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OCT BUS. r ■- t\ . Volume MONDAY -- New Number 4851 170 ... 4 ,. * rii f » j 'Hq ^ Price 75 Cents York, N. Y., Monday, October 31, 1949 Copy? a «*• and Investment News General Corporation RAILROAD Adams Express Co.—Earnings— PUBLIC UTILITY - . INDUSTRIAL - INSURANCE - 9 Months Ended Total income General I - 1947 $901,495 166,986 164,928 ' Interest ; for Federal income tax..;... contingencies—___— Provision for . T - . /n This Issue -. *Net (excl. gain or loss on income investments) . Dividends <" i. loss $272,289 1 of $272,450 in investments on $199,959- $375,294 . 1949 net gain and Chicago Stock Exchange... bn investments of $424,423 in 1948 and $3,752,778 in 1947. : obligations—-.i-—: Amount-receivable for securities sold—not deliv. 1—I Other 56,708 85,409 — -—,— obligations) (other tlan U. S. Govt, value at receivables-,— current flnvcstm'ts - —— Government S. ; - - —— 88,905 •> . St. lor and accruals contingencies— Total — — ' 96,769 .' 97,819 38,529,402 » 38,252,533 ; v $3,761,000 at Sept. 30, was 1949, and 31, Dec. Aeolian American Corp.—Annual Meeting The date the to jear first 1933. p. V wholly owned 1949—3 Mos.—1948 Period End. Sept. 30— Cross salep, subsidiaries) 1949—9 Mos.—1948,, Glher income 139,430 446,866 $2,975,189 $8,404,234 637,668 3,069,428 214,507 211,473 $8,928,173 647,764 1,033,047 ...... 1,111,375 3,378,812 Interest expense -44 44 .V,V American Airlines, Inc. 9 Months Ended (& Subs.)—Earnings— Operating Net $1,559,839 $4,901,597 $4,697,138 2,736,856 2,736,856 $0.60 $1.79 Operating expenses $1.72 ^Earnings per share -V. revenue operating Deductions 170, p. 781. Provision Alabama Power Co.—Earnings— Period End. Sept. 30— Gross Int. Net pfd. 3,544,948 3,214,589 269,283 56,886 61,138 Airlines Cr210,977 91,408 loans $459,145 $8,^£9,249 $6,109,033 105,000 105,000 1,260,000 1,260,000 $609,702 Balance 170, p. $354,146 $7,069,249 For of of of about series these Chicago, A stocks 9,350 corporation exchanged about 43,200 shares Island & Pacific RR. common stock, 3,000 shares & Ohio Rv. common stock and 28 shares of Kansas due • resulted in the older The Co.—Co-rTr. Agent— Cof, of New York has beep agept for the capita^,,stock—V. 169. p. 2745. Un&ed States Trust be to are Proceeds of public the 1, sale of supplied the of by amendment. will be financing five-year outstanding 3'/2% Midland Trust Co. appointed cor* filed 21 the terms with V , of the the the SEC ' /'■' Commission's reading letter a 1949. 1, Nov. and "American findings and opinion dated & Foreign .■■ Power Co., Inc. has not yet been able the basic objectives thereof. Bond & Share and Foreign Power to endeavor to ments y with It is the purpose and intent of both work out some amend¬ of such exchange of securities* above mentioned in order to permit the exchange to be consummated, with the approval of the Commission before the year end. This ac¬ complishment should ultimately materially improve Foreign Power's cash position. Under these circumstances, you are hereby advised that we shall not, for a period of 60 days from the date hereof, collect or attempt, to enforce payment of any interest which may become due to this company either from American & Foreign Power Company Inc. ing - With SEC— New York. other terms ~ used serial In term or modifications of the terms : , v St. Louis Listed and Unlisted Securities part to repay $3,000,000 bank loans held by The Trust Co.o Edward D.Jones & Co. corporate purposes.—V. 170, p. 782, Magnesium Industries, Inc.—Stock Established 1871 300 North 4th St., St Stayed— with offices located at 29 Broadway, New York, and Alwyn H. Wild, of the Hotel Shelton, were enjoined Judge, John Wv Clancy from selling securities in the„cpmpany] untUlitbfl. company cornwiUfii regulations of tpe SEC. Oct. 2$,+ by. and common Federal shares of stopk Louis 2, Missouri Members New company President, to the conditions necessary to accomplish the aoove-mentioned exchange and further time is required either for compliance with such conditions or to arrive at some other method of accomplish¬ agreement.—V. ,170, , as . order issued _ forms '■ , of New York and The New York American Chrome & This a 1964. The balance will be used for general Sale filed 1949 21, of comply registration statement with the SEC $4,000,000 of sinking fund debentures, offering a American Automobile Insurance transfer under borrowed ' is to be underwritten by Allen & Co. of public offering price, interest rate, underwriting and Nov. The its The American Overseas Airlines, in, which American completed a new credit agreeement for bank The new agreement relieves American of the 1949 corporation Oct. 21 filed a Marine preferred stock. reduction of about 20% of the prior preferred and 4% of the series A outstanding on Sept. 17, the date of the original exchange offer. As of that date, there were out¬ standing 47,818 shares of prior preferred- and 342,091 shares of series A preferred stock. The original exchange offer was extended and supplemented by an offer of Oct. 7.—V. 170, p. 1489. V7 exchange previously proposing shares preferred the , 1489. The Rock Chesapeake 1949, 62%, $10,000,000, American Bosch Corp.—Registers City Southern Ry. 4% The accounting changes made at the end reflect $4,849,033 of prior preferred stock and 13,750 stock turned in their shares under the exchange offer which expired on Oct. 21. of 15, owns to $1,500,000 1181. Alleghany Corp.—Exchange of Shares— Holders shares $5,934,730 *$3,416,295 $0.76 Nil previous obligation to lend Overseas a maximum of $3,000,000 through subordinated notes. American Overseas has repaid to American p. —V. Sept. On 5,174 $714,702 to ^Adjusted and 43,421,927 43,467,910 1,193,507,385 985,350,963 flown—j—i miles committee for holders stocks has in the matter of Ainefican & Foreign Power Co., Inc., in accordance therewith, $19,500,000 principal amount of 6% debentures due May 1, 1948 of Cuban Electric Co. were to be exchanged by this company for a $19,500,000, 6% note. of Foreign Power upon certain terms and conditions specified in said findings and order. Under the same findings and opinion the decision of various motions made by or on behalf of stockholders of American & Foreign Power Co., Inc., for an order directing the suspension of all interest payable to this company by American & Foreign Power Co., Inc., or by Cuban Electric Co., was deferred until the next sub¬ stantial payment of interest should become due, namely Oct. 22, July statements of profit and loss include In consolidation the company's wholly owned subsidiary American Airlines de Mexico, S. A. The accounts of the following subsidiaries are not included in the consolidation—American Overseas Airlines, Inc., Sky Chefs, Inc., and Manhattan Air Terminals, Inc. ' 74,409 stock Oct. "Under 761,492 1948. 4.670 income on $9,476,168 surplus to 1,150,204 1,320,000 — taxes—. Committee — . Dewey. E. Co., $8,404,934 ♦$2,654,303 NOTE—-The above consolidated Cr8,193 and expense deductions premium •* $808,012 $11,720,106 301,915 long-term debt_ Amort z. of debt disc., Divs. 3,628,570 3,616,461 , $1,013,094 income on Other 616,159 * (4,798,399 (4,125,676 810,119 taxes——Jf 585,193 585,193 (net) common share flown—_ passenger 'Loss. of 48,766 48,766 „ _) taxes Gross 334,000 4,399,500 plant acquisition adjusts. income Revenue 19,901,844 377,500 of Amortization Fed, 22,146,663 3,910,650 2,157,919 1,613,069 expenses Depreciation General per miles — income carried profit Revenue 1949—12 Mos.—1948 income Federal $3,964,857 $45,530,719 $43,363,706 $3,862,548 revenue Operating Net from for Earnings -1948 1949—Month profit—— • . ^ follows: Net . , George G. Walker, President of Electric Bond & Share 2,736,856 $0.57 shares $1,652,341 2,736,856 income of 'com. No. 1949 J1948 $77,554,803 $64,203,409 69,149,869 66,858,212 Sept. 30— Carter preferred * Lloyd income Co., Inc. Power . . 44 Federal and foreign taxes on , of company's $7 and $6 motion with the SEC for an •' (A) Staying, pending Commission's action on its petition, the, making of all payments due by Foreign Power or Cuban Electric Co. to Electric Bond & Share Co., including interest on the serial notes of-Foreign Power held by Bond &.Share and payments of interest or principal , on the Cuban Electric debentures held by Bond & Share; (B) Directing Bond & Share forthwith to deliver to Foreign. Power its holdings of $19,500,000 of Cuban Electric debentures in accordance with specified terms; ' (C) Directing Bond and Share to purchase and Foreign Power to sell to Bond & Share for cash at par such amount of open account or other obligations of Cuban Electric accepted by Foreign Power in 1948 and 1949 in lieu of interest due to it in cash as will produce an ap¬ propriate adjustment of interest payments made by Cuban Electric to Foreign Power and Bond & Share respectively in cash and in kind; (D) Directing amendments to Foreign Power's charter providing for nine directors, six to be elected by votes of the first preferred stock¬ holders and three by second preferred stockholders. The Committee is composed of C. Shelby Carter, Enos Curtin and 44 Sales Auction Foreign & so-called cumulative 567,508 $2,857,393 r in¬ charges) Total $8,481,307 229,530 (less income come $2,835,759 American Inc.—Private Loan— company's borrowing of $800,000 The loan is to be paid off Co. of America. 170, p. 1490. 180 instalments.—V. order: $7,836,726 $2,627,863 income .'V ;r have approved the Prudential Insurance The 50 43 Offerings... Condition Statement of Member Banks, off Federal Reserve System ' _ oper. to Banks Reserve, ' ^ Seeks Restrictions— Foreign, Exchange Rates Combine^ Condition Statement off Federal $21,836,346 $24,312,363 $68,734,823 $70,010,692 Operating expenses 18,129,743 20,492,371 57,111,993 59,282,823 Prov. for depreciation— 1,078,740 984,233 3,141,523 2,891,137 Net The stockholders from Redemption Calls and Sinking Fund Notices,44> Dividends Declared and Payable_„ 44' etc . Oct. 24 effected a secondary, dis¬ at $45,25 per American Encaustic Tiling Co., General Corporation & Investment News.Cover dis¬ less returns, counts, 685;- Secondary Offering—rThe C'yanamid Co. share—V. 170, p. 782. Averages_33 The Course of Bank Clearings , 479,0Q0 'i $716,604 tribution of 97,000 common shares (par $10) —33 State and City Bond American First Boston Corp., on Miscellaneous Features Air Reduction Co., Inc.—Earnings— (And e in annual meeting of stockholders of this corporation from the last Wednesday in September in each Wednesday after Sept. 10 in each year.—V. 158, ' V V v : * the of changed been tias (Dow-Jones) National Quotation Industrial Stock Date— 426,000 $639,855 ♦Including $70,405 profit on sale of real estate.—V. 170, p. : _34 Stock and Bond Averages 231,000 $347,301 184,000 C $274,781 profit . Transactions New York Curb Exchange 1948. tCost value was $28,652,103 at Sept. 30, 1949, and $27,270,063 at Dec. 31, 1948. §On Sept. 30, 1949, equal to $27.<6 per share on 1,387,900 shares outstanding and on Dec. 31, 1948, equal to $27.02 per share on 1,415,200 shares outstanding. —V. 170, p. 685. . J at Net Toronto Stock Exchange $38,667,273 $38,390,349 — — these securities value of •Cost ■' capital shares _ 1949—3 Mos.—1948 194J—j Mos.—1948 $6,436,338 $14,459,484 $15,358,253 : 458,781 578,801. - 1,067,855 ♦1,135,60.4» $5,944,033 _ before taxes. earns, Prov. for income tax > 38 38 39 Toronto Stock Exchange—Curb Section 41 Over-the-Counter Markets ;____42 Transactions New York Stock Exchange _34 $39,997 $41,102 lease provided for the payment of minimum roy¬ to Industrial Mining, Inc. and that the deiendant Wild owned a 40% interest in Industrial Mining, Inc.-,\ f; Period End. Sept. 30— Net ' 36 37* . securities Industrial Wild covering 61 mining claims, but omitted year J. Sales Stock Exchange j Montreal $38,667,273 $38,390,349 . $Net assets applic. to outstanding $5,853,000 Exchange Montreal Curb Exchange payables Reserve Stock Francisco complaint It was further alleged in the Commission's represented to the purchasers of such was the assignee of a lease from Chrome [/, American Colortype Co. (& Subs.)—Earnings—'' -36 Exchange Stock Louis that shares were offered and sold by the, share without disclosing that just prior to shares for sale at 10 cents had offered such to Alwyn H. Inc. each Alwyn H. 35 Pittsburgh Stock Exchange - 31,532,912 in payment for such mining property and for public disclose that such to Philadelphia-Baltimore Stock Exchange______36 LIABILITIES— Current Mining, > 35 Angeles Stock Exchange.—. Los San Total >— American ,.35, Detroit Stock Exchange^ ,—_ _• . 33,699,768 - — the that _34 per defendant defendants that alties Stock Exchange^. Cleveland (i Sept. 30,'49 Dec. 31,'48 $1,064,011 $915,092 3,761,377 5,853,441 ASSETS— *U. _ cents 25 the share, and less. a Cincinnati Stock Exchange COMPARATIVE BALANCE SHEET Cash ; at sales such v monies the that represented the the development of also alleged complaint : defendant (Stocks) 13 New York Stock Exchange (Bonds) __J_______25 New York Curb Exchange— 29 Boston Stock Exchange—.. 34; of members for used wore The Stock Exchange York New $569,256 363,200 :: 369,297 $738,494 697,150. 1 paid— net " • $969,439 ^Surplus for period ♦Before • i. — used corporate purposes, when, in fact, a large share of such monies for the personal purposes of the defendant Alwyn H. Wild, other * - ■ of various be securities, such sale from would shares sale the in received a Stock and Bond Quotations ^r-:-\ *i/.rPage the in ants. 18,738 67,515 29,000 50,000 16,307 1 r 9,170 • -V *—39,000 « -J 14,801 Taxes—other than income taxes—— Provision 1948 182,507 $1,149,169 — the of use merce $985,478 1949 Sept. 30— „ expenses that the defendants were mak¬ mails and of the instrumentalities of interstate com¬ of Wild's personally owned shares of the common stock of the company, without complying with the registration pro¬ visions of the Securities Act.According to the. complaint the defend¬ ing \ , . Commission's complaint charged The < r MISCELLANEOUS • " . St. Louis 8tock Chicago Stock Excb New York . , York Stock Exchange Curb Exchange Chicago Bd. of Trade Exchange Associate, . Phone CEntral 7600 Bell Teletype^ SL 693> 2 THE (1694) Cuban from or collect shall Electric given V.'170, p. and Company notice days' 10 you that 782. shall we not Gas American Woolen Income Res. Co.—Subscriptions—The its common stockholders sub¬ company has announced scribed to 97.4% of the 498,081 Net 485,337 shares, leaving 12,744 shares for subscriptions under conditional purchase priv¬ ilege. A total of 237,713 shares was subscribed under this privilege, which makes an allotment necessary; As a result of the stockholder response, the underwriting group, managed by Union Securities Corp., will have to take up none of the shares. 000, V. Unfilled •' 1589, orders Oct. -l amounted of June 30 of as $56,850,000 of Sept. 30, as American International Total income General 1949 The First from from 103,258 113,229 11,821 expenses 11,680 14,024 15,721 Net Interest on bar.k loan 15,000 Net ry. $471,136 106,836' :— Federal income tax— railway From Gross $505,165 $347,777 199,220 200,000 i-edliz^d net •Before investments gain' on $341,571 in 1943 and $1,271,797 in of $103,835 V Cash' *U. BALANCE Sept. 30,'49 Dec. 31/48 • i— S. Gvt. ob.'igatlons at $608,105 OUter receivables- current tlnycstments tibitS) (other at S. Govt, 65,302 obliga- i 81,457 • • ■ ^ value._——— 1948 - —'£ ::— LIABILITIES— $778,792 $615,032 *100.229 50,352 received Othcr / current for Accrual payables / $18,215,949 $17,567,998 taxes and come thereto years' — in- —— 4,407,113 1,538,935 *1,106,102 446,108 719,506 435,213 303,583 170, 1290. p. * 1949 $208,946 years 45,773 the 17,171 - 130,000 — __—— •Cost value of these $3,050,000 at DeC. 31, 1,779,396 1,355,185 1,125,308 549,442 818,023 545,889 340,962 ry. income— 213,604 348,433 214,541 127,317 673 at Sept. 30, $18.44 per share share on and 1949, $12,034,584 979,800 on shares at Dec. Sept. 30, at 31, / retire bank loans, Com. American Investment Co. of Illinois (& income f Sept. 30— income income Operating $2,470,023 1,708,290 1,250,417 $1,976,587 $1,572,672 $2.13 $1.61 $1.31 59,050,246 43,755,154 32,836,489 72,516,065 per common share/ Instalment notes receiv. at Sept. 30_ 53,831,974 Total volume for period——— —v. 170, p. 1389. Net Oct. 17 filed shares (81 par) Fixed & Net J. G. letter of notification with a capital stock, Lawlor Co., used for investments. be to Washington. , the offered at Proceeds company has ' chgs._ 8,400,000':; 70,094 Cr216,224 3,396 , income Gross , income Net 326,613 3,167,226 will chase additional shares of and Milwaukee expansion The If the 170, The 4,849,341 6,791,755 registration Wesc contemplated, the bids 17 Nov. on Oct. on becomes to. 28 company proposes to to purchase at the issue American with effective 1949—9 Mos.—1948 38,098,217 _________ $ the Los to 6,127,271 5,926,450 38,097,798 34,010,047 will expire Dec. on 12.—V. 170, p. 45,763,787 1290. p. corporation of Natural Net has date been of the annual changed the to year first meeting from the of last Wednesday V. • 1762. stockholders Sept. of in each year.—V. 1.16%, the over kwh., Joint corresponding week of last been as elected General 23,208,728 facil. tures, Oct. ture Chairman has conversion due 28. Dec. The which certain (net) it was announced of been the Board. elected a Mr. income % ■ $ int. 7,289,985 52,285,417 2,745,732" 58,532,071 22,908,784 3,788,261 232,571: 219,985 1,672,622 4,218,460 23,915,750 int. also Vice-Presider.t.—V. 170, price of 15, 1961, reduction make the is company's 15-year reduced was in accordance conversion price from with Co. — p. 4,015,643 2,324,574 "4,462,432 27,931,393 491,912 43,548 43,394 116,788 162,634 377,117 Tax a/c Federal 1,490,768 — 1,487,249 13,440,419 635,012 Unemployment Insur. 16,534,709 $7,778,587 Act- Complying an order of Oct. on the Interstate 22 that it to adjustment under The locomotives all on hand.—V. on railroads 170, Commission, conditions. that have adjustment has resulted from the issuance, shares of A.T.& T. stock at prices the Initial conversion shares have been issued price through of the the convertible debentures of the company, Plan. c°nvertIble 2%s of 1961 700, of which $71,830,400 had Oct. 27. unless debentures There is standing been are Such stock $150 per additional result of a other ment and under the Employees Stock poration's called Issued in the amount of $343,087,- converted by the close of business through Dec 14 1958 previous redemption. for $17,000,000 of the convertible 2/is of 1961 still out¬ temporary form, the company said. In order to collect debentures.—V. 170, As p. 1490. the temporary. debentures par (which, the filing on among previously stock, issued value common after other Oct. 24, things, of changed a and to share if is effected is effected on or the corporate trustee (a) toward liquidation of temporary and control.. The v-'/ ■■ v - proceeds of the first Earnings^1949—9 Mos.- -1948 $ $ 1,251,873 1,311,910 38,774,752 16,800,000 16,190.000 -A 1,041,368,820 923. 505,197 171,780,500 114 .373,839 3 244,375 3,773,141 8,168,068 39,819,799 25,308,957 21,015,605 142,698,402 90 113,858. 59,800,000 36 ,930,000 82,898,402 53,183,838 * based for per period— 23,019,799 $2.23 share com. 9,582,942 shares on 1949 of the net ■ tons net for the less than then tons per for annum, the The Oct. company, proposing the sale Read & 25, of filed 33,730 Co. Inc. Holders of outstanding share shares Nov. prior to July 1, thereafter and on or Quarter 29, 1949. Company with of heads , additions to use and list . be are on of of the be . the betterments. will of It of Oct. 2, '49 Sept. 26, '48 from Deprec. on operations Prov. for Net taxes per of a new- 3:00 p.m_ for con¬ financing its construction 1950, at $2,200,000_ /- \< Subs.)—Earnings —9 Months Ended— Oct. 2, '49 Sept. 26, '48 (est.)_ coin, share 169, *$29,336 $199,391 *$473,668 61,145 206,746 190,503 Cr37,185 64,707 Cr258,185 223,570* $73,539 *$422,229 $340,80* Nil $0.20 Nil $0.9«? $754,883 and income *Loss.—V. subscription* *$60,386 . _+. 1952; Earnings SEC Offering 68,235 plant equipment the par). unsubscribed warrants, the (& —3 Months Ended— Period— prior one-fifth estimates (Sidney) Blumenthal & Co., Inc. ($1 acquire purchase / proceeds with by amendment. given basis . Profit of net respectively, underwriters. supplied to the Underwriters expiration date /.•a;1;:, ■' proposes to are 3,440,379 Co.—Registers With SEC— the shares, held. cor¬ prior $5.39 1948. production and a registration statement shares of common stock common new steel 1949 and 99.7%, expenditures for the period Sept. 1, 1949, to Oct. 31, 170, p. 1491. 1 certificate of amend¬ the the at —V. Changed— reclassified $8.41 and 8,954,982 shares in compared as Second Black Hill» Power & Light each days' $2.34 in ,1949 1948, or 100.5% rated capacity.'—V. 170, p. 1491. for 25 22,584,752 third quarter" of share the • production (ingots and castings) for the Third Quarter 3,176,040 net tons averaged 89.2% of the rated capacity of of of July 1, 1955; and $38.75 per share if effected thereafter; such conversion prices remaining subject to further adjustment as provided in the amended certificate of incorporation.-—V. 170, p. 1491. adjusted by 8,404,444 the 750,000 shares - of $25 par value unissued, into 1,500,000 shares of $12.50 the conversion price of common stock issued conversion a out & acquire 24, 1949, upon conversion of the 33/b% cumulative con¬ proferred stock has been automatically decreased and adjusted per chgs. to and stock) be a 1949—3 Mos.—1948 authorized to $36.25 per share if conversion $37.50 1949, will secured by 326,380,045 324,761,072 49,476,116 48,254,730 rights Oct. vertible inc. struction Beatrice Foods Co.—Conversion Price of S i? ?.rtest'Jtte Il0lders should exchange for definitive into 1946, will continue about In debentures. conversion than common were The conversion privilege the since Dec. 15 less direction steam- 1590. p. be been price and underwriting terms Commerce would discontinue 23 operation of coal-burning passenger supply of coal will land, buildings and equipment with paid v\v:••:■ taxes Dillon, passenger trains, effective 11:59 p.m., Oct. 25. Most discontinued are local trains or were on branch lines. ICC order required a 25% cut in the trains for 730,970 8,163,422 $15,976,703 $16,924,979 with its other 14,200,000 $8,030,587 639,305 7,558,811 1 be /• . corporation, and NOTE—Steel tons taxes the for girls' income •Earn, 5,715,521 7,527,528 Act has a income' Prov. 13,238,353 5,641,276 2,134,143 Railroad retirement this railroad announced 2,975,096 high school/ depletion *Based 54,348 Railroad 2,714,726 , cost Academy first as :-ls' & for Net of income Total : counsel of the corporation cost depreciation funded a/c 7,347,576 5,791,019 1,198,810 Curtails Operations Due to Coal Strike— $150 to $148, effective provisions in the inden¬ subject additional share, Prov. 214,583 945,053 • shall billings 3,578,098 tax 8,606,325 6,305,221 in under Net income Excise 5,794,977 obligation of proceeds years; on 619,122 Net 1490. deben¬ 4,061,839 Total income' Include: remains convertible income— 1290. construction; Net 36,901,976 : powered 2%% 771,164 11,306,733 the ' 3,436,248 debt 170, Conversion 706,326 Bethlehem Steel Corp; (& Subs.)— funded on v 1.058,580 16,868,797 Period End. Sept. 30— 33,465,728 243,972 debt-- — 1946 $2,148,094' 965,506 made :• 1,546,535 2,095,731 ^ — on ' 900,916 1— legal 23,027,896 , This of of 34,893,273 278,521,393 299,260,045 27,603,238 226,235,976 240,727,974 105,808 • funded on- 1947 $2,050,111 1,477,673 mortgage serial bonds will be used to pay the balance of the total cost $ : 427,707 — (net)_ income 1943 $2,964,358 19,978,249 the pay tution 1949—9 Mos.—1948 $ Fixed charges other than President, Etc. Polumbaum 1949 453,571 described in this prospectus, provided and disbursed approximately $400,000 toward the cost of the new building, of this amount. $100,000 was. contributed by residents of the Faribault community antl over $300,000 was advanced by the Motherhouse to enlarge this insti¬ 228,843 rents Manager. Martin American Telephone & Telegraph Price of 2%% of 1961 Reduced— The ' expenses- from Miscellaneous deductions Polumbaum, formerly Executive Vice-President and General Man¬ has been elected President, succeeding Seton Porter, who has Jack $2.90 operating a four-year high school for boarding school and in later years as a The physical plant has now become inade¬ The Dominican Sisters, who own and operate the academy, quate. began building a new modern high school to be connected with the old buildings in 1948. The estimated total cost of the project is $892,513. Bethlehem Academy has, prior to the .issuance of the bonds V American Sumatra Tobacco Corp.—New 462,375 328,038 cash Interest * P. $ oper. Conting. year.—V. ' $0.01 $1,840,056 first mortgage on the valuation of $1,026,610. many 1254. 1949—Month—1948 Net ry. oper. income- increase of 2,639,000 an 167, p. 28,027,852 Equipment rents System inputs of subsidiaries 1589. ager, Co.—V. 2,063,115 debt the-week ended Oct.. 20, 1949, the of this cortipany amounted to 230,868,000 directors, new 4,819,124 162, Co.—Weekly Input— For or Tool revenues. rev. Total this corporation September in each in 10 three *Railway tax accruals- . Wednesday after American Power & Light kwh., elected oper. Fixed interest p. has ry. oper. American Piano Corp.—Annual Meeting Date— p. Ventura Railway Railway Other Th 462,375 are dated July 1, 1949, and are guaranteed by St. Clara Stnsinawa, Wis., the Motherhouse corporation. First National West Bend, Wis., corporate trustee. H. E. Schacht, financing SEC. 1389. 462,375 $0.64 Bend, Wis., co-trustee. bonds, in the opinion loans 50,088,000 Baltimore & Ohio RR.—September Earnings— offering price any shaies not taken by stockholders, and to.open bids ori Nov. 23/ Subscription warrants will be mailed out to stockholders on Nov. 25 and $1,428,095 of financing; (b) anticipation of the issuance of the bonds; (c) toward of construction of the new school building of Bethlehem Academy, Faribault, Minn., and (d) the balance to Bethlehem Academy without restriction. 42.886,136 360,426,870 387,432,256 4,983,995 4,640,514 Period End. Sept. 30— 16, as now invitation for public a $91,497 $2,292,095 18.508,502 p. direct The $ 24. They are Warren Crowell of the Los Angeles invest¬ banking firm of Crowell-Weedon & Co.; Walter S. Leschander, Angeles sales executive, and Fritz Hutsinger, owner and Presi¬ dent Nov. on 864,000" $324,264 valid closed . underwritten.' adhered are statement registration statement be 74,600 Bank of West Bend, Ry.—Earnings— 1949—Month—1948 ' to 1949—9 Mos.—1948 $166,097 188,000 $0.10 income— oper. 170, College, Oct. on ment proceeds from the financing to pur¬ subsidiaries, Michigan Consolidated Gas Co., Co., to assist them in financing property to stockholders is tentative schedules Its from ry. total programs. present If Light offeiing file will Gas that other railway.— railway.: Bethlehem the use since many 462,375 railway coeducational purchase1 in connection,with stabilizing transactions. offering price is to be set forth in a later amendment to the American Natural and and $512,264 41,700. railway oper. Bonds 2,941,673 *655,982 Aviation Maintenance Corp.—Three New Directors— The ;■) S. 1949—3 Mos.—1943 $115,907 The income— oper, income —V. SEC an application to issue 276,805 through rights to present common stockholders. vV.:A, U. 1590. p. —B. C. • 356,853 *71,931 v $ according to present plans, will have privilege of subscribing to one new share for each 10 shares held. In addition they also will bo entitled to subscribe to such additional shares os are not taken by other stockholders. Included In this latter over-subscription privilege will be any shares which American Natural . Beechcraft trie for total V'"*" Academy, Faribault, Minn.—Bonds Offered Ziegler & Co., West Bend, Wis., on Oct. 13 offered $500,000 first mortgage serial 21/2%-31/8% bonds due July 1, 1950-1959. The bonds are priced at par to 100.50 according to maturity. 2,301,763 *657,566 4,192,690 4,779,726 Cr331,091 Cr3,855,898 Cr4,969,445 2,894 32,021 35,743 be Stockholders of record Nov. 23, may estimated, Bethlehem 8,850,000 1,009,341 Cr29,897 the SEC. by in is bid -Earnings— taxes— from Net 87,579,774 Period End. Sept. 30— $2.70 filed with the shares common will, it completed. • war-wearies successful 103,511,263 79,614,282 700,000 Atchison Topeka & Santa Fe American Natural Gas Co.—To Offer Stock— The 93,216,313 9,449,741 . conting. Net'ry. new ry. —V. -V, 170, p. 1390. SEC will from from the on 109,000 Underwriter, each. income. oper. income ry. Other American Mercury Insurance Co., Washington, D. C.— covering 9,462,278 Miscellaneous deductions Files With SEC— The company its on work service 170", September— /// ■ $ ■, 8,403,870 45,434,522 • extensive twin-engine 1947 finally originally built outstand'g com. share per Net '-; $ 7,891,086 600,000 ,Crl57,310 revenues—;— Equip. & Jt. facll. rents 1 profit Earnings the amount $74,207 shares Net 1949—9 Mos.—1948 897,351 taxes——— the 170, p'. 299.' Gross 1949—Month—1948 Operating expenses /Taxes;—* 1947 " 1948 $3,227,004 Navy's of when world.—V. From January Subs.)—Earns. 1949 $4,589,665 taxes in the Fall reconversion were been income Net Period End. Sept. 30— $2,881,375 for Provision Net bel'. to a? f of the profit Gross Atlantic Coast Line RR;—Earnings— fEqual to and $17.79 per 985,700 shares at Dec. 31, 1948.—V. 170, p. 393. Nine Months Ended announcement SEC—J etc. Vf Net the and Beechcrafts, . more 4n $8,500,000 tne Earnings The company 1948. 1949, ■ 457 Aircraft planes of Net on "Oct; 24 filed a letter of notificatlbn with the SEC 25,000 shares of common stock (par $1), to be offered at $3 per share. Underwriter, Pulls, Dowling & Co. Proceeds will be used to $18,215,949 $17,567,998 was $1,550,000 at Sept. 30, 1949, and tCost value of the securities was $13,611,- 767 have —V. Atlantic Can Co., Delaware, N. J.—Files With i 17,542,716 securities 1948. twin-engine . ' _________ /, for Bccch Period End. Sept. 30— Profit' aite*: ertpehfces— for Total 22. official no reconditioning! and Federal — 18,070,400 military Oct. on been Bell & Howell Co. 33,647 1,485,745 oper 100 1946 v —V, 170, p. 1290. t Navy Cohtraict— fulfilled, Beechcraft will have worked on 767 Navy special "reconversion lines" started moving over two its contract All 52,232 33,985 $119,925 *$1 ,"370,27'? been since approximately $134,749 50,042 railway from railway——— ; shrs. The time 1947 • 101,074 396,818 on awarded From January 1— from has ago. parts $129,672 76,046 86,199 £378,950 involved, it is anticipated that this reconversion contract approximately $3,000,000 when all work has been completed. these additional 100 planes means that when all present total Work additional announced contracts have 1948 $180,093 ? debs.— an there money will 71,983 Net 18,613 r of While of . 101,440 i interest and expenses incident tNet assets applicable to outstanding cap. 5,667,868 €.719,844 904,797 __ income'— railway____i_ s 6,669 15,548 Federal 8,340 Net accruals prior 33,578 A i--? overhaul to from Gross —~Td— _ arid additional 86,036' 5,746,503 September— from railway Net fV'-" ;V; purchased—not securities for payable ; *$294,122 *$906,105 Production backlog again has been increased considerably by award of another United States Navy contract for the modification $498,867 187,688 50,940 Gross l; 13,907,311 , Amount incomtf*$39,843 9,973 —— series BOech' Aircraft 'Corp;—-New 1946 133,579 Net ry." oper; incolne— 15,946,945 •Total 1947 Atlanta & St. Andrews Bay Ry.—Earnings— 45.512 — U. than : 3,050,334 Aiwt: receivable' for1 securities sold—not delivered +46,782 charges $16,912 — ("Adjusted for children and students; ^Exclusive of interest payable to the sinking fund trustee of $31,659 for the month August, 1949 and $248,576 for eight months of this year.—V. 170, 1290. : "/////>>; of $528,895 1,550,085 value———— ; Hoadlcy, Jr., has been appointed as Company Economist, H. W. Prentis, Jr., President. Mr, Hoadley, at present Senior Economist of the Federal Reserve Bank of Chicago, will begin his duties at Armstrong on Dec. 1.—V. 160, p. 1182. SHEET ; - *$872,385 2,846 •Loss. Walter E. ; v 1947. COMPARATIVE $345,224 income/./' accruals Armstrong Cork Co:—Economist Appointed— according ASSETS— 33,720 *$231,617 12,902 v 49,602 aircraft > 1949, in 28,866 — income on Net secondary $12.50) at a — railway $319,556 342,965 ________ paid $316,358 Gross Fixed 878. p. $638,386 ._ railway oper. $14,066 *$235,157 3,540 corporation January 1 from, 'Deficit.—V. income *Net Dividends compared *« Secondary Offering— 24 effected 1949 railways from 16,500 — as $56,900,000 RR.—Earnings— rjt. oper. income— $489,185 Taxes, ether than income taxes Provision for Net 151,786 income Nonoperating P. Net 1,759,654 expenses— Operating compared . 1.947 $1,925,506 revenues Operating 1949—8 Mos.—1948 3,463,589 26,867,839 26,983,181 tl8,874,122 145,307,981U61.895,219 $1,764,202 $16,474,351 $14,855,527 1,830,129 14,756,381 14.385,240 169,230 1,401,612 1,376,392 16,671,943 $95,071,- as of Ann Arbor i, 3,190,862 Taxes last year. 35,000 common' shares (par $33.50 per share.—V. 170, p. 782! .. f:; $620,244 *— — Boston Corp. on Oct. distribution Gross 1948 passengers Int. Corp.—Earnings— Sept. 30— period $41,800,000 to 36, 1949.—V. 170, Of June as same 1949 were i; Anchor Hocking Glass Corp. SeptemberNine Months Ended $1,263,600 $10,461,600 $0.49 $10.00 1949—Month—1948 miles Reveriue this year. as $21,800,000 with y",-V*.' •'"iVv-A'/V -''d- v $2.31 with $152,112,000 for the Revenue Operating 82,503,300 $0.13 (Including Baltimore Coach Co.) :• 4 Period End. Aug. 31— 3,000,000 ______ $391,400 share Baltimore Transit Co.—Earnings— $1,608,600 $21,719,600 345,000 8,258,000 1,000,000 — - — com. Net current assets » company 170, p. contingencies- compared as with announced Oct. 26 that the basic percentage to be used in determining the' number of shares!v to be awarded to sub¬ scribers under the conditional purchase privilege is approximately 4.8 of the number of shares subscribed for by exercise of "rights."— The 1,228,000 Net sales for the first nine months of this year amounted to took stockholders $5,731,200 170,000 per Monday, October 31, 3949 1949-^-y Mos.—1948 $561,400 profit Earns, shares offered recently. 1949—3 Mos:—1948 taxes,. for CHRONICLE Co.—Earnings Off Sharply— taxes —-.—U- Earnings Electric & before FINANCIAL & Period End. Sept. 30— "// v-V/y American The thereafter of any such interest unless we of our Intention so to do."— to enforce payment attempt or have COMMERCIAL p. 1879. Volume« 170 Number 4851. . THE (George W.) Borg Corp.^—Liquidates Knitting Mills— During, the past ting Mills sweater chinery, .equipment, to A. A. was Empire, Delawan, Wis., then and the Servin, to liquidating this activity. however, company, is trade < Inc. A of loss $259,516 V oral to a proposal to recapitalize the road arguments the on plan before was Operating Operating expressed Oct. 24 • Donald should S. or- approved. substitute a cellent to financial not was credit the in by offer. and He did contended interest involved he said physical "best problems ardized He of and the we the present capital have not that condition by of public." railroad" said He find cannot serve Net the there where 170, Bradley Knitting Co., Delavan, Wis. George W. Borg Corp.- above.—V; .151, (Excl. ; unconsolidated ,,,.3 Months Ended Sept. 30— Nel profit after taxes—-- is — revenues- income f common share—*, * > , froni . reservefor market, value of m taxes ;ventoriesH...— — r 1947 " - * . pfd. - 1187. p. The a loans $2,137,675 865,000 780,440 $3,271,034 incurred .In •program. financing > , 942.990- Operating/ be the rate used first of conversion to ret.re. of steps will ; current fLosht Other income and • J __ 3,228,672 sr $479,937 - (net)_;__ expans.on profits representing below 394. p. current gain market sale from prices in > metal of inven-\ period the Other \ income ■ . $1,891,821 127 Net income__/_ tlncome reservations—; 73,033 :-"\W , ■* able > $5,133,948 $5,300,991 87,700- Federal . $3,832,433 4,697 $380,070 219,000 224,000 1,393,000 1,491,000 L'V; $5,388,691 '299,000 1,967^000,:/ 1,916,000 * Capital shrs. Earnings —V. outstdg— share per Deprec. inch 170, $2,220,434 594,298 ___ 879. p. Tf $2,387,581 ... 111,087 Operating Operating $3,015,463 594,298 594,298 $4.02 k; 141,272 :: $5.25 Other — $1,896,518 555,019 $269,284 $1,341,499 483,883 $160,189 .» An by unsecured addi¬ an that the bank $353,691 $764,836 43,434 5,648 46,545 Bids $670,620 $359,339 $811,381 $420,085 116,833 31,855 144,185: 171,110 74,720 200,624 96,077 $382,677 $252,764 $466,572 $277,260 $3.77 borrowings will approval by 3.6'!» Series. refinanced promptly 2— - State the upon borrowings.—V. be 170, 1491. p. Net 123,600 shares in 1949 and 111,500 shares in ry, Jan. from Net income Net' ry. Chairman of However, 1 With of-^he 39 he 1946 $247,315 103,743 the Britt's Mr. 48,454 24,003 shares. to acquire 1,045,783 696,807 613,176 Proceeds 506,809 147,203 126,923 short-term the Chairman as Committee, Board the it the Beard from the of Board the California Oregon Power annoilncd was Board voted of eliminate to Oct. on and for tric the office by-laws.—V. 170, the oper. Other $9,679,209 4,519,365 3,923,970 6,822,815 5,721,426 163,070 162,681 244,451 243,916 $8,446,847' will a Gross Net $1,745,547 $1,616,289 $2,611,943 income Dr2,625 Dr4,003 17,405 $1,613,664 264,854 392,734 *486.053 $1,220,930 $2,121,887 1949 1948- . • $171,000 *57,201 from Net. ry. oper. income.^ *107,804 *91,299 1,555,000 1,751,000 from Net frcm Net ry. ■; *118,557 1,586,500 , *665,900 *475,490 *367.015 *393,091 *975,772 *858,051 *924,344 p. 1391. and to up for the the-first District ol to clearance, sub¬ ■ at subscription of for by one each present Stk. further the York. waive Net ry. into single the of a shares mon-stocks In class of will of Gross be All be Specified the for for repayment 170, of 1595. p. aturing 30, Aug. 1949. receive by of of and precise the provides that Con¬ it by of Central, Central.- of the the of merger note amount common of 1, stock. Island Gas The of of management of and preferred whatever thereby of will Central to -be are bonds Consolidated of class rights be 5,425,392 $59,618 $1,082,089 Drll 1,143 2,829 $104,596 deducts.- also or to Central .shall be continue Dana offices: 135 NOTE: Gn S. Seibert, La account 333,865 48,900 $345,048 ■ -157,102 157,102 $402,523 1 $16,551 $187,946 charges.—V. 170, 1391, p. 1949. 1948 $774,000 $850,000 29,511 172,490 70,809 97,439 86,278 *27,902 *9,575 5.995,117 ;; *59,845 . - 1947 - 1946 $716,938 $740,734 7,146,000< 7,754,000 7,049,139 929,651 1,446,708 1,239,728 376,967 120,736 584,577 327,056 *496,462 — income—■_ 170, have been fund monies, 1291. p. redemption refunding and Dec. 1, next, out of sink-, improvement 3%% bondsv 101 Va and interest.. at on Payment will Net Net 1949 1948 1947 1945 from railway-— $19,114,677 $21,120,128 $19,280,044 $16,341,213 6,047,805 railway.6,473,365 5,981,535 4,449,700 ry. oper. income— 2,687,361 2,830,573 2,699,845 2.320.55C from From Gross —_ Jan. 1— from railways- 159,934.620 178,072,704 156,167,559 146,219,239 railway^32,354.010-53,900,980 51,507,828 42,854,104. Net ry. oper, income—,. 11,433,291 24,208,606 23,391,718 20,497,279 —V. 170, p. 1291. . Net from Chicago Rock Island & Pacific RR.- -EarningsSeptemberGross from from Net 1948 1947 1946 ry. railway-, From Jan'. 1— from from rv, all 1949 railway-, $15,944,708 $16,423,739 $14,331,566 $12,654,881 5,066,026 4,541,338 3,318,768 >,481,374 2,267,371oper. income— 1,700,801 1,390,503 1,103,209 Net —V. railway;.— 138,470,924 .148,338,430 railway 170, p. 131,810,574 119,190.^10 36,906,487?. 40,514.459 oper,, income^- 34,697,703 14,347,712 15,763,502 16,258,505 27,257,147 12,157,764 1595.,-.v ) com¬ Chilean Nitrate & Iodine Sales-Corp.—Tenders— The bonds to become delivery the due corporation will receive tenders up to 3 p.m. on Nov. 3, 1949, fori purchase by it of its sinking fund 5% income (dollar) debentures, June.PO, 1968, with Dec. 31, 1949, and all subsequent coupons attached. Tenders should be made at a flat price (excluding accrued interest).-and should be presented to the company in care of Guaranty Trust p. Co., of New York, 140 Broadway, New York, N. Y.—V. 169, 2640. Chronicle President; the be Chicago Burlington & Quincy RR.—Earnings—* Net on-June after for 1973, September— Gross Net entitled shall called $200,000 Dec; -1, Salle ol 554 The & the-trustee income as • $559,625 13,092 v . $727,813' 196,000 $29,643 13,092 railway-;— at thereof number will 5,00ft , $727,259' $1,084,918 329,293 1 26,118 23,50ft i Marine Midland Trust Co. of New York, sinking fund trustee, 120 Broadway, New York, N. Y.. or, at the option cf the holder, at the office of Halsey, Stuart & Co., Inc., 123 So. LaSalie St., Chi-, cago, 111.—V. 170, p. 1595. interests outstanding Central $30,761 ■ 28,691 , railway oper. stock and A and 5l/a% fluctuations in tne rates el exenanae, remittance for loreign suoeenpuons ana advertisements . $6,152,651 5,555,154 $104,667 income-^- made terminated. (the 1949—12 Mos.—1948 $6,637,243 503,630 (net) railway--^ from pro¬ latter capital delivered. to 20-year $42,101,202 were such the outstanding Central's which holders assets Central, Simultaneously? therewith, outstanding $4 securing 1952, other into its Place.— ,;" stock-: common, The 43 ; $563,248 495,430 • $52,405 due will This sufficient in or Chase Exchange at v. income and equivalent' special H, which the .corporate Except for a $3,500,000 and held by The Chase held are Consolidated amendment) Present such $600,097- ^ $39,313 oper. There ing redistribution a be should Chesapeake & Ohio Ry.—Partial Redemption— Gross extinguished indenture 1, 1945, aud Chase National to 131,518 (Houghton, Mich.) and Central Indiana domestic, subsidiaries of Consolidated. Such may now be represented the new common shares of on now with" Jan. attached, 1949—Month—1948 If •____ income 66.53% Co. Central's bonds, - income *Deficit.—V. ; subsidiary full Central • -their coupons From January 1— its rights making for and definite 1950-, with reclassification a of unpaid principal end interest Presentation expenses on Net from ry. Simplification Plan as York, pledge provides the. merger when , - from ... effect and on thereto. Gross from -railv/ay.— Net Co. (Newark, N. J.> into,-or its-consolidation with, Central Consolidated, following which Island's corporate - existence will to accrue bonds tto div,- requhmtsi: Net possible the divestment' by Consolidated of thethese companies, either by sale or distribution.. * ceased-to - income share holdings1, of its Briefly, New maturity-in Ind.i, make by j receive payment other Dreferred new two will make to outlined. Co., Power bonds makes-provision for ; the1 time Central-Vermont Ry; Inc.- -Earnings- . by well as time to Gas the on now (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place. New York 8, N. Y.; REctor 2-9570. Herbert D. Seibert, Editor and Publisher, William D. Riggs, Business Manager,? Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monaayj. Other St., Chicago 3, 111. (Telephone State 0613); 1 Drapers' Gardens, London, E. C,, England, c/o Edwards & Smith. Copyright 1949 by William B. Dana Company. Reentered, as second-class matter February 25, 19-12, at the post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States, U. S. ;Possessions, Territories and Members of PanAmerican Union, $15.00 per year; in Dominion of Canada, $38.00 per year. Other Countries, $42.00 >c»i.--. William - Na-?^ mortgage approved for--taxes Balance 11.30 shares up filed an application with the SEC for ap¬ simplification of its holding company system from stocks,of available. Financial & (Muncie, will plan under * J,123,886 Commercial SEC basis construction new structure, time release Following *115,047 1.611,100 - *57,898 income— 170, Co. poses $161,500 *56.017 railway——. oper. •Deficit.—V. The - stock parent, represented for briefly terminated. to 1—- railway. Court deposited, with-Chaf;e under of and up Electric be 1948 $209,500 *34,071 Electric the The $1,903,131 1947 - $194,000> has for now plan income and Net Portland, Me., common share Co., shares used be, discharged release • railway—— From January be Upper Peninsula or railway——. Gross to Gas $2,498,910' 595,779 $2,607,940 $1,377,031 September— from for the on new Service Public corporate filed common $1,741,885 (nett— income— from offered one Consolidated, hue' Sept. 20, National Bank,, all of its securities $2,481,505 Dr3,662 170, p. 129i; Gross be to stockholders of obtain Canadian National Lines in New Englandrr-EamingSr-r Net is shares and new plan its be note is (net) Income deducts, —V. $5,702,940 .. income income preferred 200,548 merged with and into Central, following existence of Consolidated will be terminated. of Net unsubscribed be 1949—12 Mos.—1948 elec¬ ' of borrowings for construction purposes.—V. of of solidated Co.—Earnings— $6,427,982 taxes-- lease, of plant District S. 1935 be voting power among security holders. The plan has been scheduled for hearing before an officer of the SEC on Dec. 13, 1949. The plan is presented in general terms and states that amendments 27. Directors. company's 1949—8 Mos.—1948 revenues exps. -and Rent stock corporation proval and will Period End. Aug. 31— Oper. shares Central Public Utility Corp.—Files The beeri associated with this company for of previsions '-V-./'*'■■■?. the holders, .of series member a U. -trustee AIL interest September— England undertakings Operating will mortgage bonds outstanding Central Maine common, thereby shares available for delivery to the successful bidders. 1079. p. general the *32,479 • below 7.- common New 2,506,631 retirement, of Nov. of any 10 *5,911 Executive remain Chairman 30,000 and. preferred 2,904,583 retired the as v.; to was oper.- Gross 7." common each 46,173 has and revenues-.--j-: Non-oper.- 7. of for 3,406,700 has SEC . Pfd. $5,000,000 first and common 1,106,385 who . • the Central iVermont Public Service Corp.—Earnings— 170,v 1291; years, will Nov. (EST), 465,316 170, p. of Nov, purchase of Laurence. "V. 'Britt. than For The 1947.- - Burroughs Adding Machine Co.—Chairman Retires— more (EST), (3) 50,868 income oper. 'Deficit.—V. (EST) purchase 3,655,206 railway—. railway. . , to New *Based purchase For a.m: 1— from trans¬ Light1 Corp.-^-Presentation of corporation: filecU under New/York,• approved Operating Operating -Invitation for Bids for Pur- Tne company's financing proposal has received ject* to the results of competitive bidding. $286,779 1948 railway—$353,051 railway 105,126 oper. From Gross American Period End: Sept: 30— 46,747 1948.-^-V. the purchase of the securities mentioned the* company at its office, 443 Congress St., by a.m. noon - $373,118 from from Net 1949 ; the Electric i7Qy p.: 1595X>' Int. For 11 (2) Buriington-Rock Island RR.-r-EarningsSeptember— Gross after plan ,of a; with respect Net surplus per share—on .was Bank, $429,007'- inc. to for (1) to SEC hearing that involving the* combination of Corp." into an open-end Cities Power & Light Corp. has States $2.49 2,087,860 v. follows: as debt upon consolidation of Buffalo Niagara, Central Power Corp., and New York Power and Light Corp. has given interested persons until Nov, 2 to request a York determined Dr8,922 1,373,535 1595. received mortgage The 21 closing, the1 trustees'* plan, deposit; holders should forward ■Subsequently maturing interest $2,516,867 chase of Securities— borrowings is subject to outstanding Preferred Stock, company's expected New 1 in the Oct. proposed Revenue, with respect trustees' amended plan the-Public... Utility. Holding, Company .Act-of 16,. 1944; In order 1949—12 Mos.—1948 $627,186 Central Maine Power Co.- company now has outstanding $17,000,000 of unsecured promis¬ notes-due to banks on or before Dec. 31, 1950. The new borrow¬ ings will also mature 011 Dec. 31, 1950, and will bear interest at 2lk%. cf the of consequences announced and Internal Dec. 15,' 1948. Commissioner has in , the rights, of lien or (& Subs.)—Earns.., $2,138,371 ; *Based p. corporation has requested SEC authorization to borrow $5,000,000 from banks for construction purposes. increase by amended, and. . $1,381,788 1,028,097 income, —I and ^Earnings The is ruling of ^such funds/shall.*expire." The plan, r4 by the SEC by order dated July 29, 1947; the \U. I S. ' District CoUrt for the District-of • Delaware, by order dated Dec. 3, 1947.rThe plan- as amended-, provide-* that, if any holders of bonds shall not have done all acts necessary to secure possession-of such-funds prior to Dec,.!?,11950„all rights of such? persons to such funds shall cease and determine, and Ogden Corp., its-A successors or assigns, shall be entitled to such funds free of any claims $763,470 $1,664,035 1,036,879 deductions Balance Oct. 27. sory It tax Ruling— Butcher, trustees, dated amendment *Prov; holders G. favorable a States Power & to. of after Dec.' 436,380' $857,616 1949—9 Mos.—1948 expenses taxes Buffalo Niagara Electric Corp.—Additional Bank Loan Such Robert - $1,199,850 v as income Income Federal York Life Insurance Co. below). tional subscription price is to made.—V. '170, p. 1492; * offering'is Commissioner the indenture of trust.* 109,095 $205/332 Sept. 30— income Gross Places Loan The net proceeds are to be used to finance the erection of a new building. (See also New The , The, and trust- datedt -Jan. 1, 1928^ securing the bonds, • funds • sufficient-to-pay the unpaid principal amount of-the bonds, together$1,629,019 :2 with-: interest' thereon jup^to Dec./ 16; 1944*?in fulli payment • and dis-i■ .429,169 charge of the bonds and satisfaction of *the first mortgage and 6,441 the .stock' revenues Operating 146,969 - Bryan-Bullington Corp., Dallas, Texas on the company, 11 approved $5.08 J 188,574 Privately—An issue of $2,325,000 15-year 3^4% first mortgage leasehold sinking fund bonds will be. placed; privately with the New York Life Insurance Co., it was announced , liquidated, tional- Bank, indenture of avail- for 'com. Period End. $3,121,691 534,298 $3.74 above) the: held. Delaware^ the-company in, November, 1944, $1,622,578 110,786 Central Louisiana Electric Co., Inc. ?■ Net/; profit . 9, Section $5,230,463 300,000 ,. $338,179 132,847 . termed stock.—-V; 170, p. 1391. $4,112,581 taxes- taxes— income and income proposed Pursuant '•Restated to reflect related year-end adjustments, for 1948. tAs required by order of .the Public Service. Commission—r-($30,000'in quarteriand $120,000 in 12 months); and provisions for dividends on pre-' 96,514 profit bef. .income Wisconsin -income • $4,039,548 63,373 taxes -;_:—^_—__• ■> - $3,769,060 (net). • 1949^-12 Mos,t-1948 $480,032. 141,853 etc.-—- Bal» »of •> income 1949—9 Mos.—1948 - opers._ •:/, • ; Net 1 from ... Bonds for Payment— 12,688,242'-. 12,069,692' $379,943 ' shown. Briggs & Stralton Corp.—Earnings— profit Interest, . . ' - Period End. Sept,.30— Net Federal Central < *1949—12 Mos.—1»1948 3,229,099' - 95 $830,000c j>- Qross, ,ii$cpme^-----— __ __ Bond tNet i: de-: bank $3,708,609 ^$3,609,042 $14,580v063 $13,692,270 a .' - <•-- - Operating... income^-.-.. ■*' $1.28 a it-* will be tax free, to the. corporations involved. Or» 1949, the r trustees» intsnd to-request "the Federal District Judge Sterling Hutchesonf,.who Is in charge of the reorganization proceedings in Richmond, Va.,'. to refer the trustees' - plan and plans of othcr parties to the SEC for advisory report.—V. 170, p. 1595. 942,990f V as of " t3,900,332., tories:. acquired be short-term the 1949—3 Mos.—61948 if—L revenues .taxes depreciation 1 $1,273,675 ,» $1.34 - it, shar;s . Period End. Sept. 30— $1,321,852, Nil The will before received from investment stock. 10,shares Ridge Corp.-and-Central been COMPARATIVE/ INCOME STATEMENT. - had substance,, Nov. Proceeds each reorganization In *Ihdf«nefc^pw»fit from: sale oL metal i i —V. 170, the of ■ common for Austrian agreempnrs Blue boi,0u0 - .i-ii 942,900 v- Ihvehtories'of share they Corp.—Registers With into from presented • Central States Electric Corp.^—Tax Oct.; 27 filed with the SEC a registration statement $6,00,000 debenture issue to be sold- by the corporation convertible Nil-' 1947 , be determined - shortly that company covering unissued 2154, one 1,795,592 $4,051,474 780,440 _ 170, termined. laterv $2,186,852 ■- ■ 2,094-492 $4,589,310 , SEC—-u '\: J;. ' t$188.494 1948-,; • . , ___ shall Room of to $0.52 t$ 1,562,616 shares outstanding per.icommon- share__ 154,116" $360,832 $262,462 stock for the period $3,808,870 to purchase but $5,847,066 171,506 income— applic. -V. '■ Crli23Q,000 profijfc Common Earnings $6,683,802 the to the- corporation, at 2o North Waekcr Chicago;6, 111., prior to 11a.m. <CST) No*. 2.,Holders of-common stock !of record, Nov. 2, shall have the right to subscribe on or before Nov. 18, for common stock ($5 par) to the extent 39,582 deducts. Oper4>- exps., Net $416,578 Purchase of (par , Elds Carl J. '.. $506,627 t$4,449,116 — . ;;jDrive, $5,807,484 $532,338 other < basic net. iii«,1 . -Bids for Corp. $5) as shall not be issuable pursuant to accepts anccs of the'subscription offer ..to be made to the holders of the outstanding shares of its common stock. ; jeop¬ Net 1948 0*1,656,500*// decline - $6,568,923 114,879 stock common 1,575,000 307 West Stock— The'corporation- is inviting bids for whole, • of -such of 725,567-' authorized actions 1949 "Net earnings before Federal Provision for Federal taxes— Transfer 1,875,000, $416,271 Central Hudson Gas & Electric $0.06. - < - fi Months Ended Sept. 30-~ . 150,000 . 1,631 income and " Earnings.;per. .0 1949—12 Mos,—1948 $530,707 (net)_ Balance 1136. ' $68,388 ■ 175,000 and: South Common -Sold— P- 1949 — j indenture — ;;;: appropriation;-; the , re- (net)'--;."— "no are credit 1390. p. 246,550 to . $2,282,917 $28,657,104 $25,179,870 1,425,697 14,390,035 .12,915,989 97,067 2,551,269 1,999,844 193,882 3,271.877 2,881,553 282,328 shares common, be subsidiaries) " 1,277,587 retirement Gross Int. plan' 'Bridgeport Brass Co.—Earnings— , $2,512,172 oper. Other Divs. See revenues expenses Property amendments of the "ex¬ any reason the structure."—V. 1949—Month—1948 income- taxes-Other taxes : Caruthers, who said he represented a committee of 700 holding 75,000 • shares of stock, declared that- the plan be not new. trustee, until a new of-directors shall be elected by owners of the new shares. indicated,- the definitive terms supplementing the foregoing gen¬ eral provisions, of the plan are to be filed by amendment, including the proposal fcr divestment of Upper Peninsula and Central-Indiana V. 166, p. 1575. , : Light Co. -Earnings— ? Federal The •road's counsel .declared the present capital structure of the company was cumbersome and complicated and that in its present "confusion" the stock was attractive only to speculators and not to investors. stockholders & Period End. Sept. 30— ICC. the the 3 As Central Carolina Power Boston & Maine RR.—New Capital Plan Opposed— Opposition (1695) board, Y., has Manufacturers. Trust Co. as trustee under. the indenture dated Sept.v 1/1945, under which tile 15-year 3V2% convertible income"1, debentures due Sept. l, 1960, of Pennsylvania-Central Airlines Corp. (now Capital Airlines, Inc.) have been issued and are outstanding:— V. 170, p. 1492. continuing ■VV- of The the development and manu¬ facture of .knitted pile fabric materials, in the ricwly designated Borg Fabric Division.—V. 170, p. 1390.< * in CHRONICLE succeeded name"Bradley," ... &:. FINANCIAL Capital Airlines, Inc.-vNew Trustee Appointed— Banker's Trust Co;, 16 Wall St.,- New York (15), N. of the Bradley Knit¬ including related ma¬ disposed company at inventories. and Inc., sustained in The the year business COMMERCIAL must be made in New York funds* • .. i1 4 ; earnings charges after ASSETS— 69,000 $509,286 Common shares outstanding 509,326 Earnings per common share-.———__——$1.00 $449,427 509,326 $0,88 and taxes income Slate _—__ Net prolit _ ____ — . to J. Receivables Advances _— ___ carry-back taxes facture The airectors the record declared 27 Oct. on Investments to associated an other and Deferred company__ Notes 1,516,213 1.104,188 16,762,135 12,348,699 1,652,145 412,053 1,664,015 assets—__ • in each of the Accounts Bal. to —V. 170, p. Ry.—Earnings— furpjus— Acer, 1,250,167 200,000 —7 ______ ^ ;' / 7,.v Other request sell to tion Service Public Other 6%'—due the results of lor its final Proceeds such the - ' - sale stock the of application negotiations would clearance. -V. share)„„1,!___" shares of capital stock -in 170, used be (Excluding the Commission reported to 6 Months Ended— / • — by Cities Service to retire for Prov. Fed. Stats & Y., 145,205 issued Net 1 Cleveland Graphite *$436,485 $431,236 He *$577,185 : ___ of Earned lormerly was 265,699 shares- com. 562,800 share—J. per "Includes NOTE—As of 1949, 27, Aug. Mr. is Foods net a Co.—Proposed New Name—May Issue profit after Preferred Stock— of taxes months period ended Colon Development Co., Grand Name and Create Total The stocKholoers will vote Nov. 14 on changing the name of this to Clinton Foods Co. and will consider redesignating the outstanding shares irom capital to common- stock and authorizing the creation of 200,000 shares of preferred stock; $100 par value, issuable /■->'"7 7 77 \ Subject to the adoption to create initial an preferred stock. underwriters ior of Newhard, shares. series The Dumont & G. of above "Drill, . to Co. the £625,933 £459,734 1,463 900 900 public. will Dempsey, of be sell these is expected It templated that the price .hare per is of realized by the company to proposes Wholly-owned .subsidiaries, Snow into merge the and the consummation issue and sell to amount It of of is 3%% contemplated the convertible the Crop the at par mortgage . ; . . be $2,500,000 will added Gross to notes, bank loan pay loans from and accounts Reconstruction Industries,' Inc., $658,000; Inc., $318,000; pany, of Its plant C. W. Crop previous amount and year January, the 1949.. State tinued to from Net to ry. the present the y to expansion of is with Net U6ed for the Net ry. capital of the McDonald of stock of floor space the Corporation to the Industries, Juice most of and advisable facilities and efficient 377,500 equare Industries, rapidly provide to modern Juice tries, into $2,500,000 and Clinton, and sell profitably to plant and secure funds additions in part to refund to citrus directors subsidiaries, increase the consider the public loan Snow with $5,000,000 it and improve¬ finance the advisable Crop the of and to merge Juice Indus¬ Equitable convertible Life by preferred net the for share was 83 cents for the quarter and $1.49 for the third common per second Chairman the of Board, Oct. on stated: 24 "With $14,000,000 on hand, shipments in fourth quarter up the lower than expected shipments in the Important orders are nearing the announcement stags than make Sept. 30— 170, p. 930. $2,548,301 taxes 1,122,564 inc. Cr336,000 reserves rata share of res. 82,830 prior ^ 7 , 643,415 528,105 301,565 Crl65.79S —1 170, 188,391 $1,761*737 <. 514,8.64 p. .396. $2,206.3$4 .514,864 $3.32 outstand'g share per - 971,708 , years 7 .Com.-, shares Earnings 1946 $171,503148,569 1947 $1,663,315 723,812 450,000 1948 $5,215,800 2,184,416 825,000 1949 charges— Net profit: *44,138 ; income $489,503 514,864 ; $0.83 - $4.17 ... . „ $1881727 514,864 $0.25 ... , Cuneo Press, Inc.—To Pay Dividend in Stock— > The p. 1392.' directors stock, $185,227 V. 41,894 $154,878 $141,579 18,995 14,252 *10,516 1,446,278 1,452,676 1,215,260 1,256,751 216,658 225,825 "49,695 158,725 90,873 127,817 *140,175 35,809 about per $166,811 20,863 . - 5,952 ; rg 21,132 - 18,240 / time. this • 2% dividend stock on- the common '949. The date of pay¬ in "lieu of the cash dividend ordinarily The 15, Nov. stock common had been receiving . each quarter up to and including Aug. 1. 1949. The usual quarterly cash dividend of 87'/2 cents per share on t^e 3!fc% cumulative preferred stock, par-$100, was also declared, payable cents share holders of record Nov. 1.—V. 169,' p. 1777. ,.; Nov.' 15, to . a record will be made This distribution 1946 railway not 25 1947 . declared have to holders of announced. payable was declared 1948 1949 ..; . 1— railway ? railway oper. , income Danielson :7'- Oct. On 17 a (Conn.) Manufacturing Co.—Filing-letter shares ($100 par) Conn., 170, p. 1291. - '• food The to 128,199 1,453,040 railway^: income^'— , from President. Conn. ■ , notification of common was with-the-SEC filed for 244; stock, to be sold by John E. Holt, Hampton, Underwriter, Coburn Middlebrook, & Hartford, ' . Columbus (O.) Transit Co*—-Acquisition— This plants feet. feet. There was acquired approxiorange and grapefruit groves, together with a than 717,000 boxes of maturing fruit. It is now estimated that sales of Snow Crop Marketers, Inc., and Juice Industries, Inc., for 1949 will be approximately four times the its 299,965 . 1,840,496 "Deficit.—V. have con¬ throughout Inc., of sales. . 2,026,975 from ry. the more year's frozen food •. 2,-.28,000 $5.59 - for increased cost cf replacing plant faeili'ies. 8,046,155 Jan. Net Auburndale, Fla., were acquired for 100,000 shares approximately $355,000 in cash. The various plan -acquired cover approximately 25 acres, with previous ' $983,558 $1,255,990 i ! 340,166 $1,266,470 8,887,897 oper. Net over 1,876,003 $4.52 taxes share quarterly state Special 1946 1947 railway—___ from Gross 7 200% 1949 1948 $23,564,000 $25,988,000 and nearly after & in 10,128,377 from From $5,313,000. than charges Williams, of 9 Mos. End, Pro 9,811,347 oper. Net TV. Inc., Oct. 21, said: more Gross been has company portation operations - organized the of in Columbus Ohio take to Southern & all over W. Glover the of and bus The said in Porter,, the organization, trolley coach proposed that cash in for President, indicated that an fare purchase exchange in new would be price for the increase property as in 5-cent the soon and bought to\ be Mr. working caoital, the CTC would deliver all of notes amounting to $1,800,000, secured by _ Dayton Power & Light Co.—Earnings— Period End. Sept. 30— Gross ' inc. other & revs. , local Porter Prov. for $100,000 its common a mortgage, $7,241,361 $36,407,989 $32 585.533 4,539,480 4,785,126 20,756,871 20,330:240 490,008 2.272,377 2.061,402 652,405 2 952.512 'Federal 2 406 202 602,400 408,550 3,134,500 2.468,600 $5,319,089 600,541 depreciation. (other income) Fed. than - 735,334 - income 1943 *1949—12 Mos. 1949—3 Mos.—*1948 $7,941,854 Operation & maintenance Taxes possible. as disclosed,but not Co. j' • ( the formation announcing sought was trans¬ Electric Ohio The_ new company expects to begin operations by Nov. 1. taxes- to and the Columbus & Southern. Commonwealth Oct. Edison Co.—Weekly Output— Following ago. Week '• * and Enfled— Lif Oct. Oct. $5,959,936 $4,609,902 164,067 656,269 656.269 with output totals of $5,303,667 $3,953,633 the past 1948: * 1948 available : ' .. . % Decrease ' ' '7.5 consisted the of Utility 1595. 231,126,000 6.2! 232,032,000 5.2 oDerations 230,535,000 1.1 March, 30, the of Dec. 164,067 - , $927,364 $630,236 the c.omoany and Development Co. its whose subsidiaries, which principal function acquiring business of , operations of The ' Miami 1948 1948 for dividends- common "Includes consisted 234,374,000 fixed dividtnls__^_ Balance 228,005,000 1 p. kilowatthour 1949 216,824,000 $"44,303 219,979,000 8 Oct. the 709,187 $1,091,431 216,806,000 Oct. 15 —V. 170, are percentage comparisons 1,331,794 income other com¬ sales to other electric utilities, for the week ended 1949 showed a 7.5% decrease from the corresponding week a four weeks $7,291,729 60,969 & Preferred associated and excluding 22, year $905 272 372,668 Gross Int. • Electricity output of Commonwealth Edison Co. panies, $1,464,099 chg^s. Net inc. avail, for divs. stock and acres Wholesale Drug¬ National the 1292. Sept. 30— $2.20 more Profit Columbus & Greenville Ry.- -Earnings— com¬ of of about 167,800 square mately 2,700 170, p. 1949, quarter. —V. **•. • September— Net Juice-Indus¬ year, growing crop of American prospects for next year are encouraging."—V. Fed. Snow of Corp. of capital buildings current is Copperweld Steel Co.—Earnings— conces¬ railway— "Deficit.—V. 170, and citrus business. Therefore, during $7,500,000 was obtained from the Equitable Life Assurance Society through the sale of 15-year 3%% first mort-7 gage bonds.. An additional $3,750,000 was obtained through public offering of 150,000 shares of additional capital stock. During September, 1949, certain physical assets of the Wm. P. June of cost of 106,969 $1,144,715 ^ railway——-293,956 income 93,673 from subsidiary total, space and deemed loans, refining frozen the business It was bank the on floor Inc., their corri the £42,598 £80,885 - railway from sale payable Finance a in title increased of one Florida, year; the and 1948 1949 i From Jam 1— the income taxes .of $413,000: 1948 Marketers,- company's ments third for depletion made oper. from the - distribution of Snow Crop's products was opening of several important markets. Inc., located at Dunedin, Fla., was acquired during expand should 38,878 t£4,068 " t£4,144 provision has been from Net the This of Crop pay becoming revest FIa„ in sales through Snow to its to to Dunedin, Juice Industries, in prior Metcalf, President, "Snow widened at '• B. backlog 29,201 ment tries, years 46,324 i basis quarter, B. •'h' 48,414 58,512 - Juice for president of past a common per quarter of . development expenditures.—V. 170, p. 1492. . Inc., and Juice Industries, Inc., $3,924,000 (which $378,400 loaned during the current year to Juice Industries,... by D. c. Skinner, a director of the company, and members of family); m'. 33,760 !! Crl5,692 ' , September— principal working 110,799**: 36,156 7 first ■ Colorado & Southern Ry.—Earnings- Marketers, Inc., Railroad, charged against opers. includes his and profit after this On 261,674 3,515' y-rit rl 108,879 * ' p:i7 ) oil ; sions and Gross be the to 72...7 NOTE—No > derived of value ir.SS "Including intangible drilling expenditure on producing fields amount¬ ing to £75,186 in 1949, £70,868 in 1948, £20,365 in 1947 and £34,528 1946. tLoss. two expects company bonds. that > of payment merger, company first The balance will company. For the •v depreciation__ in . 7i 5,309 - v. ( in Marketers, part of the proceeds preferred stock and bonds following purposes; of of insurance an 15-year Rapids "Earnings the its company 7r 269,657 446,364 9.800" Profit will be $96.50 Inc. (a New York corporation) and Juice Industries, Inc. (a Florida corporation). Subject to the sale of the 50,000 shares of convertible preferred stock Crop for Stocks general a (an also company andl Bourne Mr. Co. Mr. Blakeslee National Bank: the Vigilant Insurance Trunk Grand 900 such aggregate of $4,825,000 to $5,250,000) and commiSoion will not be in excess of $3.50 per share. underwriting The be to £382,787 to that the firm director of the company, a shares underwriters the of one Prov. Although vhe consideration to be received by the company and the underwriting commission have not as yet been determined, it is con¬ $105 of "Before special reserve 454,784 and Decrease partner of that firm. to director of a sales "Net and temporary loan- gtn'l expsq etC-.il;_yoLu'JPii:_i >L. convertible cumulative to etc.—._ expenses on Admin.' \ proposes fees, production field Int. the company intends proposal, shares 50,000 management offering Cook the of 1946 1947 1948 " (. '--,7: is 9 Months Ended Net £591,246 income Directors' .corporation : York following New Corp. 170, p. 688: Ltd.—Earnings— 1949 3 Mos. E"nd. June 30— Clinton Industries, Inc.—To Change New Preferred Stock Issue— series. of resigned have Cooper-Bessemer Corp.—Sales and Earnings Lower— *;See Clinton Industries, Inc. below. in 1949.—V. 27, Aug. Nelfon E. Southern & Trust gists Association.—V. six the for dollars) E. who Co., of Chicago and the First National Bank & Trust Co., of Kalamazoo, and a Trustee of Kalamazoo College. Mr. Hutchins is a director of the American Boxbcard Co., ana the Old Kent Bank, & 1949. (Canadian $151,810 and Commonwealth Corp., New York. director a of Bourne Philadelphia The Thome also H. of Commonwealth Services Inc., formerly The Commonwealth of & Southern announced the election 25 of directors. National B4nk of the Bldkeslee, President of the Kalamazoo W. Hutchlns, President of the HazelGrand. Rapids, Mich.; were named to F. Co. Diug Clark of ort Oct. board and Lee Co.; Granville President $13,369,702, aggregated earned, surplus compared with $13,946,887 at Feb. 26, as Perkins H. dissolution tDefict. sale of plant. Arthur York; Furnace & Percy $2,091,075 562,800 ■ ' $4.21 *$198,232 562,800 $0.14 President; to the New & succeed 281,400 281,400 $0.76 - Boston Assistant Cashier of The First Thome, of tine $2,422,200 $83,168 562,800 Nil *'■ $511,115 profit realized on First members new Edwin Stove $149,836 The Whiting, JFu&tin: R. of three 29,164 1,583,000 City ^81,400 140,700 position to.finance its future expansion on Consumers Power Co;-—Three New Directors—• The Canadian subsidiary, Collins & Aikman of Canada, Ltd., reported ;Clinton an a 49,725 dividends dividends Number President of Monmouth Products Co. v/nen that firm was purchased last month by Cleveland Graphite Bronze Co., which now operates the Monmouth business as the Monmo..th Products Division.—V. 170, p. 881, rep.a-ement. profit Surplus Co.—New Vice-President Bronze Raymond Z. Oswald has been elected Vice-President of this company of under terms. 46,118 Preferred the same the same mortgage as the respective offered in exchange. They will, however, be indenture from which these limitations are removed, are plan by which the company hopes to place the most advanCorp. and Harriman Ripley & Co. have been selected as Exchange Managers to handle the proposed ex¬ change offer.—V. 170, p* 1493. > "} ;■ *'' ' 70,000 330,000 notes payable— on 7 effective at the time when all the presently outstanding first refunding .mortgage bonds have been retired; which company therein. These steps are part of a 8,137 Cr220,000 contained now will be secured by which-they tageous 294,732 370,940 taxes. Treasurer. tma inc. limitations two , 30,451 . the SEC new bonds for 396,867 . „ Outstanding Bonds—Plan Will Facilitate the maximum maturity date of 1999 for. such bonds. 27/a% bonds will have the same maturity dates, The Aug. 30/47 Aug.31/46 $456,037 *$4,300,063 Aug. 28,'48 $1,178,294 397,035 invents., of pensions Common ~ of call prices and Subsidiary) Canadian $313,073 Depreciation Write-down week: mortgage second, unchanged. - 1595. p. 993,500,000 These limitations are, iirst, the maximum of $100,000,000 of first refunding mortgage-bonds which may be outstanding-at any time and, 197,361 777,515 9,112,986 10,347,847 J?r964,543 982,217 14,008,487 11,680,953 Dr964,543 treas. ? . (& Subs.)—Earnings— Aug. 27,'49 Net profit, incl. oth. inc. Int. of owneis.np charge 153,378 Collins & Aikman Corp. heads a group which has operates a factory at Naples, N. Y. Mr. Brenna is the new President; Carl Ostberg is VicePresidentin cnarge of sales, and Don J. Volpc is Secretary and in ; 1,089,234 a ; 6,000,000 384,328 to 1,500,000 shares authorized, which will remain 881. , v.-,/.. . ,r.v:v p. week amounted to same first re¬ bonds, aggregating $56,660,000, will be offered the right to exchange into new bond6 bearing 27/e%-interest,".in-the-event that the company stockholders at the special meeting called -on -Nov. 17 authorize-changes i» the ^mortgage-- indenture, designed to effect the funding —______7-1,—$49,345,533 $30,225,431 170, the in gas with 1,232,000,000 cubic feet in the same a decrease of 19.4%.—V. 170, p. 1595. Financing for Expansion— removal ^ 1— —3—7-777. Total' of year, company Oct. 28 filed a. registration. statement with which holders of the company's series Q and R«2z,4'/< under 21,068 7,5QO;OOO ;—i—i , , '"Thomas H, trenna of Rochester, N. over 22,581 — 26,520 The 320,000 1951-1969 Earned' surplus Clapp Shog Co., Inc., Naples, N; Y.—New Control— taken ;• bonds—due 1964 ($18,820 secured)—2% preceding Future —— due 1950 (4% ) debt— "Capital stock (par value $1 Capital surplus that requests be • would debentures.—V. outstanding —; payable to banks.. payable kwh. cf 2.4%. compared for $56,660,000 285,000 -— liabilities (3%) are that local distribution of elec¬ 1949. amounted to 214,800.000 kw i., for the corresponding week of last; announced 26 Consolidated Gas Electric Light & Power Co. of Bait.—- 139,800 long-term "There Oct. on increase itself in reported, $2.01 Registers Bonds With SEC—To Be Offered In Exchange Co. previously $1.34 . d.str.bulion feet, the 1,110,668 — . sinking fund 3%% notes Other the sale be exempted ir.m competitive bidding in order that a negotiated under¬ writing of the stock-might be undertaken. If the exemption ft granted, As 2,152,490 50,000 on expenses—estimated notes hearing upon the application of company for authoriza¬ 2,i00,000 shares ($7.50 par) common stock of The Ohio a income—estimated_ payable to RFC interested persons until Oct. 31 order giving SEC has issued an The to $1.40 $3,102,077 416,953 _ Notes Sale of Ohio Public Service Co. Stock on 527,596 of 1,703,063 —.— current Cost of Hearing 2,853,346 taxes contract First mtge: ' SEC etc._ commissions, int. & taxes Serial 7.; • . 1,004,532 $2,027,077 1,005,394 outstanding with' 209,900,000 an Local cubic required Off-season Co.- (Ohio), Fedefal Liquidating Corp. <Deiawarer, United Fuel Investments, Ltd. (a Canadian holding company), and Quayaquil & Quito Railway Co., an Ecuador railway r 1,075,000 $1,348,531 1,005.582 share 688. p. company year, 983,640 consolidated has :company^:-7^ 892,500 $1,413,044 — shares per compared 500,000 — to revest in consolidated subsidiary title to leased plant facilities Accounts payable to affiliated companies—not x>rightnian Manufacturing The state and Payments received SEC authorization to form a new cor¬ poration tv wnich it wouid transfer $5,402.20 in cash and certain portfolio securities- having an aggregate carrying value of $2,224,598." v The new company, to be called Cities Diverse Assets Inc., will issue 22,300 shares ifcloO-par), common stock to Cities Service in exchange for the latter s holdings in The Community Traction Co. (Toledo,Ohio*, banks to payable—trade, expenses, Installment 1492. company payable salaries, wages, Federal 1949—9 Mos.—1948 81,850,891 93,137,499 $333,220 $250,094 Cities Service Co.—To Form New Company— The 2,241,031 930,000 tricity for the week ended Oct. 23, notes 1949—Month—1948 8,776,890 10,104,188 $5,377 $31,775 2,343,044 — Consolidated Edison Co. of New York, Inc.—!-Output— $802,513 loans—secured Period Liu. Sept. 30— Rev." pa^sen^ers : taxes of 170, The Serial Street —V. payable: Unsecured after Number $49,345,533 $30,225,431 - - Other Cincinnati 1949 1948 1947 $16,328,000 $15,591,000 Not. Avail. 30— taxes— — Earnings 103,160 $5,926,860 this year, while in 1943 four quarterly dividends paid.—V. 170, p. 1595. were publications, Inc.—Earnings— — earnings before Net LIABILITIES— first thrfce quarters 0.1 each sales Net 24,599 — charges of SI Conde Nast 9 Months Ended Sept. 63,800 46,579 ____ per share holders ox $1.50 of dividend a City, Mo., is underwriter. 2,491,074 Net Property, plant and equipment (net) Intangible assets «_■ Dividend— outstanding common stock, payable Dec. 12 Nov. 14. Distributions of $1.25 each were made of President is Kansas Taxes for Total on of Weltner of 1,445,417 41,265 —_ — statement with its capital stock. Machinery and equipment in process of manu¬ ordered Chrysler Corp.—Declares Increased losses operating of 31/48 $2,238,855 arising of subs income, on open-end investment company has filed a the SEC seeking registration of 200,000 According to the prospectus, Adoiph E. the company and A. E. Weltner & Co., Inc., organized newly shares Dec. 8,724,958 purchases Federal —estimated five 300-m.p.h. Con¬ stellations irom the Lockheed Aircraft Corp. at an approximate cost of $5,500,000, including spare parts. An advance payment in excess of $1,000,000 was made to Lockheed on execution of the contract. The remainder ol the purchase price will be payable upon delivery of the airplanes in 1950.—V. 170, p. 1291. K — -Li on Refundable from :—-. 1,871,317 3,600,133 19,011,680 18,713 (net), (net) Inventories H. this countiy it Caracas, Venezuela. In September, 1949, this corporation This registration June ?0,*49 $4,424 967 ' - - securities Marketable Cooper, Vice-President Finance, approximately $389,000 01 the 1949 net profit was earned on the company's domestic routes and $120,OtO on Us international operations which extend from According ( • 1——: Cash / Boston—Registers With SEC— Concord Fund, Inc., improve the financial position expansion of this company. the continued permit CONSOLIDATED BALANCE SHEETS $518,427 $951,286 —L--. 442,000 Federal will materially will financing and Clinton of Monday, October 31, 1949 CHRONICLE FINANCIAL & 1948 1949 Sept. 30— This stock. Chicago & Southern Air Lines, Inc.—Earnings— Nine Months Ended Net COMMERCIAL THE r(1696) and seven from and holding real estate against future use it* of the comnany, and which was dissolved as of its assets distributed to the company; and the small utility United Public subsidiaries Utilities which Com., and were whi^h attd by the company as separate utility companies from acq'dred war» irx oner- March 1, 1943 Volume 170 to Sept. ment the 30, and Number 4851 ' 1943 at which francnises date 1948, these subsidiaries became inactive.—V. all the distributed were utiLty operations and functions ceased 170, *THE utility to to the of as operate utility as companies Sydney N. Goldberg has been appointed ' .* Hudson September— Corp.—Earnings— lr.m. Net from Net i > : 1949 1948 1947 $5,237,693 $4,344,065 1,376.239 857,132 '926,393 399,878 ry. Nine Months Ended Sept. Beer and ale shipped 30^ •; (bbls.)^.^^™^™^ Net income Earnings from Net ry. income™ 430,087 170, -1946 Gross ry; Gross 32,136.182 5,856,751 10,302,039 9,033,159 4,584,312 2,566,309 5,412,103 4,317,040 2,622,639 railway.—. Net from Net ry. from Net ry. $6,374,223 $6,621,962 1,219,923 1,120,869 v —V. 1946 2,127,295 706.608 .. 1947 $7,813,794 1,517,141 income*. railway 60,830,917 893,232 256,294 59,285,297 50,373,196 12,602,340 6,728,0.1 4,763,256 17,942,255 5,955,391 and Jacksonville uses will be Inaugurate Aircoach Service served full-fare flights. intermediate as Cincinnati, Atlanta aircoach service the of traffic and sales, said will consist initially of one round-trip flight rates will result in an aircoach fare daily. reduced of ry. Parker revealed that Delta is currently engaged in converting its DC-4 fleet so that these ships will be usable as a 43-seat regular day ship or a 56-seat aircoach.—V. 170, p. 301. Derby Oil Co.—Listed ry. business York par value $8, has been removed frdm the New York Curb Exchange as of the on Oct. on 24, 1949, when it Stock Exchange.—V. 170, admitted was to 30— 1949 listing opening dealings 1948 $ " Cross earns, from Operating Approp. and trie of plant Taxes $1,501,871 $1,341,903 18,939 $115,028 14,311 loy,o5o 178,653 'i $127,217 $100,718 $1,342,185 $1,163,253 67,500 67,500 surplus $1,274,615 $1,035,753 $3.34 $2.87 .(net)— , requirements applicable Earnings per —V; 170, p. to stock com. and share (381,994 shares) 1189. ' is j $1,298,131 ' • for 10,905,399 9,488,61" 8.,745,000 8,070,000 7,320,000 429,070 429.079 to 56,293,169 income taxesi;. 11,228,200 9.752.426 Sept. 30, taxes.— 7,326,000 3,569,000 4,396,000 18,794,986 14.973,964 14,928,464 56,915 336,791 181,677 18,851,901 15,310,755 were The 5,433,873 the : 13.222,817 declared._ or 9,876.882 8,396,251 Balance • consists cents •Based on 8,395,261 in of approval of the sale Springfie d (Ohio) Suburban 1,431,620 $1.50 share. The stock RR. stock common Pennsylvania Co. control was railroad this in urged two urged ICC examiners Commission $16,000,000 with of Oct. in partial 27 September— and two by ICC at $39.31 Miss G. buy for a 5,100 each. M. Eddy) also proposal to issue Under its agree¬ worth AND YEAR TO 1948 DATE 17 The 11,519,687 9,694,810 4,258,853 4,633,352 4,116,355 2,238,261 income 2,170,159 2,527,294 2,218,703 1,219,161 this share shares Both Be offering, consists of 175,000 shares of will which -it to represent Offered increase of 7% for an lines from has Dec. shares the At financing a move be aggregating j;y made Jan. 4. 1950. $7,787,500 from Dean Dec. 15, the first Pont sa Jan. Common stockholders of dividend provides one share for each 40 shares d, and will be pajable Jan. 16 to holders of record company . .. also 18 • .. paid a " . declared to cumulative second preferred The common Jan. 15 like 2V2V2% stock dividend 011 . stock holder cash stock, stock; .and in 1949 dividends of. record preferred 40 cents received on Jan. per A; of classes all 3. follows: *s 81V* share cents on stock,' . .. $1 per common cash, distributions" April 15, 25 cents each; and July 15 and Oct. 170, p. 1493. ' & increase V.;.''.;.:-1'' months of 1949, nine of 76 cents share a the over to of be tendered resulted from the com-:/, dividends on General Motors' by lot for 169, redemption 169, p. exchanged cash Co. ment of and Dec. values 30. will The Aug. and SEC (about for 3,000 $10 each). to selling go to shares ' in of ; was stock of Oct. common letter a 1. 1949, been corporation cub'c million provision for 1 -.i, ' - "Because of its corporat'on released is tendered common approximately stock, preferred stock of St. $436,000 in expenses an-rox'mately distributed that said feet the Regis before connection 23% in 170-mi'e a o' line's 22-'neh dahy to importance Co., Oct. on dividend at pipe t'^c to which feet daily. In to bring natural of eastern Tennessee been asked is Greenbriar, mission has line, extension of the Cak the of exchange pay¬ with the than mora based on assets net therefor.— 535,685 $961,967 $1,030,283 $1.93 $2.19 $2.39 as - per share stock. " .follows:. 15, 40 cents, " pipeline will initially R'dge atom to in liquidation this * Dividend^- final time these the 170, 90 cents holders stockholders but distribution, of to 1949 for record and 1081. of 1, their should time ; the on Nov. surrender certificates amount p. share per of to retained: be cannot which ; to apnrove Products It to will have Erie RR.—Equipment Trust Certificates— ICO Oct. on 18 authorized the compaii/ obligation assume vo liability in respect of not exceeding $4,300,000 scria. equipmentcertificates, to be issued by the Mar.ne M.dlrnd Trust Co. of York, as trustee,.- and sold at 9,0.461 ard accrued dividends id with the procurement certain of equipm-nt.—V., 170", new 1493. :/ was Chairman, the pine canac'ty of supplying Oak Ridge, the winter. The Federal construction of an and Mary- Power 18-mile Com* 16-inch Ridge line, to supply these cities.—V. 170, Co.—New Sales Promotion announced on " Oct. as board of directors on.Oct. 27 called a-meeting of stockholders Dec.-15, 1949 for the purpose of electing nine directors of the com¬ The record date for stock entitled to. vote at the meeting was pany, close the as board board of business of also the elected Nov. James D; The new directors. 16, 1949.; slate -,:.V'(5^ ^xisilng vacancy : . Mooney to fill an directors of nominated by as for election board Kornblith, at the stockholders' meeting con isis of Howard Christensen and Harry M. Cole as directors of- the Leo DeOrscy as director of the second class; and Ben¬ H. E. first class; C. jamin F. Pepper, R. J. Hodgson, Chester J. Alger, James D. Mooney, Patterson, directors of the third cla.s.^—V. 170, p. 1497. Grier D. Period End. Aug. 31— Operating Oper. 'it? rv'v v' Net 1949—Month—1948 $114,191 and 1949—12 Mos.—1948 $1,808,729 l,756,d8l '»1,706,384 $1,632 $147,506 5,568 $1,366 ; $1,904,338 45,742 taxes.. $124,999 123,367 *$4,876 revenues exps. $7,200 119,067 i • income..*. oper. Nonoperating inc. (net) >" $102,345 - 60,412 Gross income—— from Deducts, 63,935 .4,649 4,718 $53,003 $25,598 '$2,783 $2,482 $154,915 $145,732 $2.34 ,Net income Earnings per capital .share ♦Loss.—V. $2.20 170, p. 1189. Fiat (Turin, Italy)—Removed from The value American 200 ,$171,330 in- gross (nct)^ come $207,913 Lire, depositary were receipts removed from Listing— * representing capital stock, par trading on the New York unlisted Curb Exchange at the opening of business today, Oct. 31, ' / The agreement between registered holders of outstand ug American depositary receipts representing cepitai stock of F.at and Tno Notional City Bank of New York, as depositary, has been terminated pursuant to the provisions of such American, depositary receipts effective at the close business oi Nov. on 1949. 1, All ho.ders of s American cn depositary receipts have been requested to surrender - their receipts., to National City Bank of New York to receive in exchange tnerefor The the Italian in said shares of capital stock of American have change been depositary suspended Fiat represented the;eoy. Dealings on the New York Curb Ex¬ receipts since Dec. 12, 1941.—V. 154. p; 796,';' (Calif.)—Expansion— / / corporation, which operates 28 supermarkets in the Los Angeles area, has acquired all of the outstanding' stock of Fred Roberts & Co., which owns the controlling interest in Roberts Public (Calif.) Markets, Inc., operators of 18 grocery stores and two large warehouses, and the Fred Roberts Liquor Stores. The purchase price a bank of consists Co. cf Roberts valued The unit was of loan it is , , understood asset of Fred the share. per it stores, under not was There were reported, the Fitzsimmons will & some liabilities. be operated as a separate ("Los Angeles Times.")— name. 448. 168, p. 'V'v dea) Roberts approximately 90% of the 28,523 outstanding shares Markets, Inc., capital stock, understood to have been around $78 at but Principal Public Roberts and r not disclosed, $2,000,000. if*. 25 ^'r£ Manager— Advertising and Sales Proby Arthur Keating, Presi- Fort Wayne Corrugated 9 Months Ended Net No. Paper Co.—Earnings— • Sept. 30— ' earnings of shares 1949 *1948'' $339,914 —— common outstanding____J__™__ $1,337,905 323.906 323,906 ' Earnings per •Included common the share, leased July Corp., common in 1948, share.™. 1948 resulting Hartford City from are jute M:il. $4.13 $1.20 earnings totaling 46 earnings paperboard sales the trade the at in the company's affiliate. The Southern Paperboacd its main source of raw material. The company's profit accrued in this affiliate for the first three This operation to cents was discontinued when became common the share quarters of 1949 amounts to approximately 60 cents, wh'ch increment formerly served as Advertising Manager of the Chicago ':■ ? eou'tv is not reflected in the above earnings stat-rmriit. Cinema Products Co., Advertising: and Sales Promotion Manaeer of the \ an. .. ™,narvCf Precision Scientific Co., and Consultant on Marketing and Promotion.-- ~ -H- M-Treen. President, stated that the industry and the company In the latter capacity he was retained bv several firms for creation currently have recovered normally anticipated volume production, but that increased.. costs, and lowered and price levels accounted for lower production of special promotional materials such--as animated earnings, industry wide. The immediate outlook for volume production films, transcription dirks and radio programs dealing with refrigera¬ is good: and tors, electric ranges, cameras, office equipment and small tools.—V.-170;1 prices. appear to have reached a level-of stability.-— V. 170, p. 303. ■ - .1, • P- 1293. i Mr. ■ r The for involves a. to the Knoxville, A'coa appointment of Milton B.-Kanter Manager for yet as • • v* <«.' u *• ( being constructed by the Oman addition this ommon. 1949. It stock cor* Eversharp, Inc.—Stockholders' Meeting Called— deliver plant. national security, the Tenn. gas 473,911' This gas V' 'Jy'r-lr-i' and 393,128 $822,297 Fitzsimmons Stores, Ltd. natural line Oak £ p. 1081. ,mntion 387,187 announces that the directors at a authorized the payment of an additional 27 Nov. i. 10, payable determined.—V. V. is cubic million vdent 6,341' $1,509,194 $783,426 : - share at the and Inc.—Pipeline Contract— announces this line is expected The 2,309 $1,497,652 * «fis being equipped with fully automatic main line valves and w'll be buried throughout its ent're length to minim'ze the possibility of sabotage." the announcement st.eted.-"No expo-ed spans will be per---' mitted and multiple crossing will be provided at the major rivers to Ekco 3,687 $1,215,4231 1597. tificates be 17£. dat^d ' no •'*: - the the 771 1493. p. an $1, ,02,853 Fall River Gas Works Co.-*-Earnirigs— , have corporation areas $1,495,343 $1.82 necessary the the the construct'on, v:lle 504,588 $1,211,736 . be next, l. the Atomic Energy Plant at Oak Ridge. Tcnn.. will be com¬ pleted in December at a cost of approximately $10,000,000. This corporation, which has designed the l'ne and and is snperising 60 612,804 446,521 $1,169,842 not and There , stock amounting liabilities of 666,823 423,099 ^_™_. held part al stock, in exchanges nrde under the proposal the;outstanding preferred stock is retired and, of 457,463 inc. charges... p. connection Regis preferred cash of 424,*32 715,065 Redemption-— Proceeds * result a 586,441 785,783 364,620 than com. per meeting fixed with York. for date. St. of current 336,159 550,800 Engineers Public Service Co.—Liquidating .p. on at-market outlined Sept. \ on that is 850,271 985,273 6o2,398 485,504 '§t Jason C. Leighton* President, New 2208. p. 1881. filed was completion of the exchange of all of the the corporation will hold 765,143 shares of Paper 73*,523 exps. repairs- 1948 $6,,829, *67. 2,,218,856 511,973 170, trust proposal 9,006 shares of series A preferred and 18,465 series B preferred, or a total of .27,471 shares of the shares 2,243,431 cents Co.—Proposed Merger— notification pnd expired of $7,214,553 1,536,633 600,615 other Tho drawn 1949—12 Mos.- $5,173,288 1,468,634 Kanter . on scries and each.—V. manufacturing importantly to discharged from all claims to arrears of dividends on the tendered stock, amounting as at Aug. 1, 1949 to $2,814,838, plus the right to be paid $10o per share on liquidation, or a total of $5,561,933. After giving effect to the exchanges under tbe plan, there remain outstanding 30,994 shares of series A and 41,535 shares of series B preferred stock as well as 572,132 shares of common stock. Upon the 230 fy ^ on third - of 20..The & misc. income Earns, the over the operating activities and 79 from holdings of General received year, 50 cents frcm Starting point of the l'ne, 20, 1948. Board payable enlarged contr.buted the Du dividends prcced ng Co. stock 1949—9 Mos.—1948 $5,3.4,714 exps.. $1,170,613 & Net the beyond Construction if :' '..." ; ; 534,903 to ]■; for author zed stock The months per.od last year. Sales quarter of -1948. » earned 26 nine be encountered " stock, common 1949, will have the option to purchase one share common stock hold. The employee stock pur¬ chase plan will be similar to the company's 1948-49 plan under which employees purchased stock on a payroll deduction basis. Mr. the supply approximately 70,600 shares offering price of $44.50 per up. will of estimated is employees. taken are 50 as each for like product Ebasco Services 1292. offerings record stock common Paper Co. and paid $125,425 in cash. All of the tendered shares of-preferred stcek exchanged by the cor¬ poration are to be retired. As a result of the retirement of- the 7,162,482 of 3,199,127 -4,005,020 Sept. 30— (other 1943 the common 170, 11,520,599 stock 10,263,073 5,896,887 taxes) *$2.09 outstanding preferred stock were tendered to the corporation and in exchange therefor the cornorat on transferred 234,857 shares of 1— said, 13,691,039 Income taxes Int. 1949 four-for-one sales "production Of Taxes 225,986 available 12,341,818 __ Sales and — corporation's written proposal dated Aug;. 30, the . holders of: shares of the .corporation's, series B.preierred stock, providing for the voluntary tenders Paper of V. 388,934 172,G10 total be (Inc.) sales." and of proposal market The directors on Oct. 25 authorized an employees stock purchase plan, an offering of stock to common stockholders and a 2!&% stock .dividend, according to Leland I. Doan, President. Dor.n its $761,500,000, that letter a shares Regis 27% Stockholders and Employees—2%% Stock Distribution— The adm. —V. that common such the to 180,258 18811,205 Total recent St., >New York^N. Y.—V; series of Stock 320,432 28,264,613 revenue.™ Maintenance 1596. been results and its Mr. the stock, to be oifered Underwriter, Homblower & Weeks,. New stockholder.—V. 170? p. 204, 1946 Co.—Common 919,851 34,203,051 Net oper. revenue. Other income $2.85 the stock. p. have of $942,675 523,027 Chemical 387,134 34,733,231 __ income oper, Gen. 136,231 *263,280 ~' ' to share a the of Oct: shares 1947 567,201 p. will 676,191 157,163 ■- Eastern Stainless. Steel Corp;-^Fiiing— $974,597 339,700 . 717,936 1293. p. Produc. & distrib. - disclosed from 170, William 22 $1,314,773 378,689 oper. Dow 857,391 proposal. railway— railway from 170, and $105.50 202,204 Jan. ry. to deliver up to $16,000,000 the stocks it is buying.- $1,155,521 from Net at want may 1949 • railway— from railway ry. oper. income.— Net Corp. RR. Pennroad Albus SEPTEMBER from From Erie the Pennsylvania's sinking fund bonds. payment FOR : 1,917,800 2,667,100 through opeiation of rho sinking ffHid. $200,000 first mortgage bonds, sinking fund series due 1961, at 101.67 and accrued interest. Payment wli be made at the City Rank Farmers Trust Co., trustee, As EARNINGS Gros> of Pennroad, Pennsylvania securities Gross from trust Pennroad the (Paul C. approval collateral from and shares of Springfield Suburban The 3,398,400 Virginia Electric & Power Co.-below.—V. Under Co., an investment affiliate of the Pennsylvania RR., a Pennsylvania subsidiary, plan to buv 245,329 Ironton *57,210 . • 3'/4% ; Pennsylvania Wabash *6,973 27,983 178,056 effect - of $214,400 82,330 21,374 . Gross 1946 $327,600 share in operations extension t and $390,200 i 102,950 19,038 East Coast Electric 170, p. 1596. of • $2,4o9<920 941,818 5,082,293 __ railway„ oper. 170, ana of 2,506,175 $1,41 examiners. The $269,300 ' share $2.06 period pany's A Ironton The rail way Period End. V" 1947 Eastern States Corp.r—Results of Exchange Offer— RR.—Purchase of Road by Pennsylvania Recommended— shares 1948 1293. certain a share stock.—V. shares & 1946 $3,111,564 1,832,144 Empire District Electric Co.—Earnings— Ry .-^Earnings— 1949 151,637 said common The f 8,013,931 $1.89 6,997,430 shares.—V. Detroit Toledo ry. over increase a On 10,520.127 4,826,566 share per froin Net 6,203,664 totaled company 1949 St. income Net 11,294,695 8,247,972 p. 1949, addressed to paid 25,089,784 15,334,453 9,126,449 corre.jponding 5% The: $2 85 . 4,590,015 inccne 30,960,257 17,641,443 *308,100 also the capacities 15,110,142 5,629,584 utility operations corporate income Deductions from income dividends 36,644,638 8,542,392 —V. ,1947 $3,960,099 income.. i. oper. 1948 r , 1.059,989 __ January 1— from 16,833,340 2,437,400 give 1949, for 9.233.391 income Gross Net ry. From 1949 $3,526,118 railways railway_^__ The . income Cash Net 37,947,990 . volume 504,410 ' Fed. from from elec- and from Net Depreciation 170, company There 67,897,640 reserve $5,192;84G - common per quarter $ than est. Bal., inc. Other franchise Elgin Juliet & Eastern Ry.—Earnings— Gross - . The 1947 $ 11,,612,017 acquisition adjustments (other Prov. ..on dividend : Balance _ Eastern New York Power Corp.—Partial 74 ,662,500 repairs— retire.* (deprec.) to Amortization share deducts, income_______. Gross income oper. ♦Adjusted the on utlity operations 132, ,797,774 115,597.510 102,169,553 expenses Maintenance of Pfd. 1,867,683 i 9 Months Ended Sept. 30— See 12 Months. Ended Sept. ^,335.913 l" l,7o2,*03 (E. I.) du Pont de Nemours & Co. 1080. p. 3,197,407 1#9o9,912 Earnings Higher— 1 ke Big Board—-* on stock, common registration Dec. 43,775 $146,156 ™ September— ^ 1946 3,653,616 railway railway from Detroit Edison Co. (& Subs.) -Earnings— .as Net v. 1947 .• 1<— ♦Deficit.—V. Motors' The • 1,466,474 from split. plans to operate during the season 10 flight departures daily from Chicago/ consisting four-engine flights (DC-6s and DC-4s, including DC-6 non-stop service Chicago to Miami), two twin-engine DC-3s and two twinengine cargo C-47s. — Mr. 1943 . iricomq*—;-:y *28,769 oper. Net $49.85, six The 1 j,.4o 1293. From January Delta's Florida held. 3,189 , 2,870,165 _ railway—. p. Earnings Vice-President plus U. S. tax, from Chicago to Miami. Including the aircoach service, Delta lor income Income of $5,491,939 •_ railway income— 170, Net points between Chicago : Parker, C. He said its on Miami. Laigh all $6.82 $6,145,925 ' Gross from railway____ Net from railway ; Douglas DC-4s that it 1 income— oper. Net - $1,482,726 2,560 $492,985 , $5,547,915 _ September—,'. . —V. $111,839 (net)..— 1949, shows total current liabilities Duluth Winnipeg & Pacific ; 2,530,269 income 1292. ' p. 68,395,957 16,223,980 Delta Air Lines, Inc.—To Net $143,-597 $5,584,978 548,723 .J. 10,744,4o2 railway...— oper. 170, 1948 The corporation on Oct. 26 annoupced plans to Inaugurate aircoach service between Chicago and Miami, effective Dec. 16, with four cents per mile fares averaging 37% less than present one-way'airline fares. The company will operate the new service with the same four-engine Net 379,248 ' $1-32 1— from from ry. Gross of Sept. 30, on 1949 - railway- oper. Net ' ^ , railway—.. Jan. Net Earnings— 1— from ment income Gross Missabe & Iron Range Ry.—Earnings— from From railway— Jan. Net RR., 448,147 $790,965 v:' $2,106.U66 and current capital of $1,124,406, On Gross 38,924,430 1949 oper. From *Net ■ ■Utility oper,'income.w 1948 $981,660, leaving net working Sept: 30, 1948, current assets were $1,621,370 and current liabilities were-$1,458,917, with working capital $162,953.—V. 170, p. 1493. , ; • , 1292. lrom from Net ■ " taxw.^&-wi*Vr of :'Duluth 44,762,401 income p. Net New 1949 * . 37,495,088 September— of and The consolidated- balance sheet r Gross and charges share. September— railway oper. 735,534' • Delaware Lackawanna & Western RR. oi after per 666,714 railway oper. Net and 1949—12 Mos.—1948 lJ4ii—Mont..—1943 $o00,222 $463,174 $5,70?,8 tO $3,217,593 312,625 -w ,351,365 ' 4,227,1.14 3,919,462 , ."■* $4,12*,553 733,826 Co.—Earnings— \ revenues __JJ Oper. exps. arid -taxe's—: Other $3,955,165 railway From January 1— Gross from railway —V. Operating 5 . Gross —V. RR. El Paso Electric Period End. Aug. 31— ; DrewTys Limited U. S. A., Ltd.—Earnings Up 60%^- assets & (1697) Industries, Inc.—President of Unit Resigns— of Unit— , Delaware CHRONICLE M. Havekotte has, resignedaava director of this company andPresident of International Derrick ^ Equipment Co., a wholly-owned a . — FINANCIAL subsidiary. The executive oUlce«*wt International, now located in Cleve¬ land, Ohio, will shortly, be moved to Dallas, Texas.—V. 170, p. 1293. Viqe-President oi Deeca * Corp., a wholly owned subsidiary, it was announced • Oct. 23 by -MUton R. Rackinil, President of Decca. Records Inc. Mr. Goldberg, who has been General Sales Manager of the Distr.buting > corporation, .will continue in that capacity. He has been associated ' with the company for' 15 years.—V. 170, p. 882. Distributing & Oscar as and "V.v ' . Decca Records, Inc.—New Vice-President _ Dresser - v that 882. p. plants property, equip- > company which assumed date. As of Sept. 30, COMMERCIAL ... .. . • , . _ .. . G 7 $1,156,344 railway _____ 250,295 income— 103,102 wet cper. ry. from Wet Wet ry, —V. ' 11,483,335 3,025,801 11,939,651 10,810,691 3,232,979 1,342,546 1,589,165 1,626,211 553,970 * Bond 170, p. 1294. $607,840 399,058 .... 41,850 44,056 Net $77,866 * opei/revenues. kfcome $136,795 Total 26,141 72,653 100 :;r Drim 202 :*• $77,966 $138,925 s $157,025 - $154,873 directors The the income 40,599 41,777 51,587 of 3U.402 46,792 25,355 payable income —V. 163, $28,145 — 1581. p. Sixteen, $65,925 $98,456 $77,935 accumulations a'dividend The share per 1950, to made on tnis ■ ' was at Oct. as record Dec. of holders 3, Jan. rearages . in issue 1 'v , Gross 1949. Ar¬ of income taxes.—V. 170, p. 1294. reported to be $697,036, after -o Gross Int. 1946 1947 $1,781;209', $1,488,404 72,320 73,500 fNet profit ffd, tiiv, rtquirem'ls-:- $1,413,377 .48,417 *Ba&ed upon (and in 1947 after first the for months of nine 1949 2% were 170, p. 786. 2,676,064 higher than' Net $6,304,973)/$3,731,320 $441,859 >* General " ' - income ' /./,/VAA-V $ Brewing Co.—Earnings—Extra Dividend^-. Oosts,: from Other ' - Edwin Anderson, J, suffered industry conditions." a President, said that"beer sales lor the entire reversal in September due to unusual weather income Federal directors Oct. on interests :^7,817,583 V:144,073,720 " 48,000,000 60,000,000 $503,490 "After $1.32 share—_ per charges and Federal income taxes. 816,/against $18,734,051 983. ; . in — , 67,612,879 $1.02 'A A $2.34 $2.91 - G. New Home Net from Net the y*. 10-cubic-foot and 8 fceen added // Other 1 period of 1948.—V. 170, Ry.—Earnings- ry. Gross freezer and combination Net lower-priced models of both regfrigerator-home freezer 1948 1947 $4,792,000 $3,747,000 459,024 1.339,591 978,578 35,315,000 38,082,000 33,368,000 5,544.629 • 6,747,277 3,475,082 6,289.081 "249,726 2,591,440 by income refrigerators which are being, introduced include a apartment house model, two 6-cubic-foot models, three of ' : t , ,, o General Foods Corp.—To Merge on Dec. Iglfcheurt Brothers, 15 Subsidiary— will consider merging into this corpora¬ Inc.—V. 170, General Motors Corp.—New A. p. 883. recently toJ the advanced post of executive in charge of the oro- General Outdoor 3 Mos. End. Sept. Operating Expenses * 30— revenues Advertising" Co., Inc.—Earnings— T949 >1948 $6,441,934 , income _L_ 4.790,708. 1946 >1947 <$6',139,628- >$5,954,143 4,924,021 > Operating profit Other 1597. p. - $5,275,918 4,648,201 4,105.875 Oct. on the reimburse to in constructing The $1,517,913 $1,348,919 ' $1,307,942 7,427 "-Dr58,622 66,156 353,948 "338,150 "112,801 $1,170,042 Dr24,932 properties were sold on April 27, 1948.— "763,199 24,786.000 company's the applicant company to Issue four secured to be which • to in territory served are con¬ the of most reimburse in Spring water service southern Rockland in County, ,N. the Hackensack River watershed. capitalization the of , its in treasury and part the for construction the for ; subsidiaries .on and company $15,000,000; 1948 was as follows: First mortgage 2%s> due 1976, Dec. 31, The ^consolidated- book . $29,387,000. $6,200,000; total capitalization and surplus, earned surplus, indicated, 1948 stock on Dec. 31, the common of value •was-approximately-$45 per share. 12 Months ACCOUNT INCOME CONSOLIDATED COMPARATIVE Calendar Years- —— —• 1947 1945 1946 June, 1949 1948 $5,087 $5,022 Operating *3,088 1,370 1,189 314 257 371 368 359 1,267 1,178 417 452 525 $1,211 $1,251 -1000's omitted •- expended of these Equitable Life Assurance Society of the United States. The proposed loan will be evidenced by four promissory notes each of which will be in a principle amount which represents from 60'.* to about 66'( of the total cost of one of those terminals, and will be secured by a real estate mortgage on the terminal property to which the note applies. The applicant represents that such refinancing of these construction costs is necessary to maintain its current cas'n position and to make funds available for future capital expenditures in connection with other building projects. 1 land Supply has a subsidiary, Spring Valley Water Works & furnishes Oper. revs. And other inc. the agree¬ water of Spring Valley Water Works & Supply Co. first mortgage 31,7s, due 1974,. $500,000; common stock, 207,500 shares, $25 par each, $7,687,000; terminals. acquiring on perpetual. consolidated The total location volume company's franchises estate in amount not exceeding $559,amount, the proceeds to be used treasury in part for expenditures made principal the line which Valley and several otherY., this territory being adjacent to the company's-service area in New Jersey. ; The Spring Valley subsidiary obtains its water supply from driven wells. The com¬ pany also controls several other Subsidiaries which own unimproved real completed in each at Weehawken and Union City on the the north. The area consistssof have a total population of about lrom State an additional water supply through a purchase into with the Passaic Valley Water Commission. the The company motorbus terminals. terminal York tributary 1948 The report of the Commission states in part; motorbus been supplying water service Tor territory served is located in northern The obtained sidered Co., authorized Co.—Brief History, Etc.— predecessors have . . 1295. 18 new Recently the order $995,385 pumped by the company averaged 43,776,000 gallons per day. At the end of 1948 the company's proper¬ ties included ;1,080 miles of transmission and -distribution :tnains, 90,947' customers' meters in service, and 7,467 fire hydrants. funds thereon expenses Maintenance terminals the applicant proposes to borrow $559,000 from The for Prov. General C— —; retire. depr. & taxes income Federal taxes / $4,653 $4,423 1,084 $4,853 1,00.> 20!> 223 343 342: 1,129 1,10» , t 475 f .■■.471 .$1,394 $1,287 , ' income Gross $1,345 1 Net income (Preferred The proposed notes will be dated the day of issue, and will be in principal amounts of $207,000, $100,000, $173,000 and $79,000, Each of these notes will bear interest at the rate of 3%% per annum, and will be payable to the order of the Equitable Earned the dividends equal, or approximately equal quarter-annual instalments including charges, over a period not less than 23 years nor more than 25 years after the date of issue. The payment of the note in the prin¬ cipal amount of $207,000 will be secured by a mortgage to be executed by the applicant in tfavor of the Equitable, whereby it will subject 512 555 $882 $732 $382 $706 $2.87 $2.29 25 ■ /■ 8810 $857 $948 $2.63 $2.79 $3.08 . share "Maintenance and in 397 $948 . ____ stock com. common per 394 $857 (net) __ .. for Balance „ 401 $810 Int. & other deduct, respectively. (neti26,342 $1,059,874 ■■■ r and In j-.• •• •; of the following cities a tor a total cost approximating the amount, hereinafter stated: West St../near North St., Lima, C\, $313.000p North Saginaw St., and East Third Ave., Flint, Mich., $158 000; Market Ave. near Ferry St., Grand Rapids, Mich., ■ $261,000; and West Michigan Ave,- near Division St., Battle Creek. Mich., $130,000; or a total cost approximating $862,000 for the v new in •curement. and schedules activities of the GM Manufacturing Staff.'Mr. Campau since 1939 has be?n Assistant Director of-the Purchasing and (■Salvage Section.—V.U70, ICC In Appointment— J. Campau has been' appointed Director of the corporation's Pur¬ chasing and Salvage Section, succeeding D. F. Hulgr*.ye, who was <; 2,355,519 170, p. promissory notes in the total 000, to evidence loans in like four * railway_ railway ryr oper, income The repositioning the refrigerating unit and narrowing the freezer walls through the use of a finer, more efficient insulating material,/ Mr. Miller pointed out,—V. 170, p. 1597. - • - " , 8 The stockholders $61,188 municipalities ment entered $2,947,000 Greyhound Corp.—Notes Approved- models, two standard 10-cubic-foot models, and both 8 and 10-cubic-foot refrigerator-home freezer 8-cubic-foot models $1,126,030 66,1-56 $124,744 years. New communities Althougii it holds 389 pounds of frozen foods, the new, freezer is only a-foot longer than the company's 8-cubic-foot model and the same width and height. The larger capacity has been acheived by tion from "Deficit.—V. 1950 combination. 5,513 The- company's "2,545,235 railway,_____ oper. from Net have company's 1550 line, It has been announced of the household refrigerator division. .$66,701 5,513 Valley, extending the to pany 1946 1949 $3,707,000 Manager 4-cubic-foot standard deluxe the to Miller. H. Freezer— li-cubie-ft>ot-home new $130,257 ; principal source of water supply is the Hackensack streams, the water being taken from /the river below tho dam of an impounding reservoir at Oradell, N. J. This reser¬ voir is about four miles long and has a capacity of approximately 2,850,000,000 gallons/ Another impounding reservoir is located oa Pascack Creek, a tributary, and has a capacity of approximately 900,000,000 gallons; All of the water which is.pumped from the Hackensack River passes through the company's purification facilities beforeit is released into the distribution system. About a year ago the com¬ From January 1— A River River ' - 9.48G $1,061,541 450,000. "f $673,394 $2.14 77,047 September— ' ' Gross from railway dividend, from • prior years' earnings, of $6,525,310 rehi September, • 1-948, in connection with the • liquidation of Employees Securities Corp, tBased on 28,845.927 shares. E. Cr24,428 . County different 53 . 83,893,459 "Includes ceivcd CT2.791 181,269 and eastern Bergen County, N. J. This area b'vrins at the Hudson River and includes the greater part of the upper Hacken- 1949 amounted to $20,023,- the corresponding . Grand Trunk Western 29,291,120 •$0.73 Cr2,182 Water or company Hudson 180,261 ; 21.060,037 — (:> Cr772 . 1295. Ilackensack The south $985,783 $3.13 $414,338 $1.60 profit Sales for the nine months ended Sept. 30, :• : p. 1,753 J-*— income Net tEarns, per ' share <Crl57 Cr2.512 — approximately 80 1949—9 Mos.—1948 1949—3 Mos.—1948 Period End. Sept. 30— Earnings "9^97,607 115,612,879 . ___ 16,507 Cr29 ■ disc., expensedeductions 170; p. * Globe-Union, Inc.—Earnings Show Increase— • "Net 134,076,113 107,795,296 noncon.sol. Minor,. & $1,250,113: NOTE—The company's gas 20, sack 15,000,000 14,000,000 taxes (621,794 $1,358,352 257,522 , , V. 9 Mos.—1948 7,735,000 • 82,849 $80,260 25,185 / debt of 717,260* « 119,781 $152,901 taxes. _j Balance declared an extra dividend of 15 cents per share and the usual quarterly dividend of 10 cents per share on the capital stock, both payable Dec. 12 to holders of record Nov. 22.- * Extras were previously paid this year as follows: March 30 and June 10, 5 -cents-each; and-1 Sept. 12, 10 cents. Total dividend > paid this year will amount to 75 cents per share, which compares with 45 cents paid in 1948.—V. 170, p. 205. The ' 44,292,873 3,846,050 ; Total Income—../5- 35,060.037 —} " v • 48.00C.V 399,759) (443,245 . premium and Other $ 36,957,873 31,213,987 sales (net>_'• income 1949— ,VS-\A .. 410,837 48,000 > ' . charges Income - 4,000 ',;A "After provision for taxes of $351,000 in thiree miontlis ended Sept. ,*f :i. Net income Div:;. on pfd, stock 1949 and $348,500 in same period in 1948.' j 1,137,935,052 ' r' ' 1 < 357',401,901 328,615,387 1,082,577,108 1,003,858,939 other <Sr exps. ■ 464,499 long-term debt/. on Amortiz. 566,493 1,701,461 • %260,986 $0.39 ■■■■•'>'*>/$1.16-v$0.84 *"596,043 1 $0.41 share per Int. 1949—3 Mos.—1948 //1949—9 Mos.—1948 $7.330,222,-$7,152,561 $20,464,491 $17,634,405 388,615,888 365,173,260 1,190,372,404 --- ,2/596,327' 34,833 30, Subs.)—Earnings- 1349—3 Mos—1948 period Er.d. Sept. 30— -$5,422,287 2,218.589 40,000 income Gross v . Wet sales billed..^ $5,154*478 213.143 ___ taxes Federal profit after taxes.. Earnings , General Electric Co. (& $415,085 166,913 4,000 expenses Depreciation Amort z. of plant acquis. 1294. p. Period End. Sept. 30-- period of 1948. ' /.Earnings for the first nine months of 1949 are after deducting a loss of approximately $100,000 in restating net current assets of subsidiaries as a result of the recent devaluation of foreign currencies. Inventories as a whole have decreased slightly since Dec. 31, 1948. Eince the backlog of orders has been reduced and new bookings are in a declining trend, it is believed that earnings for the final quarter of 1949 will not be as favorable as those for the final quarter of 1948. —V. 170, Sales sales /Net 2,676,064 $733,606 Goebel losses). those for'the corresponding 223,005 ■ possible inventory for provision of $275,000 223,005 Operating $6,407,334 $433,595 revenue $859,737 »p$2.61 >$2,16 , $2k15 - $1.31 656,049 shares outstanding. .(After provision for Federal . $8,981,037 Gross 1949—12 Mos.—1948; 1949—Month—1948 Period Eud. Sept. 30— >, Cf28,774 $664,864 stock MA Balance ♦Earnings per com/sh.^ taxes Power Co.—•Earnings— Gulf Cr3,487'.„ Cr24,864 41,839 ______ adjustments —V. $1,708,889 profit for com. stk. 3,821,813 Crl09,732 $956,611 pfd. on 4,218,063 Crll9,087 $859,737 $1,461,794 $1,414,904 Div.;. 324,009 Cr9,717 General Auditor and Marketing Operations, has been elected Assistant succeeding. John A. Ellen, retired. Adam P. ; Yung, who •-has recently been serving as General Supervisor of 3ystems ani Pro¬ cedures, becomes Manager of Sales Accounting, and E. F. Franz, for¬ merly Assistant Manager of the Gentral Economics and Statistics De¬ partment, has been elected Budget Director.— V." 170, p. 1593. ^ $10,090,691 357,671 * Wdey G. Roblnett, who Iras recently been serving as 3,602,891 $13,076,527 Cr9,9 65 income - , Refining Comptroller, disc., and expense deductions Other Net i'.:;.*/ 1948 1949 debt of premium (5,288,233 $954,292 $1,346,156 — long-term debt- on Amortiz. Gardnef'-Denver Co.-t_Earnings— Sept.,30—- Income * - , of 5,246,007 804,163 - $10.32 shares Three Officials Advanced— 1,800,000 1,800,000 . )6,320,482 " 1,162,320 $6.46 non-recurring profit, a of $1,965,000 from the sale of 50,000 Sulphur Co. stock.- of Texas Gulf 150,000 150,000 — taxes__j _:_'__t$73,295,000 $117,078,000 (Includes outstanding. now 1949—12 Mos.—1948 plant taxes Federal stock on after Federal income taxes, 1 General "Based 1948 - 1949 - "Earnings per share.. * / SEPT.. 30 ENDED '•'- " gallons, total of 179,475,200 a MONTHS NINE earnings'after charges and taxes Net $68,789,045 $63,909,416 36,065,255 * 37,522,027 466,700 6,238,548 ^ 5,647,300 532,250 • ___ Amortization acquisition adjusts. Net refineries to two EARNINGS. ■■ s.milar A $5,498,152 3,122,997 2,875,603 expenses Depreciation directors have 9 Mos. End. the ' . share.—V. 170. p. 786. per 1949—Month—1948 $6,066,329 revenue •Operating ,,. , declared a dividend of 15 cents per share, plus -, en extra of 5 cents,' on' the common stock, both payable Nov. 1 to Folders of record Oct.-15, This is the first payment to be made cn this issue since Apvil i;" 1947, when 15 cents was disbursed. •The estimated net income for the first nine months of this year ' of capacity account par value, quarter during eac.; 1949 totaled $51 1, Period End. Sept. 30— Co.—Resumes Common Dividend— (R. E.) Fnnstcn were Toledo the northern Ohio, Georgia Power Co.—Earnings— Inc.—Net Assets Rise— ~**NCt aeseti on- Sept*. 30 were $43,261,171 comparing with $32,089,825 on Dec. 3). During the nine months shares outstanding, increased by 743 609, or 30.5'/*? -and asset value per share rose from $13.18 to $13!g4.—V. 170, p. 883, ' .The of larger at or. 1949. 20, gallons. has been increased At to of petroleum products a day. be increased from 1;900,000 the two expansions, costing $20,100,000, was carried rennery wnicn serves communities in * northern Indiana, and Michigan. Expenditures of $15,000,000 was made at the Cincinnati plant which supplies outlets in'southern Ohio, parts of Kentucky, western Penn¬ sylvania, and West Virginia. '• , 1 .* The new storage tanks increase the combined petroleum storage The out ^ Fundamental Investors, * buildings and plant extensions have well as additional tankage which gallons. 1.168,000 1 .A'A W?"1": '-'*rf of $3 as 1,008,600 to 1.680,000 gaJons Cincinmati the daily output can ' preferred stock, no cumulative $6 refinery, each at petroleum storage capacity by 50,000,000 production capacity of the Toledo refinery from next, all of Dec/ 1, on mortgage- bonds. first the on redeem to structures, renumg new erected been V increases $1,864,388 - program $35,OCO,COO. of of in full operation on Oct. 27 upon completion of expansion and modernization which cost in were . T distribution Net $2,446,585 - $2,271,080; at the Commonwealth Plant on Aug. decided 21 declared also directors 10,033 Oct. on outstand.ng $900,000 The • 39,788 Inc. deducts., int., Federal income tax 70,153 $3,251,116 - 143,250 1,243,478 BONDS—PREFERRED DIVIDENDS CALLS $155,033 $186,823'- 130 - 67,413 V —$1,719,029 83,585 ; Toledo <lnd at reiineries of the Gulf Refining Cc., at Ohio two 18-month excess by * one union representing less than 10% of the employees, operations at that plant were seriously affected during August and September. The strike was settled in early October and both plants are now oper¬ ating.' "A i'/AA 302,243 48,076 80,650 20,250 1,109,049 NOTE—Due to a strike called is v 66,053 .v Other $550,8 $624,007 316,456 $<•60,560 422,066 Operating revenues Operating expenses Depreciation 1946 l'J47 1943 1949 July 31- profit Net Earnings— Frontier Power Co.7 Mo.,. Ended ; - taxes.. income The Cincinnati, $3,130,963 $3,876,461 105,363 1,500,038 48,524 $4,109,946 > 67/500 1,595,861 • interest'for 52,965 $2,348,328 — Completes $35 Million Expansion at —- Ohio Reiineries— 792,530 $3,792,876 $4,061,422 $2,795,363 ^ income Profit Prov. income—, cper, Other 8,873,245 3,213,539 1^35,653 railway— railway fr:.m Gulf Oil Corp. an J,. Profit * 1946 $3,973,493 $4,583,932 749,080 • ? 791,056 675,810 •, 1947 1948 $4,811,102 -1949 $3,471,173 from-operation— Depreciation 105,494 1— From Jan. Gross 402,848 214,340 214,340 V 30— 9 Mos. End. Sept. Profit $945,783 $1,081,567 211,229 83,135 $1,372,270 ' 1946 1947 1948 1949 Septomber— from railway— Grocs from -Monday, October 311949 ■ (& Subs.)—Earnings— General Steel Castings Corp. - Ry.—Earnings— ~ Denver City Fort Worth & liet CHRONICLE &' FINANCIAL COMMERCIAL THE (1698) 1 /i general taxes are included in operating expenses. (The companys 7% 1345. $25-par preferred stock was redeemed at $26. per share in interest Total income $1,544,255 .'AV327,897 for Fed. inc. .;304,018 * 264.518 .246,382 487,000 427,000 374,000 378,000 $729,353 Amortization, etc. JProv. $1,356,347 $625,329 $610,802 $520,228 $1.16 $0.98 $0.95 $0.80 tax $1,249,320 $1,145,110 to Net profit Earnings —-V. per 170, p. com. share 593. the hen Lima. Grand The 1949 electric output of amounted 8.3 V', V. 170, below to 98,84:1,884 figure the this for —v. Corp.—Weekly Output— corporation for the week ended Oct. k\vh„ a decrease of 5.551,954 kwh., or the corresponding week of last year.— Florida RR.—Operating Revenues— -Week Ended Oct. 14— 1949 .Operating —V. revenues 170, p. _____ 1597. $46,135 1948 '•-$49,150 with and the 170, p. of the each Battle issue of -aforementioned of mortgage the Creek, the other the cn terminal pioposed terminal respectively. proposed notes property The will notes properties at expenses estimated .■•;^r.r are 1082. at at be Flint, The 1<14Q 1048 $2,248,498 $2,213,927 its would required be decision in the in 1949, July, five next the fixing years. company's rate base for 1949 at $27,929,000 and allowing a rate of 5'A#-. On this basis the Board permitted the company its rates by $665,000 per year effective Aug. increase that expenditures rendered Board average In annum. construction in con¬ $1,000. from ry. railway railway oper. 'J"' - -1949 from 1948 1947 1946 $6,001,337 $6,825,653 $6,172,502 1,512,739 2,055,125 1,459,743 / $5,179,431 789,715 income 583,959 962,012 493,851 36,226 54,217,091 60,027,713 53,627,353 47.431,285 From January 1— —Jan. 1 to Oct. 14— per net increase the after income would taxes of to- 1, 1949, indicating be'$391,000. ' September— Gross Net Georgia & mortgage similar Gulf Mobile & Ohio RR.—Earnings— Net Period— the payment a its application the company stated that - no. change had been made in its rates since 1929, that costs such as wages; materials and taxes had risen substantially, that its rate of return in 1948 was estimated at only 4.16%;- and that considerable $948,000 return 21, 1597. p. by Rapids, nection General Public Utilities of The secured the New Jersey Loard of to increase its rates byr 1949 the -company applied to Commissioners for authority In-January, Public Utility - Gross from from ry. railway oper. "Deficit.—V. 12.720,470 iscome___ 170, p. 5,163,989 1295. 15.729.343 • 13.357,896 6,777,516 5,136,362 5.377.196 *1,017,381 It too is should ended or railway ' Net Net • cf creases be the June $3.90 in through case, 30, year these all of above the net rate in¬ be brought down to net income, but if suclx the balance for common stock for the 12 months can 1949 records every 1945 determine whether to per common Published dends early $391,000 would be increased share. < indicate since that 1888, dividends except that $1.75 was paid the ' to company period of amounted to a in each of approximately the $1,200,000, . has paid over 60 $1.50 years common divi¬ From 1883. years. per annually 75 cents in share 1918-1920, (Volume, 170 1921, result in a combined market value of $140.75 for the two preferred shares ahd one share of common stock, he pointed out. would 1922.,, In the.,second half of 19.46 the annual rate was in and $1 increased to $1.70 per share and this rate has -been maintained to ithe recent dividend consisted of a semi-annual payment of $5 cents per share made on June 1, 1949. In view of con¬ struction needs, it is not expected that the dividend rate will be raised in the immediate future. j ' ,j / Expenditures of the company and its operating subsidiary for prop¬ erty, additions in 1948 amounted to $1,346,000. These expenditures were .chiefly for - extensions resulting from new building ; activities in the territory. As already stated, the company, also intends to spend con¬ siderable amounts for expansion during the next few years. The com¬ pany - has borrowed $400,000 from banks in connection with thisprogram but it has not announced any plans for permanent financing. H) LW. C. Langley.& Co. are of the opinion that the common stock at its present.market value of about $36, yielding about 4.72%, is of time. present The without par-value. Approval by holders of shares, r« Est., net —V. 168, 1949 Sept. 30— The ././;$1,81;</.V. .$1.53 . par, * $1.48 after income chgs._ Deprec., ..depletion 807,242 892,528 1,724,376 2,062,208 860,533 1,180,188 2,023,836 2,279,884, interest—_____ 674,694 532,276 ;, 191,787 ,900,263 taxes Minority _•— inc. on > •Net $7,237,060 293,264 299,640 1,236,557 2,060,928 outstanding 1,030,464 1,030,464 1,030,464 2,060,928 1,030,464 Earns, per com. share r-V. 170, p., 1495. ' $2.69 $2.38 $6.74 $6.02 shs. paid—/ dividends Com. 4,.' 'it V'/V;, *, f Gluett.& •;< - . & " . and services, purchased Federal 101.164,842 Co.), Allen income tax__— j , —J 4,963,314 P. board Oct. on income (Dividends on Dividends : on 7,373,722 ________ 328,080 Assistant Balance v tEarnings share per Dividends share per 0Adjusted for 1949 and stock common stock common purposes of tNOTE—Consolidated tBased comparison. 2,633,420 shares in 1.35 1948. t , 24 A. Treasurer,and Assistant Secretary. company's of earnings with ' 9 Months End. 'Cash ; 1949 Sept. 30- income Net dividends"—— •:/ 1949 ^ - 36,643 •• - assets , 50;004 Dec. 31/48 $460,814 $464,769 $915,284 2,322,231 2,293,602 295,257 348,399 211,7.80 235,799 111,698 202,057 CONSOLIDATED BALANCE $1,392,635 $2,656,943 receivable Inventories {Plants 10,214 12,802 The < 171,808 405,392 15,247,861 50.083 361,574 472,118 880,994 $1,380,770 601,163 $1.78 ,.$2.99 $4.00 declared 26 5% a • Total r Deposits for Preferred U. S. dividends and Total returnable totaling approximately $15,000,000, he added.—V. ^ *'• 924,199 declared foreign taxes 109.360 liabilities current 1949—Month—1948 30— Reserves for insurance 1,046.264 $ 148,451,551 tax 2,393,084 2,778,459 21,023,695 188,060 19,415 1,152,122 for pensions 8,942,510 expenses accruals. and joint rents for contingencies Miscellaneous reserves 5"» preferred stock Common stock, no par Capital surplus 1,582.84C 4,402,582 2,527,049 16,782,533 21,464,883 139,123 195,056 1,286,168 1,208,696 deductions—_— 6,802 9,789 72,380 76,344 charges 875,632 853,958 7,884,087 7,757,331 income 1,162,546 1,858,358 10,112,234 Total cost) : — "After of reserves for Serves iat $944,803 depreciation .__ $48,850,006 in '.948. amoitization jf 176, p. {After in •: . .stock and ( ', .... -/'■ '« J Net sales Net income Federal .. of 50c has used record for ; „ $ ... $ • has of amount consolidated mortgage new Stock Offering—Further loans, the Oct. 119,593,216 National 82,242,776 15,048,672 17,088,778 4,300,000 5,508,065 to Bank of Bank and of 6,571,000 Oct. 20, from 1, share per its to future for reserve price Net j. shares Earnings per 10,020,5201 ,7.540,607 2,057,250 - 2,057,250 — outstanding——. 4,500,000 6,017,773 share. common $4.41 capacity 2,057.247 $3.20 ; for stockholders Nov. 253,843 stock will 22, of one record and $2.46 stock, par ferred stock, plus one stock would redeemable, stock the in basis 1948, and of of $50 share of rank would the series par common equally not be dividends together value total stock would share paid annual, be with as of annual dividend $6.37 V2 annually cumulative value B4>/2% stock. The two new dividends and assets, to convertible $2 income a into share dividends the series A preferred stock and $2.25 a stock, 4 % %■ A share from paid of on the on series the $2.12 >/2 the series three common share B preferred '• on shares new share contrasted with dividends the preference stock, stockholders on of would a per formed. pre¬ stock. common - of of $5 were a in¬ '' •- . Wertheim & Co., financial advisor to the company on the plan, has given an opinion that the two new shares of preferred stock would have a combined value of not less than $103 under present market conditions, P. A. Staples, President, said. Such estimated value of the . preferred shares, the last coupled transaction with on the the iparket New York price of Stock the common Exchange on stock Oct. 1947 $7,498,387 <20/000 .$6,320/251 120,929 $8,487,387 $7,528,387 $6,441,18® 1,696,811 1,728/892 1,334,629 $5,709,495 $5,106,551 211,500 6,579,076 5,799,495 5,106,551 $3.43 .,$3.03 $2.^7 — — to stock com. share of com. stock , ■ —_ dividend value par 1949. "Railway Net No 1949—Month—1948 $9,828,081 6,846,793 6,776.49® accrualspayable—. 132,267 171,426 996,737 20,786 31,114 73,183 1,306,279 270,728 income. $146,124 $199,903 $963,412 2,039 2,511 22,469 $1,474,585 16,913 $148,163 $202,414 $985,881 $1,491,49® oper. exps.__ ry. oper. income Total Misc. _ income 1,320 1,540 13,646 13,29® 46,780 46,006 426,291 416,673 $100,063 $154,867 $545,944 $1,060,835 71.06 66.11 77.10 68.95 $61,857 $54,678 $550,098 $479,961 deductions Fixed 1949—9 Mos.—1948 $1,187,382 784,939 $8,880,126 734,706 $1,033,883 tax rents Net charges income Operating __ —— ratio "Incl. depreciation—_ 170, p. 1295. -V. Bank, National Chicago, Trust sale the of the balance for and the common Harris Co. of Trust new stock are to for financing Such Trust Co., First and Savings Bank and City Chicago, amounted to $5,000,000 is being offered Transfer agent, as a program from by the the increase of the its designed present end of transmission load. The carrying : out a major of and program its approximately all company 104,791 acres, more or less, of oil and gas leases, of Wyoming, and is presently engaged in the leases for the future development and pro¬ owns completion of the of duction 25 as stock A B in 1953 new or station on the Illinois 1954. River near Hennepin The for some such program that year. It is, of course, not possible at this time to state the exact the additional financing will take, although the management, does form gas. of the company as of Oct.. 17, the subscriptions, of stock the (10c common of None par) — stock.—————— company's warrants, been, Outstanding 750,000 shs. 750,000 shs. 500,000 shs., None stock is subject to any options, conversion privileges, nor has any authorized rights earmarked or for any other specific use or uses. " during the period from Aug. 31, 1949 to Dec. 31, 1953, assuming that the first unit in the new Hennepin Station is completed by the end of 1953, are now estimated at $68,000,000, of which it is expected that approximately $16,500,000 will be expended between Aug. 31. 1949 and Dec. 31, 1949, approxi¬ mately $19,000,000 in 1950, approximately $7,500,000 in 1951, approxi¬ mately $8,000,000 in 1952 and approximately $17,000,000 in 1953. It is expected that cash resources from operations will, under present trends of business, provide about $6,000,000 per annum of the required funds, or a total of $26,000,000, leaving about $42,000,000 to be derived from new financing. .The sale of the common stock now being offered will reduce this remaining balance to about $35,000,000. If initial operation of the proposed new Hennepin generating station can be deferred until the end of 1954, about $5,000,000 of such balance wpuld be deferred until expenditures and oil follows: Authorized Class proposed these CAPITALIZATION—Capitalization 1949, is Class plant at Wood River, the first two units of which are scheduled operation on Dec. 1, 1949, and the third unit on 1, 1950; the addition of the fourth and fifth units at the Havana power station before Aug. 1, 1950, and the completion of one unit of a State of new commercial time the in located administration 517,000 kw. includes • y Bank & Trust Co. of Chicago; regis¬ HISTORY—Company was organized in Illinois Oct. 7, 1948. as effective generating 160,000 kw. to during 1953 to 1954, and distribution systems to meet the increase tc level 1950, is speculation. City National LaSalle National Bank, Chicago. trar, The PROGRAM—Company Stock Offered— — & Co., Inc., Chicago, on Oct. 19 offered 309,000 shares class A stock (par 10?) at $1 per share. The stock construction. Guaranty Oil Co., Chicago Illinois Wyoming Leason Dec. pre¬ cumulative 1948 1,442^87 45,000 1947)__. (requirement) per Railway The ' plus jone share preferred On a $50 .75 Illinois Terminal RR.—September Earnings— for of on ,75 Co.— $6,790,576 in (int. deductions 19, power Nov. shares share to growth 7, 1949, at a special meeting called proposed plan to reclassify each of the of nonredeemable convertible preference vote outstanding into ferred in construction 445,000 kw. To Reclassify Convertible Preference Stock— The be '2,000,000 profit Common i decline _______ Railway oper. revs.—//, 1949. CONSTRUCTION * inventory Ohio $39/692,194 $36,116,443 $31,734,729 27,413,807 -25,281^456 22,663,378 1 3,836/000 ^3,336/600 2,751,10® revenues_ . Appropriation The common 1947 to Aug. 1, 1949, payable on Nov. 1 to short-term bank loans made of Chase payable 55c of on 10, 1949. proceeds payment National > quarterly dividends paid dividend a on construction expenditures 14,320,520 charges taxes like a share during the period Aug. per declared PURPOSE—The be I947 1948 101,992,424 after income aggregating for DIVIDENDS—Company Subs.)—Earnings, Etc.— 1949 .75 ,(75 & Co. 1598. p. - Nine Months Ended Sept. 30— ,,75 ,(75 re- holders of (& 170, the company's bond exchange plan, under $52,201,000 and due 1951 to 1955, approved issues, details in connection with the offering of 239,601 common shares (no par) at $31.50 per share follow: and 1949 Co._____ &,Son— Clegg & Co Maynard Hi Murch income .Net 786. Hershey Chocolate Corp. bond exchanged Illinois Power Co.—Common {Represented by 8,706 shaies preferred and 66,547 shares-common stock.—V. fix bonds.—V. $84,039,023 I94C. $52,272,553 & B.. Hilliard J. Kirkpatr'ick-Pqttis Co 1.5 income etc., Other 31,360,771 in 1949 and $346,597 in and Oct. 26 ICC be B/T.476.837 $90,327,097 _ The would 1.5 requirement .shown above is that applicable to of 4.70% cumulative preferred stock issued on consideration has been given to the former 5% cumulative convertible preferred stock of the company, all of which was converted into common stock or redeemed on or prior to Sept. 17, 1948.; . Earnings per share of common stock are based on the 1,'916,805 sHares outstanding since Sept. 17, 1948.—V. 170, p. 1598. 14,839,904 4,402,582 34,835,948 Dr 1,476,837 _ stock '_ Co., inc. taxes received '"Preferred 2,274,873 1,905,857 income which 1.5 X5 t 23,894,634' Bond Exchange Approved— 16,945,850 ——— Earned surplus {Treasury 16.945,850 value (iss. 2,711,336 shs.) Fed. $10,000,000 ' Net 9,619,400 Collins Calif- EARNINGS FOR 12 MONTHS ENDED SEPT. 30 operating "Earns, 197,077,403 149,443,013 Fixed 255,799 9.618,400 — 187,409,901 (Cr)__— 1,382.840 202,657 value $100)— (par 1.5 — ^William ,R. .Staats Co Hurd, Net . Net ry. oper., income- 8,003.185 3.25 Co. ,of Julien Gross facilDr)— (net 772,679 Reserves Reserve , J. for Int., 1949—9 Mos.—1948 16,662,661 $12,572,754 $14,225,883 -Pacific 1.5 April Misc. 6,997,630 • Co._ 4.5 2.25 & Co Milwaukee j Period End. Sept. 30— 109,360 G,820,045 income on «1.5 Illinois Newhard, Cook & Co.—_ expenses_y__-— in 163, p. 2854. oper. Other ^1.5 The revenues Divs. RR.—Earnings— Ry. 1.085,565 . 1.5 Farwell, Chapman- & Co.— 7.0 Inc. Prov. i'..'!r'-0'/'-..'.I. Central $ . containers —;—_____ (The 3.25 .Baird 1.5 Co. 7.0 2.25 W. & 7.0 Co. applic. 22,117,496 16,792,573 1,006,050 and 'the Blair & Co._—_ Byllesby 1949 The company and its subsidiaries have a backlog 21,149,662 $3,374,149 M. (Inc.) / 7.0 Inc. Marks & M. div. ity ' William >H. ■/ Walker & Co.— 'Bal. Period End. Sept. . 3,289,846 Co. & C. A. "■Pfd. Equip, $3,082,433 payable dividend, stock $ $90,327,097 $84,039,023 __i. Becker ,G. > 18.5 Operating Dec. Ry. oper. revenues_i____ LIABILITIES— Accounts payable Accrued accounts other cities, with underwriters 1883. 169, p. Ry. ; & Beane.. ■y: 15, 1949, to stockholders of record Nov, 22, 1949. was made on Aug. 15, last. The previous pay¬ an'initiai cash dividend of 5 cents per share, on- Aug.' 15. 1945. Illinois 160,908 ____ charges • Robert $1,847,435 and Mexico.—V. and eight ^ several •Percentage .18.5% 1,087,915 $820,357 270,488 181,872 ( approximately as follows: water and ice, 1%. the of names Lynch, Pierce, Fen- enjoying the highest volume of sales and net earnings in any year of orders 50,083 _ assets Deferred UNDERWRITERS—The Lloyd H. Coffin, Chairman of the Board, stated that the company is 35,943,676 traps- distribution of its 29-year, history. 20.299.249 37,708,873 purchase, were w.ith populations in, excess of 25,000 populations between 12,000 and 25,000. < 294,515 102,617 177,775 Canada Oct. on on production, $3,229,865 $353,794 taxes _________ stock similar now 6.406,370 . and property (net) ;___ investment in foreign subs, not consolidated postwar refund of U. S. taxes Other $2,667,157 $1,395,093 $703,377 directors common 7,016,800 9.607,299 /_ service, of steam heating, ; Baconi Whipple & Co._ Ilyiron: JRadio & Electronics Corp,-—5 %. Stogk D. A 13,087,600 < (net)— ___: < $3,217,063 2,458 income the cities Net ment was ]J. S. Treasury savings notes classes 18% gas, Laurence $701,728 "In United States, Sept. S0,'4& Dec. 31,'48 $14,141,935 $11,290,286 Cash ; 6,612,800 ;/• 1,649 52.768 SHEET ASSETS— by company, 4,350,055 income income in territory served with electric,; energy nwd gas comprises sub¬ stantial areas in" northern, central and southern Illinois, including six Allyn and Co., Inc._ Harris, Hall & Co. (Inc.) $0.77 44.190 - Sept. 30,'49 Dec. 31/48 ^ Earned surplus the of Operating 144,272, ______________ #Accounts / 1 profit— depreciation for Net in net parent // ,4,629,063 -7,432,773 ./ 1,539,245 $7C4,318 assets Equity of . 109.731 Sept. 30,'49 Total and ■'Prov. $69,724 " primarily engaged Kidder, Peabody & Co.—— Wertheim,-& Co.__ i. 1948 $104,151 "*• :> ■. Total income —Net Consolidated— — $83,773 is Electric, 8-1% A. / ^ ' 1,400,641 Operating Int. 1948 $56,589 Company distribution and sale of electric energy and in the purchase, distribution and sale of natural gas in the State of Illinois. /For the 12 months ended Aug. 31, 1949, the. percentages of total operating revenues • follow: Consolidated — - • Blyth & Co., Inc..— Glore, Forgan & Co $14,718,779 $14,179,918 $5,225,482 con- costs Miscellaneous fig¬ Relevant carried in miscellaneous reserves. foreign subsidiaries to public utility business in the territory served for,many years. ;At and in subsequent years it acquired substantial invest¬ in securities of public utility companies operating in Jowa, Kansas an&Missouri, all;of which, were disposed.of. prior to 1944, and of railroad and warehouse .companies operating-in Illinois and Louis, Mo. The fqnner railroad, subsidiary, Illinois Terminal RR., was disposed of in 1945, aftd the warehouse company, Central Terminal Co., was disposed, of in, J947. • In 1946, the company sold its only remaining street railway and bus properties, its electric and gas properties in Cairo and its electric and water supply properties in Mound CityIn 1947-and* 1948, <the company sold all of its ice properties except those at DuQuoin and Chester. It owns all of the outstanding capital stock of Kewanee Public Service Co., which became a subsidiary in February, 1048. : G. H. earned are respect • ■ etc. Operating surplus includes no undistributed earn¬ ings of foreign subsidiaries, all of which are wholly owned. In the case foreign subsidiaries whose accounts are consolidated, such undis¬ tributed the ments Percentage 1949—9 Mos.—1948 1949—3 Mos.—1948 vert'g, refin'g,.freights, , 200,000 shs. 2,156,406 shs. 5,000,000 shs. organization , subsidiaries) in interest $4,424,600 Marketing, smelting, 1,000/000 shs. * par)— Merrill , metals of ures .7 (& Subs.)—Earnings— (Including , 9,000,000 respective percentages of .the share of common stock offered which are not subsqribed for. by the holders of warrants which they have sever¬ ally agreed.to purchase are as follows: • , , (no 1,233,000 9,000,000 The sold 1.05 - $1,233,000 ' Period End. Sept. 30— 2,644,789 shares in on .. stock , 5sJ &, Electric HISTORY AND BUSINESS—Company was incorporated in Illinois May 25, 1923, under the name of Illinois power & Light Corp., by the consolidation of 18 corporations, several pf which had been engaged .in ner . 5,235.814 ; d $3.04 ; Gas The First Boston Corp.___ 328,080 3,475,177 . County $45,000,000 15,000,000 15,000,000 — mission, and ;,.In accordance with the action of directors, the executive committee of: Conrad N. Hilton, Joseph P. Binns, Colonel Henry Crown, Robert W. Dowling and Frank A. Ready.—V. 170, p. 1495. 2,765,091 $2,66 surplus Corp.) consists Gross-value - l978_i+.----1_-. Clair < •Outstanding 1976—. due series due ' (of Hallgarten & Co.), Ready, T. Rieber Stone & Co.), Frank A. 8,328,985 3,5.70,465 preferred stock stock common Clement (of. Burton. Dana 1,279,267 1,242,458 — D. Joseph Manager; Frank Executive Committee; 5,089,182 , The Howe Sound Co. Net Maurice Newton Kirby, (of Hayden, Barber; Asphalt eral 28,527,695 28,429,051 4,564,088 > 4,584,408 ; z RR.)<-,.'William Arthur • Hilton, President; 53,395,625 47,086,491 Wage and salary costs -Depreciation Martin W. are elected the following- officers: - Conrad- N.• P. Binns, Executive Vice-President and Gen¬ Ready,.Vice-President, and .Chairman of the Robert P. Williford, Vice-President;. J. B. Herndon,-Jr., Treasurer; William J. Friedman, Secretary; Ford-M. Thudson, 20.272 93,670,444 Other taxes Trust •■ 101,164,570 294,237 __ Pennsylvania board Weeks and Harry Yates). • 93,385,207 ____, — Total The Waldorf the on , ,/ / *1943 $' /■■'./:/ $ 1949 " * Materials : ^%V' Juan T. Trippe (President of Pan American Airways, Inc.). •/ / The new directors succeeded retiring directors Duncan G. Harris,' James W. Maitland, John E. Meyer, Alfred Peck, Albert Thiele, John L. -Quarterly Report— ,Gross sales and operating, revenues— (net) of , Dana), Clarkson Potter , ,/Nine Months-Ended Sept. 30— income directors (President, of Hercules Powder Co., Inc.- Other •.;/ ■.. Director—<: a V. Davis (Chairman .of Aluminum. Co. of America), .Frank-K. .Houston. (Honprary Charinan of Chemical Bank ; -'X , -. due series 1979—, 5 FINANCING "Additional' bonds of .the .series shown, above, or of other series, may be issued under the mortgage upon compliance with the terms thereof. , $6,502,418 99,880 Com. " ■ PRESENT will .be ■ r N. other (Chairman $2,552,749 97,755 1,236,557 paid series 3Va% Common , $2,871,015 profit dividends ; > stock ' "Unlimited, Sinking fund debs., 2%% due 1966 Serial,pfd. stock ($5Q par)_;_ 4.70% cum. pfd. stock — Material of The .' Pfd. 1800. p. TO (non-callable) , and (est.) amortization 'Fed. 168, mortgage bonds_______„_ 27/s % New fund.—V. EFFECT 27/s% » . the corporation's board are the following new direc¬ Hilton, Joseph P. Binns, Colonel Henry Crown (Chair-/ ••< Service Corporation, Chicago), Howard Cullman (Chairman of The Port of New York,Authority, New York), Robert W. Dowling (President of City Investing Co., New York) Robert V. Flem¬ ing (president of Riggs National Bank,'Washington, D. -C.1,-Daniel E. Taylor ^(President of West- Inda Fruit & Steamship Co., West- Pahn Beach), Robert P. Williford (Executive Vice-President of Hilton Hotels Corp.) and Charles Deere Wiman .(President of. Deere, &; Co., Moline, 111.')'/ ...v. - ' - /, 1949—9 Mos.—1948 "* .$5,162,541 $12,191,459 $11,759,173 14,400 4,800 C 14,400 $5,218,284 4,800 debt- long-term on Place, Conrad man 1949—3 Mos.—1948 30— Period End. Sept. Int. % Also elected to (M./A.) Hanna Co. (& Subs.)—Earnings— y//y Net • Herbert Hoover has been elected a.drector. 1693. p. /• >. : , Hotel Waldorf-"Astoria Corp.—Hoover t tors: i; . Bank of the City of New York, trustee, 43 Ex¬ York, N. Y., will until the close of business on 14, 1&49, receive tenders for the sale to it, at prices not exceeding of an amount of first mortgage 4 % sinking fund bonds due J, 1&50; sufficient to exhaust the sum of $174,977 now held in the Nov. sinking ; 1598. p. GIVING Authorized First • National Chase change 1947; > 170, contemplate -that, any. .additional common ' • • < CAPITALISATION, • two-thirds of ,the outstanding preference, majority of the common shares is required for adoption a plan.—V. presently St.. Gain- 1-948 and the Oct ! profit, after tax. (per share) 6 MOnths Ended not 'Hotel St. George Corp.—Invites Tenders of Bonds— : 164, p. 2926. Hammond Instrument Co.—Earnings Show . i stock of - - (1699) sold during the period/ Upon consummation of the plan capitalization of the company would consist of <253,843 shares of series A preferred stock; 253,843 shares of series B preferred stock, each $50 par value; and 2,311,093 common , * new 1 most investment value.J—V. FINANCIAL-CHRONICLE THE--, COMMERCIAL .& -Number ,4851 will be tion to rentals —V. / the company from the class A stock added to its working capital and will be available fcr applica¬ any proper corporate purpose, including payment of lease and to drilling and other development and operational costs. net 170, proceeds derived by p.*787. ./.'•:;//'; ■ •- Indianapolis Power & Light Co.—Calls $40,000,000 of Bonds for Redemption— The company will Nov. 25, 1949, all of its $32,000,000 series, due 19.70, and all of its mortgage bonds, 3 Vc% series, due 1973. redeem on outstanding first mortgage bonds, 3y4% $8,000,000 outstanding first will be made at American National Bank & Trust at the full redemption price of the principal in the case of the 3V4%' bonds, a premium, the case of the 3y8% bonds, a premium, of 3%. Immediate payment of Co. and of Chicago, 3.55%, —V. trustee, accrued interest plus, 170, and in p. 1598. S THE (1700) succeeding :tary, World Trade Corp.- ■ yjy Ltd. (& Sub.)—Earnings- Jamaica Public Service bonds are to be surrendered by her forthwith to bankruptcy, and her claim on bonds will be reduced,to Mrs. de Dombrowski is the niece of the late Nelson Robinson of New York. City who, together with the late Thomas E. Mitten of Philadelphia, dominated and controlled this traction comr pany in Buffalo for many years. : 1 ; the said with $210,800 IBM who is • President of '■;Ar Chauncey, K. Harrison Monday, October 31,. 1949 CHRONICLE FINANCIAL & trustees in the 1947, has been elected Secre- Fick, Assistant Secretary since H. lowed, and Corp.—New Secretary international Business Machines Fred COMMERCIAL 1949—12 Mos,—1948 1949—Month—1948 Period End. July 31—' Operating revenues Oper.A rev. deductions.:.. A- interest. $180,811 $177,393 $2,113,764 $2,199,797 116,308 135,548 1,372,228 1,634,377 Retirement res. accrls.— 14,167 12,500 161,667 141,667 oper. incomeincome (net)____ $50,336 $29,348 'A. $579,869 $423,753 . 5% Stock Dividend— directors on The cash dividend declared the usual quarterly 25 Oct. Pursuant share, payable Dec. 1®, next, to stockholders of record 22, 1949; and, in addition a E% stock dividend to be delivered Jan. 25, 1850, or as soon thciealter as practicable, to stockholders of $1 on AAA.'^aAA On Jan. 28, 1949, the company also paid a the common stock.—V. 170, p. 1295. of record Jan. 5, 1950. ,A'! ' ■ addit.on the Net 1948 $8,303,10? 786,091 789,780 789,780 Number common shares- •Earnings share_ per preferred dividend requirements. •After Outlook Good— Bids 37,524 Oct. on (7th (EST) received be floor Nov. on by the . 942,690 675,519 ■k 1,414,994 conference —V. Broad 11 room), ahd program the reimburse to Johns-Manville Corp. (& Subs.)—Earnings— Nickel - Net : new Other on Earns, shock ' resistance. ' , • Bonds These facts were presented Oct. 27 by. Don Reese, well known foundry -expert and engineer, before the annual meeting of the Gray Iron ^Founders' Society, held in Chicago, 111., in announcing that the United States Patent Office has recognized the meritorious nature of these inventions by granting Patent Nos. 2,485,760 and 2,485,761 to the International Nickel Co. ''The "years U. Mr. experiment •laboratories of testing the of bonds new additional ' and in to tofore Oct. 1, 1979; principal and Interest. agencies of the company in Chicago, or A in distribution and the reimburse expended principally facilities company's for such and in treasury part than under companies in many industries are now licensed 40 cast iron development. As much as 700,000 pounds of the material have been made in one day by the ^licensees and as much as 200,000 pounds have been cast in one day ' v purposes.: single licensed foundry. Large castings requiring the pouring of 50,000 pounds of magnesium-treated molten metal for each casting •have been produced utilizing the technique of this new development. Thousands of different component parts and as many as 12,000 of a Common shares EFFECT GIVING .- similar Mr. in all added important that countries of inventions will be adopted on accordance a being protected are Paper Plans Co. to capitalize for stockholders' All common stock common Light Split Common consideration stockholders of at a spec record close the at business of the holders be entitled to vote. Appro.al by all outstanding common skock is required. Nov, 66%% of 7, ■ The by has John be^ H. to Board the President. Hinman, of Mr. McRae Ala. arid a direc'or of the Merchants Bank in Mobile, 'The Boaid of Directors had previously voted to is the selling and company was also and Rapids A As of urban an adjoining and of sale in Rock its Iowa, . and transportation bus municipalities. its from 12% its PROPOSED LIQUIDATION date all of the for approximately 37% business; and transportation approval of of May 24, plan OF UNITED LIGHT 1949, United Light common company's shares, filed AND cal's bonds for to payment of $8,000,000 cash and Corp. of $1,000,000 Securities Power International of Power The made ment of $18,000 000 SEC $2,006,000 bonds of • payable mon cash the Italian f Preferred stockholders the after International to would bondholders stock, Mr. Milton said, .'International ;,£Jocieta "World Edison Power War II.—V. 170, receive have of forced interest into paid bondholders bonds off. and of the > on the .in bonds be com¬ ' ' A the are •Louis G. Bernstein of new follows:- as Buffalo, N. Y.—Suit Settled— John order Under terest & Miller on on instituted the by settlement, $2,000,000 thereon the York City, Cnunsri for to Mrs. ; that Judge July 28. G. 1947 bonds aggregating 170, p. with $38<A300 $2,384,300 unnaid will be total by issued The • Sales Corp., used be will loan level. the wholesale the -- • 1 - , ^ f 1 Authorized— • a subsidiary of Kaiser-Frazer Corp. credit to assist in iinancing of automobiles manufactured fey revolving a corporat on. ta dealers and distributors to the extent that purposes is not available through normal channels. No parent such for the proceeds of of as distribution the loan may be used in connection with the of funds disbursed under the months and the loan is to be secured by new Kaiser-Frazer automobiles; endorsement of the dealers; and, the guaranty of Kaiser-Frazer Coip. , In commenting on the $34,400,000 loan recently authorized to KaiserFrazer Corp., which will mature in 10 years, Mr. Hise said that the collateral to that loan will consist of a first lien on all of the of Kaiser-Frazer Corp., and its subsidiaries, including: machinery and equipment known as the Wiiiow assets buildings, land, plant. These properties were recently appraised by Coverdale & Colpitts, consulting engineers, 120 Wall St., N. Y. City, at a recovery value as a going concern of more than $58,000,000. Tne loan will be further secured by a pledge of all of the capital stock of KaiserFrazer Parts Corp.; Kaiser-Fxazer Sales Corp.; Kaiser-Frazer ExportRun for Corp. engineering, ducton v Canada, Ltd., all wholly owned subsidiaries of Of the loan proceeds $22,400,000 will be used designing and retooling in connection with the procar models and the balance cf approximately $12,- Kaiser-Frazer Corp.; Kaiser-Frazer The of new working capital. loan is to be additionally for js secured by a $34,400,000 $15,000,000 and such Kaiser Co. and Kaiser Engineers, Inc. guaranty of Henry J. RFC with a market is to be applicable $10,000,000 loan authorized to Kaiser-Frazer Sales Corp. guaranty will be secured by collateral acceptable to value of not less than $10,060,000. This guaranty also to Eoth the the of loans bear interest rate of 4% the at per annum. Kaiser, the members of his family and companies in which interested own less than 10% of the stock of Kaiser-Frazes Corp., which is broadly distributed, being held by approximately 40,000 stockholders. The widespread public interest in the operations of this business is evidenced by the fact that Kaiser-Frazer Corp. directly Henry are approximately additional distributors —V. 170, of p. 10,000 and persons estimated that an 1.000 small dealers and is it are employed by more than supply parts and materials and by Kaiser-Frazer automobiles and automobile 47,000 manufacturers persons which 1599. A 'A "A; .'"/"-J accessories. :-!A Kansas City Power & Light Co.—To Sell $30,500,000 Irk Securities— The company In then the and United to the $665,969 of common sion unrestricted earned the AA the purchasers and the principalbonds agreed to be purchased by them, respectively, - % '-A' ' A AA> '• '—AA ■}- A-;" >"A>'--' A >;* Ripley St Co., Inc.^ program, which is expected to be completed in 1952. Mr. Olson underway to sell $5,000,000 of common stock this year. probably would not be issued until 1951, he said. said plans are The other $5,500,000 J—V. 170, p. 1599. , and • ' - • * • , authorized the company to assume obligation and $1,200,000 series J 2'/s% equipment the Commerce Trust Co., Kansas City, Mo., as trustee, and sold at 100.105 and accrued dividends in connection with the procurement of certain new equipment.—V. 170r The ICC, on Oct. 20 liability in respect of not exceeding trust certificates, to be issued by p. 1599. Kansas Gas & Electric . Period Ended Aug. 31—. , Co.—Earnings— 1949—12 Mos.—1040 1949—Month-r-1948 . $1,132,586 $1,040,403 $13,055,985. $12,430,486. and taxes__ ."A- 843,010 A 822,076 9,889,205 A 9,400,427 Operating revenues Oper. exps. Net oper. A_ ; and other .: (net) $218,327 V, 78 ' $3,166,780 A A - 2,394 $3,030,050 25 $289,601 $218,405 $3,169,174 $3,036,383- A income—— Gross Int. $289,576 revenues___ Other income (net)—___ ' 6,324 A'iA deducts. 68,600 : './A 46,937 -i-- Weld & Co income-— Net 3,333,000 Pfd. 3.333,000 sell on Oct. of $7,500,000 the applied 21 of » fust to the -V. Financing— mortgage . . SEC lor bonds, authorization due Dec.; 1, to 1979, stock div. $242,664 — 711,816 1,128,975 $2,457,358 $149,805 $1,907,403 520,784 520,784 $1,936,574 $1,386,624 requirements for the period—— financ'ng .«•* *• 4 wo"ld ; A - . a j i. .•- A % f..j. 170, p. Com. -—. 885. Period End. Co.—Earnings— Sept. 30— profit' after and ; — Kawneer Net , .. be applfed to the company's con¬ struction program, to reimburse it, in part, for construction expendilures heretofore made, and to pay $1,500,000 of bank loans.—V. 170, - . 1599. competitive bidding.. p.- 595. ,v . Southern: Ry.—Equipment Trust Ctfs.-~ Kansas City $3,334,000 _____ A_L Corp.A stock and has dis¬ a surplus A par). (no at out¬ that 221,003 additional Light and Railways to shares plans to sell $10,500,000 of additional common funded securities, Robert A. Olson, Secretary, meeting of supervisory employees. Proceeds would be used to aid the company in its $55,000,000 expan-. com¬ that or-W as of $20,000,000 closed capital account of the company to $19,040,030 1,904,003 Securities company Proceeds in- 1 disai- The issue at against the Robinson interests. Louise Robinson de Dombrowski's mortgage , to . Committee of .first Railways, Iowa Power & Light Co.—Proposed New Oct. 20 announced a ; Hise, Chairman, Reconstruction Finance Corporation on Oct. that the directors had approved a loan of $10,000,300 Kaiser-Frazer -Balance- Knight of the Federal Court in Buifalo, N. Y., has just signed an authorizing and directing settlement of the subordination pro¬ ceedings claim of Scribner Protective Committee the Harriman $2,000,000 Bonds to Be Canceled— the Bondholders' be and ($1,187,477), Union Co., all paid-in to raise White, Ry. completed is 1950 distributed . amounts of -V. fInternational and be UNDERWRITERS—The. names, of when because of middle will outstanding; now will par) represented agency, 1940 Light Railways and the company United of Light about surplus of the company ($356,534), all of its restricted under covenants contained in the first supple¬ indenture and to be contained in the second supplemental in¬ denture 787. p. (no mental new to receive anything. United plan, shares of earned surplus to of of the shares common needed Holders reorganization payments the capitalize their holdings. junior been not likely are was defaulted Power for the rest of agency Hearings on the representing ' Charles Milton, counsel for John J. Murphy, trustee for International said a plan to reorganize the corporation would be predicated on the proposal. Mr. Milton said the p'an contemplates distribution of of (par $100) into 2,750,000 common shares (no par,) the 168,300 now outstanding to be changed into 1,683,000 shares (no par), $16,830,0C0 of capital, which is the aggregate par value shares shares Power, -about - anhoun^ed to . A;.^ aA Power. by common shareholders shares International owner "application an common shares of the company may be conveniently distributable the plan provides that the company will ;amend its article of incorporation so as to change its authorized shares, now consisting of 500,000 common Jersey City. held by bonds proposal would be elective next July 1 if accepted. It was 'by the Italian Public Utility Credit Institute, an Italian govern¬ agency, on behalf of Societa Edison of Milan, original borrower the money from - proposal to split the author^ * ; . 24 providing for the liquidation of United Light and liquidation standing Italy would be cancelled. ; the contemplated ? mon the International about Split StpclcTr a 164, p. 3145. RAILWAYS— Railways, and with application have been concluded, but the Commission has not yet issued any findings, opinion or order. • If ^rono al b" the Italian government to set'le a .$26,642,000 the corporation was filed in Federal Court Oct. 24. addition, con¬ although year approximately 73% of the company's gro-s account represented electric property, 23% represented gas and 4% represented transportation property. Under International Power Securities $26,000,000— plan new In nil Kaiser-Frazer Corp.—New RFC Loan employs business, electric from • > such of , formal The In ' system Company properties, 51% business and gas end . a V. they transportation - - President International Power Securities Corp.—Italy Files Plan A several , Railways Co. and Continental Gas & Electric Corp." •to Pay in income statement of the company for the year of the gross operating revenues of the the derived were its the property, increase the number constituting the Board from 17 to 18, thus creating the vacancy filled A (by the election of Mr. McRae.—V. 170, p. 1598. idebt owed in in the business of generating, electric energy and distributing Ottumwa, A. A ; • ■ operates ultimate approximately property it Cedar Quad-Cities the the basis On 1348, at Directors, 1940 in negotiations for ft sale are-now pending. no from added in company templates Mobile Banker Added to Board of Directors— e distributing municipalities. serving liability in Canada." McH' principally engaged selling natural gas. Electric energy is distributed and East Moline, 111., and Davenport,- Iowa smaller "The company has been advised by counsel that the proposed stock split-up would not give rise to any ga!n or loss to stockholders for ^Federal income t?x purposes in the United States or any Dominion F. organized was 170, p. 691. 4our-for-one basis, by changing each oi the 150,000 shares-of $5--par value into four new shares of $1.25 each. This would increase-the-outstanding capitalization to 600,000 shares.— 000,000 > John oi BUSINESS-Company is company communities, spMt-up wo»ld not become effective until after the announced prior Island, (known as the Quad-Cities), in Fort Dddge and Iowa City, Iowa, and in portions of surrounding territories. Natural -gas is distributed in the foregoing dividend for the December quarter has been declared on the present stock. The first dividend on the fplit-up stock would be payable in March, 1950. The rate would be determined by the directors at their meeting next .^February. > ; • holders Moline . tax surplus to AND transmitting, Kinman, President,, said: "At their meeting, Oct. 25, the directors approved a proposal under which each share of common stock, now of $15 par value, would be divided into two shaves of $7.50 par value each. ' 1 'Income its Railways Co. and The of H. "The reclassify its common shares and to distribution of the com¬ the common stock of United will company of 1941, the properties of 10 companies engaged in one or more of the company's present business activities. Company has no subsidiaries. and John the -$3.67 6,894,390 freight allowed, cash discounts, etc. as &r Supply Co.---Tp capltaL stock ori> the shares deductions, such of-Canadian dollars—V. physical - plan for liquidation of United Light & Railways each ' • 168,300 shs. Illinois and acquired on Dec. 31, two-for-one will be submitted al meeting on Dec. 16. 1949. will .1949, • mortgage. portion a common HISTORY proposal to split the the contemplates that Stock— A with NOTE—The proposed pany's •International j $22,000,000 ( 10,000,000 at any time be out¬ standing is unlimited except that additional bonds are issuable only in patentwise the world, as it is expected that the world-wide scale.—V. 170, p. 1396. inventions the • 500,000 shs, . 7,600,80O - financing; of retail sales. Repayment authorization is required in eighteen Outstanding i (par $100) 5,561,433 taxes— The stockholders' will vota Nor. 15 part •The amount of bonds of all series which may iron." part have been made of the patented ductile cast Reese Authorized mortgage bonds— 2%% series due 1977____i 2%% series due 1979— a FINANCING PRESENT TO First patents to produce this new -fey i ized, credit "More •the " at here¬ funds for sion. CAPITALIZATION 3,099,918 After all Harley and acquisition of electric production,gas distribution facilities, the construction part consisting 2,251,339 193,210 3,051,208 t . Cana¬ .; 'A- -A A.. $3.52 income valuation intends ta apply- the proceeds from the sale finance to property, transmission stated, Reese and the offices at York City. 6,750,839 $1.78 and S. | Joslyh . dated Oct. 1, 1949; due are payable New or PURPOSE—Company of "were developed after many the Bayonne <N. J.) research International Nickel's Development and Research Divi¬ inventions," of (A&O) 111., 4,155,820 $1.58 com. 193,100 3,489,088 include $500;000 provided for contingencies in the lirst quarter.'- This provision was later cancelled when the lastin first-out method^ of ^valuing inventorieswas- adopted, .A,/ Third quarter 1949 earnings -were reduced by $288,000 due to de¬ Corp., Co. (Inc.;, 100.65; The 100.631;. Smith,.. First Boston Corp., 100.65; Halsey, Stuart & Cp; Inc., Barney St Co., 100.44;;•;.*** ; ; i . 3,438,826 share— 64,363 bid of 100;776i .**' Equitable ' Securities were: surplus—T— per 10,845,213 NOTES—Othec Costs; 1948,- • award of won 25' at competitive sale- on a received-"for "2%s bids 100.668; 1,164,238 stock cum. Balance, expenditures ' Glore, Forgan-<!tf ,-Co.f 100.673; Harris,. HallLehman Brothers, 100,667;; Blyth & Co., Ine./ 100.705; of type stock—. 8,914,425 . 10,433,027 . The firms 101.02% and accrued iriterest. malleable iron at Newark, N.. J. .The novel product; popularly, known as ductile cast iron, ' has several... times' greater strength than ordinary cast iron with greatly increased ductility and* ! ican 4,667,427 5,237,305 64,380 1,017,105 pid. on invs. < the bonds Oct. 3,080,145 : 50,625,421 48,376,582 3,577,993 17,874,476 52,857,527 16,798,843 44,482,079 1,132,651;-!- 3,855,040 3,837,445 7,685,881 18,366,357 15,675,102 1,343,564 earnings-^ Divs. Ripley & Co.,Inc,, Union Securities Corp. and White, Weld Sc to; Offered publicly Oct. 27 $10,000,000 first mortgage.bdnds, 2% % series due Oct. I, 1979 at now ^ depletion..— tTaxes $ <y» • - - and expenses Deprec. and Iowa-Illinois Gas & Electric -Co.—Bonds Of fered-^Harr cast other costs matls., 44,880,720 119,313,554 122,339,639 43,132,595 —— Wages and salaries pd riman has available to it a new cafit iron which, unlike iron, is not brittle but can be bent or twisted. This material can be made readily and economically and* can be used in a myriad of applications, thus affording countless i economies throughout the industrial world. It is probably the most' -outstanding .metallurgical development in the foundry, industry since. ;iaround 1820 .when Seth Boyden first made," from cast iron, the AmerIndustry ordinary ^astounding 1949—9 Mos.—1948 • „ TIncl. Canada, Ltd. —Granted Co. of 1949—3 Mos.—1948 • •Income dian International 1296. p. the company's for treasury already made lor this purpose.—V. 170, p. 1496. Patents on New Cast Iron that Bends— — — J „ ^ Proceeds from the sale of these shares will be used for construction 1083. sales 170, Period End. Sept. 30— Oct. on $157,336 $1.17 ' 1949—4 Wks.—1948 1949—40 Wks.—1948 $12,987,172 $12,134,158 $126,802,888 S114,738^66 Period End. Oct. 8— Retail as a whole, ($3.50 par). National Bank, New St., up to 11:30 a.m. 1949. 1, company $310,660 $2.30 .A Sales 7 % Higher— Jewel Tea Co., Inc.~~Current 1,129,439 company 21 received SEC authorization to issue and sell 300,000 additional shares of Us common stock ($3.50 par), subject to the results of competitive bidding.♦ A - \ * The 119,251 $305,010 147,674 „ at. Chase company requirements^. uivmeud applicable to com. stock and surplus Earnings- per comxnon share (135,000 shares)— -r-v. 170, p. 885. , : , . loss wixi 131,080 $466,878 —156,218 $20,237 $38,683 Bal. 1949—9 Mos.—1948 the that announced 27 10,304 $424,261 $597,958 11,831 - __—* 508 - 18,089 $30,541 $50,514 — deductions income Net $9,530,893 $10,114,948 1,375,993 1,973,438 11,280 9,073 directors York outlook for the tra-e name of Ac-cent.-r-V. 170, p. under >. The company is inviting bids for the purchase from it, of 300,000 authorized but unissued shares of common stock held on Oct. 25, Louis Ware, r the future of the corporation of increased sales of various products. He aaiu, irom present indications the coming year will be as good aud pjs.ibly somewhat better than the past year. He also spoke in -raging manner on the progress of production and sales in the Amino products division and the fine results to date of the mercha.idisi..g program for its monosodium glutamate product sold ' Raw with prospects exce.lent be income Gross Income Interstate Power Co^-Bids for Stock Purchase— .,Y-Aaa^aAaAa: that the stated to ' $945,329 70,558 42,095 1,193 *"■ • this matter set on t annual meeting of stockholders the -At President, continues • . $0.87 tAfter charges and taxes.- $0.89 * J " —_____— $929,624 67,202 - lrom ry. opers. avail, for lxd. chgs. suffer 360,990 788,155 $0.33 profit ' AA 178 ' is expected of revenues and property damage of lrom $2,000,000 to $3,000,000 as a result of the recent unprecedented torrential rains and floods in Guatemala. They state that it is too early to arrive at any exact estimate of the losses or necessaxy reserves.—V. 170, p. 1296. to 1947 $9,234,246 805,627 . tNet hearing a 1949—Month—1948 revs. Net income Corp.—Earnings— 1949 $10,208,702 Quarter Ended Sept. 30— gales operating rev. Inc. 'V The International Minerals & Chemical Judge Period End. Sept. 30— Railway ' 170,-V- 1395. 15, last.—V. Jan. Other stock of the reorganized company which is Knight alter Nov. 1.—V. 170, p. 494. A": * by Utility A Preierence 1950, to holders of record of 30 cents per share was made A special distribution allocated bonds mortgage International Rys; of Central America—Earnings- Special Dividend special dividend of 40 cents per share of 35 cents per share on a be for payable Jan. 16, both stock, common to the first plan bl reorganization an additional block of 56,139 shares of common . quarterly dividend usual the to Dec>15, 1949. on have-declared directors The ' creditors under the trustees' 5% stock dividend on international Harvester Co.—To Pay in ,, , of the com¬ be reduced from $11,062,500 to $9,082,500. This settlement available for distribution to the public bondholders and pany will will make per 'Nov. this, settlement, to charges - 1949—9 Mos.—-1943 1949—3 Mos.—1948 taxes -— shares ^outstand. Earnings per com. share ^-V.: 170, p. 107. - 291 378 $1.13 $794,513 $361,392 $327,838 291,378 " $1.24 $779,937 291.378 291,378 $2.63 n - $2.73 Volume 170 Number 4851 THE Kansas Oklahoma & Gulf Ry.—Earnings September— Gross from 1949 1948 $291,238 $503,647 ■ . railway.-.. accounts 1947 from 51,768 246,634 Net ry. *1,563 105,558 51,020 f : $309,440 128,022 From January 1— from railway ? • Not from Net ry. '' • , , 52,412" 170, p. 4,248,671 3,661,738 1,950,208 1,666,905 1,117,963 651,764 770,453 752,395 CHRONICLE t Lehigh Valley RR. (Julius) Kayser & Co.—Earnings— (Including wholly-owned subsidiary companies) Net Gross inc. Other $303,901 38,074 income Total fr. opers._-. income.^ gross Interest 1948 $742^281 = f ■ for 127,082 Federal 66,661 $780,060 1,379 437 72,595 ■ 89,840 296,625 287,858 Initial 2 $363,837 \ $0.49 $368,683 share per $0.17 above received figures from do Julius $0.55 not include Kayser Bondor, Ltd. of England.—V. 170, the (Aust.) earnings Pty., States. Ltd., created 5Mf. Fisher M. by the has death been elected of George D. 587,431 1,180,115 172,241 660,920 52,248,272 59,475,126 11,770,666 6,394,249 53,839,541 9.449,965 3,738,613 49,280,921 9.231,610 4,035,501 •/ President fill to Keller. ■ Vice-President in charge of production. 1 the at said that company's production first vacancy Net have already models, wagon $1,195 nnd_the Super-Chief DeLuxe Period End. the been Model 1949—3 Mos.Cl948~ $2,477,794 $2,767,685 Other income —16,008 at Chief and $1,245, both f.o.b. 14,499 . income $2,464,401 of products .said— Selling, mclministrative & ) M ' 1949—9 Mos.—1948 $6,971,138 "Based the tax. " : f — profit r-- - July net profit per on < $599,950 $470,244 493,051 533,460 231,714 '/ 77,238 ) < $0.85 $1.94 $21,411 $48,438 - . v - $0.07 of less allow, of cost approx. Investments & other assets, $103,141 $93,732 $0.33 $0.30 ; '.'J , $15,000 1,127,495 mkt._ or 1,041,152 v ' —V. Gross the Net from Net ry. is 206,048 par val. (iss. 308,952 432,749 7,723,800 shs.) 7,723,800 >1,866,645 ry. is 11 Vice-President Chicago, Assistant 998,399 be sold shares to ceeds Oct. on (10c in the 19 to cents each, value in will be and 111., approximately $500,000. : plant and has would v Z1948 used and director a of the Harris President the of Kellogg Co.—V. p. for letter a of capital stock, 33.223 partial $754,900 330,046 245,159 184,952 shares payment additional notification of which at for working presented to company a.m. 25 and capital with the SEC 33,000 shares will cents oil at 20 North (CST) 6,702,906 5,313,166 Sept. 30— on each gas and 50,000 leases. and Pro¬ additions Wacker Drive, Nov, 2.—V. to 170, p. Room 1599. Subs.)—Earnings— 1949—3 Mos.—1948 sales—. -1,844,190 2,508,721 1,841,175 $2,154,500 1949—9 Mos.—1948 1,827,900 $2,063,646 1,764,986 profit-—-—_ Selling, admin, and gen¬ $326,600 $298,660 1,473,969 1,053,759 income $821,076 $1,039,143 109,661 113,717 339,414 348,125 expenses Operating profit' $216,939 income • $184,943 5.834 v $5,907,972 5,086,896 Rents, 1949 1948 $188,064 69 income 5,202,401 $691,023 11,537 7,001 $493,199 $698,024 2,561 8,954 3,279 Z tax share com. . 788. p. $4.15 $4.13 $7.21 and State income taxes 585,153 (such -taxes in 1497. p. 1948 1947 1946 $1,394,399 767,284 573,688 333,697 ;•'* 201,967 212,460" 11,090,426 4,567,581 ,905,877 V 305,500 • 13,649,366 15.207,416 6,502,930 4,992,873 2,383,480 2,724,993- $1, 195,067 474,971 ,298,649 ,524,247 <1,763,591 •' •••; 1949—Month—1943 revenues —r. $1,552,916 • 1 1949—12 Mos.—1948 $1,600,254 $19,254,302 $17,704,667 1,2^7,491 1,325,237 16,367,726 14,969,002 $2,886,576 77,790 $2,735,032 11,803. $2,964,366 $2,747,437 - \ . L— others JDr3a ' $265,425 Other income //:•• (net)—. $275,017 .61 i:::' $265,486 Int. and other ;92 / . $275,109 < deducts, * ' (net) Divs. 1946 $3,246,752 $5.36 $3.41 ;Z :/ '70,337 —— "65,588 Z, 822,500 C42.471 $2,141,866 356,532 $2,104,966 $1,785,334 $2,569,350 950,780 950,780 applic. to pld. stock for $209,521 period—— the 170, p. 1192. ,: ' , J $1,748,434 c/ Louisville Gas & Electric Co. Z $2.70 : income—$195,149 Balance 1801. 1949—3 Mos.—1948 .I— 356,532 . (Ky.)—Weekly Output—• Electric output of this company for the week ended Oct. 22, 1949, 33,042,000 kwh., as compared with 45,778,000 kwh., for the week last year, a decrease of 27.0%. After excluding sales to other utilities, local sales increased 1.2% in the corresponding period.—V. 170, p. 1599. • • ' $7,480,963 *197,364 538,576 and 1,377,957 823,243 1,101,104 $87,372 $2,479,061 358,038 371,421 Lukens Steel Co.—Changes in Personnel— • $961,321 debt 118,671 12,148 - Charles Lukens Huston, Jr., Vice-President and Executive Assistantthe President, has been"'elected President, succeeding - Robert W.Wolcott, who becomes Chairman of the board. The promotions 242,125 - 10,958 deprec... 290,748 Penna. taxes *735,871 to funded and y $17,126,161 $21,770,755 422,745 deductions Federal ■ • $151,223 income on * • 348,587 - corresponding 1949—9 Mos.—1948 . $5,999,255 income - 122,906 33,134 856,016 making- til 2,405 149,255 6,355 of as conipany's inc. -I became effective 32,291 707;377 - • Net Income— corp "Deficit. *$224,126 ' ' Oct. fiscal 12 Months Ended Sept. 30— sales — Operating income Rents, royalties 387,455 *$1,017,532 INCOME $933,253 irtg ... — $24,617,322 $29,009,367 *429,338 1,835,145 1,281,929 1,521,875 - Net . other income after all Federal -1948 1949- •: and : Gross income __Z_—__Z__. Interest Other on funded $852,591 debt.. / and depreciation Federal and Pennsylvania income taxes. at in marked the the business beginning of Coatesville, Pa.—V. 170, iron 1397. p. cf and tha stee)- /. . & corporate Forbes inc. taxes earnings Co.—Earnings— 1949—3 Mos.—1948 deduct- . / Z'Z; . expenses.— Preferred 1949—9 Mos.—1948 /■,.'" "Z Com. 43,099 \ 1,126,224 309,720 Cr28,580 -$639,222 "Deficit.—V. 170, p $368,610 $1,383,341 $1,318,147 179,000 130,000 506,000 476,000 $309,340 (est.) $238,610 $877,341 - —-— dividends V. . for $842,147 29,856 29,856 89,568 151,947 ,;Z . 151,947 455,841 455,841 per $296,733 period— $127,537 $56,807 89,563 - $331,932 outstand'g shares Earnings $1,377,517 : 303,894 303,894 303,894 share $0.92 $0.69 $2.59 com. 170, p. 1598. 303,89 V $2.48 Z, - . V/, McKesson & Robbins, Inc. 788. Quarters End. Sept. 30— Net Lehigh Valley Coal Corp. Period End. Sept. 30— sales _______itt- Operating income $6,535,084 • / . i-Z- ■*189,167 Rents, royalties & other income 361,059 . Gross income Interest Other funded on debt 1,715,228 .860,095 $232,705 63,386 180,519 193,701 10,958 33,134 32,290 ; for Federal inc. George elected 292,444 712,506 861,172 208,955 6,355 489,080 Cr2,313 5,485 corporate *$697,496 $1,263,372 ? interest 2,405 Cr5§2 1,942 - income - $485,364' ' ' CONSOLIDATED INCOME ACCOUNT r 12 Months Ended Sept. 30— Z./.-————— ' ■ ; • $28,882,972 $34,335,885 Operating income ; Rents, royalties and other income.. *8250,056 — _ 2,260,235 1,341,546 1,552,989 $1,091,490 $3,813,224 242,915 , Gross Interest income on funded debt..^ 271,334 deductions 84,514 79,747 185,794 - 278,067 Depletion $138,190 $105,037 $304,844 $411,003 $0.13 $0.10 $0.29 depreciation Pennsylvania ... 44,595 1,001,936 1,132,843 income' taxes— Minority interest Net 268,503 581,485 BALANCE ASSETS—Cash, $649,342; U. S. Govt, receivable SHEET, SEPT. securities (after 30, 1949 plus accrued allowances for interest, doubtful corporate Cr563 ; 7,492 *$265,896 $1,776,970 "Deficit.fFederal and Pennsylvania income taxes shown ended Sept. 30, 1949 represent accruals on earnings for quarter of 1948 only.-—V. 170, p. 788; V. 168, p. 1904. year 3,610,563 3,108,271 1,623,350 1,235,869 1,565,525 $1,872,402 $2,387,430 $1,791,501. $1,987,213 com. share Van $0.98 Gorder, President, 1297. formerly succeeding Chairman the of /'/ $1.09 3,952,955 $1.02 Z $1.38 Executive William board and has Vice-President, bee?i J. " Murray, Jr., who has been Executive Officer.—V. 170, Chief ZV:-ZZv%i -:/./:';:ZZ;; >'•, ;/'•; Z.;:'v The company Oct. 20 filed a registration statement with the SEC proposing the issuance and sale of $3,000,000 of first mortgage bonds, 1979 Series, due Nov.- 1, 1979, and 55,361 shares of common stock ($16 par). / . . • • /" The bonds to be offered for to be offered for are common stock common stockholders five shares is held. of No the at the rate .. sale at competitive subscription at $22 of underwriting is financing one additional Involved in the bidding. The share per share for stock by each offering. will promissory notes and to provide betterments.—V. 169, p. 2315. be used to pay off $2,800,000 of funds.for construction additions ani) V Magnavox Co.—Television Shipments Behind Orders— In a merchandise Executive income..—— • 43,099 $0.39 share accounts and and 1 946 $82,258,439 $82,187,029 -:'z " • 1,183,03) . 1948 1949 * — 1 947 ; Madison Gas & Electric Co.—Registers With SEC— Z *$145,052- ZZ>: L. ' p. and taxes.zi. Deduct minority ' 2,974,532 •<• — taxes.. ; per Subs.)—Earnings— 1 948 Z; profit re-elected 243,862 ____ except taxes 1949 New President Elected— $2,845,099 12,149 chgs., income Earnings for depletion depreciation Net Net 1,129,871 $1,063,049 59,090 Z Federal $26,034,987 *627,390 431,863 , $171,892 deductions Deducts, 631,186 after (& $87,944,222 $87,340,974 —— Federal 1949—9 Mos.—1948 $8,571,583 $20,527,438 sales Net (& Subs.)—Earnings— 1949—3 Mos.—1948 Gross v . $488,340 dividends Surplus 500,459 44,595 995,111 income v $3,357,020 480,687 deductions Depletion which 140th Period End. Sept. 30— ; ACCOUNT / , 1949, its and fabricating Earnings CONSOLIDATED 30, year, 286,080 ' . trade 1946 $2,416,743 Louisiana Power & Light Co.—Earnings— // 845,133 1947 $5,093,571 950,780 $6.76 royalties & other Z—L* : Gross Other (est.)—_ CONSOLIDATED $612,378; 1947 $4,856,321 1,170,335 $1,819,685 income. oper. 170, —v. $6,427,201 950,780 outstdg. income Federal Net profit Earnings per meet¬ 656,482 $617,873 234,202 $6,241,549 $481,662 3,120 $222,773 deductions surtax may 15 $1,625,005 from Proceeds Total profit and reduced industries - ;• ... sales Gross sales normal supplies have 1948 1949 railway..._■ railway.—— income... ' - . "Deficit. Gross Fed. samo of employment and shipments of finished several 1,170,364 $4,252,176).—V. 170, Period End. Aug, 31— 1,426,810 1,149,836 per Penna. products sold— Other Federal 4,893,789 shares Operating Provis. Kingston Products Corp. (& Other in $8,438,043 , $2.74 and to _ 129,323 5,565,517 168, P. and eral the above 647. Chicago, prior to 11:00 of ry. to 408,875 Period End. Sept. 30— 163, has filed registration statements with the SEC seeking registration of the following: 100,000 shares, Series S-4; 500.000 shares, Series B-3; 700.000 shares, Series B-4; 400,000 shares, Series K-l and 20,000 shares, Series S-l.—V. 17C, p. 139G. • and strikes share com. Oper. exps. and taxes Income from plant leased $840,518 taxes Gross Trust Keystone Custodian Funds—Registers With SEC— Cost level Heavy ' 1949 —V. Lehigh Valley Coal Co. (& Subs.)—Earnings— opera¬ The company Net 22% be * 2,340,801 MacAndrews is inviting bids for the purchase from it, as a whole, of 25,000 shares of 4%%' preferred stock, cumulative (par $100). Period End. highest $6,422,441 r — Net ry„ oper. 1946 148.768 p.. 1297. Depletion company be to materials outstdg. , •;/• been in $618,735 Sept. 30— profit after charges —V. Kentucky Utilities Co.- -Bids for Purchase of Preferred Bids shall the company. at - reported Co.—Earnings— January 1— ' '•/•' railway...; Net from railway ' - 1947 property accumulated stated. was raw was $1.02 for reserve facilities From Stock— 2154, in of $3.42 special a new were the from Gross Lehigh Portland Cement Co.—Earnings— Net The by control Sept. 30— per from Net take -Earnings- 1949 13. charge of Banking Department filed par) 10 refinery.—V, 168, resulting charges Common par at at ZZZZ///'/ 12 Mos. End. Net Other Files With SEC— company purchased the entire / ' 250,862 oper. 170, Gross 116,223 shares Net division of Kropp Forge a -of year, it a attained close amounted Net $9,532,292 Kentucky Oil & Distributing Corp., Monticello, Ky.— The steel railway— railway—— from Net 45,849 $9,677,146 p. 2356. for year, cost months $3.83 periods Louisiana & Akansas Ry.—Earnings— occupies a -5-acre the past 35 years. It is engaged primarily in the for the building and construction industries and products for manufacturers of machine tools. It from Net —Y. $331,494 Pritchard, of Chicago, and Lyle C. Roll, of Battle Creek, elected to newly created directorships. This action increases Roll as income... oper. and $9,532,292 income—est., less U. S. Treas¬ ($251,000 Sept. 30, 1949)_ and-Savings Bank, Mr. 1947 totaled tion. ; nine shares "After 1948 z - railway—. railway—— Common $297,819 82,835 — Pritchard * _ $3,677,146 membership of the board from Mr. $5.95 : and excessive income Grdss Co. ■ E. been the and Earnings of as the steel from Interest have involved Lehigh & New England RR. 119,439 ■ „ Kellogg- Co., Battle Creek, Mich.—New DirectorsRichard and ever Operating 691. p. and for of produces Earned — 170, Woods 440,980 ■*'/'. ,r surplus Total for Common fabricates, a wide variety of steel for coal mine tipples, processing plants, mining structures, bridges, hoppers, and other industrial uses. 169, p. 1780. 209,536 5,703.068 441,652 'V .1 ury Savings Notes Capital stk., without Earned 2,554,290 1948 the final quarter results, *Nct —V. 999,285 189,617 5,441,877 LIABILITIES—. Accounts payable on .2,555,206 Lion Oil 906,717 ...._2__Z 77,541 *! ' Total —I.——.—1 Federal taxes 2,552,735 the From January 1-r- Z , Accrued payable •/:2,555,739 share.——/ per 9 MoS. End. f'" transaction business Gross Sept, 30/49 " Dec. 31/48 $1,030,812 $1,078,205 327,000 75,062 ... int.. less allow, of $5,000 charges • ' C. also $1.52 , . . $0.15 Property, plant & equipment—net. Investment in & advs. to subs 1 The A. $2,616,681 it was reported to directors. Action on the December dividend will be taken at the Nov. ing of the board, it: was announced.—V. 170, p. 788. 231,7*14 . rec., lower $3,420,668 to $8,727,826 t '/./•■; year $9,787,417 4,774,734 . sn. accts. $2,486,270 last : plant Co. 353,367 204,398 from /• Buys Rockford Steel Concern— 163,576 hand and-on deposit— Bonds—at cost & accrued Deferred $0.11 The company announced oh Oct. 20 that it had capital stock of A. C. Woods and Co., Rockford, over the immediate operation-of the » $262,347 increased 1,603,775 $15,208,999 September fabricating Treasury Trade notes & '[ 86,598 $0.30 ^y;. >•:? .6,936,206 last affect $5,697,469 235,635 - - . 5,608,370 7,697,712 factory inventories, it was reported. Uncertainties due to nationwide $6,354,724 1__ t 6,619,720 both period 1 share.. . . profit Sales 1948 1946. $8,995,191 Not avail. products 1949 ,/ 1947 .... res'ch expenses.. the, rate of $2,000,000 full 885. ,' • September— company.. Inventories—at in 1948 .Z $24,104,850 $21,272,402 Not avail. replacement histpry/ steel COMPARATIVE BALANCE SHEET U." S. be 1949 other ,../; shrs, outstanding.. In materials raw will 3,422,922 taxes..—_ $12,460,114 Earned President, in a letter to stockholders, said that the the highest in the company's peacetime history and were increased operating efficiency and greater sales volume at 1949.* 15,773 289,231 ASSETS— Cash 31, 499,521 173,410 . parent taxes. common assets 12,636 : Cap. Kropp stated that the employees savings and profit sharing fund had increased from $72,553 to $174,687 and that the company's labor relations were excellent. He pointed out that the company has never had a work stoppage as a result of a labor dispute in its 112-year "•! ' $236,2-6 depiction JNet prof, of subs., not included above hf plant 786,276 shares outstanding. of 5G1.302 Cstsh divs. paid—"77,238" Earnings per share $0.76 Subs, p. other the and devel. Net Kropp, 9,015 130,428 — 6,792,129 > on 174,141 - and Mr. $7,066,899 5,483,725 ' *4,607. (est.)Z ... & • . Z;;Z;'Z/7''-"IC: Net Deprecation that July 31— costs. Total .41,380 $7,010,989 • 203,204 : inc. on certain and Sept. 30— mfg, Federal > 8,633,235 Libbey-Owens-For^ Glass Co.—Earnings— Gei,i. adm., sales, were result lower $7,025,519 39,850 - $2,782,183 2,173,105 1,919,947 general <xps Otper deductions Fed. pitch 1— income. * base It is expected months.—V. 170, three after per Roy* A. earnings , Total income "Earnings set 1496. Sept. 30— Net- sales e within paint plant. sales Net ■ Kelley Island Lime & Transport Co.—Earnings- Cost of the at — > \ schedules station two Huntsville, Ala.—V. 170, p. ■ purchase used Fiscal Years Ended the Super-Chief, and that it is planned to make both available to the public shortly. It is presently estimated, he said, that the Chief wiil sell the ... Fisher protective annual Kropp Forge Co.—Reports Record Earnings— formerly hea'ded the Body Manufacturing Division of Studebaker Corp. Shortly after leaving Studebaker last February, at the age of 65, he joined the Keller Motors Corp. as a director and for be from Total industrial an Jan. payrolls Fisher Mr. of $5,824,226 1,169,770 railway—.. railway.— Net /-/■.s/' 1396. p. Keller Motors Corp.—New President Elected— George for ,/,' operation Kayser- or contracts call for and to divi¬ nor operation 860,389 ry. oper. income— —V. 170, p. 1397. By-Product Coke Co/ has arranged with Northern Wood Preservers, Ltd.,- of Port Arthur, for leasing of a site for the erection of the plant $0.50. of, and 1946 $6,024,195 1,741,322 Net • delivery of 15,000 tons of enamel coat¬ ings for application on the Edmonton, Alberta, to Duluth, Minn., pipe-* line of Imperial Oil, Ltd., and an associated company in the United 358,595 $406,794 construction 1947 $6,803,564 1,223,624 from 9 Mos. End. V 1948 $5,588,391 income oper. From Gross capacity at Port Arthur, Ontario, Canada, by the By-Product Coke Co. of Canada, Ltd., a wholly-owned subsidiary, were announced on Oct. 21 by General Brehon Somervell, / President of tbe parent firm. ;■ < /■";-.••■• •'/•'• .v"- 52,345 $125,053 • — NOTE—The dends ,73,588 for coatings plant* of 25,000-ton j ■ taxes income Earnings $713,399 z Canadian Net and Plans $725,669 v $803,196 •:v. 2,024 97,753 —... Depreciation Provis. 60,915 * / $341,975 $652,081 .- Koppers Co., Inc.—Unit to Build Plant— 1946 ry. salaries, ' ' "1947 1943 1949 from railway * from railway.—Z_ Net " Quarters End. Sept. 30— Earnings— September— Gross accrued royalties, $1,364; accrued workmen's compensation insurance, $5,434; accrued State and local taxes, $37,975; Federal taxes on income of the current and prior years (est.), $336,623;-common stock (par value $1 per share), $1,050,000; capital surplus, $1,420,245; earned sur-i plus, $1,607,350; total, $4,785,963.—V. 170, p. 788. 1296. (1701) of and commissions, $58,177; accrued Federal excise tax, $11,436; accrued payroll taxes, and taxes etc., withheld from employees, $25,487; 502,668 ! FINANCIAL wages 2,770,844 .1,627,704 ; income... oper. '' • 112,597 3,939,806 railway....;. ^Deficit.—V. n ; , Gross & $24,569), $815,188; inventories—at lower of cost (average, or first-in, first-out) or market, $1,558,106; other assets, $8,086; property, plant and equipment (after allowances. for depreciation of" $738,346), $1,037,301; patents (at cost, less amortization), $46,030; deferred charges, $59,532; total, $4,785,963. ^ ; LIABILITIES—Trade accounts payable, $231,871; accrued 1946 $367,558- Net railwayoper. income.'.. COMMERCIAL for the the last allocation letter to its dealers, Frank Freimann, Vice-President, points out that although production tbi) beerr almost double that' of previous months, shipments are falling behind the accelerated demand for Magnavox television receivers and radio-phonographs; that the company has held to turn down orders for thousands of instruments. Most models are sold out for the month has balance of the time to come. -The that will retail at the new .tube receiver this 90-inch finest the be to recently announced has company Period End. 12'/2-inch picture, 24 low price of $239.50, claiming a new features, including built-in antenna. The company's production capacity for this set was sold out before the dealers ever saw a model. It is Oper; revenues and exps. from 4,017 240,809 46,322 $466,430 $396,456 Net from ry. $7,794,280 .19,528 other — 82,235 81,987 1,188,868 $1,624,325 1,402,336 income $384,195 $314,469 $6,868,689 applic. to pfd. stock for the period——— 957,534 $27,578 $13,985 $455,242 $221,989 1,740 Dr5,196 17,965 $6,706,829 957,534 $5,911,155 from $5,749,295 ry. Utility Other income- oper. (net) income . Balance -V. Net $239,955 177,371 126,480 $272,674 ? 123,786 *145,026 6,328,051 491,366 5,469,253 *95,939 income *584,152 *821,744 *837,673 *1,154,302 170, 1300 and 1399. railway State Electric New York ;' pp. revenues— and exps. Operation— The $0.76 of ICC taxes— $516,543 & Trust Co., New York, N. Y., has been for 30,000 shares of 5'/2% preferred stock, 1600. the Frost San Augustine income Earns, — —— com. per share— . -.$0.54 . 28.3 miles in length.—V. Net adjustments. from Net ry. the entire year of For • Inc.—Weekly Input— September— 1— From January Net ry. Income— oper. 170, / 108,939 * . 1946 1,030,717 2,062,385 1,442,135 of $950,000 owns additional the will be connecting of 1948 > • - $992,066 550,000 .$1.80 : , 259,316 186,915 joining .in from used for of Series 4% 611,511 $3,780,234 consolidated " parent former with returns 1399. bonds, construction National's be to sold distribution V. line, pipe after per' have until Nov. 81,869 New England Gas & into '' company Oct. on that rate increases estimated increase in operating revenues went announced 25 31% a . • . ^ An" iniUat record Oct. The i June • . v : ■ liquidating dividend of $16 per. share was pa4d;onihe out¬ shares of capital stock Oct. 17, 1949,- to holders of 48,000 7, 3949/ 1 * previous payment - will be ' •* ' ^ Nonquitt Mills-^-Pays $15 Liquidating Dividend— 4 request to last - this-stock on 168, p.'2228. 25, 1948.—V. ' $1 was • - share per on , North American Cement Corp.—Bonds Placed Private- I- hearing. a 14 Electric Association—Output—: > ly—The corporation has issued and sold to an insurance company $2,000,000 4% first mortgage bonds, due 1963, and has * borrowed $1,000,000 from Chemical Bank & : Trust Co. Proceeds are being used to redeem all out- " standing 6%% mortgage income bonds and to repay present bank loans.—V. 170, p. 401. 170, p. 1601. Mississippi Power & Light Co.—Earnings— mortgage- 50-year / effect/at its Sag Harbor plant on Oct. 15, 1049.—V. 170,.p. 1489. •' ' : ■ ■' ' ■ .■' • . For the week ended Oct. 21, this Association reports electric output 15,552,695 kwh. This is a decrease of 382,520 kwh, or 2.40% below production of 15„935;215 kwh for the corresponding week a year ago. v'; Gas output for the Oct; 21 week 16 reported at 160,640,000 cu. ft. This is a decrease of 22,289,000 cu. ft.r or 12.18% below production of 182,929,000 cu. ft. for the corresponding week a year ago.— V. 1399, 170; pi r, of ' Said annum. ~ dstribution of natural gas. persons RR.—Interest— first beginning Nov. 1, 1949, must carry interest warrants Nos. 14 to inclusive. * ■•-" is payable at office of the company in Paterson, N. J.— pipe : districts v: standing distribution systems National's which terminal New York* Water Service Corp.—Rates- Increased— principal serving.-.the systems the on will be paid on Nov. payment on registered to-provide approximately wit: - lateral to purposes; 13, 1943, Interest V •-V'-'-'fi their at due bonds, made National. 'J "■./.■ J bonds of A No. warrant gold 16, Harbor, South Haven, Grand Haven; and Allegan County, with the Michigan-Wisconsin Pipe Line Co. natural gas trans- '/.Interested 2,224,367 436,227 769,527 $4,439,592 - 1, 1949, at the rate ; bonds will be made ; to holders-of - record .at- the close of business on Oct. 28,. 1949. The New. York Stock Exchange directs that the bonds be quoted exj interest 2% on Nov. \t 1949; that the bonds shall continue to be dealt : in "Flat," and to be a delivery-in settlement of Exchange Contracts ; *579,908 Benton 17,546 . $4,391,745 - and others,—V. 170, p. Interest 5% 35,944 1299. p. now >4 amount, $159,198 18,269 $5,209,119 21,701,729 3, 471,749 1, 240,724 170, p. 1299. due A, Proceeds - 1,549,646 417,056 s *' 151,045 22, 358,996 4,720,862 , 2,298,272 income... Mutual devoted to 48,558 4,842,202 > York. • 1,416,415 329,784 railway.-. from Net • - railway——/ from Gross 1947 — company applied to the SEC for authorization to Issue, and principal amount of first, mortgage bonds, 3 % 1971, to The Mutual Life Insurance Company of New Series $170,397 26,539,292 24,118,263 — shares of mission 1948 *103,063 Cr268,000 $315,385 $380,526 Cr237,000 New York, Susquehanna & Western railway- oper. Mich., .$191,007 . 56,239 21,013 5,259 - of 11,581 income™ oper. ry. ry. lines '1949 $153,762 36,718 - railway from 236,932 The RR.—Earnings—f-.\ from.railway—[, ' Gross 320,459 1,659,494 : appropriated for pfd. stock dividends— ♦Resulting The company-has * ■ 102,402 sell $450,000. additional v- Midland Valley $2,315,726 150,590 129,994 : Crl3,000 Balance National Utilities Co. of Michigan—To Sell Bonds Pri- 20, 170, p. 1600.' $2,486,547 571,974 • ? 1949. the System input of subsidiaries^ of this corporation amounted to 87,235,000 kwh., an increase of 12,158,000 kwh., or 16.1%; over the corresponding week of last year.—' week ended Oct: $2,924,571 < ; ' /^ 7*. 1949'I r all charges and taxes —L $939,095 outstanding:.———. • ( 546,700 Earnings per share $1.72 —V. 169, p. 2106. v; V •/', V/../ -1 • •. ■ - the $2,656,538 652,609 railway Deficit.—V. Number Tillisch, consultant in medicine at Mayo Clinic and the Mayo Foundation'of " the University of Minnesota, both at Rochester, Minn., has been elected a director.—-V." 170,' p< 1498; - • '/■ Middle South Utilities, 1946 C Nine Months Ended Sept. 30— . Jan T. For 1947 National Aluminate Corp. (& Subs.)- - ' 136,418 / income Amount Earnings— 1948 income— (net) Federal/ in Income taxes 1994- ,;Net proiit after . Mid-Continent Airlines, Inc.—Tillisch a Director— from Net \ '' V' 'i > ■' Special adjustments of $2,178,111 resulting primarily from increases in the amount1; of renegotiation reserve for the year of 1945 resulted in a. net decrease of $586,331 in earned surplus for the first nine months of 1949.—V. 170, p. 1298. ' '.v; Dr. from Gross $16,- 1948 the company reported a net loss of deducts, Reductions From Jan. 1— 710,762. ' ' —V. * 6,009 ; $5,860,839 1,737,094 * Net • $6,631,613 ' * Net 123, p. 1949 railway. oper. 3,476 $427,379 $5,854,830 $6,628,137 101 $516,944 income—— Income Counties; Nashville Chattanooga & St. Louis Ry $1.40 Not avail. $0.23 - income taxes, but before special charges and "■After r'*~ Net Gross abandonment Lumber September— Gross from railway.— 1949—3 Mos.—1948 1949—9 Mos.—1948 $11,105,126 $15,151,046 $34,138,079 $41,839,374 614,806 258,808 > 1,591,780 Not avail. End. Sept. 30— Period Sales V. permitting rights by the company, over a Jine of Industries, Inc., of Texas, in Nacog¬ Texas. The line involved is ap¬ trackage under certificate a and of Other $427,278 401 income income (net) Net Martin & Co. (& Subs.)—Earnings- (Glenn L.) - Abandonment of Central Hanover Bank The appointed transfer agent value $20.—V. 170, p. par "Net issued 14 proximately Agent for Preferred— Corp.—Earnings— \ Oct. on operation railroad doches Transfer Gas & 1949—Month—1948 1949—12 Mos.—1948 $3,811,624 $3,753,249 $46,028,423 $44,428,121 3,295,081 3,325,971 59,400,291 38,573,291 Period End. Sept. 30— Oper. ^-1'.''v 170, p. 1193. Nacogdoches & Southeastern RR. $113,475 $1.82 $10,497 $2,634 stk. (150,000 shrs.) —— share of cap. per $450,045 13,091 ; 15,759 (net)— income Earnings $15,724 $26,256 income. Gross , • 1946 $628,320 *21,846 • 6,010,421 315,600 Operating Income deducts, „■ , 1947 , $726,479 65,480 5,042,332 353,880 railway— oper. Operating ' V 30,610 Deficit.—V. 1,133,773 Net Divs. Ry.—Earnings— 1948 $704,160 141,135 *93,061 income 1949—12 Mos.—1948 $2,069,204 1,613,962 • railway™, oper. from Net $8,057,557^ $7,840,602 deducts, 1949 $549,178 10,849 • railway— From Jan. 1— Gross Net income..—.—_ and (net) Drl,322 taxes— $7,816,748 * 1949—Month—1948 $166,158 $144,724 138,580 130,739 —— $446,902 $392,439 (net) income Gross Int. Period End. Aug. 31— taxes.. revenues.— oper. Other competitive pace for nexi yean—V. Operating and exps. Net Maine Public Service Co. (& Sub.)- -Earnings ,. Gross $1,612,922 $23,345,504 $21,507,704 1,220,483 15,528,756 13,713,424 $1,694,065 1,247,163 — September— „ will set a model to sell below $300 170, p. 1599. indicated that this and a new floor new New York Ontario & Western 1949—12 Mos.—1948 1949—Month—1948 Aug. 31— revenues Monday, October 31, 1949 Net Oper. this class with many new set in screen Operating FINANCIAL CHRONICLE & Co.—Earnings- Montana Power working at full capacity and the company's plants will be year lor some *• COMMERCIAL THE (1702) 10 Northern States Power Co. (Minn.)—Registers Com.— " Period End. Aug. Operating 1949—12 Mos.—1948 $1,275,343 $17,892,692 $15,656,764 1,098,481 14,609,625, 13,127,738 1949—Month—1948 31— revenues . $1,419,245 1.206,785 —— Oper. exps. and taxes— New England Electric System—Hearing on Financing / The has SEC issued order an giving interested persons 2 until Nov Company Net $212,460 $176,862 5,793 revenues-—' oper. 28 income—— .to $2,529,026 "5,406 $3,233,067 17,195 request hearing a As the upon company's stock common financing oifer income Gross (net) $176,890 $218,253 $2,534,432 $3,300,262 — made at 846,181 919,621 45,970 — Proceeds will be 266,856 266,856 $2,113,785 $1,421,395 «. ■ — - Operating Oper. • i».»A a <»' Missouri Pacific RR.—Strike Ends— officially at 10 that ances strike the of (CST) a.m. precipitated on the roaefs operating Oct. 24. strike It would employees submitted members of the four Int. railway rev¬ the 5,000 Another 20,000 nonstriking ' income . mtge. to $2,864,090 $35,753,456 $35,052,213 2,606,332 30,914,900 30,859,401 $358,125 $257,258 $4,838,556 $4,192,812 8,906 7,023 98,139 107,067 >» •_■ » $367,031 $264,281 114,688 87,604 27,868 5,671 $4,936,695 1,322,084 230,161 $224,475 — $171,006 $3,384,450 deducts.- income Divs. applic. * — to pfd. stock for $4,299,879 1,051,250 236,518 $3,012,111 369,541 369,546 $3,014,909 the $2,642,565 period Balance -V. The In an order announced Oct. 19, the SEC gave interested persons Nov. 2 to request a hearing upon the bond and preferred stock financing proposal of company. As previously reported, Missouri contemplates the issuance and sale at competitive bidding of $2,000,000 of first mortgage, bonds, due 1979, and 20,000 shares of cumulative preferred stock ($100 par). Proceeds would be used to pay off $2,000,000 of unsecured promis¬ sory notes, to reimburse the company's treasury for capital expendi¬ tures previously made, and for property additions.—V. 170, p. 1600. offered and first to 170, share for Trust Co., New York, N. Y.; has been appointed agent for the 5.6% cumulative preferred stock, $25 par value. pp. 1601. and 1300. / ; : > *4;\4' '44'4::.-. -/4 New York Life Insurance Co.—Officials Promoted— A. Grant Martell has been appointed Assistant Treasurer. Everett G. • Monsanto Chemical Co.—Official Retires— Judson, formerly Assistant Manager, was advanced to the of McLellan, Manager formerly Rutter B. General to retired Manager of its devote full retained In has Vice-President of this of the Senior Investment Analyst, number (not in excess of 79,212) of additional shares acquired by the company in stabilization purchases." such as be //! Proceeds the- financing would be used for the payment, of outstanding bank notes issued to finance in part the of $15,000,000 of was Department named and H. James Assistant Manager. Mass., in Merrimac Division, effective Nov. 1, as an industrial consultant. He has the after ; been Jan. 1, capacity, and plans to open offices 1050, ' 4 . small plant site at Santa Clara, Western Division was announced on Oct. 24. a Calif., by the company's Irving C. Smith, Division General Manager, said need for that the Western that manufacturing the purchase facilities Division could in the improve brought was San its services by about Francisco Bay so area Electric of output this company kwh., 65,529,000 Mr. begin Smith in said that bids received and construction — concession, of 45£ to NASD members.—V. Montour RR. as the ground lessee, year, /; Period End. Sept. 30— Rail operations— 170, p. 2422. Earnings— Operating revenue—; 11,494,697 Gross revenue Operating Prov. 80,560 1948 1947 $325,927 $237,327 $287,940 118,310 29,460 91,847 . 100,655 . 1946 . 36,510 V , 69,074 1949—9 Mos.—1948 14,440,530 109,268,892 128,249,968 11,002,922 87,776,641 101,181,368 780,000 1,406,418 8,186,000 9.687,186 Equipment rents (Dis¬ 248,241 262,664 2,132,081 joint lacil. rents (Dr) 504,551 549,072 4,283,671 Net Fixed ry. oper. income- 570,907 1,219,454 619,240 633,447 *48,333 . 4,076,461.. 4,715,384 6,890,499 8,589,569 5,575,216 5,961,575 586,007 1,315,283 Gross from Net ry. railway of & 81.7 76.2 80.3 78.9 "'364,615 253,732 2,988,347 3,429,853 34,582 394,000 474,814 income 31,073 Federal income income (net)taxes— Fixed chgs. & conting. Int. —V. oper. 170, p. income 2,280,605 2,334.645 1,920,295 451,752 632,166 643,666 336,657 490,800 640,694 552,765 1299. *• 325,601 Net * income Total Net " operations? '■ ' income ^Deficit.—V. 153,594 211,021 '• 155,063 1300. 64,087 - 1,382,346 1,212,001 .11 •<«■>>,".»' 162,688 170, p. - 31,692 Cr47,982 _ 373,340 379,967 Cr30,916 $527,518 Net Divs. pfd. on stock. Balance Cr447,121 Crl85,443 $7,698,833 $7,274,955 $497,424' 80,538 , 80,538 $446,980 —V. — 170, p. 1194.:.. $416,886 966,469 966,469 $6,732,363 $6,308,485 : ' . - terminal Mur.oie at operation at of* Marathon marketing cember and a by It the feet, 130 products scheduled 15-acre will be of shipped its from has completion site tires, 15 by 23 direct which been fa greatly facilitate the dis¬ the eastern part of the for terminal for storage terminal office building, Refined will one storage capacity of 119,000 a on is line pipe similar throughout products area. have will facilities house, 28 ~-and by supplementing a Indianapolis since 1945, Ohio's Other . . that it is constructing a refined Will receive Marathon Cat products terminal, new - . which (Ind.) and other refined Robinson (111.) refinery. gasoline The . Co.—Constructing New Terminal— The-company announced on Oct. 26 products be batteries feet, of the in early barrels. will ware¬ accessories, and masonry De¬ "" steel a construction- 650,094 ' . . Ohio Public The 2,527,284 t *• J 3,988,657 terminal from Robinson shares of its authorization common terms will registration ($7.50 sell through of the underwriter? not determined be Cities Service Co.'s None' of Hthe Service.—V. stock to names a pari with until and the SEC the now 2,000,000 which Cities Service Co. negotiated underwriting. the after offering the and p. of 1602. the offering will Commission aocrue to seeks , underwrites passes application for exemption from competitive proceeds 170, is Service Co.—Stock Registered— has placed in company 1,594,376 1,360,663 to through Buckeye's 175 miles of eight-inch pipe line which being extended from Indianapolis to Muncie.—V. 170, p. 1194. Other than rail operations: Nonoper. 2,015,471 /-v " income $9,484,950 2,310,200 169,006 194,387 ; disc't, expense—^ 3.698,126 4,715,250 $9,935,252 $667,206 $704,996 debt 966,720- 966,720;: J4,077,893(4,919,905 deductions The 2,034.242 610.226 2,627,994 chgs. & cdnting. int. From January 1— ^Net from railway 80,560 655,833 ( taxes—J income prem. 304,073 plant acquis. long-term debt— on Amortiz. 23.981,230 .'.22,750,303 3.895,436, 3,540,248 1,978,683 1,880,542 334,893 / depreciation income Gross Int. Co.) Power 1949—Month—19481949—12 Mos.—1948 $3,656,824 $3,640,748 $47,776,436 $45,161,603 ; taxes Federal Pennsylvania subsidiary, — expenses— for Amortiz. of Ohio Oil 9,390,998 expenses Taxes Oct. 21, 1949,. kwh. for the 170, p. 1602. week ended the Ohio Edison Co.—Earnings— tribution Operating ratio?— 1949 $128,143 7,824 / RR.—Earnings— ■1949—Month—1948 an on The financing will be $2,325,000, represented by 15-year 3Vi% first ^mortgage leasehold sinking fund bonds to be issued by the BryanBullington Corp.—V. 170, p. 1399. 4. Net 27,312 announced it ,.was 444:.: .■'■ v''/.-44 4,4 ',.4 sublessor. Operating Secondary Offering—Lee Iligginson Corp. on Oct. 26 announced the completion of a secondary offering of 13,500 shares of common stock (par $1). The shares were offered at $7% per share, with September— Gross from railway Net from railway v Net ry. oper,. Income... the ,,..44;, will near future on the plant which will produce synthetic specialty coatings for the California area.—V. 170, p. 1398. Moore Drop Forging Co. a Corp., ' New York New Haven & Hartford have-been the resins and has completed arrangements for the financing of a office building now being built in Dallas, Texas, for the company 10-story Bryan-Bullington "'Oct. 27. for with 63.704.0C0 increase of 2.9%.—V. compared as corresponding week last 4.4 4 ; rapidly this to the growing market. . Building— The entire building will be leased for occupancy by The Atlantic." Refining Co. under a long-term net lease with Bryan-Bullington Corp;. Buys Western Plant Site— Purchase of Th.is new latter (Texas) , Weekly Output Shows 2.9% Increase— Other Finances New Dallas and as in order company time to service by the firm Boston, as 150 shares ta allotment) by limitation of (subject to a plus " J. (with may General had He previously been Manager of the Investment Department of the Treasury Department. '44. > '.4'-: " position each to oversubscription adjustments 4 for employees balance the (Including Manufacturers transfer —V. issue stockholders is six shares held. The subto be supplied by amend¬ offering proposed purchasing stockholders. Underwriters will aoquire unsubscribed shares, Period End. Aug. 31— Steamship Co—Transfer Agt. com¬ . will be 170, p. 1193. New York & Cuba Mail until course. and underwriting terms are determined by the bidding.. Unsubscribed shares are price and be in due the new application for company's bidding; action on the for authorization to application expected one the competitive Act reported, of rate is denied 14 from Company company's construction program. bonds and the each) 1949—12 Mos.—1948 44 ;.4" • at Oct. on sale the previously ment. (net) 44> lV4; int. Net Missouri Power & Light Co.—Hearing on Financing— . which it proposes to par) stockholders. common stock the scription — • and sell totaled of made idle by the walkout. about three days before the long idle equipment was in con¬ permit full scale operations.—V. 170, p. 1398. ' •'4 4- to 44...; 4" 4' '4'^4;v4;V.4 44 programs of subsidiary of Holding pany's As to Commission exemption each ten shares for construction 1949—Month—1948 revenue.:.—: income on were took dition striking brotherhoods. the . -u"' i oper; - i?;*f Other According to an estimate, approximately $36,000,000 in and $1,400,000 in wages was lost during the strike ■ Net Gross settlement for and i. 44, , tinder the Railway Labor Act. workers to share 1601. p. $2,936,488 taxes— 2,578,363 •ijv.i revenues exps. ■ was over that griev¬ understood was be enue It l •' Other old 44-day new New Orleans Public Service Inc.—Earnings- 170, p. 1193. The one $1,688,251 $2,380,641 $130,920 applied 170, period End. Aug. 31— Balance -V. $129,871 stock for the period applic, to pfd. company proposes to issue and sell an stock ($1 par). The offering is common held. income—1— Net of competitive bidding, with stockholders being given prior companies.—V. Divs. shares subscription rights at the rate of deducts, other and 669,508 sale for The previously reported, the additional to be Int. (no ' proposal./ " Other Oct. 24 filed its registration statement with SEC cover¬ on ing 1,584,238 shares of its common stock upon bidding. Ohio Public v Volume 170 THE ■'?7 (The) Ohio Rubber Co.—Reorganizes—" ; The •• Number 4851 directors of board new The Ohio for Rubber Co. C. of The .present management group purchased a substantial amount of the securities of the new company. The new board of direc¬ tors announced that there would be no change In the business or Ernst. policies of the company. The company has three plants. The home plant located in Willoughby, Ohio, covers approximately 600,000 square feet of floor space. It em¬ ploys between 1,400 and 1,500 people. Two other plants at Long Beach, Versi-bond, matic from Net ry. of rubber to metal products; rubber for agricultural parts for the toy industry are the principal products. thousand other specifications of miscellaneous and The company has several products which Members been have the of manufactured board new of directors are follows: as Howard B. (of The Pitoairn Co., Philadelphia, Pa.), James E. McMullen (of New York, N. Y.), Gen. Hermon P. Safford (of The Rubber Co.), Charles Saltzman (of New York, N. Y.), Franklin Smith Moore & (of The Ohio & Rubber Co., St. Louis, Mo.), Co., Ohio), Robert B. Smith (of Smith, and Frederick K. Trask, Jr. Trask). The (of Payson • following officers dent; Gen. Hermon reelected; were Gross ry." —V. 170, in told. S. & Controller; C. A. A. Edgell, Assistant Controller; J. H. Winchester, Assistant tary; and L. E. Budnick, Assistant Treasurer.—V. 170, p. 1301. Oklahoma Gross from Net from Net ry. railway Net from $98,206 $65,472 38,301 16,938 revenues- $2,720,567 expenses. 2,644,656 2,839 801,485 595,830 686,156 Net rev. from ry. oper. Net ry. Other SEC 326,959 186,663 202,895 73,111 170, p. has 100,937 46,627 35,576 1301. granted change to delist, the The company tributions have Inc., (2) an Inc.—Delisting—r for each share Old of liquidating Two been of Ex¬ General Poindexter stock certificates remained outstanding in the <m Dec. 12, 1948.—V. 170, p. 597. 3 Months Ended Sept. 30— Blister produced 3,424 32,254 $5,979,857 226,764 452,641 2,497,968 3,643,815 —V, 170, 15, of New NOTE—Conversion N. the 1958, for redemption 169, p. Portland General Electric Period End. Aug. 31— Gross oper. 2948 1947 "3,708 —V. on increase $0.33 will two-for-one a the in 7 consider basis. authorized $0.63 £1 through G. Chairman Maguire, has company no outstanding 1,061,725 998,967 1,040,806 and the $1.45 $1.95 $2.12 They will be stock ry. Hampshire—Earnings- 1949—Month—1948 $1,248,096 extra was of each paid of Board, the Dct. on plans concerning the stock that declarod this at Hugoton Panhandle time Production dividend extra an last Co. On year. stock of June issued was share-held.—V. common Period End. 170, p. inc. $161,944 $2,833,388 $5,664,839 Oper. expenses <fc taxesNet oper. Other 25 stated 15,851 4,325 1,210 11,488 — $243,784 $160,734 $2,821,900 cents 25 $2,314,822 60,145 div. 59,850 802,989 Net 1949, 23, as on the 25. No one-half dividend a on $2,018,911 —V. 28,560 28,560 341,700 341,700 $72,324 $1,677,211 $1,324,827 $0.16 $0.08 $1.78 $1.41 V. 2,262 $855,985 276,943 334,056 $694,733 : 51,905,820 93,190 93,744 4,485,999 $521,929 $9,031,794 $7,550,077 2,240,227 1,980,000 Balance $6,791,567 $5,570,077 —V., 170, p. 1602.. Perron Gold Mines, Ltd.—Production Lower— Production for 22,630 tons the quarter ended Sept. 30 amounted milled. This with compares production 26,981 tons milled the previous quarter.—V. electric ouput ended Oct. 5,941,000 V. 170, 22, to of $163,535 from $170,470 from or amounted 4 %, from 1602.. p. Philip to the 143,752,000 corresponding kwh., a week of decrease last of year.— 1949—Month—1948 1,682,296 & Co., Ltd., Inc.—Sales and Earnings Higher1949—3 Mos.—1948 Sept. 30— $ Domestic Export sales sales Net oper, inc. Interest Earns, net per com. To Redeem The directors all next, of 65,046,512 income— the $ 1,604,915 21,931,570 $541,420 Prior 21,142 Cr39,733 184,021 2,208,364 2,042,036 107,788.804 3,368,942 3,677,681 60,778,770 128,457,106 111,466,485 4,097,714 8,012,610 5,801,258 $2.06 $1.95 $3.81 of give Oct. 26 voted to call for redemption on Dec. 15, 18,955 machine Series that tickets accurately at speeds counts up to anything 1,000 per from dollar minute has bills been a 26, 24,709 2,382,416 -v 687,500 stock from $3,492,613 former investment received commercial SEC banks submitted week of Nov. RCA "a reasonable Model TIC "custom" "Tickometer," il type made machine is a general purpose counting is a production in limited amusement to intro¬ and development quantities companies. marking machine widespread application in business and finance.—V. 170, ,p. 1602. 158, ,'T", . p.. 1383. 7 7 j; ■*" - < V 1 proposes to offer stockholders, rights of common stock for each seven held. expected early in December, subject P. S. Commission and the SEC. v..-. subscribe to of Issuance clearance to by, .the The price will be set later.*-- 7;v;- • 1*4 ■'•, \ r if ■■ 30-i~ & Mos.^1948' 1949—Month—1948 1949—9 $10,494,965 $10,149,326 Struc. $83,045,663 $88,172,980 13,443,723 14.047,249 13,976,032 3,828,426 33,188,289 37,295,692 684,567 6,140,368 6,245,930 ry. .. Toal in subsidiary, which $7,315,344 $7,686,143 $67,950,837 $70,966,377 - -1,614,121 ! i 1,303,961 585,199 8,817,593 493,832 - _______ income $1,666,317 avail, 7,063,669 64,293 52,196 .y..' - \ $1,368,254 $7,648,868 $9,311,476 8,780 46,832 65,204 4,420 < fixed for charges $1,661,898 $1,359,475 $7,602,037 $9,246,273 charges 297,339 266,535 2,568,229 2,284,508 204,902 205,591 1,844,997 1,855,290 $1,159,656 $887,348 $3,188,810 $5,1V6,474 Balance Coast during ' ♦Contingent charges 5, $3,777,419 North sold was 678,801 < income™ oper. income Fixed 1948, ♦Interest and sinking funds.—V. 170, O 1402. p. authorization its on 2J/2% unsecured September—. Loans-— borrow to St. Louis-San Francisco & Texas notes 14 be to the Federal corporation the television postponed for a Oct. 20 period opportunity" for field of . that months testing its 10, phase contains of Gross testing, engineering good testing to refine or the should be apparatus and subjected to techniques. ♦lg^SS 32,890 from »8,o96 3,045,083 2,685,693 771.685 495,667 241,453 170, 130,353 The RCA petition reminded scheduled now to be the FCC held that to 12 Months Ended provide 3,339,189 3,568,845 900,150 971,100 262,427 355,285 . 1338. p. second phase Works—Earnings— Aug. 31— Operating revenue Operating 1949 depreciation and taxes—_ Interest before and comparative 967,835 $137,158 "IC deductions "* 4,648 . 1__"_.$528,351 deductions—— other $1,404,992 1,090,809 $523,703 Nonoperating* income Balance 1948 $1,614,512 ; expenses, Operating income Net income Dividends — (net) 112,024 100,123 $416,327 J 43,271 $341,296 $373,056 r stock__* preferred on Balance available for common —V. demon¬ the week of Nov. 14 only to be conducted by RCA, the proponent of one color television system, by the Columbia Broadcasting System, the proponent of a different type of color television system, and Allen B. DuMont Laboratories, Inc., which offers no color television system, 170, during p. 1087, • — stock — $305,6u9 35 S27 1 '•'*'-••••' *)-■ (t Scott Paper Co.—Pays A - "• ' . .<vy,v demonstrations .4,261 .. $411,418 of "The the 30,327 '■ posed." strations $276,970 92,794 . San Jose Water com¬ for the new a 1946 : $339,417 50,768 25,147 railway.—^ Net from railway *.• Net ry. oper. income— unique developments that are in the initial "shake-down" period, and in accordance with practice the 1947 . $324,927 103.019 income oper. 1948 $310449 From January 1— and new 1949 ,,; . Ry.—Earniags^. Commission by the FCC two ry. /•- . , . railway railway ♦Deficit.—V. requested scheduled from Net maturing Compara¬ Communications on demonstrations from Gross Net $1,560,000 all-electronic and completely compatible color television system "to the point where such a comparative demonstration would be meaningful." It was pointed out that the.. RCA color television system, announced to the public on Aug. 25 and first demonstrated before the FCC on Inc., the Wage Bonus-^ "* v" ^' ; 1 • Dividend" of an extra full week's pay for each of its 4,000 employees was announced on Oct. 20 by this company at cere¬ "Quality monies commemorating the ing.—V. of third television system. If the comparative demonstrations are to serve the purpose for which they are intended, said RCA, one comparative demonstration by all three parties proposing competing color television systems should be proponent held at the The scope same a time and Government of to 170, 1402. p. 70th anniversary v.. of the company's found¬ - . o Shippers' Car Line Corp.—Woodruff Resigns— under At as carry on the conditions.- same : • 1 - : meeting held Oct. a Charles in the Sierra Pacific Power an RCA electron micro¬ development of the country's Period End. Aug. 31— Operating for The with - 1943 V 1947 1946 $8,132,243 $11,449,139 $9,440,135 1,609,041 from Net from Net ry. —V. oper. 170, p. 649,319 838,674 96,060,445 85,002,177 j Woodruff accepted, to mem¬ 19,205,858 11,904,216 10,402,820 8,861,251 4,903,920 Co.—Earnings— $338,459 289,375 . 1 v u 1949—12 Mos.—1948 $4,228,345 3,381,548 262,580 • - $3,793,320 22,966,223 $80,332 $75,879 $846,797 1,468 10,419 5,956 $857,216 $833,053 (net) income $80,142 $77,347- $827,096 74,376,573 20,805,920 6,878,818 income 1302. C. was elected Drl90 income. oper. Inoome - Net deductions income Preferred railway railway of Graham committee 1,858,550 1,387,417 From January 1— Gross executive $369,707 revenues income Gross $8,770,101 2,703,848 763,763 14,354,444 _ income... 1,523,417 84,084,722 railway oper. the 1949—Month—1948 Operating exps. & taxes Other 1949 railway of . work Reading Co.—Earnings— from the resignation 18, member J. Hardy, Jr., presently a director, was in the executive committee.—V. 166, p. 376. bership Pakistan has purchased research September— and director a and natural resources, it was announced on Oct. 26 by Meade Brunet, VicePresident of the corporation and Managing Director of the RCA Inter¬ national Division.—V. 170, pp. 1639 and 1500. from the above.—V. v Deductions from income ; 1950, color ry. model received has petition a Net new common the Washington, D. C.p Net earlier Ltd. >V;•V'.y - 6,07^,105 2,253,958 \ , 14,574,831 $4,464,919 687,500 Radio Corp. of America—Asks FCC to Delay tive Color Television Tests— by this corporation, which manufactures postage meters. An optional imprinting device permits dating, coding, endorsing or cancel¬ an ' 1,588,321 7 and to use the proceeds for payment of a like amount outstanding notes which mature Oct. 26, 1949.—V. 170, p. 1638. ing while counting. Called for Co., company three In 1,919,957 2,758,653 1,584,828 income tax applicable thereto,, for the 12 months 31, 1948, aggregating $1,488,054 have been excluded to better comparison of operating performance.-r-V. 170, p. 1499. Sept. in 5,096,243 132,759 19,672*5?4 - Aug. Gross special applications, chiefly In transit and is of Utility duced of available from of 7,445 5,192,915 398,410 18,119,637 2,087,930 $l,824,c395 1.544.587 Federal ended ..121,956 19,711,243 532,690 way Net $6,872,044 . $4,180,113 .. Pakistan Order— 3.(>0% Preferred Stock— Pitney-Bowes, Inc.—Announces New Product— World $336,257 dividends NOTE—Dividends net 1946" 47,133 170, p. 1401. Other $2.69 outstanding shares of 3.60% preferred stock (par SI001 at $103 per share and accrued dividends. This included 5,467 shares held in the company's treasury.—V. 170, p. 303. A $330,757 Transportation $1,704,512 197,520 Stores, share new rights Bal. preference 1947 347,281 __ Operating expenses_ii 21,883,487 $6,348,744 18,985 184,131 (net) amortization & 1948 $1,796,867 '• participation $ 4,314.649 share on i ■ revenues—..^ 1949—12 Mos.—1948 $2,146,335 $28,280,314 $28,755,531 $533,873 revenues— deducs, Income Net 1949 Other expenses requested comparison of the various color systems with present black-and-white television service. The agenda does not provide for in the comparative demonstrations by Color Television, 1949—6 Mos.—1948 • 58,736,734 125,088,164 1,671,926 i Estimated $ 63,374,586 Total < "7 j;.« 170, p. 890. 17,135,412 Maint. but has Period End. i 243,751 income—,! • include ... Morris " $1,530,196 Operating only purpose of demonstrations, comparative or otherwise," the RCA petition stated, "is to demonstrate to the Commission the principles and operating characteristics of the color television systems which have been pro¬ 168, p. 549. of this company and its subsidiaries for the week 1949, kwh., f \, 1949—9 Mos.—1948 equipment ! 1.493,756 Transportation expenses! : 3,598,200 $2,216,169 Other ' • Maint. of revenues—— Oct. Philadelphia Electric Co.—Weekly Output— The • • Co.—Earnings— # Puget Sound Power & Light Co.—Earnings—• $12,712,754 $12,036,076 3,680,960 1 ' railway Period End. Sept. Queens Borough Gas & Electric Co.—Bank stocks for the period— to pfd. v •, * , St. Louis-San Francisco Ry.—Earnings of System--,) 170, p. 1195. parative Dividends applic. . on and Federal income taxes.—V. corporation one $1,666,527 require.. Balance The $853,723 $12,619,010 $11,942,886 $971,676 income held Fredericksburg & Potomac RR.—Earnings^- Fitzsimmons New York 648,295 $100,884 $155,079 stock Earn, per common share share per 56,420,016 12,837 Int. & oth. deducs. (net) stockholders 1949—3 Mos.—1948 railway oper. The to the $183,639 income Balance 1949—12 Mos.—1948 4,537,045 $958,839 (net) income Gross $0.36 _ "-A will remain $5,390,768 $69,039,026 $63,848,706 4,706,000 revenues— income ' ; of from See $2,298,971 (net) income 1086. 1949—Month—1948 Aug. 31- revenues . $0.67 for Rochester Gas & Electric Corp.—New Stock Issue— $248,109 deductions Pfd. Pennsylvania Power & Light Co.—Earnings— Operating $1.01 $$979,182 1,137,149 Roberts Public Markets, Inc.—New Control— 1949—12 Mos.—1948 $1,158,378 $13,962,258 $13,126,017 996,434 11,128,870 10,827,046 999,987 Oper. exps., depr. & taxes from quarterly dividend of 75 cents per share both payable Dec. 15 to holders of record Nov. stock, common 1,137,238 -1.' ' railway Net from railway Net ry. oper. income —V. 170, p. 1302, $2.73 Net oper. income- split-up the asked to author¬ regular .share 1,137,681 $0.70 547,318 < From Jan. 1— Gross 170, p. 1302. Nonoperating from Net 998,967 share per from, Net common Operating revenues. Oper. expenses & taxes- ■ directors have ' ..... to unissued. The sales Gross 1,667,773 $13,533,317 $12,329,889 $20,021,037 $18,197,270 1,543,561 1,943,747 2,204,781 2,731,203 - of no. Period End. Aug. 31— 1,620,000 shares 4,000,000 shares, of which 3,240,000 shares will be issued and out¬ It is proposed to issue the new certificates on Dec. 27 to holders of record Dec. 15, 1949. the 259,915 - - . >, 1,526,500 $761,630 Sept. 30— September— 1,829,135 standing. William 1,021,545 $1,154,274 $520,000 meeting ii, f 1 Richmond 1949—12 Mos.—1948 1,139,153 Public Service Co. of New in to that r $801,200 prior years.- annual ♦After charges • 1948. equals $2.78 proposal a common 1,235,065 Period End. Sept. 30- $724,156 1,021,056 $0.71 from Dec. \ < , 1,920,744 ) , , 194(3 $13,895,615 $13,027 738 $13,313,000 $15,741,000 $37,126,000 $43,501,009 ♦Net earnings 676,832 915,686 1,821,237 2,486,719 Com. shares outstand'g 1,000,000 1,000,000 1,000,000 1,000,000 Earnings per com. share ,$0.64 $0.88 $1.73 $2.40 4,868 $645,900 1,021,056 Panhandle Eastern Pipe Line Co.—To Split Stock—or next, 28, Net Co.—Earnings— 1949—8 Mos.—1948 revenue income Operating stockholders taxes Period End. Trust Kwh. sold (in thousands) Net repairs for first three weeks of July, rate Nov. on sinking fund, $248,950 of first mortgage bonds, due par and accrued interest. Payment will be made at Co., corporate trustee, 100 Broadway, New York. 1996 and 2756. at York Y.—V. Total English currency, 1949 and $4 in 1948 and 1947.—V. 170, p. 1309. stock called 1947 , replacement of "last in-first out" at estimated replacement costs on Sept. 30, 1949, -and Sept. 30, 1947. tlncludes $109,205 special credit of State - been ; ture for maintenance and improvement in the fiscal year ended June 30 last, together with dividends paid, approximated the total annual earn¬ ings of the company for that perod.—V. 170, p. 985. Poli-New England Theatres, Inc.—Partial Redemption and $336,930 - _ for of " 766,470 Rheem Manufacturing have 5 000 share-for a 1,137,681 share com. $4.50 530,985 > provision the 1302. p. ; •, for Reeves, 36,375 $4,004,724 — SEC Oct. 24, John M. President, discussed the company's current modern zation and improvement program, stressing the importance of maintaining the mills in prime operating condition. He pointed out that an expendi¬ 1,644,316 $737,476 ,1948 ♦1,332,185 taxes ... per franchise $7,660,548 1,444,546 5,335 dis¬ 1,021,056 ;• ♦Smelter shut down an $5,481,524 189,870 $260,907 Gross 4,468 depict. & taxes outstanding Profit per share profit inventory $550,00 on hands of 99 stockholders 1949 tons) (long Profit after deprec., ize $930,770 35,928 taxes. inc. shares outstanding ♦After 161,429 income inc. 1949. / — state Earnings $7,499,119 289,493 - charges O'okiep Copper Co., Lid.—Earnings— Bhares $5,192,031 $302,170 - Bottlers, common, all cf the bulk whiskey owned by the company, warehouse receipts for such whiskey having been issued in exchange for $4.50 per share to discharge a bank loan secured by such receipts, and the stock certificates having been stamped to show the distri¬ bution of the warehouse receipts. Only 8.131 shares of unstamped common 14,984 Net Fed. taxes & Net $7,265,722 Fixed Earnings application of the New York Curb stock ($1 par) of the company. substantially The $915,786 6,458 : Miscellaneous deductions shares in the process of liquidation. made: (1) Vs of a share is 26,178,214 $978,207 v $4,264,104 the (& Subs.) -^Earnings— , At ♦Incl. Inc. _u——$13,074,654 $14,223,992 profit before in- 1 ; Fed. 670,388 - 4,436,725 5,620,935 Cr607,967 Cr5,364,652 Cr5,854,332 $295,712 —— income Average common stock, common $57,019 262,946 Old Poindexter Distillery, The 423,348 - Cr643,149 income- oper. income Total .Net 'Deficit.—V. 26,569,072 with sales ♦Net 1949—9 Mos.—1948 3,025,696 < $75,911 - ♦Railway tax accruals Equip. & jt. facil. rents. 1— from 136,930 Com. ♦8,893 726.805 Reeves Brothers, $4,003,903 $30,833,176 $33,443,936 , filed was 1,786 11,997 479,229 letter of notification a it to Walter J. Connolly & Co., .Inc., Boston; at public offering at the market price.—V. 169, p. 2647. -come oper. The 8,924 railway Net ry. oper. income... I 365,917 1949—Month—1948 oper. Nov. 1946 28.460 railway-— 1,248,865 239,242 - 17 3 Mos. End. Sept. 30—; Railway operation 1947 $78,706 income From January Gross 1948 1949 630,920 - : , Railway Secre¬ City-Ada-Atoka Ry.—Earnings— railway oper, V I 270,166 v Period End. Sept. 30— There September— 1,843,721 801,782 » ■; Oct. ,11 shares (,$2.50.par) common stock, to- be sold at the prevailing market price by Charles S. Payson, New York City; a director, J. P. Marto & Co., Boston, will buy this stock from Payson at $4 a share and resell Net Presi¬ K. Arter, Secretary; H. J. BechBourquard, Assistant Treasurer; B. 2,396,119 1,680,006 428,866 >■ F. Charge of Manufacturing; Treasurer 17,191 12,176 ' Reed-Prentice Corp., Worcester, Mass.—Filing On >■ Pittsburgh & Lake Erie RR.—Earnings- Safford, Executive Vice-President; C. J. Edwards, Vice-President in Charge of Automotive Sales; R. A. Mertz, Vice-Presi¬ dent 1302. p. 29.523 42,106 .60,876 7,405 income::.; oper. 63,489 9,655 r railway;..!! railway,!-- from 1946 $168,144 •< . from Net 1947 $212,233 • Mr. Franklin G. Smith, (1703) , 1948 $252,712 income..:. oper, From Jan. 1— Payson & Trask, G. CHRONICLE " •' $129,338 efficiently. Brown Ohio railway.—...frailway...... on use adhesion ment; machinery; type of decorating laminate; Air King semi-pneu¬ wheel goods; industrial material handling equip¬ new a tires for FINANCIAL 1949 - , from Net Calif., and Conneautville, Pa., have approximately 100,000 square feet ©f tloor space -each. Each plant employs between 100 and 200 people. Rubber molded and extruded rubber parts for all types of industries; " September— Gross Net ; , & Pittsburg & Shawmut RR.—Earnings— (Delaware) Willeughby, Ohio, met recently and reelected the former officers.. The company formerly known as The Ohio Rubber Co. of Ohio was sold for approximately $6,000,000 in order to clear up the estate of the late A. COMMERCIAL Balance Earnings —V. r • ■ ' . . U\; " . " ! dividend applic. to per 17,174 T 2 *; 19,884 197,957 158,984 $57,463 $659,259 $674,069 requirements common common 170, p. 1196. $62,969 share stock and surplus (226,584 shares) - 210,000 210^000 $449,259 $464,069 $1.98 $2.6o 12 THE (1704) Corp.—Invitation for Offers— Solar Manufacturing for Illinois the $525,000. invited to make offers for all or part of the by the offer of Sprague Electric Co., which substantially the following; * : ,w of price , encompassed consists of (1) Hudson owned North Boulevard, J., all and including will, at located estate Real N. Bergen, Good ' (2) <3i marks. trade and names property,, personal tangible All trustees will 170, Charles $67 000 J. The Reduced— loan From FOR SEPTExMBER AND fixed charges and of No. i. from ry. —V. 1948 2,571,77o $180,776 550,319 $164,638 550,319 shares common Earnings > _— provision for Federal income tax.—V. 170, p. 'Includes , —$0.33 share— common per —— 12. MOS. at $0.30 railway Operating Operating expenses 71,450,604 31, 1949 "Consol. 29,196,958 23,532,363 and and Income Other — and company its subsidiary, Securities Edison interest. the of City Payment New York, of Southern Colorado Power Eiec. oper. oper. Elec. deducts. rev. net 1,751,218 income $732,369 oper. On of Transportation dept. net operating Income 170, 2,643,475. $1,121,559 Net I present - 1948 6,112,447 13,469,654 $5,228,317 5,451,987 1,159,534 ,.$4,666,780 1,555,399 ITEMS SHEET 3,994 Dr22,l\8 Dr11,083 Gross Net $680,477 $1,110,476 —V. $1,070,779 working capital „— Fed. income taxes Net Income & State income- oper. income $773,736 $729,792 104,055 129,917 157,145 85,462 ;v . $424,602 ? . 340,987 336,740 :> $459,617 $510,064 deductions Net 220,860 % 220,300 ; . $355,562 $643,819 $572,647 > of to SEPT. 30, 1949 Company Company & Only Subsidiaries in liability. time of The reduction book reduction earned time net abandonment ■estimated to estimated an surplus. value ' " L 1948 the income of taxes The bus system the company ceased $110,000 in income 1947 tax Cash thereto $149,896 27,163 1,437,664 373,917 366,124 22,786- 1949, at which the transportation business. 127,960 120,851 for S. and output 2,917,000 responding week 'Based Shares— ; be used Alabama order to Co., assist be to stock, which is to be offered at competitive purchase Power amounts of to shares of the common Georgia Power Co. and Mississippi in financing Iheir construction them invested stock common additional in each and they which will amendment. ■. . number the of Power Co., foreign additional issue are to be --;/% is anticipated tional that $53,000,000 the cash of this program securities generated within the before CONSOLIDATED Period End. Sept. 30— will require the end system.INCOME of the sale 1S51 of over Gross revenue 10,853,403 4,674,600 ___ ' 1,012,250 General Federal taxes income 986,047 income Int. on of taxes..j sealed ■. of • $1,444,033 of debt premium and Other of The stock the Office Divs. on pfd. subsidiaries Net —V. per 170, share 1,754,913 2,543,989 The 2,543,989 U2.070.959 9,140,050 1,859,212 27,074,533 640,487 8,437,383 7,570,378.' Cr5,477 Cr4,959 Cr65,330 Cr54.166 43,298 Cr345,998 19,601 341,223 341,223 4,094,675 4,094,675 839,163 p. 21,834,910 14,953,803 10,204,422 $1.24 $0.85 1402. 12,020,000 shares payable been — Equipment Trust Certificates Offered—Halsey, Stuart awarded & Co. Inc. and associates were Oct. 25 $15,780,000 2V8% equipment trust cer¬ tificates, Series CC, due $1,052,000 annually Nov. 1, 1950 to 1964, inclusive. The certificates, issued under the Philadelphia plan, were reoffered, subject to ICC author¬ ization, at prices to yield from 1.20% to 2.50%, accord¬ ing to maturity. Associated in 1, On for or at 1949. Dec. was each 170, outstanding, offering were: R. W. Pressprich & Co.; A. G. Becker & Co. Inc.; Blair & Co., Inc.; Equitable Co.; A. G. Becker & Co., Inc.; Blair & Co., Inc.; Equitable Securities Corp.; Gregory & Son, Inc.; Harris, Hall & Co. (Inc.); Hemphill, Noyes, Graham, Parsons & Co.; Hornblower & Weeks; Merrill Lynch, Pierce, Fenner & 3eane; F, S. Moseley & Co.; Otis & Co.; Phelps, Fenn & SHEET, to SEPT. 30 1948 192,177,366 165,355,050 10,150,376 .i— 2,164,105 16,294 — • — employees — — —— — 23,324 70,538 .... 1 stock (4,600,000 shs. surplus 263,240 ^ '"T * . " - ^ quarterly a dividend of issued States him of and of America outstanding capital 2,642,321 2,211,254 3,634,725 2,378,983 1,761,153 — — accrued. ; taxes 94,035 294,749 704,314 732,700 8,788,055 3,879,347 216,463,502 171,548,110 credits depreciation, etc. and contingent liabilities - Total -V. 1 Texas Electric Service Co^—Earnings— Period End. Sept. 30— 1949—Month—1948 Operating revenues Oper. exps. and taxes- inviting oper. Other 1949—12 Mos.—1948 $2,077,487 $1,880,231 $21,448,512 $19.022,'832 1.458,931 1,325,870 15,938,288 14,341,237 $618,556 $554,361 $5,510,224 $4,681,595 2,183 3,436 24,860 28,794: $620,739 $557,797 $5,535,084 $4,710,389 revenues income entirety, an shares' 575 stock Gross the of income Int. & oth. deducts, (net) by the Attorney General as a result of Order dated Jan. 20, 1948, pursuant to Enemy Act. All bids must be received at the. Department (EST), Dec. of Justice, 120 96,838 170, p. 1235. 115,524 98,791 1,296,271 919,247 $505,215 $455,006 $4,238,813 $3,791,142 held is 799,545 159,066 ^ — cents 40 is 5,330,505 123,938,750 interest for 30,325,000 12,238,532 Commitments Net public sale, as corporation. The 30,325,000 1,143,754 2,139,236 payable taxes par) no ... debt— r also was paid. at the 164,437 216,463,502 171,548,110 154,393,750 ... accrued Reserve after $35. p. Vesting the compared 1949 and " supplies. Deferred Broadway, income Net Pfd. stock _ dividend requiremenets for period 375,678 375,678 $3,863,135 $3,415,464 New 9. Balance Oct. on about the 25 Dec. rate 1 of voted the on $1 per omit to stock. common, share each dividend the ordinarily Distributions ouarter to and 170, p. 928. 15, last year, followed nine shares extra an Dec. on 21 $1 of share per Pericd End. Aug. 31— 168, paid in cash, additional share Net 2330. p. Sunray Oil Corp.—Secondary Offering—Subscriptions a secondary offering by Eastman, Dillon & Co. Oct. 26 of 70,000 shares of common stock (par $1) at $11 Vg per share, totaled shares offered. better than The shares three times which the number sold were the active Petroleums in the The concern. has its productive province—V, 170, stock was headquarters Redwater and valued ' at at $1.50 Calgary, Peace stock 170, The loans and share. a Alberta, and developments River to Board of Chairman 25 to the of President American Department of of Heyden J Potash Justice Susquehanna Mills, Inc., common This stock was acquired by the & the Chemical high bid Corp. Corp., for is >- and submitted-. 11,422 shades 46,715 54,263 $6,212,136 $5,670,025 141,206 143,736 1,710,124 1,567,854: $438,289 $4,502,012 $4,102,174 requirements for the period 865,050 865 05G (not as has time to Power applied time & and earlier, be may to Co., however, than common and the than The to proceeds time, to enable such companies one January, Aug. of * 31, 1950) to are long-term 1950. in borrowings later such the Utilities two therefore common stock treasury funds. The SEC has upon given interested persons the present proposals.—V. additional such time amounts be repaid when the sub¬ public financings, but ir Texas investments its makt to of advances bank authorization expenditures. their stock make for treasury funds available for borrow from banks from time to to completed later any $4,000,000 proposes SEC subsidiaries, Texas Electric Service Co in amounts not to exceed $8,000,00C construction has the to its Light required. have event from cash Utilities sidiaries hearing stock. 7,507 $582,025 1438. their advances, future, Chemical 16,243,145 $5,615,765 2,100 $7,000,000, respectively, at meet Texas in . $6,165,421 $504,373 company from additional Armour, $574,518 $645,579 dividend p. Texas and Shrs. Susquehanna Mills, Inc.—Bid for Stock— R. $643,479 inett— $21,858,910 Texas Utilities Co.—To Make Loans to Subsidiaries— total no Bernard 17,029,701 income Pfd. indi¬ 794. p. $23,195,122 1,458,832 income —V, corporation Oct. 26 exercised its option to buy 300,000 shares of Pacific Petroleums, Ltd., and obtain almost 20% interest in Pacific that of in Canadian $2,033,350 1,527,920 Int. & oth. deducts, (net) Net 1949—12 Mos.—1948 $2,171,399 revenues income Gross represent firm portion of the common held by the investment and its partners. Partners of the firm still retain a of 78,000 shares of Sunray common stock in their vidual holdings. Exercises Option—Purchases Pacific Petroleum a stock oper. Other Co.—Earnings— 1949—Month—1948 Operating revenues Oper. rev. deductions was by the payment of one held.—V. Texas Power & Light 4 had including , to Oct. the on made Sept. The Southern Pacific Co. stock common United from stock Property, p.m. directors 10,168,514 1,382,214 on with Alien share, per earnings amounted $4,347,656, or 95c per Stonega Coke & Coal Co., Inc.—Omits Dividend— 1948 of income Earnings of $0.80 1949, , payable Dec. 10 to nolders of record quarterly dividend of 30 cents per share the of the under $5,330,505 ! $1.12 $0.30 payrolls Other, current liabilities -V. 1949—12 Mos 19,811 stock Trading York, by 3:30 disc., expense $0.70 extra of 25 cents per share purchase 100% action $5,330,505 $12,238,532 ending Sept. 30, — Accrued stock, capital company. addi¬ debt deductions of constitute above 722,740 long-term of declared an General the for shares 1,670,329 $0.39 period $1.50 or long-term Other $1,291,214 $0.80 K with a 1G49, when Attorney vesting an (12,028,226 2,494,043 10, bids 575 and 2,460,511 subsidiaries Amortiz. 211,999 ) — 24 This compares 7,103,472 80,736 Federal 883,701 i—-• i the common on 3,950,141 659,718 Steiner Paper Corp.—Sale of Stock— by 10,143,622 122,869,680 115,152,360 5,428,549 57.32J3.677 60,873,359 888,950 11,825,297 10,591,537 211,999 1948 $2,174,916 taxes— — shares s Oct. 10,468,775 $12,238,532 months' and Accounts 170, p. 794. which ... Gross income 15. Sept. shares Amortiz. of plant acquis, Adjustments w on 3,024,223 $3,660,176 1,399,992 ACCOUNT 1949—Month—1948 _ share —V. $ Operating expenses Depreciation directors Nov. in '■ -v r 3.301,412 LIABILITIES— of V , Th The furnished 1,514,694 - The programs. the on • on bidding, stocks According to Southern, total construction expenditures of its oper¬ ating subsidiaries for the years 1949-1951 are estimated at $168,200,000. It ' per The company has applied to the SEC for authoiization to issue and an additional 1,500,000 shares of common stock ($5 par). Proceeds will 12 Materials Standard Steel Spring Co.—Larger Distribution— sell the saie of the i ■ft Southern Co.—To Sell 1,500,000 of , 995,869 $1,380,364 "• $5,135,060 1,053,886 Others''--———!?—w 107,499. 1949 providing for preferred dividends.—V. , $6,684,399 7,209,361 Total $2,430,080 Net profit •Earnings per common share— of this company for the week ended Oct. 19, 1949, kwh., as compared with 3,601,000 kwh., for the cor¬ last year, a decrease of 19,0%.—V. 170, p. 1639. $8,436,472 — Total charges U. 264,872 $2,376,233 $1,769,757 share— per Earned —————— Electfic deducts... Accrued Weekly Output Decrease— totaled $2,823,643 - 248,062 ' — , Provision % V -93,851: 111,936 Deferred debits —1,649,040 Capital stock expense..——— 164,437 1,152*366 249>203 Three Months Ended Sept. 30— after $6,419,527 102,288 Prepayments Squibb & Sons—Earnings— income 890,182 2,080,000 2,766,953 .50,884 15,719 1.574,116 1,268,883 -2,550,000 3,514,388 19,568 ? 50,744 , $149,720 45,263 18,693 508,511 3,326,720 ' $2,282,382" $8,188;410 $2,721,355 — period— the Officers .1946 1,520,543 "251,905 32,073 i 785,000 \ • deposits Accounts receivable: • Net credited was was sold in March, to be engaged in income. Customers 66,371 3,633,081 724,030 3,765,797 • Special . 42,402 5.421,397 $ $3,812,331 1S47 $206,757 224,389 851,000 Property, plant and equipment, at cost Special deposit with trustee-— 9,551,411 -. (Including Wholly-Owned Subsidiaries ift the Western Hemisphere) street attributable 390,412 taxes.. BALANCE . $176,136 8,173,449 233,656 ASSETS- 1 1949 •x 1,129,151 13.363,742 $3,375,388 - 7,853,457" Fed- than $6,908,027, $59,741,688 $84,404,665 9,035,312 5,659,924 - 1,472,484 289.570 1,247,181 ' $32,524,026 $22,279,418 surplus at end Common railway property at the charged to earned surplus, and the $110,000 was in of $2.13 share, in the period ended Sept, 30, 1948. car resulted $2.50 ; 1949—9 Mos.—1948 1,962,548 — income.. For 3.05 170, p. 1639. (E. R.) 64,670 $1,276,640 Corp.— Earnings— 2,430,548 .income $2.76 „ of the transportation department from street operation to bus operation was completed in December, 1947. This change involved the abandonment of the street railway property and shares)- $8,089,610 2,331,204 Earned . NOTE—The conversion (598,441.36 1949—3 Mos.—1948 surplus at be¬ ginning oi period AT „ - September— Gross from railway Net from railway. Net ry.-oper. income—From January 1— '• Gross from railway— Net from failway.— Net ry. oper. income— —V. 170, p. 1338. 317,482 $1,494,322 Earned 1,409,212 3-00 — : 16,962 $96,579 $10,261,270 ; income Net $4,292,453. . $3.00 —— ——— — 83,513 $1,341,310 ? income.— Total Z>rl0,345 $736,364 1 liabilities share income.: Earned capitalization — outstanding at end of each period assets 28,428 $1,811,804 : ... revenues— other Other 1,676,808 __ plant and property $9,001,907 i 6,343,588 —. BALANCE 28,592 $141,290 purchaser eral $6,320,266 shares— OF 8,393 $113,540 — common Federal Income ' Spokane International RR.—Earnings— for 1,695 $169,882 1235. oper. Taxes, ' Prov. $1,257,797 Period End. Sept. 30— Total Place, /■ 7,834,473 : Current $1,081,124 income.; oper. $1,783,376 Texas Eastern Transmission 16,785,355 deductions— — Current 2,331,236 , ___ Net 7,744,110 $105,147 — per p. Operating — common 1949—12 Mos.—1943 $168,187 $30,940,094 $24,810,418 - — other On shares 1949—12 Mos.—1948 V $3,765,034 $3,412,361 $703,195 ' . 7,893,476 ' 1,591,691 * . $9,676,851 Operaticn ' 1949/ . . Co.—Earnings— 1949—8 Mos.—1948 $2,294,886 $2,483,588 revenues., 794. p. 641,662 deductions 170, Gas Exchange account — SUMMARY Period End. Aug; 31— 43 trustee, ' Electric and general income taxes. $746,809 (net) Maintenance . revenues income -Number 1639. p. selling Federal 613,848 Depreciation next, ' income Net 6,106,005 Co.—V. all and $782,034 income $300,000 of 1, Dec. on Y,- N. Interest and $16,753,753 $17,394,342 —— plant, 1949—Montn—1948 income Earnings Earned per share: —..i.—— income 'The 6,123,883 ———— of franchise reserves, income. oper. bonds, 3% - series due 1968, will be made at The Chase operating costs, depreciation and taxes— Gross $22,877,636 $23,400,348 — . deductions Net $20,920,772 $20,930,378 1,956,865 2,469,970 —- (net) Gross income Total Net 78,029,574 —— for $724,842 ■ taxes- and income Income 1 accrued Bank York, Operating 178,024,278 taxes $0.72 depreciation for revenues exps. Gross 17,722,026 Gas purchase costs $98,959,952 income — 1,012,984 $0.59 Period End. Aug. 31- Oper. 32,108,364 20,361,238 Operating income operating 1,012,984 $0.24 ' i 1537. p. 100.76 New -—,,———!——-— $98,945,050 revenues Other MONTHS 74,773.098 12 Months Ended Sept. 30-r— Company Net NINE 60.632,899 income oper. 170, National 1196. ENDED .AUG. 1,012,984 50.13 341.657,017 306,034.877 288,470,044 313,398.402 company has called for redemption first mortgage pipe line sinking fund its Southern California Edison Co.—Earnings— FOR THE 1,012,984 share— provision —V. railway consolidated; income EARNINGS STATEMENT cutstdg.— com. Operating Southern Natural Gas Co.—Partial Redemption— 2,531,847 taxes—~ J— .1 1949—9 Mos.—1943 $600,741 provision Utility FIRST The Net income 1640. p. Tampa Electric Co.—Earnings— =———v incl. .♦Expepses, amendment an $247,254 (■Including scrip for fractional shares.—V. 170, First January 1— from Net 1949 1949—3 Mos.—1943 , Co,—Earnings- revenues The September— 1949 1948 1947 1946 Gross from railway— $37,315,757 $40,266,281 $35,329,084 $32,586,128 Net from railway-— 10,182.355 9,536,115 7,092,473 4.237,454 Net ry. oper. income— 4,185,621 3,856,873 2,198,725 1,717,781 Gross South Jersey Gas viz.: 'After Other on Nine Months Ended Sept. 30- sale, on $136,377 expenses, of cost eight lightweight passenger train cars. Net Gros3 the at interest will be issued to provide for the following new railroad equipment, estimated to cost not less than Diesel electric locomotives,- 760 gondola cars, 650 flat EARNINGS 1333. p. and cars 1, $1,000,000 a received were net a certificates standard-gauge $23,670,000: 41 instalment notes payable, has been paid to the Prudential Insurance Co. of America. The 12-year loan from Prudential to the company for expansion purposes was made on Nov. 1, 1947, and the current payment reduces the total amount outstanding to $366,000, Mr. Soss said.—V. 170, under tion 99.131, Corp., 99.09. and Salomon Bros. & Hutzler, 99.006, both fox; Harriman Ripley & Co., Inc., and Lehman Brothers (Jointly), 99.6789 for 2 Vis. - President, on Oct. 26 announced that the sum of 1949, and representing the current years obliga¬ Soss, Nov. due bids of 2,/6s; . Soss Manufacturing Co.—Principal of Loan other Four bid a on voting Boston the offer of Sprague Electric Co. 793. p. awarded was consider class of preferred stock.—V. 170, misc. and per 2.247%. District of New Jersey..< At such plan hearings, the consider higher or better offers with respect to all or Court, —V. profit income shares issue will 18 a Period End. Sept. 30— •Oper. tCom. The Nov. on authorizing Symington-Gould Corp.—Earnings- Co.; Mullaney, Wells & Co.; and F. S. Yantis Co., Inc. V 0'%-'*•' \vT- & estate the corporation or its subsidiaries, Hearings with respect trf the plan, of reorganization will commence nn Nov. 15 1949 at 10:30 a.m. before one of the Judges of the U. b. •part of the property encompassed by charter Earns, by District stockholders the Milwaukee a»l 1445 real other to Peck; Clayton Securities Corp.; Julien Collins &" Co.; The . trade Sutherland Paper Co.—To Create Preferred Stock— The Co.; Wm. E. Pollock & Co., Inc.; Weeden & Co., Inc.; First of Michigan Corp.; Freeman & Co.; Hayden, Miller & Co.; 'Hirsch & Co.; McMaster Hutchinson & Co.; Swiss American Corp.; William Blair & Co.; Kebbon, McCormick & Co.; Schwabacher & Co.; Adams & Interested persons are property Monday, October 31, 1949 Co.; L. F. Rothschild & Co.; Robert W. Baird & Co.; The respect of the above cor¬ poration, incorporating an offer of Sprague Electric Co. to purchase the income producing assets of the corporation and its subsidiaries plan of reorganization has been filed in A COMMERCIAL; & FINANCIAL CHRONICLE until 170, p. also proposes subsidiaries which will financing Nov. 7 to be and in the repaid from request £ 12. Attorney General under the Trading with the share. Enemy Act. Mr. Armour bid $45,116 for the stock, or $3.95 second highest bid, $43,175, was entered by Carl H. Chicago, 111. Carl M. Loeb, Rhoades & Co. of New York City offered the third highest bid, $40,319. a Borak, Ten The other days within p. (John R.) 1438. bids which were it made may for accept the or stock.r reject The the government highest has. 10 bid.—V. 170, Thompson Co.—Omits Dividend— The directors on Oct. of at 1949, this time- 21 omitted Prcm the company paid 15 cents per share was 10 action on Aug. 16, cents per a 1948,. to share dvidenci usuallj including Aug. 15 common and each quarter. Previously disbursed every three months.—V. 170, p. 12, (Continued on page 49) x Volume 170 Number 4851 ' -THK COMMERCIAL Stock Record a & FINANCIAL CHRONICLE (1705) New York Stock «» Exchange DMLl RANGE Of PACES WHKLT VOLUME OF TRADING KUffll HAWK Of Silt PRICES FOR EVERY USTEO ISSUE Range for Previous STOCKS Year 1948 : Lowest Range t per share 8 per share Dec 2% 100 Dec Jun 70 May 6% Jan 1 18 14% Feb 35 Dec 27y« Dec 7y8 23% May 46% Jan Feb 14 May 2 % Jun Oct 16 28 *17% Jun 35 14 99 27% May Nov 2% 108 Nov 20 May 25 3 97% Mar 9 4% May 2% Jun 21 15 Jun 4% May 58% Oct May Apr 14 2% Feb 23 ; 19 May 17% Jun 14 May 88 Sep 20 96 Apr 83 July 25% Feb .81 Mar. Jun 6 Jun 13 May 165 Jun 16 Jan 15% Jun 14 24% Jun 15 21% 91 25% Feb 25 Jun 26% Dec 73 Dec 98 83% Jan Not 3ya 44 Nov 50 121 47 Allied 34 Allied Stores 96 Oct 88 3 37 Apr 29 89% Feb 7 34% Jan 3 Oct 43 8% Oct 10 Mar 3 Sep 9 10% July 22 Nov 68 Mar 51 Jan 4 69 % Oct 28 18% Mar 29% July 20 Jun 13 25% Oct 27 68% 70 Oct 26 Feb 6% Jan 61% July May 6 x7 % Jun 31% Deo 103 43% May Not 6y« 111 Sep 3 Deo 76% 163% Feb Oct 28% Nov 74 30% Mar 23 Jun 96% July 11 10% Dec 6% Nov 5% Jun 1 2% Jun 13 . Jun 92% May 81 Jan 6 60 1 Jun 27 May 19% July 106% May 51 Aug May 104 Jan 11 10% Jan 3 1 6 39% Feb Jun 15 15% Feb 8 82 4* July 22% Jun 14 94 Jun 71% July 29 87 43 Oct 35% Feb 8 47% Oct 99 3 107% Jun 49% May Jun 14 Jan 25% Jun 1,400 28 28% 28% 28% 27% 28% 9,300 8% *•47% 483/4 22 22% 14 19% Oct 112 • Range Since Highest Lowest tper share Jan. 1 ♦191% 17% 16% 16% •17 30 30 30 *29% 31% 31% 31% 31% 31% ♦93% 94% 94% 94% ♦94% 96% *94% 96% 31% com 1 3% 45% Oct 3 10 59ya Sep 23 13 10% 44% 44% 44% 44% 10% 10 10% 10 67% 67% 68 68% 68 •23% 24 % 24% ♦68 6 5% Oct 11 3 47 «/4 .tan 27 * Jun 24% Jan 5% Jan Jan 73 Feb 5 5 23 15% Jun 13% Jan 19 Jun 15% Mar Dec 28% Jun 12% Jun 14 Co 9% No par com__ & •31% •101 Jun 73 Nov Dec 6 • Deo 7 1 Aug Oct 27 15 22 13 3 4% Jun 7 July 22% Jun 13 Dec 96% Jan 4 5% Jan 3 8% Feb Jan 35 Dec 32 Feb 8 84 v Sep 20 Sep Ice 1% com 4%% Co 6 % Dec 169 Mar 81 6% Mar Feb 28 Oct 23% Jan 38 Sep 46 Apr 37 46% Feb 68 May 8 4 178 7% Sep 14 8% Oct 13 47% Oct American 27 Jun 17 41% Feb 3 Amer 39 % Jun 13 56% Jan 7 Am Feb 11 34% Jan Jun 5 41 July 26 Jan 3 150 Sep 14 14 142 35% May Jan 130 161 Oct 25 preferred 100 American, Safety ' Razor Seating 5 Co No par 7% 6% Snuff Co 25 com preferred Jun 19% Jun Jan 7 American Steel 27 Apr 21% Jan 6 29% Oct 27 American Stores Dec 24% Jan 7% Jun 17 12% Jan 13 American Stove Co 34 % Feb 31% Feb 25 40% Oct 27 American Sugar Refg common 10 126% Jan 17 Oct Feb 115% Nov 6% Dec *33% Nov Dec 90 76% Mar 41 May 131% July 20% May 120 168% 138 18 American a American Tel 23 American Tobacco 60% Jan 3 74% Sep 3 151% Sep 13 49% May 10 Xll7% Apr 18 6% Jan 3f 64% Oct 28 Jun 104 Jun 112% July 8% Jun 21% Jun 79 Sep 6 29 59% Jun 2 4% Jun 6 May 67 Feb 26 135 :•/ Jan 48% Jun 1 Aug 25 8% Mar 30 38% Feb 17 6% Jan 7 41 % May 25% Jun 14 Feb 45% Jun 22% Jun 14 35% Jan 8 38% Jan 25% Jan 3 36% Sep 14 98 Sep Jun 99% Mar 29 60% Jun 48 % Jun 20 36 Vb Jun 15% Jun 13 Feb 8 Mar i Dec (4 Nov For 14 Apr 6% May 34% Jun footnotes see page 106 55% Jan 27 26 y2 Oct 5 8% July 2% Aug 4 10% Aug 15 4y« Jan 5 26% May 2 39 24 7 Oct 20 Smelt Anaconda Wire & Anchor Hock Glass Cable $4 preferred Anderson, 8% 45 Andes P W 46% *38 % 23% •105 105 Clayton Copper 8c Co Oil Corp Mining Products Co Inc Archer-Danlels-Mldlar.d *105 28% 28% 9% 28 Va 29% 8% 100 ' *60 28 53/4 *5% 53/4 4,600 28% 28% 28% 29% 29 Va 29% 2,900 •105 106% 105 106% ♦105 13% y V 6% 6% 6% 6% 33% 33% 33% > 6% 33% 33% 40 6% 500 900 12 % 107 108 90% 91% 90 91 14 13% 14% 14% 14% 14% 14% 14 14% ♦174% 176% *174% 176% 8 Vb 8% 8'/a 8% 175 45% 45 40 ♦39 40 39% . 45% ♦39 47% 47% 161 159 159 8Vb 45% 40 46% 159 12% 175 8% 47% 12% , *144 159% 40 *39% 150 ♦144 12% 12 3/4 108 12% ♦174 Va ■//. 8 47% 39% 41 49 49% 48 Va 159% 157% 40 *40 *39% 40 *144 147 40 «/a 147 9,400 8% *144 i 220 400 40 Va 500 147 23% 23% 24% 28% 23% v 24% 28% 28% 24% 28% 29V4 29 29 V 10% ♦10% 10% 10% 10% ♦10% 10% 10% 10% 40 *39% 40 % 40% 40% 40% 40% 40% 40% 125 *124% 124% 124% *124% 19% 143% 119 19% 197/a 344 72 143% 72 % 125 ♦124% 19% 19% 144 144 72% \ 73 147% 147% 147% 148 63% 63% 63 VA 63 63 119 119 77/a 8% 24% *•,. 24% 60% 60 29 19% 19% 144 Va 144% 148 64 64 119% 119% 120 g g 24% •84 87% •75 :/ : 76 5% •60% 8 24% .148 ♦83 75% 5% 5% 61% 60% 8 8 • , 25% 253/4 87% *85 V* 87% 75 75% 6 6 •60% 60% 28 28% / 28% 28% 29 33% 33% •103% 105% ♦103% 51Va 24% 24% 10 10 105% 50 50 50 24% 23% 24% 10% •9% 10% •3% 3% •3% 3% 38% 38% 38%. 38% * 6,500 650 4,100 119% 500 7% 12.200 " / 24% 25% 88 88 Va •73 75% 12,000 300 700 5% 6 3,900 62 •60% 61 160 6% 28% 28% 28 3/4 28% 860 35% 36 Va 8,500 105 % ♦103% 105 Va ♦103% •9% 200 1,000 29,100 29 105% 50 64% 1,200 353/4 35% 23% 74% 143 500 o 29 '34% 10/' 75 X7% 20 144%' 2,100 -. 28% •103% 33%/ 51 4 •: 35% 24% •50 119% 125 6,800 ' 28% 28% 28% 33% 8 Va 25% 28% *50% ,73% I 148 63% 28% *24V* 144% 63% 29 lo 74 73% 73% 148 28% 21% 20 19% 144% * • 24 y8 /; 119 119 24% 24% 125 28 - 5,100 1593/4 125 * 28% 5,200 9,400 40 61 20 '/;/ 41 28 % 23% 23% 24% 44,200 49 *10% 7% 6,700 - 47 47 39% 48% 159% 27,700 176% - / 46 160 / :; *23 119 60 33'/a 107% 39% 20 9,100 105 6% 12% ♦144 143% 3% 5% 91% ♦158% 125 39 5% 81% ;/ 108 Vb 105% *9% 5% /' 13 91 *103% *3% *81 Va 13% 108 47 28% 39 82 Va 91 8% 28% 34% ♦81% 108 45 34 89% *88 Va ♦88% 13 89% 13% 82% 13 12 % *39 28% 2,80 J 9,200 •81% 33% w 19% 15 „ 90% 5% 5% 89% 2,466 15 14%, 107% " 24% • 12% 17678 39% 7% 14% 20,900 2,400 83/4 90% 8>/a 23% /- 34,200 96 *93 98 107% *174% 39% 2,700 29 8% 9 ♦93 13% ■ >. 48 *473/a 48 12% 10% 119 *88 Va ■ - 106% ♦6% •33% 40 39% 14% 28 VA 6% 45 150 6 33% 75% 8 ♦47% 90% 47% 10% *124 106% 84% No nar 48 107% 8% 159 5% 6% 5% 20 8% *95 14% 33% 6% 33% 33% 12% 12% 107 Vu 107% 90% 90%; 13% 13% *174ya 176% 84% No par Anderson-Prlchard A 105 *6V2 74% Corp com__12.50 28% 9% 28% 5% 50 2,500 ♦47% 100 14% 28 28 74% No par 4% 82 84 .25 4% "/•V 13% *72 1 4% 89% *80 com *4% 12% 100 & 1,900 4% 82 No par $5 prior conv preferred Anaconda Copper Mining Aug 23 14% 71 % Amer Zinc Lead 43% *88% 147% preferred 463/4 43 Va 89% 72% $4 conv prior preference 46% 43% 54 19% 63% 5 46% 42% 143/4 *19% 100 46% 14% 147 J/2 Inc 46% •42% 15 Va 143% common__No par 46% 42% 19% 72% Co 1,800 14% 63% Works 3,200 46 53% 14% 147% Woolen 11 *45% 19% 25 preferred American 10% 46% 19% 100 Viscose Corp common__l4 common 11 Va 46 53% 15 5 preferred Am Water 4 100 100 11 45% 19% 100 7% Jan Oct 18% Tobacco Tel Co 9.1% Mar 11 25 % 46 % Mar 6 % ez 80 30 107 Suuaatra American 121 62% Aug 18 35% Jan 7 30% 6% No par preferred Sep Jan 8% Apr 56% July Nov 20 1% 1&0% Jau Mar 120 51 6 14 71% July Dec July Jun Jun 68% 144 x5% Jun 28 53% 11 45% 14% *28 35% Dec 3,300 19% Foundries.__No par Co No par Nov 10% 2% 14% *144 21 £ 2% 5,700 2% 53% 19% 100 25% 2% 14% 159 non-cum 2% 15% preferred American 3,200 19% *39 100 17% 14% Ship Building Co No par & Refg common__No par Smelt 17% 19% 5% Amer Rad & St San'y com___No par 18 15% 5% 14% Jan 17% 19% 5% 27% 6 800 17% 14% 13 10 6% 19% *14 82% 16% May 63/8 19% *19 5% 27% Shares 6% , 11 28 % 9% ♦95 12% Feb $ per share t per share 19% 53 . 48 27% 9% ♦81% Nov Jan 28% •88 Sales for the Week 38,500 100 12% 162% Friday Oct. 28 2% 53% ♦47% 82 % 1,700 17% 2%' 4% 48 89"% 3,100 . 6% /; 4% 14 V* 60 15,900 19% 4% 4% 9% 2,500 K 6% . •95 19% 19% 46% 12% *81% No par 6% ■fe 28 9'% 313% Oct. 27 $ per share ♦19 42% *47% 100 108 Thursday Oct. 26 17% 19% PRICES Wednesday 6% 42 *88% com 313/a 42 48 28% par Light 31% 3i; SALE 46% *47% 1 31% 30% HIGH 1073/4 46% - 4% 100 108% 107 / 11% 4% No par 108% 18% 106% 46 15% Co 83 443/4 11 *4% cora.No par 83 44% 45 1 No par 83 44% 10% 41% 100 81% 44% 30% 53 1,600 200 18% 45% 46 18 45 10% '-7" r A No par 12% Jan 46% 44% 18 83 19% 53 44% 18% 19% 44% 45 A $6 preferred Jun 46% 53 45% •183/8 107 2% 1,300 1,700 30 45 *81% 6% 2% > 108 18% ♦18% 2% : •106% 5,100 i 480 5,800 : 243/a •18 18% : 25 24% 83 17% 1 News Co <Ss ♦106% Oct. 25 17% No par com Ltd Molasses Amer Power 53% 11 45% 27% preferred American 12% Oct 109 52% 10% 45% - 2% 97% 181 % 108% Tuesday •17% 100 Metal American * *2% *9% *95 common & Fdy Co preferred 36% Aug *17% 96% 65% t 66 "A f per share ;i9y*. 5,200 24 45% 30% 6% 6% 19% 41% 100 Amer Machine & Metals 3 < 1 com preferred Locomotive American 6Va 19 % 17% & $5 preferred 46% 30% Monday 41% Oct 54% Mar 30% Oct. 2i No par Products Co preferred 3.90% 20 Oct 10 92% Oct 131 32 10 10 Dec 106% 8 per share ___ 11 16% 108% 50 Amer Macn 19 7 Co preferred Home 26 105 Electric 25 147% Mai 107% 108% 6% •18% 1 7% Feb 116% Mar 44% I psr share No par 70% Feb 140 •81% 46% Saturday 83% Feb Nov 18% 81% Oct. 22 Jun Mar 18% 45% ♦31% STOCK 11% 31 18 % 81% LOW AND 95% May 86% May 125 18% 83 *46 108% 9,600 65% 44% iro 8 1803/4 96% 253/8 108 3,200 3% ; / 24% ■ ■ 102% 7% 33/4 182 8,400 31% ' 65% ♦173/4 46 •100 8%. 3% 24% 45 10 *" 233/4 18% •81% 101 96 > '31% 32% ♦180% ,10 93/4 24% 18% •17% 96% V" 10% 101 3,500 * ■ 31% 181 69 66 18% 10 9% 3,700 v. 25% *68 24% 18 % 10 10 243% : 65 *106% .100 253/4 ■69 f 24% 44% com 2,300 37,900 • 65% 106% Feb 163% 24% 44% Nov Mar 65 24% 106% Nov 139 65% 24 2,900 " 24% 44% 6% 16% 65% 39 24% 106% — non-cum American 7% Mar 14 30% Jan conv 953/4 1803/4 < 44% No par & 96% 182% 106% com 24% 8% 24% * 69%' 67% 3% 24% 18% 683/4 67% 3% 44% Co — •100 106 % •18% 10% 8% 95% ■5,600 44% 10% 8% 182 4 10 443/4 3% 24% 4 43% 44 3% 95% :/w 4 1183/4 8% 182 3,100 118% 3% 23% 35% •3,7% 8% 24 10 / •68 31% 101 44% 69% 12 % 176 95 % v 182 300 35 M 35% 10,100 39 3% 66% 24 9%' 31% 101 32% 84% 119 8% • 24% ♦65% 4 69 106% 80% J ♦100% 24% 100 American International Corp_No pa* American Investment Co of 111 1 14% Apr 12 Jan 98 Deo 3% 181 t 101 8% 3% 31% ■i 69 ■ 68% 24% 9'/a 31% v 31% 84% -10 •: • 300 300 " 32% 4 673/4 69 9% 31% / 24% ♦68 10 •100% 8% 96 100 69 31% 5 102 96 No par 6% 28 19% Oct Jun Jun 10% May Dec 31% 3% ;; No par American 5 11% Jun 93 5% - 9% 68 24 96% - —_No par Co Distilling American 8 76 35 29 11% Feb 9% Sep 94% 24% Mar •68 9% 25 preferred NEW YORK 6% 18% Jan 20 10? Jan 20 108 • 8% 1 Cable American Hawaiian SS Co American Hide & Leather 29% Oct 27 100 21% May Feb 12% 72 y2 69 2 ; •94% 200 5,600 ■ 118% 10% 24% 31% v/ , ♦37% 44% 10 preferred series A_100 Gas 4 118% 44% . 29% 85 34% 39 118 10 common Cyanamld Co Rights 33/4 •37% 50 Chicle American 3% 39 118 118 17% ' 44% $7 2nd preferred A 6 16% 95% 3% ♦37% 117% 3,600 ' 17% iU29% 31% 96% 32% 35% 1,700 200 313/4 *84% 10% $6 preferred 11 43 % Oct 46 8% May Feb & Oct 13 3% Jun * Jan 92 10 Jun 34 26% May Dec 116 34% 32% 10 77/a 199% 30 100 88 73/4 17% •29% 85% 100 preferred $7 preferred Sep 22 51% Sep 22 49% Sep 19 Vb Oct 43% May 7% Jan Dec 3% 39% 3% •37% 85 35% 35% 36 ■' 31% 9% American Export Lines Inc 40o Amer & Foreign Power com__Nopar 5% 3% 31% 86 ♦85% *86 ' •44% 10 79 35% 117 31 85% 100 8,500 95% •17 30 / 1 .18% Oct 53 31% •85 39% •36 •116 5 Feb 36% 50 common Shoe conv 30% 86 ♦36 No par Co 31% *84% 82% 22% 200 *94% 17% 58% 20% 7% 31% ' 16,300 <1,200 95 Vb 85 194% r 31% 7 Jan 193 ♦29% 1% Jun 3 Jun 17 193 2,000 110 3% 3 95 Vb 7% •16% 13% Jan 6% Jan 193% ' // 21.300 v 22% 85 8 17% Apr Jun 192% 7% •80 29% 4% May 20% 193 8 82% 21% •93 31% 19 46 192 ♦7% •57% 31% Dec Dec 192% 7% 7/a... 71 583% •80 21% 3 16% 71 3% •29% Sep 3% 7% 108 3% 3% •16% 1% Dec 8 20% 8,100 16 58% /v 85 13 Vb 44 82% 20% •84 American Encaustic Tiling., 37 ♦80 82 87 American European Secur Jan 58% 58% 82 •84 27 Jan 58 58% 82% 22% •103 4 7,800 483/4 22 16% 72% *71 3% 87 28 Jun 3 58% •80 20 V* •7% Par 22 3% ';// 3 •84 6% Oct 35% 58% 73 87 19% Oct 89% 3 Vb ♦84 gtd_100 28 77% 723/4 •71 73 3 95% 24 14% 72% •71 3% 8% *473% 108 3% 16 v 8 83/a •103 3% 16% •93 EXCHANGE Sep ■ 108 3% ♦15% 96 t per share 3 ♦103 3% 16% 20% No par Colortype Co American Crystal Sugar 4% % prior preferred v 108 3% 16% •92% 4% Feb Dec ♦103 3% 16% 20% 15% Feb Dec 73 3% 108 3% 15% 94% Corp non-cum Highest $ per share 7% May Nov •103 ; 20% Oct 6% 22% •92% 19% 42 21% 95 14% Mar 37 483/4 -3% No par Chemical.No par conv Chain American *47% 21% 8 20% American 86% Mar 31 8% 48% 21% 16 No par 3%% ■: 8% ♦47% 21% 108 24 6 8% 48% 21% •71 preferred 100 Broadcasting Co Inc 1 American 8% •47% *3% 181 6 8 50 21% 15% 100 5% 28 Oct ♦103 conv American Mar 11 '8 8 ;STOCKS Year 1948 Jan 28% 5 Bosch Range for Previous 6 27% No par 5 7 18% Aug 17 Deo Lowest 28 American 24 47% Sep Dec t per share 27% 1% preferred American Car As Fdry com 1% preferred U 24% Oct 109 14% Feb 28 27% ♦41 •92% Amer Cable & Radio Corp American Can Co common 7 Jan 33% Feb 25 100 373/i 21% 42% par preferred American 3% Oct 20 81 Feb 42% 37% ♦41 No par Amer Brake 7 21% Jun Jan 110 94 Va 6* 10 Jan 187% Sep 33% Jan Jun Jun 20% 35 172% Mar 17 177 Dec *41 % 37% l American Bank Note 13 Deo 15 21% 42 19% No par Corp common__No Airlines American 6,700 22 37% 59% Co cura 22 21% *41% 37% 19 82% Agricultural 3%% 4,400 213/4 •80% preferred Petroleum Corp American 10% Mar 29 98% Oct Jan 38 69 3 49% 100% 18% Mar 104% 29 Amer 45 21% 18% 42% ♦59% convertible Amerada 5 Jun 21% 10 18 36% par Jan 31 120% Oct 52% 19% 37% 100 Alpha Portland Cement Amalgamated Leather Oct 26 18% 37% preferred 100 Allls-Chalmers Mfg common_Nopai J%* conv preferred 10$ 3 19% 1,500 37% 4* 36% Oct 21 4 Kid 19% 2% 21% preferred_No par Allied Mills 6 13 Jun 22 A Allied Chemical & Dye 18% Feb 1 30% Oct 13 19% 7,600 110 2% 41 % 100 Allen Industries Inc 27 19 47 % ♦102 2% 37% 1 Allegheny & West Ry 6% 33% Oct 2% Jun 14 May Deo Oct 46% 115 23/4 21% 10 preferred conv V 2% Shares 41% _100 : 10 8% Jan 200 $4.50 46% V. ♦102 '■-.7- 2% for the Week 37% 21 % Allegheny Ludlum Steel Corp.No 9 26% Jan Jan Feb 34% 6% preferred $2.50 prior conv 7 % 46 115 2% Sales Oct. 28 $ per share 42% 5 17 Sep 6% May 83% 5%% Mar 12 93% Feb 76 Jun 31% Oct Nov 8 27% Jan 104 25% Feb 25 42% May x25 7 34% May 37% May Dec 25 • 5 46% •102 Friday Oct. 27 $ vershare •36% •47% common 4Y*% preferred w w Allegheny Corp common 16 82% Oct 34 Dec Sep 3% Oct 45% £ , sharp •41 50 Juneau Inc 45% 110 ;2% ver 19% No par Vlcksburg Ry Gold Mining Alaska 44% •103 2% St 21% 1 com w Inc Aldens 24 109 w 9 44% 110 2% Thursday Oct. 26 $ ver share 21% No par Equipment 27 64% Jan Dec 16% Oct 4 16% Aug 73 Gas preferred & 44 110 2%. PRICES Wednesday C ; •19% l Reduction Alabama Aug 10 5 Dec 11% 103 59% Oct Mar 198 (3 Air t per sharp. 43% v: SALE l Corp Affiliated 19 25 90 Dec 8% Apr 23% May 16 Oct. 25 128% •2% HIGH Tuesday Oct. 24 10 Express Co Adams-Millls Corp 47% July 13 40% Feb 100 Mar 27 •43% ♦110 Addressograph-Multigraph Corp_lo 13% Feb 7% Adams Oct Co Admiral 64 *171 22 Steel i. 2.50 AND Monday tper share 5 No par Co 9 21% May 23% 21% May 26 Acme Motors 15 80% 75 Laboratories ACP-Brlll 14 Dec Dec 7 29% Oct Nov 65% Abbott Abraham & Straus 19 38% Oct 13% Feb Oct 3% Jan Par 44% Sep 5 18% Jan May 37 I 5 Jan 65 2% Deo share 47% Oct 23 132 Saturday Oct. 22 11% Feb 5% Jun Dec $ per LOW STOCK EXCHANGE 2'< % Mar 28 41% July Dec 22% 46 xl8% NEW YORK Highest t per share 37 76 Since Jan. 1 Lowest Highest 13 V 50 24% •10 50 50 50 243/a 24 Va 24% 10% 10 10 14,000 900 5,700 400 •3% 3% *3% 3% 3% 3% 300 38% 38% 38% 38% 38 V* 38% 1,600 14 STOCKS Range for Previous Nov' 89 32% 6% Nov 13% 11% Jan 49 %Jun 77% Jan 38% Jun 13 49% Oct Jun 22 99% Feb Jun 18% Dec Artloom 14 Associated Oct 10 Sep 12 44% Oct 28 98 Dec 111 May 95 Apr 27 87% Dec 106 July 87 Apr 35 Jun 64 Jan Feb 12 14 100 26 96 Mar > 120% Sep 107%' Jun 19% Jun 62 July 13% Dec 44% Dec 25% Jan 64% Dec 66 Sep 81 30% Feb ' 32% Jun 53 102 Feb 114 May 91 Feb 99 Jun Nov 25% May *19% 20 Oct 4% 24% - 19% Jan NOV 4% 7% Feb Oct 46 13% Feb 16% Jun 11% Deb Mar Feb 4% Feb 8 14 ; 17%'Jun 10 15% Coast W Feb 69 86% 40% 40% 41 '4% common——No par Atlas 4 I.Gchols 14 21 Austin 24 Autocar Co Babbitt B 14% Jun 14 22% Jan 7 14% Jun 13 Barber Barker 15 *36' 15 15% Oct 13 Bath 11% Jun 3 17% Jan 20 Bayuk 32 4 59 13 Beatrice 15"% Dec 30% Dec 43% May 9 Nov Sep 21 % Jan 8 - Jun' 41 6 39% Mar ,4 9% Feb Jan 80% 90 Sep Jan 69 100 Deo Oct 87% Feb .25 99% Oct 12% Apr 27 16% Oct 3 • 22% May 16% Mar 20% Jan Mar. 69 Jan • 30 30% Jun 14 14% Feb 20% May 19% Mar 11% Jun 10% Nov 10% Feb 14 14% 24% Jan 11% Jun 14 17 85 Oct 18 '98 26 Jun 13 Dec 103% Jun 90% Dec 26 Feb 38%' Jun Dec 21% Jan 21 Nov 26% July 68 Deb 87% Mar 9% ;7 *37 3%% Feb - 8 21% Feb 4 102% July 86% Dec 93 & Howell Co 14 103 5 Jun 28 23% Feb 11 2 Oct 2% July 30% May Feb *37% May 39% Oct 23% Jun 139% July 129% Jun V 37% May 22% Jun 29 • Feb ' Mar 'r 30% 125 26% Dec 14% Jan Nov 9 25 6 Oct 9 $ per share 9% Dec 13 29% Apr 37% May 19% Nov 22% Dec 13% Sep 6 & 13 25% Mar 30 21 - 27 Jan 18 Bdhn '64 Jan 12 Bon 32% Jan 5 Aug 24 9 Aug 8 16% Dec 27% May 44% Jun 2 19% July 28 Bond 7 47% Oct Borden 16% May38% Mar . 42% Feb 66% July 42y2 Apr 87% Nov 96 91% May 11 1% Mar 9 May 42 6% Nov 10% May 71 •25% Jan- 8% Feb 11% May 36% Jun 6% Jun Oct 101% 12 l,or 120 Deo Mar 30% 11% May ; 75 12% Dec 29% Feb Dec 97 72% Dec 100. 88 Jan Feb * Mar 8% Deo 73 Dec 2% Mar 16 Map 98% Jan 23% Feb 10% Oct 3 Jan 16 *■ Feb 7% Jun 13 61% July; 6 26% Jun 27 80 Oct 39 6 Jan 120 : 100 27 28 Aug 18 22 Apr 4 17% Mar 14 . • 125 Sep 30 -11% Oct 27 76 ; Oct 27 34 Jan 95 13 Sep 15 13 17% Oct 27 29% Jun 15 36 Jan 11 13% Apr 19 78% Jan 7 Apr 26 J12% Feb 77 ; Jun Aprfi 7% Nov 103% Aug 23 -35% Oct 13 14 14 Jun 77 79 , 7 * Marr' 12% Jan 27 24%' Jun 81 6 15% Jun 43% Jun 16% 10 Jan 6 -13% Jun Jun 90% Jun 21% May Jan 331 95 ' July 40 Deo 78% Aug 29 9- Aug 24% May 124% July Sep 7% 65 3?;Jan 14 29% Mar 14 23% Nor 15 13 18% Jan- 3 - 33% Aug 17% Feb 47% Jan 10 9% Apr 16 14 98 % July 99 17 8% Mar 30 - 5 25% Oct- Apr 90% Feb 35% Feb 20% Jun 23% Sep Deo 13 21% Jun ' 34% May 37% Jun Feb 27 Jun 4 97% Aug 18 2% Jan 13 ;26 Jun 17 6% Jun 13 15% Mar - 55% Oct 21 1% Aug Dec 5% May ' ' 17%' Jun 10% July 114 Deo 15%-Jun 89 Jan 4% May 27% July 105. July 36% Jun v May 70% Jun : 73' Apr 13% Jun 7 Jun 7 93' Oct 26 6 88 Oct 26 14 6% Jun 60' Jun 13 1 3 Feb 7 17' Jun 13 98% Jun" 10 20 % Jun 13 Feb 10 16% Jam 7 77 6 14 x97% Jun 13 - ' Ami Class 1% Dec 5 Dec 21% Deo 9 Nov 101% Nor 37% Deo 14% Mar 10 Mar 40% Jun 54% Sep 3 May 8% May 31%lfoy 15% May 119 Jun 44 May *19% May 19% May For footnotes see 12% 13*' 14% 14% •18% 88 85. . page 30 Feb 52 May 1 Co 13% 13 13 4,200 27% 26% 27 3,200 99 7 99% 99 98 98% 280 14% 14% 14% 900 18% 18% 18% 88 85 85% 100 8% 2,500 14% 18% *18% 36 Stores Co 14 y» 100 *12% 12% 12 W: 12'A 1,500 87 87 *85 87 85 85 33% 34% 17,300 9y8 9»A 3,600 27% 5,300 31%' r V' 26%, 26% 27 102% 103 2% - 2% 2% 26% 2% 25% 26% 33% 33'A 33% 29% 30 Va 29% 30% 29% 30'/a RR Shoe Co 7% preferred (The) Co Bush Term Bldg 9% Jan 7 Butler 82^ Feb 2 4% Mar 30 24% Jan 27 104% Oct 7 26% Jan 24 Bros 4%% 26 2 36% Jan 26 58 Apr J8 Jun 2 Oct 10 27 5% Jan 6 16% Jun 7 22% Jan 10 9% Jan 3 12% Feb 4 98 Sep 28 35% Jun 27 16% Jan- 8 13 2 ' 109% Mar 21 41 21 May - Oct - 6 25 15% Sep 19 12% ♦44 47 22% 22% 12% 12% 12% 12 y2 44 44 43 43 23 24 23% 23% 23% 23% 23% 24 23% 24% 23% 24% 50 50% 50 51 50% 52 18% 19% 18% 19% 19 19% 16% 47% 16'/a 16% 46% 9,100 46% 53% 7,400 16% 16% 16% 16% 16% 16% 46% 46% 46% 46% 46% 46% 7% •73A •33 7% 7% 7% 24 -y- 24% -24% •103 7% 7'A 24 y8 24 25%' 26% :i04 •32 25% ♦25% 26% 25%" 25% •20% 7% 33% 26% 26'/a 104 ♦103 ♦102% 7% 25 26'A 34% 10% 99% 37 ♦'99% 18% 18% 18% 19% 19 16% 16% 17 17 17% -:.i 11%'- 123 123 73 122% 74 - 31 ♦92 93 .18 y. 18 . 34% 2,900 10% 10% 6,200 37% 33 y2 39 19'A' 17 »/8 17 *122 92 ♦30%- 3iy» 93 92% Xl7% 18 VB 92% 92%. 93-- 92 93 91% 91% 50 ♦87y8- 89 *86% 88% 100 *76 30 *75% 80 14 ,101 22% 35 ♦53 34 18% •90% 80" 22%" 34 17% 34 18% 88- 101 2,500 17%- 88 4 100 300 17% 34 •76 22% 31% 93% 17 18'A 80 ■ ♦31 *92% 110 17% 89 ■ 31% 93 \"r 41,200 1,400 33% ►86 * 11% 75 16%"' •76 22V4 123 17% 79 67 11% *74 33% 89 67 123 123 10,800 17 •74 7% 17 '/a 18% •86 112% 2,700 33% 79 V 7% 20 20 18 89 15 1,100 101 17 92% 8% : 33% •90% • • 16% 17 y8 122% 3,200 ; 10 19% *100 101 19% *13% ... *100 19% ♦74 . 37% 38'/a 100 27 18% .92 8% ♦110% 14% 14 14% 8'A 8% 8 110% 110% 8 8 67% 68 110% , 7% ♦67 14 14% •8%' 8% lll'A 110% 7% 8 67%* 67% 4 4 4 22 22 4 4 22 22 101- 101 22%" 22% 35 35 35 54 ♦53 101 101 23 ; 23 35 21% 35 - 101 y 14% 14%, 8% , 8%- 111'A 112 8% ♦8 67% 67% 4 "\ 22% 102 -■ ♦3% 14«A- 14% •8»A' 8y2 112 ■ 8 8% 67% 67% ♦4 4% 22 22% ♦102 103 y2 •22'A 23 22% 34% *111% , 23 21% 102 ♦22'A 600 9,400 14% 9,30(3 8% 4,700 112 80 8 VB 1,800 67% 180 4% 1.400 21% 2,200 102 120 23 500 >■ " 7; ■ •i t California Packing common..No par, 5% preferred — 50 54% •53%' 1 Zinc-Lead Calumet & Hecla Cons Copper.: Campbell W & C Fdy. •1% 1% 1% 1% 1% 5 4% 4% 4 4 Vo 4- 19 No par Can Dry Ginger Ale com.—1.66% $4.25 conv preferred——No par Ry 33% 10% 800 267/a 104 34% *84 100 c •33% :f:- *90% , 1 34% 34'A 10% *102 17 17 16% i 33% 10%- •30%. 31 92% 18 102% 11% 31% 16% 102 J/2 76 *91 ♦33% 26% 11%" •31% ; 26% 27'A 75 92% preferred—100 • 122% 25% 26% 11% 31% 8,000 25 75 *91 4,200 7'A 25'A 26% 11% ♦31 5: 24% 40 31 26 74-;, 1 No par 7% 26 % 11% 100 .73 ♦30 7% 74 73 pfd 7% 8% 32 11% —No par 7% 19%> 17 122% 7% 74 11% 11% . 38 19 Vt 16% * ♦1221% 123% 7,600 32 34% 99% 37 8'/2 8% > 600 104* 34 10% 37 y2 99"% 1,100 31 25% ■. ♦102% 104 34 ♦99% 31% 25%' 25% 10% *36% 31% 2J/a 31% 7% 24%' 26 26% 10% 37 y» 2'/a 8 34% 99% 100 2% 2'A 33 10% ♦36% 96% 32 7% 34% ♦99 , 96% 8 10% 15 96% 33 7% 34 34% ; 34% 10% 54 •96% 2Vs 2% 31% 7% 7% 33 33% 2% 32% 2,300 53% 52% 96% *96% 2% 7 1,630 1,560 53% 53 53'A 32% 33 *32% ; 96% 2% *2% 2% 52% •96% 97 30 18,600 3,000 23% 46% 53% 500 12% 47 12 VA•44 16% common Canadian Pacific •12'A 46% 52% Inc.— Breweries 11% 12% 11% 12% 19 Putte Copper & Zinm.—.....: 5 Co (A M) common.—No par4* participating preferred—100 Byron Jackson Co No pax' Canadian 5,500 51% ■ Southern 12 12 23% Byers 7% Canada 6,200 11% 18% preferred : Callahan 2,200 14% 12 100 No par' — Bush Terminal 4 27% 14% 11% 51 Burlington Mills Corp common 1 4% preferred : 100 3%% conv 2nd preferred. 100 3% % preferred —100 Burroughs Adding Machine..No par" Feb 27% 14% 5s common. Co 28 14% ■ 23% common. L Watch 28 14% 47 33 for Shares 28 11% ♦2% Sales the Week $ pet share t per share share . 14% 18% common. Buffalo Forge Co Buff Niag El Corp 3.60% Bullard Cq Bulova $ per Friday Oct. 28 27% 23% •32% 1,700 14% 11% 52% 9% 9% 28 ♦44 *96% 1,000 3,400 • 25'A 9'A 14% *12'A 97 25 y8 27% ' 51% 52% 25% Oct. 27 Oct. 26 18% *96% 900 6,600 41,100 ■ 135% 135 136 Thursday Wednesday $ per share ' < PRICES SALE 50% 5 100 (assented)_100 Inc $5 preferred . ■23% 1... No par Brunswick-Balke-Collendef* „No par Budd HIGH 9% 18% ,16% preferred Bucyrus-Erie Co 9Va 9% 9% 25% 52% Bearing Co — 5 Braniff Airways Inc * 2.50 : Brewing Corp of America. 15 Bridgeport Brass Co No par Briggs Manufacturing Corp__No par' Brlggs & Stratton. No par' •Bristol-Myers Co common. 2.50 3%% preferred 100 Brooklyn Union Gas No par Brown & Bigelow 1 $3.60 AND 25% 25% 23% Roller Brown 9% *135 134% 134% 18% 16% 800 297,100 2%* 33% 12% 46% 300 81% 26% 47 1 90 104 2% 52% Borg-Warner Corp common 3%% preferred Bower *80% ♦102% 33% 11% 21% 26% 26% 81% 102% 26% Oct. 25 14% 21% c 2% ,, fper share v • 102% *80 81% 102% • 33% Tuesday 28 9% 26% 26% 26% •80 34% % 9 26% Oct. 24 . ; 2% 26% , Monday 14 * 33% 2% 9% 27% . 33% 33'A 9% ; 9 102% 102%' 33% 34% 26% w;2% 26%* 26% 32 7A 8% 81% •80 81 81 102% 32% 8% 26% 8%* . *85 32% 31% 32 14% 15 ♦13% *137/a 12 VB *85 y 87 ,. 23% Inc Boston & Maine 14'A 13% 14 .5 (The)— 1,300 12% 13% No par No par A: 2,600 13% 13% 27% 21% 34 !V: xi3y» 14' 14% 5 ; 34 % 13% 12% tper share 12% 20 35 'A 13% 14% 9% 11% 30 %: •12 25% *42 34% 36 29% *13% *26% No par 30% 500 12'A Oct. 22 .2.50' . *29% 30 Va 8'A- 8% 13% 2% 9% 8% • 14%. 26% 3V/t 25% •85 8% 35% 18%: *13% 81 33%; 1 88 ♦29% 29% 35% *14% 14% 18% 8% 8% .99 ♦14 102% •25% ; *84- 80 29% •85 26% ;•• *13%' 32 2%- • y: No par Brass.. & class May 14 9 121 3% Jun 10% Jun 13% -■ 1.4% 8% * 9% 81 2,200 27 36 "'12% 87 102% 15,900 14%» 13% 13- ' 8»A' 36 12% 26ys > 20 52 14 27%' ♦29%:- 31 30% % 35% 35% ^ 13% " 13% •14 14% ♦85-: 39 52 14% 500 •84r ' 12% ♦38 52% 14% 99%- - 18 Vo 85 x8% 8% •29% 39 52--'7 27 ' 8% 39 < 27% r-'27r 18% ; 1,500 i , 14'A 18% ♦84 16% -14% -1W, lV/s *14% r 60 2,000 143/r- 99% 14% 600 49 52 *99 4,200 66 39' 99% 18 18% 66 •38 14% 10,700 18% i 19 '51% ''r- 14%- 15 - ♦18% No par' .. Jun *14%» 12% V; 17 %■ 18% 9,100 9 66 ♦65 51% 51% LOW B ■A'-; 52 17% 4 18%" ■ 39 51% 51 Saturday Co— '> 27% Mar * 8VB 16% •99" 1 Aluminum Aug 92% *38 • 10% 65 18 1,000 14%- KHV 16% 28-',. C Brothers Boeing Airplane 18 Nov . 14' 9% 50 *27%', STOCK Laughlln Inc Bloomingdale 400 10% 16% 28 J 1. (E W) Co Bliss Sep 13 12.600 14% 8%* 49% 55% Par Bliss 47 5% 38 10% 16% .55% 1" Black dc Decker Mfg Co.. Blaw-Knox Co 8 13% Jam . 1,200 •14%'- "• 9 ■' 15 ♦99 10 com— (Del) YORK 16 15 - 6,800 11% 4 38 50 54% 9% $ per share 26 5% ■:■■:■■■■ f 16Va ♦27% EXCHANGE 9% Jun 10% 38 , 18% 25% 8% Jun 14% 8% 17%" 135% 33% Apr 17% Jun * 5% 5% 38 7. 7:"'' 7 6% 11% 49% 25 V* 7 5% 38 600 15% *14% .-,7 7% 12 7 17 •134% 1? 6% 11% 50% 50 16% 25% 7 50 25 39 • 135'A Oct 15% 5% 11% —■_ . 6% 6% •18%- 50 16% 25% Jan 25% Nov :: 50 135% 30% Jan ' ♦38 50 17 136 i ♦14% ' 20 16% *16Vr : ■ 310 109 48 ♦135% > 15 15% -64%- 7% preferred _ —100 Bigelow-Sanford Carpet No par Birmingham Electric Co——No par Jan *27% Mar I - 2 13 '"7: 6% ♦18% 18%65 - 65;" 136% Feb 96 • 17% 18% 65 18 tV •64% 3 51 7% Deo 17%'- 18%*- s 13 30 17 ' 7 29% Dec Dec 17% 18% 65 29% Dec 26 17% 17% . 29'A $ per share *107y2 *16% '■ 287/a 57% 32% 8% 12% • 10 ' ———i NEW 50 109 6% 10%- 10% -8%*-' 29 30% 37% Nov 10%*. 8% V *14% * J ,L — Highest 6,100 49%' 50 14Vs' 14% 10% 287/a 11% Mar 11 350 23% 49% ♦107'A 38 38 com—No par 20 97% 23 6% , 5% 5% ■:$ 6 Bethlehem 31% Mar 21 97 23% •5% 12 11% 14% :' 31% Steel 97% 11% 7 10% Jun * 17% May 44% July Dec 32% Mar *14% 5%; 33% Jan 22% Jun 19% May 14% Sep < 15% 5% STOCKS 36% July Dec Feb *14% ' Lowest Highest tper share 26% 6% 8% 5 Foods Best Range Since Jan. 1 Year 1948 *13 *16% 6% 10% 5151 50 l Indus Loan Range for Previous Lowest' vi7y7:7 17% ♦6% .54%' ....10 I.; 1 Co common Best & CO 10 33% Oct 27 May 10 , 108% 14% 50 pfd $3.25 ser of 1946_No par Cum pfd $4 div ser of 1948LNO par. Benguet Consol Mining Co_18 pesos ! 25 49% 108% 5% 11% 9 *16%' Cum 24 27% Oct 23% Feb 49% 108% 10% Appliances—i;33%c Home 97 i 50 *16% 500 23 VB 97% 23% 49% *107 110 110 22'A- 14%- *18% preferred ,..w.-.^-.4~-100. Bendix 28 82- i RR__ Packing Beneficial 27% Oct Jan 22% *14^ ' Sep 97% 22% 14% pfd—100 Corp... —1 Bendix Aviation 7 Jan - Creek AVrfo , 11 24 73% Jan Bell 18 Mar 21 34% Mar 30 6% Apr 13 570 *37% *64% , 25 commons Belding-Heminway Bell Aircraft; Corp 1 • 110% 6 (A S) 4%% Aircraft Beech-Nut '16% Jun 30 "Feb 110% 38 :*38 Mills, Inc l_2.50 $1.25 div conv preferred—No par Mar 30 16 16 110% 97% 110 96% 10% Beaunit 8 Beech 27% Jun 37% July 110% 5% •17% "when, issued"-V-12.50 conv pfd—* i 100 4 34% 110% ♦37% 8% Common 21 Feb 14,900 38% . ——50 Co Foods Jan Feb 41% •12% ■ Corp. 1 Inc.—-.—--No par ;' Cigars Beck Shoe 32% if Works Iron Beech '10% 6 87 40% ,5% 100 common.. preferred 32% Feb 6% Jun 1 % 28 85% Oct 5 69 86% 41% 5% Barnsdall Oil Co.—^i.™—5_ 21 ; Oct 20- 30 Apr 4% 3 27 '28% Oct 19 26% Oct 28 • 7 Mar 52% Oct 69 86 VB 41% *37% & Aroostook- common—50. 5% • preferred.j—100 Oil Corp (Delaware) 10 Brothers common:,^—.10 28%, Jun 45% pec 16% Mar 23% Jan 69 86J/a 6%' 5% preferred^.--—100 non-cum Conv 1,800 69 41% ' '4% Bangor .25 Jan 7 72JUly 27 *51' Oct 20 2,900 86 Vb 12% Works—*—13 Ohio & 4,600 i Inc Locomotive Baltimore ;7 38 y2 69% 17% *14% 7> 11 %•■, 37% Vv' 40% ♦68 15% *16% 5% . 86 VB 49% 15% 1,100 102 10% ' 40% 108% 5% $2.25 (B T) 11% 39 40% 49 *14% Mfg Corp (The) common—3 conv preferred—.—No par' Avco 45 i.' Jun Dec. * ■ *6% • 101% 103 11% 38 Va " 5c -— 10,400 70 ♦107 6% 3,200 96 >/2 87 48% *6% '7 : •"•■44% 97% 22% **16% ¥ 17% par' Canteen Co of Amer—5 Automatic Feb 31 No prior, pref *($1.20):—No par Conv 36% No* *20 common.: *98% • 160 99 95% ; 69% 108% 48% 44 97% 22% 97% 22% ♦107 preferred: : „_100 Tack Corp .—;—No par Baldwin 28 98 44 V2 38 VB " 22% 6,100 ,--7' 150 98% 101% 101% 11% ■711% 37% 1,300 9% 14% *85% 110% 109 108% 108% *97% : conv 7 38V Jun 40% 5 Atlas Powder 7 May . 200 101% 43% 37% 37% 70 86% RR_; preferred. 250 14% 98% *102 110 <: ;v- .-7 *100% ;96% '• 42% 96% x95% .... 15% 9% ' 102 11% 11%' 37"% 37% 11% Jan 59 101% 86% 29% July 40% Nor .' 101% 11% 68% 12% Jan 13 101% Xll% 38% 13 l60% Jun ♦101% 11% *67 13 80% May 101% ♦38 8% Jun • 100% * 44% Jan 8 No par' 99% 100 9% 4,900 98% 114 , *14%' 14% 14% 102 99 42%' 42% 100% 9% 9% 1,400 48 VB 47% 114 15 102'% 99 100 98% 42% 43 43 15 36,500 .'•■■li¬ es *98% 98 % 114 14% 14% ♦101 103 v v 99% *85 31% Jun - Feb 60 Jun 103 43%' - common—lc Line J SS Lines non-cum 7% Jun 16% July Feb 13% : 100 11% , *13 *99 *101% —10 14% Jan IB 14 14 103% 101 *99 Topeka & Santa Fe com__100 non-cum preferred —100 17% Mar 10 7% Jan ,7 10 ' 4% Jun 34% Jun ■ Jan 103% 9% 9% 14% 105% 99% Atlas Corp Oct 13 , v7% Sep 15% Sep 25 11%-Jun 20 . 15 20% Jan 30 Sep - 109 9% 14% 100 Atlantic Refining common 25' 4%* conv preferred series A__1O0* Preferred $3.75 series B_„—.100 Aug 18 * 9% 14% 63% 300 7 ■ 62% 48'A 114 15% *14% 15% •14% 15% 90 6% 98% ;Y 114 113% 9% •43 !-:: ■5% 24% Aug 11 58 Jen 3 7 4% Jun * Jun 35% Jan 100 4 13'% Feb111 Jan 19 Dec *11 15 9% May 16% May Dec 12% Nov 6% 42 100 Jan 114 Sep 111% Sfep 1 24 Jan 98% 14% 9% 14 *103% ; 47% 98% 114 26 Va 89 »A 47% 47% 98% 22,600 25% ;90 ; 6% 63% 47% 114 114-- ♦14% 15% 9% 14 62% 62% 64 47% 47 98% 114 €7 77. Shares 7 7 26'A 89 7 for Sales share $ per share 26 90 6% 7 63% 47 98% 114 26%:'. 88% *98% 63 62 share 25% 7.8877. 6% 98% 10 Investment Co Atlantic 41% Oct' 27 Jun-10 Apr Jan 64% 48% Aug 99 20 6% 61% 15% 100 100 preferred Atl G & Mar 18 13 93% Jun 5% 7 Jan 5 7 7 6% 47 47 —No par A T F Inc. •70% July 13 94 Jun- 106 ' -47 7 2nd 88 26 25% 88% 1 7 14 30% Jun 50% July Feb Feb 7% Atch 7 13 Feb' 77 - 6% 24 Jan 15 *113 *60% common—1 Dry Goods 1st preferred Associates ,103% Jan 97% Jun 14 10% Aug 4 Dec 30 105% Jan V 14 Jun 80 1 No par Corp Carpet Co Inc. 11 15% Sep 107 •98 Constable Arnold 13% Jan 28 25% 88 6% ■7 No par No par No par Cork Co com preferred $4 conv preferred-^. 25% 88% S per the Week Oct. 28 Oct. 27 Oct. 26 $ per $ per share t per share 25% 25% •88 5 com $6 conv prior preferred 16% Jun 30 1 Illinois of $3.75 7% July 18 11% Feb May 19 Co & Oct. 25 Friday Thursday Wednesday Tuesday Oct. 24 I per share 10 100 com preferred Armstrong 4 Oct 24 114 15 13% Mar Jun 17% Aug Dec 7 105% Jun 115% July 12% Mar 7% Jan Corp conv Armour 6 94 13 Jun Steel 4%% 8 10 106 Jan 103 3 99 % Feb 88 Feb Armco 26 95' 56% Jun Dec 41% 5 27% Jan 15 Jun 77 15% May Dec 68% Jun Par share 14 19% Jun Oct 101% Dec $ per $ per share $ per share $ per share 23% Monday Saturday Oct. 22 EXCHANGE Highest Lowest Highest STOCK NEW YORK Range Since Jan. 1 Year 1948 Lowest RECORD STOCK YORK NEW Monday, October 31, 1949 CHRONICLE FINANCIAL & COMMERCIAL THE (1706) Co— Ltd t 100 / No par Ry^—i._25* 24. _______ 9% 19 9% 18% 9%, 101 ♦100% 103 *39% 40 *39% ♦20% 21% ♦20% 13%- 13%- ... 13% 18% 9% 101V* 40 21%' 13%- 18% 9%101 54% 1% 4% 19»A 10 Vv 101 ♦39'A 40 20% 21 13% 13% 35 x34 % 34% 34%5 34% •53% 54% X53y8 53 V8 53 VB 53% 40 1% 1% 1% 1% 1% 1% 4,700 4ya 4y«' 4% 4 4% 3,200 4 19% •ioy8 101 40 *20% 13% 19% 10% 101 40 21- 14% 19% 10% 102 39 *20% 14Va 20 10% 102 19% 10% 101 20 1,000 2,700 10% 12,500 102% 290 250 39% 39' 21% *20% 21% 200 14% 14 Va 14% 54,100 39 Volume % ■ 170 • • Number 4851 • _ , ' , , . THE • COMMERCIAL NEW Range for Previous Year 1918 Lowest 38 Range Since Jan. 1 v 47% 11 Feb Apr 56 Sep 100 % Dec 30 Dec ■ 12% Dec i: 30 Nov Feb 22 Feb 5% Feb 100 23 Jun 26% Jan 17 25% Jun 108 ?; , 14 30% Mar Capital 5 16% Oct ?"■ 4 Feb 24 37% Sep 8% Oct 29 6 30 Jun 10 42% Oct 26 147% July 131 11 26% Jun 7 34% Sep 102% Sep 32% Jan 13 97 Feb 105 July 97 Apr Feb 140 May X114 141 23 123 V *46% 56 lnc Oct ,105 24 -—1 & Ohio Ry Co Preferred 7% —100 V -_10 < 50 100 . 7 Jun 15 131 %' Jan 6 7% Feb 34% Jun 13% Jun 17 26% Jan 7 17% Dec 20% Jan 15% Jun 17 18% Jan 11 5% 16 Dec 18% Feb 14% Jun 29 17 21 Central 6% Feb 11% Sep 5% Dec 12% Jun 22 Va Dec 38% July Dec 8% Mar 67/a 7% May 31 3 Jun 11% Mar 14 14 12% Jun 6 Jan 8 100% Nov 108 83 9 Oct 35 Oct 4 3 112 May Oct 8 5 13% Oct 5 10% Jun 10% Dec 15 Dec 11 9% Feb Jun 28 14% Oct 13 May 7% Sep 9 88% Aug 24 11% Oct 10 79% May 24 .6 % July „ 7 13 % Oct Class > 11 13% Oct v 8 RR Co B 34% 39% 39% 140 141 8 ♦140 41 16%. ?■, 16% 16% 34% 34% 35 8% 8% 8% 8% 7,000 41% 42% 40% 41% 19,600 142 141 Dec 28 % 12Vs Nov 20 24% " Feb 17% Feb 90 Feb 7% 31% 31'A 31% '31% 31% 8,300 1017A 101% 101% *101% 101% 1,200 28% 28 Va 28% 28% *101 % 29% 102% *101% 19,700 102%,. 102% 102% *101% *125% 126 *125% 126% 126 126 « 17% 17% *16% 16% 16% 16% *15 ' 16% 15% 1 _100 15% 18% 19,000 17 17% 17% 17% *17% 17V2 17% 17% 1,000 15 • 18% 15 15% 15 Va 15 Va 15Va 15 15 Va 1,000 9% 9% 9% 4.000 9% 9% 4 4 *13% 13% 13% 13% 13% 8% 8% 8% 8% '8% 8% 33% 9 V* 41/4 13% 13% 14% 8% ■8% 8% 33% 34'A 33% 108% 108% •108% 108% 108% 85% 85% *85% 86'A *85% 86% 8'A 8% 8% ■8% 8% 12% 12% *12% 12% 12% 13 13 13Va 13 13 108 ; . 85% 8% 8% *12% 13 13 ; •9% -3% « 4 •3% 13' *84% *12% *7% ■' .r v 7% *7% 28 Chain 27% Oct 27 14 98 15% Jun Champion Paper & Fib oom__NO" par $4.50 preferred No par Checker Csb Mfg 1.25 30 28 Jan 90 ' 17% July 18 Oct 27 -May 45% , 5% Aug 31 Jan 9 79 Jan 8% Jan 7 7 34% Jan 7 85 13 Jun 13 12 Feb 11 7% Feb 24 10% Oct 27 14 18% Oct 28 28 10 12% Jun 5% Jun Jun 13 3 13% July Apr 4% Jun 41% July Dec 17 23% July - Dec Jun Jan 34 33% ' 8% '»■£ 8% 12% 12% 13 13 Va *7% 13 13 Va 34% *7% • ' 109 13% 7% *13 7% 13 15 Series 36 % Jan Jan 14 28 40}May Jun 49% Jun 25% Feb 42% Sep 25% Jun 17 55% May 4 34% Jan 21 45% Jan 72% Oct 56% Jun 14 74 10 July 15% 10 Oct May 11 Jan $3 preferred Year 1948 A 34 •' Range Since Jan. ; Lowest $ per share Conv 4 Feb 19% May 4% Apr 63% May 35 ; 42 31 Oct 31 Feb xl3 50% Nov Feb ' 90 Nov ' 19% Nov ; 27 36% Jan • 48% July 7JA Jun 20 Jun 44 Va Jun 14 58 Jan 32% Sep 4 x20 Feb 11 42 % Jan May 3 Jan 6% Feb 25 ! 84% Apr 79% Jun 17 33 Jun 25 10 21 38% Aug 176 105 % Nov Oct Jun 43 30% Jan 85 Mar 36% Mar il 43 Oct 111% / - Jun 34% Apr 108% Jun Feb 109 16; Jan 78% May 37 11 62% Jun 47% May 18% Mar Dec , Nov 35% Dec 10% 27 Va Dec 36% May Feb Dec 134% Dec 60% Dec July i Dec X87% Sep 15 Nov 16 Feb 12% Feb 147 13 Aug 10 Cleve Jan 9 7% 4% cum Xl24% Jun 13 172 Sep Jun 60 Oct 21 July 1075 J an 5 1075 Jan 29% Feb 25 43 Oct Jan 89 Apr 15 July 25 5 28 Jan 8 17 96% Sep 17% Jan 13 X13% Feb 25% May 26% May Mar 22 20% Sep 16 15 x 22% OCt 12% Jun 22% Oct 15 Dec 18% Jun 13 19 Jan 7 19% Jan 24 14% Oct 20 8% Jun 7% Jun 15 15 Oct 20 17% July 14% Oct 20 Dec 32 % May 17'A Jun ' 20 Nov 31% May 16% Jun 22 25 Oct 24- 10% Feb 14% 9% Jun 7 12 Apr 13 18% July Dec 20% 7% Sep Jun 7% Feb 13% May 7 6 10 25 Va Oct 2nd Coca-Cola Co Class A $3.50 24 Pictures 14 Columbus 21% Feb 11 27% Oct 5 & So Combustion Jun 53% July 46 Va Feb 104 95 Sep 3 7% Jun 32 12 22 25% Jan 11% May 36% July Mar 25 Jan 13% Jun July 29% May 29% May 7 56 2% Jun Sep 14 25 Apr 6 38% Jun 13 11% Feb 23 Dec 15% May 15% July 10 8% 7% Nov 16% Mar 8 29% tie c Jun 13 17 109% Sep 40% Oct 93 Jun 13 13 Va Jan 3 page 8 4 101 99% May May 111 20 Oct see 36 27 10% Mar footnotes Aug 29 31% 31 52% 53% 53% 54% 54 30 >/♦ 30% 30% 29% 301/4 29% 30 101%. 101% *25% 26% *101% 101% 101% 101% '■ 3 55% 14% , * 14% 3% ».4.v'- ;x 47. ; :'>3l'xVv 26% 26% 26 Consolidated 55% 55 14% 3% 42% *31 14% 3% 7% 7% 7% 85% 82% 82% 29% 6 29% 29% 29% 18% 18 18 *18 169 *120 72 *68 24% 41 % 41% 109 Va 24% 109'A 42% 32 *31 54% 29% 26 56'A lOl'A 66 % 66 39 30 29% 30 18 'A 17% 17% 300 24% 24% 1,800 41% 42% *106% Container Sep 21 16 V4 Oct 6 Jan 5 96 6 36% Mar 30 15 102% Aug 16 Aug 25 6% Jun 2 9 V8 Jan 7 56% Feb 24 69% Oct 10 4% 169 ♦120 72 ♦68 V *106% 72 43 42% •109 43 42'A . 42% 108 *106% *109 26 107 66 *66 66% •66 66% *66 39 *38 39 *38 106% 66% •38 26 39 109% 26 ' 180 1,200 106% 66 66 *38 10 39 130 12% 12% 12% 12% 11% 12 11% 11% 11% 11% 11% 11% 30% 7,400 30% 29% 30% 28% 29% 29 29% 29'A 29% 29 29% 9,00'J *4% 4'A 4 4% 4Va 4'A 4'A 3,500 24% 1.40C 4 4'A 25% v 136 i '< 25% 60% 25 25 25 135 135 135 *135 136 *135 74 162% 74 ♦74 75 *74 75 74 162 *159 161 162% 162 61 61 .*1225 *60% *1225 41 41% 15% >16% : 13 No par . No par w w 15% 41 15% 16% 17 13% 14 % 41 13 24% 24% 11% 11% *11% , *67 > —No par Ohio* Elec Co.._j.-5 24 7A 24% - ;;v ; 15% 12% 12 800 160'A 1,100 61 420 43 4,300 *1225 42% 42% 95% *94% 95% *94% 95% 30 16% 16'A 16% 16% 16% 16% 3,300 19% 20 19% 20 19% 20 1,700 15% 15% 16% 16'/a 16'A 17 17 17'A 17 13% 13% *13 13% 13% 14'A 13% 14 13 13% 13 13% 13 13 24% 13 13% 13% 14% 13% 13 '*12% 13% 24% 24% 17 15% 16'A 17 lnc 2Io par . *24% 1,200 530 '/a 1,050 24% 24'A 24% 24 24% 24% 24 24'A 24'A 24% 24'A 241/4 2,800 11% 11% 11% 11% 11% 11% 11% 48,400 12% 121/4 69% *67 13% 13 70 13% *67 13 'A 70 ♦67 30% 30% 30% 31 20% 20 Va 20'A 20 Va 25 25 25 24'A 12% 13 Va 24% Nopar >' *64% 31% 20% 20% 20% 4,000 25% 25'A 25% 4,900 31% 54% v 54% 53% 101% 101% 101% 101% •lOlVa 101% 101% *17% 17% 28% 17% 17% 17% 17% 17% 17% 17% 28% 28% 28% 28% 28% 29 28% 54 54 28% —25 No par Cigar—! v *9% 9% 54 54 53% 102 54 9% 9% 9% 9% 29% 29% 29% 29% 31 31 31 *30% *3% 3% :H;: 27 , 107% 107% Coppermines Corp—5 . 12% 5 i_15 pfd Retail Stores 100 lnc 1 10c Vultee Aircraft 1 preferred v::- 11% ■77A •*■■• Continental Baking Co com—No par $5.50 preferred —No par lnc common..^—20 $3.75 preferred —No par Fibre Continental Insurance_i._— - •• ■• 3'A 3»/4 3% 26% 107% 107% 27 9% 30 *30% 12% 12% 12% 121/4 *11% 11% ♦11% 11% 41% 41% "41% 41% 16% 16% 16% 16% IIV2 » 11% "11% 7% 11 Va > 8 10% 8 *11% ." *8 .. 10% 11% 26% 107% 12% ' *11% 67 32'A 28% 28% 17,700 f 9% 200 3% 27 107% 13% 13'A 13% ♦ll'A 11% 42% 421/4 11% 11% 11% 31% 32 Ve / 31% 32'A 109Va *108% 109'A *109 108% 107% 107% 108 39% 39% 39% 39% 39V4 39% *98% 99% *98% 99% 98% 99'A 31% 39% *99 8% 8% 11 10% 9% 11 16'A *11% 43 16% 11% 4,900 29,000 ' 32'A 34,600 32% 109% 109% 109 109% 108'% 108% 108'A 160 40'A 2,900 *108 108 32'A 40 39% 40 39% 100 99'A 99'A 99% 101 15% 15 '/a 15 151/4 15'A 15V4 15 15 '/a 92% 93 93% 93% 92% 93% 93% 93% 93% 95 33% 33% 33% 24% 34% 34% 34% 35% 35 35% *101% 102 Va 101% 101 % *101'A 102% >101 va 102'A 5 *7% 7% 7% IP 68% 68% 67% 9% 68 15% *101%' 102'/a 8% 8% 8% 9 67% 68'A 67% 69 * 700 9% 34 15% 1,100 10% 93% 15% 300 6,700 9% *93 34 1,900 4,600 10% *15% . 3.100 20,400 32 Va 32'A 109% - 3% 27 108 11% 11% 108% 3'A 26% 107% 11% 11% ' 600 1,000 30'/a 17 8'A 10 29% 30% 17 10% 10 29% 17 8Va : 30 31% 13 • 640 16,400 42'A • ■V 4,600 17% 29 16% 11 54% 102 17% 42 42 54 'A 102 4,600 17% -16% •107% / 13 54% 102 11% 42% 108% './ 3% 27% 107% 108'A 31% '32% 3% 26% 107% >107% -100 Continental Can 11 ; 27% 107% ,*108% No par No par No par 11% *41% *16% ' 3% 26% 107% 12% *11% Corp—1.33 Vs 3% 27 8,900 70 32 20'A 20% 24% 13% 7,200 24% 31% 20% > 340 24 V4 * 401% 100 - 25 10,800 13% :>V 11% 11% 30% 61 120 74% 19% 16% > 61 160 135 16 13 25% 74% 161 41% 14 :" 24% 134 74% *1225 : 42 *94% 95% 25 61 61 41 4% 136 100 >1225 41 16% 25 •67 20% 15% *24% 161% 61 61 25 12% 11% 30% *19% 16% 24% . 70 30% 20% , 24% *94% . 15% 14 13 v 24% 13 13 12% 25 Va •1225 40% *13% V ; 135 75 *60 % •' 4 4 i '■ 136* *74 162% Co Diamond 7.000 ' 109% 25% r common—No par Grocers 40 169 *68 39 :/ *38% 24% •120 3,700 2,000 v Corp of America com—20 Continental 24% 7% 84'A i 72 26 26 108 24Va 24% 109% •109 26 *17% 7% *81% / 169 « 421/4 109V4 •> 7% 18% 24V4 •68 108 ' 30 ♦120 *106% 66 30 72 108 >38% 7% 81% 169 26 11,400 7% 81% *18 *109 120 1,000 83 •68 *106% t 7% 102 *80 18% 26 55,300 8,400 26 56'A ♦17% 109 Va 101% 26 56% 30 41% 109 30% 101% 20 56% .30% 3OV4 990 32 55'A 26 ♦120 *25% *31 55% 29% ' 30,400 55 % 72 26 400 3% 43 26V4 7% 85 24% 32 55 for Shares 14% 3% 42% 101% 29% ; •14 3% 43 Sales the Week 55% 169 *25% 1 50 *7% *80 24% V 41% ' —1 100 preferred preferred— 13 Friday Oct. 28 $ per share 14% 3% 43 ' 7% *33% No par com Consumers Power Co com $4.52 100 101% 55% *68 Consolidated Textile Co Inc.. $4.50 900 12 *25% 26 54% 55% *24 Consolidated Laundries Corp— Consolidated 73 *11% $ per share 54% ■vu20 gtd Publishing lnc Consolidated 14 30% Jun 24. 31% 52 7A 1 Consol RR of Cuba 6% 27 90 For 32 52% 30% 100 Consolidated Natural Gas 9% Oct 73 1 7 12% Mar 29,200 No par 5 27% Jun Oct 42% --^--5.6 46 % Mar 12% Apr Jun 14% *14% 1,300 34 Oct. 27 $ pei' share 46 :_100 21VaJan 6 95 14% 2,800 50% 33% Thursday Oct. 26 $ per share :V4>: Consol Edison of N Y com—No par $5 preferred ———No par IS 85 $ per share 9,800 PRICES Wednesday 3% Consolidated 4 14 Dec V SALE Oct. 25 14% 21 103% Apr 17% July 92% Sep HIGH Tuesday Oct. 24, 43% 23 Oct 105% Apr Jan AND Monday ' *50: . Engineering Superheater Conde Nast 12 3% 4% Jan Jun Jun 29% July 26 106% May 106% Dec 64% *11% •: 42% 27% Sep 109 7'A Jun 33'A 8% Nov 48% Mar 50% ■ 21 % Feb Jan Oct 27% 29% 8 92 2 T% 31% 29 May 99 July 13 VaMay 28% 29% 11% Sep 40 28 *30% 14% Jan Nov 27% 9% 14 84 Va Mar 27 31% 23 29 Va 27 50 29% Jun 42% 26% 9% Feb 35% 26% *50 *29% 8 Sep 26% 2,200 *30% 11 . 28% No par 1 10 Jun 98% July 28% No par Feb 31% Oct Jun 100 29% Consolidated 30 11 12% Dec 29% Congoleum-Nairn lnc— 30 25% Feb xl8% 10% 29% Commonwealth Edison Co- Dec 29% 5,900 28% 29% Sep 28 10% Aug 22 11% Mar 51 29% t per share Commercial Credit common——--10 xl06 Dec 11 Va 3% 3.60% preferred Commercial Solvents Dec Dec 28 10% 40% 11 108% 19 27% 11% 11% 16 24% Jun May 6% May 25% July 37% 28 11% 11% Oct Feb 8% 27% 11 Va 12 *31 13,800 27% 10% *11% 102% Sep 17% Jan 7 7% 26% 11 12% com- 7% preferred cum 7 Va 27 Va *11% No par _No par com System lnc 22% Sep $4.25 7% 3% 10% 12% L.-R.50 Columbia 3% 26% *11% . 6,600 1,900 1,0001 6% 29 ' 8.50 Class • B— 29 Mar 3% > 7% 3,200 18% 6% * 73% preferred—100 Columbia Broad Sys lnc cl A—2.50 Gas 1 73 2nd Columbia <: 17%. 11% 19% non-cum ■ 29 16 4% $ 7 10% 96 18% Jun 4 27% 18% 13,500 29 19% Columbian Carbon 21 27 16 13 103% •>' , 10% r ' 600 .. 11% 95 28 Dec 27% 9% , v 29 19% 25 Dec 7%: 16% 68% Sep 27% 3% 7 96 32% Jan X24 % 3% 7 •19% 13% Oct Dec 3% 7 *94% 2 8 Va 3% 7V4 i ! >16% 13 Nov 3% 7 -No par 48% 25 3 % 73A 100 preferred 26% Jun Jan 4 •6% 3% Collins & Aiknian Corp——No par Colonial Mills lnc—_4,———^20 Jun Nov 17% 6% 73% No par Apr 90 10% 17% 6% 100 — 78 % 36% 10 16% 6% *72% Coca-Cola Internat Corp—--No par Colgate-Palmolive-Peet com—No par 37% xl6 9% ♦16% 6% 16% 6'A 34% (The) common.Nopar Dec 28% 9% 16% 6'A 6% 50% 100 Dec Feb 9% 16% 16% 33% preferred 49 Jan 11 50 Industries lnc 28% 18% 11 34% 5% conv preferred— _20 Colorado & Southern Ry com—100 4% non-cum 1st preferred-—100 6 10 9% 11% 11 50 Colo Fuel & Iron Corp com—No par Jun Nov 10% 34% 24 7 Va Jun 9% 11 10% 50 preferred 28 July 19 26 Apr 64 96 RR Co 141% Sep 82% Jan 71 45% 400 10% •8% 50% Nopar Special gtd 4% stock Climax Molybdenum--. 2 82% 9 JA —20 17 30% Feb 82% 10% . 34% Co com 26 Clinton 82% 3,000 4 73 — Clopay Corp Cluett Peabody & Co 49,100 34% *._25 1,760 ■v-f 200 28% 4% 10% *14% M 22% 73 preferred Feb 4 6 V2 i 28 73% — Jan 12 *22 28% 9 Va * 73 19 80% 221% J»; 4% ■ LOW 1 43 5% Jan 82% : ' 34% — Illuminating Pitts 28 33% „100 preferred & 6% 22% 29 Va *72'A com Graph Bronze Co 5% 'i'jrV 6'% 6,900 . 9 Saturday $4.50 preferred Cleve 6% 22% 29 *22% 1 Elec 14 Feb 16 16 26% Oct 108 6 % "■ 29 Va 34'A Par 700 , • 6% ?; 22% 72% —10 Aug 15 133 63% 112% Jun Cleve Elec 6»% 11,000 , i f 98% ' & St Louis Ry non-cum 31% Oct July 1332 26 C c 5% 15% Jan 92% May 183 9 *97% 34% > 14% 27% 1 '27% 98'A 72% preferred 3% July 11 21% Jun 15 Jan 31 8 . ♦97% OQ *80% 500 4,000 « 9% 7% " 10% Aug 23 24% Jun 22 Jan 4V2 . 16 20% Jun 105 Dec 11332 1 14 Nov 75% 19% Oct V 99 19% 4% Oct. 22 i City Products Corp City' .Stores.- Co : Clark Equipment Co C Dec 23% .; € 28 39 1371 13 68% Sep 69 Va 12% 21 Oct 20% Jun Jun Jan 22% 4% 16 Sep 30 July 88 Feb 105 8% Apr 86 3 Jan 16 May Jan 6% *97% c Cincinnati Milling Machine Co 10 C I T Financial Corp_— —No par City Investing Co common 5 5% % preferred--]—*i——100 x July ; 34% .t 105% Sep 7 26% Aug 18 56% Oct 13 f 99 13% No par ; & 27 : 100 A common,.— Gas 27% '27% 14% ' 8% 26% Chrysler Corp 27% 27 19 4% 50% preferred—;—.—; Cincinnati 27% 27 Va 19 • *81'A 50% ; 14 27% 26% 14 4 Va *3% Chile Cbpper Co——__25 16 97% Jan Co 5 % % 7 25 1 Jan Childs 8 26% Apr Dec 80 Jan\ 101% May 27% Mar ... 36 / 14% 27%! • 8% *26'A Chickasha Cotton Oil 7 7 Jun Dec 176 19 Jan 29% 75% 15% V. 18% 26% 18% • 8OV2 *8% YORK STOCK per share 19% 27 4% 9% 11% 2,700 8Va ' *22 80% *4 10% 27'A ' t " r*7% " 14% "■» 29% 8% *23% 23,000 12%: •13% 26% 22 % *6% • ■ 8'A 27 *97% *16% t : 12% 13% 1 13 13% 4 Va - '• 1,200 8% ' 100 12% 8% 9% par 12% 13% :: ... 8% : 6,400 4 10% • 100 8% ' 8 f 360 8%. '• 13 1'3 Va 8 8,300 ? 86% •H-8% 8% ; *85% L 91/4 xl2% 34 »/e 110 *109% 19 ,6% .. . 80% 43A *8% EXCHANGE 5Va Jan j60 16 Jun NEW 65% Jun Dec 6% 3,400 18% 99 29 81 *4 100 Chicago Yellow Cab_; 1 16% Jan 1 24% • $ 6 2ya Jun Jun 23 Va *21% par preferred series Highest $ per share Nov : 2% 44 V2 *80% 22% 29% 2,100 8% > 26% *98 14% 8% 34 861/4 13 Va 900 14 ' IO91/2 *85% 13Va 4Va 34% 109 Va . 9% *4 y ■ STOCKS V1 Highest $ per share 14% - vtc„; 27 26 % 99 6% ■>:: 29% < *26% preferencei—No par convertible Range for Previous Lowest *22 Chic Rock Is & Pac RR Co—No par 20 12% Feb A Chicago & Northwest com No 5% preferred & Chicago Pneumat Tool com—No 29% Mar 30 21% Jun 100 - 33% Jan 14 preferred 19 14 26% *6% Chic Ind & Louis Ry Co class A__25Class B —.———i—«, —No par Chic Milw St Paul & P vtc„No par 8% Jan 28 Jun convertible 19 13% 27 *98 :i ' A 19 13% 21 Chicago Corp (The) 1 Chicago Great West Ry Co com—50 5% preferred 50 8 27 Co Chic & East 111 RR Co com—No par Class A 40 5 % Jan 13 9 % Jun 21 May 16 49% July 57 49% Mar 3%% 11% Mar 30 5% Jan Belt Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common—25 3 9 15% July 9% Jun 7% Mar Feb 3% Jun 22% July >' 7% Jan 4% Mar 14 8 July July Jan . Oct 28% Jan , 7 6 26 *26% 27% Oct 13 Jun 17 % Dec —No par 8 18% Jun 91 22% July 14% May 12% July 13% 13% Jan Feb 33% *18% 1 Jan Nov 30 5 Jun 9 Jan Copper Corp Products 33 7% 12 Pasco Certain-teed [ Dec Feb 6 de 300 18% 3% 108 i: 70 102 18% 9 , —50 — 125% 102 18% 3% / 50 125% ■ 18% 8% 14 28% 125i% 18% 3% 8% 33% 29% 102'A 125% 17% 8% *13 28% 102V4 126 3% t pfd—100 class A *15 29 102% 126 8% * Corp—No par CO—i,———_* of N J 28* 16% ,v 5 26"% Dec 4 14% Oct 14 Cerro 210 30% *101% Central 11 141 30% 101% 100% 25% Mar 76% 9 Va Jun 21% Jan 141 30% ■ Dec 31% 14% July 13 Apr May 141 900 101% : 18% 11,500 15% 34% 8 42% *141 142 800 34% « 7% 40% 8,500 31% 15% 30% Central & South West Corp com_5 Violets Sugar Co 9.50 Century Ribbon Mills No par 28 8% Mar 29 34% 7% 70 30% - 19,700 101% —100 4%% preferred Central NY Pr Corp 3.40% Central 34% 8% 102V2 30% 31 30% 31% 8% *101% 102V4 30% 31% 600 100 8% 30% G & E Light 15% 33% 102% 30% 100 56 101% 28 1 Ga 111 15% 38% v 15% *7% 39% 140% 15% 56 8% 31% *31 33% \ 102% 30% 30% 31 15% 30% Ry Co vtc No par preferred series B vtc -100 Central 102% 102% 30'A 31 . 8 48% *14% : ■ 101% Aguirre Sugar Co_— Central Hudson •101% 30% 31% 8Va *47% 15% 56 30% — 5% 13 25 104% Jan Jun Oct 74 4 33% Oct preferred— of 102 :8 15 8 140% Corp common———No par preferred —20 Central 8 48% 15% *55'% ,.;*101% r 27% Central Foundry Co 7 24% Jan 17. 6% Mar Jan 7% Shares zlO Celotex 2nd 8 5 15% 56 for the Week $ per share 100 common 4.20% Celanese Corp of Amer com—No par $4.75 1st preferred——_No par 22% 15% 56 > • ' 48% 15% 56 Sales Oct. 28 $ per share 48 *46% 48 *15% *55% Friday Oct. 27 $ per share 56 30% 34% 39 , •46 Thursday Oct. 26 $ per share 15% *31 15% *7% / PRICES Wednesday 101% 31% *33 1 _25 common SALE 7% 30% 15% HIGH 1 Oct. 25 i 48 15% *55% 102% 30% *30% 5 *46% 7%' *102 , No par ; common- 7% preferred Caterpillar Tractor 7 Mar I) (J , ] , $ per share 15% *55% 7 ■ n AND Tuesday Oct. 24 48 *15% Conv preferred 4% series. & General Corp Case 13 100% Aug 29 23% Apr 22 Jun Jan Corp Monday per share •/.. 10 Carriers 17 $ *. No par Clinch Carrier Oct. 22 common—l A Power & Light Carpenter Steel Co__ 27 Par (1707) RECORD Saturday ^ A_ Carolina 29 - v, ; , -J class Airlines 35 % Jan ; • . Mills Carolina Jun 39% STOCK CHRONICLE LOW STOCK ; preferred 7 May 9 $3 23 Feb s / Capital Admin 30% Odt 14 12% Jun Oct 8% Oct 7; Jan 52% Cannon 26 26 July ; Dec 130 15% Oct 4; ■;- u 19 56 Mar 19% May 43% Jan 41% 6'A Mar 48'A Oct 12% Mar 23 Nov 32 5 YORK EXCHANGE $ per share 50 May Aug 110% 26'A 35'A 40% Jan 8% Mar Feb NEW Highest $ per share Dec 18 48% 3% Lowest $ per share Mar YORK FINANCIAL STOCKS Highest $ per share & - *101% 430 280 2.000 290 13,100 102 Va 100 8% 8% 8% 8% 4,000 63'A 68% 68% 68% 3,400 15 Monday, October 31, 1949 FINANCIAL CHRONICLE & THE* COMMERCIAL (1708) 16 •hm Highest Lowest I per t per share ten 10% 46% Feb 69% Jun Mar 14 X49% Mar Feb 13 42% Mar »v4 19% 21% 15% Feb 18 NOT 23% Oct 20 97% July 94 Jan Oct 98 56% Oct 3% Feb 8ep 8% 3% Feb 1% Jun 21% Jun 96 13 NOT 30% Dec 23% Dec 36% Jan Jun 20 Jun 94 95 Dec 129 20% Dec 65% Dec Dec Feb 12% Apr 155 90 Jun 15% Jun 78% Jun Jan 21 Jun 177 7% Dec Dec 88 11% Dec 17% May 15% Dec July 24% Feb Feb 150 47% Dec Feb 61 s 4% 18% Feb Jan 133 21 %-Mar Jan 13% July 7 122% Aug May 12% July 28% Sep July x31% May 137 /July 12% Feb May 160 5% Jun 13% May 67% •21% 22% *21% 221A •53 54% 53 53 •10 10% 10% 10% $3 prior preferred Range Co 17 6 Feb 25 Jun 60 7;, Cornell Dublller Electric Corp 19 3%% 28 Cum 23 Sep 6 4% May 7% Coty 9 2% Oct Inc Co 3%% 12% Oct 20 27% Oct 18 Cream of 7 42% Apr 13 $2 29% Oct 13 Crown Oct 25 $4.20 99% Oct 27 Crucible Steel of Cuba 13 27 1 50% Oct 27 24% Jan Jan 5,lo0 100% *99% 100% *99% 100% *99% 101 % *100 102 100% ♦100 64% 64% C4% 64% 18? % 181% 181 % 182% •181% /:'• *4 182% *181% 4% 4% 4% IM, 4% 4% 2% 2% 2% 2% *2% 2<fa ♦181% 4% 4% 4% 2% : 26% 100% 26% 26% 14% 40 *97 101% 100 % 123/s 12% *27% 2d 27% 27% 27% 27% •J10 14% 15 15% 153/8 15 15% 7,800 40 40 39 28% " 28%. 98 98 98% 98% 99% 18 17% 59 17% 17% 58% 58% *23 24 15% •23 15% 8 v i; 3:> 8 69 *67 A •11% 11% 11% 11% 11% 12% 11% 13% •22% 23% 23'A 23'A 23 23 23% 23% Press Inc 8 8 7% 8 143 138% 144 7% / 141 No pax Kt par 49% 1 7% 8 common 7% 20% 59% 900 71% 11% 111/4 1,760 233% 233/a 23% 23% 1,400 8 23,600 8'A 8 145 145% 144 50 50% 8 8'/a 81 7% 20% 20% 50 3A 2,200 73/4 7% 10.000 < 20% 1,400 20% 20% 140 ♦136 140 •136 21% 780 145% 50% !' 8 20% 140 21% 21% 100 ♦67% 11% 50 •136 140 5,800 8 7% 71% •67 7% 20 % 20% 21% 180 145 7% 8 •136 ; 3,200 15% *15 *160 81/4 20 23 *21%. 15 »/4 70 11% 71% 141 49% 7% 21% 59% 49% 7% 141 49% 8 140 •21% 21% •21'A No par •136 140 •136 100 pfd Inc 7% 20% 20% 20% Cutler-Hammer v;,v, . 140 ' 50 50 50 3,600 - 180 8% 8% 8 69 7% 50 173/4 • 23 15% ♦160 8 67% Cushman's Sons Inc 1% 7 22% 15%180 •160 180 8 23% 15% 15% ♦160 58% *23 24 15% 180 •160 101% 173/a 59% 17% 4,600 28% 101% *98% 18% 581/2 300 27% 99% 17% 1,500 .-101% 28% 102 102% 58% 180 40 283/8 102 *101% 17% 15% •15 *39% 39 ' 28% 102 58% 24 •23 23,600 *99% 12% 17% *160 28% 28 28% 100% 12% 58% 17% *58 2% *99% 102 101% 2% 3,200 2,400 12% 40 28% 101 41/4' 100% 14% ♦33V4 23% 28 100% 190 - 4% ■•/■; 23 *27% 40 28% 102 •97 271/2 14% 4,309 65% 182'A 182 *12% *99 100'/a 12% 14% 23 2S 271/4 • 12% *99 22% 27% 40 *39 27% 26% 100% *98 • 2% <■<" 101 »/2 ■ 65 • 65% 182 % 2% f6 % •100 101% I0MV4 100% *99% 100% 64% 65 2% 4 *97 *993/4 •100 101% •100 10iy2 64% €5 •67% Curtiss-Wright 21 26% Jan 25% *64 109 1© $7 preferred Prior preferred 4 7 137 25 71% 28 9% Apr 3 18% Jun 14 133 Mar 14 19% Sep 7 25 •66% 145% Oct 28 7% Jan 24% 109 Cuneo 23% Oct 26 8% Oct 24% Cunningham Drug Stores Inc 2.90 Curtis Publishing com No par Jan 1.3% Feb 14 16 Feb 28 4% Feb 24 109 Jun 14 42% Tun 28 pfd non-cum preferred Cudahy Packing Co common 4%% preferred 6 May 8% Mar 29 73 6% RR 24% •100% Cuban-American Sugar common—If 160 10% Jun 24% 24% *99% , 100 100 7% 500 -810 24 Amer com_No par 21 10 56% 24% *28% Apr *9% *24% *100% 16% Sep *49% 10 24% I 31 50 9% 55% 14% preferred conv 50 *49% 10 56 27% 5% 3,200 / 55 y4 14% 7 14% 143/4 14% 55 £7% 24 14% 4,200 11% *9% 9% 100 11% ♦49% ' 50 50 3,900 f 54 *53 11% 2,4u0 23% 22% . 54 54% 12% Jan 24 233% ♦53 55 12% 72% Jan 133/4 54% No par No par preferred 133/4 55 . *12% com 11,900 13% 6% ♦54 No par Corp preferred 64% 11% 14% 14% 16.300 64 6% 55% 55 1 preferred Zellerbach 9% 2.5« Wheat Corp (Tho) Seal com $4 2nd 102 *49% 10 1 Cork Crown 50 ♦9% 6% 653/8 23 ... 12* -,./ll% 11 14% •49% 10 v 54 *53 '♦ 54 10% 50 *9% 100 America of ' 23% 22% 22% 22 *53 14% 14% 14% •49% 29 common preferred Creameries Jan com preferred Crane 7 100% Aug 18 19 Va Refining Coty International Corp 28 32% Jan Products Corn *14 . • 109 100 31 .100 1 1 Glass Works common preferred pfd 3%% ser of 1947 Corning Oct Sep 189 l Bank & Tr Co—10 Corn Exchange 11 65% Oct 14 30 7 24 0 27 13 551/4 Jun 34 17% Aug S No par Copper No par Copperweld Steel Co common i Convertible pref 5% series »® Corp com Cooper-Bessemer 2H% July 19 May 24 Jun 28% 6 102 Mar 17 Feb 13% 101 3 14 46% Mar 91% 25 13% Oct 34% 103% July 13% 56% Oct 8 7 1 Feb 23 26% May Deo 13% 11% Jan Jun 27 8% Jan Jan 24% *13% I Delaware Corp Shares 6% 643/4 *13% 13% 64% 13% 12% Feb 13 Jun 13% 64% •13'A of for the Week f per share f per share Vv;: 65 23% Oct 13 Jun Deo 17 V4 3% Mar 39% Mar x2i 171% Jan Jan 98% Dec % i 5% Dec 29 92 v4 Mar 177 Jan 57 66% Mar Dec 164% 92% Jan July €% 64% 34 55% May 13 3 20 10 3 6 6 23 Apr Not 6% Steel 64 64% 64 6% 6% Oil 52 86 i:'t 6'A Continental 19 Vo Jan 88 5% t per share t per share i per share 5% Continental 4 13 49% Mar 57% July 5% 1 • 20 Jun 7 f per that* V #t. Lo Jun 12 Jun I Oct. 28 Oct. 27 Oct. 26 Sales Friday Thursday Wednesday 64% 49% Jan Oct 60% Not ! Par Continental Motora. PRICES SALE Oct. 25 65% Oct 27 51% July 19 9 Jun 13 July 63 Nov 60 Apr 7 8% JaD 14 47% Feb 11, 11% Jun 14 19% Jun 28 5% Jun Jun HIGH AND Tuesday Oct. 24 Oct. 22 EXCHANGE $ per share $ per share share ' o LOW Monday Saturday STOCK YORK NEW Range Since fin. 1 Highest Lowest Year 1948 RECORD STOCKS > Range for Previous STOCK YORK NEW f 213% 21% 21% 21% 2,800 12,400 D 9 Oct 86 1SV4 •. Dec Jun 20% 87 Jan Jan 94% 11% July Dana 15% Mar 18 IS Jun 4 96 14 Jan 3%% Aug 18 5 17% May pfd series A_ *12% 2 12% 12% 12% 12% 13% 13% 13% 13% 13% 12% 13% *95% / Davega Stores Corp common—2AC 5% conv preferred 29 Davison Chemical Corp (The) 1 24 96% *951/4 96% *95% 96% •95% 96% 95% 95% 95% 95% *127/8 1 -IOC Corp common 13% *12% 13% 13 13 *13 13 '/a 13 13 13 13 16% *16'A 16% 16% 16% *16 16% *16 21% 16% 40 •800 16% *15% 21% 2 li/a 21% 211/4 30 100 16% 14% 17% Jan 13 28% July xl6% Mar 8 22 % Sep 21% 22 Feb 26% Jan 3 31 7 29% 23% 29% 29% 29% 29% 29% 29% 29% 6,100 Feb 31% Aug 30 24% « Dec 18% 1 4 98% Aug 18 Preferred 3.75% series A 109 96% 96% •95% 96% 95% 95% *96% 96% *96% 96% 96% Not Jan 96% 94 V£. 190 Preferred 3.75% series B 100 •96% 97% 97% *96% 98 *96% 98 *96% 98 9 8% 8% 8 i 82% Jan Jun 15 92 29 Dayton Pwr & Light common May 12 84 Sep 94 Jun 92% Jan 11 99% Sep 22 Jt*8% Not 15% Jan 7% Jun 30 10% Jan 8 Dayton 8% Sep 13% Jan 9% Jan 7 Decca Dec 42 4% May 31 17 Jun 14 ■; . - -27 Jun Jan 29 Deere Dec 46% 13 29% Feb 34% May 31 Mar 29 36% Sep 15 38% Jan 50% 26 Jun 13 40% Jan 21 7% .) Feb 13% July 81V* ,f Jan Jun 30 % Jun 5% Jun 9% Jan 13 Co & 7% Lack Delaware 7 29 Oct 13 Escrow ctfs for 14 50% Jan 24 Escrow ctfs for 24 14% Oct 26 39% July 19 Jun 58 34% Jun 14% Oct Feb July 20 , Apr 21 % Ma y 20 Jan 3 23% Sep Dec 60% 50 Jun 7 68 Jan Dec 13% May 4% Jun 29 9% Jan 7 '8% 22 % Mar 26% Oct 15 Jun 14 24% Mar Dec 16% Jan 11% Jun 20 13 11 16% Dec 35% Mar 38 Feb 11 Deo Jun 16% Jun Jun 31% Sep 37% Sep 21 % Jun 14 9 6% Jun 18 Mar xl9%May 7 I 6% 8% Oct Match 25% 25% 26% 40% 41 42% 43% 42 3A 34% 35 35 35 35 35 35 13 Diana Stores Distill Corp NEW Range Since Jan. i Highest 28% 29 2° 2"% 27% 29 273A 7% 7% 7% 7% 7% 7% 7% 7% 21% 211/4 21% 21% 21 'A *21% 21% 21% 21% OCt 9% Feb 24 17 24-/4 Fed 14 46% Dec Apr 10 Dec Feb 45% Jun 13 10 Jun 12 25 July Jan 26 Jun Jan 8 Apr oj 26 27% 27% 27% 27% 273/4 28% 27'A 273A 48 47% 47% 48 48% 48% 48% 48 43 14% 14% 14% 14% 14% 14% 14% 14'A : 14% 22% 22% 22% 22% 22% 22% 22% 23 22% 23 ;-4 23 22% S <•52 •6% Feb 12% Jan 3 6% 6% Dr. Doehler-Jarvis Dome 48% Feb 7 72% Oct 24 Douglas 51% Oct 11 Not Feb 50% Oct Feb 106% Jun 101% Apr 108% Sep 20 Feb 106% Oct 101 110% Oct Not 31% Jun 17 July May May 78 67% 83 Jan 98 12 Dec 20 12 v4 Dec 18 Apr 43 29 22 Apr 29 Sep 20 .Sep 19 Apr 11% Mar 8% Jun Jan 124% Jun Feb 99% 8 20% Oct 11 Dunhill 13 14% Oct 11 Duplan 111% Aug 10% 116 Dec 18 Deo 18 % Jun 15% Oct Feb 28 3 119 common Industries 3%% 12% 12% 12 % 12% 12% 12% 123% 1 100 *19% 20% 20% 20% 20'A 20% 20% 203A 2,200 ??% ?3i% •33% 33% 33% 2,800 33% 34 34'/2 34% 42 42 41 41 42 41% 41 % 42 42 12% 12% 12% 12% 12% 12% 12% 12% 12% 12% 12% 2.100 8% 8% 81/4 8% 8% 8% 8% 8% 8% 8% 8% 83% 5,600 17% 16% 17'/a 17% 17% 17'A 163A 33% 33% 17 *40% I share per ' *50 50% 50%. 50% •<./': 50 *10% U •10% 10% 33% 33% 33% 33% 17% 17% 17% 18 17% * 20% Mar 30 Eagle-Plcher id% Mar 20 Eastern 13 ♦7% Mar 29 Oct I 14 Dec 14% Apr 18% Oct 26 83 Mar 19% May 92% Jun 88 16% Jan 10% Feb Jan 94% Oct Eastman 26 <2% Jan Dee 106 Jan Not 83% 1% 8% 56 41% 12% Jun 6 Jun 94 Jan 1 16% Oct Feb 37% Jun 32% Mar 18 Not 2% May 56% 17 1 % Jun Jan 13 34% Jun Jan 7 10% Jun 2 5 May 4 8% Oct 11% *10% 103/4 10% 10% 43»A 43% 14 Electric Boat 36% Oct 14 Jan 12 Elec & 10 Electric 13% Mar 94 17% Jun 18 25% Oct 15 66% Oct 27 Deo 49 Oct 42% Jan 14 23% Aug 2 Elgin 28 48 7 Emerson Emerson Radio 14% Jan 6 Jan x29% Jun 18 Jun 100% Jan 24 Not 4% Jun 9% Jun 48% Jun 55 6% 16% Aug Feb Feb 16% July 65% July 6P Sep 68% 4 Dec 0% Dec 9 3% Dec > 6 6% Oct 13 14% Jan 1 July 12 25 6% Jun 13 6% Jun Jan f oof notes «ee nave 36 3 24 Jan > Jun 61% Jan 24 5% Erie Eureka "> 28 10% net 26 4 53% Oct 6 5% Apr 6 & Evans Products Exchange 10% 400 50 10% 1,500 18% 18% 18% 18% 18% 18% 1.fCO 15% 15% 153/4 16% 16% 16% 15% 16'/a 15,000 11% 11 % 11% 11% 11% 10% 10% 10% *10% 9% 10>A 10 10% 43% 43% 43% 433A 44 44% 193 18% 202 198 198 197 18 3/a 9% 44 195 197 900 10% 2.900 44% 14,800 195 100 27% 27% 27% 27% 27% 27'A 2,700 173/4 173/4 18% 17% 17 3A •17% 18 3,500 94 *92% 11% *11% 12 *94% 95% *7% • : 37% b 36 15% 3 *73/4 15% 15 % »353A V 1% 1% 40- 40 40 *11% If 37% 37% 36 1% •94'/a 8 233/8 *501/2 52 3 *25% 26 Mfg Co * Phonograph-.—1 *10% 10% 17% 17% 17% 17 10 ^ *923/4 94% 8 37% 37% 94 94 *92% 11% 12 94% 8 12 12 12% *12% 12% 95% 95% 95% *94% 97 *94'% 73A 7% 73A 1,100 39 383/4 39% 38% 38"% 7.600 15% 151/4 2,700 35% 35% 400 1% ■r: l% 4,600 15% 15% 15% 15% 15% 35% 3534 35% 35% *35% 15% 36% 1% 1% 1% 1% 1% 1% 40'A •39% 39% 39% 39% 39% 12 12 12 12% 12% 12% 12% 1,000 24 % 25 24% 25% 12,530 61% 66 % 66% C6% 66% *50% 52 *50% 51% 503/4 51 51 51 51 253/4 26 253/4 26 2534 25 26 25% 25% 10% 103/g 103/8 10% 17% 11% 1 1-7 I/, 17% }77/, 11 % : 17% 17 17% 17% 171/8 16% 17% 16 % *33 11'A Co 333% 33% 101% ►101% 53A 5% 53A 5% 5% 53,4 10% 10'A 10'A 10% 10% 10% 10'A 10% •51% 52% - 33'A 5% 52 *51 - *51% 52 58 *55 58 51% 103 : 52 *101% 103 *101% 11% 11 »/4 11% 4,400 17% 171/a 17% 18.090 17 16% 16% 2,600 13 33'A *101% 103 5% 5% 10% 10 3/4 52% :•/ 600 700 5,200 52% ,/ 5% / 10% 52% 33% 1,000 103 20 6 15,600 103A v 8,000 52% 1,100 60 10 4% 4% 434 4% 434 43/4 43i 5% 5 5% 4% 5 2,GO0 81/4 8% •8% 8% 8% 8% 8% 8% 8% 8'A 8 3/8 8% 1.300 *55 • 1 Corp 26 33% 3334, 101 % 5% I I 33% 10% 102% 95 3,200 24% - 102 % 109 401/4 23 12 22% No par RR Co 39% 40 61% 23% 1 Corp % 23 12 % *32% 33 30 73/4 33 37% 8 1% 15% 37 3,700 8 8 29 109 Corp common Bldg *92% *921/2 €4 12 613% 61 V 12 *60 .22% 62% 94 95% 27 61% *12 12% 23% Inc Corp... Buffbt *92'/a 95 1.90 *60 Pittsburgh Williams Ex-CeU-O 10% 10% 173/a N« par common Eversharp 10'A 10% 26% (The) preferred series A 21 28 Ton 15 , Jan '0l-o Johnson RR 5% Sep 68 & preferred Equitable Office Erie 114 17% .1 4% 21 *113% 27 District Electric Co Endicott 5 3% Feb 49% May 7% Mar Empire 13 Jan 11% Dec 13 Jan 20% May 7% Mar 84% Apr 17% Oct 33% Mar 25 104 113% 17% 'i 99 Electric 18 84 113% 26% Gas 18% Oct 104 101 17% preferred. Natural 13% Jan Feb 800 1233% *100% *17 Watch Co 14 Dec 123 101 10'A 10% 573% 58 % 123 1 Amer shares 17 Jan 123 *100% 27 preference Paso 71,100 ' <£./ 195 common__ conv 58 57»A 57% 300 27 Battery. ___Ne pa? 8% Jun 12% 6% 5% El May 16 Ind 12% Jun 07 Jan Co 195 1,800 *190 Inc common preferred Storage 5%% *190 14 —1 Co common National Elliott 51% Oct 21 29 Mus 43% 43% 19 common 19% 13% 114 \i *10% -19 55% 19% 14 114 10% 100 19% 14 114 10% 86 19% 100% 15"% *80 86 300 14 123 18% 19'A 19% 100 : 10% 110 *80 81 123 ♦113% 114 i 14 55% 15% Co 15% Apr 2% Jan ',•113% 114 10® Auto-Lite 51 14,300 101 •18% common Nut Convertible 2,900 19% 122% 15% 109 Co Electric Jun 4% Stop 110% 18% 54% 18% preferred Elastic IIO3/8 19 122% 15% preferred Products 7 ■ jun 20% July 16% Dec Bros Stores 4%% 110 19'/a 14,300 —109 Jan ♦3 27% Feb Co 109% ♦19% *18% Manufacturing »% % Ekco 18 74% Jun Kodak 513% 1063A *80 I Inc. preferred Edison 2 Doc 39% For Apr * Not 9% Mar 60% 101 6% Eaton Aug 12 14 19 Feb 12% Deo 10% Jun 202 33% Apr 29 12% Feb 25 48% Dec X66 Jan 50% *106% 19% Stainless Steel 21% Jun 51% 107% 19 19% 50% *106'A 109 108% *100% 7,600 50% 108% 13%: ■;,'k S-i 70'A 50% 80% 13% €9% 70% 300 10% •196% 13% 54% 69% 71 70% 50% 108 10'/a Co Airlines 70% 106%.' *10% Eastern 38% Jun 23,300 10% 7 164 5,700 18% •10% 13% Jan Dec 34i% 18 *113% 7% Jun Jun 10% 33% 183k 1st pfd—IQP » 22% 33% 10% 343/8 18 .19 14 14 30 % Dec 10% 33% 18% 19% 123% cigar Corp 160 : 11 ,18% 80% t 54% 50% 34% 19% ,•13% 50% 18 81 54% 300 700 50% 34 *77 54% "'■■"■• 343% 50% *10% •19 13% 11% 343/8 ' 18'A 19% 101 % Duquesne Light 5% share 34% 10% 81 13% 11% 11% 34% 34 *7J 123% DWQ share Shares *11% 50% •19 *100% 12 113A"; 11% 33%:- 34 I 123 15% Jun 46% May ir .101 10 33% 106% 19% 101 12% Jan /: $ per *50 50%> 109 19 123 115% Jan . 50 69% 50% 108% 19% v 109 . . for the Week Oct. 28 , 10% 107. 108% 108% p\r Sales Friday Thursday t ■t per share 33% 72% 107 Nt par Dec 175 50% 50% 107 V 19 fOr 71% 72 50% No par 13% Feb 71% series 13 14 tfl%"ll%" *33 *108% 16,200 ' *n%/.::ll%' 33'A No par _li 17 PRICES SALE ".Wcdnesdav tinner shares 400 ' -H>ct .27 33% Corp common. >11 HIGH Tuesday ,J/.Per share series Eastern 89 % AND 11% $4.50 7 6% 17 17 33% $3.50 13% Jan Dec *40% Oct, 24 Preferred 7% July 11 10% 33% 17 Monday r Preferred 19% Not 03 23 ♦12% 1 Dec Sep 22% •40% < No par 20 Jan 900 12% 19% No pat No par Corp Jun Jun 1,900 12% 11% preferred conv IS 167 23% 1 6% 233A 19% •32% International 13 25% May 20% May 6% 23% *19% Saturday common 9% Jun 112 Jan 6 3A 23% *12% 102% Aug 26 124% Oct 6 34 23% *21% Du Pont de Nem (E I) ft CoCommon ——-8 Oct 27 58 Co series A preferred 2nd $3.25 6% 23 % "'V 19% No pax Aircraft Chemical Dresser 4,000 . 12% No par i Corp $4 preferred 11 97% Jan Jun Dow 57 ♦53 .. . 22% No pax Ltd Mines 55 *11% Oct. 22 Co Pepper 24 % May 4 86% .Tan 21 43% Jun 14 94 22% ♦53 6% 61/2 6% No par 4 32% 113% 6% 55 *52 55 2,500 10,600 *21% STOCK A 20 47 Xl8% *52 * 18% Sep 97 ^00 55 •52 55 LOW common 14% Mar 29 Nov 3,800 27% 14'A ' 11% 3,100 47% A Corp 34% Oct 1 21% BOt „ YORK Dixie Cup Co Class 8,900 21% 23% Par Dlvco 34% Oct 27 7% 27% EXCHANGE Jun 6,500 7'A 2 $ per share S per share $ per share 20% 2,400 281/8 / 47% ■ Dec Nov 35% 26% 28 3% 7% {■' f per share Id % 2o ■ 30,700 29 Corp-Seagrams Ltd Lowest Highest 42% 35 351% 28% STOCKS Year 1948 42% 433A *47 1210 ; Car Co Motor T V' Range for Previous fewest 25% 40'/a *27% No par common preferred 17% Oct 13 13 25% 39% .3 Corp~~_._ par tic Diamond 19 25'A 35 1 , Raynolds class A Diamond 2,700 I Steel Devoe & 26 Jan 12% Oct 13 12% Jun Jan 40 20 46% July 19% May 45% Feb 13 46 4,500 25% 8 100 Vilbiss Co De 22 28% Detroit 2 26% 2,700 8% 25% 8'A 39% 9% 93/8 9% 26 34 —— —.—. Detroit-Michigan stove Co Mar 29 9% 8 27 *21% ' Ju Detroit Hillsdale & S W RR Co_100 10 Jan 9% 8'/a 98 *96% 109 com pfd_ Derby Oil Detroit Edison 16 56 8%r 8 8 3,200 Rio Grande West RR Denver & 14% 32% Mar Western...—JO Co—13.50 St IS 20 8% 30 28% 7% Delaware Power & Light Sep 16 Jun 8 *34% Hudson. & 8 21% 33% preferred Delaware 9 21% 21% 25% common 22 19 *8% •96% *8% *7% 90s Co Inc Deep Rock Oil Corp 12 27 43% Oct Rubber Records 21% 21% 9% 3 2.90 ♦50% 3% 9% 51 3% 9% 9% •55 9% *50% 51 51 3% 4 4 58 53 58 *56 *56 60 10% 10% 30% 10% 10% 10% ,103/a 513A 52% 53% 53 53 ; 52% 52% *33/4 4% 4 *3% 4 4 4 19.300 2,300 - r . -3A4 800 Volume, 170. Number 4851 : • -v. v v W THE COMMERCIAL y* NEW Pmitai Year 1948 ' Lowest .•' Range Since Jan. 1, /, Lowest ^ Highest « Highest t per share per.share?:' t ' yA,. S per share t$, •- • ,■: FINANCIAL CHRONICLE 37 Not 84% Jun; 33% Oct , 34 Jun 11 LOW york stock exchange ;■ }, ?■ ; ■' • V Saturday -v Oct. 22 - 19 : 12%. Aug 3 Not 11 Feb 11% 1 - Mar > .16 20% 99% > 15% Sep 38 V* Jan * 14% Jun 17 X 3% Jun 14 24% Feb Jun 9 24% Sep 12 26% Jun 12% Jun 42 Oct 104 14 Juiy 17% Jan July 13 Dec 53 Jun 43 Not .107% Jun 105 59 % July 53 74% Oct b Sep 13 Feb 20% Aug liy« July 13 17%. Jan 3 Nov 42% Jun 21% Jun 7 31 % Jan 7 96 Dec May 98% Jan 7 103% Oct 10 26 Dec 13 Dec 36% May 15% Jun I81/2 May 25 13 Ya Jan 3 12% Dec 21% 12 22% Dec 40% 9% Mar 27 79 Jan 47% Dec 105 OdkU 14 % Sep 7 29% Jan 8 Mar Dec 78 May 2 90% Jan 10 t July 18 96% Oct 19% Feb 21% Jun Jun 13 10«4av 13 Feb 26 57% Oct 11% Jan 19 16% Jun 6 20% Jan 26 78% Fed Feb 12% May 24% Jan 84 67 Deo Dec 12 38% y A. 4 Gabriel Oo 7 Galr Co Inc 6 Aug Dec Dec 11% 9~% Feb 42 Dee 8% 14 6% Feb 3 13 32% Feb 23% Jan 4 13 »/2 Jan Jun Not 15 82 Not Dec 24 Noy 31% Mar Mar 9 19 24 13 Oct 27 6 13 10 Jan 7 . Jun 65% Apr 25 24% Jun 14 Jun 79% Jan 20 31 Jun May 34 * Jun 28 39% Jan 3 Jun 17 Jan 7 20 28 Apr 1 139% Apr 40 Jan.* 48% Oct 93% Jan. 4 2 19 100 V* 13% Dec X6% Jun 14 Sep - 6 13% Jan-11 53 . Feb 27 163% Jan 9% Feb ^un 96 Feb 118% 13 129 41. Mar 40% Oct * Nov 2 44% Jun 15 52% Jan Oct 128% Jun Feb. 123% Jan Jun 108 97 13 4 7 4 Apr 128% Jun 108% Oct 14 Year 1948 < Range Since Jan. 1 Lowest V /w VVU* S per share Garrett 50% Mar 66 Nov 51% Jun 14 67% Oct 28 125% Jun 123% Jan 5 127% Sep 23 99% Jun x97 6 103 17% Jun 13 Feb 25 16% Feb 26 Nov 22% Jun 17 12% Nov 2% Dec 18% "A. Feb 10% Dec 120 .: 1 15% Nov Dec 76 Dec 72% May 19 17 75 122 30% Oct 28 18% Jun 22% Apr 102% Jan 4 4 15% Jun 13 21% Jan 5 67 77% Apr 11 64 July 19 Sep 26 73 15 1 12% Jun 14 Feb 65% July 6% 122 Dec 47% Mar 24% May 64% Oct 94% Mar 103% Aug 91 28 Va Aug 18 11 48 July 3 x95% Jun 13 14% Jun 29 52 % Jun 14 100 Jun 10% Oct 116 14 34 Oct 104 23% Jun 6% Feb Jan 8% 10 , Jun 5% Feb Aug 9 26 106 10 Sep 27 16% Mar 19 5 3% Jan 1% May 12 Apr 12 45% Jan 98% Jun 20 Dec Jan 5 19 Sep 19 67% Oct 27 24 Jun Oct 26 ,53% Mar 25 6 5% Jan 60% Dec 8 23% Oct 17 105% 5% 13 17% Jun 96% Mar 2% Jan 17% Jan 80% Oct 38% Mar ■ 7 Oct 28 72% July 11 21% Jun 17 Oct Nov 3 12% Feb 34 79% Jun May Mar 14 85% Jun : 4 7 8% Apr 23 15% Aug 18 Oct 16 Vb Jan 4 29% Oct 26 18 35 Oct 16% Jun 14 28% Jan 7 5 26% Oct 28 23 Feb > Nov 31 May 89 Nov 99 Jun 93% Apr 26 14 % Sep 11 Jun 14 16% Apr July 15% May 60% May 32 Jan 6 36%. Oct 26 11% Jun 13 14% Sep 26 33% Jun 13 43% Jan .7 23% 16% Jan 3 19% Oct .6 133% July 8 9% Mar Mar 29 X12 40 Dec 36% Feb 16 Dec; 132 Feb' 145% Jun Jun 20% Mar 60 Apr 77 Jan 66 29% Feb 40% Jun Deo 17% May 10 Feb, 13% May 90% 16% Dec Nov 25% July ! 5% Mar 85 Jun 98 Jun 3 20 9* 3 Jun 3 40% Oct 23 66 11% Jun 22 93% Jan 15 V» Jun 14% Mar 29 6 12 4 100 15 9 Jun 5 Feb 92 Jan 4 ; - 0 30 Nov { 20% Jun Feb 68% Jun 57% Feb; 81 Jun 56% Jun 13 71 % Jan * 7 14 Jan 18% July 16% Jan ' 3 20% Oct :5 9% Jun 13 14 Jan 7 50% Oct 13 * footnotes see pace _~25 41 24 Jun 14 16'/a 16% 16% I~_Il "10 Maltlng~Co Inc_i *15'A 11% 11% 13% 26 Vb 86% 428 24 24 *88% 90 95 947/a 95 28 28 •23% com_ 24 87/a 9 9% 9% 16 17% 17% 17% 17% 68% 68% 67% 68% 68% ■ 5 Va 5%; 5% 7 .; 55 5% •17 l 100 * 71 127% Par v 10 No par ! A •' ' 1,500 8,400 2,400 200 26% 18% A - 44 Va .' 'A1, 40 , 3,900 ■ . 153% il'i—_ 10% 10«A / 14,200 105 Va •102 ;< 3,800 -■'•<' 106% A' 43% 105 % •152% 18% A *106 44% 10%154 '.A 19 18% 19 Va •' 2,600 154 ► 12% 140 7% *99% *71 72 71 71 *27 27% 27% 27% 400 ld"/4 18% 18% 1874 1874 1,40U 136% 136 % 37% 37% 46% 47% *99% 100 Va ; 126% 100 ' 8Va 8% 52% 126% 8 Va-' 52%., 126% 8% '51% A 126% •106% 108 4,500 /■•' 72 ■ 37% V 37% 47% 47% 8% 2,800 27% 13b % 52% A < 7% 7% •71>: ' i . lo '/a 100 12% 7 Va 13 •26% ■■■ '/a lb 12% 18% ♦135 135 136% ■•■ 37% v 38% " -■•106% Monday 108% * 126% 47 Va " : 47% - ' *; A 127 *, ■" 8 Va 51% 38% - 41,500 i -f" 6,400 200 i1-' : 8 3,800 51% 2,700 126 *107 . — 30 . •> < 100 %-- 126 108 >A > 47% '51% v 126% 126 % 47% 8 51% •107 108% : 38 ; 8'/a 290 135 •99 Va >■•99%" 100% ; 51% •107 Tuesday f ■ v/;i per share :U; # 260 108 ; , "A— Oct. 26 65% 65% 124% 101 *100% 101% 18% 18% I per 18% *173A <18% 65% 66 Va '125 101 A ' 101 ; 101% 29% 29% 29% 29% 143/. 14% 14% 14% 14% A: *3% 3% 3% 3% *3% 3% $ 151/4 153/3 15% 15% 15'/a -No par *18% 18% *18% 18% 18% »122% f y ■ 124 ♦122% 6% ' 23% *29% .'23% 30 107 23% 29% >•; 29% 29% 14% 14 Va 14% y >■:- 15 Va 15% 15% 18 Va 18% 23% ' 6% 3,409 15 Va 37,560 18% 18% "■■■: : , 6% 6% 23% 24'A '2,700 15,300 .. 23% ♦29% 30 30 Va 29% 108% 108% 108% 109 2,300 30 103% 30 800 124 •122% 6% 23% 23% 3% 107% 108 6,300 • 14 Va 15% 124 •122% 6% 23 Va 30 , 124 6% 1,700 1,900 119 3% 18 Va •122% 800 r 14 Va 15 Va V'13% 3% 52,400 • A 29% ; 29% : 3%'i 3% 6% 23% 30 V 19 3% 124 107% ' 19 !•.'? 18% 6 Va 30 107% 19% 18% 15% *122% 6% •29% 108 107 124 ; ->;$ 6% 23% 6% 102 Va 29% 29% 10c 102 " 125% 101% >101% Shares 67% 125 Va 67: .... 18% *14% v 125 66% 125 66% 66% for the Week $ per share ■I per share 125% 101 i& Oct. 28 Oct. 27 share 657/a 125 125 Sales Friday Thursday Wednesday Oct. 25 t per share 124% 65% 101 800 ■vAA 630 20 29% 29'A 29% 29 Va 29% 30% 30 Va 30'A 30 Vs 30% 30'A 30% No par 10,000 21 Va 21% 21% 21% 21% 21% ♦21% 21% 21% 21% *21% 21 Va 900 ^100 *99 103 ' / 33% 25% 23 50 *52 preferred 1 j 100 •103% No par com »102 No par No par preferred $6 preferred Gotham Hosiery 9% 10 *11% P 8% preferred pfd Ot Northern Iron Ore Prop—No par Gt Northern Ry 6% pfd No par 56% 53% 53% ♦52% 53 Va •52% 9% 10% 9% 10/ 9% •53 10 •108 110 110 102 102% 39 17% 102% 103 Va 103 A 11% 2% 3,800 53%:- • 10O 10 7,900 * 112% 30 16% 17 V* 5,600 67% 67% 5,100 102% 2 Va 102% •102 103% : ■ '•* 200 1,900 2% 2% 2% 12,200 104 12 Va 12 12 400 40% 40 Va 40 11% 2'/a 4.600 23% 112% 102% 39% 103% 11% , 100 27 27 17 Va 102% 40 103% 109 5,600 67 »/a 66 •102 . 23 113 16% 65% 39% 2% A 113 16% *102% 39 Va 38% •102 8% 110 15% 64 11% 18,100 8% 4.800 8 Va 8% 8% 8 Va 8% 28% 29 28% 29% 29% 29% 28% 29% 23% 23% 23%' / 23% 29% 24 ,A 29% 23% 24 Va 24% 24 Va 24% 2,800 25% 25% 25 Va 26% 25% 26 26 26 26'A 26% 5,500 99 99% 99 99 ♦98 99 V / ; ;v-:( •; 15% : * 66 15 ♦35 ; 39% 19 137 •66 39% 69 135% •66 i 39% 12% 12% 39%: 12% ... 14% 14% 36% 50 14% '14% 36% 14% •35% 36% 300 14% •36 < 1,200 13% 13% '■ 13% 13% 2,100 40 »A ■40% 39% 40 7,200 19 19% 18% ,'19Va 18% 19% 13% 136% 135% 69 136% 39 7A 12% . 137 •135% 70 •67 •12% 99% •98 ; 4,300 13% 13% 39% .» f 40% 19%:. t 99 8 Va». .40 13% 39% 19 >;• 36% ■ 13% *135% •" A 36%- <39% 18% 69 12'/a •14% 13% 136% *39 15% 8'A •98 f. 39% ' 18% 136% •t 36%..: *35 13% *39% ? 397/a 18% (H l) Oo Inc 1 Greenfield Tap A Die Corp__Nopar 23% 2% 15% 100 Green Bay A Western RR 27% 23 Va 11% 36% 13% Green 27 Va 23% . 6,500 80 •78 82 27'A 2'/a 99% 100 —— 15 Va 23'/a 15% *35 > 34 88 15 25% f €3% *14% No par com ♦79 33% 88 15% 3,700 26 *99 No par 33% 14% 23 11% 29 25% 1 80% 70 8% 88 33 Va 3,500 67 1 8% 9 *877/a 80% a 28 17% 8'/8 33% 88 17% / 72 23% -29 100 com 33% 17% 17% 8% 14% 11% 8% 8% 14% 11% >23% •64 81 9% 110 2 67 *87% 103% 2% ♦64 W 8% 33% 103 % , 67 103 •71 14% A 104% ; 8 53% : 38% 72, 22% 63% 102 •70'A 25% 17% 39% Co (The)— 10 City Steel ___No par (W T) Co common 5 UnVm 25% 17% 70 Va ♦64 88 •78 63 Va 102% 2 Granite •108 17% 64 39 1 * Grayson-Roblnson Stores 23 80% 25% 110 *17% *63 % 33 14% •99 103 •99 17% 70% 8%. *87 14% ' 22% *52% 10 *108 10 No par No par com 33% 103 17 ■ 67 8% 90% *78 53% 97/8 •64 87/a ,f : 23% ; .„ V: 25% _No par 70% 67 14% 80 •99 17% 70% 33 14% 103 17 72 •87 89 *78 2.50 8% *99 17% i *64 33% 14% No par i-i 8% *87 103 17% •70% 67 8% 6 *99 ' ;' 17% 72 ♦64 .-No par common 70 •67 39% 40% 40% 12% 12% 12% : 136 •67 ' 136 7,900 70 230 - 40% 40% 40% 12% 12% 12% 1.600 1,600 — s preferred ; 100 Aircraft Corp L__i Guantanamo Sugar common 9% *98 * 1 1 18 No par. • : 98% , 20%- 12% 49% •98 % ' ' -12 Va A .99 18 Va *5%- .-*■ 5% 102 9% y 10' 97/* *98% 99% 17% 53A ♦98% ' 102 ^ t 12% 12 V. 12%. 49 49 49% 49'A 68% 68% 69 20 20 Va 20 7 20 Va A •98% < 9% 10 10 29,200 99% - 98% 98% •98 Va 99 Va 30 18 Va 17% 5% 5%- 9% 10 ,98% 17% 68% < 68% 20'A 10 ..-.17% /5% 102 9% •98 18% : *5% conv preferred No par/: / *98% Gulf Mobile A Ohio RR comJNfo par ' 12'A $5 preferred No par ■ ..•48% Gulf Oil OOrp 28 * 68 i A 10 $5 Gulf States Utilities Co 71 27% 1 Goebel Brewing Co Gold A Stock Telegraph Co Goodall-Sanford Inc GrummaD 1,300 ' 5 4% ♦25'% 106% 7% „i0c com (The) 'A;- 4% A?; 10% 12% 7% 125 1 preferred 5 12% No par Co Gleaner Harvester Corp Glldden Co (The) com 7* 16% ♦102 7% 18% 29% com Great Western Sugar 16% 106% 10% 154 '.A •152% • •135 Va Oct. 24 share per 65 *124% —No par preferred conv A' ■i • 37% 8 Va Oct. 22 '. t / No par $5 conv preference $2.25 15% •18% ■>/-A 44 12% 71 "47% :. 52 Saturday ' 17'A 8%% 18% ',J ' ; *70% Grant 18 ' LOW AND HIGH SALE PRICES * 5 Grand -47 *" 108% No par Graham-Paige Motors Granby Consol MSA 2,700 A 16% 18% 106% 43% 10% 154 *27% 136% 100< 8% *10GJA preferred 100 $%T# preferred 100 Georgia-Pac Plywood A Lumb Co_l Gillette Safety Razor com No par $5 v 100 r& ♦126% $6 pfd—No par Goodyear Tire A Rub 19 37 Va v. 47 8% • 19 •135% 52% - 100 (B F) 10% ' 105 Va 43 %J •102 x7% - 27% : 100 preferred Goodrich Co > '« 71 A 27% 19 *99'/a ; 4%% conv "Ay 6 Va 34 16% 26% 26% 19 ■■■?: 18% 12% 7% ' 71 A 21% 37% 1 12% • A7% , 71; ./A 37% -; -47 General Telephone Corp 4%% •152% : 136% preferred $4.60 1 103 Va 10% Ao.-v' General ' 'A 6% *33 *16% 18% 15% : 19% 18% •106 43% 43% 10 »A •12% 7% *135% Gen Realty A Utilities— Gtmbel Brothers 19 Va A v ♦105% .106% •102 152% 152% 12% 19 Corp Gen Tire A Rubber Co 105% 103% 10% 154 7% ; 1 com 6%:AA - 43% *43% •102 10% *2/' 1 4%% 44 •12 ; 60 General Portland Cement Gen Precision Equip Corp Gen Public Service Corp 105% 105% 105 400 :■: 4% 26% 26% 6,000 33% A>' A-:' A 18 Va 5 - 4% 26%' 700 7 Va 17% " No par . 5 4% •25% - *43% 100 $3.75 series Gen Outdoor Advertising Time A V 5 26% 5% 7 6% ' •5% 400 •17 5% 32 15% 19% r; No par Preferred General 15% 18% g General Motors Oorp com $5 preferred «* 15 % 19% •105% No yat ; Utilities 15% 18 Va ^ Public 15% 400 7Va •16% 18% * 18'A *102 EXCHANGE Railway Signal 18 Va 19% ♦152% STOCK 6% 3,200 8,100 17% 5% 16% 160 68 % >68% 68% 17 Va > 31% 18 5 No par YORK 6 Va 31% 17% ' 18'A 10% 4 19 . 7 ♦16% 6% 18 Va No par i 16Va 183A 7 16% 19% No par preferred ;• 1%% conv preferred; 57% 16% 5% 17 Va 18 •25% '■ 27 , $ — 56% 16% 19 68 17% A 15% • ■ com 57 18% 32% 32 *16% ;/ 19% .19% 0 ; ; 1,500 1,100 68% 17Va ;*i8% .100 ; ; 16 Va ' *4% :; 5 1 common 6 Va 32 Va 9% 9% 16 Vb 15% 18 >26 No par Co 6'/a *32 *16 . 9% 9% " 50 Transportation 6% 6% 16% ♦233A 9% 93/a 55% 6% 17% .! 24 23 3a 18% 5% 6% -A 7 17% 310 2,500 9 16% *16 130 95 29% 93/a ' 55 55 • 16% 5 Va 7 ♦17 32% 233/4 ♦23% 54% 6% 2 8 3/4 9% 17 % 32 29 9 16 7 28% 24 54% *16 .1.66% com 28% 9 600 90 *94% 9% 54ya 90 95 9% •1G 90 95 8% r>: 8% % 17% 15% 27% 5,600 11,800 15% ♦88/2 •; A *9% ■ ; - 1 88 94 % 28 • 26% 88 ;J 28 26 %v 26 25% 87 95% • 17% ■ a 4,800 133/a 26% 26% / 26% 95 16 ♦17% 15% 11% 26% 13% ( ' 15% ■13% 12 13% ;; :::; 100 11% 15% 13 68 1 *: 5,900 11% •54% *17 —50 16% 15% :5% -JNopxr ' 16 15% "■ ^ 16% 11% 9% 15 7/b 1 16 Va 13% 9% •' 68 ——— 1,100 16% 11% 24% ;; 17'A 1 com. 23 13% 28% •54 ♦ 1 23 11% *9% Co •1033/a 23 13% 88 11,800 103% 103% 11% 26% 1,100 1,500 29% 29 29% 210 64'a 123a 223/4 13% 9% . 15% 64% 123A 22% 16 % •14% 16% 15% 28% 103% 29% 104 22% 96 - •24 1; 6% 4%% Sep 26% 28% —No par ^' 100 July 27 7% July 13 100 22% 15% •86 10 28% •103% 22% 11% •95% No par Common 12% For common 28% 104 22% 47% •105 13% 11 ; 27% ♦103% 22% 16% •13% Corp. 10 27% 104 ♦103 22% > ♦14% j 100 boudg July 20 20% Apr 24 July : 44 , 16'A 10 27% 104 •21% No par (The) Greyhound Oorp 9% Oct 97 Feb Sep 144% Mar 33% Mar 19 13% 100 27% •103 7% Chem Gen Steel Castings 99% Apr 27% •• No par Refractories General Shoe Corp Dec 25 Mar 15 7 Jun 28 12aa 10 May 24 Nov 64% 12% HJ 82% May Mar 14% Jan Jan 90 39% May 96% Jun 48% •» 30% Oct 23 Dec 113 24 Mar 14 Dec 4 26 24 Dec 19% 5 6% Oct 22 99% July 18 22% Jan 3 Jun 64% 12% General Instrument Corp_, General Mills common Gen Oct May 64% 12% Oorp $8.50 preferred Gen 123% Oct 10 5% Jun 87 64 12% preitrred General Electric Co 3 30 Feb 64% 12% i* 7 3,100 64% 4% conv 2nd preferred General Cigar Co Inc corn- Oct Jan 102% .: Jan 27% 16 2,100 47% 105% 12% $$ preferred General Bronxe Corp General Cable Corp. com ■4% 1st preferred 20% Jan Jun 29% May 30% May Apr 18% 8 19 31% Dec 98% 14 3% Oct 3 4% Feb 26 16% Mar 14 20% Jun 2 132% ; Dec 21% 11 % Jan 15% Jun 120 Sep 30% Feb 22% Jan - 19% Sep 29% Oct • 117/b July 19 2% Jun 28 6% May Feb 24% May 128% 4% Mar 110% Jun 29 Sep 22% 18% May -4% May Jan 75% 47% 105% 74 64'A piOACLl CU NEW •75 47% 12% < General 1,000 64% 20 Baking 15 12% $4.26 pfd series A General 15 64% No par 70 : 105% 74 74 47 105% 5,900 102% 3,500 12% (Robert) Amer ' 30 29% 1023A 15% 15 73 4,200 12% 64% 46 400 1,000 4% 12 par ino General American Investors $4.60 preferred General •14% . 18% . 12% No par common—No par $ per share Oct ; t 14% 73% 12% 35 3a '17% •* 4% 103% 12 46% (The) Gar Wood Industries Inc 4%% conv preferred Gaylord Container Corp : 93% Feb 12% Mar 119 12% ' ;. 30 29'A 103'A 105% Corp Highest' $ per share 15 ' 72% 29% 103% 46% —No par : S per share 29 103% , ; 4%' 105% STOCKS . Highest '' "• 12 % ,s.- 4% % . . 18 18 46% (The) Range for Previous Lowest 4% 29 ' 14% , 73 72% ' 12 353/4 105% preferred Gamewell Oo 11 24 Jan 43 a7 Jan ' 10% Jan Jan 144 Jua 46% Aug 106 14 152 44% July 18. 107 6 9% Jun Jun 28% 27 July 7 18% Oct 27 25 41% Sep 99 July Sep 3 103% Jan May 72 % 87% 16% Oct 27 '.74»A 17%.;, 4%': 353% '•35'A 46% 20 14 11% July 159% Dec 14% May 9% Mar xl2s 13 Aor 3 % Jun 53% May Apr * 19 15% Jun 106 Feb 146 ♦ 15 21% Jun 105% 100% Jan 34:. Jun 17% . ' 12 May 1 : 17% Aug 18 May 26% May 18% May 45 * 99% Mar .v 41% Jan 25 *73 35'A" 14% 105% •— 26 Feb 15 1% f 3,900 35% 103% •102% 15% •15% J , 5,700 13% % 14% 105 % 9% Jan 10 Oct 13 10% Jun 16% v 6 31% 23% Jun Dec 9 Oct 15 % " ZZZlOO Froedtert Grain A ; : % 14% 14% % 14% ■ 46% Fruehauf Trailer Co common 4% preferred 6 *15 ' Freeport Sulphur 7% Oct 7% Apr 12 14% ' " 7/a 14% 4% 28% 103f 12 •»' 14% 11 105% Franklin Stores Corp 17% Jan '28% •101% ?:■ 12% 14% 4,900 5,800 ♦46% Corp prior preferred Francisco Sugar Co 14 103 9,900 20 •105'A 6% 30 15 -12% 25% 19% 14% 18 4% 2,100 25% 20% 25 Foaier-Wneeler 4% Jun 28% 28% •101 y2 Y™—10 com- conv pfd preferred 14% Jun 28% - . 4% 38% 25% 19% 1-100 Machinery A "4% Jun 48% Aug 17% July Not 27% a •H'A 38 3A 39 25% 20 V* 14% 35'A 35% •17% 38% Shares 25 V* - 17% :■ ; " FJorshelm Shoe class A Pollansbee Steel Corp Food Fair Stores Inc 10% May Dec 16% Sep 28 16% May a7 12 - 17% 4%:.;.;f 1 Fire Ins N Fllntkote Co (The) 10% May Jan 12% Feb ~5% '■ Aug 20 9 12% Aug 17 b 101 Dec 3 x38 17% Mar Dec 25% Feb / ;8% Oct 24 68% 8% 17 22 Oct 47% 6% Ju'/a tsep May Feb 16% 11 •34%. ' • the Week 19% * % %. 14% \14%:. ' 14%;;'.' 35% / 38%- Sales for ,, Oct. 28 $ per share 25 . '"14%: 14% 7/a ' 14 yg 19%. Friday Oct. 27 6 per share 7 share- "37%* 37%;; 25% ',•: 19%. 37% . 14% :" \i 6 per 25 19% Thursdays Oct. 26 .j per share 25% 14% ^ Wednesday . ' ji>0 •4 preferred Florence Stove Co Florida Power Corp 3%% 3%% ■ __g ' Flret National Stores— Wrth (The) Carpet Co Food 14% *34% -35% Vv' *17% ':17%.""' .5 i Firestone Tire A Rubber 4%% preferred 18 35% Deo Fidelity Phoenix 18 89 16% May 8% Aug I Dec 92% 38% May 25% Jan 9% 4** /• 24 29 Jun 82% Not 22 2' 8% Feo Jun 24 % Dec o 16% Sep 28 15% Oct 22 May 26 9Va Sep Jan 20% Apr 12% May Dec 28 com prej.tj.rea Mfg Co Oorp 50 v* Mat 31 68 i Felt A Tarrant Ferro Enamel 107% Mar 17 3 14% Jan *y* M 14% ...; __i ! 19% \ rs'J ,* 37% 37% ' • ■'/ 25 19% 14% iii ..-,14% l ' 25% NO par Federated Dept Stores 15 28% xl04 Liquidating Corp Pedders-Qulgan Corp 8 May 10 Jan Oct. 25 I per share 37%-;;/ ^*19% Federal Mining * Smelting Oo___2 Federal-Mogul Oorp § Federal Motor Truck— fcK.p jj, 20% Jan ft Sep 21 63 % 49% Mar 103% FAB 10 31% Sep 29 . 95% Mar 23 Dec Dec 69% 6% Jan j * jt* Family Finance Corp common' -18% Oct 28 *37%; , 5■•-25%' Brewing vwy Corp Pomiltf 28 19% 83% Feb Faistaff 14 64 Jua 17% • I' 9 31% May Feb 90 »7% Jan 11% Mar 32. 12% May Peb Fairbanks Mors* * Co Fajardo Sugar Co_^__ 3 15% Oct 13 8 • 7 27 Oct Oct 20 % May Dec 5 y ' % Jun & 21. Jun * W43>. ' / Jun 16; V '33% Feb 25% Oct . 19% Oct Tuesday Oct. 24 prices SALE high AND Monday :_,j o. per share 41% JMS l9;/;FebY2ff ; IT : . Par/rt-per share xl9*fc not (1709) YORK iSTOCK ; RECORD stocks new & 17% 17% 17% 17% 9,000 5% 5% 5% 5% •98% 102 Va 102: -j * •98% 12% 12% 12% 12% 49% 49% M9% 50 69 69% 69% 70 69 19% 20 '19% 20 20 - 6 102 Va 12% " ■ 1,900 - 12'/a "*48% 49 Va -70 * 20 Vt 8,700 " 700 13,300 3,800 ' COMMERCIAL THE 18 STOCKS Previous Range lor 1948 J Lowest Highest Lowest $ per $ per share t per share . Par $ per share share H 31 Jan 4 36 Sep 16 22 y4 Sep 7 23% Oct 26 Oil Nov 16% Jun Halliburton 15 % 12 y* Dec 16% May 12% Dec xl4% May 79 Feb 21% Feb 27% Jan 8 Dec 59 ' Jun 79 Dec 4% Jan Jan Feb Oct Feb 11% Jun Mar 26% 6% Oct 68 y2 Oct 8 9% Oct 27 7 Hayes Mfg 7 9j/4 Jan Jan 19% Feb 3 24% Aug 1 27 y4 July 20V4 Jan 13- 25% Aug 9 Oct 78 Jan 91 Jun 84 Jan 17 94 Va Sep 29% Dec 42 Jan 30 Jan 3 95 y2 Jan 103 22% Nov 6% 120 20% i I 34% ' May 98% Jan 23y4 Jan 42% Oct 14 4 17 y4 Aug 22 Hercules 1 49% Sep 122% Feb 15 131 Sep Apr V, 26% Mar 1 40 Oct 5 128% 30% 27% 26 21% Jan 7 Oct 19 84% Sep 1 8% May 20 10% Oct 13 79 ' Oct/ Jan 25% Jan Feb 21% Jun 14% Dec 12 y4 86% Dec 9 29% May 9% Dec 16 y2 May 15% Feb 30% 30 Dec 29% Nov 42% Feb 35% Jun x24 Dec 100 99 103 Dec Hires 13 Holland 20 Hollander 18% Dec 91/2 Jun Jun 46%- Jan 30 27 Nov 34% Jan 28 y2 Jan 81 Oct 94% Jun 86% Jan 49 Oct > .34% Aug Feb, 11 -96 Sep 3%% 22 48% May Feb 38% Jun 29% Feb 7 Dec 23 Jun 12% Jun 14 Jan 47 Jun 31% Jun 28 .16 Oct 26 •!46% Jan 20 1 5 ' Hudson & Manhattan common—100 5% non-cum preferred——100" Hudson Bay Min & Sm Ltd—No par Hudson Motor Car.—— ..12.50 Hunt Foods.Inc 6.66% Howard Sep 34% 12% 8% Jan 50 :33% Jun Nov ♦ 29 8% Jun 7 26 '14% Oct ■ Feb 9 17y8Oct 47% Jan 2 12% Dec 22% Dec 19 Apr 8% Aug 31 Dec 10 % 5 May 1% May 23 Sep Jun 14% .... 19 11 Va Oct 4% Jun; 7 Dec 14% May 19 7 .4 13 11% Jan / 7 — - '10% Jun Jun 15 Lowest,. 8 per share Lowest $ pet share 80% 35% Apr 27% Mar 31% Jun Jun NEW Idaho 13 Illinois Central RR Power 4 Leased 28 % Jan 21 30 25% Jan >4 34% Oct 5 51 % Jun 28 547/s Aug 31 7% Sep 12 10 Ve Jan 20 May Jun 25% . 4 15% Jan Dec 56 Jun 58 y2 Nov 76% Jun ,55 Jun 30 6% 13 11% Feb 160 Jan 3% May 16% May Dec 156 1 Jun xl45% Jan - 5 Nov 9Vs Jun 139% July 64% Jun 99 Dec 14 May Dec 41% Jun July .5% 135% July. 97% ♦96% 97% *96% 97'% *96% 97% *96% 97'A *96'A 11% 11% 11% 12 12% 12% 12% 12% 33 33 32% 33 V4 33 33 500 38% 38% 39 39% 33 % 39 1,400 94 *33 33'A *32'% 34 38'A 38% 38 37% 107% Jan 64 J.un 45 Jan 95 *47'A 48 48 48'/a 47% 48% 48 48 42 3A 42% 43 Ve 42% 43% 43'A 42'A 15% 15% *15% 38% 39 42% 16 '5 50 Jun Jan 5 43 Mar 65%:July 30 Mar 35> Mar -ley* Jun . l'38% Jun 14 30% Aug , 10 Va 10'A 15'A 15% 15% 15% 600 41% 41% 41% 15% 4f% 15% 41 % 41% 2,700 13% 13% 13% 14 13% 14'/« 14% 14'A 13% 14'A 16,600 9% 9% 9% 9% 9% ♦9% 9% 9'A 9% 1.009 2 'A 2% 2 Ve 2'/a 2% 2% 2'A 2% 2'A 4,500 15% 15% 1,000 *9'A . * .,y„ 2'A 16 .2W *15% 15% 15% . AND HIGH .. 22% Mar 26% May 35% Jun 29 39% May 145 May 33 33 Va 33 33'A 33% 33% 33% 33% 54% 54% 54% 54% 54% 54% 54% 54% 8% 8% 8'/a 8% 1,600 28% 28% 28% 28% 28% 28% 28% 28% 4,900 *7'A 7% 7% 7% 49 Va 49'A 49'A 4,009 72% 71% 71% 3,000 May *7'A 7% :: y *7% 7% *7'A 77/a 49 *48% 48% y; 48 48 % 48'A 48% 69 68% 69% 70 69'A 70 *158 162 *7% 189 Va 189% 27% 27% .7% Int'l Int'l , ; r Harvester 11% 11% No par 188% 188% Chemical ,com___5 Minerals & 4% Mining 33% Preferred $4 preferred 136% I Co com. 15 Ll. —No par 15% Feb 17 International 28 International i No par 3 39% Feb 48 May 44 Jan 24 89% Oct 99 May 95% Jan 17 33% Sep 42 y4 Jun -30% Jun : 6 100% Feb 113% Jun 101- Jun 20% Feb 35 Oct 99 Dec 106 May 102 145 Jan 158 Jun 155 39% Oct 21 Jun 6 29% Jun 30 Feb 15 May 23 14 ctfs. Interstate Dept Island Creek Coal Feb 2 «• * eygOct u •18% Jan -24 93 Oct 3 59% Oct J9 104% Sep 43 16 % Oct 28 Oct 26 44% Sep 21 106% Oct 14 114 160 Apr 26 .'33% Jan - 7 $6 Jacobs : (F L) 'Co—L 100 Johns Manville Corp cpm -3%% preferred-i —i 2nd preferred series A—.100 Feb 93% Apr 73 Jun 28 86 Nor 43% Jun 30% Oct 24 40% Mar 16 Joy 11% Dec 21 12% Jan Kalamazoo Stove & Furniture Nov 98 '5% preferred series A Manufacturing Co__^ 9% 12 Va 11% 101'A 12 28% 177% 178 Va 470 6% 6% 6% ".••63A 1,500 34 34% 5 86 5% 29'A 29 % 136% 136% 136% 63% 64% 64% . y 101 102 , *.103 ' *112 r 4034 *105'A •155 J 49'A •33% -y 9% 34 9% 9% 9'/a 9'A 9 'A i 30% 31 31% 26% ,.••• 263/g 26% 26% • SVi "13 Va .*56% > " : 40% *103 :■•' •139 •- 141% 15% 15% 20 % 20% 141% 65'A 34 86 86% 6Va 5'A 47'/2 ' 46'A 50% 34 9% 7,200 5,100 17,300 65 64'/a 30,900 102% 400 5'/a 3,200 47% 920 5 47% 60 *58 46% a* 9% 9% 9% 1,400 15% 16% lfi"-* 16'A 9,500 20% 20% 20% 20% 9% / 9% *9% 32 32 »4 33% 26% 27 26% 27 400 900 33'A 26% 141'/2 *139 5% 141% 2,000 ;vv *139-'"- 141 Va 5% 5% 13'A *i?%": "13% 5,000 5% 5% 13'A 13'A •12% 13'A 90% 91 *90'A 91 90 V2 91 9 If **- * 91 170 57. 57 59 58% 58% 58: 58 2.000 103 % 10^*^ 5'A ■/•/• 5% .57%,. 103% 42 Va 40 3A *106 106'A 170 *150 170 103 Va *103 42'A 42% 113% - 42% 114 *112% 57 *103 42'A 114 5% 103% 42% 114 42 *13 *103 42% 42% *113 % 115% 41'A 42 % 42Ji 42' ^ 42""'" 42 106 . 10 9.000 43% ; 118 *114. ♦41 106 *41 *155 300 103 *106 106% *106 107 *106. 107 170 •155 170 *155 170 *156- r .10) 700 170 26 26% 26% 26% .80 80'% 80 80'A 31 Va 31'/a 31% 90 26% 26 Va 26% 80 80% 80'% 80% 680 31% 32% 32'/a 32% 16,800 9% 1,300 26% 26 3i 80'/a 80% 31'A 31% 25% „1 81 30% 31% 30% 10 9% 9% •9% 10 10 10 10 10 10 10% 9.3/4 101 *100 101 *100 101 *100 101 % 100% 100% 104 104 104 - 26,200 13'/a 106'A V 81.;V; 1,300 34 .26'A , 3,109 52 'A •33.% 26 Va .100; 570 136% 135% 31% y 600 5% 29% 29 ♦102 102 60 33 26,100 913 4 7 :ui2% 40% •V- *139 9% 9% 15% 20% 15% *20 *33 % 0% 9% 30% 91 42% 34 •33% 26% •' 57 >, U4 46 9% -*139 5% 103% 42% ., •*58 49 V4 20 % 91 57 ';,. .. , . 60 46 49'A *30 '/a • 46 Va 45% *58 15% ■'Ai--- 5 5'A 48 f •• - 5% 45% 60 i 34% 86 5% 136% '20% 7 '12% ; ; 34 .v' 9 % y: 50'A . 1,500 - 27% 29'A ioi 196 9,600 177% 45% y 196 195 90 1,900 12 28% 29 15% V 141% 5'A ' ' *191 86 *9 Va 9% 20% 12^ Jones & Laughlin Steel com__No par( 30% ' 3 - /*" 50 49% 15% : •90 Joliet & .Chicago RR s.tamped—_ 100 83 y4 Jan 100 1% 50 *58 : 45%; ♦33% 26% Johnson & Johnson common—12%* .4% 50% ;30% . .. 45'/a "34 V 60 : *58 '60 *139 ^No par; t 1% 28'A 5Vs *26% l ■ preferred—.— 1% 177% 45% *29% j Jersey Cent Pwr & Lt 4%. pfd—100 Jewel,Tea Co Inc oom, ,No par' 3% % 1% 16% ?28% 5% 5 •45%: 3,800 93 Va 12 33% 45 •20 1 — 65% 63% 101 - *84 4% 9% !—No par r Jaeger Machine Co.— 29 137 ■: 137 137% 102 17 *92% 1% *6% 44% *15% 50c ; 5% 28% 64% 63% '*101% 34% 84 5% 28%:: 136% - -5 V ■ 5% v>28% . 34 84 34% 84 5% 9% *9% 9% 17 Va 93% |77'A I 6% 4% *9% :• No par: preferred 5,100 16% ' 93% 177 44% •33% No par common " 64% *49'A 5 Intertype Corp 21 yl- 6% y6% 6%' 32% " 178 4% 25. No par Corp Stores 28 148 13 share Jan 136% Aug 12 Jan Foreign 6,900 13% *92% 17'A - 190 ."44'/a 45% International Telep & Teleg—No par. International Utilities 37% 13 Va " 4% 25 preferred .33% Oct 32 2% Jun 7% 37% 13% *9'A 9% 16% ?44% i*58'/a —No par ' International Silver common.: • 84 ■ 102 >■ *9'A 4% —„ — Salt Shoe—... 38 13% 13% 44% of Cent Amer com—No pari preferred 100 61i 20 160 160 162 %100 37'A : 37 ' Int'l Rys 46% Oct 9% 178 177% j*. 6% 136%i 64 *101 v; . 5% 729 .28% 100r> : ^ Paper 85 * 5% 27'A 177 33% *82% com—No par Int'l Nickel of Canada International .- '7 190 27 177% *6% : 1 Corp...' •158 162 *158 . 71'A 1,000 r 188% 27% '177% 100. preferred 48 - ' 1% .i 27 preferred 100, Hydro-Electric Sys class A..25 International 162 : No par common.^ *158 162 ~ 23,700 ' Ho par ... 69 *158 1% Iron Feb '3 81 7% 27% 14 11% Jun -14 28% 28% 28% 8 8 69 : *92% Int'l Jan i 8 Va 8 49 ,. .100 Int'l Business Machine Jun Jan 28'A,, Rubber—No par 4%%. preferred 7 24 Jun /, 189% Corp 27 Aug 10 450 8'/a 28 23. . 54% Oct 13 100 97 2 7'A 27 Va 33% 26 11% 24 10 *94 27% 11% 4 92 y2 26% 11% 27 23 y2 97 27% 97 11% 11 Dec *94 27 *94 11% 16% Oct Dec 97 27 97 88% 8'/a Interlake .11 Vs Apr Dec *86 1% -11% Apr 18 87 1% 14 79% 30% 87 *86 1% 13 17 36 29% 89 1% Jan 27 3,200 13,50) 36 88 *86 1% 34 36% 30'/a 36 29% •94 29% 89 26% 36'/a 29% 35% 29 Va 35% 29 29% 94% July 28 18 y4 Feb , 35% 35% Shares 54% Intercontinental 7% Jun 14 35 '/a 29 Va for the Week $ per share $ per share $ per share Sales Friday Oct. 28 Oct. 27 Oct. 26 $ per share $ per share - Thursday Wednesday Oct. 25 & Oct. 24 Oct. 22 15% PRICES SALE Tuesday Monday 15% 15% 15% 16 8% 8 .57% Jan 10% 8% 21 7% Jun J. 16% 'Jun 9% 9% 10% *92% '8 5,000 10'A 15% 41% 9% 17 ' 400 3,500 26% :71 ! 20 41 ■> 15% 40% 41 ; 92% 9 15% 40'A *15 9% 16% Aug 25 7% Feb 8 16% 15'% 92% • 1,600 7,700 41'A 9% *9% 103 48% 42% 15'A 9% 8 48'A 42% *■ 41 • . 16% 25 10 95% 40% 40% 92% Feb 7,400 12% 40% 16 39% 163A .65% Oct 97%. *15% 16 39 39 200 103% 95'A 96'/a ♦95'A •94 - 92% 143 7 43% Oct 21 Jan 95% *94 95 *94 •9% 180% Sep 8 7% Aug 16 4 % Aug 23 , * *' 29 y4 Mar ,14 12 28 28 32% 13% Jan 13 1,900 108% 9% 19 Feb 23,400 28 108 % 16% 7 49% 49 Va 27% 107% 16% 31'A Jan 900 $4% 28% Oct 14 2,700 27% * 28 *9% 196 19% 27% 107% 1 . 19 v 49 3A 49 Va 400 15 27% common—i—b 2y« Jan 15 107% Insuranshares Ctfs Inc 21 25% Jun 49% 8,100 .26% 26 Va 19 % 27% • 200 15 *14% 27% Interchemical .•* *27% 400 ... 107% 9ft 19 28 4% 43% 49% 14% 4,400 10'A 14% 15% 18% 27% 19 5% Oct 137% Jan 27% 27% 48% 49% 48'A - ■27% 10 Va 15 *15 30 79 ♦78% 26% 26 Va 19 19 19% 19 19% 27% Oct 34% Oct Nov 19 % -*27% ;• 9% Oct ,86% Oct : 15% 13 17 17% Mar 15 % 36% 14 '• 15% 13 26 Nov 15% 36% 3% Feb 8% NOV 15% 12% 73 Ve Jan !8% *15'A 36% 24 86 - *14% 26%, 15% 10% 14% 14% 14% 26% v, 13'A Jun 65 • 14% 14% 15 36 % Jun i *14% 27 14% 13% 6 % May 34 y8 Oct Jan 14% 26 *14% y 79 10% 26% 15 15 35% 93 Nov 10% 13% 38% 62 y2 10'A 35%. 93% Oct I *78% V 10'A 13 % Feb Jun 79 *78% 79 /.;/ 10'/a 35% Deo 39% 3,610 Inspiration Consol Copper——20 . 5% Feb 24 Jan 600 16% 8 Xl7 164% Jan ; 3 42% Mar 17% 18% Jan 11 8 27 71 135 17% 16% 41% Jan V 8 22% Jun: 1 Jun 7 23% . 17% 16% 33% 25 Jun 24% Mar 17% 16% 26% Apr 174 y2 3% Mar 17% 16% V % 765 14 Oct 5% 1.8 JU Rayon ——1 Ingersoll-Rand common——No par 6% preferred —...———--.100 Inland Steel Co —No par 9% Jun 29 Dec x34% 2,500 139% 33% 11 Jan May 31 3 Feb 39% 138'A *26'A *.'$ per share Industrial 30 26% 39% 138 % 39 *53% 10 Jan 125% 39% 137% 79 *14% 40 33% No par 27 12% Apr 86% Jan 103 16 *14% 3,000 137% 10'A 10 »/4 1.000 48% 125% 16'A 48 126% 33 79 *78% 48 *125% *17'A 18 15% ■ 16% 48'A 125% 16% 16'A 47%; 126% 1,200 42'A , 4,70% preferred 'I,.——*__50 Illinois Terminal RR Co..—.5 Illinois Power Co common 28 23% May Dec 15% *41'A 80 29% 29% 42'A 136 37% 135 ♦17 Va 18% "15% 29% 26% % Oct Feb Dec 1% 36% 29'/a 15% 15% 47% 103% 103 103 *41'A 42 'A *125% 133% 134% 29% 8% Jan Deo 86 ■7 133'A 35% 49 % Oct 11% Jun 200 35 27'% 35% ,72 21% May : 8% May 200 93 107'% *29'A 7 Jun 2.500 25 28% 4% lines 22% *33% 35% 103 30- 30 47% 125 *34'A 103% *41'A 16'A 47% 125 *17% 100 4 3 33% Mar 8 non-cum conv 6,800 107% Indianapolis Power & Light—No par Industrla Electrica De Mex, S A— 29% Sep 4 Jun 155 47% Nov 160 Feb i3 r Jun 21% Jan Jun 30% Feb *15% 37% *37 *94 6% Jan 15% 15% 126'% 97 8 96 34% Mar 4 2'A 93 35% *34% 30'/a *41 y4 47% 47% 89 89% Oct 29 150 30% 42'A *125 *87 13 Jun Nov , *103 104 *103 30 *94 Jun 7% 30 *41'A 15%. ...100 RR stock ctfs series A.—.—1000 73 95 Nov 104 35'% *34% 35% *34% pfd ser A..100 July " common. 3,000 6% 93 93'A *24 Va 93 'A *92'A , ♦106% *13% 4 Co 9'A 22% 25 104 19%. 20 9 6% 22% *86 V2 90 20% 22'/a 25 36 20 11 Oct 31 97% May 37% July 12% 22% 25 2,100 6% 22% 900 6% 66 Va 9'A 6% LOW Co 36% Oct 7 22% Feb 24 Sep Feb 8% 6% 93% 2'A Par Feb ~9% 8% 6% Saturday $ per sha're 95 Jan *8% 6% 92'A STOCK YORK EXCHANGE Highest „ $ per share 42% July 26% Aug 8% 6'A . 62% 24% 8% 6% ■ Range Since Jan. 1 < Highest - 8% 24% 6% 66 Va STOCKS Range for Previous Year 1948 *65% 25% Hupp Oct 17 66% 223A Corp —— — 1 1 Hussman Refrigerator Co No par ' 2% Jan 6 Corp.. Stores Howe Sound Co ' Sep 8% preferred —,—100 Power.——No par Oil of Texas v t C —25 — Houston ,44% Oct 19 14 33 ♦65'/a 92'A *32% ' Houston Light & 4 66'% 11% 11% 34 *37% 38 *94% 95 *47% 48 43 Va 43% *15'A 16'A 38'/2 38% 9% 9% 15'A ,15'A *40'/2 40% 13% 14 9% .9% No par com *65 Va 22% *96% $2.25 conv preferred 50 Household Finance com———No par 10 66'% 66% 6'A *24% , 10 1.500 21 % 145 24 % 24% *6% 93'A 47%' 477/8 28% 28% *106'/2 107% '—No par No par A scr $4.25 preferred Houdaille-Hershey '39% Oct'27 ! 42% Jun '20 pfd 2nd $4.50 17 24% 6% 25'A *27% \27% 12.50 Homestake May 3 12% Mar 80 24% *6'/a 22% *19% Hooker Electrochemical Co, com—5 20% 3% Mining' 24% 6'A *24 24 22'% 10'A 15 14% 26% 15% 106% 21% 25 24 3A 6'A 6'A 15% 79'/2 V ' - 6'% * i-—10 preferred——, 30 * conv 28 99 6 Mar 5 * & Sons (A) 28 Sep 109% Aug 6 38 5 ♦144'/a 200 -V/; 110 80 *144% 8% 18 1,000 *106'A 21% 145 *64% ,%. 7,500 14% ... 12% *12% y 106 % 21'A 145 r •144% 145 *144'% , 21% 21% 14'A *73 Va 6'A 24 104 30 42 y4 16 48 700 36 ,23 Va ' 23 ; 79 *106'/a 106 106 21'A *92'A 15% *78% 10'A *14% 14% 26% *15% 1 „ 31 8 13 29% Dec E) Co Furnace 49% Oct 1 94% Sep 5% J28% Sep }6 Apr 29 Jun (Charles Co 145 143 % 106% 21% ) *247/8 *17'/, 1 100 Holly Sugar Corp !22% Jan 21 3 34 % Jan " 11 .15% Oct 24 yg Mar,io Oct 25 & 2 30 *16% Jun 20 24% Nov May Hinde 15% Sep 8% Jun J29 , Jun > 15 28% Oct 21'% * *125 126% *36% 38 133 y4 133 % 5 Dauch Paper Co——10 3 16 *105% 106% *21 % • *12 79% 23 % *103 Hotels Corp— Hilton *105% 12% 80 *35 5 * Inc— Chemical Corp 3%% preferred ser A 80 25 'A *47 y2 Heyden Jun 16 ,11% Jun .12 % Jan 20 preference conv Hewitt-Robins 2iy2 Jan 14 28% May 73 $4 139% Oct 28 14% Jun Nov Nov ■12% *12 81% *92% ——100 No par No par preferred 5% Hershey Chocolate com Xl3% Aug 25 Jan 17 17% , 14 113% Jun 123% July Mar 114 Motors.— 12% 7.9 12% •80 6% 66'/a 8% 6'A No par Hercules Powder common Feb 14 16 40 12% 79% 14'A •12 145 —No par preferred—, non-cum 13% 23 % Shares ' *14 % 21 % *29% *41V* *15 % (G W) common 7% 6 Apr Oct;. Helme Jun 22% May 57% Dec preferred 3.65% 10 25 13 Va Jan Dec Deer 25y4 Oct 13% 23% ,—100 25 100 —10 25 Co common 23% 14 36 *24% 15 34% Jan Oct 35% 13 V< 41% 120% Heinz (II J) 19 23% 13% 24% V 5 ' Co preferred— 3%% 30»/g Oct 105 4 Glass Hazel-Atlas f 22% 14 Va « 6% *64% *8% 6% 1 2 Corp Hecht Co common 8 36% Aug 14 Nov 24>A Dec 5'A Jun 100 Hayes Industries Inc 35% 22% i- 12% *24 common—1' Corp of America 4%% preferred 36 22% *35 14 81 % f 106% % *143% 10 Marx Hat 5 Jan —100 Schaffner & Hart 13 22 35% 22% ' share *35'A 35% 36 22% "14% *80 *105% *21 Va com—No par Refrac preferred 6% 4 Feb 25 6% Jun 28 61 11% Jun 6% 149 20 Harbison-Walk *14% $ per $ per share share 35 v 23 *12 Co $4.25 pfd__No par (M A) Hanna 4 13 23 y2 Jan 20% Jan 5 100 preferred conv $ per the Week Oct. 28 Oct. 27 for Sales Friday Thursday Oct. 26 $ per share fper share 36 22% No par IW F) 4% 6 107% Aug 4 May 12 3 142 34 % May Dec 4% Apr *35 ' ~ Cementlng__5 Printing Co Hall Mar 29 Jan 18% Jun 20 Jun 150% 13 81 104 y2 Jun 107 , 146% July 20 Ve Jan 89 Mar xl01% 3 27 72% July 26 Oct. 24 Wednesday Oct. 25 • $ per share 29 Well Hamilton Watch Co com 14% May 19 Jan 11% Jun 12 v PRICES SALE Tuesday :.y'/■/ Oct Water Feb 35% Hackensack 31 •* Oct. 22 a IIIGII Monday Saturday EXCHANGE AND LOW 5 STOCK YORK NEW Jan. I Highest Range Since - Year ' RECORD STOCK YORK NEW Monday, October 31, 1949 CHRONICLE FINANCIAL & (1710) 22,900 K May 8% Jun 30 8 rr- Kansas X89 May 98% Dec 101% Dec 23% Feb 48% Oct 48% Mar 60 y2 Jun 94% Jan-12 100% Feb Dec 20% Feb 16% Dec For 18 May Aug 22 J.05% Aug 30 58% Oct 24 4% 16% Oct 28 Kansas 14% Jan 7 13 26% July 17% Jun 23 21% Jan 8 xl3% Jun 13 17% Oct 27 24. Kansas 45% Oct 22% July D&ge ♦103 cum 3 Jan 1 see 4% 24 52 10% Jun footnotes ♦loo July 25 X34% Feb 14 y4 li% 11 102 City Power & Lt Co--^ .j 3.80% preferred/ —100 < preferred 100^ 43 Va City Southern com__No par preferred 100 *58'A non-cum Power & Light Co com_8.75, Kayser (Julius) & Co... 5 Kelsey Hayes Wheel conv class A_1 Class B 1 : 16 Va ■ 12% *19% -*16'A 101 104 '100 103 y4 103'A 103% 103'A 103% 44 44 44% 14% 59 43% 43 '/a 43 3A 43% 59 58 Va 58'/a *58'A -16'A 12%" 20 16% 16 16'A 16 13 13% 13% *19% 16'A " 103% 103% 45% 44'A 44% 10 130 5,000 58% 58'A 58 58 57% 500 16'4 16 16% 16'A 16% 16 Va 16% 14.40) 14 Va 13% 13% 13% 14 14 14% 8,800 20% 17% 20% 21% 20% 21 3.600 17% 17% 17 17% 7,900 20 *19% 20 19% 16'A *16% 16% 16% *57 Volume 170 Number 4851 THE COMMERCIAL NEW Range for Previous Range Since Jan. 1 $ per share S per share 4 per share :v, J Highest •Lowest Highest t YORK STOCKS Year 1948 Lowest • ': 'f NEW YORK $ per share Feb 60 y8 Oct 40 Jun ,6 56% Jan 12 STOCK Nov 51 Apr 39 Jun 20 47% Oct 13 Kern Dec 16% Oct 11% Feb 25 15% Oct 19 19 Feb 92 Oct 14% Mar Jan ■ 29 V* Oct 37% Dec July 15 90 14 Jun 10% Jun Jun 75 Feb 11% 63 17% Jun 24 May 104% July . 25 25% Jun 72 20 v 90% Aug 11 89 Nov 95 y2 32 Feb 39% Jun x35% Feb Feb 58 y2 48% Feb 14 40% Nov July .Oct 4% .49 6% May Feb 4% 43 Jan 3 4% Jan 5 Dec 12 Apr 3% Jun 24 Mar 17% Jan 4 9% Jun 14 9% Mar 14% May Oct 53% May 25% Aug 29% May 19% Jun 47 37 42 Mar '5 21% Dec 90 Dec 10 Feb 30% Mar Jan 19% Mar May \ ; 7 14 Jan 4 7 Jan > 58 Oct 21 Oct 8 6 26 Jan 21 19 19 43% Oct 19 6 29 22% Jan 98 Dec 33% Jun i3 Jun 3% Jun 13 4% July 26 JA July 1% Jun 3 5% Jan 10% May Feb 56 8y8 Dec 12 16*A Feb 26 7t Jun 13 4% Jun 15 24% (G R) Co 8 common Koppers Co Inc 4% common preferred 10 Laclede Gas 6% May 24 11% Jan 10 44% Oct 27 5% Jan 7 3 8 Jan 24% Jan 12 Lane Lee Co Rubber Lees No par Lehigh Tire.. __5 Cement (The) 20% Feb 25 6OV4 Oct 4 6% Jun 14 38'/2 -Jan 34 % Jun 14 37% July 27 Jan 72% Apr 13 91% Oct Liggett & Myers Tobacco Nov 174% Mar 47 May 170 Feb 33 Jun 14 15 Sep 12 43% Oct 13 Jun x6% Jun 13 10 J/4 Jan 7 70 y4 May 52% Jun 17 66 % Jan 10 Jun 14 33% Oct 14 13% Jun 14 17 13% ■ X. 15% Dec 23% Jan Jan Dec 85 Jun 65% Jun 14 78 13% Jan 24% Jun 16% Feb -5 23% Oct 14 >/8 Dec 20'A May 68% Jun 14 % Jan 3 68 y4 57% Feb xl8 Nov 18 Feb 138 Nov 30% July 21% Sep Jun 158 23 Nov 25 37 Dec 50 Feb Nov May 91 Dec 35% May 98 % July 17" Nov 24% 20 Jan x60 Jun 8 7 Jan 27 26 18% Aug 72% Oct 5 25 15% Jun 6 25% Oct 20 19 % Jan 3 25% Sep 153 Jan 28 23% Jan 4 31% May 31 20"% Jun 14 95 Jan 14 15 Jun 13 169 23 Oct 20 30% Aug 29 41% Jan 11 25% Sep 100 14 Oct 20 21% Mar 30 7% Year 1948 t per share $ per share Link Belt Lion Qil Jan Oct 142 Feb 129 Loew's 13% Dec 30% Mar Lousville & 9% Feb 490 Dec 6% Nov Oct 25 10 6 6 100 % Apr 13 Jan jan 525 Apr Apr 10% Sep 95% Jan 8% July 27 10% Jun 23 5 Jun 24 430 Jun 13 6% Feb 24 20 Lowenstein 4 % % (M) pfd Lukens 5% & Sons Inc 6% xOkk 103% Mack Trucks 3 Jan Sep Jun 6% Jan 16 12 Magnavox 8% Aug 25 Mandel Mar 7 Market St Marshall 5 103% Feb 4%% & 13% Jan Masonite 18 Dec 27 % May 11% Jun 13 19% Jan Master 34% July 12 42% Sep Feb 15 38 Jun 1 47% Oct 84 y4 Mar 93 Jun 89 Jan 4 97 84 Feb 93 Jun 89 Jan 11 97 Aug 77 y8 Aug 85 Jan 80 Feb 23 87 Oct 12% May Jan 7% Jun 27 30 Jan 110 43% Mathieson Aug 16 15 Aug 25 10% Oct 9 7% 25 $3;40 19 Maytag 27 $3 5 113 Sep 12 $6 Jan 1st 41% Jan 19% Mar 22 25 10 McCall 36 % May 30% Mar 23 35% Oct 14 101% Jun 90 99% Oct 20 Dec 35% May Jan 98% 16 17% Mar 11 23% May Jun 12% July 14 17% Jan 15 70% May 25 93 Oct 23 31% Dec 46% May 28% Jun 13 34% Oct 23 20 '/a Dec 25 20% Jan 3 24% Aug 16 Dec 19 */8 May 7% Jun 14 13% Jan 47 Dec 30 49 Jan 62% May 18% Jun 34% Jun 12% 12% Jun 14 15% July 25 8% Nov 50% May 28 3 Feb 35% Dec 92 Nov 101% Nov 13 Feb 38% Feb 3 110% Feb 24 8% Jun 14 14% Jan 8 37% Jun 14 48 18 July 27 20 14% Jun 14 Nov July 56% Apr Nov 98 54 % Mar 78 .42% 6 18% Jun 9% Mar 14 124% July 14 10% Aug 2 7% Jun 15 43 % Feb Mar 10 Oct 19 17% Sep 13 Oct 23 25 139% Mar 3 12% Jan 25 12 12 Jan 62% Oct 28 Aug 30 May 90 Oct 20 Jan 4 10% Jun 13 107% Sep 14% Jan 1 15 67 % Jun 15 80 16% Jun For footnotes 16 21% Oct see page ♦65 5/8 693A *65 5/a 23% 23% 223/8 16 3 8 16% .16% 16%. 70 70% 70% 70 3A 2474 243/4 24% 245/8 24 25% 25% 24 7e 25% 25 ■ " . f '*168 169 *30% 30 3/8 337a 33% • 33% 233/8 *99 • • 23% > *99 18 3/e •18 17% 34,400 72% 71% 72% 5,300 23% 23% -23% 4,500 25% 24% 243/4 ,235/8 23% 25% 25 25 25 168% ♦167 169 ♦167 •30% 30% 333A 33% 237b ,187a HIGH AND 30% 34% x33 x25 30% 24% .25% 983A 18% 18% .f 3,900 168 168 983% ,18% , 169 ' 140 30% 7,000 33% 6,100 25 2,400 98% . 98% 250 18 18% 2,000 SALE PRICES Thursday Wednesday Tuesday Oct. 27 Oct. 26 ;Pct.?5 $ per share 24 * .17 33% 100 18% 'V* 30% 30'A 3374 23% •99 . r $ per share Sales tor Friday / the Week :Oct.28 < $ per share t per share 4 per ,share Shares fly *12% 12% *35% 36 36 139 12% 12% 12% 12% *12% •136 36% 139 13% / •137 .139 140 , ♦137 , 14% 133/4 37% 37% *37% 37 36% 139 .. 14 14 36 3 4 37% 3,300 •v-700 363A ♦137 140 10 140 12 12% 12% 12% 12% 12% 12% 123/fl 12% 12 % 12 31% 32% 32% 32% 32% 32 32% 32% 32% 32 32 >/e ' ^99% 100% *99% 100% ♦993/4 100% 99 3A 993/4 *993A iooy2 A 12% 31% - 10% 10% 11 10% rll 10 14 14 14% 14% 11% 7 *9% . 24% ' %' *8 ♦ 17 • 24% *8 - 17% 8% 8% 173/4 17% 22 22 *102% 9% 22% 103% 103% 9% 8VB 103% 93A 22% 22% 9% 10 *103 >03 ,103 v 9% V 23% *8 9% 24 8 3/b 8% 175/8 ♦17% 22 3/a 22% *103 10 97B 97a 9% , 400 8,100 •A 8% 2,100 10,400 180 >18 223/8 3,400 103 % ♦103 103% 1,100 8% 17% 9'A 175/a 103% T./' *7.3/8 24 24 223/8 8% . • >9 t / 26,800 12% 17% 18 1,100 500 *7% 8% , *17% 8% 98/B 10 12 *470 7% is 22% : *8 3A 14 223/8 *175/8 : 13 500 7% 95/a S'A 8% 5,400 14 24% 9% 24 18 r: 8% 17 .173/4; ■ 100 ♦93A ,>10% 14%:,/ *470 7% ♦8 8% 978 *17%. 223/s 7% 100% 10% 125/a ■ 500 7% 24% 24% 8% 17% •*465 17% 9 9% 8'/a / v, *17% ,24% *17% 100 *4jB5 ■V.v 7% ;; 13 11% 11% 500 ■ 7% 8% ' 9 9% 24'A 11% 11% 490 *465 »993A 10 14% 143/s 1,700 14% 10% 14 i 8,400 , 210 97s 9,000 800 1,800 123/4 12% 12% 123/4 12 3/4 13 13% 13 13% 2,800 40 4,600 No par Corp 39% 100 *174 ■ • *22 % 87 88 *9% ; 9% 9% 39% *373/4 •111 *111 112 *99% 95% *37% 10 38% 22% 22 % 34% 34% *99 y4 101 112 22% 22% 343A 34% 101 37% 37% 37% 30% 293/4 293/4 8 58% 58% 40 40 *99'A 37% *29% v 18 —1 Co 10 •174 46% 39% 39% .140 40% *174 177 174 177 10 174 473/s 96% 95>A 96 96 473A 96% 10 943/4 47 .46 5/b *95% 46 % 463/8 -V 37% *29% • -*14 95 % 87 *9% 9% •111 *99% v, 377a 30 58% 583A 393A 40 40 40 98% 98 '98 98 •23% 24% 24 24% *14 14 % 14 Vs 14% 13% 14 58% 343% 943A 340 59% 59 99 40 ,-v, 97b *85% „ 10 10 10 • >99 60 39 *39 *111 *22 300 112 23 1,000 40 112 *22 3A 2,900 20 377a 3,700 *30% 40 40 31 700 58% x58 60 397e 700 343/8 99'A 37% 377s 59 y4 227s 337s 30% >303A r'i ♦99 - 3,800 40 2,400 ' 993A 24% 24% 24 % 141/4 14 y4 14 ♦99 993/4 v -— 99'A 34% 343/8 .'/A 200 • 24% 24% 14% ♦14 24% ♦14 1,100 200 %. No par 13% 13% 137a 13% 137b 133A 133/4 100 *91% 92% *92 92% *92% ■927b *92% 9278 927s 927b 93 93 ^..50 *32% 34% -*33% 34% *33% *33% 34% *33% 23 1 Inc 9% *40% 3% 14% No par Inc common *7% .50c 14 14 23 50 common preferred Transp Co 3,300 87 39 37 y2 38 >30% 39% . 95 87 *94% .101 101 373A 30 *96% 58% 227a 34% 347s ♦943A ♦111 112 22% 22% 101 97a 38% 38% 397s 112 : ♦85% '87 ♦85% 14% 24 •96 96% 95 V* 24 *96% ' 1 Co *86 88 *9% **34% , *96 95% No par Mines.. 177 ' 46% 97 '94% '-ill 100 Co (The) *96 *37% __.l Corp 1st 97 95% *86 A No par Stores •174 ' 47% : 40 ,40% 40% 40 3/8 177 *94% -^No pa* Mfg 47% *96 No par 1 40% ♦174 47 % - ' No par Co 40% 177 47% No par No par Publishing Min 16% 713A 163/a 72% 233/a 183/a Oct. 24 t per share 20,200 72 99 3,800 23% 243/a 99 24,800 693A 165/8 ,233/4 1,400 32 16% •23 33% /Monday Oct. 22 / *67 72% LOW f ' T 17 30% ,183/0 31 16 69%,/ 16% 167% 99% 63:,A 32 3A 23%: 237B 16% 235/e 99%. h-* OO 63 % 10,300 23% 23% " 1 8% ;:16% ■ *66% •70 *663/4 71 30% 333A 23% : 16 60 43% •-.<8% 63 % 31% 179 V. *42 8% 63% 327a 233/8 22 7e 168 30% 63% *>&. 16 69 *655/8 70 23% 168 157a 31% 31'A 157s 16% 63% 63%.'; 30% ,.7 179 ; 43% 123A 104 24. $3.50 $4 preferred 2nd conv 37% Feb 25 27 Machine Metropolitan 4.35% Miami No par No par & Scott *111 No par preferred Mesta 98 July 153/4 181 12% 26 Mar 14 7 18 % Co conv *62:,A - 317a 153/4 , 8% 12% 38% Jan 102 10 10% Mar Mengel Mercantile : 623/4 31 16 9,000 1 Merritt-Chapman 87 Jun 62% 32 1,200 873A Co..., 20 66% Jun 105 % 63 313A *153A ' 353/4 85% % *42 8% v x35% A *179 43% 8 37% -88% • 12% 23 % Jan May 98% Oct ..♦62% 181 •42 .; >> 8% 8,500 54.% ... Shoe & Co 18 May Melville Merck 97% Jan 16 44 8 • 5,500 8% 12% Corp common pfd (1st series) 4% 2nd pfd (1st series) 28 30% Jun Nov 88 *179 181 *42 QVa 8% 4%% 38% Oct 97 Aug 19 114% Oct 26 105% Oct 11 181 43% 8 8 17% Corp com preferred Norris & Jun Jun 37% 88'A 2,700 59% 8 54% Porcupine Merch 44% 140 37 24% •58 " 12 3/a McLellan-Stores 5% 183% ♦42 v .24% tv- 8'/a 54% preferred 20 104% May 106% Dec Dec $4 8% Jan Jun 128 487 8 22 27% 19% May 69% May 36% 87% 875/a < •181 * . 43% 8W ■7 25 -.60% ' *22% 9% 9% € Ml 44 14% 8 = ; * 37% 14% ■••¥. *7% S t 37% 14 23 22% 10% 10% 43% . *41 34% 23 23 23 10% 9% 1078 23 , 41 T A: 41 143/8 14% A14% 100 34% 227b 23 9% 97a 93/4 42 42 44 20 34% 34% > 227b 2,500 *41 v, 3,500 93A 6,200 43 20 1 143/g *14% >.,-14 3A 14% 8 *7%, 37% 37% 8 8 *77e V/ 3 8'A 377s 377« A 8TV C 38% 96 % *943/8 14% 1,400 73A 8 14% 73/4 400 38 3/B 4,400 38'A 38% " 105% May 25 17% 8 8% 88 37 *36% 243A 59% 60 12 'A Mead 14 96% Jan .'243A 8 54 Electric McQuay Apr 183 *42 *8 McKesson & Robbins Inc com 90 1,200 12 3/a Mclntyre 27 6,300 11% 6 ,533/4 13 Jun Jun 52 11 6 53% 27 80%'Mar 95% 513/4 11% *12% Oct 7% Mar 21 52 11% 12% Oct July 20 Jan 300 51% 11 53% McGraw-Hill 24% Oct Jun 6 52 10% 6 12% McGraw 11 Dec 6 51% 11 533/8 21 19% Feb 15 6 *53A 51% *5% 50% *10% = 12% 21 xl3 .17 fa,600 54% Sep 41 Jan 2,300 54 Apr 100 24% 17% ♦12 40 4 Dec 17% 54% 34 3 15% 17% 12% 14 92 % May Jun *181 . *17 Stores conv 30% Jan 24% 17% 3,400 *53% preference Corp , 3%.% Jun 18% Feb 17% 44% 44% 44% *12 24 60 17% 87% 1 24 3 2,400 17% 10.500 No par 29 % Jun 41% Jan 29% 2'A 88% ,.100 common cum McCrory Jan 87 2% 36% 5 pfd Co Dec Feb 3 % 2% 36% No par preferred Feb Jan 33A % 44 44 9% 9 ' No par Chemical cum 88 May 52% May 4 2 89% preferred 25 31 33A 2% 36% Dept Stores common 8 $3.75 preferred Nopal $3.75 cum pfd 1947 series—No par Oct 4 3% 89% May 21 Jan 3% 2% 8% ; Corp Electric 39 May 25 Jan 179 43% 36% 25 Co 3,500 2% 243A 1 Martin-Parry Corp Martin Apr 19 94 3% 8% 8% 59% pfd 94 43% 8% ...8 com 19 •92 19% *92 500 .43 2% 24% „J preferred (Glenn L) 57 % Jan 170 19% 19% 94 ♦42 43% 3% 6 11 *42% 43% ,v 50% *103A 20 1,300 8% 17 11 ♦10% 200 48% 24 ' 6.23 prior Co 14 Oct *5% 50% 19% 59% Corp 6% Ry Field 13 Jan 5% 50% 23% 43 *92 94 7% — 11 Apr 16% *5% *46% 24 83A 43 % 50% ,• No par Marine 47% 17 47 24 A 8% 8% 58% - 18% Oct - 43 47 24 ' 24% i.100 Bros Manhattan 24 % Aug 12 43 *11 " 48% *46% 19% 19% *92 94 8% . 7% Jun Nov 43 19% ♦92 :: '-8% Co .11'/a 11% RR Co. 50 A; *475 490 Sugar. Cp—.—l—---—-n-1 " : >7%' .7% 29 13 19 94 < 8% Mahoning Coal ,Manati Corp Midland % Mar 18 19% Apr 95% Jan 42% 19 ♦92 10% 10% Feb 85% *18% • * *13% 39% Jun 11% 42% .10 (The)--.--,-1 Apr Dec 42% . Jan 41 42% 43% No par 19% 42% 42% -.<*42 *135 Garden Square Copper 69% July Nov 23% Magma 22% 23% Mar 24 Madison 6 Feb 29 48% 233A 10 Dec 112 *46% 24% 5 Nov Apr 48% •24 No par 9% 110 *46% 24% 8% Inc 11% Dec 48% *24 Macy (R H) -Co Inc com 4%% pfd series A. <447% Dec ♦46% < preferred ■ _J_. 6% 26 Dec 8% 11% ft 8% Oct May 17% 33 11% 10 Marathon 45 11% 58% com 29 176 11 fsyi\ Forbes 24 Feb 11 24% Working Co & 10% Apr Nov 11 Saturday 24% Oct 29% May 2714 *10% : 10 35% Mar 1,300 11 7 13 Dec xl65 21% *10% t)TO<JK 6'A Feb 92% • 21% 11 " 17.% Jun 8 *21% *10% 10 Jun Dec 900 21% ■' __100 14% Feb . 3% 8% com 25 % May 22 % 61,100 7% 7% 8 21% 5 8 3/0 Shjrt Maracaibo Oil;Exploration— Feb 7% 7% *24% Co Jan 18% Mar 3,200 21% Par 9% Aug 30 18 57% 8% series Ai___ Steel Jun 14 56% ""33/4 _„_50 13% Mar 25 57'A 33A 1 26 7 57 r. 21% 100 Dec 15% Jun 57 3% No par Dec 7 15% 57 22 19%. Jan 500 57% ,57% 58% Nashville MacAndrews 15% Jan 15% 57% 21% 7% preferred ;_ioo Louisville Gas & Elec Co (Ky) No par 27 33% Jan 24% May 21 Dec 57 % 3% Lone 37 % Oct 14 Feb 57% 270 3,900 • 21% Star Cement Corp No par Long Bell Lumber (Md) A__No par Lorillard (P) Co common.. .'lO 30 22 Dec 3,100 ' 31% Apr 9% Jun Nov 59% 7% No par M & M Wood 27% Jun 10 41 59% 24% EXCHANGE Jun 94% xl6% 40% 59% *3% --No par No par ; NEW 39% May 103% Jun 27% 41 59% 8% $ per share 139 95% 40 3% 59% 5 Inc 27 10 95% 41 59% 58'A Lockheed Aircraft Corp 14% Oct Jan 953A 953A 40% 59% 7% No par Coj 6 131 96 4,200 3% 100 m 40 96 100 29% >24% Corp Co^ 9% Jun x35y4 Dec 29% 7% 5 Liquid Carbonic Corp com 3%% conv preferred 'Highest $ per share 29% I STOCKS Lowest 29% ■; com Lily Tulip Cup -Corp... Lima-Hamilton Range Since Jan. I • Highest 29 7 preferred Range for Previous Lowest 28% i?~ 13 19 Nov 55 Vi Mar 73 •*3% . 186 *71 73 28% No par Libbey Owens Ford Glass Libby McNeill & Libby Life Savers Corp l.__ *71 7% No par 44% Jan . 3% 5 Jun *71 V 7% l Corp 73 96 16% 50c 15% 3% non-cum Lehn & Fink Products Lerner Stores Corp *14% .41% 2% Lehman 15% 59% 3% 12 *14% 40% 2% 13 140 141/4 14% 14% 95% 33/4 8 % Jan 102% 59% 3% 521/b Oct 102% 41 2% 11% May 16 26% Sep 28 102 3A 40% 3% 15 6,100 1023% 73 103 59% '? 95% 2% 21 24% 59% 1st preferred_.No par non-cum 2nd pfd No par $3 24% 40% 1 Jun Oct 96 ■■'.*14 *71 par Apr 157 28% 95 % 24% 21% 25 No com 8% Feb 91 29% ' Lehigh Valley RR Valley Coal Lehigh 56y2 Mar ^29 3,200 24% 243A ,103 3% 100 X41% Jun 27 29% 2,900 15% 49 21% __10 May May 8% Mar 30 73 7% 3 com &'Navigation Co Portland *71 28,100 46% -15% >3% 1 cumulative preferred Coal 73 49% 46% 15% 24% 105 49'% ; 15 - ■21% 50 (James) ,& Sons Co 3.85% Lehigh 14% •- No par & *14 49 46%:' 46% - : 24% ♦103 141/4 15 15 57% pfd__75 Pesos Mex common Bryant 104 45% Shares 40% 4 Co 104 483% 45% 14% , tor the Week r$ per share . 59% » i (The)_; ■' 24% ; 24% 47% ,46% . 14% 24% 95% % , No par —No par Light Consolid 45% Sales Friday Oct. 28 „ $ per share $ per share ■//;. 48 47% : • 46% 29% 100 (S S) Co (S H) & Co Kroger Co (The) 47% Oct. 27 ,Oct. 20 $ per share 15 y8 15 105 *71 s 1.10 Kress 10% 82 8% 1 Kresge La >.*102% > 14' No par Dec 31% Mar 33 100 $5 prior preferred Nov 43% 15 24% 4% % preferred Lane-Wells Co Oct 20 15 Kinney 47 26% Jan 6% Jun 8% 47% "40% com—No par Corp Lambert 16% Jun 39 47% 46% 15% Thursday Wednesday Oct. 25 ; $per share 15% 2nd preferred conv 22% May 6 11% Sep 14 90 % Jan 3» 4% 26 42% Aug 17 59% Oct 20 Jun 13 y4 41% \tV Jan 43 7 Kimberly-Clark ' 22 31% Jan May 26% May 99 A 4% Mar 1% i 10 Dec 17 24 Sep 98 16 45 y2 20 Oct xl4% Sep 14 Mar 18 62 Oct 104 47 % 19. PRICES SALE Tuesday Oct. 24 No par Co Av HIGH AND LOW Monday 0ctt 22 *46% 5 (1711) RECORD S per share \y No par County Land Co Keystone Steel & Wire CHRONICLE "• Saturday A;, .v;; A : >, Kennecott Copper y8 127/8 40 STOCK 1 AA/vAA 'VPar 42% FINANCIAL " - v;:vA,■ EXCHANGE 4 & *19 Co 5 Edison preferred 3.90% pfd.100 series 100 Copper Middle 3% South Utilities Steel 36% Prod new No par 5 -17 24 130 17 ' 19 36% 36% 16% 24 11% • o-:-46% 16% 17 $4 conv & Regul pfd Mfg common Minneapolis-Moline Co 1st $1.50 2nd . 58. *96 i No par *89% *104% common preferred.. conv 100 No par preferred $5.50 3 com series A preferred 1 46 S/8 47 Ve 467a 47 16% 16% 163/4 17 ' 16 3/4 233/4 t 233A 95/8 93/8 58 % 58 97 97% 98 89% 47 9% 58 •104% 46% 9% 58 90 46% *12% 97 4 105% 12% 11% 9JA Min 12 'A > 11% 9% 3.20% 12% 12% 11% *9% Minn 12 12% 1283/4 9% Minn-Honeywell 106s/8 12 13 f 13 12% 74 'A 74% 74% 25 *19% 74% 19% 19% 19% *97 98 89% •*89% 893A 10578 60 % 60 98 3'4 98 90 105 3/b 106 88 167B - 24% 106y2 4,100 6,400 15,100 " 25 3,100 40 129 % 129% 12% 11% ny2 700 9% 9% 93/4 2,300 130 61 % 60% *97 98 Va 17 650 .... 89 - ' 88 Vb 106% *106% 62 y2 4.900 230 98 88% 2,200 70 107 13% 13% 14 14% 145/8 14% 145/b 28,100 *74% 75% •74% 75 74% 75% 753A 753A 320 * 20 20 20 % 217a 21 21% 13 13 ,100 .? 59 .5878 *104% 90 1053/8 240 1013/e 106s/8 237a 9% 1,100 101 106 34 1293/4 No par Marie 37% 101% 23% Minn 1,000 106 3/4 1293A *11% 36% 37 — 120 19'A 101 24 11% 19% 106% 130 •*11% SS 363A 20% A 96% 115% 101% 23% 11% *114 101% •128% 11% & 37 *19% 24 No par P *36% *94 % 96% 115 130 preferred Minneap & St Louis Ry St 19% 114 ♦106% 107 12 114% 19% 101% 106 3A .46% • 114% 363/8 101% 107 46% *128% ? 19 101 % U3A / 24 130 1st ♦1063/4 11% 47 100 Inc com 36 107% 11% 20% *94 % 113 3/4 101 101% *106 *46% .'96% 113% *19 *100% .10 Petroleum ♦94% 113% *94% 20% *36 96% 113 96% 114 5 Mid-Continent Midland *94% 193/0 ' - 20 ' 1,200 THE (1712) COMMERCIAL Year1848 Lowest F,v Range , NEW YORK LOW STOCK Feb 4 73% 8 per share Par Feb 13 % 38% Jun 54% Jan 8 Mission Corp 13 10% Oct 20 Mission Development Co 13 9% July Jan 25 Jun ft 3ft Jan Jun 9 Jun 13 12 Oct 21% Jan 4 *33 % Deo 44 9 Feb 15% 22% Dee 29% July •1% May 46% Not July 10% 47% Mar 66 Aug 17 Aug 16 103% Jun 16 111% Jan 47% Jun May 10% Jan 8 16% Jun 29 Jan 13 6 Moore-McCorraack 7 Morrell Jan Motorola 6 25% Oct 15 Jan 29% May 16% Jun 6 25 V* Jan 7 Motor 23 15 % Jun 14 19% Mar 80 Motor Wheel 14 Jun 15% Deo 24 Jun 11% Jun l 17% Jan 8 Mueller 12% Not 16% Oct *9 % Jun 13 14% Jan 7 9% Sep 21 10 Dec 33% Feb 46 May 38% Feb 17 Jan 112 Jun 108% Oct 19 12% Sep 17 Jan 10 34 Dec 48 Jun 30% Mar 22 39 Oct 66% Jan 41 ftl Jan 8 60 Dee Oct July 7 26 11 <or 1 27 FFvF 50% :'*■ 9% 4 4% 4 19% 19% 4% *4% *11% 23% 23% 23% % 1 !3% 13% 51% 52% 30 $ per share »■ 4% 4 19% *23% 1 24% 9,800 20 9,300 4% 4% 4% 4% 4% 30% 30% 31 30 % 30% 12 11% 12 11% 12 24% 24% 24% 24% 24% V 11% 12 8,100 4% 19% ;• 6.300 10 4% 20% Shares ; 51% 30% 30% 11% f 20 19% 4% *30 4% 4% 19% 4% 11% 30 4 19% 4% 11% 111% *23% 4% 3,300 1,200 2,900 v: "v B *11% 51% 51% 51% *106% 108% >106% 108%; >107 108% 111% *110% 111% >110% 111% >110% 111% •111% 111% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 52 52% 52% 53 23,100 12% 13 14,700 111 12 No par *17% 18% 24% No par 23 % 19 19 B 400 52% 108% 52 *106% 52% 52% > 53 52% •107 800 52% 108% ■ 400 -V ' No par Corp Corp 4% v.:; 30% *110% Co 19% 11 No par Co__ 8 Inc Brass 19% . 52% 1,900 51% 52% 52 52% 52% 53% 11% 11% 12 i2y. 12 13 Va 18 18% 18 18% 17% 18 24 24% 24% 24% 24% 24% 23% 24% 23 Va 23 Va 23% 23% 23% 23% 23% 2.000 19% 16 72 19 % 19 19% 19 11% 18% 24% 24'/a 24% 23% 23 23% 19% lj'Va 19% ;• > ■ ; 17% *17% 1,000 19% 1.500 1 14 14 14% 14% 14 Va 14% 14 Va 14% 14% 14 Va 14% 14% 2,400 1 11 11% 11 11 Va 10% 11 10% 11 Va 11 11% 11 Ve 11 Va 5,100 Myers (F E) B *9% 9% 1 47% *108% 9% 47% 10ft 109% 10 13 13 ♦37 38 •37 •47 49% *9% 48 •47 50 9% 9% 9% 48 % >-* O 00 vU 48% 109 Va 10 48% 103 % 48% a 109 Va 10 48 Va 900 48% 109 2,400 30 103 13 Ve 14 14% 14% 15'A 15 15% 40.100 33 38 *37 38% *38% 39 37% 38% 500 •47 50 *47 50 *47 50 F 38 i 48 109% 109% 13 Ve 9% 10 48 109% 13 BO No par & Bros 9% 48 •108% • 14 Va "*47 49 >FF 'C?' N 14% Mar 20 21% 8% Jun 13 28 Jan 21 Nashville Chatt & St Louis 17% Jun 14 11 National Co Jan 3 23% Apr 9% Apr 9 Ye Jun 13 16% Oct 27 17% Mar Mar 22 10% Jun 13 13% Apr National Aviation Corp 46 9% Not 29 Sep Jan 10% May 18% July Feb 14 82% Dec 4% Sep ; 10% Jun 29 Feb 18 jtta 28 : Jun 14 41 Aug 28 National Battery Co 30% Jan 3 37 Oct National Biscuit 5 July 2d% Feb 32% Oct 162% Oct 176% Jun 5% Not 32% 18% Jan 170% Mar 1ft 9% May 4% Jun 48 Feb 9% Deo 9% May 13% Jan 5 Jun 13 14% Aug 9% Jun 13 10% Mar 24% Mar 82 14% Jun 307ia Jun? 5% Jun 21 National 4 28 35% Aug ft 13 1% Ino Co Corp National Container Cylinder Jun 27% Feb 10 36% Oct 14 National Dairy 13% Feb 14 17% Aug 18 National Department Stores 17% Jun 13 21% Oct 6 National Distillers 12% Deo 14% Deo 7% Jun 13 23 16 14% Feb Sep 20% Jun 85 Oct xll% Jun 96% May 162 Oct 177 Jun 130 Not 147% Apr 135 Jun 6% Deo 7% Feb 16% Feb 24% Jun A °co 18 Jun Jan 21% Feb 28 15% Feb 11 25% Aug 19 19% May 16 Jan x80% Jun 4 S per share 9% Jun 7 13 12 % Apr 20 12% Oct 27 Natl $ per share X 13% Mar 30 Nehl 14% Mar 17 Neisner Jan xl01% Jan 12 May 12% 29 Jan jan 99 12% Deo 3 not f , 42 90% }■■ 70 65 Jun 27 62 T Oct 10 30 72% Jan 27 35 > 24 % Jun 14 Apr 12 33% Jan 12 New York Air 9% Jun 13 13% Jan New York • • • 144 July July 56 Jun 117% Jun 86" ft 140 13 Oct 13 Jan 21 Jun 20 14% Jan t 20% Jun 0 27% Oct 21 Jim 48 Feb 14 60 Va Oct Mar 225 Feb 10 5% Jun 13 6% 21 256 Jan 6% Mar 20% Feb 10 Jun 61 Jan Apr 27 14% Jun Jun Not 39% July 21 86 91% Jan Feb 4 19% Oct jun Mar Y Jan 88 Deo preferred series A Deo 23 66 Feb 25 Aug 28 99% Sep 19% Apr 20 52 12 86 Jan 3 16% May 4 6% Jun 16 21% Jun 6 7 Oct 6 94 Aug 26 23 "• Oct 82 % Mar N non-cum Y & preferred Harlem RR Preferred 5% & series 3 Noma 28 ' Jan Mar 24 Nopco 47% Sep 59% Jan 10 7 28 % Jan 20 3 8 Ve Jun 14 20% July 19 11% Jan 7 26 Jun Mar 21 5 75% July 22 25% Feb 36% jun 31 16% Jan Deo 14 27% 11% Jun 05 , Feb 8% Feb 28 78 Aug 90 Oct 103% 109% ' 8% Not 16 Not 33% Jan 3% Deo 10% Mar Mar 84 Apr American 19 Northern Central Natural Pacific 17% Mar 7 Jun 27% May 13% Jun 14 40% Apr 32 7% , 12 ft May Jun 11% Mar 25 20% Oct 15 17% 17% 17% 18 17% 17% 90% 90% 90% 90% 90% 90% 140 32% 32% 34% 5,900 32% 32% *179 180 ♦147 147% 179 ♦147 % 24 24% 85 84% 84% 24% 24% 17 16 J. % F % % % % 10,500 24% 24% 24 24 % 24% 24% 1,400 85% 85% 85% 85% 85% 85% 85% 24% •24 24% 24% 25% 25 25% 25% 25'A 16% 16 16% 16% 16% 16% 17% 16% 17 80% 80% 80% 81% 81% ♦80% 81% 81% 81% 33% 34 % 34% 33% 34 34 34 11% 11 11 11% 11% Xl0% 10% 800 12% 12% 12% 12 12% 12% 12% 12% 12% 18,000 SALE PRICES 14% Oct 7 *10 V." lOVe 10% *10 Ve 13% 13% 13% 14 •13% 103 *102% 38% 38% •102 102% 102% •102 103 *102 Va 38 37% 38 38 38% ♦102 103 103 10 *97 99 59% :F :F':. ;; : Tire 38% 102% *102 10 10 10 •97 99 •97 ' 10 10 99 F *97 & Rubber. Pharmacal Co 10 14 Shares 10 Vs 14 14 ♦102% 38 •102'A 10 Ve 10 99 *97 1,300 600 104 38 1,700 ,■ ' F" 103% 10 Va 59% ' 11 11% 66% 60% 60% 61% 62 11% 61% 11% 61 62 5,500 10% 11'A 6,700 11% 11 11% *66% 67% 67% 68 30% 30% 30 Ve 31% 30 Ve 30% 28% 30% 27% 66% 30% 28 28 28 28 27% 27% 900 24,500 30% •27% 28'A 10% 10% 82% "V 10% F 82% •133% 134 s 10% 82% 134% 12% ♦12% 40 8,700 99 ! 59% 10% $ per share 103% 103 for the Week 10% 10'A 10'A Sales Oct. 28 $ per share t per share per share 2,000 Friday Oct. 27 Oct. 26 10% '10 . :i'$ Thursday Wednesday 14 F *13% F *102 r 30 Va 134 ♦27% •67 69 ♦67 69 10% 10% 10 % 10% 10% 10% 10'A 82% 83 84 84 85 83 Va 85 135 13 ; v 7,600 10% 82 60 v; 135 l2% 134 12% •12% 134% 134 > 13 *127/8 134% 133 % 13% 3,400 133'A 127/e 13 1,000 FF 2,300 ' 28 6% ' 6% 27% •25 28 F : *25 27% •25 27 27% 27 26 F'F 26 62 6s/'e *55 62 *55 62 *59 65 55 *230 235 *220 235 ♦220 235 *220 235 6% 6% 6% ■i 6% 6% , VD 6% 7 ;F: 6% ■■ 28 28% 28 Va 28% 28 Va 29 28% 29 97 97 97 97 97% 97% 97% 97% 18 18 18% 18% 18% •18% 18% 18'A 18% 50% 49% 50 50 50% 49% *92% •22% 23 % 50 Ve 50% 50% 93% 92% 92% *92% 93% •92% 22% 22% 22% 22% 22% 22% ♦9% . 9V2 9% 9% 9% 9% 26% 26% 26% *26% 48% 48% 48% ' 27% 17% •27 17% 10% •79 - •26% 26% 48% •27 22% 10 ♦26 48% 27% •27 48% 49 ; •27 27% 9V» 9% 26% 26% 48% 49% 17% 17% 17% 17% 17% 10% 10% 10% 10% 10% 10% 10% •78% 80 78 Va 78% 78% 34% 34% 35% 35 35% 35 35% 34% 35 Va 17% 17 17'A 17 Ve 17% 17% 17% 17% , 10% 10% 10% 10% 90% 107% 107% 11% 11% 1174 , 19% 19% ♦33% No par 19% 34 ♦2%v 2.B# 10% 90% 107% 11% :« 90% 107% 10 10% 17% •90 • 17% 78% 34% • ♦27 27% 17% 80 •13 •33% 2% *2% 13% 13 10% 90% 107% 11% 20% •33% 2% 90 *107% 12 19% 19'/a 34 10% 90% 107% • 2" F: 11% :. 34 20 *33% 10% 90 Va 108'A 12 20% 34 v 10% •90 108'A 11% 20% •33 Va 10% *78% F-: 27% F ; 9,100 -"F ' ; 17% 10% 800 4,300 •800 25,000 /,:• 80 16,300 100 F 35 5,500 17% ? 35% 17% 14,800 10% 27,100 90% 90% 90% 108'A 108% 108% F :; 2,080 FF"F;: 350 12 '-FFa 10% v. 11% 20% F 11% 19,400 F 19% 20 Ve 33% 33% 50 2% 34 2% 3.400 13% 700 9.200 * a 2% 2% 2% 2% 2% 12% 13 Va 3,800 (is- 20 v . 49% •27 27% 17% •78% 240 1,800 9% 49% 49 Ve 7,800 18% 26% 10%: 80 17% 29% 97% 9% . 17% ■ *97 26% 9% 27 28% 17 No par 5,800 93% 23 50 •92 - k 50% 93% - 22% .10 i" i'. '- 7 28% 18 > 200 64 235 98% ♦97 BO iNorwalk HIGH Oct. 25 93% 21 Norwich AND Tuesday 28'A 82% No par No par Telegraph 170 34 ?<;• 10% 30'A F 100 _ 1,400 10% $ per share 67% 10% Co 1,300 17,900 34 V* Pwr Co (Minn)— preferred preferred ' 2 % % 24% *27% Co_ GaB 2,200 ' .10 Ry 1,500 18% 85 Oct. 24 59% 11% 110 7% 18% •24 ; Monday 99 11% 147 7% 18 • 11% 102 10 147 7% 250 34% 10% 38 147% 7% 33% ♦10% 11% 103 179 18 18 18 179 147% 147% 7% F 7% 147% 7% 18 34 180 20,400 *80% 80% 14 33% >179% 33% 180 >179 147% 7% 17% 23% 33% :e 179 7% *66% .31 Ry 1.800 17% 50'A —2B 9 90% ♦22 Northwestern « 11 8% F 9 ♦92 Northwest Airlines Inc common 4.6% preferred 27 Jail 4% Jan IO 1% May 21 14% Jun Oct 8% 17% *59 4 Common $4.80 21,500 8% 90% 10 Aviation Northern 13.60 21% £ Jo Co Northern 11 ; Sep 26 94% Aug 11 1«9% Mar 22 29 107% Sep Dec 21% 8% 17% 102 1 preferred Northern States 21% 1,500 17% ♦97 1 Western Ry com 18 11 21% 8% 7% ♦37% 2B 18% Oct ' 21% mo 36% Mar 17 13 Jun 21% 8% 17% *102 100 Corp Chemical Co North 4,700 90% ♦13% pfd_100 Industries American .9,300 16% ; 17 *10 RR Co.lOO preferred Adjustment 36% 15% 8% ♦55 Electric North 35% 15% 21% Elec & Gas Corp— Norfolk & 36 15% 21% •230 Common 35% 15% 21% 63 State 35% F 21% 235 Shipbldg Corp partlc stock Y 11 15% ♦56 N Y 5,100 6,400 7% 35% •230 A 8% 7% \.;8% 10% 15% ' ... 7% 10% 35% . 8% 7% 15% , 8% 10% 7% 35% B0 Light 3.90% 8% 7% 15% No par Co & Hart 8% 7%: . 35% t per share .100 common 8% 7% 11 147% *24 14 15% Jan 93 7%: 11 33% •12% Noblitt-Sparks 17% Jun 13% May Jan 8% .8% 7% No par $3 75 27 62% Not 28% Jan 14% Mar 8 Jun 17% July 36% Jan Deo 3,800 17% No par N Y Power 15% Feb 28% Jim 13% 11,200 90% •80% com~.100 N >1 6% 32% *7% York N Y New Haven 48 % Sep 20 6% 32% 11% Saturday No par 60 6% 16% No par 100 32% 24% < > 8,600 179% 6% ,7. 1 179% 32% 23% 1 181 16% v *64 % Par •179% 2,900 37 6% 17% '< 181 ,36% 32% 180% City Omnibus Corp $5 9 *179% * common.No par Louis Co Dock 179% LOW Brake 9% Jan 21 33% Jan 21 14 96 14% 250 N New 36% 92 11% Newport News Ship & Dry Dock_l N Y Chic & St 36% 6% 9% i' 23% Mar 49% 200 '• •• 92 11% Mar 20 ; 36% 11 Oct. Z'i Central 7 36 % 32% *8% ; 147% F 100 18% July 36% 6% 7% 11 Eiec System Deo 36% 39% 32% 21% 333 Jersey Pr & Lt Co 45fc pfd—10© Newmont Mining Corp 10 Newport Industries common 1 4%% preferred 100 Not Feb 8% 34% preferred England 13 *39 ; 6 15% STOCK J) 13 39% 15% 32 34% •179 New 27 13% Jan Apr (J 16% 13% 39% 290 6% 15% 16% lb 13% 39% 17,500 32% 34 Ve *90% 100 14 Feb 8% ♦34 common 23% Jun 39 6% : 16% 13% *39% f 179 32 7% *10% preferred 3%% New Inc 34% Oct -U 43% Jun 121 6% > 16 13% 39% F *39 36% 36% 32% 15% 13% 179% 40 179 7% 15% 15% 13 " Nop*. Bros Newberry Co 10% Sep 16 99% July 29 14 25 27 102% Oct Mar 21 9% Feb Jun YORK Corp 4%% 4 38% Oct 3 8% Jan 94 .. 103% Aug Mar 28 93% Jan Aug 84 .July 26% May Feb 36% 181 1 Co V 3 8 Not 90% Mar Fibre 8 per share 10 38 11,100 7% 7% 16 13% 15% 12% *39 10% EXCHANGE 9% Jaa 98% 2,600 10% No par Co NEW Highest 12% Jun Feb 7% •7% STOCKS Range Since Jan. 1 Lowest Jan 36 7% No par Vulcanized Natomas May *27% Mar ex-dlst Shares Corp No par National Steel Corp 2B National Sugar Ref Co No par National Supply (The) Pa com lo 4%% preferred 100 National Tea Co 10 24 35% Oct 20 Jan ?' 10 common Service Corp 1 Steel Cast-No par & 7% 21% No par National 19 104 12% 24 i 19% i Feb 31 4 Oct 86 13 9% Jun $ per share 9 Not 12% not H Jan 91% Jan 15 21% Jan Highest Feb Lt 24% 13 X% Range for Previous Year 1948 Lowest »; 20% Power 15 21 94 10% Deo 9% Not 8' Natl Jun 19% Jan 7% 15% & 73% Jun 80% May 16% May 12% Jan Not 100 Malleable 1,500 7% 34% : _B 100 Natl 22% 11% preferred B National Linen 27% 7% 100 15 14% 27% 22% 8% No pat Prod Co 21 Oct F Lead 14% 23 •10% preferred A 6% 7% Oct Jan 28% 16% Not 80% Not 1% 15 27% 22% 6% No par 19% Jan 13 26% July Not National 28 May 114% Products $4.50 preferred Sep 15 Aug 19 26 19% Not 21 183" 149 4 5% Mar 10 14 ift 14% 27% 22% is % •32 Nat Enameling & Stamplng_..12JB National Gypsum Co com I 27 34% Oct 1 81% Mar 20 Jan Oct Feh 14 86% May 13 25% Apr 14 169% Jan 4 38 14% 27% 22 1 Co May 22% May 29% Jan 14% 27 22% 1 Co__ Gas 14% 27% *22 13% 35 ; 10 14% *26 % •22% 7% 40 •179 No par 1 17% Not Deo 15% - 14% 26% 22% 7% 13% 10 common 14% F 26% 7 3/. •39 100 National 11 1 4 RegisterNational City Lines lne 8% Aug 19 9% Jan 8 » 0 ^ 14% 26% 22% ' *21% 1 preferred Can *26 1 Automotive Pibres National •'14% § 100 National Cash 5 12 i, Jan Corp Acme National Airlines 4 185% Sep 15 7% Mar 29 13 Deo 6 Nash-Kelvlnator 7 12% 12% 12% •12% 13 »A 13 O 30% Deo 92% Jan 26% Peb 16% Apr Feb 22% 92 Mar 6% 88 20 27 Deo Deo Jan Jan 4'% For Jun 27% Jan 3 3 103 jun 99% Jan 43 Jun 33 May 18 106% Sep 26 18% Jan 86% July 20 X100% July jan 23 14 79% July 13 18% Aug 22 jun 37% Jun 91% July 20 6% Feb 11 12% Apr 100 , ' ' I 30% 100 •104% 105% •104% 31% 31% 31 19% Mar 30% 7 Oklahoma Gas & Elec 4% pfd 20 Oliver Corp common.. No pax 4%% convertible preferred 100 Omnibus Corp (The) eommon—i .0 •18% 18% 18 Ve ■18% 31% Jan 9° 7 27 91% Oct 7 35% Oct 20 28 . . 11% Jun Deo 1 89 16% Jan Fen 7 ■*0 Dee 64% July 71% Jan footnotes sec ting* 24 Jan 3 27 22% Jan 148 .49% 4.40 a 7 tJan 9% Oct jan 15 common No par Jun 13 Co Ohio jan Jan Edison 7 23 Jun Ohio 33% Jan 23% May 31 17% Jan 8 104 144% Not 15% Not 80 34% 170 Sep 30 24 To»» 59% Oct 28 1 I 7,300 ♦23 11% *17% Co Murphy Co. (G C) common 4%% preferred Murray Corp of America com 4% preferred •! 15% Oct 14 Jun Jan 48% Oct j > 10% Mfg Corp Munslngwear Inc 11 14% 52 10% 108% Mulllns 107% 51% 10% 52% Products Deo Deo 51% 10 *106% Lines b 19 May 51% 10% 3 (John) 20% 21% $ per share 51% 10 N« par Montgomery Ward b Co 13% Apr 23 tper share 51% 10 V* 4% 23% com___—ft Co the Week 51% *30 V No par $4 conv pfd series B Montana-Dakota Utilities 69% Mar 29 13 17% May 27 Chemical ; ill „_1.26 $3.25 conv pid series A 13 13% Oct 4 Deo pfd_100 con Mills Monsanto 56 Not Carpet Sales for Oct. 28 10 4 ; $ per share Oct. 27 ; Oct. 26 , F Friday Thursday Wednesday ; 51% 1 100 Hosiery 24% May 16 112 Jan A Co Inc Monarch Machine Tool 4 10 Jan Mojud 14 20 11% Mohawk 45% Jan 10 series $ per share PRICES SALE V 10% 10% No par com Missouri Pacific RR 5% 20 101% Jun Oct preferred 25 Apr 112% RR HIGH Oct. 25 51% *51; ; • _ AND Monday, October 31, 1949 Tuesday „ Oct. U $ per share ..10 Mo-Kan-Texas 7% 5% Aug 16 May 122 Deo 7 Jan 15% Jun 14 3% Aug 16 34 99% Dee 106% Mar 6 25% Mar 30 Feb 9% 14 3% Jun Jun Monday Oct. tit 7% Jun 42% Saturday EXCHANGE Highest t per share $ per share j Since Jsa. I Lowest Highest t per share CHRONICLE STOCKS Range for PrnlMi - FINANCIAL & 8% Oil preferred Co convertible Oppenheim preferred Collins lo Otis Elevator common. 6% Outboard Marine & Mfg Outlet Co ctbtw rv» 30 Ve * • 25% "25% *88 *13% No par '*71% > •165% 2.B0 58% 31 Va 30% 31% 30% 31% 307/e 31 105 Va 105% 105'A 105 % 105% 106 30% 30% 30% 31% 31% 31% *18 Ve 18% 18% 18% *18 Va 18'A 105 257/e 26 V< 25% 26 93% 93% 93 8% 89' ♦20% 35% 30% 105 94% • 8% -No pat 31 105'A 8% .♦92% .100 preferred. viHnnl# A_100 ■ 31 1 . * 22 V 35%' 166% 14 i ; 76 1 58% 89 *20% r 35 Ve •166 14 •71% 58% F " 18 Va 22.900 500 31% 18% 15,600 . 600 : 89 Ve - ' 26% 27% 27 Va 27 % 26% 27 93 •92% 93% *92% 93% 92% 92% 8% 9 22 - 31 9 8% 9 9 Va 9'A 9 9% 5.700 89% 90 *90% 92 91% 91% 91 91% 300 *20% • 22 *20% 35% 35 Ve 35% 166 Va 166% 166% *166% 14 •13% 14% •13% Y> •71% 76 58% 59 58% ; * 35% 75 x59 Va 20% 35% 167 14% 75 59% *20% 35% 167 •*14 •73 58% 22 •20 78 "V \i 59 '•?" 35% 167% Xl4% 14% 60 22 35% 166 Va 35% 167 7,000 ■V; F 14% 76 59% 590 300 76 58% r 9.200 - 20 - '• 5,500 1 4 V" Volume ;170 Number 4551 THE COMMERCIAL NEW Range far Previous «-• Year 1948 * t Lowest •' t Highest t per share Feb Dec IS Sep 73 Feb 34% 29% NOV < * 51 43% May 21% Jun 15% Mar 8 Anr 29 36% 47% Mar 147 . 8% v Nov 14 3 34 Jun 6; 14 Feb 7 135 Jan Sep 54 13 Jan 6 34% July 20 9 22 Apr 2% Jun l 4% Jan 8 29% Jun 13 3% Jun 13 4% Jan 8 ; 3 10% Apr * Mar 66 Oct 100 6% Apr 4 103% Sep 147% Sep Feb , 21 89 11% May 21% Jun 13% Mar 92 24 30% Jan Jan 6% Dec 46 17 Feb , 62% May 5% May Dec 39% Nov 4 Aug 16 50 Nov 7 18 Jan , 18 104% 130 "Jan 10% Jan Apr 27% Jun Dec 14 71 40 55% July Dec 88 3% 1 Feb Jan 12 Jun 10 44 " Oct 22 Oct Oct - 8 49% Jan 5 May 95% Jun 23 102% Jan Jun 5% Jun 13 13 9 1 20 8% Apr 11% 67 Oct 25 27 16 18% Dec 28 May 15% Jun 97 Jan 105 Jun 102% Feb 8 104% Jan 7 18% Feb 26% May 18% Jun 14 24% Feb 3 17% Oct j 17 84% 2 iT Feb Mar Nov 30% 6% Mar 9 10 Feb r Feb 8% 49% Dec 15% Jun 10% Feb 27 Jan Dec Jan 21% Nov 34% May 3%: 41% \3% •: : * >100 ♦102% l When issued V *18% *45% 46 2% 3 2 9% Aug 30 30 July 19 26% Aug 3 7% Jan 7 Parke Davis & Co 14% Jan Patlno 18 Jan 8 4 15% Sep 6 19% Jan 10 27% Jan 31 33 % Oct 28 Parker Rust Parmelee A conv 54% Sep 16 7 %Jun 14 10% FeD 3 17% Feb 23% Jun 8 23% Oct 27 Penn-Dlxfe 6 29 27 Deo 20% July 16 % Dee 22% May 35% Dec 48 Apr 32 Feb 120 Apr 104 Jun 16% Jun 14 Oct Jun 16 29 26 13 Mar 28 111 Mar 20% Oct 1 28 •7% Jan 44 Oct 7 28 111% Aug 24 5% Ac Coke - Dec 45% Jan 29 Jan 3 36 86% Feb 99 Oct 96% Feb 9 120 9% ; Nov 7% NOV 20% May 24% Jan Dec t0% 22 98% Oct 7% May 31 8% Jan 21 May 104 Jan 102 3 Mar 11 Jan 9 14 May 16 *6% 100 RR series A 29% 101% 100% 141% 142% 141% 141% 270 33* 3% 3% 3% 5,100 "'V'"4' ♦141% 23% 3% 3V4 v 41% 8% Feb 17% Jun 9% Jun V 14% 44% Feb 20% May 64% July Jan 3 31% Aug 40% Jun 6 51% Jan 36% Jun 7 Dec 40% Feb 69 ; 48% . Dec 65 93 Dec 20% Dec 22 Nov 104 ; 24% *48% Mar 30 90% Mar 24 Jun 20% Jan 3 Sep 23 % Jun 8 25% Jan 91 July May 104% May 17 14 y8 lo 43% *108% 116% Jun 110% Apr Jun 98 Jan 7 Jun 109 Apr 8 Pfizer Phelps-Dodge Corp —29 Philadelphia Co 6% preferred 50 104% Oct 26 24 May 17 26% May 16 Sep (Chas) A Co Inc $6 preferred Phil a Electric Co 14 28 21% 87 Jan 82% V Nov 4 9 Va 9 9% 8 3/4 8% 15,400 21 21% 20% 21 % 2,400 63% 63% 67 64% 65% 64% 65% 64% 64% 100% 100 6% 6% 19 3 per share 7 18% 18% 18% 18% 18% 103% ♦102% 103% ♦102% 103% 21% 21% 21% 22% 21% 7 19% 18 % 18% ♦18% 19 % 18% 18% 45% 46 •44% 45% •44% 45% *44 % 2% 2% 2% 28% 28% 283/4 •25 Vz 26% 263/a 2 2% 28% 22% Jun 28 40% Jan 7 37% Jan 4 97% Jun 93% Jan 3 Oct 88 Jan 6 Sep 10% Feb 10 11 Dec 13% Jan 92% Aug Jan 77% 10 Deo 14% May Jun 80% July 11 87% Aug 18 51% Jun 14 7% Sep 8 88% Feb 50% Oct 8 11 102% Aug 24 ; 6% e% Oct 25 13% Oct 28 91 28 95 Oct 64 Apr 11 Mar 30 16 ' " 16% 331/4 7- 52% ,52% 52 7 7 ♦8% 9% 29 26% 7 10 7 6%: 1 16% 33 51% 23% : 8 % ♦28 r 33 14% 14% 14% 7 14 14% 43% 43Va 42% 43% •108% 110% '"•108% 110% 36 *35 V* 36 *35 • 36 . 12% 8% 8% 27 ♦26% ♦103 t- 77115 >11% 116% 12% 104% 12% 12% 29 28% 48% 12% 9 *26% •11 r7 27 7 28 ; 36 * : '' •35 24 •26% 27 3.00% •104% 105% *104% 12% 123/4 <12% 28 ; 28 48% 48% ;/ .49%) 44% 45% 45 56% 57 56% 7:104 104 103% •113% 114 237/a 101% •106% , 23% 23% •25 125% 114 113% 113% Phoenix *94 100 1O0 *11% •87 . No pa; Hosiery 61% g , •8 96% *94 61% 61% •8 9 i U Deo 34% Jan Jun 13 98% Apr 103% Jan 100% Jan 9 Jun 113 Sep 100% Jun 22 110 10% Deo 80 % 26 16% Dec 113% 57 93 138 25 v 1133/4 103% •113% 79 3 22 14% Mar 14 9 25% 1123% 40 Friday Sales for Oct. 27 $ ; ; 15 15% 303/4 29% 30% 81% 81% 82 81 81 80 V2 49% 50% 80% 48% 95 *94 95 49% 50% 100 f ^ 86 •84% 101% •100 96% •103 28% 105 13% 13% 13% 26 153% Oct 5 •153% 12 113/8 11% 11% 90 13% 90 90 91 91 613% 62% 13,500 7% 73/4 100 62 61% 62% 61% 62% 9 . July 156% Jun 28 170 89% 26 13 35% Oct 4 13 8% Jan 7 170 Dec 96 Oct Jan Dec X 82% May 26% Oct Feb Jan 161 July 7% Jun 135 Apr 65% Jun 14 7 21 15% Jan 175 88 Jan Jan 59% Sep 8 71% Jan 27 14% Jun 15 21% Jan 24 1 136 •7% 8% •7% 8% 31% 31% • ■ 61% ♦16 61% 17 11 60% Apr 18 Plymouth Oil Co_ 3 *44% 32 44% Sep 13 Pond Creek Pocahontas 3 ♦38% 39% 8% Jan 24 Pressed Steel Car Co Inc 32 Oct 21 57% Feb 26 79% Oct 18 Feb 28% May 14% Jun 14 22 94 Mar 22 Feb Oct Jan Apr 39% July 83 32% 38 Jan 3 46 % Oct 20 Dec 24% 20% Jan 3 25 30% May 63 i Feb S3 90% Mar 17 Sep 28 16 25% Jun 13 28% Aug Jan 30% Feb 25 24% Jun 14 37 Apr 30 33% Oct 27 108% t 2 May v. 42 V 28 26 Sep July 107 Jan 6 25% Jun 17 109 8 July 11 29% May 9 <fc Co class B Electric 4%% conv 84.75 Power 81.40 9% 45 7 *39% :-7 12 Co Inc of Gas (The) 7 716% 5 com com com i common 7 44% 24% No par No par 28% 32% joc *107% No par *27% 45; 39% 12 77 ; • " 390 *16% 17 •16% *11% 12 393/4 13% 13% 13 % 13% 7,900 15% 15% 15% 5,700 7 29% 75.% 76% 78% 78 15% 291/2 79% 15% ■ 6% 153/B 7 6 3/4 7 6% - 300 78% 79% 78 3/4 15,700 16% '■;•; 77 • v 15% 16 % 9,800 16%' 15% 16% 833/4 .83% 83% •83% 44% 443/, 443/4 45 45 % 45% 243/4 24% 24% 24% 24% 28% ' 28% 28% 34% 83% ■ 323/8 32% •197% 108 *107% 28% 32% 108 28% 28% 83 ■ 343/8 24% 32% 33% •107% 107% 108 ' 108 ' 28 23% 28 28% 28 28 28% 28% 19 19 19% 19 19 18% 18% ♦183/4 12% 13 712% 70% 70% 28% 83% 40 Va 24% 280 , 46%' ■■ 24 % 28% 34% 33% . ' 28% 33% 7 32% 33% 734 32 7,000 - 29% 83% 34 7 *28 4'15% 24% 800 29% •28 v 2434 40 393/4 13% 30 24% 4,600 39% 15% 7 100 12 46% 12% 6% ' 1,000 24 46 39% • 453/4 ■ ♦29% 16% *23% 24% 24% •11% 17% 139 ♦136 139 ♦136 12 7% 28% 108 '440 62 * - ' 72 61% 613% * 23% 15% 44% V. 145 *72% 46% 12% 84 4,500 •39% 39% 16 4,600 10% 46 45 39% 6,900 ' 7% ; 72% 61% 61% 139. 23% *11% 35% 10 ♦135 145 400 "50 164% .7 > 3,800 14 j 158 "35% 7% 10% •133 17% *136 12 45 44% 34% 32 V, 23% 15% - 35% 7% 72 30% ♦83% • 28 % 337/a Nopai .61 45% 12% 10% 72 *16% 140 J 23 % *11% 35% 700 2,100 28% *162% 10% 145 7 29% 16 84 24% *135% 23% 164 "* 74% 7T 16% ♦83% 20 No par preferred Purity Bakeries 74% *44% No par Colorado preference Inc Pure Oil 74% —No par 140 10 71% 17 •153 /- ; I 87 28 3% *133% 158 7% 15% 7% 30% El A conv 23% •16% 17 164 •130 V ♦162 ; 35% 10 y8 60% 14% ♦153 158 • 28% ' 14% 7% 72% 60 28% 35% "3 145 71% ♦11% ; 12 15% 7 Pullman 5% 12 ♦30 com preferred dlv 15% 10 ♦135% 24 1 Public Service Pub Serv Co 140 preferred series A—50 Industries cum 12 No par Procter A OsmW*.. Pubilcker •135 100 (The) Potomac 21 Jun Pittsburgh Young A Ash pfd Poor 11% May Nov •16% 45% 85% May 71% Jan •162 61% •60% 36% Feb Feb 163 12% X *85% *13% 20 100 ■;<•;/12% 87 900 > 31% I *94 12% *85% 87 ♦153 72 11% Nov 158 •130 145 72 14 31% 100 12% 28% *13% *153 9% •130 72 11% Nov Dec 9% 9% 145 *71 *23% 5% Feb 9% •130 15% Oct 14 7% 1 62% ♦13% 163 100 13% Oct ,27 •94 12%. 28 357/a 8 3 *85% 28% 7% Plough Inc 14 28 35% 4 Mar 87 ♦85% •12% 7% 17 8% Jun 12% 35% Oct 22% Mar 12 163 preferred class A 100 5%% 1st ser conv prior pfd—100 Pittsburgh A West Virginia 100 12% Apr 21 4% Jun 13 100 7% Feb Jun •94 35% Apr 16% May 14% July 100 7% 12 48 V 163 , 35% 29 Jan 104 7% 147 Dec 31% 104 35% 5% Pittston Co 31% . 104 lo 14 Aug 12 31% • No par No par 24 Feb 101% Pittsburgh Plate Glass Co Pittsburgh Screw A Bolt Pittsburgh Steel Co com 7% preferred class B 164 8% Feb 12% X25 •163 100 xl9% Jun 11% Feb 24 gtd preferred 46% July 12% July 29% 32% 7 May 18 1% 70% May > 6% May 31% 157% Jan 500 *11% ♦87 *8 13% Jan Pittsburgh Forgings Co l Pitts Ft Wayne A Chic Ry coin—100 158 200 11% 28% *153% 80 14,500 101 «/2 •94 6,000 7 90 61% 86% 28% 142 49% •100 96% 3,900 • •11% 12% •84% 6% Jun 25 12% 12% Shares 14% '/. 15 30% •94 *28% 28% Jun X25% 12% 300 the Week per share 15% 100 1 Jan 81 Pitts Coke A Chem Co com—No pbx 85 convertible preferred No par ♦94 100 • Oct, 28 $ per share 30% 104 Pitts Consolidation Coal Co Jun 33 *94 100 W 310 102%108 14% 100 31% 7 Apr 113%" 101% ' Pitts C C A St Louis RR 210 v: 200 - 107 30% 104% 7 Feb Jun Dec •104 Jan 10 26 VA 31% . 16% Jan 32 20 145 " 25% 8,000 30% 99% V:; 7 Feb 15 31% 104% 1,070 24 14% 49% 6i%;: 15 169 Dec Feb *31% *103% No pax 24,200 •87 ' 13 Nov 70% - 25 common preferred 3,300 ' > 104 233% - Thursday Oct. 26 S per share 48% Jun 7% 73% 84 50 % ; 81% 10% Jun 10% 140 PHlsbury Mills Inc ; PRICES Wednesday *09%. 70 3,700 4,900 30 49 V 13% r 28% ' 14% 83 24% Jun Jun 155 Feb 30 Jan 4 104 % * ' *103 ^ 24-7 ; 25 300 ... 45%'- t $ per share ; 36,800 57% " - SALE 300 26% c 45% 102s/« HIGH 5,100 '' i -50 1133/4 AND f 13 108% 36% July Feb Dec 157 July 11 32% Aug 26 105% Apr 100% Jun 30 9% ""56% : ♦1013/s 23% Mar 12% Jun 26 1,200 28. : ;•:: so 29,000 7 36 Y>■ 9 ■r 104% 13% *107 11% 21,800 44 26% 102% 90 •87 . V : 108% 96% 11% 11% 90 100 -- -r 116% 117% ^ '■^-11'- * 11 •101% 30% No par : :. •107 99% 100 6,100 : • 110% *35''/ / ' 102% 14% 48% ' 45% '23% > 25% Oct. 25 •99% 36 108 $ per share 49 > 14% 43% ■749% ; 103% 24 •25 Tuesday 99% 14% *101% Oct. 24 ♦81% - • ,49 1043/i 23% 25% Monday 83 / 20% ♦109 •106% 30% 32 111 20 101% 30 < 23% ' ': • ♦108% 108 30 » 6,000 9 . . 23%' *30 28% 49- 14% 49 9 t 105% - 28 ■ 58 14% •99% •>: *. - 523/4...: ■ 29 44% 14% •81% 7 26% 57 3 preferred 9 26% ■ v Phillips Jones Corp com •» preferred Phillips Petroleum '-•52% 9% 77-744 23% • per share AGO -500 12 . 57% 1 preferred 700 -i- 9% r 43% *25 ■ 500 .... 117 '■',>12 93/3 48% 105 7 63/4 ' 163/4 33% 43% 116 ;> 11% ; 57% •103% 600 1,200 16%- 111 7t 48% 103% 800 10% 33% 14% 43% 43% v;:r 58 4,700 7% 7**6 % — 29 7 110% 116 </ 8% 7 -7104% 105% I' 12% 12% . 28% 26% ' ' 23% 14% 43% 110 115% 12% 8% 29% • 115% 7 -7 43% 2,400 , ♦35 115% r 27 • LOW preferred series A 100 Philip Morris A Co Ltd common 5 " 233/4 (29 14% 110 500 200 2% 52% *8% ? 233/4 29 19 10% 16% 24,900 45% - 7 6% > V 33 152% 9 % » 7 > i 16% : 52% 23% 7: 29 » '* 7% 10% 63/4 16% 33 j; 7% 10 52% ;%■ 9%? 7 v.i 7.';? 10 7 6% 6% 23 % ♦28 7 % 33% *8% VV 29 -j 26% *7 16% 716%.;4 23% 23% 2 28% 10 *33 2 ; 7% 6% 16% Oct. Z'i 3%% 4% 2 1,700 22 18% 46 v •32% t 25 V* 8,000 18 3/g •102% 14% ; 104% 280 187/8 28% 1 7,100 6% 103 % 21% Saturday Phila A Reading Coal A Iron Phllco Corp common 6% 21% 101% 19% Jan ey« ♦18% 26% 108 28 6% 101 *102% 43% ♦101% 11% Jun 6% *100 21% 2 111 •106% Par 101 20 loo tper share 6% 6% 3% 111 100 STOCK 101 19% ioc YORK 101 3y» . ♦108% preferred EXCHANGE 101 3% 20 preferred NEW 100 3% ; 111 preferred. Highest 41 21% 3% ; 19% 4.3% •113% 41 9 T *108% 3.8% Nov 87% 64% 24 •25 No par 1,240 21 3% 19% 1 88% Sep 25% Mar 103% 2,400 9% 110% 4.4% 45% July 91 July 39% Dec Jan 61 58 2,000 29% 21% 19% 8 Aug 110% Sep Lowest I per share Jan com 42 *108% 43% 744 common—No par 42 19% 22 Range Since Jan. 1 Highest # per share ♦48 j No par $1 conv preference 42% 53 100% 9 STOCKS Year 1948 ■ 28% 19 Range for Previous Lowest *12% 21 Oct 104 103% HI 9 No par Co 22 117 Sep •io3' .100 53% Jan r : •26% —No paT 58 6 Jan 103% Brewing 41% 110% 8% ' 52% 29 21 12% pfeiffer 3-/8 41% 41:; 7:; 3% 3% *18% 116% 3 ,3% 19% 8% Co common 3 V4 • •108% •11% preferred Petroleum Corp of America— 142% 19% 116% Milk •141% 52% 52% 21 % *28 Peoria A Eastern By Co 4%% 51% ,9% ; 6% Pepsi-Cola Co. Pet 142% 10 20 28 Sep 14 106% Sep 28 13% Oct 28 12,200 110% 19% 100 com pfd 32% 29% 32% 103% 29 ♦108 No par 50 32% 100% 10% 9% 23% 33 ' 10 *8% *28 1.100 •• r 26 10 7 19% 21% 52% ; 19% 29 28% 52% No pax 40 20 ; . 101 26 16 % com *19% 28% 28 *7 11 12% Oct 12 Apr 32% 28% •35 13 32% 26% Peoples Drug Stores Inc Peoples Gas Light 6s Coke Sep 19'%; 101 : 38 19% *102% . 33% Light Co conv 20 ; 7% •16% Co Corp Pennsylvania Salt Mfg Co 3%% 10 19% ;• 7 •32% preferred Pennsylvania 35% 51% •18% t V 25 Corp. Cement Penn Power A *35 100% 6% 28% -No pax Penney (J C) CP Coal 35 10% 10 5 preferred Penn Gl»oS Sand Oct 35 7% ♦7'' No par 3 Penn 35 51% vMi *44% 2% 2G ♦25 5 common prior 28% 2.50 No par Penlck 6s Ford 42% Jan 106 Co Enterprises Peabody Coal Co 5% No par Proof Transportation Mines *34% 28% ■" 101% 142 •100 19% i 1 15 35 62% 21% i Jun 110 *34% * 7 -51% 3% 18% Park Utah Consolidated Mines 1,600 1 9 60 ~ 103% 21%. f 12% *8% •57 1,700 21,000 6% 18% 100 Inc 12% : 60 27% ;•■ ■'"'9 "• 100% No per com 9 57 ■ 6% 12 Ya *83/4 59 21% 9 62% .;62% • 8% - 32% "41% 21 9 12% 12% 8% 32% 3% 3% > < j 20% v ' Shares ♦57% " lc preferred Pictures 12% 8% ' 3% 41% 1 > the Week 59 ioi vv 141% ' Park A Tilford Inc 16% 103 Inc convertible 142 *141 * Sales for Oct. 28 t per share 7*57% " lot Friday Oct. m 52% 27% v 101 102 Thursday t per share 32% 51% 27% ♦ici Panhandle Bast Pipe L com_JNo par 4% preferred i©f» Panhandle Prod & Refining i Cos 32% 52% 27% lOf Packard Motor Car Nopai Pan American Airways Corp 2% Pan-American Petrol & Transp • 4* 32% *51% no pm Pacific Tin Consolidated Corp: Pacific Western Oil Corp__ Paramount ".:>■ 19% 20 17 Oct Jan Nopai preferred Paraffine 35 28 109% 112 6* •34% 2% Feb 23% Mar Jun 37 7 Lighting Corp__. 35V 20% 7 Oct. 26 t per share 12% : 12% 3% 58% 32% V • •57% 21 Pacific Telep A Teleg common • 9 *8% 58 *19% PRICES Wednesday' ... r *34 ' • 1Q SALE $ per share 12y8 "i2%": 9 ♦56% No pax Pacific Mills *8%. , 47% Oct x6 i Deo 38% 21% July 2nd preferred non-cum Pacmc Finance Cory of Calif Pacific Gas & Electric : Pacific • HIGH AND Tuesday ' t per share ■12% •12% i( No par 9 5% Aug 31 27 7 ft ; comraon_ non-cum 9 per share • Fisheries Inc preferred Monday Oct. 24Oct. 25 4 24% Jan Jun May 16% Jan Amer Par Saturday Oct. 22 Aug 37 3% May 33% Jan 24% 1 Dec 20 •' V ;vv >:• Pacific Coast Co 1st * (1713) RECORD LOW STOCK 1% Jun May 23% 14 Pacific STOCK EXCHANGE VW* t per share 6 44% July Jun 29% , Jun ) Sep , • YORK CHRONICL1 STOCKS NEW YORK Highest 11% Mar 29 May ' Range Since Jan. 1« f, S per share 18% May 8% * Lowest $ per share 80 Mi , '■"< &: FINANCIAL 5,500 11,500 6,200 28 % 34 - ■' 34% 11,700 32^o 32% 24,200 107 % 107 V2 200 28 % 28% 1,600 19% 600 Q 17% Dee «l% May 15% jun 15 20% Jan 14 Quaktv 8tate OH Refining Coxp_lt 9% Jun 28 14% Jan 7 Radio Corp of America com__No par •3.50 1st preferred No par 19 19% ♦18 3%* R 7% Feb 15 633/4 Feb 67/a Oct 75% May 11% May 89 Nov 98% 25% Dee 84"% 22% Feb Jun 14 Jun 15 9 Va Apr 4 Jun 92% Jan 4 100% Sep 7 Jun 23% Jun 14 29 July X38 68% Jun x7 21% Jun 14 30% Feb .<•4* 34% Feb 23% Jan 74% Jan 22 Jan 19 Rayonler Inc 31 Jan May 26% Jun 17 Feb 27% July 17% Jun 14" 36% Feb 45 Apr 35 Oct 20 43 Jan 3 4% non-cum 1st 31 Feb 39' Jun 28% Jun 29 36 Jan 7 4 ft non-cum 2nd F»r footnotes see page 3 7 02 preferred Reading Co J common 10% 35 »' A ' JZ? * preferred preferred VV 7% *99% 263/4 *r V 8 99% V, 263/» W 12%: 13 71% 12% 8 71% 7% T 12% ,70% 71% 7% 7% 7% ■ *99% •99% 99% *99% 99% 27% 27 V4 27% 27% 27 ♦24 13 12% 12% 70% 70% 71% 8% 7% 99% ♦99% 99% 993/4 99% 27 ♦27% 27% •26% 27% 24 Va 24 Vi 24% 24% *24 24% 30% 30% *30 30% *30 30% 30% 31 •*18% 19% 18% 19% 19% 19% 19% ♦35% 36% \ 35% 35% 29% 29% 29% 29% ■ ' 35 •29% 19% 18% 19% 35 ♦35 •29% 29% 35% 36 \\ 28 % „ 35% *29% 29% .. 44,900 71%, 7% •: 8 ♦24 *24 *■' 5f v. 13 72% 24% ' 5i common 12% •71% • Radlo-Keith-Orpheura Corp 1 Ralston Purina Co 3%% pfd 100 Raybestos-Manhattan No par .31 \ 31 "V 24 1,500 22,000 - < •35% 30 800 %( 19% 36% 29% X293%, 20 "400 1,000 24%, 30% 19 8%.. 1,400 < , , 300 300 34. F&1 it per share 10% Jan 15% May 11% Jan 14 Jan share Real Silk Hosiery Mills Reed Roller Bit Co Reeves 4% Jun 29 14% Dec 17% Dec 8% Dec 62 Dec 18% Jan 25% May 13% May 8% Dec 78% Dec 8% 11% May • 33% 32% Feb Dec 82% Feb 8 4% Dec 1 2 98 •11% May Sep 4% Jun 23 103% Feb 22 8' 14 Oct 5%% 28 19 34% Jan 3 * 43 Dec 50 Jan 42% Mar 7 50 Sep 80 Oct 94 jun 85 % Jan 3 98 Aug 18 41% Jan 103% Dec 103% Dec Dec 102% Jan 24% May 17 19% Jan 13% Jun 13 49 6% : Feb 19% Feb 24% Jan Jun 28 15% Jan Jun 72 Dec 54 16 27%, May Mar 17 Richfield 10% Jan Roan 27 51 17%. Oct 10 18 % Feb 3 10.% Jan 3 293/s Oct 109% Apr 27 Oil 22 % Art Metal Wks 56 56 56 56 10%. 10 10% 10% 10% *82% 85 *83% 86 8% 8% 8% 6% 6% 6% 6% 3% 3% 3% 3% 3% 3% 3% 3% 3% 9 9 9% 9% 21% 21% 104'A 103% *102% 13% 13% 13% *93 95 5 5% 14,400 20% 2,400 993A 99% 5% 5% 20% 20% 20% 99% 99% 99% *99% 99% 99% 99% 7% 7% 7% 7% 39% 39% 393/s 38% 38% - 7% 7% *7% 38% *7" 38% 38% 50 *48 *93 50 94 106% *17% 17% 'C ? "?*': " 4% ' 9% *24% 47% 16% 49% *48 49% 93 107 17% 17% 17% 17% 18 18% 18 39 39% 39% 38% 39% *15% 15% 15% 15% 39% 15% '' 16 4% 4% 4% 4% 4% 4% 15%.J 16% 4% 4% 47% *99 9% 9% 9% 24% 24% *24% •99 9% 9% 9% 25% 25 3A •99 1,900 1,100 / 8,700 25% *25 1,000 11,700 9% . 51 51 •99 100 - : 4,400 / 51 100 100 50% 50% 100 •99 100 9% 25% v; 50 49% 48 47% 100 - ; * 2,500 17 18% *53 17 17 16% 17 16% 16% 165A 163A 18% 18% 18% 18% 18% 18% 183/e 18% 18% 53% 16% 18% 53% 11% 9% 25% 9% ♦24-% ' 18% 39% 4% *4% 630 107% 38% 16 *15% • 100 93 93 107 *92 *106% 106% 7,400 38% 18 38% 16% *52% 11% *48% 49% 93% 106% 80 2,600 8 38% *17% 100 *18 *92 106% 100 ■ 39 16 4% 9% 25 % 47% 387A *15% 106% 106% 106 106% *48 94 *48 50 94% 39% 39 3,600 20 5% 20% 7% 39 100 ' 13% 5% 5% 20% *7 25,700 20% 5% 20% 100 2,300 : 95 *93% 95 . 5 5% *48 * 8% 20% *93 —8 10,900 5% *6% V 8,000 3% 20'A *99% *99 6% 33/8 *102% 13% *93 95 *93% 95 *93% 95, 13% 6% V„ 22 21% 104 *102 13% V 21% 21% 21% 21 21% 21 21% 9 9 9 9 8% 2,200 83A 8% 8% 6% 9 87 *84 8% 63/» 18,200 10% 10'A 87 *84% 86 8% 70 58 *56 57% 6% 102% i .10% 8 3a 13% . ; 6% 102% - 600 8% 13% . 7% 9 5% 20% 1 100 7% 7 6% 102% k S ;/ 55% 10 13% l —No par 555a *101% 20 I 55% 10% 13% 25 Inc 8 102% com—1 I 8% 21 ■ _100 •73a *82% 6% 22% 8% *56 10% 8% 8% 86 6% *213/8 *7% i: *21 22% *7% *13'A *93 % No par Controls *21 22% *6% 7 8 *101% No par preferred series A— Ronson 12% Mar 12 *20% *8% 1 Corp— Royal Typewriter Ruberoid Co (The) Ruppert (Jacob) 57% Oct 27 Jan 20% 3% Antelope Copper Mines— 4% 3 200 20% 16 16'A 16% 16% *6% ; . 4%% conv preferred Rohm & Haas Co common Oct 27 Oct 100 16% 7,700 63a v 104 : .'l Robertshaw-Fulton 7 25% Oct Jun 13 series Ritter Comnanv. 39% Apr 25 8% Sep 28 May 18% 8% Dec 13 13 36. Jun 15 96% Apr 21 10% Jun 13 100 V^ 12 5% Jan *3 jun 28 7% Jun 21 series Rheem Manufacturing Co Jan 21 23 3,700 16% 16% 6% 100 4.50% 41% Sep 3 15% Jun 31 x3% Jun 7% May 12 July 29% July 600 17% *16% 6% 2.50 3.60% Preferred 13 11% *17% 7% *8% lo Preferred / 17% Dec 4% Sep. preferred Common 107% Oct 28 4 *11% 17% 16% , _60c 10 Reynolds Spring Co 1 Reynolds (R J) Tob class B——10 13 39% Oct 11% 17% *6% - 1 Reynolds Metals Co com No par 5%% convertible preferred ,-100 3 11% 17% 16% *82% 1 : Rex all Drug Inc 26 Jan Motors Inc Revere Copper &c Brass com—No par 5% Apr 18- 18% Jun 28 104% Jan S% Dec 33% Dec Aug 4% Aug 31 16% Jan 12 99% Jan 5 11% 17 55% 10% Republic Steel Corp com No par 6% conr prior pfd series A—.100 7 Jan 110 10% Jun 15 91 10 27% Jan 13 Jun 91% Jun 13 May Mar 92 3% Apr 9% Oct 6 4 11% 17% 7% 2? v 23 Republic Aviation Corp Republic Pictures common $1 convertible preferred— 3 S per share share 12 16% 50c Reo . Shares 17% *7% loo 7 17 Oct 29% Apr 18% Nov Conr pfd 3%% series Remlngton-Rana common $4.50 preferred 8 2% Jan 1 *6% *20% 5 12% Jan 8% Jan -5% Jan 111% July 21% May 102 Oct Jan Reliance Mfg Co common 28 $ per share for the Week Oct, 28 . 113/8 18 16% , Oct. 27 ' 83% Feb Jun 18 $ per t per share 11% 18% *18% 80o Inc Bros 17 f 6% May 6% Nov 10% Oct 11% - t (Robt) & Co— 6% May 31 *4% Jun 8 73 13% May Feb 2% Dec 10318 Aug 2 8% Apr 26 16% May 99 Aug 29% Jan 10% Pec 13 9% Jan 24 56 Oct 25 50 Aug 66 ' i 22% Sep 6% Jun 14 No par $1.28 dlr prior preference 10 Reliable Store# Corp No par 8% Jan 27 4 11'A *11% ' Rels 8 5 com Oct. 28 Sales Friday Thursday Wednesday Oct. 25 $ per share t per share Par - per 16% Oct 28 26 May 18 $ HIGH SALE PRICES Tuesday Oct. 24 Oct. 22 EXCHANGE 13% Apr 16 23% Jan 25 3 Oct 17 11% Dec Highest $ per share ,$ per share Dec 10 Lowest > V Monday Saturday NEW YORK STOCK Range Since Jan. 1 Pear 1048, Highest LOW AND STOCKS Range for Previous Lowest RECORD STOCK YORK NEW Monday, October 31, 1949 FINANCIAL CHRONICLE & COMMERCIAL THE <1714) 22 53% 53% 53% 53% 54 57% 56% 56% 11% 11% 10% 10% 10% •10% *10% 10% 1,200 28% 14,800 11% *11% 4,000 1,400 I v r 16% Deo 1073/4 Sep 21%. Jan 113 39% Feb Jun 6l%„ Jun 16% July 48,% May 8% Feb 32% Feb 13 Jun 13 Jan 139%. May 87 Jun 13 122 68 Jan 101 78 Jun 9 91 8 Feb 13% May 6% Jun 1 79 Feb 25% Mar 91% May 15% Aug 35%, May 9% Jun 22% Jun 39% Mar 51 May 46% Jan 88 95. Jan 8% Feb Nov 87% Nov 93% Apr 77 July . 90; Jun 9% Jan Dec 79 Oct 87 Apr 26% July 62% Jun 20% Jun 13% Feb 44 Feb 15y4 Feb 12% May 5 14 13% Oct 14 30% Jan 12 6 Jan 3 65% Oct 17 19 973A Oct 24- xl03% July 13 78 Jun 29 15% Jun 7 87 8 108 Oct 11 91% Mar 8' 104% Oct 19 3 14 Jan 20 Jan 5 28 91 Sep 18% Jan 13 13 % Jun 47% Jun 10 56 13 83 Scran ton 3.35% Oct Elec - preferred 5% 19% Sep 19 27 Seaboard Oil Co of Del 53A Jan 27 10% Oct 27 31% Feb 43% Nov 33 7A Jun 13 43% Oct 9.4. 14% Jun . Feb •4% Jun 6% Jun 104 77 Jan Jun 14 6% Jan 3 113/8 Jan 7 101% Feb 5 13., 7 $4.50 Range Since Jan. 1 Highest . Lowest Highest C per share ; $ per share $ per share £ 24% Jun 13 21% Aug 4 22% Jan 4 31% May 37% Jan 17% Feb 46% Oct 27% Jun 68 Feb 79 77 83 9 Dec 15% Jan 12 Mar Feb Deo 14 28% Feb 4% Dec ; Feb 10 8% Jun 13 113A Apr 8 Oct 35% Oct May 18 143/4 Feb 10' 13' 40% Oct 13 30 5 3 Jun 7 26' \ 7 Oct ' 7'' $% Dec 25 Dec 36 May 22 May 31 27% Jan 7 34 Dec 44 Jan 28 Oct 363A Jan 7 15 Feb 32% Jun 24% Sep 13 ' 7% May 18 Feb 18% Jun 14 160; Jun 25% Oct Deo 97 Jun 14 127% Jan 16% Jun 20 21%. Jan Jun 19 Jun 14 30 27% Dec 39% Jun 22 Oct 17 80 Dec 90 833/a May 21 91 Sep 98 % Dec 14% Feb 26 Jun 23 Jun 35% 15 96 Nov 5 •5% Mar 88% Feb 7 14% Jun 97% July 3% Jan May 7., 31% Jan 24 3 10% Jun 7. Oct 26 3 100% Mar 25 17% Jan 8 17% Oct 27 \ 14 107 7 3 Jun Oct 27 Mar I 52% Oct 15 3 653A Oct 7 7 16% Jan 11 44 Aug 42% Jan 30% July 26% Feb 26 14%. Apr 26 39% Jan 10 36% Jan 45 25% Mar 20 y8 Oct 7 Aug 16 33% Sep 13 68 Jan 24 73 May 21 Feb 7 26 Oct 20% Feb 7% Dec 30*% Jun 223/4 jun 13 29% Mar 30 6% Jun 13 10% Mar 31 Nov 19% Dee 79% Oct 17% Nov 86 Feb 14 May 74 May 23% May 29% Jan 104 64 Jan 5 , 7 11 71% Apr 28 13.% Jun 28 23% Feb Jan 17% Oct 19 5 333/b Oct 13 Apr 13 106% Sep 26 100 29% Jun. 17% Apr 23 91% Jun 82 Jun 13 18% Jan 3 27%, May 109% Oct 98% Jan 109 Jan 22 3A. Oct 28. 3 89% May 12 40.% Oct 5 1353/4 Oct 6 4 150% Oct . 42% 43 14% 14% 14% 4% 4% 5% 5% 5% 700 7. 9 9% 87a 9 9 9% 8% 8% 4,100 *90 92% *91 92% *91% *4% 8% 9 *90 *90 92% AND HIGH Monday SALE Oct. 25 t per share S per share Shares 28% 28% 28% 28 5A 28% 29 28 3A 29% 28% 28% 7,300 24 24 24% 23% 25 24% 25% 25% 25% 24% 25 6,100 34% 34% 343A 34% 34% 35% 34% 35% 34 34% 5,200 84 82% 82% 82% 82 82 *82 83% 600 10% 10% 10% *10% 82% 10% 10 10 10% 1,700 145/a 14% 14% *14% 14% 14% 10% 14% ♦14 14% 400 40 39% 39% 13,000 6SA 6 5A 2,200 3% 33/8 26% 26% 2,000 3,100 t per share t per share S per share 39% 39% 6% 6% 6% 5 *3% 27 3% 27 ♦82 10% ♦14 3% 3% 26% 27 " *28% 28% 28% 29 23% 23 % 23% 23% Cnn -No par 112 112 24 24% 15 112 112 33A 3'A 3% 3% 26% 26 3A 26 5A 27 26 3A 27 29% 29% 293A 293/4 30 30 23% 23% 23% 24 24 24% 112 112 112 20% *19% 29 29 % 29% 23% 23% *19% 23% 3% 6% 112 112%. 3% *30 23% 111 112 203A 193/4 29% 22% 23% 88 *87 88 98% ♦97% 98% 98% 98% 98% 98%" 98 % 98% 12% 12% 12% 123/a„ 13% 15% 5,800 i73a: 143/4, 17% 15 17% 17% 17 3/8 76,200 106 3a 13 13 13 13 *87 17% *87 88 88 97% 104% 104% 104% 104 % v 1043/4 43a 4% 43a 43a 4%v E & G Co com_4.50 preferred 50 8% 9 8% 9 8% 9 8% 9 45/8 8% *87 7 107 4% 9 16% *103 *52% 53 *61 50 63 52% *62 52% 63 11% 11% 363/4 363/4 16% *104 17. 53 *52% 53 613a 62 •61% 62% *11% 12 11% 11%.. 363a 363a. 43 41 41 33% 33% 33% 333a 10% 103a 10% io3a : *41 43 Southern 25 *33% 33% 33% 333a 5 103a 10% 10 5/s 10% 7.50 33% 33% 33% 33% 333a 34 No par 433a 43% 43% 44 43% 44 31% 32 31% 32% 51% 51% 51% 51% Conv $4.50 31% common—No par *40 43 36% *40 100 *503/4 31% 51% 100 *57 58% *57 58% ♦57 1 12 12 *11% 12% 12 4% No par 1 *43a No par '*68% 5 5% ;7i l 25% 25% 1 27 27% 58% 12 *52% 62 106 , 1,300 20,800 9 14,300 53 *52% 61% 12 12 37%. 333a 10% 434 8% 62 11% 100 4% 4% 37 ♦40 88 37 •41 43 53 100 61% 700 12% 1,600 1,500 37% 100 43 333a 33% 8,700 10% 33% 103a 103a 61,900 34% 33% 34% 34 34% 4,900 43% 44% 44% 45% 44% 45% 16,100 32 32% 32% 33% 32% 33 13,500 34 . .. . 523a 513a 52 523a .57 58% *57 58% ♦57 58% *11% 12 *11% 12 •113a 11% 51% ,. ' 52% 5 5% 5 5% 5 5% 5 5% 43a 5% 5% 5% 5% 5% 5% 5% 53a 300 5 *5 1,800 53/8 *68% •25 27% 71% •69 71 *69 71 :: •69 *70 71 3,800 700 71% 25% 25% 25% 25% 25% 253A 25% 25 3A 273/a 27 % 27% 27 27% 27% 27% 26% 26% 6,000 83A 8% 83/4 8% 8% 5,200 1,700 25'A 8% 71 71 71 70% 70% *70% 70% 70% 100 •16% 163A 16% 16% 16% 163A 16% 16% 16% 16% 163A 16% 8,500 1 32% 323A 32% 32% •32% 32% 32% 32% 32% 104% 32% 32 % 32% 1,800 83/a _2 71 No par common preferred 83/8 8% 5 preferred Square D Co Squibb, (E R) & Sons 12 36'a . 363a *11% 363a . ♦52% Southeastern. Greyhound Lines 5 South Porto Rico Sugar com_No par 8% preferred 25 Spencer Kellogg & Sons Sperry Corp (The) Spiegel Inc common 2,800 ♦87 *97% 16% Spalding (AG) & Bros Inc Sparks-Withington Co Spear & Co common $5.5o preferred—r— 23% 24 98% 104% preferred 400 4,700 88 4% Railway 1,200 20% 29% 24 17 non-cum 111 ♦87 104% Mobile & Ohio stock tr ctfs 25,900 *97% 4% - 700 24% 23 29% .a 23%; 30% 29% *20 20% 30 1 Edison for 28% 38 3A —— California Sales the Week Oct. 28 Oct. 27 6% preferred 93 Friday Thursday Oct. 26 39% preferred 100 Smith & Corona Typewriters-Np par Socony Vacuum OH Co Inc__ 15 conv 3,800 PRICES Wednesday; Tuesday Oct. 24 92% 6% _No par * —No par .—No par 69% Feb Sep 13 45%. Oct 28 $7 Standard Oil of California-—No par Standard Oil of Indiana—.-——-25 92% Jun 60% Jun 13 74 % Jan. Standard Oil of New Jersey——-25 8% 8% 105 71 105 •70% 71 *105 105 220 106 105% 105% 21% 21% 21 % 21% 21% 21% 21% 213/4 21% 22% 22 22% 88% 88% 88% 88% 88% 88% 88% *87% 88% 863A 89 37% 38% 38% *129% 130% 130% 132 144 145 1043/4 105 105 38% 37% 38 377/a 38% 373/4 38% 132% •131 132% 129 130 129 130 ► 145 144 144 143% 144 144 37% 105 "130% Standard G 85 E Co $4 pref—No par prior preferredprior preferred— 83/a *88 % Standard Brands Inc com—No par $3.50 preferred No par 55 43% 14% 4% 38% 36% Jun 14 7 42% 14% *4% 6% Oct 24, 42% 4% 4% 39 % Jun page 10% 6% Jun see 93/e 9 6% Smith (A) & Sons Carpet Co com—20 3%% preferred 100 5%% 4,,900 20,200 14 29% 5% 600 4,800 55 42% 9% 383A pfd—100 700 13% 6% 73 for, footnote# 10% 39% 53 6 : 183a 54% 10% 39 121 70 i8 3a 55% 10% .? 14% 36% Feb 13 19 55 19 14'A 97% Feb 54% Jan Jun 18% 10 6,700 43 20% $6 54 13% *29 $4 53 42% *19% 13 Jan 16% 55 3,200 13% 88 16% 55 % *53 10% Ll5 Solvay American Corp 4% 530 14 v 20% 5% Oct 73 13% 88 173% 55% *10% \Tn 13% 90 53% 19 10 87% 104 16% 84 :—1 i 104 ! 42 7a 14 29% 9 29% Jan . 16% *863A 87% fl240 10% *19% 5% *88 107% 1,000 97 107% 53% •183a 53% 9 ♦29 4.20% 13% 13% 90 96% •106'A 104'A 30 7,200 12,000 63 63 63y2 973/8 16% 54 52% *86 3/4 104 ♦82 : 26 Dec *8% 9 13% •88 16% •18 3/4 53 20 Corp_ Jan Aug 18% 87% 104% 90 •52 107% *87 13% 10% *97 •104 87%, 104% 13% - 54 . 10 O) 66% Feb 13% Jan 6% Jan 22 163a 63% 63% 97% 1071/4 *88 90 16 Smith. (A •104 13% 13% •88 Skelly Oil Co Sloss-Sheffield Steel & Iron 61 :63 104% 104 *62y4 *97 *106 *863A 87% *86 3/4 63 % 973/8 107% 28% 34% No par 56% Oct 7 107% 63% 973/e •106 13 293/s 1 - 45% Jun is 3% May 23 3% July 19 973/8 29'A 25,800 13 12% Nopal Simonds Saw & Steel Sinclair Oil Corp. Jan Jun 63% 7% 83 24 No par July 8% May 633A 97 3A *106 5,600 90 *81% / 28% 12% 29 *34% Silver King Coalition Mines 73 7% 28% No par Simmons Co Southern 7 12% 28% 22,200 7% 7% 12% No par of America 7 Feb 95 Sheraton Corp 7 10% Jun 20 28% 12% 9% 38% 107 ♦84 V 83 3,500 28% No par .i 27 Dec 15% Feb Corp Sharp & Dphme common $3.50 conv pref series A Shattuck (Frqnk G)___ Sheaffer (W A) Pen Co UShell Union Oil Corp— Jan 20% May 7% *81% 18% I per share Par —1 49% Jan 5 7% 81% 12 % *52% Saturday ' . Gas 41 July 4 213/8 Aug ' ; , & 34% Oct July 4 61% Mar • Oil Steel 70 68% Feb 65% Dec 12% Dec ; : ■ 32% Jun 13 25% Jun 14 80% 62 3A 7% 81% 43% 9% 38% *100 90 7% 18:'A 92 'A *84 81% 28% 4 2 3/4 8% 90 7% 123/8 43% 106 *84 420 : 391/4 *100 ? 28% 14 5 *90 9% 38 3/4 39 106 81% 7S/8 52% 9 lO'/a 37% 3 2% 54 44% 10i/4 83 LOW 50% jun Feb 43% Feb 33% Feb 90 42 % *4% ? Southern Co (The) Southern Natural Gas Co Southern Pacific Co— 6 *84 Oct. 22 29% Jan 5 10% Sep 30 28% Jan 3. 11% Oct 90 14 South Carolina 11% Nov Dec *8% No par 4 53% Mar Oct 90 *84 43 4 112 112 1123/8 •100 106 28% 28% *112 ' 42% 9% 373/4 •100 42% " 1 common 9% Oct 40 7.% Jan 13 52'A ' —1 - South Amer Gold & Platinum- 8%, Oct 45% Aug ' 36% Mar 36 5 4% Oct 26 60 , Feb 52 95% Jan 104% Jun 3% Nov 30. Apr July *18% No par ~ 02% Feb. 23 4% Jan 12 6 18, i Sharon 24 7% Jan .Jan 2% Jun . Shamrock 5 10% Oct 463A Jun * *54 9% 93/a 375/8 37% 106 7% EXCHANGE $ per share 36% Jun 30 Co 9% 37% *100 STOCKS Lowest 24% Nov 9'A 38 28% 28% 112 42% 42 106 *81% 5 & NEW YORK STOCK V - 41% 73A 7% 1 preferred v Year 1948 .< Servel Inc 41% 9'A • 82 82 *12% 12'A 28% 28% 64 64 *97 973A *106 107'A *863/4 87% *104 1043A —No par Seeger Refrigerator Co Seiberling Rubber Co Range for Previous . .r Seagrave Corp Sears Roebuck 27 143/4 Oct 10 *84 - - 100 A Seaboard Finance Co. 55% Oct 5y4 Dec 9 % Dec *37% *100 t c__No par v series 7 9% Jun 14 41'A 41% 90 16% 55% 4 12% July 8 % May 111% 14 36% Feb Dec 28% 112% *88 163/B 163A Jan 9% 28% *1113/4 *13% 50%May 8% Oct 5 28% 112% 100 com Mar 85% Feb 28% 111% 28 7A (The) common—5 Co preferred Seaboard Air Line 7 28 % lil% / 9% \ vtc—100 Co—ilOO 5% non-cum preferred 100 St Regis Paper Co common 5 1st pfd 4.40% series A 100 Savage Arms Corp 5 Schenley Industries Inc 1.75 Scott Paper Co common No par $3.40 preferred : No par $4 preferred-. ± No par Scovill Mfg Co. 3.65% pfd 100 4.30% preferred— 100 19 28% 111% *40% ' St Louis Southwestern Ry Jan 25 Jan =-100 —10 Ry Co com v t c—No par Preferred series A 5% 423/4 Jan 26 94% Jun 30 12 St L-San F 12% Jan 25 31 67 Jun 3' 48% Jan —5 Safeway Stores common 5% preferred St Joseph Lead Co 113% Feb 16 35 % May 11 7% Jun 13* 144 146 •143% 663A 67 66 % 67% 67% 67'A 67% 68 67% 44 44% 44 44% 44 44%' 44% 443A 713A 72 71% 72 713A 72% 71% 733/a 44% 73% 144 68%. 44.% 733A 39% 66% i 67% 44% 45% 72% 73% 10,700 190 16,800 V 700 1,400 13,900 15,600 33,300 -Volume 170 COMMERCIAL THE Number 4851 - NEW Range for Previous Year 1948 v '! ■ Range Since Jan. 1 > Highest Standard 3%% 35 Jun 20 Oct 97% Jun 96% May 11% Feb 15% Oct 12 Jun 14 18% Oct 38 Feb 40 Jun 7 45% Oct 36% Nov May 41% May X27 43 % Jun 13 9 15 38% Jan 27 19 4% 10 July 12 13 32% Mar 88 "Feb Jun 35 Oct 20 41% Aug 97 Jun 94 Jan 6 23% Dec 36% May 24% Jan 3 33% Oct 18 12 V8 Feb V Dec 16% May 9% Jun 17 14% Jan 7 18 Jan 9% Jan 3 13 % Aug 2 15 Dec 20 Jan 15 % Jan 4 17% Oct 11% Jan 18% July 29 14 Jun 12 % Feb 25 19 16% Feb 10 25% Oct 27 28 % Jun 13 41% Oct 6% Feb 1 Jan 8 J/a 9 16% Mar ' • 6% Nov 11% Dec 98% May 70% Nov 50% Mar Jan 113% Jan 120 90 14 15 Jtrn 16% Jun ?4% Mar 9 Mar July 11% Mar Dec 140 43 235 Jun 13% Dec 19% Jun 31 Dec 44% Jun 8% Nov 16% Jan 28/a 'Dec 36% Jan 30% 5 *12% 12% *12% 12% 30% 12% 12% 12% 12% 12% 12% 12% 12% *17% 18% 17% *17% 17% 173/s 17% 173/4 173/4 18% 18% 18% 18% 18% 183/a 19 15,000 24% 24% 25% 24% 25% 24% 25% 43,500 41 40% 8% 41 41% 41% 41% 413/4 Corp Cnemical Corp Oil Sun Co 1 common preferred '11% 11% 24,600 •16% 16% 16% 163/4 2,100 20% 203/b 20% 20% 3,600 14 11 Sunshine 54% 54% 54 54% 54 543/8 54 543/8 2,000 7% Mar 25 12% Sep 16 11 Sunshine Mining 10% 11% 10% 11 <::• 11 11% 10% 10% 158 159 '/a 5,600 1,400 36 % Feb 127 Jun Jan 168 15 37% Oct 17 27% Jun V Oct 27 33 14 14 12 Feb 21 7 Mar 89 54% 54 54'A 11 11 11 11% 160 160 160 23 - V & Swift L Co International 2 5% Oct' 28 Gould Tennessee Corp Texas Gulf Producing 27 68 Va Oct 15 Texas 14 25 Oct 11 29 Feb 48% May 33% Feb 7 48 Apr 25 45% Dec 653/4 May 36 Jun 16 46 Jan 3 Texas 103/8 Dec 20 3/e May 8 Jun 13 11% Jan 7 Textron xl4% Dec 24 13% July 12 15% Jan 22 17 2 1% Jun 20 14% Jun 7 % Oct 19 -5 20 7 Jan 7% Oct 39% Feb 59% May 34% Jun 15 47 85 Feb 95% 84% Apr 14 91 26 9 Mar Z The 4% Oct 1% Mar 4% Jan 2% May 23 19% Mar 31% Nov 23% May 19 37 Oct 32 Va Jun 19% Jun 14 25% Jan July 1023/4 May 3 X1053/4 Sep 23% May 13% Jun 55 33- Oct 19 13 V Jan 8 $3.50 177/a 44 44 44 Roller Range for Previous *42 43% 43 43 Range Since Jan. 1 Lowest Highest * NEW :? $ per share # per share YORK shard - 13% Jan 10 Jan 19 14% Oct 13 Transamerica. Corp 22% Mar 10 Jan 4 16% Oct 26 Transcont'l & Western Air Inc 15 % Nov 23% 111/2 Jun 13 10% Feb 4 5% 10% May Feb Nov 107 '/a July 12 J/4 Mar 19'% Aug 17% July 25% Mar 6'A Feb 11 98 '/a Feb 10 9% Aug 30 19'/« Jan 3 31% Dec 36% Jan 32 Va Jan 6 92 Jan 100% Jun 98% Sep 26 * 4% 24 8% May Dec 4% Jan 24 3 Tri-Continental 11 15 Ve Jan 13 $6 32'/a Jan Jun 20 Dec 14%, Jan 4'A Jun 13 9% Dec 12 Jan 8'/a Jun 14 10% Mar 17 Dec 5914 Jun 39 '/a Jun 17 46 9% Mar 16 Va Jun 10% Feb 8 28 Twin Coach 32% ,32% 33 9% 9% V 9% 79 f. V 10 32% 32% 7.700 9% 8,600 19% 5% 5%'' 5% V 8',900 9% 19% >■ 79 .•77% 2,400 35 , 93/4 19% 19% 19% *78% -! 10 % 10 10% v*78% 5% 19 fK 500 800 180 79 5% 53/8 Corp 44% 43 10 *42 10 10% 10% 14% 14% 7 Vv 30% v 13% v' 5V4* 38Va 4 - 14% 7 x29% *13% 5V4 *37% 30 Va 14% 5% 39 7% 14% 7% 30'A *13% 30% 14% 5% 5Va 38 14% 38 3% . 8 . *105 143/i 105'/a • *3l/2 6,€00 7% 46% *90 3% 35Va ; 33 35 15 33 33% AND HIGH Monday $ per share 13 13% 15% 15% 15% 15% 15% 14% *13% 14'/a *13% 14% 10% 22 36% *99% 102 8% 8% 106% 13 13% 15% 16%' 15 Va 15% 14% *14% 14% 14 14% 400 8% 8% 8% 47,100 8% 8% *105 Va 105% 13 10% 22 30'/4 30 30 *5 5% 5 5 36 '2,600 23 13,600 35%: *35% 36 Va 101% ,;,99s/b 101J/4 *99% 8% 30'/a 8% 8% 8% 30% 30% 5% 29% 5% 5% $14 5% 5 160 10% 22% 8% 36 -8% 30% 30 ; *99% 26 Va 9.800 10% 22% 102 ; 105% 105 10% 22% i 8% 105 Va 105 11 ■'//: 30 15,400 13% 13% 16% 21% 8% Shares $ per share 13 10% *35% for the Week Oct. 28* -22 ♦99% Sales Friday Oct. 27 .10% 8% 8 Vs lS^;;-'/15i.'v'3,800 33V4 33% 13,300 Thursday 21% 102 *99 % 1,100 400 3,600 7Va 46% 91 40 4 V/ V 1,600 35% 400 22% •23%/-;,/!v /•' 7,700 105% 105% 140 $ per share share 10% 36% *35% 30 700 3% 17Vs . *7% 45% *90 3% *34% 24Va. 10% '; 17 . 22 Va 10% 22 106 106 3% • 3,200 V. 15% » * 8% 8% 8% 8% •106 - *13% 13 V$ 13 13 44% PRICES s per r 700 5,600 400 200 . Oct. 26 $ per share 9,700 105% 105% 15% 15% 33 33% Wednesday Oct. 25 *13% 10% SALE Tuesday Oct. 24 6,200 600 10% 47 91 4 35% 23% 15,500 43% 17% ' 7Va 24Va 105% 15V4 33%. *105 33% LOW 23% 105% 4,000 1,800 '28,000 14,200 3,500 .- , 3% ' 14% l43/4 7% 7% *30% 31 f 13% 13% 5%;. 5% *37% 39 7% • 11% 5% 16% . 44% *41 Va 10% 14% 46% *90 4 35% 91 4 ; 35% . ; 15V» 15 ' 3% 5% 16% 63%.. 64% 17% 18% 68 68% 23% 24% ' 17% ' 7% 17. 7%46 V2 167/a SO 4 35V2 23% *105 15 33'/8 : '7 30% ./• .13% 5V4 *37% .. 105% 21% *35% , ... 3%, 90 4 35V2 ; 103/8 23% 8V2 8V2 *106 106% 1 Co 44 43 15% 1 No par 5 44% 43 12% v common Co 44 43 23% 14% * 63 ''*11% 11% 5%' 5% 16Vb : 16% 63 63 % '18% 18% 68% 68% 23% .24%'.- 5% 16%- 44% 44 23% 4 t per share " / *11% 11% *11% 5% *16% 62%, > • 18% 68 Va 25 36% Saturday / Oct. 22 S" Century Fox Filmcom__No par $1.50 conv preferred, Nopar $4.50 prior preferred No par Twin City Rap Transit com Nopar 5% <yinv prior preferred ; 50 6% Jan v?7 10% 32% 45%' 46 34 20lh 8% Oct 28 31% Oct Jun 5% 10%. 1; V 10% " 159 10% 35 343/4 : 18 68 24% 23% *105 14% Nopar preferred Truax-Traer Coal 24% May 16 36% Aug 8 1021/4 Aug 12 157 10 % 35 24% *16% ; *7% 8 11% 5% 16% 62% 45% 91 4% 36% *36 23% Par —.k — Transue & Williams Steel 8% Oct 27 108 % Oct . 343/4 18 68% 9% 17 *7% ; 44 • '3% 3% *16% . 45% *90 *4 *35V4 45% 90 45% SO 4 t < • 5V2 *38 , r Dec 96 / *3% 4 : .16% .16% : *7% / 8 ' ; 14% 7% 30% 14% 5V2 38% 14% 7% 30% *13% 5% 38% *11% 5 16% 10 V.V: STOCK 1 14% / *5% Nopar ' 7% *38 —5 Nov Apr 15 31 . *13% 10 — 9% 10 , *14% *7% . Nopar - 9% 9% *30% ' 4''; EXCHANGE Highest $ per 5 Nopar Beailng_ ' $ per share 9% 50 STOCKS Year 1948 11% 10 9% *34% 19% 79% 5% 61% 17% 68 Va 24% 44% No par - preferred— Timken 62% . 68% 24% preferred Timken-Detroit Axle 43% Mar 30 24 62V* 17% No par preference $3.75 8 62% 23% Tide Water Associated Oil com 10 11% 5% 16% 68 Va —15 com—No par' preferred ' 100 Thompsoh-Starrett Go com—No par 21 *11% 5 16% 17% A% 8 19% 11% 5 16% « 24% Thompson <J R) ; Thompson Products 9 13 5% 68 JThird Avenue Transit Corp_Nopar * Thomas Steel Co (The)——1 29 79 17% No par preference Fair conv • 19% *78% 5.J/a/^"-' 5% 19% 79% 24% 50c , preferred ccnv $2.50 6 Sep Co common conv 9% 9% 19 16% • Thermold CO common—,—.—1: 8 Oct Pacific Ry $1.25 i 32% 9% 10% ll3/0 .5 9% 35 < 10% 32% --9% 10% 32 5% *11% '4% 10 Thatcher Glass Mfg Co common 6 6% Jan 41% Oct. 7% Jan 23 Mar Sulphur Sub Share ctfs $2.40 31% 67 Va Texas Pacific Coal & Oil 5 '• 10% 100 18.% Oct 14 7% Oct 27 *10% 160 158 159 9% K t 35- 1 14 Jun 16% Jun 4% Jun .-. CO-—10 ' No par 11%Jun 56 Oct Inc 159 J 9% 35 62% 9 ————5 " 71% July & /* 11 :' 25 35 <'• ' 160 9% 35 9% 19% 79% ™, 25% May 32% Aug 14 Oct 9% — Gulf 31% 19% *79% 5% l Feb 19 11 v Corp —5; Texas Co—' 643/, Oct 28 4% Mar 2l *10% 31% Ltd Telautograph. Corp 17% Aug 11 9% 35% 25 t r 9% *35 Sylvania Elec Prod Inc com__No par $4 preferred No par Nov 25% Apr 12% Jun itf'k 50 10 Swift 24% Jan 5 54 Sweets Co oi America (The)__4.16% 11% Oct 21 7% Feb 25 11 11 Va 10c Superior Steel Corp Sutherland Paper Co 5 11 12.50 Inc Co Superior Oil of California 14% Jan 12 8% Aug 30 30% Jun Biscuits 19 Lowest 10 16% 47 May 1,000 11 % 13 Dec *119% 120 20% 48% Jun 40 10 65 120 65 1 65 119 % 16% Jun 104% * 120 95 20% 67 Jan v65 65 65 •119% , 1 400 6,800 9 8% 95 16% 52 Mar 65 120 11% 65 *119% 119% 9% 96 20 % 6 17 66% , 9 *95 16% 14 95% 65' 119% 9 96 *95 96 *95 20% 2 3/4 Jun Feb 66% 120 8% 8% 8% 96 *95 16"% 133/4 Jun Jan *66 *40% 20% 19% May Jun 8% 9 96 *119% ' 20 % 14% Mar; 10% 400 11- : Jun 2,400 *16% Talcott Inc (James)" Apr 2,900 123/s 17% 13 24 G 000 12% 12% > 20 % 11% Oct Apr 24% 30 3/4 .12% 11% 14 19 /n 13% 20 % 9% Jun 13% 40% 993/8 30% 31 *16% 11% May 5% Jun Dec 8% *95 1 common 9% Mar 6V2 24% 40% *97% 993/8 . 25 Sunray Oil Corp Symington Jan 40% 'r' 24% 24% *97% f 25 13 21 May 18% .■ B 11% Sep 5% Oct 103/4 May 17% 1 100 14 15 % 17% 18% 24% No par pfd 3% Jun 47% 17% 18% 40 No par common Class A 4%% 7% May Dec 99% 31 18% 1 V:: 4% Mar Apr 35% *97% 35% *17% . No par; f \ Corp —J 9 5% Dec . No par 76% Sep 12% < 15 Webster Aug 343/a 600 10,200 A 7.9 Jan 100 V , 36 series 8% Jun May 12% , 11% . series 17% Aug 14%. Jan 123/8 35% preferred Jan 46% 12% 11 % preferred Jun Dec 130 ' ., 4%% 91 Dec 30% 12% 313/4 ♦31 11% 36'% 4 % % 26 5% 31% 12% 3P/4 . 13 22 25% 99% 31% 35% : 13 Dec 15% Nov *97% 12% *30% *11% 11% 36 17% Jan Feb Nov 35% 99% 31. 35% - 21% Sep 57% Oct Dec Dec 31% *11% 11% 100 46% *45 8 8% -33/4 *30% 11% *31% *11% 46% 20,200 13 July 17% V 30% 11% *30 • *45 r 9,900 183/4 18% 35% $4.50 series A 12 Jun Jun 26% 46% 18% *97% Sun Sep 9 21% *45 % 99% Stone & 19 Feb 46% 46 ! 18 ■ Stokley-Van Camp Inc common—1 S% -prior, preference — 20 28 Dec ;35,- *45 30% *45 . 18% 18% 35'/a 27. 9% Oct 96 66% Oct Dec 11% 18% Shares 100 31% Sunbeam 121% Sep 9% 31% 18 % *99 100 31% Studebaker 10 187/a *30 18% *98% 100 *99 *97% 28 17 17% 46 % *98% 100 27% 26 3/4 99% 27 the Week S per share 27% 27% 18 % 18% *n% . 27% 27% 1 27 % 99% *45 I V £ 27% 27% Oct. 28 £ «er share $ per share S per share $ per share 27% for Sales Friday Oct. 27 Oct. 26 r,V.-' Jan 52% Feb Oct. 25 * loo 17% . —No par Stores. Inc & Co Inc Stewart-Warner Corp; 4 117 July 15% May —50 Stevens (J P) 19 Oct • preferred Sterling Drug Inc common————5 3%%. preferred—; ——..100 2 *99 t common—1 :»•: (The) L S Bros 27% 100 Thursday Wednesday Tuesday Oct. 24 t per share 10 common Spring convertible Sterchl Jan 27 100 : 91% 18 Ohio of Steel Starrett Co 7 . Jan 15% May . Oil 23 PRICES SALE HIGH AND LOW Monday Saturday Oct. 22 preferred series A Standard 3 9'/a 11% Mar > > STOCK YORK ' • (1715) RECORD STOCK v Par 27% Oct 27 Nov 89 • Jun .■ EXCHANGE 100% Aug 31 23% • NEW < -• $ per share $ per share $ per share $ per share ; Lowest Highest Lowest YQRK STOCKS CHRONICLE FINANCIAL & 200 35% 102 8% 2,000 30 31% 2.420 5 5 Va 4,400 U 39 27% Feb 37 Va Nov 6 31% Jan 7 7 19% Jun 17, 4314 Nov 33% Jun 13 42 Jan 6 112 Jan 13 94 7 94 110 Jun 107 91 Feb 98 Jun 94 80 Nov 90 Jan 86'/a Jan Underwood 12 39% May Oct 103 Jan 12% Apr Jan Aug 30 Jan < Aug 13 5 21'/a Feb 38% July 25 ya Jun 13 79% Nov 73J/4 Jun 14 48 Apr 16 51% Feb Mar 28 36% Jan 5 Sep 31% Jan 41% 22 Va Dec Jun 30% May 20 y« July 15 103 'A Nov 110% Jun 104% Jun 14 9% NoV 19 % Apr 10% Jun 13 32% Sep 14 89% Jan 21 26% Mar 30 109% Oct , 5 7'/a Nov 90 J/2 Mar 61% Jan 3 85% Oct Jan 2314 Oct 19% Feb 16 28 Va Oct 13 103 -6% Feb 29 Feb 2% 41 Nov Dec ; 40% 40% 40% '110% 111% *110% 28% 28% 28 Va 28% 27% 28 28 ' 28 '/a 28 V4 28% 81% 81% 80'% 81% 80% 80% 80% 81 'A 81% 82% 50* •49% 49% 49% 49% 49% 49% 49 49% 49% 50 Va 31% 31% 31% 31% 31% 31% 31% 32 32 32 J/4 24% 24% 24 24% 23% 24 24 24% 24% 24% ;•••• 24 *108% 108% 108 % 108% •108% 110 109% 14% 14% 14% 14% United 4%% 2% Jan 3 3% Jun 24 60 Dec 82% Apr 45 Jun 22 16% Feb 28% Jun 14% Aug 2 371% Jan 46% Jun 34% Jun 48 Feb 58% May x44% Jun 16 18% Dec 23 11% Dec 15'/a Feb 32% May 101 Jun 24J/4 May 92>/2 Feb 113% Jun 166% Nov 179 Jun 8 Dec Dec 76 Jun 19 V* • •36 Stores cora~30c preferred 100 United Corp (The)/ —1 United Dyewood Corp common 1 3% 3% 3% 3% 3% 3% 46% 45% 45% *45 Va 45% •:v 4% Dec 42% Jan 4'/a Dec 8% 22 Unite Jan 7 7% preferred 3 United Electric 13 United Engineering & Folindry Fruit 7 54% Mar 7 United 18% Aug 8 United Gas 15 United Merch & 6 25% Oct 15 24 J/4 Oct 18% Feb 11 28% Oct 26 7 100% Oct 24 Mar 28 .17% Jan x89% Jun 13 104'/a Jan Jan 10 187 6% Jun 6 175 43 May 25 17% Apr 28 3% Jun 13 8 20 Oct 28 Jan Certificates U U 5% Jan 14 U 36 Jan 15% Jun Jan 21% Jan 11% Jan 3 16% Oct 27 9% May 7% Jan 19 8% Apr 18 39% Feb For Jan 58 footnotes 13 21 S S S U S 38 Jun 13 49% Jan 28 U S July 52 % Jan 12 70 27 U S see page 24 preferred w i 1 1 No par No par.-: No par 20 —100 com 5 100 . •45% 4% 4% 4% 5 *6% 7% 7 Va 7% 7% 54% 54% ♦54 .54% 16% 16% 41 *40 *54 5 7 J/4 54% 28 28% 24% 100% 16 99% ♦185% 99% 187 9% *9% 25% • 27 7% 100% *15 15" 99% *185% < •23 28% 100% 15 28 15 /" 100% 187 ; 100% *185% 100% 187 •185% 187 •18514 8% 8% 8% 9% 47 47 23% 23% 24 *23% 24 23'% 23% 23% 4% 4% 4% No par *19% 19% 1 15% 15% 15% 15% 10 20 *8% 8% *8 Va 8% Playing Card Co 100% 100% 99% 48% 47% 19% Pipe & Foundry Co *15 9 47'% 4'% class A ♦100 *47 49 19% common - 15% 9% 4% conv 7R% 28% 101 ♦15 9'% 19% Co •23 25% ♦100 15 ; 28 100% 28% 100 Va *47% , 17,000 12 J/4 •23 *100 2,400 12 % 12 25% 23 52,900 24% 24% 12 Va •23% 25% 11,500 18 24% 12% 12% 24% *23% 51% 17% 25 12% *23% 51% 17% 24% 24% 15% 15% *46 23% 4% 5% 4% *19 19 19% 16 % 16% 16 '• : . 12 *23% > 25% *23 25% 28% 27% 28% 100 101 100 8Va *45 45% 45 % 45% 45 *65% G7 66% 69 69 8Va 45 Va 69 8% . - 8 % ~: *814 2,600 1,200 200 25 • 15,200 60 15% 187 15'/2 101% 7,300 ♦185% 8% 187 8% 8% 47 *45% 47 1,900 20 23% 4% 23% 24% 1,000 4% 4% 1,400 19 19 19% 700 16% 17,800 16% 16% *8'A 45 44% 45 *68 70 70 70 ,. • 8% 200 45% 8% 45 If 300 100% 15'/a 102 * - * 24% 17% 24% - ; 52 51% 17% 25 320 60 41% 51% 12% 2,600 16% 24% 12 *23'% 66,100 41% 17% 25% 7%. 16% 51'/4 ■25 700 4% *58 - >' 16% 17% 24% 200 46 7% : 4,400 44,700 42 51% 51 '/a 17% 2,200 3% 4% 60 59 60 16% 25 Vs 8% 38% 3% 4% :?■; 5 7% 7% 41 Va 4% & 7% 16% 17% 9,000 36 46 41%- 51% 400 28 *36 - 46 16% 25 '/a 25 ' 5 54% 46 y ♦41 '/a 19% preferred 46 16% 17'% 25,200 106 8% 3% 41'/a No par Lines 3% 16% Co common 3% 40% 51 J/4 200 ' 14% 35% 36'% 41 17% 12,000 86% 27% 38'A 7% 51% 12% 36 • *36 J/4 '4% 17% 12% ; 38% 3% 51% ♦25 4,500 109% 13% ♦105 1,800 32% 24%'/ % •84 8% 8% 50% 31% 27% 3,900 J 36 46 ■ 50% 107 16% 16% *40% No par Leather . - : 8% *8% ' Industrial Chemicals 4 Va% July Oct Gypsum Co common preferred Hoffman Machinery Partic 21 Sep S 4% % 5 Dec Securities 1st preferred Freight Co S 7% U 26 % Oct Dec interest $4.50 27 57 of U S & Foreign U 4 10% Sep 1 Mfrs Inc United Paramount Theatres Wi 14 7% 49 10 Improvement Co—13% 21 12% Jun 5 Nopar Co 13% Sep 94 5 United Gas Corp ; 11'/a 53 % 100 Coal Cos 6 20 Jan 17% Cig-Whelan $3.50 convertible 22% Jan Jun 17'A May 54 J/a 36 36% 25% Oct 19 Va Jun Feb 9% 35% 24 19 Feb 8 V2 35% - 14% ♦105 107 ; 86% 26% 26% 26 •105 35% 107 14 »/4 *83 85% 84% 26 107 25% *108 14% 85% •82 . 108 V* 14'/4 35% 9% Mar 23 18 J/8 Feb 21% May May July 108 J/4 *34 % 6 Oct 26,400 82% 35% Fastener United-Carr Corp Co 24 42 28 82 *34% Carbon Oct 65 190 27 Va Corp__No par Carton Board & 7% Oct 5 92 14% *105 107 97 *90% 8% preferred $4.50 •105 *93 92 35% 25 May 25% 97 *90'/a 35% 36% Oct 9 857/a 25% ♦94 92 \ 8% 3 3% May *82% 890 97 35% 29% Jan Feb 25'/a 28,200 110% *91 / 8% July Feb 85% 25% *83 8,000 41 40% 110% ♦95 8% United 23 No par ! 41% 111 xll0% 91% 90% 35 Va United 18 25 100 preferred 90% *105 J/2 20 3% Oct 5' 100 common—10 96 *90 Nopar* 21 47'/a Sep preferred Inc *94 90'/a No par ' 10 Sep 9% Oct 38% Jan 13 Corp common Lines Air United Biscuit of Amcr 13 2% 16% Aircraft convertible 5% No par Tank Car Co United 27 13 preferred non-cum 96 *90 :: 96 ♦94 *94% 41 41'/4 4 112 800 27% ♦108 14% 4% Union 26% 9% 27 27% 40% 111% 28 2'A Jun 27 V. 40% Jun 40% Jun 3,500 *110% 4% Jun Jan 2,500 12% 40% 29% Jun 5'/a July 41 12% 110% Jan 55 / 9V4 40% 12 J/4 27% 26% 27 26% 9% 41 J/4 12 y4 9% *12'A 26% 9% 41J/4 12% 40% 12% 40% Dec 36 40% 12% 26% 38'/a 4% 89 106 40% 12% 9% 110% & Paper CorpJ—No par & Carbon No par Carbide Un El Co of Mo 15% Dec 27% 41 12 % 9% ' Union 26 19 9% 40% 12% pfd $4.50 ser__No par Preferred $3.70 series No par Preferred $3.50 series Nopar' Union Oil of California 25 Union Pacific RR Co com 50 Union Bag 11 14% Oct 21 5 41 9% 9% 41 12% Pi 9% .No par — IJnion Asbestos & Rubber Co 15 31 45% 9614 July 51% July Corp 41 —1 (The) Udylite Corp 45% 1,600 68 % 69% 8Q0 ?! I 24 COMMERCIAL THE (1716) YORK NEW t per share •!., 37% May 19% May Dec 94 82 37% Dec 137% Jan 37% Nuv 58% Jun 63% Dec 72 Apr 62 43 £3 1<*U% 129% JUu 4 Jan 17 Va Feb 197» 37 Nov 42% May 4% Mar 6% May Dec 12% May Dec 98% Jun 80 6% 26 11% Oct 14 8% Jun 8% 85 % 91 Apr 29 Jun Jan Jan Feb 8 27% Oct 16 Feb 20 Jun 12% Jun 14 17% Jan Mar in% Jun 19 Feb 7 V* 18% Jan 23% Jun Feb 150 May 156 15% May 7 170 Dec 70 Deo 14'/a Feb 27% 9% Dec 170 5 Jun 27 3 62% Oct 23 Jun 28 8% Aug 15% May 10% Oct 8 17 Oct Feb 24% 33% 34% 119% 119% 118% 119% *t, ♦36% 37% 38% 39% 38% 39 63% 64 63% 63% 63 Va 63% 63% 64 24% 24% 24% 24% 25 24% 25% 24% 25% 134% 135% 135% 135% ♦21 21% 21'A *43% 44 44 44 1 5% 14% 14% 14% 14% 8% 8% 8% 8% Leaf Tobacco 4%% No par 2.50 Co 10 Inc Co 10 100 Corp of America 20 Chemical 2.50 Co Oct 6 Dec 94 May 85% Mar 5 89 Feb 10 Feb 95 Jun 65% Jan 5 90 Feb 33% Dec 48% Jun 33% Jun 17 41% Oct 28 Victor Chemical Workf common—S Otf l/ct 96% 91 Jan 7 99% Oct 28 5 Jun 0 3%% preferred 100 Va-Carolina Chemical com—No par 82% Jun 17 15% Jan 3 15 Vo Deo 28% 39% Dec 23 .< 19% Oct 113% Jun 29 Jun 27 14 23% July 14 32% Jan 12 14% Jan i 3 Jun 28 Feb 118 July 18 Pacific Ry com_100 preferred 100 Vicks Shreve & 5% non-cum 6% dlv partlc preferred preferred. Va Iron Coal & Coke 4% pfd Virginian Not 29% July 27 33% Apr 24% Dec 39% Apr 25% Jun 14 33% Oct 25% Dec 32% Jan 23% Mar 5 30% Apr 29 Apr 32% Jan 30 Mar 10 32 67% Aug 12% Dec 66 Jan 45 Jun 6 60% Jan 28 Wabash RR 4%% 15% Jan 12 Jun 30 13 Waldorf System 28 35% Jun 25% Jun 13 14% Sep 31% Oct May 19 1 21% Jun 105% Oct 19 Walgreen Co common— 4% preferred 29% Oct 21 Walker (Hiram) 6% Jun 29 9% Jan 7 15% Oct 13 6 30 Apr 26 21 2| Ry Co common „ 6% preferred Visking Corp (The) Vulcan Detinnlng Co common 7% preferred 38% May 34% May 27 100 10 100 25 Virginia Elec & Pwr Co com $5 24 % ♦162 1 com preferred Raalte * loo Pictures Co Inc Norman Van com.No par preferred 25 *24% *162 165 *58% •19% 25 59% 59% 20'A *24% 10% 25 •24% 165 9% 165 *19% 9% 9% 9% 9% *25% 26 % 25% 25% lOVa 60% 61 61 20 20% 20% 9Vs 9% ♦9 26% 100 17,500 62% 305 20% 800 9'A 9% 1,700 •25% 26% 200 20 % 9% 26 26 1,200 10% 11% 11% 11 Ve 11% 11 Va 11% 11% 11% 11% 11% 4,600 23% 23% 23% 23% 23% *23% 24% 23% 23% 1,400 92% *91 92% •90 92% 93 •90 93 *90 93 39% "39% 39% <39% 40% 41 41% ♦99 99% 99% 93 *90 24 165 9% 10% *25% 16,300 61% 10 Va •90 93 ♦90 92% *90 93 *90 24 *1C4 24% 165 165 400 8% 23% 11% 23% / 39% 15 8% 20 20 9% 11% *23 *14% 8% 24% 24% 165 10 GO 20% *19% CO 14% 8% 600 26 60% 10 Va 59% *25 14% 8% 6,800 3% 26 *25 15 200 90 3'A 3% 230 44% *88 Va 90 3% 3% 25% 25 26% 9% •26 3% 3% 27 •162 165 10 10% 3'/a *25% •88 Va SO ♦14% 8% 3% 11 11 Va ♦88 Va 8% 86 117% 90 14% 85% Jan 300 11'A 2,900 8% Vertlentes-Camaguey Sugar C©__©% Not 5% 11% *J4% Vlck 14% 5% 11 Va i 6 109 5% l 19 21 *5% *3% Oct Jan 6 *25% 26 118 *43% 11 Va 11% *89% 20% 44 Va 3% 13% Jan Feb *11 Va 21% 43% 26% 18 93 11% 27 2,600 V. 21 21 44 *5% 6 91 •89% l.ioo r 21% 21% 44 •5% 5% 1,700 110,500 •43% 21 Va 3% 14 21 11% 90 90 21% *43% 136 X136 137 *25 % Vanadium 11% Jan 5% 11% 11 5% 137 136 % 2 Feb Apr 14% July 124% July 18% May 136 21% 25 No pai com.., 10 7% Mar 135 33 38 Va 50 8% 9.200 39% 64% 24% 37% •90 93 *90 93 *90 39% 39 39 39% 3,800 99% ♦98 7% •98% 99 V2 *98% 99% *98% 99% 99% 10 7% 7% 7% 7% 7% 7% 7% 7% -7% 7% 7% 5,800 87% 88% 88% 88% 87% 88% 3,000 19% 11.400 88% 18% 18% 18% 18% 18% 19 115% 19 19 87 90 89 92% 92 115% 115% 115% *115% 116 18% *18% 20 *18% 20 *18% 20 *18% 20 29 •28% 29 ♦28% 23 *28% 29 ♦28% 29 33 32% 33 Va 32% 31% 32 115% 115% *18% 19% 18% -28% 28% *28% *32% 33 *32% 18% 116 18% 18% 116 11G 116 32% 32 32% 33% 580 10 . 100 • 1,700 33% 33% 33% 28% •27%' 28% •27% 28% *27% 28 27% 27% 27 Va 27% 31 •30 31 •30% 31 *30% 31 30% 30% 30 30 100 _No par —No par •47% 49% *47% 49% *47% 49% •48 49 lA 49'A ♦48 •13% 14% *13% 14 •13% •29% 30% 30% 100 *104% 105% *104% No par 29% 29% 900 33% *27% •30 • 20 *> 20 1,190 33% preferred Stockyards Corp— Universal , 118% 117% 64 non-cum Universal 35 y4 117% 64% 135 Tobacco Co Van I 34% 117% 37% 20% Jun 3 25% 118% •- 10,200 24% 15% May 29% Jan Jan 34% 117% 92 35% 35 64% 26% May Dec 34% •91% 92 4,900 27'/a 26% 26% *91% 92 118% 33% 118 Universal Laboratories Inc , 26 26% *91% Shares t per share $ per shore share 25% 92 24'/« Feb 19% 26 the Week 50 cum common preferred 11% 25 t per 25% *91% *34% 12V♦ July 21% $ per share V 26 91 for Sales Friday Oct. 28 Oct. 27 Oct. 26 No par rtei he Mib preferred Corp 25% Apr 25 May 13 25% 91 Thnrsday Wednesday Universal-Cyclops Steel Corp.. 14 10 43% Jan May 42 17 Mar t per share 26 100 preferred PRICES Oct. 25 10 United Wall Paper Inc common 4% conv preferred 9% Sep 29 25% Sep 2 3% Feb 25 1st SALE Tuesday Oct. 24 91% 26 HIGH AND Monday f per share *91 United Stores $4.20 non-c 2d pfd__5 $6 conv preferred No par 7 4 1 100 common Steel United 17 4 2%.Jun 29 Co non-cum 7% 8 21 S U S 5- 34 Dec Rubber 8 7% 'Sep 28 Dec 2% 22 Par Plywood Corp common pld series A 7% U 21% May 19 44% Sep 2 6 :Oct li 38% Jan 3 4% Feb 24 ' U S Smelting JL8 27 140% oan S 8% Mar 17 72 8 18% Jan ItdU O 21 46 % Apr Saturday Oct. VI 3%% 26 Jan 25% Oct 20% Jun 13 129% Jan 133 3 U 18 Aug 11 92 Apr Oct share 27% Oct 3 29 31% Aug 12 112% Jun 13 33% Oct 4 May 49% May Dec < per 8 per share Dec 86 1 " Monday, October 31, 1949 RECORD LOW STOCK YORK EXCHANGE Highest Lowest Highest 22 Vs 121 NEW Range Since Jan. 1 Year 1948 I per share STOCK CHRONICLE STOCKS Range for Previous Lowest FINANCIAL & *32% 32% 32 Vs 32% 32% 33 33 60 2.880 W Dec 100% .'■< 105 Apr Aug 27% May *18% Mar 8% Feb 13% May 16% July 10% Mar *83% Mar 101 9% Nov Jun 101 *12 Jun 14 97 *87% Jun 14 9% Jan 3 14 May Nov 32 Jan *18% Nov 34% May 14 20% Jan 27 Va Aug 12% Dec 20% May 11% Jun 16% Dec 22 Sep Dec 30% Jan 18% Jun Oct 3 Walworth 5%% Warren Foundry 7 Warren Jun 14 22% Jan 23% Jun 27 25 Jan 11 Washington 14 14% Sep 14 Waukesha 27 Wayne 26 3% Jan 3 6% Oct 5 Webster *19% Jun 13 27% Jan 7 Wesson *80 Nov 86% July 13 84'A Oct 18 23 Va Jan 21 22% Oct 14 ' ' l*% Jiuy 100% 113 Not 107 Oct Jun Jun H 16% Sep 29 -ntTT MS ...... 13% 105% 16% Jun 26% May 19% Mar 14% Jan Apr 18 104% Sep 30 101% May — 10% Apr 22% Feb 51% 10p% Feb 110% Jun 104 40 5,800 8Va 73A 8'A 5,300 8 1,400 14% 15 15 15 15 14% 15 14% 14% 95% 95% 95% 95 953/8 94% 94% 953/8 95% 12% 13'A 13 133/s 13% 13% 13% 14 13% 14 No pai 24% 24% 24 24 24 24 *24% 243/a 24% 24% 24 Vs 24% 1,700 20 7,000 3 19% *24 Va Corp — Mills 1 r~l — ♦14% 19% 193/a 19 Va 19% 19% 19% 19% 24% 24% 24% 24% 24 Vs 24% *24 Va 13% 13% 14 M 21% 213/fl 21% 23 19% 19% 19% 24% *24% 24 Va 13% 13% 13% 13% 14 •20 Va 20% 20% 20 Va 21% 15% *15 Va 15% 15% 15% .•> 14 213A 500 24'/4 13% 14 1.900 22 % , 16 Va 16 163/s 15% 15% 320 109,600 23 2,400 16 2,600 16 —» *5% 5% 5% 5% *5% 5% 5% 5% 5% 5% 5% 5% 1,700 Snowdrift com—2JC 21% 21% 21% 21% 21% 213A 21% 22'A 22% 22% 22% 22% 4,700 preferred West Indies Sugar Oon> West Kentucky Coal Co No par ' 4 *03% 84 83% 83% 83 83% 83% 83'A 83 83% 83 83 18% 18% 19 19 19% 19 193/a 19% 19% 19% 193/a $4 Inc Tobacco Oil & conv West Penn Elec West Penn Power 4%% 4.20% Co _Nu com.. pfd series preferred 14 Oct 20 West Va Pulp & 25 4% % 100 100 1 Paper com__No par 106 preferred 18% 19% 105% *105 103 * 105% 105% 1053A *105 % 107 *105% 105 Va 106 *105 106 1053/4 13% 14 14 14 14% 46 453A 46 45% 46 14 44% 44% 45 ♦105 45% 13% *45% 108 103 24 *108 23% 109 113 114 113 108 108% 108 107 18% 14,800 21,300 310 114% 30 106 *105 105% 70 14 14 Ve 4,900 453A 1053A 108 1G0 5,500 24 18% 23% 1133/4 105 Va 13% 108 19% 24 114 23% 113% 13% , 18% 183/4 24 23% *112% 13% 108 18% 193/a 24 113 105% 112'A *105% 17% 23% 112 Va 23% *111% 19% 19% 20 23% 106 B 108% Jan May 12 8'A 8% 8% 1,500 29% 12 Va 20 46 7% 1; 29 29% 29 29% 106% 95 Sep 35% Jun 14 28% • ' 30 ♦105 106 95 H%Jan 106 7% 1,000 14 ' •105 105 *293/4 13 4.10% preferred series C West Virginia fcoal & Coke 4 Jun 26 108% Jan 2 13% Mar Oct 38% 24% Aug 10 114% Oct 28 3 107 29% 49% 14 14 30% .......—5 Wayne Pump Co 16% Oct 6% May 104% 13% •293/4 14% Gas Light Co—No pai Co —i Motor Knitting 34% Aug 78 14% 104% 29 29% 7% 30% 104% 106 •48 14 30 30 30% 95 & Pipe Petroleum Sep Jan 1 14 14 30% 29 7% 100 Pictures.,.. 1 25% Feb Oct 7% preferred Dec 3% No par Bros 26 .13 G & W Co 22 23 preferred Ward Eaking Co common Warner Oct 14 16% Feb 10 11% Apr 21 22 5 453A 1,900 105% •105 120 109 P, STOCKS Range for Previous LOW AND HIGH SALE PRICES , ' Tear 1947 Lowest S per share $ per share Lowest Nov 10% May Dec 46 % May 7% Mai 21 Sep 8 20 Jun 13 53% Jun 6 25% Not 58% Dec 74% July 15 Dec 26 29% Not 39% 23% Dec 85% Feb 91% Feb 25 Dec 80 Jun 8 Jan 24 «8% Jan 26 18% Oct 27 May 31 21% Jun 7 14Jan 13 20% May 31 29'A Oct 26 Oct 27 9% Feb » 18% Jan 3 Feb - 31% Nov 28% Feb 8 l%b 19% Jun lis 6% Mar ^ 4% Jun *42% Jun 22 8% Jun 15 10% Not 89 Dec 88% 12% Dec 19 Jan 14% 125 Dec 18 Jun Dec *138 Jan 17% May Jan 70 '10 128 Jan 37% Oct 22 Jun 2 49% Jun 44 138 4 Feb Not Sep 27 25% May Dec 81% Not 94 58 Jan Feb May 96% July 69 July 11% 11% Jun Sep 34% Jah 14 *59% Feb 24 64 Jun 10 16% Oct 27 Oct 27 72 72% Apr 7 Jan 10 68 Feb 23 79 66 Feb 78% Sep 2 12% Oct 27 9 8% Feb 25 Jun .:/r Dec 04% Jan 10% Feb Dee 48 May 10% Feb 24 €5% Dec 89% 13% Dee 19% Jun 10 16% May 37 19% Feb 3% Dee *Bld TCash and sale, 8 24 Jan 20 12% Jan 7 39% Jan $5 conv Oct 16%4lh 26% Oct 19, Oct 53% Jim 13 10% Jun 28 74 20% July 12 July prices; sSpecial 3% Feb no sales, sales on wdWhen 27% 65% 65 % 66 66 68 68 *65% 67% 400 *64% 65% . Oil 17% 17% 17% 17% 17% 18% 18% 18% 17% 18% 22,300 26'A 25% 26% 2G% 26% 26% 26% 26% 26% 26% 10.300 29% 41,500 29 101% 25 % 25% 25% 26 *27% 28% 28% 28'A *13% 14 13% ) ♦27'A 27% *32% 33% com 115 *113 115 *113 99% 99% 150 102% 101% 101% 200 *25% 26 Va *25% 26% 400 100 26% 100 *113 115 <113 115 29 Va 29% *101% 99 Va 102 115 115 *113 3,166 39 39 39% 39% 39% 78% 78% 79 % * 80 80 28% 30% 30% 30% 13% 13% 14 13% 14 27 Va 27% 27 27% 27% 27% 27% 27% 32% 33'A 32% 33% *33 Va 33% 33% 33% 13 Va 12% 13 5% 5Va 5% 8,300 52% 52% 2,800 11% 8,300 38% 38% 38% •78 *78 78% X30% 14Va *11% 11% 11% 12% 12% 12% 12% 12% X12% 5% 5'A 5 Va 5% 5 % 5% 5Va 5% 5% *52% 52 % 52% 53 39% 39 : 80 80 31 30 30% 5,600 14% 14 14 Va 5,900 26% 27 3,700 33% 33% 52% 210 200 9,100 53 % 52% 52% 52% 52 % 11% 11% 11% 11% 11% 11% 11% 11% 11% No par *75% 77% ♦75% 77% 77% 77% 77% 77% 78 16 *10% 10% *10% 10% ♦10% 10% *10% 10% *10% 10% 10% 10% 200 ..10 19 y8 19 % 19% 19% 19% 19% 19% 19% 19% 19% 19% 6,800 No pai common Wisconsin Elec Power Co (F 101% 25% 38% Willys-Overland Motors com 1 ; $4.50 cenv pfd series A_._Noptt Woolworth *101% 78% I 6% preferred Woodward Iron 26% 29 29% 28% 29 101 % *38 % Co 700 1,300 17 Va *78 preference . 26% *113 Co 7% 17 No pa: 88) 7% 26% 100 No par .... com -.150 ♦138 143 *138 19 %' *138 143 *138 143 12 1 78 143 11% *78 79 ♦138 300 143 *138 143 10 *28% 29% 29% 30% 30% 31 31 31% 31% 32 32 32% 1.800 II *45% 46 46 46% 46 46% 46% 46% 46% 46% 46% 46% 10,700 16% 8.300 ~ ' Co W) Co Worthlngton Pump & Machinery common No Prior pfd 4%% series Prior pfd 4%% conv series Wright Aeronautical No Wrlgley (Wm) Jr (Del) No Wyandotte Worsted Co Tale Tork ft Towne Corp par 16% 16% 16% 72 *71 72 74 *72% 73% 79 76 Va 76'/a 10 75% 75% 75% 75% 1,200 11% 12 12% 12 % 12% 10,100 23% 23 23% 22% 23 Vs 16% 6 9'A 69% 69 % 72 */a 72% 72 Va ♦72% 76 *73% 76% *73% 78 •75 75 74% 75 11% 11% 22% 16 69 Va •68 *71 72% 71 par *74 76 pat *74% 75% 74% 74% 74% • 11% 11% •11% 11% 11% 22% 22% 22% 22% ♦73% ■ 16% 16% *68% *71 Va 16% *68 10# ' 70 16% 69% 72 16% 10V Mfg Co 16% 110 80 , 10% 11 36% 363/4 26 26 25% 26 25 Va 25% 1,800 68% 70 69 69% 68% 69'A 7.800 12 12 12Va 12% 12'A 12 12 Va 2.500 28% 28% 29 29% 29 y8 29% 28% 29 3,300 4% 4% 4% 4% 4% 4% 10% 11 36% 363/a *36% 3,6% Young (L A) Spring & Wire.No Par Youngstown Sheet & Tube_r_No par 26 26 253A 25% 25% 253A 67 Va 67 »A 67% 67% 68 69 Va No pa* 12 Vs 12% 11% 12Ve 11% —NO pu 1 •28 Va 28% 28% 26 % 4% 4% 4% 4% 6 Youngstown Steel Door 7 Zenith 4% Oct 13 Zonlte Radio corp.._ Products Corp day.- tin receivership, or petition has been filed for company's reorganization. xEx-dlvldend. yEx-rlghts. . 2,500 11 10% 11 10% 37% 28 distributed, 22% 36% 10% 10% 36% preferred Jan Jan 22% 1 80 common ccnv 32 this X27% 65% 20 pref Mfg (The 14% Jan 9 27% *63 1 prior Sewing Machine Prior Wilcox 18 17» 27% 7% <•• 13 6% May asked Jun ■ 30% tyfey 13 *19% May 35 2 10 49% July 29 27% 27 % *25% 13% Jan 17 19% Oct 26 28 27% *26% *25'A Jun . 27% 27% *101% $4.25 preferred Wilson-Jones Co 14% Jan 14 27% *26% —12.BO Wilson & Co Inc 6 26 99 Va 12% Mar 10 2 *25 *101% 79 41% £62 13 26 98% Jun 2l Apr 26 28% White 56% Jan < 25% 25% 98% Motor 8 25% 25% 99 White 7% Jan 25 26 29 29% Sep 33% Oct 6 May 65% May 5,000 25 *25 98% Dental 5 11% 28% White 23 11% 99 Oct 27 Xl3% Oct 27 7% May 31 12 29 Va 16% Mar 30 13 11% 11% 102 Wheeling & Lake Erie Ry Wheeling Steel Corp com 12% Jun 12 11'A *98% 12 2 5,600 11% 11% 100 114% Sep 102 July 57% Oct 21.200 11 % 11 Va 20C Mar 30 115 Shares . 7% 37% A Instrument $ per share 37 pfd series B Elec for the Week 38 11 Va 12% $ per share 7% 7% pfd com Sales F-id"V Oct. 28 Oct. 27 $ per share 7% 34% 3.80% Weston 24% May 22% July 32 Electric V; v t Thursday 37% 7 Vs 34% 3%% series f 38 7% 34% 106 rv 35 7% 34% Western Union Teleg class A_No pu Air Brake.-. JSfo par Westlnghouse Westingnouse $ per share $ per share 7Ve 34% 130 Wednesday Oct. 26 106 A r: Oct. 25 34% No par 11 Dec Mar series $ per share J Tuesday Oct. 24 10 com 26% Jan 31 8 Preferred RR 7 23% Mar 60% Mar Pacific 21% Jun Aug 11 Jan Dec Western Monday 7Va 104 27% 13% Inc Supply Co Western Maryland Ry com 4% non-cum 2nd pfd 100 Feb 08% Lines 3 48% Jan 27 99% Jail 12 Mai Auto 15 29% Jun 13 71 July 5 51 Air Western 98% Feb Jan 9 Par Western 90% Jun 92 27 % Saturday Oct. 22 Juu 13% 1 STOCK 40% Jun Mai 23 13 May 12% Jan 20 30 33% Jun Mar 83 7% Apr 11 41% Mar 12 29% Apr 95% Apr 101% Jan 37 Feb 24 32% May 23 8% Feb 24 16% July 38% July 36% May YORK EXCHANGE $ per share $ per share 0% 5 NEW Highest 34% 22% Mar Jan. 1 Range since ' Highest , ([Effective Sept. . . 23, *36% • 4% was name . . - changed to , / Shell , 10% 11 *36% 37 OH" Co. a ' .1 - 4% Deferred 4,100 200 5,000 delivery. ■' Volume 170 ■* ?*; Number- 4851 S&: - THE COMMERCIAL BondRecord & FINANCIAL italic letters In the column -r Year 1948 Range Blnee Jan. 1 Lowest • 8ep 105.28 Mar Sep 108:28 May • 102.22 Feb 102.23 Sep 102.23 8ep 101.11 101.19 Jun 102.31 Jan 14 Feb 3 102.31 Jan 104.9 fi 100.25 Jan Jan 100.26 Apr 100.23 Sep 100.24 Sep 101.12 Feb 9 Jun 101.7 Feb 7 103.2 Aug 2 6 101.28 Jun 30 102.1 Mar 103.8 July 25 100.16 Sep 101.12 100.7 Oct 100.27 May 102.26 May 100.18 Jan' 100.23 100.28 Jun Jun 104.15 Oct 103.8 14 102.13 July 102.30 Feb 9 Mar 100.4 May 100.13 Jan 20 100 Mar 100.2 Feb 100.9 101.13 Mar 100.31 Sep 100.30 Sep 101.19 100.16 24 Aug 105.4 8 Aug 10 102.30 Sep --v r'-——"— ... 101J Jan 26 9 Jan Si 101.1 101.lt Pah July 101.18 Feb » • Z Apr Monday: Tuesday Oct. 24 V .... Thursday Wednesday . / Oct. 26- Low Oct. 23 ; —Friday ■ Oct. 27 Higti „ - the Week ♦100.11 100.12 *100.11 100.12 ♦100.11 100.12 ♦100.10 100.11 ♦1Q4.2 104.4 •104.2 104.4 *104.2 104.4 •104.3 104.5 •104.3 104.5 *104.3 104.5 ♦109.5 109.9 •109.5 109.9 •109.6 109.10 ♦109.6 109:10 *109.10 109:14 *109.8 109.12 1954 / Low High Low v High * •. Law •■ham-' High f 100:11 *•100.10 , Bonds (t) High -*100:10 100.11 *103.3- 103.5 *103.3 103.6- ♦103.3 103.5 ♦103.3 103.5 ♦103.3 103.5 *103.3 103.5 *110.10 110.14 *110.10 110.14 *110.12 110.16 ♦110,14 110.18 *110.16 110.20 *110.14 110.18 1958- 1963 *111.14 111.18 •111.14 111.18 *111.16 111.20 ♦111.18 111.22 *111.20 111.24 *111.18 111.22 1960 1965 *112.31 113.3 *113.1 113.5 *113.2 113.6 •113.6 113.10 *113.10 113.14 *113.8 113.12 1949 - Sales far - Oct. 28 - «a«erl> 1953 *100.8 100.9 *100.8 100.9 *100.8 100.9 *100.8 100.9 ♦100.7 100.8 *100.8 *101.16 101.18 *101.16 101.18 *101.16 101.18 •101,16 101.18 *101.15 101.17 *103.2 103.4 *103.1 100.9 .1950-1962 ♦103.2 103.4 ♦103.2 103.4 103.3 *103.1 -1956-1958 *106.1 1G&3 *106.1 106.3 *106.2 106.4 ♦106.3 106.5 *106.6 106.8 *106.5 106.7 1962-1967 ♦105.3 105.5 *105.3 105.5 *105.4 105.6 *105.5 105.7 ♦105.6 105.8 *105.4 105.6 1963-1968 *104.14 104.16 *104.14 104.16 *104.15 104.17 ♦104.15 104.17 ♦104.17 104.19 *104.15 1C4.17 ♦104.5 1952-1954 Jun 1964-1969 *104.3 *101.15 *101.17 *103 103.3 103.2 104.5 *104.3 104.5 *104.3 104.5 ♦104.4 104.6 104.7 *104.4 Dec 1964-1969 *103.30 104 ♦103.30 104 *103.30 104 ♦103.31 104.1 *104.1 104.3 *103.31 104.1 1965-1970 *103.25 103.27 ♦103.25 103.27 *103.25 103.27 *103.26 103.28 ♦103.28 103.30 *103.27 103.29 •103.25 104.6 1966-1971 *103.23 103-25 *103.23 103.25 ♦103.23 103.25 *103.24 103.26 *103.26 103.28 _Jun 1967-1972 *102.31 103.1 *103 103.2 *103.1 103.3 ♦103.2 103.4 *103.4 103.6 *103.2 103.4 -Sep 1967-1972 *105.18 105.20 *105.18 105.20 *105.19 105.21 *105.20 105.22 *105.22 105.24 *105.21 105.23 -Dec 1967-1972 •103 103.2 *103 103.2 *103.1 103.3 *103.2 103.4 *103.4 103.6 *103.2 103.4 I ' 103.27 —1951-1953 *102.31 103.1 •102.31 103.1 *102.31 103.1 ♦102.31 103.1 *102.31 103.1 1952-1955 *102.18 102.20 *102.18 102.20 *102.18 102.20 *102.18 102.20 *102.18 102.20 *102.18 102.20 .....1954-1956 *105.24 105.28 ♦105.24 105.28 *105.24 105.28 *105.26 105.30! *105.26 105.30 *105.26 105.30 — — 2V*s *102.31 103.1 1956-1959 *104.22 104.24 ♦104.22 104.24 *104.23 104.25 *104.24 104.26 *104.26 104.28 r *104.25 2% s 2 %s ._Jun 1959-1962 *102.26 102.28 ♦102.26 102.28 ♦102.26 102.28 102.27 102.27 *102.28 102.30 *102.28 ..Dec 1959-1962 •102.25 102.27 *102.25 102.27 *102.25 102.27 ♦102.26 102.28 ♦102.27 102.29 *102.26 102.28 2s -Dec 1949-1951 •100.6 100.7 *100.6 100.7 ♦100.6 100.7 ♦100.6 100.7 ♦100.6 100.7 *100.6 100.7 2s ,_Mar 1950-1952 *100.12 100.12 Treasury 2s Treasury 2s Treasury 2s Treasury 2s Treasury 2» Treasury 2s 14 100.21 Feb Sep 28 Jun i \V 1956- 1959 2y»s Treasury Treasury Treasury ^Treasury Treasury 20 101.3 9 101.18 July Oct . Irwi 1951 Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2V2s Treasury 2y,s Treasury 2%s Treasury 2%s _ X01.26 May 100.7 ; July 25 103 101.14 Sep 100.17 T®>b, 18 101.13 Jun 100 i point.. Treasury Treasury Treasury Treasury Treasury Treasury 3 100.23 Dee when the bonds mature. J, month a Treasury Treasury 14 Feb Jun 101.7 of 1955- 1960 110.23 Mar 11 101.19 v the case 82d mere 1951- 1956 Treasury 2%a Treasury 2%s Treasury 2%s Treasury 2%s 100.24 Mar Sep er eacn ' Oct. 22 - • 2%s ^Treasury 104.9 100.31 ene In 1949- 1952 Treasury Jan 102.26 May 100.7 Oct YEARLY - Indicate Satorday -i 8TOCK 4Treasnry 3Vs» Treasury 3s __ Sep 101.7 f — 108.13 Jan 36 26 BONDS YORK EXCHANGE 101.11 May 9 — 108.13 dan 110.23 Mar 11 Dec NEW Highest 101.11 May — 106.1 107.4 101.18 "Interest Period" LOW AND HIGH SALE PRICES GOVERNMENT <11 . Highest _ headed FlfnTee after decimal pelnt represent Rente (or Prerleas Leweet 25 New York Stock Exchange^ «» WEEKLY The CHRONICLE Sep 1950-1952 Treasury ... 104.27, 102.30 100.13 *100.12 100.13 ♦100.12 100.13 ♦100.12 100.13 ♦100.11 100.12 *100.11 ♦100.27 100.28 ♦100.27 100.28 ♦100.27 100.28 *100.26 100.27 *100.26 100.27 ♦100.26 100.27 101.17 1951-1953 *101.17 101.19 ♦101.17 101.19 •i.01.17 101.19 ♦101.17 101.19 *101.17 101.18 *101.16 1951-1955 *101.23 101.25 *101.23 101.25 ♦101.23 101.25 *101.23 101.25 *101-23 101.25 *101.22 101.24 102 *101.30 102 *101.30 Jun 1952-1954 ...Dec 1952-1954 International i*102.X H 102 •101.30 102 •101.30 102 ♦101.30 102 # *101.30 *102.7 102.9 > 102.9 ♦102.7 102.9 ♦102.7 102.9 ; •102.7 i 102.9 -*102.7 102.9 __1953-1955 •103.26 103.30 ♦103.26 103.30 ♦103.26 103.30 *103.26 103.30 ♦103.26 103.30 *lu3.26 103.30 1950 ; lV2s *100.15 100.16 *100.15 100.16 *100.15 100.16 ♦100.14 100.15 *100.14 100.15 •100.14 100.15 *100.28 101 - •100.30 101.2 *102.10 102.14 102.14 —1 Bank 5,000 for Reconstruction & Development 94.10 Jan 98.30 May 98.24 Jan 10 94.14 99.30 May 99.11 Jan 5 Jan •Bid 2s due and Dec. asked 15, price. No sales 101.2 transacted 1949-51, called Dec. 15 July 14 102.16 Sep at 100. this a * < 25-year 3s •100.30 101:2 •100.30 101.2 •100.30 101.2 *100.28 101 ♦102.10 102.14 *102.10 102.14 *102.10 •102.10 102.14 tThe following Treasury bonds day. Odd 1957 -1972 10-year 2y<s 2 lot transaction, r are being called Registered bond transaction, for redemption: i >[' ■{ » 102.14 3yas due 1949-52, called Dec. ' ' - - 15 > at 100; 2%s due - < * „ 1949-53, 2,000 Dec.15 >- • , 102.14 called * at lOo] .Vy . RANGE FOR WEEK ENDED OCTOBER 28 -fr:" Friday > B O NO s Interest Last Period - • Week's Ranga V ■: or Friday's Bonds • Sale Price Bid & Asked • Low New York City Transit Unifleatlonlssue-— Low " New York Stock _-Jan..!-'. NOi High ■> Friday". BONDS Range Since Sold High " - -- Interest >■Last Exchange Period Week's Eange - or Friday a 5,1 Bale Price Low -iy.. vS'':.-:.''.'"'t' 3%i Series No. 63% }, - 35fc Oorpw:at», fltork f ■ ,■. ,-y ■'7 > • IStQ yJ-Pf- vj: f 107%. 106 AS ,107 % « ! 40 _ 3-D 63% f :. 3%s Series No. 16 3-D •64% 3%s Series No. i 15 17 3-D 18__ 3-D •63 19____ 10A"* 107% f i-:, 3%a Series No. 23 •63 63% Foreign Securities *63 3-D 3%s Series No. 25 63% 3-D ... __i 59% 60 63% 65 65 65 V. 65% 65 65 58% 63% 60% 65 65 55% 67% 63% 55% 60 70. 63% 57 66 59% *63 3-D High 56 •63- v. 3-D 3%« Series No. 24y-..._ 5 65 3-D 3%s Series No. 22__ Jan. I 58 3-D - ^ .; Low — 3-D 3%s Series No. 20 3%a Series No. 21 m 7 No. •63 3%s Series No. Range Since Sold High 3%a Series No. ; Bonds Bid * Asked 65 65 3%s Series No. 26— Members New York Stock 120 Teletype" Exchange *63 60% 65 3-D 3-D 3%s Series No. 30 3-D RrUbwne (City) a f 5a -? , Broadway, New York 3-D NY 1-1693 Canada 2%s Foreign Gevt. A Municipal Agricultural Mtge Bank AGtd sink fund lAAntioquia 6s (Dept) (City) 8s 1A Chile (Rep) External 1947 1948 Akershus (King of Norway) F-i *71 % A-O 4s 1968 1945 series B 1945 J"J IA External s IA External s f 7s series C 1945 s f D 1945 J-J series 1957 A-O A External f s sec A External sec (City) Australia 7s series 7s AExternal Antwerp 7s 1st 1 7s 2d series__1957 A-O f 7s 3rd series__1957 s s 5s 1958 (Commonwealth) 5s. *45 45% 20-year 3l/2s 20-year 3V2s 15-year 3%s Belgium (Kingom of) External fABrazll 1 s 45% 45% 37% — — 46% 37 > 4 46% 37% f 13 -f; A6s A Extl 46% ' 44% 44% 44% 1' 37% 46% J •45 — 37% 46% 37% 100% — 102% 46 91 y2 92% 23 90% 7. 90% 65 106 97% 103% 36 89% 97% 89 95% 1 J-D 85 % 85 % 86% 17 85% 92% J-D 86 85% 86 24 84 93% 6s 84% 83% 37 82% 93% 110% 110% v 4 102% 113% F- A 1955 J-J 1955 f s sinking fund 6s__ external 8s J-D AExternal s f 6'/2s of 1926 Stamped pursuant to Plan A (Int reduced to 3.375%) 1941 t ♦115 — J-D 1978 A-O 1957 117% A-O •72 1979 115 — A-O A-O s f 6'6s of 1927 (Central Ry) 80 1952 54 ARy external s 1942 •,' " •• 98% ' 98% 99 100}8 ■ 102 V, 102% g-*\ i 20 104% 107% 100% 100% 10 100% 100% ' 36 27% , 53% • — 54 — — 54 ;-W; 12 75% ■■ — 54 *72 J-D 6 75% f. 53% Jan 1961 6s A Extl 27% F-A • Jan 1961 28% 1 :-,i 34% 37 y2 25% 29% 34 37% 11 u' ..f 2 t f *27% •■■ff '** J-J 37 • 27% 36 *35% :;W.Z "'-'V 27 27% J-J __ V 1978 3-D 1 60% 75% 56 i- 62 75 i.j; 46 sinking fund 6s Sep 1961 M-J Sep 1961 M-S 1962 A-O 1962 A-O *35%— " V'V' • '• 1 •, -Zw,'- ' 27% • r. ' *35% 27% ■ ' J AExternal sinking fund 6s.. AOs assented Extl f $ « A Chile bonds 2-3s Mortgage Bank fund 27% A-O U-N 1963 Jf-N 1957 36% 3 i' - 25% 29 J-D A 6s 1961 fund 6s._ assented Cons A-O 1962 y u 36 36 Jf-N • ■ (Hukuang Ry) 5s 55% 34% 3 26 29 34% 37 — 26 29 34 • f 5 '-Lfc 29 *27% Jf-N M-S M-S 27% 1951 J-D *3% \ ,rr,. r ' ■ 36 — 1960 'fV-J:'• ' 28Vb 1962 7s 29 29% , 27% •27% *35% 8 52% 2 42% 53% 6R«/a 68 Mi 4 62% J-D J-D 67 J-D 67 J-D 67 No. 2 67 1 57% __ 3%a Series No. 3 3%s Series No: 4 ■ . 3%s Series No. 5— J-D 3%i Series No. 8 71 71 3%» Series No. 11 ... *69 J-D *63 3%s Series No. 12 3%s Series No. 13 3%s Series No. 14 J-D 8 59 69 69 58% : __ ■ ' ■. 27% ;:;v. 4% 71 70 73 72: • 62% 63% 5 —- - SECURITIES r.ABL mams 4 r.o. i»c. J. /A 73 58% 73 60% 73 64 58% 65 65 65 58 65 65 59 65 63% 55% 66 63% : 1. > FOmGN SECURITIES SPECIALISTS 50 Broad St.> New York 4, N, Y, Telephone IIAnover 2-0060 26% 29 • 37% 26 29 , ' FIRM TRADING MARKETS : 36 Va 35% __ 69 74% : J-D 29 14 57% „ *63 J-D page " 67 *69 J-D ; 67 " ♦„ J-D 3%s Series No. 10_ see 67 *66'/a J-D 3%s Series No. 9_ For footnotes 66 J-D 3%s Series No. 7 FOREIGN 37% 29 35% ■ - 69 -i: % 26 71 67 For Financial Institution9 30% 26 25 •"'I 40 •35% '——V. 1960 Munlc assented A Chinese •27% ; A-O "■ 34% 3 58 - *35% J-D 1961 27% 'viyfyidm'Lyr" * __ i 27% 26% •35% J-D 1961 assented 26 27% 25% ' ; " 52% 3%s Series No. 1_ 29 25% 35% 27% *35% -v'' J-D 1961 fund 6s.. r J-D -1957 A6%s assented 72 l' 3*48 Series 37 3 „ 75 43 6%s_. 6%s AGuaranteed sink 1963 —1993 A6%s assented A Sinking 59 55 funding bonds of 1931 due_1951 Stamped pursuant to Plan A • 37% 29 % 34% ■(-- 55'% 60% 46% —■ $% (Int reduced to 3.375% )__._1979 External $ bonds of 1944 (Plan B)— 29 34% 8 ' AOs assented A7s 61 — 55 55 / 26% 26 i; -27% Stamped pursuant to Plan A (Int reduced to 3.5%) 59 35 25% ' 27% 36 ■ ' 1 ' : 27% 104 y4 54% —— *35% » • m,m* F-A .j- V ♦57 ' ■ A-O 102% 102 35% A-O 101 % 31 106% 107'A .. r!v. 101% 98 2 . '102% M-N 1960 97% 100 1 98 y« ' !' •100% M-N Feb 1961 f A6s assented AOs 121 45% — 54% • — 3-D 1957 54% 6s A 6s assented A Chilean Stamped pursuant to Plan A (Int reduced to 3.375% )____1979 AExternal — 98 " 1960 AGuaranteed sink (U S of) Z j. j Feb 1961 assented sinking fund AExternal sinking fund 6s._ AOs assented 83 100 Va 100% 92 % J-D 1962 extl f 7s . 65 63% ' 101 3-J 4 46 Va 1966 7s AExternal M-S. 1 't ,« 64% 58 60% 107 V* 1942 s assented , 94 47 1967 Stamped pursuant to Plan A (Int reduced to 3.5%) A7§ 3 ' F -A 1957 r 44% v .10-year 3y*s 62 81 37% 18 46 44 y2 J-D 1955 1956 10-year 3'As 62 94 45% 44% * A-O external ; V 94 45 45% 3-J IA External f iA7a 72 J-.T ..1954 59 65 65 " J-J 7s 70" *71 M-9 A coll (25-year) A-O 1974 3%s vlll J-D 1960 4s .0. F-A 1950 of) Jf-B 1958 Acauftbaa (Colombia}— IAOtd sink fund 6s 65- 1961 (Dominion **ar *63 *63 1957 Sinking fund gold 5s Sinking fund gold 6s *>" ' 65 3%J Series No. 29 Telephone 56% 3%s Series No. 28 REctor 2-2300 *63 3%4 Series No. 27 Wertheim & Co. 3-D • Teletype NY 1-971 4% 7% 26 NEW RANGE FOR WEEK Friday 5 Interest BONDS Period New York Stock Exchange ENDED OCTOBER 28 Friday Week's Range Last or Friday's Bid & Asked Sale Price Low High ■} Bonds ; A6s of 1928 Oct 3961 A-O *77 Jan 1961 J-J *77 70 3s external s f $ bonds ,1970 IA Colombia Mtge Bank 6'As.. .^1947 SAfiinking fund 7s of 1926 „1946 SASinklng fund 7s of 1927 ..1947 Copenhagen (City) 5s ._._1952 25-year gold 4'A 3— 1953 ACosta Rica (Rep of) 7s__ ..-1951 ; (Republic of) Czechoslovakia 80 Vi A 6b extl 41% 12 47 84 (Int 74 Vi 46 63% 10 12% 113% 104% 109 Vi ASilesia (int reduced 6%) extended to 1960 lAOenmark 20-year extl 6s... 1942 External gold 5%S -.,1955 External gold 4%s_ 1962 Salvador extl J-J 91 Vi F-A 89% A-O" 89 Vi 76% 76% 81 % 74% 77% 33 *72 75% 71 77 j-j *55 58 55 $—— Jan 1,1976 j-j *47% 49 45 1967 j-j ♦12 1949 ms 1964 M-N 9 part paid. A6s part paid—. Helsingiors (City) ext 6 Vis 1968 1977 j-j Italy j-j 33 Vi 1947 fund of A4Vis * * j-j .1946 1922 readjustment——1979 M-N conversion— A 4s —1979 New ass'td — 59 79 M-N ► II 70 81 6 14 87 V j-j *75 f-a *7 *6 82 7 ; 85 89 a,4 79 10 f-A ' 86 V% Yt 88 81% 2 81 1958 AAdriatic Electric Co 7s Great Southern Alabama Power 1st 18 393/4 16% 37 50% 16% 37 27% 52% 2%s 60 2%s 11% 2%s 46% 2%s conv 2%s 2%s 2%s conv 3%s 3%s conv 33% 88 57 57% "9 10% 5 44% 5 '■ ■ 1 - 28'/a 7 37% 99% 100% 100'% 100 Vi American (assented ' 90 93/. 5% „ • 102 ASmall to 1922 deductions 1975 a-o 1936 j-j 1961 j-d debentures 1982 a-o debentures 1987 debentures "7% 8% 11 Vi 7% 94% 100% 12 100 99% 100 96 14 88'A 269 101'% 99 j-d 95 96% 105% 106% 106% 99 101 % 99% 97'% 106% 92 11 100 102 94 108% 101% 101% 107% 108% 26 j-d 237 103 j-d 106% 106% 106% 23 103% 113% 113 113% 463 106% 114 .1959 deb 3s J-D 110% 107% a-0 104 104 25 102% 105 1st gold 4s July 1995 q-j 78 1966 a-o 1995 A-0 debentures '. 104 % 78 78 *70% 78 1 84 ' 81% 92 69 Topeka & Santa Fe— 4s ..July 1 1995 Charlotte Air & Atlantic 11 Coast General Line 3%s 1st ...1963 cons 127 117 127% 116 M-N July 1952 4s 4y2s unified 127 Vs M-N 35 117 122% 128'% 109 30 118'% Ry— M-S A 1964 —1966 Atlantic Refining 2%s debs *102% 103 % 102% 104 % 22 101% 105 Va 97 % 22 93 % 103% 101% 101% 15 99% 102% 102 >/4 102% J-D J-J 95% 97'% 7% 6% 5Vi 5Vi J-J 63 4 . 8% B Baltimore <fe Ohio J-J .1945 ~8 9% ~6% 8 Vi 6 8% 9% *8 J-J 8Vi 9% 1st Ref RR— 4s ser A 5% mtge and (ass'td IIIIIIIH1952 July 1975 (4% B ser contingent int) __July 1975 gen mtge 5% (2% fixed & 3% A-O 86% 86 87 65 80 88 A-O 91'% 91 % 91% 27 83% 95% 49% 63'/b fixed 1% and contingent interest) — G______—due Dec 1 1995 " j-d 59% 58'% 60% 123 10% 11% Series K due Mar 1 2000 M-S 60'% 58 60% 61 49% 62% 11% 10 8% 11% Series M due Mar 1 1996 m-S 60 53% 60% 21 49% 63 50 51 Vi 2 26% 54 y4 j-d 68'% 65'% 68 % 73 59% 73 38 38 May 45% 45 45% 223 39% 52% =■11 A-O " Ref & gen mtge (2%% fixed and 3%% contingent, interest)— J (State)— s f Series 6 Vis iq« Plan~A~"" to f s xr.q 2008 M-S *32 M-S *39 Vi lXt} l0an 34 25% (City) sink fund 4Vis due Dec 1 1995 income Feb 1 2010 39% series 4s 6'western div 1980 A 1st mtge 5% (3%% fxd & 1%% M-S *32 40 25% idsr m-s 96% 96% 5 96 % 18 95% 95% 6 92% 92% 25 F-A ' 1957 A.Q 5s—II1970 92 Vi , j-d 1953 98 A-O ul 96% 99% 97% 80'/a 93 Vi 33 % 83% 93 Vi 92% 88 M-N —1963 : f s J conv Ref 32% 37 - •••-•■ 1957 ___ Bank extl 6% Pgh Lake Erie & West Va— 96% f external A4V2s ^ • —1959 6Vis pursuant to Plan A (Kingdom) 3%___ (Kingdom of) 4Vis 96 3/4 80 V7 cont int»—1980 sec ref 3Vis series B_; — 2.125%)__ 2008 s f 6s lsfc ser s f 6s 2d ser Vis assented I960 1961 Con lien ref f s Beech 96 Bell 4s j-j ; j-j 1951 D ser 4s Creek Extension 1st 3!/2s Telephone of Pa 5s series C 22 94 25% 1960 17% 75 17% 43 17 % 21% 18% -J-J t *12% t *9 to 9% Stamped pursuant to Plan dot reduced to 2.5%) external sink fund ABreda 19 9% Stamped pursuant to 6% 14 external Iqan of 27% 35 «/4 *30Vs 37% 27% 31% 39 46 *38 *36 a-o-- • For footnotes 45 46 ♦44 - 38 38 2 29 33 JJQv 41 41 2 35 41 *29% M-N *38% k. *.. A-O J-J 73 M-N 97% 100% •97% 8 100 % 101 104 83 82'% 101 Vj __ 90 87 101% — — 73 ,• 73 17 70% 83 T4 46% 46% 46% 54 443% 59% M-S *31 F-A J-J -*100 ' . — _ ... 35% 104 »/8 102 102'% 102'A — 3 973% 103% 100'% 100% 35 90'% 100% 102'% 102'% r • loo-1* ; 35% , 103% 100% *104% 105'% —— M-N 1957 modified 4V23_' 1st Terminal Consolidated 1952 Bldgs 5s 58 M-N 14 98 5/8 102 % 52 50% J-J 1960 A-O 1959 :—19.76 gtd 55% * A-O 1955 4s 5s ' Terminal Corp— debentures ■ . ^ 58 102 Va 103 100% v,: 61% 102 99 9 1 105 106'a 12 100 101% 96'A ' . 98 % 106 Vb 106 % -r' . 32 I r Canada Southern National Canadian 24% 32 Guaranteed 39% - - 40 Guaranteed ■ | Guaranteed 34 1 34 2 27 35% » Guaranteed Canadian J-D 33% 33% 3 27% 35% A-O 50% 50% 1 25% 54'% Carolina m-N 67% 67 Vi 5 53 67% Carthage 4% cons *103 M-N ♦103'% gtd 5s A„.1962 a-0 Ry— ' f 91% 1970 F-A 4%s 4y2s 4J/2s 1955 1956 1951 ►53 59 34% 66 33% 56% ■ M-N *53 60 - 104 ,94% 104% 18 113% *105% ■ . *113 115% 10512 103% 112% 113 F-A M-S __ 105 105 111% 113'% 14 105'% 7 99'% 119 Ry—; J-J deb stock (perpetual) Clinchfield & Ohio 4s_—1965 & Adirondack gtd 4s_ 1981 113% 106% 93% 101% *107y8 108% 98% 106% 108% 59'% 57% 98% M-S *50 .j-d °3y4s debs A-0 1965 1960 1960 Celanese Corp 3s debs Celotex Corp 3y4s debs (1947 issue) F-A 1948 J-D 28 Central 41 ^.j 79 66 - J-J • 70% 70% 1 62 *101 104 % )01% 101 101 % 75 *101 F-A 102% 99 y4 103'% 103% 103% 79% 55 VB 67% " IA Cent Branch U P 1st gold 4s ►70 113J/2 lll'/2 105 Ry— . J-J 103 13 60 46 - ►62 99% 102 7 114% 114% J-D 1st mtge M-N __ 99'/b 101 101 J-J 1957 gold gold gold 101 103% > gold 4V2s gold 5s Pacific conv 101 101 A-O J-D _1974 California Elec Power 1st 3s Guaranteed 90 A 2.8%) —...1999 page 29. ;> J-D 1957 1950 see 99'% 105 Va 31% J-D Stamped pursuant to Plan A ■ (Int reduced to 2%) 2012 San Paulo (State of)— 8s 1936 6tmp Jfarsuant to Plan A (Int reduced to 2.5 %_ ,1990 to 24% • A,,/Int reduced t0 2-375^)-—2001 (Int Teduced 13 A-O Stamped pursuant to Plan A Stamped pursuant to Plan 38 *99% ico% 103 'A 104 F-A Co 7s__ Calif Oregon Power 3V8S__:—: A A8s externai 121% 94% 40 31 1966 f__ 119% 102% iooy4100% 100% - A-O 2%s 1952 s 100 C I T Financial '" 1949 —1952 A6Vis extl secured 95 1 35 33% 30% F-A 27 1 2012 8s 15 __ M-N 1954 Bush 40 Plan A Stamped pursuant, to Plan 6 98% 98'% ♦104% J-J ..1968 (Ernesto) Stamped 40 1968 1926 j-j —1950 Bush A-0 • (Int reduced to 2.25%) 2004 7» 1967 stmp pursuant to Plan A • •» " dnt reduced to 2.25%) .—.2004 A Rome (City of) 6 Vis (City) 38 A-0 1999 <Ir,t reduced to 2%).. 80 % 100 120% 120% A-0 M-N F-A Bklyn Union Gas 4s debentures—1969 Gen mtge 2%s 1976 Buffalo Niagara El 1st mtge 2%s_.1975 19 10 A gold 16 82'% *97 *,_. Bristol-Myers Co 3s Debs— Bklyn Union El 1st. gold 5s 15 j-j 2012 Rio Grande do Sul (State of)— |A8a extl loan of 1921.,:. 83 ; *101'/2 16 5% *34 * 2006 2%) 95 10% J-J (City of) 8s—__1946 Stamped pursuant to Plan A reducedto 2.375%) 2001 AExternai sec 6Vis 1953 Stamped pursuant to Plan A (Ifct reduced 80 "/ Buffalo Rochester & Pgh Ry— . ,A« reduced.to 2.25%). 9 83 M-N 14% 15 Ss 1961 IARU» de Janeiro 78 83 83 m-S 6% 12% - 66 Maine RR— 8 —. *9 *16 ——1963 & series AC_— 1967 mtge 5s series II 1955 1st mtge 4%s series JJ—..:—.1961 1st mtge 4s series RR—^ 1960 AInc mtge 4y2s ser A——July 1970 22 21% 9% 33 1st 22 22 x.n 1970 ..1976 1979 mtge 2%s ser J 3s ser K Cons mtge Boston 33 11 21% A-o (City of)— "" stmp jpursuant to Plan A ' (^t wduced to 2.375%)2001 iVts 1966 stmp pursuant to Plan A •f 40 21% --a-o - Cons 103% 21% *9% 74% 71% A-O 1964 f debentures s Bethlehem Steel Corp— Cons mtge 2%s ser I 110 21"% a-o 85 % 60'% 1st mtge 5s 34 21V2 1947 Aink.fund gold 8s.___1950 A4Vis assented 35 1953 7s_... 82 1023% „ *29Vi 22 89 86 — 75% 66 ' 98 J-D 196a Porto Alegre 86 57 67 % j-j 1951 M 1985 1951 ref & stamped 4s i 83 a-0 —.1940 — AStabilization, loan A4Vis assented 102% 102 vi % *37' M-S lAPmand (Rep of) gold 6s - *104% M-s to Plan A to external aS*! i°aQ exU A ,afc j,°an extl 86 i-1 " Stamped pursuant reduced w m-s 1947 <Stete <Rep of) xr j-d 84 66 Bangor & Aroostook RR— 3y4s 1967 • 933/4 1st Panama (Republic)— AStamped assented 5s 19R7 Stamp mod 3%s ext tSI-IHHi994 83'% 66'% 71% j-j Cincinnati division Toledo 81% 98 *95 83% M-N A ser Beneficial Indus Loan 2%s debs—1961 ASao Paulo 100% 1969 3s 11 *5% j-d *="«««smkfund4 . 92 1"*"" reduced to 2.125%)—.2008 A 7a1 85 104% Stamped 11 11 *9Vi (1942 agree 1111963 6%s external A 6s 99% 1973 debentures 1st mortgage 11 *10 I '■Ao dht reduced to 2.125%) * 76 103 1st mtge .Stamped pursuant , 159 1957 debentures Series A Sec external (I!nt 86 % 11% AMilan (City of) . 93'% 93% 14 Atlanta J-J s 100'% 75 Y» 103% 104% 15% 15% \ J-J ASmall Municipal 80'/„ 98% __ 93% 99 ',4 debentures.. General 4s Q-J A6»i,New ass'td (1942 agree)~IIl963 3%s 102'% 66% 75 100 % '84 % 86 f-a Atchison J-J Norway 103% 103% _n 1933 4t.iu *92 104 % 100'% 1 __ *63% *100 M-S 1980 Ann Arbor Q-J * *9% agreement) Stamped Foreign Pow deb 5s_._ 2030 Telephone & Telegraph Co— debentures ASmall Mlnas Geraes j-d *102 y4 -- 57 104% 104% __ 105% 105% a-o , 4% 4% 1945 to 6s of 1913 M-S j-j A P W Products Co 5s ~5 "4V4 1% *5% _ SATreasury a-0 1966 36% *52 *102% a-0 COMPANIES 1962 _• -New ass'td ■ ; -y* M-N 1956 debs.. 3s INDUSTRIAL American Amer Tobacco Co J-J agree—1945 agreement)—... ASmall Airlines AND A-O 4s„1998 Albany & Susquehanna Alleghany & Western 1st gtd Allis-Chalmers Mfg 2s debs M-N 1968 __ 1967 ; A-O II———, agree)"IIl963 (1942 1952 3V4$ 3%s 1972 RR 4y2s„1975 mtge debentures 32 % 33% _____ of 1904 19221 . 130% — 80% 79% 1958 external 7s assented 40 10% agreement) .1954 A4s new ass'td (1942 agree)_1968 |A4s of 1910 (assented to v 79% 1984 readjustment (City) - — 84 91 44% 1922 t; 93 — — 83 33% j-d in:::::.. 1922 ASmali « 11 90 130 *121 *_/ 37% A-O ; due ALarge " 6 ~8 __ F-a extl 15% •;-w— 9% *130% * ,11% 11 90 j-d 33 j-d 1950 ... 1809 ASmall A 5s ' 6 % 11% 5% 11 1978 Alabama ALarge - 79 5% 12 *126 M-N 36% 1954 (1942 agree)—1968 8A6s Assented to , 8'/a M-N 10% 101 % 1943 Large Asman : 8% *3 RAILROAD A . > 1978 A4%s (Republic of)— JA5s of i , f-a 1964 65 53 O O s> 1957 agree—1943 A Small Mexico ~ •, 38 1937)— 12% 5% 15 ■■ j-j: II1951 small ANew assented f 6 24 8% 90 1960 ($ 26 J-J 1952 * Oslo j-d 6s bond M-N j-d 1957 6s fund Amer & (Kingdom of) 7s.. v*a *State Mtge Bk> 7s (Colombia) 6Vis 5A4Vis assented to ♦101 M-S ,,1977 Metropolitan Water Sewerage It Drainage Board 5 Vis Mexican Irrigation— /• 85 8% 8% ,V 3%s " to 3%. : 8 37 Vi 1977 AMedeUln ■?" 55 70 69 8Ve 1958 sink AWarsaw 14 6 68 8 M-N Italian Credit Consortium for Public Works 1% to 3% |A7o series B._ Italian Public Utility— Credit Institute 1 % A External 7s 8 A-O i960 5 9 '♦55 F-A —.I960 Irish Free Sfate extl s i 5s Italian (Republic) extl s f l-3s •*"" 79 ~2 Government— A 7s 1 78% 48 84 - — 104 3/4 101% ♦102 70 1958 7s 3%-4y8-4 ^gs extl conv - 52% 10 13% High 58 .. 75 4-4y4-4%s extl readjustment 61'/2 f a-0 M-N 1962 extl Council 3V2s (Republic) extl 8s External j- J Jan 1,1976 3s A 1962 extl sec 3%-4-4y8s (Republic of)— „Jan 1,1976 Greek 2012 assented—. External t $ s 84 — — (Kingdom)— sink 83% s (Republic of) 7s Republic extl 7s j-j 2%) to AExternai 90 Va 64% f ABstonia *70 1968 AExternai 97% 22 264 92 s extl B iAUruguay 63 50% 55 *51 A-0 3y2s extl French j-j Sydney County to 4s 2004 external (Prov of) A4Vis (State)— Stamped assented El series 24% -107 J-D reduced secured A 7s 79 20 M-S loan dollar A8s 20 M-N 1956 loan—, Serbs Croats & Slovenes ? 73 Vi 74 M-N Jan. 1 Low No. Stamped pursuant to Plan A 47% 68% " — 79'A 49 41% , *47 79 >/« 46 Vi 42% Range Since Sold High (continued)— (State) extl water Stamped pursuant to Plan A (Int reduced to 2.25%) 82*/a "s 35% • — *47 M-N F-A J-D extl—1977 4 Vis '*47 A-O 63 44 43 44 A-0 . a 7s Bonds Bid & Asked Low 82 70 A6s of 1927 Sale Price High Ban Paulo ; Week's Range or Friday's Last Period New York Stock Exchange Jan. i Low' No. Interest BONDS Range Since Sold Colombia (Republic of)— Cuba RECORD BOND YORK Monday, October 31, 1949 FINANCIAL CHRONICLE COMMERCIAL & THE (1718) 41 79 1st of *77'% 79'% 57% 58'/b Georgia Ry— ; mtge 4s ser A AGen mtge 4V2s ser A AGen. mtge 4y2s ser B Central Illinois Light 3%s J-J 1995 Jan 1 2020 Janl 2020 May —1966 A-O 58 May 24 61 39'% 61'% 2 39 39% 17 108% 108% 7 61 37% 108 72 52 103'% /Volume Number 4851 170 the commercial & financial chronicle (1719) 27 NEW YORK BOND RECORD RANGE FOR WEEK ENDED OCTOBER 28 Friday Interest BONDS New York Stock Period Exchange ' .. Week's Range • Last or Sale Price Bonds Range Since High No. Low of N J— Central RR Co . ' ' New York Stock Exchange High -J/ V -I •/ . 1987 Gen mortgage 3%s Central New XorK Power Pacific Central J-J ia<4 3s A-O 39 Vi 38% 39% 318 38'/a Z 7 102% 105% Ry Co— 1974 F-A 102 Vi * 102 Vi 102 Vi 1st mtge 3%s ser B 1968 Champion Paper & Fibre deb 3s—1965 F-A 105 Vi A ser Chesapeake & Ohio Ry— General gold 4%s Ref & Ref 1992 consol gold 4s. , %'162% 195% JSADul So Shore & Atl gold 58: 100 102 DuquCsne Light* Co 2%sl 122% 16 M-N 101 100% 101 Vi 32 97 F-A 101 100% 101% 16 97 3-D 105 Va :105% 105% 15 J- J * J-J *113% 1st & ref 4 Vis series 1st & ref Chicago AGen 1st 1985 . mtge 2%s & 1970 111 Eastern mtge 33/4S 107% 109Vi 113 Vi 109% Z;. 125 5s 1997 inc 4%s mtge 112% Milw 1st St Paul & 1982 ''' 80 J- j ; 69 J-J RR— J-J 4%s inc B__t...,..._Jan 12044 68 16 69% 65 50 50 38% 39'A 2 Z 99 < 58 100 1st mtge 4s series A___ Gen mtge conv 4Vis ser 487/a 48'A '49'AZ 47 47% A__Jan 2019 Chicago St L & New Orleans 138 5s 87»A J-D 1951 J-D 1st mtge 3Vis series F— 1st mtge 27/aS ser G Wqst'n Indiana 1st & ref 4 Vis series D__. 86% --' 101 88% mtge gtd 3%s series E % s ser G— Ice & Fuel 2%s debs City City Investing Cleve Cin ':'y ■ ■■ 101 100% 5 10 ■ 102 68 67 68'A 20 65 105 J-J & St Louis Chic General — A-O 5s Ref & series & —,?z lF-A Div 1st coll 1st —1977^ 4s & 1980 — -- ~~ 72 1 59 'A p 103 • Z'ZZ': 53. Z 52% 8 53% 106'A 106'A 106% M-S — 101 t *99'/a 100% ;UV *103'A — . ' --r 98% 105% A-O Conn Ry & L 1st & ref 4Vis 1951 Conn River Pwr s f 3%s A —1961 Consolidated Cigar Corp 3Vis 1965 F-A York— 100 103% 106% 100% 102% 108% — i J-J 99% 1972 105 '/a 1 11 104 Va 105% 104'A 99% 96 101% *103 1961 45'A A_> 65 »A 104% v:82 ' 91 23 1 99'A 107'A 107% Mobile & Ohio 10 107'A 110% .. inc 5s mtge i 124 118'A 118% 2 120 124 »/a 14 116 118% 95%",, 95% • 12 i 92% 92'A 10 80% 95'A , V i,.'. 1 96'A 65 65 *7% 1973 95% 86'A 92'A 75 80% 20 94% 98 62% 70V4 10% 7 '9 100% 103 Vi 102% 102% J-J A__„__July 2015 ser J-J 8 101'A 101'A mtge inc 4s ser B_^.*..iJan'2044 101'A 7 97 1 60 fl__ 69 'A A-O Apr 1968 ; 69% *99% 58 . , Z Z M-N 102 74 95'A „ -i1' 59 *99 Va; J-J 2%s ___1976 mortgage 3s-—.—1978 M 1st 101 Va 36 ' 48'A 61 10 95% 100 V:, ■' 99% 99% 103 " J-J Z: ,'*103,A 104% 103% 101 A-O ' 104'A h Hackensack Water 1st mtge 2%s__1976 M-a 1999 -1970 J-J *128 129 j-j f 100 100 x.1962 J-D 1957 F-A 67% 66 Va -Feb 1957 A-O 31 31 1st series A f 5s s Hudson & Manhattan AAdj 2%s Corp 1st 5s A income 5s Illinois Bell Telep 2%s series A.--1981 1st mtge 3s series B Illinois Central RR— —^99% 91% "3 91% 91'A 10 9 96% 99% 121V* 99% 127'A lOO'A 95 79 96 68 173 55 69% 32% 204 19% 33% 101'A 101% 20 106'A 106'A 4s 1st gold 3 %s—; 1st gold 1st 3s 1951 I * 4s_ Purchased lines Collateral trust i gold 4S Refunding 5s ' Debenture 4%s u-a *35 M-N 102 Va M-N 107 104'A 1950 J-D J-J ♦100 Omaha F-A 41 100 193 27 103 107'A 78 77 90% j 103% 1 100 100% ♦102 Div 1st gold 3s :__1951 Louisville Div & Term gold 3'As_ 1953 < 101% 67 — 101% 102'/a 106% 107 F-A ( 105% 100 100 iw 103 1953 103 101 102 *102 -1966 - Cairo Bridge gold 4s Litchfield Div 1st gold St Louis Div & Term Gold 1951 3s gold 3s 1951 3'As Springfield 1st gold ( J-J 88% 90% 104'A 101% 101% 100% 99'A 99 Va 99% J-J ♦100'/a 100'A J-J *101 1951 J-J F-A 100 *90 1951 3'As 1st gold 4s Registered 111 Cent and 89% 1951 Div 101% 70 *100% 1955 " , J-J 103 101 M-N 106% 101 '101 A-O 1955 1952 ; 3'As— 102% 97 102% A-O 1952 trust gold 4s Refunding J-J J-J 1951 1951 3 V2S sterling 101' J-D 1951 gold gold J-J 1978 106% 106 Vi 4 102% 106'/a 111% 113 431 105% 113% 101% 103% Ry 4s. ser A Indiana 111 & Iowa 1st gold 4s 20 100 Va 104% ; j 102 101% 101% 103 100 101% Indianapolis Union Ry Co— '102% 104 % 103% 104% 99% 46 Vi J-D 32 Vi 32% ~9 1952 J-J 81 Vi 81% 1 J-J 27% 28% 9 25% 30% 1948 J-D 33 33% 7 29 35 deposit receipt* 1946 J-D *33 30 35 1st mtge 2%s 1975 A-O 1978 J-J *105% 1978 J-D *105% 1965 J-D *101 A-O *103 J-J 102% 102% 94 94 3 99 5 94 93% 103% 95% 43 52 27 36 79 81% Joint 1st 1st & 1st ref Illinois Ref ref series A 5s 4'As ref 1963 J-D 100'A 100% 105 C 1963 J-D 94% Va 95 '/a 25 86 1963 J-D !88Va 88'A 28 78 88'A 1970 J-J *92% 97 91 100% 1950 J-J "99% 101 98 Va 100% 1986 J-D *90 series mtge 4s ser D Terminal & Imp 2'As ser C ^International Great Northern A 1st 6s series 1952 1956 J-J A 1st gold 5s series C— f Alnternat Hydro-Elec deb 6s Int Rys Cent Amer 1st 5s B 95'A 93 —1944 59 78 56 20'A 26'A 71 3 53'A 717/a 72 30 53'A 72 61% 61 Va 61 60% 71 97 J-J i ^ t 97 76% 25 A-O 1956 B 101'A 70% 76% J-J A 1st series Z 92% RR— A AAdjustment 6s series A___July 1952 5s 100 J 94 61 Va A-O 78 88 ,26'A i 71 2 1972 M-N Jamestown Frankl & Clear 1st 4s 1959 J-D Jefsey 1978 M-a 4s_.1990 A-O *78'A J-D 102'A 102'A •• 100 97 d ' 1st mortgage 3s 1st mtge 3s series A Dayton Union Ry 3Vis Deere & Co 2%s debs Delaware Lack Y Lack 1st B __1965 & ref & West & M 5s Delaware 1963 M-N C ser 95 95 95 25 1973 1993 May 1 2042 Light 3s M-N - - '79 80% 73% 87% M-N '51 60 48 687/a ^ M-N 1973 tr 3%s 1977 mtge & coll tr 2%s 1979 62 *105% >.— J-J 21 J-D 1st 60% - A-O coll Rio Grande mtge ser 1 °!o (3% A mtge ser & Salt 1993 ' 69% 105% 106 104 104 10 106 104 104 J-J 93 93 94 26 87 94 ,v 2018 Lake 103 - Power & Lignt 2%s—1976 1978 64'A 96'A 77 1Q2'A Kansas City Terminal Ry 2%s ~ Apr 64% I — 64% 65% 41 81 85 58 67 A-O 1968 1974 1st 3s J-D Kentucky Central gold 4s___,—-1-1987 Kentucky & Indiana Term 4%S—1961 Stamped 1961 1961 4'As unguaranteed Kings County El L & P 6s Koppers Co 1st mtge 3s JAKreuger & Toll 5s ctfs 1961 —1997 1964 1959 96 IOO'A rlOOiV 103- 102'A A-O 1973 Southern Ry mtge 4s ser A 79'A — J-D 1950 mortgage 274s Kansas City 1st 1st gtd gold Plain (4Vi% contingent int) Denver 52% fixed A 101% 102 k Kanawha <fe Mich 1st mtge 3%s series B West RR— contingent int) AIncome : Pow & Lt 27As 103% 96% Central 102 90% division & 10 10 68% 67% 104 % 102 101% 104 1st & 1st 105% Kansas City mtge Denver & 102% 104 __ " 1st . 987/a 102% __ div 4-6s Power 102% 102'A Co— due & Essex Tr RR Western AIncome mtge Morris Coll ser & Hudson 4s extended Delaware N , 104% 101% 100,iff 100% 6 100,7,. 105'A 105'A 17 103'A 105% 99% 104% 104% *■•"99% '103 A-O J-J *•25 J-J *98 114% 115 115 J-J v 50 99 100% 98 108 108 J-J J-J ; -- i *97 __ ' ■ 103% A-O 103'A 12 101% 105 l'/a 1 % 2 120'A 126% 243 107% 103 1 Va M-a 180 173 '180Va 182% A-O 102% 115 35 35 1 Income mtge {3% fixed 1% contingent int) Detroit Edison 3Vis series G j Gen & ref 3s Gen ref 2%s 3s & conv series 29. 71 77% 85 M-S 105% 105% 15 105% 110 J-D 106% 106% 6 104 Va 107 Laclede Gas Light 4%s conv debs—1983 M-S 101 Vi 101 Vi 1 98% 101% Lakefront 1958 debentures Z J-J 1966 1982 series I For footnotes see page 85 1993 1970 H J-D 110% 111 54 105 lA 111% l 1st mtge Dock & RR sf 3%s s?r M-8 Terminal— A__ 1968 J-D ;i23'A ' 't 100% 100 Va A- *101% '• | 101% 102 F-A rj-, 103 ! 100% Chic St L & N O— 113 M-S 98 93 ; 92% 4 96'A ' 65 ■ A-O 1969 Util 124 *78'A i Feb 1959 3%s seris D States 1st 124 118% 103'/a RR—' & ref 4s series B & ref 107% Feb 102 % *44% Dayton Pr & Lt i 59 10 J% 89% j-j R 105% M-N §ADeposit receipts series A deposit rets 59 105 88% J-J 98% J-D §A7Vis 8 A 6s series B 2010 94% 1942 § A Deposit receipts ACuba RR 1st 5s gold 104'/a 103 Va 102% 102% J-J 102% 1966 1st 5 Vis Ry _1982 ~9~ '101% 102 1963 1st P_ Q*.— 20 A-O 1975 102% 101% J-J 106 % J-D 1968 99 102 4f % j-j -2000 N Bay & West deb ctfs ADebentures ctfs B__^ 106% 101 debs Northern 1990 O- 105% 105% J-J 1963 99 M-N 1979 27/8s 101% 5 V- 100% 101% J-D 1972 l?, 9 52%. 53 /Z? If-N mtge Western Lines 101% Gas 2%s 106'A Si A-O . 107 Va 104 103% 105% 105'A *101% 103 u-a E 104 *102 A-O 1982 C 3 —— mtge 3Vis Steel § A Cuba 105% 87% 102 ' , 4%s series D Collateral 106 Z:/Zr 104% 105 —1977 1st & - 103%'104 : u-a Extended 98 ;; ~ 1999 3s 53% 2 -ZZ 106'A 106% Baking 39% 105 5. •105'A 106'A Crucible -ii 108 / 106% F-A J-D 1st mtge 6orp—• 101% 101% 101% — F-A New 89'A 99 ' • 5 — 1978 Natural — M-N ;__1969 1st A-O 1st & ref mtge 2%s ser A 1st & ref mtge 2%s ser B 99% 79% —— *103 Va 1st mtge 2%s_1965 Co F) 101% 102 1973 debentures 72 95'A —— M-S Hocking Valley Ry 1st 4%s___ 104% 1977 Consumers Power *99'A ' 103% M-S 1956 Household Finance 25 105'A 104% 104% ■ 57 80 83 * V-N 1974 deposit 107% 20 105 1st mtge 3s series N Consolidated of 107% 106'/a 106% Z 3s Continental •— J-D -1959 4%S__ 104% 101 'A 107% ,v' 105 104% series L 71 97% 82% 86'A 95% •108% 108% debentures 1st 104'A 97 ♦105 conv 83% 65% 6 95% M-S 3s 79 11 F-A ser (B Hudson Coal Z 107% M-N 1974 mtge 3s V M-S J-J Gulf 96 106% 107% • *105% 106% 1970 1st & ref mtge 2%s ser ref 3s series D • 68% .1951 of M-a 1961 &.Rub 3s debs Coast Collateral trust 3%s 102% Z 62% 87% M-S Sou Ohio El 3 Vis Toledo 1st extl 4s Commonwealth Edison Co— 1st & ref 92 50 ——*.1974 Edison 99 77 & Consolidated 62% • J-J .' Gen 111 54% & Lf 106% 3 Columbus f ^ J-J 1976 1st A— 57% Columbus s 61'A ♦ *81 « J-J 1973 t Gen 102% 82% 57% A-O debentures 15 * A-O 1953 1971 Greyhound Corp .3s debs 103 •"L— 1971 ' 1st mtge 3s 62% J-J 1964 1990 __2000 w 1st 99 1964 debentures 3s 97 Electric Corp— ;/ 3 Vis debentures Columbia Gas System, Inc— 3 Vis debentures 3s "2 '•-' • Corp— 1st mtge & coll tr 4s Gas & 100 102 % Ry— Iron 103 Co— (stamped modified) Fuel Z 10 88 58 106% , A-O Terminals 106'A Jan 2013 AGreen j; ' *78 (Z;- A-O Columbia / 58% A-O 1973 Colorado 102% --Z; Zr.' , 72 „ J-D 1972 gtd 4Vis Southern 106% *— J-J ! —1977 & 101% 96 *83% 72 J-J 1st intge 4Vis series C 4 Vis 104% • — *95 • A-O Colorado 106% 103% vU-""' 2 102% 102% F-A Union 101 102% lb' - 104% 104% *102'A — M -N 1st mtge 5 Vis series A 1st mtge 5s series B__ , ; J-J 1991 1961 Cleveland 101 Va '101 _1952 Gulf J-D 1950 1st 103 A-O 1st & ref 5s series A*—.—— Gen "Ut 29 20 A1 102'/a 102% J-D trust 4s—-1990 Series D 3Vis gtd Cleve Short Line , : :. *110% J-D Cleveland Electric Ilium 3s ——1970 1st mortgage 3s -——1982 Cleveland & Pittsburgh RR— .v; 102% 103 F-A J-D 105'A A-O 3s debentures B Mich Div f-y 105% 103% 103% > Ry— impt 4Vis series E__. Cin Wab St Louis ")• t? 102% J-J 1966 gold 4s General 105 ; 103 M-S 1961 debs 150'A 105 ' ; G— ser 3VoS ser mtge 3Vas ser Gen mtge 2%s ser Gen mtge 2%s ser Gen mtge 2 V»s ■ ser 72% 1993 4s 112% 147% 8 General 5s series C 100% 100 80 1993 Co 110% 3 105% "105 % Grept x>forthern Ry Co— General 5Vis series B 104 70% 1974 '4 150'A 150% General 102'A ■ 18 1969 1st mtge 2 mtge .3VaS cons Goodrich 99'A 71% Cincinnati Union Terminal— 1st i , General Realty's Utilitifes 91% 107% ""' 100% 100% J. — J-J . : A4s conv inc debs 105 161 99'A *102% 103% J-J v __1962 110% 110% 54 J-J Cine Gas & Elec 1st mtge 2%8—1979 "1st mortgage 2%s 1978 102% 59% 71% 1952 100 ir-s Francisco Sugar coll trust 6s 65 --it 1963 49% 1 1965 inc 4%s ser A mtge Gen —_1963 4s conv 46 102% 102% 1965 ACertificates Chicago Union Station— & A 103% J-J ,1994 100% 12 . . M-N Southwestern ,1st .5S; Firestone Tire S'eastern Ry— ref V. 2%-4 Vis-j..——1994 2% -4Vis & IFlorida East 38% 6 ■ 98'A 99.; J-D 1951 — 97 Va 48 'A 48 • Apr 1951 Memphis Dlv 1st gold 4s Chic 65 Va 46 Va | Zv..f ZZ 16 ' 77% 51 48% 155 104% 104% ! ' Gold 3 Vis *86»A '5f;? -7 J-J 87 Vi 100% 100% J-J cons mtge 2s ser H___ Ohio Div 1st mtge 3V*s 94 Vt 96 • 100% J~* F-A 1995 .1st ' —1994 .90 ,. 71 105% 89 'A 87 33 174 47% J-J v 81% 15' 59% " Apr —.,1989 1st - • 96% M-S > -1956 mtge 3'As ser E 1st cons mtge 3VeS ser.F____; 75 45%; 20 86% 59 101% 102 _il970 1st cons 120% .,7 75 56% ;;Z;::-5 Apr Jan 1 1999 67 86% 100 Chicago Rock Island & Pacific Ry— 1st & Gen 46 Va 118 B0 Chicago & North Western Ry— 4 Vis 1 r 39% Apr Income 111 Vi 32 Va 45 —ZZ'r J.J 1994 Chic Terre Hautt 100 79% " 73 Va 64% " 1977 stamped v'Erie Railroad Cb— 101% 94% 67 J-J 4%s inc ser A__Jan 1 2019 ser 68 High 65 *65 J-J *.1937. (NY) 1st cons gold 5s Elgin Joliet & Eastern Ry 3V»s . •v; 34'A ♦120% J- J mtge 4s ser A conv 98% 33% M-N Jan 1 2038 Pac 34 M-N Gen mtge 2nd mtge conv inc 1st mtge 3s ser B 108% 11 99 Vi 100 J- J - Jan. 1 Low 5 • M-N 11961 debs__ East Tenn Va & Ga Dlv 1st 5s 5s 1 *101 F-A Chicago Ind & Louisville Ry— ' i A 1st mtge 4s inc ser A Jan 1983 A 2d mtge 4%s inc ser A_ Jan 2003 Chicago Indiana & Southern 4a 1956 Chic 33 108% 108% F-A , ___1985 Chicago & Erie 1st gold 5s Chicago Gt West 1st 4s series A AGen F-A 111% 112 2.35s Ed El 111 y B ser - 111% 72' ,; 103 Vi 118 RR— inc conv mtge J.J ;_1977 ref mtge 3Vis 1st & B " "72. — No. 103 % 104 % 122 % 124 Chemical El Paso 1958 — ■■ Range Since Sold High 130% 128% 130 Dow Chicago Burlington & Quincy RR— General 4s r Bonds J-D Det Tol & Ironton RR 2%s ser B_il976 99 103 1989 _ -J-D ;__1961 s 128% , Friday's Bid & Asked ■ 22 .1989 imp M 3"Vis series H & A Div 1st cons gold 4s 2d J 1973 Ref & R V *101% 102 Vi'v — M-S 1996 1996 Impt M 3 Vis series D impt M 3 Vis series E & J -J or Sale Price Low Detroit Term <Sc"Tunnel 4%s : 105 Vi 105 Vi 1st & ref 3%s Last Period s Detroit & Mack 1st lien gold 4s___1993 ASecond gold 4s I— __1995 40% 105 Vi 105% -- Interest BONDS./. Jan. 1 Sold , Low Week's Range Friday Friday's Bid & Asked \ '• . 126% NEW YORK BOND RECORD RANGE FOR WEEK Friday Interest BOND 8 :•> . New Terk Stock Kxehaag* , Week's Range Last Per led » _1P7» 86 86 % 81 *' DM JLtTO - ■ 86 J-D 81 81 5 N Y Lack A West 4s series A 96% 74% 15 Low 90% 4Vis kN A let mtge income reg - J-D 1M7 1907 A-O 10 93 % 92% 88 2 94 92% 91 Harlem -ISM M •99% .1964 P-A 81% 81% .1974 atamped Lehigh Val Harbor Term gtd 6a—1964 r-A 75 75 P-A 65% 65% Lehigh Valley By CO NY 4%» eoct_196S Lehigh Valley W 70 stamped _______ 1^—^ Gen consol 101% 78 96% 75 2 72 93 N 65% 7 56% 70% .2003 N Y State Elec A Gas 2%s 1977 1963 60 72% 8 30 41% 37% 9 32 46% § A 1st gold 50% 50 52% 8 A General 1940 54% 54% 3 54 56 2003 M-N 59% 59% 60 6 56 60 May 27% 27% 27% 84 27 29% 2003 May 30% 30% 31 23 30 32% 2003 May 34 34 34 3 32 35 int M-N A-O Little A 73% A-O 196S K-l 1951 J-D p-a i-. 1963 ♦102% —1976 a-o 104% 104% 102% 103% M-M 3s A-O -3001 A-O -I960 MS -1966 M-M 4-© .3003 St Louis Div 2d gold 3s. Atl Knox A Cine Dlv 4s. General MS - lien ♦91 Y 87% 94 82 12 76% 99% 99% 25 97% J-J 89% MrM 1997 2047 Q-J Q-J Q-P Q-A J-J 107% 109% 108% 108% 1997 3s Jan 1 2047 2047 93 '/a 16 89% 108% 1974 Northern 4%s 1st Power mtge Y 1st mtge 65 46% 33 28 35 14 — 22 62 3 7 o 101'A 12 97% 1077a 4 103% 101% 105 % 1 106% 109'A 105'A 107 101% 107% 77 81% 92 72 60 128 131% 111 112'A 105 107% *104% — 103 y8 104 65 97 106% 94% 101'A 37 56 Vb *99 61% 85 61% €0% 64% €0 90 11 83 88% 90 14 81 100% 101 42 95% 103% 101% 101% 9 98% 102 101% 101% & 90 100% 81% 90 M-« 60 80% 81 22 98% 101% 54 61% 72% 3 34 88 95 95 Co— 1974 2%s 2%s— P-A 1975 3s_ mtge 107% 130'A 1307a 104 J-J -.1975 1——— States (Minn) 1st . — 19 ►111 J-J —2047 trust 98'A 104% 22 34 12% 107 81% registered Coll 3 37% *103 107 130 »A «4 100% 96 __ 5 63'A 107 A-O 95 81% 99% 50 11% 101% 101 107 A-O 4s. lien 98% 56 b5 J-J M-M Inc. conv s/^ 4s registered 108% -3003 H— ser Prior 105% 103% 103% 1st A ret M 3%a aeries F_ 1st A ret M 2%s series Q. 3%s 50% MS _1966 1st M 103% 108 Vb 2% 12'/a 2014 108 % 106% 6% 36 1st gold 4S.1090 1974 Norfolk & Western Ry Northern Central gen A ret 5s Gen A ref 4'As series A Northern Pacific Railway— 103 __ 106% 106% 101% *20 1966 74'A 26% 106% 103% 8 4 *98% P-A 1981 123% 106% 106% 106% 48% Co.— 61 10 *122 69% 33% 1047a 1047a — » 1982 120 73% 73 A-O 1951 1st A ret mtge 3a Louisville A Nashville BR— ref AGen mtge 5s * 1943 Ref mtge 3s series F Ry 56 454 61 *55 P-A 1978 Niagara Falls Power 3%s Southern 337 8'A 8 J-J 1937 E ser 72% 81 RR— gold 5s— 2%s ser D mtge 3'/as 62% 3% 37a *101% 1017a 2047 Miami gen 4a series A Electric 7a series A Lombard Lorillard (P) Co deb 5a '• 3s debentures Louisville Gas A Elec 3Via. & Western 1st Y Telephone Ref Norfolk Lehigh Valley Terminal Ry ext 6a_196l Lexington A Eastern By 1st 6a 190# Liggett A Myers Tobacco 6s 1961 1st 3%s refunding 5s 4%s gold 5s SATerminal N V 101% 101% M-a 1937 4 2003 63% 41% ' % w 20 8 A 2d 61'A 101% J-J Y Steam Corp 70 50% M-N High 71 5 — 39% v A-O Y Susquehanna A ■:ri 76 8 N 34% 2003 4V2S cont M-M Y Power A Light 1st mtge 2%s_1975 Y A Putnam 1st cons gtd 4s 1993 JN 70 Lj,.-"'.' — J-D 1955 34 Series B 4'/is fixed int. Series C 5s fixed int E 4s 37% M-M 2003 : Series D 43 cont int Series General n mtge bonds— Scries F 5s cont int 40% Y 68 M-m Series A 4s lixed lr.t 62% M*F High 70 Jan. 1 Low Chester— Port A N 5a 4%s stamped modified J-J mtge conv Ina 4%s ser A.2022 River j Range Sinee Sold No. RR— 1st mortgage 4s 1954 JAN Y Ont A West ret 4s—June 1992 98 10 — M-M 2007 A Hartford M-M 1973 B Haven 94 A Gen 92 % Lehigh Valley Coal Co— 6a series New 97 : kfi 5a stamped Y 1973 1st A ret mtge 4s ser A— Lehigh Coal ft Navigation PA Co— S p mtge 3%s aer A Bid A Asked -' High Low No. High Bonds New Yerk Sleek Exchange Jan. 1 Sold Bid A Asked BONDS Range Blue* Bonds Friday's or Bala Price Low I+U 8h * lilcb Son fold 3VU 3%t registered Lautaro Nitrate Co Ltd— ENDED OCTOBER 28 > ■ 101 % A-O J-J —1978 1 1977 *101% — ♦98 J-O 99% 99% 97 ■ 1979 M Macy (R H) A Co 2%a daks 1971 Maine Central RB 4%s aer A__—1960 M-W 68 8 65 87% 2 86 12 87 lf-M & 100% *106% 107% 103% 107 series M-M 13 ♦99% 94 105% 98 — 105 J-O A-O ♦103 Oregon-Washington RR Pacific Gas A 1st 105'A 1st A ref 3s series J A ret 62 1st 101% 103% J-J : *82% 103 1st A A 3'As ref 3s J-D 70% , ref 104% 105% 15 101% J-D 105 27 101 % J-D 105% 105% 7 5 1981 J-D 100 2 J-D A ref 2%s 1st A ref 27# S M 105% J-D 1977 1st ref 105% 1974 53% 74% 105% 102% —1979 series 66% 102% 6 series 3%s P— —1982 J-D 77 78 12 70 85% 65 65 65 10 61 69% J-J 65 63 65 8 59 70 % 2%s debentures 1986 67% 67% 67% 37 59 80% 3 Vas debentures 1987 A-O 3'As debentures ____1978 M-M 98% 90 92 75% 90 A 491/2 52% 861 37% 52% 88% 90 535 75% 90 3'/as debentures —.1983 Pacific Western Oil 3%s debs_____1964 Paducah & 111 1st s f gold 4'As—1955 89% P-A 1976 M-M 51% 1977 v m 89% Y 90 r t,: . , 1st A Pacific 2%s debs_ 88% 90 94 75% 27 831 20 % 2^% 88% 90% 77 75% i 88% 89% 209 75% 50% 62% 102% 104% 57 A3'As ■ as-M 103'A 103'A ' .Y Y ;'"V/ fy.VS- J-D II* 1 ♦101% 54'A __ 54'/8 54% 74% ■ M-M M-M 70% 97% • . '■% 75 d-O 70 26 5 rV. 70% 97% - 18 97% 13 ♦104% 105% — 102% 50% 58% 70 81% 65 75% 101 91 income conv Gtd 4s series E 1st mtge trust ctfs Cons -98 1888 National Dairy Products 2%s debs_1970 99% 2 Products 3%s debs_1974 103% A-O ♦105 1st mtge 3s—1968 2%s debs 1907 4s 1964 4'As 5s A-O 104 M-M A-O M-M J-J 1988 P-A ♦75 A Light 3s 1974 Orleans Gr*»nt Nor 5s A 1981 New Orleans & Northeastern RR— Ref A 1st 5s series B ' 105% J-D *100 *104% 102 1954 95% 95 A series -ACertificates of deposit New York Central RR Co— Cons 4s series" A v Ref A impt 5s series Y Central A Hudson General mtge 3%s 3%s registered Shore 3%8 113 debentures 1963 3%s co'l coll registered N Y Connecting RR N Y Dock N Y A Harlem Mtge 4s series A Mtge 4s series B -a 101% 98% 102 87 116% 62 99% 100 58% ■k- 101% 102 24 8 series 5s 1974 P-A —1977 J-J —1961 J-J B *109% 103 103% 15 99% 103% M-M 103% 103 Vb 4 100% 103-/4 102 y2102% 4 99% 1st & ref 2%s __1981 J-D 102% 102'A 5 99 1st & ref 2%s __1978 P-A 75 105% i 102% t§ A Philippine 1964 Fa 88 98 Cons 93 Cons gtd 4s series G J-D 96% Cons gtd 4s series H Cons gtd 4'As series 1960 94% 287 52 66% 104 F 103% 8 % 99 r 99 *104% r-A •111 gtd 4'As series J 1964 M-M 77 Gen mtge 5s series A 1970 J-O 95 Gen mtge 5s series B 1975 A-O mtge 3%s series E 1975 Coke A Chem 1st mtge 3'As_1964 A-O \*76% M-M *— 59% 73 34 68% 81% 72% 2 64% 75 51 . • . 3'As debentures 1st mtge 4'As series A-O _1958 A 4'As series B 1959 A-O 85% 86% 4 'As 1960 A-O *85% 50% 60% 49% Pitts Yoyngstown A Ashtabula Ry— 1st gen 5s series B 1962 1st gen 5s series C__+ 1974 r-A 108% 108% j. 94% C 94'A 42 90% 95 I 90% 91'A 25 85% 92% Potomac 14 99% 101 % 2043 J-J •100 -- V.- 58 99% •91% 96 100 V* - — 100 100 100 ; •91 Vb 1 100 90% too . 1 , 89 101V* •„ 1st Elec Pwr mortgage 1st mortgage 1st 1st mtge 3s__ Prrvtdence Terminal i..—I— 4s J-J 1964 ——„1983 mortgage 2%s 1984 -1956 103 81% 9 92% 1 81 92 80% • 92 107% 109 J-O J-J 3yis__1966 11977 103 97% J-D 1977 3'As 86'A 100% j 16 86% series 94 M-M 99% 86% mtge 100'A 100% 2000 100% *85% J-D . 103 100 mtge 1st gen 4'As series D Pittston Co 5'As inc debs 94 103 100 1st 99 91'A 108 75 .100 1st 52 100'A 107 97 61 99 : 967/s 56% 52 :i 19 24 77 52 52 A-O 99% 99'A 50 53% . 113% 114y2 98 2 .. 52% P-l 103% 3 . 52% A-O 165% 108% __ 13 . - r-A J-D 107% 103'A 103'A 99 98 J-J 1965 Pittsburgh Steel 1st mtge 4yiS—1958 Pittsburgh A West Virginia Ry— • - 105 __ 12 Vb 100 Louis RR— r-A .—1998 2U43 72% 55 51 97 1 10% Pittsburgh Consolidation Coal— " 183 104 109% 99% Pittsb 10 101% 104% — I. 92 St 7% 13 v 94 % A 7% •111 1963 85'/a Cons 1 . I 102'A 101% *102% 108 •103% P-A / 103 1 • J-D M-M 1953 ' 9% 103% 103% •* 1957 88 'A series 4 104 8 % J-J Pittsburg Bessemer A L Erie 2%s__1996 Pgh Cine Chic A St Louis Ry— gtd 104 ♦8'/a 1937 Ry 1st s f 4s ACertificates of deposit PhilMps Petroleum 2%s debs 61% 54'A 110 106 Vk M-M 50 — 116% 106 3/a 104 V* . J-D 135 — 11 22 1974 * M 4"': Y 105% 105% 1967 55'A J-J 111% __ 107% 107% 105% 1971 53 3A r-A 17% 103% 2%s 543/a 63% . 96 62 105 A Wash RR Co— Bait Pgh Cine Chic 58% ;—1998 103% 2%s 15 75% 10 1 2%s 98 75%' 50 9 5 87 119 ref 97% J-J 62 16% 106% ref 10 62% 157 75 110 ref 95% 57 1 105 Gen - ■ 97 117% 115 105 102 5 77% 16% M-M ■" & : 1951 gold 3%s 101 »A 84% 86 106'A Philadelphia Electric Co— 104 62% 2%s series B—1975 1st gold 4s 85% 94'/a A 100 y* 57% Chicago A St Louis— Ret mtge 3%s series E_ —1980 1st mtge 3s series F 1986 . 1980 96% 50 & 32 95% " 1998 New York 1974 D gold 4'As series C Philadelphia Co coll tr 4'As 105% A-O 1997 3%s 5'As 80 1st 103 ya A-O 1998 gold 94 116 184 87% 77% Apr General * 99% P-A ser 104'A 113 6 95% 85% ; A-O 1960 Apr 1990 Marquette Ry 3%s 100% 'X 1st 6 'J 98 r-A .—1997 3%s ext 103'A 103% 104 % 1st 102% 93% 4s 4s Pekin Union Ry A General 118 5 2013 River RR— gold - Eastern A 99% 100% 101% 85% J-D conv 23 113% ' 94 Vb 94% 101 J-D J J-J Phila - 103 A-O 3'As 777a 104% 107% 98 __2013 C registered Cent E 52 — *103 1985 Pere 102 93 , 1998 104% 102 86 Y 76 103% 104% J-O 1968 series 73 *102% P-A 1952 deb A Income «'• ■ A-O • 1965 B_ 75% J-J Peoria 92% To . 104% — 93 A 1st 5%s series A A ;y 100 102 P-A ACertificates of deposit 105'A 101 > • 1960 89% 1956 100% 105 y« 75 103% 103'% P-A 107 103 101 104% 93 D series 99% 103 y« v 2 103% . 1956 impt 4%s — 100 A-O 100% 102% 100% 102 A-O ■ • series mtge 4'As Peoria Ry— series C Ref A 104% 93'A 103 104% J-J J-J ACertificates of deposit A 1st 4%s series 104% 104% *104 J-J 1953 —-1954 deposit 117 -M-M 1952 New of 101% 107% 107 % New ACertificates • 117% 117%*. 1988 4s Imp 4%s series A Orleans Term 1st gtd 4s JNew Orleans Texas A Mexico 105% 103'A 3 1984 89% 102% 103% 105% 98% 100% *101% 102% 1974 Jersey Power Mich 104 *1001% 100% M-M 1983 Jersey Bell Telephone 3%s Lake 104 — J-D - 1901 gtd 1st 103% 99% 104% 104'A 106% 106% ♦104% 104% 102'/a A-O 105 % 105 Co— 3s debentures N 83 39 gtd 4 %s series B 3s debentures A 90 101% 102 % 1st A 1st 5s 102% 1105% 105% National Steel Corp New ♦86 J-D J-D Junction RR 1 11 104% *99'/a J-D 1965 RR— sinking fund 4%s___— General 3s P-A - 104 95% Gen mtge 3'As series F Peoples Gas Light A Coke Co— 1970 debentures 104% M-M 1975 General 100'A 105% Nashville Ch«ttanooera A St Louts— 3s series B *■: A-O _1952 3s s f debentures Conv J 1C2% J-J v debentures__1960 3s Pennsylvania . N N 98% ~5 Gen New 1 102 »/a General 4'As series D____—_1981 Supply 105% 100% US Pennsylvania Glass Sand 3'As 1960 Pennsylvania Power & Light Co— *56'A > • Naugatuck RR 1st gold New England Tel & Tel 105'A 95 Pennsylvania Co— 89% 90% 89% P-A 2000 Constr M 5s series A 1958 Constr M 4%8 series B. 1956 Mountain States Tel A Tel 2%s—1986 3 %s debentures 1978 S__ ser Tel 2 5'A 1991 1960 A 90'A • « 1958 M 3s ref Tel 26% ' M-M A-O 1981 • YV 90 M-M 1949 1st gtd 4s Monongahela Ry 3%s series B Morrell .(John) A Co 3s debs Mojrrls A Essex 1st gtd 3%s National 101% Pennsylvania-Central Airlines— 1966 § A Con v gold 5 %s ser A 1st A ret gold 5s series B 1st A ref 5s series I 3s 100 105% 105% A-O A-O 105'A 102% 102% J-D _1985 100 J-D .1983 R ser r,78 A Nat'l Distillers __ 105% L series 3s 44 2 105 * N 3s ret 70% 107 105% 105% 105 M series ref & 15 106 105'A J-D series Q—_—.—1980 3s A 49 •101 VB J-D J-D J-J a 1st mtge 105% 103% 1971 —1876 Jan 1907 D 34 1970 K 1st 79 yv 41 69% v 104% 105% 1966 I series series 87 49 V ■■■■ 84% 104% A-O 3s ser A—-I960 Electric Co— 105% 1st J-J 101 J-D J-D 108% 100 48% 59 95 *100'/a 100% 101 81 105 105 *49% 100 16% 105'A 96 102% 102% •102% 105% J -J series G Mohawk A Malone 108% 108% M-M 66 P-A 1978 3s J-J ret 58 series A 5s 99% 5 100% 13 1903 General 4s 1st A ret 5s series P ref 100 — __ 75% 75% 10 Vb 3 100% 100% 1963 adjust 5s series A ^Missouri Pacific RR Co— a ♦101% 5 105% 105 y» 100% ____1979 3'As mortgage 1st & A a Cum /A 1st mortgage 13% 105 V* l-O J-J 1st mtge 3s 1974 1975 mtge 2%s_ Oklahoma Gas & Electric 2%s_—_1975 1st 13% M-f __1948 4s 1st RR— 40-year 4s series B Prior lien 4%s series A 1st A *99% M-M J-J 107 Cbamplaln Ry— guaranteed Ohio Edison 103 % MS __ Missouri-Kansas-Texas A § Alst 1st 3%s s f debentures 1967 15 AMidland of N J 1st ext 5s 1940 Minnesota Mining A Mfg 2%s 1967 Minn St Paul A Sault Ste Marie— 1st mtge 4%s lnc ser A Jan 1971 A Gen mtge 4s lnc ser A Jan 1991 Mo Kansas A Texas 1st 4s 1990 A JOgdensburg A Lake 103 100% A-O 1966 1969s 5s 61 *103% 105% O 91% *102% »106% 107 v.U 100% J-D lmpt Prior lien 61 97 M-M 1983 4%s series C 1979 Michigan Cons Gas 1st mtge 3Vie_1909 1st mtge 2%s 1969 1st mtge 3%s Ref 85 54% 100% ♦50% ♦100 Michigan Central— Jack Lans A Sag 1st gold 3%s M-M 95 87% M-M ; Telephone— ...1979 71% 87% M-N 1968 debentures 65% 87% JiJ Metropolitan Edison 1st mtge 2%e_lt74 Michigan Bell Telephone Co— Bell 102% 68 J-D mtge A eon 4a aer B 1994 Manatl Sugar 4s sink fund—Feb 11987 Manila RR (Southern Lines) 4a—196# May Dept Stores 2%s debs 1973 Mead Corp 1st mtge 3s v 100% •101% J-D 1st 3%s Northwestern . . •99% 101 ♦106 J-J* v 99% 106 P-A 106% *105 --106 100% 107 Vb 108'A 102 .104% -98 99% w M-M *98 99% ! ! Yj : y Volume 170. : Number 4851 THE COMMERCIAL & FINANCIAL CHRONICLE r*"t 'f * "(1721) '29 NEW YORK BOND RECORD ( Friday Interest BONDS Range Friday's Bonds Bid ft Asked Sold Last Period New York Stack Exchange RANGE FOR WEEK ENDED OCTOBER 28 Week's or Sale Price Low Friday High Range Since No. Low 3s .1968 debentures 1968 1st & ref mtge 3%a— 1st & ref mtge 5s 1st ref & mtge 2037 U-N 104% 104%' 108% 108% .i-.r J -J rf-jJ ref mtge ref M-N ♦106% J-D 1964 mtge 2%» 3e. J-J 109 Va 146% 148% 222 104 6 ♦220 1978 & b 105 Va 215 148% 148% 1978 ne— 1st 1st 101% 107 Va 104% 104% 3 103% 102 5 100% or Low , , Friday's Bonds Bid A Asked — 103-103 , Low 5 1960 Jan I960 A-O Tol & Ohio Cent ref As lmpt 3%s_1960 J-D Tri-Continental Corp 2%s debs 1961 If-8 Union Electric Co 1971 M-N 1975 A-O 1968 M-N 1967 J-J 1970 J-D AAdj income 5s 102% 48% 22% 50% ' ♦-_ 114 22% 21% " ■ / - 150 ] 103 41 71% 16% 94 : High 100% f 48% J-J • Jan. 1 . No. . J-D i Range Sine* Sold Hign Pacific— Orleans 3%s_.1974 fThird Ave Ry 1st ref 4s 1U6% 104% — Pacific-Missouri Term RR of New " 5 Sale Price , Texas 6 Last Period New York Stack Exchange High Public Service Elec * (Hi Co— Week's Range Interest BONDS Jan. 1 45% 94 102 98% 100% 108 Vi 110% - ■ - *99 ; ' — 100"% U Quaker Oats 2%s deb. 102 102 1st mtge Reading Co 1st & ref 3He eer D..199B Reynolds (R J) Tobacco 3e debs__1973 Rocnester Gas & Eec Gen mtge Gen mtge Gen mtge 3 Hs series I r-m mta,e 3%s series J « tSARutland RR Jf-N 91 91 91 Vb 21 105% 105% A-O 1 1977 ♦119% MS ♦106% MS 1969 2%s 85 93% 102% 117 119 Ve 1941 J-J Pacific 2%8 M-S .1996 J-J .1996 A-O *73% .1955 J-J *99% Lawr 2d Adlr 1st gold 6s & gold 6s Bt L Rocky Mt & P 5a stamped St Louis-San Francisco Ry Co— 1st mtge 4s series 1997 Jan 2022 U*J 56%. 1989 mtge lnc 4%s ser A Louis-Southwestern Ry— 4.i bond certificates 88% M-N inc 4s bond effs Nov 1989 8 Ve Gen & ref gold 5s series A .1990 Bt Paul & Duluth 1st cons gold 4s. .1968 St Paul Union Dept 3%a B .1971 Scioto V & N E 1st gtd 4S .1989 97% 103% — _ debentures 97 88% 91 57 1st mtge A Gen 3s 4s series A .1990 mtge 4%s series A J-J 95 & Sons Jan 2016 103 M-N Union Oil 2Hi & Nor Southern 3s Ala Bell J-D A-O 14 v :__r__y: .1979 : debentures. .1985 debentures Southern Indiana Ry 2%s Southern Pacific Co— 4%s 4y28 Gold .1994 : ser M-N 92 M-N .1986 .1996 .1994 A-O .1956 debs 92 % 104 88% 46 83 85 Va 101 *— J-J 92% 7 M-N 95% 110 107% 104 2 *106% 21 "'' Apr .1966 M-N .1971 F-A .1974 36 J-J J-J ♦104 97% 4 104% 97 Vb —' 36 102% 93% 101% U-N 100% 100 Va 97% ; 5 ♦103% 104 Va Ref & Texas imp 2%s Corp 3s deb Texas & New series D 2019 J-J *119% Orleans A-O M-N 2361 M-S 2361 A-O B 1970 A-O 3%s series C Texas & Pacific 1st gold 5s Gen & ref M 3%s series E 1990 A-O 2000 J-D 1985 J-J 1st & ref M *96% ,• 94 Va 1 a Public 49% 99% 86 97"% .'99J/2 101% J-J J-J . 'fi. M-N fin* > A 101% 98% 101% 100 105% ; 99% ,,96% 96 y2 *114Vi 115% 104 112 Va 102%; 100 102% V*99% loo 102% 86% 100% 229 r. J-J 1936 64% 98% ■99 A-O i 101% 105%;; 105 99 J-J 1960 102 86 "I 3-D 1958 95 Va 10 104 84 V* 101% 101%:' 105% 63% 62 101% 29, »1003b 100% J-J 1940 Central 35 83 Va — M-S 1967 3s 54 IL 105 115% Ry— 82 74 75 44 44 69 44% i,36 35% 78 .71% ^ 75 74% 71 Va ; 97% 49% ^ 95% 46% 100 1970 *100 MS *104 101% 1971 3 Vis 3-D 1979 Service J-J *106% 107 y2 104%. 1.07% 100Vi 101% Elec Lt Deferred In Power 2%s delivery the included Ac year's In the sale "49q% J-J Included not In the n Under-the-rule range year's 1976 range, year's range, sale not Included Ex-coupon. maturity. y 97% 94 99 d Ex-Interest, In the yet*"" e Odd-lot sale not rOash tale range. ^ - §Negotiability impaired by ^Companies reported as being in bankruptcy, receivership, or reorganised wider Section ft of the Bankruptcy Act. or securities assumed by such companies •Friday's bid and asked prices; no sales being transacted during current week. 99 88% 118% D mortgage S B 1st 4s 52% ~h- 106% 3 series 1st mortgage 2%s Included 16 3%s general 4s Wisconsin not 100% 100% 98%: : 1973 Co 41 83 Vi J-J & 109% 56% 100 a'a 100 ,v 98 •; 98% 100 aV M-S mtge 107% 106% *101 J-J lO'l 106% -.105 J/4 V 105 99% US 1951 103% 125% 125% __ 100% Mfg 2 Vis 103 % 9 99% U-N 55 99% .99 ,4 ~4 52 n»y 107 45 50 55 1950 5s & 92 85 : 104% "105% 105 Vi 56% 1951 estate debentures 119% r 4Vis f 1960 gold 99% 95 series 5s 104% 98 95 real & 76% 99% 102 104 Va RR,— 1st & ref M 3 Vis series 4s 83 98% 1 103% 103% "105% 105% ♦104 ..x1,;' M-S 115% 105% 100 105% guaranteed 1st 69 % 10'. : J-J 2 103% 103% 1965 ;t 64 Vi 101 J-D 14 __ 1985 ♦47% 103% M-N Yonkers Terminal RR Assn of St Louis— Ref & Imp M 4s series C 97% 127 A Bonds 102 % selling flat. NEW YORK CURB EXCHANGE WEEKLY AND YEARLY RECORD In the following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, Oct. 22 ending the current Friday, Oct. 28. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock bond, in which any dealings have occurred during the current year. and or f' • . RANGE FOR WEEK ENDED OCTOBER 28 Week's Friday STOCKS—' New York Cnrb Last Exchange Wire Acme Adam Aero Co Alloys Stores Hat Inc Surpass Alnsworth Mfg Associates Air-Way Stores (N J) Great Southern, Alabama Power 4.20% Alles & Airlines Fisher Inc Allied Products (Mich) Corp common Altes Brewing Co Bros Aluminum * Co common of Aluminum Goods America see 20% 300 19% Oct 32% Jan 3% May 1% Mar 6 Aug 1% Jan 7% Jan 5 400 1% 1,400 7% ._ 10% 11% 6% 6% 3,900 80 100 5% 5% 16 common. page • 6Vb 33. • ■ • 3,300 7 11% :: 96 % Oct 4%J6 25 25% 79 Oct 92 Ve Jun t Jan 99 Sep ' j 6 V y $2.50 Apr Gas Oct American 3% Apr American 13 Ve Jun 17% Jan * 5% Feb 6% May • 45% Jun 400 93% Jan 200 20% July 4% Jun 50 9% . 100 b 2,100 300 30 16,100 6 150 111 8% 8% 8% 100 preferred Rubber 112 Vb Laundry 114% May 2% July 1,500 5,700 27% Feb 44% 43 44 575 32% Jan 45% Oct 10% 11 300 9 Va Jun 13% Jan Sep 25 Va Apr 16V» Oct 43 % 20 4% -f-i J 19% 16 Va 5 000 4% 4% 23,700 11% 700 41 400 28% 28 Va 29 Co com 750 18% 15 Ve 18% 15 % 1 Co Co Jan Jun 2«/a 42 Va 28 Mach Gas - 2 2V» 40 Va 1 Mfg Co common Maracaibo 112 Vb 112% —• American Oct 2 Ve Natural f Oct 8% 41% 28 Co preferred Oct 74% 1 40 Va 7% July Mar ; lOo • Class - : Electric— Meter- American Jan 58 73% American . Jan 1% Jun Light— 11% 40% Jan Jan 1% 1 2 26 Va 51% ft Sep % 73% High Jun 35% 1V4 u V! 1 Range Since January 1 Low 2,800 48 American Metal Products common 6% , 100% Aug , 47 Va -• Shares High American Jan Mar' Co Power & Hard American 5% Feb 54 I common convertible Feb 1 3.-. 1 American Feb Mar class A • for Week Range of Prices 47% . Sales Week's * / Low • __ Co preferred 2% 6 . Car American General Corp common $2 convertible preferred J. 8,500 * Par B 600 50% Book Cities American Oct Mar American Class common Beverage American 3% __ 49 % 96 , 300 6%- 50 - • .3% ■ 16 7 7% Feb Ltd Bantam American ? ? f American 1O0 -v 5% 96% 7 Jun 5% Aluminum y* 91 5'/a — 5% 5 • 10 __ 1 100 80 : Jun 4% 1,300 - Jan 8Vb • • common preferred Mfg Industries For footnotes Jan . ' . Sale Price ; Oct 3% 1% 6 % 1 cumulative 1% Jun 1 Investing $3.75 I 1 common Internat Altofer May 1% — __B0 pfd Allied Aluminum % 1,000 1 Appliance.. Alabama Alaska • 0 common. Inc Electric High 2% 5 ~1% ~ Last „ New York Curb Exchange 19% 20 % 1 1 Shoe Low __ 10 common Range Since January 1 2% 1 ' Friday STOCKS— Bharee High wsrrants Supply Mfg Agnew Air Motors Aluminum Acme Low Par ;v ACF-Brill of Prices /.■ . V Sales fe* Week Range Sale Price i* !f 106% 94% t. F-A 1967 Shore 'Vr 2 107% F-A 101 101% 2.. 3 . 86 Vi 86 % *107 J-D 1966 1st 98% 86% 1950 Certificates of deposit Wisconsin Electric Power 2%s 103 97 69% 101% 101 Va 1970 A 98 39 A ser gtd ^Certiiicates of deposit §ASu £c Du div & term 1st 4s 104% 43 gold 3%S—2000 stpd 5s 1979 §Al.st 52 97% *98 '.!< 102% 103 Yb — 69% A-O 1970 3%s mtge ^Wisconsin 107 Va 102 Ve 102% 102% J-J .1973 37 69 % M-N ref gtd 1st Winston-Salem 102% 103% __ i -i: ' . (subordinated) I 1st 104 96 debentures 3%s_1976 Co— debs Wilson 108 101% . 98 96 *105% Iff -N conv Baking RR G & W 2%s debs_1966 2.65s conv debentures 107 99% (Hiram) Wheeling & Lake Erie RR 2%s A_1992 Wheeling Steel 3 Vis series C 1970 98 6 100% 101 104 79 68 2%s 116 Ve 79% 101% 101% 101 A-O 7 18 97 Vi Westinghouse El " - 101% 102% ■: 68 25-year 95% 109% 71 101% ^ 103 % 104 A-O 85 97% 30-year 84% 25 ' 1973 83 100% 101 Vi r Apr Funding 90 77 87 115 10% A-O M-N Western Maryland 1st mtge 4s 1952 Western Pacific 4Vis inc A Jan 2014 Western Union Telegraph Co— 101 84 — 104'/a 107% i !'■ it T-j 1995 Registered 92% 1 — 98% 102% n 114% 115 Apr West 95% 75 31 95 106 20 ♦105% 106 -■ 114% 102 106 *104 1958 Gen mtge 3s gtd West Penn Power 3 Vis 101% 74% 100 87% 2003 102 101 Vi 101% 101% MS A-O 1979 ser Washington Terminal 2%s 77 Va 89 „ 111% 111% J-J .1972 debentures 88 83 101% 70 — *94% A-O .1966 _ Sunray Oil Corp 2%s debs 27/«s 1978 1963 G Westchester Lig 103% 99% M-S 1975 :' 107% Apr Warren 99% 123 Ve — — 87% A-O .1956 ____ Standard Oil of Calif 2%s debs Standard Oil (N J) deb 2%s 2%s debentures 2%s 95 123 97 86 V« 90 Jan 1981 Gen 90% 111% 97% 75% ♦102 5s cons 5%s 106% *100% J-J .1956 6%s series A _ Co 27 — 87% J-J 96 6 *102 1st gtd 5s & Southwest Ward 101% J-J .1961 .1996 St Louis Div 1st gold 4s_ .1951 Southwestern Bell Tel 2%s debs__. .1985 3 VeS debentures .1983 A Spokane Internat 1st gold 4%s_. .2013 & 98% 2%s M Walworth Co 54 Va 94% J-J 5 90 M-N mtge 3s series F__. ref Walker 102% 100 Vb , 97% 90 F-A 1957 Gen mtge 4s inc series A 99 Va 25 100 5 88% Memphis Div 1st gold 5s Swift 96 1 7 99 J-D 97% 90 Gen mtge inc 4%s series B—Jan 1991 1st mtge 3%s series B 1971 98 Va 6 99 % 97 101% 95% 99% 93 Va W 100% 30 *71 MS A. .1975 1st mtge 2%s series G Southern Ry 1st cons gold 5s. Devel & gen 4s series A 1> "el & gen 6s series A gen J-J .1981 ; 1st mtge 2%s series E 1st mtge 2%s series F & 54% *102% 103 .1977 A San Fr Term 1st mtg 3%s Southern Pacific RR Co— Devel 94% 100% 105% 105% J-J 91% 1 Wabash RR Co— 69% 100 % 100% .1969 4%s 102 y2 6 99 98% 105% 17 95 3 4s series A—1955 g series B 4s 107% 128 58% __ "123% F-A 103 Va 103 Va 95% A-O 103 127 90 102% 102%. 987/a J-J .1987 (Oregon Lines) Gold 97% 98% A-O 99% 100% 104 100 ; 7 67% 54% J-D .1963 101 — 65% 98% 94% MS 1st lien Ac ref M 3%s ser C 95 106% 97% 102% 6 7 " 103% 95 % —1959 Virginian Ry 3s series B— Co— 2%s 1st Va 113 100% 1 '100% 102 J-J .1976 __ gtd 5s ; F-A .1965 Tel Si f ref & 1st 61% 85% __ 103 101 % 101% 67 97% .1971 debs RR Tel debentures 2%s J-J J-J J-D tS ASilesian-Amer Corp coll tr 7s_. .1941 Skelly Oil 2%s debs Socony-Vacuum Oil 2%s South 1st & 89% 105 21 •••?• *126 .I960 2%s debentures Shell 86 46% 10 103% 103% ♦107% A-O .1974 (Jos E) RR cons Cons s 101 83 195 113 95 103 101% 101% —1967 Virginia Electric & Power Co— 1st & ref mtge 2%s series E 76 71% — Seaboard Air Line RR Co— Seagram 67 - —— __ 55 % J-D 10 12% 18 — 88 % 95 94% A-O M-N debs. Universal Pictures 3%s debs 10 1 68 113 J-J 99% 100% 104% 101% 104% __ 103 If-8 1966 1976 1st 1st 2d ♦~ J-J 12 103 I 101% 102 F-A —1991 C series Rubber 2%s S 2%s 106% 7% 102 % 103% 8 —1970* 3%s conv debentures A A 2nd - Bt 102 7 Va" 101% 102 United Biscuit Co of Amer 2%s— Vandalia .1971 Bt 2%s mtge 102 *105% RR— debentures- Ref 105% 97/a 9% 9% Baguenay Power 3s series A deb 3s U __ '8% . — Calif of debentures Union 106 Va 107% ♦106% J-J stamped — Oil ♦110% 103 __ ♦__ MS __1949 nampca 4%s MS 1967 1967 4%s series D 3%s series H f A Rut-Canadian Union Corp— & coll trust 2%s debentures 3s R of Mo 3%s 10,500 f —25 18 Va 13 July Oct 31 Jun 5% Jan 7% Jun 11% Oct Feb 42% Oct 29% Oct 34 17% Jan X33 Oct 30 Jun Jun 28 Va Mar b Republics Chem class A * 26 26 50 22% * Potash B 26 25''a 25 Ve 26 V8 1,400 22% Jun 28% Mar 10 28% 28% 30 Va 6,400 20% Jun 30 Va Oct u 30 RANGE Week's American 2 Seal-Kap common Amer Superpower Corp common— -10 $6 series preferred Thread 5% Low Low 4 New York Curb Range Since January 1 2% 2,200 Cherry-Burrell % Mar % Jan Jan 108% Oct 4% 4% 200 4% May 4% Jan 6 preferred— 6 200 5% Feb 6% Apr Jan 58 5% 5% 300 4% Jun 5% 7% 7% 200 7% Feb 8 Ltd— Amer dep rets ord reg 12% "3% Apex-Elec Manufacturing Co Appalachian Elec Pwr 4% % pfd— —10$ Argus Inc — ~3% 6% Angostura-Wupperman 6% Mar 10% 10% 10% 11 11 8% — 1% Jun 5% Jan 20,000 10% 2,300 23 1 Clark 3% 11% Oct 11% . Jan Oct 5% Jan Jan 11 Associated Laundries of AmericaAssociated Tel A Tel class A 115 6 Jun 9% Oct Jun 21% Oct 800 21% Jun 24% Sep Colonial 6% Jun 1,800 200 a 400 % 32% 3% 600 16% 5,500 10 * July Jun 15% 1,600 11 5 . 3% 51% Vtc ext Oct Jan 56% Oct 4% 400 8% to Mar 11% Apr 20 July 25 Feb 1,200 10 Jun 15% Jan 6% July 5*4% 57 prior cum 41 4,100 4% 3% 4% 6% 7 1 11 1% 100 II — • 11% 1% 37% 7% 8 Class A * Amer dep rets ord reg British Columbia Power class A Class B Brown Forman Distillers llfl Junior pfd Brown Rubber Co common 1 Mar 5% Oct 11% Sep 2 1% Sep Feb 6% Jun 26% Jan 61 Oct Oct 13 50 14% 100 13 Apr 38% Oct Jan 9 50 Jan 57 Jun 14% 7% Jan - . Utilities Gas pfd Canada Bread Co Ltd Canada Cement Co Ltd 6Vt% common Class A voting Canadian 47% 80 77% 80 19% 19% 20 290 6% 17% 2,600 4% 5% 80 Jun 22 700 15% 16 Jan 18% Sep 3% May 21% Apr 23% 22% 23% 6 23 13% 300 Feb 16 Aug Jun 34% Sep 23% Oct 19% Mar 500 10 8% 1% 8% 1,350 Jan Aug Apr 11% Jan Sep 7% 11% Feb 1% 1% 1,300 1% July 24% 24% 100 21% Mar 11% 12% 1,000 Jan 2 Oct 1% 12 5% 5% 5% 16% 9,600 19% 700 5% 400 Jun 25% 3% Sep 8% 2,900 15 18% 15 Jun 13% Aug 4% Feb 7% Jun 16% Oct 20% 5% Jan Oct 12% Jun 22 % Jan 6% Jun 12% Feb 7,000 fig Jun % Jan ~5% 5 u 8 8 % 3% A A 3% 4 13,600 4% 1% Jan 7% 85,500 2% 5 May 11% 3% Sep Oct Jun 4% Jan 1"% July 1 2% 6A 7% '7% 7% 1,800 22% 22 % 50 — Jun Jun 7% Sep Oct Jun — r2% July " • r2% July 20% — 26 Feb X24 Aug • Oct 7% 8% 8% 24% July Jun 10% 9% 1% 14 8 9% % 1% 14% 10 8,900 1 Jun 200 12 3% 57% 125 113 3% 113 3% 5% 5 27 3% 3% For footnotes see 20 109 Jan 114% May 40 100 Jan 108 12 % 13 — Sep 114 107 13% 5,600 7% 7% 91% 1,700 3% 9% 7% 300 88% — 91% 2,100 2% 13% Jan 18 Sep 70% Jun 2% Jun Aug Oct May 103% Jan 3% Jan 1% Jan Jun 14% Oct Jun 29% ~ 1% 1% 100 13% 14% 1,000 29 14 % 29%-' % is 16 11 6% 300 fie 100 7% 11 6% 6% 1,500 16% 200 7% 5,500 7 39% 20 5,600 16% 7 % May 10% 40% 35% 35% 5,500 '% xl% 12 Aug 7 Jun ! Oct - 4% Jan Jan 17% 4% Feb 7% 31 11,300 Oct fig Jan 14% - 625" 39% Jun Jun Sep Oct Jan 42 2% July 35% xl 28% Jun fig Jun . ; 3% Feb 41% Jan 1% Aug 2% 3 500 2y8 Sep 7% Jan 5% 500 5 Jun 6% Apr -1 7% 7% 7% 1,700 5% Feb 8% 13% Apr • • . 1 • —. - : ' 2% • 2% 3,900 3% 2% 3% 400 __ — 17% 17% 18% 4,000 25 105% 105% 11% 11% -1 15% 15 16 —1.19 31% 31% 31% 1 6% Urnrn, Davidson-Brothers Inc ■, •, 11% 50 10% Oct 1% Jun 1% Jan 3% Jan Sep 4% May 30 Jan 14% 102 Apr 65 May 19% Aug Oct Mar 106% 5% Mar 15% Sep 8% Oct 5% 400 450 4 900 —I 8% debenture Detroit Gasket A 8% 8% 200 14% 12% 110% 97 14 % 13 14% 15% 114 5,110 4,730 Jun 16 Oct 27% July 5% Jun 34 Sep 25 7% 6% 27 6% 600 i% i% 1,300 1% Jun 3 30 22% Jun .32 26 27 r 10% 6% Jio io% 900 Oct 9% May 132 Jan- Sep Jan Feb Jan 8 11% 144 / Jan Oct '14% 14% 600 10 Jun 15% Apr 1 7% 7% 100 7 Jun 9% Jan " Detroit __X 2% .18 Gray Don Foundry Detroit Steel Products. Devos A Reynolds class B. 23% 2% 1% Jun 2% Jan 2% 900 23% .22 1.200 18 Jun 23 % Oct 9 Jun 12 Jan 9% 9% 100 9% 9% 300 3% Distillers Co Ltd— Amer dep rets ord rag..........——II Domestic Credit Corp class Dominion Bridge Co Ltd • 81 Power 3% Oct 2,100 2% 35 35 100 26% Jan 35 14% 15 2,300 11% Jun 15 3% • 9% 9% 100 64% 64% 325 78 % 150 80 11 1 2% * Duval * Apr 10 % May Jun 65% Sep Jun 32% Jan Feb 82% Sep Apr 7% Feb 1% Jan 57 « 23 do. 1 9% Mar Oct Oct 22% 6% 64% 18 Dunlop Rubber Co Ltd— Amer dep rets ord ™g Duraloy (The) Co.. Durham Hosiery class B common Jan 20% Mar * • , Driver Harris Co Duke Sep Jan 14% 3% Dominion Tar A Chens Co Ltd Dominion Textile Co Ltd common Corp 14% 10% 35 Dominion Steel A Coal class B Draper Jun 6% Jan 10% Dobeckmun Co common. Texas nulpnur Eastern Gas A Fuel Assn cox 14 3% 300 2% 75 14 4% 1,400 14% 3% 14 ,14 300 74 •> 9% July 3 Jun 2% Mar 14% 10% Mar Oct 5% Feb 15% Aug Com shares of beneficial hit 1 Derrick I 13 % Feb 22% Aug 3 % Jun 13% Mar 2 188 A —... Equipment convertible preferred ... .— Aug 37% Mar 1% Jun 2% Oct Jan Jun 76 Oct Jun 67 Oct 18% 19% Oct 4,100 77% 425 10% 1,500 17% 26.400 , 100 100 6% - 6% Mar 5% May 10% Feb 40 1,400 92% July 4% Aug 11 T% 1% v 46 ~1% •'44% 46% 1 5% '5% 1 Eureka Pipe Line common 11% Mar 60 9% Jan 100 1 % 1 — Ltd is Feb IV* "Feb 4,500 1,175 31 100 4 Oct .78 10% Oct 18 % Oct 13% May 101 Ve Apr 7% Apr 13% Apr 1% Mar Jun 47% Oct Mar 6 % Oct % May 3,100 % Sep 14 XI Feb 18 Feb 12% Feb 21% Aug Mar 5% Aug 5% Oct 36 Jan 4% Jan PalrehUd Camera A Sep Oct 15, Jan First York Corp common. Jan 93 Oct 5% Feb 15% Oct $2 dlv cum preferred. Flshman (MH) Co— Feb Feb 77% 50 X lOo 8% 55 Jan 77 39 I common Metallurgical Fire Association (Phlla) 74% May 4% Jun Jun 75 17% 17% Esquire Ine Corp " 9% 10 Oct $8 76 « 57% Oct 3,400 63 17% 18% X A Share common Bond Equity Corp Jun 25 71% 63 Washing Machine elass B Emsco 2% 70 70 $0 pfd shares of beneficial int Electric 2% 62 Associates— Jan Feb 1,250 $7 preferred series A. 86 preferred series B_ Apr Mar 475 77% 2 3% 4% Mar 75% 71% -IB Oct 113 72% 71% 61% 26 73 .108 Eastern States Corp. Sugar 1,500 4 .101 Eastern Malleable Iron. Easy 148% July 1% Oct 3% 3% 4% % prior preferred. 9% preferred. 83 - — Jun 10% —8 Manufacturing 85% 210 -4% .100 Oil Co common. Derby 2% x4% Mar „ 100 1,550 8% 5 .800 Electrographlc Corp oonumon Empire District Electric IA pfd Feb 28 -81 Empire Mlllwork Corp Mar 300 8 .100 Oct 2 5% .2.80 Lighting Inc common Jan 109 78% 100 114 Oct • Be to 14% 520 5% July 14% 12% 14% 800 5% July 14% Oct — 6% 100 5 .May 9% Jan 2 3% '3 % 200 3 Jan 3% Oct Amer dep rots ord reg— Ford Motor of Canada— 50 35 Sep 700 4% 7,300 3% Feb 1-1% 2,400 8% Feb 13% Apr 71% 72 19% 4% 10% 4% 11 72% 1 75 34 Oct 130 57% Jun 1,000 2% Jun 34 2% 3 35 150 25 17% 10c 17% 100 13% July 5% 2,500 . 2% Jun 5% Mar 3 % July 35 Oct 17% Sep Ford Motor Go Ltd— 6% 19 19 1 • 18 $1 Stores 10 1 37 3% 37 37 3% 3% 2,600 a.so page 33. Oct 9 70% 114 .108 _ common 10 50 78% 100 — Apr 5% ....18 21 2 100 America Oct 32% 106 — — *1 Jun 12% 5 27% 10 Charls Corp common Sep 6% 27% July 5% _2Sft May 5,000 1 Conv preference Chamberlln Co of partlc. common Fansteel Cessna Aircraft Co common — — «... _ Fair child Engine A Airplane Century Electric Co common Century Investors Inc Jan - (Md). 40% 600 55% — 2% 1 Conv pfd opt dlv ser Conv pfd opt dlv ser 1929 Jun 44% Jun Feb 4 1 7% 1,200 2% * pfd 100 preferred—100 6% 58% 67% • Day Mines Inc Dayton Rubber Co class Dejay Stores common Dennlson Mfg class A Jan 148% July 1'* 10b (Central States Elec 6% 7% preferred 600 8% 68% 4% H Aug 33% D Jan 7% July 100 -- 18 Central Ohio Steel Products Central Power A Light 4% Apr Jan 2,200 —1 _ Atlantic Sugar common Eastern 1 preferred 4% • Davenport Hosiery — Central Maine Power Co— 3.50% Jun Oct 8% 22% 6% May 19% 21 (AM) A Co Catalin Corp of America 3% 8% Mar 3% . 2s Id Castle 700 Jun 3% 6% • ord 4% 68% 1 Petrol Tobacco Eureka A Apr 4% 425 Duro Test Corp common 400 Ltd— rets Oct 7% Sep .7 33 15% 2 dep 6 Jun Oct Mar 4% July 15% Jan 13% 300 16% 17% 62 70 6% 2.80 Amer dep rets B ord Carter (J W) Co common Casco Products common Jan 4 Oct 50 1 Jan 12 3% 31% —1 — preferred... Apr 10 Amer B % 23% 1,700 • Jun 1,400 1,900 - Oil Refining common Cuban Cuban 1,475 1 Carreras 10 50 11% ' 47% Capital City products common Carey Baxter A Kennedy Inc Carolina Power A Light $5 pfd Carr-Consolldated B«*cuit Co Jan 5% • pref«rr«d 45% 1 common Aug 5% Sep 6 . Oe Cork Internat'l "A" 45ya Marconi Carnation Co Apr Aug —* Carman A Co b Crown Drug Co 8% 4,200 101 34% 5% -Bo __ Crown Jun ——• Class B non-voting Canadian Industries Ltd— 7% preferred Milner Crystal 5% 11% * Mar 22 dep receipts (ord reg)—II Cent 300 21 Canadian Canners Ltd 600 Jan 4% * Crown 7% — Convertible preferred Canadian Industrial Alcohol— Feb 31 % 30% TOO Brewing Co. Crowley 7% • preference 8 2,100 2,300 1 Grnslny Mnt.nr* Tnn Curtis 11 common Jun 11,200 —1 OlirtlS 15% 1 Croft Sep 14% I 5% 30% 31% • American Oct 11% 1—• 100 1 % _ Creole Petroleum 3% O California Electric Power Camden Fire Insurance... 6% Courtaulds Ltd— 13% 14% lis 2% 6% -88 Feb 9 11% 12 %• Calgary & Edmonton Corp Ltd Mar 3% Jun 41% convertible preferred 5% Mar 1 American dpp rets 5% Calamba Sugar Estate 17 1% % 1 2% S.li Cable Electric Products common Cables A Wireless- Jun 1% Aug 5% Cosden Petroleum common 11,400 * dep rets Burry Biscuit Corp 14% 700 39% TOO Reynolds common preferred class A..,.. $1 3% 14% July 4% Jan 10% July * Bunker Hill A Sullivan Burd Piston Ring Co Burma Corp Amer 300 Oct 7,500 2% 2 6% • Inc— Coro 3% S.lt Buckeye Pipe Line 16% 2% 1% .SI Cornucopia Gold Mines. Oct 6% May 150 7% • 10 Bruce (I Ll Co common Bruck Mills Ltd class B 14 33% 57 13 3% • 1 cum Jun 200 7% II .—11 reg British Oelanese Ltd— 6 7% Aug 200 —-• Oil Co Jun 41% Liquidating Corp. Mining k Smelt Ltd——1 -18 Consolidated Royalty Oil 1 Continental Car-Na-Var Corp. Jan Jun Feb 1,000 14% 1 * British American Tobacco— Amer dep rets ord bearer Amer dep rets ord 14 8% Consol Aug 8% Mar * common Jun 1% 3 700 8 57 • Breeze Corp common Bridgeport Gas Light Co Brlllo Mfg Co 6 35% 37% • • Oct 5% 24,800 700 37% 11 1 pfd Jan 4% Consolidated Jan 9% 4% May * 1 36% Feb 10% 1 SI Aug 4% July 1% Aug 7 1 Brazilian Traction Light A Power 4% 65% Mar 7 1 Borne, Scrymser Co Bourjols Inc British-American Jun 32 300 —1 Ridge Corp common Blumenthal (S) A Co common Bohack (HO) Co common 10% 1 Continental Fdy k Machine Go Cook Paint b Varnish Go 1 Blue 100 1988 Consolxdated Jan 8 50 14% 54% Convertible preferred • Bickford's Inc common 1 Blrdsboro Steel Fdry A Mach Co com-* Blauner's common < 13% 1 4%% 5% 1,900 * common 13% 81 Inc series B preferred preferred series O. 21% 9% 21 Hotel Consol G E L P Bait common Jun 8% 9 * — 14% Aug 1 Corroon b Bell Tel of Canada common Benrus Watch Co Inc Benson A Hedges Jan Jan Jan 6 Jan 4% 300 1 (AS) Shoe Corp Bellanca Aircraft common 12% 5% Manufacturing Co Sep 1% May »• common 200 Colorado Fuel A Iron warrants Sep 33% 4 13% Beck 14% 4 .18 Sand A Stone Co Feb 35 —- Beau-Brummel Ties 14% 6% Community Public Service. Compo Shoe Machinery— 125 21 com A Co common 65% ordinary. Oct 20,500 8% 9% Si Steel Corp Basic Refractories Inc Feb Jun 5 Colon Development Airlines U 5% 5 8 % common Barium Baumann (L) 38% 11% Sep 41% 14% 5 & Pwr Ltd Jan 2,600 40,800 16 Commodore 5 14% shares 1% 1 65% 2% Feb 41 5% Locomotive— Barcelona Tr Lt 9% Mar Jan 1 1% 7% 6% July B American 6 61% ;. .18 - Baldwin '10% Mar Jan 6 1,800 9 8% 62% Colonial 3% 3% 1% preferred Baldwin Rubber Co common Banco de los Andes- Aug Feb % Oockshutt Plow Co 14% 1,600 7% 30 -8$ - 17% Club Aluminum Products 4,500 A 30 Corp warrants Atlas Plywood Corp Automatic Steel Products Inc Automatic Voting Machine Bab cock A Wilcox Co 65 Jun 14% .18 Clayton A Lambert Mfg. Cllnchfleld Coal Corp common.. Sep 9% «... Atlas Ayrshire Collieries Corp Jun 11% 700 8% 8 Controller Co Colt's preferred Jan 57% Sep Jan 9% Electric Industries— American dep rets reg 9% 13% 125 ■ Oct 400 * 16 Clarostat Mfg Co.. Claude Neon Inc commc Associated Avery (B F) A Sons 65 16 1 City Auto Stamping City A Suburban Homes. 109% July 10% 7% 9% , 113% 9 19% 23% Feb 20% 23% 8% 20 Atlantic Coast Fisheries— Atlantic Coast Line Co 64% 16 8% Cities Service common. 3% May 8% Jan Apr «... .... Ashland Oil A Refining Co $1.20 conr preferred AsDlnook (The) Corp Jun ;i% 10% $7 pfd— Feb 5 103% 2,900 10,400 11% 2% 700 3% 3 3 6% preferred Arkansas Power A Light 400 17% Jun 280 108% 109 108% Arkansas Natural Gas common Common class A non-voting — .4 High 9% ' ~7% common Equipment Corp .18 Low 775 9%, 64% Chief Consolidated 850 Range Since January 1 High 9% —I common. Cheseb rough Mfg commox Chicago Rivet A Mach. Chicago A Southern Air Voting trust ctfs 15,000 % 105% 106% 106 Low Par Oct 4 Feb Anglo-Iranian Oil Co Aro Exchange Shares of Prices Sale Price High for Week Range ; Last ; f Sales Week's Friday STOCKS— Shares High 3% 4 American Writing Paper commonAnchor Post Products Anger man Co Inc of Prices Sale Price Par American for Week Last New York Curb Exchange WEEK ENDED OCTOBER 28 FOR Sales Range Friday STOCKS— Monday, October 31, 1949 EXCHANGE CURB YORK NEW CHRONICLE & FINANCIAL COMMERCIAL. THE <1722) 7% 7% 300 10 9% 9% 50 2% Jun 37 Oct Oct 4 Jan July 7% Jan 7% Mar 10% Jan 6 Glass A non-voting Glass B voting. Ford Motor of JIX 4% 22% 4% 23 2,400 Jun 4 5% 17% Feb 23 Mar Feb Oct ft ' Feb ti % Jan 23 20 22 Franoe— Amer dep rets bearer— % II 32,200 A July 4 THE Number 4851 170 Volume COMMERCIAL & YORK NEW CURB RANGE FOR WEEK Week's Friday Exchange (1723) EXCHANGE ENDED OCTOBER 28 Range J of Prices Friday Shares Week's STOCKS— Last New York Curb Exchange Sale Price for Week ■? ' New York Curb CHRONICLE Sales Last Sale Price STOCKS— FINANCIAL Range Since January 1 4 Sales for Week Range of Prices Shares Range Since January 1 * Fort Fox Pitt (Peter) Brewing Franklin Simon k Go Ine 4 % * preferred conv Fuller Oo (Qeo A) Low High , High 12% L2B common——1 80 ■ 10 y2 12 7,800 14% Oct Jan 9% Sep 23% Mar 10% 10% 10% 7Vi 1.000 ■ 32 11 Jun 4% cumulative Sep ■.' » 6% High Low 6%: 6% 2,300 111 : <■ » - —1 17% —1 2% 2% -l 13% 13% -1 - lfV lft Kirkland Lake G M Co Ltd 15 Feb 1,700 2%, 2 14 Jun 9% (D Xmll) Co common. Kleinert (IB) Rubber Co Knott Corp common l.ft Feb 1J 6 % General Alloys 400 1% 400 3Va 400 1% Oo 3 3 23 Supply Oorp com—1 preferred 20 conv 88% July 4% Jun 5% 23 23 6 .f 1 jun 2% Jun Feb 75 92% 2,600 12 12%; .1 22% 22%"* .1 7% 600 7% 18% 6% Oct Jan 3 14% Oct 1% Sep 10 Jan 12% 10% Mar r 75 300 : Oct 18% Apr : / Oct 23 July 8% Aug Feb ' Krueger Feb 8 • .11 Stores Sep "'37 Brewing Co .1 14% 14% 13% 13% 100 12 500 10 14% May Oct '' : Mar 1% Apr 3% : Jun Jan Feb 22 300 Kobacker 15% Oct 14% Mar 92 5% eommoi General Builders 8% 15% 92 preferred Oellman Mfg Oo 700 20 15% 7 ' 18% 18 1 Jan .... V Klein Gatlneau Power Oo eommon. High Jan 3,300 37 3% 700 - 37 26% 9% common— preferred King Beeley Corp Kingston Products Kirby Petroleum. Sep Low Par Kings County Lighting Oct Jun 8yB May 100 14'A 6% 8 10% 12'A --1 Oo Brewing Low Par ;<.■ 23% Aug General Electric Oo Ltd— £1 1 10 7% Jun 8% Jan 2,100 5ya Jun 6% Aug Laniede-christy Company L'Aiglon Apparel Inc. 35% 37% 400 7% Jun 8% 6 % • pfd——.100 29 V* Jun ~4% ~4% 1,700 preferred series A- 5% General Fireprooflng common General Outdoor General Adv Phoenix •*> Oorp_ .—1 Georgia Power $8 preferred •B preferred— (A C) Gilchrist Jun 116 "3% "3% ~4% 105 3A Jun 107 Oct 1,900 5% 5% 2,000 3% Jan 20 Loblaw Jun 21% Jan 100 9% Jun ,11% Jan 1,100 13% Jan 20% Oct 2% 20'A 800 1% 42% 50 "35 31% 100 21 7% Sep 6% 80 Mar Gray Mfg 74% Jan Feb H Jan % % % 10,100 % Jun 44% 44% 44% 30 44% Oct -53% Jan 3% Jun 5% 82% 8% ' 8% 8% 12% ■ 11% 200 6 ■ 12% 1,400 Jun 8 7% 1st 13 ; Oct 127% 125% 128% 675 103% Feb 131% 131 % 132 170 128% Sep — preferred Northern • _100 stock Paper 7% Oct Jun 10% Apr 11% 1,000 17% ——' 13% May 9'/8 Mar 10 Vz ■ 17% Feb 24% 3,900 ■ .. 97/a 11% 23% 24% Oct Jun Mar .6% Mar 11% Oct 28% Oct 27% Sep 2,600 Jan 26'A »2.0% Jun 24% Oct 100 7% Jun 9% Sep 9 1% 1% 46,100 % Feb 1% Sep 102'A 104% 950 77% Feb 104% Oct 1% • 104 100 92% 100 Louisiana Land & Exploration Louisiana Power A Light $6 pfd '' 90% 92% 2,800 66% Feb 92% 24% • 26% 19,100 16% Feb 26% 25% 1 , Western V Lynch Cory 128% Oct Mstnc Public Service Rights Co ; 12% 13% 1.100 A 14,600 13% 13% 300 25 25 14'A 10% Aug 300 Mangel Stores 1" common • 32 Jun 40% Sep Manischewitz Sep Jun 28% 7% Sep Oct Mapes Consolidated Mfg Co— Marconi International Marine 102 13% (The B"» 32 I 25% Co •' 7%; 13% 10 ; Feb 142 12% -J 380 26 11% J»n Feb M liacktn«ASh.n«mphl11 tin 200 350 39% 25'A 11% a 745 39% —25 25 % 2 Brewery Products common_25c Gulf States Utilities $4.40 pfd 100 Gypsum Lime k Alabastlne 8% 8% Stores orxocery 108 * 109 Xl4 t Xl4 109 8% Feb 109 Oct Feb xl4 Oct 150 ^ Communication Co Ltd Marlon Power Massev • Harris McAleer ■ July 8% 10% Jan 13% 6 100 32 FeD 40 . 27% Jun 25 14% Apr 13 — Hamilton -B - McCerd Bridge Oo Ltd Hammermlll Electrlo Light Hartford Rayon 25 .. 45 45 V - 7y8 300 14%. 45% - 4% 300 10% 14% 14% - 300 5 9% III—8 Paper common Hartford 4% 5 * 6% Jan Riar 10% Oct 44% Jun Corn 38 1% "'1% 1% ?■ C 600 iya 1 1% 1% 1% 600 1% July —1 10% 10% 10 % # 14% 14 15 • 2% Jan Menasco 1 Harvard Brewing Oo Hathaway Bakdrlee Inc. Hazel tine . Corp. _ _ II—Ib Hearn Dept 8toree common Hecla Mining Co 7% 7% Cn*M Heller On preferred Hoe (R) IO'/b Mar 12% 600 11% Oct 11% 98 97 73% 72 73 42 1- 44 - < 91 Jun t>K Mar Mlcromatlc Hone Corp Jan 4 Aug Jun 33 Sep 17% Jan A Hardart Horn 6% (Harvey) Humble Oil Inc common— ... Common Huyler's 32 3A 50 41 32% 34 ■ 12 % Oct 50 V39 Aug 133 Jun 500 - stock Feb Oct 34 Oct 111% Aug 8 19% 400 16 'A Jun 81% 6,700 68 >A Jun 5% 2% Jan Class B Middle Mldvale Co Mid-West Imperial Chemical 5y8 Midwest Registered OU Mid-West Oct Miller 2% 2% 2% 500 1% Jun 3%i Jan 15% 15% 15% 175 10% Jun 22% Jan Minnesota Feb 2 500 14% 6% 6% 650 18% 17% 18% 29,000 11% 3 Aug Jun 18 8% July 10% Jan Wohl Co Power Si Light 96 118 Cigar Machinery International Mountain Producers Jan 12 % May Sep 110 88% Jan 98% 98'/2 Jun 119% Oct 10% Jan 13 Aug 1,250 International Metal Industries A International Petroleum Registered coupon 47 Jan 63 Aug 50 20 Sep 23% Iron 60 1% shs_* shares 11 4,800 200 6'/a Jun 6% Jun 11% 300 8% Mar to 900 1% 5,500 % May iy8 Feb 900 13% Aug 1% 1% 15 14% —* 5% % States Tel c—; A 100 lei Muter 1 ^ 1% May 17 Inc Apr 1% Jan National 1,700 1% Jun 4% Oct bra Jan 5% Jan 3% Sep 4% Jan 18% July 200 J% Aug % Feb 20% Jan common. Hess 1 —• common Fuel • Gas T% pfd. 1 1 National Kennedy's 11$ National l$$ page 33. Corp 2% Sep Sep May New Tngland Tel A Tel 12% Feb 15% Oct Ne*' Haven 11% 13 Jan 12'A 450 9V4 Jun 9% 575 6% July 11% 700 9% Feb 101% 101% 30 9% 127 . 101% Feb 4% Jan Jun 20% Oct May Oct 24 % Sep 100 19 4,800 1% 3Vb Mar 7% 7% 1,700 6% Jun 7% Oct 29% Jun 32 % Jan 10% 11% 10,100 7 % Jun 11% 101% 101% 25 93% Jan 102 Sep 24 Feb 32 Oct 7% n 31% 32 200 32 7% 7% 7%. 1,900 3 2% 3% 7,100 98% 98% 25 86 1 July 75 98 ;: May 102% 103 2% 2% 300 2% Oct 36% 36% % 4 % 4 4% - A 6% 2% 2% Oct 104% Sep 27/8 Aug 185% Sep Jun 37% 3% Jun 4% Jan Sep 1,300 10% 28% 32% Jun Sep 95 July j 50 17 Mar 600 24 20 102 3% Mar 99 300 1,650 . Apr 8% Mar 30% 13% > 14% 102 Jun 167% Mar 32 14'A 32% 102 Jun 25 190 177% 179 14 y* Jan 33% Feb 103% Jan 23% 29% 30 7% 600 8% 25 Oct Apr :t 30' Aug Jun 10y« Jan 10% July 13% Jan Jun 12y* Jan 10 23% 9% 100 Sep Sep 12% Mar 105 11% 200 10 300 If • 4 A % May Clock & Watch 4'A 3% 3% 34% 34% 35% 10 10 10'A Jun 13% 3 Mar 7% 7 4,100 7% 300 convertible preferred New Jersey Zinc New Mexico Park Npw Process & Arizona Land Mining Co Co common.. 7% 470 29'A Mar -- 6% 6% i7% 7 8% 1,800 200 5 Va Oct Jan 4 July 36 Oct Jan 8% 35% Aug Jun 10% Aug 6'/2 Jun 11% Jan 9 Ve Jun liy» Feb 6'A Jun 10% Jan 5% Jun 7y4 May Jan 9 8% Mar 8 8'A 400 14 y4 Jun 3 3 700 2% Sep 3% Mar 2% 8% 2%. 13,400 2'/a Sep 4% 12 12 12% 17% 16 17 5% 5% 92 92% 5% 93 18% 300 6% Feb 13 3,800 12% July 19 100 5% Aug 3% 78% May 520 % , - Sep Jan Oct Oct Sep 94% Oct Sep 2% Jan Mar 7% Jan 1% l'A 100 4 1 4% 250 3 54 56% 7,000 51 Jun 67 8,200 6 Feb 5,700 1 Jun 11% Apr 1% Apr 65 Apr 75 ' 55 —1 8% 1 1% * 2% Mar 34 ® $ 1 20 28 5,700 ' • 2% 100 Co 200 4% 3% Jan New preferred. For footnotes see (Herman) 700 Kimberly-Clark Oorp— 4%*' Apr 16% 2% 1 30o Transit common 49,100 9% 12% A Co. —— National Union Radio 5% 11% Inc (Walter) Machinery 117% Key Oo common. Kidde Rubber National Steel Car Ltd 15 % 4% - Jun 24% 2 4 National Radiator Co Neptune Meter common Nestle Le Mur Co common—: .1$$ • Co 9 3% Aug 24% 2 1 Mfg A Stores common 15 4% Kansas Gas A Electric 10% May 16% 2$ preferred Nelson K Kawneer Sep 25 900 9% Breweries common 6% Oo. Kalser-Prazer Corp Oct 2% Mar 20% -1 Bellas Jan 6 '/a 3% Oct 10% : July 19% .1$ Namm's Ma? 5,800 - Feb 18 200 11% Corp Jan % 4% 3% Oct 8% 39 N Nachman 3% 2% " 9% Jan 600 5% 3% Kokenge 50 Jan National Jfm Brown Stores common A - 1,700 common— National Pressure Cooker common Julian Jan 1% May : 29% Jun j Co common Company National Preference Or. 3% 1 * 2.80 National Malllnson Fabrics Jefferson Lake Sulphur Go. ' 3% • • Vernon-Woodborry Mills Ohio Mfg Co Muskegon Piston Ring common National 4% 1,600 •V,V 13 lOo 10 Mt 7% Jeannette Glass Co common—.... 7% 39 Oct 93/a Aug % May 5% May... 67/a July 11 3% ( Murray 200 5% H 1 Italian Superpower Oorp com el 6% 1,500 3,400 1% 9 Oct 8% Jun 9 12% July % , Irving Air Chute 9 11% 11% • Razor B Fireman Mfg vtc 700 9 8% 9 • • 4% Jan 23% 10 8% 6,400 V 200 49 Jan Oct 12% 22 ; * International Product* International Safety Investors Royalty 12% Mountain Muskogee 59 7% 39 11% States Power common. 13 % 3 950 59 •12% • 8$ 1%- pfd Oct Feb Jan Hydro-Electric— Preferred $3.50 series Oct Jan . 23% -IN 4.80% cum pfd series B lit Monroe Loan Society com class A 1 Montgomery Ward & Co class A——* cum Oct " International Apr 6% 37/e 45 23% • Moody Investors partic pfd— Morris Plan Corp of America 14'A 96% 116'A 118 . 20 Feb 1 1 Oct 11% . 10 Jun 5% 6 . Jun Missouri Public Service common Feb 3,700 18'/2 13 t: 8% 8% pfd—10$ 5% 4% 18% 8% tl pfd—100 _ Jan 110% 1% * 18% "* A Ireland Indianapolis Pwr A Light 4% 300 49 80 Feb Imperial Tobacco of Great Britain' Insurance Co of North America .1 Oct 6'A 80c common 4%% Mountain 13% 900 17% 12% 18'A Jani' Apr Jan 3% Aug II • Jan 3% Mar 3,700 1 convertible preferred Mining Corp of Canada I 6% . 15,500 Refineries Sep 14% • 49 8% 10 Co 7% 49 Industries— •_• 3,800 2% Midwest Piping A Supply common Oct Jan - 6% Imperial Tobacco of Canada Sep Sep Sep 9% 2% July 107% 4% 7 • Apr ' 6 ; 80s 4 • R '• 4% 10% common Abrasive 4.40% Amer dep rets registered imperial Oil (Canada) coupon : '"■£ • v%; § "4% • 43 common. 2% 9% Corp Monogram Pictures common Monongahela Power Co— Co 1% Mar 2% Molybdenum Zinc 15% 6,100 2 i- • 25 x49 • Illinois Jun 3,800 v. 2% $2 non-cum dividend shares 350 I 33 13 y4 900 40 ... 10% Midland Oil Corp $1 conv pfd Steel Products— 6% Hygrade Food Products 17% Jun 25% July 6% Sep Midland 1 1st conv Jun 34 _- ■ 5 common I common l',. —1 Corp 6% 48 A 11% '4,300 V; «««» . t C—1 t c v West 6% *49 ! 1 v Oct 82 400 5 Va • A 1$ Jan 21 79% 80% warrants preferred Hydro-Electric Securities . 30y8 42% May 159 19% * A - 106% May 8 A Refining i. Mfg Oo i ; Hussman Refrigerator $2.28 pfd Lock 3 20 12% 159 100 Hub bell Hurd 12% 41 154 • common preferred 7% Jun 25% '» a ii'v • common Middle States Petroleum class A 700 _l Michigan Sugar Co 8% preferred Jan 3 3/8 • Oct Apr 3'A • Oct May 11 3% 18 '■■'J'I 7,500 ; " 0"; 25 7% 14 1% : 1 2.60 4bm 1 Co 98 % 74 Michigan Bumper Corp Michigan Steel Tube Jun • & 7% 11 39 Vt Holly fltnre* Tn« : Holophane Co common Baking Oo Mar v' 13% .18* Participating preferred 350 •:•• 5,900 A) —1 9% 9% Inc Co Feb 9% (Geo 2 .100 5% 9% Hormel Jan 100 8 Horn k Hardart preferred 1,100 Bollinger Consolidated G M Horder's 9Vt 140 • 9% 8% 44 10 2,000 : • 11% 98 % 9% Feb - Oct 11'A & Co class A Metal Textile Corp common 200 i 1 8% 12'% 12% 100 Mesabl Oct 12% —100 Apr Feb 1'- W 8% 15% * common Jun 12% 15% 2 w 6 Jun 11 15% 8%%* preferred w W 4% Henry Holt k Oo Feb 8% July 10% 15% f/immnn . 18% Iron Sep m.p»i C'f. Warrants Jan A •7 37 2 Sep Jun 1% % 17% 1, Oct Feb 5% 17 13%. 4% 2% 37 V' Jan« 21% 100 17 • Feb 8% Jun 400 1% 9 2% Jun Feb 13 1 37 , . 4 '/ 7 1% 1 11 575 10% • A 6 %f# 3% V -S Do 1,100 I 25o V Rubinstein 8 Vo Mar As Sep Jan % 2% 4% ' 1,300 s-: 4,000 4 .—1 __ Mfg Co Chapman & Scott Corp— Merritt 6% 21% 9 2,000 ; 7% common _ Helena 200 I'-.' 2% July 10% Oct -- — 6% 19% -10 cnmmnn Johnson . ' ' 21 1 common (A G) & Co class B McWilliams Dredging Mead ; • McKee Jan "'•••si'-U•'»y:',; -10 $2.80 preferred *80% Jun —1 common 17 u Mar Jun 12 180 - Sep .. ' .81 — com m on , ^ .• , •' convertible preferred McClanahan Oil Co common.. H On •%!' — Apr ' Oct Apr ' flhnvel Mfg Co 31 ' Yi-.-'^i 8% Ti*mn Oct Oct Oct 114 111% July * ' Griesedieck Oct 7,300 24% 9 -1 Jan Feb Great Atlantic A Pacific Tea— common Feb 9 16% 11% Jan Jun 5 7 1 • Non-voting 6% 100 Jan pfd—28 Co Apr 200*. 9% ■ ctfs of dep_ preferred A ctfs of dep preferred B ctfs of dep Jan 49% Mar • 10 conv Apr 6% Mar 23 Jun 21% Mar Common Jan 50 Grand Rapids Varnish 8% Jan 19 6% -;.io% 11 .1$ Longines-Wittnauer Watch Co Long Island Lighting Co— Jan 1 class A Jun 5% 800 23% 32% Jun v • Mfg Oo 6'/b 1,000 Groceterias class A. 43 1% Jun 1% 31% Mfg common Graham-Paige Motors 1% 4,500 6 24% May Locke Steel Chain. Lone Star Gas Co. (Texas) 16 4,700 42% Gorham 7% 9% :t "■ 16% • common Oct 1 11 —1 1 Corp common Llpton (Thos J) Inc 8% preferred—IB Brothers Sep Jun 6% ' — — Lionel Lit Jan 14 % 20% 20 • 1 _ 0% Jan Jan 17% 20 ;■ ' B Gorham Inc .1 „ Jun 8% 5% 20% 8 Oct 3% 6,100 5 6% 6 » Inc 11% " Goodman t (RG) 18% 10% ' 10% -i.-—1 $4.80 prior preferred Goldfleld Consolidated Mines ! Tourneau 6% 1 - _ __ 13% 1,200 13% 4% 12% Class B 17% 17% Qodcbauz Sugars class A— Class Le Jan 9»A 1 common. La Salle Extension University.. Lefcourt Realty common 12% July B (Adolf) fee May 4% Aug 6% Sep Jun 4 • Ino i Mar Jan .21 Distilleries class B Globe-Union Gobel 100 • Coal- Alden Feb Jan Jan 3% 25 • common Co Glenmore 5% 4 95 2,000 114%,; Lakey Foundry k Machine Lamson Oorp of Delaware Lanston Monotype Machine Sep 5 1 12% i 37% Aug 104% 1% July ; 1 Gladding McBean At Co— Glen 3 5% 1 Yellow knife Gold Mines Gilbert S • Gerlty-Mich Corp 114% 114% • Jun 100 ■ - _ _ Oct *112% 2% 3 General Plywood Oorp common— 50o General Public Service $8 preferred—* Giant 13% Lake Shore Mines Ltd Amer dep rets ord reg General Finance Oorp common 8'/s 1% 9%, 1% Jan Jan 31 32- THE (1724) COMMERCIAL FINANCIAL CHRONICLE YORK- CURB NEW V 1,' & Monday,' Octobers fpl 949 EXCHANGE RANGE FOR WEEK ENDED OCTOBER 38 Week's Friday Last V. STOCKS— Exchange New York Curb LOW Par N Y Auction Co N Y Ac T If ;V:, High common.-— ' //. '■' Low 31% 12% r Corp— 31% 250 26% 13 600 10 Jun Jan 1 Niagara Hudson Power common— .100 6% 1st preferred .100 5% 2d preferred Niagara Share Corp common—*— —§ "14% * 14% 14% 106,300 101% 102% 102% 97 ,98 98 875 ' 12% 11% 92% 9% 9 % • 1 Sayre 7 3/4 Jan 8% Apr 15' " 2,300 3/4 43 * A— Oct 200 41 Va 43 2,600 26% 43 class Oct 98 Vs 413/4 43 2,300 28 % ii * li's Apr Oct Sep — & Fisher Brick Schulte (D Inc A) Shares Range Since January 1 High Bcoviii Low Steel Co 2 1% 1 3%, May —:~ 8% Jan 1.000 2.XOU 14%.Jun North common— American North Central 5% pfd .100 2% Securities Corp General • Segal Lock & Hardware 24% 25 16 16 Belby 13% 3% 9,500 83 % 105 Jun 10% July 2 Vs Jan 700 2% 84 2% 15 Vs Jan 3 Vs Apr Feb 84 6% 4,400 15% 107 5 3/8 5% 89 Jan Sep 82 500 15% July 1013/4 40 105% 400 Shoe Co Selected Industries Inc Convertible stock Jun - 1 Va 100 1 % 5,600 13% 13% 50 3% 29,600 213/s 22% 3,000 88% 200 1 v-Juk v 15 Aug Jan Jan .2% 10 ~1% 1 N- 2% .-3% Jun 20% Jul* .. -** ** Oct '--'28% Jan -dL9% Jan 2 Apr w v.-..;. Jun 17% Jun 1% Oct 12% July 2% Jun 1 16% Feb 3 % Jan % Jan " — — 1 common Jun 1* * 1,600 87% *' * Oct Jan 2% Mar 3,200 - 1% 1 Bros Inc 8,400 13 1 Seeman Oct 1% 2% 800 2% 24 Va •' •' " Oct Feb 1% 600 123/4 3 -50 Northern Indiana Pub Serv 2 12% l Co RR Penn 2% !• Oil Airlines Northeast North Securities- Utility Texas • Mar 21% 11% ... Jun *vs 1,300 3% ♦ 2% 2% 25 — common 2 ft. ->3 '•*,« 1 43 ... 1,600 6% ' Class B High 1% July 25e 43 Apr 8% 21% 6% 1 Co Manufacturing 7% 21 6% 1. —r common Scullin 8% 21 49 Xl02% (O; "v* 14% j Low 1 common Bait Dome Oil Co Samson United Corp common Savoy Oil Inc (Del) 2,500 9% 14% Mines- Apr 14% Oct 12% Oct 9 3/s, Sep * Eayon St Lawrence Corp Ltd 1st conv preferred 13Feb 20 , Jan 9% Jan 700 * Nineteen Hundred Corp common-— American Par for Week of Prices 32<*Aug 94 Va Mar 180 „ ' 12% Nlles-Bement-Pond North Feb Sales Range Sale Price v, Jan - __1 Founders shares Nlplstung : Jun :■" 7% 8% Week's Last New York Cure Exchange High 7% Aug 15% 31% JO T Shipbuilding Range Since Janaary 1 12% .10 Rosarlo. Honduras Friday STOCKS— Shares v"'"'• ?! Merchandise N Sales for Week Range of Prices Sale Price 3% " 5 3 ' — 21% prior stock Allotment certificates 25 15 Jun 22 % Oct 72% May 88% Oct 76 $5.50 May 91 Oct —1 Northrop Aircraft Inc No/adel-Agene Corp 6 * __ Jan 5 Jan Jun 4% Jan Aug 11% Jan 13 Vs May Semler 1 4 ~3% ~4% 1,200 3 19 Sentinel 1 3% 3% 4% 1,700 2 Sentry ' 1 ii ii % 1,000 % Jun 200 8% Jun 7/a Oct 13 % Jan Jun Aug (R Inc B) Radio Corp common Safety Control Berrick Corp class B Beton Leather 1 common — Corp Ohio Power 4%% Oklahoma Old Co class United B 2% 15 2% 43% 110 Fiiters class B 110% 31 31'At 1 1,300 9 - Sep 2U0 Oct Sherwin-Williams 112% Sep 8'A • 11 1 11 O'oklep Copper Co Ltd Amer shares 32 9% Juu 4% common preferred Sherwin-Williams of Shoe Corp of America 14 Apr 16% Sep Blck's 1 Canada Pacifc Can Co 14% 15% 1,400 12% Jun 22% Jan Bilex Co 10 10% 700 6% Jun 10% Oct Bimmons-Boardman 7% 1st pfd— 35% Lighting $4.50 preferredLight 5% pfd— 103% 5% % 1st Pacific Pacific preferred 7% 200 35% 3,400 31% 300 32% Aug 29% Apr 103% 104 100 % common Corp Governor 38% Apr 4 Jan (Mass) 11% Jan South Apr 17 Jan Southwest Southern May 24% Jan 10% Aug 15% Jun 80 Jan 45 45 50 io% n 33,200 41 Jan 5% —1 23% 10% Apr Jan * 1% 104% 103% 104% Apr 4%; 4% Sep ii Jun Oct 3 Jan 4 400 Mar 29 % Mar •i Jun 100% 150 26% Jan 7 • 47 Jun 27% 21 Sep 5% Mar 3% 54% 54% 900 50% Jun 69% Apr 10 10% 300 8% Jun 10% Oct 54% 2.50 *■ 1 Jan 4% Mar 3 A 3 RR 1% 13% 14% 50 50 *'•'■'■ 3% 55% 56% 1,210 17% 18% bUO 3% 3% 200 Jan 13% 13% 25o 13% 5 Oct 5% 6% 7% 5% Pa Pipe Co class B Providence Gas Jun 18% Oct 3% 3% 3% 3% ~5% ~5% 244% 230 2% 100 13% 6,600 Va 9,400 2% — 1 1 13% 2% 3 9% 9% 3% 9% 30 Mar Feb Jun 25% Jan 3% Feb 9% Oct 6% Jun 2 Va Jun 25 37 3% July Jun 14 Oct 36% Jan May 18 Jan Jan 45 43 29 31% 3,600 25 29 Vs 29 29 Vs 300 26% Mar 30 % Sep 25 26 Vs 26 26% 300 23% May 26a/4 July B 37% 35% 37 Va 1,500 5 16% 16 Vs 16% 400 conv preference 4.32% cum preferred Southern Pipe Line Southland Royalty Co 10 900 28 Queen Corp conv cl A Spencer Shoe Corp Stahl-Meyer Inc Convertible preferred Standard Dredging Corp 2% — $1.60 convertible 3 8% Jun 39 Jan Feb 17% Oct 3% Oct Jun "3% ——20 17% _—1 9'/s Jan 4% Jan; % 200 Jun I Aug 1,700 5 Jun 9% Oct 200 16 Jun 21% Feb 17% *17% 1 6% 8% 7% 10 3% 3% . 17 17% T: % 200 2% - 4 3/4 Mar Jan Jun 19 May 9% 300 Jun 35% 1,200 28% Feb 10% : :i 35% Jan 3?%. 34% 3%' 3% 3% 13,600 1% Feb 3% Oct • 3 3 100 1 % Feb 3% • Forgings Corp (Ky) 145 147 40 112% Jan 10 1 $7 preferred Standard Products Co Standard-Thomson Corp Standard Tube class B 1 7% 4 3% v3,100 4%:: 8 3,300 3% 4:> 3% 3 1 7% 3% 2% 1 1 ; 16 % 150 * 9 • Starrett July 2 Vs Mar 600 %V i 1 preferred Oct 13% 3% 2.7$ common; Feb 31% 26 -• Standard Brewing Co Standard Cap Si Seal common May 29% 4 • - - Apr Mar 27% 1 Speed ' 4% 13% May Stein (The) Corp (A) & Co • 79% • common Sterling Aluminum Products Sterling Brewers Inc 7% 1,600 150 5% July 2% Sep Oct 7% 3% Jan Oct Jan Oct 2 Jan 3Vs Oct 2,700 2% Jan 4% Oct ' — — 73 Vs 'i*. % 11 ' Sep 8% Jan % % Apr ISterllng Engine Co Sterling Inc 1 14 Va 5% Aug v Jun; 79% 1 3% 3% • ' 1 7 V2 7% 80 7% 11% 700 8% Jun 11% Jan Stroock 1% 4,200 1% Jun 1% Jan Sun 7 Jun 8% Jan 10% Jan 91% July 96 Oct Stetson (J B) Jun 38 Jan Feb 9 Oct Stlnnes (Hugo) Corp Stop Si Shop Inc 26 9% Sep 125 95% Jan 102 Jan (S) Co common Si Co 13 Jun #% May 800 5% 1 Jan 13 Oct 1% Aug 4% Jan 100 2% 2,600 700 10 Va Feb 12% 13% 1,150 10 Vs 4- 4% 4% 300 4% 17% 300 17 Oct 7% % Mar 18% • Oct Jan 2% May 9% JUly 1% — 26% 15 900 13 25o 79% ' 1,200 3% 18 Vs 2 Va. • common Jan 19'/a 200 18% 5 1 Ray Drug common Superior Portland Cenent, Inc Superior Tool St Die Co 67% 250 7% 13 v 170 26% 11 *24 "•*' 1 com 6% ■ 300 % Mar 14 14% Oct 2% Apr Oct Jan 18% 13% Oct 5% Jan Apr 18 Oct Aug 101% Aug K 101% 102 Jan Jan 4% Oct 1% 43 200 Colorado— 2,300 13% 30% Oct Jun — 2,300 28% Jan Vs May 2% Jun 400 3% 31 % 3% 31 93 Jun 8% 1,900 Aug 25% % A" 2%;,. Jan 87 1 1 w-4 CSJ 28% Apr 39 Feb 31 2% 69 Vs Oct 3% 28% 14% P Jan 244% 220% 43 Jun Oct 7% July 2% Mar 1,400 240 ■ 241 25 Jun ■ Jan Apr 25 Sep / 4% 29'A 28 3% . Jun May 4% Oct 27 ~5 preference Jan Jan • 400 Jan preferred 9 1% 102 14% July cum 32 10% 100 100 109 % conv Standard Power & Light com Common class B • preferred Oct »-» 00 10 original preferred 96 1% 16 - 8% 11% Jan 4.88% 31 1 Prosperity 11% 105% Mar 4.56% : 95% 3 - Producers Corp of Nevada 20 1,200 Edison— Jan 11 8% Sep 16 CO vM 8k ^ 1 Line California 24% *- 2.50 100 15 1 Sep >11% 3,100 7% 108 15 16 • Standard Oil 11' 2,900 108 "f; -- 12.50 Standard 3% Jun 50- 5 • -- V- 1 2% 2% 2% 1,500 2% Jun 3 Jan .—II Swan Finch Oil Corp 8% 8% 6% 275 7Vs Jun 11 Mar Oct Light— preferred • Puget Sound Pulp Si Timber Pyle-National Co common Pytene 100% • 12% 99% 100% 625 94% 12% 13% 2,100 11% * 12% 12% 25 10 com Manufacturing 6% 7% 500 Jun 21 Va Jan Mar 9 14% Oct Jun 7% May Tampa Electric Co Technicolor Texas Inc Power & 98% - preferred 100 Quebas Power Co. 98% 100 , * 550 85% Jan 100% Oct 153 154 130 143% Apr 156 Sep 15 153 15 25 13% Aug 15 Oct Shovel Thor common Corporation Thorofare • common Co new IlOO pfd Roofing Inc Tishman Realty St Construction- Allied 120 400 13 10% 200 8% Jan 10% 13% 79% 40 r% 32 Oct 15% 128 Sep Feb 17% Jan 13% Jan Feb 13% Sep 7% July 1,500 79% Jan May Sep 8% July 1,200 13 15% 1 26 11 10% Jan 2,000 8% • Stocks 40 — —— 1 Si 4,000 15 10% —' 25c 700 15 14% __-5 Inc 32 122 14% 122 122 a common common Markets Tllo Tobacco 31% 14% common Light 7% Thew 6% 67 . Inc common Metals of America Oats Jan 100 Steel Co of Canada 10 Prentice-Hall Quaker 53 , common Oct 54% . , Coast Corp common Penn Oil common Jan 16 36% Feb __ 56 1 1 common common——2.50 Power Corp of Canada common • 6* 1st preferred 100 Pratt & Lambert Co & Manufacturing South 1 % ' 5,000 1,200 £ 1 : 10% 2,100 2 14 64% 1 -1 8% Feb 57/a July 15 63% 1 2% 2,500 2 11 300 3% 41 % Jan z7/« July 2,900 300 1 Powdrell & Alexander cumulative 3 1,100 15% 15% 32% Mar:: 700 400 6% -3 Mining Co Puget Sound Power •V 15% 6 15% ; shares Pleasant Valley Wine Co Pneumatic Scale common of 1 15% • 1 : % 500 common Pittsburgh & Lake Erie Pittsburgh Metallurgical 3% 36 Oct 64% 106% May 35% 20 — Piper Aircraft Corp common Pitney-Bowes Inc Pittsburgh Bess & Lake Erie Boss Jan 3 2,900 18% • Paper Mills Corp Jun * Amer .Sonotone Jun 1 Johnson Ltd prior July Aug —2.50 Pioneer Gold Mines Ltd: $5 26 6% • Philadelphia Co common Phillips Packing Co 8ervtce Jan 1% 300 Jun 100 Manufacturing Co 46,800 25 Perfect Circle Corp Pharis Tire & Rubber common 4Vt% ISolar 4.48% common.— Pep Boys (The) Pepperell Mfg Co Public May 50 Traffic Co Penn Water & Power Co Pressed 19 53,400 }fi% "5 Light 4%% pfd——100 Polaris Feb 8% 11 10% 1 Solar Aircraft Co 19 Penn Gas & Elec class A common Penn Power & Pmchin Mar 14% $1 cumulative preferred— $1.32 cum preferred Pierce 98 3% 10% 3,200 • (Howard) 7% Ltd Penn Jan Bmitn 37% Peninsular Telephone common Pennroad Sep 3V» Pen Co Co 105 7% Parkersburg Rig & Reel Patchogue Plymouth Mills 13% • City Gas & Elec Co— 3.90% preferred Sep Jun 3% Paramount Motors Corp Oct 17% Sioux 23% Pancoastal Oil (CA) v t C Pantapec Oil (CA) Amer sh— Patican 33% Oct 18% Publications— Simplicity Pattern common Simpson's Ltd class B Singer Manufacturing Co Singer Manufacturing Co Ltd— Amer dep rets ord regis 15 Pacific Public Service com $1.30 1st preferred Parker 36% Aug s 3% 22 3/4 • common 94 475 Power & Page-Hcrsey Tubes 8% Jan 6% July 34% 31% 6% Jun Aug • Ltd Breweries 10% common-: Feb 2% 19% • class A (3 convertible preferred Pactilc Gas & Elec 11V4 900 1,700 Mar 15 Securities 8% 3 22 100 Oct Sep Aug 300 2% 21% 25 Shelier Mfg Co 43% 32% 70 X32 9 2% Jun 106% Feb 27% July 200 9'/a 2% 21% 1 Feb 2 4,000 42% —100 Gas Distillery Omar Inc.. Overseas 2'/a • common preferred Natural Poiudexter Oliver 50« common Brass 9% 8 Shawlnigan Water & Power Ohio ~9% 11 -• Shattucx Denn Mining Ogden 11 -—• 10% Jun 13% Oct 52 Jan 80 Oct Tobacco Security Trust Co Ltd— Amer Aadio-Keith-Orpheum cwtuway $3 convertible Raytheon 10 • preferred.— 5 6.21 & 2~4~Vs 24% 24% 225 6% - 22 % 6% 23 , 6% 1,000 Valley Gas Co— (Texas Corp) v t c Rochester Gas & Elec 4% pfd F Roeser & Pendleton Inc common • Amer dep rets for ord reg Cable Com Roosevelt Field common- Inc Rowe (The) Corp common Royalite Oil Co Ltd Ryan Consolidated ftyer*nr> I Ar T?«vnw» Petroleum rnmmon— For footnotes see oage 33 yr 23% Oct 56 Apr 4% 5% 3 900 1% 500 19% 19% 20 21% 2% regis 96 21% 300 2% 2% 4,200 2 2% 17,400 96 -96% 375 150 • May % Mar xl7% July 19% Jun , 1% 21% • v convertible IZIi com 10 1. 4% 9% 300 • 1% 2% Oct Union Apr 89 Jan 96% Sep 27 Jan 8 % May 10% Oct Gas of ——. 5% 2% 2% 7,200 2 Vs Feb 2% Mar 25 Jun 200 15% 19% 18% July 24Va Jan 3,400 3% Jun 7% Jan 200 8% Jun 11% Jan 1% Apr 3% Oct 'V'-v-v 19 19 13 18 6% 18% 5% 6 %- Oct Oct $3.75 8 Corp Elastic United Light & Railways. 8%- 8% 18,300 5% Aug 6% 5% ' 4% 6% 2,600 4% July 6% Jan 5% 5,400 3% Aug 5% Jan 5%' 5% 600 3% Jun 6% Sep Jun -50c com United 8% 6"% Omaha—.!— .100 Products United 20% Aug xfi% Feb 37 10 Vs Feb 15 3 3 12 12 3% Oct 1% Jun 7% Jan 600 6% Jan 275 7% 1,600 1.100 12 7% _• pfd series A Feb 300 Jan 10% 92% Jan 13% Aug 7% Oct Union Oil Co of California— Apr 300 3,800 4 10 % 7% 8% Sep 8% Oct 4% 8 % - Jan 4% .100 - Chemicals 23% 5 Aug IS Apr _ Canada United 8 —- 98 % Jun 3% U Ulen Realization Corp., Unexcelled Chemical Corp 21 1.25 1- Jan A 3,000 Jan 2% Jan 8% 22 91% 2,100 • preferred. Union Stock Yards of - 75 ii Jan 25% 80c United Aircraft 9% Jan Jan 2% Mar 4% • 1% Jun 18%. Jun 9% Feb Jan —£1' -—9 1% Feb 98% • Union Investment Co 100 1.S00 n 60 4% _ Lamp Works 6% Jun 2% Inc Tung-Sol Jun Jun *39 % 1 Temper Corp Trunz 2% 98% % 1,250 4 Vs 1 Lux Corp Tri-Continentai warrants True 47 2 2% -IJO pfd Tonopah Mining of Nevada Trans 45 47 -I JO Toledo Edison 4%% 3% —*• % —20 common 4% Mar 37/b ~2%. —5a Shipyard Corp Toklan Royalty Corp Jan 1 • Jan 2% July 3% • Russeks Fifth Ave common Ryan Aeronautical Co 26 400 1 5 Rotary Electric Steel Co Oct Jan Rolls Roype Ltd— Rome Oct 7% 3% 1 1% Jan Jun 4 Grande Jun 19% 21% July 16% Jun 7,300 3% 1 Jan 52 % Mar 22% 4 9 ; 1! A Oct 15% % 1 Co Ricnmond Radiator Rio 225 1 Reliance Electric & Engineering Rice-Stix Inc ' 13,700 _J* Regal Shoe Co (Robert) 19% 1 Manufacturing common Reading Tube Corp class A Reis % 19% & Light Securities— 10 —£1 dep rets def Todd option warranta. Voting common Railway & Utility Investment A Rath Packing Co common Raymond Concrete Pile common- dep rets ord regis Amer R United 75c Milk 97 98 62% 62% 62% 10 2%. 2% 2% 1,400 53% May 1% common- 32 ""% warrants-, % Corp 33% Prfducts participating 33% 32 32% 33 - 62% 3% 40 Sep Oct Jan Aug % Jun A Jan 25% Jun 34 21 Feb 33 Oct 10% Jan 21- Mar 21,200 50 24,600 Jun May 100 . Oct ■ 7% common 7% 75 preferred: 7% May 15% Jun United Molasses Co Ltd^— Amer United dep rets ord regis N-7,RR St Canal. 3% —— .100 . 237.. 237 20 237 Aug -4% Feb Oct 246% Feb Volume 170 :* Number 4851 THE COMMERCIAL Ngw & vopk FINANCIAL curb CHRONICLE exchange RANGE FOR WEEK ENDED OCTOBER 28 Friday Week's STOCKS— Last New York Curb Exchange 6ale Price • United Profit Sharing com 25c 10% preferred United-Shoe Machinery U S Air S $5 U preferred Radiator Rubber 45 46 39% 40 9% 10o T% —_l 137a * 3% warrants——* 84 % ,_1 International 1st S U S 45 '/a 40 1 4% Conditioning Corp and _ Securities with common Reclaiming Co Consolidated Universal Insurance 2,300 2,000 33/4 4,500 3% 84 85 • Oil- 62 Va Jan 2% 4134 Aug 10% 16 % May - 3% Oct Jun 86 Sep 1% 45 2 45 250 Jan 13A 2% Jan 50 % July 35% 10 24 10 25% Aug 27% 26 Jan "or A 7s Nov ex Altalian 1947 1 1952 Bonds Range Since Sold 8G3/a 52 Jan. 1 Low High 62 87 273A No. J-3 4% $36 $103 105 3-J 109 109 52% 60 A-O Milwaukee Gas Light 4%s 1967 Af-3 New England Power 3'As 1961 M-N Ohio 1968 A-O 1971 21 — A-O 40% 102% 2 104% 104% 1093/4 100 60 105 108% 4 $ico% 1033/0 F-A —1963 to— 4 33 3-D 1963 is 50 $25 1952 coupon Power at 85 86% 3-3 3%s 1966 Kansas Power & Light 3%s——1969 McCord Corp deb 4%s 1956 Midland Valley RR— Extended High 50 ctfs Superpower Kansas Electric Friday's Low ) 102 57 65 1033/4 105 % 104% 10 $105% 1C6 106'A Oct Jun Bid & Asked . Co— escrow Isarco Hydro-Electric Co— A 7s with Nov 1 1940 coupon Jan 1% Aug Feb 900 % 43 6% Jun Power A Debenture Jan 3% Jun 1,400 Interstate Oct 1% : Feb 73 • '•7 1 10 common Apr Jan % July 12'A Mar 700 >A*/a 43/8 50c - Universal Products Co 1V4 14% 1% 7% 42% May 37% Jan 6% Jun 190 1.300 1% 13= Jun Aug Week's Range ', High % 4,200 10% Period New Yorx Curb Exchange I 43/4 1 United Stores Corp com——— Universal 400 ' 25 common common U S Foil Co class U Low ft 25 Specialities Range Since January 1 Sale Price Interest bond s Share* High. % . Friday for Week 10 Preferred United Range Low f Sale* of Price* Par t:. (1725) 25% 450 3 3% 2,300 2 Feb 3% Oct 23 23% 900 21 Jan y24 % Sep Utah Power & Light 3% 5 ; 23 • common 21% Power 1st 1053A 106 8 105 3/a 108 103 106% 1st mtge 3s__ 1964 Water & Power 3%s_1964 J-J 106'A 106'A $98 3 Park Lexington Pennsylvania Utah-Idaho Sugar J-D 106 106 1970 J-J $107 108 1st mtge mtge 3%s__ 3s 3'As 4 Piedmont Valspar $4 Corp common convertible Vanadium-Alloys Steel Venezuelan 4% 4% 4% 5 C3 28% 1,500 63 * Co Petroleum——.. Syndicate Inc Venezuela Vogt 1 s preferred 29% l 4 10 61% Sep 71 25 % Jun 34 % Mar 5% 5 !a 5% 7,400 3% '■'3 »/4 3% 5,900 • 12 'A 11% 12% 300 334,;; Mn J«n 3% Oct 123/4 Aug A6%s iApr 534 1% May 10% Hydro-Electric A6'As with Oct 1 63/8 Jan 400 20c Manuafcturing Jun Oct ex 1 Public Service Elec Jan series 51% 51 4 161% 161% 1998 J-J 1952 A l-O 26 51% M-S Edison 3s 148% 101% $101% 102% 100% 101 109% 114 103% 106% —— 105% 105% 105% 161% 105 28 105% $109% 1103A M-3 1965 7 10 104% 105 105 M-N Southern California 1063A $25 1960 Safe Harbor Water Power Corp 3s_1981 San Joaquin Lt & Pow 6s B 1952 W 106% 105% Co— 50-year 6% debs Queens Borough Gas & Electric— 5%s 51% coupon__1980 coupon Gas & 99'A lUo% 9 Co— 1940 1947 93 ' Waco Aircraft Co •"•T'A _• Wagner Baking voting trust ctfs ext_* 7% preferred 100 Waitt & Bond Inc $2 Ward Watch t c v ' 4,'A 30 — Co wi — 1 i '•• — 108% 17s VA 1% ? 11% Aircraft Corp Wentworth Manufacturing 1,100 113A 1% 1% 750 13/8 4% 4% 6'A 8,000 1 x8 Texas Utilities $6 preferred • Western Maryland Ry 7% 1st pfd—100 Western Tablet & Stationery com—* Wickes (The) Williams (R C) Willson % July 'l'A Apr 5s 87a Sep Stinnes 5% w Industries (F Jun 27% 21% pfd W) 15 3A 16 — — — 100 14 77a 700 43A Feb 8 11 Oct 5 12'A 8% 200 x6% Jun ~2fc 10,800 "2% 2 Last Sale Price or Bid & Asked 1st 100% J-J M-S 100 105% f 1966 I 88%' 90 City) mtge 4s ser A Af-N A-O 2017* 55 334s (Aug 9974 105% 99% 105 102'A 107% —■ 111% 112% 38 1 .14 38 190'/a 10° 7a 11774 117% 49 25 117% 1 $53% 3 63% 3234 9674 116 54 3%s -- 50 Bank (Col) — -April 1946 1947 Mortgage Cons 100% 2 99'A M -N 7 102'A 103 3/4 52'A 43'A 100 % 103 F-A 1952 J-J AMedellin stamped 2%s 1951 of Oct 40 ■ 58 46 1 103'A 10 32% 74 7-30 31 "4 77 32% 75 106'A coupon) 75 70 j-J 1952 1 79 73 72 73 : 135 J-D reduced Interest (Republic oft Is to 2%s 15 reduced Government bonds 9 6'A 15 13'A . • — f!': 15% 22% 24% 33% 45 37% 46'A Util¬ 44% 41% £ 73 ities Bond* 22—. 186.20 38 34 66.58 107.79 Oct. 24— 186.54 48.53 33.40 66.68 Oct. 25— Oct. 26 Oct. 27- Oct. 28 60 26% 73 34 61 % $34 v 49'A 34 $4874 ~ 34 $31% 1919 M-S 2% 2% J-J 2% 2% 113 31% 15% 18% 24% 187a 18'A 187a - $30 32 30 84 2 3% 17 23'a 2 3/a 2 3% a Deferred delivery transaction (not Included in year's range), d Ex -interest, (not included in year's range), f Ex-distribution, g Ex-stock div. n ExUnder-the-rule transaction (not included in year's range), r Transaction for e&in (not included in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. •No par value, Odd-lot principal. transaction n ;,v asked prices; no sales being transacted during current week. AEonds being traded flat, SReported r ' ^• ' In receivership. Abbreviations used when Issued; "cons," consolidated; "cum," cumula¬ "n-v," non-voting stock; "vtc," voting trust certificate*; above—"cod," certificates of deposit; "w w," with warrants; "x w," without warrants. Over-lhe-Counfer Industrial Slock Average Inc. 40 Rails trial* 12% $48% (35 Stocks) 10 • Total 1 Rails 104.30 84 99 105.63 99.43 102.69 •104.20 85.10 105.39 99.35 187.70 48.61 38.68 67.04 102.72 104.22 85.12 105.45 99.38 189.08 48,63 38.72 67.34 102.71 10710 85.40 105.35 99.39 190.36 49.10 38 81 67.79 102.70 103 06 85.54 105 36 99.39 190.16 48.28 38.61 67.42 1C2.75 104.00 85.86 105.41 99.51 $7% Compiled by National Quotation Bureau, Grade Stocks .782 $31 — 1921 6'As A5'As "w l," Grade ities 65 70 J-D tive; "conv," convertible; "M," mortgage; Indus¬ Util¬ 83% 70%'/? 80 1997 27c 73 10 Rail¬ 46% (Plan A) to 73 Second roads B $13 7a — J-J 75 First 43.49 : 71"% 37'A 80 J-J 31% 10 trials Indus- 717a 45% 80 2012 (ser A B C D E) Rio de Janeiro stamped Interest 2008 2'As to 22 -Bonds- Total High — 37 10 20 j Jan.1 Low stamped (Plan A) 23 • daily closing averages of representative stocks and 1 No. " 45 • 3-D the New York Stock Exchange as compiled by Dow, Jones & Co. 30 Range Sine* Sold $78 A-O 1931 1972 T 20 75 71 72% 1952 • 73 73'A 1957 coupon)- v. Af-N 1947 1927) AMortgage Bank of Chile 6s Peru Bonds $71% ■ 3-D 1947 7s stamped Bank of Bogota— of May 1927) (issue M-iV 2008 (issue Parana High (Plan A) reduced to A7s Friday's $71% ~ ?/:: M-S 6%s stamped-1958 (Peru) City Mortgage 1 45!'. M-N 1953 Interest 65 40'A 74 70 ¥- A or Low Municipal Loan— 1955 ALlma :: J-D 5s IFriday's bid and 71 72 ;/ J-J 1948 Danzig Port & Waterways— AExternal 6'As stamped e 50 103'A 103'A 'j-D 1955 1941 —— 97 108 1183/4 120% 102'A 102'A 102'A A-O 5%s— — 5 $43 % 1970 coup) 1941 ——i V 82% 106% 7 Bid & Asked * ■ External 48% 1007a 55% 55'A $44'A 1957 Date— i ii; Week's Range Last Sale Price Period External ARussian 55% -Stocks- Oct. Danish 118'A 33 $25 1.355; 1941 y A20-year 7s A7s Stock and Bond Averages on 52 7 120'/a 1013A 102 Interest Exchange A20-year 7s : Jan Bogota (see Mortgage Bank of) ACauca Valley 7s Sec— Below are the listed Agricultural 1063A 5 100% — C F (July 28% 14 92% 92'A 120 //v/vVV Maranhao M-S 1958 series E series 9774 104% 3 •; J-J — A7s 107 "a 87 RR— A A78 10474 209 May 100 A7s 3 107 % 105% 7 104% 102 V4 : * Co— (coupon on) Ex-coupon market Indianapolis Power & Lt *■: •• 91% 3 55 3-D A 7s H 1956 1940 Power 1 Tv — 54% J-J (Dec 3 $107'/a 1073A 120'/s Friday BONDS New York Curb ; 105 1950 A6%s S2 1/4 106: .6874 1993 Mfg Power 101% v ''bf 1965 5s— Western 6 %s /series 165 1037a 89% 106'A 106% 19S3 A 1083A 1007a 2 97% $111% Jlf-N 1993 Western Ry 4s— International 59 Union— Mortgage Bank of Denmark 5s . RR 1 105 106% Grand Trunk ser 52 M-S • 3 06'A M-S 6s 30 $25 1956 f debentures s 109 160'/a 106% 106% $104 coupon—1953 A6%s ex Nov 1 1947 coupon1953 Finland Residential Mtge Eank— 5s stamped j —1961 & 52 1956 coupon coupon 1954 Newspaper conv 106% 101'A 97'A A-O 1954 • mige 4s ser B Eastern Gas & Fuel 3%s Mountain 1940 High 105% 105% 1057a J-J A 1st Green 6s — Gen mtge 4%s Delaware Lack & Western RR— Lackawanna of N J Division— Guantanamo 6 Oct 1057a 103'A 103 3/j J-D 1976 1962 Elec Low 106 1047a 105 97% 1981 (Bait 104% J-J 1969 debs A6%s with NOV Western — 23As ser Q Marelll 90 M-3 —1977 (Bait) ref 234s series R Ercole 52 Apr 6 1047a 106 A-O mtge 3s ser P & A 15 106 1037a 1037a J- J 1969 Lt 52 18 Jan. 1 No $103% 166 1978 — Pwr ref Water 57% 17;'/' Range Since Sold . High Q-F M-S 5s ref mtge Elmira 42'A Foreign Governments & Municipalities Bond* Friday's J-D .——1958 & 2 $106% 108 1954 of 1947—a— 1st 1st 52 Hotel— debs income Week'* Range 3 - J-D — Jan Gas 8'A 1ft Jan / 1948 3s_ conv 77 / 18'A Jan 8% — A 5s Oct 14 1998 1st 2%s 1 1947 1 F-A Jun Aug 1970 — Debenture 5s Consolidated Dec Dec 1959 1043A Mar 8% 10'/a Corp— —1 Lt with A7s ex Waldorf-Astoria Jun. 400 1,700 ' 55% 98 12% 13 Apr 63 $25 1953 J-D — Period 6s 5s El 40 40% J-D Chicago Tranm Authority—: Gas 42% 1940 coupon—1953 1964 Interest 23As_ Electric debentures Debenture A-O 1960 12" I960 Debenture 1948 95% 130 Industries— stamped Washington Water Power 3'As 12'/a Exchange States Consol 8 ;' West Penn Traction 5s 12% • C ser 42% 15% Mar 106 revenue J-J 33 Apr 108% 108:% 33/4S 1948 107 123 Corp— Feb J-D Cities Service 2 Jun 2% J-J debentures 75 13 1964 5 %s 75 23 % ,. City Electric 3%s Telephone of Canada— 5s l-O 6000 Atlantic Steel 1966 650 Low Edison 135 5,400 1970 Boston 2nd $127 47a Appalachian Elec Power 3%s Bethlehem trust— A-O 13% 307a Friday Central 1950 87 4% 30% * 12% BONDS series inc 5s 87 £1 New York Curb 5s 76'A 106% 106% V Hydro-Electric Co— A 7s Jan 101% 104% 101'A 101% 106% A6%s with Aug 1 Apr July 993A 1 101% W 3'As A 6 % s ex Aug 1 1947 coupon United Electric Service Co— Jan 8 3/4 100 8 Wright Hargreaves Ltd Bell Sep May 9 Terni 3 .3 J-J Elec & 13% 13'A 5s 3'A 19 Jun 5% 11 2 receipts May 7 ... 11 — Oct Jun 2 Jun 153/4 July 7% Ltd— American deposit 6% preference 22 - 106 3A F-A (Hugo) A7-4s 105 1037a — stamped Jan Stinnes 104 103'/a 1989 (Hugo) 3rd 105 $105 1970 Corp collateral A7-4s Apr Feb ".V 20% Mar — 100 common 26 Jun 25 — • Inc Petroleum Wool worth 21'A 100 36 16 200 — 25 Wisconsin Pwr & Lt 4%% Woodall Woodley Feb 155 24 1 w 115'A Jun 32% 1 common Jan 23 • . — 32% — 1 common— preferred Winnipeg Elec — 21% 5 Inc Brothers 112 138 __ — (Calif) $104 A-O 1971 AStarrett 6% May — Gas Gas 106% FA 1970 3'As 5s 600 $106'A 108 j-j 1973 Gas mtge 3s Spalding (A G) 600 23 10 & Co Products Wilson 1st Southwestern Oct 32% 1 Corp Oct 1 — 10 Whitman (Wm) & Co Wichita River Oil Corp Counties l'A July 4% Feb -1973 B ser Southern x8 75/« — i2Q Weyenberg Shoe Mfg 113/4 Jun A— California Jan 1% July West Westmoreland Inc Mar 2'/8 series 1st & ref M 3s Southern ' „_l 1.25 Westmoreland Coal Jan 2 3/4 900 - Apr 111 Sep IE May i 3%s 178 9% 17a Aug 7% July ■ 4% Baking Co warrants- Warner 200 •• '• ;• 1 preferred cum Waltham 1% 1. — , Range for 1919 Closing Date— Oct. 22__ Oct. 24— Oct. 25 1_ — 33.70 ——/33.75 — High Low 34.22 Oct 28 27.79 Jun _____• 15 33.79 Range for 1948 Oct. 26 33.97 Oct. 27 34.16 High 37.83 Jun 10 Oct. 23-'— 34.22 Low 32.37 Deo 29 3 & COMMERCIAL THE (1726) Transactions at the New York Stock Exchange CHRONICLE FINANCIAL Transactions at the New York Curb Exchange f Daily, Weekly and Yearly Daily, Weekly and Yearly ?..... ■ Railroad number of and Miscel. Total Government Bonds Bond Sales Bank Bonds Foreign Bonds 355,020 1,236,080 $713,000 2,214,000 2,319,000 3,096,000 177,000 557,509 woo 296.000 — —— 3,658.500 4,370 000 1,482.700 3,080,000 401,000 $2,000 _ 3,483,000 7,653,520 $15,496,000 $1,724,500 $2,000 $5,090 $17,227,500 —— Monday — Tuesdav 1 024,110 Wednesday 3SSXS Im,™ —I——* Total - — IMo 000 ;; — 2,496 000 ^ —$5,000 Industrial——— & Total $1,136 000 878,000 3,803,000 75,647,570 70,106,640 19,563,000 563,626,700 784,202,800 $21,297,000 $640,625,770 $859,298,440 15,496,000 — $17,227,500 - - t&2& !.7242:§!S OTHER STOCK -. —— 58,000 262,000 200,000 195,000 2,000 3,000 159.000 11,000 7,000 193 000 Friday 28.000 178,000 359,320 ——.——— 117.C00 $225,000 Stocks—No. of shares 177.000 12,000 $47,000 $1,009,000 ——-- . $97,000 ■ $8 000 2 Thursday Total *W- —i ——... Wednesday 238.000 17,000 307,000 $1,281,000 Jan. 1 to Oct. 28 1948 1948 1949 1,801,435 1,367,365 49,702,992 62,092,901 $1,009,000 $1,283,000 $29,551,000 $42,289,003 225.000 61,000 8,298,000 7,457,000 47,000 36,000 1,418,000 1,444,000 $1,281,000 $1,380,000 $39,267,000 $51,190,000 — Bonds „ sr!!.??."—: Railroad Monday ' Tuesday Total Corporate $9,000 • 196.000 _ $5,000 — - $38,000 1943 245,589,802 $473,500 Bonds U. S. Government —i Saturday ♦ Foreign Government Week Ended Oct. 28 204,118,164 5,729,230 7,653,520 ———— Bonds (Par Value) Foreign 1948 1949 1948 1949 V: ' Domestic Shares) : Jan. 1 to Oct. 28 Week Ended Oct. 28 Stocks—No. ot shares—— Week Ended Oct. 28, 1949 J]]®''®® $62,000 231,000 V,V of Bonds 1 190,880 3afcurday v;>. Stocks (Number Shares 28,1949 Week Ended Oct. Friday United States Int'l Stocks Monday, October 31, 1949 Domestic Foreign , government Foreign corporate Total — — __ EXCHANGES range for week ended october 28 Friday Boston Stock Exchange rrifey Last STOCKS— Week'# Range Sale Prioe >': of Prieea Lou Par American Agricultural Chemical.*—* American Sugar Refining-— 100 Woolen Anaconda Edison Boston 144 % * 24% ——— Copper 50 — ———100 RR Boston St Albany — —100 American Tel & Tel American — 109 25 — 45% Elevated Railway— Stamped -100 Boston & Maine Railroad— 7% prior preferred 100 5% class A 1st pfd stamped 100 10% class D 1st pfd stamped--100 Boston Personal Prop Trust • Calumet & Hecla -5 STOCKS— Sales Par (or Week Commonwealth Shares Range Since January 1 44% 44% 39% 40% 143 % 145 24% 25% 27% 29 108 109% 45 ,45% 34% Mar 45 32% Mar 255 Jun 138 3,258 46% Sep 10 DoehJer-Jarvis Cities Service ! Co Elgin 259 22% Jun 38% Feb 462 25V* Jun 35 Jan 151 100 Apr 120 Jan 1,481 40 July 46 Oct Fitz Simons & Jan Four-Wheel Drive (Peter) 385 29% July Jan General Finance 50 3% July 5% Jan General Motors 6% 15 5 9% Apr 350 5% Jan GoldbJatt Bros • 758 38% July 65% Oct Gossard Jun 12% Jan Great Sep 43 Oct — 17% 4 61% — 10% 11% 150 62% 77 36% 40 57 Jun 68% Jan Ilarnischfeger 15 75 Aug 88% Oct Heileman (G) 165 25 19% 420 36 64% 10 18 — — — 62 77 36 19% — 35% 64 % 48.76 49.17 37% 38% 32% 33% 47% 49% 15 15 40 % 40 % 64% — 38% -*.,33 % • — Copper Kennecott 77 • Razor Co Safety — -1 * — Electric Gillette Transp common Candy class A 87/s Co Corp Corp Lakes H) Dr Loew's Boston Theatre— 25 * .. Mathieson Chemical Corp— Mergenthaler Linotype Narragansett Racing Assn — 53 14% 5 1 52 8 14% 8 15 — * 1 Nash-Kelvinator — 20c 20c — „ Aug 39 Jan Heln 19% Oct 23 May Hibb 29 Jun 37 Oct Corp Sep Illinois Central Co —— New New England Tel 20 —100 England Electric System & Tel — „ 7% 27% 28% 400 23 8% 8% 13'A 600 1,000 10 20 13% 50 34% July Jan *46 Jun 8 20 Aug 200 15 Aug Sep Katz Drug Co common Kellogg Switchboard common 1 42% 59 Sep La 5 11% May 10% Jun 15% Jan 13c 117 Jan 25c Jan Salle Ext Lealh & Univ Co .1 common 8% 13% common 1,000 13 ■> 8% Jan 600 7 • Field Co Mickelberry's Food Prod Apr 94% Oct Middle West 22c Oct 45c Jan Miller & Jun 1 capital Corp 230 27% 85 36 27% 26 Sep 51 52% 2,733 44% Jun 45 33% 46 1,350 35 185 42% May 31% Aug 14 28% 14% 29% 116 12% Jun 14% Sep 880 20% May 29% Oct Waldorf System Westinghouse Corp — — . 18% Oct » 29% 16 85 60 Jan 29% Jun National Pressure Oct National Standard 36% 54 7/e Mar North American Jan Jan Week's Elec Potter Abbott Laboratories Acme Steel Admiral Co Corp Advanced common common new (new)—5 10 1 _5 .* common Aluminum Aetna Ball Allied Laboratories Castings Bearing common Armour Co & Asbestos Mfg Automatic Co Switch Avco Mfg Corp— Belden Bendix Mfg Co Aviation 1 1 10 _5 Binks Mfg Co capital— Borg (George W) Corp Borg-Warner Corp common Brach & Sons (E J) capital- Bruce Co (E L) common Burton-Dixie Corp Butler Bros ♦ 2% 12% — 10 common 800 15% Feb 29 Oct 5% 5% 150 Jun 67/8 7 550 4'A 6% 23 1,550 5% 5% 5% Mar Jan South Bend — Biscuit com 1 : Central Illinois Light w d Central 111 Secur Corp 5 Cherry Burrell Corp common Cbicago Corp common. Convertible Chic Milw Paul & Pac vtc Chicago R I & Pac Ry common Chicago Towel Co common— Chrysler Cities Club Corp 8ervice Alum Coleman common Products Co (The) Co Inc - 0 1—* — 7%' 34 5% capital 5 Stewart-Warner Corp common Jan Stone 5 Container Jun 7% Jun 36% Jan Sundstrand 11 Jun 15% Feb Swift 34% 500 5% . 300 27 Jun 4% Jun 34% Mar 7% Jan & 2 common „ 24% 17 „ 3% 11 5% 17 8% 3% . 11% 5% 17 8% 3% 45 44 % 45 12% 1 7% 12% 7% 13 7% Texas Co 20 70 100 1,100 300 600 50 1,300 200 100 200 600 300 400 800 (The) 350 10 Jun 13% Jan 11% 1,000 9 Feb 11% Sep 208 South 54 100 43 Apr 55% Oct Union 54% 56 250 40 Mar 56 Oct U 18% 19% 450 14% Jun 22 Jan 17% 17% 150 13% Jun 17% Feb Wieboldt Jan Wisconsin 100 6% Jun 9% 3% 2 1,400 Feb Trane S Co 4% Mar (The) Stores (new) Inc Industries Yates-American 850 400 11% Jan 18 Oct 13% 2,600 10% Jun 13 % Oct American 550 9% 9% 9% 11 900 63 100 7% 34 7% 34% 300 < Oct 13% common Mach capital Oct Unlisted Stocks— Air 45 27 45 ♦ 40% 40% 25 24 % • Jan American Radiator & St San com 11% Oct Anaconda 65% Jan Armco Steel Corp 7'A Apr Atchison Topeka & Santa Fe Copper Mining capital Jun 34 V* Oct 13% 15 % 10% 10 10% 14% Bethlehem Steel 114 Canadian * 50 10 , common new 100 90 Aug Jun 57% Jan Certain-teed Products 10 63% 63% 65% 800 39% Feb 65'A Oct Columbia Gas System Inc * Jan Continental Motors 1 Jan Curtiss-Wright • 300 4 July 15% Aug 6 28 % 11% 13% Oct 10'A Jan Oct 31% Jan Jan 24 Aug 31 22% Feb 25% Mar 6% Jun 10% - - 800 Oct Mar 20 Apr 5% Aug 8 Jan 14 15% 9 . Jun 19% Jan 13 Sep Oct Jun 17% 4% Feb 6% 5 Jun 14% 8 Jan Oct Jan 26% July 30% July Jan 35 22 Sep 9 Jun 12% 34 Jun 43 V8 Oct Jun 13 % Jan 22 Apr 28'A Jan 10% Jun 13% Apr 19 Jun 24% Aug 6% Jan 13% July 21 Va Jan 8% 4% 10 Oct Sep Mar 7 Jun 2% Jan 36% Feb 45 Oct Jun 14% Jan May 8% Sep 9% 5 4% Mar Jun 27% 11% Jun 32% Oct Oct 13% Feb 8% July 20 Jan 64 49% Jan 27% Aug May 42 % Jun 46 Sep 34 Jun 41% Jan 20% Jun 25% 20% Jun 29% ct 8ct 10% Jun 16 Oct 10% Jun 12 Oct Jun 12% Oct 16 Oct 9 9% July Pacific 2% Ry Co— . — 28% 26% __25 1 13% 28 25% Z8% 26 % 600 1,3°0 . 1,200 300 3% Feb 7y# Jun 10 25% 19% 86 Jun Oct 10% July 14% Jan Jun . 35 Jan Jun 26% Jan May Jan Sep Jun 103% 33% — Jan 29 • 66% 45% Jan 1,300 250 50 1,750 850 12 87 4% 1,000 16 11% 12'A 56% 20% 29% 16 — 53% 4% 4,200 28% __ 5 85% 19% 27% 45 41% 25'A 12 12% • 1 Feb 26% * 27 400 _1 Inc Jun 200 5 Oct Jan Oct 6% .? Lines 9 Jun Jan Mar Oct 61 4% 100 200 100 900 2 common Alleghany Corp 12% 63 10% 12% common Bankshares 200 2'A 10% • capital Westinghouse Elec & Mfg 2% 34% 10% • Carbon common 17% Oct 1,000 64 32% 64 2 common & 34% % Mar 9% 31% 62% —25 La Salle St Corp Carbide Steel 9% 32% 5 2% 33% Jan Jun 12 650 10 5 25 common stock Thor Corp 12% 8 Tool capital 56% _* 11 __5 Corp common Mach Co 12% 8 Oct Sep 24 Jan 25% 10% — 23% 2% (new) Co 9% 5 1 ♦ preferred St 127/B __ 1 common 17% 2% * • Aug 300 24 1 1% 100 33% 1 * Works 11% 23% 42% 2% 5% 24 24 35 12% 43% 11'A 24% 24 35 12% • common 150 300 7% Jun 1% 6% 6% Apr 1 500 16 7 • Lathe 6% 6V4 1 300 3 • common Convertible preferred Central & S W common. 900 ___25 54 — 200 14% Dredging common 11% — 12% Spiegel Inc 12% 5 < 16% 11% 14% 1S% Standard Oil of Ind capital 35 31% 54% 16% 12% 14% 6% Standard 400 25% 25 10 '/a 9% 16 Oct 2% 24% 300 200 4,900 225 500 100 — 25 Jan 1% 600 10 Jan Jun 150 7 25 % 25 7% 5 13% 24 1 22% 138% ' 7 150% 17% May Jun 1,100 3,'jOO 12% 12% __ __ 1 common Society Brand Clothes 34 5 28% *%" Sinclair Oil Corp — — Oct 10 capital 28% Woodall Carr-Consol Co 27% 5 —„— Berghoff Brewing Corp & Signode Steel Strap 2 3 Roebuck Oct 1% 20 l common Aug l'A 310 100 „ 1 common Car 20% 2% 10 10 common (The) Steel 46% 3 Bastian-Blessing Co common— Co Oct .'-.7.w« 25 13'A 20 10 Jun 6% 59 11% 50 18% 21% 27% Jun 25 class A RR capital 37% 143% 144% 14% Apr 47% 20 . 500 6% Oct 100 100 21% 52 16 300 22% 10 27% 5 19 144 7/e 2% 10 • 46% 10% 11 4% 52 — 18% __1 common Sears High Sep Oct 1,500 7,250 1,550 26% 2 common 45% 5 common Washer Car 18% 7 13 10% lo 46% * common Low - 9% July 1% JWh 27% common common Serrick Corp class B common Shellmar Prod Corp common 100 common American Tel & Tel Co capital Range Since January 1 High 600 6% 10 Cooker Packing common St Louis Nat Stockyards capital Schwitzer Cummins capital for Week Low Par Oct 13 2% __ Sep Jan 2% * Rath Shares Feb 8% Jun 24 4% ♦ Bancorp common Manufacturing common Ontario Mfg Co common.. Peabody Coal Co common 5% prior preferred Pressed Sales Range of Prices Last 13 July 6% % Mar * Oak Chicago Stock Exchange Friday 7 Jun 22% 2% Northwest 43% Pennsylvania Sale Price Oct Feb Jan 35% 52 % Penn stocks— 6% 8% 15% 21 4% — Sep Feb Jun 10 prior preferred Mfg common Jan 85 Jan 28% xl4% July 19% Apr 1 Nachman Corp common 25 * 12.50 Inc— Jan . 10 Electric 11 Oct 4% Jun 6% 10 28% Jun 2% 450 600 __5 . 1,200 21 12 12 500 13 8% 8 22 __ 400 7 20% __ 1 Hart Inc common vtc 25 12% 8% 1 common Oct 10% 79 14 & 13 C% Libby McNeill & Libby common Printing Co common Lincoln 18% common Jan International 18% Machinery 18% Jan — Co.. Jun 56 % —1 Shoe 13 23% July Jun $1 Rubber Jan 40 Montgomery Ward & Co Muskegon Mot Spec class A 8 Sep 30% 565 „ Jan 13 Feb 400 Harvester 53 24 3% Modine United Apr Oct Jun 7"% 15 Oct U 6 38 28% Jan — 20% Aug 9% Jan 3% Apr 51% 45 22 Feb 14% common 15 Oct Mar Jan 28% Prod 5% • 12% 30'% 12% 8% Mar 15% 1 Steel 19% -5 169 40 Jun 19 Indiana 17% — 100 1,500 100 Oct Feb Co 20% 7% 33% Aug Fruit 350 12 21 29% ... • Sep 14% 19% 7% 18 550 10% __ Oct Jan 750 38 38 15 17 12 11% Oct Jan 14% 20% 6% Aug 33% Jun 8% Jan 67% Oct 9% Jan 10% July Jun 4 Va United 11% 14% 24'A 23% 12% 35% 300 1,950 11% 100 common 81 85 15 274 1,200 36 33% „ Jun 14% .. Jun 33% Oct Jan 14% Jun 6 * 29c — 5% Indianapolis Pr & Lr Co common, 205 _ 65 Oct 46 ; Jun 10 Oct ' 42'A May 52 20% 25 common— 789 . 100 100 100 Indep Pneum Tool 2,940 * 44 13 5% Oct 10% 93% —* 14% J«n RR 18% _— 6% Jun 100 2,800 40% Jun 67% 14% 5% preferred Jun 6% 5% 14% 49.17 Jan 18% 2nd 4 5% 1,250 3 14 5% $4 Sep 1,800 __ 10 — Torrington Co——— Union Twist Drill 9% 7% 14% 1 common — Stop & Shop Inc Suburban Elec Securities— 150 67% __ 10 cap capital Pennsylvania RR ——.50 Rexall Drug Co 2.50 Stone & Webster Inc ♦ 14 10 Jun 42.20 24c 92% 2.50 North Butte Mining— Jan 10 300 33% 245 9% 91% 10 Jan 13 15 Marshall — National Service Cos 95 12%' 1,940 53 7/r 3% Aug «* Aug xll 1,000 700 300 300 100 Sep Jan 34% Oct . Jan Jun 46 33% 1 common Corp Brick Jun 2% 10 7% __ * common Spencer Bartlett Illinois __ 67% • common new 13 1 10 common Brew Co. Werner 5 common common Dk & 26'A 300 13 5% —i._5 common (W 200 3% 82 44 * 10 14% July 3% Jun 18 4 65% Amer General 3% 12% 5% __ 1 18 Gibson Refrigerator Co common Gillette Safety Razor common __ General 34% 7 • Jan 7% Jun 700 10 10 1% 33% 4% * Employers Group Assoc First National Stores— General Capital Corp —.A— General Auto Brewing common 32% 4% 6% Aug 5% 28% 12 „ 33 4% 12 100 29% 31% Jan Jun 29 82* __ « 98 ;:j High Low 25 22% 4,300 28% Co- 14% * preferred B 5% preferred adjustment Eastern SS Lines Inc — D — Hammond Instrument Co 6% & 14% 100 100 100 A— 1st preferred series D 14% Eastern Mass Street Ry— 6% 15 Connell Common Fox 19% Watch 3% „ Range Since January! High 34, * National Shares 7 __ 1 (The) (or Week 26% __ 5 Eddy Paper Corp ■* — Corp Domestic Credit Corp class A Jan 40% Aug 150% 10 - common Range of Prices Low 28% 25 Boston Copper Range 25 common Dodge Mfg Corp High Lou High Edison Crane Co common Sales Week's Last Sale Price — — — 6% __ 30% 700 23% 13% 14 800 10% Jun 15 13% 13% Jun 11% 11% 14% Oct 11% Apr 6% 6'A 100 400 1,400 9% 7% 7% 200 10 Jun 5% Jun 8% Jan 7% Jan 9% Apr Volume commercial the Number 4851 170 & financial chronicle (1727) 35 other stock exchanges RANGE FOR WEEK ENDED Friday - J- STOCKS— r Week's Last of Prices' LOW 1 • Farnsworth Tele & Radio General Electric General Co Public 5 1 Utility Corp——. Graham-Paige Motors — 1- Laclede Gas Light 4 5 Nash-Kclvinator Corp York Central RB> capital New Packard Pan Pictures common Co Radio (The) Co Corp common — 10% Jun Oct 3% Jan 8 - 15% • 9% Jun 13 Va 3% Jun 4% 9% 300 21% 200 9% 30Q 600 13 400 21% 5 , 25 _ 12 Jan, U Jan. World s 9V» 17% 16% 17% 73 71% 73% 30 Apr 283 ouY« dun 331 20 Jun 160 33% Jun 20% Jun 1 % May a25 27% —. a25 1% 10 * 308 100 1% 10 50 ; ' a68% a70 * Oct 60 V4 Jun 73% 6 Jan , 27%" Oct 42 Jan, 25 Oct. 1% Jan! Feb, July 12 53% Jun 39 Oct, Oct 74% , 74 Jan Jan Jun 18 Oct 16% Feb 25% Oct 9 % Jun 11% Sep 2% Jan 500,.: 25% 3,208":- 11% 1,700" 5 * 2,100 11 — Members New York Stock Detroit Stock Exchange Exchange; Chicago, Stock Exchange Oct 5 Ford Building 11% Jan Jan New York Curb Exchange DETROIT Telephone: WOodward 2-5525 BONDS Chic Transit 93 Watling, lerchen & Co. Jan 17% 11 — 17% Oct Oct; ■3,2Q9^ ,*,14% Jun 24% 4% Jun 93 Apr 12 24% 11% 14% 18 27% —2 Young#town Sheet & Tube. 27% Jan; 5% Apr 4% Aug 25% 18" a71% a73% • Refining & Chemical Publishing High 17% 93 a40% a41 (Un) Steel Low 16% 93 93 100 25 _1Q Warren Jan Range Since January 1 High 14% Jan, Jun 17% Jun 100 ' Low Union Carbide & Carbon ' — Shares Apr 33% Jun 9% Jun 7% 900 . 5 — for Week of Prices 15 __i Standard OH Co of N J (Un) Standard Oil of Ohio common; 10% Apr21% Oct Jun Jun 8%, Jan 2,100 8 8% 19% ; Socony-Vacuum Oil Co (Un) Sparks Withington preferred Oct 400 331/4 21% 15% 400 77/8 1 1 1 • * Corp common 2,800 Jan 37/8 r Sales Range SalePrice' ^ ;'V.Par Jan 10% 12% 21% 5 7% 39% . l%.May 4% July 32% 25 Sunray Oil Corp United Corp 500 : , 15 ■: 8% 12% • Standard, Steel Sprlngl Co 9 300 2,000 10% 3% 21% 1 • 2% —1% 15 Standard Oil of N J & 14% • Socony Vacuum Oil Co Inc ■■ 7% 9% common Schenley Distillers Corp. Wilson .2% 37/a America common of Radio-Keith-Orpheum Republic- Steel Corp common Rexall Drug Inc— — Studebaker 2% 7% 14% : 15% 2% ; 15% • Airways Corp American Paramount Pepsi-Cola Pure Oil 15'/? l,60q stocks— High 1 May 34% Jun 11% Jan t- , Week's Last ;/ s; x Range Slnee January l LOW 38 • 2% 1 Car Friday Shares High 1 37% 33% Motor Sales for Week Ranee Sale Price OCTOBER 88 Authority 3%s 89% 1978 89% 90% 89% Oct Oct I Cincinnati Stock Friday ; Last stocks— I '———' ' Baldwin Preferred * 4'7 Cine preferred Mfg Kroger Co Co Rapid U. S. 3% 74 -k 75 3% 32 % 104% Sep Oct 7% Jan 36 36% 53% 53%''*» : Jun 63 25 11% 18% 15% Jun 19% Mar 70 23 Jan 36% 60 44 Jan 20% 21% Printing common.. Detroit Steel 28 Oct 79% Oct Gar 39 Jan General Motors 49% Oct 57% Feb 50 9% Jan 35% 37% 81 48"% 49 ^ 31% 31% 26 Mar 28 July 40% Jan Oct 33% 26% Feb 103 31% 9% 10% 80 7% Jan 10% July 25% 26% 502 19% Jun 27% Jan '! Friars Ale 1 Brewing common— Co Standard Oil Standard Oil 13% 13% 337 11%' 11% 1,075 Jun 29% 29% 11% 11% 497 90 . 5% 5 5% 340 5 4% 5% 2,855 18% 18% 100 65% 66% 201 50% July 32% 31% 32% 113 30% Feb Jan 66% Oct Apr 35 —1 McAleer _1 Products L„ cominon Manufacturing _! Preferred 30% 122 Oct 31 Oct 30% 32% 12% __ 10% 24% Jun 31% Jan 40 3% Jun 4% Sep 14 32% 185 Jun 32% Oct 12% 17 __ 50 3% 32 — 31%, 14 — 31 31 3% — 12% 17% 10% 145 9% Jun 14 Jan 56 14% Jun 17% Oct 445 10% Oct 11% Oct 10% 14 1 - 17% Mar Jun 25% — ; Tel (Un)__ Iron . Apr 22% Oct Parke, Davis common Jun 74% Oct • 60% Peninsular Metal Prod 1 2% 166 20% Oct Rickel 2 5 33% — -- - 29'/* 27% 33 % Oct 43% Mar 20% Jun 25 % Oct 125 25% Jun 75 290 ?, 33% 24% 28% — 20% May 29% Oct River (H W) Raisin & Co—,— Paper common Scotten-Dlllon Low 3% 3% __ — 100 " a30 13% System (Un) Navigation 15 — — 2 3% 'r 150% —; , Motors 10 10 (Un) com (Un) Goodyear Tire & Rubber 34% Stores * Halle common 2b Jan 30 16 76 Industrial Rayon 1 t—0 (Un) Kelley Island Lime & Trans & Sessions Portland Medusa Metropolitan National — Cement Y Acme Central Ohio Oil Packer Co Corp 3% __ 8 50 ___• (Un)_ _1: 50 • • __ : „ — — __ __ • & footnotes Co see (Un) page 42. 42% * Bros Roebuck For __ * Republic Steel (Un) Sears 5 1 (Un) Pennsylvania RR (Un)_ Radio Corp of America (Un) Richman __ 1 Edison Ohio . 4 . RR 11 % * _* Brick Inc National Tile & Mfg N __ 10 class B- (AG) 43 26% 9% Jun 25 38% Jun 46% Mar 6% a50% a50% -^150 4% Jun 279 70 "155 Apr 7 Aug 51% Oct 43 Apr 43% Jun 10 67% . „ Alaska Juneau Oct 10% 2% 3% 2,025 2 Sep 100 14 Jun 1 15 9% 15 9% 13 185 72c 1% 550 93c 25% 275 17% 15 1 1 1 25% 8% 780 200 15 15 , - , ' Oct 3% Oct 18% Jan 10% Mar Jun 15 July July Sep Aug 1%. Apr 1% Jan 25% Jun Oct Alleghany Corporation (Un)«—; Allls-Ohalmers Mfg Co (Un) American Airlines Inc 34 Jun 45% Jan 10 Jun 14% Jan 33 % Mar 15.0 6143. 14% Oct 11% 26 July 33 Jan 100-,* 32% Jun 44 Oct 11% , 3% Jun 450 a22% a22% 10 200 56 " -: Jan 8% Jun 817 5 - 5% Sep 23 % Apr Radiator St & — , Range 81n.ee January 1 Shares & Ref Co Co 3% 3% a3 a3 a30% a32% a47% a48% 144% 144% a64,% a64% a64% 10Va 12% — 13% 12% 14% (Un)—• (Un)_ 100 14 - 10% a48% 24 • (Un) Anaconda Copper Mining Co (Un)—30 Steel Corp (Un) 10 (111) (Un)_: 5 Atchison Topeka & Santa Fe (Un)__ 100 Avco Manufacturing Corp (Un) 3 Armco -- a25% Armour & Company __ 28% 28% a25% a26% 6% 7 a96% a99% 5% 5% / - 695 292 1,210 81 660 Jun Jun 27% Jun 7 Jan 8% Jan 10% Jun 42 Jun 138% Jun 3% • Oct 3% May 33 Oct 10% July 12% Oct 14% 54 150 Jan Feb Jan Oct 54% Mar 63 23 . 175 24 2% 2% < 20 10 12% Corp (Un) American Woolen 144% «.« a31% High Low High 1,190 50 240 1,153 2,400 847 67 2,050 — 1 • 1 Co Baldwin Locomotive Works Baltimore & Ohio RR Bandinl Barker Petroleum Bros Corp (Un)_— 3% Apr 4% Jan Barnhart-Morrow Consol 9% Jun 13% Jan Barnsdall Oil Company (Un) Basin Oil Co —— , 27% Jan 23% Jun 33 May 33% Jan 30 Sep 36% Jan 14 Oct 17% Jan 9% Jun 17 Jun 27% 427 37 Jun 43% Mar 140 33% Jun 43 14% Jan Jan Oct (Un) Co Jun 10 12% Low —* (Un) San 17% 50 20 117 35 97 f a31%a31% 33 33 14 • 14% Sales for Week Week's Range ef Prices 37% Jam Jun 25% Jun 35% Jan 20% Jun 27% Jan Jun 7% Jan 82% Jun 95% Mar 5 Jan 1KL- ' Friday (Un)—* (Un) American Viscose 67% Oct • Angeles Stock Exchange Gold Mining Co__—10 Oct 51% Mar 306 Jan ~ 10% i American Tel & Tel Co Jan 42 % .1,600 Par Jan 49 41% Oct 10% I<Mt SalePrioe 40 46 a42% a43 I8V2 10% STOCKS— Jun 20 a21%a21% Jan Jun 10% 1 Los American Power ds Light Jun 12% 12% 11% 25% Amer Jun a31% a31% Feb Jan 1% May 10% Jun * Oct 15 3% 10% 1% Jun 4 6% 470 Spring & Wire Jan 36 3% 10% 2% July 5% Aug 400 Young 58 26 44 2,400 1% 1~ 32% 105 4% 300 6% 1 Jun 16 44 2% 1% Jan 29% July 3% Jan 24% Jan 1% Jun 710 —1 34 "~5o 311 1 11% 3% July 2% Oct 3 18% common 21% -42 33 2% 5% 500, 1,050 pet; 12V4 Oct 20% 376 10% 15% 3% July 2 July 1% Sep 2% Oct 8%, Oct 18 Oct Jun 36% Mar 125 all% all% 32% ■■< 2% < 226 a48%a49% 13% 14% __ ■ 28% 1 Jan 16 __ 50 800 6 Jan ; a39%a39% 11% 12 100 980 Oct 1% > 12 common Oct 10% July 63% Jun 42 5 ^ -Preferred / 12 Feb 2% 5 Jan 2% 12 66% 67 * Gray Drug __ 1 7% May 1 10% Jun 18% Aircraft common American Smelting Electric B Jan Oct 26 6% 8% Oct Jun 28 a37% a37% 6% 20 (Un.) Feb 138 67 202 1,243 300 a54% a57% a26% a27% __ (Un)_5 Jan Oct 2.00 Mar Feb a41% a42% all% —15 Dow Chemical 26 __ * (Un) 71 3% 140 100 High 3% 239 a4l% a43 — 1 3% 3% ;U- a28% a29 a29% a30 ■ „ 13 13% 70% 71 common—* Low Sep 7% Feb 28% Wayne Screw Products common Range Sine# January 1 4 May 12 % Corp Warner Hitfh al43% al44V4 __ Udylite Jan 1 Timken-Detroit Axle > Oct 1% —10 — Co Walker & Co Sales for Week of Prices- - Shares Week'* Range 1% Apr 1% ; class Feb —1 ——5 Rudy Manufacturing common Standard Tube 3% 2% 1% :v2 _1 17% 1 Eaton Mfg McKee 3% 2%' 1 2 Stamping Chemical common Oct 18% Jan 5% Aug 1,885 151 100 Consolidated Natural Gas Lamson 15% 261 — Cleveland Graphite Bronze (Un) Bros 13% 15 Oct Jan 6 500 10 Oct 5% 95c 300 22% 50c __1 common Cleveland Electric Illumln General 1% Mar 8% 2% Mar • 550. 8% 6 14% 1% 200 1% Oct 12% :t 1% , 2,760 8% 73% 27% 26% 8% , ^10 21% 25 1% 7 1 7 Jan ; Jan 15 100 3% 1% 1% 300 * ^ — National Elec Welding Park 3% 7 1 , Jan 14 2*% Sep .567. 1% 1 Murray; Corporation National 1% 1% 10 Michigan Bumper Corp Michigan Sugar common 'Preferred 1% 1 common Screw Masco 2% Oct 19% 9% Jun OCt Feb 5% 9% Mar 1 39% 66% V" 3% 1,092 5 24% Mar 38% 1,370 Hurd Lock & Mfg common 34% Jun 37% 250 3% Kaiser-Frazer King-Seeley Kinsel Drug ■ , Jun 12% Oct 90 38% 10% 14% Apr 25 Jan __ 3% 14 14 460 29% 30% May 31% Oct 26% 12% "3% 1 common 10 12 9% Jun 30% 30% 28% "28% __ Car 71% 26% (Uni General Jan 11% 25% 20, — 11% Ohio (E I) Oct 2% 13% common 22 — preferred duPont 10% 10 Bearing —_* Friday Last Mfg & Cleveland 5% Jan 1% May 4% Sep 11% July 2Va & 12% RR(Un)—_—25 City Products Corp__ * Detroit Jan 200 Hudson Motor Par Gas Oct 5% 500 Houdaille-Hershey common Electric Motors common Sale Price Columbia 66% Jun 4% Howell STOCKS— $4.50 Jun 3 2% Oct Cleveland Slock Exchange Cliffs 52% 900 4% Southern Cleveland 1,307 4% 2% Jan * 12.50 Electric & 66 % 4% Jan • Tel 6% 2% Ball Mas Jun 1 Hoskins Manufacturing 95c Sep 3% 5 Hoover 24% Jan : 3% Apr 400 Hall Lamp Jun, Oct 40c 1,200 ' 5. 9% 73 (Ohio) Chesapeake & 90c 10 Shelter Manufacturing American 65% 25 10 J) (new) Alleghany Corp 4% 1 65% 5 B Westinghouse 2 55c l__« (N 15 732 4 34% * Brands Standard 300 2% "4 150% 15 I Southern 23% -1 Gerity-Michigan Corp Jun * £. Oil Vacuum 100 2 10 common 2% 23% 23% 4% Feb 50 Corp Brass Jan 23 2% 1 1 common Oct " Car Pure Oil Akron Aug Sep 2% 38 0 — R 23% 28 " Oil Steel Jan 1% Jan 37% * Pennsylvania RR S 20 Ve 498" 10 Register Ohij Edison U 9,422 22% 23 1 Brewing McClanahan Oil Timken 7 157 * Motors Socony Jun 29% 7 * & Light Dept Stores- Power Electric Radio Jan 7% Sep, 4Ys Industries—— Wood 11 5% Jun 500 _1 Corp Frankenmuth Jan 8 23%. Octi Feb 350 65% * Gas 35% May. 5% Jun 6% 28 190 Sep 30,% 6% 61% • City Ice & Fuel Motor 533 6% 28% 143% 144% Jan, 6% 63 __ Jan, Jan, 20% 6% 10 Service 57 Jun 6% 25 100 Tel Chesapeake & Ohio Jun 17, , Oct 12% 1,136 12V4 9% Packard 750. 1 Navigation 20 Jan 25% Ohio 32 ~6% . 10%; Oct 17% 7% Aug 1 Cash 32 16 46 539 ' 5 common ; 10 General 20 100 Gray Iron ; National 56 y2 19% 10%' Edison Mill General 54% 20 34%. Jant 1%, Jan Oct July 10% Detroit Rolling Federated 13%. Jun 5 Detroit Airlines Dayton 450 56% 1 Cigar Apr American Columbia 14% DWG Mar 28 * & 14% 16 % 21 Stocks— Tel 14% 100 96 American American 75c 550 May 79% 73 32 300 6 % Detroit & Cleveland 27% — 7% Mar 300 94c 23% Davidson Bros 74% 100 430 32% 94c 6% Oct 77% •: 9 3% Aug 11% Aug 9% Octi Jun 23% Oct 12%' 112 7% 32 * __1 100 High 2% Feb. 11% 9 9 5 common Motors 15% July 3 12 1 200 Goebel Brewing common Graham Paige Motors common . Stores Cities Power Continental tog 3% Cunningham Drug, Stores common__2% Jan 12 __ Consumers Range Sinee Janaary 1 High- 11% ( Mfg 1 Eiurroughs Adding. Machine common—* Chrysler Corp 25 Consolidated Paper common 10 58% 12 50 ! Bearing Share*. 3% 2 : Rubber Enwer Roller Lou : for. Week ef Prices Brown-McLaren 55 16% 12% Metal Prod 21% 43% 93--r-'.;-V-: 1 Baldwin 1 93 131 : Oct - EleQtric 19% July Jan 154 58 16% * * Sep *76% Jan 12% Jan 11% Mar 335 V 567b —* ____ Apr. 8 Apr 68 11% 21 % 100 382 98% Oct "Jan 26% 5 4 13 18% —* Unlisted 101 r: July —1 — Preferred Allied 101 5 Jan 27 % Oct Jun 96% Aug 93 Gamble & American 16% Electrotype Procter 15% Mar —* ; Co Manischewitz Allen 18% 128 50 Lunkenheimer Magnavox 30% * common— Miami Gtd Little 29% 3% 10 common High 25% Feb 50 * Art Hobart Jw 12 10 6% * Gibson 235 98% 6% 101 10 — 27% 6% —* Yard Stock _____—__. Insulation Formica - 50 Tel Bell Eagle-Picher "^^^0 30% 25 Union Cincinnati *14% 98% > _'__100 — street Sub & * Electric common_8% Cincinnati Gas Cincinnati 1 ______ -196 Sales Week's Range Bale Price 18%. Sep , 19% .Friday,;; Last, STOCKS— RangeSlnee January l High w 26% 27% * ___ Churngold Corp Shares 18 % 18% 8 Champion Paper & Fibre for Week 114% 20 Detroit Stock Exchange , of Prices Low Par v Laundry Mach Sales Range SalePrice American Exchange Week's common Bendix Aviation Corp (Un) — 13 __ 100 1 19 16% —1 — 4 — 20c 9% 5 — Appliances Inc— 33% Benguet Cons Mining Co_ PI Bethlehem Steel Corp (Un) * Black Mammoth Cons Mng Co_____10c 2 5 — 2% — 3c 7%, — : 5 Jun 12 Apr 4lo 7% Jun 10% Jan 3,500 1,765 500 2.50 Apr 15 8ep 27c 51 51 165 9% 10 1,150 125 27% Jun 2Vz 30% 70 7,995 603 2%. Aug 3c 7% a22% a23% 16% ♦ a31% a33%; a8% a9 2% 30 3c 7 / 7%' Jan 8% Jun 10% 9% 4% 16% 30c 10% 9 4 30c 5 Bendix Home Blue Diamond Corp_— Boeing Airplane Co (Un)_ 5% 300 4% Apr 21 Jan Jan 25c Jun 75c 40 Jun 51%. Sep. Oct 18% 9% 7 Apr Jan 34% Mar 10% Sep 2% Oct 23% Jun 33% Jam 4,000 l%cMay 3c Jan 1,440 24 18% Jun 5 Jun 7% Oct 25% Mar 36. CO: lW>IM ICIAL THE (1728) & tFINANGIAL OTHER STOCK RANGE FOR WEEK Friday , :/, STOCKS— EXCHANGES ENDED OCTOBER 28 Friday , Range stocks— for Week of Price# Shares * ■ale Price Monday, October :31,1949 Sales Week's ; Last -V CHRONICLE 8alee Week's Range for Week mt Prices Shares Last i ,v>'r f ale Prlee Range Since January 1 Range Sinee January 1 ' V 1': "Vv;' Low Par Chlca Oil Corp— Bolsa 5«/4 1 * Low High 5 4,150 5% 4% f•'''V'i■ v/.'■Par Low High Southern Calif Edison Co Ltd com—25 33% 28% 33% ; 28% 30% 31J/a High r Jan 10 Oct —ii---15 v„ 46% 46% 335 38% Feb 46% Oct Borg-Warner Corp'tUn) 5 a52% u52% a53 240 46% Feb 53% Oct Broadway Dept Store Co (Un) • •. Ml Jan 12 Oct Borden Company Budd California Packing ■1,".:': 14c 24c 80 : ' 13% 25 Case (J 25 Caterpillar Tractor Co (Un)__:—.—10 Certain-teed Products Corp 1 Chrysler Corp 25 56% .54% 56% 63 63 444 3% Gas Commercial (Un). a Chollar 25 & Consolidated Edison of consolidated Consolidated Y N 28% 42«% Oct Southern 34% Sep Standard Brands Inc May Oct Standard Jun 14% 56% 63'A Oct Standard Oil Co Oil Standard 5% Jan Stone of Co (Ind) Co (N Webster & Inc 19 Jan Studebaker Corporation 19% Jan Sun ray 211 10 Jun 11% Apr 17% 99 13% Jun 17% Swift & Company Jan 26% Apr Sep July 1.80 Apr Texas 27 ya Sep 18 Oct 253 4,900 a27 25y8 95c 21% Mar 50 ' 16 18 3,564 7% 7% 400 7% May 10% 10% 145 ey* Jun 6% Jan 17% May 12% Apr 4% % Texas Company Gulf Textron Creameries of - Incorporated (Un)___ Zellerbach Crown Curtis (Un) Corp Publishing Co Curtiss-Wnght Corp common (Un)—* Class A........—1 . Industries al9 Electric Bond & Share Co (Un).——5 Products Exeter Oil 5% Jun 8% Jan 8% Feb 12% Oct Twentieth •' a8 17% Oct Union Carbide 7% Sep Union Oil 7% Jan 9% 23 Feb Union Pacific 20 y4 Aug Feb 69 Oct 17% Oct 21% 11 13 13% 1,300 Feb 18 V4 Oct 12% July 13% Jan 31c 405 40c 65c Jan Aug F. Garrett Corporation r.j General Electric Co (Un) General Foods General Motors Goodrich <B. ''' Corp F.) , 10; United Air Lines Inc UnHed Corp 660 10 860 34 y2 Gas 135 pet Oct 39% Jan 41% Mar 45% Sep 66% 67% 1,425 52% Jun 67% Oct 15% 15% 15% 297 11% Jan 15% Oct 65% 65% 176 65% Oct 65% Oct 78 34% 45 160 1 % (Un) .....^ !■''>'■ * Goodyear Tire & Rubber Co common..* Graham-Paige Motors Corp (Un) 1 a40% a39 a40% 2% 2% 3 10 9% * 118 118 2% Jun May ' Greyhound Corp <Un)_ Hancock Oil Co of Calif class A Hotels Holly Development 5 Corp Co. Company Hunt Foods, Inc.— Independent Exploration Co 2.00 14% Iron Corp 12 9% 130 8% 9% 9% 10% 4,390 1.20 1.30 1,500 ' Feb 8% 285 9% Feb 20 7% Feb 95c Jun 10% Aug a63% a65'A 450 (Un)._ 15 a64% a9 % (Un)—« Corp a9'/a Jan Petroleum 16% 16% 45% 375 15 Aug 423 46% 43 May 39 Jun a8 a7% a8% 240 1.15 1.15 1.15 400 90c 110 16 V* 1 Co (Un) 20 (Un) 16% Oct 66% Jan 47% Oct (Un) (Un) (Un) American Aviation American Company North American Oil Ir.c 160 20 40% 450 35 Vb Jun 28% 2,827 25 76 V4 Jun 114 20% July 14% al4'/4 107 11 a24% a '4% 4% 575 17% 18 '1,025 a35% a35% 60 •*\: 17% 24% May Jan 32 Vb Sep 86 Jan 26 y2 Jun 2% ,, , Oct ..v 41 Vb Jun 150 a 24% 27% a82 a24% 24 Mar a80 Vb a82»/4 27% /: Apr Oct 14% Jan 4% Oct 16% July 18 Sen 33 Va Sep 39% Feb 24% 25 y4 3,936 20% Jun 25 V* 43% 46 y« 870 35 Feb 51 12% 12% 128 10% Mar 13% 14 14 50 7% 2,460 7% 7% a__ Oct 14 Oct —J •a__ — 5% Oct July 12% 9% Feb 1,720 al8% al8% 1 • •' 7% Feb 18% 10 13 >/4 May a28% a29% 110 21% 29 a46% a46V8 a46% 282 45 V, Mar 5c 5c 23,500 108% 108% $3,000 Oct 17% a29% * a 18% a 2c 1957 2c Jun 48% Oct Oct Oct Aug 5c Oct 103% Jun 108% Oct (Un) Cons 1 a53 14% 240 8% (Un) I 200 6% Jun 75 17% Jun 9% Jun 13 V4 Jan 7c Sep 20c Jan 10% 10% 10% 12c 1,500 10% 606 8% Jun liy2 17% 17% 202 16% Jan 20 July 48 Sep 17% Oct 11% Jan 41c Mar 42 42 100 $ 42 Oct 17% 17% 300 12% Jun 6 6ya 595 5% 246 1.70 1.55 1.75 2,000 31 31 288 28 31% 31% 100 12 1,300 «£-:■ 12 a 12 19% a20!/8 24c Oct 1.30 35 •' Sep 24% 100 24c; 5% .2.05 Jan 31 Oct Jun 32% Jan Oct 13% Apr Sep July 18% Mar 1st preferred v t v t Motors 8% Jun 12% Jan 810 1% Jun 3.25 Jan 14 y» 235 9 Jun 16 10 106 Jan 120 H'/a 65 11% 11% 723 7Va 2% 56% 53% 56% 1,816 287 * 16% Mar 22% 425 16% Jan 21% Sep Sep 50 11% 20 Vb * 100 Sun preference common common Paper Jan 75% Mar 65 Vb 67% 3,401 51% 15 8% — 24 Vb 25 v. 9% — 20% Oct Jan 42% 35% 43% 35% 370 23 Va 24% 24 Vb 4,797 14% 24% 28% 18% 62% 19% 63% 65 Va 66 y# 63Va 21 % 32 Vst. American & 20% May — — Oct Apr 37% Oct Jan 24 y8 May Jun 25% 110% Jan 113% Oct 184 22% Jun 40% Jan 958 25 Sep 23 . 20 Jan 25% Jun •240 17% Jun 23% Jan 196 46% Jan 64% Oct 106 • 52 Feb 66% 2 Feb 930 5 Feb 368 , " 25 y4 43% H5 . 28%. 4% — 17% 20y4 61 24% Jun Jun 33. 10 25 28V2 19 14 32% 4,713 • 113% 113% 29% 30% 24% 10 Apr 10% Oct 6% Jan • 20 12 Jun 16% Jun 24% : Jan 7% 1,992 4% ... 5% 3% Jun 3,494 24% Inc Jan 10% 13% Coal Jan 11% 20% 1 Westmoreland 17 y8 Jun 19 Vi 14 * Westmoreland Jun 6% 225 Co Improvement 12 y4 69 3% 10 Corp TTnited Oct 120 • • common 67% Jun 929 9% 30Vb 50 Co Oil 51% Jun ' 3 common Public Service El & Gas United Jun 56% 18 */e l01/4 - • • Scott 34% 47 3% 10 14 div Oct 280 14% 67% 43 y2 SI.40 18 Vb 40 65% " 10 Reading Apr 39% 18% * preferred Oct 365 21% * 65% 1 Electric common preference common Jan 8 22 9'/s Philadelphia 57% Jun 21Va 40 10 Pennsylvania Water & Power Co Jun 4% 21% * common Oct 44 Va 21 ? 1 -11% 8 1 L) Jun 21% 1 ... Oct Jan 7% 13% com Feb 65'/a 59 Va Aug 50 11% 50 Corp iii • Corp div 13% 1,245 120 Pennsylvania 4.4% Oct 125 2% Pennsylvania Power & Light Pennsylvania RR Pnilco Oct Jan 15% 10% 5 Salt Mfg Jun 11% Jun 2% 65 Brothers Pennroad 29 150% 21% Jan 138 10% 120 Corp (Glenn 2,265 15% 50 Lehigh Coal & Navigation Lehigh Valley RR—....— Martin 142% 145 Range Slnee January l Low High 247 common—50 Sugar Assoc common Storage Battery Electric 29 13% 100 c Securities Corp partic preferred Budd Company Chrysler Corp Curtis Publishing Co High 28% * c 6% Jan 28% 5 Oct Oct Aug 1,191 18% Feb 25% Oct 21% 50 20% Mar 22 Vb Jun 32'/a 140 27% Jun 37!/2 Jan 102% May 107% Sep 100 y8 BONDS 32% 32% a35%a35% 28% 1,096 ■)*'/■■ 75 30 y2 Jan 33% Sep 32% Apr 35% Sep 220 27% Sep 28% Sep 28% 51% 51% ,..3% 435 3% 50% 611 Jun 53% Apr 3% Jun 4% 690 8% Jan 10% 160 19% Jun 24 (Un > __£ 90 14 14% 705 14 Oct ' 17% 33 %d a8%. a9% :■ ioo 8 Jan 12 45% 535 39% May 53 34% 118 32% 32% 33'A 325" 5s series 1975 A 36% May 33 y4 Oct 1975 Jan 33% 1957 4s Apr 44 y8 2%s 1961 Transit Jan (Un)_C Tel 2%s Baltimore __ __ — __ 107% 107% $300 105% 105% 800 Jun 105% Oct 47V4 47% 11.000 37 Apr 54 V2 Feb 54 54 1,000 43 Apr 6iy2 Feb Apr 21% Tel Jan 9 21% (Un) I 25 (Un)_; 9 45% • (Un) • ; 12% 12% 1 7% 7% l . 13 5% V 3% 21% 21% 21% 9% 8% 10 5 5% 38% l Safeway Stores Inc , St Regis Paper Co (Un) Schenley Industries Inc 62 %c 62 %c _____1 Co 38% 6>/4 5 1 18% 19 • Co 18% 42% 42% 43 ..ZI.I—30 Security Company Trading Corp . 51% 47% 25c 6c Signal Oil & Gas Co class A Corp... 1 • (Un) Company page _._~"l5 1 42. 33c 24% Apr 72y2cMar 41% . 17% Jan Sep 6% Jan 28% Jun Oct Jun 970 16% Jan 19% Sep 1,244 34% Feb 43 Oct 45 Jun 5iy4 Oct 10c Feb -'■ 518 923 27,300 4c July 8% Mar . "30Sep 21% Allegheny Ludlum Steel Arkansas Columbia Gas Co Oaf pfd- Joy Manufacturing Star j Corp__\ Supply National Fireproofing Corp San Toy Brewing Feb 33% Aug Standard 12c Jun 35c Oct United Vanadium common 1.489 18% Jun 24% Sep 1,365 14% Jun 17% Oct Westinghouse 138 9% Jun 2% 100 2 Feb 1,700 8% Oct 31 32% 176 30% 24'/a 318 20% 7% 10 10 19% 20% 2,421 9% Feb 13% Oct Westinghouse Electric 13%' 5 24' 3% 3% 3% 15 35% 27% May 35% 207 28% 65 100 . 7(4 65 230- —" 1 10c 10c 6c Feb 18% 18% 125 12 y4 3% ■ ...1 5l/a 5% 100 4% Sep 387 28 V4 28(4 26% .12.50 30 65 '• 16c 26(4 27 512 21% 512 20% Jun Oct Oct Mar Oct 5y2 Feb ■. 34% Feb 34% Jun 29% Oct Jan 18% 11 Oct 28% Feb 36 8% Jun • 15,900 Oct Jan Jan ".'44 May 1 Aug 8% 6% July 51 23 Jun Apr Aug 23% 2% July 993 363 35 7 Vb .24% Jun 44 Jan 39% Mar ' 6% July 43 % Alloys Steel.. Corp 3 11% Jun 7% 12 y# : Oct 2T% 10 Air Brake.._J_— 365 ' Jun 10% .10 Plate Glass. Glass 11% Jan 11 150 10% Aug 14% Mar 2% Screw & Bolt Corp States 10% 93 14% 26% 10% $3.50 pfd._ Steel Foundry pfd Mining Steel Spring 20% 10% Jun 1 1 — High LOW 17% 150 5 Co Gas Fuel Pittsburgh Pittsburgh Pittsburgh Pittsburgh 22% 10% -10 ;. Machintosh-Hemphill Mountain 20%' Range Sinee January 1 High 5 Svstem: Commercial Duquesne Brewing Lone Shares ll'A 6% Co Continental for Week 14 Vb Nat Blaw-Knox Range Low Par Sales Week's of Prices Last 17% 17 13% Jan Oct Jun; - Friday STOCKS— 24% 23% - Aug 4% 5% 6% 2,000 35c 10 ■V- 22% 6c 28c jun Jun 4% Aug 48c ; 3% May 27% Jan 100 32 31% Signal Petroleum Co of Calif. Socony-Vacuum Oil Co Inc 51»/4 Jan 150 a28% a29%: 1.75 Finance Co 7% 7% 5 (Un) 452 Mar 25 2,537 28% 28% Apr 6 3% 1,767 6% 9 Jun 17% } 800 39% 5Vz- Jun 2% 344. Pittsburgh Stock Exchange Jan 7»/4 750 Richfield Oil Corp common 14 4% 12,561 5 Jun 1 320 ... Jan gale Price 9% 800 . Feb 25% Jan 960 1 Company • 500 5%: 3% 3% > . 8 2.50 Co____ Ir.c see 8% Aug Oct 21% 10% 6 , com Shares 13 Works Bankers $1 746 11c • (Un)___ Republic Pictures Corp <Un)i...____50c Republic Steel Corp (Un) 11. „• footnotes Oct 1 Inc Corp of America (Un). Radio-Keith-Orpheum Corp (Un) Republic Petroleum Co Aircraft Mar 15% 8% 10% __10 Co 69 48% Jun 11 Jun - 24c Radio & Jan a21% a21% • • Incorporated Roebuck 1.90 ;3«6 14% • Company Aeronautical Jun Oct a52% Airways Corp (Un) __2 % Gas 37% Aug 2y« Jan 1% 82 %c • 8 . Corp Company 37% Aug 3,400 2,00) a51%. 28% Gimbel Oct redeemable preferred class A..25 Oil Tel for Week Low • Feb 1.10 Mar Sep 32% Pure V Oct 3y8 Pacific Gas & Elect common..^.. 25 G% preferred _______25 Pullman Jun 17% al9% Phelps Dodge Corp '17% 6% 70c 2% Jan 10 & Stores Range of Prices . Par American 10 15% July 1 d— Products Co 2 Last. Sale Frice General 300 Corp w v Sales Week's Friday STOCKS— Oct 230 10 (Un)__ Pictures 301% 290 17 (Un)__100 ... Motor Car Jan 26 3% .1 Co company RR Philadelphia-Baltimore Stock Exchange 10 17 (Un)_____10 Pacific Finance Corp of Calif For 22% 40% a 35% Fidelity & Deposit Co 2% —-1 Inc. Petroleum American Jan 3% _• Northern Pacific Railway Co Lighting Aug 299 82%c87%C 5 i Aircraft Oct 18% 26% 12 _1 North Solar 22% 40% 8'/a 10c Eastern 23% Jan (I Jun Jan 1 (Un).._ Central RR Oil 16% Aug Feb 10 (Un) Davison Chemical Corp Delaware Power & Light 17 North Sinclair Feb 6% 15%. a3% 12.50 (Un) Jan 14 y4 2,100 ; 8% Mar 1,45 20% 80c 2 Jun July 270 a39% a39% 82 %c 6% 963 . 26% 80c 80C 1 1 16 Ms . 24% 301% 301% 12% .12% " 18 Co Distillers Prod Corp Clay a23 a23% 16 % 1 i 1 Petroleum Co a23 26% 100 : Nordon Corp Ltd Sierra 10% 40 Locomotive 1,159 a47% a49% • Nash-Kelvinator Corp Sears Oct 233 15 % a8% —• 2%s deb___ Baltimore Transit Co National City Lines Inc Seaboard Tel & Tel Baldwin Mfg Co Ranch American Jan 7 Monogram Pictures Corp Montgomery Ward & Co Inc Ryan 14% BONDS— Jan Middle South Utilities Rice Jan !„5 (Un) Co 9 Corp Robbins Inc Oil Mining 15c 10c Investment Drug 10 • (Un)______ Co Sep (Un) Magnavox Company Mascot Oil Co •. Rexall Gold W) Oct Angeles Biltmore Hotel Co... Reserve Zenda (F 3 Co Aircraft Oil Woolworth 7c Oct Pepsi-Cola 7,424 • ,,, Co 1,320 Jan Pennsylvania Tel 1,000 7% Pan Union 7c 26% Paramount Jan 13% 10 Co Inc Westinghouse Elec Corp 5% Jan Packard Jan 12% 15% Jun 5% 11 12% 144% 5 Pacific 8% May Jan * 20 Pacific 65 Oct Oct Mar 15% 100 389 Oil 64 25% <fc Tel 450 Ohio 64 >/4 Feb Feb Corporation 7% Oil Feb 58 Jun American 24% Edison 49 156 19% Arundel 24 Oceanic 463 14% Apr 7% Ohio 64 % 68% a68% 75 11 1 Occidental 32% 20 351 49% Mar 4 Northrop Jan 23% Jun Light Co (Un) New York Jun 28% a9% al0'/4 8 40 Company Libby McNeil & Libby (Un) National Western 5 Lane-Wells Merchants 17% 475 al4% al4% 10 Bakeries Inc 7c 46% Menasco Pictures 1 a49'/8 & 240 32% 64% a 10 ... Oil D __10c Corp 5 McKesson Sep Sep 20 a 20 % a 23 V4 5 (Un).,. 13% Jan 31 5 Angeles Oct 11% 23% 50 ^ Corp H Air Lines July 27% July 42% Jun • Los Bros 1.50 Mar c 50 Light Co Copper Corp (Un) County Land Co Inc (Un)_ (Un) Kentucky Coal Co Western jan 50 Kansas Power & Loew's Warner 14% Oct "„:ny4 Jan a29% a29% Kern Los 25% Jun Oct 4% Jun 9% 570 10% Jun 1.70 3,350 1.20 Kennecott Lockheed Sep Feb i)Va Oct al2% al2% Oil Company Lincoln 18 16% 1,165 July 120 * Co & Tel Tel Katser-Frazer Laclede Gas 100 (Un)—_• of Can Paper International 2.10 14% 33yafl __ (Un) Nickel International 9% - 10 - Jade Oct Feb 9% 396 ioy4 1.90 '14% Petroleum Corp International 10% 1 12.50 6.66% — Hudson Motor Car Interlake 556 118 13% Feb u-r 622 31% 64% Sep ' Hilton Intercoast 10 i Steel States de West Jan 3% Jan 15 18% a 11% 1 Co Kamp's 16 18% 25%< 10 Rubber Consolidated 67 : Co Corp Van Jun Jan 11 (Un)_* (Un) United United States Universal 11 Corp ( Un) Jan July Feb Oct 72% 447 25 25 Railroad Jan 7% 44y4 Jun 5 Calif of 310 % July 7 38% Co V Jun 300 1,203 a46% a47% • 5 38 13 142 • 11 16 ;, 15% 138 % 10 (Un) Company ''; ' 10 • (Un) Corp % 2 Corp common Util 302 % 1 Liquidating Corp.— Fitzsimmpns Stores Ltd. class. A General Public 302 1 Bit—__100 Nat'l R. A. Feb 62% ■-.i 2 United Aircraft Corporation United Merchants Farmers & 37% a45 72 V2 72% 10 (Un).. Carbon & Jan 260 17% 50% 39c —™_4 Corp Feb 80 , al9 17% Company Ltd A 23% Feb 145 70% a72% al8% Jun 5 50 275 a44 Vb (Un)—.... 1 Century-Fox Film (Un)____•- 22 255 > *,■ 69% Tri-Continental Corp 30 - Jun 50c common.' Co Corporation 69 7% a20% a20% a ——50c Inc Electrical 753 719 ,-7% • a20% Aircraft Co Inc Douglas Dresser 6% a8 56 Vb .—* Oil Assoc Transamerica 12% a28% a28% 5 Un).__ ( 923 • Preferred Tidewater 5% 1 67% 'V ' 12% 6% 1 Inc America a44'/8 25 Co Transcontinental & Western Air (Un)__. Motors Corp Continental Feb Oct 66 VB 65 VB 25 (Un) Jan 22 25 Sulphur 49 Vi 37 y# a B 35% Aug ny4 Oct Jun 27% July 17% Apr l (Un) preferred Sep 65 -1 iUn>_ Apr 10% 32% 232 25 Oil Corp common 33 Vb 787 45l/4 21% (Un Jun 11% a 25 <Un)____ 26% 21% ——* (Un)_____ J) 569 Apr a32 V8 a33% • Calif Jun a29 7% Jan Oil (Uni 23 V4 4,734 io%;; 44 Pacific 12% 1.55 17 Oct Jun Southern Co 15% 1.20 (Uni___* 34% 10% 6% pfd class A.—25 ■wd'A'.i---^._--::-ir.-.-r------5■ Company * Railway Company (Uni • Southern 17 a28 % 1.40 Engineering Corp 1 Liquidating Corp • Vultee Aircraft (Un)—1 Sav 33% 10% Gas Co Sep 100 a26% a 1 Mng Gould Consolidated 17% Sep Sep 34 V* Calif So Oct 3% Apr 30 761 350 17% ; Oct ~26% Mar 29 v; 15 44 Va 3iy8 26 25c ■ 28 Vb Mar 28% Jun 10 ■ Aug 328 25% Oct 100 ' 15% a 11% • (Un > Commonwealth Edison Co 17% • (Un)...: System Inc Solvents Corp 3% 15% a 20 Preferred 350 ■v 29 % 25% 38 ya Feb 1.217 63 common..* Colorado Fuel & Iron Corp Cons 14 __._.l Clary Multiplier Corp Columbia 14 Sep Apr 28% 42% "■985 33% 27 Vb 25 2o 150 *31% - Jan 46" 4.32% preferred High 29 % ' 25 25 25 lc ' 10 (Un) 42% 31 . 28% Low 3,305 preferred 4.56% -preferred 4.48%. preferred in% 695 42% __ — Cities Service Co 14% <■ 4.88% 32% May 32% May. 10,000 25c: ' Pacific Ry Co lUnj— I) Company (Un>— Canadian «v4 July 7% Jun 2,337 ' a34% a35'/« — 'C 2,800 8 12.: 11% . Corp Calumet Gold Mines Co..10c ' 7% 8 A• Jan 29% Oct Volume 170,. Number 4851 THE COMMERCIAL & CHRONICLE FINANCIAL (1729) 37 ■la ft OTHER STOCK EXCHANGES iv i" RANGE FOR WEEK ENDED OCTOBER 28 A St. Louis Slock Friday STOCKS— American Invest Tel Bank 1 common (Un) Tel & Shoe Burxnari Emerson Electric Falstaff Brew >' LOW 20 275 514 16 common fcieciric Motors General Shoe cunmoa 16 Jan 29 30 206; 24% Jun 31% Oct 110% Sep 113% Jan J 29'/a 111% i 462 111% 111% 19% 19% 18 20% 642 on» • 38-/8 37% 38% 132 •JH** Ju U 66% 65% 67% 469 52 % Jun 29% 30 70 2o% 26 553 19 19 50 1 2 * Edciede Gas Steel 4% 13% Portland American 24% «• 28 40"% Jan 46% Oct 10 Feb 5 6% July 9% 8% Jan Oct 10 Jun 8 Oct 34 Jan 17% 140 16 Jan 20 251 15% Jan 20 % July 19% Jun 25% Feb Jun 5% Jan 10 5 780 42% 43 479 13 % 13% 5J 12 % 15 37% 38 38% 278 33% Jun 37/a 34 Oct Oct Jun 43 Oct Mar 18% 46 Jan Kennecott B.ern Copper LeTourneau. (R Inc Macy & Co Marine Meier Last ;; Air Reduction Co Alaska Juneau ' (Un) Gold Co American & Foreign Power com Factors American Power Amer Radiator Ltd & & l Viscoe American Corp Woolen (Un) (Un) Co Anaconaa Copper Mining Anglo Calif Natl Bank Arkansas Natural Gas Armour & Atchison Co. (Ill) ^ class A Fe Atlas Bank of Earnsdall Bendix Oil Co Aviation N Co Byron Central Chesapeake Chic Mil Cities Service Colorado Class Fuel Gas B 2% 2% 2% 4,890 Food a22 a23% 101 18% Aug 4 6% a47 140 403A a53 22 a 9% 35 365 53% 28 (Un) 13% 14% 255 a40 a41% 56 —25 a41% 10 9 Mar 1 (U11) 10% 28% a I) class Bank- Cement 11% Apr Sears Mining Roebuck Jun Sinclair Jan 12 Va Oct Socony-Vacuum Silver Oil Corp (Un) Jan 8% Jun - 9% Edison Jan Standard common Oil Co of 30% Oct Standard Oil — 50% a51% 6%" 6% 182 43% Apr Feb 503A Oct Standard Oil Co of N J 17% 17% 1 % 26 26% A 6 w „ , . 37% Union Carbide Oct Union Oil Sep 578 7 Va Jan Union 304 22% May 28% Jan United 6% Jan Jan U 67% 13% 66 • 17% .% -A (Un)_» a39% a39% a40'/s 3 A. 9% —__L——• 14% pfd , ' Ltd.. Hobbs Battery Co class A (Un)_ Holly Development Co common 49 • * """ ' l 9% — Jan 45% Oct Universal Jun 673A Oct Utah-Idaho Jun 16'A Jan A A, Warner Westates 56 Jun a__ 66 Va a._ 3 100 2% Oct 3 Oct 12% 12% 400 11 % Jun 21% Jap 32% 32% 170 25% Feb 32% Oct 127/e 13 350 9% Jun 14% Jan 8 8% 215 7'A Jun 3 — — — 21'/a 55 2,500 39% Oct 11 y8 July Jun 15% Jun Sep 19% May 23 % Mar - 4 Va 17 »A Jun + 35% Jan 39% Oct 14 Jun 19% Jan 356 25 Jan 41% Sep 28% Oct 27 27% 240 2lVa 29 410 23 6 6'A 200 Feb July 29 Sep 6% Mar 4% July 11% 340 10 Oct 127a 28% 395 16% Jan 29 8c 10c 69,225 fic Feb 11c 42% 43 508 34% Feb 43 — 5% Feb Jan 26% 27% 10c Jan 5% Mar 4% July 11'/a 5% Sep 8% Feb Oct Mar Oct Jan 5% 100 39 39 230 31 Feb 39% Oct 31% 32% 770 20% Jan 34 Aug — — 32% 3V4 3'A May 3% Feb 23% 24% 770 18% Jun 24% Sen 17 17% 1,239 14% Jun 17% 26% 33% 27 1,057 21 Jun 28 % Apr 33% 1,594 29% Jan 337a Oct a25% a26'A a28% a29V» a31 a31 101 . 23% — — •: Jan Corp 52 50 Co Pictures Yellow Oct 10% 2,174 10% Oct 11% Oct 45 45% 888 33% Jun 497/a Jan 8% Oct 55'A Jun 9% Mar 8V2 66 % 68 2,877 44% 44% 242 39% Aug 447a — 72% 73% 327 61% Jun 73% Oct ' 25% 610 16% Feb 253/e Oct 8'A — — 24% — 61% 10 265 62 24 „ 24 418 11,734 12% 12"% _• 40% 40% 26 27'A 27'A 13'A 40% 28 Va 97 97 20 — Jun 62% Oct 19% Jun 25% Jan Jan 14% Oct 48% 895 337/a Jun 41 % Jan 25 Va Jun 32% Sep 97 Oct 97 Oct 11% Mar 137a Jan 10% 14% Oct 13 13 14 % 14% 251 Jan 47a 4% 24% 4% 25'A 125 2% Jan 3,757 20% Jun 25'A 44 % 46 200 35 Feb 51 3 3 167 2.05 Feb — 1 7'A 7% 418 — 7% Oct 4,250 9 % 5 13% (Un)—1 1.30 7% (Un)— common 1 * 13 80c 5 - (Un)— 14 19% : 17 18% — ! 29Va 46% —46'A 5'A 5'A 20 % J7'A 18% 29lA 10 run) — ——A' 1 25 — • — Oct 3% Oct 9% Jan 14 Oct 35,025 80c Oct 1.35 Oct 10,480 ■'4% Oct 73A Jan 1T3A J"n 22% Jan 5% f Feb 7% 430 13% Mar 17% Oct, 100 13Va May 18% Oct GOO 21 Jun 29 % 595 44% Jan 49% Julv 2,755 46% 5% 20 % Jan Oct July 220 1.35 .7% v 18% Oct 10 — — Sep 1,800 A/ 200 — — 70 5 — Cab Co common Preferred Sep Sep 31 25 (Un) Stores W) 31 26% 44"% 1 (Un) 'F Oct May 10% 17'A Woolworth ... 24 10 Oil Air Lines Inc Dept 26 26% Mar Oct ' 66% : 12% (Un) Petroleum 3 100 common Sugar 200 10% 50c Western Union Telegraph (Un—A * Westinghouse Elec Corp (Un)—12% Western May July 34% 28'A — Oct 1.65 28 Va 471 17% 39% 7'A 40% 18 62% Aug Jun 28 210 39% 17% Jun 21% 298 21% - 38% , A 252 5'A Apr 42% 30 86 95 11% 1 Jun 16% July > . , 9 28'A .—1 Western 466 , 21 Va „ —10 Inc Indies Sugar Jan 93/4 (Un) common Consolidated Preferred West 44 12 23 ___ Jun 343A A" 1 5'A —■ -4 Bros 37% 80 2.10 Oct Calif Equipment Co Sep 110 23" Victor Jun 14% "14% 1.90 Steel 18 680 A f S 14% Feb 10 18%" 18% 2.00 "A jun 16% May 55 non-cum Oct 6% Mar 5% 2 Carbon & of Lines % 10 265 - Air 10 M5i 'A: "10 a63% a67% • Feb 60% 3JA July 1 Sugar common 53% 220 13 66 Apr Co 41 250 a38% a40% (Un) 49 Va 130 5.% 26 common Preferred 343/4 'A 2,010 12 12% 5 68 a40% Rubber Jan Jun Feb 8% 26 (Un) Oil United Corp of Del 39% 100 6 1,055 17% • 100 (Un) Oct 1,« 13% » common 18% 39 % 38'A Jan 37 — 4 Corp Jun 65% * common. Water Aug % July a47 a47% 1,591 52 V4 8% 12% 2 (Un) Ass'd Transamerica % Jan —25 Calif Corp (Un) Jan 500 Sep 4% 10% Mar 189 a26'A a29V» (Ind) Co Company 12% Mar 1,835 i7tf !lr . Texas Oct 31 184 39% ■7. 2% July i- Btudebaker 14% Jun Feb 129 33% Inc Tide ,,4 147 Jun 8'A • a61V2a62'/8 ' 38% 10 57% Spiegel Jan 47% Mar v Jun Jan 3'/4 134 Sep 45 Apr 47% Aug 103 385 A. 18% A 18 . 1—5 24% 7 9% Feb 135% 69 3% 9% Sep; Oct 65 19% May a43V8 a45% 26% Co 925 6 3% „ Pacific Co 1,710 12% 89 — (Un)—4 com preferred 4.32% convertible preferred preferred 4.56%— Southern Jan Co 1,100 Jun 233 104 % 11% 15 —5 Pulp Co Calif Southern Feb 12% A 2.90 Oct 44 A July jf>% Feb — Apr 7% 100'A Jun : 202 • . a61% 4 9% 39 Jan 100% 101% -5; (Un) 3% 17% Sep 54 a45% ___* (Un) Oil 30% • 28 Va 401 18% • Coalition King 2.90 (Un—ua—5 Sep Jun 20 65- 141% 141 Va 25 9% 27% 50 16% 16% „ 25 25 203/b 62% ' 3% 1 Cumulative Jun 103% 103% „ 55 55 a24%a24'A 4.48% A, 644 382 „ a30% a30% " Cumulative 780 51% a24% Oct May 11"11 % 28 Vb* 51% a30% Oct Mar 90 11% Oct Va Apr 30% — 29% 100 1 96 94 5 40 Apr 103 Va 1 102 113 100 ,.:5 26 27?a , 4 102 321 486 8% Southern 1,151 28% Feb Soundview 44% 28 Sep Apr Oct 57% Jan 34 Jan Oct a Oct 32% Jan 327 95 55% 36% Apr 30% : 17% 29 a43% Apr 30 4,991 . 24% Jun; 57% 33 437 V 20 Jan a44% 976 32 Sep 87% 5 33 35% Jun 20 . 32% 35Va Jun 50 A 200 Apr 14'A 101 __ Jan 19 1,533 a97 % a97 % a Feb 6 Jun 18% 21 15% 95 1 page Jan 55% 2.90 :„ Inc — 8% Jun 8% 13 Va Apr •% 5 P10 — 30 % : „10 Co Corp Jun al7% al7% A Jan 782 28% " Apr Sep Jan ' 340 28% 1,090 100" 5 Jun 12 ? Oct Jan 14'A 92% 8 400 __ 15 Jun ?;■ 12'A (Un) Co 53/a 9% 12 %, 3% 4% 4% - A/ 866 a20Vs a20V8 ' .'AAA 25 A __ Co • —» • Co Water Oil 8 9 12% '. 4% . • 48 7% 9% 13% 1 : 250 — Jun 27 Co & 528 £Un—10 common see Jun 11 7% 10 55 ;.A 10 5% * 540 4 — Inc Stores Maurico 5% 5 13 (Un—• A W Fine Foods Inc San 10% Nemours— Pineapple Co Apr a64% a64% _ 31 1 class Co Signal Oil & Gas Co A 16% Jan 1 common Shell — footnotes Riverside Shasta i 28 Va — • Oct 101 200 10 Corp 15 . Stores Oil Sep , 30 Mar 41c 31 21% r- Manufacturing Co Richfield Sep Corp common., Ry Rheem 57% Jan 17% com—5 „. Ltd Jim 27 % I class A preferred North Jan 29% A 33 Oct ——31% • Reynolds Tobacco class B (Un) Jan 8% Jun 9 (Un)— Co 34% (Un) 143A July 28 % 23% May 14% common 253/a (Un) common & 2.10 Oct Jun•: Co 21% Mar o 28% Aug 330 25 — 693 25 318 • Equip & Realty Co Ltd pfd Incorporated com Preferred 486 common Corp F) Jun (Un) Rayonier 27 8% 1,200 30% Jan 21% (Un) com 17% ' Tire Orpheum 28% 67 % (B Ry a'—A—A 575 23c 30% „ 10 (Un) America of 27 10 Goodyear Keith 28% 38% Goodrich Corn 17% 12% 22c 30% 20c SeD Jan 2.65 4 • • 12% Sep May 14 Va 13 —•' • (Un) S & (Un) Co Co Radio Jan Pulp & Timber Co Radio Apr 14% Oil Pure Safeway 1 1.40 - 19 60 30% ; 33%C 25 Oct Inc 300 Jun 30 Co Jan 54 Oct Mar 10 37% 1 24% 10% Jan —■ : • 18 Va 1 AA Jan 11% 17JA ' 167 42 %' A—535A 1.75 12% Jun 60 13% July 100 23c ! Jan Jun 8V4 • A— , 32 % (Un) lS'A a47% State 58 Petroleum Puget Sound :'&AAA;—i/ 50 9% 1.70 51 834 — 14 'A 1.50 9% 1.25 July 145 i 17% 14 42 1.70 35% Aeronautical Co common • Paint Feb Pictures Ryan 240 17% ; 42 5 Companies common Oct 55 17% • Pig'n Whistle conv prior pfd 7% Pioneer Gold Mines of B C (Un)—,—1 Oct Jun Paraffine 32% 180 100 al0% al0%t ? r • Jan 1 1.50 al0%al0% A — • 25% _5 1.50 — __ 101 115 (Un) (Un)_ Oct 16% 31 Aircraft— 12% • 31 • Preferred series 31 (Un) Oct Jun 2B A- * Y 21 Va 10 25 25 A—25 common 25 of N Feb 3,480 25 Bros 11% 17 Va 12% BA, Roos 11% 21% 12 10 Oct * 21% 12 Va 1 (Un) 64 ' Oct 21 Va v * 43% Mar &25 16% —20 687 15% Jun B 63% Works Motors class 62 a25 Sep Jan 9Vs * 63% 15% % 2,270 y—. 435 100 Oet a24% a24 Va 23 15% 16% A 44% a24% 57% Mar 15% 8 742 — Jun 48 16 — 56% A—2% 436 Feb Jun 1 — Republic Steel Corp , July 8 19% Mar • common Republic Petroleum 5 23c 10% (Un) Sep 28% July 6% May 937 (Un) Jan 90c Oct 15c 300 com Co 343/e 50 34c 23 Airways Motor American Fhiliips Jan —_ Packard Pan 30 Va 837 Jan Jun 14% ' common——100 Jun 4,365 Oct 2.10 22c 143A 10 55 (Un) com 53% 25 Jun Jun 1.35 22 % > 100 56% 3% common Capwell 93A 36'A & Jun 1.80 37 % Aug 22 52'A Tel Tel 24 27% 33 JA May — Cement (Un— Seffvice common 27% 29 % Apr — Portland 742 a Apr 17% 105 25f, Oct 17% Feb 200 a39% a40'/8 37% Jun —' (Un) 10 . of Amer de 4.50 54y 27% Sep May 20 Paciflc Public 29% 28% 100 Jan 27% 7% 600 Aggregates— 31% 1.70 25 (Un)_ 523/a Jun Feb a— Oct 18 11% 7% (Un) 28% / (Un) For 6% July 5% 35 32 % Jun 250 20e —* Jun 5% 18 10 Jan 430 :.V 10 r 14'A 14 Oct 2.25 Jun 28 390 ; ; Jan 5 class Filters 30% • (Un) Hawaiian Oct 30 100 37'/a 9% 1.25 Mar 825 23 18c Pennsylvania RR Co (Un) Pepsi Cola Co (Un) Phelps Dodge Corp (Un) SeD 52 1,636 35 53% 12%- 25 • preferred Paramount Mar 45 f • * Kleiser Bros 24 Feb 44 Va May 50 common Electric Co Hale Oct Jan (Un) Corp Oil Greyhound Jan 2.70 Jan Foods Corn Great Jan 14'A 25% General 4% 33% Oct 22 General Golden Jun 6% 1.95 Mar Jun Ltd Liquidating Corp General 23% a52% a46% 32% 73A Preferred Oct Jun common Bond & Share General 4,159 2% 13% Corp & 700 500 — Cons Lighting Corp preferred Pacific Oct 343/4 Mar 2% Aug 1,000 7 2.50 1.75 18c Pacific Jan 52 21% Machinery & Chemical Foster 30 6% 2.40 355 Jun 210 common Bridge (E Emporium FAR 29% 2.40 A'.g Mar 42 • Co Kodak Dorado Electric 23^% 375 common Dumbarton Eureka 10 a23 Corp Chemical Co Pont Apr 14% ——. du Jan 43/a 26'A Co—- Giorgio Fruit Corp Eastman 10% Apr 23 Doernbecher Mfg Co Dominguez Oil Fields Co (Un) El Apr Jun 9% com Amer Curtiss-Wright Dow 11% 8 2 % 150 preferred Class Jun 100 200 300 Preferred Di 9 8% a (Del) Natl Steel Jan 14% Sys Vultee First 7% 9% Co Motors Zellerbach -(un Pacific 4 '/a r252%r252% 18% July Oct 4 40 Jan (Un)_10 common 1st preferred red preferred red 1st preferred 5% Oct a23 Edison of Oct 7 33c 8% 25 System Continental Oil Co Creameries 23% com Electric & 1st 5% Jun * Iron Solvents Consolidated 6% 14% 53,800 5%% Jun 5 ' Continental 2nd 433 al0al0% II 2% Commonwealth Crucible 5% 4% 22c -a—™;———8' — Consolidated Edison Crocker 3,445 12,800 Gas Pac Jan 765 22% a39% 1 Pacific Finance Corp Jan May 17 37Va • Filters Coast 13 16% 34c (Un) J55 Broadcast Commercial Cmwn 7 33c 5% 20% Mar 5 Oct 7% fncific 9% Mar 8% __ 10 Oil Co Oct 23% 1 — Sugar Jan 47% Jun 30c Pacific American Fisheries common ll3/8 102 14% B Columbia a23 Jan United Onomea Oct 2% (Un) (Un) & Aug 6% 33% July 100 Ry RR Chemical Co Columbia Jun 87 52 America Co 5 35 28 % 8 Chrysler Corp—.. Clorox 684 31c 5 common— Ohio 150 7 5% 5 Railway Paul 11% 1,922 8 Mining & St 5% 33c 15 (Un) of Eureka Av 1 —_ Corp 33'% 8 Packing Corp Celanese Jan 10 Co Tractor Feb 343/4 a97 a99% 2 Preferred & Co 37% Jun 34% Co— Pacific Jun 25% 52 I California (J It 223/4 32 * Sullivan Jackson Canadian 125 Sep 34% (Un) Cement Case 333 Jan 62% . 55% Jan 34c common United Jun Jun 6% P10 (Un) Oliver 1493/4 11 (Un) Calaveras Caterpillar 25% 25% Jun Edison Oct 41% 39 1,300 Co Co 16% 16% 200 (Un) Co Sep 15Va 145 190 (Un) Products Oil Co Oil Co 238 Jan 1 Invest Oliver May 51 34% (TJn) Corp & 90 5 Pi ilJni——„ Hill 1,370 a a 5 Eroadway Dept Store Bunker 145 63% al0% - Borg-Warner 138% 143% 5% (Un)__ (Un) Bishop Oil Co Borden Feb a22% 13 Cons Mining Bethlehem Steel (Un)_. Holdings Corp Boeing Airplane Co Apr 53% 100 Benguet Blair 45% Ohio Ohio 16Vs 3 150 __ (Un)—___10 Oceanic Jan 195 American Amer Oct 9 1 (Un) American 43 Sep 4,800 : 400 10 (Un) North Jun , 5Va 11'/a Occidental Petroleum Corp cap_^___—l Oct Jan 160 RR 33 JA 43 V 32% 18 American Aviation North Jan 12% 14% a63% _100 common Corp 22 Feb 6% 3 A Jun Jun 11% ...1 California 15 7% II — V2 Locomotive (Un) Baltimore & Ohio RR (Un) 24 a28% a28% —OP Baldwin Oct 10% a 5 Bandini Petroleum 2% Jun 866 32% 100 ; Oct 635 5 Imp Diesel Engine Big Wedge Mining Co Mfg Corp— Atok Avco 1% Oct 12% ; 12% (Un—* (Un) 40 . 14% II • Atlas Corp (Un) ' al44% ! : 20 (Un—„ Top & Santa a2% 3% Feb a47% a49 % a49% (Un) North 233/8 May 7% 12% -50 —_ Feb 1, 2% Jan 13% 14 (Un) 203/4 750 18% Inc Fibres Mining 209 43 a8 — • North High 1,035 18% II • • (Un) 75 » Park Central Y Apr 45c 1.75 • New Low Jan 11 Sep 237/8 __ 1 & Distillers N Range SInee lanuary1 10% a2% American Smelting <fe Refining (Un>~ • American Tel & Tel Co (Un—_„_100 American 10 20 (Un) San Shares High 21% a21 % 3% 3% 10 (Un)_» (Un— Light Stan a 10 (Un) common for Week of Prices Low • Min American Airlines Inc American Par 31% Jun 23% 1 (Un) Co National Jun 8 26c a77/8 * (Un) Corp Auto 26 300 al03A al0'/2 __ 5 Natomas Co .Range 4 . Sale Price ' ■ y __ a7% Machine—' Oct Sep 19% July 227 4% 16% * Cement pfd National Sales 1 Inc Ward Nash-Kelvinator Exchange Week's ... 5 1 Co Morrison-Knudsen Friday 43 ;,A.A, -7 B 2.90 35 34c 332 Cons M 200 Aug 2% Mar 9%f 1,032 Robbins & 29 % 11 34c —1 Portland Feb 49% Mfg M Jun 7% 46 Va class Jun 32 Va Feb 9Va • • Navigation & 29 Va 1.70 90 49% Corp Co 15,450 5 Feb —2,975 - 45 »A Inc G) & Frank J 2.90 46 Co Mindanao Mother Lode Mines M 2.45 49% (R H) common & 8% Aug 2 • Co Menasco 75 52 5 Calculating McKesson Oct a9% a2'A (Un) Bancorporation (Glenn L) Martin Jan 14% 8.75 Co Marchant 66% Feb __ 1 Un) 1 Jun 10% a35% a35% 9% 10%' 29 % A * McNeill & Libby s 42^4 704 Company Corp Land County Montgomery stocks— (Un)_» (Un)—.— 60 14% a2 —A. P2 Corp Jun a9% 9% (Un)—* com Corp Kansas Power & Light— Monolith San Francisco Stuck Canada rxiUcer-x-'razir Matson May 5 , Jan 24 % Tel & Co Johns-Manville Magna vox 13% July 19% Jun 20 of Tel Mining High 3V8 968 2.50 . 20 Low 350 r — „33Vsc Range Since Jftnvary 1 High 4% — (Un—I Corp Nickel International Lyons-Magnus Jan 50 Mines Co Shares 14Ve __ Exploration International 1XL Loew Mar 14 Power iiiuependent for Week 4% 57% 14'/a ——x.—6% Lockheed Aircraft Sep 4% Inc Maryland Idaho * — (Un)—Ax-—A———1.. Hupp Corp Libby Juiv 21% 5 43 7% May Mar 5 18 21% __ • common 29% Aug 23 20 17% : 50c common Jan Jun 10 24% 20 10 class A 19% 3,885 £ 14% 25 ,'. 8 29 ; ■ 14% * com_ (Un) common Electric 7% 29 — , u Cement Stix-Baer a Fuller Wagner 7% 20 common Sears Roebuck 13% 4 com Oct 16 250 5 common 30 100 13% Oct 80 4% Jan 411 67% 60 9% Oct 24% July 337 7% common Louis Public Service St 46% 7% 9% 1 McQuay-Norris common Midwest Piping & Supply Kice-Stix 45% common LaCicae-Onrlsty common North 46% " • common common Missouri 25% o0 Oct 21% 19% Oct 10 (Un) 24% Foods Hunt 4% —12.50 Co Car Sales Range of Priced 'I—-' "■ low ——_1 (Un) Corp Motor fciXctxxo 9 Sep 28% Mar 410 common Jonnson-S & Shinkle Laclede Oct 175 24% common Knapp-Monarch Oct 38% 12% 38% 100 Griesedieck-Western Brewing Hydraulic P Brick preferred Key 12% 12 37% 24% (new; common International Shoe Jan 24% . General Oct 150% 38% _x preferred common Lxcutxai 20 Jun a ^ ri Co Oil Hudson High Feb 138% Oil Houuxuiu 15 common Industries Clinton 19% Holly Range Sine* January 1 High 143% 145 144% 3 : common Mtg 20 100 Bldg & Eqpt common Brown Low Par Shares Week's Last Sale Price Sales of Prices Friday STOCKS— for Week Range < Par American Exchange Week's' Last Sale Price i'"*; H - ^ 280 ""100 Oct Oct July 7% Apr 18% July 20 Va Jan 5 * 38 & COMMERCIAL THE (1730) LISTED CANADIAN ' ; FINANCIAL CHRONICLE Monday, October 31, 1949 MARKETS RANGE FOR WEEK ENDED OCTOBER 28 Friday Montreal Stock OmUIM sf Prices Sals Fries Par Abitlbi Power $1.50 & 12,794 20% 4,025 2314 23% 100 —'— v 22 22% 25 42% 42 42% Bralorne Mines Ltd * 10% 10% 10% 1,000 Brazilian Trac Light & Power British American Bank Note Co • 19% 19 19% 8,373 Bell A Telephone 168 Aug • 29 29 29 150 18 Jan 27 27% 1,742 100 103 103 103 317 Products Light Heat & Power com.——* preferred — — Jan 49 Oct 63 Jan 34% Jun 42% Jan Power Corp of Canada Price Bros & Co Ltd common 17 2,010 12% Jun 17 Oct 60 2,805 45 % Jun 60% 95 Jun 98% Oct ,10% Mar 12% Oct 18 Oct Oct 61 140 76 Sep Mar 4% Provincial Sep 25c Jun 26% Jan 945 17% Jun 23 4,300 383/4 Jan 43% Sep * 16 60 58% a98 a98 20 12 12% 800 * 17 17 18 457 • 9.40 9.35 St 21 % Sep 9.60 14,010 9 9 60 4 May 10 Jan a24 a24 11 17 May 25 Oct Lawrence -—1 Flour Mills 77o 15% pfd—100 15 a 13% 14 427 12 Jan 14% Apr 1 26% 3,032 22 Feb 26% Oct Shawlnlgan Water 61 Power corn.——* 23% 263/4 485 24% Apr 26% Oct 100 100 100 15 97% Apr 101 % Jan 3 Jan 143% 50 25a/4 26% Columbia Elec Co 4aA% pfd_100 British British Columbia forest Products British Columbia Class Power • Corp cl ^ Bruck Mills Ltd class Bruck Mills Ltd class B— A A 23/4 2% 1,300 27% 28% I,100 Feb 28% Sep 3 3 250 2 Jun 3% Sep Simon 270 14 Jun Jan Simpsons * 16 16 16 6 5% 6 24% < 700 1 17 6 4% Aug 4% 1st preferred——_99 preferred trust (H) Sons 57o 4%% Ltd Press • 33% 33 34 II,185 May Sep 35% Sep Southam Building Products Southern Canada Bulolo Gold Dredging Ltd 5 12 12 12 25 10% Oct 16% May Standard Chemical Canada Cement common...™ $1.30 preferred • 33 303/4 343/4 8,605 21% Jun 343/4 —.20 29% 29 29% 770 27 Jun 30 133/4 150 133/4 Oct 16 Apr Apr 49 9 5 140 1,643 Jun Oct 15% Oct Feb 703/4 145 Mar Sep 86 Jan 50 2,835 25 23% 47% 175 143% 83% 9.65 Feb 2,847 22% Jun 25% Oct 960 453/» Jun 48 % Jan 25 Jan 48% 21 21, 363/4 370 15 Oct 50 Jun July 21% 21 22 1,474 * 203/4 20% 203/4 295 16 Feb a99 a99 20 100 Feb 100 Feb 98% 99 170 Jun 99 Oct 100 -——.100 pfd pfd 94% Oct 22 15% Mar 20% Oct Feb 133/4 15% a 5.90 —* certificates & 82 • com Sicks Breweries common Voting 83 50 Sherwin Williams of Canada 2% " * , 2% Aug Series 27% A—• B Jan Oct * 26% 14 16 Sep ———49 — Corp common 1st preferred 2nd preferred 26% • 330 • — Royalite Oil Ltd 10% Aug Mar 8 16% • Quebec Power Jan 17% May • 46 100 ——__—4 Transport 45% Oct 10c 21 43 preferred • ._* — Oct 55% Co.. 25 Preferred Oct 30 common 3t Lawrence Paper 2nd preferred British American Oil common Oct 27% 103 Apr 37 Sep Apr 29 20% Jan 101 Oct 173'/a Oct Ltd River St Lawrence Paper class 100 133/4 Oct 22% & 170 666 7% • Power 170 57 123/4 2,111 Bathurst 170 Feb 41 Jun #ii- 24 55% 53/8 10c.... Feb 40% 8,375 24% 20 41 Oct 10c 1,075 55% Jan 23% 24 45% 26% 24% 23% ——Z—* 613/4 * 23 % _r.__—...• Jun ——>— ... • common. .4_—44—_* Jan a77 65 Powell 41 a74 May Penmans 25% 1,450 a77 49 Page-Hersey Tubes 665 3,745 100 2,997 Oct " preferred 65 Jan 54% 77/8 23 6144 Jan 26% 7% Jun 64% 9 12% 7% 20 * 24% Apr 26% .., High 30 103% 8 53% 25 • Warrants 57c 54 i pfd Argus Corp Ltd common Asbestos Corp Ottawa Oct 13% — Aluminum Co of Canada 4% 4% % Oct 203/4 Low 22 Jun 19% 340 13% 20 Jun Range Since January 1 High 22 —100 Mills Steel Low 22 — preferred Ontario Shares * Ltd Mines Flour for Week 99% July 45 : 9 9 7% High 93/4 May 16 475 103 103% 103 common new Aluminium Ltd '20 2014 19'/* Ogilvie Bangs Sines January 1 High 23% Acadia-Atlantic Sugar class A Algoma Steel ;'i Noranda LOU 20 % 19% _20 ..—.. 5% preferred Agnew-Surpass Shoe Shares Lou Paper common.. preferred Sales for Week Sales Range of Prices P Par Niagara Wire Weaving Week's Range Last Week's Last Sale Price Finds Friday STOCKS— STOCKS— Exchange 27 Steel Co Canada Iron Foundries 6% Canada Northern pfd——10 Power Corp • Safeway Ltd 4'A% pfd___100 Steamship common _* Canada Canada 10 14 preferred Canadian Breweries Canadian Bronze 50 * common 34% 8% 11 Sep 98% July Tucket't Jun 12 Jun' 15% United 33 Jun 37% Feb Viau Sep Twin - Canadian Class 24 Oct 19 July 21 'Oct Walker Gooderham 33 100 Feb 105 Jan Weston (George) 11% 11% 12% 2,640 Jan 15 15% 135 24% 23% 24% 2,924 39 39 39% 115 -.—.25 23 22% 23% 695 20 May Converters class A 8% 8% 75 8 Jun 10 pfd 20 " Canadian Cottons 6% Class i 5 To Zellers 23% Oct 6 To 13 Feb Oct 133/4 Feb 27% Feb Jan 8 11% Jan May 505 24 Jun 36% Jan Nova 275 12 July 15% Oct 15% 16% 16,652 Jun 17% Sep A 14/ 9% 9 299 14% 1,250 11 May 14% 1,854 81 Jun 122% 25 45 20 Feb 30 Jun 10 36 40 35 Jan 38 25 21% Aug 23 14%. 15% 13% Oct 33 33% 3,055 24 Jun 33% Oct 24 24% 700 21 Apr 25 Apr 18% 18% 200 17% July 19 Jan 34% 353% 15% 19% 1,640 14% Jun 19% 500 31% Jan 40% 35% 19 395 16 Jun 21 Feb 97% Jun 100 39 Feb 48 28% 28% 210 27% Apr 28% 100 100% 20 3/4 25% 203/4 —10 19 18% • 29 28% 29 795 22% Jun 29 46 505 353/4 46 common • preferred 20 35% 35% 6c Coal class B 25 Dominion Tar & Chemical common—• 16% ' 163/4 Dominion Steel Red Dominion 7% Textile preferred 10% 10% 10% 100 20% 260 193/4 Mar 21 Oct 25 253/4 2,490 22% Feb 25:% Oct 32 25 28% Feb. 32 Oct 28 % 2,396 25 Jun 28% Oct 34 27 38 660 Mar 38 Oct ,27 28 2,441 243/4 Jun 28 Oct 39% 393/4 25 35% Feb 39% Oct 10 Canadian Feb 35% 13% Jun •' 173/4 Oct Jan " Acme 15,867 Steels Fabrics Jan Bathurst H) 4.16% Famous Players Canada Co Fraser of preferred Aug E>elding-CorticelJi 95 Mar Belgium Glove & Hosiery of Can com.* 16 17 50 11% al.85 al.85 25 16 16% 150 13% Jun 14 14% 207 113/4 Feb 143/4 pfd__-.__.25 19% 19% 80 19 Feb 20 * _* 20 Corp 16% • 25% Jun 1.00 Mar - Jan 2.50 Oct • 17 Jan Sep July Tire & Millen Ltd class A_—— 4% 595 Oct Butterfly Hosiery Co Ltd. 104% 104% 20 100% Jun 106 Feb Canada & Dominion Sugar. 20 108% July 110 110 Jan Canada Malting 163/4 330 13 Jun 17% Sep Canada Packers 240 99% Jun 103% Oct * 11% Jan Jan 10% Acceptance Corp common 8 Jun Canadian Gen 27 Mar 33% Bronze 42 Aug <47% Oct Canadian Industries 5 To Service 1,000 183A • 48% 100 42% 20 20 200 15 Jun 20 Oct 23 23 35% 100 20 Aug 28% Jan 75 30 Mar 35% * Ltd.—* Co Ltd Investments Jun 9 Feb 225 Oct 230 Jun * * common— 133/b Mar 15 Oct Canadian Pr 425 243% Jan 26 200 6% Jan Oct 7% 5To Canadian 10 97 Jan 98 Sep Canadian y5,: 27 27% 490/ 25 Aug 27% Oct Cassidy's 103 2 Catelli 103 6 6 6% 103 125 Oct 4% 120 Jun Jan 83/4 Jan & Paper Inv common—* * * preferred Jun Silk Vickers Claude 33 32% 33% 2,365 29 Jun 36 70% 69% 71% 8,592 44 Jun 713/4 9% 10 2,214 7 Jun 12% Jan 48 49 110 Jan 17% 17 18 1,520 43 Aug 13% May 11% Mar 593/4 .5 18 Oct * A 1 Consolidated . Jan /.Preferred 1 Commercial 80 15% Mar 17% 1,515 19% Mar 23 24 1.85 1.10 al0% a22 80% 24 1.95 1.50 all a22 23 Sep 33% Jan Jun 2.00 Jan — 81 3% 3% 56 11 56 12 40 a2% 40 a2% 20c 20c — — ;— — 82 3% 28 1,515 113 69 10 1.15 2.00 1.10 Oct 9 Jun 11 Jun 24 197/s Jan Oct Jan Jan Feb 300 62 Jun 89 Oct 2,600 3 Aug 4 Apr 66 47 May 56 Oct 10 July 12 Feb 30 Feb 42 Oct 367 26 20 a— a__ — 235 20c 1.00 Sep Sep iQTo — 31 31 120 31 Oct 40 Sep 3 3 3% 600 2 Sep 6 Jan —5 4% 4% 10% 19% 25 4 % Aug 400 73/4 14,082 13% Jun 19% Oct 8% 300 8 July 12% Jan 25 18 .Tan 19 Feb 6 Feb - Ltd 0 — * 18% 8% 8% — * A—50 — 18 ' 18 6% 6% — a30 a30 20 11 9% 11 290 8 Apr '11 Oct Feb 48 Jan 40% Oct 12 12% 75 13 Apr Consolidated Paper Corp Ltd 20 20 20 120 19 Jun 23 Jan Consolidated 27% 27% 326 22% Jun 29 Jan 16% Feb 19% 18 18% 220 11 * 9% 11 25 7% * 7% 50 10% Aug 7% Jan 9% * * 525 V. 7% 200 6 16% 16% "■125 a93 16% 100 9% 7% a93 23% 22 15% Oil 14% Mitchell (Robert) Molson Breweries Ltd * * Montreal Trapiways....___._...100 Morgan (H) & Co Ltd 4%% ;pfd„100 17 Breweries common— * 77a preferred __.__._25 National Drug & Chemical common—5 * 45% 20% Feb 100% Jun 5 21% Feb a22 39% a 40 1,132 42% a43 40 8 8 295 all 5 20% 1,770 20 < , 27 Jun Mar 45% 21% Oct 9,995 40 1013/4 23 Fanny Aircraft Farmer Federal Grain 6%% red preferred ^ Jan Freiman Great Lakes Paper Co Ltd com Manufacturing Motor Ltd Oct Aug Halifax 6 Feb 8 Jan Hayes Steel 0/»t Hotel Jan Co (A Ltd Canada of J) Insurance de 1 class common 10 Sep 13% Jan 13% Jun 20% Jan 7% Jan 10 A * * 5% 5% 200 5 Aug 1.20 1.25 255 60c Apr 38 % 38% 25 I 10 11% 1.585 25 31 Ltd LaSalle "Inc International Nickel 7To 38% Oct 12% July Oct 128 July Oct 120 1.55 120 1.40 120 1.55 2.500 1.25 Jun 25% 24 % 25% 1,520 203/4 Feb 9 ! 13 9 13 25 9 Oct 9 Oct Jun 16 Jan 12% Oct — .y * — 215 9% 12% 12% 123/4 150 * 32 30 % 323/4 800 14 14 50 7% 325 2% 26 8% May * pfd 1.55 Aug 5% May 99 10 Co Products — --100 * Ford 41 23% Inc — 1.20 * Shops class A Fleet 43 Jun Candy Co Sep Jan 16% * —5 Ltd Jan 40 113/, Ltd Products Steel 34 3A Mar 10% May 125 274 16% Fairchild 10 10 16% 10 — Eastern 565 36 Va July * Oct 19% 42 * Oct 33 100 325 Donnacona 15% Feb Feb 31% Mar 29% Mar 40 Dominion Woollens & Worsteds 24 Jun 7% Aug 45 Jan Paper Co Ltd 25 12 Jun 45 — 40 Jan 20 203A * Co Ltd.* 193,4 17 570 Ltd 95 15% Jan Works 39"% 10 10% May all —— Oilcloth & Linoleum 813 33 39% ——.5 Engineering Dominion 14,939 a22 a43 Dominion Oct 17,601 101% 101% -* National Jan 20 32 ' 101% % 24 23% —* 7% 9 July 15% Aug class _i B 44 45% * Limitee Frere & Class 19 20 Montreal Jun Mills — David May Textile preferred (R L) Ltd Crain Feb, 8 14% July 91% July 10' Jan 15- Jan com_„—* Canada 12% * 7% 4% 10% 18% * 5% ,v 20 preferred ^..1 Bakeries of * 17 23 common—• 100 Alcohols com.....* 42. — 1.85 1.10 al0% — ..— see page 17 22 — 22 Oct 93/4 common—* class Adv 2 Ltd——* 1 Co Ltd ;i B —* Co common Products Gen A common., Lumber Westinghouse Limited Neon Class Ltd Westerir Food class Products common Preferred Oct 5 10 15 a99 National Steel Car Corp Jan 100 26 a99 ... 50 6% 7% Canadian Co Feb 225 7 Canadian Locomotive Jan 6% 14% 25% Oct : 23 225 14% Jun common Jun — Light & Power Company.100 Marconi Company 1 273/4 Ltd 12% Mar Jun 9 225 Canadian 86 — 35 — 1.50 * Canadian 'ZZ* II15 — 105 50 common Oct 7% footnotes, 200 10% 22% 48% Jan Jan (John A)— Corp Ltd preferred For 1.50 10 22 48% 56 3/4 .... Jan 1.50 •203/4 *• 4 Oct Apr 1.50 Feb 103 __ 22% Jun B Murphy Paint Jan 16% Ltd Massey-Harris McColl-Frontenac Jan 103 38% 1__———.—* (John) Mailman -4 Jun 2,777 Feb ... .Class May 21,032 1,640 19% MacKinnon Struct Steel common. MacMlllan Export class A . Oct 2 71 47% 83 % common Woods Lang & Sons Ltd 135 125 203/4 90 Utilities Corp Bros Oct 2,585 International Lewis 12 85 Power Public 35 4.725 94 19% 25 160 136 46% pfd____— .100 5% Mar Oct 60 27% preferred Feb Jan * Electric Ltd__ 5,265 I'K 1,350 85 International the Dock Products 46 27% International Nickel of Canada International Paper common..._ International Petroleum Co Ltd.. of Food General —_100 Intercolonial Coal 8% Labatt Limited Canadian ___..____100 preferred 1.15 33/8 47 273/4 Oct 93 203/4 • 25c 135 • -■.AV4% preferred 3,800 3V8 Fairbanks-Morse Co Ltd....* 33% ... Lake Canadian & Canadian 12 30c .—1 Co Ltd— Ltd class B Dredge 32% 33 25c Jan 2% Aug 94 * Ltd Imperial Tobacco of Canada common_5 4% preferred 25 6% preferred _£l Jamaica •J Canadian 45% • 50 Aug 3% * 110 17 2 1 Burnett Ltd 16% 52% 300 100 Company Preferred 103% 103% 14% May 2% Oct 1,090 503/4 May 2% __ 17% Jan a97 1 Sep May 11 July 16 170 Mar 8 30 Jan 17% 1,100 160 100 6a a97 a52 23 9 16 16 17% 163/4 T70 9 16 12 % 17% a52 170 9 Apr Pulp & Paper pfd_100 16% Jun Jun common.— 16 % 33/4 10 Brown • 50 13 British Columbia 1927___50 5% 50 Sep • Jan 5% 5%. Feb 6% Jan uOO Jan 100 Jan 12% Oct 1,469 15 3/4 Jan 18 Sep 3% 12 30 104% Aug 73/a 50 16 Jun Jan 450 1,660 6% Jan 17% 15 7% a3% 15 7% 16 __ • Mar 6% 13% 98% 14 15 Aug 11% 19 28% 7 15% 24 Apr __ High Low 50 12 340 Apr __ 8 16 540 July Range Since January 1 fligh a3% __ 73/4 * i.« 30 16 8 Columbia Packers Ltd class A—9 15% 97 Low 8 Brewers & Distillers of Vancouver Ltd_5 Brit 24% 10; Shares 30c 29% 15% for Week * Brand 233/4 100 ; Bridge International * — 30 100 Smith Paper common preferred Hudson Bay Mining & Smelting conv 20 233/4 100 . $2 5% .—100 • • ; Howard 5% pfd preferred 1—— Bickle-Seagraves Ltd 5To • Canada pfd inc Gypsum Lime & Alabastine Indust 77c 170 5%% preferred General Steel Wares common 5% preferred Oil * Jan preferred Imperial class B Co July 169% 90 Gatineau Power common..——* Hamilton * 88 common Goodyear Paper B__ class 165 — Foundation 5% & Pr Class B 4%% 5 • Products 10 a 100 Corp Co • Ltd Atlas Auto 12 Par Anglo-Nfld Develbpment Co Ltd.; 22 Bale* Range of Prices ~ Works Ltd Glove 26% Mar Aug Week's Last Sale Prioe 193/4 Aug Apr 10% Sep , Funds Friday STOCKS— 25 170 Oct 373/4 *90 a Oct 38 al70 pfd Oct " 27 1 4%% Apr 100% Muitreal Curb Market 21 145 * Feb 31 80 21% Kootenay Power Eddy Paper Co class A preferred (T 2,706 22 21 East Estabrooks 17% 22 ; Paper Paper Electrolux 125 21 common Donnacona Dryden 35% —23'/a preferred v 32 Oct Glass 7% 4,339 27 ... Oct 45 Dominion Steel 1 „.10 4 Feb 25 & Jan 37 27 '65 48 — Scotia Oct 19 39% preferred 16% 47 Oct 40 19% 39% Coal 885 . Oct • Foundries Oct Oct 28 Jan • Dominion Jan Jan 33% Jan Jun Dominion Dominion 7% 24% 10 .Apr 21% 7% Distillers Seagrams Bridge 24 Jan 8?a Jun 5% a28% a28% -10 Jan 24% 9 5% 2,732 8% Feb 170 Jun 158 65 7% Oct 16% 13 % Aug 32 170 8% 75 Feb 9 13% 100% 103% 25 170 6% •7% ——10 —. Toronto 11% 36 class 13% * Royal Crown Cork & Seal Co Ltd 14 Sep Oct 91 Jun 10 29 15% 21% • _—— 80 90% 78 % Mar 390 —25 Montreal 28 102% 935 91 —♦ common common. Imperial 14% 5 90% 89% * Commerce 113/4 •9 * 89 91 • Canadienne Oct Jun 16 % 90 9% Banks— 8J/e 285 20 * Worts.."—. preferred 25% 10% Oct —100 Limited 335 10 20 Jun 8% —— & preferred 1,035 3 Sep Jun 5 100 common Winnipeg Electric 15% —20 Consolidated Mining & Smelting Consumers Glass Co Oct Oct 10 28% 25 Cockshutt Plow Leather 24% 39% 10% To • -• Canadian Pacific Railway Davis Jun 26% —* Cardy Corp class A Jun 19 25% 26% "* * Locomotive com 13 34% July 10 25 B Canadian Oil Companies -'Jan 20% 17 • 10 pfd Canadian Ind Alcohol class A—_ Canadian 17 Feb 790 3,100 —9 —• Wilsils Ltd 14% Jun .* B preferred common 605 20 ... preferred —i Series Biscuit 6,850 25 —— $1.75 7 7o Corp 24 9% 17 20 8% -ur_— Steel 105 • Canadian Celanese common..... Tobacco City 23% Jun 105 19 -* 105 18% 20 7% • ; 23% v 105 20 7% 25 common 1 Wabasso Cotton 968 ' 100 Canadian Car & Foundry common Class A Canada 96% 1,271 ' common— 23% 24 —• 5% preferred $1 34 * • • Power Thrift Stores Ltd ' 5 i« of preferred 5 14% 34 77c 59 10% 10 a98 % a98 % 14% Oct Co— — 5 — * 30% Oct 32% Oct 14 6% Aug ■>. Jan Jan Oct 15% Sep 7% Feb - Volume 170 Number 4851 FINANCIAL & COMMERCIAL THE LISTED CANADIAN RANGE FOR WEEK ENDED VFriday 'fr£V-VfcTOCKS» : Week's Last Par International Paints Journal Publishing Lambert Loblaw (Can) class A—— Co Ltd class -x& • * Ltd^GVi'/o Maxwell Ltd —— Melchers Mica Distilleries Canada ot Minnesota Moore & Corporation Mount Royal Scotia 6'r b% Lt Lt & & Pr Co Co (Canl Union V- Class United 23 /a Aug I 17% 17% 200 60 all0% all0% - 5% 5 — a26 a26 8 15% 15% 16 100 109% U0 80 53' 53 53 22 % 22 % 12 16% 10% 10% 117 43c 43c 44c 12% 200. 15c 20c 1,600 13% 13% 175 — • A * : * B—— * 327/8 » ^32% 32% a25 a25 23%: — 13 % ./ 31c 40c 51c 53c 5,000 28c 26c 29c 19,000 5%c 7c 8,500 - 4c, ; Cadillac 39c Jan 1%C. 1J'4C o^aC^i« 3 %c iir Jan 7c Mar * ° Feb Ming Co Malartia) Mines 1.02 Ltd — Lake Labrador Mines Ltd Mines Wasa Lingsid* Gold Co _28,000 42c Louvicourt 5c Ltd 2%c 500 2c Oct 2%c — 5%c 1,000 1.95 1,000 6c - 11% Mines Norseman Mines Gold Cadallic Standard Gold Steep Rock Sullivan Cons Sylvanite * 2.80 1 72c 3.25 ; v? 1-50 1.50 100 5c 5c 1,500 4c 19c 22c 17,600 17c 3c 3c 1.^500 2c July 2c 2'Ac 35,500 --.-4 Ac.May L45 Oct 1 30%c 1. 2.68 Mar p 56c .-1 15c 1 , .2,000 3,105 35c 72c 76c 60c 10%c 15c ? , P t Jan - > Light 3.65 -1 3.65 800 lie 1,000 1,500 9c 4 75 27c 2,500 8.25 22,32o 42c „ 4%« 43c 4,000 4%c 6c 34,000 50C Ventures"Ltd;ii::;;i—-II 1.43 1.42 J-22- I:" Ml Oil Omnitrans Parific Oils Ltd 13'/. Petroleums 15c 15,100 5.00 18c 14% May Sep July 43% Feb Jan .Vv May 9.15 Oct 36c Sep 3%c May *;.' 16c Jan 46 54 Sep Jun 25c 10%c May ^ 31,238 11c May 76c Oct 11,000 8c May 22c Sep 3c • 25c 3c 1,000 2c Jun 5%c Jan 30c 8,412 25c Sep 45c 10 10% 1,002 10% Apr Sep 1.25 Jan 25c 30c 16,820 9 9 25 26% 10 com-" 19% 19 19% 9,810 8.25 Mar 25c 8'/2 Oct Feb 9% 25 Feb 26'% Sep 17% Jun 21% Sep Sep 15 16% 1,330 2,000 4,600 22 Mar 26 26% 4,095 24 July 90% 90 y2 145 86 July 90% Oct 100% 101%; 120 97 May 101% Jan Aug 3 Jan pfd Products. 2% 2% 1,975 3c 2% 7%c May Jun 26% 26% class A_. 10% 6'/2 800 class A— 27% 28% 1,134 25 Jun 28% 3% 525 2 Jun 3% 23%c27%C 63,000 18c May 38,538 30c Jun 55c 51c 56c 15% 385 37c 63c Oct Sep Feb Oct 17 Jan 10c.'. Jun 25c Sep 2.15 2,900 1.60 Jun %c 6.000 8c Jun 8,900 5c 14 y2 13% -14% 27 27 .2,070 %.... 45 27 3.05 Jan 20c Feb May 9%c Jan May 35% Sep 12% July 14% Oct 24 Aug 29% Jan 12 y2 Jun 17% Feb 6% Jun 8% Jan • 16% 125 7% 7% 30 32 32 25 6.95 8.25 58,421 29% July 3.75 Jun 5 VbC 6%c 26,955 4%c Jun 30c Aug 9%c Aug 54c Jan Jan 3.75 Mar 16 y2. - preferred— & Edmonton Flin July 14% July 2.00 A Flon 41c Calmont Oils 32 Oct 8.25 Oct 44c 12,400 3.05 3.35 5,100 3 3 100 103 103 103 no 84 Aug 103 Oct 34 30% 35 3,939 22 Jun 35 Oct Feb Campbell Red Lake — preferred Cement common —._. 2% July 3% Sep 29 29% 125 27 Jun 30 10% 11 320 10 Aug 11 Oct 48 48 49 490 43 -Jun 50 Jan 11 Sep 29 class 2.70 11 Preferred A—— Northern Canada Canada Class Jan 5.30 Jan Jug J 36/« n^t 8.25 Oct 43c May 12c Jan 3,300 89V4C Feb ?2c lep Permanent Jan 13% 8c Jun 14c 700 1.20 / 5%c 5%c 6c 7,500 3%c Jun 3.45 3.15 3.55 16,425 2.10 rCD 16Kc 130 20% 3,680 195 195 37 14 193 34 34% 175 33% Jun 37% 30 30 90 24% Jan 31 Aug 8 Jun 100 common Cable class B 29 Jun Jun 14% July 187% Mar 12 Jun 34 20% 195 15 % Oct Oct Oct Sep Sep 7% 7% 145 5% 25% 25 25% 2.745 22% Feb 25% Oct 24 23% 24 4,953 19 Jun 24 Oct 20 7 % Apr ■ Canadian Canners preferred Conv ——— 201/4 22% 20 . 20% 2,750 13% Jan 21 Oct 22% 23 595 22i/4 Oct 25 Mar 20 20% 552 13% Jun 20 % 11% common. preferred 12% 725 9% Oct Feb * & Canadian Bank of Commerce- Jan 2.04 8% 34 19% 34 Wire Canadian Breweries Jan 10c 14,425 11.000 8.50 10c 2.00 Mortgage Preferred 1st —' 165 33% 14 A 10% 34 Power class Canadian Bakeries i^oct 10 '/2 10 % 20 Packers B Canada SS Lines Canada -C 2.O0May 1;ISS — — — - Ltd page 42. * — A ^ 7c 31,000 500 9,/!S,"fJun 10 Ac Jun Car common 15% Class A 15 15% 440 24% 23 3 4 24% 1,985 39% 39% 55 23 23 75 21% 23% 550 « ep AA 16'/;cn%c ll'Acll.^c Canadian 25c22cAprJan Canadian Celanese Preferred New preferred Canadian common— —--—-—»— Dredge — 23 * Jan 7 200 9 % c 10 '■— : class 13 Jun 5% May 69,300 475 Co Oct 17 34 B 10 Oct 21c 24%c 24c — — 12 % 33% & Oct 3%c 26% 33% Class 16% 3%c 25% Building Products Burlington Steel Burns 13% July 3%c 26% 6c 4 '/2 % Sen Sep 2.00 — . May 64c 17c 28c 28c 2.00 Malting SS 'SS 10c 14c .5c Foils Jun 4%c Oct Feb 12 38% 1 1.06 May Jan • Ltd Ltd--— see 12% 30c Jhn Ju!ly Jan 6 60c 23 %c Canada Eread common • oritd footnotes 12% 3 85 Jan 23 15 %c 15% 1st „„„--90c Ltd— Exploration Brazeau For • Co - Petroleums Pan Wesurn South Ltd Co Oils l.'so?: 2 90 20c 65c jun 3% July 14 %c A jUn 2,000 GccnS r,01eums Ltd common-—: Pocalta 6,000 Jun 17% 100 26% 1 .. British Dominion Oil & Dev Corp—26c Calgary & Edmonton Corp Ltd— * ~ 7.20 7.00 20c 920 5y2 5%c Canada 4.40 17,500 22% 26% Oil class Oil Stocks— 4.60 30c 22 Lake Canada 9c 36c . Sep 26c 15% Packers Canadian Canada 4 75 4 75 ,^t 65c 5'/2 " common-— Forest Linen J-90Au 8 Ac Jun 9,100 3% 2.55 Oct 73c 1.25 May 9c ,11c 3.65 Oct 70c 6 Canada 9c - 39% 68c — 1-34 May Aug Oct Jan 101 Caldwell 206,400 Be 38 35 y2 26'% Burrard 2.25 Oct 74c ^ 34 y2 July 1,911 61c * — & Pwr Electric Red ^ « = /; 1,770 68c 15 Vz c — Oil Oct 7c lKV,c AJr-i-s 38 39% 28c Ankerlte Buffalo Sep 1-35 JUn Jan IfW 51c 7HAC New A— Lake Buffalo Jan M|y 37 38'A 22% t>rouian Porcupine Bruck Mills class A 98c 1-30 54c Home Oct 38 Distillers Dominion 42c 1.35 1 Okalta Jan 28 % 1 common Columbia Power M^r 5.100 n'StaOiSltd0 Jan 11c Jun 18c 25 Columbia 4JC.J.U" 6,100 Gaspe OH 27c Jun 25 preferred May 7o,025 1 Jun 4V2c —j.—1 class Columbia Callinan 2.55 1 British Calgary 2.25 • 14c 5,400 2,355 I'l* Cordage & Oct 1.90 11,500 . 3,200 7c 28 % ———--* Brazilian Traction SeD 2.23 Feb 27 1 Millen & 53c 2.50 5% Oct Feb ey-c 1 — — don .2.05 "-*3% 5% 17 %c 50 Mines Buffadison Gold 8c oc 1 " 27 60 20c 14,500 Jun 18c 10,712 25c 27,436 1.81 100 53 Gold Corp preferred—— Buffalo 67c / „1-25 2,500 50c 1-30 3% 5%c 35c - 1 -i Feb 53 British Miu «Va il l iH.™ 30%c ; Ltd-——_* 10 3.00 6%c Class B 2.50 Sep L 1 2ch, 20 53c 5% J my 5%c Class B 1 Jun 1.08 May 12c 2.40 52c 50 5y8c British .* -if Oct 6 % 1 Kirkland Ribbon British Columbia Jan 3. Jun 3c 2.49; 8 4,600 British 232 Jan Jlc 132 Jun 900 6,100 19c —1 May 1,000 Brewers 1.17 Sep Apr 5,000 9c 7 10c • . Jan ^ 13 Jun 11c 18% 100 27c Preferred J5c Jan l-OO^Jun 18c 2.15 __ 8 9.15 Brand 6/2C Jan 8.50 Jun 400 2.67;. 2.80 — Oct 27c Lrantford Oct 70c Jan 2.00 i 5 Sep • 2.12 Jan 51 9%c — 210 8.50 Bralorne Mines Apr 48c Jun 11c * 3,316 5V'4 27c Boycon Pershing 16% , 19c_May 2.15 1/ Ltd— Sep Jan ' Sep 3.90 8.50 3%c 300 Co Feb 4.10 103 12% Sep 2,900 1 Oct 10c Oil 38c : 7% 18c 1 48c 1.23 Homestead Jun May * Gold 500 1.19 Cons 104% 635 Jan 3,750 Ltd Sep 10,970 11% 9%c Oils 10 13% 550 1.20; Calmont Jgn 103% 103% 42% Boymar P p . 1 11 %c 42 48c 26c • 25c Jun 13% 15% 1.35 Anglo-Canadian Oil Co Ltd Jun 6c 42 48c a85c 1 8c 4,500 13% 14% — ——-1 4,025 * 4%% 23c — 3,195 0 Bordulac . • Oct Oct 8 Bevcourt 9%c Feb 2 May 1.05 Oct Apr 12c 25 6.25 3p ' 7%c • A : Jun /»c 13% 18c May May 11c 10 class 2.85 2.500 10% May 6%c 10 —__L_ 2,950 26c 7% 56c 1 Mining,. 7c 1.35 — 1 Ltd— 50c * Power B 5.30 a85c 1 _1 Minerals Metals Red 5,250 Mines 49,900 Sep Oct 10 : American 9%C. Mines 1.05 93c 15c 6% Ltd British 1 Ashley Co Brewis 13 Mines-Ltd—„—l Wiltsey-Coghlan 9c A Scotia 1,67, Bep 1 Western 300 17,600 Oct Jan 5 Toronto Feb Trebor Upper Canada Nova of 1.35 11% Ltd of 1,100 Torbrit. Mines Ltd Mines 13% Oct May 1 1.42 12% 0 United Asbestos Corp Ltd 13 10c ll%c 13% 10 %c -100 — Montreal 1.35 25 Ltd— 50c -10 Consolidated of bep 3,700 Ltd.-^--—l * Mines Gold 5,800 ' 30c ■ 3% Oct a67 Ltd— 55c B 19% a67 Mines 52c 75 1 class 60c — Ltd —5 Mines Ltd Iron 53c Jun 8 Fabric Oct 3.25 Ltd 8c Preferred .1 Ltd——— 4,100 7% 3.70 Jun Feb 2.95 (19441 10c common 14% 3.15 Mines 10c Gold Electric 40c — Mines Jan 60 Jun 15c 26c 17,500 Sherritt-Gordon Mines Ltd 8c Gold 3,400 15,800 Ltd 12,000 1 Wiborg preferred 4,500 18c Mines 20c 7% 1,400 48c Jan 5V4 .—1 18 43c — A_ Mines 7C — Aug 23c 30 97c 40c 3%c Ltd class (1937) 55c 15%c -i..— Hardware Mines 40c — 15c 72 Belleterre Quebec 10 1 2. Oct 3c& Jun . jun 1,160 1 Jan May 18,500 7% 18c Corp 7%c 5c 5,000 17c 7 '/a 10c Metals Jan Aug 10c 10c 14 %c — Jan 70c May 77/s Steels Blue 3c Feb 16 %c — Bidgood 22 %c 72 Gold & 5.30 10% .• common- 17% — Ltd— 9c -3,000 Jun 8.65 Mar .1 Corp E-eatty Bros Bell Telephone 5%c Oct 16c Ltd July May 5%c Oct 1 Porcupine Mines 55c Quemont Mining Corp Ltd-l-——19% Santiago Min^s Ltd 50c 10c Stadacona 5c 4.50 Labr^or Develop Co Ltd 1 Quebec Manganese Mines Ud —1 Quebec Ycllowkpife Gold 'Mines Ltd-l Sladen-Malactic 4c 1,000 48c Gold Mines 4%c 20,800 • 2.85 « 23c - Quebec Gold 30c Bobjo 8.75 9%c Feb 1 : Siscoe 26c Bonetal Gold -?; ■ 7c 1.93 1,000 1 Mines Silver Miller Mines ^ 1 Ltd Porcupine "Pandora Mines— Rouyn Class Sep, 500 — 1 Ltd—.— Mines 974 Bathurst 4.9!5 7 14c 1,420 „ 1 Mines Calumet Jan 32,700 39,165 9.35 Base i Sep 5%c5'%c — 17% New Goldvqe Mines Ltd Normetal Mining Corp Ltd- O'Brien 6c .- 15c 15c Ltd Dredgihg 68c 40c 4.70 9.00 Barymin Oca 11 % 10% - 40c 1.85 May 1.65 dun 5,000 9V2C 1.93 Ltd- Cons Pamour 5c 9!/2C — 1 Mining Corp of Canada LtdNew -i 1 Macdonald Mines Ltd.— Malartic Gold Fields Ltd Mclntyre-Porcupine Jun 31c 4.35 i Oil— Bank 3.05 Sep May Ltd— Corp Goldfields 16c Lead Canadian Bank 25c Feb 16 Ac Jan Jun 2,500 _1 — 22 90 A Jun 11c 1 Ltd— Mines 6c 54c Mining Co Ltd- .l Mining 2n * Jun 4.95 & Explor Co Ltd_-..l (1945) Mines Ltd—-1 Shore Lake ■l 2.60 39c 16c 9c 5 Ltd— Mines Lake , 15% Jan May 200 9'Ac Mining Laxe Rowan Nechi 2,000 13,000 45c _1 Mines Gold 5,600 16c 2.55 17 %c Oct Bankfield 7Vic Api 32C P May 4.15 1 Mines Ltd- Inspiration Mining & Dev Joliet-Quebec Mines Ltd Kirkland 65c 16c " Gold 20% 56c — 1 Kerr-Addison 10c 500 51c 1 Mines Lt,d___. Gold • |ep ®0P' 88c 4.95 Ltd Lake 25c 20% — 1 Mines Indian , 3t4c Mar 1 Goldora Mines Ltd Gold 13 Oct 1 Ltd— Francoeur Cons 76,100 9>Ac Sep -1 Jan Bank 4>Ac Jun 2,700 56,425 Ltd_-_ Hollinger 6,800 7c 25c — Ltd,^—^_—l Mines Hudson-Rand Gold 1.03 5c — 1 Formaque G&ld Gold 3%C 65c —* Mines:*Ltd_lSi- Manitou 1 47 6,600 25c Oct 230 Bagamac Mines s Jutyf May 5c M 5c . Gold Mines Ltd.—a Golden 3,800 5%c 7c 1 (1945) .1,000 1.68 5c 1.03 1 Mines'Ltd Sullivan, Mines 3,000 1-65 — East 12,700 5c 5c — Ltd-1 _ Ltd East 8%c 5c ^%__1 Mines Jan 5c — Jan 26% 26% 20c Class f Mai 1 bl% 26 Class A qv,CMav 9%c May July .Jun Co Ltd Mines 4c 3c Ltd—_1 Jun 25% May 26% Jun Auto 5c Mines Ltd—;; Donalda Mines Ltd Fontana Jun 5c — 40% .25 Apr 9c Auto t Sep 65c 6,500 — Mines Duquesne Gold 20 %c - 45,500 Dome Sol aOofc 53,000 1 Explorations Ltd Eldona 'J® ; -4c 1 705 85c 9,500 Ault 17c 7c Oct 54% Jun 11c 12 %c Tan 13c 8c 13% 53% — Aubelle 50 Feb 4c — 55c 12% Oct 41c Atlas Feb 15c 1 1,500 1,915 Pfd. Atlas Yellowknife pPh 21 8%c 1 70c 13% Yellowknife Ashdown --- 21 15c Ltd 66c 53% Atlantic Oil 13c Ltd Cheskirk Mines Ltd Chesterville Mines Ltd El 50c Feb J&n 27c Athona 1 Centremaque Gold Mines Century Mining Corp Ltd / »--■ H%c Oct 8c 9% Jun Sep Armistice /a 12 % May 71,400 -- 7% Jun Aumaque 40c 5c 12% __ ' • ' 12c Arjon May —1 Cartier-Malartic Gold Mines Gold 3 » 1,1 — Candego-Mines Ltd Duvay Gold . 245 25c Argus 15% Au q1 y 35% 500 104 ! 13% Mar 65c • Jan 10:. Sep ... 5c 8% July ■■" Sep'. 1 10,000 Ascott a— 25 13'/a 46c 32 A OCt 240 13% Oct 99 79,000 Area get 1 Jan ; 245 41c Aquarius Jan 9 104 Preferred 10% Jun 15c Jan 18c Aunor £w» Bouzan Gold Mines Ltd Dulama 50 , Metals Cournor Mining 140 Jan 1 20® 10 48 * 24 July 18 8 55 10 , 16 Oct Jun 9% Aug 5 a25 Feb Oct 41c 1 — Canada 25 39c Anglo Jun 108 of Jun 5c common—. ——— Oct 19% 5c ■ Anglo-Huronian M 12% 4.279, 1.2'A • ,111 ; 12. 207 Ltd Corp Consol Central Apr 100 115 103 Oct 420 Apex Consol Resources 104 15 23% * 20% 16 %c Anglo Jun Jan 775 • „* Lead Mines consolidated 17'% 23% High 20% Jun Nepheline Anacon 26 % 16% 23% Low 9% May 16 r American Sep 20 A 4 17% 112 Jun 10 4,683 8% new Co Ja Jun 45o 12 al6% al6% 20% ——fL— Ltd Aluminum Jun 51 20% American 20% 15 25 — Oct 26% ; 15,617 20% Amalgamated Larder Apr 4 20% Range Since Jannary I High 19% Yellow Knife—— Aluminium 74% 110% Mar 25 ,a 117 Ltd Stocks— 16% LOW ^^^.-_L-—100 Algoma Steel % Mar 65 4 100 — Akaitcho 15/fe May 20% • pfd_ class Jun 20% — 0 Co /» 17% 1st Corporations class' Cortez 2,210 . 8% Mir Mining Corp Ltd —* Eob's Lake Gold Mines Ltd——1 Eouscadillac Gold Mines T&d 1 - 16% 50c 125 ~ . 1.25 Sep 1,181 335 Secies Ltd —_—100 Westeel Products Ltd.— Windsor Hotel Ltd -ZZZ s.*• Base Feb all 1.20 15% —20 Canada Metals May all United Ascot 11 ° ™ 98% 0c / ; .. Shares 20 y4 A—: Gas & Oil Agnew-Surpass Jan Aug ;.J for Week -.L———.—20 Acme 6 92 1.00 ; -i . Sale* Range ef Prices s* Paper common ■Preferred, / .. & — 1 . Power $1.50 preferred Acadia-Atlantic class j n Jan 100 ',43 13 common—- ts% B ^Anacon ,,, 9% — 'Amusement#Corp )<['■.Mining 7% 98% 74% preferred.._20 pr Invest of 315 10% Canada Gas 27,4 9 Standard Paving & Materials Ltd-—" Transvision-Television (Can) Ltd 2" United 25V2 74 bangamo Co Ltd Southmont Feb — 5% preferred Russell Industries Ltd ooumern a 97 Abitibl ,, 17 7% Jan 11 Week's Last Bale Frio* Par May 125. * Ltd 8 Exchange Findi Friday STOCKS—?- Oct Oct 16% 32 50 9 pfdilOO 6% N C part 2nd preferred—50' Quebec Pulp & Paper 7% red pfd—100 Reitmaiis ,95 , 10 Ltd Corp of Canada 6% 10 Jan .12 Jun ioVa 74% Orange Crush Ltd Power 3b OanadUa i:2.7 /4 May - * 100 Manufacturing 7% S^res Ltd 450 18 /% 15% common...' Paul Service 70 9% It 7% JUn _* , preferred Paton A 5 ——- Pr 32 14% ? 36 -- 10 Ltd Oct 10 98% pfd—10 Paper Co Rice Mills Ltd— Newfoundland Nova Ltd Oct 13 .: 57b 25% pfdJ_——100 Ltd Ontario 6 125 12 18% * —„ McColi-Frontenac Oil 4% 125 18% pfd__20 conv Toronto Stock High 13% -14 — Maritime Teleg & Tel Co common—10 Massey-Harris 32 . —, Maple Leaf Milling Co Ltd-——_—* Low 6% 10% — MARKETS Range Since Jannary 1 High 6 <:■$ A—1* liuwney Co ^ia (Walter m, MacLaren Power & Paper Co Shares 13 Co of Ottawa Ltd-* Inc.. 1 (Alfred) Groceterias 39 OCTOBER 28 for Week Low (1731) Sales Range of Prices Sale Price CHRONICLE Jun 14% Jan 13 Jun 17 Jan 19 Jun 24% Oct 35 Jun 39 % Oct 20 Aug 18% Jun - - THE (1732) 40" COMMERCIAL & Canadian ? V 6 6 • Food Products common Canadian A --lOu - - Class Alca "A" Ihaua B voting voting - Locomotive Canadian Oils Canadian 10 Canadian Tire class A ■ Jan Giandoro 210 245 Jan 910 8% 8% 11% Jun 225 Oct 'uc 2,050 15 15 % lb A 30 30 100 55c 12% .. , 141 35 -- Great Great Gulf 1 52c 50c 1 8%c 21c 16V2 Oct Gypsum 2b 9/4 9 9A 360 7% Sep 9% Feb Halliwell Gold 1.45 1.35 1.45 2,300 1.05 Sep 1.50 Jan Hamilton Bridge 1.90 4,500 1.40 Jun 1.95 Sep Hara 1-25 97c 17c 19 ,2c 7%c 9c 28 28 45,750 56c May 1.65 Jan Harding 12,450 65c May 1.45 Jan Harricana 1 1.81 1-86 1.10 94c 1.24 1 94c 1 18c 8c 20 — 1 ___ common 55 %c nheslcirk Mines 1 5c 4%c Chesterville Mines 1 1.68 1.60 Chimo Gold ________ A— 32c July 3%c July 13 %c Jan Hasaga 28% Oct Headway Red Lake 41c 98c 14c 16,725 68,329 1 ~ 16c 16c 2'/2c lOc 13,050 12,350 Jan Hedley Feb Hendershot 25c May Sep Mascot 2.90 2.72 Cockshutt Plow * 14% 13% 15 Gold neva Colomac 1 4Vic 5Vic 7,100 Willans Cocheuour Yellowknife Coniaurum Mines • Consolidated Ansley ' onsondatea 10c 0 10% Mjties 60c Consolidated Beattie Mines 2 Consolidated Central Cadillac i 10% 1 8c Aug Sep Hcllinger Sep Homer 1.25 Aug 11% Sep Howey Gold Jun 1.00 Sep Hudson Bay 4c Sep Jan Hugh Consolidated Lebel 1.02 1.00 1.10 33,456 42c 18c 5%c 73,600 4%c Oct 1 5c July 31c 33c 253,802 103 101 103% 6 6% 1,893 81 6% 190 6 100 Consumers Gas 33c 5 * Oro Consolidated Mining & Smelting Press class A. Conaoliadted 159 158 160 206 33c 123 Mines Smith Conwest Exploration Craig • Imperial Mills • Bit preferred Cresi&urum Croinor 10 Mines Trust Crow's Nest 15% 3% 8% 19c 3,000 50c 65c 100 114 114 114 14 100 ______ 50 50 50% Crowshore Patricia 1 L»*»tagou Mines Davies Petroleum Davis I Leather class Class ; _ __ A 17c 23% 114 Oils Ltd____ 13%q 14%c Delnite Mines Oetta Red 1 __ Lake Dexter Red Discyvery „ : Lake 1.74 *l-> 6V2c _1 % Yellowknife. Seagrams Distillers _ j- ^.1 _________ 1.65 28c 29c 19% 30c L Dominion Bank Dominion 20% Electrohome Dominion > ____1 10 — Foundry & Steel 1 29 Dominion Magnesium • — Dominion Scottish Invest Dominion Steel Coal & Dominion Stores Dominion common- class B Ounalda Industrial' Jan Inglis Sep 117 v 52 | common 30% (John) 5c 5c 5%c 28 28 28 Co_____— & 7% 7% 14c 40c Mines Feb , I Jacknife t Jack Aug 23% Oct Jan Juu 33c East Malartic Mines__; East Sullivan Mines Eastern Joliet Kelore 20c Jun 19% Aug | 33c ..14% Jun Quebec Mines___ Easy Washing Machine new Kenville -14c 17c 28,500 -"7c 8c 13c 10,000 1,500 8c 60 8c 5%c 18c l ; 52c Feb 28 Oct Kirkland-Hudson 2% Apr 22% Apr Jun 29 Oct Labatt (John) Jun 14% Jan Labrador Mining & Exploratlon_ 3% JUn 3% 5 Sep Jan Lake Lake Laguerre 17% 13%' Jun Empire Brass class Eureka 4%c 65c 65c Ltd Gold Dufault 16c 13,300 15c Jun Feb 10c 23,500 So C Jun rim^Jan 10 13% Jan 92c Sep 10c 10%c 7,500 7c Jun 6c 6%c 2,500 5c July 22c 24c 8.100 19c Oct 16c Sep I0%c Jan Jun 38c Jan 2.60 2.43 2.66 64,730 1.83 May 3.25 Sep 4.90 4.15 4.95 210,315 1.62 Jun 4.95 Oct 5% 5% 150 6 6 55 4Vi Aug 7% Feb 5 6 Oct July Fibre Franeoeur Fraser Freiman Problsher 45c 54 %c 278,175 41c Jun 82c Sep 12c 7,500 10c Oct 25c July 9c 10%c 1.000 4c Jun 15c 19% Sep 21% Sep 74c Sep 4.45 3.10 Jun 15 % 15% 550 17% Jun 38 40% 920 30% Aug 10 ll'/a 3,720 120 122 40 6c 6c 3.650 common class __ 1.55 • • 26 • - __ Ji preferred.. 44c 6c ■» A 20% __ 1 2.25 4.55 5,605 27c 3,350 May >7 4.70 Jan 40% Oct May 12'A Oct 98% July 129 > Oct 12c Sep 5 4c May 8% 25 8% Oct 1,000 1.30 Sep 24 % 26 3,301 gc 9c 4,500 97% 97% 15 2.05 90 2.30 Oct 16 1.55 90 • 46c 30 8% _100 Exploration 21 1.50 __ __ 5% Power 20% 7c 10 2% Jun 26 May 5%% preferred General Petroleum __ 86 6,700 Class A 171/, 13 91 Sep 1.75 738 106 105 103 195 110 HOI 110 70 * Jun General 4c 4c 4c Steel 1.15 class A___ 23% • Sep 83c 79c 85c Oct -23C v Jan • - > I3C * Feb 10c/-; Jan Jan 956 La Luz 2'Ac 3c 5,000 35c 38c 7,150 7%c 1,500 f. Mines X 143A 14% 15% 5,940 Mining 1 47c 50c 2.55 2.60 6.75 7.10 • . 4 1 Larder "U" Mines Sep 1.45 Jan 5V2c May 30c Jan 12c Feb Jan :,t;. 17 34c - 64c Jan 10% 910 Jun 6c Jan Sep Sep 1,300 2.85 Aug 5f80 Mar 18 100 16% Mar 6c 2,000 4c 4'/BC 15% 16 % 62C 68c 1.20 1.17 1.20 5c : 435 68c 12,800 10,200 • "60c 2.00 Jun 5c - 4c • i Long ' .1 9,000 . class B 7%c 7.30 19 12c Oct Sep May Jan *6%c Aug 2%cJ'ilv 13 Jun 16% Oct 53c Jun 86c Jan 95c 16,700 62c 65c 11,570 • A 5c 63c 32 31% 32 520 31 % 31% 230 9% 9% 125 ■ 31 — Hosiery Mills class A * 9% 1 Goidfieias i-uuvicouri ':Jt • Lac Groceterias Class 6'Ac May ' Gold London Jun May 2'Ac Oct - 14,750 • 16% ___3 Lexindin Gold Little Jan 18 6c _• :—: Leduc-West Leitch 7.10 ••" * Record Jan 6.50 2%c 6%c Lamaque Gold Lang & Sons Sep 23 % 65c ——' Mines 1.85 Aug ' ^ Laura 1.19 Jun Apr 2.85 May 19 16 %c 1.31 12c Sep Feb 5c May 1.08 27 Jun 32% Oct 27% A Oct 55c > Jun 32 Sep 11% Feb 9'% Aug 2.90 Lynx Yellowknife Macassa • Jan '15c 18%C 5,200 8c Jun 45c Jan 12c 14 V2c 2,200 8c Jun 17c Mines Sep 1.90 Jun ^laciiotiald __1 Red Macho 1 River Lake July Feb Jan Sep Jan 18 Sep 106% May 110% May Jun 108% July 2% 2% 1.02 100 82c Sep 1.05 1.20 4,450 78c Sep 300 1 o5 Jan 2.75 Oct 1.02 Oct 1.20 Oct 23% ? 22% 23% 125 16% Mar. 2.85 10,145 48c 42c 48c 20,275 6c 5%C 6c 9,300 74c Jan Jun 13 %c Jan Oct 34c Jan 19c 1.46 1.55 30,387 77c Jun 9% 9% 739 8 Jun 7'%: 7% 7% 1,110 6 Jun 1 Lake Gold Mines 12 %c 9% * Maosen Red 19c 1.50 3.50 32,640 3.20 3.10 20c 21c 4,700 1 3.20 2.76 3.25 82,100 * 2 %c 2'Ac 2<%c 3,000 100 101 101 _* 9% 10 __1 Consol 4c 4c 1 Fields Gold 12 %c 4,000 ~ Sep May 5c ^._1 Mines 3.10 . 21c . * Gold Export class A Class B Maiartic 2.70 _1 MacL^nc-Cockshutt MacMillan Magnet 2.80 __1 Mines Macfie ■ 1.85 10 7% Jan 2.40 16c 3.70 Jun 2.02 2c 30c Jan Manitoba Eastern & Manitoba Aug Sugar preferred Maple Leaf Milling Maralgo Mines Martin-McNcely Massey-Harrls ! 1 Oct McBrine 3.25 Sep Jan Oct Sep Jan Sep preferred Grain class McColl-Frontenac * Red : 5 Lake 7C 3c Aug 7c Oct 15% 6,500 Jun 23% Oct Feb 27 % 950 July 27% 17% 75 17% Apr 17% 100 6% Aug 14% Jan 7 'A - ' Feb 23 12,318 •£ 15'A Feb Aug 10% Jun 93 98 25 90 % Jun 66 67 % 1,935 7 50% Jan 64c 68c 6,475 30c Jun 71c Oct 3%c 1,000 3%c Oct 12c Apr 8c May > __ 1 Gold 5%c 3%c 100 McKenzie .11 'A Jun 26 15 Aug May 17% 7- common 8 3%c 22,657 B___ Porcupine 102 94 % Mar ' 23% 26 * Preferred Mclntyre 4'Ac May 21% 23% common 20 (L) McCabe 5c 10 150 500 67% 64c - • 15% 98 -.67% , . Oct Jan Sep ' 1 • Wares • common: 16% 7V4c 7%c 8c Glenora Gold _________—_______—1 2%c: 2%c 2%c 59c 66c 1. 6.40 . . Globe < 16% Preferred ___—___• ;_:_____„100 Giant Yellowknife Gold Mines. 1 ' Gillies Lake ; 1 Oil God's J Lake Goldale Golden ^ Porcupine , footnotes see page 42. 65 ~ 13 35 99 % Jun 1,93 4.75 Jan 2,500 7%c Oct 3%C \ 11c Oct McMarmac Oct Mercury Oct Mid-Continent Oil Red Lake 1 Mills . • ,10c 10c 6 6 . • :. 4%C 4c. 10c 1,100 6 1.05) '7 11.000 43ic 5%c 21 %c : - Jan 7% Sep 3'/2c Jun Jan 7%cMar Apr1 2c July 3%c July 40c May 74%c Jan Midland & Pacific 29c Jun 1,500 14c Jun 6,000 9c Jun 1.93 2.05 5C 5c 500 6c 18,500 3c 3%c 3%c 2,000 lio 1.05 1.15 " Corp • 12% 11% 13 Model Oils Grain ' Monarch 3.15 Jan Moneta 12%c Feb Montreal Locomotive Jun 9%c Feb Mnorp 4 32c 25 -" 2,100 21.263 July July 32c 8.25 Containers class A 0 Knitting Porcupine «• 500 4 : . ' . ; 21 16 65 9% 30c 43c , " 195 12.600 37c 40c 1 • 16 9"2 • — 19 Vi T 21% Cora 74%' common 74 74 % " Jun 17% Feb 1.55 Jan Oct.'. 14'/2 May .7 9'/2 36c 13 v • 48c Oct Jan 18 Feb Oct 14 Jan Oct 60c Jan 7.723 V/ 17V4 Aug.; 23% Jan 1,670 ' 230 "" 64% Jun 75 Oct 25% Apr 27% Feb "" Feb 16 95c " ' Modern Apr 1% May ' 1 Feb 16c Jun • 1 19 %c Sep 1.55 ~ Jan • •' i6% r Brick " 4c 56 5,891 56c 16'A Milton Mining 9,335 / 7.70 ' 6,500.. 60,650 40c __ 6C 17% 103% May 9,071 9%c gc " —; 6.65 I6%cl6%c . • Mines Ooodfish Mining—^ For 1 « 38c > - j Manitou 6.40 64c • 1 — Gold Goldhawk Goldora Gold Mines Goldcrest 103'% 103% 1 "" Preferred _'___ 25 26% 26 % • 19»/2 Sep Jtm 41c 7%c —a. / Jan 3c r 1 ' ' :'t Jan .>/"•;■ i4c 5%c Mar 10,500 2%c - 59 %c Oct ■ Oct >14% 2,000 X McLellan Products Mfg General > i* 16 100% 1.02 __ * common ___- —__ 17% 100 ______ Bakeries Oct Sep Jun 14c Sep 98% Jan 96% July 25 100 General , • com preferred •*: 415 1 _» Mines Preferred Gatineau 8c 8c 28c - - , Sep 10c 39 preferred—-________:__100 (A Sep 4.55 Gold Cos Jan 58C Jun ?. 15% 100 Motor 17 30c • Manufacturing ^rd 13% July 6,700 1 Products Fleet 475 42c 45 %c Kirkland Sep Jan ' - Jun 4c" 6 %c 33,060 Wasa „ 26c 14,450 21 Lake :12 1.45 5.30 May Sep 1.36 20 95 • Preferred Federal 1.39 4.10 Shore 9c • " 14,390 21 Lake 1 Players ' 5.00 10% Nickel Fanny Farmer Candy Shops__ Federal Grain common 18 • 10% I Corp 6c / _1 _j 20'% _ Jan 13c 19c Oct 1,000 X _• __ 52c 4'Ac Mar 7,000 Lingman • Falconbridge Famous A__ " 4c Rowan __ Oct ' 5%c Lake 51c Jan 15 %c Mar 7,500 ' 17% Lake 15%c 1 Jan 13 ~ "'6c * 6,ooo 16.500 6c Lake Fortune Gold--.^__ 2,320 15%c • Gold___ Oct 36 July ' 36,720 4c Oct 1 Gold Pen-Rey Mines Sol 103 • 17% 22 Eldona El El ic ,1 Kirkland b 80 . 5%c X 35% Oct 16% 55c 5c - l 25% Apr 16 50c 6'Ac 5c ' l - Apr 40c ' Oct Jun 9c 6,600 Feb 16% Jan Jun . 14c 5,387 -17c Aug 40 %c Feb 54c 26% Jun "3% c May 1,571 4%c 18c 19% 1 TO ;' 4%c Gold 24% May 20 i i 30c 14c 21% Elder Mines Oct 9 Sep 7 • Ken-Addison Loblaw Eddy Paper class A—v 28 21% July •99% Mar 29' 20 __ 7% 1,891 170 * com "Sep May Sep 35c • 8e 3c 20% Mar 4,442 __i 22 1 _ Jan 10 : Mines 15% Jan ___! Steel 17% 103 235 24c Oct Sep 33% 21% 10%c Oct 16 9 ___1 Kayrand Mining 150.900 * 20% Oct 103 22% • Feb Oct 14% 13c (1939) \ 65c 1 Oil Jan 32% 26V* l i Gold f 55c Amphi 117 Feb Jan 30% l Mines Joburke J 63c Leduc Jun Jan " Ltd Sep Sep 575 Crest 6c 13% Mar 8c Oct 10% East 37c Mining Jan 1.90 Jan 10 East Jun 33 Gold Waite Jaculet (Mines Feb 10 East C). Jan 9% common 22 9%c " Sep 57 t 9% 25% 10% 1 * Oct Jun • Co International Uranium Oct • Ltd 33% 41c 16% 470 40c 26% Lapaska Mines Gold Feb 32c Jun 24% 17,400 26% l * Petroleum Jan 1 Duvay Gold Mines Oct 27% 972 6 Li___l.__100 Nickel International 54c 4,370 -j, Jan 12% Jan 11 Vac Feb Mar „ 110 -50 21'% __ Jan 19% 2c 5,500 * common Preferred f 17 c 1.20 100 33% 117 l Acceptance 3,8/2 . 22,500 2%c 117 0 Inspiration Mining International Metals class A— Oct Jan • Mines Dulaina 17% 3c 2%c 13c Sep 38% 25 43c 10c Vi 5 33% 21% * Woollens 5 1,360 16% 30 29 47'/4 16% Imperial Varnish 325 9% 47 Sep Oct 27c 235 15c 3 9% 47 Oct 17c Oct 9c 28 1,455 Jun 28 16% common..' common " 28% 5 23 % Dominion Textile 3 22,400 56,776 6% Aug 3,060 16% • Chemical Preferred Dominion 1 25 ' & Tar 27% __ 38c 14% May 20% 19% 35c 25 Kirkland Golden Gate Dome Mines Ltd 25 35c 26% 5c 940 1,000 Feb 13 %c 8.75 May 4c Jun 26,500 20% 27c „ 6c 10c 33% 26 Jan Jun 20 32,200 19%: 19%.. 6c 9c 33% 14% Jun 16c 3,300 41c, 8,815 ' 19% preferred 5,500 6%c 36c 11% 10% 26 4% 2,500 1.74 6c . __ 15% 14% 30c Oct ; 7c 3,500 7c 190 1 common Bank Jellicoe Decalta 1,000 17 20% 72c 5%c Jun 100 9 - 7%c Sep 59c 80 May 17 12c Mar Imperial Oil * Imperial Tobacco of Canada ordinary_5 Jun 45 % Mar 100 9 23 __ * 6c 6c 20 Feb 16c 14,300 21,750 68,500 465 Oct 40c 298,300 _ 12c 117 8% 1,500 11c 29c 31%c 29c * B 9c 11 %c — ,17c * • Apr 3%c Sej) 12c : 32% Jan * 400 Jan 8'Ac Oct 100 - Erie International Coal 10% July 83c Jun 35c '' Jun 8 18,100 Oct 80 10c Jan Jun 21c 31% Oct 1.45 . 9% 10 10c Oct Jan 10c 5,500 * __« Mining & Smelting Malartic Si 38c 12 Sep July 80 31% 15% 300 __ Jun Mar 9 5c 50 10 13% Aug 35 17%c 1 76c 10,900 1.19 1.08 15% __ 1 Pershing Crown 1.17 15% 10% • r Paper Indian Lake Cosmos 15c 360 12,200 * Imperial Jan 160 148 % Mar 56,560 Jan Oct Jan 8% July Oct Oct 12c Jun ; 12% Feb 1.25 Apr 4%c Jun 8 37c , 11% ,__i 4%c Sep 8,135 17, Aug 6c Jun * 3c 6c 9%c Hosco Gold Howard 1 Apr 7%c 1 Sep Fen Huron Consolidated Duquesne Consolidated Homestead l%c 80 _f ■ 20c 38c 2,000 5c 1,000 3,000 10c 5 Jun ■ — Consol Yellowknife 40c 39,725 2c 8c __ Sep 7% Jun 35c 11c 17%c Mar 14 8c * Dauch 10c 4,497 Oct 1,540 6,000 « & Jan 3c .r 16% Oct 15 85c 760 5c 3.20 25c 13,216 — • 9%c May 3,525 10% Jan May 4c 38,500 53c61%c 11c Bakeries 1.10 11c 11 %c 10c 11 %C 1.05 1.07 1 1 Astoria Consolidated i — 2.00 11 Jun . 57c .— 100 Highridge Mining Highwood Sarcee 5%c Jan 2'/4CJuiy 5,246 Malartic 16c 4%c * 1 Paper preferred Hinde 1 3c 2.90 Citralam Jan Jan 6,300 18,600 51c __ Apr- 5C 9c 1 ? 22c * 9% 10% ; Oct 65c 4%c Gold 2.85 Oct >13 Apr .? 80c 8c 10% 25 „ Oct 9% ________ 16 f.'i, Jan 40/. • Aug 33c - ., * • 12% Gold Heath Mar 10c May 1.45 1,000 2!/2c May 4c 5,000 1 Jun Jan - be 28c 8%c r '"s 9% Jun. 405.'j; ?,34 Juiy 350 ; 16 j Sep 45c 10% '• Gold 27% Juiy 17 %c : . Oct 8,200 12 Carpets class Sep 16V2c rr 9,7oo 28c Mints 780 8V2C 2c ' 1 — 100 1.68 57c Alabastine. Uoid kock Hartz & 32,500 30,000 64c 5'/2c 50o Research Lime 1 52C • lbV2 26 3b 245 -- Feb .10%.. Jan Feb lie Jan ... 33 10V2 7%c 3%C 100 ____ 23 10 22c Gwillim J 22 % 2J Saddlery , ' 38 4%c Feb ni/.f 10 %c ' 2,300 • 13 —1 Oct 103 a% Aug 7,250 14c ' 12% —1 30 102 23% May 14c . 12% Coal„' Mines_ High Sep -V5Q%; Apr , - •:« —• Lake Jan Aug 80 _ '370 16c 16%c" Gold 98% 10 10- -38 0 Oil—.i— new I6V2C uunnar 22 230 *- common. Aiines Lead 40 .150. . - A West Lzuay ana 17%' Sep Jun 52'A ' Mines West LOW 89% 52 - Raage Sine* Janaary 1 •: High -10 1 Paper Share* 89 Vi i. A ciass Bousquet Preferred Oct 155 Apr 11% Sep 15% Feb Jan Jan Jan 85c Jun Mackay Lakea Great 11% JoU 10,535 Cenlremaque Gold Chemical Apr 15 /2 ____ — Trust Goruuu Graham 89% ".'.50 :i 29 100 class A Puicupine <*< . Feb 15 Central Patricia Gold Mines •-.it 77 61 Bre.errcd ——-—-1 Wirebound Chartered Oct 16/a -* —-100 Utilities preferred Leduc Jan * v. Canadian Castle-Trethewey 13% for Week of Price* Low a common ____-_20 Corp Gold 'uc Jun .175 J? -- 8% 100 2? preferred Canadian Cardy Corp — Oct 550 common Runway PacUic Central 10 9'/. Tire 8% Sale* Range Par Goodyear Jun 10 230 10,« * Cos c»uuuian Cariboo J* ; 1 10 —9-/4 High 4% 30 Week'*^* - Last Sale Pricef ,";i" 113 l\ bo 230 v.r—— Canadian Oils Cos 8% ,10^ 00 Friday LOW 6% 230 Malartic Canadian — __cr__50 Canadian General Electric vAuaaian 11 --r~z£ Preferred . STOCKS— 320 - Class y/, Bange Since Janaeiy 1 Share* ^ High Low Par markets K RANGE FOR WEEK ENDED OCTOBER for Week Range of Price* tel* Price ; listed Monday,? October - 31, 1949. Sale* Week'* Friday ' " STOCKS— 1 ■ FINANCIAL CHRONICLE 1 ' y • ] t ^volume 170 Number 4851 (1733). 41 CANADIAN RANGE Friday STOCKS— Week's Last Par Morrison High Grocers 11 %c 12c 2,300 6%c 8c 16,500 8% 8 8% 205 6 Feb 8% 11% 11% 480 10 Mar 11% 13% 14% 950 12 July 14% Oct 21 21 50 21 Oct 21 21% 1,265 21% Oct .w- ;; A B ■- 2% 8c May 5%c South Oct Siauaconti 12c Jan Standard 3% Jun 13% Sep 14c Jun ■•• Jan 15% Mar : Brazeau Petroleum National Steel National Negus * ■ Trust ; 43c 42c 44c 20% 20 20% :i" 28 28 260 2.18 2.15 2.25 7,600 103 103 5 8c 9c 2,666 6%c 3c io Mines Neilscn i\ew : Car » (Wm> preferred Shares Low Chemical Standard Range Since January 1 High Low 100 ___ Alger — 57c 49%c High 7% > 7% 90 ____100 Paving common _i,. 12% • - ' • Oisen Bros 47C 23% Jan Stedman 29 Jan ©«jei 23c 41c July GOc 2,240: 12% 26J 72c . Jan Oct 9% Sep July 7 1,2S5 24% Jun 79 2j ■; 24% ' 5. r Jan 12% Oct Jun 24% Oct 18% 4%. V" 225;, 83c 155,500 -Oct 90 4 Oct 5 50c Jun 83c Sep 13% Feb 15 Oct 91 Oct Apr Jan Jun 80c _1 _ July 33,653 1214 24% 4% Gold 10c 8 90 1,339 60c 1,; * common Preferred Jun 25 ; ll%cll%c Standard Radio class IH% 755 ♦ Preferred 27c 3,500 • Mines Starratt National for Week Oct 14% common class Sales Range of Prices Par Oct 5 common Hosiery 200 I_II_Zl Preferred Class Low 3 •*r Mines National Drug National High Week's Last Sale Price 21 Mylamaque National Friday STOCKS— Range Since January 1 3 „ MARKETS OCTOBER 28 Sales Shares 11% Mosher Long Lac ENDED for Week Low L. Brass " Range of Prices Sale Price LISTED FOR WEEK Jan . 2.63 .95 100 Canada of ou * Steep Rock Hon Mines_______ Feb Sterling Trust 9c Feb Sturgeon River Gold Jan Sullivan ________ New Bidlamaque l 4 %c 4c 4%c 4,500 New Calumet 1 1.39 1.26 1.40 29,285 84c Jun New Goldvue i 24c 20c 25c 7,845 18c Oct 31c Mar 1 55c 51c 57c 21,363 47c Oct 75c Feb Surf l 35c 33c 37c 8,050 33c Oct 40c Oct 9c 8 %c 90% 2Jj 2.27 123,435 117 117 lj 20c 20c 599 16c 2.20 2.56 42c 43c 64,425 4,509 54c May __ 100 Sylvanite Gold Mines 91 90 1.90 __ 2.03 t 455 ' 15 83% 90 25 , Feb 104 Jun * common— Preferred Apr 15c Mar 15 78 1,159 Mar 78% Mar 50% Oct Jun 2.77 Oct l.iSo 114 118 Apr Feb Jan New Mines Jason NewLund New I ; Marlon Gold i July 2.35 Gold 10c 25,600 oc dun 23C 4c 4c 1,000 3c Jun 6c Jan 4c r New 4%c 15,636 3c Jun 18c Jan Norzone New Pacalta 9%c 10'4 c 30,308 7c May 14c Jan ' ._t __1 Oils 97/aC New Rouyn Merger __1 9%c 9%c 500 New Thurbcia .a 9%c 1014 c 8,575 9c Jun \ 3%c 3%c 6,500 3c Nib Yellowknife __i 35/aC 5%c July Mines - . • % Inlet Mines (Pearson) 17c 15c 17c 30% 30% 31 % 52 52 52 5% 5% 5% * common Preferred 12c Sep Jan Tech-Hughes Sep 8c Jan Thompson-Lundmark Gold 70c Noranda Mines Norgold i. Normetai Norpick —1 Mining —1 1.03 Apr Jun 1.25 Mines 61% 3c 3c 500 29c 29c 31c 6,300 Jun — 10 10 3.40 8c 9%c 34,500 2.65 2.80 25,450 5c 5,000 lie 914 c 13c 148,000 9c 9c 9c 875 8c Tip Top Tailors * 18 * 44c 44c 10c 10%c 10 %c 12 %c 44,400 • Sep Elevators Toronto Iron 13 Vac Jan Gold Mines __l Osalta Oils O'Leary Omega Class 60c Feb Traders Feb 3% Aug IjC 6 10 Aug 9 5% 5% 825 2.15 2.00 2.16 19,140 30c 30c 1,700 2.05 17,800 20c 10,500 12c Jun 24c 5c 2,142 3c July 6c Sep 7c 60,500 3c Jun 7%c Jun 800. •'if. 5% May Oct 53/4 July Sep 1.98 19c 18c 1.42 Jurl 2.70 17%c Jun 1.11 53c 2.60 Feb Apr Upion Jun 20c Feb United l 8c 7%c 12c 34,750 5c May 12c Oct United 5%c 4c 6% Mar Class 1 B Oil 16 1 * 1.22 Jun 3.10 Oct 10c 10c 500 8%c Sep 17c Jan 5% Jun * — 4,770 60,205 5,136 —1 9c 10c 6,600 6c 109,495 2.02 36 % 3.45 3.10 45% 45% 46 460 1.52 1.31 1.54 74,760 96c 5%c 6c 2,500 4c July 15c I8e 18,100 9c Jun Apr Waite 3c 3c 1,500 3c Apr 6c Sep Walker 2%c 2%c 4,500 lc Feb 6 %c Sep Waterous 15c 214 c 33%c 35%c 55,315 55% 64c 65c 15 1,300 30c 55 3.60 Oct Jan 5014 Sep Violamac May 1.65 Sep 8%c Sep 24 %c Jun Vulcan West 89c Jan 25% 50 7%c 8%c 20,300 2.00 2.09 9,820 1.71 Jun 2.70 3.60 3.50 3.60 1,100 3 00 Mar 4.00 Sep 4c 4 VaQ 19,000 8c Jan July 3c 66c 60c 69c 49,950 40% 41 1,850 1.00:; 1.23 1.00 6,900 30c .s.i % 65c I53/4C Mar Apr May Ltd Sep Jun 69c Oct Jun 42% • • W) & Consol Western Ashley Minerals. Western Grocers Class A Weston )George> 1.30 Sep 1.25 Sep 11 9%c ; 33% 7 Oct 11% 9 Aug 13 7,000 8%c 49 Jun 100 7cJun 2,000 10c 7c 49 6.50 May 23% • 75 . 9c 6c , 25% 35% Oct Jan Mar 15c Sep 3,000 24 24% 805 21 225 90% 80 13c 19,800 5c 5%c 10,500 . 163/4 Oct Jun 12% Jan Winora 2.03 Oct Wood 9% Jan Wright-Hargreaves 53% 10c . "•••'f ,;.,M 5c *>' Apr 10(J% May V1? Feb 25 V Jun May Oct Aug 35 Mar 7c •' Oct 26 Jun 99% 100% 24% 29% 49 Apr 265 ll%c Jun Oct 22 33%* Feb 9c Sep Feb 9c 135 33 — . 10c 25% 1 5c Jun 37c ,• , ;' l' - Jan , Jan C--. 11 %c Jan 37% Apr Feb 1 1.30 May ■7 7% 120 46% 467/a 47 140 ' 6% May 43 May 23c 19c 52,600 17c Jun 66c 4c 1,650 46c 26,428 40c 20 44,126 11 May 1,800 1.04 May 85c 67c Jun 65c 13% 19% 70c GOc *•*' 63c Winnipeg Electric 65c Yellowknife Jan York — 20 4 May ' 4c 17 Jun Oct 100 % Oct 7c Sep 20 Mar • class 2.40 6,122 25c 20%c 32c 34,000 18c Jan 1 Mines Bear 2.40 1 ~ 1.00 94c 1.03 21,840 61c Jun 1.15 Sep 6% 6% 80 Oct 7% Jun * A 2.00 May 6% 2.75 48c Sep May Oct 3c May 8%c Oct 8c Jon Oct 30% 9% Oct Exchango-Gurb Section Feb 11% Toronto Stock Sep 4c 26% Jan 4c 4%c 3,500 4c 4VBC 1,600 26% 27 175 10 10 165 8%c 8c 8%c 6,300 8c Oct 7c 7c 8c 1,500 6c Jun 13c Apr 43c 39c 43c 6,300 23c Aug 50c Mar Canadian Friday 18%cMay 28 27 28 2,136 9.40 9.25 9.55 28,995 5.85 Feb 19C 17 %c 19c 54,500 9c Feb 4%c 4%c 4%c 8,200 3c Jun 10c Jan 17% 16% 17% 1,535 143/4 Jun 18 3/4 Jan 6c Gc 500 6c Jun 8c Aug 9 9 25 4 % Jun 93/4 Jan 24% 24% 100 17% Jun 15% 15% 100 93/4 Jun 82 83 110 71% J"ly 50 49 % 50 135 31 4.15 Mines 115 Ke0 97 1.18 May Oct 27% 1 20 500 17 2.31 Last STOCKS— Sale Price 4.05 4.20 8,988 3.50 3%C 3%c 500 3%c • __ 24% Jun 9.70 Oct Andian Oct Asbestos 26 %c May British Sales Week's Range for Week of Prices Shares Range Slnee January 1 Low High 660 4% 0 5 5 * 23% 23% 125 21 Pulp & Paper com__* 85 85 100 75 National — Corp Sep' High 7% Jan Jun 26 Jau Jan Sep 114 135 135 25 135 Oct 153 Jan 1 3% 3% 3% 3,465 2 May 4 Jan 100 Columbia 92 92 94 120 * * 22 22 22% 1,485 12% 12% 22 "2 22% 23 45 1.90 1.90 1.95 1,150 81 80% 82 305 3% 3% 3% 1,100 -- 53% 56 160 18% 19% 4,173 100 Preferred Brown Funds Low Par • 1,768 4%c 17 4%c — preferred.—100 & James Knitting 35% 100 100% 1 - Mines Jan 34% 100 : Gold (Alex) 34% • common Preferred 1.20 Aug 27 1 • _ 10% — - ll%c 9% _ Ryanor Mining Feb 7 1 57c a common.. 15% 7 8,420 1 Gold 12% __ — 9.G0 33% 5,549 33 Wingait 860 <ic Roybar Chibougamau 9.30 Wiltsey-Coghlan 1,675 1 Royalite Oil Jan 100 7,100 a — Oct ^ 3,500 26c 100 1.03 Gold u____ 29c Oct — * • common 12% 85c Co Oct 20c —• * — — 16% « Rochette Gold Sep 2bc — _1 common - 12 Quesabe Mines Ltd Lac___ 13c 5.500 7c * 1.00 19C ; June 28c 10c A Products 157/e ,.J0 A ■ 1 Malartic 1.00 • Regcourt Jan 25c — _* 12% —40 Mining Sep 6.40 28c 9.60 33% * common 16% 1.99 _ Jan 4.85 Jun 23%c 28c Jan Jun 7% 1.10 May 4 00 ' (G l com nun- Oct Feb 25% 7c 6% __ _1 .J A Westeel 27 Jun Sen Apr 1 7% 1 tHiram) Wekusko 45c Ltd Mines Oils Amulet 61 2.05 25 Mines Vieour Mines May 55c • Feb 7%c i Industries Sep 23 17,500 7% Labrador Russell 55 Mar 1.510 3.10 3.75 Manitou Rupununi Jun 17 23 2.95 Steel l i _ 47 54 22% 3.10 5.85 1 Queenston Gold Bank 150 54 22 % • __ Canada Yellorex Royal 54% Oct 27c 25 Hill___ 3.50 1 common™. - Oils Oct 5.30 Preston East DomeL_—...^_— Roxana Jan 24% 27 50 preferred preferred * Roche Long 30% 18% July 8%c May 50 3.55 ') : _ Sep 760 5.70 l Gold__ Robinson Cotton 19c 30 24% * 'V class 17c 1 3.60 15% Aug 30 23% __ 23% * Ltd 407/b Silk Oct Ventures 1 Metals Riverside 9 Jan Jan 2,500 1 . Corp Reno Feb 8% Sc 64c Voting trust certificates Quemont 6 2,482 18,051 Aug River Quebec Jun Apr 1.18 Aug i Quebec 20 90c v 5c * Preferred 17%c Oct 93 Oct Feb 16 United 6 %c 55% Mines Purity Flour Mills 40 13% * Preferred Pressed 9 13% Jan 55c Jan 5%c 35c Porcupine Peninsular Power 9 13% 110 Oct 90 10 25,109 93 Oct 23% 18c' l Porcupine Reef 16 64c 91 23% Jun _„i & Rouyn Gold 16 58c Jun Jun May common Pioneer Gold Powell 93 60c 17 17% 7c l Engravers Porcupine 25 45c __i ____ Gold Powell 2,120 5,500 • ___, .. 23% 22% 22 22% __ 23,200 _l Gold Sep ''23 % 11c 11 %c • Ltd Paymaster Consol Crow 51c 93c 98 %c Class Piccadilly May 95c • Mines Malartic Pickle 29c • Oils 1 Partanen Malartic Photo 13,450 11 %c ____1 Pandora Cadillac Perron 43c Mar 1 Tubes.. Penmans' Ltd 40c 9 400 ■ 1 • Petroieum Western Sep 41c — Keno Upper Pan Jan 15c Resources Fuel class A United Parbec 12 Jun Corp class A___ Class to 6c Porcupine Feb Oct 7c Mining United 46,300 Hershey 10 V* 10% 2,000 common July 16c - Jan 10c ' 5c 10 %c Parnour 50 ' Oct 1.35 Mat 11 Jun 11% Gas 15c Page 9% 14c Jun 9% 11 • City 1 Pacific 9% 100 Union Gold (Eastern) Jun 69c ruO > Aug Sep 265 Pacific 7c 4,100 1.23 10% Feb 22 70c 10c • Jan 5% Mines Sep May 10c A Preferred 5% Mines Oct 3 690 12c 1.18 .11%. Class A rights, 5% Lake class Finance Transcontinental * OsuJake 22c Oct Oct 80 2,657 10% 9% * Class B « Osisko Oct 3.75 Sep 3% 2.00 * ___l Lake—.— Oct 1C Jan * — Petroleums Crush Red 8c Feb 5% 1 Tower 40c Sep 5%c Oct — !-• Aug Orange Orlac Sep Oct 52 Jun 2.oa Feb 31% ...l common..: ' A 13 %c Oct Omnitrans Exploration Orenada Works 1.19 0 Towagmac Exploration 8% • Malartic Gold 36c Feb 17% 18 50c lie — 1 Mines Oct 9 ____" ; Silver 13c Twin O'Brien Sep 45c 18 46c * Torbrit Toronto 5% Ogama-Rockland Gold Feb 3.75 Jan Jun 3%c May 49,400 Tombill Oct 52c 70 Jun 4c 500 5%c i Gold 6c Oct 44c 44c 9%c .Preferred-: 9c Jan 2.35 9% 8.950 Mines Oct 10% Jan 4% 100 3.25 Oct Oct 50 25 3-35 2.53 43c 26% July 20 1 Mines • 64% 2%c July 25c 4%c i common 48% 4,976 i ; Mines Star Oil 64% 0 North Inca Gold 2i5 10 . Gold 15c 11,509 ' Sep Jun Sep l Northern Canada North May 90c 'III , Mines Northland 47c 440 2.75 Gold Dennison North 208,050 —1 Mines Ltd Norseman 74c 1.12 64% Mines Norlartic 61c 1.00 5 1.27 * 26c 1.00 Nipissing Mines 1,009 6,420 • common Toburn Nicholson 6c 1.85 27c Sep 1.27 6c 50 Ltd Mar 1.73 1.78 1 Preferred Taylor — 50c River Tamblyn 2.50 —--I - Superior Oils Ltd Taku Newnorth Cons ' 1 Co common Preferred 70% Jun Feb 103 eL St Lawrence 1st preferred 2nd St Corp 2nd Ran preferred Sand River __ __ 1st pfd 1 (new) Gold 15% mewj .—99 .... 1 Gold Antnnio 9 .49 _ Paper 1 ... _. preferred Lawrence common — 243/8 15 86 50 Jun Canada and Oct Canada Vinegars Oct Canadian Industries common • Jan Canadian Marconi 1 Canadian Vickers Sep 6c Oct Sep Canadian Canadian Sannorm Senator Mines 7c Rouyn Ltd. Water Mines Power _ Winnipeg 6heep .. 36c 35 Vac 37c 22,800 24% 24% 25% 945 47% com _ Brew Gold Creek 1 • — & Preferred Shea's — class « A...... 47% 1 17c Mar May Western Consolidated 30c Jun GOc 25% Oct 43 Oct Diiber Jan Dominion * * —— Paper Dalhousle Oil 29c • Lumber Breweries 185 %c 1,000 10 %c May 11% Mar 45 May 14 Steel Oct Voting Silanco Rtlver Foothills 75 1.15 500 1.01 Jun 1.60 1.25 Jun 3.40 trust 21% Oct 103,940 21% 385 21% _ t class a A. 21% 775 33c 41c 28 000 54c 50c 63c 167,000 9% 9% 9% 1,694 6% 6% 70 92 92 5 * B Silverw'd 20% 35c Dairies Silverwood Class certificates Mines West Dair .100 pfd. 92 Class B Ltd class A Glass common Preferred ..100 153/4 Feb 21% Oct 2«c Aug 65c An* 32c 8% 53/4 86 63c Jun 9% Apr 9% Apr 95 July Oct International Sladen Gold 1 Preferred Internationa) r.Tor Co ... common- footnotes, see __ 1 — Langley's Ltd preferred Oct Minnesota Feb -pag* 42. Oct Oct 84.430 Jun 59% 280 5% Feb 11 % May 375 31% Jan 40 44 44 75 Feb 44% Oct 3.40 3.10 3.50 17,545 Aug 3.65 Jan 30 33 2 810 69% 71% 6,984 <te 48c 26c 36 Sep Price Oct 99 100 725 93 Jun 6.453 61,000 30 50 5 3,740 Oct 335/a jun 18 Aug 55 Jun 22% Jan 23 Aug 50 50 15% 22 15% 16% 22 22 25 5.75 5.60 5.80 4,835 58% 58% 30 45 42c 42c 50 40c 3,950 25c 0 Southmount Investment 78c 1,585 Oct Oct Jun 50 1 Jan 28% 25c 18 33 71% 111 98 100 * 30 70c 17% 21% Aug Jun 43 % 50 Oreiile Sep Sep 30 %c 111 20 111 * Bros 22 21 100 31 70V2 2.30 * _______ Ontario Paper 1,395 1 - 17% Niagara Wire Weaving 2.135 77c Apr Oct 19% / Oct Apr Oct 28'/a 32c Oct 4 56 11 Utilities 29% 30 Malartic <N) .Jun 13% Jun, 55c 41 42c 12V4 20 July J.35 May % Jun Mar 6.70 63 45c Jan Sep May Oct 18%c Jun 44c Jan 24c Feb 94c Sep 26 Feb 30 Oct i Southwest Petroleum Temiskaming * Yukon Consol — 1 40c July 35c 35c 6c 6c 601 6c Jun 50c 50c 50c 2,000 50c May 1 Mining 1 Slater Jan 39% " Slscoe 3Ve May 49 88 10 % 48c * 28 / Jun 60 39% ♦ Paper common 27% 100 Oct 2.00 10% • 28 _ Jan Jun July 39% —* — Oil 29 • . 13 % 23 1.15 * Pend Slmnson's 11% Aug 19% Sep 153/4 Mar 2.70 21 Mi nine Miller Jan —* common Bridge Dominion Jan 13% 2.40 common- 18% • Hayes Steel Sick'3 120 22% Feb 19 Sep Jun 1.11 2.59 ' *' common Westinghouse 22% 13% 13% _ _ 7c 48 14 %c 14 — • __ Gordon Sherritt 7.000 ...50 Shawiniean Shawkey 7%C Sugar, Oct 4.75 Jun Dominion J. 40c Oct 8%C Aug 79c Jan COMMERCIAL THE (1734) 42 & FINANCIAL OVER-THE-COUNTER CHRONICLE Monday, October 31, 1949 SECURITIES Quotations for Friday, October 28 Investing Companies Bid Aeronautical Securities Affiliated Fund 5.15 — Inc Holdings Inv Tr of Automobile 3-40 3-73 Home Furnishings shares—lc Non-Ferrous Metals lc 3.41 2.98 3.29 lc 3.69 4.37 Paper 22.30 Petroleum 3.45 shares Steel lc 3.73 7.02 26.44 Inc_l 12.19 Boston Inc.—1 13.49 Mutual invest Fund Inc 1 14.03 15.57 Mass 14.10 15.25 Mutual 3, 880 Fund Investors Security 27.95 17.78 19.01 Low 3.80 3.99 25.46 27.52 5 Stock 6!65 1 5.94 6.39 Series _1 —. 4.10 1 4.56 1 3.77 tl%s .1%% 100.1304 .1387 Bid Ask Indebtedness— 5.22 New 100.0372 14.12 6.20 15.70 New York 14.92 Dated 1.65% 16.04 9.56 Agriculture— 24- '••.•S'Dne 1-49 11- '. Automobilfr 5.95 Aviation 6.78 10.87 11.91 1 8.01 6.68 7.33 Chemical 1 10.61 6.19 1 1 10.78 3.78 Equipment shares lo 10 9.04 9.91 Electrical l 7.69 5.05 Insurance stock ————1 12.03 shares—lc 6.94 Machinery 9.65 7.31 8.01 , Merchandising 10.33 6.65 9.00 7.29 ' Metals 1 7.92 bl.25 ;1.10% 1,.55% Investment 7.92 Co 4.50 Petroleum 4.88 Putnam 4.51 5.70 4.95 Republic 6.26 5 B-2 (Medium 1.10% 1.55% 7- 1-49 4- '3-50 bl.30 bl.25 '1.10% 1.35% 8- 1-49 5- 1-50 bl.30 1.15% 1.35% 9- 1-49 6- 1-50 bl.30 -'1.15% 1.30% 10- 3-49 7- 3-50 bl.30 1.15% 1.30% w.l. 11- 1-49 8-1-50 bl.30 1.15% 4- 1.50% 1-49 7- 1- 3-50 1-49 bl.25 1- 3-50 (Low Priced Bonds) lc lo lo 1 bl.25 8-3 8-4 & •4 United States Treasury Bills Bid Nov. Nov. 10, 1949 Nov NOV. 17 17, 1048 1949 - 22.99 8.96 , 86c 1.06 1.17 12.09 13.25 24.96 ' State „1.06 0.98% Jan. 12, 1950 bl.06 0.98% 0.90% Jan. 6.50 19, 1950 bl.06 1.00% bl.05 0.92% Jan. 8.27 26, 1950 bl.06 1.00% 10.91 11.96 2.25 1, Dec. 1 v , 8, 1949 2.47 50.55 50.55 10.47 11.33 20 21% (net asset value) _• 2% Amer Shares Invest Street Union _1 — Inc Co Investment Fund 93c Corp.* serieB A Series B 17.64 Wellington Fund 9.94 14.40 15.71 (Appreciation com Stks)_I com S'tks)—1 10.99 4.90 Investing Corp 18.77 . 10.04 1 10.18 10.24 17.61 16.34 5.04 Unit 3.65 Series Trustee Trust Co 43% 2.37 2.32 2.53 Series 1955 1 Series 1956 1 2.28 45% Bank National 10%, 55% & Surety i _10 89 Home; 58 % 60% Insur Co of North America 10 67% 70% Jersey Insurance of N YJ 20 70 American Alliance —10 24% 48% American Automobile 4 American Casualty 5 1414 0 23% American Equitable ABSur. 26% Maryland Casualty common $2.10 Prior preferred & Fidelity; & Casualty.5 10 17% 19% 29% American Re-Insurance American Surety Automobile _ 49% lo 295 Bankers Camden & Shippers 15% 30 Merchant 31% 33% Fire Assurance National Casualty lo 25 31 33 National 5 46 4 8,% (Detroit)—10 28% 59% 61% National New J lo Union Fire 5 37 39 45% inn \ ,475 41% 52% & Co Inc 100 241 y 12 Mi 44% 46% 90 New York 23% North 54 58 59 61% Pacific Fire 25 10 35% 37% Pacific 10 37% 10 Federal Fire 7 River— Northern 35% —— ... Indemnity Co Peerless Casualty Co Phoenix . . 61% 63% 64% 10 Fidelity & Deposit of Md 10 63 Fire Assn of Phila 10 71 74 Reinsurance Corp 10 89 92 Republic 18% 2.50 26% 28% 12.50 104% 110% < 117 45% P) 25 12 100 .Bank 247 First Firemen's of Newark 5 Preferred Accident Providence-Washington (N Y) (Texas)— 2nd com preferred Great American Hanover Fire Power 8% 1st * • '* • ' Bank < 1979 104% Cen 105% 2%s 104% Y ' " 1979 ' -s'. 'V. \ • 123 Elec 3s 103% 2%s States Power 5 14% 5 10 Hudson Gas 33% 20 __ 56% 53% ' 45 - 45%' / preferred Lt 15% 2 10 35 6% Pow & Ask Bid 4.28% & 105 106 105% Y State 4% % pfd Pow (Minn) Pub 101% Elec Ser (Wise) 3s 1979 104%" 105 % & Ohio Power 3s 1978 105% 106 Public Serv of Indiana 3s..1979 6 103% 104'% San Tenn Gas Transmission 3s__ 1963 30% 96 99 Surety—.— lo 52 10 36 12% 10 47% 49% Standard 10 36% 38% 51% pfd_30 33% " . 51 %y 33% 1949) 100 106 107 pfd__100 103% 104% 4.40%—100 111% 113 pfd.100 105 > 106 1 ^ 106% Gas & Elec— Gas series G & 100 107 Elec— preferred 20 20% 100% 101% West Penn Elec 3 %s__— 103 4.90% 103% preferred 21% Gas 100 106 107% 100 103% 104% Transmission— 38 40 104% 55 (New Haven) Springfield Fire & Marine 106 ' Staten Island Edison— 7%. 12% Diego 4%% 55 Gas— Lgt 4%% $4.75 preferred 37 106 54% 100 (Colorado) Rochester 104% pfd__50 3.90c (series & Y Light— preferred Electric 53 • pfd Iowa Southern Util 5%% Power 52 100 $2.20 Hartford 104% 101'/a pfd_50 & Elec— 104 "• Y/\ 103 98 5% - $2.50 Pub Seiv of OkJa 4.65% 95 10 & Pwr Delaware 1978 1979 North States Pow 54% Security 15 36% 15 88 91 37% 38% Travelers Fidelity & Guaranty Co„2 57% 33 35 U Fixe 4 64% 67% 10 79% 84% •No S 22% 24 11949 37 64%; Bank Par Lt 4.75% Penn Northern 11% 111% 12% Bank Natl 104% 1978 England Power 3« 52% 10 31 %• of Amer N T & 8 A—12% Ariz Conn N New 5 10 - Stocks- Ask 105 Kentucky & W Va Pow 3s_1979 Seaboard Hartford Steamboiler 290 Security Issues 1974 mortgage 27/8s • 28% Hartford Fire - ' 20 ' 26% 5 290 x270 Francisco San 87/« 680 Kansas Power & Light— lo 10 100 Trust— States Central Duke U S Republic. Globe tc Rutgers Fire 35 Detroit 92 87 650 Bid Telephone of Pa Ss 5 Globe & 33% of National Tenn St Paul Fire & Marine General Reinsurance Corp Glens Falls L 10 & United 19% Frisco Bank Portland 57% 67 of 35 93 43% (J Narragansett 68% • Fund 33 54% 18% 102 22 Employees Group Assoc Employers Reinsurance Fireman's 16 Peoples First National 1,525 43% 20 48% 10 10 1 City Bank 39 37 17% Fire 10 Continental Casualty Crum & Forster Inc 27 315 Mellon Natl Bank & Trust 9 2 Amsterdam Casualty 5 -.i— 25 300 Farmers Deposit Natl Bank—100 18% _25 Bell 30% 59% Fire Connecticut General Life— New common 20 -Pittsburgh 32 25 21% 66% Bank_ Co— 30% 17% Recent 15% 25 10 Fire " 100 Trust National 304 f 27% > Co Bonds—. 24% New Hampshire Boston 320 580 52% 23% 14 59 " 305 560 31 Trust 17% 10 20% 2% ..100 87% 190 Detroit 100 1 ,245 i.. 1,305 52 16% Convertible 10 Newark 183 ..100 35 __10 Trust Bank 120% 48 preferred—5 Massachusetts Bonding 5 $1.05 Merchants & Mfrs__ American American of ; 35 116% 1 85 ..100 Co National Cleveland 97 73 Agricultural Ask 205 Ask 33% ———_ -10 -10 i Bid 195 Trust. .33% Savings- Trust National 33 94 16 50 United States Trust Bid & Bank & 57%, Y Sterling National Par oo Cleveland Central Title Guarantee & Trust Insurance Companies Ask Trust Northern 51 Manufacturers 3.69 99.87 National Harris 9% j Irving Trust ; Kings County Trust Lawyers Trust x Shares— 97.87 First Bank & Trust— v loo Industrial Bank of Commerce-10 8.00 2.08 H* 1 Illinois Bank 37% 49 Guaranty Trust 6.91 45% 103 35% _20 Stamped' Federation Shares— 1 National 144 : 100 10 Trust _ 3.95 2.50 Amer Trust First E 43% 136 15 & Fiduciary Trust Independence Trust Shares North Bank_ Bank (White Plains, N Y) Empire Trust Type Trusts— Diversified National County Trust Co 17.57 1 10 Continental 345 330 Corn Exchange Bank &Trust.20 19.22 1 Inc Par City Natl Bank & Trust ; Trust Continental 7.03 9.37 27% York Trust 25 Public Nat'l Bank & Trust.17% Life —— Chicago 100 - New Casualty 1950 Ask 25% York National City Bank Aetna 5( Commercial National Bank & j 1 Fund Wisconsin Investment Co 12.00 4.48 Whitehall New Chemical 5.96 17.42 of Fifth Avenue Chase 18.47 1 Bid Manhattan Co_10 Brooklyn Trust 100 Central Hanover Bank & Trust 20 76C 1 1 the Bankers 10.28 21.08 1 Series C— St 53.50 Union Preferred Stock Fund—1 24.71 Stocks)—1 Aetna Insurance . York of Bank 6.28 9.43 1 Par New Bank Morgan Aatna Jan> 0.90% Banks & Trust Companies M" 1.02 68c 25c 9.10 Bid ' hin^nan* bl.Oo 0.90% L 16.27 50.50 1 ^und Inc— Industry Shares Bond 5.73 10c Wall Street 16.57 Par 0.92% °-92% 5.93 United Income Fund Shares.—1 4.59 0.92% bl.05 b105 15 Inc Trusteed 29.53 1 Lexington Trust Fund 25c Loomns Sayles Mutual Fund—• Ask bl.05 1949 1949 bl.05 22.85 Fund 15, J949 Dec- 22> DeC> 29> bl.05 28.73 15.18 (Low Priced t 1949—— 15.97 - 0 85%. 1949—_ 22.65 1 1 bl.05 Dec. Dec. 15.13 Television 8.45 14.16 27.48 0.85% Nov. 25, 1 Fund™ Sovereign Investors. 27.13 7.71 13.86 1 Bid bl.05 r _ y Ask ' 8.15 Shareholders Trust of Boston—1 27.07 Knickerbocker 1949 5.24 Selected >20.09 com 3, 11.67 5 Trading Union Common Stock fuuq Bonds) 1 K-l (Income pfd Stocks) 1 K-2 (Appreciation pfd Stks)_l 8-1 (Quality common Stks)-1 (Income 1.15% 4.78 1.85 8.17 77c 1 (Speculative 8-2 |'1,15% 1.15% 18.08 Investors Fund—.~1 (Geo) Standard Grade Bds) B-3 * bl.25 1-49 7.44 4.62 21.27 of Boston—1 B-4 1.15% 12- Scudder, Stevens & Clark Ltd— (Investment Bonds) bl.30 3.72 3.38 4.06 Keystone Custodian Funds— B-l equipment. Tobacco 4.44 1 i f 4.27 10c ' 1.71 America of 1-50 10.65 8,68 2.61 —lc lo Trust 3- 7.55 Railroad Stock and Bond Group—lo Investment Ask .1.15% 1-49 1 5.81 lc Investors Management Fund Bid bl.25 6- 1 Railroad lc Group shares shares Due 2-f 1-50' _ 1 8.29 Utility lc Group f" .'5- 2-49 „ 16.50 Public lc >*;; 2.36 Insurance Group shares Dated 1.55% 1 Pacific Coast Invest Fund 5.97 lc 7.56 lc ,V-. 5.29 Investors Rate 1.10% 1 0.45 8.89 lc Shares Bank equipment 5.44 Fund Aviation preferred stock_l 8.11 Investing Company shares—lc Low Priced shares lc Institutional .0399 12* 1-49 8.68 Incorporated .0463 1950 1-49 11.32 shares Income Foundation Fund 100.0289 100.0217 1. tl%s Sept. 15, 1950 tl%s Oct. 1, 1950 bl.25 10.58 _lo Industrial Machinery shares lc Institutional bond shares—lo 1 1 Howe Plan Fund Inc .1160 Julv 2-49 13.18 7.61 Tpbacco shares Utility shares 100.1027 tl%s .0765 5- 8.43 4.60 stock shares .1006 .1069 1-49 1-49 10.87 shares Equipment shares 100.0839 11.58 9.92 Electrical Railroad IOC.0665 100.0953 4.14 10.57 Diversified RR 1950 1950 1950 11.44 Diversified Investment Fund_l Steel shares 1, 1, 3- 1.55% 11.63 5.64 6.71 shares :,SAik Bid •! 8.78 7.88 Railroad Bond .0611 1.50% 6.52 1 6.05 shares Ask 100.0534 1.65% 7.43 Bank stock 7.19 Petroleum 1950 1, 1-49 10.48 16.97 52.68 5.52 1 1. (cont)- Federal Infermediaie Credit Bank Debentures Inc— Stocks 6.12 Merchandising shares Mining shares.. Feb. indebt tl%s Mar. .0440 1, 1950— 1.50% England Fund 15.47 lo General bond Bid of 3.83 lo Fully Administered 100.11 tl %s June {!%■ Jan. 3.78 3.50 shares Food 100.8 - tl%s Apr. .0730 6.31 3.46 lo shares 102.20 Maturity— Certificates 100.0481 Rate 5.21 100.8 102.12 4.98 1 Selected Group Series 1 Low Priced Com Stock Series 1 7.11 100 - 3.08 Industrial Stock Series 4.77 48.99 4.86 — Price Ask Bid {1Y«S Dec. 15, 1949 6.19 5.65 1, 1953-1951 1,1955-1953—. 4.48 2.82 Chemical " Int. Rate Certificates of 7.27 Building shares Aviation Ask 99.30 .6.98 lo lo shares Bid 99.24 — t%8 Oht. 1, 1957-1055 ' Treasury Notes— 6.49 1 Series Series Speculative Series 5.55 4.99 1 Corporate bond series Diversified Industry Automobile 120 119 Dollar Maturity— 9.71 Building supply Group Securities— Agricultural shares *• •• -1961 14.57 8.98 Stock Series 32 30 % Fund. Franklin Custodian Funds Inc— Preferred stock series lc Common stock series —lc Fundamental Investors Inc 2 Fundamental Trust shares A—2 Gas Industries Fund Inc 1 General Capital Corp 1 General Investors Trust —1 First Mutual Trust point U. S. Certificates of Indebtedness Series— Priced Bond Preferred 1.98 1.81 10 1 13.57 1 Corp series Income Corp a l%s Jan. {April 1, 1950 1 National 1.60 "26.14 Boston of Fund Balanced 15.05 1 Financial Industrial Fund Inc.l Fund 2nd Nation-Wide Securities— 6.09 5.60 13.67 1.45 —1 Fidelity Fund Inc 100.4 139 Equity Fund Inc.—-—-.—200 First Fund National Fund of Bonds— 1, 1952-1950 Itsuet Panama Canal 3s 14.66 37.72 Bond Balanced l%s May Bank 100.2 100.2 1950 13.18 Investors 35.08 1 Stock Fund 100 32nds more or 2«4s Feb. Other Trust— beneficial of 1 Howard— & 1950 15, 28.53 Bond Investors Ctfs Baton 15, 7.69 interest—l shares Mass Securities com—100 3,730 10° 134 shares 3.75 Inc—10c 8.46 Manhattan 1 1 25c Sept. 100.4 100.2 one Federal Land Art 4.11 2% 97.65 17.17 Investment Bid 4.82 57/a ' 19.43 Commonwealth Banks— 4.07 lc 1.35s -3.76 Feb 3.49 Loan 20, 1950 1.25s 4.11 3.16 17.73 Dividend Shares 3.44 shares_lc Equipment 15.88 Delaware Fund 3.12 Business Bowling Green Fund Inc Broad Street Invest Corp— Preferred lo shares Electrical Equipment shares-lc General Industries shares—lc Bullock Fund Ltd Christiana Home 1%» Jan. 4.07 20.63 Fund Figures after decimal point represent Pederal 48.71 7.83 2 */4 Fund Inc Chemical 47.74 Funds— 93.74 Corp America Century Shares Trust Fund—10 Second 4sk 15.39 Beneficial Corp Blair Bid Par 7.24 5% Bond Savles Managed 34'/* 3.76 Axe-Houghton Fund Inc Axe-Houghton Fund B—— Boston 4.22 Obligations Of Governmenl Agencies Mutual Funds— 14.16 Shares.. Business American 5 65 33 Holding Corp Amerex A«k 3.90 Mutual Funds- 114% 39 S U S Accident ... „ Guarantee Westchester Fire 100 800 825 59% a Odd lot 1974 $4.65 preferred * sale (not Included In year's range). b Big yield price, d Deferred delivery sales (not in year's range), e Ex-interest, f Flat price, k Admitted to listing on N. Y. Stock Ex¬ n Admitted to trading N. Y. Curb, change. r Cash sales (not included in year's range). t Exllquidftting dividend. (Un) Admitted to Unlisted Trading privileges, wd When delivered, wi When Issued, x Ex-dividend. y-Ex-rights. z Ex-stock dividend. included par value, range tin default. adjusted (50% {These stock div. bonds paid are on subject to all Federal taxes. Aug. 31). J ; .Volume 170 Number 4851 .. THE COMMERCIAL & FINANCIAL CHRONICLE (1735) THE COURSE OF BANK CLEARINGS clearings this week will Preliminary figures compiled b.y show based us, a upon decrease compared ^for all cities of the United States from which it is t' . •}• " V v V is • . ... against $15,436,877,736 for the for the week loss a ended same week in 1948. "" 1949 New York % $6,605,355,356 $7,950,150,389 673,892,635 618,141,225 + 938,000,000 — 7.5 _ Philadelphia —16.9 . 479,821,488 Kansas . San 522,416,263 — 252,904,596 City Bt. Louis < 297,123,230 8.2 Francisco... Pittsburgh I 330,038,000 — 250,466,487 309,585,893 275,148,639 Baltimore ■ 286,444,107 Total —14.2 West Other cities, five days iv Total all cities, five 2,661,633,110 - - days: 2,724,958,165 - $12,875,115,040 $14,619,801,493 648,263,541 in - issue of next week. our We cannot furnish ends Saturday and the Saturday figures —12.4 •! In the elaborate detailed statement, . able to give are we * however, which Total was a week in 1948. same • falling off of 3.6% the totals register Boston Reserve District the totals register an improvement of 0.5%. Atlanta Reserve Districts the totals trict suffers olis : larger by 4.5%. District of 9.5%. In the Dallas J * following we furnish a summary SUMMARY OF Week Ended Oct. 22— $ lit Boston .. 12 Cltldl 2nd New York Ird dth 1948 ..v $ 625,577,122 622,447,999 but in the . In the Cleve¬ the totals show " 7,497,908,108 7,780,575,603 — M 1,088,898,987 1,096,161,453 — 0.7 Cleveland—.——— 7 963,692,849 — 505,846,142 + + " 882,045,325 6 ** 528,383,509 8th Atlanta 10 " 742,880,671 706,410,964 7th Chicago 17 " 969,382,252 1,006,505,923 8th St. Louis 4 " 565,843,735 587,115,010 9th Minneapolis 7 " 439,869,555 10th Kansas City 10 " 510,526,847 8th Richmond 11th 628,802,795 Dallas 8 " 570,568,328 365,782,680 M 485,944,116 829,772,080 364,073,410 873,995,983 483,626,277 864,903,148 112 cities 15,046,875,871 Outside New York city We add now 15,554,244,945 7,804,446,530 detailed our ^,060,032,153 —12.8 7.1 8.9 + 4.5 483,626,277 396,893,253 3.1 17,772,670? 73,045,769^ 221,100,0004,197,8723,298,247 67,628:116 209,200,000 4,431,081 > 3,820,170 — — 0.3 + 16.2 + — 9.6 1.1 86,482,368 + 6.6 120,531,334 + 2.5 9.5' 454,293,945 —10.5 336,815,592 509,908,311 0.5 530,330 144,991,589 384,311 135,692,612 706,410,964 4.5 663,272,138 602,793,891 3,589,478 62,677,775 4,077,098 30,835,000 15,341,374 1,321,368 IIIII ; 740,575,469 4,196,041 —III IIIH—I — 11,888,820 ? 'r'n,,,!""!! ' 4,556,212 3,972,414 060,382,252. Louis + 1,252,451 9,982,120 — — 1,664,178 1,121,288 9,189,844 8,291,874 7,606,542 4,447,497 6,183,187 54,071,000 5,394,985 : t 5,133,582 44,738,000 0.5 53,422,367 4.7* 44,888,874 3,824,144 28,952,538 13,919,018 3,540,402 25,751,522 11,689,809 1,092,011 666,073,822 6,177,875 56,627,000 6,711,293 2,943,740 62,983,811 4,278,625 26,963,619 —18.8 14,057,102 1,360,809 782,656,031 4,260,289 11,931,714 4,689,174 4,263,607 1,006,505,923 + 2.8 + 11.8 + 21.9 — — +14.4 + 9.1 — 2.9 — 767,107,457 ♦ 1.5 — 0.4 — — — 7,411,689 11,459,032 4,137,961 2.8 .1 3.3 3.2 1948 118,313,337 145,788,806 2,012,867 565,848,735' Ninth Federal Reserve $ 14.498,399,383 7,629,983,150 Dec. % Lowell. New Bedford ;« 4,063,349 3,249,745 3.7 980,069,391 844,911,538 — + 6.0 6,206,233 — 315,100,000 122,354,156 164,475,327 2,602,552 4.4 — 5.0 2.9 3.6 8,333,966 331,612,282 1947 Worcester - — 3.6 3,984,174 9,835,397 —13.7 3,794,340 t New Haven-JF % — + 1.1 542,277,730 6.6 2,299,372 — + 9.5 6.4 Second Federal Reserv* Dlstriot—Now +62.2 ' 1,090,725 Binghamton Buffalo _ Elmira ; Jamestown New York _ — 1,933,226 9,510,633 —9.5 454,293,945 336,815,592 Rochester 7,241,959 594,673 6,866.081 514,000 + 0.7 "504,732 6,261,053 10,590,712 11,944,199 30,884,600 1,791,374 622,447,999 544,677 335,221 6,308,548 131,446,018 5,068,445 114,368,686 + 6.3 4,820,395 Springs Pueblo™ Total 1.8 23,428,129 19,097,069 —11.3 10,974,964 8,489,543 - (10 cities) 4.7 27,499;'40O 23,071,100 —18.4 1,285,161 918,026 — Texas—Austin. —15.2 6,514,874 10,876,344 339,258,502 270,581,269 5.5 11,185,826 1.0 1,681,647 1,587,143 + 0.5 628,802,795 523,824,491 Newark —52.2 10,285,425 11,162,545 + 18.0 2,533,601 2,045,357 86,533,372 92,996,373 6.9 98,854,377 66,938,780 2,201,596 1,980,224 1,944,215 7,494,212,792 «. — Northern New Jersey— _ ; 1.3 11,991,331 — 2,298,776 — ... 1,954,219 2,014,279 — 570,568,328 —10.5 509,908,311' + 22.5 3.0 8,577.007 Fort Worth —— Galveston 6,998,974 306,091,677 + 0.4 5,714,643 264,567,000' 28,283,042 28,155,019 7,010,804 4,600,708 + 0.8 27,312,467 6,072,700 5,122,575 10,511,268 Wichita Falls— 365,782,680 Total (6 cities) 5,687,105 7,445,465 11,030,914 1,482,770 1,288,773 417,704,279 11,216,228 —13.4 6,098,791 + 11.3 3,497,304 — 364,073,410 ' + 6.3 0.5 5,455,590 197,469,000 25,221,015 4,113,000 2,581,665 9,302,920 . , 7,836,565 310,493,125 242,676,835 21,043,517 21,090,302 13,459,697 16,232,894 17,694,791 969,630 724,435 43,944,097 46,649,912 52,994,825 58,860,775 — + 11.2 — — 8.5 3.4' 1,690,210 1,441,153 1,750,212 1,422,552 6,868,416,233 6,166,517,660 17,464,946 16,431,906 11,504,748 9,623,244 3.6 12,803,151 12,087,263 + 33.8 680,405 599,257 — 7,497,908,108 7,780,575,603 —— 5.8 38,930,409 Oregon—Portland 164,205,200 64,068,684 Utah—Salt Lake City California—Long Beach 51,216,786 38,699,743 14,847,524 10,984,464 414,816,836 Pasadena 135,199,921' 4,010,920 174,995,460 69,129,631 10,245,058 8,318,133 4,266,695 435,847,160 12,713,848 4,383,505 10,207,681 10,059,512 829,772,080 864,903,148 15,046,875,871 15,554,244,945 8,060,032,153 13,310,906 San Jose Santa Barbara Stockton Total (10 cities). — — — — 4.5 125,558,312 2.2 6.2 4,436,159 163,426,364' 7.3 57,269,342 + 44.9 8,776,229 98,393,261 4,675,619 100,548,554 44,743,992 7.879 522 + 32.1 7,364,050 6,954,102 4.8 417,651,346 12,343,877 398,959,832 3,575,821 — + 4.7 — 2.7 4,584,674 + 1.5 9,411,846 9,988,469 — 4.1 810,322,199 686,087,739 3.3 14.498,399,383 12,381,401,589 3.2 7,629,983,150 6,214,883,929 11,368,567 34,734,397 —10.0 129,142,214 3,921,876 San Francisco 0.2 —17.1 — Twelfth Federal Reserve District—Sa* FraaelM#— Washington—Seattle — Grand Outside Total (12 cities) + +'14.2 307,216,088 Dallas 2,867,619 : 17,054,167 Jersey—Montclair 7,337,319 1.6 Eleventh Federal Reserve District—Dallas— 4,683,283 — 25,321,271 12,113,352 1,779,462 Connecticut—Stamford 11,469,409 384,108,754 325,544,037 11,333,678 2,275,976 — York— 7,242,429,341 _ 143,373,706 415,631 7.6 2.0 — — 6,401,581 - —— 3,230,880 1,927,404 1.8 - ;; — Syracuse—— New • 6,154,611 3,444,284 485,944,116 + 510,52G,847 Colorado—Colorado 949,002 2.7 3,385,052 w 69,733,201 11,243,231 13,094,677 ! City Louisiana—Shreveport New York—Albany.— 6,912,006 237,829,977 1,735,643 + 24,600,580 625,577,122 2,083,197 444,281,967 3.4 599,042 St, Joseph 451,444,694 — + 1,462,256 Total (12 cities). 93.982,886 102,215,884 5,025,123' 13,170,913 141,094,502 7,429,319 Missouri—Kansas 1,447,618 2,145,301 29,429,500 Wow Hampshire—Manchester / 8,8*49,368 24,166,817 Rhode Island—Providence ' —10.6 *475,000 6,726,397 Kansas—Topeka 3,659,528 6,654,019 : _ 246,000,000 " 439,869,555 Omaha- ' Connecticut—Hartford ' 7,391,799" 326,365,240 92,278,296 8,489,143 3,932,734 4,593,502 —10.0 4,037,238 4,492,656 Lincoln $'; : $ 3,925,184 1,009,867 y 13,616,570 Wichita fll:. ' Tenth Federal Reserve District—Kansas City— 1946 1,967,560 9,005,698. „• ♦- 604,532,035 —25.5 114,172,095 8,492,164 Hastings - 587,115,010 — 102,771,781 Total (7 cities) 6,214,883,929 6.5 2,203,300 I Springfield 3,568,194 12,381,401,589 — 1,637,466 ■ —,— 7,811,482 9,736,407 6.8 300,252,913 Montana—Billings 1,857,012 2,280,045 ; District—Minneapolis— _ 686,087,739 810,822,199 Inc. or 2,128,999; ' '■'* 321,000,000 1,954,657 Nebraska—Fremont 532;77tf,9l0, 526,899,410 —• ts 976,768 5.4 — 4,462,361 Louis— 138,430,808 242,676,835 3,783,991 —; 5,270,641 1.6 —13.2 123,563,270 . North Dakota—Fargo South Dakota—Aberdeen 1,735,445 River - 7.2 5,366,663 301,900.000 — St. Paul 417,704,279 316,493,125 4.1 $ lfts'sachusetfcs—Boston—: • 3,714,116 2,754,903 69,222,266 95,027,993 5.3 I~ Minneapolis First Federal Reserve District—Boston— ifi': Fall 13,598,933 79,072,456 113,023,531 6,239,674 ; * a 64,044,281 —17.0 7,506,331 Minnesota—Duluth Week Ended Oct. 22 Portland 176,837,785 —10.1 J Total {4 cities> 444,281,967 1949 Maine—Bangor 2,688,653 + + 482,668 1,161,864 Kentucky—Louisville statement showing the figures for each city for the ♦ 142,805,818 8,270,605 9,825,818 4,655,936 5,014,254 58,187,000 Tennessee—Memphis Illinois—Quinc.v week ended Oct. 22 for four years: Clearings at— 2,081,756 8,435,000 10,342,000' 165,154,090 3,253,659 232,552,622 69,853,797 0.1 t 844,911,538 604,532,035 — 2,470,109 3.9 602,793,891 3.6 — — 150,911,753 -——— Helena Total — Dlstriot—Chicago- 396,893,253 663,272,138 — —18.2 742,880,671 Eighth Federal Reserve District—St. 699,540,-704 4.5 r«980,0C9,391 + 21,583,100 3.929.973 434,023 Decatur— 824,167,443 4)5 — 6,861,834 ChiCagO 6,361,703,857 i. —3.7 — — 142,978,998 Orleans Sioux City 523,824,491 8.5 18,776,779 80,604,206 232,100,000 4,854,778 Indianapolis Missouri—St. 1,056,452,681 505,846,142 3,776,573 92,200,119 123,598,881 IITD Illinois—Bloomington an 7,116,130,503 78,690,051- Des Moines— * 10 :•;? 12th San Francisco . 85,705,448 80,382,332 269,600,000 Wisconsin—Milwaukee $ I 2.922,331 11,235,618 169,186,661 4,122,608 239,688,873- Iowa—Cedar Rapids— 1946 $ 3.6 11 699,540,704 18,193,133 Springfield!-)——.^:.:: 1947 or .12 Philadelphia 873,995,983 South Bend-——Terre Haute— ROckford 0.5 8.5 256,745,686 " Peoria Dec. % + 256,344,093 — ■ Total (17 cities) ^O- Inc. 6,066,673 318,678,983 963,692,849 — District—Atlanta Lansing.—; Indiana—Fort Wayne- CLEARINGS 1949 Federal Reserve Districts 5,90Q,037 Grand Rapids by Federal Reserve Districts: BANK 4,033,393 —14.8 Michigan—Ann Arbor a and in the San Francisco Reserve District of 4.1%. In the 5.076.972 143,109,795 263,430,008 28,370,000 528,383,509. Seventh Federal Reserve increase of 0.5% but in the Kansas City Reserve District the totals show a decrease of 10.5% 5,809,578' 187,912,260 323,291,732 2.7 , Total (10 cities) The Chicago Reserve Dis- District Reserve L ■ Mobile loss of 3.7%, the St. Louis Reserve District of 3.6% and the Minneap¬ a Reserve are 3.7 9.9 2.6 (6 cities) Louisiana—New smaller by 8.5% but in both the Richmond and are ! Columbia—Washington 3.2%, the bank and in the Philadelphia Reserve District of 0.7% land Reserve District the totals + + 18.6 3,593,935 Macon We group the cities accord¬ that in the New York District (including this city) appears 34,568,500 5,299,078- —13.6 — 6,776,262 346,427,780 Mississippi—VicksbUrg ing to the Federal Reserve Districts in which they are Ideated and from this it „ 7,256,636 190,579,596 372,784,997 2,390,126 10,793,995 169,154,319 Alabama—Birmingham decrease of 3.3%, the aggregate of clear¬ loss of 3.4%. a 824,16^443 _ Florida—Jacksonville present further below Outside of this city there was' a loss of clearings at this center having recorded 1,056,452,681 295)137)903 Nashville ings for the whole cotlntry having amounted to $15,046,875,871 against $15,554,244,945 in the- 3,642,242 District—Richmond- Georgia—Atlanta Augusta final and'complete'rfesults of the week previous — the week ending Oct. 22. Fof that week there 3,096,546 0.7 Tennessee—Knoxville press, has to be estimated. cases we 1,919,641 3,570,311 7,536,875 882,045,325 Sixth Federal Reserve them today, inasmuch as the week Accordingly, in the above the- last»day of the week ; in all r 1.5 1,096,161,453 ™ Virginia—Huntington. —20.7 not available at time of going to are 2,621,985 6,099,604 5.813,184 5 414 q 15 Maryland—Baltimore —11.9 Complete and exact details for the week covered by the foregoing will appear » 2,205,203 4,697,641 — 8,119,928 -I'll Carolina—Charleston $13,523,378,581 $15,436,877,736 — 2,585,486 4.6 —20.2 — 6.0 Richmond South • Total all Cities for week: 796 000,000 10,246,671 Virginia—Norfolk 2.3 — 817,076,243 - 1,021,000,000 4.0 8034314 (7 Cities) District of All Cities, one day 769,549 0.7 + 13.9 + 33,637,700 Fifth Federal Reserve —24.8 $10,213,476,930 $11,894,843,328 (Ten cities, five days 822,124 —22.3 215,312,729* f 2,642,239 1,157,111 + IZ™ —19.1 354,144,221 —" 6.8 9,251,405 f Pennsylvania—Pittsburgh 1.0 Cleveland 4,060,944 5,307,288 6,272,769 Mansfield 8.0 326,775,000 li — 3,078,893 19754577s Youngstown- 288,800,000 2,919,471 335,981,949 Coeiumhn« ™umbu —14.9 265,800,000 1,054,000,000' — 1,088,898,987 (11 Cities) Cincinnati • ' Boston - 3,594,675 Fourth Federal Reserve District—Cleveland— 9.0 868,000,000 Chicago. , 1948 1,185,809 928,557 1,049,877 3,156,212 3.4 9,625,903 Clearings—Returns by Telegraph Week Ended Oct. 29— 1946 10,682,735 Jersey—Trenton Total + •' 2,456,886 Delaware—Wilmington New —18.7 g 999 970 ; VOrk— A: 1947 —21.3 1,140,570 1,091,761 3,325,793 5,064,613 Wllkes-Barre Oui: comparative 1,469,775 926*73?^ ™™nto" At Dec. % 1,128,932 —3,350,043 ' .1,047,000,000 ——* Philadelphia Reading | $ 1,157 376 ~ Chester Our preliminary year. Friday of 16.9%. for the week follows: summary ■ Bethlehem -"1 Inc. or $ District—Philadelphia— Pennsylvania—Altoona n0®,5 1948 -V , Third Federal Reserve ago. year Saturday, Oct. 29; clearings !ings will be 12.4% below those of the corresponding week last this center there a possible to obtain weekly clear- i •total stands at $13,523,378,581 with telegraphic advices from the chief '-cities of the country, indicate that for the week ended - Week Ended Oct. 22 1949 ■v Dank X 43 — 3.6 7,116,130,503 6,361,703,857 Total (112 New York •Estimated. cities). -—-— JNot available. 7,804,446,530 44 COMMERCIAL THE (1736) FINANCIAL & CHRONICLE Monday, October 31, 1949 * Foreign Exchange Rates Ambassador daily of the Treasury the buying rate for cable transfers in the different countries of the world. We record for the week just passed: Pursuant, to the . requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies Bethlehem a Consol. 1949 TO OCT. 21, OCT. V Noon Country and Monetary Unit ' $ ' .297778°' .297778° .206949° .206949° .174502° .174562° .174562° .174562° — .138958° .138958° , ■ .174562* *.138958° 2.231739 .019955 .019950 .019950 .019950 .010950 054406 .054406 .054406 2,231739 .019950 019975 account notes" "bank cruzeiro .045406 1 1 1393 1 1295 Dec 1 1495 1977——Dec 1 1599 mtge. 3% (M. A.» Co., $4.25 preferred stock Terminal mortgage 3%% bonds, series due A, Regulator Co.— .054406 1299 1299 1960_Nov 1 14 Nov 1 1499 Nov 28 * Ry+ 1st mtge, 5s, due 1951_Nov 1 1302 1 1302 Nov 1978 National Vulcanized Fibre Co., 4)4% debs., New Bedford Gas & Edison Light Co.— Portland due notes, Rumford & Service Falls Electric Gas & .909090 .909090 .909090 .903281 .902500 .905625 ..904062 208000° .208000° .208000 -.208000 .203000 020060 .020060 .0200(50 .020060 .020.69 preferred stock Twentieth Century-Fox Film Corp., prior pfd. stock 144938° .144938° .144938* .144938° .144938* Union 002862° .002862* .002862 .002860 .002859 Wisconsin Public Service Corp., 1st mtge. 208200° .208200° .208200 .208200 .208200 115717 .115717 .115717 .115717 .115717 263100 — .263100 .263066 .262925 .263000 2.772896 2.772896 2.773102 2.773102 .909090 3% debenture bonds, due 1963— Raymond Concrete Pile Co., $3 preferred (Metropolitan), franc of, Dominion India, Mexico, rupee peso ______— _ 1 .140154° .140154* 497340 .497340 .497340 .497340 Sweden, .034800 .034813 .034820 .034810 .140154* .326125 .325875 .325875 .193355° .193329° .193329° .193329* .230600 230600 2 2 Africa, pound pound sterling peso — Uruguay, peso — <—■—, —— .230600 2.800898 > 2.800937 ■:>" * *>« 00 00 -v 00 <1* 0 gold <■* »•> Reserve Banks Combined thousands * u Increase crease ( +) or de(- —) since d $ " ; 22,774,431 F. 1,998 + 545,887 certificates 2,667 > , 12.369 137,837 + 4,665 279.043 15,924* — advances——. 590,927 1,571 + — 18 969 Industrial loans 85,073 ' 23,320.318 gold ctf. reserves and 676,000 — R, notes 162,477 167 — U. 8. Govt, securities: 3.794.924 Certificates Notes —1,723,227 258,500 5,771,900 Bills 4,000 — — 298,100 - Pag« 31 Nov 3 1489 CALLED purchasing 390,169 reporting member banks or $101,000,- was 000. Holdings of Treasury certificates of indebtedness increased $123,000,000, increasing in most of the dis¬ tricts. Holdings of United States Government bonds in¬ creased $53,000,000 in New York City and $86,000,000 at all reporting member banks. Demand deposits adjusted increased $208,000,000 in City, $111,000,000 in the Cleveland District, $46,000,000 each in the Boston and Kansas City districts, New York and by smaller amounts in most of the other districts. United States Government deposits increased in nearly all districts. 581,000 A summary of the assets and bds., due due 1959_Dec 1961 1961 1390 Nov 3 1491 Nov _ 3 1491 878 397 1 * Nov 25 * * mortgage mortgage bonds, bonds, 3V4% Electric Power Co.— series, series, 3Vi% due due 1970_—1973— 1st mortgage 3J/2% bonds, series A, due Montreal Refrigerating & Storage, Ltd., 5% carrying United States Government securities decreased $209,000,000, largely in New York City. -+3,144,482 7,538,200 Bonds Loans to brokers and dealers for net increase at all Oct. 27, 1948 Oct. 19, 1949 1949 Assets— Discounts ISSUE 1 Kansas *9 Holdings of Treasury bills increased $84,000,000 in New York City and $48,000,000 in the Philadelphia District, but they decreased in most of the other districts; the dollars) of Oct. 26, • 1340 1 Otis Statement of Condition of the 12 Federal cash 1 Dec Elevator Co., 6% Co., Oil United Total 1339 bds., due 1977-Nov 1978 Jan Union Other 1 due 1195 Nov Thomson for Dec bonds, bonds, due 1961, series B„ Associated Telephone <& Telegraph Co.— 25-year 5%!% debentures, series A 1st 09 oc ♦•Temporarily omitted. fund 3% gold bonds, 1st Uruguay, peso Redemption mtge. Fireproofing Co., 7% preferred stock Steel Castings Corp., 1st mtge. bonds. Indianapolis Power & Light Co.— :: »o U (In 1538 General 2.783750 2.800859 2.783750-f 2.800937 800898 — rate. 23 General .230900 2.783750 .230700 2.783750 Closed 783750 Uruguay, peso •Nominal 1401 Nov Date 1st 1st mortgage debenture stock and Associated Electric Co., 5% bonds, due 5% .326125 krona Kingdom, Co., 5% 5% —— —. Switzerland, franc Uruguay, 1 1 Algoma Central Terminals, Ltd.— 193312° Union of South Terminal ENTIRE 326125 dollar,. Settlements, Nov _Nov Company and Issue— .497340 034800 Portugal, escudo United .140154° 140154° Philippine Islands, peso Straits Closed 772896 krone Norway, Nov stock convertible — — guilder Zealand, pound Netherlands, $3 — Denmark, krone France 1493 Co.— 900312 - ——— Ceylon, rupee _. Czechoslovakia, koruna » 1294 Oct 31 1st mortgage 3s, series B, due series A, due 1973 Poll-New England Theatres, Inc.— ; 1st mortgage bonds, due 1958 .019950 1392 1493 Co.— ' 2.85% debentures, due 1963 Narragansett Electric Co.— 25-year 3% .019950 - 1st 15-yr. 909090 Official Free Gold 1976_Nov 1493 Public Canada, dollar— New 2.231573 019975 franc Foreign .297773° .206949° •; .138958° .138958° V 2.231573 Closed 231573 i f. 1491 bds., series J, due , Co.— Minneapolis-Honeywell $ $ .297778° .206949' pound Belgium, Oct. 27 .297778° Special 1182 15" ; . 1 2 1 1 Jacksonville Oct. 20 "B" Preferential Australia, Oct. 25 .200949° Preferential 158(1 1 Hanna "A" Basic Brazil, $ $ Argentina, peso— Oct. 24 1 Nov 11 West 42nd Street. Inc., 1st mtge. leasehold bonds—Nov Firestone Tire & Rubber Co., 3% debentures, due 1961_Nov Goodrich <B. F.) Co., 1st mtge. 2%% bonds, due 1965—Nov 1 Oct. 22 2%% . Page 1952— Nov Paper Corp., Ltd., Corp., Eastern New York Buying Rate for Cable Transfers in New York Value in United States Money Oct. 21 + due stock series E bonds, due 1973 Nov 3Vi% 1st mtge. bonds_Jan 4% debentures, due 1962—_Nov Power Corp., 1st mtge. 3'As, due 1961_Dec Dodge Mfg. 1949, INCLUSIVE 27, 1st & gen. preferred 5% 30-year Power Consolidated FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1920 RATES CERTIFIED BY EXCHANGE inc. bds., 1st mtge. Corp., Corp.— mtge. Connecticut - FOREIGN Steel Date Inc.. East, Viscose American to the Secretary give below PARTIAL REDEMPTION Company and Issue— Ltd., Co. Power 3% and 4% Oct 31 1602 Nov 15 1640 Nov 28 Jan 1 Nov 3% debentures—; serial debs, Transportation United Rys. 4% collateral West Penn Electric Co.— 7 15 1396 1st pfd. stk._Nov stock California of & preferred —Nov 25 1966 1967 due 1601 • Co.— trust certificates - 698 6% cumulative preferred stock-— Nov 15 1539 :1 % cumulative preferred stock—.. Nov 15 1539 Dec 30 1539 Nov 16 ,1641 1951—Nov 2 1340 Class West 1st stock— A Virginia Water Service Co.— 3'/4% Electric mortgage Westinghouse •Announcement in bonds, " due . 1966- 2','8% Corp., .. due debs., this Issue. Auction Sales Transacted by Jenks, Kirkland & Co. in Philadelphia, on Wednesday, Oct. 19: Shares STOCKS 10 Bellevue 100 Stratford Jenkintown 3 Co., Bank & $ per share 31 common Trust Co. South Philadelphia National Bank Central Packing Co., capital 1,600 25 29 $825 lot $10) (par (par —. $20) liabilities of reporting member banks follows: S. Govt, securities. 17,403.124 262,500 —5,838,878 securities.. 17,541,930 246,558* —6,001,522 Total U. Total loans DIVIDENDS Inc. (+) or Dec. (—) Since Due from F. R. foreign banks Notes Uncollected Sank and items - 10,385 — — 475,566* 2,556,203 32,965 34 124,386 4,989 43,931.976 699,080 premises Other assets 14 — 35 127,096 banks... of other Assets— 23,801 109,997 698 + — Oct. 19, 1949 70,372 Loans assets and Investments—Total chasing notes Reserve 23,192,446 —■ 76,262 — 806,465 Member U. 8. Treasurer — acct. 373,541 Foreign Other + 56,654 —1,150.831 + 38,032 + 173.063 16,757 + 102,694 549,701 — Other —3 861,966 16.098,000 acct. gen. 307,087 613.617 bank—reserve ___ — S. 17,634,859 deposits Deferred availability itemsaccrued divs. 2.265,356 12,884 Other liab., incl. 43,105,545 229,158 __ —4,737,040 < — 398,343 — 970 + 702,793 — 147.574 — ^ 2,404 and and Government for estate Surplus (Section Surplus Other 50 466,711 7)__ (Section capital : 13b) U. 175,002 7,158 521 S. 18,522 3,663 + 55,293 + 327 6 + 250 — 1 — 448 + 6 Ratio of serves, note gold to certificate- —5,612,510 5 + 334 + 325 + 4,209 + 101 7,399 + 123 i,i40 + 15 — 26,269 indebtedness + 86 + 5.023 Reserve Banks + 780 with domestic banks ' + ;. ■ 57.1% + 0.4% + 8.1% purchased for foreign correspondents 15,289 + 16 Government 1,877 Commitments trial to make 90 7 + 1,479 indus¬ loans — . — 2,309 1 + S. American Automobile + 1,209 V: + + 6 * — Govt, ID figures prior American Metal, 0% 67 American Meter Redemption Gaits and Sinking Fund of weekly reporting member banks of the Federal Reserve System in leading cities Below will preferred including be found list of corporate a bonds, note®, and common stocks called for redemption, those called under sinking fund provisions. shows the following principal changes for the week end¬ ed Oct. 19: Increases of $325,000,000 in holdings of United The date indicates the redemption or last date for mak¬ States ing tenders, and the Government securities, $315,000,000 in reserve balances with Federal Reserve Banks, $455,000,000 in de¬ mand deposits adjusted, and $136,000,000 in United States Government deposits. J*" Commercial, industrial, and agricultural in¬ creased in most of the districts and a total of $81,000,000 at all reporting member banks; the principal increases were $17,000,000 in the Cleveland District, $14,000,000 each in the Atlanta and Chicago districts, and $12,000,000 each in New York City and in the San Francisco District. loans the current were number gives the location in volume the page dividend details (except where indicated) given in the "Chronicle." in which ; Company and Issue— •> Chilean 5% Hotel Nitrate & Iodine < Sales —Nov St. debentures, due 1968— George Corp., 1st mtge. 4s, due Pennsylvania 3 ° —Nov 14 Corp.— Whe-elabrator 1950. Co.— 40-yr. guaranteed gold trust ctfs., series E, due 1952_Oct 31 Republic Petroleum Co., capital stock Nov 8 • I Co. 10-31 12-24 12- 12-24 12- 12- & ccnv. Co., Corporation preferred 2 preferred Ltd. 11- 11-30 11-15 11-30 11-10 11-30 11-10 3 2-24 11-21 32-15 11-25 75c 12- 1 11-10 50c Equipment 12- 1 11-15 30c 12-1 11-19 (s-a» (Ordinary) — J (quar.) preferred 7% 2nd preferred 2 11- 2 12-15 11-15 15c (quar.)____ 12-29 32-12 12- 50c (increased) 93 %e — $1 ± (quar.) 12- 15c pfd. 6% 4 Co.— (quar.) Gas, 1st com. •' ■ : 1 11- 7 12-15 12- 1 12-15 12- (quar.) Z-" — 1 — 40c 12- 1 11-10 $1.50 .12- 1 11-10 $1.75 12- 1 11-10 t22%C (quar.) 11- 1 11- 1 Telephone Co., Ltd.— preferred preferred & 2 11-25 11-15 a5% Natural 1 60c (quar.) _____— Armstrong Cork Co., common $3.75 preferred (quar.) 5% 11-17 10% . Arkansas Atlanta 12-15 11-15 12 V2C (quar.) Interim 4Vs% 11-19 30c Y.) Foundries—— . Associated income 1 25c ___ 6% Page 12- 25c Corp. Associated Dry Goods Corp., Date . American $4 .NOTICES OF TENDER (N. ; Tobacco Oil 11-30 $1.75 (quar.) Steel Argo 1 12-10 25c Co. Oil 1 12- 25c Co. Razor 6% 1 12- 12-15 Sanitary— : Metal, 12- 12-15 ' Re-Insurance Anglo-Iranian 11-18 12-15 $1 ... —— Safety 12-15 20c __ : Sealing Ampco 11-15 30c _ Standard & Extra Initial 11-14° 30c Co.— nfd. (s-a; conv. American statement 11-14° 1 75c _ Foundry American The condition 1 12- $3 (quar.)— American Stock 1 12- 9 10c (resumed) (s-a)_ — preferred American revised. & (quar.) Special 12- 10c Co Radiator 7% 11-15 10c Co Pulley 23,910 1 50c (irreg.) preferred 263 4,193 12-15 12- 11- — . Common 11-15 40c Louis; - common Extra American •Oct. (St. (monthly) preferred Insular Co., Machine 11 1 11-15 Company— non-cum. American accounts, during week Co. 12- 1-20-50 $1 ; Convertible 4 11-15 75c ____ American 40 Ins. Extra American 11- 1 37'/2c iquar.)_ —; Products 12- 34%c (quar.) tquar.)__ Home Ice Holdert 11-15 13 %c — common Quarterly American 380 deposit accounts, except U. pari iquar.) Corp., preferred 6% 260 , — 121 and ($25 Co. American 9,389 1,362 demand preferred 5Vs% 4% (Increased)—. Corp. par)" (quar.) Kid 1,237 When Payable of Rec. 12c Corp.— ($10 Stores — 136 ; Foreign banks interbank + U Borrowings ances 3,153 2,791 table in are: Share preferred Allied + 455 to Foods 5'/2% Allied ■ + Debits Airline Radio 560 40 ' second Per Aircraft 543 — 47 46.738 deposits adjusted deposits, except Government S. a Name of Company 2,955 24 Demand U. with declared. + 315 — 2,310 , follow we previously announced, but which have not yet been paid. Further details and rec¬ ord of past dividend payments in many cases are given under the company name in our "General Corporation and Investment News Department" in the week when American ''' Then show the dividends + 9+682 — 12,276 vault Domestic banks accept¬ 42 2.8'7 — deposits Interbank demand deposits: R. combinedon 699,080 re¬ deposit and F. liabilities Contingent liability — 242 + Time 43.981,976 + +17 37,625 securities—Total. Federal week. we 31 4,211 with current 37 11 + 182 of In the bring together all the dividends announced the we which grouped in two separate tables. are The dividends announced this week 4,244 Liabilities— + 209 + 185 bonds In — 664 loans Balances 27,543 accounts + + + 1,727 obligations loans Government Reserve 207,175 — for bills Treasury certificates Treasury notes Cash paid in 81 pur¬ Other securities Capital + agricultural dealers securities Treasury —5,693,483 Capital Accounts— 684 Loans to banks S. '743 — Other securities U. 4 143 — 84 purchasing or carrying: 8, Government obligations U. Real + 84 carrying: or loans Other Total Industrial, brokers Other Deposits: 232 — — 13,647 to U. Federal <. + Dividends first 24,102 loans Loans ,* 1948 23,791 Loans—gross Liabilities- 1949 66,439 Loans—net —5.612,510 Oct. 20, (in millions of dollars) Commercial, Total Oct. 12, West (quar.)—, 1 quar.I Point 1602 Automatic 1302 Badger Paper Mills—. Canteen Co. RR of J25c __ 50c —— America (quar.)... i 12-15 25c 12- $1 10-15 10-15 12- 5 1 11-15 12-21 12-11 Volume 170 Number 4851 THE Per Name of Company - Inc. Baltimore Radio Bankers (W. H.) Bastian-Elessing (N. Y.) 5% 7% Corp., Iquar.) 6% preferred Booth Mills class A Watch 1-3-50 12- 2 25c 11-15 11-10 4% $1.50 12-20 12-13 Hanna 11-24 11- Co., 10-21 Havana 11-25 10-31 Hewitt-Robins, 11-15 10-31 Heywood-Wakefield 12- 11-21 25c $$1 12-15 11-10 11-1 10-25 5% 11-1 10-25 1 11-7 Hunt 12- 9 11-15 12-31 13-23 20c 12-15 11-18 40c 11-23 11-15 11-10 11-10 Inland 12-10 11-10 Insley $2.50 .12-15 . 12-1 11- 1 10-25 ________— 433Ac 11- 1 10-25 ^ ^ (quar.)___ 27Vic _______ 33V3C 10-31 International 10-31 Iowa 11-15 ■ ' 50c Canada tlOc (quar.)____'___tl5c 10-31 .12-15 11-15 Class A 75c common——.——."—A & 1-3-50 Foundry, Ltd., com. (quar.) .%"■ —.I—— _r Canadian Exploration Co. (s-a)____—— $20c 11- Canadian 725c 725c 12- Fairbanks-Morse Co., Ltd. (quar.) Extra L Canadian Central Utilities, Vermont Central Violet LesS 5% tax Aircraft of pfd. Service Sugar Co. S. a Cuban Cessna Ltd., Public — 10-28 8 7/10c____— $1.50 V1 CloroX Chemical Co. iquar.) Colorado Cent Tf. 1 Bo we f(quar.) __ ____________ preferred Connecticut Power Co.— 11-12 1-2-50 12-15 11-29 Consumers 11-10 12-1 Power Co., 10-25 : 1 11-10 1 $4.52 preferred (Del.) 10-28 12- 1 11-15. 12-15 50c 3'A % > 11-21 1-3-aO Continental B 1-3-50 12-9 45c 10-31 10-24 Can Co., 25c 12-15 11-25 12-15 11-25 93%c (quar.) common $3.75 Coro, preferred Inc. iquar.) 1-3-50 12-15 ' ^— (quar.) class A Cosmos Imperial Mills, Ltd —: preferred $2 Crown $4.20 ' 1 $4 prefeired 2nd 12- 1 3c 11-15 11- 1 Nest Cunco Press. 3j/2% 25c (quar.)__ Inc., 12- 1 11- 12- 1 2 11- Delaware (year-end). Match 11-15 11- 4 1 11-14 Extra" 12- 1 11-10 12- 11-10 •• $1 1 ■ - Extra / McArthur < 12-15 5% 11-10 McCord 12-1 11-10 $2.50 12- 1 11-10 6% partic. preferred (participating). Dominion-Scottish Investments, Ltd.— 5% preference (accum.) Donohue Brothers, Ltd— Dow Chemical Co., common $4 iDe 2nd 40c preferred 2'/2% - : 1 11-15 Boat ■ Co._____—; Furnace, Walker class Dry guaranteed Employees Credit Corp., ; . A____ preferred iquar.) prior preferred (quar.)—___________ Engineers Public Service (liquidating)—— vania Paber. state Coe & Fairbanks *11-18 10-20 11-10* 1 -7 , . Monsanto 10-31 10-31 11-15 11-15 ; 11-10 10-31 "11- ! 1 Co 12-10 11-30 ' 50c 12- 11-15 $1 12- 1 1 11-10 50c Co 12- 1 ..^11-15 12- 1 common (initial 11-15 -'x-r- quar.) 25c Extra 10c 4'/z% Power Corp., common preferred iquar.) preferred $1.12'/2 (quar.)_ : "Tl-10 11-28 1L-10 1 • 43A% 11-19 12- 1 11-15.-x Trailer Co., common Fuller Brush Co., Class AA Gamewell (quar.) class A (quar,) (quar.) Company $1.25 (quar.) 11-15 50c 12- 1 $1 12- —,—25c 11- 1 $1 11- 1 11- F — 11- 1 1 National National National 25c 11-15 "" i 11-16^11-16 - 10-20*-.. (quar.) _____ Royal 11-15 12- 2 11-15 8 11- 1 11-18 11-30 11-15 11- 12-15 •Vs. Electric 12-20 pfd. A Linen Service preferred Corp., com. (qual\)_ Steam Cotton (William), Ltd., * Co 5% pref. (quar.)__ Secord 11-17 10- 11-30 1-3-50 12- 9 12- 9 $1.12'A 25c 8 $1 • (quar.) 3 11-15 1-3-50 4c 11-20 $1.18% quar.) common 50c (quar.)___ 30c $1.25 12- 1 20c 12- 8 11- 1 .-A Co. 45c 12-12 11-15 20c 12-15 11-15 50c 11-15 11- 35c 12-16 11-25 preferred 12-15 12-30 12- 12- 1 11-11 12-20 12-10 12'Ac 3'A% preferred 4.20% 11-15 ___. 12-15 12- 11-30 11-16 40c 12-19 1-3-50 12- 1 9 12-23 10c 11-10 10-28 50c 11-18 11- 9 12- 1 11- 9 11-22 11- Solar Aircraft 90c $1.50 Southeastern Southern 4,88% 5% (quar.) — 4.04% 2-1-50 11-14 — — (irreg.) preferred $4 preferred 10-29 10-24, 12-10 11-18 87'Ac 12- 1 11-10 $3.50 12- 1 11-10 12- 9 11- 4 12- 9 11- V 22'Ac 11-15 4 10-31 12-1 11-10 30'Ac 11-30 11- 5 10-26 $1 12-15 11-15 $1.25 12-15 11-15 common (quar.)—— (quar.) Service, com. $1.37'A Co. (Dallas) 6% pfd. 1 11-15 20c (quar.) —__ 12- , 12-15 12- $1.10 11- 1 10-20 3 — 40c 1-13-50 $1.50 12-15 12- 6 25c (quar,)^ common 12-14 11-25 1-11 $1 2-1-50 $1 2-1-50 1-16 (quar.)—_ 30c 12-15 11-15 — Inc., preferred common 25c 12-15 11-15 Oil Co. 87'Ac (quar.) of California 12-15 1-16 12- 1 $1 12-10 11-10 Railway Equipment MSg. (quai',)_ Standard Steel Spring Co. (increased quar.) 25c 12* 1 11-18 25c 11-23 11- 50c 11- 10-21 21c 11-18 1 11-10 Suburban I 10-13 10-24 11-30 (quar.) (quar.)—— 12- Inc Briquet Co., Inc„ $2 Sun 0% (quar.) —* conv. pfd. — (quar.) 40c 12-10 1 11-15 5 - Propane Gas Corp.—* quar. — — Transit Tampax, Inc. llr 4 5c (quar.) 1 11-15 12- 1 11-15 50c 1 Corp.— 12- 37'Ac Ray Drug Co., common preferred (quar.)— Syracuse 12-15 12- 10^13 10-21 10-29 10-31 Sterling Brewers, 11-25 10-31 11-15 1 12-12 A Stott 12- 1 11-15 35c Electric Co 11-15 Taylor & Co. 11-10 Texas Fern Gulf ; (quar.)— Producing (year-end) 11-29 11-* 9* 51 —-— Extra Tampa 1 11-15 12- 10-21 6c Extra 5 11- 12-15 50c Insurance Brands, 11-10 11-15 1-3-50 — — $4 Standard 12- 25c 11-18 (quar.)— _x—— Co. Withington Co., (E.. R.) & Sons, 11-10 12-15 11- 1 30c — (quar.). Life 1 12-15 1 1 12- $1.50 x__ — Lines Plastic Gas Electric 12-10 1-3-50 7 12- 25c (quar.)_ preferred 12- 1-3-50 1-18* 1-18* 11- $1.05 Quarterly Sparks Standard 1-3-50 9 11-15 37'Ac iquar.) Standard 10-19 11- 11-30* Edison— California Natural Southwestern 6 11-25 $1 37'Ac common—_— (quar.)— preferred 7 11-18 1 12-12 $1.50 Greyhound Southwestern 12- 1 11-10 Carpet Co.— preferred California non-cum. 11- 10-29 11-23 12- 2-1-50 62'Ac , Southwestern Associated Telephone— $5.50 preferred (Initial quar.) 11-30 12-15 11- $1 ——— Co. preferred 1-13-50 12- 11-25 Co.— convertible 1-13-50 12-20 11-15 10c 40c 6 11-15 11-10 50c Extra 8 12- I r 11-25 7c (quar.) Oil Southern Railway Co., 11-10 11-10 2 12- 9 75c quar.) (quar.)— preferred 12-20 1 11-11 30c Southern 1 1212- 85c & Sons .Southern 12- 1 1-2-50 25c (Increased (quar.)— 11-21 12- 1 12-15 $2 (quar.) 11-25 1-3-50 12-15 50c common 12- 50c 11-15 $1.12'A (quar.)— 12-16 2 1 12- 12'Ac (quar.)_______ Chemical, (Alexander) Socony-Vacuum 1 5 12- 1-3-50 of Louisville— (quar.) Agricultural 6% 11-30 11- 11-15 11-15 11- 1-3-50 50c Yards, common iquar.) participating preferred (quar.)—_ Common 11-30 11-15 1 1-3-50 $1 (quar.)_. Co., preferred ' 10-20 12-20 1 12- 11-15 25c City Stock Smith 1 11-15 " 12- 11-10, $1.25 (quar.)__ —_ $1.50 12-15 11- 1 $1.25 common Candy Shops, Ltd———$20c Banknote Co., $1 pfd. (quar.)_ 25c Inc.. $4.50 preferred (quar.) $1.12'A Smith 10-31 - 12- 1 4 7c Surety Co. Sherwin-Williams 1- 1-15-50 1-3-50 11- Corp.— (Laura) 4% 37'Ac 8 common—23c Security Sioux $$1.25 10-15, 12- 11-15 Union Seaboard 11-18 50c (quar.) 10-31 50c 1-3-50 Co., common $4 preferred (quar.) $3.40. preferred (quar.) 1 15c 56'Ac (quar.) 15c Paper 10-17 $1.25 Vulcanized Fibre Co. pfd. . 1 $1.12'A (quar.) 11-30 10-25 12- $1.75 12-15 7v 10-26 12-15 $1.12'A (quar.) (quar,)_ 9. - Increased (quar.) 7% 12- (quar.) (quar.) Inc. $1.18% pfd, 7 1-3-50 A, 10-29 12-15 5c $4.50 11- 50c 2 Welding Machine Co.— Company, 1 • Paul 11-15 20c 12- 10-31 10-21 11-30 50c (quar.) 11- 40c _■ (increased A $1.07 common 1 1 12-30 50C 11- 12- 10-27 50c $1 11-15 50c 62'Ac $1.62'A 11-15 25c 25c Stockyards—. Savage Arms Corp Sayre <fc I%sher Brick Co. (quar.) 11-10 1 10-31 83c (quar.) G Crown Bottling 10-27 11- 11-15 10-20 1 St. 11-26 12- 1 11- J St. 11-26 12-15 12- 11-15 $1 Sagamore Mfg. Co. (quar.) Joseph Stockyards Iquar.) 3 1-3-50 11-15 ' __ Extra 11-10 11- 11-15 1 $1.25 (quar.) Ruppert (Jacob), 4'A% pfd. Saco-Lowell Shops (quar.) 5 1 12- 37'Ac. iquar.) 5%; preferred 12- 25c $1.75 Cash Register Cylinder Gas Co., (quar.) preferred iquar.) preferred Neilson 7 12-10 12- 10c J.) dividend Brothers, Squibb preferred ,.,10-20^ Naumkeag " 11- 5 12-20 1-3-50 i- 3. 12-10 25c Common 11- 5 12- Roos 11-25* 11-iq 1 $1.183A Company, preferred 40c Gypsum, National 11- F 12-15 11-30 50c common shares Lead 5 % Stock 4% 11-22: 12-31 12- 1-3-50 (quar.) (quar.) Haas & 12-31 i-ie-50 Corp Electric Co. Gas 10-15 1 37'AC (quar.)__ (quar.)__ National y4'A% 11- $1 (quar.)___ <quar.)___ Extra National 11-18 1-3-50 11-2 L Ry.— preferred A (quar.) prior preferred (quar.)__ 5% 10-24 62'Ac 1 _J_, preferred Rohm 10-24 11- 12-205 12- 30c (quar.)_: (N. 5% 2 $1 10-26; $1.75 5% 11-21 Foundation- National $1 preferred (quar.)— $1 11- 1 1 50c (quar.) Rockwood & Company, 11-21 20c B preferred (quar.) $1-19 1 ;~11-15—_ 4% 1 $$1.32 common Year-end 7% 12- 20c 1 Fruehauf 12- 12-16 11- 1-13-50 (quar.)_ Chicago common inc., preferred Rockland 11-2 12-16 A l3Ac Racing Association_________ Chattanooga & St. Louis Ry.____ National Acme Company National Biscuit Co., common (quar.)__ 4'A% 1 1 (resumed)— Beneficial 11-;,1. 12- preferred 11- 11-15% $1.75 & preferred $50c Narragansett "IT- 12- 7% (Increased) Nashville 11-15 25c Works Income 12-20 $2.50 Bridge 1 1 1 $1.50 common—-. & Gas preferred 43A% 2 12- $25c Co., preferred preferred 11-15 (quar.) _____ Freeport Sulphur Co. (increased quar.)—__ French (Fred F.) Investing Co.— Pitt 4% 4% 2 12- 10-26$ 12- ; 1st Stores, Rochester1 7 Refrigeration & Storage, Ltd.— Mutual $1 (s-a)__________—_____—__ Fort , common...,- Moore-McCormack Lines, Inc. Paper Mills__. _11-15 l2-~ 1 30c ;_ — common— 11-28 12- 11-15 IT- 11- 11-15 $1.75 prefeired (quar.) L—— Copper & Brass, InCj___.____________ Revere . (irreg.)_i_ (participating) preferred (accum. V_ pfd. 1st preferred- $1.22V2 (quar.)__t—._ (quar.) Foote Mineral Co., preferred pfd. 11- 12^*1" $5c (quar.) Chemical convertible 5% 8% Murray Corp. of America, 35c & A Montreal 10-31 • Brewing Corp.— 4.90% $4 Co., Containers, Ltd., Class 11-15 20c Modern Oil 11-18 11-15 11-28 25c 25% of Mosinee (quar.) Firestone Tire & Rubber, 5% Minute Maid Corp., $2 Missouri-Kansas Pipe Line, com. Class B (increased) 90c tax Gregg Morse Sugar Falstaif 4% 12- guaranteed—• Extra Florida Midwest 50c Fajardo New 11-25 -f-11-15 after deduction of 2'/ac Pennsyl¬ Payment x Canada, Ltd.___ Mickelberry's Food Products Co. T—-10-2 $4.50 7 10-15 $1.75 Corp 11- 37'/2C —. 7% Oil Mica Co. 12- 11- 62'Ac 7 9 11-15 5 10-25 Owl 60c ________ 7 25c $1.50 Co., (s-a) 11- 25c — Erie & Pittsburgh RR. Messer 3 11-1 43A% preferred Remington Rand, $1 11- $1 class 3 1- 11-28 11- 12- 11-23 5c 57c $1 Grocery, 4'A% 11-19 $25c (quar.)__ M.) Red Servel, common common Refining 10-20 15c (quar.)___ Oil 10-31 $37'Ac Mercury Messenger Corp. (quar.) ___________ Merritt-Chapman Scott, C'A% pfd. (quar.)_ 1- -(A- (quar.) COc preferred State non-cum. Scott - 11-2 li 11-21, Company— 35c ____________ 1 1 (quar.)____. (J. Ltd.— Co., preferred 4% 1 12-16 12- (quar.)___ Reading 12- 1-3-50 25c preferred Radford 35c 11-25 of New Hampshire— 11-15 7 12-15 12- (quar.)__ Company 11-15 $$1 common Co., preference 11-15 Co.— (quar.) A 1 ;» 11-10 11-25 12'Ac Service; vCo. of New Mexico (quar.)__ Company, common (quar.)___ Quaker 11-25 12-15 $1.06'A r_ Oil 5% 11-10 25c 75c iquar.) com. CO.—• Company___ Water 1 1 (quar.) 11-15 25c 1 25c (quar.) Telephone Oil 12- $1.25 11-15-a 25c _x___ 12- 12- (quar.)_____ 15c Co. Class B Bobbins, 1 50c 12- *. 25c Metropolitan Storage Warehouse Michigan Bumper Corp. (stock dividend) (quar.)—_—_—65c 11-15 25c 15c (quar.) Telephone— Empire & Bay state 4% A Goods 12-15 $25c _l; ____ 12- Extra 1 11-15 ,_x 15c _—______________________ & & preferred 5,% 1- *3 -- 11'- $50c 25c * —.—____ Electric $4 12-20 1-16-50 Pure 40c ______ (increased) common class Public $1.25 (quar.) 10-3L, 40c ___ 3.35% 11-10 1 (quar.)_____ preferred 1 $1.75 Gear Wayne Public Service Co. 10-25 11-15 $12'Ac Corporation, $1.50 PrestOn 12-16 $1.75 (quar.) Co., 11-18 11- Dredging/Ltd.— Company, class B 1 1 12- Co.— & preferred Meadville . 11-15 ^ 1-16-50 Company, common .preferred A (quar.) Duquesne Brewing Co.______—_—_________ Edgewater Steel Ely 12- 1 1-16-50 1-16-50 81'Ac ; 47' Electric • ——$1 (quar.) Drackett * $25c —i—_____ preferred A (quar.) $3.25 1 $62'Ac x dividend Stock 50c 12- 11- 10c Ltd. 10-31 10-31 11-30 25c Fort Extra 1-3-50 40C Co., 7% 11-10 1 25c - v ^ common 11-15 11-15 $3 (quar.) preferred (quar.) Poor 10-31 12- 87'Ac (quar.) Chemical McKesson 12- 50c 11-20 $0.07915 v_—___x 12- lv 1-3-50 37V2C (quar.) common ' 11-10 > (quar.)__— Corporation, Maxwell, Ltd. Mayer (Oscar) • /• 11-25 . common Co. preferred Quarterly Massey-Harris 1 11- 12- 35c Company, 5% 11-15 11-25 $3.50 Railroad-:ls-a)________1 Diamond -—4 $lc (quar.) 9 50c (quar.). preferred Gold Electric 15c (quar.) Shirt 50c 59%c (quar.) 29c (quar.) Massachusetts Bonding & Insurance 8 87V2C — Davies preferred Hotel, Co. non-cum Marathon 4 $1.50 (quar.)______ Manufacturing Petroleums, Ltd Deere & Company, common $5 11- 4 12- 2% ' Curtis 7% Steel Manhattan 12-13 $1 ___ preferred 11-2241 $$2 Coal 12- 40c Ltd., class A (quar.) Power & Paper Co.__ Macwhyte Company Magor Car Corp. (new York) Macmillan Company, common 11- 9* 12-15 1-3-50 $1.05 — iquar.) Co., Ltd._w---x___^_. Xv com. (stock dividend) Pass 11-29 * 40c common____-__— 12-27 $1.25 Maclaren 10-31 preferred Crow's Lukens > 50c Corp., 9 87'AC Lykens Valley RR. & Coal (s-a) Lyon Metal Products, 5% pfd. (quar.) 11-15 (quar.)_' Zellerbach 12- >'\i 11-17 10-29 12-15 Crown Cork & Seal Co.," commoll-. 11-15 $20c (quar.)___ '■'( 11-30,,, $20e 3% %r preferred (quar.) Croft Brewing Co., (resumed)—— 11-23 1 $25c preferred (quar.) common Mills, common $4 preferred (quar.) Shops ^ 11-15^ 933Ac —— Company, 1 12- 12-27 (resumed) 8V2C 1— 12- $12'Ac 2nd 11-15 Common $1.75 V F" Baltimore 7% 1 preference 12-23 25c Year-end Lord $1 1-3-50 (quar.) Shares Corp. Philadelphia Pittsburgh 5c 25c Corporate Investors, Crane Ax' (quar.) Cement 12- $( Reel, & preferred 11-30 10c (quar.)^ Star common (quar.)____ Machine 10-20 12c -Extra' Lone 11- 5 55c $i0c 1 $12'Ac Co. Extra Fund & Consolidated 12-29 $1.50 Navigation preferred Class 9 a- $1.13 Insurance & 1 (quar.) Rig preferred Perkins 10-18 60c 11-4 , 11- $1.10 Loblaw Groceterias Co., 10-28 , 25C (quar.) Trust 12- 25c Princeton Libby, McNeill & Libby (s-a) Liquid Carbonic Corp., common 11-10 11-30 $l.l2y^ Xi__—__________ 10-28 . Coal Lexington 11-15 11-15 $$1.50 Grinding Whecl___ Pennsylvania Telephone, $2.23 pfd. (quar.)__ Penobscot Chemical Fibres, 2nd preferred People Gas Light & Coke Co.: 2 Laboratories, $1.16 pfd. iquar.) Foundry & Machine Co. (reducedI__ Lehigh ■ 1 50c Life 12- $1.25 I^aura Secord, see Secord (Laura) Candy Lees (James) & Sons Co. (quar.) $37'/»c (quar.)_____________ American (quar.) 1-3-50 $3.50 Lakey 12- Co., (quar.) Corp.__ Pipe Line, Eastern $1.50 (quar.)____ 11-25 10-31 Economic $18c 11-15 1 1 Peninsular . 5 Lakeside • ' Continental 11- $1.25 ____________________. preferred Gas A Pillsbury 12-10 40c (quar.)_ common 11-15 15c 12- 56'Ac ; 1 7 11-17 (quar.) 2nd 11-15 12- Interim 11-15 12- Pato — preferred convertible 11-15 1 20c preferred $4.25 11-10 series— common Shore 5 7a 11-10 V;/; Y.)— 11- Mines, Ltd Lake Superior District Power Co., common__ i 5% preferred (quar.) O* '1212- $1.25 (quaTJ-L-.--------^----.—•' preferred Lake 4% 7% (Maine) 1 Extra 5 $1.25 (quar.) Kysor Heater Co.___________ 11-10 1™ 11- 2nd 1- 5c preferred .-77c ... 11-30 1 Year-end 6 % 11-14 1. 12-10 1 (accum.) interest Kroger Co., 1-25-50 12- •; Beneficial .. . 11-22 25C 50c X ' Ltd.f___________________ Glass, Consumers (N. * 9 12-12 12- —,65c (quar.) Co. <11- t >> 12-10 11-17 $5 prior preferred (quar.)__ Knickerbocker Fund—.. 7 -11-21 1 11-15 12- (quar.) (quar.) preferred Special , ______ Co. Stockyards Natural Panhandle 10-24 41 'Ac 45c — _______ Co. Edison Consolidated $4.50 (quar.) 11- 8 .'?/ 50c 87'Ac —Lw Stamping $6 ; f * Commonwealth Telephone Co.— $5 • ■ 1 4 30c (increased) Addison Gold Mines, Ltd. Keyes Fibre, 67* prior preferred ^ ' — City 1211- 25c _________ 12- —$1.75 guaranteed iquar.) regular guaranteed (quar.) Special - 11-15 ; % special & : 12- $1 preferred iquar.)____ (Cleveland & Pittsburgh RR.-- Shearing 11-15 1 Brothers preferred 11-10 12- $1.31'A (quar.) preferred Palestine 10-20 $1.50 ______ common Kerr 10-15 ,11-19 25c preferred (quar.).: City Baking Co. (Baltimore)—< Commercial 5% 7 Steel Corp.— Laughlin Kansas , 4% 7% Kable 10-31 10-31 1 20c preferred (<iuar.)A_l___'li- 10-31 - 1 A.— 77c 5 7c 11-28 11-25 12- Industries Parkehsburg 10-28 : • Kings County Lighting Co. (quar.) 11-15. ; 10-27 fj;. Kinney (G. R.), Inc., common (quar.)_____ Champion Paper & Fibre Co., common______ 50c $4.50 preferred iquari)______________—__ $1.12'A' Chiii Copper Co _________—50c Chrysler Corporation (increased)—____— ...\ $1,50 Cincinnati Milling Machine Co., com. (quar.) ,35c 4% & 11-21 12-16 20c Orange County Telephone Co., 6% pfd. (s-a) Finance Corp. of California (Del.) — Quarterly Corp.^— ___A_L-._x______ Estate^ Corp. Jones 11-25 11- 2c (Conn.) Co., 33A% 11-22 12- $1 -11-15 17c Co._f.u'___-_^_____i_-____i_ preferred Jones 12-1 (quar.). V; $$1.25 ; Corp.__—r_ 5Va 7c- 12-15 5% Co. 1 Scotia Olin 11-15 *1 Utilities 12-15 f20c 11-22 $25c *•' 11-22 Car A -•(quar.) Silver Southern 11-22 12- 9;*. 11-30 11-15 12- Pacific Cigar Machinery Co International Mining Corp. (resumed) 11-15' & Burlington County Ry. (s-a) Campbell Wyant & Cannon Foundry.—__ 12'Ac International V , 11-10 1 9 9, $1,12 'A common (quar.) Oklahoma 50c 11-15 • Service, preferred preferred 11-10 11-15 11-10 12- 75c (quar.) 1 11-30 Corp%'_ Machines Public 11-18 12-10 11-10 11-21 25c Western Ry. Co. Bancorporatlon 11-15 12- 11-18 11-21 50c (quar.) 1 12- $1 Co.___liU__T_j_____ Business A 12-15 $2 Manufacturing Nova 12- 75c Light & Power Co., Ltd.— 6% preferred (quar.) a Ohio Associated Telephone Co.— $2.20 preferred (quar.) 12'Ac (quar.) Quarterly 'A—_______ Stock dividend ! , 11-30 $1.25' Steel Interantional /' ' $1 12-10 5% 11-25 ; ;/ ■ 4 'A % 5'A % — dividend 12-10 ———- 1-1-15* 11-28 32c preference A (quar.) Hytron Radio & Electronics Corp.— 10c —-—- .•« Y.) Oil & Refining Co Foods, Inc., 5% preference Stock 11-25 12-15 50c x____ (N. & Northwestern 25c common 11- Co.— series 25c (quar.) $1 (quar.)——-———- $0.27937" Class Co. Chemical preferred 4% Norfolk Northwest $25c 20c~ Camden . 10-26 ___x (quar.) Ingersoll-Rand Co. Inglewood Gasoline preferred Canadian 11-15 5% 93%c (quar.)____—___________ '11-18 Humble 12- Co., B preferred 10c< ■ 11-15 1 1 11-19 $1 Nopco 1 11- 10-24 1 50c Participating stock (non-voting) Newport News Shipbuilding & Dry Dock 12- 4 11-15 11- 75c 11-25 12- l $5c (voting)__ 11-25 75C (quar.) 11- $1.25 11- Corp.— stock 12-15 25c Co., Ltd Hardart & 50c preferred Ltd., preferred Oil Horn 10c 4.40 % Foils, 5% Home 5.23% preferred 1 11-10 Shipbuilding 12-15 Co.— 10-31 Ltd. Co.— Utilities Inc. 1 Y. Founders $1 12- 6 commcn - & 11-15 $1.06 »A (quar.) 6% Electric N. 11-15 12- 11-15 60c 25c (quar.) 11-30 25c Warehouse 10-28 1 11-30 12-15 (quar.) common 11-15 1 12-15 (quar.) Storage 1 12- $22'Ac Company, common Company, $4.25 pfd. Bakeries, Inc. (quar.) Hathaway preferred Bedford 11-15 12- U-15 20c (quar.) New Calumet Mines, Ltd. (interim).. New Jersey Zinc Co. (reduced) 85c (quar.) $50c Cement,- 5% orior pfd. (accum.) £ Pacific Title Insurance Co,-^ California. Water Service 5.30% 8 40c ______ 12- 25c Co., Meter $2.40 New Payable of Rec. $1.06'A 20c Neptune 11-15 (quar.) Share (quar.) Extra 12-20 1 of Company Neiman-Marcus Co., 4'A% pfd. Neisner Brothers, Inc. (quar.) 4 12- Ltd 12-20 ____ iquar.) 1-3-50 11- $1 11-15 Manufacturing Co._ Machine Co. (quar.) V preferred $3 $12V2C —• —— 11-15 1st preferred (accum.) Hawaiian Pineapple Co., Ltd Co - 11-10* 25c (M. A.) $1 —___ Inc., 1 50c Co., preferred ——75c Power 12- (quar.) Hamilton Adding (quar.). preferred Cotton _ (F.) * 84 %c Name 11-14 (reduced) Great Lakes Dredge '& Dock Co. Hackensack Water Co. (s-a) Hamilton (quar.) Extra . 12-15 1 37'Ac common 45 Holdert 12- Hajoca Corporation —— 77c 12-15 When (1737) Payable of Rec. $1.75 (accum.) 11-17 Company, common,— 3%% preferred (quar.) ____—__—_ Buckeye Pipe Line Co.______—_ Bullock Fund. Lid. fycar-end) —___ Common 1-2-50 preferred $4 11-18 ______—— Gas $6 3%% Goodall-Sanford, Inc., 1 — Union California 1-2-50 16c Stores, B Calaveras 11-1 1 (E. L.) Burkart 11-10 11-15 12- (quar.) : Department Burroughs 11-29 (quar.) pfd. (quar.). Corp, (quar.) Castings Corp.— 12- (quar,)__ Light & Semi-annual Class Steel 35c _-i Traction, Brooklyn Paint General 60c -—.— Boyertown Burial Casket Bruce General $25c • Broadway 10-21 (quar.)——————r—i——r^-—-—-r—. ■-1 Co., Ltd., Brazilian Inc., 10-31 -—_______—_ Fund, Inc. (quar.)_— Bower Holler Bearing Co Class B Mills, (quar.)_ Boston Bowes General 11-1 _______—$1.75 —, Co.____. 11-15 1 CHRONICLE Share preferred .— common (quar.) Airplane 12- tl5c common Brothers Tobacco, Boeing L Spinning Associates Steel 7% ; (quar.)——_____ Fine preferred Bloch l'~ (quar.) preferred Berkshire Cigar, $1 Manuiaeturing, 6% pfd. (quar.) Belgium Glove <fc Hosiery Co. of Canada, Ltd. Bethlehem General $1.50 Beacon Common 7 11-22 (year-end) Co. Company 11- 50c 25c (quar.)_ (quar.) FINANCIAL Per Name of , 11-15 5c * & Holdert Payable of Rec. 10c (quar.)___ Corp. Co. Share , — Show Commercial Barber ■ * Balcrank, When COMMERCIAL 11-29 11- 9* 50c 11-15 ll- 2 20c 11- 1 10-24 50c 12- 6 11-18 46 Texas Pacific Coal Oil & Extra * - - - Tide Oil Associated Water Oil Tokheim Torrington Tank Co._ Mfg. ; (final)—— Street Air — Extra .. $4.50 prefeired (quaf.) . United Engineering & Foundry, Special preferred (Phila.) Piaying U, S. * ____ —— Co. Card United * United (quar,)—— •««•-'■—— Extra (8. Warren Ext 11- 4 II- 4 12-17 11-23 4 1 11-10 6% Auto Atlas 11-10 Ault 11-15 10-31 11-15 10-31 Plywood Atlas 11-25 Power & 5 Va % preference Alloy Aluminum 4% Co. (monthly) 4c 5-1-50 4-15 Bankers preferred Bates Bond $1.50 65c 87Vac 12- 1 11-15 Baystate Corporation 12- 1 11-14 12- 1 11-14 $6 12- 1 11-14 Beck 12-15 11-24 Innes, Beaux-Arts 1st 4%% Bell & preferred Aluminium, Ltd. Extra 1 11-15 11- 1 Iron 11- 1 Amerada 11-14 <fc Amerex Holding Airlines, American American i 5% Book ^.Special $3.50 pfd. (quar.)_ Co. Co. preferred American News Gas, Co. preferred 6% preferred 11-4 11-15 10-20 11-30^ 11- 1 10-14* llr 1 10-20 11- 1 10-20 . » 12- 1 11-21 11- 1 10-14 11-1 10-14 25c _____ $1.25 11-15 12-30 10-31 10-14 11-23 11- 75c 11-30 10-20 11-1 10-17 11-1 10-17 30c (s-a)—__ 10-7 <11-1 75c 11-15 11- 11-1 $1.50 _ 11- 1 10-22 1-31-50 $5fiV4c 11- 1 10-11 U5c 12- 1 11-10 1-21 Bliss Blue Co., 12V2C 11- 1 10-24 62V2C 11-1 10-24 $l.l2'/2 Power Co., 10-11 11- 1 10-11 $1 12-23 12-19 12-23 12-19 50c 12- 1 12- 1 10-31 12 1 10-31 ' (quar.) 12-15 1-3-50 12- 1 12-15 20c 1 11- 7 12- 1 11- 62y2c (quar.)__ 12- 27y2c 12- 1 Co., 8 10-26, Columbia Pictures 1 1 11-Y5 1 11-15 Columbian 1 10-14 Mass.) 11- 1 10-18 Combustion 1-14 11- 10-17 25C 11-15 11- 1 11-15 11- 1 11-15 11- 1 11- 1 10-11 $62 VaC 11- 1 10-20 12-1 V 11-15 i5c i 1 10-31 25c 10-14 10-31 10-14 11- Hose Rubber & Power preferred Columbia preferred Pulp : Class-'. B Paper 4% 11-25 11-15 11-25 11-15 1 10-13 Columbia Continental <fc $$1.50 11- 1 10-17 Inc 50C 11- 2 10-20 Dallas (N. 20c 11- 1 10-21 Dallas $1 50 12- 1 11-10 10-31 preferred Byron Jackson Co. Caldwell 1st 2nd 80c California California 5% Corp., & Delntte 1 common 12- $1.40 1 11- 1 Dominion 12- 1 11- 1 Dennison 1 10-14 Voting 11-15 10-29 $8 $20c Camden Fire Insurance Assn. Diamond 11-15 10-31 11-15 10-31 10-15 1 10-15 Divco 10-15 Dixie 11- 1 10-15 11- 1 10-10 Investors 40c 12-15 11-28 12-15 11-28 Co. Mfg. Dome Mines, Corp. 15c 11-10 9-29 $32 V2c 12-20 11-18 11- 1 10-15 11- 1 10-15 12- 1 11-14 $20C 11-15 10-31 Dominion Bridge 11- 1 10-10 Dominion Coal $$1.25 11- 1 10-10 Dominion $30c 5% >• 6% $25c (quar.)_ 10-31 10- 5 11- 10- 6 1- 6 2 125C 2-2-50 $17%c (quar.) 10-31 Ltd 9-30 $6c 11- 1 10-15 1st 2nd conv. 5% Dominion Voting 10-15 Common 30c pfd. 11- 1 10-20 Donnacona 12- 1 (quar.) 4V2% 11-10 10-31 Douglas 50c 11-10 10-20 11-10 10-20 25C 10-31 10- 7 10-31 10- 7 11-10 10-25 20c 10-21 10-20 ■$1.75 11- 1 <>! 10-20 ' 11- 1 12- 1 " -v I » » ' - • , ... 11; 1 11-1 12-20 12- 5 10-31 10- 3 11-30 9-30 10-31 10-17 .12-15 11-18 11-15 10-24 25c 11-15 10-24 11- 1 10-24 12- 1 11-14 10-31 ' 50c 10-15 11-15- 11-10 2- 3-1-50 75c 6 11- 1 10-14 $30c 11- 1 10-14 11 1 10-14 $37 VaC 40c 10-31 10-24 37 Vac 12-20 12- 62 VaC 1-3-50 15c 11-15 * quar.)__ 5 12-10 Co., Co., Ltd. 10-21 11- 1 10-21 12- 1 31 %C 11-15 Ltd., (quar.) (quar.)„_ common— 12- 1 11- 7 27VaC 12- 1 11- 7 7 Dover Dravo 4% Aircraft Co., 1 10- 11- 1 10- 1 $25c 11- 1 10- 8 8 1 11- 1 10- $25c 11- 4 10- 7 (quar.)_ 1 11- 10- 1 10- 1 1- 3 2-1-50 1- 3 1-3-50 $25c 1 11- 2-1-50 $25c Ltd 12- 1 1 10-15 11-15 10-14 11- $25c Ltd.— preferred Co. 1 11- $25c certificates Worsted, convertible 10- $25c trust Paper 7 1 $25c (quar.) (quar.)_ & 10- 11- ' $$1.25 Coal, class B (quar.) Chemical Co., Ltd.— Woolen 4 $37 '/2C pref. & & 10-31 11-25 11- $75c common.. $30c $38c $20c (quar.)____ 6% pfd. (accum.) Ltd., (quar.) (quar.)___ $1.12 V2 Industries (quar.) Corporation, pref. _____ * „ 2 (U. S. 11-23 11-23 11- 2 12- 11-15 $15c 1 11- A.) - (increased). 11- 4 35c 11-15 50c common (quar.)_ Drewry's Ltd. $1.25 $1.50 Dryden Paper Ducommon Dun & Ltd Co., Metals Bradstreet, & 1-3-50 12-21 25c 12-12 11-21 $30c Supply 12- 1 11- 50C (quar.)_ 1 9-30 1 11- $$1.25 62 Vac pfd. (quar.) 11- 10-31 10c 11- 1 10-15 10-31 10-20 Duro-Test 12- 11- Dwight Manufacturing Co. 15c $1.25 1 1 Dupuis Freres, Corp. Inc. Ltd., Co. (quar.)— (quar.) 4.80% pfd. 11- 1 9-30 17c 11- 1 10.-14 30c 12- (irreg.)_'_!—'I-i. $2 ' 11-18 10-31 11- 15c j 9 11-15 $30c 1 10-25 11-15 11- 1 : C4 10-11 1 12- * ' Co. U- 5 1 "* 1 60c Extra 25c Corp Gas - $25c ! (quar.) & 11-15 50c - Light & Power— Electric ' 11- $17V2C voting preferred Dominion $1.05 _Common (quar.) _$1.10 preferred (quar.) Foundry Co., 5% Common $1 11-15 10-10 25c common Central 10-31 1 1 $1 (quar.) Central 11-15 1211- (quar.) (quar.) Coke 11-15 > 12 Vac (quar.)__ 50c (A. M.) & Company (quar.) Caterpillar Tractor Co.,_ common & 12-16 11- (s-a) (increased (quar.) trust certificates 37 V2C - common Castle Coal i 1-3-50 35c (quar.)- Common 11-25 preferred ': 12-19 25c (quar.) Steel 10-11 $2.50 10-15 1-3-50 $37 Vac — pref. Dominion Tar 1 Arizona 10-18 12-17 9c Malting Co., Ltd., preferred (quar.) 11-15 Central 1 11-15 12-30 $1.12 '• (quar.) pfd. Dominion 12-15 (quar.) (extra) 11- $2c Ltd., common preference (quar.)_ A redeemable 11- Knitting, Ltd. 10-21 30c Ltd preferred $20c Corporation, 11-15 $1.25 Corp., class A (initial) 5% preferred (quar.) Dominion & Anglo Investment Corp., Ltd.— $15c preferred 1 1 $37 Vac (quar.) Credit $10c 5% 12- " Lamp Co., Ltd. (quar.) 1 Companies (quar.) Capital Estates, Inc. (s-a)__; Capwell, Sullivan & Furth, 6% pfd. (quar.) preferred 12-15 1-3-50 25C (quar.) (reduced)— Fabrics, $40c $$1.12 V2 Domestic 1 4 11- !_ (quar.) (quar.) Dodge Motor Carpenter Paper Co., 4% Carrier Corporation 1 $2 Trust Co., common class A (quar.) $31c common Co., 11-21 $2 preferred class conv. Oil Power & Light 11- 12- $50c Construction, Corp. Canadian Corp. 11-21 — Cup $2.50 10-15 ' Dredge & Dock, Ltd. Quarterly Fund, Co. Investment Steel $1.50 1 1 $18%C Ltd., Yard participating 11- Ltd.— Industries, Stock Match Diocesan 11- 10-17 11-15 — (quar.) 11-10 50c (quar.) Canadian slock 1 Union 6% 10-31 $1 75c —:—__ 12- 30C Y.) (quar.) class A common Co., Detroit Gasket & Mfg. Co. Detroit-Michigan Stove, 5% — Investment i 20c $15c Ltd. Stores, Mfg. Denver (s-a) Bronze, Ltd., commonpreferred (quar.) : Canadian 10- 7 $1.13 (N. common 10-14 Canadian A 1 25c 10-14 Foundries, Ltd., common.. non-cumulative preferred (s-a» Class ; 11- Co 10-14 Canada Iron Co., a 10-20 Light Co. (quar.) (resumed) 1 35c Canada Safeway, Ltd.. 4%% pfd. (quar.) Canadian Bakeries. Ltd. (extra)—. Converters & Fields 1 (quar.)_ 10-24 1 50c 1 Disher Camp Manufacturing Co., class B (quar.) Cement Co., Ltd., $1.30 pref. (quar.) 5% preferred 62V2C Canada 6% 5% Ltd. debenture 25c preferred 10-24 1 11- 10c 11- 11- 1 11- (s-a) 11- / 11- 20c $1.25 11- 50c convertible Mines, 11- (quar.) ' 37 Vac 6 V»C Co. : 37 V2c Co.— 15c (quar.) preferred (quar. 5 (quar.) t37c (quar.)_ 5 10- Corp Domingucz Oil Telephone Co.— 10- 1 (quar.) Power 1 preferred $1.2o Delaware 11- 11- (quar.) 1 11- (quar.) Trust $20C (quar.) Water Common $1 Packing Co. 11- preferred A 62V2C Power 55c 47 VaC 1 5 70c Oil 1 •/: 10- $17 Vac Rock $1 : 1 •/"I;. (sa)_ Co., Ltd., class A 1 50c 11- ; 8% preferred (quar.) Sugar Co. (irreg.) Water, 12- (quar.)_ 50C — B 12- — preferred 10-13 10-30 (quar.) Ltd. Sugar Leather Class $1.75 Mills, Ltd., common, preferred (quar.) participating preferred (quar.)_ Electric California Davis 87 y2c Linen $1.50 Davenport 10-24 10-24 37V2c 2nd preferred (quar.)_ preferred (quar.) (A. M.) Co., 7% pfd. (quar.) 4% 10-14 1 1 1 11- 11-15 — 11- 11- -10- 11-15 $1 4V2% Seal, Corporation 11- $1 3 11-1 :■■■; Co. class Bank &r, 87V2C (quar.) 10-15 10-17 6c Power & Light, 4Vj% pfd. (quar.) Railway & Terminal, common (quar.) preferred (quar.) 7% Deep 3V2% Byers Culver 25c (quar.) 1 75C Corp. of America, common. Co., Forster, $1.50 Mills Corp., common preferred (quar.) n 40c ■f (increased quar.) Co Ltd., prefeired Co. 4% 10-15 10-15 10-31 $1.25 Company Atlantic Cuban Co., 3 Va % Gin B.) Cork Crinn Trust — 1 1 50c (quar.) Exchange Quarterly 5% 90c 11- 11- 80c ___ Lobster Corn Motor Burlington i: (quar.) Co., (W. Bronxville preferred (quar. Bullock's, Inc, (Los Angeles) '• 1 Inc.— Dearborn Cuban-American 6% 11- $1.07 (quar,)______;_C!__!^___:!___;:!;Iu.!V; Cooksville Y.) (quar.) Brown Company, G% preferred (accum.) Brown Shoe Co., $3.60 preferred (quar.) Buckeye Steel Castings, common (quar.) 1 11-15 Co. 7% preferred Coon 11- .! 10-20 J Co. Container Corporation 10-21 Telephone Co.— 2nd preferred (quar.) 6% Co., Consolidated 10-10 $$19.25 12-13 10-21 — Consolidated Natural Gas 10-21 10-15 10-25 11-15 • preferred 1 ItY/i: 11- 1 ' $5 1 Ltd.— (accum.) 10-31 11- 1 18%c — Corp. (quar.)! Consolidated Edison Co. (N. Y.)— Crown Co., Insurance : Consolidated 1 $$19.25 & Life — 50c (accum.) J ^ 11-15 12- 1 (quar.)——!___ Consolidated Chemical Industries, Inc.— \> Class A (quar.)—.— —_—_ 11- (quar.)_ 10-31 $1.06 V» preferred (accum.) Connecticut Light & Power, $2 pfd. (quar.)_ $2.20 preferred (quar.) $1.90 preferred (quar.)— 11- & Paper— 10-20 $20c ' (quar.) Engineering-Superheater, Gas 70C ■ ■. — 9-30 11-15 $20c 20C / :Vt, $1 (quar.)__.— common pfd. $4.25 International 25C (quar,) (quar.) Corp., Edison 25c 1 \ Concord 8 1 11- 7 Commonwealth 10-31 11- 6c 12-31 Commonwealth 11- 12-16 IOC 11-15 10-20 10-25 1-3-50 ; 10-17 11-16 50c 10-21 11-22 1 1 87 VaC 10-14 11-15 1112- 20c com, 1 11-15 9 20c $1.18% Co., 1 10-31 12- $30c 11- 31-15 10- 20c ' 10-31 $1 Corp., 1-1-50 (quar.) 11- $5c (reduced) class B ; -10-20 (quar.)_ Quarterly $25c *.VY:; ' 10-20 11-15 — 50c (quar.)_ 5 11-15 10-14 25c pfd. 10-31 55c (reduced)— 40c (quar.)_ >: i $1.25 — National 10 31 50c common j — (s-a) 1-31-50 20c V 12-15 dividend) Co., preferred 8c $5c 5% 4V4% $3 $1 — ! 12-31 6 Columbus & Southern Ohio Electric— 12- 12- 1 1 (quar,)__ 4%% pfd. (quar.)_ System, Inc. (quar.)__—___ Finance 11- (quar.) Woven 11- 7 7 30c (quar.;__ Gas 75c Ltd., . quar.)___ Columbia 11- 12- 12- preferred $3.50 50C Co. Central Refining Co.— 11-15 12 Vac (quar.) Edison Celtic 25c $1.25 com. 1 11-15 (quar.)___„ Co. Fisheries Celotex $1.12y2 (quar.)! Colonial 11- (quar.) preferred 11-16 isc (quar.) 10-24 $1.06% (Sidney) Company (quar.) a 4.20% (quar.)— preftfrred 1 $3 1 : Arizona Edison Co., common $5 preferred (quar.) 11- $1.12Va (quar.) ; Co, Co. Corp., Ribbon Carolina common W.) Ami 10-20 10-20 25c Blumenthal Bon 1 1 25c — (Philadelphia), (E. 11- 30c .10- , 12-15 (monthly)—— Ltd. Co., 11- 12- - Plow ; 11-1 $1.18% >' $1.20 pref. (quar.) Canadian i . 25c (quar.)_— Canadian ________ Colgate-Palmolive-Peet 75c '/■■ Electric - Inc.— Cockshutt (quar. Canadian $1.50 Co.— (quar.) (quar.) toc-eased 10-6 ; Corp., Ltd., common.. 4Vz% convertible preferred & 1 11- 10-15 (quar.)_ Co., Inc. (quar.)_ Hedges, S2 cor.v. pfd. (quar.) Stores, Inc. (quar.)_ Canadian $1.25 Argus preferred <2.50 Referred 4 10-31 25c Power— Archer-Daniels-Midland <1.10 11- 9 $1.25 Inc. preferred (s-a) Arizona Light & 12-10 $1.75 __ —^ Mills 4 $1 (quar.) preferred 11- 56%c common.—^. (quar.) preferred 4 30c (quar.) (quar.) Electric 11- 11-10 12-12 37V2C pfd. (quar.)_ pfd. (quar.) 4Va% 11-15 1-10-50 $1.12,/21 Lines, 5% Telephone preferred conv. 11-21 25c - Common (quar.) ________ 5% preferred (quar.) «L20 11-15 $2.50 > preferred (quar.) Ammal Trap Co. of America, » 10-21 10c (quar.) Anglo-Canadian Ashland Gil 10-21 1 75c Common Corp., 1 11-30 Products, Cotton 10-15 11- /10c ; - Bottle Viscose <% Arcade 10-17 75c American Zinc, Lead & Smelting $5 prior preferred (quar.)__ 4.50% * 11- $1.25 5c 8% preferred (quar.) American Water Works Co., 4y2% 1 5c (bi-monthly) Co., Thermos Appalachian 11- 10-31 $1 ___ (quar.) President A 11-10 5 11-2 11-17 i. Class 11-10 12- ; 11-15 American Ship Building Co.— American Smelting & Refining Co., common 1% 1st preferred (quar.)__—___„ 4V2% 12- 5 1 1 $1.50 1 6 12-15 Hardware, Ltd.— (quar,1: :' ■: 1 Brock way , 12-? 3 ClassA 12- _______ 10- Cochrane-Dunlop / 11- (quar.)— v,/ common common preferred British 10-31 12-10 (quar.) American Screw €% $3 7% ••tl0.-24 b': 3 Extra British >12-10,v llhl5 12-1 (quar.)—i.—______ Natural 6% Post 11-15 '•> 11;-11 11- 1 11- (quar.)— $12 Vac .. B 7% 10-21 1 1 .(s-a)___*i--!—- British Columbia 10-31 11- 75c • Anchor 12- 1 I2V2C (quar.)— ■ Boston 10-14 70c pfd. S% preferred (s-a) American Metal Co., 4J/2% American 1 t50c ; Works 4% 11-21 $60c General Corp., com. (irreg.)— American Hide & Leather, 6% pfd. (quar.lAmerican Home Products Corp. (monthly)American-Marietta Co., common (quar.)— American 11- 12- Ltd. Breweries, 40c ' (quar.- Boston 10-14 12-1 10-14 (quar.)_ 11-16 1 - American American 1 11- $1 5% Corp., American Furniture American 12- 30c American Business Shares Can 12-1 (quar.87V2C . Coast $1.25 11- 1 25c (quar,)„__„ 12-13 12-21 $37 VaC — (J,) & Sons, Ltd., class A— Class 10-26 12- 1 15c — American Bosch American 11-15 $1.37l/a pfd. Ltd., class A (quar.) 11- $1.12 Va common 1-2-50 1 Shoe Class Holderi 1-3-50 Industries, 1-9-50 11- 12-20 4% (quar.) (monthly) Common (monthly) Club Aluminum Products $50c ' 3 30C (quar.) preferred Clinton of (s-a) A Best & Company (quar.) Bickle-Seagrave, Ltd. Payable of Rec. 115c Corp. (quar.)— Corp. (s-a)— class Co. Watch Bertram 11-14 11-29 15c Petroleum 10- -—— Berland 10-21 11-29 100% *___——— 10-31 7 11- 30c (s-a)____: (stock Corp. preferred Co. Common (quar.) Corp., Benrus 10-21 50c (increased)—. Amalgamated Sugar, $1 Shoe Corp., $6 'preferred 11-15 $25c ——— $4.50 25C Extra When j 1-1-50 — Homes 8%c Co., common preferred (quar.) Beneficial 150c (quar.) 10-20 (quar.) Howell 4y4% Belmont 11-15 12-.1 25c Ltd.— 10-31 Corp.— — 10-31 150c —_— $1.20 $1.12Va Aircraft Corp, (quar.)____—______ Belding Heminway Co. (quar.)____ 12-12 125c (quar.)_; 1-15 10-20 Beech 5 12-23 $1 10c \\ 11-15 30c (quar.)— Multiplier 10-31 Apartments, $3 prior pfd. (quar.) preferred 11-30 Per Canada, Ltd., preferred (A. S.) 11-15 _______—-,80c i 11-21 10c 10-15 A Suburban & 2-1-50 $1.12 Mortgage Guaranty Bathurst Power Co.; Extra & Benson -— 1 Class City $1.12'/a (quar.) & 12-1 1 10-31 (s-a)*—!!.'' 11- 12-15 20c 7% 11-10 12-12 Share Co. $1.12 (quar.) (quar.) 11-15 12- 10-27 10-17 1 Cleveland, Cincinnati & St. Louis Ry.— 5% preferred (quar.)______— Cleveland Electric Illuminating Co., com—_ 10-31 1 1 12- 30c Common - 10-10 11- (quar.) common 11-14 : 10-17 1 15c (quar.) Clary . ; ; 10-31 11- 11-15 , ^ 3-15 11-1 —— City Stores Co., ; 7 $1.37 Va (quar.) common preferred 11- 5 10- 1 25c Co.__ 4-1-50 10-31 Ltd.—-—_____ 5Va% Co., 11-15 11- 35C Coal Co Co 4c 12- $2.50 $1 Investing : 6 10-24 10-31 40c Electric & (monthly) 11-15 (s-ai— Gas Stamping Auto Common 11-15 Shoe Stores Appliance Corp of Cincinnati City City 1-15 10c Corp. Steel 10-20 10-14 2-15 12VaC S.) Company (quar.) Portland Cement Co. 1 1 1-1-50 37'/2c (A. 11- 11- 3-1-50 11-14 10- $3 11-18 11-15 10-20 1 15c 2-1-50 (quar.)-——— Electric Cast 30c 56 V4c - Steel 10-15 1 11- 50c — (quar.) & Franklin 4c Booth Alpha Chicago Corporation Chicago, Wilmington 4c ——————— Admiral Corporation (stock dividend)-—— Affiliated Gas Equipment, Inc.— —— Aloe Chicago 4c 12- - ^gnew Surpass 10-14 (monthly) Works 11-1 11- 87 VaC (monthly) Porcelain i•I $1 (quar.)__ (monthly) 11-24 — Air-Way 1 ' 50c d28c 25c 31V4c Ohio Ry., preferred Allerton Hotel conv. Common Locomotive ; 10-31 75c (quar.)_ Common preferred 10-15 11-30 40C ." iquar.) Y.) Common preferred 1 56%C • (quar.) Trust (N. 8 95c $50c $$1 —- preferred Estate Bank 8 11-15 pfd. 11- Real 11- 12-15 —-: convertible 11- $4.50 10-15 11- $1: Corp.— 11-12 $*.50 11-15 Chesapeake & 4Va% 11-13 25c ..t • Adams-Millis 10-20 1 12-15 Acme Glove Works, Ltd., $1 1 12- $2 Paper Co., 10-17 11- Investment Store :3V2% . Company & 1 $1 4c 12- f ——:————- — Ilic 11- Cherry-Eurrell, 4% pfd. (1947 series; (quar.) Chesapeake Corp. of Virginia. (monthly) we Power 11-25 Common give the dividends announced in previoui weeks and not yet paid. The list does not include divi¬ dends announced: this week, these being given in tht .©receding table. > A/* •'•A F., 11-30 11-15 Blauner's T. National 12-3 12-12 —— of Alabama---—-;^--- Extra Store Chase 10-15 Birtman Abitibi 5 1 1 1 10-31 22 Vac (increased)-— 12-16 Chain Mills, Baltimore (s-a) West Corp. 10- 11- 25c $1 75c South & 1 4c 1 12- ; ——-—— 12-30 (monthly) 12- (quar.) 11- Common 12- preferred 5 12-15 2 11-10 5% 10- 12-30 11-23 1 — 1 10-31 12- & i 37 Vac -■ conv. prior preferred (quar.)__ Manufacturing Corp.— convertible preferred (quar.) _____— Avondale I 12- - , 11- . $2.25 Baldwin B.) Co., 4% 1st pfd., (quar.) — •4% 2nd preferred (quar.) !i! -Wyandotte Worsted Company (quar.) — Ji. 4% $$1.37'/a 10-31 (A. Name of 10-25 $1.20 Avco 4 Manufacturing— Below (.m (quar.) Inc.— 11-15 ——; 11-10 - : 11-10 Extra Power Nichols & Co., " Wrisley Central Co.~ Power Chain (quar.) 11-30 preferred 11-14 11-19 23c $20c Paper Co Power & Light Co. (quar.)—— Industries, common (quar.)preferred (quar.)—— ———- prior 12-12 11- 12-16 & (stock dividend) Light Co. (Texas) 75c 11-15 Woodall 5% $1 12-10 , 1 85c (quar.)— Paper Co. 1-3-50 1-3-50 I 11- 1 1. ' Wiborg Proprietary, Ltd.— Austin, 12.16 pfd. 11- 11-15 • 40c • 56 V4c — 4% Light Central v 10-10 11-15 90c (quar.). preferred 11-14 !, Corp Co., Ohio 3.60% 12-12 (quar.) 1 WMtaker 5% 11-10 9 preferred B Central 12- 11- 13c Corp., com— (quar,)!—i__— 93 %c : preferred B Imperial Diesel Engine Co.— series A preferred (quar.)__ series preferred Central Va % 12- —-—- Wisconsin Worumbo 8 3.75% Atlas 20c 20c (quar.) Dental Mfg. 8 10- I 1 U- 1 I 1 1 - Power Corp.— $2.50 Ayres (L. S.) & Company, 4'/2% pfd 4»/2% preferred (series of 1947) —— 10- 1 York 10- 11-30 12-31 20c Electric $1 11-12 Stores Extra 1 11- & Electric — New 3.40% , 10-21 Corp. 11- (quar.) 11-12 Corp. 10-18 —. Co. r ——— (S. S.) White Refining preferred A 1 -,,f (s-a)—a 1 Sugar Western Railway Whites 4% 11- $1 common 1 ——— a preferred non-cum. Atlantic Co., i2- preferred' A (quar.) ————— preferred B (quar.) Products, Ltd; (quar.)—-—:*——— Westeel 5% RR. Line Coast $1 Gas ' — $2 11- / -r; : ; guaranteed (s-a)—— —— Westinghouse Electric Corp. (year-end)— - 3*/a % 11-16 12- Louisiana Extra (Conn.)— Co. Line 12- «% 3.80% 1 1-2-50 Central 10-28 $1.08% preferred (initial quar.) (initial quar.)__ preferred 2c West Jersey Sc Seashore RR.— ;; Atlantic 11-23 Extra,',-'-——-————••————i.- * 11-16 1-2-50 Hudson 10-28 1 . common———— 35c (quar.)-—————$1.13 Petroleum Indies 1 4.35% 11-15 37VaC $1 20c — Washington Steel Corp. (Pa.) (Initial) Wayrie Pump Co. (resumed)—: — Waterous, Ltd., class A (quar.)—— WeLsbaoh Corporation, class A common— Wesson Oil & Snowdrift, $4 pfd. (quar.)— West Atlantic Coast 11-15 Company, D.) preferred $4.50 11-18 4 — (reduced) Virginia Coal & Iron Co.—————— Vogt Manufacturing Corp. (quar.) --Warehouse & Terminal Corp.--———— Warren 2nd 10-19 4 +I5c 40c 50c (year-end)— Universal Consolidated Oil Co. 4% 10-24 I 1 12- Central 1 Central 10-31 25c" 25c 12- City Electric Co.— preferred (quar.)__^ 1- A'; Vanadium-Alloys Steel Co. 4% 11 —.— 12- Atlantic 2 25c' common- : $1.50 50c — common (quar.1 Steel Corp., Ltd Stockyards Corp. 11- Building Co., Common 50c (quar.) preferred 7% 11-10 11- 50c 30c 10c — (s-a) - States Steel Corp., 1 11-15 —— Common 10-15 $2 1-15-50 ** ——— 10-13 1 **P.err,,: WhenHoldert Share Payable of Rec; '' Company Hollywood 1 11- ! Quarterly 12- Extra United 1 12- 40c Extra 1 12- 10-28 ooc Finishing Co., common—; $4 preferred (quar.). — preferred (quar.)—— United States Lines (N. J.) (quar.) *\J. S. Central 11- 11-10 12- $i.7j (quar.)_„:— Co. (s-a t V. S. Loan Society 12- ~-7- —— — V% United Gas Improvement Name of $25c — preferred (quar.) Atchison, Topeka & Santa Fe Ry. Co.— 11- J5c Holdert $22VaC 5% 11-16 11.12/75c common.-- Telephone Co., Ltd.— preferred (quar.) 4 Va % 10-20 12- joc «rr~- r- _____— 11-10 11-30 51.25 '$l.l2Va Ry. Lines, 5 12-15 40c 75c When Monday, October 31, 1949 Payable of Rec. Associated 12-15 2jj? _____ —— Co. (New Bedford)— Inc., 4»/a% pfd. (quar.)_ United Biscuit Co. of America, com. iquar.) Union -United 11-10 12- /nC (quar.)__ Pump Co. & 5 10-31 91'/4c $1.50 3.65% pfd. <quar.)__ Thompson Products, Inc., common (year-end■ 4% preferred (quar.) ; Thriftv Drug Stores Co — —— Per 12- 25c 10c (quar.)._~— Co. - Thalhimer~Brothers," CHRONICLE Share Name of Company Payable oj Rec. Share Company FINANCIAL & Holdert When Per Name of COMMERCIAL THE (1738) Volume 170 THE Number 4851 Per Name of Company Eastern 6% preferred A 6% preferred Eastern Ekco Street Sugar Associates, pfd. So (accum.)_ Electric Bond & Share 1/35 Inc. common Subject to Class 8% stock the preferred (quar.) 10-15 Hercules 10-15 10-15 7% preferred class A (quar.) Hershey Chocolate Corp., com. (quar.) $4 conv. pref. (quar.) Higbee Company, 5% preferred (quar.) Emsco 4% preferred Erie 11-29 11-15 Hires 1-3-50 1 10-17 1-25-50 1-10-50 1-3-50 River Gas Works Brewing Fashion Park, Inc.,. Federal Grain, 6%'% Federal Loan $1.20 Co. partic. cf. pfd. Hooker 1 11-15 11- 1 10- $1.75 11- 1 10-20 $4.50 $1.50 11- 1 10-18 11- 1 10-18 Hormel 1-3-50 12-10 6% $4.25 7 50c 11- 1 10-15 Horn 11- 1 10-20 30c 10-31 12- 9 11-29 15c 12- 9 11-29 25c 12-15 12- 50c 10-31 10-21 $1.06 y* 10-31 10-21 ________ Federal Works Screw (quar.)U__— Federated Department Stores, .4%% convertible- preferred Fibreboard Products, (quar.) com. _ (quar.) 6 %, prior pfd. 11- 1 11-15 30c 11-15 1-3-50 Corp.,. $2 preferred (s-a) »i. Fitzsimmons Stores, Ltd., . , , 6% 1st preferred (quar.) $1.50 12- 1 Florida Power U Light, 4%% pfd; (quar.)$1.12% ' 12-1 Foo'd Machinery to?Chemical"\v/ ;z,t 77" 77'' a VL'.'. -3%% preferred (quAr.)_l_; 11- 1 93%c 12- Foote ■. Bros. Gear.At'Machine, com. (quar.) Extra 60c convertible - preferred, (quar.) Forbes & .Wallace, tlaaa B (quar.)—-;. Motor 6% ( Co. Foster & -Kleiser Co. Franklin Telegraph Frehnan (A. J.), Ltd., preferred Fullerton Oil 1 11-15 11- 1 12%c $$1.12 % 11- 1 10-15 11- 1 25c, . 10-31 11- (quar. )_a— 1 & 1 preferred Funsten. (R:, E,) : Industrial . .(quar. 10-15: 11- 1 5c 1 10-21 5% preferred 12 Vic (quar.)_ 11- 1 10-15 ,3 (Robert) $1.50 Company, preferred 6-.fi. m 12- 30c 12-20 12- 15c 11- 1 ;$3.50 Wood $4.25 5% Inc., Industries. preferred 37 Vic 11- 1 10-20 (quar.) 62 Vic 10-31 10-18 (quar.)___ 56V4c 11-15 i (quar.) preferred 412% series General Baking Co., General Cable pfd. A ; __ Finance Corp., common preferred A (s-a) preferred C (s-a) Fireproofing General Foods Corp., common preferred (quar.)___. $3.50 General Mills, Inc. Co., 7% preferred preferred Increased General quarterly Steel 11-10 Common 11-10 Partic. (quar.) • Jacobs 1 10-10 10-10 10-10 ( 58%c V 11- 1 T . r„ 3% . 11- :» 1 10-10 11-19 5% 11-15 11- Preferred $1.50 11- (quar.) 11- 1 9-30 4% $1 Wares, Ltd., 11- 1 9-30 Jewel 11-21 25c 11-15 10-14 62 Vic 10-31} 10-21 10-21 10-31 10-18 -— lie Grand Union Co. Green (H. L.) Griesedieck 25c 10-20 Joplin Water Works, 10-20 K 11-15 10- 1 11-15 10c 12-12 11-22 4% 15c 12-12 11-22 $1 12-31 12-12 15c 11- 11-15 12-15 $1 $1.25 J2-15. 1 A Inc. non-cum. Kings County Trust Co. Kingston Kirkland Lake Gold 11-25 11- 12- 11-15 Griess-PXleger Tanning Co. 11-15 11- 1 Kobacker 12-21 11-21 $ 1.37V2 11- 10-15 1 preferred 37 Vic (quar.) $1.25 Inc. 12- 1 11- 25c 12- 1 11-15 IOC (quar.) 11- 11- 11-15 25c Cementing 1 1 4 10-25 37 Vic 12-20 12- 5 50c 12-20 12- 5 A (quar.) Extra 50c Hartford & Company. Electric Hartford Fire Light Insurance 5%% Co. pfd. Corp. of America, 4%% Fund, Mfg. Inc. (quar.)_ (quar.) (stock dividend) Hartz (J. F.) Company, Ltd. class A Haydock 12-1 11-15 (quar.) 1 11-15 1 11-15 12- 1 11-15 $1 37Va 11- 1 10-14 11- ', 33%% tl2y2C 1 10-14 11-11 10-31 1 10-20 11- pfd. (quar.)___ (irreg.) $1.12 Vi 11- 1 . 10-13 Inc., & Lane Lees 10-20 12-1 10- 4 10- 4 $1 Leitch Lerner Lewis pfd. (quar.) Ltd.— : 9-30 12-22 • 3-22 20c 34%c 10-31 11-1 $1.50 11- 1 10-15 10-11 12-12 11-18 12-12 11-18 12- 1 12-28 11-10 11-10 12-21 10-29 11- 1 10-15 Inc. (New Sons : 10c 31%c 7 .7: : t40c t$1.75 30c 62Vic 10-15 ;: ; Assurance '12- 1 12-15 1-3-50 11- 1 11- 1 12- 5 12-23 Co., 3.85% Mines, Ltd. pfd. (quar.) (quar.)_: $3 11- 1 10-31 11-15 11- 50c Jersey) Michaels 12-20 12-10 56V4c 11- 1 50c 37Vic 11-30 10-14 11-18 11-30 11-10 9dViC 11- 1 12- 1 10-15 50c Stern & preferred (quar.) 5 11-10 10-31 &; Corp. Mid-Continent Midland Pacific & Midwest OIL Co., K 8% Co. , Miles Shoes, Inc., stockholders meeting preferred (quar.) Rhoads, 4%%- preferred Mining Corp of Canada, Ltd.— & Minneapolis Gas Minneapolis Moline $1.50 Co._a Myers Tobacco National Life Insurance (quar.) $5.50 1st preferred (qiiar.)_; Mississippi Power & Light, $0 pfd. (quar,)_ / 5% preferred (quar.) Park preferred B preferred Link-Belt (quar.) Company (quar.) 1 „ Co. lc (quar.) Rice Mills, Mountain Producers / 11-1® 10-15 11-15 25c 37%c (quar.). 50c 12- 1 11-17 $1 50 12-28 10c 10-31 12-18 9-3® 12c 75c 56%c 25c 12-12 11- 1 11-23 10-2® 11- 1 11- 1 10-15 10-14 Ltd Corp, / 35c (s-a)— Extra class A 0% convertible Chemical Co. of preference . (quar.) Investment Fund, Mutual Telephone Co. 4.8 % preferred A Inc (Hawaii) (quar.) — Myles Standish Co. (quar.)—aNarragansett Electric, 4%% pfd. Nathan Straus-Duparquet (quar.) Nation-Wide Securities Co. (quar.) (Colo.)-— 6c 11- 1 10-15 62%C 12- 1 11-14 30c 40c 11-15 12- 1 10-31 11-10 30c 12- 1 11-10 National Battery Co.— 75c 11- 1 10-20 10c 10-31 1®24 $1.50 $1.75 11-15 12-31 10-28 12-15 15c 11- 1 10-15 20c 11- 1 10-14 Series B (quar.)__ — National Alfalfa 5% Dehydrating & Milling Co.— preferred (quar.) ' —__— 1 11-10 National By-Products 11- 1 10-24 National Casket 11- 1 10-11 12- 1 11- 3 11-15 10-20 11-15 America— preferred Mutual 35c 7 - Munising Paper, 5% 1st pfd. (quar.) Murphy (G. C.) Comoanv (ouar.) Muskegon Motor Specialties Co.— Mutual 11-18 11-30 10-31 12-15 12-15 11- 1 12- 1 a Royal 11-30 lc $12V2c - Extra Mount 12- $1 . . 11-10 87Vic 10-14 11-15 (quar.) 12- 1 10-11 11- 1 12-15 7,7 $2,50 1-15-5012-31 (quar.)_ 7/, $1.10 11- 1 10-17 $1.20 11- 1 10-17 Montana Power, $6 preferred (quar.)—.—a $1.50 11- 1 10-11 Moody's Investors Service— 7 .7 • : " $3 partic. preferred (quar.) 75c 11-15 11- 1 Morgan (Henry) Company, Ltd.— 4%% preferred (quar.) f$1.19 12- 1 11-15 Morris Plan Corp of America, common 5c.^ 11- 1 10-18 ;v $2.25 preferred (quar.) ___: 56-%c > 11- 1 10-18 Morrison-Knudsen Co., com. (increased s-a) 60c 11-10 10-15 5% convertible preferred (quar.)62%c 11- 1-1®-15 Motor Products Corp. (quar.)—— 50c 11-15 11- 4 Mount Diablo Oil, Mining & Development ! 4.80% 10-18 11- 1 $1.25 $50c . • 11-15 50c common 7 5% preferred , (accurn.) -— Monongahela Power Co>, $4.40 pfd. 11- 1 10-31 12- 1 30c 11-15 11- 1- 10-31 10-31 -10-31 12- 9 7; 7 —„ Jockey Club— t2c 9-30 11- 1 11-10 11-15 11-15 10-25 10-2® 10-2® 11- 9 10-25 10-24 10-24 10-24 10-15 (Robert), Ltd Monmouth National Aluminate National Automotive (quar.) Corp. Fibres, Inc. (quar..»_— Extra $7 Printing Co., (quar.)__ Mississippi Valley $1 (quar.) — common Public Service— 11-10 30c 37%C $1.37% $1.50 <quar.)__ preferred 2nd convertible 11-15 10-13 10-31 50% $1.18% $1.06%J15c 24)— ——— Co., 11-15 12-15 10-31 20c Oct. on 43A% $1.12% t25c (year-end)___. (increased quar.) to approval of 7/ (subject at 12-15 4c 25c 25c ,. (quar.) common dividend Stock , 50c a Reclaiming 12- 1 10-15 11-15 11-15 10-15 11-18 11-15 50c ,12-15 (s-a) (s-a) Rubber 11- 1 12- 1 12-15 11- 1 5o (quar.) a_—________——_ common 11- 4 10-15 10-2® 11-17 10-5 $1.10 35o 75c *25c (quar.)_— - preferred Midwest Ltd. Grain, Mid-West i Abrasive 11-15 11- 1 11-1 11-30 10-31 30c +15c 20c $1.12% lie- (quar.) Corp, Petroleum $1 : (quar.) Y.) (N. (quar.)— Co., Bakeries $1 (quar.) Stores Savers Corp. Michigan Gas & Electric Co.— 4.40% preferred (quar.) $2 12- 1 25c — Corp., 4%% pfd. Brothers, Ltd. (quar.) Lincoln 11-17 1-2-50 4-1-50 50c Inc., 4V2% preferred (quar.) Monotype Machine Co. (quar.) Gold Liggett. 10-18 10-25 11-1 37V2c v Co 7 Lehigh Portland Cement Co. $3.50 10-31 10-31 11- 1 11- 1 $1.12% (quar.) Session & (James) Lincoln $1 10-31 (quar.) Company Co., 4Va% pfd. A Apparel, Inc. (quar.) Fabrics 10-15 10-28 12-15 15c 9 50c Bryant, Lanston Lea 11- 4 25c $1.25 (quar.) Extra 11- 12- 37%c Mfg. Machine Landis 10-10 "Haytian American Sugar Cdr*(S6uth Amer.) Initial (quar.)— (quar.) Company, common $2.50 preferred (quar.) : Lamston (M. H.), Inc., $6 preferred (s-a)_ 10-31 *$1 12-22 $20 preferred 7% 15C Ltd._ 12-1 12-22 $1 ,7 10c . 12-15 ,7 ;7 7 ' (quar.) common Mfg. Co., 5% of the Woods Milling Co., (quar.) 13c 1 25c — Quarterly Mitchell (quar.)— Common Lamson 2- 7 11-15 11-15 12- 9 tic Plante-Choat-e La Life Corp Hayes Steel Products, 1212- - , Extra (A.) - 50c 68%c (quar.)__ 25c 25c ■ ... Class B Y.) (s-a) Mining Co., Ltd.— (quar.)____—__.—___— Works, 6% pfd. (quar.) H.) Extra Hancock Oil Co. of CaliforniaClass Stores, (S. L'Aiglon /Lake . Well 6-12 11- 7 12- 1 95c preferred Kroehler 8 11- 1 11- 7 , » Extra 12- 3-10 11-15 semi-annual Water 10-15 1 12-28 11-15 11-15 30c Kokomo Kress 6-30-50 _______ Co Oil 10-17 t25C (quar.)__ Lamp Co Brothers 11- 1 $1.25 — (C. M.) 11- $1.25 3-30-50 (quar.) Hale Brothers Stores. 50c - Gypsum Lime tt Alabastine of Canada. Ltd. Quarterly ! . (N. Corp. •Kresgc (S. S.) Company __ 5c 50c 7 Co.— Company, $1.50 preferred preferred (quar.) $1.50 • (quar.) Gulf, Mobile & Ohio RR., $5 pfd. $5 preferred (quar.) Products Reduced 7 Kirsch 50c $1.50 (quar.) (quar.)___ 30c 11-25 (quar.)__. 10-20 preferred'-(quar.) Company (quar.)___7___^_______-_ 10-10 . 10-20 11-1 5c 2-15-50 10-14 $1 pfd. Light & 11-1 56 Vic 11-28 12-31 11- 1 (quar.)____ 12-15 pfd. 12- 5 1-3-50 20c '.,7 (quar.) 10-31- 1 20c 2c Kayser (Julius) & Co. (quar.) Kellogg Switchboard & Supply Co., common 5% preferred (quar.) ! Kingan & Co., 4% pfd. (quar.) 1 11-15 10-10 10-18 ,10-11 10-25 10-20 10-20 3c 6% 25c t75c 87'/2C — J25C 150c (quar.) $1 Extra 11-15 ^ Fire Extra 11- 1" 11- 1 11-15 11-1 11- 1 87%c Kawneer . 11-25 10-25 11- 1 ." 7,7 5% (s-a) common City Powei preferred 3.80% ; Brewery Co.— preferred:/(quar. J convertible Kansas 1 12- 10-15 .. , Mercury Mills, Ltd. (quar.) Meyercord Company (quar.). 7rf; 933/4C vi Common 11-25 11-30 11- (quar.) class Co., pfd. E*xtra t2c (quar.) Co., 1 1 $1.25 11-1 .12- 1 11- 1 $1.25 , ___a— Michigan Public Service* Co. 7:? —. , Merchants 10-24 10-15 i Battery Co., , Michigan 10-31 11- 1 11- 1 — 1 10-15 10-24 v.r-/77:;777:..77 ; . 11- W (quar.) 10-31 10-31 1 10-2® 12- 1 (quar.) 4% 2nd preferred (quar.—r—Meier & Frank Co., Inc. (quar.) _______ Special —a—— Miller Royalty 11- 10c Co. Stores 10-2® 11- lv preferred 10-21 $1.06Vi (quar.) Ranch 4%% 10-20 10-20 >, Refining, (extra) Extra 10-18 Western Halliburton Common Common _______ 11- 1 (quar.)$1 25c Ltd., Railway (quar.) 11-30 $1.25 Granby Consolidated Mining, Smelting & Power. Co., Ltd., common, (irreg.) Grayson-Robinson Stores, $2.25 pfd. (quar.) Northern 10-31 $1.27 Vi . Company, A (quar.)__ 10-18 6 10-H 11--4 11- 4 11- 4 11-1 11- 1 10-21 10-21 11-23 10-31 _• 11- 1 11-1 25c 10- 1 37V'2C 11- 1 25c 12- 1 $1.06% 12- 1 50c 12- 1 15c 11-15 30c 11-15 Melville Shoe Corp., common (quar.)_ 45c 11- 1 4% preferred (quar.) : $1. ,.11- 1 Mercantile Stores Co., com. (quar.) 25c » 12-15 7% preferred (quar.) —~$1.75 11-15 McLellan (quar.)___ • Mines, Ltd.— $3.50 11- Oil 11-11 Lake Gold — — Ltd. 37V2c (quar.) i. preferred 11-1 12-5 (Rhode Island)— 11-15 _ & B 12- """11-10 12-15 11-18 12- 1 "30c ) t7c Johnson Goodyear Tire & Rubbers-common (quar.)__ $5 preferred (quar.)___ Goodyear Tire & Rubber Co. of Canada— 4% preference (quar.) : J Gotham Hosiery Co., Inc. (reduced) Grafton Co. ■ 10-18 ;■ _ 4% .pfd. (quar.)_. Ltd., Goodall 'Rubber Co, Co. Tea Johnson r Co., (quar.) Mines, Ltd Mfg. 1-3-50 — Mines, Mead Corporation, common—....a- 11-14* 50c t$1.00% Resumed 10-14 12- 1 12-15 (Increased) tSOViC Co. i McKenzie Red 10-3 11- 1 11-1 12- 1 11- 1 Electric Extra Co.— 10-18 t$1.25 11-1 10-15 (quar.)__—7—__—50C pfd. (quar.)—433Ac (quar.)l_—__—— 75c _* 50c Corporation Mclntyre Porcupine Extra "a— 10-3 25c (quar.) Resistance 1111 ,,-11-1® $3.75 preferred (1947 series) " (quar.) 77;. 93%c 7, 12- 1 • 11-15 $3.40 preferred (quar.)_7___l_—'___:—85cy, 12- 1/11-J® Maytag Company, $6 1st preferred (quar.)__ $1.50- .1110-14 $3 preference (quar) 7j ; 11- 110-14 McCabe Grain, Ltd., class A (quar.) 115c 7" VI1" 1 7 .10-1# Class B (quar,) ^Oc 11- 1. i®"1® " - 11-1 7V2C , 10-19 . McClatchy Newspapers, 7% 11- 5 t$1.75 t83Ac (quar.) par) 7 . ^ McGraw 12-15 .. 11- 11.. 10-2® 12-20 - 12-1® Field & Co. (quar.)____— ; 50c' .10-31 Department Stores Co., .com. (quar.)-:75c 12- 1 (quar.)—___—12- 1 $3.75 preferred Marshall McCall 12-15 12- 1 ' ' 10-31 11- 1-: 10-2® 11-28 v , ' .10-31 30c $1.75 10-31 _ State ($100 12-31 35c 1-16-50 7 40c 1-16-50 7-7 11-15 . Golden ' (quar.) com. t20c certificates (interim) ' 30c $1.12% (quar.)— 87 %c ______ " 10-31 11-25 11-1 11- 1 40c 7c. . % - 25c ' t20c ____________ . Publishing Co.— Company, 3%% Johns-Manville Corp., 3V2% Investments, Ltd.— 7 10-15 ! 7y (irreg.)- Corp. Products 10-1® 10-14 11- 9 10-14 .11- 1 7 ,^ Magnesium 10-24 10-3L. 11-15 "May 10-15 25c : group (quar.) pfd. (quar.) Johnson & Johnson, com. (stock dividend). 4% 2nd preferred A (quar.) 3% % 2nd preferred B (quar.) common 1 11, i Jersey Central Power & Light— Corp.— r 25% —-- ,11-3® Communica¬ Marine parlicipating\(quar.)-!_-____— Marine , 10-15 11- 1 15c 110c .! preferred $1.37% . 'Extra 1 9-30 - ; dividend International Fully 9-20? 11- V 10-21 10-14 11-9 11-1® 11-1® 11-1® 11-49* 10-24 4- 3 12-15 10-31* 11- 1 -10c Co., Ltd., ordinary (interim) a2%% Bancorporation, .initial stk. (quar.).:_■ 40c.;» Marine 10-3' 11-1 '.""'60° 7 f$l-.25 —— Corporation 1 (increased) Stock 3 $25c 11- 5 11- 1 11-15 11-15 11-15 11-15 13c 12-15 10c, .10-31 10c 4-14-50 (R. H.) tions ; / ' L.) 12-10 1 . (Phila.) Corporation (quar.)— —— & Drilling, common.. —_ Co., Ltd.— Marconi -10-11, , 12-8 irr, ^ —- ; 10-10 a 11- 1 20c Ironer (F. 35c _ Hayes 11- 1 11- 1 ; 10-15 10c : Co. Co., 4V»% pfd A (quar.)— _ $l.O0lA-. Mailman. Corporation, Ltd.i 5f/o pxd. (quar.) 7 +$1.25 1 Maltihe Company, common——— 7 25c 10-25 , (quar.)_> Inc. Insurance preferred (quar.)— Macy 12-20 11-21 11-1 Co., 55c conv. pfd. (quar.)— 133/4C Company, b% preferred $1.25 (This payment clears arrears.) 77. 5% preferred (quar.)___ ______ 62V2C Jantzen Knitting Mills, Inc., com. (quar.)— 20c Stock dividend—20% 10 10* 11- . Waterworks, 5% preferred (quar.)_ preferred (quar.) : Gerity-Michigan Corp. (quar.)__. Gerrard (8. A.) Co.,. 5% preferred (s-a) Gillette Safety Razor, $5 preference (quar.) Globe Oil Co.," Ltd. (s-a)__ Goebel Brewing Co. ;(quar.)__ ; Hat 12-30:. : .55c ; (increased)— (M.i 10-11 10-1® 11- 111- 1 County Gas & Electric— Macoil 5 45c (irreg.) $1.50 ,7 5.10% Harris 11-1, % preferred Ironrite General Hall 11-15 (quar.)_. f Participating 1 5% ,11-15 $1.25 Light, $6 pfd. (quar.)— (quar.)__. & Sons (quar.). MacKinnie Oil 25c 11- (quar.)— Nashville RR. Stores, Macco 12-20 * pfd. 2nd MacKinnon Structural Steel 12-20 10-20 (quar.)_ " $1.06% 20c 14c 12%c IOV2C , ' 56%c Telephone— 11-15 5 12-31 , Nickel of Canada, Ltd.— Trust 11- 11-25 10-10* . American Investors 11-15 1 11- 12-20 3-20 12%c 11- 5 11-1 (accum.)__ Mountain 10-25* a______a__a_„__ preferred (quar.) Halle 12- 1 12-31 $1.50 / Corp. '11-25 11- 1 12- $1 Harvester Co., Fireman 11- ; Extra General Tin Island 11-15 ; common.. Corp., common (quar.)_„_„_ preferred (quar. 1 ' $3.50 Iron 10-27 93 %C Co., Shoe General 10-17 1 50c (quar.) Utilities Intertype 1 50c 11-10 11-18 "T 30c (increased). preferred (quar.) International Utilities Corp. (quar.) 11- 87 Vic 1 25c conv. 1-1-50 (quar.)_. 11-10 1 12-19 30c (quar.J__________ 7% preferred ($5 par) 6% 1 10-11 12- 11-10 11- 2 62%c $2 $1.50 88c 50c (quar.) 4%% 10-24 12- 12- 1 12- 1 62%c (quar.) 8% Taylor. Lowenstfein Lucky 10-15 - $2 $1.25 ; (irreg.) (Mo.) 12-23 Dock preferred preferred & Luzerne 11- 1, 25c ; Educational International 9-26 $1.25 (quar.) General Public ■'i-y- 1 10-20 $1.75 (quar.)_ « $5 t$l (quar.). preferred $1 pfd. 6% preferred (quar.) :General Puhlic Service $6 pfd. )•; $5.50 preferred (quar.) 7% 25c (quar.) General Outdoor Advertising 5% 11-1- 10-14 - (accurn.) Lumbermen's 11- 1 37Vic — bond International 11- 7 Vic (quar.) General Motors Corp.— $5 preferred (quar.) $3.75 11- 1 10c conv. Great 10-29 $1 11-1 .-$1.75 10-29 11-15 Ltd.. (quar.) preferred 15C ■1 ;. General 11-14 11-1 $1.06 y4 common Corp 1 1 n- $1 : (quar.) General 5% 11-15 (quar.) Special 7% preferred 10-20 pfd. Gardner-Denver, Company, 4% pfd. (quar.) General American Transportation Corp.— - 2 10-18 62V2C 10-14 10c 11- (s-a)— 2 12- group and Internalional (quar,)__________ (quar.) A Gamble-Skogmo, $4 12- 12-28 12-21 1 -— Louisiana Power & 11-1 11-19 12-31 1-3-50 (quar.) (Md.)— Lumber Louisville & 12-28 11-30 $5 $1 15c preferred (quar.)— Lynch Corporation -—-— —— Lyons Finance Service, 50c class A (quar.)_ 50c conv. preferred (quar.) 42c preferred (quar.)—______________— Macassa Mines, Ltd. (resumed)—_—: 11-2 25c $4 1-1-50 4-1-50 11- 1 11- 1 12-12 11-15 11-15 12-22 11-29 Shares,. Ltd.— International -- 5% 11-11 10-21 ,, 12- 2-21 1 10-31 , (quar.) Theatres Coal & ,b% 1-2-50 $1.06% Interchemical Corp., common 4V2%■ preferred (quar.) 10-21 11- Gale & Company, common • 10-10 25c — Aviation 10-17 11-1 v; - —' Company of Canada, Ltd.— !iV' 4% preferred (quar.)__i.z______l__ 4% 11-1 A Bell Lorain 30c (quar.) Co., 5% pfd. (quar.) Brownhoist Extra Institutional 15c 87Vic .22 Gabriel Company, 5% 10-10 » $4 - Class Long a \ 10-14 Gair f 1 com. Co. preferred Stock Company Extra: *; 11- ' $3.50 Gar 10-20 (quar.) preference $2 v Fulton Industrial Securities CoTp.— Galr Door Indiana Associated 10-14 1 10-21 50c Smelting, (quar.)_. Power 4% , .10-15 10-31 55c 25c r ____ 10-21 1 2-21 11-24 20c ' Boston 3-10-50 (quar.) Inc. —__— preferred Lord (quar.)_ pfd. RR. (quar.) Imperial Chemical Industries, Ltd.— Ordinary r(interim) Imperial Tobacco-Co. of Canada, Ltd.— » 10-14 (quar.) common .. ,11-24^ '11- 12 %c (quar.) common * 10-20 $1.25 (quar.) Co_ ; 25c , "(quar^ J——___ Co., As-a) 416 %" preferred (quar.) Froedtert Grain.At Malting, $2.20 10-20 12- 1 11- 37V2c a Co.,. common— Long-Bell Lumber 11-1 '> 25c common Illinois Terminal 10-20", / , 11- (quar.)__ $4 Groceterias, (quar.) (quar.) Extra fl5c 31V4c Y.) Power Co. Co., Brick 11-15 $1.12Vi Co., common 4.70%» preferred (quar.) 7'i: 10-14 1 & , ( 1 $1.50 Peanut Co. preferred Illinois , 1 8% 12- 11-24 11-10 50c 12-10 50c 8-10-50 Common 11-1 , _______ Powei? 4% ..Illinois 11-12 1 11- Common 11-19 25c Company, (N. & Car (Tom) Idaho - 11- 15c 11-19 1 11-15 30c & Mining Huttig Sash 11- V ' 1 12- (quar.) Hussmann Refrigerator Co., com. $2.25 preferred (quar.) 2 15c ' 12- 50c Co., common— preferred (quar.)__ ■.Huston "-'45c _ • Lock 25c . 5 11-20 10-15 $1.06'A Stores Corp. common preferred (quar. Bay v.* . « 1 Loew's Co., com. ' Flr3t York Loblaw 11- Humphreys Mfg. " -12- 10-25 $1.25 Company- Company Special 10-17 12-15 A.) Lighting Hudson , 10-21 50c guaranteed (quar.) (Joseph) 4 Vi % 10-15 $1.25 Association of Philadelphia (s-a)— Flremens Insurance (Newark)'Sincreased s-a) First Springfield Corp. Ttyear-ehd) guaranteed Special (quar.) Hardart & Hudson V 1 $1.50 (quar.) Fire Special 10-25 $1 11-10 12-10 $1.10 10-10 ; 11-30 $1.10 1 (extra) 11-30 60c 11-15 Pipe Holder* Payable of Be*. Co.— capital capital Joint 47 15c — RR. 11-15 (quar.) Co. —2 Miami When Share (quar. SI JlOc (George Howard 10-20 40c (quar.) Corp.,(quar.) Inc. Houston , & Extra Little Original 35c (quar.)_ preferred A (quar.) " Extra 11- Corporation 37Vic preferred Home Pittsfield, Inc.— preferred Federal-Mogul E.) preferred $4.13 (quar.) Pfd. (accurn.) Original _____ Horder's, .1856 % (quar.)_ Lumber Electrochemical 12- 50c 4%%. 2 125c (quar.) Corp., B $1.25 5% 11- 2 —— Class 11-10 12- Corp., common pref. (quar.)_ (Charles 11-15 Lionel Corp.— Holly Stores, Inc., 5% conv. pfd. (quar.) Holly Sugar Corp., common (quar.) 5% convertible preferred (quar.) Holt (Henry) & Company— 5% preferred (s-a) 12-31 $1 IOC pfd. A (quar.) pfd. (quar.) Faber, Coe & Gregg, 7% pfd. (quar.) Fairbanks Co., 6% preferred (quar.) Falstaff 12- Products (Edward) 8 11-15 quarterly Manufacturing Co., Ltd.— Class A (quar.) 10-14 10-31 conv. 10- 12-15 Increased 11-15 10-31 7%C (irreg.) 4% 10-31 Holden 10-20 , $5 Ltd., }" 12-15 1 25C $1.25 (quar.)— (quar.) common Co., Mills, 11- 20c pfd. Hotels Hines preferred' (s-a) Railroad Esmond Fall 11-15 (quar.)_ Corporation 20c 11-30 11-29 $1.19 — (quar.) Derrick & Equipment Co.— Equity Hilton 12-30 25c 8 $1.25 (quar.)_ 1 SEC—.— (s-a».T 5% preferred 1 — 10- 25c 1 50c the Associates Group Steel Per Name of Company 10-31 ; Co., 5% Holdert Payable of Rec. 933/4c (quar.) Mining Co— 11- (quar.)— When Share • (1739) 40c 11- _—;___: Electric, District Employers Powder - (quar.) 11- — Empire Millwork Corp. Hercules 25c A Elmira & Williamsport RR. Empire Hecla 10-24 held. share each of class Co., (quar.) B for approval Drug preferred 10-14 Utilities, of a.share of Middle South Emerson 33/i% 1 ■ common 15c dividend) Co. (stock 1 Co., $1.12% - America of Corp. Company 11-21 30c Co., common (quar.) preferred (quar.)_____ Step Nut 12- 11- $1.25 Products 4%% Elastic 12-15 $5 ___ FINANCIAL CHRONICLE Per Name of Hecht ,(The) $1.50 (accurn.) & Holder 1 Payable 0/ Reo. Ry. (quar.) B When Share Massachusetts COMMERCIAL preferred Co., National Chemical National City common.— (quar.) & Bank — Mfg. (N. Co. Y.) ______ (quar.) 48 (1740) THE Per Name of Company National Container Common 4%% that* 29 12-10 11-15 a-1 10-20 11- 10-11* ll/40c (quar.).. Corp. 50c I Ltd., 3% . preferred Erie A Class B 12- i Redeemable Quaker 1 11-11 Lead National Steel National Steel 12-15 12- 12- 2 $40c 1-3-50 12- 2 Class . preferred B (quar.) Ltd. (extra)— & Shipbuilding Corp.— $50c 6% preferred (quar.)_-*.__*._____*___-_:*__v: National Tank Co. (quar.) 10-14 Trust 11- 4 11-15 11- of the Nov. Balanced Preferred estimates are 15 distributions: stock : . v ; - 9c series 11-15 10-31 10c — 11-15 10-31 series 8c group Railroad shares Raliroad 11-15 11-15 Neisner .. —..— Co. Brothers, Products (s-a) preferred Western 11- 1 New England Process Co. New York Air Brake New York Merchandise New 1 (J, J.) 11- 1 10-17 (quar.) 15c 11- 1 10-20 $1.25 11- 1 10-21 50c 12- 1 11- 1 10-20 97Vic 11- 1 10-14 Inc.___, pfd. 85c (quar.)„_ 11-15 10-20 93%c 11- 1 10-15 $1.25 3%% Co., 11- 1 10-14 Niagara Hudson Power Corp.— 5% preferred 1st (quar.) 5% -. 2nd preferred series A (quar.)__ 5% 2nd series (quar.). Norfolk preferred B $1.25 Ry. Co.— adjustment preferred (quar.) 4% Normetal North Mining 1 Partial Co. 1 10-14 11-10 10-19 12- $10c 11-14 9 ,<;V ''J-vv Stock for each 10 shares of North Amer- held) common American Oil Northern Illinois Corp., common-... 10-25 11-i 1 10-20 10-20 1 10-31 $1.50 - 10- 3 5 11- 20c 1 11- 37Vic preference-(quar.) Engineering (quar.)__. Extra _ 28%c Utilities, 4% pfd. Ohio Service Holding Corp Oklahoma Gas & Electric (quar.)__ 10-13 & \ Ry. 5% Pacific Gas & 5%% 1st Co._ Electric, 6% let 5% redeemable 5% redeemable preferred 1st Lighting Corp. Mills & Public 1st Parker & $1 cum. $1 (quar.) 11- 1 10-20 11-15 10-30 11- 1 10-15 11- 1 10-15 11-15 10-31 37'Ac 11-15 10-31 11-15 10-31 31'Ac 11-15 10-31 31'Ac 11-15 10-31 75c 11-15 12-15 ■" $1.25 12- 1 11- 1 10-14 11- 1 10-20 11-5 10-22 10-31 10- 7 10c 11- 1 10-25 20c 12-27 12-15 11-15 10-24 11- tic 20c 1 10-15 1-1-50 12-15 11-15 11- 5 25c 2-15-50 2- 3 83c 11-15 11- 5 33c 2-15-50 2- 3 $75c $$1.50 (quar.) B (quar.) 92'Ac 2nd preferred Oil 10- 3 12- 1 11- 1 12- 1 11- 1 11- 1 10-15 87'Ac 11- 1 10-14 $1.50 11- 1 10- 1 (quar.) 3.8% pfd. (quar.) $1 1-3-50 12- 9 95c 11-1 $1.07'A $1.10 Co., ' pfd. (quar.) (interim Rock Corp. (quar.)__ Light & Power 5, 10 & 25c Stores & Pine Foods, & W. Whitehall convertible conv. Francisco 11-1 preferred A vtc .■ 11- 1 10-10 11- l 10-10 20c 12- 1 11-10 91'Ac 12- 1 11-10 r 11- 1 10-17 11- 1 10-17 11-1 10-20 common ; (quar.)__ A RR. Oil 90c $1.25 75c 17'Ac 12- 1 11- 1 11- 4 10-15 11-10 10-20 11- 10-18 7-18 11- 1' 11- 1 12- 1 25c 11-15 11-15 12-31 $1.25 (quar.) r 12-31 11- ' 12- 12-10 Haven) (quar.) Sheiler $3.50 pfd. A (quar.)_ Mining Corp. (irreg.)_____ Power Manufacturing Common Co. (quar.) Shirriff's,* Ltd., 24c partic. cl. Co., (quar.) Company, Steel Bend Lathe California 4.48% 4.56% Indiana Gas & Electric Co., 4.8% preferred (quar.) Southwestern Associated Telephone Co.— $2.20 preferred (quar.) (quar.) preferred 3.70% Portland Gas & Coke'Co., 7% 6% preferred (accum.) Co., preferred of 3.60% B pfd, (quar.) (accum.) (quar.) 11-1 Procter & Gamble Co. 12-15 11-15 11-15 10-15 4Y<% preferred (quar.) 4.40% preferred (quar.)_ 11-30 Puget Sound Power & Light Co. 10-5 28'Ac 10-31 10- 5 West Point $30c 11-15 10-20 West Virginia 35C 12_20 11-25 20c 11-15 10-14 11- 1 Oil Western . 11-1 10-15 12- 1 11-15 11- 1 10-17 ; 5 ' 10-17 5% _ N. J. (One-.'•hare for each 100 11- 1 10-20 11- 1 Co. (quar.) A (auar.) Westminster Paper Co., Ltd., class A Class B (quar.) — 10-17 prior lien (quar.)_ 11-15 11- 1 11-15 11- 1 12- 1 10-31 $$1.25 12- 1 10-31 Whitehead $56(4c 11- 1 10-15 Wilbur-Suchard-Chocolate 12-12 11-10 White's Auto Stores White (quar.) —— Standard shares held) 50c ^ ' " •* 12-12 " $2 , $5 Sewing prior Wilcox 11-10 Oil Common Corp.— 10-20 11-12 11-21 11- 1 10-15 11- 1 10-15 U-15 U-15 $1.75 U-15 11- 1 1 10-15 U-15 11- 11- 10-18 1 1 Machine Brothers 1 10-20 1 10-14 11-15 11- U-15 11- 1 2-15-50 2- i 1 $1.25 (quar.) (quar.) ; 1-3-50 $12'Ac 10-31 10- 8 $2'Ac 10-31 10- 8 12- 11-22 > 50c $1 12'Ac Corp., common 9 12-15 11-1: 10-21 11-15 11- 1 11- 1 10-22 11- 1 10-22 15c Rubber. 50c 50c (quar.) U-15 11- 11- 1 Co.— (quar.) Company, (quar!) 11- 11- . (quar.) preference preferred 12-15 1 11- 75c Weston Electric Instrument Corp. Wheeling & Lake Erie Ry— 10-17 11- 11-25 >1.25 11-10 1 1-3-50 $1.25 (quar.) preferred A (quar.) Western Tablet & Stationery 5 % preferred - (quar.) 12- 11- 12-15 75c 12-10 $1 12-20 25c 5 % 4% 10-25 1 12-15 1 10-25 11-10 31'Ac Telephone— 11-30 11- 10-14 11-10 $1.50 (accum.) & $12%c of 10-21 Securities Co.— 45c Co., Ltd.— (increased) dividend 1 $1.12'A 10-17 Chemical of Insurance 35c (quar.)_! 10-21 11- 75c 50c -__ (Indiana) 10-21 1 Paper— 1 $1 pfd. 1 11- 17'AC v & 12-23 8 U-18 11- d$l 12'Ac Co Pulp preferred 12-15 d50c $$1.37'A preferred preferred (guar.): .Western Pacific RR. Co. 10-17 , 7-17 $1.75 Mfg. Light 4-17 $3 A. $2.50 class A 1-18 5-1-50 8-1-50 50c 5% ; 9-30 10-17 50c (s-a) (ouar.) preferred (quar.)_ Westchester Fire Insurance 10-15 , 1 $1 (s-a) 4'A% $1.20 11- 2-1-50 $1.12'A (quar.) Electric, 6% class U-18 10-30 $1.06'A (quar.)___ 25c (quar.) 5% preferred (quar.)_ Standard Fuel Co., Ltd., 4'A% Stock 1% 1 10-15 37'Ac (quar.) ; common Co. 1* 15 12- 62'Ac (quar.) 7preferred . preferred series A (quar.) Stamford Water Co. (Conn.) (quar.)_ Co. pfd. common 10c $4 Oil Penn 10-31 Spalding 11-15 West 28c 10-20 11-15 , 10-24 10- 10-11 1 5% preferred Mfg. 11-15 5 1 d75c -—i (quar.) preferred 10-31 1 Standard (quar.)____ 11-15 12-22 11- 12-10 Ltd.— (quar.) com. Wesley Mason Mills, Ltd., 5'A-% pfd. (quar.) West Michigan Steel Foundry, 7% prior preferred <quar.)_ 3 11-15 1-3-50 37'AC Wentworth 9 10-21 37 %C 10- 1 1 37'AC 12-10 1 11- 12- 25c 37'Ac 11-30 n_ 12- Co., Company, conv. 9-30 1 30c 11- 90c $1.10 $1.25 ; 12-20 11- $1.06'A Public Service Electric & Gas— $1,40 preferred (quar.) 4% U- Co.— Wellington Mills, 6% preferred Wellman Engineering Co $1.25 Common Brothers vWeeden & ; 10-31 Cuba— 11- preferred Sovereign Investors 10-14 of 10-10 10-20 1 Co. 1 1 11- 25c (quar.) 12-12 11- 65c 11-15 (initial) 11- 87c _____ 10-14 1 62(Ac Inc. (quar.] preferred conv. 1 Extra $3 10-10 $4.50 1 Standard U-15 1 12- $1.31'A Wisconsin, 10-17 11- 10-25* of 11-1 11- n-15 1 11- 12'Ac Gooderham & Worts, Co. preferred 97"Ac - (Hiram) Mfg. $4.25 $l.033A 75c (quar.) Public Service Co. of Colorado— Common (Increased quar.) 12- .30c Increased "Walker Washington Gas Light, preferred $4 10-21 $1.06'A : (quar.)___ Warren preferred 11-10 Co. 10-14 3.90% 1 1 50c 10-17 4.15% 12- 10-14 11- — Sugar 10-14 5% 25c America (quar.) (quar.)______ preferred 1 4 10-11 1 25c com. Co., 5% 1 1 11-1 10-28 11- 12'Ac (quar.) Food Corp., 11- 4 $1.17'A U-15 Co.— preferred 11-1 10 Sons 10-20 10-14 $1.50 Co 11- 11- & 1 1 62'Ac (quar.) (quar.)___ $6c 11- R.) preferred 11- 11- $60c 10-20 12-19 (E. (quar.) preferred convertible Walker 10-14 U-18 12-16 11-30* 75c (quar.) preferred (quar.) Virginian Railway, 6% pfd. (quar.)_^ 6% preferred (quar.) 12-15 1 12-19 Squibb 12-20 (quar.)_____— 92'Ac (A. G.) Brothers Inc. (quar.) Spencer Kellogg & Sons, Inc. (quar.) 1 1-3-50 75c (quar.)_ 75c pfd. 12- 22'Ac $75c 4'A% pfd. Mines, Ltd Chemical Western (quar.) (quar.) (quar.) 10-17 $1.06'A pfd. Virginia Iron, Coal & Coke Co.— (quar.)_ 1 preferred 55c Service 1 11- preferred 55c Public Common 12- 6% 40c Southern 9 12-14 Corp.— (s-a) Tobacco Sea 50c preferred 12- 6% 1 10-11 1-2-50 60c (quar.) 75c (quar.) convertible preferred (quar.) Southern Canada Power Co., Ltd. (quar.) Southwestern Leaf $25c convertible 10-11 Inc.— 40c common 1 1 7 $75c 50c (quar.) Edison, 1111- 12-15 $30c Ltd 10-31 12-28 $2.50 common 10-15 15C (quar.)_ 11- U-15 Specialty Corp.— 50c Iron Works Co., & $$1.12'A O.) Southern A 11-23 11-30 1-3-50 40c (quar.)___ 10-15 1-3-50 $20c (quar.) Corporation (quar.) Pulp Co. (quar.) (A. Soundview class i:--;. (quar.)____ 1 $37c (quar.) (quar.) $25c A 10-15 11- 40c 11- ,11-18 $2.50 $1.25 12-31 10-10 , 11-28 11- 7 11-9 . 12-12 • 10-31 *10- 1 10-24 4% -10-31. 12-10 10-18 $1.50 Ltd., & Vick 1 11- 11-15 10c common.: preferred Simpsons' Ltd., 4'A% pfd. Sinclair Oil Corp. (quar.) Skelly Oil Co._: (N.) - U-15 11- 93 %c Quarterly ! 3-15, 10-31 87'AC (quar.) 11-25 50c (quar.)____ Power Sloss-Sheffield 10-18 1 1 U-15 50c 25c 59%c Sherwin-Williams Co. of Canada, Ltd.— Common (quar.) 6% 11- 92'Ac $30c f Corp., common 43A% preferred (quar.) Sheraton Corp. of America (quar.) Sheraton, Inc. (quar.) preferred 10-21 40c Products Pacific 11-1 Co. Vertientes-Camaguey 1 '10-21 11- 4- U-15 10c Corp., Insurance Car 12-17 10c Corp., $6 Co., 5% Canada Vapor 9 10-17 $25c preferred prior 12-10 11- U- 1 1-3-50 87'Ac :■ Machinery Knitting 1-3-50 1 20c V Pictures, Camp 11-10 12- 62'Ac $1.12'A preferred preference Stores 5% Van Corp.— quar.) (quar.) preferred Utica 11-10 12-10 12-10 11-25 U-15 /' ' quar.) Upper Peninsular Power Co. 5'A% pfd. (quar.) 12-28 87'Ac (quar.)____ (increased 1st A conv. 1-3-50 20c Extra Denn * 5 12-15 62'Ac Corp., 6% preferred Corp., Ltd.— Steel Upper 1 35c 11-10 Investments, Transit 31 Vic (New 11-10 9 $12'AC (accum.) Utilities 7'Ac (quar.)__ 10- 9 12- : : Radiator Universal 11-10 12-10 1 12- California— preferred Universal 12-1 50c 11- $4 . 11-16 10-20 100% Co. Canada Tool & 3-15 $6 V (quar.)____ (quar.) Insurance Universal 12-15 10-28 25c class 7'Ac common Sharp & Dohme, Inc., Shattuck S. 5% 9 6-15 U-15 1 (quar.) United " 12-15 25c Corp., Shawinigan Water & B Fuel United 10-20 V 40c 50c ; 12- , 1 4-1-50 6-26-50 1 Lines, 4'A% preferred (s-a) Pipe & Foundry Co. (quar.) 6% * 9 "' \c;.',v; 27'Ac 2% (quar.) 12- 40c Co. Drill United , 12-15 12- : of Hoffman S. 10-15 U- (resumed) Fire S. 10-31 1 IOC (quar.) United : Insurance 10-11 12- 1 $31 'Ac (quar.)______ preferred 1 12- $25c /• 11-14 11- U-15 11- $1.06'A (quar.) Realty Corp.— S. U. 11-14 1 12- 1 B 4'A% 1 of Missouri— < reduced S. U. 10-28 10-10 d50c (Hartford) (quar.) of U. 10-18* 11-15 Co. U. 10-18* 1 15c __i Quarterly ■ U. Delaware Acceptance : 10-10 1-3-50 50c Ltd.— 6% class A preferred (quar.)„_ United Merchants & Manufacturers, 4-18 8-1-50 Co. Corp. Class United 11- 1 50c Corporations, Ltd., class A United V 1-18 5-1-50 $1 preferred Common South 10-15^ 11-1 1 60C (quar.)_____ Co. conyertible Class 10-14 11-15 62'AC (quar.) 1 Co. Cities United 11-1 11-10 1111- j preferred United '.\ 1 9-23 85c Extra Slater 2-1 ;.5- 2-1-50 ; Roebuck 5% 10-31 27'Ac (quar.) Co. ,of United 1 10-31 11-12* \ preferred A (quar.) Cigar-Whelan Stores-" $3-50. ■: 11- 27'Ac Corp.— preferred Extra 5% ' 27'Ac - Container $3-75 United 4 50c vtc convertible 8 11-15 11-30 $1.75 (quar.) Insurance preferred Common 5 Co. scries A non-cum. Sierra 11- • (quar.) (quar.) preferred Gas Oil 10-10 10-17 1-3-50 15c Corp pfd. (quar.) Union 1 1 $4c $1.50 — preferred $4.50 12- 1 1111- $1.25 25% 7% Co.— Insurance Union . 11- : $1.12'A 4'A% preferred (quar.) Tzust Co. (N. Y.) (quar.) & Electric $3.70 . 10- 25c > U-15 $1 • 9-30 11-15 91'Ac 12-15 : Chemical dividend $3.50 12" 1 $1.07'A 5 U-15 1 50c Common " 12-15 & Co. Universal Union , $10c ; 11- 12-15 25C T $20c Co. (quar.)____ Scythes & Company, Ltd.^ common 5% preferred (quar.— Line l 9-30 11- 1 30c 5 11-15 (quar.)™- 9 11- 5 Electrip Air , 15c (quar.) (quar.) preferred A (quar.) Scott Paper Co., $3.40 pfd. (quar.) $4 preferred (quar.)___ Scotten Dillon Co. (irreg.) Scovill Manufacturing Co., ■ 3.65% preferred (quar.) 4.30% preferred (quar.) ^ 5% ! 12- V .. A 11- 31'Ac 25C ;• Unit, 6% pfd. (accum.) Tung-Sol Lamp Works, Inc., 80c pref. (quar.) 208 South La Salle Street Corp., com. (quar.) 1 10-14 12%c 2-15-50 preferred Security \ 12'Ac 5-15-50 preferred 5% 10-20 11- 12«Ac 5'A% Securities 1 10-31 27'Ac 10-21 10-20 U-15 Tudor City Ninth 10-11 11-15 U ^ * 5'A% Stock Trinity 15c Transit 5'A% Seaboard 11- 3 $7c > Schenley Industries, Inc. (quar.)_____ Schwitzer-Cummlns, 5'A% pfd. A (quar.)— 5'A% 11-1, 50c ■ Ltd.__ Mining Syndicate, Ltd. <fc Company, Ltd., class A (qu«r.)___ Class B (quar.) Seaboard 10- .12- 1 „ (quar.) Mines, 10-31 11- 25c (quar.)_ : Power Special ■'■U'-' Arabian Seaboard 1 . Scarfe Scranton 11- $1.25 25c quar.)r___: dividend) Mfg. Company Travelers $$1.06 1-1-50 f ; $40C > 11- 1 „ 10-21 (increased) preferred Edison, Trane $$1.75 10-21 10-31 (quar.) Bank 10-15 : (quar.) Toledo 10-3 - 12-16 10-31 25c Light, Trade ... 10-15 12-15 & Glass Water 11-1 ; (stock conv. 11-1 : 1-3-50 (quar.)J Ltd Common Tide 10-20 50c 57C 50c Common 11-24 10-14 $1 (quar.)_ Company, $2.50 conv. pfd. Thomaston Mills, common__ 11-10 1 11-28 (quar.)__ pfd. Thermoid 10-20 ~ Quarterly Sears, 12-15 12-1 11- ; (quar.) Ry. $2.40 12-12 10-30 Transmission— preferred Thatcher 10-25 " 25c (quar.)_____ Inc. Products Power $6 10-25 11-15 Texas 10-10 1 " ; preferred Mines, Gas Tennessee 50c Quarterly Quarterly 5% 1 Inc.— Special Regis Paper Co. Saudi 11- (quar,25c RR. preferred Gold 1-15 11-15 25c St. Lawrence Flour Mills Co., Ltd., com. (quar.) 7% preferred (quar.) 5% 2-1-50 15c 7 11-15 10% Biscuits, Gold Common 1-15 10-15 1 - 7 10- dividend class A $10c :r" Louls-San 10-15 1 $1.25 Saguenay Power Co., Ltd., 4'A% pfd. (quar.) Bt. 1 50 11- Ages 7 10- 1 50c (quar.)___ Tennessee 11- 110c of Rockland 1J0- 1 11- Symington-Gould Corp. 11- > 1 11- 25c common 10-21 19c Cement, $5 preferred (quar.)____ partic. class A (accum.) Cotton Mills, Ltd $1.25 preferred Company, Oil 10-18 1 933Ac Robinson 4'A% common Sunshine 50c Riverside ___ (quar.) (Initial Corp., Sylvanite 11- 40c 11- $31'Ac (quar.) Company, Inc. 10-21 45c : Wells Stock . Rich's, Inc., common (quar.)___ 33A% preferred (quar.) & 10-21 1 2-1 $1.12'A !75c $433Ac (quar.)_ common Inc. Textiles, P.) Corporation '' $1.25 ; 10-26 45c quar.) 12-15 5 75c (J. 11-15 $1.31'A - 10-17 12-31 10-15 Corp. $1.25 Stores, 11- 15c — qusr.) B Stern & 4'A% 15c 1 Company (quar.)_____ 10-31 5c 10-10 11- (quar.) 11- 50c 10-10 1 Strawbridge & Clothier__ 10-15 11-1 75c (s-a) Brass, 5'A% Tobacco— Southam 10-10 $1 Water 11-18 52'Ac Manufacturing Co., common (quar.)_ 4'A% preferred (quar.) Rice-Stix, Inc. (quar.)_____ Smith (quar.) Co. Metals 1 $1.06'A preferred dividend Edison 11- 10-17 * (quar.)_____ preferred U-15 $1.10 (quar.) 1 - ,___ '■> — C 12- 35c 1 11- Year-end Sun Rheem SheJlmar • 25c Philips-Jones Corp., 5% pfd. (quar.) Phillips Petroleum Co, (quar.) Pioneer Petroleum Co., prior pfd. (s-a) t.&A 10-20 10-20 35c preferred (quar.) Philip Morris & Co., Ltd.— Pressed 1 11- 75c _. (quar.)_ Stevens 1 11- $1.22'A (quar.) Canada, Ltd., & Struthers . 34%c Hampshire) $3.65 preferred 4.70% 1 62'Ac Philadelphia Suburban Potomac 12-15 Transport Co.— preferred (quar.) preferred (quar,)__™ Stock 10-21 50c (New Stein 10-21 Stouffer (quar.) class Common v. preferred A Plymouth 10-31 10-31 32'/2c (quar.) preferred preferred 3.60% 10-14 11-15 11-15 Telephone non-cum. 4% 1 50c ji__ pfd. (quar.) Philadelphia Electric Co., 4.4% 11-15 11- 10-14 $1.25 Philadelphia Co., 6% preferred (s-a)___ Philadelphia Dairy Products Oo. 4.3% 1 31'Ac Pennsylvania Power'Co., 4.25% pfd. Pennsylvania Salt Manufacturing— $4 12- 11-15 Co.— Pennsylvania Electric Co. 3'A% 10-12 10-12 11- _• preferred 4.40% 1 10-31 ____ (quar.) preferred (quar.) $1.32 cum. preferred (quar.) $1.32 cum. preferred (quar.) Penman's, Ltd., common (quar.) 3.70% 11- 11-1 ~ 11-25 cum. 6% 10-15 '1-3-50 (quar.)_ Co. Casualty "• 10-31 25c ______ Common / 45c C.) Co., Inc., 40c pfd. (quar.) Transportation Co. (quar.) Paymaster Consolidated Mines, Ltd.— Peninsular 10-15 $1.12 Vi (S. Peerless 10-14 20c Parmelee Resumed 1 1 l — (quar.) Inc. 11- 1211- $$1.75 (s-a) Tilford, Davis 4 $1.25 _ 5% Petroleum & preferred & Parke 4 11- 10-31 $50c .x_ preferred American 4% (Del.) 1st pfd. (reduced Light Co., 11- 20c (quar.) Service Park 50c 10-24 12-10 12-10 $1 $1.12Vi (quar.)__ 1st preferred A (quar.)___ Power $1.30 10-31 - 60c - pfd. Pacific Pan 10-28 75c (quar.) (quar.) Pacific Pacific 10-27 1 ^ preferred 5% Pacific 1 $1.25 Glass Corp. of California preferred (quar.) sinking fund series (quar.) 5% Common Antonio 12- . Finance 10-14 11- 10-14 $10c Lithograph Brothers $40c (quar.) (interim Ban 25c Company Owens-Illinois & (R. J.) Common Antonio $$3 Oswego Falls Corp., common (quar.)________ 4Vi% preferred (quar. Outboard, Marine & Mfg. Co Outlet Copper Reynolds B St. 11- common.^. _™ Pacific Revere San 22Vic (s-a)__ common Sterchi : 10-21 preferred B 10-14 15c 7% preferred (quar.)—^Ljt Osgood Company (Ohio) class A common™, Class B Co. of (A.) 1 6% 10-14 $i Ltd., Stein 11- $25c 1 $15c preferred Co. 11-1 15c 10-20 1 $$1.75 , Co. Products Co., 10-13 15c 11- 50c Quebec 11-10 1 11- 11- 1 Corp.— participating preferred Participating ; Ltd.— St. Paul Fire & Marine Insurance Co.— 10-14 _____ Ontario Steel 10-28 preferred 11-1 35c Co., common.. Company (quar.), Oliver Corporation, 4Vi% conv. pfd. (quar.) Oliver United Filters, class A (quar,).:.* 11-15 11- 11-15 50c 7% 6% 1 11-1 ____ Okonite Ontario 11- • $1 _______ B Insurance 50c (quar.U__ pfd. (quar.) Extra Steel 10-20 10-20 $1,25 (quar.) __. Ohio-Apex, Inc. <quar.)___— Ohio Oil Co. (quar. )________—___ 10-20 1 Investors Fund, common. 6% preferred A (quar.) 6% preferred A (quar.) 50c , _ Noyes (Charles F.) Company, 6% Ogilyie Flour Mills, Ltd.) 7% pfd. Class Reliance 4% 11- $1 convertible Northwestern 1 11-1 11- Republic * > . Northwest 11- 50c (quar,)___ A 11- (quar.)_ Edison preferred 25c class Electric & Engineering Co.— (year-end) preferred (quar.) Rutland (quar,)>4. $1.50 convertible preferred (quar.)_ Northern Railroad (New Hampshire) (quar.) Northwest Airlines, Inc.— - 4.8% preferred - S. —. Consolidated 5% Company, non-cum. $2.10 Rose's liquidating dividend (One share Kentucky Coal Co. common lean 5% 50c (quar.) Extra 25c _ West North 10-22 50c Common 10-14 11- Ltd.—— Corp., American Of 11- $1.25 - Western & 10-22 1 75c . $1.75 Co.— (quar.) Stecher-Traung 11-1 11- 50c Knitting Mills, Reliance 11-15 20c _____ Co Co., 10-22 25c quar.) — 10-15 York Power h Light, 3.90% pfd. (quar.) York State Electric & Gas (quar.) certificates (irreg.)__ 11-1 A Island 4.90% $5c —________ preferred (quar.) (Canada), Ltd,— 5% redeemable preferred (quar.) Reliable Fire Insurance Co. (Dayton Ohio)— Quarterly. 10-15 11- $$1.50 New Newberry 10-31 10-31 75c pfd. (quar.)— Canada, Ltd.— (s-a) Fund, 11-15 11-15 $1.183A — Inc., 4%% of 10-31 5c 6c shares Water Naugatuck $15c (increased B $1.60 10-31 11-15 equipment shares Retail trade series (C. 10-31 4c 4c Selected Corporation, Reed Regent Class Staten (quar.) common A.) 10-31 10-18 Holders Payable of Rec. 12'Ac pfd. (accum.)_ (quar.) preferred conv. $7 Corp. Spring Stanley Brock, Ltd., class B 5 11-25 $25c Pile Co., common (quar,)___,—__—_— Reece Class 11- 4% 1 $5c Inc. Co., Steel Reitman's series Stock 4 Funds— The amounts shown below Reading Silica Standard 11- When Share 10-14 1 < Concrete Rayonier, Company Standard. Power & Light, 11-30 14c — (quar.) Company, class B $3 preferred 10-14 53'Ac (quar.)_ 10-31 11-15 47 Vic Co., 4'A% preferred preferred (quar.) 3.8% New 10-31 37'Ac 10-24 1 $1.50 __L Raymond 9-30 11- B Randall 10-14 12 Vic Tea National 6% 1 15c ■. Extra National Neon 11- 10-31 $1.50 Car, Co. Per Name of 10-15 11- $87'Ac (quar.)— Products, Ltd.— Participating class A (quar.) Participating —_—: 5 1-1-50 Co., 6% preferred Distribution Shares™ Power Holdert 10-31 Standard (quar.)—■ Quinte Milk 5 $1.50 6% Co., 12- Quebec Ltd.— (quar.) (increased) National 12-15 $15c Mills, $2.50 preference When Monday, October 31, 1949 Payable of Rec. 15c —._ Oats Quarterly 11-11 12- 1st pfd. (s-a) preferred (s-a) 2nd Hosiery Class — . Corp., 5% non-cum. National (quar.). $12'Ac 115c common Convertible CHRONICLE Share " Corp., Ltd Purity Flour Mills, Ltd.— National Drug & Chemical Co. of Canada, National of Company Purex (quar.) Products FINANCIAL Per Name Payable of Reo. 10c preferred Distillers & Holder« (Del.)— Corp. (quar.) conv. National When COMMERCIAL common $1.25 (quar.)__ 1 10-20 10c 11-15 10-31 10c 2-15-50 1-30 * : ' • ' !,■ s THE Number 4851 Volume 170' f "'<V *, - • ..Per . Payable o/ Reo Ltd. "Winters - — Crampton if Corp. J J*1® , ,, i . •Woolworth ■ pref. . common 5% prtxerred 6% , preferred resident tquar.;__ Less a income British d Less 3% xLeso 30% 12-15 1 Jamaica ——..... 11- 1 Ix- 1 11- 1 Los ■ t „ to engaged 1941 smce with its Texas and also has productive they net of recoverable 46,000,000 of reserves barrels. Los crude oil Nietos' has net of 10-1 lu- J 10- 1 Alberta. It various owns addition to Los Nietos The company has called for redemption Nov. on & Los of Co., This the (Continued from page 12) ion the 4% of Oct. s.-ock and declaicd 24 usual the a corporation Mainland United dividend of $1.50 quarterly dividend of per $1 _ record stock together with March on per - 1640. p. text and ^ asked is Civil operating flights D.iv. of aeronautical its Co. both ~ British parts Board daylight and bonds will be these $ • - • the Trustee Standard anti-trust Board's corporation, announced Oct. 21 for 30 days—V. 170, p. 1640, The Empire the effective the Trust Trustee Sept. trust Co., Standard that the and Net investment 1949. 26, York, N. Investment No Until close of . proceeding hearing the against would ^ Shares—-To Y., Shares has Terminate resigned series C as and trustee series D, terms of the 1950, the trustee shall proceed and units or as other thereof part forwarded pany as represented to the holders agreements, beginning Feb. 8, to sell and convert into cash all stock Bids for 9,166,047 real estate and 4,031,122 2,495,501 3,595,421 ' 5,743,731 $0.77 $0.81 $1.10 $1.91 " " United $14,488,353; receivable accounts Plant for Sale— personal property, either ( . stock ($5 common par After The or a Sept. 30— 1949—3 Mos.—1948 $0.07 $515,540 V $0.17 170, p. Oct. stockholders, common. ' distribution, Niagara received 20 Hudson ' as • 28.5% from ■ 14.1% to (or of to In approving the as distribution condition a its to (EST), on The the No. 60 15.06% of interest the in to plan, however, the Commission speci¬ order that "United undertake to approval the to three These which matters questions were we company, shares results of of (1) a a new authorization SEC series preferred of to be used (3) issue and sell (no par), subject to stock have follows; as set with particular of the company and its wholly Union Oil Co. of Calif.—Notes forth reference owned subsidiaries /■ net net the , and extensive divestments by A •- ' "* $831 ■ > On the not to be a adequacy the question Commission consideration and United as is in of converting United that its past "the share- per holders • part of because the normal the sfe^el accumulation, The financial and statistical therefore -on approximations. reflected In such data will but quarter. return a to be 1 - before declaration of dividends, of 6.5% reported sa'es. on Income -Cor $133,223,409 as or and the third ouarter of return a 1949 amounted) the first nine months amounted 4o with shipments of 15,129,874 net; for compared as nine months of 1948. • V . At Sept. 30, required '%'Net current after 1949, authorized further expenditure a assets of Employment and with statistics of quarter $190 projects yet to toe million—a total its subsidiaries at Sept. 30, declarations, the for 1948, S522,- were 1948. third quarter of 1949, follow: /; 1949 < • Average number of employees Total of dividend current payroll '■ postwar million. $488,849,257 at Sept,:30. the third Third Quarter— $1,021 the corporation and the deducting compared with compared . of program 2)1,467 — payroll 1948 300,097 S231.922.996 $265,649,187 COMPARATIVE INCOME ACCOUNT V. ■ ' v; *' , •%' • ■ J} Per. End. Sept. 30— $ . 1943—3 Mos.—1948 Products and services ; / sold cial $ •' 1,916,776,923 /' . 1,754,721,055 salaries, so¬ security taxes and 234,088,440 267,740,679 734,338,663 246,007,811 237,795,018 pensions 750,247,229 and exhaustion i of facilities— Based 739,312;405 . bought ./ 705,824,573 ', "" /'...» ;^ 'i1/ l orig. cost] to cover re-} 34,439,838 "• '■ on ;i;Added placement Estimated 11.1,354,314 601,265 1,734,309 105,941,134 •* costs 579,941: ' / -r* • 1,804,419 i »* 45,878,999 37,596,374 -31,000.000% 27,100,000 taxes Fed. 110,000,000 76,200,000 i 34.599.132 13°.223,409 19,520,862 „ taxes . income Net 36,104,430 cost__J other on on ' ., Products and services Wear *.. ' 1949—9 Mos.—1948 %' ; 604,838,086 620,283,699 Wages, jj . income / ' 'A 39,171.144 dividends. 16,343,175 ... . ■ ; " /■' 88,042,150 6,304,919 6,304,919 18.914,757 18,914,757 dividends13,054,879 10,879,065 39,164,634 32,637,193 17,415.148 *$1.09 75,144,018 $4.38 36,490,190 ■>$2.63 a United's holding Balance surplus Earned per com. aBased 1949.—V. 19,811.347 $1.26 r.: shr. present shares outstanding after 3 for 1 split on May 12, p. 1440. ■ upon 170, ,jr;' Universal Laboratories, Inc. Quarters Ended— Operating loss and Non-operating (& Subs.)—Earnings— ; Sept. 30,'49 June 30,'40 -f.--,.™ —-— ' $351 $750 non-recuning losse"111,232 28.6L1 company . . holding company. We have of course never passed this program ..." determination jusfc of facilities postwar Common of stated or 1949 10, operations fourth the of tons, tons first million. completed Total by the upon has buildings, , . 'T completed the acquisition of all of the outstanding from the five grandchildren of the late Edward L. Doheny in consideration lor a cash payment of $22,400,000 and , hos¬ averaged Preferred company. - * This company has investment the retirement of United's own preference stock through a series of exchanges for portfolio securities and cash With respect to question 1, the Commission states that "United thus far has indicated only a general program of reducing its owner¬ ship of voting securities in its present and former subsidiaries to' less •tharrlO%, whereupon it proposes to file an application to be declared capital stock-of Los Nietos Co. an .: ; for In the -thirdsquarter of 1949, expenditures for additions to and replacements of facilities totaled $36 million. Such ^expenditures brought the total spent for facilities over the whole postwar period to ceasing to be respect to its present and former subsidiaries. ensuring fairness to security holders /in the into designed steel ingots nad castings in the third quarter vof 82:7% ' of raled capacity, as compared with 99.8% during the second quarter of this year. . 1949 company organizations various pension trusts, Aetna Life Insurance Co., North¬ western Mutual Life Insurance Co. and John Hancock Completes Acquisition— \ : United in are products of steel cellaneous ./"' merely required United to change its then capitalization to 'one class of stock, namely, common stock' and to take such further action as would cause it to cease to be a holding company." Thereafter, "sub¬ stantial progress toward compliance" was obtained by major re¬ Placed Privately—The of months Production / in superimposed upon its various subsidiary holding Although stating that this could be achieved by United's liquidation, the Commission, in recognition of the "strong preference" of United's management to convert United into an investment com¬ pany, "determined that under proper conditions and safeguards this might furnish a feasible method of compliance. Our order, therefore, it was announced Oct. 27, has placed privately through Dillon, Read & Co. Inc., $40,000;000 2%% prom¬ issory notes, due Nov. 1, 1974. The notes were sold to the New York Life Insurance Co., Bankers Trust Co., for . of of "ac¬ A sales. 4,781,000 for bised $39,171,144, as nine on 15,549,000 above." * required of United companies. the construction company, Mutual Life Insurance Co. question action question of the treatment of option warrants. Commission's 1943 order required elimination of holding to finance the of The The utility subsidiary, Union Electric Power Co., and to repay temporary bank loans for constructlompurposes of from $2,000,000 to $5,000,000.—V. 170, p.1 1439. program The conversion 7.7,'[■ competitive bidding. Proceeds of - the-financing are question holding company with (2) * received The have bus mess "/ *' doors, . prevented quarter of 194S, long-term debt. State, local and mis- investment De¬ , certain 1P4*>, strike results Int. 'and an ; •. •. of are the third transformation inviting bids for the purchase of 150.000 shares Such b'ds will be received by the company at Broadway, New York 4, N. Y., up to 12 noon has the Shipments 9,580,988 promptly and as its next step under our order of Aug. 14, 1943, comprehensive plan under Section 11 (e) of the Act, detailing the remaining steps to be'taken, and the timing thereof, to complete its into whioh opeiaticns dividend of 50 cents a - 1, steel a 1.-.* Nov. company 150,000 to is company first tons • Oct. below the of in 7.0% ..file 1235. Weldwood. lire required for accounting purposes. reported the distribute complexities and inequitable distributions of voting power within its system. The dividend would be paid to holders of its 14,529,491 shares of common stock. fied ' cessation began Income for various cure describing 31, 1949, and contained included of ; : to United's Green T. Accounting increasing ~J v"\* ~. stock, payable Dec. of Nov. 4, 1949. V,^;' \t as No .effects is $0.18 Niagara Hudson common shares outstanding), is said to be "in further compliance" with an August, 1943, order of the Commission directing Union Electric Co. of Missouri—Bids for the Purchase 1901. accounting company's, steadily , reduction a Alfred 1161. p. $544,521 a r Involving of of the Manager common complete 675,6521, 696, authorization SEC appointment keen increased tho , data value), $13,283,- special capital dividend, l/10th oL Niagara Hudson Power Corp. common stock for each share of United The Chemical Corp.—Moves Executive Offices preferred, stock. the had States Steel Corp.—Quarterly Earnings Report which of data 1949—9 Mos—1948 $208,848 $0.08 share._ N. Y.—New Officii institutions, offices and apartment this corporation.—V. 170, p. 1440. by v The * The the strike : charges and Federal income taxes.—V. common share of of Preferred Stock— Room Allentown-Beth- preferred stock, payable Nov. 19, to holders record 'Vr.; in by stockholders in excess of par value of capital earnings retained and invested in the business, $6*7,- corporation its to The company on Oct. 24 announced the removel of its executive and sales office to the Empire State Building, 350 Fifth Ave., New York 1, of schools, the on Cigar-Whelan Stores Corp.—Earnings— com. 169, record Oct. States Treasury savings/notes, $23,903,320; inventories, (less (net), $223,743 per United p. handle brochure issued ..':./ United Corp.—SEC Authorized Niagara Hudson Div.— . 170, $25,886,500; paid $9,895,904; Period End. 170, p. 1538. Y.—V. expendi¬ construction $475,000; States Plywood Corp;—New Brochure— United on 17,308,102 1,012,034 1,627,250 *Net profit bulk. Unexcelled N. 80,402,889 2,332,629 2,388,590 value), par Earns, bath, are to %''••••.'• .>■ The plant occupies over 6,300,000 square feet of floor space in 14 major buildings situated on a site of approximately 480 acres. i. : The trustees are; John H. Chatz, 176 West Adams St., and Aaron Colnon, 208 So. La Salle St., both of Chicago. Norman H. Nachman of 38 So. Dearborn St., also of Chicago, is attorney for the trustees.— made in announced result,of a 1949, have invited bids to be made before Dec, 4 for the purchase of the land, buildings and certain machinery and equipment of the Tucker plant at 7401 South Cicero Ave., Chicago, V. 78,260,839 2,763,388 for United The trustees of this corporation 111. meet to (Pa.), —Reporting earnings for the third quarter of 1949, Irving; S. Olds, Chairman, announced that* the directors hall Oct. 25 declared the quarterly dividend of $1.75 per share -.272,494; total, $139,212,560.—V. 170, p. 248. a at 120 Broadway, New York 5, N. Y.r—V. 142, p. 1836. Tucker Corp.—Chicago used Co. 'J. ■/*'''' pitals, held by 51 be 40,149.627 1,156,192 19,824,973 share.- com. amount stock, trust practicable, as new been LIABILITIES—Accounts payable, $4,926,909; accrued liabilities, $5,Federal income tax,- $5,776,426; advances on sales contracts, employee payroll deductions (Federal taxes and savings bonds), per contra, $757,032; reserve for development facility expendi¬ tures, plant relocation, etc., $4,500,000; 5% cumulative preferred stock it. Beginning May 9, 1950, check for the proportionate by certificates then outstanding will be thereof upon surrender to the trust com¬ property \then thereafter soon authorization; tp • make open-account be 279,339 710,374; 1950, 7, also to company A 37,000 544,473 1,773,210 ' 492,927 1,232,398 tax income per ($100 the Gas ' shrinkage and obsolescence of $1,131,851 and after pay¬ ments totaling $23,100,054, secured by lien, from United States Govern¬ ment on uncompleted contracts), $46,923,999; cash in special deposit accounts (per contra), $757,032; investments (stocks of subsidiaries not consolidated), $155,412; land, buildings, machinery, equipment,-etc. (after reserves for depreciation, amortization, and retirement of $42,545,946), $40,638,410; deferred charges, $2,154,031; total. $139,212,560. property. to to County Controller. He Controller.—V 54,740,577 107,083,905 109,817,873 10,450,536 expenses income $10,192,000 855; the following, company JUnited sell. charges ASSETS—Cash, recessed be part of the Department has also been advanced to Adriilni&trativc Assistant to th« Division holders of certificates for 1.500 shares or multiples thereof may surrender such shares to the trustee and shall be entitled to receive the proportionate distributive Pursuant apply - . to Dallas, Texas, less transfers from reserve for plant $525,000 for the quarter, $1,400,000 for the six months of 1949jA;:";;(;e^rir«I-.n ,-y ■„ v: ; CONSOLIDATED BALANCE SHEET, JUNE 30, 1949 '■ trustee having been appointed terminate the two trusts on Nov, to Feb. business, so that-we-can properly iairness."—V. 170, p. 1538. and com¬ . •' .$ - $1,203,066; the by step Miss- Lorttta R." Barry, (formerly Assistant l Manager of the Accounting relocation, successor has elected company further step as 1943. Our statutory responsibilities transaction in the larger con¬ each H. the *Including interest, discount'on purchases, etc. tExpenses incurred during 1949 quarter in moving operations of the Chance Vought Air¬ 1949. 9, 1 Co. Assistant . 51,900,654 - admin, reserve Investment New worth commea partment since 1946. In making the announcement, Herbert G. Keeine, Controller of the Company, stated that thi6 appointment will enable - 1949—G Mos—1948 •' • _l 1,444,682 tOther Two Trusts— of view received SEC has the to Gas The as Mairi- - 143,863 246,738 35,891,521 Earn, legal a Transamerica Corp.—Hearing Recessed— in propose may to program necessity Lancaster arisen sub. Income Federal companies registered under The Canadian and Companies Act, 1932, as amended.—V. 170, p. 1640. officer buy Cuba, to Honolulu.— iiV.:-..•■'■-'47•-)*"' $ (net)— Engineering, devel., Randolph M. Evans, Federal Reserve Board Governor who is (serving hearing be ever to Winston, former manager of the company's branch office has been appointed to the newly created post of Executive Assistant. In his new capacity In the executive department, Mr. Winston will work closely both with Richard Rhodebeck, President, and E. J. Moorhead, Executive Vice-President. between overnight and Subs.)—Earnings— Depreciation and amort. craft as will , permission commute Francisco San :: r and unconsol. income Total insurance Insurance able United States Life Insurance Co., r Cost of goods and serv¬ ices- sold ; council, company approved of company A. , -51,594,116 from mother .. of it options (Pa.), $145,000; Consumers Gas Co., Reading, Pa., $610,000; The Harrisburg Gas Co. (Pa.), $505,000—V. 170, p. 1539. 54,528,781 106,423,344 109,449,644 Royalties-and other.1 in1, '■ ^ ; come from licerisees-MS'? 59,800 -r. / :-67,533^-M 88,890 15, 1949; to mature Nov. 15, 1950-54 and 1964. Principal arid interest (May 15 and Nov. 15) payable in lawful mop°v Canada at holder's option at any branch in Canada of the com¬ pany's bankers (Yukon Territory excepted). Trustee, Montreal Trust of (United United Gas Improvement Co.—Loans to Subsidiaries— The in Aeronautics between ^ services Gundy & Cul, Ltd.—Bonds Offered—Wood, opinion the an advances Hawaii. currently '^C-6) products, 1948.—V." 170^*1)1-403.--"7 Dated Nov. the of standards - Period End. June 30-^*T~ "1946—3*MoS.—1948 Sales of funds company." is order of Aug.' 14, Y., or at the Security-First National Bank United Aircraft Corp. (& Co., Ltd.; Midland Securities Ltd.; Gairdner & Co. Ltd.; R. A. Daly & Co., Ltd.; Milner, Ross & Co., and Eastern Securities Co., Ltd., on Oct., 12 offered in the Canadian market at 100 and interest $2,000,000 first mortgage bonds, consisting of $500,000 Serial 4% bonds, Series A and $1,500,000 sinking fund 4% bonds, Series A. In that their exercise to be . for unlikely appears, we share June 15 and Sept. 15, this year, which, declaration; brings total payments in 1949 ta.$3-pat shafe,.jjpmpaTedvWith"$3,75 in Thomson for giving thereof. BT equivalent investment an tivity. 15, the-current N. has V. 170, p; 1641, share on cumulative preferred stock, both payable Dec. 15 to holders Dec. 1. -Distributions cf 50 cents each were, made on the common York, fares, effective Dec. 3, for air travelers who 1'~'~ ['•Thompson Products, Inc.—$1.50 Common Dividend— on New Angeles, Calif.—V. 170, reduce common "It holders our United Air Lines, Inc.—Fare Reduction Sought— Investment News The directors into that 3% debentures, due Jan. 1, 1967, at lOlVfe and interest. payment at the full redemption price will be made upon presentation and surrender of said debentures at the office of Dillon, General Corporation and the presen* any, made outstanding tax. Read. • equitable recapitaliza¬ if be . which lehem of what, should of these tures: all itself with . 1949, stated: warrant for action • 28, transforming it Immediate Vv in (United's) to as outstanding warrants entitling holders to purchase 3,732,059 share* stock at $27.50 per share. In an earlier opinion, the pliance production, Union recently added to its supply of high gravity crude oil by entering into a long-term contract with Nassau Associates, Inc., a subsidiary of Dillon, Read & Co., Inc., f^r the purchase of its production fro-* in the Coalinga Nose, Pleasant Valley and Guijarral Hills Fields which were recently sold by Mrs. Carrie xsstelle Uuiu.y io Inc. "7 *" '■ ' "" " J. ... ; tax. of process the warrants require Co. Calls 3% Debentures for Redemption— the questions, the Commission stated, "must be resolved definitely known whether and on what terms United can become an investment company. Their prompt resolution is also es¬ sential if we are to be in position to pass informed Judgment on sway real ; in be eliminated, we must determine what provision if any, to modiiy their terms by reason of the distribution and the other steps to be taken by made, before 1" , the proposed Each ;* 11-story office building in down¬ Angeles, numerous other properties, and substantial working capital. In and areas con¬ stock.") ,, and- Mid-Contir.ent modified or of Commission during September averaged 7;800 barrels of high gravity crude day.". ; /: '■ ,'' • • 1 has substantial untested acreage in California, the Rocky Los by United In its common while and improvements including an town be present taken they are, the question arises have, and what provision not .to are should be . may holders the proper¬ If . they United the excess . . must company point, the Commission stated that its prior decisions expressly indicate whether the option warrants would hat* eliminated value Canada. place in at acquisition and productive properties investment an 4» third not be tion the in principal Calif. Los Nietos Co. estimates " stockholders to its into the "did these notes Nose, Pleasant Valley, arid Guijarral Hills and in the Kottleman Hills Field in Fresno County Counties, Mountain 7%. dividend V .? , respect On Nietos estate " income been properties, hydrocarbons oil' per Uu-1.1 tax. Wisconsin Fresno West in duction :10-20 10-15 11-18 11- t50c t31'/4C 137Vic (quar.) tax t > . with version interest in production, after deducting ail interests of others, amounted to 2,300,000 barrels of crude oil in 1947, 2,536,000 ban els • in 4948, and 1.427,000 barrels in the first seven months of 1949. Net pro¬ 12- 1 '12- 1 ■- 12- 1 10-90 V 11- 1 £5c _ 15%; resident tax in the Engineers' and *Transfer books not closecf for this dividend. tPay«Die in 0. 8. Funds, less 15% Canadian non-residents' tax. !Pa>aoie in Canadian funds, tax deductible at the i^urce.f* Non- ;, in King ties ?o? - 12-20 12-15 12-15 ji- 1 10-31 $1.25 Youngstown Sheet & Tube Co. (quar.)--— Yuba Consolidated Gold Fields v——— - has Co. Coalinga 10-1° li-10 J?"™ (s-a )_ Ltd., .> (1741) 1 , Worthington Pump & Machinery Corp., com. 25c 4V2% prior preferred (qilar.)—t——• $1.12 \'i 4%% qonv. prior preferred (quar.)—.—$1.12^2 Wrigley (William, Jr.) Comp-ny -imormly)^. • 1 "Yellow Cab Ctr., 6% conv. pfd. (quar.) 1 37V2C York County" Gas - Co —————— 75c Zeller's, Nietos Fields ... - ; oil and 11-1 12-. 1 .> company is redeeming out of part of the proceeds of debentures due Jan. 1, 1967. located 1-16- ■*» , acquisition development of & Co., Ltd.— Woolworth (P.-'W.) 6% l«-ia *$1-75 50c (accum.j-—-— W.) Co. (quar.)— IP 11- 3 . 7%-pnnerred CHRONICLE $14,600,000 3% Los lit 1 ' its ' 12-1 10-31 1-31-50 12-1 Common lyear-end). -v— 42 ,2C 6% preferred <quar.)..%—T--—_: $1-50 •" 6% pieferred (quar.);——----—• $1.50 } '3.60% preferred » 90c Wisconsin Public Service, 5%/pid. (quar.) __ d$l.z5 . Ltd.— • 10-24 .,%.*■ . ' ;this The 11- 1 Bankshares Coi p. Wood, Alexander & James, 12- 1 1-3-50 •' - *25c tquar.)__-—' J5c (&-<t.)_-—25c Wisconsin Electric Power Co.— ' • ( Wilsil Wisconsin FINANCIAL and 600,000 shares of Union Oil Co., common, stock, Reese H. Taylor, President, announced cn Oct. 26. i >• «. >» «. fDihion, Read & Co. Inc. acted for Union Oil. Co. }n connection with ' WhenHoldett . Share •' Name of Company COMMERCIAL & into an investment ■ company, decisions had left for future question of what action by or ' $29,361 $111,583 loss "Invading charges not apu it&ble to this period.—V. 170. ' 1' ' ' • ' , °. •' ( t' '/ ' , '• ' '' ■ ' ' p. • 1088. ■ ■ •»' Virginia Electric &• Power Co.—Proposed Acquisition "An agreement which provides that tYs company will take over tho properties rnd business of the Fast Co^st ElectJic Co. and assume itw i'abikties in exchange for Power Co. common stock was approved by the directors of both companies on Oct. 25. •;In *a letter-to the stockholders of the East Coast Electric(Co., O.-O* Martino, Chairman of the Board, and Francis K. Godwin, President, 11 :50 (1742) jitate that ceive the if share one .share .of East transaction of Virginia Coast is consummated Electric the shareholders will Power common, stock for and re¬ Waitt & Bond, ^Nefc In order proved . that by The this ' per share. may the East Coast Electric Co, supples agreement 8Q',i> Coast it " be must "No in counties 14 COMPARATIVE ..Operating Oper. taxes.. provision pper. 39,956,905 $928,811 (net loss) -L. .1 1 * 1 , stock.—V. 166, 1194. p. Net -20,368 income Per $8,002,242 share $7,933,737 2,359,792 2,021 1949—3 Mos.—1948 taxes after stock 68,505 $483,302 $10,359,909 of "Int. and Net amortization. income Preferred ■, $271,069 $668,254 ........ dividend 212.233 249,561 3,060,788 $7,299,121 1949—9 Mos.—1943 j $2,703,215 $2,403,719 1,447,355 The Sept. 1, above $2.80 ,$1.27 of earnings forma pro for —-V. 170, stock-.: common $5,851,766 share ■ net: income Sept. $4,126,590 - $1.67 1440. p. 30, tions $1.40 the of and 1949 prior to for the nine months company spectively.—V. 1948, giving effect to before Sept. 1, 1949, 170, p. 46.41. at At periods ended on <•-. September— Gross from railway.... t. 'Net from Net ry. $8,315,716 railway.. Period End. SepW30— 1947 $9,095,886 1946 $6,615,138 1,020,832 $7,713,769 Operating United the States receiver to support the 2,680,985 1,726,048 744,124 1,244,930 611,694 ,-Net from from 79,025,732 68,890,475 58,432,729 13,235,059 •Net ry. 21,671,843 17,756.804 10,009,482 4,628,310 —V. railway income... oper. 9,445,979 7,160,485 same of the with en March 31, capital stock value asset Sept. on 1949 30, $15.27 of 170, p. 660,000 4,452,000 revenues—■ S351;106 $700:964 $4,588,586 Equipment rents (Cr)~ Jt. facil. rents (net) (Dr) that as of disbursed Sept. on for 19, first the W. 1949, This directors. year-end dividend $10) of record of the four 82,995 189,197 .15,118 ,13,166 1539. Net ry* qper., inqome— , V: ' $418,983 ,Other income Period End. Aug, 31— .Operating Oper. 1949—Month—1948 revenues.... and exps. $1,464,507 taxes.. Gross Fixed 1949—12 Mos.—1948 , $1,369,260 $17,696,966 $16,606,633 1,007,824 .,44,309,194 12,632,219 1,243,582 $876,995 > 13,328 operating income revenue $220,925 $361,436 $3i387,772 335 343 29,742 (net) .. fills two quarters Stillman Paul the .vacancy > income Interest and ductions $221,260 other 1,260,395 . 121,943 (net) $361,779. $3,417,514 $5,344,142 a y—V. .170, 170, 76,856 80,018 963,672 p., $2,453,842 Attorney 933,227 > $281,761 $3,104,271 210,000 to pfd. stock for the period . . .210,000 . 164,599 three of of quarters 27'/2 this quarterly dividends of 25 Operating revenues 178,051 $5,508,741 In year. cents each.—V. in each company the 170, 10 made were 1948, $tpck holders common 1949 !, . paid 1441. p. > Co.—Earnings— _ _ _ and expenses 1948 1949 $1,022,575 5879,501 846,079 774,675 iH $176,496 $104,825 , _ taxes-: $6,869,707 243,278 2,125,149 $648,818 242,885 ; $3,383)592 f Gross • — other and deductions * 48,994 51,193 $127,503 $53,632 ">;'■» $0.96 $040 income Net 2,094,174 income Earnings per common $189,426 share shares) (132,800 — $4,775,533 1441. Pacific rRR. General proceeding Corp.-^Preferred in A.lbert W. Chancery the James at Coqrt < \ '' for Holders Seek \ action an,, taken.in was application the to interest Net Wilmington, Del., has filed the liquidation. ,of : the cor¬ ^ ' of profit sion, for Com. (Including Domestic Subsidiaries) » * ;■■■ ;>C ■ 1947 1946 provi¬ taxes §$3,997,399 share— com. 1948 1949 outstanding... per After after Federal shs. preferred stockholders and the Attorney General by holders of sub¬ stantial amounts of the preferred stock. Vice Chancellor Collins Seitz Jhas appointed Alexis I. DuPont Bayard 1441. • 9Mos. End. Sept. 30— ' Earns, The $2,243,842 -'$2,894,271 — «. r poration. followed p. Distributions 3. on Dec. cents each Dividend— the share on per $6,691,656 15,101 Liquidation—Receiver Appointed— a Balance year. elected to death director of the by Worthington Pump & Machinery Corp.—Earnings— $4,037,498 $144,404 • Net income ■■ cents Eight Months Ended Aug. 31—>■ 113.507 , 63,084 de¬ 'Dividends applicable 42'/2 Wisconsin Hydro Electric $5,544,768 877,499 1 $892,096 $432,311 income Western Gross $15.88. of*4943 the of was left Oct...20, payable 4,768,000 $3,974,414 * u income charges Net —V. Net Other Nov. first Interest Washington Water Power Co.—Earnings— - of was .declared Operating ■>. •' was end the at 1947, the date of the initial public * quartet1 the board of directors declared the quarterly-cash dividend which amounted to 15 cents meeting a .(par 4,621,399 • r-fr A 1949—0 MOS.—1948 354,000 Net oper. railway 1949 and .I,- during the quarter of Arthur F. White, who was the Corporation since its formation.—V, 170, p. 1340. $3,934,735 $31,031,307 ;$33,316,811 .2,573,771 21,990,721 23,004,043 2,095,395 Taxes From January 1— Gross ' . Courts of > 506,743 68,623,336 expenses $2,800,501 being the position of Portfolio Sept. 30, — is 1842. 168, p. Inc. to , appeal An '» l949^-Mc*ith-4948 • revenues Operating 1,984,376 income oper. 1948 1949 rer third the board the Western Maryland *Ry.—-September .Earnings— . the ruled against the holding Wisconsin Electric Power Co.—Year-End Wabash JRR.-^JE^rnipgs , ,, $17,500,000 of possession Francisco. San decision of purpose Fund, consecutive is-the and.., $3,374,829,' re¬ ' the share, payable Oct. 20 to holders of record Sept. 23. This payment per changed condi¬ these $3,078,291 were in now ' Goodman's value asset compares 10th changed conditions. The Balance Judge Data— -'•♦-During these to approximating reserves and offering. In addition to the increase in asset value, special distributions of 13 dents, a share have, been paid from security profits. >>;'■ ■:>> $3.15 effect gives period company. corporation.—V. and $15.00 1949, statement Tho This capital $0.81 tax recover opinion filed an Whitehall Earnings— - Earnings per common from the holding this company, by way of capital distribution, dis¬ posed of certain of its properties known as the Sturgis Division. On Nov. 1, 1949 it will cease to be a subsidiary of The-North American Co. and will a* a result be subject to increased Federal ^income taxesOn . $5,573,945 1,447,355 requirements $1,092,599 $696,611 in Appeals. 'It is the 857,264 on capital shares $917,815 taken T. . war operating '>• Last Sept. 6, U. S. District Judge Goodman Other '■ Balance II to the in .corporation because of 1948 loss quarter, and $89,280 in requirements on the • , seeks suit organized taxes Federal income for Period Ended Sept. 30- ! $485,323 $10,380,277 »-* © ID xd made Th'is created 59,520 373,560 Nil 'Nil Nil - West Kentucky Coal Co.—Pro Forma $47,959,147 3,577,562 'I" Net Other,income 1949—12 Mos.—1948 ; 44,419,462 3,727,006 revenues.. exps. com. " ACCOUNT $4,062,885 $54,799,739 $4,655,817 revenues and INCOME .1949—Month—1948 : share $0.06 per preferred 84,005 59,520 378,560 59,520 378,560 ownership $2,987,198 342,583 $2,854,399 73,881 ■ 59;520 378,560 carry forward. tAfter, providing $29,760 in each both nine months' periods for unpaid dividend in , Period End. Aug. 31— 50.478 — outstand'g shares t Earns. ap? — outstanding shares Com. > stock. electricity ' Virginia.' ' effective become of least at East -eastern of $1.25 with authority to support the position of the holding three pending liquidations. One of these is the. suit in against the operating company,' which in 1944 was granted of the railroad property in Utah, California and Nevada. receiver, as California 1949—9 Mos.—1948 ♦ $996,991 $1,023,640 profits Pfd. , excess sales Net .Monday,t October 31, 1949 corporation in 1949—3 Mos.—1948 Period End. Sept. 30— 1 CHRONICLE FINANCIAL & Inc.—Earnings- each Electric plus a special dividend in cash equal to .the unrestricted earned surplus at the date of closing after providing .for expenses. The amount of the special dividend cannot be definitely ascertained at this time, said the letter, but it is estimated that it wWill be in COMMERCIAL THE provision t$3.881,418 5$4,742,426 924,000 924,002 $3.68 $2,289,616 308,080 $3.81 $13.84 ? 280,082 (■ ' ' $6:47 of $3,278,122 for Federal income taxes, tAfter provision of $2,596,652 for Federal income taxes. SAfter provision -of $2,450,018 for Federal income taxes.—rV. 170, p. 734. STATE AND CITY DEPARTMENT •y BOND PROPOSALS AND NEGOTIATIONS ALABAMA -y. ■ thereafter; at 101 Jasper, Ala. » Bond Offering—Lawrence Davis, Chairman of the Board of Direc¬ tors of {will 10 the Water Works Board, receive > sealed bids until ,(CST) on Nov. 1 for the a.m. purchase of $610,000 natural bonds. ■revenue the rate of Bidders to gas name interest, expressed in multiple of J4 of 1%. The ap¬ proving opinion .of Lawrence Dumas, Jr., of Birmingham, and Chapman & Cutler, * of Chicago, a ever, such and on.any ceed thereafter; on Aug. 1, 1969, interest payment date and at par without premium on Aug. 1, 1974, and any interest payment date thereafter. Principal and interest (F-A) pay¬ , able at the Chase National Bank, New York City, or at the option of the holder at the Valley Na¬ Bank, of Phoenix. Bidders tional* to the rate name pressed 1%. in The a of interest, multiple of ex¬ i/4 of approving opinion of Cutler, of Chicago, Chapman & will be furnished to the purchaser. A certified check for $12,200, pay¬ will of the able for Water Works Board, is required. ■ of furnished Board. at-the A expense certified 1949. Arizona , State College (P. O. Tempe), Ariz. ; i Bond Offering—Lynn M. Laney, Secretary of the Board of Re¬ gents, until for to will 11 (CST) a.m. the .purchase exceed 4% of sealed on bids Nov. $500,000 12 not interest dormitory 1949, coupon "bonds. Dated Aug. 1, 1949. Due Aug. 1, as follows: $10,000 in 1952 ■<and 1953, $11,000 in 1954 and 1955, $12,000 in 1956 and 1957, ■$13,000 in 1958 and 1959, $14,000 Series revenue, • receive ' in 1960 and 1961, $15,000 and 1963, $16,000 in 1964, in 1965.and 1966,:$18,000. ■,$19,000 in 1968 and 1969, in $17,000 in 1967, $20,000 in 1970,- $22,000 in 1971 to $24,000 in 1974, $25.0G0 in $26,000.in 1976 and 1977, < • 000 in 1978, and $29,000 in 5The bonds inverse bonds are a interest, and and on at any 1975, $28,1979. order of the said price of par, accrued the • miums: 1973, redeemable in numerical at 1962 104 on following Aug. pre- 1, 1954, interest payment date thereafter: at 103 bids Nov. on until 22 for $750,000 not to terest Series 10 the City Treasurer's office, at the Val¬ ley National Bank of Phoenix, or at the Chase National York (CST) purchase 4*4% of in¬ municipal airport revenue, of 1949 coupon bonds! Dated July 1, 1949. Due on July ! from 1951 to 1975 inclusive with the amount maturing in each of such years to be specified bidder, provided amount of payable in that by the the total principal and interest each substantially the ferentials of not shall year same, be with dif¬ than $2,000 between the maximum and mini¬ annual mum more payments. Bonds maturing July 1, 1955 and subse¬ quently shall be subject to call for redemption as a whole or in part at the option of the City, in inverse numerical order interest payment date Jan. 1, amount 1955, thereof at on the and on or any after principal accrued ^in¬ terest thereon to date of redemp¬ tion, plus a premium of Vi of 1% of the principal amount/for each on Aug. 1, 1959, year or fraction thereof unex¬ interest payment date pired from the date of call for thereafter; at 102 on Aug. 1, 1964, redemption to the fixed maturity arid on any interest payment date date of said bonds so called; how¬ and on any City, at Bank, Neyf the, option of the bonds. Dated Nov. Denomination $1,000. Nov. i 1> Due follows:. $100,000 in 1956; $110,000 from 1957 to 1959 inclusive, $115,000 in 1960 aqd 1961, and $120,000 from 1962 to on 1, as holder. The approving opinion , of 1568 inclusive. Wood, approving opinion of Rose, Dobyns, Meek & House, of Little Rock, will be furnished to the purchaser without cost. A certi¬ fied check for $30,000, payable to the District, is required. King & Dawson, of New York City, will1 be furnished to the purchaser by the City. A cer¬ tified check for 5% of the bid, payable to the City Treasurer, is required. Interest M-N. The until 10 a.m. (PST) on Nov. 7 purchase of $100,000 not for the to exceed bonds. 5% Dated . interest Dec. 1, school 1949.. De¬ nomination $1,000. Due $10,000 on Dec. 1 from 1950 to 1959 inclu¬ sive. Principal and interest (J^D) payable at the County Treasurer's office. A certified check for 5%, payable to the Chairman of rthe Board of Monte Supervisors, is required. Vista Fire Protection Dist., San Bernardino County (P. O. 'San Bernardino), Calif. : • Bond Offering—Harry L. Alli¬ Clerk of the Board of Super¬ visors, will receive sealed bids 4 Morrilton, ARKANSAS Hot Springe Sch., Diet., Ark. Bond a.m. exceed interest (J-J), payable at the to exceed 3% interest construction check Offering-—Ruth Johnson, City Clerk, will receive Deputy sealed purchase of $1,500,000 not coupon Phoenix, Ariz. ;JBond for the and ' ARIZONA ex¬ of the principal amount of such bonds so called. Principal $25,000, payable to the Board Regents, is required. the to be premium shall not 5% Offering District sealed Secretary, bids Nov. on until for 17 $1,250,000 ' Helen Blagg, — will 11 the receive a.m. (CST) purchase of 3% building;,-and im¬ provement bonds. Dated April 1, 1949. Due Dec. 1, as follows: $16,000 in 1950 and 1951, $18,000 in 1952 $75,000 $80,000 $86,000 to in in in $91,000 in $97,000 in $103,000 in 1969. The 1956, $48,000 in 1957, 1958, < $77,000 in 1959, I960,, $82,000 in 1961* 1962,v $89,000 in 1963. 1964, $94,000 in 1965, 1966, $100,000 in 1967, 1968, and $106,000 in bonds will be callable for payment prior to maturity in inverse numerical order, at par and accrued interest as follows: from surplus in the building fund on any interest paying date, from funds from any source, on any in¬ terest paying date.-on and after Dec. ion 1, 1955. The approving opin¬ of Townsend & Townsend, d)f Little Rock, will be furnished to purchaser ..without cost. A the certified check able to the for $25 000, pay¬ Ark. son, JBond Sale—The $290,000 sewer awarded were Securities J. and offered bonds revenue Corp., C. the to Oct. 17 Southern Little Rock, Co., of of Bradford *& Nashville, jointly, at a price of 100.01, a basis of about 3.15%. , Union , High Sch. Offering—Carl L. Dist., (PST) on of bonds s were Chris- authorized at the election held.on May 20.. Public Crest Utility Bond Dist., San were ings Association, of San Francisco, as 4*4s, at a price of 100.39,. a basis of about 4.21%. High Dist., Riverside of County (P. O. Riverside), Calif. Bond Offering — G. A. Peque- Directors, will receive sealed bids until 8 p.m. (CST) on Nov. 23 gnat, Clerk of the Board of Su¬ pervisors, win receive sealed bids (Bond Offering Secretary — of Graham the Board R. to name the of; in¬ rate a tified check for 3% of multiple of 1/4 of 1%. The approving opin¬ ion of O'Melveny & Myers, of Los Angeles, will be furnished to the purchaser by the District. A cer¬ payable the to Orinda Union Bond 11)0 bonds, District, Sch. is Dist., Offering—W. of Clerk until the will visors, 11 the to exceed re¬ Contra1 5% Paasch, Super¬ of sealed (PST) purchase Dated T. Board receive a.m. for bonds. Sch. 1954 inclusive, and $3,600 (M-M) payable County Treasurer's office. the at water awarded to the Bank Union 1, 1949. Due follows: $2,000 from as County (P. O. Martinez), Calif. of America National Trust & Sav¬ Elsinore Hall, 1951 to 1, Costa transmission system bonds offered Oct. 19 31 Dated Nov. Nov. on Diego County (P. O. Suncrest), Calif. Sale—The $55,000 Oct. on quired. District, is required. Little Rock Sch. Dist., Ark. bonds. Bidders Nov. 14 for the pur¬ $450,000 school bonds. chase (PST) terest, expressed in tensen, Jr., County Attorney, will receive sealed bids until 2 p.m. These a.m. cipal and interest j Humboldt County (P. O. i" y Eureka), Calif. >Bond 10 from 1955 to 1968 inclusive. Prin¬ CALIFORNIA Areata until for the purchase of $50,000 not to exceed 5% interest fire protection bids Nov. on 14 of $92,000 not interest school Jan. 1, 1950. De¬ nomination as $1,000. Due on Jan. 1, follows: $4,000 from 1951 to 1968 inclusive, and $10,000 in 1969 Principal and interest (J-J) payable at the County and 1970. . Treasurer's office. The approving * Volume 170 " Number;;4851 THESC^MERCIAL' & 'FINANCIAL1 CHRONICLE (1743) " 51 fl1 .»*' 'r Opinion " of Orrick,r Dahlquist, //Neff & Herrington, of San Fran- for 4 the purchase of - $300,000 anticipation 8, 1949. . Due May 8, 1950.,. Payable, at the first V district tax notes.* * ILLINOIS Dated Nov; Cisco, will be furnished , to: the -purchaser without cost. A certi- on fi'ed check for 5% of the bonds, Brooks i Bank & Trust -Co., Tor; payable to the County Treasurer, rington. • . L /' J : is'required. .■ ■< ///:;. >'; /'J;/..:/j.;• , West Hartford, Conn. Oxnard, Calif. : Bond Offering—James P. Eng**<Bond Sale—The $1,075,000 1949 lish, Chairman of- the Board of 4 bonds offered Oct.* 20—v. 170, p. Finance, will receive sealed. bids 1949.! Due *'*1540 awarded to a the of composed Francisco, Harris Trust & Savings ; ' ;B£nk, Chicago, Heller, Bruce & <Co, Kaiser & Co., Lawson, Levy / &uWilliams, all of San Francisco, John Nuveen & Co., of Chicago, Schwabacher & Co., of San Franciscor, Stern; Frank & Meyer, of Bos Angeles, Stone & Youngberg, of' San Francisco, B. J. Van In- ' ' " ' * * r; gen & Co.y of New York, Weeden % & Deari "Witter & jGlo^ both of Sah Frahcisco, at a price "of-100.19 a basis of abOut 2.07;% * y and Co., , bidder Was " Mercantile-Commerce 1.64%. for dated are ■/,./;//"/ ;/; $600,000 sewer bonds;*$485,000 as 2 y2s, due on Nov. 1 from 1950 " V to 1964 inclusive, and $115,t 3 000 as Is, due on Nov. 1 from - . ( 1965 to 1969 inclusive. ; i 300,000 water works bonds, as t;4 2^s.(.vDue on Nov.: 1 from - : 1950 to 1964 inclusive. / v . : - y i 100,000 park- bonds: . 2Vzs, due • - . ; as : All bonds . after Nov; ?" 1, -1959, shall be subject to call and £ i redemption prior to maturity in /'/ whole or in part and, if in' part, > only in inverse numerical- order, *oil Nov. 1, 1959, or on any prinv cipal payment date, thereafter at par and accrued interest. Dated ♦vNov. 1, 1949. The second highest bidder was Blyth & Co., and Asso¬ ciates, on a bid reflecting a net a, Sale Bond 000 - Details—The $319,- by the bonds purchased city California Bank, of Los Angeles, V as previously noted in v. 170, p | i , V > 930—were sold at a price of 100.02, a basis of about 2.20%, as follows: $79,000 as 2s. from 1950 240 000 * • \; as 1957 on ' -Chicago Park 1956-inclusive; District, Ul. - . and on —. . Cook County Sch. Dist. No. 37 v.," f -I ■ • • . Q Collier - • •:\ ..... ■, Spec^ -Tax / County School District No. ; . I'(P. O. Everglades); Fla. f. 1 Bond Offering—Ernest W." Hall^ Secretary of the Board of Public Instruction, will receiver sealed bids until 2 p.m. (EST) on Dec. 1 .the ? purchase i.of a" $300,000 in July on 1960 -Bonds 1969- contain to provisions from-1960->to maturing 1 inclusive. 1969 right the whereby certain is reserved to call and reedem them at plus par July 1, accrued - interest or on any interest ^Principal and in¬ 1959,vor date thereafter. terest Sale—1The .-.to-Bond ... y* terminal and public garage bonds offered Oct. 26—v. 170, p. 1642 Chase Na¬ tional Bank, and C. J. Devine & :V COi, both of New York, jointly, as t 1V4S, at a price of 100.39, a basis ,v of about 1.19%. -Dated Nov. 1, .(1949. Due on Nov. 1 from 1951 j to :•* 1962 inclusive. The second highest bidder was Halsey, Stuart & Co., Estabrook & Co., Blair & \ Co., Inc.. and Barr Brothers' & "Co., jointly, for iy4s, at a price of ,>• were awarded to the , . /-The is •;t!BQnd;;-Sale Details—-The $250,building bonds purchased by. John Nuveen & Co., of Chicago, at a price -of 100.38, a basis of about 2.06%, as previously noted in v. 170, p. 1540 — were sold as 2.10s. - as j 1952 60;000" Series B, 1949 bonds, as 2% s. Due on July 1, as follows: $5,000 from -1952 to ^*1955 -inclusive, and $10,000 1956 to-1959 from H&00.16. . 60,000 Series B, of 1949 bonds, ^••as 3V4S.1 Due on July 1.'as follows: ; V ;000 Offering—James Z: Bond No. bonds purchased Pierce Corp.,: of Associates, 2.84%, p. at 1, to 000 County, County Sch. Dist. Bond Offering — J. H. p.m. school, abends. B. Hall, $116,000 2V2% (EST) inclusive, - and $5,000 from M957 to 1969 inclusive. Bidders to name the rate of interest, ex- pressed in a multiple of 1/20 of //. 1%. The approving opinion? of * „ Berry & Howard, of Hart*; ford, will be furnished. A cer./tiffed check for $2,000, payable to ': .Day, * 1 is required. T.Torrington, Conn. - Note Offertng-r-Edwin J. Dowd, - - Jan. from /1964 ? v and 1965 to 1970 building 3V4% chased on bonds pur¬ by the/Illinois National Bank & Trust Co., and the Third National Bank, both of Rockford, a cost bid reflecting of about a 2.78%, net as previously noted in v. 170, p. 1643, were sold at a price of 104.76. 1949. Denomina¬ tion $1,000. ' Principal and in¬ terest (J-J) payable at the Farm¬ ers Bank, Forsyth, or at some other banks which may be mu¬ tually agreed upon between the purchaser and the Board. The ap¬ proving opinion of (Spalding, Sibley, Troutman & Kelley, of At¬ lanta, will be furnished to the purchaser without cost. A certi¬ fied check for $4,500, County Board 154,000 Sale Details—The $15,000 improvement bonds purchased as a price of 100.16, a basis of about 1.96%, as previously noted in v. 170, p. 1643, were sold to Frank E. Hailstone & Co., of Cin¬ cinnati. payable to of Education, 2s. on Due Oct. on : •Dated office the of Legality Kansas the pay¬ State approved by ( • * ! by Cresco bonds pur¬ State Bank, as 10 ' •»• City, as iy2s, at a price of 101.48, as previously noted in v. 170, p. 1643, are dated Oct. 1, 1949, in the denomination of $1,000, except one for $666, 1951 as follows: $4,000 from Principal (A-O) payable at the Treasurer's office. * ' 1, and inclusive. 1959 to and interest State Oct. on 1950, improvement bonds J The $35,000 3y4% ' ■ • IS Parish Sch. Dist. <No. (P. O. Cameron), La. Bond Sale Details—The $115^000 . and equipment < bonds purchased by Weil & Arnold, of New Orleans, for $22,000 as. 4s; building $15,000 as 2y2s;/$44,000 as 23/4s, $34,000 as 3s, on a bid reflect¬ ing a net interest cost of about 2.89%, as previously noted in v. 170, p. 443—were sold at a price and Grant Parish Sch. Dists. (P.- O. Montgomery), La. has " been sold to Eisen & Waeckerle, of Kansas City, l%s, at a price of 100.10. as Lucas, Oakley, Kan. Bond Sale—The $65,000 municL pal building bonds offered Oct. 20 were awarded to the Lathrop- Bond Sale Details—The $102,000 bonds purchased by White, Hattier & Sanford, of New Orleans; as previously noted in v. 170, p. 1644, were purchased in account with Barrow, Leary & Co., of Shreveport, as follows: , Hawk-Herrickk as 2s, at Co., Wichita, 100.25, and as follows: of price of Sept. 1, 1952 to 1959 inclusive. clusive. These bonds mature ized a Montgomery School Disbonds, at a price of 100:004, a basis of about 3.12%, as follows: $30,000 as 23As, due on Oct. 15 from 1951 to 1957 inclusive, and $38,000 >as 3y4s, due on Oct. 15 from $68;000 trist No. 21 on were election the at , author¬ held on •1958 to 1964 inclusive. -r April 15. department bonds purchased by Quail & Co., of Davenport, as previously noted in v. 170, p. 1643, were sold as 1 %s, and mature Dec. 1, as follows: $5,000 in 1950; $7,000 from 1951 to 1958 inclusive, and $14,000 in 1959. T-X:' Cameron $7,000 from 1950 to 1954 inclusive, and $6,000 from 1955 to 1959 in¬ fire — of par. Minneapolis, Kan. 2V2S, at a price of par, as previ¬ ously noted in v. 170, p. 1540, will mature Nov. 1, as follows: $1,000 in 1950 and 1951, and $2,000 from Davenport, Iowa Bond Sale Details—The $75,000 Sale LOUISIANA Bonds Sold—An issue of $57,000 street Bond > . (P-. Oi Elkton), Ky. funding 1949 bonds offered Oct. 25 —v. 170, p. 1541—were awarded to the? Bankers Bond Co., of Louis¬ ville. Dated Nov. 1, 1949. Due on Trust Co. of Kansas in Aug. 1, 1949. The second Todd County Details—The $39,666 (not $39,000) general improvement bonds purchased by Commerce mature 1966 inclusive. to Ma?*r*ffdm 1951 to 1961 inclusive. years. Bond Sale > improvement price of 101.47. Due in a to 1961 . City, Kan. $54,995 improvement bonds was sold to the City National Bank & Trust Co., of Kansas City, as 1 Aug. 1 inclusive. on highest bidder was Bankers Bond Co., Louisville, J. J. B. Hilliard & Son, Almstedt Bros., and Associ¬ ates, for 2y>s, 2%s, and 3s, at a price of 101.28, a basis of about 2.66%./ /. ' ■ v/L. /. - Bonds Sold—An issue of from 1960 1967 to 1969 inclusive. 15 Dean, of Topeka. . Due to 364,000 as 3s. Due on Aug. 1 from 15, 1949. Denomina¬ Principal and interest (A-O) at 1952 from Oct. 15 to 1959 inclusive. 1953 LIOWA Cresco, Iowa V Bond Sale Details—The $18,000 street iy2s. Due as tion $1,000, except one for $880.89. •* : /from 645,000 aS422%s. .*Due on Aug. 1 as from $3,666 ..Bond $791,000 as 2y2s. from 1950 to 1952 inclusive. and /INDIANA Spencer Twp. Sch. Twp. (P. O. Hayden), Ind. chased Dated Nov. 1, is required. 1960 inclu¬ inclusive. ; bids until 11 on Nov. to inclusive, $11,000 from 1971 to 1975 from the (EST) school bonds. Due follows: $8,000,- as 1951 $65,880.89 . follows: follows: as iy2s, at $105,- inclusive. City Treasurer, will receive sealed a.m. 1, 109,000 2%% school bonds..- Due on Jan. I as follows: /$9.000 1949 coupon Sept. 1, 1949. 1, as follows: $6,000 from 1950 to the Town, as sive, and $9,000 from 1961 to on ; 1956 * on 000 '! Denomination $1,000. Due on Sept. . Details—The 2s, at issue of Dated divided follows: Nov. 2 for the purchase of $107,000 bonds, O. Rockford), III. Clarke, tion, will receive sealed bids un¬ til 10 a.m. (EST) on Nov. 1 for the purchase of $225,000 coupon registered $219,improvement George K. Baum & Co., of Kansas City, of Wichita, jointly, at a price of par, internal general Sale Secretary of the Board of Educa¬ KANSAS bonds has been sold to been White-Phillips Co., of No. 64 (P. Bond jointly, GEORGIA (P. O. Forsyth), Ga. : has *of. Des price of Bonds Sold—An issue of 880.89 $35,- Winnebago County Sch. Dist. interest Monroe bonds of Davenport. 1969 inclusive. / well water issue Co., at/a Augusta, Kan. Treasurer. III. Morrison, 000 iy2s, as ^ able Sold—An $1,800,000 York, PohK & Co., Fqx, & / .Co.,* ^Seasqngood • & Mayer/ all :of ^Cincinnati,* Allen & Co./; of New Yorky Robert Haw¬ kins &Ccx. of Boston, Paul ?Fredericks & Co., of'New York/Westheimer & Co., Weil, Roth & Irving Co., Assel, Kreimer, & Co.; Breed & Harrison, Bohmer-Reinhart. & Co.,«and Doll. & < Isphording; Inc., all of Cincinnati, at a price of 101.25, a basis of about 2.66%, as 100.95. Dated Oct. sold to the previously noted in v. 170, 1540, were awarded to 2.85s, a price of 100 01. Dated July 1949. Due on July 1 from 1950 Carle ton ID/" Beh. and July 1, 1949. Legality ap¬ proved by Charles & Trauernicht, by Clyde as Howard, 750 Main Street, until 2 1954 ei^The 1 a Reusch ^ $50,000 paving bonds has been sold to the .1955. Jacksonville, bid reflecting on a net interest cost of about will receive sealed bids at the office of Day, -Hartford, v in Dated Bonds New Bonds SOld^An.issue Of Dean & (P. O. Bronson), Fla. 1 school Treasurer, .*.* Berry & 1 of St. Louis. Bond Sale Details—The $600,000 • ... July on d" S n - inclusive. inclusive, and $15,000 in 1963 and 1964. Callable $30,- 4 " V Town $10,000 from I960 to o Co., of Cedar Rapids, ras •21/2s, school .building revenue,.bonds, of¬ a price s of -100.40, a* basis of fered Oct. 26—v. 170, j P* *1541— about 2.42%. Dated Sept. 1,1949. were awarded, to a syndicate: com¬ Due on Sept. 1 from 1950 to 1959 posed of- W. E. -Huttori & Co., of 1962 Levy County Special Tax Sch. Dist. or Hartland, Conn. /" inclusive. / B & of ' *' i at inclusive, 1957 to County ("P. O. Louisville); Ky. ^ 931—were awarded ta Ravenscroft Moines, $30,0000 Series A, of 1949 bonds, as 23/4s.. Due on July 1 from w - , bonds has been sold follows: • : Jefferson Wav'erly, Iowa ^-Bonds'Sold—An issue of $150,000 electric light plant and sys¬ tem revenue j $10,006 school bonds offered Sept. 7—-v. 170, p. III. \.\Geneseo, of about 1,88%. Viola Con. Sch. Dist.j Iowa Bond -Sale-AThe i 000 of- required. '"i 'J'y'iy(P. Oi Wilmette), III. approving Caldwell,. Marshall, Trimble & Mitchell, of New York City, will be furnished to the purchaser without cost. A certi¬ fied check for $6,000, payable to the Board of Public Instruction, a $1,500,000 bus multiple of 1/100 expressed in a or V4 of 1%. and .<Bridgeport, Conn. at > the?-: National payable City Bank,- New York City. Biddeis to name the rate of interest, C. CONNECTICUT - & Bond Offering—Orart Wadsack, City' Auditor; will' receive sealed « FLORIDA June 15 from 1958 to 1974 inclusive. a Wichita; Kan. - inclusive. Due 2Vis. 15, June Due on to * , opinion Calif. >Turlock, * 2.21%. about of cost 1 14 ' interest Co., "St Louis, and Co., jointly, price'of .par. - $ 15;000 due iy8, at 1949. $7,000 Nov. 1, 1950; :$4,000 on May 1 and Nov. 1 from 1951 to • for -1964 inclusive. ; highest . school coupon bonds. Dated July 1, 175,000 fire station bonds, as '"Due -Oh Nov. 1 from, 1950 .tb 1949. /Denomination' $1,000. < Due : ; $75,000 on 1965 to 1969 inclusive. * * - Nov. I from 1950 /Ho 1964 inclusive, and $25,000 ? as 1M>$, due on Nov. 1 from i : i ■' 1; Due Cutler, of Chicago. ' follows: as Nov. 1 Prodtoi- ;'M/VMasters! : Bonds < . and <$3,000 in 1974. Leapproved by - Chapman & sive., second Bank & Trust . June 1, as follows: 1953 to 1973 inclu- "The $5,000 on May i bids uritil Nov/ "22: for the pur$4,000 on Nov, 1,1957; $4,000 chase ot! $1,500)000 bonds; Dated May 1 and- $5,000 on Hoy. lj; V Bonds' ?»ale ,1 The; $15,000,000 Nov. 1,1949. v ... bonds offered. Oct. 25—v. 170, pr 1958; $5,000 on May 1 and $4,000 ; 1546—were awarded to a syndi¬ on Nov. 1, 1959; $4,000 on May 1 Wyandotte County '(P.: O. Kansas City), >Kan. cate composed of the Harris Trust and $5,000 Nov. 1, I960; $5,000 on * school coupon bonds.!' Dated Nov. & Savings Bank, Northern. Trust May 1; and Nov. 1 from 1961. to ■'* Bond^Sale-^-The; $151,007 road 15,* 1949. Denomination $1,000/ & Savings Bank, Continental Ill¬ 1967-inclusive; $5,000 on May 1 improvement vbonds offered Oct. Due on Nov. 15, as follows: $79;inois National Bank &" Trust Co., and $6,000 on; Nov. i, 1968, an4 13 were/awarded to the" City Na¬ 000 in 1950, and $45,000 from 195:1 First National Bank, City Na¬ $5,000 on,May 1 and Nov.. 1,:1969. tional Bank & Trust Co., of Kan¬ to 1969 inclusive.'Principal and tionals Bank, and the American These bonds were authorized at sas City, as ;l%s, at a- pricevof interest (M-M) payable at the National Bank, all of Chicago, as the election held on1 March 14, 100:05. Hartford Connecticut Trust Cci., 2V4at/a price of! 100:43, a basis 1949. Legality- approved ^by Chap¬ Hartford. > Bidders to name the of about 2.22%t, to maturity,- as man & Cutler^ of Chicago. 'KENTUCKY rate of interest, expressed in a Tabor Con. Sch. Dist., Iowa ■ Fayettd County^ PI O. multiple of V4 or 1/10 of 1%. The $3,006,00«0.^park imp ro vem e nit Bond Offering — Dayre Wil¬ * Lexington)', Ky. approving opinion of ^Robinson? i4Dated Nov. 1, BcJ)insori &. Cole, of's Hartford, Bonds Sold—An issue, of $50,000 liams, Secretary of the Doard of on- ;Nov. 1,1968.! will be furnished to the purchaser Directors, > will receive sealed 2 xk % s.c h o o I building-revenue I2;^jM^6a/park improvemenl bids until 8 p.m. without cost. A certified -checik (CST) on .Oct". 1949 bonds has-been : soid.\ to. Rus¬ !/bpnds. Dated Nov. 1, 31 for the purchase of: for $18,680, payable to the Town; $30,000 sell, Long & \Burkholder,.of Lex¬ ": ,/MTl94^^tiue on Nov. 1, 1969. school building .bonds. is required. • \y ington, at a price, of.103.33, a basis syndi-r; at -thev office, of the HartfordBank of Connecticut; Trust Co., Hartford, V America National Trust & Sav- until 11 a.m; (EST) on Nov. 7 4>ings Association, J. Earth & Co., for the purchase of $934,000 1*Hannafdrd; & Talbot, all of San not to exceed* 2% interest were — 'cate offered Oct: 25. were vQuaii:& .Co^iof Dav-/ enport, and. Associates, as l%s, at a price of 101.002, a basis of about inclusive. awarded to/ on $2,000 from ■ Nov. 15,1949. Due on: Nov. 15:frorh 1950. to 1959 ing bonds Bonds Sold—An issue of $45,000 electric refunding revenue bonds has been sold as 4s. Dated June 1, . Dated about 1,09%. City Indep. Sch. Dist., Iowa ;>Bond (Sale^The!$182,000 .build-5 Allendale, III. * f Iowa Vv Bond Topeka, Kan. Sale The $405,889.28 I — alley paving bonds of¬ Oct. 26—v, 170, p. 1643— street and fered were awarded to Salomon Bros. Hutzler, of New York, as lYss, at a price of 100.15, a basis of & Consolidated School Dis11 bonds, at a price of 100.009, a basis of about ; 3.27%, as follows:< $8,000 as /-3y2s, due on Oct, 15 from 1951 to 1954 inclusive, and $26,000 34,000 • trict No. as 3y4s, due: on Oct. 15 1955 to 1964 inclusive. from 52 George Brees, JMayor, will receive seaied bids cintil 10 a.m. (CST) on Nov. 30 for tne purchase of $4,000,000 not to exceed 4% interest from #7u,0o0 #74,000 $64,000 $68,000 $72,000 $76,000 1953, 1955, 1957, 1959, in in in in 1954, 1956, 1958, 1960, bonas. Due 1 19*±9. Denomination $1,000. Due $6,000 Dec. 1 on Dated Dec. 1, 1949. Denomina¬ and $500. All of said maturing -Dec. 1, 1953 to i969,iare caUaoie terest the to demption plus lor each fixed date re¬ ixmd so on or on thereafter 1, on 1969, $10 for Sch. Parish (P. O. Natchitoches), La. #16,000 3% School District No. 10 bonds. Due Dec. 1, as fol¬ 1950 and 1951, and $6,000 in 1952. on lows: $5,000 in 18,000 2i/4% School District No. bonds. Due $6,000 on Dec. ffam 1 1953 to 21,000 >21/2% 10 I Due District $7,000 1956 to 22,000 2%% 10 1955 inclusive. School bohds. from bonds. Due No. District Dec. on $7,000 in No. 1, 1959 as and 1960, and $8,000 in 1961. 73,000 3% School District No. 10 Due on Dec. 1, as fol¬ lows: $8,000 in 1962 and 1963; $9,000 from 1964 to 1966 in¬ clusive, and $10,000 from to 1969 7,500 8% 1; inclusive. 1967 ; School District No. bonds. from Due 1950 $2,500 to 1952 on 11 Dec. 1 inclusive. ' 0,000 2%% II 1 School bonds. Due from €,500 11 1953 to 2%% District $3,000 1955 inclusive. School bonds. No. Dec. on District No. Due on Dec. 1, as $3,000 in 1956, and $3,500 in 1957. 15,000 3% School District No. 11 V" follows: bonds. Due on Dec. 1, as follows: $3,500 in 1958 and 1959, and $4,000 in 1960 and 1961. , 12,000 3% School District No. bonds. Due $4,000 on 15 Dec. 1 from 1950 to 1952 inclusive. - . 12,500 2V2% 15 School District bonds. - 14,500 2%%- School . ing ■ a 2.91%, bonds* follows: Due $4,500 District No. on in Dec. 1956, 1, 33,000 3% School District No. Due on as and $5,000 in 1957 and 1958, bonds. bonds. lows: The about , |y! ' $4 000 in Nov. on 1 notes, divided as follows: ' $200,000 450,000 sewerage loan bonds, as lV2s. Due on Nov. 1 from 1950 Dated Nov. 1, 1949. Note Offering — man, sealed bids until 11 Nov. 14, 1.950. The Sullivan, purchase own & Heenehan, City, will be fur¬ Authority at its Donovan the by expense. receive will sealed at J. 1 170, on Oct. 27— group composed of the Bankers Trust inc., Co., J. P. Morgan & Co., both of New York, and the Second National Bank of Boston, at 0.73% interest, plus a premium of $30. Dated Nov. 7, 1949 and due June on tional second 20, 1950. The Authority, Mass. Sale—The Note Shawmut Bank of Boston, high bidder, named a rate "!l ' Boston, Bond Sale Mass. The $15,550,000 170, p. awarded to a syndi¬ — bonds offered Oct. 26—v. 1541 were — cate composed of Lehman Chemical Bank ers, & Broth¬ Trust Co.. Salomon New Bros. & Hutzler, all of York, Philadelphia National Bank, Philadelphia, Hemphill, Noyes, Graham, Parsons & Co., Eastman, Dillon & Co., R. W. Pressprich & Co., all of New York, Equitable Securities Corp., White, Weld & Co., A. C. Allyn & Co., L. F. Rothschild & Co., all of New Co., York, Central Republic Chicago, Boatmen's Na¬ of tional Bank, of St. Louis, Fidelity Union Trust Co., of Newark, Eldredge & Co., Kean, Taylor & Co., Hallgarten & Co.; American Se¬ curities Corp., Francis I. duPont, & Co., Hirsch & Co., G. H. Walker & Co., Dominick & Dominick, Ira Haupt & Co., W. H Morton & $2,000,000 third any subsequent Oct. 1, 1962, at 101% of the par value, and on any Oct. 1, after 1962, at 100% of the par value. Principal and interest (A-O) pay¬ able at the Traverse State Bank, Traverse City. Bidders to name the rate of interest, expressed in multiple of V\ of 1%. The ap¬ proving opinion of Miller, Canfield, Paddock & Stone, of Detroit, will be furnished to the purchas¬ Note O. (P. County Beulah), Mich. ;V Details—The Sale , ; $29,600 tax anticipation notes purchased er without cost. A certified check by Jones B. Shannon & Co., of De¬ for $1,000, payable to the District troit, as previously noted in v. 170, Treasurer, is required. p. 1541, were sold at 3% interest, Farmington Twp. (P. O. plus a premium of $3.60. Sale offered bonds Mich. Dist., The — Bond Offering—Harry N. McCracken, Township Clerk, will re¬ $25,000 school Aug. 22 were awarded to the First of Michigan ceive bonds offered Oct. 14 were award¬ 000 ed to the First of Field & Co., of Cleveland, R. Co., Glickenhaus & Lembo, both of New York, Det D. Wrhite & mer Moncure . of & Biddle of & D A. Pincus York, at follows: a $2,000,000 municipal Act of 1949 on Nov. ,1 from. 1950 to 1953 inclusive. Y 350,000 municipal Act of on 1949 Nov. inclusive. 1 loan 4s. Due as ^ /\ ^ relief bonds, from Y" t' ■ loan water district loan, Act of 1949 bonds. Due $10,000 on $280,000 Y to : v 1953 Miller, Canfield, Paddock & Stone, of Detroit, will be fur¬ to the purchaser by the nished Township. Filer Township (P. O. Oak Hill), Michigan Bond Sale—The $25,000 water bonds offered Oct. revenue West Bloomfield Twps., and City of Bloomfield Hills Frac. Sch. Dist. No. 2 clusive. 112.000 Dated Nov. on 15 from 1952 from 1 to 1969 merical to 1979 inclusive. Bond Offering payable at the Second National Bank of Boston. Bidders to name will District Secretary, hauf, Dated Nov. 15, 1949. Denomina¬ tion $1,000. Principal and interest ceive sealed- bids (EST) on until 8 1949 -and 1953 to due 1969 maturing from 1962 callable in inverse are on inclu¬ nu¬ order beginning Sept.,1, 1962. H. V. Sattley & Co,, of De¬ troit, second high bidder, offered to 1 purchase the Y bonds oiu a Max H. FrU- — a Bonds Michigan bonds.. Due loan bid reflecting a net cost .of y about 3.706%.; on Sept.; 1, Sept. sive. (P. O. Bloomfield Hills), water $4,000 Co., >of (A-O). Bloom field, Troy, Nov. 15 from 1952 to 1979 in¬ . . re¬ p.m Oct. 31 for the purchase 3.706% basis. of $450,000 not to exceed 3% in¬ building coupon bonds. tJhe rate of interest, expressed in a Dated July 1, 1949. Denomination multiple of Vi or 1/10 of 1%. The $1,000. Due July 1, as follows: approving opinion of S t o r e y, $25,000 in 1950 to 1954, $30,000 in Thorndike, Palmer & Dodge, of 1955 to 1959, and $35,000 in 1960 Boston, will be furnished to the to 1964. Bonds maturing in 1955 purchaser. to 1964, may be redeemed at the terest Flint Twp. Sch. Dist. No. 24 (P. 5256 Corunna Road, Flint Bond Mich. Offering Cooper, receive (EST) 7), District sealed O. J. Harry — Secretary, bids until will 8 p.m. Nov. 2 for the purchase of $240,000 not to exceed 4% in¬ terest school coupon bonds; Dated on inverse interest payment date on or after July 1, Oct. 1, 1949. Denomination $1,000. v. 170, p. 1644—were awarded to 1954, at par and accrued interest Due June 1, as follows: $9,000 in to the date fixed for redemption, the National Shawmut Bank of 1950, $10,000 in 1951, $11,000 in Boston, at 0.69% interest. Dated plus a premium for each bond so 1952, $12,000 in 1953, $13,000 in Nov. 7, 1949 and due on June 20, redeemed as follows: $20 on each 1954, $14,000 in 1955, $15,000 in 1950. The Chase National Bank bond called for redemption on or 1956, $16,000 in 1957, $17,000 in of New York, second high bidder, prior to July 1, 1956; $15 on each 1958, $18,000 in 1959, $19,000 in bond called for redemption there¬ named a rate of 0.71%, plus a 1960, $20,000 in 1961, $21,000 in pre¬ after, but on or prior to July 1, mium of $27. 1962, $22,000 in 1963. and $23,000 1958; $10 on each bond called for • jn ^4 Bonds maturing in the Norfolk, Mass. redemption thereafter but on or Bond Sale:—The $240,000 bonds | years 1959 to 1964 shall be sub_ prior to July 1, 1960; $5 on each offered Oct. 25—v. 170, p. 1644— ject tQ red tion ior to ma_ bond called for redemption theiewere awarded to W. E. Hutton & turHy at the option Qf )he Dis_ Y on °.r pl Y„ ho Yri i h''ct. in inverse numerical order, Co., and Hornblower i& Weeks, Chelsea Housing Authority, Mass. Note Sale—The $1,040,000 third series notes offered on Oct. 27- option of the numerical District order on in any v both of 1962 New price a about York, jointly, as 2s, 101.98, a oasis oi of 1.78%, follows: as 1969 inclusive. offered Oct. 25 -I $103,000 were . notes awarded to Day Trust Co., of Boston, as 1Y4S, at a price of 100.51, a basis of about 1.125% $50,000 water follows: as mains 53,000 street notes. ': loan at a 1 Y".v- The second Robert notes. construction • loan -yy'- highest bidder Hawkins / was & Co.r for 1Y4S, price of 100.32. Y'> >' 1 •'Yt; 1 ■ " -•«'!• ! ti-v? . J' .1 'V to A cost. the purchaser for $10,000, payable to the District Treasurer, is required. ; - : ^ Elmwood Twp. Sch. Dist. No. 6 '•YY (P. o. R. Traverse Bond F. D. No. 3, City), Mich. Offering—James W. - > interest school bonds. Dated Oct. 1, 1949. lo on anv on ac-i or one any or one >i.~ i w'^'i & Savings Bank, Flint. Bidders to the pressed 1%. late in a The Claude of interest, multiple approving H. Stevens, exY4" of of opinion of of Berry, Stevens, Barbier & Evely, of De¬ troit, will be furnished at the ex¬ pense Hill, Director, will receive sealed bids until 3 p.m. (EST) on Nov. 1 for the purchase of $45,000 not to ex¬ 5% j check,Ham® certified i(J .UYJ ir]xer^si, Stone?of'DetroTC'will 5blce a.t the Citizens Commercial furnished ceed interest 1957; bonds maturing in 1962 to 1.964, on and after June 1, 1954. Principal and interest (J-D) pay- multiple of V* of 1%J The approvng opinion of Miller, Canfield, without value thereof and par lnt^st payment date^as ? ™Sf ° ® matuiing in 19o9 1961, on and .after June 1, trust company to be designated n-tr fVio nnmiiacpr by the purchaser. Riririers tn name Bidders to name the rate of interest, expressed in a - at the 1, 1962. Principal andi_e^ (J-J) payable at a bank <£9^ July or be . Stoneham, Mass. Sale—The No^prenuumfor redemption | shaU be pari called bonds after Paddock^& ; Dated Nov. 1, 1949. Note on interest 1950 to 1969 inclusive. 4s. Due as 1950 in¬ of Detroit, interest, the relief bonds, inclusive. rate Interest Phelps, Inc., "\v 1970 the follows: & v.;' to name 26—-v. 170,~p. ^1645—were awarded to McDonald,' Moore- & York Co., both of price of 100.004, 1963 to 1952, at par and accrued interest the date fixed for redemption. Co., of PhPa- delphia^ Byrne and and New p.m. to 40,000 school loan bonds. Due $2,Paul V.Y- 000 on Nov, 1 from 1950 to Chicago, Co., 8 Nov. 1 for the purchase of $392,000 coupon bonds, divided as on & Co., Frederick until of works $200,000 school, Act of 1946 bonds. Due $10,000 on Nov. 1 from City. bids terest, expressed in a multiple of >4 of 1 %. The approving opinion 1955 may and from Bidders payment date on or after,April 1, (EST) noon & Kansas sealed ceive sealed bids until at of Farmington), Mich. , Sch. Bessemer Burlington Water District, Mass. Bond Offering—John E. Fogelberg, District Treasurer, will re¬ Co., Laird & Co., G. C. Haas & Co., all of New York, Stern Bros Co., to be redeemed at the option of the District in inverse numerical order on any interest Na¬ of 0.72%. fol¬ time for $2,800,000 First same Brookline Housing 1644—were awarded to p. the at (EST) on Nov. 2 for the purchase Corporation, of Detroit, as,2% s, at of $28,000 not to exceed 6% in¬ Series notes. Dated Nov. 15, 1949. a price of 100.05, a basis of about terest water special assessment Due on Nov. 14, 1950. The ap¬ 2.22%/ coupon bonds. Dated Nov. 1, 1949. proving opinion of Sullivan, Blackmail Twp* Frac. Sch. Dist. Denomination $1,000. Due on Donovan & Heenehan, of New No. 9 (P. O. Jackson), Mich. Nov. 1, as follows: $1,000 from York City, will be furnished. Bond Sale — The $26,000 school 1951 to 1962 inclusive, and $2,the $110,000 school MASSACHUSETTS and on 1957 the Benzie Bond bids date a * Additional Offering—Mr. Cole¬ man, and attorney of 1949. Due on Nov. 14, approving opinion of York of New nished on District, is required. (EST) a.m. the for 3 Nov. Cole¬ redemption of 1949 lowing values: On Oct. 1, 1955, at 21, 1949, 102% of the par value; Oct. 1, Jan. 31, 1950. 1956, at 101.5% of the par value; Nov. opinion of some shall be fur¬ purchaser at his own expense. A certified check for 2% of the notes, payable to the receive will Chairman, cn Mass. J. Jonn succes- sive weeks at least 30 days before 1949. anticipation Dated by may be called numerical order 1949 "Michigan Investor" for 2 31,1 approving nished Housing Authority, Boston The 1, 1964, inverse through notice to the holder by publication of said-notice in the : Principal and interest payable at the District Treasurer's office. market inclusive. 1979 to 1962 to Oct. Jan. 31, 1950. tax notes. Due Oct. Dated on 125,000 Y anticipation of tax notes. from inclusive. 1969 to inclusive. as 1950, and $5,- in 4%interest exceed to not 000 Michigan Corpo¬ construction bonds offered Oct. 18 series notes offered Oct. 27 — v. ration, of Detroit, as 2s, at a price —v. 170, p. 1541—were awarded 170, p. 1644—were sold as follows: of 100.27, a basis of about 1.87%. .0 Lyons & Bonds are dated Sept. 1, 194.9. Shafto, of Boston, and $1,700,000 to the Chase National imith &c Co., of Waterville, jointly, Bank of New York, at 0.71 % in¬ Denomination $1,000. Due on is 2^4s, at a price of 101.61, a basis terest, plus a premium of $68, and April 1, as follows: $5,000 from )f about 2.05%. Dated May 1,1949. $300,000 to the Bankers Trust Co., 1950 to 1954 inclusive, and $1,000 Due on May 1 from 1950 to 1969 in 1955. Bonds maturing in 1954 New York, at 0.70% interest. 15 Dec. 1, as fol¬ 1952. Bond Sale—The New School District No.il Due on Dec. 1, as fol¬ 000 in 1951 and MAINE Houlton, Me. i lows: $5,000 in 1959 and 1960; $5,000 in 1961 and 1962, and $6,000 in 1963 and 1964. 14,000 3% net interest cost of •: Richards No. Due on Dec. 1, as follows.: $4,000 in 1953 to 1954, and $4,500 in 1955. 15 1974 inclusive. to highest bidder was A. M. Smith-Wood Co., on a bid reflect¬ Dec. on 1958 inclusive. School follows: bonds. 1951 •eries notes offered Jones, of New Orleans, is pub¬ licly offering an issue of $325,000 tionds, divided as follows: 1950 fol¬ as 1964, except that the bonds rep¬ resenting the $4,000 due Oct. 1, Secretary, Due Due bonds. Due Oct. 1, . to inclusive. Dated Oct. 1, 1949. Due on Oct. 1 Agawan Housing Authority, Mass. Note Sale—The $340,000 third Dists. Bonds Publicly Offered—Scharff 10 of bid reflecting Sanford, Orleans, on a net interest cost of about 2.86%. redeemed thereafter so Natchitoches . i or •;!. & redeemed thereafter so prior to Feb. 1, 1989. Prin¬ cipal and interest (F-A) payable at the Chemical Bank & Trust Co., iNew York City. The approving opinion of Chapman & Cutler, of Chicago, will be furnished at the expense of the City. These bonds are part of a total authorized is«ue of $7,000,000. A certified check lor $50,000, payable to. the City Treasurer, is required. : Hattier New prior to Aug. 1, 1979, $5 for or on White, to second redeemed oach bond The $135,000 park -— improvement bonds offered Oct. 22—v. 170, p. 1130—were awarded from prior to Aug. oach bond Sale Bond as from $6,000,000 temporary loan Third Series, Boston 200-1 notes. Dated Winnfield, La. redeemed so jprior to Aug. 1, 1959, $15 for each or Orleans. .C premium of $20 a bond for New bonds, 1949 on $1,000. lows: $2,000 in 1950 to 1952, $3,000 in 1953 to 1961, and $4,000 in 1962 . wili receive sealed bids until 4 p.m. (EST) on Oct. 31 for the purchase of $325,District 1,300,000 construction of build¬ ings, acquisition of land Dec. 1, 1952 on of Due 300,000 Earl Boston Stadium, Act of 1949 bonds, as IV2S. Due on Nov. 1 from 1950 to 1959 tions $1,000 bonds Act nation V Offering—Lila E. Cannon, Note Nov. 1 1950 to 1959 inclusive. 1959 to 1961 inclusive. from #78,000 1961, $80,000 in 1962, or on any interest payment date #88,uu0 1963, $86,000 in 1964, thereafter at par and accrued in¬ Principal and interest #88,000 1965, $92,000 in 1966, terest. #95,000 1967, $97,000 in 1968, (,J-D) payable at the office of the School Board Treasurer or at the #100,000 1969, $104,000 in 1970, #108,000 1971, $110,000 in 1972, Chase National Bank, New York #114,000 in 19<3, $118,000 in 1974, City. Legality approved by Charles #122,000 in 1975, $126,000 in 1976, 6c Trauernicht, of St. Louis. #130,OtO in 1977, $135,000 in 1978, Waterproof, La. #14u,o00 in 1979, $138,000 in 1980 Bonds Sold—An issue of $105,io 1988, and $141,000 in 1989. The J00 gas distribution system bonds ix>nas sue callable for redemption las been sold to Weil & Arnold, oi in inverse order of their matur¬ ities, and if less than a full matur¬ ity, then by lot within such matur¬ ity on Aug. 1, 1954, and on any interest payment date thereafter, Payment for any bond so called lor redemption prior to maturity Ahall be made at the principal amount thereof plus accrued in¬ loan, V; IVas. School District No. 18,000 2%% fc eb. 1, as follows: $60,000 in 1962, in in in in in in in in in in 1956 to lao8 inclusive. from and water MICHIGAN clusive. 10,150,000 transit assessment Monday, October 31,. 1949 Battle Creek Sch. Dist., Mich. - Nov, 1. from 195U to 1959 in¬ bonds. Due 1 CHRONICLE „ School District No. $6,000 on Dec. 1 118,000 2 */2% electric revenue bonds. Dated Feb. #6*2,000 $>65,000 $5,000 on Dec. 1 1953 to lap5 inclusive. — FINANCIAL & 1,000,000 construction of public 1 ways bonds, as IV4S. Due on bonds. Due 1 • Offering School District No. 15,000 2*4% Monroe, La. Bond COMMERCIAL THE (1744) coupon Denomi- of the District. A certified check for District *'> ' Bonds 000 gas $4,000, payable to the Treasurer, is required. Ironwood, Mich. Sold—An issue utility mortgage 1 of $60,- revenue Volume Number 4851 170 bonds has been sold to THE Alli¬ the 100.008, a basis of about 4.99%, as previously noted in v. 170, p. 1645, son-Williams Co., of Minneapolis. These are the bonds for which all were bids received count with H. V; Aug. 8 on were re¬ Kalamazoo Sault County, Vichsburg Drain Spec. Assmt. (P. O. j awarded to the above in 351 S. Kalamazoo v Avenue, 24—v. 170, 1645—were awarded Michigan Corpora¬ tion, of Detroit, on a bid reflecting p. to the First of net interest cost of about 2.91%. a Dated Oct. 1, 1949. Due on April 1 from 1950 to 1959 inclusive. offered Oct. 20 to Stranahan, Harris & Co,. Inc., of Toledo, at a price of 100.03, a basis of about 1.67%, as Co., Due l%s. April 1 on 58,000 - as: from 72,000 1955 from Due 1964 to dated Denomination April on 1 1, 1949. $1,000. Due on follows: $5,000 in 1950; $10,000 from 1951 to 1955 inclu¬ April 1, , as sive; $12,000 from 1956 to 1960 in¬ clusive, and $15,000 from 1961 to 1964 inclusive. Bonds maturing in 1956 to 1964 may be redeemed at the option of the District, in interest order, on any iriteresfc payment date oh or after interest to the demption, each par premium a redeemed so lows: $20.00 and accrued date fixed for plus bond for fol¬ as for redemption on or prior to April 1, 1956; $15.00 on each bond called for redemption thereafter, but on or prior to April 1. 1958; $10.00 on each bond called for re¬ demption thereafter, but on or prior to April 1, 1960; $5.00 on each bond called for redemption thereafter, but on or prior to April 1, 1962. No premium shall be paid on bonds oalled for re¬ demption after April 1, 1962. Bid¬ ders to payable at a bank or trust com¬ pany designated by the pur¬ chaser. The approving opinion of Miller, Canfield", ; Paddock & Stone,- of Detroit, will be fur¬ nished to the purchaser without cost. Townships 6 (P. O. Wyoming School District No. Grand Rapids), Mich; . Bond Offering—The to 1965 and bonds. bonds These at special a school Aug. 22. • were election " Plain field T wp.Graded Sch. Dist. in inverse numerical order ning April 1, 1955. Offering — Van Kenneth the & Mercantile-Commerce in Trust Sale The —. building 24—v. 170, Oct. awarded to a of & Shields syndicate composed Co., Roosevelt & 4s. as from 1950 to 1,825,000 July on Due on 1964 MINNESOTA Anoka County Indepd Sch. Dist. No; 23 Bond ing Sale—The bonds 170, Kalman offered & Drain Sept. price of Sale 170, —v. awarded to basis Nov. 1, — on were &. Co., of price of 100.113, about 2.411%. Dated of rants a 1949 and due from due in 1956 Dec. on to made was Aurora. 1958 31 100.013 Bank of ' Austin, Minn. Offering—J, H. Bond are numerical by the State " , inverse Weiland, City Recorder, will receive sealed bids until 8 p.m. (CST) on Nov. 4 for the purchase of $60,000 park grandstand bonds. 1949. of' rate the interest, 1, Due able to bonds at a price of of 1.88%, sold, Columbia. a cost. as $85 000 20 of 02, a follows: basis * sold at of bonds. sewer The • \- second highest bidder was Boland, Saffin & Co., for 214s. '■■■[ NEW $200,000 electric Bethel Bond Sale YORK and Liberty, Swan LakeFire Dist. (P. O. Liberty), public auction to Co., of Lincoln, as New York The -r- $10,000 fire . . 7 Colesville, Fenton, Sanford, Windsor, Greene, Afton and the purchase revenue Platte of bonds, $135,000 :; ):■ ; : > Valley Public Power and 1 Irrigation District (P. O. North Platte), Bonds Not Sold McCook revenue on A offering date will be de¬ . Oct. 27 not sold. were termined upon shortly. by Paine, Webber, Jackson & Curtis, Estabrook & Co., and Robert Hawkins & Co., all of Boston, as 214 s, at a price of 101.506, a basis of about 2.125%. Second high bid of 101.27 for 2y4s was made by the Mer¬ chants National Bank of Boston. / a group composed of Bonds are dated Nov. I,. 1949. Denomination $1,000. Due $12,000 Nov. 1 from 1950 to 1979 inclu¬ Principal and :V/, New York < $130,000 school bonds offered Oct. 27 v. 170, 1543-:-were awarded to Hall Co.; of New York, as 1.70s, at sk price of 100.158, a basis of about due — Dated Dec. on inclusive. 100.327E. Dec. Second for 1, from 1 v l%s H. Rollins & East 1949 1950 to high and I960 bid by Sons, Inc. Aurora, Bond Sale—The of . made was N. • Y. V v $255,000 se\Vag« treatment plant 1949 bonds offered Oct. 21 were awarded to Geo. EL Gibbons & Co., Inc., and Chas. K. Weigold & Co., both of New York, jointly,, as 1.80s, at a price of 100.13, a basis of about 1.78%. 1 Granville, N. Y. ; ' Bond Sale The — bonds offered ; $10,000 water Oct. on 1645—were p. 26—v. awarded to 170* C. E. Weinig Co., of Buffalo, as 1.80s, at a price of 100.08, a basis of about 1.769%. Dated Oct. 26, 1949 and July 1 from 1950 to 1954 inclusive. The Washington County due on National other Bank of bidder, Granville, only named of rate a 2V2%. • Hamilton, > East oh and:: Madison. Central Sch. Dist. No. ll(P. O. Hamilton)] N.-<Y>d on sive. < p. 1.684%. Pembroke, N. H. Bond Sale — The $360,000 water bonds offered Oct. 27 were award¬ ed to ' •• ' Bond Sale—The offered new * Neb. The $600,000 bonds — Division ; * i 'I v /f* Coventry Central Sch. Dist. No. 1 (P. O. Harpursville)' ■; for interest pay¬ Sale—The Bond $120,000 school Clerk, Con. All bonds from New Sch. Dist., Miss. to Marvin L. Polk of Dated June 1, 1949. by MONTANA Red Bond hospi¬ of Lodge, Mont. Sale — The $30,000 civic memorial center Oct. United the serial 24—were State bonds awarded National of¬ to Bank, Red Lodge, and the Yellow¬ of Laurel, jointly, as 2V2S, at a orice of 100.16, a, basis of about 2.48%. Due $1,500' on were Minneapolis, at approved approved ; stone Bank, the Northwestern Na¬ 100 by the pur¬ A Lf.ke, Minn. Oct. in Charles & Trauernicht, of St. Louis. Legality fered offered awarded to. nrice 5s, been for Sale—The Bond tal in 95.000 been %s, at a price of 100.17. The sec¬ house 1949 bonds offered Oct. 25—ond highest bidder was Stern v. 170, p. 1542—were awarded to Bros. & Co., for 1 */4s, at a price of the National Bank of Liberty, as 100.16. ' 1.60s, at a price of par. Dated Nov, Norfolk, Neb. A./VU.. ; 1, 1949. Due on Nov. 1 from 1950 Bond Offering—The City Clerk to 1959 inclusive. ' - j 2.% % and 2%% building bonds has ; ? , has $20,000 water, Series A bonds. 70,000 water, Series B bonds! *> bonds offered Oct. revenue were pay-r Sold—An issue of $38,000 Bonds $1,200, pay¬ the City Treasurer, is re¬ quired. 21 on inclu¬ $15,000 1964 inclusive. to Bassfield the name expressed without check system Bond 1/10 of 1%. The or nurchaser certified to Legality to of New 2.45s, at a price of. basis of about 2.41%, as as a Beatrice, Neb. Bond Sale—The ' Jan. 1 from 1951 to 1965 Bidders bonds 13/4S. MISSISSIPPI Dated Nov. Denomination $1,000. on equipment sold to the Auburn State Bank, as Clifton, N. J. maturing after Feb. 1, 1954, to be Paying Agent—Bankers Trust subject to redemption and pre¬ Company has been appointed New payment in inverse order of se¬ York Paying Agent for $75,000 rial numbers, at the option of the bond anticipation notes due June Village, on said date and any in¬ 30, 1950 and $250,000 Tax Antici¬ terest payment date thereafter at pation notes due March 31, 1950 par and accrued interest plU3 a premium of $25.00 for each bond Haledon, N. J. so Bond called. Bidders to name the Offering — Andrew A. rate of interest, expressed in a Heller, Borough Clerk, will re¬ multiple of l/4 or 1/10 of 1%. The ceive sealed bids until Nov. 28 for the purchase of $76,000 bonds, di¬ approving opinion of Briggs, Gil bert, Morton, Kyle & Macartney, vided as follows: of St. Paul, will be furnished to $44,000 general improvement the purchaser without cost. A cer¬ v:',; bonds. / tified check for $280, payable to 32,000 veterans' Housing bonds. the Village Treasurer, is required, Lake wood T wp. (P. O. Lakewood), Kalman Minneapolis, at a 1951 1645 p. designated Co., , $15,000 warrants offered sewer 25 1 from The — fire $22,000 The second high¬ and & Amund- able at the Merchants National 1949 bonds offered Oct. 21—v. 170^ will receive Bank, of Boston or, at the option p. 1542—were awarded to Roose¬ of the holder, at the Suncook velt & sealed bids until 1:30 p.m. (CST) Cross, and Wood, Struthon Nov. 5 for the purchase of Bank, Suncook. Legality approved ers & Co., both of New York, by Storey, Thorndike, Palmer & $14,000 funding coupon bonds. jointly, as 1.60s, at a price of Dated Oct. 1, 1949. Denomination Dodge, of Boston. 100.03, a basis of about 1.59%.. $1,000. Due $1,000 on Feb. 1 from Dated Oct. 1, 1949. Due on Oct. 1 NEW JERSEY Minn. Aurora, Warrant tional Bank, as 1960 to inclusive, Village son, Dated par. 1, 1949. Due on Jan. 1952 to 1970 inclusive. First of Michigan Detroit, 1951 awarded were Bond Offering—Albert 28—v. Oct. 000 drain bonds purchased by the Corporation, of bonds. Taylors Falls, Minrt.: Paul, and Associates, a Neb. Bonds Sold—An issue of any 1959 build¬ awarded to Co.. Juran & Moody, 3V2S, at as $90,000 York, 25 Ingen NEBRASKA Auburn, t Faegre & Benson, of Minneapolis +* " 1239—were p. Hemn Elk Creek at chaser. (P. O. Neva Brighton), Minnesota ;U County, coupon 1, 1949. Due $2 000 from company approving opinion of Dorsey, Colman, Barker, Scott & Barber, of Minneapolis, will be furnished to (P. O. Sandusky), Mich. Sale Details—The $290,- Oct. 1 1949 Oct. Van follows: sewer drainage 14, . V' 1960. Principal and interest pay¬ able at any suitable bank or trust multiple of V4 Dist. O. J. will receive sealed bids until Nov. to Rapids. Bidders to name the rate Bond Minne¬ Mannheimer-Egan, Inc., for iy2s, at a price of 100.24. Bonds are dated Oct. 1, 1949. Denomination $1,000. Due on Dec. 1, as follows: $20,000 in 1951 and 1952; $10,000 from 1953 to 1956 inclusive; $25,000 from 1957 July 1, 1949. of Sanilac of ... of about 1.42%. 1 inclusive. quired. Barber, est bidder was inclusive. July B. par.''.V'/,.. v" -'';;j 100.24, Bank, of Minneapolis, as Dated Nov. 10, 1949 and due Nov. IMis, at a price of 100.46, a basis 10, 1950. .. 1954 inclusive. 1955 to from price a tional 1 2%s. as Dated Due $4,000 in a mul¬ tiple of V4 of 1%. The approving opinion of some market attorney, shall be furnished by the pur¬ chaser at his own expense. A cer¬ tified check for $1,000, payable to the District Treasurer, is re¬ & Twp. (P. O. Box Sale—The $185,000 bonds offered ' Cross, Hornblower & Weeks, Ira Haupt & Co., F. S. Smithers & Co., Rand & Co., all of New York, J. C. Bradford & Co., of Nash¬ ville, Julien Collins & Co., of Chicago, and Thomas & Co., of Pittsburgh, at a price of 100.02, a basis of about 2.86%, as follows: $675,000 6s, at as to both of NEW HAMPSHIRE Barker, Scott & Barber, of ■; Manchester Housing Authority, Minneapolis, will be furnished. A certified check. for $400, payable /// ; New Hampshire ; 1 •Note Sale—The $2,800,000 third to the County Treasurer,, is. re¬ issue notes offered Oct. 27—v. 170, quired. ; ' / p. 1645—were awarded as follows: Murray County (P. O. $2,500,000 to the Chase National Slayton), Minn. ' Bank of New York, at 0.71% in¬ Bond Sale—The $170,000 hospi¬ terest, plus a premium of $90.18, tal bonds offered Oct. 20 were and $300,000 to Bankers Trust Co., awarded to the Northwestern Na¬ New York, at 0.70% interest. 1542—were p. C. Fox, Sidney, jointly, of awarded were Bond 1 able offered cipal and interest (A-O) payable at the Old Kent Bank, Grand expressed of ap¬ sive,; Principal and interest - from 1963 to 1967 inclusive. Prin¬ interest, order Legality 10 and the First Trust Jan. $2,500,000 will 5 receive sealed bids until 8 p.m. (EST) on Nov. 1 for tne purchase of $50,000 not to exceed 3% interest school cou¬ bonds. Dated Oct. 1, 1949. De¬ $500. Due on Oct. 1, as follows: $1,000 in 1950; $2,000 in 1951 'and 1952; $2,500 from 1953 to 1957 inclusive; $3,000 from 1958 to 1962 inclusive, and $3,500 inverse 55 Nixon), N. J. bonds man, bonds callable nomination in and numbers. Dated Co., St. Louis. / ' Bond Oct. Hass, 30 000 Bank Wayne School District, Mich. school C. Raritan 1 Special sealed bids until 2 p.m. (CST) on Nov. 8 for the purchase of $20,- high 1 order. Second high bid of pon prepay¬ suitable banking in¬ bid of 100.144 for $1,015,000 2s stitution designated by the pur¬ and $635,000 l^s was made by a chaser, Bidders to name the rate group composed of the Northern of interest, expressed in a mul¬ Trust Co., Chicago, Chase Na¬ tiple of y4 or 1/10 of 1%. The ap¬ tional Bank of New York, and proving opinion of Dorsey,-Col¬ Heulen, Secretary of the Board of Education, and Offering—C. H. Peterson, County Auditor, will receive begin¬ Second each sub¬ Bond callable are maturing County (P. Jackson), Minn. from 1956 to 1959 inclusive. War¬ Belmont), Mich. No. 6 (P. O. 1967 will be 1951 to Jackson dated are Bonds A. 1, 1959, and any in¬ payment date thereafter, 1 1 offered was No. * ' • $5,700 Dist. Scott apolis. . . Improvement 1949. 1, Sale—The proved by Dorsey, Colman, Bark¬ inclusive. April on 1967. Bond Jan. par, 1 April Oct. redemption on serial inclusive. on 1962 to 1967 inclusive Oct. Bond at July 1949 and those maturing from 2Vz% on Due l!£s. Due Superin¬ of $175,000 purchase to terest a April dated are to ment about on 1961 All of the bonds the authorized to 1962 1966 ~ 1962 ject of all of Due 13/4S. 225,000 * ceive sealed bida until Dec. 15 for held 2s. from tendent of Public Schools will re¬ house cost 1950 both of St. and in and 100.025, Sidney, Mont. <' highest bidder inclusive. 1967 the rate of interest name expressed in a multiple of V\ of 1%. Principal and interest ("A-O) Paris Co., of 1967 inclusive. (1745) 1 Jan. 1 from on Due $5,000 on Jan. 1 from follows: as 410,000 re¬ each bond called on & Co., Due second er, from inverse numerical April 1, 1954, at & price a $1,015,000 1, inclusive. Oct.. Sattley at 1.7903%, 1 1959 inclusive. to I960 are April on I%s4 Due as ■Bonds l%s. V. to Bonds Detroit, Braun, BosCo., Inc. and Stranahan, H. .* as a Harris & Co., both of Toledo, Paine, Webber, Jackson & Curtis, of Chicago, Watling, Lerchen & from' 1050 to 1954 inclusive. :: syndicate First of Michi¬ the Jan. on Bank, Minneapolis, First National Bank, St. Paul, and First National Bank, Heron Lake, jointly, for $85,000 as 2y4s, at a price of 100.51. 1542— p. Due CHRONICLE First National were awarded follows: The • 2s. as 1962 Dist., Mich. 170, to FINANCIAL 13/4S. as 30,000 Corp., gan net Bond Sale—The $175,000 build¬ bonds of worth & Detroit, Litchfield), Mich. $45,000 26—v. McDonald-Moore Litchfield Twp. Sch. Dist. (P. O. ing Oct. awarded composed ; & from 1951 to 1961 inclusive. The $1,650,000 building bonds — and offered were / Sch. site Vicksburg), Mich. cial assessment bonds offered Oct. Marie Sale Bond school Sale—The $81,500.28 spe¬ Bond '•, Ste. $55,000 ac¬ Sattley & Co., of Detroit. jected. COMMERCIAL a about Dec. 1 sive. 1 from 1950 to 1969 inclu- dell; (EST) sealed on $16,000 terest Lackawanna, N. Y. Bond Sale — The $594,000 bonds offered on —were awarded to E. H. Rollins Sons, Oct. 27—v. Inc., 170, Coffin and p. 1645 &, & Burri York, jointly, as ll/zs9 of 100.289,' a basis of both of New at price a about 1.455%. Sale consisted of: incinerator $309,000 Due Aug. on 1 plant bonds. from 1950 tot- i;'/ r 1964 inclusive. 285,000 street x-epaving bondsw Due on Aug. 1 from 1950 tot 1959 inclusive. All of the bonds ,; are dated Aug. 1, 1949. Second high bid of 100.562* for 1.60s was composed made Marine of by a grouj» Trust Co^ H. Be¬ Buffalo, Goldman, Sachs & Co., B. Treasurer,, will iJ. Van liigen & Co., Inc., and R. -Township receive of Jersey Offering—Lillian 1950 to 1964 inclusive. bids until 8 p.m. D. White & Co. „ Nov. 10 for the purchase not to exceed 6% in¬ or registered 1, 1949. Denom. $1 000.'Due $2,000 on Dec. 1 from 1950 to 1957 inclusive. Principal and interest (J-D).payable at the sewer coupon bonds. Dated Dec. Lynbrook, N. Y. Bond Vilage Offering Bonno — Treasurer, will Riesr receive- sealed bids until 3 p.m. (EST) or* Nov. 3 for the purchase of $42,000 not to exceed interest 5% Peoples National Bank of Lakewood, Lakewood. Bidders to name the rate of interest, expressed in a public improvement 1949 coupon or registered bonds. Dated Oct. 1, 1949. Denomination $1,000. Due on multiple of % or 1/20 of 1%. The approving opinion of Caldwell, Marshall, Trimble & Mitchell, of New York City, will be furnished to the purchaser without cost. A Oct. 1, 1950 to pal and interest (A-O) payable at the Lynbrook National: Bank & certified the Trust Co., Lynbrook. Township name the rate check for 2% payable to the Treasurer, is required. bonds, of 1953. follows: as 1952 and pressed $10,000 from inclusive; $8,000 in $4,000 in in a of 1954. Princi¬ Bidders interest, multiple of to ex¬ or 54 (1746) 1/10 THE. COMMERCIAL of 1 %: The ion approving opin¬ Vanaewater, Sykes, Heck¬ Galloway, of New York of ler & City, will be furnished to the chaser-without cost; A ! Central StJt. Dist., No. pmv certified check for $840, payable Village, is required. to Northport, N. bonds p. Sale — offered 1543 — Y. Bond the ing $46,500 Oct. 20 were Series. C revenue, » 1 bonds offered Oct. 26— and Aug. / 1, Aug. .1, Feb. 1955, $150,000 Feb. and 1956/ $160,000-.Feb. and 1957 and> 1958,-' $170,000 and 1964, Bank of Huntington & Trust Co., Huntington, as 1.70s, at a price of 100.06, a basis of about 1.69%. Dated Oct,'4, 1949. Due on Oct. from 1950 to 1964 inclusive. 1646-^-were awarded to Rochester, jointly, as 1.30s,/at a price of 100.05, a basis of about of 1,29%; Dated on 1 1.22%. Dated Sept. 15, 1949. Due Sept. 15 from 1950 to 1959 in-: Nov. 25, 7,500 fire to 1956 inclusive. 1954 Co., Inc., Chas. Weigold & Co., both of New York, and Sage, Rutty & Co., of v. about $1,000. Due $100,000 Feb. and Aug. 1, 1953, $110,000 Feb. and Aug. 1, Aug.. 1, 1959 to 1961, $180,000 Feb. and Aug. 1, 1962 to p. of Monday^ October 31, 1949/ 1948.-. Due Geo. B. Gibbons & sewer 170, awarded .to the — 170, CHRONICLEr bonds. Dated Nov. 1, 1949. Denom. Sale—The $400,000 build¬ 1949 mortgage FINANCIAL E. ■ The first (P. O. Wayland), N. Y. v. Bond Wayland, Cohocton, Dansville, Fremont, Springwater, Sparta, Conesus, Naples and Canadice & $200,000 Feb. and Aug. 1, 1965 and 1966, and $210,000 Feb. and : Aug. 1, 1.967. to 1972. The bonds will be callable in part as a whole Aug. 1, 1958, or on any interest payment date there¬ after, at the following redemption or on on Nov. 1 Ohio. Nov. bids until will 4 $2,500 receive from noon 2y2% water first works Dated Nov. 1, 1949. Denomination $1,000. Due $36,000 in $38,000 in $40,000 in Nov. 1951, 1953, 1955, 1, 1952, $39,000 in of • par,,, a 3.62%, as , fol-/ as from on Oct. * 1 1959 to 1 inclusive, 3%s, due on 1960 and to $1,000 1963 In¬ • 3%s, as due on Oct. 1, 1964.:/ ^ Dated Oct. tion $500.-' 1954, $41,000 $43,000 equipment 3V4s, due $3,000^ clusive, follows: as $37,000-in as 1955 Oct. bonds. ^ and price a and mortgage revenue at of about lows: $2,000 as 4s, due on Oct. < 1 from 1951 to 1954 inclusive;* > (EST) on for the purchase of $1,- 500,000 truck bonds, Offering—Harry E. New* lin, /City .Auditor, sealed 1951 basis Middletown, Bond from 1, 1949. Denomina-/ ////:^^/;/;'/ * ■ Carter County (P. O. Ardmore), Okla..... in . 1956, 4 ' « '/• in 1958, prices, plus accrued interest to $42,000 in 1957, Bond Sale—The $562,500 bonds j Worcester, West ford, Decatur and date of $44,000 in 1959, $45,000 in 1960, offered Oct. redemption; at 103 if 19—v. <170, p. 1543— Port of New York Authority, N. TV. ; Maryland Central Sch. Dist. called on or before Aug. 1, I960; $46,000 in 1961;-$47,000 in 1962, were awarded to the Small-MilNo. 6 (P. O. Worcester), Bond Offering — Howard S. thereafter and if called on or be¬ $48,000 in 1963, $49,000 in 1964, burn Co., of Wichita, and Associ¬ New York Cullman, Chairman, will receive fore Aug. 1, 1961; at 102%; and $51,000_in 1965, $52,000 in 1966, ates, as follows:. ■ • < Bond Sale sealed bids until 11 a.m. The $20,000 school (EST) subsequently for each annual pe-. $53,000 in 1967, $55,000 in 1963, $292,500 seperate school improve¬ on Nov. 2 for the purchase of 1949 bonds offered Oct. 20—v. 170, riod ending Aug. 1, at a call price $56,000 in 1969, $57,000 in 1970, ment bonds, on a bid reflect- • $30,000,000 not to exceed 3y«% p. 1543 — were awarded to the diminished by % of 1%, from the $59,000 in 1971, $60,000 in 1972, ing a net interest cost of about ' interest air terminal, Second Se¬ Bank of Worcester, as 2s, at a next preceding call price. If less $61,000 in 1973, $63,000 in 1974, 1.73%, due from 1952 to 1966 > ries, first instalment bonds. Dated price of 100.50, a basis of about than the entire unmatured portion $64,000 in 1975, $66,000 in <1976, inclusive* -.. /V/ ; <• < • \ ;■ Oct. 1, 1949. Due on Oct. 1, 1979. 1.94%. Dated Nov. 1,1949. Due on of said J.. bonds is called for redemp¬ $67,000 in 1977r $70,000 in 1978, ? 270,000 county 1 court house- / Callable in whole or in part at Nov.*! from 1950 to 1969'inclu¬ tion at and $71,000. in 1979. Bonds ma¬ any time or from time to / bonds,- on-a bid reflecting ;a ) 103%' beginning in the 5th year; sive. ' The second highest bidder time said bonds shall be called in turing onTNov. lr 1961/and there¬ at ;j net- interest * cost /of:?'* about 102% beginning in the 10th was.iWood,, Struthers & Co., for the inverse order of maturity of after, are redeemable as a whole / t 1:69% ydue?'ftont 1952; to 19651 year; at 101% beginning in the 2.10s, at a price of 100.15; those then outstanding; and if less or in part in their inverse-nu¬ /■//• inclusive;. / // /r 20th year. Sinking funds will, be /:/./•;" than the entire unmatured prin¬ merical order on Nov. NORTH CAROLINA 1, 1960, or 7 i" ' established commencing in the cipal amount maturing upon -any on /any interest payment /date / Harmon Countyt ; Dependent >/';* | Cabarrus County (P. O. 10th year to retire the entire issue principal maturity date is called thereafter'at par and accrued in¬ Sch^-Dist^ No: 9 vf/ Concord), N. C. by, maturity. Bidders to name the prior to maturity, the selection of terest, plus a premium of Bond Sale^-The* $500,000 school 3% of //// //,Hollis), Oklai^ . rate of interest, expressed in a the bonds of such maturity to be < Bond Offering—U. S. par if called on or before Nov. 1, Holleman, .• building, Series B bonds offered called multiple of */§ or 1 /10 of 1 %. A shall be by lot conducted 1964, plus a premium of 2^% of Clerk of the Board of Education, ; Oct.1 25—v.' 170, Vp.* 1646^-were certified check for $60,000 is re^by the trustee under the afore-' par/if / called thereafter^vori awarded to the- Kirchofer & Ar¬ /br will receive, sealed/ bids untik/ said:: mortgage,. Bidders to name quired.*/. /- '■"//- V/ ;/'//''';/' // nold prior to Nov. 1, 1968, plus a pre* 7:30 p.m. (CST) on Nov, 7 for the * Associates, Inc., of Raleigh, the rate of interest, expressed ih a mium of Smithtown Union Free Sch. Dist. J, Lee Peeler & Co.,;'of 2% of / par if called purchase of $6,500 transportation,.' Durham, multiple of V\ of 1%. The approv¬ thereafter " on or No. 8 (P.O. Nesconset), N. Y.Vance Securities Corp., of Greens-: prior. to > Noyi 1, equipment bonds. Due in 1952.. .A : ing. opinion of Squire; Sanders & 1972, .plus a premium of. kid / boro, and R.V S. Hays & Co., of 1% % of Bond Offering-^Louis V. Vion, Dempsey, of Cleveland, will be '// ! par if called thereafter prior to is required.; ; District Clerk, will receive sealed Durham, jointly, on a bid reflect¬ furnished to the purchaser with-] maturity/ Principal and interest bids until 4 p.m.,,(EST)* on Nov. ing a net interest cost of about out cost. /!:•;: ■<Perry, .Okla. ' A certified check/for <'2*';t (M-N) payable at the City: Treas¬ . 1 for the purchase uf $280,000 not 2.13%, as follows: Bond Sale Details—The $90,000/; $140,000,^.payable, to, the... City urer's office* Bidders to name the electric to exceed 4% interest school cou¬ $70,000 ,as 5s; < Due on March 1 /system ^ bonds purchased t Treasurer, is required.// rate of : interest,, expressed in a from 1950 to 1954 inclusive. -* pon, or, registered bonds. Dated by ;the / First National Bank & it multiple of % of 1%. The approv¬ Trust Delaware, Ohio Nov. 1, 1949. Denomination $1,000.: 110,000 as l3/4s. Due on March 1 Co., of Oklahoma City, and ? Bond Offering—Robert E. King; ing opinion of Squires, Sanders & the Due -on Nov. 1, as follows; $8,000 /' from 1955 to 1962 inclusive. / Small-Milburn Co., of Wichi*./ from 1950 to 1959 inclusive, and rl60,000 as 2s. Due on March 1 City Auditor, will receive sealed Dempsey, of Cleveland, will be ta, jointly, for $45,000 as 4s; $36;ft> ■ bids until noon (EST) on Nov. 2 furnished at the expenses of the 000 as 2s; $45,000 as 2y4s; $18,000 t from 1963 to 1970 inclusive. ,/ $10,000 from 1960 to 1979 inclu* .;J, sive. Principal and interest (M-N) 160,000 as 21/4s. Due on Match. 1 for/ the purchase of $66,668.42; 3% City..'A certified check for $15,- as 21/2s, and $46,000 as 2%'s, as.» limited' t a x special ?■ assessment 000, payable to the City, is re¬ previously noted in v. 170, p. 1446;:/ from 1971 to 1978. inclusive. payable at the Bank of Smiths bonds. Dated Nov. 1, 1949. Denom. quired, were sold at a price of 100.01, :a : Dated Sept. 1, 1948. The sec¬ town, Smithtown Branch. Bidders $1,000, except one for; $1,668.42, basis of about 2.60/ to name the rate of interest, ex¬ ond highest bidder was the First '.'r * > Warren County (P. O. Due on Nov. 1, as follows: $8,pressed in a multiple of % or Securities Corp., / Durham and 668.42 in Lebanon), Ohio OREGON 1951; $8,000 in 1952 and 1/10 of 1%. The approving opin¬ Byrne ? and Phelps, Bond Offering—A. M. Inc., jointly, 1953, and $6,000 from 1954 to 1960 Parker, ion of Hawkins,, Delafield & on a bid reflecting a net interest Clerk of the Board Multnomah and Washington of County inclusive./ Bidders to name/*the Wood, of New York City, will be cost of about 2.14%. Counties School District * Commissioners, will receive rate of interest; expressed - in a furnished to the purchaser with* sealed bids until noon No. 8-83 JP. (P. O. Bonny (EST) on multiple of lU of 1%. A certified Concord, N. C. out cost, A certified check, for Nov. 4 for the purchase of Slope), Ore. $15,for Bond Sale—The $150,000 recre¬ check $667,/-payable r,to/the; $5,600, payable to the District, is 000 3% appraisal Bond Sale—The $21,000 school > bonds. Dated ational facilities bonds offered City, is required. required. '■'/;>/ Sept. 15, 1949/ Denomination $1,- bonds offered Oct. 14—v. 170//p./ ' Oct./ 25—v. 170, p. 1646—were East Liverpool, Ohio V 000.. Due on Dec. 15, as follows: 1446—were awarded to the First S out hold, • Cutchogue awarded to the Interstate Securi¬ Com.-: Bond Sale—The $93,650 bonds $3,000 in 1P51; $2,000 in 1952; $3,- National Bank,, of Portland, as / Sch. Dist. No. 12 (P. O. ties Corp.,; of Charlotte, on a bid offered on Oct. 27—v. 170, p. 1446 000 in 1953; $2,000 in 1954; $3,000 2V4S, at a price of 100.52, a basis i reflecting a net interest cost of —were Cutchogue), N. Y. awarded to McDonald & in 1955, and $2;000 in 1956. Prin¬ of about 2.15%, to maturity. Dated * Bond Sale The $5,500 school about 2.05%; as follows; Co., of Cleveland, as iy2s, at a cipal and interest (J-D) Due on «Oct. * 14'f payable Oct. 14, 1949. Due on May 1 from 1949 bonds offered Oct, 19—v. 170, $60,000 as 6s. price of 100.207, a basis of about at the County Treasurer's office. from 1950 to 1959 inclusive. The/-* 1951 to 1954 inclusive. p. 1543—were awarded to Geo/B. 1.438%. Sale consisted of: Bidders to name the rate of in¬ second highest bidder was Chas.;Due on May 1 Gibbons & Co., Inc., at 1.70s, at a .29,000 as l%s. N. Tripp Co. for $10,500 as 21As*>-> $63,750 special assessment street terest, expressed in a multiple of from 1955 to 1961 inclusive. price of 100.05, a basis of about improvement bonds. Due on V4 of 1%. „The approving opinion and $10,500 as .2y4S, at*a price oft 105,000 as- 2s. Due on May 1 1.68%. Dated Nov. 1, 1949. Due on " Oct. 1 from 1951 to 1960, in¬ of Peck, Shaffer & Williams, of 100.17. from 1962 to 1972 inclusive. May 1 from 1951 to 1955 inclusive. clusive. • Cincinnati, will be furnished to f Dated Nov. 1, 1949.- > \ Netarts The second highest bidder was Water*District,^Ore* A 26,300 city's portion street im¬ the purchaser without cost. Mattituck National Bank & Trust Bond Offering — The BoardnOf Stokes County (P., O. Danbury), certified check for provement' 1%, of the Commissioners will receive sealed • > bonds. Due v on Co., Mattituck, for 2s, at a price of1 North Carolina Oct., 1 from 1951 to 1960 in¬ bonds, payable to the Board of bids, until 7:30 par. p.m. (PST)? onv> ."/ /,./'/ ■// Bond Offering —W. E. 'EasterCounty clusive. Commissioners, is re¬ Nov. 9 for the purchase of $10>f/ ling, Secretary of the Local Gov¬ quired. * • Stratford, Oppenheim, Ephratah All of; the 000 not bonds to exceed' 5% *, intereslst are dated ernment Commission, will receive and Salisbury Central Sch. Dist. Oct. 1, 1949. Warren, Ohio general obligation bonds. De*.* * sealed bids at his office in Raleigh, No. 1 (P. O. Stratford), N. Y. nomination $1,000. until 11 a.m., (EST) on Nov. 1 for Bond. Sale Details—The Garfield Heights $63,City Bond Offering—Leo Helterline, the purchase of $47,000 not to ex¬ 577.20 street and sewer and $103,.Praitie City, Ore. / Sch. Dist., Ohio District Clerk, will receive sealed 000 street bonds purchased by the ceed 6% interest school Bond Offering—George L San* Bond Sale—The building $150,000 school bids until 2.30 p.m. (EST) on Nov. Ohio Co., of Columbus, as previ¬ coupon bonds. Dated Oct. 1, 1949. bonds .offered Oct. 27 derson, Town Recorder? will, xe* v. 170, 1 for the purchase of $65,000 not Denom. $1,000. ously noted in v. 170, p. 1647, were ceive -sealed bids until 5 p.mur: Due on April 1, p. 1543—were awarded to Braun, to exceed 5% interest school 1949 as sold as 2^s, at a price of 100.66, follows:- $2,000 from 1952 to Bosworth & Co., Inc., of (EST) on Oct. 31; for the pur<*/; Toledo, coupon or registered bonds. Dated chase of $5,000 not to exceed 1962-inclusive, and $5,000 from as 2V2s, at a price of 100.79, a a basis of about 2.30%. 4%>j Sept. 1, 1949. Denomination $1,000. 1963 to 1967 inclusive. Principal basis of Additional Sale about ;2.398%. Details—The interest town bonds. Dated March / Dated Due on Sept. 1, as follows: $3,000 and interest : (A-0) payable in Oct. 1, ,1949 and due on Dec. 1 $13,019.65 street bonds purchased 1, 1949. Denomination $L00Q- Due ; from 1950 to 1964 inclusive, and New York City. Bidders to name from 1951 to 1965 inclusive. Sec¬ by the First Cleveland Corp.,. of $1,000 on March'd from 1960. to> . $4,000 from 1965 to 1969 inclusive. the rate of 1964 inclusive. interest, expressed in ond high bid of 100.62 Principal and im-// for,2Ws Cleveland, as previously noted in Principal and interest (M-S) pay¬ a multiple of *4 of 1%. The ap¬ was made by Weil, Roth & Irving v. 170, p. 1647, were sold as 1V2S, terest (M-S) payable at the City;,/ able at the First National Bank, proving opinion of Reed, Hoyt & Co., of Cincinnati. -. at a price of 100.38, a basis of Treasurer's office/; The approv-* of Dolgeville. Bidders to name the / ; • * * " Washburn, of New York City, will about 1.40%. /•»•/.; /// .; ing opinion of Howell & Wilson>/ ; rate of interest, expressed in a be furnished to the purchaser. A , Independence, Ohio * - ;' of John Day, will be furnished tot / multiple of.% or 1/10 of 1%. The certified check for $940, payable / Bond Sale—The the purchaser. % OKLAHOMA $20,000 water A certified check. approving opinion of Vandewater, to the State Treasurer, is required. bonds offered) Oct. 25 v. for 2% of the bonds is required*/, 170, Sykes, Heckler & Galloway, of Beggs, Okla. p. 1446—were awarded to Otis & NORTH DAKOTA w' New York City, will be furnished Bond Sale—The $20,000 bonds Toledo, Ore.' Co., of Cleveland; as iy>s, at a to the purchaser without cost. A * Drake, N. Dak. ' price of 100.26. a basis of about offered Sept. 19—v. 170, p. 1134— ,/ Bonds Not Sold—The certified check for, $1,300, payable $100,000/; Bond Sale Details—The were awarded to the First Securi¬ $14,000 1.43%. Dated Dec. .1, ; 1949.-,. Due general obligation bonds offered, / to the District, is required. water revenue bonds ties Co., of Kansas, of Wichita, purchased on Dec. 1 from 1951 to 1955 Sept. 19—v. 170, p. 1031-—were inclu¬ by the First- National Bank of sive. The second highest bidder and Calvert & Canfield, of Okla¬ not .sold as all bids received were Vestal (P. O. Vestal), N. Y. homa City, jointly, as follows: 7 Drake, as previously noted in v. was Fahey, Clark & rejected. /■•. / Co., for 2s, at Bond Sale The $11,000 water 170, p. 1446, were sold as ■■t' 3s, at a a price of 100.33. / $12,500 water/ works improveUmatilla, County, Hermiston 1949 Series A bonds offered Oct. price of par. ment and extension bonds, at Lucas County (P. O. > School District. (P.O. Toledo), 21. were awarded to the Endicott at a price elusive. ' ' • - ! — ;• . • ' . ' , . . , . ' , , . — r „ ' , , . . . — , , . . - . . . , . — . ■" OHIO I Trust Co.,. of Endicott, as 1.40s, at price of 100.13, Cleveland, Ohio Bond Offering — F. R. Hanra1.38%. The second highest bidder han, Director of Finance, will re¬ ceive sealed bids until noon (EST) was City National Bank, Binghamon Nov. 14 for the purchase of $7,ton, for 2s, at a price of 100.90. 1 000,000 water works extension a a basis of about of 100.02, » Bond about.3.59%, r Sale—The ington Twp., bonds Ohio / offered 1446—were $42 350 Wash¬ Road Imp. No, 591 Oct. 21—v. awarded to 170; p. the First Cleveland Corp., of Cleveland, as 1V4S, at a price of 100.08, a basis 000 as 4s. due as 1952 to 3V4s 1955 $4 500 fronri as 1954 due to as 1959 on inclusive; $5,000 on . basis of Hermiston), Ore. Bond Oct. 1 from Oct. from 1 inclusive, 3V4S,-due 1960 a follows: $3,- on and Oct. 1 |o 1964 inclusive. will for be the Offering;— received V: purchase grade school These bonds a Sealed until bids of + $259,000 construction .bonds., were; authorized at recent election. / ^ Nov.: 9 , , 5• Volume 170 Number 4851 ■ THE' COMMERCIAL FINANCIAL & CHRONICLE (1747)' Tl" PENNSYLVANIA second & ' Allegheny County (P. O. Pittsburgh), Pa. Bond Sale ten offered & Ingen & Co., Bacon; Stevenson & Co.,- First of Michigan Corpora¬ Eldredge & Co., Laurence M; Marks & Co., Geo. B. Gibbons & Co., Chas. E. Weigold Inc., & Co., all of New York, Dolphin & Co., of Philadelphia, Thomas & Co., R. C. Schmertz & Co., both of • PittsburghMcDonald-Moore & Co., of Detroit, Newburger, Loeb & Co., of New York, and Cunningham & Co., of Pittsburgh, as 2s, at a price of S. ,K. 100.68, basis a about of 1.95%, ■/ follows: as 4 bonds...v.. 600,000 airport, Series 11 bonds. 750,000 people's road, Series 55- V;:. ■''.; E bonds. : ./// // -///////: 3,350,000 people's bridge, V bonds/1 33-E ' v ; Offering A. Chaplin, Borough Secretary, will bids sealed receive $1,850,000 terest Dec. until Oct. 31 for the purchase of $9,500 general obligation coupon bonds. A cer¬ tified check for $190 is required. Sale—The Bond / . works 2s of Harrisburg Trust Harrisburg,; the; only Dated water Oct. : 26— 1647-^-were awarded p. the to 1, Nov. Nov. 1, sive. 1949 as Co., bidder. and due on Bonds from 1950 to inclu¬ 1976 maturing on or after Nov. 1, 1966 are callable begin¬ ning Nov. 1, 1959. f Sale—The to not purchase the 4% exceed bonds. of rate pressed in in¬ Dated interest, ex¬ Interest J-J. A certified check for 2% Radnor Directors, will receive sealed bids until 5 p.m. (EST) on Nov. 8 for the purchase of $265,000 not to bonds. 1, 1949: De¬ $1,000. Due on Dee. follows: $10,000. from 1950 1959 inclusive, and $11,000 as from 1960 to terest J-D/ ion inclusive. 1974 In¬ The approving opin¬ of 52,000 Hooversville, / Bond Sale — of District/ the check for $5,300, the District Treasurer, Robinson payable to is required. Twp. Sch. Dist. (P. O. Moon Run), Pa. Frank Butya, — Secretary of the Board of School will receive sealed bids until 8 p.m, (EST) on Nov. 4 for the purchase of $225,000 con¬ struction coupon bonds.-Dated Nov. 1^ 1949. 000. Due Denomination $1,Nov; oh 1, as follows: $7,000 from 1950 to 1964 inclusive, The $25,000 bor- ©Ugh; bonds offered Oct. 24 — 170, p. 1647—were awarded Mary Orban, of Hooversville, 21/zs. was The second Hooversville highest name the rate of interest, expressed in a mul¬ tiple of y4 of 1%., Principal and interest payable at the Carnegie Carnegie. The ap¬ opinion of Burgwin, National Bank, proving Churchill, Ruffin & Hazlett, of Pittsburgh,, will be furnished to the purchaser without"** cost. A certified check for $4,500, payable to the j Bond Offering—Wm. B. - Borough sealed Solicitor, bids at to as bidder O f f e Bond r receive his office, 110 E. King St., Lancaster, until 1 p.m. (EST) on Nov. 7 for the purchase of $20,000 not to exceed 3% in-; terest improvement coupon bonds.1 i n Dated Oct. Dec. 1, 1949. Denomination $1,000. Due on Dec. 1, as follows: $1,000 from 1950 to 1958 inclusive; $7,000 in 1959, and $4,000 in 1960; with option to redeem any or all outstanding bonds maturing in or after 1956; at par on Dec. 1, 1952, interest paying date there¬ any Bidders after. of to name interest, expressed in of of y4 certified 1%. a Interest check for the rate multiple J-D. 2% of A the bonds, payable to the Borough. Muhlenberg Twpf School District (P. O. Lauderdale), Pa. Bond Sale—The $180,000 build¬ ing bonds offered Oct. 20—v. 170, p. 1447—were awarded to Harri¬ & Co., and Dolphin & Co., both of Philadelphia, jointly, as IV2S, at a price of 100.62, a basis of about 1.33%, to call date. The son bonds will whole or subject to call in in part, in inverse nu¬ at the option of the 1, 1953, or on any interest paying date thereafter. Dated Nov. 1, 1949. Due on Nov. 1 from on 1951 Nov. to 1959 inclusive. 1 ap¬ of Charleston. SOUTH ' I ... Loudon), Tenn. Bond Offering—H. L. Brooks, County Court Clerk, will receive sealed bids Nov. on 1949. S. Dak. Bond Offering—C. H. Anderson, City Auditor/will receive sealed bids until Nov. 28 for the purchase of $25,000 not to exceed 3 % interest park pavilion bonds, These Oct. on Dated Dec. 11. Beresford, S. Dak. Bond Offering—Mamie ToOmey, City Auditor, will receive sealed bids until 7.30 p.m. (CST) on Nov. 7 for the purchase of $124,000 not 3x/2% to: exceed electric interest until 23 10 the for (EST) purchase of Due 1, as follows: $40,000 from 1964 to 1966 inclu¬ sive, and $15,000 in 1967. Bidders to name the rate of interest/ex¬ pressed in a multiple of y4 of 1%. The approving opinion of Chap¬ man & Cutler, of Chicago, Will be with¬ the- purchaser to check certified A cost. for $2,000, payable to the County, is required. • 1 • ■ Tenn. Sale—The $250,000 bonds offered on Oct. 26—v. 170, p. 1544 Morristown, Bond the Equitable awarded to —were Securities Corp., in care - of McConnell, Building, Greensburg, Pa., until 2: p.m. (EST) on Nov. 15 for the pur¬ chase of $50,000 township bonds. & National Bank- /. from 1960 1, 1949/ Eureka, S. Dak. $50,000 offered bonds Oct. storm 24—v. 170, p. 1447—were awarded to the Eureka State Bank, at a price of 1, 1949. Dated Nov. par. Jan. from 1 1951 to Due on inclu- 1960 sive. Springfield Twpi Sch. Dist. (P. O. Springfield), Pa. Bond Sale—The $400,000 im¬ Dol¬ phin & Co., all of Philadelphia, jointly, as l%s, at a price of 100.33, a basis of about 1.59%; Dated Nov. 1, 1949. Due on Nov. 1 Co., Dunn* & and 1950 to 1969 inclusive. from ISLAND RHODE Rhode Island Sale Bond Blackstone (State of) The $4,000,000 — Valley Sewer District loan, Series B bonds offered Oct. 26 were awarded to a syndicate composed of the Chase National & Co., A. C. Co., G. H. Walker & Co., Laurance M. Marks &• Co., all of New York, and the Fidel¬ Bank, C. J. Devine Allyn & ity Union Trust Co., of Newark; as iy2s, at a- price of 101.21, a basis of about 1.33%. Dated Nov. 1, 1949. Due on Nov. 1 from 1950 to*. 1964 inclusive. The' second highest bidder was Glore, Forgan & Co., Unions SecuritiesCorp., New York, Coffin & Burr, Lee Higginson Corp., Wood, StrUthers & Co., and Byrne and Phelps, Inc., jointly, for/L%s, at a price of 101.20. / The Indep. Sch. Dist., S. Dak. Sale—The $16,000 build¬ Bond ing and fered on improvement bonds of¬ Oct. to Kalman & Co., of 23/4s, as at price a Minneapolis, 100.37, of $10,000 1950 Aiken CAROLINA Nov. not to 29 an exceed school bonds. issue 5% of on May 1 inclusive. Due 1959 to as Dated Oct. 5, Pass 1949. 1 from Dated Nov. rural 1, 1949. Denomina¬ Indep. Sch. Dist., not to house Due 3% exceed bonds. Dec. on interest school Dated 1, as Dec. 1, 1949. follows: $4,000 in 1950 and 1951; $3,000 from 1952 and to 1955 inclusive; $9,000 in 1956; 1951, $30,000 in $31,000 in $12,000 from 1957 to 1960 inclu¬ 1953, $32,000 in $33,000 in sive; $14,000 from 1961 to 1964 in¬ 1955, $34,000 in $35,000 in clusive, and $15,000 in 1965 and 1957, $36,000 in $37,000 in 1966. Bidders to name the rate of 1959 and I960, $38,000 in 1961, interest, expressed in a multiple $40,000 in 1962, $41,000 in 1963, of y8 of 1%. Interest J-D. A cer-/ $42,000 in 1964, $43,000 in 1965, tified check for $3,260, payable to $44,000 in 1966, $45,000 in 1967, the District, is required. $46,000 in 1968, 'and $48,000 in Chico Indep. Sch. Dist., Texas 1969. Bonds maturing on or after Bonds Sold—An issue of $200,Nov. 1, 1960, shall be subject to 000 3y2% and 4% school hOuse; repurchase in inverse numerical Series 1949 bonds has been sold order at the option of the County to Moss, Moore & Co;, of Dallas. on Nov. 1, 1959, or on any inter¬ Dated Aug. 1, 1949/Legality ap¬ est payment date thereafter at proved by McCall, Parkhurst & par, accrued interest, and addi¬ tional interest as to each bond so Crowe, of Dallas. follows: in 1952, 1954, 1956, 1958, $29,000 1950 fraction between the thereof date year intervening fixed for re¬ Deaf Smith County (P. O. Hereford), Texas Bonds Publicly Offered — The date. Bidders to name the rate of Texas, Johnson, of interest, expressed in a multiple y4 of 1%. Interest (M-N). The Donna Dallas. authorized Oct. on 1. at Le¬ Indep. Sch. Dist., Texas Bonds Sold—An issue of $200,000 school house bonds has been sold to Graham & Co., of San tonio," An/ 33/4s, at a price of par/ Sept. 1, 1949. Legality, aprt; proved by Dumas, Huguenin &? as Dated Boothman, of Dallas. authorized were-" held These bonds the at election, Aug. 20. on Estelline S Indep. Sch. Dist., - Texas Bonds Sold—An issue of $48,000! , v 4% refunding bonds has been sold, to Wm. N. Edwards & Co., of Fort Worth. Dated Aug, 1,< 1948. Legal-' ity approved by Dumas, Huguenin & Boothman, of Dallas. Floresville, Bond , Texas Sale Details—Volz, Cars-/ well & Co., Columbian Securities. Corp. of Texas, both of San An-/ tonio, and the Central Investment ' Co. of Texas of Dallas, were as¬ sociated with Dewar, Robertsoit & Pancoast of San Antonio, in thb purchase ' of $450,000 light and power system first mortgage rev¬ enue bonds, as previously noted! in v. 170, p. 1243, the bonds were sold at a price of par, as follows'' ^ $29,000 3y4s.< as Due on Jan. J from 1951 to" 1953 inclusive: as 3%s. Due on * Jan. 1 //• of Securities San Antonio, is reached on July 1, 1959. Bonds maturing Jan.11, 1978, and 1979,. are callable at the option of the City, on any interest paying date until Jan, 1, 1953, at par and ae-^ interest plus a premium of: crued 3%%, which' time at crued callable of pub¬ Corp. is licly offering an issue of $500,000 bonds, divided as follows: ( at the bonds and par ac¬ interest plus a premium of 3% such premium to be reduced 1/2 of 1% on July 1, of each year thereafter until is reached Denomination $1,000. Due Nov. 1, as Bank, were held approved by Dumas, Huguenin & Boothman, of Dallas. £ become 'Texas $60,000 improvement bonds, purchased by of 1 $1,000. Bond Sale Details—The Co., May on as 3y2s. Due on May 1975 to 1980 inclusive. Columbian & Due 71,000 purchase and the stated maturity Space 3y4s. from 1965 to 1974 inclusive. No. 22 Lahe, 1 from Bond Offering—L. R. $750,000 interest election 421,000 Nedbalekj Bond Offering—Geo. W. Hel¬ Business Manager, will receive ton, County Chairman, will sell sealed bids until 8 p.m. (CST) on at public auction at 10 a.m. (EST) Nov. 7 for the purchase of $163,000 on National bonds from 1954 to 1979 inclusive. on May 1964 inclusvie. Hamblen or County, Gregg Sch. Dist. (P. O. Wdgener), S. C. to Aransas County (P. O. Morristown), Tenn. Denomi-* gality dated Sept. 2%s. Due as 39,000 / TENNESSEE/ 1949. Texas 2y2s. as 1960 tion repurchased of $2.50 for each SOUTH 5,000 a basis of about 2.67%. cantile These the 15, July 1, 1949. Denomina¬ tion $1,000: All of" said bonds Bond Sale Details—The $125,000 .maturing Jan. 1, 1954 to 1977, are. water, sewer and street, Series callable at the1 option of the City 1949 bonds purchased by Moss, on Jan/1, 1953 at par and accrued Moore & Co., of Dallas, as previ¬ interest plus a premium of 3% ously noted in v. 170, p. 543, were such : premium* to' be reduced- V2 sold at a price of 100.05, a basis of 1% on July 1^ of each year of about 3.39%, as follows: thereafter until a call price of par awarded 19—were Oct. $1,000/Principal and in^ (A-O) payable at the Mer¬ Dated from Veblen Dated TEXAS Anson Bond ; Sale—The inclusive. 1970 are //./;://-,/://;,:" ; without cost. A certified check for sewer to All of the bonds er, is required. ' ( Nashville, Fi¬ revenue bonds. Dated Sept. 1, delity Bankers Trust Co., Knox1949. Denomination $1,000. Due ville, and Jack M. Bass & Co., on Sept. 1, as follows: $8,000 from Nashville, at a price of par, a net 1951 to 1964 inclusive, and $12,000 interest cost of about 2.578%, as in 1965. Bonds having stated ma¬ follows: turity dates later than Sept. 1, $50,000 street improvement bonds: 1955, being subject to redemption $45,000 2%s, due on Sept. 1 and prepayment at the option of from 1951 to 1959 inclusive, the City, on said date and any in¬ /' and $5,000 2y2s/due on Sept. terest payment date thereafter, at / 1,1960. .,///. / •■ ' par and accrued interest, in in¬ 200,000 school bonds: $90,000 verse order of serial numbers. 2%s, due on Sept. 1 from Bidders to name the rate of inter¬ 1951 to 1959 inclusive, and est, expressed in a multiple of $110,000 2y2s, due on Sept. 1 1/10 or VZ of 1%. The approving opinion of Dorsey, Colman, Bark¬ Scott & Barber, of Minneapolis, will be furnished to the purchaser hi on 1956. a.m. Nov. on iH 1'" 111 nm 11 382,000 2%% road bonds. Due'; on April 15, as follows: $24,- > 000 in 1957; $25,000 in 1958;1 $26,000 in 1959; $27,000 in 1960; $28,000 in 1961 and" 1962; $29,000 in 1963; $30,000 in 1964; $31,000 in 1965; $32,000 in 1966; $33,000 irt 1967; $34,000 in 1968, and $35,000! in 1969. / terest $135,000 not to exceed 4% interest funding bonds. Dated Nov. 1, T DAKOTA Bell Rapids, W. be merical order, District 1, 1949. Legality Huger' Sinkler, by proved urer, g—Richard bids Gregg Portser, Dated or sealed Mackey, Arnold, will Jan. on O. v. Millersville, Pa. y Due $2,500, payable to the City Treas¬ District/ is required. Bank, provement bonds offered Oct. 25 /////// —v. 170, p. 1544—were awarded to A. Webster Dougherty & Co.; Hooversville, for 3s. 2V4s; as County (P. . $8,000 from 1965 to 1979 in¬ National ' mu¬ ■ as follows: $6,000 in 1951; $21,000 in 1952; $22,000 in 1953 and 1954; $24,000 in; nation Loudon from 1963 to 1968 inclusive: certi¬ 101, Bond Offering / A » $60,000 Jan. 1 from 15, 1949. First Pa. on nished to the purchaser at the ex¬ awarded as Due out receive . 2s. 1955 to 1962 inclusive. 47,000 Stefanci, Township Secretary, will & as tion held fied Tenn. The highest bidder was as 4s. Due on Jan. 1 from J. O. Woods, for 3y4s, at a price of 1951 to 1954 inclusive. 98.30/ furnished pense City, — $21,000 bonds were authorized at the elec* ough bonds offered Oct. 25—were Walter, Woody Heimerdinger/ of Cincinnati, 3%s, at a price of 100.84. Sale Saul, Ewing, Remick & Saul, of Philadelphia, will be fur¬ bor¬ to Bond were — 1 road bonds'. Due April 15, of Trustee, is required. Lenoir 18 $118,000 2y>% the bonds, payable to the County' $120,000 school Oct. check for 2% nicipal memorial building bonds Varnedoe, Chisholm offered Oct. 24—v. 170, p. 1544— 6 Co;, of Savannah, and F. W; were awarded to C. H. Little & Craigie & Co., of* Richmond, Co., of Jackson, as 3y4s, at a price jointly, at a price of 100.05, a basis of 98.32, a basis of about 3.48%. of about 2.13%, as follows: The second Dec. nomination to offered interest school coupon Dated County School District O. Summerville), certified awarded 1 to Secretary of the Board of School exceed 2% a (P. Bond Sale—The bonds . Twp. (P. O. Wayne), Pa. Offering — E. E. Trout, Bond at basis-of about South Carolina of the bonds is required. Sewickley Township, Pa. $50,000 Nos1 18 multiple of % of 1%. a were' sold a approving opinion'of Chapman & Cutler, of Chicago; will b& : furnished to the purchaser' without cost. A Dorchester of 1956 to 1965 inclusive. Bidders to name Dunmore, Pa. Bond the clusive. Bidders to $65,000 offered bonds 170, v. Pa. Duncannon, J; Tie- on July 1, as $124,000 from 1951 to inclusive, and $123,000 from 1955 170/ p. 1447, price of 101.16, 2.37%. follows: and '•'•V.•//// for previously noted in as v. will re¬ bids until noon (EST) refunding 1, 1949; Due Directors, Wilfred — of Savannah, Controller, 17 Box Cheswick, Pa. • Nov. on / Dated Oct, 1, 1949. Due on Oct. l.frorri 1950 to' 1979 inclusive. Bond ceive sealed Series /// - price a Offeririg^Frank City mann, 1, $1,050,000 roadji Series 60 bonds. 570,000 bridge; Series 37 bonds. 120,000 lot and block assessment ; plan, Series 4 bonds. " ; 60,000 veterans' cemetery, series _ Janney Philadelphia, Pa. Bond 25—v. Co.,- all of New York, Co., of Philadelphia, Hornblower & Weeks, B. J. Van tion, for " 1%spat' The — Oct. & Stroud Co., was 100.18. $6,500,000 170, p. 1447—were awarded to a syndi¬ cate composed of Halsey, Stuart & Co., Lehman Brothers, Blair & Co., Inc., Union' Securities Corp., Goldman, Sachs & Co., Hallgarbonds highest bidder '••••TTtirr » cipal and National the at a call price of par July 1, 1959. Prin¬ interest (J-J) payable on Bank of Com¬ San Antonio. Legality ap¬ proved by Chapman & Cutler of Chicago. merce, Garland;' Texas „ / Bonds Sold—An issue of $125,r 000 water and sewer system bonds was purchased by the Texas Bank & Trust Co., of Dallas, for $77,000/ as 21/2S, and $48,000 as 3s, at a price of par. Dated Oct. 1, 1949. Legality approved by Dumas, Hu/ guenin & Boothman, of Dallas. /! • Jacksonville, Texas Bonds Sold—An issue of 23/4% water works and provement bonds revenue, $50,000 sewer iiii/ Series has been sold to 2 RaUscher, Pierce & Co., of Dallas. Dated July Legality approved by Dumas, Huguenin & Boothman, of 15, 1949. Dallas. Keller Indept, Sch. Dist., Texas of $100,improvement Bonds Sold—An issue 000 school' house; bonds has been sold to the Union Bank & Trust Co., of Fort Worth. July 1, 1949. Legality ap¬ proved by McCall, Parkhurst & Dated Crowe, of Dallas. havaca Halletsville), Bonds Sold—An issue of $100,- Sold—An issue of $150,- Bonds Stratford), O. (P. Texas sold to 000 2V4% and 2%% road improve¬ Emerson, Roche & Co., and Ditt- ment, Series 1949 bonds has been sold to M. A. Hagberg & Co., of mar & Co., both of San Antonio, Dallas. Dated July 1, 1949. Le¬ jointly, as 23/4s, and 3s. Dated Aug. 15, 1949. Legality approved by gality approved by McCall, Park¬ hurst & Crowe, of Dallas. pumas, Huguenin & Boothman, of has bonds road €00 Pallas. 1544—were awarded to a syndicate composed of the Chemical Bank & Trust Co., purchased by H. L. Amarillo, as pre¬ viously noted in v. 170, p. 1643, bonds awarded Kuhn, Loeb & Co., Hallgarten & 15 as 3y4s. Due on Nov. from 1951 to 1954 inclusive. $16,000 ,, 2.12%. will Clerk, bids until 7:30 p.m. the for 15 receive sealed (CST) on Nov. 3,725,000 as l%s. Due on June 1 bonds as IV2S. Due on June 1 1976 to 1979 inclusive. 1,020,000 Dated Oct. May 1, as fol¬ on All of said bonds are Central State Bank of Marshfield, price of par. Dated Oct. 1, 1949, Due $2,000 on March 1 from 1953 to 1957 inclusive. Principal at 1, 1949. Oct. 24 170, p. 1648 — were awarded to Robert Hawkins & Co., — or at the First State Bank Novice Con. Com. School District Sale—The $250,000 public Bond ' WYOMING Albany County (P. O. ■ Laramie), Wyo. pOppP' V- Albany County Sch. Dist. No. were awarded to the National Bank of Laramie, 1348 p. First Peoples National Bank, Charlottes¬ April 15, 1961 to inclu¬ 1963 sive. school 3% Due Bond bonds. house clusive; 19 7 3 a price Dated Oct. 15, 2.44i%, 1949. Denomina- tino $1,000. All of said bonds ma¬ sewer bonds revenue previously noted in as p. 1648, were sold at 99.40, as follows: 170, of v. price a — are No. 226 Rochester, Tex. $65,000 sewer, Series 1949 bonds purchased by the First of Texas Corp., of San Antonio, as 4%s, as previously noted in v. .170, p. 1448, were sold at a price of par, and mature July 1. as fol¬ lows: $1,000 in 1951 and 1952; $2,000 from 1953 to 1959 inclusive; $3,000 from 1960 to 1966 inclusive, and (P. O. Chehalis), Washington Bond Offering — Harold Quick, County Treasurer, will receive ' Sale Details—The works and $4,000 from 1S67 to 1973 in¬ sealed bids until 10 Nov. a.m. (PST) on for the purchase of $30,- 12 000 not to exceed 4% provement Dec. interest im¬ bonds. Dated Principal and inter¬ coupon 1, 1949. est payable at the office of the County Treasurer. A certified check for 5% of the bid is re¬ Bonds €00 Okanogan County School District No. Ill (P. O. Okanogan), Washington Sold—An issue of $150,and water bonds has Moore & bonds been Co., held sold on to Moss, These Dallas. of authorized were election revenue sewer March at , Bond Sale struction awarded 23/4S, at THE BUCKEYE PIPE LINE to price of con¬ the State, as 1949. declared a dividend of Twenty (?0c > share on the outstanding capital stock, pavable December IS. 1949 to sharphold',r" per 1949eCOrd at tbe Cl06e 0f busines6 November 18, O. BELL, Secretary. Mc- Due on Sept. 1 1963 inclusive. 3y4s. as to 1960 $20,000; from 1951 to 1957 inclusive, and $19,000 from. 1958 to 1962 inclusive. Bonds maturing from 1957 tional for to 1962, are to be op¬ on Jan. 1, interest paying date thereafter. Principal and interest or redemption any the County Treasurer's office. The approving opinion of Pershing, Bosworth, Dick & Dawson, of Denver, will payable (J-J) be furnished to District the at at the purchaser its own offered 1348—were certified check for 5% A bid is by cf the required. as Brownsburg Catholic School Com• ihission, Que. ' ' ; 56,000 , , school award¬ ed to the Rene T. Leclerc, Inc., of Montreal, at a price of 98.54, a as Dated 7. . ;on Nov. 1 1959 inclusive. to 1960 from p Sale —The $33,000 Bond • Due 3s. 1950 from of about ; . inclusive. 1964 to 1 Nov. 56,000 as 3y4s. r Due on 3V2s. Due on Nov. 1 1965 to 1969 inclusive.. Nov. on 1, 1949. p p V bonds offered Oct. 11 were Que. $180,000 school Oct. 19 — were Commission, . Bond Sale—The basis of about 3.54%, as follows: $24,500 as 3s. Due on July 2 from v; ; 1950 to 1959 inclusive. ; ■ 8,500 as 3y2s. Due on July 1 from p 1960 to 1964 inclusive. Dated July 2, 1949.'; - Royal Catholic School Mount offered bonds awarded - Wood, Gundy & Co., to and Rene T. Leclerce, of Toronto, of; Montreal, jointly, at a price of 98.78, a basis of about 3.53%, as follows:" Inc., 3.52%, follows: as ' ; Dated • $8,000 as 4,500 as 2y2s. Due on Sept. , • / /7 1 ; 3y4s. Due on Sept. 1 from 77, 1951 to 1959 inclusive. 10,000 3y2s. as Due Dated Sept. Sept. on g 77 1, 1949. Charlesbourg, , works bonds offered awarded of at Toronto, inclusive. 1959 to : ; " as 3y2s.^ Due on July 1 from 1960 to 1964 inclusive. 97,500 July Dated Laflamme, Ltd., of Quebec, at a price of 99.05, a basis of about 3.53%, as follows: ■ $28,500 as 3s. Due on July 1 from 1950 village price, of 99.02, 3.54%, as fol¬ r;Y,c *'•■■...;• 7.7 p a about of lows: vp /v;" 7 • «i Oct. 3 were Wood, Gundy & Co., to basis a bonds offered Oct. 17 were award¬ ed to the J. E. P ,, Que. Sale—The $19,000 Bond 1 inclusive. from 1960 to .1969 ,;Vv;' Aug. 1, 1949. Nicolet, Que. 1, / Bond Sale—The $126,000 water . .. 1949. 1, Point-Viau Sch. Commission, Sale—The $175,000 Bond Wash. $440,000 school Oct. 26—v. 170, p. awarded to a syndi¬ composed of Foster & Mar¬ Marieville, Que. Que* school Bond Sale Sch. Dist. No. 8 (P. O. Lagrange), Wyo. Bond Morgan, Kempf & Robert¬ to ed of Montreal, as 3s, at a price son, of 98.27, from 1950 to 1969 inclusive. Chute La awarded 98.39, a awarded were to 1954 inclusive. 1950 of the will receive p.m. (MST) — Wm. Buckley, of Board Nov. 22 until for Dated Dec. 1949. Denomination $1,000 and by the District at its bonds basis 1959 to 3y2s. as from 1960 on inclusive. 1979 to were own expense. authorized jointly, for $282,500 as 2%s; $133,500 as 3V2s, and $62,000 as 3s, at a price 97.78, basis of about 3.58%.. a Que. Lachine, p Sale—The .Bond awarded 17 follows: as from 85,000 446,000 / , from p /. to 3s. Due to as 1959 3y4s. 1960 Dated Nov. to 1956 on 1 inclusive. Nov. 1 from inclusive. Due 1964 1, 1949. 1, 1949. Hyacinthe, Que. Sale—The $108,500 sewer Oct. offered bonds Nov. 1 inclusive. on 7 17 were Canadiene Nationale, and the Dejardins, Couture, Inc., both of Montreal, jointly, at a price of 99.06, a basis of about 3 52%, as follows: 7 awarded to the Banque $33,000 * 75,500 77 3s. as Due on July 1 from 1950 to 1959 inclusive. Due on July 3y2s. as 1 from 1960 to 1964 inclusive. 1949. 777; Windsor, Que. Bond Sale—The $29,000 various awarded bonds offered Oct. 3 were to Wood, Gundy Canadian both • 23/4s. Due on Nov. 1950 as T957 at „ Oct. 1 inclusive. city Weir & Co., both of Toronto, jointly, at a price of 98.77, a basis of about 3.30%, $169,000 on 1964 to St. were and McLeod, Young, as Inc., of 98.70, a follows: as Due 3%s. 1953 Dated Oct. Mills, Spence & Co., to . Due on Oct. 1 from 'Dated July 1, $700,000 Oct. offered bonds p." 1950 to 1952 inclusive. 16,000 as Bond July 2 July 2, 1949. The second Dated of about 3.66%, of $34,000 as 3s. inclusive. Due price of at a Montreal, inclusive. 1953 highest bidder was Greenshields & Co., Ltd.; Bank of Nova Scotia, 2 the ourchase of $35,000 not to exceed These v Trustees, bids sealed on 1954 to .■■ $50,000 school award¬ Sale—The bonds offered Oct. 17 were 3s. Due on July 2 from as and Dudley Dawson Ltd., Sch. Dist. No. 5 (P. O. Cokeville), Wyo* Bond Offering Commission, Que. from 2%s. Due on July 2 as from Lincoln County - were Toronto, r at a price of basis of about 3.55%, as of Ltd., 13 Mills, Spence & Co., to Howard School Adolphe of ed to the Rene T. Leclerc, $478,000 school Oct. offered bonds 164,500 —r. Que. mission, \ $282,500 Sale—The Aug. 1, 1949. Dated St. p; Com- Sch. Protestant Bond Sale—The the State of Wyoming, as 2s, at a price of par. This was the only bid for the bonds, dated Aug. 1, 1949 and due on Aug. 1 from 1950 1348 41,500 as 3y2s. Due on Aug. 1 from 1960 to 1964 inclusive. 7 Bond 31,000 p. basis of about 3.17%. 1949. Due on Nov. 1 a Dated Nov. 1, $60,000 build¬ ing bonds offered Oct. 25—v. 170, - The $55,000 town — bonds offered Oct. 12 were award¬ as 3s. Due on Aug. I from 1950 to 1959 inclusive. $133,500 follows: Goshen County shall,. Pacific National Bank, both the election held on Sept. 28, 1948. Seattle, First National Bank, A certified check for 5% of the and Atkinson-Jones & Co., both of bid is required. of ; . Toronto, of basis 99.04, a follows: of $134,000 as Sept. 1, 1949. expense. payable at the County Treasurer's office. The approving opinion of Pershing, Bosworth, Dick & Daw¬ son, of Denver, will be furnished cate Due on Sept. 1, 3y2s. as price 3.40%, from $1,000. Due Jan. 1, as fol¬ $500. Principal and interest (J-D) bonds 157,500 both Co., & of Board Everett , Octobebr 27, the of 2%% building bonds. par. County, Everett), day C. The $19,500 Bond Sale—The York, Farnham — School District No. 2 (P. O. .Th* Board of Director®, cf this Comoanv ha« This "Cents a Snohomish Broad New 1950 to from lows: 1, COMPANY 30 — Oct. DIVIDEND NOTICE Clerk Denom. Clerk and addition bonds of¬ 24—v.; 170, p. 1648— , fered were the 12. Offering Arthur, to quired. clusive. Seminole, Tex. Bond 1956, optional $85,000 as 2s. Due on Oct. 1 from 1951 to 1959 inclusive. on April 15, 1969, or any interest date thereafter, at par and accrued 108,000 as 2i/4s. Due on Oct. 1 from 1960 to 1965 inclusive. Interest. Principal and interest 257,000 as 2V2s. Due on Oct. 1 (A-O) payable at the American National Bank, Austin. Legality ; from 1966 to 1973 inclusive. approved by McCall, Parkhurst & Lewis County, Adna Sch. Dist. \ Crowe, of Austin. turing in 1970 to 1979 Bond 28,000 on Sept. 1 1959 inclusive. Due 3s; as from Gundy Nesbitt, Thomson & Co., Rene T. Leclerc, Inc., and Savard, Hodg¬ son & Co., all of Montreal, at a Trustees, will receive sealed bids purchased by the Pacific North¬ $5,000 from 1968 to west Co., of Seattle, on a bid re¬ inclusive, and $6,000 flecting a net interest cost of about from 1974 to 1979 inclusive. water $69,500 Dominion Securities Corp., of about 98.57, a basis follows: syndicate composed of the Wood, ed to a , and water April 15, as follows: $3,000 from 1964 to 1967 in¬ on Bond offered Oct., 19 were $5,000 as 3s. Due on Nov. 1 from bonds //■:. 1950 to 1959 inclusive. 777 awarded to the Belanger, Inc., and 14,000 as 3%s. Due on Nov,:i Morgan, Kempf & Robertson, both until 8 p.m. (MST) on Oct. 31 for WASHINGTON from 1960 to 1964 inclusive. of Montreal, jointly, at a price of the purchase of $235,000 not to Dated Nov. 1, 1949. Bremerton, Wash. > 98.58; a basis of about 3.42%, as exceed 3 y2% interest: building Sale Details—The $450,000 follows;. 7 .■ 777 7'7 J 77-.;':. coupon bonds. Dated July 1, 1949. school house bonds. ville, jointly, for 1.95s, at as follows: of 100.26. $3,000 in 1957 to 1960, and $3,- 24,000 2%% 82,000 as Royal, Que. Sale—The $255,000 town bonds offered Oct. 17 were award¬ Montreal, at 99.26, a basis of about 1 k from of 1, 1949. Sept. Mount * No. 58, Texas improvement bonds offered Oct.; as 1.15s, at a price of 100.06, a Publicly Offered — The 20—v, 170, p. 1348—were awarded basis of about 1.126%. Dated Aug. Columbian Securities Corp. of to Strader, Taylor & Co., of 1, 1949 and due on Aug. 1 from Texas, of San Antonio, is publicly Lynchburg, and Scott & String- 1950 to 1954 inclusive. Second high offering an issue of $125,000 bonds, fellow,-of Richmond, jointly, as bid of 100.048 for 1.15s* was made divided as follows: ;:7777 1.90s, at a price of 100.27, a basis by the First National Bank & $14,000 2Vi% school house bonds. of about 1.87%. Dated Nov. 1, 1949. Trust Co., Salt Lake City. Due April 15, as follows: $2,- Due on Nov. 1 from 1951 to 1970 000 in 1950 and 1951, and $3,- inclusive. The second highest bid¬ Big Horn County Sch. Dist. No. 3 (P. O. Lovell), Wyo. 000 from 1952 to 1956 inclu¬ der was C. F. Cassell & Co., and 000 Dated & Co., and the Banque Provincial du Canada, both of Montreal, jointly, at a 3.55%, 3V2S. Paying Agent—Guaranty Trust Cap-Rouge Sch* Commission, Que. $101,500 as 3s.. Due on Aug. 1 from 1950 to 1959 inclusive. Company of New York has been Bond Sale —The $22,500 school] appointed paying agent for $350,- bonds offered Oct. 5 were award¬ 78,500 as. 3y2s./. Due on Aug. 1 000 hospital bonds. /Br:;;;7;7"j from 1960 to 1969 inclusive. ed to L. G. Beaubien & Co., of 7 Bonds sive. ; Grenier, Ruel to on Sept. 1 1959 inclusive. » Due to Due on Sept. 1 from 1960 to 1964 inclusive. bonds offered Oct. 12 were award¬ ed 1950 as various,' town $255,000 ing bonds offered Oct. 26—v. 170, M1950. VartIf -J' Suffolk, of Prairie 7'777p p;7\'7 ; 7y;7;V77i7' Farm. . payable (annually) (P. O. Laramie), Wyo. Bond Sale—The $125,000 build¬ ^ VIRGINIA f interest v. interest any on a and optional on Hill & Co. payment date thereafter. on The 3y4s. as from Que. 1964. $10,000 $24 000 '77 /'7/7. ;:7' , of 3.60%, as follows: price Jan. 20, on QUEBEC Dated Prairie Farm, Wis. motor patrol and snow plow was sold on Oct. 26 to the 3% inclusive. 1975 1958 to from improvement mortgage revenue Bond Sale—An issue of SO,000 fire station and jail im¬ of Boston, as l3/4s, at a price of provement bonds. Due on May 100.17, a basis of about 1.724%. 1, as follows: $1,000 from 1950 Dated Nov, 1, 1949 and due on to 1956 inclusive; $2,000 from Aug. 1, from 1950 to 1963 inclu¬ Second high bid of 100.139 1957 to 1967 inclusive, and sive. $3,000 from 1968 to 1974 incl. for 1.90s was made by Kenneth B. Due Due r Dated interest. Beauport, bonds. 1957. Toronto, at a price of 98.47, at a . ,16,000 $50,000 of purchase sewage system June; l, on . $6,000 from 1971 to 1973 in¬ clusive, and $7,000 in 1974.;, 1959, J;; price Kiel, Wis. Offering—H. C. Duecker Bond from 1950 to 1955 U'Sj:'' VERMONT inclusive; $3,000 from 1956 to 1959 Bradford, Vt. inclusive; $4,000 from Bond Sale—The $40,000 water 1960 to 1963 inclusive; $5,000 from 1964 to 1970 inclusive; works improvement bonds offered May 1, - treasury 1949, 21, on WISCONSIN City bills has Sold—An 0.51 at 1950. Due Blyth & Co., Seattle-First Nation¬ al Bank, Seattle, and First Nation¬ al Bank, Everett, jointly, for $253,000 as 2s, and $187,0Q0 as 2y4s, at a price of 100.36, a basis of about lows: $2,000 - sold Oct. 1969 inclusive. 1949. $75,000,000 been Sept. 1 from 1950 to 1969 inclusive. second highest bidder was 1956. from < of Oct. 1 Due on 1, Sept. issue Ottawa) (P. O. Bills The 170,000 as iy4s. Due on June 1, mature as follows: street l%s. Due $85,000 as Barcus, Kind¬ red & Co., of Chicago, as previ¬ ously noted in v. 170, p. 1448, were sold as 4V2s, at a price of par, and Due Canada Treasury , bonds purchased by bonds. Dated Austin, and Dittmar & Co., of San Antonio, at a price of par, a basis of about 1.66%, as follows: McCamey, Texas Bond Sale Details—The $150,000 $100,000 2J/4s. as from 1962 to of 1949. Denomina¬ Dated Nov. 15, tion $1,000. 211,000 Kindred & Co., both of Chicago, Emerson, Roche & Co., inclusive. 1955 to 1964 from 1 2s. Due on Oct. 1 from as Barcus, 15 3V2s. Due on Nov. 79,000 as p. Co., Barr Brothers & Co., all of New York, F. S. Yantis & Co., follows: as 170, —v. Oct. Due on 1959 to 1961 inclusive. •: *' 26 erans' land bonds offered Oct. Shaffer & Co., of were 69,000 (State of) Texas 1S/4S. as follows: as from 1951 to 1958 inclusive, Sale—The $5,000,000 vet¬ Bond Lipscomb County (P. O. Lipscomb), Texas Bond Sale Details—The $95,000 road $160,000 been Montmorency School Commission Quebec Bond Sale—The $40,000 school bonds offered Sept. 13 were awarded to Gairdner & Co., of of 100.18, a Portland, at a price basis of about 2.11%, Road Dist. No. 1 Tex. Sherman County Dist. No. 8 Road County O. (P. Monday, October 31, 1949 FINANCIAL CHRONICLE & COMMERCIAL THE (1748) 56 of Bank, Toronto, & Co., and the of Commerce, at a price of follows: basis of about 3.34%, as 7 " $15,000 as 98.54, a 14,000 as .from Dated 3s. 1950 from - on Aug. 15 1959 inclusive. Due to 3Ws. Due on I960- to Aug, 15, 1969 1949. Aug. 15 inclusive.