Pittsburgh Post-Gazette from Pittsburgh, Pennsylvania • Page 23

Hi PITTSBURGH POST-GAZETTE WEDNESDAY, NOVEMBER 30, 1949- 23- Complete New York Stock Market Transactions U. S. Treasury Stock Average Off Slightly WASHINGTON. Nor. 29 CT Tka Posi NEW YORK.

Nov. 29 UP) Following Is smmmmnmswsn Sales (Hds.) High Low Last Chg. tion of the treasury November 25: Net budget receipts. 84. 728.385.

74 -M- the comnlele taouiatiori of today stock trans action on the New York Stock Exchange: Budget ipendituet 99.752. 467.00) MMWoodWk.60. 3 12 11 11 MacAndForb2g 1 36 36 36 Mack Trucks 15 10 10 10 Stock Market Statistics at a Glance Sales Has. High i-ast eng. Abbot Lab 1.60a 9 464 46 40 Macy Kti 4 a 31 ii's ACF-Brill In Dull Day ADVANCES AND DECLINES Acme stl h.

.4,643,257,548.67 30.728,252.23 13,280,543,637.0 16.348,024.469 97 do pf 4... 1 9 99 MagmaCopperP. 4 14 14 R. 9 81. Cask Cutom receipts for month Budrrt receipts fiscal year July 1.....

Badges expenditures fiscal year. Budget deficit 4 2Vs 3 20 20 20 3 21 21 31V4 6 43 42 42 1 2834 28 28 Total New New Issues Advances Declines higns lows Rusiness Today Huge Gain in Pittsburgh Industry Shown in Detail Payrolls, Investment and Value of Product All Reach New Highs During Past Year By ARTHUR R. FRIEDMAN Post-Gazette Financial Editor A 10-year report of industrial progress in the 'Pitts Addressoz-Mult 3 Masnavox 82 Manatl Sugar. 80g 5 Mirnavnt 82 NEW YORK. Nov.

29 Admiral Corp. 60s NOV. 4V iUBU 340 480 43 11 B94 14V4 9 7 23 8 18 6 6 8 7 23 23 Maracalbo O.20g 9 1 14', 14 14 do wl Nov. 28 1030 330 440 46 11 Stock traders stepped warily in 3.097,480,832.95 Marathon 1.40 1 AEil Gas Ea 46 9V Approximate. 8 8 Marine Mid .40 26 do PI ww 3.

2 4BV NEW YORK Stocks: Irregular: price changes narrow. Bonds: Mixed; Governments decline. Cotton: irregular; spot house buying, hedging. CHICAGO Wheat: Firm to mill buying and short covering. Corn: Mixed; advanced toward the close.

Oats: Firm; light oSenngs. Hogs: Fairly active and steady to 25c lower: too. SI 6. 10. today's market and prices scarcely 46 48 1 21 214, Mirk St Rprpfq440 18 18 Air Reduction 1 25 21 TUI debt 256,324, l.2.276.7 lnrrease oyer day 29,044.783.

5 Gold assets 24,929,214,340.41 314 3i 3 stirred. 21 Marshall Field 3 7 21 21' MARKET AVERAGES Compiled by the Associated Press STOCKS Alaska 4 Alliens Inc 1. 4 17 i7v 17 do pf 4 102 102 102 The market tripped at the out 68 68 68 dO DI 4'i. 1 Martin 19 9 sv Alleghany 118 3 2 i a 65 6t 2 set when fractional losses were 12 14 Martin-Parry la 2 12 12 Master Elec 1.. 7 14 13 pi 4 9 20 20'k Alez Uld Stl 2 42 42 TMatniesonca'iiE 12 434 posted for a wide variety of lead Cattle: Unevenly SOc lower to 25c higher.

May St 3oi2950 47 4 6 47 9 7 7 7 8 203 200 300 Drop Is Noted 30 15 15 60 Indust Rails Util Stocks .3 .1 unch .1 96.3 35.6 42.3 67.8 96.6 35.5 42.3 07.9 97.3 36.3 42.6 68.6 96.8 35.8 42.4 68.1 85.8 37.9 38.6 62.6 97.6 39.5 43.8 68.7 81.4 29.8 38.2 58.0 ing issues. Supply and demand Alien Inui-t Al 6a AllllU ivlu 1 Allied Mills 2a. ao pi 3 97 97 74 do rf new3020 96v 96 98 Net change Nov. 23 Prev. day Week ago Month ago Year ago 1949 high 1949 low VOLUME DF TRADING 4 li'i 4 294 29 29 7 33V.

32 32- burgh district is highlighted by the marked rise which took do3.40pI3.40qlO 85 85 85 In Store Sales Allied Strs 3 10 Sales, Tuesday. Nov. 29 fin shares) previous day. 1.080.000: week ago. 1,395,480: year ago, 1.200.840; two reached a quick balance, how-j ever, and further declines were blocked.

u. IS 111,. 303.. 31 May lag Co la. 3 i0' McCall Corp 2-.

9 20 20 20 place here in 1948 when payrolls, capital investment, value McCrory Strs 2a 4 54 34 34 yean ago, B94.00U: January i to date WASHINGTON, Nov. 29 C5 McGraw Elec 3a 9 41 41 41 BONDS 231.584.534: year ago, two of industrial products and the number of industrial es Mclnt Por 3.01a 6 58 58 58 There was no serious attempt 10 10 The government reported today 10 Util 39 do 3... 3 811,4 81 fl Alpaa Cein2g 2 34 34 34 Amal Leather.lOg 18 4. 4 4 Amerada Pet 3a 4 108 108 108 1 Am A Ch Del 3a 1 43 43 43- Am Ill 94 9 9 Vt A do pf 3... 8 65 64 64 3 AmiJar.kNotel.60a 11 23 23 23 20 10 Rails Indust .1 .1 years ago, 227,710.562.

Bonds, $3,930,000. Curb, 340,000 Shares. gn L. y'ld tablishments hit new highs 1 .1 unch 14 V4 33 1 at a comeback and final prices showed losses in a majority. TMCKS4-R 2.40a 1 39 39 Mead Corp 1(.

20 14 14 do 2d pf 2- 1 33 32 Melville Sh 1.80 11 34 23 Mengcl Co 15 9 gheny county. However, this 70.0 111.7 69.9 111.7 23 that sales of chain stores, mail order houses and department stores dropped in October. 91.4 102.5 104.7 91.3 102.6 104.8 91.4 102.5 104.9 91.0 102.3 104.2 9Vi Dividend news supplied the Net Nov. 29 Prev. day Week ago Month ago Year ago 194 9 high 1949 low Ara BVch T4 Am Br Shoe IVif 6 32 31 31 Mercant Strs 1.

4 13 13 13 Merck Co 1 16 40 39 40 A new survey of the Allegheny Conference on Community Development gives a picture-at-a-glance of the whole 69.5 111.9 69.8 111.4 62.1 107.8 70.7 112.0 62.9 108.8 do Dl 4.... illll ivu-i; leverage lor comparatively wide swings in several issues. 89.5 101.1 99.6 92.9 102.9 104.9 88.4 101.6 100.8 7 The Commerce Department Am 29 7 00 cv pi 4... 3 170 119 120' a 1.60 8 20 20 30 county had a sharp upturn from 1,960 to 2,100 in 1948. An almost steady increase in businesses has occurred during the past decade in Westmoreland.

Am cabie Kaa xi ar j-r TEN MOST ACTIVE STOCKS Sales Close N. Chg. Southern Co 49.200 12 Gypsum 33,500 102 Unit Corp ..31.900 4 0 xd-Unit Corp 21.900 3 0 lnt Hydro-El A ...18,300 9 i Socony Vacuum .,..15,600 16 Middle Sou Ut ....14.900 18 May Dept Strs ....12.950 47 11.800 3 Ches Ohio 11,600 27 99 ME 4.35pf4.35ql0 109 109 109 Am Cau 9 Occasional flurries of activity 1D.11 1 1. 1 said chain and mail sales were almost six per cent below October DOW-JOVES AVERAGES ao pi j.yu i 103 102V1 103 helped to lift the day's business Open High Low Close Ch'ge Mid-Cont Pet 3 23 40 40 40 Middle SU 1.10.149 18 17 18 last year. The Federal Reserve Am 3g 9 22 22 22 Ar.iCho,Cablel.60a 6 24 23 Am Chicle 2a 5 A'i AmrolriYDe 1.20a 3 18 18H 18 30 Ind 191.65 192.54 190.54 191.62 0.62 20 Ralls 47.66 48.05 47.46 47.87 0.00 to 1,310,000 shares from 1,080,000 Midland Stl 1 4 28 28 28 39.30 39.38 39.12 39.260.06 Minn-H Kegza 10 62 62 62 yesterday, which was the small share Niagara Hudson Power.

65 Stock 67.76 68.10 67.41 67.81 0.15 ao pi 3.2U alio ioov 100 100 ibVH it-. i'J" Wage Payments Triple Board said department store sales for the month were off 11 per minn-ivioun 1 i.m 13 13 est in nearly two months. tAmcyanamicf '2a 26 47 46 47 A tripling of wages and sal I -QO 1 pi OViqilO I 73 75 do 2 pf 1.. 1 19 191 19V, 1 John L. Lewis' plans for his cent from October, 1948.

Minn 3 9 9 9 Sales (Hds.) High Low Last coal miners appeared to cause aries paid by industry 1n the four I counties to 1.3 billions is one trend of Indus-trial activity here during the past decade, the first of its kind to cover three impor I ant eras the pre-war, the wartime and the post-war ntrirfli5. aim RlArM. 2. bug 3 B9 88 88 1'1 Chi NW 23 10 9 10 00 PI 4 1 107 107 107 Sales (Hds.l Lew Last Chg. Gair (Rob) 5 6 6 6 Gamble-Skpf 2 3 35 35 35 Gardner-D 1.40a 1 18 18 18 Garrett Crp la.

15 16 15 15 do pf 5 19 25 24 25 1 traders more concern than any Mission Cor 4f 2 47 47 47V hi i4K-' I of the basic statistics from 1939 Chi Pn Tool 2a. 1 28 28 28 Chi RIAPac 3.. 40 38 37 37 BANGOR AROOSTOOK BONUS Bangor Aroostook will recommend to the ICC an amendment to the road a bond mdlfication plan which would Increase the Interest rate on proposed first mortgage bonds MlS310n DV 10 93i 9'i 9'i Am Distill f'32 -32 32- AmEpropean 4 18 18 1TT js SfS I fr Am 'g 33 thing else. Mo-Kan-Texas. 4 3 3 3 uar wooa ina.

12 4V 4--- do pf 5 1 7 8 78 78 1 through 1948. Wage earners, up do pf 19 18ai 18? 18a The Associated Press average do pf 2 1 24V. from 4 to 4. Chickasha OiU 1 13 13 13 Chllds Co 10 3 3 3 ivio t-ac pi 3', 3Va 3Va tayiora a 104 lB'j 18 i of 60 stocks dipped .1 of one ucn A inv .30 21 19 184 19 1 Mohawk Carp 2a 1 31 31 51 1 on- .11. ...7 37 per cent, received 210 per cent more dollars; salaried workers, EM do pf lp 0130 44 43 44 1 Gen Am Trans 3 5 46 46 46 l.LUJUU 112 1 73 11 1 '6 point to 67.8.

A rise in the rail' Chrysler 5g. 56 61 60 61 1 Oa 22 2Vs AmllomProdl.2 jen saKing.oua lor-s iuri J0 14 14 munarcil i a 1 ZD1, ZD'v 21i'ij Monsanto Chm 2 17 53 53 53 14 Cin 1.40.. 17 31 31 31 do nf 8. 158 An. I fl rt 158 158 19 iii li.

193 1 11 2 'do pf 4 104 104 104 up 71 per cent, were paid 191 per cent more money. ien group was more than offset by a decline in industrials. Utilities! HUH I flMililiTOMB 14 14 14 aioni-iJK ut 4 13'. 13 13 Mont Ward 2a. 29 53 53 53 tef rr.l- Mr.

Fried CIT Flnan 4 34 57 57 57 ien cai Am LocT r40. 23 14 14- jj ronze.8CTk 1 12 12 12 able 14 7 7 7 1 pf 4.q40 71 71 71Vi ec 2a 27 40 39 40 isronze.oua Elec 2a 27 "40 39 40 do iraoore-flicn-iyj 4 12j 12 Vt City Invest .60. 5 8 8 8 Clev El Illm2.20 9 42 42 42 were unchanged on average. Morrell Co lg 771s 1 Gen Gen Foods 2a 2 46 46 4ti3i 77 A 79 'do Pf 44 .020 110 110 110 5 do pf 3 90 6 Chesapeake Ohio common, 1 5 Motor Products 2 Mot Wheel 1.60a Motorola la. Gen Instrum .60 5 7 7 7 Gen Mills 2 53 52 52 1 Clev Gr Br 1.80g 2 27 27 27 31 31'i 3 31 1 17 17 17 1 23 23 23 5 20 20 20 23 3 23 5 14 13 14 5 12 12 12 3 93, 15- 03,.

4- 14 Climax Mol 36 11 lO" 11 Ipction by the State Department of Internal Affairs has permitted inclusion of the 18-13 figures much earlier than is possible nnrmallv. closed lower at a new low for the year. Mueiler Br Clinton Food2.40 7 31 30 30 ucn iviuiors eg. no ts do 5 pf 6... 4126 126 126- Am.doep 105 105 105 s5S.ff? 4 30.30 s8i.

4 Mullins Mfg la The value of products, which hit a wartime peak of $4 billion and fell to less than $3 billion in 1316, skyrocketed to an all-time high of $4.7 billion hi 1948, or roughly three times that of 1939. Clopay Corp 1 3 3 3 Cluett Peabdy 3 5 23 23 23 I do 3 pf 3 3 102 102 102 Gen Port C2g 30 30 30 Munsingwear.60g Directors of Allied Chemical Murphy yf 40-10 HOVi 109i I093ii U. Gen Prec Eq 1 3 13 13 13 do pf 7 140 139 140 3 do 4 pf 4 171 71 71 4urray Cor 1.60 20 15 14 15 ijtn run Brrv-e ja Gen Pub Util 1 56 16 16 16 Myers FE3ros a 1 42 42 42 Cole-Palm-P 2a. 8 42 42 42 The Pittsburgh district, in this instance, covers the four counties voted a special dividend of 54 a share and the stock promptly dropped to a closing loss of 4. TGen Ry Slgnla 1 17 17 17 do pf 3 96 96 96 1 Nash Kelv 1.13 17 16 15 15 Collins Aik 1 15 15 15 lira rteiraci 224 23 Gen Shoe 3..

4 30 30 30 Nash CStL 2gql60 23 28 29 1 Of significance, too, is the value Am sat Kaz 6 7 'J Am Seating la. 4 40 i fiftx i 1151 Nat Acme 2... 2 21 21 21 EtCaspfl2k Q80 114 113 113 1 The board of American Can A type for every ecid proofing purpose. Write us your requirements. TRIAL ORDER, 10 lb.

lot $3.30 29 29 Nat Airlines 20 7 7 7 Nat AutoF 1.60a 26 16 15 16 Nat Battery 3. '3 39 39 39 snuii 2a a Am added by manufacture, that meas ure of processing and diversifica of Allegheny, Denver, wasning-ton and Westmoreland. The Employment Upturn One major item in the survey 23 23 17 17V4 66 66 5 22 22Vi AmSUFdis 2.40. voted an extra disbursement of $1 a share, but the stock dipped U. Nat 1.60i 9 37 37 27 Additional Financial News On Paije 24 8 IjVIl 1C1 4 4 Gen Time 1.60b 2 23 Gen Rub la 3 18 do 8i pf 1 6 C-Pac PlyLp 8 Glllett EaIR2a 12 36 do pf 5..

Gimbel Bros 1. 9 15 Gleaner Harv 2a 6 21 i 29 2'4 3 9 9 9 423V 423,4 0.0 PI 7 .0.30 180 30 8 36 1 179 179 5 5 5 Nat can 7 88 2 128 126 128 1 Am Stores Am Stove AmSugarflel do 7 AmSumatTob 2. 2 20' III lT 35 8 14 21 24 9 Nat Cash Reg 2a 7 Nat City Lines 1 2 Nat Contain 6 Nat Cylhid .80 1 15 22 24 41 147 146 147 7is: 73Vi 73 Pittsburgh Gearings tion obtained by computing the difference between costs of raw materials and finished product. This was $1,200,090,000 in 1946; $1.7 billion in 1947 and $1.9 billion in 1948, a pattern essentially the employment shows the number of jobs substantially higher than in 1939, but down from the Glidden Co 1.60a 14 24 Goebel Brew 11 9 35 35 35 8 8 fii's 6 6 6 10 10 10 37 37 37 15 15 15 22 22 22 Colon Mills 1.. 120 20 20 AmTobacco 3a 9 Nat Prod 2a 20 Col Fuel Ir la 24 15 14 15 Goodall-Sanf 3 15 15 15 16 16 16'.

do pf 1 3 rti nf 6... 10 150 WatWkS 3 7 7 AmVlscose do pf Exchanges 37,800.000 56,800,000 Goodrich 4a 32 70 69 69 do of 5 llOJUlosu in.iu Balances $24,800,000 22,200,000 36,300,000 Nat Strs la. 5 Nat Distil Irs 2. 41 Nat 3 66C3 EYERTTK November 29 Week ago Year ago 12 12 12 Col South 1 1 8 7 8 do 1 pf peak of wartime 1943. That industrial employment Goodyear 4 12 40 40 40 24 Nat Gy-sum la 16 17 17 17 24 12 12 12 25 24 25 11 11 11 uu pi 1 iui 1034- Col Breast A1.40 4 Colum Gas 89 same as value of products.

WTCKOFF STEEL DIVIDEND Goth Hosy 1.45J 2 11 11 11 6 61 lAmWoolen 3 6 do pr Pi 5. -q50 62 AnaondaCop 47 28V4 1 ii.imTO 28 6 62 28 3A 28 12 12- Graham-Paige 15 2 coram net g. 12 3 Wyckoff Steel directors declared a dividend Colum Carbon 2. 1 30 7 7 IX 28 28 of 25 cents, payable December 10 to record 30 30 iGran Min lg 2 20 20 Union lb 1 Nat Lead 7 35 35 35 do pf A 7 1 178 178 178 do pf 6 146 1.45 146 Nat Lin Svc .60 4 7 7 7 NatMalStlCas 2g 1 17 .17 17 Nat 8 Kat Stirs 1 24 24 24 Natl Stl 18 92 91 92-- 28 28 2E OhE11.40 3 20 novemoer 30. The total capital investment in the designated area was $1.8 billion at the end of 1948, com 2b And-Pnch Oil la.

41 26 35 liranuy St 2b 8 ir lo 11 Comb Eng Sup 2 3 25 25 25 Coml Credit 4g. 4 57 57 57 26 26 26 tnao-i Copper g. 3 i4 4 rh.an-M 2.... 1 42 G-ant 1 1 Grayson-Robin 1 1 GtNorlr Ore le 2 do pf 3.60..q40 104 104 104 11 42 26 89 6 63 11 14 14 13 13 13i 38 37 3f-ti curve has resulted in a rise of 41.5 per cent in the number of workers during the 10-year period. Mine employment was down, as the one exception to the rule, and better than average gains were shown in chemicals and miscellaneous, the latter being a desir Nat supply i.eoa 10 15 15 15 Coml Colv 1..

59 18 17 18 Comwlth Ed 1.60 17 29 28 29 2l 32 32 Nat Tea 1 or pi 4 10 Gt Sug 1.20. 3 Armco Stl 2.. is pi 4. 89 Armour 35 7 do pr pf 3p 4 63 ArmstroimCrk 3g 1 18 18 18 I 11 11 11 pared with $1.4 billion in 1939. The number of industrial employes reached 401,957 last year, compared with 401,655 in 1947 Condc Nast 1 28 10 10 tConeol-NairnliAa 6 28, 28 28 d(r Sf ql "6 136 136 9 9 J', 91 49 Green 2a.

10 40 Natomas Co 1 1 Nchl Corp .70. 6 Newberry 3 3 Ece ES .80 44 42 26 89 6 63 49 99 14 8 14 106 48 39 39 37 37 37 Consol Cigar 2.. 1 30 30 30 OLUHBIA CHEMICALS GreenlTA-D 1.20 2 12 Tdo pf 3. -Qu 12 12 3 3 18 Cons Copd iUfi lUti Greyhound 1 ArnoIdConst a. 1 14 j4 89 10 10 10 do rt 897 1-128 1-12 Cons Edis 1.60.

30 26 26 26 ArtloomCarpet 1. 1 Aire En 3g 6 18 and 284,148 in 1939. The 194S di-i 17 17 Newmrnt 2b 1 59 59 59 99 14 8 14 106 1 1 93 3 AsJdDryGd 1.60. 2 14 b34 57, ouantan Sue lg. 3 5 Gulf MobAO 13 12' do pf 5 1 108 108 1081,2 Cons Grocers 1.

1 13 13 13 Cons Nat Gas 2 5 40. 40 40 vision among counties was Alle 111 13 do 1 pf 6. qu iuo 3.60 2 48 able classification in the aim to do pf 5.... 1 sn Newport Indust. 19 10 10 10 Newpt Sh 2a 16 30 29 29 3 Air Brk 2 3 27 27 27 Cen RR A 55 10 10 10 50 50 gheny Beaver 48,037, 93 Con P.R Cuba pf 1 15 15 15 Gulf OH 3.

17 65 Afrh TASK 64 05 available from our stocks Prompt deliveries for alkalies and other chemicals, including: CALCIUM ROCK CHLORIDE SALT Fire-insurance 1 103 103 103 L.U1I fata Ut 1.20 34 21 203i 31U J4 Washington 38,170 and West Chi St 6 79 79 79 do pf 5 A Inc 1 AtlCoastLine 4 do pf 1 134 134 134 Cons Textile .80 4 8 8g 6 Cons Vultee 17 9 9 9 1 Consum Pow 2. 47 33 32 33 do 4.52pf4.52ql0 109 109 109 do 111 111 111 ward diversification. Another source of gratification is the 1948 rise in the number of industrial Hack Water 1.70 3 37 37 37 li nx nariemoou 230 zao 230 10 2 103i 1 4 8 36 36 36 2 70 70 70 2 90 "90 90 IS 383i 37H 38 moreland 56,620. Metals led in the classification in all counties le nail print 2 14U is 6 NY NH Hart. 6 do 'pf 5 Halliburton la 15 23 23 29 29 29V4 23S4 i Cont Corp 3 7 40 39 39 AtlRcfining 2 16' 16 do pf Shipold 1 NY with the exception of Washing 12, a 4 109, 109 109 50 50 50 AM, rnrn 1 60.

4 22. 22 2i HannaMA 107 107 107 Harb-Walk lg." 3 19 191 92 ton where mines topped it. Met Noma Elec f. 9 9- 9 RUSSELL SUPPLY CO. It BRIDGEVILLE, FA.

Fl. 1000 IRWIN. FA. IRWIN 1262 Hart S4M 2.40 24 24' This total for four counties was 23 23 23 v. J'OpcoChem 1.60g 2g.q4l0 do nf 4 q50 108 108 108 Cont Bak.la 2 16- 16 16-8 do pf 5 93 95 95 Cont Can la.

29 35 34 34 Cont Ins 2a 11 71 70 70 Cont Motors 16 5 5 5 Cont Oil Del 4. 19 59 59 59 24- 50- als and metal industries employed Hayes Indust 1 50 60 Norf West 3a 9 8 8 6 6 6 26 Aust 1 7 7 4,.... 5 54 5 26' i 00 pT 1 6d per cent of the total industrial No Am Aviat 38 10 10 10 4 i mi. in-' i Hayes Mfg .60. Haz-Atl 1.20 Heinie 1.80.

Helme GW 1.60 23 33 23 34 34 34 3.134 at the close of last year, but the 10-year rise from 2,500 was not steady, particularly in Alle- workers in the four counties in Nor Amer Co lb 72 19 19 19g Cooper-Bess 2.. 7 21 '21 21 i-CoD Stl 1.20a 6 15 14 14 Inm tf -JOff. 514 3ln -t'S Jl4 311,4 Nor Nat 1.80 22 37 36 37 North Pac lg. 23 16 16 16 flATIOHAL UfllOj 1948. do pi 2., Corn Exc 2 80ql40 573i .57 57 do pf 41 41 41 Corn Prod 3.60.

5 64 64 64 Hercules Mot 1 1 Nor Sta Fw S8 10 10 10 16 16 16 Babbitt BT 1.20. do rt 413 1-16 3-64 3-16 i Nor St Ppf3.60q40 82 92 92 i i laiennHy Conpy 49 49 49 37 37 37 53 52 53 14 14 14 9 9 9 8 8 8 17 17 17 Business Briefs- Here Powd 1.35g 10 Hershey Choc 1 8 do pf A 2 pf 1 Hewitt -Robins 1. 1 Northwest 22 9 9 9 2 12 25 4 1 2 uorneu-u r.1 J. y-4 -4 Corning Glass 8 27 27 27 Coty Inter 6 2 2 2 Crane Co 1.60a. 29 28 28 28 Crra of 1.60g 1 28 28 28 Creaamer Am 1" 3 13 13 13 Omi rir li lO 153,.

15U 15i 1 do pf 1.15..4 8 17 17 17 51 51 51 15 15 15 lean North Tel 35V, 35V. 35V. I 171. Bitf Financing; Awards Made Norwich Fh 1 14 14 14 I 17 XC.2 46 46 1 16 1.6 Heyden Chcm 1 20 16 Bald Loco 1 Bait Ohio. do pf Bangor Barber Oil Barker Bros 2a.

Barnsdall 3g. Bath Ir Wis 2. Bayuk Cig 461 17 Fact antl Gossip 2 Hilton Hotels 1. 5 13 Crown Zeller 2g 9 28 28 28 38 52 52 Hires CEL. 1 fOhlO Edis 2..

36 31 30 31 52 14 Milton L. Huemme was named do pf 4.20.050 102 102 102 Holland Furn 2 in 5 do PI 4.40.. 060 107V 106; 1064 1 2 14 14'4 16 16 10 10 12 13 27 27 13 13 18 18 27 27 Crucible Steel 2 15 15 15 11 11 Hollander Son 3 14 15 12 1 9 91,4 do pf 3p 8 50 50 50 Ohic Oil 61 27 26 27 Oliver Corp 3a. 4 2S 23 23 400 cf 4A 91 91 91L, 29 29' NEW YORK, Nov. 29 UP) manager of coke sales for Dia iiony sugar 3 18 Beatrice Foods.

o-i an OflU. QftU. 5JR1A 1 00 pr 2 2Y', Cub-Am Rug 2g 1 15 15 15 Cudy Pack -30p 4 7 7 7 Cuneo Press b. 4 10 10 10 Omnibus Corpi 10 9 9 9 Beck pf 4.q50 82 82 82 2 Homesta 2g 19 46 46 Hookei El 1.20 1 28 28 46 28 1. do Pf 8 ...080 95 94 95 1V Beech Aire 1 2 Utilities companies today award ed nearly $70,000,000 of securi Curtis ruousn bt.

o'a OH 31V. 32 -do pr 41.4.420 110 110 110 14 32 13 Eeech-Nut 1.60. 2 Be'd-Hem 1.20a 2 Otis Elsvat 2g 15 36 36 36 do pf 4 106 105 105 Owens-Ill Glass3 12 59 59 59 13 13 do pf 17k.q60 142 142 142 1 do pr pf 3a. 6 51 51 51 2 12 12 12 WHEN YOU (5 MOVE! Scientific Packing and modern equipment moves your household qoods safely Narionwida Service Insurance Protection Cow Uniform Rates. HOEVELER warehouse co.

PITTSBURGH PHONE MA. l-oOOO 134 13 13 Curtlss-Wright 133 7 7 7 QTil 351. 34'- 35 T'i nuuu-jnersney 1 Household Fin 2b Houst LAP 2.20 Houston Oil 2a. How Sound 2 2 47 47 47 do A 2 2 20. 20 203 1A Bell Aire 3 Bendlx Av 68 Bend Ap kP- 20 Ben Ind Ln lb 30 9 8V.

8 39 39 39 mond Alkali. Sterling Drug purchased John Puhl Products, Chicago, for 36,000 shares of Sterling common. George S. Harris was named chairman and Russell B. Newton president of Dan River Mills.

Furniture tCutler-U 1.20a 4 22 21 22 26 26 26 i 52'? 40 1 Hudson Man. 101 1 11 101 100 da 4 pf 4 13 1 77 77 An nf 31. Dana Corp 1 2 13 13 Davison Che 1 7 21 21 Hud Bay MAS 4 11 41 40 41 1 Hudson Mot la. 14 123? 12i2 12 P- Pas Coast 3 pfqlO 33 33 33 Pac 2. 11 33 32 33 Pac Lighting 3.

3 50 50 50 tPac Mills 3g. 1 29 29 29 Pac pf 6q30 143 143 143 Pac Tin Con.20e 4 3 3 3 Packard Mot 32 3 3 3 Pan Am Airways 48 8 8 8 Pan Am Pet If. 1 19 19 19 Panhan EPL 3a 1.71 71 71 77 a 2 26 Beneuet Itoe. 39 2 2 21 28 ties to banking syndicates in one of the busiest financing sessions' of the fall. Louisville Gas Electric Company put up the biggest issue, $41,000,000 of first mortgages, 30-year bonds, and awarded it to an underwriting group headed Sin HdMytHtMntextm num.

rooas 5 8 8 8 Best A Co 2. 2 26 36 Him 1 I i 1 1 33V, 33'-'. 33li Dayton 1.80 12 29 282 Decca Records 12 8 8 Deep Rock Oil 2 1 23 23 Deere Co 5g. 17 37 37 23 HussmRefr 1.20s 1 16 lew 161- 38 29 29 29 1 r.i. do pf 1.40 1 35 35 37V4 35 29 Best Foods 2a Eeth Ptecl 2.43.

Blgekw-S 2.40. El Blaw-Knox Bliss (EWI 1.. orders in October were 15 per cent above the like month last 354 35'4 35'4 SJ. 23 21 11-6 9 9 9' 1 13Ti 13i 13 Pan 6 5 5 5 Del Hudfon 4 3 29 29 Parara Plet 2 37 20 30 20 Is 7 7. DCl Lit 4g 14 12 11 Tii o4 36i- year, Seidman Seidman report.

Park Tllford 3 1 Park Utah 1 0 Del Lt J. 20 10 21 21 21 Den RGW 2g 6 27 27 27 13 21 21 21's 11 22 21 21 1 Boeing Alrp 2g Bohn 29 29 Western Maryland Railway Parke Davis 1.40 10 is a.i a 4. nan fsnT' dum Indust Rayon 3b 10 48U Inrer-Rand 5'ig 8 65" 48 65 li 65 do pf 5g 3 48 47 47 Derby Oil 1.30g 4- 12 12 12 DC Edls 1 10 -1 do rt .....330 316 532 533 132 dn 3 1.45g.Q9'i in'i mi 1.45g.q90 18 18a is'i 't Park Rust 2. 3 Parmeless Tr 6 Patino Mln lg. 6 4d, 43 43 Ilk 1 1 34 34 34 26 26 2fi a- 7 7 7 9 9 9 6 6 6 16 16 16 3414 34 34 Bond Strs in.

5tee1, 12 357 35Ii 35-Ins Cop lg 5 13 13 1314 Insuran Ctf .20 1 914 9 oil IHj. 15 14 14 14V4 1.80g 16 48 47 47 1 4a. 30 55 54 55 1 Borden Co QOC2L1TSOM reabody CI 1 asked ICC authority to absorb seven subsidiary lines. Penn-Ohio Steel purchased Helms Industrial Development. Grand iwh Sto ij 6 Det Stl Corp 2 3 23 22 22 Devoe A 3 2 2Qii 20ii 20V Bore-Warner no pr 14...

7 1 l1 Boston Maine i Penk Ford 3.6Cr 7 32 lnterchem 1.20. 5 17 171,4 171 do pf 93 93 93 Intercon Rubber. 2 Hi lit u' l'- 11 11A Penney (JO 2m 12 53 521! 53 V- Bower Roll 3 5 Braniff Airw 6 32 7 261 PRODUCTS itr INDUSTRY 8 27 2 32 8 28 7 Penn-Dixie lg. 6 23 23 23 Rapids, in a cash transaction. Brew Cro Am ql30 renn fi Sd l.eo 32 33 32 "us 40 2 194 194 i94 6 67 Bridg Brass -15p 14 27 New York city department 27 27 Diamond lUa 3 33 32 33 Diana Strs 60.

15 8 8 8 Dlst Cor-S 1 05g 10 16 16 16 Dixie Cup 1.. 2 38 38 38 Dr. Pepper .60.. 1 10 10 10 Doehler-Jarvis 2a 3 35 35 35 Dome Mines .70. 7 15 15 15 Douglas Aircr 5a.

2 65 64 64 Dow Chem 1.60b 23 52 52 52 28 ll.lrrl I IT I 3 PROTECTED METAL 6AIBEST0S SKYLIGHTS Penn 1.20. 3 21 21 21 Penn RR 52 13 13 13 Peoples Gas 6.. 16 120 119 120 FLOORS A I I V4 1 771A 1. by Ilalsey, Stuart on a high bid of 101.8875 for a 2: per cent coupon. The winning group expects to rcofTer the bonds at 102 3s to yield 2.635 per cent.

Southern, Company awarded 1,300,000 shares of additional common stock to a syndicate headed by Lehman Erothers on a bid of $11.58 a share. Re-offering is planned at $11.95 a share. A group headed by Stone Webster Securities Corporation inr Bris-Myers 1 60 11 27. it't Hvaro-EI A. 183 eiZ m7 ir 4 33 Rvlvn Gas 1.30g 4 store sales were off two per cent last week from the '48 period.

nt 2 5 32 32" 32 2 lnt Can 1 fin a a oti7 Trepsi-UGia ea OPANELS' 11 17 tPet Milk 4 31 30 31 4 Brown Blge 1 7 11 Bruns-Balke 2g 5 17 dc Df 7:::,, iif 3.1 t-etroi corp 16 I2j 12 12 INDUSTRIAL, COATINGS VENTILATORS DECK H. H. ROBERTSON CO: 185-i Marion Power Shovel stockhold mt Paper 4a. Bucyrus-Erie 2g 77 184 4 7 64 64 premer Brew 2b 28 28 2S 10 ao 11 17 18 10 33 17 33 18 Pfizer (C) 1 51 51 51 ers increased the board from nine 33 RvP r.4nV 2 "3 103 103 Ry Cen Am. 6 4 4 4 Zll' I VA 44? 44: pr 4 Stlvor 6 Phelps 4.

26 46 46 46 17i lnt uu 4U pi o4 1- lll'A 11 Dresser Ind 1.40 10 17 17 17 Dunhlll lnt 1.. 5 18 18 18 Duplan Corp 2 13 13 13 duPont deN2.15h 57 58 58 58 I do pf 4... 1 122 122 122 Duq Lt pf 113 113 Pennsvni -Farmers Bank Bulling PhilCO 6pr3 q520 53 53 53 33 lnt to 13. Pacific Portland Cement proposes a five-for-one stock split. fdo 101 101 101 Budd Co 24 Buff Forge 4.1 5g 1 33 BuHard Co la.

4 17 Bulova Watch 3a 1 33 Burl Mills 1-- I J9 do CV pf 3. 1 88 Bi-rr A Men 9 13 n.i.h T.rm 5.if. 4 8 19 lnt Tel Tel. Phlla Elec 1.20 14 24 24 24 do for ct 88 88 1 13 13 79 8 8 8 1 8 834 5 18. 3 7 17 60 PI 4.40-O90 113 113 113 Metropolitan Edison plans to lnt Util 1 Interst Strs 2 Eagle-Pich 1.80.

2 17 17 17 8 do J.Bpf 3.80 1 104 104 104 do pref 1. 1 25 25 25 a U'" 20 201i J. li Island Coal 3 offer additional bonds and pre us 21: 684 2 BTBldgpf 7k.q40 116 113 nf 414.. 0110 68 67 Eastern Air L. 52 14 13 14 Eastern CorD 7 6 16 15 16 1 EastmanKod 1.70b 17 47 47 47 FM1 Rdg 2C 5 141-.

141, 4 ii do of 6. 143 143 won $10,000,000 of 30-ycar, first mortgage bonds offered by Gulf Philo Corp 2.. 7 30 29 30 rt a- ollO 68i, 67 68 do pf 6-. .010 1881. irsi; 18ii do Pf 3.ql30 84 82 83 4 4 4 Jacobs L.

5 5, Jaeger 1 30g 1 5 4 i2a ferred rn February to finance construction. Shoe manufacturers now exhibiting spring lines Philip Morris 2a 14 51 51 51 States Utilities Company. Reof nvent (AM la 4 20 20 AO 4 PI 4... 1 4 31 21 iraton Mfg 15 28 28 28 Ekco Prod 1.20 9 13 13 13V, ElastlcStopN 1 7 7 7 El Auto-Lite 3.. 10 40 39 40 Rvmn Jackson 2 4 23 Phillips Pet 3..

30 57 57 57 faring is expected at 102.58 to 1 "ou 0'i 90 901A a. Jewel Tea 2.40a 18 S6 55J S6i 3i -H0 104 So lSi xl Johns-Manv 2gll 43 42 42i il JohnsonAJ 1.20 A -yuT. iTS 35 35 in New York report strong buyer PUlsbury Mills 3 3 31 30 30 Pitt Coke 11 13 13 13 yield 2.625 per cent. Elec Boat 10 15 15 15 ElAMusInd 09g. 3 1 1 1 i i i Callahan Z-Ld 2 do DI S4T4 S4T4 '4 interest despite price increases.

El Storage Eat 3 4 40 39 40 tPitt Coal 3. 1 29V 29 29 JPitt Fort lV.g 5 13 13 13 Calumet Hec i ramp'oell Wy 2 2 Can Dry GA .60 6 Can Pacfie lg 4 2 do pf 83 83 ai i. J0 Mfp 5 on- 55.. Elliott CO 17 27 27 27 ElPasNatGas 1.20 14 28 27 27 EmersonElM 1.. 1 10 10 10 WALKER DOWNING (general gA cAdvertUing, Oliver Building GRant 1-1900 OUTDOOR NEWSPAPER MAGAZINE BADEO TELEVISION cx JU4 31 4.

1. Pitt Plate lg. 3 36 35 36 Pitt Screw 4 6 6 6 3 3 18 18 1S 9 9 9 13 13 13 8 8 8 31 31 31 31 31 31 15 TS'i 15 O. UEUKS DlVIDt.ND Consideration of the first quarter dividend fi was deferred by the Chesapeake A Cnio Ulrwtnis until the February meftlng undT a new policy whereby dividends will be Pid In the year In which they are earned. I'ittsbursh Stocks EmerRadiP1.20b 21 17 17 Capita! Ain Kalamstnvpjtiriin a Pitt Steel 2 8 8 8 Emo El 1.21g 10 17 17 17 Caro l.

-i- Carpent Stl 2g 2 Carrier Corp 1 1 do59rrPf8k.q230 66 64 66 dTprpf4p.q390 56 55 56 Sales High Low Close Chge. 170 All Lud Steel 20 20 20 170 Duquesne Brew 11" 11 11 50 liar Walk 19 19 19 3414 34, Ji'i Pitt 1 21 21 21 1 An. Tlf V. 4314 434 Enoi jonn pr 4.q50 104 104 104 Kan ritv fiintK iiH V. vyn Equit Off Bldg.

3 5Ti 5 5 lUnsalt pi? 4 1 44 44 2 Erie 38 10 10 10 Vter 1 fi Eureka 2 4 4 4 KelseS iS 13l 13 Eversharp 19 9 9' 9 20 E-Cello-O 2.60. 9 54 53 54 Vnnett Cop 4g'26 49v2 49 Pitt. pf 7. QlO 136 136 136 324 1 CasetJIiCo 3a 17 4 3'j, Catcrp Trac lh 14 33 50 Joy Mfg Com. 31 31 31 Pittston Co 1.

1 22 22 22 Plymouth Oil 2b 8 4 1 40 103 103 NOW do DI Mt ruel bppiy I9g I9'4 19 T8 r.t.n rrn 2.40 52 33 32 ON DISPLAY PONTIAC 43 Pond Creek vern Land 3 1 46 46 46 35 Potomac iac 1950 7 36 35 36 Keystone SAW 1 1 3 24 24 2414 11 52 15 iyrr Pressed id do 7 pf7 q90 129 129w 129 1. do 1st 1 104 104 104 Celotex Corp, 1. 14 18 1 Cent Aguir 1. 15 15 15 I 3 1 i U'j 1j.s i Stl Car. 2 7 7 7 I pf 2...

1 29 29 29 80 80 80 1 1 83 Pen Brew pfd. 43 43 135 Pgh Plate GIss 36 35 106 Ruud Mfg 18 18 1000 San Toy Mln .09 .09 100 Van Alio- Steel 27 27 4 2 West Air Brke 24 24 74 West Elec 27 27 do amnion lnr. im 1" 1314 IVVt ,4 "00 Pf 4... 1 .09 27 34 27 Falrb Morse 2g Fajardo Sugar 2a Falstaff Brew la Family Fin 1.20 FAR Liquid Fedders-Quig 1 Fed-Mogul 1.60a. Krorr a ii 6c Gam3a 11 6 14 14 14 -itinney pf 71 711 OAKMCNT PONTIAC CO.

r.nt 71 9 9 9 Pub Svc Col2.60 4 46 46 46 Pub SvEG1.60 16 24' 24 24 14 Cen Hud i -n 'scuppers CO 2.. 16 28 273 6 14 14 14 tdo pf 2 96 Hit 1 17 17 17 Kresre SS 2.l 5 ins- aZi? 26 95 40 Cen 521-531 All.qh.ny jkmont, Pa. Ill Lt 2.20 8 35 35 35 'do 4 -qio 1 1 1 "iM NY Pwpf3 40 1 87 87 87 do 4.08 prq320 103n 1031 103Vi do nref 1.40. 21 29 28 29 4 4 4 4 Kress SH 3 S9Ti oi2 Fed Mot 59 3296 Ex dividend Publlck Ind If. 10 15 15 15 8 V.

6 32 321.4 32 Fed Strs 2 KJ-oger co 2.40a 3 57 57 07 do Df 44.. QO PU. HO 24 do pf 4. .020 103 103 103 HOW Cent F.R NJ A 4 Cent SW .90 99 13 13 Cent VIM 5 12 11 Pullman 3 22 33 33 33 13 11 i 6 4 .40 4 10 10 10 Laclede Gas .20 31 71A 7at am 7 21 Firestone 4 3 48 48 4H 4 21 21 pmM nil 1 v' Pure Oil la 27 30 29 SO -do pf 5.... 2 107 107 107 i v'i 1 72 1 Lane Bryant 1 7 lim 184 do pi 4.

luo 105 loe Cerro de Pasp 4 18 10V, 1 10 10 22 22 ine-wells 2g-. 2 16 13 13 13 A 2S i. Firth Carpet 1.. 5 12 12 12 Flintknte 2a 15 28 28 28 12 12 12 14 Lee 2a 3 io in Radio Corp g. 32 do pf 3...

1 Rad-K-On .4 5p 28 7 314 7 14 ,4 tFlorldaPowl.20 8 -17 16 17 1.40a 8 rah ..1 7 7 7 ht 18 18 18 nr .7 7 714 Foliansoee st ip xu iu'h io Food Fair St.40a 2 13 13 13ii Ches Corp 2g 1 1V 22 22, fh Ohio 28i' 27 27 RR Sill CenSt Q70 281 453, 28 28 Plaimimj to Save VAC 28 28 23 45 451.4 2 2 Rayb-Man 3g Torn .60 39 12 12 12 28 334 23' Food Mach lb. 4 26 26 26i-i do 3 96 96 96 tdo pf 3 qlO 87 87 87 1 Lehigh CAN iAg Lehigh Port 2a 8 Lehigh Val Coal 7 do 1 pf 3 1 do 2 pf 2 Leh Vai RR 8 g. 5 7 1 2 8 5 4 17 17 314 31 31 2 17 5 4 10 6 23 5 5 4 41 Foster Wheeler 1 4 28 274 19 19 19 301-4 3014 30 i 8 12 1834 Kayonirr do pf 3 Reading Co 2.. do 2 pf 2 Reeves Bros la. Reliable St 1.60a 4 8 18 6 Francisco SugiiE 2 854 8 84 1.4 10 10VS 15 15 15 Chi 111 3 4 do A lg 2 9 Chi Grt 5 12 do pf 7 18 Cht TndI.

A. 4. 6 Ch 9 6 do pf 4r 14 28 Do you know if Water is Lerner Stores 2 6 22V. 221', a4 Freep Sulph 5.. 2 57 57 57 Froedt 1 3 16 16 16 Fruehauf Tra 2 20 20 20 20 8 57 6 7 6 7 13 13 4 57 57 7 7 85 8 5 Reliance Mfg 13 7 4a 9 85 Rpmlnc Rand 1 24 114 11V4 1114 27 27 do pi 11 ii ii do.

Pf 1 85 85 85 118 IV -ao pi i iv Gabriel Co .77 5 5 5 5 83i Reo Motors tLima-Hamtl .60 12 7 7 Link-Belt 1 61 61 8 5 3 5 1 28 34 61 5 3 Repub Avia Repub Plct Fattening! 314 8 iiun uu a 3Uli 3014 8 8 2 do pr ims. LiquidCarbonlclb. 8 14 14 14I Lockheed Aire 2 19 23 23 23 49 24 23 23 la. Repub Stee do pf 6. eel 1 10714 1074 1U7'4 1S Loews Inc 1 28 16 161.

i-i 16 68 Rev 1. 3 13 13 13 LoneStarCem3a. 6 68 68 68 do pf 99 98 99 1 4 21 21 11 4 4 4 Ppt11 Tlrliff 29 la 11 25 No. In combination with tLorlllard 24 25 iZ tdo pf 7. 166 166 166 1 1 RRU.

1 KKli 1 Reynolds Met 2 20 20 20 V. do pf 5. qlO 102H IO2V4 102 30 3 3D JUV4 30 31t 324 13 32'a Loulsv GE lg LoulsvANash3.52 Lowensteln 2 Lukens Stl Reyn TobB1.80a 4 38 38 38 dn 41.4 nf. 107i 107A 10714 4 23 33 23 2 18 18 18 Rheem Mf? 1.60 6 185-i. 18Vi 184 V.

salt, however, water may slightly increase person's weight, as the salt may retard the body's normal loss of water by perspiration. Riehfield Oil 2 S3 38 37 38 Ritter Co 1. 2 16 15 M. Roan ACop.72g 1 4 4 4 Rob-Fulton la 68 11 10 10 do of 1.18. 2 27 2754 27- Underwriters and Dealers "'v State and Municipal Bonds Iff! -A tC-Vjy No matter what your income bracket may be, under present tax laws you owe it to yourself to examine your current security holdings now.

You may find it prudent to consider selling some for the sake of reducing taxes then buying other securities of similar standing so that you won't weaken your portfolio position. To help you, our Research Division has just issued a bulletin listing 129 specific exchange suggestions, and a pamphlet called "Comparative Profits From Short-Term and Long-Term Capital If you'd like to see this material, or want more complete information on how it might affect your portfolio, why not talk it over with an account executive in our nearest office? Or, if you prefer, just write Department AZ-92 Merrill Lynch. Pierce. Fenner Beane Rohm lb 1 1 57 56 57 1 Ronson A1W la 26 19 19 194 Roval Type 2.. 4 17 17 17 Ruberold 1 59', 59V.

59', LEX A Ruppert (J) 1 9 9 9 Safeway St 1.60 25 2914 28 29 do pf 5 20 112 112 112 14 Too Cautious? Do you feel secure 'keeping money in cash? This may not be the safe thing to do! Today you can invest wisely and enjoy a higher income, with the prospect of an increase in value at no material increase in risk. We you to study and consider a few investment plans to fit your particular need. No obligation. FAUSET STEELE CO. 1812 First National Bank Building PitiburgK GRant 1-3883 Member Plttiburqh Stock Exchange St Jos Lead3g 6 41 40 41 St San Franle 23 9H 914 14 SteeLwill float on Water? Jus fill I drinXir.

to brim ovcr 4tn ordinary stul scwinf ucdlc to surface cf it vtvet it vnll float' fdo pf 5... 1 3775, 37 37 St Regis Pap.60 18 7 7 7 OIL CORP. (Continued on Next Page) Stock Common fnferesf exempt from presenf Federal income Taxes WHAT KEEPS THE NEEDLE AFLOAT? AkTMOUGH Sim MUCH WMitlTttAM WTtA.T Short Price 15 Cents per wpWT or tx NifDxi ttar inougn to i TMf SUVCI TfKS'OH Cf TMi MTCR. For Information on Investment Funds Ask for Booklet W. H.

BABBITT CO. Union Trust Bldg, Pittsburgh, Pa. GRant 11420 TELL1ER I 1911 SOUTH PITTSBURGH WATER GO. C.J.DEVINE&CO. INC 2011 First National Bank Building Pittsburgh 22 Grant 1-4120 Oliver Building (Ground Floor) Pittsburgh 22 Telephone: EXpress 1-0250 Residents of Aliquippa, Duquesne, Glassport, McKeesport and Tarentum call 1-0870 (No Toll Charge) 04 )W.

4MWN. IMM mSOt. WC MS VHtm I J' 1 3 5.