Evening star., 1949-04-10
Several Rail Issues
Improve Point in
Firm Bond Market
WEEKLY SUMMARY OE THE NEW YORK STOCK EXCHANGE Ss
o, ~.s A.s@s sa4-s N.ss

STw YORK ApsG --S<sv' =.
81 gSszsrs s<1sea apwSyc ssCeGss
E<-ns tcs3Hy n grssegA1ly ssrssg
tsass3 usagkrt. t.sAsss wwfv -
49, =, se<1 80 tgAessSssa
HAsn light a. thr Sssa,t s~Ases
;c~sAy ~a> sSaylas trseyras ~k&N
gs,1sgsr@s gfa4.a Avrrur aassasiFatrE9
s. @p - - 81 TIE .S4sr h@5
tNren anaeg ~3,gag aiiAcE 81
ARK InsFa AycnAe As s&.Tre =
10 -
SA2es tosA3rd stito 600 esxaa-
parc5 wtt1g !lia coo Las SAt-.s-
day. and s1oa4ghi THO sc@4sy2s 80
;Gav week ~ slesNa 100 Against
sle s.S 500 The agrN yotls wr~s
Atlantic & lsany!.}c seN1ort -
sS.S Anced - "a ~ SeW Na.k
Central M&A.Saa Contra ava,
son yiss c.smecd - - A..
rrusy}yansa Railroad as We
~ a point 10 ss SanlAg sA,u,
acre ps>ied by Frlsce as "a ~.
Wabash 49, 20 =. Wisconsin
Central SIpsgsog ~ I>sll&!sh A. %
Is and MiSSo4s! PAclae A -
to So
Philadelphia Elerirse 2a.S ~
1874 gained = Esolnl Ia 100 or Aghi
turnover and Penn~Central Az
lines , $ climbed = to si's
AdsAnelns major frMc tions acre.
AmouE others Milwaukee income
I "a, Ble -Four 4r.s. Qrrat North
crn S'ss @; 1000, Household ~.
nance @A.s and Western uniaa
IS ot 1860
Fractional losses we're posted nv
Detroit Edison IS Hudson a MAn-
haitian income 81. Lehleh Valley
Stamped 4'4s and Baltimore ~
Ohio convertible $1ss among
others
United States Government iS-
sues as is customary on SATURDAY.,
were not traded Foreign bonds
we're mostly shade higher Ia
quiet trading A ceiaalled South
American issue. Porto Allegro a..
wAs up e's points on turnover 81
II bonds.
BiK Issues Schsduiea.
Mex, week will be one Of tha
busiest periods In recent months
IN corporate financing Securities
totallng about si47 900 600 are
scheduled 10 bc offered at conn
petitive bidding or by negotiation.
On Monday, OHIO Public fserv-
ice Co. plans 10 open bids on $40
900 600 Of mortgage bonds and
MISSISSIPPI Power Co viii market
So 900 600 in MORTGAGES. The fol-
lowing day Commonwealth Edison
Co OF Chicago will Offer $50 600
900 IN debenttres, Bell Telephone
Co. of Pennsylvania will sell S2s..
900 900 in deNntureS and Illinois
Power Co, Will put 200 900 shares
OF $50 par value preferred stock
on the block.
c / T. Financial Corp. Is await
Ing Securities and Exchange Com
approval OF It's proposal 10
sell $50 900 900 OF deoentures
through negotiation with UNDER
writers. II clearance arrives soon.
the Issue may be ready for offer
ms Wednesday or Thursday
Corporate securities offered
publicly In March totAled k2aT..
4Sa.l62. compared with sIb2.asl,-
TOO In February.
The situation in State munich
pal and county bonds took a turn
for the better during the week.
Dealers were able 10 whittle about
sl2 900 900 from their inventories.
reducing unsold tax exempts Sun
on the shelf 10 around slis.-
e0o, 900.
Weeks Offerings Small.
This was achieved chiefly be-
cause OF the comparatively small
total OF new issues offered this
week, The schedule for new tax.
exempt offerings next week also 10
light. totaling less than s3s 900
900. Largest Issue on the list 10
So 800 900 of bonds by the Dallas.
Tex. independent school district
that will be sold Tuesday.
II was reported that nesot!a-
tons were progressing fAvorAhiy
for an early sale OF about si3s.-
600 900 OF new bonds by New
York's Triborough Bridge Il Tun-
mel Authority Chief uAe OF the
proceeds will be 10 retire q tun-