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MONDAY cffiwiOHKaWN ISSUE ~s?Tke Commercial w Financial Chronicle Reg. U. 6. Pat. Office Volume 172 Number 4953 New Price 90 Cents York, N. Y., Monday, October 23, 1950 General Corporation and Investment RAILROAD PUBLIC UTILITY - INDUSTRIAL - - INSURANCE Republic below.—V. Service Corp. 170. MISCELLANEOUS - Period End. Sept. 30— the 1950—9 Mos.—1949 1950—3 Mos.—1949 $ Net profit Com. after shs, Earns, $ $ 23,967,745 166,924,994 77,078,151 5,253,685 1,475,884 13,176,417 4,631,574 2,000,000 1.000,000 2,000,000 1,000000 $2.63 sales $ 63,629,146 Net $1.48 $6.59 $4.63 taxes— outstdg per sh com. Stock and Bond Quotations 172, 281. p. (Stocks) Stock Exchange (Bonds) 23 York New Addressograph-Multigraph Corp. Fiscal Years Ended July 31— sales Profit before Provision 7,388,724 2,786,000 3,345,000 $5,438,812 paid shares $4,602,724 2,072,986 $5,186,159 753,813 Earnings 753,813 $6.10 $6.88 —V. p. 171, Stock 2,638,345 753,813 «, $7.21 — 2293. The of value asset compared as with share per $3.80 Sept. 30, 1950 a at as Sept. before. year $106,474,631.—V. were 1950 30, net Total 172, p. Stock Exchange Stock Exchange Exchange Curb Montreal Exchange Stock Toronto Affiliated Fund, Inc.—Asset Value Up 56 Cents— Exchange Stock Francisco San Montreal Toronto Stock Exchange—Curb amounted to assets of the $4.36 1229. Transactions New York Curb Exchange Dow-Jones Stock and Bond Averages Air Marshall Corp., N. Y.—Files With SEC— The SEC corporation covering offered of a letter notification of stock common (par cents cent) one share 550,000 per Electronics will Marshall shares shares of Corp. issue also in to exchange for Marshall Air 100,000 Kane shares rights all to stock 8Vs at Electronics the which cents 25,000 low-priced 6EC at corporation covering $5.50 selling Oct. on shares 2,000 filed 16 of a letter stock common (par $1) will stockholder.—V. 4.65, State chassis. to with Foreign the be offered .Yprk. The Power Stock Other bids received were Union Securities Corp. end Blyth and The The before crued Co., First headed groups by and Equitable Securities Corp. Inc., Boston the following: I jointly), $100.58 $100,409, both naming a $4.64 dividend $100, with a $4.68 dividend rate. Corp., at Oct. dividends. PROCEEDS—Net proceeds of the sale will help finance the company's construction program, estimated to cost $63,500,000 during 1950 through 1952. The Gorgas, rated Ala. generating kilowatts hydro to 1,135,560 kilowatts, including both steam and subsidiary of The Southern Co., gener¬ ates and sells electricity to over 500,000 customers (directly or through other distributors, including its subsidiary, Birmingham Electric Com¬ pany) in nearly 600 cities and towns in Alabama, including Bessemer, •Birmingham, Gadsden, Mobile, Montgomery and Tuscaloosa. For the 12 months ended a May 31, the company reported total $9,309,176—both figures on .a consolidated basis, reflecting the acquisition of Birmingham Electric Company in August 1950.—V. 172, p. 1433. . of revenues $58,353,074 and net 1950 income that out its England— The New company Power on Oct. 9 submbitted Commission England the at on to earliest bring a double-barrelled natural possible gas time to all and plan the under The significance the Federal existing any of the Algonquin move Commission Power without proceedings. application extended recpening lay be can the in the fact taken under to the people of the most lengthy case that If 52 plans. In its supplement, Algonquin assurance from Texas Eastern Transmission has it of an however, without Algonquin's action was taken after it had exhausted all attempts joint plan with Tennessee Gas Transmission Co. fox serving New England. to work The - two of out first a alternative separate distribution As its pipe is line facilities second a division companies of the with New England area between substantially all duplication eliminated. allerinative, Algonquin offers to serve the entire England area, including Maine and Vermont. Algonquin has already presented evidence on facilities adequate to render this service, New 1,902,349 "456,774 2,347,564 1,974,072 23,321,010 8,673,959 15,427,775 1,890,789 25,295,082 24,101,734 221,337 Cr 14,456 222,673 2,345,803 Cr52,978 Crl59,593 1,933.674 tDrl67,088 1,721,093 23,108,872 22,000,971 60,017 555,067 720,209 (as parent co. — income tax— net system from willing to buy a Transmission Co. is Gas Tennessee points Corp., of the required gas portion and for inc. stock Transcontinental Pipeline stk. dividends as income Federal American taxes Stores l net on 172, 22,553,806 $21,280,762 $4.53 .$4.27 of subsidiaries income parent by shares.—V. 4,980,818 1,661,076 1,857,443 share undistributed Period End. Sept. 30— expected to be company. JRestated to include esti¬ undistributed earnings of subsidiaries, p. 1341. Co.—Sept. Sales Increased 9.8%— 172, p. 1950—Mdnth—1949 1950—6 Mos.—1949 $33,404,152 $30,433,514 Sales —V. Corp.—V. 171, p. 553. com. common per ton "Loss, adequate supply of natural gas for all of New Eng¬ the Commission feels it to be the public interest, it states Algonquin Petroleum Corp., Los Angeles, Allied Calif.—Files— Oct. 6 filed a letter of notification with SEC covering 8,155 shares of common stock to be offered at ($1), without underwriting. The proceds are to be used to well and for working capital.—V. 171, p. 1041. The corporation the on $220,118,520 $202,164,887 1229. American Telephone Period End. par drill 12 Months Ended before 1950 Sept. 30— for Prov. income taxes profit Net $3,359,123 1,516,200 — Dividends paid "Capital shares outstanding Earnings per share—_ , "Excludes treasury 586,956 $5.72 shares.—V. 1948 1949 $20,998,839 $21,024,047 $18,162,073 5,669,997 5,420,257 3,865,655 2,310,874 2,114,437 1,518,523 taxes Federal income taxes 40,570,000 Ambassador East, $3,305,820 $2,347,132 1,399,581 589,156 $5.61 1,178,712 589,356 $3.98 172, p. 281. V. 170, p. -Earnings- ♦1950- -12 Mos.—1949 $ $ 54,518,448 235,520,000 221,745,513 40,376,810 161,590,000 167,510,247 3,404,000 23,280,000 14,655,000 3,570,000 3,380,188 14,390,000 10,450,000 taxes— Net oper. Dividend Interest Other income income 7,357,450 36,260,000 Total Interest tNet Inc.—Partial Redemption— has 2,810,000 90,000 - (net)— income 88,010,000 deductions 14,230,000 income "Figures company's sidiary 74,660,000 — income income - 73,780,000 ; Dividends called for redemption on Nov. 1, 1950. out of sinking fund moneys, $144,600 of 15-year first mortgage income bonds due April 1 1952, at 105% and interest. Payment will be made at the Harris Trust & Savings Bank, 115 West Monroe St., Chicago, 111 — company 8,530,000 income- on operating 62,900,000 $2.64 JEarnlngs per share This $ 13,211,748 Co.—Earnings— saies Nefc 3 Mos.—1949 63,120,000 Operating revenues Operating expenses Fed. Alpha Portland Cement & Telegraph Co. "1950 Sept. 30— $ Other for 26,368,518 59,738,453 280,780,000 228,817,094 4,273,303 13,450,000 14,533,966 91,523 20,000 236,326 71,460,729 330,510,000 269,955,904 15,418,786 58,270,000 51,825,089 56,041,943 272,240,000 218,130,815 53,824,086 240,330,000 212,288,240 $2.34 $10.20 $9.25 partly estimated. tDoes not include the interest in undistributed earnings of sub¬ JBased on average number of shares outstanding. September proportionate companies. 1589. St. Louis Listed and Unlisted Securities American action Algonquin's and 8,673,959 1,857,443 income co.) ^Earnings advantageous conditions. by 1,974,072 and deductions earns, Redeemed financing supplier, land. ♦ Federal as of Algonquin Gas Transmission Co—Seeks to Serve New ♦ "456,774 Adjust, consol. system __43 System Reserve SOn well as Profit company, 161,976 of Elec. & (adjusted) preferred (parent co.) chief plants. BUSINESS—This Cons, received item in the program will be $24,000,000 for 100,000 kilowatt steam-electric generating units Upon completion or the program, the company's capacity will be boosted, from the present level of 639,560 net fEst. Fed. mated •the construction of two at 23,311,743 14,637,784 rate; preferred is redeemable at the option of the company at prices scaled from $106.20 per share if redeemed on or 1, 1955 to $104.20 per share after Oct. 1, 1960, plus ac¬ new time any & from Gas income (parent —43 Through Sept. 30, 1950 Offered—Mor¬ gan Stanley & Co. and 22 associates on Oct. 20 offered publicly 100,000 shares of 4.60% preferred stock (par $100) at $102.20 per share, plus accrued dividends. The issue was awarded on Oct. 18 on a winning bid of $100.06 naming the dividend rate. Initial delivery is to be in the form of registered interim certificates authenticated by Irving Trust Co., as trustee. -V' 24,928,046 22,953,974 Condition Statement of Member Bank$ of the Federal Co.—Preferred 1,863,973 2,320,748 2,038,573 consolidated- Divs. on Reserve Banks U. S. Savings Bonds Issued and Alabama 1,876,598 A. stocks Total 43 Rates Exchange by income net Expenses 42 Combined Condition Statement of Federal 2793. p. Investment News..Cover ...47 Course The 11,990.068 and Subs. Cons.; Co. Total City Bond Offerings of Bank Clearings and Air through F. Eberstadt & Co., Inc., New to Richard W. Seabury, Chairman of the .Board, go General Corporation & owns 12,121,666 above) Miscellaneous Features share. 965,194 com. Co.)_ E. American Undist. for common subs. 34,188,912 35,291,811 1,073,494 * dividends— (owned & on Undist. be With SEC notification of share per proceeds stks. 35,402,286 37,049,712 2,064,324 pfd. G. 2,739,904 2,829,167 2,895,851 — deducts., earned • $ $ 12,187,648 158,904,670 151,547,507 9,447,744 123,502,384 117,358,594 3,112,068 Bal. Redemption Calls and Sinking Fund Notices. .45 Dividends Declared and Payable 43 Aircraft Radio Corp., Boonton, N. J.—Files The it per additional income other incl. . 1950—12 Mos.—1949 $ $ 13,951,027 11,055,175 income and Divs. (& Subs.)—Earnings— 1950—Month—1949 161,976 Operating Int. the to announced that beginning Oct. 13, corporation's class B stock may be made 172, p. 841. Exchange the in ex-distribution basis only.—V. Gross 10 Kane to Telecoin . with The In and shares 867,500 filed 11 cents per share by H. Frazee Olifiers & Co., New York proceeds are to be used for working capital. addition, Telecoin Corp. will offer to its own stockholders at City. 9 at Oct. on on 20 approved a plan for the dissolution subsidiary of Central States Electric Corp. Subsids. Consolidated: Stock Averages.31 National Quotation Industrial a Operating revenues Oper. exps. and taxes 32 32 31 Transactions New York Stock Exchange transactions an 41 Markets Over-the-Counter Fund Section. Sept. on Curb Period End. Aug. 31— 33 34 35 35 35 36 37 38 40 Exchange Philadelphia-Baltimore Stock Exchange Pittsburgh Oct. on American Gas & Electric Co. 32 Exchange Midwest Stock Exchange 1,884,532 ' oix York New 1950, 32 32 Exchange Stock Exchange Los Angeles Stock outstanding share per Detroit 8,531,159 3,500,000 Stock stockholders The 27 Exchange Curb Cincinnati Canadian and profit Capital Boston 1948 $43,661,098 8,938,812 taxes Dividends Subs.) 1949 $44,336,258 $41,176,727 taxes— for Federal income Net income Canadian (& 1950 Net Pays First liquidating first this company, which is of __11 New York —V. Stock Exchange corporation's The Page New York mailed were record at the close of business of Subs.)—Earnings— (& — 18, 1950 to class B stockholders Sept. 21, 1950, in connection with distribution. The distribution con¬ sists of 1.244354 $1 par common shares of Blue Ridge Corp. and .080028 of a $10 par common share of The North American Co. for each American Cities Power & Light Corp. class B share. Certificates In This Issue Admiral Corp. Light Corp. Liquidating Distribution— 1. p. Copy News American Cities Power & Abington Electric Co.—Proposed Change in Control— See a The Accident Casualty Co., Reading, Pa.—New & Casualty Insurance Co. Control— of Winterthur, Switzerland, Sept. 20 disclosed that it had acquired in excess of 90% of the outstanding stock of the American Casualty Co. under an offer made on Aug. 14 which provided that the Switzerland firm would pay $22 per share for up to 100% of the stock, provided at least 70% was tendered by Sept. 15. on it was announced that the companies two will be amalgamated Accident and Casualty have been advised that direct operations will be concentrated in the American companies. There will be no change in the operations of the American Casualty Co. or its wholly-owned affiliate, the American Aviation & General Insur¬ ance Co.—V. 170, p. 2433. and agents of T . Edward D. Jones & Co. Established 300 North 4th St., St. 1871 Louis 2, Missouri Members New York Stock Exchange Midwest Stock Exchange Chicago Board of Trade New York Curb Exchange (Associate) Phone CEntral 7600 Bell Teletype SL 593 2 The Commercial and Financial Chronicle (1530) Operating Operating Fed. expenses. on inc. taxes Other 827,326,439 725,841,502 3,130,034,948 587,505,766 565,911,025 2,292,992,033 65,049,118 29,015,706 194,731,781 65,300,317 57,317,236 247,739,498 revenues. taxes... oper. 3»/4%, due Nov. 1, 1974 Series D, 3'/«%, due Nov. 1, 1977 Series E, due Nov. 1, 1978 (3%%) Series F, due Nov. 1, 1979 (2%%) Cumulative pfd. stock ($20 par value)— 100,891,881 214,607,127 73,597,535 15,023,593 394,571,636 47,389,185 120,164,869 88.621,128 29,160,724 441,960.821 114,728,251 4'/2% 322,349,563 106,259,253 Total income 28,407,123 deductions. Interest 5% 1947 Future 3,092,569 2,243,971 88,665,177 57,216,433 •Cons, earns, per sh. $3.19 $2.41 316,223,774 $11,98 _— T. A. to Co. T. Kidder. 209,257,769 —V. «nd its on purchased be to the and them by respec¬ as are $2,800,000 __ 2_—___ ___ — per per and share. The Retire To — The at Inc.—$3,000,000 Gross 172, 841. p. committee place the for Counsel York, the Net ' was ferred •shculd receive Oct. 1947.—V. 171, which shares, preferred their for pie-; Inc. retired were Electric City company covering Oct. on required, on be will of the $18,400,000 of the redemption —V. The • Period End. Sept. 30— before Profit redemption on or about Dec. 22, 1950, mortgage bends, 3V*% series due 1964, 103% of principal amount plus accrued first of Net inc. profit shares outstdg. Ear .lings per sales Net share com. the for $105,590,000 first cannot Oct. of as amounted 1 $62,400,000 to Net profit current Net —V. this year. Sept. 30, 1950 of as $56,850,000 with pared assets of June as $58,400,000 as com¬ 172, p. 661. were 1950.-T-V. 30, after shares taxes Ind.—Note Placed Privately—This 1949 $737,141 95,499 19,028 94,551 $0.2o ; 94,551 $1.01 „ 172, p. 569. The Canteen Co. of stockholders interest has issued a $600,000 41/2% guaranteed sinking fund note, due 1960, to The Mutual Life Insurance Co. of New York, it was announced on Oct. 19. ; company issue in $2,500,000 to increase p. 1433. proceeds of the loan will be used to expand the company's •production of windshield wiper motors, wiper arms and wiper blades,' will Canteen America—Proposed Acqui¬ Profit the Co., authorized ; v $5,344,363 $4,589 310 stock period— 930,440 780,440 — $4,413,923 $3,808,870 pfd. to lor 1434. p. profit shares Earnings per 15 proposals to on stock common outstanding. .___ $8.07 share.. common directors June -29, on . $2,008,952 360,000 $5.58 declared 1950, a 10%, stock dividendi-amounting to 36,000 shares, payable on Aug. 18, to stockholders of record July 31, 1950, and subsequently fixed the amount of $25 per share as being the reasonable charge against of the stock dividend, taking Capital stock has been credited value per share) and capital surplus credited with $720,000 (36,000 shares at $20 per share), making a total charge to earned surplus of $900,000. The directors on July 20, 1950 also authorized the transfer as of June 30, 1950, lor surplus to capital surplus of $4,500,000 which had been capitalized as part of a $5,000,000 stock dividend in 1922 and returned to surplus upon reduction of capital stock from $6,000,000 to $1,500,000 in 1933. The remaining surplus balance, representing accumulated earnings, has been designated as earned surplus. a share.—V. 125,000 by $2,907,774 360,000 - DIVIDEND—The STOCK 1,615,264 taxes : Common 3,319,751 1,310,799 4,523,038 taxes..,. Federal and State income for Prov. 1949 ' 1950 $25,956,366 $26,531,036 ■: revenues income before surplus all pertinent factors. Increase 172, may will vote stock, capital substantial . $5 at par Oct. 3 a on proposal to increase the 500,000 to 1,000,000 shares. company states that the increase is being asked in order that it oe prepared ioi whatever eventualities may develop should a authorized The shares Capitalization— stockholders The capitalization the for (36,000 $180,000 To purchase stock from certain individuals for $750,000; to cumulative preference stock, par $20; and Nov. vote 4Vi% of 2,094,492 $360,832 Carpenter Steel Co.—Earnings— sition and Increase in Capitalization— Anderson Co., Gary, 2,197,240 $452,708 into consideration outstanding Automatic 7,541,603 171,506 1950, 1950 $1,197,416 Earnings per share $42,650,000 as of June 30 with 1433. p. sales Net 532,338 172,094 Year Ended June 30— with compared as from Atlas Tack Corp.—Earnings— Capital orders 172, Quarter Ended Sept. 30— jrear. Unfilled expenditures construction its determined.—V. be now 6,683,802 624,802 de- (net) applicable 172, earned $2,144,100 $1,263,600, 969,062 969,050 $1.40 $0.49 nine months of this year amounted to with $95,071,000 for the same period last compared as that 1950, nancing $391,400 969,050 $0.13 $1,106,800 969,062 $0.8 7 j, ■Common 170,000 556,100 taxes estimated company through Dec. 31, 1951, will approximate $6,898,000, and that financing to the extent of approximately $2,000,000 will be required in connection tncrewith. The nature and timing of such u- 1950—9 Mos.—1949 $3,190,200 $1,608,600: 1,046,100 345,000 1950—3 Mos.—1949 $1,662,90C $561,400 " taxes inc. Fed. for Prov. 1950—Month—1949 1950—12 Mos.—1949 $2,512,172 $32,612,458 $28,657,104 $3,128,230 ____ income Net 1, Sept. or in Light Co.—Earnings— & taxes— Net sales—total interest. American Woolen Co.—Earnings— share, be paid the with the price 1041. p. statement registration a per of used for at 9, filed 18 $18,400,000 20c o. surrender of certificates upon Balance SEC— Co.—Registers With first mortgage bonds, series A due 1980. The bonds are to be offered for public sale at competitive bidding, which will determine the interest rate, public offering price and underwriting terms. Proceeds of the bond sale, together with other company funds as is headed by J. C. Galdi, New filed in order to speed a final which petition Commission as to what amount the former 6% stockholders of American Water Works & Electric Co., the by The SEC committee, that stated decision Atlantic Co., Bank Farmers order the West Penn Electric cash in escrow with the City to in York. New Co., recently successor, for dividend 1950, other and auctions Dividends holders of this company certificates escrow the SEC $3,000,000 requested io Tr.'.st of convertible preference stock, without redemption on Dec. 11, 1950, at $20 of called Power after Aiked to Be Placed in Escrow— A 11, revenues inc. Interest debentures 15, 1950, thereby reducing the outstanding amount to $6,000,- 000.—V. ; t* a total of $20.20 Canadian funds onfor the above Royal Trust Co., Toronto, Canada.—V. 160, ip. 1077, j Dec. Operating its 15-year 3% % will redeem $1,000,000 of company Nov. on American Water Works & Electric Co., Co. Telegraph & to up Such redemption price will after stock shares been plus accrued Carolina Debentures— 1443. 172, p. telephone subsidiaries.—V. have share Period End. Sept. 30— Telephone at the Bankers Trust Co., 10:30 a. m. (EST) on Oct. 24. company • outstanding value, par 1129. Associated the N. Y„ Canadian Canners Ltd.—Preference Stock Called— All average principal by 15, 1342. p. 2,800,000 400,000 Co & Agnew & Co 172, p. $8.91 number of shares outstanding, tlncludes propor¬ tionate interest in net earnings of Western Electric Co. and all other rfmbsidiaries not consolidated (partly estimated). ^'Includes company ♦Based bonds underwriters the of names of Co.„_ & Peabody Shuman, . . Weld White. 6,832,541 11,008,796 stk. interests & amounts principal received New York 1960. ■i None 833.038 shs. follows: Applic. to minor. ' Applic. 104,688 shs. be St., 172, for the purchase from series due 1980, and 27/»% bonds, mortgage due for bids invitations issued first debentures will Wall —V. 280,312 shs. 537,614 shs. 1,000,000 shs. value) par UNDERWRITERS—The 216,090,310 327,232,570 59,460.404 91,757,746 income ' ($20 $4,000,000 Bids 16 has company of $2,000,000 6,950,000 6,000,000 615,000 shs. series series, if any stock The it 15,000,000 280,312 shs. series Common tive Net Unlimited Monday, October 23, 1950 . California Electric Power Co.—Bids Invited— Outstanding $1,368,000 10.300,000 Unlimited Unlimited — 264,041,328 58,308,235 income.. oper. 1969 1, FINANCING NEW TO Authorized Unlimited Unlimited Series C, 2,797,352,651 2,217,812,315 109,471,238 tOther income (net) 10,693,631 Net 3>/4%, due Dec. B, EFFECT GIVING bonds— mortgage Series $ $ $ $ First 1950—12 Mos.—1949 1950—3 Mos.—1949 31— CAPITALIZATION EARNINGS. REPORT CONSOLIDATED SYSTEM BELL Per. End. Aug. . . from $5, par necessary.—V. 172, p. 234. become expansion program The for and replacement. original equipment ■ i - . • - In Co. Archer-Daniels-Midland Offering Special — A (no — dated the Jan. 27, refunding of Mutual 1950, Lift due 1962 April is The Co. mortgage new is The bonds of will tached, extended been office certified be 27, until quarterly $6,250 Jan. 27, Central Foundry Co. notes, dated, Sept. Pitfield & applied t»ank other and 1950 15, Montreal, of 3% funds the of serial debentures, will be of $2,000,000 remainder the indebtedness.—V. short-term 36 Weak.) Ended Sept. 9— $4,000,000 7-year 3V4%- secured due Sept; 15, 1957, through W. C. Canada. The proceeds have been of issue an retirement and and sold Ltd., Co., the to 1950-1954 Big Bear Markets of Michigan, Inc.—Sales— Ltd.—Sells Notes—Retires Debentures— has company 163, 66. p. This corporation will build plant at cost the of the At Armco an Texas, either town, will time furnace and coke ovens, enlarge improvements at its East Works Hook, Chairman, announced. The is building will and electric or has started lias which its capacity a 1947 of will bring over weeks Hook ago," 4,810,000 at Ky. Ashland, few a stated. the world, will have a capacity to produce 1,500 tons of pig iron per day. An pre storage yard, with car dumper, will be constructed, capable-of fcolding 1,000,000 tons of ore. ' Approximately 75 by-products coke •vens will be built as well as a by-products plant to recover coal tar, witrogen, and other valuable chemicals. . The for Planes the blast furnace, as the of one largest V. 172. bidders Inc., 99.32; Equitable *nd PROCEEDS—The the company, part the live a largest outstanding months Hutzler net proceeds 1950 bank and from loans. for and & Co. Kuhn, «nd communities offices And the of San -ended in Southern company Bernadino. July 31, rent are estimated 1950, are Total telephone service and Central California. located in operating amounted to <1,233,808. Los Angeles, revenues 511,983,224 for and certain cities Principal central Santa the net 12 Barbara months income was paper products.— 5,954 7,947 22,546 1/3,300 476,820 447;670 $210,925 — The on 2,444,952 of 1,899,965 1,016,815 676,510 3,450,375 1,442,275 $1,223,455 $2,008,100 53,203 260,000 59,766 260,000 $5.29 taxes $4.48 66,328 260,000 $7.47 — ',$194,759 $636,972 $712,312 an in of share 1948. dividends 19, 1950. The preferred stock is the Shell Provident Fund, New June on Pension Trust $3.08 cash to and the on basis of 8. p. the year. with The $5.40 to company's cur¬ 1 at June 30, 30, 1950 was $1,620,172, and inven¬ against $2,964,342 at June 30, 1949. as plant equipment and increased $102,603 1434. Exchange Commission— Oct. on 37,172 1/7 Nov. June property, 172, during compared as Manufacturing: Co., Utica, N. Y.—Files With company /Investing 1, on $4,188,716 of year.—V. common to balance values the of $310,253 increase was Brunner to be reflected the in company's is moving its main office to premises will there continue the metropolitan district annual at fittings for report ior Newark are being Newark, New .Jersey* axrd the warehouse and distributing of New York. This will result efficiency. result a and pipe the of the office, above company before $85,000 income sale and change location the in estimates an annual taxes.—V. 172, p. 282. of the reduction in expenses Central Maine Power Co.—EarningsPeriod End. Sept. 30— Operating revenues 17 shares stockholders one The Co., taxes_ deductions Total Net Pfd. after inc. Gross income 1950—Month—1949 1950—12 Mos.—1949 $2,067,168 $1,923,140 $22,247,134 $21,225,717 539.903 507,769 6,260,799 5,957,708 170,318 152,510 1,935.054 1,797,186 $4,160,522 $369,585 $355,25) $4,325,745 78,540 67,040 925,479 804,348 stock— $291,045 $288,219 $3,400,286 $3,356,174 share shs $0.13 $0.13 $1.56 $1.54 ,. requirements—. div. for of filed of a letter for each will N. general corporate purposes.—V. Oct. seven be Y. 171, of notification stock common record offering Utica, share Inc., com. com. per 2,177,459 172, 1434. p. 24, shares (par 1950 proceeds 1782. $1) $6 at held. underwritten The p. Corp.—Adds to Investments— Central National represent 16 announced that this corpo¬ of common stock of the St. Container Corp. These shares the entire holdings of National Container Corp. in the St. Corp.—V. D. S. ration Gottcsman, has Lawrence President, ptnehased Corp., Ltd. on Oct. 39,945 shares from National 167, p. 743. the record date stockholders at 970 common were Securities and The soil greater main Central ment amouhted covering will of Lawrence stock outstanding.,. Shell The during month company leased facilities —V. Y. ratio book the The on 1948 1949 1950 taxes common per tories at in and pulp of $1,428,137 .income 1949. Net 1951 1,334 157,910 — (est.)__ $23,757,177 $23,115,586 $23,915,005 preferred the N. senting its history and to retire expenditures for the last year producer Net, working .capital amounted to $5,553,262 at June 30, 1950, repre¬ / . provides for Bonds Placed Privately— — stock split-up on May 5, by York, (Inc.) and Loeb & Co. Approximately $41,000,000. BUSINESS—Company $1,481,139 —- payment held financing will be used by Telephone Corp., to finance in in large a income on for the Total - $),385,043 202,580 - l^OTES—There 97.80. entire the Hall. 98.327; (jointlyi, subsidiary of General construction program short-term of Harris, 98.849; (jointly), Corp. & Bros. for income "After the bonds, also as 27/sS, were: Halsey, Stuart & Webber, Jackson & Curtis and Stone & Webster (jointly), Corp. and must amount for _ before Earnings Paine, Securities Salomon 106. shares 18 first for is 'Common and Shuman, Agnew & Co. on Oct. yield 2.90% to maturity. The issue was awarded to the group Oct. 17 on its bid of 99.407. Other 204.858 F. Dividends to Co. which Berlin, N. H. sales Income publicly offered a new issue of $6,000,000 2%% mortgage bonds, series F, due Nov. 1, 1979, at 99.585% Securities bonds Government (E. L.) Bruce Co. (& Subs.)—Earnings— Net banking group composed of White, Weld & Co.; Kidder, Peabody & Co. S. States Fiscal Year Ended June 30— Offered—A Ltd.—Bonds Co., $1,326,597 66,928 the p. Provision Telephone 10. 1950—9 Mos.—1949 $390,941 formerly made produced at the company's plant at Holt. Ala. 1950. Earns, •' have not yet been com¬ the engineering work advances. soon as Sept. (& Subs.)—Earnings— 66,503 _____—__ tax taxes income Bal. 172, Associated to company Net , addition in The in project construction huge Contracts will be let p. 1)29. pleted. —V. Armco new Suffolk County, dividend of $10 of liquidating Whittemore, President, on Oct. 20 an¬ refunding of the company's $3,953,000 first mortgage and collateral trust bonds and notes and $12,620,100 general mortgage 5% cumulative bonds, series A, through sale to institutions of $16,000,000 of collateral trust bonds consisting of $13,600,000 3V2% series due 1970 and $2,400,000 2V2% notes due serially 1951-53. This financing was negotiated by The First Boston Corp. tons. announced to was program Court Superior second a cash amounting to be held to cover a capital gain taxes for the amount already paid.—V. 172, p. 1030. U. United Laurence Armco's years capacity annual our modernization A the nounced two next 1S50, $2,300,000, over ot Brown Co., hearth plant at Middle400,000 tons of steel ingots steelmaking capacity will in¬ crease more rapidly than at any period in our history," Mr. Hook «aid. "On July 1, 1950, our rated capacity was 3,793,000 tons. By the end of 1952, expansion projects under way or just announced will result in an increase of 1,017,000 tons annually or about 27%. This the paid on $436,672 expense inc. income As year, 'During of 25, of another furnace, at its Kansas City plant. f $12,000,000 open new was September 1950, the company sold its plant and equipment at Newark, N. J., which resulted in a book loss of approximately $251,000 (after applying against the loss a reduction of approximately $200,000 in Federal income taxes resulting there¬ from 1. The loss on this sale and the resulting savings in Federal construction hearth, open claim Steel Corp., large electric furnace at its Houston, a begin shortly an the decree Aug. company, slightly the Sheffield that Hook revealed the of $35,000,000.' be Mr. subsidiary plant, an Armco per project same the to entered share is being paid at the Old Colony Trust Co., 45 Milk St., Boston, Mass., upon presentation of stock certificates for stamping of a legend evidencing such payment. This distribution leaves in the hands of P. A. O'Connell, receiver per blast a pits, and make other Middletown. O., Chrles R. Federal During Ry.—Pays Liquidating Dividend— v Corp.—Plans Expansion— soaking Interest Net Pursuant Its new 176) No. 842, p. Boston Elevated Mass., Steel Armco and extension June 9, bonds due presentation to the Seattle, Wash., the coupons will be at¬ Upon Commerce, due for refunding used 172, Depreciation 1950 1949 $14,087,290 $12,351,008 Sales —V. of 1950—3 Mos.—1949 profit Operating Argus Corp., Bank (coupon Period End. Sept. 30— The 1966. 1, Nov. to as 1 Vz% of Interest to National the is to be amortized by 1950 until Jan. 27, 1953; the balance of $293,750 becomes due. when have 1953 main participating 6% that the reports company and 1962 27, Wash.—Extension of Bds. Central Building Co., Seattle, first and the Insurance Jan. quarterly payments of $9,375 from from April' 27, 1953 the payment & by Goldman, Sachs & Co. and Piper, Jaffray Hopwood. Reported completed.—V. 172, p. 933. with Connecticut the was Oct. 17 at $44.87 xk per share, less a .share, connection refunding income 6V2S due Sept. 1, 1963 called for redemption on March 1, 1950, a new first mortgage of $625,000 at 41/2%, on the hotel real estate and a chattel mortgage on the furniture and fixtures was obtained from offering of 10,000 shares of common stock made on the New York Stock Exchange on commission of $1 per special par) Bancroft Hotel Corp., Worcester, Mass.—Loan Refunded • ■ i with the SEC be offered to per on will expire Mohawk Valley to be used for Rights by are share States Power & Bonds Expires on of of Holders first mortgage and Light Corp.—Rights to Pay¬ Dec. 17, 1950. first lien gold bonds, 5%:% series, being notified that in order to receive payment of unpaid of the corpora¬ tion Utility Holding Company Act of 1935, holders should forward their bonds, with Jan. 1, 1945, and subsequently maturing interest coupons attached , to the Chase National Bank of the City of New York. The company, in 1944 deposited with the Chase National Bank funds sufficient to pay the unpaid principal amount of the bonds, together with the interest thereon up to Dec. 16, 1944. in full payment and discharge of the bonds and satisfaction of the first mortgage and indenture- trust. All due 1953, are and interest now on deposit, under the plan filed under provisions of section 11 of the Public principal interest on The the bonds ceased to accrue on and after Dec. 16. 1944. i>lan' under which the funds were deposited, as amended, pro¬ if any holders of the bonds shall not have done all acts necessary to secure possession of such bonds prior to Dec. 17. 1950, all rights of such persons to the funds shall cease and determine, and Ogden Corp., its successors and assigns, shall be entitled to such funds free of any claim or lien with respect thereto.—V. 171, p. 1458. , vides that Volume 172 Number 4953 . . Chelsea Hotel Co., Chicago, The stockholders 4% first mortgage expects company balance The when the on in needed property. company's draw down to $100,000 connection with The negotiated general taxes; The over used to pay settlement a of amount, time for $130,000 will be paid from the ISO, $50,000 demand loan recently income tax deficiencies for past from Total Net value asset close the at of This shares. was $17.14 per months earlier.—V. 172, share, compared pp. 1030, 1231. the $33,764,087, to with with net $16.03 Offered—Offer¬ equipment trust certifi¬ of 1950, dated Nov. 15, 1950, and maturing $265,000 semi-annually May 15, 1951, to Nov. 15. 1965, inclusive, was made on Oct. 19 by Salo¬ Hutzler associates. and Bros. were priced to yield from 1.60% to 2.65% and are being offered subject to approval of the Interstate Commerce Commission. The issue was awarded to the group Oct. 18 its bid of 99.713. The of also unci:-r Issued the to cost the was Stuart & Co. Halsey, by one Inc. 2VsS. certificates will be secured railroad equipment, estimated cars and 550 all-steel the Plan, standard-gauge all-sree* 1,350 hopper cars. shares Securities Union the of undciwriting and Coip. Stroud Inc.—V. Co. & include group Drexel 172, Co.; & 1434. p. St. Paul & Pacific RR.—Equip¬ ment Trust Certificates Offered—Salomon Bros. & Hutz¬ Chicago, Milwaukee, ler and 19 offered $5,430,000 of Series associates on Oct. the of —V. certificates dated Nov. 1, 1950, and maturing $181,000 each May 1 and Nov. 1, from 1951 to 1965, subject to approval of the Interstate Com¬ merce Commission. The certificates, priced to yield 18 Oct. its on Other members Securities Union the of 168, were is issue the on Drexel include group & SEC from The and —V. after Friday, offices City 172, will Oct. Harris, Hall & Co. 172, p 1434. viz: at 30-30 of at 200 475. p. Co. Iron of block Sold—A Stock — with together The edness 100,920 shares of common stock (par $1) of this company, Republic Steel Corp., have buyer through Lehman Bro¬ which had been owned by the sold unnamed an The selling price was not thers. The to for commitments disclosed. pointed out, however, that it has heavy development of raw material sources, Corp. Steel Republic financial the including iron ore, and said that proceeds of the sale of Cliffs stock will be used for these developments. the Among interest the are iron projects in which Republic has a financial Liberia, the Iron Ore Co. of Canada for ore deposits, Labrador of development its Cleveland- deposit in new7 a the and Mining Reserve Sept. Subs.) -Earnings— for $804,271 — Nil the For amounted the for In to cents 76 addition, this months ended three 200,000 the from fiscal earnings of ended Aug. months equivalent of U. life months' six Collins 26, & 1950, dollars.—V. S. borrow York, to cents 66 promissory The note. loan proceeds, used to repay $1,000,000 of 23.'4e/o to pay off all the bank indebt¬ 172, p. 843. Co. Construction Program — and made A — proposes in prior expended was to Jan. 1950, 1, are: of the third unit with namecapacity at the B. C. Cobb steamelectric generating plant near Muskegon which, with related substations and connecting transmission lines involves a total cost of .approx¬ imately $8,400,000, of which approximalely $4,700,000 was expended prior to 1950, and approximately $3,700,000 additional has been oi¬ ls to be expended in 1950, This unit was placed in service in Sep¬ completion rating plate completion 2—The namcpiate with coal at total a of installation the of rating fifth the sixth and cost was placed were in service in December and November quarter Ltd. for $138,391 1580. p. figure the six in the company plant with installation initial an the of Justin new the southeastern in of one building is estimated schedule present in 1952. employees may elect to buy stock only during the 20-day between the 6th and 25th days of April and October in each The first period will end at the close of business Oct, 25, 1950. The proceeds received from the sale of the common stock pursuant to the above plan will be added to the general funds of the company. The general funds will be applied, among other things, to the com¬ pany's construction program. It is planned that approximately $68,500,000 of the $94,300,000 estimated total cost of the 1946-1952 construction and expansion period below will be raised through the sale of securities, $58,000,000 has been raised to date through of preferred stock in 1947, $23,000,000 of first mortgage bonds and 170,000 shares of common stock in 1948, 283,333 shares of common stock in 1949, and 283,333 shares of common stock and $7,500,000 of preferred stock in 1950. The company estimates that approximately $10,500,000 of additional financing, including the common stock now offered, will be required to complete the constructian and expansion program. The company does not plan any addi¬ tional financing during 1950. In order to produce and distribute the energy needed to meet in¬ creasing demand with facilities owned by company, the company started in 1946 a construction program which will carry through 1952. The estimated cost of the construction program and the acquisition of the additional properties in 1948 will aggregate approximately $94,300,000, of which $61,516,400 had been expended up to March 31,. 1950; an estimated $16,285,100 will be spent during the remainder of 1950; ami an estimated $8,913,000 and $7,585,500 will be spent in 1951 and 1952, respectively, which of the to 2%% 3% series due 3% series A, the that unit first additions other of distribution, gas that $35,000,000, the 172, p. 1343. to will capacity completed be heating, and $6,300,000, of type has which of .. not yet been de¬ of 7,469,456 107,173,761 1,389,211 21,806,790 tThe stock $791,055 $14,305,745 5,104,706 $11,518,365 4,544,576 $2.80 $910,542 outstanding ... share. per authorized but unissued preferred time by authority of the board of * 12 Mos.'50 $2,494,538 412,396 155,188 sales Net Profit income before Federal income taxes taxes per $28,684 190,300 $1.22 $0.03 share common 275. p. Delta Air Lines, Inc.—Earnings— _ $17,185,295 $15,227,845 $12,818,969 15,775,141 14,281,956 12,618,944 ——— Operating expenses - profit ——— income (net.)——.— $1,410,154 "5,403 $945,889 62,551 $200,025 107,048 profit before income taxes— $1,404,751 $1,008,440 $307,073 589,000 369,000 102,343 $815,751 $63.9,440 $204,730 500,000 500,000 500,000 $1.63 $1.28 $0.41 Operating Non-operating Net -Loan Placed Pri- Net taxes after profit Common per taxes outstanding-—. shares Earnings share common 172, "Loss.—V. that it has arranged a 20-year loan from an insurance company to finance the retirement on Nov. 15 of all the outstanding 5% cumulative0 convertible preferred stock at 105 and accrued dividends of 62vk cents per share. There were 24,892 shares outstanding at the end of 1949.—V. 170, p. 1596. r 1343. p. (& Subs.)—Earnings— Detroit Edison Co. 377 with Oct. on 13,192,000 stores 363 were $ 14,125,000 — There operation in 1949.—V. 1, 172, 123,907,000 130,581,000 1950 30, Sept. at compared The purchased has company Flavor-Seal as Inc. Cookwear, Flavor-Seal Period End. Sept. subsidiary, United Fuel Gas Co., have applied to the SEC for an order authorizing United Fuel to issue and sell to Columbia $2,000,000 of 3 lA % instalment promissory notes, the which'would proceeds" of struction has United finance to Fuel's 1950 con¬ SEC hearing interested given until persons Oct. to 25 request $208,116 600,000 —V. 171, p. $1,405,137 $250,346 600,000 $0.35 $0.42 600,000 $2.34 $1,609,289 600,000 $2.68 3. Danciger Oil & Refining Co.—Merger Proposal— Production Southern Inc., Co., below.—V. 172, p. 1343. Under Seaboard Seaboard $500,000 Seaboard their to by used its as SEC have S. for the completion of restoration of working subsidiaries three maintain and La the Financial St., of per the for 25, year; stockholders D. & Securities Corp.—Capital exchanged were for Aug. on new approved 30 per share $2.10 $1.88 — 1435. p. Alkali Diamond This acid company business the of Co.—Acquisition— Oct. on E. I. 16 announced the purchase of the chromic duPont deNemours & Co., Wilmington, Del. duPont at its sale, Diamond product will continue to be manufactured by Philadelphia, Pa„ plant, and under the terms of the will take over distribution of the product on Jan. 1, of the consideration was not 1951. Amount revealed. Changed class A common stock on share offices to as 1, to extend the also stock approved powers of the a will be proposal to company.—V. amend the charter 172, p. 1231. U. Patent Office) William B. Dana Company. Publishers, 25 Park Business Manager. Fublished twice a week [every Thursday S. share-for-share convertible at any time 1954, into four shares of class B common stock. preferred new stockholders The so Jan. of authorizing Riggs, a basis. Each expansion program Dominion The entire of company in Dominion fluctuations in the of rate Canada, of $48.00 exchange, per in excess of $5,000,000.—V. 171, interest Canada, Notice Natural Gas Co., Ltd.—Proposed has entered into an agreement for in United Fuel Investments, Ltd., to Ltd., thereof for has $1,000,000 in been filed Canadian 1567. p. with the the REctor 2-9570. sale Union SEC by Cities of its Gas Co. Service Co., the SEC in 1944 three subsidiaries, United Gas & Fuel Co. of Hamilton Ltd., The Gas Co. Ltd., and The United Suburban Gas Co. Ltd. subsidiary of United Fuel is Hamilton By-Product Coke Place, New York 8, N. Y., Sale— funds. parent of Dominion. Cities Service was ordered by to divest itself of its interest, in United Fuel and of its four Wentworth The fourth Ovens Ltd. Herbert D. Seibert, Editor and Publisher, (general news and advertising Issue) with a statistical issue on Monday], Other Drapers* Gardens, London, E. C., England c/o Edwards <te Smith. Copyright 1950 by William B. Dana Company. Reentered N. Y. under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of Panyear. Other Countries, $52.00 per year. 111. (Telephone STate 2-0613); 1 1942, at the post office at New York, 3, costing a order an (Reg. William Chicago February $45.00 SEC Chronicle President; Salle matter account to Realty proposal to change the authorized capitalization from 1,200,000 shares of common stock, par 35 cents, to 1,000,000 shares of 6% cumulative convertible pre¬ ferred stock, par $5; 2,000,000 shares of class A common stock, par 35 cents, and 6,000,000 shares of non-voting class B common stock, par 35 cents. The outstanding 1,056,290 shares of common stock Inc., ana its subsidiary, Central Kentucky applied Seibert. Union. On Dansker prior Gas System. class second or Va. Dana 135 programs The 5,533,747 13,152.242 con¬ The would be used construction construction. W. Co., American NOTE: the the Columbia would loan $1,400,000 to Atlantic latter's 3V* % instalment promissory notes. loan $100,000 to Amere Gas Utilities Co. and subsidiaries, two Commercial offices: to Gas Distribution Corp., subsidiaries of Seaboard. by Seaboard, as well as the borrowings from 1950 in Gas William to finance applied have agreements retained The Columbia The would Virginia Charleston. Natural the on turn loan into the subsidiaries. of proposal. Corp. in respective capital In the subsidiaries three enter to programs $300,000 The and corporation authorization struction income 172, - —— Nearing completion at both the Kearny, N. J., and Painesville, Ohio, units of Diamond Aikali Co., is a rehabilitation, modernization and Proposed Loan Agreements— This 7,502,436 16,131,613 — — The a 18,685,939 1950—12 Mos.—1949 1950—3 Mos.—1949 30— .profit after taxes shares outstcig. Earnings per share—— Capital See for income Net —V. Corp.—Earnings— Net the application. upon $ 143,941,450 131.819,840 23,634,048 after taxes income from Deductions 1— operations and. program. The used be and utility corporate income Net its and the Nicrc Steel Products, Inc., will be operated as a division 172, p. 194. from revenues Gross 1030. p. Columbia Gas System, Inc.—Unit to Borrow— corporation Nicro subsidiary.—V. a Cream of Wheat This Gross Cory Corp.—Acquisitions— $ $ $ Bales 1949 1950 12 Months Ended Aug. 31— $ 1950—9 Mos.—1949 1950—Month—1949 1948 1949 1950 Operating revenues Colonial Stores, Inc.—September Sales 7.07% Higher— Period End. Sept. 30— 36,560 7,876 190,300 outstanding— shares 164, 11 Mos.'49 $1,817,266 $257,208 income Net reports company of p. Dazey Corp. (& Subs.)—Earnings— Income The 172, shares from time to 1030. be issued Period End. June 30— 1343. p. series more $2.53 280,790 — shares 14,887,557 3,369,192 1,071,845 280,789 Balance 50,000 remaining may directors.—V. 91,239,255 18,738,194 17,674,933 3,369,189 1,191,331 — — or Year Ended June 30— stock pfd. —_r one trustee. —V. charges taxes in issued 1950—12 Mos—1949 1,560,753 taxes— be may Earnings 9,097,091 after after value par shs. shs. shs. shs. aggregate principal amount, but subject the first and refunding mortgage of to general EARNINGS $7 100,000 75,000 75,000 2,316,666 shs. shs. shs. shs. without limitation as to the restrictive provisions the company dated as of Oct. 1, 1935, as amended by the third supplemental indenture dated as of Oct. 1, 1945, between the company and Irving Trust Co., as 'Bonds the electric stock, Common Common STATEMENT OF 100,000 75,000 75,000 4,000,000 cumulative—— property the to 1950—Month—1949 revenue inc. 172, value, cumulative V. Period End. Sept. 30—- —V. par cumulative——— additional any COMPARATIVE on 15,000,000 1978— $100 300,000 shares; $2,400,000. additions, expected Sec inc. 197C— due stock, tPreferred C, kilowatts Outstanding $28,850,000 8,000,000 1975 due series A, 85,000 FINANCING PRESENT TO Authorized B, public financing will be required this year to carry out the 1950 construction program. In order to carry forward and finance the company's construction after 1950, officials of the company estimate that it will be necessary to issue additional securities early in the year 1951 in the amount of not $30,000,000 EFFECT bonds: mortgage series / $2,000,000; termined. GIVING CAPITALIZATION "First series 1950 with estimated cost as follows: miscellaneous in is $7,500,000 series cost contemplates miscellaneous It approximately of sale 3.75% production, $700,000; electric power supply projects, $6,400,000; electric transmission, $2,600,000; electric distribution, $12,300,000; gas> trans¬ and described program 3.90% State . construction 4—The per of Michigan of the with which, unit two a highest multiple of 25 cents. For the first sixfor both cash and instalment purchases will next the price share. period, year. 1949, related transmission lines and approximately $23,400,000, of which approximately $1,200,000 was expended prior to 1950 and approximately $4,000,000 additional has been or is to be expended in 1950. The in the to $26.25 steam-electric Whiting R. corner unit of Employees— Oct. 4 offered its 011 3.75% construction 3—The Conlinental Foundry & Machine Co.- Aikman of Canada in the amount of 172, p. 282. 163, employees 50,000 shares of com¬ mon stock (par $7) at a price to be fixed by subtracting from the average of the closing prices for the common stock on.the New York Stock Exchange on the last trading day of each of the preceding 12 months an amount equal to 15% of such average and taking the at share per this in stock,—V. common Dayton Power & Light Co.—Offering to units that plant and related substations of approximately $13,200,000, of Which approximately expended prior to 1950 and approximately $1,700,000 been or is to be expended in 1950. The fifth and has units of kilowatts capacity each at the John generating plant near Bay City, together vately—To Redeem Preferred Stock— first the Included common 60,000 facilities handling $11,500,000 sixth kilowatts steam-electric Weadock C. the installation of 60,000 1950. tember, with of of during a period. of 100,000 Eligible $800,000 the be total net income of $1,003,- insurance making to $199,206, for are 1950, earnings from operations 26, per income year amounted the current 477 Aug. to New of it expected 1951.—V. 20, company City to make capital expenditures 1950 to Dec. 31, 1950 in an of which approximately, $21,expended through July 31, 1950. Among the projects this construction program, on which approximately $17,- was included 400.000 Earnings share, as compared of the present fiscal year. first quarter will said has company Common *Loss. subsidiary. Canadian including *Not the t$436,485 Earnings unissued be property additions from Jan. 1, of approximately $42,000,000, & $1.42 profit after income taxes— per common share 201,741 on dated Oct. 3, issued in connection with the recent offering to common stockholders of 510,470 addi¬ tional common shares, revealed the following: Div. *1949 1950 Six Months Ended Aug. 26— Net cash, Power Consumers Net (& $15.38 prospectus Gross Collins & Aikman Corp. totaled Co. 1800. p. 21 the 2Vt% one-year a company Gross 170. —V. by other before mission, been reported to is shaies exceeding result Sept. 15 authorized National Bank of evidenced be to company Cleveland-Cliffs Sept. at which compares with an asset value of $14.77 shares outstanding at Dec. 31, 1949. The size $3,103,126, against $2,732,798 at the close of 1949. now on generating corporation's executive and Northern Boulevard, Long Fifth Ave., N, Y. City. the 1950, 20, located instead be Y., N. 1, their but Offering— be planning the public offering of not stock and the sale to its employees shares. Oct. 16, the stockholders were to vote upon a proposal to waive preemptive lights to subscribe for 300,000 shares of authorized not of On both Stock company 200,000 over The share Chase notes. Co., Childs Co.—Moves Executive Offices— Island a 2321. p. substations, On also 185,009 on Fund additional (Inc.), 99.475, and Halsey, Stuart & Co. Inc., 99.369.—V. general Sanders, of respectively. underwriting and Stroud & Co. Inc. received, also for 2VzS, Corp., bids other The awarded The group was bid of 99.559. Plan. delphia under the Phila¬ to 2.65%, are being issued 1.65% L. The who month MM 2V2% equipment trust from 1,419,687 1,280.775 $1.11 1,611,769 1,280,775 $1.26 share per Plans Therm- director a Vice-President. a per outstanding, share per 1—The members Howard of Walker, P. is President, and Mr. Wheeler and Mr. Sanders are Commercial Solvents Corp.—V. 172, p. 282. value asset amount Philadelphia new SIC,045.681; Other Board T. who Increased— The The submitted for following by box bid only other 99.67416, and President the of Major Wheeler, C. Vice-Presidents of certificates The mon on is Maynard Consolidated Electric & Gas Co.—Loan Approved— fourth & named was Woods Mr. replacing affiliate, an named was elected Chairman been has Co., as per $7,950,000 2V2% serial equipment trust of cates, sales retail Net 1231, p. Chairman. company, The Chesapeake & Ohio Ry.—Equipments ing 172, Carbon retired Share per compares 1950 1949 $40,078,862 $35,970,535 Fiscal Year Ended July 31— Net other 1950, represented by 1,967,975 shares. the third quarter, taking the portfolio value, three share 1950 amounted 30, Sept. on outstanding 1,969,053 by market at this Fund of assets to request 1950, (& Subs.)—Earnings— Davidson Bros., Inc. Central Composite Bond and Preferred Stock Fund, Inc.—Asset of $31,554,236 on June 30, assets instalment by used interested persons until Oct. 30, given Albert Woods has Value Chemical Fund, Inc.—Asset Value Up $1.11 represented be Commercial Solvents Corp.—New Chairman of Unit— J. atomic director, balance 3Vi % of would program. Earnings 826. p. has SEC hearing.—V. a a loan and the new The $700,000 which of principal estimates that the entire program, which will extend period of 18 months, will cost $237,500. Of this amount, about funds.—V. Columbia to proceeds program. quarterly the modernization program. and lor sell the profit after taxes Capital shares outstanding the company a and notes, to complete its 1950 construction the and for to issue to promissory the payment of the second installment of 1949 ' discharge the outstanding $21,200 3V2% first mort¬ provide loan; gage effect to and years to be present modernization its will pioceeds are this Of the at mature in 1C years and calls payments of 2% of the amount borrowed. Joan Central 111.—Mortgage Loan— Sept. 15 approved the placing of a new $200,000 on 3 (1531) The Commercial and Financial Chronicle . remittance for foreign subscriptions and advertisements must be made in New York funds. * The Commercial and Financial Chronicle (1532) *The and United considered from exempt be to Elastic Stop Nut Corp. of approval, SEC subsidiaries are Canadian companies. common shares outstanding of which 39,880 its has Fuel United is sale proposed since represented are 206,407 196,000 69,000 $375,478 Capital shares outstanding—458,453 Earnings per share. $0,82 Unfilled orders Aug. 31— $1,418,044 —V. 172, p. 752. $319,368 458,453 $0.70 made by Toronto firms at prices of $21 and $20 per share, respectively, previously had been rejected, and the present purchase arrived Malting Co., Inc.—Earnings— & ' $137,407 taxes__ income Federal income taxes__— profit — 1950 1949 1948 1947 $1,749,323 $3,299,204 $1,553,772 $1,286,074 "Earns, per com. share- $1.78 $3.43 $1.57 on presently outstanding 938,844 shares.—V. $1.28 1 172, 752, p. 458,453 $0.30 $776,068 $609,677 Gamble-Skogmo, Inc. (& Subs.)—Sales Up 20.13%— Period End. Sept. 30— Net sales 1950—Month—1949 172, 1950—9 Mos.—1949 $12,545,005 $10,442,541 $94,536,952 $90,740,696- —_ —V. bargaininng. arm's-length by at Monday, October 23, 1950 . Years Ended July 31— Net income after taxes_ "Based . . , was 515,368 256,000 Net J»uel stock, -agreement 631,478 before for Prov. Cities Service; of affiliate 1948 $2,339,466 sales Profit notification, Union Gas is not and has never been two prior purchase offers for the United to the According 1949 $3,282,851 Net Of certificates. trust share. common .an voting by Froedtert Grain 1950 $3,463,907 ,9 Months Ended Aug. 31— 90,000 such certif¬ icates, 44,940 are held by Dominion and a like number by Union Gas, the purchaser. Union Gas has offered to purchase Dominion's entire interest in United Fuel for $1,000,000, or approximately $22.25 per Shares America—Earnings— . . 1031. p. Elliott Co.—Earnings— Nine Months Ended (& Subs.)—Earnings— Co. Chemical Dow Net income Canadian and companies.— associated from Dividends Federal 394,256 11,499,856 6,053,519 income I*et — dividends-- stock Preferred to common stock stock outstanding applicable Income of .Shares common JSarnings for Federal taxes on except that no provision •The provision in xiow effect, taxes.—V. profits excess 172, has per V. 172, been possible for made Net Common New the company close has 18. been ■of 17,938 There stockholders of as Sept. . the holders of common one and share preferred stock as the third-quarter period of 1950 ended. figures include 6,685 holders of more than one kind of -of Diamond Alkali above.—V. Co. $2.50 convertible listing have ,$3 preferred and The Curb in 10 new cent par this of that on Aug. accordance with an the is class is exchange¬ share A Each is $2 and convertible exchangeable merged share Corp. V2 Corp. corporation. removed the Equity The stock corporation for and exchangeable issues, at the Curb 10 cent par series 172, and one each Utility Holding tribution for change •of "new" ferred tiave Company each share of Holders requested a its of stock common stock. been Act 169/1000ths of that announced in the of Oct. of 1935, share of $1 18 $1 convertible par convertible par par pre¬ preferred, $2 present which provides common common stock and Canada, Boston, Co., Eastern Utilities Associates 1 Period End. Aug. 31—. Operating ■Gross after Net , profit —V. Joseph Total Sept. to / Family Finance Corp.—Stock Sold—The 200,000 shares common stock (par $1), which were publicly offered on Oct. 9 at $14.87% per share, by Merrill Lynch, Pierce, 450,319 $141,659 Income... Net G. & $157,501 $2,090,649 443,932 $1,887,502 141,517 77.652 29,089 26,440 Applicable to E. U. $1,920,043 A SEc covering $1,783,410 Non-subsidiary Other income 344,679 income I. 14,394 be $2,279,116 Expenses, taxes and interest z ^ —_ $2,046,760 194,697 12 Months Ended Aug. 31— income 1950 Total $1,725,576 181,429 150.295 Interest- Net —V. income 1950 sales had to The Net income for Federal taxes..——. income p. 7,673,613 also expired been preferred $100, par exchange issued stock, 6% June at with 5% cumulative stock common stock, on 1950, $100, 2.238 the stock shares of proceeds and for 6% preferred stock remaining outstanding on Sept. 30, 1950 at $105 per share at Washington, D. C.—V. 172, p. 663. Financial Industrial corporation class of close covering 16 filed shares 2,300,000 registration a of capital The the payment) investment investment certificates. Investment —V. 172, 5% being called the for company's Service Corp. of offering will $3.58 The for with handled and on Oct. 17 applied Operating revenues Cross income before Fed¬ eral ____ income tax_; Income income Net tax for its The issued would be be payable May to rates, 1950, the not and Del. July $3,500,000; May, 1951, exceed 31, raise half 1951, January, The and Fort 9 1950—12 Mos.—1949 $33,363,718 $26,588,593 512,347 9,480.784 9,345,468 233,379 29,333 2,983,419 1.462,570 1,916,086 income—_______ Balance divs, stock $589,149 $249,635 $5,034,795 78,073 34,479 760,025 for and 172, p, $5,122,026 $2- 'notes at the 2Vhf*, for the January, participation would Sept. 30— bonds fund 1344. $4,274,770 including Sept. 1,„ 1960; there¬ in each case with accrued the at per "Included common share, leased July common in 1948, the when 413,750 tProfit $4,708,276 is in not the $1,337,905 323.906 shares common Aug. on shares 31, t31.20 Mill. This company's source of totaling $4.13 operation affiliate, to sales the cents trade discontinued was The 46 Southern accrued in. the company's affiliate, reflected per in share approximates 60 cents the company earnings in the at in Paperboard books stated of The Southern $2.60 the for 1949 account, abo\e—V. 172, each and p. is 291. This Wa>ne profit not included . the at debentures oi at the up to rate" the to up thereafter rate of the close 1956. EFFECT debentures fund NEW TO FINANCING Outstanding $2,500,000 $2,500,000 value) par 1,000.000 shs. 400.000 shs. 400.000 shs. net for recent operations of the company, to payment as the same become callable, outstanding first mortgage sinking the for calling and $330,900 corporate purposes. general (& Subs.)— Earnings1950 July 31— income Federal current 1949 sales__ $19,799,487 $17,111,004 516,457 695,325 (net)__ 250,242 189,500 $326,957 70.588 70,588 $6.31 $4.63 taxes income Federal taxes— $445,083 before shares Earnings per outstanding— $47.24 $40.93 In of worth share. per the At _ __________ share— common NOTES—Net _______— at company July 31, 1950, was $3,334,634 worth was $2,889,551 or July 31, 1949, net share per the sold $1,250,000 15-year 4% sinking part of the bank borrowings with sale, working capital at July 31, 1950, was $3,453,240. Working capital at July 31, 1949, before the debentures were issued, was $1,878,444.—V. 171, p. 695. February, 1950. company thereby replacing Reflecting this debentures, debt. t Gillette Safety Razor Co. Profit from operations income Earnings Earnings 820,405 945,239 10,531,832 9,061,243 1,671,703 1,762,848 $11,446,825 $9,319,029 taxes—___—___ income unrealized foreign earnings— - - per share per 1949 $24,470,763 $21,088,359 — domestic V . 1950 l and ■ (& Subs.)—Earnings— 9 Months Ended Sent. 30— common stock preference of NOTE—Earnings additional in the U. rate $40.67 $5.20 share__-_—_—_________ the at the nine months ended Sept. 30, income taxe!s of $554,000 representing S. for income of accordance w'th $33.11 $4.13 the tax 42% to Revenue Act retroactive of 1950. taxes increase an Jan. to 1949 reflect 1950 1, 1950 in provided were then-going United States rate of 38%. Plans held Two-for-One direc'ors Stock Split— the Oct. be voted stock common and 18 be chahged on split two-for-one, directors voted Dec. 6, 1950 Subject to receipt ruling to as asked increase value the to to it will so Mr. split, the of The 30. of Spang new tax recommend from was no the to stockholders value par announced to P. J. by b° $1 par Spang, stated d'rcctors sto k on recor-* 1950—V. to Jr., p. that 50 291. to the of be no par shares value. provisions proportionate favorable a will incorporation 5,562.538 of of voting of The the and $1 of to par stock¬ preference- liquidation stock. fhe 172, to stockholders split, certificate shares amend the Department proposed stock 2,781,269 if proposed a the of meeting proposals. company's asked stockholders' Treasury common preference special the the status the maintain to the a consider from present also as the to authorized the call to amend the from holders stock Paperboard Fort period. at pre¬ debentures of thereafter of income rights during 1950 period share, as against holder unless debentures and $100 per GIVING presently and material. raw the 1956, $100 per 1952; $100 per 1954; 31, shares obtained Common be City the t$1.94 of 31, proceeds from the sale of the debentures will repayment of bank loans in the approximate amount for current Prov. 323,906 earnings are earnings from jute paperboard resulting Hartford $389,914 share- 1948 option Aug. on sales, including leased departments' Income "1948 323,906 outstanding common $215,156 ($1 the the of The 1949 $628,915 shares common past President. 1950 earnings of Corp.. $511,076 "A" Aug. 31, Aug. the for all value Corrugated Paper Co.—Earnings— Corp.. became its main common surplus— Wayne Months Ended Earnings 2,307,356 143,000 Net No. the preferred class 1435 p. the company of would 1951 $1,500,000. borrowings, corporation said 172, to first the 1,000,000 shs. $1,000,000 through Commission the for before November to The banks.—V. 1950 or and for but borrowings nine on November, 1951, $3,000,000 going in program interest at .2'A% and offered tc follows; as March, bear March construction notes, appropriate (& Subs.)—Earns. 199,794 . Dividend requirements for —V. $2,149,273 and business of business on Provision against Power during of to maturity; : for provide The 931,943 deductions Federal $3,153,429 option the Wilmington the Federal to of as redemption. "A" of Net 000.000; 1232. 1950—Month—1949 the at convertible common shares Depreciatio corporation been drilled. be paid and non-assessable class "A" common stock of the company, as presently constituted, common on used that Period End. Aug. 31 "A" be (fully- 663. p. authority to issue $10,000,000 in promissory notes in order be Oct. 12 filed a letter of notification with the SEC covering 8,461 shares of common stock (par $2.50), to be offered ■at $13 per share, without underwriting. The proceeds are to be used on (Delaware) 14 PROCEEDS—The systematic cumulative be Colo., Denver, 3,000 600 has to capital Authorized of it sites working write-offs and taxes to up for be convertible sink, fund statement stock, and and well and according to the prospectus, equal Interest requirements have been earned prior close CAPITALIZATION Foreign funds El Paso Natural Gas Co. adidtional reserves bases; of "A" business 102 capital business class of general Fund, Inc., Denver, Colo.—Files— Oct. on certificates, " p. oil before fixed will of c-iose longer-term 1,789,942 $5.81 172, the rate 12 or was over¬ into lully following the of $6,404,603 1,789,942 1130. working capital.—V. in the 10 producers, proven 3o to redeemable at the to up the purposes. redemption heavily was S100, par Florida Power Corp.—Seeks Bank Loans— $10,413,817 company interest, $6,782,953, redeemed date debentures Net 22, preferred con¬ at in part, or for sinking fund purposes, on not prior notice, at 103 up to and including Sept, days' if the to to 1950. par B. 6% of preferred 30, Sept. series shares together for on unexchanged 5,823 3,942,26s Ekco Products Co.—Files With SEC— lor A, in which retire office in 1951. The series basis issued year 10,346,871 taxes profit 172, 1949 18,087,430 Capital shares outstanding learnings per share —V. this paid) ___$107,283,068 $79,173,514 before Provision and 4Vz % or Corp.—Financing—Redemp¬ (periodic (& Subs.)—Earnings— 9 Months Ended Sept. 30— arc 20 times are Gilchrist Co. Services Finance stock, There used SEC Profit $50) ipar 752. 172, p. Eaton Manufacturing Co. Net stock Debentures — < 30 time shares the units of offer an The . preferred with buy alternative $1,560,381 _ 4'/a whole in 101 Class notification 14.899 $1,722,004 ; 5lh% of of 8,600 in company earlier under 1949 $1,916,701 income, incl. taxes The any Net The corporate 13,268 from of Year Ended preferred 165,195 $1,881,566 (Earnings of Holding Association Only) Deductions letter a Ltd. $2,500,000 Princess. at wells are including thereafter at interest tion— 263,350 _ $2,084,419 _____ 2 filed 6 shares to cumulative Balance 4,300 covering issued holders an Total Oct. on shares of class A common stock (par $10), one preferred shaie and one warrant entitling two shares of common stock. The price per unit is $56.50. The proceeds are to be used for corporate purposes. No underwriting is involved—V. 171, p. 103. to Federal — of Ordinary Eastern Utilities Associates— learnings of subs, (as above) than 1955; $1,783,410 $1,920,043 ... 1 20 debentures time, Farrington Mfg. Co.—Files With SEC— the Co E. Canada, issue accrued computed at are Common company Fed¬ years. 4 '/a% requirements—Blackstone V. Applicable to minority interest and there assets average Fenner & Beane and G. H. Walker & Co. and associates, For offering, see V. 172, p. 1435. warrants •Preferred dividends of new and Lake net 1 three on of by backlog of orders have shown substantial $2,-713 per $1,000 debenture- an 2,331,434 2,540,968 26,398 $808,220 2584. months after During this vacation shutdowns. 1233. p. 100 that up The 35,944 $1,008,826 ______________ 170, p. affected three income share. a At gross income 350,000 was the net per drilling con¬ and more recently in the production of crude oil as well. major drilling contractor in the West, operating 13 drilling rigs. The corporation owns varying interests in over 50 productive oil wells, 12 in Redwater. 20 in Joseph Lake, 16 in Lloydminster, 2 in 1,158,220 411,000 . company and cents 47 have all been sold. (& Subs.)—Earnings— 193,899 177,603 taxes. from taxes at viously ree'eemed, 1950—Month—1949 1950—12 Mos.—1949 $1,374,194 $1,214,859 $16,386,490 $15,683,840 revenues inc. Deductions 1,419,826 taxes income to The Old Colony to Mass., for 1949 to for report $5,548,139 tractors It Is after $5,901,588 of BUSINESS—General Petroleums, and independent Canadian company, has been active in Western Canada since 1941, lirst as 1, $6,374,623 gross— before income Provision six shares receive in exchange therefor the "new" common stock as provided for in the plan. The 4V2% prior preference stock has been reclassified on a sharefor-share basis into 4 VS'fc cumulative preferred stock.—V. 172, p. 476. Trust sales, Profit for the dis¬ stock in ex¬ exchange lor each share of its 6%. pre"old" common and 6% preferred stocks to surrender their certificates Metal sales subscribed. The 1930 Nil sinking fund debentures dated Sept. 1, 1950 and Sept. 1, 1965, which was recently offered by an un¬ derwriting group headed by Milner, Ross & Co. of To¬ ronto, Canada, and Hall Securities Ltd. of Vancouver, 1031. p. "264,431 due IS. $1 subsidiaries its Petroleums estimated American 1949 $4,563,154 487.167 vertible Leduc-Woodbend the were 1950 * taxes equivalent the 172, series, following 6 Months Ended June 30— 1, "new" period first Oct. and 1950 net 12/10 on Subs.)—Earnings— $1.00 $228,357, for par, trading the common; and $1 Oct. on Corp. 579,698 $10,823,503 Federal company announces that At Corp. unlisted from Eequity dividend series.—V. General of General share, corporation. common dealings of American preferred (& 31— Oversubscribed—A merged preferred from $2.50 of shar Corp. the corporation. Falconbridge Nickel Mines Ltd.—Earnings— 1950, has been established *>y the U. S. District Court for the District of Massachusetts as the ^consummation date of the plan of recapitalization under the Public recently was of month less Consummated— Fuel Associates—Plan Eastern Gas & 31, taxes General cor¬ market Corp. merged American Exchange Corp. ferred, the preferrd of stock General share of of convertible dividend merged $330,738 share per any It after corporation ended three stock dealings to issued been Equity convertible $2 General common 172, p. 752. the share share Suspended These stock. The preferred share American common Sells Chromic Acid Business— Bee to shares to of convertible $2 30, holders 23,586 1801. terms common The stock, $3.33 shares oi for'one able 3,654 over the number of holders recorded at first half-year, June 30, 1950, and an increase 105,485 were These $2 par 1943 $78,586 423,292 , "Loss. 373.594 $1.53 of the agreement, each $3 convertible merger Equity is exchangeable for one $2 convertible pre¬ ferred share, one class A share and two common shares of the merged corporation. Each common shares of Equity is exchangeable for one the number as of Sept. 30, J 649. over 373,727 $1.02 Exchange announced that the $1 admitted changed Under preferred 122,336 Curb new were preferred of the of by owned was increase 373,959 share agreement, pursuant to which The Eequity Corp. has been merged with American General Corp. The name of the merged corporation in Number of Shareholders— an Earnings outstanding York and Oct, on Each This income 1Q48 The (E. I.) du Pont de Nemours & Co. (Inc.)—Gain Shown 1950, 1Q4Q increases.—V. common V IQ'Sf) Instrument Corp. 6 Months Ended Aug. Net sales 3,858,532 $10,606,314 $13,315,909 412,226 602,145 1,276,227 common $12,141 291. p. Equity Corp.—New Stock Listed— In Montmagny, which are dyed Canada Ltd. operates a weaving plant fabrics of rayon, acetate and nylon at Valleyfield, P. Q. —V. 172, p. 1344. of per taxes totaled 1950, Equipment Co.—Earnings- taxes & 1949 463,928 General preferred dividend requirements.—V. 170, p. poration producing 30, eral "After corporation on Oct. 14 announced that the name of its Canadian subsidiary has been changed to Duplan of Canada Ltd. It was formerly the M. E. Binz Co., Ltd. The name of the dyeing ,and finishing division has been changed to Duplan Dyeing Co. Ltd. from the Valley Dyeing & Finishing Co. Ltd. finished & ( 1950 . of orders on Sept. Sept. 30— after shares "Earnings The Q„ backlog sales income The Duplan chgs. Tonnage —V. 172, Net common P. $6.47 — dividends. Nine Mos. Ended Duplan Corp.—Units Change Name— ^nd share— company's Emsco Derrick 1435. p. 364,285 outstanding $20,400,000.—V. 172, p. 291. corporation is requesting its stockholders by letter to exchange their $1 par class A stock for new common stock on a share for share basis. At the same time stockholders will be offered the right to subscribe to additional shares of new common stock at 40 cents also Gauley Mountain Coal Co.—Earnings— 9 Months Ended Sept. 30— Net profit after all 5,130,382 Drayer-Hanson, Inc.—Exchange Offer—Rights— See 2,527,993 $2.65 — ^ The share. 1949 1,254,642 434,427 _ common preferred Net ■per 1950 $20,157,589 $19,914,421 taxes shares "After 935. p. after NOTE—The $1.90 $1.04 income reflects the higher rates share common per Sept. 30— billed— "Earnings 3,749,266 5,957,148 625,000 5,332,148 *9.864,670 1^894,112 — profit Common 0 taxes. sales Net $47,557^730 the stockholders to cent establish quarterly special voted the in initial favor of dividend - the rate basis. stockholders' meeting will be Oct. Number 4953 Volume 172 . . Hotel St. George Glidden Co., Cleveland, Ohio—Expansion— President, announces that an additional 20,000 square feet ol olfice and warehouse space has been purchased by this company from Climax Industries, Inc. 'Dwight Joyce, additional office, shipping and ware¬ by an increasing volume of business company's Faint and Varnish Division. The the Alexander Glidden The in made D. extensive putting into Justice, H. St. corporation Oct. 9 filed on of shares 300,000 Basin Juan San sizable of a Mexico, New its outstanding $100 substantial block of acreage in the which will furnish the company with Sales Up area Total operating Profit before Federal & Manhattan RR.—Earnings— —V. 1950 1949 $848,228 680,881 696,452 $167,347 4,308 $57,543 7,233 $171,655 $64,776 129,691 from The Federal the by the income > charges '•'$65,044 ; approximately 4,800 acres, completed a requirements. "As be preliminary —V. in 171, the drilling the for calls program Mr. of wells." additional 14 "Net SEC Oct. on : tExclusive - interest of income adjustment on The for bonds.— per stock The The of stockholders $100 will Oct. on preferred par sold be to will stock, be the approved which of Life Mutual Penn proceeds 6 used 16,000 Insurance redeem to 50,000 shares of 4% Nov. on 15 of all the price to other of corporate warehouse a office and V. See purposes. 172, building other for and is offered be to sale for not to the extent dividends accrued The preferred 11,026 shares of new quarter ending the for Dec. 31, company's corporation Oct. on Nov. 16 of will days will it that announced redeemed be to prior redeem on $8.80 at per The Oct. on 16 company there¬ loans treasury Nov. cn 1950.—V. 6, 172, 16, The net to be will be used for general corporate stock sale the proceeds of and the financing of a port.on of the requirements. The construction program for purposes estimated at in 1950, v/iiicn of $72,185,500, expended $25,385,500 in company's construction the is company reported 1950, to stockholders stock preferred $2,000,COO construction $50), (par program.—V. 170, the issuance and sale of proceeds to be used for its the 30 Sept. on Mutual Northwestern V. 166, Privately—The 0.000 from the Life Insurance Co. and $600,000 172, & S. A.—V. 196. p. 172, author¬ granted temporary 9 and 936. p. corporation covering cflered ; Oct. on filed 4 shares 300,000 $1 per at of letter of stock a common Fla.—Files— Industrial 1950 1949 1948 1947 profit $2.26 share— per $1.81 $1.53 $1.48 taxes. "After Inc. before Fed. income inc. Net dividend extra an Hearn Department Stores, Inc.—Borrows From to order In 1950—9 Mos. provide funds for the modernization of its $9,282,631 each shares seven Philadelphia for subscribed of proposes by $5.54 $4.06 Deprec. & amortiz. of plant & equipment— 407,796 375,906 1,152,026 shares. 1,674,301 on 195t) enacted (Walter E.) 9 Mos. End. Sept. profit based are Sept. Federal tEstimated provisions the on 1950.—V. 23, 172, p. tEarns. charges -After V. 172, 1948 p. and $463,380 328,441 the of $1.44 $0.99 taxes. tAfter The The V. at Payment William $51 directors declared have stockholders to 1 Investors Total of Director— a this of a record Fund $13,542,167 to Diversified Investors extra dividend year-end Nov. as of at July Services investment and 15, This 172, of p. by 18-inch Trust Co., 22 172, p. line. 753. stock, will not be used to by 8x aktfl* f maturity. has will construction the begun which increase of a company's the fourth steel than 100,000 tons to 425,000 tons annually, hearth- opt 1 .apaelty ingot it was i uiouneed The new furnace, to be complex d v/ithia will cost in excess of $1,500,00) — V. 171^ of the next year, King-Seeley Corp.—To Redeem Preferred— directors The of manager Oct. 13, 1950, 10, $17,000,000 were $16,841,308 Minneapolis is the principal Fund.—V. 172, p. 381. dis¬ of the a to call for redemption to up Nov. 1, Dt.. on preferred stock may be converted into share of Each share-for-share com ; : nexi„ 50 on per stogk, 1950. 28, the original Febri-try, 1945, issue of 100,000 shares of preferred stock. The balance have alrea-dr been converted into common or retired under the sinking fund pro¬ There 1950. decided have 5,% preferred stock (par $20) at dividend accumulation of 17 cents per share. outstanding the of visions Stock— outstanding are the of issue.—V. 18,035 172, p. shares of 477. par Knickerbocker Fund—Assets Show Jantzen Karl to Stock Dividend— Knitting Mills, Inc.—20% serve any D. company payable lieu Oct. on Nov. fractional of 4 declared a 20% 1 to holders record Oct. shares.—V. 170, p. 1915. dividend on the common 15. Scrip will be issued Pettit, $13,560,000, marekt the payable Piesident, from last year $7,499,865, an to Oct. 7, 1950. Nov. to 2C of this year.—V. 172, far that this Fund has advanc. 1 increase of 81% from the low >.t announces of 16 cents per share has been declare (, stockholders of record Oct. 31, 1950. Th> .» eight cents each have already been paid ..-J distribution yeav-end dividends quarterly The Johns-Manville (& Subs.)—Earnings— Corp. Period End. Sept. 30— 1950—3 Mos.—1949 $ expenses— and $ 55,299,162 sales & Period End. Oct. 7— 1950—9 Mos.—1949 p. 1245. 143,792,739 119,313,554 34,041,459 110,282,868 97,339,606 1,343,564 3,080,145 Net 5,725,453 earnings 4,667,427 dividends Common 64,363 dividends — 1,892,904 1,164,238 The 5,072,505 12,611,226 3,855,040 7,685,881 15,826,140 37 5,337,117 ended of new per com, "Incl. U. adian S. inc. 10,488,986 6,750,839 $1.81 $1.58 $5.07 $3.52 number of stores in operation during was 2,075 compared with 2,338 in p. 1136. 1950 United Langendorf of 5,011,303 2,251.339 Canadian exchange in 9,562,775 5,561,433 the four wet * the same peri Bakeries, Inc.—Earnings53 Wks. End. July 1,'50 sales before Profit Federal Federal income income taxes : taxes -— Can¬ taxes rate 1950—40 Wks.—194F 172, 3,489,088 effect at date of issuing this report had been in effect on Sept. 30, the 1950 earnings would have been higher by approximately $260,000.—V. 172, p. 292. NOTE—If 7, 193,100 3,438,826 share. and average Oct. 1949.—V. 10,433.027 3,832,549 surplus 14%— 1950—4 Wks.—1949 $67,213,439 $59,114,776 $644,972,727 $616,956,0 Sales $ $ 43,132,595 31.228,333 2,196,931 6,148,445 depletion etc., taxes- Preferred Gain of 81%— a A Earns, 1 Co.—To Increase Capacity— They issue entire 752. Net Power transmission not to- sinking fund bonds, series Ay. 100 and ac¬ the retire E. Sommer, President. by R. all wholly-owned subsidiary of Atlantic Utilities, Ltd., Royal Securities Corp., Ltd., Mon¬ cumulative redeemable preferred $10. The proceeds will be used for plant extensions. company, "Income, Commission on Oct. 11 authorized this company to construct pipeline facilities designed to increase natural gas de¬ liveries into the company's Fink Storage Aroo in L^wis County, W. Va. The facilities, estimated to cost $790,000, include 19V2 miles of markets.—V. will fund company furnace more 10 cents 1436. Sept., 1950, sold at par through treal, Canada, $400,000 of 4!/2% in Deprec, Preferred Stock— called for redemption on Nov. 15, 1950, all of outstanding shares of series B 4V2% cumulative preferred per share plus accrued dividends of S6lA cents per share. Federal this Keystone Steel & Wire Co.—To Expand— share, both payable 1950.—V. Telephone Co., Ltd.—Sells Preference Island Costs Hope Natural Gas at 1345. p. the course Fund, Inc.—Assets Nearly Stock assets compared Balance, The sinking share, plus Net will be made at the City Bank Farmers St., New York 15, N. Y.—V. 172, p. 753. 8 stock interest, have all been sold by Bioren & Co., Phil¬ 172, taxes on income Act of 1950 corporation has 253,742 stock that they had decided time.—V. 172, p. 664. announced Sept. on company's 1965, which were offered on Oct. 4 at The share and a quarterly dividend of 25 cents per per dividends.- 1032. Hershey Chocolate Corp.—Calls This the preferred ; r;L-J iJLISWH Revenue Declared— 323.441 Federal "v, first mortgage 4% or crued 1947 $613,085 $1.82 com. 2 Kroger Co.—Current Sales Up 1949 $590,080 328,441 $1.37 share per share common ,.Euff P. Barry, partner of Shields & Co., has been elected a . in 1950 361,286 $1.49 .__ director. The Bankers Securities Corp. shares of preferred stock not 170, p. 2025. $801,318 30— paid Key West Propane Gas Corp.—Bonds Sold—The $125,due 291. System—Barry Motor Freight Interstate common. shares outstdg. Common 19,829 37,809 $1.63 paid— stores and Heller & Co.—Earnings- ;a_ $312,883 18,513 67,200 ___ directors the steel stock, "Net 206,249 taxes 1,091,793 to purchase ail stockholders/—V. $10,543,153 519,123 220,885 $360,036 income $6,792 320 $0.96 repay for 580,921 State adelphia, Pa., without the benefit of a selling group. $1,607,000 pel' com. tributor preferred stock with a par value of $25 per share. This stock, after registration under the Securities Act of 1933, will be offered to the shareholders of the company in a ratio of one share of preferred of 1949 County Land Co.—Not to Split Stock— Kern The -1949 $2,437,000 $16,322,631 $10,902,320 830,000 7,040,000 4,110,000 2,245,000 (est.)— , T\ ) 170, P. 1915. 000 $5,162,777 $1.74 Bank— certain borrowings, this corporation has arranged for a $2,000,000 teirn loan from The First National Bank of Boston and, to raise another $1,000,000 has called a meeting of stockholders to authorize an issue of 40,000 shares of 5% cumulative convertible to . 1950 profit per split $2,917,777 as To Offer Preferred to Common Stockholders— ' taxes_ and dividends com¬ taxes __________ taxes the expand SI of income Federal Common -v. share. pershare to accompany ihe next regular quarterly dividend of 50 cents payable in December of this year, This will bring the dividends to be paid during this calendar year to $3.50 per share.—V. 172, p. 844. voted have 1136. p. Preferred dividends notification with the 10 cents) to be 195G—3 Mos.—1949 income Net "Earns, Dec. diiectors The 172, Subs.)—Earnings— (& Corp. Rayon Period End. Sept. 30— -'Based Co.—Earnings Continue to Gain Hammond Instrument • $125,053 income from Australia* $10,061,841 before for Prov. (par proceeds will be used to ieduce liabilities and pany's roof proofing and industrial coatings plant. Extra Dividend 6 Mos. End. June 30— __ figures do not include any sales Profit P. "Net 1.7,082 89,843 $327,095 taxes Year Ended June 30— Bliedung of Washington, D. C. share through Carl J. The lor for C49. p. Oct. on acquire to Industrial Coatings, Inc., Opa-Locka, b redemption on Nov. 1, 1950, all of its outstanding shares cf 5% cumulative preferred stock at $105 pershare plus accrued dividends of $1.25 per .'hare. Payment will be made at the office of the company, 623 Kansas Ave,, Topeka, Kan.-— has called company 130,052 255,400 < ____ Canadian and above Earnings SEC Lithographing Co.—Calls Freferred Stock— Hall This Commission company Placed borrowed Bank of America N. T. from $341,973 2,111 - •: England.—V. or Gross this to cilities.—V. on Co.—Loans Stores Bros. 1 income Net Co., Inc.- -Acquisitions Author- operate the facilities of three companies—Eastern Indiana Gas Co. and Summit Gas & Water Co., Inc., both of Indianapolis, Ind., and Knightstown Natural Gas Co. of Knightstown, Ind. Indiana Gas will pay $300,000 for these fa¬ tFed. Hale 38,074* 2226. p. Water & Federal Power ization underwriters.—V. 172, p. 1233. company 1949 $303,901 Kelling Nut Co.—Earnings— Gas Indiana The 1950— preferred stock (par $1001 will be received by the company at the office of The Chase National Bank of the City of New York, 11 Broad Street, Room 735, New York, N. Y., at 11 a.m. (E3Ti on Nov. 21, 1950. A special meeting of common and preferred stockholders has been called for Nov. 20 to vote o.i the new iisue of preferred stock. The company will receive bids on the new stock on Nov. 21, and will hold an information meeting in New York on Nov. 14 with pro¬ spective 1950 $683,870 , income gross Provision for Federal planning be to 1952. in purchase of 70.000 shares ol the lor , $714,658 '. operations Depreciation NOTE—The years 1950-52 "is $23,900,000 will be approximately 1951, and $17,900,000 Bids for Preferred Stock Nov. 21, Bids ' INCOME ACCOUNT T Interest 1436. p. | wholly owned subsidiary companies) 30,788 from income income Illinois Commercial Telephone Co.—Plans Financing— The Oct. 17 filed a reg'.strition statement with the shares of preferred stock, $100 par. offered for public sile at competitive bidding. on 70,000 is stock in finance, It is through or special dividend of 10 cents a the common stock, payable Nov. on record The Utilities Co.—Registers With SEC— States covering The to share. date, redemption the ized— SEC for used Quarter Ended Sept. 30— Gross Other Total diiectors also declared share per 10 i th» be program corporate purposes, (Including 1950. 11, The stock The until convertible the shares of 1950, for expenditures in connection with, and to provide for the payment of $500,000, of bank incurred for such purposes.—V. 172, p. 1345. Gulf - part, for the years 1950-1952, and the application states.—V. 172, p. 1437. would issuance effect to preferred not exchanged. The proceeds from the sale of the additional 40,000 shares will be used to finance construction additions and betterments, to reim¬ Ihe the construction Common— on 22, 1950, all of its outstanding 6%■ cumulative convertible pre¬ stock, $8 par value, of which approximately 122,000 shares are outstanding. old burse stock. from 1436. p. ferred exchanges,' together with treasury funds required,, will be used to redeem, at $105 per share and required are 1950 to invite bids Kansas Gas sairi 9, Nov. bids CONSOLIDATED subject competitive bidding, at of sucn of the the sale from Proceeds as about or on providing the company with the highest stock and the lowest annual cost of money the common preferred for construction of preferred 45,000 shares proposes accept the for the company's general to the Federal Power Commission, competitive bidding 75,000 shares stock, $100 par valuo applied sell at 12 and and purchase of the common and preferred stock. Proceeds 14,840 issue company expects for Co. Oct. on to stock share. The for the it shares preferred creation company outstanding shares of $2.25 cumulative preferred stock and the balance Nov. to exchange offer. such to shares are 11,026 shares, these outstanding. tBased on 700,000 shares charges and taxes. $2.77 $3.52 $0.29 $0.34 share. com. all common per Stock—Special Dividend be offered in exchange for a like number of outstanding shares of $6 preferred stock, on the basis of one share of new preferred plus cash (amount unspecified) for each share of old preferred. Of 1950—Month—1949 1950—12 Mos.—1949 $1,168,587 $1,132,586 $13,642,551 $13,055,035 266,612 242,664 2,929,861 2,457,358 _L_ „ authority of Refrigerator Co.—To Place Stock Privately Hussmann with the 13 ' Electric Co.—Earnings— 31— (Julius) Kayser & Co.—Earnings— filed a regi tration statement covering 51,026 shares of preferred stock, $100 par. company 682,222 - revenues Hytron Radio & Electronics Corp.—Calls 6% Preferred Co.—Registers With SEC— Gulf Power The $4,617,108 700,000 requirements income "After 2097. p. $4,455,413 —1 dividend Operating 1233. p. The will the Hale said, "Great Lakes development of the property and purchase," this of immediately active 172. " result a : deficit. "Net well gas income Kansas Gas & which is on that flowed considerably in excess of 2,000,000 cubic ieet of natural, gas on a 24-hour test. Estimated output after shooting, Mr. Hale continued, will be in excess of 15,000,000 cubic feet per day. The gas has a high B.T.U, content and is rich in distillate with pressure far in excess of pipe line located 2,519,313 Proposed Stock Financing— income Net line gas a 3,013,999 taxes: 172, -p. 1437. tEarns. V. of consist block new construct Commission- to Power California. to area 1949 7,136,423 129,820 $41,963 Operating income Non-operating income operators. permit 1950 7,469,412 ; $753,995 Operating expenses and taxes being developed by the De'hi Oil Co., Western Natural Gas Hancock Oil Co., Southern Union Gas Co. and other large gas The El Paso Natural Gas Co. was recently granted a of A, $30,502,640 $29,362,138 revenues taxes income Preferred presently Co., all series 1950, 15, stock, preferred Kansas City Power & Light Co.—Earnings— $2,162,516 $18,585,429 $17,869,148 operating revenue. Gross second $107 per share, plus accrued dividends of 17 cents Payment will be made at the office of J. P. Morgan & Co. at 1233. p. +Income cumulative Stock— Nov. on 12 Months Ended Aug. 31— 19%— 1950—9 Mos.—1949 1950—Month—1949 Month of September— Hale, redemption Incorporated, 23 Wall St., New York 8, N. Y.—V. 172, p. 753. Net Gross for called 4% value, par share. per at has company Period End. Aug. Co.—Acquisition— acquisition, This by ,5 New $2,574,182 172, asked was Stores Corp.—September Hudson a it was announced on Oct. 16 by Charles S. Mr. Hale said, is located in an reserves, gas President. acquired has company 29,- common Great Lakes Oil & Chemical The of Saies letter of notification with the SEC stock to be offered at par (SI per share). The proceeds are to be used to pay for mining equipment, milling, exploration and development expenses. If underwriting agree¬ ment is entered into, an amendment will be filed. The Ughetta Period End. Sept. 30— —V. This the holders of 1st due Oct. 1, 1950, to restrain the company from reorganization plan approved by Supreme Court Sept. The complaint, plan was Nev.—Files— Goldfields of California, Inc., Las Vegas, covering a Johnson & Johnson—Calls Preferred Corp.—Plan Opposed— on Brooklyn, N. Y., on June 22 for the Hotel directed against the hotel and the Chase York, trustee under the first mortgage, said unconstitutional.—V. 172, p. 1345. L. Bank Howard the Glidden Co., by will bonds effect George. National the Court 4% mortgage the be ready lor occupancy weeks.—V. 172, p. 103. . . building three about in charge of the division said laboratory and equipment to supple¬ laboratories at the Cleveland plant. Federal The Vice-President purchased present new house necessary Duncan, also has its ment wilt building new facilities house in P. (1533) The Commercial and Financial Chronicle . Net profit shares Earnings per —V. - - Common outstanding common 172, p. 1234. share 52 Wks, End. June 25,'43 $37,119,200 135,560,573 2,247,439 3,036,943 857,000 766,0€9 $1,390,439 261,500 $4.64 Si,250,943 2C1,50» $4,081 _ t e The Commercial and Financial Chronicle (1534) 1950—3 Mos.—1949 1950—9 Mos.—1949 $13,342,576 $13,370,288 $32,539,207 $31,000,808 Sales Profit before inc. taxes. 4,164,239 3,775,250 8,762,803 7,711,814 1,870,000 1,475,000 3,675,000 3,025,000 prov; for Fed. inc. taxes Net profit shares outstdg. per share-'.__ Capital Earnings —V. $2,300,250 $4,686,814 950,780 $4.93 $5,087,803 950,780 $2,294,239 950,780 $2.42 - 950,780 $5.35 $2.42 Operating Gross Corp. Products sales Net Profit —' dividend for Federal for Prov, taxes income Earnings per —V. profit paid dividends Cash Common capital Earnings per —V. p. 170, outstanding .share shares common Total bef. Profit for Prov. Chemical With York—Registers SEC— The Fund Oct. on filed 18 registration a Fund shares. Inc., is sponsor, and Corporate Leaders tributor.—V. 170, p. 1803. with SEC the stockholders Baldwin vote approved the proposed merger with The stockholders of the latter are to 3 Works. Locomotive the on Oct. on proposal Oct. on 25.—V. 172, 1234. p. 3,801,466 2,864,881 $10,741,551 tax_ 1,715,000 1,040,000 4,245,000 8,355,700 3,165,000 $2,086,466 $1,824,881 $6,496,551 will authorized vote capital Nov. stock 9 on shares 2,661,465 1,327,727 2,661,465 1,327.727 share— $0.77 $1.34 $2.39 $3.82 com. first include not "Does McKesson & earnings quarter of issue proceeds of tion Consummated—The Robbins, Inc.—Loan The notes evidencing Oct. 1, 1975, and an (see V. 172, p. 475). being used to retire the company's $15,000,000 preferred stock, which was called for redemp¬ for additional working capital.—V. 172, p. 1235. are cumulative $4 Oct. on and 15, if The Logan.Clay Products (Ohio)—Bonds Co. Of¬ fered—The Ohio Company is offering, to residents of $350,000 of 12-year 5% first mortgage bonds, d&ted Oct. 1, 1950, and due Oct. 1, 1962, at 100 and ac¬ San at Francisco, Calif. —V. 170, p. filed a first prefened ($20 per share) par letter through the The Ohio at PROCEEDS—The usedi to retire net the from proceeds $318,081 of notes payable, sale the of bonds will be subscribe to The 42% company is engaged in the manufacture and sale Pursuant to an agreement of merger dated Sept. 28, 1950) Logan Clay Products Co. (incorporated Jan. 4, 1904) wa« merged wfthk and into Logan-Hocking Co. (Incorporated Sept. 8, 1950) and the* name of the continuing corporation was changed to Logan Clay Products stockholders of record Sept. 25 have been given the right or before Oct. 21 for 50,820 additional shares of ($4 per share) on the basis of one fractional shares will be issued. share for each balance used for working capital. also V. See 172, GIVING EFFECT PRESENT TO FINANCING Authorized 12-year 5% Ofet. 1, first bonds, mortgage 1962 $500,000 55,500 shs. (par $1) of "$150,000 additional honds subject to certain restrictions ' 1950—Month—1949 revenues Uncollectible oper. rev._ Operating revenues Operating expenses Operating taxes Net 25,228.6 shs. later be issued by the company, outlined in the bond indenture. operating after Net —V. 45,932 40,863 The Oct. 5 filed a letter of notification with the SEC covering 2,830 shares of common stock (no par), to be offered at $20 per share, without underwriting. The proceeds are to be used for working capital.—V. 172, p. 937™ ; • . ' ■ ,i - ■' ■' ■' »4'H ' : I ■ , -' ' V V . •* (M.) Lowenstein & Sons, Inc.—Stock Dividend— The directors have value, to holders of par Nov. The not declared 15, New quoted delivered 1950, York dividend Stock Exchange dividend unt:l 340,206 358,069 __ income $1,276,427 $12,399,645 1,100,811 10,756,819 $1,818,020 1,606,200 that 1, 15, that 15, the 1950; 1, 1950, shares). common that The 1,400.000 share.. stock be certificates 1949 ' 2306. the for Federal income Co.—Earnings— and Net 1949 $1,318,147 590,000 506,000 476,000 Common shares •Earnings "After per of the for financing, sale 1, used were added to The time Income Other sales goods from Unci, sold and retail to ' the nancing by 455 841 has 303 894 303*894 Gas to are Co., Net of per (& 170, p. departments! ______ July 29, '50 July 30, '49 $321,233,811 $308 119 119 310,815,750 $10,418,061 D/'500,89o income taxes___„_ $1(^901 086 '119J39 $9,917,166 $11 020 '''25 4ri86i000 $6,834,225 1,719,354 shares__.____ 1719354 ' share___ s? 35 W*J5 •—V, 171, p. 2401. ' $3'&' the balance $2,063,726 of loss (est. i 171, p. after charges The date 172, taxes $140 000 ' stock common Stock York (no Exchange par) Oct, on was 17 at of 50 cents, by A. G. It was completed.—V. 171, p. 2099. Morris Plan Corp. of America—Rights— . The for each Oct. to The 30 Date 11:00 at in rights The will under mailed to be (EST) cn stock common was the at Bond of $27,000,000 (EST) a.m. of first date previously the mortgage had been k* •' 4 the price of of $5 share to a of shares per number the oi primary stockholders Nov. 19, have .been shares 66% % of excess be purchased allotment. expire at 3 p.m. p. subscriptions not shares subscription on Oct. 24. sub¬ right, 1950 and will 1950. 14, quoted rights ex on 17.:—V. Oct. 172, 1235. Morrison Hotel Corp., Chicago, 111. which committee, following filed the annual election of directors held Co.—Advances proposed its on additional of to T ■ Oct. *./ record additional 389,449 for may The of given the 10c' par common $5 per share at the rate of one additional common share four shares held. In addition, stockholders are also entitled subscribe make ject stockholders common The 1438. p. opened at offices of the parent, Broadway, New York, N. Y. also The to for May to year has effected changes sinking fund on the 1'%% of 172. beginning 1, the greatest in American represent Trainor, set stockholders: common on E. an Oct. E. action on Aug. 3 to void 1949, has been formed 27, Glatt, Chairman, and.E. V.» Secretary. letter dated Sept. J. 28 B. McCahey, President, in announcing opposition to the committee action seeking a change in the company management, stated that the annual meeting will be he'.d on Oct. 26 and requested proxies to represent the stockholders at this meeting. a —V. 162, p. 3077. Na¬ Motorola, Inc.—Earnings— features of the bonds has of bonds at any one certain first amount originally lVz% p. the and 1954, increased been mortgage set. the 1.9% to sinking fund 1438. "Net advanced by one fund in the mortgage property, from 1.75%. 20— 1950—3 Mos.—1949 1950—9 Mos.—1949 $54,225,000 $18,610,610 $124,575,000 $52,903,322 income Earnings has been replacement of depreciable Period End. Sept. Sales "Ofter per 3,825.000 732,100 9,025.000 2,658.068 $0.92 $11.23 $3.32 $4.78 share__ and taxes.—V. charges 172, p. 478. , Mountain States Period End. Aug. has filed a letter of notification with the SEC shares of capital stock to be offered at -35 cents per share, without underwriting. The proceeds are to be used to explore and develop mines.—V. 172, p. 382. corporation Telegraph Co.—Earns. 1950—3 Mos.—1949 $7,162,297 $60,410,823 $54,023,645 26,145 rev._ oper. & 1950—Month—1949 $3,135,595 revenues Uncollectible Telephone 31— Operating Operating 1943 $251,129 revenues __ 24,757 $8,109,450 211.62c 202,826 $7,137,540 $60,199,202 $53,820,819 5,658,940 46,621.514 43,244.993 794,825 7,378.333 5,828.380 $822,180 $683,775 $6,199,305 $4,747,446 656,662 ____ 6,110,472 1,176,798 expenses Operating taxes 515,737 4,781.703 3,411,233 Minute Maid Groves Corp.—Pays Off Purchase Money Net Mortgage— Net corporation has utilized a $1,500,000 loan from the Prudential Insurance Co. of America, together with other funds, to pay off a $1,665,100 purchase money mortgage given to the Di Giorgio Fruit Corp. when it acquired its properties from the Di Giorgio company in December, Minute Maid 1949. Groves Maid Corp. See wholly-owned Corp. also V. is a 172, p. 1346. subsidiary of Minute operating after —V. income charges 172, p. 1137. Mullins Manufacturing 9 Months Ended _r note to on Sept. 8 authorized The Chase National The proceeds Bank, New York, due one vear income after will be used for property additions.—V. 172, p. 846. date. Net profit income Common shares per taxes__ 3,360,289 3,222,400 1,236,100 $3.45 * $2,063,989 1,236.100 outstandingshare 1,296,300 $4,269,049 common 172, p. 382. 1949 7,491,449 — Earnings —V. 1950 $42,120,826 $24,520,711 : taxes Provision'for Federal this company, a wholly-owned sub¬ sidiary of Southern Natural Gas Co., to issue a $200,000 2% unsecured SEC before Corp.—Earnings— Sept. 30— Sales The 1950 and 1668. New an Mississippi Gas Co.—Bank Loan Authorized— Corp.—Earnings 3 Months Ended Aug. 31— Net the $17 per share, less a commission Profit —V. sale and pending permanent fi¬ Utilities Associates.—V. 171, Eastern shares of of 5,000 at 297i218,033 3,446,000 Madison Square Garden Boston- temporary as company, of 3, 1950. Proceeds of the construction requirements; covering 408,000 $6,471,166 common parent Bank National First March finance to considered are The to dated used be Becker & Co. to 1701. Subs.)—Earnings— taxes common issued be to agreement will its on stock 1438. $2.48 earnings Number Earned 16 applied to the SEC for authorization to additional unsecured 2% promissory notes exceed $3,800,000. (John) Morrell & Co.—Special Offering—A special of¬ to be 165 company securities. —V. $2.59 _____ income , 31. bids The Federal application says, and arrangement witk National Bank of Minneapolis will have the notes and the First National Bank of 15% participation. 1462. p. right of debentures. increased 455 841 requirements.—V. expenses before Federal time to borrowings the 2'/4% repay advanced bids outstanding, from the $2.69 operations.— income Earnings 1, Yorfr amount not to are loan notes and p. Light been 303,894 leased a Oct. on time notes a the Co., Offerings— receiving and $6,000,000 The 89 568 52 Weeks Ended— of of New and Operating retail City Bank the in have company The In has company for Oct. new Gas Debenture The Cost National The the aggregate Gas working capital.—V. Milwaukee 455,841 (R. H.) Macy & Co., Inc. Net to in to use the balance for expansion of company's treasury for expenditures the 172, American Natural bank loan notes Mines Management, Inc.—Files With SEC— ■ for April due at parent, of and reimburse to its to $15,000,000 purpose.—V. proceeds and $842,147 share—___ dividend notes, Northwestern will from an to 89,568 outstanding preferred Commission Power promissory company under loan from The Chase National Bank of the City of York, together with a premium thereon of $32,221; the balance was $877,341 paid. common Federal has acquired the natural gas properties of Billings Rocky Mountain Gas Co., involving the distribution Billings, Mcnt., and 14 communities in the Yellowstone Basin area of South-Central Montana, and in the Big Horn Basin of northern Wyoming. The newly merged properties include 190 miles of natural gas transmission lines.—V. 172, p. 1235. outstanding New 89,568 paid dividends Nov. Priyately— The company on Sept. 29 sold to John Hancock Mutual Life Insurance Co. $2,500,000 of 3%% sinking fund de¬ bentures, dated Sept. 1, 1950, and due Sept. 1, 1965, at par and accrued interest. $905,938 Common the with statement bonds, series due Miller-Wohl Co., Inc.—Debentures Placed 1948 $1,383,341 profit dividends the 2V2 % of issued amount, the of Co. number tural 1950 $1,495,938 taxes____ stock time Preferred asked funds systems competitive bidding. intends to apply the proceeds of the bond sale, together to be received prior thereto from the sale of additional payment The income taxes___ registration a first mortgage offered be common of bonds 9 Months Ended Sept. 30— its made for this lor Provi of to are $6,000,036 shares $1.88 Earnings for the fourth quarter ended July 31, 1950, totaled $1,083,190, or 77 cents per share, as compared to $245,563, or 17 cents per share, for the corresponding quarter last year. Earnings for the third quarter ended April 30, 1950, totaled $724,250, or 52 cents.—V 171 Profft before filed 16 1 400 000 $1.78 MacAiidrews & Forbes to issuance, the company said, is to provide a part necessary to finance its 1950 construction program. The application states that the notes are strictly temporary financing and, together with $3,000,000 of notes authorized by the FPC last May, are to be refunded by permanent financing before April 1, 1951. the which $27,928,554 $24,860,322 $2,499,063 $2,630,097 profit after taxes Capital shares outstandings. bonds The 1950 Oct. on The company with Co.—Earnings— Net p* face be participation fering $20,000,000 of pay¬ 1950, in settlement of Exchange contracts made be accompanied by due-Dills; and that all on Nov. 17, 1950.—V. 172, p. 1032. M. & M. Wood Working per all of redeemed Fiscal Year Ended July 31— company covering expenses stock, record Nov. Sales Earnings common 1950, must be 11 $2,800,000 to are bank, 25% a $8,413,417 6,614,308 1137. p. facilities in fractional directs Nov. 25% of issued for Nov. after must of stock common (scrip to be said ex priov to Nov. due-bills a 1950, amounted rate, tax 1975. to able notes made The on :• Oct. on issue to their at in $12,755,419 $11,073,337 $92,825,684 $84,626,406 8,697,098 8,587,551 68,141,838 67,799,227 2,240,301 1,209,359 12,284,201 8,413,762 — charges 172, SEC ' income 1951. issue 1950—8 Mos.—1949 Michigan Consolidated Gas Co.—Registers With SEC— $1 company authority of Lorain Telephone Co.—Files With SEC— company the third quarter of income for Federal 42% Montana-Dakota Utilities Co.—Seeks Bank Loans— $12,796,282 $11,119,269 $93,165,890 $84,984,475 Operating "$350,000 may as the Montaup Electric Co.—Seeks Bank Loans— Michigan Bell Telephone Co.—Earnings— Period End. Aug. 31— ____ Outstanding of due —— Common stock The application The 1137. p. Co. CAPITALIZATION requirements. $8,426,085, equivalent, after provision for preference dividends, to $1.81 a common share. Sales during the third quarter were $60,567,000, or approximately 44% in excess of those in the similar period in 1949.— V. 172, p. 1235. The ; BUSINESS—The $2.48 and Federal income taxes. tAfter application of income tax rate retroactive to Jan. 1. ?After preferred QUARTERLY EARNINGS—Net capital. of clay products. 4,275,589 S4.48 proceeds are to reimburse the treasury for capital improvements the and t4,435.919 share common Federal after the balance for working and $ 121,372,141 11,555,833 charges dividend Gas Oct. 21— on on stock at par shares held. No common five 1949 1950 Acquisition of Natural Gas Properties— Metropolitan Brick, Inc.—Rights Expire The common National callable be "After The interest. Bank of Columbus, Ohio, is trustee. The bonds prices ranging from 105 to 100, plus accrued in¬ terest, and will also be subject to redemption through operation of the sinking fund at prices ranging from 104 to 100, plus accrued interest. wHI per 1085. Ohio only, crued Subs.)—Earnings— (& 30— shares common JEarned of of notification with the stock, 5% series, to be Guardian Securities Corp., The proceeds will be used for corporate purposes. corporation on Oct. 5 covering 1,395 shares of SEC 18 were L157. p. 20,762.781 Number Purpose Mercantile Acceptance Corp. of California—Files— offered (The) 120, income Minneapolis to 1,000,000 to of the first fixed and income obtained in part from an insur¬ April on 1950, 1, 163,271.934 "Net Wholesale Standard and Southern Acid and Sulphur Co., 172, p. 1437. man, Sachs & Co. earlier this year. the loan have a final maturity on of par 500,000 the increase to provide for a 100% stock dividend. The company states that, approved, the new stock would be distributed Nov. 22 to holders record Nov. 14.—V. 158, p. 2363. $10 from proposal a Jan. Sales $5,190,700 outstdg- shrs. per The Lincoln National Life Insurance Co.—Stock Dividend— stockholders redemption loan—V. $ tax. inc. interest rate of 2.80% The the matured company Nine Months Ended Sept, corporation, it was announced on Oct. 16, consummated the borrowing of $22,000,000 from ten institutions on Oct. 13 under loan arrangements made through Gold¬ Lima-Hamilton Corp.—Consolidation Approved— The ance Corp.—Earnings— Phosphate and Acid Works, Inc., Inc., acquired April 1, 1949.—V. American Trusteed Funds, Sales Co. is general dis¬ shares of 1,000,000 covering statement oners.- income Fed. Common New for which 5s, $1.82 1950—3 Mos.—1949 1950—9 Mos.—*1949 $5,150,972 $4,158,455 $14,767,981 $11,687,721 income Earns, Fund, 150,000 ...— share common fr. earns, Net Trust $272,674 175,000 $1.56 :« 1032. 172, p. Mathieson 1397. Lexington Monogram Realty Co., St. Louis, Mo.—Loan Refundedf Monsanto Chemical Co. $440,647 99,175 396,700 $1.10 .$499,624 247,937 396,700 $1.25' ____________ ___ $273,170 surplus. and outstanding— Period End. Sept. 30— Net $272,674 1346. p. 42,167 requirements stock common shares $16,346,617 $15,763,310 805,624 660,647 306,000 220,000 ___________ —- taxes..___——-—— $315,337 it was reported on Oct. 16, is planning the sale of equipment trust certificates on Nov. 29, next.—V. 172, company, $5,700,000 1949 1950 — before income Subs.) Domestic (& 15,759 $10,497 450,045 177,371 The Funds Balance Fink & 10,895 523,620 208,283 $30,747 stock Common Eehn 26,256 income—. Preferred 1950—12 Mos.—1949 $2,202,691 $2,069,204 $166,158 41,642 deductions Income Net $185,997 revenues after taxes__ inc. Monday, October 23, 1950 . Missouri-Kansas-Texas RR.—To Issue Equipments— (& Sub.)—Earnings— 1950—Month—1949 Period End. Aug. 31— 171, p. 753. Year Ended June 30— Service Co. Maine Public Lehigh Portland Cement Co.—Earningsperiod End. Sept. 30 . . $1.69 ii 1 5: LAI® Volume 172 Number 4953 National sales Profit Sept. 30— income taxes—.. income taxes 1948 The 200 $36,123,543 6,077,974 3,390,287 2,346,724 2,296,975 3,680,999 9yb,145 996,152 953,779 The road Earnings per —V. p. $3.36 $3.69 be order ever order the addition National Corp. above.—V. 172, to locomotives Morse National Oats Co., East St. Louis, 9 Mos. End. Sept. 30— tax * income Capital months' 87,530 outstdg. operations 1946.—V. and use of 172, $0.09 in 1946 and Oct. to paid Of Net assets the dividend equivalent stock In made as extent in the for Net such values, asset income Fedfial has elected Federal that to Oct. 14, investment income profits 30, from 1950, assets tax future As such, security interest $291,260 to of 1949.—V. profits | dividends and amounted the for in nine Period End. Oct. 7— 1950—4 Wks.—1949 Sales 662 a 634 were before.—V. year in stores operation 172, 7, 1950 compared announced that the offering of 490,000 172, registration shares of begin General for Oct. 500 and It will affiliated construction increase of there the for for will New the be 3,000 York —The the in fall of 1951. The buliders with steel with reported to trust be floors, steel i Inc.; Salomon and Bros. Hutzler net corporation 2.80% planning 500 be .1,000 172, Nov-. on proceeds first will be had from Two other and bids 101.28, The notes 5% used New Halsey, subject also for 2VaS, Stuart & Co. Inc., redemption to -of 4% the for year to June, used by amount to proceeds from 172, the company to repay borrowed from its plant property due 1980 to the Life Insurance Co. in of Byrd replacement fund the notes of of York 2% to 15, the on lecord Stock be and terminal paid Penn company's has in agreed mortgage. have severally sell to then* to .71 & Ferris The Life & Curtis Roger , Co.— Co... .71 | 4.11 4.11 — Palmer S. 1.26 Pomeroy, Schwabacher .71 Seasongood 1.01 1.25,' Sills, .26 & 1— & & Fairman Cleveland Corp. 1.26 2.52 Harris, & Inc. 1.26 4.11 2.52 j ".71'. Co Mayer—L_ Hammill & Co, Shearson, 2.90 — 1.01 y Co.— Inc. .50 . . T. M. Simon & Co.— 1.01 Starkweather & Co 1.26 Stein - 't .71 • — 2.52 Sons— .50 1.77 Stifel, Nicolaus & Co., Anderson_ 1.26 Straus Co—__ 2.52 4.11 Stroud & Company Inc. 2.90 Swiss American Corp.—— ' 1.26 ' Townsend, Dabney & & Son— -50 1.26 Co 2.52 Garrett warrant Interest No. is 172, p. mortgage Exchange of business oiy Oct. directs that 1, 27, be a Nov. the bonds be 1, "* payable office at Haupt & of railroad the in 1 J. J. E. 1950. F. quoted Hiliiard B. N. & Hutton Share Bond J. ' — Tyson Boyce—. Latshaw, t 1.01 —— & ». .50 1.01 Inc. I .50 ', .71 Harold E. Wood & Co.— .50 Wurts, Dulles ,71 2.90 .50 .50 & Co.—___ . .26 — For further, details of offering, p & Inc. Blosser——— & Uhlmann .50 — Bros. Watling, Lerchen & Co— Westheimer & Company— & Corp. inc. Paterson, & — .Johnston, Lemon & Co ,John B. Joyce and Co. Riser,' Cohn & Shumakeru * ' Co & Hayden, Stone Hill & Co.! 50-year that the bonds shall delivery in settlement 1950, must carry inter¬ 1950; to 16. 1347. Ira Ellis Indianapolis on Wednesday, Nov, dealt in "Flat," and be on close first & & Riter & Co.______ Schoellkopf, Hutton Company First - , .26 1.26 1.26 Corp Deetjen & Co._ & Co.__l_L & ,71t., Wells The Ohio Co .71 Co., Inc.- Co,—— , .50 Paine, Webber, Jackson & Co.— Estabrook Es£e *. 4.11 Newburger .26 Co. & & 1.26 .4.11 Mullaney, .62 — & r .71 .— Co. 2.52 & Co McCourtney-Breckenridge & Co. L 4.11 _ Kormendi 1 * Laird, Bissell «fc Meeds— Leo Higginson Corp Carl M. Loeb, Rhoades & .50 —_ McCarty National stockholders: to 4.15 Co. F.. Cassell offer John - Company— Clayton Securities Corp.__ future Mutual forth below 4.16% Phillips Co Chaplin Nov. 1,1950, at the rate registered bonds will be on payment the at Exchange contracts made beginning V. 172, p. 1439., see ...... , . .. f'J '» , to reduce the to finance additions Stock associated Increase That close or stock their acquisition the to ownership 46,532 shares of common sented by Gi L. Ohrstrom Oct. 19 announced that interests on management New of stock. corporation Water shares sellers The this of York 6,000 approximately of Oklahoma Gas & Electric Co.—Correction— of V. 172, under the "Oklahoma Natural the of name of Oct. IS have been Co." Sea Gas 1439. p. Service Corp. by outstanding its of the published and of the item appearing in the "Chronicle" sub-heading "Proposed Acquisitions" should part the under Rosenthal, President, with increased the Interests — Holdings— R chard L. and .' Service Corp. New York Water - be will 1438. p. and Inc. C. Robert 1943, will and said annum; New continue , notes 172, the to Co Brothers Central $12,500,000 Life Assur- Equitable set as named company 1.26 Caldwell 846. p. No. due holders ,ex-interest ,—V. of sale promissory equipment.—V. and warrant bonds, to The v Securities . the the and pursuant & Emanuel, sale 1951 except 2.90 Barth Campbell, York, Susquehanna & Western RR.—Interest per made 30, 1951, at 104.88 Redemption prices through prices declining thereafter at 100. the sinking fund range from 101.83 to 100. net Union limited underwriters 4,362,290 shi*. Sept. until at PROCEEDS—The viz.: 101.27. amount, not Brothers Burnham construction. arranged this York Co.—V. finance to of bonds mortgage Society, gold • received, were and are 156,300 shs. 8,000,000 shs. !— Ames,, Emerich & Co., Inc. Ball, Bulge & Kraus cumulative previously December . 180,000 shs. $8)__ Brothers Almstedt 9 1347. p. {■ ' 58,000,000 500,000 shs. , (par purchase, issuable .Lehman . issuance 1) Granbery, Marache & Co. * Corp., (May T < stock to ; \ .severally, the percentage set forth below opposite the name of each purchaser of such shares of the additional common stock as shall not Bethlehem. the j . 1) (par $100) series -Green, est its bid of 101.359. on due 1950, 1-— series Courts Insurance Light Co.—Notes Offered publicly offered $3,750,000 of 25-year 27/s% notes, series B, dated Oct. 1, 1950, and due Oct. 1, 1975, at 101.875% and accrued interest, to yield 2.77% to ma¬ turity. The bankers were awarded this issue on Oct. 17 — UNDERWRITERS—The 19. Interest First Boston Corp. of series agreed • 12,000,000 3.90% Despatch Greenville. Car.; floors, certificates.—V. value 4.15% par The o; $30,962,000 i — Common 1,000 are: (Sept. due 1948, Bear, Stearns & Co is equipment installments statement covering the pro¬ stock was withdrawn on Oct- 19 on of 4.40%. hoppers, Central RR., Pittsburgh & affiliated common Edison & series 1980 approx¬ * Outstanding: 26,089,000 2%% companies cost Equipment Trust Certificates— The ; FINANCING , 1) 1974 (April 1) due 1945 Detmer & Co with New Bedford Gas of series 1978 $4,000,000 preferred stock to the Equitable Life Assurance Society of the United States, the Mutual Life Insurance Co., New York Life Insurance Co, and Travelers Insurance Co., Joseph M. Bell, Jr., President of the utility company, announced on : PRESENT TO series of 1944, due (Sept. 2%'fo 3Vb% ' New mortgage bonds: 3% j 1235. p. ^First , on freight cars new American; 2,000 40-foot-6-inch box cars, 50-foot-6-inch box cars, Despatch Shops, company $100 .ance 17.—V. announced hoppers, American Car & Foundry;, 1,000 55-ton hoppers, Pullman-Standard; 1,000 70-ton self-clearing $4,800,000 of • is EFFECT GIVING Authorized New York State Electric & Gas Corp.—Preferred Stock Placed Privately—The corporation has sold Nepera Chemical Co.—Statement Withdrawn— It St., Akron 8, Ohio. CAPITALIZATION Blair, Rollins & Co. Inc.__ . Oct. President, $98,300,000. a ordered, gondolas - posed Main Division Fairbanks, or J. for holders by a warrant agent, 120 Wall St., Newat the office of the company, 47 No. 5, N. Y., "Authorized will gondolas ol ended $253,406 exercised are York RR. To Issue 1137. p. Co.; as cised at the office of 1951 self-clearing The year 1950—40 Wks.—1949 Oct. at Electro-Motive Locomotive Central gondolas 52-foot-6-inch $20,990,894 $233,591,373 $206,846,292 $24,583,997 There will In allotment to on by all war¬ desiring to sub¬ scribe for additional shares, irrespective of the number of additional shares subscribed for. Rights may be exer¬ which rants year. 1950 orders at gondolas 500 52-foot-6-inch National Tea Co.—Sales Increased 17.11%— i early the oversubscribed) bears to the total number of shares covered the the months with being 1,000 and 70-ton 1601. p. begin of practicable as -Preferred stock Inc.; be to the by of the cars 70-ton , compared 170, will to quarter Metzman, cost by 50,742 Shops, Revenue it third Gustav cars and cars appreciation Internal stockholders to Erie hoppers, to 46 units.' railroads exercised, subject (in the event is the basis that the number of shares covered by the warrants exercised by such holder diesel-electrlc affiliitcd not are issue total also is placing orders fo ranother 7,000 estimated an new cars box self-clearing is allowance no the company." on distributed are period This amounted unrealized on under » corresponding 1950. outstanding capital or $28.63 per share, the report states, tax taxed be realized. income Sept. paid 360,000 shares of on of the nearly . an , estimated cost of $38,100,000, and has in¬ work week for employees of all of its own major acquisitions 7,000 box 55-ton share. per "regulated a of which the $28.39 or coiporation relieved share per share with net assets of $10,309,305, 30, 1950. On Dec. 31, 1949, net June on been the Code ' cents per computing these net has as 15 compares $10,221,039, . of to $30.87 and reported corporation on Sept. 30, 1950, amounted to $11,market quotations as of that date and after deducting on its switchers, passenger total expected are the constructed shops, at car Deliveries this of road 130 road the and bring the Central System's cars 1,000 Lake Shares Corp.—Asset Value Increased— 113,539 based at cars Jan. 1.500 1 and repair freight and National be 1, 1945, to imately $232,200,000. 382. p. that , 1975 18,500 since six for 16. new $1.25 4 Corp.; the American Lima-Hamilton Corp. 53-hour a car This will 100,000 to first thereon taxes freight $124,830 100,000 $1.43 collected 1947, augurated 36,670 insurance applicable occupancy freight new 1947 -$161,499 5,030 $8,769 will Motors Co.; order during The New York Central System $13,799 100,000 $1.45 $65,000 1948 : $142,812 150,000 share per "Includes 1949 $230,342 $217,897 shares Earnings in 1950 $367,089 149,192 Net prof, before inc. Federal income tax Net 111.—Earnings— & warrants which orders $31,000,000. by the Central. of up and units Central placed approximately placed made new York new completed General of is switchers these New the on be diesels of had 1,255 units with a total of 1,491,100 horsepower. the Central ordered 185 units of diesel power. this year to The 110. p. the on Deliveries See Central these for units, 20 yard increased and it costing freight Earlier National Container Corp.—Sells St. Lawrence Stock— Large Orders— that units locomotives $2.15 announced 13 locomotive With .1235. Oct. on the largest locomotive is $2,049,459 outstanding share company diesel-elcctric This 1,340,828 $3,350,562 shares 172, 1949 1 (1535) New York Central RR.—Places Subs.)—Earnings 5,697,286 profit Capital (& 1950 $53,263,588 $50,382,516 for Fed. Net The Commercial and Financial Chronicle . „ before Prov. . Automotive Fibre, Inc. Nine Months Ended Net . stock were ',v Definitive Bonds Ready— repre¬ - ' New England Electric System—Units to Borrow— stockholders. Applications • -this in System the bank notes The - have SEC with filed the from has time 12 subsidiaries their bank prior time 12 bank notes; and contemplate to until Oct. persons 26, issuance 1950, to to from outstanding a total of $22,510,000 of 21, 1950, certain of the companies part or all of the notes with proceeds of permanent by financing. The additional borrowings are following companies in the amounts specified: the be to Attlc-boro Steam and Electric Co., $60,000; Beverly Gas and Electric $620,000; Central Massachusetts Electiic Co., $125,000; Gardner Electric Light Co., $50,000; The Lowell Electric Light Corp., $2,100,000; Maiden Electric Co., $450,000; Maiden and Melrose Gas Co., Light $900,000; New Power Electric & Worcester England County Co., Power Co., $8,000,000; Southern Wachusett Electric Co., $400,000; Electric tric Co., $300,000; of $1,250,000; Co., Worcester 1950, $34,912,000 Sept. that internal from Of sale securities of "NEES 1351 year and aggregated of the Suburban Elec¬ the last $25,524,000 $26,340,000. needed funds It will of in is be the from at "to the obtained either this time though even such sales are actually under way. by March 31, 1951, on the progress transportation properties. NEES intends . . negotiations NEES . SEC equity base for the that the sales of delayed, issue p. NEES and and of will such senior financing and and transportatior properties to maintain additional provided such - equity shares common market if conditions as of then to be base soon to gas PROCEEDS—To New England Power Co.—Definitive Definitive through as the practicable 172, first Bonds mortgage Realty Title Insurance Co., Newark, N. J. ■—Files With SEC—Rights to Stockholders— at ; 12 shares entire used .to New for the held. proceeds increase Jersey filed shares 125,000 share per The Oct. on stockholders of record two The and company covering $2 each p. Rosenthal; consummated was on of above will 2 be on expire added to investments. Realty Co., 250,000 owner of stock will shares will be letter capital Oct. Rights a notification (par given the the 15, of Lunt Offered—G. Oct. used on H. Walker & share of company's 145,000 fop 1950. capital - for GIVING Common stock 172, p. general corporate The company has of Trust Co., Oklahoma EFFECT TO purposes. PRESENT (par funds Provident Outstanding 300,000 shs. outstanding the new shares 3% first mort¬ Life Insurance Co., and Berkshire Life Insurance Co. proceeds of the financing will be used to retire $15,788,000 of first mortgage bonds and to reduce bank loans, The outstanding North The American Aviation, Inc.—Wages Increased— is company serves largest natural gas utility in the state and of cities, including Tulsa and Oklahoma City. the number large a A three-year agreement granting a general pay increase of 9 cents an hour, plus 5 cents an hour for certain skilled jobs, and basing wages lor the next three years on a cost of living formula, has been reached Oct, on by this corporation 11.—V. 172, p. 292. and the UAW-CIO, it announced was Proposed Acquisition— stockholders The • of $15 stock of Northern shares 175,000 The will States Power Co. stock is of to be be applied to 172, p. 1347. —V. The (Minn.)—Financing— offered the for sale company's at competitive 1947-1951 bidding. construction companies Guthrie Oct." 13 received SEC authorization to issue and sell its cumulative preferred stock, no par. company on Gas Ohio Bell Telephone Operating 31— revenues.,— oper. Crescent, revenues expenses Operating taxes - diate 14,920 32,028 176,617 $10,057,314 $83,894,521 56,688,394 New 55,581,130 at be will York —V. 1,502,650 14,106,146 The the —V. 172, p. Stock 10,960,623 $1,417,240 1,402,845 $1,484,040 $13,099,981 $10,156,834 1,469,222 12,949,083 10,150,942 "4% 1236, warrants giving the common 11 the right to subscribe on of his warrants share) for any National Chase 1025/8% Bank plus accrued of the City of at share for stockholders of record Oct. or on of 3% the rate before Oct. 30 for one 10 shares held, each 19, income payable Sept. 30,'50 taxes for Federal income prov. for Net same Sales - or 33% — $11,566,000 Oct. 1,'49 shares per — outstanding share Oct. 2.'*8 $3,938,000 $16.928,QOO 5,380,000 taxes 1,662,000 7,110,000 2,000,000 $6,186,000 915,487 $6.76 $2,276,000 915,487 $2.49 $7,818,000 contingencies profit Earnings 1949 for annum Mills—Earnings— Prov. Capital 169-71 Broadway was re¬ to Dec. 19, 1963, with the first five years and quarterly with instalments of the property Dec. per to maturity, each.—V. 156, p. 517. before Profit each subscribe at the Building, Inc. (N. Y.)—Refinances Mtge. mortgage, on Nine Months Ended— in Connection With price ($28 per additional shares covered by outstanding to The extended and Pacific common at thereafter $15,000 Offering—f-In addition to the shares covered by the addifional redemption price of full made 172, P. 329. $825,000 financed 4 operating income charges Bonds for Redemption— called for redemption on Nov. 17, 1950, all of mortgage bonds, 2%% series due 1961. Imme¬ $76,698,587 7,070,624 2,253,497 after for 220,287 $10,968,101 first payment interest $10,983,021 $10,089,342 $84,071,138 $76,918,874 has company outstanding interest Net exchange Okla. 165 Broadway Operating Operating in and to be dissolved by Oklahoma ar® Kingfisher Gas Co., Oklahoma Central The latter is a pipe-line company in Co., Calls 2%% First Mortgage 1950—8 Mos.—1949 7,297,364 rev._ stock Proceeds program. its Co.—Earnings— 1950—Month—1949 common companies. utility Co., and General Fuel Corp. This Period End. Aug. value par acquiied Utilities Gas authorized the company to issue 32,200 10 four outstanding Tbe Oct. on shares additional holder of warrants is entitled at the time of the exercise the on Co., Massachusetts Mutual Life Insurance Co., Mutual Life Insurance Co., Fidelity Mutual insurance FINANCING 350,000 shs. $10) borrowed $25,000,000 bonds from a group of seven life insurance com¬ panies, Joseph Bowes, President, announced on Oct. 18. The lending companies are New York Life Insurance Co., John Hancock Mutual Life Insurance Co., Aetna Lifegage 1438. , of & Oklahoma Natural Gas Co.—Bonds Placed Privately— 16 Ohio Edison Co.—Further Details one Bank National 111., and- The' First City, Okla.—V. 172, p. 1439. the $1),. basis shares, has agreed to subscribe to 72,500 and for any other shares not subscribed for. with the right to subscribe Nov. on for Chicago, 1137. Authorized Net New Jersey The 172, delivery in exchange for temporary bonds at The Chasa National Bank of the City of New York, 43 Exchange Place, New York, N Y and at the Continental Illinois National Bank & Trust Co. of available were Ready— bonds, series C, 23/4%, due 1979, are now for delivery in exchange for temporary bonds at The Chase National Bank, 43 Exchange Place, New York, N._ Y., and at The New England Trust Co., Boston, Mass.—V. 172, p. 1346. SEC shares.—V. Co.—Stock be CAPITALIZATION appears 1346. The Mr. purchase bonds, series due June 1, 1979, are now Definitive first moitgage 3% British materially favorable."—V. are the and reasonable a it are of some report sales maintain required gas proposes sale feasible of to for available ; and Co. the be publicly offered at $30 per share a block of 6,800 shares of $10 par value common stock which was held in the company's treas¬ ury. An additional 700 shares are being offered by the company to its employees at $28 per share. Uncollectible - Alkali Hamlin & and public. dispose of its investment in gas and transportation properties and the proceeds of such sales should be substantial although the timing for the receipts arising from such disposition cannot be definitely the of & to purchase to stated be portion subsidiaries intends to delivery by Niagara Co. year anticipated derived security issues of NEES or its subsidiaries will' be obtained from the sale of senior $75,000,000 that and quarter about or Loeb sale all »leaving major 17 Kuhn advised to the $200,000; expenditures for between on Rosenthal represented were Co;, assets of the the debts $25,000,000 sources, the which in bank 30 about Oct. —V. tc trie applications, construction subsidiaries, are estimated at $12,340,000 1952. Mr. Berkshire total, $14,455,000. AccordingNEES carried and request Dec. retirement made of . have now prior the of borrowings 1950. through the end of thereon. companies by the interested given hearing to SEC increase $14,455,000 of amount The a been requesting authorization to aggregate Co, & Negotiations with respect — 915,487 $8.53 for the nine months ended Sept. 30, 1950, were $89,959,000r greater than for same period in 1949.—V. 172, p. 937. fe The Commercial and Financial Chronicle (1536) Pacific Power & Light Co.—Offering Oversubscribed (no •—The offering of 1,078,744 shares of common stock Penton par) by an underwriting group headed by Lehman Bro¬ thers, Union Securities Corp. and Dean Witter & Co. has been oversubscribed and the subscription books closed, -it announced was Oct. 16. on The stock company $25 The on is subject shares ^Packard-Bell Co., Los Angeles, Calif.—Stock Sold—A group of underwriters, headed by Hill, Richards & Co., These products distributed are States, the "Hawaiian Islands and commencing recently in Texas, located The company's executive offices are 11 in the West The has company recently embarked upon Jts facilities on West Olympic Boulevard with the ultimate object of -centralizing in that location plant facilities sufficient to provide for approximately Its total current volume of production. As part of this concrete a at and entered steel into factory contract a building the for containing construction 50,500 of received Sales (In plant —V. 172, and the east. on will require 'additional This new machinery FINANCING-—The on The approximately $150,000 to finance the construction of the 50,500 square foot factory building -mentioned above. It is anticipated that the. cash exercised are from When that these but In its leased the are completed the company desires manufacturing operations therein and to release premises in other parts of Los Angeles and else- extent which to. this, done be can Adjusted to give effect to exercise * • will depend upon of possible military contracts warrants at .■•■v''--' trust deed tCapital stock ' (par 50 Nov. 1, 1950 The July 15, 1950 $160,058 1,200,000 shs. payment #at the request of The Prudential Insurance .1950, the. company obtained $588,000 shs. Aug. on Co. of America. commitment a made was from The 21, whichever tOn were construction Sept. 1950 8, amended to ol the articles Increase the of In¬ fective Sept. 8, 4950 'Purchase two $3.75 per shares the of holders capital share, in lieu of price of ^-SO per share. warrants mmnts of share of the ef¬ par value of gl at 87,400 shares of following underwriters severally and purchase from the selling stockholders u ^ Shares « Hill, Richards & Co. Mason Bros. H. 13,000 California Co Dempsey-Tegeler & 7,000 Co.___ Raggio, '• t- ■ '■ earlier.—V. stock common v. 171, 172, corporation authorization Co., Oct. on sell to application to The made 11 Electric Abington non-affiliated a >\ It is contemplated that Republic will distribute the Scranton stoefc stockholders, which distribution will be the subject of a the Commission. its to own future application to Republic Steel Corp.—Sells Cleveland-Cliffs Stock— Cleveland-Cliffs Iron Co. above.—V. amounts to C. v 1034. p. " . " '■"/ ' ' ' ' •; : ' ••• ■ the sale for will be used conversion and for natural to 172, improvements.—V. t. payment of bank loans, gas operation and to tetuyvesant* Peabody, ings in the Texas The account .> protection a for business in does policyholders. all six months be will year, ending sufficient current fiscal year and also announced subsidiary, Black that this Mountain 31, 'cover to that announces Oct. to first all half the cover estimated of the dividends p. $100,000 1034. Southern below.—V. Ry. Co. 140, of excess '' Operating Operating , - . ■ . ,; ■' Gas & Co.—Earnings— Operating revenues Operating revanue deductions Other (Incl. $4,987,488 Gross Corp., had become sole operating in Ken¬ tucky and Virginia, through Black Mountain's acquisition in September one-third ■ 112, p. interest ; by the deductions preferred on 746,075 Interlake Iron Corp. . . -Y '■ yV 21,228,002 22,318,953 425,374 1,098,322 22,744;327 22,326,324 7,959,154 Balance applicable Earnings per —V. 172, p. to $2,727,911 stock common share common (EST) trust on Oct. 31, certificates, ^Tov. 1, Co., 765,305 6,352,124 15,014,661 305 6,360,246 6,621,146 6,610,941 1950, series receive "E," due tenders 1952, 1950, at a price not exceeding $100,000, the deductions income stock of for par sum now payable to the 40-year sale until v, 1,046,598 per NOTE—As the was guaranteed gold and delivery as the to of extent Revenue From this the new Southeast a Y 19. 665. p. Act line of The of agri¬ Rochester Telephone Corp. other chemicals crops and for on use on livestock. group of business men sponsored by the Montgomery Chamber of Commerce, and is being leased to the company.—V. 172, p. 938. as $11.50 stockholders were to passed vote and of $900,000 in September, 1950, have under 1950, earnings for reduced $983,963, been 1318. Oct. one-half will be construction required from proposals to increase the change the par value of the on 10,000 $20 par shares at $25 per share at which .price the of record of Oct. one stock at 20, share not 1950 less shall each for than have four $25 per credit, p. livestock and fidelity and share of to held; and to / . ^ See sell sources. of approximately 2,300 central 42 offices enable 31, Aug. 1950 CAPITALIZATION The Trust Co. bonds, of Chicago which has matured of Aug. as GIVING TO EFFECT PRESENT FINANCING mortgage bonds 2%% 4% series due A, 1981 1, $6,238,000 $6,238,000 sinking fund debentures due Dec. 1, First 8,500,000 cumulative stock preferred 27,174 shs. series A stock "Said of bonds authorizes $500,000 of unlimited is subject to to purchase in without addition to principal restrictions the the conditions $6,238,000 amount, their but in named in company, said below the the exercise Boston of Securities Barney & Co.— D. B. Co. % 22 Corp Smith, & re¬ 2^2% issuance is have severally percentage not issued are warrants: Corp Union White, Weld or of mortgage. respective below, the shares of new common stock which First 625,000 shs. The issuance of further contained underwriters from shs. issuance indicated above. as to and UNDERWRITERS—The agreed set forth the bonds as conditions 80*0,000 value) par Y. • 22,826 shs. ($100 par value) ($10 mortgage strictions 8,500,000 ' ($100 value) par 4V2% Confmon & Outstanding ^Unlimited April 7V2 7V2 — Merrill IVz Bonbright Lynch, & Fenner Pierce, 1 V/zft Beane Stone & Webster Securities IVx Corp. F. S. & Co; Moseley 5 1V2 Tucker, Co IV2 Sage, Inc.— 3 Kidder, Peabody & Co 7V2 Lee Higginson Corp.—— Little & Hopkins, Inc 3 2 Co. Goldman, — Sachs & „ ' Anthony & Co Rutty & Co., 5 also except V. 172, COMPARATIVE STATEMENT OF EARNINGS Period End. Aug. 31— Operating oper. 1950—Month—1949 1950—8 Mos.—1949 $1,040,021 rev._ $927,963 $7,948,849 $7,202,504 1,220 1,618 17,484 14,199 $1,038,801 $926,345 $7,931,365 $7,188,305 704,768 revenues Uncollectible 683,149 5,543,265 5,394,331 211,838 1 33,875 1,321,002 994,052 $122,195 $109,321' $1,067,098 _ the 1st mortgage 5% 15,1950, are in default as to principal and interest. The bankruptcy proceedings were filed as of Sept. 15, 1950, in the Federal Court in Chicago, III.-..No plan of reorganization has been offered as yet.—V. 121, p. 3016. . income miles, square served, Authorized the ** 7 " which Total operating revenues for the 12 months amounted to $11,636,907 and net income was the Quincy Station Post Office Building Corp., Chicago— In Default— used for property demand /notes. Undex last, 183,866 telephones. subscribe to Pennsylvania insurance. . . right share¬ including casualty insurance laws surety 755. the shares in program, outstide area an corporation maintains upon 20 will be expenditures are esti¬ mated at $13,009,000 for the next three years, of which approximately issue basis share for each one new the financing from retirement for proposed company's George the stock (par $10) common share at the Tate of per PROCEEDS—Proceeds capital stock from $500,000 to $1,000,000; stock from $12.50 to $20 per share; transfer $300,000 from surplus to capital stock account in order to effectuate the par value increase; on $2.20 * 1950. The The $2.82 Common Stock Offering — 125y0()b additional shares of for at Operating agricultural building itself is being erected by Montgomery Industries, Inc., % 1950, $1.57 rates " Cotton, peanuts, soybeans, potatoes and ,♦ of 2,043,169 $1.39 the increase in Federal income tax company to write all classes of insurance which the company may write under the V New Plant— plant, the company will make available to growers in complete share* outstanding result of nine months ended Sept. 30, 17.8 cents per share.—V. 172, p. holders sinking fund.—V. 172, being installed by this company at Montgomery, announced Oct. common a the a.m. K Maw plant for .the blending, formulating and production gCla., it divs • 11 and interest Pennsylvanai Salt Mfg. Co.—Installs cultural chemicals is stock common dividends Balance Earnings unsubscribed ,¥t : L Quaker City Fire & Marine Insurance Co.—Rights, Etc. trustee, Philadelphia, Pa., will $2,208,930 outstanding.. now 938. Underwritten—The corporation is offering; to holders of its common stock of record Oct. 13,/rights to subscribe 7,311,663 14,785,173 income Common Pennsylvania Co.—Tenders— Trust $2,781,951 573,021 stock. 113,685,753 106,031,927 income income Net or ■ The Girard of owned 13. a-" f, previously 1,471,931 $3,473,986 income Dividends 136,004,706 127,259,929 revenues revenue Preferred stock dividends $1.40 dividend preference its of owner company $4,253,882 1,605,187 deductions series A bonds outstanding coal 7,744. $5,079,173 income Income J year. company $4,246,130 91,685 income $913,794. 1949 <j; earn¬ over 1950 1949 $32,939,530 $29,238,951 27,952,042 24,992,813 taxes) income ended 1950 ,• . Operating Income during th* Rochester Gas &< Electric Corp.—Earnings— First Gross dividends and 3732. p. 12 Months Ended Sept. 30— BUSINESS—Embracing Electric Service ' - company's declared states other 34 Texas, Columbia.- of Co., Dallas, Tex.—Rights— raised, $200,000 was to be added to capital placed in the company's surplus acount. See and 172, Other ' ■ as ing group which will purchase from the company any shares remaining unsubscribed after 3 p.m. on Oct. 31, Nine Months Ended Sept. 30— . ''. in Richmond & Mecklenburg RR.—Offer for Stock— See the ' ' increase Sammons the company District President, an four shares held. ;The First Boston Corp. heads a bank¬ offered publicly. the $300,000 to be V. to Cover Dividends— Jr.,' President, earnings in the preceding fiscal of / , Co., Dallas, Tex.—Stock Incr. 1963 —•V. 1138. p. 1440. p, 3,000 v ' ' of urer the be Of & .•v ' ,.'••• . Sammons, authorized to 3,000 Co Daniel Reeves & Co._ ^' Peabody Coal Co.—Earnings He 172, has announced that the stockholders capital from $300,000 to $500,000. strengthening of the capital structure was desirable in view of the company's expanding business. By ^b« end of this year, he said, life insurance in force is expected to reach $50,000,000. Its premium income from hospitalization and health and accident policies will exceed $22,000,000. The current assets exceed $12,000,000. The company's $500,000 capital, Mr. Sammons said, will be invested in U. S. Government bonds and deposited with the Treas¬ have •Net Placed Co.—Bonds 1347, , A. Life Insurance According to Mr. 3,000 A letter of notification was filed with the SEC on Oct. 9 covering shares of common stock (par $1) to be offered at market (approximately $2 per share) through G. H. Walker & Co. and Merrill jtymch, Pierce, Fenner & Beane.—V. 168, p. 1586. * ; • Republic owns all of the 30,000 outstanding shares of capital stock Abington. As consideration thereof, Scranton proposes to iss»« 60,000 shares of its $5 par common stock to Republic and pay an additional $32,000 in cash. 3,500 ; -l„,000 /the SEC foi Electrio of construction n fiscal the to Scranton Co. company. 1302. Prudential Fire Insurance Public . ' Republic Service Corp.—Proposed Sale— Rights to subscribe for 50,000 shares of additional capital stock (par $4) at $6 per share on a two-for-one basis, which were recently given to stockholders, expired on Oct. 13. Any unsubscribed shares were Parks Aircraft Sales & Service, Inc.—Files— ■ the class A stock of the corporation."— on 2101. p. The 31 t $10,000,000 y;.///■;• V"''. . Gas additions 3,000 Reed over :://y./-v.'--,./ 170, p. proceeds of provide funds finance 5,000 3,500 __ Inc. sen, 6,500 6(000 —V. 172, p. Irving Lee & Co Gross, Rogers & Co. Peters, Writer & Christen- Weedon & Co.— 10,000 . stated the Frank Knowlton <fe Co Pacific Co. of California., 1 / occurs Thfr Shares 35,166 Shearson, Hammill & Co,_ 20,000 Davis,. Skaggs & Co 14,000 Chairman, Carter, . ' not jointly • have agreed to tespective number of shares set forth below: event •the issuer.,• capital stock, to UNDERWRITERS—The .First a , aggregate of an H. Privately—This company, a recently acquired subsidiary of Common¬ wealth Natural Gas Corp., has sold $750,000 of first mort¬ gage 3y2% bonds due 1975 to two insurance companies, Erick Larson, President, announced on Oct. 17. The New York Life Insurance Co. purchased $550,000 of the issue and the Life Insurance Co. of Virginia the balance. Scott & Stringfellow, of Richmond, Va., acted as agent for It is expected that ail,of. the outstanding 50 cents par w&lue. wm J said: Mack Mr. about be and each Portsmouth frill "be exercised. As. bf 86pt: $, 1950 there Vere outstanding to tpurohase Joseph priority having arrears *7* warrants became entitled to of the par value- of 50 cents stock ope 1950. announcement, •Portland, Me.—V. the company shares of capital of on have been called for redemption on Nov. 1, next, $17,000 of first mortgage sinking fund gold bonds due Nov. 1, 1951. Payment will be made at the First Portland National Bank, successor trustee, On Sept. 6, Prudential amendment to the articles of incorporation became -V at profits, will the restoration of dividends 5% from.500,000 .(par $1) to 1,200,000 shares (par 50 cents) and reclassify, subdivide and split up. the outstanding shares (par $1) the basis ot two -new shares (par 50 cents 'bach) for each $1 par to and 1950 There 1950 incorporation* of authorized number stock oh V Operating of an additional $150,000 to additional building. • an business Portland & Rumford Falls Ry.—Partial Redemption— surance Co. of America covering, the loan the time for the deposit of and class A 5% preferred Oct. 20, 1950, to the close of the 5 M-% series, share of class A 5% preferred stock with divi¬ dends in arrears may be exchanged for 6/10ths of a share of prior preferied stock, first series 5V2% (stamped) and 4»/2 shares of com¬ mon stock. A total of 450,000 shares of common stock have been set aside for the purpose of exchange, and the exchange will continue until this stock is used or until the period of exchange has expired, ♦The years. in stock, mon Outstanding .$165,000 cents)__ extended 16 first of 15, the $4,357,725.'//; ;■;> trust deed note dated Sept. 23, 1949 is payable to The Pru¬ dential Insurance Co. of America over a period of 15 years. Until Jiily 15, 1950 the note called for payment of interest only. From that date until July 15, 1955 monthly payments of $1,847.42 of interest and principal are called for and thereafter $855.02 monthly for the next finance the sales for sales Reserve The basis of exchange is that each share of prior preferred stock, first series, 5%$",; may be exchanged for »/3 share of identical prior preferred stock, first series, 5V2% (stamped) and 3V2 shares of com¬ Authorized ... note—— close Dec. on Oct. on stock, the making dividends and recapitalization. if, ten prepay an RFC loan of about $300,000. loan, Mr. Mack said, will increase . corporation to an amount in excess oT to new of "It is now esti¬ and net 'profits at in excess of $500,000. With current earnings being substantial and because of improved financial conditions, the directors, who meet late this month or early in Novenqber will give consideration to 1950 that See by exchanges at the close of business on Oct. 13, 1950, 54% of the- 450,000 shares of common stock allocated for the exchange had been used. He said that up to that date the exchange has resulted in a reduction in the arrearages of the class A 5% preferred stock of $1,703,835. The amount of preferred stock outstanding has been reduced by $2,653,890. The total reduction of preferred stock and CAPITALIZATION'AS OF JULY 31, 1950 r •4>/a% this The SEC has ordered a hearing for Oct. 25, 1950, upon Republic's application for sale of the Abington stock.—V. 171, pp. 1464 and 2612. that additional of from business plant facilities new its the company will obtain $327,750 future demand for the company's products, and other matters not now determinable. ^ $121,626 directors preferred stock source. concentrate certain of ,,where, of capital Discussing 1033. p. working $1,500,000. 1950—9 Mos.—1949 $1,222,416 $1,081,414 1950—Month—1949 $115,291 barrels) prior sum so borrowed will be added to the loan now in effect. It plans to finance the construction of the other building In part from cash on hand and in part by additional loans. In the event the stock purchase warrants net Pittsburgh Steel Co.—Exchange Offer Extended— Sept. 6, 1950 obtained a Prudential Life Insurance Co. to loan company •tentative commitment from The • class A the sale of Co.—September Sales Up 5.5%— Period End. Sept. 30— building will cost approximately $400,000 and equipment costing approximately an of $650,000 and Consummation $200,000. PRIVATE * by the company from Pfeiffer Brewing The company expects to construct another building containing ap¬ proximately 100,000 square feet on the four acres adjoining the present a company. feet square The new building, which is to be located behind plant will provide additional factory production space. present to the cost of $169,688. a the it has program from obligations mated exchange. for shares to the underwriter and from a proposed insurance company loan of $500,000 are to be applied toward the payment of accrued unpaid dividends on the shares of 7% preferred not surrendered for exchange and the purchase or redemption of said shares. The amount payable in case of redemption of the 1% preferred is $105 per share and accrued dividends.—V. 152, p. 4133. of expanding program a underwriter Funds Olympic Boulevard, Los Angeles 64, Calif. *" accepted be The purpose of the new issue is to effect the retirement of the major portion of the 7% preferred by the exchange of class A stock therefor. Only 14,545 shares of the 7 % preferred can be accepted for such exchange. western 12333 will shars of the class A stock not required for the purposes of will be purchased by the underwriter and reoffered public sale. Maynard H. Murch & Co.' of Cleveland is named as the principal underwriter. The public offering price is to be iinal by amendment. For its services, the underwriter is to be paid a fee of $40,000 plus 50 cents for each share of class A stock purchased by portioq of a at preferred Any COMPANY—Incorporated in California on Oct. 1, 1945, and is primarily engaged in the manufacture and sale of television receivers, radios, radio-phonograph combinations, television-radio-phonograph combinations, and combinations with home recording units sold under 'ThonQcord." 7% for for r name the of that not less than 12,000 shares of 7% exchange and that not more than 14,545 condition surrendered the exchange offer 10 publicly offered and sold 135,666 shares of .capital stock (par 50 cents) at $8.87Vz per share. The proceeds went to two selling stockholders. the President. to proposes the to of amount Approved—May Re¬ Loan five-year bank loan in an aggregate $950,000, it was announced on Oct. 18 by Martin Mack, Proceeds from the loan will be used to retire short-term approved , company preferred be Oct. of offer the stock to holders of the out¬ standing 20,078 shares of 7% preferred stock on the basis of 5J/2 shares of the new class A stock for each share of 7% preferred. The offer Oct. 11 at $14 per share.—See V. 172, p. 1439. on filed a registration statement with the $1.50 cumulative convertible class A Oct. 17 shares on 80,000 par. Monday, October 23, 1950 . Class A Stock— on stockholders The Co.—Bank Tube store Dividends ' covering stock, , offered was The SEC Reading O.—Registers With Publishing Co., Cleveland 'sec.— . . Operating revenues — expenses Operating taxes — advised;that July Net operating income- - $799,922 , Net —V, after 172, charges p. 1343. 72,735 60,790 664,437 420,755 Volume 172 Number 4953 . . The Commercial and Financial Chronicle , Safeway Stores, Inc.—Preferred Stock-Sold—Common Subscriptions—It was announced on Oct. 6 that the sale of the underwriters : completed; preferred stock to Sept. 26, and that of on Gas (& Subs.)—Earnings Up— ~ * Sept. 30— 1950 purchase Other costs 1+-, Operating Gross Net of Earnec per The 13,860,791 p. ———„— . 6,343,588 1,676,808 1,555,459 ^ Period End. Oct. 7— 1950—4 Wks.—1949 : ♦Canadian 83,760,671 9,096,355 8,246,125 sales ; , 832,498,492 847,905,612 82,281,839 dollars.—V. 172, ' 74,413,090 1237. p. St. Lawrence See Central Corp., Ltd.—Stockholder Sells Holdings 171, V 2201. p. 3 sale (EST)-on p.m. it to of first Co. exceed offered 1950, 25, 5% gold bonds, exhaust the sum of to and accrued par 55 Broad St., New York, N. will interest.—V. 172, Novj on into of Y., to -receive , profit after taxes shares outstanding TEarnings per •Federal 5,170,714 based are rate S. of record 172, $2.21 be * 1950 tax 330. p. Y. J. that Service Republic Corp. above.—V. ICC - Oct. ^ 13 are V , examiner, Ry. to Co. has that the buy at be to eligible ' " * * price to to * * vote ' too was of $52 held announced was 10% the of of number S. W. step of Ry. Richmond currently & stock stockholder, low. recommended this years after that the expect RR.'s Southern 618 Total has company acquired Monotype the company's Lanston plans the end for of Monotype diversification over Commission $5 its has 171, shares 250,463 Net per p. said in his Sinclair Oil r P. C. Oct. in $15,000 -receiving dividual This The Texas, the date of 698. the to has company Dalhart, $400,000, maximum a $15,000 a of will year $75 be made was provides that notwithstanding there shall be month. per considered Those on an in¬ existing labor agreement general wage increase or an no 24,230 83,814 $38,153 $122,768 $130,109 $0.17 $0.17 $0.54 $0.57 taxes, share per 172, about The offer prior to June 30, 1951.—V. 171, Service 82% The examiner open Valley acquisition.—V. company covering for be Life Insurance 172, to $100,000 to Oct. on $130,000 issued Co., filed 6 value par letter a with the SEC which $30,000 is to and the remaining of $1.50 per share. stock life insurance com¬ notification of stock, capital of of to convert is the company to No underwriting is involved a < ,.A The - stockholders proposal « Initial Nov. Terminal R. subject City.—V. entered into and prior with agreement an water works the of The the city for in system City and the meeting held Oct. 10, The company expects company. the to interest stockholders in premises A. P. 172, p. 481. / f* it. * from will approved that the the be proceeds made about 172, p. 665. fering Oversubscribed—An underwriting group headed jointly by Smith, Barney & Co. and The Illinois Co. on Oct. 18 offered to the public 160,000 shares of com¬ mon stock (par $1) at $15.75 per share. The offering oversubscribed and the was ' SKF Industries, Inc.—Aircraft Unit at Full Operation corporation The tinit for- the demands Oct.. 18 .on processing the of of nations"expanding operation. The ; unit, new of the In the announced that anti-friction Korean - is war, manufacture part of of a meet is started before the outbreak aircraft program > and cipally those for machine tools.—V. to increased n6w*in full was permitting program aircraft air conditioned new a bearings • ' which construction on other 172, precision greater control bearings, prin¬ 1139. p. The Discovery Oct. of second a well in the Gulf Mexico of The Lease coast Two was designated No. A-3 by the developers, is on State Island Block 125, about 25 miles off the of St. Marys Parish, La., and 65 miles south of Morgan City, La. more weils are being Grilled in the same area. than to ta ttft BUSINESS—Company, organized in 1926, is successor to a/ number companies,, the oldest of which began business in 1889.- It. is a producer of metal roofs, car-ends, end-doors and gates and other of in items the of and the construction company and located are well, and two productive 200,000 Eugene wells in acres the are on Gulf a 20,000-acre block out of more the off Louisiana^ coast under lease Magnolia and the Continental-Newmont Companies.—V. 172, p. 1034. Hammond, at the For orders equal to $1.66 awards and ' charges fixed 2,587,796 $230,258 Number of Earnings shares- common per •Includes 550,319 $0.33 ; — - . (par value UNDERWRITERS—The shares of share common of Act 1950.—V. 172, p. AS and underwriter are the $1 E. is to a headed Green associates and Oct. on Period End. Aug. 31— and the Textron pension trust. buildings include Terminal Tower, have Cleveland, Hotel Operating revenues Uncollect, oper. Operating Operating 1950—8 Mos.—1949 $24,753,539 $21,245,639 $186,066,507 $163,966,570 88.906 84,517 776,893 652,666 $24,664,633 $21,161,122 $185,289,614 $163,313,904 17,649,534 4.255,205 16,299,226 135,285,262 125,985,519 2,587,655 26,874,713 20,039,417 income— oper. $2,759,894 $2,274,241 $23,129,639 $17,288,968 2,433,219 1,899.798 19,845,130 13,938,259 charges 172, Co.—Earnings— — taxes after —V. revenues expenses— Operating Net __ rev._ p. to be 1034. W. has Stetson the Board.—V. the succeeded 145, 3984/ p. late Gibson D. H. effective a by approved standing on the common stockholders. was increased an amendment to its charter making common stock, which was recently Giving effect to the split, the out¬ to 440,000 $5 par shares from 88,000 31, ,V stockholders vcte will Oct. 31 on to increase thft order to proposal a of rate of 65 C. Welmon, Secretary, dividends at the annual per share will be paid on the new shares. This is W. to cents equivalent to the $3.25 rate previously paid on the old $25 par shares. —•V. 168, p, 2438. the underwriters to Indiana issue retire P. S. $150,000 of shares of 750 Commission on Sept. Inc.—Financing— 16 authorized the company preferred stock. The proceeds will be used to 67e preferred stock and to provide additional working capital. covering the market for and of the the U. S. V stock ♦Including 1,500 3.000 Laurence M. 3,000 A. Simmons.. & Blyth & Co., Inc.„ Si Co 1,000 1,000 (par cent) one shares (Vice-President and Central & Gas Co., Clark W. Si stockholders common been right the given of Pacific Co. of California Pacific Northwest Co Paine, Webber, Jackson & Curtis Piper, Jaffray <k Hopwood Reynolds Si Co 2,400 at the National Bank of Schwabacher & Co 1,500 3,000 1,000 Crowell, Weedon Si Co. 1,000 1,000 Davis Si H. Co 2,400 l,50o Davis, Skaggs Si Co Elworthy Si Co Farwell, Chapman First California First of Co, Co Milwaukee Co. Shield 2,400 Sills, 2.400 Michigan Corp... Securities First Lynch, Pierce, Fenner & Beane 1,000 Si 1.50C Co Cook Si Co Si Co Fairman <fc 2,400 2758. record Oct. on or 6, 1950, before Stix 4,500 Stone 3,000 Securities Corp. Union Securities Corp G. H. Walker Si Co Si Co Si Webster scriptions The 1,500 1,500 1,200 for proceeds Sells The series Under issued has company bentures, 1950. be to are as shall have been unsub¬ Rights are exercisable Detroit, Detroit, Mich. shares such used general for corporate purposes. subordinated serial de¬ $300,000 Debentures— B, due 4Me % of $300,000 1953-57, under an indenture dated March 1, dividends on the common stock may be indenture, the paid only out of the consolidated earned surplus accrued after Dec. 31, 1949, plus $100,000. The debentures are due $220,000 annually March 1, 1953-57, inclusive (including $800,000 series A). The authorized $4 par common stock has been increased from 200,000 to 4,500 4,500 2,400 400,000 shares.—V. 172, p. 1238. United Corp.—Reduces Niagara Mohawk Holdings— This corporation 1,500 Dean 4,500 Mohawk Hornblower & Weeks 4,500 Harold E. Wood <fe Co 1,000 shares.—V. Janney<fc Co 1,000 Yarnall Si Co August sold 4,220 additional shares of Niagara class A stock, reducing, its holdings to 70,918 in 1,000 Hill. —V. Richards Si 172, p. Co Witter <fc Co by McDonald-Moore & Co., Detroit, Mich. In addition, are also entitled to make additional sub¬ stockholders 2,400 1,500 3,000 1,000 Inc. F. S. Smithers Si Co 3,000 Co 1,000 Harris, 1,500 <fc 4,500 2,400 William R. Staats Co of Goldman, Sachs Si Co Harris, Hall Si Co. (Inc.) Hemphill, Noyes, Graham, p. Common Stockhold¬ scribed for, subject to allotment. 1,200 Cruttenden Si Co shares Oct. 23, 1950, for 55,865 additional shares of common stock at $7.75 per. share on the basis of one new share for each three shares held. The offering is underwritten Mullaney, Wells Si Co 1,000 Collins Si Co 600,000 and subscribe to Merrill Newhard, Co ♦2,398,000 shs. (President), and Trad Ltd., above.—V. 169, Union Investment Co.—Rights to The Republic Co. (Inc.) ,. . 1441. p. 1,500 Co , FINANCING Outstanding NEW Treasurer), 172, 3,000 Slocumb TO Victor 1,200 Brush, Sept..,-12, on. 5,000,0000 shs. by owned 4,500 Inc. Paul Marks & Co. Masten E. Delaware in EFFECT GIVING Dominion Natural 1,500 Eichler Si Co.__ Ellis ^ ^ Union Gas Co. of Canada, Ltd.—Proposed Acquisition See Shares ers—The Becker Si Co. Inc.„ organized was by Trad Television Corp.—V, have G. "(par 1 cent), 'at 25 cents per share. ' 600,000 Trad owned be 1,000 A. speculation" a and other branches of the Armed Forces. Army 4,500 Blunt Offered—Tellier & 1,198,000 shares of Corp. (Del.)—Stock "as CAPITALIZATION 4,500 1,500 2,400 without to help George 160,000 Jr., Barbour, E. 113. 16-inch, Irving Lundborg & Co Carl McGlone & Co., Inc. 2,400 William of t letter of notification with 4he stock (par $1) to be offered at a meet the demand for television cabinets, particularly..tor 19-inch and 21-inch picture tubes. It will also engage in manufacture of certain types of wood boxes and cabinets for the 1950, Kidder, Peabody Si Co Lee Higginson Corp Inc. ' purchase of additional land. the 1,500 CO., p. BUSINESS—Corporation 2,400 and ; ' PROCEEDS—'TheA net proceeds " will be used for working papitai* fpr of obligations for- the purchase of plant and,equipment, Kalman & Co., Inc Allyn " the payment Kebbon, McCormick & Co. C. 172, stock filed 6 account the offering is 16,000 A. 1238." shares of common 4,205 for Cabinet Trad Co. common follows: as 172, p. Oct. on underwriting.—V. them from the selling purchased by each by to split.—V. corporation 20,000 1238. ceed Record Set in 1947— Iron ore on the same date a year ago, M. S. Fotheringham, President, an¬ nounced. 1,134,261 tons. With approximately a month to go before this year's Great Lakes naviga¬ tion season ends, this company has good prospects of surpassing its all-time record of 1,206,000 tons, set in 1947.—V. 172, p. 1139. shipments for the full 1949 season were has declaration to be 482. p. each of been a Mass,, received by stock dividend payable or. Boston, shipments from Steep Rock Iron Mines on Oct. 13 passed mark for ; the 1950 season, as compared to 970,000 million-ton Total 172, United Elastic Corp.—50% Steep Rock Iron Mines Ltd.—1950 Shipments May Ex¬ the Corp. Power Notice tons Southern Indiana Telephone Co., The The SEC Common 1,500,000 shs. shares 1,000,000 to 2,500,000 shares in stock from common 2-for-l a Tracerlab, Inc., Boston, Mass.—Files With SEC— Outstanding 1,385,000 shs. $25 par shares. According effect Authorized 1950 Chairman as ' : * . Thompson Products, Inc.—To Split Up Shares— The authorized Illinois Co.^ The Parsons Sept. 21 filed 5-for-l split of the company Pa., and net income common stock. Un¬ of Sept. 30, 1950, totaled OF JULY purchased of number Chicago Southern California Water Co.—Stock Split-Up— The garage a assessed an . Smith, Barney Si Co. E. 1950—Month—1949 4 expected to controlling interest in the Terminal Tower syndicate of Boston' (Mass.)' investors. The by A. M. Sor.nabend, Boston hotel operator, Paul Helmuth as trustees for Sixty Trust, Textile Banking Co., Inc.—New Chairman— Plants Kensington, Shares Julien Net as sh.) per Bosworth, Sullivan <fc Co., 330. Southern Bell Telephone & Telegraph cars. the on company, names stock common shareholders provision for Federal income tax at the rate in effect under Revenue New Authorized $180,776 550,319 taxes 1949 $2,712,623 2,531,847 $0.42 and incdme 1950 $2,818,054 incl. •Expenses, the share per the to CAPITALIZATION stock Common Bateman, Sept. 30— revenues Net Ind.; freight net sales amounted to $17,293,914 1949 year $2,305,854, Bacon, Whipple Si Co Jersey Gas Co.—Earnings Statement— Nine Months Ended , three office buildings, E. of the Ames, Emerich & Co., Inc. South Gross railroad repairs of Lachine, Quebec, Canada. announced Oil new The represent new financing by the company. by the underwriters from a number of of whom will continue to be substantial corporation. L • / .v V 13 693 ' Cleveland, O.—New Control— Kirby 1713. 1 not $25,100,000. by the Magnolia Petroleum Co., an affiliate of the SoconyCo., Inc., and the Continental-Newmont Oil Companies, Joint developers of the well. on do books closed. shares acquired stockholders, most stockholders to Socony-Vacuum Oil Co., Inc.—New Well— offered shares are - present filled Vacuum sxi.- ,/ . their of buildings buildings (Indiana)—Secondary Offering—The First Boston Corp. completed after the close of the New York Stock Exchange on Oct. 19 a secondary offering of 14,000 shares of common stock (par $25) at $57.50 per share, less a concession of 65 cents per share to NASD members.—V. 172, p. 1238. They ^ . the Republic, Midland and Guild Hall,. The valuation of about $25,000,000. Mr. Green did not disclose how much money was involved in the trans¬ action, but investors estimated the price at around $7,800,000.—V. 169r. improvements made subsequent to the day of delivery of the properties for to L. and sale group and of its adjustment to contract the of Boston, Tower Co., Young latter the sale for R. complete share, by Paine, Web¬ ' (N. Y.)—Dissolution Voted— adjourned an distribution 1950.—V. 1, Corp. leasehold of sale at dissolve to liquidation the of Ave. . Co.—Secondary Offering Standard Railway Equipment Manufacturing Co.—Of¬ Madison 625 Tend. ' Jaokson, present policyholders without charge be offered to policyholders at a price purpose group 2343. p. 79,745 331. p. ' decrease 931,000 , Standard Oil Co. basis. offer which - than more with 30,541 " —Files With SEC— secondary offering of 15,484 shares of common stock was made on Oct. 19 at $15.50 per share, with earn¬ Corp.—Wage Increased— annually, $1,233,445 1,026,863 $38,611 inc. Tennessee an¬ The stock capital Spencer, President, has announced a salary increase, effective 1950 of 6% for all salaried employees receiving not more 16, than J > 344,888 Can¬ & report $189,000 or this $1,140,854 352,798 deprec:)^J__' Fed. Com¬ p. ? 18,286 $421950:$407,271 - $1,127,065 13,78^ $1,215,159 3,437 profit —V. share, the Sells Water Properties— first the was operations of $403,834 3,716 this Richmond to stock. hold the approves adian ber, Jackson & Curtis. The Co. producing income and improving Co. outstanding.—V. (par $5 each) of Stock 1950—9 Mos.—1949 1950—3 Mos.—1949 $418,234 income for Earns, at sha'res, outstanding Ry., should dealer concession of 55 cents per a outstanding capital stock of Lanston purchased was not disclosed. the company exer* notes.—V. 172, p, 481. In August, 1950. Corp.—Earnings— chgs income Prov. 1439. shares businesses to ings. that 17 serviee + that of protested Pritchard Mr. all owns Mecklenburg also —A Muldowny, President, stated that this purpchase in other Oct. on 22, $9,600,000 of-its recently called for redemption on Oct. 17. 1950, outstanding 6% preferred shares- at J&27.95 per share.-1^p. 308. ' ' V*. ' 155, (par $1) It June on retire f Security Banknote Co.—Acquisition— . to its Other share. per the stock Richmond Southwestern Public 1491. p, merger option Tel Autograph the at J r recommended 3 publicly purchase minority a Oct. on the price a offered Hutchinson, Southern Acquisition— 169, >-/ * corporation of pany. See Co. its Earned & Mecklenburg RR. contributes about nually to the Southern Ry. system's net earnings. p. Spranton Electric Co.—Proposed certificatea.—V.-172, scrip on •* Period End. Sept. 30— announced. . permitted five the in made 1349. p. Pritchard, mission 5,170,714 $0.52 for provided tAfter preferred dividends.—V. 172, bill, 5,170,714 $1.24 , the on $ 123,416,387 3,284,394 12,048,192 94,285,462 *7,003,924 share common taxes companies Mecklenburg RR. but 1948 $ 109,200.097 be not Merger— on Southern Ry. Co.—Proposed Stock Purchase— Southern 1949 • $ ... sales Common Oil ExpS. (incl. J. 1950 Co., Inc.—To Vote bids 1, 480. p. will ■ Supertest Petroleum Corp., Ltd.—Redeems-Pfd. company and of. Dapciger Oil Si Refining 1950, consider and act upon the merger of C. T. Chenery, Chairman of the Boards of 1 for the 1905, to an prices not ot dated July $71,787 at <•- This , this 30, both Stockholders & Net • Southern, meetings.—V. St. Regis Paper Co.—Earnings— Nine Mos. Ended Sept. 30— , of . company Net Production stockholders * Oct. mortgage sufficient amount dall V. The Louis, Rocky Mountain & Pacific Co.—Tenders— The Manufacturers Trust Co., trustee, to , cised $3.00 company basis alone, the company earned net of $5,356,169,»or $3.44 a common share, in the 12 months Sept.:30, 1950, compared with $4,308,597, or $2.77 a share, for the preceding 12 months.—V. 171, p. 2612. Directors St. 1,555,359 $3.87 ended Danciger until ,!- , Sunray Oil Corp,—To Reduce Bank Loans— i. • National, Corp. .above.—V. •,. addition parent a Southern . in dividend stock income $' $ Stock Dividend— ; 10% a company on Oct.' 4 announced that , it is preparing to repay this year.$2,000,T)C of a bank loan incurred at' the- timu of the Barns- all Canadian •In $ 86,812,755 sales 1950—40 Wks.—1949 ' $ Domestic •• stock distribution 331." :The $6,015,506 I $4,666,780 ' __ shares— share NOTE—On . declared $6,320,266 7,781,310 .1,765,804 deductions common have quarterly cash dividend of 25 cents per share oh tho stock, -both payable Dec. 15 t<r holders ol record Nov. 15, common '2,924,564 " Current Domestic Sales Up 3.64%—- -7,834,473- * 3,351,869 , .— other directors the ^regular 15,849,941 - taxes income income Number . and income and The $30,940,094 9,090,375 Sun Oil. Co.—Declares 10% ..■> 1949 $7,365,908 operating costs Interest ' / ——1 $35;658,093 Depreciation-and^amortization— the 257,064 shares of common stock offered for subscrip¬ tion by common stockholders of record Sept. 21 at $28 per-share 244,913 shares were subscribed for and 12,151 were purchased by the underwriters who reoffered them at $32.871/£ per share. (For further details, see 172, p. ii38). 7 12 Mos. Ended Operating-revenues J 110,000 shares of 4% was Southern Natural Gas Co. ■ Stock 9 (1537) at two shares ffcictionRl the Stock DividendNew York Curb Exchange of th« the capital stock, without par value, on holders of record Oct, 16, 1950, the rate of one additional share of said stock for held. Sciip certificates will be issued In lieu of Nov. 1, 1950, to shares The Committee on Securities of the Exchange rules capital stock be not quoted "ex" until Nov. 2, 1950, said stock that all certificates for said stock delivered after Oct. 14, settlement of transactions made prior to must be redeemed on Nov. 6, th« dividend; in 2, 1950, must be ac¬ and that such due billft Nov. companied by due bills of said stock dividend; that 1950.—V. 161, p. 1138. 1950, to The Commercial and Financial Chronicle (1538) United Fuel Investments, Ltd.—Proposed Sale— Dominion Natural Gas Co., Ltd., above.—V. 1G0, p. 231. The • company the increase to * Pipeline & Financing—. United Gas Corp.—Plans In application before the FPC for authority to pipeline to reinforce and enlarge its present 6,700-mile system. The proposed pipeline is expected to cost s$115,000,000. according to company estimates. Delivery of steel pipe for the line is scheduled to begin in December and completion is set The for an miles 1,130 not 30-inch at the construction, finance ■$100,000,000 8125,000,000 and probably will sell between bonds, provided necessary ap¬ company of new equity. common At the Loan—The SEC the of loan will used be manufacturer principal of ignition and signal turn be first for 172, p. 200. of of the price of $100 per unit. Each unit will consist of one sinking fund debenture (3% fixed interest, contingent on production), face value $100, due debentures are subject retirement to through The debentures of funds on 102Va and interest date at any retired may also be the company of tiiot to exceed other in the than to sinking through fund at BUSINESS—The mining and and , corporation milling sale of CAPITALIZATION ' , •6% ji is GIVING tungsten EFFECT.TO cise of PRESENT income sinking fund due Dec. 31, 1960 stock • 315.000 shs. Utah Power & Light Co.—Future expected the same call for and 200,000 for its the company to additional construction offer Financing— approximately common shares The program. next $12,000,000 year company's 1950 provide financing sale of $8,000,000 of bonds this month,- and the offering of 166,604 common shares on a one-for-eight basis last month. ("Wall Street Journal.") See also V. 172, of leases Gulf in Tower Co. above.—V. 172, p. not subscribed Gas Co. all will the company, on has been borrowed by can be taken up by the set forth in the be entitled to proceeds are to be used principally for the facilities, including the construction of phosphorus plant at Silver Bow, Montana."—V. 172, expansion a p. new 575. of to pay notes 172, be in that p. from advances off the and amount, 1140. announced receipt of "the largest Jeep October, 1944, at the height of 16 since Ordnance with The the according backlog from ECA for unfilled orders Chairman civilian Jeeps, trucks, also received today company's total of order an brings Jeeps, $120,000,000, President. Ward to includes figure Canaday, M. engines and miscellaneous parts. said he anticipates no material interference with civilian production schedules as a result of these additional Canaday current been because introduction month since of new models 30, he added. expand facilities since Mr.- Canaday said, and plant capacity for substantial current production was running at 10,000 vehicles a month during corporation The Jeep has invested II—V. 172. p. War World $35,000,000 to 1442. SEC Corp.—Registers With Service Public Wisconsin Oct. 16 filed a registration statement with the $4,000,000 of first mortgage bonds, series due Nov. 1, corporation The SEC security of rising steadily each March on number and dollar value of which could regulations. Civilian production requirements, the revealed be lias the covering and they approximately Prior on 50% the of to are the financing be will and is engaged natural, therein the gas and pro¬ sell the by Basin general Oil in Hugoton /■ Net and and gas Texas Field Gas Gas to markets Company, and Co. Transcontinental El Pipe $1,579,873 Cities Natural Paso will deliver Line operating Com. gas and natural Service for net Gas Co. Federal pro¬ elemental and series-due 4'/2% cuml. of its fields 1958 1, stock "Includes TO 172, p. 331. Profit the ended year May 8151,488,—V. was PRESENT 31, 172, FINANCING Outstanding 1950 Net - federal taxes 1949 $6,295,290 $8,059,167 678.072 1.424,446 — state income profit declared capital : shares share per 169, 537,823 197,453 ta>»es— 8836,623 197,453 197 450 $2.05 and 273,240 $404,632 for Earnings —V. income- before 197,450 $4.24 1053. p. ($1 $3,325,000 3,500,000 3,325,000 1,500.000 1,500,000 (L. A.) Young; Spring & Wire Corp. ■ debentures -—- ($100 par value)__ 2,500 shs. 2,053 shs. 1,149,444 shs. as 10-year of Sept. 4,/a%> 15, 1950, common of the the the 172, p. stock conversion terms of reservation 1239. 68 807 shares reserved for the of per now price trust an debentures at the presently effective share., The sale of all of the shares of offered will require a further adjust¬ of such debentures 1,781 $21,25 to indentures' relating additional Fiscal Year Ended July shares to of said 1950 31— before Prov. income 6,071.176 "4,854,914 t3.050,501 2,248,105 1,824,959 ______ Drl24,3l8 $4,684,498 $3,698,753 408,658 408,658 $9.05 7,734,999 taxes Canad. inc. for Fed. and Foreign 1948 1949 $51,802,987 $50,707,296 $43,714,808 sales Profit taxes adjustment exchange conversion convertible price of $21.80 (& Subs.)—Earns. • Net *1,250,000 shs. Value) par conversion —V. taxes.—V. income +After taxes. income income taxes. SAfter provision of HAfter provision of $2,861,247 taxes. sales Net Provision for $3,500,000 1962 convertible pfd. stock Common and income Yates-American Machine Co.—Earnings— trust 3H4%■ Jan. under Federal trust collateral Ten-ryear the for Federal Year Ended June 30— Rio' Co., Commencing several from income EFFECT mortgage and collateral 3 Va% series due 1962 mortgage bonds, of for $3,278,122 of $2,596,652 for Federal $2,450,018 $3.81 $3.76 of "84,742,426 308,080 $3.68 $13.84 *$3,997,399 +$3,881,418 924,000 924.000 924,002 share com. provision provision include gas Gas Corp. revenues bonds, 5% per "After 1947 1948 1849 1950 ll$3,951,245 taxes outstanding— shs. Earns, „ Corp.—Earnings— provi¬ after Federal for Dividends GIVING CAPITALIZATION due common and 1239. First profit sion 4 and the company the 9 Mos. End. Sept. 30— retire gathering exploration lands. and the area, the in as bidding. to proposes company (Including Domestic Subsidiaries) • recent : competitive at the additional Pump & Machinery Worthington • corporate r production, leases company the company amounted held are Transmission 1951, as proven Permian which to Valley the well to sale sale, of of shares for value par Basin. Juan Gas in used incurred 81,350.000, such with $2,250,000 public for offered be simultaneous or stock to Standard Gas & Electric Co. at par. Proceeds of the bond and stock sale will be used to pay off $3,300,000 of short-term bank loans obtained for construction purposes, and the balance will be used to finance the 1950 construction program and a portion of the 1951 construction program.—V. 172, p. 1239. expira¬ directors to and issue that they propose would be entitled company bonds The 1950. officers which of to the exer¬ upon Oct. 27, on aggregating prospective EARNINGS—Total ment The than Mr. sub¬ to shares underwriter, as certain shares or from loans additional loan agreement. duction mcdel and sev¬ sum and the balance the terms and conditions an No. issory notes due in 1970 with Equitable Life Assurance Society of the United States, according to an announce¬ company will passenger cars, (par $1) additional for pursuant advised the stockholders area, San January, • prom¬ Part of this shares 211 shares production." more to Oct. on Army II combined This, civil share for each one new for p.m. and have Co. least at oil Customers First Oct. 17. War holders stock common White, Weld & Co., interests or Coast Grande 1349. Victor Chemical Works—Notes Placed Privately—Ar¬ rangements have been made to place privately through F. Eberstadt & Co. Inc. an issue of $6,000,000 2%% on from 171, to gas Authorized ment corporation The Offering Underwrit¬ is offering to the basis of allotment, bank of Tennessee 1441, Sweringert Corp.—Sells Buildings- Terminal companies, Stockholders Gas for crude the p. Van for order program, Service.—V, of which supplies natural to BUSINESS—Company 1950, Bee those acquisitions and developments, and for purposes,4"- V of to included hhe p. Natural acquisition and expansion planned by this company next year require new financing in. the .fall of 1951 on roughly pattern as the utility's 1950 program. Present tentative bonds Ivans held. purchase as offered. sale to funds and property . Construction M unsold Any used bank to pay off construction.—V. 8430,000 World the stock of record Oct. 13, rights to subscribe Natural outstanding the '■ *• remaining the stockholders. other to and shares; auction or to NEES. proceeds, $50,000 will be being $150 000 1,000,000 shs. construction 1950 Gas Co.—Stock PROCEEDS—Pioceeds (par $1 16,227V3 share, Willys-Overland Motors, Inc.—Gets Big Jeep Order- extensions, additions and im¬ those of its subsidiary, West of cost the warrants at 3 subscribe to $150,000 / reimburse to used > debentures * be to its properties, California, company, stock Paso Western Outstanding The corporation on Oct. 9 filed a letter of notification with SEC covering the above-mentioned 1,500. units—V. 107, p. 410. :! , of Natural rights. of El . to FINANCING New England Electric System, (99.568% I, proposes to acquire stock. common shares of such stock 48.682 Backlog Now More Than $120,000,000— the proposed sale of $1,000,000 are to purchase any unsubscribed shares poses .. Authorized - common ores. its to Co. subject common ■ engaged in the business is also engaged in the It ores. and 16 received SEC authorization to issue and additional common stock, $25 par. offered for subscription at $35 per share by 1980. tion principally manganese manganese 1951 common scribe, facilities^ increased production of the of part in shares ten capital. purchase 100 complete to at $15.75 per share on PROCEEDS—The net proceeds will be used for expansion of milling and additional working and operating ; at 104,495 additional shares of the be offered the balance and retire bank loans from the First National for the acquisition of Service, which loans aggregated $500,000; to provide funds to be used leading pipeline for new public at Of of to outstanding be to are as is rata NEES, bonds Service defray of its ' and of owns pro sold the principal underwriting terms are named is price its 1945, eral The expenditures. Oct. on shares stock which the incurred Telephone be called for redemption . company 16,298 holders with statement common stock. par offering and of 3% to ten—This price a stock 1950 Western 1945. such 1441. p. Weymouth Light & Power Co.—Financing Approved—■ The not the market open the the,entire issue may a price of 102 Vi. 172, government sinking fund by purchases in. the open market, by invitation for tenders, by drawing by lots or in any other manner in the discretion of the board of directors, provided that the purchase price does not exceed 102 V2. iihs of 1396, p. Dec. 31, 1960, and 10 shares of com. stock, $1 par value. The —V. treasury 1, advances and income 3% $20 1, part of capital expenditures made sinve Jan. funds will amount to a little more than 60% of a, advance to registration Francisco, offering public Everett, Oct. at U. S. Manganese Corp. (Ariz-.)—Securities Offered— Greenfield & Co., Inc., will offer this week "as a specu¬ lation" 1500 units of securities of the above corporation a San replace parent, withdrawal a preferred to mortgage 1950, mortgage provements at of Inc., 22, company's Coast ■6% request Co,—Registers With SEC— filed of its 12 shares 40,000 The Aug. Bank recently acquired control of Acme Steel Products Co. of Birmingham, Ala., and will shortly begin manufacture of air cleaners that location,—V. to 27 supplied by amendment. Proceeds of for has and other accessories at Oct. the utility company acquired all of the issued and outstanding shares of preferred and common stocks of Telephone Service Co., a Washington corporation, for a total cash consideration of $685,111. Service supplies telephone service to an area surrounding and contiguous to the City of Seattle. ' air and switches Oct. on Co., & underwriter. •automobiles. " United its and authorized American proposed Coast Telephone covering On to The company is a large independent American manufacturer of -Cleaners for automobiles, trucks, tractors and industrial engines, « Washington of Commission the company Blyth to retire the balance of an ■existing mortgage note held by The Mutual Life, to finance additions to plant and to provide additional working capital for anticipated expansion ol the business. proceeds The until persons new a for interest. The 18. Oct. request pursuant to which West Co.—Arranges Private it was announced on 2% sell has arranged with The Mutual Life Insurance Co. of New York for a $1,000,000 loan on a 15-vear mort¬ note, it has borrowed $3,200,000 borrowings are to be made additional at American Power & an earlier appli¬ not to exceed $6,500,000 to Washington for its construction program,—V. 172, p. 1239. • cation •company gage ' become effective It is expected the new financing may 172, p. 939. Specialties banks interested given which to The 2%. other or has pursuant of rate same SEC The United pending requirements " Bank, interest the The of this year.—V. the end National an Light Co., the SEC and the FPC. Under such financing, the company's present equity ratio of 52% common stock and surplus to 48$ debt would be changed to approximately 60% debt and 40,% before construction its 1949, hearing. from is obtained proval meet to Refunding, Etc.— stockholders to approve the cre¬ the two existing mortgages. The approval of two thirds of preferred holders is necessary. The company has 810,000,000 of first mortgage 4s outstanding, and will have $6,133,000 of income 4'/2s outstanding by May 1, 1951. The financing plans involve the raising of $22,000,000 in new first and refunding mortgage bonds, resigned to liquidate current obligations and leave about $5,800,000 in new mcney to reimburse the company of asking is company ation the Commission authorized the company to borrow to exceed $4,500,000 from Spokane and Eastern Branch of Seattle- from September. order in financing." August, First • nekt To has of company build of amount $7,150,000 permanent The 16 applied to the SEC for permission to authorized bank borrowings from $4,500,000 Oct. on Monday, October 23, 1950 . Western Pacific RR. Co.—Plans Washington Water Power Co.—To Increase Bank Loans , See . . per share, debentures, common stock. . Net. profit Capital - shares - ""Includes amount $132,852 of $287,739 assets gain - outstanding Earnings per share--- in of Revenue Act of —— fire insurance destroyed disposal of $11.46 — and received expenses assets. +U. 1950.—V. 171, p. 1503. in excess occasioned S. taxes by $3,029,955 408,658 $7.41 of the estimated carrying fire on and basis Volume 172 Number 4953 . . The Commercial and Financial Chronicle . Stock Record (1539) New York Stock Exchange «» DJULT RINSE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE Range for Previous STOCKS- Year 1949 Lowest Sper share Jun 37 Range Since Jan. 1 Lowest Highest $ per share S per share 51 Dec < NEW 40% July 28 2% Feb 1 54% Jan 19% Jan 26% Oct 21 4% Apr 22 1% Jun Oct 21% May xl7% Jun 23 Dec Jan 44% Sep 37 27% Mar 47 Dec 39% July 14 52 14 % 19% Dec 17% Jan Jun 11% Dec 39% Apr 17 13% Mar 15 May 51% Dec 35 NOv 5% 46 Jan 18% 97 % Mar Dec 23% May 110% Dec 18 July 3 12 July 14 3 7% July 26 51 Jan 5 20% July 13 110% Jan 5 24 6 Abbott ACF-Rrill Motors Co Acme 55% Mar Feb 1 Jun 4% Nov 2% July 13 3% Jan 3 Feb 18% Dec 15% Mar 29 21% Sep 29 Apr 73 Sep 67% Jan 4 77 Oct 4 Dec 2% Jun 27 4% Jan 11 3 857/e Feb 83% Oct 19 Jan Dec 86% 17% Jun Sep 83 July 93% Feb 6 Jun 8% Jan Jan 27% Mar 104 July Sep 74 21% Jan 94 120 Jan Express Co 3% 3% 3% 3% 3% 25% 26 25% 25% 26 26% 26 26% 26% 26% 3,300 23 23% 23 23% 22% 23 23 23% 23% 24 23% 23% 8,600 *38 39 38 38 39 39 39 39 39 50% 50% 50% 50% 50% 50% 50 50'/a 1,700 31% 31 % 32% 31 31% 30% 31% 30% 31% 49,900 Affiliated Gas 1 9% 9% 9% 9% 9% 9% 9% 9% 9% 50 *51% 51% *51% 51% *51% 51% 51% 51% *51% No par Equipment 24% 25% 24% 25 % 24% 25% 25% 26% 26% com $3 preferred w w Air Reduction Alabama Inc & Vicksburg Ry Alaska Juneau Gold Mining Aldens 100 *113 Allegheny Corp 100 w w Allegheny Ludlum Steel Corp.No $4.50 preferred conv gtd 100 15% Jun Dec 19 Jan 23 Jun 30% Oct 27 Jun 30% Jun 1 Allied 35% Dec 32% Jan 44% Sep 28 Allied 99 % Oct 18 Jan 97% Nov 93 Feb 33% Dec 28% Jun 76 Jun 88 Oct 81% July 12 91 Apr 19 26% Jan 37% Dec 30 July 13 53% May 31 38% Jan 11 ~2% Jun "4% Nov 37 Apr 43 Jan 89 % Feb 34% Jan Jan 45 Sep 10% July 40 6% 51 Jan 66 20 83% 120% Oct Feb 3 27 July 36 5 Aug 16 100% Mar 2 7 38% Oct 81% Oct 3 4% Jan 11 40 Jan 36% *114% *95 Sep 18 18 12% Aug 2 76% Aug 10 American American 70 Dec Jun 27 Dec 14 % July 13 26% Jan 7 61% July x7% Jun 69 Oct 60 Aug 15 67% Jun 12 Dec 10 % Jun 15% Oct 20 30% Mar 35 Jan 30% July 41 18 104 Jan 3%% 16 Jun 30 27 5 Oct 6% cum 100 No par 1 com 50 1 8 109% Oct 4 Jan 77/8 Jan 13 14% Apr 21 American Broadcasting Co Inc.. 4% Dec 3% Jan 3 8% Apr American Cable Jan 106% Dec 21 120% May 24 172% Mar 187% Sep 178 Jun 82 Jan 35 Oct 17 55% Jun 26 79 Feb 18 28% Oct 20 19% July 25% Dec 21% July 13 39 3 s Feb 47% Sep 41 15% Feb 19% Dec 14 Jun 19% Oct 71% July 35% Feb 99 Jan 25% Jun 87 Mar Dec 51% 120 Dec 36% Mar 7% 7% share American Chain American American Colortype Co 24% Oct 7 81% May 97 7 No par Chicle Co 23 8 Oct Jan 13 76% Jun 23 115% Jan 16 178% Jun 101% July 12 32% Jan 13 6 10 10 4%% prior preferred American Cyanamid Co preferred series A_100 3%% conv preferred series B-100 American Distilling Co 20 Lowest Highest 5% July 13 197/a Dec 18 July 31 17 Jun 2% July 13 64% Jan 3 21% Nov Jun 3% Dec 27 8% May 19 22% Oct 7 24% Feb 4 4% Mar 23 93% Oct American. 40c Amer <fc Foreign Power com__No par $7 13 Jan 69% Dec 6% Jan 19% Dec 12% July 12 25% Mar 22 $7 2nd preferred A Jun 61% Dec 54 79% Oct $6 44% July 12 43% July 26 44 37 45% Oct 51% Dec 34 Jun 43% Oct 3% 46 Jun Jun Oct 4% Jan 3 46% Jun 30 25% Aug Jan 32% Dec 5 >4 Jan 9% Sep 7 Feb 11% Feb 15% Mar 12% Jun Jun 73 3 Nov 5% 48 24JA 73 Jan 17 1 No par preferred 100 July 17 15% Apr 19 22% 25% Oct 7 18% Jan 13% July *3 18% Feb 15 Jan 81% July 93% Oct 19 3 92 Jan 4 5% Jan Oct Jun 3 10% Oct 3 Jun 33% Dec 29 Mar 22 40% Oct 18 96% Jan 105% Nov 104 July 13 2 22% May 23 16% May 12 American Power Amer Rad & Std 11% July 26 38% July 27 28 Jan 22% Mar 24 21% Jan 31% Dec 29 % May 7% Jun 12% Jan 25 51% Mar 16 44 Jun 5 145 Jan 7% Refg preferred ^ American 13 6% Snuff non-cum 25 Nov Jun 27 18% Jun 30 Jan 146% Jan 3 Jan 76% Dec Jan 153% Dec 62% July 26 146% Jun 30 74 Dec 64% Mar 29 121 Aug 117% Aug 17 7% Jan 3 21s Jun 21% Feb 28 79 Sep 91% Mar 84 Apr 20 59% Jun 80 63 May 4% Jun 48% Jun 65 Dec 61 25% Jun 35% Jan 60% Aug 17 136% Oct 3 7% 13 22% Feb American Sugar 161% May 20 76% Jan 9 55% Jan Jun 28% Dec July 2% Aug 11% Nov 4% Jan 26% May 42% Nov 8 % 158 106 42 *36 144 146 145 50% 50% 50 50% 11% 11% 11% 11% 11% 73% 73% 74% 74% 73% 73% 731% 73% 6% Oct 3 5% 12% Mar 22 13% 13% 13% 14 37% 39 % 39% 108 108 103% 182% 35 34% 74% 76 76% 77 26% 26% 26% 27% 44% 45 45% 45% 20 20 20% 20% *22 23 22% 22% *91 93 93 93 69% 69% 70% 8 77% Oct 19 27% Mar 10 37% Oct 18 Mar 27% Apr $5 Anaconda 5 36% Sep 22 23% Oct 9 8 $4 106 July 12 No par Anderson-Claytoh-& Co —21% A 22. 47% Oct Oct 18 18 Mining —__20 Inc Archer-Daniels-Midland Armco Steel Corp common. 4%% 22 95 93 93 *92 93 *93 70% 71% 111% 111% 111% 111% 47% 47% 46% 48 HIGH *165 6 % 112 47% 800 20 28,600 175 *167 111% 200 112 9,400 48% 46 3,400 SALE PRICES Wednesday Thursday Oct. 18 S pershaje 72% 172 72% 600 Oct. 19 $ per share 6 Friday Oct. 20 $ per share Sales for the Week share Shares 6% 6% 6% 6% 6% 8,100 S per 21% 21% 18% 18% 18% 5,000 2% 2% 2% 2% 2% 2% 2% 2% 2% 2% 6,700 90% 91% 91% 91% 90% 91% 90 92 90 1,500 91% 3,800 14% 14% 14% 14% 14% 14% , 14% 14% 13% 14% 16,100 79% 79% 79% 78% 79% ' 78% 78% 78 78% 4,100 50% 50% 51% 51 % 51% 50% 51% 50% 51 44 43% 43% *43% *43% 43% 43% 43% 8,400 1,200 2,900 6% 6% 6% 6% 6% 44 6% 6% -! 6% 6% 48% *47 48% 48 48 48 29% 30% 30 30% 30% 30% 30% 31% 31% 7% 7% 7% 7% 7% *7% 7% 7% 7% 83% 200 32 10,800 7% 2,000 18 26,500 92% 14% 90 9% 38% 106% 18% 14% 14% 14% 14% 88% 88% 89% 90 17% *93 14% *88% 9% 9% 1,500 40 39% 39% 4,200 106 *105% 105% *105 17% 17% 106% *105% 17% 17% 18'A 17% 18% 17% 7% 7% 7% 7% *7% 7% 7% 7% 400 28% 29% 28% 29% 28% 29% 33% 34 34 33% 34 8,500 1,700 106% *105 34% 33 % 17 16% 17 17 12% 16% 13% 16% 13 12% 13% 12% *175 7% 177 8% *175 7% 43% 43% 48 48 63% 63% *42% 167 168% 41 41 *137 139 167 40% *137 177 8% *48% 64% 34% 34% 35 10% 10% 11 97 120 68 148% 20% 151 55% 7% *44% 48% *48% 65 % 167 135 65% 167 41% *137 33% 33 35 35 Vs 35% 54% 134% 20% 20% 151% 151% 12% 7% 32% *10% 18 176 44% 41 10% 18% 13% 180 7% 139 34% 12% 44% 8 41 10% 18% *175 44% *137 34% *133 13 41 31% 135 64% 166% 18% 177 139 32% *133 7% 48% 167 32% *54% 177 44 31% 54% *33 *44 31 54% 9% 17% *105 33 8 62% 97 110 9% 39% 33% 69 400 9,900 9% 33% 148% 90 40% 29 135 *88% *9% 47 *133 90 39% 28% 54% 90 9% 63% 543A 90 40% 49 10% 14% *9% 28% 40% 17% 93 14% 39% 28% 139 17% 93 15% 9% 43 . 18 93% 14% 40 106% 8 167 17% 93% 14% 9% 29 7% 18 93% 50 38 % *7% 177 *82 84 6% 49 92 *83 83 *47 17% 17 *90 84 84 *47 17% 48% 66% 168 41% 139 33% 49% 65% 168% *41 *137 *2% 35% 35% 11 10% 10% *10% 54% 54% 55% 135 20% 152 *133% 20% 151% 68% 137 20% 152 69 69% 68% 69% 68% 149 % 148% 149% 149% *148% 150% 97% 97% 97% 95% 97% *119% 69% 150 55 *133% 17% 18% 13 100 8 27,900 2,600 44% 49% 100 66% 10,100 169 41% 690 600 139 33% 35% 26,900 11 2,400 2,000 55 1,500 137 300 20% 20% 2,000 151% 151% 30,200 69% 14,200 68% 150 150 350 95% 96% *119% 120% 70 7,100 23,400 97% 119% 119% 119% 119% *119% 120% 9% 9% 9% 9% 9% 9% 9% 9% 9% 32% 33% 32% 33% 120%. 46,700 45,900 176 96% 97 9,600 4,600 33% 34% 33% 34% 34% 34% 34% 95 , 9% 34% 95 94% 94% *95% 95% 95% 95% 95% 96 96 96 78 % 78% 78% 78% 78% 78% *78% 79% 79% 79 % 78% 78% 14% 14 Vs 14% 14% 15 14% 15% 14 % 15 14% 15 76 76 78 77% 77% 77 77 50 76 35% 35% 35% 35% 36% 36% 37% 36% 37% 36% 37 47,300 34% 34% 35% 34% 35% 35 35% 34% 35% 1,440 23% 9,600 14% *75 35 % *108 64% 32 *11 % 5 4% No par *44% 44 % 115 10 convertible preferred—100 70% 165 71% . 21% 9% 22% 4 120 22 18% 34 4 3 22% 21% 23% 15 Jan 22% 18% 34% Feb 89 20% 22% 22% 21% 23% 9% Jan Feb 45% 20% 18% 34"% Andes Copper Dec 28% 45% 20% 21% No par Anderson-frichard Oil Corp—10 95 27% 45% 20% 92 40% No par 9 29 % 28 45 20% 78% 92 9% 2 Jun 27% 45% 6,700 5 15 Products Co 27% 44% 77% 77% *76% Corp— preferred—i P W 27 *20 1,800 4,100 2,300 1,400 *119% 12% Sep 19 77% 24% 68% 33% Oct Sep 78% 15% 148% 72% Oct 5% Aug 500 77% 33% 78V4 15,600 77 18% 20% 11 45 182% 33% 77 22 150% 12 3 182 34% 18% 20% Jan Jun Glass 103% 182% 33% 22 150% 19% Feb x51 19% page Hock 103% 181% 34% 18% 20% 25 50 103% 182 % 22 6.25 Wire & Cable Common 110% Mar Copper Mining 103% 181% 7 84 *137 100 prior conv preferred Anaconda 102% 6% 103% 12% 15% _100 common 6% 165 Tuesday 43 common—14 preferred 12% 7% 21% 150% $4 conv prior preference No par Amer Zinc Lead & Smelt com 1 12% • 167 Oct. 17 6 % *106%- 108 108% 18 20'A American 12 6% 150% 80 6% 33% share 79,000 7,400 11% 7% 182% AND 52,200 *106% 11% 102% 47% 300 13% 6% 109% 34 110% 107% 12% 39% 183 47 107% 41 103 % 110% 10,200 40% 32 46% 40% 40% 182 110% 39% 14 7%' *160 41,100 40% 14 101% 165 15% 13% 11% 67% 60 14% 17% 62 11% 7% *158 18% 63% 14% 17% 62 17% *62 24% 25 preferred Woolen >107 17% *62% 17% 63 17% 63 84 100 common American Water Works Co Inc 1% 17% *62 6% 11% 100 36% Sep 8 96% Aug 30 14 5% Feb Tobacco Viscose Corp 74% 17% 62 „5 preferred American 73% 17% 62 *48 100 100 1,300 4,000 53,700 1,800 4,300 50% 15% 31 Tobacco 145% 24% *34 com 42 *37 145 15% 7% No par Refining 42 145% 24% No.par Co Sumatra American 121% Mar 28 14 77 see *38 144 15% No par American Tel & Tel Co Mar 30 Sep 15% Sep 1 33% July 14 26% Jan 13 For footnotes 42 144 24% *175 25 100 preferred American Anchor 15% *38 143% 23% 167 common Stores 18% July 13 Dec Co American Stove Co Nov 108 42. 143% *15% 63 preferred— American 20% Jun 2,600 *37% 23% 100 11 150% 48% 2,400 11,100 3% 15% No par com 19 128% 99% Mar & 20 Jun Jan 11 33% Oct Jun 35% 9% Jan 35% Oct July Dec 7% 12% Jan 16 Feb 24 1 120 Jan Apr July 14 138 8% Mar 185 American Steel Foundries 38% Jan 128 Light No par San'y corn—No par 14 Jun Jun 78% 3% 23% *33% 16% 12% & 169% Sep 19% 22% 37% 78% 3% 15% 29 No par 4 Sep 134% Sep Co Amer Smelt 150 7% 36% 79% 3% 15% *7% 1 20 Jan 38% 36% 78% 3% 23% 17"% No par Co 11 50 xl57%Apr Gas Sep Dec Jan Jan 35% 80% 3% 15% *105 2 com 66% Oct 43% 56% July Co Molasses Co 50 Jun Jun 61 36 79 3% 23% 14% *88% *9% 38 No par 5 37 39% Apr 35% 79% 3% 15'A *90% com_No par preferred 100 American Safety Razor 5 American Seating Co No par American Ship Building Co__No par July 18 5% July 13 33% July 26 39 % Mar 30 49% May 35% 78% 3% 24 17% 17 1 100 3 xl2 Jan 8% Aug Ltd Products Aug Aug 14% xll7% 35% 80 3% 15% 100 preferred Aug 36% Jun Dec 4%% Amer Metal News 10 60% 35% 80 *99 23% No par com Metal Co American 32 9 American 28 Feb 26 common Amer Machine & Metals 36% Jan 32 Dec 3.90% Fdry preferred Natural 23% Aug Dec Amer Mach & American Oct Dec 135 35% 99% 79 *83 100 1 7 33% Nov 106% May 17 18% Aug 16 Locomotive preferred 33% Mar 16 Jan Nov Dec 7% 1 6% Jun 5% 175 % American American 28% Sep 16 non-cum preferred American International Corp_No par American Investment Co of 111 1 11 4% 17% Oct 6% Mar 29 22 % 45 1,400 *99 14% 7% 90 Feb 10,800 88% *83 Products 78 31% 37% 88% 84 Home 16% July 18 42% 36% 88% *47 Ice Co common Sep Jan 37% 88% 6'A American 84 34% 200 37% 88% 49 30'A 7% American Jan 130 99% 37% 88% 6% 13 13 164 99% 37% 89 1 11 76 Feb 99 37% 89 50 com 9% Apr 17% May 12 142 99% 36% 5% 34% Apr 80 49 *98% 37 89% 6 22 18'A 2% 91% 3 Dec 7% Mar Leather 300 2,500 10,300 36% I per *47 30% 12% July 12 Jan 99% 23 89 % 50% Dec 23% *98% *43% Dec 8% 41% 50% 15% 6% Mar 29 40% 44% Aug 178 29 41% 44 Jun Mar 29% 40% 50% 11% 169 29% 40% 10 convertible 22% 29% 40% 10 6% 22% 29 % American Hawaiian SS Co 23 *22% 29% 40% American Gas & Electric Co American Hide & *22% 22% 55% Mar 22 15% 102 No par preferred 1,900 13,500 40% 45% Aug 25 6% AUg 21 48% Oct 5 % Aug 2 July 24 100 preferred 10 58% 11% 69% 162'A HI 47% *21% 18% 2% 91 14 78% No par 50 10 57% 29% Oct. 16 No par No par European Seeur American Export Lines Inc 97 10 58 • 50 93 6 l *95 10 22% $ per share Par 97 700 57% 29 Oct. 11 American Encaustic Tiling-. 24,900 41 LOW t per share S per share share Oct 200 39'A 120 22% Monday EXCHANGE Highest 38% 119 28% Saturday STOCK YORK 83% 82 120 40 % STOCKS NEW 1,900 11% 103 *91 69% 162% 111 47 10 com conv 50,000 50% *181% 183 31% 32 % 74% 74% *26'A 27% *44 44% *20 20% *22% 23 100 3%% 113% Jun 23 49% Oct No par American Crystal Sugar com 19 49 15% Feb 1% Cable & Mar 22 Feb 6% 13%. Jan No par 3% 79% 11 *102'A 190 3% 78% 48% 11% 6% 4,300 4,500 77 11 11% 6% 100 51 Range Since Jan. 1 $ per Fijry com preferred 2% 20% 48% 1 1 100 23 Feb 4% common Aug 4 15% July 17 17% Jun 30 Year 1949 t per Corp preferred American Car & Range for Previous Lowest Radio American Can Co 18 Jan 33% 60 190 Jan 21% 5 27 preferred 2% 201% *75% 10% 25 101% Feb 10% . 100 125 *118 48 100 2 14,700 41,400 11 74 17% 63% 13% 37 108 No par com Jun July *95 10 51% 26% 26 48'A 17% *62 13% 37 108 10 50 American Bosch Corp Amer Brake Shoe Co 28% 41'A 99% 37% 89% 35% 80% 3% 42 145 *13 100 common Jun Jun 97 22% July 90% July 26 *95 9% *51% " 22% 5 82 39% 39 119 9% 2% 22 95 3% 79 *80 38% 121 57% 5% Jun 95 3% *118 9% 96 % 81 96% *95 38% 38% 57% preferred Bank Note & 117 37% 9% common convertible 117 20% 77 79 82 *80 82 37% 115% 2% 2% 20% 3% 56% preferred 4% *79 36"% 115% 125 *75% 79% 9% Corp conv 82 3% 79% 79 56% preferred Airlines 50% Oct 27 *79 3% 3% 77 9% No par Amer Agricultural Chemical—No par 27 3% 76% 56% No par Petroleum Jun 37% 117 96% 3% 76% 9% Alpha Portland Cement 9% Jun 77 55% Amalgamated Leather Co convertible 2% 20% 76 9% Aluminium Limited 6% *2% 20% 76 56% preferred Amerada 2% 20% 76 9% No par conv 2% 20% 76 56% *22% 28% 41 *98% 37% *89 35% 80% 3% *36 145 48 10% Corp common-No par preferred 100 3%% 2% 20% 3% *79 Allis-Chalmers Mfg Common_No par 26 146 4% 2% 10% 52 26% *118 125 76 76 82 76 Stores 25% *118 1 Mills Feb 125 new..No par Allen Industries Inc 25% par _No par '118 20% 2% % 3% 1 common preferred A 100 $2.50 prior conv preferred-No par 125 76 *"75 5%% *118 20 20 % 5 preferred 125 *2% 10 Inc 4% % 39 *38% 300 50 29% Allied Chemical & Dye Allied Kid Co 25 3% 3% 50 Allegheny & West Ry 6% Sep 3% 30 % 24% 19 3% 50'A 1 May 16 11% May 27 Sep 3,900 3% 26% 3% 29% Corp 60% Aug 24 8 % Jan 9,400 3% 26 50% 19 96 89% Mar x55 Oct Shares 44 3A 44 Addressograph-Multigraph Corp—10 20 39% Oct 64% 88 58 44% 43% 44% 44% 44% $ per share Admiral 2 Dec 82% 44 Sales for the Week Oct. 20 Oct. 19 $ r°r share ♦37% 18 Feb 44% Friday Thursday Oct. 18 S per share $ per share share PRICES Wednesday No par 9 19 43% SALE 1 Adams-Millis Corp 26% Oct 44% s per HIGH Tuesday Oct. 17 10 14 May 31 44 % 2.50 Co 42% Feb 2% Feb Steel Adams 121 Oct. 16 t per share 5 AND Monday Oct. 14 Laboratories^. 19 13% 2% Saturday Par Oct 64 40 % LOW STOCK $ per share 17% 3% YORK EXCHANGE Highest 108% 65 32% 12 4% 45 45 115 *108 23% 108% 22% *108 23% 108% 23% *108 23% 23 23% 108% *108 108% *64 65% 64 64 63% 64% 64% 65 31% 32% 11% 32 32% 32% 32% 31% 11% 11% 12 12 12% 11% 22% *108 360 390 30,200 108% 63% 63% 1,900 32% 31% 31% 12% 12 12% 10,100 1,000 400 4% *4% *4% 4% *4% 4% 44% 45 44% 44% 44% 44% 441/4 44% 44% 44% 10,600 44% 44% 44% 46% 46% 47% 46% 47% 46% 47 46,000 114% 117% 118% 4% 113% 4% 114 4% 4% 120 118% 120 118% 119% 2,470 11 12 The Commercial and Financial Chronicle (1540) NEW t per share 8% Jun 5 S per share Dec S per share Jan 10% Apr Par 88 Oct 6 53 Aur Armour 24 13 10 49 % Jun 77% Jan 69 38% Jun 51% Dec 39% July 26 48 Armstrong Cork Co com Dec Oct 13% Mar 107% July 31 14% Apr 18 117 y2 Jun Dec Jan 9 Arnold 7% July 131% Jan 8% July 13 12% Jan 9 Artloom 101% 114 19 9% *85 16% Jun Jun 5 com No par $3.75 preferred —No par $4 convertible preferred—No par 104% May 10 94 Illinois of prior preferred $ per share 8 HIGH SALE Tuesday Oct. 16 No par 1001/8 Mar 13 105% Co <fc So conv AND Monday Oct. 14 share 13 7% Jan Saturday EXCHANGE . Monday, October 23, 1950 RECORD LOW STOCK YORK NEW Range Since Jan. 1 Highest Lowest Highest $ per STOCK STOCKS Range for Previous Year 1949 Lowest YORK . . PRICES Wednesday Oct. 17 $ per I per share Friday Oct. 19 * *» r the Week $ per share xltare Shares 72,loi 10 10 10% 10% 10% 10 Va 10% 10 "A 10 A 85'% 85 86 86 86 86 86 86% 86 V2 86 87 2,103 48 47% 473A 46% 47% 47 47% 47 Va 48% 47% 47% 3,603 101% 101% 101% 101% 10134 101% 101% 101-% 113 113% 114 i 14 *113% 114% 193 17 '/a 400 11% 1,200 9% 10 *101% 102 102 102 *113% 114'% 113% 113% *113% 114% Corp 5 *16% 17% *16% 17% *16% 17% *16% 17% 16% Carpet Co Inc No par 11% 11% 11% 11% 11% 11% 113/4 *11% 11% 27% 27 *27 27% Constable Sales for Oct. 20 Thursday Oct. 18 $ per share share 17 17 *11% 280 21 July 13 28 34 Sep 28 Arvin __2.50 *11 *26% 27 27 27 27 27 27 27 21 July 17 July 12 273/4 Oct 19 Ashland Oil & Refining Co com...1 25'/a 25'A 25% 25% 26 26% 26% 27% 27% 2734 27 Va 27% 16,800 Oct 17 27% 273/« 27% 27% 27% 28 27% 27% 273;, 23 27 5A 2774 2,000 20 3/4 Sep 25 19 Va 19% 9.500 115 % 115% 24 28 Mar 10 Industries Inc. Associated 11% Feb Sep 15 85 Apr 109 Dec 104 Mar 3 115% Oct 7 6% Dec 98 Apr 4 109 Oct 19 1% 39 % July 12 15% 87 Apr 101% 30% Feb 50% Nov 80 Jun 105% Jan 100'/a Jan 16 135% Oct 97% Jun 105% Nov 103% Jan 27 110% Sep 10% Dec 59% Mar 19% 19% 13% 115 115% 115% 115% *115% 115% 108 108 108 108 108 10 46 48 45% 46% 46% 47 4734 131V* 132 131% 132 % 132 % 133 132% 133% 133% 135% 133% 135 9,200 *107% 109 *107% 108% 108% 108'A 108% 2,230 Co Investment Topeka & Santa Fe com...100 100 5% non-cum preferred Atlantic City 61 % Oct 18 Atlantic Coast Oct 20 Atl G & W I SS 53 Feb Jan 28 81 77 Feb 94 Mar 86 Jun 27 93% Aug 31 Jun 423/. Dec 36% Jan 24 64 Vb Oct 20 Jun 112»% Dec 108% Feb 141 % Oct 20 141 % Oct 20 93% Jun 102 Dee Oct 17 20 Jan 22% July 13 253/4 Feb 7 28% Sep 323/4 Aug 7 1" 131 % Oct 241/4 Aug 6 99% Jan 5 * 103 5% Electric Co Line 4% RR, 108% 108% 108 % 108% 108% 14% 14% 14 % 14% 14% 14% 14% 14 V2 143/4 14% 183A 18% 18% 18% 18% 18% 18% 13 Va 18% 58% 59% 59% 61% 53% 61 57% 58 79 79 '79 89 % 79 V2 ol 94% *90 57 58 3/8 Lines common—1 *78 80 % ♦78 80% *78 80% *90 94 V2 *90 92 *90 92 63 Vb 62 100 62% 25 common *90 63 62% 62% 63% 400 95 *90 92 62% 62% 139% 138% 61 % 1 400 64 '/a 23,200 139 137% 139 139 139% 139 137% 139 1383/4 139% 139 140 137 139 % 139 141 % 2,845 101 A—100 B 101% 101 % 102% 102% 103 102J/a 103 102% 103 102% 102 Va 1,430 ♦23% 23% 24 Vb 24% 24 % 24% 24% 24% 24 VA 24% 8,800 29% 29% 29% 29% 30% 30% 30% 31% 31% 31% 2,600 112% 112% *25% 25% 25% 8% 8'A 8% 139 100 5 237/a 24 20 Corp Atlas 623A 4,"300 15,300 139 series $3.75 3.590 14% 18% 57'% preferred series conv Preferred Atlas 140 187/a 57 Refining 283 43 Va 48 14% Preferred A called' 48 43 109 *18% No par preferred— non-cum Atlantic 48 *107% 109 _10 A T F Inc- 12 68 103% _10 15% May 18 Dec 19 115 108 21% Jun 73 19% 19 115 108 10% July 13 Jan 19% 18% 117 *106 Atch 19 193/8 *115 100 2 47 30% 19'/a 100 Associates Jun 106 1 500 preferred 1st 2 17% July 27 41 Jan 13 32% Dry Goods common par 2nd preferred Jan 15 preferred—No $1.20 cum conv 293/4 293/4 , 139 140 137 141% 1,900 Powder— ' - 15 4% 13% Dec 105 Sep 100 20% Jan 15 Feb 7 3/4 Sep Feb 153% Dec 110 Feb 4% Jan 8 Jun 10% Nov 5' Feb 2 July 115% Oct 30* 143/4 jun 29 Atlas 8 '/a Apr Apr 18 53% Apr 18 4% Jun 71/2 Jan Jun 44% Jan 37% Jan 4 9 Vb Corp Nichols ' pref Co__' Autocar ($1.20), > » ?' __5c preferred— conv 13 No par —; 26 8% 8J/2 1515% 7y« (The) common,.._3 Mfg Corp $2.25 *25% No par Canteen Co of Amer„_5 Automatic Avco •' *112% 114 100 —No par common Conv prior 12 34% convertible pfd ser A Tack Austin 25 143/4 Jan (voting) common 4% 17 8% Aug 8 16 Feb 28 29 ' 5% Jun 10 % July 11' 5% Jan 3 17% Mar 2 Oct 26 7 6% Jun New 73/8 13% 73/4 *46% ' 48 *14 No par 7% 112 112 111 111 '111 26 *25 112% 113 *112 100 ' 15% *15% 7% 8% 15% -15% 8% 153;, 25 Va *15 Va 8% 4,000 *15% 16 7% 7% 7'A 7Va 7% 13% 13% 13% 13% 14% 7% *47 7% '47% 48 7% 16 300 7% 3,800 14 14 4,200 • 8 48% 73i 7% 600 8% ~ 7% 47 25% 8% 26 8% 13% 13 47 25% 8% 15% 7% 73/8 13 26 7% % 7% 8 47% 473/8 473/4 8 50,300 500 48 3/a B lb Nov Jun 12% Jan 9% July 7% Jun 113% jan 9 t Jun Jan Jun 22 Va 14% Jun 25 ; Jan 60 % Jun 72 ; July 38. Jun 53 Dec 15 Sep 21% Jan 36 Jun 41 14% Mar 343% Oct 29 173/4 Feb Oct 14% Jan 9 %Jun 39 33% Jan 8 26 4% % 29 % Jun 29 98 Feb 9 15 Vb Mar 26 29 V4 Oct 30 29 % Oct 20 Oct 2 21 Jun 74 Jan 3 May 11 90 86% Nov Jun 10% Jan 73/4 Feb 7 27 % Jun 32% Feb 29% Jan 12 30V2 Jun 7 Mar 11% Jun 16 Feb 13% Jan 3 10% Feb 16% Jun 12% Feb I 11% Jun 17 Feb 12% Jan 4 85 Oct 98 100 3/4 Oct Mar 6% 373/8 Apr 11 21% ' Feb 13 9 Va Jab 4 x85 Beck 5 Beech-Nut Packing 17 Oct 19 13 Bell 18 Bell Aircraft 4%% Bendix Aviation 16 Bendix Home May 15 Best Foods 31% Apr 20 30% Jan 13 139% Jan 21 Oct Cum 19 151% Aug 21 Oct 22 30 3 ' 30% Jan 10% Jun 15% Nov 13% Jun 83/s Jun 14% Dec 11% Jun 15 18% Jun 25 % Apr 34 27 17% Oct 5 Dec 13% Jan 4 253A Mar 22% Jan Aug 27 Bohn Jan 43% Aug 60 Bon Jan 19 Va July 51 Dec 59% 1 14'A July 3 12 Vs July 13 45 Dec 55 Feb Dec 2% Jan 97% Apr 1% Jan 30 8% Mar Jan 73/4 Feb 20 Jun Apr 73A Mar 10 32 Jan Nov 27% July 13 25% July 14 33 Jan 13Va 12% Dec Dec 24 Dec 193/4 Feb 7Va Dec 40 Jun 120 Dec 125 23 % Mar 24 20 313/4 July 13 483/4 Sep 26 10 July 12 36 % Mar 100 Feb 2 16 18% July 14 15% July 17 Mar 49%. Oct 7 20 July 10 25% Feb 20 Vb Jan 27 20 40 20 ' 133/4 Apr 193A Dec 31% July 3 17% Mar 30 May 95 Nov 91 July Jun 91 Dec 80 Mar 29 Apr 84 Jun 16 3/a Dec Jan Jun 82% Jan 4 27 3 18 12% July 13 7 Jun 9 May x973A Jun 122 Dec 108% July 12 6% Jun Dec 8% July 12 Feb 82 4% Mar Jun Jun Jun 24% 8 3% Jan Jan xl7 101 Jani x21 26 % Mar 31 69% Mar Dec 105 30 34 31 31% 16 ' 7 126 Oct ■ $5 (The) 19% *99% 100% 100% 100 *99 Va 100 Va 10 47% 48 48 48% 48 48% 43 Va 49 48% 43 VB 12,600 14'A 14% 14% 14% 14% 14% 15% 15% 15% 15 VB 15% 6,100 23'A 233/8 23% 23% 23% 23% 23 3 a 23% 23% 83 82 82 82 82 83 83 l3/8 29 36% 433/8 149 29 173/8 Buffalo 23% May 22 100% *100 Bulova 20 * 1% 1% 1% 1% 28% 28% 28% 28% 35% 36% 253/4 Sep 25 100% Aug 17 102 Sep 20 92% July 25 preferred 28 3/4 283A 28% *17% 17 3/8 17'A AND conv 3%% ' ' 7 July 12 Sep 15 10? Sep 24% Jan % .Ton 10 13 5 2* Apr 26 27 Oct 5 4%% Butte Copper Jackson Byron 1,100 5,000 - Friday 400 Sales for ( the Week Oct. 20 Oct. 19 $ per share $ per share Shares 34 33% 34 33 Va 34 16% 17% 16 Va 17 Vb 16% 16% 22,500 12% 34 13% 13 13% 13'A 133/a 7,000 *33% 700 17% 17% 17% 17 % 17% 17'A 17% 1,700 35% 36 36 37% 37% 38% 37 Va 37% 40,500 28% 28% 28% 29 29% 29% 29% 29% 29% 4,609 48 46% 48 47 47% 46% 47% 47 47% 47 Va 47 % 153/4 153/a 15% 153/8 15 % 153/a 15% 15% 15'A 15 15 'A 16 15% 16'A 16% 16% 16% 17% 17 17% 16% 17 50% 50% 50% 50% 50% 50% 50% 50% 503,4 50%- 50% 69 y4 101 2% 253/8 9 25 67 % 68 67 34 101 ♦100 23A *100 2% 2% * 25% 25 8 3/4 9 25 Vb 68% 68% 100% *100% 2% 2% 25% 9 93a *24 24 % ♦24 . 24% 17 Va , 68 68% 101 * 100 Va 17 % 68 3/4 101 9'A 2% 23-4 25 Va 25 2% *25% , % 673/4 *100'/a 25% 9% 9% 25 *24 *24 *102 12 32% 28% 27 V4 700 540 41,100 3,960 693/4 9,000 101 9% 23/4 23-4 25% : 25% 1,000 9% 6,900 9'A 25 2,000 243/4 *24 103y4 11% 12 12 12% 12 12% 12 y8 12% 12 Va 12% 6,500 31% 32% 32 32% 32 % 32% 31% 32% 31'/a 31% 11,000 28% 28'/4 28% 28% 28 7 28 Va 28 3A 28 34 233/4 28% 1,000 7,100 27 Va 27% 27 103'A *102 *102 273/8 103 a 27'A 103 *36% 363A 36'A 36% 36% 36% 36 V4 49y2 49»/2 50 50 50 50 50 % 27% 27% 27% 27 Va *102% 1033A *103 Va 103% 200 36 36 A 2,200 27% 103 36 % 35 36 V8 50% 50 3 8 800 12% 12%" 12% 12% 13% 13% 13% 13% 13'A 13% 20,600 47% 47% 47% 47% 47% *48 48% 48 4o 49 4 9'/a *101 "A 21% 18'A 103% 213/4 *101 % 103 % 103% *101 103% *101 '101 103% 213A 22 % *123 V4 • 124 12y2 *47 18% 18 Vs 18% *101 22% 18 22% 18% 13% 22% *49 Va 50'A 21 % 22% 18 Va 50 Va 103% 22% 21% 600 3,loo 21% 5,000 124 16% 16 % 16 3/4 16% 17 16 % 17% 16% 17% 16% 18% 94,100 *93% 94% 93% 94'A 94 94 94 Va 94% 94% 95 95 95 Va 2,200 *38y2 39y2 *22% - Vb *123% 16% ; 223/4 37 24'/a 37 *123 % 124 39 39 % 39% 22% 223A 223/8 22% *36% 36% 37 37 *38 24 % 233A 24% 99 98 99 *97 98V2 98% *84 88 - *39 18% 124 40 * 123 % *39 17% 18% 125 18 126 *124 20 40 40 22 V4 22% 22% 37% 37% 33 40 900 ' *97 V2 ' 18 Va 124 22% *37 22% 37% 22% 37% 24 24% 99 99 *98 99 93 % *96 % 98% *36 88 *84 88 *84 24% 24% 24% 24% 98% 99 24% 9,900 - 24% ' 1,400 11,500 320 93 ' J 133/4 133/4 *84 13% 98'A *96% 88 *84 13% 13% 13% 13% 14 13% 9 9 9 9 9 9 x9 9 9 123 123 121 121 *120 125 *121 124 *121 13 Co 17 Thursday Oct. 18 $ per share 1 Zinc & Wednesday - 15 *85% • 5 Byers Co ( AM) common..._No par participating preferred—.100 29% 17 - par 100 28 Va 17% PRICES preferred—i00 preferred 29 % 35% 11% 32% 28% 27 Va ' 100 common...... 5,200 65,900 151 17% 9 • loo Bldg 7% 36 45% 45 *149 3/4 28 % *24 V2 1 Terminal—..J 46 35 V8 *25V4 " —.5 Bush 29 *16% 35 3/4 36% 150 Va 17% 2% 100 Bush 44 149 % 29 68 „_5 5 5,400 35% • *100" 1 1 30 % 50% 15 common 29% 15% .No par prefe'iTed——100 *33% 29% 4,900 48 *15y4 * .2.50 9 % Jan 86% Oct Tuesday $ per share 24,600 353/8 *28% No par Apr 20 14% Oct-20 13 17% SALE 300 1% 86 *17'/4 5 Burroughs Adding Machine..No Bros 29% *163/4 13% 3 Term 28% 17% 16% preferred Butler 44% 149% 283'4 86 % 1% 35% 36% 43% 12% Inc.— 2nd 36 V8 23 Va 1% 28% 29 149 % 23% *83 Va 1% *83 1% 44% Oct. 17 Oct. 16 1% 149% 16 153/4 May 125 Monday I per share 100 28 % HIGH 43% 149 13 — 3V2% . 36% 433/a 148% 16% No par — Co Burlington Mills Corp 4% 36 42% 148% 13 Co..__... Co Watch *100 16 —„No par Forge Bullard 38 Oct 9 per share —100 preferred *19 48'A 13'A No par 19% 2,000 1003/4 29 .2.50 Co common 2,vj00 20% 19% 163/8 Bucyrus Erie Co common 7% preferred'.... —: 2,700 15% 20 % *17 Boston & Maine RR (assented)—100 Budd 203^ 20% 19 16'A common 1,500 20% 16% 19% 42% 15 Inc 17 16% *148V2 No par Co 17 19% *13'/a 40 17 16% 367A 1 ,2.50 preferred 10 31% 20% 33% 5 3,900 30% 18% 33% Co 10% 31 20% *28% No. par Bearing Airways Inc. 91'/a 32 31 18% l3/8 5 Roller 10 % *31% 20% 33% (The) *89 Va 10% 32 18% *333/8 ,__1 91 % *31% 20% No par A 2,700 183/4 23'A par Brass 29 Va 163/8 Oct. 14 Inc.— 29 20% 1 & 28 16% Saturday Co. 50 7,800 10% 31% 16 1,300 29 % *89% 10% 32 30% 31% 106 2734 16 *81 preferred No par Brunswick-Balke-Collender.—No par 95 Vb Oct 17 Feb 10 Vs> 32 31% *105 *26% 91% 10% 32 31% 105 273/a 25% 14% Par — 105 48 $3.00 11 10% *31% 32 LOW Inc Shoe *89% 10% 31% 31 31 38 *100 k pesos Mfg Co.——No 30% 105 18% STOCK class Co Co Brown 3 34% Jan 20% 14 104 74% Jan Jan Jun 3034 *103% ;,3 16% _1 Brooklyn Union Gas com 5% cum conv preferred Brown & Bigelow 14 l Dec 17 Jun 12 Dec 98% 53 Oct 18% - 44% May 17 *37% 38 20 % 3 33V3C Co Stores 33A% ; Jun 36 3 18 18% Jun 35 3/a 60 105V2 Jan 3 11% 30% com.—No par Briggs & Stratton Bristol-Myers Co common 26 Feb 13% 12 29% May 19 29% Jan 6 12% Jan Jun 77 31% Brewing Corp of America ,_15 Bridgeport Brass Co —No par Briggs Manufacturing Corp..No par 123/4 Aug 14 36 V4 Jun Ami Bower 121% Jim 12% 70% 91 % 31 104 303/4 104 *303/4 1 Laughlin Braniff 26 Dec ♦ 30'A 10% Borg-Warner Corp common.— 5 3 % % preferred ————,100 , Sep 29% 73 * 76 613/a July 26 Va Jun *89% * 100 Airplane Borden 13% Jun 2,200 100 Class B 73% May 26 32% Jan 29% Jun 2,800 11 *31% L: Aluminum Bond 101 14 Jun Apr 4 27 Jun 100 19 Aug 4 33/4 July 27 253/, Sep 5 10% Aug 1 20 Va Dec 12 513/4 Apr 1 21'/a Dec 10 17% Oct 15 98% Jan x243/8 Jan July 17 22 % July 28 15'A & Boeing 32% 1023A 21% 10% 5 Co Bliss 5 19 64 Jan 20% 11 103/8 —' YORK (E W) 13 Nov Jan 21% 11 1 Carpet Electric Co Blaw-Knox Bliss 38% Oct Aug Aug 95 21 VA 11 10 Miniiig Co..18 Decker & 3114 Sep 133/a "9 Black 3 18 29% Mar 21% 10% No par, 223A Mar 25 50 39 20 3A 10% No par Jan 105% 21% 10% 31 Va ' 18 143/4 Jan Jun Jan 21 10% EXCHANGE 27 Jun Jan 37% 20% 10'% Birmingham 7 9% Oct 37% 203/4 103/4 10% Co— NEW Oct 26 17% 21 183A 38 21 '/a *31% ... $ per share 30 38 —1 ! (Del) 100 10% ...10 Co.. — '*37% 1,500 *203/4 ' pfd $3.25 ser of 1946.No par Highest Jun 25% *37% 26'A *37'/a Bigelow-Sanford Range Since Jan. 1 Lowest $ per share 22 »/8 98 *37% 4 par STOCKS $ per share 9 3/8 1,800 preferred 1% 2 17% Jun July 13 9% Jan Highest Jun 19% Indus Loan common.,. 10 Beneficial 3 Range for Previous 6V2 19 3/a ,__50 Appliance. Bethlehem Steel 47% 19% common preferred 523/4 Aug 31 46 Jun 19% Corp—; Howell Co & 39% May 26 Jan 19% 1 Belding-Heminway Sep & 6Va 18% *89% Best 25 Va 19% 91% 20 '• 19% *25 3 a 1 RR——— 30% Oct 1% Mar 18% 91 % S) (A Creek 25% July 14 Apr 91% May 18% *89% Shoe Feb 42% 19 Beech Aircraft Corp..— Beech 23% 383/8 Mar 19 26% 1 Benguet Consol k 4,700 pfd—No par 4aA% pfd 100 6 11 Year 1949 53 common.—2.50 32 % Feb 23 Lowest 52 27 Feb I per share 53% 26 % 2% Jan 23 52% 26% 90 11% Mar 52% 26 26% May 31% Mar 51% 26% 12 Jun 51% 26 Vb 26 Oct 50% conv cum Sep 9 51 % 26y2 div $1.50 Jun 22 % 51 25 7,a 1 Dec 51 104 % 81 Dec 51 25% 20% July 27 Jan 70 Va 104 % Dec • 70 25% Noy 33% 71 25% 23/4 July, 27% Oct 36 25 7 25% 85 141 34% 71 25% 27% Jun 33 25% 70 26 Jan Jun 33% 26% 70 105 Dec May 33% 253/4 71 303/4 Feb 25 33% 26 71 *25'/2 1% 23% 16,600 33% 26 *103% Inc 73 % 129% 33% 33% 32% 12.50 Mills 193/4 Oct 10 34% Jan Jan 33 1,100 26 33V2 convertible preferred-^-lOO 33/a% 21 • 85,000 14'A 72 33% ' 50 34% Jan July 13 Dec Mar Jun 6% 28 19,200 15% 14% 253/4 No 12% Aug . 13% 15% 72 Corp Inc.. Cigars Beaunit 5 26 69 Works Iron Bayuk 20 108 13% 16% 10 Beatrice Foods Co common. Dec Jan 14 15% 26 preferred —' Bath Dec 20 % 14% 13% 16% 72 common— 34% May 17 30 14'A 14% 15% ^_10 (Delaware) Corp 25% July 26 13% Jan 9 3 Jan 14%' 13% 16 25% Brothers Aug 29 20% Feb 14 14% 15% 72 preferred——100 non-cum Barker 15% 101 4% Oil 173/4 Feb 11 Barber Feb Nov 15% 55 Jun Nov 12% 13% 15% Bangor & Aroostook common—_50 Convertible 5% preferred „100 15% July 12 36% Jun 27 14% 14 15% 14 137/a 153/a 13: 39 % July 14% 14 14 14% 137/a 74% Aug 17 9% 26% 1 13 100 Works Locomotive ' 11 Oct 28 3 Inc _J.—: 1, tB Baldwin Baltimore & Onio common 12 Apr 11 y« 87% Babbitt 25 15% Aug 3 16% Oct 19 5 27 Jun 17% Jun 63 153/, Jan July 28 15 8% *13 6 V 13 y8 87 6 21% *1013/4 No par 2iy2 102y2 *25y2 26 123/4 *85% 6 13% 13% 13% 13 V8 13% 87 84% 85% 85 % 85 % 13% *85 9tVa *32 14% 9 Va 123 14% 86 % 98 500 87 1334 9 Va 121 Va 14% 14 19,200 9% 122 '2,100 90 14% 30,300 36 Va *85 80 6% 6 Va 63/a 6% 63/8 6 % 6% 6'A 6% 8,100 21% 21% 21% 21% 21 Va 21% 21% 21% 21% 21% 3,700 102% 102% *25% 25% 103 103 25% 26 *103 104% 25% 26 *103 104 V2 103% 20 26 26 25! 2 25% 1,600 '103 C 30 Feb 52 36% Dec 34 Va Feb 5 52 Sep 18 50% Aug 11 J % Feb 8 55 Jan 26 3 Sep 12 May 58 Apr 1 Jun 2 Oct 3% Jun 5% Jan 16% Jun 22 V4 Jan 9% Jan 12% Feb 98 Sep 35% Jun 16% 10% Jan 21 Jun 15% 40% 109% Mar Jan Mar For 27 8% July 13 7% Aug 24 24% Sep 12yaFeb 1 Zinc-Lead Calumet & Hecla Cons Copper Campbell W & C Foundry 5 43% Oct 9 Oct 17 Jun 29 20y4Feb 15 Canadian Breweries Dec 13% Mar 30 20% Oct 2 Canadian Pacific 58 9 Cannon Dec 1634 Dec Nov see page 43% Apr 3 14% July 13 52 22. Sep 14 Oct ' Canada Dry Ginger Ale com..1.66% Jan Feb 5 22 July 14 106 47y8 A 1 2s 94 56% footnotes 28 Callahan 40 51 1 Feb 5% Packing common—No par preferred • —50 May 41 12% Mar 50 4 17% Jun California 28 18'4Jun 57% May 15 $4.25 preferred— Canada Southern Ry- Co conv Mills: Ltd Ry ;—: No par $3 preferred A 47% 48 49% 49% 49% 49% 49 Va 49 % 52% 52% 52% *52% 53% *5234 53 % 52 3A 52-,4 40 2% 2% 2 Va 2% 2% 2% 2% 2% 2% 2% 9,900 6% 6% 6 3A 7 6% 7% 7 7% 7 7 Va 7% 7% 18,100 23 y4 22% 23 10V2 100 10% 100 23 10% 10% 10% 99% 99% 100% 23% 11 100 Va 23% 23% 10% 11 >100% 101 23 Va 10% 101 23%' 11 Va. 101% 23% 10% 101 Va "2,700 11 16,500 *42 - 43" *42 43 *42 43 43 42 42 19% ♦18 3/4 193's *18% 19% 19% 19 % 19% 19% 19 3a 19% 191/4 19y2 19 19 V* 19% 19 Va 19% 19% 19% 19% 19 3 57 V2 563/4 57 56% *55 V2 19% 56% 17% *17% 18 18 54 54 54 *56 *- *56 563A *17 18 17 17 17% 17% *53 54 V2 53% 53% 53 53 '42 *56 17 V2 *53 54 '41 *55% 2,800 2334 101 Va *18% No par 10 4734 -52% 2'/a *99 No par Capital Admin class A common...1 *47% 53 V2 *23 _No par 25 471/2 *52% 2'A 43 450 10 500 8 41,900 56% 400 18 600 54 110 Volume 172 Number 4953 . , . The Commercial and Financial Chronicle (1541) NEW Range for Previous 5'A Range Since Jan. Lowest Highest $ per share $ per share Feb 93% 87a Jan Oct 14 , 100 Jun 26% 108 Jan 2572 Jun Dec 131 Jan Carpenter Carrier Carriers Sep 34'% July 25 Nov x77a Mar 13 10 % Jun Jan 3 32'% Jan 27 103 7a Oct 18 Jun 377a Dec 104'% Dec Apr 343A Dec 97 Apr 1051/2 Dec 1047a Jan 3 X114 Jun 132'A Dec 13074 Jan 13 29% Mar 21 263/4 Jan Jun 183A Jan 13'A July 13 15'% July 14 Jun 17 Jan 15 , 7'A May 3 113A Mar Jun 12 3% Foundry Co.— of 5% Jun 97a 1101% Feb 9 Feb 25 Oct 3 12 July 27 137a Oct 1278 Jan 8'% Dec Jan .6% July 14 17% Mar 30 16'% Dec 313A Nov 3 11% July 26 25'% July 12 31'% Dec 30'% Jan 3 98 3% Dec 98 5 9'% Dec .71/2 Mar 29 28'A Jan 24 Nov 343/4 Jan 25 July Nov 85 Feb 76 Jun 4'A Feb 15 . Jun 5'% Aug 17'% July 77 . 3'% Jun 8 Jun 9 , Feb 5'% Jan 12 May 14 ; Dec Jan 16% Mar 1 24 Sep 12' 9% Oct 20 Central Violeta Sugar Century Ribbon Mills Cerro 29 Certain-Teed •>1% Oct 20 Chain 46 % Oct 7 26 5 33% Oct 18 30 86% Apr 3 12 18 3'%% Chie Oct 20 15 Va Apr 10 19% Oct 19 3 32% Oct 19 ' 5 3 7'A Feb 13'A Dec 10'A July 12 11% Jan 13 127a Jun 207a Nov 19'A Jan 5'/a Jun 10 Jan 73A Jan 3 13 % Oct 3- Jun 572 Jan 4 Jan 5 8 % Aug 7'% Jan 13 Jun 4% 8% Jan 13 17% Oct 343A Dec 277a Mar 30 46% Oct 15 Jan 11 3 19 11 , Jan Oct 24 Dec 36'A Jan 273% Jan 3 42% Oct Jun 2972 Mar 26'% Jun 30 36% Oct 20 49'A Jun 25'% Jun 56 3% Jun xl3 2 5372 Jan 17 61 Sep 26 47% Sep 22 Chic Dec 77 Nov 11'A July 26 133/4 Jan 4 Jan 5'/a Jan 374 Feb 14 Jan 453A Jan 3 30'% Dec 36 Jan 293/4 July 19 447a Jun 68'A Dec 62'% July 13 88 % Mar 17 13% Apr 19 19 St Conv Chicago Sep 11 Chickasha 22 Childs Oct 7 42% Sep 84% Oct 26 9 572 70 Lowest $ per share 26'A Apr 323/8 105'% Sep x20 Feb 29'A 27'% July 26 103'A July Dec 42'% Jpn 593A Feb 8 3A 26 Dec 6 3% Dec Jan 3 24 42 A July 26 6'A Jun 30 34% Feb 109% Mar 34 Aug 24 4 3 68% Mar 22 8% Jan 14 Jun 86 Sep 82 3 93 Jan May 12 34% Dec Mar 193% Oct 28Ve July 10 16'% Feb 16 34 Jun Jun 30'% 85 Jan Jan 24 Mar Mar 11 20% 105 11272 Jun Jun 28'% Dec Jan 108 36 Oct 5 150 Sep 19 85 Oct 17 38% July 26 xl08 Sep 6 23% July 13 106% Sep 1 62% Jan 3 Aug 23 1 Jun 72 Dec Oct 108 43'% 20% Jun 15 Mar 30 138 367a Mar 47% May 112% Mar 30% Oct 8 4 73 Feb 72 Mar 25 43 Jan 37 Jan 4 43 Mar 14 15'A Jan 12% Jan 3 23% Oct 35% Dec Dec 105'A Dec 3% July 5% Jan 0% Feb 133 July AY2 Sep 3% July 11 22 Mar 27 1075 Jan 134% July 27 70% July 17 Jun 172 Sep 119 Jan 70'A 12472 x Jun 1075 Jan Nov 29% Feb 89 .2'% Jan 43 7a 100 xl3% Feb 173/4 Jun 19 5% Jan 5 30 % Oct 18 143 165 1000 14% July 17 14% Mar 30 Jan 12,7a 112% Mar 16 July 31 37% July 17 96% Sep 26 Dec Jan 7 37% Mar 15 July 13 22 974 Dec Feb 83% Oct Jan 18 4 3 Sep 28 46% Oct 4 101% May 22 Oct 10 23% Oct 6 18% Oct 15 ; 77a Jun" Jun - C C 16 19'A Oct 19 19% Jan 16% Feb 15; 23% Oct 19 177a Dec 16 Jan 13 •8 74 Jun 17% Dec 16% Jan 13 7% Jun 163/4 32% May 27 35% May 26 Dec 15% Jan 13 33% Jun 9 Corp ... & Pitts 4% Clinton Foods 472% Inc cum Clopay 7% 2nd cum Co Collins & Aikman Colo Fuel & "When 5% 4% July 12 July 26 Gas Pictures 32i% Oct 30% Jun 39 Oct 18 22i% Sep 19 11 July 11 29 July 26 22% Mar 6 36 9 Columbus 27% Dec 60'/a Dec 67% Jun 1 13% Commercial Jun 24% Apr 26 45% July 25 20% Dec 15% July 5 21% Jan 3 Commercial 27% Sep 6 Oct 8 7/8 872 40% Oct 106% July 19 $5 Cons 23% July 26 27% Jun 19 112% Sep 28 105% Sep 26 10% July 13 117% Apr 12 12% Jan Sep 38,'A Jun 46 74 Mar 1174 Feb * 9% July 5 40% July 28 217a 15 10 Jun 12% Mar Jan Jun 27 10% July 13 9% Mar 8 Dec Apr' 10% Jan May 29 25 July 12 ' 32 Oct 108% May 24 14% Sep 25 28 47% Feb 6 24% Oct 11 13% Aug 16 17% Sep 22 of 31 31% 31% 3172 32% 33 333/a 33 33'A 83% *82 7a 8372 8372 8372 84 84 84 84 11% 1074 1072 10% 11 10% 11 103/4 11'A 17% 17 1774 177a 1774 177a 17% ,17'A 17% 12% 31 12% 12% 13 74 13% 13% 13% 18% 18% 18% 19 19 19% 19 19'A 31% 187/8 31% 18% 317/a 31% 32 32 32'% 32 32 % 7,300 13% 12% 13 7a 13 13 1374 137a 13'% ■» 13'A 13'% 5,700 73% 2,400 16'% 16% 52,300 , 45 5% 46 17,200 4 3®2 Oct 17 75% 7% 17% 16% l67/8 167/8 1774 16% 17 74 165% 17'% 46% 45% 46 74 46 46% 45% 4674 45% 46% $4.50 111 $4.52 Dec 38% Jan 3 Nov 101% Jan 11 Dec 14% Apr 24 Dec 88 Dec Dec Dec July 28 30% July 25 102% Feb 8 3 Jan 4 63% Sep 28 7% 7% . 7% 106 Mar 15 19% Jan 100 24 Jan 24 41% Jun 23 107% July 19 4% 18% 17% 18% 18% 18 74 18% 18 183% 41% 40% 4174 41% 42% 42 42% 41% 42 3/4 41'% 423% 34% 34% 34% 34% 34% 36 35% 36 353% 36 5/8 56% 56% 56% 577a 57% *57% 58 58 58 46'A. 453% 467a 16,100 8474 84 841% 2,400 44% 457a 44% 4574 45 45% 45 85 8572 847a 85 84 84 83% 40 797a 7 7372 74% 74 31'A 105 31% 31V2 ; 3072 31 % 49% '■>- 50 AND HIGH 3% 79% SALE 30'/2 *12'% 17 18% 31 12% 80% *12'% 17 *39 42 6 5% 400 1,200 300 6 3/4 9,800 74 42 7874 200 30 795% 73,800 317a Thursday Sales for Friday Oct. 19 $ per share Oct. 20 S per share 31'A 31'% 31'A 105»/2 105'A r 105'A the Week $ per share 31 105 Shares 313A 8,500 105 1053/4 313/4 32'A 32 32 72-' 32'% 32'% 3272 32'% 7 49 3A 4874 1053/4 32 - 5,700 12% *39 80 12,600 .17 74 42 79 17' 15,000 " , PRICES Wednesday Oct. 18 Sper share 105 72 32- *40 807a Tuesday 3174 " 105 41 Oct. 17 $ per share 105 % 74 79% Oct. 16 $ per share 75 *39 Monday 35 35 *140 160 *78 « 85 49% 50'A 50 50 3/4 50'A 51 495% 503% 80 4274 *109% 3074 *30 *107 29% *107 108 xl8 35 35 *140- 42% 42% *109% 110 1 353A 160 *140 85 85 l 105 »/2 427a 35% *140 *85 42 74 30 4272 1093/4 110 108 36 160 85 . 1093/4 29% *107 30% 108 50 *7072 71 71 71 71 *40 41 41 41 *41 42 23 32% 22% 23% 10674 *105% 227/8 1 32% 1 10674 3% No par 29 72 *135% 137 ,100 *8174 32% 83 128 No par 126 * *1050 4474 *9872 • 220 2,400 f 17,600 18 par 33 33'A 106% 1063/4 33% 107 3% 33A 33A 29% 29% 293A 29% *8174 137 137 137 *8174 8274 131 12972 >1050 30 3/4 701/4. 42 109% 30 'A *107 .' 23% 333/4 ,70'A *41 23 33 72 107'% 107 *140., *85 413%. 41 109% *10972 303% 30'A 108 120 41'% 30 30'A 70'A ,*70 ; *41 2,900 71 42 42 233% 33 aA 223A 3% 30'% 137 c, 40 21,300 " , 33% 34 109 33/4 30 690 47a- *136 *82 823/4 *82 83 129 1293/4 128 129 *136 4,900 5,700 ■ 30'% 82 *1050 "70 233% *108'% 108 3'% 293/4 *1050 5,200 110 > 108 3% 1293/4 10 90 137 82 129 2,100 160 *107 30'/a 3% 30 137 81% 131 *1050 44 33% 107 3% 297a 129 22% 85 41 108 7074 37/8 *135% 30 160 85 J 110 35s% 35=% *140 8572 4174 *41, 23% 35% 36 160 71% 89'% 5,800 137 90 100 . 3,700 . >1000 44% 44'A 44% 44% 44% ; .4574 45 % x443A 45'A 9972 *9872 9972 98 72 9872 *9872 9972 *98'% 991% *98'% 991% 21% 18% 21 No par 23 x41 «>109% *107 71 50 gtd 2072 20% 19 203A 20 20 20 7a 19'A 191% 18 18% 18% 18% 18% 19 193/4 133/4 19'A 13% 19 4,474 4,900 : 10 7,800 23,100 18% 18% 183/4 18% 18% 19'A 183A 19 22% 22% 23 23% 2374 23»/2 23'A 233/4 23'A 23% 2774 29 72 *2674 27 27 27 27% 27% 27'A 27'A 26 263A 280 880 100 *29 %3% / 3,700 ' ' 3,200 2872 2872 29 29 2872 28'% 28'% 2872 23'% 29 2874 28 74 28 2872 28 283/4 28 283A 28 28 29 29 2.50 35% 36% 35% 37 353% 36% 3572 36 34% 357a 8,900 36 % 36% 3672 3572 2.50 3572 36 3674 3672 35'% 35% 35% 35% 35 35'% 4,100 12% 14 *7072 123A 12% Xl2% 12% 13% 14 13% 14 72 72 70 70'% 38 38'A 38% 39 19% 19'A 19% 19'A 100 No par Co.. 38 1974 5 12% 12% 14'% 73 38 13% *7072 3772 19% HHBWKLmS ' 19% 12% 14 72 72 *7072 38 12% 540 12% 25,200 13% 1374 137a 6,000 71 71 71 38'% 39 38'% 387a 4,000 19% 19 72 19% 19% 19'% 6,700 34% 8,000 12'% 13% *70 12% 500 Jk ;No pai 10 34 50% 34 32% 333A 3374 34 74 34 74 34% 33% 34i% 333/4 51% 507a 51% 51% 523/4 513A 52 51 52'A 30'% 51'% 12,800 No par 19% 19% 19% 193/4 19% 20 19% 207a 193/4 20 7a 193/4 20 12,600 28 287a 28'A 28 2874 27% 28 19,900 Co. —25 9% 9% 24% 25 32 74 3274 4% 4% 28% 28% *10772 108 No par 5 No par com 247a No par B 15 100 Inc - Continental Insurance 10 10 10'A 9'% 10 4,900 25 24% 25 243A 25 5,400 31% 313/4 *3172 323/4 31'% 31'% 32% 32 32 4% 4% 4% 51/8 28% 28% 2872 28% *10772 107% 107% 2474 24% 243/a 11372 108 *32'A 400 57a 5 28'% 107% 57a 574 57a 53% 17,800 28% 28% 28% 283% 283A 20,600 13 72 24 *112% 11372 24 107'% 107% 1077a 1077a 24'% 24'A 108 243% 24 24'% *. 1,400 12,500 11372 1123A 113 *112% 113'% *1123% 1131% 1067a 1063/4 106'% 1067a *106'% 106% *106'% 106 3/4 20 13% 133/4 14% 14 14% 14 14'A 14 147a 3,900 *10 10 7a 10 10 10 107a 10 10 10 10 4672 46 4672 4674 46'A 46 4672 46 46'A 46'A 46'A 1,400 23% 22% 23 7a 223A 2374 22% 22% 20% 213% 20 20% 10,500 13 1272 1272 12% 13 12% 12% 12 % 123% 12% 125% 1,200 13% * 1372 * 270 800 13% 13'% 15% 16 15% 16 15% 16 16 1672 16'% 16'% 16'% 16'A 27,700 30% 30% 30% 30 'A 3072 30 3/4 30% 303A 30'% 30% 30 3% 30'% 22,700 276,000 74 *108% *104 *104 3z No par No par 20 • 16% *9574 « 13% % 111 111 *10872 109 61% 62% —. common—20 36% ' 105 16% 96% 37% 110% 61% 13% 1/4 1/4 1117a 109 613/4 105 133/4 133/4 13 % 137a 4,600 74 3®2 110% 111 111 111 1103% 111 110'% 111 7a *108% 109 108'% 108'% 1083% 1083% 108'A 108'A 380 613A 623% 61'% 62'% 5,300 613/B 104 32 62'A 104 104 104 r'A 13'% *104 32 62 105 62 1041% 1,120 105 50 3,700 16% 17 177a 1774 17'% 17'A 17 177a 163% 17 9574 96% 96 96 96'A 96'A 96 3% 96'% 963% 9 6 3% 180 377a 20,300 3672 *104 3774 105 36% *104 37 105 3774 383% 373/4 38'A 37% No par preferred 11 9% 1 No par preferred 78% Jan 27% 24% No par Inc.—10c —100 Diamond 74 9% 24% 1063/4 22% *12 74 1 Corp of America com Continental 28 9% 24% *1372 13% 10 74 *45% 5 pfd com 11 28 9% 2472 1067a 13% *10 1.3373 Aircraft.. 11 'A Oct 2874 9% 247s 11372 11372 *10678 106% 100 100 Stores Co 28 24 7a Co Corp 6% Inc 18 7a 237a *2.6% No par series Cuba 18% 23 100 No par Inc Elec 50% July 13 18% 45% *56 57% 40 20 July 17 22. 18 72 77% —.No par Pwr Retail Can 73% 34% 80 Continental Baking Co com__No par $3.75 7% 2,000 — Continental 7% 9,900 357a preferred $5.50 7% 1372 1,400 preferred preferred—. Container 1374 18 series C Rights 113% May 12 15 13i% *7% 16% 41 No par & Textile 108 13% 18 common. Vultee 110% Mar 30 5,700 28,000 31% 100 Y Consolidated Dec Sep of N Consolidated Dec 18 19'/a 78 72 No par Consumers Power Co 1107a 600 12,800 17% , 17% Co 17% July 26 II3V4 62,400 11 17% Consolidated Natural Gas Apr 33'% .86 10% 18'A Laundries Corp.. Apr 323/4 *84'%' 300 32% 137a 7% 13'A 20 42'% 17% Consolidated 103'% *32 41'% 18 7a Grocers 105'% *40 2.600 18 72 preferred 36 Mar 16 41 .9 18% Co 472% RR of 407/8 *8 3A 8'% 1,600 106 18 '% Consolidated Consolidated 407/8 8'% 31i/2 45'% *105 " 18 V2 Inc Gas Elec Lt Consol 8% 313% 45 45% 106 *10% —100 Edison Preferred 4% 45'A *105 3,100 preferred Preferred *31 . 8% 7/8 *39% *40 - Publishing Co___No par Baltimore 31 45% 105 31 Solvents Consol Edison 31 4574 105 73% Coppermines Corp 5% Aug 21 33% May 19 109% Mar 18 3% Feb 19,700 1,100 31 Consolidated 15 26% July 12 15'% *88'% Cigar Dec 14'% 7% Consolidated Jan 14% 31'% 89'% 6 4% 14% 30% 41 293% 8 13,400 7% 25% July 13 page 8% *39% 26'A 30% Dec see 9Va 40% 25'% 8972 343/4 Jun 307/8 26'A 14% 45% 106 25 3A 15 7a 7'A Feb Feb 45% >105 2674' 89 72 25% 2% 3072 45 105 1,600 257a 31 Conde footnotes 30% 45 105 1,400 9'A 774 Congoleum-Nairn For 30% 45 15,500 19% . 30 3/4 6 78'% 30% 8% *88'/2 3 Feb 147/8 14 193/4 7'A 11% Feb 5674 25% 14% 138A ; 83/4. 8972 30 % Feb Dec 25 7a 14% 1,200 303A 8% July 18 9'A 2572 14% 100 2,900 23'% 7'A 20% July 12 21'% 19'% 8'% 25 74% No par Dec Feb 14'% 1972 874 . 23'% 74'% Nov Nast 14 19 7a 8 74 14% *74 common..No par Credit Commonwealth 14 1974 8 72 74'% Aug 33 % Mar 16 13% 1972 25% 106 111 237a 303/4 com Ohio So 137/8 74% 10'% 373% *8 74 4,300 3,000 ; *223% „. 6% 30'% 1023/4 19% 872 6% 30 % Jun 19% 8% 67/a Jun Jun 19% 8% 23% 233/4 1774 Jun Jun 13% 19% *110'% 111 22% 22 , 12% 7% 6'A 14 111 22% ' 22 6% 24% 30'% 13% 112 22 2,000 9'% 33 *8872 Engineering Superheater Inc Feb Feb 95 14 *2274 12% Combustion 21'A 467a 177a 2272 Np par System Carbon & *11072 22% 22 27'% 93%, 32'A 77a $4.25 cum preferred w w Columbian 112 22% 227a 1774 pfd 2nd non-cum 112 22% 21% 900 18% Columbia X98 112 22 23% 27'% 9'% 323/4 7 7a preferred Columbia Jan *11172 22'% 28 9'A 32 1774 Colorado & Southern Ry com 4% non-cum 1st preferred 13 Jan 112 22% 27 12% Corp com..No 13 85 9% 32 7a 67/s issued" conv 277a 9% 32 7a 18 30% Corp.— Iron 27 9 72 *16% common _I preferred 27 *1272 Coca-Cola Internatl Corp No par Colgate-Palmoiive-Peet com__No par $3.50 27 77a preferred 13 137a * 7% —100 7% (The) . Oct 4174 27 1772 preferred—— 4% Coca-Cola 14% Oct 103 27 12 72 : 71 Jun 4,300 1272 common conv 14% Apr Jun 6,400 9 7a *16% Corp 10% July 12 27% 83% 9 *17% 891% Cluett Peabody & Co com 57 93 8'A 97a 18 17% stock Oct 10% 8% 9 7e ; 7 7a Molybdenum Sep Dec 12'A 83% 9 7 20 Co RR gtd 13'% 36 *17'% 8% 9 . 5 Climax 68'% Jun 177/a 8% 9 7a 32% „_100 Feb Jun 17% 8% 12% preferred Jun 8 177/B 8% *56% 45'A No par 734 7% 17 7/8 *87/a 9% 17% Ry Co com...100 97a 29% July 177/8 30% preferred 48'A Mar 11'% 1,100 *16% Columbia Broad Sys Inc cl A Class B Feb 17 *8872 11 8 17 7% 11 Jan 16% 89 72 Oct 14'A 16% 30 '% 40 Jun 16% *7 7a 40% Oct 11 16% 30 72 25% July 11 109 16% *8872 25 Apr 16% 5 Dec X106 1672 100 Dec Jan 5,800 ...No par 28'% 257a 15'A 40% 8.50 29 7a Jun 15 *12% com Jun 18% 157a LOW Jun Jun 14% Oct, 14 17% 26% 15 7a Saturday 16% 13 15 32 7a 45 *105 500 15 7a 9% STOCK preferred Special 110 20,900 ' 34 25 Graph Bronze Co Cleve. 1351% 46% 4 Cleve Elec Illuminating com__No par $4.50 106'% 135'% 13 25 Elec & St Louis non-cum 1067a 137 15 1 Equipment Co. C 5% 106 85% City Investing Co common 572% preferred Clark * *13572 10 City Products Corp City Stores Co 5 Vo Dec 21'% T Financial 107% May 29 Dec 101% I 106, 135 7a 18% — Cleve 61'% 29% July 17 99% July 12 C 39 % 106% 135% 15 100 & 391% 106% 1357a 3274 14%' *30% 39 % 400 17% 9% *8% 257a 9,100 - *16 74 27% 14 19% 70 4772 104'% 10672 135% 9% ? 152'% 46'%. 31% preferred 100 Cincinnati Milling Machine Co.—10 13 36'% 10.'% Aug 24i% Jun '• Par Gas 39% 600 1,300 13,200 104'% *85% Copper Co... Chrysler Corp 4% 40 4,800 , . 93/4 54% *151 .100 Chile Cincinnati 39% 173/4 37'% , 463A No par $ per share 16 Nov 14% 39 7/a 100 1041/4 17% • com__No par Oil YORK 39% *106 1357a 32 74 EXCHANGE 7972 67 ' 3972 10672 135% 152 46 104'A 83% - 100 preferred NEW 25 203/4 38% *106 32 8% 100 common.: Highest $ per share Sep Jan 4674 104 7i *39 RR Co__No par Pac Cotton Co Range Since Jan. 1 Highest 97'% - P vtc_.No par preferred series A Yellow Cab 7% Jun 75 - preference..No par & x45'% xl03% *22% 100 convertible Rock Is 152 467a 105 74 *111 , ! vtc 152 4574 >1047/B 39 *26% 152 15272 457a 105% 136% 9% 40 & *15072 44% 32 Ry Co cl A—.25 Paul 15174 17% *104% 106% * par preferred preferred 45 105% =>106 • No par A 15174 152% 44% STOCKS Year 1949 $ per chare *151% 8% 50 & Louisv Range for Previous Lowest 533/4 52 9 preferred $3 27 16'% 54'% 8% ; Milw 5% 363/4 Jun 60 531% 8% Chicago Pneumat Tool com„No par Dec Jun 53 74 51% 8% RR Co com__No par Chicago & North West 1372 Jun 527a 1.25 B Series 82 Jun 7a Ind Chic 55'% 35 527/8 51% 9 No par A Class Dec July 12 9% 8% preferred Chie 41'% May 371% 9% 52 8% . 5% 19 21% 10 17% 3772 9% 17% Chicago Corp (The) 1 Chicago Great West Ry Co com„50 13 Jun Jun 9'A 18 *36 % 97/8 16 % No par convertible Class 7 17 18 37% *9% 17% Copper Corp___l__5 Copper Corp, 1 ' & East 111 1,200 17% 16% Chesapeake Corp of Virginia.— 5 Chesapeake & Ohio Ry common..25 Sep 22 3,400 45 37 38% i—No par $4.50 preferred Checker Cab Mfg 29'% 44 97/8 *135 - Co—____9.50 Co 29'A 45'% 177/b 1 Champion Paper & Fib com__No 106% July 17 10% Jun 2 Sep Belt 29'% 453% 3772 51% • Pasco ae 29'% 4574 109 9% No par common 29% 45 *108 17% ..'='104% Corp com__5 18 41 93A Jan Light preferred _■ 26% Sep 1.8% Apr 4 Jan - 4 % 7c100 Central RR Co of N J class A._—50 Class B —1 l 50 Central & South West 4 24% Oct v 227a July 18'% Jun 27 27 87a July 17 93A Jun 21'A 6'% July 143A July 9% Jun 91 Feb Oct Dec ; series B vtc——100 Illinois 2974 44-% 108'A 3772 9% 5,900 29% 108'A 18 9% 6,900 16'% 153/4 108 74 37 Central Hudson G &E Corp__No par Oct 14'% preferred 16 Shares 10% 108 74 17% 15 Central 2 10'% 37 934 14% 10% Mar 29 15% 11 18% 20 ... 16 10% 37% 1__5 Ry Co vtc_. 11% Sales for the Week $ per share 18 9% 10 38% Feb 113 11'A 27 Ga Friday Oct. 20 $ per share "37 4 1 j Central July 13 44% Co.. Central 8% July 13 447/8 1100 Sugar 19 14'% ; 57c preferred Central Aguirre 17 30 44% .No par 9 % Oct Dec 44% 25 common 28 % Aug Dec 29% 44% __T100 3 Dec Oct 17% Apr 18 20% Aug 29 ' 11% Apr 6 Corp 15% 108 74 Celotex 10 16 108 74 —_ 3 93A Dec 21 25 ' 11 Thursday Oct. 19 $ per share 11 30 Celanese Corp of Amer com__No par $4.75-1st preferred —.No par 77c 2nd preferred—___ 100 Sep 25 15% 10 7/a 29% Jan 141 1578 108 74 10% 108 74 Aug 18 107% Jan 15% 29% common 4.207c 10% 16 108% ; ...;. Tractor Preferred Jan 367a 8 common preferred Caterpillar 9 10% 29% ^ PRICES Oct. 18 $ per share 108'A 10 Jan 112'% 12 20 Mar 40 % Co $ per share 16 series.—.50 4 Jan 10.72 77a July 17 47% Oct 106 7'/o I) SALE Wednesday 100 Corp 15 Nov 2 3 1 (J HIGH Tuesday Oct. 17 No par common General Jan 2474 634 Mar Jan May Case AND 5 preferred 4% & Ry Co- Jan 6 . Jun 33'% 104' x 156 20 Steel Corp Conv 16 54% Oct Oct. 16 10% —10 » Ohio 45% July 26 21% May 20 39% May 18 140 Co Light 353% July 13 Monday $ per share 1 Mfg & 15'% July 13 Nov (Philip) & Aug Jun Carey Power Dec 146 ; Capital Airlines Inc 1 Clinch 267a 1474 18 Carolina 29'% 15'% Feb Carolina 100% 133i 12 20% May Par 34 Va Mar io Jan Nov Saturday Oct. 14 110% July 13 18 7a 45»% RECORD LOW STOCK $ per share 8'% Jun:: YORK EXCHANGE 11 27'% July 27 30'A Jan 3 Feb 30 Jan NEW 37% i 30% Mar 6 102 Feb 33 13 July 26 35'A Jun 12'% ' 1 Highest $ per share ■ , STOCK STOCKS Year 1949 Lowest YORK Fibre *104 *104 105 5 11 11 117a 1174 11 11% 11 11 10% 117a 10% 11 2,900 10 64 6474 63% 6474 65 65 65 65 64 64'% 64'% 64'%. 2,100 105 72 *104 105 104 104 100 13 The Commercial and Financial Chronicle . . (1542) 14 YORK NEW Range for Previous Highest Lowest $ per $ per share $ per share NEW Range Since Jan. 1 Highest 5% Jun Continental 2 Continental 5'A Jun 47% Feb 65% Oct 5a'/2 Jan 25 11% Jun 15% Jan 13% Jan 3 24% Oct 18 July 17 27% Oct 17 19% 55% May 20 Feb Jun 12 Crane 4 4 Jun 19% Jan 14% Jun 27 17% Feb 49 Dec 52 Feb 46% July 14 51% Sep 19 7 Jun 11% Dec 10% Jan 3 17% Apr 22 49% Mar 58 % Dec 57 Oct 17 July 17 76 28% Jan 13 42 Apr 18 20 Apr 30% Dec 94 Jan 102% Dec 100 92 % Jan 102 Sep 100% July 11 57 Jan 171% 73% Dec Sep 189 Jan 6 25 July 13 72"% Jan 3 176% July 13 187% Apr 13 62 3% Mar 5% Dec 3% Aug 1% 2% Oct 6 6% Mar 1% July 13 Jun May 102% Aug 17 104 % Sep 3 2% Feb 30% Jan 31 Sep 27 105 Jan 11 Jan 14% NOV 10% Jun 27 14 Jan 5 Feb 21% 29 % Dec 26% Jun 30 32% Jun 8% 23 13% 36% Jan Dec 104 Jun 96 19% Oct Jan Jun 30 94 Mar ' 99% May 19 43% Oct 4 105% May 5 Dec 99% Jan 3 128% Oct 5 $4 29% Oct 7 Nov 72% Jan 54 July 27 3 20 Mar 31 78 Oct 31 Apr 17% Jun 26 25 Jan 6 16% Dec 15% Jun 27 21% Aug May Feb 14 8 14 160 May 8% Mar Jun Jan 73 Jun 175 7% July 175 Feb 10% Oct 3 5 Oct 17 76 64% July 13 16 Nov 13 Vs Feb 9 % July 17 13% Jan 19 Feb 10% 25 % Dec 20 July 13 25% Jan 5 9% Sep 25 Oct 3 ' 43% Feb 8% Oct Jun 4% 109 145% Oct 52% 9% Dec 7 18% 133 Jun Nov Apr 24% Jun Jan Jan 137 Mar 5 July 13 122% Jan 16 55% Jan 44% July 13 7% Jan 11 3 26% Jan 15% Mar 13% Jan 23% Oct 3 Dana 12 5 27 55% "54% 55 "54% 55 54% 54% 55 % 19% 19% 19% 19 a4 20 20% 203/a 20% 20 % 20 20% 4,400 16% 16%. 163/4 16% 17% 17% 173/g 17% 17% 17% 17% 10,100 55 "54% 52 "51% 52 14 13% 14 52 14 71% 73% 73% 38% 38% 38 % 38% 13% 101 "100% 101 100% 104 "103 104 "102% 67% 182% "180% 182 2% 2% 2% 25% 25% "102% 103% 11% 11% 103 % "102 1,500 72 % 7,220 3,900 72% 73% 38% 38% 3834 100% "100 100% "100 100% 102 3% "102% 103% "102% 103 % 10 673/4 67% 67% 66% 67% 5,500 182 % 90 67 182 "181 2 25% 25% "102 103% "102 4% 2% 25% 103% 103% 11% 11% 6,600 11% 29% 29% 600 29% 29% "29'A 29% 29% 29% 10% 16 16 16% 15% 16% 16 % 16% 16% 17% 1634 17 40% 41 41 41 41% 41% 41% 40% 41% 1,800 42% 4,000 40% 41 "40 % 42% 127 28% 42% 43 42% 42% 42% 42% 42% 103% 103'/2 103% 103% 103% 103 103% 103 103 128 127 127 127 128% 127% 128 127% 127% 29 29% 28% "126 28% 28 % 28% 28% 28% 29 9.500 77% 78 .3,000 76 76% 76% 76% 77 77% 22% 22 22% "22% 22% 20 22»/4 18 18 18 18 18 18 100 10 100 "160 180 180 "160 180 "160 180 "160 10 10% •74 10% 10 10% 75 9% 75 76 76 76 12 % 12 "23% 8% "11% 12% 11% 24% 23% 23% "23 3/4 8% 8% 141% 9% 22% 23 132% 27% 28% 27 28% 21% 21% 21'A 9% 9% 10% 10% 11,900 "77 78 % 200 12% "12% 12% 2,300 24 24 % 9% 9% 140 9% 10% 10% 23% 23 "128 16% 23 6,900 132% "128 21% 21% '3,800 993A "98% 99% 16% 16% 16% "16% 16% *98 % 35,600 21% 21% "983/4 21% 99% 1,200 10 9% 2,700 21% 213/8 "98% 80 55 28 % 993/8 21'A 99 3i 42,200 142 28 % 29 21% 9% 9 55 23 23 132% 28% 28% 28% 600 24 24 "139 54% 132% 8 9% 140 54% 54% 23 28 3 3,100 180 12% 28% • 10% 630 18% 18 79 "128 23 132% "128 "128 20% 20 "160 12% "75% 142 54% 54 9% 9% 22% 23% 132% "128 9% "140 143 533/4 18% 180 24% "24 93/e 9% "140 533/4 9% 9% "22% 9% 142 53 53% "53 10% 10% 79 11% 243A 142 "139 103/a "76 12 % 410 29 76 "160 470 29% 17% "75% 42% 42% 103 126% 27,400 103% 42% 103 No par "102 3,200 11,200 29 % 22 Inc 6,300 2% 29% "29% .j.100 4% 25% 11% 75% pfd 2 25 % 29% 18 7% 4% 80 ll3/8 11% 11% 4% 2% 2 182 182 181 4% 4% 25% 25% 103% 11% 13% 39 74% 38% 2% "102 11% 11% 13% 69% 4% 2 25% 52 13% 102% 182 4% 2% 25% "51% 52 100% 67% "181 4% 4% 5 4% 67 13% 38% 103 % 67% 14 % 73% 76 38% 1003A 67% "51% 52 "51% 14 "51% 72% 25% 5 Cushman's Sons Inc 20 55 67% 1 99% Oct 26% 23 A 13 27% "180% Publishing common__.No par preferred —No par preferred No par Curtis-Wright common . 1 Cutler-Hammer 26% "103 $7 4 24% 27% "100% Prior 29% Oct 24% 27% 72% Curtis Class 24% 27 3A 76% Inc 8 17 Sep 1 Aug 138 24'/2 38 Cunningham Drug Stores Inc—2.50 20 21 23% 27 18 preferred , Cudahy Packing Co common 4 % % preferred Press 8,200 23% 26% 23 l'/c Cuneo 6,700 6,300 23% 16% 100 100 pfd_: non-cum Cuban-American Sugar Jan 3 Feb 22% Feb 28 RR 6% 79 24% common__10 preferred., convertible 5% Cuba 78 23 % 26% "13% com^.No par Crucible Steel of Amer 78 % 26% "51 % —No par No par preferred 2nd preferred... 24"% Aug 20:% Jan 125 Jun 19% 144 Zellerbach Corp 17,900 78 "19% No par common—5 preferred Crown Shares "54% 2 2.50 (The) $4.20 21 Feb $2 41% Oct 13 49 5% Crown Cork & Seal common 11 16% Jan 60 Cream of Wheat Corp 3 27% Jan 32% Jun Jan 160 4 78% 8 share 8% S per 24% 1 America of 773/4 8% 26% 100 preferred 17% Jan 102% Jan 24 12% 3% % Creameries 77% 8% 8% 243/4 25 common 8% 8 24 Corp Corp 30% Mar 12% July 13 Nov 14 Co 76% 3/a 8% 76% 76 76% S per share $ per share $ per share Sales for the Week Oct. 20 Oct. 19 18 Oct. Friday Thursday Wednesday Tuesday Oct. 17 8% 8% 8% 76 —, Dec Apr 105 90 Continental Cooper-Bessemer Dec 42"% Jan 20 22% July 13 101 Steel 5 Delaware 25 20% Oct 17 of Oil 8% PRICES SALE HIGH AND 16 $ per share I per share 1 Motors 14 common—5 $3 prior preferred™ No par Copper Range Co 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 7Vo preferred 100 Coty Xnc 1 Coty International Corp 1 55% Mar 13 53% July 25 12% Jun 12 Dec 24% Jun 9 Par 8 9% Aug 81% Oct 29 Oct. Oct. 14 $ per share share Jan 8% 51% July LOW Monday Saturday STOCK YORK EXCHANGE Lowest Monday, October 23, 1950 RECORD STOCK STOCKS Year . D ' 9 • 26% 92 Jan Dec Dec — - - 9% 433A Jun Jan Jan 29 Jun 30% 173/4 Feb 12% Nov Jun 4% May 17 15% Jan 100% ——— ~7% 19% May 10 May 98% Aug Jan 92% 13% July 10 31 Jan , Dec 22i% *16% Mar > 96 17% May Jan 15 Nov 14% 11% July ' Jan 96% Jan 87 Oct 3 17 18% July 13 275/8 Oct 28 345/8 Mar 17 July 26 96% May 24 July 96 5 July 24 100 18 Corp 1 common preferred series A Davega Stores Corp common 5% convertible preferred— Davison Chemical Corp (The) Power & Light Dayton 102'A Mar 21 Preferred 3.75% 3.75% series 102% Sep Preferred 1 17'/4 May 26 Dayton 10 Decca 3.90% Rubber 27 Jan 3 373/8 Aug 15 4 583/4 Oct 38% Jan 5 31 Mar 36'A Sep 34% July 13 37 Oct 18 26 Jun 403/4 Jan 29% Jan 423/g Oct 18 3 7% 9% Jan 223% Dec 3 21 263/g 26% 7,700 30 'A 30 3A 30% 30% 30% 30% 3,700 26'% 26'A 26'A 26% 30 Va 303/a 30'A 30'A 30'A 305/8 "98% C 102 __ 57% 24 May 19 68 Feb 20 »/2 20% 20% 20% 21 21% 21'A 21% 21 21'A 2,000 34'/2 33 % 34 5/8 34% 345A 34% 35% 38 38 % 37 'A 37% 18,200 573B 58 58'A 59 59% 59% 60% 57 . *571/4 57 V2 16 V8 163/8 15% 10% 15% 16 6,300 23 23'/8 23 23'A 23, 23% 6,600 61 6 6'A '/a "57 6 V2 6% 6% 6% 30'A 303/« preferred- —25 "445/B 45 "44% 45 2 "14'A 14% "14 14% 93/« Nov Dec 27'A Oct 18 Devoe 46% Oct 20 Diamond 40% Aug 15 45% Oct 20 11% Mar 31 16% Aug 17 6% Match participating Diamond T Motor Car Co 5 Diana Stores 19 Distill Corp-Seagrams Range Since Jan. 1 Lowest Highest 24% Feb 38% Nov 35 10 YORK Divco 47% Oct 18 Dixie Cup 29 May 24 July 17 13 Jan 9 Dr. 38% Dec 25 % July 12 36% Jan 4 Doehler-Jarvis Jan 18 3/4 Sep 11% July 25 17'A Jan 6 Dome 48% Feb 723/4 Oct 69 % Jan 13 903/a Aug 3 Douglas 43 54% Jan 13 Dow Chemical Apr 57% Dec Jun 9 Apr 108% Sep 107 Sep 27 111% Jun 15 101 Apr 123 % Dec 119% Jan 13 156% Jun 9 21% Oct 18 Dresser Jan 81 Mar 7 85 Oct 18 July 12 X22 Oct 11 % Mar 27 Aug 22 12 % Aug Jan No par Co 2nd 83% Dunhill Duplan 100 "84 % 19% 13% de Nem (EI)) 46'A 46% 46 461/4 46 46 5/8 1,300 45 45 Vs 45'/8 "45'A 46 45% 45% 1,200 14% 14 3a 14% 14% 14% 14% 14% 1,300 25 HIGH > SALE 8'A 8'A 8Va 26 »/a 26% 25% 8'A 26 18 $ per share 15 15 Sales for Friday Thursday the Week Oct. 20 Oct. 1!) t per share 14% 15 $ per share xl4% 14% 45 45% 47% 46 % 46% 46'A 46V2 53 3A 45 "53 53 53 53% 533/4 533/4 54% 12% 125/8 32 % 14% 31% 32 31% 32 313A 31% 30 % 31'A 303/g 30% 6,500 14% 14% 14% 15. 15 15% 14% 15% 143/4 15 9,600 83% 83 % 84'A 84 84% 84% 85% 831/2 84% 83 'A 83% 70 69% 70 110 "108% 110 153 153 Va "153 21 21% 69% 69 69% 108% 108 "4 108'A "108 108% "108 148 "152 1541/2 215/a 68 68 69 % 2,100 4,600 13,800 200 155 400 20% 21 21,400 "84% 86 152% 152% 20 20% 20% 20% 86 84% 84% "84% 19% 19% 19% 19% 19% 19% 19% 19% 19 % 191/2 19% 1.600 133/4 13% 133A 13% 13% 13% 14 13% 14 13 »/4 14 3,700 148 86 20% "84% 86 "84% 86 10 & Co— 85% Jun 12 Common 80% 81 3/8 80% 81 'A 9 127 % Apr 22 Preferred $4.50 series No par "125% 1263/4 125% 125% 125% 125 % 125% 125% 125 125 125% 1251/2 101% Jan 31 Jun 1 Preferred $3.50 series No par "102% 102% 102 3/8 102% 102% 102% "102% 103% 102'/2 103 "102% 10% 10% 10% 10% 10% 10% 10 2.100 12% 13 113/4 Jan 4,000 —220 12% 60% Jan 93/4 July 12 Shares 12% 122 % Jan 106 5,000 66,300 PRICES Wednesday Oct. 15 8'A 263/a 8 Va 8% 25 1,600 12% 150 20% 1 Corp 46 1,200 7,700 12% "148 International 25 26% 12% 67% preferred 14 26 'A 12% "108'A 20% 271/4 • 12% 67% 50c 26% 14% 53% 108% No par convertible Jun 14% Sep 45 67% _No par 27'A $ per share 44% "108% common 26% Tuesday 14% "53 2,300 14% Oct. 17 14% 15 A preferred Industries 3%% " 45 6J% 30 Vs 143g AND Hi t per share No par common.. $4 preferred series Du Pont 102 3/a No par Aircraft $3.25 16 Va July 17 Corp Ltd Mines 10L% 14 % —No par 5 53% 12% 32 14% No par Pepper Co 14% 14% 45 "52% 12% No par common A July 203/4 I per share 1 12% 63% Nov /' 124% Oct Oct. 14 Corp Class 57 Oct. 6% 30 14% 30'A *14% 15 8 Va Monday >n'l V2 30'A 14% 24% LOW Baturday 6 6% 30 15 14ajj 25 j■ STOCK % 61 "57 61 30'A "143/4 8'A- 23% 6 "57 45 15 8Va 24 % Par 11 72 8'A 233A EXCHANGE 15 3/i Jan 4 July 26 48% Jun 14% Mar NEW $ per share $ per share 12 % Jan ; Ltd 8 Vs 2 Corp STOCKS ■ Jan 86% .50c 91/2 Jan $ per share 24'% May common 26% Oct 17 —2 Raynolds class A July 13 Feb Nov & 63A July 13 17 Highest 53% 8 30'A 30 30 61 "57 61 46 18 % July 13 35% Mar Co 4,400 16 23 Va 46'A Vilbiss 59'A 15% 23 45% Detroit-Michigan Stove Col ■ 15% "57 61 "57 57 f 23 Va 45% 13 27,600 23 455/8 Jan Sep 6,000 .. 15% V No par 18% Jun 20% 26% Jun 9% 12 2534 6% Jan 41% 11% 26% 93/a \ 41% 12% 26'A 12% Jun Feb 42'A 12 26% Dec 43% Jun 41% 12% 26 29 1,900 42% "14% 453/4. Feb 119 97% 36 % 121/8 14% 5% July 12 Range for Previous Year 1949 :> , 4 41% 6 13% Jun 36 3 11% 14 3/4 Jun 8% 363A 36% "29'A Sep Sep 11% Mar 36% 41% 1 9% 78 37 11% 1 37% Dec 7,600 36% 5 40 16% 58'A 4IV2 De 22% Nov 25 57% 11% Detroit Steel Corp— Jun Jun 53 "A 41'A 16 Sep Jun G7 % 36% 8 May 16 30% Oct 17 16% t per share 1.500 58% 11% 211/8 Mar 13 31% Lowest 34'% 40% 12% Jun Jan Nor 4,600 34 36% 241% Mar 9'% 5,000 7% 34'A 57 % 8 13% Jun 15% 34 34% Detroit Hillsdale & S W RR Co. .100 Jun 7'/2 7% 34% 12 153A 52 % July 12 11% Jun 15% 7% 41 22% 21% July 13 , ' 7% 260 36'/2 15% Sep 10 57 3 22% Jan 45% 57 8 23% ' 571/4 20 58 t 57 16 '/B 7% 100 99 101% 11% .100 for preferred (The) Jun i 57'/2 16 50 99 99 34% 7% : Jan *. 35 99 101% 102 ■ 50 43A 7% 34% 99% 100 "20% 100 20 15 7% 34% 16'/8 16 16 Va 16 75/8 34% *101'A 37 "36'/a Co___13.50 f I 101% West RR Edisbh "99 100 101'A 200 17 41 20 _ 16'A "98'/2 99'/2 100 102 7% "34 99 99% 100 100 "101'A 343A 7 3/4 1 16 16'A 16'A 50C __ Detroit 1 "99 100 "101'A • 2 100 "99 100 "99 100 ctfs Derby Oil Co 26 3/8 7 102 Escrow 20 Apr 16% 27 ctfs for common 603/8 Oct 12 16% 27 "98% Escrow 17% May 26 42% Jun Dec I6V2 27% Western—1_ —50 Lack & 20 Dec 14"% Dec 16'/2 27 _100 Rio Grande 27 53% Jun 12% 16% 16 3/4 26% "101'A _ Power & Light 19 29 30% "16'A No par Delaware & 16% _ Delaware 38'A Oct 24% Jun Jun 343A . 12% Oct 233/4 Jun 71/2 Jun Dec 19 . 27 19% July 12 "16'A 100 _ Denver Jun Jun 5% 19 16'A 100 Hudson & "16'A _ preferred.. Delaware 163A 1 Inc. Records 16% _100 Deere & Co common.. 5 16% .50C Deep Rock Oil Corp Jan 1,000 16% B series Co 3 6 % Jun 16% 16% —20 series A Preferred "99 99% "99 2.50 common 102% Aug 21 11% Jan 22 .100 33/4% : 5 80% 813/8 80% 80 3/4 80 81 80% 81% 10% 10% 103 27,800 800 800 10% 800 5 "10% 10% 10% 10 193^ 19% 19% 19% 1934 19% 19% 19% 19 3/a 19% 1 DWG Cigar Corp 14% 15 1434 15 15 15 % 15% 15% 15 % 15% 15% 15% 19 19 18% 18% 1,700 y E 15% Jun 20% Mar 15% Mar 30 20% Aug 21 Jun 16% Mar 13% Jun 17 Eastern , ■ Eagle-Picher Co 13 7% July -7% Jun. 30 27 19% Oct 13 13% Jan 10 Jan 13 18% Apr 19 Eastern Stainless 48% Nov 10 Eastman Jan Jun 32% Jan 29 14% Apr 19 Dec 14% July 12 88/ Jan Feb Oct 202 40 July 17 172% Jan Jan 190 Apr Oct 10 19% Jan 7 14% 88% Aug 25 Dec xl2% July 12 May 95 Sep 14 8 Jun 5 3/4 Dec Apr 45% Dec 12% Feb 17% Dec 16 Jan 32% Mar 36% Oct 32% Jun 2% Jan 1% Jan 3 Jan 35% Apr 19 13% Mar 10'/a Jun 26 Jun 1% Jun 34% 10% Jun Jun 8 51 38 % 6% 10 39 Dec 96 101 49% Apr 3 13 33% 6 Eastern Inc Jun 38% Oct Airlines 13 164/ 21% 10% 24 Dec 16% Jun 94% Feb 98 102 May 12 41/4% Ekco 41 Convertible 4 Elec ,2 Electric 13 Mus & 7 19% July 13 28% Feb 23 Nov 52% July 17 75 23 42% Jan 51% 48 52% Apr 26 28% Jan 6 El 22% Aug 29 Emerson 14% Dec 14% Jan 18% Nov X29% Jun 100% Jan Aug 25 21% Aug 13% Feb 3 15 Elliott Co 5%% 5% preferred Ind Amer 13% July 26 4% 9% 48% 55 Jun 7 Dec 6 Jun 14% Jan 10% Jan 13 Jun 61% Jan 51% Jun 27 68 Jan CO July 33/4 Feb 53/4 Dec 6% Jun 10 % Jan 6 3/4 Jun 11% Dec Jun For 5 % footnotes page 9 8 % Feb 14 8% July 13 Apr see Jan 4% July 13 33 3 July 12 Jun 27 2% July 26 22. 104 5 July 12 24% Jun 5 7% May 15 17% Sep 14 64% Sep 66 26 May 25 Natural 6% May 5 & Williams 17 Evans 133e Oct 19 4% Jan 10 44% 45 % "174% 176 "174% 176 "174% 3 76 % 20 37 35 "2 37 37 37% 3734 38 37% 38% 38 3/8 38% 7.0CU 1 "17% 17% 17 17% 17% 17% 1738 17% 17% 17% 17% 1734 2,800 "931/2 14% "98 47 "95/3 94% 14% 100 9% 47% "93 "2 14 38 "98 9% 46 171/2 17% 17% 39% 39% "38 % 2% 2 "174% 94%- "93% 143/8 14% "98 100 9% 9% 46% 47% 95 14% 100 10% 48 45 93% 1438 9% 47% 20 14% 2,300 9 3/4 47 47 % 17S4 18 39 39 39 39 2% 2% 43i% 2% 9% 94-/2 100 9% 39% 2% 14% "99 18% 39% 2 42 3 "93% 47% 3934 2% 14% 9% 18% 43% 94 100 47% 10 "38% 41 176 48% 17% 43% 2% 44 2% 4334 700 2% 43 3 3.400 8.300 11,600 13,700 4 2,400 11% 2,500 22 % 5,500 43% 11% 11% 11% "22% 22% 22 % 22% 51% 51 51 "50 51% "50 51% "50 51% "50 51% 63 "59 63 "59 63 "3D 63 "59 63 "59% 4 431/4 11% 12% 22% 11% 22% 24 24% 24% 24V4 4 19 17% 19% 18% 16% 18% 5 43 1134 12 22% 22% 2334 24% 19 19% 19% 193s 191% 19% 19% 19% 19% 3,800 17% 18% 18 18 34 18% 18% 18'/8 18% 18 18% 43,700 16% 16% 16% "16% 17 16% 16% 16% 16% 1,700 6% 16% 6% 6% 6% 6% 6% 6% 16% 63% " 65 30% "102% 16% "63 "62 30% 30 3 103 16% 64 8 102% 16% • V- 63% "62 ' 30% 30% 30% 30% 1,900 103 "101 Va 103 20 22 % 2134 22 21 % 22 9,700 6% 6 34 16 34 63/4 634 16% 17% 64 64 64 64 64 "62 65 "62 65 "62 16% 30% "101% 103 16% 6% 6,000 16% 43,600 64% 1,500 65 61/4. 6 14% 15'A 15 8 8,000 11% 11% 12% 12% 133/a 12% 13% 38.600 40% 40% 4034 40% 40% 40% 40 % 1,600 6% 5 "13% 14% ""13% 1 3 "11% 11% 11% II34 11% 40 39 % 39% 40% 2.50 "3% 3% 3 % 3% 16 34 63% 30% "102 % 63/8 6 14% 30% 103 65, 6'A 393a' 90 8,400 16% 1 633A 22% 24% 21 % "64 11% 24 21V8 30% 103 12 22 3/a 24% 21% "30% 11% 22% 24% 21% 1 14% "99 17% 21% Corp— "93 17% 17% 24 % 50 5 14% 17% 24% 100 93% 100 "98 176 44% 63 No par Corp 176 21% Corp. Exchange Buffet 176 36% 453^ 44% 45% 453/3 "l74Va 21% Products Co Ex-Cell-O 45% 14,000 8.50 Eversharp Inc Mar 21 18,400 "102% Pittsburgh RR Co 15% Oct 44 15% 46% common—25 100 preferred series A Eureka 15 '/8 45% "16% RR common & 15% 43% 10 Equitable Office Bldg 5% 14% 45 3/4 3 Electric preferred— Equitable Gas Co Erie 15 "59 Gas 4% Erie 14% "50 Endicott Johnson Corp 10 14% 10 33 5/a Jan 27 14% 50 50 preferred Mfg Co Phonograph Empire District Electric Co 29 % Jun 14% 2 20% Mar 17 100% Jan 14% "43% 20% Jun Dec 14% No par ;__15 16'/a July 13 Dec 35% 105 14% .—No par preference Emerson .Radio 5 shares 12% July 12 1 19 1 5 common convertible Paso 18% 2 . Elgin National Watch Co Jan Nov 75 Feb common Storage Battery 283/4 13% 100 30 18 18% 2.50 common.. 213/8 July 26 Jun May Co 13 Oct 19 100 common Elastic Stop Nut Co.™ Electric Auto-Lite (The)_„ 33/4 Apr 44% Oct 18'/a 2 Electric Boat 1.8C0 34,600 193/3 100 Co.. 10% Aug 11 49% Oct 9 July 26 19% 191/4 _10 common preferred Jun 29 Corp.— preferred.,™ Products 4%% 2 173/g 23% Aug 8% Jun Co Manufacturing 48 Oct Steel Edison Bros Stores Inc Mar 10 Xl53/a Apr Kodak preferred Eaton 19% __10 Corp "3 3% "3 % 634 15'A 3% 6 % 14% "3 6% 15 3% 6% 14% 3 6'A 14 5 3 4,900 200 Volume 172 Number 4953 . . . The Commercial and Financial Chronicle (1543) NEW Range for Previous Year 1949 t per NEW Highest $ per share S per share share STOCK RECORD STOCKS Range Since Jan. 1 Lowest Highest Lowest YORK YORK LOW STOCK Saturday Monday Oct. 14 Oct. 16 EXCHANGE $ per share Par t per share AND HIGH Tuesday SALE I per share PRICES Wednesday $ per share $ per share Thursday Sales for Friday Oct. 20 Oct. 19 Oct. 18 Oct. 17 $ per Sper share the Week Shares share F 48% Oct 134 Jun Jan 37»A Mar 10 Fairbanks Morse & Co No par 47 47% 47% 48% Feb 25% Oct 223A July 47% 19 26 Apr 8 Fajardo Sugar Co___^ 20 24% 24% 24% 24% Dec 14 22% Jan 24% 7 Falstaff Brewing Corp— 24% Oct 233A 1 *15% 16 16 Vs 15% 16 2 Family Finance Corp common Fedders-Quigan Corp— Federal Mining & Smelting Co Federal-Mogul Corp 16% 15% 19 % 41% 3 July 31 13 18 July 26 17% Jun Jan 18% May 10 15% Oct 11% Mar 15% Dec 32 Jun 38'A Jan 353/i Mar 11 48 Sep 14 14% Jun 18 3/a Nov 24% Oct 19 33A Jun 6% Jan 16% July 3 4'A Feb 14 6% Aug 45% Oct 1 Federal Motor 5 Federated Dept Stores common 12% Aug Feb 104 3 333/b July 17 Dec 36 95'A Mar 243A 15% Sep 103 103A Nov 20 3/4 Jan 10 12% Jun 17% Dec 16% July 13 81% 43 July May 53 Jan 52 Dec 56 63% July 105 Dec 75 108 8 7 Firestone Tire 9 Dec 65 July 17 78% Oct 20 17% Jan 10% July 13 22% July 26 14% Jan 20 Firth & Rubber First National Jun 31% Jan Jan 104% 18% Jan Dec 16 July 13 20% Mar 17 13 27% 2 $4 May Sep Power Power Corp x38 Feb 60 3 56 July 14 80 113/4 Jan 173A Dec 14 Aug 15 19% Feb 16% Jun 23% Dec 20 Feb 29 67 Sep 78% Feb 75 Mar Nov 16 7 Oct 3 3 74% 73'A 74% 73% 74'A 4,300 *106% 107% 106'/a 106% 106% 108% 106% 106% 25% *103 25% 103 25% 103 25% 25% *103% 24 17 25'A '103'A 104 23% 240- 24% 24% 1,800 17'A 17 17% .17 193/a 17% 7,900 11,500 1,300 10,000 4,200 6,100 19 19% 19'A 19% 19% 19% 19% 15% 15% 15% 15% *15% 15% 15'A 15% 15% 18% 18% 18 18% 18% 19% 18% 19% 18% 19 19% 18% 19 19 19'/8 19 19% 19 13% 18% 19 33% 33 33 33 33% 33% 33% 33 33% 32% 33% *94 94% 94 94% 95 96 96% 98 *98% 99% 99% 99% 99% 99% 39% 99% 99% 41% 38% 39 97% 99% 38% 39 *24% 500 97% 991/4 25 39% 410 9,100' 40% 40% 41% 24% 24% 25 25 16 16 15% 16 16 16 16 16 16 16% 1,600 11% 11 11% 10% 10% 10% 11 75% 75% 75% 77 77 3/i 1,000 2,700 *15% 16 *11% 11% Co 10 Froedtert Grain & Malting Co Inc_l Fruehauf Trailer Co common 1 *14% 74 *11% 74% 14% *11% 11% *24% 25 *24% 25 100 27% *85 75% 75% *14% 14% 14% 14% 14% 14% 14% 143/8 14% 1,300 28 21% 28% 27% 28% 28% 28% 28% 291 28% 28% 13,500 87 73% 100 98 100 39% 1 Freeport Sulphur 95 *99 % 40 No par preferred 15% 33 % Corp common____lo Corp 19% , 19 1 10 100 preferred 18 50 104 *103 24% 19% *15% 25% 25 % 25 % 104 *24 18% preferred Stores 25% 104 % 19% 25 4% 65 3A 65 3A *15% *24% 25 65% 10 100 convertible 26% 104 % *23% —25 86% Sep 65% No par Corp___ prior preferred^ Francisco Sugar Co 19 74 17'A 19% 6% Oct 65 17 Stores Inc__ Foster-Wheeler Franklin 64% 23% Nov 8% July 12 74% 107% 64 17% 92% 9 'A Jan 65% 73% 65% 74% 65% 73% 106% 23% May 12% Aug 250 107% 17% 78 10% May 20% 23% 89 Jun X20% 17% Machinery & Chem Corp_ Nov 23% 24% Fair 8 23 % 17 Food 8% 23 No par Light Co & Steel 25% *103 7% l_ Food 25'A May 20 21% Aug 30 12V4 Oct 5 22% 23% 18 30 23 5,700 2,200- 22% 64 74 No par 22 Jan 1,400 22% 22% 74% *63 *106% No par ■ 33% Oct 24 11% 104 % 1,200 23% Sep Dec 11% *104 4,800 11,700 3 25% 11% 11% 45 13% 14% Jan Jun 104% 11% 44 13'A 24% Mar 30 21% 104% 11% 44 104% 13% Florida 3%% 44% 104% 11% 104'% 12 13 preferred 3%% 6,600 44 43 3/8 43% 104% 43% 104% 13% Jan 19 1,100 13% Dec 19 22 5% 13% 14% 17 21% 5% 12 43% *11% 3,000 53A 5% 13 29% Oct 43 104 3/a 11% 400 24% 12% Feb Oct 44% 104 % ii3/4 5% 24% 12% Apr 98 44% *104 5% 5% 2,300 243A 13% 8% 41% Oct 5% 10 20% 100 5% Co Florida 843A July 17 5% 25 com Florsheim Shoe Class A 94% July 21 5% 5% 24 *13 Carpet 28 27% July 12 24 78% 15% Sep 19% Oct Oct 23% 77% 22 % Mar 23 Dec 23% 77 3 96% 23% 46% *46 75% 5 33% 23% 17% 18 75 Apr Feb 23 15% 18 15 3/8 15% 46% 75 17% July 13 July 23% 17% 74% 11% Jan 19'A 23 15% *45% No par (The) common__No par (The) Follansbee 46 74% 13 5 46 74% Oct ' 45% 17% * 73 Jan — 17% *45% 18 73 15% —- _ 17% 45% 18 4,600 2,500 4,500 8,000 *71 24% ' 15% 15% 18 *45 1 Florence Stove Co July 17 'Oct 16 No par Flintkote Co 19 24% 16 18 100 1 Aug 10 103 Jan 15% 47% 243/8 16'A 45'A 5 Stores 15% 47% 243/s 15% 18 5 preferred Feb 33% May 108 Dec 28 18% May 4%% 15% 48 24% 16 45% __100 Oct 83% Feb 15 »Feb 15% 47 24% 5 Tarrant May 19 15'A 48% 24% 1 No par preferred & 1 48% *15% 2 Mfg Co Ferro Enamel Corp Fidelity Phoenix Fire Ins N Y 23% Oct 13 52'A Jan 4% % Felt 69 98% 9% July 13 106% May 25 13% Jan 12 105 21% 12 3 July 24 107% Mar 11'A July 13% Jan Truck *46% 86 86 66 85 85 86 86 74 75 % *85 86% *85 % ■ 14% 180 G * 4% Jun 7% Apr 5% Jan 3 93A Apr 17 Gabriel 4% Jun 7% Oct 7% Jun 29 11 'A Oct 19 Gair Co 14% Jun 18% Dec t63A Jun 30 183/4 Jan 28 6% Apr 6 6 Oct 9% Jan 31% Oct 41% Jan 32 13 Feb' 17% Dec 15 Jun 19 Apr 10'A Jun 163A Dec 16% July 24 17'/« July 12 15 % Jan 3 3% Jun 63/4 Feb 33/4 July 13 July 25 Gardner-Denver 23 'A Aug 2 Garrett 6% Apr 21'A Sep 18 Jun 32% Feb 21 Jun 23% Jan 17% Jun 29 223A Sep 22 13% Jan 19% Dec 17% July 13 23% Oct 6 103% 413A 99 Jan Sep July 9% 152 Jun Oct Jun 107 48% 105 45 Nov 106 Jan 11 Dec 1633A Jan 9% Feb 15 Jun 10 79% li July 3 .9'A July 13 15 107% July 14 55 Oct 105% Mar 4 8 12 Jan 31 166 Feb 8 12 23% Oct 19 6% Mar 29 9% Jan 9 146 Jan 65 3/i Jan 101 % July 13 Dec 6 July 13 July 13 13% Jan Jan 63'A Mar 31 75 Jan 9 24'A Jun 31 Jan 25 Jun 303A Jan 9 17 Jun 20 Apr 14 July 13 18% Jan 129 Jun 139% Apr 108 July 17 138% Jan 9 34 Jun 42% Dec 50% Jun 12 513A Apr 103% July 6 Apr 39% Jan .48% 93% Jan 41% Jan Dec 100% Jun 13% Jan 44% Jun 56% Dec 1233/4 Jan 128% Apr 112 97 13 44 % Aug Dec x6% 29 3 99'A Apr 6 8% July 12 11 3 13% Apr 21 60% Sep 14 Jun 51% Apr 20 124'A Jun 13 129% Mar Dec 105% July 28 119% Sep 3 18 Range Since Co 9 per share $ per share Jan 1273/8 Sep Jan 104% Dec 102% Jan 13 Feb 193/4 Sep 22% Jun 38% Dec —' 11% July 2% Jun 11% Jan .... 4%% 17 Dec Jun 20% May 124% Dec Feb 7% $4.25 General Jun 24% Jan 5 General (The) American Jan Amer 19 126% Feb 23 8'A Oct 3 22% Jun 27 Bronze 2nd Electric Apr 102% Jan 101 Jan 10 107 Oct 17 213A Jan 19% Jan 3 32% Oct 5 30'A May 101 % Jun 2 30 67 July 64 Sep 73 Jun 12% 24 Jun 37% Dec 313A July 13 79% Jun 91 Jan 90 12% Jun 17% Jan 13% Apr 19 72% July 80% Oct 80 Jan July 17 77% Jan Apr Mar 68 Feb Jan 8% Jan Jan 23 7 25 4 10 21 Dec 28% Aug 16 17% Jun 253A Dec 22% July 12 52% Aug 16 Dec Dec 73/4 Jun 128 May 4 30% May 11 99 Aug 22 90% Sep 16% Oct 19 18 Jun 24% Jan 31% May 58 % May 27 12 Fpb 106% July 20 13% Mar 24 134 Jun 116 Jan Jun 19 Sep 52% Jun 72% Dec 693A Jan 3 116 Aug 101 % Jan 20 105 Jan 43 3A Jan 13 Jun 10 Jun 16% Mar 10% Jun 27 28 Jun 41 36 Feb 24 Jan 1% Jan 3 Apr 7% Jun 1033A Jan Aug 13 7 21% Sep 22 86% Sep 26 14% 98 3/4 6 51% Oct 100 x95 % 5% 3%% $5 11 3 Gen General 4%% 4% 5 12,700 *26% 47/3 4% % 2 26% 26% 27 27 27 27% *26% 21% 20% 21 20% 21% 213/8 21% 21% 213A 4,900 23% 23% 23% 23 % 23% 233/8 23% 23% 233/4 13,400 106% 106% *106% 107'A 106% 106% 60 54% 54% 53% 2,700 par *101'A 5 9% *155 26% * 106 % 54% *101% 105 9yB 9% 157 107 *106% 54% *101 105 10 9% 157 *155 157 July 26 22 108 3A Jun 14 Oct 45% May 20 8% 8% 8% 8% 8% 8% 8% 8% A 68 68 *29% 67% 68 30 30'A 15% 15% 115% 114% 116 48% ,48% 49 48% 48% 48% 48% 49% 49% 48% 47% 48% 102 /' ♦100% 102 *100% 10% 11% 10% 57% 57 57% 127% 128 *114 116% 115 115 114%. 116% *114 AND HIGH 28% Dec 25'A July 3 31% Sep 28 Grant 93% Apr 11 Jun 16% Apr 11% July 13 Apr 17% Feb 32 Jan 36% Oct 32 37 Mar 2 Aug 24 11% Jun 14% Sep 12 Jan 3 33% Jun 433A Jan 33 Jun 29 16% Jan 18% Apr 137% Jan 67 Nov 65 43% Dec Jan 17. 3 103 3 28 Union 7 Great 7% July 4 20'A Aug 28 Common Apr 17 18 3A Jan 13 63A Jan 3 11% Jan 100 Jan 30 7 28 4 1 12% Jan Oct 19 Dec 49 Jun 30 603A Sep 13 56 34 Jun 71% Jan 59% Jan 25 81% Oct 4 16% Jan 22% Dec 18% Jun 30 24% Jan 13 35% 35 35% *34% 35 5,100 17% 173A 18 23 23% 124 124 7% 7% 29 29 *57 9% 129 18% 112 23% 124 7% 29% 83/4 24 23% 125 *122% 73A 29% 33% 333/4 115% 28% 28% 28% 28'A 39% 38% 39 38% *105% 107 31 31 95% *90 107 313/8 30% 73/4 31 253A 125 32% 31% 32 'A 12,300 *34% 3.4% 116% 116% 520 283A 28% 28'A 28% 3,300 38% 38% 38% 383/b 39 37% 37% 1,600 107 31% 97 92 106 31% 95% *90 15 106'A 32 92 50% 50 51 % 95% 95 95 19% 18% 19% 19% 19% 28% 28% 9% 128 93A 129% 9% *128 19% 18% 19 112 111% 112 111 *103 60% *106'/2 58 32% *90 19 19% 107 *95% 16% 19% 29 31% 92 14% *84 *105 95% 49 88 34% 116 97 95% 19% 9% 88 16% 50% *94% 19 *84 16% 50% 96 19% 88 *105 31 *90 com 200 19 8,900 *84 19% 18% 183/4 18% 18% 2,166 28% 29 29% 29% 29% 29% 6,500 57 5/a 57 58 58 5 7 5A 9% 93/b 9% 93A 129% 130 % 131 % 19% 19% 18 3/4 19% 18% 183/4 9,200 114% 114% 116 114% 115% 114% 1143/4 2,400 103% 103 103 103. 104 61% 107 *103 61% *106% 62% 107 61'A 107 9% 134 133 common 103% 400 60% 61% 9,100 107% 107% 1,200 *106% *12 3A 107% 13% 13'A 40% 40% *40% *41% 42 5A 200 2% 2% 2% 2% 2% 2'A 2'A 2'A 2% 2% 2% 37,300 8% 8 34 9 >A 9% 8% 9% 8% 8 34 *34% 353/8 11,100 2,100 42% 12,800 29% 3,900 108 13% 40 13 12 3{, 13% 42 13% *40% 13% 42 13'A *40% 13'A 42 34% 35 35% 35 35% 42% 42'A 42% 42% 43 42% _5 *29% 293A 29% 29% 29% 29% 293/4 30 293A 30'A 29 101 101 1 *13% 35 101 101 101 1003/4 1003/4 100% 100% 14% 14% 14% 34 34 34 133/4 14 *33% 8% 1 14 14% 14% 133/4 33% 33% 33% 331/2 *33% 1003/, 14 *33% 2,300 100% 170 14'A 3,700 35 120 153/4 1534 15% 15% 15 % 153/4 15% 16 15% 16 15% 15% 5,500 41 S/8 41% 41 41% 41% 42 42% 42% 42% 43'A 42% 42% 18,200 19% 19% 4,600 150% 150% 19% 150 19% 150 19% *150% *72 19% 19% 151 *150 76 *72 19% 151 19 % 1934 150% 150% 76 76 40% *40% 40% 40 18% *72 76 *39 3/4 40 % 40% 40% par *18% 18% *18% 18% 18% 18% 18% 10% 10% 10% 10 3/a 10% 103/a 10% 983/4 98 % 98% *98% 983A 31% 31% 32 32% *98 31% 8% 9 8% 9 40% 32 8% 19% 150% *72 *72 8 3/4 19% 151 76 *73 130 78 5,800 40% 40 40% 18% 18% 18'A 18 3A 700 10'A 10% 10% 10'A 36,700 *98% *98'A 98% 98% 983/4 130 323/8 32'A 32% 32% 32% 12,300 8% 8% 8% 8% 8% 3,000 39,100 8% 17% 173/8 173/4 17% 18% 18 19 18% 18 3A 58% 58% *58% 58% 58 58'A 58% 58 3A 59 583/4 59 25 __ 17% _No par $5 preferred Gulf Oil Corp Gulf States Utilities Co 380 *106% 8% 1 134 62% 41 % 1 4,600 9% 19% 34% 100 Aircraft Corp 9% 400 129% 3 preferred 88 183/4 *57 1 ___ 31,660 51 95 18% 35 100 36,500 49% 41% RR 80 16 % *94% 35 -No par 180 3,600 92 16 41% _No par 313A 97 41% com 107 *95% 35 101 1,700 34% 116% 28% 28% 18% 20 4,700 32% 34% 29 130 9,800 283A *90 *57 26 125 28% *95% 58 25% *122% 31% 14% *57% 15,600 116% 19% 58 10,100 34% 92 *84 9,100 3% 17 116% 34% 117 95% 88 17% 7% 96 *84 3% 16% 7% 47% 19 263/4 125 17% 7% 14% 19% 25% *122% 3% 17 7% 15 % *95% 1 3% 16 3/4 73A 45% 14% 45 88 31% 115 7% 3% 17 41% 100 Sugar 23% 113% 107 3% 16% *122 % *333A 34% 117 3% 17 *34% Tap & Die Corp_ -No Greyhound Corp (The)— 4%% 2% 16% 10 —. — pfd Green Bay & Western Green (H L) Co Inc Grumman 13 *38 -III—5 — 100 Sugar *1063A 3 -No par M S & P (The) Gulf Mobile & Ohio RR com.No par Jan 54% 2,400 9% Guantanamo 14 Jun No par _No par Inc 19 Jun 22. 10 35% Aug 16 11% July 11 41 3 100 __ Batteries Greenfield 11 95 Apr 7% July 50 common. _No par Steel—. Western 453A Mar Jan 19% *28% preferred 71 9% July 17 20% 2.50 preferred 2 Jan 700 21% 96 No par Gt Northern Mar 104% 21% 92 No par 18 Aug 30 *103% 21% 17% "84% 1,000 104 17% 19% 125%, 125% 21% 17% 5 125% 125'A 104 21% 17 96 164,200 104'A 16% 14% Share# 51% 51'A 125% 16% 443A. 52'A 21% 33% *95 sharet 51% 104% 17% *90 t per Sales for the Week $ per share 125% 33'A *95% 53 Oct. 20 Oct. 19 21% 3% 31 share Friday Thursday 104% 173/4 *105% 218 700 125% 34 5 1,708 l' 21 3% 34% 5,800 125 173A 29 116% *115 < *104 33% 115 10% 57% 128 20% 125 3% par 115 127% 102 104% •21 17% 7% 115 57% 20% 125 104% 33% 23 10% . *103% 125 3'A *122 — Grayson-Robinson Stores 6 f per 52 % 17% 1 Ry 6% 52 33% 1 (W T) Co common 3%% 51% 5 preferred Co City % per share 10c 10 22 51% 116 »A 9,600 PRICES par Oct 152 50% 127% Wednesday 33% 44% Jan 16 21 9 per share 51% SALE 127% Oct. 18 Oct. 17 1 Motors Granby Consol Grand 13 July .104% Hosiery 353A Aug 14% Mar *124% No par $2.25 conv preferred—— -No par Gt Northern Iron Ore Prop_ _No par Apr 28 50 5A 61 20% Mar 18 I per share Tuesday • 104 Granite Apr Oct. 16 59 3A 19 100 LOW Monday 128 24,600 49% ♦100% 11 57% 139 49% 49% 102 11% 57% 127% par *100% 10% 57% 127% _100 102 10% 57% '600 1,800 48% 49% 493/4 10% » 117 *116 117 57% *1023/4 Oct 10 *100% 117 58 61 Graham-Paige 102 15% 10% 10 *57% 127% No par 15% 153/8 15% * 100 30% 15% 48% Saturday common 100 7,2008,500 68 30 15% *113% 128 10c 68 30% 15% 49 100 No 69 30% *68 115% 48% *127 No par 30% 114% 100 5 69% .15% 104 2 30% i53/8 49 60% 43 29 2% Oct *68 30% 114% < *100% 1 68 *29'A 15% , *47% No par *67% 30% 114% No par Corp 4,500 83A *102 3/4 preferred 10% 156 8% No par $5 *154% g.v4 48% preferred Gould-National 10'A 10% 156 gs/a Goodyear Tire & Rub com—,_No par Gotham 105 *102 23% Telegraph Co 4 10 156 53% 54% 105 23'A Goebel Brewing Co 2 10 158 107 23% common (B Ft 54 23% 50 $4.50 preferred Gleaner Harvester Corp_ $5 *156 *106 3/8 *102 No par Goodall-Sanford Inc 64% Sep 9% 10 157 54% 105 23'A 100 Goodrich Co 54 % *102 22% preferred— _100 Georgia-Pac Plywood & Lumb Co__1 Gillette Safety Razor com No par $5 convertible preference—No par 18 54% 105 22% 100 Oct 107 21% preferred & Stock 54% . 21% . Gold 1,100 27% 26% 21 23% Oct. 14 Corp 19 309 23% 27 21% Castings $6 pfd—No 17 5'A 21 No par Equip Oct 5 400 21 STOCK 19% Oct 5% 21% preferred convertible 4% 223A 23% 33A% 9 22 1,700 1 —No par (The) 22% 21% Telephone Corp Glidden Co 21% 5 : Gimbel Erothers *183A 5 com preferred 37% Feb 28 page 4% General Tire & Rubber Co com 4 see 4% 39% 4 footnotes 4% General Time Corp common—No par Jan For 4% 28% 243A Jan 9% 5,700 20 29 100 22 Portland Cement Co Steel Dec Jun 21% preferred Realty & Utilities Jan Jan 21% 22 Railway Signal corn——No 6% 28% Feb 21% General 303/8 5 20% Advertising Precision Jun 15% 21 General Public Service Jan 93% 21 1.66% preferred 16% 12 19 —No par YORK Outdoor 16% Oct 18% *18% 2 Preferred $3.75 series Gen 83/4 Jun *17% 19 Par Feb 934 18% General Motors Corp common 534 11% 18% 19 39 39 100 convertible 3% 33% Mar 18% *18% 43/4 preferred 1% May Oct 18% 18% Instrument Corp Shoe Jun 19% 18% 18% Refractories 15% 144% Mar *18% 18% Co General 99% Dec 18% 18% 100 General 9 62% *17% 18% preferred 19 Oct 133% July 18% com 19 40 Dec 18% is% Corp__ 35% Sep 25 101 8% 39'A preferred—_50 32% Oct Jan Sep 8% 39% 1 Gen 26'A Oct 7 22 106 3% 38'A General Public Utilities Corp Dec 45% 8% 38% com 20 July 13 119% Sep 6 18 3A Feb 273/8 104 8% 38 % General Mills common_; Gen Jun Jun Inc $3.50 preferred General 9 4% Mar 23 18% Jun 8% 38% General Foods Corp com 18 3/4 Oct 11 24'A July 27 34 8% 38% Cigar Co Inc com___No par preferred 100 7% General General Nov 100 8% *37% No par conv 3 31 10% 8'A 1st preferred Jan 38 Jan Jan 2,900 8% 34,400 37% preferred series A—No Co common 4% 2 7 22 34 5% 1,100 8% 8% 8% Transportation- 4% 11 Jan 55 18% General 23% Apr Dec July 11 18% _ Investors General Cable Corp 127% Mar 34 48 10% 183A $ per share 54% Oct 122 77% 11'A 18 3/8 EXCHANGE Mar 5% 11 18% No par Industries NEW 99 % July 24 10% 18% 8% 37% Baking preferred $8 105% Jan 14'A July 13 17 % July 3 Nov 20% 10% 18% $4.50 preferred— General 6 2% Sep Nov 4% 15% 120 8% 10% 18% 8% No par Co convertible General July 13 26 July 26 12% July 12 15 16% Mar 3% 8% 10% 18% 8% 5 Gaylord Container Corp Highest x97 ■>123% — 8% 10% 18% 50 (The) Corp Gar Wood Jan. 1 Lowest Highest 48% Sep 28 122% Jun 15 — __ 8% 10% 18% STOCKS Year 1949 t per share 8% 10% common Gamble-Skogmo Inc common 5% convertible preferred Range for Previous Lowest 8% 10% 18% 1 (Robert) preferred Gamewell 4,200 8% «8% 1 __20 (The) Inc 9'A May 4 393/4 May 9 20'A Apr 25 19% Mar 16 15% 21% 6% Co 79% 79% 79% 80 80% 80% 80% 80 80% 79 34 80% 10,300 20% 20% 20% 20% 20% 20% 20% 20% 20 20% 7,100 ..No par 203/4 18% 18% 1,500 15 The Commercial and 16 Financial Chronicle . . . Monday, October 23, 1950 (1544) RECORD STOCK YORK NEW Previous Highest Lowest # per share $ per $ per share Saturday ( per $ per share Par $ per share share Oct. Hi EXCHANGE HIGH $ per share $ per share the Week Oct. 20 Oct. 19 $ per Sales for Friday Thursday Wednesday Oct. IH Oct. 17 share PRICES SALE Tuesday Monday Oct. 14 STOCK YORK NEW Range Since Jan. 1 Lowest I Highest Year 1949 AND LOW STOCKS Range for share $ per share Shares H 14 Hackensack Jan 31 39% Dec 30% Sep 28 46% Feb Dec 22% Apr 20 32 % Aug 24 Halliburton 18 Well Cementing___5 Oil 16% Jun 24% 12 Jan 14% Dec Sep 29 Hall 11% Jun 13% Dec 11% Jun 15 14% Jan 12 Hamilton Watch Co com Jan 66 % July 13 80% Feb 8 72 % July 104 V2 Apr 18% Nov 142 May 81 11 108% Oct 19 Hanna 20 Jan 3 27% Oct 19 Feb 141 Jun 30 Mar 31 27% Jan 12 Hart Nov 7% Feb 10 Hat Oct 64% Jan 79 7% 68% 19% Feb 25 Dec 20% Jan 25% Dec 25 84 Jan 95 % Dec 93% Feb 3 37% Dec 32 % Aug 16 5% 10% Jun Dec 9% Jan Sep 28 11% Oct 5 8 % July 13 5 July 3 20% July 18 Jun 148 9 8 % Jan 7 24 % Jan 41 Jan 9 106 % Jan 6 Jan Jan 23% Jan 32% Dec 253/4 Aug 34% Jan 42% Dec 39 July 14 44 13% Jan 17% Aug 14 Jun 20% Mar Jun 53 49 Feb 131 40 122% 26% Mar Nov 52 103 Oct Dec Mar 20 July 27 122% Aug Sep 33% Mar 16 1 29 127% Mar 13 2 45 Dec 34 July 25 48 52 % Aug 23 56 Feb 223/4 Feb 80 Jan 14% Jun 21% Jan 15% July 14 103/4 Jun 27 77 Dec 84% Sep 68 3/a July 24 18 % Jan 12% Dec 11% Mar 6 Jun 15% Dec 143/4 Jan 4 12% Jan 15% Sep 12 Jun 29% July 12 22:% July 13 Dec <G Helme 7% 27 8 Holland Furnace 31 Jun Oct 5 173/4 Sep 6 Jan 16% Apr 18 20 % Aug 18 Holly 28% Sep 25% Jun 12 29% Mar 7 5% .50% Nov 31 Apr 100 34% 32% Jan Dec 44 % Oct 13 3 Oct 19 Jun 116 Dec 109 Jan 13 94% Sep 101% Dec 101 % Jan 12 107 9% Jun 13% Dec 10'% July 13 14 30 Feb 35% Nov 28% Jan 41% Nov 86% Jan 99% Dec , 1 483/4 May 146 July Jan 9 Jan 10 10 34 293% July 13 94 Jun 28 46% Jan May 24 38% Feb 29% July 27 103 Jun 42% 11 47% Jan 100 % Aug 29 106% Aug 10 3 56 3/4 Jun 13 19 $2.25 preferred 4?/o Light 59% May 19 Jun 16 Oct 15 Mar 22 24% Oct 19 Howard Jun 46% Jan 33 July 25 44% Jan 9 Feb '4% Jun 8% Jun 33% *4% Oct 11% 17% Dec Jun 8% 7 % Dec 47%. Jan Feb 9 38% Jan 44% Oct 12 Aug 11% Mar 13 1 11% July 21 19 8 7 Hudson Nov 11% Jan 8% Jan 12 1% May 2% Jan l3/4 Jan 3 Jun 10% 183/4 Dec 16 15% July 31 43/a Apr 22 25% Apr July 17 13 5% Foods Hunt t per share $ per $ per share share Jun 363/4 Dec Feb 363/4 Dec 73 Jun 20 Jun 25% Jan 100 Dec 34% Dec 37% Nov 32% July 25 34% Jan 25 82% Jun 29 98 Jan 3 34 Jan 25 49 Oct 6 31 July 13 413/a Mar 23 51 ~7% Sep 10% Jan 29% Dec 523/4 Jun 9 9% Jan 4 25% July 12 53/4 Jjuly 14 333/4 Mar 27 Sep 21 7% July 13 Jan 21% 4 6% stock 4.08% Industria Electrica Industrial Apr 160 1 175 Jan 38 Aug Jan 26 Feb 2 Apr 533/4 Oct 10 19 Jun 18% Jan 12% Mar 30 18% Aug 23 Jan 103/4 Dec 18% Dec 9 % Aug 8 16% Jan 16 11 Apr Jan 95% Dec 100 1 Jun 2% Jan 92% Aug 9 1 % Jan 25 93/a Jun 13% Jan 123/4 Jan 185 13 July 17 Jan 5 25% Oct 17 Oct 9 3 July 25 17% Oct 240 18 Mar 29 223/4 Jun 293/8 Dec 164% Jan 180% Dec 1713/4 July 13 5% Feb 10 Dec 133/4 Apr 24 Jun 343% Oct 73/4 July 12 31% Jan 25 55 Oct 19 73% Jan. 86% Oct 81 93 Oct 6 25% 133 Feb Jun Dec 6% Dec 31% Jan 143 Feb 25% Jun 27 Aug 18 3% July 31 25% Mar 31 130% Feb 24 12% July 24 33% 4% 43 37% Dec Jan 94 Dec 103% Nov 104 Nov 7% Feb 5 Nov 50 Jun 71 Feb 61 35% Jan 25 Feb 1 July 12 49% Jan July 25 3 Feb 52 41 Jan 46 3/a Oct 38% Jun 573/4 Jan 34 Jan 38% July 18 42% July 3 32% Aug 30 11% Apr 20 Dec 17 303/4 Aug 7% 14 Jun July 9% Jan July 17 18% Feb 23 Aug 20% Jan 24 Jan 34 Nov 28 — -X. — 24 Jun 32 Jan 136% Aug 148 Feb 3 32 3/a Oct 181 9 % May 35% Sep 137% Jun 14% Aug 593/4 Sep 110 20 Jan 16 6 8 18 7 7 18 Sep 1 93/a Oct 18 72 Oct 19 67 Ingersoll-Rand Ctfs Intercontinental 17% *17% 14 «/2 14% 14% I434 14% 14% 14% 14% 800 24% 23 % 243/8 2"% 24% 23% 24'% 23i% 7,500 24% 16 24% 23 34 24% 15% 15% 15% 15% 15% *14% 15% 500 16 par 18% 18% 18% 27% 27% 27% Minerals 4% 393/8 37% 393% 43 43% 44 43% 43% 143 *142 144 146 *142'% I441/2 103 % *103% 104 104 *103% 104 *141 12% 12% 12% 13 13 32% 32% 32% 32% 33% 34 33% 98 98% 97% *104% No 57 54'% 5534 7,-300 23 23% 23% 24% 24% 23% 23% 2,800 40% 40% 413/4 41% 41% 40% 41 8% 93/8 8% 9 8% 9 8% 9'% 18% 17% 18 17 3/4 18 18% 18% 48 3/« 48% 49% 433/4 491/2 49% 50 16 16% 16% 16% 16% 16% 16% 17 143/4 15 14% 14% 14% 143/8 141/2 3% 33% 3 % 3% 3% 3% 21% 21% x21% 213/8 21 com International International International Silver 36% May 1 July 27 3 h 50 4 4,100 53,200 21'% 1,400 FRICES Oct. $ per $ per share Sales for Friday Thursday »»^u..c->uay Oct. IK the Week Oct. 20 11) $ per share share Shares 35 50% 51% 13.000 90 90 *39% 90% 1,000 431/2 48 % 48% 48% 33% 34 32% 33% 50% 50% 50% 33% 503/4 *50 50% 7% *7 50 % *50 57% 72% *160 51% 17% *10 24% *99 *160 162 51 % 51% 214 313/4 17% 17 17%' 10% 10% 10% 23 3/8 241% 100 ' *99 2% 17 214 214 33% . 134% 34 61 l_No par *65 7 58 59 % 2,200 74 73% 73% 500 162 *1G0 162 *160 162 52% 17 % 53% 17% 7% 6T|% 53 17% 71/4 53% 53% 18-/4 13 53% 53 -17% 18'/8 2C 160 160 53% 13 7,603 10,600 " *10 101/2 10% 10% 10'% 1,00) 25% x24% 25 % 24% 25 24'% 2434 19,60'J 99 100 10% 24% 99% 99 % 99 V4 *991% 100 99 % 93% *10 2% 23/8 23'8 17% 17 % 17% *213% 214 215 31% 10% 10% 10% 52 5134 52% 93 177 92 -91 2% 1 ~ 214% 31% 177 2% 2% 2 % 3,500 17% 17% ] 7% 22.100 *215 31% 32 178 178 10% 10% 10% 52% 53 53 93 *52 *92 34 134% 3% 3% 3% 3% 3% 33% 3% 34:,8 34 % 34% 34% 134% 134 *134 110 2% "■« 214',2 10% 17% 2% ,r • 134 134% 218 300 219 217 32 V* 31% 1773,4 178 32% 30,600 450 178 10% 10% 8,000 55 54 5434 8,700 93 *92 10% 3% 34% 134 3% 6,200 34% 34 134 200 93 3% 36,700 630 134 13% 107 13% 13 % 13% 13% 13»/4 13 »/s 13% 131/8 13% 10,000 46% 13% 46 3/j _100 200 7 7 % 59% 176% *134 134% 13% 2,000 73 31% 33% 2,500 8 59% 176% 33/4 lOo % 28% 8% 28 601/4 51% 3% *7 9% 23% 73 31% *91 *28% 069 7,000 *72 7'.:, 10 3/s 51 9 /a %J 33 50'% 73 176 % 10% 9 28% *49% 60 313/a 32 93 com—No par * *160 52% 24'% 176 5/s 176s/a 10% 162 b% 23% 43 48 32'% . 713 4 *7 59 % 72% 9 28% *50 1,400 60 7'% 58% 72% 33/4 46% 46 34 47% 47'/a 47% 46 a 4 47% 46% 46% 24,500 IO534 105a4 *105% *105% 107 8% 7% 7% 61% 60 % 64 65 *65 8% 8% 66 8% 106 107 8% 9% 106 108 69 67 72 *65 400 108 8% 72 93/a 10,000 68i% 93/8 65% 71% 3,270 67 65 65 67 67 67 Nopar 41% 42 42 42% 42 % 4212 42% 42% 42% 42% 43 % 43% 1,700 25 59% 593% 58% 59 59 59% 593/4 601/2 601/2 60% 60 % 60 % 2,400 35 % 35 35 *35 35% 35'% 351% 14'% 133/4 14% 14 14% *22 common '_25 par Corp 5 Stores^ Nopar Ho par Iowa-Illinois Gas & Elec Co—No par Power & Light Co__ —10 Iowa Coal 35 52 90 90 1 mew 35 % 51% 48 51 Limited—_ 15 35% 90 33 % *91 — 35' '4 51% 90 5 — Dept Creek 3% 21 1/4 35 47 % 100 com Utilities $6 3'4 21% 45,000 15% 51 34 2% Telep & Teleg—No Island 3% 6,200 17% - 35% 47 17% Corp preferred 29 Jan 50 2% International 22 SALE 49% 483/4 21% 3% 22 3,600 51 *34% 35 17 % International 213/a Sep 35 34% 49% *71% par 100 Salt 27% Sep 141 35% No par Shoe 7 20 July 11 $ per share $ per share 49% —No par . 18 173/4 July 26 27% Jan 5 HIGH 'luesday Oct. 17 16 90 *6% j._5 : preferred Interstate 135 Oct. 58% 20 Intertype Corp 25% Oct AND Monday *17 5,100 17% 15 - 2,300 8% 17 15 • 33% *50 ___1 Chemical 28 19 30 55% 48 21% 80 55% 46% 7% 14 105'% 55 90 46% Sep 25 1,400 98% 105'% 54% 333/4 *105% Apr 34 *971% 2.800 47 7.50 29 *33% 973% 53 91 No par 45 33% 107 52% 333/4 1 i Packers 4 *105'/2 52% 47 *893/4 No par Oct 22% Jun 49% S A Inc Canada July 12 971/4 93 % 5-lV* 14% *35 50 preferred 7% 1,600 18 16% Int'l Rys of Cent Amer com__Nopar 5% 33% 50% * I per share No par Co 33% 34 106 "33% 50% 9% _100 Paper »/2 33 32% 51 % 40% 1000 Preferred $4 1 106 20 6,600 503/4 22% : Mining International Inter 33% *9 130 12% 12% 51 54% common Nickel of Int'l 97% *105% 105% 503/b 41% No par Mex, preferred International 33% 106 900 12% 12% 32% 22 *213/a 144 *103% 13% 32% Saturday A Rubber 613/4 Oct Apr 21 103 % 40'% 33/a 8,300 43 54% *14 700 39 38% 104% 1,100 28 423^ 140 1,400 *27% 39%' 213/4 Machines & 28 42% 42 139 *103% 18 47"% 18% 18% 18% 42 3% 54% Int'l Hydro-Electric Sys class A__25 Int 18% 28 39% 21 42% 9% common preferred 7% 13% 28 39% 393/8 54% 16 18 % , 17% 17% 18 38% *20 *41% 9% 17% 47% 17% 18% 28 18% 273/4 54% 100 463/a Jan 16 15% 16% *15% 18% 18% *27% 28 3.93% 39% *42 43 *138 141 *103% 104% 12% 12% 32% 32 % 34% 34% *97% 98 *104 105 *50% 52 common. 100 — Business 7,300 17% pfd ser A__100 Iron Harvester 14% 14 14% LOW De Corp Int'l 14 '/8 110 75 *74% 75% 14 14% Copper Cons Int'l *74 300 14% preferred Interlake 17,600 ,18% 100 4%% 17VS 14% —_25 common Insuranshares 16% 18% —No par Inspiration 2.200 17 *14% preferred Interchemical 20'% 53 % 14% Inland Steel Co 6% 20 14% Oct. 14 Rayon— 9 *53% 20% 18% ' 8% 19 Jun 42% 53'% 14 % 14 14% 4,200 43 42% 75% *74 75 *73% 28 % 22 33/4 16 3/a 74 8% Jan Dec 16 74 16 % 73% 28% 65% Sep 234 16% 8% 71 Jan 16 3/s 28'/4 29 xl45% 16% 16% * 20 % 16% 20 % 8% 42% Mar 28 86% 20% 283/4 63 8 20% 53% 53% 20% 42 423/8 53% 21 20% 8% Oct 11% 42 53 % *28% Jan 12% 42% 53% 143/8 RR Co— Dec 41% 41% 53% 5 Terminal 8% 165 16 73% 41% 14% preferred 72% Jan 41% *53 % 20% 20 126 *125 126 *125 126 *125 126 41% 53% Indianapolis Power & Light—No par Illinois 42 *40% 42 1,300 *17% '_No common 53% May 40% *53% 20 Jun 30 *125 12.50 series Co cum 28% 1,700 105% 283/b 1,100 5 Co conv ctfs Power *105'% 28% ' RR non-cum RR Illinois *40% 106'% 4,100 Co— Central 281/2 42 *41 42 *41 28 33% 16% STOCK 55 155 42 273/4 28 »/2 28% 28% *41 *105% 106% 33% 34 125% 6.66% 33% Mar Jun *28% 34 34 *105% 106% *105% 106 % 34 34 34 34 33% *105 *94 *124% Par Illinois 4 1,000 95 % 95% 125% $ per share 52% Oct 3334 *94 33 % *94% 23 4 1 YORK Idaho Power *33% 95% 33% 95% 22 3 *124% EXCHANGE 40 V4 Mar 15 33% 33% *94 V2 58% 58% par 100 100 Power I 31% 22% 33% 22% *33 581/4 _No par No par ;_No par —50 Inc NEW Highest , 2.300 16% Corp 1 Hussman Refrigerator Co——No par Range Since Jan. 1 Lowest Highest 22% 33% STOCKS Year 1949 22% 58'/4 Hupp Range for Previous Lowest 17,800 22y% 16 3% Car— Motor 6'% 22% 58'% preferred—-.100 & Sm Ltd—No par non-cum 6'/a 22% 22% 33 1,500 11 6% 16% Hudson Bay Min 173/4 Oct 80'% *10% 6% 58% Manhattan common—100 18% Oct *79% 11 I 6 '/2 16% — 49% Sep 80% 11 61/4 6% 58% Texas vtc 9 *79% 81 11 571/4 Stores Corp July 13 35% MaT 13 6% 500 58 —; Howe Sound Co Hudson & 2,800 6% 57% _____ Oil of Houston 12% 25 % 6% 58 5 com & 25 % 6% 57% Household Finance common—No par Houston 25% 6% 16% Sons—x preferred 25% 95% 22% 10 25% —..—5 preferred conv 6 % 6,300 146 *143'% 1 series A preferred I 33/4% *79% 11 "lO 27% 27 % 27% 14.6 16% 5 Houdaille-Hershey 63/4 6% 81 11 *143% 146 108'% 10 $4.50 2nd pfd $4.25 *6% *79'/a 27% 16% Electrochemical Co com—5 Hooker x25 % 108% 27% 75% 109 % 16% Co Co & *143'/2 6 *94% 106 % 28% 27% 26 10% 6 108% *107 271/4 12% {74 % *108 16% Corp common x_10 preferred— 30 Mining— ——12.50 Homestake 31% 29% (A) 75% 16% Sugar conv 12% *74 % 42 (Charles E) Hollander 153/4 22% 12% 76 *41 common—1 Corp Paper & Co Jun X24 Dauch Hin'de Hires 2.300 13 *16 Hotels Corp Hilton 5 9 12% 17% 25 preferred series A—„_100 19% Sep 2,100 No par common—No Chemical 16% May Jun July 25 preferred Powder 28% 10 common preferred—————100 5% 8% Jan W) *34 *105% 6,100 17% 146 81 10% 33% ' 31 17% 25% 6% 6% *79% 95 a4 343/4 100 Motors— Hercules 16% 34% common non-cum Hercules 24 % Mar 10% Apr Co Jj 30 % 17 3/4 *1431% 25% 25% 22"% 33% *94% preferred 3.65% Heyden 3%% Jan 14 % Sep 8% May 11% iH Heinz *223/s 15 100 —25 common preferred Hershey Chocolate common—No par 4%% preferred series A 50 Hewitt-Robins Inc__ 5 Jun Dec 21% 20 3 58% May 19 53% Aug xl3% Mar 10 Co 33/4% 5 Co Hazel-Atlas Glass Hecht 5 6 31% 17% 12% 108% 26% 145 145 6% 81 11 6% 103% 26% 26 % 100 30 3/4 17% *74% 76 *107 108% *107 26% *6y/4 *79 %17% 31% 31% 32 30% 12 5/a 25% 2 19 12% *74'/a 17% *31% 32 30 17% 13 76 25% 1 -100 1 Corp Hayes Mfg 10 30 common Inc 17% 12% •74 Vis 17% 147 *145 10 preferred 98 % Apr 98% 105 Corp of America 4%% Hayes Industries 33% Oct July 17 100 — & Marx— Schaffner 26% com—No par Refrac preferred 6% 23% July 17 5% Jan 3 Dec 6% *107 Harbison-Walk 25% Jan Co $4.25 pfd—No par (M A) Apr Jan 23% 149 *74 12% 76 108% 17% 12% —100 preferred •31% 30% 30 30% 30 32 *31% 32% *31% 32% 30% 30 5 No par Printing Co„ F) conv 104 Jan 4% (W 4% Nov 108 % Jan 20% 61 13% July 25 *31% 25 Water 50c common preferred :__1 *35 13 5/a 22 213/4 22 28% 283/4 28 28% *28% 31 31 31 31 301/2 26% 26% 20% 26 26% 25% 19% 20% 19% 32 % 140 32% 32% 140 *140 32% 141 32% 35 % 200 14% 13% 14 13'% 13% 80,600 22 3/a 22 20% 35'/4 22 22% 21% 22 22 221% 4,200 28% 28 28% 28% 28 3/s 28 28 2,300 30% 30% 32% 32 22% 32% 32 % 3,900 26 25% 26 25% 26 25'% 253'4 7,200 20 20 20% 20 20% 20 20 % 8,200 32% 141 *140 *35 13% 32% 141 *35 600 72 *67 33 33 141 *140 33% 33% 141 34 2,200 140 140 40 7 6,600 18 200 J 2% Jun 73/8 Dec 11% Jun 18% Jan 61 Jan 94 Dec 44 Jan 59% Oct 105 3/a Dec 95% Jan 5% July 18 14% Jan 5 x91 Oct 6 54%'July 19 103 Jun 26 73/4 Jan 11 Jacobs (F L) 18 3/4 Sep 25 963/4 May 15 Jaeger Machine C0--1 Jersey Cent Pwr & Lt 4% 70% Mar 3 Jewel Tea Co 107% Mar 1 3%% 30% Jun 50% Dec 36% July 26 51% May 18 Johns 29% Jun 54% Dec 48 64 Johnson 102 Feb 109 Dec Jan 3 __l Sep 26 21 Jun 33% Jan 106% July 21 27% Jan 13 443/4 Oct 6 73 Jun 86 Jan 81% Jan 13 95% Oct 17 30% Dec 40% Mar 23% July 17 34% Mar 6 8% Jun 12% 94% Jan 102 Aug 100% Feb 105% Nov Feb 49% Dec Jan 623/4 Dec 109% Mar 20 4% *173/4 Joy 7 7% 7% 7% 7% 18 18 18 91 91 91% 91% 91% 91% No par 62 62 62% 62% 63 63 63 % 631/a ___100 *105% 106% *104% 1061/2 *105% 106 *105% 18% *173/4 106 7% 6% *17% 18 91% . 91% 92 92 150 *1.3% 64% 64 % 65 900 105% 105 % 103'% 105 % 100 __x_No par Corp_ 43 43% 423/4 43% 43 % 44% 44% 44 % 44% 45'% 43 44% 16,000 12 % *62 623/4 62 62 61% 61% 61 61% 59 60 5834 58 3-4 1,600 100 *107 *107 109 *107 109 common 2nd preferred series A 109 109 *107 109 *106 109 " 43 3 433/8 44Vk 43% 441/2 43 3'a 44% 43% 44% 95 95 95 95% 95 % 95 95 95 95 % 95 951/4 600 29% 28 3/4 29% 29% 29% 29% 30 29% 29% 29% 29% 10,800 11% *10% 24% 24 3a 43% 943/4 1 293/4 10 *10% 11% 11 City Pr & Lt Co com_No par 24s/8 24% 24% Co *107 423/8 42% _100 preferred series A Manufacturing *17% 18 91 preferred & Johnson 7 7% 18 91 Jones & Laughlin Steel com__No par 5% 7 pfd—100 Inc common Manville 6% No par Co 8 31,300 K Jan 9 Mar 24 23% Oct x34% 52 98% Jan 20 25 103% July 13 43 July 3 57% July 13 13% May 16 Kalamazoo Stove 25% Sep 15 KanSas 103% Apr 10 109% May 18 62% Oct 18 67 Oct Mar 19 14% July 17% Nov 143/4 July 26 19 10% Jun 14% Jan 10% Jun 30 13%-Jan 17% Jun 23 3/8 Dec. 20% Jan 13 28 Oct 19 19% Dec 163/4 Jan 30 25 % Oct 19 xl3% Jun For footnotes see page 22. 3.80% 4% 4% Southern 6 Kansas Power 9 KaySer (Julius) & *100% 102 *100% 102 _100 *105% 1061% *105% 106% com__No par preferred -_100 Light Co—8.75 & Kelsfey Hayes Wheel B 100 preferred—_- City non-cum Class Furnace preferred—I cum Kansas & Co conv : 11 10% 11 24% 2a % 24% *100% 102 *105'/4 106% *100% 11% 24'% 11% 24% 102 *100% 102 106 *105 106 '/2 11 % 233i *100% 11 %'; 24% 4,400 12,300 102 106% 1061/2 50 56% 57% 56% 57% 57 601/2 61 62% 611/4. €2 60% 611% 11,200 *65% 66'% *65% 661/4 66 66% 60 661/2 67 67 67 67 1,300 17% 17% 171/8 17 % 4,700 17% % 106 17% *123/, 12% 12% 12% 12% 12% 1°3'4 *26% 27 26% 27% 27% 27% 1 22 3/a 23 22% 241/2 24 25 , ■ 17% 24 % 17% 17% 12% 12% 12% 27% 17% 5 class A—1 27% 23 27% 2734 5,300 24% 24% 2 5'/8 25 25% 10,500 17% 17 % ,12% 13 2.600 Volume 172 Number 4953 . . . The Commercial and Financial Chronicle (1545) NEW Range for Previous Range Since Jan. 1 Lowest Highest $ per share $ per $ per share NEW Highest share YORK Saturday 56% Jan 49 "A Apr 3 67% Oct 18 48% Nov 45% Mar 1 63% Oct 17 Feb 16% Nov 15% Jan 3 65% Kern 11% 1 per share par Kennecott Jun Jun 25% Dec 24 10% Jun 16% Dec .27% May 24 13% July 20 Jan 13 Mar 90% 72 3A Dec 67% Aug Jun 31 3A Jan 24 3A July 12 Aug 98 Jan ,45 93% Jan 9 Oct 3 17% Oct 20 71% Oct 11 2 100 Jun Feb 43 Dec 37% July 14 42% Jan 48 3A Feb 62% Dec 50 July 12 62 Jan 5 Jan 60 3A Dec 53 July 17 72% Oct 20 Julv 13 7% Jan 6 5 $5 prior preferred Koppers Co 4% Kresge <S Kress <S S) Laclede & Gas ; 62% 633/8 62 'A 26 61% 61% 63% 243/i 243A 243A 25 25 42 3/4 423A 42% 42 3A 42% 423A 42% 423/4 »153A 16 3/4 *16 16'3A 16 3/4 16 3/4 17 17 *71 71% 32 32% 97% 97% 71% 71% 32%, *96% 10 97% 32% 38 % 38 54 68% 68 26'A 2,200 423/8 42% 43 5,900 17% 173/s 17'A 600 713A 71.3/4 71% 71'A 713A 160 33 33% 333/8 333/8 9,000 96 270 *96% 97% 96% 96% 96 38'A 39% 39 Va 40 40 40'A *53% 54 68 62 25% 33 % 533/8 53'A 533/8 53 % 533/8 1,800 68% 68'A 69 69 713A 3,400 7% 39,400 38 7A 54 VB 68% - 61% 713/4 : 97% 38 54 69 68 97% 38% *53% 19,000 12,300 623/8 26 , 32'A 713/4 32% 54 38 No par' No par *71 66% 42 253A 32% 66% 17% 60 % 1. Shares t per share 673/a 66'/a 67% 243/8 10 ~~ Co 66% >60% No par' (The) 66% 1 common Co— H) Co 653A par preferred Kroger 65 'A 65 Sales for the Week Oct. 20 Oct. 19 S per share I per share $ per share Friday Thursday Oct. 18 243A 100 Inc PRICES Wednesday Tuesday Oct. 17 $ per share 66 60 par Kimberly-Clarke Corp com___No Kinney (G R) Co common 26 43 x35% Copper No County Land Co Keystone Steel & Wire Co___No 9 Oct •34 Oct. 16 Par Jun 17% Monday Oet. 14 $ per share 39 25% RECORD SALE STOCK EXCHANGE 40 62 STOCK STOCKS Year 194» , Lowest- YORK 17 68% 7,700 L 4% Jan 8 Oct 3% Jun 6 Jan 17% Jan 22% Dec 9% Jun 11 3% Dec 6 3 Co 4 qs/4 pfd—75 Pesos Mex (The) No par *5% 5% 5% *21% 22% 21% 22 *12 12% 12% 12% *12 50 *43% 46 46 *43% 1 36% 36% 36% 36 % 36% 36% 36% 37 >363/8 36 3/4 36% 36 3% 1,800 5 56 56 55 55% 55 55% 553A 55% >55 56 55 55% 900 23% 23% 23% 233/a 23% 23% 23% 22% 2,000 98 98% _ 3% Jun 6 28 193/4 July 12 10% Jun 5 Sep 25 2 3 % Oct 4 12% Jun 22 47% Jan 25 La Consolid Lambert Lane Bryant 43 Jan 47 Oct 44 19% Jun 26% Jan 22 Va Jan 19 37 Oct 18 Lane-Wells 37 Jan 45% Dec 40'A Jan 25 62 % Sep 28 Lee 16 'A Jun 22% Jan 20 90% Jan 98 May 94 6 3A Jun 11 3% Jan 7 33% Jun 493/8 Dec 38 Aug 3% Jun 1% Jun 15 8% 24 25% May 9 100% Sep 25 9% Oct 4 50% Jan 7 Jan Jan 1% Jun 12 Jan 14 % Jun 30 21 Jan 4% Apr 20 6% July 27 64% Jun 12 8% Jun 563A Feb 20% 3 Jan 3 24% Jun x4I34 Jan July 13 Va July 13 5% Jun 47a 8 Feb 43A Jan Dec 11% Dec 26% 51 Sep 3 July 17 July 17 July 13 9 19 '10% Oct 18 2% July 26 Jan 4%% 20 24% Jan 9 common No par preferred Co Rubber Lees & Tire , (James) & Sons Co 3.85% common 3 ga/4 *23'/a 100 cumulative preferred Lehigh Coal & Navigation Co Lehigh Portland Cement Lehigh Valley RR_. No Lehigh Valley Coal com *98% 6% *43% 101 6% 7% 7% 7% *5% 5% *5% 5% *53/4 22 % 22% 21% 21% 213A 5% 2134 21% 22 1.900 12% 12% 12% 12 12% 12% 12% 1,600 45% *43% 44 44 6% 5% *98 7% 7 7 45% 23% 23% 23% 99% 98% 98% 9 9% 9'% 9% 45% 45% 453A 46% 46 10% 10% 10% 10% 10% * 10 45 ♦43% *98 99% 900 5% 5% 99% 110 93/a 7,800 46'A 1,900 103/a 28,900 1% *98 4,300 10 9% 9% 25 *44% 45% par 10% '10% l $3 non-curmlst preferred__No par 50c r.on-cum 2nd pfd No par 30 12% Oct 6% Co 2 % 1% 1% 19% 19"% *19% 19% 19 5/8 19% 19% 19% 19% 19% 18 3/4 19% 6% 6% *6'/a 6% 6% 6'A 6% 6% *6% 6% 6% 6% 700 \L 61% '61% 61 % 61% 61 61% 613/4 61% 61% 61% 61% 61% 4,800 5 10 "10 10% 10% 10% 10% ^10% 10 3,4 11 11% 11% 12% 13,200 22 22% 22% 22% 22 3A 23 22% 23% 22% 223A 4,200 36 36% Lehman Corp (The) Lehn & Fink Products Lerner Stores Corp No par 9% 45% 45% 45% 10 10% '10% 10 3/8 2 2 22% *22% 9 45% 2 2 9 % 9 % 2 2 2 3% 2 ' 1,400 Libby-Owens-Ford Glass Co— 6% Jun Jun 34% Sep 7% Jan 8% Mar 34 % 37% July 91% Oct 72% Apr 170 Feb x6% Jun 52 % 186 Jun Sep 10 % Jun 33% Jun 17% Dec 57% July 5 28% Feb 27 Oct 13'A 65 % Jun :78 Jan 29 28% July 26 7% Jun 27 Dec 19 Jun 177 Jan x67 6 3 30% Aug 25 76% Sep 1 14% July 12 •71 >" Aug 3 39% Aug 28 9% Oct 19 37% Apr 89% Jan 187 10 3 New *7% 19 11% Aug 3 Oct 20 Link Belt Jun 9 Lion Oil 42 21% Jan 9 Tulip Cup Lima-Hamilton Co.—.. 81% Apr 17 Feb 25% Dec 23% Jan 13 34% Aug 1 Lockheed Aircraft 18% Aug 18% Oct 4 Loew's 76 Dec 14% July 12 60 % July .26 81 Oct 21% July 17 28% Aug 17 *•3% Jun 25% 19% Jan 23% 27% Jan 153 172% Jan 20% 164 x30% Sep 27 34% Jan 3 July 7 28 Mar 4 22% Mar 24 38% Sep 21 Oct 97% Feb 17 101% Oct 17 17% Jun 29 •26% Oct 19 4%% <P; Co Steel Range Since Jan. 1 Lowest Highest t per share $ per share $ per NEW Highest shore 173/s 77 f 38% 39 38% 39% 39% 40 17% 17 17% ' 17% 17% 18 %: - '*77'A 79 ' 40 f 18 75% *73'A 75% 31% 31% 17% 17% 18% 70'A 71% 70% 703/4 70% 71 1 25% 253/4 253A 25% 26 26% • 12% 12% 12% 12 3A 12% 12% 123/s 12% 25% 165Vz 25"% 25% 25% 165% 165% 165 % 32% 44% *31% 32 Vb 5,600 75%' *73% 753/8 ♦74% 31% 323A 313A 32% 31% 31% 17,600 173/s 18 VB 173/8 18% 173/4 173/s 76 ' 71% 26% 12% 123/s ; - 31% „ 14 % 11% Feb Oct 28 Apr 42 Dec 36% Aug 8 Jan 131 139 Oct 135% Mar 3 9% Jun 15% Jan 11% Mar 31 27% Jun 33% Jan 28% July 17 101 % Sep 25 Jan 95% 8% July 10% Jun 5 Jun 430 Jun Feb 6% 7 Mar 15% 104'A Dec 13 Jan 9 20 Jan 15 193/4 Jan 525 Dec 100 *31% 44'A _l_ YORK 35% ' 36 35% 25% 166 453A 36 25 35% 101 25 101 Saturday Monday Oct. 14 Oct. 16 ; 9 per share Par S per share * 25 % LOW ' STOCK 25% 25% - 166% 1661/4 313A 45% *100 25 24% 10 43% 101 *100 100 Co— 7 Mar 30 10% Jan"* 3 510 July M Wood MacAndrews 6% 17% Aug 7 34% May 25 Mack Trucks Macy (R 105 Jan 20 14% Apr 27% Oct 18 24 % Apr 550 19 19 H) f Inc com—No par preferred series A _100 4% % 9 Manati Sugar 7% Mar 30 9% Jan 11 Mandel 723/4 3,100 ; 2,100 AND 313A 46% i 31 'A • .1 36 101% 26 HIGH 46 3A 253/8 313/a 47 VB 36 36 *101 102 26% • SALE Tuesday 26%' r 12% 123/a 40,850 25% 4,500 . ' 253/4 313/g ' 25% 166% 31% 44 35% 101 26% 313A 35% ♦101 17,700 : 3,500 Oct. 18 $ per share 4,900 263A Friday Thursday Oct. 20 Oct. 1!) $ per share | per share Oct 20 Manhattan 9% Oct 13 MSracaibo Dec Apr 17% Jun 25 6% 16 Dec Jan a'/s 18% Oct 19% Apr 243/a Dec 95% Jan 25 Dec 16% Mar Dec 7% Jun 12 Apr 10 V8 Feb 13% Jun 59 Jun 19% Jan 100% Aug 9% Jan Dec 11% 17 3. 8% July 25 18% Apr 23% Jan Jan 39 % Apr 6I/4 J u l v n Jan 19 Aug Dec Feb 35 % Oct 3 9% Jun 12 Marine Midland 4 Market St 19% May .Marathon Sales (or the Week Shares 28 Marshall Field & 4%-% 3 Martin Masonite Master Oct 7 27 185 Sep 1% 26 49 Jan 98 3A Dec 97 Aug 18 100 Jan 12 $3.75 98 Dec 97 Aug 14 100 Jan 30 $3.75 cum 80 Feb 88 Dec 87 Jan 90 Feb 18 $3.40 12% Dec 11% Jan 3 17% May 11 Maytag 45 Dec 42 % J ill l 1,5 7% 30 Jun May 19% Mar 25 Jan 19% 10 July 14 18 13 39 3 58% Oct 52 6 May Mar 28 27% Sep 25 Dept McCall Jun 45% Dec 52% Mar 15 McGraw Feb 34 Apr 30'A Julv 17 39 Oct 58 Dec Dec 25 19 27 37% Jun 105 May 9 McCrory 3 18 Stores 3%% Corp convertible Electric 26% Jan 9 Jun 17% Mar 5 18% Aug 16 3 32(8 Oct 11 Mead Jan 5 93 Sep 13 32% Jan 6 64 Oct 11 27% Jan 9 July 13 July 19 7% Jun 13% Jan 10% July 17 14% May 26 34% Jun 49 Jan 42 12% Jun 15% July 8% Jan Jan 13 48% Jun 14% Jan 16 19 27 Apr 433A Dec 6% Aug 11 39% Jan 13 90 Jan 99 Dec 96 105 % May 18 July 30 Va Jun 130% Dec 23% Jan 40 Duc 186 Jun Dec Feb 106% Sep 38% Feb 23 Jun 48 Dct Jun 18% Dec 15 13 Va Jun 34 Dec 28% Jan 12% 6 3 14% 139 % Mar 18 Jan 37% 125 Jan July 13 13 July 18 10% Jun 12 Jan Mar 101 Nov 8% July Mercantile 12 $3.50 tootnotes se* page 8% 35% 4,500 35'A 1,603 9% 9% 9% 93/8 9% 42,700 *18% 183/4 *18% 18aA 100 29% 29% 8,400 *105% 106 % 60 15 15 % 7,900 11% 11% 2,200 57 57% 4,900 35 Vb 35% 12 57 14% 14% 14% 14% 143/4 143/4 15% 11% 11% 11% 11% 12 12 12 58% 58% 17% 58 58% 57% 58% 56 3/4 17% 17% 17% 17% 17% 17% 17% 17% 17% 17% 17% 1,300 27 27'A 26% 27 27 27% 27% 28 27% 28 21% 28 5,800 186% *183''A 185 *1833/4 185 *183% 185 *183 3A 185 -5 new *183% 5 57'A *1833/4 185 57 *11% 56 57% 56% 56"% 56% 99% 99% *99% *98% 993A 99% 99% 9 8'/a 98% 98'A 89 *87% 88% *87% 88'/a 87% 56% 100 57% *99% 57% 100 57% 100 57% par *98% *87% 89 *87% 15% *44% 15% 47% 15% 15% 15% 15% 15% 15% 15% 15% *44% 47% *44% 46'/a 46% 46'A *45% 47% 100 99% *98% 87% *87% 2,200 60 270 993A 88% *24% 25% 25% 25% 25 VB 25% 253/4 25% 22% 22 22 213A 22 22% 22% 22'A 45% 45 45 45 45 45 45 45 25% 223/4 *45 15% *46 253/4 *22 50 45 253/B 58 *99% 58% 100 99% 99% *98 107% Sep 110 104 Apr 7 4.35% Jan 22 16% Sep 8 Oct 13 52 3.85% Miami Inc common No par Middle 7 Midland 8% South Minn St 42% Apr 15 May 23 ; 3.90% Steel Petroleum Utilities Prod, Inc & SS Marie -"-.mis-Honeywell conv 36% 102'A 102% 36 101 % 36% 36 % 36% 22% 45 *101% 103 *101% *363/fl 37 101% 103 36% 153/a 10 3.500 48 _ 100 25% 1,600 22 Va 3,100 210 '45 103 46% 46 3A 47% 48 47% 473/8 473A 473A 2,600 37 38'A 38'A 38 3A 38% 39 39 39 39 39 1,000 53 52 52% 40"% 52 52% 52% 52% 52% 40% 40% 40% 40'A 40 3A 40% 52% 40-3/4 23 VB 23 23 23% 23% 23'A 16% 16% 17 17 *16% 17 *163/8 307/» 31% 92'A 30 3/a 31% 30'A 31 303/8 91 91% 91 91 31 Vb 30'A 92 92 92 92 62 61'A 61% 24% 24 24% 62 60 % 61% 61 6134 62 24% 24% 243/8 24% x24 12"% »• 13% 127/« 47% *44% 17% 17% *6% No par 54 50c 96% *160 No par No par 32% 47% 7 18 *6% 54% 54 % 96'A 168 *96% *163 13 46% 18 7 12% 13% 13% *44% 46% *44% 18% 18% 18 *6% 7 92 92'A 240 *60 60 3A 243/a 1,900 3,100 7.400 24 VB 14% 13% 14 46 47 183/g 18% 18 3A 6% 63A *6% 1,103 400 47 18% 7 56% 56% 57% 96% 96 96 *96 170 170 171 57% 97% 171 56 3/4 *96 *170 610 3,300 200 7 58% 9,900 97% 300 310 179 33 47% *223/8 23'/a 23% 233/8 23% 23% 23% 23% 23% 23% 24,700 47% 47% 47% 473/8 473/4 48 473/8 48% 104% 473A 473A 1,800 *103% 104 Va 50 107% *106 107 3/4 *103'A 104% *103% 1043/4 >103'A 104% *106% 107% 107% 1073/4 107% 107% 15% 10,0 0 13% 5534 100 *103 30% 45% 55'A 165 17 13% 96% 164 T 17 18% 55 170 , 2,700 23% 46 97'A pfd_l00 100 *6aA . 2,100 40% 30% 31 24% *44% 1 104% .15% *103 104% 104 104 153/e 153/a 153/B 16 50 104 »A >106 '103 104 'A 107% 104 % 153/4 16% 50% 513/a 104% *106 10 104% *103 104'/a 10 16 % 16% 16 16 % V 200 50% *103 51 10 . 51% 51'/a 50% 50% 51% 51% 51% t 100 16 16% 16% 16% 16 % 163A 16% 16% 16 3/s 163A 16% 16% If 500 47% 47 47% 48% 48 49 48% 48% 48'/a 49 5 700 5 47 139 No par 17 62 50 No par *16% 24% -—3% 17 . 52% 40% 23% 23% *91 100 47 38% 52 100 1,000 46'A 23 • 36 3/4 103 47 40% .No par 47% *138 (70 139 138% 138% 139% 138 13% 13% 133/a 133/a 14 14% 14% 14% 14% 14% 14 14% t 700 12 12% 12 12% 12% 12% 12% 121/4 12'A 12% 113A 12% 4 SOO 37 6, :'.00 139 138 138 138 138 Regulator— Common 3.20% 36% *101% 23 % 100 common & St Louis Ry P 36% 23'A *52 40% - 5; 1st preferred 13 111 Edison Mid-Continent 7 49% Oct 7 37 * 5 18 5 Co preferred series 20% Mar 139% Mar 47 No par _• Copper 12% Oct 10 Inc preferred series 3 July 17 Co Transp Co Machine Minneap Jan Stores Metropolitan 12 *101% 1 Mesta 22 *36 100 No par $4 conv 2nd preferred Merritt-Chapman & Scott Sep 1 ___10 49 % 13 99 22 1,400 23 18 % 1 34% July 12 iv, F01 200 14% (1st series) preferred 14% Sep 31 87 35 10 2,000 9'A 87/8 15% 9 18% 16,100 11% Mengel Co (The) common 5% convertible 1st preferred 29 * Jun 35 15% 9% 18% 16 % 542 8% 22 29% Shoe Corp. Co 17 13 35 '2,700 14,300 *9 Va 105% 9 18% 10'A 27 VB 8% 9% 29% 2nd preferred (1st series)—50 & 25 110% 7% 4% Melville Merck Jan 102% July 22 9 105% Co preferred Min x20% Jan Jan 22 9'% 29% li common & 12 104% 124% July 10% Aug 4%% 22 Jan Corp Merch Jun Oct Stores 3 Jun 97% 143A McLellan rv:7% Jan 63 1053A Jun 21% 9 108'A & Robbins Inc com 15 100 37% July 17 101% Feb 21 8% 7 McKesson Sep Mar 21 120 21% 9% 29'/a McQuay Norris Mfg Co 7% Mar 21% *105% Publishing Mclntyre Porcupine Mines 21% July 13 x21 % 9 30'A 1 3 Oct 9 105% preferred 10 Dec 9% 29% Co Jan 34% 34% *8 3/4 105% common 42% Feb 27 35 8% 100 102% ' " 33% July 13 Jan % 542 83A 3 44 Jun 34 9 16% 16% 542 83A 30 3/8 No par Dec 4 *21% 9% 16% *530 83/4 1053/4 >. Dec 20% 21 9% 16% 542 83A 29% common Nov 28 3 20% 20'A ' No par Preferred Aug 17 41% 82 8% *525 6,000 * 49 60% Nov 9 9 16 17% 542 *8 3/4 *20% No par 25 93% 16% *525 No par Jan 70 Vs May 16% 105% pfd Feb Jan 26 8% 9% No par Jan 17% 10 VB 27% 104% 31 106% common 19% 12 % July 10 3/s 26% 8% *8% 100 41% 12% Apr 14% Jan 10% 26% 8% 8% 35 103A 25% 542 *525 8% 1 Corp 30% xl3 15% *103/8 30% McGraw-Hill 363/8 100 16% 542 8% 32 3/8 *101% 10% 25% *105% common 24 Jan *101% 1013/s 10% 25 % 18% pfd 1947 series__No Corp 101'/8 102% 10% 25 *18% Corp McCord *101% 243/4 10 15,601 No par cumulative 29 % 90 23% May 11 103% *10% 8% Co__. Stores July July 31 July 99 July 39% July 30 Va Mar *101% 10% 24% 16% 100 preferred Co 104% . 8% preierred i>3 32% 18'% preferred Jun 33 .No par com Chemical Jan 32% 8% Corp 89 32% *34% Co— L) Electric Matbieson 313/s 15% No par ( (Glenn 18 32 *18% Martin-Parry Corp 89- 45% July 13 Co 18% July 27 26% Sep 31% 8% prior pfd 13% May 69% May 22 32% 5 preferred 8 313A 601 145 15 32% 2,300 40 *39% ♦142 15% *525 • 14 13% 14 39% 145 100 6% 25 383/a 15% 6.25 32 % Sep *133/8 *142 15'A 1 Corp 106% Sep 14 38 7A 142'A 15% 5 Corp Ry : 50 Exploration 133/8 38'/a 142'A 32% *101% _1 Shirt Oil 14 38% 145 15% • 1 ; 14 *38% *141 15% 10% Co 14% 38% 145 15% *24% No par 7 13 9% July 19 481/4 July 25 12% July 13 175 RR 14 *38% *141 15% 10 Co 25 24% July 27 179 23. Coal 38% 145 1.50 pfd series A 100 36% *108 37 109% 36% 108 36 3A 108 36 3A 108% 37 1093/4 36 3A 108'/a 37 108% 37 37% 363/a '108 109% *107% 109 % ; 290 102 26 3/s 263/8 1 44 3/4 443/8 47 3 6'A 1,200 .353/8 31% 101 ' 160 168 *167 PRICES Wednesday Oct. 17 $ per share 253/8 166% 167 \ 15% No par Bros Mahoning f 26'A 15% 5 Madison Square Garden Magma Cr.:per Magnavox Co (The) 14 • *38% *141 100 Co 30 5 14 5 common..10 Inc Jan 183A 104 Forbes preferred Dec 11 Working Co__. & 19 Sep 12% Aug 10 3/8 38 41% Mar 24 141 M & 4 Feb Feb 4 7% Jan Jun 170 May Aug 9% % 6 July 17 < 25% 723/4 71% 26% .... ■J- M Jun 9% I 26,133 *73% I >' ' „ ' 31% EXCHANGE $ per share • 173/4 76% 17% series A STOCKS ' Year 1949 18% 75% 31% ^___50 & Sons Inc com__l, (M) Range for Previous Lowest 12,700 75 3A No par T preferred Lukens 40 74 'A *73% Lowenstein Sep 100 39% 74% 17% 71 % 25% 10 21% Mar Jun 1,300 10% 31% No par Jan 80 10% *181 v Lighting Co— issued" Lorillard . *74 par j 7S3A 10% No par A 1 18,900 103/s 75% Corp___„_No (Md) , 103/s 10% 393A \ 10% 10% VB ) 20 10% v ; 1,500 7,400 10% 'i ! 40,600 ,? 2,1.00 39% . - 39'A 39'A *181 '• 83% ; 84 ♦ 1813A 393/B 181 36 * 39% 39 74% 38"% 17'A 38% 35% 83 y2 1813A 38% 17% 71 25% common... 19 .82% 82% 181 37% >181 31% 7% preferred Louisville Gas & Elec Co (Ky) Louisville & Nashville Jan 813A - 1813A 37 . 20,700 9VB 9 9% 35% 36 35% 36% , 182 ! 1 36% May 23 47% Oct 18 174 25% Jan 15 Dec Dec 813A 9 55% • ' Cement Island ."When 81% 35% 9 35 *36 74% 17 81% 3/4 35 *181 I82 10'A pari 81 82% 8 ' No par Long Bell Lumber 12% Aug 28 41% Jun 95 1 22% July 18 Dec 32 31% May Aug,. 35% 10% Corp___ Inc Star Long 11 8 3A 343/4 36% Liquid Carbonic Corp com___No par '3%% convertible preferred 100, Lone 8% 35% 36% No 36% 8% *34% No par Jan Mar 16 82 par' 35% 8% 35% 5 Co 14% Jun • *181 No Corp. 16 Vb x60 25' com Corp.. 35% 8% *34% __100, Lily 35 36 8% 5 t preferred 39% Oct •80 7 Life, Savers Corp__„___ Liggett & Myers Tobacco Mar 31 35% 10 Liboy McNeill & Libby ;,8o t 18 The Commercial and Financial Chronicle (1546) NEW Range for Previous 66% $ per Jun Dec 108 94 104 10 % Jun 14% 67 % Jun 80 Feb 16 % Jun July 26 Sep 26 9% July 12 Jan 22% Nov NEW Highest $ per share share Dec 101 Jan 1G4 Range Since Jan. 1 Lowest Highest S per share STOCK YORK LOW STOCK Saturday Monday Oct. 14 Oct. 16 EXCHANGE S per share Par 128% May 20 108% Jan 5 15% Jan Minn 9 67 July 19 81 Jan Jun 27 23 Oct & $4 20 $5.50 1st $1.50 2nd Jun 54% 7% Jun 10% 3% Jun 15% Jun Jan 121% 122 No par *105 106 106 106 *106 106% *106 100 25 *22 14% 147/a 143/4 77 77 77% 77% 77% 77% 77% 25% Mar 21% Jan 47% Oct 6 3% Aug 5% Aug 4% Feb 7% RR preferred 10% Mar 20 fMissouri 25 Jun 35 Jan 30 Apr 41% Oct 6 Jun 12% Dec 11% Jan 15% Jun 2 Mojud 21% Jan 26% Nov 24% Jan 45% Jan 57% Dec 54 30% Aug 29 70% Jun 12 5 series 7% 100 43% A Mohawk 9 10 No par com 103% Jun 10 Jan 113 July 26 Dec 14% 111% Jun 27 Dec 10% Jun 30 121% Jun RR Machine 3 $4 pfd conv Montana-Dakota 47% Jun 59% Mar 10% Jan 13% Dec 12 % Jun 16% Jun 23 Jan 16% Aug 22 20% Jan 18 Morrell 14 Jun 26% Dec 23% Jan 22 57 19 Motorola 16% Jun 27% Dec 23% Jan 42% Aug 24 Motor Products 20% July 17 13% Mar 25 26"% Oct 5 Motor Wheel 18% Oct 3 Mueller 12% Jan 13 19 14 Jun 23% Dec 11% Jun 17% Jan 14% Jan 11 Jan x9% Jun 9 Dec 38% Feb 108% Oct 10 Jun 30% Mar 41 July 50% Dec 112% Mar 27 15% Aug 7 Moore-McCormick 9 Jun 29 44 Jun 29 Oct 22% 22% *22% 23 23 23 29 29% 29% 29% 29% 29 % 64 64 63% 64 65 65% 65% 65% 64% 65% 13 12% 13% 13% 13% 13% 13 % 13 % 13% 9.200 7% 7% 14.000 45% 24,700 9% 34.400 7% 7% 7% 7% 7% 7% 7% 44% 433/8 443/a 44% 453/8 44% 45% 44% 45% 44 8% 8% 8% 93/8 9% 9% 9% 9% 9% 9% *38% 39y2 37% 38% 36% 37 36% 37% 37% 373/4 373/4 14% 143/4 14% 14% 14% 14% 143/4 14% 14% 14% *28'/a 29% 29 29 *29 29% 29% 29% 293/4 293/4 *29% 5 62% 62% 61% 623/B 62 623/4 63% 65 65 66% common B No par *117% Co *117% 119 *117% 119 10% '117% 119 119 119 5 *12% 12% 12 12% 12 par 22% 22 % 22% 22% 22% 22% 22% 22% No par 64% 65% 64 64% 65 66'/a 653'4 663/a 5 14% j43/4 14% 143/4 14% 14% 14% 14% (The) ...No Co 3.600 38 14% 3,000 No par 12% 12% 67 66 119% 119% 1,600 1.400 300 30 13,700 .. 119% 500 12% 12% 12% 2,800 22% 223/B 22 22% 6.500 653/4 66% 65 65"% 18,500 14% 15 14% 15 12% 12% 4,500 7,000 17 17 17 17 17 17 17 17% 17 17 17 17 511/4 531/ 52% 55% 55% 56% 55% 56% 55% 57 55% 56% 49,700 10 35 3g 34% 35% 36 36% 36% 36% 36 36% 36% 36% 8,000 5 Inc *26 3 Corp Corp 2.100 26% 26 26% 25% 26'/a 26 26% 26 3/8 26 3/4 26% 26% 171/. 171/. 16% 17% 17 17% 17 17% 17% 17% 16% nVa 7,100 May 24 Mulllns Mfg Corp _.l 16% 16% 16% 16% 16% 17% 17% 17% 16% 17 % 19,100 Oct 17% 17 Munsingwear 5 *13% 13% *13% 13% 13% 13% 13% 14 14 14 13% 13% 2,000 51 3,000 18 113 7 15 Jan 13 Oct 36 % Jan 13 52% Aug 30 Jan 43 13 53% Jun Inc Co (G C) preferred 4%% 23% Aug 30 39 Brass Murphy Mar 17 Dec Jan 71/2 7% *14% Lines & 900 22 % 29% 20 Montgomery Ward & Co (John) 410 __i 15% 51 Co 78% Co 52% Mar 108% July 12 Power 78% 1.25 Utilities Montana 78% No par Co series 23% May 11 66% Oct 9 3 pfd_100 conv Tool Monsanto Chemical 19% July 13 49% July 13 15% 5% Carpet Mills Hosiery Co Inc Monarch 12 13% Feb Pac 12,600 22 % 13 Corp Development Co Mo-Kan-Texas 10 15% 15% 28% 64% Mission 6 1,200 1063/4 14% *106 22% 13 Mission 20 Shares 127 293/8 22% 64% 22 8% Oct 125% 12% 22% 46% Jan 67% Sep 13 % Oct 106 3/4 14% *29 25 106 14% 29% 9% Jan 106% $ per share 124 14% 29% 4% Jan 123% 14% the Week Oct. 20 122 77% *77 preferred.. share Sales for Friday Oct. 19 S per share 14% Minnesota Power & Light Co.No par Oct share $ per *120% 14% Monday, October 23, 1950 Thursday Oct. 18 S per share 1203/4 common___l . PRICES Wednesday 120 34% Mar 20 Jan 6 SALE 119 27% July 26 38 % HIGH Tuesday Oct. 17 119 preferred conv $ per AND No par Mfg common preferred Minneapolis-Moline Co 6 16 Min t per share . RECORD STOCKS Year 1949 Lowest YORK . Murray Corp of preferred 4% 12 Myers (F E) l *49 49% ...100 "109 109% com___10 20 20% common America 50 & Bros 49 49 109% 20% 109% 20% 20% 21% *45% 46% 46 46 4t) 52 51 51 *51 21% 46 52 51% ii% 503/4 50% *1093/4 to *51 No par 50 49% 109% 49 *109 20% 20 49% 109% 49 1093/4 3/4 *51 110% *110 111 100 21% 21% 22 % 30,900 47% 47 47% 1,500 200 52 *51 52 N 10% Jun 17% Deo 16 22 Jun 32% Dec 32 Jan 3 17% Jun 24% Dec 23 Jan 13 5 Jan 9% Jun 18 Deo 10% Jun 13% Dec 30% Jan 40% Deo 170% Mar 9% Apr 4% Jun 185% Sep 7% Mar 30% Jun 36% Nor 5% Jun 5 Jun 9% Jun Jan 22 May 20 Nash-Kelvlnator Nashville Chatt & Oct 20 National Acme 10% Oct 20 National Airlines 14% July 12 23 May 27 National 18% Aug 1 39% Jan 17 National Aviation National Biscuit Jan 13 12 175% Jun 30 186 Jan 9 8% Apr 29 6 National •7% Jun x% 19% Jan x80 Dec 21% Jan 9% 9% Jun Jun Deo 86 Jan 38% Dec 12% Apr 9% Jan 12% Jun xl01% Jan 7% 29 Jun Mar 13% Mar Dec 104% Dec 14% Feb 39% Nor 102% Oct xllVa Deo 102% Deo 67% 100 181% *180% 181% 181% 181% 10 7% 7% Can 18% 17% 18% 18% l83/« 25% 26'/a 253/4 26 25% 26 3,800 19,100 16% 16% 16% 16% 17 23,100 *99% 100 % Jan 102 Jun 53 Oct 4 185% Jun 5 7 July 13 Jan 11 157 $4.50 I Jan Oct ft July 19 22% Jun 26 7% National 41% 8% 10% 11 10% 10% 1* 13 13% 13% 13% 13% 13% 13% 13% 133/4 13% 13% 13% 5,700 48 47% 48 % 48% 48% 48% 49 48% 49% 49 493/a 13,400 52% 51% 513/4 513/g 51% *182% 183% *182% 183% 182 % 182% *182% 183% 157 * 158 156% 156% •156% 157% 50 9% 9% 9% 9% 2.300 293/4 29% 29% 9,500 Steel Cast__No par Lt ex-dist No par 27 % 26% 27% 27% 28% 28% % 27% 27% % 27% 46 46 Corp Corp Corp Sugar Ref Co National Supply (The) 4%% preferred 19 National 14 % Oct 9 Natl 11% Jan 3 Natomas $ per share 8% Aug 1 14% Jan 13 102 % Mar 10 No par 10 No par 7% July 13 34 July 11 99 July 18 10% July 25 x99% Sep 5 10 Neisner 106% Aug 11 11% Jun 13 4%% 40 Jan 16 Fibre 103 Apr 83 Newmont Newport 4 17 New 19 New Jun 13% Jun 102% Dec 90 Jun 142 Dec 128 28% 29 29 29 29 29 29 291/4 800 203/4 13,800 20% 20% 20% 20% 20% 20% *82% 83% 83% 83% *83% 84 84 84 46% 47% 48% 493/4 49 49% 49 49% 6.100 .....l *13% 137/a 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 1,400 8% 8% 8% 8% 8% 8% 8% 83/4 8% 20% July 3 LOW STOCK Saturday 18 Oct 3 188% Oct 3 Jun 29 151% Oct 20 13% Jan 4 J) (J N . Y Mining Air York Chic 4% 26 69"% Oct 17 Feb 21 246% Apr 19 13 N Jun 9% Jan 6 % Jun 27 33% Jan 28% Jun 27 41% Oct 19 Feb 19% Apr 16% Jun 27 20 % Apr $5 12 13 Oct Dock non-cum Y New 101% *100% 1 No par 100 com A___ No par __50 & Hart RR Co.100 series A 100 21% July 27 Jan 9 18% July 13 25% Jun 30 28% Apr 100 Feb 24% Mar 29 Jan 91 98 14 Jan 21% Jun 30 Dec 9% Jan 26 4 July 17 Elec 31 173/a 17% Norfolk & Western North American 17% Aug 1 North American Adjustment 175% 176% 174 175 2,700 149 148 150 151 151% 4,400 1,200 15% 15 39% 68% 220 15% 14% 39% *37 68% *210% 38% 693/4 69% 225 210'/a 14% 38% 69% 225 14% *38 1 4 Ry Central Natural Northern Pacific Mas 22 15 109 % Mar 24 27 13 15% Jun 26 21% Feb Aug 1 18 Common • 39% 69% 221 % *38% 14% 60 40 68% *68 *210% 230 225 12% 12 12% 12% 12% 12% 12% 12% 12% 12% 41% 40% 41 % 40% 41 41 41% 40% 413/4 41% 413% 7,700 18'/a 18% 18% 18% 18% 18% 18% 19 19 19% 18% 19% 8,400 23% 24% 23% 24 X23% 24 23% 23% 10,000 97 95 95 *93 96 20% 20% 21 123/g 20% *95 20% 20% 20% *27 27% *100% 101% 143^ i45/8 14% 14% 333,^ 33 33 49% 27 11.200 50 *33 IOIV'2 14% 33% *93% 95 20 20% 21 20% 21 18,700 26% 21 26% 263/4 27 6,900 86 *86 88 *86 88 200 93 *90 % 92% *90% 92% 101 % 190 22,300 26% 33% 100% 101 101 % 15 15 101% 15% 15% 16 15% 153/4 33% 34 1,800 13.700 26% *25% 263/4 *25% 26% 17% 17 % 17 % 173/8 17% 17% 17% 14% 141/2 141/a 141/2 14% 14% 14% *82% 50% 50% *26 34% 35 503/4 50% 51% 50% 51 26% 50 26 % 50 Co 24% 96 26% 49% 50 23% *93 86 27% l 26% 26% 26 26 17% 14% 17% 17% 17% 17% 21,100 143/4 14% 14% 14% 20,400 ? 34 34% 700 10 83% 83 10 32% 32% 31% 32% 31% 31% 32% 32% 32% 32% 32 Va 32% 4,100 100 Gas 26 % 27% 26% 26% 26% 27 26% 28% 27% 28 % 27% 27% 52,800 10% 18,100 Co Ry ..No par 10% 10% preferred No par 95% 95% $4.80 preferred No par *107% 108% 10 10% 10% Northwest Airlines Inc 83 *82% 84 *82% *82% 84 84 *82% 84 (Minn)— „ $3.60 common 10% 94 % 108 10% 10% 10% 10% 10% 103/4 10% 10% 10% 480 *94% 953/a 95% 943/4 95% 95 % 95% 108% *107% 108% *107% 108 % *107% 108 Va 150 10% 10% 95% *107% 953/8 108 11 % 11 % 11% 11 11% 10% 11% 10.300 3,900 ' 4.6% Dec 36% Dec 23% Jun 20 11% Mar 32% Mar 28 14% Oct 12 % Jun preferred Northwestern Telegraph 29 16% Jan Norwich 17 *211 11 12% 25 Northern States Pwr Co 13 97% Jun 69% 69% 220 10 Ry 39% 39 % 69% *211 25 com Aviation Northern 'A 143/4 41 24 Co Northern 18 17% 178 148 97 preferred 28% Oct 17% 176 148% 24 Noma Electric Corp Nopco Chemical Co__ 6 18 176 148 101% 24 173/a 17% 175% 148 101% 88% May 18 39% Feb 23 Jun 17 16% 175'% 148 101 17 8 *67 16 % 174 147% 1011/2 28% July 26 Oct *37% *210% 17% ' 5,900 118,000 177% 100 78% Jan Oct 37% preferred Feb 12 34 37% 3.90% Dec 20% 33 Va 39 103 % Mar 20 Dec Jun 32% 38 *91% 39% Jun 32 3/a 39% 88 19% 106% July 13 32% 38% 93% 85 2 32% 39% *93 27 . 32% 39 16% 11,300 6.800 32% 39% *86% Feb 3,200 16% 81 32% 93% 53% Mar 16% *79 38 88 21% Feb 16% 81 32% 27% Jun July 11 83 83 16% *79 377/a *95 No par Jan 10 81 % 82 16% 81 300 32% 100 A 11% 93% Feb 81% 16% 11% 37% No par 31 Dec 813/4 *79 *93 12 80 8,200 102 32% *176 800 383/4 *101% *861/2 28 Dec 16% 81 2,500 102 11% 87% 19 38% *101 200 . 8% 101 % 27% 36% Apr 383/4 100 8% 113/a 93% Oct 9 5,300 ' 106 *105 101% *86 16 143/4 11% *93 25% July 10 15% July 12 10% Jan 13 11% 81% Shares 11% 14% 101% 100 43% Jun 95% 16 11% 11% 100 Jan 109% Mar 81% t per share 101% 11% 101 *79 38% 100 the Week 15 11% preferred Jan 3 100 % Sales for Friday 11% 106% 8% 39% 100% preferred 28% 5 *38% 99 101 2,200 Corp— preferred Class 38% 11% 16% *105 9% 38% 81 11% *143/4 'T 99 81% 15% *79 8% 3.60% 59% Jan Gas & *81 16 81 I per share 11% i 15 106% 3.40% Sep 5 State 81 16 *79 9 *105 8 Mar 20% July 11% Jan Y Niagara Mhk Pwr Corp com.No par Mar 29 97% Jun July 28 July 26 Shipbldg Corp partic stock__l $8.75 9 93 Y Common 5 15 85% July 26 Jun N N 95 81 10i 106% 8% 1011/2 common 5% 391/4 *100% preferred Haven Preferred *38% pfd.100 N Y & Harlem RR Co New 39% 9% 11% No par Jan 9% 100% York 56 9% 11% 14% 220 105 106% *105 100'/a No par Dec 106% 11% City Omnibus Corp Mar 4 *99 147% 61 Jun *143/4 ...100 250 15% 113/a 15% No par series Dec 21 11% *143/4 10 Louis Co Feb Oct 11% 15% *105 9 Oct. 20 Oct. 19 $ per share 11% 15% 11% Central & St preferred 43 40 share 8% Thursday Oct. 18 11% *38% Brake 205 28% Mar 29 t per 9 270 PRICES Wednesday n% 1 common 30 6 f per share SALE 15% *8% Corp Industries Jun Y N HIGH Tuesday Oct. 17 11% 100 Pr & Lt Co York 6% t per share AND *14% No par com 20% Jun Oct. 16 203/4 1 100 14% 19 Monday Oct. 14 common Jun 30% 29% 6,600 20% % % preferred 100 Newport News Ship & Dry Dock___l 20 13% 10.400 % 83% 4 Oct 3 Inc Co 19 39% Oct 7 47% 46 preferred 21 Oct Feb 500 46% 20% England Elec System Oct 79 Apr Sep 26% 473/4 % *26% 46 , 12.50 17% Sep 6 26 8% 26% 47% % 82% Inc New Jersey 34 84 % 27 473/4 20% preferred 3%% New 26 % Mar 29 107% ft 27 47% 1 Bros 13 Apr 75% July % 26% 47% 46% Co Co Newberry 13% Mar 23 66% Mar 14 Jun % 27% 46% 83 Corp Nesco 9 105% Feb 10% Jan 8% % *26% 46 46% Par Nehl 17% Feb 58 Jan *28% 29 50 *82% $ per share 24% July 11 % Jan 15% 29% 9% 29% 10 10 EXCHANGE Jan 47% % 27% 45% 156 % ...100 Pa com Co NEW YORK Apr 26 *28% % *26% 157 51 No par Tea Vulcanized 12% Feb 28 60 7,100 50% 183% 50 9% 20 100% 51% *99% 50% 183% 9% Oct 100% 51% 183% 9% 49% Oct 99% 99% 4.200 20,800 51 & & Highest 99% 9 *182 Steel ■ 99% 8% 9 10 9% 21% Oct Lowest 99% 42% 100 Shares 2 100% 9 157% National 84 *99% 417/a 8% *9 % National National 18 l _____100 36% July 13 10% July 13 July 13 9 11 L 15% Apr 27 71% Apr 4 7 8% 10% 9 *156% Natl 4,900 10% 8% 9% 6 4,800 42 10% 8% 157% 4 8 41% 10% 41% *9% U Jan 7% 8 10% 8% *155% 27% Oct Mar 22 41% 7% 11 common Service Natl Malleable Power 8 42 10% 41 l Linen 49% Aug 24 29% Oct 9 29 7% 8 41% No par Co 7% 41% 1 preferred Lead 7% 41% 7% No par 1 Co preferred A preferred B 6% 9% May 31 29% Oct 20 25 Cash National 4 4 Dec 6% 80 182% 181 18 Dec 96% Nov + 16% Jan Jan 3,900 11.500 *181 16% 33% 86 182 16% 35% 18% 14% Dec 16,500 16% 34% 25% 72% Jan 20 16% 353/4 182% 18 35 5% *180% *180% 18% 20 35% 17 35% 16% Jun 10 16% 34% 25% Feb Jan 19% *16% 16 % 35% 16% Jun 9% 193% 16% 35 18 % 24 % 56 19% 19% 16% 35% 25% 23% 117% 19 16% 34% 16% Apr 9% 65 18% 16% 35% 18 18 $ per share Jan Jun 18% 19 16% STOCKS Jan Mar 18% 35% 25% Range Since Jan. 1 8% 94 l 5 10 common 330 18 Highest 93% 42 8,700 257/8 7% Jan 13% Nor 14% 10% 9% 17 Year 1940 S per share Fibres Inc Corp Co preferred Range for Previous Lowest 10% 16% \i Jan 19% May 9% 25% xl50 28% 10% National Gypsum Co com 35% Mar 31 Dec 10 25 July 25 10 15% 10% 47% 11 Dec 9% National Dairy Products. .No par National Department Stores 5 National Distillers Prod.. No par 35 26 9% 19 94% Jan 21% Feb 9% j0 49% Oct ,13% July 17 178 Dec 3,000 9% 19% Cylinder Gas Co Sep 19% 29 National Dec Jun 46% 28 18 15 Dec 14 46% 28% Container Deo Dec 46 % 28 % 20 National 38% 7% 46% 28% 19% National 95% 152% 46% 28 20 11 19% Sep Jan 46 28 19% 15 26% Sep 25 22% May 31 5% Mar 19% 46% 27% Oct 14% Mar 30 125 20 46'/a 27% Feb 20% July 17 183 19% 46 27% 11% Oct 36 Jan 197/s 46 28% 10 27 17% Aug 22% Deo 19% Dec Apr 19% 46 7% July 12 10% Jun 39% Dec 25% 20% 6% Jun 27 July 13 Feb 169 % 32,000 19% 27% 100 Corp. Register City Lines Inc 31 Feb 17% Jun Louis Automotive National 42% Oct 5% July 13 13% Jun 86% May St 46 1 Co 12 31% July n 1 11 29 27% xll% Corp 45% Oct 6% Jun 29 8% Aug 9% Jan 12 July 13 Pharmacal 1 18% 18% 18% 50 28 % 28 % 2.50 Co 25 14% 14% 18% 18% 19% Xl8 % 18% 18'/a 18% 18 18% 28% 28% 28% 28% 28% 28 % 28% 29 28% 28% 300 14 % 14V4 14 14% 15 15J/4 16 16% 15% 16% 11,600 O 27% Jan 33 May 99% Jan 110~ Dec 28% July 12 ft Oct 13 July 28 95% July 18 106 35% May 26 32 Oct 112% Mar 100 Ohio Edison Co 14 4.40% 17% 33% Jan Jun 22 14 41% Oct 19 Ohio 18 43% Sep 29 Oklahoma 19% 20 Jun 31% Jan 91 19% July 11 Nov 99 Jan 90 For footnote!- -r, Dec «ge 18% 0"t 22. July 9 8 20 30 30% Jan 9 27% Jan 10 101% Oct 5 3.90 4% Oliver preferred Oil Gas Corp 109% 109% 293i 30 ft 109% ft 100 & Elec Co *98% 99 98% 40 39% 40 com__20 *41% 42 41% 41% 109% 983/4 39% common convertible.preferred 20 29% ft 110 No par Co preferred 4%% 29% & 26% Feb Jan 8 106 preferred 40% Oct 23% May common Rights 9 30 ft 110 30 % ft 30 30% 30% 30 18,400 32 170,900 ft 32 108% 108% 109% 109 % *108% 109 1,110 *98% •<. 98 3/4 98% 98% 98% 98 98 3/8 250 39% 40 % 40 41 % 40% 41% 40% 40% 25,400 40% 40% 40% 40% 40% 40% 40% 40 % *98 800 19 19 19 19% ri. 19 18% 187'8 600 1 25% 25% 24% 25% V 25% 25% 25% 25% 25% 25% 25% 25% 6,500 100 99% 99% 99% 99 3/4 99 99 98% 99% 98 y2 99% 98% 98% 420 **18% 19 ' *18% 19 * *18% Volume-172 Number 4953 . . . The Commercial and Financial Chronicle (1547) NEW Range for Previous 6% Range Since Jan. 1 Lowest Highest I per share S per share $ per share Feb 10% Dec KM Jan 96% Dec 95 Jan % Aug 22% Jan 20 y» Jan 2o 28 Jun 40% Dec 30 11% Jun 79 15 Apr 21 IO41/2 Jun 7 271/2 Sep 421/a Jun RECORD Dec LOW STOCK Saturday July 26 Omnibus 8% Corp Oct. 16 Otis Oct 5 82 Jan 14 73% May lg 12 A__100 Outboard *25% Marine & 34% 2.50 18 Va *74'% Mfg Co Owens-Illinois Glass Co 12.50 12 % 12 12% 102 102'% *102 27'% *26 27% *26 35% 35 353% 35 18% 18% 18% 76 76 76 71% 72 16% 16% 18 18 *60 62 183% 18 3/4 *75 77 71% 11% 18'% x76 72% 72% 16% 16% 113A 102'% 29 Oct. 20 11% Sper share 113/4 11% 102 102 101 *26 29 *26 35% 35 18% 76 Friday Oct. 19 t per share t per share 102% 102% Thursday Oct. 18 f per share 72% 72 PRICES Wednesday 35 27% 34% SALE *26 102% No par 12 HIGH Tuesday Oct. 17 f per share 12% 102'% _10 Collins Elevator Outlet 5 common preferred tper share No par 23 19 (The) convertible Oppenheim AND Monday Oct. 14 Par 22 72 Aug 2 571/4 July 12 Jan 64% 3 141/4 July 10 Dec YORK EXCHANGE $ per share 3 18 6412 July 49 % Jan NEW Highest 797 s July 16V2 STOCK STOCKS Year 1949 Lowest YORK 18% 353/a 11% 101'% Sales for the Week Shares 3,900 330 29 34 74 35% 6,400 18% 18% 76 75% 75% 40 71 % 12% 72 72 3A 5,800 163A 16% *75 73'% 18% 1.000 P 11% Mar Jan 10% Jan 11% Apr 7% Jan Sep 51 14 Nov 7% 71 Apr 49 1 173/a Sep Aug 40 Jan 273A July 11 18 Feb 21% Nov Sep 15% July 27 30% July 26 Jan 48 30% Jan 50 34 Jun 27% 54 Jun 34% July 89 Feb 104% Jan 148 Dec 2% Jun 29% 4% Jun 3% 44 Jun Oct 4% 36 Jan 8 Jan 12 Jun 22 Dec 38% Dec 95% Jun 104% Dec 5% Jun 8% Jun 19% 101 20% Dec 104 % Jan Oct 22% Dec 17% Feb Oct 38 24% 2% Jan 97 Feb 383A Dec 34% Jan Dec Jan 7 9 Nov 14% Jan 9'A Jan 5% Apr 15'A Apr 15 Dec 19% Jan Jan 37% Dec Jan 57 Dec 7% Jun 17% 103/a Feb 23% 26% 16% 35 Dec 111 25 5 Mar 11 13 22 8 28 38 Cement Sand 453/8 Nov 41% Feb 20 52 % Oct 19 29 Jan 37% Dec 30% Aug 22 36% Feb 6 21 Mar 35 102 Jan 108 9% Jun 28 Dec — 19 May 19 173/4 Oct 12 103 July 13 19 Mar (J C) Co Coal & Coke 5% Power 25 513A Jan 75% May & Pennsylvania 4 19% Jan Jun 40% Jan 883/4 Feb 84% Jan 37% Jan 55% Dec 46 93% Jan 10% Feb 7% 26 11 Jan 79 Jun 9 54 % Apr 21 4 96 % May 3 20 102% July 17 100% Aug 15 mm 58 % Oct 106% Sep 13 103 Sep 6 20 Phila & Philco 4% Feb 9 5% 76% Oct 6 Phillips 16% Apr 24 Apr 11 Mar 9'/a Mar 31 32 3A Aug 105% Apr — 30 Aug 8 101% Sep 21 16% Oct — Jun 97 Feb 34% Mar 23 106 Jun 9 17% Sep 6 26 17 110 Oct 5 11 % July 14 14% Mar 21 Oct 17 Dec 86 Mar 17 94 Oct 20 $5 32 Jan 24 % July 36 % Oct 4 Pitts 16% Jan 156% Jun 155 14% July 17 20'/a Oct 18 Nov Mar 1 155 Mar 21 Jan 170 148 163 Mar 22 171 Oct 3 40% Oct 7 28% Jun 37% Dec 63;» Jun 8% Jan 30% July 17 7 9 Mar 30 Sep 25 ■ ''mmmm ._ 135 10% July 17 mm--'- 12% July 27 Apr 643/4 175 May 140 July 17 179 Aug 29 Nov 88 Jan 71 Jan 3 109 Oct 7 61 Jan 4 87 Oct 7 55 Nov 14% Jun 135% Dec xl9% Jun — 713A Jan „ — 25% 61% July 25 147 Feb 29 75 Sep 6 19'A Jun ~ Dec 29 Sep 1 135% Jan Apr 19 30 13 145 May 16 293; Oct 18 July 28 8% Feb 12% Nov 9% Sep 20 123/b Apr lo •36% Feb 503A Apr 38% Feb 14 54 % Oct 7 Mar 443A Sep 38% Jan 16 8% Jun 133/8 Oct 11% Jun 27 12% Apr 15% Nov 13 4% Jun 8% Jan 32 Mar 32 Jun 22 Feb 79% Dec 90 % Mar — 25% Jun *107 19% 13 34 »/4 119 17 *16 10 10 13 9% Jan 90 4 30 Oct 7 25'/a 25% 20'/a 20 20'A 5,000 20 20 'A 20% 21 20% 20% 73,100 51 Public 26 90 % Jun 23 July 13 26% Feb 8 253/4 Aug 16 30% Feb 21 Dec 2 37 Apr 313/4 Jun 30 48 Oct 19 33% Oct 26% Feb 27 45'A Oct 7 July 107 3/8 Oct 6 109% Jan 10 25% July 18 34% Jan 30 103% July 27 107% Mar * Dec -1 < 9 Serv RR 48% 48% 48% 51% 51% 52% 50 3A 33'A *33% 341/4 *33% *33 y8 34% 100 118% 118% 118% 1191/4 34% 119% 118% 118% 1,700 17% *17% 183/a 17% 17% 17% 600 10% 67,000 119 16% *17 10'A 119 17% 10% 10% 10% *33% . 34% 105% 343/4 *34% 35% 34% 34% *104% 1051/4 *104'/2 *104% 105% 16% 161/4 16% 105% 16% 16'/a 16% 3,200 *104% 16 16 21% 34 103/8 10% 10% 10 400 2,100 3,000 21% 2iy« 21% 22 21% 69% 69% 21% 21'% 21"% 68'/2 69'A 68% 69'A 68% 57% 69% 69'A 69y8 69'% 69 3/4 58% 57% 58 57% 3,800 58'A 59 58'% 58 y2 58% 50 58% 58% 58% 58% 58% 58 % 58% 58% 25% 58% 58% 59% 58% 58% 58% 14,000 2,430 26'A 8,200 255/8 800 25% 25%, 25 II5 25% 25 *114 102% *106'% 25'/a *114 102% 107 103% *106% 25% 25'/a 25% I per share 25 '/a 114 114 103% 103% 103% 107 Monday Oct. 16 . 25 % 25% 115 *106% $ per share 107 HIGH Tuesday 26 25'A 251/4 114% 1143/4 *103 107 SALE 26 25% 114 25% *25% 114 114 130 400 103% *102% 103 103 103 107 *1053/4 107 105% 1053/4 50 PRICES Wednesday Oct. 17 Thursday Oct. 18 $ per share 26 26% 114% $ per share Friday Oct. 19 Oct. 20 $ per share $ per share Sales for the Week Shares 1 15% 16 15% 16% 15% 16 15% 16'/a 15% 15% 153/a 15% 44'A 10,700 45% 44% 46 '/2 46 3/8 47% 46 46% 453/4 46 453/a 46% 94 24,000 94 94 94 94 95 95 *93 55% 56% *104% 105y2 *103 105% *104 *101 105% 102'% *100 102 *100 3/8 102 *18'A 19'A *93 95 751% - *14 755^ 15 56% 57% 57'A 58'A 57% 105 *100% *18% 19'A *18% 19'A *93 95 *93 95 *913A 76 75% 753/8 *14 75 Va 753A 19'A *95 Coal 96 58% 57% 58% i7;ooo 105% 1043A 104% 300 102 *100% 102 19'A *18'A 95 *913/4 76'/a 75 3/4 *100% 19% *18% 95 *913A 75% 76% 15 *14 32'% 323/8 323/a *31% 32% *102% 103% 103 'A 103% *102% 103 16% 16% 16% 17 17 17 113 *108 113 17 • *108 19y4 *91% 35% 1 100 18% 17 113 19% 94 35'A 18% *16% *108 19% 17 113 19% *108 19% 113 *14 *32 *108 21 20% 94 *92% 14% 32% 14 31% 102'A 21 20% 94 *92'/2 *91% 94 *91% 34% 35 34% 34% 34% 34% 34 19 19% 19% 19% 19% 20% 18% *151 156 *151 156 *151 156 *169 171 171 171 *169 171 % 143/4 *14 32 313/4 102% 16% *110 203/g 94 34% 18% 18% *151 158 *151 158 171 171 *169 173 39% 39% 39% 39% No par No par 8% 8% 8'A 8% 8% 8>A 83/8 8% 8% 14% ♦148 170% 39% 8% 1 85% 73% *26'% *138 26% 13% 14% 14 J/4 14% 14'A 14% *175 200 *168 200 *106 107 107 107 85 85 85% 86 85% 85% *85% 73% 73 73 73% 73 3A *73 86 73% 27 146 27% *73 *26% *138 27% 27 146 *168 107% 200 *168 109 108 39 8% 14% 14% 600 190 1,200 111 94 39% 14% 17% 20% 39% 8,000 143/4 31% 33% 38% 300 95 16% 34% 20% 39% 108V2 193/4 94 39'/a 200 102 *102'A 103% 20% 10 13% 370 58 103'/2 15 96 *104 58% *31% 1 Co *95 105 *102'% No par Co 3/4 8,300 20 4,600 7,100 156 1705/8 230 39% 8% 12,100 5,000 14% 10,400 200 *175 200 108% 86% *108% 108% 85% 85% 733/a 73% 210 28 28% 2,300 733A 410 570 ' 26% *138 27% 27% 27 146 291/4 27% *138 28'/a 146 28 *138 28% 146 *138 146 293A 28% 11 11 10% 10% *10% 10% 10% *10% 51% 10% 10% 10% 10% 400 5 52 51 51% 51% 52 % 51'A 52% 51 513A 50% 50% 6,400 49 *48 49% Power of 29'A 29% 28% 29% 26,500 1 49 48% 49 483A 49 49 49 49% 1.800 15% 16V4 16% 17% 17'A 17% 17% 17% 17% 18 173A 17% 10 Co *48'% No par B Inc com 13% 13% 13% 13% 133/4 13% 13% 14 14 14% 13% 14 13,700 6,300 No par Inc 12% *35 67% 13'/a 12% 13% 12% 13 12% 123/4 113/4 35% 35'A 35'A 35 35% 34 35% *34% 35% 67% 673A 67% 67% 67% 68 68 >/8 61% 68% 6,100 21% 22% 28,400 12% 37,300 1,000 5 21% 21V2 21% 213A No par *89'% 90 90 90 10 *25'% 26 25% 25% 25% 25% 26 26 25% 25% 25% 26 Indiana—No par 2,800 26% 26% 26% 26% 26% 26% 26'A 26% 26'A 26% 26% 26% 4,600 118% com Colo of preferred 3y2% preferred 100 *118 21% *90 21% 90% 21% *90 21% 903/a 21% *90 21% 903/s *90 903/a 150 119V2 *118% 119% 118% 1183A 113% 118% 117 100 *89% 90% *88% 89% 89% 893A 89% 893A 89% 89% *89 89% 250 No par 22% 22% 22% 223A 22% 22% 223/a 22% 223/g 22 3A 22% 225/a preference corn.—No par preferred 100 27% 27 '/a 27 27% 27 273/a 27% 273/a 26% 27% 1033/4 26% 27% 22,700 11,700 Pub Serv El & Gas com div 4.08% Pullman Pure 20 5 4.64% $1.40 200 33 "A 16 Va .100 preferred preferred Co , 108 34'A 15% Co com__No par Industries 14 24% 38% 107'% 21% 13 Va 28 10% 24'/8 *37 'A 25% 16% 67% Apr 11% 109% 21% 35'A Apr 38 25% 21% 12% 30 24% 38 1,300 *107% *16 Va 67% 123 July 18 11% 24% 38 3,700 25% 34% *34'A Co 11% 243/e 25 Pocahontas cum 11 23% 7 109% 105V4 preferred series A__50 •H4.75 6% 25'A *33% __2 Gamble. Public Serv 7 25'A *104% conv 28% May 31 7 109% 34% 1 & 11 23% 38 7% 25% 105% Car Co Publicker 7% *107% 109 *33y2 Steel Procter 20 25,300 No par Electric 4%% 5 22 % Oct Jun 30% Pressed 133% *37 % *107% *104'% 5 common Chem class Co 123/4 48'/2 119 *16 _No par _ (The) Creek 35% Oct Feb Jun 48 *33'A 119 *37 No par 100 com preferred Co Potomac 69% Sep 27 Nov 25% 19% 48% 10% 23 v 7'A 100 Plough Inc Plymouth Oil Co Pond 8 24% 109 20 % 48'% Pittsburgh Young & Ash pfd—100 Pittston 13% 25'/a 25 108 Poor & 19 30% Jan *107% 25'/a *168 Oct xl03'/4 107 109 25 % 100 3 863/a Jan 'mmmm Dec 105% 37'A preferred class A 100 5V2% 1st ser conv prior pfd__100 5%% 1st series prior pfd std Pittsburgh & West Virginia 100 Aug 31 13% Oct 24% July 12 Dec 29% 23'A 37'A *33'A 5% Mar 22 117 253/4 10% 23 38 6% 100 Forgings gtd July 80 —— '■mm Jan 10% 23 V2 <*37 Oct. 14 Pittsburgh Plate Glass Co Pittsburgh Screw & BoltPittsburgh Steel Co com 7% preferred class B 56 133/4 Jun —— "20% 7% 13% 6,000 8,000 Pitts Ft Wayne & Chic Ry com__100 27 — 21 % Jun 'mmmm 4Pittsburgh 2,200 14 11% 6% LOW AND Louis St 7% 3 Corp Consolidation 18 16% Mar & 7% 1,500 Saturday — convertible 52 July 25 7% Mar 23 Oct 14% 21 , C 700 7% 7,300 STOCK $4 preferred Pitney-Bowes Inc C 13% 7% 1 Petroleum Pitts Coke & 14% 8 653A Inc preferred preferred Pitts 8 645/8 common___No par Hosiery Pillsbury Mills Inc 8% 32 25 Co Phoenix Jun 3 Jones 8 13% 5 Series preferred Phillips 4 3 Jun Jan 9,300 8 14% 5 common preferred 94% Jan Jan 10% 142 4,200 40% *31'A No par Reading Coal & Iron 3.90% 14 91% Aug 8 57% Jan 27 88 23/a 403/a 31% 65 % 3%% preferred series A 100 Philip Morris & Co Ltd common—5 24% - 2% 40% 31 64% 100 America YORK Corp Dec 100% 2% 40% 31 2% 65 Par Dec — Dec 16% Oct 3 July 17 • 94 18 64 Jan 2% 40% 30% 6% 100 $ per share 14 Sep 2% 40 31 64% EXCHANGE 95% Jun 100 3 4 11% Apr 32% Jan Dec 0m mm 87% Aug 5138 Jun 2% 40% 30% STOCKS Jun 105 2% 40% 64% 100 Nov 40 200 64 Va preferred 11% 43 65'/2 24 79% 43 64% 110% Feb 2234 43% 9,600 12,500 18% 100 share 21% 35 preferred t per 98 18 3.8% $ per share 17 97 20% 34% 9 t per share *42 16% 98 18% 106% Jun NEW 43% 17 21 34% preference com____No par Highest 43% 20% 18% 100 Range Since Jan. 1 44 16% *97 34% preferred Lowest 97% 211/4 18% 4.4% Highest 97% 21 34% 27% May 26 26% Mar 17 Year 1949 16% 99 21% 9,000 18% 116% Mar 23 Lowest 25,400 34% 113% Aug 17 1023A Sep 22 105% Oct 20 Range for Previous 8 18% Pfeiffer Brewing Co____ 4.3% 73/4 34% 233/a July 20 23 3A July 18 Sep 8% 18'A Nov 110% 7% *34% 243A Apr 330 8>/a 44% 18% Philadelphia Co 6% 105 105 43% 34% Phelps-Dodge Corp Dec *104% 44 18% 18 104% 104% 30% 100 of 43% 104% 34% 7Va 5 Co common 8 1,600 431/4 18% 10 preferred Co 2'A 42,100 40 8 13 "A *43'A 16% 62,200 93/8 104% 7% 16% 4% 27% 9% 27 34% 33 %c Electric 44 110 7,500 7»/a No par Co 4%% conv 8'/a 16'A 20% 42'A *104 53 4 9% 27% *97% 20% 2'% 39% *30% 13 23% Co & 16% 99 1,010 7,700 *34 50 Petroleum $1 9% 25% 3% *18y4 100 Corp 2% 40% 8% 13 16 20% 31 10V2 Light Co 7 Phila *43 40'/a 1 18 Sep 44 *30% 60'A Sep 26'/2 May *97% 4% 9% 7% 16% 4 4% 251/4 7% 9g 20% 50% 9% 7% 16% 50 34 24% 7% 7 6 4 50 33/4 9% 7% *97% 44 3% 24'A 42'A 7V2 dO'% 33/4 9'A 104% 60 3/4 Aug 117 4% 4 24'A 41 'A 44% Mar 27 Apr 4 9% 104% 56 Jan 4 % 23 41 "A Oct Jun 4 104 '/a Jan 98 148 41 Dec 23% 14b 104 58 110% 148 % 46 ' 40% 53'A Jan 147% 104 V4 573A 20% 148 40% 10 RR (Chas) 148 *103V2 Co Jan Pfizer 149 *148 par Jun 5 103% 149 9 % Jun 25 103 % 22% 2% 6,300 1043/8 9% 1 3,400 45% 104% 4 % *43 51 44 % 44% 104% 22 V2 1 50% 45% 103% 9% 20% 51% 46% 103% 22 % 1 51% 52% 45% 1 36% Jan x51% 14,900 103 % *148 690 32'/a 47% 5 40% X48% Mar 52% 51% 32 103% 50% Corp com__No par 16% Oct Jun 32% 45% 65% 10% Corp Eastern Ry Milk 32% 49% 65y8 Peoples Gas Light & Coke Pet 321/4 1,200 102% 102% —No par Peoples Drug Stores Inc Pepsi-Cola 32% 210 18% 25 Pennsylvania Salt Mfg Co Peoria & 52 32% *17% __5 preferred Penn 6 373A Feb 107 19% July 12 —— — Penney 4 July 12 11% Jan 13 Nov — — 29 7% July 12 Dec 13% 139 July 14 Oct 51% 18% 49% No par Penn Jun 10% Jun Co common Penn-Dixie 21 32 •17% 3% 5 prior preferred 11 May 9 27% May 24 32% 18% 3% No par Ford Glass 32 *17% 3% 2.50 Co_. 10 32 Dec Coal & 40 3% Mines Transportation conv 39% 17% 149 No par Proof Oct 6 Apr 5% 40 18 49% 1 Co & Rust Feb 27 13 Consolidated Davis 40 39 3% Pictures Penn 14% Jun 12 Parke Parmelee 39 38% 17% 49% Refining 18 213/4 Jan Nov & 11% Oct Jan 7% May Prod Utah 38 38'/2 17% 100 2 Dec x8 Park 880 62% 3% Corp Tilford Distillers Corp & 19% 62'% 49% Paraffine Cos Inc common—No par 4% convertible preferred 100 Park 19% 62 3% No par preferred Paramount 19 62 49V2 Petrol 67'A Oct 173/4 107 Car Airways Inc & Transp Panhandle East Pipe L com__No 4% 3,000 18% 62 1 World Pannanuie *148 16% 18% 60 v2 38% 46 16% 18% 62 is 18 52 16% 18% 60 lA 10 Penick 109 Dec Corp Corp Peabody 22% 137 Motor Amer 51% 102% 16% * 39% 32 % 46 100 Patino Mines & Enterprises Jun Feb Oil Parker 13% Nov 96% Consolidated 19 % Aug 10 38 % Mar 17 July 12 30 July 25 xl06% Jun 9 Dec Jun Feb 31 July 31 53% Apr 25 7% Apr 29 183A July 26 Feb Jun 106 Pan-American 6 32 No par 143/4 July 11 7% Aug 10 17 42% Pan 19 Jan 25 com 33% Aug 22 9% Jan 20 4 27% 28 2% Sep 46 % Jun 16 7% Jan Feb 46% Jan 26% July 11 Jun 8 Packard 22 '/a Oct 13A Mar 21 x6 5% Aug 11 7 17% 100 Western 104 July 20 29 23% Mar Pacific 21 28 47% Jun 20 27% Oct 20 Oct Aug 1% Oct 8% Oct *38'% 10 preferred Tin 11 n% Julv 17 17% 6% Pacific 493/4 Mar 20 107 Mar 9 Aug 15 53/4 Feb 1 Corp Teleg & 16Tb 18'/2 60 No par Telep 4"% Jan 17 37 Lighting Pacific Mills 15 53 102 Dec Sep 26 4% Aug 13 8 Apr Jun Pacific 152 27 Apr 10% 13 16% 18 60 Pacific Finance Corp of Calif Pacific Gas & Electric Pacific 29 18% Apr 34% Jan Oct 36 4 5 10 No par No par preferred non-cum 2nd prefererd non-cum 47% Sep 21 111% May 23 28 3% Jun Feb Inc common 1st 55% Mar 10 3 Jan Co 353A Jun 98% July 13 142% July 21 23/4 Jun 29 Jan Fisheries Coast 23 July 26 28% Apr Dec 135 Amer Pacific 26 Sep 1 65% Sep 27 43 Sep 27 July 12 29 Pacific 22 3 Inc Oil (The) *104 105 *104 119 105 *104 105 104 104 103% 103% 117% 104 760 300 No par 5% conv preferred Purity Bakeries Corp 42 % 42 y2 42% 433/a 4334 46'A 453A 46 Ve 41% 48 47 41% No par common 44 44'A 26,500 43% 44 43% 44 44 44% 443A 44% 43% 44% 17,100 108 *1075/8 —100 *107% 108 *107% *107 5/8 107% 107% 107% 107% 107% No par 29% 30 29% 293A *29% 30% *29 3A 30% 29% 29% *23 V2 233A 233A 23% *23% "24 24 24% 24% 15% Jun 20% Jan 18% Jan 4 24% Oct 19 Quaker State Oil Refining Corp..10 9% Jun 14% Jan 12% Jan 3 23% Apr 18 73% Jan 13 797a Apr 19 Radio Corp of America com„No par $3.50 1st preferred No par 6% July 12 9% Feb 3 23% 30 ♦23% 108 300 30 1,100 24% 500 108,800 R 66% Jun 74% Jan x7 Jun 9% Apr 923« Jan 101% Dec 100 2334 Jun 29% Dec 27 For footnotes see page 22. Feb Radio-Keith-Orpheum Purina Co 2%% 3 103% Jan 10 Ralston July 13 343A Oct 18 Raybestos-Manhattan 17% 18 17% 18% 17% 18% 17% 18% 17% 18 173A 18% 75% 753i 75% 75% 75% 75s/8 75% 76 755/a 75% 76 7% 8% 7% 8'A 7% 101s/« 101% 1015/8 *101'A 34% 34% 343A 34% Corp 1 8 pfd 100 *101 No par 33% 8 101% 33% 7% *101 33% 8 101% 34'A *101 34% 8 101% 34% 76% 1,300 7% 7% 15,900 *101% 101% 33% 34 100 1,600 19 Chronicle The Commercial and Financial 20 . . . Monday, October 23, 1950 (1548) Range for S per $ per perthart t EXCHANGE Highest S per share 21% Jun 30% Feb Jun 34% Feb 30% Jan 13 * 35 26Va Sep 21 29 26% Sep 19 39 % Feb 13 9 17% Jun 23% Jan 20 % Jun 34 Va Nov 43 Jan 35 Jun Jun 36 Jan 30 July 28% 34'/a Mar 22 3' 15 Sep July 17 18 Jan 3 17% Sep 15 10 % Jan 13% Apr 15% Nov 23% Jan 15 11% Jan 16% Oct 12% Mar 30 4% Jan 6 9% Jan 11 Feb 9 28% Jun 22 8 July 3 11 Feb 7 Aug 1 9% Jun 6% 7 22 Jan 27 13 Reo 25 14% July 25 Apr 20 Jun 90 Nov 85 20 12% Jan 10% Jan 8% Jan 5% Jan 4% Jun 2% Jan Jan 5% 17 Jun 10% Aug Jan 23% Jan 13 44 Oct 19 Jan 14% Jan Dec 99% Jan 30% Oct 3 18 Oct 5 7% May 16 33 % Sep 25 20% Jan 13 100 Jan 3 118% Sep 15 Dec 9 Jan 26 13'/a Jan 23 Jan 10 Jan 3" 39% Jan 7 Sep 42% Aug 94% Jan 9 50 Jan 10 Aug 5 99 % Mar 31 Preferred 3.60% series —100 xl05 % Mar 108% Jun 2 Preferred 4.50% series -100 19 Manufacturing Co 1 85% Jan Jan 108% Nov 13% Jun 21% Dec 19 Jan 13 27% Oct 24% Jan 42% Dec 37% Feb 14 49% Aug 11 Jan 15% July 13 * 21 15.% Jun 5% Jun 8. Rheem Ritter Oct 13 Roan Antelope 7 7% 96% Dec 105 Apr 32% Oct 23% Jun Company 22 Rochester 13 88 6 Jun 22 Rohm Mar 17 107 May 12 19% Feb 6 ' 1 Gas Haas & El & Co 15 Jun 18 July 13 23 Feb 28 Royal Typewriter Nov 61 May 11 Ruberid Co 12% Apr 1 Ruppert (Jacob) 26% July 12 37 Mar 4 Safeway Stores 19 114 Mar 7 19% Nov 21% 39% Apr 61% 8% Sep 12% Mar 16% Jan 33% 109% Apr 113% July 13 8 —1* — No par (Thai *42 45 *95% 97 107% 107% *42 , 25% 26% 46 22% 22 6% 46% 22% 6% 46% 22% 31% 17% 29 % 84 *104% 106 18% 18% 21% 21% 48 50 31% 17% 29 % 83 7 31% 17% 29 5 6% 31 17% 29 % *83 8% - 25% 2,30 J 38% *37% 38 % . *32% 33 *32 33% 100 *14% 15% 500 % 14% 14% 16% 16% 17 16% 16% 16% 2,500 800 9 *8% 9 1,500 16% 16 % 9 200 17 17 25% 25% 25 % 25% 500 10% 10 10% 10% 10% 3,000 58 58% 58% 58'/a 58 % 11% 14 % 14 % 90 90 90 *24% 500 " 14% 14% 14% *89% 90 *89 % 33,100 300 4,700 18 % 18% 18% 18% 17% 18 11% 12% 11% 12% 11% 11 % 4 3% 4 % 3% 4 4 17,300 7,300 10 10% 10 10 10'/a 10% 1,000 43 % 43% 43 % 44 43% 43% 65,800 117 '115 '106% 113% *106% 109 6% 6% 114% 113% 109 116 116% 90 11% 2,300 36% 12,000 11 11 11% 11 35% 36% 36% 36% 35% 107 46 % 47% 23% 47%', 35% 46% 9,600 23 % 6% 6% 6% 31% 30% 1,800 6% 10,900 30% 31% 23% 6% 30% 3,800 6% 31'/a 6% 31% 390 5,900 27 26% 24 *23% 100 , 107% 27 % 46 % 23% 46% 23% 96 96 *107 26% 27 26 45 *42 ' 96 107 *95'% 96% 107% 107 45 *42 " 45 *95% 6,400 32% 32% 114% 11 *42 29,300 % 6 6% % b 32% 32 200 29,900 30 *106% 109 6% 32 31% 2J% 30% 29'% 115% 115 117 *115 30% 29% 18% 19'A 19'/a 41,500 29 Va 29'A 291/4 29'/2 29% 30 'A 5,900 84 85 85% 35 % 85 86 106 *104% 106 % 17% 17% 29% 83% * *104% 10o r 18% 18% 21% 21% 50% 50% 9 9 9% 25% *37% 38 33 4 14% *57 45 46% 25% 10 *95% 97 107% 107% 26 26% 26% 84% *104% 106 18% 18% 21% 21% 49 49% 9 9 20 preferred series A —100 Ronson Art Metal Works Inc 1 43% July 28 Jun Jun 36% 97 107% 17% 29 *83% 4% Dec 10% 16 10% 1,100 25% 25% 27,4 28 *106 /a 109 6% 6% 31% 31% "112% 113 10% 11 35 ,a 36% 31 % 112 H2, 10/« 10% 35% 36 34'% 34% 16% *}7a 31% 6,000 44% 34 25% 8% Shares 44 34% 16% 4 /8 10 8 41% - the Week 44% 44 34,4 *32% 14% 11%/ 3 a 10/a 'H* 26/a 27% *106/a 109 6% 6% 45 *22 6% *30% _1 .* 11% 10 46 Corp—No par common 89/4 18% 26% ' 20 — Controls Robertshaw-Fulton 30% July 8 4 25'% 10% 58 % 14% 89,4 18% *95 % 107% Copper Mines Mills' Inc.— Robbins 6 13 July 13 102 Dec . Mar 24 Jan 60% •Jan 68% Dec Jun 36 19% 12 Dec 12% Jun 38% 33 15 17 16% 8.a "*25% 10 58 14% 89 /4 18% 58% 14% 3% 10 114'% *42 10 No par —__No par Corp___ 18 28 21 Mar 15 Oil Richfield 23% Oct 3 4% Jail Jan / 18% 35% 33% Aug 50 Common 58% 14% 90 10% 1 __10 Reynolds Spring Co Reynolds (R J) Tob class B 39% Oct ?.02% x3% 41% *112 preferred—100 convertible 5% % 98 42% Mar 41% 41% *112% 114% 27% 28% *106% 109 6% 6% 31 31% No par 6% A__100 Revere Copper & Brass com_No par 5%% preferred 100 Rexall Drug Inc 2.50 Reynolds Metals Co com No par 18 109 July 13 5 Dec 11'A 3/a 26% 10% 11% Steel Corp com conv prior pfd series 115% Oct 20 13" Jan 103 M% 8% 3"% *10 Republic 103% Feb Jun 34% 1 23 Sep 4% 30 11% Feb 6% Jun 98 5% Jan 30 100 4% Aug 18% July 13 8% Jun 16% Jun 91 Republic Pictures common $1 convertible preferred 3 Jan 110 11% 3% 10% 1 50c 10 Inc Motors Republic Aviation Corp Dec 27% Jun 91% Jan Dec 4% 10 1 22 15 14"% Feb 6% May 5 100 _50c 25c common— 18% Oct 62 % May 10% July 17 8% Co 93 % Aug 56 Dec 73 Mfg 13' Nov 12% 17 17 25% 33 15 16% 16% $ per share Sales for Friday Oct. „0 $ per share Thursday Oct. I!) f per share 44% 38 34 25% 38 '/a v $ per share 6 Conv pfd 3%% series Remington-Rand common $4.50 preferred ■ 60 34 8% 25% 10% 38% 33 % 15 *8% *25% 10% *57% 14% *89% 18% prior preference 10 Corp____ No par Stores Reliance Aug 50 *8% *25% 10% 57% 14 89 % 18% *34% 24% *37% *32% 15 *16% *16% PRICES Wednesday Oct. 18 44 33 a 25% 43% Co— & div Reliable 43'% 44 34% 25% 38% 33 % 15 16% 16% 50c Inc Bros (Robt) $1.2o Jan Dec 6% Jan 43 34% 24% *37% *32% 15 16% 16% No par Roller Bit Co Reed Reeves Reis Jun 18% 18 30 10% Jun t per share 43% 34% 25 43% 1 __25 Reading Co common 50 4 ft non-cum 1st preferred—50 4% non-cum 2nd preferred—50 Real Silk Hosiery Mills 5 Rayonier Inc common $2 preferred 3 44% Oct $ per share Par share 25 x24% Jan Tuesday Oct. 17 $ per share Monday Oct. 16 Saturday Oct. 14 STOCK YORK NEW Range Since Jan. 1 Lowest Highest share LOW AND HIGH SALE STOCKS Previous Year 1949 Lowest RECORD STOCK YORK NEW 104 % 19 18% 1,400 *104% 106% 18% 18% ; 12,300 18'A 18% 18% 19 21% 21% 21% 21%' 21% 21% 50% 50% 50'A 50% 50 50'A 1,600 9'A 2,000 20,300 9% 9 9% 9% , 9'A 2,000 S Dec Feb xllO% Jun 48% Jan 35% May 50% Sep Mar 24 34 St 9 St JaT 9'/a Jun 27 18 Oct 6 St 42% Jun 30 57 % Sep 13 23% Oct 2lVa Sep 25 12% Jun 7% 18 Jun 43% Dec Dec 128 Jan 26 Oct Jun 131% 215 20 87 98 Jan 24 Oct 3 Jun 100% Nov 140 78 6% 9% Jun 11% Oct 7% July 13 Jan 13% Dec Jun Apr 12% Jan 13 1 Oct 108 xl03% July 78 91% Mar Jun Jun Oct 104% 45 84% Jan 7 4 Scott 8 21 18 7 Oct 17 3.65% 18 4.30% 12% July 12 16 92 Mar 40% Oct 7 Dec 60 Jan 3* Sep 16% July 26 47% Jun 62 16% Jan 19% 36V4 Feb 82 25 Dec 47% Jan Jan 11% Dec 10% Jan 31 441/4 Dec 40 July 17 54% Oct 9% Jun 16% Dec 14% July 28 4% Jun 6'A Jan 5% Jan Jun 11% Dec 8% July 13 Jun 101% Feb 90% Mar 13 6'A 77 , 5% Range for t $ per share 22% Jun* Jan : $ per $ per share 31% May Dec 27 27 83A July 10% Oct Apr 15% Dec Dec Jun 40% 5 Jan' ~7 2% Jun 4% Jan May 27% Nov Oct - ' 34 3A Oct 3 Shamrock Sharon Sharp 12' 2 7" 22% Oct 19 Sheaffer 55% Oct 19 Shell 31' (W Oil 24'% July 12 35 Oct 17 39% Oct 9 14 Simmons 28% July 13 36 3 Smith (A 12 Smith Jun 33% Dec Nov 31% Jan 17% July 13 25 Jan 83% May 88% Feb 77 July 19 88 Mar 100% Mar 88 3 102 Aug Jan 10% Jun 14 Va Jun 17% Oct 16 Feb 14 97% July 107% Dec 106 Jan 20 Jan Jan 4% Oct Jan 10% Dec 40 Mar 52% Oct 11- Oct 14 % . 14% Jan 3% Jun 4 29 73A July 25 51% Jan 11 Apr 11% Jun 9 28 3 Feb 8 23 22% May 26 24% Oct 18 118 % May 24 4% Sep 20 Jan 28 53% Apr 14 11 Jan 14 54% Aug 12 30 3%% South South 5% Nov 36% Jan 393A Sep Feb 1 Nov 31% July 26 36% Jun 12 Southern 10% July 12 13% Mar 16 *94'A 23% May 25 South 40 Southern 10'A Sep 12 Nov 28% Jan 36% Nov 32% Jun 51 Dec 49 Jun 27 25% Jun 41 Jan 323A Feb 11 62% Aug 17 46% Oct 18 45 % Jun 61 Jan 53 3A Jun 29 68% Oct 19 56 Nov 66% Feb 58 % Jun 28 65 Feb 9 14% Oct 13 3 10 % Feb 15 Apr 5 7% Oct 6 Jan 3 10% July 12 Jun 133A Jan 3 % May 6% Jan 4% Jan 3% July 57/a Oct 5 May 60 * 21 Feb 26 Oct 20% Jun 26 22% Jun 291/4 Mar 25% Jan 3 6% Jun 10% Mar 64 Jan 71% Apr 13% Jun 18'A Dec Dec Dec 8% 66% Aug 15% July 22% Nov 20 82 Jun 92 Dec 893A Jan 18% Jan 52% Dec 47% Jan 25% Oct 32 18 preferred 1 31 3 40 Mar 3 Aug 18 •24 Va May 6 96% May 24 8% Aug 11 77% Mar 27 143 Dec 121 July 13 160 Jan 159% Dec 136 July 13 174 - 8 25 ,t—25 • 33 % 11% *20 36% ; common preferred 1 _1 2 No par com prior $7 prior preferred preferred 22,700 34% 14,000 40'A 38% 39'A 4,900 25 Va 29% li 79 com__No par L No par No par No par 63% *143 *158 *106 108% 108% *106 10% 2,000 10% 55 34 54'A 54% 13 Va 12% 12% 12 7 12% 9% a 9% 9% 500 22% *22 9% 9,100 • 3,000 4,000 9% 9% 3% 3% 3 VA 3% 3% 3,600 35 331/2 34% 15,300 39 *38 'A 391/4 1,400 31 30% 30% 48,900 64'A 65'/a 4,900 3,600 3% 31% 31% 31% 32% 32% 33 % 32'A 32% 32 32'A 33% 33% 34 34 34 341/4 34% 341/2 *34 34 Va 1,600 20% 20% 20% 21 21% *21 % 21% 3,400 * 78 % 80 *89 'A 91 20% 20% 21'A *78 80 *78 80 79% 79 3 *89% 91 *89'% 91 *89 % " 21 79% 91 2o 8 52% 12 Va 49 41% 33% 11% 20% 36% 19% 24% 110 20 24% 110 19% 19'A 63% 145 161 91 191/4 19% 24% 19'A 24% 19Va 24'A 24 3A 24% 110% 110'A 4% 4% 4VA 4% 4 7% 8 7%. *51% 53 12% 13 24% 110VA 111 4% 7% 8 7% 8 *51% 53 7% 8 51% 51% *51% 53 12% 12 Va *12% 12% 12% 12% 1,400 24% 96,400 111 111 111 Va 10 19'A 4% 8 1,800 5,500 9,000 51'A • 51% 200 13 13 Va 10,100 49 49 1,700 49% 49% 49% 49% 41% *41 % 41% 41% 41% 33% 331% 33% 33% 33% 33% 33% 33% 33% 33% 6,400 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 56,700 20% 20 % 20% 20% 20 20% 20 % 20% *20 20% 35% 36 Va 36% 36% 36% 37 36% 37% 37 37% 4,600 60% 61 60% 61% 60% 61 Va 26,900 45% 46 % 45% 46% 44 44% 20,600 67 68 67 % 67 67 % 65 *62% 49 491/8 49 49% *41 41V2 *41 14'A 7% 79 80 24% 4% *14 25 Ve <29%* 11% *78'A , 110% 4% *62% 7 82 19 % .65% *891/2 a 91 4% 65 22% 22% *92%• 92% 7% 7% No par $3.50 preferred-t $6 28 "2 33 'A 33% No par — Mar 22 27% 32 19% 19% *37% 37% 107% 107% Squibb (E. R) & Sons common $4 preferred No par Mar 22 Shares 28 % 34% 65 5 1 Co Co t per share 27% $ per share share 30% 65 Spencer Kellogg & Sons the Week Oct. 20 66 »A *62'% *6% *77% Sales for Friday Thursday 31'A *62% 14 % 7 20 641/2 ctfs—100 Inc. 1 No par 1 No par 7 30% 67 Spalding (AG) & Bros Sparks Withington Co Spear & Co common. $5.50 preferred 13,700 9% 96'A 65'A 45% tr 2,100 10 9% 96 30% 60% Elec *941/2 *94 % 9% 9% 64% 45% 66 9 % 10% 10 30% 65% & 18% 64% 60% Gas 18% 4,300 30% 651/2 $4 preference 25,600 18'A 64% 45% Stand 54% 18 30% 60% Inc 16 53% *33'A 65% Brands 19% 54% 34% 44% Standard 15% 53'% 38% *89% *19% 24 24% 111% 111% 4% 4ya *51% 12 Va 49 *41 2,200 *15% 38 'A 59% D 1,000 34% 45'A 66 V2 Square 4,100 71% 38% 60% 9 17% 35 44% 20% Oct 109 *78 1 No par 5 17% 71'A 38'% 60 $4.50 17% 72 34 *31% ; Co„ Conv 17% 72 4 Pacific 25 1,000 r 13,100 38 3 65 33% 20% 9% 3% Railway common—No par preferred 100 Sep 75% 33 % 33 30% 5 85 401/4 75% 341/8 65- Co—7.50 1 July 31 90% 39% 76% 22% 13 3% 30% - ___25 __20 Elec__No par Gas stk *89% 40 »A 541/2 13% 9'% *38% (The) Ohio 90% 39% *75VA 22 'A 13 3% 38% non-cum & *89% 55 »A 55 Southern Mobile 13% 22 VA 54% Southern 5% 13% *21% 22 9% 4,400 13 % 10% 53% 3% 60 113 *112 13% 10% 22 9% 33% Edison Inc Jan 17 13 20 97 10% 22 3% 10 3,500 10% 10% 9% 33% com_4.50 Co & 97 Oct. 19 108% *106 10'% 9% *94 % 113 150 30'A 28% $ per 28 13% 53 13% 108'% 30% PRICES 10% 3% * 50 Gas *C4 *112 1,900 107 % *106 30% Wednesday 53% *21% 54'A *38'A Platinum-, Corp/ (The)— 4% July 13 22. Oct 81 13 _1 —5 100 Sperry 25 22 53% Co com__20 Spiegel July 13 *21'A Iron 26 29% July 26 106% Jan Apr 1 10 Natural 30 39% — Indiana 107% 26,900 % 99 99 99 *97% *106 40 Va Corp Co 32% 43 34 3 a '106 2,100 19% 32% 42'% 40 'A 108% 19% 19% 34 10% 190 42% 40% *106 95'% 33 % 33% 10% 124,600 19% 40 108 30 11 Va 32% 32% *10% - 42 39% -No par California 94 % 32% *106 190 135 19% 95 % 11% 94% 6,400 215 135 138 39% * 215 210 11 32% No par 12% Sep Mar 30 17 V4 page 11 8% 201 33% No par G 28,400 -39% Co Sons Cpt 2,400 17% 57 39% .No par & 28'A 23 % 17'% 56% 23%. *135 Oct. 18 ( per share 28 28 23 % 17% 56% 32% .No par _ E & 27% SALE 10,800 17% 23% No par 1 & t per share 28 HIGH Oef. 17 Oct. 16 f per share 27% AND 96 Tuesday Monday Saturday 10 9% *94'% 9% 16% 54% 18% 10 10% 96'% 290 47% % 56% .No par Corp & Southern Apr ' Southeastern Greyhound Lines 5 South Porto Rico Sugar com_No par Aug 45 * : 16% 52% 18% 10% 9% 17% 73 47 34 new Steel Carolina 45 July 12 'f 1 Steel 9% 95 95 96 15 preferred 40 see 10 Oct. 14 G) Amer Gold 35% 30% July 12 ' preferred __100 Smith & Corona Typewriters-No par Socony Vacuum Oil Co Inc.; 15 Solvay American Corp 4% pfd—100 Jan For footnotes *94% 4.20% Jan ■19 '• preferred 36% 98'A 9% LOW Pen 17% 72% 18 9% common & O) 29% 109 18 9% Co (A) 19 95 % 18 Oil Oil % May 29 21 % 37% 17% 10% STOCK __ Saw Slops-Sheffield 20% Jan Sinclair 17% 73 18% 10% 18 10% " Par Co Simonds 33% Oct Dec 107 73 73% 73 ___5 1 Corp 52% July 13 Feb *75% 17% 74 16 52% Sheraton Corp of AmericaSilver King Coalition Mines. Skelly Apr 75% 17% 76 17% 15% Shelter 31% Sep 23% 76 17% 52 4 70% Aug 11 100 75% 137/a 90% 40% 76% 36% 111% 46 % 111 46 % 17% 13% *89% 39% 75% 13% 90% 39% 76% 17% 73 15% 3 29% Mar 21 73 38% 52% 18 10% 9 21% Feb 15 Dec 39 15Va Oct Sep 531/2 38% 52 May Jan 10% 13% *89% 39'A 15% 4 Mfg 13% *89% 13% 90% 52% Gas A) 24% Feb' 13% 90% 13% 15% 10 14 % Oct 96 96 38% • 17% 35% *111% 36% 36 111 56% *112% 113 52% Corp 363A 26% *112 *89%' - No par ■ (Frank Jun 7% 96 113 96 112% 30 .—No par $4.25 cum preferred Shattuck Oct 3% *94 112% 1 Corp 18% 17 Va 106 .*93% No par ti Dohme & 6 25 ' Oil Steel 11 % Oct 113A July 25 6% Jan 13 2% Mar 30 % May 19 28 22% 106 29% EXCHANGE 108"% Apr 14 15% Jan 34% Jan Jun Del Co & YORK NEW 46 3A Aug 28 July 25 33 Jun 16% 99 1 A preferred $ per share share 24% Jun 8% 22 41% *97% 29% . 5 com common Highest Lowest Highest 3~83A 41% 98% STOCKS 113A 30 $4.50 Range Since Jan. 1 105% Feb ; % May 17 98 41% 107 % 29% 93% 56% 190% 198 *125 139 10% 11% 94% 94% 19% 19% x32% 33% 41 % 41% *97% 99 *106 107% 29% 30% *96 98 112% 112% 5 Roebuck Servel Inc 19% 32% *41% vtc__No par Seeger Refrigerator Co Seiberling Rubber Co 14 14% May 31 28% Sep 24% Sep of 95 19% 33 56% 191 139 11% 11% *94% 96 19% 19% 32% 33% 41% 41% *97% 99 *106 107% 30 30 11% 95 19% 32% *106 100 series Co 95 35% 36% 110% 111 45% 47 23% 23% 100 (The) Finance Co Oil 11% 19% 33 25 TOO 100 Corp Sears 192 140 11% 36% 36% *110% 112 45% 45% 23% 23% 17% 17% 56% 190% *125 56% 95 No par No par Air Line com Seagrave May 20 11 Co 55% 11% No par — common— preferred Previous Year 1949 Lowest 20 com new preferred Seaboard 20 ' 3 *125 : Elec Seaboard 2 16% Oct Jun *188 140 preferred preferred 3.35% May 11 18 56 5% 33% 192 *125 Mfg Co Seaboard 77% Aug 30 21% Feb *188 100 preferred Scranton 2 3 Sep 21% Dec 100 Ry Co preferred preferred Scovill Mar 27 5 Jan 14 91 Jun 17i/a 56% vtc 5* A Southwestern $3.40 $4 20 Jan Jan 13% 23% 17 56 Paper Co Aug 86% Jan Jan 12% 83 *23% _100 series Regis Paper Co common 112% Oct 9 Jan 45% 35% -35 111% 111% 44% 45 23% 23% 16% 173/£s Co com vtc„Nopar Uy non-cum 31% Sep 30 F Louis 96 Jun 35% 111% 44% . 5 1st pfd 4.40% series A 100 Savage Arms Corp. ' 5 Schenley Industries Inc (new)—1.40 27 112% Sep 105% Feb 20" 104 L San 101 % Sep 6 28 94'% 33% Sep 1 Feb 94 St Co *110% 35 .100 —10 Joseph Light & Power Co_No par 5% 20% May 24 38% Aug Nov 98 Jun 90 St 16 Oct 96 6 85 28% Sep 9% May 87 July 77 Joseph Lead Preferred 31 5 common preferred 5% 6% *6 % *79 65 14% 7 7% 81 14 7 *6% 81 "62% 13% 7%. 6% 71/4 71/2 7 141/a 14'A 7% 14% 81 *78 6% 7'A *78 82 68% *63 65 14% 7 *41% - 7% 82 14'A 6% *6% *78 43 100 700 4,500 65 14% 2,400 6% 8,800 7% 400 82 25% 25% 25% 25% 29% 110 1,600 25% 25% 25% 251/4 25% 29% 29% 29'A 29% 29% 30'A 29% 30% 30 % 8,800 10% 11 10V 11Va 11 11% 111/8* 11% 11% 11% 19,000 79'/a 791/a 79% 79% 791/4 791/4 79 79% 79 79 18% 19% 18% 19% 19 % 19% 19% 19% 19% 19% 38% 37% 38 *25 36% 37% 36% 38 108% 108'% *107% 109 22% 22% 22% 92% 92% 7% 63% 7% 64% *92 7% 64 VA 38 *107% 38% 109 * 38 *107% 109 22% ' 22% 23 »A 23% 23% 92'A 92% 92% 92 92 7% " 65'A 143 143 143'A 143% *159 160 160 160 7% 64 *142'A 160 7% 65'A 7,'A 63% 144 *142 160 159 7% 64% *107 "23% 92 7'A 63 109 280 5,600 2,700 20 2 3-/a 14,200 92 % 500 7% 7,000 63% 9,400 144% 143'A 143'A 159 159 160 300 2,200 Volume 172 Number 4953 . The Commercial and Financial Chronicle . . (1549) NEW Range for Previous Year 1!>49 Lowest 55 Range Since Jan. 1 Highest $ per share Lowest $ per share Jun 70 61 Sep Jan NEW Highest $ per share 25 78 Oct Jun 45% Nov 42% Feb 14 58% Oct 74% Nov 66 Jan 25 87% Oct 9 20 Jun 27% Oct 25% Jan 4 33% Sep 18 102% Dec 21 104 12 Jun 20% Dec 18% July 13 25 Jun Jun 48 Dec 48 26 x27 Jun 38% Jan 26% Mar 53% Sep 37% Sep Standard 22 40 10 July 35 13 Oct 94 Jan 24% Jan Jan 6 1 34 Dec Feb 16 3%% Steel 28 Sterchi 10 Sterling Drug Inc 18 3%% 42% Aug 24 21% Apr 21 Stores Jan 12 Jan 3 Dec 10% Jun 27 15% Jan 18% Dec 16% July 5 20% Sep 28 12% Feb 21% Dec 27 Feb 28 Dec 16% July 13 25% July 17 23% Apr 16% 36% Oct 7 38% July 13 8% July 17 95% Jan 20 71 7 Sunbeam 5 Sun Chemical 6% Feb 9% Jan Feb 117 Jun 122 Oct 55% Feb Feb 72% Oct 15 $4.50 19 Sun Oil 10 xl22 Jan 9 25 17 Oct 18 Sunray 35 106 % Dec 108% Dec 7% Feb 11% Nov 27% Jun 36% Dec 33% Jun 29 12 Feb 9% Jan 3 Jun Aug Sep 24% 76% 3% Jun 6% 89 103 Jan Jun 12% Dec 2% Jun 6% Dec 13% Jun 18 Nov 17 Jan 3 48% Jun 65% Nov 59 % Jan 25 Oct 25 17% Oct Inc of 14 1 3 Apr & $1.25 10 (The)—4.16% No par Apr 1 13% Sep 9% Oct 18 The 20 Thermoid $2.50 41% Oct 36% Jan 42% Oct 20 7% Jan 3% Jan 5% Jun 7 17% Jan Oct 13 Thomas Oct 20 Thompson 27 95 Oct 2% July 12 5% Feb 27% July 28 42% Feb 20% 25% Jan 22 32% Oct 7 101 3 Steel Co (J Aug 29 306 116 308 114% liy2 13% 24 23% 23% 85 23% *84 83% 84 9% 9% 9% *12% 13 20 Timken 13 Dec $ per share 74% 84% 10 36% 37V4 35% 37 36% 87% 86 87 36 % 61 61 No par 8 20 Feb 11% Jun 12 Tri-Continental Feb 108% Oct 9% Aug 15% Jan 19 Va Jan 25% Dec 18% July 17 25 y2 Jan 6 Jan 37% Dec 32'% Jun 36% Jan 5 Sep 4% Jan 10% Nov 98% Aug 8 % Jan Jun 34% Nov 29 "A Jan 18 6% Jan 4% Jan 3 1 9% 10 9% 24,900 103 Transamerica Corp Trans World Airlines Jan 5 9% Oct 2 Twin Coach 13% 5 Va 400 5% 22% 1,800 23 2,700 74% 75% 75% 75% 75 75% 74% 75% 24% 24% 24% 23% 24'A 23% 24% 84% 85% 85% 86% 85% 86 84% 85% 36% 36% 36% 37 36'A 36% 6,'300 9,000 88 6,100 12,400 22,200 . • 87 88 86 86% 62% 61% 61% 1,700 13% 13% 13% 16% 13% 16% *16% 4,800 16% *10% 11 16% 10% 11 16% 16% 17 11'/a 1,200 11% 11% 12% 12% 12% 36 36% 38 36% 37% 13% 8% 13 13 40 41 36 36% *35y2 36% 36 *13 13% *13 13 Va *13 8% 8% 8% 41 7 *40 Va *7 99'% 99% 3 Va 3 3 29V4 29'% 29% 32 31% 40 4 27 Va- 7% 8% 4% 7% 4% 27% 7% 7% *4- 100 9'/a 9,900 42% 310 4% 69% 69% 70 70 *4 99% 99% 99% 99% 3 *2% 2% *28 >/4 29% 32 29% 32% 29% 32% 29 32% 29 32% 500 3,500 7% 2% 32 4% 27% 27% 70% 100% 3 3 1,050 8% 27% 7% 69 % i 17,400 13% 42% *99% v 12% 37 % 8% 27% 7% >' 12 Va 37% *13 41 27% 27% 7% 69% 8% 40% 3% 27% „ 69% *13 9 40 Va 4% 27Va r 13% 8% 41 4% 7 3 8% 8 3,100 69% . 70% 99% 99% 120 2% ; 2% 1,400 *28 '/a 32% 30 32% 32% 2,200 400 8,100 18% 18% 18% 18% 18% 18% 18% 42% 18% 42% 18% 41% 42 18% 18%- 42% 42% 18% 8,200 42% 42% 42% 43 42% 43 6,200 Monday 9 per share $ per share HIGH Tuesday Oct. 16 SALE PRICES Wednesday Oct. 17 Thursday Oct. 18 $ per share Friday Oct. 19 $ per share Oct. 20 S per share 2 17 17 16% 16% 16% 17% 16% 17 17% 17% 16% 17 17% 17% 17 17% 17% 18% 18 18% 18 18% 17% 18% No par 1 common 19 12,000 19% 19% 20 20 20 20% 10% 10% 20% 20% 10% 20% 10% 11 1,600 11% 10% 11'/a 10% 10% 29,600 106% 106% 107% *106% 107% 106 15 15 15 15 105% 106 106 106 15 Va 15'/4 15 Va 15% 15% 15% 3,900 24% 24% 24 Va 24% 23% 24% 18,100 23% 23% 23% 23% 35% 35% 35% *35% 101 Va 101 Va *101% *12% 12% 12% 102 12% 38% 38% 38'A 1 8% 8% 8% 550 15% 24% 23% 38% 106% 14% *35% 50 36 35% *101% 35% 35% 35% *35% 36 102% *101% 102 % *101% 102 12% 12% 12% 12% 12% 12% 38 *11% 38% 38 38 37% 37% 8% 36% 102 8% Co 26,600 19% 10% 106 preferred Shares 19% 10% 5 Co Sales for the Week $ per share 5 No par prior conv 5% 23 62% 31% prior preferred No par City Rap Transit com__No par 5% *13 13% 5% 22% 13% 27% Inc__; preferred Twin 13 13 5% 23 62% 27% $4,50 13 Apr 13 5% 23 89 4% 20th Century Fox Film com„No par $1.50 conv preferred——No par 13% Apr 9% 62% *4% —— 39 10% 13% Saturday Transue & Williams Steel 6% 5 290 23% ■■■"■ LOW AND 23 Dec 16,900 13% Oct. 14 19 Va Jun 29 23% 85% 62 STOCK 20% Apr 20% Oct 32% 98% 300 23 % 85 ;—5 14% July 13 Coal 14 *13% No par 15 $6 14 23% 85 13% par Par Truax-Traer *13% 100 61% *29% Axle_, Bearing 15% Jun 13 5,100 14% 10 $ per share 15% Sep 39% 61% No par Oil Dec 3 39 y4 17 Va 1 Feb Jan 39% 13% 15 16% 9% 10 39% 17 EXCHANGE 110% May 17 300 % 13% 13 Va 41 common Corp 10% 17% 61 _50 Corp.No 17% 8% July 13 104% Jan 3 115% 10% *17 1 Jan Dec *112% 84% 88% 1 50c Jun 7 400 116 . 100 10 29 43% 23% 37% 87 , No par IIV2 Mar 42% 24 *12% .23% (The) YORK 42% :'113 85 127/a 12% 73% STOCKS NEW Highest 6,800 13% 13% 9% 22'% Trust— Associated Roller 16% 23% 10% 84 V4 preference Water 1,500 16 *84'A 85 10 6,200 16% 10% 39 13% 2,200 309 10% 39% 24 y8 309 42% 44 11 23% 307 10 15% 116 *10% 74% R) Timken-Detroit Aug 22 43% Oct 13 Lowest $ per share *42% *113 39% *84% 307 15% 11% *13% 10 *12% 100'% Range Since Jan. 1 Highest 44 39 13% 312 15% 116 *10% 39% 308 15% *113 11 39 309 15% *42% *13% *99 % Range for Previous Year 1949 307 114% 11 39 Va 69% Tide 119,500 56% 9% 44 69% $3.50 20 21 54% 10 *43 5 6 Jun 21% 57 9% 15'A 4% preferred 100 Thompson-Starrett Co com__No par 6 Dec 4'A 20% 56% 10% 85 preferred Thompson Products 40 103 21% 56% 97/B 23 V4 Oil tThird Avenue Transit 8 % Apr 2% May 24 20% 74 common 28 3,100 - 16% 56% 10% 22% ——— convertible 16% *23 20% 84% preferred Co 17 57 9% 10 Co certificates 73% Sep 84 20 y4 ■ common Fair 16% 72 118 19% —No par Land 17 *71% 118 57 10'/a *15'/a 39 % 1 9 & 72% 117% 57 44 *11 25 Coal 72% 117% 19% 15»/8 *13% _ 19% 309 *114 y2 25 Thatcher Glass Mfg Co common 5 $2.40 conv preference No par 43 23% May 19% Jun 98% *43 100 Pacific Ry Co 12% July 5% Jan 16% 15 com Producing conv 30 y4 Jan Jan 10 50 Sulphur Textron Inc 14 5% July 13 10 X57 10 "/a 309 Corp share 32% Aug Sper share 58 y2 10% 25 (Ja^-co Pacific Dec Lowest 19% 58'A 10c preferred Apr 27 19% 12.50 California Corp Paper Co Pacific 4 63 97% 16,900 Biscuits Texas 4 14% Sep 30 *97 4,900 Co Texas 14 30 10% 97% 14,800 1,500 72 ii8y4 16% 5% Feb 11% *96% 1,100 __ 1950—20 ser 16% 22% Jun 15% 50% 11 11% 97 y4 5'/a Jun July 14 7,100 ny8 *95% 22% 44 13% Jun 1,900 11 % 50% 11 y8 97% 5% 10 33 Va 50% 51 10% *95 y2 22% 14 Jan •50% *50% 10% 97'A 5% Jan 43 % Mar 50 *70 10 % *95 y2. 22Va Jan 19 49 y2 10% 97 5% 15% Jun 49% 49% 10% 22% 11% Nov 49 49% 97 *5% 48 13% 66,300 22% Jun 32% 34% 5 July Jan '33% 5 Texas Sub Dec 34% 16 28% pfd Texas 4% 33 % 4 22 51% May 12 94 y2 Jan 4 35 757/« Oct 89% Sep Jan 34% Telautograph Corp July 17 Mar 8,000 34% Tennessee Feb 9 34'A 18 Jun 20 34% 18 33% Nov 33% 21% Oct 36 6 19% 21% 15% 28% 2nd Talcott Inc 13 Jun 19% 21% Sylvania Elec Prod Inc com—No par 37% Oct Jun 19% 21'A 16 23% S4 preferred' Symington Gould Corp 16 1% 19% 21% 28% Gulf 14% 19% 21 29 Gulf Mar *19% 28% Texas Oct 19% 21 28% Texas Jan 15% 19% 20% 24% 7 6% 24,800 16% 20 20% 29% 17 Jun 15% 70 24 '/a 24% Oct 4% 8,600 28% 86% Oct 12 5,500 16, 16% 15% Va 13 35 40 18% 15% 24 15% Jan 7% Jan 39% 16% 13% 29% 63% July 13 Nov 40% 14 Va 16% 24 Dec 8% x39% 16 28% Nov 4% Mar 42% 16% 23 % Nov 25 y2 42 15% 28 'A 70% Dec 42 Va 16 Va 15% 26 y2 8 42 101% 101% 41% 15% 20 Swift International Ltd 23 *101 41% 16 Va 27% Jun 13 % 101% 41% 23 '/a Jun 53 101% y2 16 Jun Dec 101% 101 1.200 27% 11 y4 58% *100% 101 15% 23 % 16 Va 20'A Feb 101 36 y2 26% 56 18% 38 37 22% conv 4 y2 % 19 15% 37% 26% 6 7% Apr 15% 37% 22% Sweets Co of America Swift & Co 13% Oct 15% 37% 26% 5 10 t"/4 Api *15 20% called——— 4 11% July 11 *36 15% 37% 22y2 B if 9% 36% 15% 36% 25 Sutherland 18 *35 15% 36% _25 series Apr 26% Apr *36 Va 35% 36% 19 y2 No par 15% Mar 3 36% 35 % *15% 16 19 y2 No par 40% Oct 4 101% 52% 20% Sunshine Mining Co 88% May 31 10'/a Oct 13 Jan 5% Jan 4,800 52% 35% Steel 18% July 13 Nov 15% 37% 52% 20% pfd series B___ conv Superior 79 Mar 300 37 % 52% 7,500 7iy2 19 9% July 11 300 51% *51 *117% Sunshine 6 52% 36 % 51% 71% Oil Oct 32,500 24 51% *50 118 y4 Superior 13 400 24% 24% 102% 70% 4 116 i03y8 24 102% *117% Aug July 13 32% 103 y8 33 24% 70% 5%% 45% Aug 23 32% 103'% 23% 34% Corp comomn 1_1 preferred—No par 16% Oct July 17 33 *102% 23% 118 y* 18 9% Mar 30 32% 103% 22% 15 y2 21% Oct Dec 33 *102% 22% 22,300 70% 4'A% 4%% Jan 32% 16,400 20,500 86% 33 _1 _20 common Preferred 14% 85% *ii7y2 19 41% Jun 86% 15% 18 11 86 70'A 18 11% May 11 86% 118 y4 Oct 63% Apr 86 15% 29 335 57% 86 *117 y2 29% Oct 3 58 85% _1 24 Va Oct Jan 57% 85% Shares 74% 57% 100 20 July 13 8% July 12 74% 14 % A 4 y2 % 30 49 75% No par Oil 25 195 74% 58% preferred A Jan 14% July 12 75 58 15% 41 1 common 74% 57% 103% 36% *100% 15 preference Co 28% Oct Sep 36% __5 Corp 19 Dec *151/2 74% 57 Corp common preferred series A Class 10% Jan Dec 1 5 100 74% 57% 33 the Week $ per share 74% 32% Sales for Oct. 20 $ per share 22% 36% Inc Friday Oct. 19 , $ per share *102% 51% *35% Thursday Oct, 18 $ per share 56 % 23 No par PRICES Wednesday 85 103% "SI Corp series 16% Jan 12% 8% Aug 8% 18 Sep 227 50 Webster Jan 60% Jun 17 % Apr & 17% 7% Mar 30% 11% Oct 101 prior 116% Oct — —— 127 Mar 5% Stone Studebaker 21% Jun 22% SALE 73 • 33 *102% common Stokley-Van Camp Inc Dec — 36% 17 Dec 11% ' July 15 16% Oct Sep 66% Jan 9 96 16% Oct 33 100 (J P) & Co Inc Stewart-Warner Corp L'% 52% 85 % preferred 13% 90 85 % Stevens 27 Bros Jun Dec 57 % HIGH Tuesday Oct. 17 $ per share 74% 56% common^.l Spring 28 Jan 52 74% 25 convertible preferred Starrett Co (The) L S 9% Jun No par 4% Sep Oct. 16 t per share Jersey 25 common_l_10 AND Monday Oct. 14 preferred series A Standard 9% 28% Saturday Ohio of 39% Feb 21 30% Apr Aug 17 Oil 101% Oct July 12 98 Jan 33% Feb Jan 12% July 14 41% Aug 100 RECORD LOW STOCK Standard Oil of California Standard Oil of Indiana-! Standard Oil of New 18 Jun 101 YORK Par 2 36% « STOCK EXCHANGE $ per share 60% 96% May YORK STOCKS 102 8% s%: 8% 8% 8% 500 %' 12% 37 8% 8% 200 1,400 1,470 4,800 IT; 8% Jun 10% Dec 10 39% July 14 103/4 July 17 263/4 Jan 13 39 Nov 46 Jan 10% Feb 123/4 Apr 19% Jun 33% Jun 107 31% 45% Jan 112 Jan Dec 94 Jan 96 40% July 17 Nov Jan 94 Aug —— 25% Jun 21 111% Feb Aug 86 Va Feb 96 2 32 3/8 Sep Jan 81 Jun Feb 50 Jan 30% Dec 36% Jan 20 Va July 27 Dec 31 May 12 25% Jan 13 104 % Jun Jun Oct 143/4 Oct 61% Jan 85% Oct 19% Feb 31% Dec 27 9 51 7% Mar 28 29% Jun 13 13% 3,000 45% 46% 2,500 12 12 36% 11% 35% 35% 36 35% No par El Co of Mo pfd $4.50 ser__No par 46% 46% 46% 46 % 46% 46% 48% '47% *112% 113% 112% 112% *102 105 18 Preferred Aug 21 36% Oct 3 34 Va Aug 1 112 Mar 20 33 Mar 29 $3.70 Preferred Union Oil $4 CO 00 Jan No par No par Tank United 5% Car Aircraft United Air 4%% United Inc 13 32% July 12 40% Oct 20 United 30 32 Sep 28 United-Carr 23/8 July 12 36% July 11 33/a Jan 3 4 Jan 12 United Board & Carbon 2% Jun 33/4 Oct 40 Va Jun 47% Sep 3 Va Dec 3% Dec 3% Jun Jun 45 9% 70 Dec Dec July 17 Mar 29 25 83/a May 22 22% Jan 16 42% Dec 39 16 Jun 55% Dec July 19% Dec Feb 26% Dec 9% Mar 133/a Sep 18 % July 18 50% July 12 United 105% 10 31 % 31% 31% 31% 12,900 96% 95% 96 Va 95% 96% 51% 51 9,200 1,600 No par Carton Corp 109 16% .*87 30 *108% 35% 1,600 30% 30% 16,200 108% 108% *107% 16% *85% 109 17% 89 *107% 17% *86 109 *107 % 109 51 Va 51 % 109 51% 109 177/8 17% 18% 17% 18% 17% 18% 88% 88% 88% 89 89% 89 89% 30 29% 30 29% 30 110 *108% 110 *108% 110 • 29% *108% 30% 110 29% 30 29% 30 *108% 110 *108% 300 40,400 500 110 2,600 10 16% 16% 16% 16% 14 16 12% 13% 13% 13% 13% *38% 13% 38% 38% 38% 38% 12,900 387/a 39 40% 40% 40% 40% 40% 5,400 No par *28% 29% *28% 29% *28% 297/a Stores com__30c 28% 28% 29% 29% 28% 3% 28% 600 3% 3 Va 3% 3% 3% 3% 10,900 *41% 42% 42% 42% 100 42 1 (Del) 4 69% 10% 42 4% 4 10% *10% 69Va *69% 4% 10% 70% 4 *10% 68% 3% 43 4 4 10% *10% 70 3% 43 4 3% 42% 4 3% 43 4% 3% *42 4 10% *10% 10% *10% 69 *68% 43 110 4% 39,000 10% 100 68% *68 Va 68% 90 24 24% 24 24% 23% 24% 23% 24% 3,400 66 Va Oct 50% 19 51% 52 52% 52 No par 52% 52% 53% 65% 65% 3,200 65% 65 Foundry 65'% 65% 68% 65% 65% 65% 66% 65 % 66 Va 9,100 Corp 10 18% 18'% 18% 18% 18% Gas 19% 18% 19 Va 13% 19 18% 19 Improvement Co—13% 27% 28 30,700 28 28 28 28 13 27% 28 27% 28 27% 28 5,900 July 13 99 Oct 4 143/4 Jun 30 90% July 26 181% July 19 8% Jan 3 10% Sep 57 Jan 46% Jan Apr 26% Oct 22 3% Jun 9% Dec 35% 31% Gas 27% July 12 For footnotes see page 35% 30% United Merch & Mfrs Inc Dec Dec 35 31% United Nov 30% 34% 30% United 30% Jun 34% 30% 18 17% 15% 51% 34% 30% 19% Mar 22 102% Jun 51% 34% 30% 29% Apr 153/a Sep Feb May 51% 34'A 30% 14% July 18 22% July 13 11% Mar 30 Mar 6% 17% 89 51% 34 23% 3 43 109 *51% No par Co Dyewood Corp common 1 preferred —100 12 Oct 52 34% 30% . 50 Jan 187 105% 31% 95% 23% 23% Jan Jan 106 31% 96 50 24 Dec *105 *105 31% 23% 15% July 13 173/4 106 107% 50 15 Va 116% *106 49% Dec Jun 107% 130 580 23% Dec Jun *106 94 5 26 Jan 107% .93% United Engineering & United Fruit Co 25% 12 Ye 105 95 United Electric Coal Cos———_5 Jun 175 *100 95 20 Jun x89 % 112 105 95 x94% 21 19'% 18% *111% *100 96 Sep 53% Oct 19 94 111% 105 96 95% United 7% 111% *100 96% 105 31% common—10 Fastener Corp xlll% 105 96 *102 95% 30 Va $3.50 convertible preferred 3 58 14% Aug X44 % Mar 4% May 31 123/8 Aug 21 78% Mar 3 34% Jun 50 113 *102 96% 31% 100 Cig-Whelan 23,100 30% ' Jun 5,800 47% 94% .100 $4.50 preferred United 36% 47 Va 95% America—No par of 35% 47% 31'A *51% 34% preferred Biscuit 1,600 36% 111% , 35% 47% ; 95 5 common preferred Lines , 31 Va No par Co Corp convertible *106 36 25 non-cumulative preferred—50 4% Union *96% 113 50 of California 111% Sep 16% Oct 5 No par series series. Union Pacific RR Co common 23 . series— $3.50 Preferred 54 1 Oct 13% 46% 11% 36% Un 1 Dec 13% 46% 12 36% 7 90% Aug 93/4 13% 46% 11% No par July 18% Aug 106% 13% 46% 12 No par Rubber & May 10 25 Jun 13% 46 11% Asbestos Bag & Paper Corp Union Carbide & Carbon 133/a Jan Jun 13 Va 46 12 Union 3 4% 103 12% 46% 11% 22 106% Jan 79% July 11 24% July 17 106% Jan 3 12% 45% 12% 37% Sep 103% Aug 51% I3 46% Union 114 12% *11% Underwood 99% Aug 15 107% May 23 33% Sep 22 1003A Sep 22 89% 1 *46 19 10 30 Jun (The) Corp —- Co——5 Apr 13'A Jan 30 Apr 10% Udylite Corp Jan 103. Jan 24 24% May 2 73% 109% 47 22 90% Jan , 48 ■ 13% Jun 4 Mar 11 39% Oct 19 —-1 U S 106% May 23 20% Oct 20 U S & 189 Mar 123a Oct 60 5 $4.50 18 Sep U S 10 21 Aug 18 28 Va Jan 9 62 Aug 18 Hoffman 4%% 12 19 preferred U S Machinery preferred— Industrial Chemicals U S Leather Co common Class A conv preferred 14% 14% 14% 14% 14% 14% 14% 23,500 19% 20% 197/a 20% 20 20% 20% 20% 20% 20% 22,000 20% 19% 19% 20 20 20% 20% 19% 19% .20% 20% 2,300 38% 38% 38 38% 38%. 39% 38% 39 39% 38% *100% 39% 38% 8,600 No par Gypsum Co common 7% preferred ! 2 33% Oct 1st Freight Co 14% 20% 20 V* No par U S Jun 14% 20% No par Foreign Securities 14% 1 1 Paramount Theatres Certificates of interest 135 8% Jan 22. United 20 100 com ~. 19% 111 *182% 5 11% 100 *58% No par No par No par *56 % 102 19% 111 184 *100% 19% 108 *182% 102 14% *100% 102 19% *19% 19% 110% a 10% 111% 184 *182% 184 *100% 19% 110 *182% 102 20% 115 184 102 20% 111 *182% 11% 11% 11% 11% 60 58% 58% *58% 32 % 32% 32% 32% 32% 32% 33 33% 33% 18% 19 18% 18% 19 19 19 19% 58 % 57 57 57% 57% 58% *57 12% 60 12 *58% 12% 60 11% *58% 102 20% 115 184 11% 60 14% *101 % 20% 110 *182 % 11% 103 30 20% 2,600 112% 5,600 184 11% 5,000 *58% 60 50 33% 32% 33 5,400 18% 19 18% 19% 1,900 57 57 58 58 500 21 The Commercial and 22 Financial Chronicle . . . Monday, October 23, 1950 (1550) Highest Lowest t per 16% Jan 8% 38 Jun 49% Jan 72 49% Jan Jun 12 U 27 U 11 3 18 143% Oct Dec 23% July 12 82 Nov 88% July 5 43 Jan 37% Jan Jan 126% Jan Apr 112% 133 Jun Apr 33% Mar 31 57 54% July 14 46% Oct 72 20% Jun 26% 129% Jun 140% 18% Jan 22 Nov 18% July 12 38% Jan 44% Sep 40 13 25% Jan 4 Jan 139 Jan July 3 26 4% Feb 6% Nov 5 % Jan % Jun 11% NOV 9% July 13 Apr 92 Dec Jun 4 Jan 80 2% 5 Oct 41% Oct 18 6 T9 151 Oct Feb 21 11% Apr 3 Jan 26 2% July 17 4% Apr 24 3 91% May 100 Feb 27% Oct 22% Oct 2 27% Jan 9 12% Jun 17% Jan 15 Jan 3 24% Oct 18 3% Feb 9% Sep 6% Apr 17 19% Jan 25% Sep 21 Mar 7 Feb 12% 64 16 177 Dec Jan x25 Jan 161 Jun 170 156 July 13 4 20% July 27 Dec Jan 9 July 28 12 27 May 23 61% Jan 27 24% Aug 21 43% Sep 25% Oct 19 7% July 10 45 *8% 40 '72% '30% *96 74% 10 49% 50% S common 1st preferred non-cum preferred U S Steel PRICES 7% preferred S Tobacco Co United Stores $4.20 141 149% 19% *43 44% *5% 10% *93% *3 *23 22% 1 preferred-~.No par United Wall Paper Inc common 2 4% convertible preferred 50 Universal-Cyclops Steel Corp 1 convertible $6 1 4% Universal Leaf Tobacco com—No par *23% *174 10% Universal Laboratories Inc 100 preferred 8% Pictures Co Universal 1 Inc com 50% 140% 51% 51 39% 66 % 149% 40% 40 19% 19% 19% 19% 100 40% 40% 40% 40% 3,900 72% 72% 73 73 30 30% *96 97% 100 52 51 51% 15,600 850 52% 51% 140% 140% 57 55 67 > 41 150 % 150% 54% 55% 67 67'% 800 41% 41% 41% 101,300 150 % 3.500 19% 19% 3,200 *43% 44% 150% 150 151 20 19% 19% 44% *43 % 6 6 % 19% 6 141% 67 40% 141 % 56% 56 *43 19% 141% *66 67 40% 8,200 30% 30 % 97 51% 40% 200 *95% 97 66 % 6 6 6 8% 140% 51%. 141 44% *43 44% *43 6 16% 8% 30% *95% 150 149 149% 16% 8% 74 29% 30% 97 54% 51 66% 16% *8% 40% *72% 1 44% 19,700 1,100 6 6 6% *6 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 94%j 94% *93'% 96 % *94% 96% *94% 96% *94% 96% 3% 2% 1.500 10% 96% 3% *23 22% 22% *23% 10% 10% *55% 56% 25% 23% 23% -174 176 *174 *55% 57 25 % 25% 25 300 23 % 23 23 23% 23% 23% 24 24% 24 24% 23% 23% 2.600 4% 4% % 3,600 4% 4% 4% 23 23% 23% 174 176 10% 10% 5,600 23% 4% 4% 4% 4% 24 176 23% 23% 100 3 23% '23 24 3 3 2% 3 3 3% 3 24% *54% • Light Co & Power 50 141 *65% 40 *25 100 preferred 4%% Utah 49% 65% 2d pfd—5 non-c *95% 140% 51% Stockyards Corp United 96 65% 39% *148% No par common 30% 30% 95% 7,200 16% 8% 40 75 Shares $ per share share 16 Vs *8% 8% 39% *72% 75 30 97% 51 non-cumulative preferred--25 7% *72% *8% $ per $ per share 16 16% for the Week Oct. 20 Oct. 1!) Oct. 18 Saies Friday Thursday Wednesday 39% 8% 40 30 % 141 No par 100 Corp common 39 % -50 . 16% 16% *8% 8% 40 100 50 Smelting Ref & Min com 1% U Co Rubber 8% U 19 22 44% May 19 6% May 19 preferred 10 S Pipe <fc Foundry Co——20 S Playing Card Co 10 S Plywood Corp common 1 3%% preferred series A 100 U S 5 68% Mar Oct 62 8 77 Mar 33% Dec U 97% Apr 52% Oct 30 93% 31% Aug 10 16% 4%% x31% Sep 17 65 % July Dec 19% May SALE $ per share share 16 16% 1 U S Lines Co common 9 34% July 13 Jan 52 % 8% Jan $ per $ per share Par share 7% May 10 Apr HIGH Tuesday • 4 18 AND Oct. 17 Oct. 16 Oct. 14 EXCHANGE Feb 27 14% Jun Oct 7>A i per Sper share $ per share share Jan LOW Monday Saturday STOCK YORK NEW Range Since Jan. 1 Highest Lowest Year 194 9 11% RECORD STOCKS Previous Range for STOCK YORK NEW % 174 4% 10'% 11 10% 11 56 56 % 56 % 56'% 56% 25% 25 % 25% 25% 25% 600 10 176 -172 176 10% 11% 23% *23% 23 % 23% *172 4 *56% 180 58 25% % 25 7,800 10% 4,400 V 25% 7% Nov 11% May 20% Jun 27 Nov 24% Feb 23 10 Feb 13% 12% Jan 3 Apr 3 Jan* 9 Jan 25 Jan Oct 85% Mar 97 Dec 97% Mar 85% Jan 98 Dec 98 33% Jun 47 Dec 39% July 26 91 Jan 100 Dec 96% Mar 22 5 Jun 20 27 118 Jan 20 Dec Jun Feb 12 xl03% May 26 19% July 23% July Dec 32% Jan 27% Jan 26 Nov 33% Apr 25% Jun 7 33% Oct 28 —. 6 7 27 22 % Sep 1,000 15% 15% 15% 15% 15% 15% 15% 15% 15% 15 % 15% 3,800 26 % 27 27% 28% 28 28% 27% 28% 27 Va 27% 8,400 *100% 103 *100% 103 *100% 103 *102 104 103 *100% 103 *100% 103 *100% 103 102 202 20 46% 47 46% 47 45 46 2,100 *46% 8% 100 47 103% 19% 19% 19% 19% 115 115 116 116 116 *105 106 *105 106 *105 106 CI 1 5 Detinnin Vulcan 10 7% .. 32% *31% 33% 18% 18 % 18% 18% 19 12 Jun 14% Sep 12 Jun 26 14% Jan 10 Waldorf System No par 25% Jun 31% Nov 27% July 17 32 Feb 4 21% Jun 33 Dec 31 52 Oct 13 Walgreen Co common Walker (Hiram) G & W_ 6% Jun 9% Apr 4 Walworth 1 Ward 29 200 29 1,260 31% 32 *31% 31% 1,000 30 3G% 30% 30% 5,400 32% 32% 32% 100 *32% 19% 19 19 19% 2,140 *32 32% 30 63% *62 63% *62 63% *62 63% 13% *13 % 51% 8% 8% 8% Wabash 29% 28% '61% *13% 29 50'% 51% 13 6,600 105% *105 32% 2.50 Oct 19% 115 Va 105% *32 No par 63 19% 115 '/a 19% 115% 32 % No par 24 19% 19% 115% *32 13% Apr 18% 1,000 8% 103 % 32% 63% 48 32% 3,300 8 104 *105 20 9 103% 8% *32 13% *28% Jan 30% *32 101% 101% *100 103'/a 32% *61 60% 28 *100 32% 33 Jun May 17 32% 30% *32% 36 30% 31% 30% 32 30% 31% 30% *30% 19 20 preferred 11 31% *32% 27'% 31% 30'% 28 % 32 27% 27% 105% 28 28% *31% • 19% 115% *105 30% 27% -25 Visking Corp 115% 31% —25 103% 19% 19% 19% *114% preferred 6'/e 103 Va 103% *102 103% *102 103% 10 100 — ] 9 8% 8% 8% 101 101 101 *100 9 8% 9 47% 47 47% 47 101 *100 101 *100 par 31% Jan 45 8.9O0 31% 30 103 Apr Mar 13% 31% 30 29% *100% 32 30 12% 31% 100 13 Sep 18 12% 31% 29% *100'/4 6 Vo $5 19 37% Apr 12% 31% 103 J irgin 32% Sep 26 x30% Oct 13 July 17 12% 31% 103 5 29% Oct Jan 26 28 ' Oct Mar 23 Sep 11% *100% 100 5 106 11% 31% 29. *100% 3% % 23 22 4,900 11% 31% 29% -100 i_—5 117% Aug 25 114% Sep 31 11 % 31% 28% -100 Jan 106 16% July 27 118 *26 2.50 4 9% Oct 101 29% 11 31 Ve 29% '26% 15% -6% 51% May 19 Jan Jun Jun Raalte Co Inc July 12 Jan 25% Van 18 May 105 82% 14% 5 103 15% 113% Sep par 1 17% July 11 8 29 79 11 *31 10 Jan 6% Jun Jan 11% 2.50 .__10 28% Oct 26 20% Jan o 29% 11 31'% 29% 34% Aug 16 13% Oct 20 38 % 14 20% Feb Jun 17 W 9% Jan 13 6% July 13 Jan xl2 Jun 17% Dec 14 % July 14 x87% Jun 101% Dec 97 Jan Jan 16% Dec Jun 9% 30% Dec 16 11% July 12 19% Feb lOtt Sep 16% Jan preferred 4'%% RR 100 Co 1 100 Baking Co common preferred 19 5%% 24 Warner Pictures Bros 18 29 13% 13% 13% 400 14% 15% 15% 15% 15% 16 16 16% 6,700 7% 7% 7% 7% 7% 7% 7% 3,200 4,200 25% 23% 15 7% 28% 87 26% 23% 24% 105% 105% 111% 111% 111% 111% 111'% 111% *105% 106'% 16% 16% 65% 65% *110 110% 105% 106% *105% 106 % *105% 106% 105 % 106% *105% 106% *105% Apr 27 5 Jun Oct 24% Jan 13 83 % Feb 28 16% 14 West 25% Sep 14 West Kentucky 27% Feb 25 West Penn Electric 114% Jun 13 West Penn Power Dec Nov 21% July 13 111 Oct 19 11 101% May 4 17% Dec Jan Jun 50% Dec May 108% Jan 12% Apr 17 44% July 14 July 19 107 109% Feb 7 109% Mar 24 18 Sep 68% Sep 13 18 110% May 13 $4 convertible i per share share 7% Jun Dec 26 32% May 41% Dec 37% July 26 51% Apr 16% Dec 12 % 22 July 5 % Oct 21 Sep 33% Dec 27 July 3 38% Oct 20 Jun 30 Jan 28 Jan 3 47 NF.W Jun Par Oct 4 Western Air Lines Inc 6 19 4% 49 48 Va 48 7 17% 17% Wheeling Steel Common $5 Jun 16% Dec 15% Feb 8 23% Aug 8 conv White Jan 32% Dec 30% July 12 54% Oct 13 White 28% Feb 34 Dec 33% Jan 12 35 % May 23 14% Dec 12% Feb 15 7% Jan 5% Jan 3 17% May 26 9% Oct 18 Jun 57% Dec 49 % May Jun 12% Dec 12 70 Jun 79% Nov 10 Jun 13% 77% Jan 21% Jan Dec 140 Nov 22 Jun 35 Nov 44 Sep 49% July 5 69% Oct 18 27 15% Oct 20 5 91 Sep 22 9% July 11 Jan Jan Jun 12 Sep 21 16% July 13 137 July 18 32% Jan 43 10 July 25 22% Feb 142 25 Jun 13 45% Sep 15 51 Feb 3 share t per Shares share 10% 10% 17,600 10% 48 17% 48:% 48% 48% 49 48 48% 47 Va 18 18% 18 18% 17% 18% 17% 34 *33 Va 2,100 26,200 34 1,300 34 34 34% 34% 34 % 34% 34% 34% 34 43 % 43% 43% 44 44% 44% 44% 45 45'A 47 45% 46% 5,600 82% 83 Va 83 Va 83% 84 2,100 39 % 40% 39% 40 Va 39% 39% 13,200 31 32 31% 32% 31% 32% 38,100 3 3'A 33'A 33% 33 Va 33% 33% 33% 41,000 __100 *103% 105 *103% 104% *103'A 104% *103'A 103% 103% 103% *103 % 104'/a 100 12.50 *28% 29 28% 28% 29 29% 29 % 31 Va 2,000 123% *120 123% *120% Instrument Corp "when com_ *120 123% No par 38 38'A 38% 38% 38 Va 38% 31 31 Va 31 31% 30% 31 % 91 92 31 30% 31 31 91% Prior Motors 30% £3 94 3 8'A 37 "a 38 % 9,200 30% 4,900 30 % 520 94 *93 31% *30% 31% 31% 31 Va 31 31 31 31 31% 31% 500 Va 22% 22 % 22% 22% 22% 22% 22% 22% 22% 22% 22% 3,300 1 .53% 54% 53% 54 52% 53% x52 52 % 51 51% 50% 51 6.000 *34% *34% 35 34 Va 34'/a *33% 34 Va 34'A 34% *34 % 35 5 15% 15% 15% 16 15% 16 Va 16'A 16% 16 16 Va 15% 16 1 8% 8% 8% 8% 8% 9Va 9'A 9% 9 9% No par *64'A 65 64% 64% 65 65% 66 15 14% 14% 15 15 % 15% 15% 89% 88 88 11% 11% 11% 17% — common No par preferred No par Co 10 . Wisconsin Elec Power Co 10 com preferred 1 100 15 91 35 ' *87 90 *11% 89% 17% *139 89% *11% 11%. 11% 17 Va 17% *139 141% ' 17% 141% *88 11% 17% *139 *92 92 17% 141% 69% 17% *139 141% 69% 15 3 a 69 % 15% 300 7,900 68 Va 15% 68% 15% *88 89 11% 11% *11% 11% 17% 10 *139 141% 17% 2,000 22,200 400 6.500 18 141 *139 . 200 89 *87 72.700 9% 9 "2 10 Co 42% 42% *42% 42% 42% 43 42% 42% 42% 42% 42% 42 % 1,000 10 Co (F W) 30 % 93 20 ; Woodward Iron 37 % 30% 22 preference Woolworth 38'A 30% 123 Va _1 $4.50 conv pfd series A & Co Inc common 6% 38 *120% 31% Wilson $4.25 *120% *90 % Co_ Wilcox Oil Co_ Wilson-Jones 123% 123% 20 (The S S) Sewing Machine common Willys-Overland *120 par preference—No prior Motor 100 issued" White Dental Mfg 18% 8% 10'A the Week Oct. 20 Oct. 1!) 10% Sales for Friday Thursday t per ' 12% x42% 10'A 18 share 30% Wheeling & Lake Erie Ry 19 30 39% 20 27 2,000 111% *110 32% Feb Oct 68 7.67 % 67 111% 33 Weston Feb 66 % *110 60 32% 20 94 3,500 33 31 % Oct 41 17% 32% 105% Feb 3 17 Va 12'/a 16 Jan 17% 17 81% 22 81 a 106 Va 30% 22% Feb 26% July 15 Oct. 10 *105% PRICES Wednesday $ per t per share 106 Va 39 102% Sep Jan - 106 % 25% 81% Jan Dec - 170 105 % 30% Aug 89% SALE HIGH Tuesday Oct. 17 9% 66% 111 % 12,300 111% * 39% No par 18 32% AND 66 ,*110 66 110% 25% *111 25% 111% 81% Westinghouse Electric com 3.80% preferred series B July - 17% 25 % 111 29 % 23 23% Mar 65% 17 17 25% 38% Jun 3 25% 25 Va 380 *80% 36 11 4,800 29'A 29'/a July 13 31% Oct 23% 23% 39% Dec Aug 39% Oct 23% 23 % 81 Va Westinghouse Air Brake 3 23% 26% 23% 29 Va Western 19 11 7,000 23% 26% 38% 22 15 27 *80% 20 32% Oct 118 86'/a 29% 100 Oct 41% Sep Electric 86% 26% 29% class A_No par Preferred series A 84 13 Union Teleg 86% 27'/a 30 81% 27 30% Oct 14% No par Western Pacific RR com 29% 86 27 110 18 Supply Co 29% 86% 27 16% 9% 9% 10 29% 86 % 25 1 per share 17% Auto 24% July 13 112 9% 29 23 Oct. 16 1 per share 1,500 15 86% 26% Monday 48% Western 25% July 7% May 4% Jun 16% 65% 110% 10 Western 6 19% Jan Dec 111% 106% 7% 2,600 26 29 25 Maryland Ry com 100 non-cum 2nd preferred—100 25 64% Jun 115 Mar 128 1 Jan 26% *111% *105% 16% 65% *109 27% 27 86 % LOW Dec 104 Feb 104% Oct. 14 Nov 33 104% Saturday STOCK YORK 24 20% May 25% 23% 24% EXCHANGE 34% 21% Jun 71 100 preferred 4% % 70% Jun May 100 $ per share 10% Aug 8% 102 pfd 25% *23 24% 26% 27 23% 26% 14% STOCKS Feb Feb Co—,—No par 4%% preferred series B100 preferred series C— 100 West Virginia Coal & Coke—^ _5 West Va Pulp & Paper com__No par Lowest Highest $ per 4 $4.10% Range Since Jan. 1 Highest Year 1919 f per share Coal Co 84.20 Range for Previous Lowest 98% 87 28% Sep 105% Oct 21% 28% 87 15 104% Oct 13 28% 87 27 Jan 53% 28% Jun Dec 8% com__.,2.50 19 108% 5 7% 18% Apr 108 12% 7% Oct 25% Jan 35% *7% Jan 115 104 *20'% 14% preferred___No par Indies Sugar Corp 1 Api Sep 104% 21% 15 22% Sep 14% 107 *21 *14% 5 Oil & Snowdrift Wesson 23 % 5 1 23% Jun 16% Sep 26 30% May 31 88% Sep 25 16,500 21% 18 11% July 13 Jan 24 «/s 21% Dec 6% 23% 21% Nov 84% Dec 3,300 21 % 17% 27% 27 % 21% 24% Jun 27 % 21% Feb Jan 27% 21 % 16% July 28,200 . .21 % 14% 3% 190 13% 21% Jun 14% 78 105'/a 13% ,26 14% 14% xl9% 18% *104 % 13% 14% Waukesha Motor Co__. Inc 18% 105% 13 % 18 24% 3 Tobacco 2,700 18 % 104% 13% 17% 105 26 15% Aug Webster 13% 14% 30 8 104% 13% 25% 12% Jun 11% 17% 18 104% 13% 23% Sep Mills— 17% 104 % 13% 14% 14% Co 7.400 24% 27 22% *25% Knitting 7,000 8% 25% 26% Wayne Pump 50% 8% 14% *25% Wayne 50 8 % 14% 27 23% Washington Gas Light Co—No par 11 28% 50% 8% 14% Warren 8 Jan 29 50 8% 28% 18 27% Jun 17% Mar 16 29 51% 8>A 24% 24% Oct 28 24 29 50% 8% 25% 14 24 % Jan July 13 29 50% 8% 23% 15% Feb No par 3 27'A Jan Dec 11% .? 1,200 29% 50 26% Warren 22% 25% 5 13% 29 % 23 % 6 Jun Jun Foundry & Pipe Petroleum Corp 1,000 13% *25% 38% Feb 14 24% July 18 100 62% 62% 13% 27% 23% 18% 13% 13% 29 51 8% *17% 18 104'% 104% 18 *104% 104% __5 13% 13% 29 47 47% 46% 47% 46% 47% 46%' 47'A 46% 47 Va 45% 46 Va 16.000 22% 22% 22% 22% 22% 22% 22% 23 22% 23% 22% 23 4.900 75 75 75% 75% 76% 77 77 *76 % 77 200 Worthington Pump & Machinery 11% Feb 18% Jun 759% ' 72 Dec Oct 16% July 12 23% Aug 28 Common 69 77 Prior July 18 Sep 22 65 Jun 76 Nov 74 Jan 4 89% Sep 18 68 Feb 89 Dec 79 July 3 91 11 Feb 82 Dec 70 Feb 12% Oct July 26 10% Feb 16 Jun 27 36 8% Oct 89% Apr 16 13 July 11 30% Dec Jun 12% Jan 30% May 16% Jun 39% Jan 36 28% Nov 24% July 17 43% May 29 37% Oct 20 50% Oct 16 53% Oct 6 3 19% Oct 18 19% 8 Jan 13 9% July 13 July 14 36% Oct Jun 14% Jan 11% Jan 20% July 33% Dec Ock 31% Jan 13 70% Apr 3% Jun 27 6% Apr 10% 3% - y Feb 4% "Bid and asked prices; Ex-rights. no sales on 13 14% May 19 this day. No par / series 100 Prior pfd 4%% conv series—100 Wright Aeronautical No par *75 88 88 *87 88 *87 Va 88 88 89 88 *88 90 *87% 89 *88 89 89 89 *88 Wrigley (Wm) Jr (Del) Wyandotte Worsted Co *80 81 81% 81% *82 84 *13% 14 13% 14 14 14 36 Yale preferred 4%% Towne & Mfg Co—: York Corp common No par 5 25 1 convertible preferred 50 Spring & Wire-No par Youngstown Sheet & Tube No par 4%% Young (L A) 36 75% *75 *88% 89% 280 10 600 32% 82% 81% 82 14Va 35% 36 35% 36% 11% 11 11% 11% 11% 42% 42% 42% 42% 34% 33% 33% 34% 35% 51% 51 51 33% 90 89 83% 14% 14 14'/a 14 14 'A 2,000 35% 35% 35% 35% 35% 3512 3,600 *82 43 11% *41 88% 88 11V4 11% 11% 42% 42 42 35% 36% 3C% 37 52 Va 51% 11% '*41 11% 11% 6,000 42% 300 37% 37% 15,100 52 Va 50 3 4 51% 18.300 *41 51% 50% 51% 51% Youngstown Steel Door No par 16% 16% 17% 18 18% 19 19 19% 18% 18% 18% lo% 15,100 14 Zenith Radio Corp 54% 5 55% 4% 57% 5 56% 4% 58% Zonite Products Corp_r No par 1 56 22 56% 4% 57% 5 56% 4% 57% 4% 56% 4% 57% 4% 17,600 4.000 Jin receivership, or petition has been 5 filed for company's reorganization, a Deferred delivery, 5 r Cash sale, s Special sales, wd When distributed, x Ex-dividend, Volume 172 Number 4953 . Commercial . . and Financial The Chronicle (1551) Bond Record New York Stock «» FRIDAY The italic letters in the column headed WEEKLY "Interest Period" Figures after decimal point GOVERNMENT Year 1949 103.28 108.13 103.28 Jan Lowest Dec 108.13 101.30 Jan Sep 108.4 NEW Highest 11 May 111.10 May 1 Treasury Treasury Treasury Treasury Treasury Treasury 1 110.23 Mar Jan 102.31 104.9 Feb 104.9 Feb Mar 104.15 Oct July 103.8 103.8 July 102.19 Apr 101.12 Feb 101.13 Jun 101.7 Feb 103.2 Jan 103.18 25 102.19 Apr 25 Aug 100.18 100.28 Jun 102.30 Feb 100.13 23 100.29 Sep Aug 105.4 Jan 102.14 Apr Dec 103 102.14 Apr l5 Feb~24 102.23 Sep 100.17 Feb 101.3 Jan 101.8 102.18 Feb Jun 101.8 1 102.18 Feb July 17 103.9 100.29 Aug 11 101.18 Feb 101.18 Jan Jan 100.31 July 28 32d of month when 102.20 Oct 103.20 Jun 9 Low AND HIGH Tuesday Oct. l(i High bonds mature. High SALE PRICES Wednesday Oct. 17 Thursday Oct. 18 Low Low High Friday Oct. 19 High Sales for Oct. 20 Low Low High the Week High Bonds ($) 101.26 *101.24 101.26 *101.24 101.26 *101.24 27/8s 1955-1960 101.26 *107.5 107.8 *101.23 *107.4 107.7 *107.3 107.6 *107.2 23/«s 107.5 1951-1954 *101.5 101.7 *107.1 *101.4 101.6 107.4 *107.2 *101.4 101.6 *101.3 101.5 *101.3 101.5 *101.3 101.5 108.19 101.25 *101.23 101.25 107.5 2%s 1956-1959 *108.24 108.27 *108.21 108.24 *108.20 108.23 *108.19 2%s 108.22 1958-1963 *111.2 111.5 *108.18 *111.1 111.4 108.21 *108.16 *111 111.3 *110.31 111.2 *110.30 111.1 *110.28 *113.21 110.30 113.24 *113.20 113.23 *113.19 113.22 *113.19 113.20 2%s 1960-1965 *113.24 113.27 1952-1954 *101.9 101.11 101.10 *101.7 101.9 1956-1958 *103.28 103.30 *101.6 *103.27 103.29 *101.6 101.8 *103.26 103.28 *103.20 103.22 1962-1967 *102.30 103 *103.18 *102.29 103.20 102.31 *103.21 103.23 *102.27 102.29 *102.23 102.25 *102.21 102.23 *102.21 102.23 ; 1963-1968 8 25-year *102.8 *113.23 113.26 *101.9 102.10 101.11 *102.7 *101.8 102.9 101.8 *102.5 102.7 102.3 Jun 1964-1969 *101.19 *102 101.21 *101.18 102.2 *102 101.20 102.2 *101.17 101.19 *101.16 Dec 101.18 1964-1969 *101.13 101.15 *101.15 *101.13 101.15 101.17 *101.16 101.18 *101.12 101.14 *101.11 101.13 *101.9 101.11 *101.10 101.12 *102.1 1965-1970 Jun *101.9 101.11 *101.8 101.10 *101.7 101.9 *101.7 101.9 1966-1971 *101.6 *101.8 101.10 *101.7 101.8 "101.6 101.9 *101.6 101.8 *101.5 101.7 1967-1972 *100.26 *101.4 100.28 *100.26 101.6 *101.5 101.7 log.28 *100.26 100.28 *100.26 100.28 *100.26 100.28 *100.25 100.27 101.8 Sep 1967-1972 *103.24 103.26 *103.23 103.25 *103.21 103.23 *103.12 103.14 Dec 1967-1972 *103.6 *100.26 100.28 *100.26 103.8 *103.10 100.28 *100.26 100.28 *100.26 100.28 1951-1953 *101.12 101.14 *100.26 *101.12 100.28 *100.25 101.14 100.27 *101.12 101.14 *101.12 101.14 1952-1955 *101.11 *101.3 101.5 *101.2 101.13 *101.11 101.4 101.13 *101.1 101.3 *101 101.2 *100.30 101 *100.31 101.1 1954-1956 *103.28 103.31 *103.28 103.31- *103.28 103.31 *103.27 103.30 1956-1959 *102.27 *103.23 103.26 *103.23 103.26 102.27 102.29 *102.26 103.12 102.28 *102.25 *102.19 102.21 ___Jun 1959-1962 *100.27 100.29 *100.26 100.28 *100.25 100.27 *100.23 Dec 100.25 1959-1962 *100.21 *100.26 100.23 100.28 *100.21 *100.25 100.23 100.27 *100.24 100.26 *100.21 100.23 *100.20 100.22 *100.21 100.23 100.17 *100.15 100.17 *100.14 100.16 *100.14 100.16 *100.13 100.15 1951-1953 *100.15 100.17 *100.15 *102.16 102.18 *102.20 102.22 1951-1955 *100.18 100.20 *100.18 100.20 *100.18 100.20 Jun 1952-1954 *100.16 *100.23 100.25 100.18 *100.16 *100.22 100.18 100.24 *100.21 100.23 *100.19 Dec 100.21 1952-1954 *100.26 *100.19 100.28 100.21 *100.26 *100.20 100.22 100.28 *100.25 100.27 *100.23 100.25 *100.22 100.24 *100.22 100.24 1953-1955 & *100.17 100.19 *102.11 102.14 *102.11 102.14 *102.9 102.12 *102.6 102.9 *102.4 *100.1 1950 Bank Reconstruction Dec Monday Oct. 14 the point. a *101.24 Treasury 2s Treasury 2s__. Treasury 2s Treasury 2s Treasury IVis Feb 103.16 the case 1951-1955 International 99.11 more Saturday Low 3s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2s Jan 101.5 BONDS STOCK Treasury 2%S—. Treasury 2Vis Treasury 2Vis Treasury 2Vi5— Treasury 2Vis Treasury 2%s Treasury 2%s Sep" 15 100.29 May~~2 101.23 25 Aug 102.30 each Treasury 2'%s Treasury 2%s Treasury 2 Vis Treasury 2Vis Treasury 2Vis Treasury 2Vis Jan 102.1 YORK EXCHANGE 101.30 Sep 11 108.4 May 1 1 111.10 May 110.23 Mar 102.31 Range Since Jan. 1 Highest Dec in or one LOW Range for Previous Lowest indicate represent Exchange YEARLY - 100.3 102.7 *102.4 *100.1 100.3 102.7 *100.1 100.3 *100.1 100.3 *100.1 100.3 *100.1 100.3 for Development 3s 1972 *102.20 102.28 *102.20 102.28 102.20 *102.20 2s serials of'50 due Feb 15 1953 102.28 *100.16 101 *102.20 *100.16 101 102.28 *100.16 101 *100.16 101 2s serials of '50 due Feb 15 1954 *100.16 *100.12 101 *100.16 100.28 *100.12 101 100.28 *100.12 100.28 *100.12 2s serials of '50 due Feb 15 1955 100.28 *100.12 * 100.8 *100.12 *100.8 100.28 100.24 100.28 *100.8 100.24 *100.8 100.24 *100.8 100.24 *100.8 100.24 — 100.24 102.20 102.29 102.29 2s serials of'50 due Feb 15 1956 *99.12 99.28 *99.12 99.28 *99.12 99.28 *99.12 2s serials of'50 due Feb 15 1957 99.28 *99.12 99.28 *98.16 "99.12 99.16 *98.16 99.16 *98.16 99.16 *98.16 99.16 *98.16 99.16 *98.16 99.16 99 99.28 2s serials of '50 due Feb 15 1958 and asked price. No sales 99 *98 99 *98 99 *98 99 *98 99 *98 *97 98 *97.4 98.4 *97.4 98.4 *97.4 98.4 2s serials of '50 due Feb 15 1960 ♦Bid *98 2s serials of'50 due Feb 15 1959 *97.4 *96.16 98.4 *97.4 97.18 *96.16 98.4 97.16 *96.16 97.16 *96.16 97.16 2s serials of '50 due Feb 15 1961 96.24 Mar 23 *96.16 *95.16 97.16 *96 97 97.16 *96.16 96.16 *96 97 *96 97 *96 97 *96 97 *95.16 96.16 *95.16 96.16 *95.16 96.16 *95.16 96.16 *95.16 96.16 96.24 Mar 23 transacted this 2s serials of '50 due Feb 15 1962 day. a Odd lot transaction, r *95.08 96.08 Registered bond transaction. RANGE FOR WEEK ENDED Friday BONDS Interest Last Period Sale Price New York Stock Exchange Fiiday's Bid Si Asked Low New Transit York OCTOBER 20 Week's Range or 5,000 High City Bonds Friday Range Since Sold BONDS Jan. I No. Low New York Stock Interest Sale Price Week's Range Last Period Exchange or Friday's Bonds Bid & Asked High Low Range Since Sold Jan. 1 Low No. High 1980 -June-Dec High 115% 11512 116 A 108 a 116 32 , 9 June-Dec *71 69% 80 3%s 59 No. series No. 10 June-Dec *71 67 Va 79% 33/4s series No. 11_ June-Dec *71 73 3%s Corporate Stock series series No. 12 _June-Dec *71 77'% 3%s 3 To 3%s Unification Issue— series No. 13 June-Dec *71 33/4s series No. June-Dec 71 71 3%s series No. 15 June-Dec *71 75 series No. 16 June-Dec *71 14 33/4s series 3%s series No. 18 3%s series No. 19.. 33/4s series No. 20. 3'As No. series 17 No. June-Dec *71 72 REctor 2-2300 120 68% . 78 65% 77 64% 75 June-Dec 21 71 *71 *71 67, 76% - .i-;. June-Dec *71'% series No. 22 June-Dec *71'% series No. 23 June-Dec *71 series No. 24 June-Dec 3%s series No. 25 June-Dec 33/4s series No. 26 June-Dec *71 series No. 27 June-Dec 71 1 . *71 33/4s Teletype Exchange 75% 75 June-Dec - ; 33/4s Members New York Stock 77 63% 64% June-Dec 4 3%s Wertheim & Co. 78 78 65 3%s Telephone 78 66 66 Va 33/4s Foreign Securities 63% *71 72 75 70 80 65% 76% 68 72 78% 63% — 75 68 64 77.% 76% 68 74 64% 78 NY 33/4s 1-1693 series No. 28 June-Dec *71 65 78 3%s series No. 29 June-Dec *71 66 78 3%s Broadway, New York series No. 30 June-Dec *71 65 78 Brisbane (City) sinking fund 5s Sinking fund gold 5s 1958 Foreign Government and Agricultural Mortgage Bank (Colombia) — §AGuaranteed sinking fund 6s 1947 Feb-Aug sinking fund 6s 1948 April-Oct Akershus (Kingdom of Norway) 4s 1968—-Mar-Sept §AAntioquia (Dept) collateral 7s A 1945___Jan-July § AExternal sinking fund 7s ser B 1945—Jan-Jufp SAExternal sinking fund 7s ser C 1945__Jan-July SAExternal sinking fund 7s ser D 1945__Jan-July A External sinking fund 7s 1st ser 1957_April-Oc£ AExternal sec sink fd 7s 2nd ser 1957_April-Oct Caldas 30-year 3s Antwerp sink sec f s (City) Australia $ fd 7s bonds 10-year external 3V4s 5s 3%s SABrazil (U S Stamped of) pursuant reduced AExternal to f s Stamped pursuant reduced AExternal to f s Stamped A7s 6V2s to of (Central Ry) to Jan-July A due A External 1957—_April-Ocf A dollar bonds of 95 93% 104 96% 47 88 98% 93% 41 84% 96% 102% 107% 100 100% 101 101 48 98 104% 1 97 104 % 85 85 62% 1 75 8s 1954 (Republic) §A7s assented 39% 101 101% 101 101% external *58% Jan-July s f $ s f bds 7s 1978_Jan-Jufp 39% 39% 33% 7 10 8 May -Nov —April-Oct 13 *35% Feb-Aug Feb-Aug 47% ?5% ARy external sinking fund 6s Jan 1961— Jan-July *47% A6s AExternal A6s A6s assented A 6s fund Feb 6s 1961 1961 fund Sept 47% Jan-July 6s Sept 35% 1961—Mar-Sept 1961 sinking fund 6s assented Feb 1961 Jan sinking assented AExternal 1960 1960 sinking assented AExternal A6s sinking fund 6s assented Mar-Sept 1962 35% 3 54 70 84 1 73 AExternal A6s fund 6s 1963 1963 Financial 61'% 9 17 52% 65 73 85 • 52% 76 ''81 65 35% 28% 36% 51 28% 36% 35% 28'% 38% 46% 50 45% 28 FOREIGN 54 Institutions SECURITIES 67% TRADING MARKETS 71% 70 FIRM 62'% 63% 10 81 1951 Q ARL MARKS & Q O. INC. (interest' April-Ocf (Plan B) — June-Dec June-Dec No. 3 33/4s series No. 4 June-Dec 33/4s series No. 5 June-Dec 33/4s series No. 7 June-Dec 3%s series No. 8 June-Dec June-Dec 76 76 5 1 *72 % 72'% 65% 72 % 72'% *72'% 73'% *72% *71 *71 77 65 % 77 65 % 77 84 65% 83% 75 70% 79% 80 67% 80 FOREIGN SECURITIES SPECIALISTS 50 Broad St., New York 4, N. Y. V Telephone HAnover 2-0050 49% 37% 39 (interest June-Dec 37% Teletype NY 1-971 40 28% 35 % 90 61% — 51% 49 % 35% 86 For 37'% 38 36% 47 % *47% 35% 40% 49% 36% *35% Map-Nov 60 28% *47% —Map-Nov 1962 sinking assented 101% 35 28 % 47'% *47% 35% April-Ocf April-Oct 103 36% *35% Aprii-Oct AExternal 101 58 — 39% 40% 102%. 1.07% 100 % *47% 1942—-May-iyou 1942 17 101 — VaKDept of) 30-yr 3s SAChile 39% 105% 105% 101 Mar-Sept 1975— (City) 39% 105'% Mar-Sept -Jan-July 91% 62% 84 — 1961 116% 11 *109'% 110 — f $ bonds 1978_ J an-July s 3%s of) 1974 108'% 105 61 April-Ocf 1 93% 105 4 2 27 97% 84 No. page 87 61% No. see 44 83'% series footnotes 96 60% series ""or 97% 83"% 3%s series 98% 87% 60% 3%s 3%s 87 1957—April-Ocf 1979 1944 100% Feb-Aug (interest 1979 A Mar-Sept (interest 1978 3.375%) 96 9 24 95 % 95 123 96% 94% June-Dec due 40% 104% 94 % (interest 1979 funding bonds of 1931 due Stamped pursuant to Plan A to June-Dec 101% 102% 8 95% 94% April Oct 5% reduced 102% June-Dec 1941_ Plan 55% 98 June-Dec to 46% 33% 1952 3.5%) 1 41 Feb-Aug Jan-July 8s Plan 55% 98% 1955 1927 to 55 3 46'% 98 1955 Plan 3.375%) Stamped pursuant reduced to 55% 47 1 98 June-Dec Feb-Aug Plan 46'% 9 58 1955 1926 10 55% 55% 40 1978 3.375%) pursuant reduced to of 55% 55% 39 June-Dec 3.5%) 6%s 55 53% 39% 1958 external 46% 46'% — 54% 55% June-Dec sinking fund 7s 55 55% June-Dec 6s Cauca 55 % — 20-year 3Vis 1966_: 15-year 3%s 1962 Belgium (Kingdom of) 55 ACarlsbad 54% 55% 1967 External 55 % 97% % 1957_April-Oct 1957 3>%s 55 2%s 2%s 71% 46 30-yr 3s (Dominion 25-year 25-year 85% 94 *54 % *54% 76% 79 Jan-July 5s 1956 10-year ser 1978 (Commonwealth) 20-year 3rd 75 *60 *89 (Dept of) Canada *60 ^Guaranteed AExternal 1957 Municipal 37 23 24 The Commercial and Financial Chronicle (1552) . . Monday, October 23, 1950 . NEW YORK BOND RECORD RANGE Friday Interest East Period BONDS Sale Price New York Stock Exchange or Fiiday's Eid & Asked A Chile 2-3s 1993—June-Dec "47% June-Dec 35% AprZZ-Oct assented "47% Aprll-Oct A6a 1928 of Oct 1927 May-Nov June-Dec f dollar 50% 49 15 47% 43 % 47% 53 48% 48% 78 % 1 67 90 62 87 19% 33% 75 75 6 32 32 33 19 108Va 108% 108% 39 % 39% 33% part paid A6a part 55 45 55 114 Jan-Juue —Feb-Aug Free State April-Oct bonds Jan 1976 1 93:,4 92% 30% 85 93% 8 92% 92% 24 79% 80 Va 82 66 70 101 % 97% 92 % Italian I960 fund 5s extl s f l-3s 1977 __Jaw-July Italian Credit Consortium for Public Works 1% to 3% 1977 Jan-July |A7a aeries Italian B Public 1947 A External 7s 1% to 3% 1977— AMedellin Jan-July June-Dec (State Mtge Bank) 7s 1957 0%s 1954 f $ bonds 1978 a (1942 10 62% 75 103 |A4s of assented 1910 ment) due 1954 (1942 agree't) (assented to ; agreement) new 1963—Jan-July _ 1913 _ (assented to ASecured assented (1942 (State) Stamped agree't) to pursuant A Plan A . « ■ ext to 1994 Plan American Telephone debentures 1980 Feb-Auy 351/a 2%s deductions 1975 ApriZ-Oct 53 62 2%s debentures 51 71 2%s convertible debentures 16% 2%s debentures 1982 46% 55% 27/ss debentures 1987 34% 40 Va 2%s debentures 60% "11% 5 61 7% 14% 55 55% 3 39% 39% 39 5% 8% s f 6s 1st 7s 1959 series 10' 14 "13 11 15% 14% 9% 14% 14 13% 9% 7% 8 % 12% 12% 12% 10 8% 12% 11'% 12 45 7% 12% 8% "16 56% 18 12 16 16% 15 55% 56 % 3 Coast 35% 36% 11 33 48 1966 April-Oct 36% — 38% 49 36% 6 99 99:% 12 32 37% 96% 89% 7 95% 13 94 5 86% 100 93 Va 95% 95% 94 Va 94 95 93 Va 1 88% 99 95% 96 5 94% 99% 92 88 April-Oci May-Nov 1963 consol 4%s A .May-No* 4s 93 3 83 100 104 88% 99% 103 48 to external "35% 30% "6% 7 105 44 48 48 31 37% 31 49 38 22% 31 8% — 7 1 "12 7% Jan-July "8% Jan-Julv 6%s to "6% 8% 5% 8% 14 7% 15 7% ~1 5 6% 5 15% 9 10 9% Plan Jan-July external loan 1921 to A 8s pursuant to For footnotes 55 55 "39% "34% April-Oct 37% 40% 38 32 38 55 48 55% 33% Plan A 98'/a 99% 46 97% 100% 100 % 39 99 101,% 35 95 96 98 108 % 254 105% 115% 93% 23 97% 100% 1 100% 103 % 109% 111% 680 108'A 121% 106 % 106% 37 105% 106% 120% 119% 121% 195 115% 130% 100 100 100% 30 99% 101% 102 110% — 102 102% 103 __ 103% 3c 101% 104'/2 103% 103% 72 103 105% "86 __ 90 __ 86% 76 % 87 90 80 90 196% 126% 127% 36 126 131% 120 120 120 % 10 119 V* 121% "103 103% 102% 104% A ser 102 Va 104'/a 101 % 108 102% 105% 100% 102% 1980 Refining 2%s debentures __ 25 Mar-Sept 1966 "105 105 % 101 __ Jan-Julj 101 % 11 Ohio RR— 1% and 3% contingent G K due March 1 2000 .Mar-Sept Series M due March 1 1996 35 31% 37% 1926 to due Plan A Dec general due J convertible A4%s Pittsburgh B'western Like div lien first and ref 2001 27 A 95 84% 99 73 73 74% im 55 73% 73% 74% 42 55 76 72% 74% 51 54% 75% 48 65 Va 86% 515 43 Va 63'/a 92 76% 81% 81% 82% —May 62 % 61% 63 May-Nov 90 90 90 Va 15 81 1980_Jan-July 84 83% 85 55 64% 86% 1985_Jan-JuZy 83% 83% 83% 1 72 84 Jan-July 96% 95 96 % 53 118% 118 % 7 Virginia— 1980 5% ser conting int) M A series 4s D Bangor & Aroostook RR— 1st mtge Beech Bell 4%s conv Creek Telephone of Bethlehem Steel Pa mortgage Consol mortgage 5s 3%s 2%s April-Oct 1960 series 3s Jan-July 100% 98 Va 1 98 Va 99% 47 100% 102'/a 100 % 102 103% 105 Va May-Not "101 Jan-July 1979 K mortgage series 5s AC mortgage "104% 105 "82 Mar-Sept 1967—: May-Nov April-Oct mortgage 4s series RR 1960 Jan-July mortgage 4%s series A July 1970—May-vou AInc 101% "75% 84 II 1955 ABreda (Ernesto) Co 7s 1954 Union Gas Brooklyn General mortgage mortgage 3s 4s 1976 1969—Mar-Sept Jan-July 1980 77 79 29 57% 57% 58 73 2%s Rochester 69 % 77% 80 "103 58% 59 103% — 105 V* 102 105% 104 2 99% 100 25 99% 102% 12 100% 103% 104 93 % 44 59 Jan-July Niagara filec first mtge 102% 77% 77 April-Oct 1968 debentures 2%s 102 79% Feb-Aug Bristoi-Myers Co 3s debentures 83 75 "102% series 5s mortgage 4%s series JJ 1961 First 122% RR— Maine First First 96% 100% 118 100% 101% 98'/a 1961_Mai/-Nov debs 94% 100 April-Oct 2%s series I 1970^ 2%s series J 1976 First 1st 1951 series C Loan mortgage & ...... first Corp— Consol Consol 1976 Extension __ 103% 101 % 101 % Ry— Terminal Consolidated Bush & modified Stamped Co 4%s 1975_May-Nov May-Nov 1957 4s 1952 Buildings T 5s 72 % 73: "102 ..April-Oct 1955- 5s Terminal Pittsburgh first gtd 1960 99% Jan-Juiy 104 AprjZ-Oc- 73% 27 99 % 105 61 76% 101% 102'% 12 97 4 104 102% 100 106 Va C California Electric Power first 3s 1976 Oregon Power 3V8S 1974 Canada Southern consol gtd 5s A 1962 48 38% 46% 43% 35 35 30% 48% 55% Canadian 39% 40% 33% 42% 103 "104% May-Nov __ 105 103% 102% June-Dei 105 100 104% 111% 116% Capital Airlines, Inc— Canadian National 50% gold 4%s 1957 Guaranteed gold 4%s 1955 Guaranteed gold 4%s 1956 June-Dee 38% Guaranteed Pacific conv 56% 41 34 41% 56% 47 61% 57 68 "— 80 May-Nov "54% 67% debs 4s conv Carthage (interest First uelanese stock (perpetual) series B & Oho 1960 4s 1965 & Adirondack Rv— guaranteed 4s 1981 3s debentures 1965 Corp % 103% 110 29 2 109% 114'/a 114 109% 110% 19 109 102 Va 102'/a 109% 18 102 Jan-July 104 Va 104% 95 97'% 19 74 93 83 107 104 Mar-Sept 1960 A inc debs mortgage 10 111% 112% A 105 Ry— Clinchfield Carolina Feb-Aug 4%s 1951 debenture series 4s "39% gold Jan-July 112% Mar-Sept A June-Dec 103% 103% April-Oct Ry— Guaranteed 4% May-Nov Plan 82 38 June-Dec 2010 I West mortgage "44 May-Nov 1952 29 97% division 61% April-Oct 1952 to June-Den 199t 1 & series A Cincinnati First 1995 income Fet Erie fixed & 1 % % (3%% Toledo 1 Dec 54 (interest June-Dec 94 96% mortgage P% (2%% contingent 'nterest) — 3%% and 57% June-Dec 1966 2004 page 57% 93% 97% Mar-Sept and due 93% interest) — 50 (interest June-Dec 2.375%) see 107 99'% 41% 42% — (interest stamped pursuant to Plan (interest reduced to 2.25%) 2004 (City) "36% "47 April-Oct 1067 6%s 95% 100 V* 88 64 26 California 1946 Plan to of 98Ta 100 98 100 98'% 104% 105 (interest 1999 2.25%) (City of) — A Feb-Aug A 2012_ pursuant 105 .97 % 101 102% 102% Series Bush Feb-Auo Plan sinking fund gold 1968 to "37% (State of)— pursuant 99 % 1()0 901/4 90 104% Buffalo A 2012 reduced to 2%) "100 89% 98 10? % Buffalo 1953 to 2.5% ) 97 84 991% June-Dec ...... Series Boston April-Oct 1947—April-Oct April-Oct Stamped pursuant 1041/4 74 84 1952__Mnr-Sept July 1964 mortgage 4s series A July 1975 April-Oct First mortgage 5% series B (4 % fixed 99% 100 92 Apn'Z-Oct pursuant !A8a external loan of 107 102V4 Fe— First 102% 100 95 April-Oct 'interest reduced to 2.25%) 2006 Jan-July lARlo de Janeiro (City of) 8s 1946 April-Oct Stamped pursuant to Plan. A (interest reduced to 2.375% ) 2001 Nlo Grande do Sul !04% 104% __ Air Line Ry— 3%s Refunding 4s Mar-Sept Mar-Sept sinking fund gold 8s 1950 reduced April-Ocl Quar-Jan 1995 l first unified Series 32 Stamped 1962__Aprii-Oct 1995 4s fixed 31% reduced 3s —! Santa & Charlotte Atlantic June-Dec July 1995- mortgage 4%s-4s Ref 22'/a Stamped debenture 4s 5s Topeka & mortgage Gen 16% 22 Stamped Co Products Co General 61% 41 Paulo first 1959 feb-Aug 1969 gold 16% 11% 47 Alegre A Rome Tobacco debentures 98 L.June-Dec June-Dec 7Ta 104V4 — 100 __ 98% June-Dec 4% 105 % "80 __ 107% 1957- 10 7 6 "102% __ June-Dec contingent interest) July 1975_April-Oct Refunding and general mortgage 5% (2% 48 2%) 80i/2 B 32 to 77'/4 "105 __ ..April-Oct 1971 Arbor Baltimore & 31% pursuant 96 4 8% 30% secured 86 % 10 5% 37 30% (City of) — U 1$61 stamped pursuant to Plan (interest reduced to 2.375%) 2001 ASao 3s Atlantic "13% 1967—Mar-Sept A4%s assented 1963 *■ debentures Stamped 4s July 31% reduced 18 "104% __ 95% 1961 debentures convertible Atlanta (interest 2008 A4%s assented 1968 ATs convertible Atchison 31% stamped 93 COMPANIES Jan-July 1973 Ann June-Dec reduced 1986 3%s debentures . 2%s Mar-Sept A lAStabilizatlon loan sink fund 7s AGs June-Dec 62 June-Dec 7s 1947 to 2.125%) extl Stamped 1966 41% April-Oct A External Mar-Sept 29% 1960 1966 1956 3%s s f debs 1964__May-Nov Power deb 5s 2030—_Mar-3ept & Telegraph Co— Beneficial Industrial A^?„assented 1958 Porto April-Ocl 49% s 1 6s 2nd series 1961 (Republic of) gold 6s 1940 A External 1998 92 1959—_Mar-Sept l0an extl , 4s 35% May-Nov *i?JRepublic of) external •APoland gtd 35 % (interest External secured ref 3%s series B reduced to 92% 81% 6 —. INDUSTRIAL & Foreign Mar-Sept • 1963 lAPernambuco (State of) . 1st __ , Bosch Corp (interest Panama ANat loan AND American Mar-Sept reduced to 2.125%) 2008 Mar-Sept (Kingdom) 334s 1957 May-Nov Norway (Kingdom of) 4%s 1956_ Mar-Sept External sinking fund 4Vis 1965 April-Oct 4a sinking fund external loan 1963 Feb-Aug JV4a sinking fund external 1957 ApriZ-Oct Ifunlcipal Bank extl sink fund 5s 1970—June-Dec Orio (City) sinking fund 4%s 1955 April-Oct Stamped pursuant 86 15 11.% Feb-Aug American and ApnZ-Oct Plan to 5s 18 92 "8 Feb-Aug 1958— 41% Netherlands (Republic) — AStamped assented Stamped mod 3 Vis 94 44 91 77% 28% — sinking fund 6%s 1958 reduced to 2.125%) 2008 A8ecured extl sinking fund 6%s Stamped __ 77% 31 1963—JAn-JuZy 1952 pursuant 82% 93% 90% 91 j. 35% 16 etl 139% 142 91 92% __ Jan-July 1984 Southern 3%s 1967— May-Nov first mortgage 3%s 1972_Jan-July Susquehanna RR 4%s 1975 April-Oct it fixed Mlnas Geraes 134V4 142 — "140 96 34% Jan-July 6%s 97 150 93% 37% 1922 1933 (City of) 9 90 150 96 agree¬ ASmall A Milan 14 Va 14 4% 10 — Feb-Aug 35% ASmall A6s 1978 48 11% 1968—Jan-July 1922 (1942 agree't) ASmall 7 7 95 "134% __ May-Nov 30% __ JATreasury 6s of 66 13 8 14% 7 7 13% "93 % — May-Nov Jan-July assented 13% "150 __ 1978—June-Dec 70 June-Dec 1945 new 73 to ASmall A4s 1979— 1979 38 % IIIIII' III III 59 8 __ May-Nov 37% "13% agreement) new May-Nov Allis-Chalmers Mfg 2s debentures American Airlines 3s debentures "I assented 85 59 — RAILROAD First 1904 1937) readjustment Alleghany & Western 75 assented General ASmall 72 12% Power 100% Large 73% 72 13% „ Feb-Auy Great Alabama Albany 75 1963—Jan-July 58 "9 13% — Jan-July Valley (Dept of) (City) external 7s 1958 3 8% ~ (1942 agree't) 85 % 58 59 __ May-Nov June-Dec conversion readjustment 11% 1945—Quar-Jan ; 73% 80 Cauca A P W agreem't) 62'% Cauca 13% Quar-Jan (1922 ASmall (1922 external Del 6% ALarge A4a 3%s Valle external 6% Large A4s of 4-4%-4%s 7 9% — A 6s new assented A readjustment conversion 3%-4%-4/#s external n% 1968__Jan-July ASmall |A5s assented 62 80 72 59 June-Dec (dollar bond of 3%-4-4%s 11V* 13 __ (Republic of) 88 58 __ May-Nov 1962 1958 7s Sydney County Council 3%s 1957 lAUruguay (Republic) external 8s 1946 AExternal sinking fund 6s 1960 AExternal sinking fund 6s 1964 American agreem't) 77 87 "58% , __ April-OcZ 1958 A4%s 1943—May-Nov 1968 62% 85 " Jan-July 1962 external 3%s I ASs of 1899 due 1945 A assented AWarsaw 8% 397/b 69 4 __ 2004—Jan-July 1968 external Alabama 61 65 55 9% June-Dec ...Jan-July «A4%s assented (1922 agreement) A4%s small 1943 Mexico A4%s of) 80 Mexican Irrigation— A Small loan B secured (Prov 64 I ANew assented series 49 % "8% ApriZ-Oct (Colombia) SO-year 3a 2.25%) to external secured A76 55% Jan-July Altaly (Kingdom of) 7s 1951 A Jugoslavia A8s ASllesia 73% Mar-Sept 1952 54% "58 % __ Jan-July Mar-Sept pursuant to Plan A (Interest reduced to 2%) 2012 Serbs Croats & Slovenes (Kingdom) — 64 Utility- Credit Institute 75% 57 Plan A dollar external 80 I960—May-Nov (Republic) High 68 "53% „ Jan-July 2%s sink Jan. 1 Low No. Stamped See "53 Feb-Aug ApriZ-Oct Range Since 72 __ Jan-July • "75 —Jan-July Sold (interest 1956 to reduced "60% Jan-July Jan-July Jan-July May -Nov external 6%s extl 1999 loan pursuant (Interest — 1964 (City) water external Stamped External 93 % Bonds A _ External "51 April-Ocl paid 1968 Helaingfora Plan to pursuant to Plan A reduced to 2.5% ) 1999 40% 108 4 Government— A 7s Irish 40"% pursuant 1950 external A7s High __ May-Nov (Interest reduced to 2.5%) to I%s extl 6 f dollar bonds Jan 1 1976_ ta extl a f dollar bonds Jan 1 1976 AXatonla (Republic of) 7a 1967! Greek 90 78% Jan-July (interest reduced gold 5%s 1955 a 79% Friday's — stamped — assented External gold 4%s 1962 XI Salvador (Republic of) extl 92 "40 May-Boy 8% ) extended to 1960 fADenmark 20-year external 6s 1942 4a 90 "40 June-Dec 30-year 3s sinking fund $ bonds 1978 External 78% 2012 Stamped 7 of)— Chechoslovakia (State) Stamped 3% "40 May-Nov Feb-Aug 4%s external 1977 (Dept 22 (State of) 1936 A 8s 38 94 48 Va 1970___ApnZ-Oct April-Oct fASinklng fund 7s of 1926 due 1946 lASinking fund 7s of 1927 due 1947 Copenhagen (City) 5s 1952 26-year gold 4%s 1953 ACosta Rica (Republic of) 7s 1951 (Republic of) 28% 8s 37% 51 1 7 "87 Jan-July 1961 Sa ext alnking fund dollar bonds Cuba 28% 39 "87 April-Ocl IAColombla Mortgage Bank 6%s 1947 Cundlnamarca "2 San Paulo to 2%) — 1961 Jan 50 35% 6 Va or Bid & Asked (City) reduced A6s (Republic of) of June-Dec 1951 5a 38 35 V* 35% 35 V* Sale Price continued— ^(JVaS extl secured sinking fund 1957—_May-Nov Stamped pursuant to Plan A (interest 49 Va 28% 36% "47% Mar-Sept (Hukuang Ry) Colombia A 6s May-Boy Mar-Sept 48 35% 39 2 55 Last Period Low 37% 28% 2 35% "47% 1962 1960 50% 37% 35% 35% May-Nov 1962 6s Municipal 7s 1960 assented A Chinese 1961 1961 38% ' Week's Range Interest Exchange High 40 "35% June-Dec AGuaranteed sinking fund 6s A 7a Low 28% "47% 1961 AGuaranteed sinking fund AChllean Consol New York Stock 26% 139 35 % 33% June-Dec 1957 A8Inking fund 6%s 1961 A6s assented 3514 June-Dec Mortgage Bank 6 Via A6Mis assented 1957 A6s No. High BONDS Range Since Jan. 1 Sold San Paulo fund dollar bonds 6%s assented OCTOBER 20 Friday Bonds cont (Republic) Extl sink WEEK ENDED Week's Range Low Chile FOR 03 92 Mar-Sept 104 101 Mar-Sepr 105 %| 03 105% 105% 105% June-Dec "59% April-CW 10-,% 103% 69 30 3 105 Va 58 103 106% 108 68 104% Volume 172 Number 4553 . . The Commercial and Financial Chronicle . (1553) 25 NEW YORK BOND RECORD RANGE FOR WEEK ENDED OCTOBER 20 Friday BONDS New York Stock Interest Week's Range Last Period Sale Price Exchange or Friday's Low Celotex Corp 3 Vis 3 Vis debentures debentures (1947 I^Centrai Branch Central oi First U P Georgia issuei first Feb-Aup Feb-Aup 1960 gold 4s 1948— June-Dec A 1995 Jan-July — AGen mortgage 4Vis series A Jar) AGen mortgage 4Vis series B Jan Central RR Co General Central York 3Vis and 3s goid Refund Refund R & 3 Vis series 4Vis Second No. Low New York Stock 101% 101% 83 Feb-Aup _Feb-Aug 1965_„Jan-July 3s New 62 64 59% : 57% bu°,4 168 39 60% 54 53'/4 54% 201 40% 55 103 V2 103% 6 103% first series consol consolidated 105% 104 104% 102 103% 6 124 100 129 101 % 101% 101 % 100 1973—June-Dec 104'% 105 8 103% 114% 114 '/a 1 114 120% 112 114 114% '*110 — General 4s 1958 Afar-Sept. 1977—Feb-Aug 1985—Feb-Aug 1970—Feb-Aup and relunding 4'/is series B refunding mortgage 3 Vis First and refunding mortgage 2%s 1st & ref mtge 3s 1990 Chicago & Eastern 111 AGeneral First 3%s series 5s 1997— B April May-Nov 1985 1982 4s Denver 4Vis mortgage A 1988_.Jan-July 4s First North & Pacific A series Western mortgage 3s 2%s & Chicago St L & New First and Income Chicago B 1st Haute refunding mortgage First First 1% 1989 5s & 4s 1994 27/8s Union F mtge & Fuel 23/4s Investing Co Cleveland gold Genera] 5s 4s D Louis B Wab & Division Cleveland Cleveland — 1962 St 64 63% 2 Union 64 3 4 98% E 1st 4s trust 3s First, mortgage 5s First mortgage 4'/2s & series (stamped Colorado fuel B 1977—Jan-July 1991. Jan-July . Ry- & Iron mortgage . Jan-July Columbus & South Columbus & Toledo Commonwealth B Edison Conn Ry & Lt Conn River 1st Pwr Consolidated 4s Consolidated ref Corp Edison 4'/2s of 3'/4s New —^. 1951 mtge 23/4s ser A refund mtge 25/8s ser B First and refund First and refund mtge 3s debentures convertible General Gas ref Co mortgage Consolidated 1st Gas M 2%s 1st ref 1st ref M M Lt ser Q 27/8s 102 103% 20 87 72 10 first Baking Northern Ry . 82'A General Goodrich 1968 2%s 1st mtge RR first 110'/a 110% 100% 70 103'A § A Deposit gold 1952 series receipts B 92 20 88 'A 8 •__/ — 88% Dayton Deere Union Ry & Delaware py> & Lt mortgage Co & first 3s 3 mtge 23/4s 92 89'A 98% 1978 3 %s series B 76 debentures otnotes see 4s 100'/a A Debenture 75% Greyhound 66% Gulf paee 27 1961 80 88% 107% General 106 107% & First and 109% 109% 2 109'A 109% 106% 83 102'% 102% 62'A 100'A 77 4G *99 % 81 63 97'A 98'A 92% 94 % 32 81 94% 94'% 94% 2 80 94'/a 98'A 98 "4 '100 May-Nov 1969 100 100 103 103% 103 78% 103 78% 23 102% 104% 8 79% 101% 103 124 79% 59 78'A 60 *103'A 104 Mar-Sept 23/4s 93 * 196f%May-Nov 1952 Jan-July Jan-July 103% Jan -July 1976 series N 1990 3s Ohio 102% 104 11 94 88% 122 103 103% 103% 17 103% 107% 128'A 128'A 6 125% 129 122 3 118 96 102'A 95% 102 y» 122 B Feb debentures 1959 94 3%s mortgage 21 April-Oct 1968— 90% 96 87% 2 79 95 16 94 97% 80 67 75 19% 21 63 * 3 7% 21% 102 104 103% 103% 103'% *103% 105 3s *83 84 106 74 85% 102 % 102% 26 100 103% 69% 40 61 74'A 99 100 "a 104% 104% 69 Jan-July 1st mtge 1978 — *_. 102 May-Nov 1976 *99 100 ApriZ-Oct 1.969 2%s mortgage 8 85 94 *75 Jan-July inc 5s series/ A July 2015 April refunding 3%s series D 1969—April-Oct mtge inc 4s series B Jan 2044__—April trust 94 125 85 94% refunding 4s series B 1975 Collateral 95 101% 101 % 101"% RR— *104% — __ Jan-July 1979 2%s 104 June-Dec 1980 __ 105 102 102 June-Dec 78 H 101 % 102% 102% 102 102% ■ 102'/a . 106% 106% 6 -V' 107% 107% 105 'A 105'.8 29 104% Water Hocking Valley Household Ry first mtge 2%s first 4%s 1999 Finance Hudson Coal first Corp 2%s sink fund 1976_ _Jan-July 1970 5s Mar-Sept 99 126% .Jan-July 99 99 5 126 % 126% 15 *99% 100% 98% 119 109% 118'A 99% 101V. 88% 1 )J% 107% 106% ■ 108% Hudson & Manhattan first 5s AAdJusted income 5s Feb 105% 104% __ *104Va ',... 98% 6 100% 100% 99% J 7 103% 102% , 8 104% 98 100% 102% 100% 103% 12 103% 106'/a 105% 105% 25 105 106% 115% 116% 366 110 140 *107% 108 Va 11107 % — Bell Telephone 104 104''4 104% 104% 104 11103 104% 10 1104 105 11103% 106% 1103% 106'/a 104% 105 8 103% *108 103% ' . — 101'/8 104 102 % 106 102'A 103'A 9 100 *52% f- 7 47% 31 81 • — 103% 100 • 38% *87 % 102% 92% 54'A 38 124 5 33 103% *99 • 1106% 101 Va 101'/a 103 ~ 50% 39% 89'A 29 29 % 44 23'A 3 2'/, 38 % 38% 5 30 '/a 38 % 33% 35% *37 39 — 105% 105% June-Dec 3 100 % — 95% • 102 % 96 '/4 73% 74 141 63 42% 42'A 45 383 27 14 'A '15 % 103% series A B 1981_Jan-July 100% 100% 101% 38 June-Dec 1978 *__ — May-Nov *105 mortgage 5%-33/4s series B 1979__May-Nov mortgage 3%s series C 1974—May-Nov First gold First gold Extended Collateral 3%s first gold 5s 4%s 108 108'A 102 105 100% 101% *100 100% 101 100 '12 100 i! lOOil 101 1952 102 % 102% May-Nov 1952 Bridge gold 4s Div Louisville Div first 1950 gold & Term Division 95% and Illinois Central and Chicago first refund 5s series First and First refund Illinois Terminal Ry 4s 1963 June-Dec series C 1963_June-Dec series D 4s 102% 104 103'A 106 101% 102% ' 17 103% 105% 4 105% 103 136 __ 15 *102% 97 88 A 101% 100 A 100% 100 102% 102% *100,', 101% 100'A 101% *100% 100'/a 101 100 33 ~2 101% 101 % 100 si 1 lOOKil *100 *101 — 100 SB 101% 100% A 100 101% 102%. 101% 102 y4 101% 106% •/» St L & N O— Joint mortgage 1 17 . 95% 94 %. 100 A 100 A 3s 1951 gold 3s 1951 refunding 4'As 104% 104% *100% gold Term 1 106% 106% Jan-July Jan-July Feb-Aup Jan-July Gold 3%s 1951 Jan-July Springfield Division first gold 3'/2s 1951_Jan-July Western Lines first gold 4s 1951 ___Feb-Aup Registered Feb-Aup St Louis Div *101% 102 June-Dec 1951 3s gold 3%s 1953 first 104'A Feb-Aug 1953 4s 1966 A 103'A 104% Jan-July May-Nov May-Nov 1955 Litchfield 106 April-Oct April-Oct 1951 4s 3%s trust gold 106% 104 *105 1955 lines 1*3% 106 *100% 1951 trust 100'/a Jan-July Jan-July gold 3%s Refunding Omaha A 1979 1951 4s Refunding 4s Purchased ser 106% 1963_June-Dec A series A 1970 105% 105% 106 86 103 102% 103 Indianapolis Union Ry Co— Refunding and imp 2'As series C 1986__June-Dec 98% 98% 8 92% 98% 98'A Jan-July c: 98 98'A 1 96 99% *93 100% 93 103 96 ^International Great Northern RR— 6s series Adjustments Inter Rys 5s 6s series gold 5s A 1952 series B -Jan-July A Central America C 1956 1st 5s B 98% April-Oct 46 'A 45% Jan-July Jan-July July 1952 1956 series > 90% 98% 94% 93'A 94% 20 75 95'A 94 % 93'A 94% 10 75 95% 96% 96'A 1 93 79 81 1972__May-Nov 99% 47 30 81% 141 32% <7% 100 — 106% 106% 101 101 101% 104% ' 102 >/4 74 Consol AFirst 101 98% mortgage 4%-33/4s Cairo 1 *103 97% Consol Collateral 110% 2%s First mortgage 3s series Illinois Central RR— Debenture 104 98% .Feb-Aug 1957 1957 June-Dec I Illinois Consol 100% 98% 105 Va 102 — 101% 102 % 3 *102% 104% 100 100% 100 103 Va 1962 105'A 99% 6 A A April-Oct ser 107 103% 99% 100 102% 76 76% 92% mtge General — ApriZ-Oct 105% 111 First and 100% 101 1963 152 106'A June-Dec 1973. D certificates Corp Mobile 105 __ *.._ 1965 extended 150% 104 5 6 77% *101% ... 2%s Hudson % — *104 24 30 — 8 *__ 1965 111 110 *150% 99% mortgage 101 107% no9 98% debentures 1975-Aprll-Oct 101 98% 57 96% Jan-July A 99'A 98% 59'A 100 ——-June-Dec 1978 series 6 Jan-July 1st 29 104 mortgage 3%s series O 2000____Jan-july General mortgage 2%s series P 1982 Jan-July General mortgage 2%s series Q 2010 Jan-July General mortgage 2Vis series R 1961—Jan-July AGreen Bay & West debenture ctis A_—. Feb 3s 38 101 100% 99% 100 General AFirst Power B C series First deposit deceipts 1946 June-Dec deposit receipts 1946 —June-Dec mortgage series series 108 June-Dec 99% 11 2 Jan-July Jan-July 1959 mtge mortgage 3%s General 99 A First 5%s 102 75 — first 5s 83% 1 D First 4%s debentures Co 4%s AFirst Dayton debs 3s first General 108% 103% 5 20 Ry Co— 106% Jan-July Jan-July §A7%s series A §A6s series mortgage General 96 99% 99 a F) 105% June-Dec 5s 2s Rubber income (B General — 101 % 107% 108 1966 May-Nov 1942 SADeposit receipts ACuba series Gulf States Utilities 2%s -ApriZ-Oct 96% 92% 93'A Realty & Utilities Corp— conv 105% 1975—_Mar-Sepf 1965—Jan-JuZy 3 %s 5'As 3%s first <fc _ .— *98% __ 73 106% 102'A April-Oct . Coast Great Northern — 106% April-Oct 93% 5 109% 110'A refunding 5s series A 1974_.Mar-Sepf A Certificates of deposit Mar-Sept Francisco Sugar collateral trust 6s 1956__May-Nov 5 ...May-Nov 76 67% ApriZ-Oct and 104'A 88% .—..Jan-July . .-. first Tire East 3 ....April-Oct debentures Crucible Steel Co of Am SACuba Firestone 106 105'A 105%'' . 120% 68 F 101% 3 116 101% 110 2 Co— 107% 108 ...Jan-July mtge 3s 1965 5s General 6 61 April-Oct 1962 Power Continental first stamped 1965 103% 105% .June-Dec 101 134 76 99% 99% 100% 102 April-Oct 103% 101% 72% 65 % 1979_J«n-july Power (Bajti 1981 1979 100 % City- Consolidated Natural Gas 2%s Consumers E 103% 104% 104% 93 % 1971_Mar-Sept 98'A 2 . 1963 1976 U 104% 99 % 3 Vis 71% May-Nov 93% 108 Va 100% 113% 114% 100% Divlsiou 65 100 87% 104% 1 *100% 101% 113% Feb-Aup 1977 Southwestern 105'/* 1982 .Mar-Sept 1977.April-Oct 1972—June-Dec 1981— T ser ser debs May-Nov Ohio 70 .. 4 33 104 *101 77% 92% 100% 100% 104 103 1976 R 92% 105% 105'A 105% & Railroad 101% *100 1954 & & 11 Jan-July 1972 series Bait 4'/2s ser 2%s conv of El 23/4s 1st ref M 2'As C refunding 3s series D Consolidated 1961 92 87 — 1 York— refund and 83% 1953_Mar-Sept 70 April-Ocf and ser 99'A 65 106% 1961... Peo-Aug a and 3s Paso 101% / 1965 2%s Va Hackensack First mtge 4%s O. 3%s 95% 45 "10 H 65 '/8 ...June-Dec First First El 103% 88 3 ....April-Oct fund 20 80'A 76 mortgage 92 1964—April-Oci 1999 and 99% June-Dec consol ■ Co- sink Cigai 1995 First 99 .. debentures 2%s 107% May-Nov trust 99 June-Dec 2%s 105 80 Georgia div first 5s 1956_May-Nov (N Y) first cons gold 5s 1995_Jan-July Elgin Joliet & Eastern Ry 3'As 1970 Mar-Sept 100% ..June-Dec mortgage 3s series L 1977 —.Feb-Aug First mortgage 3s series N 1978... .June-Dec 3s'' sinking- fund debentures (1999 ....... April-Oct 1 Mar-Sept. June-Dec 4s 66 50'A First s 1985 1958 gold 2000 *99% 100% —..Feb-Aup Elec 3'/4s 1970—May-Sept external 4s 1955. Peu-Aup first J ser lien Tunnel Co 757/a 107 Va 80% 1982_May-SepZ 1995 & 74% 105 E Tenn First 1975;.— Ohio 4s Light April-Oct Gas System Inc— debentures series A 1975—. 3s debentures series first gold ApriZ-Oct 1977 3 99 Edison El 111 5 101 % 105% — 76 % 86 105 Jan-July June-Dec series I debentures mortgage 26 *110'A ..April-Oct 1980 coll mtge 2%s 1993 1970 mtge 3%s series G Corp— and H 2%s 1990 177 Columbia 2%s 1st - modified) April F 80 *102'A 1961—April-Oct 1972 C Jan-July mtge 102% 102% 88 % — 105% 105% 63% 84 74 Detroit Tol & Ironton RR 23/4s ser B 1976_Mar-Sept Dow Chemical 2.35s debentures 1961 Duquesne 104% 105 1990_May-Nov 1973 series Southern *70 mtge inc 4%s ser A Jan 2015 April First consol mortgage 3%s series E 1964_April-Oct 102 % 102% June-Dec 1970... 4'/2s A May-Nov 25 • fixed interest) series Terminal 101% 102 June-Dec 75 85 First consol 105% 105% Jan-July 74 *80% 82 86% 79% Terminals Co— series 74% May-Nov 70% 104'A Ry— 4s gtd 66% 61'A 99% 102 *85% ApriZ-Oct .... first 5'/2s Colorado Detroit (3% refund Mack AFirst 1969—Feb-Aug Feb-Aup 1966 1982 Line 90 56% 52% 101% 101% 1975. ApriZ-Oct Louis Illuminating 3s & fFlorida June-Dec Div 81 7 95 77% 66 ...June-Dec coll 3 64% 107 76% 65'A Mar-Sepf _ Mich mortgage 3s 89 1 Short First 67% 57'A 103'A 103'A 65'/4 Jan-July 1993 first Electric mortgage Cleveland 4 % s 51% 40% 1 76% .Jan-July Jan-July 1961 Refunding and impt 4'/2s series First 9 59 55 97 *101 .VL> 1959_ 1993 series Cincinnati First 65% 97 .....Jan-July & 90 Afay-Nov 2042 1 88 94% 1994 2%s debentures Chic May 95'/4 73% 99% 1963 debentures 4s Cincinnati General St 86 13 54% Terminal— 25/8s ref ASecond East June-Dec 1978 Corp 90 64% 127% 88 87 99% ; 1st and convertible Detroit 78 % 126% Rv— mortgage gtd 3%s series E First mortgage 23/4s series G 1974 I T Financial Ice 65 68 10 44 *91% 1951 First City City 3 61 94 % June-Dec mtge 23/4-4'/4s Elec mortgage Cincinnati C 65 % April 1951 refunding 4'As series Gas 90 Lake— contingent General A4s Cincinnati First 93 1952.Jan-JuZy and 77 127% 127 V4 941/4 36 RR— series Salt & Detroit Edison 3s Erie 1999—April —Jan-July mortgage 27/8s series G 1963& Western Indiana conv 4s Chicago 77 20 High 64% First consol 1 Southeastern 3 '/as — 59 a—April Union Station— First 100% 58% .Jan-July gold & 23/4-4'/4s 99'A 59 Jan-July 1980 Orleans Memphis Division Chicago Terre 101'A RR— 4'/as Jan Pacific A ser 99 Ry— series Chicago Rock Island mtge 13 Apr" 1994 inc conv mortgage 104 Va Jan-Juij — mortgage 4'/as inc *ei a Dan increased series B Jan 1 2044 & Second 1st 2003 —— conv Chicago 100 *100% 101 4-6s Income mortgage 5s Chicago Milwaukee St Paul Geneia. 9 May-Nov series mortgage 4Vis inc ser A Jan Indiana & Southern 4s 1956 First 102'A 102% 99% trust 1% contingent interest) 1993 mortgage series A (4%% contingent interest) 2018 110% 102% Jan. 1 Low May May -Nov 5s conv AGeneral inc mtge 4Vis Jan 1 2038 —April Chicago Indianapolis & Louisville Ry— A 1st moi tgage 4s inc series A Jan 1983_ April A2nd 112% 107% Feb-Aug inc Chicago & Erie 1st gold Chicago Gt West first Chicago 110 6 99 1973_May-Nov A Income 3s 111% 111 % 107% 107% 45 107% RR— moitgage mortgage 111% No. 1979-Jan-JuZy Gen & and First Range Since Sold Denver & Rio Grande Western RR— First mortgage series A (3% fixed Chicago Burlington & Qulncy RR— First C 1993 Power & Light 3s 1973 April-Oct First mortgage and coll trust 3 Vis 1977.June-Dec First mortgage and coll trust 2%s 106% 1989—Jan-July Jan-July series 5s Delaware 104% 105 High Bonds division mtge & coll tv 5s ser A 1985 1st mtge & COll tr 4%s ser B 1985 103% 129 101 1989 Range Friday's or Bid & Asked Div Pennsylvania Division— 133% 62 129 101% 4s 4s 101% 27 Western 1st 101% 102% & Collateral Mar-Sept 1996—May-Nov 1996. .Feb-Aup H goid gold 2 M Essex 1 ' -- refund & mortgage due 75 103'A 103% and Morris 70% 6 *104% Lackawanna A Income 67 *102% 103 York First 78% -- Sale Price Delaware Lackawanna & Western RR Co— 100 69 % 103Vi Week's Last Period low 100% 105 Interest Exchange High 101% — — BONDS 1 74% 1968 1992 impt M 3%s div Jan. 69 1974 A impt M 3Vis series E and A May ApriZ-Oct impt M 3Vis series D and 69% High Friday Range Since Sold Co- reiund and 2020 1 1974 Chesapeake & Ohio Ry— Reiund "100 May Jan-July First mortgage 35/8s series B Champion Paper & Fibre deb General 2020 1987 Power Pacific Ry First 1 J— mortgage New Central N of *100% *101% Ry— series mortgage I960 Bonds Bid & Asked 90 99% J Jamestown Franklin & Clear first 4s Jersey Central Power & Light 2%s 1959_June-Dec 1976__Mar-Sept 81 100% 100% 49 1 70 100% 81 103% ; The Commercial and Financial Chronicle (1554) . . Monday, October 23, 1950 . NEW YORK BOND RECORD WEEK ENDED OCTOBER 20 RA>GE FOR Friday Interest BONDS Last Period New York Stock Exchange Sale Price Friday Week's Range or Friday's Bid & Asked Low High K 1st mtge 4s 1990 .April-Oct Power & Light 23As 1976— _Jun e-Deo .June-Dec mortgage 27As 1978_ First 1st mortgage 2%s —- V« 82% 103% 101% 102 N * 102 — 104% 102 *115'A 103% ■, 100% 2 101% 97 100 176 102% 102% 7 7' „ 181% N 102% 105% N 12 % 1% N N First mtge Lake Shore & RR Terminal— sink fund & Mich 3%s South gold 1968—June-Dec 1997_June-Dec 3%s 3%s registered 1997 Lautaro Nitrate Co Ltd— AFirst mortgage Lehigh Coal 95 % & ref 5s Valley First income 4%s 1954 extended to 95 7 907A 97 y. 96'A 98'A 4 94 97% *83 78% mortgage Series B interest 5s contingent First mortgage 5s extended to 1979 Feb-Aug Miami general 4s series A 1962 ALombard Electric 7s series A 1952 Lorillard <P) Co debentures 5s 1951 First & refund First & refund St refund Louis Atl Knox & ser G mtge 3%s Div ser H 2003 second gold Cincinnati Louisville Gas & Elec Div 1st 4s Steam first Corp Susquphanna 64'A 102% it<^% 102% *— 1U2% 60 lua% 10"% 4 — 1"°% 61 57 102 103% 103% P4% 123% 121 ~8 ,76 106% 102% *102% 103% General 105% 98'% 86% 102% 86% *3 102% 102% 5 7"-,2 107% 107% *101 104% 99 • *H;> 1979-May-Noo looy* 89% ♦97% Norfolk Southern 7A •12 Norfolk (R H) & Co Central 2%s debentures 1972—.May-Nov RR 4%s series A 1960 *101% June-Dec Ry (Southern Lines) 4s 1959 May-No^r May Dept Stores 2%s debentures 1972 Jan-July Mead Corp first mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 2%s 1974—May-Noo First mortgage 2%s 1980 _Feb-Aug Michigan Bell Telephone Co— 3%s debentures Michigan Jack 1988 100 *102% *„ Lans first gold 4s 1996—April-Oct general & ref 5s 1974 Mar-Sept General & refunding 4'As ser A 1974—Mar-Sept Northern Pacific Ry— Prior lien 4s 1997 Quar-Jan 4s Quar-Jan Quar-Feb 3s registered 2047 Quar-Feb Refunding & improve 4%s ser A 2047—Jan-July Refunding & improve 5s series C 2047 Jan-July Refunding & improv 5s series D 2047—Jan-July registered General lien Collateral St of 3%s N Paul & 1969 first J Saulte First mortgage AGeneral ♦106 ext 5s St & Texas Missouri-Kansas-Texas lien 5s series A lien Cum 4%s 1940 A 4'As trust A ser first 4s Jan *99% 1990 States 1978 A ser Jan 1967 refund AFirst and refunding 5s series I Morrell Ry (John) gold first 3V4S & Co. 5s ser gtd 4s series 3s H 103% 108% 14 107'A 109% 100% 102 102% 105'A B May 87 87 16 78 88% May 56% 57 13 45% 59% 90'A 89% 90% 67 77% 95 97 96 97 69 84% 99 8 8'A 88% 11 74 93 75 92% April-Oct 96% 89 7A 109 96 977A 61 72 'A 108% 109'A 39 93% 109% 88 103'A 88'A 450 63% 88'A 108% mQ% 4^2 92% 109% 94 110% 2%s 86 109 51% 110'A 14 51 52'A 388 104% . 33% 52% 109% 110% 77 93% 110% 109'A 108% 109% 139 92% 109% Feb-Aug 66'A Feb-Aug 1986 101% 101'A 1 56 67 2 102% 104 9 99% 102 60 7A 60 7A 61'A 47 53 62'A 94'A 92% 95 44 7 5'A 95 90'A 93% 74 92% May-Nov April-Oe.t 66'A 103% 103% 1958—May-Nov 1978 *98 ■ II *104% 99 „ 72 97% — 105 93% 99% 105 Va N First Chattanooga *' mortgage 3s series National 3s Nat'l Dairy Products debentures 1970 Distillers Products B Ohio Edison 3'As debs England Tel & Tel Co— First guaranteed 4%s series B 3s debentures 1932 103"% 105 105 12 104% 106% April-Oct *105 104% 106 14 103 104% 100% 102 101% Jersey Bell Teleo^^ne ?%<= 1988 Jersey Junction RR gtd first 4s New Jersey Power 81 Light 3s 1974 Orleans Great Nor 5s A 1983 Orleans & Northeastern RR— Term first tNew Orleans Texas AFirst 5s series B ACertificates AFirst 5s series ACertificates AFirst 4%s of series of 105% April-Oct 103% 103% June-Dec ♦- May-Nov *102% 101% — -First 1956 deposit D Gas 1956 deposit 2%s & 1974 3s 1975 1980 Electric 2%s 1975— 95% 100 94 100 10 68 % 75% 82% 8 73% 83 68% 69% 407 62 73 52% 54 348 40% 54'A 15 101 y» 104 ya 6% 2% 101 6% 6% 86 2% 2% 32 1% 13 100'A 100% 101 *69 5 73 9'A 3% 103 57 70'A 100% 104'A 101% 104 31 104% 104% *50% 106 »/2 41 25 15 15 16 *71 85 53 25 52 3A 25 17% 53 13% 15 100% 103% 104% 107'A 104 106% 105% 107 % 5 100 102»/« 92'A 2 87 128'A 15 80 71% 100% 100% *106 107 *104 104% 105% 105'A 12 100 100 92'A 128 108'A "2 107 109 58 100% 112 66'A 64% 70 60% 70'A 59% 66 90 21 80 91% *105 65% 133% 117 106% 108% 108 »A 107 95 126 114 *118 111 65% *63 107% 99 89 89 95% 5 88 104 104 104 % 49 101 105% *— 101% 101% 103 101 101% 96'A 95 94% 6 37% 97% 98 100'A 103% l6I7/s 5 102% '— *100'A 101% *95 *— 101% 19 — 99 99 % 101 99% 102% 19'A 11 11% 19% 104% 104% 3 104% 106% 100'A 100% 7 99 »A 102% *— 104 103 103 *__ Feb-Aug 100% 100'A 102% 102 104% June-Dec 1979 3s 2%s 1980 Oregon-Washington RR 3s series 104 May-Nov mortgage Pacific Gas & Electric 34 103% 103 I960—April-Oct A Co— & refunding 3'As series I First & refunding 3s series June-Dec June-Dec First & refunding 3s series K 1971 June-Dec First & refunding 3s series L 197.4 June-Dec First & refunding 3s series M 1979 June-Dec First & refunding 3s series N 1977——June-Dec First & refunding 2%s series P 1981 June-Dec First & refunding 2%s series Q 1980—..June-Dec First & refunding 3'As series R 1982 June-Dec First & refunding 3s series S 1983 June-Dec 1st & refunding 27As series T 1976 June-Dec Pacific Tel & Tel 2%s debentures 3'As debentures debentures 1978 3'As debentures 1983 Pacific Western Oil Paducah L'— 1st 17 103% 106'A 103% 103% 4 103'A 106% 104'A 104'A 104'A 56 103 % 107 104% 104=% 105'A 13 102% 106 % 104 103% 104 4 103'A 106% *103 f s gold /, 103'A *104% 107 __ 102% 104% 104% 106'A 103% 105 'A 30 102 'A 103% *103% 104'A 102% 102% 103'A June-Dec 100 100'A 8 98% 102% 102% 4 100% 103% 1 104% 106% 1 106 107% 4 104% 105 105 106% 106% 104% 104% *101', 1964__June-Dec 4 *103'A 1955__Jan-July 4'As 99'A 101% *100'A 100% Mar-Sept 3'As debentures & Illinois 1 103% 104% April-Oct April-Oct Mar-Sept 1985 1987 3'As 107% 105 106'A 106'A 1966 1970 J 27As debentures 1986 101% 106'A 101'A — — — 101% 103'A 104'A Pennsylvania-Central Airlines— A3'As convertible inc debs Sept 76% 1 1960__April-Oct ctfs 1952—May-Nov 102 Pennsylvania Glass Sand 3'As 1960 Pennsylvania Power & Light Co— June-Dec *102 Pennsylvania First 76% 5 102% 15 79 65 Co— Guaranteed series E 4s mortgage trust — 101'A 104 'A 102'A 103'A 103'/a 103% 30 102% 105'A Feb-Aug 114% 114 17 112 June-Dec 104% 104% 105 June-Dec 1975 3s 109'A 108% 109% April-Oct — RR— sinking fund 4'As 1960 4%s series A 5s General 4'As series series 1965 . 1968 B 1981 D General mortgage 4'As series E 1984 General mortgage 3Vas series F 1985 Peoria & Eastern first 4s external 1960 AIncome Pere 4s April 1990 ^ Marquette Ry 3%s series D 1980 May-Nov 115'A 115% 115% 119% 104'/2 104% 104 106 General 103 105 Philadelphia 106% 105% 107% First 105% 104 106 First 102 100% 103% First & First & Mar-Sept *103% ..▼"•n-Ju/v 106 1986_Feb-Aug *85 Mar-Sept *104 Jan-July 102 __ A 1952—Jan-July 1953— Jan-July Ry— 102'/4 102% 102% General 5s First 4 101% 104% 102% 102% 2 100% 104% April-Oct & & & series gold B 4'As Electric April-Oct Jan-July Jan-July April-Oct April Mar-Sept i 1974 series 114% 115 167 99% 19 102% 106% 111'A 99'A. 99 99% 82 90% 101% 99 98 % 99% 44 91 101% 86 86% 6 67% 70 46 22 26 217 26 101'A 5 101'A 102% 7 6'A 52 87% 70 14% 26 104 99 C refunding 2%s 1971 refunding 2%s 1967 refunding 2%s 1974 refunding 2%s 1981 refunding Petroleum 2%s 2%s June-Dec _May-Noo —May-Nov June-Dec Feb-Aug 1978 fund 101% 101% 101% "l 99% 100% 100'/a 100% 1 97% 97% Consolidated guaranteed 1 97% 101% Consolidated guaranteed 4s ser G Consolidated guaranteed 4s guaranteed 4'As 99 (_Feb-Auy Feb-Auy 99% 99% 99% 102 April-Oct 102 102 102% 20 debs 111 27 101 104% 101% 16 100% 104% 101'A 101'A 1975. May-Nov 6 101'A 101 104% Consolidated 100 101% Consolidated guaranteed *101% 103% 9% 4s ser ser 104'A 4 7 12 6% *98 110% 10 9% 102 'A 109% 110'A 1953—June-Dec 1957—May-Nov 1960__Feb-Aug 1963_Feb-Auy J 1964_May-Nov *113 *107'A 159 5 — 10% — 103% 104 'A 111 99 102% 106 — 101 103% 107'A 103% *104 *__ 12 102 101 ser'I 103% 103% 102 3 10'A 108 H 4'As ser 1 9 101 F 101 100'A 102% 102% *103 Pittsbgh Bessemer & Lake Erie 2%s 1996_June-Dec Pittsburgh Cincinnati Chic & St Louis Ry— 100% 101'A 1964—Feb-Aug debentures 99 conv 118% 107% 7 101 9% 28 2%s 110 — 110'A 110'A 1937—Jan-July 4s 101% 102 103% *114'A Feb-Aug Jan-July 1977 Co— §t A Philippine Ry 1st sink ACertificates of deposit Phillips deposit 1954 mortgage mortgage April-Oct deposit 5%s series A ACertificates 4s Mexico 1954 C of ACertificates of AFirst & gtd 100% 100'A 102% 1974 1974.. Refunding & impt 4%s series 95% 100% Philadelphia Baltimore & Wash RR Co— New Orleans 96 101% 1961 New New 93 5 New New 95% 102 first mtge 3s 1965 2%s debentures 1967 Naugatuck RR first gold 4s 1954 New *95% 102 Supply 3s debentures Feb-Auf 1970—June-Dec National Steel Corp National 101 101'A 100% — 101% 101% Jan-July Mar-Sept April-Oct May-Nov 1948 4s 2%s mortgage Oklahoma 1st first mortgage General June-Dec ueus 97 90 99% 6■0 Consolidated - 1986— 2%s — *99 .June-Dec guaranteed General Lou4- 2 *99 1974 2%s debentures 1984 Pennsylvania Nashville 19 71 103% *81 & Essex first gtd 3%s 2000 June-Dec Construction mortgage 5s series A 1955—May-Nou mtge 4%s series B 1955—May-Nou Mountain States Tel & Tel 2 93% *100% 2%s 1975 3s 1978 First Mar-Sept 1966 99% 92% 10043 100 hi 106 ya 55% 102% 110 debentures 104 102% 68 Construction debentures 89 1980—April-Oct Morris 3'/eS 103 78% 1981 1991 63 100 8 Co— mortgage 2%s mortgage 1st 100% 15 Co— and Mar-Sept 1975 Power first mortgage — 89 103 Jan-July Jan-July Jan-July AFirst Monongahela 87% *106 4s Malone 107% *103 refunding 5s series A 1965— .Feb-Aug 1975 Mar-Sept AFirst and refunding 5s series F 1977—Mar-Sept AFirst and refunding 5s series G 1978—May-Noo §AConvertible gold 5%s series A 1949 May-Nov Mohawk & 106% *102 June-Dec 1962 D 5s RR 108% AFirst and AGeneral 106% 68 1991 2047 104'/a *102 1971 1 Jan 102 % April-Oct Jan 66'A 52 — 101% April-Oct 1967. 1962 series adjustment tMissouri Pacific 99% 102% RR— A 40-year 4s series B Prior 97% 62 72 Marie— mortgage 4s inc Prior 98% 88% 102% 45 — 103% *101% 102 89 Mar-Sept Jan-July 1967 4%s inc series Missouri Kansas 80 78% 66 52 43 99% 92% 100J2 1977 3s (Minnesota) First sinking fund debentures t§AMidland 100% 102% 65 % 103% 103% Feb-Aug April-Oct Jan-July First mortgage 2%s 1979 Feb-Auy (Wisconsin) first mortgage 2%s 1977—April-Oct First mortgage 3s 1979 Mar-Sept Northwestern Bell Telephone— 88 % 64% 70 52% 5 11 >62 Central Northern 68 65 Co— 103% 50 60 64% Western Ry & Northern §AFirst & mortgage 32 76% 647« tOgdensburg & Lake Champlain Ry— April-Oct Minnesota Mining & Mfg 2%s Minn 1 Central— Sag 3%s 1951 Mar-Sepf 1952_ May-Nov Refunding & impt 4%s series C 1979— Jan-July Michigan Cons Gas first mtge 3'As 1969 Mar-Sept First mortgage 2%s 1969 Mar-Sept 3%s 4 92% *56 First gold 3%s First o«% 92% Manila RR 80 7?% 51% convertible inc 2014_April-Oct mtge 5s 109 101% — 79 901/, mortgage & con 4s series B 1954—June-Dec Manati Sugar 4s sinking fund Feb 1 1957—May-Noy 85% 76 7A 64% Jan-July 1980 107 M First 2%s 101V* "l 101% 70 46 Power Corp— mortgage AGeneral 74% 17 83 67% 4 RR— 40 Mohawk First Macy Jan-July 1963 § AFirst refunding 5s 1937 5ASecond gold 4'As 1937 § AGeneral gold 5s 1940 First Maine 3'As Western & 64% *J03'A Aprtf-Ool Mar-Sept May-Nov 1955 2%« mtge Y 63% 2003—April-Oct 1980 & 59 F 2003—April-Oct 3s ..June-Dec 1955 4s Power 36% Feb-Auy 3%s mtge 2%s ser Y 25 May-Not) Aprll-Ocf mtge AGeneral 58 70 55'A Nashville RR— <fe 4s 1954 May-Nov JAN Y Ontario & West ref 4s June 1992__Mar-Sept 57% 65 50% — 82 81'A mortgage Niagara 84% 64 Vb 53% 74% 0"% 58 3 103 69'A 55% *121 259 7«%, Jan-July 2022—May 62'A 84% 69% 77% High RR— 33% 83% June-Dec 1963 Hartford & 3 April-Oct Little Haven 97 69% ; 68% 77% 82'A 73% 90 8 69 82% 68 83'A 24 55 May-Nov - 57% Anril-Oct First New 1973 B 63 % 80'A 71 170 75 67% 73% 67 65 65% 74'A 63 49 63% 64% 64% 74'A N 80'A Jan. 1 Low May-Nov 1973 A 73% 67% May May 2003 series series 63 % May-Not Lexington & Eastern Ry first 5s 1965 Liggett & Myers Tobacco 5s 1951—— debenture Y Wfest 4s & Jan-July Feb-Aug ..Feb-Auy §ATerminal first gold 5s 1943 May-Nov N Y Telephone 2%s series D 1982 Jan-July Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Niagara Falls Power 3'As 1966 Mar -Sept 64% interest Feb-Aug 1998_Feb-Aug Feb-Aug 1998————— 80% 82 200" Lehigh Valley Terminal Ry— 1993.—Feb-Aug 3%s gold 85% 78% Feb-Aug Series C 5s fixed interest 2003 May-NOV Series D 4s contingent interest 2003 May Series E 4'/2s contingent interest 2003 Louisville & "7 Range Since No. —Jan-July ——Jan-July 1997— 1977 collateral registered Y Lack tN Y 4%s fixed Interest 2003 fixed 3'As mortgage 73 7A 84 79'A 101 99% Sold RR— Light first mtge 2%s 1975.Mar-Sept N Y & Putnam first consol gtd 4s 1993 April-Oct N Y State Electric & Gas 2%s 1977— Jan-July bonds— 4s F 78 River 81% *99% 100 Feb-Aug Feb-Aug Feb-Aug Feb-Aug 1998 A Hudson & registered First N 1974—Jan-July Series A 3s 91 94 90% RR— consolidated Series 84 *— series First & refunding mtge 4s ser A 2007 AGeneral mtge conv inc 4'As series A Harlem River & Port Chester— 95% Railway— Valley General 86'A June-Dec 1975 reg stamped mortgage Lehigh 8 & First & ref 5s stamped 1964 First & ref 5s stamped 1974 Lehigh Valley Harbor Term Ry— First mortgage 5s extended to 1984 Lehigh 95'A June-Dec Navigation Co— Sinking fund mortgage 3%s ser A 1970_April-Ocf Lehigh Valley Coal Co— First N *95 Bonds High Co— Michigan Cent collateral gold 3%s 3%s registered 1998 York Chicago & St Louis— Refunding mortgage 3'As series E 1980—June-Dec First mortgage 3s series F 1986 April-Oct Y Connecting RR 2%s series B 1975 April-Oct Y Dock first gold 4s 1951 Feb-Auy Y & Harlem gold 3%s 2000 May-Nov Mortgage 4s series A 2043 Jan-July Mortgage 4s series B 2043 Jan-July 4'As A ser Range Friday's or Bid & Asked New 15 *176 RR 4s Shore 3%s 40 27 100% 100% Lake 115% 114% — *40 100% 106 105% 101 — Central 3%s 103% 103% 20 104J-1, 104% 6104% Y General —— Lakefront Dock Central Refunding & impt 4%s series A 2013—April-Oct Refunding & impt 5s series C 2013 April-Oct 84 >A 100% 84% *100'A 102 Kansas City Southern Ry 4s ser A 1975— .April-Oct First mortgage 3%s series B 1968 _June-Dto Kansas City Terminal Ry 2%s 1974 .April-Oct Kentucky Central 1st mtge 4s 1987 .Jan -July Kentucky & Indiana Terminal 4'As 1961 ..Jan-July Stamped 1961 ..Jan-July Plain 1961 ..Jan-July 4'/as unguaranteed 1961 ..Jan-July Kings County Elec Lt & Power 6s 1997— _April-Oct Koppers Co 1st mortgage 3s 1964 _April-Ocf tAKreuger & Toll 5s certificates 1959. .Mar-Sept P. 4 84'/» ..June-Dec 1980— York Consolidated Kansas City Week's Low New Kanawha & Mich Last Sale Price High Low No. Period New York Stock Exchange Jan. 1 Sold Interest BONDS Range Since Bonds • 112 ' 104 lliya 113% 111 113% Volume 172 Number 4953 . . The Commercial and Financial Chronicle . (1555) NEW YORK BOND RECORD RANGE FOR WEEK ENDED OCTOBER 20 Friday BONDS Interest Last Period New York Stock Exchange Week's Range Friday's or Sale Price Low Pittsburgh Cine Chicago General mortgage Louis St ft Range Since Sold Jan. 1 High June-Dee mortgage 5s series B 1975 Avril-Oct 109 No. Low 3 100% 100 109% 102 102 108% uencial debentures 108% 109% 86% Terminal RR 1965 Jan-Julf mortgage April-Oct 5 81 89 Refund and lmpt M 4s series C 2019 Jan-Juiy 13 100 103 Refund and lmpt 27/s« series D 1985 April-Oct First series A 1958 June-Dec series B 1959 April-Oct 4Vis mortgage Pittsburgh series Youngstown First Pittstun CO Potomac First First 3s 1 «t First and First and First and First and 95 *— 93 >A 102% 96% 93% 941/2 17 92 First 96% 93 7 96 V4 90% Texas and — 100% 101% 101 8 Feb-Auo 96 V4 108 105'A — 99% 1965 and 3%s first Afar-Sept Gas *99 — of series C 5s 2000 3%s ser E M 106% 100'A 100'A 100'A 134 134 June-Deo 1985-Jan-JuZy ft Ohio Cent ref 102 97% 102% 96% 3 128 % 134 104% 105 — 21 134 3 100 106 102 % 1033/4 Pacific— Orleans New 3%s 1974 June-Dec *102'% — 61 62% 79 52 69 »A April-Oct 26 26% 35 213A 32% impt 3%s I960—June-Dec 2%s debs 1961 Mar-Sept *97 99 — 92 97% 100 100 100 101 % 108% 110'A Jan-July 61% and Corp «... — 5 U Union Electric May-Nor 1968_Jan-JuIy mortgage 3'As mortgage 103% mortgage 8s 2037 mortgage 3s June-Dtc 16 102% 1051/4 5 105% 109% 1 150 152 Union Oil 218'A 218% 1972—Aiay-rto* 2 Union Pacific 218 225 104% 1041/2 103% 7 104'A 1063A 103'A 103'A 4 1021/2 Co of Missouri 3%s 1964 1971 First mortgage and coll trust 2%s 3s debentures 1968. 103'A 151% 151% 2037—Jan-July 5s 103 106% 103% mortgage 27/«s l979_June-Deo 105'A of California 2%s debs 100% 93 % 84% 104% 104% Corp 2%s 1970 1966 103% 103 »A 101 102% *97'A 98 96% 99 April-Oct 1976 *__ 98% 98'A 100 Afar-Sept *94% 99 89 Afay-Nov 1967 95 103% „ 107% 105 103'A 103% *106% 107% Virginia 105% 103% 100% 101 101 First and refund mtge 3s series F 106% 106% . 12% 97% 101 101'A 101'A RR consol gtd 4s series A 1955—Feb-Aug sinking fund series B 1957 May-Nov Electric ft Power Co— First and refund mtge 2%s ser E 1975_Afar-Sept 96 2 105% 107% 10'/2 11 15 7 13 70 7% 105 105% 1979—June-Dec 103% 104 100 104 Virginia ft Southwest first gtd 5s 2003 11 11% 1978—Afar-Sept First and refund mtge 27/«s ser G *120% — 105 93% 49 94 103% 102% Corp— mortgage 4%» series D 1977—Mar-Sept General mortgage 3Vis Series J 1969-.Afar-8ept t A Rut-Canadian 4s stamped 1949 Jan-July tSARutland RR 4%a stamped 1941 Jan-July 93'A *102 Consol General 103% 101% 24 101% 101'A 93% April-Oct Jan-July ^ debentures debentures 2%s Vandalla 93 % 103'A 105% 101% 101% 101% RR— Rubber 2S/Ss S 100% — 103% 1970™June-Dec Universal Pictures 3%s debentures 1959 *100 % 101% *100% Afay-Nov debentures 1976 Feb-Aug Refunding mortgage 2%s series O 19fll_Afar-Sept 2%s Jan-July *108% 109% Afay-Nov 1975—ApriZ-Oct 27/aS R Electric 105 104 5 100 99 Co— debentures 8c 128 103 Afay-Nov 1956 Reading Co first 8c ref 3Vis series D 1995—Afay-Nov Reynolds (R J) Tobacco 3s debs 1973 April-Ocf Gas 119% 100% 101% gold refund Tri-Oontinental U Rochester 15 a-- 1053/4 Q 2%s High 20 100% first refunding 4s 1960 AAdjustment income 5s Jan 1960 United Gas Oats 104% 104% 105 1970_AprZZ-Oct 1990_ApriZ-Oct series B United Biscuit Co of America Quaker 128 *__ 104% tThird Ave Ry 101% 128 Afay-Nov 3Vis refund M RR Low 110 104 M Texas Pacific-Missouri my* 108'A *104 Jan. 1 No. Orleans RR— Pacific & General Tol Jan-July Range Since Sold High ' and refund Term *108 Jan-July 1963 refunding refunding refunding refunding refunding First and 1964 mtge 3 Vis 1977 ft 100% Texas ft New June-Dec 1984 4s Electric debentures 1977 1983 Terminal Service 103 June-Dec debentures income Power mortgage 2Vis Providence Public 5Vis Elec mortgage 3s 102% 6 101% 101% 94 Feb-Aug 1974 general 4%s series D 6 Ry— general 5s series B 1962 general 5s series 0 94 ApriZ-Oct 1960 C Ashtabula ft First First 101% 103 First 4tie mortgage 4%s First 103 Bonds Fiiday's Bid & Asked Assn of 8t Louis— 88 103 Texas Corp 3s debentures Pittsburgh Steel lBt mortgage 4y*s 1958 Pittsburgh & West Virginia Ry— First Week's Range or Sale Price Low Pittsburgh Consolidation Coal— 3 Vis Period 109% 6 Last Interest Exchange High 108% 109 mortgagi i%a series E 1975 April-Ocf Coke & Chem 1st mtge 3Vis 1964—May-Not) 5b BONDS New York Stock RR— series A 1970 General Pittsb Friday Bonds Bid & Asked 13 consolidated First Virginian Ry 5s 1958 3s series B First lien and ref *101% 104 Jan-July ser C 94 94 94 May-Nov mtge 3%s 97 97 98% 1973.April-Ocf *103'% 94 88 5 _ApriZ-Oct 1995 94% 10 101 104% 102% — S Saguenay Power 3s aeries A 1971 Mar-Sepl 1996__Jan-JuIy Lawrence ft Adlrond'k 1st gold 5s Second gold 6s 1996 St. St Louis St Louis-San Francisco Ry 1st Rocky Mt ft P 5s April-Ocf stamped Louis-Southwestern Paul St Paul & Duluth Union Scioto V & Seaboard Air AGeneral 1st 1989 3s 3Vis Line (Jos E.) Union & 93% 62 90 73 'A 155 RR 121% debentures 1966 104% May 91 % May-Nov 100% • First 4Vis (Oregon 4Vis Lines) A debentures Pacific 1960 mtge 3%s RR series 101% 97% Louis first Bell gold 4s Tel Corp Co 2%s 2%s 75% 100% Gen 1 49% 97% 68% 1 88 53 101 103% 97% 99% 123 % 107% 2 100% 102 7 102 % 2%s 124 104 % 105 __ 83'% 8 1 74 Wilson 101% 99% 97 111% Mar-Sept Afay-Nov Afay-Nov Apr-Oct 101 101% 36 98 % 99 % 108 96 % 97% 109% 112'% 97% Jan-July — 95 101 79 87% 100 652 100% 114% 100% 103 V* Jan-July 1994 1956 debs 1985 — 95 106% April-Oct 107 — gold 4Vis — — April 63 2013 — 2%s debentures 1973 1966 96% 101% — — May-Woe : Jan-July Jan-July 1972_! — 106% 105% 105% 16 105'A 107'A A 102% 66 31 56 61% 62% 22 52 102% 102% 80 101% 37 103% 104% 105'% 105 Apr-Ocf 64% 104% 105% 103'A 101% 105 *103 May 2014— Jan 68'A 65'A 66 Jan-July 100 Hi June-Dec Afar-Sept 101% S B first 4s 3s 108% Jan-July 1973 1958 101A 100% 101'A 162 85 102"% 115'A 105 221 107% 108'A 102% 101 101'A 101% *_. Mar-Sepf Mar-Sepl Jan-July April-Oct 102 99% 50 100 *101 Mar-Sepl debentures A general 4s Certificates «... 105 3 101 •% 103% 103% 4 102 104 102'A 102'A 11 102 103 % 113 1153/a 104 102% 104 Jan-July *113% Jan-July 1960 of 1949 deposit div and term f ASu & Du ACertificates First 92% 93 105% Jan-July 1966 Co— first mortgage Co 5 A First 97% 83 6 81% 82'A 150 69 73 77'A 52% 53% 105 40 53% — — mortgage of Jan-July 53% first 4s 1936_Afay-Nov 50'A 40% deposit 27As 83'A 2%s *99% 100 June-Dec 1976 100 3A 99 — , Afar-Sept 1979 96%' 25 96% 94% 106% 105 106% 111 90 7 102 106% 14 104 Public Service 3%s 107% 105'A 10 105% 105% Jan-July 1971 109 100 *105% 100 100 *100% 101 % *106 63 63 *1021? 97 96% 101 Vi 102% 102 102 *99% 100% 103'% 103% Wisconsin 121% 114 107f — Aprll-Ocf 87% 7 . 91% April-Oct ApriZ-Oct Jan-July __Jan-July 96% 91% 95 95 121% 121% — 106 Ve 104% ^Wisconsin Central Ry— 104 92 *102% 103% Afay-Nov debentures debentures & 106% 104% 105 Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3'As series C 1970 First mortgage 3'As series D 1967 83% 103 1 1971 convertible 100'A *100 57 10015 *101 101 1 gold debentures 50 101 May-Wot I income 94'A 87'A 9 57 2 5s 1951 30-year 5s 1960 Westlnghouse Electric Corp— 25-year 4%s 94'A 85 101% 105'A 105'A mtge 4'As-4s series A 1969 Pacific 97% 105'A 105'A guaranteed 2361 Union Telegraph 73 17 94% registered 2361 Jan-July Western Maryland first mortgage 4s 1952_April-Oct Western 101 Jan-July 1951— 2%s first 4s 2 16 104% 104% 1974 series 84% 83% *53% 4s 92 99% 3'As 99% 103% 1961—Jan-July 1983 Internat Oil & Power 3'As Electric Penn 99% 101 % 101% 83% Oil of California 2%s debs 1966—Feb-Aup Oil (N J) debentures 2%s 1971—Afay-Nov debentures 1974 Jan-July 23%s Penn West 98% 101 Standard Swift West 127% 85 73% 84 83 101 % 101% Jan-July 1979—Afay-Nov 3'As 1967 3s guaranteed 97% 103 Standard Sunray 104% 2.65s 1996 general 6Vis series A 1956 Dlv first gold 5s 1996 debentures ASpokane mortgage 36 105% 105% 1975_Jwne-Dec general 6s series A 1956 Div 52 *123'% 1986. 5s and general 4s series A 3 Vis . ser A E Southern| Ry first consol gold St mortgage General Wisconsin Electric Power mortgage 2%s Southwestern General Co— mortgage 2%s series F mortgage 2%s series G Memphis 106 105 Western Jan-July 1977 First Devel and 122 99% Winston-Salem First Devel 98% 98% 52 5 Jan-July — 1994 1981 San Fran Term 1st Devel and 120 100'% 100% 97% Jan-July 1969 First 91% 83% 101'A gtd gold 3'As 2000—Feb-Aug Washington Terminal 2%s series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June-Dec Co— Gold Southern 90 Vi 1981— A Jan ref 126% Jan-July Feb-Aup 2%s first 103% 104'% 104% *98 % June-Dec 1987 Indiana Ry 4 Vis 117% RR Warren 75% 104% *127 June-Dec 1985 debentures convertible 100 West Shore first 1979 2Vis Gold 1 Income series 84'A April April income 4%s series B Jan 1991 June-Dec 2%s 3s 2 105 % 105% Ala RR gtd 5s 1963 Aprll-Ocl Telephone Ac Telegraph Co— Pacific 4s mtge First mortgage 3%s series B 1971 Feb-Aug Walworth Co conv debentures 3'As 1976—Afay-Nov Co— & Sons 2Vis Southern 121 »A 121% *105 Aprll-Ocl 1974 Southern mtge Gen 55 North Bell Gen 101 71 98% 72 >/4 Oil debentures 1 1 97% 1989__May-Not> 4s Oil 2%s debentures 1965 Socony-Vacuum OH 2%s 1976 3s 76 76 98% May-Woe 1989_Jan-July Skelly Southern Wabash RR Co— 75 101 72% 2%s debentures 1971 April-Oct t§ASilesian-Amer Corp coll trust 7s 1941_Feb-Auo South W 104% 76 1968_June-Dec 1971 B England 1st gtd debentures Shell gold 4s cons mtge 4%s series A Jan 2016 3s series B 1980— ; mtge Seagram first Depot New 65 Ry— Second 4s lnc bond certificates Nov St 102 5 Co— bond certificates 4s 15 73 101 __ mortgage 4s series A 1997 Jan-July mtge inc 4 Vis series A Jan 2022 May First 73 __ 1955_Jan-JuIy A Second St 103% 103% — 73 108 97 Electric Light ft Power Yonkers Deferred delivery 100 102 100% 103% included 106% 107 not included the 10 a in the year's the in n included in the year's range, d Ex-interest, Under-the-rule sale not included in the year's y Ex-coupon. e Odd-lot sale range, r Cash not ^Negotiability impaired 63 105 by maturity. 101% 103% ♦Friday's bid and asked prices; 99% £ Bonds 102 104% no sales being transacted during current fIThese 102% here is a _ , __ . week. selling flat. , issues were previously listed on the Curb combination of ail sales on both Exchanges. .. reorganized under Section 77 of ^Companies reported as being in bankruptcy, receivership, or or securities assumed by such companies. 98% 102% sale year's range, 96% 100 3 not Bankruptcy Act, 40 10212 37 sale range, 100% 98 '97 2%« 1976_Jan-July Exchange. The 1950 year s . , range shown NEW YORK CURB EXCHANGE WEEKLY In AND RECORD YEARLY the following extended list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning ending the current Friday, Oct. 20. It is compiled from the reports of the Curb Exchange itself, and is intended to include every or bond, in which any dealings have occurred during the current year. and Saturday, Oct. 14 security, whether stock RANGE FOR Week's Friday STOCKS New York Curb Range Vending ACF-Brill Corp Motors Acme Aluminum Acme Wire Adam Hat Co —1 Shares warrants 1 LOW 9 9% 5,309 % 1% 1 % 100 1 July 3% 3% 4'/a 1,100 3 Jan 21 Jan 9% Inc 1 Manufacturing Agnew Surpass Shoe Stores Supply "3% "4 400 2% 3% 3 .,6,800 Ainsworth Air For Inc footnotes (N see for Week Shares 7% July Electric Appliance— 11 May Air-Way 2 May Airfleets Inc Sep Alabama Great Oct Alabama Power 4.20% 5% 30 Low Par 3 1 Southern 10% 10% 5% — 96 Inc 3,300 100 5 19% 20 Vi 300 —1 4'A 4% 5.400 Allied Products 4 International Investing Corp—1 5 11'/ 1 10 ll 9% 11% 10 3,000 300 31. :U_. 10% July 7% Jan 14% May Altes 13 Altofer Sep (Mich) 1 Brewing Co Bros common common— 275 4 % Alaska Apr common 98 1% Jan 3'A Fisher 'A * 7% Jan 4'A July Jan 98 Oct 3% Oct 5% —— 4% High Low 700 2,000 3% 5 3/a Airlines 5% ~3% 1 July & 11 80 preferred——100 13A Jan 3 % Range Since January 1 High 50 • J) page Range of Piices High .* Manufacturing common Associates Sales Last Sale Price Allied 1 Week's Friday STOCKS Alles Aero 20 New York Curb Exchange Range Since January 1 High 10 common— Stores Low 1 Alloys OCTOBER for Week of Prices Par AEC ENDED Sales Last Sale Price Exchange WEEK Apr 3 Aug 15% July 4% Aug 5 'A Mar 12 5% 99 103% Apr Oct Sep Aug 5'A Mar 6 % Jun 4% Jun 21 Sep 6'A Jan 71/0 .Tun 27 Chronicle Commercial and Financial The 28 . . . Monday, October 23, 1950 (1556) RANGE EXCHANGE CURB YORK NEW WEEK ENDED FOR OCTOBER 20 Week's Sales Last Range for Week Sale Price of Prices Shares Friday Week's Sales Range lor Week of Prices Shares Friday Last STOCKS Sale Price Exchange New York Curb Aluminum Co of America Goods Aluminum Industries common Air Filter 57c Amer Book American Cities Class Co Rubber Hard Laundry'Machine— American Maracaibo American Meter Co Co Natural Gas Potash - 12% Aug ft Jail 1% July 500 % Aug 1% American American Seal-Kap Jun Sep 5% Sep Charis 24 % 24 % 24% 700 21% Sep 30% May 32% Oct 37% May Jan 32 July 37% Jun 37 July 32% 32% 21 22 21% 22 21% 50 Jan 22 Oct 950 18% Apr 22% Aug 50 30 'A 29% 30% 2,600 10 2 10c • 38 Vb 5 47/a preferred 38% 3% Jan 11% Oct ft Aug U Fel> 11% 5,300 % 20,800 4% 1,000 106 150 114 6 8 Sep 2,700 5% Jun 7% Oct Claude 5% July 7% 6% 9 525 14 13% 13% 3'A 3% 3% x7 % 7% 4,100 110% 112% 250 Jan Co — Inc 112% 5 % 5% 5% 11% 12% 11% 12% 69,000 10% 10% 111% 111% 2,100 1.4% 16% 3,100 39% 41 10% • convertible preferred———50 3% Mar Club Cockshutt Oct Colon 113% Jun Colonial Jan 35 400 Colt's Commodore Hotel Community 11 Jan 116% Mar Sep July 16% Oct 41 Oct Vtc ext dep rets America Atlantic Coast Fisheries 5% July Plywood Corp 41% 60% 975 Apr Jan July Jun 44 24,100 5 Jan 2% 8,800 4% % Mar 700 200 2% 58% 5 warrants 59 50 — IS 72 2% 2% l Atlantic Coast Line Co. 4 7 May Voting Machine preferred———. Collieries Corp common _ Sep 17% 25% 175 8 % 1,800 6% July 10 Fcd 7 7% 2,100 6% July 8% Apr 1% l'A 1% 3,500 Apr 1% Sep 86% 83 % 88 % 33,500 63% July 88'% Oct 18% 18 % 18% 800 16 18% Oct 18 18% 4,800 12% Mar 18% Oct 21% 22 350 15% Mar 22 Oct ■ 14 4,000 non-voting 19% Oct 6% Feb Coro 8% Jan Corroon 9 Jun July 22 Jan Feb 16 Oct 650 1,300 14 10% 5% Jan 6% Feb 2,000 3% July 5% Apr 66 150 64 7% 2,400 13% 1,100 7% B Petroleum L— Baldwin Rubber Co common los de Banco Refractories (Li Bellanca Bell Aircraft Bickford's Inc Blauner's Jan 13% Aug Sep Canada 36,700 10% 5,500 200 14 13% Jan 5% Oct 6% Mar 10% Oct 3% 12% Jun 1 4 200 5% Oct 16% 2,500 11% Jun 16% Oct 2% 2% 500 1% Mar 3% Sep 11 Oct 25% Oct 14% Leo 5% Jun _ 2% Mar 3'A 1% 1,300 20% 20% 4,200 35 10'4 12»A 1.400 10% 12% 900 35% 35% 100 33% Mar 37% 13% Jan 21% Aug Jan 36'% Jun 7% Jan 12% Oct 7% Jan 12% Oct 'A Ju;y % Octil 800 10 8% July 11% Jan 7% Feb 2,400 7 Apr 9% 22 Oct 22% 6% 800 15% 500 14% Sep 17% Mar Jan 13% Oct Jan 67% Oct 2% July 3% 13'A 50 preferred 12% 13% 29,400 5% 66 1 common 63 67% 2,200 34 V* 9 22% 150 Aug 14 16% Jan 14% 11% 700 7% Feb 11% Oct _3 11% 11% 125 9% July 13'A Jan 4% 9,300 ; 11% 4% .1 i 4 3% July 4% Sep 7'A Mar 11 'A Oct Jan 72'A Sep 86 Oct — * 11 % ~9% 11% 3,500 • 72% 68% 72'/4 750 51 5%% 85% 84% 86 210 75% July 18'A July Scrymser Bourjois Co Corp Bridgeport Light & Power 1 common.—- Light Gas Co - Sep 4% 600 4% Jun 5% Jan 20% 9,900 16% Jan 21% Oct 9% 11% 10,300 5 Jan 11% Oct 25% Feb 90 25 * 22 26% 27% * A British-American Oil 27 % * Co— Co Cuban Atlantic Cuban Tobacco American 1,900 17 Jan 23 Aug Feb 34% Jun 28% Aug 21% Apr ' dep rets ord bearer. dep £1 orcl rets reg 10% Jan 8 ' £1 Amer 10% 200 7% July 11% Apr 11 Apr British Celanese Ltd— Amer dep British Columbia Class cumulative Rubber Brown Li A— Mills Ltd class B___ Bunker Burd Co common Hill Burry 4% 2,400 16% 3,500 5% 3,200 10 5% 5% 10% 10% 10% 2,000 19% 19% 19% 1,100 1 % Mar 23% Jan 5'A 8% Jun Sep Jan Jun Mar 6 13% May 15% July 5% Jun 20% Oct 7% Sep 9% 1.400 5% Jan 7% 8% 10,600 5% Apr 11% 1,000 11 11 2 2 2% 23% 24 5,500 11% 11% 50 6% 6% 100 14% 14% 50 " 6% 12% 1,300 11 y4 17% 17% 18'A 3,000 13% Mar 1 Brothers Davidson Inc 2.50 _ _ — 7% % 4 7'A 7% 200 5% July % % 9,100 3% 4% 9,600 4% common—_50c Estate Jan 18 'A • "7% 1 7% 5 Insurance Canada Bread Co Ltd Cement Co 6',2 7c Canadian Canadian Ltd common preferred Industries Capital 3 July Sep 5% Apr & Carnation Carolina Steel — II Jun 5% July 7% July 20% July 5 Apr 5% Mar 8-i'jj Oct 9 'A Mar 24 Mar II — 42 Sep 25% July 27 Oct Apr 16% Aug 150% Mar — -- 30% July 16 • 150% Mar * & Devoe 3% 3% 4 15,600 5 Jan 4% 17 . Jan 26 % 32 Sep 39% Aug 2% Apr Aug common. Power & 35% 300 1 S% 8% 8% 800 7% July 9 Jan 4% 4% 4% 400 2% Mar 4% 82% 81 82% 75 ~3% _3% "3% 9,800 light $5 pfd 34% 1 63 Jan 84% Sep 114% dep rets B ord footnotes page £1 2s 6d 31. Jun 13 Jun 5% Aug 6% Oct July 15 % Feb 36% Jan Apr 11 American Co common Bridge Duro 14 V4 Mar Feb Jan 12 1% Jan Jan 146 9'A • " Oct 2% Apr 24% 1,100 20 Va July 26% Jun 13 13% 500 9% July 13% Oct /' ■. ■ 1 K 16% 15'A 1 1 4% 4 % ~ 1,800 25% 9,600 - * . c •• 11% July 17 Jan July Oct % 0 3% a.aj 51 Oct 14% July 25% Oct 24% Oct Oct 35 11'A 11% 200 9% July 11% 31% 1,600 27% Aug 32 '/4 400 34% 33 35 96% 96 96% 75 19 10 2 30'A 11% * Anr Apr 1% 20% May 100 51 »* s 18'A 19% 19,500 35 Oct 85 Jan 98% J 17% Sep 21% Sep 24% Mar all Laboratories— B) 10c Ltd— Co rets ord dep 7,400 4% 23% 25 % 25 3,000 17 51 51 r. — Chemical Co Ltd^. _ _ 6% Oct 3 % A,.r ' 6% —£1 reg (The) Co Hosiery class B common Test 5% July 10% Juiy 135 2% — Co. Rubber American Durham 4,800 14 Sep Oct 8% 23'A * Ltd A common. Dunlop 3,500 8% 8 12% Sep Apr 30 2% — Co (Allen Duraloy Jan __ Corp common Harris Class x25% 2 4'A — & Coal class B—__ & Tar Power DuMont Apr 200 .' 1 Co Duke 4,400 2% class B Corp class A—— Driver 2% 2% -1 - _ _ Dominion Draper 7% dep rets ord reg 4s___ Dobeckmun Dominion 28 Apr 1 % Ltd— Co __ ... * 14 1,100 25 5% 2% 11 4% 4% 4% 1,600 16% .1 Corp common. 100 6% 3 14 27« 1 * Duval Sulphur Potash & Eastern Gas & Fuel 4%% Co Assn 16% 16% 1,000 Sep Feb July 13 3% Jun Mar 100 States % 25 Malleable Iron 11% 11,000 10 .69% 625 62 Jun 29% 69 11 68% 111% common. —10 prior preferred preferred s Jan 5 V'4 Apr 147 17 Jan 30 260 24 July 11% Oct 603 2'A July 225 65% July 89% Oct 78': 82% 450 60 % 82% Oct 22 23 600 18 Jun 100 75 Jun 2:i- 1 '.v beneficial int 1 I Easy Washing Machine class B Electric Bond & Share common * 12 5 20% Electrographic Corp common Empire District Electric 5% pfd Empire Equity Millwork Derrick $2 Corp conv & Corp Equipment — 11% 11% 1 100 1 83 83 — * 1.500 12 7% 11% $3 convertible preferred 11% 10% July 19% 70 2,100 1 % 9,r00 Feb 103 5% Jan Sep 19% Mar Jun 1% Mar 1% 1% 1% 6,600 1% Oct 31% 32% 500 31% Oct 40 250 40 Apr May 8 % Feb 32% 38% July 4% July 1 S? 108 1% 12 1 w. Aug 500 1 Esquire Inc Aug 13% 23% Mar 10c _ new 85 14% July 7% 7 ~I% 10c Jan 27% Sep 41.600 106'A 107 107 8% May 20% 20 5 common— new pfd Jan Jan 4 3% 89% * series A $5 pfd shares of 73% Mar 30 % 86 3 * shares of beneficial int Common Jun 9 Corp preferred series B Eastern Sugar Associates— 3% Eureka Corp Eureka Pipe 1% 32 % Oct Oct Jan X4o 6% Aug Ltd : - Line common 10 «? — 19,000 1*6 % _l ft Jan Sep u Apr Feb 50 12 30% 12.000 20 30% Oct 6% 16,500 4"% Jan 7% Aug 15% 6,80 3 10 % Jan 17% Sep 13 14 25% 16% Jan Fairchild Amer Sep 9 Jan 2% July Ltd— dep rets A ord 29% Jun 112 ♦ Biscuit Co Jan Oct » Inc 18'A 10 Foundry Raynolds Distillers Emsco 100 Kennedy Amer For 2,200 ~ 20 1 common— 68 6 % •. 1 Manufacturing & Products Common Co__ Carr-Consolidated Carreras 5,000 7% 7%: 100 Co Co 7% 7% July 2.50 Transit Baxter & Carman 3 Ltd— Marconi.; City Products Capital 100 ♦ preferred Canadian Carey common — Canners Convertible 17' Ltd Apr Aug Sep * preference Jan 3% Aug Jan 9 U 3% Camden Canada 4% 4% l Calgary & Edmonton Corp Ltd California Electric Power— Fire 3% July 48 1,300 7% 100 Detroit Gray Iron Detroit 13'A —5 debenture Gasket % 28 8%' Dejay Stores common _ Dennison Mfg class A common Detroit 2% 2% 10c —35 — $6 Sugar 1 % Mar 12 Jun 2% Sep Oct 8% 28 % 7% __ .. 8% mJm. __ :l Mines Inc .. Dayton Rubber Co class A_ Day $7 Calamba 10 10 D Eastern Products 3% July 2% Mar 32% July 20 23% 5 57 Lighting Inc common —2.50 Manufacturing Co (Mo)__ 5 Curtis Eastern Electric 300 55 ■ Cable 300 2% 55 10 common..^. 800 1 13% May 12% 12 %c OO 4% 16% 12% rets Biscuit Corp. CM CO err Sep Jan 2.50 Co Corp Amer dep 2% July 2 % 11 * Sullivan-, Ring 100 4 % 16% ♦ Line & Piston Burma 28% 4% 16% —* l common iE Bruck Pipe 2 8'A 100 2.50 preferred Bruce Buckeye 2% • junior Co 2% 1 class Power Distillers— Forman 2% 10s reg— B—_____—, Brown 47c rets orcl 3% 9% 7% common Dominion Steel Tobacco— Amer 3 9% * Dominion Textile Co Ltd common British Apr 3 common Sugar Sep 1% 1% ——25c common Domestic Finance 32 50 22 Manufacturing Co common__.__» Class 26% 4% 23% Mar 4% 20% 10% 1 Traction 20% 24% 25 Inc Brazilian Breeze common... 4'A Mar Sep 4 i Drug Davenport Hosiery Mills. 11% — Crown (Md) Cork Internat'l "A" partic Petroleum Crystal Oil Refining $6 preferred 49% 1% 8,900 Oct Apr Jan 30% 47% 1% 5 — Crown 7,400 48 47% 1 6 1 Co Oct 14 % 1 Aug 6'A 15% Oct 1,050 6 6% 15% . Aug 9% 22% May 1,800 % 9% 3 30 600 A 1 ti 10 3% May Mar 1 Oct 113 1 _ _ Inc Milner & Co Cent Curtis July 78% Mar • common Motors Crown 3 100 700 5 Spp 8% 10% July Ltd- Brewing Crowley May Aug May Mach Co com_* (S) & Co common Co 6 5% xl5% 14% common C) Feb 17% 2% 35% 9% 22% 1 Corp common (H 5 % Mar 5% common._25 common 5% prior cumulative preferred_100 Bohack Brillo 9% xl5% 1 distributed Blumenthal Borne 1 common— Ridge When common... Steel Fdry & Birdsboro Blue — Inc Hedges & 1 common Watch Co Benson common Ties Telephone of Benrus 10 5% 9% 5% 1 1 Shoe Corp Si (A Oct • Inc Co & Beau-Brummel Beck Ltd Pwr Steel Corp Baumann 100 77% 52 Andes— Barcelona Tr Lt & Barium 13 3,900 shares American Basic 1 77% May 3,25 j 12% dep receipts (ord reg)—£1 Petroleum 5 Crosley 75 13 76% • Co July 3% Wilcox & 8 18 24% American Babcock Jan 3% 12 5c 6% 11% July 900 1,400 34% .. Jan 600 8% 3% 20% Oct 66% 39% 107% 111% ♦ * Reynolds Courtaulds Croft Apr Oct 4% 4 _ & convertible Creole 6 5% 3% _ preferred class A Cosden 13% Mar Oct 200 Distillery Ltd— Inc Ja 1 19 2,700 1% * $1 Oct 8 6 1 — _ B Jun 40 6 % 3% 10 Oil Mines Oct Apr 4% July 25 6 3% — Class 5% 400 TVs' Apr 5 % 8% Feb 7% July 200 19 17% 1 6% 4% July 11,600 5% 574 — * 100 17% 40 voting 200 16 33 API- 10% 4 A 800 14% Jan 5% Class 7% 16% Jan 6% 3,700 5 4% 4% % 19 Corby 8% 15% 1% 1,700 38% Oct 5% 17% Jan 24,000 10 utilities Gold 6% 2'A 4% 10% — Jan Cornucopia July 10 5 4 3% 19% Jan 10 60% (H) Oct 25% 7% Varnish Co Paint & 6 7% Cook 7% 5 25 3 Ayrshire 67 Continental Foundry & Machine Co. _.l 8 8% * & Sons common 60% Mar 3% 7 Oct 5% 1 Steel Products Inc. 1,200 64% Car-Na-Var Corp Continental 18% 19% 1 Automatic 65% 23 'A Aug 1% 73 . Automatic Oct Jun 63% 110% Consolidated Jan 10% 1 Consolidated Gas Oct Aug 12% Liquidating— —___* & Smelting Ltd Jan 14% 7% 7% Jan 12 % 11% Jan Jan July 9'A Mar 25 Jan 4% 38% 8% 12 Jun Feb Jun 300 24% 9% 3% 10% 12% 7% % 100 24% 800 71 4% 10% 1 Consolidated Mining 72 Oct 1 6,400 % • _* class A 9% 13% 9% £1 reg— & Tel Feb 600 ———25 Co Service-.: Consolidated Royalty Associated Laundries of 7 8,400 1 1956—— 14% Associated Electric Industries— 200 Machinery— 9% 13% 1 Feb 9% 6 Inc__. Public to 13% 2.50 Feb 21% 6% * Engineering Corp Consol 21% Oct 13 Shoe Compo July ~6% .—1 Manufacturing Oct 8 8% 6'/4 ordinary Colonial Sand & Stone Co Oct 100 35'J 5% 1 common Mar July % 6 JA 1 — 12% Feb 12% Airlines 12% July 10% 110 10 6% May Co Plow Development 8% Jan 8% July 8% July 14,500 12% 16% Apr July 3% 11% • Feb 14% 173 110 9 9% ~6% & 109 % 2,700 * _10 July Feb 35% Lambert Manuiacturing—4 common——20 Aluminum Products Co * Clayton 22 4% 1 ; Oct 9% 64% Manufacturing Co Neon 5 • (The) Corp Jan 2% 600 x7'/4 non-voting— Equipment Corp Controller 9 6% — Clinchfield Coal Corp £1 1 1 pfd—100 1 Rubber Co class A— City <fe Suburban Homes— 98% M ty 840 160 % Sep 9% .5 10 Stamping Auto City common— 5% July Clarostat 1 Light $7 pfd Mar 133 Service Cities 155 . 8% I Oct 11% 8% May £50 p% q% 155 * 1 -10 Voting trust certificates Chief Consolidated Mining 4,700 9 10 4 * com 120 11% 33% Oct 92 5 Rivet & Machine Chicago & Southern Air Lines 84 % 9% 10 common Chicago Clark Gas common— Power & Jan Aug Corp Cherry-Eurrell common Chesebrough Manufacturing 100 6 preferred July 4% 700 1 class A Feb 31 Feb % 4% July 27% 9% Angerman Co Inc common Anglo-Iranian Oil Co Ltd— American dep rets ord reg _— 25 % Feb 31 8,200 % 8 Angostura-Wupperman Apex-Elec Manuiacturing Co Appalachian Elec Power 4Vz% Argus Inc 25% July 39% ll'A 114 41% Mar 10% 120 36 Sep 1,450 7% 6% 86'A 18% 2% 7% (B Fl Jan Feb Jun 6% Avery 81 % 83% 10% Products— Central Power & Light 4% pfd Steel Ohio Central 6 6J/4 ——.100 preferred.. 3.50% Apr 1% 2 Corp uan 3% 400 32% common 5% Atlas 7% 14% 2% 30% Corp common Atlas Jan 600 2% 2% 2% 5 Tel 4 % 30,600 2% 2% 32% Writing Paper common American 3,700 5% 9% May Sep 29% preferred—— Associated 6% 18% 7% July Anchor Post Products Aro America of 5% Apr 2% 30 % American Aspinook (A 18% 85 700 • Thread 4%% 21% July 5'/4 July 1,700 25 American Armstrong ' Jan 9 % % pfd Republics 6% 3% Mar 1,600 18% 76 — class A 6% Co & Chem B Arkansas 15% 300 12,300 * American American Common 800 33% Maine Power Co— 1% 9 20 Co com Manufacturing American Arkansas Natural Corp Central 1% i, ' 1 —25 preferred American $6 series 5% 29% 1 common preferred convertible Superpower Cataiin Oct 8% 4% —10 1 & Co Mi Oct Jan 26 Jun Aug 6 5% 33% 1 100 {[Central States Elec 6% preferred—100 7 7o preferred 100 Conv preferred opt div series 100 Conv pfd opt div series 1929_ 100 Century Electric Co common— 10 Century Investors Inc 2 Convertible preference 10 Cessna Aircralt Co common 1 Chamberlin Co of America 2.5J 1 1 10c _1 - American Amer 1 15 % Light— & American General Corp Class Mar 614 Jan 5% * common Castle 25 — Power Class B ex-distribution. S2.50 May 6 Products Casco High Low 1 Co common W) (J Carter • Co $2 convertible ' Sep 101% Mar U 1% distribution-on B 24 100 600 14% 15% 1 1 —100 Beverage common American Jan 1% —15 pfd conv American Eantam Car Co class A American 73% Jan 96% 8% 8 8 —_* 51% 26% 26% • Manufacturing Aluminum 6,900 1,100 99% 101 100% 100 1 Range Since January High Low Par High Low 67% 64% 65 • common preferred cumulative S3.75 New York Curb Exchange Range Since January 1 High Low Par STOCKS 11 Sep 1% Mar 11 Sep 1% Mar Fairchild Fansteel Camera & Instrument Engine & Airplane Metallurgical 1 1 * . 29% 6% Vi 15% ** 6% 15 July ^ Number 4953 Volume 172 . . The Commercial and Financial Chronicle . (1557) RANGE Week's Last Range Friday of Prices Shares Low Par Fire Association First York Fishman Ford (M Co American 10c preferred—1 common Inc Co of £1 voting Motor Pitt Fox of 1 1.25 Brewing (Geo — July Jun 4% 4% 4% 2Va July 1,100 51 50% 52 53 53 33% 11 Apr May 5ya Jan Jan 523A Jeanette Jan 54 Co Lake Brown & A) 1,000 IIV2 Jan 18 Power Co 7 V2 July liya Jan 7% Jan 9% Sep —— __ 36 36 200 293A Feb 38 Aug 10% 10% 700 10 Jan 14 May Mfg Co General * common Acceptance General Alloys General Builders or'c Co rets 600 4% 2% 2 % 400 2% 3 Kansas 6% 6% 6% 8»/b 8'A 6% preferred____ Public Service Georgia Power $6 21% 21% 700 21 preferred--* preferred l Electric McBean & u. Jun Jun 17% July Gobel (Adolf; Co 107 % 4 1,600 2% Jan 4 14 Inc class 111% 112% 125 111 July 116 % May 107% Feb 109% May 3 Mar 4%- Jan i ~3 VB 3% 3% ' ' 3,300 5 Vb Mar May 8 6% 6% 2,400 20% 950 17 Jan 22% 17'A 18% 700 13 Jun 18% Oct 28 Oct 28 Oct 15% '15% 2,800 12% Apr 17 Va Jan 103A Jun 21% Sep 11 Jan 21 17% 16 Vb 17% 3,800 20 % 20 20'A 900 1 3% 3% 3% 5,400 1% Jan 46% 48 % 325 41 y2 Jan Mar 25 —'• _ ■ class % __1 Mines —50 Co_d__ % Graham-Paige Motors 5% 45 60 6% 100 1,000 13% 13% 25 % 5,900 31 y2 400 6% 31 __4 pfd conv 50 50 __ _* A__ Gorhani Manufacturing common 4 Varnish Manufacturing Atlantic Co__ Pacific & Non-voting __1 9 5 , Apr Jan Lakes Northern Oil Chemical & Grocery Stores States 25 Products Lime 1 Co Brewery Utilities 2 common—25c $4.40 Kennedy's Co Inc Sep Sep 84 % 50 7'A 33 Jan Sep Oct May 16% Mar 8% Apr 3,100 12% Jan 112 y2 July 146% Mar 120 129 May 137 Hall Lamp Hamilton 5 Co Paper Rayon common.. Class 1 Apr 2% V< preferred Henry Holt & Le 4% Mar Jun 9 26% 2 % 2% % 48 205 Mfg b'( Hoe Co 9% 19% 27% Oct a an 3 600 1% Jan 2% May 700 5% Oct 7 9% Jun 2,300 17« 10 21'A 3,000 Jan 16 6% July * 18% 18% 20 % 625 13% Sep Jan 9% July 13 Jan 14% 500 11% July 12% 12% 200 10% July 94 94 Apr 5J-,2 1,200 7 Aug 1% a 1% 6 7 12% 45% July 2,100 95 160 94 Oct Jun 70 100 8% Mar 1 (R) Co & preferred class A Holophahe Hormel Co A) Sep 11% Mar 22% Apr 8 % Mar 13% Sep 22% Oct 14% 14% 102 77% Oct Jun Mar Jun 12% May Horn & Hardart Co Oil & Inc & Manufacturing Co.. Refrigerator $2.25 pfd— Hurler's 10% Oct 300 2% July 3% Jan 200 3U Va July 2% Hydro-E.ectric Food 25 31% 325 32 Zinc Co common American _ 54 Oct * (Canada) coupon... * Registered Imperial T.baeco of Canada. Imperial Tobacco of Great Britain & Lone 25% Mar Oct 103 Va Oct Sep 4% Jan Jan 53% Oct 2% 400 2 Feb 200 12 July Co of 14% 14% 15 1,500 48'% 3 Vb 13 Sep Jun 7% Mar 3 Vb _ __ 26% 26% 26% 26% 26% 26% 10,100 North 3 '/a H OO cr 3% rH OO Apr Apr Apr Jan 16% Aug July 4% Oct 18 Vb Mar 28 "A Oct 1,000 18 Va Mar 28 Va Oct 11% 11% 11% 1,000 11 Va Apr 13 Feb 11% 11'% 550 8% Jan 11% Apr 102% 102 102% 540 98y2 Jan 103% (Texas)_; Lynch Power Jan Jan 7% 7% 7% 400 6'/a Jan 8% 18% 18% 19% 1,500 16% July 4% Aug 22% Jan 7% Jan 12 Vb Feb 14% May 116% 113% 117% 1,050 99 Va Aug 120 $3.50 International 15 VA 16% 4,500 10% Jun 16% 21% 22 VB 1,700 15% Jan 24% Apr 11% 11% 200 9% July 12% Jan 25 25 25% 360 25% 25 VB 25% 9,500 9% 9% 500 14 n 24,100 128 131% 200 113 115 375 33 34 11,400 Registered 12 y2 Aug .in * Machinery Metal 50 Industries Petroleum A _ shs coupon 14 14% 14% 80% 82% » _ International Products International Safety Razor Investors Iowa 10 Royalty Pub ic 3.90% Iron 82% 550 Public Stores common B) Co Service Air Chute Italian Superpower Corp For _ tootnotes — — 68 July Mfg Co Communication Marion 11% 12% 12% 12% r>% 13% 13% 13% 1 1 1% -1 McKeen G) (A McWilliams & Co see _ com page 31. 113 33'A 22 July 7% July 14 29% May 28 % Sep 27% Mar 28% May 10% 1% Oct Oct Feb 14% Mar July 105 92 % 26 % 152 Mar July 131 Mar 347/8 May Jan 113% Mar 111% 100 xllO Oct 14 3A 900 12 July 12 12% 2,500 12 12 % 200 11% July 15% Mar 15% 15% 200 11 % July 18 Aug 29 29 July 31 Mar 34 % May 41 111 14'A 147/a Textile Apr Corp common Petroleum States Midland Corp Corp $1 conv Steel Products— Midland dividend non-cum Co 36 36 Apr 38 7% 8 800 6% Mar 11% July 27% 12% 12% 12% 2% 2% 2% 6,600 1% 500 4% 1 preferred—* ~8% * 50c -10 Mid-West Abrasive 9% 8,100 6% 9 6 % 500 _7% 110% 5 Apr 5% Jan 8 3,000 6% 9 Vb 200 7 V2 1% 14,300 1 8% Apr 1% Feb 8 Oct Feb Aug Jun Jun Sep Mar 55% Mar July 9 7% 3 % 10 10% 49 Jan Jun 9% May * ~1% 9 6,700 1% July '' Feb 7 9 May 9 8% 12 10% 12% 3,000 7Va Feb 12% July 13% 13% 13% 6,000 8% Feb 14% 9 % May __ -- -- ...... 26 15% 26 14% * shares common 17 Jan 108 Vs Mar Oct 10% May Jan 7% common Oil Aug Feb Jan 10,600 2.50 * 10 1 preferred 8% 6% 18% 200 ■ Sep Jan 4,400 8% Oct 2% 1% Aug 35% 35% 1 25c 15 1 — Hone 100 3,000 73A 34% 100 Michigan Sugar Co common Micromatic 2% 7% preferred Michigan Bumper Corp Michigan Steel Tube $2 27 38 8% 37% ——_______ Co Iron Midvale 30 12% Jan 1 T preferred A 2% Scott Corp— Participating 6% 15% 8% 1 Co— & Warrants Metal 12 * Co Mfg Merritt Chapman & Mesabi class B__ Dredging Johnson Menasco £1 10 * * Ltd common Midwest Oil Midwest Piping & Supply common—* Mid-West 4 % Co____ 1 Refineries Wohl Co common convertible % Molybdenum Corp Monogram Pictures common Monongahela Power Co— 4.40% cumulative preferred 4.80% ' 1 1 100 pfd series B—100 cumulative preferred series C Society com class A 15% 4 4 23% 24% 30 * * 24% ~3% 30 __ 50 2,500 100 1,000 12,100 5% 5% 2,300 30% 15% Sep 10% Mar Feb 23% July 26 12 Apr 17% July Jan 4% May 3% Jan 20 31% 7o 10c Mountain Producers 10 Mountain States Power common * Mountain States Tel & Tel 100 Mt Vernon-Woodbury Mills 5 Murray Ohio Mfg Co—-—-—-—* Muskegon Piston Ring common 2.50 Muskogee Co common 10 15,400 22% July 1% Feb 24% 30 Sep 38 38% 8% 9 2!4 8% 2% 99 99 99 Oct 7% Aug Apr 32% Jun 9 Oct July 5 29% 3% 15% 100% July 105 Feb Jan Sep Mar 43 Jun 6,100 6% Mar 10% Aug 800 1% July 3% Apr 150 50 34 97 Apr 105 106% 107% 2% 184 2% 181% 184 50 Jan 101'A July 107% Jan 101% 107% 1 Loan 150 3% 2% 100 4.50% Muter 8,700 1,500 101% Aug Aug 3% May 900 2% Jan 50 176% Jan 186 33% July 38 Aug Jan 3 6'A 36'A 100 _4% 4% 4% 1.800 4% July 6% Feb 17% 16% 17'A 1.30J 13% Mar 17% Oct 31 30% 31% 750 28 July 35% Mar 70 105% Jun 97 Feb 40 40% 100 24 Jan 41% 44 % 46 20l) 32% Jan 48 % Oct 600 7 Vb Apr 10% Aug 101% 102% 9% 9% 9% Sep 84% May Namm's Inc 1 common Apr 30% Aug National Bellas Apr 12% Oct National 12% Oct 14 Oct National Fuel 1% Aug National Mfg 1,200 ft Apr 1% July 2 Feb 7% Hess _ c__ _ cl A— » 1 88 Sep 95 200 13 Va Feb 18'A 2,800 5% Jan 9% __ 14% 14% 15'A 7% 7% 8 % » — % % 200 1 * Mallinson Fabrics 10% July % Aug 16 "8% P/a Breweries common common 16 8% 500 12% Feb 16% May 5,300 6% July 11% May * 1 Gas National Rubber National Starch Aug National Steel 2 4% 400 3% 3 3% 8.000 12 20% 31 % 35 11% 12% Sep 5 May 4 Jan 32 Vb Feb 19% Sep 75 32 Vb July 36% Mar 10% Jan 13% May 8% 9 10% May 7 Vb Apr 10 Vb 8% 13 12% 7% 13% Jan 15 Sep 1.9C0 8% Jan 15% Jun 1,200 7% Sep 9% Jan 2,700 8 ~8% 8% 8% 1,500 18% 18% 18% 1.100 6 % Jan 9 Oct 3% 4% 1.400 20 Oct 16% July • 1 15% Apr 1.300 1 1 Apr July 3 4,900 10 Ltd common 15 35 21 4 Co Machinery Products Car National Transit 12% 4% 3 15 1 & Stores common National Pressure Cooker common Aug 300 4% 15 25 preferred Mar Jan 8% N —10 Corp Jan 600 1% 50c Company common National Radiator 100 _ _ Jan 22% July 10'A July • Shovel Power Harris 6%% 1— Co 7% 24 y2 • 12% — Manufacturing v t Irving li 16'A May Co— __ — Apr 26% International Marine Massey Mead 5 10 1 * (The Consolidated .7% ' * B _ preferred Fireman » * __ _ 26% Oct M Nachman series shares — * 2 pfd Light $6 Corp National International Jun 15% Sep 700 . Hydro-Electric—• Preferred Sep '21% * & Mar 8% Louisiana Louisiana 5 12% July preferred A ctfs of deposit—100 preferred B ctfs of deposit—100 Land & Exploration 1 6% 15% May 5 % • i w Jun 2,400 1 Longines-Wittnauer Watch Co common ^ 7Vb 5 10 Long Island Lighting Co— Common certificates of deposit 7% 300 Jun America Cigar International Sep 6% 14% Jan 3 500 Jan 3% 7 15 % 80 1,100 Sep 16 Jun 4% 5% 100 3% 1% 8% July 30% 400 16 10 10% 1,300 —.—50c 3,800 3% Oct 14% Mar Jan Oct 7% 4,000 preferred 50 Mining Corp of Canada * Minnesota Pwr & Light 5% pfd—100 Missouri Public Service common— * 3% 15% Jan 14% 9 Miller 53% 3% 16 Jan 10 5 * Star Gas Co New 15% 15 Oct pfd__ 100 International x4% Jan 111% 11% —______+ Indianapolis Pwr & Light 4% Insurance 5 2,500 34 Jun £1 __ Ireland 400 3 Va July Industries— dep receipts registered- _£1 Imperial Oil 10% Apt- 8% Ward & Co class A Moody Investors participation pfd Morris Plan Corp of America. Illinois 10% July 900 .—* A Chain Steel Montgomery Imperial Chemical 2,700 10'A 3 Vb iiV Jan May x4% • B Class Locke Monroe * 12% 10 31 100% 15 Jun 12% 10% 22 Feb 3% 2% 8% 12% 3% 5 Va u July 12 Va Mai- 167 53'A 14% Jan 300 Oct 99 2% 11% 11,800 14% Feb 100% 15 32 14% 46 106% 53% 42 Jan 2% Jan' Apr Feb July 14% — 9Vb 6% Aug 33 21 1,400 May 42 % 18% 5 1 Sep 1,700 * Products— 20 Vb 156 45% Oct 107% May 2,100 1,300 Jan 25 % 1 4 13% 23 _1 preferred Securities 17% 19'A Feb 300 45 24% * common Hygrade 7% July 44 45% __5 convertible 1st 650 * Refining— Lock Hurd Hu.-sman Oct 10,400 5 common Oct 8% 10 100 Harvey) 6% 9% July * common Jan 6% July 44% Mar * preferred Humble 2% 15 Baking 3% 54 43 * Co__ & Hardart ( 300 * & Hubbell 1,800 8% 9% 10 __1 common Horn b'c _5 6% 53 __10 Mines Inc iGeo 6 8>A 6% 10 . Hollinger Consol Gold Hohy Stores Inc.. Horuer's 1 common convertible Inc class Groceterias Loblaw Manischewitz 1,200 27 6 Vb 1% 6% l 2,500 Jan Oct Feb 14% Sep 12% 16 * G) Corp common Lit Brothers common Marconi 600 14% 1 1 common (R Tourneau Mapes 6 Mar 9 5 Lionel Middle Htgbie Realty Lefcourt Mangel 55/a Jan Aug 103% 2,500 5 University Extension Salle Sep 7% common. La 18 ■ 9 10% Mar Sep Jun 21 1 Foundry & Machine Lamson Corp of Delaware Lanston Monotype Machine xl4% July —.• __ 9% 112 1 5 Ltd Mines Shores 5 1 Co 5% * 3% 4 1 33 %c __ Lakey Service 12% w w Co Lake Maine 108 — __2 _ Inc Apr 150 11% . 10 Company Apparel L'Aiglon 112 700 47% 100 Laclede-Chr.isty Jun 10% 12% : 35 28% 8 ia Co 7% common 34 27% 1 - _ Mackintosh-Hemphill 10% 8% 8 % 27% Oct 12% preferred _ Co Forge Feb ___5 common 20 Feb 108% 103% 21% 107 34% — 10% 47% * 106 106 1 5 Jan 28 % ___ 300 — 46 % 9 10% 900 50 Corp (The) Kropp 15 200 11% • Rubber Co (IB) Hotels 14 16 common 31% 1 Co bl2r/c 22% May Jan Sep July 10% 13% Ltd Co M Co 38 Vb July 25c A Heller Emil) 21 % Juiy 1 Co__ Rubinstein He ena Lake G Klein — _ 400 2 — __ Kirkland (D 4% 108% 3,200 16 1 Petroleum Kleinert 19% 84,300 90 7% 110 _» — _ Kingston Products Kirby 7% 18 11% —100 County Lighting common.. cumulative preferred 4% King Seeley Corp 1,750 _1 . _ 156,200 28 j. CorpDept Stores common Mining preferred 2% 5 Hazeltine n Jan Corp— 46% 25 Light Harvard Brewing Co Hastings Mfg Co Hathaway Bakeries Inc Heai Jan 109 5 Co 25 Va 1% * common Electric Hartford Ltd- * & 25 25 * Co_ Bridge Hartford Heeia 3% Feb H Hammermili 2% July 110 5 _ common (Walter) 45 2 __ pfd—100 Alabastine & 38'A 250 138 134'% 134'% 100 Paper Western Sep 8% July — • Great Apr 6% July — — 11'%' 136 ,_* preferred— Great 4% Tea— stock common — 10 11% % Apr Aug 50 Jun Sep 22 Va July ' Rapids Jan 74 ♦ Manufacturing Gypsum May 109 19% __* preferred Consolidated Gulf Oct Feb l B A Goldlield Uriesedieck 300 Feb Oct 100 * common class Goodman 1st 14'A 14 50 m Inc 2% Jan Jan 50 14 Class- B 7 'r % 107% 107% 107% 25 __ Inc Sugars prior Jan 24% May Feb 5 Distilleries Union 37/a 3 % 19 * Krueger Brewing Co 8% 1 Mines Co_____ Coal Globe 1% July 6% 7% pfd_ —100 4]/2% Co Kobacker Stores 8% Sep 1 Oct * Gold common Gladding Great 8% ♦ C) Co Gray May 100% 3% 3% * Corp Gilchrist Grand 4 "A 23 % Mar 10 ♦ Ye.lowknife Gcrham Sep 103 103 20 $6 preferred $4.50 2% 7% 50 _5 common General Godchaux Apr July 5% July 2,500 8% 50c Glenmore Sep 6% 300 l A__ Adv 8% 8% 8% 10 Corp common series Plywood Corp common Alden 200 4,400 8.10J 17% Corp Gas & Kawneer Knott £1 reg General Glen 2% July 8,600 22% 100 iA 1V4 Mar 25 pfd Gilbert 6% May 90o 6 Outdoor Giant Jan 6% 5% Fireproofing Gerity-Mich 9 5% General S5 Sep Jan 6 % "2% Oct 89 % 4% 1 com 16% 97 10 6% General conv 13% July Jun 2,700 Ltd— ord Finance 97 * Corp preferred Supply -Electric 16% 97 1 Corp Co preferred b'c 15% 16% 1 common convertible General Oct % 5% 18% K Kaiser-Frazer Key 100 Gellman dep 5% 18% 2 4% 15% Feb 800 9 Kings Amer J) 1 (N Oct 133,700 12% 8% 5 Co iya 1% 12% 50 preferred V2 July % 12 % 1 common preferred General Jun Jan 2% 5% Co common Kokenge Co 4%% 5 'r High Oct Kimberly-Clark 5% Low 17% common Sulphur Stores Preference Kidde Gatineau Range Since January 1 High 2% Glass Jefferson Oct 22 3A 25 , 3% Aug 21 6,800 53 Low Jan 76 1% receipts bearer— Co__— convertible Fuller 50 — Shares France— deposit Franklin Simon & Co Inc 4' 2% * * . - Brewing (Peter; 30 — 28 9 30 for Week Julian non-voting B American Apr Canada— A Class Ford July 2% 1,100 Range of Prices Par Jim Class Fort 55 120 3% ' 1 - 62 3% Last Sale Price High Low Ltd— deposit rets ord reg Motor "3% Sales Week's Friday STOCKS New York Curb Exchange Range Since January 1 High 61% 10 cumulative H) Motor Ford (Phila) Corp dividend S2 EXCHANGE OCTOBER 20 for Week Sale Price FOR WEEK ENDED Sales STOCKS New York Curb Exchange CURB YORK NEW 24% Oct Jan 4% Jun 18 2% Oct 29 30 The Commercial and Financial Chronicle (1558) CURB YORK NEW Week's Friday Exchange for Week Shares Range Since January I 11,000 2% Jan 3,600 24% Jan Low 30c Union Radio National . Neptune Meter common Nestle Le Mur Co common— New Jersey New Mexico New Park Mining Co_ Co % Mar 6% Feb 102 % May 3 Sep 7% Oct 6,600 7'/4 7% 3,350 .3% 66 % 64% 68% 4,500 49 Mar 68% Oct 9'/a 9% 10»/« 4,200 7 July 10% 1% 1% 300 x70 Process York common • New York & Honduras Rosario York Merchandise 10 York 200 26 800 10 New 25 8 26 New x70 8 8 25 % 9% 9% 200 18% 18% 18% Jun Jun 1% 59% Aug 76% 1 22 % July 31 Feb July 13 2,100 16% July 20% 7,900 13 % July 17% Mar 14 14% 1,900 10 12 12% 4,400 l.V 1,800 15% li! 1 15% 49'/« 1,500 « 5% 4% 5% 1,800 19% 18% 191/2 900 48% preferred— 50 Securities— 3% Northrop 50 Co RR Pub 4'A% Serv Inc Aircraft Corp Novadel-Agene pfd—100 1 89% 15% Jan Jun 14 Aug % Aug 1 July 9% Ag Jan 49% Oct July 5% Sep 10% Mar 20% Sep 2 Jan 2% Jan 10 84% Jan 97% July 4 Aug Co Ave 15 93% Ohio 4%lL Power 6% Jan 10 % United 300 13 % Aug 18% class 400 .10 111% July 30 % 1,800 27% July 37% Jan 9 % July 13% Jan 6% July 12% Oct 1 11% 5,100 41% Jan 49% Consolidated Petroleum * 4% 4 % 4% 1,400 3% Mar 6% Aug 1 7% 7 7% 2,800 6% 7% Sep 21,100 10% Jan 27% Oct 9,400 29% Jan 54 Oct Ryerson & Haynes common........ St Ltd Lawrence Corp convertible 1st United Oil Inc Schulte (Del) Inc (DA) Steel Securities Seeman Co 49 - Shoe Selby Co Sep 10% 18% 18 % 150 16% Apr 18 % aun 22 25% 2,200 16% Jan 25% Oct 15 15% 1,100 9% Jan 16% 1 — 1 - Shawinigan class 4'i Electric 6% Pacific Gas & 5 %% 5% 1st 25 1st pfd Co Lighting div $4.40 Power & Pacific Public 1st Light (C Panatapec Oil Paramount Parker (C 34'A 28% 29 300 28% Oct 32 29 29 Smith May Solar Water & 29% May Sonotone 29 29% 1,100 28 Jan 29% May Soss 28 % 28% 1,300 27% Sep 29 % 103% 101% 103 7 ft 101 ♦ 15 7% 75 102 6 Apr 4 1% 100 15% July 18 'A May Jun 16% 100 1 Jun 2 Va Sep 1% 1 % 12,800 12 July 14 % Jan 13% 50 4% Jun 30% 80% July 92 350 88% Jan 95% Mar 89% 89% July 1 ... _ Power. 3 % 3% 300 3% Jan 9% 7 4,300 % Jan 2% Aug 1 % 1% 1 % 6,600 11% Apr 13% 13% 13% 800 100 " class A 4% 65 3,700 107% 107% 2,100 4% 800 20% * 4 4 t v Oct 69 % Jan Apr 109% Feb 15% July 19% Mar 15% Jan 21% Aug 3% Mar 19% Oct 5'A Aug 4> 30 30 30 5 200 5% x4% , 28 100 - __ 267% 262 265 270 % July 245 £1 July 3% Oct 32% Jan 46% Sep 17% Aug 0 — — — ~ Corp 4% South Southwest Pa Pipe Line Southern California Edison— original common. 12.50 _lo ; preferred 13% Jun 4.100 2% Jan 5% Apr 1,500 8% Mar 10% Jun 4% Jun 10 4 23 600 35% 1,400 20 ' — 4% 35 . Oct 5'/>. 9% 5,900 4% 4% 9% — — Jun 14% 13% 14 24 3 Jan 25% Feb 36 Sep 140 14 Jan 24 Oct 48%. Jun 29 %' Apr 46% 46 % 100 43% 15% Jan Sep 4.88'/ cumulative preferred 25 27% 27% 40Q 27% Jun 25 Jan 4.56% convertible preference 25 30% 30% 400 29 % 38% Apr 45% Sep 4.48%' convertible preference 2% Feb 3% Aug 4.32%' cumulative preferred 4.08% cumulative 2% 5% 5% 3 22,700 6 13,700 28 % 11% 1 29% 11% 5 Parkersburg Rig & Reel 4% 12 400 1,600 Apr 7% Jan 17 Feb Southern July 29% Oct Southland 9% May 12% 25 25 -W ....25 27 I25 preferred. 28% „ 25% 28% May 100 25% 33% 700 27% 25% ■ 29 27 ■ July 27% July 25% July 2,100 20 Jun Pipe Line 1 Royalty Co— 5 — — 3% 3% — 100 3% 26 Jun 1,800 47 46 % 47 32% Jun 31% Mar Sep Sep 15% 1 Mar Aug Aug 2% * 325 2% ♦ Corp 7 % Apr 21% Aug Aug July Amer shares A) 31 % May Mar 4 2,300 21% Co 7% May Oct Publications— 14 100 Sep 25 23 c Co.— 5 % Aug * 15% Sep 10% Mar Feb 106% 30 21% n Apr 51 200 03 % 63% 24 14% 19% July 2,900 23% u Canada 2% 4% 4% 25 4% Mar 9 % Mar _ ... ... of 50 3% 6 % 5 preferred Oil Jun Mar 7 1 Manufacturing common Coast Corp common ■ Penn Oct 2,400 common 105% 105 3% 13% O 107% May Jan 25% Jan 9.800 _ Sep 98% Jan 1% 3 JH . Sep 102 101% 44,900 July 13% 86% ... Ai Aug 525 400 103% 101% 102 2% Mar 1 % 7.200 3,700 16% 1% , South Mar 28 2,000 2 29% V of America Aircraft 28% 200 3 Sep 251% Jun 29% pfd—100 5% common A) Motors Pen 37% May Sep ♦ Page-Hersey Tubes common Oil Sep 31% 29 * preferred Pancoastal 34% 700 Apr 3% dep 28% 1 Service $1.30 2,400 32% 3% 28% rets ord registered.. (Howard) Paper Mills —_ Amer 25 Ltd Pacific 36% 32% — Aug 1 __ Mining convertible $3 Feb 35% 36% 2% 1 . Simmons-Boardinan 25 $4.50 preferred-. preferred cum Petroleum 9% 1,100 3% common. 25 preferred-—— 5Ve redeemable 1st preferred 5% redeemable 1st pfd series A 4.80% red 1st preferred Pacific Jun 700 Oct 2% 17% Silex 25 1st Pacific , preferred——————25 6% 8% 8% 3 % 86 common preferred Feb 29% B Sherwin-Williams Shoe Corp 1% 5 Inc Sneiwin-Williams 5,000 1% .... Radio Coip common Denn 3 % ...25 stock. Leather 2% 2% July 22% Jan stock Corp Mar 13 1 common. certificates B) ' 24 % .1 ... 1 2% 2 24% _ Inc 1,100 2% 3 * ... __ 2% 2 » Co (R 54 « $5.50 Oct 5 common Sep 2 _ Convertible Seriler 27% 50 .1 . common Inc prior 25% 3 Co common Industries Allotment 26 52Vs> 1 - .... Segal Lock & Hardware Selected 1 __ _ _ __ Corp General. Bros _ common Fisher Brick & Scullin common preferred Corp ... Can Sep Ryan Simplicity Pattern common Simpson's Ltd class B Singer Manufacturing Co... Singer Manufacturing Co Ltd—• Pacific 8% Aug 5 Jun 115 25 15'% Amer shares— O'okiep Copper Co Ltd Overseas Securities 29% ft 11 * 18% 1 _— Jun 1,700 Seton 1% Mar 500 ' — Olympic Radio & Telev Inc.———— 1 Omar Inc 9% 8 Sentinel % 29% * B— Apr Apr 7% Jan 49% 49 113'A 113% 49 % 100 Gas———_—15 Filters Aug 14% 7% Apr % « common preferred Natural Oklahoma Oliver B „ 11% Feb 1 Shattuck class 10,900 Co Feb 6,700 O 50c Co High 8% July 500 12% Aeronautical Serrick Brass 10% 12'A 7% x7% 10 12% 1.25 common—.; Sentry Safety Control...... Ohio how 10 ♦ —. Range Since January 1 High 1 common Ltd. Low Ryan 103% May 8% 15% 8 '/a 8% 43% 1,900 100 99% 101 99% * — 3'4 k 89% 3% Ind Fifth Sayre 12% 5 Penn Russeks Savoy 14% American Rayon $3 Northern Corp Oil Apr ' North (The) Rowe Royaiite Jan 9 15% 5 Utility Shares Sep 1 American for Week Feb 8 • North Sales Range of Prices Jun Feb 7 5 North Exchange Par Samson Shipbuilding Corp— 1 Monday, October 23, 1950 Jun New Co Jun 2% —1 * . common—— 5 % May 89 Oct 45 5% New Auction 100 600 Apr 2'/4 Arizona & 5% 5% 2% preferred———20 ———.—-—25 Land™. 1 convertible Zinc %% New 98 98% 45 New York Curb High Low 99»/« 5'/4 1 England Tel & Tel...—.— 100 Haven Clock & Watch Co— 1 New 4 —— 41 \'i 43 % ,~5 — STOCKS High 4 % 4 4 '.8 Week's La^t Sale Price Friday Range of Prices Par . EXCHANGE Sales Last Sale Price STOCKS . WEEK ENDED OCTOBER 20 RANGE TOR New York Curb . Feb Aug 4% Jan 54% Aug ' Patohogue Plymouth Mills.. ♦ Patican Co Ltd 2 Peninsular $1 Telephone cumulative Pennroad Gas & Penn Power Penn Traffic Penn Water Pep Light 4%% (The) Boys 750 24% 800 12 12% 2% 3 12% 3 23,800 200 110% 110% 75 2.50 5% 5% 5% 1,000 * t Apr 3% July 57 Jan 4% Apr 36% 36% 37% 950 39% July 48% Feb 23% Aug 26'A Apr 27% July 43 % 24% 100 Co Power 4,400 41% 43 * com pfd Co & 4% 25 1 common.. Electric class A & 4% 25 preferred—. Corp Penn r. ^ ♦ common preferred cumulative $1.32 40 t 29% 9% July 2% Feb Mar 4% July 30% July 12% Oct 5% Standard Brewing Standard Cap 5% Oct 40 % Jan 3% 3% 200 2% Pepperell Manufacturing Co (Mass)-.20 67 66% 67'% 300 53% Jan 67% 15% 15 15% 1,200 11 Jan 18% Sep Circle Pharis Tire ___1 Corp & Standard Oil Standard Power Gold Piper Ltd & % 20% » 7% 6% 10c % 4% Ltd Corp 1 Erie Scale common Lambert Pressed Co Providence Public Puget Sound 900 3% Sep 4% 25% 1,000 Apr 2% 2,700 59% 1,190 1% Mar 52 Jun 33 % 1,800 18% Jan 4 Va 100 3% Jan 17% 25 4% 2,900 8 % 19% 20 35% 35% Feb 1% July 14 Jan Standard ot'-'-ett 3% July 61% 35 4% 18 Sep Sep Sep Mar of Co -pCl Stein (At Sterling 3.200 M) 3% July 6% Apr 14% 95 150 Jan Mar 5% May 8% 20% 98 Jun Oct May .2.50 12% 12% 13 600 13 16% 16% 16% 800 11 Va Jan 19% 3 Va 3% 4,400 1% Jan 3% (Hugo) Corp Shop Inc Superior Tool Mar Jan 10% Sep 6% 2,70a 4% Feb 7% Apr 3% 3% 1,000 2% Mar 4% Apr 4% — 6% 5% 3% 800 5 4 6% Mar 800 July 25% 1,500 16% Mar 26% Oct 24% 350 21% July 25 Jan 13 % — 14% 26% 24 26% 14% 1,000 10% Mar 14% Oct 7% 7% 100 7% Feb 8% 2 2% 2,200 % Jan 2% Apr 5% 5% 2,100 3% Jan 7% Apr 19% 250 14 % Jan 20% Jun « — " 19 1 19 2% . 23 3 1 Corp Jun 22% 13 Jan 24% 400 4 3 21 Apr 3% May 15% 250 4% . 1% July 500 2,200 S:p Sep 500 Jun 6 Jan 17% July 200 3 20% 21 .— 23 4% _25c Inc 21% 21% __ 2% 21% 2% 5 Cement, Die Co.. & Oil * 8% 8% 100 7 8% 8% 200 8% 104% 104% 25 Mar Oct 37% May 10% Mar Colorado— 24 Jan '/a 2'A Jan 8% July _15 3% 11 Apr Aug 0 22 20% 22% 1,300 5 com common 13% 12% 13% 900 8% 8% 200 lo 101% July 14% 105 May 128% 100 „ Quebec Power Co. 126 128% 156% 157 1,060 * common 22% Sep Thew 13% Oct Thiokol 9% Oct Thor 40 July 154 130 Sep Jan 160% 18% Oct Co 35% 35 35 30% July 400 Inc Realty & Inc ... 25c ... _ — Construction & .... 36'A Apr 1 A^r Jun 300 13% Feb 6% 3,500 5% Oct 1,600 9% Jun 14% Feb 14% Sep 18 Jan -- — -- 7% 7% 15% 6% 3,000 — July 12 % Jun 75 1,100 14% 15 26% 113% 13% 6 12% 1 Oct 18% 18 6 13% « Stocks Allied 110% • 1 5 . 16'A July 13,300 ' ■ 5 ..... 23 21 23 0 pfd common Markets Roofing $4.56 .... common.. Corp Tobacco _ _ Jan 19% 8 Oct Aug 8% Jan 15% Mar 115 Apr Jun 13% Mar * Light Corporation Tishman « common & Shovel Feb 10% July 6% Jun 95 Inc Power Texas Tilo * common.. preferred Co ■ 100 Timber & Electric Tampa Technicolor preferred Thorofare 6r/r. 7% Mar 173 9% 5% common Portland Finch Jan July 9% — — — 140 160- Oct 8% Mar 2% common. & Co Superior Swan 3% 164% 167 Jan Feb May 1 Co common—... Drug 3% 40 Jan Aug B Manufacturing Quaker Oats * ♦ — Stinnes Ray 5% 1 Co (J B) Sun 11,400 11% Sep 8% 5 ... (S) 5% 3% 18% Jun 1 com ordinary Products Stetson Stop & 5% Sep Jun 8% July 33% July 2% ___—1 Engine Inc 1,700 1 Sterling Brewers Inc ^Sterling 39% 1 common.. Aluminum Sterling 38% 15% May 23% May Oct 1 Co. 39 Corp 1 Jun Jan Mar 16 9 % — 2 % 70O 164% B Oct 19 2,400 1 Canada & 2% Oct 3% Aug Jan 7% July 600 11% 25 % 5% 400 4,40(1 21 Mar- 2% Mar 3% " — Corp 1% 10% 1% 9% 2% —* class Tube 10O 10% Co 1 (The) Stroock ♦ Co B—_ Products 16 1,100 11% common.—1 preferred $7 Standard Oct Jan 17 America.: class of Light & class Common 10 (Ky) 8% Aug Jun Nevada. of Pulp Py'.e-National Jan 30% July 9% Jan cumulative Pyrene 2,000 2% 8% 8% _* Gas Service 4 % % 4% 22 _100 common Corp of Prosperity 1,900 % 24% Mar 4 3% * Co Inc Metals Producers 7% 17% 3% 2.50 common 1st preferred & Jun 4% 4% 25c Corp of Canada 6% Jun 32% 33 lo common Mining Co. Powdrell & Alexander Pratt % 17% 2% 59 1 Metallurgical common Valley Wine Co Prentice-Hall 200 200 21 58% 2% 50 ... ~2ft 2 1 common Lake 21% 5 Power 4% 1 Pleasant Pneumatic Sep shares Pittsburgh Polaris % ; % * Amer Mines Aircraft Pittsburgh 50c common common Johnson Pioneer 4 K. Governor Pinchin Jan —__2o —1 33A 5% 20% 1 common preferred Fprgings Corp—-— Standard-Thomson Rubber Philadelphia Co common Phillips Packing Co Phillips Screw Co Pierce 3% 2.50 Dredging Corp convertible $1.60 Standard Oct Perfect Standard . 9% 1 lo — 900- 3% 5% 3% 2.78 common preferred 25 24% Wmm * * Co Seal & Convertible Apr 113% May —5 A Inc Stahl-Meyer Jan 107 Queen Corp conv class Shoe Corp— topeed Spencer Tobacco Security Trust Co LM— Amer deposit rets registered.__£1 ord 5% 5% 300 % Jan 40% 41% 300 33% Jun 2% __ 4% Aug 2% 100 5% Oct 1 Apr ' deposit rets def registered. —5s Todd Shipyard Corp common —20 1 Amer ... R Railway Rath & Utility Packing Co Raymond 10 Raytheon 10 preferred Reading Tube Corp class A a Pump Co Reis & & rL Engineering For 27 Feb 24 400 20 Oct 8% 9 % 16,500 4% Inc pfd F common 58 13% Apr 400 3% Aug 5% July 7% 1 1% 3% Feb 5% 35 X34% 1% 36 2% Apr 2 37 100 99% 23% Jan 32 Sep Ulen Apr Unexcelled Chemical Gas of Union Investment 2% Mar 3% 2% 12,600 2 Jan 2% Apr 99% 160 97 July 102% Feb 25 98% Jan * 5 Electric Steel Co see page lo 31 — 8% July 10% 10% 500 10% 10 Va 10% 2,300 33 32 33% 5,100 2,300 3,600 2% July 20% 2,050 16% July 16% Oct 4% 2% 17% 17% 25 1 18% 18 % 19% 6,200 « 18% 18 19% 1,100 — — 8% 1 % Mav 6% Oct 3% May 20% 26 Oct Mar Jan 20% Sep 11 % Mar 20% Sep 1 % Oct 4% Oct 46% May U Realization Rights Union Corp 10c Corp 5 Canada —4 CoJ Co 2,600 2'A Mar 16% 2,900 IIV2 July 8% 900 rl/64 ft 7,400 7% Jan 32 16 % Mtr 9% May OCt 32 Oct California— preferred series A T r_* Stock Yards of Omaha.._—10o 9% Apr 11% Aug United Aircraft Jan 12 % Sep United Corp warrants 22 % Mar 33% Oct United Elastic Union 4% 15% 7% rail of % July , 4 4 16% 4 — Oil Mar 9 6% 2% Mar 4% 3% 19 ' Oct 100 Jun 19% July Jan 2,400 Jun 105% U Mar Sep % 2% 2 common preferred. 27% 30% 3% Feb 0 700 2% Feb 101% 800 12 4% — ... Works 450 30% ~2% 1 1% 75 1 1 1 0 _ Lamp convertible 80c 1 1 ______ warrants Corp Union _5 5 common Corp — 1,800 103% 104 100 preferred Nevada. 47% July Aug $3.75 Inc footnotes Inc Tung-Sol 5% Mar 600 1,000 receipts for ord reg__£1 Cprp Lux Temper Feb Jan Ltd— Field True of 2% 70c Corp 4%% Mining Tri-Continental Trunz Jun 6'/a Royalty Edison Tonopah Trans Apr 4% 1 c Elec Pendleton America!) dep Rotary t v Rochester Gas & Cable July 23 1% Valley Gas Co— (Texas Corp) Rome Jan 29 6% 1 Roosevelt 28 Jan 5 Radiator. & Jan 4% Richmond Royce Jun 24% 21 6% * Rolls 1% 75 5 Inc Roeser 500 1 Co Electric Grande 2,400 1% 1 Rice-Stix Rio 28% 26 54% 9 6.25 Co (Robert) Reliance 1% * Manufacturing common——5 Shoe x24 % 26 • 23 Red Regal x24% 1 A common poncrete Pile common convertible $3 Investment Toklan Toledo Railway & Light Securities— Voting common 41% Products Corp 725 99% 100 100 64 * 3% 4% 22,200 332 common—50c x98% May % 51-m 54 ojU 72 Jun 2% Mar 4% July 18 44,700 51u Jan 101% Aug is 23 . Jan 54 Apr Jan Oct Volume 172 Number 4953 . . The Commercial and Financial Chronicle .. NEW (1559) CURB YORK EXCHANGE RANGE FOR WEEK ENDED OCTOBER 20 Week's Friday Sales Last Range for Week Sale Price of Prices Shares United Milk Products United Co deposit rets United NJ United RR Sharing preferred J .' __ U — 100 ' Air S Foil and International $5 1st preferred with Conditioning Radiator S 42% 41% 40'% 42 15% 16% Corp 10c 1% 1% 21% 3% * warrants Products __ _ 6 Me A 7s Mar Altalian Venezuela 275 Vogt, 3Vs preferred 600 Jan 7 Sep 2% 1 1940 Apr 40 Feb 24 6% $2 Ward 3s mortgage Wentworth West Co 3 Vis 2% Feb 3% Apr 50-year 6% debentures 1998 Queens Borough Gas & Electric— 4,800 5 Feb 20 68 Feb 37 27 300 7% 4% 10,600 2% A6V2S with A 6 ex %s 1,200 12% Jan 3% Mar 1 series A Harbor Water 3 %s A series 1st and ref M Counties 1st motrgage $6 Tablet 1% Jan 1,000 5% July Jan ~i% ~1% 12% 1st pfd 13 250 1% 2 8,700 6% Stationery 5% 6% 6,400 3 % 8% 8% 8% 1,400 10o 112% 112% ' 185 * 115 9% Feb Apr 3 9% Aug 20 111 Aug 114% Jan 30 157 Jun 200 Oct 250 24% Westmoreland Coal 20 27 Apr 37 Westmoreland Inc lo 18% Apr 21% Mar 50 17 % Feb 24 400 14% Jan 24% Mar Shoe Mfg l Whitman Wichita (Wra) River Wickes Williams Willson C) & 5% Winnipeg 1973 B Co„ Industries Woodley Petroleum Woolworth (F Sep 9% 9 1970 9% Jan 3% Apr Hargreaves 300 12% May 2,200 40 15% 16 1,300 13% 13% 100 4% 4% 300 15% 8 4% 2%s ♦ 1 ►-» 1% vW ce> 1% Interest 13 35% A5%s 3%s Elec Sale Pi ice 1964 16% Feb 14% Aug• 1 Quar-Feb June-Dec 1% 1940 Cities Service Co July 2 A7s ex Dec April-Oct > & Lackawanna 1st Western of Jan-Julf Jan-July 1977 A 5s Dec 1 income N Sold Jan. I No. High 106% 1 103 % 106 Western 6s 1947 101 debentures Traction 5s 1954 f s 1960 Ercole Marelli A6%s ex Elec with A6%s RR Nov Nov Mfg 1 1 1959 ACauca 5s stamped Green Cons External 5%s External 5s Danzig Mtge (Ool) ALIma 104 Va 117% Maranhao 28 126 91% 102% 100% 100% 100% 60 99% 101 Va Western series A (coupon A6s 101% City AEx-coupon 64% 65 % 15 52 50 51 % 20 36% 52% 102% 103% 7 99% 103% All issues A6%s A7s 1953 May-No® $56 May-No® 1953 118% Parana 57% 102% 102% 1958 61 E (Aug series A7s 102% Rio 104 Va 55 40 45 $40 44% 33% 44% 1 1955— 1941 1941 (July Sec— Bank , 76 $76 $76 __ $54% — $85 Chile of coupon) de 2 %s Janeiro of) 1958—Mar-Sept are Jan-July 76'% 1952 the $35% 33 — 6s 50 v*. •- 50% 52 49 37 49 $80 85 72 91 $36% 36% 31% 37% —June-Dec June-Dec 1931 1972 5s $52 49 Mar-Sept 2% to 25% 27 27 38 2% 53 1% 3% 2% June-Dec ♦No e par value, Deferred a transaction Odd-lot 2% 37 1% 3% delivery transaction (not included In year's range), (not included In year's range), d Ex-Interest, f Ex-distribution, g Ex-stock dividend, h Ex- Under-the-rule transaction (not included In year's range), r Transaction included in year's range), x Ex-dividend, y Ex-rights, z Ex-llquldating dividend. principal. n and asked prices; ABonds being no sales being transacted lor cash during current week. traded flat. 54 88% 55 86 55% 95 76 % 80% 20 54 92 33 i3 56 95% tive; "conv," convertible; 80% 41 53 91% "w 1," 76% SReported in receivership. Abbreviations used above—"cod," certificates of deposit; "cons,"consolidated; ' cum, cumula¬ c," voting trust certificates, "M," mortgage; "n-v," non-voting stock; "v t when issued; "w w," with warrants; "x w," without warrants. Averages Over-the-Counter Industrial Stock Average Jones & Co. (35 Stocks) 20 15 Rail¬ Util¬ trials roads ities Stocks Total 65 10 Indus¬ trials 10 First Second Grade 10 Total Grade Util¬ 40 Rails Rails ities Compiled by National Quotation Bureau, Inc. Bond® Range for 1950 Closing Date— Oct. 105.71 94.88 104.15 16 227.50 69.30 40.53 82.59 101.75 105.50 94.86 104.01 41.65 Oct 20 Low 34.25 July 13 17 18 19 41.60 High 35.20 Dec. 31 20 41.65 Low 27.79 Jun. 15 101.63 Oct. 41.14 Oct. 101.73 16 Oct. 82.C3 High Oct. 40.52 41.26 Oct. 69.36 14— Oct. 227.63 101.53 18 2o._; 27 31 2% 2% Jan-July 1919J 1921 12 14 Oct. 18% 266 35% $34 Jan-July 2012 6%s Government Jan-July 1997 (Plan A) stamped reduced 31 Oct. 19 54 50 $52 April-Oct -Bonds- 30 Oct. 38 46% 38 $54% — May-No® ;to 2%s 2008 20 daily closing averages of representative stocks and bondi Indus¬ - 23 — 82 the New York Stock Exchange as compiled by Dow, _ 9% 14% 23 21 23 7 8 $7% — May-No® (ser ABODE) 82 76% 1957_ 1952 Date— 17 89 .< (Plan A) reduced 30 10 Oct. 95 66 75 June-Dec Denmark 83 78 .Feb-Aug -Stocks- Oct. 54 78 87 75 Jan-July 1951 82 78 1955— Stock and Bond on 71% 46% __ ♦ listed 76 71% — ' 2008 2%s 80 —June-Dec - coupon) 1941 coupon) Below High ,■ stamped 6%s of $Friday's bid 1957- F Jan. 1 Low No. 71 % 52 73 145 Jan-July Range Since Sold (Plan A) to stamped 7s (Republic Interest *70 Bonds High Feb-Aug (Peru) stamped Interest Peru $25 June-Dec Friday's May-No® 1953 Bank A5%s 1963 or Bid & Asked redeemed C (Dec series A7s A7s 11% series A6%s Week's Range 65 % 114 $113% 116% market Power 105 Loan— Bank of Bogota— (issue of May 1927) 1947 (issue of Oct 1927) 1947 A7s (not International 120 101 102 102 April-Oct ——Jan-July 1955 stamped AMedellin RR— on) 107% Mortgage Bank— 3%s & 97 106 116% — Waterways — AExternal 6%s stamped 1952 111% Mar-Sepl Power Guantanamo 91% 94% 108 Port & l%s to 1961 Mountain 94 June-DM Valley 7s 1948 Municipal Danish ARussian Residential Finland 63 104% 102% Mar-Scpl coupon 104% 60 $116% 117% Feb-Aup 1947 Mortgage Bank of) (see AMortgage 1956 coupon 100% 61 Union— debentures 7s Jan year Bogota Co— 1940 1947 64% Low Mortgage 1965 5s 49 59% 4106 Last 98% 117% 51% & 58 $25 1956 coupon Sale Price 47 117 102% Lt 38 $57 June-Dec Period 40 102 May Water 1 103% 103% 103'% May-No® 1956 coupon Interest 111% 102 % Jan-July Elmira 58 47% $25 BONDS 111 Jfay-No® 3%s 35 Hotel— Newspaper conv 101% 102 l/a 102% mortgage 4s series A 1993 mortgage 4s series B 1993 Fuel 1 Foreign Governments and Municipalities 173 103 % $163 Gas & 90 76 47% $57 Feb-Any June-Deo 109% 161% 103 % Low 15 High Division— J 100 89% 47% „ Mar-Sept June-Dee Penn A 20 RR— A 1st Eastern 1953 1953 coupon Washington Water Power 3%s 1964 A7s Lack "3 81 Co— 1940 1 Interest reduced 3s 103% 106% 47% Jan Range Since 107% 107 % Mar-Sepf 1947—1978 debenture 101% 105% 100 $78 — New York Curb Exchange Registered Delaware 100 April-Oct 1969— Service with 4% Feb . Bonds Bid & Asked 1948—Jan-July 1954 of 106% 3 102 $105% 108 Jan-July 1947 coupon 1 Waldorf-Astoria Authority— series 102 Sep 99% Transit revenue 103% Apr 3% Mar Friday's or Jan-July Corp 5s debs debentures Chicago 102 May-No® 1966 1946 Electric A 7s Week's Range June-Dec Bethlehem Steel 6s Aug 1 1998— Boston Edison 2%s series A 1970 States 105 % 7 104% 104% Industrie?— Aug Oct July 10% 7,900 Last Period 1970 3%s 108 104 104% Feb-AUf i946 revenue United ! Exchange Electric 105% 105 $104 — Friday 5s £1 Low ACentral 1970 1989 coll trust 5s stamped with ex 107% May 35 106 Friday City 109% 103 47 — 12% Mar 26 July 104% Mar 34 106 BONDS Atlantic 104% " — 103% 104% Oct 6,800 2 Appalachian Elec Power 3%& 103% $106'A Jan-July Agricultural Mortgage Bank A 20-year 7s April 1946 New York Curb 105% 102 % 165 4% Mar 4% 14% 34 Ltd 103% 14j% Aug 13% 4 106 , 160% 3 May 14 ♦ receipts 5 $104% 105 April-Oct Sep 12% July __ 61 55 Triborough Bridge & Tunael Authority— 22% Mar Sep 4% May 106 103% 103% 103% Ltd— deposit preference Wright . 100 pfd common W) 350 7% 4% Jan July 7% 25 4%% Inc American 6% 7% 15 104% Hydro-Electric Co— A6%s Oct 1 w_ Woodall 7% 2'A 100 - 1 common Lt 500 106% 6 Corp— stamped 2nd A6%s Oct 25 w__ & 9 ' » common x Pwr 3% 8% 104% $102% 104% Feb-Aup West 3% 5 _ w Elec Wisconsin 19% 10 ; Inc_ Brothers preferred preferred 24 19% 1 •_ Corp Corp— Products Wilson 5"!u <R & ^Co Oil (The) 24 5 Whirlpool Corp TernJ 28% Mar Feb 105% ~i 162% 162% — 103% May-No® Mar-Sept Mar-Sept Jan-July 1971 & Evos 5s (Hugo)) A7-4s Jan 26% 26% Stlnnes July 6% July 3rd Apr 13% '.% Feb 189 % 185 — (A G) A 7-4s Sep 2% 7% July ■ com 9% Jan 1 % Mar 2,100 107% 100 Gas* (Calif)— Corp Inc (Hugo) 3% July 1% 1 1.25 Maryland Ry 7% 1,600 109 "l% preferred— Western 2% 7 1981 3a 1965 3 %s Gas 3s Stlnnes 2% Jan-July 1952 3s series 3s Southern Jun Corp Edison California 6% 98 % $25 1973 Southern Spalding 2% 104% 104 $56 __ 1960 April-Oct Joaquin Lt & Pow 6s B Starrett ~ 69 Co— Gas Power Oct 4Y8 1 104% 105 104% April-Oot I960.. coupon coupon & 1952 Oct 16 1940 1947 1 Electric California Sep 8% Oct Oct Service Southern Jun 40 Feb 14% Sep 80 Jan 13% i w c Western Weyenberg 106% 104% 104% Jan-July Public 22,300 warrants & 106 105 $98% 101 June-Dec 1970 Sep 8% 30 t v Utilities 60% 102% Piedmont Hydro-Electric Co— Jan 8 _1 Manufacturing Texas 4 16 105% 105% Jan-July Pennsylvania Water & Power 3%s 1964. 63% 4% Inc Baking 69 $103% 104% 1964 3s 28% 8% » Co __ 1 $104% 105% —April-Oct 1971. 1st 2,100 7% — —April-Oct mortgage 3Vis 1968. 31% 4% 14 1st Lexington Jun 1 Co__ Watch 56% 102% 103 103 May -Nov July 20c Inc preferred- cum §Waltham 63 43 — 54% 68% Afar-Sept 25% 77 36% Wagner Baking voting trust ctfs ext—.♦ 7% preferred 100 Bond — 54 % -- April-Oot 1963 to Oct W & $25 Jan-July 1963 Southwestern Gas & Electric 3%s Waitt 98 48% 9 ' Mar-Nov 1952 coupon 6s 50 3% 77 4% mortgage Park Safe 7% * Petroleum Aircraft High 79 RR— at Power lst Sep 2 4% 3,800 29 3% 5 Manufacturing Waco Low $57 Gas Light 4%s 1967 England Power 3%s 1961 Ohio Feb Mar 1% Mar 400 57% Aug 4% 93 1% Mar 200 1% 22% Jan 84 __ 1 common Syndicate 87% Jan. 1 No. 2% May Jan 1% 2% July 2% 29 „ 5 _ New 89 56 -10 Vanadium-Alloys Steel Co Venezuelan Jan-July 87 1952 Milwaukee Jun 15% July 1% 1% -10 — common Jan Jun 17 San Corp convertible 1940 coupon 1 Nov Extended 49% 43 V $4 Nov Midland Valley Jan 5,200 6% Apr 5 %s Valspar 1B52. certificates escrow Superpower Oct 4,100 6 % 10 6% July 4,100 2% 50c - Co with Aug 1 4 88 -1 Oil Insurance Universal with 12 40 720 1,700 22% 3% 1 Consolidated Universal 86% Range Since Sold Hydro-Electric Co— A 7s Oct 40% 7,100 1% 22% » — Securities— common Sugar Sep 246 4% Aug 43 41% B Rubber Reclaiming Co United Stores Corp common Utah-Idaho 25 .25 ... -- S Universal ADebenture Jan 16 —. 1 S S U 400 Bonds High Interstate Power Co— July 236 „ % i6 Id Friday's or Bid & Asked Low ■ !» 25 common.. -- — class Sale Price ' U U Oct 4% 3% July . ..10 U Co 10% x24 Feb 17% ' Last Period Isarco , common. Shoe Machinery Preferred ♦« — Interest High 7% July —— 15% United Low ■ Canal & High « registered- ord Profit 10% _* .. BONDS New York Curb Exchange Range Since January 1 Ltd— Molasses Amer common preferred particpating 75c Low Par 1 ' , Week's Range Friday STOCKS New York Curb Exchange .___ 229.22 70.10 40.73 83.28 101.91 105.42 94.89 104.10 70.76 40.72 83.77 101.99 105.46 95.06 104.07 101.65 230.83 ,70.59 40.88 83.81 101.85 105.56 95.23 104.04 101.67 230.33 69.93 40.82 83.46 101.78 105.40 95.05 104.04 101.57 41.24 101.58 230.60 — — Range for 1949 41.44 31 32 The Commercial and Financial Chronicle (1560) Transactions at the New York Stock Bonds Shares Week Ended Oct. 20, 1950 1.632,450 Monday 2,302.700 2,010,803 3,760,000 274,000 $16,078,200 -- Total 3,253,000 $3,000 326,000 3,341,500 Thursday Friday 2,655,700 353,000 2.411.540 <2,252,410 1,842,960 - - Wednesday (Number Sales $931,000 276,000 2,074,000 10.973,446 Tuesday Bond Bonds $117,000 $314,000 823.280 Saturday Stocks Government Bank Bonds United States Bonds Foreign and Miscel. Number of 4.086,000 ~ 3,617,500 2,000 3,303,000 417,000 2,386,000 Jan. 1 Week Ended Oct. 20 $206,700 $5,000 3,000 440,000 876,000 1,580,600 32,220,370 73,923,070 16,078,200 14,443,000 803,499,500 548,130,700 $16,034,100 $886,366,570 Total 313.000 135.000 27.000 $2,000 116,000 65,000 1,000 462,600 364,525 133,000 60.000 193.COO 83.000 34,000 122.000 2,262,355 $636,000 .$364,000 ___ Total 1950 164.000 182.000 $3,000 $1,003,000 of shares- Jan. 1 to Oct. 20 1949 1950 1949 2,262,355 1,773,875 35,577,166 47,901,557 $636,000 $777,000 $26,453,000 $28,542,000 364,000 127,000 12,277,000 8.073.000 3,000 11,000 1,998,000 1,371,000 $1,003,000 $915,000 $40,728,000 $37,986,000 Bonds $623,398,270 Industrial & $29,000 169,000 403,835 $468,500 $17,846,200 Railroad $9,000 144.000 196,464,644 1,763,000 Bank $20,000 429,300 _____ Stocks—No. Government- 8. U. 226, i 15 375,930 * — Week Ended Oct. 20 406,339,539 $7,500 Foreign Total Corporate 1949 6,735,574 Bonds International Government to Oct. 20 1950 1949 1950 10,973,446 shares of Stocks—No, Foreign Foreign Domestic Shares) Saturday Monday Tuesday Wednesday Thursday $17,846,200 $5,000 Bonds (Par Value) of Week Ended Oct. 20,1950 Friday $1,763,000 Exchange Daily, Weekly and Yearly Total Int'l Railroad Monday, October 23, 1950 . Transactions at the New York Curb Exchange Daily, Weekly and Yearly Stocks . . Domestic government Foreign Foreign corporate Total OTHER STOCK EXCHANGES RANGE Week's Range for Week Sale Price of Prices Shares Par American American Tel & Tel American Woolen — Anaconda Copper —— Low * 49 100 -100 • —50 6% Carpet pfd.. -100 100 Albany RR & 25 Boston Edison Boston Elevated 150 • Low 55 40 50 July 116 38% Jan 152 Va 5,062 146% Jan High 49 Oct 60 Aug 161% May 32% 32% 34% 450 21% Feb 36% Sep — 35% 37 Va 710 27% Mar 37% American Airlines American Telephone & Telegraph- —100 Armco Steel Avco Maine & 120 __ 120 115% 116% — 40% 10 114 Mar 68 107 Jan 40% — . ——100 7% prior preferred 100 5% class A 1st pfd stamped 100 8% cl B 1st preferred stamped-100 Boston Personal Prop Trust* 40% 3,413 39% Sep 6% 6% 260 6% Oct Steel Eastern Feb Cities 118% Sep City Jun 51 6% Oct series 1st preferred series B preferred adjustment Corp Gilchrist Co Power Kennecott Copper 1% Feb 222 32% 3% July Chemical Corp * 100 5 Nash-Kelvinator Service 1 Cos 20 New England Electric New England Tel & Tel 100 New Haven & Hartford—.— 100 N Y North System—, Motors International Tel 7% 30 4% July 7% Aug Drug Co Stone Union 23 Oct National Cash Jan 85 Jun National Distillers 87% 242 64% July 87% Oct 11 Va 266 10% 11% Oct 7% Aug Oct 61% 61% 5 54 May 64% Feb 65 68% 40 58 Jan 37% 39 216 32 May Apr 75 39 41% Jan 19% 19 20 180 18% 24% Feb 37% 38% ■ — 75 Oct 33% Aug 40% Mar 73% 49% ' _ - • 78% 64% July 40% Aug 784 48% 78 — 49% 3,226 18 18 50% May 100 <14 Apr 78% Oct 18 Oct 44% 51% 2,764 31% July 51% Oct 65% 67'A 349 49% 67% Oct 70% 50% 71% 115 60% July Apr 80 % Mar U 19% ■ 16 Feb 170 70% Jan 90 Oct 27 100 25% Aug 28% Sep 60 V- 1,025 27 . 15 90 63 105 42% Sep 63 354 66 12% 413 7% 20% 235 15% July 22 14c 14c 400 13c 30c 11% 11% 98% 98 99 12% 76c 44% 44% 20% 19% — — 6% —. 16 6% 6% 16 46% 21 6% 50 1,793 310 140 1,900 330 1,787 1,135 6% 85 16% 310 7% Jan Sep 10% July common 92 July 7% 29c Jan Jan York New 43% 43% 20 34% July 45% Oct 48% 48% 49 217 41'A Jan 52% 50% 52% 591 49% Sep 54% Oct 10% July 14% Jun Jun 11% Aug 51% * _ _ Ohio 12% 1 20 41% 41% 41% 30 32 % July 42% Oct 25% 25% 25% 65 21 July 26% Oct 17% 17% 17% 116 11% Jan 1734 Oct 30% 29% 30% 166 29 Aug 34% Feb 7 f'u 3*2 _50 20% 19% 18 Motor Corp 18 18 55 12% Jan ..1.40 32% 32% 32% 25 28% Aug a Car.. _ _ Schenley Ind new # Roebuck Vacuum _ Standard Oil Standard Oil (N 29% Mar 47% 21 50 Oct 16 24% Oct 11% 10% July 13% Mar 11 20% July 24 Ve Mar 43 47 July 57% 86% 156 66 Jan CO CD O O -t-3 32 7 ' 135 57% 85% 32% 25 11% 23'A 57% 32% 26 25% Jan 33 Sep 35 65 27 July 35% Oct « 34% 5 3% Mar 5% Feb 47% 47 47% 45 42 July 50% Jun • 41% 39% 41% 262 25 Jan 41% Oct 33% 33% 33% 60 36 Jun _ (new) Westlnghouse Elec _ .12.50 Watling, Lerchen & co. Members York Stock : 6% Detroit Oct Stock New York Curb Exchange Oct Midwest Stock Exchange Exchange Sep 22% 32"% Aug 25 31% 31% 115 65% 65 66 % 2,152 50% July 66% 41% 43 1,202 40 49 Va 49% 52 137 DETROIT Building WOodward 2-5525 Telephone: Jan «... Ford Oct 43 Feb July 37% Jan 52 Oct 13% 33% 13% 148 11% Jun 14'/a Jan 32% 34 757 29% July 36 Va Jun Detroit Stock Exchange Exchange Week's Range Shares Cincinnati Gas Cincinnati & Cincinnati 8treet Electric Milling Baldwin Range Since January 1 Low 7% 7% 8 30 21% 21% 22 209 3'A 3 % 128 15% 15% 16% 1,010 45% 44% 45 'A 70 common-8 '/a 31% — American High,> 1 ; Brewing 5% High 6 82 6% 18% 2% 14 Jan Apr Apr July 32% July 5 Jun 8 Oct 22% Aug 3% Feb 20% May 46>/a Oct 7'A Jan 30% 31% 243 277/a July 35 31% 10 32% 134 26% 37% Aug 5% Apr 5'/a 514 316 69% 69% 70% 726 14 14 50 12'A 19% 19% 50 15% 38 38% 360 29 80 80 33 77 Apr — 10 Insulation • 25 pfd— Gibson Art • Hobart Kahn 5% 50 Yard- Eagle Picher Inv — 10 " common Preferred Kroger Lunkenheimer — 38% — — — 26 Big 71% new Mar Burroughs 40 26 100 100 14 14 67% 4% July 67 51 July 80 May Apr 14 Oct Apr 20% July 42 % Oct 81 Sep Jun May 60 Feb 23'A Aug 26% 14 Oct 47 Mar Consolidated Rights Rapid For footnotes see page 41. 18% 1.265 ___ 1 _ * 8% _ Bros & Cleveland Steel Navigation. — _ Corp. _ . _ Manufacturing Mar 1% Oct Jan 18% Jun 12% July 15% Apr 1% 1,800 77C 13% 14 550 23% 23% 300 30% 30% 30% 3,280 8% 8 % _ 7% 63 July 18% Aug 29% July 9,142 l\ 6% Jun 255 7% 83 Oct 24% Sep 35% Mar Oct 300 32 8% 6% Apr 7% Feb Oct Oct, 9 7% Aug Sep 8 8% 1.800 23 5 23% 4,781 21% July 294 21% Mar 30 Oct 130 29% Feb 38 Oct 900 2% Oct 30 30 38 1 1 1.969 80% 78 2 Brewing Friars Ale Brewing Oct 25% 13% 23% Frankenmuth Aug 9 Oct 14 _ 14 Oct 2,900 1 Edison Jan 8% 25% 32 Detroit 10 165 200 • Motors 20% May 1,260 18 10 _ Jan 9 1 _ common Jun Jan 13% 25% 16% 25 Paper 3% 6% 1% 1% High Jan 4% July 25% 18 * Machine 2% 13 13 8% 5 _ Power Detroit Detroit 17% _ Davidson Eaton 200 1,125 1 _ Chrysler Corp 46% 10 46 Jan 71% 764 54 July 17% 59 15% Jan 71% Oct 18 Jun Fruehauf Gabriel 38 2% 2% 2% r ! 8% May 24 May 3% Mar 28c 28c 100 26c Jun 44c Jan 28% 28% 410 20 Feb 28% Oct 5% 1 Gar Trailer Steel — Co Wood Industries General Motors new _ _ _ com_ 5% 300 4 % May 5% Oct 6% Apr 67% 68 % 1,205 55% Mar 69% Sep Goebel 17% 17 17% 441 20V4 Jun Graham 12% 12% 13 220 13'A July 11% Aug 16% Sep Great 4% ._ 10 51% '• 1 Brewing Paige Lakes Oil 5 590 4 July 50% 1 _ 53 1,292 50 Oct 54% Oct Motors & common- —___1 Chemical —1 3% 3% 100 3 Apr 4% Jan 9% Gerity-Michigan Corp 67% 5 common Michigan new Mfg Adding Consumers Low 3% 4% - Oct 11% Aug of Bearing Range Since January 1 High 4% 1 Market Budd Company • "B" Low 2 Products- Rubber Bear Bower Roller * G Randall & 51 26 17% _• • 51 46% — 50 P Jan 25 Railway Tel Cincinnati Union Stock Shares 3 % Metal Continental Machine for Week of Prices 1 Brown-McLaren 3% Sales Range Electric Altes for Week of Prices Allen Sales Low Week's Last Par 10 ♦ * ; Exchange Apr 20 — 29% July 7% May 16% 37% * _ Oct a Carbide U 8 Steel New 23% Last (Philip) Feb 23% Oct Jun 30% July Sale Price Champion Paper Churngold Corp Oct 41% July 63 Sep 14% 433 Par Laundry Apr 33% 30 86% „ _ 32% 4 Oct 56 —25 (Ohio) Oct Jan 21 24% — Studebaker % 4% Jun 54 —25 J) OCfc 3% July 15 24% • (Indiana) 329 54 5 _ Brands Oil 32 50 21 24% 15 Co. Standard Standard 4,011 32 4 4 _ RR Oct 412 * 12.50 Aluminum 8% • Rights Packard Sears, 10% Oct „_8 Pennsylvania Socony 20 * _ Sep 22 STOCKS Foundation Jan * Register Edison Radio 14 -14 _ Central 102% May 36 Friday Formica Apr 43% 8% Jan 34% Cincinnati Stock Bell Aug 28 Va July May 20% 10 — System Inc Sub Apr 11 15 63 Sale Trice & 14'A 34% 10 30% Friday Cine 11 12% STOCKS Carey Oct Oct 34% Mar 13 % Mar 13% July 16% July • Co Machinery W'estinghouse Electric Corp. Balcrank 84 Va 87% July % July 9% May 7% 19% 11% 5 Drill— S Rubber Co„_ American 62% July 64% July 29 300 Oct 8% July • Fruit Shoe Waldorf 13 90 15 —• Inc Co Twist United United 80% 87% 30% 10% July 5% July 71c * Webster & Oct 10 Hamilton 19 65 «... Lima 66 330 12% 25 —2.50 , Assn Torrington 33% 30% 5 TeL & 50 7'A * Quincy Mining Co_ Rexall Oct 25 % July 306 5 _— new. 50 % 50 Mills Pennsylvania RR Shawmut Oct 12% » General 71c 2.50 Butte Mining Pacific Oct 8% 44% 30% 1 _ Electric Oct 11 100 * * 1 : Mergenthaler Linotype Narragansett Racing Assn.. National 47% Jun 34% 65 33% Aug 161% May 6% July 373 8 12% 7 — ... Stores Oct 83% • common-... preferred Mathieson .... Dept General Union RR Central 5% 9 .. . 6% 80 * • Co Razor Lone Star Cement Corp Maine Jan 44% 77% _ Light & 49% 22% " —-—-— Safety Jan 26% 85% 10 * Jun 6 • * Stores Electric Gillette 146% 30% 78% _25 _ _ Columbia Gas Day Southern National First 148 31 33 _ ... 3'A July 77 * Lines Inc— Employers Group Association— General 7% 8 __ Service 150 49 22% 100 100 _100 A 6% 5% SS High Jan 636 47% 9% 44 Products 7 —10 6% Eastern 121 Ry— Street pfd 44% 46% 3 Chesapeake & Ohio 120 Fuel Associates— new Mass Low 100 11% 150 % 152 151% 10 .. 6 % 47% 10 & Gas Common Eastern 11% 1 „ __ 6'/a 47% 5 Service Cities 2% 100 RR & Hecla— Calumet 2% — Providence & Boston Range Since January 1 High' RR— stamped Common _ Manufacturing Bethlehem Federated Boston _ __ Curtiss-Wright 100 Low Oct Railway— Stamped $50 paid———_ Shares Stocks— Unlfjfed Range Since January 1 Chrysler Bigelow-Sanford Boston for Week Par High 49 54% 151% Sales Range of Prices STOCKS— Sales Last Agricultural ChemicalSugar Refining Week's Last Sale Price Exchange Friday American OCTOBER 20 Friday Boston Stock STOCKS FOR WEEK ENDED 9% 460 8% Sep 11% Feb 2% 2% 2% 550 1% 1% 2% 55,653 1% 1 Jun 2% Oct July 2% Oct Volume 172 Number 4953 . The Commercial and Financial Chronicle . . (1561) OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED OCTOBER 20 Week's Sales Last Range for Week Sale Price of Trices Shares Friday STOCKS Par Hasting Mfg Co _ Motive 1 Man Hoskins Manufacturing Howell Electric Hudson 6% Sep Hudson Mb 6 Va 300 3% Feb 6 Ma Oct Hunt 17 Ma 500 12-Vi Apr 19% Aug Illinois Central RR 15 630 12MI Jan 15 Oct Independent Exploration Co 4Mb 250 3% Feb Sep Intercoast l'i'/a 62b Interlake 1 Motors Car Motor Oct 17% • -2 Ma _ — 6 6 4Mb 12 Ma common 1 % 5Vb Motor Foods Car Petroleum Iron Kinsel Drug Kresge (S LaSalle __ S) Products _ Oct Jan 9 Mi Sep common 31 Ma Jun 1% 1% 850 lMi Jan 1% Jan 38% 454 38 . . 3 Hone — Oct 38 Feb 42 Kaiser-Frazer Products a51 Mb a51% 65 35% Jan 50 2.65 • * 17% 2 Mi 1,400 1% Jan 2% 1% 300 1 Apr AUg 1Mb July 8 Vb 100 8Mb Oct 8% May Kern 11 Va 22 3% 3% 4 4 4 100 4,879 Mi Mar 11 Ma Jan 23 Mi Aug 2% Apr Laclede Oct 15 Mi 7 1 Lincoln Jan Lockheed 3% Jun 12 Ma 2.60 2.80 2,385 2.10 Jan 3.50 17 Mt 17% 300 13 Ma Jan 34 M» 34 M4 a46% a47% 13% 13% 323 25 Va Mar 349 38 Vi Mar 155 9% July 2% Jan Los 24Mb Jun Magnavox Company Jan Mascot May Apr 17 Ma Oct 34 Mi 54 Mi Sep Aug 16 Apr 7% 1,160 4% Jan 9M8 147 16 Mi Sep 17% Jan a64% a67Mi 376 $0% Apr 66 Oct 45 Apr 63 Mb Oct Jun 7M2 Jan Jan 36 Ma Sep a66Ma 61 Ma 6174 63 Mb 1,100 7M4 774 400 a36% a3674 40 9 74 3,811 1.05 1.00 1.05 1,700 1 31M2 31 Mi 31M2 365 —* 1% July 19 Mi July Inc Jan lOo 18 988 7 Co Corp 300 Loew's 9% 4 Libby .(Un) de 400 Jan 1,300 17% 1 Aircraft 750 2Mb (Un) Petroleum 3 21 Ma —— Company McNeil 3% May 4% 974 7 Ma 5 Lane-Wells Company 2 Vi 2 2Mb * 3% July Oct Oct 9% 17% • Co Land 21 Va 3 3 common 646 1,044 Gas Oct 8.75 Kansas Power & Light Co. (Un) Kennecott Copper Corp (Un) County __ 13 V. 1 3% May UMa 1 _ Metal a51Ms 9% Corp Jan 20 2 Brewing Pleiffer 15 Ma • 1% 22 _• Chemical Peninsular Jan 7.50 200 Libby Park 9Vi (Un) 8Mb .10 National Stamping ^ckard Motor Car Corp lVa 1 „ 3 2 Mi , „ .10 Corporation 1,800 International Paper Co (Un) Int'i Tel & Tel Corp (Un) .. __ 1574 International Nickel of Can (Un) Feb n Sugar Preferred Murray 17% Va 21 Ma 1 _ _ 17% 1474 10 840 2 _ _ July 15 M4 Corp 100 10 __ 17 % 33M3C -1 _ __ Co Michigan Micromatic _ _ Wines Screw Masco _ High 16% 100 7 Ma Feb Low 17 V* (Un) 28 Ma 4 Range Since January 1 High 6.66% Inc 7% 13Ma Low 12.5Q 28 Ma . Shares 833 Company 1 King-Seeley ,. for Week Par High 300 14% 10 Bearing & Low 6 •„ Sales, Range of Prices Friday High 6 1 Mlg Co common Jtligbie Low 2 _ Week's Last Sale Priee STOCKS Range Since January 1 8M4 9Me 6M2 23 7% 95c Jan July 24 Mi Jan Sep. 9 Mb Oct 1.40 Jan 35 Aug 16Mb 26 Ma 2674 685 24 Ma 14% July Jan 29% May l (Un)__ 18 20 (Un) Angeles Biltmore Hotel Co 16 M2 1674 300 11% 23% 87Mac 8774c 500 a40Ma a4074 26 36 Mi Sep 41% Feb 2% 2,050 1% Jan 3 Ma Aug 75c 75c 1,400 52M2C 16 Mi 16'4 352 Sep Sep a22 a22 74 44 Jan 18% Oct Apr " Rickel IH Rudy W) & Co Soss Manufacturing Mfg Co Tube class Timken-Detroit Udylite Union _ _ 12 Mb 13Vi 2 Vb Sep 2 Jan 11 13 Ma Apr 1,000 11 July Ma July 14 Jun 8% Mar 10 Ma Jun Merchants 3 Mi Apr Middle 3 3% Mar Oil McKesson Menasco _ 13 Vb 1,813 10 Feb Montgomery Ward de Co Inc (Un) * 66 66 «'/8 8 Vb 1,110 8 Jan 9% Jun Mt 1 2.20 2.20 Oct A Oct Nash-Kelvinator 5 20 375 16% Mar Apr 1% Oct National City 1 1974 8% 8% 135 9% Feb 24% July 37 Ma Oct National Distillers 25% 25% 26 510 8M4 July 21% Jun 26% Oct 1774 16% 18 11% 18 10Mb A 2.1.980 lVa 1 Mi 1% 3,700 * 37 Ma 34% 37 Va 415 — 2 Ma li Feb Jun 1/64 1 Week's Range for Week of Prices Shares Par Co American Tel Viscose Corp American Wooien Co Tel Co (111) 37% 37% 648 11 11% 1,130 al8 al8 14 12% al8 Baltimore Bandini Bros 151 1,955 50 70 M» Mar Oil Basin Eendix Home Blue 30 10 36% 46% 36 37 % 2,542 28 Mar 37 Ms Borden 46% 1,586 28 Ma Jan 46% Oct 10% 10 10% 687 Pacific Lighting Corp common 8 Jan 1074 Apr Pacific Western Oil 133 133 275 104% Feb Sep Packard Motor Car Paramount Pictures Inc (Un)___13 13% 13% 14% 821 10o 15% 15% 16% 1,800 5% a62 a62% 10 9M4 Mar Jun 133 Broadway Co Budd Jackson Byron Case (J Puget Sound Pulp & Timber Co Pullman Jun 20 37 37 1,000 37 Oct 38 Ma Mar a21 a21 100 11 11 % 810 a48 % a48 % 60 15% 15% 500 50c 1% 1% 1% 400 * 45% 43% 45% 1,075 2c 1 15 5 10 * Multiplier 1,776 20- Aug 40 10 Feb 13 Mi May 35% Jan 51 10 Mi Mar 1 31% Jan Jan 45 Ma Oct 68% 424 9% 10% Jan 474 Mar 50 Feb 56 y4 Feb 3M2C 9 Apr 8 Rice May Common (when issued) Cons Gould Jan 11 Oct Jan 18% Jun 26 175 21 Ms May 26 Oct Seaboard Sears Oil 75 40 Mar 51 Schenley Sep 19% 2,115 14 Mar 20% Oct 53% 285 Apr 53% Oct 45 4IM2 % a47 351 33 15 500 11% July 6 100 80% 1,188 86% 798 3% a 3% 1,198 19 1,812 18% too 18% a 4 63 Ms Jan Jan Jan 44Ma Sierra Oct 7% Aug 84 86% 3V4 July 4% Feb 23% Oct 65 July 23% a— Solar Trading Corp 477 16 Ma 12 % 101 11% 19% a20 156 17 28 % 28% 150 27% Aug 100 30c 1.05 Consumers Co Power (Del) (Uni Inc Continental Oil Co Creameries 16% So Sep Southern Aug 95 24 % 24% 155 19 y» July a3 50 16% 16% 930 2% July lOMi Jan 49 3,883 8% 200 6M4 55% 8% a7"7/- a 77% 20 11% 415 11 43 225 29% a42% a4'/% Curtis Publishing Company 8% 9 283 Curtiss-Wright 10 9% 10 805 Zellerbach Corp Crown Class A (Un) 5 (Un) • common (Un)-:_1 1 Corp (Un) 22% a 22% 200 Jan 2974 July sTi Oct 11% — 1 America of 1 1 5 (Un) Douglas Aircraft Co Industries Jan Jan Sep Jan 6M» Aug 7% Jan 22% Jan duPont de Electric Bond Nemours Oil Co Exeter Farmers & (Un)_ Ltd Stores Light & Power 5 4 1 class Ltd 50c . A 55c 16% Mar 818 80% 20% 20% 400 13 500 52 %c 55c 2,970 10 303 al9% 303 9% —1 " (Uni__ 72 % 13 20Vb Bank—100 class 175 104 80% 5 Co Corp A Merchants Nat'l Fitzsimmons Florida & & Share Co Products Electrical — 84% a21 a21% 84% * Inc Inc 9% 140 al9% al9% 101 Co (Un) (Un) • Electric General Motors Corp new common Genera] Public Util Corp (Un) 5 ft 51 % 17 Jan 61% Mar July 12 ' July 15 Mi 37c 300 Jan July 8% July 18 25 Goodyear Tire & Rubber Co common—* Graham-Paige. Motors Corp (Un) Great Northern Ry preferred (Un) Greyhound Corp (Un) ' Hancock Oil Co of Calif class A Hilton Holly Hotels Corp Development — Co For footnotes see page 41. 1 • 230 48% 610 50 52 % 4,954 50% 15% 42 Apr 1,828 35% Jun 32 OCt 10 34% Oct 37 Ma May 247 32Mb Jan 34 Mb May a28% a28% 40 28 Jan 20 28 Mb Jan 29% May 29% May 28% 28 Ma 450 27% Sep 29 Jun 51% 51% 527 48 M2 July 55 Ma Apr a50 a52 125 37 Mb Jan 47 Mi May 4 4% 2,190 3M2 Jun 8 July y4 9 Oct Aug 65 Ma May 14 43% 9% 11 24 Jan Oct Sep 84 Ms Oct 20% Sep 83% Jun 23% Mar 14% May 87 %c May 312 Ma Oct 10% Mar Gas 18 % Mar Feb a62 2% 100 1% Jun a417/8 a42% 190 34% Jun 458 200 141/4 14% 1 1.95 2.80 2.70 14,010 585 Jun 11 120 17% Feb 22 20 20% 1,261 14% Jun 10 Mb 10 Ma 215 a57 % a58 % 267 20% • 1 2,50 1 43 Ma 20% 12 7M2 July 44% Mar 59 Jan Feb Sep Oct Mar Oct 22 Ma 22 Ma 100 15 Mi Mar 22 Ma Oct 43 Ma 48 918 33 Mi July 48 Oct 44 Ma 44 Ma 250 26% Feb 44'/a Oct 17% 18 1,228 12% Jan1 23 Apr 7% 7% 200 6% July 9Ma Feb 4 4 100 3 Mb July 5 Mi Jan 4374 44 1,113 23% Jan 44 Oct 11 Mi Jan 25 Mar 16 Ma 17 Ma 1,188 6% 6 Ma 790 —' 26 Ma 27 Mb 500 50c 50c 50c 1,000 17 6 Ma, 47 4574 45% 8 8 250 36 11 Mb 35 Mi 36 Mi 1,176 11 17 Mi — 5 Mi July 2OM2 48c Jan Mar 7 Ma May 2 7 Mb Oct 62 Mac July 11% 3,835 214 1774 1,738 17 % 37 Ma Feb 5M« Jan 49 Ma Aug 8% Aug 27% July 7% Mar 36 Mi 11% Oct 29 Aug 33 Ma 16Mb July 21% Sep Feb 73 Oct Oct 73 73 295 51 52 Mi 52 Mi 693 41 Mi Feb 52% Oct a53M8 a55 122 35 Feb 51 Ma Sep 5c * * 15 25c 15 1,471 a32% a33% 5c 2.000 4c Mar 9c Apr Jan 74 58 Ma 1,895 31% Feb 60 30 Ma 31 Mb 1,561 22 Jan 31% 24% 24 3/8 1,671 16 Feb 24% Oct 14 Ma 14 Ma 150 13 Ma Jun 16% Aug 333/s 33% 2,220 31% July 36% Jun 57 57 Mi 30% 24% — 44% Jan 9% July 101 Mar 11% Mar 1.55 Feb — Sep Sep 25% 25% 185 25% Aug 25% 27 Mb 27% 270 25% Sep 28 Mi May 28 Ma 25% 28% 658 27 Mi Oct 31 Ma 27% a28 Mb Oct 27% 333/i 270 33% Oct 36 Ma Mar 14 Ma 14% 320 12 M2 Sep 22% 11 Ma 11 Ma 1,843 a 60 a61 Vb 529 * Railway Company * 4574 46 * 22 Ma 233/« Brands * —25 25 * 1 11 Mi aGlMa 29 Feb 64% Sep 2% Oct 43% Aug 11% 155 14% 2.80 75 75 Jan Oct Sep Oct I Corp (Uni Jun 512 33 Ma Feb 46 Oct 836 20% July 24 May 61 78 Oct 1,019 Jan 54 Ma Aug Aug a57V4 a58% 124 42% 86% 391 66% Jan 86 Mb Oct 2074 150 17 Mi July 23 Ma Apr 33% 34% 1.001 25% July 36 Mb 33% Jan Oct —20 25 20% a39Mb 15 Ma 17 10,950 10% Jan 17 Oct 26% 29 Vb 1,280 19% Jan 29 Mb Oct 20 MB 16% 5 10 United Corporation (Del) (Un)—-—1 United Gas Corporation (Un) 10 United Paramount Theatres common. 1 United States Rubber Co (Un) 10 United tSates Steel Corp * Universal Consolidated Oil Co 10 Warner Bros Pictures Inc (Un) 5 Western Air Lines Inc 1 Westlnghouse Elec Corp (Un) 12.50 Willys-Overland Motors Inc (Un) 1 Woolworth (F W) Co (Un)— 10 Zenda Gold Mining Co 10c Jun 13% Mar 62 Mi 50 2074 20 3/4 420 17 20% Oct 38 7b a39 Va 183 36 Mi May 40 Oct a74 Mb a75% 303 60 Mb Feb 75 Oct a84 % a86 191 71 Jun 72 Ma Apr 13 Ma 13 Ma 125 10% Apr 14 a31% a32% a74% a85Mt 130 23 Jan 17 Mb 3,538 a July 14 Ma July 32% 19 Oct Oct May 1674 16% 10 Ma 11 230 11 Mi Jun 24'/b 47% 23% 24.74 832 18 Ma July 25 Ma Jan 46% 4734 563 40Ma July 30% 50% May 33% Sep 8M2 July 24% May 31% 1,793 a95 % a96 74 204 85 Feb .100 Ma Sep 30% 380 26% Jan 33% Aug 18 Mi 748 14 Jun 74 30 18% Aug 4 Mi Jim 19 a9574 19 200 16 20 Vb 20% 425 17% Mar 51 Ma 51 Ma 175 38% Jan 52 40% 41% 2,258 25% Jan 41% 56 58 Mi 875 40% Feb 6? 1374 1,060 30% (Un) Inc Lines 10% July 86 a57Mb 1 25 Company Aircraft 28% May 55 33% a 25 5 Air Oct Oct 6% pfd class A—25 Petroleum Corp 2 Co Calif United July July 15 22 Mi 152% 15274 * 23 Sep 345 5 9% 20% 22 Mi May 49 2% 3 Mi 18 (Un) 25 Sulphur Co (Un) • Textron Incorporated common 50c Tidewater Assoc Oil Co (Un) 10 Transamerica Corporation 2 Tri-Continental Corp lUn) 1 Twentieth Century-Fox Film (Un)—_* Union Carbide & Carbon Corp (Un)_* Union Oil Co of Calif common 25 Union Pacific Railroad Co (Un) 50 50y4 May 750 1,370 9 4% 20% Co Texas Oct 51% May 54 Ms Oct 17 10% . Aug Sep 27% 10% a52 4 • _1 50c com—25 25 25 25 Inc (Un) Standard Oil Co of Calif Standard Oil Co (Ind) (Un) Standard Oil Co (N J) (Un) Stone & Webster Inc (Un) Studebaker Corporation (Un) Sunray Oil Corp common 4Mz% preferred class B 5 M2 % conv 2nd pfd series C Swift & Company (Un): 17% July July 16% 169 Jan a59% a42% 28Mi Pacific Company Standard 2974 July 44% 27% & Co Gladding McBean 22 a49 a49 M* 48% * General Foods Corp General 32 Mi Southern 33% May 26% Jan 5 Ms Calif United 22 2 . Feb Southern -D . Corporation Sep 22% Southern Jan • Garrett 40 15% July 30% July a28% a28% a58% 22 M2 Texas Gulf Dresser Oct 26% Mar 32% 32Mb 1 — Oct Apr 20 a28% a28% 27 Ma preferred 23% 14% a30% a3074 24% " _—_ Corp Motors Continental (Un) Aircraft Consolidated Vultee a28% —0 4.88% Apr a3 • 1 (Un) Y N Engineering Corp — 4.32% 32% Mar °0c preferred preferred preferred Feb May % Edison Co of Consol Consolidated 3*2 160 a35 Mi a35 Mi 25 * • * • (Un) Company Aircraft 4.48% 12% a . Southern Calif Edison Co Ltd a__ Tie __ Mng—1. Consolidated Liquidating Corp 3.00 Mar 34% Mar Oct 15% Mar (Un) Co Socony-Vacuum Oil Co Inc Oct a 23% Co Finance Signal OH & Gas Co class A Sinclair Oil Corp 18% May a — Co (Un)— Industries St Regis Paper Seaboard Oil Co of Del 49% a 25 • Roebuck & Company Shell 49 % 18% 23 % Sav Jan 300 1 7 Me 78% 3% ( Un) • (Un)___—• Co (Un) 25 & 32 32 Oct Apr May 29% Aug 14,612 18 Mb 50c 18 MB a40 Mb a40% 1 8 5 1.40 Corporation- 1274 86 20 Chollar OH Ryan Aeronautical Company Safeway Stores Inc 2,642 14% a 78% Commercial Solvents Corp Edison Co Oil Co 1,456 6 Columbia Gas System Inc Commonwealth —; 18 53% 15 — Preferred Company Manufacturing Ranch Richfield Jun 19% a 19% 53% a47 • Corp com 1,272 1.40 Jan Oct 51% Mar 70% Gas Inc Drug Rheem Ms May 37 Mi Oil & Reserve 26 1 Corp & Iron Fuel a4074 1 of America (Un) Radio-Keith-Orpheum Corp (Un) Republic Pictures Corp (Un) Republic Steel Corporation (Un> Radio Corp 15% May 2 Ms May 6% July (Un) Co 4.08% Colorado 30M4 20c Sep Apr Aug Jun 2c 25M< Incorporated (Un) Oil Pure 16% 18 10 (Un) 20 68% 9% 25 Clary 5% 5% a50% a50% —1 1 Chrysler Corp Co 128 __ 1 Corp Company Service 1,025 5% 10 (Un) Co Products Cities 6,500 7% a38 __ 5 * Tractor Aircraft 2c 7% a36 % ;—.—2 Packing Corp common * Ry Co (Un) 25 I) Co (Un) ——25 Certain-teed Cessna 7,440 30 Mi .—33MbC Feb Jan 1674 Pacific Caterpillar 1.95 30 50 (Un) Apr 3% 435 California Canadian 1.85 1 7% 12,155 19 11% (Un) Oct 5% 5 Co 1.90 (Un)__l Airways 16% 19 1 (Un) 500 _• Pepsi-Cola Co (Un) Phelps Dodge Corp (Un)—_ 5% 5 World American 'Un)— Co Pennsylvania RR Co 15% Aug 50 (Un) (Un)— Department Store Inc a23c • 10 Corp Pan Company a23c 72 Oct 46% redeemable 1st preferred Apr Borg-Warner Corp a23c redeemable preferredredeemable prefererd class A__25 5% 4.80% Jun (Un) ' 25 Sep Mining Co.—10c Company Bolsa Chica Oil Corp 8 Ma ,—• 10 July 9 Ms Corporation 8M2 8 35 Mi 10 Airplane 1 1 lQ2y2 54 M2 (Un)_ Mammoth Cons 10 M2 Feb Jan Appliance Inc Diamond Jan 22 Rexall Boeing 6 Ma 495 Jan Benguet Consol Mining (Un) Bethlehem Steel Corp (Un) Black 27% 330 114 l 33 5% —_— Corp 21 Ma Mar 33 37% (Un) Jan Aug Jan 25 25 —25 1 Co Oct 14c 17 17% preferred preferred 5"A Jan 16% July Feb 5 M2 % 181% May July Oct 41 33 ——20c Aviation 6% 5c Oct May 100 (Un) of Calif 75 Co Bendix 16% May 61% Sep 718 Jan 22 Jun 380 Pacific Gas de Elec common July Company Finance Corp 635 Consolidated Barnhart-Morrow Mar Aug 11 Mi 54% May 146% Jan 9c 14% 32 Oil 8 Works — ___ 21 1374 9c 27% 8 Ma Rights 7% Corp common Preferred Pacific 7Mb Co Petroleum Barker Ohio Aug (Un)__100 25 (Un) 3 Corp Ohio RR & Oct 12% 2.20 69 Ma —5 (Un) (Un) Locomotive Baldwin 37 Ma 35 Topeka & Santa Fe Ry Atlantic Refining Co__ Manufacturing 29% July 9% Jan 66 Mb Jun 17 Ml (Un) Company July 1.25 27% 14 * Co Atch Avco Jan 49 Ma 100 69 Ma 1 4 Edison Ohio Mb Mar 10 (Un)-100 Oceanic Oil Co High 20 580 14 Ma 17 V4 Jan 90c 23 Ma 3,020 2,000 9c 14% 15% 20 M2 July 10 Co (Un) Oil Cons Pacific Apr 1,164 151 1 —1 (Un) 38% 13 a97% a97% American • Ltd on Aviation Inc American (Un)—* (Un).._ 20% July 2% July a64% a65% 13 __100 (Un) (Un) Copper Mining Steel Corp (Un) & 430 (Un)—• iUn; Auaconda Armour 3% (Un) * (Un)—• Co Smelt & Reuping Co American 3% 1 Light Co 1,275 • Allis-Chalmers Mfg Co (Un) American Airlines Inc lUni & Low 31% 31 Corp RR Railway Co Northrop Aircraft Inc Occidental Petroleum Corp Range Since January 1 High 30% _1 Alleghany Corp (Un) Armco Low 1 Corp Prod a22 * Corp (Un) Lines Inc Corporati Amer Northern • t Central 75c 1 (Un) Co Co York North Co Utilities Inc Power Diablo North Sales Petroleum South Montana 19% Aug 13% Jun Angeles Sleek Exchange Last San Ma 12% Sale Price & St 2 1.05 Aug 300 STOCKS Radiator 2% July 340 Friday American 1 Co 70c 300 1 Los Amer Manufacturing a40M2 3 North & 18 (Un) "Mb 1/C4 Wire Power Inc 18% 18% Nordon American 1 Robibns Ma 9. 3 3 5 New Admiral Co & 18% _ _ Spring & 20o 1 _ common- _ 13 1,100 2,355 2% Ma 12 Va ' 8 —4 — _ Wayne Screw Products Young 2 127/b 1 common. Corporation Rights -1 - 12 1 B Axle Investment 2% 10 _ 2% 2Mb _1 _ common Sheller Standard 2 __ Manufacturing Scotten-Dillon 18 a374 2074 5IM2 41% 58 1774 a3 74 13 Ma a3 10 Mi 10 10% 1,460 33% 32% 333/4 1,585 835 8% 93/b 47 Mb 47 Mb 349 8c 8 Mac 7,000 3% Jan July 11% July 7M2 Jun 19 Mi Mar 23 16Mb Jan Oct Oct Aug Jan 10% Aug 29% July 36 5 Ma Mar July 2%c Jan 49% Feb 17c Apr 44 9% Jun Oct 33 34 The Commercial and Financial Chronicle (1562) . . . Monday, October 23, 1950 OTHER STOCK EXCHANGES WEEK ENDED OCTOBER 20 RANGE FOR Week's Sales Last Range for Week Sale Price of Prices Shares Friday STOCKS Oossard CHICAGO 3, ILL. SO. LA SALLE ST. 105 Telephone Stock 11% H) 2% Chicago Board of Trade Bros Greyhound > MIDWESTERN AND LISTED MINNEAPOLIS UNLISTED SECURITIES LaCROSSE MADISON EAU Heileman Hibbard Midwest Stock Exchange 17 1.300 14 % Aug 17 Oct 12% 12% 1,200 11 Apr 12% Jan io»/r 10% 1.675 25% 650 Feb 7,150 9% July 21% July 7% July 31% 9% 12% Jun 22% 1,200 11% Jan 25% May 22% Jan 21% Jan STOCKS Range Last Sale Price Abbott Laboratories 5 Steel Co—_ Acme Admiral for Week of Prices Shares Low Par 44% Range Since January 1 Low 44% High 40% Aug 1,155 54% Indiana Tool Pneumatic Jan 26 V* 25% 26% 700 19% Jan 26% Aug 1 31% 29% 32 '4 2,900 17VZ Jan 39 Aetna Alum Ball Affiliated Akron & Gas brass Castings Roller Equipment American Airlines Rad American <fc Tel Anaconda & Armour Asbestos (111) Tel Co Co 100 3% 4,200 24 7 a 23% 24% 13 12% 13 151(4 50 26% 9% 775 Jan July 11% July 146 % 4,630 37% 2,400 35% Jan 17 3,300 150% 151% 37 Jan 2% July 950 11% 3 1,760 35% 10% 11 % 100 (Un) 3% 8% July 1,500 3 (Un/„• Co 10% 34% 1 Sau Mining Jan 27% Mar Oil & Refining Co com $1.20 Atch convertible Topeka Athey Avco preferred Santa Fe (Un) & Products Mlg Corp— 160 27% July 337i Mar 440 377/a Jan 5374 37% 3774 100 3274 Jan 37% Oct 31% 32% 1,813 25% July 32 % Oct 147s Aug Bastian-Blessing Belden Co « Mfg Co Eenciix Aviation —* Harvester 32 % Booth Borg Steel (Un) 25% 26% 2,262 23 July 1974 20% 1.495 18 July Power & Light Kansas Power & Ught (Un) * 75 24 24 24% 2,100 24 Oct 17% 17, 15 July 25% Oct 16% May 161% May 37% Kansas Katz City (Un) Oct Borg-Warner Switchboard Kellogg Key Company * * 10 33'/ac common — .... Inc Co Koppers & Brown Brown Shoe Bruce (E Budd Co Butler Canadian & Century 46 300 Sep 800 Sep 12% July 11% 16 16% Oct 67% 68% 293 55% 73'4 May 53% 53% 100 13% 445 42% July 10 Va July 57 12% 36% Mar 49 Products 19% 20% 18 % 3,250 1,265 2% Jun Oct 5 13% 14% 32% 21% 22 1,700 9 27 9 14% 14% 12% July 259 31% July 38% 19 July 22 May Jun 9 Oct 550 11% 50 33% 1,400 12% 13 % 1,810 * 64% 64% Chicago Indianap & Louis Ry cj A—25 Chicago Mil St Paul & Pac vtc • 13% 13% Convertible Co Pac & RR 16% 9 (4 Mar 25 15 Apr 67 Apr Sep 13% Oct 1,365 7% Jan 38% July 90 116 119 30 78% 80% 2,700 83% 87% 445 1 20 18% 20 5,800 • common.: Oct Oct 10 $4.50 preferred Jan 33% 12% 20 78% 12% 64% 95 116 18% May 25 46 " Feb 50 95 —.10 16% Mar July 10% July 46 25 Co Cliffs Iron 17% 11% July 4 preferred Service Cleveland 16% 6% Co__* common Chrysler Corp Cities 32% Jan Mar 1,206 11% 5 Oct 3% 3 31% 25 Oct 20% 250 31% Chicago Towel 14% 600 1 Chicago Rock Island 14% Mar May 3% 13% i preferred 8% July Oct Jun 20 3% 32 >4 10 ; Jan 3% * Cherry Bufrell Corp Chesapeake & Ohio (Un) Chicago Corp common 16% 3 3 * (Un)— Oct Aug 5 1 Co 19% 50c pfd Clinton Electric Foods Coleman 85 83 85 800 Inc System Commonwealth 25 Aircraft 17% Oct 47% Sep Jun 113% 63 100 Apr Sep 119 Apr Jan 84% Oct 65% July 14 Apr 73% Jan 87% Oct 20 Oct 85 Oct 200 960 28 28 28 % 4,457 11% July 27% Sep 14% May Apr 37% Mar 28% Oct 33% Mar 16(4 16 16% * 22% 21% 22% 15 17 Jan 25 May 30% 30% 31 27 25% Jan • i w 600 13 47% 50 136 May 30% 30% 1,500 % 2,200 20 61% 62 % 145 48% 8% 660 5% July 22% Julv preferred Consumers Power Rights 33% 27% xl2% 38% July 29% July 20% Jan (Un)__l common Cumulative 12% 224 27 • 42% 33% 5 (Un) Edison Vultee Consumers Co 40% 1 Co Gas Consolidated • Inc (The) Columbia Illuminating ; Corp America of Continental Motors Crane (Un) 1 Co Detroit Cleveland & Nav (Un) Pont Finance (E I) Corp __10 A „1 Dock Flour (Un) 5 (Un) & Brewing Mills General Corp Connell 325 127/a Mar 29% July 17% July 35% Jun Oct % Medusa Utilities South 62% Oct Hart Miller & of America Amer 8% 610 1,440 77/a 1,400 7(4 Jan Jan 11 2,150 5% Mar 32 220 26% July 4% 4% 67% 80 Va 81 45 30 Jan 11 Aug 8% May 11 Oct 36% 3% Jan 69% 276 54% Jan 71 Va Jun 81% 1,672 61 Jan 85% Jun 48% Apr 4574 578 40% July 5% May 10 5 General Box Corporation 1 General Tile General Electric Co General Finance (Uni Car Corp 5 Public 5 Gillette Safety Co Goldblatt 1 Razor • (Un) • Bros 8 Goodyear Tire & Rubber Co For footnotes see page • 41. Oct Apr 60 Aug 3% 3% 300 31% 3174 100 3074 29% 30% 700 23% Jan 32% Sep 38 39 % 150 35 Va Aug 60 Jun 5,Va 700 5% Sep 7% Jun 16% 16% 495 15 % July 20% Apr 29% 30 200 28 35 Oct 7 Jan 5% 29% 6% Packard *' 2,800 5% Jun 17 Va Aug 19 Va 350 21% July 28 Va 32 38 27% 60 66% 1,300 49% July 66% Oct 52 56% 2,075 51% 56% Oct 21% 22 % Oct Oct Mar 23 Sep 9% 9% 100 774 July 10% Aug 8% 874 700 6% July 11% May 19% 20 % 2,100 16% July 13 13 30% 4% 24% Jan 31% Oct 3% Feb 5% Jun 11% Jan 18 Oct 12% Mar 17 Aug 19 Aug 50 4% 3,700 2,176 18 14% 440 18% 18% 950 17% 17% 1,900 10% 50 10% 3,000 10% 10% 31 30 31 500 19 19 30 May 15 Va 30% 16% 22 Jan 9% 10'4 17% 18% Mar 50 14% 17% 121 * 16% Sep July 16 8% 10 Feb July 21% Mar Aug 13 Mar Jan 33'/a 16 Jan 19 10% Jan 18% 25% 15% 14% 3% 1,300 2% Mar 6% 1 2974 30(4 2,042 28 Va July 35% A 32 34,000 40 Va 39% 41 407b 4074 20 4 Elec Co & Car Motor 20 Patterson-Sargent Peabody Coal Co 5 % conv prior — 5 25 50 100 common preferred Peoples Gas Light & Coke (Un) 33%c Corp __2.50 Co Circle Car Co Co of 1 Service Public Service of Indiana common 3.50'v preferred Oil Co * 110 Oct 1,525 16 Oct 17 Oct Rlchman 16% 95 13% Aug 22 Jan River 100 1,100 8% July 9% July 1,500 5 Raisin 474 Jan 3% July 1,500 350 1774 Feb 22 23% 23 % 100 19% Jun 24% Aug 1,500 5% Apr 874 Aug 15 % Apr 14% Jun 7 374 7 7% 18 — 10 — — 18% 275 1974 20% 4,200 11878 1193e 20% 246 974 1074 2,400 15% 15 7'a 350 7% July 107 Va July 7% July 11 6% 19 Sep 20 74 Oct 139% May 12 Mar 17 Sep Aug 13% Oct 974 50 137e 200 26 26 140 23% July 27 Sep 26% 2674 970 24% July 30 Apr 89 89 100 86 Jan 89 Va Oct 43% 26% 974 1374 — 44% 559 26% Feb 45% Oct 17% 18% 1,800 12% Jan 23% Apr 87s 1,000 7% Mar 9 V8* 400 14% 510 43 Va 4174 44 6% 674 6% 950 5 July 41% 42% 450 40 Jun 7% 200 — 9 • 5 Oct 10 14% Paper Co Feb Feb * 2% (Un)— 11 Jan 14 % Co Bros Oct 18 of 17 42% Oct • 1 5 50c America (Un) Radlo-Keith-Orpheum (Un) Raytheon Mfg common Remington Rand (Un)— Corp Oct 40% 2,145 4 (Uni —: 41 9% :_100' _i_. 2674 Mar 4% 10 Colorado Public Feb OCt Oct 21% 1 (The) Steel Apr 32 ft —' —4 Pennsylvania RR 417 Apr 9% 9% 1 Co 2,500 20% 4 (Un»_2% (Un) 15% 21 4 (Un) World Airways Pictures Apr May 2% - Jun 11 30% warrants CO American Co Apr Jun 33% 1 Gas Paramount Apr 64% 2% lUnl Oklahoma Radio Apr A Oil Pure 4% 36 % May Sep 200 6% 19 • (Minn) Co Edison Pressed 2% July 26% Rights Potter Feb 32 27 32 10 10 new Co Shoe purchase Perfect 574 18% 1 Bnnr.ornoratlon Mfg Stock 11 8% 9% Apr 10% Mar 12 9% Mar Oct St Louis National Stockyards St Public Louis Sangamo 54% „ 2 2 54% 500 2% 1,900 45% July 1% July 55 2% — 774 9 774 2,500 6% July 8% Aug 9% 10 10% July 1474 2374 44 Jan Feb Aug Oct Oct 7% May 46% Jan Feb 15 13 48% 49 1,880 13% July 41 Va Jan 5% July 48% Sep 14 Va July 6'/a 674 51% 50% 53 1,700 6,900 — 1674 17 210 974 9% 974 1,900 Service 50% May Schwitzer-Cummins Sears Roebuck Securities 7% Apr & 1 5% 54% Oct Serrick 18% Feb 13 674 July 8 Sep Jan 48 Aug 40 Jan 7 Oct 34% 35 350 26% Mar 36 Aug 3 2 •'''8 33 % 825 2874 33% Oct 13 12% 13 13 Oct 52% 54% 97 97 674 Corp class B: common 6% 8,400 474 Aug 100 - 1 1 15 * * Corp 300 974 July 3,100 40 July 54% 10 Oct 95 74 May 98 Apr 10 Va July 1374 13% 14% Oct 54 74 55 300 4174 July 55 Oct 2674 28 1,450 23% July 31% May 21 19% 21% 2,050 12% Jan 21% Oct 3074 30% 31 2,465 22 Jan 31% Sep 4% May 5% Jan 2474 Oct 13% — — 28 150 Feb 2974 640-t, 300 32 July 22% July 14% Oct 3IV2 May 14% 15 Jan Society 60% 6174 245 44 % 64% Sep Socony Vacuum Oil 51 • Louis— . Prod 51 Jan 4 Shell Oil Co 10% 1 convertible preferred 1474 1,600 Co Investment Co of St Jun 8 28% * 45 32% * com. 4 common—1.40 Co 45 51 —— A Electric Co Industries new 45 4 Aug 15% 15 Oct Shellmar Glidden 9% 32% 4 Northern States Power Republic Steel Corp Rexall Drug (Un) 10% __ Motors Corp new Refrigerator Co (Un) Corp Jun 9 74 49 General Gibson 7% July 31% • Co.— Illinois 90 10% 1 General Utilities (Un) American 22 10 • Corp common RR American Pan Jun 1 North Ohio 17 10 Mfg St North Oak Oct Jan 44 1974 Aviation Bush 17 14 18% July 2 American Nunn Jan Jan 100 5 Central Northwest 7% July 150 Cooker.——. North Northern 6 10% 7,590 50c 110 9% 5 Corp 9% (Un) Corp Pressure York 850 15Va May 12% Juiy 56 8% National Standard New 16% 1,000 * Company National 3.900 Jan 3 Nash-Kelvinator National 300 7% Sep 7% July 22% Piston Ring Co...——2.50 Muskegon 15 17 5 55% Muskegon Motor Specialties conv cl A.* Muter 6% 16 4 Inc Schenely Candy 500 4 Jun & 5 Transportation 5% 25 pref— Ward & Co 16 — Sep 1% 22% Feb 750 Jan 33% -.1 Monroe Chemical Co $3.50 16% 16% 10 Inc Auto 10% 31% ~4% * Drive 26 9% Aug 12% 1 vtc common Missouri Portland Cement Motorola Aug July * Brewing Co Montgomery 9 25 4,100 • Inc.— Piping & Supply—_— Minneapolis 15 130 3% 56 Co.— Brick Middle 18% May 11% 4 Metropolitan Oct Apr 33 % * Cement Portland 19% 11% 3 % 16 4 Field & Co Marshall 13 % May 11% 14% Oct Jun 10% 110 1 Dredge Co Four-Wheel 10% 10 * & 8% ,_4 Mfg Railroad Fitz-Simons 9% 15 Electric Controlled Falstaff 9% 5 class de Nemours Eastman Kodak Erie 8% 5 Dow Chemical Co du Va 25% 1 Dodge Manufacturing Corp Doehler-Jarvis Corp Domestic 8 25 Curtiss-Wrlght Corp (Un) (Ky) Elec Jan 38 B class Mfg 5,100 16% 7 —1 • —1 Lindsay Lt & Chem common— Lonergan 250 16% 10 33% 7% • — 19 % 13% Oct 18% Mar 7% July 5% 4 & Libby. Printing Co common Lincoln Pepsi-Cola Container common 200 23% Mar 25% 3 % 10 Libby McNeil Ohio Cleveland Co Midwest Mar 300 14% Feb "14 2,450 20 Co & 645 9% 30% Mar 11% 5 Co Sessions Co 13% Mar 16 18 12% Feb 50 19% 14% Jan 10 180 16% _1 conv 30% 1,600 20 25 Corp & Co (Un) Gas Lamson Oct 10% 18 _ Laclede-Christy Laclede 17% Sep 33 % University——5 Extension Salle La Louisville Gas & 46 10 Light Electric Convertible Feb 15% 19% Biscuit Secur Certain-teed 6% 10% 49 South West Corp. Illinois 111 Oct 52% Sep 1% Mar 43 19% (Un) 15% Aug 22% Jan 12.50 Brewing Co——... Central 43 Jan ♦ Carr-Consolidated Central Jan 35% 16 47% common Central Oct 10% 15 Corp Pacific Centlivre Apr 45% 2.50 (Un) Bros Oct 9Va Oct 1 Co Burton-Dixie 7% » J) (E Co Inc Li 27% 5 & Bigelow Sons Oct 5 10 Corp Brach 27% • Corp W) Corp— 9% 8% 19% 1 Co Kelley Island Lime & Transport—— Drug Oct 135% 3% July Apr 20% 11% 300 16 25% Illinois Iowa Leath 650 Jan 9% July * 10 33% 1% 58 % 46% Elec (Un) 50 4% Mar & Feb Jun 38 38% July 200 Gas July 1 537 270 13 % Iowa Power St Light (Un) 1,135 4% ~4% 1 Corp 48% 1% lp Fisheries (George 22 Oct 4778 43 13 • Co 13 4674 Jan 450 41% 47% 48'4 Oct 42 4 38% May 12% Aug 4% July 5% Jan 3,300 41% 5 Co 8 21% 10 Benguet Consol Mining Berghoff Brewing Corp Bethlehem 7% ~ 2,700 Apr 7% Jun 28% 1474 Apr j 1% Oct % 48 74 Oct 5374 13% 1% 24 Jun 13% 47% 103% Oct 9% • 10% 200 21 % Jan 4% (Un) Jun 246 52% Jan Tel Jan 2,350 Jan 14 St Jun 7% 1,300 15% May 9% July 34 Va Tel 1 27% 8% 8 350 210 International 7% 6% 2,550 May 27% 131% 134 Va 21% 4 920 •26% 10 52 1974 Shoe 1,650 7% 10 51% International 13,200 » May Apr 12% 1% ___4 Oct 30 15 10% _100 Corp 29 Mar 7.50 47% 2,300 July 21 % (Un) 9% 27% 22 210 2874 Paper 44% 25% 300 28 52 Packers Ltd 1(4 20% July 2774 53% International 10% 1 Apr 27 10 * Kropp Forge Co. Ashland Oct 4% Jan • Sep 46 34 1 1% Jan 27 8% 8(4 Aug 1 Co 1,300 27% 2874 International 7% 5 common Manufacturing 4 Oct 28 43 36% July Apr 10 (Un) (111) 9% 3% l Stand Copper Steel Armco & 9% * (Un) Investment American 50 1 ———— American 7% 7% —50c (Un) Laboratories 7% 7% l Mfg.— Alleghany Corp Allied 5 .5 Bearing 5% July 6(4 Jun 250 3% 20 34 International Advanced 409 4 Steamship Co Interlake 1,000 - Steel inland 400 2774 38% -- 1 Co Products Steel Warrants 28 27 10% Mar — — • Indianapolis Power & Light 10 Corp RR Central 21 26% 4 10 100 Co Brick Independent High 43% 1 4. 9'/?* 37% 10 Illinois Sales Feb 15% 27% 50 Illinois Week's Friday Aug 150 28 Door common St 11% 1% 700 10 1 .25 Co Bartlett. Corporation Hupp Oct 10 % July 274 22% Hydraulic Press Brick $6 pfd Huttie Sash Jun 2% 25 Brewing (G) Spencer 13 % 10% 9% Harnischfeger Corp CLAIRE High Aug 9 10% Co Instrument Co Hammond Low 1,150 12% (Un) Co 11% 2% Griesedieck Western Brewery.. Hauler alters 11% 1G 74 Cooperage class A. Greif Range Since January 1 High 1074 (Un) Drug Stores Great Lakes Dredge <fc Dock.. Gray Central 6-0780 Exchange (W Co Oraham-Paige Corp Members: Midwest Low Par DAYTON & GERNON Oct * Signode Steel Strapping Sinclair Oil * Corp Brand Clothes Inc (Un) 5% 1 _ 15 ,_15 2474 5% 850 24% 24% 2,522 16 Feb Tolume 172 Number 4953 . . The Commercial and Financial Chronicle . (1563) OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED Week's Sales Last Range for Week Sale Prifn of Prices Shares Friday STOCKS Par South Bend 8out.nem Lathe Works Co Gas & Pacific Co of Standard Oil Co Standard Oil (N J) Standard Oil Standard 11% 10% 11% 7% 7% 57% 58% 10 (Ohio) Container Studebaker 38% 39% 115 84% 86% 1,835 Sunbeam Co 33 22 Va 24% —5 __ 16% 1 _ _ 1 (Un) _ . _ Machine 16 1 Co World 208 So Salle Corp United Paramount Van Lines Sep ibti 21% Apr 7% Jan 10% Aug 69% Mar 16 Jan 9 Oct 36 Vb 25% July 39 y« July Aug 10% Jan 17 Oct 33% Jun 40% Oct Oct 200 10 Jun 14% 14% Apr 19% Aug 29 24% July 15% Jun 20% May Apr Oct 15% Oct Theatres corn- (Un) 50% 50% 70 48 47% 1,225 41 18% 2,300 Electric Corp Jan 4% 20% 300 15% July 23% 20% 200 16% Jun 23% Jan 41 VB 39% 41% 7,400 25% Jan 41% Oct 10 50 330 11% July 15% May 730 29 Vb July 36 22% 22% 100 15% Jan 23% Aug 14% 150 13 Aug 16% Mar 8% 9% 910 12% 12% 450 16 850 8% 1 _ '' to 14% 1 9 • Inc 12% _ Aug Jun 5% Mar 9% Oct Jan 13 % Oct 11% 16 15% 13 July 16 Jan 11% 12 350 10 Apr 14% Jnn 50% 52 Ve 592 50% Oct 53% Oct 5 _5 - — 6% Mar 51 _2 Co Air Reduction Co (Un) Allied Chemical & 1 Airlines Factors Ltd Amer Radiator (Un)_ Dye American Inc San Stan to 1 American (Un) Tel American Viscose & Tel Range Tel & _ _ Shares Arundel Corporation City Elec Co_ Baldwin Locomotive 100 Anaconda Copper Mining (Un) Baltimore 5'/c Transit 1st Budd Co _ Arkansas Nat & Atchison Atlas Davison Power 15 18% 1,169 13% 14% 900 9% Mar 1% 1% 109 1 Vb May 3% 7% July 15% Gas Co 50 Storage Fidelity & Top & Santa Fe Corp Baldwin (Un) General Motors Corp Gimbel 1 16% 18% 1,325 12% Jan 18% 80% 968 62% July 84% Oct 9% 3,875 5 Vb July 9% Oct com — __ 26% 26% 60 19 26% July Oct 20% 10 20% 21% 298 19% July 24% Mar 43% - Co 8% 26% -13% 42% 43% 442 35% 67% 125 Apr 57% July 44% 67 50 Vb 53'% 6,527 49 54% — -5 com Brothers 51% 5 _ 19'/« 10 Lehigh Coal & Navigation Lehigh Valley RR 19% 155 8% 9% * 9% 235 Corp _ Pennsylvania RR 7 Feb 21% Oct pfd 8% 10% 83 4% % 20 % Mar Bendix Home Bethlehem Blair 12% Oct 11% 12% 1,360 24% 25% 2,157 21 % Jan 27% May 19% 21 6,236 14% Jun 21 48% 48% 245 41% Feb 51% Oct 36 Va 36% 37% 284 30% Aug 39% Jan 58 % 58% 200 58 % 58% Oct — div $1 preference 9% July Oct Oct Transportation Co com Participating preferred __ 20 Corp Public Service Si. 40 div El & Gas preference Steel Borden Sun Oil Inc United Co Buda * Westmoreland 1.608 3% 7 1,625 4% July 8% Aug Oct July 1,266 32% Mar 54 Apr 22 Vs 22% 1,141 20% Aug 26% Feb Inc Dept Chrysler Cities 13% al4 135 15% 15% a47% a48% al5% al5% 565 9% Jun 15% 265 35 Va Jan 51V4 Aug 30 13% Aug 13% Aug 30% Jan 13 5 • 1 5 (Un) 5 Corp • common United Steel States RR i (Un) (Un) com 15 Va Aug Mar Oct 45% Oct 45"% 936 2.80 38 5,495 2.10 Jun 489 24% Jan 49% Jan 41% Mar 58 Feb 71% a50% a50% 6 a68% a68% 50 3.25 Jan 38 Sep Jun 10 10% 335 ll'/a Oct 16% 17% 17% 350 14 July 18 V* Jun 21 Apr 25% Oct 8% Mar 18% Jun 16 13 Mar 50 285 41 Aug 50 Oct a47% a49% 231 34% Feb 52 51 Aug 53% Sep Feb 53 19% 53 19% — __ 5% Mar 50 50 a49% Jun 3% 15(4 __ 19% a52% a52% 500 20 14% Mar 20Va Oct 10 42% Jan 42% Jan 1,185 32% Jan 47 Oct Mar 40 Sep 845 45% 47 39% 39% 310 1.50 1.65 5,300 1.40 Jan 33% 31% 33% 1,250 Oct 16% 228 25% July 7% Jan 33 Ve 16% 17% Oct 46% 46% 392 29% Apr 46% Oct 100 (Un) 30 3% Iron & (when 20 Edison Consolidated _25 Indus class Natural Gas Co Consolidated Vultee __ * A __ (Un)—• (Uni __ 15 __ 1 16% 1 8% Aircraft Continental Motors common Oil Creameries Co of (Del) (Un) 5 (Un) Inc America Zellerbach Crown — 1 Corp common — 5 Preferred * preferred Crucible Curtis Steel Curtiss-Wright America of Co Publishing 63 Va Jan 83 Jun 500 68% Feb 88 jOct 36% 311 31 July Apr 37 Oct 15% 23 Sep 19 350 100 a22% a23% 267 19 28 28 a44% a44% Feb 16 % 27% 18 37 22% Sep Sep >32 Va Mar Oct 47 July 33% May 122 26% July 43 % Jan 705 10% Jan 17% July 180 6% Jan 550 a46% 15% 16% a45% a__ a__ 120 28% 28% 45% Apr 9 Aug 8% 8% a76% a77% 145 57 Jan 61% Mar all all % 80 10% Sep 14 2.029 27% Jan 43% 103% 103% 92 102 % Jan 105% May 127 96 100 Jan 128% (Un) __ — 5 — 5 common Mfg — 0 * Co Dominguez Oil Fields Co (Un) — • preferred Doernbecher 126 — a29 9% 10% 1,132 56c 58c 1,606 20 20 115 19 19 % 90 3% 3% Jan 55% Jun 72% Oct 3% Jan 4% Apr Eureka Va Apr Ewa Emporium Capwell Corp Ltd Co 11% 68 23% Jan Oct Oct 90 May 4 Ve 3% July Aug Oct 29% Jan 37% Jan 70% May 6% Jan 7% May 80(2 Jan 9 530 Oct 58 % 20% 72% Sep 23% 500 — 70% 60c Jan 385 10 (Un) Aug 11% 518 0 & Share Co 50c 6% 5 Works- Oil Aug 37% __ Dorado Oct 11 69% a46% Electric Bond Jan 6% (Un)__10 common 18 Sep 9% Jun 7% 371% 10 5 Co 955 245 * 28 Feb 6 627 Oct Oct 67% 15 Kodak 177/is 50 9% 9% common Co 43 a29 Bridge (Un) Pont (E I) de Nemours Chemical Dow Dumbarton au __ 2 common 42% 90 — ♦ 1 Co Giorgio Fruit Corp A S3 __ — (Un)__* (Un) Co Corp Cypress Abbey Di __ • 2nd El 4 a23% 1,326 88 18% al9% a 1 80% 36% L_ issued) Chemical 78% __ • common 2.60 May 87% 79% 10 Consolidated Edison Co of N Y — 50 • __1 80% 851 61 Va a45%a46% 254 10 20% 1.030 8% July 130 50 1,334 82% Aug 40% Aug 15% July 36% July 47 % % 48% Apr 12% Feb 23 Va Mar Oct 50 21% Mar 1,367 Apr Plantation Week's Light — (Un)—100 prior pfd & Power (Un) 0 Chemical com—10 al9% 33 25 13 106 106 al9% al9% 12 106 33 33 % 355 32 U % July 1,900 al4% al4% 19 Vb 25 16 Jan Mar 106 Mar 22% Mar July July (Un) • -- 48% 49 1.004 General Foods Corp (Un) • a50 a48% a50 52% 5,523 13 17 17% a49% a50% 27 28% 2,700 14% 69 69% 61% 62 a2 a2% a42%a42% 10 % 10% 2,923 33% Motors General Paint Corp Corp new common___5 — 50% — ■ 12% 173 Oct 50% 10% Aug General for Week Apr Jun Electric Co General Sales Range Prod Board — --20 Co Machinery & of Prices Low Shares Range Since January 1> High Low High Convertible Gillette 38% __ 38% 53 21% Jan 38% 16% " • _ 16% 55 14 Apr 17 12% 12% 151 11 % July 14% Apr Golden 11% 890 10 % Jun 14% Feb 4fo 22 21 % 22% 12% * com 12% 12 Vb 430 50 19 11% Oct Gladding Jun 41% Jan 46 Aug 50 Va Mar 49 Vb Sep 54 100 preferred Co Graham-Paige 75 20% July 27% 45 29% July 31 60 Oct Nor Rubber & Ry Oct 14% Jan Jan Hawaiian Jun — a42% — 14% 12% Jun 67 Jan 73 44% Jan 64 % Sep 1% July 35% July 2% Feb 43 V4 Feb 285 9% July 11% Jan 16% Mar 65 110 20% 20 20% 2.60 6% 2.00 Corp • — 2.75 6% 68 2,600 Oil 12Va 6% 17% 15% 34% Mar Holly Development Co 12% Holly Oil 19% 20 495 18 25 Oct May Honolulu Feb Hunt Ltd Car Motor Foods —— Co Inc 6% 86 16% 14% 17% 15% 2% ___ _ 3 Vb 25 -10 « - 3% 3% 730 2 8% 40% 40% 100 32% 39 - ■ 39 % 319 31 8% 52 8% Jan 4 Mar Idaho Maryland Jan 42% Apr Idaho Power 41 Oct Independent 9 Sep Int'l Nickel 1,250 1.60 3% 6% Mar —1 — __ t c. 23 % 14c 24 2,600 % 610 _1 . 5% 5% 100 37% 37% 20 4 __ Westinghouse Electric Corp For footnotes see page 41. 13c a - v Brake -1 14c 12% 24% 7c Apr 18c 18% .Un 25% Jun 6% Jan 4% July 27 % Jan 39 Oct Mines Corp Co (Un)—1 1.15 20 a35% - 33 %c Exploration (Un) of Canada Tel Johns-Manville & Corp Tel com (Un) Power 32 Vb 29 32% 1,093 24% July 32% Oct Kennecott 33% 32% 33% 381 29 Va July 35% Jun Kern & Light (Un) Corp (Un) Land Company Copper County • 34% (Un)—• — * 1 Kaiser-Frazer Corp Kansas — 1.10 1.25 8% • 5 — 7 -- a66% -- a35% a35% 20% Aug 2.75 Feb Oct Feb 7 Mar 96 Sep 17 % Oct 49 753 13% July 500 9% Jan 15% Oct 2,900 1.10 Oct 2.05 Jan 115 700 9% 10 34% 14% 34% 14% 43% 45 485 7 7% al7 8al7 /8 2,970 a65% a67% 62 63 Aug Jan 445 Oct July 16% July 160 00— preferred Jan 365 • 23% July 8% Mar 6% Jun 29 -1 1 50 20 150 3% July 42 Va Feb (Un) 20 12% 8,516 15% July 37% Feb 21% Co PineaDDle Co 50 29% 5% 18% 195 200 1,712 12% 4% (Un) 1 • 3 50 5% pfd non-cum Greyhound Corp 29% 5 69 61% 423 May 1 July 14% (Un) (Uni Corp 5 20 Oct • 100 Ltd common I Tire Goodyear Feb 30 50 State Jun 27% 25 preferred 17% 30 -- a50% 27 • Co & • * May 24% 26% — Co Razor McBean Jan 30 common preferred 2nd Safety July 27% __a Spring Air Apr * Ve.nc.dium Alloys Steel WestingHouse Co. 25 Commonwealth Sep 19 -1 com 9 Va 16% America Co Fuel Consolidated 45% 100 Grass.. Glass — a68% 25 (Un) International Standard Jau 10 Jan 27c July 44 __ 5 Preierred 44% May — Supply — 9c 5% 2.70 35% __ 2.75 10 Ohio Ry Paul Common Aug 21% __ Toy Mining a48% 33%c Corp Colorado 33% 21% -10 Pittsburgh Screw & Bolt Corp_ San a 15% 5% July Apr 1,147 Clorox Chemical Co Hudson . 9 Va 152 14,900 (Un) Mining Service 38% Aug Last Refractories Plate Sep Feb 25 23% Aug 76 8 • of & St Eastman 29 8.50 convertible 135 14 25 Corp Mil Oct 22% July National Fireproofing Corp $2.50 Apr 132% 6% -50 Preferred Feb 220 Manufcaturlng Co Common Oct 10% Jan 7% 104 13 7% Co Packing Chesapeake Chi 30% 27% Mackintosh-Hemphill Pittsburgh a23% a24Va 1.65 161 Steel— Brewing __ • 1 26% Aug 3% (Joseph! Plttsburgn al31% al32% 12 Jan 11 % May 170 6% Co Eureka 20% 27% Brewing Fuel Feb 47 25% Aug 3% Gas Co Mountain 39 270 10 Great Joy July 12 25 792 Friday Co Jeannette Glass 1% 31 10% • Ink 198 27% * Walker 830 13 Store Cement 11 % Hai bison 37 12 15 California 43% - Horne Oct 36 10% ____100 (Un) Corp (Un) Co capital Calaveras 40% Sale Price Pitt 37 7% (Un) California 39% Par Fort Mar 100 125 Pittsburgh Stock Exchange Equitable Sep 28 4% 41% _ 72 , __ 36 V» 2,022 4% 42% STOCKS _ Jan 37 1 27% * „ Jan 35% Calambra Sugar Food Co 161% May 97 V4 Sep Feb 146% 69% 130 Fibre Elaw-Knox 23 25% 25% -1 _ Ludlum 65 25% Florida Alleghany 60 • 26% .13% — Improvement 2,242 Byron Jackson Co ~ . 151% 151% 6% Co 24% _ Corp Gas 4% 7% 47 — * United 4 _50 Co 26% Mar 44 % & common Jan 3 Borg-Warner Corp common (Un) Broadway 27% May 23% July 22 Vb .. common Dohme & 23 Va July 253 7% • * common 7,010 25% 45% • common- — Paper Sharp '• 3 Reading Co Scott 4% _ _ Philco 26% 24% ' • Phila 25% 26% • common 18 % 16% May P10 (Un) Corp Holdings B • Philadelphia Electric common 11% July 12 2 50 (Un) Appliances Airplane Oct 12% * 350 10% a24V8 (Un) Ohio RR Aviation % May 20% 50 - 10% Jan % 10 Pennsylvania 8alt Mfg common Pennsylvania Water & Power Co__ 13 Jun Sep 9% 25% 50 _ _ Philadelphia Company 6% 1 » Pennsylvania Power ti Light Oct Jun 14% % Pennroad 15 Oct 68% Mar Sep 10 % _ Jan 350 a97% a97% __ 5 Locomotive Bendlx Continental new 58% Aug 12% Aug Sep 9% 16 13 37 100 (Un) Baltimore & Apr 78 9 Vb * Battery Deposit 300 15% Aug 18% • ___ 56% 335 Apr Jun 15% • (Un) Oct 2 Jan 22 July 18 78% ___ _ 10 a57% a57% 11% 11% 5 Corp A (Un) (111) __ 20 Avco Mfg Corp common Jan 550 11% 11 __ _25 _ Light Electric 17% Mar 13% July 14% 100 __ Corp & 161% May 18% • Chemical Delaware Jan 13% Company common 146 Vb 2,339 15 » — 2% • (Un) Atlas Imperial Diesel Engine Atok-Big Wedge capital Oct 36 29% May 552 36 152% High Low 18% common preferred Chrysler Corp Curtis Publishing Co Range Since January 1 High 13 _ 22% 50 a34 a34% __ 14 (Un) Anglo Calif Natl Bank Central 10 ______ Works- 150 151% • Atlantic 34% 36 100 - _ 480 a3% for Week of Prices Low * Stores 26% 38% Apr 26% Oct 3% July 13 Caterpillar Tractor Co common Sales Last Sale Price Par Tel 21% July __ • Co Corp com American Woolen Co common Celanese Week's Friday American __ 20 Canadian Pacific Ry (Un) Case (J I) & Co (Un) Philadelphia Baltimore Stock Exchange American 52% Jan 290 a 3% __ * (Un) (Un) Preferred STOCKS High July 30 • Alleghany Corp (Un) Boeing 8% (Un) Machine 3% 1,800 13% _ Low 41 10 29 % __ Jan 20% 33% Bankshares Industries Jun 13% - Youngstown Sheet & Tube. 18% Aug .32% common Willys-Overland Motors Jan 20 4 _5 _ Co Wieboldt Stores Inc May -12% (Un) Westinghouse 13% Sep 51 20% 4 • Works 51% July 17 35 Jun 46 Vs 18% 1 - _ 15 Jan 50% 1 — _ 59% 855 47 % 1 interest a44% a445/8 25 __ i Feb 450 50 » Yates-American 75% 13% 18% 75% 204 10 (Un). 5 Corp Armour 18% 73% 650 ft Laboratories Admiral Range Since January 1 High Jun 687 18% . Pictures Woodall 33% 25 VB 10.100 15% Corp Inc of Iron Wisconsin Jan l?>-» 250 39% Low Par Abbott American Oct 86% Jan 18% July 25% 1,600 29% (Un) Motor Sep 39% Aug July 66% 495 15 * Bros White 34 1,050 18 % Corp Dorn 42% 2,550 17 29 Shares Oct 5 St Air Warner 58% 5 Inc Carbide ft Carbon. Steel Jan 15% 15% 74% 2 _ _ United s Aug 50% 38% 18% Co United U 8% 750 — Co Airlines Coal Certificates 11% July July 35 % 16% 25 __ Axle (The) La Union July 6 13% (The) Truax-Traer 9 30 14% 15% 25 Corp Timken-Detroit Trane 250 33% Thor Trans 770 12% 49% a ... 9 62% Aug Jun 8 % Mar 953 16% 8% _ 33% - Tool Sunray Oil (Un) Swift & Co Texas 32% 24% * Corp Sundstrand 33 -1 July 50% 565 10 common- (Un) Corp Corp — (Un) 15 % 1,700 57% for Week of Prices 23% May 61 25 Sales Range Sale l'rice 13% Mar 19 25 Kentucky Spring Stewart-Warner Corp Stone 10% July 1,140 11 1 - Steel Co 3,200 59% • Indiana of 11% 20% Week's Last July 11% 11% Corp 23 Jan 150 Exchange Friday High 20% 61 _ Standard Gas & Electric Oil Low 20% 11% 2 Inc Standard Forgings tspiegei Standard 19% • Elec San Francisco Stock Range Since January 1 High STOCKS -ft Southern Indiana Southern Low 5 _ OCTOBER 20 300 321 20 38 9% 9% 41 34% Oct Jan 16 Apr Aug 51 May 4% Jan Sep 50 730 45 % Mar 12% May Jan 16 Vb 384 38 Mar 25 Via Mar Mar Jan , 9 Vb 19 Sep Mar 65% Oct 63 Oct 35 V\" The Commercial and Financial Chronicle (1564) . . . Monday, October 23, 1950 OTHER STOCK EXCHANGES OCTOBER 20 RANGE FOR WEEK ENDED Friday Salt Co LeTourneau for Week Shares Libby McNeill Lockheed Loew's (Uni Lyons-Magnus Macy &, Magna vox Co co J & M & Monolith Montana Jan 34% Aug B Machine 721 1.45 100 18% 32% 15% 117 11 Jan 24 33 33% 733 23 14% 15% 210 10% 18 13 18% 800 13 18 a40% a40% a41 1,154 l- i Inc (Un) Inc common 2.65 2.50 2.65 1,086 al6 al6 1 July 16c 20c 55,950 10c July 26c Mar 30c 72,200 13c July 30c Oct 5% 9% 5% 263 9% 16 66% 26 26% 535 8 Natomas (Un) 19% 19'/2 19% tUu/ 66% Oct 720 20 1,350 14% July 23 600 20% July 26% Sep a8% a8% 30 7% July 11% Jan Power • North American Aviation North American Invest Oil 17% (Un) Cons— Railway 20% 14% 19% 1,475 21 19% 1 common—100 17% 11% Jun 21% May Oahu Ohio Sugar Co Ltd Oil Co 17% Oct 444 19% July 14% 132 10% Jan Edison Rights 182 16 Jan 21 70 70 70 343 40 Jan 72 28% 390 18% Jun 28% Ohio Oil Co Can Pacific ( Un) Fisheries 5 Co Coast 30% « 16% Oct 1.40 18,<*61 235 3.00 A Oct sV Oct 40 16% 300 11% Feb 17% 8% 8% 100 7% Jun 9% 701 37/a July 6% Gas & Electric 25 common 5'A 1st 1st 4.80% 1st 5% red 5% red preferred A 7,629 30% July 35% 35% 1,319 34% Sep 37% 32% 32% 144 31% Jan 34 28% 28% 300 28% Oct 31 % Light Corp preferred $4.40 Pacific Public 1st 28% Cumulative So Cal Tel Pacific Western Packard & Tel 28% Motor Pan American Paraffine World Oil Jun 51% 10 21 51% 23 48% July 847 70 20% 21% 15% 23 23 102% 104% 262 a50 % a50 % 101% 1,550 20 4 1 _ Jan 35% Jun Texas company Jun Tide 59% Sep 31% 1,045 22 Feb 31 % Sep ) 24 % 25 2,553 16 Feb 25 Oct 38 % 39'A 1,223 29% Mar 39% Oct 33% 537 31% July 36% Jun 27% 28'A May 27'% 440 26 Sep 28% 85 28 July a30 % a 30% 50 29% a27% a27% . 50 28 a28% • I' . a Union Jun 20% 21 18 33% Oct 36% Mar 15 14% 15 612 13 Sep 22% 11% 11% 730 10% July 61 1,182 al4% al4% a29% 20 a29% a30% 11% 11% • 17c 13 23 23% 634 74% 74% 75 2,533 Carbide 1,674 1 — 3% Jun 8% Jun 13% July 161 18% 55% United Apr Air 21% 22% S a43% 48 1,282 80 Lines 61 Jan 77% Sep 189 42% Jan 57% Oct 673 66% Jan 86% Oct 34% 1,185 30% 254 39% 50 a Week's 4% Range 10% Feb Jan Wells 21% 20% Jun 1,945 23 Jan 32% Oct 17 8,261 14% July 19% Jun a40% a47 % of Prices Shares ♦ 40% July 50% May 1,432 24% May 33% Sep 157^8 371 13 % May 17 Aug 30% 237 25% Jan 33% Aug 16% 18 'A 1,496 13% Jan 18% Aug 4 17% 246 31% 30% 1 (Un) 4 230 3% July a 18% 1 16% July 19 % Mar 15% July 21% 26% Jan 41 % Oct 5% July 7% Jan 18% a • Bank Preferred Sep Oct (Un) U & Petroleum 20% 20% 20% 206 41% 39% 41% 2,422 7% _ 7% 545 283 Insurance 11% Mar Western Air Sep Western Department 19% 42% 42% Union Lines Inc RR Co 5'A 1,650 4% 13% 60 Western Westlnghouse 14% Feb 22% Oct Jun 48 Oct Woolworth 44% Sep Yellow Telegraph Elec (F Cab W) Co (Un) __ _ 33% a __ , Range Since January 1 Ltd preferred 12% Apr 7 % Jujy 16% Feb 20% a44 35 30% Jan 43 1: a39% a40 a32% a33% High Forgings Canada Iron Oct Canada 4% % 24% 25 Aug 23% 335 21 July 25% Api 9% 5% 9% 225 7 July 9% 26% 24% 26% 8,920 Jan 26'A Oct • 371/2 87 89% 3,436 52% Feb 90 Oct 27 26% 27 149 26 Jan 27 Mar Canadian 6% 6% 450 6% Apr 9 Jan Conv 9% 8% 9% 7,095 7 Jan 83 % 82 84 230 72 July 9c 10c 7,800 6c Aug 25c 37 36 37 2,070 24'A Jan 37 Warrants Asbestos Corp Bathurst Bell • Power & class A Brazilian British Canadian 84 Oct 9'/4 520 47 390 5% 30C & Note Oct 38% 37% 38% 2,226 39%- 38% 39% 12,936 1.10 1.20 162,031 1.01 Oct 1.20 Oct 6.60 Oct 9.80 • American Oil 25 Jan Sep 38% 42% Oct Jun 6.60 6.60 200 22% 22% 23% 19.214 19 Jan 24 % Jun 14 14 14 360 14 Aug 15% Apr British Columbia Forest British Columbia Power pfd Products 30'A 29% 30% 4,626 30 29% 30 265 26 Mar 100 a90 a90 a90 70 90 101 115 100 • 5 4.90 5% 19,675 2.75 Jan 5% Oct ♦ 32 31 32 990 27% Jan 32% Jun • Columbia Elec Co 4% 4% % preferred • _100 British 5% Week's Class Bruck B ; Mills Class A Ltd class A 4.70 4.60 4.75 775 2% Jan 5% Jun • B Building • 101 101% 25% Jan Dredging For footnote see page pfd—. for Week Shares Low Class Range Since January 1 Low High High 8% 8% 230 7 May 45% 48% 3,054 34 Jan 49 29% 29% 29% 966 29 Jan 29% Oct 26 26 75 25 July 28% Feb IlO 30 33 1,304 19 Jan 10% 65 8 July 5 100 Jan 32% al01%al01 % .100 . 812 Oct Sep 33 Oct 12 % Jan 102 July 24% 24% 24% 690 14 Jan 25 % .so.; 45 45 45 355 34 Jan ' 45 Oct * > 21 20% 21 % 7,264 19% Sep 23% Jan 30 30% 5?5 30% Oct £ A 23% 30 common Ltd 22% July Aug 105 106 25 21 23% 385 18 Apr 23% Oct 21% 21% 250 19% Jun 21% Oct •15% 14% 15% 4,970 10 July 15% Oct 16% 16% 17 791 14 Jan 17 % Oct 44% 43% 44% 2,261 28% Jan 45% Sep 39 38'A 100 Canners common L Canadian Car & Foundry common -* A ; 40 >, V Canadian Celanese common series $1.00 series Canadian —25 preferred 102% Jan 106 Oct 39 200 37 July 40 23 % 23% 200 22 May 24 €4% 23% —25 preferred 32% Jun Oil Companies preferred 72 8S7 30 July 72 Oct 27% 29 1,060 22% July 31 May Mar % Jan Vickers Cockshutt Jan 91 % Jun Coghlin Jan 102% 18% 18 18% 900 ?•!'; common 15% July 9 8% 9% 4,335 6 Jun 32 32 33% 1,511 29 Aug 7.60 7.60 7.60 150 5.80 July 19% Mar B Distillers 12% 14 19% Ltd Co Mining . 22 13,185 12% 14 21% 11,250 14 July 21% Oct 13 % 13% 1.900 12 July 14% Jan Jk Smelting. 120 % 123% 3,315 91% Mar 123% Oct 26 50 11% 13% 17,859 12 14 1.645 -A?-"* -JSShf. 28% 26% 29% 46,575 9.75 Mar Dominion Corset • Bridge Coal 6% Sep Sep Oct - 22% Jan 29 Oct 13% Oct 14 Oct 19% July 27% Oct 8 8% July Jan Oct 41. \ 55% 56% 1,029 39% July 56 % 22 21 % 22 605 19 July 22 Oct —I*.? Ltd 55% —□25 preferred Co Oct % - • Seagrams Dominion May 104 — _ Dominion 18 Oct Glass Oct July 1 a *'■> Mar 13 _ • May 9% 36 100 6,332 121% ■r# __ Corby (H) Distillery class A Class 15 160 21% 21 _25 " Mite-r Consolidated 975 100% 27 % 17'A 13 _ _ Sep J) 17% 100 21% 14 -190 Railway. Plow (B 17 100% 26 Pacific Canadian 29 — Canadian 5% m'r'-- Foreign Investment Canadian Locomotive Jun 5 Ltd 4%% preferred 32 !__• Products Gold Sep Sales Range of Prices common preferred Consumers class Oct Apr 6 ' 38% 25 common Preferred 9 V' 50% Apr Feb Power—_* Co 3% Feb Juiv 5% 43 Mar • « Light Bank Sep Jun 5% cori> Breweries Canadian British Bulolo Oct 1.20 Tractor Amer v9% 25 — Bralorne Mines Limited 40 36 10% common.. povkri Steamship preferred $1.75 Paper Telephone Rights Mar 8% _o Jun 100 Oct 20 47 A Foundries Canada 22% 25 : class Safeway Ltd 25 9% * Oct 29% Julv 46 % —20 Northern 45% 23% • May 10% Aug 167 9 — comrnuu Canada • Corp 15 360 Last preferred * common 7% Mar 1,545 46% _1 Dry Dock Co Ltd class A_ Cement 20 13% Feb Sep OCTOBER 20 $1.30 Jan Jan 1.25 Mar LISTED MARKETS Caimua 22 % 16 300 1,295 It) Par 2,193 July 10% Sale Frice 25 Sep Juiy « 20% 10 1 (Un) common a39% 12% (Un; Corp STOCKS Jan u a44 9 Willys-Overland Motors (Un) 35 21% 266 19% 19% _« common.. Sep 9,410 11% July 108 2,033 13% _ 10% 1 ._50c Sep 10c Electric Corp 71 283 75c 5 5 5 ... (Un) Stores 7% 45% Jun Oct Pacific (Un) 13% 72c —1 60 % a 282% (Un) (Un) West Coast Life al3% a _100 T common 74% Low 4% — —III Apr High Sep 15% V 1 Canada Low 74% 31% 31% 10 Theatres Feb 27% Mar a47% ■ 10 (Un)_.... 4% 58 235 32% — Pictures Fargo • Amalgamated Oct Aug 74% 5 Inc Canadian Bronze Argus 39 30% 16% (Un) Bros Warner 21 for Week Par pfd 36% May 59% Jan Oct 36 Jan Sales Sale Frice . 25% July 22% Jan 31% ' Corp common Equipment Co Exchange Last 4% May 74% 8teel Victor Feb 7% 5,714 45% a43% a44% 47% STOCKS Ltd 23% Mai 17 (Un) Corp Paramount Burrard Co of Can 35c Jan 86% a39% 12% United a— 147% July 50 Friday Aluminum 11% May Oct 9% 57% Canadian Fundi Aluminium Jan 17c 21% 30% — Friday Algoma Steel rtug 33% 33% —25 common _ U a__ 103 Montreal Stock __: . 32'A (Un)_ California Jun 7 22% • Shoe Sep 11% May —10 com Carbon & 111% a75V2 a75% a75% • $1.50 preferred Acadia-Atlantic Sugar class A 62 % 3/ ' 56% — ——xbfc Sugar common Aircraft RANGE FOR WEEK ENDED Agnew-Surpass Jan 11% May Jun 13% Mar 85% 57% I 50'A 150 17c 23% —25 . 95 2 _ —25 Oil 99% July 7 ♦ 7.50 (Un)___* Paper common Mar 127 105'% May CANADIAN & May 29 —2 Western Power 33 July 2 Corp United 1,614 Abitibi 30% Mar Sep 33% __ »un/ Water Associated Transamerlca May Feb 19% Timber Feb 30% 25 Jan 13% & 32 33% (Un) 25% 7% July (Un) Oct 50 33% 10 16 45% Mar Pulp Feb 53% 6% 33% — July 155 (Un) Oct 11 Jan 39% J 14 610 Inc 53% Jun 35 42% —25 (Un) 22% Aug 1,618 Sound Feb 100 . 25 Calif 269 a59 Pullman Oct Jan 9c 412 ' • Corp of Delaware United Gas Corp (Uni 10% Puget __ Sep 20% Pure Oil Co 14% 36% Mar Jun 6% 25 (Un) 234 4 21 21 50 . Jan July 6c 60 of Co & 27 53% 30% 1 23% 125 nfd—_. 437 53 (Un)„* com Mar 2,530 prior # 15 14 9% Co_— 53 11% 260 a57% a57% 1 Corp Union 10% conv 91,389 6% 5 (Indiana) Union Oil Co of 20 % Petroleum 2,186 7c 5% Sep 53% — 9 Mold Super 29% a57% Whistle 14% 36% 6c .— Corp 29% May 33%c Phillips 14% 34% 6c tf Inc Co 29 % Phelps Pig'n —10 Petroleum Co Brands Jan 16% (Un) Aug _ Jan Dodge Corp 1U111 25 Philippine Long Distance Tel Co—P100 Co Feb 8% preferred Inc common Westates Pepsi-Cola 29% Apr Co Sep 9% (Un)„ July G)__ (A 28 16% Pictures Corp Pennsylvania RR Co (Un) 26 625 — Co Pacific 28 * Paramount 455 8 5 Inc 27% • common 2.9% 7% — 5 135 Airways (Un)_2.50 Companies 29% _ 363 100 (Un) 29% 1 series A Co 585 10 common 1 _ California 29 15% Corp - - (Un) pfd 28% common common Oil - preferred 4.88% Co Gas Common Pacific 34% 25 29 101% 102% — Oct 29% Mar —25 28% * Service preferred 48% Mav 37->., 490 4.56% 29 * (Un) com 27% Feb 39 % Mar 363 4.48% 28% —— Portland Cement 33% July 33 preferred 25 common Pacific 264 46% preferred United Pacific a35% a36 % — cumulative 25 preferred Oct Jun 25 preferred series 32% 25 preferred 32 25 preferred 43% Jan Cumulative Studebaker Feb 28 1st preferred 5%% 5% 32 % Jan 19% Convertible Swift Pacific 23% 33 Standard Oil Co of N J (Un) Feb 4% 812 • Edison Standard Oil Co Oct 4% 43% 2,833 (Un) Oil Pulp Co Standard Sep 16% 5 Jun 46 (Un)— Corp Calif Standard 34% May Jan 35 27% Co Co Spring Valley Apr 28 % July 27 Jan 26'A —15 Oil Spiegel 12% Mar Jan 10 1,021 13« 5 Aggregates 1,200 a40 a40% a40% • 495 1.90 30 372 common 10% 1.85 8 i American Pacific 10% — 30% 41% P10 Southern Oct 1.90 Feb 127 33 Inc Spalding Sep 26% l Oct Apr 33% 5 Southern Aug 23% Mar 27% —20 . common w Pacific (Un) U — Foods Southern 16% July 20 10 — 43 __ ■ Sperry Corp Oceanic Jan 46% Co 4.32% May 100 (Un) 24% (Un)_.• A Co & Water Southern 26 17% 74 27% Inc Roebuck Oil Soundview Mar 28 19% • 23 33% „ — class Co Mining Socony-Vacuum 18% Jan Mauricio San Sinclair 25% 17 % 149 High Jan July 46 a35% Signal Oil & Gas Co class A • Company Co Products Fine W 50 1 — Oct • Fibres and 12% "lO Co - Safeway Stores Sears 10% May July - 59 59 • Corp Aeronautical Shasta 23 % May 23 % July 65% 5% July 8 51 % 433 Bros Shed 19% July 25 • (Un) Mar 4 a22% a22% 1 Distillers 3.50 Aug 22c 514 Manufacturing 716 a43% a44% a44 (Un) Corp Low 18 59 J Range Since January 1 High 17% — Feb 19c * Steel Cement S a— Ltd pfd— _100 —25 Oil Ryan 15 1.60 18 common Riverside Roos Sep 30c io (Un) Auto 19% 19% May 10 National 18 % July 1 (Un) (Un) com • 35 Incorp Low (Un) & Realty Co Richfield Oct Jan Feb Mar P10 Mines Rheem Apr 33% America Reynolds Tobacco class B (Un) Jun 15% Equip Republic Oct Apr of Com Preferred 1.45 Mar 29% • Pacific Jan 235 • ; American July 1.35 32% 1 (Un) Co Cement Mohawk 15 32% 5 common Nash-Kelvinator Corp Northern 18% 1.45 1 National North 17% 1.45 • common Power Niagara 17% • — common RR a • —. (Uni Central Rayonier 23% Morrison-Knudsen Co Y Ry 665 Montgomery Ward <fe Co N Feb 32% Consolidated Port Preferred 14% 31% Utilities M Jun 31% Mindanao Mother Lode M 11% 1 Robbins & Mtg 50 Oct v, South 15% a 15% 9% (Glenn) McKesson Radio Apr Calculating Middle Aug 7% Navigation Menasco 34 1,640 Martin Co Apr 9% Marchant Matson 31 8% H) Co 68 9% Corp Shares Par High 32 7 class (R Low High 31% — Libby & for Week STOCKS Range Since January 1 Inc———— 1 G| Aircraft Inc Low 10 IR Sales Range of Prices Sales Range of Prices Par Leslie Week's Last Sale Frice Friday Week's Last Sale Frice STOCKS 13% 13% 425 12 July 1 Jun 13 412 Volume 172 Number 4953 . . . The Ccrmmercial and Financial Chronicle (1565) CANADIAN LISTED RANGE FOR WEEK ENDED Friday Week's Range for Week of Prices Shares mucks Far Dominion Dairies 5% pfd High 15 19 Apr 20V* 27 Feb 38% Oct 101 10 100 Aug 60 61 360 20 34% 35 65 Canadian Fandi Jun 235 101 35 a20 38% 60 preferred <■/* Low 38 38% • n^^JPr^frred common Glass Montreal Curb Market Range Since January 1 High a20 * 100 Dominion ;. Low 35 wAOn t'.0und5ies & Sleei MARKETS OCTOBER 20 Sales Last Sale Price 102 Friday Sep 44% Mar 65 36% Feb % res, Tar & Dominion 25 Sep * 273/4 121/4 265/8 11 Va 281/2 121/4 common..' 27'A 26% 27% 620 23 355 21% new Chemical Redeemable preferred Dominion Textile common 7/e B 23% 22 21% 22 13 12 13 100 172% "* 32Y* 28 33'A 19% 19% 19% preferred 20 FstflhrnSk^T'HrViZ7r~^ L J? p d S®,ls.,Fiayers of Canada Corp Canadian Foundation Co 1 25 w Power 5/* 5 15% 16% 37 38^ & pfd inc 1927 Alabastine_; 39 101 101 18% 107% il0'/4 50 22 - ■ ■ . TT4U » * M __ St a99'/2 35 ——13% 13% 13% 5.00 5.50 1834 140'% com Sicks' (H> Simpsons 37% 38% 5,598 140% 140% 444 146% 64 Aug 14 Oct 89 59% 60% 1,005 46 24 23% 24% 1,155 19 11% 11% 75 10 18y4 20 805 18% • 19y2 27 27 A • 22% Jan • 2,815 1(815 29 4d0 9% Jan 14% 7% Jan 14% Sep Sep 17 Jan Aug Jan 21 Jan 75 29 Oct 22% Apr 37% Jan 90 Jun 22 Aug 37 Jan 150 22 Jan 26% Oct 743/4 74 7434 1>848 63 July 743/4 Qct 22% 1,698 49 75 55 55 75 145 145 15 July A . 149% Co Feb common Ltd Corp Cotton .__ Walker Gooaernam Weston (Geo.) at worta com Ltd common common 22 1,555 15% 112 2,320 63% Jan 22 Scotia 10% Aug 11 Jun a9% 50 a55c 4 45c al7 1 15 __ 34 Class A Co Canada of class 19% (Frank W) 5% Paints (Can) Feb Jan 40 732 37 10 55 % 6% 2,185 47 47 47 75 of Lowney Co 11% Ltd Ltd 5% (Walter M) • MacLaren • 47% • 11'A Power & Paper Co 7% Maxwell 6%?# conv pfd 4% Oil pfd 3.95 Canada Minnesota & Paper Co Stores 84% Jan 104 Oct 59 302 50'A Jan 59% Oct 26% 3,232 July 27% Sep Russell 48% Jan Sangamo Co Reitmans 100 25 10 20% 21 1,166 20% 20'% 200 * 51 July 9% Mar 140 May Standard Paving & 152 Jan 475 14 Sep 300 27 Mar 20% 20% 205 19% Aug 24 24% 185 19 9% 3,665 a94% a94% 30 — 18% __ __ — 2,467 Oct Mar 53 Apr 18 700 17% Sep 14% July 16% Sep Jan Oct 15% . 19 Feb Oct United 22% Apr Jan 24% Oct 7% July 10% Apr 95 Apr 90 Feb Amusement 400 35% Jan 48% 11'A 555 8% Jun 11'A 17% 76 16'A Jun 18% Feb al7% al8 30 17'A Oct 18% Jan 39 42 42 Oct | 11 11 191 1,65) ; 35 1.062 40 100 301 2.50 2.50 200 1.00 1.00 1,200 26 1,400 Corporations United 20 Mar 29% Oct Western Canada 28% 29 1,250 20% Mar 29 Oct Wilson Ltd 19 21% 8,575 14 Feb 21% Oct 5 5 Windsor 5 100 5 Mar gy8 83/„ gy4 10,526 18 % 18% 19 • 55% 55% 57 28% 28 28% Jan 5% Mar 9% July 19 Oct 36% Jan 58 Oct 23% Aug 28% Oct 17 18% 300 15% July 19 37 Jan 37 39 1,979 30 42% Apr 555 13 17 Apr 15 15% July Apr . . 20% 26% 27% 1,001 30% 30% 31 1,845 403 Breweries 1 85c 11% MaiOct 100 Aug 2.90 Sep Jan 1.05 Jan 17% July 26 a30 a30 5 30 35 Jan 83% 83% 60 72 10'A 10'A 100 83% ll'A Jun 18% 18% 500 19% Jun a4.75 a4.75 13% 13% 75 110% 111 100 50 Aug July 9% Aug 18'A 4% 12 Jan Oct July 108% Mar Oct Oct 7% Feb 15'A Apr 113 May 57% Jun 56 25 53% 5% 75 5% Oct 8% Jan 10% 126 9% Jan 12% Apr 19'A 10% 19'A 50 19'A Oct 19'A Oct 22'A 22'A 35 13 Feb 25 Oct 21 21'A 200 18 Jan 21'A Oct 13 13 100 11 May 13 Oct 117% 117 117% 65 113 Jan 120 July — 15 15 159 15 Oct 16 Mar 14% 15'A 355 13% July 17% Apr 30 30'A 255 26 Sep 30'A Oct 30c30'Ac 29,100 20c Jan 40c 13% Aug — __ — —. 30'A • ._ • __ * 17% 18'A 625 36 90 Jan Apr 19'A Mar 36 a28% 36 Aug 25 28% Sep 30 Jan 34 30 34 65 26 Jan 34 56 56 56 50 52% Jan 56 Oct • 20 19 20 1,161 16'A Aug 20 Oct 14% 14% 15% 205 14 July 17'A Jan • Ltd • Anacon Lead Mines Ltd Ascot Metals Band-Ore • •, — — — 36 a28% a28% 35 Oct Oct 9 9 200 9 July 18 % 18% 300 14 Jan 19 Feb a23 a23 12 25 Apr 30 Jan • Mines Ltd_____ Mining Corpn Ltd 1.90 1 Corp Ltd- Gold 2.45 1 — 11% Mar 1.83 2.15 36,600 43c Jan 5.00 Jun 2.23 2.45 53,900 50c Mar 2.65 Jun 3%c 3%c 2,000 3c July 7c 20c Mar 62c Jan Sep 36c Sep * 50c 49c 59c 49,890 Belle Chibougam Mines Ltd 1 54c 47'Ac 59c 74,400 Bob's Lake Mines Ltd__ 1 3c 3%c 8,100 9c 10%c 7,000 Gold Bonville Gold Mines Ltd 1 Bouzan Ltd 1 Buffalo 20% 27 10 Feb Jan 2.10 5 com Manufacturing Co Ltd Base Metals 17 » 15% new (J C) Hotel 10% 50 Oct Mining Stocks— 13 3.166 210 Woods Mar 5.50 50 preferred Ltd Oct 100 Jun Oct 1,255 . A Products 29 6% Inv 11 Jan 4.00 ♦ A - Fuel 6% Mar 97 • — class Class B Mar 27 Gold Mines Canadian Gold Mines__ • — — 8c __ 20 Jan 21 VAug Cartier-Malartic Gold 1 — 24% Jan 27% Jun Central Ltd 1 30c Manitoba Mines Mines Ltd 27 Jan ___10 31 45% Oct 45% 45% 39 Jan 30% 45'A Oct 29% 30% 1,479 Centremaque Gold Mines Ltd Century Mining Corp Ltd 1 75 10 1 6c 27 Jun 30% Oct Cheskirk 1 — Mines Ltd — 8c 33c 9c 92c Jun 3%cJuly 7c Jan 2c Jan 28c May 30,500 5c May 14c Jan Mar 36c Jun 33c 1 509 15c 4c 4c 4.000 2%c 20c 30c 8,090 6c 12c 12c 5,000 6c 6c 13%c 13%c 900 4,700 Jan < » Oct Ltd— Corp Voting trust ctfs A United Sep 56 — * * 34% 21% _* Materials Ltd Apr 50 4% 5% 56 » 100 4.25 10% Mar 24 10 25'A * Traders Finance Corp class A Transvlsion-Televlslon (Can) Ltd Union Gas of Canada Ltd Westeel 29% pfd Jan Jan Oct 21 < Aug Apr 50 18 Jun Apr Power 6% 5% 10% 5% 11 — Clay Products Ltd 3.50 12% May 36% May 17% 5% __ Ltd Southern Canada 22 14 28% , Jan Jan Jan 99% 83% * Standard Sep 22% July 34% 9% common Ltd 21 38 14 • Ltd 53% May 19'A July 34 34% (Can) Industries May 7% Aug 7'A __ Quebec Telephone Corp A * R & M Bearings (Can) Ltd class A—* 26% Oct Sep 11 98 ♦ 59 47 48% . Corp of Can. b% 1st pid 1U0 6% N C part 2nd preferred 50 Purity Flour Mills Co Ltd common—10 Oct Jan 850 99% 5 Ltd 42 10% __ Montreal Service Oct 27% 420 5 10 Ontario Oct 14'A May 5% 11 • Moore Aug 50c 17% 47% * Ltd 58 11% 275 103 ( 1.75 Aug Jan 100 9 21 Jan Mar 5 10 — 10 common 15c 28 * Ltd Co July 24'A 50 Jan 143 Oct 95c Oct 17"% 42 100 common Light & Power of — * 19% 20% Oct 15% 160 15 __ 20 Ltd 21 143 7.25 Jan 100 18 __ Teleg & Tel Co Ltd com__10 cum preferred 10 Jan 20% 25% Jun 3% 5% 15% Mar __ Jan 3.75 33 a52% a52% • 14 52 16% , 17 Ltd 14 .51 Mar 11% 9 50 Canada 400 46% July May 65 10'A 21 __ • 239 290 43 Aug 3.95 __ —♦ com 2,475 47 Oct July 10 __ * 17 47 77 33 33 20 preferred conv 24% 27% • Ltd A Sep 50 25 • preferred 9% 245 25 * A Oct Apr Jan 75 38% ,10 class 102 __ 7% 30 Jun • 102 22 32 15 50 16% __ Jan 17% 503 Hydro-Electric Securities Corp Paul 19 Jan 177/a 10% July 34% 4,771 Power 102 24% Sep Sep Jan * Halifax Insurance Company Products Ltd 17 Jan 40c preferred Jan 12% 11% Oct Oct Jun Mar 30 57 % Apr Oct Oct 1.00 i Oct Jan 15 40c 15% 60 4.00 4.75 9% 25 11% Feb 30% July 3.50 July 8 Mar a60% a60% 40 56 2,625 Jan Jan 2.00 8'A Mar 34 • 14 Jan Jan 40 13% 100 13% 12% 80c Sep 74 • A 14 27 Jkn Jan 25 34 56 Motor Jan 8.80 7 30c ~ 13% 300 6 3,875 20% 500 30 1.45 75 3,720 29% 4.75 al7 30 » 14 60 a94% 10,633 a55c • 12 30'A 97/a 4.00 a9% • Jan 19 125 4.75 __ 250 2,009 28 3.00 __ 8 35c 27 3.95 50 16 28 • 8 35c __ — • 3C0 10 Royal 12 1934 55% 10 ____ al4 19% , Canadienne Oct all * Refrig & Storage Ltd com__" Corporation Ltd • Mount Royal Metal Ltd • Newfoundland Light & Power 10 Orange Crush Ltd * 58 Banks— Commerce 72 Jun 28% » Jan —- Paper » Winnipeg Electric 57 preferred Jun • 56 • Ltd 6% 20% _• 72 __ 1.45 Mfg Mersey Oct • Oct Sep 72 Ltd 1.45 Fleet ____* Brothers 7'A 175 5 Stores 3.15 Jan 685 Mexican Jun • Apr Feb 3% 2,985 Oct Mar 10o Canada 5.50 1.50 20,000 , 25 0ct 16% • Power Jan 375 65/e 7.25 18% 101 » 2.75 3.15 14% 643/4 Jan 112 21 2,310 4.50 5.00 12% July Jan __ Oct 14% 42y2 Jan • 8% __ 1,775 64 • common Jan 25 McColl-Frontenac Mar __ 5% 7.00 Melchers Distilleries Ltd 99 20 Apr 62 • Jan 12 pfd__100 180 8% 6'A Ltd Aug 49 1% July 8% 8% 175 3.00 class A Co 1>75o al8al8% • Can 40 • Products 50 125 51 178 4.20 Paper Co Lta. 57 715 50 Oct 178 — __ Engineering Works Ltd July 101 50 29 • Mica 26% Jun Feb Dominion Oilcloth & Linoleum Co Dominion Square Corp _____: 50% July 44 144 15% • May 21 21% • Oct 15 com 54 Jan 1,793 6'A class A 22% 108 1 Jan 17% 29 3.00 B Massey-Harris 19% Mar 100% 1 40 118 28% 28% 1 Maple Leaf Milling Co Ltd- 26% 108 99 400 21 Maritime 26% common...' 49 21 Feb 15 preferred 49 __ 242 Oct 101 common 49 9 Feb 26% 13% Apr 9 9 July • « 27 * 43 19 100 Ltd July • (R L) 28 385 20 21 % Crain 36% July 7% Jun 4,230 20 25 330 Horner Ltd 28 63 26% • Hayes Steel 8% 83 26% 1.240 Oct 26 487/£ Aug 16.661 Oct 8% __ Oct 14 32 18% 27% 487/8 110 Jan 30 Kelvinator 21% Jun 12% 14% Investment Foundation 21% 15 20 30% Dominion Oct 110 al4 * Interprovincial Utilities Ltd 39 27 100 22% May Jun 53 110 13% July 38 Jan 31 17 39 July 10 147/8 42% • July 48 335 • Foreign Power Sec Corp common Redeemable preferred Great Lakes Paper Co Ltd com 15 20 125 27 • Class Oct al4 com.' Ford 12% July 1,040 51% • Oct 6,965 Oct 14% Mar 21% Consolidated Lithograph Mfg Co Consolidated Paper Corp Ltd Consolidated Textile Mills comtaon David & Frere Limitee Aug 20 110 • Jan 21% 8'A 21 • Oct 21%, Oct 4.50 • Preferred Ltd Jan 51 — 27 preferred 5 Consolidated Bakeries of Canada Ltd__» Consolidated Div Standard Sec cl A • 29% 3,410 191% 200 8% 29% 23% —» 9 class A July 22% • Ltd 25% Mar 22% common of Products 25 • ai8% 9 1.50 com__* Co 155 185 _1 1,400 Chateau-Gai Wines Ltd • Claude Neon General Advert Ltd cl B_* Preferred 100 Commercial Aldohols Ltd common * International 145 4.50 Oct 128 Co. 515 80 •. 4.00 Jan 8% Inv Paper Lumber 29% 78% • & 29% 20% ; 4.50 100 29 21 » Jan common 29% 78% common__ 92% 5 28% Jan __ 825 • Jun Jan 29 % 128 common Canadian Internat Inv Trust Ltd Canadian Marconi Company Steel 17 100 Mills Ltd Canadian Industries 7% preferred Grain 19% 25 class 126 100 Co preferred Federal Oct gi302 1st 7% Apr Sep 28 126 Canada Vinegars Ltd Canadian Dredge & Dock Co Ltd Canadian Fairbanks-Morse Co Ltd Canadian General Investments 12% 13 n.237 2.00 160 Jan 21 % 20 13% 29 3% • Starch Oct 275 16% Oct 9% Mar Apr Mar 41,710 Canada & Dominion Sugar Canada Malting Co Ltd Aug 250 131/2 7% July 1.75 81 8% 9 Donnacona 14 1334 10 8% 1 Oct 15 131/4 1,000 160 8% Butterfly Hosiery Co Ltd Jun 14 i3 12% 1 • 60% 14% i3% Jan Mar Oct 30% 25 2.00 160 __ 9 1.95 __ Burnett Ltd 25 July 14% 18s/8 certificates Tooke Nova 430 42 ^ A Thrift Montreal 28% 18 Preferred Ltd Jan / 14 3 9 • com__« May Jan 333/4 5preferred Wilsils Sep -150. Jan __ Zehers °ct 39% , 8% __ Wabasso 183/4 .'' Oct.V- 37% ig% Canada Steel APr 29% Mar 5,575 18i/4 Chemical common United 151/8 Jun 13,344 411/4 & Sons common of <■ >41 14 « Standard Co Feb -40% -Jun 11% July v.-14 May 4.25 Feh v / £* 6.00 M»r * ooutnern Steel - 31% July 315 « 4%% Press Jan, 51'A A ________ class Southam 101 Sep.;,. 29% 13 • Breweries Simon Jun Jun 100. 700 13 Feb 100 Eastern preferred trust 41 .88 , 49% 100 Williams Voting Jan 135 ' July 7% Oct 14 • Flour ♦ common __ . 6 14% of Preferred Catelli Food 50'% » common class eraton Sherwin Brown Canadian ' common Paper preierred Co Pulp & Paper Co Ltd Company common Sep 7% 98 1 13 16% Co Ltd Ltd Hosiery B Col 30 Jan 18'n common—__ Shawinigan Water & Power S Canada Brit Jun 5 preferred B Sep 50% SeptW.-: 181/4 38 Co 4% Oct 14 v57% v 85% . 45 A:. common....—__<■ Lawrence A — 5.50 • com common Lawrence 15% Jan class . 33 35% preferred Series 21% Mar 2,384 a99a99% 33 25 Tubes Lawrence Corp Series 13%> 35 Corp of Canada— 2nd 48% Feb 41% Mar' 5,872 29% __ Development 2nd St 599 8,655 55 * _32 __ 1st Jan 6% Westinghouse 50 Jan Provincial Transport Quebec Power St 6% 50 Power Jan -25 Co 2,455 11% Western 14% preferred Royalite Oil 15 % 11% & Canadian 26% Noianda Mines Ltd Paper 13 % Paper Co Glove Canadian 6% July 29 Aug Drug & Chemical common___5 National Steel Car Corp ♦ Niagara Wire Weaving • Rolland 15 11% Ltd Bros Belgium Oct Jan 12% Aug J prelerred National Si • * Beatty Apr 29 • preferred 12% 59 * Bros 23% Apr Oct 25% nt 4r, 53 270 Montrea Locomotive Montreal Tramways rice 11% 14% __ Power 52% July 16'% July Jan 420 (Robtj River Oct 7i/4 Oil Mills 20 105% 26% B Placer 12% . Ltd & 10% July ' Breweries Apr 7 Corp_____ Ltd 3.00 Feb July 13 —77.7— Breweries Apr 25% ^ Service Ltd 111 Apr 13% Canada class Apr 26% (John 1 the Woods common Export 19% 109 _,__.__25 - 7 of Utilities McColl-Frontenac Powell • Steels Bathurst Pr 34% 29% common__i.___7.50 Petroleum Co Ltd.. • Ltd Atlas 275 » .Lake of Lang & Sons Ltd (John A) Laura Secord Candy Shops Ltd 6 f 200 9,906 11,835 527 ,______100 Page-Hersey 9 30'A 59 49 High' 9 27% 131'2 53% Low 9 29 13 50 Paper Flour Oct ________5 Powders Nickel Public Penmans 17 1,748 Range Since January 1 High 5 57% 25 Ltd Ogilvie 23 Low Anglo-Nfld Develop Co Ltd 58 54% _____._______1._100 Pieterred National 39% 102% Aug 2.10 Oct 25 Corp Jan Jan 103 , 2,516 Tnfilno^oi^" Bronze Ltd Oct 15V* July July 108% Sep ,100 35% international Class 52'% 86% ™anleni?an?S 39% July 101 5 ♦ __________ Molson 22 1,025 33 n. 16% Sep Sep 525 20 52% __ / 2.25 al05 86% preferred Works 131/2 ' rn Mitcnell 2.10 19 % 33% MaeMillan 20% 24% 70 86% Tntprnofinn"! International 18% May Jan 98 57 —________100 International 176% May 27 2,159 111 al05 -- 20 • 18% 107 107% __ 50 li «?nrV pi\eferred $1.60 preferred wSmfJ 17% 110% Acceptance Corp com___'___« International Oct 13'A July 32 ___£i Preferred International 13 July 193/4 3,072 ____ ____ Tn July 13 550 37 100% • preferred Mailman 4,055 16 100 Imperial Tobacco of Canada 4> preferred Labatt Oct 16 —° Smelting Jamaica 19% a21 100 ?aper coramon ?,re ewf,—r--—-7 Bay Mining & $5.00 Jan 37 , Ind"slnal 15% a21 100 Imperial Oil Ltd 6/0 Oct — b SS!Sn«5f^8ets" HiiHcnn Hudson 33% 625 • |,ak?r|f,S Ltdcommon — Steel Wares nn Apr Jan 161/2 Shares * Canada Goodyear Tire 4% co 'May 15 100 preferred Lime Feb 23 172 371/2 common preferred Gypsum 29 Feb 11 * preferred f Oct 15,910 16 • c°mm°n Geneial 12 'A Sep May 10 161/4 ' • preferred Gacineau Oct 10 2,500 28% 9,620 172'/, 172 Vi for Week Par Glove Bickle-Seagrave ?Hrivhpe Br°£ Lt?—7 Eddy Paper Co class A fa/* 4/4% 16% July 970 _____« Preferred 5 /2% 16-437 Sales Range of Prices Oct 33% Week's Last Sale Price STOCKS Acme rSni™ t*eel &r?^al Class 37 7%c Jun May 5%c Feb 30c 23c Jun 3c Feb 11c Jun 5c Mar 14c Oct Oct , 1 38 The Commercial and Financial Chronicle (1566) CANADIAN RANGE Week's Range Low Pur Cobalt 1 Astoria Mines Ltd 1 Candego Mines-—_——1 Lode Consolidated Consolidated Low a71c 110 17c 17c 42c 55c 5.000 36c 39 %c Range Since January 1 139,47c July 1 37c 2,500 5.95 5,500 —1 9 %c 8%C 10c 44,200 5c Feb 11c 11c 1,000 7c Feb 10% 11% 630 8.50 July 16c 17'/ac 3,000 40c 70c 16% 59c 60c 3,000 8.40 8.40 8.60 10,200 28c 25 Vac 29c 17,500 22c Sep 47c May 16c 16c 1,000 10c Aug 20c May 5 Cons Gold Mineir Ltd Gold Mines Ltd ttolimger 16c 1 Hudson-Rand 5c 5c 10c 8,874 43c 42c 48c 59,400 Warrants 13% July 59c 1 145 May 3%c _ 4.230 84% Preferred 37c Ltd 21,000 9% 82 Argus Corp 4.90 Ltd 21c 8% 84 Area Jan 3%c Mines 20c 9% Jun Jun 20% 4.90 Gold Mines 21c • 10c 33c 625 Heva 1 100 Feb Sep 7,GuO Goldora 24c 4c 12,600 — 20 VaC Porcupine 15c 7c 18c 3c 23c Aquarius 16% 3c 1 Apex 6c . 5 %c Oct 18c July Feb 4.45 8.60 7Vac Oct Jun Mines Arjon common * — 1 Gold Armistice I _ Metals Ascot 1 Corp 10 Ashdown Hardware class A 17%c Apr 2.95 9,450 1.28 Jan 3.30 Jun 13,560 7% Jan 12% 10c Oct Atlas Yellowknife 1 lie Oct Aubelle 11% Sep 21c Sep Aumaque Jun Auto Feb 10c 7Vac 1 1.14 Oct Bankfield Consolidated 32%c Jun Bank 16% 16 % 200 14 July 5.65 5.90 3,400 70c Lake Shore Lamaque Gold Mines Madsen Lake Red Malartic Gold 30c July Jun Earnat 4,000 4c Jan 14c Jun 6c Jan 20c May alO 5.60 * New New Dickenson New %c 200 9.75 July 5.35 Sep 7,000 3%c Jan 61,400 16 Vac 27c 52,090 12c Sep July 69c 90c 1.02 109,300 40c July 2.16 2.16 100 2.40 1 2.40 100 5 58 58 1 <* 69c G8C 58% 75c 150 33.200 2.15 July 2.07 July 51 July Oct 68c 2,115 50c 45c 53c 12,030 45c Oct 1 Ltd— 17 * Ltd Mines 5.60 4 75 22 c 1 Mines Ltd alO 16 VaC 19 %c — Lid Mines Calumet Mines %c 18c Mclnt.vre-Porcupine. Mines Ltd Merrill Island Mining Corp Ltd Mining Corp of Canada Ltd Montauban 5.60 4 VaC 4 1 Gold a9.80 2.35 2.25 2.45 5,300 95c Mar 1 16% 10 Va July ' 1.30 1.50 3,000 66c Jun 1 30c 30c 35c 19,200 23c July -—1 20 %c 20 lie 22c 6,000 • 1.60 1.45 1.69 250,000 ___1 26'/2 c Formaque Mines, Ltd ■ ' W- 14 Jan 5.60 Oct 7V2C May Sep Bell 30c Mar Oct Jan Class 81c Sep Bevcourt 17 Sep Bidgood 58c Sep Biltmore Oct Blue 1.50 New Pacific Coal Ltd Ltd Oils & Mines Ltd___ Nocana Normetal Mining O'Brien Gold Osisko Ltd: Corp Lake Mines J Ltd 1.30 July 2.32 Apr Class 1.30 500 Oct Brazilian 54c 63c 24,000 48c 28,3'JO Quebec Labraaor 1 2lc Quebec Manitou 1 1.95 1.92 1 22c Ltd—1 6%c Quebec Smelting & Ref Ltd.: Quebec Yellowknife Gold Mines Quemont Mining Corp 1 Ltd— Co i Ltd 45c 44c 20c 21 %C 24,900 2.35 28,700 22c 24c 24,100 6c 6%c 19,300 26 26'/a 4,250 16c 18c 17,500 6c 6Vac 28c 29 Vac • July Sep 1.73 93c Aug 52c Sep Sep 15V4C Mar 28c __1 Santiago Mines Ltd 50c Shawkey Ltd Mines 1 auerrut-Goraon Mines Ltd Sigma Mines Siscoe Gold (Quebec) Mines 75c May 22c Oct 2V2C Jan V 18% July 2.65 3,600 6.20 200 41c 42c 2,300 1 Ltdr.-i—_1 67c 67c Soma-Duvernay Gold Mines Ltd 1 3%c 3 Vac 3%C 1,000 Stadacona * 41c 40c 46c 14,800 14c 14c '2,700 5c 5c 2,300 Standard Steeloy Mines Gold Mines Mining Ltd—. (1944) Ltd A Ltd—_i Corp * 5C 1,000 Rock 8ullivan Iron Cons Mines Tiblemont Traction Preferred Turoiic 2.75 Oct 35c Sep 19c May 26 Va Oct Brewis Red British American May 1.70 July 2.80 Oct 6.00 7.80 Apr Aug 31c Mar 55c July 3Vac Oct 56c May 1.06 May 7c 62c Jan 6c Jan 27c Jun 5c July 10c May 3.25 3.20 3.30 2,700 —1 1.30 92c 1.30 1,100 3c 3c 1,000 3c Sep 1 1.20 1.30 13,300 80c July 8c 10c 2,500 5c Jun 60c 75c 327,195 40c July United Asbestos Corp Ltd w,'bona Gold Mines Ltd Vinray Malartic Waite Amulet I A Mines Ltd 1 Mineral Western Ltd——— Zinc & 5,000 4,500 lOta 500 39c 39 c 42c 64 300 38c 25 VBC 38c 48,000 i Products Mines Lead 21c 2 VaC 10% 1 Ashley Minerals Ltd— Yale 19c 2 Vac 10% 5 %c 5c 6c 8,500 __1 — ___ Wenaell Westville 20c ___* 1 Ltd Mines 67c Mines.—.., _____1 59c 55c 11,000 Oil 2.40 Mar 4.85 C«nt»">l Oils Kio Feb 3.30 84%c Aug 1.52 2.32 Gasoe Oil nuiue Oil New Ventures Ltd — Petroleums Ltd Co Ltd Petroleum Oils Omnitrans Paciiic Pan Corp Ltd..: Petroleums Western Selburn Oils Oil Co Ltd .. Ltd i Superior 6c 1.40 May 14%c Jan 75c Class 3.85 Feb Feb 49c 1.17 13c Jun 1.37 3.85 Oct Apr 1.15 1.50 23c Jun Sep 1.75 Oct Oct 1.60 Sep Jan 1.88 Feb Oct 5c Oct Feb 16% Sep 6,100 Oct 38c Sep 1.30 2.08 10,600 1.30 Oct 3.05 Aug 1.18 1.15 1.18 9,000 1.03 July 1.50 Jun 1.65 Mar 2.21 Jan 10% 27c 3%c Mar 4.20 Mar 18c Jan 9c 8.25 59c May *0 oreferred Acadia-Atlantic 20 class A—_ 1.75 1,000 90c 15.000 41c Feb 1.16 May 22c 27c 17,000 20c Oct 28c 1.75 Oct 2.10 Sep Aug Bruck Preferred 100 Exchange Class Buffalo 44% 7,2.95 21% Jan 45 Oct 24% 25 6,780 22 Va Jan 25 Aug 23 23 95 25% Jun 102 Va 102 Va 103 35 42c 40c 45c 6,425 5 Vac 9 Vac 51,309 9 9% 795 1 i.35 1 45c Yellow Knife— Pacific Cons Algoma Steel • 26 Is 1.20 1.35 13,254 5'/4c Rights Alberta 5 V»c 500 45c 45c 24 % 26 % Aluminum Ltd Co Amalgamated • of Canada pfd Larder 87 21 100% 21c July Apr 105% July July 65c 4%c Jan 12c 8% Jun 9% Aug Jan Aug 1.75 May 70c Jan 3 July 8 Sep 1,500 23c Mar 60c Jun 6,730 13% 26 V* 1 American Nepheline • American Yellowknife Anacon Lead 87 90 2,160 52% Feb 90 27 1.695 26 Jan 27 24c 27 Vac y5C Jan 115 Jan Oct 24 V« 125 Jun May 30 340 30 29% 3c Mar 16c Jun 25% Jan 32 V2 Jun 25% Packers class class 32 89 91 35 83 Aug 100 V» 102 275 99 July * 5 5 Va 14,500 * 14 14 85 1,395 A * Jun 91% Jan 91 101 Va Jun 103 Sep Jan 5.25 July 14% Oct 27 V2 July 32% Jun 5% Jun 2.75 11 Sep 31 "2 31 31% 4.75 4.55 4.85 3,200 —• 55 VaC 50c 60c 65,350 50c Oct 70c Sep 1 Power 6OV4C 64c 69c 7,500 49c Aug 73c Sep * 18 Va 18 18% 325 15 July 19% Feb A A—— • 9 2 11 VaC 1 1.72 8% 9 400 11 %c 13c 33,000 1.48 1.72 2,068 28c 37 Vac 409,500 5 %c 6c 13,000 Products —* 32 32 33 255 Burns 20c 27/a Jan 6 July 9 Oct 9c Mar 20 %c Jun - 2.28 Apr Class 1.00 July 37%c Jan 8c 4%c Mar 29 Oct IIV2C May 36 Aug May class A 22c 9,500 16c Aug 55c Jun 17 17% 805 14% Jan 17% Oct * 39% 40 170 26 Feb 40 —___* Co & 26 26% 115 17 Feb 27 % Sep 8% 750 7 Jun 8% Aug 80 5,000 1 17 Va ——• „_ B class Burrard • 8Va 1 A preferred Edmonton & 6%C 8% 6%c Ltd—, Bread — Oct Iron Foundry Machinery Malting 1,000 6 VaC 6,500 4c 1.15 37,510 39c July 35c 153.750 8c May 95c 16 % Aug 6.50 July July 16c Apr 17 Feb 8.90 Jun 9c Mav 1.45 Sep 36c Sep 5,900 3.85 July 6.10 Jun 6,050 2.00 Sep 3.25 Jan 2.25 July * 2.75 2.75 325 • Crushed Stone Canada 50 8.35 v 45% 47% 870 34 Jan 49 Oct -—* 17% 17% 100 12% Jan 19 July 30 20% July common Cemenr Canada 1.03 16% 8.05 5c 8.05 • Oils 6V2C July 16% A .' '. • Petroleums Canada Canada common 3.00 Aug Canada Canada Packers Class Permanent Lines SS 105 52 126 A 5% Mar 47 Jan 7 July Oct 7 Jan Jun 12% Jan 10% 10% 100 38 38 38 Va 229 33% May 39% 29% 30% 810 19 Jan 30% Sco 20 Mortgage & 48 48 48 45 45 July 48 24'/4 Sep Sep class 10% A * Bakeries 54 Va —* Bank of 10 Commerce Canadian 14 Jan Jan 45 80 Jan 108 30% Jan 250 6 July 970 25 Jan 27% Jun 75 45 208 108 10 54% 54 % 235 10% 26 = 27 Va Canner® Convertible 12 Oct Oct Oct Oct * common preferred redemption 54% on (being 21 21 21% 6,389 19% Sep 23 % Feb .• Breweries Canadian 27% 25 Oct 33% 24% 1014 45 * 43% 108 * common— Cable B Canadian 22 Va 21 23 13,722 17% Aug 23 Oct called 11 at $20.20 Dec. 21 22% 4.770 18 Va July 22% Oct • 15 % 14 15 % 3,i70 10 July 15% Oct 20 share 17 16% 17 1.110 14 Apr 17% Oct 44% 22% 1 Car common A 29 Feb 45 % Sep 38 155 37 Jun 40 Jun 29% 1,260 22 Aug 29 % Oct 3.00 3.00 3.75 260 6.00 Jan 10 10 10 350 9 Aug 12% May 56 57 100 56 July 75 % May 29 28 29 610 22 July 30 74c 70c 75c 4,307 58c July * 17% 17 17% 1.825 15 July 100 100% 100% 100% 45 100 Oct 25 21% 21 la 21% 6,826 38 38 Va 155 12% 14 7,150 " ■_ Products 1.250 38 26% 25 ._ Food 43% * common Dredge 44 % 28% _a Celanese common » ___ Preferred 100 Locomotive Canadian Malartic Canadian 5% 33 52 29% * __ 50 Wire Canadian 7 51% 33 * Power class Preferred Canada 875 7 * Class B Canada 33 * 10 com * Canada Northern Oils * _ Cos common— preferred Canadian Pacific Canadian Railway Tire Canadian Corp Vickers ' Canadian Wallpaper class Class B Cariboo * • __ 13% 13 13 13% 13% 1.33 l.*>5 1 2.02 6 A Sep Central Aug Leduc Central 49c May July 67c Oct Chatco Steel 9c 12,000 6c Aug 14V2C May Chateau-Gai 44c Jan 5.00 Jun Chemical 3.80 Mar 6.30 Jun Cheskirk 11% Apr Chesterville • 5.00 5.00 5.25 16,745 Anglo-Huronian • 9.75 9.75 9.75 735 9.50 Aug Oil * 2.10 1,900 2.80 3.30 88.855 3.00 July May 1.03 May 18 % 104 Apr Sep 16% Mar 22% Sep 31 Jan 41 Jun 11% Aug 14 Aug 100 12 Sep 14 Jun 220 12% Oct 14 Jun son 1.00 Aug 1.45 Feb 1.80 July 2.60 Ccntremaque Gold common... Wines Research Mines Mines 3.00 Feb 1.00 3.85 1 I 74c 73c 77c 16,150 1 Porcupine July 1.35 1 Patricia Gold Mines 43c Anglo-Canadian Oil 1 Castle-Trethewey 15c 31,125 e _ Gold 6,700 2.15 19 Va 8% Aug 100 6c 12,259 1.89 page 41. 6,232 30c 68c 1.95 see 152,250 30 V4 1 60c • For footnotes 14c 29 Va * 8 %C 1 5% 15% Mar Oct Jan 26% 25 6c 30 Lake Red Central Aluminium 12c * High 42 V2 93,3 Akaitcho Range Since January 1 24% 8%c 14% Aug 1 Ankerlt® Canadian * 6.50 Aug 50 15 Gold Class A Low Agnew-Surpass 1,426 19,304 Buffalo Canadian Canadian Hiqh * Jan 7.05 14% 122 pfd Preferred 43 ,_i Jan 10 6.85 23 Va — Canadian Sales Acadia-Uranium May 25c 122 Forest Products class B BuXfadison Canadian Acme Gas & Oil May 23c Aug * Mills Class for Week ^ 25c Sep 8c Oct Jun 1.75 Canadian Fonda »' Jan 7c Apr Sep Feb 1.68 Shares 2c 5,500 Aug 14% 7.05 25 Canada 6.35 * of Prices 42,500 2.30 28c Low Apr 113,583 2.20 15% Sale Price Oct 16c 64c 9c 2.30 15 Par Jun 11c 22 Vs British Empire Oil BrouIan Porcupine per 1 16 10c 14 %c —1 59c 28c Paper common—* 17 Jan 8 Vac 22% B Canadian Power & Apr 12% 8c 10c 14 V2C 1,375 preferred for Abitibi 15 44c ——* Sep 29 Vac May 15 Range 35c Oct 8c 9V2C Aug 1,000 Jun Oct 28c Week's 9,000 Sep 76c 44c 100 Bulldog Yellowkmle Gold Burlington Steel * Last 10 VaC 11 %c 11c Oct 40c 5c Friday 35 5.00 1.22 STOCKS 115 Oct 9 Jan 29,000 16 29c 500 Toronto Stock 4c 8c 15% Jan 20% Feb 16 4.70 1,000 _l0c 24c 6c 33c 5,700 „ 44c Sep 100 Columbia Elec 4% 4%% Oct Apr May 88c Oils Ltd Western Homestead Oils Ltd 26c 15 Va 4.80 5c 8,000 12,150 1 1.50 15,500 41c 38 V»c • 1.45 54c 6% May Calmont Oils 5c 8.10 16% Mar Calvan 1.50 45c 60 500 Calnorth 1.30 7.95 1,800 8% Oct 1.35 * 34c 20 Va 8 Va Jun 500 Ltd. Ltd 2 9 Vac 9 Vac Mar 3 Vac Mar 23,400 _.l' Jan 72c 13c 16c 8,500 8.50 Callinan Flin Flon 1.40 2,200 4.05 July Jun 16c 1.90 600 54c 24 Vac May 1.25 4%c Oct 5.00 Calgary 1.50 4c 6 Vac 1.21 Calder Bousquet Caldwell Linen 2nd 1.33 1.90 40c Oct 20'/a 8% Sep 1.01 4.50 29 Vac 38 % Sep 100 " Jun 12.051 Jun 1,800 __90c Exploration 42% 9% Aug Oct Jan 232,847 6c 1.10 * Ltd 15% 14 1.21 10% 3.15 6,419 39% 8% common- Building • : 11% 39 Oct 38 1.10 Feb 1.10 ___.50 llVa 1.18 Feb 2.90 " Feb Feb __i . British Dominion Oil Okalta 3,9C0 6% 490 2c * ... Ltd Long Island Petroleums Ltd National 5.30 5.00 565 2c 3.00 * Ltd Grease Creek 5.10 15% 8 ___l Ltd Ltd.. Oils • ____1 Oils Producers Garnet Ltd Ltd T.educ Decalta Dei Oils Co 13% 7Va Preferred British Canada Oil Jan 8% — Oil Oct Stocks— Anglo-Canadian 24% com_* Pwr & Campbell Red Lake Calmont 215 July May July 35c 1 Trebor Mines Ltd Light Lake Columbia 5,600 Silver Mines Ltd 38 * ' British 4.85 __1 Oct Sep 38 38 * A_.._ ; Jan 4.45 Ltd class — 14c 4.85 Ltd— Apr 94c * Coidyge 42c _____—i Mines Goldfields 188 63c 1 Mines Jun 1 Sylvanite Gold Mines Ltd— 85 Aug 14,800 * common— B Buffalo Steep Oct Mar 1 Aug 4c 6.20 Oct 43 % 50c 1 Columbia 24c 2.50 45 '/8 Jan 20c 1 British 5,000 6.20 Jan 38% * preferred... July 11,500 2.65 38% 55 5,000 * — Gold A Corp 28c Aug 1 47 o May 32c 16c 1 Ltd-— Ltd Mines Sladen-Malartic 18C a 191,600 _1 British Columbia Royran Gold Fields Ltd 45! 43 % 57c 1 2,700 Oct 43% 90c 1 1.50 1.12 B Gold Bralorne 30% 1.15 Boymar Brantford O^t 11 %c May Feb 49c Bordulac Oct July 27 Va 81c Sep Oct 5c 1,122 1.07 Oct 4.90 3.609 38c July 43 % -1 Mines 2.50 Mar 14c Apr 7% Mar Oct 7 90c Bonetal Gold 5,100 3.80 2.75 July 1.14 Bobjo 56,500 40c 45 V» Oct 1.30 60c 31 Jun 32c 35c 8c 30 V4 * Hats 1.45 1.50 1 Ltd:%. Oct 1.69 6 Vac .30% —'.A class Kirkland 4.90 1 Devei 26c 23c 59,425 39% , — Sons Ribbon 26c Porcupine Prime Mines Lt<ki__ Quebec Chibougamau Goldfields Mines July 35c * Goid 4.60 ♦ Ltd Mines 19c July 45 Vac 25 V4C 11 Va B Bonville New Goldvue Mines 27c — & Mar 350 —25 —— Quebec Bertram Jan 66c 2,700 • River Berens 3.65 Jan 17,600 7 _—" _ 3.10 Mar 99c — Bros 66% 2.45 — . Belleterre 12c 39c 3.20 7 ' class A Telephone Rights Mar 30c * B Beatty 21c 1.02 Mining—: Bathurst Power Class May 13c • Mines Metals Base 30c Jan 3.00 __10 Barymin Co Ltd 5,U00 1 1.33 Jan 1 130,500 7c 60c 10c 4%c 7 10 Scotia Nova Toronto 14c Ltd. Fields of 7c Ltd Mines of Bank 14c 60c ♦ Lingside Gold Mines Ltd. Lomega Gold Mines Macdonald 6.15 ——1 Ltd Louvicourt Goldiields Bank Sep 20% Mar Ltd——1 Ltd Ltd Mines 4.00 Mar 2.700 8,000 33c 1 Oct 17c 9%c 3.10 10 Montreal of July ac 1 A 7c 8c 161 1 class Mines bagamac Vac 8c * __ July May 16 8 Vac 1 Gold Fabrics July 60c 8 lac • Mines 37c Mines 15.050 Aug 12% 18c Mines 8%c Jun 2.63 Jun 17 Jan 2.61 28.000 Mines Mar 137/a 11V4 115,500 (1945) Mar 50c 170 2.70 31c Gold 9c 265,334 12% 1.10 Rowan 3,200 2.45 16% • 90c Fortune Gold 25c 18c 2.21 Oct * (1937; 28%c Dulama Jun Oil 29c Lake 58c Mines 1.00 Lake July Steels 1 La 21c Oct Athona 1 Kerr-Addison Gold Mines Ltd—„_—l 5.85 Mar 9% Atlantic Jan Ltd—1 45c Atlas July Co Aug Oct 2c Expior 841/2 2c 23%c May Oct 28c & July Jun 2,400 Mining July July 6.45 27,500 Labrador 7 37c 6c (Un> 10c 72 Jun 6V4C 44c Mining 68c Jan 41c Kavrand Jan Aug 2.55 Mar 3 %c Joliet-Quebec Mines Ltd 12c 2 VaC 43c — 30,300 16% 13c Jun 82,000 8V2C May 33c 3%c —.— High 32 %c Aug 500 Oct —1 Mines Ltd Va 17c 3%c Mar 3c —1 Ltd— Mines Lake Jack 16c 2.45 16 2,500 200 Aunor Jaculet Low 22c 4c Oct Range Since January 1 Hiqli 21c 17c 7c Low 21c 42c 18c Shales 5%c Oct 1 Dome Mines Ltd ———* Donalda Mines Ltd 1 East ttuliivau Mines Ltd— —1 Eldona Gold Mines Ltd 1 El Pen-Rey Mines Ltd 1 Fontana Mines < 1945 > Ltd ,1 God's Lake Gold Mines Ltd * Goldbeam Mines Ltd 1 Golden Manitou Mines 1 Mines Ltd Rochetce Consol for Week Rouyn Mines .— 1 consolidated Res_____———• Anglo Mar 7c 29 %c Cadillac Mines__l Consolidated Central Aug Monday, October 23, 1950 Sales Range of Prices Pa. Hiqh 1.05 Week's Last Sale Price STOCKS High a70c a71c Mines Ltd- Silver Friday Shares . OCTOBER 20 for Week of Prices Friday . LISTED MARKETS ICR WEEK ENDED Sales Last Sale Price STOCKS . 21c 20c 22 %c 27,250 1 12c 14,000 12c 13c * 11% 11% 25 * 8 8 % 175 1.00 1.13 20,300 11 %c 15 %c 50c 1.10 1 13c 1 68c 65c 68c 52c Feb July 13V4c July 6c Feb 10% Aug 7 Va 1.08 Oct Jan 27c Jun 24c Jun 14 % Jan Jan 8% Feb 45c Juiy 1.37 Feb 95,500 4c Jun 15%c Oct 14,900 55c July 1.78 Jan Volume 172 Number 4953 . . The Commercial and Financial Chronicle . (1567) CANADIAN LISTED RANGE I OR WEEK ENDED Friday Week's Range for Week of Prices Shares STOCKS Par Chimo Gold Low 1 Chromium * Citra-Lartic 1.15 25c 1.00 Low 10.000 1.15 731 11'Ac Feb 66c July July High 40c Jun 1.32 Jun Hasaga Gold 1 34c 32c 1 — 64c Cocbenour Willans 1 1.85 1.52 1.85 Cockshutt * 21 19 'A 21'A 11,105 21c Apr 7c May Coin Lake 15c 1 Commonwealth Jun 15c Jun 15c 129,350 5c 86c 87c • 6c 88c 6,510 58c Mar 93c Sep 4'Ac 6c 23,000 4c July 10c Jan 14c 14,700 Jun 15c Sep Oct July 1.50 • * 2.00 2.00 2.05 13c 13c I,000 Feb 2.25 Sep Hlnda & 6'Ac Mar 15c Dauch • * Petroleum 82c 70c 22 84c 71.084 1.15 Jun 21% 22 July 850 16'A Jan 22 Hollinger Con sol 0 11 65,232 10% 11% 10,024 8.50 11% Oct • July 14 Tb 14% 15% 4,732 12'A July 16% Sep 6c 7c 10,100 Mar 16'Ac Jun 6c 7'Ac 21,000 90 Bakeries Consolidated Beattle Mines Consolidated 2 Mining Consolidated Press Class 1.05 May 48c 45c 48c 5,710 35c July pfd Box 6'A May 10 1.05 Apr 172 239 160 y2 Jan 1.98 10,465 13'A 22,290 400 12 13% 101 101 5 16 16 50 13'Ac 15c 1,325 83A 8% 100 39c 39c 40c 54 54 15'Ac 13c 19c — 15c __ 100 1 8c 91% Mar 1.25 1.80 — 1 Mines 360 11% 13 * , 2,355 1.25 1.80 1 : ___ 79,949 6% 169'A „ * Patricia 3,671 . 33 18,450 5 July 1.01 class 1.75 Jan 177 May 8% 2.08 Aug 13'A Oct Jan 101'A Oct Jan 14'/4 13% Feb 100 17'A Jun 25c Jan 8'Ac July 6% Jan 35c July 47 Apr 7c Mar Oct 9% Apr 67c May 56 Oct 26c Jun 24c. 18.500 10c Apr 31c 6,500 19c July 42c Jan 24 Jan 9 Aug 21'A 22 140 20 Jun 8% 8'A 8% 250 17c 16c 18c 18,200 10c Jan 155,600 30c Sep Ltd—1 36c 34c 38c 1.40 1.30 1.40 2,050 1 Ltd 1.32 1.25 1.44 78,900 -1 Bank 10 Electrohome 38c Oct 1.90 Apr 1.75 225,600 6c Feb 28c Mar 58c 29% 37,185 16% 3,215 28 % 764 5'A — Oct 17c 50,600 27% __ * Feb 16 16'A Seagrams Dome Mines Ltd 1.20 Aug 40c 24'Ac Jun 27 28% - 6% July 17c 8c 35c 37'Ac 35c • . , 16c 1 2 _ Yellowknife 5'A 100 Oct May 19% July 29% Oct 13 20% Jan July 25% Aug 28'A Oct Feb 5.25 Oct Foundry & Steel common—* 38'A 38 38 'A 2,369 100'A 101 275 * 100% 11'A _——100 102 102 102 6 100 July 7 7'A 500 5 Jan 7'A Jun Dominion Magnesium Dominion Malting preferred Dominion Scottish Invest _1 com Preferred ll'A 10% — 50 47 47 370 500 26'A Jan 100 Aug 7»A July 43'A 38% Oct 102 Sep 13'A Sep 103 Jan Tar Dominion Textile B Feb 47'A Jun 2714 26'A 28% 1,915 16% July 28% Oct 12'A 11 'A 12 'A 12,103 10 12 % Oct 23.50 class 22 21'A 22 2,765 21 23 Jun 12'A Stores Dominion Coal 2a * Dominion Steel & Dominion Chem & pfd — • Sep Jan • 13 13% 1,395 10 July 12% 1 59c 58c 62c 42,100 30c July 73c 1 6c 5%c 6 'Ac 9,000 5c July 9%c 1 9c 9c 9c 7,000 7c Sep 20c May East Crest Oil • 7'Ac 7'Ac 7'Ac 3,500 4c Feb 11c Jun Oct 31c Jun 2.65 Apr common Mines Leduc • East Malartic Sullivan Eastern 24c 23c 25c 7,500 1 Mines 1.57 1.50 1.64 18,605 1 Mines 8.75 8.35 8.50 48,135 * 7 5'A 7% * — 5% 5% 50 25 Steel 55 54 55 150 Easy Washing Machine— Economic Investment 8,075 20'Ac 1.22 July 4.40 3.50 Feb Feb Jan 8.75 Oct 7% Oct 6.75 Jan July 4.50 May 45'A Oct May 57 Sep 20 Oct 20 19% 19'A 20 365 Mines 1 55'Ac 54c 58c 21,825 33c July 74c May Gold 1 28c 25c 30c 187,100 21c July 47c May 1 15c 7'Ac 17c 30,732 7c July 1 15c 7'AC 8c 15,000 5c July Insurance—_____—25 preferred —25 __ Eddy Paper class A El Pen-Rey El Sol Gold Equitable —— Life Estabrooks (T 60 400 Feb 23'Ac May 12c Mar 9% July 19'A May ll'A Apr 21'A Oct Hunts class Huron Imperial 32c 76c 56 55 2,120 1 25c 18'Ac ._ Bank 40,500 13c Sep 25c Oct 7 25 7 Oct 9 Jan 125 75 122 Feb 125'A Sep 32 »/2 32'A 250 30'A Jan 32% Jun 29 29% 8,584 21 Jan 29% 12% Aug 29'% 13 __ Acceptance International Metals 665 25 Jun 27 Jan 125 15'A Feb 18'A Jun 1,000 3c Feb 7'Ac May 33'A Sep 40 Jun 31% July 41 Jun 33 35 700 35 35 50 9 9 60 13% 13% 14 36c 40c 5% 5'A 18 18 class A Nickel Co — Feb 5% Apr Apr 18'A Jun 26 Feb 41 103 104 165 100 100 15 Mines 50c Gold Mines 38% 14% 6 %c 29% 100 140'A Oct 8'A Jan 500 6 %c 6%c 28,200 39% Apr 90c Jun May Sep 152 July 14% Oct Oct 1.05 4'Ac Mar Jun 12c May 15c 15c 15C 800 13c Aug 21c Jan 42c 40C 44c 12,048 20c Jan 62c Jun 8c 8c 4,666 4%c Jan 15c Apr 17c May 1 8c 3c 1 1.03 86c * 72c 72c 30c 26c 9'Ac 10'Ac 12,000 Mines Ltd Mining 1 Kelore Mines • of 104 17,135 90c Oct 104'A Jan 15,861 1 Oils Jan 1 Ltd Joburke Gold Quebec 101% 100 1 Mines Canada i * Gold 18 17'A lie 20,500 7c Aug 270,750 35c July 78c 20,100 57c Aug 32c 239,8U0 1.09' 181/4 4c Oct 85c Feb Sep Sep 35c Jan 6c 17'A 1,615 1.14 May 12'Ac May 20'A Aug 1 21c 18c 24c 120,300 4'Ac Mar 24c 1 16'A 16% 16% 4,555 13% July 20% Mar * 25c 21c 25'Ac 125,400 Kerr-Addison Ke.vboycon Mines Kirkland-Hudson Ltd 7c 1 Lake 50c 50c 56c 3,100 35c _l _; 1.10 1.10 1.14 23,350 80c Sep 80c July 1 Oct 36c Aug Aug Townsite Oils 13 90c • Mining Jaculet Jellicoe 37% 140'A 140'A 14 Jun 4 104 37% Aug 15 695 • Oct 15 50c 50 41 • Jan 100 40% 5/100 Mountain 9'A 9% Aug 40 'A 100 Mar 30c • common 7 7,450 5% 29 850 39c * - Labatt Jun 5c 1 Powders Preferred Kelvinator Mar 7'A 16'A 100 Waite Oct 15 Sep 4c * International Petroleum Kroy 26'A 6'A • Milling preferred International Kirkland 25 32 A Preferred Kenville 1,270 7'A 16 25 International Kayrand 13'A 5c * common Bronze International Jupiter 13 7% 25% ■ 1 $1.60 preferred Ingersoll Machine class Inglis (John) & Co Inspiration Mining Jack Oct Sep 25c 25 common Lake Jacknife Jan 56 57 7 __£i 4% preferred Imperial Varnish Island 15'Ac Feb 41% Mar 125 10 Preferred Industrial Aug 35 ■> common Imperial Oil » Imperial Tobacco of Canada ordinary_5 Indian 5c 15 53% 100 A Erie & 56 54 Mar 1.44 Jan 11c 11c 500 10c July 15c Sep * 86c 85c 89c 13,200 85c Oct 95c Sep * 19 18'A 20 425 18 Oct 20 1 Ltd (John) 5.90 5.60 5.90 5,715 60c 60c 70c 33,900 1.05 Ltd—; Labrador Mining & Exploration Laduiama Gold Mine's 1 3.80 Oct 30c 65c Jan 6.15 July Sep 1.32 July ' Jun Lake Dufault Mines 1 1.11 1.15 23,550 Lake Fortune Gold • 6 'Ac 5c 8c 537,500 3c Jan 14c Jun Lake Lingman 1 29c 28c 32c 11,750 22c July 49c May 1 29'Ac 25'Ac Jun Lake Osu Mines Ltd 1.34 Jan 30c 39,750 17c Oct 85c Lake Rowan (1945) 1 10c 9c 14c 89,500 5'Ac Feb Lake Mines 1 9.90 9.80 10% 3,302 21c May 14%. Jan Mining 1 Shore Lake La Wasa 69c 84,800 * 1.67 1.67 1.70 1,100 Gold • 5.75 5.75 5.75 600 » 14 14 25 1 4'Ac 5c 12,600 4c 7 %Q 61,400 2%c 3'Ac 7,000 14'A 15 Lamaque Lang <fc Sons Lapa Cadillac Lapaska Larder Mines "U" Laura 67c Mines Luz 9'A July Mines Secord 1 4c * ^ 3 %c 3 65c 40c 1.42 85c July Aug 2.40 5.00 Aug 7.75 13% 245 ' r 3c Sep 2%c Sep 14 Sep Jan Apr 19'A ) Jan 5c Aug 2'Ac Aug ' " Jun Jun fd'fl'Ac br''fv 7c ;'l7 Oct Feb Jan Sep 46c 45c 55c 15,482 Apr Lawson 10 10 25 7.50 7.40 7.80 22,160 4.05 Mar 7.80 Oct Lcduc-West * 1.11 1.11 1.24 19.350 16 16'A 1,665 13'A July 31 July 16% Sep Leitch 1 1.08 1.03 1.10 5,385 __1 5'Ac 6 'Ac 7,500 3'Ac Feb 12c Jun 1 6'Ac 6 'Ac 4'Ac Feb 10c Apr Feb July 1 33 32'A 33'A 1,100 * 13 '4 13 'A 14% 1,485 9 Jan 125 125 •125 125 110 July 1 5'Ac 4'Ac 5'Ac 8,600 4c Aug -* 5.25 5.20 5.50 9,677 2.05 Jan H 11 12% common Preferred Kirkland __— Petroleum Products 7'Ac * • 16'A —100 Grain 1 Mines Smith Paper common Bay Mining & Smelting Hugh-Pam Porcupine Hudson 4c * Fanny Farmer Candy Shops Federated 10'A 21'A 10'A 21'A 15% 6'Ac Oct * 1 — Nickel Players Federal ' H) Corp Falconbridge Gold Howard Kirkland Duvay Gold Mines East Amphi Donalda Hocco Joliet 3.00 red sinking fund preferred-100 4'A% 1 Apr 22c 1 Mines Yellowknife Preferred 19c 21c * Gold Minerals Dominion Oct Sep July • Producers Dominion Jun 7 — Mines Dominion 27c 123% 22c A Ltd (Temagami) Distillers Apr July 8 * Discovery 65c —1 — B Oils May * *. Petroleum Leather 12c 17'Ac 121 123% 6'A 172 _—100 Crow's Nest Coal Rio 121'/a * A Mills Pershing Decalta 16c 5 Oil • Jan 74c 1 Mining D'Aragon 9% July * Crowshore July July * common 7 40c * Distillery class Bit Homer 45c Class B Croinor Home Oct 21,024 A Conwest Exploration Paper Apr 20c 141,392 100 Imperial 34c Aug 63c _* Corrugated 74 c Sep 7c 55c Smelting & class B (Hi 47c 7'Ac 1 Consumers Gas Cournor 71%c Sep 59%c Lebel Oro Consolidated 8'4 1.15 65c 1 . Consolidated Duquesne Consolidated Howey Fibre 7c Sep May 8»/e Federal Sep 6c July 8'A Famous 3'Ac 2,500 3c • Eureka 3,500 8C 12c Consolidated Eldona 1 Hignndge Mining Highwood Sarcee Feb %c 6'Ac Uc Highland-Bell 4 47c 51c 146,750 Elder 'Ac 6 'Ac 1 July 600 20c East 4 1 . 25c 500 12c East Lake Mines 11,438 3,600 11c Detta Red Gold Gold 37c 15c 15c Delnite Heva 14% May 1.50 11 'Ac Delhi Heath Oct Mar 3%c 1 Del Apr 5c 15c 1 Class 2.35 21'A 9,500 1.40 12c Davis Headway 1.30 July 13% July Jan c 4 3%c Coniaurum Mines Davies Aug Jun 11 — 1 Consolidated Ansley Consolidated Astoria Craig 1.05 High 63'Ac July 8'A July 1.40 . Yellowknife Cosmos 85c 26c * Colomac Commoil Corby 600 93 700 Plow 363,342 8c Gold Loxo 36c 8'Ac 47,850 13,125 18'Ac Range Since January 1 High 30c 1 78c July 32c Sep 70c 36'Ac Mar Low __1 Harricana 71c Mines Silver Mines 10% 1 Lode Gold 10 70c Cobalt Rock 10% 70c 10c Par Hard • 70c 33,125 Shares Harding Carpets • Oils Coastal 13'Ac 15'/4c for Week Oct 13 %c Ltd Sales Range r.f Prices Friday High 21c __ Week's Last Sale Price STOCKS Range Since January 1 1 Mine& 20 Sales Last Sale Price MARKETS OCTOBER * common Preferred — — 10 — 30 8 Feb 8'A 8'A 100 8% Feb 1.40 400 1.00 Jun 37'A May 16% 128 Oct Jones Lencourt Little 8c Apr Loblaw 6.10 Sep Class Jun B .__* Gold Lexindin Gold Oct 9 class Gold class B 40c 43c 31c July 62c 32'A 33'A 730 30 July 32% 32% 33% 600 30 Mar 34'A May 33% Oct 832,147 19c 13'Ac 20c * 8% 8% 9% 100 24c 22c 28c 439,300 Aug Lvnx • 16c 16c 18c 16,300 56'A 56 57'a 4,351 24 37,3 37'A 40 28 8'Ac 8'Ac 1,500 7c Aug 16c 38 38 70 25'A Sep 38 Oct 100 101'A 55 98 Jan 102 8,620 1.89 July 12c Oct 7'A July 23c 9'A Sep Sep Oct 2.95 Feb 42c 1 * 1.34 Jun 33% 1 Ford Motor class A__. 1.30 * A Lomega Gold Mines Ltd London Hosiery class A 1.40 1.00 July 11 • Groceterias Louvicourt 1.40 Jan • Lac__ Long Sep * Feb 2,000 13,500 Apr Fleet Manufacturing 10 74c Foundation Co t—•-* Gold Francoeur Fraser -—* Cos — 101'A * Exploration 38 -100 A. Preferred Frobisher — * common 2.76 2.75 , Jan July 1.80 58 37'A Oct May Goldfields Yellowknife Mines Macassa Macho MacMillan Gatineau 5% Power 2.15 2.25 8,477 64 'Ac 1.02 434,228 38c July 9c 12c 82,800 5c Jan 12c Oct. 1 10c 8c 10 %C 21,000 8c Sep 23c Jun 35,020 River 5'A % preferred Products Steel God's Gold Class 18'A 17% 18'A 4,510 15% July 19'A Apr Madsen Red 107'A 110 45 Apr Magnet 110 112 100 July 110 110 July 112 ______ __ Great A West Great West Lead 3.20 Apr 24c 22c 25c 8,000 60c Feb 2.52 24,830 3c 6,000 July July July Sep Oct Malaitic % 2.50 2.33 Manitoba Eastern * 2%c 2%c Sep Maple Leaf Gardens * 6.00 5.95 6.25 2,150 4.75 July 6.35 Aug 37'A 36'A 37% 365 Feb 39 Sep 20 19'A 20 13,951 17 July 20 Mar 50 104 May 106 Mar —" 105% 105% .-1 7.10 6.90 7.15 5,143 8'Ac 7c 9c 27,700 6.00 Mar 5c Aug 9.20 May Uc Jun 2%c 3c 3,000 2c Aug 4c Jun 60c 60c 64c II.950 57c Mar 70c Jun * 34c 33c 38'Ac 13,410 27c July 20c 18c 21c 12,200 15c July 10c 10c 12c 7,500 5c May .1 1 — . 43c Apr 27 %c May 15c May 4'Ac 12c 4'Ac 19c 5c 3,500 4.95 4.85 5.90 171.770 5c 4'Ac 5c 22,500 8'Ac 8Ac 10c 282.400 98 50 * 18c — 9 11'Ac -- 221,300 4'Ac Mar 19c 10c Jun Saddlery Leaf Sep 2.10 July 4c Sep 3'Ac Mar Lime —* .'. Gold Marcus 13c 6,100 10c Sep 32c Jun 10 %c July • Nov 9 —_— 6.40 Oct ll%c May 10c McColl-Frontenac 100 Mclntyre Porcupine 83 July 98 Oct McKenzie Red 52 Oct 54 Sep McLellan 9 9 600 10% Feb McMarmac Red 10c 13c 5,600 8% Aug 9%c Sep 35c Jun McWatters Gold 16c 16c 500 12c 20c Jun Mercury Jan Mills Lake 7c Sep 11c 46,100 7c Jan — 14c 14c 500 13c July 1 For footnotes see page 41. 13 Oct 1 4c 4c 4c 1,500 3c Sep 23 1.880 16% July C 2,000 3%c —. 4.785 Oct Aug Aug 43q; Feb Lake__ Aur 15'A 100 13'A 16 Jun Jan 60c Jan Oct Oil 9c 2,000 4.50 340 2.90 600 1.45 July 4.75 50 3.10 July 25,000 3c Jan 2.50 25 14'A 1.10 10 50c 53c 18 52c common Porcupine Ltd Apr 5'Ac 18'A 220 32c Oils Mines Jun 6.00 5c 3,600 Grain Containers 14% 4.75 2.50 33c 4,150 26c 50c 6,000 31c 14% 13'Ac May Jun 4.75 10,987 Pacific 3.00 5c ______ 17 5 % Sep Sep 9c Jun 17'A Oct. Jan 2.25 Jun Jun 17 Sep Apr Feb Jan July 66c May 19 41c May Apr 50c 50c 1,100 58c Sep 21% 20'A 21 'A 5,952 17% July 22'A Apr 84 83 'A 84 590 72 84 27% 27'A 160 26% , Montreal Locomotive Preferred 67 Feb 9c 4.40 1.55 Corp Oct Jun Jun 8c 9c 4.50 ;____ . 17 'A Moore Ms 30c 17c 16 Montauban Oct May 18 100 Feb 1.50 23 Jan 8c 17'A Moneta July 147,820 1.50 Modern 10c 17c 17'A & 97 12c 16% Model 7c 391 Corp May 15% 58% 12'A July 17c — 57% Brick 7%c May 10% July 110 1,000 Milton 24c 720 100 23c Mining 2Qc' May 13% Feb Midland 99 Jan 13 * 18'A 99% July 170 Cotton 18 Oct July 100 4 Oct 3'Ac Mid-Continent, 43 9% Sep 37c Mexican Light & Power common Preferred —__________—.—13.50 22 4%c 7'A 50 Oct 12% 15'A 150 14,400 Feb -- 9% 12,000 Sep 22 Oct 9 11 5c 27'A 13'A 10'A 48c 47 1 40'A 42 c 26 * July 6% Aug 8V2 July 4'Ac Jan * 27 440 930 47c Jan — Oct 180 10 10'A 57% 19% Aug 9% Jun Alabastine 40'A 4'Ac ._ 14% Bridge Oct — Gold 9c 13'Ac Jun 42'A !— 80 38.150 14c Jan 23c Oct 130 13 May 3'Ac Mar 21% 10 Segur 98 13C 31c 18,329 18,318 9% 18% common Preferred McDougall 52% 10'A 13 10c 19,500 5c 42>A> 4%c — A 40 12c 13c 38'A 10 ___. class 370 — 5c 41'%' 10'A Ltd 985 __ 12c Oct at $30.34 4,705 * 12'Ac share)_ Grain ll%c pref (Called for on per Maxwell 8'Ac Mar ll'A 39'A redemption McCabe 3'Ac Aug 24 10 May 8'A July 750 47 —1 3.75 Apr 3'Ac May 16 844 27'A «—__— Oct 4c 23 ________ 2c ll'A 1 97 10'A 1.80 14 4c 1 : common Conv redeemable B 400 10% 25 46'A * 11% 14- 1 Ltd Mines Martin-McNeely Massey-Harris 14 Sep 1 Malartic 24 Swayze & Milling Mines Marbenor 52'A —1 Halcrow „_____ 25 47 Mines Gypsum & 20c Apr Oct 3%c Goldfields * Gold Hamilton 1.90 _—___.——* Paper common Coal Gwillim Lake Gold Hamilton 13,974 Feb * Guaranty Trust Guayana Mines Gulf 2.37 6.70 1 preferred Great Gunnar ___. Mines Lakes Class 2.15 3.00 —.• 1 _— Bousquet Grandoro Sep 2.37 Jun —* _ Mackay class A Graham 14'A July 1 Porcupine Preferred Gordon 14% Jan 2.00 1 Tire common Goodyear Jan 7% 4.95 ——V _____ Mines Goldora 4.10 9'A 3,230 600 1 Mines Arrow Goldhawk July 4,035 13'A 1 Mines 1.60 13% 13 2,285 1 Gold——__—._ Gold Manitou Golden Gold 2.55 13 1 Lake 2.30 2.30 Maralgo Oct 2.52 6.50 Maple 1.02 13% 2.15 29'A 3.25 Mar 13 % 6.10 — — July * 6.30 —-1 1:——— Mines Eagle Golden 1 Export class A B Class Gold Mines Consol 110 1 Mines— . —— Lake Goldcrest Jun —______100 _____ — Oil Goldale Aug * common Gold Glenora 1.68 2.22 * Mfg class A Wares Yellowknife Gillies Lake Globe Oct 1.20 July 1 Preferred Giant 1.47 10.000 1 (ordinary) Class A General 24,800 -* General Petroleum General 1.63 1.88 100 Bakeries General 1.47 1.71 100 preferred Gold 1.80 * 1.50 1.71 100 May 88c * common— 43c 10'Ac * . Ltd. Jan 1 MacLeod-Cockshutt Oils Garrison Mar 1 • Garnet Oils Ltd 2.22 31c Lake Red 3.20 May 1 13'Ac July Mines MacDonald Macfie 12c common 25 Oct July Jan Sep 27% Mar 39 40 The Commercial and Financial Chronicle (1568) CANADIAN RANGE Week's Last ale Price Low Par National Drug & Chemical Grocers 8% 225 Feb 6c 22 Sep 7% Aug 26c Oct 37 13 110 107/a Mar 13 Oct 13 140 10% 13 35 100 —— 33 Range Since January 1 Low 35 29% 32 % 100'A 1 Gold High 960 26% Mar 35 Oct 1,870 23% July 32% Oct > 100 100% 42c 1 Malartic Sladen Shares High 31 Preferred Siscoe Low 4 Class B Oct Apr of Prices * Simpson's Lid class A 9'A Mar Sales for Week Range Par Jan 12 Week's Last Sale Price High 12'A • common 25 12 5 Preferred National 90,900 22% 8% 8% 5 com 24c 22% Mines : Breweries common— National Low 17%c 18 %c J Mylamaque Friday STOCKS Range Since January 1 High Monday, October 23, 1950 ENDED OCTOBER 20 for Week Shares . LISTED MARKETS FOR WEEK Sales Range of Trices Friday STOCKS . . 40c 72c 43c 65c July 514 100% 57c 9,910 30C Apr 17,760 72c 50c Aug Jan May 1.05 May ■ —, Pipe class Sewer 28% 28% 27 28% 1,705 1.67 1.30 2.25 35,500 42 — Petroleum National _A'. 28'A * 42 42 65 26 27% 3,270 30 30 120 98c 1.08 15,400 103 103 10 20 — Hosiery class B National 9 27% Preferred National A National Steel Car 1 Trust National 1.03 Mines Negus preferred (Wm) Neilson 10 — 80 27% Mar 28% Sep 19 July 28% Oct 24c Mar 37 Aug 19'A July 27 Mar 78c July 101 »A Jan 3.10 Aug 46 May Southam Standard Standard 105 Jun New 7'Ac Alger 17c May 9c 31,800 9c Oct 17,298 85c July 1.50 Jun Steel 2.31 127,400 95c Mar 2.50 Oct Mines 1.43 1.14 1.51 83,060 60c Jun 1.51 Oct 20 %c 20c 22c 14,075 19c Sep 28c 2.45 New Dickenson Goldvue 6c 50c May 12c Jason Laguerre Mines Mines 12c Sep 15c Oct 23c 4,012 20c Oct 51c Jun 24c Malartic New New 13c 20c New Hugh Gold Stedman 1.20 2.50 Oil 31c 124,650 20c Sep 31 Oct 3,125 2.31 New Marlon Mosher New Norseman New Norzone New PacaJta 2.20 18,712 43c 7%C Long 6 %c 8c 24,000 5c July 13 %c 12c 15c 34,250 6c July Gold New Lac Mines. Mines Apr 3.70 May 11c Jun 16 %c Aug 14c 19 %c 48,700 10c July 33c 5 %c 7%c 39,000 3c Jan 10c May 8%c 8%c 8%c 21,725 7c July 12c May 7c 7c 3,300 4c Feb 13c Apr July 15c _ New _ Rouyn Merger—. u%; Thurbois New Nicholson Mines Nipissing Normetal Mining May 37,500 Oct 79c Apr 1.15 2,107 • 90c 136,000 41c 74% 35c 2,259 Mines Jun Taku 7 175 54c 60c 11,500 Apr Apr 4.50 Sep 6% 7 Oct 8 July 43C Aug 75c Mar 18 A 475 18% Jun 29 A 1,930 20 29 A Oct 29 A Feb 29 A Oct 10% May 4.90 Oct 16% Jan Apr 28'A Mar 1,655 5%c 6c 6,000 5c Aug 4.85 4.40 4.90 61,450 2.25 Feb 3.95 — 4.00 200 4c 4c 1,000 3.20 3.30 29,750 • 3.20 85c 85c 3.75 5.50 Jun 2.31 50c Feb 3.30 90c 28,950 11 Vac 12 %C 60,900 1.25 11 %c 1 1.32 11,060 1.12 Aug 1.66 9c 1,000 4%c July 14 %c 28% Mar 1.30 Jan 8%c May 3%c July 9c _ 31% Preferred Teck-Hughes Gold Mines Thompson-Lundmark Tombill 24,128 4.85 Oct 6c 20,500 4c Aug 9c Mar 3,200 33c Aug 70c Oct 15c 9c Feb 6 Ac Feb 9,300 13,400 10c 2,500 2.45 Mar 7c 6%c 8c 10% 9'A 10% 1,705 34c 33c 38c 152,311 5 100 170,940 6%c July : Ltd 9,000 4%c July 7% July 24c Aug 5 ——— Oct 5 10% 11 285 Class 2.51 2.70 5,785 8c 8%c 7,000 8c 40c —•— Apr 40c Mar 1.20 May 3c Jan 15 %c May Jan 24c 2,500 1.31 14,800 11 11'A 294 20c —— 100 Trusts - _ 10% Oct 11% Sep 2.35 July 3.65 17c 5'Ac July Aug 45c 12'Ac Jan 47c 80c July 27c Apr May May May 1.39 May 11A 9% May Oct 183 18 167 Jan 185% Sep 12% 50 11 Mar 12% Jun 13 13% 150 41c 40c 46c 53,900 30% 30 31 1,930 _i _ class Apr 183 - Finance Oct 7 A 12% common. * A 4,020 1.20 1.22 * Works 42c Feb 32'A Feb 6 ' —I Petroleums Traders — 2.65 • Silver Mines Tower — 1 . Gold Iron 61c 250 1 General 4.85 315 7% * Toronto 4.60 17c . __ Toronto 4%c 10c Gold Toburn Jun 77c 32 7 10 _ May 5%c 31% 7% ... Elevators Oct 13 %c 15 %c common Torbrit Oct ■ Pearson Toronto 2%c 15c Wood 25 Apr 17% • Taylor • A 10% Mar 13% Mar Oct 80c Jun 35 A Jun Oct 20 Mar Aug 24c 23% July ' 18c Sep 37c May 18 %c Jun 9%c May 11% Sep 17% 17'% 30 30 30% 225 34 Jun 47c 42c 50c 19,700 36c July 62c Apr 35c 30c 35c 64,600 15c Feb 40c Apr « B * Resources _. * Transvision-Television 55 16% 25 Feb 42c Rights Class Transcontinental Union Acceptance Preferred Oakville 5.00 — Oct 60c common 5.00 * River Oct 30 %c " Nubar 1.24 4,000 16 %c (1940) 35% 16'A 28% 1 — 41c 23,325 Mines Mines 26 A July 5%c I — 74% 37C ______ Extension North Star Oil Oct 5%c North Inca Gold Northland July 4.80 — „—__ 150 20% » Ltd Gold July 63 5%c ...— Canada Mines Denison 12c 5c Gold Northern North Jan 25c 34c —— Northern May 2%c 38c Mines Norpick 25c 15,500 31c 73% 74'A Norgold Noriartic 7c 4%c 1.10 39c — Mines Noranda 14,000 4c 1.15 Mines Mines Ltd Nisto 10c 11 %c 27c 4c 28c Yellowknife Nib 30% 7% July 18 Tamblyn Ltd common Oils— 18 30 .10 ... _ Mines Inlet 63 %c Mar 12'% July Apr 6c Oils 445 4,780 1 Mines .. Sylvanite 43c 9% s preferred. Contact Superior Surf July Jun 29'A 25 Cons 35c May 29'/8 • common- Press Sudbury 8,733 Oct 22 Oct 15% 60c • Bros Steeloy Mining Steep Rock Iron Stovel 41 18c Feb Mar 9% 5.00 1 Preferred Sullivan 20 10c 14% A of Canada Co 32% 9,000 7 • class A Olsen 1.12 6c , Dominion Calumet 40c '■ — _ class Starratt 2.28 British Newlund 6%c Aug 3c Feb 1.18 Bidlamaque New New 7,333 ■ 15 ■ Brock Mines New New 8%c —— ♦ Standard Radio 250 20% 11 %c 12 %c ' 9% • Paving common Preferred Stanley ■ 690 41 20 %c * Chemical common... Oct Jun 40% 20 12 Mines Stadacona 27% Apr 40% Co Brazeau 30 1.84 20 Slater (N) Co common South Jan Union Oct Union Apr 7 United * common... 3.50 7% 7'% 50 18 17% 18% 7,631 13c 13 %C 2,982 * Gas 3.50 3.50 .9 _ . 40 3.25 July 7% Sep 3.70 9 Sep Jun 19% Mar 13% July " O'Brien 34c 43c 1.40 1.52 6,340 20c 16c 20c 24,100 1.80 1.92 16,600 17 %c 18 %c 20,800 Ltd Mines Gold 35c 1.52 1.81 Lake Obaska Mines Ogama-Rockland Okalta Oils 17 %C Malartic O'Leary Omnilrans Exploration Ontario Steel Orlac 15c Aug 3%c Feb 2.33 United Oct Uniteo Oct United Steel 68 140 25 •135 Mar 140 4.50 4.65 Mines 5c 1.30 1.31 375 4.50 Oct 7% Preferred Feb Upper 15c Apr Ventures July 12 %c Jun Viceroy Pacific (Eastern) Pacific Petroleum Mfg 1.38 19,850 75c July 1.75 Jun Vicour 5c 5 %c 3,500 7.80 8!l5 20,735 4.20 Feb 49 48% 49 670 44 % Jan 1.06 93c 1.10 35,095 83c 4c Pamour Porcupine Pandora 4c 4c 1,300 3c July 7c May 46c 44c 55c 103,500 17c Feb 60c Jun Waterous 5c 7c 12,500 3c Feb 7%c Apr Wekusko 4%c 4%c 1,000 3c Jun 81c 96C 418,215 20c July 9 9 210 55c 2,350 Cadillac Pan Western Paramaque Parbec Mines Ltd Oil 10 Mines ... Malartic — — Consol Paymaster Credit People's 86 %c ... Securities... 9 Perron Gold Petrol Oil Pickle Crow Pioneer & Polaris _L__ Gas Gold Gold • Mines — Oil Porcupine 5 40c 21c 2.09 9,350 1.65 July 2.35 11,900 2.20 July 2,000 12%c Aug Powell Rouyn May Oct Violamac Feb 10%c May Walker (Hiram) Ltd (G Westeel Oct Western Ashley Voting Power 63c Jan Western Canada 24c Sep Western 3.15 May 3.45 Mar Class 4.00 Jun May Western East Preston Purity Dome Flour 1.48 1.53 Mills 5% Gold Quebec — Labrador Quebec Manitou ' Oct Wlngait 22'A Jun Winnipeg Jan 21'A Jun 2,870 1.28 Aug 2.05 Feb 613 5% July 45% July _ _ 8% Jan 49 Aug Yale Mar 64c Jun Yellorex Mar 30c 175,775 67c July 93c 43,718 65c July 27 14,700 17 July May 2.60 Oct 52c Petroleum 61c 21,300 40c Apr 38c 43c Sep 43 40c 53C 105,474 195,108 19c 41c 40c Oct 84c July 60c 40c 19,000 3.80 3.90 4,325 Regcourt 5'/2c 5c 5%c 3,000 6 6 50 2 9'A 29 29'A 80 60 60 60 115 10 10 25 9% 10 150 2.03 Mar 97c Textiles Riverside Silk class class A... A... Robertson Mfg common Robinson Cotton ; Robinson Roche (Little) common Long Lac__ Oils _ 4.80 Co_„ Rozana 8'Ac Royal Bank Royalite Oil Industries 29% 30% 1,215 13% 13% 2,160 2%C common. 2%C 2%c 22% ... 21'A 22% 1,380 30c 34c 123,675 30c Power preferred.: 103% __l 103% H-4 O w St Lawrence Corp common preferred 1st ... 2nd San Sannorm Oil Shawinigan Preferred Sheep Sicks Water & Power com class A (1945) 20 2.50 2.90 5,210 2%c 3'Ac 4,000 2.85 Breweries _ _ 5c 11,500 27,200 1.60 1.60 1.80 4,350 24c 23c 25c 17,400 Lead York Oils Silver common Silverwood Class B Dairies ... class _ For footnotes A see page 41. Apr July 47/8c Jan 17% Jan 22% Oct 30c Oct 34c Oct 103'A July 12% Jan 50 A 104% Mar 30 Oct 59% Oct 19% Oct 104 Oct Jan 59'A Sep 2.00 July 4.05 Jan 6%c 7 %c Sep 20 730 40C 58,700 15 15 15% 520 32% 32% 32'% 155 32 32 70 33% 35 165 27c 63,612 32 22c 25c 28% 100 1 1.20 1 oo 100 42c i 20% 21 20% 21 103,579 20% 6.20 6.35 1,120 26c 63,050 1.33 2.80 1,165 July 19% July 150 18% July 21 %c 20 %c 23 23 35 90c 89c 93c 41,100 • 11 5 . 27 Sep 1.60 5.85 14c 16 48c Aug Sep July Jan 10% 11 479 9% 7% 7% 270 6% Mar Jan Oct 71c Jun 16% Oct Feb 14% Aug 27% Jun 33 A . 34 May 35 Apr 30 Feb 7,100 4,000 39 A 3,940 210 8C 8c 10c 17,900 1.82 1.77 1.83 21,920 60c 276,000 Oct Oct 31% Mar • . 30c Sep 29, Oct 104 Aug 7c July 14 %c Oct 4c Jan 17c Jun 1.05 Oct 4C Mar 1.30 9%c May July 30 99% 42 Jun 101 3%c Mar 1.65 July 22c Oct Apr 15c 2.27 Oct Jun Jan _ 60c Oct 25C Apr 53c 51c 1 - — 11'Ac 11'Ac 14c 2,000 10c Apr July 96c 93c 96c 13,075 73c July 1.33 Apr 5% 5% 140 5 May 16% Apr * ^ 5% Toronto Stock , Exchange-Curb Section Canadian Funds Week's Sales Last Range for Week Sale Price of Prices Shares STOCKS ' ■ A • • Asbestos British Sep 30 Oct 37 920 24% Jan 37 Oct Pulp & Paper com..* 160 160 163 602 82 Mar 163 Oct .100 130 130 130 30 130 Oct 161 8%c 8%c 16,795 _ common _ . — Canada & Canada 8%c May Dominion General Preferred 7.60 7.60 7.60 300 21% 21% 21% 1,195 23 Sep 14 13% 14 120 12 May 14 50 50 45 39 Jan 55 Aug May • Morse * com * 20'/a July 9.75 Oct Jan 21 60 21 Oct 29 29 29 175 21% Feb 29 Oct 177 177 8 175 A Aug 180 4.25 21 21 5 _ _ _ _ 4.50 935 6 % 6% 15,280 Jan 7A Sep 1.20 1.50 1,100 70c Jan 1.75 Sep 30% 32 8,813 17% Jan 38c 38c 41c 8.500 28c 39 _ • 40 130 July 16 Jan 32 Oct 49 %c May 41 Oct 56% 433 40 July 33% 25 27 Feb 36% Mar 50 50 A 51 A 3.150 37'A Jan 64 Aug 24 23% 18% July 25 Jun 56% Oct Sf 24 A 2,665 75c .5 - Jan 56 -7% common 2% 3.50 33% • common Aug 5% Apr —, 6% ' r • _ 18A July 31 • Lumber Bridge Hayes Steel 75c 75c 100 30c July 75c 51 51 51 25 42 July 51 Oct 26% 27% 235 23 July 28 Jun 25 26 3,785 17% Jan 26'A Oct 3 Ac Feb Oct ' Preferred 100 _ Apr Oil 22 Jun Pend Oreille Jan Price Bros Inc . & — _ Ontario ; 6 5 Paper * Selections 25 • Jan Southwest 23 Oct Supertest Sh Petroleums warr : 12c 4%C 15c 246,450 8.55 8.25 8.60 4,645 108 108 111%- 215 * — 1 * 38c Jun July 128 177 —1 Western 22'A July 6.05 Jan * Copper Ltd 92 100 Investments Canadian Marconi Minnesota 7% Aug Oct 5 Sugar _ Oct 1.04 Oct 640 Canadian Industries common Loblaw 11 8% 128 * Canadian Sep 8.85 Feb 125% ... Fairbanks Langley's 3 A 126 Vinegars Canadian Coast 1 100 Gold Canadian High 22% 36 Preferred Bulolo Low 530 28% 5 • Columbia Co Range Since January 1 High 37 Devel. — Corp Preferred Low 29 Newfoundland Anglo Par 30 Utilities Sep 48'A Aug Feb 1.05 Jun 20 Aug 7c 1 _ International Apr 10c 2,000 14c 16 -1 Zinc Mines Paper 22 1.20 4%c Mar Oct 1 _. Sep Jun Feb 41,830 . Oct 7 Sep 99% 4 __ International 47 2.69 Oct lie 5c 20c 100% 38 _ ... 6c 5'Ac * common 1.25 58 4.75 Mar 23 % 40,800 9C 8c 1.05 Jan 36 650 oo 11c 13%c 11c 8%C 7.85 July 272 29 28 100 1 __ 1 33% 1 __ _ May 60 1.20 5,800 19 26c * _ & 5,450 20 * Oct 2.10 1,460 2.42 Sep 36c Dominion 1.03 40c 165,000 2.56 10% 7 %c • July Apr 11,784 210 deHavilland Aircraft July Sep 20 6,500 July Oct 55c Aug 7 May Sep Jun 15 A 7c 5c 1.60 20c 140 57 9c 20c 4,000 16 7 Oct 1.00 40c 6c 3%C July 2%c May 55'A Consolidated Paper Dalhousle Oil 47 20% ! ___♦ _ Oct 15 % 30c 26% i Mines 30% Feb 47 1 Ltd Miller Feb 27c ■ Silknit 2c 29c 7 10C Knitting class A Brown 26'A 1 _ 8.85 Jun 29c i _• 27 Apr 26% 50c common 50c Jan 1.01 certificates 16 %c Feb Jan 1.00 1 Sigma Mines Silanco Mining July 14 4%c Aug 11 % Apr 6c 85 5c 10 25c , 185 1.00 * Aug Jan Jan * Yellowknife Bear Mines. Sep 60 365 • 50 Mines Gold trust 59 • Gordon Voting 103 59 30 44 Jan 1 __ Ltd. Co Creek Sherritt 19% 101 27'A Aug Feb 2c 7c Feb 27 l Petroleums Rouyn Shawkey 19 102 i Mines Selburn 1,715 l _ Freehold Senator 59% .1 Sand River Gold Security 300 55% —99 . Gold Antonio 15 30 57% 1 _ _ Paper 1st preferred preferred 23,800 29% 49 _ preferred St Lawrence 2nd 42,600 30'/a Ryan Lake Saguenay 10,500 37c 13% _____ Rupununi Gold Mines Russell 9c 33c 37c 7 8% 238,050 16 Sep July 9 21c 55'A 20 _ . _ ; Jun Jan Jun 10% _ __z. Oct 12c 5 15c 35c Friday Renfrew Sep Jan Feb 4c Oct 6c 10 Jun 36c 3.90 Apr 9.05 1,000 10% — Mines Electric Sep 34c 40c Reeves MacDonald 4.20 1.50 July Oct 1.84 May 27 Oct 42c Petro Sep Jun 9% 16 5 Wright-Hargreaves 15c 2.43 Feb Jan 1 common Gold Gold 30c 85c Mines Ltd Redwater-Picadilly Wlnora 500 1.83 65c Jan July 1 _ Gold 38,800 25% 1.99 16 100 Preferred 43c 26% Red Poplar Gold 1.15 Jan 87 %c ... Mining 35c * (Geo) 12% 85 1 Preferred 20c 21 %c Quesabe Mines Ltd Reef 47% 43c — 21c Queenston Gold Quemont 5% 47% 3 com Preferred Quebec 1.60 July 14c * common Homestead Weston 15% 755 18 %c 6% 9.70 July 5.50 * Wiltsey-Coghlan 455 8c 25 _ Windward 18 8c Breweries- _ Oct 21% 8c 3.25 19c Sep 12% 7,190., 1 _ Oct 1.20 20 W) & A 1.25 17% _• 16 _ Grocers Preferred 64% 55c 1.02 21 Metals 11,561 2.10 9.05 Mineral 42% Mar 9,400 1.19 certificates trust Corp Pressed 5,330 * Products Oct July 9% 16 — Oct 9 1.04 56c 8% 1 West Malartic 96c Jan 1,260 9% 2.00 _ July 29,600 6,000 8.50 common. Consol 3c 1.25 6,705 51C • 49c 64% Jan 810 9.10 16 Amulet Waite 7,050 1.05 22% 21% 50c 2.02 __ 25,450 62% May 21 8.50 8.50 _ preferred. Dare 449,000 1.24 common 20 21 50c 1 - Winchester Larder Gold Jun Aug 1.58 21c 56 % * 1.04 3.00 Mar Jan • _ _ _ Mines Virginia 52 _ 3.30 91 %C River 9c 8.25 50 215 ] Mines __ 12c 9c 1.04 63 Powell July 19c 3.15 12c Gold Reef Jan 1.83 ' 3.15 Porcupine Peninsular Aug 2.25 1.85 — Jun 4c Oct 56 % 8.50 * Gold 7.90 ... Tubes 34 A 25 _ Mines Ltd 52c Hershey Page 30 Jan — Canada Villbona Apr 26 • 5c 6%C Aug 27% 205 * 289,500 14,600 310 34'A . _ May 30 32 .50 __ _ 17c 28% 56 _ preferred B Keno Hill 8c 9%c 11%C \ A oils Jun 6c class Sep 39 4.50 Fuel 8%c July 28% 34'A * May 15 11 %c United 13c * _ 9c 24,400 65 ..—1 _ Corp class A 28c 4%c 140 "T Jan Mining Class B May 2.24 4c Lake Lake Osisko 1.36 July 43c 30c 65 ___10 Red Jun 65 Preferred Orenada Gold Aug 1.26 July 12c 4%C common... Orange Crush 15c 40c 40c 40c 1,000 135 130 • ordinary 130 ' Temiskaming Mining Twin City Rapid Transit Yukon Consol — 1 • 1 100 7%c 7%c 13% 13'/a 25 63c 63c 2,100 ' 63c 5.05 Mar 63% 30c 60 6c 8% 50c Jan Mar Jan 15c Oct 9.35 Sep 112% Oct 45c Jun 135 Oct 12c Sep Jan 14 Apr Sep 63c Oct Aug * Volume 172 Number 4953 . . Commercial and Financial Chronicle The . (1569) OVER-THE-COUNTER SECURITIES Quotations for Friday, October 20 Investing Companies Mutual Funds— Aeronautical Affiliated Amerex 1 4.14 9-51 Fund Corp Holdings Corp Blair 5 B 16.55 17.99 5% Bond Inv Boston Tr of Fund __ 6% -1 — 2% 20.27 "III value asset 21.80 23.95 10c _ Broad Street Invest Corp Bullock Fund Ltd— 5 Chemical 18.65 20.16 1 21.97' 37.70 40.53 _ Fund 1 Christiana Securities 17.61 19.05 corn- —100 5 300 5,450 100 140 145 Preferred „ 3.76 4.15 1%S 1.70s Aug. Paper 6.33 1 Consolidated Investment Tmst_l lc -4.96 lc 4.93 5.43 lo 5.14 Delaware Fund Dividend Shares Eaton & 25 1 15.77 17.33 25c 1.65 Mass I.,v --stors Ctfs Mass In,.-stors Balanced National Low 31.10 Preferred 20.21 21.61 Income 4.53 4.69 5 30.90 33.41 2.22 2.43 First Boston First Mutual Trust Fund Corp 31 10 Preferred stock Common series stock Ihc.l 14.89 Stock 14.64 15.43 14.87 15.96 l 10.58 11.44 Series— 7.07 j Bond Series 7.73 7.03 7.68 1 7.38 8.07 l Stock 4.81 5.26 l Series Gas Industries General Fund Capital Common (The) 99.8413 99.8342 99.8272 1 7.66 8.37 l%s March 15, 1954 1 4.03 4.40 l%s March 15. 1955 4.89 X17.52 18.84 13.24 ,9.49 13.47 Aviation shares lc shares lo 7.77 shares lc Building supply 9.04 15.40 1 10.85 8.30 4.74 5.19 Insurance Electrical Equipment shares.lc Food shares lc 11.35 Fully administered shares—lc 7.72 8.46 9.18 shares 5.32 lc 13.76 11.19 12.26 12.18 13.35 13.42 14.71 1 Oils bond 12.56 1 stock Metals 8.38 Geherai 12.43 10.59 Machinery Merchandising 5.84 99.3 99.3 Intermediary Credit Bank Debentures 11.51 I Federal 9.91 14.05 Diversified Industry 8.52 . \ 1 Diversified Investment Fund_I Diversified preferred stock_I Electrical equipment l 7.74 7.57 — 8.89 Corporate bond series 7.06 , Building Chemical stock Chemical 8.61 99.1 99.1 —- Stocks Inc— 12.29 8.14 .9735 5.32 1 7.42 99.9681 .8575 8.66 7.85 1951 .8631 1951 8.11 lc Ask Indebtedness— 1, .8692 1951 12.08 Stock Fund.lc 98.24 .8965 1, 1 ' 98.18 .9136 99.8735 1,1951 1 5.90 100.26 1957-1955 of 1%S Jan. .9159 99.8931 15, 1 5.46 99.8953 Nov. Agriculture Bank 99.10 100.18 Maturity— .9156 Oct. Automobile 18.90 99.8951 Oct. 6.14 65.66 99.4 1955 1953 Bid 1, Certificates l%s July 1 1951 "B" 1 'As July 1, 1951 "O" l%s July l, 1951 UD" l'As Aug 1, 1951 l%s 18.63 17.48 99.8 Price Ask ly^s New 61.06 Bid l%s 7.07 Securities— Automobile shares Maturity— Treasury Notes— 3.96 Low Priced Com Stock Series l New England Fund 1 1 1 Ask 99 U. S. Certificates of Indebtedness 6.14 6.13 1 Feb. 1%S Oct 120 3.62 5.60 Inc 99.20 118% 5.62 17.00 Corp 99.12 1961 1 2 General Investors Trust Group Panama Canal 3s i Series Series lc Inc 1, 1953-1951 1, Bid 1, 1952-1950 100 Dollar Aviation Fundamental Investors May 2*4B Central Bank for Cooperatives— 1%8 Feb. 1, 1953 17.05 l Series York I Via Issues 15.91 1 Industrial Stock Series Selected Group Series 32% point 16.10 1 6.45 lc series Fund ; Speculative a 8.55 5.53 1 Franklin Custodian Funds Inc— Other Securities— Priced 29.08 1 20c 99.30 of 34.22 series 1 Industrial Fund Inc_l 2nd National Security Howard— Equity Fund Inc Fidelity Fund Inc 7.80 31.65 Fund Stock Financial 10c Investors Corp Bond 5.47 interest__l Fund of Boston Inc Mutual Invest Fund Inc Balanced Fund Fund 99.30 32nds more Federal Land Bank Bonds— Trust— beneficial Mutual 1.82 ; 99.28 5.66 shares Manhattan Bond Fund Inc 6.88 23 4.30 1951 or 99.30 1951 one 1%8 Jan. 4.17 3.90 99.28 15. 3.99 3.78 shares Petroleum shares Nation-Wlde Commonwealth Investment Metals 3.62 lc lc Furnishings shares Ask 15, May 4.59 Bid 1B51— 15, Feb 4.16 4.43 Steel 24.07 1 — Century Shares Trust- 9.44 9.43 I%8 4.02 Non-Ferrous Bowling Green Fund Inc— N11- Federal Home Loan Banks— shares lc Home 3'A 22.15 ft America- Inc Figures after decimal repiesent Ask Equipment shares.lc Electrical Eqlupment shares.lc General Industries shares._lc 10.28 Beneficial Bid Business 4.48 1 .... Inc— Par Funds— Automobile 40 % 1 Fund Managed 4.80 39 Obligations Of Government Agencies Mutual Funds— 7.40 . 4.44 10 Corp Ask 6.75 —1% Business Shares.. Axe-Houghton Axe-Houghton Bid _1 Inc Fund Holding American Par Securities 11.61 I 12.55 10.76 Dated Due Bate Dated Due Bid Ask Bid Ask 1.30% 2- 1-50 11- 1-50 bl.65 1.40% 1.35% 6- 1-50 3- 1-51 bl.70 1.50% 1.30% 5- 1-50 11- 1-50 bl.65 7- 3-50 4- 2-51 bl.70 1.50% 1.40% 1.40% 1.30% 3- 1-50 12- 1-50 bl.65 1.45% 1.40% 8- 1-50 5- 1-50 bl.75 1.35% 7- 3-50 12- 1-50 bl.65 1.45% 1.40% 9- 1-50 6- 1-51 bl.75 1.55% 1.30% 4- 3-50 1- 2-51 bl.65 1.45% 1.65% 10- 2-50 7- 2-51 bl.75 1.60% 1.35% 5- 1-50 2- 1-51 bl.65 1.50% 1.55% 13.75 i Rate 11.79 1 7.83 8.58 21.24 23.28 Pacific Coast Invest Fund 1 lc 9.59 10.07 12.39. 13.58 Public Investing Company shares__lc 1 8.08 9.55 10.46 8.85 Railroad Low 1 6.73 7.38 Railroad Industrial Machinery shares lc Institutional bond shares Priced shares Merchandising Mining Utility lc 6.64 7.28 —lc shares 8.92 9.77 Steel Tobacco shares lo 5.91 6.48 lc 9.96 lc 2.69 2.97 RR lc 4.66 5.12 1 i 7.86 Petroleum shares 10.95 12.00 11.40 Equipment shares Railroad Steel stock shares lc 12.49 Putnam 4.94 Republic lc 5.77 6.33 Plan Fund 4.61 4.98 10c 1.90 2.07 5 27.99 lc 10.54 lc 82c Inc Income Foundation Fund Incorporated Investors (Geo) Fund Inc Group shares Group shares Insurance Group shares lc Stock and Bond Group lc Co of America____l (net asset 12.60 11.55 8tate 91c 1.10 1.22 Fund Shares Investors Street Trusteed Union 1 9.35 10.22 Beries Investors Management Fund—1 16.51 16.87 Series B1 (Investment B-2 (Medium B-3 (Low B-4 Funds— 27.50 28.77 25.87 27.16 United 20.20 United 1 8-1 8-2 Value 17.21 18.78 Wall Stks)_l 26.29 28.68 common (Quality 12.04 1 pfd Stks)_l (Appreciation 8-4 (Low Priced Lexington Loomis 4.88 Fund Inc Street 11.01 11.97 5.33 1 5.75 6.28 I Investing Corp 11.83 12.07 Wellington Fund 1 18.91 20.63 Whitehall Fund Inc 1 18.03 19.39 Wisconsin 1 Stks)_J 3.88 4.21 15.07 16.45 6.06 6.61 1 5.78 6.28 25c 2.42 2.65 Fund— Investment Co 1.16% Nov. 9, Nov. 16, Nov. 30, Unit Type Trusts— • 33.90 33.90 48.66 Series 48.66 E North 8.30 9.50 1 2.35 2.66 1 4.44 1 2.50 Insurance 1955 1956 — Brooklyn Ask Far Bid 108 61 63 10 58 60'/a Agricultural 25 74 77 Maryland 1 18 % American Alliance 10 27 % 53% Automobile 24% 4 45% 48% $2.10 Prior preferred 10 $1.05 Convertible preferred__5 Massachusetts Bonding 5 51'/a 25% American 26% 5 24% 26% Insur Co of North America—10 Jersey Insurance of N Y 20 Fire common Assurance 5 Merchants & Mfrs Newark 17% 22 National Casualty 30% 33% National Fire Union American Surety 25 62% 65 % National Automobile 10 60% 63% New (Detroit) Camden 10 Fire 101 61% Fire 64% York 5 21 % 23% North 89% 92% 69% Northeastern 10 33% 36 • 38 % 40 % Employers Reinsurance 10 56% __ Federal 10 72% 77% River Group Assoc Pacific 61% 35% 40% 45% 18% 26% 25 66% 70% 10 61 % 94% 97% Reinsurance 22 % Republic Firemen's of Phila Fund of of Frisco Newark 5 21 10 29 62 50 52 & Republic Globe & Rutgers Fire common_5 5 2nd preferred Great 15 American Hanover Fire Hartford 0 Fire Hartford Steamboiler 10. „ 10 12% 18% 95 30% 13% 20 — 18 79'A 82% 5 Corp 3 37/« 10 32% 37% 10 61% 63 10 40 41% 68% 72'A of Commerce 238% 102 33% 360 105 Detroit 37 39 43 45 20 62% 64% Trust—10 5% 5% Exchange Bank ft Trust-20 County Trust Co (White Plains, N Y) 16 70% 72% 39 41 119 124 Co. Bank ft 50 Bank ft Trust 10 National National National Los Bank of Detroit Farmers Deposit Natl Bank—100 Mellon Natl Bank & Trust 100 35 1,335 10 50 295 Bank 304 29% 18% Trust 10 County Trust 300 310 330 38 40 Peoples First National Trust ft 20 54 100 -25 Pittsburgh Bank— Square N Y Trust Angeles Security-First National 25 33 100 1,275 Bank 23% 10 Trust Portland 32 First National Bank 19% 100 1,590 Trust Morgan ft (J United States Natl Bank 12% 53 55 20 56 58 1,630 P) 247 Amer Nat Bank 20 35 20 42 17 52 Manufacturers Bank & Trust_20 Mercantile-Commerce B ft T.100 24 26 166 173 45% Boatmen's 94 97 First 52'A Bank ft Trust_17% States 25 ft Trust Trust 50'A 100 107 104 12 9% 8% 628 598 National National Mississippi Valley Mutual Bank National Bank National ft 106 St 200 190 Louis 90 Trust 100 Bank 227 36 290 310 625 645 12% 14% 53% 56% 55 20 54% & Trust—20 55 % Trust 100 Bank & Bank 55 58% 160 234 100 100 25 —25 Union Trust United 93 Natl—100 & Trust Tower Grove Trust—33% Bank Bank Mercantile-Commerce Chicago First Exchange 43% 25 National Guarantee United St. Louis 56 % 54% 241 20 Trust— Public Nat'l Title 20 100 City Bank York Sterling Co Co Inc . National Harris Trust Northern ft Savings Trust Oo Recent Bonds— Boston Bid Edison Cleveland Elec 2%s 1980 San Francisco Bank of Amer N T ft S A—6.25 27% 29 Ilium 23As__ 1985 Security Issues Ask 101% Bonds— 102 Bid N J Bell Tel Co 2%s 1990 Power Ask 101% 102% 8% 9% 101% 10 33% 101% 102 Potomac Elec. 2%s._1985 101 101 101 % Public Serv El & Gas 2%s-1980 101 101% Delaware 102% 103% 100% 101 34% 2 (N Y) Pow & Lt 2%s Paul Fire ft Marine Seaboard Surety 12% — 10 104% 61 107% 1980 100% 100% Southern Duquesne Light 2%s 1980 101% 102 Virginia Elec & Pow 2%s Illinois (Texas) 1980 100% 101 Power Co 2%s Calif Gas 27/8S—1980 1980 65 Security (New Haven) Springfield Fire ft Marine 10 45 47 Standard 10 35% 37% Accident lo 32% 34% a Odd lot sale (not included in year's range), Included 32'A Travelers 32% 34% U 127% 131% S 100 Fidelity ft Guaranty Co 33 % 35'A U. S. 34% 36% Westchester 460 475 in change. n year's range), Admitted Guarantee Fire 2 50% 66 69 liquidating dividend. 86 % 90% issued, 21 22% to 10 1 ♦No x (Un) Ex-dividend, par value, e Ex-interest, trading 52% 4 U 8 Fire 5 36 Dallas Pow ft Light 2%s—1980 —10 Home 345 1* Union Bank 236% 65% 16% 31 5 Globe 32 100 Trust 8% 10 Providence-Washington St General Reinsurance Corp Glens Falls 20 Co City Bank National 10 Chemical Bank ft Trust 152 5 64% 10 145 10 Accident 10 Assn Ask 50% 7% • Fire Bid 27% 48% Casualty Co Fidelity ft Deposit of Md 49 Bank 20 37% 2.50 Fire Preferred wireman's 63% 12.50 Phoenix 336 47 Continental Illinois 3.33% Indemnity Oo__ Peerless 321 100 ' Pacific Employees 9% 34 43 5 Northern 66% Inc 34% 38% 10 Fire 10 Forster 29% 32 5 New 10 ft 19% 27% 106 Continental Crum 54% 2 Amsterdam Casualty Hampshire Fire Connecticut General Life Casualty 10 10 New 25 118% 50 '/a 8% Central National Cleveland Oity Natl Bank ft Trust 20% 10 Bankers ft Shippers Boston 114% 18% 2% Re-Insurance 4 Par 297/a Commercial National Bank ft New Casualty Companies Ask 10 Manufacturers 104 10 Fidelity ft Casualty__5 18, Ask 10 Merchant 28% Irving Kings Casualty & Surety American of 1.24% 1.20% Industrial Bank of Commerce.lO Companies Insurance American bl.30 100 - Trust Fiduciary Aetna American 1951. Bid Central Hanover Bank ft Trust 20 Chase National Bank 15 Federation Aetna As«ur 1.24% Jan. York Avenue Trust Franklin Equitable 1.24% bl.30 1.18% Oo—10 Empire Trust Amer Trust Shares— 8eries Manhattan New of Fifth ft Bankers Guaranty American bl.30 1951- Cleveland the Franklin Life 1.24% 1951- 11, York of First Aetna bl.30 4, Jan. Banks & Trust Corn 2.80 Series Bid 1950. Jan. 1.18% bl.30 1950 Continental Diversified Trustee Shares— Fund— Par 28, 1.16% bl.30 — 1950 Dec. 7, Dec. bl.28 bl.30 1950 1950 Nov. 24, Trust Independence Trust Shares 10 Sayles Second (Net Asset Value) bl.28 1.23% Bank 8.52 1 18.06 (Net Asset Value) Loomis Line 1 33.13 Fund Sayles Mutual 1.20% bl.30 Bank 16.55 Fund Trust 7.15 21.65 Stks)__l com bl.30 Par 30.37 com 1950_ 1950— New 1 (Income com Stocks) Knickerbocker 11.04 14, Dec. 21, 19.11 Science Fund Bonds) Dec. 1.05% 13.70 1 Income Fund Shares 18.51 Appreciation 0.90% bl.25 90c 1 1 (Income pfd Stocks) bl.25 1950 1950 22.41 1 1 K-2 12.57 81c 1 1 K-l 8-3 2oc series A Preferred Stock Fund Union Common Stock Fund Bds) Bonds) (Speculative Shares Fund Union Bonds) Grade Priced 1950 2, 7.62 C Custodian ink 26, Nov. 63.75 B Keystone Bid Oct. 24.61 6.96 61.25 1 Industiu Bond 23.20 1 Corp.* Investment Inc 15.98 Boston Treasury Bills lak Television-Electronics Amer 11.87 of Bli 13.63 30.26 2% Shareholders Trust of Boston—1 Selected 14.58 Trust 3.17 55.24 10.92 Investment Investment 18.43 2.90 Fund 55.24 Sovereign Aviation Fund Investors value)-* Institutional Shares Ltd— Bank 25 17.14 Scudder, Stevens & Clark 1 17 l 7.53 4% 25% 1 6.20 6.91 4.50 37A 24V* 5 5.65 lc shares Utility shares Howe Pacific Amer Investors com__10c M.50 preferred 8 Petroleum & Trading lc shares Tobacco United States 8.61 1 1 10.91 Railroad Bond Shares equipment y tin N. Y. Admitted Ex-rights, default. to f Flat Curb, r Cash Unlisted z Ex-stock tThese bonds b Bid yield price, price, k Admitted sales (not d Deferred delivery to listing included Tradiwj privileges, in on subject to Y. all Federal taxes. sales (not Stock range), wd When delivered, dividend. are N. year's Ex¬ t Ex- wi When 41 42 The Commercial and Financial Chronicle (1570) . . . Monday, October 23, 1950 Week Ended Oct. 14 THE COURSE OF BANK CLEARINGS Bank cities of the country, >will corresponding week iast year. above those of the 22.2% be upon States for which it is possible to obtain for all cities of the United weekly clearings Our preliminary $18,386,151,503 against $15,046,800,893 for the same total stands at Federal 1949 Inc. or $ Dec. Ve 1947 1948 $ District—Philadelphia— Reserve year ago. telegraphic advices from the chief indicate that for the week ended Saturday, Oct. 21, clearings Preliminary figures compiled by us based , Third will show an increase compared with a week this clearings 1950 S> f week in 1949. At gain for the week ended Friday of 21.3%. Our comparative 1,212,670 1,039,013 1,236,402 Pennsylvania—Altoona + 16.7 3.2 1,046,797 1,159,551 950,262 3,734.076 + 13.9 1,086,416 1,098,314 3,507,633 848,000,000 2,918,959 + + 2.9 8.7 820,000,000 3,393,462 5,384,009 — 1,277,163 1,061,668 3,277,896 873,000,000 3,173,560 Bethlehem 4,955.015 2,762,804 4,573.558 + 8.7 8.1 3.8 5,065,759 2,611,263 4,669,705 5,652,406 + 11.9 8,436,764 10,447,955 8,391.189 —26.0 1,002,065 Chester Lancaster Philadelphia Reading scranton 2,986,463 Wilkes-Barre 4,753,578 York — — + + 5.6 1,064.176 2.861,030 799,000.000 3,415.926 2,479,340 4,663,684 Delaware—Wilmington 9,429,324 New this center there is a 9,221.848 8,426,102 12,457.411 915,133,995 890.754,594 + 2.7 861,476,822 838,444,884 + 34.2 7,856,205 175.409,507 315,538,180 34,928,900 4,211,433 318,551,639 259,150,917 796,744,000 Jersey—Trenton— Total (11 cities) BY CLEARINGS—RETURNS Week Ended Ocl. TELEGRAPH % 1949 1950 21— + 21.3 740,575,469 1,047,000,000 532,778,919 +20.1 280.835,490 + 12.1 - - Philadelphia - Boston — Kansas city— 353,900.000 Baltimore- 325,438,395 Columbus 37,257,800 Mansfield 4,602,006 6.703,054 151,088.991 260,004.150 35.371,200 3,891,676 9,482,430 301,665,457 5,930,496 245,670,067 +22.8 865,570.202 703.659,634 +22.1 828,728,176 2,386,207 12,967,000 + 30.2 + 11.4 + 25.8 + 23.6 3,076,701 13,217,000 Total (7 Cities) 256,745,686 + 18.6 + 22.8 West Virginia—Huntington 2.961,575,625 +20.0 Virginia—Norfolk --17,537,849,776 $14,347,862,383 +22.2 South Carolina—Charleston 848.301.727 698,938,510 +21.4 Maryland—Baltimore District of Columbia—Washington .$18,386,151,503 $15,046,800,893 +22.2 Federal Fifth Other cities, five days 3,554,286,635 _ days — ___ Total all cities for week— 3,106,317 14,450.576 'J'' ] ' of issue week. next cannot furnish them We foregoing will appear today, inasmuch as the week Saturday and the Saturday figures are not available at time of going to press. ends estimated. Accordingly, in the above, the last day of the week in all cases hsis to be the elaborate detailed In we able are however, which statement, we present further below give final and complete results of the week previous to ending Oct. there For that week 14. was an the week — 13.3%, the aggregate of increase of clearings for the whole country having amounted to $14,046,486,197 against $12,399,- Outside of this city there was a gain of 12.0%, the 758,322 in the same week in 1949. bank clearings at this center having recorded a gain of 14.8%. in the New York District (including this city) improvement of 14.4%, in the Boston Reserve District of District Reserve District by The Chicago Reserve 10.5%. by the totals record an 15.1% and in the Phila¬ In the Cleveland Reserve District the totals are delphia Reserve District of 2.7%. larger by 22.1%, in the Richmond Reserve of 16.6%. 15.9% in the Atlanta and District has to its credit gain a St. Louis Reserve District of 8.1% and the Minneapolis Reserve District In the Kansas City Reserve District the increase is 12.5%, in the Dallas and in the San Francisco Reserve District 14.7%. Reserve District 10.0% following furnish we a SUMMARY Federal Reserve OF BANK 1950 Districts Sixth Federal Nashville I~"~ Georgia—Atlanta " Aulusta — " 4th Cleveland 5th $ Dec. % 16 f21.678 72,877,254 245.300.000 1948 I 5,451,700 4,036,070 + 19.2 5,398.963 4,793,347 4,302,623 69.429,386 72,428,545 104,580,642 +20.3 106,114,324 + 22.3 + 43.8 + .9.3 112,760,398 636,686,345 + 10.5 687,270,859 1,264,235 12,215,841 6,217,898 5,299,972 51,607,000 +55.4 + 8.0 1,490,142 11,722,444 5,791,076 8,748,512 3,364,526 78,444,304 7,513,737 2,698,550 63,111,535 + 16.4 +24.7 + 24.3 5,046,458 3,940,551 +28.1 54,419.000 7,025,749 2,988,541 60,125,220 4,040,679 34,730,134 37,328 793 — 15,412,357 1,423,226 15,345.140 1,409,948 — 761,642,123 5,395,942 13,177,560 6,737,438 696,673,026 5,106,207 12,293,458 5,093,146 4,808,915 1,032.599.969 3,823,120 7,628,592 480,915 266,900,000 108,404,493 6,713,864 703.603,941 - 75,448,239 + 15.4 + 11.5 74,309,898 1,964.471 13,192.310 7,130,153 8,400,540 62,931,000 Total (10 cities) 16,539,681 J9.197.618 80.981,336 278,600,000 97,431,655 6,722,389 665,018 566,955 117,860,487 a. ,■ 662,612,481 Federal Seventh Reserve District—Chicago— Michigan—Ann Arbor Grand Rapids - Lansing Indiana—Fort Wayne , Indianapolis South Bend Terre Houte Wisconsin—Milwaukee — Des Moines —— Sioux City ——. Illinois—Bloomington — 1 _'. $ + 15.5 +58.5 +21.9 2,574,350 11,336.017 5,341,390 6,114,703 51,207,000 6,115,331 X 61,090.663 4.602,689 32,990,003 7.0 28,248,951 2.7 + 0.9 13,574,092 1,095,380 786.094,934 4,526,838 12,357,532 5,251,492 4,036,946 9.3 + 5.7 + 7.2 + 32.3 + 19.1 4,421,855 4,912,784 931,656,033 + 10.8 1,010,264,592 1,014,079,998 270,400,000 121,196,522 + 14.503,143 1,123.005 786,561,187 7,254,707 12,957,378 5,390,648 1947 $ 548,341,283 476,560.468 + 15.1 437,295,236 Federal Reserve District—St. 5,971,709,101 + 14.4 6,140,415,130 6,629,686,897 Louis— 520,942,248 6,834,025,168 | 3,583,261 + 14.1 + 4.1 +24.1 116,027,570 Louisiana—New Orleans Total (17 cities)- Inc. or Missouri—St. Louis 284,900,000 255,900.000 + 11.3 270,100.000 141,465,565 + 12.2 — 2,432,649 123,085,933 138,670,013 2,025,968 + 20.1 141,415,857 134,345,941 2,035,206 564,775,175 522.681,914 + 8.1 547,897,004 915,133,995 890,754,594 + 2.7 861,476,822 838,444,884 7 " 865,570,202 708,659,634 +22.1 828,728,176 796,744,000 Illinois—Quincy " 513,774,303 443,443,386 + 15.9 456,791,442 434,387,280 10 " 703,693,941 636,686,345 + 10.5 687,270,859 17 " 1,032,599,969 931,656,033 + 10.8 1,010,264.592 Louis 4 " 564,775,1.75 522,681,914 + 8.1 547,897.004 541,159,124 7 " 433,072,308 371,442,456 + 16.6 441,720,609 442,198,771 10 " 521,067,963 463,091,929 +12.5 505,100,471 511,395.059 Total (4 Cities) - 1.9 147,405,669 2,156,933 541,159,124 1,014,079,998 Minneapolis 135,976,961 — 662,612,481 7th Chicago •th St. •th 16th Kansas 11th Dallas 12th San City 6 " 318,485,631 289,433,457 + 10.0 305,596,570 299,564,765 ___10 " 795,946.259 693,639,005 + 14.7 754,621,317 755,141,339 14,046,486,197 12,399,758,322 + 13.3 13,027,178,228 13,446,356,846 6,685,855,242 +12.0 7,138,389,187 Francisco 112 ____ Outside New York Ninth District—Minneapolis— Federal Reserve Cities 7,488,141,387. City We add now detailed statement our at— Federal 433,072,308 - Helena - 1949 . $ Inc. or Dec. %. Federal Reserve 1948 $ 689,415 - - 685,556 $ 8.4 4,660,576 Lincoln- _ _ Omaha. 4,298.257 + 8.6 4,280,549 4,559,660 391,083,935 + 17.3 404,902,958 435,633,908 2,139,883 1,947.630 908,651 — 4.4 +10.1 2,079,835 Worcester— 816,634 822,020 2,424,617 ___ 1,965,235 +23.4 2,095,486 + 5.5 7,933,959 7,507,045 District—New 24,016,358 10,371,036 + 16.4 11,124,979 9,757,199 24,222,900 + 14.7 23,105,500 24,921,300 1,403,676 +15.3 1,793.897 1,512,648 548,341,283 Reserve 5,678,640 21,671.751 1,618.067 Total (12 cities) 5,724,982 —14.5 27,790,400 Hampshire—Manchester + 13.9 24,289,585 12,069,769 Rhode Island—Psovidence 5,707,044 20,778,585 — New Haven 4,680,894 476.560.468 +15.1 487,295,236 520,942,248 7,373,129 46,432,513 2,972,600 77,878,711 73,881,579 1,931,063 New York Rochester 26,722.068 3,065,587 + 5.4 82,258,253 80,237,878 1,905,574 + 1.3 1,537,778 1,946,355 2,088,056 + 8.^ 2,213,694 2,455,319 5,713,903,080 + 14.8 5,888,789,041 6,363,618,230 — 21,992,046 19,498,380 + 12.8 19,846,631 19,345,773 13,517,203 — ,_____ Connecticut—Stamford 13,324,798 + 1.4 12,578.788 12,876,096 10,169,036 +70.5 10,182,218 — 748,200 819,904 a 716,589 41,854.625 _ . Total (12 Cities) + 4.6 + 26.9 +21.3 + 16.1 + 16.8 +28.2 560,486 545,847 7,251,663 128,760,636 7,184,733 6,737,810 506,869 8,278,974 515,568 132,159,637 6,610,010 12,363,564 12,488,791 331,539,678 10,957,543 2,541,363 336,825,704 2,339,695 1,819,203 +12.5 505,100,471 511,395,059 + 14.5 7,339,506 6,320,665 9.2 249,797.800 245,317,000 + 17.7 27,450,347 27,919,485 11,530,562 298,881,110 11,648,784 2,612.885 2,229,199 + 8.0 + 19.2 + 51.1 521,067,963 463,091,929 8.709,133 7,607.564 258.803,594 236,913,987 30,636,929 26,024,697 + 10.0 11,370,152 1,875,410' Total (10 cities) Eleventh - J.. Federal Reserve District—Dallas— Texas—Austin Dallas Fort Worth 6,648.000 + Louisiana—Shreveport Total (6 cities). — + 15.7 4,147,502 —17.4 4,116,754 3,384,242 8,991,707 + 14.1 10,631,163 10,050,373 318,435,631 —_ 5,748.000 2,427,684 10,260,291 Galveston 289,433,457 + 10.0 305,596,570 299,564,765 +25.1 102,711.876 6,261,000 6,573,000 District—San Francisco— Washington—Seattle— 127,070.656 101,580.904 110,213,372 3.721,826 7.9 4.304,446 4,651,435 152,574.934 + 13.2 155,194,446 152,074,072 61,952,369 Utah—Salt Lake City 4,039,767 172,656,030 Yakima Oregon—Portland 51,079,030 +21.3 62,287,787 57,495,367 15,780,058 California—Long Beach 13.949,258 — + 13.1 11,441,259 9,764.437 10,041,637 — 10.831,535 7.3 8,207,842 7,780,741 377,671,080 Pasadena San Francisco 336,246.045 + 12.3 384,272,887 388,516,050 — 14,040,154 12,483,340 + 12.4 12,962,796 11,857,219. Santa Barbara 4,937,848 4,408,140 3,863,454i 8,074,601 3,548,758 7,300,434 + 39.1 Stockton + 10.6 8,829,838 8.925,192 795,946,259 693,639,005 + 14.7 754.621,317 755,141,330 14,046,486,197 7.488,141,387 12,399,758,322 6,685,855,242 +13.3 13,027,178,228 +12.0 7,138,389,187 San Jose 10,432,169 17,336,730 New Jersey—Montclair 442,198,771 39,725,796 3,206,150 2,262,934 Jamestown 7.3 + 13.3 6,558,344,810 Elmira— 9,949,784 441,720,609 3,367,687 St. Joseph— Colorado—Colorado Springs York— 3,368,630 Buffalo 3,974,145 + 16.6 328,701.588 12,575,616 3,114,114 City Wichita Falls 43,061,441 Binghamton Northern New Jersey 4,927,440 8,226,678 10,734,358 14,786,110 Missouri—Kansas Twelfth Federal Reserve York—Albany Newark 90,845,383 2,513,022 8,287,805 *6,500,000 Connecticut—Hartford— Syracuse,— 7,622.619 316,899,263 88,501,873 8,650,555 4,003,683 2,072,818 8,741,800 Bedford—,—— Springfield Federal 2,239,055 *1,000,000 **well_ 6,793,066 121,453,995 141,031,723 - Pueblo Fall River Second + 458,684,412 Portland— 1,783,289 1,764,706 540,182 8,243,025 Hastings 1947 Kansas—Topeka 1,933,174 Massachusetts—Boston New 8,331,799 316,570,901 District—Kansas City— Wichita New 659,336 4,295,849 Nebraska—Fremont District—Boston— Maine—Bangor New 371,442,456 8,634,783 South Dakota—Aberdeen Tenth $ Reserve 9,181,768 258,332,497 North Dakota—Fargo 106,048,558 - showing the figures for each city for the 14 for four years: 1950 First 5,047,756 f 81,111,235 7,592,861 3,990,194 St. Paul Montana—Billings Week Ended Oct. 14 Clearings 5,590,297 12.084,089 + 7.8 + 12.2 +30.7 + 13.7 + 7.7 + 10.7 + 31.6 289.749,748 Minneapolis Total (7 cities) week ended Oct. 6,186,145 6.668,934 Minnesota—Duluth 7,082,738,616 — Total ' 434,387,280 691,335 Peoria- «th Atlanta - 456,791,442 — " Richmond + 15.9 8,209,861 I Mobiie Mississippi—Vicksburg.. Kentucky—Louisville— Tennessee—Memphis ___ 443,443,386 125,850,235 Alabama—Birmingham —11 Philadelphia 83,652.969 4,656,342 82,381,266 Florida—Jacksonville 6 trd 80,572,561 20,059,706 83,152,372 255,400,000 6,765,254 Macon—H"Z——-I—1- Eighth 12' 195,083,952 + 21.8 + District—Atlanta— Reserve - RockfordL CLEARINGS 1949 $ —12 cities York New 152,090,231 3,602,098 204,232,851 107,346,764 Chicago by Federal Reserve Districts: summary Week Ended Oct. 14— 1st Boston 3,120,822 12,184.000 7.1 128.406,497 3,925,674 222.151.697 Tennessee—Knoxville— Springfield—I—— 2nd 4,396.246 6,332,534 207,344,199 88.413,809 4,853.002 —. Decatur In the 31,414,200 513,774,303 Iowa—Cedar Rapids of 10.8%, the + 59.9 We group the cities according to the Federal Reserve Districts in which they are located and from this it appears that 5.3 + 18.3 '■ ■ Complete and exact details for the week covered by the our + 169,836,766 136,762,276 161,565,947 — — - Total (6 cities) V':" + 25.2 District—Richmond— Reserve Richmond— Total all Cities, live All cities, one day + 17.9 +33.3 Pennsylvania—Pittsburgh $13,933,563,141 $11,386,286,758 —— — Ten cities five days. 7,061.698 7,323,336 283,460,615 8,993,119 Youngstown + 34.9 335,981,950 178,130,995 Cleveland +27.2 295.137,903 304.475,937 - - 352.902,000 447.794.609 - — Cincinnati +18.9 398,259,336 — - Pittsburgh 301,900,(^00 448.911.000 Bt. Louis Ban Francisco District—Cleveland— Reserve Ohio—Canton 1,289.000.000 +31.8 +23.1 640,041,069 Chicago $7,242,429,341 976.324.060 — Cleveland Federal Fourth $8,781,546,131 338,310.999 New York... in 8,920,074 for the week follows: summary 38,447,185 52,476,975 6,834,025,168 __ , + 8.9 43,851,651 41,925,227 48,368,711 + 8.5 48.480,658 53,238,563 5,971,709,101 + 14.4 6,140,415,130 ~ 6.629,686.897 Total (10 cities) Grand Total (112 cities) Outside New York a Now included in Newark, N. J. JNot available. ^Estimated. 13,446,356.846; 7,082,738,616 Volume 172 Number 4953 . . The Commercial and Financial Chronicle . (1571) NOTICE Foreign Exchange Rates OF TENDER Company and Issue— Asuncion Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just passed: • \ , • Hotel Port Corp., 8 % Date . . Concession gold debentures—Oct George Corp.— 1st mortgage VA%-lVit%. bonds, due RATES CERTIFIED BY FEDERAL 13, Oct 27 guar. gd. trust certificates ser. "E," due Rocky Mountain & Pacific Co.— mortgage 5% gold bonds 1952_Oct 31 * Oct 25 ♦ Date Page Pennsylvania Co.— 40-year St. Louis 1950 RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930 PARTIAL OCTOBER TO OCTOBER 19, 1950, INCLUSIVE Value Oct. 13 Argentina, peso— States Oct. 16 $ Oct. 17 $ Australia, Bank pound franc .200000° .200000° .133333° .133333° .0740000° .0728000° 2.231573 rupee Franca India, franc .0544060 .0544060 .0544060 .946250 .946484 .947968 .208500 .208500 .208500 .208500 .0200600 .0200600 .0200600 .144938° .144938° .144938° .00285625 .00285625 .00285625 .238379° .238379° .238379° .238379° .208700 .208700 .208700 .115707 .115707 .115707 .115707 .262387 .262387 .262416 .262420 2.772896 2.772896 2.772896 Settlements, dollar 2.772896 .140154° .140154° .140154° .140154° .496250 .496250 ,496250 .0349000 .0345000 Union of South Africa, pound Kingdom, pound sterling Uruguay, peso Uruguay, peso Uruguay, peso tApplication .328500 .328500 .328500 .193314° .193342° .193322° .229425 .229450 .229500 .229500 2.783750 United Closed 2.783750 2.783750 2.783750 2.800742 2.800742 .561797°t type of .561797°t .561797°t .561797°t .561797°t .425531°t upon .658327°t .425531°t ,425531°t .425531°t Public .658327°t 2%% bonds, 4 lA % series series B Fibre sink, Rumford .658327°t Electric J, due 1976_Nov 15 1434 due 1996_Nov 1 1231 Nov Penn -3'/2% Electric Treasury bills decreased $177,000,000 in New York City, $40,000,000 in the Chicago District, $24,000,000 in the San Francisco District, and a total of $238,000,000 at all reporting member banks. Holdings of Treasury notes decreased $44,000,000. Holdings of United Reserve Banks Combined ((In thousands of dollars) Increase ( + ) or decrease (--) since Oct. 18, Oct. 11, 1950 Assets— Gold ____ fund for F. 21,553,431 525,413 • . •' , ( Total V' -'-' ••. gold ctf. ' and Industrial loans U. S. advances U. Total loans 1,296 of 102,100 56,000 Uncollected securities. 19,505,852 19,546,477 stock Dec trict, and increased $31,000,000 in the Atlanta District and $27,000,000 in the Richmond District. United States + 13,968.018 — 900 — deposits increased in all 1st Public mortgage 3,559,725 Borrowings increased $72,000,000 in New York City $49,000,000 in Chicago and decreased $33,000,000 in + 1,840,228 + the New net increase York District at all outside of York New 29,935 24 banks.. 1SC0 A 11 141,262 + 13,928 + 24,551 + 598,415 + 14 1 * —Nov 1 1348 cumul. pfd. stock—Oct 31 1348 due Dec bonds, 1349 Dec 1 1238 1974—Nov 1 1441 Nov due 1 1 1239 1978 trust bonds, due Corp.— series, due 1977— ISSUE CALLED 36,535 + 91 84,257 + 6,381 46,126,263 of the summary assets and liabilities + 874,969 23,069,943 dec. (—) 35,140 Oct. 11, 1,445,212 + Assets— 72,156 _ 198,765 Oct. 4, 11 —Nov 15 " Corp., 2nd preferred stock— Nov Hall Lithographing Co., 5% cumulative preferred stock_Nov Hershey Chocolate Corp.— 1 1231 1 ° Series B 4 Vi % cumulative preferred stock—— Nov 15 Refrigerator Co., $2.25 cumulative pfd. stk._Nov 15 Hytron Radio & Electronics Corp.. 6% conv. pfd. stock_Nov 22 1436 Continental (in U. S. Treasurer—gen. 17,245,373 acct._ 276,366 Total deposits 10,903 — + 5,002 5,083 16,142 + 227° + 586,586 + 360 + Loans to brokers chasing U. 45,208,208 871,346 + 478,897 B. 13b) for purchasing i certificates U. 8. 46,126,268 + 874,969 1,445,212 + Reserve gold certificate re¬ to deposit and F. R. in serves, note liabilities combined Contingent liability purchased ances 52.5% on for to + 126 + 1,451 Reserve 1,284 — 19,842 + 44 31 — 37* + + 139 68 860 domestic banks 2,247 64* — — — — Merck & Co., Inc., cum. Meyer-Bridges Co., 4%% New Rochelle mortgage 5% Penn 5%% adjusted 48,839 U. S. Government demand Domestic 1,470 34 — + — 3,942 Condition Statement of Member Banks the shows ended the statement of weekly Federal following Oct. 11: An creases of 146* 1 — 2,142 Reserve principal reporting member System in changes leading and an States Government Commercial, creased in all $146,000,000 increase for the 3,789 1,396 + 1957—Nov 1 1347 i—--Nov 17 Fund, * Nov 15 1440 preferred shares—Oct 17 Dec 1 series, due due Inc.— series A stock, 1961- and B— — 1350 In de¬ in demand of $211,000,000, in + — industrial, banks; and agricultural total the of loans in¬ $227,000,000 at all principal increases were $66,000,000 in New York City, $31,000,000 in the Chicago District, $24,000,000 in the St. Louis District, and $20,- grouped in two separate are indicate we all + + 2,556 211* + — 149 513 19 26 to demand Interbank and deposit U. S. accounts, Govt, + + 11 + 10 + 77 + 172 + except Alloy during week •October 4 (A. Steel Airlines, Inc., American Business From stock Plus common including those called the details the at Cities holder's Power a list of corporate stocks under called sinking bonds, notes, of fund redemption, provisions. volume were (except where indicated) given in the "Chronicle." in which 9 11-15 12- 5 12- 5 11-10 12- 1 11-15 3%c 11-28 11- 2 20c 11-28 11- 50c $1 11-27 10-27 1 11-10 Hide & Co. States 11-27 — A Mfg. 75c (quar.)_ 1 12-14 12- 12-12 11-30 11-15 11- 11- 10-23 12VaC 1 (resumed) Co. 1 62 Vic 11- 1 25c ' 11- 1 10-25 10-28 10-20 12- 7 11-10 12- 7 $1 (irreg.) Gas Corp., common (s-a) (s-a)— — 30c 30c 10-23 11-10 8 15c 12-22 12- $1 12-12 11-14 8c 11- 1 10-14 (quar.)-— $1.12 11- 1 10-14 (L. 9.) Company, 4'/a% pfd. <quar,)_ preferred series of 1947 (quar.) $1.12 10-31 $1.12 10-31 10-20 30c 12-11 12- (quar.) preferred Ayres Coast Line Mills, : _ (monthly)—— common preferred ——-— Co.— RR. 4% % B/G 10-31 America, Inc.— Company Natural 10-31 30c pfd. : (quar.) preferred (quar.) Electrical 11-15 11-15 75c Co 6% Co 10-27 5c 10c — — Common 5% 2 of (quar.) Steamship of B—_ '— Works Co. class Central of Leather, Water Trap option—— distribution shares.- Furniture American-Hawaiian or common for eac/i will be paid in lieu — Animal realized par Cash fractional American — net Light, share a held. Extra — Foods, Inc., A & Mortgage (year-end S.) 4%% Shoe preferred preferred Bertram (J.) Class A Class & 1 1- 2 12-15 1- 8 12-20 of 20C (quar.) 8 $1.50 11-15 11- 32 %C 11- 1 10-24 $1.183/4 pfd. quar.)— — 12- 1 11-15 1 35c Ltd Co., — 10-18 $0 1-31 1-15 11-15 10-31 %5c Sons — 11- 10-31 +25c (s-a) 11-15 10c (increased)— common (quar.) Seagrave, Co. (quar.) Co. E Bickle Guaranty i (increased Corp., 183/4C 10-20 Corp.— Belding Heiuinway Beneficial quar.) (quar.)- Manufacturing Co., 6% (A. Common $6 (increased common common Bond Beacon Beck for & liquidating Corp. Bankers ing tenders, and the page number gives the location in current from .134085 Class The date indicates the redemption or last date for mak¬ the income Electric $4.59 Below will be found 12- 87 V2C (quar.) profits to be paid in cash second share pfd. investment security American 314% distribution net Special Avondale Notices 10-20 Shares— 6% Redemption Galls and Sinking Fund 1 + 75c — 10-31 11- $1.80 — funds) 11- 11-15 25c - . American Atlantic and payable in U. S. (now Extra Holdert 11-15 30c — Company (quar.) ; Alpha Portland Cement Co. (year-end) Aluminium, Ltd.— Quarterly When Payable of Rec. 175c Co S.) Arkansas figures revised. an¬ 5c Appleton 23,461 dividends Share Corp. Cast Aloe Apex accounts, the Per Aeroquip 56 282 preferred a first ously announced, but which have not yet reached their payment date. 25 9.455 deposits United the nounced during the current week. Then we follow with a second table in which we show the payments previ¬ 472 week deposits. districts and reporting member 1346 1346 Co.— Dividend announcements America adjusted; 754 1 1 •Announcement in this Issue. 6,657 + cities increase of $288,000,000 in loans; and Investors American banks $336,000,000 in holdings of United States Gov¬ securities ernment Gas mortgage bonds, 27/«% Class condition geld bonds, series A. due Supertest Petroleum Corp., Ltd., 6% Western Union Telegraph Co.— 25-year 5% gold bonds, due 1951 557 deposits: 414 — Debits of 1235 Co.— Natural preferred Oct 31 Nov 1 preferred stock due 1960 debentures, 1032 1951—Nov gold bonds, series B, due 1951 Nov ' deposits. Borrowings The f. s. 1st mortgage and lien gold bonds, Oklahoma 1st Gas 2nd conv. * 1 9 Co.— 1st North of 1 loans banks Water mortgage 5.50%> 6,253 1,378 trial 15 — American deposits Interbank indus¬ 23 — 15,422 23,085 336 238 — — 12,433 Banks 39° + — 6,428 foreign make Cumulative 2nd pfd. stock, ser. A 4%, $100 par value_Nov King-Seeley Corp., 5% preferred stock Dec Massey-Harris Co., Ltd., 6'/4% preference stock— Nov Liabilities- 4.2% — 8 —. 7,782 vault Demand correspondents Commitments 0.7% — accept¬ 105 853 22,394 Federal with 2 + + 1,023 notes Balmce Dash of + 4 24° 2.159 indebtedness of bonds with 343 313 + 33,358 bills Treasury 9~973 + + 5,657 , securities—Total Treasury + 1 188 291 13,907 Treasury 3,475 4- _ 547 loans Government 15 carrying: banks to 16 + — 5.086 21,462 27,543 181,312 or obligations...... loans + 148 + : 488,173 accounts S. 387 Other securities Ratio Johnson & Johnson— Name of Company 971 securities + 221,032 Total liabilities & cap. accts. ° Hussmann pur¬ obligations... Government estate Loans 1,399,870 for securities Other U. 7) agricultural dealers and Government loans U. 2.283 + and carrying: or S. Other 1,122,021 + — Accounts— paid in (Section Surplus (Section Surplus Co.— stock— 2,576 industrial, loans 290,092 — 356,556 -f 9,631 Capital capital 2,456 + + Other Other + 288 440,177 3,142,596 items incl. accrued divs. liabilities Capital 11° dollars) 286 Real Total 68,663 of — + 131,659 + 18.986,038 ; availability liab., Machine & preferred Zellerbach tables. + Other Other millions 12, 1949 28,877 840,286 + 29,431 — + 59,255 —■ 1,015,762 Other 456,145 + 448,537 Foreign Deferred 1950 29,269 Commercial, acct. Foundry convertible value_ par DIVIDENDS since Oct. Loans—gross Deposits: bank—reserve without reporting Loans—net notes Page ~ stock Inc. ( +) or Loans and Investment—Total Member $77,- was of 3,586 + — Liabilities— Reserve preference member banks follows: 1950 Federal Date Ltd.— City; the reporting member banks 990,164 assets assets 1438 Nov 1951—Nov — bonds, 1,757,989 — 4,021,933 items premises Total 1235 Dec 6% and 752 1 Service bonds Canners, Convertible Republic districts. 1 Nov 1978 Co.— 1st $27,000,000 in the Cleveland Dis¬ 1233 000,000. banks.. other Holdings of "other securities" increased New York District and 5,702,950 — + + securities.. and foreign Notes $31,000,000. $37,000,000. was 2,865,115 72,950 Govt, S. $50,000,000 in New York City and increased $11,000,000 in the St. Louis Dis¬ trict; the net decrease at all reporting member banks Government 3,978,475 Total Other + 159,000 14,266,118 from 83,535 — 12 + 1,188,309 Certificates Bank 29,047 — 49,788 — securities: Govt, Notes R. 1,246,139 18.812 + 2,247 . Government bonds decreased Demand deposits adjusted decreased $218,000,000 in the 38,378 Bonds F. 23,141 — 132,723 216,886 Bills Due 1,275 + 22,078,844 ; Discounts 1,222,998 — States i"'. ,i"— reserves cash 133,998 — R. notes ( 1949 . certificates Redemption Other Oct. 19, 1950 1435 1 Co.— sinking fund collateral Wisconsin 5% of 1344 —Nov 1963 Copper & Brass, Inc., 514 % (A. G.) & Bros., Inc.— Crown Holdings 1 15 Spalding - "Other loans" in¬ 1344 Nov 1965 due gold ENTIRE $39,000,000. 1130 1 Nov Company and Issue— creased 15 Nov preferred preferred debs., Gas & due 3%, due fund debentures bonds, due Canadian 000,000 in the San Francisco District. 1230 Ry.— sink, merchandise. Statement of Condition of the 12 Federal ° 1 Co.— fund Falls mortgage Service 3% .425531*t .658327°t bonds, Vulcanized & 1st West .658327°t 15 Co.— debentures, due 19G9 Union Terminal Co., 1st mtge. 3% 2.800742 1229 112g D. ser. ser. 50-year 5% 2.783750 2.800742 2.800742 depends 5% Revere .328250 .193314° .229425 . mortgage 1st mortgage .0349000 .328250 ■; Rubber Hanna (M. A.) Co., $4.25 cumul. Narragansett Electric Co.— .496250 .0349000 .193314° franc 1st 15-year .496250 krona bds, debentures, due 1961 Ltd., 434%, $100 par cumul. (B. F.) Co.— Portland .0349000 peso bonds, Cos.. National .140154° Portugal, escudo Firestone Tire & Goodrich .208700 Closed 2%% 20-year 3% .238379° 2.772896 30-yeai Ltd. 1st mtge. 31/2% bonds Manufacturing Corp.— 15-year 4% sinking fund debentures, due 1962 .0200600 .144938° .00285625 mtge. 1 1 Dodge Fraser .262333 Norway, krone Philippine Islands, •Nominal. .0544060 .946875 .00285625 pound Consol. 1 Nov preferred stock, series A Chesapeake & Ohio Ry. Co.— Ref. and impvt. mtge. Vkrh .0197125 .208700 I rupee guilder Switzerland, .0199053 .0197093 .144938° peso Zealand, Straits .0199000 .0196500 .0200600 mark of, income Consolidated Paper Corp., 2.231573 .0199000 .1096250 .115707 deutsche Netherlands, Sweden, 2.231573 .0199000 .208500 (Metropolitan), Dominion Mexico, .0727000* .046250 — Czechoslovakia, koruna Denmark, krone Germany, .133333° .0727000° 2.231573 .200000° .133333° .0544060 dollar Ceylon, .200000° ' .0196250 cruzeiro Canada, 2.231573 ' Inc.— mortgage Atlantic Refining Co., conv. Bethelehem Steel Corp.— $ .0198375 Notes Brazil, Closed Oct. 19 $ .0728666° Belgium, Oct. 18 $ .133333° Preferential East, 1st bonds, due 1952 —Nov American Bosch Corp., 3%% sink, fund debs., due 1964_Nov American Viscose Corp. 5% cumulative preferred stock__Nov Associated Telephone & Telegraph Co.— 15-year 3%% debentures : Nov Money .200000° Free New United In Oct. 14 $ Basic 15-year Buying Rate for Cable Transfers in New York Country and Monetary Unite REDEMPTION Company and Issue— Ambassador Noon 1433 1345 1955-1960 ... EXCHANGE Pag« 31 St. 1st FOREIGN 43 11-15 10-31 $5C 11-15 11- Ltd.— 3 44 Blue Ribbon Corp., Ltd., (Sidney) Blumenthal & Fund, Brazilian Inc. pfd. 5% Co. $62'/2c 25c 18c (quar.)_ (quar.)__, _ (quar.t Traction Light & Class B Mfg. v (irreg.) Co. . Co. (quar.) 4.40Sir (quar.) preferred C preferred Class A Class Food Special. 11- 1 10-24 11- 11-10 9 11-10 11-15 10-31 class A Louisville pfd. 5% Inc, (quar.)__ 12-15 class lquar.)___ International 11-30 12- 11-15 1 12-15 12- 1 $12y2c Meyercord 11-20 Mica 12- 11- ___ Minute Morrlson-Knudsen Co., Inc., 10-31 10-24 1 11-10 1 11-10 12- 1 11-15 National preferred Dennison 8% (quar.) common _____ stock debenture Dlvco (increased quar.) Mfg. Co.. com. A Voting Corporation Dominion (quar.) com. (quar.) (quar.) Ltd. Stores, (quar.) Douglas Aircraft Co. (quar.) Dravo Corporation, common National 11-15 10-31 New 11- 1 10-20 11-30 11-10 1 10-16 4% 6% (quar.). - - Dv/ight Mfg. (year-end) Co. Eastern Township Electric Hose Federal-Mogul 11- 1 10-20 1 10-20 Corp. 6% Stock (quar.) Corp. __ (quar.i Extra Fuller - Brush class A Co., (quar.) 1 10-30 10-24 Pacific Electric 12-15 11-17 11-22 11- 1 5% preferred 1st preferred 11-15 11- 3 5% redeemable & $1.50 Cigar Co., General 7% Industries General Tire Extra Rubber & i Gentry, . * __ preferred (irreg. I Co. Co. * Power Graton Great the Co., & Cotton Dock Co. Huydock Steel (initial Fund, Hercules common __ (quar.) Inc. 1 37*40 12-15 12- 1 12-11 11-10 12-11 11-10 Philadelphia Suburban Water $3.65 preferred (quar.) $3.95 prefeired (quar.) 11- 1 10-20 Philadelphia 5% 10-20 11- 1 10-20 11- 1 10-20 15c 37'/2c 11- 1 10-20 $1.40 11- 1 10-20 4.08% 12- 1 11-14 Monthly 1 Company (quar.) * Oil (Tom) Institutional Aviation Interstate Co., 12- 1 11- 6 11-15 11- 6 10-31 10-16 12- 1 11-15 11-14 12-15 12- A 5 11-15 Co., preferred Simmons 1-16 class B Skelly Co. Sloss-Shcffield Steel 10- G Solar 90c 10-13 10- 6 South 1 Aircraft, Bend (increased) .___ Natural Iron & preferred Works Lathe Co. Gas Co. (extra) (quar.) (quar.i & 10- 6 Southern 10- 6 Southwestern 11-15 10-20 10-16 11-15 11- 4 11-16 11- 6 11-20 10-25 Standard Fire Insurance Co. of N. J. 11- 10-16 Standard (Indiana) (quar.) 4.40% 11-27 1-15 12-15 1-15 12-15 4% Johnson, at called $107 2nd for redemption per share Oil 12- 1 11-15 12- 1 11-15 Tide 10-30 10-16 20c (quar.).. 15c 12-10 11-29 12-10 11-29 U. S. 25c 12-15 12- 1 U. S. 12- Parchment Vegetable (Julius) Kentucky & Utilities Kerr-Addison Gold Co. (quar.) Co., 4%% Mines, ... pfd. Ltd. (quar.i. (interim) Keystone Steel & Wire Co. (quar.) King-Seeley, 5 % convertible preferred Kingan & Company, 4% pfd. (quar.i Kings County Trust Co. (N. Y.) (quar.) Knickerbocker Heater Inc. Inc. 11-30 11-16 40c 12-11 17c 12- 1 $1 11- 1 10-13 $20 11- 1 10-25 11-20 10-31 11-15 11- 11-10 10-25 1 Cement Extra Co. Co. 10-14 Adams-Millis 11-15 11-15 Increased 2 12-15 1- 2 12-15 1- 2 12-15 12- 1 Air 20c $15c Upson-Walton Co. 9 Aluminum 1 12-20 of Co. preferred (quar.) Amalgamated Sugar Co., 11-17 Amerada Petroleum American 1 Van Norman 1 Vlck Chemical Co : Co. Automobile Book (quar.i Can 12-20 12- 1 American 12-31 12- 1 American 5% $25c 12'/2c (quar.)— pfd. 75c 50c (quar.) Forging 11- 6 10-25 Common 11- 6 10-25 5% 10-16 10-13 11- 10c Year-end 50c 12- 1 11-10 Welex 50c 12- 1 11-10 Wellington Jet Service, Mills, Inc 6%> preferred (s-a) 11- 1 11- 1 10-YQ 10-20 $1.12'/2 10c 12- 1 10-25 *11-21 10-16. 10-25 $1 37*/2c 343/«c 31'Ac 31'Ac 31 'Ac 30c 11-15 10-31 American 11-15 10-31 American Phenolic Corp. 11-15 12'/2c 10-31 10-20 11-15 10-30 Co (monthly) Corp. 6% (quar.) Metal Co., pfd. (quar.) Ltd., 4'/2% Fund, Inc Mutual Natural preferred Gas, 30c 10-31 American Screw, 11-15 10-31 American Seal-Kap 11-15 10-31 American Ship 11-15 10-31 American 11-15 11- 1 11-15 11- 1 American Superpower 11-15 11- 1 American Thermos American 11- 1 10-20 12- 1 11- 7% preferred (Del.) Viscose preferred (quar.)— Corp. preferred 1st 5% 1 4'/2% Building Co Smelting & Refining (quar.) $G pfd. Co. Bottle Corp., Co., com.— (accum.) (quar.) 10-16^ 11-15 "11- 3 10-27 10-13* 11- 1 10-18 10-27 10- 6 11-22 ' 11- 8' 11-30 11- 3' 10-31 11- 2 11- 1 $1.75 $1 • 25c 75c (quar.)— common "10-16 * 10-16' 11-1 25c 20c 56'/»c 15c $1 75c — 11- 1 37'/2c common (quar.) Co. (bi-monthly) News 11- 1 *10-16 10-27 ' lO-20) 60c (accum.) Smelting Co.— $5 prior preferred (quar.) Ampco Metals, Inc.— 6% conv. preferred (s-a) 31'Ac 11-15 * 11-1 $1.25 ll-_ 1 10- 5; 30c. 12-1 '11-18, 50c 10-24 10-13 Window Glass Co.— 12- 1 11- 1 1 11- 1 American Co. Products »t« * 1 11-10 12- 1 12- 1 11-15 11- 1 10-20 11- 1 5% 11-10 1 10-20 11-10 preferred convertible American Lead Zinc, Anaconda Wire Cable & preferred preferred Co * Inc.— $1.50 11- 1 $1.50 1-31-51 tquar.) 12-22 11-30 ,-6% 12-22 11-30 6% 11-15 10-24 12- 9 11-16 Anglo-Canadian Telephone Co.— 4'/2% (quar.) preferred 12- 9 11-16 Anheuser-Busch 50c 50c 11-15 10-25 11-15 10-25 11-20 11- prior prior (quar.) Inc.' (quar.) — Appalachian Electric Power Co.— 4'/2% preferred (quar.) llf 2 20c 12-1 11- 2' / (quar.) 11- 1 11- 1 10-11 10-11 12-18 12-18 Arcade Cotton Mills— 6 $1 $3 12-23 12-23 Co 70c 12- 1 11-15 ; 15c 12-15 11-15 15c Common 12-15 11-15 12- 1 12- 1 10-31 (quar.) 12-20 12- 8 12-20 12- 8 1 11- 3 Archer-Daniels-Midland Argo Oil Corp. 6% 12- 10c 12- 1 11- 3 $1.10 1- 2 12- 1 (s-a) preferred Extra 10-17 10-16 Argus Corp., Ltd., common (quar.) 4*/2% convertible preference (quar.)—>— 11- 1 10-20 Arizona 11- 1 10-20 preferred (quar.i—— Artkraft Manufacturing Corp.— Edison Co., 12-15 11-24 11-24 11-15 10-31 1 11-15 12- 1 Amer. 12-11 11- 8 Associated 12-20 12-11 11-15 10-31 11-30 11-15 12-13 12- 11- 10-20 12-15 12- 8 12-15 12- 8 11-15 11- 1 11-15 11- 1 75c 50c 12-23 10-16 12-11 11-10 dep. 12-11 .■> preferred 5% 10-24 9-26 10-25 110- 5 25c 22'/2c 11- 1 11- 1 10-16 10-18 $2 12- 1 10-27 12- 1 10-27 $1.083A $1 Industries Picture Motion 11- 1 11- 1 11- 1 10- 3 10- 5 10- 5 Ltd.— (quar.) preferred (quar.) Atchison, Topeka ft Santa Fe Ry.— Increased quarterly 4*/2 % Extra Electric Co. 4.35% preferred (quar.) 4% preferred (quar.) 4% 2nd preferred (quar.) City Atlantic Coast 5% 12- 7 20c receipts for ord, reg. (interim) Associated Telephone Co., Atlantic 12-15, 12-21 1-2-51 $2 12-15 1 1-2 Electrical Associated 5% 10»-31 12-1 12-15 5c 7%c preferred (quar.) Industries, Ltd.— conv. ■ 30c — Common 8% $15c $$1.12'/2 $1.25 common $5 12-15 1 10-10' $56'/<c 11- 1 •' 25cv ,12-1 - preferred , 10-21 1-20 ' $1.12'/2 $1.12'/2 Extra $4.50 • 81 Products, Post Anchor 12- 10-2® "10-16 (irreg.) 1212- 10- 6( 10-18 _ 11- 1* $1.25 (quar.) Vitrified American 12- 10-13* * quar.) Year-end American 10-18 Co.— (increased American 11-15 10-26* 10-17 40c $1.25 Socket & Products preferred American 10-24 10-20 11-15 10-27 11-1 11- 1 (quar.) Co. Marietta 10-26 12- 1' 11- 1 11-30 $1.25 75c 50c (quar.) Home 1 12-20 11- 8 10-17 10-16 10- 9 11-15' 20c Co. American 10-31 10-31 10-23 50c $1.25 (quar.)— pfd. 5% American $1 Line RR. Co.— preferred non-cum. $2.50 11-10 10-25 $1 933/4C~ $1 37'/2e 11111111- 1 1 1 1 10- 9 10- 5 10-20 $$1.37'/2 (s-a) 11- 1 10-16 Atlantic Refining Co. convertible preferred 4% series A (quar.)_ 1 Atlas 12-15 11-15 Atlas 12-15 11-15 10-31 10-20 prefeired series B (quar.) 4% preferred A Corp. (quar.) Ault it Wiborg Proprietary, Ltd.— 5 '/2 % preference (quar.)_ 11-15 10-27 Austin 10-27 10-17 10-27 10-17 11- 1 10-20 (quar.) pfd. (quar.)__ Axe-Houghton Fund "B,"' Inc. (irreg,) 11- 1 10-20 Baldwin Locomotive 11-30 10-31 11-30 10-31 1 10-17 11-10 12- 11- 1 3.75% Powder Co., Nichols 11- & Mfg. Inc., Co., convertible $1.20 Avco (quar.)_ Plywood prior Corp., $2.25 Co, Rubber (quar.) "Wbrks (quar.) & Aroostook RR., com, (resumed) preferred (quar.) Manufacturing, $4 pfd. (quar.) & Innes, Ltd., $1 class A (s-a) Bangor 5% 12- 1 11-17 Bates 11- 6 10-20 Bathurst 20c 11-15 12- 1 11- 1 11-15 Class __ 11- 1 10-19 $1.31'/+ 15c 11- 1 10-19 25c 70c 30c 1 10-21 11- 12-12 12- 1 12-12 12- 1 12- 8 12-20 12- 5 11-17 Belknap Hardware & Belmont Benrus Iron Watch Berland 11-15 11- 8 Best &: 11- 1 10-21 Best Foods, $3 11- 1 10-20 Birtman 10-10 10-16 10-16 $1 $1.25 12-11 1-2 11- 1 11-20 12-12 Shoe pfd. (quar.) — Inc. (quar.) (increased Stores Company Inc. (quar.) (quar.) Eiectric Co. 10-26 10-12 12- 1 11- 3 11- 1 10-16 75c $1.50 11- 1 11- 1 10-20 10-20 12- 1 3-1-51 11- • 2- 9 11- 1 10-13 15c 50c 11- 1 10-31 11-15 10-24 11- 1 10-13 10-2J. 10-25 10- 6 10-10 $1 $50c Manufacturing Works Co., 11- 1 50c pr. Quarterly Quarterly 8 10-18 10-18 10-31 10-25 10-25 45c (quar.) Corp. (quar.) Apartments, $3 $6 1st preferred (quar.) 11- 10-20 10-20 11- 1 10-30 Ltd.— Baystate 11-15 11- 1 11- 1 $50c & Paper, Beaux-Arts 12V2c 30c 10c 30c 56'Ac 35c 15c 15c Power A 10-17 15c 15c 10c common preference conv. Extra 15c (quar.) 12- 1 11- 1 10-31 (quar.) common— Insurance Co, Corp., Distilling 25c Corp. 10-21 1-1-51 Co Bosch 20c Washington Steel 11- 1 (quar.)— ___l Corp. Aggregates, American 56'Ac )— 10- 9 25c 10-13 Ltd.— Canada, 4% 10-20 11- $6 _____— 10-18 10-25 (quar.)— (quar.) Inc. Co., Semi-annual $1.06^ Upper Peninsular Power, common 5'A% preferred (quar.) 11- 1 12- 1 — Appliance Corp. Allegheny & Western Ry. Co. 9 11- 11-17 Reduction 1 Stores, Ltd. Air-Way Electric 11-20 11- Shoe Agnew-Surpass 1- 11-17 quarterly Barcalo Co. 11- 1 Corp. 1 60c participating Lumber 11-15 11- 1 — Affiliated Gas Equipment, Inc.— 12-15 12-11 11-20 10% 50c $3 1 1- 2 12-15 25c dividend) (stock Industries 1 $1 $1.50 $1.50 10-25" $25c $$1.25 (quar.) 12-15 Corp.— preferred (quar.) (special-liquidating) U. S. Spring & Bumper Co., common 4 Vs % preferred (quar.) United Utilities & Specialty Corp.— 5% convertible preferred (quar.) 4'A% 11- 11-10 11- pref. (quar.) preferred 5% Acme Baldwin (quar.) Machinery Hoffman 11- 11-30 10-24 Ltd.— Co. 1 37','ac 1 partic. 15c 35c quar.) 1 11-17 11-15 11- A 10-25 11-15 - 91'Ac 15c 25c (quar.) Francisco»_ (San Insurance Fire 12- 11-30 12-15 Class 11-15 25c Ltd.— Refineries, Sugar J35c pfd. (quar.) (quar.i (increased B 12- 50c 12-15 11-15 i . 25c : 1 t75c 25c 10% (s-a) : $40c (quar.). 3.65% Co. Power Mfg. $$1.75 Co. (quar.) i Machine A Special S. Extra Acadian-Atlantic 3 11- (quar.) Incorporated ATF, 5 10-20 11-15 share of Standard each 75 shares class Ltd., Corporations. Class U. 10- 1 for J. Extra (quar.) preferred (quar.i Portland 11-15 Co., Ltd.— Common Monotype Fabrics, Inc 1 12-23 lOc (quar.t.L Woods Milling Lanston $20c 16c (year-end 1 Co Apparel, the $1.183/4 United 10c Fund, (quar.) (quar.) Lumber Extra 10-30 10-25 11- 45c (quar.) Extra 11-10 Extra (One N. Brothers, Water 11-15 3 10-15 , Holder• Payable of Ree, Share of Company • When Per Name J 10c Torrlngton Thalhimer (increased) Co. (Conn. 1 dividend Stock Union 12-11 50c Co. 11- en 12-20 11- ' preceding table. 8 12- 12-11 Screw, 1 plus this div¬ 8 10-20 1 12-18 12- held.) 15c Furnace ot Co. Stowell 17c & Co. dividend Oil preferred— idend. Kalamazoo Stove Kalamazoo Oil 25c (quar.) Co. Water 37c System (irreg.). 12- 12-18 11- 12- 75c 1;^ 10-20 not yet 12- $1.37'/2 35c 10-31 j 11- give the dividends announced in previous paid. The list does not include divi¬ this week, these being given in the we 12-31 35c $1.02 20c 50c 1-1511-15 1-31J announced 12-31 $1.10 25c (quar.) Extra Sun Below dends 12-31 50c 12- 6 (quar.)_ Extra 10-31 50c 1 20c Spalding 10-31 11- Service— Electric preferred (quar.) (A. G.) & Bros, 10c Freight Fund issue 15 10-13 12-15 11-21 3 10-20 American $1.25 10c 10c 31'Ac 20c 91'Ac 983Ac $2 $1.29 $1.50 11-3; 5 11- $1 —_ 10-13 1 11- 22'/2c 40c 57'/2c (year-end) (increased)— Co. Oil common (quar.) 10-13 12- 12-15 American 40c 22c (quar.i (quar.) Sherwin-Williams 4% 12-30 11-15 1-31 ' 10-23 12- 1 ' 11-15 $$1.75 (accum.) American 20c — Corporation, class $1.75 (quax\t Motor Entire L'Aiglon , Serrick 11-24 preferied 7% 11-15 10-31 2-21: $1.50 90c 28c (quar.) 11- 1 10-31 ► Wood, Alexander & James, Ltd.— 15c (quar.) common — Extra 20c 1-26 Co., Paper preferred (quar.) Schocllkopl', Hutton & Pomcroy— 5'/2% participating preferred (accum.)__ Security Insurance Co. (New Haveni (quar.) 25c (quar.)__ com. Year-end Lehigh 10-27 27'/2C (quar.) Group Harvester Investors Stock Lea 10-27 11-15 1 35c Extra 30c Bond preferred 7% 11-15 preferred (quar.) preferred (quar.) Power & Light Co. 3.60% convertible clears (quar.) Corp. 11- 4 12-1 common Wisconsin payment 4.40% 3 11- 11-15 6% Power, 40c Stock Shares, Ltd.— (.s-a) and Lake of 6% This __. Industries Stamford Special Kvsor Refining, & (accum.) arrears. 30c __ Group International Kayser (quar.i. (quar.) Oil Regis 11-15 1 Corp.— _ __ Nov. common 45c $1 (quar.) Electronics & Co., common preferred (quar.) Jonnson Tobacco, 10c Peanut Power 7% 90c 25c 25c $25c $$1.25 13c 12- 11-15 11- 11-30 $2 — 12'/2c (quar.) ___ Stock (quar.)___ Co. 2>/2c (quar.)_ Co., Hytron & Radio Special 4% t50c 12-12 35c 30c 85c 90c 97*/2c $1 15c 25c 30c; (s-a) Corp. 433ic — Light & (quar.) (R. J.) B (quar.) common $25c Ltd Hub Loan Co., 5% pfd. Idaho _______ 12'/2c preferred Extra Huston common. > Extra St. 10-16 Electric Wisconsin Gas— & ; Class 1 Ross 12'/2c Participating Home Co., (quar.) Power Inc. Extra all 25c 2',4c (quar.) common (quar.) (quar.i Electric preferred preferred 20c Extra preferred preference Sound Reynolds 20c,3 _____ - (Charles E.) div. Pullman, 30c (monthly)- (quar.) Title Service Puget 3 11-20 11- (quar.i. (quar.i. common prior preferred 7% Public 11-20 11-15 (quar.)__ Insurance Co. (extra) __ Portland Gas & Coke Co., 6% pfd. (quar.)_ 11- 11-30 Co., convertible 90c (quar.) Homasote Company, pfd. 1 Corp.— Spencer, Bartlett & Co. Monthly Hires (s-a) (quar.) quar.) Products preferred Hinbara, Ltd., Co., preferred 0% $1.80 prior pfd. & 5% Light, 12- A __ Dredge & Peabody Coal Special Roosevelt , Hamilton 5% Power 12- 11-30 A preferred 1st 12-11 5c Ltd Knight Co., Lakes Extra preferred (quar.i dividend Pacific two-for-one a stock. common 1st redeemable Slock special meeting of stockholders has been called for Dec. 6 to consider the proposal. G'-'anby Consolidated Mining Smelting & cf preferred 12-11 50c ■___ Directors have recommended split (quar.) 1st Extra 1 25c (quar.) (quar.) ._ 9-30 11- pfd. 6% Co., 10-10 11-15 _ _______ (quar.)_. 10-20 $1.75 17'/2c (quar.) Inc. (quar.) Safety Razor Co.— Gillette .-. (increased) Co. 10-14 1 ; Mills $1 (quar.) Company (quar.) preferred A (quar.) General & iquar.)_ redeemable $4 AA Extra Gale Gas Pacific 11- (quar.)__ (quar.) Co. 5 */2 % 11-17 10-16 10-2* $2 11-22 (quar.) Bankshares 5% 11- Glass 12- 10-24 5c Common Wisconsin 50c Inc. Leather 5% 10-16 $1 Owens-Illinois 11-22 10-16 10-24 20c $ 1.12Va $1.25 25c $5c 15c 11- 1 11-15 11-22 - - 10-17 11- I 11-15 31'Ao 15c (quar.) (quar.) common 50c Consolidated Oil Ohio 12-21 10-24 Co., $1 22*/2c 15c 25c ... ._ $1 Extra Class __ Ohio-Apex, 2 10-16 Pro¬ (quar.) 10-24 12-12 10c Oil Extra stockhold¬ a (quar.) preterred (quart.) preferred (quar.) 10-24 35c 30c $2.50 25c 50% 40c 10-24 40c 62'/2c 35c (quar.) preferred convertible 5% Wilcox split to early in 1951. Power Corp., common... 10-24 11-15 at 25c (quar.) Works Screw Bank will be voted on 11-15 8 plan (Charles F.) Co., common preferred (quar.i Noyes 10-16 $10 five-for-onc. 25c Co. (quav.)__ dividend)— (stock Extra Federal First stock 11-15 1- .__ (accum.) A authorized also Extra 11-13 10-24 72c — 10c Telephone Rubber & series American North 11-15 11- ;__ (irreg.) preferred 3.90% $1.05 35c $1.75 30c 30c $2 40c $12'/2c $1.25 35c 50c — Ltd Mines, meeting A 3.60% 1 ; (quar.) common 4.80% (quar.) Co Mohawk Class 10-20 12-20 Chicago & St. Louis RR.— the 1 12- common (quar.) preferred Niagara 62'Ac Corp., ___. ers 10-30 __ (quar.) Co. Process posal $1 (s-a) Extra 40c preference Oats Calumet Directors 11- 11-15 Corp. Service preferred 10-31 Drewry's, Ltd., U. S, A., Inc,— Increased quarterly Dan & Bradstreet, Inc. Linen preferred 4'/2% 11-15 11- 11-20 35c 3.40% _ Railway & Terminal, (quar.) (quar.) Extra 12- Corp., $1.60 prior pref. 5% pfd. Producers Mountain 12- 6% 7% Maid $1 35c Continental Foundry & Machine Co.— ♦ (s-a) 10-24 New 10-21 12-30 11- 1 $l.l2'/2 11-15 25c■All- 1 12'Ac 11-15 (quar.i Extra 10-31 50c New York share) Co. 10-24 Liquidating Corp.— Seventh liquidation distribution (brings liquidation distributions to a total of Dallas Oil 10-31 $1.07 preferred (Entire issue called for re¬ demption on Nov. 15 at $105 per share plus this dividend). Crown Zellerbach Corp., $4.20 pfd. (quar. I Ltd Canada, Extra 1 Consolidated per of 10-31 $4c $52.50 (quar.) 10c $1 #20c $30c 20c 9c interim Corp Co. common Stores, i , (quar.) Insurance Fire Auto weeks and payment 11-15 Ltd.— Corp,, Corp. preferred 4'/2 % White's Holder* When • Share ~ Payable of Rear Pulp & Paper— Virginia Westchester 11-30 45c 20c 45c 20c 7c 31'Ac 25c 10c * t5c 50c Company Co. Midwest 11-15 1 8-14 — quar.) 45c _ ____ Christmas Messenger 11-20 $1.25 (increased Magnesium Products Maryland Drvdock Co 11-30 11-30 (Seattle) Marine $25c _ A__ (quar.) (quar.t Fully participating (Increased quar.) Special Christmas payment 11-30 11-30 12-15 Inc. stock Special 11-30 12-15 Ohio Electric— Southern Commonwealth Initial 5% preference & Stores, $1 15c __ (quar.) preferred 11-15 12-15 t$1.12V2 Insulated Columbus preferred 10-31 4% preferred (quar.)— — Clearing Machine Corp. (quar.)_____ Cochrane Dunlop Hardware, Ltd.— (quar.) Wire Acceptance Corp., convertible (quar.) common... Bancorporation • A 6% RR. Factors, Marine (quar.) Chcfry-Burrell Corp., common (resumed) 4% preferred (quar.) 4% preferred (1947 series) (quar.) Cincinnati Milling Machine Co., common (quar.). Corporation <quar.)„____ Co., Nashville & Adams Lynch 120c Foundry Co., ... __ Lucky - Louisiana Electric Fund 10-31 — Products, Ltd., ... 1 Extra Lowell 11-10 8-21 88c 2V2C 6c 12'/2c 25c (quar.) . Loomis-Sayles Second Special 1 9 12- 11-10 1 25c $1.55 Extra Fund Loomis-3aylcs Mutual $51'/2C Ltd Central 4% 10-24 10-31 Ltd., 414% pfd. (quar.)_ Central Colonial 10-20 1 $$1.50 $$1.50 B $1.20 1 11- $37'/2c Vickers, Canadian Co'lyer 11- (irreg.) 10-31 (annual) Canada Safeway, Class 15c $1 Common 11-15 — B Class 10-25 _____ 11-15 Extra Catelli 1 12- 1 12- 15c 75c (irreg.) (irreg.) 11- 11-22 $25 $5 $5 $6 10-31 12' 5c Common 10-25 11-15 {quar.i Extra — Per West 11-15 2c $1 $1 (special) common Common 11-10 1 Ltd.— Forgings, St Foundries — (initiali F Pipe, 3314c 33c $0.16245 ___ preferred D (quar.) convertible preferred E ___ — 27*/2c convertible 5.28% Joint 11- 50c ; _ Ltd Mines, l 12-15 Water Service Co.— 5.30% Canada Lock $50c 20c IQc (quar.) - Jackson California Gold Extra $1.50 (resumed) Co. Machine Adding —- 5.36% Liggett & Myers Tobacco (quar.) 10-31 15c Buckeye Steel Castings, common 6% preferred (quar.) Bulolo Gold Dredging,. Ltd Byron Leitch 11-15 15c Inc _ Brown-McLaren Extra 10-20 1 $$1 Store, Department Burroughs 1 11-25 Ltd. Co.. Power Semi-annual Broadway 1112- Morrday, October 23, 1950 . Name of Company Payable of Rec. Share Name of Company Payable of Rec. . . Holders V/hen Per Holders When Per Share ' Name of Company Boston Commercial and Financial Chronicle The (1572) (quar.) quar.) 50c 50c 15c . ,Volume 172 Number 4953 . „ The Commercial and Financial Chronicle . (1573) l.v«> Per Name of Company Company Bohn Aluminum Bon Ami & 6% pfd. (quar.) class 12- 9 11- 1 10-11 10-13 10-16 Commonwealth Edison Co. (quar.) Concord Gas Co. (N. H.), 7% 11-15 10- 1 Confederation 35c 11-15 10- 1 Quarterly 15c (quar.) 11- 10-20 1 10-20 1 10-20 $1.90 70c Co. (quar.) 11- 1 10-10 $2.04 50c 11-25 11-11 $2 Special Brantford Roofing Co., Ltd.— A $3 (quar.) > Class B (quar.) British Columbia Forest Products, Ltd British Columbia Pulp & Paper Co., Ltd.— 7 % preference (accum.) 7% preference (accum.) 7% preferred (accum.) above payments Steel pfd. $3.60 pfd. Products Forge all 5% Co., Brown Shoe Co., Inc., Buchanan clear (quarJ (quar.) Inc., Burnham It preferred (quar.) Caldwell Linen $1.50 1st Mills, Ltd., preferred consented change to split stock par value to equivalent to 40c California Water & preferred 11- 1 10- 6 11-15 10-16 11- 1 10-16 11- 1 10-16 Consolidated Natural $$28 2- 1 1-15 Consolidated Royalty Oil Co. 10-27 10-18 50c 11- $5 preferred 50c class A 9 10- 10-31 10-13 10-25 10-10 10-26 1 10-12 10-26 10-10 $4.52 preferred Container Common of 10-28 10- 7 10-21 10- 32c 3 11- 10-20 12-18 12- 11- 1 10-12 11- 1 10-12 4 11-15 11- Exchange Quarterly Bank Nov. 11- 1 10-14 11- 1 10-14 at called $102.50 1 10-13 10-31 Culver 11-15 ferred tion (entire Dec. on Coal called at $20 plus for Canadian Dredge & Dock, Ltd., Canadian Foreign Investment Canadian Industries, A Class 11- 1 10-14 1 10-14 1 10-14 Davidson 11- 1 10-14 Dayton 11- 1 10-14 11- 1 10-20 11-17 Denver Union 12- 1 11-10 Detroit Gasket 11-15 10-31 Detroit-Michigan 11-15 10-31 Power 4 /2 % 1st Canadian preferred 5% Hudson Ohio Light 9-29 t7c 11- Gas & & Light South 10-14 10-14 1-15 12-29 10-27 Dominion 11- 1 10-10 12- A Dominion Dominion Telephone Co. 11-10 10-31 11-10 10-20 11-10 10-20 25c 10-31 10- 9 10-31 10- 9 11- 10-16 25c $1.50 1 20c Chase National Bank Chesapeake Corp, (N. 10- 2 11-30 11- 1 12-30 12- 15C 11- 10-10 1 1 the 90c 12- 5% 1 10-31 11-15 /10-16 11- 1 10-14 11-30 10-31 50c 11-15 11- 3'A% convertible Allerton preferred ' Series A $1 for 50c (quar.) 87'Ac includes year Gas f & Foods, Common Inc., (quar.) 41/2% Cockshutt Coghlin Plow (B. & St. Co., s $3.50 preferred Colorado Columbia Columbia Fuel & Gas Iron System, Pictures Extra $4.25 6 Elastic Stop Electric Nut Bond shares 100 & Corp. & preferred Corp., 11-15 Greer of Texas shares 10-27 9-29 5% 11- 1 10-16 11- 1 10- 11- 1 10- 6 6 10-31 10- 3 10-27 9-29 7 6 10-16 12-15 1111- 1 1 10 15 10-19 $5 preferred Esmond Eversharp, Inc., & 10- 11-15 10-20 1-2-51 $5 10-31 10-11 20c 11- 1 10-16 12- 1 11-16 12- 4 8 Mills, com. Falstaff Brewing, 1 cuse) 1- 2 12-16 2 12-16 4'/4% 1 10- 4 « 12- 1 11- 1 *20c * (quar.) (stock dividend) (quar.) common .£ (quar.) 10-31 10-14 50c 11-15 10-24 12-30 12-12 11- 10-20 $1.18% 25% 183Ac 50c 25c $1.06'A 11- 1 ;10-16 11-15 10-20 11- 9 11- 9 Federal $1.20 Ferro 10-26 10-26 11- 1 5% Enamel common prior $3 "56" Hundred preferred Petroleum 10-16 75c 11- 1 10-20 12-15 11-25 25c 11-24 11- 6 25c 11-21 11- 6 56'Ac 11-15 11- 1 12- I 40e 50c 31'Ac Corp. 1 10-16 10-17 12- 12-20 37%o <11-1 37%c —— 2-1-51 - (initial) 50c 11- 1 -TOo 10-26 $1.25 12-28 6 10-10 10-14 9-22 12- 8 '$1.25 3-30-51 • Cementing Inc., : 3-12 -11.25 •6-30-51 6-11 25c common (quar.)__ 50c 11- 1 12-20 10-25 12- 5 15c (s-a) 11-15 10-30 15c (quar.)_ common 11-16 11- 3 $2.50 Light Co. America, 1 10-27 11- 1 10-20 11-15 10-20 40c 683Ac 11- 1 10-13 (quar.) $12'/2c 11- 1 10-20 (quar.)_ pfd. 4'/2% 11- $1.37% $1.12% 11- 1 (quar.) Company, Ltd., class A of 11- Co.— (quar.) (resumed) Electric (J. F.) 12-10 10-27 10-17 11-20 10-25 Hecht 40c 10-31 10- 9 9314c 10-31 10- 9 10% 1- 15-51 10% 1- 15-51 11- 8 10-18 1 11-25 11-15 12-15 12- 11-1 10-16 11- 1 10-16 11-1 Company, 33/4% preferred & Pillot, 12-13 11-10 • 3 11- 1 10-20 12- 1 11-15 10-31 10-16 30c $35c 10c 10-31 10-31 1-2-51 10-17 9-30 12- $1.25 Common non-voting 10-10 1 10-16 12- 1 11-15 11- 1 10-20 $1.50 (quar.) preferred (quar.)_ 11-10 1 $1.75 pfd. 1 1111- 50c (quar.) 12- 25c 11-1 18 "eC 10-19 1- 1 12-11 1- 2 12-16 4- 1 3-16 62'Ac 10-31 10-11 $1.06/4 10-31 10-11 25c (quar.) 10-31 $$1.63 11- 1 10-16 10-31 10-20 preferred $1.25 11-15 11- 5c 10-25 10-16 35c 11- 10-36 common 4%% preferred series A preferred series A preferred issue series being 15 Nov. B 50c at $51 for 11-15 10-25 11-15 10-25 2-15 1-25 56'Ac ; (quar.) called 1 53'Ac (quar.) 4%% 1 53'Ac (quar.)__ (quar.) 4/4% Above 12-30 (quar.)_ (quar.)— common 11-15 10-25 20c $1.25 12'/2c 10-27 redemption share plus per this regular quarterly dividend. Hibbard, Spencer, Bartlett & Co.— Common (monthly) Higbee Company, 5% preferred (quar.)— Higbie Manufacturing Co. <quar.)_ Hilton Hotels 4% Corp., convertible Hines preferred (Edward) Stock Holden Mfg. Holeproof Holly Development Stores, 5% Inc., Holly Sugar Corp., 5% Holt convertible (Henry) <fc 12- 1 11-20 12- 1 11-20 11-15 12-15 11-15 1-10 12-20 $15c 35c (quar.) Co Holly 10-16 50c class A (initial) Co. 10-16 1 $1.50 quar.) Ltd., Co., Hosiery 1 11- 50c (quar.) (extra) ____ (initial common 10-17 11- 50% Lumber dividend . 30c (quar.) common lc pfd. (quar.)_ (quar.) conv. common preferred (quar.)— — 31'Ac 25c 37'/2c 11- 1 10-30 10-25 11- 1 10-21 10-23 9-30 11- 1 10-20 11- 1 10- 9 11- 1 10- 9 12- 1 11-20 11- 1 10-18 Co.— non-cumulative class A (quar.) Horder's, Inc. (quar.) (George A.) & Co., common pfd. A (quar.) Hormel 6% Horn Hardart & Home Co. (N. ______ Y.) 25c 20c 62'/2c $1.50 50c 11-15 10-28 12-20 12- 10% 11-18 10-24 1 Houston Howe Co. Lighting Plan Four 11- 1 10-31 & (increased Power, 10-13 Street Corp.— 10-28 1 10-11 11- $4 30c quar.) pfd. (quar.) 11- 1 10-27 11- 1 10-27 $1 11- 1 10-14 Inc.— six--tenths and cents from Refrigerator, from ordinary 1-20 4c 11-10 1- 6 10-31 10-28 11- 1 10-20 11- 1 10-20 Extra preferred (entire Issue called for redemption on Nov. 15 at $53 per share plus 9 21c 30c capital common $2.25 15c 10- gains (quar.)— 20C 16 4/10c 10-16 Hussmann 65c Fund, and income $1.50 11-15 15c (Joseph) Extra 40c • 5% 12-30 10-17 30c (quar.). Co., Products, preferred (quar.) Hershey Chocolate Corp., $1 (quar.) com. Steel dividend) (stock dividend) (stock 7% 1 $25c (quar.) (quar.) Inc.— voting Hercules (quar.) common Common 10-16. Ltd. (reduced) (quar.) Walnut 11-15 I 10-13 (s-a) * Corp. 11-15 11- • (A.) on (quar.) (accum.) 12-15 12-15 25c 1 t (quar.) Fidelity & Deposit Co. of Maryland Fifteen $1 $1.25 12- Inc.— preferred 10-10 10-25 $1.19 „ Products 10-31 Company 5%% pfd. (quar.) Hart, Schaffner & Marx (reduced) for preferred (cjpar.)___ Corp. (increased).— dividend 1 $50c 2-14 RR. Well Co. preferred Harris of Ltd., 6/2% pfd. (acum.) Corp. of Pittsfield, Inc. (Mass.) partic. Flbreboard 6% Corp. 11- 25c 15c dividend Grain, Federal Loan Stock 1 11-15 Fedders-Quigan 1 11-15 11-16 25c 15c Stores, 11- Hathaway Bakeries, Inc. (quar.) Hayes Industries, Inc. (quar.) $1.25 preferred 11-15 10-17 $2.50 Department 15c 1 10-31 1 $2.50 convertible 10-16 11-30 10-27 15c (quar.) 1- 11- 2-28-51 11- 30c Quarterly 11- 10-10 11-15 Farmers & Traders Life Insurance Co. (Syra¬ Federated 135c ; 4'A% Co., Oil Handmacher-Vogel, 15c __ (s-a) common 7% preferred (quar.) Fairbanks Company, 6% $1.12'A (quar.) Brothers Henke common Gregg, 10-25 50c (quar.) Halliburton 9-30 1 10-10 56'Ac (quar.) Hallicrafters Co.— A (quar.) Ltd., 5% pfd. 10-16 Fund Ohio & preferred 10-16 10-14 10- 1 50c preferred New 12-20 Brewery $5 10- 2 1 9 11- (quar.)__ (quar.) 1 11- 10- 10-25 (quar.)_. preferred 1 11-15 10-25 $1.25 (quar.) preferred Mutual Mobile $5 10-20 25c preferred (quar.) Grless-Pfleger' Tanning Co. (quar.) Erie Railroad Co.— 11-15 / convertible Guardian 6 10-30 $25c Co. Hercules Powder (A Group Associates Enamel & Heating Products, Equity Corporation, 20c pfd. 1-1-51 10-31 5% 10-18 75c (quar.) 11- 30c (quar.) Employers 10- 1 $30c (quar.) i Electric 10-18 11- (quar.)_ (quar.) preferred convertible 11- 17c America Williainsport RR. District 11-15 (increased) common common Western Common $30c (initial) Utilities 10-18 11-15 (quar.) Griesedieck 10-31 10-16 $$1.12 Y2 (quar.)_» held), 6- 11-10 A 11-15 $1.12y2 Co. 10-31 $$1.25 (s-a) Hosiery 11-1 9-29 10-16 10-18 $25c Life Insurance Co., common (H. L.) Co., Inc. (quar.) Hydraulics, 5% preferred (quar.) Green 10-31 1 2% Inc. of Share 3- 87'AC Inc. 1 11-24 11- 10-31 (quar.) Grand Union Co. (quar.) Gray Mfg. Co. (resumed) Grayson-Roblnson Stores, Inc. $2.25 preferred (quar.) Halle (quar.) 7-16 $1.12% (quar.) Corp. 10-17 9-29 11-15 Goodyear Tire & Rubber Co. of Canada, Ltd. 4% preference (quar.) Goodyear Tire & Rubber Co., com. (quar.)— Gulf 5% 6c pfd. 10-31 10-14 4-16 1-2-51 preferred $$1.25 preferred (quar.) Empire Millwork Corp 10-16 60c (monthly) (quar.) 43/4% 10-21 10-25 Empire 4 $1.25 (quar.) Colonial Finance, 10-21 15c 12- 1 1-15 12- 20c Co., 1 10-20 Faber, Coe (quar.) Ltd. Ltd. 11- 11-17 11-17 12- Louis (quar.)_ J.), 11-15 10-30 $1.25 each 20c Colgate-Palmolive-Peet 1 Associates— 45c (monthly) Breweries 11- Corp., Rubber Co., $12%c $5 preferred vtc. (accum.) Edgewater Steel Co. (monthly) Monthly Monthly 11.50 (s-a) Common Coast 11-15 1 1 62Z2c 87'Ac Gould-National Batteries, Inc. Grafton & Company, Ltd. 10-16 Elmira 30c Co common Gotham 12- 10-18 30c (monthly) conv. preferred 10-15 1 1 20c Electric Illuminating Co., com $4.50 preferred (quar.) Cleveland Securities Corp., prior lien ; 10-25 11- 11- $1.37'A Ry. 10-14 1 1 11- $2.50 1 11- 1 2- 9-29 10c pfd. 11- 11- 11- 1 50c American Class 2-15 $1.12% 5% 9-30 11-15 11- 30c Razor Goodall 12-15 preferred 11-17 Common $25c Ltd pfd. common 8 Tool $4.50 preferred (quar.) Glatfelter (P. H.) Co., 4%% $37'Ac (accum.) Co., 9 12- $1.50 $1.37% — 10-11 $6.50 Products pfd. (quar.) common 10-14 $1.50 Sugar 10- $25c Wares, Ltd., 1 preferred B 1 $1 10-25 15c Utilities, 11- 50c (quar.) 11- 138c Corp Kansas 9 933Ac Co., common $5 preferred (quar.) Gimbel Brothers, common (quar.) $20c dividend) 4.80% 10- (quar.) 10-17 6% 3% Cleveland Clinton Ltd., 1 $1.50 10-17 Massachusetts Street Ry.— preferred A (quar.) 10-18 25c Cincinnati, Chicago preferred (quar.) Ry., 5% Test 10-10* 11- $1.50 Utilities $5 Co. 1 (quar.) 11-15 Co., Ltd.— Supply 11- (quar.) Safety Hat 11- 1 Gillette 10-16 & (stock 10-10* (quar.) (quar.) & Lewis Machine Giddings 11- Metals Corp. 1 $1.25 ; 11-15 $25c Worsteds 10-25 11- 50c preferred $25c <fc 1 ; $$1.50 (quar.) Chemical 11- (quar.) Extra Globe 11-10 60c (quar.) Advertising Co.— (Increased) Public Hartford 1 25c common Electric 2 Corp.— 25c Mahoning 1- 1 87Z2c Corp., common $3.50 preferred (quar.) 5% 10-16 Corp. preferred Hartz 11-20 for common (quar.) Cleveland, Coal 25c preferred (quar.) Stores Co., common 1-15-51 (s-a)— (quar.) (quar.) preferred 10-10 11- Inc. preferred 10-10 8% of 51/2% & 10-10 C General Public Service Corp., $6 $5.50 preferred (quar.) $4 1 Outdoor Common 10-25 Eastern preferred preferred 10-25 25c Coal Quarterly A 6 10-16 $3.75 General 87%c 4/2% 25c Quarterly City Investing Co., Class 10- Motors $1.12% Ekco Special Clearfield 1 $1 121/2 shares held) Yellow Cab Co Chickasha Cotton Oil (quar.) Cincinnati 11- of each City 1 10-27 (s-a) A Corp., common preferred (quar.) $5 preferred 6% 60c Foods Mills, (quar.) Dupuis Freres 4 11-10 11-25 convertible (quar.) Duro & Pacific RR.— the Chicago »• & preferred 10-14 11- 11-25 $1 preferred 4% $3.50 10- 11- 15c share 6 Ltd.— Co., preferred (quar.)_ Co., Ltd I.) de Nemours & Co.— 10-14 11-15 260 11- Corp. 6% $4.50 preferred Eastern $3.75 (One 11- Eastern 1949) dividend (E. 1 number dividend Wilmington •& Franklin Stock Linoleum convertible 1 1947, $1.75 per share for the and 11-15 Paper, Ltd.— 11- $3 to 10-10 6% payment respect 1948 of year Chicago, (This in Donnacona Pont 9-40 6-22 Co Great Southern (quar.) Duplan 6* & Woolens Ducommon 40c Hotel pfd. declared Common 10-16 11- 56'Ac stock Chicago Corp. (The) (quar.) Chicago, Milwaukee. St. Paul Dominion Tar V2V0 10-25 2 $40c Steel 1 10-25 5c & Common class B Du 11-15 10c Quarterly 11- 20c common 3 Chesapeake & Ohio Ry. Co.— Chicago Oilcloth Dominion 4 10- 12- 12-18 10-25 Electric General Finance Steel 1 $40c 1-2-51 10-20 General 12- $$1.25 10-13 I Transportation Corp.—• series A (quar.) Shoe 31Z»c (quar.) 10-13 10-13 10-31 1 General 10-31 25b 1 10-31 11- $5 convertible preference (quar.) Malting Co., Ltd., com. (quar.)— preferred (quar.) 5% 11- 25c (quar.) 11- General in¬ convertible Dominion 10-14 $1 12-20 secu¬ Dominion Dryden Paper 22'Ac increased 25% 2nd 10-14 1 (quar.) American preferred $17'Ac Ltd. 1 11- Co. preferred $4.25 12-20 6c 9-30 11- $1.06/4 4% General 10-10 10-10 $37'Ac 10-23 $12/2c $$1.12V2 10-17 Gardner-Denver 10-11 10-10 20c Co., 50c 1 10-31 $2 common 10-13 1 2/2c 9c pref. (quar.) <2y2c from net 10-19 11- (quar.)— conv. $1 A 10-27 $1.25 Inc $1 Trust 11- 20c (quar.)__ 62'Ac 1 12-27 $4 Co., Ltd., 6% pfd. (quar.)__ Dominion Engineering Works Ltd. (s-a) Dominion Fabrics, Ltd., common Dominion Y.) the on after 10-20 10-31 25c (quar.) Virginia— of dividend shares 10-31 25c (initial)' (s-a) 10-20 12- 12-25 10-25 50c 11-24 12-20 10-25 10-25 25c Coal $1.05 (quar.) (quar.) 1 30c 11- Corp.— Corp., (quar.) Bridge 10-20 50c 12-20 Co. Oil 11- $1 Corp. (quar.) Co. Fields (monthly) Anglo Investment, Ltd.— preferred (quar.) 5% 12-25 & 12-18 75c Electric Mfg. Inc. preferred 50c 1 11-20 75c Ltd 50c $1 10-20 11-25 30c Co quarterly Domlnguez 11-15 5% 10-25 6 15c (quar.)__ Finance 1 11-15 Power— West Co. Domestic 12- 10c Co Yard class Mines, $$1.25 (quar.) preferred (quar.) Soya Dome 12-18 $1.25 10-20 12- 12/2c 6% Extra 10-12 11- * y2c Stove Shares, Increased 10-31 12-16 11-15 Construction Co., Ltd.— conv. 11-18 11-15 12-29 y2c common Investment $25c (quar.) Chain Store Investment Corp., 4%% conv. preferred (quar.) of 12-15 8 — (quar.) Co., & General 11- 50c (quar.)_«_ Corp. of N. Y $$1.12% 3.60% preferred (quar.) Central Paper Co. (stock dividend) Central Power & Light Co. (Texas)— Cash 12-11 2 $2 vestment income and 3%c from net rity profits.) Dodge Manufacturing Corp.— $20c 2 Central Central & 10-10 Dishcr Steel 25C Central Central 1 $$3 Monthly Monthly Central 11- $70c (irreg.) 4% Discount $20c Central Electric <fc Gas Co. (increased quar.) Central Hollywood Bldg. Co. (monthly) i; 10-10 Dividend (irreg.) 5 1 12- 1 55c 20c 10-14 1 "Ca- 10-16 11- 1 $3 General (year-end) 10-28 redemp- 10- this div¬ (quar.) A B.) 1 11- pfd. (quar.)— preferred (quar.)____ $3.50 (year-end) B 11- pre¬ Carolina Power & Light Co., com Carpenter Paper Co., common (quar.) 4% preferred (quar.) Castle (A. M.) & Company (quar.) Caterpillar Tractor Co., com. (increased) 4.20% preferred (quar.) „ Class A Class 10-17 10-25 y2c Stock & 6 15c Fruit Diocesan $1.50 (extra) pfd. Celotex Corporation, common 6% preferred (quar.) Central Coal & Coke Corp. Giorgio $$1.25 (quar.) Uti'ities, Ltd., 9-30 12-15 10c Detroit River Tunnel 9-30 1 11-20 50c & preferred $31c Ltd., com. (quar.) Canadian Investment Fund, Ltd Canadian Oil Companies, Ltd., com. (quar.) • 1 11- 1 on A (quar.) Phipps Stores 12-20 11- 11- 12- 1 10-20 11- 11- 11-15 (quar.) Company, 5% (Robert) Co., 6% General Class Delaware $25c com. pfd. Co., Dean Di 11-20 1-2-51 11- 10-1$ Gamble-Skogmo, Inc., 5% preferred (quar.). 11- 6 11-15 y2c 10-10 9-20 11-20 t$2 Water, 5% preferred Brothers, Inc. (quar.) 11-30 5% Gair 90c Ltd. (increased) Gabriel 8 $50c Extra Rubber (D. 8 12- preferred plus Davenport 11- Fuller 12- 2 1 15c 25c (quar.) Malting Co., com. preferred General (monthly) 11- 10-25 25c (quar.).. preferred 2 9-29 11- Corp.— (A. J.) Ltd., common (quar.) preferred (quar.) : (Fred F.) Investing Co., Inc.— $2.20 1- — (monthly) A $10c dividend) Y.) redemption Curtiss-Wright Corp., $2 class 50c 15c share per this 2nd share Co., Forster, 8% Corp. (s-a) Class $12 %C issue 11 funds" (N. Dansker Realty & Securities Corp. (N. Y.) Class A (monthly) 10-18 3 1- 66%c Pass $25c (increased) $4 for per Crum & 11-15 10-27 $1.13 idend) Nest 4!/2% 1* 12/2c Corp. French 11-20 75c issue 1 Crows 10-31 Co. Stores Froedtert Grain & 11- $1 Trust Corp., 10-14 10-25 Machine Co 10-10 11-17 $1 Products Refining Co., com. (quar.) Crown Cork & Seal Co., Ltd. (quar.) Crown Zellerbach (Entire Freiman $1.12 y2 preferred Kleiser 11-15 50c Corn 10-25* 11- & common 10-25 1 10-31 quar.) preferred 12- $1 $1 Corn 11- 1 10% 933/4C Telegraph (s-a) Fraser Companies, Ltd., common 7% $50c quar.) 4% preferred (quar.) Continental Gin Co., 4%% 11-15 6 Gear (increased Wallace, & $1.13 T $40c ,-nadian 8c Foster America— (increased $15c Co., common 5% preferred {quar.) Canadian Canners, Ltd.— i Non-cum. convertible participating s- $1 (s-a) (quar.) Corp. $32 %c Canadian. Bronze tf. (s-a) Textile Mills, Ltd. 5% preferred (s-a) Consolidated Vultee Aircraft Corp. (year-end) Consumers Power Co., common (quar.) $4.50 preferred (quar.) 10-16 11- 50c (quar.) Ltd. $1.25 Gas Consolidated 1 35c B Bakeries, J (quar,) $$1.50 (s-a) Class A (quar.) Canada Northern Power Corp., Ltd Canada Western Cordage Co., Ltd.— Class Y.) 10-20 35c Franklin (quar.) (N. 10-20 10-30 12- Corp.— Franklin . Canadian Forbes & 10-16 Corp. Co. 10-30 12V2c convertible 1 31'Ac Co., Ltd., com. (initial) $1.30 preference (quar.) Canada & Dominion Sugar Co., Ltd Canada Foils, Ltd., common 60c 11- 30c (quar.) Insurance Association 10- 25c Dearborn Edison 25c Cement 1 10-14 $$28 $4 (quar.)_ 11- 10-16 1-2-51 Extra Inc.— 11-15 $1 (Stock dividend) Brothers Common 10-14 Is preferred Fire 55c Foote 1 and (quar.) (quar.) preferred conv. com. 10- 1 $$1.75 75c (quar.) preferred Camden Telephone, 10- 1 11- $20c shares 10- 1 11- 11- (stockholders new 1 11- 50c 37Vic 62/2C ten-for-one the 11- 51c 37/2c Consolidated Holders 25c (extra) Machinery & Chemical preferred (quar.) (quar.) 62 %c $10). This payment on 2 (quar.) Consolidated $20c (quar.) Food 47/20 . When Payable of Rec. 35c 3%% preferred $37%C California Packing Corp., com. 5% preferred (quar.) California Portland Cement .$1.40 1 $1 (quar.) 11- B 25c common Food Fair Stores 11-20 Class $1.75 ( 80c 2nd participating preferred (quar.) California Electric Power Co., $3 pfd. (quar.) Canada 11- Ltd 10-14 10c (quar.) Corp, (extra). 12- 9 10-14 25c (irreg.) preferred $1 $10c semi-annual 12-15 A $400 $1.25 preferred (accum.) Co. Financial $1.25 1 Mines, Light & Power— preferred (quar.) preferred (quar.) Share First York Corp., $2 preferred (s-a) Florsheim Shoe Co., class A (extra) Class $40e Terminal $1.20 11- Increased 9-29 10-31 Class B Extra Butte Copper & Zinc Co., common Byers (A. M.) Company, common... , tlOc 20C B 7% 1 $1 A Class 10-16 1 11-15 (Toronto)— (quar.) $2.20 preferred (quar.) Consolidated Chemical Industries, Company, Ltd.— Class CIT 11- 50c 4% Burry Biscuit Corp., Bush $25c 11-1* 10c Corp Corp. Burns 11-25 90c Co Bullock's, 1 arrears. Co Gas (accum.) 11- 75c $2'Ac Association 50C • Brockway Motor Brooklyn Union Life Connecticut 11- 10-30 Company f$2 Coniaurum 11- $1 Per Name of Firemen's Insurance Co. of Newark, N. J.)— 40c pfd. 10c Extra 4% preferred (quar.) Boston Edison Co. (quar.) Boston Woven Hose & Rubber Holders Payable of Rec. Inc.— 75c 1 10-31 7c ; Buffalo Engineering-Superheater, $1 (quar.) When share Increased 11- Company Combustion 25c Corp.. A Corp., common 7% preferred (s-a) Booth Fisheries Corp., com. The Per Name of 12-15 $1.50 Bondstock Class Holders Payable of Rec. 25c (quar.)_ Brass Company, When Share Bloch Brothers Tobacco Co., Bliss (E. W.) < 45 ' this dividend). 56'Ac 11-15 46 The Commercial and Financial Chronicle (1574) ' I . Per Name of Company Huttig Sash & Door Share Mead $1.25 15c quar.) Extra 10c Power 4.08% Co., Illinois Zinc Imperial RE. Co. Co. (irreg.) Ordinary shares (interinn _ _______ preferred Co. ($100 (increased of Canada, par) preferred Trust Co. Rhode conv. Knitting pfd, Mills, dividend held.) common for preferred Jewel Tea Johnson 3%% 1 10-20 25c 12- 9 11-30 Mid-West 12-30 10-31 & 2nd preferred 2nd preferred Johnson preferred series Ranch Extra B C A 10- 2 Minneapolis-Moline 1 10-13 12- 1 11-13 12-15 12- 11- 1 10-19 11- 1 10-19 10-31 10-13 12-15 11-17 10-31 10-16 11- 10-15 1 5% Extra 20c 1 $1.50 Lake $1.37(4 Gold 11- 1 10-15 $1.25 12- 1 11-25 11- 1 10-25 common ____ (quar.)__ 11- 1 11- Company preferred (quar.) (quar,) .___ (S. H.) Co. &: (quar.) Manufacturing 4(4% preferred A $3 participating 1 10-18 Morrell 11- 1 10-16 11- 1 Tire Co. Stores Salt Corp., 4%,% pld. Company (quar.) Lewis Brothers, Ltd, Lexington Trust Fund Shares— from security earned profits 11- 1 Lincoln National 2 (4c 'Fort Wayne) Products Diablo 11- 1 10-20 12- 1 11-15 Munising 12- 1 11-15 $2 Mutual 10-11 6% 12-15 11-15 Mutual 12-15 11-15 Mutual 37 '/2C 1-2-51 12-20 Myers 4-1-51 34%C 11- 1 10-17 $1.50 11- 1 10-11 12-12 11-21 12-12 11-21 National 12- 8tock $1.75 20c 10-16 National 10-31 10-20 10c 29C 10-1$ 1-10 12-27 10-31 10-21 Coal & 10-16* Lead National 11- Stock Luzerne 11-15 Tea National 10-31 9-30 National & Steel pia. * the Mines, Ltd Corporation (quar.) (irreg.)__!___ Oil & Drilling Co. Corporation (quar.) (R. 4 (A % H.) & Co.. preferred Maytag Co., Mailman $3 Realization, Marathon Marconi Co., Marshall Ltd., Nov. Field & Co. Investors Massey-Harris CO., (entire issue called for 9 at $30 per share Convertible into including the 10th demption date. McArthur McCabe Chemical, Grain Class Co,, 5% prior A Corporation Frontenac to Aircraft Common (initial Common (quar.)_ (quar.)___ (quar.) McGraw Electric quar.) Co. ___ (quar.) 1 Merntyre Publishing Porcupine McLellan J""* I_™ Mines, Co. (quar.) 1 10-13 Randal! Company 15c 12-11 11-15 Raymond 12-11 11-15 (quar.)— 50c 11- 10-11* (quar.)___ 1 Co.— $3 10-20 10-30 10-20 11- 10-20 Reed 11- 1 10-13 Regent 11-10* 10-31 10-16 47(4c 53(4c 11-15 11-15 11- 3 5% 11- 3 Reliable 10-23 10- 9 A.) Reitman's Fire A 12- Neilson 3 12- (William), Ltd., 5% Naugatuck Water Co. (s-a) Brothers, New York beneficial of Air Brake Co, 12-22 New York Merchandise 11- 1 10-20 New York State 11- 1 10-17 3%% preferred 11- 1 10-17 4(4% pfd. 62 % c 1-2-51 12-20 $4.50 preferred 4-1-51 3-20 $2 $1.50 11- 1 11- 1 10-17 10- 9 50C 12-28 12-15 11-15 11- 11- 1 Newberry 3%% 4% & Northern 12-15 11-15 $1.50 10-31 10-23 Northern Northwest 15c 10-25 10-11 10-31 10-23 11- 1 10- 11- 1 10-16 10-31 10-13 12- 9 I 11-lfl •11-30 11-10 Northwestern 10-31 10-15 10-14 11- 1 10-14 Ohio Co. declaration last in Okonite 10-16 1 11- 1 Oliver 1 11- 1 Ontario & Steel 25c 1- 2 12-19 4- 3-19 3-19 75c 11- 1 10-13 50c 11- 1 10-13 11- 1 10-18 150'AC 12- 1 1- 37'/2C 11- Russ S. 10-16 11- 1 10-16 10-31 10-11 57 (4c 11- 1 10-20 11- 1 10-20 Saguenay 11- 1 10-13 St. 11- 1 10-13 11-3 1 1 10-10 20c 10-30 7% 56(4c 12- 1 3-1-51 56(4c 6-1-51 incorrectly preferred Outlet 60c 62 Finance 5%- (quar.) <quar.)_ 11- 1 2 11- 1 Pacific Lighting Corp. 1 10-11 Pacific Portland Cement (quar.)_ (quar.) Co. (quar.) 10-13 1 10-13 10-13 10-13 10- 2 St. preferred Lawrence $6 10-31' conv. Antonio Gold 10-31 10-16' 10-18 11-1- 1 11-15 - 10-16 11-15 10-16 12- 4 12-14 — Scotten, 10- 11-24 11-1 4.30% 11- 1 10-20 3.65% Seaboard Scovill 12- 4 12- 4 pfd. 1-2-51 12-( 8 t50c 10-25 11834c 10-25 10- 4 10- 4 1-2 12- 4 - Ltd., common— Co., Ry. common— t25c t$1.75 11- 1 11- 1 9-30 1$1.50 t60c 50c 10-25 10- 4 10-25 10- 4 12-15 12- 5 9-30. Dillon Mfg. 10-31 10-10 $1.25 11- 1 10-14- 11- 1 10-14" (quar.) 11- 1 10-14 Seagrave 11-15 10-20 (quar.) 10-25 10-14 Scranton 10- 6 12(4c t20c flOc 11-15 12- 1 11- 1 10-14 11- 1 10-14 11-10 10-20 11- 1 10-18 2- 1 1-18 5- 1 4-18 8- 1 27(4c 27(4c 27-(4c 27(4c $1 85c 30c . 5 1 RR. 7-18 11- 1 10-18* 11- 1 10-18* 11-15 10-27 * .... $1.07(4 91%c (quar.)_ (quar.):. Special 25c Line 6 Co. Seaboard Container Air 12- 11- 50c —____— Co Co.— preferred preferred 12- 12-15 t7c (quar.) Inc. 12-15 $1.25 A vtc (quar.) Mines. Ltd Industries, $1.25 5% $1.1-2 10-13 $1.25 (quar.)__ t$1.06(4 preferred A (quar.) 5(4% preferred A (quar.) 5(4% preferred A (quar.) 5(4% preferred A (quar.) Scott Paper Co., $4 preferred (quar.) $3.40 preferred (quar.) ; 10-28 50c 12-14 .5(4% 45c 6 10-13 60c _____ Antonio Transit Jquar.) Scarfe & Co., Ltd., class A 10-17 12- 10-10 10-31 preferred 11-- 11-1 10-25 10-31 50c Schenley 50c 10-13 ; Mills, Francisco Schwitzer-Cummins $1.12(4 10-13 1 50c (quar.) 10- 2- 1 1 11- Paper Mills— Louis-San B 11- 11-15 12- 1 preferred (quar.) 2nd preferred (quar.) Class 11-15 12- I 10-20 Extra . ;>10- 2 12- 1 12- 1 12-10 1 1st $2.40 St. 11- 1 10-27 11- 1 11- 1 11- (increased quar.) 4(4% Lt.d.— Flour Lawrence 7% St. $1.25 37(4c tlOc tlOc _ (quar.) 2nd preferred (quar.) 75c pfd. 1 11- 20c Ltd.. Corp., 31 (4c (irreg.) 11- 50c 12-15 (quar.) preferred 50c (year-end) sinking fund series preferred 1 . (quar.)_X— 10-14 t$1.75 Co. Fisheries Corp., 11- t$l Mfg. 1 10-10 10-20 10-20 10-13 (quar.)- t$1.06'4 25c (accum.) $1.40 (quar.)_— 10-30 $1.25 American 5% .preferred 11-20 10-31 Ltd.— _ & 1 1 1 , (quar.) preferred Inc., com. (4c $3 Company Pacific $1.25 11-20 ' _ (quar.)_ 11111111- $1.17 preferred 25c Co Marine 10-14 10-14 10-16 10-20 $1 $1.02(4 25c 15c • (quar.) San $1 Products, 1st San The 6% Co., Power, Lawrence 5%. (s-a) 11- 1 11- 1 10-25 10-25 50c Foods, common preferred $2 5-15 2-15 Fine preferred 5%, 11-15 56(4c (increased) Elevator Outboard Ry. 15c 15c 50c 25c 19c 93%c 50c Extra 10-16 Co 12-15 4(4% pfd. Stores (quar.) 25c Safeway Stores, 10-13 11- 25c 12-15 1-2-51 $1.31(4 (quar.) convertible 75c 11-10 & Building W. & 4% 4% 11- 35c not 1-2-51 t5c 30c 5,. 10 10-13 Co. (quar.) Quebec Common Otis is 10-26 10-21 Corp.— F Power, com. preferred 10-20 f$l issue. 10-16 11- 1 10-31 quar.) Paper Co., Ltd., 50c Corp.,_ 4(4% preferred (quar.) United Filters, Inc., class A (quar.) 1 12-18 4.65% 1 33%c Monday's Electric & Company 12- 2 Rcliand 1 Holding Gas 12- 1-2-51 Rockland Light & 10-25 $1.50 (quar.)_ series 10-18 (quar.) was 11- 1 35c $1.12(4 (accum.)—_ Ages Corp. 37'4c A Electric & 10-16 (quar.) A 11-15 — preferred, series H (quar.) (quar.)__ of 11- (quar.) _____• Seryice Oklahoma 11- 4-2-51 4.10% 20c ___ Gas 1 11- A (increased Mills, Ltd 11-10 35c Co. class Co., Inc. preferred Rose's (quar.)_. (Correction)— common Oliver 11- pfd. preferred t25c 50c 12- 8 pfd. Ltd., 4% 4.50% quarterly payment 1 1 Minn. Inc., $2.25 preferred preferred A (quar.) reported 11- 1- 4% 28%c $2.25 The tl5c 12- 8 10c Co., 12- 1 ~ : 1 25c Insurance $40c (s-a) Co. of California Brass, Inc.— Cotton 1- (quar.) Life lO.rll 10-21 10-21 Inc.— Extra $1.50 Co. Utilities Shoe Ohio Match 10-10 Robinson . $2.25 1 10-20 93%c Ohrbach's, 9-29 11- 1 11-15 $1.12(4 $1.12(4 arrears) 11- 1 11- 1 (quar.) Mills, Rochester (quar.) Pharmacal 10-25 25C 11- Rock all 10-27 10-20 , & preferred 12- 8 Hampshire) (quar.) Inc., 4.60% preferred National Minneapolis, Northwestern Nunn-Bush 9 Robbins Works___ Engineering 10-31 11- 11-15 Extra 4 124c 1 $5 , 10-20 (New preferred Northwest Norwich 12- 12- Co.— clears 10-27 11- 9 ^ 1 Corp., common convertible preferred (quar.) Airlines, Gas Cement 1- (accum.) payment 11-15 11-15 f25c (year-end)_ Engineering Extra 10-20 Illinois (This 1 11-15 12- 10-25 Ohio) ______ preferred (quar.)__— Rich's Inc., common <quar.)_ 3%% preferred (quar.)_;—— Rice-Stix, Inc. (quar.)—________— 10-14 1 Copper 1 (quar.)_ Bearings Corp.— Railroad 10-25 50c 25c 50c 5(4% 93%c (quar.) Engineering 10-25 10-20 10-20 (quar.) (quar.) B Natural 50c Northern 10- 10-25 10-28 * (quar,) (Dayton, Co. Fund, A preferred 11- 42(4c com. (quar.) 10-21 11- 1 11- 1 llr 1 — preferred 6% 10c Corp., (quar.) Ry. 6% 50c Gas - 10-21 . t28c & Investors 15c preferred preferred 10-13 12-14 3 10-20 Company— J.) Norman-Hoffman (4 c 1 (quar.) Inc & 1 1 10-28 37(4c 50c 75c 50c 50c (quar.)— Extra Republic Riverside (quar.) Western adj. 11-10 11- $1.18% (quar.) interest Co., Blectric preferred Norfolk 1 11-1 75c (quar.) (series 1949) (J. t$1.25 1 Inc.— convertible preferred England Fund- Certificates (quar.)_ _ 434% New (quar.) pref. 11- 11t 10-28^ (quar.)—, Revere 3 *10-21- 10-28 (quar.) B Ltd., preferred preferred Electric Republic Supply 11- 10-16 11-1 £5c 30c $1.90 6 11- 1 11-25 15c (quar.)___ —____.— 11- 11- -5 10- 11-30 $1.50 f25c tl5c Ltd.— Insurance 10-31 1 11-15 50c (quar.)— com. class Mills, redeemable 10-31 1 10-25 1 (quar.) Canada, 11-15 Co. 11-15 1 — (quar.) Company, 11-15 . Fibre 1 11- (quar.) common Quarterly Class ______ Vulcanized 12- Renold-Coventry,. Ltd., series trade shares. 10-12 10-12 11-10 1 12- gains) Co., non-cumulative $1.60 10- 9 1 1111- 11-15 —_ common (quar.) common Knitting 12- 9 20c estimates Pile partic. class A 85c 10- 6 11-15 10-13 (quar.) A (quar.)___.^— Company, 1C. 10c are class (quar.) Company Inc., Reading 11- 1 12- 8 10-23 11-1 Extra 10-30 11-10 25c Rayonier, 1 Ltd., preferred Concrete preferred Ray-O-Vac 11-15 12- t$1.00'/2 Stores 11- 10- 5 1.2- 1 1 realized convertible 5c Retail Pacific Ltd. 45c 4% 10-20 30c 4c 12- 50c Co Extra 12- 8 10-18 10-18 1 12- 1 11- 1 35c $1.06(4 (quar.) (quar.) (from 11- 1 11- 1 62(4c $1.75 25c 90c $1.17(4 25c 65c Extra 25c National 50c ~ Extra McGraw-Hill 12-30 Special 10-10 10-10 11- $1 97(4c $1.25 $1 17(4c — 12- 1 11- $1.05 . 10-20 12-15 10-10 • Securities, 11-15 1 12-15 t87(4c (quar.) preferred 6% Light 12-20 5 1-1-51 1-1-51 11- 1 11- 1 quar.) Class B Railway & $1.25 equipment shares _i_ 10-11 25c ; 10-14 10- $1.12(4 $1 95c $1.07(4 $1.10 Ltd.— Extra 10-13 12- 5 Republic 10-11 Corp.— (quar.) Common 1 12-20 10-31 Ontario (s-a)II"™ (quar.) Common 1 11- 10-31 re¬ Extra McDonnell 11- 11-15 50c Ltd. Milk Products, 11-15 t35c Co., Quinte 5c 11-14 on (quar.) Oil 10-16 50c (quar.) com. preference Co. 4c 1 f 10c McColl 10-27 - groups 50c B McCall Power distributions: 15 Extra class Quebec 10-31 stock up to and preferred Ltd., 10-16 Co., 11-15 1 pref. redemption day 10-31 25c series 40c conv. plus this dividend) common Quaker Oats 9c 11- a2(4 % _ 6 'A % 10-14 Mills, redeemable 10-31 11- 5c Trust Ltd., 10-31 56(4c (quar.) (quar.) (initial preferred Flour 10-31 11-22 45c (quar.) Massachusetts 4.20% (quar.) Colorado, 12-21 $3.50 .— (quar.) 11-17 11-15 Balanced Co. of Co preferred Reliance below shares Communica¬ (interim) Service 1 Funds— Railroad t$1.25 (quar.) 12- Gamble & ___— — America 12-28 (quar.) Railroad 75c common ordinary Public of 11-15 4.60% Corp. (increased) International Marine Procter 10-20 1 Metals 10c Selected $1.06'A (quar.) preferred 10-14 11- (quar.)_ preferred Co. 10-24 1 10c (quar.) Corp., Ltd., 5% Mar-Tex 10-31 $1.50 11- Inc.— A preferred Pressed 10c 10c Macassa Mackinnie 11-10 4.70% preferred $1 (quar.) amounts shown t3c (s-a)__ Edison, 3.60% pfd. (quar.) preferred B (quar.)_ 11-30 (year-end) (s-a) (quar.)_____ Stock series G% Co. Potomac 11-3 Corp._ 12-23 $1.06'A Oil Co. (quar.) 12-30 25% (quar.)_, Pittston (quar.)____ Castings 3.80% 62'/2c (ouar.), Pittsburgh Plate Glass Co. 5c Fabrics (quar.) (year-end) 10-13 10-13 Purity Machine preferred 10-14 15c (Del.) (quar.) prior 1 11-10 (special) (quar.) 1 11-15 25c (quar.) . 11- 11-30 10-18 11- 1 Co.— Brewing convertible $2.50 11- 1 11-20 , 11- $2 Mfg. Trust (quar.) 11-10 tl5c (quar.) B & Co., Tile of 10-15 1-1-51 Consolidated 5c 56(40 Co.— $1 (quar.) M. Pittsburgh tquar.) (quar.) 15c Y.) Corp. 15c dividend M. 10-10 preferred Preferred stock series 10-25 $1 preferred & 10-28 (quar.)_ pfd. Welding preferred 10-20 County Gas & Electric— 4'A% Co., 4% 10-16 25% $1.50 Co.— Morris & 4(4 % Products Corp. Mallinson 4(4% 1 2-20 5% Petroleum 5c Malleable 12-15 3-10-51 Co., Co. Pioneer ; preferred 10-30 $1.00 Dock Petroleum 11-1 4.40% Philip 10c National 11-21 & Taylor, 8% 2nd preferred (quar.)__ Louisiana Power & Light, $6 pfd. (quaM—_ Lowenstein (M.) & Sons, common (quar.)__ Nov. 6% Nat'l preferred (quar.) 3.80% pfd. (quar.)__ 11-15 Quarterly 10-13 1 (quar.)___ 3.90% preferred (quar.)_—. Phillips-Jones Corp., 5% preferred 10-16 10-16 9-30 27. Electric, preferred preferred $1.75 Quarterly 10-16* 11- to be held on Oct. 10-11 ; 10-30 56'AC stock preferred tion Container National 2nd non-cum. 4.30% 10-16 10-30 preferred (s-a) Products Co.— preferred Philadelphia 10-10 10-20 12- 1 10-31 6% 10- 7 (extra)— (N. Electric 9 Lord Macy Bank City 1 1 1st $4.50 10-13 1 stockholders of 10-27 11- 1 (quar.) 11- 12- .'. 10-14 1 $1.75 30c 11-15 common,.,, 10c Lorain Macoil preferred 12-20 $1.10 Extra Macco Co., Distillers 11- annual meeting 10% Casket National stock (quar.) 1 10.-17 11- 11- (quar.) approval Co., 1 25c common 10- 5 dividend Neisner _. at 10- 2 11- dividend) — the Philadelphia 10-20 12-15 11- 4 2- 5 11" 4 2- 5 10-16 11-1 Ltd (stock to Co., 12-15 50c Inc. 6 40c (quar.)_ 11- 6 11- 1 11- 1 11- 1 Inc 4(4% Register National 2-20 preferred Pfaudler Co. Subject Co. Mines, 20c Electric, Cash National Cement Gold lc Co. 6 10- $1 $1.06(4 (quar.) $1.50 Fund, 10- 10-31 tic Gear & (quar.) pfd. (Brooklyn) Bank 7'/2c $1.10 $1.12(4 $1.20 (quar.) Strauss-Duparquet, National 50c (quar. i Theaters (quar.) 11- America— of Brothers 11-10 1 11-21 J. Co. 12-28 9 8% 12-15 (quar.) & Narragansett Nathan 50c 3-10-5a Pipe Co., 9-29 1- 2 Corp.,. E.) 9-30 60o M. (F. 3-20 $7 pref. conv. Shares 10-17 Railroad— Boston 10-25 $1.15 Permanente 50c Mills, Ltd 1st preferred Investment 1 (quar.) 5% A 10-31 (quar.) Joint 10-25 9-29 _ 5% Chemical 11- Special Loew's Rice preferred $1 Lockwcod-Dutchess 11-15 10-25 (quar.)_ (quar.) Paper, class 10-10 10-10 1 10-31 11- Corp. Co. Royal 10-31 15c 75c Special stock Lock Perron 4(4% Co., Power preferred 5c $1 $4.30 10-25 10-25 Extra 87'/2c common Extra original original 11-15 11-15 Pennsylvania Muskegon Motor Specialties Co.— — preferred (quar.) Link-Belt Co. (quar.) $4.30 7%, 60c Motor from $3.50 stock 10-25 ___ Mount 100% Co., 11-10 (s-a) 30c Co. Machine (quar.)— com. Inc. 1 The I Miami Arner., Co., 30c Life Ins Printing of (quar.) 11- J15C dividend Lincoln Corp. preferred 40C and Perkins Company,— 10-20 (Greenville, S. C.) Quarterly Stock Little Plan $2.25 & 1 13 '/sc Co. National (quar.) 1 $1,121/2 (quar.) income Liberty Life Insurance Quarterly Peoples 75c 12 (4 c — 10-23 11- 6 10-31 Inc.— __— Phillips preferred Morrison-Knudsen 50c (quar.) Extra Lerner Leslie 11c (John) $2.50 & 10-20 10-20 10-20 (quar.)_. 11- 31'Ac Extension Rubber 10-31 10-31 10-31 Extra University (quar.) Lakeside Laboratories, $1.16 pfd. (quar.)__ Lane Bryant, Inc., 4(4% preferred (quar.) Lee 30c $1.183A $1.06>A Pennsylvania Industries, $6 preferred (accum.) 35c $1.50 (quar.) (quar.) Co., common (quar.)__ Moody's Investors Service— La Salle 11-17 $4 (quar.) 11- $1.12(4 Plante-Choate Mfg. Co.— 5% convertible preferred (quar) 1 10-16 Philadelphia Dairy pfd. C Pov/er Extra Kroger Company, 7% 2nd preferred (quar.)_ La Crosse Telephone Corp La series preferred series C 10-10 Co.— (quar.) 12- preferred 50c __ 6% 11-15 150c $6 50C (quar.) Works, Extra Kroehler 4.80% t2c (s-a) 11-15 12-15 Company, Ltd.— preferred 20c Ltd. (quar.) 12-15 $1.50 Liqueur Corp Monongahela Power, 4.40% 25c Mining, 10-16 $1.22(4 Semi-annual Montana (quar.) 20c 11- 1 62(4c 1-2-51 25c 11-15 $1 preferred (quar,)_____ —.—25c 2-15-51 $1.32 preferred (quar.) 33c 11-15 $1.32 preferred (quar.) ____i_—--33c 2-15-51 Penman's, Ltd., common .(quar.) $75c 11-15 $6 preferred (quar.)— t$1.50 11- 1 11-20 (quar.) (Robert) 11-20 75c 45c Corp. Casualty Co. (New Hampshire) — Quarterly Peninsular Telephone, common (quar.) $1 preferred (quar.)___. ______ 11-30 (quar.)— Mohawk 37(4c Co., (quar.) preferred common preferred Water (8. S.) Kress Mitchell 10c A (quar.) Stores, Kresge preferred 4.50% $1.25 $1.50 preferred Kirkland Kobacker Kokomo $6 10-20 11-20 11-30 Co 37(4c 137'/2c (quar.) 11-1 11-30 _ Distillers & 11- 1 11- 1 Extra Mount (quar.) Company, (quar.) Co. Paper $1 _ Kirsch pfd. Ontario & (quar.) com. Power Co., 4.60% pfd. Mississippi Power & Light Co.— IOC preferred 2nd conv. (quar.)_ (quar.) 95c (quar.) (quar.) Switchboard & Supply Keyes Fibre Co., $3 class Kingston Products (s-a) Co., 3c preferred Kellogg $1.50 preferred $1 quar.) ________ preferred Gas 1st preferred Minnesota quar.) Co 15c Davis 12-22 Co.—L 1 11- (increased 4'A% 11- 7 (4 c Tilfora & 12-29 5c 2c (initial 10-31 37'/2c $1.12»/2 (quar.) (quar.) Minneapolis Kansas City Power & Light Co.— 4% & — Corp. 10-16 10-16 (s-a) Electric 30c $1.37(4c (quar.) 11- 1 10-25 Co.— Transport Peerless (quar.) com. preferred Rhoades, 2 $1 (s-a) ________ 3.80% Inc., Co. 10- 87 (4c (quar.) (quar.), Royalty Abrasive Shoe, 4%% Morris series series pfd. 25c 50c 20c & Extra $1.10 Petroleum 1 Johnson— 4% 2nd Mid-Continent 11- 933Ac (quar.)__ Parke Extra $1 preferred Park 10-31 preferred 32(4c : Extra 75c — (quar.) 11- 20% ____ (quar.) Co., preferred 10-20 Jersey Central Power & Light— 4% $4.90 10-20 1 $1.06'A _____ 11-22 (quar.) 1 each _ 5% preferred A (quar.) 4.25% preferred B (quar.) 4(4% Co., preferred 11- 62 (4c (quar.)__ share (One 12-15 11-15 4% — (quar.)_____________ (quar.) American Petroleum 125c & $4.40 11- 13 %c (quar.) Paragon Michigan Gas & Electric Co.— 10-14 t5c preferred 11-14 10-20 Co. 25c Michaels Stern 10-14 1 25c Ltd 11-14 1 (Calif.) Co. preferred 25c 10-14 1 Mississippi (quar.)____ Co., 57o 12-1 12-1 11- 1 33yac 1 37 (4 c Mines • 50c $1.06(4 45c div¬ this plus (quar.) common 11- 30c ___ Co., share per Co., 11- 50c (F. $106.75 Bridge 11- Island— of Mountain five at $5.50 _ 11-14 idend.) t834c (quar.) Island Stock 31 9-27 t$1.75 (quar.) Pan Service 20c 1st 1 1?- Company, $4 2nd preferred— (Entire issue called for redemption on Oct. 9-19 Public $1.30 Merck & Miller (increased) Jacobs Jantzen 1 10-31 Ltd.— Corp. Participating Ironrire, Inc., 55c L.) CO Miles Corporation Investors preferred t 30c quar.) (quar.) Utilities Intertype $2.50 >-» O $1.12(4 77o preferred ($5 par) (quar.) International Resistance Co.—. conv. 11- CO 40c (quar.) International Nickel 6% 1 Pacific 11-14 Payable of Rec. Share of Company Packard-Bell tquar.l 15c (increased) common Machinery Co. International *25c H CNJ 11-14 1 25c $1.75 (quar.)—. Co., common (quar.) Stores 1 12- 25% Corp. preferred 3c Corp., preferred Mercantile Shoe 12- share held),— common 10c International Educational Publishing Co.— $3.50 preferred (accum.) 7% 11- 50C (quar.) _ Cigar Melville Miami Inglewood Gasoline Int'l 10-10 Telephone— Extra 4(4% 10-10 1 1* a 2nd preferred (quar,) „•——:___ 4'/*% preferred (quar.)—™—_ 10-10 1 11- 11-20 (One-quarter of 4% 1 11- 25c $2 preferred (quar.) Industrial Brownhoist Corp. Interchemical each 11- 3% _ Investors Associated for 10-20 7% ___ Incorporated 1 Ltd.— Imperial Tobacco Co. of Canada Ltd.— 4% preference (quar.) Indiana 11- 35c Chemical Industries, (quar.) common dividend 55c (quar.) 40c 60c Stock Name Holders When Per Holders Payable of Rec. Share Extra 10-20 20c <quar.) (quar.) Terminal 12-20 11- 51c common preferred Illinois of Company Corporation, 12-30 1 When Per Name Monday, October 23, 1950 . ' . Holders Co.— 67* preferred (quar.) Illinois Brick Co. (increased Illinois When Payable of Rec. . . 12- 1 12- 1 11-14 11-14 Co.— preferred A (quar.) Corp., 5(4% pfd. Corporation Electric Co. (quar.)_ $1.25 (quar.) 12-27 12- 27(4c 30c 11- 1 10-24 10-20 30c non-cum. 10-24 25c 11- 1 8 9-2S 9-28 10-10 Volume 172 Number 4953 . . The Commercial and Financial Chronicle . Per Name of Company Seaboard Oil Securities Co. (quar.)_ 2 12-10 1- 2 12-10 Struthers (initial quar.) Corp., new com. 75c (quar.) Mfg. of Pacific Suburban Electric Power, Oil (N.) Corp. Sutherland 12-12 11-20 11- 10-13 1 1 10-10 11- 1 10-14 11- 1 10-14 Texas Electric 10-25 10-14 Texas Power 40c 11- 1 10-27 Thatcher 11- 1 10-19 40c (quar.) common Bmith Southern 4.48% 4.56% Canada Common Southern Indiana 3.70% 12-20 11- 10- 1 10-30 10-31 10- 10-31 10- (quar.) 28 V2c 10-31 10- Electric 5 Ulen 11- Union 11- 1 12- 6 1 $1.10 11-15 1 $1 11-1 1 Oil 1 United 12- 1 10-31 Co. of 156y4C 11- 1 U. J U. preferred Special Co. of B for 11- 1 10-20 11- 1 10-14 7% two 3 U. Storage Corp. 50c 11-1 11-15 10- 6 10- 6 (increased 37»/aC quar.) 12- 10-20 11- 1 10- 11- 9 10-10 6 11- 1 11- 1 12-15 10-31 10-23 $1 10-31 Corp., $6 10-16 10-13 11- 1 10-30 20c 10-24 1 10-16 11-15 11-1 $7 (quar.) 75c Co., 11- 1 11- 11-15 11- $1.25 11-15 11- 1 $1.25 2-15-51 (quar.) 2- 1 12y2c 10-31 10- 7 7'/aC Lake 10-31 10- 7 Erie $1.433/4 11- 1 10-26 $1 11- 1 10-26 10-25 10-16 11- 10-20 25% (increased) $1 dividend 100% 1 11-16 11- 10-10 Whitehead Brothers Rubber 15c 1 10-16 W'illson 10-31 10-16 Products, Inc. Winnipeg Electric Co 11-10 10-31 Winters Wiibur-Suchard 1 11- 10-14* 1-2-51 12-20 6% of Co., 12-15 12- 1 1 12-15 12-15 12- 75c 11- 1 11-15 11- 1 11- 1 11- 1 5% (F. -"$2 . 2-1-51 30c (increased) 11- preferred 10-18 $1.50 10-31 10-1 • $1.25 11- 1 10-16 50c 12- 1 11-16 a3% 12-8 10-27 25c 11-1 110-2© 10c 11- & Co., 1 10-21 (quar.) $1 11-1 10-21 preferred 2nd series York County Gas (quar.) (quar.) $1 11- 1 10-21 75c 11- 1 10-1* 11-1 10-16 preferred Yuba 1st Consolidated Yukon common '50c 11-10 Fields Gold 5c Corp., Ltd.— 6% 12- 1 Corp. 1 10- a 137y2c 11- 1 10- 131 y4c 11- 2 — 1 10- 2 50c (quar.) books not tPayable In U. S. 10-16 10-27 10-31 11- 10-31 10-12. 10-31 10-12 1 IPayable resident 25c 1 50c Radio Extra 12- 112 y2c (quar.) common preferred (quar.) preferred (quar.) 5% ♦Transfer 11- 16c Ltd., Zenith 10-31 12-11 (quar.) Gold Consolidated Zellers, 10-16 $1.26 (quar.) 11-15 series 1-17 1 10-26 10-20 11-15, Resumed 50c convertible (Alen B.) I 1 12-30 15c W.) W.) 11- 3 10-20 11- Co. 4% 10-13 (quar.) pfd. (quar.) 1 11-2 20c 10-24 12»/aC $1.25 (quar.) Public Service, (5% (F. 4% 10-17 11-24 (quar.)_ preferred Wrisley 9-15 30c pfd. 175c Corp. Power Woolworth 10-27 12 VaC $5 (interim) Crampton Electric Woolworth 10-26 $1.50 (quar.)— com. Inc. America Corp., & Chocolate, pfd. (quar.)_ Company (quar.) Co., Ltd.— 6% preference (s-a) Wrigley (William), Jr., Co., com. (monthly). 11-30* (quar.)__ 11- 11-15 50% <■ 1 Ltd.— 50c Virginia Iron, Coal & Coke Co.— 4% 10-16 11- (quar.) Quarterly 10-10 Corp 11-1 preferred Vertientes-Camaguey Sugar Co. of Cuba— 10-15 A Paper & Stock $2 One Mines. Corp. 10-20 50c (quar.) prior 12 y2c Tobacco Vapor Heating 10-31 11-1 B Common 10-10 35C preferred Camp Sea Food Co., Vanadium 10-23 433/4c $4 10-18 1 Co.— New York, Chicago & St. Louis RR. Co.) 4% prior lien Wheeling Steel Corp. (stock dividend) White Sewing Machine Corp.— 10-14 11-15 $3 137c 15c Corporation, common convertible preferred (s-a)— Van 11-24 1-2-51 50c (quar.) 8 57c (quar.) 11-15 87 %c Valspar ' 10-15 1 12- Ry. Co., common (Payable to stockholders other than the 12-16 1 1 11- (quar ) Wheeling (quar.) Universal 1 Class 10-20 35c pfd. 10-16 11- Class A 10-20 11-15 (quar.) 10-10 11- 10-20 11-15 — Canada 11- 80c 125c preferred A (quar.) Wisconsin 10-10 t20c common 5% 75c 1 10-31 10-20 22 %c 1 11-15 10-31 Wisconsin 11- Upper 10-16 10-16 17'/ac Western Pacific RR., common (N. J.) common 1 1 11-1 50c 10-26 12-29 preferred 50c . 11- 50c 6% 120c 115c 11.25 10-17 (quar.) Gorp., 6% Leaf 11- 50c Maryland Ry. Co.— 1st preferred (accum.) $1 Universal Laboratories, Inc>— 5% convertible preferred (quar.) 10c 1$1.37% (quar.) 3iy4c 10-17 ' 10-18 11- (quar.) 1 Chemicals, Inc.— Co., Stores preferred 1 -40c Radiator S. 10-31 11-21 75c 11- dividend Extra 3 pfd. Western Light & Telephone Co., com. Westminster outstanding Potash 11- 10-25 11-15 (accum.) A 15c dividend). U. S. 11- 11-10 120c — 20% each (stock 11-16 11-15 $1.12% 12y2c — Ltd Securities 11- (quar.) 1 11-15 10-25- ' A 12- i2%c 10-26 10-13 11-10 (increased) Breweries, 20c preferred (s-a) Pipe & Foundry (quar.) 12'/ac 1 11-1 (quar.) Co. $1.25 (irreg.) 15c Corp. U. S. Lines Co. 11- 37V2c (quar.)— com. Western . 5% pfd. (accum.) class A (quar.) 25c — 1st pfd. 10c (quar.) Corp.— preference (quar.) U. S. 9-30 120c Fuller, 7% 5% (quar.) 10-14 year-end Container 11-15 Ltd 1 — Company 1 Stores class preferred Mfg. class 12- Increased - $2.50 6 87%C Canada, Tool, (quar.) prior Point 92%c 11- 9-30 1 $1.06 y4 $1.12% California & Industrial 7% West 10- (quar.) of 1 Co., (quar.) Kentucky Coal Co. (quar.) Michigan Steel Foundry— 10-28 . 10-25 Stern Textiles, Inc.— preferred (quar.) Stix Baer & West 50c 4y2% (quar.) & West Light Wentworth Missouri— $1.75 (auar.i Co. P.) 10-16 (liquidating) of 10-25 (quar.) Brothers Stone S. United Stern & (J. 1 Gas preferred 62 y2c (New York) $1.50 «. Sterchi Stevens Co. Corp. Co. Co. Cold S. Stock 10-16 Co.— Stores 11- 17 Vac , $1.75 (quar.) Canada, Ltd., $4.50 preferred (quar.) Waterous, Ltd., class A (quar.) Mfg. Co. (quar.) Wesley Mason Mills, Ltd., 5%% (quar.) (quar.) 110c Preference *%.% Trust Elastic share Stecher-Traung Lithograph Corp. Steel & Drill United Ltd.— B & 10-31 62 VaC (quar.) convertible Class 10-31 (accum.) preferred 11-15 50c (L. A.) common Cigar-Whelan $3.50 10-16 12- 1$1.25 : (A.) 10-10 common United Cities Realty Corp., United Corporations, Ltd., 10-16 11- Standard Tube Co., class B Stanley Brock, Ltd., class A (quar.) 1% Inc., Co. preferred, Gas 10-20 $1 Standard Railway Equipment Mfg. Co. (quar.) Standard Silica Coip. (quar.) Stein (quar.) 10-16 62'/2c 1 60c 12-22 1 $1.06'4 11- (quar.) preferred (quar.) preferred (quar.) preferred (quar.) $3.50 11-10 11- 112 VaC common $6 prior preferred (accum.) $7 prior preferred (accum.) Standard Power & Light Corp.— Class (quar.) 10-14 Co.— Co., Electric Union 10-20 12-9 50c -■■ih Ltd., Trust Realization $4 10-13 1 11- (quar.) Extra" preferred 11-15 1 $1.14 (quar.)__ $3.70 (quar.) convertible pfd. Company (quar.) Tung-Sol Lamp Works, common 80c preferred (quar.) 10-20 92>/aC * 4% $4.56 $4.50 $1.20 (quar.) Standard Steel Spring 5% 11-17 1-15 11- Co. 11- $4.25 8 Ltd.— 2c 12-15 (quarterly) preferred 5 12- 6 & (quar.) Worts, $1 (quar.) Trane Co.— preferred (quar.) preferred Washington Brothers 11-22 11-15 20c 4y2% red. preferred (quar.) Standard Gas & Electric— $7 Warren Co.— (quar.) Edison Trade Bank Sons Co., 10-10 12- Ins. 5 Ltd.— (quar.) Fuel 10-26 Insurance Toledo & Terminal- Western Union Standard 12-15 175c & Canada United 5% Warehouse 25c (accum.)__ Common 10-20 12- 10-20 Co., 1$1 9-30 11-15 12-15 10-20 A 11-17 $1 1 Chemical 12-15 (quar.) 1 20c preferred Products preferred 1 preferred 175c Western 11- $4 (increased) Common 11-27 11- Standard 11-15 12-15 97 '/2C preferred Mfg. Mills 7-17 12- $1 $1.03% $4 Light, Glass 8-1-51 11-30 6-15 4% 2 9-29 28c Co., Sons 11- 1-16 4-17 37>/2c 12-20 3-15 4 (4% (quar.) & 10-10 10-17 35c Gooderham 12-15 (quar.) & 1 1 5-1-51 25c <H.) 1-2-51 (quar.) JR.) & convertible Thompson 12-11 28c preferred 11- Walker 4-1-51 preferred (E. $1.12 '/a (quar.) 6 6-25-51 preferred 4.40% 12- 10-16 50c 3.90% Spencerr Kellogg 10-18 1 11- 2-1-51 37»/2c preferred (quar.) Vulcan Corp. (initial) Vulcan Detinning Co., common 50c 4.15% Squibb 1 12-15 11- Holder» 37'/2c (quar.) Quarterly Co.— (quar.) preferred 11- 25c 41 Payable of Ree. 37y2c 6% $1.06(4 A pfd. $4 10-10 1 (quar.) & 1 25% Service, 11- 10-12 Title 4.80% preferred (quar.) Southwestern Public Service Co.— Common $2.40 Ltd.— (quar.) Gas Transmission Thomaston 135c Company 11- dividend 10-20 40c (quar.) Southern 11-15 preferred When share Extra 10-14 50c Power pfd. 10-30 150c preference conv. Southern 6% Quarterly Paper Mills, preference 1 Co. 11-15 10-31 145c (quar.) (quar.) conv. 1 11- $1 20c (quar.) Common Stock Iron Edison 11- 11-15 $1 50c (resumed) — California 11-20 35c common Thermoid Company— $2.50 convertible preferred 3c Corp (Howard) Common Gas 10-20 1 Company Virginian Railway— 6% preferred (quar.) 6% preferred (quar.) ' 60c O.) Tennessee 11- 16c 11- 25c (quar.) 4y4% conv. preferred (quar.) Talon, Inc., 4% preferred (s-a) Temple Ccal Co.y8 $6 conv. pfd. 125c Per Name of 10-20 10% j (quar.) Inc 4'/2% Paper Holders 10-31 3114c common Securities, Company, 125c (quar.) Co., Ltd., common (A. Oil $1.50 Co. & Sun 1-31 —.— (quar.) Steel 1-31 (1575) Payable of Rec. 25c (quar.) preferred tquar.)_ (quar.) Mines, Ltd Bloss-Sheffield Smith 2nd 2--15-51 Ltd.— (quar.)—. Simplicity Pattern Co., Inc. Slater Biscuits, 10-16 preferred 15c (quar.) Canada, preferred Silver-Miller Sinclair Sunshine 25c Co. Lindsay & Curr 6% $1.25 10-17 $4 Co Corp. of America preferred Sierra 12-15 1 11-25 130c Common (quar.)j Shirriff's, Ltd., 24c partic. class A Sibley, 12-30 $1.06 V< 175c 2-15-51 Sherwin-Williams Corp., 11- (quar.) (s-a) Wells When Share 1- common (quar.) 125c Sheraton 5% 12-10 Company Corp. (quar.) Strawbridge & Clothier, common Stop & Shop, Inc. (stock dividend) Extra Sheller 12-28 Stouffer 1 7'/2C Steel B 12- 7%c Sharp & Dohme Inc., $4.25 pfd. Ehawinigan "Water & Power Co. Shea's Winnipeg Brewery, Ltd. Class 12-15 31V4C Acceptance, preferred 6haron Per Name of Payable of Rec. 40c Common 5% Holders When Share (Del.) I 9-30 Less a in tax closed Funds, for less this 15% Canadian funds, tax resident tax 7%. 15%; income British dividend. Canadian non-residents' deductible the at tax. Non¬ source. tax. STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Blount (P. County M. and O. Oneonta), Alabama Bond Sale—An issue of 2Vz% hospital bonds was $120,000 sold to a of Thornton, Montgomery; Watkins, Morrow & Co.; Stubbs, Smith & Lombardo, and Odess, Martin & Herzberg, all of Bir¬ mingham. Dated Sept. 1, 1950, group composed Mohr & Co., of due and on March 1 from (P. O. 1951 to inclusive. 1970 Cleburne County Heflin), Alabama Warrant Sale—An issue of $10,- County •000 warrants Board was sold of to Education George M. & Wood Co., of Montgomery, and of Georgia, of At¬ lanta, jointly, as 13/4S, at a price Dated Aug. 1, 1950. Le¬ gality approved by White, Brad¬ ley, Arant & All, of Birmingham. Bond Sale—An issue of $230,000 irst mortgage onds was Co., nc., s natural gas revenue sold to T. U. Crumpton and Brodnax 03.50. and 3%s, at Dated.Aug. ality approved by ?y, & 1, price a 1950. of Lee (P. O. Luverne), Ala. Warrant Sale—An issue of $28,00 warrants was County (P. O. Opelika), Ala. Bond Sale—An issue of $250,000 hospital bonds was sold to a group composed of Sterne, Agee & Leach, Hendrix & Mayes, both of Bir¬ mingham; Thornton, Mohr & Co., Montgomery; and Stibbs, Smith Lombardo, Inc., Birmingham, & and the sold to George Equitable Securities Corp., Nashville, 99.351. 1, 1950 and due on as Dated 2Vis, at Sept. 1. a price 1950. of Le¬ bids until 2:30 p.m. (PST) on Nov. 1 for the purchase of $20,000 school Due bonds. Oct. on gality approved by White, Brad¬ ley, Arant & All, of Birmingham. Prattville, Bond Sale—An 2%% paving and sold to Ala. issue sewer $55,000 bonds was Thornton, Mohr & Co., of Oct. 2, from 1951 to and (A-O) Principal payable at Cabazon County (P. O. Riverside), Calif. gnat, Offering G. A. Peque- — County Clerk, sealed bids Oct. 23 until for 10 the will a.m. receive (PST) purchase Carmenita Sch. Dist., Los Angeles 1387—were awarded to the Bank of America National Trust & Sav¬ County (P. O. Los Angeles), California ings Association, of San Francisco, of Bond Offering—Harold J. Ostly, County Clerk, will receive sealed bonds. Dated Nov. on 1 to 1965 inclusive. 1951 Principal (J-D) payable at the 1951 1950. about 1.83%. a price of 102.57, basis a Fullerton, Calif, Bond Offering Due in¬ 1970 to Principal and (M-N) payable at the Treasury. interest County Adams, sealed City bids purchase — Clerk, until Carrie Eh will Dec. 5 receive for $1,666,000 of the sewer bonds. Cascade Union Elementary School District, Shasta County (P. O. Redding), Calif. Bond Offering—Ruth A. Pres- Lindsay Unified Sch. Dist., Tular0 County (P. O. Visalia), Calif. Bond Sale—The $215,000 school leigh, County Clerk, will receive bonds sealed 1387—were bids until 2 p.m. (PST) on 24 for the purchase of $98,- Oct. 000 school 1950. to bonds. Due 1967 Dated Oct. on 2 Oct. from inclusive. Principal interest (A-O) payable at County Treasurer's office. Dinuba School County (P. O. District, 2, 1951 and the 24 until for at a.m. the purchase Dated on Feb. 1 from inclusive. Principal payable at El Bond bonds (PST) on of Oct. 2%, to 1957 Due 1953 to 1959 Oct. Bank a net interest follows: as inclusive. on March 1, 1958. 1961 to 135,000 2s. Due inclusive. on March 1 from 1962 to 1971 inclusive. 1, 1953 to and the 1956 Lowell interest Count> Joint School District, $50,000 Treasurer of Los water 172, p. Lorn Angeles and Orange Counties (P. O. Los Angeles), Calif. Bond Offering—Harold J. 11—v. 172, p. the 31,000 l3/4s. Due on March 1 from office. Sale—The price of 100.143, 9,000 2Vis. $17,000 1951. Feb. 10—v. $40,000 2V2S. Due on March 1 from Tulare Segundo, Calif. offered a cost of about Visalia), Calif. bonds. school Due 10 Oct. awarded ings Association, of San Francisco, Offering—Gladys Stewart, County Clerk, will receive sealed bids offered of America National Trust & Sav¬ Bend and County Treasurer's office. 1, clusive. (F-A) from 1 Nov. from Treasurer's Dec. 2s, at of a.m. (PST) on Oct. 24 purchase of $60,000 school 1, 1950. Due on as bids until 9 for the $75,000 building bonds. Dated Dec. interest jointly. interest School District, Riverside Montgomery, and Sterne, Agee & Birmingham, 1970 County Treasurer's office. Legality ap¬ proved by Orrick, Dahlquist, Neff & Herrington, of San Francisco. Leach, of 1950. the on of Dated 2 inclusive. Bond Le- County Sch. Dist. No. 2 Oct. State Teachers College (P. O. Troy), Ala. Legality approved by White, Bond Sale—An issue of $65,000 Bradley, Arant & All, of Bir¬ series B building revenue bonds mingham. was sold to Watkins, Morrow & Jasper, Ala. Co., of Birmingham, as 2V2S, at a Bond Sale—An issue of $160,000 price of par. Dated July 1, 1950. public improvement bonds was Legality approved by White, Brad¬ sold to a group composed of ley, Arant & All, of Birmingham. Sterne, Agee & Leach; Hendrix & CALIFORNIA Mayes, and Watkins, Morrow & Co., all of Birmingham, as 2s and Bryte Elementary Sch. Dist., Yolo 2%s, at a price of 99.93. Dated County (P. O. Woodland), Calif. Sept. 1, 1950. Legality approved Bond Offering—C. L. Hiddleson, by White, Bradley, Arant & All, County Clerk, will receive sealed of Birmingham. White, Brad- Arant & All, of Birmingham. renshaw Dated Oct. 1 from 1951 to 1960 inclusive. 1950. Knight, both of Birmingham, jointly, 3V2S Co., of Montgomery, of Cordova, Ala. i & The Trust Company of Geor¬ gia, of Atlanta, jointly, as 2s, at a price of 100.56. Dated Aug. 1, Trust Company of 98.584. Wood will 9 receive a.m. (PST) sealed on Ostly, Angeles County* Oct. bids until 24 for the Financial Chronicle The Commercial and 48 . Monday, October 23, 1950 . . (1576) due Glenview as awarded to a 60 America Nat. Trust & of Bank of Levy & Young- Williams, and Stone Co., oi Oakland, at 100.03, a net interest 1.727%, as follows: C. N. White & of price a about of cost Due on Dec. 15 from $100,000 5s. inclusive. 1951 to 1955 Due on Dec. 15 in IV4S. 40,000 1956 and 1957. Due on Dec. 15 1958 to 1970 inclusive. iy2s. 310,000 from Due 134s. 350,000 inclusive. Union School District, County (P. O. San Diego), Calif. South Bay San Diego build¬ $55,000 Sale—The Bond Oct. 16—v. 172, 1387—were awarded to Hanna- ing bonds offered p. 2V2S, as at 2.42%. Sch. Waldomar 100.103, a price of a about of basis of San Francisco, Talbot, & ford Riverside Dist., bids sealed on Peque- A. Clerk, will receive until 10 a.m. (PST) County gnat, of $14,Dated Dec. 1, Nov. 6 for the purchase bonds. 000 building Due 1950. Dec. 1 from 1951 to on 1, MASSACHUSETTS dated are & Ahlers Carpenter, New both Co., Trust .'of Na¬ Second the and York, P. Morgan & to J. awarded Bankers Co., Offering—Bernard Nolan, Bond offered notes were Perry, Iowa $5,297,000 first on Oct. t' 13 Sale—The Note series Cooney, of Des Moines. , Mass. Housing Authority, Boston Legality approved by Ban¬ nister, of New Orleans. of Boston, jointly, at tional Bank on Bank, both of Mendota, will Clerk, City until bids 8 p.m. jointly. , — California Offering—G. Bond Nov. & Co., . Riverside), County (P. O. to bonds 172, p. 1078— 10—v. awarded to Newman, Brown V 15 Dec. on 1971 to 1980 from bonds. 1951 from 1 Oct. offered receive sealed 0.92% interest, plus a premium of (CST) on Oct. $150. 26 for the purchase of $110,000 The notes are dated Oct. 23. swimming pool bonds. Dated Nov. 1950 and mature on Oct. 31, 1951. Marshall and Putnam Counties Con¬ Bonds maturing in 1966 and there¬ 1, 1950. Due on Nov. 1 from 1951 solidated High Sch. Dist. No. 20 Note Offering — Cornelius T. to 1969 inclusive. Optional as of after are callable as of Nov. 1, (P. O. Henry), III. Kiley, Chairman, will receive Nov. 1960. Principal and interest (M-N) 1, 1963. Legality approved sealed bids until 11 a.m. (EST) Bond Offering—A. Ernest Rose, by H. N. Rogers, of Des Moines. payable at the County Treasurer's on Oct. 26 for the purchase ol Secretary of the Board of Educa¬ office; the First National Bank, tion, will receive sealed bids until Sac City Independent School Dist., $845,000 third series notes. Dated Pueblo, or at the Northern Trust Nov. 6, 1950 and due on July 31 Iowa 8 p.m. (CST) on Oct. 30 for the Co., Chicago, at holder's option. 1951. ; 1 purchase of $600,000 building Bond Sale—The $60,000 build¬ ' Legality approved by Tallmadge f bonds. Dated Nov. 1, 1950. Due & Tallmadge, of Denver. ing bonds offered Oct. 11—v. 172, Brockton, Mass. ) on Nov. 1 from 1951 to 1969 inclu¬ p. 1388—were awarded to the Bond Offering—Leo V. Clancy; sive. Principal and interest (M-N) Iowa-Des Moines National Bank FLORIDA payable at a bank or trust com¬ of Des Moines, as l3/4s, at a price City Treasurer, will receive sealec bias until li a.m. (EST) on Oct Turnbull Special Road and Bridge pany in Illinois which is accept¬ of 100.04. 25 for the purchase of $1,480,00( able to the District and the suc¬ District (P. O. DeLand), school bonds of 1949. Dated Nov; cessful bidder. Legality approved Volusia County, Fla. Sidney Consolidated Sch. Dist., Iowa 1, 1950. Due on Nov. 1 from 1952 by Holmes, Dixon, Knouff & Pot¬ Bond Offering—J. H. Graham, to 1970 inclusive. Principal anc ter, of Chicago. Bond Offering—Theron D. Orr, Chairman of the Board of County interest payable at the Nationa Secretary of the Board of School Commissioners, will receive sealed Park Forest, III. Shawmut Bank of Boston. Legal¬ Directors, will receive sealed bids bids until 10 a.m. (EST) on Oct. Bond Offering—Vernon Adrean, ity approved by Storey, Thornuntil 8 p.m. (CST) on Nov. 2 for 23 for the purchase of $875,000 Jr., Village Treasurer, will receive the purchase of $58,000 building dike, Palmer & Dodge, of Nev bridge bonds. Dated Oct. 1, 1950. York City. sealed bids until Oct. 31 for the | bonds. Dated Nov. 1, 1950. Due Due on Oct. 1 from 1953 to I960 ; \ purchase of $76,000 bonds, con¬ on Nov. 1 from 1952 to 1970 in¬ Brookline inclusive. Bonds maturing in 1962 Housing Authority, Mass sisting of $60,000 village hall and clusive. and thereafter are callable as of Legality approved by Note Offering Benjamin A $16,000 fire department equipment H. N. Oct. 1, 1961. Rogers of Des Moines. Principal and inter¬ Trustman, Chairman, will receivissues. Dated Nov. 1, 1950. est (A-O) payable at the Chase sealed bids at the office of ;th Urbandale, Iowa National Bank, New York City. State Housing Board, Boston, un INDIANA Bond Offering — W. F. Hath¬ Legality approved by Chapman til 11 a.m. (EST) on Oct. 26 fo & Cutler, of Chicago. Town Clerk, will receive the Hanover School Building Corpora¬ away, purchase of $2,400,000 fifti sealed bids until 7:30 p.m. (CST) tion (P. O. Madison), Ind. series notes, Dated Nov. 2, 195 GEORGIA on Nov. 6 for the purchase of $5,and due Oct. 31, 1951. Bond Sale—The $160,000 first 000 fire fund bonds. Dated Nov. mortgage bonds offered Oct. 18— Spalding County (P. O. Cambridge Housing Authority, I, 1950. Due on Nov. 1 from 1951 v. 172, p. 1481—were awarded to to Griffin), Ga. Massachusetts 1955 inclusive. Legality ap¬ the City Securities Corp., of Bond Offering — J. O. Futral, proved by Bannister, Carpenter, Note Sale—The $1,275,000 thir Indianapolis, as 3s, at a price of Ahlers & Cooney, of Des Moines. Clerk of Commissioners of Roads (MST) Beverly Hills, and & Co., bonds The $220,000 build¬ ing bonds offered Oct. 16—v. 172, p. 1388—were awarded to the Na¬ tional Bank and the First State 7:30 p.m. chase of Francisco; Daniel berg, all of San Reeves until bids sealed 1962 to inclusive. 1950. County Sch. Dist. No. 289 Bond Sale—The Nov. 1 for the pur¬ $4,688,000 building bonds. Dated Nov. 1, 1950. Due on Nov. 1 from 1952 to 1975 inclusive. Witter & Co., Lawson, Dean & Due on Dec. 1 from (P. O. Mendota), III. Hell- Secretary, will re¬ beck, District ceive A. Offering—Olga Bond Heller, Bruce & Co., Blyth & Co., J. Barth & Co., Assn., Savings Nov. on 1955 Pueblo County LaSalle 1954 Sale—The $194,000 Bond were Due 1952 to 1958 inclusive. School District No. (P. O. Pueblo), Colo. from inclusive. 95,000 street construction 1959 to 1968 inclusive. offered 172, p. 1481—were syndicate composed 17—v. Oct. bonds system disposal 1 Ferriday, La. Due bonds. fund Nov. on Due on Dec. 1 from 105,000 134 s. LOUISIANA of $180,000 purchase bridge $85,000 follows: $70,000 1V2S. COLORADO $800,000 sewage the for bonds, divided as follows: view, jointly, at a price of 100.006, a net interest cost of about 1.70%, Monterey, Calif. Bond Sale—The 26 Chicago, and the State Bank, of Glen¬ Co., Trust ern 18, 1951. May on the North¬ 1279—were awarded to Conn. New London, purchase of $27,000 school bonds. Note Sale—The $600,000 tax an¬ Dated Nov. 1, 1950. Due on Nov. 1 from 1951 to 1970 inclusive. Prin¬ ticipation notes offered Oct. 9 cipal and interest (M-N) pay¬ were awarded to the First Na¬ able at the Los Angeles County tional Bank of Boston, at 0.89% discount. Dated Oct. 9, 1950, and Treasury. , 1964 Principal and in¬ inclusive. terest County the at payable Treasurer's office. Washington Union School District, (P. O. Monterey County Offering—Emmet G. Mc- Bond the for 25 Menamin, County Clerk, will re¬ ceive sealed bids until 11 a.m. (PST) on Nov. 1 for the purchase $69,000 school bonds. Dated to of 1, 1950. Due on Dec. 1 from to 1970 inclusive. Principal 1951 and interest Treasury. Legal opinion by the District. County to (J-D) payable at the 1948. Due and Principal inclusive. 1978 (J-J) payable at the Trust interest Georgia, of Atlanta. approved by Spalding, Company of Legality Atlanta. Honolulu Town Treasurer, will receive sealed bids until noon (EST) on purchase of $80,improvement bonds. Nov. 1, 1950. Due on Nov. general Dated 1 the for 1951 from inclusive. 1960 to Principal and interest payable at the Trust Stamford Darien. Co., Legality approved by Cummings & Lockwood, of Stamford. Conn. Granby, Offering—Harold B. Cot¬ Bond Board of Fi¬ will receive sealed bids at nance, Bank National Hartford the Trust & Co., 777 Main St., Hartford, until 3 p.m. the of Chairman ton, (EST) of purchase addition Dated bonds. 1950. Due 1970 inclusive. on Nov. 10 for on school $225,000 Nov. 1 Nov. from Principal 1951 and of), 1, Bond Offering Hoon, Jr., Treasurer, will receive $1,000,000 series H sewer bonds. (Bids will also be received until 2 p.m. (EST) on of that date at the Chemical Bank & Co., Corporate Trust Dept., 165 Broadway, and thereafter Nov. est are City.) York New callable payable at the Treas¬ (M-N) office urer's at the at or Chemical Co., New York City, option. Legality ap¬ holder's proved by Wood, King & Dawson, of New York City. will B.Lund, receive sealed bids until 2 p.m. (EST) on Oct. 24 for the purchase of $200,000 1951 electric and water Dated Nov. from Twin 1, 1950. Due to bonds. on 1970 inclusive. Nov. 1 Sale—The Bond National Legality Thorndike, Bank approved Palmer Boston. of by & C. of Stuart Childs F. 101.001, Due on & & jointly, cago, 16—v. Oct. awarded Co. to and Inc., Co., both of Chi¬ as IV2S, at a basis of about 1.385%. a Oct. from 1 1952 1965 to of Mass. Danvers, Town Prestc will r< — until bids sealed ceive A. Treasurer, Offering Bond 11 a.r Oct. 24 for the purchai $475,000 school bonds of 194 (EST) of on and in¬ date, principal payment Glenview I Park District Glenview), Bond Sale—The offered Oct. (P. Independent Sch. Dist., Des Moines Iowa Bond Sale—The 12—v. $1,000,000 build¬ 172, p. revenue awarded were to a com¬ group offered at bonds 18 tional — 172, price of p. and Bank, of Co., v. White-Phillips 134s, at a 100.05, a basis of about 1.23%. Janesville Consolidated Oct. bonds 1952 to 1955 to 14 of $30,000 Becker & awarded Cownie, Ottumwa, New City bids Offering—D. Clerk, until 10 will a.m. ceive Gertrude sealed 11 until bids . will r< Treasurer, Town water bonds 1481— E. Shepard, receive (CST) a 2.449%, sealed on Oct. of p. the net follows: as Due on Nov. 1 from $10,000 2M>s. 1951 172, Bankers LOuisville, at a price interest cost of about awarded^ to Bond Co., 103, 16—v. 1955 to Oct. on chase of Dated Nov. 1 Principal First the inclusive. Due on Nov. 1 from 1969 inclusive. for a. Notes Accounts, the sewer notf 1970 to inclusiv and interest payable, National will be by of Bo Bank certified as the Director Department of - Corp rations and Taxation of Massach setts. ' Medford Housing Note series v. 172, the Sale—The notes p. Authority, Ma $1,600,000 thi offered on Oct. 19 1482—were awarded National Shawmut Bank 31,000 2 34 s. 1956 to pu 1, 1950. Due on No 1951 from 26 $100,000 genuineness $41,000 Oct. (EST) ton. revenue1 refunding works were from Castle, Ky. Sale—T-he offered of Iowa 1 from inclusive. 267,000 234s. Duaon July 1 1956 to 1975"-'.mclusive. Bond was Due on July $33,000 4s. Sch. Dist., Sale—An issue 2.59%, as follows: cost of about Iowa Bond Leith, — 1389 Davenport, as construction Offering Note 1280— p. Mass. Ludlow, bonds of¬ 13—v._. 172, Oct. fered < Boston. auction on posed of J. J. B. Hilliard & Son, of Louisville, Blyth & Co., — were and awarded to a group composed of Merrill Lynch, Pierce, Fenner & Harris Trust & Savings Bank, Beane, both of $ew York City, at a price of 102.78, a net interest Chicago; Iowa-Des Moines Na¬ ing Bond park building trial Dodge, & Palmer Thorndike, Danville, Ky. Sale—The $300,000 indus¬ Bond O. III. $175,000 (A-O) payable at a terest ler, of Chicago. Inc.,.of Des Moines, as 2V2S. ILLINOIS Storey, Dodge, Oct. 1, 1950. April 1 from 1952 to 1970 Callable on any interest on 1.28%. Stein to inclusive. ity approved by Chapman & Cut¬ on Prin¬ Boston. to 16 Oct. price inclusive. bonds 1 $425,000 water 1388—were p. cipal and interest payable at the First Falls, Idaho system bonds offered 172, Treasurer, Due of $96,000 bonds was awarded on Halsey, Stuart & Co., building Oct. IDAHO in¬ Halsey, Bond Offering—Charles Borough Iowa Sale—An issue Bond a Chase, The bonds are dated com group a Shafto, of Boston/ £ price of 101.929, a Pas & 1%'s, at of about Louisville, as Boycer of & $775,000 bone 172, p. 1482- of Paine, Webber, Jackso & Curtis, of Boston, Blair, Rollir & Co., Inc., New York City, an 334 s and 3V2S. ^r; r Independent School Dist., Audubon Bank & Trust (M-N) payable at the Hart¬ ford National Bank & Trust Co., Hartford. Legality approved by Groton, Conn. Awarded were offered bonds revenue 14 Oct. of as 1, 1964. Principal and inter¬ terest Hartford. building to awarded Lyons Sale—The $220,000 school Bond 19—v. posed Wickliffe), (P. O. Kentucky Ballard County Oct. offered were KENTUCKY Bros. IOWA Concord, Mass. Sale—The Bond Dated Nov. 1, 1950. Due on Nov. bank to from 1951 to 1969 inclusive. Prir be designated by the Fiscal Court cipal and interest payable at tl The bonds are dated Nov. 1, 1950. Inc., Chicago, as 134s, at a price of 100.026, a basis of about 1.748%. prior to the sale.^ Legality ap¬ Second National Bank of Bosto Due on Nov. 1 from 1955 to 1979 Dated Nov. 1, 1950. Due on Nov. 1 proved by Skaggs, Hays & Fahey, inclusive. Bonds maturing in 1965 Legality, approved by Store from 1953 to 1970 inclusive. Legal¬ of Louisville. 'f;;. Trust to Davis, Lee, Howard & Wright, of Ice 31 for the Standard Time) on Oct. purchase approved by Ross, McCord, & Miller, of Indianapolis. ity and 2s. City, jointly, as 134s 1, 1956 callable as of are Principal and inter¬ payable at the Farmers Trust Co., Tipton. Legal¬ (Hawaiian sealed bids until 9 a.jm. sas inclu¬ 0.94 premium of $28. a p. (J-J) Loan & Wm. Chung- — 1481—were awarded to Commerce Trust Co., and Lucas, Eisen & Waeckerle, both of Kan¬ 172, v. of Boston, an Salomon Bros. & Hutzler, at offered Oct. 17— interest, plus ming pool bonds 19;—^ p. ond National Bank $100,000 swim¬ Bond Sale—The Bonds maturing Jan. thereafter est Hawaii Bond Offering—Albert L. Brun- 30 and 1 Jan. on 1953 to 1972 from 1 July and (City and County (P. O. Darien), Conn. ner, 000 p.m. July 1, 1955. CONNECTICUT Oct. semi-annually sive. HAWAII Darien 2 Kan. Liberal, will (CST) on Oct. 31 for the purchase of $200,000 electric utility revenue bonds. Dated July 15, 1950. Due furnished be until bids sealed receive of Kelley, & Troutman Sibley, Longfel¬ Clerk-Treasurer, City low, 1952 from 1 Jan. on Ind. Tipton, Oct. offered notes 1482—were awarded togroup composed of J. P. Morgan < Co., Inc., Bankers Trust Co., Sec 172, KANSAS Offering—Clara Bond 1, July series basis of about 2.89%. a $100,000 of Dated purchase bonds. hospital Dec. 101.39, Revenues, will receive sealed bids until 11 a.m. (EST) on Oct. and Salinas), Calif. Boston, at 0.87% interest. Volume 172 Number 4953 . . The Commercial and Financial Chronicle . (1577) Natick Housing Note Authority, series offered notes awarded were Mass. Sept. 1, 1950. tional Bank of interest, plus Oct. on the to First Boston, callable Bonds ma¬ are of July 1, 1953. Prin¬ cipal and interest (J-J) payable at the Kinde State Bank, Kinde, premium of $3. a July 1 from on turing in 1960 and thereafter 19 Na¬ 0.93% at Due 1951 to 1962 inclusive. Sale—The $515,000 second at as the (A-O) payable at the G. W. Jones Exchange Bank, Marcellus. Legal¬ ity approved by Miller, Canfield, notes dated are or Oct. Mower County Common Sch. Dist.* Due on Feb. 1 from 1952 to 1971 No. 44 (P. O. Route No. 1, inclusive. Principal and interest Austin), Minn. Paddock & Stone, of Detroit. Bond offered awarded to (CST) , Oct. on chase of for $400,000 Dated Nov. I 23 from the school 1, 1950. Due 1951 to 1970 pur- Bond Offering—Percy R. All- $10,000 2y2s. Due mand, Secretary of the Board of and 1953. Education, will receive sealed bids bonds. Nov. on inclusive. until Principal and interest payable at the National Boston. Shawmut Legality Bank approved Storey, Thorndike, Dodge, of Boston. the of Bonds Chairman, bids will the at 11 notes. due South Dated Nov. 6, bids until 11 the A. (EST) a.m. purchase of Boston. Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. Stoughton, Mass. Bond Offering $55,000 2y4s. J. Vanston, Town Treasurer, will re¬ sealed bids, care of the ceive 20,000 iy2s. (EST) school 1, 1950. Due 1951 to and until 11 a.m. Oct. 24 for the purchase on $475,000 1970 interest bonds. on Dated Nov. inclusive. the approved by Palmer & on bonds. Oct. Oct. Dated Bonds Thorndike, 1, 1951 callable are 1, terest (A-O) payable at 1954. 1955 of as Principal and in¬ bank a or tional Legality ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. Jackson County (P. Jackson), Mich. Note Due on Nov. inclusive. 1 from Principal 1951 and to in¬ terest payable at the Merchants National Bank of Boston.t Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. Sale and Leoni O. treatment bonds offered Oct. 17 awarded to the First Boston were Corp., New York City, as 13/4S, at a price of 101.319, a basis of about 1,638%. Board the Moderator of National Sch. Bank Dist. (EST) of District sealed District, Mich. ticipation notes offered v. 172, the 16— 1482—were awarded to p. Security Battle Oct. an¬ National Bank of Oct. bids 1951 to 1966 inclusive. 8 p.m. 1, 1950. Due Dated July 1 on bank trust or the by Marathon company successful and Oregon Sale—An bonds Oct. 5 to S. R. of Detroit, at on Dated' Nov. Feb. Kent, District ceive sealed (EST) on of $40,000 — 1, as until Livingstone & Co., price of 100.103, 2.39%, will 8 re¬ p.m. Oct. 26 for the purchase building bonds. Dated are bank Due 1962 $50,000 special paving bonds offered assessment Oct. Haven, Mich. Sale—The 16—v. awarded 172, S. to 1389—were p. R. Livingstone & Co., of Detroit. and Fractional Bond O. until the inclusive. Porter Sch. Townships Dist. Marcellus), No. 1 Mich. Offering—Elmer A. 8 p.m. 1955. 1951 1951 callable are as (EST) on Nov. from 1951 to 1966 Principal and to after York Gundy & Co., City, jointly, as price of to Inc., posed The bonds and 1953 to 1972 maturing in callable are dated are mature inclusive. 1967 as 1 1, Bonds at Le¬ price a about improvement bonds. Due on 1, clusive. bonds dated are Sept. Dated 1952 callable are & payable at the Wyandotte Savings Legality approved by Mil¬ ler, Canfield, Paddock & Stone, of Detroit. Inc., at a bank or designated by the $4. Township School District Bond Bank of Minneapolis, as 1.40s, at a price of 100.369, a basis of about 1.30%. Offering school 000 1950. Due 1955 bonds. George Soberg, Village Clerk, will receive (CST) on sealed bids until 8 p.m. Oct. on inclusive. street and fire Center O. (P. Minne¬ apolis 12), Minn. Certificate Sale — An issue of Due ment certificates was awarded by Faegre & apolis. Legality approved of Minne¬ Benson, New Bank inclu¬ interest & and in¬ at the Trust Co., Legality approved by Delafield & Wood, of York City. Bond Sale—The bonds 2s, at Oct. of about price of 100.108, a sealed until bids Nov. on will re¬ 1 10 the for a.m. pur¬ chase of $75,000 series No. 6 sew¬ 16—v. age 172, p. 1389—were awarded to the Peoples State Bank of Comfrey, as City Comptroller, water $23,000 offered chell, (CST) a basis disposal system bonds. Dated Nov. 1, 1950. Due 1951 (EST) on Wilkin County Crystal, Minn. Sale prevention 172, The fire bonds offered Oct. 11 — $55,000 1281—were p. Dist. Interest 1 Independent School Breckenridge), (P. O. Minnesota Bond awarded to J. M. Dain & Co., and Piper, Jaffray & Hopwood, both of Min¬ neapolis, jointly, as 2V2S, at a price of 100.554, a basis of about No. Sale—The build¬ $35,000 State $52,000 offered on as 1.90s, at price a 1965 inclusive. Rienzi im¬ of 100.117, est Union Trust Co., Newark. Town bids 23 school for District, Offering—J. Clerk, until of as 1.90s, at a price basis of about 1.87%. of & Legality Hawkins, Delafield Wood, of New York City. by approved Pennsauken Township (P. O. Penn- sauken), N. J. Bond Sale—The Oct. $481,000 bonds 11—v. 172, p. 1281 on —were awarded to a group com¬ of Stroud & Co., Philadel¬ posed phia; MacBride, Miller & Co., and Campbell & Co., both of, New South a Bond ceive Municipal Separate School Bond p. a as 1, 1962. Principal and inter¬ (M-N) payable at the Fidelity Plainfield, N. 2 will p.m. Miss. A. Burnett, receive sealed (CST) on Oct. the purchase bonds. Dated of $20,000 Nov. 1, 1950. of Dated 1 J. Offering—Adam A. Phil¬ Treasurer, will re¬ bids sealed until 8 p.m. Oct. 26 for the purchase $20,000 fire apparatus bonds, (EST) neapolis, jointly, 100.157, Callable Nov. 1.88%. MISSISSIPPI Oct. 1389—were awarded to J. M. Dain & Co., and Piper, Jaffray & Hopwood, both of Min¬ 172, Institution lison-Williams Co., of Minneapolis, Ave., Minneapolis 22), Minn. The will a.m. Oct. 31 for the purchase lips, Borough — 11 City, as 21/2s, at a price of ing bonds offered Oct. 16—v. 172, a basis of about 2.47%. p. 1281—were awarded to the Al¬ ,100.117, Calley (P. O. 3245 Noble Sale until York basis of about provement bonds Treasurer, bids sealed $25,000,000 to Legality approved by Chap¬ & Cutler, of Chicago. man 1.98%. State Jr., Nov. 1 from on inclusive. 1960 to M-N. getts, receive (State of) Jersey Offering—Walter T. Mar- Construction bonds. Dated Nov. 1, 1950. Due on Nov. 1 from 1952 Offering—Joseph J. Mit¬ ceive Comfrey, Minn. New Bond of St. Paul, Minn. on Sept. 17 to Piper, Jaffray & Hopwood, of Minneapolis, as l%s. 17—v. to Vineland. 1, 1 from 1952 to Feb. on inclusive. 1955 Nov. Dated $17,000 street construction equip¬ Bond 1, 1951 Hawkins, department equip¬ certificates. ment 1950. Brooklyn 2 for Oct. from Oct. 30 for the purchase of $45,000 MINNESOTA Golden L. Dated 1 Principal payable (A-O) Tradesmen's Richfield, Minn. Margaret — sealed bids until 8 p.m. (EST) ont Oct. 24 for the purchase of $140,- terest — Hutzler, at Thorn, District Clerk, will receive bonds offered Oct. 18—v. 172, — were awarded to the Certificate Offering Co., Boston, of (P. O. Vineland), N. J. O. 1389 National a Morgan NEW JERSEY Bond Sale—The $250,000 drain¬ Northwestern & to Trust Bank Bros. v. — ,-j Landis p. Bankers Salomon Legality ap¬ & Benson, of County (P. Olivia), Minn. J. P. of National 19 awarded 0.96% interest, plus a premium of payable 1, Bank. composed Co., and Principal and inter¬ Oct. 1482—were p. Second as $2,780,000 fourth offered notes group Bonds maturing 1961, Renville 1950. Principal and interest (M-S) works 172, Nov. 1 from Jan. to 1971 inclusive. age of Housing Authority, Note Sale—The series as inclusive. basis a New Hampshire will receive sealed bids until 8 p.m. (CST) on Oct. 25 for the purchase of $30,000 sewer Offering bonds, divided 98.03, HAMPSHIRE Manchester Clerk, Clerk, assessment of Rapids, Minn. Bond Offering—A. R. Bell, Vil¬ (J-J) bonds 1482— syndicate com¬ p. 1.86%. NEW 1, 1950. 172, York gality approved by Faegre & Ben¬ son, of Minneapolis. Park a New York City, Detmer & Co., Chicago, Andrews & WeJIs, Inc., New York City, Mullaney, Wells & Co., Ketcham & Nongard, both of Chicago, Robert Hawkins & Co., Boston, and Paul Frederick & Co., of New York City, as l3/4s, from of Oct. 1, 1965. $2,250,000 revenue 19—v. & Co., a thereafter and Oct. Eastman, Dillon & Co., City, Drexel & Co., Philadelphia, George B. Gibbons about Oct. Oct. on Dist. of New 1.73%. 1950 Power The — System awarded to were 172, at Public Sale offered New l3/4s, from date of issue. years Bond Blunt basis of a 10 1951 Redeemable (P. O. Columbus), Neb. $450,000 build¬ 13—v. 15 from inclusive. Western 1281—were awarded Ellis & Simmons, of 23/4s, at basis of about a Dec. on NEBRASKA Mankato), 100.15, Due Consumers Minnesota Wood, of Minneapolis, as 1970 Nicolet County Indep. Sch. District No. 60 (P. O. North p. 172, p. 1281—were Piper, Jaffray & Hop- price of 100.135, a 2.73%. designated by the successful bid¬ der. Legality approved by Faegre & Benson, of Minneapolis. Bond Sale—The 16—v. wood, to maturing Ter- sive. Bonds maturing in 1963 and thereafter are callable as of April 1, from Oct. awarded to 1, Principal and in¬ payable at a suitable bank terest est 2.44%. purchase of $177,000 building 1 1 Bonds — Ford Wagar, trust company will receive sealed successful bidder. bids until 8 p.m. (EST) on Oct. 31 proved by Faegre for the purchase fo $50,530.67 spe¬ Minneapolis. Bond City —v. bonds. Dated Aug. 1, 1950. Due on April 1, of that date. Bond Aug. 1 from on Marcellus, Newberg, Volinia, Flow- (P. Oct. Oct. 26 Bond Sale—The $184,500 build¬ ing and equipment bonds offered date. after Jan. Wyandotte, Mich. Aug. 1 from on 1965 to erf ield Oct. that lage South Bond inclusive. Due County School District No. (P. O. Ronan), Mont. offered rill, Secretary of the Board of Education, will receive sealed bids O. after Dated , to 1963 on a follows: $57,000 2V2s. 1950, Maynard Attorney, bids $75,000 awarded was Gregory, 1, 1951. Offering of net interest cost of about a 1951 Dwight Township Fractional School Dist. No. 5 (P. O. Kinde), Mich. Bond issue Lake nated desig¬ bidder. Townships School District No. 6 (P. O. Columbiaville), Mich. tion, will receive sealed bids until notes. ma¬ or trust company desig¬ by the successful bidder. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. a are Legality approved b.y Miller, Canfield, Paddock & Stone, of Detroit. p.m. (EST) on Oct. 24 for the purchase of $175,000 tax anticipa¬ tion on inclusive. ma¬ turing in 1955 and thereafter 8 and due Bonds from Bonds callable as of July 1, 1954. Prin¬ cipal and interest (J-J) payable at Birmingham School District, Mich. Offering—Amos p.m. as of July 1, 1953. Prin¬ cipal and interest (J-J) payable at 9 Oct. 26 for the purchase on 18.000 2y4s. Secretary of the Board of Educa¬ 8 34,817.42 sewer bonds. Due on Sept. 1 from 1951 to 1955 in¬ Board, will until 1951 to 1965 inclusive. Creek, at 2% interest. Note until will turing in 1962 and thereafter of No. $50,000 building bonds. building $300,000 tax The Secretary Education bids O. Chicago, and on Oct. 26 for the purchase $45,000 building bonds. Dated July 1, 1950. Due on July 1 from cial Offering—Virgil A. Clark, receive MICHIGAN Note Sale—The District (EST) The Bond Bond * — of sealed Bond Battle Creek School Due follows: The — Township nated $565,000 sewage School (P. O. R.R. No. 7, Jackson), Mich. a Webster, Mass. Bond Sale—The Offering the receive Bank 1950. 1950. $200,000 tax anticipation notes offered Oct. 18 $15,713.25 water main bonds. Due were awarded to the Jackson on City Sept. 1 from 1951 to 1955 a.m. 1955 Bond of bidder. Jackson, jointly, at 2% interest. of Boston, until (EST) on Oct. 24 for the purchase of $600,000 municipal light plant bonds. Dated Nov. 1, II Township designated by the company Bond Offering—Thomas F. Corr, Jr., City Treasurer, will receive bids, care of the Merchants Na¬ of (P. O. Skadia), Mich. 1963 in¬ to April Bank Taunton, Mass. awarded Co., bonds. * Louis. MONTANA ing bonds offered Oct. Skadia building 1950. Due maturing in thereafter and 25 for the $260,000 April 1 from First Dodge, of Boston. * •■%>'>■ from 1 National Bank of Boston. Legality Storey, from Dec. 1, 1954. on p.m. (EST) purchase of Principal payable at Due 8 trust of 1 Bond Offering—R. K. Curry, Secretary of the Board of Educa¬ tion, will receive sealed bids until successful Nov. Dec. on Community Sch. Dist., Mich. Milk Boston, — callable Homer First National Bank of Boston, 45 St., Due 1951 to 1953 inclusive. clusive. Frederick — & drainage & 23/4s, at as sealed bids until 2 p.m. (CST) on Oct. 26 for the purchase of $15,000 of on J $120,000 school 5 v. 172, Oct. to Ryan, Toledo, as 2s, at a price of 100.13, a basis of Sutherland 1388— p. $50,000 inclusive. Bank 172, awarded, to Barcus, Kindred Co., of Chicago, at a price of 100.02, a net interest cost of about 1.93%, as follows: Oct. on of Principal and interest payable at the First Na¬ tional bonds sewer 16—v. offered were Offering—C. D. Peterson, County Auditor, will receive about 1.98%. & Her- sewerage bonds. Dated Nov. 15, 1950. Due on Nov. 15 from 1951 1967 Oct. Sale—The 1281—were p. were Sewerage District (P. O. Salem), Mass. for to bonds $75,000 series 2, assessment offered 1950 shenson, Treasurer of the Sewer¬ age Board, will receive sealed 24 Bond Sale—The Essex Offering—Elihu Bond Charles Bond of Alpine and Walker Townships Frac. Sch. Dist. No. 9 (P. O. Comstock Park), Mich. McPherson Hazel Park, Mich. special July 1 from on Plainfield, interest and the Due 16 Murray County (P. Slayton), Minn. 1961 July 1 from on inclusive. 1962 to 1968 inclusive. June Bank, Howell. Legality ap¬ by Berry, Stevens, Barbier & Evely, of Detroit. July 31, 1951. on Bond , and of a.m. series and 1968 as proved (EST) on Oct. 26 for purchase of $2,116,000 fifth the Principal payable at State Housing Board, Boston, untill in callable are the of 1961 95,000 13/4s. State receive office 1953. (J-D) Offering—Charles G. Mar- tignette, maturing therefater 1, sealed 1954 to June 1 from 1951 to 1960 inclusive. Somerville Housing Authority, Massachusetts Note (EST) on Nov. 2 for of $120,000 school Aug. 1, 1950, Due on purchase bonds. Dated by & Palmer 70,000 iy2s. Due 8 p.m. July 1, 1952 on Oct. Security Bank of Legality approved by Trauernicht, of St. Corinth. Piper, Jaffray & Hop- of Minneapolis, price of par. a payable at the $9,000 building wood, . '' Sale—The bonds Marshall, Mich. Manufacturers National Bond Sale—The $175,000 first 26, 1950 and mature on July 31, 1951. Bank of Detroit. Legality approved mortgage electric power system b.y Miller, Canfield, Paddock & revenue bonds offered Oct. 16— Saugus, Mass. Stone, of Detroit. v. 172, p. 1388—were awarded to Bond Offering — Harold E. Halsey, Stuart & Co., Inc., Chicago, Dodge, Town Treasurer, will re¬ Hartland Consolidated Sch. Dist., at a price of 100.012, a net interest ceive Michigan cost of about 1.686%, as follows: sealed bids until 8 p.m. The 49 on Nov. from 1, 1951 1950. Due on Nov. 1960 inclusive. to Principal and interest (M-N) pay¬ able at the First National Bank of South proved Plainfield. by Legality Caldwell, ap¬ Marshall, Chronicle The Commercial and Financial 50 . . Monday, October 23, 1950 . (1578) purchase of $990,000 build¬ bonds. Dated Sept. 1, 1950. Due on Dec. 1 from 1950 to 1979 inclusive. Principal and interest for the of New York Trimble & Mitchell, ing City. South N. River, J. Sale—Henry O. Schlegel, Bond receive will Treasurer, Borough Manufac¬ the at payable (J-D) Traders National Bank, turers and (EST) on Oct. 23 for the purchase of $164,000 bonds, divided as follows: branch. Legality ap¬ proved by Reed, Hoyt & Wash¬ burn, of New York City. electric revenue Hempstead Union Free Sch. Dist. No. 1 (P. O. Hempstead), N. Y. bids until 8 p.m. sealed $78,000 series A Due bonds. 1951 • revenue Nov. 1 from on bonds. Due on from 1952 to 1954 incl. 1 Nov. 25,000 series A sewer bonds. Due on Nov. 1 from 1951 to 1961 f inclusive. 6,000 series B sewer bonds. Due on Nov. 1 from 1951 to 1956 inclusive. ment from Due bonds. ment District Due 1960 inclusive. bonds dated are 1, Nov. Principal and interest (M-N) 1950. payable at the First National Bank of South River. Legality approved Trimble Marshall, Caldwell, by Mitchell, of New York City. & Arietta Common School Dist. No. (P. Offering Elizabeth — (EST) on Oct. 24 for the purchase $150,000 building bonds of 1950. Dated Aug. 1, 1950, Due on of 1 from 1951 to 1969 inclu¬ Principal and interest (F-A) sive. District No. Oct. 24 for the Dated May 1950. of bonds water Due on May 15 from to 1970 inclusive. Principal interest (M-N) payable at the 1950. 15, 1951 Bank, Hunt¬ Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. Station Huntington — N. Park, Island 6 (P. O. Amityville), N. Y. Bond Sale The $143,000 play¬ of year Due C-1950 bonds. from 1952 to 1 on will issue of Proceeds inclusive. 1976 the be for used capital purposes, new including $1,325,000 for com¬ pletion of the County War Memorial Building. The bonds Oct. dated are 1950. Principal and Nov. 1, posit Co., Syracuse, at holder's or option, at the Chemical Bank & Trust Co., New York City. Legal¬ ity approved by Vandewater, Sykes, Heckler New York school bonds of 1950. on Dec. 1 from 1951 inclusive. 1964 to interest and Dated Bath National Bank, of Bath. Le-> gality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. Sale—The $300,000 school Bond 172, p. 1482—were awarded to Roosevelt bonds & Bolton Bolton Bond bonds (P. O. Sale—The offered $28,000 Oct. 11—-v. 1.30s, at awarded price a basis of about of 100.057, a 1.28%. Chesterfield and Offering President cott, Amherst Central Sch. Dist. No. (P. O. Clarence), N. until 3 the awarded 25 Offering—R. until for the school 3 J. bonds of 1, 1950. Due to 1979 on inclusive. interest (J-D) Marine Midland York Oct. 1 from 1951 Principal payable Trust City. Legality Vandewater, Dated June 1950. Dec. at Co., New by Heckler & Concord, Sardinia, Collins, Ashford, Yorkshire and East Otto Central Dist. No. Springville), Bond Offering District Clerk, 1 N. — (P. O. Y. Edna on (P. Morris), N. $12,500 for 100.282, a bond 172, notes p. offered awarded to the Marine Trust Co., of a Buffalo, at 0.89% interest, plus the Oct. North Merrick Fire Town District District (P. O. of Hemp¬ Y. Dist. No. (P. Narrowsburg), O. New York Oct. offered bonds school 17—v. 172, 1483—were awarded to Roose¬ velt & Cross, of New York City, p. Trust ers of Trad¬ the Manufacturers and and Y. price of 100.31, a basis a 1.77%. awarded Sale—The Bond C school 17—v. Oct. awarded tax Due 400,000 series Feb. Phelps, of Inc., jointly, 1483—were Securities Due March 1 from on IV2S. Due 1 '14s, 180,000 1 on March 1978 inclusive. Due 1970 to from Offering Bond notes. 26, 1950. (State of) Brandon — P. school building and $7,development obliga¬ port on 1483—were Bankers City, as basis Trust of about Co., 172, 18—v. awarded IV4S, at supply water Oct. the to York New price of 100.069, a White & Sale—The Co., of Cincinnati. are dated April and to mature Cain, $140,000 until special 1952 to street bonds. Dated Nov. on Nov. 16 from fire Principal by A sewer will receive were awarded & land Sale—The Sanders fice. Dated 1 and bonds. Legality approved Peck, by Shaffer & Williams, of Cincinnati. Loveland Local Sch. Sale—The Bond Ohio District, $30,000 build¬ ing bonds offered Oct. 13—v. 172, awarded to the Savings Bank & Trust 1483—were j Cincinnati, as 2V2S, at a price of 101.67, a basis of about of Madison I Township Local Sch. Dist» (P. O. Trotwood), Ohio Bond Offering Ralph Hunn* — Board of the Clerk of ; Education, < will receive sealed bids until noon j (EST) Nov. 1 for the purchase on Nov. 1, to Dated building bonds. $80,000 ; 1950. Due on Oct. 1 from Interest j Legality approved by Squire, Sanders & Dempsey, of Cleveland. j inclusive. 1974 A-O. Mount Sale—The bonds offered Stuart about Oct. Co. & revenue 17—v. 172, p. Halsey, Chicago, and Inc., to Asbeck Co., of t price of ; cost of & jointly, at a net interest 1.792%, water $765,000 mortgage awarded 1390—were ! Vernon, Ohio first follows: as Due on Oct. 1 from j inclusive. 1976 to New Bond Sale Ohio Miami, — ' The $56,500 water bonds assessment j offered i 172, p. 1183 — were awarded to Ryan, Sutherland & ' Co., of Toledo, as 2V2S, at a price 1 of 100.904, a basis of about 2.41%. V Sept. 27 — v. Northridge Local School District (P. O. Dayton), Ohio Bond the of (EST) ; i Offering—E. F. Coy, Clerk i of Board on will j Education, bids sealed receive until noon. Oct. 31 for the purchase $410,000 building bonds. Dated 1 Nov. 1, 1950. Due on Oct. 1 from 1952 to 1975 inclusive. Interest of & 13—v. awarded to 172, Rocky Bond sealed series bonds p. Ryan, & Co., of Toledc, as of¬ 1282— Suther¬ 2V2S, at Nov. 000 2 River, Ohio Offering—Granville City Cook, $50,000 construction Oct. $300,006 Dec. 1 from 1952 to 1966 inclusive. Legality office. Squire, Euclid, Ohio Bond were 1482— Roosevelt hospital Oct. 26 on of (M-N) payable at the Treasurer's approved noon inclusive. 1961 and interest City Agnes Brown assessment Due 1950. fered to from Interest will receive (EST) on 25 for the purchase of $28,bids improvement Oct. p. purchase Principal and interest (J-D) pay¬ able at the County Treasurer's of¬ Clerk, City sealed 16, — County Sept. 1, 1950. Due on June works 1, Columbus, Ohio Offering (P. O. Roose¬ 172, 1 Oct. on inclusive. 1960 (EST) noon the county A. A-O. fered 18—v. J. to bonds 1950 velt), Town of Hempstead), N. Y. Bond bids until for offered bonds awarded were Wilson, Commissioners, will receive sealed 1961 18 B. of Board pav¬ Dempsey, of Cleveland. 1.239%, Dist. the 597,000 l%s. Due on Oct. 1 from j $11,380.36 construction Sept. 20.) on 1952 to 1960 inclusive. Ohio Ashland, Sale—The of were (P. O. Kenton), O, Offering—W. of $168,000 2V4S. Bond incl. approved bonds (These originally offered Bond Due 1965 to Legality Hardin County Clerk 1950. 1, 1951 Shaffer & Williams, Cincinnati. 1 pur¬ improvement Aug. J-D. Peck, by until bids $25,000 from 1 Interest OHIO 479.47 $300,000 public and bonds offered Dated Dec. works tions. Oct. Rome, N. Y. Sale—The bonds. on Petri* of Education, Oct. 26 for the on of Cleveland, 100.007, a Bond Oct. (EST) $32,500,000 bonds, including $25,- notes. Due May 15, 1951. dated p.m. chase Olderman, 1951 15, 1951. are sealed 15 for the purchase of about Nov. 25,000 capital playground shelter notes Board 1 Hodges, State Treasurer, is sched¬ uled to receive sealed bids on or The 25,000 capital street improvement notes. Due May 15, 1951. The of the receive Bond Carolina North Oct. notes. anticipation Bond Offering—Martin C. Clerk 1952 March on 1957 to 1969 inclusive. from (P. O. 5, Hamilton), Ohio will of 1956 inclusive. 1951 to 246,000 City, York New follows: as $74,000 4s. 13, 1951. bond R. R. offered Corp. of Durham, and Byrne and ing anticipation Due March a p. First Sch. Dist. Hanover Local 2.32%. bonds 172, the to O. Concqrd), $500,000 building to Sale consisted of: In¬ Legality approved by cinnati. Co., Carolina North City Bank of New York, at 0.92% interest, plus a premium of $17. p. CAROLINA National $650,000 inclusive. 1971 to J-D. Peck, Shaffer & Williams, of Cin¬ p. Cabarrus County (P. 500,000 $1,100,000 notes were 1952 from Co., Buffalo, jointly, as about building and equipment bonds of¬ Secretary, 1 Sale—The $257,000 Bond Rebers, N. Kinder- of Legality approved by Wil¬ J. Connor, of Hudson. Offering—Henry stead, Bond 19 Roosevelt Fire premium of $58. Pough- a N. improvement 1483—were the price of basis of about 1.719%. at Sale—The offered Y. $3,390,000 water anticipation 17—v." Oct. Bank E. 000,000 build¬ Niagara Falls, N. Y. 172, to of Bank Rochester, Note Bond Note Sale—The 17—v. awarded 13/4S, as at a price of bidder, as 2s, Wulff, Oct. 30 O. hook. of 1 Nov. on Oct. National keepsie, par. Merrick), will receive sealed bids until 3 p.m. (EST) only the Galloway, of New York City. School First Middletown, as 1.20s, 100.31, a basis of ing bonds offered Oct. 13—v. 172, p. 1389—were awarded to the First National Bank of Morris, the and approved Sykes, on p. 1482—were Orange County 172, the Sale—The Bond Kinney, on a Morris purchase of $1,700,000 offered 1389—were p. price of about 1.10%. Y. (EST) p.m. to 1) Union tional liam interest (annually payable at the Na¬ and March inclusive. 1960 to NORTH Board , ing addition bonds. Dated Nov. 1,; 1950. Due on June 1 and Dec. 1 Provident Romeyn Pres- — of (EST) p.m. bonds 1 District Clerk, will receive sealed bids 18—v. Oct. offered bonds improvement Principal Education, will receive sealed bids Sale—The $190,000 public Bond Trust Co., of Clarence, Lancaster, Newstead and N. Y. Middletown, at Bond jointly, as price of 100.44, a basis of Buffalo, 1.71%. of about water 172, to the First National Bank of Glens Falls, as 17—v. Landing), N. Y. 1389—were p. a 1951 from 1 011 bonds. March equipment fighting Dated Oct. 23, 1950. Due on Keeseville), N. Y. Cross, of New York City, and Manufacturers and Traders Co., (EST) purchase of $11,000 Oct. 23 for the Central Sch. Dist. No. 1 (P.O. the Trust Water Dist. Oct. offered l%s, at Bolton, Dist. Sch. (P.O. Gloversville), N. Y. No. 1 Principal (J-D) payable at the Central Johnstown and sealed bids until 3. p.m. 1.80s, at Ausable Peru, of Galloway, & City. 19 were awarded to Chas. E. Weibonds offered Oct. 19—v. the purchase of $110,000 building 172, p. 1482—were awarded to the gold & Co., New York City, as bonds. Dated Nov. 1, 1950. Due on Bank of Babylon, and the Babylon 2V4S, at a price of 100.18, a basis Nov. 1 from 1951 to 1964 inclusive. National Bank & Trust Co., joint¬ of about 2.216%. Principal and interest (M-N) pay¬ The bonds are dated Oct. 1, able at the Keeseville National ly, as 1.40s, at a price of 100.143, a basis of about 1.37%. 1950. Due on Oct. 1 from 1951 to Bank, of Keeseville. Legality ap¬ 1964 inclusive. Principal and in¬ proved by Reed, Hoyt & Wash¬ Bath, Bradford, Campbell and terest (A-O) payable at the burn, of New York City. Thurston Central Sch. Dist. United States Trust Co., New Pine Plains, Milan, Stanford, North¬ No. 1 (P. O. Savona), N. Y. York City. Legality approved by east, Gallatin, Ancram, Livingston Bond Offering—Leon McLoughVandewater, Sykes, Heckler & and Clermont Central Sch. District lin, District Clerk, will receive Galloway, of New York City. No. 1 (P. O. Pine Plains), N. Y. sealed bids until 3 p.m. (EST) on Bond Sale—The $130,000 school Oct. 26 for the purchase of $155,- Mayfield, Broadalbin, Northampton Sept. 1, 1950. Due Treasurer of the Board of Fire Commissioners, will receive interest (M-N) ground 000 S. Al¬ Offering—Stanton Bond len, payable at the First Trust & De¬ Bond offered bonds improvement Stuyvesant Falls Fire Dist. (P. O. Stuyvesant), N. Y. on various Y. Sale—The $31,000 general Bond Co., both of New York City, jointly, as 1.70s, at a price of 100.42, a basis of about 1.662%. fire series May 2,251,000 172, 17—v. Mary Louise —- Clerk of the Board of Education, will receive sealed bids until noon (EST) on Nov. 4 / for the purchase of $120,000 build-, ton & fiscal the County. Bay Union and Oyster fiscal calendar first Oct. offered 1483—were awarded to Byrne and Phelps, Inc., and W. H. Mor¬ Offering Bond Elliott, p. Tusten and Cochecton Central Sch. ington Station. School of ending the non-calendar Jan. 1, 1951, the beginning of the • (EST) on purchase of $86,000 by Vandewater, Sykes, Heckler & Galloway, of N. Y. City. Free de¬ from period of the County and year Huntington sealed bids until 11 a.m. and approved other and 1950, last to balance the the for 31, the pro¬ will use for acquisition pay and claims Oct. (P. O. Hunting¬ Supervisor, will receive der, Town at the Hamilton County National Bank, Wells. Legality payable Babylon $275,000 to mands the Of (P. O. Batavia), Ohio District terest Sale—The $330,000 school bonds to County the land 1951 from 1 inclusive. 1972 ceeds, meet Offering—Walter Fasben- Bond George B. Gibbons & Co., Inc., Chas. E. Weigold & Co., all of New York, and Sage, Rutty & Co., of Rochester, as 2s, at a price of 100.92, a basis of about 1.929%. (P. O. Port Chester), N. Y. bonds. B-1950 series May on School Glen Este-Mt. Carmel Local Rye Common School District No. 5 ton), N. Y. C. Christie, District Clerk, will re¬ ceive sealed bids until 3 p.m. Aug. Due Washburn, of New Water District J. Harry — $1,475,000 build¬ Inc., Bond $2,942,000 Y. South Huntington, Y. Lake Pleasant), N. O. Bond 1 O. were Hayden, Miller & Co., of Cleveland, as l%s, at a price of 100.424, a basis of about 1.64%. 1483—were awarded to a group composed of Halsey, Stuart & Co. follows: York City. YORK NEW Offering acquisition land $25,000 awarded to p. (EST) on Oct. 25 for the purchase of $5,193,000 bonds, divided as payable at the Bank of Legality approved by (M-N) Bond Sale—The Managh, County Auditor, will re¬ ceive sealed bids until 11 a.m. Malverne. Reed, Hoyt & County (P. Pittsford Henrietta, ing bonds offered Oct. 17—v. 172, Syracuse), N. Y. Bond of receive sealed bids until 3:30 p.m. (EST) on Oct. 30 for the purchase of $976,500 school bonds. Dated Nov. 1, 1950. Due on Nov. 1 from 1951 to 1980 inclusive. Principal and interest Na¬ Bank of Freeport. Onondaga Offering—Jean Heginger, Bond Brook Meadow the at about price of 101.07, a basis of 2.42%. bonds offered the same day and Brighton Central Sch. Dist. No. 1 (P. O. Henrietta), N. Y. Rush, Legality approved by Reed, Hoyt & Wash¬ burn, of New York City. District Clerk, will 1 Nov. on able tional O. (P. 12 No. Malverne), N. improve¬ street bonds. from 1951 to The 1 Nov. on 1951 a The 1.78%. about Principal and interest (M-N) pay¬ School Free Union Hempstead 1951 to 1960 inclusive. series B 24,000 improve¬ street series A 16,000 Nov. from 1 receive (EST) on Oct. 26 for the purchase of $435,000 school bonds of 1950. Dated Nov. 1, 1950. Due on Nov. 1 from 1951 to 1965 inclusive. Principal and interest (M-N) pay¬ able at the Second National Bank & Trust Co., Hempstead. Legality approved by Hawkins, Delafield & Wood, of New York City. 1956 inclusive. to Dated Cross, of New York City, as 1.80s, at a price of 100.08, a basis of (EST) of a.m. purchase apparatus bonds. 1950. Due on Nov. to 1955 inclusive. fire 1, $25,000 11 the for 26 E. Margaret — Doty, District Clerk, will sealed bids until 3:30 p.m. assessment 9,000 Offering Bond electric B Due bonds. 1951 inclusive. 1961 to series 6,000 from 1 Nov. on Springville Oct. on until bids sealed bids for Auditor until the will noon (EST) on purchase of $75,- j ^ garbage disposal plant bonds. Dated Oct. 1, 1950. Due on Oct. 1 from 1952 to 1961 inclusive. I est M. receive A-O. Inter- . Volume 172 Number 4953 The Commercial and Financial Chronicle ... (1579) South Euclid-Lyndhurst City School District (P. O. Cleveland), Ohio Sale Bond The $1,100,000 — chase of $3,000,000 building bonds. Dated Dec. 1, 1950. Due on Dec. 1 from 1953 1970 to inclusive. building and equipment bonds of¬ Washita County Indep. Sch. Dist. Oct. 18—v. 172, p. 1282— No. 7 (P. O. Cord ell), Okla. were awarded to a syndicate com¬ posed of Fahey, Clark & Co., First Bond Offering — Clay Melvin, Cleveland Corp., both of Cleve¬ Clerk of the Board of Education, land, Doll & Isphording, Inc., Pohl will receive sealed bids until Co., Provident Savings Bank & 8 p.m. (CST) on Oct. 24 for the Trust Co., Weil, Roth & Irving Co., purchase of $32,000 school house and Giiither & Co., all of Cincin bonds. Due from 1953 to 1963 in¬ nati, as 23/4s, at a price of 101.942, clusive. the initial call price being 105. Legality approved by Saul, Ewing, Remick & Saul, of Philadelphia. ' OREGON ;Toledo, Ohio Bond Offering Klein, Auditor, will receive sealed City —Rudy bids until noon (EST) on Nov. 7 fpr the purchase of $208,000 sewer improvement bonds. Dated Nov. 1, 1950. Due 1955 inclusive. terest Nov. on 1 1952 to from Principal payable (M-N) and in¬ at the Chemical Bank & Trust Co., York City, Trust Co., Ornish New# Citizens" at the Ohio or Toledo. Purchaser to legal opinion. <wins burg Bond Sale—The £vt' 172, Dufur, Ore. Bond and, bonds im- .$240,000 offered Oct. 16 at price of a 100.18, (PST) on Due ashington Township Sch. Local (P. O. Centerville), Ohio Bond Offering Gilbert — , B. Buriff, Clerk of the Board of ducation, will receive sealed bids ntil (EST) on Oct. 25. for he purchase of $228,000 building noon ddition bonds. Due 950. 1974 o Dated Oct. on by Nov. Squire, Sanders Offering—E. of the nds. of of & Education, to 1970 10 for 1950. Due 1955 1952 1971 to in- lusive. Principal and interest J-D) payable at the Bellefonaine National Bank, Bellefonaine. Legality approved byt Peck, haffer & will 8 p.m. receive (PST) on Nov. on inclusive. 1 from 1951 to Principal and in¬ terest (M-N) payable at the County Treasurer's office or at •the State's York fiscal in New agency Williams, of Cincinnati. addo Independent School District No. 86 (P. O. bonds Bank of ional Oct. offered Offering—The City Clerk receive sealed (PST) p.m. purchase bids Oct. on of until for 30 $200,000 County Sch. (P. Bond O. sealed (PST) on of 1, 1956 Clerk, bids 2 W. re¬ 1967 Muskogee, Okla. to Jan. on 1 from inclusive. States fiscal in agency New City. Legality approved by Winfree, McCulloch, Shuler & Sayre, of Portland. Washington and Yamhill Counties Sch. Dist. bonds offered ional The $170,000 bonds 16—v. 172, p. 1483— Oct. No. 11-55 Sale—The Bond , Sale—The awarded to the Citizens Na- Bank of Muskogee. 1950. (P. O. Oct. Bank bonds Due 1960 of sealed until 8 p.m. Oct. 26 for the purchase on Dated 1 bids $115,000 refunding, funding judgment funding bonds. -and Nov. from 1, 1950. Due 1951 to Offering—The City Clerk (CST) .m. Oct. 25 for the pur- on $245,000 bonds, divided as of school 16—v. Townsend, Elliott Philadelphia. & Munson, 180,000 electric distribution 1963 Due from to 172, the City Clerk, These 1, bids until will receive 1951 to 10:30 1962 a.m. (EST) on inclusive. of Okla. sealed on Oct. 1 Oct. Bonds maturing in are callable from bids until sanitary 1953 to 4 pur- sewer 1966 in- lusive. Easton No. County' Indep. Sch. Dist. (P. O. Tulsa), Okla. .. Bond Offering—Zelma lerk ill .m. of the receive (CST) Board of sealed bids on issue mortgage Fleming, Education, until 11 Oct. 24 for the pur¬ as $63,000 23/4s. Due to 3s. 1961 to 1960 of Pa. $390,bonds revenue Due 1968 follows: 1 from Nov. on inclusive. on Nov. on. 1 from bonds are dated cate Commissioners, sealed bids 10 $75,000 1 Nov. Oct. 1 on 1951 43,000 21/4% bonds. Due from Oct. 1 on 1967 to 1970 inclusive. The bonds those and from 1952 are dated Oct. maturing are 1,1950, 1962 and in callable 1962 of Oct. 1, as of bids South Bond (State Offering-*—Jeff State Treasurer, ville; 31 the for Bates, receive (EST) on $5,- a.m. purchase of highway Nov. to bonds. 1; 1950. Due 1954 1965 B. Dated Nov. 1 from on inclusive. Principal interest payable at the State Georgia p.m. $24,000 funding and refunding The Jefferson Bond Sale—The provement to the New bonds p". 172, —v. offered 1390—were Union Brighton, of 100.15 $75,000 burn, of New Sinkler, York Gibbs & City, and Simons, of Charleston. Bank l%s, at as 11 a of price basis of about 1.73%. a bonds Bond Sale—The following school building bonds aggregating $1,400,000 were purchased by John¬ son & Johnson, of Pittsburgh: from 1951 to 1959 to 1966 to on 1981 to on offered County Oct. 1 Oct. 1 National by & Burgwin, Hazlett, of on a bid reflecting net interest cost of about 2.54%. City Clerk, bids until wHl 11 Reusch & a to Fox, Cincinnati, as 26 general Nov. 8 172, bonds. 1953 as District, Pa. Nov. 1, 1950 and the callable from Jan. 1, 1954 to 1959 at various premiums, Nov. on 1966 Clear 4s, at a callable are of Nov. 1 as 80,000 water works imprdveme bonds. Due 1969 inclusive.* Bon callable Holden, Oct. $45,000 bonds. Dated obligation 1951 to on 1959 inclusive. Callable of Nov. Nov. on frc 1 The terest (M-N) payable at designated by the City. a bonds dated are Principal (M-N) payable 000 27 Co., New York Ci Legality approved by Chapman Cutler, of Chicago. Newport, Bond Offering Town R. (CST) on $60,- for the purchase of bonds, divided follows: as Tenn. sewer 1 from bonds. Due 1953 to on Recorder, Jan. 1 bonds. sewer Due Nov. on inclusive. will 1953 to are bonds Bonds callable J-J. dated maturing as 1 of Jan. 1 1951 M-N. to 196 Legalit. Jan. Rogersville, Tenn. Bond Offering—C. 1970 Nov. after from c $25,0T 19~r 1, Chapman & Cutler Worley Rich¬ Recorder, will r< ardson, Town are (EST) Nov. Chicago. 1970 inclusive. from Dated Gilc receiv p.m. Interest approved by 20,000 fire prevention bonds. Due on Wade — Nov. 3 for the purchase of of ^ $40,000 Chemh: as Cozad, City Auditor, will receive Oct. inter. the at sealed bids until 7 sealed bids until 8 p.m. Nov. and Bank & Trust place Martin, S. Dak. Offering — Fredric a of Nov. 1, 1960. as 1950. 1, 1951. Principal and in¬ Bond 1, 1961 1961. In¬ Legality approved by Faegre & Benson, of Minneapolis. sealed (EST) on of bids until 2 p.i Nov. 6 for the purchar $75,000 water works bonds Dated 1950. Oct. 1950. 1, Due Oct. 1 from 1952 to 1969 inclusive. Bonds maturing in 1963 and ther after Sale—The $35,000 general obligation —v. Dak. 172, bonds p. offered 1484—were 1962. are callable as of Oct. Principal and interest (A-" Oct. 16 awarded payable at the Citizens-Unic ing bonds offered Oct. 17—v. 172, p. 1390—were awarded to Fox, Reusch & Co., of Cincinnati, as 33/4S, at a price of 100.113. to the Farmers & Merchants Bank Bank of of Platte, the only bidder, 2V2s, at a price of par. proved by Chapman & Cutler, Tredyffrin Township School Dist. (P. O. Berwyn), Pa. TENNESSEE Bond ing as Rogersville. Legality a ( Chicago. County (P. O. Gallatir Tennessee Crockett Sale—The $350,000 build¬ and improvement bonds of¬ fered Oct. 17—v. 172, p. 1390— 1 inclusive. 1953 to (CST) purchase of Platte, S. Bond Sale—The $44,000 refund¬ Due to Bonds due in 1964 and there¬ after of 1, 1950. Due on Nov. 1 from Bond School sealc (CST) on No purchase of $180,0C bonds, divided as follows: I960. Bank p.m. the for Co., of price of 100.04. Olyphant E. Hickman receive a.m. the for p. Offering—Terry until bids terest 33/4s, at . Lawrenceburg, Tenn. Bond Offering—P. the Deuel inclusive. awarded 4 syndi¬ Cincinnati, sewer 16—v. City Auditor, will receive sealed Bond Sale—The $25,000 refund¬ ing bonds offered Oct. 17—v. 172, 1391—were 172, a due in 1966 and thereafter 1950. p. to of Nashville; C. H. Little < Co., of Jackson; Provident Saving Bank & Trust Co., and Walte. Woody & Heimerdinger, both c Lake Andes, S. Dak. Bond Oct. 1 1985 inclusive. approved 11—v. both from $7,000 Oct. Lake, the only bidder, price of par. Co., Pittsburgh. Legality $440,000 schoo' Oct. awarded $100,000 park and street improve¬ 1980 inclusive. 250,000 3y4% bonds. Due from on 1965 inclusive. 650,000 3% bonds. Due from Oct. 1 1958 inclusive. 270,000 2 %% bonds. Due Dan- composed of Davidson & Co S. Dak. Sale—The 1484—were awarded to Versailles T wp. Authority (P. O. East McKeesport), Pa. on offered ment Bond North $230,000 2%% bonds. Due County (P. O. dridge), Tenn. Knoxville; Cumberland Securi¬ ties Corp., and W. N. Estes & Co. 6 Clear Lake, im¬ awarded National offering of approved by Reed, Hoyt & Wash¬ Pa. Oct. the Milwaukee Bond Sale—The or at any agency of the State in New York City. Legality SOUTH DAKOTA Brighton School District, in Treasury, bonds. New July 1 from. on inclusive. Company: Co., Inc.; H. V Sattley & Co., Inc.; Davidson & Co., Inc.; Temple Securities Co.; Inc., and Hermitage Securities Co., Inc. cate of) will 000,000 Nov. 3 for the purchase on Carolina incl. 8 Due 1970 1184—were 1960 until inclusive. Third National Bank of Nash bonds Simons, of Charleston. Oct. (P. O. Scranton), Pa. sealed & sealed bids until 11 Offering—James J. Robling, Borough Secretary, will re¬ ceive Com¬ M. A. Saunders & Co., New York City, or at Exchange Bank, Kingstree. Legality approved by Sinkler, and Moosic p. syndi¬ July 1 from on 1961 to of pany payable at the Chemical Bank & Due to 172, a Trust 1961. Principal and interest (A-O) re¬ Legality approved by Saul, Ewing, Remick & Saul, of Philadelphia. to The Due to 615,000 2V4S. are: from 1953 to 1966 inclusive. obligation 1, 17—v. Associated with The Trust Com¬ Due 1950. general Dated by $635,000 2s. C. follows: as $92,000 2% bonds. a.m. Oct. 30 for the purchase on Nov. will until $1,250,000 schoo' Oct. awarded headed Sumner Nov. 1 from 1969 to 1990 inclusive. The S. inclusive. 266,000 3%s. Due offered 1080—were of Georgia, of Atlanta, at i price of 100.009, a net interest cos. of about 2.17%, as follows: CAROLINA Kingstree, The on Oct. 17 to Blair, Co., Inc., Aspden, Robin¬ son & Co., and M. M. Freeman & Co., all of Philadelphia, jointly, at a price of par, a net interest cost 3.09%, Bond Sale—The bonds ceive awarded of about by Chapman & Cutler, Chicago. Bond Sale—The Robinson-Hum¬ Gibbs County callable are pany SOUTH Bond Offering—Paul D. Bailey, Chief Clerk of the Board of Churchill, Ruffin Pittsburgh. Authority, Sale—An 1952 1 unsuccessfully April 17. Housing Bond 61,000 Tulsa basis of about 1.30%. Lycoming County Institution Dist. (P. O. Williamsport), Pa. ceive maturing in thereafter the 1960. were and of Gibson County (P. O. Trenton), Tennessee im¬ Co., Easton, price of 100.38, a a Dated May 1, May 1 from 1951 to Pa. $80,000 Trust at bonds. on -approved Trust 1955 to from 1, Rollins & Oct. 23 for the $55,000 Due onds. on 000 first Offering—The Town Clerk (CST) District, The — Due inclusive. Bonds May 1, 1956. Principal and (M-N) payable at the County Trustee's office. Legality 1484—were awarded to Legality thereafter approved by Townsend, Elliott & Munson, of Philadelphia. from dated school interest of School p. 13/8s, as sealed PENNSYLVANIA was .m. a Easton Olyphant, Pa. Texhoma, ■hase bonds inclusive. receive awarded Co., of Easton, price of 100.63, a basis Sale 172, v. vided Taylor, Principal and The bonds are dated Oct. 1, (A-O) payable at the 1950, and those maturing in 1956 Treasurer's office, or at and thereafter are callable as of the State's fiscal agency in New Oct. 1, 1955. Principal and inter¬ York City. Legality approved by est (A-O) payable at the Com¬ John W. Shuler, of Portland. monwealth Trust to from 1954 to 1960 inclusive. ill 17 1.79%. Wilson Bond of Oct. 31 for the purchase of $300,000 improvement bonds. Dated Nov. 15, 1960. Due on Nov. 15 from p. First sys¬ 1954 65,000 water works extension and improvement bonds. Due Bond Oct. a.m. (CST) on purchase of $100,- 17 for the 1957 as phrey Co., of Atlanta, purchased $135,000 water works bonds, di¬ Lancaster, Pa. Offering—H. J. Bond Portland. are on Oct. offered ollows: tem bonds. im¬ 1969 inclusive. In¬ County receive sealed bids until 7:30 hase of offered 1484—were p. l%s, at as Nov. on interest Bond $30,000 to the Easton Trust terest M-N. Legality approved by thereafter and of $80,000 awarded 1965 inclusive. as Pryor Creek, Okla. ill The the Dated Principal and interest (J-J) payable at the County Treasurer's office or at National ere 172, —v. — bonds provement p.m. bonds. 000 provement bonds offered Oct. 18— (EST) will until school 1951. Due to 5 Oct. 23 for the purchase $48,000 Jan. No. Frances — District ceive Dist. Union), Ore. Offering Terrall, 1390—were ffered (P. O. Easton), Pa. Sale of about Bond Union Nov. 1959 Township Sch. Dist. (P. O. Pittston), Pa. Bond Offering — Albert Smelster, District Secretary, will airport Gaston), Ore. 1953 inclusive. Bond Bond Jenkins bonds. Binger. The bonds mature from 960 of 100.247. on Bond will awarded to the First Na- were were — to Fauset, Steele & Co., Pittsburgh, as lVzs, at a price of bonds. Ore. Gracemont), Okla. Bond Sale—The $9,000 building 8 1283 p. $50,000 offered awarded of the furniture 172, v. — bonds York OKLAHOMA nd Oct. 19 (EST) City. Roseburg, the $27,000 improvement Aug. 15, 1950. Due from 15 Clerk, Oct. 23 for the purchase of $7,500 school warrants. Dated Nov. 1, until Dated Dec. 1951 Lundy, bids Nov. on obligation Principal District 7:30 J. sealed (EST) urchase n Board receive oon from 1 1, 1950. Warrant Offering—Rosetta Mil¬ ler, ap- anesfield Local Sch. District, Ohio ill Nov. Harney County Sch. Dist. No. 5 (P. O. Drewsey), Ore. the lerk p.m. and interest (M-N) payable at the City Treas¬ urer's office. Legality approved by Winfree, McCulloch, Shuler & Sayre, of Portland. 1952 Legality of Cleveland. empsey, Bond J. re¬ 8 obligation water Dated Nov. inclusive. 15, from 1 inclusive. roved bonds. on will until Oct. 23 for the purchase of $24,000 general works Margaret — Recorder, bids sealed bids until basis of about 1.98%. Diet. City sealed p. 2s, as Offering Slusher, ceive 1390—were awarded Fahey, Clark & Co., of Cleve- o Bond Sale—The issue of general (EST) Local Sch. District, Ohio rovement Jeannette, Pa. Wilson receive basis of about 2.60%. sealed bids until 11 1950. fered a awarded to Drexel & Co., of Philadelphia, as l%s, at a price <of 100.63, a basis of about 1.44%. were 51 Bond County County (P. O. Alamo), Tenn. Offering—D. T. Williams, Chairman, will receive Bond Sale—An issue of $210,C school bonds was awarded c Oct. 17 to the Equitable Securities The Commercial and 52 Financial Chronicle . . . Monday, October 23, 1950 (1580) clusive, Oct. TEXAS receive sealed bids until 7:30 p.m. (CST) on Oct. 27 for the purchase of $525,000 system revenue bonds. Dated Nov. 1, 1950. Due on Nov. 1 from 1952 to 1980 inclusive. Callable after 15 years from date of issue. Principal and and works sewer at the Mercantile National Bank of Dal¬ interest las. payable (M-N) wlil furnish legal opin¬ City $2,000,000 water works and bonds offered system revenue sewer Oct. sold 1391—were neth 172, p. 2s, at a price of 100.51, a basis syndicate about 1.94%. a Co., Pierce, composed of First Southwest Lynch, Merrill Dallas; F. S. Smith- JFenner & Beane, and New York City; Moss, Moore & Co., M. A. Hagberg & Co., and R. S. Hudson & Co., all of Dallas, at a price of 100.024, a net interest cost of about 2.277%, & Co., both of ers $282,000 3V4S, due on inclusive, follows: as Nov. 1 from 1951 to 1956 $1,718,000 2V4S, due on Nov. from 1957 to 1980 inclusive. and The offered on bonds $275,000 1 Winooski, Bond Clerk, and receive will payable at the First of Boston. Legal¬ interest approved l%s, $50,000 1956 due to 1 Nov. on inclusive, 1961 $90,000 2s, due on Nov. 1 from 1962 to 1970 inclusive. and 100,000 street improvem't bonds, as follows: $20,000 2s, due on Nov. 1 from 1951 to 1955 inNov. 1 1956 from to 1961 in¬ clusive; and $51,000 2s, due on Nov. 1 from 1962 to 1970 in¬ clusive. 100.0887, a net interest of about 1.875%, as follows: of S.ch. Dist., Independent Texas from Offering—Lester D. Bond Self, Schools, will of Superintendent receive sealed until bids 8 p.m. Oct. 31 for the purchase school house bonds. Dated Nov. 1, 1950. Due on Nov. I from 1951 to 1965 inclusive. (CST) ■of on $60,000 Principal and interest (M-N) pay¬ able at place designated by the a successful furnish opinion legal will District bidder. $630,000 of recog¬ from and 1956 IV2S, due 1957 $810,000 B water bonds: due on Dec. 1 to to 1963 13/4S, due 1964 to 1972 $450,000 2s, due from inclusive; Dec. 1 inclusive; on on Dec. bond Oct. 172, 18—v. awarded to a 1484—were p. group water offered composed of Halsey, Stuart & Co. Inc., Chicago; Braun, Bosworth & Co., Inc., To¬ ledo, Coughlin and Denver, at a & Co., of price of 100.06, a net York to bonds Nov. 1 from on inclusive. Nov. dated are Three • 1, Que. Rivers, Dene- ] chaud, City Treasurer, will receive j Bond July 1 from Que. Lachenaie, Oct. Offering—Jacques (EST) on j 23 the for purchase of $1,- !; 97.09, about school 000 on Dec. Due 1970 inclusive. terest on Principal and in¬ Bank, Columbus. Bond Offering — for the Due interest The LaCrosse County (P. O. ONTARIO fire prevention awarded at of cost of To¬ $50,000,000 net awarded to a 3.19%, building price millions (Dollar amounts In — of Issued p. offered 1391 Harris — were Trust 100.219, as and Dist. 4 building 1950. bonds. Due on (CST) 15 Oct. on of Dated May Series Series 1970 inclusive. interest (M-N) - - - A-D Nov. 443 22.96 $4,153 $836 83.24 506 1,105 31.41 3,202 3,908 45.04 11,431 6,003 5,428 52.52 13,218 7,208 6,010 54.53 E-1945 10,275 5,495 4,780 53.48 4,503 2,043 2,465 45.32 Series E-1943 E-1944 Series _ _ _ _ — E-1947 Series E-1949 - Series E-1950 __ 4,164 1,575 2,588 37.82 4,265 1,373 2,892 32.19 1,080 3,113 25.76 293 2,300 11.30 $63,369 $28,778 $34,591 45.41 $68,358 $32,931 $35,427 48.17 1,549 317 1,232 20.46 3,235 777 2,457 24.02 3,410 - - 2,593 -- — _ - 4,193 E-1948 870 2,540 25.51 3,741 800 2,941 21.38 17.89 _ i9 months) E_ Series Total 15, from 1953 Principal Series __ _ A-E and the at Series F and G: F and G-1941_ Series F and G-1942_ Attorney Series F and G-1943 Series F and G-1944 Series F and G-1945 Series F and G-1946 Series F and G-1947_ State 76.19 132 $73,000 payable the 11316 1,611 ' E-1942 Series by 97.51 1,011 7,110 E-1941 School Treasurer's office. Legality approved Amt. Issi $77 E: Total to Outstdg. $3,010 Series E-1946 Wis. purchase Redeemed General. DIVIDEND NOTICE CANADA _ _ _ — — _ _ __ __ — 3,175 568 2,607 3,006 — __ _ _ 485 2,521 16.13 2,596 350 2,246 13.48 \ Series Canada DREWRYS Dividend #12 A dividend of thirty-five (35) cents per share for the fourth quarter of 1950 has been declared Treasury of issue $75,000,000 Treasury bills sold on Dated and G-1948 3,040 183 2,857 6.02 F and G-1949 1,671 75 1,597 4.49 1,158 5 1,153 .43 $26,580 $4,430 $22,150 16.67 100 204 —104 Series F and Total Oct. 19 at 0.623% interest. Oct. 20, 1950 and due on Series Unclassified F and sales and G _ . - redemptions. Jan. 19, 1951. All this company to stockholders of record at the close of business November 22, 1950. (9 months). G-1950 was the capital stock of payable Dee. 12, 1950 on Sold—An F Series (Dominion of) Bills j Redeemed Of $4,989 — - Series D-1941 Series the tAmount 575 Series D-1940 Series (P. O. Offering—Linus J. Doyle, for tAmount 1,327 Series A-1935 to D-1939 (matured) Series Joint District Clerk, will receive sealed p.m. totals) $3,087 & basis of a Exeter No. I IV4S, Village of Belleville and Towns of 27 Due 3s, at a price of par. 15, 1977. A-D: Series 2 byj Toronto,! Percent Series until syndicate headed Gundy & Co., of rounded and will not necessarily add to tAmount about 1.22%. bids was Bonds Issued and Redeemed Through September 30,1950 the Total a as Oct. LaCrosse), Savings Bank of Chicago, at of issue An United States Savings and at bonds 172, the to a — debentures ly, 1951 to 1955 inclusive. 1, $650,000 county Dec. 1 awarded Wood, 3% and the Bank of Montreal, joint¬ Series v. as (Province of) Sale Debenture Do¬ Corp., about Ontario was the to of 98.24, price a interest bonds 16 Securities minion ronto, Oct. on Wisconsin Bond Sale—The — j Que. Lennoxville, Legality & Cutler, approved by Chapman of Chicago. 19 lJ Nov. dated are Sale—An issue of $65,000 Bond 1954 Principal office. City Treasurer's Oct. bonds on Nov. from 1 payable (M-N) hospital ; 1966 to 1970 inclusive.; 1 from Due on June 1 from 1950. Herr¬ (CST) Dated May on inclusive. 1959 | Due on Nov. bonds. 625,000 3% 1970 inclusive. 1956 to 1951 to 1965 inclusive. 1 from from 1 June on 1955 inclusive. Due semi¬ May 1 and Nov. j purchase of $300,- bonds. sewer 1950. Due to bonds. on receive will bids until 2 p.m. Nov. 3 annually 3.79%, as follows: 3s. to 1960 inclusive. from 1951 462,700 3V4% of cost $34,500 2y>s. Due on May 1 from A. B. interest f follows: Wis. Clerk, City mann, sealed to Merchants & Farmers Kenosha, 000 1, 1951 to Bank the Union from 1 payable at the First of Columbus, or (J-D) National at Dec. Dated bonds. 1950. net a 26,000 3y>s. for the purchase of $170,- Oct. 31 follows: as $902,500 3% bonds. Due on Nov. 1 awarded to Credit Interprov- incial, Ltd., of Montreal, at a price Elizabeth — improvement bonds, div¬ ided offered Oct. 6 water works bonds was 990,200 Sale—An issue of $32,000 Bond 1951 Columbus, Wis. Belleville), bonds revenue Due 1965 to sealed bids until 8 P.M. $5,500 Sch. Sale—The $670,000 j a 3.42%, ; 1950. inclusive. WISCONSIN Bond Bond 1970 1484.) UTAH works 1956 of attorneys. Ogden City, Utah on (Previous reference to this offering appeared in v. 172, p. City. Montrose nized Marshall, Caldwell, by proved Trimble & Mitchell, of New 1 1973 to 1977 inclusive. general Due and (J-J) payable at the State the Chase National Bank, New York City, at holder's option. Legality ap¬ inclusive, improvement bonds: $465,000 4s, due on May 1 from 1953 to 1956 in¬ clusive; $805,000 iy2s, due May 1 from 1957 to 1963 in¬ clusive; $1,035,000 l3/4s, due on May 1 from 1964 to 1972 2,645,000 124,000 3s. Wohfeil, City Clerk, will receive (CST) on Folger, Nolan, Inc., of Washing¬ ton, D. C.; T. H. Jones & Co., Cleveland, and Edward Lowber Stokes & Co., of Philadelphia, at a 1953 1958 inclusive. 1955 about Due on Nov. 1 from 525,000 3V4S. as Due on July 1 from to 1951 of 97.92, of 1951 to 1957 inclusive. The $186,000 23/4s. Treasurer's office, or at both of New York; Co., Philadelphia; Dominick & Dominick, of New York; $2,250,000 series $360,000 4s, 3.25%, about of cost interest $146,000 2%s. 1951 1, 1950. Due on July 1 from to 1965 inclusive. Principal Stroud & cost and price follows: as price of 98.03, a net a cost sealed bids until 2 p.m. & Co.! Hannahs, Bal- man, Dillon lin & Lee, Oct. a of both Ltd., Boulet, at p.m. BondOffering Norfolk, Va. from Silsbee series VIRGINIA l%s, due on price elusive; $29,000 i for by Bond Sale—The $4,895,000 bonds Trust jointly, at a price of 100.061, a net offered Oct. 17—v. 172, p. 1391— interest cost of about 1.94%, as were awarded to a syndicate com¬ follows: posed of Chase National Bank; Bankers Trust Co.; Salomon Bros. $175,000 fire station bonds, as fol¬ & Hutzler, all of New York City; lows: $35,000 2s, due on Nov. 1 Northern Trust Co., Chicago; East¬ from 1951 to 1955 inclusive; from 24 1 net follows: (EST) on Oct. the purchase of $6,000,000 C road bonds. Dated July until bids Storey, Thorndike, Palmer & Dodge, of Boston. ity and the Co., Chicago, Northern Virginia (State of) Bank National interest Governor, will receive sealed son, on Montreal awarded of C. J. Dudley Dawson, Ltd., of Montreal, Offering—Okey L. Patte- Bond was Bank the to j Ames & Co., A. E. Toronto, Royal Bank of Canada, and $310,000 Oct. 11 to a group on interest (EST) on Oct. 25 for the purchase of $30,000 street improvement bonds. Dated Nov. 1, 1950. Due on Nov. 1 from 1951 to 1960 inclusive. Principal Louis, St. Co., Vt. sealed bids until 2 p.m. same Trust of Offering—Eugene H. Man- City seau, day were awarded to the Mercantile - Commerce Bank & the 13—v. 172, awarded to Ken¬ 17—v. to Vt. Hill & Co., of Boston, as B. 4 jointly, at Sale—The $30,000 refund¬ 1391—were p. school bonds j 'j awarded Montreal, Bond Sale—An issue of WEST VIRGINIA West Topsham (P. O. Waits River), Bond was dated Oct. 1,1950. are $671,000 composed of Quebec Montpelier. ing bonds offered Oct. Midland, Texas water works Oct. 1 from on of of 100.13, Seattle, as l%s, at a price a basis of about 1.72%. 1950. Due on by Peter Giuliani, of ion. Bond Sale—The Seattle-First 1970 inclusive. Legality approved M-N. Due and refunding bonds Bond Sale—An issue of Huntingdon Catholic Sch. Com., 13—v. 1283—were awarded to the National Bank of p. Nov. 1 from 1951 to Interest The bonds school 172, $65,000 Oct. offered 1, !; May dated are Montmagny, Quebec from 1 inclusive. 1961 to 1970 inclusive. Battle Ground School (P. O. Vancouver), Sale—The Bond bonds (EST) on Oct. 30 for the purchase of $29,000 school house improvement sealed bids until 7:30 p.m. bonds. Dated Nov. 1, 192,500 3V4S. Washington Reed, receive will Treasurer, 115 No. Dist. B. Offering—Rene District Clark County, Dist. Vt. (P. O. Putney), Bond Oct. Due on 1960 to 1951 shall, of Seattle. Sch. Town Dummerston Bigelow, C. Offering—F. City Secretary, will water inclusive. VERMONT Texas Aransas Pass, Bond Due on Oct. 1 from 285,000 l%s. 1963 to 1970 , $137,500 3s. $90,000 water revenue bonds offered Oct. 17 were awarded to Foster & Mar¬ bonds The as 1950. Cheney, Wash. Sale—The Bond 3.37%, about of cost WASHINGTON 1956 to 1962 inclusive. dated are 1950. 1, ; bonds The IV2S. are interest 1956 to j from on May 1 1970 inclusive. Due 3s. 30,500 net 98.25, a price of a follows: Due on Oct. 1 from 245,000 IV2S. at & Co., of Ot¬ Simard F. J. to tawa, inclusive. 1 from Due on Oct. 1955 inclusive. 1952 to 1973 to 1977 from 1 May on $140,000 1S/4S. 11 inclusive, and $575,000 2s, due as follows: 1V4S, and those due on 1955 to 1957 inclusive are from Oct. 1 1.67%, about of cost interest Corp., of Nashville, at a price of 100.04, a net interest cost of about 1.42%, as follows: bonds maturing on Oct. 1 from 1951 to 1954 in¬ QUEBEC Hull Catholic Drcwrys Limited U.S.A., Inc. School series—Total Total 3.087 3,010 77 97.51 91,951 matured unmatured 34,555 57,396 37.58 $95,038 $37,565 $57,473 39.53 Commission, Grand Quebec total - South Bend, Indiana T. E. JEANNERET. Secretary and Treasurer Bond Sale—An issue of school bonds was awarded $330,000 on Oct. *Less than $500,000. tlncludes ^Includes matured bonds which have accrued discount. not been presented tCurrent redemption for payment. value