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U iv» tMol I v V OF MICHIGAN MONDAY ISSUE i. ■ APS 1 ',957 unnuTumi 1MUIT Reg. U. 8. Pat. Office Volume 185 Number 5625 New York 7, General RAILROAD A A Oil The SEC - and UTII^TY INDUSTRIAL - March on filed 12 letter a of notification INSURANCE - to the gas. lor Tor expenses exploration, drilling, and production of In This Issue Allen Board Stock and Bond oil " Quotations- ' Nine Months Ended Jan. -Sales Show Gain— 31-— 1957 sales Income and services-— before Estimated Federal Federal income Net income taxes__ 6,074,724 consolidated subsidiaries $ Net - income-per share__^____^__-__-^__ income of wholly-owned SHPX group Net companies Net income Combined „ Net 1957. <• net of This income per share share per 1,412,714 total of version in vertible preferred the first but 1957 stock. since in shares the last the formation of all 5% above cumulative reminded the . instahces in company 1899, it devices to for this the for design the both Bomarc corporation's ACF Missiles Bomarc Is Erco Group, Air an and development and Redstone of Division*. Richard announced Force surface-to-air has and arming been assigned Chairman of Wehrlin, March on safety missiles and Redstone mutual interest missile contracts of the services in development Acme units of * call that for 46 to March on 22 announced that it is 775-ton * President Sales for totaled ' the the months $4,179,725, to Jan. $751,336 up (first 31 22% or half from tion cents in the a share; compared common 1955 period.—V. 184, with $140,639 were 38 or $90,493 cents a or 1909. p, Acme for by this The reliable taken better closures," flbreboard brochure currently boxes the closure information from ments.—V. user 185, is in on (1) of on to $1 flbreboard has a guide economies boxes. It for and the evaluation stepped-up contains a of produc¬ collection of closure methods, the facts of which have been published works and manufacturers' state¬ March 25, has Exchange, issued orders under the proposed Securities public offering the Act of of Commission, temporarily it was suspending announced Regulation on A with - common shares New York, N. Y. proposed the (Regulation A notifica¬ public offering behalf on (4) Violla York, public per of Haynian, The as Postman Co., New notification, filed Sept. 3, 1953. proposed $25,000 of pre-formation limited partnership A Walden. as The By George Co., Kew Garden Hills, (Regulation A notification, filed Dec. 4, 1953, proposed the public offering of from $60,000 to $110,000 of pre-formation limited partner¬ ship interests). - A provides offerings the of conditions conditional a securities of such not exemption from exceeding exemption Is $300,000 registration in requirement a amount. for the the orders In comply the with above this Commission's cases asserts reporting staff vides an opportunity for such for hearing, the suspension should despite Each reports. be vacated upon of request, made or has there that requirement been failure requests the on a a Canada are Bulletin. decisions on reviewed orders from This on informed aid our to Monthly- investment Canadian securities is available year 1956 with §434,994 17, class also of the question whether 179, p. 1045. $581,784 on new tool steel that gives % time gives better finish is now Ross, Knowles & Co, Ltd. this corporation announced The steel new is called on of Members: The Toronto Stock Exchange The Investment Dealers' Association of Canada ST. W. — TORONTO, CANADA properties comes about (0.10% ) to the analysis of In Oilgraph-EZ about .25 makes the about to steel .50% it the .30% small of easier by to adding a the the steel. of sulphur in machine, affects when finish added the of combination amount machinability. but the Improved small amount graphite adversely By adding .10% March 25. Oilgraph-EZ and is A of static from eight, 10 and 12-inch 100 cu. Stock — from one-eighth pressures the size on ft. of air per used.—V. minute 185, p. 925. Offered—Johnson, however, less than 40 the on stock common not in to steel gets beyond steel. sulphur to Ollgrapb-EZ, which has a graphite range of from .20 to .40%,- the graphite and sulphur act the same as if this not A less than share per is stock common entitled cents both cents In receive to- share per classes for the on of share per fiscal year, any declared declared be may 40 stock common on which such been dividend stock. commorr stock common has a the year on There¬ declared In same stock common payable April 1938, 1, covered 1, this offering by Into is, at class A the option Jr., present stock, that underwriters and owners to agree no 1958, the and holders withhold than more 1959 Maurice of either, their respective estates are and of the 165,000 on not bound t. Walter 165,561 converted in share a t May record be However, holder each on ' conversion 55,000 will I960. of stock common • with will not receive 1957. stock common convertible agreement so the CAPITALIZATION shares of said during any of event of the death by this agreement. GIVING EFFECT TO PRESENT FINANCING Authorized installment notes payable —collateralized; Maturing May 10, Maturing Sept. 30, *5 V* % Installment lateralized, 10 6% year. payable, other maturing registered series contract ' 1958 $56,667 1959 note 82,500 Notes 21, debenture subor. 1968 (11 cumulative notes to < i \ "all 90. ( 63,000 1 Class A (17 notes) 207,949 stock ($10 15,000 shs. stock common Common stock •Include ($1 ($1 Installments value) 56,350 shs. 200,000shs, due within one year, Jan. its aggregating $77,000.-. On $100,000, giving 31. 1957. the company borrowed an additional collateralized note payable due May 1, 1957. fBeglnning May 1, nually, but sinking fund preferred a only of stock 5Includes on 15,000 shs. 5300,000 shs. 200,000shs. par value) par » year: notes) preferred \ 12,031 within value) par ^ creditors"; payable maturing 6% i $4,000 payable—col¬ Sept. A, . Outstanding to bank Maturing July 1, 1963 Maturing Jan. 1, 1964 sulphur equivalent graphite the of Graphite six, stocks basis. years ♦5% of better machinability and at the, same available after several years of research, of the Not collateralized sales of Allegheny Ludlum Steel Corp.—New Development— A value. par PROCEEDS—The company plans to use the net proceeds of the offering for working capital In the operation of its business. Including without limitation purchasing current inventory, financing accounts receivable, paying current debts and obligations, etc. pro¬ end request. 25 ADELAIDE to sales class amount be shares, common to $7,479,731 In 1955. Earnings per share, based upon the 296,112 shares outstanding at the of 195G, were $1.96 for 1956 and $1.47 for 1955.—V. 185, p. 817. on In declared, are the dividend 1957, A Jan. share the Earnings Rise— amounted maintaining move stock must Jan. shares ♦ Net earnings for the $8,685,054, as compared Is and dividends year such the permanent.—V. Aircraft Radio Corp.—Sales and economic trends in regularly in $10 to engineering design, this corporation polyethylene ventilators and minute, depending class Collateralized Significant business and Co. fabricated of Inches, the common Clifton, for reports reflecting the amount of securities sold and which the proceeds were applied. Each of the suspension to use Intensive Art Metals Co. the on all By One filing semi-annual of proposal a Aluminum value no-par handle year, dividend for N. Y. Regulation approving Mirro approve a proposed increase shares from 1,050,000 to 1,750,- from to dividend a A The of and Donald G. Clifford and (Regulation offering interests); (5) Rubber Y. N. on to to common ventilators per exceeding the of (3) Transworld Mercantile Corp., New York, N. Y. (Regulation A notification, filed Dec, 29, 1953, proposed the public offering of 100,000 non-voting common shares at 50c per share); of Investment in Canada 1954, 23, Kay L. Rockey, of 3,750 common shares to net the offerer $2 share); • public A Guide to— April • shall be non-cumulative: A dividend In excess of 40 cents share may be declared on the class A common stock In any fiscal without declaring any dividends on the common stock for such After British Industries Corp., 1269. amount per share. directors of the company declared a quarterly cash dividend of 16(4 cents per share on the class A common stock, payable on April 1, 1957, to stockholders or record March 20, 1957. share); filed Advertising, It Vice-President-— Change Name— vote asked stock line dividends any After notification filed 120,000 will company be designed four year declared 1933 follows: as of year. 49 < Regulation A Director dividends of 713. and registration Inc., Red Bank, N. J. • Corp.—New Products Announced— of new size ft. fiscal such year Mrs. as effect 1954, per (2) the Securities 21, packages, and from Aircasters, tion, specially prepared just been published a are to cu. any per 50 Clearings respect to public offerings of securities, Box Closure Methods— Aircasters, Inc., Red Bank, N. J.—Stock Offering Tem¬ porarily Suspended— The Inch Before in On 16-page, booklet a intended use surveys, p. an such Jan. company. new methods in to of users tion Steel Co.—Booklet guide inlet 3,400 class exemptions the months 26 announced not at "A change for Redemption Calls and Sinking Fund Notices. 50 share •• Lane, Space & Co., Inc. and J. H. Holsman & Co., Inc., on March 26 offered publicly 30,000 shares of class A common stock (par $1) at $10 per share. the fiscal year) $3,428,389 in increased sales promo¬ Secretary 1609. diameter of period last yeai. Reflecting non-recurring moving costs, net earnings and 24 of sales 10 this authorized of to p. after, corresponding appointed by George A. Benlngon, will systems. Initially the company said. six named was exhaust 13 __ The Course of Bank 22 April American Agile 50 Payable Reserve Banks reeent erwax, number After 50 Federal Reserve System______________ Combined Condition Statement of Federal capacity and, for the first time, residential air"packages" of two to five tons capacity. Production limit factory additions was 150-ton capacity units. Field sales to contractors have risen to more than half Acre's production, the remainder going to other air conditioning manufacturers, K. A. Weathbefore Rates Statement of Member Banks of producing he Corp.—Advertising Director- been of also 159, American * later years p. on name and has 57 Declared Condition conditioning ' the 000, Cover Dividends and " Three Ryan has been with the Gardner Advertising Agency, he was a Vice-President.-—V. 185, —V. 37 Foreign Exchange 1, the 47 —_ General Corporation & Investment News State and City Bond Offerings y now the of Osmond, who 1947, and since where Miscellaneous Features j has stockholders of missile's G. .... Mr. stockholders to design, a Chairman James concern 31. Co. March on Mo., change The in Coffey, screw . Ventilators Industries, Inc.—Sales Up—Earnings Off— corporation up of part The 43 of & Ryan 1952 Louis, to an development and fabrication of fuzing system which arms for "cocJ^s"! a missile. Mr. Wehrlin explained that missiles are not armed when launched. The safety and arming device holds the missile un¬ armed to prevent dangerous premature firing until a predetermined point in flight has been reached. The device then arms the missile. —V. 185, p. 1037. This • cooperation comportfnts. Both prototypes , and 41 42 Army surface-to-surface missile, but contracts for both were received by Erco from the Army. This happens occasionally because of the J. succeed Aluminum Goods Mfg. Co.—To 41 Transactions American Stock Exchange 21. missile, Since Dow-Jones Stock and Bond Averages. 37 National Quotation Industrial Stock Averages 37 SEC Index of Stock Prices. 37 Transactions New York Stoek Exchange 37 Missile-Arming Device Contract— Responsibility Guy will Conn., socket March on by Mather Marketing. Exchange unusually easy finishing charac¬ Joined Allen in 1942, after- many years in the Investment P. 40 Exchange—Curb Section. Over-the-Counter Markets Mr. Hartford, announced St. steel good director, and in 1950, became Executive Vice-President. 38 Toronto Stock has the Michael 38 its ... , President of this company on April announcement L:'Austin was Canadian Stock Exchange Toronto Stock Exchange for retains '■/, / Allied Chemical & Dye 38 i an retire 38 _ Montreal shares. common 33 41 Stock a This makes the time same 1037. Mather will become Mather 29 Exchange on con¬ stockholders, and graphite. the p. Directors. will Mr. .70% at 185, to of firm of G. 17 Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange outstanding at Jan, 31, the redemption or con- ACF'S of report single class of capital stock, the a $0.30 6,429,905 $4.55 $4.63 computed shares. reflects of Thus, the $0.41 % been common common January, time has ACF 423,995 6,537,034 ; Stock Midwest Stock Exchange Pacific Coast Stock Exchange '• 578,630 —1 — $4.25 , of 1—. income——— income basis consolidated— share.— per net Combined the - not Boston Cincinnati Stock Exchange Detroit Stock Exchange 6,005,910 $4.22 i_ ,1— ____ 5,316,427 5,958,404 - Stock Exchange (Stocks)— New York Stock Exchange (Bonds) American Stock Exchange —_—202,513,834 179,726,024 taxes 12,033,128 11,322,337 income of Co. & New York 1956 • Net Copy a Manufacturing Co.—New President— headed who Page . (& Subs.)- has to and Malverrt J. according .. ACF Industries, Inc. .50 were machine; teristics.—V. face used $1.25 MISCELLANEOUS - yange with and multiples thereof to be ofrered first to stockholders, public, the stock, at par (five cents per sharer and the amount. No underwriting is involved. The proceeds are the at be to PUBLIC - $100 to notes, Price Corp., Whitlash, Mont.—Files With SEC— corporation of -then 1957 Corporation and Investment News covering 1,500,000 shares of capital stock and $25,000 of series A six year convertible redeemable development notes in denomina¬ 6'/a(% tions • N. Y., Monday, April 1, 1958, out not are 200,000 of less the net $7,500, outstanding. shares was to succeed to the business of The for so for 1, the long conversion any of set aside an¬ fiscal year, a shares of the common stoek Jan. 1955, 1958. organized in Delaware a to prior as on 21, predecessor partnership. is engaged In the manufacture and distribution, of entrances consisting. of aluminum door frames and uw- company aluminum glazed reserved share-for-share basis after Jan. BUSINESS—Company is required company Income than aluminum doors, designed primarily for conmercial, industrial, BUS. ADirl. *1 duction ventory. J. r', 1269, p. Crowell* corporation reports end of first quarter of its fiscal year. This is equivalent to chare. Adjusted for a capital gain distribution of 9c on Dec. the increase for the quarter was 3c a share.—v.. 181. p. i. E. 1381. ' u, Inc., 7.5C0 Co., & 17,500 Co. 9.500 Wagen'seller'& Durst, Inc. Walston & Co., Inc.__7_7 ; 1381. p. March 20 announced the production of two new chemicals—boron trichloride and boron tribromide—at its Los Angeles, Calif, plant. The announcement marks the first time boron tribromide has been produced on a commercial level. ' * ; V ' i Cost, of taoron trichloride in t-jnnage quantities will be at S1.60 pier pound as contrasted to the present market price of S3 per pound, -according to Daniel S. Dinsmoor, Vice-President for.-planning and /This* corporation on 5,000 7.,,boron 14,000 , . Killeen, Corp., Finance Federal Tex.— / ' ; development. * ' " ' " < Mr. Dinsmoor said the reduced price, was made possible by a semistatement filed with the SEC on Sept. 5, 1956.' rontinuous production process developed .recently by .the corporation's "covering a proposed offering of 40.000 shares of class 3 ccifnmon stock ipar $5) and 400,000 shares of preferred stock <par?-$5> in-units of /research department. . He said also that further price reductions are 10 prelerred shares and one common share at $55 per unit, was with¬ f* anticipated as production volume increases. ' •♦-.•■) drawn on Feb. 5. See also V. 184, p. 1118. . %. .V ■*♦. ; . •; . . ., t■• -• ■ , - / Announcement of the two-,new "products raises, to approximately 30 chemical's being manufactured by this corporation part of its long-range program of boron research and development. ; x/he number of boron Harold as a —V. Senior PaTtner of Boenning <fc Co., Phila¬ been elected to serve as director.—V. 169, p. 2413. 7 Scattergood, F. delphia. / . registration American Insulator Corp.—Banker on Board— ha* Pa., at American Motors Corp.—Wolf son & Romney in Accord the Board and President of American Motors, and I. at the conclusion of our two day meetings in Miami '" 011 March 19 and March 20, found ourselves in accord oh,the objectives of American Motors. • % • " •'.-••'•• ' < "The conferences were satisfactory and -productive./ On the basis of the programs we discussed.. Mr. Romney has expressed confidence that American Motors would be operating in the black early - in- 1953 and possibly sooner. ' V* •> "We had a complete exchange of ideas. He revealed his program to me in detail; I in turn, -placed a suggested program in Mr. Romney's hands. Mr. Romney has advised me that he is prepared to launch an immediate and even more, aggressive program in behalf of American land adjacent tc the Cyanamid which will be built on i-i acres of unit. be completed and at work reducing ywllution in the upper Raritan River early in 1958. Land for Cyanainid's plant has been leased from the Reading Co. lor a period up to 100 years. Land for the Authority's plant will also be acquired from the Reading Co. Details of Its acquisition are being worked out Both plants to March on companv '■",■• "I am convinced and satisfied that the programs integrated, and executed will bring American Motors to the forefront of American industry, where it belongs. . ' " "Mr. Romney and I will meet in Detroit early in April to discuss Motors. Explosives— Expand Production of Industrial Plans to This expected are revealed plans which call for a sub¬ of Its facilities lor the manufacture 26 this will completed, the program will increase explosives production by approximately 60%. when that "Based • Installed facilities - the in but is and This • will or . Mr. to corporate of ing ' used ! $3,180,060 funds Lehman borrowings 1957 19. the finance to had ' , government - in working and The EARNINGS—Net with approximately $125,006 will City. and in the development, be for the stock Common ' ♦ These March tional Bank company agreed, rent 50% €00 1956, V2 of a 1% one the and bear other things among subsequent to shares 300 Dec. of additional of 31, 50% or 1955 capital limitation of stock), than the and long so retained dividend distribution going provisions of •087 50 under the t Including a of the earnings at credit debentures and of with 12Yz unpaid 1956 are their trust shares note thus entirety and in the cents per of 1954 paid & Co. <the income has in the event to resDect Ball, balance. restricted the of have Carl J. entered M. Co. & Dain & Eberstadt F. as to fore¬ $169,- the conversion of. 10 cents per regular quarterly into an under- Co.. Reynolds 5,000 Co ' 1,400 I. 2,400 Stein Co. (Inc.) White, weld & Bros. & Co .__7 Corp. __ tures forth set The TO below Allison-Williams A. C. Allyu. 'Includes of option, On 25,000 11,000 3,000 $8.2OC.00C- all value) par * 300,000 Co Co., In£. 5.500,000 300,000 common shares reserved : for issuance 4,250.000 ; or shares ferred for a Apeco sold to consideration cash Lehman of Brothers, $6,250, an one option of to thereof (or to persons or who are-partners employees organizations all the of Lehman beneficial (or members in of A. pur¬ their & Co 1,000,000 Bateman, Eichler & Co. the or affiliates which is held Brothers interest 200,000 Baker; Shnonds & Co._ - Bell. • . Becker G. Inc. any part of Apeco families) ' •" ■ 1955. 'y ■ ; severally- below'have named v & & 300,000 Co., 5,500,000 ; 300,000 lnc.._ Blunt Blyth Elhs & & Co.. Burke 1,250.000 7,500,000 Simmons Inc B. Eonbright 300,000 & Co. Boswofth, C07 Alex. Sullivan & . Butcher & . 600,000 Sherrerd-*.^ & Central National Corp,_ 600,000 _ Childress' and CompiTLy 500,000 Childs & Co., Inc. 500,000 F. Chiles-Schutz 200,000 Co. .77 2,500,000 Co._7 1,250,000 Clark. Dodge & Co Julien Collins Courts & & 1,000.000 Co. Co - Dempsey-Tegeler & Co. Robertson Dewar, 300 000 Pancoast 7,500,00a Dillon, Read & Co. Inc. Bretscher - Dominick & Dominick& Elkins, Co. Co. L. 5,500,000 500,000 -J* Emerson ' Stokes Morris, Emanuel, Deetjen & Co. H. * 200,000 2,500.000 500,000 Doolittle & Co.— Drexei -1 Noon- Inc. an 300,000 •^500,000 & < 8c 600:000 Co., 200,000 . — Inc. Brown - 1 200,000 & George D. £c c MacDonald, Dixon Co. - Gouinlopk , Davenport & l,oG0,000 Eartow Leeds 25,. 1957 except immediate 1,800,000 Baud & Co., Inc. exercise of 25.000 of the authorized and unissued com¬ at the price of $14 per share on or prior to March 24, 1959, at the price of $15.50 per share thereafter and-on or prior to March 24, 1961, and at the price of $17 * per share thereafter and oh or prior to the expiration date of the option, March -24,. 1963. Unless exercised, the option shall terminate as to 8.333 shares on March 24. 1959 and as to an additional 8,333- shares on March 24, 1961. The option provides that it may not be trans¬ mon Co Robert W. 800,000 shs. upon y C. Amps & Co., Inc. 1,250,000 & Strudwick-,. 500,900 Bache & 7 Outstanding "1,000.000 shs. - ( 1 and operating total 4.25O.G00 v_:__ -..Corp. viz: March chase ($1 $100 ' other with' $814,883,000 in compared underwriters Securities American PRESENT FINANCING Authorized shares Common V principal amount of deben¬ opposite their respective names: Co._—7 & A.' E. EFFECT stock of Telephone ... Allen 11,000 GIVING $2,219,986,400. 1 shows 1956 V. — Anderson CAPITALIZATION " Tele¬ American American \ - . . of for $922,395,000 was Almsiedt Brothers :< 1 . ., $5*825.298.000 \ compared with ' $5,297,043,000 in for 1356 before interest on funded debt and deductions- Morgan Stanley 2,400 7—_v._: - agreed Ao purchase from the company the 2,400 Straus, Blosser & McDowell includ¬ and use this financing, statement subsidiaries telephone 1.1955..-"'.'" 1,400 • to * effect to consolidated 5,000 Boyce_ : income interest Webster Securities 2,400 Co & of revenues -2,400 Stone to ' principal Total - ' 2:400 * " proposes - UNDERWRITERS - _ — Co & Co & 3,000 107.214% - company value. ..its ' 2,400 5.000 Co & Stix 11,000 Co.^——1_ & Simon M. 1 400 1,400 Co. Mac.— & 7 5,000 . & &" Gardner.-'— Siiberberg Haupt & Co Hayden. Stone & Hentz Reinholdt 3,000 & * . EARNINGS—A —i .5,000 „„ ; Ira H. Curtis 2,400 .1., Goldman, Sachs & Co • Webber/Jackson Paine, Inc & —1.' Co, & Co.j, Co., & 1.400 "J_a— McKelvy 2.400 Burnnam - Lbeb,- Rhoades 1980. PROCEEDS—The par 11,000 Newburger & Co.—i—7 Pacific NorthwestJ CO.— 11,000 Inc Co.—— M. Co. 2,400 Inc. Co._ & ' at J J 100.40999 » ' •* • bid 106.714% to and including March 31. 1960, and decreasing to the principal amount after March 1959, prices CAPITALIZATION—Giving Co.—., 3,000 & at bv (jointly), Inc. Co. redeemable be represented group phone &- Telegraph Co. will have a total funded debt of There are also outstanding 62,893,889 shares of capital 5,000 Freres 31, telephone plant.. 1,400 Newton Lazard debenture.* will new & the net proceeds from sale of the debentures for advances to subsidiary and associated companies, for the purchase of stock offered by subscription by such cennanies and for extensions,, additions and improvements to its own - 2.400 Hutton .&•Co:-"— E. A the -. number Co Johnston,-Lemon 11,000 & 6i a March 31, received. was and Halsev. Stuart coupon rate'of 438%. t.here'V'ter * bid Corp. Th* follows: Brothers July 1, 1956, involv- was on First with divi¬ as are Telephone sale The other One - on the and Morgan by new Boston / shareholders of (April It. to Debentures — debentures maturing in -34 years. The debenture offering was quickly oversubscribed. ; ing nuarrevlv a them of each Lentz, 2,400 Sullivan 1957 1, Hirsch 5,000 Co.\__ Becker & Co. Bosworth, declared underwriters by V/. Co—" <Sc July Hill 5,000 Kraus & & share a Co. headed group ing, 3%% Shares 40.000 2,400 underwriters, for a G. A. Con¬ Writing contract with the company and the selling stockholders, wherein most recent 7 7 Shares : Burge to Telegraph & underwriting quarter of a billion dollar sale of straight debentures by American Telephone within the last three years. The , totaled 1956 30, $2.09 Nov. equal has the of purchased Baird & Co., W. Barth J. all share thereafter. Representatives) payable Bleich- Calitornia indenture. das directors names be to Co & First UNDERWRITERS—The underwriters named below acting severally through their representatives, Van Alstyne, Noel & Co. and Croweii, Weedon - A similar payment is beiag made today roeder. Inc. of bank under initial dividend aiKl S. Holyoke 25,000 shares reserved for Issuance upon exercise the Restricted Stock Option Plan. an share, "Company and $1,567,230, of Brothers & ended year ' , Ellis. sum amount the reserved shares common cur¬ net to QUarter of any 31, In the 87,719 DIVIDENDS—The company paid ■dividend is agreement provisions maximum of pursuant Dec. substantially the ' options there as will sharps outstanding prior to issuance of the 50,000 board a Allen Argeement, lending $36,500 (c) shares 14, 1957. Lehman 647,860 shs. consolidated" net of (however, cents 20 Bear,-Stearns capital.stock of the company held by certain officers <267.at Dec. 31, 1956) to pay no dividends thereon while held officers > . 50.0C0 Telephone - 1150. p. Company comprising 133 investment firms offered for public sale on March 27 a new issue of $250,000,000 28-year 4%% debentures, due April 1,1985, at 101.214% and accrued interest to yield approximately 4.30% to maturity. The underwriting group was awarded the issue at competitive sale on March 26 on its bid of 100.5399% for the indicated coupon. This is the third Chicago. in are offered. • •• shares such solidated of 1,170^000 less not income net the during UNDERWRITERS—The of Outstanding $2,716,984 • daily average unused standby fee. The company at sales company 2,400 maintain consolidated worth agreed to waive the fixed quarterly issuance of the of common shares record June earnings accrued subsequent to Nov. 30, 1955 plus $1 600 <b> to limit payment of dividends to accrued by dend the a and 750.000 Robert of met $1,100,000, respectively, lesser of $36,500 quarterly of of as fa (to net • the of sale of excess & Stanley was copies DIVIDENDS—The were and consolidated the • in ultimately represent that t^ese centers will $50.000,000.—V. 185, commented American 1- Apeco sells its products through approximately 190 ODerating from sales offices located in Atlanta. Boston. additional and Security-First Na¬ at 5% per annum. .Tire interest annum per " -, from proceeds Headquarters Bache V-Loan Credit year company $3,300,000 not borrowed 1956 assets and Che >» the FINANCING. t2,850,000 shs. between Los Angeles, of pays of the amount has 31, 1,170,000 $1 notes are issued under dated This cities.. Epstein investment Offered—An the sold for offering company single $12,168,167 engineering 31, Authorized 1967 due value (par Dec. PRESENT TO $3,300,000 debentures stockholders. certain EARNINGS—Net earlier. year *Notes payable to bank convertible ended year a EFFECT • 4 C. D. 30% to industrial." medical believes that the commercial company $265,013 GIVING being is pet- represent Cleveland, Dallas. Detroit, Houston, Los Angeles. N°w York Philadelphia, St. Louis, San Francisco, Seattle and Washington, Arnhold earnings compared balance the and shares . its products will expand with the growth of automation industrial, medical and commercial applications of computers CAPITALIZATION of feredy 50,000 areas other Mr. equipment. salesmen process-control systems. ♦376,128. The shares Julius stages and by Chicago, approximately and customers. its will be for market and wider • agencies commercial and of underwriters headed stock" is priced at * $13.50 Inc.—Leasing Agent— According Equipment Co.—Stock Offered— group a coin- Draper and Kramer, Inc., as leasing and managing American Shopping Centers, Inc., was announced on March Epstein, President of the operating organization for 21 for by ning 1150. p. sash storm presently functioning, under construction, or in plan¬ throughout the country. ..,,•' to Mr. Epstein, Draper and Kramer was selected because of a wide experience in the field of developing and operating shopping centers not only in the Chicago area but also in other parts of the country. With offices in Chicago, 111.; Minneapolis and St. Paul, Minn.; Milwaukee, Wis.: and St. Louis, Mo., this company is strategically located to enable it to' operate these shopping centers, he said. Six of the centers are located in and around Minneapolis, Minn. Three are located in Wisconsin. Others are in operation or are being built in Rock ford and Decatur, 111.; Fort Wayne, Ind.; Hialeah, Fla.; & Scott. My that company do of ar.d screen . shopping . President and assembles photo copy equipment for the repro¬ of letters, documents, memoranda and any other type of written, printed or drawn material.' It also sells under its brand name the photographic type paper and the chemicals, used of and screens, Appointment of agent 25 BUSINESS—Apeco duction - American Shopping Centers, . capital to finance accounts receivable and - inventories. 7 ing electronic, electrical and nuclear components and equipment. The market for the company's products are all brauches •of the Arrred Forces, other government agencies concerned with the defense program, major aircraft manufacturers, research centers and many of the leading manufacturers in the electronics field. In 1956 approximately 70% of total sales were to military customers and • the the by proceeds engaged is used aluminum ponents. for general corporate purposes. Continuing increases in sales of products have required larger amounts of work- of production by PROCEEDS—Net be acquire BUSINESS—Corporation and 185, Brothers. of Screen Corp.,. has recently been formed lrt and Latin American markets to make and Metal Florida the serve " Merritt-Chapman to quickly oversubscribed. testing equipment in establishing a testing laboratory. The balance of 60.000 shares are presently outstanding and are being cold for the account of three shareholders. to used 1 occasions, Is of the Board financing new carry¬ company increased 26 Of share. to finished sell become a member of the board, my prime business devotion, as I to tne because honor Romney."—V. $350,000 of the Approximately these reduce March of provide to requirements. to As inventories. larger capital necessitated increasing which has Miami •an the sale of 130.000 shares will be funds to be available for general company's backlog of unfilled orders and been have business borrowed • The purposes. of volume company's the this Chairman March on proceeds from general PROCEEDS—Net ndded • 350.000 shares and of . invited American Photocopy writing group headed by Van Alstyne, Noel & Co. • door hardware to sliding Plymouth. A new subsidiary, that fact Offering of 200,000 shares of common stock (par $1) of this company, marking the first time its shares have been made available for public subscription, was made Offered—An under¬ and Crowell, Weedon & Co. on March 21 offered 190,000 shares of $1 par value common stock at $11 per share. these < the bv any to an American Electronics, Inc.—Stock During 1938. confidence that American Motors will early '58, my stock and that of my family Romney at the next annual meeting of stock¬ Mr, has previous on as account 1 , American the represent - World War H. the company made almost 4,000.000 and in L945 acquired additional plant'facilities and its aluminum screening products. The company has manufacturing plants in ,Miami, Fla.; Chatsworth. III.and El Monte, Calif.; warehouses in Plymouth, Ird. and Carteret, N. J.; and regional sales offices in Houston, Atlanta, El Monte, Carteret and in added permit me to serve on the American Motors board of directors, other outside board. However, because of my deep interest in Motors, I have offered my assistance, advice and counsel not that when com- screen mortar shell fuses, Romney's for declined I stated Include improved materials handling designed ammonium nitrate department. newly a expected Castle finished aluminum screens, screen, screen and contracting building in confidence My demonstrated to our holdings holdings. added to thereof. execution practically February. Romney duties approximately 280 people will be employed ot plant reaches full production late this year. increase over last year of 27% in total em¬ ployment at this location,—V. 185, p. 1381. f It New in "Mr. These area. wire and storm sash components for the window, trades, along with the Har-Vey line of slidca-foUji and sliding door hardware. , ,7 -7. 7 '-7 American Screen Products Co. has been making finished aluminum screens and frames for the building trade since it began .operating and ponents. profitably in voted be holders , Mr. on operating will add to the and most have I and continue be is Motors family my Atkins, Manager of the E. aluminum shield • further program American company's Organic Chemicals Division, Cyaqamid's, an¬ nual Tne program Is expected to be completed In September, 1957. The company is one of the oldest and largest manufacturers of 'Industrial explosives in the United States. It operates two plants at Latrobe and New Castle, Pa. and maintains 34 magazines in 15 states. A substantial portion of the new program consists of rebuilding and expanding the 535 acre New Castle plant- which was heavily damaged late last year by an explosion in the ammonium nitrate department. Ten new buildings are being added at New Castle including both replaced facilities and new construction. Warehouses, the maintenance shop, shell house, laundry and other buildings required for raw materials preparation will be of steel frame construction with alumi' Hum siding and roofing. All buildings being erected in the explosive production area of the plant will be of wood frame construction. When completely rebuilt, the New Castle plant will be the third ) largest explosives manufacturing plant in the country. It will have total floor space (in all buildings) of 160.000 square feet. Many new types ot equipment, involving new methods and processes will be V. Vaid .»•' - , expansion and rebuilding Industrial high explosives. stantial ities -George Romney, Chairman of f Aluminum Screen Kits, developed and man¬ have been added to the do-it-yourself con¬ this company by Reynolds brand name, as-well as the.-company's vast marketing facil¬ and know-how, are expected to achieve great consumer acceptance for the screens. •*.*•; ■,,'•• u, •' :- ■ • ; John D. Foskett, President pointed out that American Screen Prod¬ ucts would continue manufacture and sales of trademarked Home- March 22:. 7 issued by Louis E. Wolfson on Elmhurst, 111.—Contract . , The following statement was ■' - .. products-line marketed nationally by. Reynolds Metals Co.; Louis¬ ville, Ky., aluminum manufacturers. ' ■. 7 7 , - • •• iAmerican Screen Products announced that the Reynolds organiza¬ tion would handle advertising, merchandising,' sales and distribution of the Homeshield aluminum screen package. -The, popularity of the Organic kplant of of cost estimated an . sumer and operate natural gas facilities in Louisiana $1,481,130.—V, 185, p. 817. / • ' 7 to construct authority Chemicals Division. When completed, the plant will be one of the largest biological industrial waste treatment plants in the world it was revealed by V. E. Atkins, Division Manager. , , The new unit will further treat and purify tne company's wastes before they enter the Raritan River* and give secondary treatment to the domestic sewage- of three, neighboring municipalities Sotnerville, Raritan and Bridgewater, N. J. The latter are banded together as the Somerset-Raritan Valley Sewerage Authority. In a simultaneous announ ;e<nent, Freas L. Hess; Chairman of the Somerset Authority reveaiethat the Authority expects to begin "construction ir> June of itr interceptors and its primary treatment its - Homeshield Easy-to-Make ufactured Commission has granted thjs company temporary The Federal Power officially broken on March 27 by this company for a new $4,500,000 secondary sewerage treatment plant to be erected on 58 acres at ground adjacent to the Bound Brook (N. J.) Works ot was 185, p. 606. American Screen Products Co., Pipe Line Co.—Adds Facilities— Louisiana American New Plant Cyanamid Co.—To Build American ' , The . Ground Chemical Corp.—New Products—■ American Potash & 7.500 & Shearson, 14.000 that agreement . r_—, Hanunlll 14.000 — Registration Statement Withdrawn— Britzke has been elected President of ^'° sub£ldif.ri5,8,7I Container Corp., Maynard, Mass., and Pittsburgh Plastics p. Shepard Prescott, 17,500 ' Lemon & Co.~- 185, 5,000 Curtis ____7.7— 7,500 Co.— — persons) Apeco option ' $^.77^ per 28, 19u6, Corp.,'West Pittsburgh, Pa. William C. Stolk had served as.President r.nd Mr. Britzke as Vice-President and General'Manager of the subridiaries since their purchase by American Can Co. last Fall. V. 185, Paine. 9,500 Co & American Leonard A. Hradlev & Co & Co.——__ Webber. Jackson & & Co.7——._ Hutton F. —-V. President of Units Co.—Britzke Elected American Can 5.000 Shares • 9,500 '' v Morgan & Co Goodbody Johnston, This 23.500 Emanuel, Deetjen & Co.— / Shares, Inc.—Assets $28,000,000 net assets of $27,931,344 on Feb. 28, 1957, American Business Co.— Eichler Bradford & C. Lester, <k Dempsey-Tegeler - ,' 23.500 & Monday, April 1, 1957 .. at ihe timj of such.tra-efer.- Lehman Brothers has it has acquired tbr> '*'«n for investment and provides that / a. s>r' '\e extent that'the optionee shall purchase any. sbafes i. •'ceby, such shares will be purchased and held by. option*v in* jstment and will be carried by optionee in its investment portfolio and optionee will not -purchase any of such shares with a view, at the time of such pur¬ chase, to any public offering thereof. —185, p. 1150. such advised the * "J Ryons Co._ Co.— Weedon Bateman. J. Inc.-— 25.000 5,000 Co., Inc.— Hilsman & Co., H. <Sr Space Lane, Johnson, 185, —V. v Shares ^ Shares of common stock set forth below: Alstyne, Noel Van each underwriter will be a number of shares oi said UNDERWRITERS — The obligation of reveral obligation to-purchase a specified etock as follows: of shares the num¬ and ber I order. special sell by agreed to whereby the company and the selling stockholders have the underwriters have severally agreed to purchase and Approximately 70% of its pro¬ which it cairies iti in¬ Approximately 30% of such production is custom maae to and institutional buildttw^ consists of standardized entrances school Financial Chronicle. The Commercial and .07^3 / // LIBRARY (1510) 500,000 Sons— 2,500,000 Eppler, Guerin Turner, Inc. » & — 7L { jSOO.OOO j Volume 185 Number 5625 ... The Commercial and Financial Chronicle . (1511) Estabrook Fahey, Co.-.:- Clark Fauset, & First or B. Hibbs Inc. - & 300,000 Mid-South F. l,2oo;OoU - 7,500.000 & 7,500.000 R. Partners Ltd., •Hornblower E. F. W. & The & Hutton Illinois & Scott Chas. F. <>00,000 & Co., Stroud Kubn, Loeb Laird & -Lozard Lee Co.__ 7,500,000 Wagenseller 600,000 Inc. 7,500,000 ___ H. 200,000 Brothers erle, "* G, Lyons & Co. Weeden Marks E. McDonnell Mead, & & 165, & & further 200,000 & Co., Hess, Inc. of the of two Left Board 17, and 1956 In for 32,000 that that the present library for showing has The Warner 800 physical shares, Artists Unlike the films into TV most well as package Since and then, theatrical of the its Mr. Chesler further 300,000 favorite 200,000 Associated Viscose Corp.—New Uses for Gasoline f and films films, feet of "The as "The Wolf" TV by Net — 1,433 stock shot rights, Treasure of Licenses will mechanism - for According to the shuttle liquid or loom it of patents power-driven on today by Development. Patent patents, No. 2,784,743, Dr. Associated distribution include 337 rights cartoons Worth March on for shuttle V in the rose 'with shuttles •Wade, the looms of S. U. Census by shuttle new there will It fabrics weave driven which loom. wider than conventional be can Lureau.—V. 185, be which sticks. In in 500.000 possible those picker incoroorated abcut are also According today Securities Securities and The SEC company covering ($5 1956, at the for March 60,600 without filed of of letter a in With Files — notification stock common underwriting,' The be to the proceeds at. to are first used This 25, be to with the SEC for for on "best a which it efforts" will basis receive a by Incorporated; APA, commission of 25 Tne corporation engineering , organized and be with and engaged managed in by business the services APA, to oil of and Incorporated. According the pro- - spectus, * the dividual and ventures. and -and programs the reduce The his programs equipment designed are Federal tcx to advantages retain of by spreading his funds over provide centralized management, purchasing facilities. Plank Raymond the for co-cwned risk 1 The the proceeds to is be leases in- of outstanding 279,586 offering, $50,000 of common this purchased; for the has now $150,000 present will be future and of used drilling to the purpose of financing tangible timing of income from depletion allowan-jes. as shares. common stock carry of APAF inventory an and programs; completion the properties so as been made The , Steel the Of balance and controlling increase produced record a amount steel of in 1956, increas¬ tion of additional nearly tons 7,000.000 to share 1956 in in Included company's - -sale of in will increase the company's to $65,593,182, ingot total capacity ingot capacity by to were slightly number the history, $6.05 or of shares earnings was less a share than of in which equal to $6.03 1955. those common figure, $2,979,371 in in a share, earnings per because 1955 stock was The of stock, highest On account ©f been the non-recurring top, bottom assist the forehiost than cars .of in In the rate of offico.-4v. i, that drop of B&O exchange, ! 2 000 of type used largely freight in malntainin-' its carriers. hopper cars as part types.—V. 185, p. 1270. of Pennsylvania—Earnings— " 1957 jggg $29,179,794 $25,845,850 20,233,257 18,818,696 3;559,10O 2,709,200 1,247,957 ZZZ-ZZZ 1,381,010 $4,006,427 3,465,484 " - O. Corp. have Back Bellanca is Nelson Co., informed 96% the to prepared bankrupt St. $3,069,997 2,610,609 * of Capital Federal bid for Louis Court 96% (Mo.) it to holds whom be a Graven which he it controlling interest of Federal will rule sell, may District whether and in owned has what set is seek¬ shares, Washer.' a hearing Washer conditions at the which are the Automatic Court Automatic under of plumbing of sell can the trans¬ made. Seydel, heading a group of Davenport, Iowa, businessmen, has a bid of $600,000 for the Nelson stock. John L. Wilson, Vice-President of Anheuser-Busch, Inc., who bid as an in the significant Another the "If opening drilled wells gas and oil one for bonds redemption due plus Nov. accrue^ Hanover Bank, 1963. interest, 70 1, next, the to Nelson Broadway/New York 15, - to out date Y. -a $60,943 expense;-—_______ 37.3C2 34,459 $29,158 for income I. depreciation, been of records 10,139 10,593 5,037 President, in S9.O86 March on earned also 15 account surplus as holds now a show that the present from the losses manageniert. money Bellanca then Corp.—Registers With SEC— filed registration a statement with the SEC on expansion program that will include the construction and research facility was announced on'March increased demand for products, including meteorological and aircraft flight electro-mechanical missile components, and closed circuit the new building construction 185, will according add 66.000 to LeRoy square D. feet Kiiey, of the the most G. $13,862 July History— Clymer company best Net in balance of $164,594 in and net These 1956 its as of President, wholly-owned operations amounted income the plant area. Co.—Reports Best to 185,-p. subsidiaries 25 has announced compared to compared to in 1956 equivalent about has that experienced in * the 1556 its history. $19,051,512 in 1956 were company $22,000.000.—-V. predecessor in March on $770,771 to was earnings compaied Currently caused has by 100,000-square-foot 1 Brooke, year sales 1955; $4,747. management of has 31,, 1956, present Birdsboro Steel Foundry & Machine announced: of the to 1383. p. Year in 1,500 $13,833 recover now to Nelson. Sep¬ borrow engineering said —V. 529 taxe$l eliminated, and this corporation in to March, systems such as the Liunicon, division's General Manager. 1955. "The the Johnston, purchase Nelson division's •'modern $25,955 etc — deficit to stockholders for Reportedly this company's Friez Instrument division.. new facility is being built to meet the The tiie Paul from arranged $26,484 149 $29,009 depletion, stock Division to Expand— new He $66,460 paid, dry holes, abandonments, etc. for Nelson's Bellanca nioney to Bellanca. 1957 Friez f2<» »W 1956 1— general In corporation 22, •TV Profit— 1957 of repay loans incurred declare a dividend of the note. A million-dollar •of the Tulsa, Ok la.—Reports to expire, and his attorney plans to re-enter the bidding. covering 288,264 shares of its $5 par common stock, to be offered for subscription under the company's Stock Option Plan for officers and key personnel of Bendix and its subsidiaries - Corp., 96% Bendix Aviation March of N. no $3,598,155, which would have can¬ 1956, Eellp.nca sold its interest in Nelson Automatic Washer in exchange for 950,000 shares of Automatic Washer common, giving Eellanca control of Automatic Washer. Ownership of the Automatic Washer shares is now being disputed in a, Chicago Federal Court, however, by Bellanca and Bankers Life & Casualty Co., Chicago. ("Wall Street Journal").—V. 184, p. 2322. < redemption has to 100:V7< at purchased used celed rental $148,000 Payment, $550,000 Lellanca bad was 1956. in 15 wells resulting^ well.—V. 184, p. 2730. May on 1, of Wilson Mr. was of a rental equipment yard for off-shore drilling opera¬ participated or offer Nelson, Bellanca 44'7 ' in¬ a his that Mr. tember, 1955, for $4,850,000. $3,600,000 and to re-loan the Marine stock July, indi¬ allowed Louis submits a higher bid, I am prepared to submit another Seydel said in Davenport. Commenting on his group's bid he added, "I look on this as a business opportunity. The Nelson company has had a fine past, and there is no reason why it shouldn't have a fine future." im¬ 'was Prince to St. for • Oil's in has 18c a to per as approximately share in $12,046,840 $281,533 43c per in share 1955. backlog of unfilled orders in excess of 1383. • , "The book "The net loss fiscal -provision value of the net assets is now $1.51 per for income- taxes being made this year."—V. Black Ilills Power & LigJit Co.—Stock Offered— •Dillon, Read & Co. Inc. headed an investment banking group which is underwriting an offering of 34,377 shares of additional common stock by Black Hills to its com¬ t share. 'carry over' creait to income became exhausted in the July 31, 1956, and accounts for the greatly increased ended year 184, p. 2834. Construction ■completion The Bag - with unit Kraft a will processing of pressure, for' the mon highest temperature chemical pulping process is nearing Kraft Hodge, La., it was announced on March 7 by the is building the new" unit. is a 300-ton recovery boiler for the Southern Operation Designed .outlet, highest built ever installation Advance sion in which company, the of boileb recovery Wilcox Co.—Building Large Boiler— & to Continental at steam generate liquor pulp —V. of operate final 1.250 Robert Co.'e Can pound temperature 900 185, p. Divi¬ superheater Fahrenheit, be capable of degrees 148,000 resulting Gair the at pressure of pounds of steam and from the production of 1382. will 300 tons per day ;act in to stockholders. Dillon, Read & Co. Inc. will also dealer-manager of a group of securities dealers soliciting the exercise of subscription warrants issued as stockholders. The subscription warrants evidence rights, expiring April 9, 1957, to subscribe rfor the new stock at $22 per share, at the rate of one share for each eight shares held as of March 22, 1957, and give holders the additional right to subscribe at the same price, subject to allotment, for shares not taken preemptive upon Baldwin-Lima-Hamilton Corp.—New Contracts— Two new luxury passage-time liners between that the will United cut seven days States, and from South the round America will cated exercise of the preemptive fights. trip be I ho in western proceeds loans company, an electric utility serving an area lo¬ South Dakota and eastern Wyoming, plans to use the sale of these shares initially to repay bank to $600,000 which were obtained primarily fcr tho from amounting fn fluctuations » to 46,000 all v that N. Other Countries, $67.00 per year. the P been advanced construction ——______ I . NOTE: has PROCEEDS—Th.a in income from the the company's interest in Consumer's Ore Co. early in the year. Canada, $63.00 per year. of at can in bid," doubled an outstanding. the Charles commodities. will more freight Iowa, 6 Glenn yards equipment needs of development during supplying profit the 1956 amounted $64,350,609, the which bringing tons. Net earnings in compared Increase facilities, annually, covering bulk nation's Bellanca claims the *' capacity by 800.000 net tons, or about 15'/, according to the report which was mailed to stockholders on March 24. By mid-1959, the report stated, Armco expects to complete construc¬ for " annual •750,000 still April $718,706 by permissible costs to ing its * states, was called Oil rentals Net Co. of the "onen - Judge Henry N. and,- equipment attributed are supply equipment Oil The and Provision a Corp.—Capacity Increased—Sales Rise— corporation to amount at Babcock Armco said, 1750. p. Reserves such be devoted to general corporate purposes. APAF Co. is another Apache Oil's wholly-owned subsidiaries. It is engaged in the business purchasing production payments from program participants for the Mosser interest .income accounting listed is nearly outlook Exchange Net will of have "The corporation La., drilling many bids taxes_______ taxes trustees for 23 ... Associated Stock income Net director. ., - drilling participant ventures for operates 926. p. stock This Operating programs to > " expenses vidual, to $4,845,102, from the company's oil tool this division operates 11 equipment added, City, and drilling plant Six Months Ended January 31— per leases providing gas succeed once such Exchange.— reduced long-range Houston. Mv. to Associated 183, Lease is geological Mosser principal Gross .share I depletion was a.substantial of American a cents to President, who concern. Tim • on covering 50,000 shares of its S2.50 par common stock, for public sale at $6 per share. The shares are to be sale subsidiary, eoual' properties, company's of Co., year-end, Atlantic statement 1957, offered offered registration a and " instruments, Exchange Commission— filed in the completion of eight the ■ . corporation March the acquisition mortgage. 3:,i"/? —V. and At' 1956 Oil Corp., Minneapolis, Minn.—Registers With Securities that Fxoloration iovenues, Mr. There . par be President Board Automatic Washer Co., Newton, Iowa, undergoing reorganization under the Federal Bankruptcy Act, ing Court permission to sell the stock. Bellanca and all Atlanta & Charlotte Air Line Ry.—Bonds Called— the with offered will Apache the & in the of working capital; and notes tions. Spokane, Wash. 13 shares by Morgan Exchange Commission—. on share), per Co., the Board. operating income charges supply share. a and investment five In Anchor depreciation cents major oil-producing producers and. contractors. 1150. p. of January— income capital Profit— ?':rn5.473, ' noted ' for crease in of $1,887,928. -division." existing to Stock is • cars. the now 91.000 Attorneys Des Moines, cents a 1956. This compares with a net loss h. '-.ft lviossc-r; President, who noted to bonds on while year, .nuixig or 88 trading on Improved earnings, Dr. to in or the Drilling woven according American Ca.—Reports in^nm" before $2,281,829, Mosser listed power- be can looms new use with elected of asked be revenues said -W, v-c income indebtedness proved third invention now pending relates to time-delay mechanism for power-clriven shuttles. The use of a power-driven shuttle is expected to eliminate about 25 moving parts on present looms, reduce the vibration and increase the to by Mr. „ A of 1956 during 'the the speed driven. shuttles to cash net Total , * •greatly Gas & .</i/i>, .i. - that for use Oil rano-^e >1" share for the year ended Dec. 31, 12, driven by means of a fluid propellant such as gasoline cylinder is located at each side of the furnishes exploding the on , shafts-r Ingalls submitted Associated „ Wade, — issued listed 30 to 2438. p. Stock 2438. p. will one-of of 135, action is timp . Executive the compression cycle and actuates the gas. This invention is expected to provide a gasoline in the textile industry. lit an earlier patent, No. 2,682,895, the shuttle is driven by solid ^explosive charges fed to the shuttle propulsion unit by use of a paper tape. spark non-automotive 184, shuttle is small A basic announced was the loom a the under corporation's one of gas. and offered looms, the of manager be 184, Bellaiica- Corp.—Seeks to Buy of N. O. Nelson Co.— Sierra of Robin Hood," "Story of Lpuis Pasteur." theatre Shipment after V. film. Adventures the and trip ihcorporsxte short as "Looney Tunes," "Bugs Bunny," "Porky Pig," "Tweety & Silvester;" and "Pepe Le Pew." In addition, 234 "Popeye" cartoons, both in color and black and Artists has operating Net5 involving diversifica- owns Associated V. Explosives Seen in Powered Shuttle for Looms— fleet Other white. American as Federal characters "Daffy Duck," Moyer April.—V, been the hopper cars B&O Operating 'Operating ' feature also encompasses line. said, This, company has along with 'other use of the films. held of Belf/Telephone Co. other rights 19 Penn, formerly Vice-President, has Vice-President, succeeding Mr. Wolfe Month of film library sales, where only TV rights were for a specific period of time, Associated Artists was able to acquire the Warner Library in perpetuity. That is, all Warner Brothers' rights to the films were* transferred to Associated Artists. Other has Chairman capacity The _ granted 4,250,000 in carry coal, ore and other Tlle proposed construction company contracts for 12,000,000 as Rhine," £ea 777 some such are the on Wolfe company -position Corp. Produc¬ by Pressed Metals. the company's next meeting the will be available and that the board library consists of in 4,250,000 Co. to surviving $7,000,000 in at television. on entered silent completed and E. The new that company stern' tube contract Baltimore & Ohio RR.- -To Buy New Equipment— the common business round 1382. p. 70-ton formerly conducted that and figures "Watch Co., ________ 185, it tele¬ Productions Associated Division's formerly Chairman rExecutive time,- establish a dividend policy which will be In line projected progress of the company. , > ■ • July, 1956, the company acquired the pre-1949 Warner Brothers In be to Works five Theodore Crane, Chief for The about Artists to name films and ago with the Ports, . four-for-one, America,* Inc. years Inc. from American ' Baltimore Gas & Electric Co.—New President— The Associated its stated "Johnny Belinda," "The 1,800,000 Co. propeller, J. money meeting April picture ' ,, ,. Madre." 200.000 Strut-bets' & Woodard-Ehvood & early business of Steel -re-elected stock week South . flowed International spite ;of features. - full a >. 1038. common annual motion Metals P.R.M., changed Included 7,500,000 Wood, 1.000.000 Co.___ and 300.000 Co & six Drainage in p. , , Standard <fe Metal substantial gains Arfnco 185, defense .expected profits $22,000,000, and fs currently negotiating tion and expansion. & Co Gundy and national Drainage < was 25. Pa., will buiUTthe propellersv The ships, which will cu6 between U, S. East Coast and standby . sold were similarity-with subjects, 1,250.000 1362. p, & Th6 up-to- the - 200,000 <;oo,ooo Woodcock, —V. Sons Co. Si Weld held. plants , Inc,_ Witter Wood. 600,000 Co.___ Co Miller Wheat Doan 2.500,000 Inc. Masten C. Co. tho r Armco about , 2,500,000 Gibson. & White, & , Mason-Hagan, A. J. 200,000 M. & by world.—V, distributes named quarter earnings at the & Geruldsen Webster 200,000 the made before. ever sales to Pressed ■ no Film 200.000 Co. Co, walt A: Co Laurence & shares $50,000,000 Armco - - 360,C00 Wallace, 200.000 Lundborg & L. MacNaughton-Greena- , Wainwright Walker Texas, ; Chesler,' Chairman which Metals was P.R.M, Chesler first 7 200,000 "walker" &~ CoZr Joseph in ■ Chesler* emphasized will, Durst, _• C. H. than the Inc." acquired assets year with & 1,090,000 & ■ 10r a Corp., manufactured of Louis . successor shell has • 500.000 Co._ & Inc. Irving W. Noel the by Artists, Pressed Mr. -& 'Co;1 5,500.00!) Lucas, Eisen & Waeck* Alstyne, of Mr. 200,000 Van each known." subsidiaries, highs parts tions Corp. * 1.800,000 Livingstone, Crouse all 7,500,000 Inc. 500,000 for arranged commercial now market new Officer. F.R.M., Last Se¬ Cart-vright Corp.__ Legg assets cash, 500,000 7.500,000 Houston, capacity, keep the report said. International products many announced •corporate & Tavlor, Rogers & Tracy, & Co.___ Higgmson R. 400 000 not Armco steel established in is principal and vision,-is* the 7,500 000 2,500,000 Co.__ 7,500.On ) . tLehman Swer.ey, 600,000 Co. Co,_ Co., Corp Freres & Co;__ John.C. S. & Co.._ Corp. Co., Inc & share one a'group construction Associated 606,000 Webster curities 000,000 . Peabody & Kirkpatrick-Pettis & with utilized More the was: 1,250,000 Stone Co., Inc.. ■Kidder, Co. & Staats > be Inc. Executive CO., Inc..L.J. & R. of The directors have proposed to split-the subject, to approval of stockholders at the - 500,000 & Barney & Smithers & S. William 503,003 Kidder Hammijl Agnew and Associated Artists Productions Corp.—To Split Stock— , 300,000 - & Smith, Space Incl__'__ Joseph, Mellen & Miller, Inc.! ;—! 'i M. 500,000 Co. & Scrantoa Shaman, Ky., Austin 500,000 500,000 , rate -the- corporation company's -shortages 1,300,000 . the 1956, will again Stringfellow2_ W. Ashland; March on The ships are now being built at Ingfclls Shipbuilding Corp., Pascagoula, Miss., for Moore-McCormack Lines, Inc., at a cost of $25,000,000 each. They are part of a $330,000,000 shipbuilding program — thb -largest ever undertaken- by an American flag shipping company. 1 Baldwin-Lima-Hamilton division contracts amount to more than $500,000. Its Standard Steel Works Division, Burnham, Pa., will sqpply complete shafting, including liners, nuts and bolts, on a contract for more than $380,"000. <The Eddystone Division of B-L-H, Eddystone. 600.000 Co._ & Stiver & Shearson, 1,250,000 1,250,000 Kolman Roney Saunders, -500,000 Co. A C. in 1956. ■into Co., Renshaw 5,500,000 Johnston, Lemon & in 600,000 Bat, Lane, Co., Win. 1,250.000 , 'Johnson, & at provide Products, 2,500,000 • announced " by agreement The ■ 200,006 4,250,000 200,000 5,500,000 ___ Inc.._ & Rice & at working .capital, credits Gardner! equipped with propellers and shafting made by this corporation, it to of banks. The agreement •together with a similar one previously negotiated, makes $100,000,000 available to the company if-required. "The extent to which the standby 300,000 Co.___r__ J. Rodman 300,000 Co. & Co. 'Janney. -Dulles ties, .Inc. & & in compared approximately $59,000,000 in new capital in offering additional shares of common stock to the to-add steelmaking and ■credit Co., 5.500,000 Son" Co. Ii-ving 1,250,000 WeeRs__ Hut ton E. & &" PressprichCo. Reynolds 1,000,000 Co. & HlllLard W. Reinholdt 1,250,000 B. Pizzini . Hayden, Miller & Co._ Hemphill, Noyes .& Co.' Henry .Herrman & Co. J. W. 1957, "Late 600,000 . $692,683,234 tons, raised -money was-raised 5.5Q0J100 _ B. Inc. •j: Co.. to compared' - date Curtis___.__ & 1956, totaled. 5,220,147 - lor1 expenditure shareholders 200,000 in ingots to corporation January, 5,500,001. steel of 1955. stated. The Co.l_ 200,000 Co,. - report Jack¬ 500,000 & ■program Peters, Writer & Christ tenseu, Inc. Lunt "HilL Richards & Parrislr 1,000,000 ' Harris & & Webber, $761,800,102 in project® now under way. in the company, the directors appropriated another $50,000,000 toward a long range expansion 300,000 - Moseley son 7,500.000 tHarrlman Ripley & Co.,' Inc. « ' S. Paine, tons addition have Johnston -<•& Currie 1,800,000 ._ 500,000 Grant-Brov.'nell In • • Mills, Spence & Co: Inc. Moreland, Brandenberger, Sons Hamlin Securities reached Production 5,099,905 200,000 Inc. & 1955. - 1,250,000 500,000 Glore, Forgan & Cc'__ Goldman, Sachs &- Ca. Goodbody & Co„r:._. ' Co. Co., _______ Garrett & Sales • Com¬ Fulton Jteid & Co., Robert Co., Turben 1,250,000 pany ol Lincoln, Neb. Folger, Nolan, Fleming- W. & 500,000 Michigan Corp. Trust Mericka Merrill, 300,000 Co.—_____ First J. 600.0C0 Co. & Win. 2,500,000 Co & Steele Ferris The & remittance for foreign subscriptions and advertisements must be made In New York funds. ^ Dominion tc . additions and improvements to its properties. The for its construction program. . estimates that construction expenditures for the fiscal year ending Oct. 31, 1957, will be approximately $2,100,000, The company reports that the private placement of $750,000 first mort¬ gage bonds is being negotiated, the proceeds of which will also be applied to the construction program. of construction will balance used be EFFECT GIVING CAPITALIZATION Authorized * * f First bonds— mortgage Debentures ——. — FINANCING Outstanding PRESENT TO 4.20% stock Common bonds 9Additional 37.095 shs. 309,392 shs. t500;Q00 shs. issued under the mortgage subject to restrictions con¬ '/,, i, ;/v/>; be respectively,, -'i / ,/Y: therein. tained 29, 1957 for issuance conversion of the cumulative preferred stcck, 4.56% series (share Giving share). shares 37,095 ^Includes „ effect for all the common stock now of the issuance to on Feb. at reserved offered, the conversion ratio will be adjusted, by the operation of anti-dilution. provisions, to 1.02 shares of common stock for each, share of such cumulative preferred stock, and the number of common; stock ; will reserved so adjusted, correspondingly be underwriters UNDERWRITERS—The - • have below named severally purchase as nearly as practicable in the following per¬ centages, the shares of common stock not issued pursuant to the above-mentioned offering: agreed to % Merrill Read & Co. Inc.—— 26 Allison-Williams Co. ——: 4 Dillon, C. A: Allyn & Co., Boettcher & Co Eastman Securities . -Lyv — Dillion, 165, 12 G. Walker & H. Harold E. Wood Woodard-Elwood 12 ://:/, 1383. Lynch, Pierce, Fenner Beane 6 William R. Staats & Co——__ Union Co & p. & 9 4 Inc.-—:— . ,9 Co.—12 Co I 6 Co & .. Co., Pawtucket, R. I. —Files With Securities and Exchange Commission— The company on March 21 filed a letter of notification with the $50) to be offered to share on the basis of one to expire April 12, 1957. No underwriting is involved. The proceeds are to be used for working r capital.—V. 185, p. 1039. covering of shares 90 common, minority common stockholders at for share new six each shares stock $105 held; will the bonds,—V. retire tion and Capital 185, 1383. p. < ; .... It is The ■ expected that approximately. $114,000,000 of this total Edmonton See Aircasters, Inc. York — Stock Offering j . 181, p. . Borg-Warner Corp.—Plans Large Expansion— This corporation plans invest to plants and modern equipment of the said Board, This total, March on approximately $26,000,000 in new year, Roy C* Ingersoll, Chairman this The SEC company covering largest annual appropriations in company history, will boost to nearly $186,000,000 the amount of capital ex¬ penditures made by the company since World War n, The 1957 figure is only slightly under last year's $27,300,000. The largest single disbursement, totalling about $6,500,000,"''will of one the - be spent to complete the new $10,000,000 chemical plant of the corporation's Marbon Chemical Division in Washington, W. Va. This project is being built on a 322 acre Ohio River-front site and will go into production this spring. It will manufacture a hard, tough plastic called Cycolac. Another $5,000,000 to $6,000,000 has been earmarked for additions and improvements to Borg-Warner facilities in the Chicago area. Among these are the new Research Center In Des Plaines, 111., and the & , various plants operated by the Ingersoll Products, Spring, Borg Beck, and Calumet Steel ■ Divisions. The balance of the funds will provide for sizable allocations to the York* Norge, Warner Gear, and Byron Jackson Divisions and for a proposed new factory for the Warner Automotive Parts Division at Auburn, Ind. The company last year set a new high in sales and netted the second earnings in its history. Sales totalled $598,695,774, compared $552,192,430 in 1955. Net income after taxes amounted to $35,841,952, equal to $4.01 a share, against $41,075,084, equal to $5.17 a share, in 1955 which was Borg-Warner's biggest year in earnings. largest with shares thi3. .corporation on March 11 announced completion of negotiations the purchase of controlling-interest in Coote & Jorgensen, Ltd., of Australia's largest producers of automotive parts. of stockholders approval to the transaction has been Coote & Jorgensen, in its modern and well Notification received. equipped plant located near Sydney, manufactures components and forgings for the Australian motor car industry. In the future, the company will be enabled to produce a much broader line of automotive products as a result of license agreements which may be negotiated to manufacture items which Borg-Warner now makes in tis American plants. These products include automatic and standard transmissions, overdrives, torque verters, timing chains, sprockets and other precision-made units. Australian ' countries , of law strongly $62 per share to minority stockholders on the basis of one new for each 13 shares held; rights will expire April 12, 1957. No underwriting will be Involved. The net proceeds will be used to repay bank loans.—V. 185, p. 1039. (Charles) Bruning Co.—Reports 36% Earnings Rise— Coote & goods that Jorgensen share a for based 1955, outstanding at sales of The each in 31, Dec. can be 1956, case the on after a 25% 995,268 stock shares common dividend paid sales $30,019,592 reached $37,323,124, in 1956/ in 1955. . 24% up are 831 Coote to occupy its new $3,000,000 plant and office building in Mount Prospect, 111., this summer. This will replace its two present Chicago plants and provide for present and future ex¬ pansion needs, he added,—V. 184, p. 1578, Brush Electronics Co.—Issues New Literature— A & the Jorgensen concern 184, •«' 1911. p , ; ' h ■ . The March company on its reported 20 history,, with- shipments 76-year ». notes to net sale earnings for 1956 include drawings and those for of to special credits income of for reserve a a The The special credit of $144,164 from stock was 1937, made.—V. 185, when p. Construction CataWba, on S. of," this a in 1928 and was operated as public offering of a portion of 607. C., is corporation's nqw scheduled to begin in $38,000,000 pulp mill. at April, officials announced March 22. H»e new mill will have a daily capacity of .400 tons of sulphate pulp. Coleman, President, year, its $272,879,246, the revenue an world-wire reached increase of a in enemy the amount of its author¬ represented by 400,000 shares Of share, and that the company "may issue pre¬ ferred stock for any part of said capital," During the period 1900 to 1903, the company issued 340 shares of preferred stock, all except one share of which has beeh retired. There has been no later issue of preferred stock. tThis share of preferred capital stock is entitled to priority in the payment of dividends and upon, liquidation, and, under resolution adopted by the stockholders March 19, 1912, may be exchanged for one share of common capital stock.—V. 185, p. 1383. Caspers Tin Plate Co.—Sales Rise—Earnings Dip— earned $498,986 after taxes in 1956, compared with earnings of $513,237 for 1955, Bertram W. Bennett,;. President, • re¬ ported on March 12. Earnings in 1956 amounted to $1.34 a .Bhare on 371,131 shares of capital stock outstanding at year end, compared with $1.46 a share in 1955 based on 351,131 shares outstanding at Dec. 31. 1955. Sales This company totaled 1956 in $25,248,549 as against $20,754,611 in the '. ' ' preceding year. •' 1 ■ ''' "Earnings for the third and fourth quarters of 1956 were adversely affected by added costs and expenditures occasioned by the purchase of two Chicago companies during that period/" Mr. Bennett said. "Nonrecurring expenses, particularly the cost of moving one of the companies .into a new building plus added expenses initially incurred in beginning new operations, were responsible for lower profits. Opera¬ . against . $3,000,000 4,000,000 7,000,000 12,200,000 ♦The charter of the company provides that in 1956, for the seventh operations of this corpora¬ high. This amounted to over 1955. Net income for defense Outstanding $3,000,000 4,000,000,. 7,000,000 the par value of $100 per in revenue was attributable in part 'to several new Among them were the "DATATRGN" data processing system, Series E electronic computer,' the Sensimatic-to-Tape Perforator, continental - GIVING EFFECT TO PRESENT FINANCING ized capital stock shall be $40,000,000 increase for v debs., due Aug. 1, 1982l_ payable to banks —; stock (par $100) • 400,000 shs. t8% cumulative pfd. capital stock— 1 sh.• Common capital stock— *—291,549 shs. products. system . ♦Capital was SAGE ■ 30-year 3%% 1955. The , Notes $14,197,021, an increase of $2,365,517 over 1955. In¬ coming orders for both-commercial and military products again e°tablishcd a record in 1956, it was reported, being 24% higher than year ' Authorized new $52,476,794 incorporated in North Carolina in January, are located at 122 East St; James debs., due July 1, 1978— reported that from subsidiaries , was Its principal executive offices debs., due Feb. 1, 1977— A Force Bowaters Carolina Corp.—To Build New Mill— * and from; is 30-year 3V«% 2010. John 6. tion proceeds would 30-year 2?i% Burroughs Corp.—Reports Record Revenues— consecutive the net developing plans for a sale of debentures in an permit substantial reduction in the remaining the company on these short-term notqs; to banks. * coiiipany CAPITALIZATION one of $365,165, from the self-insurance. Deducting these subsidiary at Guelph, Ontario, Canada, Bucyrus-Erie Co. of Canada. Ltd., has Just started operations in a new plant which, with equipment, cost approximately $3,500,000. Working capital increased in 1956 from $31,178,453 to $44,765,640. This increase was due largely to proceeds of $12,601,008 from. an offering of 311,040 shares of additional common stock.—V. 184, pp. and apply to March 31,1957, approximated $18,000,000. company,, is engaged in the business of furnishing communica¬ services,, mainly local and;toll telephone service, in 41 counties the eastern part of North Carolina. ' On Dec. 31, 1956, the company had 143,879 telephones In service,' of which approximately 32% were in the Fayetteville, Rocky Mount, Kinston and Wilson exchange areas. No other company furnishes local service in any exchange area served by the company. an intended to increase output of intermediate size, excavators is At Richmond, Ind., the company is building a new $12,000,000 plant for the manufactue or drilling machines and tools. Expected to be completed early in 1958, the Richmond plant will release facilities at South Milwaukee and Evansville which are needed 2114 share for each four The in progress. excavators. 6f the in two of one new intends on Stx Tarboro,, N. C. 1955 both manufacture Offering 25 March 11, additional shares of tion over company the company banks, which notes owed by 1900. has undertaken extensive expansion programs "to be a greatly increased sales volume in the next few years." Erie, Pa., plants, expansion and modernization programs costing about $4,000,000 were completed early this year, with the result that output of the Erie steel foundry has nearly doubled and capacity for manufacturing 6mall excavators has increased substantially. At Evansville, Ind., a program estimated to cost,.more than $2,000,000 for of March issue our entitled to subscribe. Further details follow? was which prepared for the in share of 58,310 per BUSINESS—Company \ p' years, 1936 earnings were 8.2% above earn¬ ings for 1955, and per-share earnings in 1956 were $4.14 on an average of 1,607,044 shares outstanding against $3.96 in 1955 on an average of 1,555,160 shares outstanding. Dividends paid in 1956 amounted to $2.40 per share and represented about 59% of the net earnings. At of to of stockholders of record stock at the rate of balance 1955, for made common amount shipments of $71,737,348. Net earnings for 1956 were $6,798,003, com¬ pared with $6,516,797 tho previous year. At the year-ehd, the backlog of unfilled orders for machines amounted to $28,319,000 compared with $16,721,000 a$ the beginning of the year. The was PROCEEDS—The that '1956 Wiis the best/ year billed, net earnings, business booked, and dividends paid, all setting hew records. ^, Shipments in 19501 were $86,585,951, fen increase of 20.7% return purposes, the sale toward reduction of amounts owned by company on short-term *■'.! "V"' Bucyrus-Erlet (Co.—Reports Record Year— in which it . ; > ' V " \ I for general corporate Rights expired on March 27. No under¬ writing was involved. Southern Bell Telephone & Tele¬ graph Co. subscribed for the 13,190 of the new shares to four-page catalog sheet, detailing its Strain Gage Apparatus, has just been released by this company. The Instrument is a versatile unit for measuring both static and (jynamic strain when used with the appropriate strain gage or resis¬ tive transducer. The frequency range of strain measurements covered by the instrument is from static, utilizing the buiJt-in large scale meter, to 50,000 cps with the appropriate readout device and accessor¬ tions should be on and increased • panies."—V. , a normal efficient basis within a reasonable period, earnings are expected from, these new subsidiary, com1689. 184, p. air attack. Another established was until Registers — shares held. BL-1516, ■ and second, company; i957., at $100 common new ies.—V. the offering to company expects Model of —Mention large scale electronic data processing equipment used in the U. S. employees. private a fast A . . and suppliers to the Australian companies of Harvester, Caterpillar, Ford; Chrysler, Holden, British Motor Car Corp., Standard Motor Car Co. and other important us*rs. In addition, an extensive business is carried on in the areas of specialty repair and construction work for general industry. There American hundreds from in from the International fully- in¬ a Carolina Telephone & Telegraph Co.—Stock December, 1958. .Consolidated net Air are is, wells in Western Canada. The Montreal is rated as the most including the improvement bf present facilities, the maintenance adequate working capital, and the expansion of present facilities meet present and anticipated increase in the company's volume business.—V. 179, p. 1369. earnings for 1956 increased to $3,077,017, a gain of 36% over earnings of $2,263,416 the year before. After preferred dividends, earnings per common share amounted to $3.06 as compared with $2.24 con¬ Within the Commonwealth. 1953, Canadian Petrofina Ltd. 25, sources Net the importation frpm other manufactured in adequate quantity discourages ; mortgage at /Furthering its program of expansion in foreign manufacturing fields, one 4 . , corporation filed a registration statement with the SEC on 1957, covering $1,000,000 of series six 5-year 4% first bonds and $3,000,000 of series seven 10-year 5% first mortgage bonds. The company proposes to offer the securities for sale at par. No underwriting Is involved. Proceeds of. this financing will be used as follows: First', to refund and redeem, tipon maturity br upon call, such of the bonds of the company presently outstanding as may not be redeemed from .other March 1 Expands in Foreign Manufacturing Fields— for . This 12 filed a letter of notification with tJfe of capital stock (par $25) to be offered March on 478 share the 20. ther With Securities and Exchange Commission— (E. W.) Bliss Co.—Reports Record Sales— this company, which is now in its 100th year of operation, the highest in its history and 37% above those of 1955, Robert Potter, .President, told stockholders in the company's annual report. Net income from operations, after taxes, rose 42% as compared with the previous year. In July, 1956, the company acquired the John Robertson Co., which gives Bliss a new product line and re-establishes manufacturing facili¬ ties for the company in the east. Also in 1956 Bliss acquired a 20% interest in the Chemetals Corp. which opens a new field of endeavor for Bliss and which management believes should prove valuable to future operations of the rolling mill division. Net sales for the year ended Dec. 31. 1956, exclusive of sales of foreign subsidiaries, amounted to $85,829,854 as compared with $62,757,763 for 1955. Income before provision for taxes was $6,166,012 against $4,087,384 a year earlier. Net income of the company and domestic subsidiaries, after provision for Federal income taxes, totaled $3,016,012 for 1956 and compared with $2,117,384 in 1955. The 1956 net income was equal to $3.01 per share on the 1,003,589 shares of common stock outstanding at Dec. 31, 1956, which included 26,000 shares issued for the purchase of John Robertson Co., Inc., whose sales and earnings were included only for the six months following its acquisition by Bliss. Earnings per com¬ mon share for 1955 amounted to $2.16, based on the 981,189 shares then outstanding. « . .. ? , The earnings of foreign subsidiaries in England, France and Canada, which .fere not consolidated in the company's financial statements, had net earnings,tof $386,563 in 1956^; equal to 39 cenlg: pgjjiqbare on the Bliss (iommori'stock outstanding at year end. The company's backlog of unfilled orders at the year-end was slightly in excess of $50,000,000, a level which should insure satisfactory opera¬ tions during 1957, the, report said.—V. 185, p. 142. .. Stations*—./ Capper Publications, Inc., Topeka, Kan. 2458. Brockton Edison Co., Brockton, Mass.—Files With SEC Sales of were of ,. above.—V, (par per rights . North the on marketed Eastern Canada. refinery. New 519. Continent. Petrofina products aria of FINA outlets throughout Central and growing company with Belgian connections, Canadian Petrofina's gross operating income jumped from $317,458" in 1953 to $25,311,233 In 1955. Webb & Knapp (Canada)* Ltd., which began operations in October. 1956, announced that, in addition to its development activities, it will engage in further sale end lease-back transactions "as a means of increasing its recurring earnings. At the present time, Mr. Zecken? dorf stated, several oiher proposed transactions of this type are being studied.—V. 182, p. 1218. modern will absord the remainder of the British Industries Corp. Temporarily Suspended— sale company's service stations and six bulk' distribution- Eome 277 of this | Incorporated in May, the company's marketing and transportation facilities capital outlay.—V. 185, p. 482., of the proceeds from the program.—V. 184, p. use tegrated oil company with producing Company's refinery on the island of triple the refinery's capacity, are scheduled for completion this year. catalytic reformer, to be completed early in 1958, is also being at : .. A Expansion to construction which are located in the Provinces of Octarie" Quebec, New Brunswick, Nova Scotia and Prince Edward Island were purchased, by Webb & Knapp (Canada) and leased back to CanadianPetrofina for a long term of years. "•' Approximately 62% of this $114,000,000 total will go to B-A's ex¬ ploration and production activities in Canada and the United States.. Manufacturing additions will also take a large share of the 1957 capital program. At B-A"s Clarksdiv Ontario, refinery, a new catalytic reforming unit and additional crude processing facilities, which will: built its for company. The properties, . . April 9 receive bids first mortgage bonds. on of $6,000,009 plants have been purchased by Webb & Knapp (Canada) Ltd. in a sale and lease-back transaction^ it was announced on March 21 by A. F. Campo, President of Canadian Petrofina and William Zeckendorf, Pres¬ ident of Webb Ac Knapp (Canada) Ltd., the real estate development $2,000,000 per week—will be spent in i957. Under the company's policies, the major portion of exploration expenditures will be charged to expense at incurred and the balance of the program will be capitalized, ■ ./ .; .V; ,,:Theso expenditures will bring the total amount added by the com¬ pany to its investment in properties, plant and equipment over the past ten years to over $380,000,000, exclusive of the additions arising, irom the acquisition of the properties of Canadian 'Gulf Oil Co. • (P8T) a.m. V intends company securities ' new June. to 9 it of up Canadian Petrofina, Ltd.—Sells Service. —or last will purchase from p. 1271. 183, ; ; company's total 1957 program'for exploration arid development of oil properties and expansion of refinery, marketing and transpor¬ tation facilities will be over $133,000,000, according to M. S. Beringer, President. stock (par $1). Privately—The company, it was announced on March 22, has been authorized by the California P. U. Commission to sell to six insurance companies $5,000,000 of 5 Vi% debentures due April 1, 1982. v ^ for California Water & Telephone Co.—Debentures Placed Ltd.—Plans Large Explora¬ Expenditures-^ (PST) on April 2, at the offices of 900, 433 §o. Spring St., Los Angelrs 13, the purchase from it of 300,000 shares of a.m. Room Myers, company the ~V. This — & Blackstone Valley Gas & Electric BEC Tne for of British American Oil Co. will common Airways new 80,000 shs. (par debentures may or receive bids ... worth 9 & agreement with Braniff, the City of Dallas sold airport revenue bonds to finance the operations base project. Under a 30-year lease, Braniff rental lease a to up company Calif., $6,500,000 maintenance new tract. payments 9,950 shs. indenture, debenture its California Electric Power Co.—Bids April 2— The O'Melveny 11,134 shs. $25> (convertible)——J—— (par $1) series 4.56% * , mammoth hangar maintenance and 25,509 shs. , — series „—-— preferred stock 4.75% $100.» (par „—. Cumulative or stock preferred series International for The Under 292,805 $292,805 1964 Cumulative and will provide 1959 broke ground March 21 at Dallas, and operations base. will be big enough to house two Boeing "707" jet aircraft of the type Braniff now has On order, and four DC-7C's, and maintenance shops. Ground-breaking ceremonies were held on part of the 36-acre Branlff Tex. $6,500,000 16, ajanual installments through Oct. the end of by persons. Airways, Inc.—Builds Large Hangar— Braniff BranJff "5'00° unsecured serial notes due in equal 4% completed is expected to be employment for 350 It The company tion for of the a Centers significant development was the award to the corpora¬ contract for Burroughs-designed data processing equipment Air Force ballistic missile The largest building program in the corporation's history got well underway. More than a million square feet of new factory and lab¬ oratory space were in various stages of construction during *the year at Pasadena, Calif.; Plymouth, Mich.; Detroit; Great Valley, Pa.; Toronto, Canada; Park Ridge, N. J., and Cumbernauld, Scotland. In December, the corporation sold $30,154,700. in 4%%> convertible subordinated debentures. The issue was 97Mj%* subscribed through exercise of rights granted to stockholders and the balance sold on the open market.—V. 185, p. 715. , Corp., Philadelphia, Pa.—Registration With¬ drawn— program. The . statement filed with the SEC on July 30 covering sinking fund debentures and 1,600,000 shares of (subsequently amended to cover $4,500,000 of deben¬ registration $3,000,d00 of 5%% common tures), stock was withdrawn Central & on Feb. 6. See also V. 184, p. 519. South American Acceptance Corp., Jersey City, N. J.—Registers With SEC-— TbiB corporation, filed a registration statement With the See Aircasters, Inc. above. " . ' * SBC on March stock. The. com¬ to offer 425,000 shares for public sale through Charles Plohn & Co. -The public offering price .and underwriting terms are to be supplied by amendment.. In addition, to the underwriting: com¬ mission, the. underwriter is to be -reimbursed/for- his expenses Jn an 22,1957 covering 470,000 shares of itq 10c par common (The) By George* Co., Kew Garden Hills, 'N. Y.—Of¬ fering Temporarily Suspended— < ■ • - pany proposes Volume 185 Number 5625 The Commercial and Financial Chronicle ... 5 (1513) amount not 45,000 shares common 50c at exceeding $5,000; share. per Organized (the balance A finder's March on the and fee 19, of underwriter the of 1957, has subscribed under to engage in the business of financing the purchase, dealers ol Central and' South American, of automotive mobile until after stock will proceeds to. the manufacturers. financing total from S. is $323,035. the sale four In of dealers addition, the to Net the These for sale Charles to President, of Jersey City; Douglas TGirath, Jr., of New York; and Charles in ^ Income < Dividends (estimated) paid Earnings L__ Mc- on $39,994 4,500 stock__.;__x_-___: 184,; p. 519. *• application - natural operation of estimated net service gas Federal Power i*-' "/ Commission : v natural cost facilities and *. facilities in accepted to for '8.--—V. March on -Effect March '21. on that mfent "the impact will not ^Barring good were 1955, of year" filing, '"We much of the the general stock. Sales Mr. of Spatta. should 10% he and the cost of modest a said. increase "With in getting Increase this lines new in sales Increase, we although for our into 1957, believe > : $4.11 "; over the will be also about have •ur program substantial." after four weeks and the other sizable losses in fixed Cohu overhead because Convair, the T. and Board, March Kay and business named was management thje formed that the the President, *'■ for electronics 1 , the Other >; ♦, *,•»** he -• Richard were T. and man, the Co., Kay of were Eastern of explained, «•»>*.>*♦» and "because ,'rx, "v > to Messrs. Cohu 230 tons sliop. No. furnace heat. per were annual steel tons. the of Inc., and new announced capacity " - modern on of 16 design the Pueblo E. D. manu- furnace 26 at by A. - will . of Net •" . - of 1956 $354,800,000. 12.1% up previous high in the company's history. Consolidated $16,300,000 compared to the 1955 previous high of increase of 21.5%. Computed for 1956 *,', ; the on $2.17 were ;% exceeded over net 1955, income the was $13,400,000, work the over start shares outstanding, earnings sales. CBS petitors The edvertising revenues of CBS Television increased 18.3% year.. it: was reported. Sales volume of Columbia 50%' higher, including a J20% increase in "LP'' record was • Radio in volume of sales. states report division and the manufacturer number activities or ket announced profitable tinuance, 41 cents tube in - . .* « decision recent ■ highs new were and The In to July of discontinue losses Expenses on disposal share after applicable of tax all com¬ ■/' >• losses despite * In not profitable one by because reduction a manufacturers; 22 in the CES board plant to facilities, 185, mar¬ directors its had related credits.—V. of of division losses ceased picture tube operations This and lead hampered the the CBS-Columbia. years. own been its set un¬ discon¬ approximated 819. p. -t This corporation, authorization par by holders one to common of additional it issue, was-announced and sell an stock. The shares Columbia's on March additional are to be 27. has 1,675.413 offered received shares for SEp cf' lts subscription outstanding'common stock oA the bail} Of share-for bach thirteen shares hiJd "of record oh'April* W. Mears relating movements. * Electronics, whose products and elcctro-magnetic motors, ■ Heel precision electrical systems analyzers, reorganization'of the relays, Calif.—V. \ ' 185, . ■* ' in Was Record Year growth in operating revenue and J. L. S. Snead, Jr., President, profits, that it since 1956 the completed company incorporated In decided inventions per its in- 62.1% a March on "its based with * " A9, successful :< most 1929. in 1956 the on net a • to of number average income $2,063,399 of in 1956, shares $1,272,571 of. Consolidated revenue amounted the 1956 f for to 1955 to $63,328,418 Freightways equal which and to ; preceding Freightways 4,518 mately 15% V. the at p.. 716. the of , was^largest in history. revenues ' were , ' year. presently close of _•••"■ has 1955 tockholders P employees '" Briggs, . 5,848 shareholders com¬ 2,927. in 1954. Approxi¬ of the company.— and are ■ Consumers Power Co.—Stock —Robert sub- carrier operating revenue of the company and $54,153,499, a gain of 34.3% over 1955. Nonduring 1956, amounted to $9,174,919, an Increase the over with its was revenue, 185, equal outstanding. "1 total, subsidiaries 42% to amounted share. operating, Consolidated ; taxes, compared with $46,767,933 reported In 1955. These elimination of all inter-company transactions. after which to share per compares pared patent heel ma- already after This of and wood income, $1.68 Co., to . - Offering Oversubscribed Executive Vice-President, on March 25, announced that in its offering of 549,324 shares of common stock to common stockholders and President, $1,217,500, of this represents $1.45 or increase an share, per for 1955, shares. program, Consolidated Cement's will be 6,000,000 barrels, an 1955.—V. 185, p. 820. the - received total subscriptions to 563,770 102.6%c. Stockholder subscriptions were 523,675 95.3%?, and employees subscribed to 40,095/ shares. Employees are being allotted 25,649 shares. Ac¬ cordingly, no shares were available for the underwriters. ees, $1,836,600, equal to $2.19 outstanding at year end. shares its in total rated increase, January Edison shares, shares, The , company or or offering was made to stockholders of record March 7, 1957 at .on a l-for-15 basis, together with an employee plan. The expiration date was March 22, 1957. No over-subscription privilege was contained in the offer. $42.75 share, per subscription of \ Co. New of York, Proceeds a Inc.—Sub¬ 25 at 100% $53,095,600 subscribed for and the remaining sold by the were ^ include .'•/': ■ 35.4% a net juinounced carrier patents, to had the of in Of — United Machines 3tates capacity of construction record in $29 part from of the the sale of company's Consumers the 1957 stock common construction Time Credit, will be used program.—V. Inc.—Debentures finance to 185, 1152. p! Sold—An. , offering of $250,000 6%> renewable debentures .(subor¬ dinated) payable on demand on Feb. % 1962, or payable without demand on Feb. 1/ 1967; was recently made at ' 100% of principal amount by Walnut Securities Corp., * Philadelphia, Pa.; B. Ray Robbins Co., New York, and ' Berry & Co., Newark, N. J. It was oversubscribed.' * , operating income $3.20 1956 for In of "-Average to 1955 were taxes On by site station tofore with electricity, 1955. price Although late of in and from capital and p.m483. the the by and Island/ the over The SEC per¬ increased during 1956 kwhr. 1,467 2,158 from. • taxes in. *'ag 1956 usual and $63.609.304; to report Atomic was the says in taxes, station.. the - to for $123,964,500. $13,630,406; private began * . the received Work 275,000,»kw. quarter out a ' ' company steam - about amounted" state Energy Commission on continued Hie similar *' and covering to on the first permit construction the; Indian at nuclear-fueled yv . to 11 in Arthur house scheduled planned; for the line on. addition * to next said, report there go Consolidated The directors to gbout start 1962. 1660.—V,, 185, Electrodynamics have turer of an the Astoria Kill station identical operating The p. in Arthur 1040.' , .V, generating Slaten on 335,000 kw. with 1958 Kill, unit details on were Two not debentures $15 and Pacific Fogg Miller's approved Inc., of of will ray Shamroc^, Fla. Cougar and in it noise will with $5 purchase par the 185, here¬ its to < on stock, shares officers 1272. p. SEC common common to eligible subsidiaries pursuant Rosin & of and Stock •- , Corp., letter capital stock of of Laurel, Miss. notification $5) (par proceeds for stock new shares the debentures The held. and * with the $125,000 share stock amount. be to are each The face at used i _' The SEC William of held will be and priced No underwritin# construction in for ' The company recorder, was a proceeds lands, Instruments—Transformer included in the Interested Engi¬ transaction. in filed of common . to are working expenses, *•». -« •< letter a of .notification stock (par wit.hithe cent) one to be share, through Roth & Co., Maplewood, N. J. be used for diamond ' drilling ' on company's i capital • * "f.j • % . and other corporate ' ♦ 1 ;;* • y.i .1' Crucible Steel Co. of America—New Warehouse— this company and steel specialty March on and fabricating double officially opened Its sales new office its bi/ilding at Denver, Colo, Confidence fh leadership and future expansion of manu¬ compenies in Denver prompted Crucible to capacity - .. warehouse 29 warehouse the/continuedindustrial facturing contains Additional over its ' *• old 's latest the warehouse,'the '' * facilities announce¬ '/,/" - » for storing and mat'eyi*1 in the area is owned by Crucible for future expansion. The Denver warehouse will continue to carry a cbmplcte stock of Crucible's high speed and tool steels, stainless, alloy, machinery and other specialty steels to service Denver and surround¬ ing property areas. Crucible's largest. The to tion ;i-V; of new 185, William analysis,'-he said./"Because-of! Us high-frenuency a valuable addition to our established line of be 15 shares - than device galvanometer-type recording oscillographs."*""" March per prospecting program not on cents s.atd. Corp.—Acquisition— particularly 50 purposes. Corp., Irvington, N- J.— Exchange Commissions -- and 560.000 corporation at Development Securities covering The Calif., Miller Mine With Files ment capable of simultaneous, multi¬ channel recording of high-frequency' data in'{Jhofegraphic chart form. "This instrument i?,. usec^ in the testing of. jet engines, rpcke.t,.motors, and missiles'! in' recording fneasurements of impact, blast pressures/ and capabilities to its company filed-a 12 100 each and Involved. be more purchase of Pasadena, Transformer—were said1 his cathode its shore a for share, per a disclosed. subsidiaries and shares rate is * dynamic announced the of subordinate debentures dated March 31, 1957 (the latter i« of $100 each). The offering will be made first to officers and employees of the corporation at the generating the major assets of William pioneer custom manufac¬ recording and data-processing equipment/it was March 27 by Philip S. Fogg, Board Chairman. Financial Instruments, 11.400 $300 handling. Miller options by March on stockholders, of 3/10ths of offered ' Initial station Astoria, unit is unit expected the statement shares Turpentine The kwhr. and year ? took . generating new of issued company corporation present at previous '/ December,; the Each 680.000 exorcise the registration a denominations 5.6% same customers was use went of 20-year 5% customer average filed ---Files With Securities and Exchange Commission—/ 1955. ; increased per upon Continental income wages kilowatlhours, existing Westchester that Westchester la of share a billion and Electricity revenues the net year, spiral . 14.5 revenues $41,674,790. Construction station shock; working of America—Registers With SEC— covering hereafter or . neers loans, gas higher taxes. $522,530,771. Common stock cents 1957 employees total activity consisted of site clearance, excavation. and road building, >. The j plant is estimated to cost $70 million according to, the report. : ">:* •* * unit, for used 185. Option Plan for Key Employees—V. previous eight were by and were up up. 7.3% out fueled in of 5.9%V the 4, nuclear Point about be 1956. amounted taxes, May a to are purposes.—V. corporation 22, deliverable offset " 1955 in were up dollar every Local 1956 added were use In points report Federal the upward charges This March generating taxes. over $53,3.97,699. use kwhr. revenues The rock kw'nr. residential Gas for '1956 electric and residential 2,319 revenues of proceeds Container Corp. completion being electricity.' 1,536 to than the share, was 1955, centage.'• New'customers use to debt a electricity'for than their net corporate the revenues and increases mote due revenues reached Sales-of up The otlier nuclear program, $500,000,000 passed higher fixed plus Point . increased charges sizable minion million a debt 1956 showing Indian construction and gas expenses, sales only up more natural revenues Were the on $157,000,000 to operating steam Mr. Columbia Gas System, Inc.—Stock Financ'g Authoriz'd no Fred Reporting crfiase This ' operations of CBS-Hytron, receiver 1956, to s set were severely radio and - were semiconductors, sales division, including per - profitable, Unprofitable price levels factor. a the ?.nd television merged. manufacturing *■ the he to liquidation of another. of also were that of tubes original-equipment in the continued subsidiary. Turning amounted Storey, this clock City, sidiaries States record* Feb. of a authorized of per. share previous Records of that conversion Net an compared to $1.83 per share in 1955. Cash dividends oi 90 cents per share were paid during the'year.--"In addition a stock dividend of 2% wa? paid at the year end, Net COMPOV United Heel any 837,500 on of and ./ V Total licenses Co.—Earnings Up 50%— 1956 number * shareholders approved the plan earlier in March. 1882, the Sessions Clock Co. is a leading manufacturer of company Total all ./■ . number average W, earnings same 934. 166,472 earnings of totaled Smith was materials . - sales and revenues royalty-free $54,827,500'4V2% ^conv. debentures due recently offered for subscription by common stock¬ its was to previously. ' in based ♦ ; Clock $1,29 paid and certain MACHINERY CORP.- has begun mailing out its annual report for 1956 stockholders, it was announced on March 25. Highlights of the year noted in a foreword to the illustrated report signed by Chairman H. R. Searing and President H. C. Forbes were increase the 1,485,000 - . profitability of CES operations in records. taxes > " employ-' Cement productive over average previous to the Annual hearth open from steel and 1 ' United specifications, of '<• * . % owned the Wood abroad ; Inc./a Industries, result of the Spring Co.- in December 1954 and the integration of the Hayuon Division of North American Philips CoM Inc* Since then, Con Electron has acquired other diversified interests, including. Alliance Manufacturing Co. of Alliance, Ohio, Price Electric Co. of Frederick.Md., and Technical Electronics Corp. of Culver year ' yearly. revenues improvements 185,. p/1272. and of of the Compo corporation share, completion This to F. Broadcasting: System, Inc.—Reports Record Earnings— volume after over on higher its Columbia The same common station; making capacity at Pueblo is part of the cor¬ poration's broad program of improvement and expansion that has been in progress in both its Western and Eastern divisions.—V. Sales from certain through Forestville Electron subsidiary. these — following Consolidated Edison Co. of New York, Inc.—Earns, etc. * * capacity a with which . additional the 50% . One of, the major improvements has been the., conversion of the furnaces to a double ladle heat practice which permits the. steel to be tapped into two ladles rather than the one ladle used The and of Sessions phonograph turntables,' is the Net the $400,000 SHOE wholly Quirk Mears j * to, rights relate, or further exploitation of any machinery inventions to which the patent, rights relate."—V. 184, p. 1120. heel of debentures Silber¬ Pueblo plant • , S250.0C0 three to - * , has and furnaces the CORP, reconsideration therefor patent wood amount member*- March on simultaneously the other to MACHINERY principal $1,731,900 underwriters, headed by Morgan Stanley & Co. and The First Boston Corp., at 108%%. For details, see V. 185, p. 1040. - ■ and electronics hearth open largest furnace in carried was being made rated 1,800,000 is It Construction that is for to Consolidated Freigrhtways, Inc.—Reports > : foreign the and 17 received drawings holders of .-i Stetson; President. new SHOE number COMPO's further, exploitation those 1972 , a to ; W. p. . ' I were its of non-exclusive a* shares * Reynolds A. scriptions— Of Corp.—Expands Facilities—■ corporation has completed Pueblo, Colo., steel plant, it was Co., management forego of we Cohu, & . , Corp,-, 606,513 , subsidiary and affiliated stipulation for dismist-al pf toe COMPO plan, an Consolidated in delivered the on • y CORP; vote against. agreements, Forestville Industries have been option until June 30,- 1962, to- buy substantially all of Sesassets, except land and buildings. . -• sions and " said to -* of the March 19 meeting were signed on attended by officials of Con Electron and agreements, Con Electron will make available loans up tc $1,000,000. It will also provid-3 man- Con lor Aiming devices ' ' stockholder?, *>'r; V MACHINERY each and under 1857, Consolidated E. The This 12, payment "The H. , United assignment applications, cliinery. the Franz, Heel in the 170% Stanley Krusen, a partner of Shearson, Hammill brokerage firm; Admiial Wilder D. Baker, USN ; Langworthy, Vice-President for engineering of George E. Jenner, executive of the San Diego Gas & ; / ■ Co. and Machinery to March annual Vice-President; Hamilton, Secretary. *'*. Winslow, Industries Colorado Fuel & Iron . Shoe granted Upon manufacturing and Cohu, brother of the President ilrm the ,r Story said the company shipped the first cement from plant in Paulding, Ohio in October, 1956 and work now progress will double the capacity to 2,500,000 barrels of cement York Richard Lab, Electric W. investment concern; New (retired t; H. are York -President facturing & Elser New return Industries Corp.—Loan, etc.— meeting on March 19 approved mcas-acquisition of the operating assets of Conn. Of the 787,500 shares of Con- result a certain Sessions by Mr. Silberman, William P. Elser, Treasurer, and Thomas M. Directors of Cohu Electronics, in addition Stirlen, SHOE and to 4 *.-♦ action new techhiques elected civil entitled 5,259 assistance Established in patents and patent applications* Assignments of a number of COMPO's corresponding loreign patents and applications for patent were made to United, subject, to certain rights previously granted to others; and a formula for a shoe adhesive was-disclosed to United. based new officers of to CBC's main : corporation." new cash March United of TWA, Chairman of electronics of industry." of ' Airlines, developed e.t Kay Lab are applicable to manufacturing industry. One oi the first corporation will be to purchase other companies electronics field—the. most rapidly growing segment of American entire objectives in American ! •%'* meeting on -March 81,400,000 and other settlement , . these majority-owned to 4 Miller the as closing a Under granted par as special eventual Forestville, and at 20 Sessions In Angeles, Calif. oil drilling Incident United Earnings Executive companies!- have by per Officer of Cohu Electronics, Inc., on presently Is President and Chairman of the Board of Diego, CaLL, electronics manufacturing firm. corporation has been former, Mr. Cohu said, to provide new sure the Aircraft, of In. letter a release Corp., Consolidated He development feel Chief President at Co., l'avor a to Electronics in agement the of 8an financial "We former Northrop and 18. Lab, The Cohu, COMPO a'general from According Electronics, Inc.—Formed—Personnel— Motte with, offered Los to annual 4, 1957, in consideration of patent and other rights granted to COMPO Mr. Spatta said, "we will make up the loss of sales in subsequent quarters and thereby recapture a substantial portion of our lost earnings."—V. 185, p. 934. La 1957, Machinery Corp. Machinery covering incurred we strike," own settled—Clark Ciock Agreements ' at lead can solldated voted 1 ■ for month. a "Although . been Co., established 27,200-square-foot plant facilities. building, located adjacent stockholders that Sessions action then'pending in the tl. S'. District Coiirt for the Distvict Massachusetts by COMPO SHOE MACHINERY CORP. against United Inc., a Mr. strikes in ■*•'.> as show can Spatta forewarned the security analysts that "first quarter earnings will be down considerably." The decline is due to two strikes: one in Clark's transmission plant at Jackson, Mich., and the other in the plant of Clark's largest customer for automotive components. > Both Smith, President, Feb,' 25, Wood perhaps we development production be ■ ._/•' -the at will ,receive • "On Clark to increased earnings Franklin to Shoe Machinery Corp. in sum! of ,($759,000). » * * • "Subsequent - to th^ settlement1 above: referred arrangeirients were mads:-., * v.' «•" ' have 1956, In equal F.- A'On hopeful of are B. for *-expenses •' .. corresponding used i notification be 143. p. Consolidated Electronics The pursuant to stockholders.—V. common Miller 185, ures Issuable stock common the . approximately 11% at approximately the same level as were of Samuel be the .company • ceived year. as that Shoe develop- V and -*'* $9,401,357 be letter; of a . corporations of -,/ development" and economy, *' Clark to earnings shares to arc filed ri-f civil '' % ; ' according with its to shareholders'were Informtgl "On p. .1151. /'", in product intensive research year. years 1957, earnings • 1958." in In common although previous peak four until $145,384,923 share per of felt recession a "another sales be ,fa as not Exchange Commission— March on 75,000 proceeds United Shoe Earnings—/ K > .* ' " 1956 operations and additional investments Compo Shoe Machinery Corp.—Suit Settlement— /■■'■;*• and of this company's sales In 1957 will be accounted by- new lines of equipment "not in production a year ago," George President, told the.. New York Society of Security Analysts in described —V. their Machinery Corp. •Approximately 25% talk shall as offering share),- through per pari-:- Spatta, "He the will general generated from to make financing technological benefits as the result of tuis."corporation against "United Shoe abandon 185, -,/. ,-Clark Equipment Co.—Strikes 6aid ($1 The for '. the Kansas and ; its electric, clocks facilities—„■//'/*/ $11,351,100 to March covering The None authorization been announced r' value) par . gas of has added be 028,264 . seeking company (no under company John this by and at-an Oklahoma a SBC r 20, .• in New pro¬ William 1957 will firm of .Consolidated Electrodynamics on April 1, Mr. Fogg said. Approximately 130 employees are involved In the change of ownership. Consolidated has assumed the lease on the 1384. p. The $03.930il /. • - aid the on newly acquired instrument Division Comanche Creek Oil Co., Redondo Beach, Calif.—Files upon Cities Service Gas Ce.-^To Increase Ac construction for stock With Securities and , common, based capitalization to The will less not financing Columbia's stock be stock common competitive company, sale in step the of will Sessions, 25,500 . for 185, 53,764 / 54,300 preferred on* share per present —V. 94,294 taxes profit first proceeds of companies subscriptions operations. Net the is net and 1957 construction (estmated at $84,000,000) and for other Investments. will be received by the company up to 11 a.m. (EST) on April the purchase from it of such of the 1,675,415 shares of its common $1,031,079 before oiienng subsidiary 3, - Chippewa Plastics, Inc. (<fc Subs.)—Earnings Higher— Six Months Ended December 31— ' "'.%/' 1956 1955 Net sales 1 $1,574,883Profit 1957, the of The Bids Cashin, Yonkers; Thomas P. Valentine, of New York. 2, programs company's M. April on and, supplemented by.cash to be additional public financing, will be used . original financing facili¬ the Columbia funds $37,500 Hogg, C. Tins the Plohn,-are Edward by closing price of the Stock Exchange on April 1, 1957. gram. 30,000 shares become 85% York of offering is to be underwritten by means subscription price, to be fixed by the The determined than auto¬ » in addition be business the Hie 1957. bidding. products have will establishing and operations. The promoters, will extending in of Plohn and to by commence company in use not proceeds funds extent minor a will 45,000 shares promoters. and, It completed. capital, of the company, to office U. this other working ties by 3, being registered) paid Newborg <fc Co. Delaware law, the company be to proposes manufactured for 470,000 $7,500 is Dana p. svstem Denver expand of locations, 717. special is broaden and the ' warehouses purpose warehouse and part a its of enlargement /I~ the warehouse , ■ of • is the company's nation's current system bv the addi¬ its existing .facilities. ' •svsfejfl.t ^Corp.—Secondary, Offering—A secondary offer¬ ing of 28,000 shares of common stock (par $1) was made -bn .March 22-by Merrill Lynch, Pierce, Fenner & Beane at $55 per share with a dealers discount of $1 jjer^sh^re. ItAvas completed.—V. 178/p. 2571: '.(1514) p t , sales* volumes lor 1957. "and for the next two or three forecast March 21 for this company by A. L. Freedlander, in an address before the Investment Analysts Society of with were President, the per first on Nrd^included by the materials its All '■ will be priced and quoted The new Fund':* net assets are aoout $124,said shares President daily as investing begins. at Feb. 14, 1957. ' 000 general the dividend policy of the shareholders in February, May. -In : " : sales and operations manufacturing contains approximately Ohio.' Acorn this GIVING The EFFECT Authorized , tOf : debentures, conv. stock Common the due amount principal $1,000,000 of Eastern began to establish air travel as a true This entailed the purchase of a twin-engine aircraft which, re¬ transportation. Martin 69 a program Silver 404 Falcon New between the cities served by -the airline, embracing principal population center in the eastern part of -the Antonio and St. Louis pn the west to Miami and England along -the eastern seaboard, and from Chicago, Detroit and Cleveland every San from to Orleans New Gulf Coast. complemented the and • by a fleet that time the fastest aircraft in operation, which took over "express" schedules, between terminal cities. •" In addition to increases in schedules,-Eastern .then took the unprecendented move of allocating upwards, of' 50% of its- long-haul schedules to low cost day and night aircoach service. Alter thousands of new customers were attracted to air travel This ; in increase vast 80/Super service "local" was Constellations, Super-C and at- . * 1 m tnese moves, i- astern tut-ii operation. It contracted for a and 10 Lockheed Super-G through V; into J pur fleet DC-7B's Nonet airliners" ; Not Falrots. Golden are did only * - - ■■ : " • these of Forty . ., fle^t—first' introduced Falcon Golden the pna^e mo , of .its program of 50 four-engine Douglas Constellations. „ last Fall—Enable .Eastern increased, and debentures 1955 in first-class capac¬ to increase 13.5%- in 1956.' but it. also contribute^ to a 37% increase in aircoach • operation by releasing" many, more Constellations for-*tbis ity $352,667. priaaipal amount* (including all deben-' owned by Sutro Bros. <te Co.) were converted into beneficially tures more schedules U;S. originally outstanding, Fund will be to pay dividends transportation was whicn has «lready than half ac¬ is second placing the obsolescent DC-3 "workhorses," were used to i.icr» ase inter¬ *964,036 shs. 5'io. convertible the and "mass" of almost outstanding \ 3,000,000 shs. (par $1)__ the phases, completed, to jet first of transition the distinct three into of city ; FINANCING * - make to program 1951, In '* plant a 1207* complished. ileet of space -.. $647,333, 1570 1, Nov. PRESENT TO • ' before of outside capital. $600,000,000 exceed in the world. Since 1951 annual traffic from 3,497,727 passengeis to 7,661,536 passengers nearly successfully been '• in floor of plant ■ 5% conducted are square-feet in fee. 120,000 owns to year. divided for percentage ,, CAPITALIZATION » greater even an of increased last means Roofing produces, ~accounting such of important its of Douglas result a has of- . Acorn's of which Nelson, 79% profits. Cleveland, was most the are for and , 20 the remaining $40,000,000 any time prior to Dec. 16, 1959. of this program Eastern has emerged as the second borrow As known premi-.es capacity by 1961. which is likely is being made with only $90,000,000 largest carrier present business as: 1016 Fifth Avenue, New York City. Acorn manufactures ana sells a variety 01 finishing products. this new open-end mutual launched on March 18 at an ; initial price of $9.75 per share. Shares are being dis¬ tributed nationally by Delaware Distributors, Inc. Linton ance 30, June on and arranged to borrow this sum from the Equitable Life Assur¬ Society in 1956 ai d to date has taken down $50,000,000 arid may ; , investment W. $1,000,000 The purposes. from public offering of shares in company tax Transports these aircraft to the fleet will more than Eastern thereof would constitute repayment income Federal to* Eastern, delivered be Jet-prop investment completed, is projected'for theftcost of the remain¬ to Slectra Addition of aiilines the total The it Lockheed 40 jetliners. double - . Offered—The first Fund, Inc.—Stock eventual any for Acorn approximately Delaware Income to be an investment company Act of 1940, which order was entered included in tne original capitaliza¬ ceased were consists principally of the operations of its wholly owned subsidiary Acorn. The company also, regain si. 50'* of the capital stock of Atner.s wat^r Co. and $7,019,000 principal amount .of Polish bonds and has recently entered -the real esut„e iield through'its participation in a joint venture which has acquired and working capital. for equipment used be to capital The company's Development Co., Denison, Tex. —Files With Securities and Exchange Commission— / The company on March 8 filed a letter of notification with the SEC covering 2,880 investment contract units (under offer of rescission) to be offered at $25 "feer unit, without undeiwriting. Ilic proceeds are that so of been aircraft piston-driven 50 DCS tiriie to time thereafter from .Acorn's earnings, the final payment' being made on June 28, 1956. * " The company atioptecnits present name at a meeting of stockholders held on Feb. 15, lsfj7. v '• • ' , " ■- repaid Mineral J3e-Vel-Co ing fleets 1955 for the purchase, at a price ; of $3,194,381.51, of all of the capital stock of The Acorn Refining Co., an Ohio corporation, which for many years had been engaged iti the business of manufacturing, distributing and selling paints, roof coating and other finishing materials. T.ie Acorn Rcfinjng Co. was dissolved immediately following the purchase of its stock by a corn and $1,500,000 of Acorn's bank borrowing was repaid from the cash received from such dissolution. The remaining $750,000 of the borrowing was * amountedto $133,410, or 15 cents per Dayton share against $108,144 or 14 cents per Dayton share in the like period of 1956. V, 185, p. 1041. company's The of used were Rubber Corp. earnings of Copolymer Chemical & first quarter share of such earnings Acorn notes $330,000,000 has Another in.con¬ Acorn by Sutro Bros, & Co. and Merkin & Co. lor the Acorn stock notes, together with $2,250,000 borrowed by Acorn from a bank, and one-seventh share is Dayton Rubber's figures these in from Co. & thps paid on undistributed the in of Such 1955. 3, return a quarter. average an tion an average of 907,676 shares outstanding huring This compares with $435,833 or 52 cents per share of 793.510 shares outstanding during the first quarter based share, the Nov. on the company has Investment Company that stating Rubber had record sales of $75,800,000 and record earnings of $2,600,000 during 1956, Mr. Freedlander said: "We are trying to plan our traveling time to reach a targetof $100,000,000 in sales annually within the next two or three J'earrn Dayton Rubber's sales climbed 11'-/ to a new high of $16,Jj3.34J during the first quarter ended Jan. 31, 1957. Mr. Freedlander reported. Sales for the like quarter of 1956 totaled $14,740,680, Net earnings for the first quarter of fiscal 1937 totaled 8441.412, equal to 46 cents Dayton that out Merkin and Co.) its the under Cipo?nunz Allen, & organization on June 24, 1955 for $1,000,000 in cash understanding that they would be acquired by the company when and if the Securities and Exchange Commission entered an order with nection record New year*" and themselves Ahead- Co.—Foresees Record Years Dayton Rubber .Financial Chronicle.*. Monday, April 1,1957 The Commercial and * . 6 by ; August and November each service. .''••• ■' -'i' ■■ • 70,533 snares 01 common stock and $2 in cash in January 1957. Tne „ the pro3peccus. Additionally, the Fund expects that "Midway through phase two. Eastern was authorized by the CAB holders of the remaining debentures outstanding on Feb. 19, 1957 have ,• anv material not gains from sales of its securities in any year will ,, and the President to acquire the assets^ of Colonial Airlines, which agreed that in the event oi the saie of tne snares oifered hereby they bo* distributed as realized security profits to shareholders in additional necessitated increasing the Silver Falcon fleet and providing for still will convert their debentures into common stock on or- before che ." shares oi -the Fund at net -asset value, with an option to shaie---: additional four-engine aircraft to enable the expanded company to date oi delivery of such shares.' • \ retire Colonial's DCi3's" and DC-4's.* " To;, pfovide. for : this; Eastern holders to elect to receive cash instead oi ^shares. • ■• ♦Exclusive of,; 120.0.QO shares ..reserved for- Issuance upon .exercise, of "» '■ordered 2d' Convair 440;-twfn-engmc Silver -Falcons, -the first-of -which The rew Fund has 1,000,000 authorized shares of $1 par .value eafch.1 of which 14.000 are outstanding. The partnership of Barringer options to officers and directors of 129,446 shares reserved for issti-'' will be delivered next month. In addition, late, this year Douglas ahce on conversion of the outstanding 5'/^^convertible debentures, and &• Nelson holds 80.71',* of the outstanding shares, according to the • will, begin deliveries • of the 20 DC-7B's with aircoach seating con..'of; 67,500 shares reserved .lor Issuance upon" exercise of options, to offering prospectus, and directors and officers as a group directly and beneficially- all outstanding sliarcs. .Barvinger .& -Nelson, which X -underwriters.- "*/ •: Z "... -• / Stating that the company was never better nrepared in terms'.of has acted as investment advisor to Delaware Fund, Inc. since-it was UNDERWRITERS—The finances, equipment and personnel to meet future air transportation names of the underwriters, the number -of * started will have a similar relationship to the new Fund, the firm s shares which- each underwriter has agreed to use ns" best efforts to needs, to report sounded a Warning- that the airlines cannot continue said. to operate sell and the number of options agreed to be purchased by each under¬ improved and expanded services and finance more costly Officers and directors of the new Fund, including Mr. Nelson, asconditions writer, are as follows: ; ' / • < equipment with a fare structure anchored to costs and Presiden.fc, and D. Moreau Barringer, Chairman, hold identical posi¬ that existed 18 years ago. " Shares Options tions with Delaware Fund, Inc.—V. 185, p. 340. While practically every item Sutro Bros. & Co :*■. of cost has increased pince 1938, the 256,809 43,334 its to. according to year, . . . ^ . , Allen recent offer¬ ing to bona ,fide residents of Ohio of 25,000 shares of * common stock at $12.50 per share, through The Ohio Company, Columbus, O., has been completed, all of said shares having been sold. See details in V. 185, p. 1152. Deming Co., Salem, O.—Slock Sold—The & Company^a-— 128,490 21.666 & -Co.^....t..,—-'14,800 Spring —v. directors The also directors ■The March on W&Ilis .will. continue Keir Mr. nonlinue has of O. Mr. Huntington, Director aging —/V. 184, Dennison Manufacturing of Manufacturing Dennison the '• ■ " Co., .Issuance of the bid 99.6173'/ for '■; 3%s. as Hutzler & and certificates, of certificates the firm Oil prich pre—Dicic offering ■/. Merle-Smith; R. W. 185. C. It. Worth; fare I * '*• -■ president is from 1925-1953, serving as staff ' member of the board of directors., director and of the Petroleum the investment Hemphill, Noyes & Co. He is Co,, Marketers« - In partner a Ltd.—tV. 185, director a 1273. p. banking of Calvan ' •; and - .. brokerage Consolidated underwriting has the of taken been offering by over of Carroll " ' a and Earnings Rise— Eastern Industries, Inc.—Sales This 1 Colo. V, See •' ■ . the common" of snares Denver, increase, and '/ , 4.000,000 & Co., 5.42 — ■ - ' .1 to pertially offset this loss through a 6% handling charge ^pf $1 per ticket, was suspended by. the. CAB, along with applications- Of. other major carriers, and the proposals have been docketed for,early" public hearing. , Despite a 14.8%% gain ,111 total operating revenues which reached a new high of 5228.040,196, total operating expenses, rose 16% -in 1956—evidence of the narrowing profit margins experienced throughcut the industry during the year. The report noted that a net income of $14,735,459 is attributable largely to lower depreciation charges and Federal taxes which can be applied to 195*5 alone. This income represented earnings of $5.17 per share on 2.8f9,816 shares outstanding at the end of "1956 as compared with $a.31 share earned in 1955 on 2,504,127 shares outstanding. The 1956 income included $537,910 or 19 cents per share after taxes from top uuposm 01 e mpuj at ib"*f.9o6,70b, or $1.58 per share realized from this-source in 1955.—V. 184, p. 725. - O. Corp. a Texas. of Gas which 185 enued montns 1956, 31, with $2,528,326 Stirlen, President. D. after taxes Net income first the for Dec. period, fiscal year, of $2,954,241 according to ' new a its sales net 1955 , $242,433, was of quarter record the in compared Eugene ^ reported corporation three peak for a three months and after provision for preferred dividends was equal to •22 cents a share on the 1,088,205 shares of common stock outstanding Corp.—To Acquire Broadcasting in paid for yet DuMont, Prr-ss- York New Corp. for has agreed approximately to radio station. a radio- the ' ' of television owner acquire $7,500,000, station highest .in Washington, is acquiring the station for cash and stock. Part of cash required for the "transaction, which is subject to approval by Federal Communications Commission, will be raised through an : offering of additional shares to DuMont stockholders. , expected are to given be the right to subscribe pointed The year. out that the .1955 in with sales after taxex cents a share quarter to 18 activities at $14,000,000 $13,000,000 "and between fiscal 1956 peak, new a sales year were the current for $10,145,663.—V. 185, 340. p. , Utilities Associates—To Increase Investments Eastern : to of sales for were the shareholders income .the. 1957 fiscal year should reflect a continuance of the growth pattern heretofore demonstrated. He added that at the present time, prospects *• the The net an on ,Stirlen Mr. • stations WABD in New, York and WTTG The equal after preferred dividends equal number of shares, $205,672 calculated price 1956. 31, Dec. 011 was DuMont WNEW 1273. p. K. Dr. are: Radio Sta¬ tion WNEW—Rights to Be Issued to Stockholders— * Writer —V. Oil and DuMont -Broadcasting ' & Co.; Baxter & Co.; Freeman & Co.; Win. E. Pollock <fe Co., Shearson, Hammill & Co.; McMaster Hutchinson & Co.; Peters, & Christensen, Inc., and Suplee, Yeatman, Mosley Co. Inc. Inc.; from passenger jhile last' year. The company's attempt , period, - & Gulf 717. p. . the of & The issue is to be secured by 10 Diesel electric road switching locomotives; 200 box cars and 250 hopper cars, estimated to cost an aggregate of not less than $6,400,000. in with President past Noyes stock ^Tlie Associates They board. 'j' ' .# . ~ -Doug-las Corp.-^-Change in Underwriting— subject, to the authorization are ancl Mr. Commission. Commerce company's passenger-operations, has. actually declined more than cents per passenger mile in 1938 , to .5.03 cents per and/ aircpach election the announced 26 Tex.; Benjamin L. Bird, Fort Blanoke Noyes, .New York City. and was Vice the to March on also 1 . sale Interstate the Odessa; Association RR.—Equipment Trust Certificates Offered—Halsey, Stuart & Co. Inc. and asso¬ ciates on March 28 offered $4,800,000 of 3%% equipment trust certificates, maturing semi-annually Nov. 1, 1957 to May 1, 1972, inclusive. The certificates, priced to yield from 3.50% to 3.75%, according to maturity, were award¬ ed to the group on March 27 on its bid of 99.643%. Bros. % t - Mr. Canon, an independent oil operator, is President of Oil Center Broadcasting Co., Odessa, Tex.; director of. the American .Bank of"' Commerce, Odessa; Secretary and Treasurer of Kimball Gas Products .Denver & Rio Grande Western Salomon r:' .J#*- • - 622. p. » is also Man¬ Ltd. of London. Co., '•*.* - •Mr. Bird, an attorney, is a partner in the law firm of Weeks, Bird, Cannon & Appletnan. He is Vice President, Secretary and a director of V. Robert- Kerr & Co., President and director of Forty C Oaks Center, Inc., and Chairman of the board of B-. O. Bracey & Company. ' Mr. Co., the export branch. who was Executive Vice-President, of Worth, Heald Dr. since 1952. He will Co. of Canada, Ltd., company - President, Jr., directors new Fort geologist, Vice-President. Wallis, N. the of Boring, lour Cgnon, the of Treasurer. President President as of .Dennison und Chairman Keir, S. ^ - 7% M, Huntington, President. Robert elected as been John elected 26 Dana C. office, and new a -"g •: '■ . Heald, Board, ' Dixilyn Drilling Corp.—-Elects Four to- Board— Pefsonnel— Dennison Manufacturing Co.—Changes in year the Civil Aeronautics Act went into effect, airline fares are substantially what; they were then."- " «' ' ^ " 1 However,-the-rerwrt !atated, because of the-expansion of low-cost aircoach services,' Eastern's effective yield from combined first-class -2,500 185,-p. -820. ^ ' Development Corp. America—Stock of one underwriting group, comprising Sutro Bros. & Co. and Allen & Co., Spring & Co., all of New shares (par $1) at $5.50 per share on a best- as proceeds from the sale of the shares will to working capital for use principally in connection with expansion of the company's activities in the real estate field. "BUSINESS—Corporation the under of purpose liquidating assets reorganization & throughout Co. largely invasion the had of early -By assets $7,519,000 the the Economic Bank stock Eauxt, of Its 1941 Ulen as Delaware a Corp. for advances, stocks, financial , WNEW Mr. in cor¬ the express claims and - as an difficulties of World War nature of investment II its had been the and business company under the occa¬ assets, * Invest¬ 1940. company had liquidated predecessor amount of 8'.* Poland and with sinking 50%- a the substantially all of the principal exceptions of' fund ownership bonds of of Athens corporation and unlimited a and Water Co. investment limited duration the (Societe Anonyme Hellenique the was and broad with company existence inco an charter restricted industrial powers.. This charter corporation conversion of Sutro Allen of decision of Bros. & Co.) & Paint & principal amount Bucklev, Wrather, will also President Loeb, share is partner a the Texas transaction. remaining cash and 25% Loeb, WNEW Mr. investment Co., be ' one the stockholders by the i to become an industrial corporation purchase on Nov. 4, 1955 from themselves and .also as nominee for company's acting for Merkin & Co. Chemical Co., of the share. It was Acorn 4% of a.il a of the Delaware notes, due outstanding capital stock corporation, June 30, and 1959 $600 000 for an aggregate consideration of $1,000,000 principal amount of the com¬ pany's 5%' convertible debentures, due Nov. 1, 1970. Such stock and had been purchased by Sutro Bros. & Co. (acting similarly for uotes issued order an EUA, wnich now owns 99.2'/ , 97.4%, and 9i.i>%. reopenor; shares, of the subsidiaries, will purchase itv pro rata not tire of of brokers for p. 185, subsidiaries three the financing a ! offered, additional shares being other stockholders. partial payment of outstanding shares any as the use - , cf its loans. proceeds short-term benk ... ; . v ^ to proposes 1384. well as acquired by ; Each —V. is has 27, common outstanding part and stock. Loeb March on three snare. "The additional shares are to ne offered for subscription stockholders at .the rate of one fer 16 in 7s- of v.i->»«/<!< for 13 in the case of Brockton;, and one for 16 in the case of Fall River. * paid about ^ DuMont industrialist. Rhoades & ' will Wrather Mr. 75%. interest- in California and Carl M. of the the basis of '75% on 2356. p. Interest in WNEW, stock of share by of • 25% a his as who Wrather 182, has who stock per and Jr.,- Chairman announced was subsidiaries of this corporation to issue and sell stock, as follows: Blackstone Valley Gas & Electric Co., 10,828 additional common shares at $105 per share; Brockton Edison Co.. 18.570 additional common shares at $62 per share; and Fall River Electric Light Co.. 13,250 additional common shares at $52 additional . - . r completed.—V. 185, . - Manufacturing Co.—Virden announced John C, Chairman Chairman -to President McGinn - President of Eaton as Becomes Chmn of CUmrman the — Board - , sinoe Jan. . 1, 1957 and formerly Reserve Bank of Cleveland, was elected McGinn and will occupy the'dual positibns Federal The succeed Mr. Chairman and J. 22. Mftrch on Virden, of Howard of retirement The was of- " 1152. p. of the Eaton company. .» ... - McGinn will continue f.s a director and member of committee^—V. 184, p. 1793. „ . , Mr. the executive , - Eagle-Picher Co., Cincinnati* Ohio—Files With SEC— The SEC to of 95% at on March shares of pursuant the to- a common the on letter of stock notification (par Employees' its' 1957 closing price day- allocations are made. aje filed 13 7,272 company covering employees New York $10) Stock Stock to with Exchange ... Inc.—Report Discloses "Half Billion Investments in 10 Years—This corporation's 10-year ever total undertaken in commercial investment according to ' Oi major this figure items development as many as of well Captain and Thomas F. ex¬ aviation, representing one-half billion a Rickenbacker, Chairman, Armstrong, President. • : ; .* . advanced has flight organization passengers than were . been infestfd since "1951 in s*'.ch eouinrr.ent, ground facilfti-nd-£ ewhich flown n last 1952. year served - almost-twice '• Eddy transaction Tne Corp, Paper, had announced been approved the companies early-in February. The on in March 21. principle by agreement officers of will be submitted to the of Weyerhaeuser stockholders on April 22, Eddy shareholders on April 23 and Kieckhefer holders on April 24. Kieck¬ hefcr Container is controlled by Eddy Paper Corp. . meetings Under the merger plan, Eddy Paper and Kieckhefer would be merged into issuance of shares in exchange for the stock The number of shares that might be involved Weyerhaeuser by the two the transaction companies. was not disclosed.—V. 185, p. of in 1041. dollars, Eddie $200,000,000 of-an over , , Container of corporation. Weyerhaeuser Timber Co. and have approved merger plans, R. C. Meier, this of directors Treasuier special ' Eastern Air Lines, The Kieckhefcr on-the-: There will be no -underwriting. The proceeds 184. p. 2439. ' , Plan'. to be used to purchase said securities.—V. i Eddy Paper Corp.—Proposed Merger— the be offered Purchase pansion program into jet air travel by 1960 is the largest Co. and Acorn serve it SEC, authorizing March 20 by Bernard on D. D. was subsidiary. implemented J. WNEW, will * Jointly, Richard and of and •/ The .. Dunham Bush, Inc.—Secondary Offering—A secondary " offering of 5,000 shares of common stock (par $2) was made on March 26 by Shearson, Hammill & Co. at $11.50 per; share, with a dealer's concession of 37 V2 cents per des meeting on April 7, 1955 and was the company of its wholly-owned nubsidiary, Ulen Management Co., with the company adopting the name The division offering RhoadeS * I -Eaton outstanding approved by the stockholders at a effected through the merger into of made was DuMont; WNEW, The Loeb, National manages the water supply system of Athens, Greece. of directors then determined that the sale of the remaining assets would not be in the best interest of the stockholders and sub-' mitted to the latter a proposal to convert the company from a liquidat¬ ing deal of of M. Maifager General WNEW DuMont. of Carl * German and The-board powers DuMont's held. now and '>*v* President .and of the President will be paid senior V. shares Co. Broadcasting. Inc. L. Mr. three Loeb & VicerPresident Manager Buckley, evenly, which of Buckley, President DuMont John ■ & the of its principal capital bonds, outbreak of from in Realization be the each • Announcement of Co., which was in*, Bankruptcy Act. Prior to the reorganization, in the building and construction busi¬ Because Act 1955, received D as for by Kuhn, engaged registered Company Ulen predecessor, world. Poland. company ment the by its the been organized was of various of under Ulen ness sioned name stock - director and a General net odded miscellaneous • Goodwin, PROCEEDS—The of Co. continue efforts basis. poration share underwritten Richard and including stock common be & York City, on March 27 publicly offered 400,000 of new will Of fered—An - El Paso Natural shares of 5.68% on associates at $100 were Co.—Stock Sold — The 150.000 March, 19-by. White, Weld & Co., per share and accrued dividends quickly sold. See also V. 185, p. 1384. publicly offered and Gas cumulative preferred stock which were Volume 18?. Number. J5625 ,;. The Commercial and. Financial Chronicle Net ^Electric Storage Battery Co. Years Ended December ' Net 'sales Income before Jncome. taxes Net 31—' zljt, • income ,♦ Earned per fEarned Current share_s_.r share-*. , - $3.20 Total assets (Ccminion *On basis 66.767.C04 1,110,490 2i stock,, net treasurj- of 891,562 shares..___r_^_ the Trusts# New York—Registers This investment March 22, v The the in .Pryne «fe 188, has completed Co.,' Inc., recessed With SEC— / : Mr. company filed a registration statement with the SEC an additional 150,000 units of participating Trusts.—v. This "company » bad lights Pomona, and for Emerson -will for 4.225 each will involve an Co.—Acquisition—%,;" agreement to purchase manufacturer shares oi fans"; Chief ami been Electric Pryne issue to stock, common share one this J. Harvey, Jr., Mr. basis) "should in General Public Utilities Corp. to Manila Subsidiary— to the par to prices at about $1,100,000. On Dec. 31, Emerson had shares outstanding. - • leases plants in Pomona and KeySer, W. Va„ with a combined floor space of 170,000 square feet. Pyme also had-a subsidiary in Toronto, Canada. In 1956, Pyrne reported earnings of $134,822 on C. Perce whereas President, be 1,366,738 Mr. the to for from Rowe . The . be 7 ^ future proposal Jan. months three period outstanding. to 1, 1957 to At ' increase to shares use. cancel to Instruments, corporation covering offered ...working headed The f and PROCEEDS:—The :be, used by the $1,337,100, ,to jtion all of .Co., S. the .funds of the will the of. shares 7,810 "so of & D D Drilling will proceeds & added be . the of to previously acquired • ; , letter a and With with and research must March McDonald & its of $1 outstanding, holders thereof Co. and par and and Kidder. Of to stock. offered be underwriting an Peabody Co. & drilling contractors in the United States. The these, D. P. > in There Venezuela, 'company are and, believes approximately that CAPITALIZATION f , / 5% of notes endorsed •Common by for F. The of ■* such of • Drilling is EFFECT among March on 12, shares stock options to 30,000 ' shares •" shares share for reserved - ; of issuance 300,000 which each of has follows;.... a3 ") shares •r" " severally ... stock, to agreed Shares Read A- Co. Inc. Bosworth, 2 Inc. the Sullivan i Co.,-, A Miller Rauscher, - Goldman, 35.000 L. Hayden,-Stone & Co^.____ 15,000 'Hemphill, Noyes & Co 20,000 F. & .but 20.000 25,000 135, & 1273. p. , . . . '• of 'The company covering March on 291 shares minority stockholders held * at for —VI are of the to first the adversely Fruehauf half of affected Informed the 1956 . • •* • of the No letter capital stock basis of one of all fact $25) (par new share .to and SEC C. of notes for* each banks.—V. to for phases 1042. 21. announced election the Canadian ,was stock half reached in at a; ended sales net taxes, lor the on . the sale the of basis year-end, basis.—V. Fischer & Porter Co.—Debentures Sold—The public coffering of $3,200,000 5^4% convertible subordinated sinking fund debentures due March 1, 1977, which was an .Hallowell, Sulzberger •and the books closed. Fitzsimmons & Co., has For details, Period End. March 2— 1957—4 Wks.—1956 $ Sales WithyrA Furness, of March Dec. of preceding profit certain of and 185, —V. 185, 1274. p. 9,828.338 123,452,465 • of Income the 19 31, in Rise that"; consolidated stated 1956 to totaled $100,966,810, units 1956, $7,136,317-for taxes 26, Corp., stock common shares these by P. of filea 1957, its par securities' for V/. Brooks a covering purchase $1 & Guilford, Conn. of . .. with 94.86% against $1,130,000 $2,099,000 $40,297,000 last, year, l-egistered in both tlr » was composite underwriting ratio in 1955, and statutory under^- $1,697,000 last year. Unearned compared with an increase as income before taxes $3,140,000 was prior Total increase of amounted admitted of assets $7,193,000 to the company yeai--end over $41,623,000, of were Policy¬ 1955. increase an $3,584,00»» : year. reported the North Star completion Reinsurance of Corp., its merger effective with June that subsequent to the merger, it had subsidiary " company beai'ing the same merged company to engage formed 1956. formed a name new tho i*einsura;nc? ■ . I? as specialized In its 30, - '**, share on previous year, the included stock, common calculated ' . 195S $1,672,283 1,066,402 1,003,896 262,400 234,42*1 •Other 1956 159,039 146,104 $310,188 $287,859 305,966 284,15'/ taxes_„_ Net opeiating income-;-; after charges— - — figures include Home Telephone A Telegraph Citizens In¬ The merger of the companies was affected as of Dec. 1, dependent. 1956.—V. 185, 1043. p. - - • General Telephone Co. .. of The , ' Southwest—Earnings-^ 1957 Month of January— Operating 1956 : -~ Federal Other income $1,771,515 81,549.559 — revenues Operating expenses 1,139,297 986,80? 239 000 215,000 taxes operating - 108,140 100.261 $285,078 218,986 taxes__- $247,490 a Net Net operating income after charges- —V. 185, p. 1043. ^ 187.04O '. as the saste on taxes income operating Tire General Rubber & Redemption— / Co.—Partial has called $64,700 of its 43i% subordinated debenture.-*, 1981, for redemption on May 1, 1957. Payment, at 105.5% plus accrued interest, will be m?.de at Chemical Corn Exchange Bank, New York City.—V. 185, p. 1153. The , - 1957 and with In the 1950 net income approximately $1,020,000 with fixed asseis no per company April 1, 1955 $ 165.405,483 18,674,661 3,175,886 14.939,054 2,719,263 taxes 1,037,700 1,055,980 J 2,133,136 1,6':3 283 elected President of Ward La Fran*^ it was announced on March 22 by Francli O. Case, President of Glen Alden. v Joseph G. Grossman has retired as President of Ward La Franc? after serving with the company since its inception 38 years ago. Hm 1,288,516 1,129,981 has 1,342,930 'SI.45 1,155,279 $1.32 ager taxes shares ♦After per J paid— outsiahuing common shave preferred - — dividends. Corp.—New Pres. of Ward La France— Glen Alden F. Norman Truck Tracy. of 46 Ward has • been suosidiary, a retained been Mr. Tracy Corp., luary, as 1956.—V. consultant to the company. a old, years La France 183, Vice-President and General Man¬ March, 1954, and a director since Fex'- had been since 1154. p. . CONDITION registration S600.000 warrants common public Co. sale The statement of first attached), stock. The through interest an rate company the SEC bonds 1972, 32 000 to group bonds, on (with and proposes underwriting on the with mortgage due Both such warrants and the warrants ' . AS C-F DECEMBER 31 as offer headed eil" v as attached to the 1956 - Glidden Co. 1955 $ Total . share?. against increase company's 191,633,222 ciivloenus Common Registers — the-public offering price and -nnderwritinw terms -for both issue Is to -be supplied bv amendment. The company has agreed to grant j the .underwriter the right to buy for &280 warrants to- purchase 28,000 common The , Tubing corporation $43,962,000 were lines. in together i and_ State ♦Earnings With Securities and Exchange Commission— The 1956., for investmeni $1,798,029 com- • . Included year. after investments, an for. comparable business. FINANCIAL March to stockholders underwriting and l'eport both expenses The ' Flexible In re-venues Earnings— 1386. income Common 89,432,635 annual its Operating Company, 2,491,226 shares of common stock outstanding provpion for preferred dividends, 1956 earn¬ after p.- before Federal .! $ s years its three subsidiary Federal • $94,207,718 income Nei 1957—48-Wks.—1956 $ 10,791,859 Total oversubscrioed V. 185, p. 1385. Up— efforts economy, ten $ Volume been see GPU. Operating Income, after provision for Federal, State incoriie, amounted to $4,111,430 as compared Year Endea December 31— interest through Stores, Ltd.—Current Sales consistent to Month of Januaiy— " General Acceptance Corp.—Business Volume Rises- vr March 21 at 100% and accrued and companies—North Star Reinsurance Corp., Guar¬ anty Reinsurance Co., Ltd., and Herbert Clough Inc.—at cost, which id less ihan current net worth. The practice will be followed in the futuFo of carrying subsidiaries at cost or net worth, whichever is lower.—• V. 184, p. 114. "sales nil-time high 1956 -due on Electric proposed is appropriate; anil The report further states that the company is carrying Its investment , during that , on year over ings were equivalent ,co $1.53 .against $1.22 per share for the director, effective April 1, Mr. Schumacher, 'formerly President of the Liggett Drug Co., succeeds Harold E. Wadely. president for 26 years, who will become Chairman.—V. 185, p." 1385. made Manila activities. longer needed -in the business.- Net earnings for 1955 similar, non-recurring prolit of approximately $340,000. Schu- Ade President, the non-recurring a from »' On of of action the five year increased an abaf- reported wholly-owned (England)—Registers De¬ Earnings be/ore taxes amounted with $6,121,947 for-1955. .$3,336,208 proceeds p. of country's next $1,359,000. company second of York filed a registration statement covering 60.000 American depositary New 26, 1957, 7.2%. Consolidated - shares 16 The 135, March on Gamble, sales -.1955. offered 4o be underwriting will be involved. March on Guaranty Trust Co. of paxed the to the The Net -: with assets underlying these x-equirements currency, „ Gamble-Skogrmo/ Inc.—Reports B. ret notification peso GPU control that the was surplus ■previously the $19,624.000; compared p. 936. * ' ' Increase-of a the compared as reserve subsidiary, 1955—and that at year's company's Missile Products- Division with $6,242,000 at the end of 1955, in for ordinary registered Ltd.—V. 170,-> p. - 1494. .*" i., - Co., Fall River/ Mass.—Files : local the S3,6G5,000. * This profit' satisfactory were shareholders, the were .receipts 7,500 : present beginning compared with $2,834,000 in 1955. While realized profit on the sale securities was nominal, unrealized appreciation during the yea? over ... for backlog of' orders 'with .the 20,000 - the to course develop of $124,754,000,. record 10.000 Inc.*. Co. & of as outside casuclty amounted compared year. results ^reported 185, The Co & Under permissible annum. $798,000 in the prior year. The company's net investment as $245,024,249 Tn ' Rothschild & Co.u__ 20,000 S. Smithers -& Co.ilv. 10,000 Company, due. are be kw unit commences operations auVaiiv^o vO Manila Electric, the Commission the consideration bears a fair relation to thb terms written increase holders' positary Receipts With SEC— Co., F. & would O's.ooo General Telephone Co. of Indiana, Inc.—Earnings— 10,000 Masterson per repayments loan • . Furness; Withy & Co., Ltd. ; 5.OO0 Lvnch_ A & White, filed 12 prepayment President .as the totaled Carpet Co.—Changes in Personnel— company hiacher on share. per used Firth The ■ $52 be to are 1955. of Fruehauf'a Canadian to sales services, parts and accessories volume $35,928,175"—an increase of 21% over end 5.000 & Pierce <fe Wertheim - Fall River -Electric. Light SE/C the Mr. Among-the the new . Shades ;-With Securities and Exchange Commission— ■ the ' $6,300,317, . were last factors of in addition to the present thd earning capacity of the utility or In • 95.28% of stock, after deducting dividends on the per share on the 5,791,166 common shares, during 1956. ' These figures compared with 3,961,054 shares, the average outstanding during ' •-■■■; earnings number a that writing $1.03 the on, tha * officials testified to oT its premium common were " opeiations," y 7,500 Stroud . Co,.j_ ; Kidder, Peabody & Co. Inc. •t company compared . thereof Inc. , Riter —V. the Leonard Moore. 15*000 Lemon shares , Clark, Dodge & Co._ Johnston, of from purchase Mead 25,000 5.000 - Sachs number - 45.010 Co.," Inc._mL-2'_ & and 20% that circumstances and .. - 'Dillon, Blyth common of ' 1956 the and 1958. given the of satisfied be was : Outstanding share "Sales exercise upon underwriters $268,460,758 compiled on average of principal Co.—Sales Up—Earnings Off— figures Include for total 1955. the * '■ - the to file ' , earnings $2.11-a combined were outstanding, and for. Issuance pursuant to restrict"#, names .t then the * 'UNDERWRITERS—The - were annual preferred stocks 820,000 shs, the ;authorized, shares shares. 1 : * ' 1,500.000 scares reserved and warrants. Net $8,711,758 1,000,000 outstanding shares per of in invested Premiums holdings of 24,703 shares. Its 1956 these Earnings three $1.50 increased were the each- to In of subsidiary. Outstanding , company 1957 for increased was Both FINANCING Authorized time.when satisfied operations. company's Sales rigs PRESENT TO ' , drilling companies operated, tl;e the six largest." - of company, 1,000,000 ($1.50 par value)$1,500,000 shs. \ t Includes 30,000 stock D number in which General Reinsurance Corp.—Operations Profitable— sales of products and services in 1956 were at an high but net' earnings were below the record 1955 level, Roy Fruehauf, President, disclosed on March 19 In the annual report being distributed to. more than 34,000 shareholders. ? " of will p.t $24,000,000 was the date the This corporation, in disclosed a profitable all-time independent the by.the two value & 15 of .= Venezuelan stock issuing par D basis GIVING * .**■ . the .♦Effective ; the on the within his Frueliauf Trailer company . its Rockwell service $5,000,000 shares; cf of GPU addition to in regular at of the Philippine and expressed hfo the Philippine econonr/ may be developed to the point that will enable the country to go on 'a free exchange of currency. In passing upon the proposed transaction^, the Commission observed that Congress, in its enactment in 1956 of i* private law which, in effect, exempted GPU from compliance with n previous ox-der of the Commission dh'ecting that GPU divest itself o:i its Interest In Manila Electric, appeared to have given considerable weight to the financial aid which GPU, as the parent company, could lender to Manila Electric.—V. 185, p. 1386. public 12,723 102,519 kw placed plant. repayments to an drilling rigs of various types: " • • " • D & D Drilling has been engaged since 1951 in drilling and supply* •ing oil well workover services for others on a contract basis in eastern Venezuela. at opinion group The .selling of by is estimated Rockwell Government with All of statement common are through 25,000 a estimated Notwithstanding these considerations, howevei\ GPU's board of direc¬ registration a is loan; but, as indicated, tb-» ultimate dollar repayment of the advances will be subject to condition? development-, 31,670 Board 91,831 rotary be appear purposes. filed 22 snares presently the selling ..•15,799 W-. general BUSINESS—Company has been engaged sinee 1935 in drilling oil gas wells for otners on a contract basis and in exploration* for of oil and gas production for it? own account. Ac¬ cording to an industry census, made in 1956, the company is among 27 advanced such advances. the Taylor, President, is selling. 53,697 of his S. L. Flom, Vice President and Treasurer, holdings of 88,89u shares; B. E. Bushnell, Chairman, is selling 46,230 oi his holdings of 90,155 shares; Bushnell, Vice President, is selling 47,293 of his holdings of shares; E?lelle B. Bushnell (wife of N. E. Bushnell) is selling of her holdings of 61,496 shares; and Bushnell Steel Co. Is is company.■; largest unit ,'r In passing upon OPu's preferred stock to Star Sales, Inc., Portland, for corporate! the consideration regulations, Corp., Tatnpa, Fla.—Registers With SEC 300.000 are by by company. ( 10 cash make by the Commission to the effecri cuirency controls in the Philippines upon this transaction. Sine;/ the proposed construction and method of financing involves the matte';; of future repayments In dollars by Manila Electric to- OPU, Manf?% Electric applied to the Central Bank of the'Philippines for approval oT sums notification the to live years from and at the rate , Ore.—Files of of be to Particular non-cumulative T,b be,, used other on covering Sale holdings and operates cost regulations and development 'the to program. Such approval was granted, subject to a provision that such future dollar repayments would be subject to govering Philippine $4 of .gate Construction to corporation this announced 25 -the as stock¬ the shares offering price and underwriting terms are to be supplied by amendment-, The prospectus lists 11 selling stockholders, who own in the aggre^ 581,131 shares. (72.64%) of the outstanding common stock of the will these Steel snares headed be stock oi sale the - SEC public outstanding indebtedness amounting used in connection with acquisi- prepay common balance ; closed. proceeds' fiom to $1,213,757 the of The A. net company and books the authorizing March on of ■ authorized time same retire share*,, through per -are and corporation tuese banking, group which on March 28 offered 300,000 shares of common stock (par $1.50) at $12.50 per share. This offering was •oversubscribed ; Commission proposed installation of stvuetion program one investment an ($10 par iileci 11 shares proceeds capital Florida Falcon Seaboard Drilling Co.—Stock Offered—Dillon, Inc. Exchange a'decision tors determined that the This Co. and of expected to be completed and total addition , calendar a the 5<000,000 snares the and Inc., Portland, March on 10,000 at The Ore„ corpoiation on March 8 filed a letter of -notification with"the .SEC covering 1,000 shares of common stock to be offered at market (estimated at $18 per snare as ox Feb; 19, 1957), without underwriting. The proceeds are to go to Albert J. McLaughlin.—V. 184, p. 2440. & ; '. j To Make Cash Ad¬ — supply the dollar component needed to purchase certain of the necessary heavy equipment In thb United States. The balance of the cost will represent expenditures tn be made In the Philippines with Philippine pesos. According to tho record, the demand for electric service in Manila Electric's service areh bus increased sharply since the end of World War II. Its 1957-59 corr- Securities and Exchange Commission— The .Read the The . proposal a preferred stock without par value In thq. treasury;—V. 185, p. 1274. Florida • , " operation t j Electric, which supplies electric utility services in and around City of Manila#, Philippine Islands, will use the funds in connection plant, by-law comparable shares common 2,500.000 possible approved-a held pow SEC ; Securities issuance with v (adjusted to a calendar year, iVhlJe net. income was $778,279, or 51c average approved common -stock first the ;-cumulative Electric reported net income of $2,247,296 of $56,493,889 in the year ended Sept. 30. Pryne said he will probably remain as Chairman of Pyrne, which becomes a wholly-owned subsidiary of Emerson. Edward F. Kelly is expected to remain as President, he added.—V. 180, p. 1535. Epsco, Inc., Boston, Mass.—Files With SEC— in Manila Rowe quarter 13-period year. a available holders in company changed its accounting procedure Mr. >, be to its foreign subsidiary, Manila Electric Co., from time U* during the period ending Dec. 31, 19o8, in amounts not exceeding $3,750,000 in the aggregate. sales of $4,725,474. - Emerson tales to time Chairman. of this 323,308,341, shareowners $5 Common the basis from The Pryne on The . the improvement" over tne on March 27... initial; 1956 amounted company year all of Pryne's outstanding stock, he said. This 38,000 shares of Emerson common stock, valued at of show Harvey .reported, the share-bn per said. Pryne plant Is expected 1153. p. vances Chairman of as named and Vice-President.. Prior office no earnings net year Sales its of the use, 185, 1958.—V. • Officer. Flintkote's was been . of I. Officer Administrative Executive as had elected 27 Executive Chief serving there last- year,:Mr? market 633,004 March on and Sales/and of assets tne ventilator of . Emerson industrial and July, Estimates First Quarter Net Ahead of Year Ago—In¬ crease in Authorized Common Stock Voted— acquire about current v tion S400.000; $3,750,000 infra-red calls agreement common low-pressure flexible tubing. will be applied first to the loam» mobtained ToVo. p. Calif., , The of bonds the borrowings of Harvey' previously cnange, heaters, in an exchange of stock, W. R. Persons, President of Emerson, and Ralph Pryne, Chairman of Pryne, anndunced on March 21. .2 *. of bank Cio.—Harvey Chairman—Rowe President— directors Board President as 1957 covering Emerson Electric Manufacturing < at bank Flintkote ' the interests estimated make,new In , on sale > ceremonies in Hudson, Ohio, on March 27 marlufl .the beginning of construction on a new 650,000 square foot manu¬ facturing plant there for the corporation's Euclid Division. Especially 'designed for the manufacture of crawler tractors for heavy construc¬ , , manufacturer a outstanding General Motors Corp.—Building Plant in Ohio— Ground-breaking ,'•"•• advances outstanding Immediately beforel-for-4 stock December, 1956, ;tOn basis of snares outstanding Dec. •31# 1956.—V. 184, p. 2624. ' ' , - 1 {' prices commencing at $6 per share. be reimbursed for certain expenses of-- shares .'distribution Elfun at 7^ will ' for working capital following which the company intends $250,000. The balance of such bond proceeds plus the net proceeds of tne sale of stock, together with the •new bank oorrowiiigs, will be used to defray the cost of the company's expansion program and for other corporate purposes. Including working capital. This program consists primarily of expanding and improving tiie facilities at its, Guilford plant.—V. 183, p. 1109. 7,250,819 -- is to 38,8307560 6,803,291 ■ corporation proceeds-of purposes) 2.33 $ 38,679,954 67,961,916 assets Currentliabilities exercisable underwriter $10,000. of Net $2.9b - be the excess payment* of $2,585,081 $4.00 ^ in The 5.041,944 t to am addition, not ~ 2.456,163 $3,557,771 per • 7-276,771 1 , •In 3,719, COO __:_™-" ; bonds " 1955" 1956 $94,834,103 $96,150,930 t income -taxes - Up 38%— 2 \ (1515) # assets Total receivables Net On of the income common average per shave Income before 74,773,900 Federal taxes 12,372,929 $1.5). Dominion shares outstanding during in 1956 as each year, net earnings to further and improvement'.in anothei record 1957. The year."—V. 134, Feb. 28,*57 outlook p. is 1121. for sales • Feb. 29.'56 $111,936,858 $107,284,90it 7,473,183 7,721,22*3 better ; and taxes cn shr.res on income State Consolidated Common against $1.37 in 1955. ; Viewing" the: prospects for the current year, F. R. Wills, President, stated,- "The. achievement of a record year in 1956 gives us an added 'impetus Subs.)—Earnings Slightly Lower— 5,9.49 stockholders number of was 79,069,391 6,469 t - 100,981,475 99,044.818 93,659,900 (net) funds worth Number Net 125.227.175 18,250.239 Eorrcwed (& Six Months Ended— & * net income — 196,000 income'taxes • income_„i outstanding Earning? per share of common stock : $2,635.22U 2,296,170 - 3,884.000 202,OOJ $3,481,183 (est.) 2,295,740 $1.58 3,796,000 $1.52 Dwight P. Joyce, Chairman and President, reported on March 21 that Glidden operations' during the second half of 1957 should bring l-esultb S The Commercial and Financial Chronicle...; Monday, April 1, (1516) Reports Goebel Brewing Co. —New Developments — Loss—working Capital Position Strong— The company Pur*" Crystilled March 25 introduced its new on Goebel beer. The company also presented ior the fir. t time the new blue and eold Goebel design which will be used on all packages of Goebel beer. Referring to the 1956 annual report. Edwin J. Anderson, President, said that Goebel is In the strongest working capital position In Its history $3 753,770. Cash totals more, than $1,000,000. and when a tax recovery of $1,058,455 Is obtained, this will be increased. Mr. Anderson revealed 1956 sales oi $22,502.13^, with a net lost, of $1017,883. This compares with 1955 sales of $31,819,344 and a net income of $206,377, or five cents a share on the 1,528,650 out¬ standing shares of common stock after preferred dividends. Mr Anderson said the most important feature of this report, not readiiy recognized, is that the loss does not represent a cash outlay by the company, but is largely non-recurring and in the nature of a non-cash expenditure, He emphasized that the major portion ol the 1956 net loss resulted from the unusually heavy and non-recurring losses occasioned by the sale of the Oakland, Calif., brewery, dis¬ continuance of the production and sale ol Guinness ale and beer, and higher operating costs due to increased labor and material costs. In discussing the company's future, Mr. Anderson said: ' We are pleased to report that Goebel will show a small net profit lor the first quarter "Based of 1957. . and esthnate this on famous its of brewing the in Armin on basis in 1956, Simon Askin, President, Chairmen, told stockholders in the annual Indian Head Mills, combined a fcchlesinger, A. mailed on March 22. Heyden Chemical Corp. net sales In 1956 were $24,412,507 as com¬ pared with $24,656,654 in 1955, Heyden earnings per common share Were 96 cents in 1956 on the 1,061,026 shares outstanding as compared with $1.01 In 1955 on the 1,077,026 shares then outstanding. Net appraisal ol the potential believe that this company will for the show a our net after income in taxes of sales 672,319 the on 1955 646,461 the on $1,106,324 in was in Inc. 1956 $22,051,499 were as 1955., Earnings per common share were shares outstanding as compared with $1,42 in shares then outstanding. Net income after taxes with $21,502,233 in compared $1.43 Industries Newport with $1,054,221 1956 as compared added operate V.- 342. ,-V,. v: i\,\, . .",7 Herman Sokol, Vice-President in charge of market announced on March 25. for processing alkyd resins includes a step-wise esterifatty acids that increases the proportion of high molecular Dr. Uranium Inc., Goldfield, Nev. Goldfield Vacated of ficatlon weight polymers.—V. 1043. 185, p. Electrochemical Hooker ,.y.- Feb. 28,'57 sales Net i ......... Income before Federal taxes Federal it SEC, the from was The 4,517,700 2,997,200 hock¬ ensmith, a promoter, director and officer of both companies, had been convicted on April 23, 1956, in the Superior Court of the State of California, Los Angeles, of violating Section 26104(a) of the California Corporations Code, which prohibits the issuance or sale of any security in violation of the provisions of Division 1, Title 4 of the said Code; and (2) that Neva-Utex had violated the terms and conditions of Regulation A by offering and selling Its securities in a jurisdiction not named (state) in officer an Howard and latter, the of (Based $2,192,100 33.125 $2,768,100 53,125 $0.33 - - $0.46 : of share results stock-——_ common operations of consolidated the of non-recurring $334,100 number on shares of profit ol marketable 28, 1957.—V. sale on Feb. outstanding cers directors or Goldfield of at July held meeting stockholders 23, 1955, and have not since been nor are they now connected in any with the management cf that company, (b) none of the securities •way This in subject had company according sales, Net last gams its to 66'i in annual report. se¬ its 1956 in 1956 amounted to $1,205,345, equal after requirements, to $3.59 per common share, based on outstanding at year-end. This compares with profit to the Goldfield of name the suspension order Uranium to as Inc. therefrom, that company.—V, 184, credit in about of the $1 1956 for reported net $37,500,197, has been added to earned surplus. increase over sales of $29,860,522 an President, stated in the that report 1956 increases and sales can be attributed mainly to the company's expansion program, which included opening 13 new stores service in 184, points. He substantial further V. added sales that this increases should also result 185, p. 1387; and program 1957.—V. in F. Williamson B. to Month ol January— Chairman his the of Vice-President, B. Board.—V. P, 185, has Williamson, elected been who Jr., ment Great Sweet Grass Oils, the Securities issuance .Exchange stocks to Commission on two orders under Section 19(a) of Act of summarily 1934 suspending April inclusive; 1957, 3, and March of (4) announced 22 Securities the trading in the capital respectively, on the Ltd., ten days from March 25, declared .that such action is it necessary and appropriate for the protection of investors and to vent fraudulent, deceptive or manipulative acts or practices. —V. 1386. P. Net 856,649 $46,092 9,376 12,025 ---i---- pre¬ 185, adjustments, have Year Ended Net Dec. (<fc Subs.) in 31— sales 1956 142,559 bonds..*.,. 70,058 before 'Federal income $7,898,099 765,503 refundable Federal taxes—292,003 refundable-....*.-.....,.--,*,. taxes 333*464 been adjustment on $154,500 income (The bonds. 195G statement, do not reflect adjustments for franchise tax reductions and interest which June,. .1956. If the applicable portion of the to to $26,637 for January, $127,863, 1856, instead of the of month deficit net the $154,500.—V. Years'Ended Dec. 3i— sales Net January, 1956, for that month 185, 1044. % p. Net *" Net Joss Number of 5 $292*003 185, 286,024 286,024 $1,300,000 $1,382,000 shares.*,.*.-; common convertible —V. $432,039 __ debentures— - 1386. p. Sales, and earnings this of the current fiscal, share— Net working capital-.-*—— Long-term debt Net fixed (Book ending March 31, "will- be substantially ahead of last year," Laurens Hammond, Chairman, informed stockholders on March 11, in a letter covering the first nine months of business. Number "Business continues the fiscal to year," Mr. Organ Hammond earned be good Hammond the in a months, ended Dec. 31, 1956, compared share, for the like period one year ago. "The general outlook for business our share a said that the with $2,890,697, Continues to be first $1.94 or favorable," had taken preliminary steps to make its shares for trading on the New York Stock .Exchange. "We anticipate that listing will become effective sometime in July of this year," he added.—V. 185, p. 822. application for company listing Harbison-Walker Refractories Co. — Securities and Exchange Commission— This company filed Registers With March on 1957, covering $1,950,000 of participations in its ThrFt Plan for employees, together with 30,000 shares of the company's common stock may be purchased pursuant thereto.—V. , 185, 719. p. Hawaiian Pineapple Co., Ltd.—Sells Notes The company has sold Privately— privately $4,000,000 of its 5^4% notes, due 1972, tp seven insurance comoanies The fi¬ nancing was arranged by Dean Witter & Co. proceeds .expansion and New 'Co. York of will Life Insurance California each companies surance Co., mobile used' for additional working capital and for diversification. surance Co. took Life Co., Insurance Sun and tb^' $1,000,000 purchasing Franklin Insurance Farm Life be the Insurance Life Co.—V. Co,, Assurance 185, p. the were Life notes. Farm of Insurance The other, In¬ Mutual Canada, Auto¬ and State 822. Hercules Powder Co., Inc.—Registers With SEC— This company, 20. a registration statement with the SEC on March covering $5,000,000 of interests or participations in its Em¬ Savings Plan, together with 132,000 shares of its common capital P. filed stock which may be purchased transmission nection pursuant thereto.—V. Heyden Newport Chemical Corp.—Expects Increase in ,3957 Earnings— income SEC the board two that resulting 4tt in earnings in 1957 as tractors crystals electric, power-assist and and certain other steering/ special patent applications in con¬ items. These Payment Fund, after charging off these deferred amounts reflects a which has profitable resulted in increased management and of basis, contrasted as to Bfell' Telephone a net income 1957 23,323,954 —V. 4,186,000 3,848,851 income charges after 21,552,749 4,603,000 taxes $4,468,405 4,509,043 — 3,504,602 $4,884,949 Net operating Net 1956 1. $36,660,754 $33,711,756 — taxes— operating of Co.—Earnings— January— Operating revenues Operating expenses Other corporation, the combination Heyden of the assets and business 4,060,464 185, p. 1154. organizer, of Twelve Months Ended January 31— revenues Operating expenses and taxes 64.518,646 Jan. compared 2. 1957* will with the results achieve of Per he an Hayden share 61,963,323 $18,026,538 $16,469,727 4.042,858 : — —u income $3.17 per of end March on Balance —J req linemen t. applicable Common, shares earnings • 27 to *Ehare stock..: on Jan. 15, „ Co.—Earnings 27% Higher—- reflect income 1.896,391 in an Coal in production 44'4. of tons 1956 in common totaled This'represents 1955. 14.782,405, tons,, as increase . ' of 27'(- over 1955, $6,161,076, equal to shares outstanding at the increase 1955 was . $79,869,088 of the on 1956 net $117,878,716, high, income all-time an an1 increase <of 48/f over , from Island Creek's own mines in 1956 totaled compared to 10,244.492 ton® mined in 1955, an addition, the company's sales organization sold In produced by keted others. Production by lessees, not mar¬ which it received royalties, totaled by Island Creek, but on 408,158 tons.—V. 183, p. 2898. Sulphur Co.—Reports Lower Earnings Jefferson Lake President, on March 25 reported net profits 1956 of $1,607,786 after income taxes, equal share after payment of preferred dividends, against $1,711,189, equal to $2,32 per. common share for the calendar year 1955. The decline in earnings was due to the reduction in the export price of sulphur and to the increase of operating costs. The company's reserves of sulphur in the* form of sour natural gas have been increased many millions of tons through agreements with Pacific Petroleums, Ltd., and Westcoast Transmission Co., Ltd., in the Peace River area of British Columbia, and with Mobil Oil of Can¬ ada, Canadian subsidiary of Socony-Mobil Oil Coi, in the Calgary area of Alberta, Canada. The plant for sulphur recovery in British Columbia is scheduled for completion in October 1957, and drilling of two additional wells will begin within the next ten days to further develop the sour natural gas reserve in the 80,000 acre farmout in Alberta. H. Eugene for $2.16 to Walet, calendar the Jr., of year commoD per 185, 1387. p. Kerr-McGee Oil Industries, This March corporation. filed 21, 1957, covering a Inc.—Registers With SEC registration 1,866 statement with the SEC on in its Thrift PU-n, 468 participations 3,685,338 2.111,000 , 2,111,000 $11,872,680 $10,673,389 outstanding at end of period— •Including 200,000 shares issued as Co.—Registers With SEC— . in income said. Salvati *3,210,000 1957.—V. 185, 3,010,000 p. 822. its Savings Plan, and 6,203 shares of the company's which may be purchased pursuant thereto.—V. 185, cticipations in pa stock 1276. p. King Soopers, Inc.—Financing Canceled—? >. In stock, common manager, filed 1955. Consolidated $13,983,680 $12,784,389 *,_ dividend investment and sponsor Fund's shares. the Consolidated said. common income deductions registration state¬ net profit for 1956 of this company and its sub¬ $8,793,072, equal to $4.03 per share, on 2,146,391 common outstanding at the end of the year, Raymond E. Salvati, shares 1956 1957 $82,545,184 $78,433,550 - a names was Canada.—V. Cpoiating Net Inc., Minneapolis, pro¬ operating loss $459,000 reported for the first quarter of 1956,—V. 185, p. 1154. Illinois of covering 10,000 shares of its Joseph M. Fitzsimmons as executive officer. Investors Diversified Services, principal Fund's company 3,707,512 efficiencies. Operations were also charged with $1,392,92? for depreciation and amortization of plant and equipment. NOTE—Operations in the first quarter of 1957 are expected to con¬ Month Co; President, told stockholders In the annual report. normal a Trust & Insurance 1957, 25, prospectus Island Creek Coal duction on of Board— public Mr. -* ... reported to shareholders. move directors of on Banking Consolidated have programs this from -the acquisition by Newport Industries Inc. effective Increase for credit for 1956, and the1 financial strength of the cor¬ poration has been correspondingly improved," Don H. Gearheart, Presi¬ dent, and John O. Ekblom, Chairman of the Executive Committee, land—a Pennsylvania affiliates, March on The distributor sidiaries substantial-tax Preferred are development, of quartz been abandoned. Gross Indications 92,069 2,637,509 184, 2740. Current to units with "Net gold and 5.33 113,771 3,399,504 .a — (On related years, Income j shares shares Illinois Power Co.—Reports Increased Earnings— 1957. ployee 386,791 18,661,872 5.46 :.*.— the year, according to the report. This amount includes wilting off deferred charge of $532,639 carried on the balance sheet, fo^ various research and development expenses.' These expenses,' made in prior in¬ National American State Co. - stock Federal Occidental of notes , a tinue The 1,392,927 24,239,463 3,&95,445 Extraordinary charges against operating income also Includes $311,738 relocating manufacturing facilities and corporate offices in Cleve¬ (he SEC 21, •which 10,928,668 4,073,131 10,018,259 for registration statement with a preferred Nil 13,015.965 common stock .publicly held after providing for pre¬ publicly held. (Extraordinary charges against operating income aggregated $844,377 ferred quarter the in ^Mr. Hammond declared. He *20,189- $0.09 ._*.*. share per common •Loss. 189,133 , for $3,552,78.1, nine final present reported. or $2.38 620,364 assets value Number of : * — yfear, for company 1,618,714 14,096,375 per Depreciation and amortization Not worth —— Hammond Organ Co.—-Sales and Earnings Higher— - taxes ; , earnings 1955 $62,015,289 $16,353,332 *.__ extraordinary charges & inc. earnings (Net 1956 .——* .(Inc. Jt>eiore columbium-tantalum has a registration statement with the covering 75,000 shares of its $15 par common stock,, to be offered rale through an underwriting group headed by The First Boston Corp. The public offering price and underwriting terms *ara to be supplied by amendment. The proceeds from the sale, of the common stock, together with the proceeds from the sale later in the year of $5,000,000 in. first mortgage bonds, and with other funds will be used to repay bank loans of approximately $4,500,000 and to finance the company's con¬ struction program through early 1958. The company presently esti¬ mates that planned additions and improvements to its system for th»t period lrom Jan. 1, 1957 to Dec. 31, 1958 will cost about $7,409,000. of which approximately $4,400,000 will be spent during 1957 and $3,000,000 during 1058. v "V, ' The company first paid a dividend on the common stock of 20 c-nf a .share on -June 15, 1946, a total of 65 cents oemg paid during thet year. Quarterly dividends aggregating $! a share, were paid in 194-7 and 1948, $1.10 a share in 1949, $1.20 a share. yearly from 1950 through 1955, and $1.24 a share iri 1956. A quarterly dividend «f 32- cents a share was paid on March 1, 1957, and a like dividend, bvA been declared, payable on June 1, 1957, to holders of record May , 15. 1957 in which the new common stock will participate.. * During .1956, operating revenues of the company amounted to $13,.458,895 and net. Income, after preferred dividends, tb $1,385,571, equal to $1.83 per share of common stock. This compares with operating revenues of $12,526,392 and net income after preferred -dividends of $1,275,608, or $1.69 a share, for 1955.—-V, .185, p, 1044. for 70,958 $139,416 . Hupp Corp.—Sales and Earnings Rise- 1955 —_________$7,673,338 Net loss $9,000 of leasing out the bal¬ with various companies process negotiating First Iowa Southern Utilities this until back . -Earnings Improve— the is { Greer Hydraulics, Inc. of SEC special amounting related income interest of and made not were were to .its Variable the the well as $58,117 140.537 .... — shown as estate would f ■ $71,179 (deficit) 'Exclusive real .and stock. is Inc., $902,741 856,779 $61,803 income income charges on adjustment figures, is in and newly organized investment company filed with This Interest Ltd.—Delisting Continues— Exchange this company and of Kroy Oils Stock Exchange, for a period of of American 1957 and royalty six months thereafter. expects to start ship¬ of North America—Banker elected President and (1956 $918,582 income 'Income The 1957 • taxes-.-*.-. Non-operating Gross Inc. claims Chairman of Day, been common becomes 1386, p. ? operating revenue Operating expenses and Operating Executive father, III, succeed L. Investors Hudson & Manhattan RR.- -Earnings— Goodall Rubber Co.—New President— -> President Mines, uranium America This Gross 322. minimum Minn.—Registers With SEC— 821. p. guaranteed a interstate Bakeries Corp.—Nafziger Becomes Chmn.— profit successful and share which per were ,' The directors on March 26 announced the election of Ralph Leroy Nafziger, its President for 27 years, as Chairman of the Board and of John R. Dow, Executive Vice-President, as President. Mr. Nafziger retains the title of Chief Executive Officer, devoting his attention to new products, baking techniques, and further development of the organization he founded in 1930.—V. 185, p. 1C44. 1955. George O'Leary, In thereby p. said net 1955 or the on included Not of eliminate .He expenses. Philadelphia Fire & Marine Insurance Co. and Indemnity Insurance Co. of North America. Mr. Day has also been appointed a member of the executive committee of the three Companies.—V. 184, p. 1123. $2.23 per share after preferred dividend re¬ 282,536 shares outstanding on Dec. 31, 1955. 1956 figures, the report notes, is a special tax $727,008, of quirements, has Co., North 26',o preferred the 315,- shares 000 for Industries and Mines, Inc. also concessions in French Guiana. « vacating overhead and 185, 66%— profit and net ol year calls Insurance Co. profit dividend Goldfield's notification has been sold, and (c) if the July 9 order is vacated as to Goldfield, the offering as originally proposed will be abandoned and the notification withdrawn. Accordingly, the Commission has modified its July 9 order so as the inventories end. William Houston Oil Field Material Co., Inc.—Profit Up Salts in a of that 7 W agreement Industries and ance companies. to 719. p. notification. its Subsequently, an affidavit was filed by Oscar Morissett, Secretary of Goldfield, accompanied by a certified copy of the minutes of a stock¬ holders meeting of Goldfield, reflecting that, (a) Scott VV. Hocken¬ smith and Howard Hockensmith were not elected or reelected as offi¬ of ping uranium and vanadium within the next 15 days. Gross payments of approximately $1,000,000, including the Atomic Energy Commission bonus, already have been made to date on ore shipped from the Henry "Mountain claims which are owned by Industries and Mines, Inc. curities. to stock of Goldfield, Nev- The July 9 order was based on infornitaion (11 that Scott, W. Hockensmith, a promoter and director of Goldfied Uranium and and control every six months for two years and $18,000 every The lessee has started mining operations and 15,765,300 income-/.-—... on dividends 'Includes request Uranium a measures President. Regulation A exemptions irom registration with respect offerings by Goldfield and by Neva-Utex Uranium, Inc., also Neva-Utex at tight these corporation has leased 25 of its 350 uranium claims located in Henry Mountain area in San Juan County, Utah, to Henry Moun¬ tain Mines, Ir.c,, it was reported on-March 22. by Martin Lasher, *Feb. 29/50 2,325,600 taxes Income.. on per (Includes announced cn March 21, has issued an order of this company that its name be eliminated the Commission's order of July 9, 1956, temporarily suspending The granting the on This $25,864,800 $26,092,500 — income Net Preferred Suspension — considered be can the , Co.—Earnings Lower— 3 Months Ended— SEC— by dividends Industries & Mines, Inc. (N. Y.)—Leases Claims'— method This (Earned Order before development, "If V, 185, p, worth Robison, President, stated that the mills continue to normal rate of capacity and that the company is main A have enabled the company to maintain approxi¬ mately the same level of sales and profits in the first quarter of this year as in the last quarter of 1956.—V. 185, p. 1044, polymer alkyd technique which improves the properties „of has been developed by Heyden Newport Chemical Corp. re¬ searchers, E. taining that net stock. James high resins the to common in 1955. Develops New High Polymer Alkyd Technique— A Inc.—Earnings Higher— The corporation has reported net sales, of $5,341,378 and a net profit $355,965 for the first, quarter ended March. 2, 1957. Comparable figures for the first quarter of last year were sales of $4,997,000 and a net profit of $17,500. After payment of $60,664 in dividends on the preferred stock, the first quarter profits for 1957 amount to $1.29 per share on the 229,000 shares of common stock outstanding. The directors have authorized the regular quarterly payment, on May 1, 1957, of $30,756 into the preferred stock sinking fund. The preferred stock restrictions require that approximately $1,140,000 be 1956 as. compared with $1,550,614 $1,473,615 in was of 1955. Net ^ of 1957, we firmly profit for the full 12 months. results materialize as expected, the directors will soon give consideration to resumption of dividends on the common stock, *— remainder Newport and report "a revolutionary process for purifying water, to be used lying system, and 1957 20 connection )K>sed issue with Writer Peters. announced that proposed offering of 263.048 shares of common & Christensen, Inc., the underwriter, on March financing has been cancelled and the pro- this aforementioned will not take place. See also V. 185, Number 5625 Volume 185 .The Commercial and Financial Chronicle „. Kroehler Mfg. Co.—Sales and This consolidated 31, Dec. 1956, amounted This taxes dividend tions for of payable During 1956, to from The net' 1956 and of at Dec. 31, 1955, equipment and Co. 1956, 2% a to were $3,400,000. Kroehler connection with inventories $32.12 31, Dec. at acquisition, and Furniture funds provide to 40 Great See Sweet Grass Oils, Ltd. The its directors share, per 1957. 185, purchased by an April shareholders this time, outstanding declared 28 dividend cash a of on March 18 file a letter of notification with 76,400 shares, of common stock (no par) to b© share, without underwriting. The proceeds are to be used for expenses Incident to mining operations.—V. 181, p. 2243. The Steel Co.—Plans stockholders March on 26 Private approved net while assets 7,700 among net assets totaled $53,108,866 were shareholders.—V. $55,501,096. with 185, A 1,152,432 45 pp. year shares 4%% 20-year promissory notes., . / •The company plans to take down $4,000,000 Ludlow Manufacturing & Austin its B. Mason subsidiaries, served of it and for company President announced was Vice-President the Sales Co.—New President— elected been has than more this of March on 21. Malcolm succeeds years.—V. 45 and of company He formerly Stone, who B. 1,74, See a wonder-working "portable in ability, on March Mississippi and out into the Gulf. "Designed and built by E. G. LeTourneau, elevating prodigy fdrtress. But the Two the to the height of Gulf Upon its and, /'Deck the of legs,, and will the of area weight be foot a well, then itself Retail —V. raise its an the to water, and acre, other platforms, operatingr pounds. LeTourneau's marine companies. All months.—V. 185, facilities 1388. p. at scheduled are * recently Nicksbuig, for for within three the , r, begun were Miss., delivery - . nine & (Eli) Lilly 184, & balance later was withdrawn.—V. 185, 720. p. Lincoln Telephone Telegraph Co.—Registers Securities and Exchange Commission— ' The company, Securities and & March on Exchange filed 28 registration a statement common stock (par $25), common stock on its held, and certain to be will company the of basis Proceeds employees. used reduce to share one for be to short-term three each received loans bank shares shares the by incurred • Of to represented . is expected about April 1957, and These that 17, 1957, that the tentative be underwritten by stockholders to common subscription dates will offer subject are of be made record expire the to will on or obtaining scription This will build Ind., replace to C. Becherer. President. Construction In. 1958. is expected in 1959. this ... new site - is expected to be bearings at the completed plant new for feet in the in feet square of ■ , located in the center is persons of 70-acre a expected portion expand to of two-story office, the new Link-Belt bearing plant will floor and will be approximately 800 feet long and depth. It will have a total area of more than 400.000 will and the embody of ball The new latest roller and specialized well as equipment other as types expected John • A. a A new malleable iron completed be Metz, law firm President of before the foundry at the Ewart plant of the year. end of of McClure, Metz, Link-Belt plant in Indianapolis. First quarter sales last for Month year are MacAlister. & General and expected Mr. of Manager to exceed Whinrey of those is Vice- company's the Ewart the period same 135, in 1957 continues ahead of at stock common amount 1962, converted if at the of rate of debentures, if the rate of 100 thereafter prior to at and redeemable at for and 6% 1964 to 1966. years ; the sustaining or base from borrowing of banks be its thus life, far 1928, Metro, Inc., is engaged ill the fi¬ durable goods; the small loan business and accident insurance business. Its in and health centered have Washington, in the metropolitan areas of Balti¬ C. D. GIVING TO PRESENT Authorized EFFECT March $10 31, of stock—$1 600,000 50,000 shs. $300,000 shs. 38,049 sbs. 206,208 shs. cumulative, par payable on demand and bear 6% They are held by five individuals, {Includes 20,000 are payable monthly. annum receipt of cial aircraft work > Carl eral new 1 done ever at the for the on first March strictly 27 Hagerstown. planning, F-27 shares 185, it stock Public options announced issue to Utilities and on sell and Corp.; consideration bank thereof notes.—V. Midland new and an¬ tool of of Star Preferred Gas amount of tooling on the job, manufacture for a which for 'a* total of Co.—Stockholders common company for announced In the held certain by employees oi of the March 21, applied to tha has additional stock con¬ 183, and 1957 fiscal of dollar sales Is the taxes amounted shares common earlier shares., to $520,989, equal outstanding at Feb. $706,679, was equal to $1.27 a has been declining for eight months, Mr. Riggin reached a level where the company's copper and competitive again are 184, with steel, aluminum, plastics 1354. p. lines, according where area be in operation has company to the The company The and ham. and to the corporation on March 11 and be used open to a to upon the The the be located Alabama plant also be the most new its at plants Shipley said. Haydenvllle and in Ind. the be third Natco plant in Alabama. plant, Natco makes face brick at North Birming¬ company operates 15 plants in four states and Canada, manufacturing a diversified line of clay products.—V. 184, p. 429. both struc¬ non-structural this of Fibres, Inc.—Reports Loss— corporation in 1956 of $1.97 per share in 1955. Bannister, President,' reported during offset 180, in resulted a consolidated stock of the earlier automotive p. 482. ' Trust while operations were 185, p. 1046. Co. 183, p. of has New called Redemption— York, for 140 trustee, Broadway, New York, N. Y.r— 2077. National Petro-Chemicals Corp.—Bonds Sold Private¬ ly—This company has placed privately $22,000,000 of first mortgage bonds with New York Life Insurance Co., Travelers Insurance Co., National Life Insurance Co. and Fidelity Mutual Life Insurance Co. So far $14,000,has been taken 000 cjown to repay bank loans and ad¬ parents, National Distillers Products Corp. and Panhandle Eastern Pipeline Co. The balance will be borrowed later this year for the same purposes. vances New from the York Trust Co. is trustee. National Vulcanized Fibre an equal said on March the sales net level 26. sales net is in 1956 expected Sales for Co.—Earnings Up 70%— the were in 1956 year's volume $22,754,967. previous record Consolidated 1957, highest second Eugene R. Perry, totaled $21,348,461, of $18,895,363 and a in history President, gain of 6% leas 13fV than of earnings for 1956 rose to $1,190,786, equal to $2.05 compared with the previous year's earnings after $1.20 per share. There are 580,000 shares of common stock outstanding. Provision for all taxes, on income In 1966 totaled $1,280,000 against $742,000 the year before. Expenditures of $1,800,000 were made in 1956 under the largest per common taxes ' of share, $693,356, or plant and equipment improvement program in the company's history, report points out. Improved fibre making capacity at the Yorklyn, Del., plant, improved methods for fibre sheet output at the Newark, Del., plant, a complete manufacturing unit for Vulcot consumer prod¬ ucts and additional treating and pressing facilities at the Kenaett the the Square, company ' that December, Industry.—V. Pa., plant were among Several new products the additions during the past allocated a like dollar amount top including new fabricating plants In important year.. In 1957, the company has further production improvements Chicago and Los Angeles. 178, and losses. redemption on May 1, next, $514>00 principal amount of Its first mortgage 4%% bonds due March 1, 1973. Payment at "101.95% plus accrued interest will be made at Guaranty 1951's 1977. p. November the corporation over Inc.,Milwaukee, Wis.—To Be Acquired-^-below.—V. the National Gas & Oil Corp.—Partial its parent, letter of notification with purchase shares of common 183, p. 1615. inc. will the gain was not suffi¬ Operations in the first quarter of 1957 will be more profitable than the first quarter of 1966 when earnings were 24 cents per share. The corporation is currently divesting itself of unprofitable properties and activities and preparing diversification into lines not dependent to market.—V. Morris, of conduit, G.- cient t Philip It mining clay for 27 years. and the plant is expected at once Mr. Shipley reported. He said that additional clay reserves in the area. year, will National Automotive John • Junction, Colo.—Files capital.—V. filed has been start conduit Hobart, location Cordova in profitable the public at $1.50 per share. There proceeds are to be used for retirement working this makes and Nationally, net profit Exchange Commission— The late Shipley, President. A. to also purchased now Ohio, one tural 2652. Co., Grand 18,667 bonds R. company manufacture Bessemer Besides also to underwriting. to the scheduled will be designed to make other clay products. It will highly mechanized clay products plant In existence, Mr. $10,500,000. p. on March 27 announced plans to build a $2,100,000 Bessemer, Ala., approximately 12 miles south of Birmingham. plant will manufacture clay conduit for telephone, light and Devoted March 13 filed a letter of notification with the shares of common stock (par $1) of which be offered tc stockholders at $1.25 per share on are rights no Mil print; See the of near an the Commission ' - quarter lower level year materials.—V. Construction is on stockholders have subscribed 150,890 shares of its 4.84% cumulative on a common now after 560,583 on has products power covering not to exceed $50,000 contributions to the issued Em¬ ployees' Thrift Plan.^ There will be no underwriting. The proceeds 97 % first 1124. p, Earnings— copper The SEC to 184, This corporation 170,154 shares outstanding The portion 2784. Subscribe 557,458 other plant on includes major p. income net income and and Midwest Oil Corp., Denver, Colo.—Files With SEC— two-engine airliner.—V. 184, Shares. —This March 26 that its be the for said.- The Riggin price of brass Air¬ are Lone company covering through gen¬ sales share a Net • on said, are Telephone Securities 151,487 commer¬ will to build a large cents The . 1155. p. was authorization proceeds The below.—V. lower Consolidated huge plant. propjet transport. already in progress work is tool design fuselage of the Md., Mr. both and last Inc. volume of 1957. share to be used to reimburse Metropolitan's treasury for expenditux-es for construction of property additions made prior to Jan. 1. 1957, including th3 payment cf $4,500,000 of shortterm of 93 28, reserved company, cash a Net Oklahoma, of net Consolidated to has given inter¬ ested persons until April 4. 1957, to request a hearing thereon. Metro¬ politan proposes to sell an additional 105,000 shares of stock to GPU Fairchild Contract Marietta at Lockheed Vice-President and Georgia Division said Lockheed has contracted with the Fairchild Fairchild Preliminary tool of the Division $800,000 contract Kotchian, manager, craft Division, the Georgia an products, V. , ,, Metropolitan Edison Co.—Stock to Parent— for Oil prices for copper and brass products and a shipments, he added. Consolidated net earnings before taxes amounted to $1,134,232. com¬ pared ..with $1,468,588 in the previous year., reserved for conversion of the debentures, for issurance upon the exericse of out¬ 66,000 shares non-transferable company.—V. for 721. p. loss of $1,185,001 before Income taxes. The net loss after carry-back credit and non-recurring charges was $1,821,001, compared with a net profit of $2,164,062 for 1955, according to the annual report. This was the equivalent of a loss of $1.66 per share on 1,095,760 shares of outstanding common stock compared, with a interest compounded quarterly. one of whom is a minor stockholder. One additional demand note of $7,000 is held by a minor stockholder and bears interest at the rate of 6% General 185, operating $600,000 7% — t$24,015 of these notes SEC above.—V. its Operations notes,'bearing interest at the rate of 6Vi% per annum, are secured by the pledge, as collateral securities of the company's in¬ stallment notes receivable (Conditional Sales Contracts and Small Loan Notes) in such amounts as may from time to time be mutually agreeable to the bank or banks extending the credit and to the company, but in any case not less than 125% of the credit extended. The current amount of notes pledged is in excess of $4,500,000. This credit is extended to the company pursuant to a written contract •with the American Security & Trust Co., Washington, D. C. the Corp. tax par standing Have Two New Feb, smaller . $3,500,000 31,015 1967 stock Common and To $14,269,030, were result Outstanding notes Preferred . — compared with $19,305,066 In the three months 28, 1956, F. L. Riggin, President, announced on March 28. Changes in the copper market are immediately reflected in the price FINANCING payable—secured^— payable—unsecured due of Aultman, convertible subordinated debentures SEC corporation's cost 100%, Consolidated to i from the sale of the debentures will be maintain the working capital of the company, Capital Stock: p.1045. Lockheed Aircraft Corp.—Awarded The to 210. Sterling ended optional the proceeds or automobiles ♦Short-term With ■ estimated cars Mountain Top Mining & Milling Co.—Merger- year ' nounced box 174 Mueller Brass Co.—Lower Prices Reduce pid earnings may be slightly larger, Mr. Becherer said. by month, Link-Belt's backlog year.—V. 1967, used Pittsburgh, Pa., and Richard E. Whinrey of Indianapolis, Ind., on March 26, were elected directors, it was also announced by Mr. Becherer. Mr. Metz is a partner of the Pittsburgh Jr., amount par, the of each credit and more This year. to of the activities anti¬ of bearing plant is the second Link-Belt expansion in Indian¬ apolis- within is to BUSINESS—Organized and gradually one manufacture in increasing lending nancing friction bearings. • 31, institutions. Additional working capital may used for the purchase of receivables in the ordinary course of financing activities. per 600 remaining other a entirely on 400 be by secured offering are—Dick & Merle-Smith; R. W. PressFreeman & Co.; and McMaster Hutchinson b Co, company at See ' 31, March be to are 104% increase to and 1,000. Except be plant will employment to about • .. acquired last summer. Initial • and year anti-friction of The a ' - . will begin production Full $5,000,000 bearing plant in Indian¬ increase by 50% the capacity of its was announced on March 26 by Robert new a and present Dodge bearing plant, it be has called for redemption on May 1, 1957, through sinking fund $672,000 of 15-year 3% debentures due plus accrued interest. Payment will be made at the First National Bank of Chicago, Chicago, 111.—V. 185, p. 1156. — ♦These Elected—Backlog Increases— company apolis, to principal $1,000 PROCEEDS—Net price Link-Belt Co.—To Build Bearing Plant—Two New Di¬ . xlz: 99.258%. the authorisation Natco Corp.—To Build New Conduit Plant— March 31 the stockholders.—V. 184, p. 1582. rectors to Baldwin-Lima-Hamilton 1958 redemption prices sinking fund at prices 102% to par. plus accrued interest in each case. The sinking fund provision requires the retirement of $15,000 prin¬ cipal amount of the debentures annually during the period March 31, 1953 through March 31, 1963 and $20,000 annually on or before 10, 1957. 1, March due principal $1,000 per prior debentures The approval of the Nebraska State Railway Commission. Sub¬ will be fixed at the time the offering is made to the necessary the and for for April on May on company Stock Subscriptions — into convertible are stock or ranging from receding from under¬ of group a of on per tNotes Dean Witter & Co. the offering of the stock by ' It will 3hares 53,114 Corp. debentures, CAPITALIZATION finance the company's construction program. 68,750 shares to be offered to the common stockholders the writers 4%s, as Hutzler, the p. operation Wks.'—1956 1957—8 maturity. temporarily subscription, Sales Higher— March 27 offered $600,000 of 6% convert¬ on the Commission covering 68,750 shares of addi¬ which it plans to offer to the holders tional of & subject to are (John) Morrell & Co.—Partial Redemption— $5,674,299 $12,651,936 $11,015,130 subscribed were debentures shares 110 converted used With with is In Co,; & 183, See stockholders of record Feb. 15 at $25 per share subordinated thereby - Acceptance shares shares The - Co.—Secondary Offering—A secondary offering of 5,000 shares of Class B common stock (par $5) was made on March 15 by Blyth & Co., Inc., at $62.75 per share, with a dealer's concession of 80 cents. The unsold certificates, Bros. Luxury Liners— 100%, plus accrued interest. 325. p, the Salomon and the certificates of Moore-McCormack Lines, Inc. 220. p. 1957—4 Wks.—1956 $6,389,955 Redpath ible proceeds v/ill be used in connection v/ith the company's $20,000,000 expansion of loanable funds and loaning offices. The preference stock is convertible into common stock at $34 per time.—V. sale for received were 99.31%; and issue pricli .. Metro, Inc.—Debentures Offered—Auchincloss, Parker . The any , were publicly sold by the underwriters, by G. H. Walker & Co. at $25.87 xk per share. offering in V. 185, p. 1277. at institutional investors, it was announced on March 21. at 2025. p. other next bids Co., 1388. p. common See Liberty Loan Corp.—Preference Stock Sold Privately —This corporation has sold 126,000 shares of its 5%% convertible preference stock, $25 par, to a group of nine share 172, headed • 4 above.—V. Corp. completed.—V. 184, was sales 185, 17,735 22,747 Z?.pata Off-Shore Co. of Houston. similar unit—LeTourneau's first—some sizes, Utilities Of the 40,482 shares of class B common stock (no par), which were recently offered for subscription by class A lift for varying in above. Interstate Commerce Commission. The . Zapata firm also bought a 12 months ago. This repeat order was placed after the first had successfully proven itself on a number of drilling locations in the Gull. Three It Merchants deck location. next half than more The its Public Period Ended Feb. 23— - will the The self- the ocean's floor. lower to 9,000,000 as constructed was minute, per will it proceed is unit high as platform of rate a 10-story building above completion 145-foot -The at a General share. per problems connected with drilling for oil in the tidelands. • '••In operation, the $3,250,000 platform will lower, its legs to the bottom of & Issuance Industries, Inc.—Secondary Offering—A sec¬ ondary offering of 25,500 shares of common stock (par one cent) was made on March 27 by White, Weld & Co. at $10.12 xk per share, with a dealer's discount of 50 cents has somewhat the appearance of a science-fiction reality it will be used to answer many complicated in other Baxter —V. gigantic Co. $1,315,200. Melville Shoe Corp.—February Inc., Manufacturing McLean platform," staggering in size and phe¬ 22 began a 400-mile voyage down the nomenal Goods $1,050,000 of Monon Railroad 4%% serial equip¬ certificates, maturing annually Nov. 15, 1957 to 1971, inclusive. The certificates, priced to yield from 4% to 4.25%, according to maturity, were awarded to the group on March, 25 on its bid of 99.15%. was had ( securitm§_ tjiis (R. G.) LeTourneau, Inc.—Ships Portable Platform— A Aluminum Associates year to pay off two existing notes of $2,737,705 and for working capital. The remaining $2,000,000 of the loan from an insurance com¬ pany will be obtained in the first half of 1958.—V. 163, p. 3286. / per offered 637. p. Parent— •*. $1 RR.—Equipment Trust Certificates Offered— Halsey, Stuart & Co. Inc. and associates on March 26 of $6,000,0(|0 of . /, these , . of .. covering at ment trust 720. and opera¬ Borrowing— issuance corporation SEC Monon Manila Electric Co.—To Receive Cash Advances From Laclede • Co., Spokane. cents 30 15, 1388. p. The the offered See 1957, to stockholders of record April 1, declaration date, there were 1,307,924 shares outstanding 8,900 at ago March on payable the On among of Continued— above.—V. The remaining underwriting headed by The First Boston Corp.—V: 185, p. 1276. Executive Oils, Ltd.—Delisting Ban held. stock common been Milling & 9 Mirro Aluminum Co.—Proposed New Name— tion. This loan is to be liquidated over a five-year term. Capital expenditures at other locations amounted to $2,612,000. This compares with $2,990,000 for 1955.—V. 184, p. 822. Kroy of Mineral Mountain Mining Wash.—Files With SEC— Loomis-Sayles Mutual Fund, Inc.—Assets Up— 1956. Division for shares shares have group Nov. 30, 1956, for approximately $4,000,000 from two Chicago banks in borrowed this the of the basis of one share of preferred stock for on stock purchased Mengel each 3,944 stock. common were December, In and for income of at par, 1,000,000 shares for 1955. paid during 1956 on per stock. $76,215,448 Net shares preferred stock, par value $100. The original offering to stockholders was for a total of 154,834 shares, ended year was also paid on the common stock. capital increased $3,015,563, and net addi¬ equipment increased $3,312,587, after allowance $1,170,587. Equity of common shareholders in¬ $29.53 and share on share per $1.60 common 1955. the and in stock depreciation Plant for $84,333,298 for of sales net 1,020,000 on of working plant creased $4.07 totaling shares taxes share per with dividends 1,000,000 after net sales of $4,880,461 compared with of, $4,128,625 $4.74 to compares Cash • as after income income net vertible Earnings Rise— consolidated reports company (1517) • , ; , were-placed, in commercial production h 1956, report points out. Including extruded nylon rod and a new Phenolite laminated grade of plastic with specific properties applicable tar radio 10 The Commercial and Financial.Chronicle (1518) similar and condensers additional, Included products Improved uses. Northwestern Bell Telephone Co.—Earnings— copper-clad laminates for printed circuits in radio, television applications and a lower cost grade of silicone fibreglas theet which conforms to Military Specifications. * ''Although intensified competitive conditions are predicted for 1957, of types and Month of January— computer Operating revenues Operating expenses SEC, it announced was $41,812,000 templated the by March on borrowings of subsidiaries.—V. sales Net J956. for 1956 income Net $2,217,985 were for the year $246,470 was !. /The SEC 1,985,511 ——— , share per March cn 15 shares 100,000 filed of Off— of Federal .■ Other $2,109,601 for $1.18 per share as , January— The operating income after —V. 1- ».P —-—— 183. 980. p. ' ' " / The for 1955. troubles normal ■—V. 184, of starting , 429. p. a plant new corrected J ; , largely are . , Operating revenues -Operating ' />// /'/•/ • ' last Federalincome Other Het $3,148,882 2,826,754 charges___,_— — 185, p. 1156. ' • ... . Halsey, which Public Stuart & March on Service Co, . totaled in 1956, •This Other bids Gorp., Onion bid bonds from 45/bS. 105.33% to • to by the and par, bid the in the from the payment of sale financing its be «md electric ap- construction service in Orleans. New & Co./New <*>.; Thomas & Co.; and York Hanseatic Arnold & Corp.; Crane.—V. 185. Wells .The company of March on February, 1957 27 1956. ruary, announced contrasted ' , earnings with loss a of the for by he the of ; end stated. of excess watts expects of 1957. a • i J - of t the However." Packard-Bell $2,500,000 power <' sales believes-* for year / - - •;. ' ' t <• ' this -•"»/ ' ;■» ;> «';'«>•' ,, operated as exchange for part Olin of will - of O'Connell. Executive Olin of $70,000,000 and a for of - of , new Ohio, which when completed in aluminum sheet 1953/ will have art annual and coils.—V. ,185, 722. p. with of from $3.50' each; shares .without .•The SEC per corporation Feb. ;it .filed covering 45,000 share);, -without (3) 'splitting the presently" two-for-one. / ' * /., v/ ?/t-v the-.determination, ot stockholder's entitled to stock,split will be the close, of business on March' The to mining operations. incident proceeds, evidence like a number of shares business, on March 28, 1957.—V. 184, p. 2328- Co.—Plans Stock Offer—!- The price ;'" //3- :•«"'=/* 7 thatr earnings 'for'.the year will > predicted share, compared directors rate. said with that the on $2.15 per share last year. dividends will be based future C. ..The has > . been named Chairman the-($!.' : used . the Board and railroad has 17,000,000 ^j shares authorized of. which 13J.67,754 '« / stoek w-ould redude the stock transfer paid, by shareholders and would "make it possible for rthe :com» pany in the future to issue and sell new stock,"" according to the proxy statement foi the" meeting. .'.// ,/• •/-••-.- ...v -"We have been advised by , counsel that' the applicable laws' of Pennsylvania do not permit 4he issuance^ of 'shares of stock by-thetaxes for ' . , . bdmpany for' less than the par value,'.' the management proxy /state ment 'declared, '"/While the cempa|ny has- rlo.! present. Intention of; resorting to" equity financing through the sale oi stock of of convert/ vible bonds, the present value par of, $50 doing so ;f it becomes desirable in /, The stockholders are also asked .' '. , of $3 a . on March 25 approved » £>/.ffeharige' of 'the, com-name to Sealright-Oswego Fulls Corp. ,/ subsequently voted to apply, for listing of the common New York Stock Exchange. ' The stock*, is currently Ash / • on The company previously paid-$1.80 a yeaf.-4V. 185, pi 615. 'are. outstanding. • */ Changing the par value of the \ over-the-counter. Frank .v \ about s. total stockholders at.; the annual meeting ,May 7 will be-asked to changing the'par value of the capital stock tc $10 from $50P/ enabling the company in the-future to issue and sell new stock. ' stockholders directors j * r Pennsylvania RR.—To Reduce Par Value— .Vv'V-rf , , •The common approve Oswego Falls Corp.—Changes Name—Plans Listing— w.: , of Hie be to are value, ,par instead ' capacity a underwriting. to and determined. per The annual v*.v5--.,£■ ' com¬ stock common as~of the close of be to $2.65 , _ letter, pf notification with shares of common stock to be .offered at par on cor*-* value par the Mr/Brorein *. : stock common, Peninsular Telephone yet extrusion an the , 4 joint investment ; with Revere Copper &v / for the. construction of facilities to pro¬ Division and to This Mathieson's. the ''construction . amendment company plans to offer 189,844 shares of its common stock thi3 summer, Carl D/Brorein, President,--disclosed at the annual stock-holders* meeting neld on March 23. The proceeds from this issue, plus funds from a new bond" issue, • wili. yield about $17,000,000 to' help finance, the' record $22,000,000 construction budget for 1957... The new stock will be offer?d to ccmmon shareholders in the ratio of one additional share for each Six'Shares held at a- time and ^ Vice-President aluminum. HI. thereafter record -: of, " , F. an par value, .of; $3.5C/;per- share/ Additional -certificates • representing one share of common stock with the par value of $3.5Q per share for each share of common stock without, par .value thereto^. fere evidenced by each issued and outstanding certificate will" be mailed ' on April 18. 1957,: or as promptly as possible thereafter, to stockholders- <,/V a approved changing the value par 26 Incorporation (1) increasing the authorized 1.000,000 shares to 2,000,000 shares; (2) from of March on of _the .two-for-one . pany's corporate Henry the to • might well future." approve prevent • a from us •••'./■. • „ stock option plan for with-several com¬ key officers,-and employee? and-changes in leases re-naiped company/; / //•/': /'' panies in the. Pennsylvania system to further the process of of Oswego •Falls since-1944 and an .simplify¬ ing the corporate structure. /The Idasechanges wo Id,--permit .corporation in i915.: Mr. Estabrook elimination of five companies through merger.—V." 185, movek up to the .Presidency from the post of" Executive; Vice-President p. 1279. which he has held since March.. 1954. L •, .'. V *» «. At the same time, R. Reid McNamava, who* had been Vice-President / Peoples Securities Corp. (N. Y.)—25-Cent Dividend— of Sealright Co., Inc., the company's wholly-owned'sales subsidiary,, :,i/j A dividend of 25 cents per share has been declared on the capital was elected President of Sealright and Vice-President in charge of :• stock.-payable April 1, 1957 to holders of record March 22, 1957. Of C. the Estabrook Mr. $1,236,253 in Feb¬ President as had Ash executive - . purchase currently operates fabricating facilities plantr at Gulfport, Miss. Ground broken in April. 1936, for a major fabricating plant near tlaring- stock of $221,204 of be Walter Aluminum Alton, traded month will obtained, in be to are Securities and Exchange Commission— & 1389. p. negotiations .for Chattanooga, Tenn.; a manufac-, according to John -M.- Olin, Chair- S. Nichols,'President/ The purchase Corp., cable, Oregon Uranium Corp.. Portland, Ore. ——.Files- With < "v.1?:;* •••*/ New York, New Haven & Hartford RR.—Shows Profit . primary Olin expenses Mullaney, view, in 15 .. p i in the offering aro—Auchincloss/ Gregory & Sons; Ira Haupt & Co.> Courts & Co.; Redpath; Milwaukee and $230,000,000 120,000 tons of UNDERWRITERS—Participating Parker The only >28. 1957. v./ •/:://' /••■ 1 •.Common stock certificates of the company Issued and outstanding on' the record date and'theretofore evidencing shares "without Corp.—^Proposed Acquisit'n operating ; . uSes 1389. issued and outstanding -/The /record date for v , : EARNINGS—For< the year 1956. the company 'had total ''revenues of $45,278,277 and net income of $4,004,305. •" .f. -. ' - to railway the was a public utility supplying electric and. • residential, commercial, industrial and gov¬ ernmental and municipal customers-in New Orleans, LaThe company, also supplies transit service consisting of motor coach, trolley coach v. services gas "•■7"- shares exploratory Srells: were completed of oil "and "four; of • gas.—V. 185, f completed . t investment an East at BUSINESS—Corporation' is natural $600,000 of , maiket authorized shares of. V':: 7 ; - facilities, of will ' of ton, of stock ^stock $15,000,000, Division. Inc. duce loans. bank stockholders -company Chemical Electrical fabricating case. bonds reach point •*'•. pany's1 Certificate mon had a full or partial, in¬ compared/with 644 in 1955. The 1956 ; 373 oil' wells, '32 gas ";weljs, 91 dry holes,-, "'/*/, wire Brass White. Weld & 101.1479, all for the the as -'V"/'v Division, pointed-out that a major construction - pro- - * begun last year to make Olin Mathieson o/ife of the nation's/; major producers in the aluminum industry/.^The program in¬ -.'The of unit a day to operate. the. company initially Ltd.^. Inc.—To Split Stock— level . was cludes 101.59; • each to opener a radio cent that the of President been since' he joined . the ■ The loss net for £616,600 compared ■of 1956. A reflected Gross iri first two months deficit a of of $120,000 of for in the February, 1957 month same last has 1957 $2,758,348 from The the February,. 1957 earnings revenues £12,457,604 the with dividend in the been first reduced two Connecticut to months Company is figures. sales $13,228,680 were The vear. net income for February, 1957 was $364,202 compared operating deficit of $914,534 in February, 1956. compared railway with with railway operating ratio for February, 1957 was 79.93 compared with operating ratio of 89.19 in February, 1956.—V. 185, p. 1389. ,'•••„ Newmont Mining The litd., directors binder the in ■ . -7 • ' corporation authorized an and of •. < Empire agreement of J ; , is in with Calif, plants and 7 /"5''*•"«' v- at. Fulton, N. Y., Peterborough, Ont., is" There-are the net reported $1,953,955, or Corp. has 650,319 Co., ' Kansas $2.95 share, per shares of approximately sales $5 in 1956. value par 3,100 $45,393,613 of dividend and from sales As City,, the of l'j 23 *2 come of March of cents cents 13. share will be .paid from ordinary net in¬ from accumulated undistributed profits" v '! '••' ' y per share per securities. corporation securities ■' . 1957 after remained with approximately giving $1.61 effect unrealized het per for mining and oil .properties acquisition and development,"and is the prin¬ Empire Star, having approximately 37.3% of its * Hugh Jay Jacks, President, /subsidiary, Plant Star is the owner of and operated the Empire and North gold mines in Grass Valley, Calif., in which operations were sus¬ pended in July 1956. It also owns mining and timberlands in CaliXsrnia and has engaged in.some mining exploration activities. t' '' this /developing . Empire Sealright-Oswego- Falls common stock stockholders.—V,.. 185, an 80 with leader San a for the of Empire-Star. whicn There Newmont Newmont will be is merger are owns issued. one share of Newmont for four ,/• /• a Corp? is ^--7* "The" company bn March 26 reported 1956 amounted, to .$178,614,799/ an all-time the J. 1957.—V. 185, p. All shares been of this converted •rswftsicicni. - ing » 1956 in became the 190 000 possible each, last of over now year packaging $55,000,000. cigarette Philip Morris with its products, -7/,. ran about, 12% ahead joint' announcement, Morris after share of outstanding shares Jan. 31, 1957, preferred. on of $100 the With the par basis value of 10 common shares, the utility now Inc.,- William and print, Inc. said: print, have Lie. "The of O. accounted in and an increase *1955/According has filed an application with the Federal -Power seeking authorization to acquire the properties^ rights and or two wholly owned subsidiaries. Saint Anthony Falls Wate*Co. of Minneapolis, Minn — •" in dollar income sales directors separately compared , to, the previous practices.'*/-. and programs. Present plans call for the opportunities industrial trucking to exparyi divisions.—V. the 185, an investment retail, p. . Pacific Telephone & Telegraph Month of Operating 825. in new $2,000,000 -to keep ' of*both Philip in Other - of / pace ^ 1956 46,939,866 43,665,534 '6,836,000 —V. operating -income after 185, charges p. 1047. —_ / /- , "•:/ * . definitely 6,027,227 Mil- . v planned that Philip materials from Milprint, States. Morris this would will be purchase done with Its the Marlboro, Inc. has plants in Louisville.; Ky. and following cigarettes: popular a cigars. priced ' Philip Morris stockholders by in Richmond. Va., to to the will hold a special meeting during June, acquisition. Subject to approval be made to Milprint stock! for Philip Morris common stock. vote on Philip Morris stockholders Before $7,419,147. v. and Inc. Mil- principle,:, subject to further of both companies, an ac- , an the offer will exchange their stock exchange offer is made the additional wili Securities' & ' 1^.7,703,736 Morris of board. 1957 ' 5,487,023 $9,214^76 is wrapping Philip Morris holders Net Net it its United tobaccos 5,367,000 6,251,795 operating taxes— (• of'Philip Board and Richmond, Va. Philip Morris /Regular and long filter-tip cigarette in a new flip-top, crush-proof box; Parliament, recessed filter mouthpiece cigarette; and Spudj a mentholated filter--tip brand: Bond Street and Revelation pipe tobaccos as well as several other popular brand.- of smoking $61,938,704 __• . and-makes .. size/ 1957 stockholders the principal plant is in Milwaukee and regional plants are located in Philadelphia, Christiana. Downington. Pa.; Los Angelei and San Francisco, Calif.; Tucson, Ariz., and DePere,-Wis. As a converter. Milprint holds a leading industry position in sales of each principal type of flexible material, with the sole exception, plant $69,241,937 ^ total * out the < ^ ** pack¬ the interruption or inconvenience to Milprint's customers or to Philip ■.Morris/ buying -policies, as they relate^ to the cigarette company's present suppliers.'" 'the statement added. i * Milprint, Inc., With 3,000 employees, operates nine plants through¬ . Co.—Earnings— of no wholesale?'shipping 'and January— revenues. Operating. expenses_^-________ Federal, income taxes— of or equipment during 1957 of approximately with "While ' year. some $1,646,388, flip top //•; "• '/ McComas,", President Sr./Chairman of approved, the . to • as totaled new 36%' quisition plan. * ' .• • •• /;. U -v "Under the plan. Milprint, Inc. will operate as a separate subsidiary ,of-Fhiiip Morris Inc. with coptinued present-management and operating of * issuanoe of company high $169,685,412 has commission ?and Minneapolis Mill Co., both net of 1956, -wholesale sales wery ,74'^ of ; the -total, and-.shipping sales ,7 % with' all three-divisions show- Last year, Mr. Scott said, $1,707,901 was invested in new plant and equipment in keeping with the company's retail and wholesale develop-* shares ■ iMwets increase peak for net, Ihcome 1955. Parker Heller, independent ---approval by in taxes, together with Social Security and miscellaneous taxes, amounted for the year to $2,782,660, or $2.59 per share. ' ~ •"/ pre¬ Northern States Power Co. (Minn.)—Seeks To Acquire Properties, Assets and Rights of Two Subsidiaries— This 19% 1956 previous President, £oy sale^ . have 1,000,000 7,127,488 shares of stock outstanding, Mr. Chandler said.—V. 185, p. 721. ■ ' Additional common stock an rnent of ' v - major, step-toward-packaging research and ?s planning to acquire Milprint, inc.,- a field with consolidated annual sales a flexible and ';*"In'a $1.53 per share on the 1.073,862 shares outstanding at the end of -the' .year,v as. compared with 1955 net income of $1,411,363, or $1.34 per shaTe on 1,052,828 shares then outstanding. This represented an increase in net Income of 16.6% as compared with 1955. Federal, State .and-Canadian income 1278. preferred Scotti -The according to Marvin Chandler * Conversion ferred company's 5% convertible into common stock, the over G. retail sales of Northern Illinois Gas Co.—Preferred Stock Converted «ow „ 5.3% pf 6, ,- that*':ct)nsdlidat^d^net shares merger be approved by Vthe stock¬ both companies. Newmont will issue 18,243 of its shares Co Empire Star shareholders (other than Newmont). The shares of Newmont are listed on the New York Stock Exchange and those of ismpire Star are traded over the counter.' ' The agreement of merger will be suomittea to the stockholders of both companies at their «nnual meetings to be held on May holders portfolio on 2252. p. industry sales increase in cigarette sales in .1956 ever 1955/ Its consolidated net sales in. 1956 ware at a record high and; amounted. to $326,814,554, a 15% .increase oven the previous year, and Pacific Gamble Robinson Co.—Volume at $178,600,000 ; 116,300 shares-of Empire Star outstanding 43,329 shares for which no new shares If dividend/ above integration. the • basis the reported through, fJros. in aging 7 park in the Antioch (Calif/area.' Francisco general and marine contracting . « in • that, Plant corporation, manufacturing 722.// industrial acre is association 2785.. p. 26 ..announced ..This t outstanding. p. "* March on in company Bros. -Corp. Jirm.~V. 184, £tar "The to appreciation share.—VM82, Philip Morris, Ipc.-^-Flans to Acquire Milprint, Inc.— ■;,* and- net:earnings' Pacific Coast Co.—^To Develop Industrial Park— exploration this « a f their cipal stockholder of outstanding stock. » corporation of Mines between law. engaged ' , The Star merger I " company. leading manu¬ facturer of sanitary paper pacxagiiig and bOvtU^ closures and auto¬ matic packaging equipment,. ■' :* '* •' - providing for the merger of Empire Star into Newmont financing parent Kans., Los Angeles, an Corp.—Proposed Merger— this 26 Delaware Newmont «nd of March on two companies, - . the Sealright-Oswego Falls, The f of Capt. Charles M. Tooke, U.S.N. (Ret.), Assistant, to .the President of Sealright-Oswego Falls Corp., was elected to.the board of directors. •> operating net a : , Aluminum four at toward the partial > ■/ - the discoveries 13 Electrical Aluminum general redemption prices ranging special redemption prices receding from at proceeds company and program redeemable plus accrued interest par, PROCEEDS—Net !>lied (jointly* . will-be bonds 100.83% , Southern gram Corp. Southern aluminum Mathieson stock. ; 101.399; and Salomon Bros. & Hutzler bid as -The Securities in •' corporation -has of approximately a Webster & ■,.>"/ of the Board, .and.Thpmas subject to the approval of Southern Electrical stockholders. ' % Assets of Southern Electrical, which has an annual sales yolume is 4coupon were received from: Lee Higginson 100.1299, and Equitable Securities Corp. and Eastman Dillon, Securities -to Co, (jointly», 100.124, Kidder, Peabody & Co. and Gtone Co. for ,7 » ■/"' man an series due April 1, 1987, at 100.823% and accrued interest, to yield 4.45%. The underwriters won award of the bonds at competitive sale on March 28 on bid of 100.133%,. 1956 Mathiesen of assets bonds, 4V2% a which in 717 resulting Olin // in 722. p. - underwriting group offered $6,000,000 of first mortgage 29 approximately/, the; same at program resulted in service wells. Eighty-three 221 and Offered— Inc.i.—Bonds headed completions drilling turer -New Orleans .1957 are estimated Mr. Donnell said. ... 2,119,019 A—- ' opener Peace River Petroleums Ltd., Vancouver, B. C.- -Files With Securities and •«'.?. -vExchange Commission— ; company Well $2,715,280 income—— operating after —V. ,—2,025,491 operating Ltaxe8______i._ .Net lor terest 2,063,354 1,765,364 • », door garage , set new records in production, transportation, and product sales In 1956 while achieving -net earnings of $41,216,000. The;. 1956 earnings were virtually • the same as/in 1955,-> the per-share figure being $3.14 in both years. ■ 18.262,534 .___/——3,003,692 taxes - the or - year, The _————;—$26,697,965 $24,807,532 18,519,900 auto; single components: , ... refined , 'WoH 1957 - expenses j . • the • . any basic company's tures 1 now. . /// . operate company- plans-to offer to its common si ockholdcrs ,of recordf Aprn 3, 1957* the right lo subscribe on -or before April /gfi for 116.184 additional shares of common -stock .at $78 per share on ■ the*:basts of one new share for each six shares held. / •/ / - /. .The proceeds are to be used for-expansion program and other general corporate purposes.—V. 183, p. 1477. •'>> •; - 2,517,001 Large Capital Expenditures— said. to The 11,534,962 2.63Q.661 .1,310,966 .... he Page-Hersey Tubes, Ltd.—Plans Stock Offering^ / ( i « coverage states, three under President,- market widen of opener/ now - England Telephone & Telegraph Co.—Earnings— New Month of January— 1956 in is Bell, capital expenditures in 1956' were,-the largest • in its ' ;%r3.he corporation on March'11 filed., a letter of notification, with-, the!amounting to $52,440,000 or 34#- morei than in 1955, J.'C7>. SEC covering 200.000 share.4 of common Stock to be offered at par*($L per share)without Donnell II. President, reported. Almost- 80%< of this figure wag reunderwriting. The proceeds are to be used for. exploration of oil end gas.—V.-184, quired for an expanded production program. p. 1731. / ,• Y'/*;:"*.-. V- % ■ Exploration expenses totaled $24,544,000 In *1956/ an increase of. $2,562,000 over the previous year. > Penick Exploration ' and capital expendi¬ & Ford, spent about $385,000 in 1956 for plant imexpansion arid estimates that $250,000 more will be expended before the start-up of Its new stone and lime facilities which it-expects to have in operation by June. The joint precipitated calcium <,*arbonate plant expansion went into operation in December and the >• hjstory, company and 1 long range is, a Western product.—V. 185, p. ■ share per parent from $2,543,623 v, p Ohio Oil Co.—Has - than *? 2,494,132 — door garage -; to S. designed is is composed The opener. declared , $2,510,662 - charges Bell budget, Robert receiver, both of which are mounted inside the merely pushes a button on the dashboard to driver door less which installed there [>■ ' -.4-,*984,430 2,591,460 ./ 1,517,392 ____c._ —^ { costs Mr. used be to radio a The the intends door garage owner's plant, Western door, " par , 195V .—2 taxes are :v the at $19,503,944 $18,070,212 —— taxes." and with offered proceeds '•>/;/ 1 . expenses income be to : revenues operating Net Net , $1.50 and actuate the garage transmitter, home Angeles ultimately unit, new Packard-Beli new average Los in areas residential radio a the the West company compact double 1,878,500 notification of stock B . The $2,075,482 «. The of fit to firm's principal itself letter a class without underwriting. working capital, etc. i, investments, Month . and all to ' , -' Ohio Bell Telephone Co.—Earnings— cgainst $1.21 per share for 1955. • •Nelco Metals, Inc., wholly-owned subsidiary, had a net income for J.956 of $69,270, equivalent to 33c per share of New England Lime Co. -us compared to $60,084. or 29c per share for 1955. In 1956,. Nelco Metals paid to New England Lime Co. a dividend of $50,200. The combined net income of New England Lime Co. and Nelco Metals, j'ne. for 1956 was $315,700, or $1.51 per share compared with $312,889. Tjrovement declared. Corp., Lindenhurst, N. Y.—Files With SEC corporation covering ($1 for with or $2,183,052. ... 185, p. 1047. ; November Operating Operating compared 1,942,796 garage. Authorized [New England Lime Co.—Sales Up—Earnings Jl,261,236 —----- operating income——-/ after- charges—r—— —V. 1389. p. taxes.—,— $165 at-the way . ,''.The 22 185, 11.057,374 —— production priced- at , >* 1,227,437 operating Net 27, by '/Volume * Net has issued an order au¬ public-utility subsidiaries of this System of which $13,290,000 is to be borrowed from NEEo and f.28,522,000 from 29 banks. Most of the proceeds of these borrowings will be employed to pay notes previously issued, with new money re¬ quirements of the borrowing companies to June 30, 1957, estimated Gi $4,755,000. During the period to June 30, 1957, the issuance of an nggregate amount of $20,500,000 of permanent 'Securities is con¬ The thorizing 1955 Other continued progress and the reduction In manufacturing costs that follows, we believe our profits for 195 < should approach those reported for 1956 in spite of the higher costs already evident," Mr. Perry concluded.—V. 183, p. 6. our New England Electric System—Borrowings -Packard-Bell Electronics Corp.—New Product— *1957 ——.—$17,209,477 $16,303,089 / 11,784,373 Federal income taxes——-—.-w——:——1,975,617 expect to maintain our 1956 sales volume. With plant and equipment improvement program we fn Monday, April 1, 1957 ... , mon stock mission.—V. be 185, p. registered 1047. with * the Philip Morris comExchange Com¬ • _ t. . Number 5625 Volume 185 The Commercial and Financial Chronicle ... (1519) Phillips Petroleum Co.—New Plant Stream— on government, company's fabricators througnout facturing site Capacity the Mariex reach to the-year Phillips the country Jf-cm the Houston Ship Channel. on of scheduled of. for benefit the of investors in the company's i wholly owned subsidiary, Phillips Chemical Co., begun large-scale commercial production of ns highly versatile, rigiti-tjipe polyethylene, tradcmarked Marlex 50, K. S. Adams, Chair- 1 man, and Paul Endacott, President ol both company have announced. Tonnage quantities of the superior new plastic have started moving to $11,860,720 short-term stock. This Earnings has additional as. -■* polyevhylene 50 million 75 pounus equipment plant, placed is vision after is- operation. tax amounted took income outstanding; $6,336,255 in , Pro¬ 1956. $3,223,000, leaving $3,113,255 $3,361,811, Other An washed from caverns deep salt formations, near Sweeny tax income equal were to $2.71 consumed taxes the $1.44 or share a common of $1.38 Net a store ethylene. •» •/. »•' •>, ' • 1 ^According .to the. officials, Marlex 50 polyethylene which is a dis¬ covery of Phillips research, niarlis a new era in plastics technology". ... The- newproduct' plastics tages articles means year. for' American Tlgidity greater are more-'durable, useful and Among its strength, ^remarkable consumers. and temperature extremes and exceptional aive applications.—V. 185, p. 1589. durability--in resistance c.»eruicai Delinitive to able Tne SEC. izing this it was.announced of amount jstructeu issue in part $280,OoO 15-year a purcnase payment for Railways' buses.—V. 185, 1047. p. building be to servicing < and .-Two- divisions Fire this of known be have j1. / .. Louis, St. been- combined under the of Ended - and Sales ... common Charles H. "The in is there the the the in from ties will capital time advantageous. 8. eludes the "(1> of the at held purchase of V - the The price %fly '*'• by-^he Board of 31, — the Jan, 24, a 1955 sell about • tries. Directors With such mid-year amount : ,-t" I> additional Feale, orders early letters being the of with speeds up shortly will before .the for the by oifered be be date proposed will notes, of in March 1, 1957, settlement of the of as by. Colombian of provisions in paved Co., Inc.—Earns. Up banks 31, 1956, the volume charges on It the is of $15,882,328 achieved in taxes was $1,292,803. This and shares 711,407 capital of stock above 1955. is the Net equal previous income cash, and notes under the is made only due and payable of as Dec. 31, outstanding at This benefitted Progress Marvin Electric architecturally in also 1956 Manufacturing integrated through Co. recessed of the Los Angeles, lighting in acquisition May . . * 184, This large March 26 earnings, to $1.35 389 492 „ and Earnings— • for the will company open cafeteria a and dining During the year 1956,>the at year-end The year operating company's net the -end 1.86 was to working of Ratio 1955. 1.—V. company a financial capital 182, p. total 168. condition increased of opened of new assets to " * $1,413,670 and installations r continued to current 20 ' •' strong. During from $1,299,818 the liabilities current at was Public above.—V. 182, p. plant Electric & Gas Co.—Bonds Sold—The ■ - : • Puget Sound Pulp & Timber Co.—Earnings for 1956— the-company did $12,280,782 of the ef agross -earnings year's set business business aside was for done of $24,141,502. Federal lor the ineome benefit On the taxes, of the that in of working White capital said, we , the section company's the of expansion report was The program. devoted to initial the phases 1938.. 1, addition In pleted * ' ' this to x warehouse potential': even - though programs." include . by Va.r kitchens, and; steel a . of bairel new a to a have will new World War II."—V. the p. or spent $736.9 million 346. Reserve be $1,795,797 at the end 1955, and this the Division com¬ comment respect." aluminum in ma¬ that, stated They mill the Olin In Revere Mathieson some increased quantities Metals Chemical Ccvp. its full production Jan. the was Aug, on The 1, in which Corp, by its wholly-owned contract royalties Reynolds of subsidiary, March on bauxite the 22 new 28, com¬ 1959.—V. 184 for Jamaica governmeiit 25 of and years 99 years. * royalty to the government three shillings a long.dry will pay a of shipped (a the for ore tons Reynolds with, taxes and minerals, tons 2,000,000 each two and year shilling equals 14 shillings cents). Ac¬ Tax profit Reynolds when _ for tional others 25 on This aluminum of enabled with been the the mining pig parties short the five- in ore . the to be 50% the the be on severance, of from to the Indies tax under taxable the with tax exceeds will be Mines, application of 25 Cargo on will hold, and 1957. 1, increases in included in be profit 45% has Income is fixed Tax for Laws. 25 during the 25 year years period, correspondingly. acquired approximately j , contract such during the next 50 years determining the basis reduced Ltd. renewable bv The government agreed such lands for 99 years. cargo to April that, not Jamaica properties since 1944. The be granted mining leases on company by price of aluminum pig quoted in Jamaica and the new Fed¬ rate years. unloading right will for bauxite New its provide formula a taxed of varies combined Jamaica will obligations no company minerals transportation, capital. or that agrees amended presence establishes 50% West of taxes sales, shipping, further which derogate optioned by the to the also initial term Adds the If it makes an price purposes." royalty, of amount of has company includes or is to tax bauxite on the York. acres these Law remaining Reynolds This company due for in New (he the feature contrasted i employment, agreement the the to this as the acquired value with ratio said years Government the on land Land and Rice which of handling, As direct 25 1952. operations. the in Mr. contract," Mr. Rice said, "Jamaica agrees to export duty for 25 years. It also agrees that until Maritfi 31. further taxes or burdens erf any kind will' be imposed on placed The down Jamaica of not lands to at companv time any The leases years. the 60,000 guarantees .that for will be an addi¬ grant mining leases to Carrier— March 25 carrier, .the took 8. deliverv S. of Richard, a new chartered 32,000-ton, selffor its bauxite trade. /> of in vvith aluminum. States, under assessments r fast (17-knot) shipments of the ship, link the Reynolds program to acceler¬ aluminum-bearing ore to its U. S. plants,; will a in undergo had $818,811 executives, reported Olin 2,000,000 terms no market 195Q, from as inventories. in a above since no The of net profit after taxes and all other charges of according to its annual report to stockholders. . The earnings were the second highest in the company's history" ana about 10% below the $1,200,335 earned in 1955, On the basis of the 1 157,798 shares outstanding on Dec. 31, 1956, earnings were equal to 70 cents a share hi 1956 and $1-04 a'share in 1955. The company's'working-capital more than doubled during 1956, to in be royalties for term "The Oil & Gas Co.—Net Off 10%— company two brags fabri¬ that the oversupply of which resulted iu lower fabricators, permitted a 1956, producing primary owner United storage, ate The declared of of and and up the The $811,659 the, in 1956 be agreement as establish 1982, pro- since 1955, and 12%% in 1955, they said. attributable to the inclusion is two from and to first excess bauxite warehouse in Charlotte, N. C. 185, the can 1953 signed the "Under of all projects now under way," the report said, aporopriated In purpose the on year plant for steel drainage products in Harrisburg, Pa., addi¬ for production of plastic pipe at Cleveland, and the completion in copper quick deliveries by liquidation of customers' by establishing escalate may of , and company to also began or com^ manufacturing and the company's earning magnitude than 1956 customers' of the Ltd. impose produce steel building plant near Charleston', ou the major up 1956 in its the make cording to Walter L. Rice, President of the Jamaican unit, the com¬ pany plans to ship at a rate of more than 2,000,000 tons this year. Half of the royalty will be fixed for 25 years. The other half will facilities "Republic end 'facilities in which 4.65% sales Baltimore Jamaica, on ' of per stock common 2121. of company "overshadowed expansion with top officers eight months progress eration the lower were ^ guaranteeing the right to mine the ' expansion, 1956 a number 'of projects in divisions -which afe "important" to during products two last expected This company's annual capacity to 11,047,000 tons of ingots by the end of the year from 10,262,000 tons a year earlier. With completion of the program, according to the report, the steel capacity of (he company will be 12,242,000 tons, or an increase of 19%-. in about two years.. This represents a growth of about 70% in the past two decades over the 7,280,000-ton capacity on Jan. is year this brass dollar by Revere for Mines, ap-., progress cf new Jamaica program of reclassification 26. $4.35 or outstanding, alte* Reynolds Metals Co.—To Mine Jamaican Ore— the boosted gram in in quarter 1956 Mr. and then March on $11,281,984, stock aluminum to can and output organized facilities spend program. How? plan of . company's the first productive in "when common through expansion and modernization and aluminum rolling mill at the Dallas Division in Chicago 'started production in the last half of 1956. " • Revere will begin to receive that use special A the • the Jamaica Mr. 1957," income of compared revealed potential ' investment Macfis, President, stated net continuous was Under spent $107,000,000 from hs own funds last and equipment and raw materials resources. A. 1955 . the Chair¬ . p. strike," v on and 1955 ton the 31.. value - copper "satisfactory , despite Dec. net $9,590,309, or $3.66 per share outstanding, J. M. Kennedy, two-for-one a as drop pany of of a stock shares company the lor White, increase As with - in and ♦ an " net-income a $1,788,498. equipment ord>jr balances, the smaller poundage oer the demand lor ap. extremely short delivery period- enthe belief that customers' inventories have been liquidated," they said. "It is felt that present shipments by fabricators reflecl the current use by end-product users." " ' j An increase in Revere's aluminum products shipments in 1956 over 1957." tional 1504. - year years, totaled and C. company's order be $90,406,share the to of and .courage have increased working capital and placed the excellent position to finance its current expansion an further "With of. amount shareholders, two over-all $5.59 or $150,000,000 to complete the expansion previously established bank credit of $75,000,000 drawn on as needed to aid in the completion of W First Boston Corp. and associates was quickly oversub¬ scribed and the books closed. For details, see V. 185, p. 1390. ; Last in $86,271,491 * 90,421 past 5% nearly - to the increased from - products public offering of $50,000,000 of 4%% debenture bonds due March 1, 1977 which was made on March 21 by The hasiR income increase an property selling prices of the higher prices paid for raw particularly copper, during 1956," the letter read. "The "The helped M. basic 512. Electric Manufacturing Co. Service C. 31. 1169. common 1955:- 1956 prices * program year, to the heavy years Magnolia, Ark., and , last 1956 of increase The the company new be - Pryne & Co., Inc., Pomona, Calif.—Sale of Assets— Emerson in improvement These See levels record share mailed was 20,000 anticipated in room Insurance Building, in New York City, the company's' installation in the insurance field. The company is also negotiat¬ ing Tor the. opening of eight new food installations in 1957. • in . ever, in the Home Life ,„ expansion approximately sification." 1957, ' Dec! the year amounted to $250,489,010 as compared "with in 1953, an increase of $7,808,118, or 3.22%, Mr. Kennedy Macfie reported. The company earned 3.83% on its net in copper the must last price copper in the company's sales for 1956 averaged approximately, 3.6o pound higher in 1956' than in 1955," per eligible be assets company's lor said, "A is a top priority matter"'and that the company's policy has been "diversify into various markets rather than attempt product diver¬ Early in "The The • first to claim of share for terials, cases completed to Net 1955. program: "still , order ' , report several company in Henry. A. Montague, President, said that 1957 should "compare very favorably" with 1.956. The nigh level of plant construction is expected to continue and many older factories are expected to estab¬ lish in-plant feeding facilities. He also stated that diversification is to In of Mr. the S. .banks, ; partially common a past Federal income taxes, amounted to $670,992, equal share of common stock. In 1955, sales reached $23,earnings, after taxes, were $840,264, equal to $1.69 per . in exporters each 10 effect "The "is due largely to our lourth-quarter earnings which were (he best of any quarter in the company's history and which re¬ flected, in part at least, the efficiencies and increased earning po¬ tential resulting from our partially completed expansion program." \ He' also pointed out that the favorable operating results ot the industrial and institutional food service organization on that sales and earnings for 1956 were second high year of 1955. Sales totalled $22,704,853 and share. U. . before. White after per to earnings in $5.K3 The record and and proximately announced the to r' corporation's or year 4 only and Chairman, reported March 26 in the annuai report to stockholders, Sales rose 4.7%. i» 1956 to. a new high of $1,244,214,346 from 665 824. p. Republica. collections ' $1,188,559,765 of fixtures.—V. Prophet Co.—Reports High Sales la de In No. for Board, with sales ... of manufacturer Banco " sales boost . , - of Republic Steel Corp.—Sales and Earnings Rise— 1 all per runs. and 17% a profit per Copper & Brass Inc.—Earnings Lower— the 2,590,992 Sales . per duction their ' above the previous peak net income of share earned on 630,000 shares in 1955. Progress's sales increase last year. was limited only by the com¬ pany's production capacity which will be increased by two-thirds when its new 235,000 square foot plant, opened in Philadelphia late in 1956, gets into lull production. The earnings gain last year was scored in spite of higher costs resulting from overcrowding and short pro¬ 22.9% $1.67 1956. liquidation in accordance with Decree by record after banks to for net a $1.41 $242,680,892 aggregate dollar S. banks and for to and current stated, adding that statistics for the cating industry show a droo in shipments of than provided plan Net oilicers 30 where exporters have the, eligibility of claims lor liquidation under Decree No. 10 will be handled by the U. S. bank in question. In cases of open account transactions directly between an exporter and a Colombian importer, the eligibility of the claim will bp determined through the normal banking connections of the Colombian importer. The offer, will remain open lor acceptance until March 31, 19o8 or such longer period as Banco de la Republica may determine. Y share the year end. $1,052,080, or $1.82 to 10 allowing stock ' $254,941. p. compared with pared No. After amounted ol $1,018,293. ' $1,906,527, 23, 1956. * Shipments of coppers U. to higher not to shares on output with' cash Decree Importers and was of April having claims against banks or importers in Colombia of commercial transactions, in cases where such claims had approved 22.9% 1956 shattered previous records of sales and earn¬ way for greater gains in the years ahead. - This P. Rosen, Chairman, and Maurice M. Rosen, Presir (he is cited by Ruben dent, in the annual report to stockholders. Sales amounted to $19,341,998, or 21.8% high for. - - . Progress Manufacturing company This transactions.!with of 1955. preferred was operating company increased from $717,183 to current- liabilities dropped from $823,366 to consolidated income share States entrusted ' had of the man * in in earnings aircraft on . while decrease a 2,619,073 . maturing $518,304 par common. the 1956, Revere speed of sound. (together commercial Dec. of, exports Decree 'NO. *10 of in $118,029 Net , out to $10 24%. to revenues j $610,487 $2,307,282.—V. 184, v and on of and research ' partial arising subject : account on offer become and value a Of . (The) Postman Co., New York—Offering TemporarilyV "■ * Suspended— This had four times the to - ings, Horn - Republic totaled 4 + firm's / are estimated- that arising out X ; contract, . dated issuable claims owing United above. ' * •••i 1956. reported, negotiated expansion '* are of is aforesaid Inc. in of " of program 4% of assets $568,425, Resort President, including *$2.00'. ' strike $38,123 amounted to $1,003,955, compared to a minus $106,183 12 months earlier, or a net gain of $1,110,138. During the same period, net property and equipment value increased from $383,390 to $558,282, while capital stock and surplus gained $6.71 , *$3.00 ' 16-week orders, ot $2.00 . , a 8,976,523 " $10.01 of preliminary consolidated . share per Current $172,000,00Q, The said Decree No. 10 of Jan. 24, 1957, provided for the liquidatino of claims owing to United States banks and exporters as of Dec. 31, .1956, by payment in' respect of each such claim of 60% in cash, and of 40% in the notes dated March 1, 1957. Individual claims of less than $2,000 will be paid in full in cash. The Aircasters, cent3 $1,572,380 ' See $ 14,731,134 % loss A a amounting company 9,61-6,518 . of consolidated the 1956. indicates net 15,851,122 $5.00 net 31, $6,407,103, . depreciation of on highs in Dec. of revenues : loss a on consolidated a after record ending hist profit a loreign exporters underwriters subscribed not shares (Del.)—Reports Record Earns.—- months , ,l 1957, of the Republic of Colombia. It 2,500 owns 83% of the operating company, which had a of $918,392 last year on revenues of $5,868,448, compared profit in 1955 of $1,014,448 (including capital gains) on revenues of $4,817,387. ' * • After depreciation, the 1956 net profit was $822,588, compared to $442,084 in 1955. This amounted to an increase in earnings on the stock of the North Carolina operating company. of from 11 to 21 net 1954 $ . which severe 113,117 225,000 new earnings set 12 common. The a . According to the prospectus, exchange shortage ih- 1956 forced a temporary sus¬ pension of transfers of dollars and other foreign currencies in payment of exports to Colombia from the United States and other foreign coun¬ to. time as it deems obtain the most for issuing preferred to of notes Colombia .185,000 ___/ and to 7,640,980 1048. p. payments) 528,787 138,000 ' share taxes—— 1956,' Mundy backlog and -missiles These - - and arrangement shares which at on Republic of Colombia and Banco de la Republica (Colombia) registration statement with the SEC on March 22, 1957 covering a 849,081 end year taxes interest, per 18,593,041 experienced $12,000,000 The filed in¬ board .■ action required L standby distribute and $7.31 30,582,256 monthly series. of common stock to provide new capital in It is planned, to oifer-tuese snares for sale to stockholders at the rate of one share for each five with compared minority 15,008,415 share——.. common Dec. $70,000,000 _ them, two Republic of Colombia—Registers With SEC— > to company authorize any took first - , 534 1,246,749 Airlines, Inc. for profit giving number equal effective. the of also per 185, 1,659 156. p. — 10%= in stock, aircraft 2,268 298,051 outstanding at profit of $1,536,597 -Net facilities, begun in 1955, will be completed during ,1957, Peale said,.as will a new supersonic wind tunnel capable of testing Mr. stock -1,385 - 710,129 compared to $5,277,907 in 1955. development shares company's shares held by fixed stock that $3,000,009. , ' x 7,367,435 company of —V. common an split becomes capital ' directors additional the to for preferred stock, and to or all stock from time it may act expeditiously The board has no present plans ■ stockholders. certificate stock the authorized issue order stock. of date the Plus The . $1,487,476 2,923 I day) per This the by additional an the for coupons -share—: common $334,000,000.- for one and reduce the par value from $19 to which, if approved, will be accomplished by mailing favorable terms. "The ' - avail¬ . 1936 $ * k \ j. taxesik: $226,000,000, r.and two on to in ' .• " ' f*- >\ • foreign income Aviation's they . shares 50,000 netessary 1957 became gas . increase To excess believe be debentures, 1 1280. p. earnings As expectations, our the existing authorized and outstanding share, directors of beyond * $3,339,039 2,497 — wells income 184, net 346,214,310 547,387,242 323,456,601 and The — Board of Directors, which will annual meeting cf stockholders on May 20, inimportant proposals: stockholder "(2> since natural been the'-directors ' - - company of shares clude has 1956 and approved following per each to time, . To split the $9.50 company's business : dated V r part of 1; , stockholders to had will temporary <■ 1956; 31—' Dec. before Dividends indication that the expansion for several years require substantial additional capital. To obtain the company -will .need to sell additional securi¬ to program submitted be letter a 1, for j,-■ debentures,;-which June debentures exchange 1955. — Net ■ 1954 and development: Resort ' should be to have greater, flexibility to utilize at the time of each whatever type or types of securities may then be most permitted financing ."The latter every future- required in Financing— part: expansion of the available and President, Gueffroy, 22, said in March in debentures.—-V.. 183, W - * Earnings U. 1955 holes statement Republic Aviation Corp.—Sales and Earnings Decline Year Earnings, per Portland Gas & Coke Co.—Plans - amendment an to the as subordinated December, payments, date due con,- Refractories Division, it also will bring under the one management the newly acquired Mullite Refrac¬ tories, Snelton, Conn.—V. 185, p., 1157. .• v 7'':''%%.w-','«*" To SEC main¬ . Laclede-Christy," company, Pittsburgh, Brick, management. the —V. ad Dec, 1, 1956, will be exchanged Co., One Wall St., New York 15, N. Y. The definitive,- or . permanent,': debentures will have coupons repre¬ senting interest payments from June 1, 1957, to Dec. 1, 1980, the (II. K.) Porter- Co., Inc.—Combines Refract'y Divisions McLain with (MCF loans Federal the office of the IrvingvTrust at fli'e in bond 1^, 1957) in temporary interest .; order author¬ an money garage a Navarro 'Corporation -for-storage, by ol tenance to company March 21, has issued on sales Dry " „ Producing ^ of America—Definitive Debentures—» (April tooay The . Pittsburgh Rys. Co.—To Buy Garage Building— filed company 3V*% .'convertible issued-originally " . investment , were: $2,999,646 day) Revenues abra<- or operations 1957 to its 21, Radio Corp. advan¬ many -• Boston March beautiful company's income Exploration net after taxes', registration statement covering an additional 1,500,000-snares of beneficial interest in. the Fund.?—V. .183, p. 1114. ■' . many This on the shares of oil production (barrels per Gas lost Net sales, $23,469,926; share—V. .184, p. 922. a of equivalent ' Bank Refinery,' will", of 1956 Gross (George) Putnam Fund of Boston—Registers With SEC Phillips- highlights net as ethylene plant of 180,000,000 pounds of .initial capacity adjacent to Petroleum Company's- Sweeny- Refinery will supply the basic material through a 75-mile pipe line to the Marlex plant. Underground 7 borrowing was necessary despite heavy outlays for explora¬ development, and acquisition of additional capital assets. tion, . to leaving $1.33 a share after tax. company paid $1,867,615 in dividends Comparative returns for 1955: the. last< 1 alf iii income before ■Earnings stock The site Federal tax tax. share, • this lor inccme r^ manu¬ . at during year per cnemical , before 11 neither long or ■ shakedown runs immediately before entering the coal trade ior 80 days. Addition of the big carrier to the Reynolds fleet is supported by a chain of improvements in Corpus Christi, Texas, harbor, the company's La Quinta. Texas, nignt, and loading faiylities at Jamaica, all part; o( a- several million dollar modurnUatioa ; program. The S. wide. hM cargo at S. a a Richard draft of minimum itself 34 cost feet rate of $7,000,000, six inches, 2,000 tons a an is feet long, 660 crew of hour. 52. The D0 - feet unloads firm%. 3, S, and 12 The Commercial and (1520) self-unloading ship Schmedeman,. first unload at of rate a Reynolds 1,100 tons in the Industry, aluminum The can W. hour. an also *. installing an elaborate system of fast-moving conveyor belts at the dock in Corpus Christ! to complement the Rich¬ ard's rapid more the At from La 140,000 building to tons Meanwhile, is 420,000 Ocho at Jamaica, bauxite ing—640 feet long, 140 tons of bauxite, mined •v - Reynolds storage unit Jamaica the in The The build- facilities loading and is nearly $4,000,000. This t for of sales transmission a gnd developed' systems Now in Boston, typed, ' initial written information extending be used ' facsimile the pilot "picture" system said. the to to be links the > offices and Union in phase ' „ engineers designed of its Is the nationwide A and closed-circuit New York at and New Intrafax handle to 19 such —A tion and manufacture —V. 185, p. of the various forms used the Rhodesian that which plan holders will In Full the of provision the the plan by the employees month Trust und which contributions become to Roan Antelope have will subscribe to be official stock to a extent Ltd. and "American Shares" of Rhodesian Roan Antelope Copper Mines Ltd. and Irving Trust Co., respectively.—V. 185, p. are Selection Guaranty a 981. of government V'V,"'*' Power & .1 • , to are Schenley the of Laboratories, fiscal current Inc. year in the U. almost are . ever S. Plant, Inc.—Sells plant set was feet. the shares earnings class of respectively. capital stock class A for retired stock, common class share 1956 all compared equal were Comparative The convertible 1956, 31, the on combined. June, Dec. A .common share per stock President, said earnings, after taxes ended The before. cents Roush, yeaf to $1.96 $1,064,081 share per of the were preference has for 1955 as $1.88 to and 93 dividends . 183, and Is into common stock. The company in 49,330 outstanding shares of $1 par value these shares with the new class A and V V ' replacing increased to and $42,755,547 in 1956 from , $39,744,053 , The of Mo., , Selection Trust Ltd. above.—-V.- 185. Rochester Telephone Corp.—Offering Subscribed The corporation 95.23% March that subscriptions $2,500,000 store a Common announced Is expansion. and mature In March suburban new will promissory or 95.23% of the 195,312 shares of com¬ stock offered to common stockholders at $15.50 per share on the basis of one new share for each five shares held of record March 6, 1957. The Taxes on 185,995 shares, store in St. provide be invested, and to addition, funds will notes 1, branch used to 1972, and 1, 1960.—V. was 185, for made p. Net 't. all op. 1957—3 Mos.—1956 chgs. income 4,600,000 4,200,000 14,100,000 9,100,000 Rockwell Manufacturing Co.—Continues Diversificat'n Of company has Chicago, Wlilard Republic process trol of ical acquired F. manufactures control flow the industries, centralized throughout others. Chicago, the for electrical, among at assets electronic equipment for the of Republic Flow Rockwell, Jr., President, with and the announced pneumatic automatic sales gas, Co. March 26. Instruments measurement petroleum, natural Republic Meters on steel and and and con¬ chem¬ manufacturing offices or operations are branches maintained country. Present management of Republic will remain unchanged, Mr. Rock¬ said, with James D. Cunningham, founder of the company and one of Chicago's leading industrialists, continuing as president. W. F Crawford, president of Edward Valves Inc., a Rockwell subsidiary wili be associated with the Republic management in Chicago. Republic's Chicago facilities will bring the total number well manufacturing plants to of 23.—V. 184, p. Rockwell 1732. profit 185, or3?Is con}Pany SEC covering offered Registers — on March 27 198,274 shares filed a its of registration See Oswego Falls Corp. corporation SEC $1 for par common stock, to Inc., holdings subsidiary. a Net proceeds gether to the of common stock 1 company with from In Roxbury Southern proceeds be to the added to p. to sale of 50,000 shares to¬ interest sale Co., rate, statement debentures due of this May 22, offering price be received general of from funds installment incur of the sale of the and we debentures company and will be applied receivables from Sears. The company Industries Corp. 185, p. 981. Sheaffer Pen Co.—Seeks to Change Stock— directors for common stock, March The a have adopted reclassification Craig R. 28. reclassification share of stock in Sheaffer class A exchange said. would one resolution and 2-for-l Sheaffer, Board to recommend Southern stockholder exchange of the company's Chairman the ni.ne months last .June, according International sales our about Sales ■ 5". • abroad $4,500,000 and ■ to to it increase $8,000,000 ... March on 20 by ; . ' received profit-sharing quarterly | payment brlng's to $16,489,000 the company since the filed registration a SEC— statement Bell Telephone & the total * with - the , SEC <f on Telegraph Co.—Earnings , -1957 revenues Other operating Net Net after —V. 185, $46,170,118 33,416,539 30,315.171 6,684,986 5,796.896 taxes operating 4,235,196 income.. j. 3,785 429 $7,536,437 $6,272,622 6,813,899 _____ charges 5,704,566 _____ 1049. p. ' 1956 $51,873,158 Operating expenses_„____ Federal Income taxes Southern California Edison Co.—Plans Large Expendi¬ tures — To Sell Additional Bonds and This Probably Some in 1957 and would he .said, is to The in finance the 1957, stock will the in amount recently bond Four "sparingly balance and of and this steam at operation hydro to had disclosed. Pacific year's of for . to meter the connections addition kilowatts of generating Quinton said— Mr. installed now planned in steam $3.44 of imponderables, capacity under con¬ Orange Mr. share, a or County and two at capacity of 200,000 completed, they will be the largest outlook, harvest an Even 87,000 County—will have When of of record total units Coast. all," roughly 200,000. order, on company's Beach at intention stock." 1956. 1,150,000 or a Quinton on water a for plants. number new of If present 1954. generating record a in 83,700 the of earnings last attributable the Edison Ventura the the of cents he on our preferred a population a Huntington in '* / of February, reluctantly. year probably construction than end Mandalay station Discussing with or 1956, the the of issue however, is not quite up to the under greater as struction—two A issued the bonds, 1955, of end either money > community meters new Society ol Security Analysts. expects to add about 75,000 Quinton pointed out—equivalent Mr. as 20 President, be "For additional new capacity of accelerated construction pro¬ declared on March 20 in an addition1 to the $37,500,000 this impressive figure, At $180,000,000 sharply company entirely new a New York in V -9 than more explained. adding: issue to Quinton, be Quinton 1957— require 1958 gram, Harold address before in will company including noted consolidated that about basis, operating the Big the outcome of was Creek Edison's rate a to $3.00," The $3.15 should be realized in 1957. Assuming a less than water year, which now appears likely, I suspect that in the of a rate decision our earnings would be on the order of he said. possibility of the of rate an case, increase Mr. in the dividend also must await Quinton stated.—V. 185, p. 981. Southern Electrical Corp., Inc.—To Be See Olin Mathieson Chemical Corp. above.—V. announced Power p. 1956 Utility Gross and taxes and 3,252,482 1,427,604 income... 842,195 $1,248,713 other $743,7' 1,268.320 income Interest $4,838,419 3,843,418 operating 1955 $6,519,735 revenues Depreciation 383. Co.—Earnings Increased— Years Ended December 31— Operating the Acquired— 172, Operating expenses Net 767,31 deductions. 432,783 104,9! $835,537 income Preferred dividend Balance Average requirements- available shares for $662.3! 71,808 ; common $763,729 outstanding—preferred 1957 expenses Federal Other income _ operating Net —V, 1956 $8,640,669 $7,763,804 6.044,274 5,188,011 taxes 941,239 994,635 435,824 419,875 $1,219,332 tl,161,283 952,545 964,581 taxes on Net $1. Co.—Earnings January— revenues 62.5 442,4 $1.44 average common stock. Southern New Englanc Telephone Operating $606,7 74,801 531,015 Average shares outstanding—common Operating . provide for stockholders to receive one stock and one share of class B voting share of the present common stock Mr, ncn-voting for a for . Jn Month of January— Month of The class trading ;^ 50% Corp.—Registers With Earned per share on —V. 185, p. 724. above.—V. the are the Co.—May Be Acquired— Consolidated Electronics (W. A.) list dilate rose expect of company Southern Nevada ' Clock to under¬ not Sessions Exchange .with to or ad¬ seem 1957 Operating 1, through an underwriting group Halsey, Stuart & Co. Inc., and public not Stock tend convention Director rate profit-sharing with additional indebtedness, but the amount and nature yet been determined and will depend upon the volume company's business and general market conditions.—V. 185, 189. See to the purchase approval its The registration a subordinated Roebuck & Co. was organized under Delaware law on Nov. 16, 1956, to deal in in¬ stallment receivables arising out of the retail and mall order business of Sears. Sears formed the company with a capital stock investment of $35,000,000, and on March 29, 1957, made a capital contribution to the company of $15,000,000. Sears Intends to retain the company as a wholly-owned subsidiary. Donald MacArthur is listed as President. be the proceeds of a $1,500,000 bank loan, will be used as approximately $1,000,000 for remodelling and installation of pew machinery and equipment in the Worcester plant; and approxi¬ mately $1,000,000 in completing its program of modernizing machinery and equipment in the Saxonville plant. follows: Brothers. filed 26 of terms are to be supplied by amendment. public offering is scheduled for early April. The issuer, a wholly-owned subsidiary of Sears the Mills March : does covering $12,000,000 of participations in its Employees Savings Plan together with 150,000 shares of Sinclair common stock which may be purchased pursuant thereto.—V. 185, p. 655. The of amendment. the 198,274 shares, 50,000 are to be offered for SRle on behalf of the Issuing company. 125,000 shares are presently outstanding and are to be offered for sale by the present holders thereof; and an addi¬ tional 23,274 shares are to be offered by the company in exchange for continue, corporation March result writing the Of on $25,000,000 York would increased sales export annual Sinclair Oil This absence III.—Regis¬ Exchange Commission— 1977, to be offered for public headed by Goldman, Sachs & Lehman thereof has with public sale through an underwriting group headed by Paine, Webber, Jackson <fc Curtis. The public offering price and under¬ writing terms are to be supplied by minority covering it employees by profit-sharing pro¬ started in 1934, G. A. Beck, Executive Vice-President saidProfit-sharing payments for the past fisoal year, ended Feb. 28, 1957, averaged 21V4% of the individual employee's earnings for the year.—V. 184, p. 2786. ; $3.10 Sears Roebuck Acceptance Corp., Chicago, the And was average This buying non-voting increase, make a 1957 earnings forecast ex¬ ceedingly difficult, Mr. Quinton told the analysts. "Disregarding the rate case entirely, however, earnings of from above. ters With Securities and this export Managing to out application expects - statement world . to Carpet Co., Saxonville, Mass. With Securities and Exchange Commission— 655. p. $6,828,829 $12,236,415 $13,781,843 Sealright-Oswego Falls Corp.—New Name— Net Roxbury $4,259,415 the not list even should latest gram in 1937—6 Mos.—1956 $8,859,415 $11,028,829 $26,336,415 $22,881,843 the the ■ . . remaining 9,317 shares have been purchased at the subscription price of $15.50 by an underwriting group headed by The Fifst Boston Corp.—V. 185, p. 1157. This paid " 1323. because V. , on on "-y company our current an provision stock going oUr ,conviction services for Exchange does ;7i The for be outstanding. mon —V. that kilowatts each, Period End. Jan. 31— after received Dinnauer, fact Common ings Lower— on Profit been this of company's ■ This : mandatory sinking fund beginning Sept. for have which now stock." j.-y. logical fer payment checks amounting to 35';^ of their individual earnings for the December-January-Februarv period. - • (Joseph E.) Seagram & Sons, Inc. (& Subs.)—Earns.— of — 27 notes for :'f 981. p. in used be and Stock York -f seems Pays 35% Profit-Sharing Dividend— Inc.—To Borrow— '1 will debentures The a notes. branch retire Employees— the proceeds Louis, Rhodesian '>»''* v stockholders future See 123*000 of The exchanges, of sales the )961." includes on March 21 approved a proposed issue ol $4,200,5Vz% sinking fund promissory notes. Laurence E. Malinckrodt, President, said the company had be3n negotiating with several Institutional investors for the private place¬ 000 1955. Roan Antelope Copper Mines, Ltd.—To Offer Stock to from the the Scruggs-Vandervoort-Barney, < 3015. p. Chairman of Inc. facilities Stock Exchange, both class Karl ,F. Mr. ment in Mills, directors... cents its stock. Revenue —V. year B. stock A on "The especially by Scotts Chemical. Plant "It . . Board; Paul C. Williams, President Treasurer; John W, Chrlstensen, Vice-President^and Secretary; Messrs. Mills, Williams, Chrlstensen and George D. Massar, and the <56.7*480 on share of Charles $1,110,858 outstanding at(,pec. 31,1956, .or 97 and the 582,520 shares of common A figures stock with were Scotts New f.'„ •.£ . . "ji.-. proposed class A stock. class B stock on the New listed on the Midwest Preferred Stock of "each shares onc'share considerably despite no real change in currency or import restrictions throughout the world would /seem to indicate that merchanctuing methods developed here are paying off in foreign • countries," Mr,, Dinnauer said. "And the . , PERSONNEL—Management ; annual of have Services. ,i greater . h class restrictions to provide the facilities for a revolutionary type of chemical processing of plant' food and other lawn care products. Planning which began in 1941 included research covering new and more effective materials, as well as the engineering of a modern plant to process them. .1 The plant which has been In full production since January 1957 is located on 186 acres of land and contains a floor J he said. our the Employees for 30% Bonds—With up number would Exports Up 50% in Nine Months—: to the chemical as following the The Ohio Company, Columbus investment bank¬ new the pointed " out; same he Exchange and the this," market stock. our list to each : a BUSINESS—This of such ...Export territories have been streamlined and equalized, and adequate representation at both the local and national before in SchenLabs history."—V, 185, p. 1290. Chemical provides excellent stock ■ quickly completed. was area Galen J. '''K'v I go has underwritten square for B Co.—Secondary Offering It Midwest though '? ' 5 : •. even issue, to be offered to Ohio investors only. The bonds ~are priced at $1,000 for each $1,000 bonds, plus accrued interest. .> ( Roadway Express, Inc.—Reports Increased Earnings- the -in all more than ers, Co. j . 1169. backlog the •t.<• several reasons for ^Additionally, the New York visable ago, opened, bonds. of Trust Trust p. actual as it stock, $2,400,000 plant for the processing of chem¬ products for the plant food industry, this corpora¬ tion, an affiliate of the O. M. Scott & Sons Co., of Marysville, O., has issued $1,250,000 of 5%% first mortgage employees, European and African, in all companies in the group earning a basic rate of pay above a stipulated minimum will be eligible for membership of the plan. ? for hand both on / „ are and selling ical the The depositaries year opening of All - on ■ Electric proceeds Scotts employing companies and the total contributions will be used tq purchase in the open market Rhodesian Selection Trust and/or Roan Antelope shares at the election of each employee. The provisions of the plan will safeguard the employee's own contributions. , the • V."There ... in and ' that manufacturers, for whom we supply items, Thus, additional dollar amounts cannot "-v.V. ".'.v.."1 months have we level exchange the of programs the as full have \ substantiates gives scope. to sales six been the purchase of Antelope companies, matched periodically . on to in orders our * Sheaffer have dividends disclosed. at ' company headquartered In the Midwest to list Its stock exchange located there. Our experience since Midwest Stock Exchange last November and net export Income is up 60%, R. Blayne McCurry, its President, reported on March 28. ; .: Arthur F. Gormley, Vice President and General Sales Manager, said: "Since the beginning of the current fiscal year new territories have Copper up aircralt larger net than towards Roan receive we Sheaffer approval addition, in limitations would a group of The share¬ based be that Ryan's business committed."—V. 184, Dollar : each group and other first Employees— available but it will enable wages employees Ltd. > listed Exchange. Schenley Industries, Inc.—Schenlabs Volume Up— companies on March 11 employees' share purchase an, for Trust Rhodesian Selection the two companies in quotations. Employees' 50% introduce 1., r'jw. not yet to their of of group incentive are facilities of proportion shares in to an Selection . details fixed Trust proposes provide Rhodesian Mines Ltd. , Selection it $11,205,233, which -V";-;■•"v.' was is stock - ■ 1280. Rhodesian Selection Trust Ltd.—Stock to The announced first President,-reported to certain trusts created for the benefit of the family oT the late William H. Donner and the Hillsboro Planta¬ tion, Inc. See also V. 185, p. 1390. I,<■■■■'■■ ' 'v 'V.; ■:'« l-V'l','. system. new such concession of 50£ per share. 1 technical specifica¬ in • 31 Tn and non-voting stock for each share of stock now held. : r.-. V v If the stockholders approved the proposal, the company would apply only to the Midwest Stock Exchange lor a listing ot the new class A and class B stocks. Mr. S'leaffer. pointed out. The, current , and per share earnings net shares outstanding. the 374,000 Jan, share. per $296,656; was on on Mr. for Mr. would equally stock 1957.' 23, holds. now B not, offered be May stockholder stock he would exchange, proposed Sheaffer voting will on' class > v.. during •' the Ryan* meeting the stock share privileges that except class. A would rights, same cf investment bankers, headed by The First Corp. and Stone & Webster Securities Corp.,' on March 19 offered publicly 50,766 shares of common stock (par $5) at $19 per share (ex-rights), with a dealer's Further efficiency is obtained by the use of standard business forms developed for Reynolds by the Moore Business Forms, Inc., pioneer in and the largest manufacturer of business forms and systems. the design, of -/V ■ and stock of the stock recommendation .'.present Boston especially with Reynolds in is Savannah diverse Reynolds plants and offices with 12.000 miles of circuits, while the telephone system handles 360 calls per hour on a 6,500 mile' network. tax months, company $29.96 ol 1''v4't- will as firm cooperated \ rights Under carried are classes have common stockholders' . sdls and Chattanooga, and Increase Claude increments, even though the total of already East they The Operatipns V-'iV--' • Jersey. all •• ... .. proposed would present The said the company's "present $92,000,000 backlog does not reflect the full extent of current Ry&n programs. Scheduling added be organi¬ system office value much are ; Connecticut the on Ryan to smaller ' T. year, income three the of of. contracts considering diagrams, maps, blueprints and complicated tabulations said, cannot now be transmitted by any other medium. telegraph network with 59 stations in 26 states currently links W'hich, Mr. begin York, , worth book a extensive - the of between Massachusetts, • . stock manufactures carpeting. month-by-month a fiscal 1957 79c, for the Net sales New most Reynolds parts V- the report to stockholders covering the period ended Jan. 31. Gross .income Tor the quarter was $12,220,314; net income after were & Telegraph Reynolds , form.- other first speed sales orders 8treet with shown the of provision, for Federal * system new - material; ■ the Believed list Worcester,'; Mass, and two both tiie interim an r circuit, accord¬ same v in to miles away, employes page-size Western Union Intrafax (facsimile) provide instant, automatic, (two-way transmission of Reynolds Western in serving business today, the network can transmit printed material instantaneously; the communications ( Mr. 47th operation, Newark. and or system fnachines to sation. the over collaboration In -said. The i pilot network Officials networ k to subsidiaries, V; have quarter demonstration American Telephone men.'•./' Hartford facsimile the its tufted Saxonville and votipg . and woven reclassification will give our stockholders greater flexibility in their investments and will make available non-voting stock possible future use in business acquisition or diversification oppor¬ tunities," he explained. ■> The Ryan Aeronautical Co.—Sales Show Gain— .Sales industrial first a principal similar to wirephoto, by which news¬ coast to coast in covering major news is the- first industrial application Of ing to officials of Western Union and who with pictures from Reynolds system the alternate voice-and-facsimile transmission Co. nation's the network originating hundreds ol facsimile telegraph. by of "The 1859. application Monday, April 1,: 1957 .. lor company. , orders, instantly transmit papers events, unveiled 19 communications how reproduced • Using > facsimile newsmen ire March company" on in make tb the of Chronicle handling of common stock by the soft-surface floor covering industry. Exchange. in Charles follows: as offering the Carpet Co.,. through plants director a public Tennessee. - Announces Rapid Order System— Stock variety at on is Howe first the oldest in expects stockholders, 229,536 shares; Albert S. Howe, Jr., Estate ol Virginia Howe Pease, who propose to sell respectively, 129,536, 34,852, the ' , ' interstate wide a sources of ore. Previous storage capacity was 25,000 tons. Rapid loading facilities in Jamaica will increase the average loading from 1,100 to 3,000 tons an hour. Total cost of the Jamaican They 'Mr. the selling owns and incorporated was Roxbury rate storage be company American feet wide and 93 feet high—will hold 120.000 in Jamaica, ona of the company's four prin¬ cipal « firm The Mines,' Ltd. -world. shares. will company—one of ^ which shares; shares. 47,352 34,852 This increasing storage capacity tons. Rios, largest the and ability. the company is plant, three lists Inc., Jr., 47,352 owns owns unloading Quinta prospectus Brown, who is Financial * operating income after 185, charges p. 1049. (Continued on page 53) — Number 5625 Volume 185 The Commercial and Financial Chronicle ... Per DIVIDENDS in two separate the dividends an¬ Dividend announcements are grouped first the In all indicate we Then nounced during the current week. a table in which second • Dominion "... Name of Company Fund "plus Corp. Sud Aerovias Ainsworth East 7 Vic Mills Hosiery r (stock . ^ - 5-15 4-18 * 1-' el ass •4- 1 preferred %st -7- Ansonia Wire Cable b 2nd' k Atlanta Paper Co. (quar.)i__::__A_-—A—<A Steel (quar.J___::____lA___LA___AAA'' Development Mutual FUUdAj.AAi.A_l Austin Nichols b Co., Inc.—•*' " ,_'.*■ " $1.20 convertible prior preferred (quar.) Automatic Steel Products Inc.— *4-23 * Telephone 5Wo Ltd.— + :' *' (quar.)__—— Co., preferred ■ Baldwin-Lime-Hamilton Banllfe Corp. Bartgis Class Paper Co., Ltd.— -a *• & Gorham, Starr Bliss- (E. W.» Inc., Co., 4Vi% pfd. Bourbon S*ock Yards—__ preference $2.90 6- 27 Vic (quar.) • % * l omitted $4.50 6 4Vb % 4-12 Goodall 4V2% . "4- 5 5%*. 4- 8 Gross 4-12 4- 1 3-20 4- 1 4-30 3-27 «- time) 5-15 20c ■fb +72 Vic 1 5c 4-10 1 5- $1.10 Hill "Co.. (quar..)-— Bunker Byers (A. M.) Callfornla $1 $1.20 Water $1.24 Canadian & $2.40 Oil 5% • , -••V1 • *"% I Gfficlal. % 4-15 %3-29 5- Okonite* Co. . 3-22 Otis 1 3-18 4- 1 - '3-18 . 5-1 4-9 w , 4.25% 4-25 4-10 35c 4-19 4- 45c 5- i 56^c 5- 1 (quar.) $0,578'/* (quar;)__ 1 —I12'aC 5- 1 r 5 * ' & I 4-10 Horn b 1 4-10 Hotel Syracuse 5- 1 1 4.25 % . 5- 1 Hardart pfd. Y.) Y.) —— t37'/aC (quar.) 5- b Ulino's Brick Co. Imi>erial 2 60c 5% • ' ,3-29 '14- 4-15 V1., .4- 5-15 Ireland, Co.— I 4-26 "5- 5- 00c 5-10 4r 10 $1.03 (quar.) __ fquar.)____ 5-10 4-19 $1.25 Beneficial 25c Portland Public 4-30 4- - ' 3-19 Ingram & B^ll Ltd., 4-10 Inter-Mountain 1 6% 3-27 3-31 5c __A„ (quar.) 3-30 5- 3 4-15 . preferred Interstate 4-10 1 1 5- 1 4-20 25c 5- 1 $2 non-cum. conv. pfd. (quar.) ! Oil b Refining (quar.)—-— Chesapeake Industries— (Action deferred on the $6 preferred and the $4 preferred, payments at this time) 50c 4- 4 4- 25c 5- 1 4-10 Claussen 10c ; Jewel (quar. 4- Joy Illuminating— Common (quar.) preferred (quar. Inc. Britain preferred 5- 1 4-19 19c ' ,* 3-29 95c 1 6- 4- 1 3-21 Knox $1.50 4- 1 3-22 Kropp 5- 1 1, 5- 1 5- 1 4-10 $1.17 5- 1 4-10 4-30 4-10 5- 4-19 25c —_ 4-15 - C 4-10 ; 4-10 1 $1.25 5-1 4-19 15c 3-30 3-20 18c 4-12 4-5 30c 4-23 (quar.)____" Corp. 4-; 8 4-20 4- 8 20c 4-15 3-30 10c ________ 4-15 87 V--C (Initial) (quar.) : — ___i: of !_ 43 4-18 65c 6 Vic * 4-18 8 3-29 3-29 $1.25 ___ i 4-15 12 Vic 4-10 3-29 31 'Ac « pfd. (quar.)____ (quar.)__ $5 3-29 3-22 4- 5 4- 20c 3-29 4 5c 5- 1 4-12 $1.06'A 6- 1 ,5-15 $1.05 6- 1 *_i"' $1.12Vi "6- - Colorado, (quar.) com, (quar. (quan) Co. of Y.) 5- 1 4-12 4- 1 3-21 New v3-30 1 3-19 5-15 , 5-15 1 Mexico— 2f.'c 5-15 5- 1 $1.25 6-17 6- 3 $2 3-30 3-21 3-30 3-21 5- 4-11 quar.) Revere 4-15 Rhode 3-22 River tl5c ; 4-30 "20c (quar.— ' 4- 1 4- 1 20c , 5% conv. payment Cold b '■J pfd. (Action at r.his time) Storage Warehouse _________ 4-15 4- ,30c 3-30 Supply Racing 20 c Protective Co. .. ."___ Pittsburgh Coal-.__ 4- $2 ___ 4-10 4-15 t- 1 3-27 30c (quar.) (quar.) 4-12 4-25 15c America 4-26 25c of (quar,)— (quar.),.: Mills 9 5-, 1 4-12 $1 1 4-19 4- 5- 4-22 5 4-15 . 5 Rogors Corp. (Payment 20c 1 Co.— $1 ' 5- 50c I class A the class B Map 90c (quar.) stock time) "V ——1 Co. Sangamo Schaffer'StOrei Co., 6% pfd. (quar.f.—— Scbenley Industries (quar.)_'_ Co.. Ltd. — 37 7-18 60c 4-29 4-15 5c 6-20 6- 7 Sheraton-Gibson, 6% pfd. (quar.)__ Silvray Lighting (increased)—__ 7c 4-15 4- 1 Smyth 5c 4-20 4-10 Sorg Paper Co. 10c 6-1 5-7 Southern 25c (quar. 1 8- > Security Banknote Co. " '3-29 4-15: $1 tl5c 4.-10 6 1 omit¬ was 6- 6-20 93%c $3.60 on this at Sanborn (quar.)— (Calif.), Assoc. Rice & 50c — Electric Island Brand Rochester 3-27 5- (quar.) Real Estate Investment Trust Co. 3-22 62*<;c (quar.i—: (quar.) Light (quar.) divld. on Market Republic — (quar.i common A Electric, Reading Co. 4-10 5 5- 100% 3-28 4- Vic 1 3-26 3-26 . 25c _________ 5-10 4-19 20c ; —___ 7- 12 V".c 3-23 1 2-18 31 'Ac <N. Kingsburg. Cottcn OIL. $1.12 Vi 4-12 5- (quar.) i__ Quarterly ' (quar.) Manufacturing Co. 3-30 b (quar.).; common 4-30 $1.06'A _____ (quar. 1 (increased deferred 4-19 5-15 40c ,1-.. — Tea, 3%% 3-20 5 Heintz, 4-22 13 ViC 10c preferred ted b 1 $1.10 (Boston) Co. Service 5% 50c Jersey Central Power b >4% preferred (quar.) 5- • common preferred Pyramid 1 Jack 4-15 50c 4-12 ' —___ (Mass.)— (Conn.) 5-15 1 (quar.) preferred Common 4-20 (quar.)_._ Mortgage 1 $1.07 Va pfd. 41/2%!-'prefefred"(quar.) 4-18 5- Great 60c pfd. 7-25 7-25 $2 5- Department Stores Investors ChampUn '/f% Public 4-15 10c Telephone, 8-16 6-10 5- (quar.) Fund Service •»'$4.20 7-25 " 5 4- 4-15 4 ' 8-15 _ 6- : Light Co., Prudential 4-30 8-15 1 $1.06 —%____—— (quar.) Transit, 4-10 4-15 25c Gas- 5% 4-16 % 50c Commerce 16c 3-20 7- 33c —1. Valley Wine preferred Preway, Inc. (quay.).% T0c (quar.)c of 4-15 5-15 (quar.)_——_ (quar.) Cable Portland 4-30 " ; 4-10 5-15' "4 5- 1 30c — 20q (quar.) (quar.» Bakeries Bank Quarterly interest——— com. preferred Industrial Trust— 1 - 32V-C . (quar.)_^._„ (stock dfv.) preferred Cordage Employees Stock 5 35c Inc. 3-28 1 3-29 ; 50c __j. Chemical b 4-10 1 4-30 $1.25 vry 4- 4-30 93%'c ' Mills, i 5- ■ 4 r 7 Vic (quar.) Plymouth J, ■/'„ 4-13 4-15 56V4C ordinary Head Indian 5-15 fi- $1.12,/2 4-* 4* 25c Inc. common conv. Wire -Pleasant 5-6 5-20 Co., $3.50 , (quar.).— (quar.). of 4-30 25c (quai1.)4 common & Stevens Plastic 5 75c (increased) Co. 3".aV 4-12 . ; 6« 4e 5 Paper Package Corp.__ Pittston 4-13 4-.15 72c Co. (quar.) Fund, preferred Pictorial 5 1 40c • (quar.) Tobacco 4-4 4-2 common, Phillips-Jones, 4-25 , 5-15 , Cemeht Philadelphia 4-23 4-22 25c Gear & preferred »• Quincy 4-10 4- 4-15 • 3-2^ ;> 62'/a c (quar.i 4-11 410% " pfd. "(quar.) C (quar.) Press Brick Co. Hydraulic 4-10 * 3-29.) $1.06'% pfd. (quar.) 10c 45c com. , 4-10. -i. 4-26 r__ (quar.); preferred 5-10 (quar.) (N. (N. 1 4-13 — preferred <5-10 35c — 5c , 4-10 5-1 2C — '___ 4.68% 1 (quar.) ; 15c 4-10 , ,4-12 15c %. — 4.44 % 5- ; ; .5- 25c- • 1 5-1 25c •-} ,< U: 1 '5-1;..-, 4-19 ,5- 25c —- -Philadelphia Electric Co., 3.80 % 4-10 31c 4% 4-10 4-10 5- A 5»* C-x" 28%p r 4-4 4-1$ 20c . (quar.)__i_L__: 40c (quar.)_______'._,i_: class ; . 4-15-h. - , — 4-15 10c Co., n (Increased) preferred 5-15 (quar,) Machine Perry-Fay Co., 1 (quar.)., 5% 4- < r $I.06i V (quar.) (quar.) 4.30% 5- (quar.) Co.. ■4-15-ji $1.13" , . 50c 4-15 $2.50 " - f 4-15 5-15 50c Powder Co. preferred $1.12Vu pfd. V 20C preferred (quar.)j. Pennsylvania Power, 4.24% Permanente 4,/a% *■11 50c Telephone^ com. $1 preferred (quar.) $1.30 preferred (quar.) 4-10 " s • Peninsular 4- „ Park Chemical 3-18 4-25 (quar.) 5-ie V Pacific Outdoor. Advertising 3-18 4-1 40c . 1 25c .(quar.) 4-1 ; series) Light common 5- 30c ; Perkins % 4-15 $1.75 V.;. % , 3-25 - .... j... (quar. ..'Wi'."' . ^ 1 4t-10 »'v, - Brewing Co.r, Elevator (quar.) _; 4-15 Marx .. $-1 5-15 , 1 - 5-i.i • 5-1 — b . . 4- 5-15 'th-' Filrns^Inc. (initial s-aj^i___— .'Ohio:Loan Discount (quar.);,_^r_u_;__^_-, 2-28 ,«• * 25c 50c" (quar.)__„__ of America, 5- 5-1 Engineers Inc., $4.50 . — 30c 33c Lid. Electric 3-31 1 4-15 25c. Noxema Chemical, common. Class B ' 3-20 22V2C Water Power (quar.)_^ Hoover Ball b Bearing-.— Century Investors, Inc.—. Cleveland a/- ■' 4-1 > \ t. 60c Extra , 4-15 $i;.- $L06V*.-t.t /-Northwestern Bell Telephone . 3-21' . 4-10 preferred (quar.)____ —, (quar. — ——_— 3%preferred 'Hercules Hoc 31»,:c Field preferred , 9-20 1 4-15 . .-4-15)1 35c (quar.)^^__-._ji:_;>»._-,^A._^. B common 5- 25c - (quar.)_____—_ V % Class %3-29 Holyoke ___ 1 4-15 3-26 3-29- $1.25' $1.32 (quar.). Electric Corp. 4-19 _j, / 5- , 4.60% .pref. (quar.) Northwest Engineering, glass A com,, (quar.), , % 12-20 * 1 Extra 3-10 y_ 1 ^ 7VaC common (quar.) 1 Hudson Gas b Electric Corp. Century 5-10 4-10 (quar.) 4' 4-15 1 15c - v 3-20, % 1 '^. 4-30 75c Indiana— common Mfg. 25c (quar.I of Co. 4-17 (quar.)-_1- Scott Certificates Central 1 (quar.)__—______________ preferred Point 4"''■ 4- Hartford Steam Boiler Inspection & Insurance 1 preferred (quar.» Caterpillar Tractor, common 4.20% % r 5c (s-a)___, preferred 5- com, 4- 4- T 7VaC% Co.(quar.— common Schaffncr .4- Telephone, —— preferred (quar.) Northwest Airlines Inc., comniqn_______^_—_ Calif.— dividend Hat 5- (quar.)_A_ 4Vi% Cedar ' (increased) (1955 r;,4.22%! t$1.25 * ■" 4-15 convertible $1.75 preferred tquar.) Vickers, Pirie, Carson, Bros., Stock 4-17 30c 1" 5- • 5-13- 25c • . •< (s-a) 5- 1 i , r.<: -•.;--4 Wb, preferred (qugr.) 4-15 , 3-22 1 90c 4-19 * 1-1-58 60c I (quar.) Hecht. Co., 5- 1 (quar.) preferred preferred preferred preferred $1.25 7% Co., preferred $1.32 B prior pfd. (quar.),," -,..37'hc Buzzards Bay.Gas Co., & Telecasting, 1 I 5- —■ - 'J- (quar.) new preferred 8 0- $1.50 (quar.)_______— preferred 10- 4-15 26c preferred A-r(s-a)4— .Olympia pfd." fquarv)2%'* Hagan Chemicals b Controls I 25c 50c • _ ■»\;/-4.Vsr% preferred, (quar.),__-_v_^-i__,j.,_4^-tj._-r. — 7rfi. %% 6-20 v (quar.) Co., of 1' 4-1 $1.25 , 4- - 58c (quar.i (quar.) preferred $2.50 Pierce 3-26 fi- 4.40%.' preferred B (quar.i Brooklyn Union Gas (quar.)Buckeye Steel Castings, common--— 6% 5- $1.25 % H,) * Co.; com.; (quar.) i___21l_ Rubber, 2nd $1.10 com. ? (quar.) I———— preferred Hart. (extra' Co., A common Gustin-Bacon and this iquar.c_-2—; Gas Canada, preferred "(quar.) Class ; pfd. Co. Northern Indiana- Public Service— 4-10 y _____ Hertford Borough Brooklyn 4.40% at 1' 3-30 3-25 , 56'Ac $2.40 preferred^ tquar.y New Bedford Gas & Edison Light ((juar.)_^_ .-New York Wire Cloth »(guar;) Norfolk & Western Ry<, 4% adj.. pfd. (guar.). 3-30 f'' ; v-4-15^1"'' 7'/2c (P. 4-15 1 1 4-19 lie < 2% 5 4-15 4-30 >. " 3-30 " *' (quar.)—• McBran Halle ordinary 6-15" 4-15. share.-held*— Ji————J class preferred 1, 5- • ordinary "stks, "• . ; 4-15 5c Gladdlhg. Ltd.— the on shs. Amcir. ,$2 . (from —' Bros.^ 1 1 4-16 7->i *$1.75 4- t20c pfd. (quar.)P___^ Neptune-Meter Co., common *4-15 ,. 4-12 4-30 (quar,)____^J preieryed Common * (quar.)——L——. of Telephone Gimbel - the each Telephone Co. of $2' preferred -(quar.)— British Motor Corp., Ltd.— (Payments Co. preferred 5- $1.12 Vi - \. l~ I 4-2$-4-10 _r'50c ...— B I 5- ' $3 ; ' G"neial 3-26 $1 —___ ■■■, (quar.)_l^„—_ Brewing, General 4-15 4-25 ! 5-» ~ '4- Corp.~;<V)Mshliig- jquar.—$1.25 shgres for Tire Class 5- 50c 4-10 • ; *• taebmev-<,_;%_——" j " ... Metals .-(special) General 5- 50c — ____ 3-26 Co._l_^__vz—^-^-_10c Mutual Fund^-2__'_-_____t_-i;_I___ :' 4c Corp. "dquar.ji^-2—"^:27Vsc .Genessee 4-10 - 50c Bridge b Tank Co. of Canada, -4- 4-10 $7oc Fund—-.-— Green Bowling Insurance. .Cop (guar.) General' .Mllls« -Inc.' 1 4-17 4-26 fquar.)_______ Bobbs-Merrill General 4-19 - 4-30 A__,. (quar.) Co. 4-15 4-1 5c 1 4^26 dividend) (stock National Manufacturer b Stores— (quar.jC_i3ii—- dendp nine 4V2.% 35c 4-30 ' 6- 125c iquar.)__—rr_ Mass.),. pfd.____—* National Electric Welaing Machine Co.^-! Quarterly —•_ ____:— National Glass Co,, 6% pfd. (quar,) '3-20 15c —u:.' 4-11 , National- Co., (Maiden, 4-1 , Glatfclter A__; class 4- +■"/' 4*30 20c ___________—* (quar.) Life Acceptance 4.64% ; ,* 4-11 1 - National Casket !»/?% _________ preferred;.(guar.'>'lZ^---—-™jJ_l_— Frocdtcrt : 3-21 IOC — % 1 —,/t iquar.i Narragansett Electric, 4^2% 4-15 ... 55- $$1.18 r 1.——_______ (quar.) & Co. ,',v Extra 4-15 1 4-11 4-11 3-22 40c (quar. —.'A,— Works iquar.i—A„__-A__-._l-- Inc. Foods. 4-11 , ** ' Corp. Baystate Belmont.Iron Ij»c. Founders _ iquar.)_l A 1 5- pfeferred-' (quar.>—ii_—_l—$1.25 Foreign Power Securities'Corp.—stock divli ' i 4-11 - 4-30 ' . dividend) Extra _ 5- * of Rec. $1.05 (quar.)_%^_ Ltd.— Royal Rice Mills Ltd, Myrdock 1 4- . $0c (Seattle)— Holder* 5-31 f $1.12,/a Forfr Worth-TranRit 5-1 , (quar.) : 4,-15 5% 9- 4-29" 30c (quar.).________—____________ Bat hurst Power & Black, 4- 3-29 • 3-31 f IOC >1 (John) . $1.50 pfd. $4.20 b Co., preferred 4j/4%. Morrell ' 3-20 - 6-15 20c -fqqw—L_—Jr.J.2ZViC A (qi;ar,)L—# ;$l;25 Extra ______—.__A— ___ _ Bros. Corp. . (stock 5%' preferred 3-29 -31c (quar.)____, pfd. non-voting non-cu:n. *Avalon Best 5 . .5-1 9c 1 r Fleming Co.; 5%-preferred 4- "'4-15 12 Vic -• 4- Cl). "class A' (quar;)—22V2s " 5%; preferred* J Atomic a 4-12 Sterling "Inc.—; 7^(». ;!" 3-19 ' Atlantic 30c Firth 3-29 (quaRKA-A-A-." si.os^i preferred $1.50 (quar.)—- "Services»Finance- ordinary 3-29 >■ - 4- 1 t$1.75 Fiduciary >Mutual Investing Qo,, inc. - City 4.35% 5- Co., (quar.)— Morgan (Henry) 5%-; preferred BV'fquar.)—" $1.25, 4-15 1-i 3-30 5Vs-%;,. preferred ffquarOv-^——— $i:37 Va;"J-' '!4-157 3-30 ; 3-29 • * 1 (quar.)_%„_"_i*.l__2—. "traders % ton^ D. Fenestra, 6-14 1 15c : - 4-30 - $2 (quar. 4-15 3-22- 75c Co. 4-17 25c (quar.)_-, Consolidated 5 %* preferred ■ 4-15 + Electric Co.— " """""" 1 $1preferred (quar.i_c_-_A____-__.l_i--: $1.02 »i .5- 1 4.1C%; \ preferred (quar.): 4.3$%' C preferred v(quar,)_^_r,J_JL_-_-_iy-" $1.08;!,♦ :■'■• 5- 1 -Atlantic ,15c Co. .Ltd.—' -(Syracuse,. N. Y.\ 1 4-10% ■ $1.75 1 ' 4 Power preferred $6 Share - , 4-10* "75c (quar;)___;_'___i__-_^A"' (quar.) preferred' (quar.)-_—: $1,50 Brewing .(qqar.)__—" 25c; Federal ; > . 4-1*5 5- .7 •<». 7.%< : * -/ 4-1 American' Steamship Anaconda Wire b'-.Cable— '■* -■ 3-22 5-1 Class ■ Bquarr>j.;_—1 _-—_^" %"15c American Smelting & Refining— ; : ;; pfd. of Company Montana 30c .Farmers.■:& 3-22 ,'H 5_-"L' --"05c - (quar.>_y A - "-"4- 1 20c President Lines, American 4- Co., ,j?% ;Class 5- 10% ■37 »4-c- '(quar.) 1 . 4-1G (quar.)__ Textile: Prlnting_„__;— Falstaff , 3-22 1- $4 4l5c (accum.)_ Millwork Fabian 9 35c Power Electric Mills, Inc. Fairbanks 4-16 4- r- 4-30 : Supply preferred Products 4-15 3-20 20c- preferred -Empire 4- 3 '4^ '"L dlvidendt____-___u___-; ; -i S1 ,k, 4-30 Quarterly - 4-10 ' 62 Vic , 5-15 5-15 When Payable Per Name 3-30 • * 50c - %%'. preferred (quar.)_i_ American Home Products Corp. i month lykrAmericati Natural Gas Co., common (quar.) 6'Jo Electrical 5-1" 10c * , b t$0c N Products^ common (quar.)__________ V 4'/2% preferred (quar.l__2i_4i._--__J____ *" 3-19 5-i* 12»ic (quar.)y (Ga.), common (quar.) ■ preferred 1,1954 serf" American A- Efird Mills. Inc.—J-V'; E 4-30 15c ' (quar. )___j.. of Reo. ' V 20c • v American Discount i .Common- Sault Ervtin (quar.)_^_i—^, Amalgamated Sugar, 5% preferred American Can Co.. (quar.) 3-29 •' 4-15 HoUlert Payable Ekco 3-14- ' 4-2- 17'-c - Alba ." 4-25-• 3-22 J Kootenay Edison s lc ~ 6% 7%,' preferred .• Noldert -5c' preferred Products Metals Eagle Stores, ■ > (s-a)_. Mount Payable of Rec. si • Corp. .(increased) Mfg. Control . %c A (quar. Inc;— f * ' -• " A (quar.% Americana, 7%* convertible Air ■ of When _ Share diestribution of 'Ac)'(quar.—l-A v Engineering, class Adams. •> dlvid. Quarter galas capital a Electric Acme :.,s - (First Textile, Ltd. (final Laboratories, 60c Film DucommUm payment date. .Per Ltd. ,420c show the payments we ously announced, but which have not yet reached their Aberdeen Works; Extra *1- Du-Art follow with previ¬ we Engineering When Share Name of Company Dominion tables. :(1521) -13 4-30 4-22 4- $1.50 7 Vic • 1 5-15 3-20 5- 7 " Cleveland Colonial Ice Colorado • Union Co., Oil Columbia Stock b (quar.) (quar.)_ preferred $6 Gas Pictures Yard Corp.,' Corp., (quar.) 31 'Ac (quar.) $1.06'A $1.25 pfd. $4.25 : Banking Corp. 10c (s-a) Extra Commonwealth Quarterly from Connecticut $2.09 Stock 3-25 1 3-25 Lane investment series F Co., Printers Consolidated 6c income—- 4- 4-25 pfd. 5- 1 4- 5 5- 1 4-15 5% (quar.). 35c 4- I 3-22 37 Vic 4-15 3-29 37 Vic 4-15 3-29 —- (quar.) A- Counselor's preferred Investment Package (quar.) Mfg. Inc Danly Crystal pfd. Machine Water E>avenporf David b Frerc, Inc. Daystrom. De Vilbiss Dean Co. Co. b Delaware Diamond Co., Ltd., — 4-15 3-21 40c 4-20 4- 8 4-15 4- 5% Inc. + (quar.) b Co. Shares, 5-15 4-26 4-10 9 4-19 4- 4- 3-20 4-30 4- 3-29 3-29 5- 1 4- 8 5- 1 4- 0 4-12 4- 2 37 Vic 5c 1 2 Long from net preferred Corp. Salt Co. Louisiana 7% Co. Manufacturing, common preferred tquar. > (quar. (quar.)„ quar. )__v ,4-30 4-15 Southwestern 4-25 4-10 2 'Ac • . 54- 1 4-10 1 71 »c Lynchburg preferred 6% preferred $5 4-25 4-10 12 Vic 4-30 4-12 _________— — 37 Vic 3-20 4-15 Standard 40c 6-17 5-15 Sterchi 6-1 5-3 Stone 30c 5- 1 4-12 4-15 4-1 60c 5- 1 4-22 $3.50 5- 1 4-22 (increased quar.)._ 5-15 13c 5- Corp., 3-30 1 4-10 5-15 4-30 $1.25 4-15 $56 'Ac 5- 5- 1 6-11 20c 4-24 (quar.i Corp. (quar.)_„____ Gas Propane conv. conv. Superior Steel pfd. pfd. 4-15 4-12 , 5-28 . 4-12 Corn.— (1954 series) 5- 65c (quar.J____ 1 1 4-15 65c — (quar,) 5- 1 4-15 35c series (1952 Corp. 3-29 1 25c 25c pfd; (quar.)__ Mfg. (quar.)_ Stores Bros. 5.20% 5- 50c J' Equipment 3-30 25c :___ (quar.) com. Co. Container 5.20% ; (quar.)_—: (quar.) Ltd.. 4,/2% Suburban common Drug Fuel 8 ' 4-15 37 Vic (quar.) Power Railway Standard 4-10 Fund Milling Co., 3- 1 Gas— (quar.) preferred 4-25 j : 3-22 (quar.—___. A Nevada 1st 31 Vic ; Gas (quar.) 25c 5- 2 4-13 5 4-25 < 4-15 . 3-25 1 , Tavlor Fenn & 4.32% Holdings Ltd.— 5% participating preferred (quar.) Participating Macy (R. H.I b Co. Inc.— r R A 4\Wt'r 4% preferred preferred Mailory 5% Matthiessen 5- 1 J25c 5- Tacumseh 1 4-15 Telluride '4-8 $1 5-14-8 b Hegler Zinc A 62V2c (quar.) 4% $3 preference Corp. (quar.) McColl-Frontenac Oil Products Co., Rhoads, Inc., AV* % 10-31 1 4-10 4-30 3-26 Toro 1 4-30 4-19 preferred 4.56% preferred 35c 5-15 5- 7- 1 6-20 Mississippi 5-24 4-30 Mode . (quay,)___.___ ,4-15 4-15 Trane Corp. 4.25 Mfg. Trade T~ (quar: Valley .Barge, Line-Co.-(quar.)__. O'Day 4.56 , $1.14,. 5-, 1 $1.09 * t 20c-' 25c - 1 •„ Co. —,—_ _________ 9 3-29 4- 1 3-15 4-26 4-15 5- 20c 62'Ac 4-10 1 5-31 35c 6-15 SI 6-15 5-31 4- 3-20 10c 1 4-27 4- 6- 1 5-15 6-1 $1.14 5-15 5 $1.06 Vi class Trust (quar. preferred (quar.i 5- 4-15 r» '! 25c 63''Ac $1.22',2 1 3 I 5-15 , 5- 5- 22',ic ______ Pipie Line, common (quar.) preferred 4- 20c (quar.) $4.90 5-15 4-12 10c A 6-11 25c (quar.)— (quar.)____ Transcontinental 7 4- $1.06'A Tquar.) & 1 5- 17'Ac < quar. >_ $2.55 • —. (quar.) '4- 3 4-20 — (quar.) •"3-25"^15 > • (quar.) (quar.) (quar.)__ common Acceptance, Bank — (quar.) preferred preferred preferred Tower 4- Mississippi Power b Light— 4.36'; Edison, common 6- 1 $1.50 : preferred conv. (Ky.) 4-15 6- 100'> dividend). (quar.)_ Products, 1 6-15 t5c <s-a) (quar.) Inc. 5- 27c Ltd. (stock $2.50 preferred 4%% 1 5-31 Sl.Oe'/i (quar.,»____ 1 4-15 Co., Finance Toledo 5- 25c pfd. 10- Time 5- (quar.)—i40c (quar.) 4-10 4-15 1 4-30 75c 15c (quar.) Ltd. 5- 20c Co._ Co., Power Thompson 4% Mines. Products Thermoid 20c (quar.) common iquar.) Gold Therm-O-Disc, (quar.)_ B 4-15 5-1 $1.06'/4 dividend Stock McCall l3lJAc (quar.) A b Co.— convertible preference Maytag i— Co.. preferred Teck-Hughes R.) (P. 39c % 115c -6%• 31V4C : (s-a) Lucky Stores, Inc. Southern 30c (quar.) (quar.)__ Rice State 3-25 75c 3 (quar.) preferred 3-23 15c (quar.)l • preferred Lighting 3-23 I 30c (quar.) Co. Island 1 4- 3-29 25c 4- ' (quar.) common 4- $2 — Corp. California 40c " (quar.) A convertible Miller b investment ; Co.; 2Ltd.y< Tire b Coast j.—j.— i (Hartford) Co. 25c common Northrup Co., Middlesex Inc.— quarterly Bridge 3-28 ' 10c ; income) SI.56 1 45c - (quar.) Dixbn-Powdennaker. Furniture Dominion 1 45c (quar.) (resumed)- common (quar » Products (Increased, 58- 15c preferred Dividend 3-29 4-15 . 8 50c Light Investment 36.25 30c (quar.) Match, Dictograph Dodge $1.25 (quar.) B 4- 4-22 20c (qear.)_. preferred class 1 ... 5 15c Mfg. ' $1.12 Vi (quar.) (quar.) Power Dempster SI.50 Dairies Specialties, Inc., Link-Belt M Daitch b Leslie 3-22 12 Vi (quar.) Packing Co., 4)•>% 3-29 3-30 5c — Fund, 4-10 c 15c — (reduced* Rubber Ltd.. Mines, Loomis-Sayles Mutual Royalties. Inc.— Tire Co., 5% 56'Ac (quar.) — Participating Gold Rubber Lee 4 52'Ac (quar.) 4.50% • Consolidated i 5%" preferred (quar.) Electric Co. Leeds Metal* Products Extra Co.______.__j.___ Lawrence - Connecticut Cudahy 1 4- Light b Power— preferred Creamery 4- A__, South Fund- net Connecticut" Power Cooper 5- class Forge Lamaque 1 5-15 20c Commercial pfd. Corp., 1 4-12 5- 1 4-17 5-1 4-17 5- 4-17 1 14 The Commercial and Financial Chronicle... (1522) Holders When Per Per When Holdert Share Payable of Ree. ^ < Oil Trico Tucketi Ltd., Co., Payable of Ree. 10c 1 4-15 American Insurance 4-15 4-11 American Investment (quar.)- (Calif.) Gas & Tooacco Name of Share Name of Company p$<b 7% 5- $81.75 (quar.) 5(4% Oil (Calif.) United oont/uaimal < u»o»n i-uiiu income) meat 4-10 5-10 60c (quar.)—————1 Union 3.90% \o 5c :—-— I 4-19 30 • (Dividend Corp.— ueierred v this at action (Newark. Co. 3- 4 Beatrice $1.31,(4 —— 1 4- 3-15 Beacty 97 (4c 4-15 3-29 $1.25 __/_• 4-15 3-29 5% Co.* 25c 4-10 30c 5- 1 (quar.)— 5- 1 4-19 . 3-29 , Lumber Common »; - new (quar.) Beech Creek 1 3-15 4- 1 3-15 4- 1 3-15 $ltc 4- 1 3-15 $25c 4- 1 3-10 $25c —__—3 4- 1 3-10 4- 1 3-10 " 4- 1 3-15 , A (quar.) —,—_——___■ 35c (quar.) R>R. of Ree. 4- 43c 8439C $1.12%.' quar.) common Holaeri , Share - (quar.) Ltd., Co., + —.— (quar.) Ltd. preferred $1.40 (initial com. When P'ayaVte Per '\s ■'• (quar ), Brothers, Beaver 4-19 SI.25 (quar.) common Foods, pre.erred preferred 4%% Foundry Co.— (quar. >— American-Marietta time) 1 Name of Company 3%% (quar,)—& preferred 4- 65c (s-a)— J.) N. V , Illinois— oi preferred (quar.) —— American Manufacturing Co. ; United Industrial preierred Machine American luxii- iic* Company Monday, April 1, 1957 —:— (quar.) 5oc * United Co.Llnd. Telephone 5% Cooler Universal preference 1 3-22 American 1 3-22 American Mutual 4-30 3-29 4% 4-12 3-29 American National 50c (quar.)— 5-14 5- American National 4- 3-29 4- $12(2C < qua;. preference 4- (quar. i dividend • • Molasses (Quarterly Co. $1.12(4 ——— $3 8 3 Laboratories class Inc., 2%c A— ; ■ Class Co. Fire Insurance Warner.1 Co.(quar. Idol 4-15 4- $4.50 Class A cotumon _____________ 1 $1.12% 5-10 4%' 4-23 4-29 ■ 4 'M White > Spice Worcester Wrigley Ltd., Co., 4-15 $1.25 Ampnenol 8 4-3J 4-12 5- 1 Anchor Hocking Glass Corp., preferred (quar.) $1 4-12 $1 5- 1 4-12 60c 50c 5- 1 4-19 5- 1 4-19 25c 4- 4-15 5- ' $1.50 < . 1 < Class A" preferred Quarterly 3-13 Ansul 3-28 3-18 Anthes-Imperlal 90c 3-29 3-25 25c 5- 1 4-1!) 50c 5- 1 4-19 25c 6- 1 7- 1 8- 1 3-29 -3-22 - (quar.) 50c 4.65% 1 4-15 Arnold 4-1 Aro this announced these %/. Laboratories, Share (quar.) common Holders 4- 1 3- 4(% preferred (quar.) Petroleum, A Abitibl Power & Paper, Ltd., common 4% % preferred (quar.)____ Acadia-Atlantic Sugar Refineries, $1.20 class A (ciuar.) Corp. 4-30 4-20, $42 %c 4- 1 3- 1 $28'/8C (quar.) ■ Ltd., 4- 1 3- 1 $12-% com. : Service Corp. Aetna Casualty Quarterly & Insurance Life Affiliated Co. Co. Fund, Co. Atlantic 4-10 4- 1 3- 4- 1 1 3- from (quar. net 6c (Watertown, N. Y.) (quar.) Ahlberg Bearing Co., class A (quar.)__ 40c Aid Ins. Investment & Discount, Air Products. Inc Akron, Canton & Alabama Power common Class Youngstown RR. 6% Alco preferred 7% preferred $3 $4 4- 1 3- ■ 1 Allied prior pfd. Allied Thermal 3-20 B/G Foods, Inc., 75c 3-20 B. 5% Filter, com. 5% Bosch preferred American Box' American A Corp., American Fire & Quarterly 4- 5 3-25 5 3-25 Bangor 3-15 1 3-15 6% 5-10 4-2d Bankers 3-26 3-26 (quar.) 4- 1 $4.50 4- 1 3- 4- 3- 8 1 3-15 9-16 8-31 12-14 4-10 3-29 25c 4-10 Co. $1.50 (quar.i 4- 1 25c 4- 9 1% (quar.) Corp. 37 %c (monthly) (Galveston : 3-31 British Bates 9 3-18 1 3-15 1 3-14 30c 7- 5 6-29 Texasi 3- 8 Ltd. 4-13 403 3-29 :-V4-15- " 10c - 3-15 4-2 $$1.59 (quar.i •4- 45C pfd. 3%% 93?4c (quar,)____/_ 3-29 "5-15 1 $25c (qnar.)__—__—_ ; British American Tobacco'Co.,'Ltd.— i 4- 4-15 r 1 4- 3-20 1 3- 4t 9 2-27 6-11 . 1 4- 1S1 (quar.i * _____— i. 3- 1 • 8 •#' 7d . ■ Bausch & 3-25 3-22 ' . 3-15 3-19 1 ;5% -preferred 4- 3-1 1 1 3- British 1 4-15 6% - 4-1 3-21 :- 5--1 4- 5 4- 3-15 4- ■} 3-15 > 4- preferred Beam 2 ,25c ... ■ !_ 3-31 4% preferred Cash ,"'12l'aC i . . $1.50 Co. preferred $1.50 19.C 4- 1 4- 1 10c 4-15 3-28 15c 4-15 3-23 15c 4-15 3-28 (quar.i/(quar.)_ (quar.)__/_, __ _____ ; , . 4- 1 3-15 4- 1 3- 8 4- 1 3- 8 3%d, (initial)—.1— 5-21 $45c , -1—i payment %• ■■ ." but, less Burndy Burns free expense Co. inc. from British ot depositary 4 < ...15c ________ " - 1 ,(quar.)_ 15c. — ; 15c ,.10-15 Bush Terminal . 9-30 12-31 I- 29 4%%. preferred 1-20. - 9 9 3-30 2%' /_ 5- 6 4-19 3-15 15c 4- 1 28 %c 4- 1 3-15 fine 4- 1 3-11 (quar,)_____%— Butler's, Inc.., common 7-29 8 10- - 1 4- 7- .4-29 ^ 2"c (quar.i/—— (stock div. f— Co. 4- 4-15 15c Burrottghs'corp, •' 3-27 tax ■( (quar.)_____—/ Corp. & - $15c Ltd. „* (finali Mines, • 6-28 1-15-58 3-15 $25c 3-29 $1.50 3-20 - Steel Co...■ Ltd.~ common Burma 1 $1.50 3-15 $1.25 — 3-22 •7-15 • Co. (quar.—^__ ' '• 4-15 ; 1 4- 3-18 4-15 , ' (quar. i_ ' $1.12% : 4- 2-28 4- 1" 3-15 4- $i 1 -Caldwell 5-16 9-16 Financial C. I. T. 3-15 6-14 "50c (quar.)— 1 50c , commbn l_, 8-26 -V $1 * . 6-14 %*i , 9-16 • — '• " 1 40c .$1.50 80e Linen ! " 47%C "- —2- : $1.75 — - Z' 3- , (N. - • ;/4s- 1 3-11 ."4- l 4%-%-. 4-1 3-11 $1.06 4- 1 1 3-22 $1.50 __ti- :■ 70c 4- 1 3-22 4-15 62 %c — 4- 25c 15C c. $1 1_4_" ,. • 3-14 .7% 4-12 3-29 6% class A 4.70% 3-18 $50c 4-15 3-15 4- 3- 8 $S1 — — Fund 4- 3/L8 'California 1 1 8 $$1.12'a 4- 1 3- 8 4- 1 3- 8 63c 4- 1 3-15 11c 4-15 3-18 Pcwer— (qnar_i. (7c _____ from - < —_—__ com. 26' 1_ 5,— 4- ic 49c (quar/ir 1 3-22 4-20 3-31 , — $1775 — 4-15- 3-31 $1.50 (quar.)——i 4-15 3r31 $1.27% 4-15 3-31 $1.17% 4-15 3-31 55c 5-15 4-33 50c 4-11 4-11 California 25c 3-29 $1 4- 3- • preferred (quar.i/* preferred (quar.i —!—2%— Packing Corp. (quar.t .\__ Portland Cement (quar.), /_ 1 8 . 5- 1 4-1 51.12% (quar.; 3-19 1 3-15 25c f ; 4-10 - 44- 1 ' - 1 Tool 1 3-22 51. 1 (A. insurance S.) , • 25c :R2.50'preferred (quar.i Campbell Red Lake Mines, 4- 2 4- 2 1 Ltd., '/a'% 7%c class A V 60c 7 Canada Bread Co. $27c 4- 5 3-2» 4- 5 3-29 4- 1 3-15 _ Crushed 6,% . Bakeries— , 4-10 4- 1 3-22 62 %c 4- 1 3-22 $7'2c (quar*)____ 1 4-26 3-27 37 %c . — Ltd. 5- 2% (stock div.)—\— Campbell Soup Co. (quar.i— Campbell Taggart Associated Canada r_. com. (s-a)l_ 4-30 4- 4-" 3-21 preference - r>-rr $4.25- preferred CaxioUi i<>o, Ltd., & Cut 5% $62 %c (quar.)_ 4- 1 4- 1 3-12 Stone— (quar.j^ >r 1 $$1.50 pref. B 4 . 25c Distilling— i_. Co., Association 3-15 4- * 3-15 .4- Fire Campbell 3-15 ' $50c (quar.) Camden 3-31- - 6sc common (Canada), 3- (quar.)_/__-—_ $1 5.10% 3 27 3-27 1 . dividend M.) 4-15 $$1.25 preferred (quar.t 4-16 4- (s-a) preferred payment t5c (quar.)/—; Electric preferred 3-31 $1.43% (quar.) (quar.) _____ ts-ai * ' - Optical, Ltd. .<•* Califorulit-Oregon Power, 3-28 1 4r16 56 %C * 4-15 from -capital *4c 25c, (quar.) (quar.) 4(4% and 2% - 1 ; common . ./ 4-15 1 ordinary income gains)-: California Interstate Telephone—/ 5.25%' convertible preferred (quar. . Y.)— (quar.l^ 1 preferred California • " Y;) 1 5- >•- $2.50. preferred - 4-15 5- 5- (quar.i — (quar.)_/— preferred (quar. California , 3-11 4- 5% ■•/ $20c $37c Ltd.,-com. Mills, preferred Calgary Power, Ltd., common v 4 % preferred i quar.) 6 4-20 $3 •— Corp. •*, v$l " 8-26 _____ p'articipating preferred (quar.)__ v_,$20c 1st 2nd (quar.)— Calgary fe Edmonton 5-16 • 4-1 (quar.). common (quar.) Ltd., Co., (R. 20c (quar.)__ '* (quar.)..: 3- 50c (quar.)— preferred Burlington " Machine Bearings common 60c conv. preferred (quar.)—__—______— Building Products, Ltd. (quar.)____„ •* 3-18 A .4- 1 56 (ic 1 1 3-12 $5 3-20/ 1 3- 4- 3-12 7 3-29 4- 1 1 ( 1-3-4 V 4-10 4-16 4- 1 3-28 25ct 4-15 1 4- Distillers, — 3-15 50c » , r 1 5- 3-18 3-15 50c —. 4-16 5- 3-11 T4- 1 1 4- 3rl5 3-15 1 1 -Brown-Forman 3-15 '■< 1 1 5- 1 Budget Finance Plan, common 4-1 44: 4- Bucyrus-Erle 18'lie 7 3-21 3-15 1 4- 3-19 4-22 3- 4- 4-10 1 4-1 1 4-15 $50c 10c 4- ' 4r $62c . $35c (quar.)—_____— 3-22 .7c 7 15c Co. 3-15 50c ... 3- 62 %c 1 1 1 Co.— 4- 4- 4- 95c 6% (quar.)^- (quar..) Works (James) Stock Gas 4-15 40c $$1.19 (quar.)-— Taunton 5c C 7 1 Brown-Durrell ; 3-15 , 33- $3.80 preferred (quar.)________— Brooklyn Borough Gas, common (quar.)__— < 6-15 4- 1 X ——__ Brockton 3-15 5- 4- ,4- 1st 5% v 5-15 6- • - 7 $53c (quar.)__ com. 43a% 3-18 ,4-1 t, 3- 1 $50c <quar.)____ Telephone, 4-29 4- $$1 / ——/— Power Ltd. Columbia 5-21 $$1.12% preferred (quar.) tS1.50 preferred (quar.) $$1.09 3 a preferred (quar.), 4%% preferred (quar.)— $$1.18:14 r___„—__ $$1.50 6% 2nd preferred (quar.) _— 1c Brockway Glass, common (quar.— 3-20 1 -_:/ " 4%% 3-14 4- . _ 4- (duar.)_—. 1 preferred Bausch (quar.) ' 4- 1 4% ordinary —_ British Columbia L -r 7- > (resumed)— Lomb three Ltd.— Electric 4% preferred (quar.t——_—_______ 4%% preferred (quar.) : 4%% preferred (quar.)2— 4% % preferred (quar.) _____T—— 3-25 .. 4-15 v 45c (N. Corp., Innes, Mfg. Iron each for par) 25c (quar.) Co. preferred & Bates Bath , 4- 1 ■ 1 $55c 3-18 4- 4- shares- held) $1.90 Basic, Inc., common fquar.)„ 534% -preferred (quar.) ' 3-22 4- 3-20 $1- ™1. Ltd. American British Columbia ■ (quar.)__ dividend Bros. * 35c. 8 1 3-19 4- ~$15c " (quar.) Bastian-Blesslng 11-30 25c 3- 1 4- Assurance 3-10 $15C . . (s-a) Steel Stock 8 (quar.) /. • (quar.)_ (quar.), Ccrp. Oil Co. Barker , $1.50 British-American 1 9T3icA .. ^ (quar.) York Trust Barium 5 25c (quar.) 12 Vac quar.) RR., Commercial Oil jBareco 3-14 3- 3-8 4- Registered and Bearer (stock dividend)-— (One/additional Ordinary/ share fe<10 10c class A (quar.) preferred Barber 1 12-24 (quar.r/— .VBristol-Myers- Co., • " New Bankers (quar.) Corp. of 4- Corp. _ B C Ohio preferred 3-15 common Products Indemnity Bank Theatres • Home & preferred 4-15 *4" 1 12-27 2 7%c Brunswick-Ealke-Collender Corp. (quat.)_ Hydro-Electric Co., preferred (quar.) 4(4 % dividend Hardware 7% 4-19 4334c t)-24 $$0,853 Interim *4- $25c Bancohlo 4- 45c common (increased preferred 4% preferred 1 9 V$i • . 4% 4- 1 3-27 i' ft- 25c .... 3-25 87 %c 9-27 Electric—- 5 4-20 6-25 (quar.)___ 3-19 <4-18 $i : (quar.) 4- 4-20 6-28 1 . 3- ■ (quar.) preferred (quar.)— 25c 3-19 4- 4- (quar.)—— 1 pfd. (quar.)„* '■$17(4c Common 45c ; . • . (quar.) preferred 4(4% I 1 — 4% $1.25 / .25c i- (quar.)— (quar.)— 6% preferred 3-20 25c 55* < 20c,^. ,,^.4-10 4-15 3-11 (quar.) 1 5 " $1.25-- 2-ir ' " Inc. & preferred . 3-11 (quar.)_ Hard Rubber, American 4% Baltimore 1 com. 3-21 1 4- (quar.)__ Lig.it & Power Co., Traction Mfg. 'Co. 4- . 4- & Sons ,4- : 65c l__ — (quar.) conv. 1 1 4-10 $62('2c 3-22 "'inc 4-30 5- ! •/Bridgeport Hydraulic Co. Brillo 1 $1.25 (initial)—/—— preferred 6% 5- $1.25 ' 30e preierred 4- 7 (4% ' 4- 25c Felt, 4(4 % ' 1 par stock.-, Products & American (s-a) 3-16 1 (quar.) $6 preferred American 3-13 1 3-15 25c Casualty Forest Hair preferred 4- _ American American (Stock 1 4- %c Brazilian 4-10 ' 4ac * ' 1 1 $1.25 —:— 1 >-i5c; (quat.)_. preferred 6% 4- ~ Unexchanged old $100 Araetipan 4- 87 ' 4- 5- 25c 5-15 • (quar.) Co., Baltimore Gas 4- (quar.i 6% Piano 6% 3-11 3-22 75c Can, 7% preferred (quar.) preferred series D (quar.) Express Co.— Co., 1 1 30c American Felt 4- 7%c . • (final " Inc. 45c American American 3-25 " 4- 6-12 "■ '4-1 , •32J4c (quar.) preferred preferred (quar".) pfd. Broadcasting-Paramount ($10 par common) 4-20 6% (increased). (quar.) preferred (quar.) 3%% Baldwin 1 3-29 1 _ Common 5% Baker Industries. 4(4 % $1.75 com. Ltd. (quar.) common 3-15 50c J.) shillings (quar,)——— Hardwafe Stores, inc.^ 3- 1 1 4-15 $1.06 (quar. 6-s 1 4- J15c^i Co. & '4-1 4-12 7- 70c v - (quar.)_:—__________ $5 preferred (quar.) preferred (E. ■ L—— 4-15 J . $18c shares $1.25 (quar.)_ (quar.) Board Welt Paint Brothers, 3-28 30c conv. (quar.) Arma Baker 18%c Alloys Corp., 6% American Bank Note Co., 6% preferred (quar.): American Badger 35c (quar.) $7 preferred (quar.) Co. 8 8 4- . (quar.) American Book Backstay 33- 93 %c preferred, American 3-11 1 1 Wilcox Common (quar.) Aggregates. 5% pfd. American Air & 1 18%c Petroleum American Babcock 4 4- 3-11. North America Ltd.— ox Co., 3-12 4-15 $16j/4C V (quar.) 4- 50c (quar.) Aluminum Goods Mfg. (quar.) Amalgamated Sugar (quar.) Amerada Corp. 4- 75c pld. I. 5c (quar.) conv. 3-11 M. $2 Corp 5%% New 1 25c 1 ' —_ 1 1 .4- lid Co. 1 70c Allison Steel Mfg. Co., 75c Aluminum Co. of America $3.75 preferred (quar.) ". 4-10 30c 6quar.% Corp. 4-19 4-19 1 87 »/a c (quar.)— preferred- Bowl-Mor 3-15 505 $$1.50 — dlv.) (quar.)— 4- (quar.) ' • 3-15 5-15 • 60c. K cash 4- (quar.) (increased quar.) Paper Corp.—, Stores, common Allied 8% Corp. 4- Electric & Equipment Allied Laboratories Finance $1.50 4- Vic. '" 25c 56 (4c ' 3-20 30c 5$ *,3-15 ••'4- 8%c :. Avon Products, Inc., 4% .preferred <quar.) Axe-Houghton Fund "B" (from income)-— 3-15 1 $1.75 Bowater 3-15 5- (quar,) Co. i 87 %c (quar.)______/_ (quar.)_______ RR., 1 60c r (Increasedi 6 4- Maine *-$5 preferred - 1 4- 25c . •/ (quar.)—.*—Automatic Canteen Co. cf America— 3-15 4- $1.06% 4- 3-22 4- 25c* ' 7 quar.)— , 25c _ 3- 8 t " $1.25 Insurance & 4- 3-29 . 5-, 11. (quar.) common preferred (quar.) 4- " $1.08.' A (s-a) (Equivalent to 3-15 (quar.) (quar.) Alleghany Corp., Allen Auto-Soler (quar.) preferred (quar.) 4(4% 3-15 1 4.25% 3-15 1 : 5- . $1 ■ Co., preferred preferred August Thyssen-Huette— '■ 1 * 4- ^ $1.18 Electric-^ Ltd.' (quar.)„ Plan Corp., 7%. Thrift Auto 4- $1.16 >4 . 12 %c . common Alden's Inc.-,/common Atlas 3-12 4- "... class A Edison 4- 4-10 25c preferred (quar.) Bostitch, Inc., 6-17 6-29 20c (quar. .common $5 4-15 $2 preferred .Atlas Steel, 3-20 $1.05 Fisheries, preferred — 6-21 (quar.) 3-29 $1.15 3-15 * <3-22 >: -• (initial Wholesalers, Ltd., class A 1 1 3-15 1 4-10 1 1 (quar.) (quar.)„ Electric B 1 12 %c class A (quar.) (quar.) Products, 3-15 4- 1 Boston Herald-Traveler 1 /(quar.-_1_ Investment 4-10 50c 5- c $0.0125 4- (3-a)____ 44- Boston 7- (initial quar.) corn, Fund—Trust 4- 5c Co., 4.20% Paper Mfg., (quar.) B B Sewing Centers, Quarterly 3-21 1 3-13 Electric— & 5-10 4- _i .»•- (quar.)— Atlas 8 4- , 3-18 Valley Gas 3-30 r 1 -» $1.31 J/4 —— pfd, 4.72% Electric Industries, 834c preferred Albemarle 8 4-22 1 1 (qua'r.)—Tr--—__ (quar.)—' Borg-Warner Corp., common (quar.) 3(2% preferred (quar.))____—, 3-15 *4-20 . $30c • 7%c (quar.) ___ pfd. (quar.) (quar.) Alabama & Vioksburg Ry. (s-ai Alan Wood Steel Co., 5% preferred (quar.)_ 4.60% (quar.)—— . Inc. 3-25 5 4- Brach (quar.)— A 5(4% 3-22 4- 4- 25c 4- 4% ' Atlantic 60c 3-13 25c Booth 3-25 . 1 $1.31 (4 Co. (quar.I__1————— Greyhound Corp., 4%' pfd. (quar.)_ Refining Co., $3.75 pfd. B (quar.) Atlantic 3-15 65c 3-18 4-15 Co. (quar.t __——_____ Co.—________— Eook-of-the-Month Club > Power Hegeman Ltd.— Class inc.) Agricultural 3-15 4- 6UC 8 6-26 '4-12 -4-15 " Atlantic 4-12 : ■ 6 'A- 5 •*"' (quar.)_____ City 4-15 (quar.)__ (quar.) 3- 0-15 $15c — City Sew'erage (quar.)—. 1 1 1- 4-1 V 30c A — : Atlantic 1 $1 8 ;: 3-25 4- -$70c Participating 9 ; 5- 6% 4-15 $25c —___—— 25C Boston Associated Motion Pictures Industries (quar.) Associated Tbleplione & Telegraph Co. ' $4 participating class A (qtiar. (Hartiora)— (Hartford) Insurance 3- 1 3-21 4-10 $10c (qaar.)__2i—/• common 3-21 1 4-20 preferred (quav.) / $1.06% $1.40 preferred (quar.) Ridge insurance Co. (Shelby, N. C.)— 25c Quarterly Bohack (H. C.) Co., 5%% prior pfd. iquar.) $1.37% Bond Stores, Inc. (inereased 31 (ic qUar.)____/—_ 3-11 1 6-" —— Associates 3-10 1 > ' Special 5- dividend),— Surety 6 4- 4- ? - $50c » B 50c __ Aetna Aetna Class 27 %c (quar.) (stock 3- 4- ,$56 (4 Atlantic Addressograph-Multigraph Corp. (quar.) Aero 1 4-1 c $30c Acme Precision Products, Inc.— $1.10 convertible preferred (quar. Adaras-Millis 4- 7c ______ 1 4- $1.25 * Son,- Inc.__--__/_-__%—' .Boston (J.,H.) Hardware Co., Ltd.— (quar.)_ A Associated 6 $1 class 4- 20c — 4.25% v „ series) preferred preference Associated Payable of Ree. 45c & Preference . Aberdeen 5 3- : 1 V' $1 Corp., common (quar. t—_ preferred (quar.)— —_i Class ■ Name of Company /.bbott Ltd., $5 . (1955 Aluminum, Temple, 6% »' preceding table. When 3-21- • Altex Ashdown being given in the Per 2-19 1 " The list does not include divi¬ week, 1 4- • Blue 3-U 4-26 45c Equipment Ash previou* . weeks and not yet paid. . (1955 convertible 4(4% dends Mfg. 3%% : preferred Arrow-Hart give tfte dividends announced In we 4- •?,7- 30c — Armstrong Rubber, elass A (quar. >_ /•Class B (quar.)—_—_— 5-1 5- $5G%c (quar.) -{ $2.25 common—i_——i seriesr (quar.)*. 4 preferred 4.32% 35c preferred 2-15 4- 35c " (quar. )quar.) Blackstone 3-11 - 4-10 $1.50 Ltd., Co., Arkansas Power & Light, . Below 1\ \ - 2 : Arkansas-Missouri 7-19 50c (auar.) preferred preferred $5.25 6-20 25c ; Chemical $5.25 • 5-20 25c — 1 , 5.60% 7, Ltd.— — 3-28 — 4%% 4* -1————-~— — 20c $1.50 u—- Ltd., 2 15c 4 (quar.) Mills Paper iquaf.) preferred-(monthly) /_-- Co. 1 4- ' Machine Bird Anglo-Newloundland Development Ltd.— 3-15 - (quar.%^ Water Co. Saco Hats, A .Bird & 3-9 - 4- — — 1 2 22 (4 c- $2.80 preferred (quar. )_._—„——____— Anglo-Canadian Telephone— f " " • - 3- $1.75 (quar.)——————— _____—_— (quar.)-— Binks 7 - preferred & iquar.i , 3 4-19 1 4- $1.25 3- ■ 4- ...... (quar.)-.—' ft : $2.25 com. Corp.— Pulp 4(4% Wyatt Metal & Boiler Works./- tellers, Electric convertible Angle-Canadian Common 75c Class ■3-7 - .•4- Amoskeag Co., 4- $1.43:% — _____________________ York Coimty Gas ;> 62 (4 c 6% pfd. (quar.)__—_ $4.50 preferred <sa)_—.— Electronics (Increased)———— " 4-19 1 4-12 Electric Co., ______ 1 $1.50 (quar. Tobacco Co., 8 4-30 3-15 4- $1. <5 • : (quar.) Inc. & Biltmore * (Indianapolis)—.. («-a) Telephone & Telegraph 5- $12 %c _____ ■_ — Monthly Monthly Monthly. States Sugar Refining, common Anderson common jr. 1 4- Co. Biddeford 12-10 4-1 4- $1.50 i—_ (quar.) Insul'. Co. preferred 5- Ry.— (quar.) County preferred 5c B—.— class . Co., (Wm.) Extra 8% Chocolate Co.—- preferred 60c ... — $5 'preferred (accum.) ______ Wood. Alexander, 6% -preierred (quar.■)■_/•_ 6% 12-20 American $2 prior preference (quar.)__ $3 preferred (quar.) Whiting "Corp. Woolnon $1.25 Co,, con), 3-25 3-20 : ' a (quar.) —_—_ Machine Corp.— Wllbur-Suc'nard 9-10 preferred (quar.)—_7_~_7_i// American Surety Co. of New York (quar.) lien Sewing Snuff Mfg. Bick ford's 6-10 9-20 7% ________ (quar.) prior 6-20 - Erie Lake Common $1,25 American on 6-14/ •-$1.25 50c 4-22 • ilOc Wheeling & non-cumulative ,: . ? I " . (quar.)_:— (quar.) (quar.)— (quar.)-—,———i. 5 4-15 15c ' Bibb preierred preferred non-cumulative non-cumulative 1 4- 75c " '3-15 1 3-29 5- 50c (s-a)— Cement & 12-10 - preferred 5% 25c Corp. __ —— Kentucky Coal (quar.) Paper 7- 5% five-for-one basis. Westminister ;4- 20c American __ common Welbilt West 20c Equipment, common—- preferred Limestone preferred 4%, (quar.)—• Bethlehem Steel, 7% preferred (quur.)' 4-1 Photo convertible $1.50 •. 12-30 American tlie split to 9-10 4 $2 5 Stockholders will vote at the annual meet¬ ing to be held on April 2 on a directors' proposal Bessemer 9-27 Common & Co.— (Raphael) 6-10 3c 'a 3-29 y 3-29 ' • 3-15 5-' 1 4-15 3-20 ____——- American __ 6-28 American 4-25 5-10 13c preierred (quar.) — Washington Natural Gas (stock dividend)— Watsdn Bros. Transportation Co.— tquar.) . (quar.)__—22 (ic 4-15 _____ 5% —;—— Insurance Life common 3c 3C v- (quar.) Gas, 20C American President Lines— 7-1^ 4-15" • $1.06(4 S4.25 Weill 5- 50c Gas Light, common <quar.)___ convertible preferred (quar.) Wasnington 1 preferred 7 (Galveston, Insurance 50c 3-29 4-15 7% - Berkshire $15c $17V2c 20c - —r_ preferred (quar.)-.,—i.—$1.25 Bessemer & Lake Erie RR.—- Optical, (quar.)— 5 3 4- $1.25 tquar.) 44- 1 5 (resumed) com. 4-15 5% American 1 4-15 4-22 50c ;—-~ Corp. 7 80c 2% dividend) (stock ' 1 Co.—- Quarterly 1 j Belding-Cortlcelli, Ltd., Beneficial Standard 5- ec income). Quarterly.' 1 4- < quar.i Industries Warren 4- 4-13 62y2c '•;( quar. 5%- preferred Walworth Ward 4-15 2 */2 C 4- 4- V 17 (4C (quar.|_—__ Investment net Quarterly Walker 5-21 3-15 "4-1 Ltd., 5% preferred (quar.;_ $25c 'Bell Telephone Co, ol Canada (quar.)$o0c Belgium Stores, Fund— from 'i' Corp. of America (quar.)___ & Massachusetts RR. <s-a) Vanadium Vermont preferred (quar.)—— 40c $$1.50 A B Stock preferred 4(4% class Products 3-19 1 Ltd.— Co., 6%. class 50c Universal 4- $1.25 peelerr«£~-«-<!ditr.) 5 Co 4 (quar.)—______— American Metal Co., Ltd.— i— . 3- 1 ' com. (quar.)__— Liu., ciass c ??c , — (qi.i - 4- 1 $1.06 % (quar.)-. 4- 1 $25c 4- 1* * 3-15 3-15 . Volume .Number 5625 185 The Commercial and Financial Chronicle ... ' . When Per Name of Company, / Boldert "Canada Foils;,"Ltd,, 6Qc partic. class A (quar.) -; -, 115c 5-15 < ^-Pai^icjpating —.-"A- - ,443c/ -5+15 Common ' iquar.) A_ A;_A--—'',.:.flOc" « ' 5.-15' *■, t Extra S: — $20c 5-15 Canada iron *ounui*io«>, xuu, v A- -43'i^c , 1 Name of Company 4-26 4-26 : — $$1.06% Canada Life Assurance Co. (.Toronto* (quar.) preierred (quar.)___ Canada )S-aA-_-A___A Class B "' Extra Canada —A ——A ; Permanent .1 "41.25 4- Columbia $3lV4&„ 4-1 $37 %c 55- 1 4- 1 $$1.25,. - 3 3-29 Canadian 4-1 3-15 , 4- 3r29 3-15 4- 2 2 2 4- . " (quar. t ——1—--- 1____A___ $5' preferred Carriers Case 1 Tr/o 6%% Co., preferred Caspers Tin (initial)— preferred (quar. )_I_A ;——. Co.'"(quar;)______A$_A- Celanese Corp. ot Arneriu^—, 5'/o preferred Cenco Corporation Aguirre Sugai ——- 4.75% Central Illinois Common (quar.)A^-A Electric preferred series A preferred series B preferred series C — $1.02% $1.18% $1.20 Central Indiana Gas (quar.)—-A.——-— " ; preferred. preferred (quar.) preferred convertible A——: '• (quar.)——— preferred (quar.) A preferred (quar.*—A Central Vermont Public Service—A 6% preferred (quar.) 4.75% prelerred (quar.) L—A : — Common convertible v., - 1 6% preferred (ouar.) Champion Paper,& Hbre-f- (quar.) 75c $4.50'preferred (quar.)_A___r___A Chapman Valve Mfg. (quar.) (From net investment 50c (quar.) . ..>/ "... ' (quar.)A* Chicago, Milwaukee, St., Paul 5% preferred Common ♦ A_A_ (quar.) -_A_A— preferred (quar.) Pneumatic Christiana Securities, Cincinnati 4% Gas & preferred Cincinnati & 7% com. (quar.)!. Suburban 4-16 3-27 Cleveland Builders Supply $4.50 Club preferred Aluminum (quar.)__„ (quar.) .Clinton Trust Co. (*f. Y.r (quar.) Cluett, Peabody & #o.—■ 4% 2nd preierred Class A Coleman Engineering, Colgate-Palnolive Co., $3.50 "referred 11-8 5% preferred Colorado (1956 series) Power , & (monthly)-, Monthly . 1 8- 1 11- I 3-28 4-15 3-28 " IOC 3-29 ^ $5C 3-25 4-10 3-31 1 3-20 44- 1 3-10 ioc 6- 1 4-15 5-1 4-15 5-15 4-1 ' 10e 3-20 1* * * " '• 8-13 ' 8-31 4-1 3-20 1 3-15 $1.12% A . 4- ,4-1 30c 4-1 3-15 Special. ——— 23c preferred (quar.) _______ $1 FamHy Finance Corp., common <quar.).___ 37Vic 4% % preference A (quar.)__—56)40 5% preferred B (quar.i 62%c Farmers & Traders Life Insurance Co. 4-1 4-1 4-1 4-1 4- 1 3-15^ 3-15 3-12 4- t 4- 1 6-10 6-10 4-16 4-15 3-15 3-15 5~31 5-31 3-31 3-2B 6-15 4-30 4-10 _______ Corp., $5 1 3- 1 50c 6-28 6- (quar.)—____ 50c 9-27 9- 50c 12-27 12- —A— (s-a)-A — Co., $5 preferred (quar.) preferred (quar.) River Mills, $1 5- 1 5- 1 —_—— 4-10 4-15 4-10 3-15 Faultless 1 3-15 Federal Insurance Co. 4- 5 A Beers 4- 1 1 - 3- 5 5- 3 3-22 3-18 Delnite Mines, 4- 3-18 Deliver 1 Ltd! 1 3-15 4- 1 3- 87%c 4- 1 3-15 4- 1 3-15 35c (s-a)_: (quar.i_ 4-25 4-10 4-25 4 4-10 Mines— registered ) (final) 5s 6%d 5- 2 4- 1 3-15 1 3-14 Denver Union Stock 1 3-14 Detroit & Edison Canada Yard Tunnel 1 3-29 Finance 3 3-13 Extra 4- 1 3- 4- 1 3-14 52C 5- 1 iquar.) 50c 4- 3-21 _____ class A pre! (quar.) (quar.); 4-15 3-20 $37Vic 5- 1 4-12 5c 4- 1 3-15 4-20 Dixie Aluminum, common., 36c preferred (quar. Dixie Cup Co., He 4- l 3-15 iic 5- i 4-15 Dodge & 5% preferred iquar.) Cox Fund—Beneficial shares Beneficial shares Bros., St Class B 4-15 4- 5 4-15 4- 5 Florida 4-10 3- 8 9-13 Bank pfd. dividend on 5c 6-14. City $5 4%% Fluor (qucr.) of N. Y. (quar.) (quar.) (Pa.)— com. and class B____ 4- 1 4- 1 5-1 ,3"-V 3-15 (stock Corp., Public Utilitiis, preferred Corp., Ltd. (stock dividend) dividendi 5% prior pfd. (quar.)__ common (quar.) (quar.) Flying Tiger Line, 5% 3-15 -5-1 4-ia 4-12 45c 4-15 3-29 4-20 5- 1 4- 1 4- 5 4- 5 3-21 70c $1.25 preferred a <s-a)— 6-30 6-10 12%c preferred (quar.) 9c 6-20 4- 1 ^ ^ Rubber Co. Fitzsimmons Stores, class A 62 Vic 9-20 & Pertcr, Co. Flagg-Utica 25c 4-1 4-1V 4-1j f5c 1 Tire Stock 5% ?5c 3-26 4-15 4-30 4-30 7%c 56%c (quar.)__ common preferred National Fischer 6-13 3-20 First Fisher 4- 6-29 3 Corp., 12-15 5-15 (quar.)_ 4- General 62 %c 9 4-5 $1 — Firestone 6 * 3-12 3-12 20c 30c ——.— iquar.) 6-5 4-19 Detroit 5-1 : 3-22 12- 3-18 X-ll 3-lX " 1 1 8-9 11- 8 4-1 3-15 3-18 $1 $1 $1 6-15 Disher Steel Construction Co.— Theatres 40c 30c (quar.)___ A Iquar.) —_ Fireman's Fund Insurance (San Fran.)— $2.25 $1 3-15 District Pennsylvania of Co. Financial 2F.C 4-18 1 (N. Y.) Products— 4% preferred iquar.) Fidelity & Deposit Co. of Md. (quar.) Fidelity & Deposit iMd.) (quar.) Filing Equipment Bureau, Inc.— 4% partic preferred (quar.) 4-22 6- , 5-10 Fibreboard Paper (quar.) 4-1 $1.50 conv. 2834c preferred (quar.)__— Department Stores <quar.i 4.60% Quarterly 5-15 Co. - 62 %C preferred (,s-a) $2.50 to $3.50 1st preferred (s-a) 4- _____ (quar.) Federation Bank & Trust 5c (s-a) A: 4- (quar.)—___— - 37 %c !_ 1st $3.50 Extra Federal 4- 25c Tramway Corp.---"' to 25c 20c ___A 10c National Mortgage Assn. (monthly). 17c Paper Board, common »juar.50c 7 Vic De Laval Steam Turbine (quar.)_, Decker Mfg. Co. (quar.) Deere & Co., common fquar.)_, 4-1 4- 50c (reduced) $1.50 $1 common (quar.i Consolidated 3-18 ^3 —'i - Rubber Federated preferred (quar.) Dayton Rubber Co.', common Class 1 $1.25 ! 8% De Quarterly Federal 4- (increased)-—— common 1 . 5%_ preferred „ Foods, 4% 1 Dayton Malleable Iron Co. 4-15 — ________ 5- 4-15 (quar.) (quar.) dividend 4- 25C pfd. Ex-Cell-O-Corp. 4- 933/4C $1.25 12Vic I20c 30c 25c 50c _________ (quar.—__ common 25c Da vega $1.25 $1.25 ______ (quar.) 20c (quar.) -A '5r% (quar.) Dayton &r Michigan RR., Inc., $1.12 common preferred (quar.)_ 20c • 4-10 $1.06 ^ preferred Stock 6 <quar.)__ 5c lc A'. preferred (quar.)_ Fairmont (quar.) A_: ___ Mfg. 5% 6 (quar.)_; iquar.) $5 Ero 7 — 110c 50c $1 ______— — common * - (quar.) . ______—__________——100% (quar.) Extra Erie RR. " ' 3-13 3-15 3-16 A ;Equity Oil Co. 6-1 9-15 10c 6-15 ' 3-20 " 6-14 2 r 9-2.7 3-2E 4-17 4- 8 4-30 4-1 4- l 4- 1 6- 1 9- 1 12- 1 4-15 4-15 4-1 4- 1 4- 1 4- 1 4% preferred (quar.)—________ Equitable Credit Corp.— 20c participating preferred (quar:)______ $1.75' 3-30 4- 1 5-15 4-1 6-14 Class 3-15 3*145 3-20 3-18 3-18 4-10 3-15 3*15 4-15 3-30 Endicott-Johnson 2 5-15 5-15 5-15 3-21 3-20 3-11 3-11 15c — 6-1 6-1 6-1 4-1 4-1 4-1 4-1 4- 1 5-1 4-30 1 1 4- 5-15 5-15 5-16 4- 1 44- 6-29 3-15 - 6-1 6- 1 preferred (quar.I —$1.75 Mfgv Co. (quar.) — —35c Empire Trust Cov (N. Y.) (quar.)—__a__A 75c Employers Group Associates (quar.)— 00c Enamel & Heating Products, Ltd.— 45c 4-1 3-25 > 4- 1 ' 6- 1 7% 3-20 4-5 * 32%c $1.02Vi 6 $1.03% $1.34 __ Elmhart 4-15 I50c $1.75 Light Co.; $4 pfd. preferred 4- 5c • preferred (quar.)_ ___________ preferred (quar.) ________ 5Vi% preferred (quar.) $1.37% 560% preferred (quar.). $1.37% 5.65% preferred (quar.—______ $1.41% Elder Mfg. (quar.)— ______ 25c Electric Auto-Lite (quar.) —50c .Electrical Pi'oducts (quar,)__^___ 20c Elliott Co., 5% preferred (quar.)__;a_a___ 62%c 3;% 2nd preferred (quar.) 62%c Elmira & Wllliamsport RR. (s-a;—________ $1.19 Emerson'Electric Manufacturing, com. (quar.) 35c 3r21 5- 4-15 40c - 3-15 4- $1.25 J 1 8-15 $2 3-20 1 50c ' - 5.36% 3-21 5-16 25c 1 15c (quar.)l 4- $1.75 4-1 4- 5-17 2-28 2c28 2-28 (quar.)—-— t25e 5-15 3-22" 3-12 3-20 4- 1" 4-1 4- 1 4lA% 3-15 -11-15 12%c 75c - 3-15 1 $4 (quar. j 87'/2C Products Central Power $7.40 pfd. iquar.)-—_ 4- 10c *A—I .common pfd. A (quar.)__ Stores Corp.. of N. Y.— preferred (quar.n______, Davidson-Boutell CO., 6% conv pfd. (quar.) 1 2 3-21 , $1 " ' elass A $4.24 $2.50 (quar.) ■' 10c Dana Corp., 3%% 4-26 4-22 4-1 4- 5 $1.67 (initial quar.)-. preferred 4- 5% 4- 15c (quar.) 4- 1 4-15 15c 150C Z Extra Dan 6 Colonial Finance—* Color-Craft 4.10% 1 si conv. New common 4^i El Paso Natural Gas— 3-22 1 4%% 6- 10c (ouar.) Collins Radio Co., 4% 3-15 3-15 3- Deferred shrs. (bearer and Corp common 3-30 3- Dallas 4- 3-11 3- 7 4- & • „ 1 ., (Cihclnnati)— * common 4-16 4- 60c 4-1 (quar.)___—$1.03 (quar.)$1.12Vi (quar.)______ _______ $1.18 1 62c (quar.! International Co. preferred -preferred preferred 4- hon-cumulative class 3-20 Co. Coca-Cola Paso'Electric El * A— non-cumulative, class* A 1 (quar.) (Coca-Cola $4.50 87 %c (quar.) preferred, (quar.)— $2 12- $1 $4.12 3-15 4- . 7- $1.75 2 4-2 $1 prior CuVtis-Wrig.ht Corp.-- 3-18 i 4- 4-15 15c A—a—A Extra ^ Dejay Stores «quar.)__ Bottling Corp. 4- 4-25 Eversharp, 3-25 4- 7%c 4-5 4- 0 3- 7 > participating preferred (quar.)_ (reduced) 1 4-5 $1.37Vi 7Vic 4-26 Eddy Paper Corp. 5 non-cumulative 1 7% preferred (quar.) Coca-Cola 1 4%% , ;■ 3-15 5 ' , 3-15 3- $2 11-27 4-26 —— 4- 3-25 9- f5c ___ - . : 1 4- 4- A 3-29 1 (quar.) (quar.)____ Stores 1 3-29 10- $1.12% Economy Baler Edison Bros. 1 4- 1 9-26 5- t 5- 1 4-1 4- 1 ; 5- 5 25c ___; (quar.)_l___. preferred 62 Vic 5% publishing Co., common (increased) prior preferred (quar.)—A--A—— 4- 6-27 $1.75 $1.50 60c $1.50 — (quar.)___— common 75c , 3-13 : Co., 35c - 4- 12-24 3-15 3"1® 3-6 —__________ Easy Washing Machine Co., Ltd. Extra " J--Z 3-11 $4 .(qqar.j—A— 5-1 4-25 3-3 4- 1 ' ♦- 1 4- 2 * —— preferred (quar.) Co. (quar.) _______ Estabrooks (T. H.) Co., 4.16% . Illuminating Co.A Products Co._-_ Kodak Eastman 3- 12%c Clothing, common;— 4% % preferred (quar.) a. $l_60 - 4- 1 7Vic 25° 37%c (Md.)— (accum.) (accum.) Curtis 3-30 1 l_ $7 preferred A $6 preferred B $4 4- — Cleveland Electric ■ lV $1.12 Telephone <quar.)__ Cincinnati Union Stockyards .City Investing Co., 5Vi% pfd. (quar.) City Title Insurance Co. (N. Y.) (qyar.) >' 6% 4-10 $7 Vic Curlee 7-25 30c $1 8 4- 87 Vic preferred jquar.)/A-A———.— Cumberland; Apartlnerite (qUar.)__ Quarterly.-' Cumberland Gas: Corp. 10-24 $1.75 iquar.) i^A— Eastern States Corp. 8 37 Vic T.% 3-11 50c preferred Electric, 7 4-1 $1.62% $1.12% $1.06Vv 7 6- 5 , 3-18-iv 3-31' ! 6- 4- 183/4C —— - 3-15 20c (quar.) (quar.) preferred 3-30 $1.25 tquarAv, Tool Forster, 8% 3-18; 3-1&: 4-1 4-15 f5c —— (quar.) $2 par) & 3- 7-30 , 25c preferred (quar.) a preferred, *(quar.) a__a__ —-e 4-15 4-1 : 1 7-1 7- 3-15 AAt'. (quar.)__ 6- 3 tl5c 15c 32Vic f$l —. >4- 1 , ^ $1.75 , $1 3-15 EeherDac^ Canada,* Ltd.— & 7-% A 3rl5 $1,25 (quar!)— Molded. Products ;w a'' $1.25 „ $5 preferred Chicago Zellerbaclv Corp. 7% ' 4-15 ) » preferred (quar.)A— Eastern Stainless Steel (quar.)____________ 1 Cuban American Sugar! common.— 1 3-20 37Vic ■— ——A —_——- Chicago , 3-20 3-20 37Vie $5 preferredv (quar.) _ii V 'Crown 37Vic Common $5 Crown 1 - 37Vic ^ 7 (both-no par 25c __-__ $2 — 6- 1 ——„ a!i Crown 'Cork- &' Seal, Ltd. (quar.)—; Crown! Life Insurance Co. (Toronto; RR. Paciiic 1 Common 1 iquar.).-;^ (Boston) Jh (quar.) 1 62Vic (quar.) (quar.) & (quar.) Common Common : 1 3- Crossett Co., class ? .Class B (quar;) 4 . , 7- ' Co. 4- 1 —_ $1.12ya Chesapeake & Ohio Ry.— A " ' A ' 3 Va% preferred (quttr.) 1_ 87Vic Chicago Dock-& Canal*(extra)-r—__4 —A !$5 Chicago Great Western-Ry.,> com.,.) quar J 35c. . 1 3- I 8- — Craftsman Insurance 7-3 10- 6 Eastern Racing Assn.— 3- $4 Craig Bit. Ltd._-__a__—i-_—— Cream of Wheat Corp. (quar.)—Credit Finance, class A (quar.) 4- 8Vic — i— 1 1 4- 4- - 8 A , income)— Chenango & Unadllla Telephone,— 4%% preferred fquar.)^_______ 3- 4- 4-19 4- (quar.) ,,."4- 75c (quar.)75c Chemical Corn Exchange Bank (NY) Chemical Fund, Inc.— 1 4-1 1 5-20 3-15 (quar.)__ common 4-5 7-15 10-15 Co.— preferred (quar.) Bakeries, Ltd. (quar.)—_— Eastern uas & Fuel Associates— 4%% preferred (quar.)—.-- $1.31 % 8 3-1 $1.12%*' '. 4-1 — Corp.. 4-15 > 12VaC Eastern $4.72 8 3-15 f Interurban Water & 5.20% 3-16 Electric— 3- : 3- 1 Louis (interim)—— Fast Tennessee Natural Gas, com. (quar.)— 5 1 (quar.) 6-14 I2V2C East Sullivan Mines, Ltd. 3-15 4- 50c • 6-30/ 12Vic —.— ———— — 1st preferred (entire Issued called on 3 at $105 per share plus this dividend) —A $1.75 3- A 4- 3-15 4-1 $1.12 —— 3-15 4- - 4-25 t$1.30 Quarterly A Beverage Corp.—-——A Stock, dividend _A_ -A———j_A_ 3-15 «•>> - , (quar.)—— — , 7% 3-22 5 • 3- 4 3- 4 3-29 June 4- _______ 3- ' - V 8 9334c (quar.) common 8 1 East St- 5-17 4-1* 12 Vie Cott A 4- 4- 10c (quar.).a 3- 4-. 1 -v 4-15 3- _____ Quarterly, !__AA—,i_ 8 Crum i ! Trartsit 3-20 4- 1, 4- 1 4- 1 4- 1 ,25c 5-15 1 (quar.)_i_______ Cosmopolitan Realty 4-1 56Ac —_ " Charleston 4-18 4- 1 . Quarterly 3- 3-13 - Quarterly a 3-18 4- (s-a) preferred,(quar:)—-', $1 . ' , - Co. 3-18 1 $1.37 »/a preferred series 1945 (quar.)—— ^3*2% • 1 4- 1 Oil 4-12 1 4- 50c '3Vz7o preferred series 1947 (quar.)__ Coi-porate, Investors,, Ltd., class A-— 3- Eason 1 4- 1 4-6 3-15 3-13 « 4- I 4- I 4-15 50c .. — • , . :A (quar.) preferred (Toronto) Corroon & Reynolds * 5- 20c $1.13 $5.25 preferred (quar.)! Corning Glass Works, common , Dynamics Corp. of America— $1 convertible preference (s-a) •1.12% (quar.)___ 3-15 4- " .10c " 7c ^ $2 — Chadbourn Gotham, Inc.— 5% convertible preferred , " A—« (quar.) A-—*—A preferred (quar.) 4Vi% 3-15 4- 1 1 4- 1 *4- 1 ... Century Acceptance Corp., class A (quar.)— 8% 3-15 4». 5 A $1.04 $1.16 $1.18 (quar.) 4.65% ; preferred L_ — 3-15 20c • 4.75% 4.15% Corneli-Dubiller 3-15 87'/aC $1.15 „ $1.15 $1.18% $1.50 (quar.)_.__ 4.60% (quar.) (quar.)^ Refining, preferred (quar.) 3-15 3-22 60c (increased quar.)-— Controls Co/t»f America (quar.) 7% 3-22 1 15c Continental Motors • 1 4- 6- - , 4- >20c , : 6-1 3-12 $1.04 Continental Life Insurance ' 3.50% 4.6% ♦ « 3-12 1 5c (quar.ji 4- 37Vic •— 8 1 4- 4-15 3-2l - 4-25 4-14 4-25 4-l!> 4-1 3- 4 4-1 3-4 4- 1 3- In 4- 13-4 4-1 3-4 .. 4- 25c 4-21 n preferred (quar.)—_— 87%o $4.50 preferred (quar.) — $1.12% iDuquesne Light Co., common (quar.— ouc $2.10 preferred (quar.)_ ———— 52%c V 3.75% preferred (quar.)'—__—— 46%c ,4% —_——50c preferred (quar.)—; 4.10% preferred (quar.) —___ —. 51V4c 4.15% preferred (quar.) 517/»c 4i20% - preferred iquar.)——. 52%c Duquesne Natural Gas, $1.50 pid. (accum.) 37 Vic 5 4- 3-21 3-27 3-13 3-8 4- 1 25c $3.50 3-20 4-15 140C 4- 1 • (guar.)— Central Maine Power— , 3-15 1 4-1 4- 47 V2C - ;— $l.l2,/a —A—$1.16 4-5 1 4- 4 4- 1 4- 1 25c $1.73 _ (Allen B.) Laboratories, Inc.—75% convertible preferred (quar.)——A—_ du Pont (E. I.) de Nemours & Co.— $1.25 4 . preferred (qUar_)^__^.______________ Coritinental Can., $3.75 preferred (quar.)___ Continental Gin Co:, common (quar.) ' 4 %% preferred (qufir.)^-A_______A_^___ 3-11 ' 5- , 30c — 3-7 3-21 Du Mont 65% c iquar.)__ $5.50 * I 5 1 1 (quar.) $1.13 Cooper-Jafrctt,. Ino. 4- 5 4- $1.04 Cooper- (Peter) Corp.,y6Va% pfd. Codsa River Newsprint; (quar.) « 4- $1.12ya 9-11 -. 5 5- 4% Furniture $360 - 3-11 1 4- $1.25 (quar.)_i.,_ 4- 1 4- 1 5- . Co.,,. common" (quar.) preferred (quar.)__ 7% 30C _____ 4- 1 4* 1 4-1 4r 1 5- 16c 12- 7 • > 1 20c 12-20 v * 4-. 1 v Illinois Securities Corp. $1.5o preference % 7 * 3- ■ common Corn Products (quar.) , *> 8 40c $1.02 Va (quar.).^ 4.50% preferred (quar.)—— "",> 4:64%' preferred iquair.) , 6- - ^ 4.80% preferred series D (quar.)__„_,— Central Illinois Xtglit Co.— » Central 3-22 9- 1 6-1 Corp. A— Duke Power a (quar,)____ (quar.) preferred preferred $4.52 6.-21 $1.18% , (quar.) 4.10% $4.50 .! ,. ——* 4.10% 4.75% 5 6-20 $1.12l/2 —_ Gas—A. & AAA (quar.) Co., $4.50 preferred $4.52 preferred $4.16 prefeiTfed - 8 : 9-20 J - ——- ——, Power *.. $4.16 preferred CQUar-'l f. 8 $1.25 $1.25 $1.25 ' . —$1.08% preferred, (quar.)___ (quar,) Consumers Continental Baking, pommon Central Hudson Gas te Electric— 'A',r preferred preferred 3-12 ( . 3 22 4- 10c A— as Acceptance Corp., class A___ 60c-preferred (quar.)_ Consmnbrs Das Co: of Toronto (quar.)____ 3-29 — , 4.35% # 3-20 > 1 above Consolidated Rock rProducts Consolidated Royalty Oil is-a) 4- 1 7- 2 Drexel 55c consumers $25c .$$2.50 3-25 51c : 3-12 *-i5 ,——_IA_^._ Ltdv' Dravo Corp., 5 50c preferred (quar.)AA 3-11 4- (quar.)—1 — ' pref. (quar.)—A________ 3-25 4- (s-a>______.— 90c 4- 8 —____•_*, (increased quar. 5Wo preference <s-a)_—— Central of Georgia Ry. Co.— 5% preferred B (quar.) »A ..5{/e preferred B (quar.)__ 5% preferred B (quar-.)— t4.50% 3-20 4-1 4-30 4-30 4-19 Common ■ 5 3-20 4- Draper 4-5 4-5 51 VsC —u York— x___ of- New Co. •4- >, (quar.) 47 %e —- Consonaated Natural.Gas iquar.) Consolidated Paper Co. (quar. Co&solidateici Paper Cerp.y Ltd. (quar.) - "4- T (quain Central Caxiada. Investments, >' 4- $1.12'/a > (quar.) Central 9 $1.75 60c 25c 10c 3»o 4Vt rU preferred (quar.) AA-i^-J preferred (quar;)__—_A__A——— Corp., common (quar.)—---,*—-— preffcfi'cd (s-a) 5 V'4% ; Celotex •, 7%' $5 preferred <quar. Consolidated Foods Corp.,-common • Dow Chemical 25C ——-— 3-15 1 Dover & Rockaway RR. 5 4-20 6c 3-15 1 Dover Corp., 5% 1 2 Vic ; • - > (quar.)___ 3-15 5- 1 4- -t. 1 4- - • $1.50 ^ 1 '4- 4-20 $1.75 Cprnmon .(increased quar. >_ - 'fJ'TIo Inc., Inc.*. 1 12-15 15c 4- — 12- 9-15 150c 45c Ltd. (quar.) 1st preferred (quar.)__ • 3-23 4-25 5-1 4-30 5- I 4- 1 4-15 4-1 4-.'V 4-15, 4-1 $25c tl2%e I25c " $1.25 $3 30c 40c 50c (quar.) Paper Co., 4-Tl 3-15 4-15 4-1S 4- 1 4-15 . t50c common 3-31 3- i. 3-23 4-15 — Co.,-Ltd., 9- fouc r shown 4- $1.75 17%c Plate series-E: dividend Consolidated Edison 4- 3-29 Consolidated, Dry Goods-— 3-22 4-19 3-22 I50c - i (quar.) 4- ' $1.25 15o $0.9858 , Corp.. (quar.),__A_—— General & (J.-I.) Power com. 3-31 Carnation Co.. 3%% 5- 1 • . J81.37% 3-11 25c (quar.)— common preferred' (quar.) 65c preferred iquar.) _____ 933/4C Carolina, Clinchfield & Ohio Ry. (quar.)—_ $1.25 Carolina. Power St Lignt,. common t: $4.20 preferred ..(quar.) __—, ______ $1.05 convertible $2.60 0 1 4- 3-20 +00 Consolidated Cigar Corp., com. iquar.) preferred (quar.)—A-—-— .3-22 1 Ac 1 pfd. (quar.) A $5 3-i5 4-. 1 Light quarterly, payment. 40c preferred Connohio, 3-12 4-1 Donnacona 4- 50c incorrectly * reported-last week 41 Vic Conrac, 3-12 *. 4-2 $2.06 was. 3.-12 4- . The ! :/C 3-12 4- 1 75c' $1.16 - ,3-13 . (initial)——;_ , 1 4-15 Dominion Steel & Coiftl, Ltd. (quar.) Dominion Tar & Chemical Co., Ltd. 0- 4-12 j ^ 3t29 4r30 , 3-H 6-15 3-25 4-26 (quar.) $1.90. preferred'1-(quar,*A»A-i—1u._v $2 prelen-ed .(quar.) ___i___ ,$2.04 preferred (qqar.,) _, / $2.06 pretenttr serltS E (quar.) $2.201 preferred*' .(quar. )A_ A • HUsky C»il Ltd.,.6%. j?fd.,.tquar.)__ : $75c. ^iacijine,. L*C4ti», c>ass Armaar.r* .42«e; 'Industries!" Ltd., comir.on________ • - $10c i, 7% ',o .preferred - (quar.)%; .___—. . $93 %C Canadian Oil Cos., '4%. pfd. (quar:.) AA—iJ.-:"/ $$1 5% preferred (quar.)___! AAA—$$i.25 5,% redeemable pref. (quar.) $$1.25 v 8% preferred (quar.) ___A_A—— >/'?', " $$2 Canadian Westingiiouse, Ltd.. (quar.).__, .. ..•■$25c" Cannon Slice, common— AA—___— 10c .•' Class -A A—A_____ « 10c 4-1, 4-10 ma- Corp., y 3-15 1 Canadian Iw Canadian 3-29 4-15 - . preferred >(quar.) Connecticut. General Life-Insurance---Connecticut . ' 6% ' 4-15 Dominion^ Glass .4-30 4- 1 6-1 4-30 4-30 4- 1 5- 1 5- 1 , —- )— AA__-_A____-_! (qtiaf,.)_Ai__A_______; 'Extra A7% preferred ./n, 1 3 4- 3-29 3 30C ____ 4- 4-15 Internacionai 4- 28C iquar.) iquar.) -< 3. Inc. - 5-15 4uc ^ Southern" Ohio Eiectnc Engineering Association (Toronto)— ' Quarterly! _i_ ; -,, Quarterly. Quajrterly _--**---,-_-_A-____ /;■ ..Conn' (C. G.') Ltd.,..common (quar.) 4-10 : 3-22 4-15 Holder* Payable of Reo, . , 3-15 Conieaeration. Xife 4rl0 4-15 pfd _____ Capitol Records, Inc., • Commonwealth Water-Co.-,-5 Vi% 2-28 1 4-15 ,i & Edison Co., common preferred ,(quar.)A— 4.64% ; 2-28 1 5-1 Dodge Manufacturing Corp.— $1.56 preferred (iuitlar quar.) AA___!—39c Doeskin Products, common (stock,div.)_—' 10% Dome Mines, Ltd: (quar.) IlTVic Dominguez Oil Fields (monthly —^— 25c Dominion Corset, Ltd. -(qUar.) — $25c Dominion Fabrics, Ltd., common iquar.).—floe 2nd conv. preferred (quar.)— —,_A' +37Vac Dominion Foundries St Steel, Ltd.— , Common (quar.)_ J25C : 4%% preferred (quar.)A; — t$1.12% 3-15 1 4- 25c iquar.) Commonwealth 3-15 1—A v$15c i Participating ———_____—-A.$12c Canadian .Fairbanks-Morse Co.; Ltd.— . - ■_% f 6%. preferred ;,.(quar.) -A$$1.50 Canadian General Electric, -Ltd., (qUarr $$2 Canadian General Xnyestuxent, Ltd. (inc.; __ i.* $30c f Extra A—- ,1__1—______—•.—_—-— t!5c Capitol Products Corp. Syscem Cbihmereial • Trust ;Co. (Jersey City, in < J. 4iuaTterlyx_r__s-i^__! A_A— 1 3- 3-11 * 8 3-29 $1.25 ; . 3-15 4- class A__$183/4c Canadian Canners 'Ltd., 1 4- 31 V'4c 1 Pictures-Corp/'/quar.) Combustion 2-26 1 4- $37l/ac (quar.)_ Bronze Canadian Drawn,;SteeI partic. Gas Columbus 4-15 50c preferred (quar.) _________—_____A__ 5% a- 2-28!' 4- 1 "A->, If ; 2-28 4- 1 $90c $$1.10 — prei. (quar.)—.—AA— Co.. Ltd., conn, iquar.) -conv, Columbia 3-15 4- 1 50c ' Share Name of Company t " 3-20 . (quar.)__ Interstate'Gas, eoialnon (qiuw.) preierred (quar.)__ Coramonwealfn Xiues„-(S-a)—_— Breweries ,Ltd.r. ■com Canadian 3- .. *- 1 $12%c 1 Safe way, Canadian t +5% When Per Holder• Payable of Red. ' Mortgage Corp.— quarter——.*.—_—;A—Ltd., 4.40% pfd (quar.)- Increased Canada Canaaa SteamsniD . ■ tide $12%c / $75c Ltd.,-class A. {&-&)—. Packers, .Extra s. . — coloraao . : * 4-15 $$1.15 „-.4%% , 4-26 4-26 _ Share ' , Colorado-Fuel & Iron! common .. 15 • When Per Payable of Rett. Share , (1523) 2% 4- 1 3-15 4% 4% 4-10 4-10 3-11 3-11 4- 1 4-1 3-15 3-6 3-6 62VaC. lCV4o $r.l83i 3°c 25c 4-1 4-26 6-14 4-11 .5- i! 16 (1524) The Commercial and Financial Chronicle Per When i__ 25c $4 20 preferred (quar.)__—I.——$1.05 Forbes & Wallace, $3 class A (quar.) 75c Stores, Fair (quar.)__ common Holder* Per Payable of Rec. Share Name of Company Food Name 0} 4- 1 4- 1 3-8 3-22 5-20 3-25 Hamilton Cotton Co., 1 3-15 Hamilton Funds Series Hahn Class 4- 4-20 Halifax 3-29 Fram 4-15 4- 4 (quar.) ___.—___—25c Ltd.. 1 4- 1 4'A% 4- 1 4%% 5- 1 4-15 preferred Hancock Oil, 5% +30c 4-29 3-30 Hanover 1 3-15 Hanover Fraser Companies, Ltd. (quar.) Frick Company, 6% preferred (quar.) Friedman (L.) Realty Fuller —; 1 6% -3- 25c 5- 1 4-23 (quar.)—.———————— SI 5-1 4-23 5% —- 30c 3-29 3-12 Harsco — 50c 4- 3-20 class (quar.) A _ (R. E.) 1 Co.— convertible preferred (quar.56'Ac 1 4- Gamewell Co. Gannett 5% Power Co., (quar.). (quar.) preferred (quar.)— 5Vt% 40c 4-15 Oil (stock Shoe Silver, , International (quar.) 4- Bank 50c 4- 1 Fire 50c 4- 1 _____ (N. Y.) (quar.)__i____,T____ Insurance iN. Y.) (quar.)_ preferred 2nd . $1.50 issue 4-30 37%c ; . (quar.)__ - 4- 3- 8 oi 8 Interstate $4.80 4-10 Bex dividend) i 1 Financial Class 3-15 6% 3-15 4- 1 3-20 4.36% 4- 1 3-20 Interstate 1 4- General : 4% Cable 5% 1 3- 1 4- i 3-15 Heidelberg $1.12% 4- 1 3-15 Keinis 3% ■ 15c 4-1 3- Co. (increased quar.) Investment 4- 1 3-15 4- 1 3-15 4- 5 15c 5- 1 4-15 4- 1 3-18 4.c 4- 1 3- 1 3-15 $1 4-1 3-15 2% 4-1 3-8 1 3-d 50c ._ (quar.)____. Coip., (stock com. ($100 5% preferred ($20 par) 6% preferred ($10 div.)__ par) General Electric General $1.25 (quar.) Co. 3-8 4-1 3-8 50c 5-10 3-25 50c (quar.) 4-24 3-15 Electric, General Motors $3.75 4%c % 4- 1 3-26 ,15 Shoe Corp., $3.50 pref. . $1.25 4- 1 3-8 Hincle 5-1 4-8 Holland 5- 4-8 (quar.) preferred Co. of 3-19 5% 4- 1 3-19 (quar.) 4- 37 %c 1 3-12 4-30 Home Horn & 5- 4-1 Horner 4- 1 3- 8 59%c 4-1 3-5 General Telephone Co. of Indiana— $2.50 preferred (quar.) General Telephone Co. (Ky.)— 5% preferred (quar.) 5.20% preferred General $2.40 preferred General 62%c 3-15 62%c 6-1 5-15 $1.30 i___ 1 4-15 3-30 4- A (quar.) t 60c General 37 (Ohio), $1.25 pfd. (quar.) Telephone Co. of the Southwest— preferred (quar.)_-d_ preferred General $1.12% (quar.)_ preferred preferred (quar.) 55c (quar.) 59%c 4.75% Corp, (quar.) (increased quar.) Genuine Parts Genung's, 53 '/ec Inc. Cement Yellowknife Art Glens 17%c Gold Glasscock Insurance (C G) Tidelands convertible Y.) Oil preferred Company (quar.) Goebel Brewing, 60c preferred Gold preferred & Stock Bros., Goodman Mfg. 4% Class Grant 3%% Gray T.) Drug Great Great Great Sugar, 7% Green (H. L.) & Co. Greening <B) Wire 4%% 5% preferred 5% preferred (quar.) 5% preferred 1 preferred Grtesedteck 5% Co., Trust Gulf Insurance Life Stock Co. (N. (quar.) 1 3-11 4-1 3-11 1 3-15 4- 1 3i 5. 4 1 4-1 4-30 4-10 preferred (quar.) Gulf 8tates $4.50 Gypsum, Land prior 4.64% preferred 4.80% 3.15 4% t25c 9-16 8-24 12-16 11-25 4-15 3-25 50c 4-1 3-7 4-1 3-7 4. 3 _15 4_15 j Industries— preferred (quar.) Light, 4-2 3-8 4 3 2 8 75 4_ 2 3" 50c 5- 1 4_i6 25c 5- 1 4-ifi l n~9i 4. 1 3I15 4_ -i o 4- 1 3I95 25r 4- 1 t'"'a 25c $1.06'A 4- 4-1 4. \ 8 3_ g preferred B (quar.) preferred A (quar.)_ Industrial Development Common 6% Gas Co., Natural pief. Institutional vestment profits) Institutional vestment from Insurance Interlake 315 Interior 50c 4-15 t 6-10 5-20 g_ 8_19 l Co. $1.16 4- 9 1 3-15 $1.12% 4- 1 3-18 A International 6% of pref 6_ 3 5_ 1 5% preferred 1 3-15 Kayser (Julius) 5- 1 4-18 Kearney 6-29 6-18 9-30 9-18 12-30 12-18 4-12 3-19 10c Kendall Holdings, Metal Co., $1.25 Class A (quar.) 1 Kentucky 6 Kerr-McGee 4- 1 3-15 3-15 4- 1 4- 1 3-22 4- 1 3-11 4- 1 3-11 $1.14 12%c 4- 1 3-11 4-20 4-10 4- Kerr 3-15 4-15 3-20 1 4-15 4- 4- 1 3-18 4- 1 3-18 4- 1 1 1 3 3 1 Kldde 1 1 Bund Preferred B Koppers 4% 3-15 3-15 32%c 4-1 3-8 $1.C6'A 4-1 3-8 4-1 3-8 1 3-8 $1.25 ——— 4- 2% 4-29 20c 4-15 4- 87%c 4- 1 3-15 60c 4- 1 3-15 4- 1 4- _______ (quar.)— $1.12% (quar.) Inc., 1 3-15 1 3-21 22%c 4-20 4-10 4-15 3-31 45c — —— 25c 4-15 4- 20c 4-1 28%c 4-1 3-8 ,3-8 com. 6c 4-15 6c • . scries • . 6- • 4 4 3-12 • - s B-2— 51c 3-31 4- 1 3-21 4-1 3-8 , 3-31 - income (quar.)_ 4-15 25c 45c —- S-3— series 4-15 19c- Income Fund . 5- 1 4- 8 4-4 , 5-15 6-15 30c (quar.)___ ______ 62%c 20c 4-15 4-2 3-8 25c — 4-1 3-5 3-21 3-21 3-29 (2%c 4- $0.2083 preferred A 4- 1 o2v2c 4- 1 3-21 62%c 4- (quar.) (quar.) Co., 4-10 31'Ac — (quar.) preferred Kroger 7% Co, - (quar.) 1 1 3-11 4-1 3-11 SI.50 4- 1 3-15 SI.75 5- 1 4-15 18c common (quar.) 6% preferred La Consolidada Salle 4- 5 3-28 15c 15c 7-10 6-27 10-10 1-10-58 4- 1 9-27 12-27 $1 — preferred (quar.) (quar.) S.A. Extension Quarterly (quar.) University (inc. quar.)— ; Quarterly Quarterly Labatt 4- 1 3- 1 Lake 15c 15c Led. (John), Laclede Gas Co., Superior 5- 1 4- $30c 20c (quar.)__ (quar.)— common Ishpeming & Lakeside 1 Laboratories RR. Co. 4-10 4- 1 35c 4-15 20c (quar.) 4- 3-27 3-15 3-15 4- 1 (Alfred), Inc.— Partic. 4-15 3-15 Class 62%c 4-15 3-29 class A Partic. 50c 4- 1 3-15 4- 1 3-18 5- Class 1 4-12 4-15 3-19 4-15 3-19 B 4-15 3-15 4-23 3-22 class Ltd.— $1.20 4- 1 4- 1 3-15 $$1.12% 4- 1 3-15 lquar.)_ $$1 (quar.)__ $1.50 3-15 4-15 3-29 1 3-15 4- $5 6-14 9-30 9-16 9-30 9-16 12-31 12-16 12-31 12-16 5S3ic (quar.) (quar.) 6-29 6-29 $ 15c . $15c $15c ' & 4-15 6-14 Sessions— convertible United A B preferred Bak3ries, A (quar.) com. 2 Acceptance Corp., 3-30 3-30 4-30 4-15 Ltd.— 1 preferred 4-15 4-15 (quar.)__ (quar.) -t!5c (quar.) Investing Co., $5 preferred (quar.) (quar.) 4-15 4-30 4-15 $1.25 6-12 6- 1 $1.25 on 9-12 8-31 SI.25 c (quar )—.___ (Continued j 4-30 <30c (quar.) preferred preferred 4- 30c 45c $15c preferred Lawrence $5 A 3-20 $15c ;— (quar.) B Laurentldc Class $15c 1 $15c (quar.) A (quar.) Langer.dori $1.80 (increased)—— (quar.) class 4.75% 50c (quar.) B Partic. Lamson Class pfd. 1 1 (quar.) 5% conv. (initial) B Preferred 3-15 4- $1.12% (quar.) Fund Corp. 1 4- 4- (quar.) — Stock Co. & Company q $1.41 (stock dividend)-a investment net 3-29 $1.25 — investment (Walter) Kirsch 3-29 70c (final) 4% 35c King-Seeley Corp. <quar.)___. iKingsport Press (quar.) 6-1 4-15 5-15 3-15 7- 1^ 4-15 6c Kimberly-Clark 3-15 4- 6- ,, (quar.)_— prior preferred (quar.) Inc. 1 monthly) Common From 9-21 4- $50c Co., Growth 6-21 10- 5-15 —— net From 3-21 7- 1 . , — Industries, Medium-Grade 3-11 3 5-15 5-15 6- ; Fibre Co., 4.80% 1st pfd. Keystone Custodian Funds— 3-11 4- 1 1 $1.12'% preferred Fund, Koehring Co., 4- 4- 37'2c (quar.) International Ocean Telegraph Co. . , Keyts ( 5-15 6- 50c common Monthly. 3-18 $50c Milling Income 1 6- 6- Co.I (quar.) Oil 3-30 3-30 $1.12% (quar.) Stone 4-15 95c Monthly 2 Ltd.— (quar.) preferred 3-15 4- 4-15 $1 (quar.)___, convertible Class Industries, 1 $2.90 10c Gas— common preferred 4- 25c B 4%% $4.50 Inc., 3- $12c Ltd. 3-22 3-8 Co. Refining 1 from (quar.) iquar.)__ Harvester International 8 4-15 .%.•.' (quar.) & Kendall Kennedy's, 4- $15c International 3- ' 3-28 R.R— (J. R.) 4-15 — preferred 3-8 .1 4-5 — Corp..— Kellogg Company, 3%% preferred Kelsey-Hayes Co. (quar.)_____— in¬ (Interim) partic 4- 25c —_• Light, " Powders, 4-1 3-23 secu¬ (quar.) Bronze 4-17 , 4-1 Natural & 4- 15c (111.) 1 3-8 Lambert America 4- 4-15 $20c (quar.) 20c profits and 10c — 1 $1.083A (quar.) In¬ from from 5- 1 preferred securities (6c 14c 2 5-15 4- preferred Fund— North Breweries, Ltd International 30c Fund and securities Class Ltd. from from 4- 4-2 $1.08 4%% 30c Growth income Exchange Bldg. Steamship Co class Common a i0% (14c 16c 3-20 $1.25 (quar.)_ 4'A% Power 3-29 La investment income) Insurance 4-19 1 Fund 1 62%c — 3-15 Ltd.— and rities profits) Institutional Income 1 5- Bank 4- 93%c preferred (quar.) preferred (quar.)____—_____ 1 Ltd.— income 3-15 $1.05 (quar.) 4-10 $25c Shares, 1 (quar.) preferred preferred 4- $3 (s-a) 2-28 4- 3-8 Kansas $$1 (quar.) Institutional 1 3-25 preferred 2-28 1 3-15 20c Co., 3-15 4- 3-15 $12%c A 3-18 $1.07 4-15 20c Ingersoll Machine & Tool Ltd., class 4% preferred (quar.) 1 10c Co.— 4-15 20c Common 3-21 4- $1 $5.65 $1.25 common 3-21 1 (quar. $5 Sl.OG'A Corp., 4. Electric & preferred Kansas-Nebraska Co. 4%% (5c Gas 3-15 SI- 5% 5- 4-15 Kansas 5-10 Rapids (quar.)____ Southern Ry. (quar.)_— 4-15 $1.05 3-1 1 4- 15c preferred City Common $1.15 (quar.) 1 4- 1 preferred 3-19 37 %c iquar ) ->- 3I (quar.) 4- 10c _ 3-20 $1.20 ; com. (quar.)_— preferred Indianapolis Water 5% 3-15 $1.25 (quar.) & 5-15 1 (quar.) 1 $1.03% (quar.)___' Ingersoll-Rand & Quarterly preferred International Lime <fc Alabastine of Canada 4%% .» 4 % % ...» ; 4-15 1 (quar.)______ 1 $1.03 5-15 4-30 • 4- — preferred (quar.) preferred (quar) 4.35% Electric— Inland 1 6-10 12c (quar.) preferred 4.20% 12%c J. preferred • Canada- (quar.) 1 1 4- (quar.)— Grand & class A partic, 35c of (quar.)—-' Corp., common preferred 4.60% 5-25 4_ Co. 5-16 66- . , ^ Aircraft, class B 4- $1 3-15 SI.75 . (Ottawa) "A- 57%c (quar.)__ (quar.) preferred 3-15 4- pfd. (quar.) 1 4- i'_; City Power & Light— 3.80% preferred (quar.) 4% preferred (quar.)____ 3-30 45c Fund Michigan preferred Indianapolis Power S1 25 (quar.) Co.. & 4.56% 6-15 j 4.50% 3-15 3-1 4- SI.25 (quar.) common (quar. Allegan Semi-annual 5-17 $1.25 , 1 4-1 Kansas $1.25 1I__I Color & 4 V« % 4-19 soc (quar,) Power 10c 3-30 $1.25 Assurance Indiana Telephone 4-19 Gulf, Mobile & Ohio RR. preferred 3-30 4-15 35c 4.12% i5C (quar.) 1 Co. RR. Incorporated Income 37%c (quar.) Life Quarterly Imperial Paper 4- 37:'->c .II $5 '.4-15 Kalamazoo, $50c Central Indiana 4- ' "S" 21 dividend $5 Circuit Breaker, Imperial 2-28 +5c (quar.)__ Y.) Kaman ; 1 17 i.„c preferred 3-30 25c 1 4- 37%c (quar.)__ (quar.) Publishing $75c (quar.) 5% preferred (quar.) Hydro-Electric Securities 4- $125 common convertible 3-15 3-15 4-15 15c Special 3-15 12Vic $, (quar.) Guaranty Gulf 3-14 ' A $40c (quar.). 1 .. (quar.)—I resumed 3-18 30c Greenwich 1 3-15 3-15 25c > $40c Mortgage (Increased) Husky Oil & Refining, Ltd., 6% pref. Hussmann Refrigerator (quar.) Huttig Sash & Door— 1 4- (quar.) • Mfg. 4- 30c ■ & 1 1 I 15c $20c Erie 4- 44- SI.75 15c A ' Ltd., com. 50c (quar".)__: preferred 3-11 4- (quar.)___ iquar.) Co.. Ltd Gas, common $1.50 preferred (quar.) Greyhound Corp., common 2 2 6-10 $$1.25 (quar.) 3-15 4-10 40c (quar.) Laughlin Steel, 4.20% Class B 1 (Winnipeg)— (quar.)_ Class 3-18 25c 35c Power Ltd., 3-8 Y.)— 1. Mountain 44- V 4-15 40c (quar.)__ 4-15 82%c (quar.) $10c Hughes-Owens, 3-8 5G%c (quar.) Extra Green A (Union City, N. J.) 1 —— preferred Factors, class 3-15 1 $1.10 - (quar.) 4-1 30c Extra common Hudson Trust Co. 3-15 57,/2<. common (quar.) ' 4-15 • 533Ac 2 (quar.)_______ Service, preferred 4%% 4-1 2c (quar.t____ Financial Corp. Western 93%c Mfg. 4.32% +$1 Great Western 3-21 3- 25c & 5% 7-15 15c (quar.) Quarterly 1 1 56'Ac 4 3-15 , (increased quar.) com. 3- 4-15 $75c v (quar.) Co. Journal 44- (quar.)30c (quar.) , Joseph & Feiss Co. 7-15 '25c Co. ; 1 $2 (quar.) com. & 8-15 1 93%c Life Assurance oones 4- 8- $25c ____ West 4-17 , 12%c $1.50 _ (N. 1 $0.006'A Illinois ; Co. 9-10 12%c (quar.)____, Hudson Bay Mining & Smelting Ltd. (quar.) Hudson County National Bank (Jersey City) 3-20 (quar.) (quar.) Insurance 0-15 5- 45c iquar.) preferred ') 1 4- $60c Quarterly B 3-15 Stores American J.) 5% lquar. 21c Johnson, Stephens & Shinkle Shoe Co.— 4% 1 3-12 A V'1;;;.'.' quar.) Light, Public Kansas 15c (quar. Quarterly (N. & B.) 4.28% t25c preferred 3-16 5 4- (quar.) common 3-30 1 5 4-12 _____ Co., 1 4- 7- I-T-E (quar.) (W. 5- 7- 50c pfd. 3-30 4-15 31'Ac (quar.) 4%% 3-18 7-15 3-15 75c Co., 1 5-1 7-15 1 iquar.)__ (quar.) A Union 3-27 4- 5-31 50c 4- (quar.)____ A Class Grand 4-10 50c 3-15 $1.12% Ltd., class A 5 6-25 4-15 Co.-— (quar.) (quar.) common Co., 12- 12-16 30c — k A'- Telephone (N. Y.) Corp.— 5% 1st preferred (quar.) Jeannette Glass, 7% preferred (accum.) Jersey Farm Baking, common (quar.)__ 4% preferied (quar.) Jervis Corp. (quar.) ,a_ Jewel Tea Co., 33/.y% preferred (quar.) 50c 3-15 , Jamestown 1 $50c preferred 5 5 (quar.) 3-15 Co Pumps, 5% 6- 9- $45c (s-a) (increased preferred common 1 preference Grafton & 6-15 9-15 7% A 1 3-14 * preferred Jamaica Class <fe 1 and $40c Jacobsen 4-15 3-20 1 Goodyear Tire & Rubber Co. of Canada, Ltd. Goulds 1 1 5 1 $l5c (quar.) Inc. 54- 5 4- ts-a)_ Telegraph Goldblatt 5 4- 15c 50c (Okla.) income Funding (J. 4- 20c (quar.) Glidden 1 5- Ivey 4- 4- __ (N. 4-25 4-15 Lock 4- 3-21 < 3-25 2 4-15 4- 50c Co. 5-15 4- 50c $1.15 Ltd. 3-18 50c $1.25 (quar.) Mines, 4-16 $1 4- ' 22c investment (quar.35s4c Ironrite, Inc., 55c convertible pfd. (quar.)__: 133Ac Jrvinc Trust Co. (N. Y.) (quar.) 40c Island Creek Coal, common (quar.) a—50c $6 preferred 'quar.) $1.50 (quar.) Huron 1 America— net preferred 4%% common $1.23 (quar.) & Sons (J. J.) 4%% (quar.) Co. Falls $1.25 Co. 1 1 30c (quar.)________^__^ 4- 30c <quar.)_ Giant Portland 54- $1.25 (quar. 4-1 * 50c Georgia Power Co., $5 preferred $4.92 preferred (quar.) $4.60 preferred (quar.) 3-18 1 3-8 4- 3-15 8- 4-1 54%c (Del.)— 1 B Herd preferred 3-21 .... 6- 5- Corp.— 4%% 4.40% General Time 3-15 25c ________ dividend) Co. Corp., preferred G.40% 3r21 A 1 3-15 5- I 3-15 f 1 4- 1 12%c 1 1 4- 1 $0.006'A 4- 4- 15c 25c 4- (quar.) 3-9 1 4- (quar.) 4-1 3-21 t $1.08% A 3-15 I t«.Lt ; (quar.) B 3-15 4- 20c preferred Class 1 5- 20c preferred (quar.)_; i.. $1.10 Iowa Southern Utilities, common (quar.) 32c $1.70 pieferred - iquar.)___ _____44c Class 4-1 3-8 5-31, 4.40% 3-15 4- 27'/2c Telephone Co. of Wisconsin— preferred (quar.) $4.50 3-15 44- 53 %c Houston Lighting & Power (increased quar.) Houston Terminal Warehouse & Cold Storage Class A common iquar.) B 4- !_ 4.35% ,»• 3-15 1 55c ,V (quar.) General Telephone Baking class A Finance Hubshman 1 4% (quar.). ^ (quar.). 4-1 52c 5%% Gibson 3-15 3-20 common preferred 4- 31'Ac 35c $2.20 Gielow 1 Telephone Co. of Pennsylvania— General Giant 4- 4-1 %c Corp., from security profits) Foundation, Ltd.— Power Class (quar;) (quar.) preferred 3-12 4- 20c (quar.) (stock preferred Class (quar,) General Telephone $1.40 preferred 4- $10c (quar.) W.), preferred 4.40% 3-15 3.30% Class Michigan— Telephone Co. of Missouri—• Preferred $2.10 of 3%% 3-12 45c (quar.) Industries, common preferred (quar.) $2.25 4% (quar.) Telephone Co. Co. Insurance Kardart Household (quar.) 4-i 4.30% 3-20 15c Co. common Co. Life (F. 3-15 1 $1.20 convertible Iowa inc. Houdaille 25c 4- (quar.37%c Co. (quar.) _______________ 50c H.) State 4-16 California— 3-15 12'/2c common.. (quar.), & Insurance Home 4-17 5-15 1 3-22 35c Lumber Corp., (Henry) 4-17 4-30 $10e (quar.) 3-20 1 4- $$1,50 Ltd., Paper (Canada) Ltd. (quar.) preferred 87Vic _ common Illinois— of Holt 2 4 10 4- 45c Dauch (D. 1 Corp. of N. Y.— A ' preferred <quar.)____ ^ 7%c Iowa E'lectric Light & Power, com. (quar.) 37%c ;V 4,80% preferred (quar.) 60c 43%c (quar.) Products, Furnace Holmes 25c quar.)__ Co. preferred 1 t$1.25 (initial Telephone 4- 4-1 30c (quar.)_ of convertible G% 45c Sugar 25c 4- 6% 40c (quar.) common (quar.) (Edward) Holly 3-22 50c (quar.) cents Investors 35c Common 25c (quar.) Ltd, 1 4-25 55c Motors & 4- 4- 91'Ac Common 3-20 93%c __ (quar.) General Telephone $2.37% common Wares, preferred General 1 4-15 5c _______— Corp. (quar.)____ Hershey Chocola te, 4 'A % preferred A (quar.) Hertz Corp. (quar.)_ Hevi-Duty Electric Co. (initial s-a).._ Higbie Mfg. Co. (quar.) Hightstown Rug. Co., 5% prior pfd. (accum.) 1 $1.25 series A Steel 3- 4- 30c iquar.)_____ preferred Hercules 4-15 Extra 4- 4-15 27%c (quar.) Corp. 4-15 4-15 25c (quar.) Products Cement 4- 25c (quar.) Co., 4-15 21'Ac «quar.)_I Hercules Gallon 7% common Paper pref. 4- (quar.)___ General 6% Hercules Hines (quar.)_ W.) preferred $1.25 (quar.) General Paint Corp., $1 1st conv pfd. $1 conv 2nd preferred (quar.)__ General Railway Signal General 7% Hertdershot - Co., (Geo. Co. Investment 25c Ililo Electric Light Co., coinmon__ 4-18 Corp. preferred $5 preferred 5% 4-1 15c Ltd.— Amer. dep. receipts ord. (interim) General Industries, 5% preferred (quar.)____ General Mills, 5% preferred (quar.) 5% 4- 25c (quar.)_______)._ Corp. (quar.)____ L_ Dynamics General (quar.) par) 4- 8 J.) preferred Rubinstein, Inc. Helme 45c (scijck .dividend)___•_ Co. from cents (6 Common (quar.) Brewing <quar.)__ (H. (quar.) Co._'_________ ;i Securities 33c (quar.) Industries Helena 1 4-2G i common—; preferred Hayes 3-1 —$2 Corp., Contract 4-1 t7%c ' ; (quar.)—_—— preferred General 4- 3-12 (quar.) preferred 75c preferred preferred E (quar.) 5'A% preferred F <quar.)__ 10c 1 (quar.) Power 36'Ac (quar.) 5.80% 5% 1 4- (quar.)__ preference Interstate 3-15 1 $1 \ 3-15 4334c preferred r Gas 3- B preferred 4- 5 3-15 1,*: (quar.) ___2 (quar.) Interstate 4- 1 4- 4- common 3-19 ; 4- 60c 7% Engineering 4-19 50c Insurance Co., 1 $33 at $1 3-15 40c (quar.) rite Gas 3.65% — (quar.) Co. 3-15 1 Convert¬ (quar.)^ Textbook Bakeries, preferred $1.25 (quar.) (quar.) Electric Co., Ltd.— preferred B (quar.;— 4'A% preferred C iquar.)___ 5% preferred D (quar.) 3-1 April on dividend). Co. Interstate $15c 5% Texas— preferred (quar.) Bakeries, Ltd.______—— General Baking Co., common (quar.) $8 preferred 1 4-1 of Rec. Issue Telephone & Telegraph International 3- 1 1 Hartford 5 (entire sal$ Co International International 4- $$1.37 convertible General 4- Holder$ Payable 23c International 2 Haitford 3-20 this 2 $1.C6'A 4- _______________ General , 4- ?35c — Co. 1 plus 4- $1.12% 62%c £'$1.25 (quar.) American •■Common $1.50 — (quar.u—___ Investors Co., com. (quar.) preferred General 6% 4- — General American $4.50 25c (quar.). conv. common preferred _____ —____ (quar.)_ pfd. B Co., Gatineau Co. share 6-20 Hawaiian Galveston-Houston redemption 4-30 _______ Haverl 111 for per When Share ■ ible tc Aprir 1 (quar.) _________________ preferred <s-a)___— Corp. •called 1 3 4- Carpets, Ltd Harnischfeger Corp., common % 3-19 3- 3-15 5- • Ltd. preferred 4-30 Harding » 1 1 convertible 5-15 * preferred preferred 4-19 44- $1.40. 6-28 Shoe (quar.)____— Haribson-Walker Refractories— 1 3-12 I5%c Hanover 8-1 11- 4-30 (George A.) Co. (quar.) Mfg. (Mich.» (quar.)___ Funsten 5- 8-15 11-15 15c* (quar.) Class AA Fuller 5-15 10c 10c ...» Brush, Fuller 4- 10c (quar.)__c.—__ Quarterly Quarterly Frito Co. 75c / __ 1 15c Paper 4-15 4- ; Petroleum, (quar.25c Co. 4-15 - _______ H-G7_ Per Name of Company International 3-12 25c (quar.) —______ Mfg- 6c $1.25 — pfd. 1 20c $$1.25 —_____ 5% 4- $20c iannual)_.._________ Ltd.. H-DA Hamilton Common stock series9c (s-a) Co. Holdert Payable of Rec. $25c __ (quar.jr___v__ Hammermill series (quar.)__ :____ Insurance Utility Franklin Telegraph Co: common <quarJ Co. Series 1 Funds- Franklin Custodian A Haloid Ordinary registered (final)—_——._ 5% Foremost Dairies (quar.j_ —25c Foundation Co. of Canada, Ltd. (quar.)— }25c Corp. Brass, When Share 3-8 Ltd.— Ford Motor Co., Company 4-1 .Monday, April 1, 1957 12-12 11-30 page 50) < Volume 185 Number 5625 ... The Commercial and Financial Chronicle (1525) Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED STOCK Range (or Prerfous - \ STOCKS Year 1956 Lowest NEW Range Since Jan. 1 Highest Lowest 37%Dec 6 4574 Apr 6 37 % Feb 43 Mar 28 98% Dec 14 109 % Feb 7 98 Jan 102 Mar 19 11 Dec 4 14% Jan 9 11% Jan 12% Jan 55 Oct -1 67% Jan 3 58% Jan 64 14 Apr 10 20 July 30 37% Dec 22 29 % May 4 32% Jan 4 .24 July. 17 132 Sep 19 23 % Dec 6 Jan 19 108 . 154 28 12% Dec 31 22% Jan 19 22% Dec 31 '36% Feb 9 52 136, Feb 9 190 155 Not 9 163 j 2% Dec 13 11 10% Mar 15 14 117% Jan i- 23% Feb 31 • : 88% Jan 23 113- Dec 5 30 Jan 23 Nov 30 160 Admiral Co 4.50% Mar"5 Mar 15% Feb 74 7 Feb 5% Feb ,4 13 ~3% Jan"Il 19% Jan ' • 114' 6 Jan 12: 17% Jan 12 %77%Jan . 11 7% Jan Alco 16 ' , 108% Mar 19 64% Dec 17 117% Mar 27' 52% Jan 117% Jan 7% 8 7 14 4 : preferred Aldens - Inc 4%% preferred 12% Dec ,88 , 18% Jan 5 10 Nov" 28 ;21% Dec . 29 74 Dec 129% Apr 11 36% Apr Allied Chemical 8 Allied Kid 40% Feb 15 17 9 17» Dec 47' 28 Dec 27 28 .58 Dec, Sep 19 105% Sep 27 30 Oct 39 10 13* Apr 3 31% Nov 19 121% Mar 23 10 .22 July 11 July 17 3% Jan 79 4 ( Jan 9 26% Mar 16 ■I 126 44% Jan ,, Mar 19 Mar 12 82 Jan 30 32 Mar 25 34% Jan 10 108 Mar 15 35% Jan Feb 12 1 % Feb Jan '3 11 4 30% Feb 21 Jan 2 29% Jan 16 12 124% Jan 4 27 ' Mar 29 66% Jan 15 "24% Jan- 3 90 % Mar 25 113 Jan. 10 36 Feb 7 Jan 7 7 108 Jan 26 95 % Jan 9 8 31% Oct 29 28% Mar 25 31 Jan May 28 70% Jan 9 63 % Feb 66 Mar 23 23% Aug 31% Co 2 34% Mar 14 99% Mar 28 20 15 5 4%% 6% Bank 12 32% May 21 20% Jan 11 20% Mar 4 24% Jan 4 3 19% Jan 7 20 Jan 4 4% Dec 31 7% Mar 12 5% Jan 10 American Cable Oct 1 43% Mar 13 American Can 21% Dec 20 19% Dec ; Nov 20 49% Apr 45% Jun 38% Jan 27 61% Nov 53% Dec 3 ,40 38 27 Dec Dec 18 Jan Jan 24 12 39% Jan 4 18 3 Mar 28 42% Mar 48% Mar 11 55% Jan 5 53 % Jan 58 9 27 Jan 25 Shoe Co convertible 7% Radio & 35. Jan 39% Jan 8 14 84 Jan 93% Feb 27 26 66 % Feb 79% Jan 2 26 132 % Feb 156% Jan 3 45 48% Jan 11 American European 3 Dec 7 Feb 13 17% Jan 10 30% Dec 14 26% Jan 9 13% Nov 27 16% Apr 43% Aug 5 14% Feb 6 "35% May 28 18% Oct 4 2 34 74 Feb 31% Feb 1/ American Export 16% Mar , 7 American & 38 14 Jan 17 23% Dec 31 20 Feb 11 25 142% Nov 7 120 Jan 17 135 84% Jan 31 143 7 118% Feb 13 134% Mar 19 11 Dec 31 14% Mar 21 96 Dec 4 13% Nov 29 15 86 95 Jan Dec Dec Aug 9 17% Apr 17 14% Jan 2 15 Jan 14 American 28 17% Jan 3 15% Jan 2 15% Feb 28 American 21 95 Jan 21 40% Dec 11 31% Feb 12 10 25% Nov 29 97% Dec 6 108 Mar 16 22% Dec 31 -28 Jan 16 2 30 Jan 27 30 18 Apr Mar 13% Jan 93 Mar 29 78 % Mar 26 American 4 3.90% Metal 21% Feb 13 25% Jan 15 American 25 21 26% Jan 17 5%% 14% Mar 26 28% Feb 6 33% Dec 3 29% Jan "33% Nov 21 40% Jan 9 33 8 5 54% Aug 9 24% Mar 20 5 % Jan 59 Feb 7 16 , 27% 27 % 2774 27% 27% 28 27% 28 15% 15% 15% 15% 1574 15% 1574 1574 15% 8,900 35% 9,800 20% 1,100 Co 10 20% *20 124 74 *122 1 131 133 Co of 111 1 *99 35% 3574 80 80 11 58 Jan 2 155% Jan 144% Jan 24 16 10% Feb Oct 10 187% Feb 1 170 V2 Jan 2 68% Oct 1 30 72% Feb 13 78% Jan 31 13 45% Mar 12 121 Jan 12 50% Feb 500 131% 133 132% 133 131 131 2,500 11% 1174 97 1474 1474 1474 ♦95% 14% 157* 15% 157-t 15% Co 1 * 101 101 117s •100% •ll3/4 *95% 97 200 14% 14% 14% 1,100 157* 157b 15% 3,100 101 *100% 10a 50 r 35% 35% 357* 35% 78% 787* •78% 4774 47% 47 47 v* *46% 47 900 25% 257b 25% 26 25% 26 5,200 97 97 97 •96% 97 22% 22% 22% 21 7b 22% 2574 *24% 25 % *24% 25 % 1574 ♦15 15% 3574 3574 78'A *78 74 47.% 47'A 25% 26 98'/a *96% 9774 2274 22% 2274 25 Va *2474 25% *24 * 15 *14% 14 74 14% 15 *96 74 227a 7a 5 8 874 7% 874 7% 774 7% 60 60 Va 60% 6074 6074 60% 60% 617* 357a 80 7,500 90 10 3.000 15% 200 7 74 7% 71,200 60% 61% 9,700 15 7% 25 Co 600 12% 97 11% 80 35% x78% 47 74 22% 7% Smelt & American 6% Refg com Snuff American 12 Jan 2 4 14 10 25% Jan 27 y4 Feb 9% Mar 27 25 Jan Co 25 common noncumulative preferred—100 American Steei Foundries American 179% Mar No par 100 preferred 18 37 % Jan 18 Auaer 26 131% Feb 24 % Mar 25 Std Sany common 5 preferred 100 Safety Razor 5 American Seating Co 10 American Ship Building Co—No par 24 2 7% Stores Sugar preferred American 6% Co 1 Refining com—100 100 Sumatra American T«i American 1 , American Water 6 Preferred 18 Works Co 7 146 Va 146 Va 146 Va 54% 146 4374 *120 3774 47% *120 137 % *4374 44 •120 123 37% 38% 44 % 121 37% 53% 146 4374 *120 3774 47% 47% 47% 121 1193/4 119% 138% 137% 137% 136% 10% •1074 47% 11 *117 127 3374 9 74 *26 , 34 974 ' *10% 178 26% *26 26 Va 24% ♦2474 24% 177% *26 24% 2,900 Anderson-Prichard Oil Andes Copper Mining 200 135 600 1074 10% 177% 178 V. 17774 74 % 747* 757. . 710 3474 3474 16,200 9% 9% 97» 3,500 26 y3 100 630 18% 177b 6274 62% 63% 63% 64% 79 75 74 % 7574 850 33 33'a 33 V. 3374 2.600 1774 61% 77 33% 34 33 % 33% 32% 33 94 94 46 46 40% . 3,100 74 33 12,800 18 62% 32% 126 600 20,400 25 75 •39% 125 757b 34% 33% 9% 178 17% 74 14 125% 125% 1074 26% 61% 10 1,500 119 133 ♦2474 73 : 47% 119 135% 18 v* 63% Corp 60 4,100 247* 18 Va 6.25 600 38% 26% 24% 21.80 Clayton &■ Co__ 47% 4374 122 247a 26 Va _No par preferred. Anderson 38% 190 450 119 *26 Hocking Glass Corp— Common 43% 122 148 10% 178 18% 18 Vb 148 900 9.300 133% •117 1074 72% 18 4774 *47% 4774 137 6274 1 38% 38 120 50 Cable 122 121 38 74 9% 44% *43% 4374 121 34 148 147% 147 No par Co Mar 20 55% 24% Wire <fc 40 55 9% 25 Anaconda 39% Jan 54'A 55% 12674 Anaconda 25% Jan 53Va 54 974 9 30% Feb 55% 54 VB 3374 7 64 85 *125 11 4 84% 974 19% Mar 20 84% 33% 79% Jan 94 % Feb 84% 126 Va 72% Jan 48% Feb 20 85 33% 19 37% Jan •84 126% 25 31% Feb 91% Feb 8374 127 y« 12 39% Jan 83 Va 7474 67 13 6% 293/4 84 74 57% Feb 12 29% 8374 74 V8 16% Feb Jan 297b 73% 23% Mar 13 42% Dec 6% 29% 674 177% com—5 •158 6% 30 *6% 25 series 162 6% *2374 6% 74% -25 Corp ♦158 162 30 178 Vb 87% Mar 19 Anchor *158 30 73% 85 Feb 161 30 6% 17774 Preferred 6% •158 6-% *10% 100 Viscose 17 177* 160 30 6% 5 common preferred American 17 *157 100 Tobacco Tel Co Tobacco 5%% series 25 American Zinc Lead & Smelting—1 120 2674 *24% 7% Jan 30% Feb 12 9% Jan 21 28. 120 47% 2 American 139% Feb 125 10% July 20 page 120'% 26 ♦9674 20 com 20% 12074 95 '/a 101 3574 20 Vb 122 ' No par Corp Gas ♦10074 101 IOC common—7 3574 35% *20 122 3,000 30 4 16% Jan see 130 36 Vb 20 7* 20 .» 17% Mar 28 footnotes 128% 35 Va 36 Vb 20% 125 9 18% Jan 157 10% Dec 43% July 11 35% Mar 19 20 Vs 4.500 3 107 35% 36 123 12.50 Co— 28,400 21 10 35% 10 Corp SS 5,500 < 17 V« 162 Jan For 27% 1574 17 „Jan 3 27% 17 v. 132 Dec 40c No par 17 106 90 — Inc Power 1774 19 30% May 28 26 % May 29 1,600 \ 17 15 32% Jan 45% Rad & Jan 2 *45 Amer Nov 42% Apr 4574 ♦45 28 146 6 46 2,200 . 16 % Feb 113 31% Dec 2474 1,100 1274 24 11.900 13 7 28% 1274 247b 53% 28 Nov 28% 12% % 24 35% 26 14 % 28% 12% ' 31 Dec Jan 23 *44 45% 277* 12% 51% Jun 63% Feb *45 287* 247a 35% Dec 65 *277v 28 —- 3074- 87 17 — — ** 51% 48 Mav 28 110 16,900 35% 3 Jan 76% 303/4 3 29 7574 ' 51 15 27 200 35 va 90 34% 47% Jan 4 2974 8974 30% 45% Jan 12 *35 90 7574 75 74 5174 123% Feb 26 35 35 *89% 34% 37% Feb Dec 75% 35 % 90 75% 75 600 30% 43% Feb 17% Dec 35% *89% 8974 2974 51% 120% Jan 23% Nov 2974 30% 132 25 2974 3474 2 27 30 % 51% 50% Feb 51% Jan 1,100 *29 % 34% 129% Mar 26 3 900 58 3074 59% Mar 20 23 51 *57% 51V4 81% Feb 26 •50 58 34 % 4 Jan 27% 50% 57% 30% 26 Dec *149 40 50 Vt 57% 51% 94% Jan 9 75 2,800 40 Va 517 a 57 Vi v 36 89% 40% 40 % *50% 41% 34 Va 21 31% Nov 89% 3,200 44,700 30% Feb 119 4174 300 42% 51'A 10 84% Apr 145% Jan 40% 42% 34% 34% Jan 165 4274 3074 Mar 18 16 42%: 1 6 59% Jan 42% No par 36% Jan July 24 42% No par 17 46% Mar 43 6,800 : ' Co 6% Jan 51 5 22% Optical Co & Chemical 9 19 20 474 News 2 10 *19% 5 Potash 6% Jan 25 22% 1974 4% 22% Amer 153% Jan Jan 700 American 13 42 22% 1974 75 7* 23% 10,200 American 27 Apr 39% Jan 22 7b 5 40% *143 11,400 24% 45% 113 3 Feb 120 23% 45% 112% 22 Jan 8% Feb 21 24% 46% 113 56 21 Feb 23% 44% 113 1,100 66 35% Mar 28 19 174 24% 45 113 30 29% 11 14 12 . 1,200 90 • 11 Nov 142% Dec 44%, *110 . 1,000 34% *97 800 . ■ Feb Dec 46% Jan 23 »63% 34% 10,100 43,700 46% Feb Dec Nov 66 45% Products Natural 6 105 Metal Molasses 28 - *63% *45 convertible preferred Motors 150 177 66 1274 100 American 31% Jan 29% 24 Metals American 7 30 127* preferred American 31 40 % 100 2 Jan 64% Jan 99% 24 Fdry 8% Mar 21 14 34% 98% *29% 42% 42% Ltd common_No par Co 91 *34% 12% preferred Machine & 4% % 9074 227s 1574- Amer , 18% 20 15% Amer t 63% 47b 157* 2 93 : 30 24 Investment 6 63% 18% *91 100 . 27% 1U% 18 64 500 1% 34 110% 111 63%.; 18% ' , 9,700 *19% *14% Jan *27 110% . . 1,800 14,100 5 14 74 47% Mar 18 1% *28 277/s, 400 90% 20 1474 28 1% 33 *27 98 11'A 99% Feb 1% *28 6,700 126% ' 47b 96 & 90% 125% *193/4 5 11% 13 3 23% 96 Mach . 90% 126% *63% 23% 66 11% 11 5 66 95 Va 21 17 34% 37% 89% 125% *97 *29% 30 11% Feb 8% Jan 98 34% 29% 95 Va Jan 70% Sep *97 29% No par 23% Feb Jan 98 preferred—100 International Corp—.—1 41 97 34% 109%V. *37% 91'/a 34% 13 prior preferred 2 Feb 91 24 74 common 4 31 56 5%% 37% Jan 83 90 94 22% Products— Ice Co 109% 37% 89% 125% 125% *1% 1% " 29% 29/a *27% 27% 110% 111% 63%' 64_ *90% 34% 22% noncumulative 7 12 16% Dec Mar 27 6% 34% May 5% Dec Jun 101 American 45% Nov 55% Jan 43 American-Home Jan 106% Feb 37% 37% 89% 124 y4 125% 1% 1% *29% 34 *27% 28% 110 111% *64 65 12% Electric & 108 108 24 Hardware Hawaiian 11% Mar 28 9 28 Gas American 96 35 74 Feb , American 14 19 37% 88% «. 1 Lines American 12 26 *106' 5 Foreign 2 95 % Feb - 100 25,300 Secur—No par 13 10% Feb July 77% Dec • Feb 9 102 24 % Feb - 23% Jan 80% *35 48 35% Jan 700 43% 1974 28 400 30 32% 33% *108 V 110% 37% 37% 23 Tiling 12,800 22% 43% 19% Corp 86% . •29% *78% 36:% Emka 85% *22 337a 30 Encaustic • . 80% 30 American 29% 86% 43% 2974 American 6 22% 29 74 ;■ 85%. 32% 2974 11 22% 29% 3% 43% Colortype Co 10 American Crystal Sugar com: 10 4%% prior preferred 100 American Cyanamid Co com 10 3%% conv preferred series C_100 American Distilling Co 20 14 86''4 22 ♦3% *78'A 51 Jan 28% Mar 3% 43% 57 15 300 *3% 31,000 32% 51 27% Jan 14 64% 78% 57 12% Mar *13% 43 57% 23% Mar 19 20 14 32% 51 V4 19% Aug 1 44% Mar 12 110 *13% 63%, 78% 22% 75 112 *107% 43% 1 *35% *110 64 22 ♦29 4474 111 *89% 112 .»■' 110 78% 44% 111 American 50 299 62% 18% 40% ♦205 11,400 32% 108 23% No par 1,000 75% 6% 6%} *107% \ 18% 42 % *73 6% 32 90% 5 6,100 *77 57% .27% Mar 21 Jan 43 % 17% 113% .17% :'17%, 75% 85% . 29% 9,200 4 *3% 22 51 8 25 86% 22 -No par 28 3 86 V4 , 2% 16% ♦113 / <■ 3.800 14 14 4 *29 90 % 34% 1 2% 299 *108 • 62 110 14% *3% - 61% ♦107% *205 18% 12.50 Cable 12% Dec Dec *14 ;r 44% 110% preferred 22% Jun 25 112 23% Corp Co 28 ♦108 62 Yb 109 44% 110% common & Feb 112 60% *107% 79 25 Co Chicle Dec *108 V" 6% 299 2 preferred Chain 17 *205 100 Amer Broadcasting-Paramount Theatres Inc common 5% 310% No par com preferred American 79 % Dec Dec Brake American 35 157 4% 15 31% Jan 3 7 Amer *73 6% 6% , *205 *63% 23% American Bosch Arma Corp Mar 28 100 23 126 18 39% Feb 19 46% Mar 28 37 % Apr 27% May 15 81 2 4% Mar 25% Feb 113 Jan 67 13 61 2 74 % 6% ;—20 2 12 Dec 74 75 75 ' »6% " 165 2% 17% . 13,000 205 17% 18% *63% 17 17% 7,900 •152 .... 200 1,300 . 25% 54% 25% 53% 113% 18% 28% 165 - 2% 17% 37% *97 *152 2% 17% 18% 100 165 2% '112% 897 a —10 *152 3,500 • 11% *201 17% 124 125 % 13/* *34 *29% 34 *27% 28% 110% 110% 65%, 65% No par common 25% 207 2% 142 2,300 >26 11% 54% ; 17% 44% 37 , 54 *203 % 113% * 29% 88% , 25% 53% 205 17% 100 preferred 19% Jan 47% Dec 118 ■' 109% t 25% 53% 24% *25% 11% *112% 4 .-*105 25% 11% 17% 32 % 50 Note 41% Feb 28 , 1174 5,300 32% 142 113% i common,. preferred conv „• 13% * 142 *199 , 160 17 6% 310% 32 1 com ■ . 14074 *17% 22 . *77% 1 coilvertible preferred American Bakeries Co com American i . . No par 3%% 104% Feb 1 Sep America-^ American Airlines 11 99 100 —10. Limited 11 39% Oct 20 Alpha Portland Cement Aluminum Aluminium of 29 44 100 common 25% 205 2% 142 11% 54% ' *25% * 3,400 14 V8 24- 20,700 62% 32% , 12% 14 ' 26 *112% ' , 87% 87 ' 22 / " common—No par Mfg Amalgamated Leather Co Feb 26 1 "" 5 convertible preferred 4.08% ■ 18 6% convertible preferred 50 Amalgamated Sugar Co (The) 1 Amerada Petroleum Corp No par. Amer Agricultural Chemical—No par 27 18 1 . *3% 15 104% Feb 60% Feb Corp preferred 76 6% 13% 2% Jan 27% Mar 16% Jan 10 126% Mar 22 95% Dec 64 4% 17% 17% *205 *106 -. 119 : 61%J 62% - 107 107 > - - 1137a >17 74 *75 No par Allis-Chalmers " 4 93% Jan 11 Jan 39 18 80 111% Feb 115 Dye— u 53% 2% 141% " 16,200 • 61% 24%- 141% 143 54% 5 — Allied Stores 7 76 • Mar 12 133% Aug 150 31 24 Sep 91% Jan , July 25 & Co 24 25% 11 1 Allied Mills 3 14 98% Jan , 24 25% *152 ; 1 Inc 24 25% '.*199 , gtd_—100 Allied-Albany Paper Corp 8 4 Apr 17 Industries 3 37 % : Feb 4% Jan AU°n Jan 97% Jan -99% Feb 14% Feb 25 23 56% Jan ;34 13 30% Jan 29 \82 25 18 21 104% Jan 26 14 26 125- Allegheny & West Ry 6% Feb 21% Feb Dec 8 109 27% Feb 42% Dec Nov Allegheny Ludlum Steel Corp- 11 85% .Mar 27 9 -30% Nov •,77 >64% Mar 29 Jan 23' 25% Aug 15 . 26 29 102 13 12 < 24 * ^hates 42% 103 12% 32%. 160 100 Alleghany Corp common 1 /. 5%% preferred A— 100 $4 conv prior preferred—_N© par 32%- 25% *112 5 —. 14% 33 11% 17% 100 common 61% 14 32% 26% 2% 61% 32% 205 - 12% 14% *202 1 common 142 54% * 12% 61% *152 ' 42% *101 % 1414 11 , conv 43 103 61% 26 * 42% *101% 12% the Week Mar. 29 23% - 25% 142 * 42% 103 ' Friday Mar. 28 25% 24 . *25 1 3% Feb 105 14% .24 41% 12% 61% 14% 32% 1 Inc 12 % 6114 Corp—10 .—.• Products 12% 14% pfd 1951 series—100 Vlcksburg Ry 100 Juneau Gold Mining : 2 Alaska 12% 61 32% ——_No par, ' Corp ' v *101 % 14% Air Reduction Inc common—No par „ Mar 20 1 327a 1 Corp 42 103 10- —, Corp Aeroquip 14 May % 110 6 Sep "2 16% Feb 19 10% May 241 % Express 41% *101% Sales for Thursday Mar. 27 _1 Inc Co— 41 % 103 HIGH SALE PRICES Wednesday Mar. 26 61 v AND Tuesday 251 12 25 — Addreesograph-Multigraph 7 54% Mar 22 200 Steel 41% *101% Alabama & 16 21 31 Mar 26. ' 27% Mar 22 13 23% Mar 22 14 14 Acme 8a-, 14% Jan 5 20% Jan 46% Feb Dec 6% Dec 3 43 A 12 5' 1 Inc Stores Adams-Millis 176% Feb 111 ' , 11 10 % 16% Dec 241% Sep 27% Jan 13 Dec Dec 14 1 38% Jan Mar 14 ,17. *77 24% Jan Adams Dec 4% Feb - ACF-Wrigley 12 -Dec > 14 Industries Mar 100 — ABC Vending Corp ACF 9 12 Feb Monday Faf common preferred conv 23% Ffeb 3 11% Apr 4% .32% Feb Mar LOW STOCK Abbott Laboratories 28 Jan 15% Jan 14% Feb 29% May 25 YORK EXCHANGE Highest •91% 93 47,100 80 93 Va 91% 91% *91% 45% 46 45'% 45% 45 45 1,300 32% 45% 32% 457a 33 3374 33 33% 33 23 V. 4,000 *39 Va 407a •91 *39 % 40% ♦39% 93 40% 40% 17 * 18 " The Commercial and Financial Chronicle (1526) NEW YORK STOCK EXCHANGE NEW YORK Range Since Jan. I Highest Year 1956 STOCK Monday Par Mar 35% Jun 28 41% Apr 9 35% Jan Archer-Da nlels-Midland No par 37% 37% 37% 37% 23 39% Apr 5 28% Mar 27 36 Jan 4 Argo Oil Corp ——5 29 % 30 29% 46% Feb 9 69% Dec 14 51% Feb 65% Jan 2 Armco __10 53% 54% 15% 29% 54%" 29% 55%' 15 15% 15% Feb 5 8 4 Armstrong Cork Feb 18 8 30 86 Jan 17 92 18 Feb 14 24% Mar 20 Jan 6 8% Jan 13 22\ 5 12 4% Feb 17 16 y2 Feb Feb 16% Jan 12 Jan 26% Jun 11 15% Jan 11 i: 31% Mar 15 20 Mar 29 28 27% Oct 4 30% Mar 29 29 Corp Co ot Illinois Jan 13lA Feb 25% Feb 2 Steel Armour & 2 May 102% Mar 18% May 24 4% Dec 12 37% Mar 27 29 Dec 24 7 26% Nov 82 37% Mar 20 -1 Feb 6 15% 1 28 % No par *90% Constable Arnold 0 Ariloom 18 5 Co common preferred •3.75 Carpet Corp Co Inc Arvln 12 18% Jan 3 15 ,29% Jan 4 Ashland Oil & Refining com 2nd preferred $1.50 series Industries Associated Dry Inc 4% 2.50 Goods 5 29 % it 29% 29% 16% *29 29 Friday Mai. *23 37% 37%: 37% 37% 29 % 29% 54% 56% 55% 15% 15'% 23% 29 92 92 0 22 22% 5 5 " 4% 30% 30% '30% 16"% i 17% 29% . 5 4% 29 17 '29% 15% 92 11.400 30 800 22% 5 *30 3.700 3,300 30% 17% 16% 17% ' 29% 29 29'8 1 32% 29 18,700 T.-' - 32% .j- .'2.500 14.900 28% 90 % 5 ■' 30*8 * 17 15% 28% 2.3.00 , 5o% *21% ' ' 29%: 29 % 23 Charts I 37%" 29% 92 23 the Week Mai. 23 % 30% 16% 29% 16% No par Sales for Ihursday *90% 23-% 4% " ¥4 37% 92 23 PRICES 27 '23% 29% ' 55 >, .55% 15% 15% 28% *90 ¥2 23 21 1 30% Mar 28 28% 92 SALE Wednesday. "t. ' Mar. 26 27% Jan 3 HIGH AND Tuesday Mar. 25 . RECORD LOW EXCHANGE Lowest Highest Lowest STOCK STOCKS Range for Previous " Monday, April 1, 1957 ... - 12,900 1 /> Corp— 1,000 * 29%. Feb 35 Jail 110% Jan 16 97 Oct 9 55 Jan 23 3 28% Feb 5 98 Jan 2 63 % Jan Aug 23 73 32% Mar 23 12 22 Jan 103 . 28 Common 5.25% 72% Mar 22 1 1st 26% Dec Nov 28 Feb 101 63% May 43% Jan 27 29 29 18% J 61% Feb 9 Sep un 13 91 11% Jan- 19 Jan 3 95 Jan 23 8 4918 Jan 11 Atlantic 12 47% Jan 8 Jan 25 4 11% Jaft 24 Atlas 3 18 Jan 24 5% 78 Jan 14 Atlas .13% Mar 28 67% Feb Jan 14 17 . 94 27 10; l 9 Febr 8 307% Jan 2 5% Sep 26 Feb 24 5% Jan 2 26 49% Feb 24 43% Jan 3 7% July 12 3% Feb 5 ; 1 22% Jun 16% Jan 37% Sep _1C % Feb 2 Coast Co -18% Mar 22 23% 7 10% 10% 28 ¥4 28% *90 Va No par 41% 10 ,RR 45% series B preferred—— Corp common—— preferred 100 100 ¥4 100 % 71 . " 71% . 31% f 100% r 70 70% ■ ; 5,000 32% 100% 100%' > 70 .• * 71 ..r.; • ' 10% *91 ; 42 ¥'4 ■' 45% '23% 23% 23% 10% 10% 10 "a 10% 28% 28% 28 ¥4 28% 140 4*600 10% 10% 28% >28% 4 gr 94 93 41% 42 4214 41 45 45% 45 ' 45%' 44% 45 3a" 92 >z 92 92 10% 10% 103a 10% 103a 17 ¥« 17 17 17 20 68% 68% 69 69 No par common 12% 1212'f". 12%' 127a ($1.20) pref 92 • ¥4 * 17% 18 % 3 5 V2 35% 6% 6% V44 y4 • 44 ¥4 No par *18 ' -*92 - - 913 92 91% 4 2,400 30 is 3.;, 41% % 7,300 45 % 21.700 . 92 92% 1,030 10 % 1044 18,500 ' '¥/ 10% /' *17 ¥ 10% ' . "• - 51,500. "12.900 24% • 41 »4 17% *.92 23%; 42 45 '• ■ £2 41% - 23 % 23 3 r .¥28% 92 . 23 ¥4 10¥« 22% ' v 20 . Co prior 32% 100 % 71 —1 — Conv ' 36% Mar 14 .'68% ... - > i3 *18 . *17 17% ' 1.700 17% 69 68% t 68% ,2,000 13 Va 13 16,000. 18 ¥> *18 18% *343« 347;i 34 34 ¥2 1,900 6 ¥'2 6% 612 44% '6% 44% 25.700 *44% 44% 68s '. 4' 127« V ' 10% ' *18 68% 12% : 1834 >17% 13% A4 V " Automatic Canteen Co of Amer Jan 8 46% Jan 9 $2.25 5% Jan 4 Babbitt 46% Jan 11 Babcock & dan 16 Baldwin-Lima-Hamilton 35% Feb 15 .> 7 : 70% 23 100 Line Nichols *100% -101 ¥2 6.50 com $3.75 Powder 21% • ' 10 Atlantic Refining common Austin 72% 31% : 32 ;; & Sante Fe— preferred— non-cum Atlantic City Electric 4% preferred 9% Jan 16% Jan 17% Feb 27 34% Oct 29 Aug 28% Mar 21 84% Jail l 13 2 41 10% May 28 27 Jan 101% 71 ¥2 10 Common. 5% 39% Feb 9 > 15% Dec 6 27 90 27 *8% Nov 83% Nov 5 *■ 11 -/■ Feb 27., , 47% Aug 14 99% Feb 20 35% Jan Jan 10% Feb 27 10 . 30 V* Mar U 17 90 3 Co. 30% 100% preferred-.—,---100 Associates Investment Atchison Topeka 11% Aug Nov 30 10 22% Mar 26 33% July 25 25% Nov 21 30% Avco Mfg Corp (The> preferred conv 5 3 common 't No par 34% - 35 34% ' 6 ¥2" 6% 6*8 44% 44 ¥4 44% ' 34% 638 44¥a 600 B 4% Dec 17 35% May 24. 48% Dec 8 15% Jan 12 31% Dec 17 35% Feb 39 Y* Mar 13 5 11% Jun J 12 % Feo 25 7 32% Jan 3 96 % Jan - 1* 95" Nov 29 113 Feb 85 Apr 19 Dec 21 105 41% Feb 13 53 58% Dec 28 3 Jan 2 95 41 % Feb 2 .-102 11 86 68% Jan 27 May 10 9 67% Oct 24 46 % Feb Jan 19 82% Jun 14 71% Feb 16 Sep 12 12% Jan 44 Jun 12 Jan 6 Feb 21 54% Feb 16% Feb \>} 31% Mar 14 .' 116 Jail 23 134% July 13 Feb Nov 27 106% Jan 20 94% Jan 3 17% Sep 13 37% Jan 9 17 ¥4 Feb 12 '25% Jan 23 43'% Dec 28 35 ¥4 Feb 12 Dec 31 19% Jun 8 80 39 Sep 26% Aug 91% Aug 120 17 32 % Dec 134 , ' 99 • Feb: Jan 20% Jan 42 • Jan Feb ' 26 13 85 12 Jan 3 31% Jan 40% Feb 12 40 V 4%% Bath 100 98% 93 100 90 100 44 ¥s preferred—100 Mills Beck Shoe'(A 6 26 S) 31 Va Jan 2 10¥4 Mar 8 11%- Jan 28 Jun 8 27 Jan 3 20% Jan 2 •24% Jan 31 Bell Aircraft 14 50% Dec 31 36 ¥2 Mar 15 50 ¥a Jan 2 Bell & 30 85 89 % Feb 6 101 Nov 27 Jan Jan 10 48 ¥2 Jun 8 64% Dec 27. 57% Mar 11 62% Jan' 18% Nov 1 22 Va Aug 10 18 Va Feb 21 l¥a Dec 14 2% Feb 24 30% Oct 1 44 ¥a Dec 19 Dec 31 77¥4 Aug 146 Dec 20 13 ¥a Jun 8 33% Apr 17 22; 30 Feb tz.50 171 Dec - 27 32%Jan Feb 15 45 ¥2 Mar 14 39 Feb 12 54 ¥4 Jan 7 147 16¥a Jan 13 Jan 11 6 11 Jan 47 ¥4 Jan 4 14 ¥a Feb 12 Best . •j 13 Jan 24 155 74 Jail Foods Co Tnc 1% 15 4%% 58% Mar 21 Blaw-Knox 20 32% May llr 25 Feb 12 29%-Jan 14 29 36 Feb Dec 13' %G 45% July 25 65% Dec 12. 45 21 ¥a Dec 29% Apr 3 21 34 ¥4 May 1 23 ¥2 Feb 12 31 1 20% May 1' 13 Feb 11 16%. Jan 38 ¥2 Jan 17 Jan 17 79 ■" Dec Jan 50% Apr 98% Feb 3 48 ¥4 Dec ~ 12 39% *81 % 82 23% *40% 12 10 Jan 8 87 Jan 53% Jan : ; 1 54% May 10- 29% Feb 42% Jan 3 12% Dec 31 24Va Apr 48% Nov 100 37 ' 39% Nov i6 25 Feb Aug 15¥4 Apr 46 13 17 41 Jan 85 30 25 Feb 38% Mar 11 42% Jan 4 23 45¥» Dec 23¥2 Oct 18 24 38¥a Jan 23 26% July 19 56% July IS 17Va May 28 21% Jdn 3 17¥2 Feb 95¥2 jun 22 83%'Feb 26 44¥4Feb Hrlstol-Myters Co 3%<vr Brooklyn Union Brown & 20 .3 77 V4 Feb ' oPr 30 22% Sep 18 9% Jan 23 Brown Shoe Jan 71 Mar 22 50¥a Feb 28 52% Jan 9 10 90¥a Jan 15 17 Buffalo Forge Bullard Budd (The! G 33% Feb 27 °ct 26 20 I7¥2 Feb 7 5 24% Mar 28 Aug 1-5 105% Aug 3 101 3 38 23 4% Dec 10 123/a Jan 20 51 Va May Jan 2 74¥2 Jan 23 65 s t 19 Jan Jan 26%' 26' 2 V 3- 11 2 14 V* Jan 11 California r^Uahan 2 6% Jam 8 Campbell 37% Jan 4 13 12 3 13 ¥4 Jan 2 15 Mar 11 2 84 Feb 27 56%'Jan 29 50 Aug 22 For footnotes Feb 7 July li 6 78% Jan 53 Feb 24% Mar 36% Mar 16 29 V4 Feb 56 ¥2 Apr 49% Mar see page 1; 28. 26 6 12 1 27 Jan T.ake lb ¥«•' 5O7B 56%.. 40% 41 % *84 40% 85 5C% 56% 41 *34 51 "./ 56 85 *o4 £03 51 % 50% 17% 17 ¥2 " 42 42 *17 ? 41 %• *./9% 10% 33% 34% 10% 10%*' 5 33% 34 *4432 ' - • 45% *44 Canadian Paclfle 52 Cannon Jan 2 Mills " 10¥» 14% *44 34 % 10 ' 4534 Co ' . 11*3 11.¥4 11% 10% 42% 42 42*4 " 42%.'a '-42¥2; 46¥2 47 463a 47¥2 47% 47% *87 1 ' 90 *87 *86 90 *. *86 90 35 35% 14% 143i» 14% 33¥e 39% No par 46¥« 47% • 46% 47J2 46¥2 47 No par *24¥4' 24% 25 25 46% 46¥4 45% 46 5 19¥a 1938 19% 19% 84% 84% . *84 35 . 35% 24% • 45sa " 24% 19% 84% *84 84% 30% - *30% 31 30¥fc 10 -24% 24V4 24% 5 20% 20% 11% 11 11- . 67 100 67 64% *71 100 72% 5 39% 18 18 24% 24% 9% 938 34% -*102% 103% 0 39% 7 5% 9% 5% No par 25 No par 345b 83 ¥b *34% 103V4 3912 38% J3% 6% 12% 5% 5% 34% 34% 34% 14% 14% *82 : 103% 12% 34% 14% 35 *17% • 14% 14% • *82 * ' *103% "• *67 . -69- 50 . 40% 73 i • - 40"!'a 18,100 *18 ' 18'% 25 25V* 5.100 9% 2,900 -9% 33¥4 *103% 38% ¥4 600 34 1,400 104 ■ "• 20 1.800 39 ¥4 6'/4 5,500 13% 3,200 638 6 ¥4 6 13'a 13 5% 534 5% 5% 1,900 34% 3412 34% 34% 34% 3.100 14% 14 3 14% 14% 14% 4,000 83 ¥2 83 ¥2^ * 6 4 40 • 83% 54 ¥2 5412 *53 ¥'2 *24%" 25 ¥2 *24% 25% 300 34% 34% 34% 33% 34 ¥s 32,900 50 V, *5014 50 ¥a *50 V4 50% 100 *82 83 V2 53 % 53% "• 54 ¥2 *53 Va 55 2514 25 ¥'4 *24% 25 ¥4 24% 24% 33% 34% 33% 34 V4 34 % *50 % 50 ¥2 50% 50 ¥4 83% 29 4,700 ' 12% 6% 12% *5% 104 38% 39 6 ¥'8 * 34¥2 35 46% *71-- V 18 247a 9% 34¥2 9 % 700 400 8,800 1,200 *61% -64%" / 17% 103% 12% 1 • 73 24% " ' ' 40 % 40 18 4 64% ■ 4.400 19% 20% 33,200 *84 % 84% 100 30% 30% ¥"-600 24% 24V„. 1.500 "2O%.203'4" 3,600 11% • 11%- ^ 21,500 ; 67 67.: 2,000 6.400 • 25% 453'4 2438 20% 11% *61% *7l% 24% 9% 39 12% . 40% 24% *102% 6% 12% r *. 30¥2; 24% 20% '• 11% ' " ' , 83 ' 25% *84 30>« • 67 9% *34 ' ! • • 4534v 197« 84'% 19 - 35% 35% 1414 14% *39V8 39% ' 45%-' 46% " '25 45-% ' 73 18 467a 2434 ' 64% 24% 9%.. 39% 6% 5 39% • -393V 800 8.600 5,500 100 10.900 47% *86 v*. 1,200 10% 42% 47 35% 14% * 14¥4 24 17% 34Vb 10* 40 67 *71 89 • 35% 11% -*6l¥e - *39 ' 447a 30%' ► 243b * » No par ll¥a 6434 72 x3958 5 20 V4 24 -69 *71 40 30% -20% 11% ' *6l¥a .• " 4 24% % '*67 *61 Va .100 . % 20Va*20% L_l 1... ' 46 ' 19¥8 4,900 45 10% 42% HVV 41% 39%- Ltd_ * 45 11% 45^4S-47 ' 50% *16% 16% 40 % " 40% 9% 10% 34% ' 35 ; . 45 "44% 45¥'a 8,600 '' 4134 ,¥'11%'' : 85 5014 11 Va ' 1,100 7.500 41% *84 ;17 40%-. 10% • 35¥a ''17 x403a 10% 34% 42 41% 51 ¥4 50% 17. ' 41 % 5,000 ' • 85 *8-1 41% 1.80 Canada Dry Ginger Ale com__1.66% $4.25 conv preferred No par Canada Southern Ry Co _1C0 34% Mar 27 a 41%:,"', 407» si. 17 ' 42 s -• 17 ¥4 'f**" 1 Ry , 85 t 16 Va 16 ¥2 ' 41 40% 14%* preferred Breweries Ltd 360 10% L Mines 1,630 16 V4 33% com 500 30 14 10% 1 Caradian - 14 56 ¥-2 : 9 * 1J34 103a- Campbell Soup Co 17 ¥8 Jan Red 30 31,900 ' 56 7 ~ 15 30%'" ¥" 56 3 39% Packing Corp 5 ¥2 Jan 2217'B 10% 2 14%' Zinc-Lead 34 ¥4 Feb ' 1,000 43 22% 16% 4 35% Calumet & Hecte Inc 3 27% . 47% ' 13%" 30 13% 39% common— participating 27 23 ¥■;. 4.000 * -t 31 2 t 483e .*22% *82% ~ - -*53 *50 ■V 4.800 •- 28 16% 17 15 11 7 Va Jan 12 . 13% 14% — 44% Jan 13 31 27% *„ .fj "" "V., 100 6,400 73 10 1 Butler Bros 7% 22% - 35% second preference Burroughs Corp 26 12 - * - 1 4734 47-:. 22r>4 V 2 " 46% 30% 14 a 27 % 27% ■ ' 400 3,700 50'4 .¥ 37% ' 37 >2 16% Bush Terminal Co < r - 37 " f , - 56% 57 55 16 ¥'2 __ i prfef erred 104% Feb Feb ¥4 Apr ' ¥4 1 Byers Co <A MI 5% Feb 98 30»2 '-*71%. 72 72 '37 ¥ 10% No par Inc 16 11% Feb 66 • 47 2234 ; ' > i ' - 26% r ' v 55 . / " 4.600 165,800 -4 -14% 55 3 15 Butte Copper & Zinc 13 33 26% :: 56%.. 43 148''" 14% 10% 10 preferred 8 % % 17 1 ' - "72 73 ¥2 2 • 2,900 -■ 43% %2"a 148' ■ 3 4%-% 7 ¥2 Jan 21 ■ 55 3 42% ; 8 X16¥4 - 43% Jan Oct :* 700 : 10% Co 9 75 ¥a Dec > r "' ' /4 14 7 3.50 - 23 55 *72 •< 5 Aug 24% Nov 30 30% Nov 29 73 16% 50 Co_i common.. Co 30'4 45%.r 56'4 u _ j 6.000 10% Co 34 ¥4 Nov Dec "'.'' 6,000 10,100 55 ¥4 ion 45% Jan 1 26% 2.50 10¥a Jan 10 16 Vs Mar 20 8% Apr 4% si 3 29 » 74 " 27% Corp Burlington Industries Inc 24 Jan t 74 Jan 23 •40% Mar 28 2 Mar 12 Jan 14% Jan: 23 i' 9V»Mar20 8 16 f4 32¥aJan ■ ' 45% '■ 149%'¥ 149%' 14% ; 27% Inc Co $5 preferred "' ' T4% 28 No par common Co Bucyrus-Erie t ; 150 4 277 a 5 Brunswick-Balke-Collender, Buckeye Pipe Line Co 29¥a Jan' 11 24 31 ¥4 Jan 40% Jan 5 ¥» 65 " 58% 20% 1% l ¥4 30!4 45 ¥'2: ■¥ ** 4- 14 3 8 28 Gas Co 33 Mar 18 Mar 25 12¥2 Apr 343/4 Dec 25% May 93 6 11 8 85l/2'Mar 46% Sep < 15 Bigelow 11 Bulova Watch 67 14 7 » 27¥b - 15 -30>a4 ;43% ' 149% 150 14% 55*' common— Jan 21 Sep * 20 3 V. 42 U -. preferred 5 TSC V 1.400 64 53% 20 ¥4 4 :"3014 ' • 7 37% preferred 7 63 300 3,300 41 1.25 — Manufacturine "42 : 4^ 74 *147 - ' 2.50 & Stratton 1 ¥ , 45% ; 4 3534 juu Briggs conv 45 ¥ >42. 55 25 Rrlggg 432 ¥<, 30% ¥30 ¥2 -' 37 Va 100 11 Feb 00,/ 3,500 :21% 4 ' 36% common 10 Feb 28% Jan 31% 11 *84 58% a 20 1% 37 ¥4 1 14 Jan 20 Va Feb * 20% 57% ; Jan 22 , 58 ¥ ' 583a 1V4 37 2.50 ; 29 3 57% '1,200 41% *40% 94 *84 94 56% Co 23 19 41,/ *71% : preferred 38% July 30 16% Jan 40% 1 10 Inc. 36% July 17 81% Jan 19% 100 ' (The) 28 30 213 20% 3034 41 15 14 ¥4 P Nov 150 30% Dec Aug 21 : 14% "147 14 V4 20% Jan : 42 >a 41% . 29% 26 65 21% ¥ 45 V4 46-V8 .1 8 21% *'• ■417/8 *22 ¥'2 Feb ^ar 21% 1% 45 ¥4 47% 27 . *10% a 413 a 41 22% 5 Tnl" 127/a 31% "10% * - 43% ' 40% 465B Airways Inc Bridgeport Brass Co 25¥2 Mar 18 • 1 ¥4 303a 30% '45 ¥4 com .5 Branlff 15 ' 8 e«m preferred 35% Mar 11 > '■' 21 3 4 Dec . 19 7 5 41 Vb Jan ! 2 12 5% f6¥a Feb' 20 » 11 Jan 11 r 48% Mar 20 12 89 17 31% 10% ^*84 58 V4 Brass Corp 5 class A NA par 13% Jan 11 14 27- Aug 29. Jan 33% Feb Jan 8 31% 11 ao% 19% , 13B "30 V*. - & 47 21 29 2 48 r 1 % 1 Common' 3 38% Jan ■; 10% Mar 28 2 *40% 31 % '41 94 No par Co 3 ¥a % 10 11% Jan 12 58 40¥2 Feb 41 ¥2 21% •: 23% 31% 41 % 5,900 ¥j 82 ¥2 23% 23% *10% ' 57% ; < j. 23% 23% 21 ¥2 *84 10 38 •" *81 82 *81 ¥2 82 ! *40 ¥4 11' .Boston & Maine RR— 19% Jan47% Jan . 12 28 6 39% 4,100 " Co Boston Edison . . 28 9% Feb lt>* 39 ' 1 (Delaware) Borg-Warner Corp 24 26 W) Stores Borden 22 2 9 40 20 17% *99 23% 31 ¥4 1,800 38% 17 ¥2 40 " ^.1: Book-of-the-Month Club Inc Jan Feb : 17% ' 1 peso Bond 7 Jan 31 Ihc2 Bliss Mar 11 80 32¥4 May 25 13% Dee 17 20 11 46 31 92 % Oct 59 19% 17Va Mar 22 57 ¥2 Jan 50 44% Dec 58 —4 Class B 25 Dec 8 IE Bon Ami Co 38% Feb 41 14 Wins 3 10 May 5 Co Mfg Co Co 7 2 35¥2 Dec 35¥a Jun Mar 12 38% Mar 28% Feb Jan 57% Mar 19 14'% Jan 91 31 ¥4 17% - 32 % 100% 17% 98 ¥2 *81%, 42 *40% *84 <fc Laughliu Inc Boeing Airplane Co 15 41% £8% 17 ¥2 23% 400 140 *125 130 , "2 100 4,600 '• 16% '* *125 130 *98 110 59 *32% 32% 32% 32 Va 32% *1237/s 82 23% 40 34 Bohn Aluminum 3' *81 ¥2 23%' 41 9 3 *16% 17% 40 ¥4 ; 40% • 41 2 61 ¥4 Jan 16% 41 57 ¥2 16% 99 % 17% 10 2 29% Jdn 56% 16% 32% common. 25 1 56 130' ,,99% 21%' 61 Va Jan 1 Oct *32 *123 21% 33% Jan 3'" Aug 32% 55 "8 *16%. 600 1,300 4,500 13% *40% 41 40 ¥2 *55% 16% 16% 21% 8 10 *40 3/a ¥2 55% 41 55 1 6 41% Oct 40 *40% : 7 9% Jan '•V 17 2 51% Feb 5 ■7 9 13 V2 *10% Mar 14 ¥a Feb 3 12 47 ¥2 79 13 ¥2 10% 21 ¥4 Mar 12% Mar 16. 47% 79 ¥2 31 (Del/; Black & Decker 43% Jan' 64 47 ¥2 13 ¥2 10% pfd series of 1951 7 26 50 79 ¥2 40 J do 11 26 60% 47% 100 Steel Feb 27 60% ¥2 31 preferred 46% Jan Dec 45% 60%. 380 92 13 ¥2 .50 Bigelow-Sanford Carpet (Del) 35 9% Dec 45 ' 50% Sep 54 *90% 79% 32 3 a 1 46% July 17 14 ¥a Dec 90% 46% 47 lOf : 1 0 Mar 2,100 90% 45 Va 13% 17% Inc 23 12 61% 92 46% 79% 17% Gypsum Co Bethlehem 15% Jan '11 .,'70 ¥2 Mar 15 & Best Bestwali 7 25% Nov 23 ¥4 Nov 61 - 1314 10 Consolidated 32% Feb 20 19,500 *88 8OV4 100 : 45 ''4 99 48 ¥4 1 Corp 45 ¥4 ,¥4 99 13 V4 123 > 588,900 it y* 98 *'a 99 80% *98 Corp 46,500 a'V 34 34 ¥4 ¥4 V8 *47% 123 pfdi ' 34 ¥4 61 33% 98% 97 13 V* _1 Finance 28 ¥2 Jan '28% Nov 11,300 81 1 Corp Aviation Benguet 8 .43 84 Bendix 1% Jan 26 172 Va Feb 5 47 ¥2 100 preferred Beneficial Mar 11 9 41% Feb 60 3 4 16% Inc Savers Co 13,400 12%' ' 14 IV4 Mar 18 53% Jim 53 Life Howell 4¥»% 3 60% 56% Belding-Heminway Beech-Nut 2,200 41% 12% 4% 13% 2.50 4%% 6. . 44% 60 41 Inc Feb r 83 % 44% ..100 14 1 88 ¥2 44% 41 new Beech Aircraft Corp Beech Creek RR 24 91% 55 % preferred Instruments 4% 41 ¥4 12%' .' ¥4 % " t'Beckman 2 com prior fe 99 ; *16% preferred Beaunlt 11 34 S9 *80%: 50 Co conv 4¥2 % 34 . .10 Corp 3%% i 12% 4% 41%' 12'% 12% 33% 4¥a 40% 4 ¥a 40% 47% 1 Inc Beatrice Foods 5 10 4¥e 40% 59% .5 common 7' 42 No oar Works Nov 28 85 •> 33% preferred Cigars 28% Feb ■' 32% 4 ¥4 40% *4 r No par -10 20 • 33% Co Corp 10 ■ 12% 33% A 4¥« * Corn Iron Pavuk 2 % Mar 18 27 Va Feb 4 6 8 12% Bangor 6c Aroostook RR- 10 Jan ' 80 % Feb 31 47% Jan Brothers 22% Feb 81 Dec 29 Oil Barker Jan 39% 12% —— noncumulative Barber 33 19 '94 4% 2 17 41 12% 4% preferred series C Baltimore & Ohio common 4 61% Jan 40% Corp preferred series B 17 44 • 4¥a 9 Elec & 13% Jan '29 • 25 6 28 1 13 (The ) rights. 57 % Jan i 11 19 % Jan May 28 16% Aug 21 ■ 39 26 67% Nov 26 43 4%% - 83% Jan 22 39 Gas Common 8 62% Feb '1,5 13 31 60 Feb 47% Jan 58% Mar 13 12% Oct 42V4 Jan Mar Ine T) Wilcox Co Be'timore A Mar 28 ■A Mar 20 (B 20 ' Volume 185 Number 5625 ... The Commercial and Financial Chronicle (1527) NEW YORK STOCK Range for Previous .. Lowest V Range Since Jan. 1 iHghest Lowest 23'/a Dec 12 41% Feb 1 -31% Jivn 17 23 45 Vb Aug 22 .=■ Nov 14 lftl Nov 30 Mar 12 22 12 Feb 101% Feb 9 Capital 4 -45% Jan 1.8 20 105" 27% Apr 2 22% Jan 40a/4 Fob 29, 05 % Dec 31 50% Feb 12 67% Jan 8 49% Nov 20 021b May 16 53% Feb 12 65% Jan 11 437b Mar 13 46% Jan 20% Feb 13 22 Va Jan - Mar 28 16% Jan 14 110% Jan 14 43,;. Nov 9 2014 Jan 19- Cllnchfield Carolina Mar 21 53% Jan 26 2 - 25% Mar , 7 4%% • • Corp 23%103% No par 24% 24% Aug 16 18% Jan 5 Dec 21 ,'55% Jan 23 100 119 J/4 Jan 14 102 9 J. 94 Dec. 11. 13Ho Nov Jan 104 23 No? 21 102 Feb ,, 8 96 5 21% Jan *, 3 119 2 11 85% Feb July" 18 ,Jan 5% Jan >95% Jan .. 12 17% Jan 108 G4% Dec 21 7o 34 14 47%,May Feb 17% Dec 17- 20 3 Feb Jan 13 Jun 25 31% Feb 70 25 22 21% Nov 14 65% Feb 3 - 17% Jan 16 Jan 8 38% Jan 11 18 '/8 Feb 9 23 19% Mar 20 "r.4%% b% 28 12% Mar 16 28 57% Apr 8 13 % Feb 9 86% Jun 12 V* Jan -15% Oct 16 51 % Jan 16 . 98% Dec ', -17% Mar 16 Jan 4 -56 Feb 8 23 15% Feb 13 61,.Aug 14 52%. Jan 2 31 113 35 July 24 29% Mar 32 43 Aug 28 Oct 33 19 8 7% Dec 1 31 .• 19% Nov «■ 4 Feb 34% Jan r 100% Jan * 13 7 V 18 Sep 38% Jan 24 22% Jan 10 Central 3 9% Jan 8 28 2% Sep 9 8 r 59% Jan 8 10% Feb 12 11% Jan 10 28 54% Jail 44% Feb 14 Aug ,17 45% Dec 30% Mar 28 26 4% Jan 3 2% Mar 15 75% May 8 Cessna- 43% Jan 3% Jan - 11 69% Jan 57% Mar 13 9 2 Oct 1 45 Aug; 9 "-32% Feb 19 94 Dec 21 108 Feb, 7 93% Jan 2 22VaOct 1 27% Apr " 5 45% Dec 12 25% Feb 12 31% May 24 7 Jan 3 6-% Nov 28 29% Nov 29 5314 Jan 3 96% Jan 20 20% Oct 9 12% May 41 Jan 8% Feb 4 38 26% Mar 26 69% Nov 21 59% Feb 23 24 Va Jan 7% Mar 26 9% Feb 14'A 14'A • 14'/a 14'/a 104% 104% 104V4- 104'A 5% 5% • 69% Jan 110% Jan 24% Jan 16 20% Mar 17 31% Apr 27 29% Jan 28 50 27 31% Mar 15 39% Jan 35% Dec 31 41% Jan * 36 40 16% Nov 29 26% Jan Apr 6 Jail 11 56 * 22% Feb 12 30 27% Nov 19 46% Feb 30 25 44% Jan 30 Feb 69% Feb 75% Dec 11 '13% Jan 10 22 5 14% May 22 12% Oct 26 12% Mar 21 12% Jan 51 % Feb 9 69% Mar 1 56% Jan 2 64 Jun 1 8/ 3 64% Jan 28 10% Jan 4 12% Nov Jan 26% Jan 2 8 94% Jan 3 39% Ftb 12 50 '/2 Jan 20 47% Jan 39% Feb 12 54 Jan 6 23 73 % July 17 58 12 68% Jau Jan 30 Nov 2 12% 102 2C% Mar 29 104% Jan - Feb 1S% Jan 18 102',2 18 reb 38% Feb 27 40% Jan 9 42% Jun 29 27 23% Jan 3 17% Mar i 20 Jan 93 20 3 93% Jan 7 Nov 1C9 46% May 24 Oct 185 Jun Class 5% & Chicago Chickasha Chile 70 Dec 26 39% Dec i 2 19 18 Jun 80% Mar 26 Jan 69% Mar 10 24 % Jan 3 45 8 39% Jail 18 Feb 104 Jan 5 71% Feb 40 % Feb .Cities ■ 60 Jan 23 60% Feb 12 2 Dec 18 3% Jan 16 1% Jan 18 39 Nov 5 50% Jan 13 40% Jan 2 78% Aug' 15 127% Sep 20 141 Jan 5 100 15 125. Jan Nov 98% Dec .20 2% Feb 42% Mar 100 2 99 Jan 139 2 Jan 106 21 Jan , Mar 106% Jan 29 627'8 Jan 9 75 19 94 % Mat 5 78 Jan 3 13% Nov 21 23% Jan' 9 13% Feb 27% May 28 35% Dec 2T Dec 47 Dec 11 3 Nov 30 66 % Apr' 27 59% Feb Dec 50 10 50% July 30 36% Dec 54 41 - - Feb 4%^ Clark 39% Jam ' Apr 5 Feb 13% Jan 78% Jan 5,900 22 19 20 Va 2,600 *12% >58 12% *12 Va 12 % 12 62 *58 62 72% 28% 14 17 22% Jan 12 14 % Mar 18 17 15 34% Feb 3 3914 Jan 23% Mar 19 14Va Feb 27 18 Jan 44 Dec 14 49% Mar 22 43% Feb 26 45 Va Jail Nov 29 110% July 17 Ihlernat'l 102 * <fc Iron 2nd Broadcasting Pictures 54 Edison 14 Consolidated Consol Edison Electronics RR Jan 11 2 10114 Jan 22 $4.50 93% Jan 2 101 % Jan 22 $4.52 95% Mar 27 $4.16 39% Feb 10 56% Aug 83 Dec 27 111% Dec 12 Tfor 891 ,8 Mar Jan 20 2 3 42% Feb 11 48 102 % Mar 5 83 117% Nov. 5 footautee flee- page 28 Jan 3 108'V.Tfcn 18 4% Jan 92% Feb 15 118 Mar 12 Foods of 190 60 3,800 ■, • 105% 1011^ *775 79 No par 14% 14% No par 27% 27% 48% 48% 44%' 43% 8,100 *715 44% 44 44 43% 3 27% 27'A 27;» 27% 28% 49% *48% 49% *48'/a 49% 43 *41 43 *41 43 58 58 58 *56 57 53 *52 54 *52 54 *53 54 *48% 49 49 *53 *41 43 > 58 > 54 *50 " 53 80 *79 ' *79 32'% 32 32% 32 31% 31% 31% 31% 32 17 % 17% 17 U 17! a 17'/a 17% - 14'A 700 28 32 >A 31 Va 60 80 14'A 4% 32% • 90 -300 *775 43% 14'A *57 32% 28J/4 8,300 300 ' . ~40 50 32 32% 31% 32J/4 5,400 X17'A 17% 53,800 8,100 18% *18 18% 18 'A 18'A 18'A *76 % 761.1 *76% 76% *76 Vb 43'% 44 % 43% 43% 43 Va 18'A 76% 43% 2,500 76% 30'b. 30% 30 30 J/B 29% 30 7,100 ig% 18% Xl8% 76% 76 'V *76 % par 4.3% 44 43% 44 3 36 % 31% 29% 30%' 10 3,100 1 30 29% -'9% 29 % 29% 29% 29% 29% 29% 49% 50 49;% 49% 49% 50 49% 49% 49% 49% 3,500 171« 17:% 17% 17% 17 Vb 17% 17', h 17'A 17'A 17% 25 39% 40 89% 40 39% 40 39% 40 39% 40 16,300 13,100 100 com 29% 10 *100% 101 Va 101 No pax 5 10 13% 101% 5'. H 13% 100% 5 13% 100% 5 13% *101 % • 13% 101 101% 5 5 5 5 % 5 13% 13% 13% 13% 7,700 400 101 5% 2,300 13% 2,100 3,300 5,300 44'A 441/2 15,600 105 % 104% 104% Industries—___1 30% 31% 80% 15% No par • Corp^ 5 No par .* 105 301 ;r 31 30% 15% 151t' 15 16 , 15% 1.3% 5 16 41% 16 Vs 16% 16% 16% 19% 42 41% 42 42 421 4*7 47 47 *47 Corp Gas 10 pfd 100 *46% Stores Inc—1 1% No par com 104% *104 "a 30% 105 1.33% Corp ' No par No ner 45 *98 *99% No par of 2nd 2,300 14% 100 *94% 5 18% , *1% 2 45 % 98% 45 VB 45 % 45 '2 46 160% 95% 98% 100 98% 100 98% 99% 95 Va 18% 18'2 J 2,100 17 17 42'A 42% 47'A 47'A 2 1% 1% 2,900 46 45% 46'/a 15.400 99J,2 *94 95'2 18 Vb 2,400 17 97 98% 95% 2.800 16 50 46 100 *94% 31 J/4 16 42'A *1% 1% 104% 31 J/4 16 16% *45'2 1% 1,300 104% 30% 41% B 50 1% • 1,500 97% 98 - 5,600 200 580 98 j 130 99% *98 99% 95V4 *94 95'A 10 18% 8.800 America— i conv 101% .27% 31% preferred 7ft preferred 103 101% 44 % Retail Can 129 103 102 J/a *14'A *41 _,_5 128% 104 Va 101% 14% 59 17% 129% 104% 6,300 3,900 14% 43 J7% *127 101 % 2% 41% 80 *41 32% 129!'» ,104 % 101% 2'A 41% 42 *79 *58 '31% 5,100 68% *101 2 'A Vo 80 *79 100 pld_ » *775 44 Va v'/s _JuC preferred $4.ft(J 129% *101 4 68% 68% *2 42 *127 *127 79 68 2 !'u 411b 2 41% 104 101% 68% 68 2% 129% 103% *773 50 67% 41% 44 Cuba 6#> Corp *2 411a 44% preferred preferred Continental 4 101% 44Vh 100 Baking-,Co com $5.50' preferred _1 ! No Mar 29 129% *100 67% 211. 41 % _No par Continental 33% Mar 22 105 2 19% 43% Common 25 92 29% Jan 99% Jan 40 19'A 44% Consumers Power Co 93% Jan 67% 2 10 * _L preferred Container 36% Jan- 18 40 19% 44 14 104 71 40 JA 19% 44% 49% Jan $5 18 67'A 41% .No par coin 51% Mar 13 106% Jan *70 *39% 19'a 19 130 44 104'/a ol N Y 18 19 70 70 100 40% *39 % 40 3,900 39'A 100 16 'A 43% Dec 28 70 38% 100 100. 9,100 83 14% tConsolidated 31 39% 55" 207 371/4 17 Dec 70 *80'A 20 96J/2 16'A 3 'A Jan Dec | ' 54 *160 83 39 100 3,200 17% *95 55 *80% V39 100 1.000 18 ' 207 *160 80% 38% 39 18 96% 53% 207 80% 100 J/, 17% *95 53 Vj 52% *160 - 84 18% 70 95 Va *37 11 99 88% 100 18 95 Va 40 *14 '/a 39% Feb 88 54 207 *80% 17 In > •? 95 % 40 40% 16 VB 9 28% Nov 2,700 40% 105 14% 14% Jan " 52 Va *160 84 18 40% 16 '/a *102 37% 28 19% Feb 17% *94 Va 40% 40% 60% 16% 105 15% Sep 16 43,100 16% 60% 16% *102 14% Laundries 17% Jan 61% 60 17 105 37 Natural 18 40% 60% 16% *102 15% Consol Sep 17 105 141, Consolidated 23 >80'4 59% 60% 17 60 361-, Consolidated 28 10,300 15% 10 18% Dec 44V4 14%. 28 2 43'/a 36 A Mar 28 84% Jan 2,600 44% 14% Jail 4 44% 16% Jan . 90'A 36% 13% 1 3,800 'A 4 4'/a 15% 58 3 28% 90 44% 141s 2 Jan 28% 91 36% 12 103 •/_> Jan 28% *90% 91% 16% 39% Feb 109% Feb 28 28% ' 14% 15% Jan 112 65,800 36% 26 18 73 % 16% Nov 19 43% 72'A 14% 21% Apr 16 43% July 25 31 44% 74% 36% 44 Dec 43% 39% Corp 19 Dec 43% >, System— 2.50 Coppcrmines 10 93 44 300 73% No par Consolidated .Cigar 8 14 82% Dec 44% 39% preferred Publishing Co 16%: Jan 92 44 100'Va cumul Nast 21 Mar 12 74 2 3'A 70% Co 14% Feb ' 73 ,..V 9 45 62 *90 'A 60 207 Co— Consof 1% Mar 21 *58 45 18 *160 No par Consolidated 1 % 62 91% 96 15 100 Mills " 17 *58 28% 40'A A 55 common 23 Jan 17% *91% - 38% preferred—: 23 23 62 45 *102 2.50 Jan 34% Jan *58 91% 16% 15 com 35%.'Jan 28 12'A 28% 61% _100 Aikman CorpJ 2 Dec *12 '/a #' •V* 105 No par 3 15 40% 100 com Jan 107 60% 16% *102 Corp—Nd par 30% Jan 31 12% 73% 43% 100 36% Mar 12 1 15% Dec *12% 43% ■ 43% coin 18% May 26% Oct 12% t 28% ,90 46% Corp Congoleum-Nalrn Inc J 3 100 Va 73% 72 »/a 73% 45% B 4.64% Conae •Cone 10 Jan 90- preferred.. 100 (The)-— No par Commonv/ealth 1 42% Nov * 9,100 20% 18% 2 27 10,100 70% Jan 26 74 Va 39% 39' DCC 74% 19 44% Mar 19 Hi 73 Va 46 20 16% Dec 22,200 18% 38 % Dec 30% Mar 26 28,209 38% 22 Solvent* 7 29% 22 Engineering Inc ' Feb :A 37 '/a *39% Credit 6 Va Jan 29 38% 50 Commercial 104 291:, 37% 50 Commercial -14% Jan 29 Va stock Combustion 8 900 30 38% 22 . 7 4 56% 21% No par & Co Class A $4.25 11 11 56'/a 36 VB gtd 4% 50% Mar 21 Jan 56% 28% 1 RR 1% 19% Jan 'Feb % 56 36 *100% 09 % 12 5 * 1,800 21 % . 12 13 15,300 19% No par 16 100% Jun 300 18 Va 34% com_ Feb . 3 8'A 18% 25 . Feb 4 33'A *37'A 18% 74'A preferred 17 6 33 'A 37% 18% 24% lty Co com 27 ' Jan 33% *37 33% Co 46% Jan 8% Mar 16' 33 % 38 1,400 30 73 Va 5 18 18 33 Va 100 21 21 *28'/a 24% preferred 13 101 Va Dec 30 21 34 % No par 21% Mar 20 23 *28 Va 101 24% 5 317« Dec 29 30 *99'/a 33% 10 34 31 21% *28% 7,200 • 34% 100 21 Nov *20% 30 300 61% 25 ; 25 * 1 -4% Nov 101 20%- *99% 20% 61% 33% No par I 16% Nov 13% Dec 100% 2,300 61% 241a , 10 24% Sep 100 *99% 12,500 8 73 , luo 44% Oct 42 Vb Mar 100 V* 100'A 10% 26% 34 preferred series B Columbia 31% Mar 18 30% Jail 61 Va 8 26'/a 28 36 % Mar 22 Jan 61% 27 " *26% 5 23 - 61 Vb 6,500 71% Columbian Carbon do No fColuinblis & Soufctiern Ohio EleC ' 3 61% 23,100 25 28 % Nov 28% Jan 61 100% 10% 8 80 27% 44'A 33% preferred Class 4 - 10li 7% 27 5.400 35'A 98 No par Columbia Gas System Inc 11 48 % Jan , . 15 76% Mar 22 Va *97 34 noncumulative 43 % Mar 20 3 2,700 73 A'% 3 G5 33% Mar 13 12 200 72% 54 * 58 8'A par 3 25 84% Jan 10 7% *26 V4 28% & Southern Ry com noncumulative 1st pld- 17 26% Jan 20 10% 7% 34% 99 26% 35% cumulative 2nd 5%% 8 Aug 23 10% 8 35 Va 35% *97 26% 28% Colorado 4 78 35% 35% 1 Colorado Fuel 4 44 % Nov *99% 7% II 61% 35% 35% 4% Jan 01% « 27 35% 5614 Colgate-Palmolive Co 6 Jan « 35% 50% 6 18 36 56% preferred 28 33 2% 64% 56 Va Mar 33% Jan 2% 65 Va 56% 4% 50% Feb 13 4,000 2% 65% 28% 59 21 3,700 2% 10% pfd——_100 11 21 31'A 2% 64% 27% 7% 2 16% Feb 31 *20% com__No par A 1QO common Pitts Coca-Cola CO 33% Jan 29% Jan 31% 2% 62 Va 18% Molybdenum 11 29% Jan 30% 2% 61% 18% Corp Collins <te 19 32 31% 2% 61'A 32% i Climax 25 16 32% 1 2% 61 *37'A guaranteed 1G JA Jan 17% Aug 32 2% 18% Corporation 25 34% Dec 32 % 11,300 32% Ilium Cluett Peabody 5 34% Dec. 19. 22% 10% 8'A Electric— Clopay 8 28 4,700 10'A ' 11 28 50% 10% 37'A Corp Elec Columbia 15% May 28 17% Dec 31 50 10% 18 VB preferred- Special 5 221b Jun 51% 10 Va 37 JA x Equipment Clevite 11 22% Jun 8 Va 50% V* *32% 50% Feb 16 *8*A 50'A 10 18% noiicumulatlve $3.50 43% Mar 8% 49% 8.50 & convertible 22 18 *8% 38%,, Jan 55 9 8% 32% Milling Macli Co Cleveland & 500 101a 18% 5(1% * C di St Louis 5% 17 49% 3714 preferred Jan 47 % Mar 12 51% Mar 12 10,400 32% Oity Products Corp. City Stores Co common.: 46% J an" 14 82 36% *16'A No par Pac __ C«ca-Cola Feb~27 40% Nov 36% 16 Va Ry com Del_50 Service Co 5% % 70% Mar 12 1-8% Mar 29 13 131%- Mar ' 36% 16% 20 Va Oil City Investing Co 4 ' 36% 17 *28 Vs Co—.— C I T financial 20 1b Mar 13 '!• 36% 16% 30 Cab— preferred .Cincinnati 6 4 11 36% 18 _L8 Gas Common 4% , $4.50 97% Jan Jan.- 600 36% *17 21 Chrysler Corp Cleveland 6 111 30 Va 20% noncuin Cotton Copper 14 15 31 30'/a *28 Vb Western Yellow 14 36% Feb 97% Dec 30" 10'A 100 When" Issued C C - 30 49% 25 Chicago Rock Isl & Pac RR—No 39% Jan 22 31 Va 1,100 *8'A 5 preferred scries Chicago Pneumatic Tool- 25 Jan 15 30 Va par 5% Jan 13 1,600 50 A North 83 Jan 43% Jun 150 31% 30'A 40 Western series Chic May, 28 103 98 Va 30'A 814 1 preferred 5% 80 196 98 30% 10% *60% 1.25 preferred Chic Mllw St Paul & 14 26 54% 98 30% Co— A Great 21 30 54 98 30 Va " 50% 1 Manufacturing convertible Jan 16 54 99 30% 36% 17 54 99 30% 10% 65 34V4 Jan 2,900 10'/• 95 % Jan 89% Nov 1,300 16 10% Cab 52% Mar 26 75% July 1« 73 16 44 Chic 7 . 73. 16 45 3Va% 10 Jan 54 % 44 J/a 5 17 % Dec 30 , 75 75 15% 54'A 300 7 ,15% 80 15% 44 Va 5 102 % Feb 25,300 49% 10% .. 1 Chemway Corp Chesapeake Corp of Va Chesapeake & Ohio Ry common 4 17% Mar a 11% 391, 43V4 441b Mar 27 6 400 10% *38% 43% Checker 4 39% Dec 20 Va 10% 39% *31% 36% 10 1 "20'/a 10% 39% *8% Corp-— *» Products Corp—-__1 Inc 20% 10% 39% *75 •1514** 100 20% 10% '80 30% 32 17, No par 20% 500 39 Va 10%. -39% 54 -30%* 36% 5 "20% 19' 43 31 37% Jan 200 *18% 44 28% Mar 26 87 '/a Jail 19 54 9.91a 30% 32 Co„_9.50 — Cincinnati 29% July 10 102% Apr 4 55% July. 10 *18% ' 18% - 43% 77% Mar 13 3 18% 27'A 9 25 3,500 27% IT Dec 35 27% Mar 26 24% Oct 68% 34% 98 Va 7 Jan 68% 34% 27 % 11 37% Jan 68'A 34% 98 Va Mar 27 25 12 43% Mat 68'/a *99 99»A .. , 20 68% 34% 26% 14 78% Jan 24% Mar 27 33% Feb "20 \ 10 „« 13,500 68% 10 1514 • 16 Va 34% 9% 9%. 6,800 34 VB- 1 *75 13,000 69 ' ' 20% ,*39 180 5% 106 98% Mar 27 5 35% Dec 34 Vb • 104% 100 16% *105 26% 38% Mar 27 61 v2 Jan Mar 19 69 34 16 26 8 31% Feb 16% IO5J/2 x20%- 50 *99 V* 105 Va 21 ... 100 16 Va 104 Va 20% A- *98 Va 16'A 104 Va 33% 38%v,38% 75% 75Va 15% 15% 54% 54% 100 16% 106 Va 1,300 18,200 94 Va 5% 94 Va *97 Mar 15 71% Jan *98% •1031/a 5% 94 16'A *68% , 105 5% 931/2' 98 Va 18% Mar 27 21 100 ' *104'/a 68% 0 Chicago & East 111 RR com__No 55% May 28 *98% , -16'% 106 Va 19 Co_ 105 5% 931/2 26% 11 21% Nov 101 10 Va *104% 1 Co_ 105 5% 92 240 22 14'A 98% 30% Mar 11 2 Feb , -16 23% Jan I 10 *103 "92 14 35% 9 28% Feb 87 *98% 911/4 *21% 14' 'A •1-i ' 93 21% 20% 9 £9 % Mar 18 109% Nov 21 12 5% 91% $4.50 4 36% Dec 60 5% 21% No par . 18 31 % Jan 7,1C0 45 14% 100 Gotham Common 62 VB 45 45 *44'A preferred No par Champlin Oil & Refining Co —1 Chance Vought Aircraft Inc 1 ( 10% Mar 28 19 10% Apr 13 44% July 19 11 29 49 2 Jan 61 *18% Chain Belt Co 99% Jail 29% Jan 62% 19 Champion Paper & Fibre 34 60'A 21% Co Sugar Aircraft Chadbourn 1,600 60% Pasco Certain-Teed 58 ( Industries Cerro 56 V2 45 West Corp Violeta Century 77% July 19 13 27 % Feb 57% 21% preferred Central & South 8'A Jan 56 'A 581/a 7 " 54% Dec 10 •/' 7 56 Va 45 Central Illinois Public Service Central RR Co of N J_, 16% Mar 27 28 5,000 56 Va *18% Co ' 14% Mar 24% 22'/a of Georgia Ry com_.No par preferred series B_: 100 3 - 24'/a 45 ; Agulrre, Sugar 4%% - 24% 21% par. 8 Jan 24% 45 Central Hudson Gas & Elec__No p».r Central Illinois Light com No 11 31% Feb 35 j)5% Jan 21 9 41% July 27 1 13% Jun Feb ■5% Feb 24% 22 VB in- 240 •24% 45 % ion 103 24% 14% common 103 24% *21% "Central Jan ' 78 27% Jan, 23 Nov 4 6 45 Mar 14 73 1,400 103'A 103 24% 30 Central -Foundry '•11% Mar 29 3* ,38%.Mar 14 23% ' *44% * Nov 81 23% 23 % 103'/a 1 " ffV'4 Dec 43 23% 23% 103% 58 preferred Central 16 Jan 2,300 23% • IO31/2. 12.50 Celotex Corp common 28 5,100 41% 56% preferred series A-10O conv 20% 41 57 — ' 20% 41'A 56 - 11 23% 20% 41 56 preferred Shares 20% 41'A 57% . the Week 21 50 preferred 6%% conv 2nd Friday Mar .29 20% 57'A 100 Celanese Corp of Aippr coin—No par ,7% 2nd preferred 100 . 8 Jail * 23% Sales for Thursday 40% V 41 55 Va preferred Caterpillar Tractor 4.20% preferred 10 100% Mar 13 >' 20 Feb 1% 6 96% Jan 17 '14% Feb 104 27 5% Mar -., 20% 1031/a PRICES Mar. 28 __10 j Carriers & General Corp., Case (J I) Cq common- 4 23% 104 SALE Mar. 27 5 common ' 11% May 28 '40% ~Io Fowe? & Light Carpenter Steel Co_. Carrier 20'/a 41'A Ohio Ry_l00 & Carolina 6 20% 41 Vb HIGH Wednesday Mar. 26 20 Va ' AND Tuesday Mar. 25 lac (The) Co, (Philip) Mfg Co Carey 22 Va Nov. 29 .„ Airlines Put RECORD LOW Monday EXCHANGE Carborundum 4 25% Jan * , NEW YORK STOCK .. - 26% Jan 38% Feb : / Highest 20% Mar 18 29 % Mar 20 121 EXCHANGE STOCK STOCKS Year 1950 19 Inc com 5 *89 33% 19 90 33% *89 33 par *104% 105 *104% 10 44 Va 45 44% No |«r *90 *115 117 44% *89 32% 104 % 44 J'b 90 92 preferred---100 90 33% 105 *115 *89% 117 117 A 18% 8% *90 90 92 32% - 105 44 12 44'« 44 3 Mt 91 105 91 117% . *116.1/2 *89% 32% 33 *104V2 32 % 195 18% 18% b 117'A 44 *90 117 'A 90 32% 105 44% 92 117'/a 3.800 100 9,800 80 300 ' K 20 The Commercial and Financial (1528) NEW YORK STOCK Kenge for Previous Range Since Jan. 1 Highest Lowest NEW Highest YORK 16% Oct 14 22 12% Mar 26 22 ',4 Feb 15 28 Va Oct 19 22 Feb 20 58% Apr 9% Jan 9 45 Jan 15% Jan 12 43 2 Sep 5% Dec 6 11 6 54% Fen 7 2o% Jan 7 7% Jan 27 62 34 »/4 Jun 1 453/i Nov 15 34% Feb 12 41% Jan ; 5% 58'At Dec 28 51% Jan 21 67% Feb 27 Mar 20 33% Feb 12 43% Jan 8 Dec '20 70 22 23 33% Dec 14 28'A Feb 11 26 52- Jan 31 51 * Jan 22 52% Jan 31 54V* Jan 31 66 Dec 13 59% Feb 15 66% Feo 27 24% Jan 23 • 40 >/• Mar 12 21% Mar 8 27% Jan 5 57 'A Feb 13 69% Jan Jan 19 85% Jan 23 89 Jan 3 Jan 25 93 Jan 8 94% Jan 8 24 28 Feb 11 5 155 Jan 2 19% Jan 21 Dec 26 99 9 4s, 2 Jun 5 99 32% Feb 83 y 27 % Jan. 20 152»/4 Dec 180 V* Mar 7 Oct 5»/a Sep 25 2% Dec 23% Aug 27 30 5 20 6'A Jan .22% 5% Feb 18 6% Jan 27 2% Jan 3 31% F6b 12 36% Jan 15 86 Jan 22 30% Jan 3 28% Jan 19 16 Dec 4 14 11% Dec 11 18% Feb 28 11% Mar 27 28% Dec 7 35% Feb 23 29 69% Apr 3 Feb 2 23 50 Ve Nov Dec 104 27 '. Feb 15% Mar Jan * 38% Jan 16 Crucible 32 Jan 23 Cuba RR 6% 27% Jan 16 14% May 84 16 10 >/4 Jan 3 Feb 13 31% Jan 2 9'% Sep 14 7% Jan 18 28 3 7 % Aug 20 40 9% Feb 60 ; Feb 12 Jan 8 2 63% July 19 53% Feb 21 Nov 19 19% Jan 2 2 Feb 6 28 49% Nov 28 38% Feb 12 33% Feb 14 49 '/a Nov 28 38% Feb Oct 1 65 19 1 57% Mar 28 21% Feb 47% Jan 11 12 47 Jan 11 51 % Mar 29 64 Jan 11 /56 Jan 8 56% Nov 23 21 96 24 49% Feb 79% Jan 12 Dec. 86% Mar 17% Mar 19 10% Feb 12 12% Jan 4% July 16 12% Dec 27 6% May 21 Jan 18 I'; 6% Feb 27 12% Jan 17% May 21 30% Dec 3 May 16 5 25 13 29% Jan 2 34 Jan 13 49 Jan Jan 2 86 Mar 80 % Mar 29 86 Feb 86 Mar 50 Nov 16 76% Dec 19 96 Jan 4 80 83 Sep 27 95% Mar 6 81 Dec Mar 1 13% J»n 2 8 34% Jan 3 27'/4 Feb 11 5 35% Feb 6 28% Jan 2 31 'A Feb 1 28% Jan 14 Delaware & 25% Jan 7 Delaware . 11 20%, Feb 21 8 ; • . ; 31% 23 10% 10% 10% 54 56 56% 56% 57 56% 57% 57% 57% 21 21% 21%, 21% 21% 21% 21% *21% 21% 3,600 l 41% 42% 41% 42 'A 41% 42% 42% 43% 42% 43% 22,000 Devoe & & Western 42 41% 42 41% 42% 42% 43% 43 53% 54% 54 % 53 53% 52% 53% 51% 53% 53% 54 53 53% 52'A 53 85 85 67 *83 11% 11% Mar 29 24 Alkali class A 14 82 4 32 32 32 1,800 47 47% 46 'A 46 Ve 2,900 83% *83 83% 81 81 *83 83'% Douglas Dover 81 80% 88 89% Feb '*86% 34% Jan 110 82 39 Jan 44% Feb 49% Jan -49 50 29 Jan v 24 Jan 31 Corp 15 5,400 46% % 46% 46% 46 46 2.900 40 40 40 40% 40 % 40 y2 3,700 39% 39% 39% 39% 39% 39% 39'% 6,100 65 *62 60 62% *62% 17% 17% 17% 18% 17% 18 Ve *40% 41% 41 41 41% 42% 42% 43 43% 44 38 *30 *30 52 52% 34% 35 *21%. 22 52% 34% * 33% 14% 14%s 29% :29.%,„ 29% 10 10 58% 9% * t 60% 51 51% ,.34'/^ 34% 34% 33% 33% 34 34 22% 22% *22 22 14% 14 % 14%. 30% 30% 30% 9% 9% 59% 59% 10 59% % . 14% 30% 3,200 3,100 360 : *9% 1,800 ; 60% 1,400 10 58% i .600 * 14% y.V, 30% : 900 38 *30 51% 34% v 800 9,000 78 50 *72 75 *73 26 26 - *72.; 76 26% 26 26 25% 26 1,200 10% 10% 10% 10% 10% 10% 1,500 13% 10% 75 > 26 10% . *72 26 *25% , 7,700 • 30% 22 59% 65 51% 22 ;• 14% / *9% 10 58% 58 V4 *62% 30 7 .14% i,29% 65 *30- 52%. 34% ,.3,4% *33% 33% 22% \ 38 51% 33 'A <•>33%. 14% , *30 38 52 34% *33 • 13% 13% 13% 13% 13% 13% 3,300 78 *73 78 79% 79 'A 78% 78% 23% 22% 23 % 23 * 23% 78 23 V* 22% 23 22% 22% 4,100 56% 57% 56% 57% 56% 57% 56% 58 57% 58% 25,100 50c Industries 78% 1 5 Co_ 52% 53% 52% 62% 52% 53% 53 % 53% 52% 53% 13,100 17% 17% 7% . *17% 11 % 11% —No par 79% 11% 7% 7% ■ 12,800 18 *17% 18 17*8 17% 17% 17% 11% 7% *10% 11% *10% 11% *10% 11 % 200 7% 7% 7% 7% 7% 7% 2,500 179% 180% 179% 180% 10,700 109% 1*0 109% 110 600 (E I) de Co— g 179% 180 64.50 series jlo par 109% 109% $3.50 -No par 87% series. 36%' -10 common. " 88 *87% .88% " 36% 43 % 43% *43% -50 *43% $445 preferred 4% preferred 4.20% preferred— -50 *47 49 *47 49 -50 *46 46% *45% 46% *45% .50 *48 -48% *48 48% *48 4,10% 1*47% 48% 12 46% Jan 18 48% Jan 29 54 Feb 24 50:; Jan 22 50 22 U 14% Jan preferred— $2.10 preferred -50 Jan 17% Jan 3 16% Jan 10 DWG Cigar Corp. —ft 40% Feb 12 179% 180% 109% 109% 36% 36% $3.75 preferred 43% 180% 109% 89 *88 88% 36% 36% 179% *109% 88% 36% *88% 800 17 43% Feb 14 48% Dec 57% Aug 26% Nov 28 37 % Apr 5 8 19 38 Mar 23 26% Feb 12 47 Jan 7 51% Jan 4 29% Mar 29 Bagle-Plcher Co Eastern Airlines Inc. Eastern *43% 43% 43% ;200 *47 % 49% *47% *45% 46% *45% 49% 46% 10 46 48% *48 48% ♦48 48% 45 *47% 48% *47% 48% *47% 48% *47% 48% 53 *50 53 *50 53 *50 53 *50 53 15% *15% 15% 43% 44 .1 391% 39% 10 27% 27% 31% 81 48% 84% 85 -10 15% 15% 15% 15% 15% 1,500 23 150 Dec 54% Dec 100% July 17 18 170 51% Jan 23 22% Nov 30 74 94 Dec 35% Nov 17 ' 158 % Feb 64% Jan 14 23% Mar 21 77% Mar 15 27% Jan 14 Jan 3 21% Dec 18 5 2% Nov 28 4% Jan 3 32% Dec 14 27 20 47 Apr 12 44% Feb 10 27 Oct'Si 34 May 16 Nov 20 17% Mar 20 150 Mar 12 81 Jan 11 34 'A Mar 14 40 Jan 16 90 4 90 Feb 4 1 21 % Ju n 9 Feb 18% Mar 30% Feb 3% Jan 31 Feb 11% Jan 11 2 38% Mar 13 4 35% Mar 2 14 Ve Jan 6 36% Jan 17 3 49% Jan 61 Jan 28 29% Jan 15 33% Jan 23 28% Feb 13 31% Mar 28 3 29% Mar 21 5% Mar 8 32% Jan 3 6"% Jan 14 19% Feb 15 21 32% Feb 15 34% Mar 15 15 89% Jan 34% Mar 9 23' 98 5 25% Jan 11 19% Dec 31 32 % Aug 9 23% Mar 29 27% J an 18% Feb 86 71% Jan 3 77 59 7 62 58 Dec 12 ' go» footnotes 11- see Jan Feb 2 July 18 page 28. 84 Feb Jan Jan 7 14 5% Emerson 31% .31% .'.31% 81% 81 %/ 81% 50% 47 % 49 % 2nd 57% 23% *77% 44 44 44 y8 1,000 37 44 'A 38 38% 38% 14,100 29% 4,600 35 % *90 152 ./ 80 84%, 85y4 *151 ...153% ./ 57% 57% 32 Ve 32% 81% 80 3/4 81% 80% 81% 850 48% 50% 50 Ve 52% 51 52% 29,700 85 85'A 85% 85% 85% 86% 9,100 . ' 57 32% 7 12,500 57 Va 1,500 24% 2,500 80 *77% 80 351/2 *35% 35% *90 94% *90 94% 19 % 191/4 *19 19 y4 36 y2 36% *77% 35% 94% *90 941/2 35% 19 % ft 36 / 36% 35% 3 6 >/2 36% 36% 3% 3% 3% 12 12 33 V* 33% "47% *55% 3% 34% 3% 3% 33% 34 33% , 33/4 33% 34 4 33% 12 12 11% 11% 32% 33 32% 35% 50 *47 Vs 50 •47% 50 *47% 57 *55 57% *54% 12 12, 32% 33% 50 57% 24 % 19 34 154 56 34 24% 80 35% *90 *152 56% *24% *77% . 94% 154 57'/2 24 3/4 ■ *24'/4 19'/4 preferr . ' . 24 y2 18% 15 . *152 153 152 j '23% 35% —10 50 *77% 35% 361% 80 35% 36% 1,300 — 2,400 „ 11,400 3% 3% 52,700 *33% 33% 1,200 11% 11% 900 34% 35% 24,000 *47% 50 56% 57% 57% 59 60% 31% 31% 31% 32% 32% 33 32% 33% 33 33% 56,300 3 29% 30 30 30% 30% 31 y8 30% 31% 31 31% 26,700 4 29% 29% 29% 29% 29% 29% 29% 29% 2,600 Gas ! Mfg 32% 81 r . . 18% lo 28%. 29 321/4 18% Amer shares B Electric „ 24V4 . 00 Natural „ 1 common conv 31% . " inn preferred Paso 28 57 -100 Electric & Mus Ind Class 27% 152 -2.50 Electric Storage Battery El 39% 27% 1 f. C# common preferred Co 38% 27 3 4 2 Elastic Step Nut Co Electric Auto-Lite (The) 5% 44% 39% 27 % 100 preferred Products 4%% 17 31% Dec 27 7 4%% Ekco 18 53% Mar 14 Sep~12 preferred Eaton Manufacturing Co Edison Brcs Stores Inc common Elgin National Wtftch Co 30% Feb 47% Jan 30% 10 com Co common——10 Elliott 13 13 13% Jan Dec 6% Kodak 31 30 21V8 Nov 70 1 57% Dec 31 Nov Mar 28 8 34% Dec 50 ' Jan 19% Dec 20 1 Eastman 28 55% Feb 28 3 10 41% Jan 87 4 29 32% Nov 29 5% Dec 90% Jan Oct 50 31% Oct 13 Jan 106 29% Dec 81% Feb Jan 15 25% 4%% prior preferred —100 Eastern Stainless Bteel Corp____ft 66 26 21% Jan 3 30 17' 30 Dec Eastern Gas & Fuel Assn 5 53% Jan 13 12 Nov 11 5 81% Mar Mar 12 41% Feb Apr . 16% Jan 90 32% Mar 80 23 75% Jan *43 3'4 44 39% , ' 30% Mar 13 29% Jan *43% " Corp Co 29% 29% 900 Emerson Radio & Phonograph Empire District Electric Co 5 5% 10 20% 20% 20 % 20% *20% 20% 20% 20% *20% 20% Endicott Johnsoh Corp common 25 33% 33% 33% *33 'A 33% 33% 33% 33% 33 % 85 86 33 V* 86 85 85 30% 31 % 30% 31 % 31 31% 31% 31% 6.600 19 19% 76% 19 % 19 Va 19 19% 18% 19 4.400 *75 7.6% *75 '• 65 *60 65 *60 ; 4.% preferred 2 31% Feb 7 Equitable Gas Co. 12 20% Jan 7 Krie RR common Feb 1 Feb 28 5% preferred series A_ Erie & Pittsburgh RR Co i©p 8.50 -No par 100 50 6 5% *85 6 ' 30% 31% 19 19 Va . *75.., 77 *75 *60 65 ♦60. C . 5% 6 1 1 7,100 49 15% ) i 36% 45 49 I ; 300 36% 36% 15% *50 -50 '. 89 E 36% Feb I / 40 l Co 900 2,200 39% 62% No par A : 2,400 ' 45% 17% _1 . 11,700 39% 65 2 Corp Chemical Duquesne Light Co - ' 2,500 . 45% Preferred 7 14% 30 88 2iy4 39% Preferred 36% Mar 18 21% 21% 17% 25 Common 1 21 17% 50c Duplan Corp 2 1 *86% ; 21% 40 *62 Drewrys Limited USA Dunhill International Mar 27 21 39% 1 Corp Aircraft/ 88 *86% 45% 10 common Mines Ltdl ' Jan 13 32 47% 39% . 78 15 110 88 No par 28 , 300 32% *83 21% xl3% Jan 192% Jan *86% ,21 10% Jan . *12% 3,400 47% 81 88 13% 9 42% Jan 50 11% 6% *6 13 3,500 87 ll'A 6% *12% 3,700 32 82 *80 13 *83 11% *6 ; 2,600 52'% ' 52% 87 11% 6% *12% % 21% 10% 18% Jan 46 82 ."*5% 83% 13%. 12 43% Jan *83 No par 2 176% Mar 6 83% *83 ~ 11% 43 17% 52% Jan 5 *83 No par 1 29 47 87 11 I 32 47% Dome 2 18 31% 47% 15 17% Jan Feb *12% 32% 47 14 11 Jan 13 6% 13 " 31% 2 Co Dixie Cup Co common 5H conv preferred series Dresser 52%, 1 Stores Diana 8 54 *5% * 6 11% Dobeckmun Co (The)— Dr Pepper Co 83% Jan 53% Mar 6 11% 1,000 53% iff Match ; 55% Jan ' ' *12% 100 $1.50 cumulative preferred Diamond T Motor Car Co " 50 18 ■'■V 6 53% *83 • 18,000 10% l 34 42% Feb 104% Jan 27 10% 10% l Hudson du Pont de Nem Feb 10% 42 .5 . Raynolds Diamond Dow 5 10% 53% 100 Detroit Steel Corp De Vilpiss Co 2 6 10% 10 Diamond. 38% July 12 '• Dec 11 *53 X46% 25 Jan 12 1,000 20% 1 No par - 46 Jan 67 Jan 32 No par common common preferred 56 % Mar 26 "7% Mar *31% 19% 61% Mar 15 75% Mar 12 20% Jan ' 3,200 27% 29 14 21 32 19% 14 28 10% *31% 27% Jan • *31 % 32 19% 91 Jun *31% % 28 24% Jan Nov 32% *31 2.50 191/4 11% Jan 14% 2,200 27% 14% Jan 47 8% 19% 2 19 81/» 27% 12% Jan Dec 8% 8% 19% 16 % Mar 21 44% 8% 8 27% 2 Dec 8% 19% 10% Jan Dec 8% 28 9 46 8% 19% 2 43 4,800 8% 27% Mar 1* 44 • 9% 61% 19% Jan Dec 22% 9% 61% 28% 75 - 22% 9% 61% 28% 28 95% Sep 22% 9% 61% *19% 23% Jan 9% Mar 14 23% Dec 22% 230 &C 5 39 22% 500 32,200 31% 27 10 Divco-Wayne 3 ■22% 30% *25% 62 24 • 23 .23 t 9% Distillers Corp-Seagrams Ltd—*—2 99% Jan 23 31% 27 No par 8 26 23 30% *26 30 '/e 17 20 27 29% 24% Feb Jan *26 14% 47% Feb 83% Dec 26 % 29% 62% Jan 33 30% 26 % *61% 14 Apr 121% Feb 29% 9% 14 237 30% 26% 29% 5 29 16,000 99 15% 17 102% Dec 28 2,100 50% 30% 23 175% Nov ? 29% 50% 16% 15% Jan 3 29% *98 9% ',34% Jan "11% Jan 17 30 30 v 700 4.400 10,200 61% 2 21% Feb 12 10% 14 ; 11% Jan 15% 11% 61% 29% Feb 21 12%, May 23 15% 11% 30 60% Aug 1 15 11% *29% 75 Sep 39% Apr 14 14% 12 28% 15% 29 Jun 28% 15 11% 29% 12 6% Oct *28% 14% 12 % 30% 26 10% 28% 14% 12 14% Dec 16% Nov 23 28% 14% 9% 16,% Feb 23 44% Nov 20 *28% 14% 12% *61 % 39% Mar 82% July 5 50% Dec 31 28% fi 37'% Mar 13 , 14,000 12% 30 2 10 29 ? 29% 31 Jan 90 *28% 1,700 36 *84% 29% Jan 72% May 28 18% Dec 3 35% 90 15 39 57 35% 35% *85 ' 30 % 26% Dec 7 ,1.900 2% 14% 57% Jan 12 Mar 29 Jan 6,900 5% 2% 29% 40 19 211% *5% 2% 30 9 23% Oct 20% 5% 30% 47 21 31% Jan 21% 2% 35% 90 170 *5% 15 Mar 12% Nov 29 35 21 . 29% 44 Apr 2% 29% 10 Detroit Hillsdale & 8 W RR Co 13 5% *2% 15 Jan 7 5% 2% 29% 37 Dec 21% 5% 2% 30 2 10 21% *5% 20 Co & 7% 23 Nov 21% 5% 2% 10 Jan 62 21% *84% 10 16,800 ' 50c 22"% Jan 17 162% _8 common 65 35 V* Jan *159% 163 31% 11 15 162% V 900 4,800 88 *931/4 : 95% 29% 30% Deere Mar 18 27 *159% *86% * Decca Records Inc 17 Nov % 26% Delaware Power & Light Co 13JS0 Denv &. Rio Grande West RR_No par Detroit Edison 20 Feb 30% 30% 2 ♦Feb 95% 14 61% Jan T 49 21% 162 88 *93% X29% 24 12 : 161% *86%. 95% 30% 2% 30 100 29 13% Aug 27 161'% 160 88 • Jan 16 18 May 25', 29% 31% Jan 26 9 *93% 30% < 14%: Amw...-12.50 41% Jan 6 *86% 95% 29% 21% Jan ; 88 *93% 67% 98 79 3 *86% 93% 300 23% 66% •86% 43 % Dec 29 88 30% ,*23% " 50% 39% Jan 32 67% 29% 2 38 23% 67% 98 28 51 23%' 50c 24% Dec 29% Nov 67% 100 9 13% Jan t 68 50% 25 17% Jun ; '67:r4~ Dayton Rubber Co 9 :• 31% •: ,24 < 291/4 38% Jan 20 67% ; 37% Jan Dec 52% *66 98% 41% Feb 60% Aug 13 44% Apr 5 33% *50% 66% 51% July 25 23 33% 52% 65% 8 Feb 31% Nov 24 !■; .( * . ,, 30 May 14 38% Dec 14 32 Apr 11 43% Jan 31 ■ *64% 23% Jan 14% Feb 26% 33% *50%. 68%' *50% 98% Inc Lack 26% Feb 13 19 % Mar 28 500 5,800 ' 24 28% - 100 4 32% 52% 66% 24 32:% .32% 52% 50% C 27% Dec v 32% 65% 65%. 29% B 25% Oct 48 12,500 32% *50% . ' 51 series 12 23 36 % 98 'A series 4 Feb 38% Jan 37% 30 3.90% Jan ;.L 33% Jun 25 64 Nov 7 371/4 . 50 5it Preferred 82 21 27 37% 55%; 5% 100 1 47 36% 35 A 25 25% Apr 26,300 36 % 35% 63% 37% 90 series Sep 31% May 18 11,800 62% 34% 3.75% Feb 8 57% 35 % 63% *84% 3.75% 29 10 56 % 35% 62% 90 Preferred 99 18% Sep 57% 35% 63% 35 Preferred 8 26% May 28 56% 35% 61% 34% 4 18 36% Jun 55 % •35% *84% 27 12 16% Mar 12 56% 35% 98% preferred series A 12% Dec 14,600 62% 69 21% i';// j 20% Jun 7% 36 j:' 52% 66 160 Davega Stores Corp common 2.50 5% convertible preferred 20 Daystrom Inc 10 Davton Power & Light common 7 2 24 400 7,600 . 7% 51 Corp common 3%% 5,600 50 7% 99 Dan River Mills Inc 25 43% Feb Dana 23% 49% . 7% 98% Class A 9 7 50% 50% common Cutler-Hammer *22% 23 v 5 . Publishing Curtis-Wrigbi 1 31 44% Jan 32% 30% a com $4 prior preferred Frior preferred $1.60 25 50 60% • 11% Dec 22 32% 2.50 Cunningham Drug Stores Inc Curtis 23 51% ' (The) Cuneo Press Inc Mar 11 23 13 % 100 Cudahy Packing Co ,4%% preferred 11 17 23 Feb 55% 1 *64% l pfd Sugar Jan 9 12 20 79 » ■ 19% Dec Nov Of Co 'Jha res 12% 12% *35% 35% *50% J noncum 33 % Jan *■ - 50 1 common Corp 65% Jan 11 /, 11 26% Jan 9 Steel 12% No par Cuban-American the Week - No par 5 12% * — preferred 2 Friday Mar. 29 ' •7 . 37% V l Zellerbach $4.20 7% 63 Corp Jan 10 47% Oct Crown 7% ' 28 of Wheat Corp 19 26 53 18 7% 7%T 57% 36% $2 preferred 11 Feb 50% mo Cfown Cork & Seal 29% Mar 12 Nov 52% Oct Jan *22% 51 % 61 ',z 100 22 Ve Feb 26 Dec 6% Jan 57 100 2 7% Jan 31% Dec 18 22% £6% preferred Crescent 22% •50% *35% Corp ; Inc International Corp Cream 8 12% -ft Petroleum 23% July 25 14% May 28 ■ ; 12% . .14 preferred 3%% 17 31 % Feb 11 7 12% , -—5 Crane Co common 7 13% Jan 50% Mar 29 92 4 Mar 14 29% Jan 2 31 - Refining common-1© 25% Dec 13 Jan Jan 7% ; 2 2% Feb 14 % Dec 7% Coty Coty 3 80 28 Va Oct 65 Cosden 7 Dec 14 7 97% Mar 79 91 4 May 29 3 4 Products Mar 18 Dec Corn Sales for Thursday Mar. 28 52 Dubiller Electric Corpr_ i *23% Corning Glass Works common : ft '—67% 3 % % preferred .100 *86% 3%% preferred series of 1947.100 9-3% Mar 164 Delaware preferred conv PRICES Mar. 27 23 Cornell 30% Mar 22 42% Mar 26 33 6% 2 6 29 50% . 5 \ oi SALE Wednesday Mar. 26 13 23 25 Motors Oil 12% Copperweld Steel Co common __ft 5 % conv preferred 1—50 14 87 V* Apr Dec eoy, Nov L preferred Insurance Continental HIGH AND Tuesday Mar. 25 2 — Continental Steel Corp Cooper-Bessemer Corp Cooper Range Co__ 33% Mar 28 49 Vz Apr convertible Continental 2 23 41 Mor>dav Pat Steel & common Continental 14 25/2 Jan Jan 8TOCK Copper Industries 7 53% Mar 2 Jan LOW EXCHANGE Continental 12% Feb RECORD STOCKS tear 1956 Lowest EXCHANGE STOCK Chronicle... Monday, April 1, 1957 5% *85 6 86 5% *85 V4 6 86 76%. *75, 76 y4 65 *60 65 4,700 1,100 ! 700 120 Volume 185 V . 4 Number 5625 . 'I * ** ' The Commercial and Financial Chronicle -.. (1529) _ NEW YORK STOCK EXCHANGE STOCK Range tor Previous . ; Highest - Lowest 20% Dec "*Y5Vii Jan 62 V* Jan 29 Mi 4 - 20 20 96 •> * Range Since Jan. I Lowest Highest IV , July 17 Mar 23. 22% Feb 13 .14% Feb 5 25% Jan 16% Mar 22 38 Ms May 1, Aug 85% Mar*12 :t •-59% Dec 26 ; 10% Dec V 7 -!'15%*Jan • 3 ; ' 16 68% Sep -20 25 Ma Mar 05% Feb - • 7 22% Jan 22 . Feb 31. 5% Dec 10 Oct 2 • 53 Ma Dec '7 >1'4% Jan 17 24 . 16% Jan . ' 13 si55 Dec Me Jan '5 11 •' '• ?[ 13 V« Feb 23 -24 Mi Dec 10 Pansteel Metallurgical Corp..:; 77% Jan 14/ Farwtck Oogp 14 Feb 14 38% Jan .2 18 Ms Mar 12 227/. Jan 11 >36 15% Mar 29 58 Mi Mar 28 «. - 29% Feb 1 -36% May 18% Dec 4 21% Sep 30 Mb Dec 26 8 Dec 3 25 Aug 14 26 Ms NOV 29 29% Nov 100 32 7 10 Mi Jan Federal -35 Mi Jan 24 5 20 Mi Jan 31 21 31 Mi Jan 4 8Mb Feb 6 2 Felt Feb 26 27 Ma Feb 1 27 25 39 Ma Mar 23 11 Mar ., 9% Jan 27% Mar 28 Fenestra Ferro 10 May 1 27 Ma Feb 12 1 135 May 1 98 Feb 8 103 Ma Mar 11 61 Mar 26 47 Mi Jan 7 56Ma Mar 21 29 32 Jan 26Ms May 30 Ma Feb 1 53 Nov 19 68 Feb 10 101 MJ NOV 14 47 Dec 91% Jun 26 16 98 61 Jan 7 47 2 Flltrol Corp Firestone Tire Mar 12 51% Jan 23 10 Mi Mar 28 12 Ms Jan 4 34 Mi Feb 4%% 39% Mar 19 12 Firth (The) Flintkote Dec 27 105% Mar 14 91 Mi Feb 18 94 Feb 21 12 Nov 23 21% Mar 12 11% Feb 8 14 Ma Jan 10 41% Feb 16 54% Aug 14 49% Feb 19 53 Feb 8 Florida 13 50 Mi Aug 2 44% Jan 18 48 Ms Jan 4 Florida Power 18 43% Jan 3 Food Fair Dec 12 83 Ma Dec 10 5.1 Feb 13 77 July 109 Feb 13 159 82 Nov 30 100 62 > 35% Feb 11 9 88 Jan 11 91 6 53 Feb 12 62 % Jan 2 July 6 111 Feb 4 128 Ma Jail 3 Mar Florence Apr 102 Mi Mar . 5 84 Ma Jan 51% May 28 63% Mar 12 54 Me Jan 16% Dec 27 21 M» Jan 16 3 Mar 28 2 17% Jan 13 42 Va Jan 18 8%Feb 24 13% Nov 28 11 Ma Jan 2 15% Jan 31 13*8 Mar 12 11% Feb 11 12 M« Jan 3 July 18 14 Feb 9 22 Dec 11 79 Ma Oct 4 86 Jan 16% Mar 22 16 Jan 2 38% Apr 19% Feb 20 25 24 58 % 86 7,700 86% 4,500 86 Va 103 Va 49 Ms 37% 96 12% 12 Ms 51% 51 Ms 46 40 40 40 Ma 89 89 89 57% 58 Ms 40 ;■=•. 98 12 123k *52 Vs 46 VB 10,600 40 Ms 4,000 40 40 *91 120 *91 93 *91 93 | -f" 12 Ma 46 Ma 57Mi *118 ■ c 53 91 128 ' ... 12 Ma .=• 57 Vs *118 l,o00 98 52'/a 4o7b ; 40 Ms 2,300 -3,900 ; 46 Mb Mi 52%. 91 58 500 1 2,200 98 57 Mb 100 4,900 57% 167 367n 37 Mi 37% 3 7 Mb 13 V 12% 127« 11%' 12 12 *118 122 91 57 37 ">b Ms *94 91 57 Ms ■ 10 Mk 38% 40 Mb *89 ' 497k 10'/s 38 ' 91 56 Mk 57 Mb 55% 56 Ms 24,800 16Ms 16% 16 Ms 17 Ms 13,200 38 Va 387k 39 39 Mb Ms H 38 % , *118 122 *91 93 110 Francisco 16M2Jan 80 Freeport Froedtert 8 Jan Co Sulphur 9 24 Ms Jan Sugar Fruehauf 14 13 No par Franklin Stores Corp .11% 1-1 Co "102 __10 *16 Corp Trailer Co preferred 4 7% Mar 14 46 Ml Mar 26 54 Jan 10,600 8% Jan 14 36% Jan 15 15% Feb Co 19 Garrett 7 —_1 (The) 16 20'/a • 20 Ms *12'/a 12% 11 Mi 11 Mi 300 101 102 101 Ms 1017k 8,400 16 " 102 16 16 Ms *15% , 12 12 12 ( 7 20% M? 20Vk 20 73 Ma ' ; ; % ,,73 Ma 20'b • , 16 2,100 *16 - 500 20 Vi 20'/« 24,000 " • *73 Ms / : 7 !k 10 74 73 Va ^ ' 31 Va 381 { 1—5. 73% v '7 Ms *73 Ma 75 110 . 7 Mi 7 Ms ' 10 Vb 10 427k 317h 317 k 32 38 Mb 387k 38 Mi 7 Ms *7 Mb *46 Ma 32'/s 39% 39 Ms 46% 46 Va 46 Ms 7Mk *31 Ms 7 Ma 46 Ms 46 Va ; 44 1,100 V 10 10 44 38% *42 Ms 10% 10 *42 Ms 32 38% 47 ' 7 Ms " 10 Vk 427k 31 Ma 46% —2 ; ~ 427k 7 r.:j i 10 *42 Ms No par Co (The)— Corp 16 20 Mi ,7 4 Ms' 102% Ms -H% 12% 12 • (The) Co " 16 Mi 20% —100 Gardner-Denver 2 12 33 Ma Mar 29 Gabriel 100 74 _1 common • 4% 104 12 % *117« 100 * *42 Ms 3,200 100 43 31% 500 *39 39% 1,600 47 48 Vs 4,400 31 Ma ' 9% July 17 7 Mi Feb Gar 1 7 Vs 7Jk preferred——50 Acceptance Corp —1 *33 7k 34Va Wood Industries Inc com 7 7Ma' Mi : *7 Ms 7 Mb *337k 34 '/a 7 Ms 7»/s 33 Ma 33% 5,600 ' July 16 39 16MaAug 13 12 3Ma Jan 6'/a July 4 33 M4 Jan 14 Mi Jan 30 24 60 Mi Oct 9 51 Jan convertible 4%% General 147» 34 Mb , 15 34 Ma *147a 2 99 Ma Jan 3 31" 17 Jan 142 26 Ma Mar 28 34 24% Jan 23 41% Nov 80 Ma Dec 13 97% Feb 30Ma Jun 12' 40 Oct 13% Dec 138 6 : Jan 17% Jan 27 23 6% 7 convertible 15 26 10 15 Feb General Baking Co common - 17 134 Ma Feb 14 26 Ms Jan 11 General 6 42% Mar 28 13 84 Jan 9 86 251 35 Mar 6 38% Jan 124 Jan 7 13 M2 Mar 29 3 Kiar 130 ' 5 2 $8 Bronze General - ,Mar 25 14% Jan 22 11 Ma Feb 20 12 Ma Jan 22 54% Jan 21 61% Feb 18 General 52% Jan 23 2 52% Feb 3 59Me Jan 2 General 17 Jun 11 15% Feb 21 •43 Oct 1 40 12 44V« Feb 6% Dec 31 P442 8 Vb Jan 61 May 19 73% Dec 9 108% Dec Apr 26 ' 10% Mar 20 122% Mar 11 • * , 18 110 Ma Jan 1 *• Dec 31 124 Ma Feb /Dec 27 lOlMi Mar 15,:" 11085 Feb- 31 37% Apr 1 34Ma Oct 23 Nov 28 17 5% Aug 20 60 75% Ju*yl7 '53% Feb "24 ♦ 69 25 Jan 2 M 36 Ma Feb - :. -2 4% Feb May 25 38%' Mil r 28 Nov 34 . 12 34% Jan " 34 24 -Jan 19 14% Feb. 9 34% Jan 4 24 Mi Nov ■* ' 2 Jan 13 43% Jan • 47 Mi Nov 33 8 24 Ma Feb 6 : 8 29 66% Apr Nov 27 74 Dec 26 84 75 Ma Nov 25 Ma Nov General General 7 32% Feb 12 2 39% Feb 12 43 % Mar 5 General 28 Mi Feb 12 30Ma Mar 7 General Time General Tire 55 Mi Jan 7 Jan 23 108% Jan 7 71 Feb 1 Telephone Sep 10 73% Jan 3 28 86% Sep 12 78 Jan 2 27 37 Vs Sep 12 25% Jan 21 18 45 Mi Jan 24 56M»Mar25 Gerber July 24 43 Ma Feb 12 59% Mar 29 52% Sep 61 104 Ms Mar 15 4%% Corp 81 Getty Oil Co 13 23 58 Ma 567k 57 16% 167k 167k 43 Mb 42% 6% 6% 6% 613 '4 61 Ma •62% 62'/s 62 Mi 112 Ms .39 Ms 39% 39% 114 Mi 114% 114 Ms *91 40 Ms Jan 12 54Ma Aug 23 3 62 Ma 41 Ms Feb 12 31 MB Nov 3 ' 7 23% Jan 22 90 Dec 97% Mar 21 90 Jan 2 34 Ma Sep 23 41 Ms Mar 9 34% Feb 23 3 Sep 14 5% Jan 25 3 Mi Jan 2 21 - 6 Mar 14 153 66 Oct 60 Jan 163 Nov 23 80 Mi Mar 25 1 160 Jan 66 Ma Feb G 23 34 Dec 27 70% Feb 12 28% Nov 30 36 Apr 18 31% Feb 7 44% Jan 16 60 Mi Sep 13 48M» Mar 12 • , 10% Dec 27 2% Feb 3 20% Mar 1.3 29% May 28 34- Feb 14 36% Aug 9 60% Dec Coitf——5 Rubber 33 137 Ma Feb 4%% 4 " •32 4% %• 83% Mar 29 82% Mar 27 ♦ 29% Feb $5 11 ,, 32' 7 16Mb *43%/ 27 8 Products Co 28% 42 Ms .' 66 Va % Feb 46 5 ' 83 817k 267k '' 53:,;: 53Mi ' Gimbel Brothers '' —1—1 Co—— 26% Mar 26 91 $4.50 Mar 18 *8' ^ 14 4 Ms Jan 30 Goebel 160 Jan 21 Gold 75 Jan 4 Goodrich Co 83 Ma Jan 2 Goodyear Tire <k Jan 2 Gould-National Batteries Inc.. 57% Jan 2 Grace 35 Co (The) Co— Telegraph Brewing Stock 8c Jtr%' 39 39M4 I,600 63% 64Mb 3.300 \, •32Mb 4%; 4 Ma 35% 353k v| 137« M.16 11 1 32 * f JfV 27/ :33Mi 41% 337b 42% 417 k 42 *28% 29 28Mi 28 : 33 67 107 104 125 '83 85 81% 27 Vk 56 Ms 55 56 Vk 55% '82 ' 55 7 k 457kJ ' 46 Ma 25%: '26% & Co 26 Ms *90 . 25% 35%, 35% 4 , 4 70 Mk 71 '/a 70% 75 75 75 Ma 75 Mk 4 34 Mb'1 34 ' •'• 34 34 1 48 < 43 48 Mk. ... » 163 ' 48% / . 1% Jan 2 1% Jan 2 Graham-Paige Motors.: Granby Consol M S 8c P Grand 59% Jan 31 Ma Mar 13 36 Ms Feb 79 Va Jan 86 3 Union 2 Granite 6 Feb Grant 19 3%% CRy (W T) Co (The)— Steel Co „— common preferred ^ 1% 9% No par 5 5 29 . 47% —12.50 9 ■' 97» '48% 47'a " . > *85 Nov 29 Nov 7% May la 14 29 79 38% Oct 41 Ma Aug 19 Mi Oct 2 25% Nov 32 Jan .79 Feb 3 85 Jan 54% 59 Mk 44% 45'% 25 3 26 14 40% Feb 25 11 9 3 1 20 11 131 79% Jan, 10 72 Feb • Mar 19 / Feb 12 33% Mar 12 26% Jan 2 21% Oct 17% May 10 18 Ms Feb 14% Jan 2 96' 80 Ma Jan 15 45 Ms Jan * Gt Northern 11 Jan 22 78 Jan 11 Ore Propa.No par 25 Great Northern Ry Co——Nopar Great Western Sugar com—No par 7 21% Jan 138 Iron *81 83 - Great Northern Paper Co " 7% preferred Green Bay & Western RR „ 30% Mar 28 Green — (H L) Co Inc_ 100" 100 11 ' - 42% "20'% 131 *72 5% 5% 31 Mk 83 83 4212 41% "• 20% 20 Ma 132 IT' 75 " *72 •V t 37b 27 pot foomotea .see Jan 30 3 page 28. 3 1,19 % Jan Greenfield Tap & 14 89 Feb 13 Die Co^p-.No par .common— .3. preferred— —1 _100 Greyhound Corp (The) 16% Mar 29 30', : 4Va% 87 1 i ' * 163 70 Ms 70% 75 Ms 75% 34 34 Ms 34 Ms 33 Ma 34% 1,900 49% 49% 50 Mi 50 50% 28,300 Va 1Mb 1mb 12,900 1 1Mb lMa 9% 9Mk 3311 6 6 6'» 33% 86 Ma *85 86 Ms Mb 29 7 48% 49% 32 Ma 33 Mb •85 6 Ms II,300 9 M. 2 9 Ma * 10,200 1,700 3,500 s . 7,900 2,100 86% 6 Ms 15,500 500 31 Vs 31 % 31 Vb 31 Mb 31'/, 83 83 33 83% 83 Ms *83 Ms 84 Ms 1.000 42 42 42", 42% 42% 42 Ms 7,900 20 Ma •20Mk 42% 20% 31 M„ *31 MB 20 Mk 20% 132 131 75 '*72 15% 851 a 85% 132 18Mb 16 Ms 85 85 132 132 75 •72 2,000 150 75 30 % 30'/» 157b 132 *72 75 18% 18% 20% 20Mk 131% 30 30 % 15% •' 15" 4.100 70 Mb 33% 6 4 75 Ms 33' G 100 2.400 35 Mi 75% 48Mk 18% 18% .15' *86 •156 13,100 ;•' 91 70 9% 30 30% ~ *18M 37k 4 49% 1 26 Ms 35 Mk 29% *85 20.200 26 . 163 *156 100 45% *90 . 35Mi 39,400 8 Ms 44 Ms , 91 9% ' , s 91 ." 35'/a 28 % 33Ms 1,100 " 47 Mi 86% 17,500 •8 28 3 i *85 820 28'/s 58 Ms 8 8 48% 9 Ms 82 Ms 28 54% ' 48'k •33 31% 5% Ex-distribution 9 23Ma Mar 27 79% Dec 12 149 Ma Jan - 20 Ma Dec 14 Mi Feb 18 Ma Feb 46% Apr 31 70 Ma May 25 6 Ms Mar 29 29 108% July 17 2 130% Dec 5% Mar 12 10 . 28% a 331 28%, 29 9 Mi 1 28% 29 '4 40 81% 82 83 "a 71 % 33% *1% 1% l'Ma 680 83 Ma 85 ' 06% 331 5 100 l%rf£ 20 128 76 . 43% , 107 58% 163 *156 717k 75 21,600 127 55 : 4 *156 ' 168 ' 70 % - 673/s *103 Ma 57 35 Mi 37s , 1,200 13,250 54Ms V 25 7»« 35% 35 Ma 'fu " 1.000 33 % 42 28% 67 . 125 Ms 27Mk 91 *90 91 2,100 46 Ma *8 .45% 900 1,000 27 57 Mb 8 Vk 55% 8 Vs 46 4,000 ,' 437k ' 82 \ 27 Va *'543s, "55 55% . ; 17' 28Mk *83 82% , 27 M» „ Ms 41% 68 125 Ms 35 *83 . 81% 27% 43 Mi 26% 33 Mk ' Mi 107 66 M k 65% 33'/a 66% 125 Ms Ms '/a: 27 *103% 104 128 , 10,300 332,200 35% 31 " *16% , 12,700 : ' 65 Mk 44 2,300 , 4% r'/s 30 Ms . 167k'" 27% 42 • 33 - " .27 : 28% 81% 3 1Mb. 317 k 437k , 35% Ms/ "167k Grayson-Robinson Stores 5 Ma. 25 Ma Feb 200 37 Mi 37 Ma 35 Mi- 35Mk . 33 16% •337b 27% , 4 Ma 15/64 ; 31 Va 1.32 ' V-' 35:% 7 at! ..5 -10 9 3 ■* '" Co—100 Rubber.; 2 17 *32 33 4M« .37 Vk 37 Ms 37% ' . 44 Vk 33 Ma 126 91 Mk *90 1' (B F) (W. R) 26 Vs No par 10 ' Glldden 13% Jan Feb .2.100 "*90% 16% 27 Vk '8 Vs 45Mk common——ri5 preferred 37 Ma Jan 30% Jan Jan ,,114M»- 114'% , *103 Ma 677 k 83 ...10 (The) 12 99 .113.500 63 Mi 44 Vk 41% 128 -tt10" preferred 4% Gillette Ma Mar 26 11 45 190 • 39 Ms " 16 Mi 28% • 107 127Ms ---4 common..— 27 19 39 91%. • 44% ; 26%,. 33% 'M *103'% - .'32 3 k *16Mk 447 s 28% „ " .___a_l y 8% Feb 31 3,100 112% B3 * „ 27 33% 41% , 100 —1100 preferred 46% Feb Nov 2.600 : >903/i .4% 357k ,'35% 15% 100 preferred Georgia-Pacific Corp 25 Ma Feb Dec 6,000 63 Mi 139 91 37 Mk 13/64' 43 % com—2.50 preferred. conv 9 77 114'/a .1,300 • 6 Mi 38% *32 \ 4% 35%" " 15/64 "•'■■ 32 38. 33 h > 100 3.7 Mi* " ; 4YH 35 Va Corp—i— —-10 ———No par preferred 38%" "" 4%, - -10 18 34 17 63 % ' 1% Dec ; 55,300 387k 91 " 387k 61 Ms ' - 23 Ms Jun 114 Vi 114', a 58% 38% 39 Vi ' Mar 20 8 38% " 200 , 26,400 43 Vk .112% , 2,200 13% 11% ;.'!6Ma' 62M4 : 500 250 63 "91 Ms *387+ '* I *112 Mb- 113 112=% 38 91 62 112 Ms 113 ■ 100 % 58% - 167k 43 Ms *6Mk 12,300 > -,j ■ 43 17 43 6 Ma * 129 Ma 57% 16 M4 ■ 9 Mi Jan 58 37 13 Ma 58 Ms '.: 84 '/a *11% 58 Mk - 43 Vk Ms 42% 58 Ma 58 583h - 12 *11% - ,..— 70 500 A 24 Mb *127 Ms 13 Mi * 13% 133s 58 * 6V'a 61 2,100 130% 37/: 16Mb 33 Mi "*32■ Shoe 5 31 170 3,900 9'/a > 84 42 Mk 61 Ms 38% -- 10c A'- '-- Corp—— 1 General Steel Castings Corp—a—-1 6 16 Jan . 6.67 UtiUlea—-—:10c- Realty <& Oct 8% Oct 1,200 ' 42. 129 Ma *127 Ms >12 *11% 58% : 56 Vs 1* 13% 12 57% 130 C; 6% 91" 377u , . Nopar General Refractories 22 100 78 •23 Mi 42 17 62 <7 1 ' Signal—1 Railway 27 ' Mar 37% Jan 5 78 ".',9% •36Mk . 130 128 Ms , 13 Ms *11Me . *ll2Va 113 39 M2 39Ms 114% 314 Ms - . , J' 237k *."r "41 Ma", ,V<. 84 Va •. 43:% 61 — 121 Ma Apr 45% Dec 102 Utilities Public Right* General 10 May 17 29 Ms 99s/» ' 23% 41% *85 % 185% 36 Mb 36% " ■-, 132 *130 Ma 132 ;.23Ms ;,40Mi 130 13Ms 56Mi» 6 Ma Equlpt Corp..—1 preferred— conv General % Mar 20 18% Jan J 6% Mar 18 Precision $1.60 11 50% Jan 96 *128 Mi Vij, -43 : Advertising--—15 Outdoor General Public Service Ms Mar 28 * 4 Nov «p 29'/s 99% 9% ' 9 Vi 9 Va *130 Ma '. $1 % 78 78 , , v 137» 17 7 -No par — i":24Vk S? '-~*33%l:36-% 58 MB 56Mk 100' 1% General Portland Cement Co-: - 2 13 Apr 34% Oct 1.40C 59 *53 100 Ma *99'% 78 9% 131 Ma 24 Vk 40%' ' 130 " 18Ms No par Corp cepi— preferred General 7 - 37% Feb 11 8 4% Jan Feb 90 .41 '• 42 -46 r Motors 56 VM 117 k Preferred $3.75 seiiet——No par "4 33% Jan « 18 Ma Dec ■ *7 53% Dec 19 36 * 23 29 Mi Dec 38 r 27Mar 28 59 29 Ms 29Mi 4% 4 Ma 4M4" *4 Ma, >53 . 100 77 Mi 9% *130 ; 40-vs " 58 —i™..Ne par Corp— 1 100 78 9M« ; 24* '' 129 3 preferred 77 Ms 130 Vk *35 Ms Dorp (Delaware )-!*■ Corp 100 Ma ; «84VV--83%" ff;v 84'%*:;84% ■ —10 Co Instrument General ' 4 29% July 18 29 32 Ma Oct Dec 5% 198 ■ ; 91% Feb -l 39% Mar 29 16 11/64 Ma -29 V *'.'59 ... 2,100 ,. ' 4Mb 2 9 Ms 1* 29Mk ■ 300 15 '/s *15 * 25 31% MaT 12 ' Foods General 68 Va *53 5R- *99Ma 9Mk -40 ———-1 General Mills common 4 30 * 31 Electric General ; 21. preferred Dynamics Corp General - Jan 115 Ma Jan 4 29"% , 78Va - ■:^"'24 ; 100 ;— General Finance 4 11 com—No par series 6% . 3 - Inc Co 78 General Contract Corp common.—2 43% Jan 2 • Jan 115 2 84Ma Jan 35% Aug 24 43k Dec 38 Ma Feb 33% Jail 3 10 18 Ms Jan' 2 109 Ma Jan 16 50 Mi Feb • 59% Mar 19 49Mi Mar 20 40 Ml May 28 Feb 6 Ms Corp preferred 7% . Cigar 5 50% JUly 23 4Mb 15Vk' . ' 180 .—No par —5 preferred 13 •' 7*4 Ma V -'1**53 ". U1* 29Mil 29% 100 9Ma. General Cable Corp com——No par 4% 1st preferred — lino A 13% Jan • - —8 27 13 15 " 34 Ms Feb , , ",59,' 2:)M« 22% Feb - 4Mb 99'% 59% Dec 65% Aug ■*53 50 Investors com—1 $4.50 preferred ——100 General Amer Transportation—2.50 7 •- ; General American 1 Dec preferred *4 Va 25 45 Ms Oct 11 1 30 81% Feb „ 10 Jan Jan Ind.— American General 128Mb Jail 13 23 Oct Jan 9 10% Aug 50 22 Ma Doc 119 72 2 52% Mar 18 30% Jan 101 > •337k ; 34 Ma *14% f.;15 ' 5% Jan 9 26% Jan 5 73% Dec 1 Dec 31 19 106% Mar May 22 125 19 Dec 51 3 99Ma Sep 4 Ma Feb 5 30% Nov 27 25% Jan .. : *94 70 6,800 . 105 49% 10% 3o"/s 52 VB Mb 86 *102'/a 50 38 Va . 16 Ms Gamewell . 49 Mi • 55 Ma . '/s 103'/a 4 6 MB 12 52 46 Ma Ma .10 Ms 1 97 56% 8 • ; 49% 38 MB *94" ' , 102 Mi 101 57Mi 86 86 . *102 10 Ms •t 10 Ms 16 7k 11 *• 56 Ma 58'/s 85 Ms 57 Ms 43Me Jan 14Ma Dec ; 2,500 57 57% *102 Ma 16% 36 Ma Jan 13 30 3,300 56% 12 54% Dec 29 Mi 27 Va 167/b 12 , 90C 27 Mk 91 Mb 30 Mi Feb 4 800 2,200 2 7 Ma 57% 36 Mi Feb 9 30 8mb 27 Ms 28 Ms 27 Mb 16 31 8 23 *8 Ma 27M« 28 Ms > 27% 57% 43 Va Jan Jan 7,600 54 Vs 91 11 Jan 1,100 307s 52 Ma 2 42% Feb Jan 19 Ms 30 Ms 273/i *100 __5 10 800 *18 Ms • 46% ';■■■ 33 Ms *33 Vk Ma 49% 10% *12 Mz 128 49 % July 20 6 12% 12% 800 54 37% *94 ■ *118 26 31 14,400 2 6 r'k 103 Ma v;ir... 97 preferred—100 41% Dec 38' :^49% —100 G 6 1,800 21% 103 53% 49 Ma *49 u«*aiDie-Sxogmo Inc common——5 5% convertible preferred -50 Dec 58 *'102 % 58 23 6% Feb' 32% July 31 37Ms . 53% 85%: ,86 Ma 87 103 Ma 57 10'/a Jan 43 59 M» *102% 8!) Corp_, 37Mi 2lMk 28 Ma 29% 58 55 Ma 26% 397« 13 - 29 1C3 900 21.200 "547k 26 Mb 1 9% Feb 9 29 > 58 8mb 27 Mk 28 Mb ■ 28 5,300 '. 6'/k15% , 30 Mk 8Mb 8MB 27 Vs . . "100 26% *26% 517/« 11% July 13 28 29% 103 56 46% 8 25% Feb 8Mb 267b 28 54% 51% 14 30% Sep 29 Mb ,*100 46 Vh 9% Jun 3 87 k ■■■49Mb 15% 33%; • 19 / ' 1,000 67 " ._1 6% Dec 9M« Jan 19 297k 55% -7 Ma Co Foster-Wheeler 107 Mi Mar 18 73% Mar 27 Mar 29 Ma 103 55 1,700 ,1,500 " 97Mi Mar 20 94 29 19 ?0Mk 26 Vk . \ 27% ■ " 29 Vs 19 30% 28 26% ' 28 1C3 19 Mi *■ f8% 26 Mi . Co..No par Dairies Inc L 78 Vh. *94 preferred Motor Foremost 10 11% Dec .30 Ms Oct *8% 26 -28 ' 10 Ma convertible 3%% 3 24 35% Feb 33 Ms cum pfd ser of '51—15 Machinery & Chem Corp 10 Ford 8 41% Apr 34 9 23Mb 12 Ma *6 ■ " 34 . ; 56 30% ;*i9 38 Vh common : 34 *33 Ma 10% Stores Inc 57 • 337/H 30 15 7k ' 48 Mk 6 Vk 15% n 21 Ma 19 Mu ' 14,100 157k Mk 49 6 Vk 15 Vk : 203s 38 _. 3Ms% 59% Mai- 19 12 Co 15 *55 57 48% 6Vk :i 15 37Mk 30 Mb 6,200 10;« *63 37% 5 Corp & Light 67 207b 19 56% 23Mk *. " 20'^ $4.20 div Food 91 Me Mar 25 3 Feb Stove 56 Ma 15 Mi- ' 37% 5 preferred *63 " 48 M« .6 Vk ». 23 Mk 207k ' No par Power 36% Feb * $4 *54 . 7.80C 10 % 12 Vk . 37 Ma No par — ;48% Ma 6;ls Co (The) 48 15% *23'%• 67 *'63 67 47 Va 157 B .23 Va. 15 Vb common Carpet Co • 12 M« A 23 Va 15 6'% 23% 100 ! First National Stores- 16 14% 58 : 10 Ms /. " 6-% M 567k 10%*12 Ms 20% 6.25 com '.■■i lOMs 12Mb1 37 Vs 1 Rubber & 23% 56 Vi 56 Ma & 12 X33% 10 preferred 10 *43 Ma 207« —.5 2 92 41 NY 107k 12% 44 37% 1 Jan 8 400 *43Vb 20% —5 96 Ma Jan Feb 1,300 44 44"% 58'/s ; 37 Mk ,10 Fifth Avenue Coach Lines Inc 66 86 ;;'*63 11" 49 Mi 37 Vs 25 1-., 9 106 2 86 15% *54 - »- 2.50 Mfg Co Phenix Fire Inc 86 Va 23 Ma 15%. 6% ■ Inc 36 Vs' 12 Vs. *i578 ; w 15 com—...5 Corp Fidelity " 27 Feb 41 12 Co 87 "10% - 13 ,48 :', i Fibreboard Paper Prod coin__No par 4% cum conv preferred-: 100 14 29Mi Jan 83 Ma Mar 15 101% Jan 3 12% Feb 3 29 3 54 Ma Feb 27 Dec 106% Jan 21 10% Jan 33% Nov 26 Mb Jari 23 Board Tarrant 8c ' 29 Oct ' l^'s .1 *15% 2 cumulative preferred Dept Stores 31% Jan > *43 ' 44V's Nov Paper 4.6% ; 1,500 87 55 % 56 Ms* - . 10%; common ——1 Federated 9 31% May Feb 19 16 55%* ,56 Ma 56 oonv 27 Ms Jan 10 37% Mar 14 24Vk 16 *43% "''23% Federal / 237k 16MB 44% 18 pfd 1953 series 50 Mogul Bower Bearings.—5 ■ Federal Pacific Electric Co. 11." *- " 18 S%% Corp 24 Vi 16Mb 44 _5 ,7 Peddera-Qulgan 23% 16% 44 Va • Shares 24 % 16% 33 ' the Week Mar. 29 23% 87 v Friday Mar. 26 16% 88% .50 54% Jan 12 .51% Feb 27 preferred series B Feb7!! 6 -41% Aug 17 No par •: sajfai fur Thursday 24 *43% Engine 8c Airplane Corp^l • Pajardo Sugar Co. e 20 i FaJatcif Brewing Corp 1" Family Finance Corp common 1 PRICES 16% 88 Mi issued" Falitaaki Morse A Co._ y 13 SALE Mar. 27 237« '' 13 Mi Feb • ^ _ "when com 21 HIGH Wednesday- Mai. 26 *16M» 18%' 'is Pmlrehild 11 23% Feb" 26- 23% AND Tiiesdav Mar. 25 3 Jan •; 2 44y» Dec 27 31 Ms Jan 43 - New 9% 17 *7% Jun : 17 10 Jan 12% Jan ■16 Far Co E*-nello Corp 7 ' - 65 18 10Ma Mar 28 12% Mar 26 6.. 75 % Mar ■ 21 ; Products 'Monday .* Evereharp Inc 10. 44% Feb 55 Ml Feb . • 10% Sep 26" •-•'15 Mi Nov 13 •15% Dec 28. ; --20 '. Apr il' •'21% Oct 93 % Jan Mar 12 •' ..Liexchange Evans 3 * LOW NEW YORK STOCK V v.-r , 43 23 RECORD STOCKS"- Year 1956 18% 30% 18% 30 Vk 30 Ms 18'/a 600 16% 16% 45.000 *85% 86% 60 18% * 16 % *84 * 16% 86 5,600 , 21 22 (1530) The Cvmmercial and. 'Financial Chronicle : NEW YORK STOCK EXCHANGE Range Since Jan.1 Year 1956 Lowest Highest Lowest 27 % Jail 8 35% Jan 13 Jan 3 9% Nov 23 ■j"b 29 % Dec 39% Mar 23 12 76'/a Dec 21 83% Jan 23 Mar 14 98 147% July 26 NEW Highest YORK 32% Sep 26 83% Dec 27 42% Mar 20 103% Feb Pec 17 100 28 Feb 6 108 19 105% Feo 23 17 Sep 45% July 25 LOW STOCK 27% Mar 12 34% Jan 14 Grumman 2 11% Jan 32% Jan 15 Guantanamo Sugar Gulf Mobile <fc Ohio RR 7 80% Jart 16 12 123% Jan 2 Jan 9 29% Mar 21 74% Mar 107'/a Feb 11 34% Jan 24 85% Jan 3 93% Feb $S 7 97 Feb 27 Jan 96 24 39% Feb 37% Mar 29 13 94 Pat Aircraft Corp No par com M.20 10 29% >29% H 29% 76% 76% *76% 118% 119% Utilities Jan 29 preferred preferred 41% Feb 21 Hsckensack 89% Jan 17 Halliburton Oil 36% 100 preferred dividend 283« 10 10 30. 29% 76% 119% "76-s 119 76% 119% 119% char en jtil r. 28% 9% 4.100 29% 29-% 76% 29% 76 Ja 2.900 76 Va 120% 120% 121 »4 ) 6.100 9% 35,700 28 V4 400 Co— No par dividend $4.40 dividend 118% 28 the Week Friday Ma juar. 10% 29% 77% Sales for - Thursday 28 % 9% 25 * $4.44 29% 28 28% 10 No par Corp PRICES iuar.» 27% 10 SALE Wednesday Mar. 28% 9% HIGH AND Tuesday 25 . 28 l Common , Mar 1 preferred—: Gulf Oil 5 Jan 91 Mot: day EXCHANGE Gulf States 90 STOCK RECORD STOCKS Range for Previous Monday, April 1, 1957 ... 100 37% *92 100 37; -94 37 37 92 *91 92 *9o% 9?% *9b% 97 Va 97 17;4 *94 97% *94 9 7-4 *94 9 7% 40% 40%. *40 »/2 *40'A 40% 77% * 78-.» 79 80 21 20% 20% *20% 20% 24 % 24% *24 24% 98 *95 98 37% "13 96%, 97% 36% 96% .. *92 93 96 % 96% ! *94 92 < 37 % 37% 5.100 37'%. 92 ... .. 140 97 *91 160 H 39 % Dec 10 58% Feb 92 Nov 13 4 24 % Dec 19 " 76% Mar 25 20% Mar 11 20% May 24 19 Jan 24 27 Sep 18 24 Mar 27 28 % Jan 87 Jan 24 107 Sep 18 98 Mar 22 111% Jan 33 Nov 26 48 Jan Nov if 26 45% Jan 27 62 12 69 Jan 7 Feb 15 146 48% Dec 20 38% July 31 24% Nov 20 35Apr 25 39 Mar 27 Feb 128% Jan 15 Feb 11 46'/a Jan 33% Feb 12 May 22 5% Oct 31 32% Dec 16 25% Feb 28 27% 39 13 Aug Mar 12 9 Mar 1 Feb 23% Feb 37 28 14% Feb 15 16% Jan 34% Mar 27 25 11 89% Feb 27 74% Jan 21 76 Jan 46% Mar 29 86% Jan 7 50 Jan 7 90 Mar Dec 19 47 Dec 3 60 Jan 9 85 % NOV 15 101 Jan 5 Dec 11 Aug 6 17 Oct Dec 3 23 33% Nov (W Helme <G Wj 32% Mar 25 34% Mar 3 8 21 % Mar 16 20 27% Jan Heller 16 15 Feb 14 17% Jan 51% July 19 21 45% Dec l 22 24% Jan 35 Jan 21 Feb 24 111 Jan 2 115% Jan 30 33% 5 27% 27% 100 16% 23% 32% 32% 32% 32 "2 *32% 15% : *15% 15% 15'% 15% 39% 40% 39 39% 15% 15% 15% *15% 40% 39% 39% 39% 113% 113% 113% 113% 113% 2 1/12 common 64 2 78 9% Dec 12 22% Jan 7 25 10 % Jan 10 12 20% Jan 7 14% Apr 12% Dec 26 12 12 6% Apr 11 18% Oct 22 10% Feb Nov 15 19% Feb 25 32 % Jan 16 29 31% Dec 5 40 20 33% Feb Feb 16 74 35% Jan 30 Dec 26 ]1 % Jan 13 23 17 56 89 8% Jan 23 12% Feb 10 35% Dec 29% Mar * 26 24% Sep % Jun 1!) 52% July 17 103% Mar 16 4% Nov 23 21% Jan Feb 25 Aug 28% Jan Hollander Holly Sugar Corp 10 2 - 5% Jan 28 6% Jan 2 26 28% Jan 10 16% Jan 3 36 Jan 25 Jan 18% Jan 22 3 3 14 Dec 11 6 77 Jan 2 Dec 26 102% Jan 10 84 % Jan 8 87% Jan 90 Dec 26 105 28 88 Jan 7 41% Jan 12 Dec 3 57% Aug 17 20 18% Jan 15% Nov 29 ~3 26% Mar 19 85 12% Feb 15 3% Apr 23 1% Feb 5% Feb 11 4 % 99 7% Jan pec 13 27% Dec 57% Oct 50 Jan 41% Dec 13 79% Feb 4% Feb 12 88 Jan 32% Jan 12 10 35% May 3 29% Jan 17 1 72% May 4 22 21 51 Jan 19 9 53 Apr 5 11 55 Jan 9 50 44 Dec 27 54% Apr 3 45% Jan 44 Dee 12 53 Feb 10 45 26% Jun 20 30 Nov 13 Jan 36 1 2 Nov 19 11% May 11 50% Mar 13 59 Feb 13 151 Dec 31 76% Jun 8 52% Dec 20 Dec 47 % Jan 83 % Dec 85% July 20 400 May 15 33% May 28 143 % Dec 6 69 Nov 21 78 Jan 23 9% Nov 26 98% Nov 29 87% Dec 15% Feb 12 7 85 Sep 13 94 Feb 15 38 Dec Feb 23 32% Mar 12 88 Jan 11 Lighting 35% Feb Jan U 2% * 5% pfd conv -4.08% 4.20% 50 25% Feb 12 107% Jan 11 17% Jan 86 Feb 4 2 2l 13 Mar 19 98% Mar 20 2 124% Jan 14 38% Jan 2 40% Feb 20 44 2 51% Jan 30% Feb 13 29% Feb 12 33% Mar 15 International 49% Jan 2 38% Jan International 3C 58% Mnr 29 49% Jan 7 54 7% 20 ' ; 30% Feb 12 Feb 9 15 % Aug 27 32% Jan 2 13% Jan 7 18% Dec 27 14% Feb 19 2 Nov 30 23% July 18 34% Jan 5 19 % Jan 30 31% Mar 11 Inter type 30% Feb 21 23% Dec 32 18 27% Jan 24 % Jan 2 28 % Mar 29 Iowa-Illinois Gas Ar Elec Co Iowa Power & Light Co 43 % Feb 12 53% Jan Island Creek 56% Nov 130 Feb 19 7 123 Jan 2 conv 130 Jan 28 2 22 *8% 9 8% 10 29%- 900 ; 1,300 28% 81"%, 27% 36 «4 153:% 32 % 32'A 32 »A 28% 28 % 28 28 Va 27 % 27% 28% 70 - 74% 105% 10% 9% 95% 95% 94% 96% *93% *94 19 97 19% , *73% 74 3 i 105'% 105% 10 94% 96 96 94 94 *93 94% 95 100 20 20 19% 20 2,100 96% 96 % 97 310 *116 118 *116 33% *32 33% *32 116% 100 39% 39 39% 39% 39% 1.500 47 33% V 47 47 • 47 47% 700 116% 119 33% *32 33 Va 32'/« 32% 31% 32% 32% 32 Vi 32% 32% 32 32% 14,600 54% 54% 54% 54% 54 7 55 56 58 58% 58% 2.200 31% 31 31% *32 13 31 *34 Vi — 3C i *32 33Vi _. *57 ' 31 % % 80% 13% 13% 137« '13n4 137a 13% 14% 13"s 14% 29% 29 No par . » 31 31 5 - <53% *52% 3.50 28% 2.9 Va 28 Vi 29% 29% 30 30% 31 31 % 31% 31% : l' 31% 31% 31 Va 31 31 28%. 28 45% 44% __lo 27% 27% 50c 45% 46% 1 95 96 *16% Coal common- 4.2C0 18,300 20 47 preferred 14.600 9% 97% 96 39% ; 9% 4 19% * 47 Corp 4,900 74% 39% 1 570 2,400 106% 39 3 ; 13,400 27% 9% 47% 25 310 5,600 2,600 27% *73% u 118 - 200 28% 105'A 47% >1 - 32% 74% *93 96 *116 118 *116 19 7 85'/a 19% 96% 4,300 2,800 154% '9% 95'% • 96 7,000 6,900 323a , 105% 10 05'% 8,300 153% 154 9% *73 105% - 29 1051'a 74% *72. 104% 10 104% 36% 36% 154:% 36 V8 - 91 519%. 519% 36% 36% 520 32 V4 *154 47'% 283a 28% 27% 517 518 46 22% ' -*90 32 5 ts 91 32 36'/2 - 91 28'% 517 45% *47 4 7'A - .83 22% ' 47 91 28 V4 28% 23 47% 89% 517 46% "*2258 23 47' 90 516 45 % 45'% *22% 47'% 82% 83 »A 37 158 *150 ' 82% 82% 44 % 23 *89 T 519% 30 45'4 47 158 9 77% 77 76% 75^4 *150 158 36% 36% 35% 76% 75 *150 81% *22% 36% 36 75 Va 44% ■ . 3 88% 517 36 Vu 158 *150 • 39 % preferred Interstate Dept Stores Interstate Power Co $6 87a 153% ' Jan 87it 36% .25 13 cum 8% . 300 . 47 29 % i 49 *45 30 153% Telep & Teleg—No par Utilities Corp com__5 28 $1.40 "48 47 25 preferred % Dec . 49 No par 32 25 51 *48 36% No par z common 55% July 26 39% Mar 16 Feb 45 47% *50 *29'% 31% 100 International Shoe 5 *44% *46 51 *45 153% No par com 5% 6 , 45'A 47 % 56'4 47 31% No par Silver 3.500 297a 153% —7;50 common $4 preferred International 4.900 49 25 100 preferred _1 International Salt 3.800 51:% 45 100 - Int'l Rys of Cent Amer 35'i 29% *48 80% 45% 27% No par * preferred 58 Feb common Nickel of Canada No par tar national Packers Limited —15 37% Apr 35 No par International Paper 24,700 59% ~ 29 7'8 75 1 81 80% No par . Machines Int'l 38'A Jan 7. . Intl Hydro-Electric Sys class A Intfl Minerals & Chemical com 98% Mar 15 112% Jan % Jan 76 88% 4%% *% * 51 V 54 V4 ; 47 35% 35% 158 100 94% Mar 26 19 35% 75%' 1150 Nj par preferredInterlake Iron Corp 144% May 19 1 No par 21 1 1,200 8% 8% Jan 7 49 ; 47%. 900 21% 46 «44% 45 - 50% 30 Va 35'4 35'A 35 30-s 29% 48 Mar 13 51 *43 ;. 47 29% 23 14 45 *47 '47% *50 *45 49 44 % 2D Jan *45 *47* - ' 58%". 4% 6,400 59 55% 59 Va *47% Jan 10 54% 58% *22% 29% Jan 207a 34% —100 — 30 20% 21"(i 59 "t 1 preferred *21 85'', 20% ' 30 99 % 21 700 8'% 4% 4'% 4 .% 55% 5 7 17 *29% '.29% V 33% 20 7% 4% . .54% : Intl Harvester 4% 85 83 % 83 33 "4 Inspiration Cons Copper 25 9 54 % 60% 45% Inturanshares Ctfs Inc—. Interchemical Corp common 11 -900 2% 9 59 2 32% Mar 29 2% 9 'A 53% 5 38% Jan 2% 87« 33% Mar 156% Jan -12,100 *2" i 60%. Jan 2 2o/,o00 7,000 12% 33% 2^% 14 Hi! 12 Va . 9% *8% . . 82% 21 52 Business u iid ,4 54% . common- Int'l 31,400 Mexico preferred Inland Steel Co 2 9% 82% 21% « "4 C 50% *12% ;= 1% 12 .*12%. 60% 6% 3 „ ."4%: 4% 55% Jan, 11 11% Feb 91 De 85'/a 87% 2% '2% . *• •82% 30 29 7 2,40.0 12% 12 „ .12.; 53% ; par 3,700 26 100 49% 503'i 33% 100 pesos Ingersoll-Rand *82 Va *98 No par S A 38% Feb 33% Jan 21 500 17% *86 No par common Electrica 43% Nov 29 34% Apr 20 29% Jan 4 120% Dec "29 20 3,600 ■ ' *')" 83 4% lo Co Industrial Rayon 4 73 10 2% 8% 82% —5 „ Indianapolis Power 8 115% 16 A Central RR Co Illinois Power 11 3 July series Refrigerator Co Idaho Power Co Illinois 14 12 70% Mar 13 ■ . " ' Hussmann 1 v.jja 8% 9,600 38% 85% U % 1:; , ' preferred 100 Hudson Bay Min & Sm Ltd—No par Hupp Corp common 1 ■ '. 11% °% Mar 20 12 U U 12 11'4 *45 10 Aug 3 44% Feb 20 Hi 11% noncumulative 1,800 36 'A 17% 25% 86 50". ... *38 Va . 100 5:; 12,4 *48 29 4".e' 59 .„ 2I *26 26 86 600 4,400. 36% ' n: 50 145% Jan 4Q7'-. 11% 50 9% Jan 144 49 % 12% cumulative preferred cumulative preferred & Light No Jan- 5Va 26% 87% 11 % 1 35% Jan 5% 26 % 100 12% Feb 537 *82% *97 1 5% 30% Mar 13 12 5% *86 100 1 45 98 % Feb 13 49% 1 Feb 85% 87% *80 *97 23 69% Jan 21% Apr 104% Apr 48 % *82% 87% 100 Feb 3 106% Mar 13 Power—No par & 85 % *98% 27% Jan 112% Aug 8 14% Mar 13 7 *83% *87 100 51, 27% Mar 25 200 - 96 26% 5% *26 > 59 V *82'% 100 Too A2, — preferred 47% 498 15,100 - 36 Va" a 35% 85% preferred— preferred 4.40% 457« 92 26 36 3 17% *50 2 3,000 20% 59 Va 38% *47 Jan 200 . 6,700 16', 2 95 17% *45 87 .. a 15% 36% 35% *.73 25% 50 5 5% 26 59% % 37% 95 *33 Va 50 4 9 *19% 36%.' > 177« 50 12 33% *93 . 36% 26 Vi preferred 44% Feb 33% Apr •5% w-, 60 '59%, 37% 94 ; JHudson & Manhattan coin—_10o 8 99% Jan- 94 ■r 38% n 9 Feb 36% *26 Howard Stores Corp Sound Co 11 88% Jan 38 % 738% cumulative 42% Feb 3,300 10% "30 Va 30%.. '.'17% 4.42% 20% Jan 260 19'/a 9-a 20 7 20 ' 21'A °97/a 16% " 20 -30%' :-kf, 17% 15 69% Mar 20 15:% 15% 20 '■} 82% 13% .. 9%' 26 % Jan 24% Mar 13 174 5% 48 156 *9% *20%. 59: •36 % 25% 4 39% Jan 10 "a 19'A 38 "a - Howe Mar 11 61% Jan 28% Sep 21 25% Jun 22 5 % 25% cumulative preferred 12 31 1 25 : cumulative preferred 4 *9% 18% 9% 8 13 7 jj « 30%' "\5W■- 4.70% Mar .18 20% 400 4,800 70%* ' 21'A 21 Va 10 15,300 ,. 82'A 18% 21 ",20 20% • 36% .37% 96 " 4.26% 8% Feb 13% 13% 00% 36% 36 *94 __ 11 16 Dec 59 5 No par common 20 35 93 37% 83 17% 4 63% Jan 61% Feb 25 41% July 25 lo - Co Feb Feb 550 87.%;- Feb Feb 35% Dec 31 37 % 46% Mar Jan 27% May 23 12.50 52 79 7 x3»% 47 73 Feb *20 30% ' 8 148 103 20% *:w>% 15 Mar 6 6 13% *20% *30 21 Jan 13 20 13% _10 1 9 % 9% 83 83 1S% ;18% preferred - 20% 10 18% 9% 9% 43% Jan Feb 23 *9% 45 100% Dec 165 20 13 9 5 21% 21 03 600 29"a *69 70%' *69 a x264 Industria *7% Apr 33% Dec 18 % 9 % 85 701 *33 % H«"<nnn 14 19% Feb Jan 10 18% *69 29'A 17% 3 51% Mar 100 1,200 ' 133i< .13% . 26% 28 5% Jan 55 260 300 . 14,500 49% 51 *36% 30 36% -13%; - 38 % 10% Mar 14 2 60% Aug 15 21% *9% —5 conv 4% 8 25 23 21 1 ~ 69 - *83 50c 14- 36% 36. Va' 13% 29% 29% 36% 14 17% 18 23% Jan. , 50% Dec 44 Jan 41% July 3 24% Sep 21 13 19% Nov 29 27% Feb July 26 84 2.50 Electrochem 3%% 3% Mar 15 , 1,200 - . 114% 49% >43'A \ 25% • 15 18% Jan 13 23 10 84 BO Mar 19 26 11 % Mar 26 11% Apr Jan 69 ', 29% 36% * 51. *38 % 17 54% Jan 5% Nov 30 6!) preferred Houdallle-Industries Inc Mar 13 48% Mar 22 A Mar 19 114 % 49% *49'A 51 29% % common convertible 5% 1 ,1% NOV 20 64 69 •' com—3 98 % Mar 19 Feb 33 *;2' $2.25 convertible preferred 50 Household Finance common--No par 29 75 Mar —100 Hotel Corp of America A 38% Mar 13 26% Jan 83 96 13"% $4.25 preferred 8 25% Feb 5% Hooker 10 Feb 2 6 28 *36 14:- Homestake Mining— Honolulu Oil Corp — 4 *39% Jan 97 23 Va *32 % 114% 49% 600 16% 23 Va 33% *113% 49% 16% 16% 23% - 36 % (A) & Sons 87% - ' 5 71% Jan. 11 Jan 18 . 113% *49'-4 28% Co 40% Jan Mar 25 Feb Furnace 11 31 18% July U 40 59 *" Holland 40 49 Va- 49% 36% 13% Corp 16% Jan -.31 11 33 10 49% 49% 27% Hires Co (Charles E) Hoffman Electronics Corp 22% Jan , Feb ..Jan'--7 91 49% 51% (conv)—No par 2nd pfd Hotels 49 %' 49 *49% ' 9% Mar 18 29 % Oct Hilton *86% 10% 24 39% cum *86% 600 1,500 46% 87% 23% 1 9% Feb 87% - *16% 32% $4% 46% *86% % 15% 22 47 13% *86% 32 17 *46% 300 23% 5 19% Feb 46:'i« 1,700 ir 87% Heyden Newport Chcm Corp 3Va% preferred series A 17% Feb 46% *74% 16% Hewitt-Robins Inc 7 47 76 23% 7 7 46% *74% 16% 4 25 76 24% 9 12% Jan *74% 15 *27 'A 16% 14% Jan 25% Sep 76 29 % 15 15 V4 27% 27 Vi <125 129 31 27% r. *125 . '2-7%. . 45% 45-' . 129 31 i 27% * 23 44 *126 ~ . 45 1-y 28 ■ • 44% *126 129 . *126 4.200 2,700 13.000 1.900 28'A 3.100 45 6,700 123 i 4 Nov 19 22% Dec 13 32% Oct 1 10% Mar 19 3% Feb 4 4% Jan Oct 15 1 23 % Feb 4'a 4% 11 28% Jan 9 48% Apr Jaeger Machine Co 27 5 28% Feb 24% 24-'.1 11 36% Jan o Jefferson Lake Sulphur CoJ 1 31 % 32% 100 *85% 29 ' 84% Aug 31 44% Oct 15 a 94% Mar 14 55 Mar 14 84 Feb 8 91 Jan ^ 4 24 Jacobs (F L) Co , Jersey dent Pwr & Lt 4% pfd 47% Jan 28 Dec 27 102% Feb 6 86 Jan 18 43% Oct 2 58% Apr 5 43% Feb 11 69 Feb 12 78% Mar 26 Johnson 4k 45% Feb 12 61% Jan Jones A Laughlin Steel com Mfc preferred series A 83 67 % Feb 42% Jun 8 €2% Nov 15 94% Nov 30 105% Feb 27 93% Mar 35 % Feb 3 26 61 ntt 1 85 footnotes 72 see Mar 21 Der page 28 Feb 8 11 , 54''• Mar 6 39% Feb 28 i9% Jan 31 99 2 Jan 2 7fi3/4 Jan 17 Jewel Tea Co Inc 1 Co % "87 5 : : 45% - 48 95% 95% 1 63% 63% 24% 24% 377., 3034 31% 87 86% 86 3 4" 86 %. 45 3 77% 100 4-% %;a *31% 87 80% 51 *87 89 1 47% 47 78 4a % 48% '~95% 96% '95% - 62 % 04. a 4% 24% 52% 51% *37 89 43 85 Va .16% 51 % 53% 5158 *87 89 47 Vi - '31 3.600 1.100 2,100 60 2,200 89 47 Vi 47% 78% 47% 78% 2,000 49% 50% 27,500 8.700 * 78% •48/ 78 % s 23 7 - 52 "4 52 *87." 46% 77% 47% 4% *2*' \ 32 1 % 52% 10 4% 24|% 31% 89 12% Johnson- Manufacturing 52 100 common 344 % preferred Johns-Man vilie Corp 87 43« 4 % 41:, 24%,. _ 63 5 a .73" 1 . s 49%1 78% . ;. 78'. a 4 ' % 50% *99% 9*% 64 34-,65 "a, -■ 96 % .96- -64 „. ,65% - 2,260-' 30 29 7 7 28 26% *15 100 34 *33 *23% 40% Jan 24% Nov 27% *74% 34 *33 15% *27 "86% -87% 66-H 134% 1 32'/a Jan 21% Dec 12 9% Nov 27 18% Dec 31 *15 27% 47%' 65 '/a 134% 5% 26% 15% 76 4 10 & Co common 1 Jan *26 13 % 27 % 47% 12 85 27% 15% 27% 25 12 25 ! 26% 15 % 27 "74% 12% Mar 80% Feb 2,100 5% 33% 34% Feb 3 2,000 31% 5% 32% 27% Feb 19 Jan 26% 31% 5% 32% 20% Mar 19 Jan 26% 31% 33% 41% May 23 46% Mar 14 3 26% "32% 19 Jan 26% 31 26% *31 05 ■ *133% 5% 13% Nov 29 99 26% 31% 5% 5% preferred 100 Hershey Chocolate common—No par 4%% preferred series A 60 Hertz Co (TM) _l 77% Feb 5,900 5% 49% Mar 28 2 37'A 26% 50% Feb 13 36'A 31% 23 Dec 36 -v 5% 21 Oct 35 V2. 35 20%. 47% Jan 80 4,200 35^8 -36 31 % 47% Jan 81% 40 5% 1J. Jan 39% 32% 100 8,400 40 134 Va 65 % 5% 1 1.600 39 31% 15 400 35% 38% 50 dist 35% 134\'g 1 53% Mar 20 54 65 - 35% 64% 10 Inc Powder 35% 38% Hercules 10 *95 500 *133% 7% noncumulative preferred 25 Hercules Motors No par 40% Mar 11 124 E) 134% 23% *•26% 36 5.400 . 64% 36 5 98 36 - 100 8 UVi 80 39 % 36 Co 24 *95 -y 41 134% 39 1* 24 24% 64 40 % (H J) Co common 3.65% preferred 18% Jan 65%. 134 % Heinz 20 36 64% . *20% 99 "36 39% 35% preferred 38% Jan 17 45% Dec 3%% *96 134% 1 liquidating Industries *24 99 36 100 Hecht Co common 23% Mar 29 20 15% Dec 31 36% Nov 29 110 partial Hayes 24% "96 2.50 — 26% May 25 23% Oct 25 34 16% Feb Ex 2 41% "35% 100 preferred Haveg Industries"Inc— 2 76 Feb Chemical 4% % 27% Mar 22 13 24% 1 preferred-. Hat Corp of America common 29% Mar 29 17% Nov convertible Harshaw 21 18% Jan 23 21 Hart Schaffner & Marx 7 13% May 28 26% Dec 20 77% 20% preferred _! Corporation Harrls-Seybold Co 4 34% Jan 76% 6% 32% Mar 25 32% Feb 25 *40% 76% 20% Harsco 11 6% Jan 41% 76 20% Paper Co 2.50 Harbison-Walk Refrac common15 134 % Mar 18 5% Mar 13 "40% Printing Co Watch Co common HammermiU 39% Mar 11 37 Mar 29 8 May 28 29% 4% 15 69% Dec 30 31% Feb 11 33% Feb -28 Cementing—5 __5 Well (W F) Hamilton 11 42% Mar 29 23 130 Hall 2 Jan Water 1.2?0 7,000. Number 5625 Volume 185 ,.. The Commercial and Financial NEW Chronicle : f Year 1956 Lowest Lowest Highest YORK STOCK EXCHANGE- ,>*' 23 r. Friday - Mar. 2«s .Mar. 37 26 Mar ,, Thursday Wednesday Tuesday >nday For Sales for AND HIGH SALE PRICES LOW STOCKS - NEW Range Since Jan. I Highest EXCHANGE STOCK RECORD YORK STOCK Range for Previous ♦ (1531) the Week < Shares Mai. 20 K :'34To Feb 304 * 13 70',4 Aug 2! '127 Dec, 18 52 Is oy „ 44„ j37»a *" Dec 21 78 92 Dec • - Mar 13 93, Apr 105 Mar Dec 28 103 May 22 71(4 Feb 9 f 37 Nov Feb 15 21*8 Jan 10 130 - Jan 4t>% Jan '43>4 Oct 1 i 42.'s Apr 25 14 4% 18 4.50% 21 4.20% 4 95 77% Jan'' 4 ' 2 - 38% Jan .31 12 leo 19 * 12 V 5 52 *4 Jan ! 4 39 6 31 31 Feb 11 7 *41 403s Mar 19> .Feb Jan 29 ■> 'i 7412 Aug 20 98 Dec , 18 Dec,21 .31%Dec 26 Jan 10 ,15 30 43% Jan 5 12 14% Apr lGT's Sep 13 8 May 8 13% Jan 41% Kern 15% Nov 2 25% Nov '1 A 74% Feb 28 * . .. 5% bed Jan 29% Jan Fe.j 12 15 * 18 .- 18 ' Jan 62% Mar 7 35% Jan 24 49% Mar 29 38 Feb 25 100% Jan '12 75- Feb 84 ' ■ Sep 07 Nov 8 29 Jan 37% Dec Jan 11 5714 Jan 2 22 Jan 11 25 3514 Jan 2 ii 23% July 19 Mr 22 Jan 9 99 102% Jan 13 ; 8«» 106 9812 Dec 0 88% Dec 27 ' D(?C 11 104 Nov 19 103% Dec 80 * 97 2214 Feb 6 Mar 14 y4 Mar 12 Dec 23 143% Jan 27 30% Nov 20 . 83% Jan 27 21 26 Jun 23 109 May 27% Feb 15% Jan 25% Jail 76 9 8 3l 49(4 Jan 11 93% Jan 3 36 Va Feb 21 Feb 20 27(4 Feb 12 Jan -(P) 35% 357/a' -35% 36 88 *85 88 17 17 35% **85 88 16;,4 17 Va 16% 17 40% 40% 40 Va 40% 14% 15 14% 15 2 18(a 19 40(4 40 y8 14-% 14% 18% 6(2 6% 6 (a 27% 27% 4,300 15 *2 *18% ; 19 (A 18% 40(4 v 2 2 2% 2 1,300 7,600 2,700 7,800 2(4 18% 3,000 Va 6% 4,000 27(4 27 Va 10,100 22% 14,300 18%; 2 18 18 18 18 17% 17% 72 73'A 71 71% 70% 71'A 70% 71(4 6,300 11% 12 11% 11% 11% 11% 11% 12,200 .10 , - 6% 64 7,a 65% 146% 147% 58% 58 (a 581% 64 V* 64% 64% '15% 15% *15% 04% 65 15% 15% 45 V-i 80 58% 58 Va 58 Va 58 Va! 58% 2,0/0 65 (4 66 3,700 , 65 15% 16 16 16 44% 45(4 44% 45'A *75 78 45% 18% „4 33 % 33% 33% 33% 331 ,33% 33% 33 33Ta 7% 7% 7% 45(4 45% 45% 10,200 18% .19 18% 19 23,100 23% 33 V* 33% 33(4 33% 33% a 33% 34 33% 109(4 109% 22% * 22 Va "22% *101 103 f»101 103 22 22% 100 *86 100 *90 92 fK) 90 89 89 _100 102 102 102 102 103 103 100 *125- (Ky).Nopar 16% ■ „ 7,600 103 ' *86 88'/a 1,540 22% 22% *101 88 *89 ' Va 30 91 104 91 104 104 16% 16% 900 5,600 161/2 *123(4 27% 27% 27% 27% 28 81 81 81 81% 81 30 125 27% 81% 80a4 81% 81 16% 109(4 109 »A 22% 103 81 124 124 124 124 18% 18% 18% 18-? a 18% .18% 18% 19 ,._1 -3.33 Va Co 8,200 12,000 34 27% 125 125 n27% 28 *89 *102(A 16% 16% 16% , *86 88 Va *86 88% *86 , 126 28 60 % 10% 16% 10 commotio 88 % *101 103 *101 preferred 3,600 33% - A 100 preferred 8 75,400 22% xu bu>J 2,800 80 45 Y* ,19 ..lOO1 eom *75 , 7% 45 V'o 19'A 80 *75 45 Va 7% ,45% ,,.18% 22% 64 Va 44% 45 (a 13r,» 65 15% *44% 19 45% 230 146 147 'A 8 7% 8(4 3 1 8,800 66 146 147(4 *146 1,800 146 Va 80 *75 - 65 Va 65% 65 lA % 22% 23 (A 58 'A * 45% 44% 45% *75 100 65 65 V'8 04% 146% 58% 27% 11% 11% 6 6%' 22 Va 22% 11% 64(4 .( 15 ■* IT a 145% 25 .100 Nashville; Lowenstein ;(M) & Sons Inc Steel 19% 18 % preferred Lukens 1,200 72 ; Louisville Mar 28 19(4 19(4" 22% preferred— Co 19% 19 Va 71% No par Louisville Gas & El Co 7 65 „•* 12 8 22 y- 45% Feb 7% 1,100 217a 1 series Lorillard 18% Xl8'4 series G conv pfd 4 100 *18% Va 18% com 4.40% 15 200 4 18 1% __2.50 4.35% 11 291/4 Feb *3% 21% 10 4.25% 127% Mar 2,500 14% * %il% 7 4 17% Jan 2 15(4 26% ' 4- I8V2 35% 10 D 15 Va *26 Va 15 Va 26% *3% 20 5 - E 3,500 27 Corp. series 2,600 50 27% preferred— B 5,800 25% 49% 40% ' 1-13/64 series 32 »A 25% 49% __1 14 Jan 2 24 Feb ' '<• 5% 28 Mar 104 18% Mar 15 ^ Dec 61 Feb 92 21 119% Jail *• • 32 VB 25% 18% *85 17% 32 25% x27 (a No par 25 Mar 27 101 % Feb 5 205a Dec .15% Dec 116 103 23 35 Va 88 5,200 15Va 4 19%- 19% 9,200 25% *26 Ve 15 18% 18% "! 26% *3% 21 25% 31 (a *26% 15 20% 26 4 49(4 50 4 120 21(4,. 20% 25% 32 15 ■ 2 8 _5 conv , 27% Rights 4.84% 26 Ve 27% (The). Long Island Lighting Co 7 20-% 26 6% Lone Star Gas Co 7 2314 Jan 93 93 6 % Cement Ccip__-^ Star 4,500 94 18'A - LGne 52(4 6 '•« 3%% convertible preferved List Industries Corp ; 109% Mar 28 26 05 „ 89 28 21% Feb Jan v 51%' *92 94 18% Lockheed Aircraft Corp Loew's Inc 35% Jan 41 4 lC9V4Mar28 21% Oct ■ , 52%' *92 No par (The)-i . 52 Vb " 11,000 No par Belfr Co Corp 1 7 52(4 15 41 % 13 preferred pfd i Liquid Carbonic Corp 4 27 .31% Mar 40 Products 7% preferred Lily ' Tulip Cup Lionel 32% Feb 19 15 900 52(4 ■ 25% ,17(4 17 Va 100 42(4 31 % 31% *85 7,600 8,300 40 31% 49(4 19 Vw 35(4 , 88 17% , Liggett & Myers Tobacco cont 7 44% Mar 11 July 26 35 10 Corp Fink & 35% No par 1 common nohcum -2nd Link <9 1st 19% 35 % 10 Libby McNeill & Libby Mar 20 76% Mar 19% *85 100 Llbbey-Owens-Ford Glass Co 46 V2 Mar 20 2 Valley RR__ Val'ey Coal noncum 50c 2 28 7% Jan .. 9 ^ 1 •_J. 66 (4 29% 65(4 29 *39% ' 41(4' 25% 14% 5,900 31(4 8 49 66% ',40 40% 3934" 29% *39(4 1,800 10,300 42%/ 7a > * 29 ■' 40% 113(4 31% " 25 7 '.49% '41(4' 1,200 13(4 40%' 112% ; 42% 2644 25% 497u *13 : 44' 32% 317o 49% 40% 32 20% 26 25%; •• 2570 , 6 (James) & Sons Co common-3 16% Jan 12 31% A 20(4 I " Lerner Stores Corp * 18% Feb 25% May 14 33% Dec '12 28 6 12 12 8 lo/a Nov i Jan 58% Dec 29 43 % Jun * Bryant 72% Jan 11 31% ' Va 18% 14 59 2f>% 20(4 26 13 300 42( 4 ' V 257a 20 2,800 37% 32 - " ■ !94% *93 '■-V 94 20:% 18% 68V2 Jan 31 3- 14% Feb Aug 29 3 13% Jan 150%.M«>r ,52 (2 18% 28 82Va Jan — 52(4 *3% Lelin 63 50 . 54(4 *26 Ve Lehman 141% Jon 9 53 3% $3 13 1 32(4 26 'a 9 12 44(4 2,800 25% 65% 39 34 43% 29 25%" 40% - 67 5 a X32% 94 41% 2934 32% 29 111%. 113 % 3934 5 1 ' *36% 25% 40 % 40% 111 37% 28% £5% - 13% 13 20 67(4 127b 25% 40% ' 28(4 37 28 % 66 15 * 11% Feb 76% Nov 37 23 110 100 67% 67(4 • 25(4 ; ' 4038 44 % ' „lo • - 10 Feb 1 •99(4 .•*; *36% 68 , 29% 3% Lehigli 9 2 < *al 40 " 14% Leingli % 7% Jan - 19 ^ 2 23 ' 67% 261 '2 4 18% Mar 22 Aug " 30 *39% 4 Lane 4 2j V4 Mar 04 800 32 No par . Co (The) Co 10 12 72% Feb - 23 67'A 44'' l( .T__ . 15 163% Feb 1 20 —— 10 3,85% preferred ; Lehigh Coal & Navigation Co " Lehigh Portland Cemeht 13% Mar 29 Jan 99 1 Lee Ruliber & Tire Jan Apr *96 41 25 Lees 16% Fob 68% Feb 98 99 40% common— 20% Jan 10 -■ 5 , 20 30" 4 14% May 28 t 2%, Jan 17% Feb 11 . 1 21% Mar 26 9 12% Dec 2 17% Jan. Feb. *96 110(4 preferred series A " 9 45% Jan 19 20% Oct 28 49 21 1% Mar 25 14 4 107« Dec 01 (4 Oct Jan 14% Feb 29% Nov 16% Jan 137% Dec 39 Dec 99 *39% 100 ( ! Co & Mfg 4.32% 17% Mar 14 3 4 *96 A Co H) Lacledb-Gas Co Mar 22 31 8 Y 97(4 1 39% 50 *93 67 68% 60 95% 95% *98% 41 30 . 97% 30 07 % 8 200 ' 99%' 12% 12% 40(4 29' ! "85 *93 37% La Consolidada 6% pid_75 Pesos Mex 2 10% Mar 13 2 * 25 95% *81(4 97(a - Kroger 21 Jan 14% Jan *93% 94 85 2,100 39'A 100% 25% 109 41% 41 _1 com . Inc. tS S) (S Kreehler 9 36 27 *81(4 85 39% *93 28% 28 ,25% 110% 109% 2.50 : Indus preferred Kress ' 94 Jan 19 3 24 Oct 47( 24 Oil Koryecte J xvreage - 4 Mar 21 bb July 10 « E • '^32% Mar 12 ; No par — County Land Co 4%. x 7 18% Mar 25 2 34 Jan * Apr ' ' 78% Jan 30 Copper 1 — /Kimberly-Clark Corp King-Seeley Corp ,Koppers Co ,Inc common.. 14 - Co._— 4%% conv prior preferred Keystone iSteel & Wire Co-(111) Mar 22 4%'Jan 3 58 6 & •Kerr-McGee ,2 15% Jan 27 17% Jan Mar 22 217 26 1% July ■' 21 ';2y% F'eb 11 - 7 17% Jun 10 Gas 1,200 " *99 68% x37% 38 a 12% Jan 50% 8 97 135% Apr 26 '.'1 14% Jan \ 3% Jail 34% Apr *36 7 .50 12% Mar 20:' • 34 Ve Jan v 89 ; 26 Jun (30 preferred non-cum 40% 25*8 Mar 25 6 22% Mar 12 Dec 18% •<. 17 * Nov 19 4% 49 99 •' *C7 Kennecott 3 -.27% Jan Jail 47- 7 39% 15,900 40%, 101% ' *48 95 *96 , Kelsey; Hayes 4 21% Mar 13 1 >4 Jan 4 % Mar 13 110% ■ 27% Aug / 4 3% Nov 39% 93 (4 100(4 95 25 3 a Jan 94 21 10 13 125% Apr F ep 31% Mar 19 " I' 93% *99 68 4 65 % Jan 24 Va Feb 3 54»2 Qec 39 3 b *81(4 *92 28% 444V MaT 19 4 35 (4 Jan .. 2 29 4 85 .. 99 68 25*4 43 (4 Jan 20 2u ■» ' 5012 Feb *90 com_.No par 28% 08%; Mar 22'. * ■: 85 % Jan 29% Apr preferred-..iQO Southern 4 . 45% Jan 17 Mar *5F% Feo 1 297s Mar 29, *,2 2 97(4 Electric Co___Nopar &-Light Co i.75 A Kajser < J alius) 6c Co 5 11 Jan 123% Jan ' 57% Feb .27% Feo 21, 45 *' U 17% Feb 82 . 100% c94 Kansas Power 4 13%. Jan : '39 % Mar 20 12' ., 93(4 *99 100 40(4 101% 48% * 85 2 Mar • 32'e Dec *92 100 413'a 102 % 48(4 ' . 301a July lii .40 * Nov .21 100 40% 102 48% 39% 39(4, *81(4 ' 103 ' 48% 48V4 *39 - *81% " 41 40% 102 *48(4 V 39% 39% : cumulative City Kansas 29% Mar 11 26 37la Feb 48 (a * 103 103 105% *48 par !. prelerred preferred Kansas * '* Jan.. 2 105 50 100 preferred cum 4.35% 25 100 40% 40 (a 41(4 40% 33% - ■'* 1 Jan Corp preferred. ; preferred Feb 101'% Feo 58% Apr 3.80% Ftb 30% Mer Apr Mar 12 Feo 11 Chem City;Pr & Lt Co corn-No DO 23 12' Dec 61 Kansas 102 Feb & cum cony Dreferred lo2 47 7 ,39% Feb 10 4%% 39% Jan .24 * < 26% Jan 147% Mar 14 53 5 » Apr. ..4(4% 10 Jan Mar 27 Dec 2 14 18 60 20 21 Jan Kaiser Alum _2 ■ Feo 49 83 ,90 9 48 23 - 9 Mar 15 .91: 1.24 % July 23' Dec 27 May 28 - Mar .v 97% Jan 1 28% Aug 14 113 24 13 92(4 May 14 J24 (l2(a 13 7912 Jan 108 • r i 30 -87 3 Mar Nov 45% Jan 108% Jan : 15 14 103 o 97% Nov 28 12 Feb 4o% Jan '38 Feb 90 89 37% Feb 101 3 20 44% Aug 7 Dec Feb 4 3 Aug 58 Va 60(4 57% 59% 59% 62% 63 Va * 4,300 2,200 19 , 19 Va 5,600 62% 65 64% 98,400 M 37(4 Nov 23' Nov 2714 - 144 15 Dec 120 20 May 24 30% Nov 14 28(4 Apr 11 33 (a Oct 16 80(4 Dec <■ 27 92% Jan 13 10% Apr. .6 10(4 Feb 28 8(4 Nov 21 ' '6% Sep Dec 86 • 31 (a Nov 473 Va Dec 7 120 4% Jun 20"' 12 : a ail 11 1 V2 * 7% Mar Mar 20 72% Peb *41 Si Mar 13 35 26, 610' Jan 6 (4 Nov 28 Jan 3 139 4 26 8 ; '5(3 Dec *31 - 7' v- 8". Macy (R H) 4(4% 2 <• Feb 19 Mahoning Jan 11 Manati "»-'5% Feb 3 4 10 - » r 100 No par 24 Magna vox Coal RR Sugar 83 (4 *82 Va 8 Va 8'A . Nov 5 10% Apr 18 19 Sep 24 8(4 Oct 30 29% Nov 28 48(4 May 15% Mar 13 • Co— 2 j 9(4 Jan Manhattan-Shirt 10% Jan 30 Maracaibo 16% Feb 56(4* Jun * 51(4 Sep 26 •" 13 •* 14 Marcliant 19% Jan Oil Marathon 38 11 Va "Jan 3 31 (a Feb 11 31 14 52 40(4 JUly 11A 7 377/8 Nov 29% Apr .18 f. 32% Feb .21*. 33(4 Jail * 2 18% Feb 4 20% Nov is 27'A Mar 27 30% Mar 12 - Feb Jan-2 v Marine 4 -t 54% Feb " -35% Mar 8 35(4 Mar 25 - 4 7 11 98 Jan 24 31 Apr 24 ! 45(4 Dec 3 32 : Nov 20 50(4 Mar 23 19% May 25 37 Dec 74 ;Dec 73(4 Dec 70 Nov 26 t 85(4 Mar 28 '• 97 Feb 21.* 96 (4 Jan 28 Dec . . 7 34 3 a Apr 28%vFeb, 54 , 6 * July 17-' 56(4 25 12% Dec 20 Jan 28 Feb 54 Exploration & Co ^ 13*54 Jan M»r22 .77. ' Feb 4- 12 32(4 Feb 55 ^ 1- 10 ,i , 20' 46 Jan 26(4 Feb 19 30- Jan;- Jan 21 42 Jan 12% Jan 6 15 • Jan 16 2 4 12(4 Dec 21, 69'a Nov 28 83(4 Jan 24 70 Jan 26 40% Dec 28 32 Feb Oct 32 A 13% Deb ' 34% Feb 43(4 Aug 20 -' 17 -Dec 18 76 16 Sep 95(a Mar 54% Dec "43(4 Jan 23 13 72(4 Jan 16 " Jan-2 1 40 11 Mar 8% 8(4 , r" 28 14V« Jan 11, 80% Jan 6 49 10 Jan ' 14 2 55% Feb 4 19% Jan 29 & 17(4. Dec •23(4 Feb — 1 ~-. 1 12 ; 29 21% Jun >41(4 Apr 31-. '3134 Oct 30 17*2 Mar 27 17 - - Jan *21 38% Mar 27 Mar 20 37 t 1 Jan McLeJlan Mead 102% Jan 16 29' ir 32-% Mar 15 33% Feb 77 •- 8 ■>« Feb 25 82 11 • Vss ,"'27% Feb V93-, 14 20 6 July 11 .35 . Dec JO 101 (4 Dec 5 >v» :* 45% Jun' 26 '2-.T : 21V4 Nov ■26" 7 24% Feb Apr 98 Nov -9 81 85 V4 Feb 19 27-7B NOV 116 Feb 83 9 12 Mar 21 16 26 Mar 15 35 Feb 89 - 3 10534 Jan July 19 37 5(4 5'/a 16% *10 % 10"/8 16 16 10(4 10(4 10% 10% 15,300 27 27% 14,000 31% 31% 600 19 (2 19% 7,800 54 «/a 200 Va 28 Merck , 3 .177B Nov 20 -*-23% Jan - 27 48" Jan 80 Dec .28 64 (4 102 97% Oct -9'. Dec 82 -92 102 • . * 47.34 Jan 5 . 4. 20 , May 10. Jan 6 Jan 23 99% Feb 27 Jun .Sep 107 21 93% Jan 31 ■* - 108% Apr 61% Sep 25 5, * 21% Jan 8 Feo 11 .55(4 Feb 12 -4a n 82 62% Jan 4 98(4 Mar 11 Feb 18 94 4 104(4 Jan-V 9 14 .86 Feb 14 3C.«0% 103 Feb 19 4.45% >0% Jah 10 41 *4 F' b . . 8 5 ' 85 . Mar 12 5 f 3.85% - Miami *33 Va 337/4 1,700 35(4 35% 2,900 85(4 *85Vb 33% 33 Vb 33(4 35(4 35(4 35 % 3.1 •'« 85(4 85(4 85% 40% 41 39%. 40% 29(4 29 (4 23(4 30 29% 29% 22(4 22% 22(4 22(4 22% 700 22 (a 37 36% 37'A 37 Vb 37(4 6,400 35-% 82 81 (4 81(4 *81(4 83 110 82% *82 84 220 77 *75 77 87 - 22 »4 ■ 36(4 ■ *82 . 4 *22 3612 H3(a 76 84 *82%, 76 76 76 36(4 82 83 (4 *82 - 84 *82% *22 22% 36 • . . 82% *75 30 7 0 30 7 s 30 Va 30(4 30 V4 No par ♦54'-4 55 "A 54 (4 54(4 *54(4 14% 14 3 8 14 Va 14% 27 27 (4 27(4 43 ♦41%. 27 „_3 Robblns *41 'A 50 13 50c common . 1 1.. 5 Inc.; , „ Co— Corp common Co Inc common 100 ; 1 . 1778 16%e 2nd pfd Scott preferred series preferred seties— preferred aeries. preferred series— Conner, — 100 •70'4 71(4 71(4 72 37(4 37% 37(4 37% 4,700 35% 35(4 35(4 35% 1,300 13% *13% -78 54% *17% 17% G9 34(4 12 79% 600 55 55(4 55% 6,500 17% 18 18% 1,300 17% 17 (a *18% 19 33% 34 *90(4 92 ' 29(4 84(4 84 Va 35 34:% 35 22% 22% 34 33% 34 % 84 *81 109(4 *52 109(4 53 (a 109(4 53 *52(4 84 109 W *1738 *18(4 3334 *90% *78 *18'/a 19 19 34(4 91 (4 91(4 10 1,500 29V4 29(4 29% 29% 84(4 84(4 84% 85 (4. *35 36 35 35 22% 22(4 22 3A 22(4 33% 34(4 33% 34% "81 *109 84 *81 110 *109 110 14,100 190 520 800 13,60u 84 300 53 52% 52% *52'4 53(4 200 20(4 20 V4 20% 26,700 56 55( 4 55% 400 87 (a 87% 110 20% *55 56 55% 87 87 *87 (2 87% *87% 87% *97 99 *97 99 19 99 *97 *97 88 *85 88 *85 88 " -(4 600 34 56 20 % *55 (4 99" • 34% 92 20% 20 203s 87 79 54% 22% *81 84 109*4 1,500 13 Va 79 84 33% 14 13% 78% 54% 293s *22 100 78% 29% 35 35 13% 13% 1,700 54'4 83 Va 85 5534 *87 500 35% 29% 29% 33% .*97 43 37% ♦90*4" 33 7 4 0 pfd—100 100 100 100 - 22 >4. (a *41(4 71 (4 54 % 92 22'4 53 43 *41(4 35 34 19 / 43 37 34 35 *41% *70(4 1.9 >4 *84 28 35% 35(4 1 *27'A 37r,u . 100 3% 15(4 27(4 35% .54% - 15% 27(4 71(4 13(4- 29% 1,600 15(4 27 V2 15 13,& 77% *90% 15 Va 15% *27 Va 13(4 79 19 900 200 13 (4 34:,9 5 30(4 54(4 13(4 133u 17% 1 30(4 54(4 13(4 35% '* 10 70 30% 56 13% 13% 54.(4 10 30 VB "54(4 30 37 (a 71 37% *77% (4 55 V4 13(4 35 (a j A ,43 82% *75 2,300 •70''2 71 37 % 105./ 82% 77 22,700 13% 13(8 .- .. ' No par Publishing. Inc 110 87 40% - — Mar 23 33(4 35 Va 33% *85% No par Metropolitan Edison 3.90% Feb 33(4 35(4 33*% ■35 (a 33(4 35 20 Jan *54 53% - 12.60 99 54 (4 * 39:>4 new 6c Machine Co 86*^1 •53 (4 54 109 '84 54% 54 *81 4.35% *53(a 53 "A No par Mesta > 19% . 29(4 preferred Co Merritt-Chapman . 193« 19% 87(4 - Mergefitbaler Linotype Co ' 31(4 19% 19 (a No par No par conv 27% 31(4 19% $4 '2 19 3 57(4 Jan 27 31 3 u 1!)% $3.60 preferred 26 Mar 18 110 52 (2 Mar 11 61(4 July 31 10'% .27% 31% 19(4 , v: 31% 29% common " 445a Jan 10% 27(4 31% 31 % No par Stores &- Co 10% 28 ■ 400 28'A 9% 10 9% 31 '4 _^No parv preferred Beries B Co (The)—— 4% Mercantile •' 600 •5»4 163b 0 Mengel > 2,300 5 Vb 16% 28 -. series—No par - 'Shoe 5(4 5% *15% 39% preferred (1st series) /' Melvifie 29 Jan 22% Feb Mar 20 29 (4 Feb 4 88 % Jan 1 30(4 Jan 8V4 *5(4 *5 5% 16% 29% Corp common 4(4% 91(4 Mar 29 - 5,500 *5% ' 82(4 Dec 9,600 37 Va 1 — Stores 8Vs 8% 80»A 500 39 (4 Norrls Mfg Co McOuay 7 11 *485 16% - • ' -15(4 Feb 37(4 37(4 100 500 13,900 .No par 3convertible McKesson ' 8'A 79 80 Va 500 8(4 *85*4 McGregor-Doniger Inc class Mclntyre Porcupine Mines , 37'A 8(4 8% 8(4 8*4 78 *480 500 7% 39% Corp McGraw-Etiison ' .5 *480 82% „ (a ,29 34 common prelerred McGraw-Hill 37(4 Jan 1 75% Mar 19 " 8 35)14 Co__ preferred 1 McCrory. Stores Corp ' 11 8 Va 8% 500 "430 500 *480 100 1 $2.50 13% Mar 11 2 38(4 Dec 7% 8% 37% No par cumulative, pfd McCord Corp . 22 * 7% 8(4 78 ' 13 41»4 Dec 7% 37% 4 Co a.—; $3.75 cum pfd 1947 $3 82% "*82(4 8 8 fa'A 77 5 Co $3.75 preferred McCall 84 84 *82% 84 8(4 1 com Maytag Co common - 15% Mar 28 . Corp Electric Depf, Stores 03.40 25 Jan. '9 40 3 Master May 31. Jan 83" preferred L) 5,000 37-% 6.25 Inc Cement Mfg (Glenn Masonite *' 8 83 "■ 3 - Feo 4(4% 29 77 3 4 Corp common—6 94', convertible preferred -00 Martin 22% Feb 18 4 39% Jan ' 12 32 (4 Jan May 15 25- "9 28 Jan 35% Jan .- 8 70.* Jan 3" Jan - 8 Jail * V 1 13 76 .. ' 21 75 (4 Jan .. 4 87(4 Mar. 2 14 % Mar 20 % Jan - 48% Mar 19 21. 47% Jan 22 35 Va Feb 7 17 91 39 (4 Mar 25 - 28(4 8(4 8 ' 82% Dec 29 Vb 37% 5 4 Calculators Field 28% 76(4 No par Corp i—L Marquette 29 % 377,b Midland Marshall 7,100 77:".i I, 2 14 27% 37 (a 50 Co Mandel Bros 17(4 Jan 27% 76:% 8 200 20 125 125 ' 27% 1 1 39 ya *38 Va 39 Va 127 27% "* * 16 *123 27 "4 29(4 29'A ' 29% *8*4 - *38(4 39 123 27% 10 (The) CJo 29 28-?u 83 Co Inc com——No par Square Garden..Magic Chef—— Magma Copper 10 27% 39 28 27% 28 123 38(4 127 *120 127 *121 5 x38(4 39% *38% * 100 Madison Jan 500 10 common —- Inc Trucks 39'A Jan - Forbes 6c preferred preferred series A ... 16 9(4 Jan 4 Jan 30 Jan 89 . 4% Mar 11 - 5 86% Jan 6 - Mack 30 3A Feb 20 Jan % 694 10 J art .-9,. Mar 18 476 4 Mar* 32 ♦ -..,.7% Mar 28; 26.. 18 4 28% Feb 4 MacAndrews 39'A Mar 22 125 / 20 . 88 *85 87 *82 87 *82 87 87 87 *82 *{2 *82 100 "98 100 99 99 100 100 *98 *98 *98 44 45 '4 *85 44 *85 88 44 ' ,.43Va 43 (2 43% 43% 43% 45(4 10 2,000 24 The Commercial and Financial (1532) Chronicle... Monday, April 1, 1957 NEW YORK STOCK EXCHANGE STOCK RECORD Range for PrerioM STOCKS Range Since Jan. 1 Year 1966 Lowest Lowest Highest / 26% Sep 26 Jan 33 30% Jan 6 NEW • Highest 33% Feb 2 Middle 7 South Midland Dec 40 40 42% Dec 12 41% Feb 30% Mar 14 13 20 Ex Feb 12 Jan 2 LOW STOCK ' 44% Mar 28 Midland Proa 10 32% 7 142 29% Feb 20 40 26% Dec 5 ' Jau 3 30% Feb Aug 10 36% Jan 35 12 Feb 20 25% July 17 4 £% 6 Minerals ft Chem 22% Jan 25 Minneap ft Si Louis Ry 19% Jan 12 14 10 Minn St Paul & S S Marie 19% Dec 31 Jan 23 22% May 14 17% Mar 21 Jan 23 99% July 26 73% Jan 29 87 Sep 26 75% May 10 58 Feb 15 67% Jan 94 Mar 29: Midwest " • Mar 28 21 4 Apr 24% Jan 3 14% Feb 12 18% Mar Oct 8 8S Jan 11 79 Feb 12 86% Mar 28 $5.50 1st 22 Aug 30 33 Jan 3 22 Jan 29 25% Mar $1.50 2nd 42% Apr 2 30 Feb 30% Nov 28 ' Corp $4 -preferred Dec 13% Oct 76 95 .* 25% Nov 2 16 30% Jan 21 11 10 19 Jan 3 9% Jan 49% Apr 30 37% Feb ■. 46 15 40% July 24 26% Feb 12 30% Jun 25 9% Nov 29 17% Jan % Nov 29 81% Jau 1 12% Jan Minnesota 14 Minute 3 4 49 ,35% Apr ;7% Oct Oct 60 67% Oct *14% Dec 36% Aug 14 33% Jau 37% Jun 8% Mar 15 5 .5a% Jun ?5 47 *A May 14 26 2 11 18; 76 Feb 2/ 8% Feb 20 67 a Feb Dec 13 18% Nov 29 24% Jan 24% Jan 19 29 28 Jan 16% Mar 19% Marl8 20% Jan . 30% Feb 24 V« Jan 3 47 26 Jun K 37% Jan 2. 2 30% Jan Dec 18% Jau -38% Aug 23 11 35% Feb 1 31 : 46% Apr 27 10 25% Dec > 14 18% Nov 27 " 28% Mar 12 37% Dec ' 51% Mar 14 13 29% Feb 20 3 • 13 19% Jan 13 43 11 30% Jan 23 45% Nov 9 42 26 \ 32% Mar 7 20% Mar 27 30% Nov 20 40% May 10 14% Dec 31 18 Jan 4 36% Dec 21 / 45% Jan 11 • 27% Feb 31 42% Jan 4 Jan 10 21% 40 •64;% "• -64^8 ~ 33%-, 33 Ve 33 V8 600 26% 27 Vb 6,400 21% 21% 22 *21% :. 18 85% 18 85% 100 2,800 r •' 26% 26% 18 17% >95 87 18 18 86% -f ? ' \ *85 10% •I 30 4» 10 86 V4 " *85 3' 24% -' *23% 24% 600 33% f 33% 33% 5,600 .27% '28% 10% 10% 3,400 •43V2-; -42'A 42% "4,700 *24 33% 33% :27% io%- 10% 13,800 . "17% 24% 27% 27% 27% . • \94 • 17% 85% 24% •33% 95 11;700 18''a 27% 28 Ve: 10% 10% 17% 17 10% V 86% " ■ 58 37% 29 • 4 2,500 ; 37 37% "'57% * 37 % 10% 10% * 67% 67% 67 V2 80 80 80% 80% .10; , 801 % _ *15 Ya 15% 21% 14 *13% *21% *13%' 37% '* i so 15Vi 15% *20% 17,300 20,800 - ' l->' 79' " 15% 20% 22 22 r 14 - ' 22 \ 560 ■'■f 200 ' ' 20% 4,900 -■ 10% *15%' 21 22 *13% 14% - 37% 68 V* 79 : . 1,800 . 57% 10% *67 7,800 3,100 9% / •36% 10%: 68 80 ' 22- 20% • 21% 14% , 10% , 9% 57%" - 68 15% 20% *15% 21-' *20% 20% 22 - - 58 36% * 10% 67% 10% S " 35 -34% * 9V4 * 29 28% n 35. 9% r 9 58 :29 ■ 34% 34% -9 57% ' - 29% • 34% 9- 57% •,"••."43 29 • 34% 34% * 68% ' 41%*' ...42% :i41% 29%- -29% 38 20% >33% 25 * 33% 33 ; ' 25% 45 • 27% 1 ■' . •. -300 "' 500 • 15,900 14% *13% 25- ' ' 33% 33% 33% 33% 25%: 33 Vi 25%' % v . 25 25- 25V4- 45% -45% 45% 45% 46 21% ■: •/: • 200 ; 21 % 21 21% 21% 46%. 21% 27 '27 •% 27% 27% 27 Vs 27% 27% ' 37% 38 37% 37% 37% 3V-U '37% 38 V* 37% 3,700 23 Ve 23 ?s 23% 23% 23% 23% 23% 23% ,23% 17% .*■17% 18% 18 18% 18Ve 18% 4,200 23% 17% " "v''- 38% -- Co__ _lo;" ; Co____.'.___ /Myers • 7- 42% 42% *'•42% *43% 44'% •43% 20% 20% 20 Vi 20 -30% 29:,4 29:% 29% 29% 141/2 14% 14% 14% 15 37 36% 36% 36% 30% 28% 28% 28% 28% *28% 28% "" 1 45-e 45:,« *43% 45 " No par 1 *43% •- 42%- 43 44 V4 44%- •>' ■ 4,000 • 20% 20% 30 29 34 15 15 37 36% 36 7/« 28% 26%- 27 1,700 * 20'% 30% 15% 27% , *43% •45 1,600 •*. V , 43%' Vi 18,500 -3,500 18%; 36 % a. -6,400 -. 43 • 30 14% . 14 % -37' • 43 43% 20% 30 *■ 10 ; X42% '-21% 21 .1 27% *18 '43%- 43 % :,43% " 44% _8 .. • 43 _S Corp Munslngwear Inc ;i_ Murphy Co fG C) 'Murray Corp of'America. Bros™ 5,800 46»% 21% f 20,700 ■?. . . .21% 27% 33% 25 V8 45 45:% . 33% : 25 , .'^ 21%- '21% 10 it 4 57% 14* __3 'r\ E) 41* 12 Inc (F * No par Wheel Brass ■'.I... 7,200 88 • 33 24% 32% 9% % 22 000lire Products Corp Mueller t i 2,100 64% 94 '* -64% -64% *94 -95% 17*8 + .24% 15% -15% >■ 2 — & 800 - 87 " 64% 64% - *94 • 18 86 34% *79. ' •> _5 48% Jan •>. ' 44V'4 " 133 " 30% Jan 7 21% *33 - 84% 17% 30 10 25 > 26% Mar 129 es 3,900 32% 44 133 33% I ' 17% 84% 86 42 % .37% No par « 38% Jan 21% *94 27 .10% . >f 67% No par Mtftor 32% Jan 18 T - 1.25 Motor 15% Jan 32 Ve 44 Va 134% 26% 64% 33 29%. 100 : Chemical Co. (John) Motorola f 14 •43% Jan ^.Mar 15 Morrell • 23% Jan 14% Mar 25 42% Apr 12 50 • % Mar 22 47 V 35% Feb • 29% Dec Feb * 24% 27 10% 42-" 100 Ward & Co Moore-McOormaclt Lines .__* • 26% 17% 32% ' _5 i: Montgomery - .' 33% % 86 - "24% - 1 Monterey Gil Co 7 13% Feb ' No par inc..1- Machine Tool— Amer'Shares 24 35% Feb ' 4 40%. Jan 25% Jan 21 Sep 33% Jan V, 12 Vi 26 71% 95 % 17% *84 Power Co (The)_ No par Montecatini Mining & Chemical ■ ' i- . 21% Mar 12 *94 % 'Montana .: 38 V 5 ^Montana-Dacota Utilities Co 46 %' Mar 29 \ Industries Monsanto 4 iveri 32% 4 _1 Monon RR class A. Class B 11 26% Mar ; 26 •26% Feb 8 Jan 33% 44 ■ 33 83% 64% 64% ■ par __ _ preferred ^Monarch 9 18 26 40% Jan 14 14 23% Jan *32 *133 44 133 • 21% •' 84% 2.5o" Light_„No 4/20% preferred Mojud Co Inc 7 23% Jail 17 13% Mar 21 21% Feb ? 39% Jan 3% '> 80% Mar 12 51% Mar 19 22% Nov Mohasco 69% Mar 14. V 32% ' _25 Corp 'Missouri Pacific RR class A 11% Mar 13 4 2 3 ,33% Nov ; 44% Jan 31. 13 3 12 16% Nov 2.7 Jan 133 26% 17% 83% Mississippi River Fuel Corp 10 ; - 34 % Miaeourt-Kan-Tex RR com—No par ' *9 ■ 1% preferred series A— ___100'% 57% 6 Jan 75 Mar 23 28% July 23 21 ., 8 65 Hi Mar ,14% Jan 20 88 22 12% Jan . 36% Ivlar 28 % Feb 29 3 31 2 5 17% ■ 100 Mission Corp L_____ Mission Development Co ' ; 33% 43% 43% 134% *33 21% " No par ft 32% " — Power 33% 26% 21% \ No par conv Maid *31% 32 % -Mat. 29 ' 4 33% Jan ■ Jan 43% "133 25% _No par " preferred & Ontario Papw_: Minnesota 33% Jan 3 28 % Mar 29 2 23 *33 _1a/ preferred-. ' < 10 Corp of Airier Minneapolis Moline Co common—I ; Feb 13 25 9% Dec 36% Jau 29% Jan 1 32% the Friday Mar. 28 * 1 Re# 1.50 Mining ft Mfg a»m_/__No par Minn 4 32% 33% »31 43% 133 133 Minneapolis-Honeywell 98% Feb 26 > Oil 32% 32% 32% 43% 100 ; - 4 58 105 preferred Jan 17 61 % Ist 32% Jan 25% Mar 22 9 Feb 137 Mar. 27 " *31 _ common * Dec J 26 32% Thursday Wednesday Mar. 26 Sales hr SALE PRICES HIGH AND Tuesday Mar. 25 Inc— distribution Steel Mendar - f« Utilities Inc Enterprises $25 ' 38 127 Mar 12 47 May 28 YORK EXCHANGE 45 I 1,500 1,400 Atf 1,900 6,100 ' 45 *43%- 2,200 ' ■" - /' ' '• •- • 1. 100 is ■■■ 1: : • 118 / Jan 24 148 16% May 28 62 Jan Feb 17 11 1 34% Oct 150 ' • Nov - 34% Feb •' 8 Apr 10 23 17 18% Jun 28 Dec Dec .132 Nov 16Va Jun 20 Jan 20 i 33% Dec ' 5 14't 28 '•> * ■- • - 31 / 10 12 2 100 > , Mar 22 Jan 25 40%.Jan 4i - Jan 139 Jan 13 Jan Mar 21 " Jan a 36> Dec 13 7 ' Oct 15 10% Dec 26 12% Feb - 4 v 1 a i 75 Dec 16 % Apr 13 79 96 26 21 29 J Jan 16 9 % Jan 10 18 26 19 Jan 16 991/4 Feb 13 81 • / 75% Mar 30 23 3 17 ,v 86 27% Feb 33Hi May 18 26 25 91.. 17 78 '• 94% Jan. 440 - .Jau G 107 July 25 102 July 24 500 Jan Feb • 11 r Mar ' 7 10 1 4 4 29'A Jan 10 > New 4 ' / Jan 103 Mar 28 Mar 351 , -12% Nov Jan 3 26 64% Jan 3 19 *■ 27 32% Dec 21" 58 Jun 30 13% Feb 12 33 Nov 26 • 11 Feb 39% Mar 27 4 36'A Jan 2 94 5 771% Jau 291/4 Jail 23 71 Nov 28 91 13 Dec 31r Dec 11 Mar Feb 98 % Jan . .103 :18% May 25 33Vi Jan t 5 GOV. Jan -22% Nov • 22 Jan 74'A Jan ♦ '79 Jan 14 82 Jan 18%-Feb > 19 14 : • 23% Jan "36 Jan 3 Mar 11 W "24'A Jan 7 23 • 7 3 1 1 72% Dec Dec Dec 5 84 Dec 18 85% Dec 27% Mar 18 20% Feb 76 Apr 12 18% Aug 7 105 21 39 V. Feb Northeast Northern 1 5 91 - Feb 103 4 Jan 3 101 % Jan 9 86 5 85'A Jan 102% Jan * 9.9 Vi 74% Jan 85 • July 25 21% Jun 8 14 Oct 1 19% Jan 3 1 <28% Jan 88 6 ,47%: Jan 10 t- 563A Mar 28 . Mar 44«A Feb < Jan 2 • 29 V. Jan 13 see page Jan 2, - •■ • Feb 12 •; 28 14 Feb 1 18 .Feb 15 50—;.Feb IV- t - 9,600 .2,800 ' • 23,600 > 371/2 8,600 19 • J.,300 -15,600 / 100 - ; 19% 19 Hi •-' •- 80% - - 39 Vi 1 15% 36% •'46 :? 83 30% 9% t - *13 % : ,13% „ 13% f )" *84 ^ IO31/4 v 77'i -77 .24%'" '< -*76% — - < 24% ', 60 ■- *99 ..*351 1574 86 ; 400 ,. / *99 r - ,102 351 V *99 3(600 '.2,500 29Te / 19,100 27% ; 19,700 • - -io 80 a S 10 102 .1 *300 .; 360 ;• U0 a.7Q0 • 24Hi ; *79 V2 - 13,400 ; i. 79.;,.: -29% t 351 ' 16%'-"'' ,27 . 20 86 >24% ' . 15% 36 . 37% v 1;. 15 Hit 3<> ( 371/4 3734 371%. 37 H>; 371.2 t:' .84 3C% •: 76.-:- 761/2 • \i 37Vi ,*37% » <B3»i -:' 31 • ' ■'• 76»i *73- '' . . ; -76%' ,76%-, *.v 38 3,100 . 38% , 39. V-- 37H4 37% *831/2 31 'A •, 30% 75 - *76% » 16>A 38 Vb ■: ,. Jj37y* 87% 30%; *73 ,.15% . 1,900 •2,820 ' 37%,. 76 -• j* " *83% 87 30% .' 31'A <• 15 Vi 78% 20 . 30% 15,200 *' \ 75 ,,.'<*76% 3,200 ,. 87 *73 200 78% V • S3% ' 83% *83'2 c *83%. 85% 88 V4 .. 85 .88 Vi 84,. '•'a *88 . *83%; 84 89 ' . I . 1 " 89 *83 . 84 *88 - 89 84%' * 88 <■'. *35 "I- *19% 19'4 ;•!•••-16% 35 * 67-'A- • « V2 68% 19 »A 1 35 35 : • 67'A 19 ''a „ *34 % ■ 67 V4 Y9Vi 19'/4 35 671/4 19V4 35 " 67% " 23% -:r . 35 -67V4 t 20 • ; 67% " », 10 19 Vs 19 y» 35 ; 35.V4 r 1,400 67 Hi / 125 : 23 Vs ' *23 *23 •• 23Va * *23 - *23 , ■ 23 Vi 68 V« • 1,800 *23 :8 preferred series 900 •; 23% • ■ 44.08 --- . 17rIe- 100 preferred «erieS__ 100 1 v$4.16 preferred series :100 ' 4.65t preferred Norwich PJharnscal ___1 10,. __2S 0—3tAc. 17*7»- *89 ' 92 -89 93% , 89 257*8 16< - *21% - <*91 > • *88 * -25% ~ v 28% 29 Hi 21 Hi 17 'A 87% 21 Hi 29% % 21% 21 --93% 157'c % 22% *91 ,25)i 78 '. 56% 56 106 »A '106 106 42 »A 17'A ! *76:. 43,200 2,300 - 42% 17'A. - " 107 17 Vi 79"k" 78% 92 r 92- 92 : - -> «i,' 25 % 16 Ve ♦ 88 Vi 88% 93 *88 , . 22 «V5?% .-.5V%a *91 88 V4 93% 25 Ve 25% ;15Hi- 16 V4 •21%- 22 5ZVu - 91 330 22.900 17V, 7,100 - 2 <10 92 10 92 - 88 Vi 88 % '■ ,260 91 25»% .15 ' 78% . : *88 2,800 42 Vi " 17 •78, 15% *21% 56% 42Vs *91 92 • 78 . 92- - 25%-' • '• 78 *88 25% *21 17 % *88 . 56 42 Yt 77 92 , 15% - • < % *107 41% 78;4. *76 -a 55% •106 42 *91 /*91 • 78 - 55Vi :;_92 X87% >16%: 22%' 106 X7752 , . -r.-52%.^5$3+-. v" .Xl7% - V 92 ,_391 _' .common 28 Vi 21 Vi *76 -56 V4 < 41 Vi/ 79% ,*91 series__- loc ♦: 427. <,79% _ ': 7b' 55 % 55% 41% preterred Northwest Airlines. Inc 21V4 28 ?'« 21 'A 29 Va 21 »/4 *76 78 55Vi $4.11 Northrop Aircraft Inc_/__;__ 28% 28'A 21% 106.%-106%- 100 , ' 2934 " ' 100 series *.' ' 29 21 'A *.76 .: I_'______x^-^_lO0 preferred - 4 v- 24 preferred $4:10 • 5 11 1 Corp _12 __1 Ry Co. 50 Natural,Gas CO. com__10 $3.60 • 4 5a% J»n 51/2-% Avlation___. Capital Central 10 25% r 22 22 . 52,.. 5,600 5,200 157i - ' ■ '■ .V V A A . 200 16 Hi , " > 700 v: 86 78% V"'. ■•.'•re 300 13% .102%; 104 V... 80% 4.800 ■ . 82% '..271/4 *79% . 4 ' •; 2.300 A .14 Hi .A.. -■ 1,000 32 Hi , 29%. 9% : . 14% .82% : • •/*' V; - 2,800 8.960 < .J ■■■ V - .11,300 . 8% .,*32 % ;. 24%. , 37Vi. 7% .. - 29%i 14- 5,800 ;;//•,>2,100 / ; • 9% ; ■ ,700 46.' ; * 13 Va; V 103% 27 :c 15 Ve , - 31 Va -J'l'e ' , • *141/2 32Hi ; 16%/ . *. 24Hi 'i " 1Q2 A,: 37//2 *72 • ■ •78 .< '-/•'V *'f '/'•« 600 7/JOO , .. '7% < ; 77%,"78»/i .. < , 27 Va 80% *79 V2 ^ . "39% 29.% 27 t .1 16Hi . ... ■ 13%; > • . 83Va 167'a 16% 84 * ,. ,14% *82 37" - 1-8% : 7%-, 32 Hi .. 84 : .. "14Vs- . J03 ... j03 v " V ' .13% 7% 14% » , ,32% ',32 % 83% *8i.% ; . - - :7% (14% -36 45% A. r 37%.: ■„.: 37% (14 ;14. *14r,e ■• 36 ;•■•. •290 , •sV-V 18 y4 68 35% -9H'4.. 9% ' 409 '84 ' 72 ' < "- ■' 31V. 72 : V •. 12% 67 Vi. 46%. -9% 24% *37- : 37%". 83 - V 161 *15 VH. m ;•', . *35V4 - . V. 5,-800 39% ; 40 . , . *45% •. 7'i 16 V« \ .18'A. 663A- 67 Va 35 Hi 36 i 1 ..." .«%!• 102% 15V4 35Hi _37.%, _ 37 Vi - '♦ •• Wt>."100 ":; 118% fp 13,100 -•.-' 12% 40»%. 18' ;. 66 % . % - - ♦•'•♦ "" .••• 14% • • 95 -a *159 - 8;% 32% *351,. 37% 951 :.y 134 *-« 134 13 '.37% ;• .103 9,600 ••;•'; 37%'- /•'H7: 135 • 8.V4 T7%: *99 — - 160% ; 135 *123A 45% ? <24% 102% .160% • }37Va - A 2912-2978 ..26% ; 26% *.79»/2 v 80% / - llB'A-. 39% V •77V«: V •'' ; • If: 13?:e 86' "•• 1 95 >1151/4 "18% 83% "84 24Va /<v>«35%; Ry common__25 •- 17% Jan ^2Vi Jan • 22% 6,300 - * <• , 28% Feb '* 22% -40 a 13% 54V4-: 27% *99%- IOOV2 ;•' 13% ; • i". 101% 77% • vi ' l43i 16H4 v - \\ *851? { 400/.." L_il00 / Common Mar 29 92 2 14% Feb 21 % Feb .•*81 13 i^A: <66% °353A 7*'u 32% ' 16% "lOO • Northern Pacific Ry__.___i.-__5 Northern States Pwr. Co (Minn)— 17% Mar 25, 90% Feb 8 f:::i'3% .; 26% _!00 preferred American Northern - 26 92 90 10 24 V. Jan • 63% July 23 iuutuut«s Jan North 8 82 10 • 20% Oct ■rxn 2 Jan ' 13%- " --Adjustment <4 , 7% 103Va '! '60% •' 14% i: *18 9% ; 13% •f ; 26% Corp—,__1',';/•". 57, " r r-29%; 29Hi : ' Co—- " 1. Western 160 - 6,600 ♦ , lo 107 : ' 18 • '■ * 4,300 1,700 - -26% 19% 85 - . V ( 8% • _J)% • , 86 - 102% 77 : Shipbuilding Norfolk ft . 23% Jan 12 16% Feb * *...... RR, ft Hartford ■ 32% .24% Co____15 preferred _i_5__i 79 2 Jan v 14 - *84 common____No par $3.75 preferred 39'A Jan 12 Mar 19 48% Jan 8 5 , •; j 12 82 Jun 45 • 17 84 50% Aug 111 19 35 »/4 Oct -. . York A 53 % '18% 99% 19% .. -.39 r 37% 0% 115 ; >, 46r 37 % ' _7% 16% >v / j_A8 Z '81% ; 83% ^ _No par Lpuls 7% 32n4 . 1 / Niagara Share Corp_____4i___ -5 Nopco Chemical Co___/i__i fc__2 9 26y« Feb „ preferred_____Ne par Harlem 4.10% ~ . 8 <70% "Jan 19 • - 31 _■ Jan • « 12 I 25 Vi Oct : sop 30 11 49% Sep ♦ . 28 Jan 12 88 « Jan ft 99 % v >38% .391/4 •' -27 13 36% • . 15,700 ■'( 35 :% %37 J- 19 800 - •' 20% ' :: f 36 % ; 45% . - 3 13% >13% ... Niagara Mhk Pwr Corp cdtn_No par 3.40% preferred 100 3.60% preferred —1100 -3.90'A preferred 100 1 14 84% Feb Dock V- : Vi 371/4', 38 V 95 % 159 > : 160%' 134% 134% " 67.% 35%. 9% - , , par Y State Electric ft Gas Corp— Common /^__No"p»t / - 1 33% Feb 16 16% Oct - New . 4 90 York 66% . .114 ;r. 159'; x!8% :■ 18% ; ' 8% :l-v7.-r»14'%'-' 14% 1 L'13r,8 .14 " Common : No par Preferred 5% -Wrles A-^2__I^_100 r Mar 26 C23A Feb 28 Mav Jan 13 Apr 77% Dec 41 i 84 •81 25 Ail-Brake..,..™. N Y New Haven 4 73% July 18 4 383i Nov 29 -104 • \ 14 -73% Feb > 8 9 16 % Jan 4 " 15 31% Mar 15 16 % Aug 16 43 Jan ' . 1 ' ' Jan 38- : 18 85% Feb ' /' ''if >54% Jan-, -2 34% Feb 28 29 78 • 69% Nov 73 1 75 »A Nov 28 28i% Dec 1 6 82 ' 17 N !Y N 34% Dec Electric fiysteAi^ >-$5-non-cum : 41% Jan - 35% Mar 12; / - ll • 100 New York Central Y Chicago dc St Mar 28 " ■ i 7 V ,1 ; N • 86 - 38 ♦ *95-; % 12% -12% 39% 39% -46% 8 % Oo___2_i, —* preferred New York ; 26% *19% <19% V v-< 136 *134% 37.%k_37% . „ Pr & Lt Co 4% pfd_l00 Newmopt Mining, Corp____; 10 Newport News Sllip & Dry Dock.__l ." •, 26%. Jah -- 37% 19 • 101 •■ '••'•".'37% - 115 159 • ; •» /- 18% '. . __1 Vulcanized Fibre England *99 l'371/i 113'% 66% 45% .. __l ^ New Jersey : . 35 3A Jan , ; Mar 13 351 9 24 •: i 25 11 26 Sep Jan . 84 »/2 Jan 14 76 New .2/. 109Vi J^n . 8 Feb Jan1 3%% ~ ' / 69% - 36%; 160 V •r 22% • 37—/ 38 37 -19% -27 26 13% 54%- 22% 37% - ' 19%" 37% V 18%„ • __5 ___' Inp_2__+_Newberry Co (J J) common—No t , * J9Jfl . 160 % 13% 54% '•3G% . '• - 1,900 .- 34% , '• 37 260 ' 18 12%' 35 - 160 Vi 22% ■36V- 37.38 A?})5w- -:• 95-1/y .36%-- 36% Pa____—.__5 Co Corp Nelsner Bros / 20% 12% v 4 363s • 162' i 22% : lOOVi :xi9V4 • 66%-. , JKorpar.l Co_____ Nelit .. Feb 85 19% ;19% _lo Supply. (The) J Natomas Co 4 Ref Tea National 5 * 10 • Corp.— Sugar 69% 20% 25 •: 13% '-13% '•♦'."•■54 % 55 ' - V 19 V;-, - 69 Va - .12% 12% 97 ••*160% - 27% *99 118 17% ' National 'Theatres Inc Nat U S Radiator t 11 33% Jan 2 26% Sep - Jan 13 Jan " . 8 101 ' 20 35 - ;36Ji 37 % 27 .common. Natl<8ial c 2 16% Feb ' 18% *- 27%' . 36 Ve .. 69V2 118 17% ' Co National > , 14% Jan 11 V 2 2 < . 10%-Jan 14 % Feb 16% Feb 7 47V4 Jau 38% Jan 31% Feb 97 Vi Feb. 14 33% Apr 2 4 21 79 87% Nov 19 29 Feb - National 9 13% Jan fi 125%,May 8 6% Jan Mar 13 17% Sep 51 14% % July 30 - 12 12% Feb 27 3 17% Mar 19 :» :37 % Mar 11'. 9% Mar 18 5 Jan . 12 36% Jan '• Mar 29 i ■"0% Mar 20 23%. Nov i 32% Nov 17 15 May 28 t ■ .. >■ 3 Nov 3 13 11. 14 '»• 88% Jan V 50 Jan 9% Apr 12;% Oct . - 5% July 18 13% May 28 13% Dec 21 \.31% Dec 48 : • *99 - *' ' Linen National Steel . 40% Feb a *19 •• 27% _Noj>ar 3 Jan 13 • 35 - 55."'" 35% B 100 134% 135 Service Corp .^__1-«12-'a - ;12% Natl Malleable .& Sfeel Casi>_No par - 39% ' 39% -National Shares Corp___ *4? '.14 . 37% 8 '12%. . 35% ',.22% •22% preferred National . 33 % F*b . '••6% ; 7 •12% 13% 30% * 37% 37% >-•'- 95% -,95% Natloual. Lead, Co common__i__Il28v lV 115% 116% 7% preferred A ___100 % 158% 160 23 80% Jan 35% - . 84.50!,preferred—_No,pari 18% Mar 14 i 65 V* Mar 12 Gas National -Gypsum Co 23 •, '47% Jail 12 National Fuel ; a'4 118 %. Mar 28 162 1 20% ' 54% ^_537®-»•• 38% National Distillers Prod common-Jl a 4%% pfd series of 1951__. 100 ; J19% W 11 «tl7%Feb Cylinder Gas Co_2 National Dairy Produces. National Department Stores .27% Mar 21 18% Jan 7 36% Feb 15 39 5 9 - - 70 21-., »6SVa 17% f 36% "!,-;3G®4 *160 1 162% . National 69 % • .'. -21% -:'12% "33 - Cash National , 13 35% 35%- • rJ6l% .161^4 "*• • -13% 14% Register—^ 2__U - - .Wz:r 54% City Lines IncyV-22% 22% National 39%-Mar 29 132% Feb 20 12% Mar 13 77"% Aug 17. 87% Nov Jan Mar 26 23% Jan -,12.% • 69 »-/I 22'ii 118 17% Xl7% A * 117 11-9 *118% , 18 17% ---36%J*37^ "<1' - 119 119 . > 70 ^ 21%- - National -Biscuit Co ,, 38%,Mar 18. ; 4 Sep 12 94;.-Mar J3 100% Feb 12 24 20 Feb 55 22% Mar 25 35%" Feb 21, 156% Feb Mar 12 • 48% Oct 9 3 -94 9, 14% Sep; > 15% Jan 12 23% Feb 13,: 153 30 11% Jan - 20% JUn _i Inc..._1 National : 24 18% Mar 19 11 "Jan 26 161% Jan 30 • • 13 179 38% Feb 2 13% Feb 27 '♦ 105%'Feb 23i 10 2 Jan 46% Feb ; 6 ?123 % Aug 64 < ' July 20 ■ 14 Jan . 1 *13 ' =»o9 - Aviation Corp 5 common—J_ 10 7te .preferred A-^i I : _100 National Can Corp___-__-w_ ^10 35 155 21% Mar 32% Feb • > 34% Mar 11 ; • 30 61% Apr <y 76% Jari 23 ",154 38% Jan 18 Jau 101 % Aug 28 27 - Automotive Fibres 12 ' ' 119 • 18 ;i Airlines 29% Oct 20 37 % Dec 93 Co__ National 25% Jun 27 10 - National Acme National 42% Aug 14 '. «118 5 : 33% Dec 21 % Mar 19 92% Dec 3 Corp 13% Mar 13 26% May 14 ' ' V 20% Feb 8 Jan Natco . 30 15% Aug 17 11 Feb 80% Jan Nashville Chatt & 8t LoulS_____100 t. Mar 28 59 • 34% Jan ,4 ' N - Feb 179 13 20 18% Jan 11 8 20 39% Jan 24 • 21 " ■* Feb 69 ■ -Jan 11 42Y» Apr 17 20' 15 130 16% Mar 19 11% May .24 ' 12 29% Jun 27 Nov 26 35% Jun :< 82 • .< Feb 16% Feb July 16 July 25 22 23 ■23 *: 110 May 10 * c-20# •'■ L300 '.S ' ;T v/ Number 5625 Volume 185 ... The Commercial and Financial Chronicle (1533) NEW YORK STOCK EXCHANGE Range for Previous Lowest STOCK STOCKS Year 1956 Range Since Jan. 1 Lowest Highest Highest NIW YORK RECORD LOW STOCK exchange Monday Par . AND Tuesday Mar. 25 HIGH SALE PRICES Wednesday Mar. 26 Sales for Friday Thursday " Mar. 21 Mar. 28 the Week i hu Mar. 29. es o 49 Dec 58% Aug 14 13 48% Feb 12 90'A Dec 13 110% Jan 4 94% Jan 2 78 Dec 20 100 Jan 5 79 Jan 2 95 : Dec 18 110 Jan 11' 95 Jan 51% Jan 4 101% Mar 18 89 Jan 4.40% *92% Dec 21 23 July 17 15 Feb 27 16% Jan 14 Ohio 83 'a Dec 3 91 Jun 18 82 Feb 14 85% Mar 5 5% 33% Jan 1 31 k15% Dec 4 47% Apr 3 35 % Feb 11 44% Jan 4 Ohio July 10 38; Jan 14 42% Mar 28 '34 A Jan 109% Feb 19 17 % Nov 43 1 48 > 11 29 Nov 20 17% Mar 25 18 Jan 3 Feb 13 97 Jan 15 Jan 11 28% Mar 107% Jan 42% Feb 2 105 2 11 82 Jan 13% Jan 443A Jara 50% July 26 39% Feb 12 79% Dec 70% Feb 13 95% July 23 .59 17 10 Nov 60,' 98% 20 91 Nov 27 .84 Dec '> 6 106 Mar 26 July i35 Jan 27 90 : Nov 30 57 % Jan 98 18 51% May 9 102 y2 Jan 13 '99% 99% 16 15% 16 16 16 % 15% 84 84 85 85 84 85 4 Okie 99 % 99% 103 •10iy4 99% 99% •98 - 37% 37% 37% 37% 37% 38. 33% 84. 38% 41% 41% 42 42 42% 42% 42% 17% 17% ♦17% 17% 17% *17% 17% 93 *91 93 *91 93 Outlet Co 10 Overland Corp 68 18 Jail 64% Mar 104 Jan 3 "91% • 27% 17% V ♦91 93: 27'A 27% 27% 45 43 9 96 Jan 4% *• Mar 13 Jan iTbe) 443, 44% cumul 15 109% 27% 12% 87%,' % 89 44 . 109% 12% 12% 12% 88 , %!- *109 44% ■ 160 38% 15,500 42% 6,800 17% 93 *27% 27% 1,200 . ' 44%,;" ; 7,300 109 -109% 12%. 12% * 45 •io» y2 109 . 17,200 45% - 111 ' 1 *85 88% 400 • ' 12% '12%" 12% ' 13 87 88 10,500 ; '87 ' ' 130 ' 42% 42% 43% 43% 43% 80% 82% 80% 81% 80% 80% ' 77 76 76 76 76 " -16% 16% 16% 16% 16% : 51% 51% " 16% ,43 52 52% 61% 62 % 61% 62 98% 99 ' 98% 99 41'A 41% 41 _1" 44 43: V 51% 50 % V" No par 94'A 10,000 14,500 43% 1 88% » ^ 76 ' 16'A, 16%. * wy. 76 • 16%. . 51%" 50%, *75 .16%. 1 51 - ' - 80 500 .. »10,200 51% ' * 6i 62 61% ■, " 40%' v 98% 98% " - 43% : "81% 79% *75 62%; v 15 ' • 100 common.: 240 1,200 , •ma 27%'. 44%, " 7? ., 1 I ., ♦91 ' 27% 27%, *86% 6.25 A preferred' Oxford Paper Co S5 preferred ; 110 *88 6.25 1 . " 44% 110 No par Owens-Illinois Glass Co 2 '" 100 83 %c ; ; Owens-Corning Fiberglas Corp 6 11 Corp i__; __ v .. .230 lb 84 42 ya , ,. 99 % *15% 41% .100 ; 15 102% 37% _l Elevator Outboard-Marine Jan 85% - - 15% 84% 100 4convertible preferred 16% Jan Mar 29 :36% Feb 93. 99% 103 9,000 , 100 99 85'/a •ioiy. 84% *101 50% 99 86% - • 15% 7.50 Oliver Corp common. " Oct 85 98% 3 83% Mar 21 50% Mar 27 5: July 11 - 50% 101 •98% 84% " «_20 j 85 Mar 20 16% Mar 27 . 50% 50% 50% 101 83% 102% 10 com ©on* preference 1951 series— 11 2 76 Common 11 3 31 11 Mar 12 89% Jan 14 >16% Sep . 112 3 33% Feb May Co Oklahoma 12 , 49% Feb >77- JElec Sc 50% *98% 86% *84 *100% 5 4% preferred ■ Preferred 4.24% series _l— Natural Gas , 7 50 % Jan 13 11% Feb 9 Gas 100 85 102% loo _x4e par _ 51 100 50% 101% *100% .100 common Co_— 50% 85 100 preferred series A Oil 50% 100 100 OUn Mathieson Chemical Corp— Feb 9 - Match Co Oklahoma 93 13 100 preferred preferred 4.44% 99% Mar 25 26 17% Jan 31 1 26 Jun 62% Aug 130% Aug May 28 80% Dec Feb 29% July 16 164 •' 3 Nov 105 94 19% July 13 97% May 29 23 Ya Jan 10 common. preferred 4.56% 1 Co preferred 3.90% 29 103% Mar Edison Ohio 7 94% 41% X40% *93% . ' 98 8,000 1,500 ■1,300 62% 98% 61% . *98 Vi 98% ' ' 41 40% 40% ; • 95 *93% "i " 94%' 95 94 94%;- 40% •' 94 « - 40 ; l 9% Jan 10 16% Oct 5 13% Jan 17% Jan 22 17% Jan 22 •15% Feb 5 Feb 12 23 23% Feb '31% Oct 10 28% Nov 27 31, 40 Oct 2 !;47 ■35% Nov 29 ♦" ; 6% 16 Dec 40 Jan Pacific 22 18 26'A Jan 18 12 35% Mar 50% Jan preferred _25 *24%. 25 24%. 24% *24% 25 Pacific Finance lo *40 40% 40% 41 25 49 49% 48% 49 37% 37% Corp Pacific Gas & Electric 38% Mar 29 Pacific 33 % Jan 9 Pacific Mills 7 1287/a Jan 2 137% Mar 12 Lighting Corp 28 9 Mar 8 9 15 21% Mar 20 Feb 20 Feb 11 7 Jan 53 Dec 26 48% Feb 12 103 Jan 6 88% Jan 2 36% Jan 42% Dec 3 28% Jan 2 34% Mar 10 40% Jan 8 45 Aug 27 40 % Jan 4 8 23 17% Dec 3% Oct 2 12 26% Jan 18 3% Feb 18 46% Jun 4% Jan 12% Jan. 26 Mar 27 30% Jan 49 Feb 6 % 6% 15'A 51% 52% 51% 52% 94 93% 93% No par 51 % 52 *92% 94 41% Mar 12 39 27 Dec 21 24% Mar 26 20% Mar 22 22% Jan 23 25% Nov 14 29% Jan 26% Mar 27 : 20% Oct 26 11 13 7 44% Mar 7 25% Jan 28% Mar 27 78% Nov 29 Jan 11 Jan 27% Mar . 23 common 168 12 96 18% Oct 24 10% 10% 10%. 10% 10% 26 26% 26% 26% 26%. 26 Ya 52% 53 52 'A 52 y4 51% 51% 51'A 51%. 51% 52 •25% 26% *25% 43 43% 43% 43% 43 43 7/b 42 V* No par No par 82% 82 82% 34% 34% 34% 13% 13% 13% 13% 13% 14 54 Dec 27 105 2 37% Feb 4 $1.60 Peoples 22 % Mar 191 % Mar 28 18% Jan 2 3 45% Feb 25 50% Mar 20 Mar 1 95 Jan 14 98% Mar 28 17 Mar 11 19% Jan 4 3% Mar 12 4% Jan 15 51% Oct 42% Feb 12 Apr 17 76% Mar 19 95 Jan 10 51 Feb 5 35% Dec 40% Mar 23 36% Jan 18 26% Mar 14 21 26 107 19 20% Dec 10 96% Dec 28 112% Jan 84% Dec 17 93 Dec 103 Dec 17 Jan 16 Dec 5 64 Dec 26 39% Oct Dec Feb 23 2 105 102 Feb. 24 87% Jan 7 94 % Feb 14 106 Jan 4 94 Jan 3 104% Feb 10 109% Jan 10 104 Jan 30 23 29% Nov 19 24% Feb 12 62 47 1 14% Mar Feb July 11 3 Mar 28% Jan 74 Jan 10 91 76% Jan 5 45% Mar 82 Feb 77% Feb 4 14 13% Jan 3 21 96% Jan 2 5% 1 56% Dec 10 43 % Feb 12 :53% Jan 4 Phillips 12% Jan 18 31 8 % Jan 4 40% Feb 18 3.9% 9 59 % Jan 102 Feb 3 3 ■ Phoenix 20% Feb 20 Plllsbury Mills Inc $4 preferred Piper Aircraft Corp 10 Jan 3 70% May "l 54% Jan 21 60 9 28% July 25 21% Feb 11 27% Mar 20 26 96 86% Feb 1 93 Mar 26 100 21 93 Mar 22 86 Dec 89 Dec 7 32% Feb 13 16% Jun 8 Apr 10 Apr 50% Nov 19 4 149 Dec 11 20% July 27 163% Jan 16 140 Dec 21 170 Jan 23 37% Feb 13 69 % Dec 74 88 Jan 39% Feb 15 J6% Feb 12 144 146 46% Jan 7 187/s Jan Pltney-Bowes Pitts $5 Cfbke 150 9 Feb 6 Pitts 100 „1 14% 14% 63% *62% 42 42% 42% 42% 42% 42% 42% *77 90 ♦78'A 80 •77 80 *71 *75 85 ♦71 80 *71 11 13 16 Apr 40% Apr 20 14 Jun 25 23 Jan 23 21 Dec 45% Nov Feb 12 15% Jan 16 6 38% Aug 20 31% Feb 11 37 Ya Jan 4 27 Mar 12 31% Jan 10 11 23% Mar 23 21 Feb 13 22% Jan 16 15 55 44% Jan 28 50% Jan 2 Aug 10 7% Dec 31 10% May 63% Dec 27 74 37% Dec 10 2 7% Jan 2 May 1 49% July 25 64 Mar 38 Jan 30 40 % 35% Nov 29 July 24 37% Jan 2 1 9% Jan 67% Jan 22 18 45% Mar 5 39% Jan 29 Young West & *71 ♦71 10% 11% ♦11 •95% 97% ♦95l/a 97% *95% 97% 44% 44% 44% 45% 44 Ya .•45% 44% 45% 11% 43 95 •10 42% ♦93 11% 11% •10 42% •42% *92 ,• ♦10 43 95 85 85 80 11% 93 42% ♦92 18 % 18% 18% 18% 18% 11'A 11 *9% 11%42 42'A 'A- •92 93 18% 18% 11% 11 42% 1,400 93 18% 1,400 59% 58 58 58 58 58% 58% 59 y4 59 Vz 1,400 26% 25% 26 25% 25% 25% 25% 25% 25Y4 2,900 93 93 *92 ♦92 93 *91% 94 •91% 94 40% 41 40% 41 —1 17% 17% *146 150 *147% 149% 17 *146 149% : 17% 94% 94 *92% 41% 94 *92% 41% 41% 17% 17 18'A • 18'A 18% 42% 6,400 18% 5,800 150 ♦146 149% 148% •146 150 146 146 10 148% *147'A 148% 148 »/a 148% 30 1,700 56 57% 56% 56% 79% 80 ' 79% 80 7% 7% 7% 10 27% 21V2 27V« 27% 27% 27% 27% 28% 28 V* 29 100 ♦77% 79% *77'/a 79% *77% 79% *77% 79% 77 y2 77% 100 *80% 81% 81'A 81% *81% 82% ♦31% 82% *81% 82% 100 24% 24% 24% 24% *24% 24% 24% 25 pfd 100 *132% *132% 135 preferred 75 Virginia Sc Ash 1 135 *132% *132 '/a 135 63% 647/a 63»/a 91 90 90 135 64% 64 63% 91 10 94 42 •92 94 40% 150 *92 94% *89% 63% 92 •90 Va , 7% 4,200 5,400 7,800 10 100 25 ; 64% 25 135 135 10 64 6,100 91 300 63% •89 92 1,500 15% 15'A 15% 15% 15'A 15'A 15% 15 15 700 33 33 32% 33- 33 33 33 % 33% 33% 34 3,700 10 27% 28% 27% 27% 27% 27% 27% 27% 27% 27% 1,700 10 21% 21% 21% 21% 21% 21% 21% 21% 21% 21 Ya 2 46 % 46% 46% 47 47% 47% 48 48% 48% 49 9Va 9% 9 9% 5 Power Co Gamble Co Serv Co of of 9% 9% 9Ya* 9% •9 9'/a 6,400 11,300 8,500 70 67 67 67 67 66 66 Colorado 10 43% 43% 43'/a 43% 43% 43% 43% 44 r 43% 43% 1,800 Indiana No par 38% 38% 38% 38% 38 38% 38 y« 38% 38% 38% 3,900 preferred cum Public Serv 0 15% No par *66 67 ♦66 y« 67 *78 80 Dec 31 88% Mar 29 72 % Jan •78 80 ♦78 79 *78 80 *78 80 26 26% Jan 30 22 Jan 15 24% Feb 4 4.32 % preferred preferred 100 22% Dec 25 ♦23 23% ♦23 23% *23 83% ♦23 23% ♦23 23% 21% Dec 5 26% Mar 14 22 Jan 7 23 % Feb 4 4.16% preferred 25 *22 23 *22 23 *22 23 ♦22 23 •22 23 100 *114 119 ♦114 119 *114 119 *114 119 •114 119 71 108 Nov 31 Dec 3 26% Dec 11 29 82% Dec 21 85% Dec 120 ■ 26 Mar 19 111% Jan 3 Feb 7 8 31% Jan 2 32% Feb 4 27 Ya Jan 3 29 Feb 4 118 3%% 4.20% preferred 89% Dec *1.40 85% Jan 14 92 Feb 27 Feb 15 86% Jan 15 92 Mar 13 div 4.08% 4.18% 17 106% Feb 15 22 % Jan 3 29% July 25 62% Oct 1 74 37% Jan For 4 foot-notes % Jan 51% Apr see page 3 5 28. 90 Jan 7 95 Feb 24% Jan 21 29 Mar 28 59% Feb 13 66% Jan 37% Feb 12 46% Jan 1 11 4 Sc Gas common_No par Pub Serv El 16 103% Feb 104 79 10 July 25 35% Mar 32% Jan 8 ' ' 2,000 30,200 26% 2.50 Electric $4.75 100 59 Publlcker Industries Inc common Public 79% 18% Co & 8,100 79 % 7% Inc Potomac 43 Ya 18% Plymouth Oil Co Poor 30 43% 97% 45 y« (The) convertible Procter 14,500 44 •95% 44% 1st series prior pfd Plough 14,800 14Ya 63% 56% 16 22 27 Ya ♦11 *95% 42% 30 14% 15 63% 11 97% *93 60 100 *62% 27% 79% 23 30% Jan ' 14% *62% *10 300 240 80 14% 63% 7% Jan Co 27 y4 27% 27% 100% 79% 27% Jan $3.50 105% 14% Plate Glass Co__ Pittsburgh 105'% ♦62% *91 Metallurgical Inc Pittston ♦99 y2 105 %. 56% 27 15 100'/a 7% 92% Apr 15 *99% ♦104 93 79% 7 Mar 29 •91% 105 56% 80% Feb 70% Jan 27% 27 91% 99% 105 *104 91 Vu 105 7% 77% Mar 29 99% Jan 99% '• 21% 21% 105% 56 4 135 98% 105 21% 21% •104y2 79% 84% Apr 4 91 91 22 104% 92% 7% 23 Mar 13 25% v 79% Oct Jan 26 98% *104 22 104% 57 4 60% Mar 13 98% 105 •90 23 105% 7% 37 V* Jan 87 25% 91 *22 ♦104 79% 26 % Mar 18 130 50% 97 56% 17 1 •95 -; 1 39% Dec 19 97 10 9 31 49% 49% 49 *95 2.50 24% Feb Dec 49% 97 •95 15 Pittsburgh Screw & Bolt Pittsburgh Steel Co common 5% preferred class A 99 *98% ♦104 91 104'A No par Pittsburgh Feb *22 No par 2 71% Nov 48% 48% 97 20 -10 com 10 155 1,800 23,700 —2 Co 10 31 1.100 4Y« 4 —1 7% Jan 28 17% 62% No par 68% Jan Dec 98% 17% 4 14% -25 common 85% Jan Dec •97% 17% 4 100 12 90 98% 17% 4 —1 com 19 36% Jan 24 98 "/a 17% 4 100 11 132 98% ♦17% 4 5 7% Feb & ♦97% 17% 62 3 —1 Forgings Co Wayne & Chic Ry com. 100 100 guaranteed preferred 5%% 98 100 Inc Pittsburgh 900 7,300 No par 757/s Feb 85 12,000 49% 9,800 52"% Feb . 21% 49% 38 Ya 3 25 21 Va 49% 38% 10 80% Mar 12 21% 49'/a 38% 17 23% Feb 21'A 49% 38% 8% Sep 35% May 14 21% 49'A t- 49% 38% 96% Apr 7 100 21 y.t 21% 38% 10 19 66 38% 10 23% Nov 66 66 38% Jan 81% Dec 1,700 *63% 39 6% Feb 78 190ya 190 66 38% Ft 7% 190% 188 Va 58% Pittsburgh Pitts 300 191% 185 22,300 1,900 57% Pitts Consolidation Coal Co 21 35% 58% preferred preferred (conv) 11 48% *95 11% 22 Ya 34 y2 57% 5 St Chem Jan 49% 97 11 y4 22% 34% 1 57% convertible $4.80 ■ 4 11% 22% *34 56% Hosiery 146 Mar 15 Jan Jan 48% *95 100 3 22% Feb 45 17% 4 —5 21 93 98 17% 170 57 Petroleum Jan 5 98 4 21% 470 . 17,300 1,600 56'A preferred 10% Mar 15 Feb *49 4,400 101% 11% 34% ♦63% 8,400 22% 11% 22% •34 (56 4,700 10,400 58% series preferred Phillips Jones Corp 44% Jan 89 50 11% 22% - 44 100% v 20 57% ! 18% Mar 12 17 60 100 No par common preferred 24 Oct 21% 50 100 10% Feb 5,200 12.50 preferred Phila Sc Reading Corp Philco Corp common 3%% preferred series A Philip Morris Inc common 94% Jan 89 100 *153 21 % preferred 16 8% Dec 40% Dec 1 common (conv) 4.88% 99 % Mar 14 , 184% 4.30% 15% Jan 46% Oct 183% 66 No par Sc Co Inc preferred Co 8 May 185 „_33y3c Corp 12% May 25 60% 96% 17% 66 60% 101 -•96% 4% 60 185 19 12 59% ♦63 *89% 6 60'/a 100 100 2p 21 60'A 34% preferred 3 60% 12 3.80% 16 -•59% 23 12 29 20% 60% 11% 104% 17% Jan 20% 20% 34% 100 3 20% 20% 22% preferred 68 % Jan 41% Jan Mar Jan, 20% 20% 12 4.40% 1 94% Mar 12 3 106 20% 20% .100 $1 conv preference com Mar 29 95%- 34> 5 Phila 6 2 95% 23% 1 Electric 95% 34 preferred (Chas) 44 102 95% 23 Corp of Amer Brewing Co 2nd 43% *100'A 95% 5 100 4% 43% 101 y3 95% 10 common Phelps-Dodge 31 Jan 78% Nov 27 71 ' Jan Co 44% 43% •100% 59% 11% Petroleum Pfizer 2 40 Milk 4%% 15 1,200 20,400 1,100 1,200 56% 96 43% 10 Inc •54 101 20% common Stores * 56% ♦54 56% . 95 % 43% *95 "4 Mfg Co Corp *54 .22 22 100'A 43% 100% preferred Drug 56% 100 Pfeiffer Jan 98% Jan 36% Mar 13 Pet 63% Jan 13 91 7 50% Mar 23 96 43% •54 100 Pteorla St Eastern Ry Co Pepsi-Cola Co Jan 54% Jan 23 No par Peoples Gas Light & Coke 9 12 7% Mar 12 10 93% Oct Penn-Texas 8 25 Jan com 56% 40 Pennsylvania Salt 69 1 Pennsylvania RR Feb •54 Corp 50 62 % Mar 14 8 22% Apr % Nov 26 Sand 21 35 v 5,800 27%. 34% Power 13% Jan • ■; 22% *26ya. 81% 22% Jan 2 42% •21% 13% Glass 25% Jan < 26% 34% 11 Feb 42% 43% 82% Feb Jan •25% 26 1,000 . 3%; 34% Penn 65 ■ . 81% 9 165 26% May 18 20 3 v. 10 26% ♦26 3% 14 Penfira 11% Mar 29 3 16'% Oct , 10% 26'A Corp. (The) : Corp 55% Jan Aug 15 Jan Nov .'IP • 10% '/a 10% 26 10% 5 *3% . 34% 7 26 3% 3% series preferred Sep ,3%' *3% 82 % & Light preferred Jan *3% 3% ? 160 12,700? 21 y4 49 % 21 34% 4%% 64 24 t 20% 3% 49 •23% 82% 4.40% 147 23% 21%? 21% 34% 2 9 49% 23% 23% 20% 14 29 5 50 y4r 23% 20% 49% 23% 20% 84 60 22% Mar 27 9,200 49% 49%' 24 % 21% 48% 24% 25 Penney (J C) Co Penn-Dixie Cement Pennroad 33% Feb 30 . 45% 13% 25 6 . 34% Jan 13 45 81% Jan 35% Feb - 1 101 31% Jan 44 1 106 1 I 44 No par 2 27 45%: : 27% 2 32% Oct ?■ 27 Va 25 21% Jun 44% 27% 43 % Feb 6 13 44 % *26% 92% Jan 66% Sep 19% Jan 46 27% 94'A Jan 45% Jan 23 -.11 Dec 17 6,700 »•' ; • *44% - *26% 2 20 : 95 '*44% 33% 27% 3 Mar 29 33% , ♦20% 29 28 35,300 ; 33%. 34% 27% 12 29 33% 53 53 •94 33%. *26% 52% Feb Nov \ 33% 25 68 21 , 95 *94 27%.. 14% Jan 24 '45% Jan 33 *26%, 29 Feb *93 27% 49% Feb 48%' Jan - 33% 21 % 85 % Mar 13 112 % Mar 33 21% 40% Jan 109 53 180 5,700 6 ♦26% 2 19 52% t 15 y„ 15 15% 21% 12 27 6 1: 15% 26% 30 Dec 6 •6 . 26% Feb 92% Dec 1,060 y 135% 135% *20% Jan 91 136% 27% 13% Jan "43% Nov 26 135% 21% 34 Jan 137 ♦20% 77 12 1 *135% 135% *26% 9 Dec 500 , 128 y2 25 43% July 11 16% Jun 18 2 30 128% preferred $1.30 3,600 38% 128%:. 25 23 Jan • 128% preferred 30 101 38 •29 127% 49% . common Nov " 127 % —.3.50 Telep preferred 30% Jan 13 Xl35»/a 128 20% issued $1.32 8 127% —1 conv prior preferred Penick & Ford 41 < 49% 5% Peninsular 8 7 ♦23 % Enterprises: Peabody Coal Co Nov 38 29 - No par Transportation Patino Mines & ; v Pipe Line— ,_+_; preferred When 37 137% 100 Paramount Pictures Corp 1 Park & Tilford Distillers Corp _1 Parke Davis & Co No par Parker Rust Proof Co__-__ 2.50 54% Mar 18 13 29 15% Common 7 * 37% 30 6% 2 21 56% Nov 26 20 . 15% 24 25 Jun ♦29 6% Parmelee * 48 %'V • " 37% 37'A < 15'/a 2 Mar 27 37 48% 6% 21% Mar 28 . 48% 15% 50% Mar 28 12 16% Jan 10 '14% Jun : 48Ta 48% 3,600 9,500' " _ 42% Feb 6% Mar 12 '10% Sep 26 '27% Sep 26 500 41 %. 6% Mar 29 22% Feb 20 24%.: 15 Va 29 9, 30% Jan 12% -Jan ' 48% 1 30 400* , 40% 1 East . 24% 1 4% 2,200 . 40% Pacific Tin Consolidated Corp_ Pan Amer World Airways Inc 16 17 57% Apr ;2J>/8 Jun % ♦29 400 ; 16 •24%. 137 93% Mar 27 ' 30 14% v 24%-'.' 40 V* 100 Panhandle 13 31 27% Nov 29 37% ; 15% 24% *:■ 24% -■ 128%. 128% 4 56% Jan "37%' ♦29 „ .14% . 15% 25 *24% 40% 40 y8 , ' I 14 . 15%s <15% 100 11 19% Jan Dec , No par , Dec ' No par. 2 ; i, ' '48% ,29 : C • Pacific Telep & Teleg common V 6% preferred ,86 : common.: ' 5% 9 8 14 25 131% Mar % Jan 27 14%, 15% '♦24% 2 9 ♦14 15% 24% 152% Feb 26 14% 15% 24% Co 15% 14% 15% 2a 1 14% 25 28% Feb . *13%. *24% 123% Jan v 54 __5 Sc- Aggregates, Inc_5 „i Pacific Coast 41% Mar 29 11. Amer Fisheries Inc Pacific Cement 2 Feb -48% Feb 12 Jan Jan 142% July 16, 30% Nov 29 Dec 24. 16% Jan 31 17%' Jan 27 23% Jan 1G 53% Mar 28 122% Sep 28 128 Jan 22 4.30% 31% 31% 31% 27% 27% 27% 27% preferred preferred preferred Puget Sound Pow Sc Lt to Pullman lire eVTb OB 31% 31% No par preference com (The) 100 *85 87 100 — 27% - *"*90% 91 86 *90% *91% 31 y2 31% 31% 27% 27% *27% 28 86 y4 86 y4 •85 86% *9oy4 93% *85 91 "*90% 92 27 27% 61 £0%** 61 % *90 y4 91 93 •91'/a 93% 28 27 Hr" 27% 60% 28% 28% 29 28% 28Ya 61% 61% «iy2 61% 61% 61% 5,200 2,400 38% 39% 38% 39 y8 24,800 38% ; ' ' 8 38% 38 38% 70 91 93 93-" 92 18,100 2,700 91 •91% 86 10 31Y4 31% 27% 86 Yz T7Vi No par ' . 38% 39% Ho . 25 >*'• "*• * The Commercial and Financial Chronicle.Monday, April 1, 1957 (1534) YORK STOCK EXCHANGE STOCK RECORD NEVY Lowest Highest • NSW YORK Range Since Jan. 1 Fear iiiab Lowest * STOCKS Range for Previous . LOW STOCK Monday EXCHANGE Highest Par AND Tuesday Mar. 23 SALE HIGH Sales for PRICES Wednesday Mar. 20 . Mar. Zi iU»i tha Week Friday 'liiursday Shares liai. sJ ....» Q ,;31 35% Mar May 28 130 Nov 21 Feb 153 33VaJan 7; 2 Jan 4 131 20 26 »/4 Mar 26 33% Apr 19 29% Dec 28 31% Jan 21 14 '72% Jan 3 70% Nov 27 87% Feb 15% Dec 20'4 July 11 4 53% Jan 23 59% Apr 28% Nov 29 44% Aug 1. .48% Feb 12: 3 Feb* 11 Quaker Oats Co 6% preferred 5 35% Jan Radio Corp or America com 24 17 56 " 1 Dec 27 16% Aug 111/2 Mar 14 34% Jan 13 Feb July 19 19Va Mar j.u va 6 20% Jan 12 34% Jan .4 31% Feb 311/2 Feb 37% May 14 44 Va Jan 37% Apr 40 Dec 31 4 20% Jan 11 30'/a Apr ' 10 jan v t *0 36 Jan, 6 40 Feb 23 25% Mar 27 5 31% Jan 11 8% M£r 26 12% Jan 8 $ . 2 Reeves 6% Feb «.«i 15 V* Jan <i 30 Mar 29 62 Feb 23% Feb 25 32% Jan 10 $tores Corp Mfg Co common pfd SYaVc 6eries Republic Aviation Corp 5 Va Jan 8 7% Jan 22 Republic 18 26 Feb 64i/2 Apr 4 o9 iviar 28% July 19 431/2 Jan 3 Nov 27 8% Jan 16 5 11% Dec 151/a Jan 18 42% Feb 13 11% Mar 10 4 12% Jan 48% 12 59% Jan 31 >/a Mar 23 35% Jan •1 25% Dec 27 28% Dec 10 '2 c ■ 12 9% Feb 8 3 51% Feb 5 49 Vz Mar 19 42% Jan 3 14 10% July 26; 45 % Feb 13 85 41 % Dec 27 Aug neui 2 Revlon 4 Oct 54% Jan 3 Apr 26 Apr 26 69 Jan 2 69 Jan 2 Sep 12 '89% Jan 16 80 Mar 8 82% Jan 22 91 Dec 21 1051/4 Jan 11. 921/4 Jan 2 17% Dec 5 J 1A 70 7 37 Vs Mar 15 XI /•* X' 07/0 66 % Jan 84 V4 23 Apr 31% Nov 29 42 Va Aug 18% Jun 29 23V2 Jan 28% Apr 2 6% Feb 21 13 29 /, Feb "27 510 Apr 2 105 Jan 16 00 iJ 93 31% Dec 13 24% Feb 12 30 Jan 12% Feb 12 Feb - 34 5%% 2 2 Rotary 47% Mar 26 36% July 16 30% Jan 2 37% Mar 28 23 38% Apr 28 Feb 26 30% Jan 11 28 131/2 Apr 26 4 9% Jan 18 71% Dec 80 Nov 30 Feb 13 155 38% Dec 5 52 .22% Jan 16 97% Feb Dec Dec 3 3 Nov 7 Jan 5 215 40% Feb 9 Dec 12 17 29% Jan 19 12% Jun 8 ' May 28 44% Feb 14 ;18 17 60% Feb Jan 33 12 81 Jan 2 Feb 14 150 38% Jan 2 jan 25 22% 20 13 91V2 Mar 23 tl<i Mar 28 Xvidl' *9 Jan 38 % Feb 12 16 22 Va Mar 631/4 Apr Jan 48% Jan. Feb 29 26 35% Jan 8 Jan 23 17% Jan 29 18 Va Feb 57% Nov 29 751/2 Mar 77% Dec 95 90 19 13 21% Mar 22 13 62% Mar 27 / Dec 12 33% Dec 21 78 Dec 28 4OV4 Apr 89 V2 Mar 35 Dec 28 44% May 16V8 Feb 12 17% 57% Feb 11 Jan 2 86 93 Jan 4 102 Mar 700 56% 11,900 Mar 55% 55% 97% 97% ir 18 Vs 55% *97 2% 3 *66 66% 65 7 82 Feb 30% Feb 11 36 Jan , 6% 6% 16% Feb 13 17% Jan 54% Feb 12 70 Jan 13 7 13 Jan 15 16 Jan 26% Feb 11 29% Jan 7 Mar 12 15% Jan 3 Selberllng 4% Mar 4 Servel Mar 5 Dec 28 23% Jun 28% Dec 20 36% Jan 3 12% Jun 1 21% Feb 29 7% Apr • % 4 . . 4 24 3% Dec 27 27 3% Jan 8 26 63 Mar 15 42% Jan 7 54 50 Apr 19 16. Feb 6 26% Jan 2 39% Jan 39% Jan 59 July 11 49% Feb 12 55% Jan 11 59Vt Dec 4 20 8% Dec 14 221/4 Nov 27 62 % Jan 10 11 Va May Feb 26 100 V2 Aug 17 48 Feb 12 58 Vs Jan 18 8% Jan 25% Feb 11 22% Feb 8 72 Va Feb 12 90 Shahmoon 9 r Jan Sheaffer 4 i Shell Transp 15% Jan 35% Mar 26 7 Mar 19 29 45% Jan 19 551/2 Apr 551/2 Jan 88 4 55% Jan 23 Nov 72% May 6 6% 8.900 28% 28% 28 Va 28 % 28% 29'% 28'a 28 Vs 6.800 36 *34% 35% J 35% 35% 36 36 *35% 36 Va 28% 28Vi 28% 28% 2 8 Va 28% 28'/a' 28% 28 Va 2.100 28% 28% 29% 29% 29% 29% 29% 29 Vs 29% 15.500 365 368 366 , 96 28% 26 3,100 73,300 X34% 35'/« 35% 36 % 36 Va 373a 36 Vs 37% 22,100 29 Vs 29 V* 29% 29% 29% 29 29% 3,700 9 65%' 8 10 100 29 Vis • ; ■"» 66%' 91% 148 23% 23% 100 70 *176 5 20% *68'/* 16% 195; *176 195 . 40% 95 Va 40% 40% *94% *94% 94 % x21 % 21% *21V* 21% 31% 31% 40 % 32 '15% ' 15% 16% 73 Dec 17 61% Feb 13 10 67 Aug 46% Jun 3 60% Jan 21 70 Feb 26 Smith 3 7 36% Feb 25 11 32 % Jan 12 16% Jan 2 49 64'/4 May 10 47% Feb 13 % Sep 20 18% Jun 6 74% Jnn 20% Jan 56 Jan 4 11 3 24 13 July 10 12% Jan 24 17% Feb 7% Dec 17% Jan 12 20% July 31 18% Jan 45 21 53% Jan 16 46% Jan 9 51% Feb 32% Mar 27 33% Mar 28 39% Jan 11 35% Jan 25 Dec 7% Mar 8 6 2 21% Jan 18 (A O) 13 5% 15 40 17 21 54% July 27 45% Jan 2 19V4 Jan 48% Mar 28 11 23 preferred Southern California 20'A Jan 2 22% Feb Southern Co (The) Mar 16 Mar 26 31 33 Va Apr 18 33% Jan 23 39% Dec 31 44% Nov 29 38% Oct 1 58 V8 Mar 23 49 3 8 May 16 30% Feb 4 Va Mar 14 Rlpo 45% Jan 81 281/2 July 19 26 Jan 29% Mar 28 Southwestern Spalding % May 15 17% Nov 20 4 38 May 28 Dec 12 47% Jun 25 95 Vs Nov 30 16% Nov 1 21% Nov 29 21 Jan 17 6 % Sep 4 63% Aug 17 73% Jan 18 103 % Mar 6 ?4V4 Mar 20 29% Apr 2 96 % Dec 31 11% Dec 19 16 Va Jan 3 70% Dec 28 22% Oct 1 83 Va Jan 17 31% Dec 7 For footnotes 105 see July 17 page 28. 22 19% Feb Jan 16% Mar 11 4 % Mar 27 18Vs Jan 40 Jan 3 65 46 Feb 6% Jan ' Jan 8 4 17 10 7 28 28 54% Jan 92% Feb 13 94 Vs Jan 9 17 Feb 25 19 Vs Jan 14 20 Feb 12 23% Jan 9 96 J«n 3 98 % Jan 15 10% Feb 12 12 V* Jan 4 4 69% Mar 23 72% Jan 7 28 Vs Feb 32% Jan 22 12 Southern 5% & (A G) & 13% 13% 13 V* 13% 13 % I3V4 13% 13% Spiegel •4.50 Rand Cnrp . 20% 19% 20% 52 V* 1 50 52% 54 50-s ?•; 49% 8% *23 Va 3% 48'a 79% ^ 800 3.400 4 : 48''-> 40 20 20 % 19% 19Vs 2.700 55% 53 % 53% 17.000 50% 11.600 49% • 8 83b 8% 79% 50% <" 81% 24 *23 "4 78% 3% 48% 54 49 49% 8% . 49 55% 54V4 24 4 *3% *48 50.300 20 -19% 50% . 37s 48 Va 4 48 8% 24 *23'% ' 491/2 8% 1,3001 8% 24 24 200 7,400 80% 80% 81% 817s 82 24% 23%, 24 231%. 233"t *19 Va 19% 19% 19% 19 % 19% 12% 12% 12% 12 Va 12% 12% 30 Va 31 31 30% 30% *30 % 31 30,% 30% *30'/* 44 24 •' 43% 43.,. 77' " 43 34 77 - 60% 60% 60% 60% 60% 68% 69 69% 64% 67 67 67% 37 Vs 371/4 37 37 43% 44 44 44 Va 44 Va 77 Va 78 76% 77 61% 61% 61''a 20,600 693s 69% 4.4C0 67% 68% 5,100 *36 Vs. 37 V4 500 17% 54% 18% 59,900 69 67 37 17% 18 17% 17% 17% 17%^ ""52% 54 53% 54% 54 54% 18 Va 18 xia 18% 8% 8 Va ."8V* 20% 20% 20% 48%- 18% 69% 18% 8% 8% 20% 48 48 33% 32 Va *33% 34% 47% 47% 47% 48 48% 2TV8 21% 21 Vs 21'/* 21V* 5/64 ! 33% 33% Co iV 8% 54 18% 600 1,600 4.000 48% 8% 8% 24.400 20% 21 21 Vs 4,800 *46 Va 48 % 33% 33 7 8 33 Vs 33% 33% 33% 34 V* 34 %, 48% 48i% 48% 48% 48% 21% 21% 21% 21Va 21% 42,300 7/64 3/32 7/64 7/64 Vs 584.200 „ 100 5.800 .. 3300 6.600 31 31 30% 31 Vs 30% 31 31 31 Vs 39 V* 38% 391/4 38% 39 38% 38% 38% 38% 10.800 42% 42% 43 V* 43 3 s 43 Vs 43 Va 44 43 V* 43 Va 19.100 41% 41% ,41% 42 Vs 42 Vs 42% 43% 13.200 39 31% 18 Vs 28 1 V* 16% 1 4% 46 6 181/8 82 28 % 17 4% 66 *60 __Nq.par % 47% 18 18% 18% 18% 82 *78% 28% 29 28% 29 28% 17 4% *60 46% *17 17 4% 4% *60 63 4612 46 *92% 17% 4% 63 46 Va 95 95 *923s .17% 18 17 Va 17% 17% 17 Va 20% 20% 20 Va 20% 20% 96% 963* 97 97 *96 . 18% *78% *92% 50c 42'% 82 1 _25 ■ *78% 100 95 • *17 4% *60 46's *92 3 s 43 18% 82 29% 17% 4% 63 46% 95 42% 18 V« *78% 29 17 4Va *60 46 *92% 18 Vs 2,500 3,200 82 29% 17 4Va 13.600 1,300 4, COO 63 46 Va 1,900 95 17% 17% 17 V* 17% 3,100 20 Vis 20% 21 20% 20% 37,500 97 97 97 96 97 11% 11'/a 11% 11 Va" 11% 190 6.600 11%. 2 5 *46% 18% : 17% 1,900 42% *31 *78% No par 17% 54% 48 *47 5/64 17% 54 18% 33 3* 2o common . 67% 37 20% 8% 32% 34 100 Inc 67 % 2Q%- Va' 69% 691/4 37 • 20% 8 1.000 61 68% „ 800 3.500 .. 60% 37 V* V* ' 86,300 77% *76 77- 64% 2.50 pfd common preferred Square D Co 4 48 • , 12 Va No par 8ervlce Bros preferred Inc 4 50 34% tr ctfs Chemical Co common 4.20 <5 preferred Spencer Kellogg & Sons <4.50 200 131* *8% ; 8%; *23%" "24 7.50 Bpencei Sperry 1.900 2738 51 No par Corp $5.50 8.600 14 27 Vs ___5 (Del) Public *13 10.800 17 58% 27% 34 Edison Railway common preferred Co. 13% *33% non-cum Sparton 13V4 50. .5 — Mobile 6c Ohio stk Spear 13V4 25 25 com Natural Gas Co. Mar 19 13% "30 / 3.300 32 V8 27% 20% ■" Southern Indiana Gas & Elec.No par Mar 20 Mar 8 ♦58 % 19% South'n 18 16% 58% 24 Vs Southern 80 16% 58% 12% 10 41 | 16% 19 Vs 18 1 17 58% 14 *13 1634 57;,4 23 % 31 4 32% 17 57% " . 3134 83'a 12% 31% Jan 911/2 Jan 32% 31 as *82 100 23 5s 46% Jan 20% Jun 83% 32% * 12% 41% Jan 6 24 Sugar Pacific Co 31% *82 32% 32% 32% 31% 83 % *98 19%" 19% 18 26 31% 31% *82 * 27% 23%' 38 V4 Mar 18 Dec 100 •;'• 86 27% 3% —_ % Dec 4.700 *98 *47 Rights 17 7.800 58% *84 27% *48 1 8% 84 ; 16% 59% 27% 80 42 Vs Feb 12 16% 58% 16% 59 27% 78% Co com_4.50 preferred 35% Nov 12 Nov Porto '16% 13% 1 6c Platinum Dec South 16?s 60 % • 15 Inc.. Carolina E & G 24% Jun 20 V2 Jari 32.300 5 a South Amer Gold South 1,100 24.200 62% 10 Solar Aircraft Co 10 23 15% 21% 61%' 25 Socony Mobil Oil Co Jan 9 15% 21VB 62% .10 Smith-Douglass Co Inc 21% Jan 15:% 21% 61V4 27 43 Corp 45 Jan 32% 14 *76 Skelly Oil Co.— 33 29 32% 8,800 20% 100 83% * *13% No par Smith-Corona Inc 161/4 Nov 29 41% Jan 15 Va , *98 31% 1 17 -5 52% Jan 24 15% 86 31% 57% .—No par Blmonds Saw & Steel 24% Jan 700 1 Sinclair Oil Corp 50% Feb 32 317s" *84 *82 £ of America Simmons Co . *31% 31 "2 50c ordinary Sheller Mfg Corp 8 11 7.000 86 31% 83% 1 17 Jan . 30 22 > 49 V* Jan 63% Jan 39% 95 21% *84 98% 17% 1 Blgnode Steel Strapping Co 89 39% 95 1 22% Z?1 61% 60 V* 59 7.50 Tr— 40%' 95i 21 Va' 86 98 ' 1 * 60 ,10 .195- 16% ' *84'% 235 62% '• 61% 17 No par - ' 200 68 - 59.% 21% 16% 39% *.94% ' 31% 15'/* 2' V j 59% 100% 32% " *176 58% No par 10/200 *176 61% 31% 1 ... 20% 20 68 195 17 *82 2.50 Co— 68% ♦176 86 *98 1 Inc 68% 235 15 60 No par Gas 1.300 241 32 Vs *84% 1 — ; - 100 5.100 23% *235 1 Co 20% 20 69 "490 *23% 241 21% 3 20% *68 V* 69% 10.900 92% 41% *235 60Vs Co 23 3 4 20% 661/4 41% 241 59% 20 23% 22% 15 25 23 Va • *235 21% 1 413s 40% *31% No par 41 Vs 300 144 ' " ...1.4c , 20% 41% 23% 23'b 65% *142 41 95 % 22 5 " 2.400 9 92% 92% 144 195 * *94% 10 10 663s 92 144 41% 9 241 40%j 100 92 144 2 3V« 21 20% *68 V* *91 *141 -.39 9 V*< 65 % 92 ■7 41 No par 66 65% 66% *9 9% 144 *141 41% *9 91/4 65% ' 41% *235 9% '.91% 92i% *143 10 25 12 12% 46% Feb 18 121,4 6,000 391/2 32 Mar 25 29% 45% Sheraton Corp 43' 590 96 29 12% 4 54% Feb 366 *93% 29%, 47 '.../ 25 74 V* Feb 364 96 28% 39%- 24% Mar 13 5 368 *93% 29 % 12% 17 Vs Jan « 367 96 28% 200 39'/4 20% Jan 12 363 *93 V2 96 28'% ■ 461,2 13 27% Feb 367 368% *93% 28% 1 York shares 1.900 1,200 6ss 12% 12% Mar 19 New 25% 47V8 18 Feb 28 % 25 88 % 22% Mnr 13 18% Nov 29 131/4 Feb 14 21% Feb 28 25% 64% 12 V* Co Pen & 28% 25% 28% .100 I Shell Oil Co 64 281,4 25 Va 46% 2 Industries (W A) 6334 28% 38 V* Sharon Steel Corp Shattuck (Frank G) 7 65% 28% 25 6% 5 & 2,700 fc'5% 29 47 V* common Shamrock Oil 2 7% Mar 12 3 Inc 19.800 12% Co ♦4.50 preferred 3 38% common.. Rubber 2% 23 %• ...No par & 3 65'% 2% / 29 28% *35 No par Beagrave Corp Sears Roebuck 3 6 Va 15c Finance 6/200 46% preferred L— Oil 2% 66 Vs * 13 23% Nov 15 43 Va Nov Seaboard Seaboard 120 18% 12'/* Seaboard Air Line RR Co 4 29 26 98 % 13% >37% preferred 19% Feb 400 *97% 46% Corp 70% Nov %r' 18% 6 Va 29% 16% Nov 21 52% Oct 25 96 . 6% *8% Co 18 81 »/4 6 '/a 29 Vs Mfg 96 % 18% 75 81 % 6% 1 3.65% 97- 18 Vs 8 *65 12% •4 preferred 26 81 % 24 Va 24 "" Jan 75 97 3 *28 Va 1 Bcovlll 56' *65 *81 »/4 18% 2% (Jacob) Inc 56 75 81% 97i% It Vs 35 % noncum 55% 56% *811/1 37 Vs •3.40 preferred 7 55% *65 ■ * 34% Schick 7 34% Mar . 55 % 8,80.0 12 V* Scott Paper Co common 7 311/4 Mar 20 • 46 «/4 1 Bchering 11 Jan, 75 105% Apr 46V4 23% 46 V* Savage Arms Corp Schenley Industries Inc 62 % Mar 13 79 6 Jan 45% Corp Co (The) * » 45% 2 37 St Regis Paper Co common 1st pfd 4.40% series A /San Diego Gas & Electric Co Sangamo Electric Co 6 23 % Jan 48V'4 Feb 9 45% j.10 McBee 5% 3 96 31V4 teo 20 45'-a ■ 20 Guilders Co Co ,-St Joseph Lead Co St Joseph Light & Power 2 20% Mar 11 15 45 % 28 V* ;St Louis Southwestern Ry Co—100 93 16 45% 'St L San F Ry Co common-No par Preferred series A 5% _mo 17. 60% July 31 Oct 46 > *93 % 5 205 18 12,800 a 20 11 2 Jan 9.500 53 Vs 100 Feb Jan , 10 Vs 52% 5 ' Feb. 28 205 7 10 53% __25 26% Jan 74% 241 Feb 10% 53 29 1 13 23% Aug 22 37Va Mar 29 10 53 Va - 24 24% Feb Feb 105 23', 10% 53% 29 6 235 Sep 22% 10 53% 24 46 % Mar 2 Aug 3,200 10% ..No par ■afeway Stores common 4% preferred 4.30% conv preferred 3 ,32 7 I231 35.000 v. 22% Ruppert Mar 22 93 137 Royal 52% 32% B, 1C< Ruber old ■ 900 12% 51% 52% 1 Steel Pet 12% , 22% 1 Dutch 12% 53% Controls com..1 Co Electric Royal 2 69% Jan 3 17 Mar 19 311 <93 8% Mar 251/2 Aug 31 69% Dec -18% Jan 5 22% * 10% Mines...... Ronson Corp 47% Jan 112 - Haas 13% Jan ,50% Feb 14 155 Copper preferred series A 6 Nov 22% 12 V4 12 Vs - 1,700 23% 5 common 6c 4% 11 Dec 32% .10 Rohr Aircraft Corp 12 8 52% 31% *45% No par .... Rohm 4 % Mar 13 Feb 29 50-4 32 V8 12 Va 3,900 6% 10 _5s Axle Co 35 9 24% Trust preferred—*- conv 39% Feb 11 51 31% 12 120 J28>4 53% 1 ( crp Antelope 31 17% Jan 50% 32% 1 100 48% July 31 29 27% Feb ; Jan 406 50% 31%;. series 441/4 Dec 10 May 28 35 Va Nov 235 Va 49% 500 10.300 J -23 l.l 10 Rockwell Spring & 8 351 12 32 V2 r 60 :• "6 , 4,100 730 ■•••. 27% Vs, 6 2,200 15 28 % "58 1 50% Preferred:4.50% Selection 28 6 ] 6^3 t,147s ; 2 12 3..1 Co 27% .300 9 *6% 5J 6% 6 300 . i - 15 28' 27% 27% ; 14% 59, * '• , -s 26 Va 9 6Vs 28% ' 28% 1,500; 35 Va 41 26's • * 60 ,r 23 3s 6 15 9 1,700 '13.000 •« 37«4 37% *34% 27 *6 732 *40 8% 6% , 17% 1 351/4 49% 50 Manufacturing / 12% 17 4i-s 25% /■ 28% I*. 708 12,300 32 V« '37%/ *40 500 l.yOO 57 12% , rs 31 %. 10 Rochester Gas & El Corp 5 Nov 28 90 712 V' *58% 27% -,«•» 9 *14% 75 Robertshaw-Fulton Mar 28 36 27% (■ 7 6% *6 / 37% ®3434 ' 25% 9 28% 81 Roan 29% Mar 27 362% Dec 19 21% May 28 10 28 6% 34'% 41 % K 25'a 7; 60 81 Paper 29% Mar 3 , *58 Va 3 7'% 34'.2 *40 14% 28% 59% 27% 1 28% *65 Rhodesiao ?<*% Mar 20 % % 6% . 14% 28% 5 Company 15 15 * 59 50c : *6 75 Rltter 13 , 82 Riegel 25% Feb *14% 5 Richfield Oil Corp .27V4 Feb 34 41% *81 Rheem 25 *36 Va 37 Va M *33% *40 *65 4 2 *67' 41% .10 4 12 32 100 25% Msir 28 Apr 32% series 71% Jan 30% Aug 9 32% 6% Pfd series A 14 371/4 Apr 26 35 27 32% * *6 2.50 Feb 6% Feb 32% Preferred 3.60% 18 "*% .Tun 22 Jan 28% Jun 25 27% Dec 10 Feb 19 19% Jan 6 3 17 %' 9 .Common Mar <4 jan 12% 17 •26 100 — 33% Jan 62% Feb 5 15 / 21% Jun 26 OI 99 21% 28 % 12'/a ■.% -10 Reynolds (R J) Tob class B 58% Mar 19 49 281/4 12% 17'h 32 % V ". 28% 28% ■V - •39,600 74',4 *'■ •17 V a 57 12 Vo 28% 35 3 s " 17% < 57 " 16% 8% . 57 17 V ia 25% common. Inc 4%% . 26 Vs 36 3.UO0 *73% 17 Va: •■ 12'.* 33% ' .74 17% luO 27 34% 343i *h6J4 ■ 28% *; 9% Co common.. 46 % Mar 29' 32 % st 33% *4C 33% ' 74 17 Va, *571/2 : 33% 3,300 35% 13o ko'J4 12 V* -17 26% Rexall Drug Co "> - V , ) 17 V* 351/4 166 ■27% " 9 preferred Corp 8teel 27% st , .5 Copper & Brass 10% Jan 81 57% May convertible Revere cr- 2074 70 1 Pictures Republic 30 Feb 32 10 Conv 2 24 50 Reliance 18 17 Apr 45 17% .50 Reliable 1 60 % Dec 34% Dec 31 9% Feb cl) 12 V* 16 % ,_50 58 50c 8 1-.% 3014 Apr 27 12% 33% , 2ov,s 26% . *73% 74% 17% 35% 1a0*4 26*8 :37 26 V* 33% 33% 73% *17' 35% 130'/* 35% ♦too 27% 57% 27 Vs No par 2d 18 V* Mar 14 3 Jan Jan ;, . 58 5 Inc & Co— •1.25 div pi lor preference 28 18 15 18% Jan 61 " 6 Vs Mar 22 10% Mar 14 Nov 27 6 Bros (Root) *57''. Vs. 2.50 Reed Roller Bit Co Keis 73 17% 35% 35% 138 2t>% 33%,- 73% 17 ___1 Raytheon Mfg Co Reading Go common 4% noncum 1st preferred. 4% noncum 2nd preferred Real Silk Hosiery Mills... 35% fc135 27% 33 No par — . 8 Feb .j%. 38 11 Jan 15 11% Dec 26 j Mar 25 37 37% Sep 24 33% Nov 23 33% Jan uuxC 35% 137 -27% 5 Rayonler Inc Ray-O-Vac Co__ 16 26% Mar 22 -35'.4 135 No par Inc Raybeatos-Manhattan 11 12 5 100 No par $3X0 1ft preferred Ranco Mar, 22 13 common ^Quaker State Oil Refining Corp_10 18 Jan 78 (The) . 7 '29% Jan 18% Jan 50% Mar 22 33% Nov 23 36% Mar 15 138 ' 11% 11% 11% 11% 70 70 Vs *69% 70 Va 69 Vs 69 Vs 69% 69% *69Va ®9 Vs 90 30Vs 30% 30% 29 Vs 30 V* 29% 30 Vs 29 Vs 30 V« 7,100 30 i Number 5625 Volume 185 ... The Coinniercial and Financial Chronicle 27 (1535) HEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1956 Lowest NEW Range Since Jan. 1 Highest % Lowest Highest 44% May 14 2 77 »A Nov 30 6'A Dec 28 9% Jan 37% Jan 2 40%^b 91% Jan 26 77% Jan 4 82% 12% Jan 30% Oct 6 6% Jan 2 Oct 22 11% Jan 10 127a Mar 27 3 12 Monday No par 4774 4774 50 7 5174 47% 5174 48%. 5074 5174 51 % 56% 5774 57 5774 5774 5774 57 10 50% 51 5074 5174 51% 5174 51% 5174 51% 100 93% 93% 1 167b 16 16 74 16% 1674 16 74 16 1674 1574 16% 5,400 Stanley Warner Corp. _5 Starrett Co (The) L S_^_—-No par 15% 16 157a 16 157 a 16 1574 16 157a 16% 5,000 66% 6674 67% 6774 68 68 7074 72% *1374 13% 400 2774 27% 8,100 2074 207a 7,300 37 37-% 5,700 55% May 15 48 Feb It 57 Ya Jan 4 Standard Oil of-Ohio 87% Jan 18 94 2 14% Jan 2 17% Jan preferred Series A Standard Ky Equip Mfcg Co 11 17% Jan 3 14 y4 Jan 2 17% Jan 14 3 73% Jan common 3%% 8 15% Aug 11 62 % Jan Chemical Aug 15 61 Jan 18 72% Mar 29 Stauffer Jan 25 13 Feb 26 137a Jan 28 3i74Ncv 7 15- 27% Jan 4 14 27% Mar 12 20 Feb 25 23% Jan 11 t 25'A Nov 257-2 Feb 2 Sterling 39% Apr 3 317a Fet) 13 38 Mar 19 31 21% Jan 4 17 Jan 2 18 Feb 4 17% Dec 11 " 22% Aug 8 177« Feb 26 19% Jan 31 17V* Nov, 27. 20% Jan 26 31 % 37% Dec 17% Mar 26 May 28 22 % Feb Feb 12 25% Jan 3 36 31 29% Aug 24 9 il8% Mar * "• •' 5% fitorer 6774 67 74 6774 68 % 70% 69% 7074 69 74 70 6974 70 13 74 1374 *13 74 13 74 1374 13% 27% 27% 20% 2074 3774 37% 17% 17% 18 1874 1874 1774 277a 27% 277 a 2774 2774 20:% 2074 20 74 2074 20 74 j.6 "37 74 377a 37% *,17% 37% 3774 3774 17 74 17% " 1774 1774 1774 1 18 %• 1874 177a 18 7'a 18 18 ,2c 1874. 1874 17% 18 38 38% 38 38 74 c 3874 39 74 26 74 26 2674 2674 '2674 No par Webster Broadcasting - ■ , 26 1 Co 74 *1774 - 4774 : 5174 r 100 96 *9374 137a 2774 common ' 96 *9374 .,"•20% prior preference Stone & 8 27% Mar 14 96 .—8 Stir: Baer & Fuller Co Stokely-Van Camp Inc 5 Jan 40 ^ Stewart-Warner Corp 1 16% Dec 74 *9374 96 - 74 69 IJ5 •Stevens (J P) &.Co Inc_i 30 >4 Oct ' 10 Co Inc new— Drug *9374 a 8 13% Sterchi Bros Stores Inc 20% Sep 58,500 4,700 47% 50 7, May 28 4 37,200 57% 46% 57% ' of New Jersey, . 50,800 51% % 51% Oil 15 48% 46 Bcunuarel 81 6,700 56% 4 65% Dec 12% 50% Standard Oil of Indiana— Jan 19 12% 46 74 4 60 28 1274 7 California 4 62% Jan Jan 23 12 V3 3,600 25 ef 49% Jan 12 13 7a Dec 3,900 6.25 Oil ovauuard 12 51 % Jan 81/4 12 74 5074 Mar 26 43 >4 % 1274 53Ha Feb 21 8 1274 43'/4 Feo Nov 874 12% 4 13 Ve 110 74 874 12% 58 % May 12% May 29 80% 12% 65 Aug 14 62% Apr 9 Mar' 77a 39 80 1 Co 29 100 'A Mar 23 774 38% 81 % 39 80% 77a dhcre/s 39% *80% 39% 8074 Standard Gaa ft Electric 23 28 387a 81 774 31 88 Va Dec 397a soy, 1 49V2 Jan 50 39 8 a the Week Ptandard Coll Products Co Inc TV 48 */2 Jan 43% Nov 397a 82 397 "81 No par Friday Mar. 28 Mar. 27 ' Mar. 29 Thursday Wednesday Mar. 26 Sales for SALE PRICES HIGH AND Tuesday Mar. 25 P*f itandard Brands Inc com t&SQTpreferred 1 1 Feb\13 9% Jan LOW YORK STOCK EXCHANGE y *1774 700 15,000 500 1774 1774 18 2,700 1774 1774 17% ;. 700 39% 39% 3974 397a .7,800 26 74 < 2674 26% 267a 3,300 7*A 28,700 ' " 514 Oct 19 Feb 10% 8 32 , 6% Feb 29 101 % Jun Dec 28 12 Feb 12 46 - Aug 6 15% Mar 15 50 13% May 28 89 Feb 50% Jan 7 16» 93 Feb Sun 17 88% Jan 14 13% Mar - Chemical Oil 95 Nov 27 72% Feb 13 79 Jan 4 Sun 30 % July 31 22% Feb 12 277b Jan 4 6 22% Jan 39 Feb 6 357i Mar 22 38% Jon 78 Mar 22 6678 Feb 74 19 6% Dec 26 10|% 35 % Nov 8 5 "•> % 2nd pld 9 Jan 2 Jan 30 2 21% Feb 11 27% Jan 2 Superior 35% Feb 12 39 7/4 Mar 6 22% Jan 21 27% Jan 29 7 - 1,420 Dec 13 50% July 26 34% Mar 22 42% Jan 55% May 10 39% Feb 11 46% Jan 9 81 Dec 26 Jan 16 86 Jan 4 9 May 7 12% Dec 14 82 814 Feb 11% Jan 2 99 217B Nov Jun Feb 6 6% Feb 19 78 7774 7774 77 7774 24% 2474 2474 24% 2474 24 247'a 24% 24% -24 74 24% 35 % 357a, 35% 3574 *35% 3574 72 72 72 V* 72 74 14 12 Dec 13 62 60% Jan 12 65 % Mar 26 28 157a Feb 12 14 297'a Mar 11% Jan 27 25% Jan 16 33 % Oct 1 6% Dec 21 10% Jan 32 9 Jan 23 182 % May 9 34% Feb 10 20 % Oct Gulf 7% Jan 2 Feb 12 150 Tevas Instruments 4.48% Inc Pacific Pacific Land Texas 11 40% Textron Jan 21 19% Feb 4 28 49% Feb 4 20 13% July 31 11% Jan 15 12 % Feb 1 23 14% Apr 11% Jan 25 li'va jjaar 2 J. 21 18% Mar 22 4 51: Mar 28 44 % Jan 25 19 14 Jan 26 107/2 Jan 2 23 80 -Nov 1 697'a Feb 12 Feb 104 23 11% Mar 1874 19 1874 187a Co Thompson 4% 4 54 54% 54 54 6474 64% 65% 64% 65 74 6474 657b 34 74 34 3474 34'/a 30 74 3074 3072 30 30% 1 18 18% 18 % 1874 1874 197a 19 1974 19 197a 17,800 45,900 31% 31 % 3174 3174 3174 317'a 3174 317a 31 % 317a "1,300 3474 3474 3474 35 347a 3474 3474 34% 34% 3474 6,600 common 10 35% Feb 12 '157a Feb 13 15 24% Feb 12 31% Mar 22 Transue 28% July 23 26% Feb 11 29% Mar 29 Trans-World Airlines 29 59 Jan 29 10 337s Nov 19 25% Mar 12 317a Jan 2 17 64 Dec 26 54 7a Mar 25 61 •; Jan 9 27% Feb 25 30% Jan 11 51 % Feb 26 55% Jan 11 Oct 27 52% Jan July 27 36% Mar 12 1 2 , 49% Nov 21 62% Mar 13 21% Jan 30 2974 Apr 12 22 % Feb 8 27 18 * 11 1674 Feb 27 15% Apr '46 Apr 8 52 25 Jun Jun 6 25 13% Feb 9 -20% Nov 15 44 5% Nov 15 8 20 Jan 17 Inc series 2 10% Jan 10 Twin 30% Jan 18 TXL Co Coach Oil 16% Mar 19 13% Feb 12 157n Mar 18 Udyllte Mar 27 23% Feb 12 30% Mar 11 57a Jan 3 1174 ' ; j* 14 14'A 14 74 147a 50 *4974 4974 4974 *1174 11% 79% 80% 14 49% 4974 *4974 11 74 *1174 11% ' 8174 80 7a 80 93 93 93 3374 34% 3374 34 78 *92 *93 947a 34 1174 7974 ' 11% 7974 200 100 15,000 04y2 10 33 74 33% 11,200 25% 2,400 91 3,200 *93 25% 25 *A 2574 257a 9074 9074 90*4 90% 91 1374 1374 1374 1374 1374 4774 48% 47 47 1374 46 7 a 4674 4674 4774 397a 38*4 387s 15% 16 37% f. 3874 5 1634 X37T4 '' 3874 16 3774 3874 16 157a 16 30 - 38'A 16 4- 16 ' 4fi% 30'/a 5,000 1374 2,300 ,48 21,100 5,800 3074 30 3074 30'A 30% 2874 28% 2874 29 29 74 29% 29 Vb 2974 43,800 2874 *5574 30% 2874 2,000 31 -1 50 5574 5674 56 74 5674 5574 5674 *5574 5674 700 5674 2674 27% 2874 297a 29 74 2974 29*/a 29 y« 1 _50 54% 54% ,..31 2974 1 50 1 ; ■ 29% *57 61 29% *56 , 2974 2974 3074 2974 ♦57 60 ' 62 29 '/a 29 74 297a 55 527a 5374 2474 2574 2474 2574 2574 2674 2574 2674 1674 16''a *1674 1674 *1674 1674 50 *48 50 *48 50 *5374 No par 50 *48 7% 1 267 1 a 7% 27 % *53 55 *53 55 7 297a 100 1,700 29*/a 54 *52 2574 200 26 28,000 1674 *16*A 300 1674 *48 50 77a 27 7% 7*/o 7% 7'/a 774 4,100 2674 7% 2674 6,000 61 *56 50 1674 *48 26 '4 2674 2674 2674 26% 10,800 5,100 V 31% Feb 26 Nov 25% Dec 7% Feb 25 32% Feb 12 35% Jan 11 Union Feb 12 115% Jan 2 Union Carbide 12 24% Mar 25 Union Cnem 9 29% Mar 19 Union Elec 2 30 Jan 17 26% Jan •112 Jan r 9 94% Jan 2 93 Jan 11 80% Jan 11 1574 Xl 474 1574 1574 277a 28% 27% 28% 28 2874 28 74 28% 2774 2874 (j 74 6% 7% 7*A 774 2,600 674 774 774 —5 34 74 33% 3374 3374 33'/a 11,400 34 74 3374 3374 774 33 Va 1077) 108 74 ■10774 109 *A 23 7a 23% 23% 23'A 2374 2474 10774 2374 15,600 10674 10974 10974 2874 2974 2874 29% 287a 2 9'A ,3,000 12,600 99% 570 Asbestos & Rubber Co Union 20 % Feb 100% 28% Apr 5 92% Dec 27 8 133% July 17 29 21 23 47% May 10 108% Jan Apr 15% 1574 1574 15'/a 1574 1574 1 No par (The) Corp Bag-Camp 3374 Corp—6% Paper 108 No par Garb in &; 2374 Materials Corp___10 & Co common ' 81% Oct 13 96 No par *82 Preferred $3.50 series *7774 78 *77 74 78 90 *88 90 *88 90 *88 Union Oil of California 25 53 74 54 52% 9 27 74 Feo 25 31% Jan 8 Union Pacific 10 2774 27% 27 74 8% Jan " 2 Apr .30 27% Feb 6 9674 Dec 17 2 9% Mar 72 % Mar 11 Preferred 8 90 74 Jan Mar 14 2 series $4 RR Tank Union Car TwJst Union United conv. 4% (ser of 1956) 11 152 .Jan 14 10G Feb 13 115 Jan 2 43% Jan 4 United Air 29% Mar 14 United Biscuit % Mar 29 44% Dec 17 32% Apr 7 28 20 26% Feb 12 Feb 24 96 107. , Jan 23 20% Dec 14 28% Apr 9 1974 Jan 28 48% Jan 20 7172 Mar 26 58% Feb 11 99 • of 257b Mar 13 69% Jan United 8% 8% " 9 62 2974 2974 29% 30 30 2974 7674 76*4 7774 777a 77'A _5 7674 com-. 777 a 100 100 134 135 pfd: 108 74 10874 1087a _10 29% 3074 29 74 conv Inc_ No par 28% No par America *98 7a 10 23% 7774 79 2874 28 7 23 a 144 *10774 109 287 a 28 74 28% 287a Jan 24% 23% 65 65 41*4 42*4 65 72 6572 No par *40% 4174 *4074 4174 47a 4% 8 79 6% Jan 11 7 4 6% 7 67a 7 6 Va Feb 11 9% Jan 9 United Dye & Chemical Corp com 1 6% 6% 634 674 28 % Mar 12 35*4 Jan 11 United Electric Coal Cos— <7 29% 2974 31 287a Jan 23 20% Aug 9 • * 3374 3274 32 % 3374 3674 36'4 3674 3674 -36% 36% 1,300 36% 367a 367a 367a 574 57a 5*4 5% 574 574 5% 5% 5% 8,000 17,200 Corp Improvement Co 6 5*4 Mar 26 6% Jan 29 13 Va Feb-11 15*A Jan 9 United Merch & Mfrs Inc 1% Jan 2 United Park City Mines Co 14 29 77 3 181 27 22% July 19 -Aug Feb 2 1 58'A Jan Jan 24 17'/a Jan 7 51% Feb 15 Jan 7 156 9% Mar 18 35 Dec 4 44 V* July 20 29 15 Nov 14 19 *A Mar 22 14% Feb Nov 33% 3274 10 i.13% 337 a 15,800 Gas Dec 42 17,000 32 % Gas 15% Dec 5274 Nov 155 4774 United U 15 footnotes 49% Mar 16 see patre Mar 19 43 7a Jan 12 » 7 162 36 Jan 7 16% Jan 8 44 *A Jan 16 U 1 (The)—1 S & Foreign Securities 1 S Freight Co No par S Gypsum Co common 4 7% preferred 100 S Hoffman Mach common—82 %c 5% class A preference U S Industries -4%% 3,100 5,200 1,200 3274 United U 1474 4774 United Industrial Corp 8 674 2974 33 11 11 6% 29% „ 1474 19 28% Jan 27,700 7 67a 29 74 67 a 4774 25 2 , 674 14'/a 38 Va Feb 23% Jan 7 674 2974 7 30 4774 34% Jan 28% Oct 24 1,300 7,200 14% 5 U 674. 474 79 47 74 14 36 72 Jan 4% *78% 147a Mar 13 42 474 471a Feb Feb 42 41 % '79 1474 36 33 1,600 47 74 32 9 29*4 30 65 1472 Fruit Co 39% May 6% 1,400 6474 47 United 13 * 67a 23% 657a 4774 Engineering & Foundry 9 1% Feb - 10 237a 4% *7874 101 '2374 4174 47i 79 74 *99 900 19,300 1,000 . 14% United 47% Jan 334 Mar 26 28*A 1474 11 2 „73b Jan 12 1% Dec 2874. 28 4674 16% Jan 44*AJan 19% Feb 5% Nov 20 *78*a 79 1,300 S 13% Feb 42 Mar 35 Aug 14 41% July 30 2874 2874 4,400 17,000 10774 107 % '29% 101 6,900 No par Aug 20 55 5 ' 14% 16 Vb 23 14% Dec 18 29% 47u 4% 78 7a Jan 36% Dec 287a May 11 35'A Jan 474 5 8 - 144 ;130 10774 65 3 12 144 2874 *99 99 23% 6574 *78% 29 99 4 21 10774 29% 23% 101 No par . *130 *130 74 29% 108 65% United 29 % *99 2374 b 144 ♦130 101 787 Jan Mar 2974 297a Jill Jan 2874 3074 May 79 2974 13,400 31,800 874 30 7 17 13% Jun 11 .8% 30 Carbon Co (Delaware) 1 5 7a Jan 8% 29 *78 74 82 14 43 % Dec 45'A Feb 2 8 7a 2874 Cig-Whelan Stores com__30o $3.50 convertible preferred 100 United Corp (DelJ 1 ' 20 21 5 4% Jan 277 a 874 29 23 737a Jan 23 Dec 39'A Mar 3 Mar 21 4% Jan 53*A 277 a 2874 287» United-Carr Fastener— 27 5274 27% 29 Board & Carton Corp United 277a 5374 28 874 $4.50 preferred— Mar 21 8 Lines 2774 90 5274 5374 2874 preferred 137 74 Feb 18 74 52% —10 * 4% 18 87a 8 53 74 No par 5 Co Corp Aircralt Dec 20 com Co Drill 12174 Dec 23 Co 4% ,non-cum urelerred 4 30% Jan 33 ■ 166 6 *88 78 *88 "3 23 6'A Jun 90 No par No par *7774 22 Jan 10 47a Feb 80*A Jan 7974 Jan 7,200 85 *7772 61 36 % May 25 41% Dec *82 78 b.) 113% Jan . 85 9674 o 21 103% Oct ' *82 12 76% Feb 29 74 Mar 27 Dec 977a 85 9774 10 % May 10 1 Nov 9674 *82 85 39 % May 11 93 9674 Feo 1 26 9674 *82 85 51% Feb Oct 357b Jan 9674 88 15 61 74 2 Feb 104 10 Oct No par Preferred $3.70 series, 109 *9774 5 91 30 29 Preferred $4.50 series 24 2974 > Jan 30 Jan 8% Dec 21 Jan 82 29 2374 65% Apr Nov 52 28 . 100% Jan 24 . *77'/a 83% Nov ,78 29% 29 .10 7- Inc common. preferred series'A. 13% 13% 13 74 13% 13'/a 13% 13 74 13% 5'A- 1374 14 17a 17a 1% 3,600 1% 174 1% 1% 33% 3374 5,000 3374 3374 33% 33% 3374 33 "2 34 33 25 25 74 2574 25 34 1,500 24% 24% 2574 24% 2574 24% 5274 53 * 53 74 5374 8,400 74 5314 54 54 53 7 a 5374 53 74 15874 *158*4 15874 15874 160 15874 *15874 10 7 a 10% 10'A 96,200 10% 10% 10% 3174 3174 31'A 400 11,100 174 *158 74 165. 1074 10% 31% 31% 31 317 a 10 *30% a 160 10% 31 >2 *31 17a 174 15% 1574 15% 1574 15% 15% 15% 15% 1574 1574 -45% *4474 45% *4474 *4574 45% 45 % *44% *4474 *44 74 28 4 f 9,000 1474 49% 9074 - ' 30 200 2574 common- Underwood Corp Corp 7 -f i ■ ■ 11% 1374 - 12 93 1174 12 90% (The) 25% Feb 7974- . 18% 49*4 *1174 *1174 11% 7874 1874 *48*/a 11% 25 (conv) A prior preferred 15 3574 Jun 14% 50% No par City Raj) Transit com conv 1474 19 49 1374 preferred 1954 ser conv 1474 19 49 W'y J Century Fox Film 5% Jan 50 4.30% 20th Twin *11% *4874 1174 $2.70 preferred > 1174 *92 19 49 19 19 49 117s 2574 yo% Corp Truax-Traer Coal Co 14 700 187'a 18% 5 ; Williams Steel- Preferred 1874 3374 25%, Tung-Sol Electric Co common.- 2674 Mar 27 Mar 15 7 14% Jan 18 Dec 25% Oct Feb 48 7 57 1874 2 Transamerica Jan 187'a 34% (The) 4 Nov 18*4 427» 34% Trl-Continental Corp common (The) 8 52% Apr 18% 42 74 2 30 28% Mar 21 52 187'a 187a *11% 25 4074 Feb .25 147a 7a No par 7 30% Oct 1474 *4974 10 5 9 14% 50 100 Timken Roller Bearing 31 1474 14 1 common 2 Jan 14% 187'a Inc common..S 27 16% Nov 29 4274 1474 *1.1.74 Feb 24% Feb 4274 1474 No par Jan 20 42 1474 18% 26 Mar 4174 1474 *48% 101 500 41% 19 4 39% 153%. 4274 10,300 18,300 1,100 49 ; 1,200 153 */4 155 42 *18% 2 "2074' Jan *153 *48% 12 , 153 7a 5 13 % Jan 45% Apr 1537a No par 87 % Feb 1 15374 8 1474 No par 247'a Jan 34% Oct 8 41% 50o 14 4 8 1537a 155 155 8 8 8 8 8 8 74 1 ._100 No par 13 48% Jan 74 It Co 13,000 30% Mar 29 51 7B NOV 54 3074 23% Feb 27 64% 34% 5474 6374 34% 102-% Dec Nov 53 y4 64*/a 5374 15! 30 5 43% 53 8,600 1,600 43,600 15 3374 27 Co 2,900 7 15% 5374 400 7 15 674 774 15 3074 17 Trane 18% 15-. 7 15 (J R) Edison 187a 7 7 14% preferred $1.20 13 1874 187'a 1274 778 7a 10 27,200 13 7a 15% 7 3,600 3474 13% Dec Toledo *85 7a 87 100 6,500 41% 87 74 30 23 % Nov 137a Mar 20 41 ".1274 1,600 35% 33% 62% Feb 15 41% - 2474 35 4074 18% *1874 *23 7a 3574 , 33% common^ Oil 24 74 35 670 preferred Tidewater 37 >'■*85 7a 1374 13 24*/a 37 . 250 2,100 )' 2474 3774 "(<■ 87 *8574 87 1275 2472 15% —3Va Co- Thompson Products 5 *85 74 1270 1285 36% 1 $2.50 convertible preferred 5 38% Jan 7 13% — Thermoid Feb 94 15 127a $2.40 conv preference— 81% Mar 2 7 Jan 12% Thatcher Glass Mfg Co common 50 % Mar 21 3274 Feb 90 13 47% Mar 26 86 co^mmon The Fair 4174 127a 7*/a *23.74 4074 86 7 2474 •■•'•. 74 4 3574 No par 1,200 2,100 1265 , 24 41% 417a 400 7274 77a 3774 35 41 $1.25 conv preferred—u 3 17% Jan 47% Jan 16 Inc 1.25& 35 34% 35% 74-•> '24*% * *23% 2474 7.50 Utilities Co—— Texas 2 54% July 10 19 347b 24% 727a Trust— Pacific Ry & 42% Mar 27 9 14% Feb 22% July 10 Jan *23 7a 35 V8 ex-distribution share ctfs Sub 4 29% Apr Dec 24% Oil Coal & 21% Jan 38% Jan 16 Jan 20 33 24% preferred series A—25 conv Texas 3 87a Mar 15 48% Jan r 4.16% Sulphur—— 160 29% Apr »'• 86 37 74 Producing Co Gulf 39% Jan 10% Dec , 3774 247'a *35% 72 % 774 No par Texas 31% Mar 28 5 42% July 27 July 23 37% 24% 35% 72'% 25 Texas 28 44 . 3774 3,600 1,700 247'a - -7.%. ■ 23,200 2.50 4 Dec 10% Jan 37% ; 10 47% Aug 21 11% Jun 5 — Co Texas 15% Feb 20% .. 24 " Jan 33 Mar 14 34 457a May 17 1 24% - Texas 150 237b 1,255 10 2474 1 Corp 40% Jan 5 11 18% Dec 5 1,258 24 1 1972 Mar 29 Feb 28% Feb 30% Dec 31 Tennessee Corp 12 Apr 4 38% Mar 26 51 37% Oct 28% Dec 11 ' Feb 50 Aircraft 1,250 *1,240 24 TelAutograph Corp Temco ->7% 1,245 (James) 11 31 7% 7 774 2,500 93 77% 2474 *3572 7174 ■'7174 25 .50 Corp Jan 8% 54% Feb 7 697b May 53% Ncv 29 Tajcott Inc 19% Mar 14 " 2,500 14 *77 49 1374 *90% 77%' 23 Symington Gould 14 93 24 ; 7V 48 13% 24 74 lOo Co 18% Jan 14-/4 Mar 26 18% Dec 3 45 18% Feb 4 & 49% 7 *9074 13% '93 7774 7 74 Steel Corp Sylvania Elec Prod Inc com $4 preferred 13% Mar 26 26 15% May Swift 49 49% 13% *9074 23 7u 12.50 Paper Co Sweets Co of America (The) TO 9 12% '55 Superior Oil of California Feb 90% 77 Sutherland 1,210 4 . 38 May 28 6% Dec 31 of Sunshine Mining Co -42 18 series Sunshine Biscuits Inc 3 7% Jan . -'••"•" 18 Mar 20 52% Mar 16 29 July 6% Mar 2 Dec .,300' 30% Apr 9 25 21 Mar 2 13 27% Feb Nov 21% Jun 940 24*/a Mar 13 26% Jan 7 28 14 9074: 1 1 euuruy-Mui-Cqnt Oil Co common 4 74% preferred series A - 4874 4974 1374 30 82 23 Dec *: 14 7% 7 7 74 7 7 74 *"49% 49 % 13% :*90% 31 66 74' 1 No par 22% Jan 34% Nov Co ;»6% 774. , No par common 70 y4 Jan 22% Nov 49 1 Corp $4.50 series A preferred - 7% 1 - Corp6 Sunbeam 4 16% Jan 7 - Studebaker-Packard Corp 25 8 % Jan 50 1 r 28 The Commercial-and (1536) NEW YORK STOCK 14 31% Feb 12 37% Jan 24 8% Feb 8% Jan 7 22% Feb 11 12 27% Jan 4 Jan 2 66% Mar 4 U 4 U 8 15 23 Va Jan 11 35»/4 Aug 1 til % Dec 28 70 Jan 6 63 32Va Nov 26 42% Nov 29 142 % Dec 26 128 90% Mar 27 Feb 39% Feb 17 19% Sep 71% Sep 51% Jan 23 143 Nov Dec 7% Dec 19% Jan 11 <U 28 i 82 16 v: 17 18 Jan 'f. 33 % Mar 5 36 Jan 4 15% Feb 5 9 7% Feb 18 8 Jan 4 81% Mar 15 87 Mar 23 27 99 31 10% Aug 26 41% Feb '3 6% Jan 26% Aug 15 47% Feb 12 65 Dec 7 39' Apr 6 Dec 12 167' Feb 24 23% Dec 20 Dec 20 ; 24% Nov 12 i 26 9 4 ' 31 % Jan \:}2" * Jan 23% Feb 29% Mar 12 >/ 32% 33% 8% *8% 8% 24% 24% 23% 24 % 23% 24 23% 24 % 23% 66% 66 66 66% *65% 66% 200 32 31% 32% 5,700 85 *83% Feb 15 71 Jan 27% Feb *66 32 % 86 *83% 86 *83% *89 92 *85% 87 90% 32% 31% Min 40 40% \40 40% 152% 150 150% 150% Co 19% 19% Xl9 19% 52 53% 52 52% 58 58 58. 58 16% 100 57% 57% 57% 147 146% *83% 90% 92 92 41 19 53 40% 8,300 150% 760 19 1,800 53 ^4. 53- 53 2,500 58% ... 58% *58% 59 18% 19 58 58% 58% 59% 146% 146% 146% 82,000 2,800 3,900 59 17% 17% 17% 17% 17% 17% 17% 34 34 34 34 *34 34% 34% 34% 14% 14% 14% -♦14% 14% *14% 14% 14% 14% 400 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 1,900 *81% 82% >81% 82% 81% :8i% 81% 81% 81% 7" 81% *14% 14% No par common B 2nd 25 Corp 2nd rtoncu preferred 8% 1 Leaf Tobacco com_No par preferred 4%% Utah —100 Pictures preferred Power & Inc Co 6% com—1 loo — Light Co 6% *6% 14% 14 14% *14% *54% 54% 25 ; *53 ' .1 34% / 17% 6% 7 14% 7 . 14% *14% 54 ,54%, *70 26% 34 152 *24% 71 26% 6% *14% 53% 152 *70 ,17% 55% May 9 3 6 Jan 4 12 % Nov 28- 20 58% Mar 9 Norman Van Raalte 2 14% Jan 11 Vertientes-Camaguey Sugar Co 46% Jan 7 Vlck Chemical Shreve 28% Jan 8 Victor Chemical Works 25% Jan 5 7 130 Feb 2 Sep 12 128 Feb 20 25% Dec 26 34% Mar 26w 25% Jan 18 Dec 28 94% Apr 24y 78 Vs Jan 15 1 82 ■ . — 34 152 25 *24% *70 26% 34% 152% 71 y 26% 38% Apr 18 20% Feb Jan G 109% Jan 2 42 '/2 Jan 21 18 47% July 26 116 Feb 13 105% Jan 11 Oct 30 103 Feb Dec 28 106 Mar Dec 31 1C3% Feb 46% Jan 11 79 Vt Nov 28% Nov 9 33% Jan 10% Dec 26 12% Dec 84 21% Nov 1.3 105 y2 Dec 20 128 38V* Jan 10 104 Dec 93 85 87 Mar ^ 152 8 Jan 9 120 $5 12 Feb Ry com_100 100 common. 100 Mar 27 90 Mar 27 $4.04 preferred Jan 9 98 Mar 1 $4.20 preferred 17 85 Jan 18 93 Mar 13 27 66 '/a Feb 11 76% Jan 25 *24% *70 152 10 29% Jan 10 32 31 11% Jan 7 16% Jan Jan 3 17% Mar 29 71 71 71 26% 26% 14% Dec 27 14% Dec 74% Nov 28 83% Jan 14 27 3 23 Co 84 113 113 45% 46 107% 11% 11% 43% 18,200 43% 1,600 27% 4,600 300 *82 22% 27 *123 112 111 46 22% 111 46 46 107 84 *82 22% 27 27% 27% - ■ 84 22% 107% '123 *123 26% 84 107% 11% *123 *123 45% 108% 2,700 43 43% *110% », ti" 9,200 9% 11% 43% >123 22% 45% 27% 11% 45% ' 26% *82 23% 22% 84 ♦82 22% 22% 23 1,800 110 110% 110% 600 46 45% 46% 6,000 106 107 106% 106% 450 110 45% 107% *85 90 *85 90 90 90 *87 90 *86 90 30 *97 100 97 97 95 95 *93 97 *93 97 30 *90% 92 92 *90% 92 *90% 92 26 *69% 71 *90% 92 69% *90% *' 70% 69% 70 % *70% 71% 70% 71% 30 30 *30 30 % 30% 30% 30% 30% 30% 30% 1 13% 14 *13% 14% 14% 14% 13% 14 13% 13% 1.400 16 16 % 17 *16% 17 16% 16% 16% 16% 17, 17% 2,500 71% 71% 72% 25 Materials com preferred conv "82 ff" 9% 11% *123 26% 4,000 27% 10 27% 43% • *123 26% I ~50 • 100 common.. 5% 11% 43% 45% 9% *27% ,i4o -, 25 *24% 26% 44% 9% 27% 900 y 100 Vulcan Mar 11 11% 43% % 45% 9% .1,300 ; '" 35 152 152 25 26% 26% *27% 27 11% 26% 100 100 . $4.12 preferred Virginian Ry Co 6% preferred 17 44% 10% 43 *123 100 90 6 9% 27 *123 No par com preferred 88 y2 13 11% ••.•*43%- 5 6% dlv partic preferred 100 Virginia Elec & Power Co com.^10 46% Mar 20 111 27 2.50 900 57 34% 34% J 71 26% 45 43% 10 27 6% Co 3% % preferred Va-Carolina Chemical 6 25% Jan 10 10 ; & Pacific 44% 2.50 Inc Inc noncumulatlve preferred 5% • Co 43% 1 Van 28 41'/2 Feb Feb Industries 9 15 11 % Jan 40 % Dec 123 Corp of America 13% Jan 28% Jan Vlcks 17% Jan 37>4 Apr 129 Vanadium 1 2 9 V2 Mar 21 21 7 2 50% Jan 12 40% Feb 4 121/4 Dec 30 7 56% 57% 570 ' *34 *24% 12.80 6% 15 53% 34% 153% *34 V *152 17% 34 ■' 38% Feb 400 59% 146%' 147% 14% Universal 20 253 8 Nov 80 ,40% 146 ; 146% 93% 150% *.18% » 58% 86 92 % 151 *150% 19% 53 100 40% 40% 151 % *58 68% •/ 146" 31% 86 40% 151 50 com 31% 30% 32% *65 12,400 34 8 28 66% "83% 1 Stockyards Universal 10 Jan *66 7,800 24 l ■ 69 14 33% 8% Universal-Cyclops Steel Corp ' 4 25% Jan 33% 8 % 5 noncumulatlve preferred Class 24 ■ 82% Mar 29 Dec 12,i 33% *8% pfd.5 $6 convertible preferred—No par United Wallpaper Inc com 1 2 Feb 32% 8% 50 & United Stores $4.20 35% Mar 12 155 32% "8% 100 preferred >j-z Tobacco 32 % 8% 1 Steel Corp common United • 23 8; 8 Shares 32% 100 preferred 7 % the Week "8% 100 preferred Shoe Corp Smelting Ref 1% ., 22 Jan 144 < 21 Jan 61 9 Jan 7 % Jan 15 7 13% Jan ,30% Dec 70 Mar 1st S U S 22 13% Jan Dec 137 D * " Friday Mai. £<J Mar. 2S 32% 10 common 1% 15 10 23 13% Dec . U. 8. , i Co noncum Sales for SAL# PRICES " Thursday Mar. 27 5 preferred aeries B Rubber ' 2 25 Feb 38" Dec G 73% Jan 155% Jan 2 1 145%'Jan 2 Jan S HIGH Wednesday Mar. 26 1 Plywood Corp common preferred aeries A 8% 61 - 14% Apr 10% Jan 19% Jan 17 ; 64% Jan 20 27 U 24 12 31 7 12% Jun 4 Jan Mar 25 52 8 AND Tuesday Mar. 25 10 common Foundry Co Playing Card Co 3%% 156 57% Jan 2 '57 % Mar 25 9 169 " Jan 28 33 & Dec Mar ■ .-V 73% Dec 30' 17 69 Co preferred 3%% 2 10 28 . Morday Par Pipe & 4 49% Jan 27 U S \ 17% Feb 17 4 Dec 58 - Mar Lines 4%% Jan 145 1 Jan 17% Dec 56 i, U S 93 % Mar 29 87 84% Mar 13 67% Mar 14 170 35% Jan 1 2 July 18 90% Mar 31 Dec 30% Mar 51% July 18 29 81>/4 Dec STOCK .Monday, April 1, 1957 RECORD /LOW EXCHANGE 9% July 13 36% Dec 11 8'« Jun YORK Highest Lowest Highest 22% Jan 92 NEW Range Since Jan. 1 Year 1956 Lowest EXCHANGE STOCK STOCKS Range for Previous Financial Chronicle.. 1,100 900 w 71 % Mar 26 77 Jan 24 Wabash RR 4%% 13% Dec 19 14% Jan 9 13% Jan 23 13% Jan 4 26 33 6 29 Feb 11 30% Jan 2 Walgreen Nov 29 75 12% Jan 30 20% Sep 13% Dec 12 preferred 64 Jan Feb 18% Jan 11 (Hiram) 15% Jan 25 95% Jan 24 5%% 7 11% Jan 3 Wardell 16% Jan 2 Ward Industries 92 10% Mar Apr 30 23% Mar 25 & 40% Feb 9 49% Aug 40% Jap 9 42% Feb 12 50% Mar 27 Warner-Lambert 1 9 37% Feb 12 38% Mar 28 Washington Gas Light Go Washington Water Power 20 9 37% Aug 3 27 ' t'C Feb 8 Dec 26 4% Apr • . t30% Oct 44% i. I . ■ v Nov 26 16 44 3 4 25% Jan 2 .6 2 % Feb 28 29% Mar 15 10 112% Jau 12 105 44% Feb 2 19 26% Feb 99% Jan Mar 20 29 13 Mar 91 2 29 48% Jan .. 27* 105 95 20 105 Jan 27 30 63 Apr 18 Mar 27 108 Jan 12 103 Jan 29 25% Dec 31 21 Feb 27 15% Dec 13 16% Dec. 28 105% Feb 90 14 Jan 40% Feb 5 93 23 Pictures >4 73% 17% 17% 17% 17% 17% 17% 17% 17% Inc *13% 13% *92% 94 ny8 11% 13% 13% 13% 17% 13% *92% 13 y2 13% *92 y2 94 y2 *92% ny8 11% 11'4 13% 13% 13% 13% ; 94 11 nya 13% ■,* ' - • • 13% ) xl3'/a 1,300 - 23% 24 23% 24 24 24 48 »/2 49% 49 % 50% 49% 50 49 Vz 38% V* 24VB ? ; • * 13.600 - : 6,800 49% 24 i ' % 38% *38% 38% 38% 38% 38 VB 38% 36 ya 36 Yb 36 Va 36% 3 6 >4 36 V* 36% 36% 36% 1.400 28% 28 y2 28 y8 28 Va *28 '■> 28% *28 Va 28% 28% 28% 300 25% *25% 26 *25% 26 26 200 "31 32 V* 2% . 900 36 38 y2 1 30% 30% 30%-! l 2% 2% 2% jIVZ com..2.50 29% 29% 29% 29% 46 46 50% 52 ... ' 13»4 24% 5 14% Feb 2 West 11 3 4.80% May 10 49 Feb 11 July 20 71 Feb 15 9 54 Mar 17% Nov 21 22 Vz Mar 5 20% Jan 4 26% Nov 29 36% July 17 26% Feb 12*. 30"% Jan 11 50% Nov 29 65% Mar 20 52% Feb 12.. 58 Jan 99% Jap. *4 83 92 Mar 25 17 129 130 Feb 18 Feb Jan - 63 % Jan 11 [1.2 r[ Feb 58% Mar 28 • "129% 4*. u 32 % -1 2% -J 100 series C 100 ,'.V» fe%, Inc Supply Co 100 *26 Va 30% 30% 2% 700 29'« 29% S . 7,900 2% 1,500 ?• , Maryland com__'No 303i 26% 104»4 92% 57% 92% *92 42% i *104 23% 15 % 15% 98 *94 ;! 57 % 57% 75% 76% 76% *76% 58 57 57% 57% 3.80% 4 preferred series 100 B Wheeling & Lake Erie Ry 100 18% 18% 58 V f i; 58% t- 18% 18% 30% 30 30% 29 7 i, ,30% 54% 54% 54% 54 7 92 92 92 91 18% *127 e 18% *92 18% 5* 240 96 ' ■ 42% *103 23 15% 15% 56% 77% '!• 300 5,400 . ' : . 7,600 ".. 57% • '1 * . . 76 57 Y* : 1,800 18% 18% 18% '' 30 >4 30 30 v4 12,100 .55 55% 55% 38,200 91% *90 91% ,'55% ;9i% *127 127 *90 *127 , C ... . 7,400 * 1,100 i • . / 20 28 69% Dec 103 I 21% Jun 62 31 53% Feb 24 93 j 36% Feb 9 Jan 23% Feb 13. 15 61% Feb 28 18 27% Jan 23 50% July 24 10 26% Feb 23 80% Feb 1 Apr L 102 Jun 23 13% Apr 2 16 44% Feb ,8 29% Mar 14 30% Jan t 30 61 12% Jan 23 16% Apr 69 Dec 17 82% Apr 4 ,19% Dec 4% Dec 26 10% Jan 20 30 % Dec 1,127 Oct 18 21% May 15 41 % Jan 19 23 Jan 4% Jan 4 18% Feb 20 30 % Feb • Mar 22 127 24% July 10 ;-36% Feb *27' 50% Mar 19 60% Nov 15 Jan 21% Jan *' ' 7. 22 42% Mar 52% Feb . , 88. Jan 98% Mar 83 Feb 13 7% Dec 31 10% Jan 9 4 7 Feb 26 34Vs Aug 7 J \ i -/ Zh. .•. *. 64 28% 28 47% + 46% 46% 46% 46% *46% 47 46% 97 V* 95% 97 % *95% 97% 96% 75 *73 75 *73 *15% 16% *15% 16% 4% *4% 4% *4% 4% 21% 21% 21% 9 Mar 131 conv Windsor 6 - 6% -8 -Woodward 16 57% Jan 14 !- 12 30% Jan 35% Jan 2 123% Jan 2 16 29% Nov 28 28% Mar 15 : 103% Jan 11 Service 10 Yale ' & Towne 11 10% 10% 9% 10% 27 26% 26% 26% 26% -'45% 45% *45%- 46 *45% 46 49 49% 49 % 51% 51% 52 13% 14 13% 14 14 14 21 .31% 128 21% 32 Va 128 21 32 *128 32 f 10 10 22% 22% 22% 27% 27% 44 44% 56 57 10 . 40 31% 131 128 660 4.600 70% 20% 3qo 46 % 2.400 96 9% 40 10% 26 42 ,7.100 26 *40 45 VA 100 ' 700 V , 600 50% 50% 48% 49%' 4.900 13% 14% 13% 14 4.300 *73% 75 75 *15% 16% 16% 16% 100 *4% . " 10 Corp Co *:-'• I 14 12 Mar 12 1 100 Public Iron a Prior preferred 4%% series 100 Wrlgiey (Wm) Jr (Del).:—No par Wyandotte Worsted Co f 8 Feb Inc (P W) Co Worthington Corp common 3 r Stores Inc Woolworth 92% Mar 15 1 Co preferred Wisconsin 8% Jan — Wisconsin Elec Power Co com 6 10% *26% *26% 50 , Co Industries Wfnn-Dlxie Mar 19 88% Jan preferred oil 45% Jan ' *96 11 27 11 20 . *27% * 75 16% 4% common_l 25 Vi 8.600 . *61 •' 96% *15% Machine • V* * •73 $3 21 99 12 *95% 26 64 28% 10 Sewing Prior preference Jan 31 31 91 y4 Feb ' 25% 70% *27% 10c White 94% 25%' *60 ' Wilson-Jones 75 27Feb 3 25% 56% 93% 70% *60 Wilcox 12 141V* Jan 25% 55 94 28 " Wilson & Co Inc common___Np par $4.25 preferred No par 10 July 30" 100 25% 55% 93% 28 70% 2 36% Dec 101 _1 preferred 47- 25% 54% * 4 131% Dec 12 1 26% " 28% ' ' 18 8 25yaFeb *27% Feb 19 Jan *60 20 ' 94% Jan Jan 20 26. 80 * 54% 94% 15% Jan 83% Feb 24 common__5 54 % 95 59 .: 26% May 24 5 % % 3-1% Jan - 23 30 Corp preferred ' '54% 14 22% Feb 12 99% Jan. 24 83% Nov - 32% Mar 20 1 88% Nov 29 conv 53 % 94% 10 22 22" 27% Mar22 7 5% Jan 14 .. 2 19 % Jan 8 145 - ,, 16% Mar 19 9 37 % Feb Sep 26 43 % Dec 12^, 21"t" 25% Jan 31 29% Oct "1 5^> 4%% White Dental Mfg (The S S) White Motor Co common—. ' 95 5 47 • 13; 72 30v ; Whirlpool-Seeger 53 VB ■'53% *94% 29'/a Jan . , 13% Feb 30 50% Jan Steel Corp common 10 preferred 1 i No par 13% Jan Mar 28 45% Feb May 10 14% Jan Mar 29 $5 8 28% Mar 14 100% Jan 9% Mar 28 26 Wheeling * 26% Mar 22 13.'.. 40 2 9 68% Jan j 95% Mar 29 . 69% Jan 96 % Jan 12,.;.' , 31% Jan 20 59 Mar 28% Feb S Aug 30 27% Dec Jap 4% 4% 4% 200 21% 2.900 21 21% 32 31% 32 128 *127 % 130 22% 22% 22% 27% 27% 27% 27% 43% 44% 43% 43 7 , 21 32 . 75 100 32% *127% 130 2,800 60 . *22% . . 22% 22% 22% 800 27% 27% 27 34 27% 4,000 43 y2 43% 43% 56% 56% 56% 56% 56 91 Va 56% 56% 91 % 91 91 *90% 91% 91% 91% 91 92 *84% 84% 84% 85 84% 85% 85 y4 85 % 85 85% 8% 1,700 8% 8 7% 7% 7% 7% 7% 2,700 29% 5.300 8 8 7% 43%. , 56%-, 14,000 7,400 540 ». Mfg Co WI0 29% Young (L A) Spring & Wire 5 Youngstown Sheet & Tube—No par Youngstown Steel Door Jfo par 31% 99% 29% 31% 100 27% 27% 100 % 102% 29Va 29y2 29y2 29% *31% 32>/2 32% 32% 100V2 101% lOlVi 101% x27ya 27% 26% , 27 29% 29% 29% 32% 32% 32% 32% 1,000 101% . 103% 101% 103% 8,200 27'% 27% 27ye 1,800 102% 101% 101% 3,100 27 > 3 Zenith Radio Corp. .No par 101 101% 101% 102 % 102% i dividend aiy1ExSrightT *°*S> ft° 88,168 op. UalB <**7; ^ receivership, or petition has been ffled for the company's reorganization, a Deferred delivery, \ .r-' % .■ Jan Sep ' ; f ;:.v; 57%',, *74 58 i ,3,500 98 *94 . " 3,900 104 % 22% 15% ' — 55% 29% • i / 92% 42 Ya '58% 58 . i V) 16,300 c 104 VA *94 98 ^76 57% 58 i 11 2,100 27%. 104 23 Va> 15% 77%. 27 104 Va 104% *94 30 __ 31% 92% 23 Va 15% / 54% 91%' *127 13,800 *31 31% ,>•« 160 53% 43 104 98 57% Westlnghouse Air Brake .10 Westlnghouse Electric common_l!2% 3 46% 527b .3 96 42% 104% 23 57 ' *92 43% 23% *94 *45% . * 27 *94 104% 15% 98 96 1 46 ! { : ■ '27 75% preferred 31 y4 31% 105 100 Ry 2nd noncum 52% 26% *94 par 4% 45% *104% 22% i ,45 y2 27 43 30 .52'' r * 96 42% 15% *94 52% 104 26% *104 23 % 15% 5 com 42%' 105 22% j 31% 46 51% *92 92% 42 r" 29% *93 96 *104 46- - 29% 104 , 104% *91 100 •' 51% 30% 26%. 26% 104 46 50% 32 *93 common..a *45 29% Western Pacific RR common.No par Western Union Telegraph 2.50 4 Feb B preferred Western 76% Mar 26 - 1 pfd___100 series Auto 32 a 4%% Pulp & Paper preferred Western May Power Western Air Lines 11 4 preferred Va 4% % 2 1 preferred 4.10% West Feb 95 50 - Elfictric Co Penn 4.20% 16% Jan , * Indies West Penn 18 24% Jan & Snowdrift Oil Sugar Corp West Kentucky Coal Co 104% Mar 20 14 Jan 91 Feb 47% Jan 93 12 82 % 94 • 800 94 13V4 48% 38 v? 16^00 23% Co : 700 11% 47 % Motor 600 7,300 . 11% 5 No par No par 700 11% V13V4 . - • 13 V8 13% *92% 94 Pharmaceutlcal-.l 4.8%, preferred 30 67 5 73 25% 28 86 128% Jun 73% 25% West Mar 20 Jan 13 27 *73 25% Wesson 4 68% Feb 17 58% Nov 29 '82% Dec 73% 5 23 27% Jan 3 Dec Feb 73% ' . \ 14 Jan 42% Jan A7 73 5,100 ' < ' 34% Jan 39 % Jan 26 Dec 4 30% Mar 26 Jan 20 73 *71% ' • 44% Dep( '5 Nov 18% Jun Jan 73% Welb^lt Corp 32% Mar 27 3 29% Wayne Knitting .Mills Wayne Pump Co i 53% Mar 29 Dec 104 7 41% Jan.-. 2 97 , 25% Jan Bros Waukesha 21 Dec 92 88 Jan 14 ■, 52% Feb, 20% Feb i;25% 17 32 17 13% 29% 71% - -M"- 25% Jan V ti: 36% Jan 26 (.• 43% May 10 1 26 Feb 28 8 Mar ;*9 27% Dec -(>f. , 19% .2% v i 34% Feb 24% Jan 38% Mar 23 *13 Va 29% 1 Corp 37% Oct Jan 13'4 *2 9Vz 1 26 25% Feb 13 Va 29% 100 29% Dec 35% Dec 13% 29 y2 17% Corp Warner *70% 13% 29% *72% preferred 27 3 72% 13 >2 29% i W 18% Jan 22 28% Jan G " *13% ,X71% ... 133b 2934 Ward Baking Co common Mar 18 Walker 75% 13% 29% No par 2.50 Walworth Co 7 13% Mar 29 -1 20 12 13% Mar 20 28 12% Nov 106 10% July 6 15% Nov 23 75 15% Feb 7 12 Mar 75 10 Co 70% Feb Mar 20 17% Mar 12 95 Vb Dec 17 ; 100 No par Waldorf System 29% Sep r Cash value, wd When distributed, x Kx- 1 t t 1^5 Volume Number 5625 The Commercial and Financial Chronicle ... Bond Record (1537) New York Stock «« FRIDAY italic letters The - — WEEKLY — Exchange YEARLY in-the column headed "'Interest Peried" indicate in each, case'the month when the bonds mature. Figures after decimal point represent one ormore 32nds of a point; - LOW AND HIGH SALE rRICES \c ' -*f~ -* V Rangef»f Prerioas v ".J - i'4-,• 1 Lewest "i 98 17 Dec Lowest * ' Highest ■ * »i.a— ' 91.12 Dec 12 90.12 Dec «* - . 12 89.21 Dec 95.1-f 1995 91 .20 Mar 28 Marl 95.11 Mar" 9 92.24 Feb 11 * 96.30 Not 13 96.30 Nov Mar 28- 97.8 13 - Mar 28 97.8 Treasury 2%s Treasury 2 Vis Treasury 2 Dec 89 13 90.16 Feb 13 89 Dec 84 Dec 7 16 101. 16 Feb 101. 16 Jan 9 101. 16 Jan 17 102. 16 Jan Feb 14 Feb 4 17 Feb 92 90 21 9 102. 16 Jan 24 100. 8 97 .20 Mar 12 103. .4 May 16 Feb 90 24 • 90.30 Mar 4 5 90 30 Mar Jan 104.24 Feb 30 4 ',*94.4 *100.20 100.28 • *94 .9442 *97.16 . *100.4 97.20 * ' " 94.8 •93.26 *97.16 Vis *100.4 '100.8 *100.20 100.28 ♦100.20 100.28' 99.12, *99.16 *9849 9942 98.2H 98.21 *98.19. 96.4 ♦96.2 96.6! *962 93.16 *93.18 93.22 *•93.18 *95.10* 95.14r *95.12 9546 195.12 95.16 ♦9540 95.14 *92.12 92.16 "'*92.18 92122 *9248" 92.22 92.14 9248 *9240 924* *91.22 91.26 *91.26 91,30 *91.26 91.30 •91.20 91.20 *91.22 91.26 *91.18": 91.22 *91.24 91:28 •91.22 9136 *91.26 91.30* *91.18 OJ.22 *9146 91;20f *91.22 91.26' *91.20 91.24- *9132 91.26 •9144 91.18 *91.14- 91.18 *91,20 91.24 *91.18" 91.22T *91.18 91.22" •91.12 91.18 ; *91.10: 91.1d *'91.16 91.26 *9146- 91.20-' ♦9146 91.20 •91.8 91.12 •91.6 91.10 *91.14 9148- 9148 ♦91.12 91.16 *91.6 91.10 91.20 *91.10 9144 ♦91.8 9142 98,6 *98.2 98.6 •98.2 98.6 99. 9 • - 9944' ■ *99.10 99.12 'S&.IO1 ;98.21 * *9848 98.20 *98.18 98.20 96.6 a *96 96.4 *95.28* 96 ; • 9348 *93.10 93 .1f ' " . '93.22 j.' . 93.14" 99.12: *95.4 95.8 * . 1293054—-^_.t *91.8 91.12 *91.16 91.20 *91.14' •91.16* *98.2 98.6 •98.4 98.8 *98.2 •98.26 98.28 *98.26 98.28 *98.26 98.28 *98.25 98.27 •98.25 •97:9 9741 •97.9 97.11 '*97.10 97.12 *97.8 97.8 ♦97.9 97.11 *94.24 94.28 ♦94.22 94.26 *94.18 5,000* 94.22 * 98.27 30,900 94.24 *94.24 •94.20 94.24 *94.24 94.28 *94.24 94.28 *94.22 94.26 *94.18 94.22 Nov 15 1960 *95.28 96 ♦96 96.4 *96; 96.4 *95.30 96.2 *95.26 .95.30 *91 *91 92.16 *91 • »r 92.16 *91 92.16 •91 92,16 *90 91.16 *90 91.16 *90.16 91.16 *90.16 91.16 •90.16 92.16 91.16 *90.16 91.16 *90.16 91.16 *90.16 91.16 *90.16 91.16 •90.16 92 93.16 *92 93 16 *92 93.16 *92.16 93.16 *92.16 93.16 *92.16 *97.8 98 *97.8 98 *97.16 98.8 *97.16 98.8 *97,16 *97.16 —Jan 1 1969 Jan 1 1977 —Sept 15 1959 115-year 2Vis *___ 113 Vis Serial bonds of 1950 98.8 *97.16 98.8 *97.24 98.16 *97.24 98.16 *97.24 98 *97 *100.8 Oct 1 1958 100.24 *97.16 98.16 105.8 *97.8 98.8 *100.8 100.24 *100.8 *104.24 105.4 *97.8 98 *97 100.24 *104.20 104.16 *104 104.16 *104 98.8 *100.8 98.8 98.16 *104.24 105.8 *97.8 100.24 98.8 ♦100.8 100.24 *97.16 98.16 *97.16 98.16 *97.16 98.16 *97.16 98.16 2s due Feb 15 1959 *96.16 97,16 *96.16 97.16 *96.16 97.16 *96.16 97.16 *96.16 97.16 2s due Feb 15 1960 *94.16 95.16 *94.16 95.16 *94.16 95.16 *94.16 95.16 *94.16 95.16 2s due Feb 15 1961 *93.16 94.16 *93.16 94.16 *93.16 94.16 *93.16 94.16 *93.16 94.16 1962 *92.16 93.16 •92.16 93.16 *92.16 93.16 *92.16 93.16 ♦92.16 93.16 due Feb 15 1958 2s 2s- •Bid and a asked price. lot transactions, Odd e No sales transacted this day. SThls issue has not Cash sale, r Registered bond transactions. yet been admitted to Stock Exchange as Sale Price • Territorial Panama or Bonds Friday's FOR WEEK ENDED Bid & Asked Low - Low No. High High Brazil 3s 1961 .Quar-June '103% 104% Corporate Stock 3% (continued)— 3%s series 1980 98U June-Dec ' 98'/i 98% No. series No. 3%s 91% 62 98% No. series 3%s ' series 3%s City No. 3%s ~ New York Transit Unification Issue— series No. series No. 33A$ series No. 3% s 3%s series Foreign Seeurituis " Membera New York Stock Exchange " '' • No. 3 34s"series series No. No. 33As series No 'v Teletype ■■ ■' 26-year "2%s | i':.""-. i; i t 120 Broad**?, NWtdrk^ ItEctdr 2-2300 > 1'' "..1 it ir, - ij y . -g..' • ■<: ->■■ " - " Foreign Government Oifd Municipal A^Hcuttural Mortgage Bank (Columbia) — k"v" _ ' fr.-- ,/„y. . ■; ■ *99 a External (Dept) sinking funds -7s 1st a External-sec ia External sink fd 7s sec Sink fd 7s ser set Australia (Commonwealth of)— 10-year 3V7s 1957-———-- 3J/as 1967 20-year 3Vis 19661— 20-year ' - s , June-Ded AExternal 1950__—AprH-Oet external 8s 1941—-- <• 94 Vi ( s f 6Vi3 of reduced, to 1927 due to 3.375%) Plan A 92 94 Vi ■ 2 89 24 95% 67 98% 99% 114* 90(2 97 33 94 "■ ' 114% 130 ,.107 - —June-Dec - 1 * 86 90 20 1957——AprU-OcfX 77 - ■ 112% -- 90 - LL-— 2 ' 112Vi —April-Oct (Central Ry) 1952 __June-Dec Stamped pursuant to Plan A (interest * reduced to 3^%) 1978__'„l_—__2—June-Dec 5% funding bonds of 1931 due 1951 * Stamped pursuant to-Plan-A (Interest " '* reduced to 3.375 % ) 19791: Aprii-Ocf 12 65 73% 17 66 96 98% 97 98 96 96 ♦93 95 93 93 *89 95 96 99 *89 95 03 94 94 94 *96 June-Dec June-Dec " *93% ' *93 % 50% ~3 89% 15 88% 50 V. 89 80% ' 50% 89 60% 80% 1 series No. 2 series No. 3— -June-Dec series No. 4 *72% 5 77 80%- 80% 1 » ' t * *46 A6s~assented Jan 1961i———_Jd»-Ju}y^ AExternial sinking 'fund; 6s Sdpt 1961-—Mar-Sept A Ss'assented 'Septi4961_ii—1—;—Mdr-Sept 1962-—-a.i__Aprn-0«t; ApHl-0«it 1963- --^-^—Jfay-Ndv ' ./v- , *7t" ft ; 'J* r 'J+, ■ series No.. 5 33As series No. 7—. 3^48 «- 3%s series No. 33As series No. June-Dec • . 98 91 11' 93 5 334s series No. 11 70 - *78 1993-———: _June-Dctfe Mortgage Bank- 6'/as 1957—Suhe-Dtc assented 1957___— ---June-Dec ,. 'V a6% assented 1961—I---———*----June-Dec AGuaranteed'sinking"'fund 6s 1961.— -April-Oct. A8s assented 1961—:—•— u-* April-Oct A Guaranteed-sinking, fund 6s 1962_v—Jifay-Nov *46 " ' 45%-v ■ No. 3%s series No.. 13^._ 12 91 *46' *78 •46 1 . 3%8 series of Consol 1927 Jan * * series No. ■ ,—june-Dec 16 + »3%a series^ No. -17— 46 ;V ; page 39. .. f 47 Vt 47% ; 47% ry 49 48 i, 4'f "t "* • ■ 50 *10 «a 48 - 80 s ...» i ' '• so¬ ... 80 —T il rl- 11% 1 " ' , 119%. fV. '■ . 47 9% — ♦114 81 47 —f 56 57% 29 54 *73 . ♦59% ' 61 51 50 Vi . „ 51 48% ' 12l^ 48% 3 58 Y* 73% 73% 52% 105% 105% 102% 60 106' 50V. 53 48 T , For Financial Inetitutiona FOREIGN SECURITIES FIRM TRADING MARKETS 96 06 Carl Marks & Co. Inc. __ 94 Vi 94% 93 *93 92% 91%. 06 i: 91* i *93 . June^Dec 4' June-Dec --v *93 - *93 93*% 94 " *93' 94 92% 91% *94% — - 95 - 93 - 03 93% " 1- 94%- 93%- 93'i FOREIGN SECURITIES SPECIALISTS r 20 BROAD STREET. TEL: HANOVER 2-0050 • t • 12 *114 57% 96 94% — « *or footnotes see 80% ' •46 Jan-July 1961,— fund dollar bonds 1970—ApriUOct SAColombia Mortgage Bank 6Vis 1947—,-ApriZ-Oct SASinking fund 7s of 1926 due 1946——May-Nop § ASinking fund 7s of 1927 due 1947—-j'Feb-Aug SACosta Rica (Republic of) 7s 1951—i' May-Now 3s ref $ bonds 1953 due 1972—— April-Oct Cuba (Republic of) 4 Vis external 1977—_June-Dec Cundinamarca (Dept of) 3s 1978.—-—Jan-July Czechoslovakia (State ' Stamped'assented, (interest ,reduced to 6*0) extended, to 1960 J-.-—April-Oct . *97 -June-Dec No/. 15— 33As ■ *94% June-Dec 14 80% V-t 57% •78 •78 a 6s , 45%" *78 *46 1962———— • r 95 95 *94 June-Dec — 48" •46 J—Afay-Nov assented ,.r1 — '1ft *"46" Municipal 7s 1960_.<—Mar-Sept A.7s assented 1960-__——— Mar-Sept A Chinese (Hukuang Ry) 5« 1951————June-Dec S a Cologne (City of) 6%s 1950—1——Mar-Sept AColombia (Rep of) 6s of 1928 Oct 1961_April-Oct AOs A Chilean4 ' . 91 89 96 *95 —June-Dec 33As- series 3%s -series No. June-Dec June-Dec —; 80% •46' AExternal .sinkiilg fund 6s a6s' asstfntid 19631———May-Nbv 99 90 June-Dec : ' 48 ♦78 9934 66 99% 92 Vi _June-Dec 9— 10 —► 80% ' - ■ *98% 100 " June-Dec 8 - 33As series No, * 1 -r ■ , ' . io • '"-.W 90V2 *46 90 97 ^ __ 99 -June-Dec — 80% 80 » I'M 80% u 90 88 External doliar bonds of 1944 (Plan B),— 33As series No: 1 r— June-Dec 33As 52 1 *78 ♦46 80% 50 ; 90 79% 15 89 Vi 87% " 50% 87% 2 ' 51 *46 1 46% 73% 5 73% 72% .'73% *- 33As 94 96 95 14 97 r. . 1979.:: 3%s 94% 93 96 {A7s t 94 ■- — 97 " 95 June-Dec June-Dec June-Dec — High 52 , 72% 1957—LApril-Ocf (interest 28^ — v'*- '■■■■ 95 >" Jan. 1 Low *98% 95 June-Dec 27— at par. Range Since No. ♦89 3s ext sinking 99% 106% — 03%99% 165 96 Vi 1 114' 100"- - T63 98% June-Dec _June-Dec AfiVi's. / 94Y«*98Vi' 1 33 98 *127 Vi 135 - 91 90% 91Vg 91% 97 98 99% 93 Vi ——- - - "ExtF sink fund $ ' bonds' 3s •/; 46%. 50%"' 19 , 99% *91V» June-Dec f «Vis of 1926 due Stamped pursuant 50 91 91% - Stamped pursuant do Plan A (iaterest - • r reduced to 3.375% ) 1979-—1—April-Ocf * . 99% Z-June-Dec s— reduced to: 9.5 %) AExternal 49'A . June-Dec i - AChile ! ' Stamped pursuant to; Plan A (interest'. * 90 * a 89 June-DcC 15-year 3%s' 1962—1 ——1--1—F«b-Aug .K 1969—il— —Jtme-Dec 1971—___— June-Dec $ABavaria (Free Stale) OVis -1945—-1—__Feb-A««r Belgium (Kingdom, of) extl. loan 4s 1964-iJune-Dec ABcrlin (City of) 68 1958^— June-Dec "r * -89"' 88 r . — —^ SAeVis external loan 89 50 *95 4- 1957lApril-Ocf " 45-year '3.3/*s 15-year 4Vis IA Brazil-(US of) ,. 89 (i 89*2 - 1978-—ll-i——i_Jan-jttIy-'-; 30-year 3s s 1| bonds 99 " ,;89%' ••■'90-; — '1957lApril-Ocf 2nd ser *1957^ Aprll-Oct* 3rd 98% — . *88%"' collateral- 7s A 1845 Jan-Jitly V; 1 a External sinking fund 7s 'ser B 1945 Jan-July §AExtemal sinking fund 7s ser C.^946—Jan-Julg ' •8 A External sinking*fund 7s ser D 1945__Jan-Jttfjr: \ 5AAntlo^ula ^June-Dec 28_ AExternal/ sinking fund 0s A6s assented 1962 IA Guaranteed sinking, fund 6s 1947__1 Fcb-A«pV §AGuaranteed sinktng fund 6S41948——April-Oet Akershus (Kingdom of Norway) 4s 19681—Jftfr-fiep. " *96 ..,;A8s assented-rF^b :1961^_—-.Ffeb-AUg. 'ARy external sinking furtd 6s Jan 1'961—Jdrl-July * » i *93 June-Dec - 15 Sold High *93 June-Dec 22__ Bonds Friday's _June-Dec 18__————: — irr i.i6#3 vi/;i:.q:,x,i(iniwl.ril or Bid & Asked Low 1975— ——; Mar-Sept Cavca Val (Dept of) 30-yr 3s's f bds 1978-Jan-July § AChile (Republic) external s f 7s 1942—May-lVau § A 7s, assented 1942—--—-— _—__May-JVou AExtehial sinking fund 6s I960—— April-Oct a 6s assented 1960 —-—-—^April-pcf AExternal sinking fund 6.1 Feb 1961—_—Feb-Aug • * x Sale Price (Dept of) 30-yr 3s s f $ bonds 1978.Jan-July Canada (Dominion of) 2%s 1974—-——Mar-Sept Wertheim & Co. Telephone No. series Caldas " -, series 3%s %■■■: ' No. 3%s 3%s —1— Last Peribd Stock Exchange Sept. on Week's Range Friday Interest BONDS New York Issue- Canal MARCH 29 Range Since Jan. 1 Sold due 1959, optional 1956, entire issue called tTreasury 2%% dealings, Week's Range Last Period Exchange New York Stock Feb 15 _due RANGE Friday Interest BONDS . 97.12 10O.8 *94.20 ; 20-year 4Vis —; - . 94.4 - <*97.8 •100.4 •100.20,, 100.28" * i *97.12 - . 100.8 <*v v .June 1959-1962 Dec 1959-1962 15-year 3Vis 104.4 »■ * ■'.# (5) 99:4 - •93.12 _ 5 97.18 ♦98.28 the Week - Bends High 94.28 - 99. 28 Jan 94.12 •9744* ■*100.4* 1100:8 Law V*99-.99.8 "99.12 - :"Mar.2tt .High *96 International Bank for * Reconstruction & Development 25-year 3s July 15 1972 25-year 3s Mar 1 1976 30-year 3 Vis Oct 1 1981 -23-year 3%s ——May 15 1975 19-year 3 Vis ——Oct 15 1971 : *94.4 i *99.4 • ~ Mar, 28 »Law Sales far. Friday- •> -' Low - High , *98.19 —June: 15 1958 Sept 1957-1959 Treasury 2V»s Treasury 2 'As •v,f 97-16 *>100.8* .V/Thursday-'*' Mar; 27 • •99.10 ■ > * Wednesday -r; -., * High 99.14 *•99.6 ' *100.?0 100,26 „ 99.22 NOV 13 l.ow 94.8 •97.12 •100.4 1961 —— — 99.12 •94 1961 Mar. 26 .. High*. . •99.4- - 13 90126 Nov :.1978-1983 Treasury-2%sii^.--_i-1958^1963 Treasury 2%s Low . Treasury 2%s——w—-1962-1967 Treasury 2%s ————Aug 15 1963 > Treasury 2Vis Ju _1 i 1963-1968 91.20 Mar 28 Treasury 2Vis --a—-June 1964-1969' v Tr&sury 5 Vis Dec 1964-1960 .Treasury 2%s__ —1965-1970 Treasury 2Vis ^——1966-1971 Treasury 2%s ^Jtthe 1967-1972 Treasury 2 Vis Sept 1967-1972 92.24 Feb 11 Treasury 2 Vis 2L -Dec 1967-1972 Treasury 2%s 2.——1957-1959 .. 12 99-12 Dec 12 -4- Nov 13 91.3. . 90.11 Dec 12 . 12 91.12 Ded 12 90.13 Dec - .* "• . '•'^IftpeiiBttiy 2%s ^wi~-.^-i-i.~1960<-1965 Treasury '2 Vis -Mar 1937-1958 ; Treasury 2%s —Dec 15 1958' *,'■?' -t--. ^ ; Tuesday Monday Mar.-25;- - EXCHANGE -Treasury 3%S Treasury3s .il—_ Treasury 2%s.— - V* ' NEW YORK STOCK V'--, < V *' GOVERNMENT BONDS - 7. 17 I>ep 98 ~ ■ -^RHgliest^-"- • •> Since Ja a. 1 % Ran re Year 1556 • NEW YORK 5. N. Y. TELETYPE NY 1-971 . ;t Commercial and Financial Chronicle... Monday, April 1, 1957 The (1533) NEW Interest Period BONDS Stock Exchange New York East 4%s 1962—April-Oct extl (Kingdom of) Bonds Friday's or Sale Price Bid & Asked 99% *73 Vi 99 Vi 72 % "7 *17% -t *75 Vi 75% 71 79 7s 6 Vis Main on Serbs 'II7 68 Vi 68 % 68:% 11. 65 69% 81 Vi 82 12: 79% 82 96% . dollar 4s dollar 5s of (extl loan 87% 87 % 88% 29 67 Vi 68 11 (Young loan) 1965— 89% 64% 69 134% 134% 135 2 132 135 121% 121% 122 4 118 122 June-Dec A7s part 1964— paid Conv .-May-ZVou Feb-Arn/ —: 17 April-Oct ■; funding 4Vis 1966— —April-Oct Heidelberg (City of) ext 7Vis 1950 Jan-Jul?/ Helsingfors (City) external 6Vis 1960i„„._Aprtl-Oct Italian (Republic) ext s f 3s 1977 Jan-July Italian Credit Consortium 17% 15% for 30-year gtd ext s f 3s 1977 §A7s series B 1947 ■ " '' f 3s s *80 *100 6'Vis due 1954 extl A5 Vis 5 Vis due of 59 Vi of 60 61% 61% Feb-Aug 103 Vi i964_Ar-—333Feo-AUg 1965 100% 100% 10 *170% May-Nov extended to 1975—3,Ma?/-Nov (State Mtge Bank) 7s 1957... April-Oct (Colombia) 6Vis 1954— _June-Dcc 100% f s bonds $ 1978—— 51 51 Jan-July 15 51 15 ~5 47% 51 Mexico assented Small (1942 agreem't) of *14 1968 1899 5 A Large S ASmail ' 1945 ; (1922 5 ALarge agreem't) 32-—— assented new ALarge A4s of due A4s (1942 1904 (assented to § ASmail ASmail 3 § A Treasury agree't) 1922 r-r-'"" ' agreement) ' ' • 18% *18-'!i 19 Vi 18% *18 Vi agree't) (assented 1933 '_.V—— 13 % assented new ASmail (1942 § A Milan (City of) ■■ ; —: : 18% — 13% *18 18 Vi 13% 6 Vis 1952. — — - , to 2.125% ) sink extl 2008— fund Stamped pursuant 6Vis Plan to A • — 20% — ■ i 21 *20% Aluminum (City of) 6s May-ZVou *112 6s due 1953 extended A5Vis 5 Vis extl due loan 1958 to (30-year) extended §APernambuco (State of) 100 ..April-Oct Stamped pursuant reduced A Peru A loan of) junior debentures 1987—.—......Jan-June American Machine & Foundry Co— % ' Vi 7s — gold 6s 1940.. assented assented 1968 1947 American reduced SAExternal to 2.375% ) secured reduced to Grande do to 2%). 13 99% 99% ' 101 1 A loan of 1921 21% — — Jon-July — .. Jan-July — Jaw-July Mar-Sept Apr-Oct 98% 98 3i 171% 171% Vi 96 loan of 1926 due Plan A to 2.25%) 2004,. stamped pursuant to (interest § A Rome SASao reduced (City of) Paulo to 6 Vis (City) 67 39 44% 1st cons' 79 1st cons 76 80 " 1st 77 % 76 78 4Vi3 1 84 *21% 21 Vi 4 7" 17 25 21 Vi 26% 2 17% 22 24% 9 21% 21 24% 3 17 22 Vi 21 — *48 Vi to 2.375% ) 2 1936 to 2"r ) — 64 — *63% 38 *80 2004 external — __June-Doc reduced For to 2.5%) footnotes see Plan —- 1999__ page 33. 97% 95 1 89 95 97% / 115 1 97%" — Mav-Now — 55 — 46% 50 87 88 *90 Va 77 ;-—'w ,v.". ——.' "77 1 ' *80% 55 91 — 1st Bell ..June-Dec ' yL. *88 *110 ref 3%s debs 1970 A ser series ref M 3s mtge Jan-Ju\y Feb-Aug — Mar-Sept 1980_— A —-—Jet7i-July 2010..— Pa 80% 75% 54 73% 78% 96 Vi> 9 94 Vi 96% . 10234 102% --'ft,'' 104 . — 93 • 5 105 100% 102% 102 1. 103% 106 100 102% 100% 102 , *93 — 102 —' 93% 12 92 *93 Va 93 ■ .. 93 11 93% 99% 2 103 *97Vi 105 91% 93% 97 Vi 98 Vi 90 92% 93 Va 96 — 92% 10 . 99 Vi 103 % . —,. 87% 28 84 88% 78% 79 ',2 53 77% 82 80% 80% 5 79 Vi 84 84 Vi 83'a 64V2 32, 78% 84% 76 % '76% 77% 80 75 79 84 84 87 Vi 79 V 86 2 seri«s Loan debs 1951_. -Feb-Aug series I 1970 J 1976 *87 Vi May-ZVou (The) Jan-July May-Nov 136'/i 103% 91% 93% 126 154 — *87% ZMar-Sept ' 133 V* 135 • 154 129 142 87 90% __ 89% 2 926 126% 132 % — 2%s debs 1981 Co 101% 1 *87 89% 90 8) 93 3 a *142 —Jan-JwZy series mortgage 2%s *152 — Cokisol mortgage 3s series K 1979 3 Vis conv debentures 1980—.— 90 __ 102Vi *132Vi 150 June-Dec — 102 93% 1961-ZWay-Nov — f debentures 1959-. s *90 102 19552-:—-April-Oct 6s debentures Bethlehem Steel Corp— Consol mortgage 2%s Cojisol 2lis April-Oct 1960 C *85 Jan-July —2. 1990————-Jun-Dec 5s Electric f s 1989— 3 Vis f of Industrial City s V2s series Z s Telephone Boston 47 — 50% First 62 ' — 65 & Maine 91% 87 87 Va 86 89 Vi 124% 158 85 89% 75 79 75 — — 77 • RR— mortgage 5s *75% series 1967 AC 4%s mortgage series 1961—ApriZ-Oct JJ mortgage 4s series RR 1960 —2 Jaxi-July mortgage 4 Vi s series A July 1970_May-Nov Bristol-Myers Co 3s debentures 1968 ApriZ-Oct Brooklyn Union Gas gen mtge 2%s 1976. Jan-JaZy a Inc 38 Vi 14 — 37% 39% __ 1st mortgage Brown 64 3 58% 64 70 70 45% 46 75% 75 Vi 49% 51% 1 47 48 1 115 Shoe 115 — 3s Co 5s subord conv 1 -- — — debs 1971 debs Niagara Buffalo Rochester Jan-July Jan-July * Elec 92 115 \A5s 92 85 3 4 — 55Vi 86% 95 95 Vi 1972— 2— Feb-Aug 109 first 2%s mtge 24 109 93% 112 *87 . 68% 41 52% 58% 90 92 83% 86 Va 5 11 ~3 26 — — 1 55 55 55 % " 1 54 — subord general debs 9911 — May-Noy 1981 Jvn°-Dec Buildings 5s p:td mtge income Electric California Oregon Pow°r Canada 115% 115 ApriZ-Oct *90 _Jan-July I960.- 1982 Canadian 90 — 93 1 Pacific consol Carolina 92 — Southern first Power consol 99 it 3 116 92Vi 92 *101 Clinchfield Carthage — 92 93 Case (J I) S7 114% Va 98 87 99% — & May-ZVou 85 85 111% 117 100% 101 V. 91 82 90 83 85 93% 82% 86 1957 April-Oct Jan-July 102% 102% 103 100% 103 104 Vb 104 Vi 104% 103 104 Jan-July 1962 98% Y* Ry— debenture & (perpetual)Ohio 4s 1965-^ Mar-Sept 4s 1981 June-Dec 95 __ *82% 1976—June-Dec 3s 3Vis 1974 g.td 5s A Canad'an National Ry gtd 4Vis 55 85 1975-May-Nov & California 55 95% 109 72 Corp— conv Bush Terminal 47% 54" 54 Co— Pittsburgh Ry— modified 4'is 1957 Stamped Burroughs 4'is '-—2 77 ■ 69 Va 270 69 3 a — Bufialo 45% ~ ' 1980.._ 3Vis BrunswTick-Balke-Collender 76 *75 % Mar-Sept First (interest Jan-July 77 80 75 L 75% 2T2i>v«t-__Ja?i-Jvily — mtge Beneficial 4% — 98 88 75% Ohio RR— mtge conv 1st & First A Jan-Jvht i.l 96% J,' ■ " --—. Borden — — * 97 Vi 88 ' ' c _jan.July A *50% 99% 94% — May-Nov y to *70 47 «i May-ZVou —_ 1950 Stamped pursuant 1964 debeivttmis... 1966 1979_ (interest pursuant to Plan (interest reduced to 2.5%) 1999 §A8s *6.9 91 Va 135% 95 88 1 (State of)— stamped 61 45% — June-Dec 2001 2012 49% 87 *87 *50% — secured sinking fund 1957.. May-Nov Stamped pursuant to Plan A (interest reduced 47 __ 46% 85% >T28% 81 Baltimore Gas & Electric Co— a 6 50% —— AprlZ-Oct A 22 24 A A6»is extl Paulo Vi 20% (interest Plan A 4 Vis ser C 1995——.—_—Apr-Oct convertible Income Feb 1 2010 -May 4 Vis 22 — May-JVou _ Ry mtge 4s ser B cons ■ *22 Vi ft 58 1 93% __ June-Dec 1966 2.——22:—May-Nov 3%s 1963—.May-ZVou Line 2%s 58 s 98 67 (interest ~ Plan Refining debentures 90% 84 45 — June-Dec 1952 to 3Vis 90 Vi 08 seXA 1980__ 4s 86 97 Vi „_„April-Oct 1995 1 Air 41 95 Vi *87 April-Ocf 1952 8s Stamped pursuant reduced 2.25%) Atlantic 171% 9*4 Vi 80 *72 April-OcZ reduced 1967 99% 171% 77% 40% (interest external 4s July Charl & 96% 89% Fe— Santa Atlantic Coast Lind-RR 4Vis 1 — 1968 _22———Feb-Aug 91% 94 Vi 1962——__Mar-SeoZ 1976—— & —May-ZVou 78% 96% .Zkfar-S"pt Gen mtge 4 Vis ser C 1972——-Jan-July General mtge 3%s serie^D 1980--, Mar-Sent 1 77% — Feb-Aug reduced to .2.5%) 1999 internal sinking fund gold Stamped pursuant to Plan A reduced to 2%) 2012„ Stamped pursuant to Stamped Atlanta 2 95 Vu 77 Vi — Felb-Avo 1946 1984 1995— 4s Gen mortgage — . 46% — (Interest Stamped pursuant to Plan A A7s 99 i I § a 612 4 (State of) Topeka General ABerlin L 1953 Plan 2012 lOOVi 101 99 — *168 debentures Atchison deb 80% 2 40 95 1966———————-April-Oct sub inc 84'/* 25 95% 83 93% * lOOVi 101 * — —April-Oct _ A6s 8s 100 — -- Sul $A8s external 2001 6Vis Stamped pursuant 8ao 100 Baltimore & 7s 1950 Mar-Sept de Janeiro (City of) 8s 1946 April-Oct Stamped pursuant to Plan A (interest 7s 101 % 97% :■ 5ARhine-Malr.e-Danube ; 99% 101 Vi 99% 100 *78 §ARlo Rio 16 25 101 5s Co 5s Co & 88% 81% 97 4s Associates Investment 3%s debs W Products 84% 81% 75 83 3 a .197% debs July 4s • 94Vi 1960% June-Dec 19772-—-April-Oct 1995222—_JLQuar-Jart Corp 3%s 80% 28 26 (133% 133% • .Feb-Aug 9955 Inc gold Vi 53 - ' ' 98 Jan-July —_April-OcZ 99% P 90 3 4 —— Nitrate first Arbor 119% 106 Vi 90 ■ 1962..April-Oct 3s —2- ~2 40 Jan-July (Interest reduced to 2.25%) 2006,r APrussia (Free State) 6Vis ('26 loan) "51 AGs s f gold extl ('27 loan.) 1952_ debentures Co 1969 3Vis debentures. 1977 (City of) — stamped pursuant to Plan A (interest reduced to 2.375% ) 2001 7Vis 1966 stamped pursuant to Plan A Tobacco debentures 106% 102% 1 95% 133% _*j——— Armour Alegre 1961 1990- 44% — _April-Oct 1950-" % 80% 83:,a - 95% April-Oct 1967 debentures ' IlApriZ-Oct _ mm ^ 89 ' .. 2—_Mar-5'ept ——-1 1984 debs conv 3%s 43 99% 7 :> Va __Feb-Aug —— Ann *66 ■ April-Oct .-April-Oct 1958— • 77% 40 853a 82 June-Dec 1987——— debentures |3y*s 20% 114% a 1982—1-2—*—;-ApnZ-Oct —2— Anheuser-Busch — 1961__April-OcZ 1st 91 V, -9: 117 84% 85 V 78 Vi 1973-——%2_22——June-Dec 83 % 1986—-2——-......Jan-July 1975 43 95 Vi Mar-Sept s f 68 2nd serips 6s § AExternal sinking fund gold 8s Vis assented 1963 8s — series f s 100 -■» / 122 ft "ft 84 April-Oct debentures 72 99% •' 85% 1980.———————-—Feb-Aug debentures debentures 72 May-ZVou 1959 A 4 Porto Mar-S°pt A (interest 2008...— ..-Mar-Scut gAStabilization loan sink fund 7s A4Vis __ .T.May-Nou _ 98 Vi , & Telegraph Co— 2%s debentures 1971 — — Plan external (Republic of) A4Vis Mar-Sept 1947 91% 105% 89 ft-" 41 105 Vi 106 106 1977——222—---2-Feb-Aug debs 12%s debentures 2%s debentures 21 20V« __ -7; _ 80 114 Vi 116 1981-22%^—_2'J__Jan-JaZp debs conv subord conv American Telephone 43/ -- Mar-Sept 1960-_June-D«e extl i°a£ ext,1 . SAPoland to 2.125%) (Republic ANat « to 7s — ..Feb-Ano 1968— 98 Vi 103% 1 88% 79 74 Vi 97% 96 38 % — 87% 79/ 4.80s 20 Vi 114 V2 -- *99 Vi 1970__J«ne-Dec 1958-.. to Vi 99% 121 88 99% 88 87% 95% 80 89 & Vi 73 94 89 American 4Vis 101 Vi 1963, 94% 97% 112% 1 105% 99% 3%s *44 100 Oriental Development Co Ltd— § A 6s extl loan (30-yr t 1953_ 99% 4 *95 Ltd debentures 3s *71% -- April-Oct 1952 1970..—May-Nov 104 3 1966—...June-Dec Canada *44 April-Oct sinking, fund external 1957_ Municipal Bank extl sink fund 5s 105 Vi Corp. 3%s s f debs 1964..-May-Nov Foreign Power deb 5s 2030—3for-Sept of Co Airlines Anglo-Lautaro __ -- 1963——Feb-Aug 3Vis IA Nuremberg 1982.——Jan-July fund debentures Bosch A s *91 Vi 1979————2—-June-D^c debentures sinking 3Vis 20 21 j—... Mar-Sept sinking fund old 4(is 1965 f extl loan new 1965— 4s sinking fund external loan 4(4s 144 53 — Mir-Fent External 93% 133 3s 1959—Mar-Sept 1957 121 97% '18% (interest reduced to 2.125%) 2008 Netherlands (Kingdom of) 3%s Norway (Kingdom of) — ' 97% . sinking fund 6Vis 1958 M«r-Sept Stamped pursuant to Plan A (interest reduced 117 74 Vi, ASecured extl ASecured 121 97% 18% 17 Vi ft'v' — 21 I.April-Oct ■ 99 96 97 ' 1963. Jan-July _ 16 74 % 3%s debentures 17% . — (State)— 94 % 97 f 19% 181 Vi „ 13% iii% *18 — ~ . Minas Geraes 94 *95 97% 2%s -_Jan-JuJy agree't) — 95 97 2%s §ASmall A6s 18% Vi INDUSTRIAL COMPANIES 1972——Jan-July ——Mar-Sept 1975——April-Oct 2%s ,3 —_ 99 81 Jan-J uly 1922 *97 V* 24 17% 3 5s 1963.Jan-July to 20% 179 4 '.V * agree¬ .'-A-*— 1913 22 18 18 *180'/2 88 —„3. — 6s of *20 Vi 18 99 4Vis subord - (1942 96 ' 1968_Jan-./uZp — assented new 19% 1922 agree't) (1942 89 92% 94 Vi 1970—-Mar-Sept s 95 *80 Allegheny Ludlum Steel CorpA-•'* ■" "■ 4s conv subord debs 1981-—-— Apr-Oct American *18% loOVi 196/_-—..May-Nou ■ 3V2S & American June-Dec assented g A 4s of 1910 assented to ment) 1945 A4s — .3—ft33 1954 3 Vis 1st mtge 3Ves 1984— Susquehanna RR 4Vis Aldens Inc 4 Vis. conv subord debs Albany 4Vis ; l— 87% 186 87% 94 Vi 94 Vi Allegheny & Western 1st gtd 4s" 19982——..April-Oct Chemical & Dye 3J/is debs '1978.—- A t Co of America 3 Vis 1964 Feb-Aug —"Vv." ZaZZ 1963..Jan-Jujj/ agree't) 11 Allied . I- ; a__—3 — new Co 3s ~ -_-_.,.-ft_.—ft3——.3—33_ ASmail : Southern Power '_ 1945_Qimr-Ja/j _ _ 92 = *92 Aluminum :'/ft ;"T"; 3 ,.-4-. —3—~3—.3.—.....33—3 97% *95 —.June-Dec RAILROAD AND Great Alabama __ assented S ASmail A5s 14% IQuar-Jan ; _ §A5s 13% 16 — due 182 Vi 29 Alleghany Corp debs 5s ser A 1962_—„—-May-ZVou 1968__Jan-July (Republic of)— 5A5s ' Alabama .; 9iVi 91 Vi May-Nov ... (Dept of) 1st mortgage gA4%s assented (1922 agreement) 1943-.May-ZVou §A4Vis :'email- 1943-, 33'-'333333.3_ A 99 -2—%%%—-----Feb-Aug 6s of '26 1961June-Dec Vis assented 1958 175% 13% 3 100V* dl86 185 June-Dec .June-Dec (City of) 6s due 1961 extended to 1971 100% 98 98 94 — external 7s 1958——*—Feb-Aug (City) AYokohama 104 Mexican Irrigation— ANew A Warsaw 193 2 _ 96% 94 98 1984———Jan-July Valle Del Cauca See Cauca Valley 175 Vi 15 94% *85 ——. 1979—— external readjustment 3 Vis 62% 120 100% 1 Vi 92 1964——May-Nov 6s conversion External ' 191% 103 Vi 96 U 95' *90 3%s-4»/aS-4 ,ft0s external conversion 1978. June-Dec 4s-4V4S-4V28 external readjustments 1978 Feb-Aug 117 24 20% 92% 22 98 *92 «/2 3%s~4s-4%8 (dollar bond of 1937) — External readjustment 1979——-—May-Nov >-:■ 58% • .. *192 1965 30-year 3s 29 sinking fund A External ; A 4 Jugoslavia AMedellln 62 Vi *116 - 93% 102 ya Vi 18 (Republic) external 8s 1946—Feb-Aug AL'xterrial sinking, fund 6s I960——. May-Nov 60 V2 "ft-' ■ft— /-'■ft'.''-"' 'ft:.- ■ *116 June-Dec j 23 '163 ^pr|}"^c; on coupon 100 1 '164 . Tokyo Electric Light Co Ltd— | A6s 1st mtge $ series 1953— 8s 1953 extended to 1963—.—— 62% 56% 23 *115 ■. 1954 '30 100 99 58% 1952 1 15 § A Uruguay 80 Vi ... 60% .Jan-July extended to loan : 16% 160 Va 78 Vi 103 Vi 56 Vi 19773~~<Zan-July '24 v :^*ft 81 60 Vi Mar-Sept 7sl952 loan V 60 Vi Jau-Julv » SAItaly (Kingdom oft 7s 1951 Japanese (Imperial Govt) — A6 Vis' extl C 13% 160 Va 84 —' Works Public — f., Italian Public Utility Institute— § A External 18 15% 32 16 Vi ' 1946 & 30-year gtd ext March 12% 18 92 3,i Jan-July Jan-July — 15 27 18 1952.Mar-Sept loan of '12 §A5s sterling 14 13% *21Vi*243* 1971.^.*—April-Ocf 1961 extended to 5 Vis due — _. S A With A6s part paid 1963.._ § AHamburg (State of) 6s A 87 Vi loan)— 95% 1 *100 Co Power 94 88 14% 14 l96o~——June-Du? Ltd— (40-yr) s f 197i..__ 5 Vis due 1971 extended to 1981 Tokyo (City of)— A5Vis extl loan of '27 1961 Electric High *175 June~®lf ASVis Government— Greek V V 1958— (Union of) 4Vis Africa South 73 70 9 67 Vi due 1930 loan 73 .........June-Dec Dawes 1949—,.c.—............ April-Oct $ A7s gold bonds 72 assented Taiwan 1980-3 1624 German Govt International 5 Vis 72 1930— 1972—21-^—-—ft--- June-Dec bonds bonds dollar 3s German loan Low 87 13 V* 1962-..-— — June-Dec external 7s 1958%*—-June-Dec (Prov of) Vis A4 1972_—.-i.—-—Apr-Oct bonds International . 143a 1952——June-Dec §A6'/2s 1st mtge s f Jan. 1 No. — 6Vis due 1952 extended to 1953 Issue-™ Conversion Prussian (Kingdom) secured external ASilesia Vi Range Since Sola *88 2012———April-Ocf Slovenes & Bonds High '87 1962—-May-tfov A7s series B secured external 1962—L.rtay-Nov Slainyetsu Electric Power Co Ltd— 99% 81V* 1953 due 1963—4Jew-July & fund issue conv Croats A8s — 98% . 1956.. . 10-year bonds of 1936 3s loan water Range Friday's or Bid & Asked Low continued— of) reduced to 2%) — — 98% 1972...—_——-April-Oct bonds dollar 3s : . 4%s Sale Price —_„Mar-SepZ Stamped pursuant to Plan A (interest reduced to 2.25%) 2004———Jan^-Juiy A6s external dollar loan 1968 Jan-July Stamped pursuant to Plan A (interest external 7s 99 Vi 70 82 Lasi Period Exchange Stock (State Paulo Sao Week's ^..Friday Interest BOND S 100% 99 V4 17 *70 19C7-.Jan-July 1953—.—....May-Nov off <Republic SAFrankfort >'.* York New High Low No. ' v~~ sinking fund 1973—— May-No v German (Fed Ren of)—Ext loan of 1924 5Vis dollar bonds 1969...—V-..April-Oct A Estonia ENDED MARCH Range Since Jan. 1 Sold High 99% 100u (AprA 15)——'—ft—..r-—,»■— El Salvador (Republic of)— 3%s extl s f dollar bonds Jan 1 1970__Jflrt-July 3s extl s f dollar bonds Jan 1 1976——Jan-July bonds Called FOR WEEK Week's Range Low Denmark EXCHANGE BOND RECORD YORK STOCK RANGE Friday Adirondack Ry : April-Oct April-Ocf 9814 47 97 102 101'a * 13 98 101 65 63 79 Ve. 65 79 101 *63 F°b-Aug 3Vis debs 1978 Celanese Corp 3s debentures#1965—Z 3 Vis debentures 19762 101 97% 79 83',2 84% 2 82 86 Va 82 82. 4 79 82 Vi < Number 5625 .Volume 185 and Financial Chronicle .The. Commer .. NEW New Central Stock York o* uco. Period AGen .—Jan-July lviay 4%s series B Jan 1 2020—May mortgage Central Rrt tu New Central N of Yora Pacific and First mortgage 19o7_ 3s 79 0 2020 3%s B series 19t>8 —Feb-Aug & A inipt M 3J/2S series L» 19yd gold coru>oi 4s • General 1958 4s noina r»i ——Jan-July ref 86 93 94 General First 91% AIncome 96% 96% Morris 1071/2 109 '/a % 7 91 % * 85'% 861/8 91'/a / 97% 1 97% 97% 96i% 100% 1 Delaware a Chicago Western & North Second First 1st 3s mortgage 2%s mtge 1st 1st mtge & 91% IOI1/4 81 % ——■■ 69 C— 1 ' 81% 69 68% , v »" 4'As income debs ."2' • f 72% 63 64% " 72% 63 'i. 65 ■ 1 : First 65 General 61 1/2 b6 Gen & ref mtge & ref 3%s A 3s 82% 85 76 "5 ,.v. 80% 59% 61 % 48 59 y8 65% 57% 214 55% 61% 63 */8 66 % 69 65 % 1999—April B lbR9__—Jan-July 69 27/i3 First 53 a 66i% 68% 1,023 70 mortgaee 414s Second '/8 65 : Cleveland —_—Apr-Oct _Jan-July 1977— debs 102% 90% June-Dec 1966. 101 •Columbia A Gas System 3s debentures 3s Div debentures series 1st B 3'As debs series subord mortgage 3%s 1st mortgage 33As 90% subord conv Commonwealth 99V4 84% — Edison of / 87% 1 86'/2 and . First and refund mtge First and refund Pnot and reiund 97 *93 83 100 98 series H series I Oeneral ref M 3%s series J 1st & ref 1st & ref 1st & ref 3%s M M series % 100% 4 V4s 1982 93 4'/os conv debentures ref 1st 89% 2Vis series April-Oct Jvne-Dec -—Feb-Aug - 91 % 1981 debentures 3s 105% 91% 91 2 88 94 89 A3s inc cum in U debs 102 133% Can I : 29 88 Continental Oil 3s Co Crane 3'/8S s Crucible Steel Co Cuba Northern A 1st Cuba debs f debs 80 80 ' of 87% 83% 80 12 85 92% 1st — (1942 mtge 3'/8S series) 1970 89% *89 'A 92% V conv — — *90 75% /' ' 70% 70% , debentures debentures 120 96 102% __ % 3'/2s General Motors General Realty 90 89 A4s 1960 94'A 96% 91% 94 13 97'A 94% 680 95'A 97 108% 85 82% 88% 95 % 94% 871% 85 '/a 93 % 891/2 94% 87% 89'/4 22 22 221/4 74 19% 89 % 89% 12 85% 90 91 *91% 33 *90 : 95 92 7 % 40 40 Jan-July June-Dec June-Dec 30% 30 "2 74 88 88 — 67 110% 18 98 98% 84 % 86 91'A 9 95% 121 96% • 94% 96% 98'/a 118% 9 94% 5 117 ... 94'A 100 • 124% 95% 101 101 15 108 118% 109 112% 111% 124% ' 89 '/a 89 35% 41 111% 112% 78 118% 117 118% 221 97% 98'A * Corp debentures debs 3.30s F) . 100% conv 85 95% 142 98% 92'A 80 90% 94% 91% 92% 49 90 % 95 95 95% 32 90% 95% 94% 95% 46 90'A 95% — 94 95 36 90% 96 mortgage mortgage 305/a 96'A *91% — 102% *__ 91% 92% — 94 — 101 • 92% — 229 100% 94% 28 93% 96% 103% 104'A 196 99% 110% 102 102% 105% *83 . 94 ' 104 Company— Mar-Sept 1976—May-Nov ——April-Oct 1 Jan-July June-D?6 —June-Dec May-Noo ————June-Dec June-Dec 98% 97% 95% April-Oct , 96% 101 95% Mar-Sept LMar-Sept debs 1971_May-Nov & 99% 364 100% 98% 91% 1969.. 1969 92% — 92 Co first mtge subord debs 96 88 98% — 100% 100% 92 143% — 108% 5s series C Mobile 100 96% 100% 1980 1981—. 96 % — 3'As debs Utilities Corp— Corp & 2%s 1979.^ First 2%s 1980.. 1st mortgage 3%s 1981 1st mortgage 3%s 1982 1st mortgage 3%s 1983 93 89 % 88% 16 40% June-Dec 69 112% Northern Ry First 1 I-.— 89 ; — Utilities 2%s 1st mtge First mortgage 3s 1978 3s debentures 1969— — 92 86% a —— 89 1972 Gulf States % 104% 89 —— Ohio RR— General mtge inc 5s series A July 2015 April General mtge inc 4s series B Jan 2044—' April 1st & ref M 3%s series G 1980 May-Nov 91 *88 73 14 71 110% 112% -—Jan-July —Jan-July General mortgage 3 %s series N 1990—__Ja«-July General mortgage 3%s'series O 2000—/-Jan-July General mortgage 2%s series P 1982—_-Jan-July General mortgage^%s series Q 2010...—Jan-July General mortgage 2'As series R 1961—1-Jan-July AGreen Bay & West debentures ctfs A__ Feb A Debentures certificates B ——--Feb 26% 89% *89 73 * 2%s 1965__May-Nov R) & Co 3'As conv sub deb '75_May-Nov (B Union General Gulf — 75% •r ~ -- Co— 1973— General 4%s series D 1976 Great 1 88% ' (W 3%s 109% 88 1969 4%s subord debentures 104% 178% 88 *85 May-Nov 117 —— —Jan-July April-Oct ——Mar-Sept Jan-July Jan-Jv.ly —Mar-Sept _Mar-Sepi 1979-i Jan-July — 1964—— income Shoe Goodrich Grand 102 88 103% IO41/2 91 ' 75 *99 % 103% —— General Tire & Rubber Co— Grace 175 42 108% 109% 72% 90 *86 — — 1961-/——— General Telephone Corp 4s conv 94'/4 92% , conv General 93 % 97 88 ' 1958 debentures 89% 87% „ 109% debentures 94% 93% 102% 103% 68 5 75% 118'A 120 97% —April-Oct 3%s debs 1976 —May-Nov 3%s debs 1976—J.—Jan-July Co debentures 85 1 94% —— 103% 93 91 — ! 3%s debentures 1975 14 93 _ 130 100 56 71% *73 Corp— Corp 3s • 90% * ! — — -- ' debs Dynamics 4s ! 85 93% 93;% —- 130 —— " . Motors Acceptance Corp— 3%s 93% 92% *92% W-r ■ 71 ■ - — 1961— -iway-iNOV Co— subord 92 3 -f — 94% *66_May-Nov debs 1972 85 •'--'•5 88% 92% ^May-Noy 1977 -- 1977-. 86 88% *87% •*** ^ 87 80'A *92% April-Oct 1984 71 % April-Oct 1976 Rubber. 3s & debentures 3s % 140 i Corp— subord debs Tire 2%s debentures 84 92% 92'A 115 3 *103'A 104% *78% 135 — 108% 108% 135 : 104 % 108% 102 —— 105 77% 83% 78% 715% 76 75% 7G% 9 74% 76 y» 66% 66% 2 65'A 66% *93% 97% 92 93% 72 72 *75% —— — — — — — *72 16%. — * ♦84 08% — — 22 17 89% — 16 19^ 90 94% 68'/a — 3 68% - — r- *84% ,*91% 92% 72% 90% — — 92 — — — 85 % 92 —— — 90% 84% — *__ — — - *•0 *83 — *94 — - RR— A 1st mortgage 4s AImp & equip 4s A 1st lien & A 1st lien & Curtis 6s Am 4s Metallurgical General 83 83 • 125 *101% 104 ~ 3%s 1971—Mar-Sept Electric 84% 84 *79 . 1 130 • Foods Rys— mortgage A General 96 Feb-Aup 1976 *— *88% W—. April-Oct 3'As convertible debentures 1975- 107% 102 87% 80 92% --—April-Oct .% Co— General 93 *93% April-Oct 92% 128% 138 „ Mar-Sept 1976-— April-Oct General American Transportation— 4s conv subord debentures 1981———May-Nov to payment- as debs 1965- debentures 4%s 91'/2 53 *87% — 2001 3V4s (N Y) Gardner-Denver 91 91% 105% 106% May-Nov mtge 27/eS 1975—_Mar-Sept Continental Baking 3s debentures 1965 —Jan-Jufy 3s/ks subord conv debs 1980— Mar-Sept Continental 92% 136% •' 105% 124 *871/2 Aprfl-Oct first Power 92% t 4 116 ■:r 89 -June-Dec (stpd S 'dollars) 94% 99'A Consolidated Railroads of Cuba— Consumers 102% 146 94% 93% 91% 92 —Jan-July 1979— 1978 102 __ *92 Jan-July ——May-Nov tFlorida East Coast first 4'As 1959 June-Dec A First and refunding 5s series A 1974—Mar-Sept Foremost Dairies Inc 4%s 1980——'——_Jan-July Fort Worth & Denver Ry Co 4%s 1982 May-Nov 89% __ Aprn-uct : 3Vis debentures 1976 debentures 99% *85 1971.— division first mortgage General (Bait) — —Jan-July mtge s f 23is series X 1986! Consolidated Natural Gas 23is 19683Vss 78 75 "• ■ — 87 *— Jan.-July 2%s 92 ~6 98% *91 —May-Nov 1963 1972— U /: • 5 T* 93 % 87 mgte inc 4%s ser A Jan 2015-,——April mortgage 3%s ser E 1964._April-Oct mortgage 3%s ser F 1990—Jan-July 4%s conv 104% 89% 94% 98% Mar-Sept Jan-July June-Dec ref M 3 87 *94 consol Fansteel 87% 127% 129'% 1986-. M Consolidated Gas El Light & Power 1st ref M 2%s series T 1976 1st 7o 0 93% — i' 83 101 % 98% 7GG 105V4 105% 1986— L series series 75 — — 100% 100% — — _May-Nov . 1984— debentures 75 100'A —-June-Dec first cons gold 5s 1995_Jan-July 1965— Corp— debs subord Ohio ~ 3s convertible 84% — 84% 91% V8 84 2 129i% 1983_r_-_—Fcb-Aug 1985- K 119 7 £4 — — 93 * ' First consol First ' 1st & 157 Associates— coll tr 3% & 86% 821% *891% May-Nov Jan-July Feb-Aug 1981— G 3%s 3%s 0 " — 96 100 11 *89% 92 1982_Mar-Sept 1979 3s ser F 1981 M 276 — __ >- First consol mortgage 3%s ser G 2000—Jan-July A5s income debs Jan 1 2020——a— April-Oct 93 2 83 101 % 100 80 3s ser D 1972 M 3%S 1977 85% 85% *84 93 mtge 3s ser E ref 94 152 113% 115% 116% 116% 1976LMar-Sept 91% 21 96 105V4 mtge 2%s ser B 1511 -April-Oct First and refund mtge 2%s ser C 1972_J«ne-Dec ref 95" 93 — "l —— Fuel & 111 ' , ——April-Oct mtge 2%s ser A ref M 95 156% 156'A 1961——May-Nov 84 95% May-Nov refund & conv Edison El York— and & Gas mortgage 4V2S 90 _April-Oct First 1st <fc 2%s mortgage 1st Anglo-Lautaro Nitrate mtge 3'As series *93 Feb-Aug 1979 ——April-Oct 1980_/_'_,—i.Feb-Augf 1982 _Mar-Sept 1983_ ———IMar-Sept 1984 ———Jan-July 1986—.— ——April-Oct Eastern Stainless. Steel 77% 67 ya ___Feb-Aug —June-Dec Aprii-Oct — New 84 85% 101'/a 101 At 6 4 »/4 *80 —June-Dec ♦ 1999_ 2001 First refund 4'/2s debentures 1st mortgage 2%s 1st mortgage 3%s 1st mortgage 3%s 1st mortgage 3Vbs 1st mortgage 3%s E'rie Railroad 74% 95% -—May-Nov sinking fund debentures 1999 Consolidated 79 85 Va 1st 4- -April-Oct 1981— Compania Salitrera—See 3 87% Co— debentures 87 / 83 ' 1 April-Oct 1978— f debentures 80 % 85'A Inc—1 series N f 91% 83 —" . ..June-Dec —!—— 1995 4s 86% 6 4 83 IMar-Sept Elgin Joliet & Eastern Ry 3%s 1970 El Paso & Southwestern first 5s 1965^ 50 94 — 3s s 88 8 92% 85 ,1 81 79 9 . 94 1977 s 88 92 85 121% 92 66 1970__..May-Sept series L 2%s 88 92% June-Dec May-Sept 101% 102% 52 75% *93 ————. 3s 2%s 1st 48' 79 Jan-July 1964—— debs 88 • 63 971/2 66 ,—... 1983—--*.—— Edison 90 337 94' .—Mar-Sept Ajjrit-u ct ; mortgage 1st 93'/a 92 L— mortgage First 36 91 92 1986. Engineering 85% debentures subord conv Eastern 87% Aprii-Oct E'iec '3Vis Ohio 1 101% 101% 74% Feb-Auy : 1977— 1981 debs conv 1st Combustion First 99% 96 *100 June-Dec 1975—, XOox 4%s debs series G 88 101 97% 1U 66 Jan-July 1980 Columbus & South 88 1958—.——June-Dec debentures 3'As j/ OCl ico 88 121% 125% 83 95V4 751/2 Jan-July 1977 1979 D gold Firestone 3%s debentures series E hC1A.1Vu.vj 90 • . 1976-————-May-Noo K ser Terminal & Tunnel 5s stamped 1991 _Jan-July 4s 1975 A series 88% 125%. Inc— 3%s debentures series C 2 97 86% % 101% 79 —June-Dee 1993- Corp— f conv debs s 8.9% 101 % Fuel & Iron 4%s series 3%s 94 1 102% 102% - 3'As 87% 22 97 June-Dec Mich 89% -—/Feb-Aug 101'A 85% 86% *„ 1970——Jan-July First mortgage 3s 1982—-—— —June-Dec First mortgage 23As 1985 —Mar-Sept P'irst mortgage 33/iBS 1986——— June-Dec First mortgage 3s 1989— _• May-Nov Cleveland Short Line first gtd 4'As 1961—April-Oct ,oJ 9o '/B 98 5 — Douglas Aircraft Co Inc— 97% v.." 1 96% 951/2 96 Cleveland Electric Illuminating 3s Colorado •'' 86% first coll trust 4s 1990_May-JVop St Louis Division / 93'% ' 6. *96% 100 .1—Mar-Sept A debentures series B 5s ii; s . _Dgw Chemical 2.35s debentures 1961——May-A'ou 3s subordinated debs 1982—/.Jan-July 70 93 Vs 19 , 87% 87% 101% 1993 Cincinnati Wab & 3s 1 f; 69 65 Chicago & St Louis Ry— Cincinnati General 3 .•v. 94 99% 100 Aprii-Oct Refunding and impt 4Vis series E 1977 : . 94% 93% -——Jan-July — — f & Fuel 2%s City Ice "-•General gold 4s , ; 93% 96% 2%s 1959—" s 88 V 1971- 3s Co 93% 66'A; f.. —-Jan-July 1978 1970_^______ debentures Service — 89% Jan-July 1982 J. 1985— ser Duquesne Light Co 2%s 1977 1960__— 3/%s debentures Cities 93 1 69 65 3%s series E 1969—Feb-Aug 23/4S series G 1974 —Feb-Aup Corp debentures 4s 73 88 72 — *84 1969i—Feb-Aug 3%s debs 1971 (conv from Oct 1 1958) IMar-Sept Gen & ref 2%s ser N 1984 —IMar-Sept Gen & ref 3'As series O 1980————..May-Nov Detroit & Mack first lien gold 4s 1995„—June-Doc 4s 69 ! Detroit Tol & Ironton RR 2%s ser B 931% *93 Mar-Sept — 2%s convertible Detroit mortgage gtd First C IT Financial 72 ii 72 — - -- /—-April 2018— and refund 2%s series I convertible 3%s 84% Jan-July Terminal— Union 86 * (3% mortgage 77% 56 3Vis mortgage 72 "7 --Jan-July fixed .. l'/o contingent interest) 1993 Detroit Edison 3s. series H 1970 6l mortgage Cincinnati 1 93 83% 86% Salt Lake— Income 85 57% Mar-Sept A—A mortgage & 61% , 11 79%" 79% series F 1963_A_Jan-July 2%s series G 1963 U._Jan-July Chicago & Western Indiana RR Co— .A'/ 1st coll trust mtge 4%s ser A 1982__ May-Nov Cincinnati Gas & Elec 1st mtge 2%S 1975-Aprd-Oct mortgage 72% 89 —June-Dec 1985 A (3% fixed interest) 1993 series A (4%% contingent interest) Denver 72% 12 . Union Station— First 3 Rio Grande Western RR— Income ; 71 109 "",79% - *83% — First 92 mortgage series Gen -- Chicago Terre Haute & Southeastern Ry—. First and refunding mtge 2%s-4%s 1994-Jan-July Income 23As-4%s 1994____. —Jan-July Cliicago coll tr 3%s l'/o "contingent 81% 80 ' " 87% 1 'A, 26........ '..67 .-A•••A- ' 105 — 83% 1 "i "■•V • ;>■_ ■ ■ Ry— A 1980 1995- 98% 88 2 93 *82 1 mtge First series ser 91% 68% 88% 74 91 .*1—' ,-^April-Oct 1973— 3s 871/4 Chicago Rock Island & Pacific RR— A Light 86% 1st Denver & inc 4'As Jan 1 mortgage conv & ' 2055_ 1 Power 85% 93 conv mortgage. debs str A Jan 91 May-Nov 83% *86% mortgage 4s inc inc 1 2042—.1 90 *85% series A Jan 1983 April 4%§ inc ser A Jan 2003 April Chicago Milwaukee St Paul & Pacilic RR—; .First mortgage 4s series A 1994 Jan-July General mortgage 4%s inc ser A Jan 2019—April 4 'As conv increased series B Jan 1 2044-—April 5s *71% First 101% 99% Chicago Indianapolis & Louisville Ry— * 91V* 96% * mortgage and coll trust 3%s 1977-June-Dec mortgage and coll trust 2%s 1979-Jan-July & coll trust 2%s 1980 _Mar-Sept mtge & coll tr 3%s 1984 —May-Nov • 12 lOO'/a 100% Cliicago & Erie 1st gold 5s 1982-— May-Nov "Chicago Great Western 4s ser A 1988—Jan-July AGeiieral inc mtge 4%s Jan 1 2038 April A2nd 91 90 is 98%; 88% —May .• 1st mtge & coll tr 5s ser A 1985 ;_May-Nov •1st mtge & coll tr 4%s ser B 1985—'-May-Nov 98 98 106 98% * " ' May 107 y« Co— 1993-! Division Essex 98I/4 1973—May-Nov 5s series C M mortgage due & RR & Western Div 93% *93 High 105 Pennsylvania Division— ■. 99'% 95 Western & Collateral trust 4-6s 91 '/a f »:7 91 !)<% 5s 1997—April First mortgage 344s series B 1985 May-Nov 5s income aebs Jan 2054———l—_ .May-Nov A 1st and refund 95 91% 91 • Lackawanna 139 *91 'A — 1963—May-Nov extended Hudson 4s 106% *92% —Jan-July New York Lackawanna 91% 8 Low —• --April-Oct 1977— & 106 -June-lik) 1965— debentures 106 ——Mar-Sep 1977 debs Delaware % 95 2%s 1970—Feb-Auy ——j. —Feb-Aug inc mor tgage 2%s Co debentures 3%s Chicago & Eastern 111 RR— A & Deere . 97% 109% Jan. 1 No. First 3''«s mortaa«e 1990 3s mtge 85V4 91 91 First and refunding mortgage * 1st & 5 109 109 Mar-Sept _.T —/—. * First and 89% 91% Jan-July I5«a_ i Second consolidated gold 4s 19o9 Chicago Burlington & h^uincy RR— * 57 *96 series H nnpt M 3',2s lirat cnv 77 5414 °95 __Jan-Juty ly9d_^r eo-Aup Refund and inipt M 3%s series H 1973 uune-Dec ' R 74 43 *93 1974 A iwar-Sej.it May-Nor and 4% Delaware series 3V2S Chesapeaae & o.iio Ky General-AVas and "l 55% 89 Feb-Auy Inc— conv subord Dayton Union Ry 3%s series B 1965 75 54'',4 Range sine* 8old High Daystrom 84 79 4 . 75 oan-Juiy —oan-July ReiUim Low 93% April-Oct xuc± Champion Paper & Fibre aeb 3s lobo 33As debentures 1981 -"1 Refund 80 92 '2 Low ' High Bonds Bid & Asked Jan. 1 / No. ' - Sale Price ■ Sola High Week's Range or Friday's Last Period New York Stock Exchange Range since Co— Ry rennid First 3 v<s j Power Bonds Bid & Asked 1995 series a Jail 1 Friday Interest Q O N D S Range Fridays Low 4s series A mortgage Central Sale Price or * x*j— P'irst mortgage £ Gen Exchange JLLiSt RECORD BOND MARCH 29 FOR WEEK ENDED Week's Interest BONDS EXCHANGE YORK STOCK RANGE Friday SI (1539) rcf June 30 1970 1970—*.' 4s ref 4s series series A B 1970.r 1970 June-Dec —— — — -- 30% 10 26% 40'A 41% 63 33 41% 41 'A 43 34 41% *40% 42 33% 41 94% 97% , Publishing Co— subord inc debs 1986 April-Oct 95% 96% — ' 36 m 41% First mortgage 3s First First 3s series A mortgage 3'As 1982 First mortgage "eir 3s 1978 paee June-Dec —Feb-Aug —Mar-Sept 1984 fnprno'es 87% 00 CO CO to *92 95 94 % 951/4 89 85 % 89% Jan-July 1978 mortgage 1 CO as Water first mtge 2%s Mining Corp 6s ♦ 80 82 108 120 109% — J 29 114% UG'A *109% 117'A 91 *100% 91 • 110 83 9 99 __ — 101 *100 — - CO H — 1949 Hertz Corp 4s conv subord debs 1970 Hocking Valley Ry first 4%s 1999 Household Finance Corp 2%s 1970 SAHarpen n Dayton Power & Lt first mtge 234s 1975—April-Oct 0 1976—Mar-Sept Jan-July Jan-July Jan-July Jan-July 3%s debentures 1958 —Mar-Sept 4 '/gs debentures 1968— Mar-Sept 4s sinking fund debentures 1978 June-Dec 4%s s f debentures 1977 —Jan-July Hudson & Manhattan first 5s A 1957—.Feb-Aug A Adjusted income 5s Feb 1957 April-Oct Hackensack 100% 99% 100'A S5% 10 92 100% 101 100% 105% 8 104 53 % 53% 54 98 45 55 23 % 22% 25 66 20 28 105'A 105'A . The Commercial and Financial (1540) S2 NEW YORK STOCK RANGE Interest New East Period BONDS Sale Price Stock Exchange York Bid A Asked Illinois Bell Telephone 2*/** HI series A 1981—Jan-July mortgage 3s series B 1978— June-Dec RR consol mfge 3%s ser A 1979_.May-.No!> Cent 84',a *88 92 88% 92 '/2 88 \\ 81V* *89 93 89 "js 93 *90 3s 89 99 '/a . Mar-Sept 3Vus debentures f s 4%s 1st series debentures f s Power mortgage 3s A Power At Light 2%s Kansas City 1st 100 General 2%s 93 105 97% Lake 82% 83 85 -4 1976——June-Dec *87 83 % 88% 88 96 -----June-Dec 88 N Kansas City Southern Ry Co— mtge 3i%s series C 1984 1st Kansas City Karstadt Central 1974 mtge 1961—Jan-July Jan-July 1961-—J an-J uly Plain 1st 3s mtge JAKreuger At Toll 1964 94 Mar-Sept 1959 Harlem 50 97 98 /:; 4 i— ■■■■'. ' 94 3®« '■ 1st Dock mtge Lake Shore 3%s At sink At RR fund & „ "xl V' 89'% 95% N 3'% 4% N Mich registered South gold 3'/aS Lehigh 1st Valley Coal 79 » 70% 73% 69 68'% 84% 75 ■> 80 Va 67 75 N At ref 5s stamped 1st At ref 5s stamped 1974 1964 *82 87 75 —_Feb-Aug Feb-Aug 75 2 Series A fixed 4s Series B 4'/2s Series C 5s ASeries ASerles '":r> 66 66 11 66 GO -May-Nov 70 TO 1 10 72'% ---May-Hoy *81 82 '■Z "'.-.iLZ 81 81 6 63'% 66V2 5 69 72 fixed interest 2003 contingent interest 2003———May 4%s contingent interest 2003 May E 5s contingent interest Lehigh Valley Terminal Lexington At Eastern 5s Miami general Aircraft 4s series subord 4.50s debentures *76 78 83'% 89 99% 30 1952 95% 107 96 93% debentures 1976—. debentures Louisville At ——Mar-Sept 1978—i 12 Nashville ser ser mtge 2%s F 2003—__April-Ocfc G 2003 .St refund Louis div second debentures £2 74% • *' •- 93 93 93' 81 81 *80% 83 80 80 80 80 gold 3%s mortgage 3%s 1984 80 80 " First 5s At Co debs f s 4s 1972—_May-Nov 3%s f s debentures May Stores Gen Realty mtge 5s McKesson Sr. Mead Corp first 101 98 % 1977 C 3%s debs At Scott debs First mortgage 2%s 104% 4%s debentures RR 33/4s s. f 3.10s debentures f s 86 6s subord Minnesota Minn f s inc Mining 6t Paul At 1979—Jan-July Missouri & Texas M A First first 4s 1971 Jan % 92 86% 43 93 First 91 lien 40-year Prior 5s 4s lien series series 4'/2s A B 1962 D • 97 99% 89 V2 ; Gen - t :5s mtge income income May 82% •84 First 97 Ym 4V4S coll Mohawk trust & Morrell Ry (John) first 314s & Co Morris & Essex first Mountain 3 V4 1 74%' 89 . 12 , 66 series B •, - 63% First Cash 4%s conV 3V4s 10 89 1 84 6 75 series 81% 79 63 % 73 - debs 77 "v 83% 84% . 11 109 109% 104'% *96 9 5'/a 84% 91»% -94/ 254 *91'% - ; — f ... ..., , .i. 42 63% 90 ■ 92 ' :< 98% 92 y. v 6T:% 3 ,70 63 63% 91 92 49 91 95% 96 .. — 96 1 92 96% \ .*86% — rt-, 87% 87% —» 100 .*_. . 86 1 87% *— 1 92 - .*89.. . V. 91 85 Vs "*"* *90 •'88% 102..; *80 104'/a " — V * w 97% 97% 97% 02 i 96 : '•■■A- 106 . 8o3% 82% ~ 181 75'% 74% 80% 99 63 61% 58 >4 59 55 56 96 % 67% % 63 61 '4 58'4 96% 17 94 9678 67% 1 4Vis ..._..Afay-Nov 1985. ' " 1987.. 15 1 April-Oct 5 89% 83% 88 83% 86 t 87 87% • *90 — —Jan-Jaly I960—April-Oct ' Co— '• 1 97'% 97% _1 92 ./ 92 .June-Dec 1977 June-Dec . A: ref M 3%s series Y 1987.1 At ref M 3%s series Z ref mtge Tel 1986. 1987_____. *89'% .11-. 1981.1.11 1991...— Oil 3'%s —11. 88 87%. 84 88% 86 86% 91% .84 7 90% 93% 88'% 90 94% .25 42 81% 5 At Power Light 3s 93 94'% 104'% 79 % 83 85% 82% 84, 84% 88% 81 % 91% 93% 89 85 89 % *92'% 97 *93% __ Feb-Aug 93% *88 95% '""*911% -%-H • 92% O 92% 91 % 102% 103'% 102% 95% 104% 102 29 97% series fund 1965 A 4%s mortgage 4'/4s series E series B series 19681 D - 101 103 90 1.Jan-July 75 £1 89 LIncome -4s April 1990-_i-, ^ April Marquette Ry 3%s series D 1980—__Mar-Sept Philadelphia Baltimore At Wash RR Co—" '• Pere General 5s gold series 4%s B 1974.; series C 95 *60%" 90 97, £7 58 60 % 90% 86% 91% 102 *102 *98% ...Jan-July 73% 96 * " - 104 % 95% 98 % 88% 90 Va 9C% — 94 Va . . debs lSJDf. 86 First £6 e" 1981 detentji£M^i976__ w< \*rs«.nne- 91 ^June-Dec 1970—June-Dec June-Dec June-Dec Ot 119.%;.. 118%. 120 •. — — .91% • > . , . 933* * . 2- 115'%- 120% 88 V a f ,«2-% .91% .917« First At ■. . 2 93 94% 4 7 89% 93 V4 i " ; At refunding 2%k ■ j * . 1971".—_—June-Dec refunding 2%s 19G7..___.— refunding 2%& 1974..—4 88'A :_May-Nou — 88 Va 93% - 89 Va - 3 - 93 88*% " 15 , *88 V4 -_May-Arou 88% 85% ■ ' 41 91%. 93% A: . 70 98 90 l_Feb-Au? —. 1977 94% 87% 55 78 7 -l. 104»% 88'/a 91% *97% -- 102% 100% .91% *73'% „■ 100 V 4 25 ; 90% 91% mortgage 3 y»s, series F 1985 Jan-July Peoria & Eastern first, 4s external 1960_a_Aprtj(-Oct 60% 91 Ya 103.. 84 102'% 103 Va • •' 91 General 59 101 % 29 101% 101% April-Oct, 1984 84% 16 1023a 103 103 .June-Dec — 1981 17 91% - ^.Feb-Auy June-Dec 1—1 5s 91 April-Oct - 1960 ' •86 Va 89% 103% - *88% 101 % 1964__June-Dec 1975 * ' sinking 4'%s First —Feb-Aug , 90 y4 8 85 104'% *82 ...Feb-Atty debentures 87 V% 93% — May-Nou 1988.^———.1 86 83 103}/-i r—Mar-Sept debentures 80'4 85'% *93% debentures-1978.1._4li:.._AJt._iL_lAfar-Sept debentures / 94'/a ....April-Ocf 1983. 92% 88 104'% —April-Oct t "8 91 *89'% ■ —June-Dec —— 89% 86 *93'% — — debentures debentures 87% .1 „ 92% 85 *86'% series AA 1986—_June-Dec 2%s debentures 1985_'_June-Dec Tel At 86% • 86 >% *87% 87% 4'/as debentures 7 86 • 94% ;.9l% 7»' 14 *«7 . 93% " June-Dec 1084_a ;10 92'% *99'% — . 93 88% 100% 90 ' f 1938.—.June-Dec At debentures 98 100 91'% — June-Dec 1984__ X 104 Va 96% 19 r 88 5 8 — —June-Dec 1982 1st W series 40 93 91% • '* —June-Dec 1979 refunding series 97% *100% 93 1971—-—June-Dec series L 1074 3'As 90 104 21 v LJune-Dec 4—June-Dec 1966 ref 3yss 90 * 104 % .. At M 94%' 104 - ' / . General 91V% ' 86'/4 86 ...June-Dec - 77% •1—m „- ^Mar-Sept — General 65% 90 % 60 % - 91% June-Dec : General 100 77% % *._ *86 refunding 3s series S 1983 ...June-Dec refunding 2%s series T 1976—1June-Dec refunding mtge 3%s ser U 1985 June-Dec General 4l%s 62% 59% 8b Feb-Aug ~—i refunding 3 Vis series I Consolidated 66% 55 85 *98 60 3Vis - Pennsylvania RR— 70 139 424 % *90% 100 May-Nov 1979. 4%s 82 158 59% 1 197$ refunding 3s series J 1970 Pacific Western 76 % *90% May-Nov 2%s Philadelphia Electric Co— 1986 > ~~L y " *102% 103% ' 87% — 88 *— V; -A;—i 86 • 84% X5 . ^ 77% 96 3s Electric General B ' 91 Va 4 96 % ■ 63'% 96 95% 90 10 '" —. 104 , 90% ,. V ,68 105 96 95 ■; 98% 67% 63'/# " 4 93 110% 100 __ 90 . 103 95% • * — 105 6 ■; 102 95 —; June-Dec; 1980 Electrie & 3%s 88 74% Register Co— sub v',; — 93 -j' . At 3%s 75% 93 % N .National Dairy Products ,2%s •3s debentures • 90 75 75 »/4 1966—.i—Feb-AHg " . 3v4s Chattanooga & St Louis— mortgage-3s National - 90% __ Feb-Aug f & Pennsylvania 3s debentures 1958. May-Nov gtd 3'/2S 2000.. June-Dec - 85% 89% — — iD4 Mar-Sept ! * 81 85 % 56 - 90% 88 87% 1977_.Apri/-Oct 3%s 74 77'/, Mar-Sept Mar-Sepf 1986— -85% ' 3%s ■ 15 70% 703/4 2045.. 1991 80 % 84% 92% . 2%s 85 85% 2030— gtd 4s ;v 2 - *101% 103 .4—c-Feb-Augr J^—June-Dec 1st 75 2020——— 1 States Tel & Tel 2%s debentures 1978 Nashville i Jan Jan 1 1976 Malone Mhnongahela A 3 85 — 109'/« Feb-Aug -1st 76 V4 B 47% *92'% April-Oct 1st 85 82% 62 & First At 94 80V's 85 74 - 2005 ser 62% 39 89% . Ac refunding 2%s series P 1981.1 June-Dec First At refunding 2%s series Q 1980——June-Dec 102% 92 61% -Jan-Julv Jan 4%s debentures 1 68% GO 1 85 90 '90% - 3s i974___i._.Mar-Sept 1975.: \———April-Oct First At refunding 3y«s series R - 1978 mtge 4%s series C Jan mtge income 4%s ser '. Jan-July 1st — 81 «/4 Jan-July ACum adjustment 5s ser A Jan 1967—April-Oct Missouri Pacific RR Co Reorganization Issues— ! 1st mtge 4%s series B Jan 1 1990.—— j. 1st 67% 3 ■ '84% First 95% 99'. 102'% 102% < Gen 10 , 2%s 1984——June-Dec O First At refunding 3s 87% 104% *96% Jan-July 1962— series 83 Jan-July First & refunding 3s series M First At refunding 3s series N First At Missouri-Kansas-Texas RR— ' 67% 62% 40 *83% April-Oct 2%s" 1974 First At refunding 3s series K 85 94% 97% At First At 84 93 "97'/4 1991—. May 1990——June-Dec A 2047 ser mortgage : Pacific Gas *90 * Gas mortgage- 104% • Prior 2% 87% 72 % ►88% ^...Quar-Feb 1975—J ' first mortgage "First Pacific Jan A 4 84'% 72 - . *92% 97' N A debs mortgage 2%s mortgage 2%s •Oklahoma f Marie— ser 2 2 1 98% Oregon-Washington RR 3s series A 104 1967———April-Oct 4'/as inc series mortgage 4s inc Kansas F 90 *92% mortgage*2%s 1st 87 (quar) 4'As 91 104 1986 2% 87'% 90 83 19844--^-!—... April-Oct 19864—-Ai—•— Mar-Sept 3y«s mortgage „ April-Oct Mfg 23/4s y ~4 , 72% 67'% — May-A'ow 1979—-J First \ 85 ^-—-Feb-Aug Saulte Ste First mortgage "AGeneral debs Ac 50% i 87% 1997——Quar-Jan 1982. 89 7 i 88 % 97 85 \\ Minneapolis-Moline Co— • 59% 72% 62% May-JVoo 4s mortgage 2%s 1980 mortgage 3%s 1982. '103% 1972 2%s 3'As First l__June-Dec 1976 debentures , Edison 98 Michigan Cons Gas first mtge 3Vis 1969.1M«r-Sept First mortgage 2%s 1969 Mar-Sept First mortgage 3%s 1969 ".Mar-Sept 37/8s sinking fund debentures 1967 Jan-July Minneapolis-Honeywell Regulator— ■ 56 47% : 63 40 1973.. May-Nou 1975....— 07% *87% C ■' 143 3'% 2 - 1974..Mar-Sept 1978. 85 .—Feb-Aug 1988——April-Oct series /. Feb-Aug 1996—April-Oct debs mortgage 3s 89% ' 4%s 82 Co— 85 y2 88% ►92 —Jan-July 1980 77% 81 65 ■-•t '« 87% — 2047——Quar-Feb 67 89 Corp— 1991—1 Central 99 104 % 104'/a —Mar-Sept —June-Dec 1975 Michigan Bell Telephone Co 3%s Michigan 102 95% — 88% a—Feb-Aug 1973 100% 2 *70 *— —Mar-Sept mortgage 3s 1966. 165 98% *85 Metropolitan Edison first mtge 27/Bs 1974__Mav-Nou •' % 102 98 —Feb-Aug 1980 series subord conv 102 Corp— i s Robbins Merritt-Chapman 4 %s 1978 58 50% 2% Quar-Jaa 2%s first . — 1974..Mar-Sept —— ffrst subord conv First 1978 debentures f Northwestern Bell Telephone 3 Vis debentures 1996.^ V First _L—.Feb-Aug '——Feb-Aug Manila RR .(Southern Lines) 4s 1959—_May-Nov May Dept Stores 2%s debentures 1972—Jan-Jnly SVis 49% April-Oct ...Feb-Aug 1974., Power mortgage 73% (►*'.• ——April-Oct j 1973—— 1984 *'• 1 ' 1977 5Vis RR 57 2019—Jan-July 1972 1 % 8 -First At-refunding First A: refunding First '1st At A: refunding ref 1st .& Tef 2%8,1881-4-t.s.—June-Dec 2%s 1982.. ' 3V4s .... ! Aprll-Oct —. ' .if',;- 90 —Jan-July 1983—June-Dec 1985 ■ — - *85'%; _r" 1978—Feb-Aug 3%s mtge 3_%s mtee r 84 ' . .—"Feb-Aug 2%s debentures subord corvv 4s (Wisconsin) Ohio Maine Central A First mortgage 3s 1979——— Northrop Aircraft Inc— t ; 94% 82% 1st trust 'T 58 —Jan-July Jan-July 2047—A.——.—1 mortgage First mortgage First mortgage First mortgage First mortgage ; *81 mortgage Macy (R H) registered 81 50 Jan-July 1997.'/.. registered First • April-Oct 1st ' Elec debentures f 94 78% 81 85 90 Ve 5 *81 3s 1980 ..Mar-Sept mtge 2%8 1979. Ma.y-No!> 1982 —Feb-Aug At l 77'% v 86 77% 93 J Jan-July ! 1983 s 95 79 __ ' 80 95 2 77'% 1980———— Jan-July 3%s 92 79 ■- Corp— 2%s s 94% 80% 92 — - 1992—Mar-Sept 3y4s 1983 s ; 88 April-Oct mtge 3%s ser I 2003 1st Louisville Gas ' 81 -April-Oct First & refund mtge 3%s aer H 2003 First At Power Natural Gas (Minnesota) 119% 68 92 'j 2004 A debentures conv Coll 85 90 91% RR First At refund mtge 3%s Mohawk Northern States 91 87'% i- 95 81 —May • 1977 4'/2S series mortgage 3s . *85 April-Oct First At refund /'■• mtge ser mortgage General lien 3s Jan 97 88 93 y4 2022. ■ , mortgage 2%s -1980 4s 117 60% 85% / - — 99 93% 119y« 77% 63% 79 v8 ,• ;• 60 56% RR— Northern Pacific Ry prior lien 99% . L-. — 101 101 13 *88 3%s 2%s 1994 3 y4s 99 ►115 3s cons Gas & 102'% 95 "62% 61 X ; *78 66 60% 1 . 83 . ,> . 69% 1 * 87 *92 —V — 2007— Jan-July A ser 1973-. & Western 4s 3%s 95% . 987« 102'/4 103 -May-Nov .—June-Dec ■ & mtge : 1/ 63'% 12 • 58% *81% — • . 59-" 62% 87 . -«■ — 72»A Electric 1st Northern 92% 100 ? A ser Norfolk & Western Ry first gold 4s Central general & ref 5s vOeneral & refunding 4'/as ser A 79 75% 3 62 58'% v *80'% • Northern • 1 *80.' Chester— Refunding & improve 4Vis 102% ———..May-Nov A 4s 80% 101 66 -21 62 58'/4 1973—.....May-Nov .—I -May-Nov RR— inc 4'/as ^General mortgage 3Vis P 63% 61% .Vw. *58. —- Jane-Dec State 4%s • *95'% May-Nou 85 . 67% -60% •»: — - • _._^_Jan-July 1055— General mortgage :-x 89% 99 99 76-June-Dec Long Island Lighting Co 3%s ser D 1976. June-Dec Lorillard (P) Co 3s debentures 1963. April-Ocfc . ;V 89 • . series 69 89% j. 7s 63'% 69 - 2003——May 1962— 1976 Electric I 86 2 *101'% 1980! debentures V? 63'% 1979—April-Oct f debs s Corp— 3.75s § A Lombard conv 63 Vh 1965—April-Oct ext Ry first 5s Llbby McNeil At Libby 5s Little 66 —Jan-Ju\y 4s F Lockheed oe CD —--May-Nov 2003 86 41 89% 23 74% 76% 23 '—^-Jan-July General 86 fixed interest 2003—. D ASeries interest 86 Feb-Aug 68% 51 ■ 63'% —Tl—May-Nov 2043.. General 1st mortgage 5s extended to 1984 Lthigh Valley Railway Co (N Y)— 1st mortgage 4'/as extended to 1974 Lehigh Valley RR gen consol mtge bds— 111 78% 66% 67% —.June-Dec A 99 68% i( 2043 Port Susquehanna Niagara Lehigh Valley Harbor Terminal Ry— 71% >- 77 —Jan-July Refunding mortgage 3%s series I 1996—Apr/7-Oct ■, 75 99% 100 % 100 Refunding mortgage 3s series F 1981——Jan-July Refunding mortgage 3s series H 1989—April-Oct Co— 65% 70% 78% ' Y Telephone 2%s series D 1982——Jan-July Refunding moitgage 3V«s series E' 1978 Feb-Aug 85'% 64% '7iy4 Light first mtge 2%s 1975—Mar-Sept first consol gtd 4s 1993—April-Oct Y 70 85 *65 June-Dec April-Gel 64% —Jan-July 1989. ' 99 64 % V Putnam AGeneral *72 Va '97—June-Dec 1997 Lehigh Coal Ac Navigation 3%s A 1970 98 __ 3 2'/4 Y "'80 June-Dec 90 *— ,'•> .. 1998 series conv & 4s Power & Y 1st 1963 86 • 4Vis series A Y 13 Va 4 mtge AGeneral Terminal— A 90 86 Y Ontario & West ref 4s June Term 3s series 87 2 — refunding mtge N 146 L Lakefront 86 J "l first 4s 1986—Feb-Aug 1974. Mar-Sept May-Nov Hartford & River N ;• —— r & 1st XLN -- 146 146 94'% Vu New Haven First *97 April-Oct certificates 5s AGeneral mtge 98 49 *95 81' 88 1973—— B 85 97 97 9 series 83 Y 4s West 93% 104 86 1977— 1997 series B 4s & 96% *48 y4 4Vis unguaranteed 1961 \ —Jan-July Kings County Elec Lt At Power 6s 1997—April-Oct Koppers Co Lack Y 98 « *94 90 101% 86 gold 3Vis 2000 88 867« 83 7 83% 1987—t.Jan-July 4s Kentucky At Indiana Terminal 4%s Stamped 1961____.— • Harlem 83% April-Oct t 4%s debs adj 1963—— Jan-Julu 1st 75 60 88 April-Oct debentures Income & 86 Va N 96% 92% , *70 Connecting RR 27/«s series B 1975__.April-Oct 4 Vis Terminal Ry 2%s (Rudolph) Kentucky Vis 91 93 101% 98% Jan-July 1988 Shore Mortgage June-Dec 3%s Mortgage 4s series A _—June-Dee 1980 101% *86 ——Mar-Sept ; — 3%s 1997—. registered High 88% York Chicago & St Louis— Y N L--April-Oct 10 101% 102% - __ Refunding mortgage 3'/4s series E 1980—June-Dec mortgage 3s series F 1986..ui ^April-Oct 95 95 95 *91 April-Oct — tlrst / 93 > 92 101% collateral gold 3'/2S 1998 ^..Feb-Aug registered 1998 ..Feb-Aug Michigan Cent collateral gold 3Vis 1998 Feb-Aug 3V2S registered 1998 ^.Feb-Aug 100 4 85 12 98 »i Low 89 *— May-Nov 1980 6s 93 92 3 Vis 98% 98 % trust Jan. 1 No. 91% *101 May-Noo Range Sinen Sold Co— series A 4s 93 —June-Dec .> Bonds High *90 May-Ncjo RR Co— mortgage 3%s 100 Mar-Sept 1990 Power At Lignt 2%s 27/«s 1978 mortgage 92 105 105 —-May-Nov Range Friday's Y Central & Hudson River RR— N N Y 4s mtge mortgage 1st 99% 1982 — Terminal Collateral k /:. Mich 1st 100 1976—Mar-Sept / At 100 ,v. 1959—Jane-Dec or Bid Jic Asked _ -^Feb-Aug Refunding & Impt 4%s series A 2013—.April-Oct Refunding & Impt 5s series C 2013——April-Oct Jan-July 4s Sale Price 1974__Apr/7-Oct Power & Light 3s Central Consolidated 97 ya 100 Jersey New 1st Tel & 1974 York 96 *89 Manufacturing 3%s debs 1975 Joy Kanawha 95% 90 V* 1978__Ja«-July — :JL Jersey Central 97 96 105 3%s 1980 Franklin At Clear Jamestown 97 96 ———Jan-July mtge Tel Orleans 1, 92% 92% 96 1977.——Mnr-Sept 1987 1st Co 3'/8s 1st debentures New 170 146 94 debs Jersey Bell Telephone 3'/«s New 14 J 146 _Mar-Sept 1st mortgage 3'/as series J 1981„——Jan-July' International Minerals At Chemical Corp— 3.65s conv subord debs 1977 —_—Jan-July Inter Rys Central America 1st 5s B 1972—May-Nov Interstate Oil Pipe Line Co— mortgage 3.20s series I 1982— Interstate Corp f s 1982 3s 92',4 *83 Last Period guaranteed 4%s series B 1961 New 1986-_3««e-Dec uebs 1972—— 3%s Interest New Jersey Junction RR gtd —— Co Steel 3%s debentures New Indianapolis Union Ry Co— 1st Prods England First . *88 — Week's Friday ' Exchange mtge 3%s 1986 ! National Supply 2%s debentures 1967 National Tea Co 3%5 conv 1980 New V Stock 1st °88 3%s sertes B 1979 May-Noo 3%s series C 1974—May-Noo Consol mortgage 3%s series F 1984 Jan-July 1st mtge 3%s series G 1980 —_Feb-Auff 1st mtge 3%s series H 1989 Mar-Sept 3 Vis s f debentures 1980 --Jan-July fz.llsetier Steel Corp 6s 1948 Feb-Aug Distillers National 871/2 92 *88 mortgage Natl 86 88 \\ mortgage " . York Low High 83 4 c88r?e Consol Refunding and imp 2%s series C 29 Jan. 1 Low No. 86 New Range Since Sold High Consol Inland Steel BOND RECORD ENDED MARCH BONDS Bonds Friday's or Law First EXCHANGE FOR WEEK Week's Range Friday Chronicle.,. Monday, April 1, 1957 90 ' '91Va-.-91% 4 nr. V. - • * -f-. 84 • 84% i_2 87% -88 88% 90 1 91% 91% g« oni'o . The Commercial and Financial Chronicle ... fC J./ •> **! * "»• ' •• .. Interest■ BONDS Peiiod Last or 2%s debentures 1964 Mills Pillsbuiy oebs 1987 3%s s supord conv Inc 94'A ' Feb-Aug dtbs f Feb-Aug . 1972 June-Dec 761 ,7__ 99 A 99 A 99 A ■ ' —• 7 _^ 103 3,4 100 : 102 A 1965—Jan-July 1967 —April-Oct Pittsburgh & West Virginia Ry Co— 1st mtge 3%s series A 1984 Mar-Sept Pittsburgh Youngstown & Ashtabula Ry— First general 5s series B 1962__ Fcb-Aug First general 5s series C 1974 June-Dec First general 4'AtS series D 1977 Jtt/te-Deo Plantation Pipe Line 2%s 1970 Mar-Sept 3'is s f debentures 1986 April-Oct Potomac Elec Power 1st mtge 3V4S 1977— leb-Aup. —— t II _ First mortgage - ; debs Electric Public Service 3s 3Vis 1991 First and refunding mortgage •92 A •111 17; 41 1972 2%s Radio 3%s conv 1980. Reading Co first & ref 3 Vis series D 1995 /Reynolds (R J) Tobacco 3s debs 1973 .Rheem Mfg Co 3Vis debs 1975 Rheinelbe Union— I 7s sinking 3'As 87 A 87 A 82'/4 86 94 A __ K 96 A gADirect mtge 7s 96 . § A Direct mtge 6s mtge AConsol 6s mtge Rochester Gas 6s General mortgage 3'As series J 927a 94A 81A 91A •90 A 91 1 91 8i y8 90 A 87 8 97 72 488 81 92 Vb 84 94 V« 91 Second St. gold Louis-San 1st mortgage ASecond lst 5s mtge 4s Ry U B ser debs A •91A 03 *89 88 88 83 »/2 . V First 'A Second 4s St Paul certificates bond 4s Duluth & 941/2 29 82 first " 2 73 80 A 66 A 66 A 68 104 64 »/2 68Y# - ••93 1968 .June-Dec - Scott Paper Scovlll 3s conv-debentures Manufacturing 4%s Seaboard Air Line 1st mtge 3s ; 3%s Seagram .Shell,Union Sinclair Oil June-Dec 1982 1971 3.20s Halske a Corp 4%s conv debs South & North Southern Bell 2As Oil Ala. ; —. . 3'As Edison 88A Indiana April-Ocf Co Gas 4 As - '■■■• 89 16 89 A 84% 112% 107% 297 88 80 83 A 85 A 83 A 85 First 4 4'As 7 Gold 4 As 1981— (Oregon Lines) 1977 A '108 109 A •66 109 J 35 / 99 -.Mar-Sept 24 135'/4 25 97% 101% 101A 99 ' 973'4 99»/2 118 95 9434V, 95% •: "94 A —;.Map-Nov 70 92 ' 86 86 •76 2'/8s series E 1986 ; Jan-July First mortgage 2%s series F 1996——Jan-July 'First mortgage 2'As series G 1961.. —Jaw-July 1st mtge 5 As series H 1983— —Apr-Oct Ry first 3 'is A Tel Bell 72% Coil ■ "•93 Products (Indiana) Standard iN 1985 5s 4 As conv ; ••' — 66 V# - *107 • 71v 109 106 85 - conv : 162 ' 85% Co— " ; first 4s , Power "81 A V Hi • 46 66 V* 82% 120 A 100 87 8738 13 91 91V# 7 84 i._" year's rapge. in the year;s •Friday's 91A ■< A Bonds '92 90"2 90 ' 102 99'A 101'/a 82 5 85 93% ''93% 102 16 ' 6- 83'A 83 90 ".A"- __ 100'A 100% 83'/# ' '2 90'A 90'A *101% ' *93%' ; 75 II■••'vf'; •3 5 88 .lb[ ■ *83 ~7 *88 — " 62'A 62 n 20 95% 64'A 99 85% 95V# 88 97 y# ; 99 97 % 95 Ye •' 95 88 85'A 99 85% 85 'A •m 1 93 y4 ,88 V* 107 103'A 92'A 92'A Q4. *95 __ 105 '/4 106'A 106'A *90'A 122% 91'A -88'A 92 V# 99% y«, 100'/a 98 10 99% 99% *100'/# , 98 — ' -46 70 70 70 72./.,, 34 84 70 84 ■1 ..'i. £ ■: —r '. . II 70 .. 74 82'A 92% V 93 94 ' 7 '*'* - d Ex-interest, e Odd-lot included in the years range, rvasn aaw range, Ex-coupon. . impaired by maturity. bid and selling asked prices; 84 , '.. ' ' 73'A - 70 * ' *90 1976_Jan-JnZp in the ye»r*i Under-the-rule sale not y 65 61 y# 14 97% *86'A included range, 100'A 98'A *90 ——-.Jan-July 2%s 96 ' 62 62 . 18 97 : 88 42 63 y» €2'A Jan-July lOO'A ;88 98% •' f 94 99'A 100 100 *' 1 ; *96 83 59 ' 99'A 100 100 . ■' 86 " 6.1./.; 56% 57% 56% 57 '/8 ; 76'A 74%:''76 75 1 75% ; - 87% 87% ' 76% 76 y8 r no «a mn ^Companies reported as being in bankruptcy, receivership, the Bankruptcy Act. or securities assumed by such companies. 88 A 86% the Si Negotiability 142'/4 119 in included 92 81 A - 85 119 120'A April-Oct not 85 A 12 not sale delivery March following extensive list wc furnish a AND sales being transacted flat. or reorganised under Beetwn ti during current week. ., . • y "V -■ ■ RECORD YEARLY Stock Exchange for the week beginning Exchange itself and is intended to include every complete report of the transactions on the American 25, and ending Friday, March 29. It is compiled from the report of the American Stock or bond in which any dealings have occurred during current year. Monday, security, whether stock ' ; RANGE FOR WEEK ENDED MARCH 29 Friday American Stock Week's Range for Week Sale Price Exchange Friday Sales La#t STOCKS of Prices La#t STOCKS American Rac.ge Since Jan. 1; Shares Aberdeen Petroleum Precision Acme Wile .'Arms -Adam Co Consol Corp class A Products 1 Inc 1 common.. Industries 4 Inc Aero Agntw Surpass Aim-worth • Shoe see 103i 2.800 9V4 * Jan Air liy4 200 26 25 ' Jan Jan Mar • . 30 Feb 6% ~ 400 5% Mar 6V8 Jan 6,78 7% - 3.600 6% Mar 10% Jan 1% 1 1.300 1 % Mar 8% i 8% . — 9J,n A— 5,600 ' , .-7% Mar 5% Jan • 4.- Associates Air 6 V# ■ 7 — 37 « 5% 4% Mar * common. —5 n##-r 1.100 25% uu —1 Stores. Manufacturing For footnote* ..10 —1 Manufacturing,Corp Supply. Manufacturing. 4% .10% 10% —1 Aeronca 4% __ High Low High a 2% 8% Jan Feb 10 % Mar . Way Ajax Petroleums Alabama Alan SH Inc Ltd Power Wood ; % 1 4.20% Steel cumulative preferred Co.;, preferred 900 9 4'/4 2,900 % 30% 1,300 |J 154" 92 27 •V.V. Feb 11% Jan 3 !4 Mar 5% Jan 1 Jan 8 5.900 30" 30 ih Jan 29'2 Feb Mar 10 154 90 92. 26% 273; » Higfi Lore High ' Southern— Range Since Jan. 1 Shares 3% 4- Corp Great for Week 8 y8 A) J) Industries / Alabama Gas Alabama (N Inc Sales Week's Range ol Prices Sale Price Exchange Stock , Low Low Par 5 88 98'A ■11%J > . . guaranteed 2361-. Electric Light & included 87% "87% 85 •; 82'A 2 "87'/# "87% , Deferred 112 ' 4'As inc ser A Jan 1 2029—May Electric Power 2%s .1976——June-Dec Yonkers 152 105 101 •— gold 3'/eS 2000—_Feb-Aup ref gtd first 150'A 38 IOC'A 107'A mtge 84 79 83 •87% WEEKLY the . | AMERICAN STOCK EXCHANGE In i 160 ►1321/4 150 107% 4s income series A Jan 4s series A 2004—— mtge a 1971—Map-Nov 1982— 1; 80 a' 79 A 2 85% ■ * /•;..-■• r 1976_. Wisconsin A First mortgage 2%s 1979—————Mar-Sept Wisconsin Public Servio* 3'As.1971—Jan-July 107 107 —Jan-July 3'As' 97 ; 162 refund RR • - 83 2013— April 1967-7—June-Dee debentures 2V«s 5, ; 101% 99% 40 115% '/8 109 109 *97 ;_April-Oct 1974. 98 160 Whirlpool-Seeger Corp 3'As s f debs 1980—Feb-Aup firs*t mortgage 3s 1958 April-Oct r Winston-Salem S B first 4s 1960— ^.Jan-July /Wisconsin Central RR Co— 1 Gen 93% 91% 96 "4 115 A 115 A • J) debentures 95 Wilson & Co. 1st 10734 107A 115 Vb Jan-July Jan-July Map-Nov first gold Standard OH Oil debs / 97'A 1951 . 77 *71 _May-A'op 2PAs 1983./. Spokane Internal 2As 1996— RR— 1977—— debentures Standard I994_. 991/2 80 Northeastern & 3As Southwestern gold 5s first gold 5s Memphis Dlv New Orleans .Joint consol 97 *82Vi;' 86 June-Dec Mortgage Southern 87 'A 97 Lake Erie RR 2%s A 1992—Mar-Sept Wheeling Steel 3'As series C 1970— _Mar-Sept First mortgage 3'As series D 1967———Jan-July 3%s conv debs 1975May-JVou 147 A ' First 1 ~ 95Va — 67 65 A ;'75 A 98 A 98 A —Map-Nov' San Fran Term 1st mtge 3%s ser A '75 Southern Pacific RR Co— : - 87% Westinghouse Electric Corp 2%s 1971——Mar-Sept Westphalia United Elec Power Corp— § A 1st mortgage 6s ser A 1953— Jan-July - 110 105 67 A 135 A 138 A ' — '90 90 - 1969 As 80 99 i 98% __ Wheeling & Southern Pacific Co— Gold 96 A 100'A 101 y4 registered 2361—. Jan-July Western Maryland Ry 1st 4s ser A 1969—April-Oct 1st mortgage 3'As series C 1979— Apr-Oct Western Pacific R.R Co 3'As ser A 1981—„Jan-July 5s income debentures 1984 -.May "90A : 89 817e 89 *•84 'A June-Dec subord debs Shore West 1 87 y2 84 A 8 87 A •— j— Jan-July 1973 conv 8S f 97 % "Washington Terminal 2%s series A 1970——Feb-Aug Westchester Lighting, gen mtge 3;As 1967—Jan-JuZp, General mortgage 3s guaranteed. 1979—Map-Nov West Penn Electric 3'/2s 1974—„— May-Nou West Penn Power 3'As series I 1966—-Jan-July *100 1970——Jan-July 2%s,1994 Ry Southern Natural 86 74% *97% *81 4s 87 Jan-July - •a ' a - Corp of America— subord debentures RR Warren Co— debentures convertible Southern :4 *91 ' 1987——'—— *93 —Jan-July J&n-July Feb-Aug 1981—_—lApril Gen mtge income 4'As series B Jan 1991-—April First mol-tgage 3'As series B 1971 Feb-Nov k 111% in% 111A Jan-July 1985—.———_..Feb-A«p California 86 »A 80 90 conv conv Gen mtge T *" 1979-—'— 2%s debentures '89 1947 A sinking fund mtge series A 3'As assented series A 1951 Wabash V 85 V2 85 1 - — 99 V# 88 A June-Dec _. 1963 ,1 85 A ' 81 •93 A —June-Dec Jan-July 1986 1976 RR gtd 5s debentures Southern 99'/# 105 A Telephone & Telegraph Co— debentures 3s 2%s 95'/# 2 L_Mar-Sept -Skelly Oil 2 As debentures 1965—- Socoiiy-Vacuum •__* April-Oct -'—April-Oct 1951.—. 6'/2S •853a June^Dec — f debs 2Vis debentures Oil SASiemens & V 31 ."7 —Mar-Sept 1974 84% W 102 A 289 4 85 85 —Map-Nov : & Sons 2Vis 1966 (Jos E) Pipe Line 97 3 105 A 105 A Jct?i-July , 91 89'A A 1947. series 101 Co— RR series B 19801977—, 3s debentures ..'Service 1982 100 A -97 y8 <• *97 A 1971-^..._Mar-Sept debs V 96 •101 1989—May-JVou debentures f s 4s 9396 9758. 1971——April-OcZ 1st gtd /92% 96 •92 ,-V' v 103 10O •lOO'/a 103 y4 May-JVou gold 4s cons New England & A "r 99 rn^ge 2%s sei' E 1975—Mar-Sept First and refund mtge 3s series F 1978—Mar-Sept First and refund mtge 27/#s ser G 1979—June-Dec First and ref mtge 2%s ser H 1980-—Mar-Sept 1st mortgage & Refund 3%s ser I 1981V_June-Dec 1st & ref mtge 3'As ser J 1982-^ April-Oct Virginia & Southwest first gtd 5s 2003—Jan-July First consolidated 5s 1958—April-Oct Virginian Ry 3s series B 1995^— Map-Nov First lien and ref mtge 3'As ser C 1973__April-Oct 86 74 * V r 74 inc bond certificates Nov 1989-Jan-July vSt Paul Union Depot 3'As B Scioto series assented 92 ' __ 80 — Works Corp— debs First and Mar-,S'ep ..—..Mar-Nov 1989 1972 — 90'A 86'A AprzZ-Oct 1966_^ApriZ-Oct Mar-Sept 1969:_«_^._June-Dec Mar-Sept Vandalia RR consol gtd 4s series B 1957—May-Nov Virginia Electric & Power Co— - . 91 83 A 1 83 A 93 A 84'A Jan-July —May-. — 1977 ,1 88 83 89 89% Feb-Aug 1973 2%s of America Co debs 4'4s 79 A 71A 75 *71'A St Louis-Southwestern Ry— : f s Vanadium A- 2006 Jan 1 debs f s 08 94 - 88 , 1976_— ,>93.;:f,:;uj: - 90 April-Ocf 1980— ser • -I 96Va 92 __ *89 Jan-July Jan-July June-Dec ^..June-Dec 6As sinloing fund mtge series C 1951— June-Dec fV 3'As assented series C 1951— June-Dec Participating ctfs 4%s 1968 Jan-July 152 152 1996.Jan-July A Jail 2022_ *85'/a 1980_- 6V'2s . —Mar-Sept 1997 ser ?' 93 Va 92 ' 97'/a 88 May-ZVoo ——April-Oct 3%s sinking fund debentures 1973__ Apr-Ocf S Rubber 2%s debentures 1976 Map-Nov 2%s debentures 1967 AprZZ-Oct 1st 180 Co.— A 4'/2s June-Dec 27/8s fcr 2%s 1970— mtge & coll trust 3%s 1971 mtge & coll trust 3'/2s 1972 mtge & coll trust 3%s 1975 6'As l.Mar-Sepl .' series 4s mtge inc income Biscuit 3 As 6s 1996 Francisco 95'a 42Y#J"*; 96% "96; 97% 4'/4s Car United Steel ;V: Sagutnay Power 3s series A 1971 St Lawrence & Adirond'k 1st gold 5s 90 38 95 *93 : *90% debentures 4%s * Mar-Sept 1969 95- •96'/# 3%s I960—.June-Dec 1961 Mar-Sept debs United Gas Corp Electric Corp— & 88 91 211 42'/a 3%s 1971—_Map-Nov debentures Tank United „ General mortgage 4Vis series D 1977 95'A " - 87 95 and coll trust 2%s 1975_ApriZ-Oct 1968 _Map-Nov coll 94 '93 81 ...W-May-JVoD May-Nov Feb-Aug; April-Oct 1952__ 1952,.— 1955— §£ Consol 111 94 95 'A ;'__ 94% 3',4s 1982 May-Nov California 2%s debs 1970——June-Dec 1st I 86% 85% £2 111 40% 42'A April-Oct 1986 and impt & 971/4, 92'A A 94 94 Feb-Aap ':'■/' 99 V4 V 82 111 95 'A Oil of 3'/4s 1950— 96 <>■ ' . 82% 82% 82'A Refunding mortgage 2'/2s series C 1991—Mar-Sept Rhine-Westphalia Elec Power Corj>— - 85% *87 mtge 27/8s __^__ul.ii.__J;__>I_^Ja»i-Juiy 1946 Cent ref Union Pacific RR— 19461,.________Ja?i-Juiy fund mortgage assented *83'A June-Dec 1974 mtge Union •95 April-Oct ... • 1 82 V4 — 16v June-Dec 1985—J&n-July E ser 3%s Orleans New f-debentures s Union *93 June-Dec Map-Nov America Corp of 37/8s 95'A, '99 82'A 2 .. 87 Pacific— 1st 172 1st J M 99 •82Va 96 V# 111 1st 9634 96:A 96 A Jan-July 1964— debentures of Ohio 3%s Oats RR debentures 3s 92 A 164 A 7 93 •86 »A June-Dec refunding mortgage 3'/4s 1983__April-Oct 3%s debentures 1975^ „LApr-OoZ Quaker 99 —Jan-July .—April-Oct B series Union Electric Co of Missouri 98 92 A —' *87'A and 1st Louis— Ry first refunding 4s I960—Jan-July Adjustment income 5s Jaa 1960 —April-Oct "3As 102A 99A 92 y4 ' 3%s' debentures '£89 A Tide Water Associated Oil Co— 7 >120 •171A 180 First and refunding mortgage 27/8s 1979_June-Dec 1 ; 89 A 89 A .. 95V'e 913 4 Jan-July June-Dec 2037 2037 8s St M 3'/4S refund First mortgage refunding mortgage 5s and 90 89 _ ;vvuvu First and refunding mortgage 3s 1972_i._Map-'Nov ; II 101A 102',2 102 A. —-May-JVou First 98 86 •89 A %L Third Ave Tol & First and refunding mortgage 3Vy4S 19682.Jan-J«i^ i 90 95 10 97% *87 y J an-July ,__May-Nov impt M 4s series C 2019 2%s series D 1985 Tri-continental Corp 2%s ,_Mar-Scpt 1963 debentures of Assn Pacific-Missouri Term 101 A Co— Gas & 101A Jan-July May-Nov . 2%s 1984 Gamble & 1983 3s Fifst mortgage Piocter 97 V; • "90 A ; _!— Texas & Pacific first gold 5s 2000 A i . - 106% 100A 89 *89 Jan-July Jan-Jntp 1970__ApriZ-Oct First and refund M 3%s series C 1990—April-Oct First and 96 A 93 V2 *101A 104 i-., " "~7T ; 104 V4 100 40 __Mar-£ept 1966. 1972^--,-— 1973— General and refund a. Range Since Law Hign No. 105% 105 A 1982— ,__Jan-July 1973—— ..Texas Corp 3s debentures 1965————Map-Nov Texas & New Orleans RR—' " * "■ Texas __ Jan. 1 Sola High : debentures Refund and impt ; 94 A "'"95 7 RR Refund and 96 A 96 V2 - ._ 95 95 M __ Terminal . 79 A '>' 83 V*. '_7a »95 Bonds Friday's :,i.. 100A S*. ®96 A 3Vis Plate Glass 3s debs 27/8s debentures 100 y8 8 _ ot Bid & Asked 100 0-82?A ,"i ~ .. (Ohio)— fund Swift & Co 2%s debentures 99V2 100 • r »ioi A 102 A "'"I Co Oil Corp. 2As debentures Superior Oil Co 8%s debs 1981 100 A 104A aloi 101A 102 __ Oil sinking Sunray 100 98 A ^ •100A , Consolidation. Coal 4',4s 83 83 , * Pittsburgh Standard 112 A 110 Stauffer Chemical 37/8s debs ' Sale Price Low 95 92 A 5 1 Last Period High Low No. 94 A 111 A '•82 __ Week's Range Interest BONDS New York Stock Exchange Jan. 1 ■>93 June-Dec Pittsburgh Cincinnati Chic & St Louis Ry— Consolidated guaranteed 4s ser G 1957 May-Nov Consolidated guaranteed 4s ser H 1960_ Feb-Aug Consolidated guaranteed 4Vis ser I 1963_„Feb-Aa£r Consolidated guaranteed 4%s ser J 1964_May-Nov Pittsburgh Cine Chicago & St Louis RR— General mortgage 5s series A 1970 June-Dec General mortgage 5s series B 1975 —April-Oct General mortgage 3%s series E' 1975-i-J.April-Oct Pittsb Coke & Chem 1st mtge 3%s 1964 May-JVou 29 Range Slnea Sold High, 94 HO 11 OA Pittsbgn Bessemer & Lake Erie 27/#s 1996 Pittsburgh WEEK ENDED MARCH Friday Bonds Friday's' Bid & Asked , Low 4J,4s BOND RECORD EXCHANGE FOR Week's Range Sale Price .3$ ' RANGE New York Mock Exchange ;i. (1541) «* -»• NEW YORK STOCK Friday Phillips Petroleum •'(*•• •*' • ..Number 5625 Volume 185 154 • 350 88 -• 600 26% Mar> "84 - Jan Feb 34% 160 Jan Jan 92 % Mar 31% Jan 89 Jan h The Commercial Uhd Financial Chronicle.. STOCK EXCHANGE AMERICAN Week's Friday Uit STOCK! Range F«f 3% _ 28% 6 Feb Canada 5% Jan Canadian Atlantic 3% 3% 600 3% Mar ,4 '/• Jan Canadian Dredge & Dock Co Ltd Air Inc Book Electronic# Hard Co Williston 4,700 19% Feb 43% 3,800 41% Mar 56% Jan I 21% 21% 22 500 21% Feb 24'/2 Jan .100 86 % 85% 87 I,150 83 % Jan 88% Jan e Jan Feb 7 . 200 1%'ft 1% Manufacturing Co Ltd—.. 71 1,800 28 28% 2,100 28 % 2f American Natural Gas Co 6% Petroflna Inc Seal-Kap American Thread 54,700 ft Mar % Mar 32% Jan 8% Mar ■33% Mar 33% 100 8% 9% II,300 32% 33% 400 33 33 33 1 14% 13 % 14'% 2 15% 15 15% preferred 4% 7% • % 5% Feb 10% 4% 20e 1% MA 2 Anacon Lead Mines Ltd Anchor Post Products Anglo Amer Exploration Ltd— Anglo-Lautaro Nitrate Corp— 4,200 "4.200 14% 14% 14% 300 15% 14% 15% 3,500 8% 8% 9% 26,300 5 .4.7! 2.40 * 5% Feb *lft 2 1% Feb 13% 14 Convertible Jan ye Jan Charter Oil 15% Mar Feb 17% Co ' 1 Appalachian Elec Power 4V4% pfd—100 Arkansas Fuel Oil Corp i Arkansas Louisiana Gas Co— > Arkansas Power A Light— 4.72% preferred Armour & Co warrants 4% 4% 96% 96% 4% 7% Mar Jan x93 440 98 37% 35% 38% 22 22% 33 20,700 10c 95% Co doss A Equipment Corp Assoc Artists Productions Inc 1 Aro 6% Mar 1 6% 4,800 14 14% 2,400 13% Feb 15 18% GOO 17% Feb " 19% Jan 41 % 42 % 3,900 32'A Jan 45 5% % 14% 2.50 42 4% Jan Club Mar vtc 2% 1,200 2% 2 ye 4% 2,700 4 Mar 5'/e Jan 98 Jan 103% Feb 1 1% 1,200 1 Jan l'/e Jan Connelly Containers Inc 39 Feb 46% Jan Consol Cuban Consol 19% Feb 26% Jan Consol Diesel Electric Corp Electrodynamics Corp 4% Jan 7'/e Feb A*«ociated Class Tel A Colonial Compo • Atlantic Coast Line Atlas Consolidated 1 Co -• — Mining A Development Corp Atlas Corp option Atlas Plywood % 39% warrants 40 400 21 .,/-5% 10 pesos 39% 20% 22 4,300 5% 5% 16,000 7% 7% 7% 2,600 5% 5% 5% ■700 1 Devices Inc Automatic Steel Products Inc > 10c 1 2% 3 1 Non-voting non-cum preferred Automatic Voting Machine Ayshirs Collieries Corp common Bailey A Selburn Oil A 3% 4 ft 4% 2% Corp 3 42 17% 18 16% 16 16% 15% 15% 15% 400 3% ,2,900 shares 6% 6 % Continental Air 3 i'if Continental Aviation « Continental Commercial Continental Jan 46 Feb 5% 200 10% 11% 45,400 BrUlo —1 11% Works Industries Inc <■ 3% 6% 9% Feb 12 Va 10% 200 10'A Mar rets ord ord reg Ltd— bearer 800 15% Mar 17% 3,100 3% 100 5% 14 % 100 Jan 14% Jan 1 14 Beverage Corp Milner A Crowley Crown 8% Mar 200 Feb 28% Jan Feb ;■ 31 Jan 3% 700 . 21% 25% 2,600 / 4% Jan 4 %' Jan 4% Mar FebJan' 10 Cent Petroleum Jan Feb 5% ft' 2 x 2 . 8% 2% Jan 1% Jan 2% 8'A 33 % 15,700 8 %" 3,500 33 'A 7% Jan 200 32 10 Crown Cork Internat'l Crown Jan Drug Co 48% Jan 14 Jan Crystal Oil A Land Co 1,000 6% Mar 8 Jan $1.12 preferred Cuban American Oil 15 100 12% 12% 100 12 Feb Jan 11 10",a 12 Feb 14% 14% 4uo 14% Mar 17%; Feb 25% 26'A 400 22% 27% Mar 5% li • l.vuO - Jan 7% 900 5% 9,600 4% Mar 7% Feb 5% Mar 15/e 4,300 1% Mar 2% Jan 5 Ve 8,300 67e Jan 36% 3,300 4%. 4%. 36'A ft 15% 35% 15'A 15 V2 Jan 4% Mar . 26% 27 3,700 87/e. 8% 9% 10% 11 Ve 31'A 1,000 26%' 4'/2 6 ~6 32 32 32 92% 93% 50 6% 6% 100 8% 20o 6% 7% 400 100 Feb 40 x 8% 2,300 2% Jan 10% 15,500 7% T% 5,200 94 Jan 15% Feb 26% Feb 30 Jan 6% 1% Jan Jan 5% Feb 2% Feb • • 48% 48% 497/e 7,900 Feb 43 47% £1 19% 19% 20 16% 16% 167'a 7,700 19 18 19 1,100 6% 11 6% Feb Jan 7% Jan Brothers 1 3 , Mar Jan 26 • partic 25'/e & Distillers Co American 1% 300 1% Feb 2% JO.TJ 50 11% Jan 14% Jan Feb 18% 3% Mar 16% Mar 23% 37 45 4% 4% 5 M'ru. 17% 18 3,500 39 39 00 18% Feb 23 Jan 10% Jan Dominion Tar Textile 3'/b Mar Dominion 7% Jan Dorr-Oliver 9% Mar 10% Jan 8% 8% 300 8% Jan 5'/2 Jan 20'A Mar 16% Jan $2 "1% 1% 1% 22,100 4 %% 9% 9% 200 1 A 13% ft 100 A 5% 5% 5% 1 1% 2 % Feb Jan 9% Jan 10 Jan 13% 1,200 13 % Mar 15% 14% 14% 550 L>?4 ±viar 14% jan 6% 6% 200 6% Feb 7% Jan -10c 35 50c 1 l'/e 1 % 2,200 l'/e Jan 1% Jan 33'A 33'A Feb .36% 4 ,, 60 700 4'A 33 3% Mar Feb 6 ' 32 5 1 ' 32 , 1 9% 4'A —1 1 5% " 10 144' ' 30% Mar Jan 138 5 6% 35% 146 Jan Jan Jan Feb Jan Jan 10% 800 % 5% 47.200 3% Feb 5 % Mar 5% 5% 6,800 5% Feb 6% Jan •>' i. 153.900 1% Jan 2U Mar 9% 4 »• 700 34% 144 9% Mar 11% Jan ' 2A - u{ < 500 20 V» 2 l'/e 14% ■ . 14% 400 12% 12-/B 12,2MO lo '/4 J an 21V4 Mar Co Ltd stock Co Ltd common 15% Jan 9}J Jan 13% Mar Jan 21 12 Xll% 12 300 Jan 23 3e Feb 24 Mar 11 % Feb 13 Jan 8% Mar • 9% Feb Jan 7.50 Feb DuMont 15% 600 15 Feb 17% Jan 34% 123 34% Mar 37% Jan 2,000 1 4% Jan 5 5 5 % Feb 32 % Mar 21 21 21% 1.200 20% Feb 23% Jan 9% 3,900 8% Feb 10% Jan 100 55% Feb 59% Jan Mar 28% Jan 31 9% 9% —10 56 56 • Duke Power Co Jan 15 34% 1 * Co A 15% 34 % • Drilling A Exploration Co Harris Jan Jan 20% • * 3y8 14 % 2U * Coal ord Chemical Douglas Oil Company Dow Brewery Ltd Draper Corp common^ 4% Ve 1.000 26,400 4% 1% 7 n 11 29% 28% 4% 3% 3 u 4 38,200 "2 200 30 "4 9,900 3% 9.900 13% 13% 13,500 59% 50 5 2% 27 27% 1,200 47a 4.800 Ya 1.100 3% 800 14% 27 5% Mar ' 13% 1 , Jan 32.50 Jan % 1% Mar Feb Jan 13% 1 -1 Inc 3% Mar 2,200 3% Jan 6 2.50 preferred Driver ViT 5.401), Ltd— 200 3% 4% Jan 2.50 class dep rets ord reg 1,200 7Ve Mar % Feb Jan 17 -%c America— 95e Feb Jan 25% -- . Jan,, 12% 12% 15 y4 " -50c Manufacturing 19% 1,100 19 4% 93 1% .100 Jan 16% Mar 12% 6s 8d —-1 —.—2.50 Jan 2'A 16 6 1% . • Jan 100 — 1,900 4 Jan 12',.; 25c 18 Feb 5 1 13% 59% 50 4R 4% 1,600 Jan Jan Jan 5% Mar 2% Jan 8% Jan (Allen B) Laboratories— Common -—1 52 Mar 41/4 Feb 25 Feb 3 Mar 13'/2 Mar lVe Jan V2 Jan 4 30% Mar 3% 14 4% 28 28 100 American dep rets ord (The) Hosiery class B Co. 59% Mar Eastern Malleable laBtern States Mar 5ft Jan 28 Jan Jan 4 7 • 1 «.• 15% 17 30% 17 29 30 % 3.500 1 % 1 1% 1 i;i 34.000 % 6% 6% 3,600 6 29 Feb Feb Feb Mar 4% 7% 17 35% 1% Mar 2 5% 7% Jan Jan Jan Jan Feb Mar Jan Jan 50 Jan 4% Jan Jan ■25% 49i 10a -1 common Corp common Duval Sulphur & Potash Co Rights 1 ' Dynamics Corp of America Jan Feb reg Test 55 4% 4% Dunlop RubbeF Co Ltd— 43 50 24% 500 6 200 19ys Mar 800 1 Inwunce 22% 17% 25 Ve 15V2 Mar 300 10c — Feb 19 16% 9% • Co .17% 8 2U (The) 3'/e 50c Gas 1,500 Gasket X7'A 10s A 7% Mar Gray Iron Foundry 7% common preferred preferred Jan Detroit 9% Corp Ltd Inc 6'A 20% Feb Jan 8% 1 3% Jan Jan .25c 25c 16'A 19% Feb Inc 400 11 Vt Ltd 1,900 Jan 5% Oils 3% Jan Feb Jan 81% Club 193a 10% , i'ii 13% 6,100 Diners' 3% 100 15% . 15,200 Mar 18% 10% Feb Jan 11% Mar 4ftT 7'/e 20 3% 1,100 % 4.100 12 Mar 7% 87 Jan 18% Jan 16 18% Mar ft 17'A Jan Mar 87 re Inc Feb 7.50 Power _. Development Corp of 8 "~% 10% —"ft/'; —**■ 47% Mar Feb 15 6Ta debentures 8% -50c 3 200 15% 2 8% Mar 15 86'A Co 8% ~9% 9 % (ord reg)—£1 Mines Dominion Steel A 9% ">44% Feb n Jan 6% Jan 7% "id Feb Jan 39% Mar Dejay Stores common Dempster Investment Co Dennison Mfg class A common— Jan 7% Jan 100 400 15 43 V2 Mar 44% x8 Va 12 • Inc Dayton Rubber Co class A 49% Mar 6 Jan 44% : 15 1 common 1,200 11 700 Jan 1% • X8 ;ft ■ Davenport Hosiery Mills Duro Aviation 44 % 6% Jan 43e Diversey (The) Corp Dome Exploration Ltd Dominion Bridge Co Ltd 19% — 500 40,600 6% 10% 1 25c Products l'/e Devon-Palmer 47 Feb ft ft 5% Mar 3,400 Mar "5% Detroit 47 6% 2,800 • Daltch Crystal Dairies Inc • Mar 45'A 1% • 8 1% , Jan 12% Jan Jan 5% ■ Jan Jan £1 Feb 5% 1% 5o vtc Manufacturing Day 31 6% 9 % Jan '5% , 5'A common.— Oil Lighting Inc Davidson Mar 28 or—. 600 8,600 l'A a common Feb 32 y4 • Tobacco Curtis 10'A Mar 7% 8 5% 9% Feb ft- 8% Mar Jan 7% 8% Feb • Co Sugar Curtis Jan 7% 6% Mar 7'A 5% ft/ft 2.50 Atlantic Cuban-Venezuelan Mar 341/2 Mar Feb 90 1,300 9% 7% 29% ft. 7 T 2% 10 Feb ft 8 Jan 14% v 1,700 1,200 '"5'A common Cuban 5'A Mar Jan 5% /10% .—1 common— Cuban Jan 16 .» * xl5% Mar Mar Jan Feb 25% / 10c "A" 2% 9% Mar 4% Jan 8% 36 % „ Feb 1 % (Md) 46'A Jan Mar 9% 5% 10c Co 300 Feb Jan 7% Feb - 300 15 2.50 class A Edmonton Fire Jan 9 1 —1 24,000 3% 1 Super Corp Camden 6% - 8 Duraloy Oil Jan 4Te common— Durham Consol Jan % Feb GVa Publishing Co 46% 12% • American dep rets ord shares. _3s 6d Burroughs (J P) A Son Inc 1 Burry Biscuit Corp. 12 %c Byrd Oil Corporation common •2.50 81% 23% % - 10% 7% 1 Corp Burma Mines Ltd— «^alvan Mar 21% Mar v 1.000 4% ' 10 Hill (The) Company Electric 4% Jan 1.50 dep receipts Petroleum Crowell-Colller 9 preferred serial preferred Buell Die A Machine Co •3.00 4% _1 ' 2% • convertible Ltd— 9% 7% 2.50 6% Calif Eastern 27% 4 Ve 1.25 . 46% B California 22 '/2 27 Ve —8 2% 1 S F Company common Buckeye (The) Corp Budget Finance Plan common Calgary A 73 7,800 % • 10 % X Bruce (EL) Co common Bruck Mills Ltd class B Cable Electric 8 Jari 1% A Reynolds common preferred class A Creole Jan ct' a% K'-. 14% Mar - 550 7=% 3 10 Inc 46% 10 common C A C 19% 7% Mar 4,400 22»2 Ltd—* Irtc American Feb 1 common convertible Feb Mar , 12% 700 0 itf ■ft- 7 Ve Va Feb 12 Distillery Ltd— Courtaulds Jan 5% 3% Mar 4% Jan 10s Brown Forman Distillers 4% cumulative preferred Brown Rubber Co 6% :ft 23 4 _ Jan 3% 10s reg Bunker 1,900 74 % 21% \ 86 43,700 27 1 non-voting : Gold Mines— $1 10y2 Mar 16% 3% • rets Buffalo-Eclipse 73 ; Jan - Inc B Cott Jan 10% • American dep rets ord reg British Columbia Power common British Petroleum Co Ltd— American dep rets ord 60c Jan 7 Corroon Jair Jan 5'A voting Cornucopia Jan Man 2^ Feb 15% Light A Pwr ord—* Co common Oil Co Uranium A Coro 6% Mar 6% Mar 5 (H) J ah Jan Feb 5 »<, 300 3% 73 * ft-ft 50o Corp Class Feb 3'A Mar Jan 3% : Manufacturing Company 16% 2'A 15% British American Tobacco— Brown 7% 14 % 3 14% "7% Engineering—1 Class Mar 17 10% — Co British Celanese 14% Feb Corby Jan 1 — Amer dep Amer dep * 21% 38,500 5% 1 British American ' 8% 100 ft —10c — Inc— Jan Jan 14% common Lines 3 5% * Gas 5s/i 1 Utilities 4'/2 16'A Mar 14% Feb 10 2% 5%% prior cumulative preferred-100 Borne Chemical Company Inc 1 Bridgeport —600 • common. common Gear 1,000 " 1 21% Mar 1 Ties Brazilian Traction 13,100 60s Bell Telephone of Canada common—21 Belock Instrument Corp 50o Benrus Watch Co Inc 1 Blckford'B Inc common 1 Black Starr A Gorham class A • Blaunet's common 3 Blumenthal (8) A Co common 1 Bohack (H C) Co Brad Foote 5% 13% 25 Jmu 50c Corp Mining A Smelt Royalty Oil 60c Beck (AS) Shoe Corp. Bellanca Corporation Breeze Corp 3 3 - Ltd Inc Feb Mar;; —20c — Petroleum Cook Paint A Vprnish Co—. Cooper-.Jarrett Inc 17% Is Basic Incorporated Bearings Inc Bourjois 3ft 11 400 Machinery— Gas 16% Jan .1 common. Barcelona Tr Light A Power Ltd Barium Steel Corp.. Barry Controls Inc class B Beau-Brummell 74 / 23 10 Consolidated Jan 1,200 .1 Inc Banco de los Andes— American 5% Mar Feb 4 —1 Consolidated Jan 3% 200 -ft- • .1 Baldwin Securities Banff Oil Jab 4% " 7% » —I Consolidated Jan Gas— Class A Baldwin Rubber Co— 57/e .Feb Jan Jan 8% 28,700 ft • 12 1 Vtc ext to 1965 Continental Industries Stone Jan 23% " Corp Audio Baker A •ft 9% Jan 6 4ft 11 Ve 5% : 6% Mar 81 11% _5% • Hotel Inc Shoe 4% r ft 5% Mar Jin 18% Mar 30a Community public Service.. A T«i— participating Atlantic Coast Fiauoiics Sand Commodore Feb % MaY 4,000 " 67 ft 10c 2% 2% Jan Jan * 5,300 6% ; —5 4% /ft 3% Jan 36% Mar Manufacturing—4 Co—4.—-—* Oils Feb Jan K 106 % ; Jan 4% 19 Products Caribbean 9 " 4% Feb/ ; 24 14'% —v. 2% Jan 500 31 h S 4% Feb % 11 *"3% ; 1 300 J1 if 1 Is 2% 300 1 Lambert Jab /. 31 % Feb 104% 100 4»4 4% -1 1 -1 2% 4%"' 4 Farm Equipment Co Development ordinary Colon Jan "5% 19% 6 10 •. Associated Oil A Gas Co 8% 8ft Jan ; Mar ft 27% Mar 7% Mar 4d 2ft 3ft ft. •ft Mar 4-% 19 1 rets reg Associated Fowl Stores Inc Associate Laundries of America 21 ~5%' "4%/;- 5 Cockshutt Industries— dep A Aluminum Coastal r Jab 7' ft Jan Jan 27 ' 1,000 105'% 106% 6% —10 Ltd Consolidated"Minings Clayton Jan 34 % Jan 112 200 300 "*** 2.50 Clarostat Manufacturing Co Clary Corporation—„ Claussner Hosiery Co—: Mar 100 Jan Jan 3 % ' .10 —— Olark Controller Co Jan 29,600 J .-100 City Auto Stamping Co_, 38% Mar 24% 17% 6 Armstrong Rubber Jan 'Feb " 27% Feb Mar"*' 1% 2 Corp—— Jan -".--ft:' ;. pfd common Christiana Oil Feb 101 Jan 20 13,300 22% 4% Jan 4% Mar 1,300 Mar 25 Va 28,800 ft Feb 2ft 4% 6 • Chesebrough-Ponds Inc Chicago Rivet A Machine Chief '20 Feb 2% Mar 8% 34 1 — "A" shares Angostura-Wupperman %• common--——10 preference Cherry-Burrell Jan 10 Va Mar;> 1,000 100 Co Jan-*' Feb -: 1,800 27 % 1 Ltd Chamberlin Co of America, Charis Corp common 5% Mar ft' 1 Century Investors Inc 23 % Mar 3 27 -34 . -1 preferred Century Electric 3% uan 1% 4,400 ?»V\ 3 Feb t eo 6 % 113 Jan 8% Mar 3% 2,800 ' 26% " 8% • Maine Power Co— 3.50% 3% orj — 10 Central Power A Light 4% Jan Jan 21 3 Company class A Central Jan 17% Jan 4'A Explorers O »e Jan 1 28 . ^1.! 4-1 Co Central Illinois Secur Corp Conv preference $1.50 series 34% Feb Jan 4 • common 15'/a 700 I 50 Central Jan 12% Feb 14 % Feb 2,050 4 class A A Feb 5% Jan 17,500 % 6 . 2s 6d Corp of America Corporation Cenco Jan 31% Mar 31 Jan 21,700 11 33 '/a M) ~ 1 -- Catalin 30% Jan 9% pfd—21 common Castle Jan (A x31 19% • - Casco Products common Jan Mar 32% 1 American Jan 14 42 y2 35% Mar 28 •■ American Jan " 5,400 40% pfd ~7A 3 0% v. 5 —-1 American dep rets B ord Carter (J W) Co common 76'/2 Feb 11% Mar 42,800 2Ve 25% 2 1 - 1% Mar xll 11 14 2 j, 10O 2jA - • 5.50 Power A Light $5 8'A l",a — 25% Sc Co common— Carreras - :_1 Capital City Products common. Carey Baxter A Kennedy Inc Carolina 1% Jan Feb 26 400 6;% 2% ; 1 13 ye 38% 10c Canso OH Producers Ltd vtc Jan 9% — pid—10 Minerals 7% 7% . —1 partic 12% Mar 20 oom Ltd — 60% Mar 11% ft 33% Oils Ltd Jan 40 Co American Writing Paper AMI Incorporated 100 ...100 American Maracaibo Co 6% 9% 26 19,700 28 • Canso Natural Gas Ltd vtc Carnation 11% 7jJ . 2 Canal-Randolph Corp Jan Range Since Jan. High 10% 26 vtc.l Ltd Jan Mar 9 50 1 Machine Electric 200 12 % 23% Feb 22 12.50 Co American Meter 200 \9% 9 —— Laundry ft 22% 22% 12% inc Rubber American American Canadian 28 Va Mar 27% conv American Associate Petrolina Co Marconi Canadian 25% (R I) t% Filter American Oil Homestead Canadian America— American Amurex Canadian % Mar 41% pfd.—If American Beverage common — —1 American Mar 4 25% 6% Oil 10 % Mar Feb 8% Feb 200 Petroleums Ltd 14 Jan 3% 6.300 41% Industries common American 10 1 preferredGoods Manufacturing Aluminum 9% Shares 20 ft 5% Jan 3% Feb stock—1 30 •3.75 cumulative Ambrook Industries preference 300 Southern 11% • common 7,100 13% (Mich) common of Co Ltd 5% 4 % Paper Coro Aluminum Co (or Week • 4% 10 preferred Allied Internat'l Investing cap Aluminum 6%% Ltd 3% Allied Control Co Inc Allied Products Cement Jan Co 5% Alloa A Fisher common Allied Bread 4% Allied Artists Pictures Corp. convertible Canada Sales Range of Prices Low Campbell Chilbougamau Mines Ltd.—1 4% 10a Co Week's Last Sale Price Far riiyt 4%. Jan 3% Mar 300 Canada Alleghany Corp warrants— Allegheny Airlines Inc bVt% Jan. 1 Range Since Low High 3% 25"% Jan Engineering American 3% Friday MARCH 29 STOCKS American Stoek Kyihiift V— Algemene Kunataljde N Amer dep rets Ame* All Shares Low 1 Inc. Airlines WEEK ENDED (or Week •f Frioea Sale Frlea Ikmr*— itosk tort*"** Alaiki RANGE FOR Sales Monday, April 1, 1957 . Mar •7 — —25 41 % 40% 41% 850 1 Iron Corp. 24 % 24% 25 500 nr»f«rred series B 36% Jan % Feb 24 Feb 31% Jan Feb 177% Feb Mar 162% Jan 174% preferred series A — 159 159 25 159 x42 Number 5625 Volume 185 .. The Commercial and Financial Chronicle . (1543) AMERICAN STOCK EXCHANGE Friday STOCKS American nasi Sale Price Exchange siock Par Eastern Associates— shares of beneficial FOR WEEK ENDED oi Prices Edo Corporation Low Low I Electric Limited Mines Bond DVs? 8' a 1.200 28%* 28% 12,700 5 common Va 7 V4 300; 1 ; 3hare & 8 Va 1 2 8"! a Exchange Sale Price Par High Jan 30 V2 Jan Jan International A A Feb 26 Va Intex Jan 9 Jan Iowa Co 15,800 43% 7 Vb 7% uoO 67/b Jan 5 5 3.90% Electrographic Electronics | f Corp Corp 1 1 Empire America 5% Electric District Millwork Empire pfd—100 1 10c 1 Corp {• | Equity Corp common $2 convertible preferred | Erie Forge & Steel Corp com 6% 1st cum i Ero I 3 Pipe Line common 12 V4 Jan Ironrite 27/a Feb 3% Jan 300 7% 6% 25c 30 illl'ir 15/2 16 102 3.9U0 4% Jan 6Va 3,100 9% Mar 11% Jan 2% 2,300 2% Jan 3 Va Feb 4 Jan Jan 2,900 7% Jan 8% Jan Jupiter Oils 1,000 10 V4 Jan 11% 7% Jan Kaiser Industries 300 6%'.? 6'a 6%' V 714 13 j vloVa 14 6% Mar ,7oo 5 Feb % 34,600 1 12 50 Jan 1 16% Jan Glass Kaltman Jan Kansas Katz Factor * (Max) "alrrhlld ; Uranium Mines Faraday !•' rargo ) Financial •1 Fire i Oils Sterling Fishman Flying Gas Ltd class Motor 8 '/4 0 22% 1,100 8 Fox Fresnillo f07% 500 11 Feb Feb • % 41:1 1 6% 6% » 7 6 Va 5 Va •>'" Company 1 8 5 ii 8% Co 5 15'/a 15 % A) 4 * £1 Inc Power Co 25 11 id 0 4 ^ 1 # 11,700 1 ii - Jan 112% 120 Builders 7% Corp preferred 8 200 15 *15 Va Jan Corp Stores Jan 9% Gilbert C) (A ■ Jan ,105 Jan Mar Mines —1 • Union Globe Gobel (Adolf) Goldfield Gorham Grand B Mines Great Amer 2V8 Mar 7% 1st Feb 3 16 Jan IOO * 7'A 6 7% A Jan 10% ,11 Va 6,200 5 Va 32 ,52 .. Va 700 .33 1 Va ■" L 95 1% uridoll 5 / Inc 12% Class B Jan 8% f 8% 12% '12% 200 * * Hazeltine Inc Corp 10% po% 20'A 520% 2, u; (W E) & preferred 4% Holt & Henry 25 Va 5ya% pfd Class 2% Inc Consol Gold Corporation Holly Stores Inc Class u. ? 12 ,70% 25 Vi Border's Hormel Horn Mines Macfadden 1,100 16% Jan 1,100 2 Mar 100 700 25% 65 Va 25 4 «% 100 i 9% 2,700 < 20% Mar Feb class Bearing 3 Va Jan Jan 2% Jan 6% Feb iv# IV# 1 Va 4,100 12 Vb 12 Vb 12 «A 3,300 11 11% 400 lO'/a Feb 3% 3,300 3 Va Jan 4 Jan 5% Feb 8% Jan Feb 1 12 . 3% Jan 13 Va Mar Jan Mar 23 Va Mar 22 3% 1/B Jan 13% 12 Vb Mar 12% Jan 15,700 35 4%'if 70 35 2'A Mar 27 2% 3 % Feb Jan Mar 163 4,900 132 Jan < Feb 2 '/a Mar 3 '/a 7% Jan Jan Menasco Jan Jan Jan Jan 77 Feb 56 7 57 400 500 4 4 4% 4% : 33% 1,200 4 1 Va 1% . 19 8% 34 Feb Jan 10% 17% 9 '/a Jan 5 Mar 36% Feb Mar 14 Feb 3 Va Mar Murphy 7% Feb 21% Mar 25 Jan 94 Feb Jan Va- Jan 67 Jan 18 Va Mar 10 16% Mar A. 6 Jan Jan 4%; 5 1,400 4 Va Jan 12 2,300 10% Jan 5,800 2% Feb 2% Jan Feb 26% Jan 2% Jan 24 2 40,400 1 % 4 100 3% 400 24,600 19% 17%/ 20% 17,400 19% 19% 19% 700 98 98 47Va 47% 122 Feb 4% Mar Jan 20% Mar 16% Feb 21 Va Mar Jan 19 Jan DO 57 Jan 60 Va 107 Mar 117 Va 5,700 98 48% 23% Feb 29' 10 29 96% Jan 100 1,200 122 121 r 1,500 200 47b • 46Va Mar 110 Feb Jan Corpoiation Murray Ohio Mfg Co.— Muskegon Piston Ring common Muter Company Nachman Jan Namm-Loeser's 128 Jan 5 Va Mar 4% Jan Feb 10% Jan Milling North International Clear Metal fonrnoteh America 11% Feb 15 Va Mar National Brewing 900 20 Va Feb 24 Jan National Casket Company 17.500 6.300 52% Mar 59 % Jan National Research 11% 10<) 11 % Mar 12% Mar National Rubber ' 6 — ,hn Jan 6% (Mich) Machinery 88% 150 82 JA Jan 94'A Mar National Starch 17%; 17% 1,60) 15 Vb Jan 18 Mar National Steel 2%. 2% 100 2 V» Jan Jan National Telefilm ?x99% 2.000 99% Mar National 37. 8% 97 8%; 8% 90 8% Feb 9V» Jan • II I II II 39% Feb 41V, Feb National Union Neptune 1,600 Feb 2% • A 10 700 9% Feb Jan Jan 14% Jan 1 '/a Mar Feb 16 74% Mar 16% Mar 1% Jan Jan 17 46% Mar 60% 26 Va Mar 30 Jan Mar 9% 1,400 7% 1,175 9 Va Feb 1 Feb 1JA 4% Feb 5% 1 200 4% 5 1,400 10% Jan 9% Mar Feb 15 Jan 400 Jkn 14 Vb 14 Va 14 300 17 Mar Feb 32 Jan 32 15% 15V« Feb 28 15% Jan 33 Va Jan 13% Feb 15% Jan 4 6% 7'/b 400 Jan 6V1 Feb 14 Feb 34 Mar Jan 4 7 Va Mar Jan 15 44% Jan 36 35'/a 36 Va 35 34 35 1.100 30% Jan 35 36 36% 1,500 33 *A Jan 37% Mar ~6% 6 Vb 10,100 Jan 7V4 Jan Mar 13 Va Jan 13% Feb 16 Va 35 Mar 57% Jan 13% Feb 16 V» Jan 2,700 20 Va Mar 23% 17 Feb 20% Jan 5f Mar 5,800 6 1,200 12 12 Va 14% 16 38'A 37 Va 40% 9,300 14% 14% 100 20% 20% 21% 18 17% 18 23,600 4% Mar 7% Mar 1% 2,800 2 1% Feb 3,900 9% Jan 10 8 14% 600 8'A VZ 10'A 13% 14 8% 3,300 13 Mar 8 Va Mar 12 % Mar 28% 7% 19 Va 28% 50 8% 1,600 19% 19 Mar 1,800 6% 12 16 700 5»A 500 Jan 26 Feb 7 18V» Feb Jan Jan 9% Jan 2 Jan 10% Mar 17 Va Jan 9% Jan Feb 14 28% Jan 8% Mar 20% Jan 5V» Jan 34 34 75 32% Mar 34% Jan 16% . 17 200 16% Mar 21% Jan 100 100'A Mar 5 5'A VB 100>A 102 13'/b 3,000 IV# 1 Va 4,200 20% 21% 5,600 86 13 'A 86 'A 10 13 IV# 21 Va 94 92 30 5' 160 Jan Jan 1% Feb 20% Mar 25 Jan 85 Va 90 Jan 92 Jan Mar Jan 150% Jan 200 124% 124% Feb 2% 18 % Feb 17 Mar 50 122% Jan U % 5,400 A Feb 27% 28 Vb 2,300 22 Va Jan 27% 27% 28 400 10 VA 10 10% 700 35 Va 34% 35% 400 2 Va 2 Va 600 Mar 13% Jan 1 41 Va 18 104 12% Mar 87 157 Va 158% 14 3% 4 Meter Vocrie Le Mur Products Car VB 4 200 1,300 26 V8 Mar 9% 32 Va 2 Va Jan Feb Feb 95 Jan 88 Jan 158% 44 Jan Jan 2% Feb Jan 19 125% Mar 1% Jan 28 V4 Mar Feb 29 10% Jan 35% Mar Jan 3 13% Mar Feb 3 14% Jan 4% Mar 1 5 9% 5,800 8% 4 2,900 3% Mar 4Vi Jan 2% 2% Jan 2% 2% Electric Corp common Co common 2% —10c --1 —30c 5 1 400 Jan Jan 18 Ve Mar '* 21 21 300 12 VA 12 Va 100 4]'# 16,900 - 19% Feb 12 Va Mar Jan 21 23% Jan 13% Jan 5 V4 Mar 3 Va Jan 10 10 10 1,300 9% Jan 11 21 Va 21 22 2,300 17 Va Jan 22% Mar 27% 27% 400 32 8,100 4 4% • common—I Jan 8% 3% 27% Ltd Associates 11% 9% 4 — Transit common 99 250 32 Feb 88% - 1 Corp 2'A 1 Industries naee 512 Mar Co 5 !;f 5 .1 Weld Machines 1 National Mfg & Stores common —1 National Petroleum Ltd 25c National Presto Industries Inc—— 54% 11%: 29'A 70 10 Va Electric 17% 5 Inc Machinery 3ee common. 1 Mfg/'Co A — Hess 50c Enterprises Inc P^w^riot Co Bellas 10,700 Imperial Tob of Gt Brit & Ireland__£l Indianapolis Pwr & Light 4% pfd—ICO Co nf Dehydrating Alfalfa National National ir,«'a 53% 9,200 Jan Mar — 13%? 54 50'A 14% " Inc.. 20-%r. 20% Imperial Oil (Canada) capital stock—• Imperial Tobacco of Canada 5 200 1 50c Corp 14% 5,v 1 5 2.50 .10 common 20% 5,; 16% Jan 6% 40 9% N Feb 50 V2 I international common 5 £1 1,600 Jan Feb 5 Jan National Hardware Co Muskogee 2.50 Imperial Chemical Industries— Amer dep rets ord reg 175 V/a 5 Abrasive——— Mid-West Mar 9% 4%7 5 Jan Mar 110 58 % 109 % -! M'a 5 Va 12 11 17% . 16 Va 6Vb Mar 29% Jan 2U Feb 9V« • shares 20% Mar Jan Feb Feb 53% 1,250 2,900 ... 9% Products— dividend non cum 31'A Mar 9% 30 Va Feb 25% 6'A 38% 1 —1 common——1 preferred—♦ Feb Feb 29 % conv Jan Jan 34% 13%. 20% $2 $1 12 Jan Jan 5% 8% 107% Vb 3% Mar ■ 9*/a 5 26% 4 Va 2% Felx/ 15 Va 28% 200 Jan 17'A Mar 55 Jan 10'A 1 50c Midwest Piping Co ——————5 Miller Wohl Co common 50c 4Vi% convertible preferred 50 Mining Corp of Canada * Minnesota Pwr & Light 5% pfd—.100 Missouri Public Service, common • Molybdenite Corp (Can) Ltd— .1 Molybdenum Ccip — 1 Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumul preferred series B„100 4.50% preferred series C 100 Montgomery. Ward & Co class A • Moody Investors participation pfd—* Mt Clemens Metal Products— 1 6% cumulative preferred —4 Mount Vernon Mills Inc .2.50 Mountain States Tel & Tel.-,— 100 Muntz TV Inc 1 400 109 % 4 VA 2A ~9% —1 Petroleum Steel 4,800 i Jan 15,700 29 1 Corp Hone States Middle Midland Jan Jan 29 Micromatic 2% Mar % Mar...;. 1,500 Co 58% 11%' 20 Va Sugar Feb 4% : Jan 130 2% 49% 49% 1 Co 1 2.50 common.-— 1 ———,—10 preferred 6 % Jan 6.200 4 14% 38 2,300 46 % 16% 1 ——1 Co Corp Michigan 2 5 7a 1% 6 100 "I 5 * Corp— common— Ltd Thermit & 55% 5%. 25% % 26% Jan 5% IVb Textile Corp common——..25c Oil Corp 5 2 5 Jan Feb 16% "IVa * _1 — Midland 13 25 v4 8% 6 Chemical Corp Michigan Plating & Stamping Michigan Steel Tube— Feb 2% Feb 29% ' £1 i Jan 12% 2 Va 7 V» ' 15 Va Mar 27% Mar 38 38 Va 5 85 4 50 9 Va Feb 10,800 8 • Co Co 39% Jan 2% Co Metal 700 Va 4 10% 4'A Jl Jan 15% 9 Jan 16 Vb 1 105 1 1,400 17%: 18 x14Vb 10 V. 2% 2.50 Co.. & Feb 62 5% Jan 100 Marine Co.. Refrigerating Iron 3% Mar 3.400 8% . 200 10% 15% 10c —50c Mfg Peroleums 15%1 • Manufacturing Co Securities Johnson Mesabi 86 Va * Co common Mead Merrill 100 i 22 28% 45 27# 30c Ltd Co Jan 100 ' Jan —1 Bi Co Jan 4'% 2,300 ' 5 32%- 34 22 15 Baking Hardart 3'A 36 3% Feb 14 Va 15% 1 Co Aircraft Merchants 600 3% Jan 5% 100 45 ——— Rubber & G) (A 12% 1,100 —10 Co McDonnell McKee 10 2Va (The Communication Jan 1,100 2% * Feb 6% 800 5% 1 Inc Massey-Harris-Ferguson Ltd Mays (J W) Inc common Feb 13% % Jan 6y8 Jan 15 7% —10 warrants Tire Feb 35% 2 7% 5 International 9% 39 % a %- 5 5% 20% Mar 11% 10c Service Public 6 12-% 50 7 h Jan 10% 1 Mangel Stores common Jan 1% 38% • Jan 4 Jan 27 Jan 2,400 1 preferred Maine Michigan 5 Vt 28 Vi 25c Inc Jan Metal 4 Va 5% 5 3 Inc Jan 79% Marconi 75 :,80 27 17 Va 5 20% 15 25c Inc.. 10 '• Mansfield 127 79 5% 4% 5 Ltd Magna Mamschewitz 18'/a • • 4% _50c G) I— 100 1 6 Sporting Goods.— Oil Corporation— Mages Jan 310 70,500 3% (R r—- 20% 10 university— Jan Jan 149Va 10c Co. " ' ■ — . M Jan 10 • Hydrometals Inc Hygrade Food Products For Feb 2Va 1 common Inc 9% 225 1,000 • A & Co Hardart International 2% 4% Mar _i Inc Publications Truck 11% Jan 5,100 4,100 preferred 100 (Harvey) Inc common __5 Humble OH & Refining capital stock-• Insurance 5,900 1,100 10,900 ' 2 Jan 8 2% 10% ?10% 5% Industrial 5 74 Chain 7% Mar ,161 Va 10% Hubbell Industrial 2% 4% 1 2% Mar 8,000 , • Hurd Lock & 3 2% 4% Corp Mack • & Hydro-Electric 2% 2% 5 Lynch Feb 1 5 5 common Lta (Geo A) & 2% 20c 1 Jan Jan 7 Va 60c 1 . Inc & Horn Jan Feb 19% Mar Delaware Jan 7% 2'A -i 8% Mar-." 10% I 25c B Ball Hoover 18% 14 Va Feb 1 Jan Jan 6% 1 _1 Inc Hollinger Co Feb Jan 5' 6 Vb 9% 7'« 2.50 Co Feb Jan Jan 2'a loc Co_. Industries Oil 28 Va 21 Va Mar Jan 15 V» 1 10 / 13% 1 5 Products Holly Home 24% Mar 17'A 33'Ac Jan 14 V4 2 -1 A Holophane Jan 12 5 (The) Co Longines-Wittnauer Watch Co Louisiana Land & Exploration Lunkenheimer (The) Co I 32 Va 100 — Higbie Mfg Co common Hoe (R) Co Inc common Hofmann 23 Va 300 Shipley Jan 100 Co common Electric Hevl-Duty 3 V# 98 Va 700 • Steel & Feb 8% 9% • common Co Galion nercules Jan 15 Feb 13% Common Lodge 10% 200 :i 2%; 70 25c Rubenstein Helena Feb Feb 2 Vb Groceterias second pref——.—• 12% 130% 130% 2 1 lCc 10c -* Co Mining Co Hegla Heller 12 Va 95 19 Corp— of Industries 29% Feb 13,900 2% —25 1 Inc Hathaway Bakeries Inc Havana Lithographing Co Hazel Bishop Jan 2 A Mar 10c Ltd Refineries 800 11%. 130% 2 1 1 10 Company Corp Investors Mfg 5 Feb 1U Feb 16 75 pesos Mines Realty 200 3214 11 Va I — Co Organ riabtiug8 4Va Jan 13% ■, 97% x4% Mar —1 —. Harnlschfeger Corp Hartford Electric Light Harvard Mar 3 IVb A 1 common Locke Industries— & Plywood Harbor Feb; Jan 9 Va Mar 18 Va 5 Sessions Jan 15 H Hammond 1,200 A Extension Mar 1% S cumulative 38 Vb 1,600 30 Va 2% 5% Jan 18 5 % 9c preferred Gypsum Lime & Alabastine f 16 Va. 22'A __7.50 Petroleums Loblaw 92%. Jan %, - Jan Feb 50c Leases „ Lamp 6% 16'A Liberty Fabrics of N Y— Jan 53Va Mar - Jan 160 — $4.50 Hall 13% . 18% Corp.. Tourneau 12% 8% 160 Company Land Le Jan IV4 * 100 stock Chemical Co & Freehold States 2% 5 Co & Leonard Litton 275 11% 10c Grocery Stores Products common Guild Films Company Inc Geulf 13 1,400 Co Ltd— Corp Industries Inc Jan *1 tSSVa 5 • 1 common Oil Grlesedieck <200 2% 23 U Inc Corp La SaJle 19 7,200 ',1 •>,/.! a 95 5 Hydraulics Greer 5,200 2 Va 13% 5 Stores Foundry Lear Jan 13% Mar Jan 20% 4 Co_ preferred Great Lakes 13% Jan 2.50 Rubber Shores Lefcourt Feb Great Atlantic & Pacific Tea— Non-voting 77,400 22 Co— B) Consolidada Lanston r Feb 2% Feb 50 Varnish Industries Jan 39% 1 Manufacturing Co Manufacturing common Rapids 2 16% 1 Inc Manufacturing Gray 1,200 5% 800 * Consolidated Goodman 2% 10% 1 Inc Co 100 Feb 1.100 10 & Co class 2 Va - 5 j'17% • Corp Distillers Glenmore 100 2ia 100 Stores Lamson- Jan Mar 6' • Co McBean Alden Glen 4% Vtf 24 ; & Petroleum Hotels Lake • Feb 17 1 common Gilchrist 100 31 105 • 3% 10% • Gladding V 5 Va 2 Va 49 25c Gold ■400 7 »/4 50a 20 common preferred $5 Yellowknife Giant Va 2 24 L'Aiglon La Jan 16% Feb 17 preferred $4.60 4 25c Dept (I Liberal Corporation Power 5 % .' — 5 Transistor Corp Georgia 2% £1 preferred convertible 5% (General 2 Va Mar 70 Laclede-Christy Company Apparel Inc Feb . Enterprises Plywood Va 5 2% com__l 25 Ltd— Co dep rets ord reg General Fireproofing common General 19,300 2j,7u0 98 Kropp (The) Forge Co Krueger Brewing Co 6% Mar 5,000 8%. ; 5 Va * Supply Electric General 2% 10% 413 Mar Jan 6V4 Mar 28 5»/a warrants American ■'I (S) Knott Jan Mar 3% 11,300 — —1 Corp convertible General Indus Va % % % 98 Co Minerals Kobacker Feb 4Va 6,700 6 V4. 100 General Acceptance General Alloys Co 5 % ; Klein Mar 10 104J/a Mar • common Mfg Co common General 2 2 1,100 1 Company Products. Lamson preferred General Jan ■ " ■ Jan 5% 50c (Del) VenSyn Lakey 5% 5Va 17,800 12 Va pfd__100 Oil Kleinert c Oellman 100 9% __4 ; 4%% Inc Kukland Mar 109 106 1.25 Inc Sales Beer (The) (Geo 5% 8% Mar 78 Ltd— Co Industries Luxe De 107% !:• '.V*# ■ Kirby 12% Mar Feb Co (Walter) Kingston Feb Jan Feb 21V4 2,400 8% %. . dep rets ord reg Pitt Gatlneau / J. 22% • * j 7Va Chemical Kln-Ai-k 4% Mar 45 41% Mar 10% 8% voting !'■ i 60,700 22% B Fuller t 10'/8'.^12% Kidde Mar 7Va 6Va Mar 700 1 • Amer ? 12;,/4 5% 9 1 Company Kennedy's Jan 3 A Mar 3 % Jan 400 6%. "42% 8V4 Mar 22% 2 69,500 ;>'"4% 1 A non-voting Ford ' 4 41 Va V Electric & Drug Kawneer Feb 16% Mar 1,900 Canada— of A Fort * V2 7Va 2,300 75.900 1 Inc Line 7%Vx8 Va "17 2{i V2|r 16>4 6'a'fi 2.50 Co Inc Class i 4=8 42 10 Claw v 213 1 10c Corp Stores Motor 16% —1 Inc Tiger F0M Ltd 7% 1 (Phila) (M Hi Fitzsimmons ? i 1 Ltd General Associatidn Firth c & 11% 5% 15c Corp & Company (D) Kaweckl j, \ class A Instrument Co & Camera common Ltd " F 11% Jan K 7.V4 Mar -j Feb Feb • c Feb Feb 40 75 1 Co^ 42% 7% .^ll'.H 500 2 Vb Mar 1 Jeannette 7%v 11 t v 12 Va Mar Feb 9,300 Manufacturing Inc Oil Corp ___10c Israel-Mediterranean Petrol Corp Inc.lc Feb 9V2 Fireman Jan 5VB 2'A 2% Israel-American Feb Jan 95 1.400 3% % 13 Va Mar 900 102 11 40 Va .'Ml 41 15% 8% IOVs pfd__100 Irving Air Chute.. 3 Va 10 or Feb 97/a Mar 7,100 517 - 13%.'14% 1 $1 17'/4 2,900 '/«.>. 3% 3 98 11*a 1 Ltd Corporation Eureka i 14 102 11',a Co Manufacturing Eureka »A 10 Esquire Inc I 11% 10c preferred Feb 10% £11% 17 17 r5c 20c common of El-Tronlcs Inc __L Emery Air Freight Corp - 54-/8 Mar 9% . — Iron High Jan 7% 1 Co Low 54 VB 10% Royalty Public Service Range Since Jan. 1 High 52% 33V3C - Shares 52% 10c Company Investors Jan 29% Mar Jan Oil Resistance for Week Low International Petroleum capital stock-* International Products 5 24 Va Sales Range Last Slock Jan 19 Week's of Prices Friday Airieiican Range Since Jan. I 24 class A J!) STOCKS Shares —30 I MARCH for Week lnt__l preferred Elder RANGE Sales Range Sugar Common $2 Week's 22% 23 26 23 27 27>A Mar Mar 32 Va Jan A Mar 3l2 Mar 1,300 22 Mar 26% 100 26 Mar 27Vb Mar 9% Jan Jan 8 8 % 3,600 7% Jan 5% 5% 5% 4,0 0 3% Jan 5% Mar 2% 2% 2% 7,500 2V4 FeD 2% 8 Vb 29 — 28% 4% 29 4% 400 100 Jan Feb 32 Jan 4% Mar 5 Jan 28 33 36 The Commercial and Financial Chronicle (1544) Monday, April 1, 1957 ... AMERICAN STOCK EXCHANCE Week's Friday Last stocks New British Dominion Oil Ltd New Chamberlain 1 40c 50c Bristol Oils Ltd New Petroleum New England Tel & Tel New Haven Clock & Watch 50c convertible Idria 100 . Co—-—— 1 New Pacific Coal Ltd New Park 1351a Auction Co New York & Honduras New York Co Nipissing lit 417 k 40'4 417« 15-ii 15 15% —-—1 common Mines Lites Rosario ,.-10 American Royalties RR Northspan 1314 Jan 047k 0414 651a 100 55% Jan 78 Feb 11 11 100 10 Mr Jan 11 4 45,900 37 k 97k 10'la 5 1014 10% 1 5% 57k 5 9% 200 41 Mar 1,400 5 5ft 8 '/« 7514 7% Mar : 7,000 ft 7514 91 77% 91% 68,000 5ft Jan «A 214 214 2»/4 4,100 2 17a 2'/» 49,800 Nuclear Corp of America——to* Class A. * —— 9% 7 ft , % 8% 8 7k 3,300 19% 19% 19% -3,400 40,200 *2,1 1% 10% Products Corp Ohio Brass Okalta 47k % Old 25 common—to—— ——1 cumulative 2% 5,400 Jan 50 977k 60 88 — Jan 2ft 2 !i! 3,300 2ft 767k 80'J 1,475 71% 37 k 400 2},V 3 - 3 101 Jan Jan 3% 4% 7V 100 12 12 25 12 Mar 14 85 86 7k 650 80 Feb 92 25% 25% 25% 700 24 37/« 100 Overseas _ 4% 1 _ Securities ,___1 Oxford Electric Corp 1 V 3 — 4 % 47V Mar 57« Jan 37k 26 4 4Vb Pacific Gas & Electric 6% 1st pfd 25 1st preferred—-———25 5%% 1st 5% prefeired 5% redeemable redeemable 1st preferred 4.50% . redeemable 1st preferred- redeemable 1st preferred- $4.50 preferred preferred $4.75 dividend preferred 64.75 conv div pfd_. $4.36 dividend preferred— Pacific Northern Petroleums Oil Paramount Park Parker Pen Co (C A) Penn - Pep Boys 22% Jan Jan 25 22% 22 % 22% 300 21% Jan 23 % 94% 9i% 95 130 86% Jan 93 90% 90 84 Jan 91% Jan * 97 97 106 106 22 96% 29 Jan 33 107v Jan 96% ]h 3% 2 1574 157 V Ltd— 2 1 8>b l Co_. ,_10 pesos • _l" common 1 — common- of Royalties Metals Public 11 107 V 117 k 1 1ft* 50 92 — 1 17k 1ft 927V ft 67 b 77 V 77V •ft 77k 500 17 V47 k* 3% 4 - m ft 1,800 1% 1,700 - 4:% Mar 237V 400 8% 500 8 100 57 * Ltd , Mfg of America Co •70%, ,4% 4ft 55 55 ft 27,800 ft 8% 8% 4%% cumulative preferred Puget Sound Pulp <fc Timber • 50 500 i.T 1 , - 17% 1 Inc_ 2,600 : :t7% 10c —i of Colorado— Pyle-National Co **ft * Gas Service ,„l 2.50 common— 14% 8% - 23% Jan 22% Jan". 8% Feb ' 10,600 4: Mar 51% ' Feb 16% •* % 6% Feb Jan 5% 55 '• ' Jan 7; % Jan 9% Mar 200 14% Jan •16% Jan 9% 1,100 9% Jan 9% 85% Jan 93% Feb 16 Jan 17% Jan 9% 91 92 16% 16% 16% 100 3 ft 5 167 V- v 16% / • Electrotype (The) Co 1 Packing Co common —ItRaymond Concrete file cammon-; Reading Tube Corp common Reis 500 16% 300 •• 16% Jan 18 Jan Reiter-Foster Reliance Remington Richwell Oil Grande 47% Inc to Jan Field 3,900 38% Feb 10% 1,000 x9% Feb 13% Jan 19% 100 19% Mar 21% Jan 500 21% Mar 24 Jan - HV4 1,500 1% it! 41 14% % 12,100 42% - 300 Co-, 4 %' 41% 3 1965- pfd F_. ; 27s 10,400 17 b 2,100 1% %' 47'h 3,500 4% Mar 42% 1,300 38% Mar 4 40% 2% 497v Inc—— Co Pipe Line.- Corp Jan Feb Jan 1% Jan 42% Mar 15% Mar 72 Feb 2% Mar 5% 45 Jan Mar-. 4,100 27'b Jan 3 Jan 210 80% Jan 87 Feb 2% 1,400 26% 26 % 12 % 11 12-% 40% 40% 40% 25 2 Feb Oil 21a Jan 25% 300 26 Mar 10 Mar 500 39 300 20% 17 3% 4 1,600 3 3 3>4 1,000 2% 37% 4,600 37 •„ 34% JRyan Consolidated Petroleum-.— x4% 17% 3,800 37, x4% 4% 2,500 4% common Jan 267k Inc Shares 200 6 7k common- •, 9,300 57k 24 24 ■ 32 35,300 ft jan ""kk'Mar 17a Jan Jan 17k 17k 8,700 537k 2,400 117'B 11% u 7k 36% 36 7k 36% 400 15 15 157k 1,500 13% 177k 177k 2,200 * 167k Jan 177k Mar " * *, 107v Jan 55 Feb 127 v Feb 357k Jan 387k Jan Feb 167k Feb 1 Feb 52 ' " 3.000 " 'o75 • 5% 5 ; Jan : 67b. Feb 87k Mar ' 5ft Mar • 77k 7%' 4% 57k ' 4U 1,000 5 ft 7% ■; 47v Mar 37k 1,000 " ' 27,700* * ..: 57k- 4% 5% 62% 57k ..' Feb 57v 250 . Feb 47k- Jan 14.2001! 657v. x64 x64 %• Jan 74'< • - Jan> • Jan^ f 67k" 600: , 116 B Class 137k 14* 137k 14 700 13 7k :• 13% Mar 100 13 > -1 * Jan 13% . 37V v 3 10,900 - , 200 25"% 257k 36 36 '38'V 17% 17%', '137k v 1,100 3% *• 7,000 26 ■ •'(•274-jan • ' ' 3 Feb ' >2V* Jan ? < : f :37k: Feb v -; 257k Mar . ; 5,800 2% Feb 2974 317 k jan: ■ 387af Mar * Jan 17 7k 7 4 • Feb 13% 137k 3% -1 3 11 11 50 " - 3.7k Feb 7k Mar ' Jan *3 1,400 200.. 67 k: 7.500, 57k 2% ; 14,400 - • 57k • . 27k • t 597k jan 67k Jan - 2% 3%. jan ~'47k «Jan . 56 7k 58% Jan- v, . ,-v13 Feb.*. ? •14f.r»4 --Jan w v/. Jan 117k ; 300- . .. " 3% x58- jan 147/2 ...f, - Feb 107k - 207V • 13% Mar —3 100 . 127 v, 12 tv 127v 13v 5t 47k 27k Mar r'v Jan v Jan Inc. common Oil Co.,. 1. Light $4.56 pfd_ Calgary Power & Shovel Co Tllo Roofing Inc — Realty & Construction,; Security Trust Co Ltd— Tishman 87v Jan Feb 27k Jan ft Feb 1ft Jan : ■1 •% 98 7i43 2 7k* 4,800: . 15% 14% 307k 27k Feb 9 Jan 29% Jan Jan 13% Mar 157« Mar Jan Jan 4a4 600 16% 32 4 Feb Jan 26 Mar 20% .Jan Mar 4 % Jan Feb 3% Jan Feb Jan 4% Mar 37~% Mar 4% Feb 5% Jan 30% Mar 21% Feb 6ft Feb 6 1% 3,500 t Jan 1% ' . • - deposit rets ord registered—£1 Amer deposit rets def registered—5s * Todd Shipyard Corp comm.on„_ 20 Toklan Oil Corp —L—— -70c • Toledo Edison 4V*% preferred .-100 r Tonopah Mining of Nevada— 1 Trans Caribbean Airways class A.;—10cV Industries Cont Trans Oil Cuba Empire Trans Lux True Temper 4 7k 47k 897k 89'v 907k 4.800 ♦ 2% 27k 1.25 1 r 3% 2% 27v 2% . : 2% ..- 400 2 — 57 k 149.300 36 36 37a 2,400 157 k —* 107k ; Jan Jan "4% Feb - Jan 37« . Jan 27 v Mar 5% Mar Jan 11 Jan 157k Mar 35% Feb 387k Feb 297k 300 * Inc 21s :*: Jan Mar 2 % 65,800 5% 13% Feb Jan Mar 91 Jan 2 7v Mar 11,100 5 7k warrants '■ 2% Mar 87k 14% Corp—— 85 v 800 r> ft. Feb 5% 37k Mar 175 ,2 7 v 10 5"; 92Jan Feb 79 700 9% 3% to : 500 , 2% ~97k 37k Corp Tri-Contlnental 4% —;—50c class A Co 200 92 90 917 k ——1 Inc.- Oils Ltd— 1% 17k Mar 97k 217v Amer Feb 307v Jan u Jan 12% 44 % v: 3 . Feb 197k "Jan 700 Tobacco Trans Jan v. 47% Feb . 200 r.. 15% 237k Jan 1,500 97k •; 20% • 30 407k jl.900 Feb 45% 387k Mar 5,800 : .. 99 v Jan 95 25 27k ; . 9 20% 1 1 " 1% 437v 9% Jan Jan y 307v Mar , 67b Mar 42 27k - Feb 1,500 27,500 38% 25c« Markets Inc—-v 3,700 437k Inc_—to-——10c .—1® 287k 10.500 39 7k 70c convertible preferred Thorofare 7k * 14k: 137k Feb ; 11% Feb 27 k 'J, 98% ——1 Corp. Thompson-Starett Co 2 127k i,400 6% 67k 27 k 5 : common*.-— Chemical 67k 1 25c li r 30 1 — Corporation—— ' 400 13 7v 29 —7 Electric Co common- Tampa 13 13 5 A common Unexcelled Chemical Union Gas Union Investment Union Stock United Co of Corp____ Canada— of Yards 57k * "767k 57k- - 757k 1.400 0V2 1,100 77 . 100 22% 227k ; g common—50c 97v 4,200 57k 6% 6.200 5% Mar 1% 19,100 « Feb • United Asbestos United Cuban "United Elastic "United Milk Corp Oil Inc—I—— Corp Products- 6 —-1 10c . *Y common.—_„to5 - ft 1 v. 35% 1-. 3o1 k 47v - - 35-7 47+ -500 750 1 30* - 47k Jan 35% Mar Feb feb4"- Jan 7% Mar 1% Mar . Jan 6% Mar 22 6 Jan 247v Feb 57 k Mar 77 ,-Jan 5% Jan 7- 57k Mar 66 87v Omaha—.—,.—20 Products Aircraft —5 4 Co v- ~ 5_ common.- ; ... v 14TV' Jan/V '""16% jan Jan * Mat-a 7 • * 67k . . ' 1 Corp——•_ v ft Mar 17k ; Feb 6 217k 52 7k 1% 52 % • Corp—1 —. Feb 247k ,, Feb 1 to- 674 Mar Jan Feb x24 Jan Superior Portlands Cement- Inc^—__—* Inc class Jan 57k 100 57k 587v Talon Jan ;y'474 187k (S) & CO common- Oil 67k Jan 500 Corporation —-—i—1 Ray Drug common-.-.—to—25c Sunrise' Supermarkets Corp„_ —I.. Finch Jan Feb 37k 5,200 Stylori Swan 17k 57k 57k 5 Stein (A) & Co coramon^—--r* Sterling Aluminum Products common.5' t Sterling Brewers Inc 1 Sterling Inc —-—-1 Sterling Precision Corp (Del -10c > Stetson (J B> common—: * Stinncs (Hugoh Corp.— ——5 Stop As: Slop lncx_ 1 Superior Tool & Die Co 1 % Mar . 187r Corporation————!,: Petrol Jan Jan 374 Jan Jan 57k Ltd--—;—1; Parts 75 Mar ' — .. International Jan Jan 18% ot Canada ordinary—___— Sunset 5% 137k * - 5 % ——1 1 — Mines Jan 18% 1 j 1 (The1) Corp 500 47a Jan 237v 13% 65 300 6 7k 32 to- Tube class B Uranium 6% 24 -10 1 -10 — "I 7b 4% 24 7k 1 (Ky)_— Co 300 6 ~17k Jan Mar l7v 4% 41 Jan 4 12 100 66 • Mar Jan Feb 400 800 9 7k 65 -Vtoft-': Feb 44% Mar Jan 7k 7k 47V 13 "2 97 k 5Qc 15% Feb '' 17 ' Jan Mar 52 87k 47k i Inc Co Trunz Feb 3,500 ~3 to 397v 1 Forgings Corp — Gas & Elec rights w Trans 3 84 2% Feb Feb 217b 1,700 12 7k _1 20 ——— Industries Products 1' 21% —5 1 * convertible perferred Factors , 'v-V-'"-'" -ft"' 1 5 1 ——-— Co Royalty - Corp—2 2 Petroleum Materials ft*— - C) Company Aeronautical Co. page Jan 27« 15% * see . 82% 84 Ave common- For footnotes Feb 147 H 11% 48% Mar Jan 1% Mar 36 72 (The F Ryerson & Haynes il 1%^ _ Inc Royalite Oil Co Ltd^ Ryan Jan 24 Ltd Roosevelt Raceway Inc Ross (JO) Engineering Corp Fifth Feb 26% 10% Rolls Royce Ltd— American dep rets ord reg Rome Cable Corp common Russell 16 24% Feb 19% Valley Gas Co— Vtc extended Russeks 48 %' 14% Feb 200 10% 1% Rochester Gas «fc Elec 4% Rokeach (I) 80ns Inc Roosevelt 45 2,700 • —to— Petroleums Argentine Mining Ridge way Corp „ Rio 26%. Engineering.. Rico -• 16 26 "u Corp & Arms Co Inc 15% 26% 23% Co Electric Rice-Stix 15% J & 357k 10 2374 Mar Texas 19% convertible preferred (Robert) 2,200 Jan Texas Pump Co 39 52 Jan Thew Rath Jan 21% Thiokol $1.25 38 : - _* Rapid 17 21>V Texam :J. Feb 200 Technicolor Reda -ft; 52 w : com common Quebec Power Co 13% 900 Jan 50 .ft 1674 52 >- Sun Jan Mar 17% Jan 15% 500 Stroock Feb 70% Mar Jan ' 16 — Jan Jail- 14% % 9 Jan J 8% 70% Jan Jan 21% Strcl 6 - Feb 12 97k Mar 22% Stanrock 2 Jan 700 ' 237V Starrett 7% Mar 24% 97k 21% Steel Jan / 9% Jan 227k Standard 6% Mar Jan 67k 23% Standard Jan 57 V Jan 5% 3872 Standard-Thomson Corp Jan 94% Jan 2,600 24% Standard Feb Feb 397b 57 V 42 Packaging Corp Convertible preferred Jan Feb 1% 6 Feb 5 7k 100 Standard Feb 13% 10% Mar 90 % 14 7% 800 Standard 7% M«T Jan Mar'- 4% Mar Feb 200 Standard Jan 6 . Feb 2 150- 17k 5% 23% *8% • common Jan-: 'Jan 6% 40% Standard Jan 2% Mar 23% Jan'. 1% 5% 1.2.50 common •5% 4,400 6% 1% 37k 2,500 257« Standard Mar 197b • 19,900 447k Standard 4% Mar 58% Feb Feb "9 1,100 " 92 Feb - - 5,100 * 7 Jan r 500 300 Jan 5% Mar 21,400 * * Preston East Dome Mines Ltd Progress 77 k '10% 4% 18% ft 5,200 ft 97k* Jan Jan Jan 47« 67B 257k $1.60 Jan 9% " Prentlce-Hall Inc Providence 6 —1 Pratt <te Lambert Co Pressed m ft 9 20c Canada 200 5% 6 ft 15% 53% Mar 25,700 2% ft 3 . . 300 2%: w_25c Porto Rico Telephone Oil 19 7 k 15% 3% Jan 4% 67k ft 40% Specialty Stores Co Inc. Jan Feb Jan 44 7k California Jan 6Vfi 6% 200* lo Polaris Mining Co.— Poloron Products class A Prairie 6% 9 7% 1,700 47k '■ 547 V ;• 6 8% 1,200 7 4% 19 2% 9 IK) ' i 19 _• , Valley Wine Co-iY. Power Corp 87« 54 10c Corp_*ft 14 87 k 67 V 47k 14% 200 87 V 2.50 1 200 15 8% 62% 407k 36 preferred——-——25 Spear & Company—:. Jan Feb Feb Edison— Spencer Shoe Corp—— Stahl-Meyer Inc — : Standard Dredging Corp common Jan Feb 157 k ,147 V 874 4% 36jv 5 7k preferred: 25 preference—.—25 preference——25 cumulative preferred—25 cumulative preferred -25 cumulative preferred 25 Southland Jan Jan 377» Jan convertible Southern Mar Feb Jan convertible Southern Mar Feb 5% 2 . 97 / 12% 1% Jan Jan 57 1 Powdreli & Alexander 8% 54,100 123 Jan 17,600 11 217k 37k common—.—12.50 Co Jan 18% Mar 7k 47k 6 —-1 1-1 1 common- 117k 187V 37 377a ll'/4 18% * —20 31% 11 —1 common Southern 22 % Mar Feb 114 23,000 Minerals Scale 93 150 3% 10% 1 Pittsburgh & Lake Erle_ Pittsburgh Railways Cqj.. Pneumatic 25 •96% 3% Pioneer Gold Mines Ltd-*——— Pleasant Jan 3% 1 Bol —to Governor4 3 Feb 31% * cumulative 4.08% 99% Mar 16% Feb 1% . Pierce Jan 2,100 40,800 1 Co— Aircraft 2% 2% 37v Mar Publications— preferred California 4.32% Jan 22% Jan 157k Corp 4.24% Jan 91 119 .t:. 123 Corp na Philippine Long Dist Tel Phillips Packing Co_ Phillips Screw Co Plasecki 108 Jan 1 class A Ac Jan 84% i (The) Oils 104% 120 11 Manufacturing Co (Mass)—GO Circle Corp 2.50 Peruvian 92% 270 17k % Mar 4.48% Jan 220 2% Pepperell Perfect 98 Jan 4.56% Jan 90% 20 • 10 '% 7k Mar 4.88% Mar 106% 89% ~2% % 2 Bol A) Amer shares Canada Traffic 30!) 24 100 vtc i of 22% 23 l<: Class B Patino 25 23 Jan 47k Mar Feb 3 Jan common original 27,500 Feb Manufacturing 5%, Jan 49 27k Corp common— Jan Jan 487v Jan 107a Oil Jan 26% l ; — Ltd Corp Company Parkersburg-Aet 27% 237k Jan 5,600 22% Feb 46 800 Penn Jan 25% Jan 500 3% Jan 427b 9,900 l 4,300 dep rets ord registered— £1 Electronics & Telev Corp—10c Southern Feb Jan Mar 10,400 Coast " * Motors Chemical 27% 400 247» * — vtc Pantepec Oil (C 500 26% 1 Airlines Panconstal Petroleum Israel 26 % 24 'h ♦ Pacific Power <fc Light 5% pfd_ Page-Hersey Tubes common Pan Jan 2 ii! South Jan 417k . 3VA South Jan 30% 28% 26% 26 % 25 cum Pacific 32% Jan * 1st Lighting Jan 27% 26% 25 pfd series A—25 redeemable 4.36% 30% 200 300 23% 26% 25% Mar 25% Jan preferred 4.30% $4.40 dividend 2,600 32 % 28% 26 % " 1st 5% Pacific 31% 31% 2f> Jan 207k 175Feb 50 13 Airways Inc——————5 Smith (Howard) Paper Mills.— j.* Soss Feb 83,200 % Slick Sonotone 1017v Mar Feb 14Va Pattern Amer Jan 19 3% Ltd Skiatron Mar Jan - 57v Mar 127% 14% Manufacturing Co Singer Manufacturing Co Ltd— Mar Feb '■ feb Feb 5,000 ir Singer Jan — 92 Feb x47k Jan Feb 22% — Shares Simplicity Jan 857V preferred- _ 84 1097v Jan .. 87k Inc..————25c Lighting American Simpson's Jan 7 O'okiep Copper Co Ltd Amer shares_10s Omar Inc 2 47 $3 convertible Jan 200 500 44% Simmons-Boardman 80% Mar Jan Mar 17k 48% Jan 3 11 29 41% 2 »" Jan Jan Jan 19% r Jan 57k . Jan —* * ; 2 *' 127k Feb 92 19% . Jan >', ,.2}v Jan .1074 Feb Feb 77v 400 1S7'b common.——3 Ltd— B % .1773 Jan 97k Mar * Canada 1: lt%- Feb 47k ^_10O — of Jan ' 1,000 46% Sinica 1% / 267k 5 - 3 . Jan 150 88 V* 47'b Feb 3,300 ; Jan- 10;, Vl9% Mar 5, 97k Mar 4,500 87«: 117% 118 2 Class Silvray 647k Feb Feb 95 28'/+ ; Jan Feb :13v 200 107ff» 8 118 25 Signal Oil & Gas Co class A—— Jan 167k 110 62 97 TV 80% '-•'•''b-VV-. f"' 37 k Feb 13 VA 10% Jan 9 137v Mar. ; 300 - Mar.' 17k Jan. " 4,000 5% 2 Silex Co common.——.—1 Silver Creek Precision Corp 10c Silver-Miller Mines Ltd—1 1 27 V Mar 500 14'V 62 97'V 90c — Corp 27V 13% 14 0 ! 1—100 Company common Town 40c common- preferred Ltd Oils Okonite class B Co Ohio Power / 17k 12% _5 —1- Inc common— America of Breweries Sicks 2% Mar 8 3,700 27% ~8% —5 — 1 50c — 1% 5 —• Mining . 16% 12% 20c Inc comipon Denn 3i» iff 3ft" '19 v Jan 16 7k 10c —1 1 class B America—— 7 7k . 300 . Oceanic Oil Company Ogdeu Corp common— 100 300 Leather Jan 217v Mar 20% . 187v feb .: lff Jan ~8% Siboney-Caribbean Petroleum Co—_10c 214 Mar Jan 7% 2""- Shoe 7% Mar 8ft 6% Ltd 7 % 97i 4% preferred Slierwin-Wifiiams 9% Mar 3ft Feb 114 Feb 8% Mines ' Shawinigan Water & Power—— Jan 75,000 1 —to-———-——— 40,400 1ft 77» Sherwin-Williams Jan Jan 86 1ft- 97» Sherman Feb Jan Jan " 1% 9% Servomechanisms Jan 7514 Mar 20 190 20% 14% Corp 197b .Feb to. 127* MarVto 3W ^1 hi Jan ?■: v187k . 3% Shattuck 5% Mar 6% 1S% Mar -?*• 14% Seton Jan 10% Jan 6,500 11,700 L00„>i,v8- 50c Serrick 40% Jain Mar 7,600 39 91 Mar 17% in.—I Airlines. Sentry Safety Control- Mar 11 Jan High Co— Oil Co Ltd-, Western Servo Corp of 10% Mar Feb 37 5/4 '4 7%: 7% —1 50 Uranium Warrants Jan ~5Tk 5 25 pfd—100 Jan Feb Mar 714 io%;. 12% Seeman x40 3714 10 —. 6 3 la 4% 17% 11 Securities Corp Genera!— —— 1 Bros Inc__a-——--v——' ft Jan 800 38 " 3 3 4,900 17,600 Low preferred Scurry-Rainbow 514 Jan Feb Range Since. Jan. 1 " preferred Seaboard Mar 3 A Mar 1,700 314 314 914" 10 VB 27fr Jan 2% 1,900 10 4Va% Serv 3,4 !>'■ 5 • * iff ■ftft i: High —8 5% series—20 4%% series_20 Cumulative preferred 4.40% series_20 Sapphire Petroleums Ltd —1 Savoy Oil Inc (Del)_ ——.——25c Say re & Fisher Brick Co— 1 Scullin Steel Co common—— —1 Jan Jan Diego Gas & Electric Cumulative Feb Jan J Inc— 87% Shares 17% * Milling Co Ltd— Cumulative ll'a Jan Feb 11 Co Pub Ind 27k 1 % Mar 1% ■ Oils Ltd—-— Airlines- Penn 116 Jatt 6,900 1216 3i,t — North Canadian 40,900 2 ' for Week Low to_2.50 Inc Carlos San Jan Jan 16% Mar Feb 8714 3ft Cement class A 114 47% 13% 7,200 * 100 50c -to, 114 Feb 38% Mar 33,900 "ft 1,200 Lgwreuce Corp Ltd common- Salem-Brosius San Jan 2,700 ,10c Corp to. Norfolk Southern Railway— Northeast 17k St ft 'Jan 214 Sales Range Sale Price Exchange F*r 13614 Mar 'V Feb 214 ——_.—_1 Corporation American Feb 1214 -~1 — —— Noreen-Ketay Class. B Jan 1% 214 —1 -10 Ltd Inc_ 131 7k 1,150 1214 *2% ♦ Mines 1,080 Stock Jan 2 A Mar Mar :—* comnton— Merchandise Nickel Rim 2 2,400 1% York 7,000 1% l'/s Superior Oils 2A Feb ' Hi Process 114 Week's of Prices Last STOCKS American Jan U Mar 10,400 "7k" iT« New Northern 134 % % lit 20c Oils & New North 2ft Mining Co—-,.-—1 New North 21« 25c Land- North 2 50c New Jersey Zinc. Mexico & Arizona Noma ■>*<* —1 & Chem Co_. Mln ■;v,, MARCH 2.9 Friday 9,200 Ji * WEEK ENDED FOR High Low 2h 2A 125 RANGE Range Since Jan. 1 Shares High 17k 114 preferred New Norbute Low Far ftftftftVft::ft./ New of Prices Sale Price Exchange Stock American Sales for Week Range 5 5 - Jan . ; Number 5625 Volume 185 The Commercial and Financial Chronicle ... (1545) 37 AMERICAN STOCK EXCHANGE RANGE Week's Last Range for Week Sale Price of Prices STOCKS American Stock Exchange Low Par Amer dep rets United N United Profit J RR registered-—10s ord & American Range Since Jan. 1 Low High Canal ■' ' -4- - AGerman ' AS 1-' Feb 5 Jan 208 Feb 1% Jan 14'A Jan 40% 45% Feb Si's 20 - A 200 10% 25 common —10 preferred United Shoe Machinery —w-: - Preferred —10c U S —i Foil 8 class Rubber B , 35'A 1% 1 '/2 34% 34% : , V Co. 1 1 33% common —50c 4% Vitamin United Corp 540 X3434 Mar 37 7s 12% 2'A 41% Jan 35% 18,700 34% 400 3 %* 3 3.600 4 4.38 209 7% ; Feb 7% 2,600 2'2 12,500 ; , * Jan 2 33% 33 "2 27% 4 Jan 6% Feb 1% Jan '.4% Corp Universal 7% Corp —25o 2% Oil 10 54% 55 14 American Universal 1 16% 17 — Consolidated Universal (The) Corp Universal Products 16% 15 Insurance Universal Co —-A 2 common— 2% ' '■ — X23 23'A 500 Feb 153« Feb 12,800 55% A7s 8 Sugar 4% 4% Jan Jan 25% Rio (issue .5% *136% Range Since Sold Jan. 1 No. Low High 126 __ 155 111% __ 131 Germany— : : ; 6'/2s of May of (Republic de of) 52 52 70 % *53 54 1 ' May-Nov 1947April-Oct 5s 1972—June-Dee 2%s 2008— Mar-Sept A) 59% *71% ,71% 54 *65 *65 v Denmark (Plan Janeiro 1947—: 1927) 1927) Oct Bank stamped *99% 101% *52 y2 55% . 101% 101% 53 53 49% 51% 40 40 — stmpd 1997,. (Plan A) 2s 51 51% Jan-July 51% 40 $39 2012—Jan-July 48 value< a Deferred delivery transaction (not included in year's range), d Ex-interest, a Odd-Jot transaction (not included in year's range), f Ex-liquidating distribution, g Ex-stoC* dividend, h Ex-principal, n Under-the-rule transaction (not Included in year's range). rTranaaction for cash (not included in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. fFriday s bid and asked prices; no sales being transacted during current week. ABonds being traded flat. ' : SRepor,ted in receivership. ' 0 Jan 4% Mar Jan 1,000 June-Dec Sinking fund 3s Jan 1 Jan 20% 7,200 4% of . Peru 31% Mar " Utah-Idaho (issue Parana Jan 29% A. 25 *157% *53 Mortgage Jan 17% V Feb-Aug redeemed) J (Prov) 2% Mar 48 1947 Bmh High *160 Jan 9 . (20% 7s 1947 6s (City of) 1939 A7s 3 v4 Mar 3458 Mar Feb Friday'* Bid & Asked May-ZVou * Unitronics or Sale Price 1949— Feb-Aug (Peru) 6%s stamped 1958 Mar-Sept Maranhao stamped (Plan A) 2%s 2008—May-Nou Mortgage Bank of Bogota— Feb 1 Last Period ALfma City Jan Jan 1,800 Munic secured AHanover Feb 10% Mar 1% ' Jan 1.200 12 11% 12 ■ Corp Reclaiming United States Stores 1 10.700 42% Mar r 1% — x41 41 >A United- Specialties common U S Air Conditioning Corp U ' —— - x34% common-—25 200 l'A 1% —. f Cons AHanover Jan ' Sharing la tercet Exchange Low 10% Mar • — 205% 207 207 —100 — Stock High Ltd— Co Week** lug* Friday BONDS Shares 1 United Molasses MARCH 29 WEEK ENDED FOR Sales Friday par ' , Valspar Corp .1 common Vanadium-Alloys Van Norman Venezuelan Vinco .5 preferred Steel Co Corporation Silver-Lead Vulcan 1.400 150 3% 5 .2 Co__ 2.000 3'A 39 118% .1 ; ;; Virginia Iron Coal & Coke Manufacturing... 4234 117% 118% 3'A .1 5% .1 6'A 4% - Jan 125% Mar Jan 6 Jan 7% Jan 11'A Feb 13'A Jan 8,500 5% Feb 7% Jan 100 11% 3% Jan 6% Jan 4% Jan 30 20 15 Jan Indus¬ Rail¬ Util¬ 4'A 2,900 - 5% 6'A A 4 Jan 5% Mar • ' 42% Mar Feb 2% Jan 100 V. 6 11% 35% , 'Abbreviations used above—"cod," certificates of deposit ; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v" non-voting stock; "v t c," voting-trust certificates} "w 1," when issued; "w w," with warrants; "x w," without warrants. Jan 83 Jan 117% Mar •" 5,300 5% 4% 5% • Corp..— 3x80 ; ' 42% ... Vogt 1 '• -A— ; * warrants. Industries Petroleuhi 6'A 4% Mar " convertible $4 Stock and Bond Below listed daily closing averages of representative stocks and bond* the New York Stock Exchange as compiled by Dow, Jones & Co.: on w Aircraft Waco Waitt [_• • 100 ext ctfs voting Bond & -Stoeks- Co. Wagner Baking 7 % preferred Waltham Webb Watch & series $6 Webster West Utilities Internat (R Wood Pwr 473.12 144.17 71.25 167.58 92.36 90.15 89.79 90.27 90.64 March 28- 144.43 71.58 168.19 92.36 90.21 89.80 90.29 90.66 Jan 350 130 'A Feb 136 Mar 19% Mar 20 Oil xl31% 136 L 36 19% 200 2% 1938 1,100 2 91 5% 86 % 60 126'A 4,200 Va Over-the-Counter Industrial Stock Jan 7'A 137 % Mar Jan VB 130 -fa y Feb 150 68 Feb 58% 60 54 Jan 37% 39% 850 35 Feb 40'4 Jan 24% 24% 275 23% Jan 29% Jan ~i% Jan 10 23 34 Jan 88.11 27—_ 88.38 28— 88.55 89.00 4% 100 10 y2 Mar 12% 27,300 22% Jan 7% 450 5'/a Jan 3 Mar. 26% Mar 7% 1 3% 400 35b ._100 4% . 'vH: 2% Feb 100 14% Jan Feb 14 15 550 11% Jan 15% Mar 16%, 300 16% Feb 16% Jan groups 73 700 69% Feb 79% Jan current year are as ■X 16 2 8 V2 70'A 7014 29 ... Mar 100 based on the closing prices of the common for composite and by major industry The SEC index of stock prices 16% Jan stocks for the week ended March 22, 1957, follows (1939=100): 6% £1 preference -Wright Hargreaves Zapata Petroleum " Ltd ™10o Corp ~h'e 16% 16 3 8 . 8.600 1,300 Composite Tfi \~lfa "Feb" 10% "i h _• Mar. 5% Feb 5^ Feb 5S ,.Amer dep rets, ord reg 15%'Mar Jan ;»18% Jan r' I A'-lt. ' '''A. : . /IX. Friday BONDS American Last Interest - Period Exchange Stock *4 +>?.;< ■ . v' ;• Sale Week's Rang* or Friday's Asked Steel & Pump 4s inc debs 1970 1998 Appalachian Elec Power 3 Vis Steel Bethlehem Boston Aug 2%s Edison Chicago 6s 1 Range Since Bold Jan. 1 95% 287.6 158.7 281.3 :•%• 341.8 " Lou? No. Finance —- Service ■>'. and —_u; 96 "2 97% 123% 88% 13 1970 June-Dec Jan-July 85% 85% 4 81 63 63 1 61'A 66 58% 58% 90 . *57% Bank 5s 1961_—Mar-Sept Flying Tiger Line 5%s conv debs 1967—_Jan-July Guantanamo & Western RR 4s 1970 Jan-July Altalian Power Realization Trust 6%% llq tr ctfs—. Midland Valley National Research 5s RR convertible 4% Corp— debentures subord 0%s Ohio .mortgage 6y2s due extended 1st mortgage Power 1st to mortgage 3s 1971.. 3s , • I 96 — Electric Water & Co Gas Power 96% A ' 91 '96% 92% 92 1 92 1998.—Jan-July 129 130 13 128 *80 "■~3 A ' 80 3s 1965 95% . 1 3yas series D 1976 94 —Feb-Aufif *97 99% E 1978 F : 1979—. series G __ —. 1981 "4 178,000 Total —_. 8,£>48,665 of Shares 8,548,G65 — Southwestern Gas International — $70,000 $697,000 11,255,750 13,497.000 16,G94,000 15,192,00G 235,252,300 262,700,900 $17,651,000 $15,889,000 $246,620,050 $276,309,900 $35,000 42,000 3'/2s Knapp Inc 5s debs Penn 95'A 89 91 88% 93 72 77 Traction 5s *91'A '75 *70 -99 96 (Calif.) 3s 1971-—Jan-July &'Electric 3'As 1970— _Feb-Aug Power 90 89'A __ 2 1973 86 90% "7 Water • _Feb-Aug __Jan-July 1963—. 1964— *102 ..June-Dec 97 97 "l 94% 75 75% 12 73 1960 Stocks 7i% 100'A 103% Domestic of Bonds Shares) 101% 102 »A 100 *101% .June-Aug 103% 101 Men. Government Bonds $73,000 719,060 Mar. 25 $28,000 — *98 -Feb-Aug 99% 37,000 Mar. 27 857,305 72,000 962,785 932,215 $49,000 Friday Stock In tercet Last Period Exchange Sale Price Central A 6s A 6s (Germany ) Bk of German series series ADanzig 7s A B Port Jan-July 1951 State & or Friday'e Bid & Asked Feb-Aug April-Oct 1951 & Waterways *167 High 1957 Bonds Jan. 1 No. Low Stocks—No. High 6%s 1952 Jan-July of 105 *23% 102 — 120 91 102 21% 23% 80,000 39,000 30,000 $26,000 . . Total $309,000 Jan. 1 to Mar. 29 1957 1956 6,368,385 51,633,073 58,365,269 $234,000 $170,000 $2,897,000 $3,092,000 43,000 65,000 530,000 3,360,000 26,000 — Foreign corporate ' 44,000 3,000 3,000 471,000 484,000 $309,000 $238,000 $3,898,000 $6,936,000 Bond* Foreign gcvemmerit 102 Bond* 4,119,390 Shares- Domestic 190 *129 1956 Range Since Sold Total $116,000 4,000 Week Ended Mar. 29 Prov Banks— 1952 4,119,390 Week's Kange Low A Baden Mar. 29 Total- Foreign Governments and Municipalities BftNDS 648,025 Mar. 26 Tues. Fri. American 4,000 "13, GOO $234,000 $15,000 35,000 17,090 Corporate Bonds 5,000 Mar. 28 \ 3,000 Wed. Thurs. Newspaper Union 6s 1959 Foreign Foreign (Number 77 ..June-Dec 1974 Daily, Weekly and Yearly 97 XL . ■ Western $112,000 -97% 95 y2 Washington 1956 153,960,424 vCorrected volume. 90% 90'% A ' *121,387,664 Bank Total. 97% 95% 1970_ United Dye & Chemical 6s Wasatch Corp deb 6s ser 11,391,492 922,000 U. 8. Government Railroad and Industrial 5 90% 3'As Jan. 1 to Mar. 29 1957 1956 19H7 Stocks—No. $17,651,000 3,532,000 Week Ended Mar. 29 84 — 90% 98 V4 *97 Counties Gas Gas $35,000 $922,0C0 $16,694,000 3,706,000 82 88 _April-Ocf California Southern 3,573,000 35,000 97% 85% % ' 90% Feb-.4«sr .April-Oct - Southern ' 80 88% 90 C 136 91% 35 95% *90 West 133,000 3,354,000 [J Mar. 29.— 100 85% __Feb-Aug : 94% *85 ..Jan-July 81 *83 & 208,000 3,538,000 1,647,929 Fri. 90 80% Feb-Augr Webb 3,335,000 3,365,000 1,928,570 1,604,676 : Bonds :5 ' —Feb-Aug 3%s 1,712,450 Mar. 28 87 92 19731 1973 series series 3,555,000 Mar. 27 A— ; 96 % 1976 3s 98 % 1981_ _May-Nov Jan-July _Mar-Sept 6s 3s, Corp California Edison series 3s series $3,285,000 220,000 102% 95% Sales j $183,000 Mai'. 26 98'A 82 23 93 *90 -June-Dec A*"' Bond Bonds $3,102,000 98'A 100 2 Tot# Government Bonds Bonds Thurs 104% 98 97'A 97% 97 J 320.8 United States Int'l Bank Foreign Wed. 94 97 45 103% 104% *99% 101% 97 V2 274.8 / AA Exchange 1,M .Jl Bonds Tues. 55 86 »A ._Jan-July series B 2%s , n^ii Railroad — Harbor 3%s 91 1,595,040 Mar. 25 Mon. 86 '*176% Sapphire Petroleums Ltd 5s conv deb '62. Southern 53% 26 94 97% April-Oct ...April-Oct 1968 1970 Public Servioe Safe 103% Jan-July Pennsylvania Water & Power 3'As 1964 3'As *86 Jan-July 1963x. 3'As 95 Shares ' 1953.. 1953 .1.. Number of and Rfiscel. 117 57 92 91 May-Nou England Power 3'As 1961 Nippon Electric Power Co Ltd— A 1st *54% * , ■ 1976—Jan-July New 95 102 24 108 108 ...-April-Oct 1963 60 *96 Finland Residential Mtge 383.2 J >5 151.6 325.5 t . 369.4 425.2 286.1 161.5 , Daily, Weekly and Yearly Stocks 4s series A 1993 May-Nov A 1st mortgage 4s series B 1993—_—i May —0.1 Transactions at the New York Stock 86% mortgage !■ . >r- 90% 26 *127 Lackawanna of N J Division— 1st — 353.0 + 0.1 + 0.4 . >500.8 .:■■% Aa .) 0.5 398.6 * 57% 52 91% Western RR— Lack & A-5,.> 437:6 + 319.0 ■ A \ High 55 89% A —0.4 340.5 Trade, - 468.6 -—0.3 Low > 366.2 —0.3 2o6.1 158.G 281.7 •, Mining... 3%s 1978 series Transit Authority Delaware , 95% Bonds —0.2 389.0 440.8 Utility High , 439.6 Transportation 121 Va *53% June-Dec June-Dec Quar-Feb 1994 -' 387.6 Goods High Change 329.2 415.9 — Durable 1956-1957 Percent NohADurable Goods y\- . Low AAmer ■ ■ Mar. 15, '57 22,'57 328.5 414.6 «-A-. Manufacturing • ' ■.J,.*1 i 1 n"! with highs and lows for the compared with the preceding week and ' WooKvorth ' 78.87 Jan 23 Jan 500 96% — 1 3 94.00 Aug SEG Index of Stock Prices Mar 15% 3 Range for 1956 Jan 8% 15% 3 1 —25 13 Low Mar. Low Jan Jan 11'A 25% 3"2 14 High Fri. 11% 25% 88.17 26— Wed. Mar. Jan Feb 25 ■: 3% 1 25 Mar. Thurs. Feb 9% 22 for 1957 90.19 Jan Range High Mar. Tues. Jan 1% Mar 100 Averages 85.25 Feb Closing Mon. 3 100 9%' 22% 22% v .—10 ; Date— 38 10,500 2 934 9% .—25 Machine r 35Va Mar _10c i 4%%'pfd_ Bonds (35 Stocks) Compiled by National Quotation Bureau, Inc. Jan 39% 1 Inc JA 58% — ities Mar 91 Jan 5% Mar 1,400 134 .„ Jan 2% Feb 2 20 91 5% 130 — com Co roads Feb Co Industries Woodley 27—. 1% Petroleum common (F W> Ltd— Woodall 90.69 March Feb 5 Lt & 90.33 1% common Newspaper 89.90 29.000 100 Industries- preferred Wisconsin 90.16 1% common & C) Brothers 92.36 1% 1 Wickes (The) Corp Williams-McWilllams 5% 166.89 1% Is preferred River Oil Corp__ Wilsoa 70.63 March shares cohv Williams 143.34 Mar Weyenberg Shoe Mfg Wichita 472.24 2 —10 Inc 90.65 26 Jan __20 Stores 90.76 90.25 1V2 Inc 5%%' 90.42 89.92 13,400 Coal White 90.02 90.21 1% Westmoreland Eagle 90.29 92.21 134 Westmoreland White Rails 92.31 _ Ltd— Stationery Rails trials 166.8L 1% Stockholders & 40 167.15 25 Western Tablet Util¬ Stocks 22 March • Western Grade ities March Jan 1st pfd__100 ord Total Grade 70.69 Jan 32 y2 Ltd rets 10 Indus¬ 70.78 17 Feb 1.25 Invest Secqnd 65 143.47 Feb 5 pfd 'A- , . First 143.52 153/a 25% (Del) 4.40% Leaseholds 10 10 471.51 50 900 • Inc Total 472.94 trials 16 26% Maryland Ry 7% dep Date Jan 16 Western Amer 3% 2% Mar .. 1 Manufacturing Texas Western 104; Mar 26% preference Wentwortfh 100 -Bonds- 1C 26% common.., Ine Investors 10 101% 101% 'iV; -- Jan 10c Co Knapp 4V4 30 1 preferred Tiernan Inc &t -- 1 Inc cumulative $2 Wallace Averages the are ; ; <<«> " i 1 £8 The Commercial and Financial Chronicle (1546) .. . Monday, April 1, 1957 OUT-OF-TOWN MARKETS RANGE Boston Stock Friday STOCKS ■' Par ,, American Motors Corp__ * American Sugar Retining American Tel Anaconda Boston Company & Boston & Boston Pers Calumet Cities Maine Copper Eastern 67c Island St 59% 01 ' N E Service & Tel N H & 100 81% 81% w—100 Oil & United U S Feb 42% Feb 35% Jan 80% Mar 81% Mar 56% 58 3i 1,792 52% Feb 44% 46% 253 40% Feb 46% Mar 45 % 40 37 42'% Feb 52 % Jan H3»A 572 102% Feb 123% Jan Allen 33% 230 32% 35 % Jan Ainer 58 Fruit 45 109 III—10 33% ~~ 1 v 13% 1 System 8c 20 16% -100 RR— Jan 62 Feb 52 'Jan 54 134% 200 9c 16% 17 59% Mar Jun . 700 15% 45'A 20% 20% 25 26 —2.50 10 50 20 % * — J.) Electric Co Jan Mar 50% Jan Consolidated 20 Feb 22% Jan Consumers 35 26 Mar 27% Jan Continental 10 50 Feb 10% 21% 50 16% 21% Mar 57% 1,110 55% Mar Gray Detroit Steel Feb 20% Jan Economy 24% Mar 27% Jan Federal-Mogul 29% 255 29% Mar 32% Jan 41% 47% 2,654 44 47% Jan Fruehauf 41% Jan 295 12.50 54% 45% stocks Gar Wood Jan General 14 Feb Goebel 52'A 58 Jan Great Feb Range Par 20 — Electric Cincinnati Telephone Cincinnati Transit Ball 49 Unlisted Radiator American American Tobacco Ashland Avco — __ —-1 Manufacturing Boeing —; '■ Dayton Power Dow Du & Eastman Electric Auto-Lite Ford —5 —.— Martin (Glen Mead (The) National Distillers Penn 46 15% 15 '/2 44% 54 Union U U S S —I- Jan United Vinco 18% Mar 25 45% 50% 87 Jan Mar 87 49 % 37% 9 42% 25 42% Mar 18% 10 -)8% Mar 75% 17 66% Feb 17% 60 206 170% Jan 133 72% Feb 77% Feb 71% Feb 65% Feb 18% Jan 5% Jan 44% Mar 35 36% 50% Jgn Mar 25 28% Co 39% 7i % 63% 16 80 136 17 2 6 65 145 41% Mar 62 130 59% 45 Ig;. 24 , 18 Jan 7% Jan STOCKS Last Sale Price Par Abbott Laboratories * Jan Alleghany 1 17% 257 16% Feb 18 Jan Allied 50 29^« Jan Feb Allis 30 % 31% 50 29% Mar 30% Mar 49% Jan 67 — 52 57 1' » — 5 1 Steel 16% : 12 % (F W) For footnotes 10 see page 46. 24% 109% — 19 59% — — 100 200 20 Feb 5% •- 15% Mai- ... 6 Feb 5 Jan 5% Mar 4% Mar 13% Jan Jan 5 Jan 200 16% Mar 17% Jan 1,200 1% Mar 1% Jan 16% % transactions only Week's Sales Range for Week of Prices Shares Low Range Since Jan. 1 Low High \ High 42% 42 % 42% 700 37% Feb 42% Mar -10 32% 32% 32% 400 32% Feb 38% 11 11% 350 10% Mar 1 Castings—^... (Un)__1 Corp 1 ^ — —5' —1 7% 7% 200 6% 6% 6% 1,000 38% 21,250 ■' 14%-Jan 7% Mar 5% Jan 9% . Feb ^Jan 7 Feb *; Jan 64% Jan I 76% Mar 47 21 42% 57% 26 56% Mar 41 177% Mar Feb 192% Allied Laboratories Paper Airlines Broadcasting (Un) Paramount Theatres Jan Can Co — 4,500 18 18 18 800 18 1 Feb 89% 30% Feb 38 Mai- American Cyanamid Go——————*10 American Investment Co (111) 1 59% 818 60 36 % 110 16% 50 15% 39% 16 34% 85 34 36% 34 48 33 38 120 27 38% Feb 14% Jan 15% Mar American 38% Jan Amurex Jan 17% Jan 39 Va Mar 45% 36% Mar Mar Mar 36% Feb 34 Jan Jan Mar 55 20% 24% Feb 39% Jan 27% Jan 51 '100% Feb 117% Mar % 54 Feb 22% Jan 22% Mar 53 Jan 38% 30 3«% Feb 46% 13 32% Feb 35% 50 % 133 48% 58% Company $1.50 cony Atchison 88 ' 55 Feb Mar 58 Feb Mar 20% 21% 72 27 2 7'A 16 26% Feb 29% Jan 18% Feb 21% Mar 60% 60% 50 57% Mar 63% Jan 21% 21% 85 21 22% Feb Jaii Feb 24% 40 Feb 43 Mar 1 75% 76 600 66% Feb 76%'Mar ; 15% 200 15% Jan 15% Mar 17 7% 5% Jan 8% 5,700 17% 1,100 16% 1,500 170% Jan 8% Mar ; Feb 177% 178% 17 Jan 18 1 Jan ; 179% Mar < 74% 74% 400 72% Feb 78% Jan 31% Feb 37% Jan 34% 1,400 5'/4 5'A 200 50 63% 61% 63% 2.000 57% Feb 72% Jan j 10 (Un)— —— 56 54% 56% 1.200 51 % Feb 64% Jan ■ 15% 15% 15% 1,109 13'A Feb 16% Jan 16% Feb 18% Jan Jan ; 5% Mar 4% Mar common 11 17 * 17% 700 preferred—' 2nd 1* 29 % 29 V* 50 28% Mar 29% Common 3.300 22% Mar 26% Jan 14% 17% Mar 10 — . Washer 1.5o Manufacturing Corp -3 Baldwin-Lima-Hamilton (Un) 2224% 16% % 1 6% 6% 500 17% 1 6% 1,800 Jan 1 % 6 Jan Jan : 7 % Mar 13.100 Jan 12% 13 150 12% 14% 12%. Feb Jan Jan ! 50c 3% 3% 600 3% Mar 3% —^10 •—: Manufacturing Co_4 Bendix Aviation Corp Benguet Consolidated Inc (Un) 34 3 i 35 % 250 33% Feb 36'A Jan 58% Mar 62 Jan; —5 Co_.^ 58 "4 100 I'A 1% 1,100 42% 41 % „43 % 3,800 1 2G 26 28 % 350 ; 1% 1 % Mar Jan. (Un)— Binks 58 % 1% 8 Bethlehem Steel Corp New common - 42% 20 41% Mar 45% 20% 20% 70 20% Mar 38% 3 37% Jan 40% Jan Booth Fisheries CorD__ 50% 52 50% Mar 6134 Jan Borg 41% 47% Jan 30 Feb Jan 21% Mar 38% 60 Manufacturing 56% 57% 149 59% Jan 24% 134 23 % Feb 27% Jan Brach 141 101% Feb 113% Jan Brad Foote Feb & Sons (E Gear J) 40% 12 40 Mar 18% 19% 166 18 Feb 19% Feb 57% 59% 100 57% Mar 72% Jan 54% 80 52%. Feb 58% Feb Burton-Dixie' Corp Butler Brothers 43% 43% 70 42% Mar 45% Jan 15% 1,000 14% Feb 16 Jan 25% 100 25% Feb 27 Jan 41% 40% 42 l.lOO 3R% Feb 45% Jan 75 73% 75 * 20c Budd Company ^— "Burlington Industries Inc —— 15% 25% -5 — Burroughs Corp (Un) 55 % | Jan Mar ^10 : Works 40 49 26 i 24 53% : 5 (George W) Corp_. Borg-Warner Corp 108% 110 j ' 1 Inc 24 % 14 Co 42% Feb i 33% 5% cpmmon—.———5 Athey Products Corp.. Bearings 21% 500 Topeka & Santa Fe— Automatic Avco "7% 178 2j common Ashland Oil & Refining 400 42% % 5 (Un)_—; A (Un) Corp Co" (111) & 5 5- —I'M) Corp class 23 15% 75% —-:—.—_——25 Jan 56% Co Steel Armour Jan 33% Anaconda Armco Corp—— San (Un) Stand Tel Co Viscose Oil Mar 42% 22 12.50 83 % 15% ^ 26 j) 10 39% . Jan 200 33% (Un) (Un) & Jan 24 43 % 32% 26 & • 34% 42% 33% 85% Jan 38% Mar 55%'Jan 32% Mai- 34% 42 % 35% Feb Feb 42% Mar 38% "20 -10 : Manufacturing American American a Corp_— Chalmers Jan 50 20% 150 505 I • *•; —5 Admiral Corp 70 Jan 55 — % ; 17% Mar Jan "*.,1 12% — — Advanced Aluminum V4 33% 60% . Feb 29% Mar ; Feb 1— _— Acme Steel Co 46 38% 27% 10% Exchange round-lot Friday 48% Mar i compilation of the Jan 72% Feb ' 995 5 1% Midwest Stock A 30% % Jan . 2% Feb Feb Jan 26% 5% ' 5 16% -1 Wayne Screw 180% Mar Feb 19 __ 2% 126 5%,.. 15% 5% —1 Jan 79% Mar 20 — 5% „1 common 42% Mar Mar 43 35 10% Jan 106 1,450 , Feb 4% Jan Feb % 47% . Mar 11 „ Jan Jun 44% 10 : 10% Jan 16% & Jan 51% Distributors.. Shirt Feb 58 723 56 % 20% — .10 —1 Inc Corporation Walker Mar 25 10 —* 10 —1 Jan 100 10 7 Shoe . UdyUtc Corporation 470 21% 25 (N JJ 4. Woolworth Jan 19% • Carbide Westinghouse Sherman. Products 60 87 6 common—_. 47% Jan 50 % 117% 117% 20% -- S .Rubber Feb Mar 45 50c Bunray 54 45% : Brands U 40% 25 Jan 50 Jan. Mar • Dillon Jan Jan 28% Mar ;; Feb Mar 27 — 117% 10 Indiana Standard Oil 107 21% 5 9% 18% — 5 820 17% — ! 4 18 87 37% • Ry Rand .8 % 100 -10 Mar Belden Co 642 4 ; Scotten 80 10 Southern 4 2% 33% 38 5 3 10 .9% 12 33 %c i. 42% 29% 34 — * Roebuck 27 2% 39% '—■ Feb .Feb 120 11% 1(>38 1 1% Mar 490 29% 36% 25 Sinclair Oil 49% 12 38% 10 1.40 9% —2 American Tobacco — 28% 49% 1,500 " W) Jan B 28% 49 % 29% (H 44 Schenley Industries Standard 10 -1 Rickel 1% 3 3% 2% Mar —5 i Sperry 2% 400 Rudy- Manufacturing 15% " Southern 800 3 Rockwell Spring & Axle— Tel Radio Corp of America .Republic Steel Southern 2% 2% 9 Rad — Sears 1% 2% 4% Mar Motors __2 Reynolds Tobacco class 1% Feb American 39 Jan 2% Jan American % Jan 27% ~2% 85%. 55% 1% Jan 1 35% __ Feb Feb 8% Mar 1 Feb 179% :180% • 8% 1% 25% 165 26 7% Jan Jan 1,100 1% 25% 4% 46 -- 7% Mar 1,656 8% 1% 25% 85% American Oil 8% 1 64 56% 50 Pepsi-Cola pure 1 —.—10 824 Jan Phililps Petroleum 2 240 Mar 5 Jan 4% 8% 59% Mar i 43% 2,405 Jan 4% 59% Lead Jan Feb 3% Feb ._1 52% RR 8% 38% Feb Prophet Co 54% — National 2% ' 8,020 4 50% Jan 90% Mar 56% Mar Montgomery Ward 105 39% 4 6% Feb 90 — 7% 38% 4r-f: Jan 40 130 — ;7% Jan 5% . 114 — 7% 38% v ._5 Brewing 57'% L) Jan 100 Co_—A 58% Co 24 Feo 5% -1 30 % International Harvester — -Monsanto Chemical 19% 5% pfeiffer Jan & 58% — 1,923 Jan Mar Corporation Davis 55% (P) 20% —_—1 56% Greyhound Corp 20% Co_—. Metal 56% —1 20 % common—-— Products Clemens 5 . — Mar 2% —* —; —1 General Motors 59 21'A — —— (S S) Screw Parke 17% -- ———5 General Dynamics General Electric Lorillard Breweries Drug Murray 30% f'.-17% —10 — Jan Jan Peninsular Metal Products-. 72 % — —.—————5 Kodak 54'A Feb 28% Mar 61% 5 Pont 1,527 1% 25 47% ; 7 — 57% :: ~—1 Motors American Light 56 56 17% Jan 42 — 25 Chemical 38% 337 Jan 17 43 Columbia; Gas 4% Feb 5,478 26% 63% ——25 Columbus & So Ohio Elec— 5 Corn Products —_-—-10 Mar 36% 120 2% 22% 6% Bethlehem Steel 4 Jan 21% 17% Mar 391 19% 50 54 —. 5 — . 705 4 37% % 58 9 Jan 5 % Mar 19% 652 87 Jan 39% 10 45% 7° — 3 Glkesapeake & Ohio Chrysler Corp & Bearing 28% 177% 178% 178% "—' — & 23% 17% 10 Oil 18 4 1 !—1.66% ——1 Chemical —1 26% Mar 90 7% . 37% 30% Jan 18% ■ -25 —. Armco Steel Feb 17% Jan 75% ,——50 Anaconda 6% 17% —5 Mar 46 18% Telephone & Telegraph—100 —-—-—5 200 Jan 28 42% 1 American 6% Feb 23 25 -10 —— 6% 3% 56 F" —— ■ 37% 12.50 Airlines——— American Cyanamid Jan 37% 1 Stocks Can American Jan 6 3,350 5 Corp— Electric Masco High 19% 25 Jan 231 6.251 133 % 17% Mar 7% 7 6% 76% Mar 49% 5% ———1 Oil Lakes Mount Low 49% 49% Randall class B —————5 U S Printing common—— * American Jan , 1 Bearing Lansing Stamping Range Sine e Jan.1 87 -1 -2 ——: Jan 16% 45% Mar 39% 28% 54 -50 (new) 64% 560 1,525 4 % Industries Motors Kresgc Co High 43% * gtd 2,029 46% 39 % 26% 85 — — Gamble 73 17% % 8% 10 ———--AC- % 4% 100 Sons Shares 88 89% * Picher 19% Mai40% Mar "4% 45% r^,?1 12'2 common——— Preferred Feb Feb 17 20 28 1" 17% 34% 72 23% 28% 8.50 com Milling 148 1,698 45 26% 23% Feb 5 19% 46 % 28 —.—--8 ————-10 Jan —1 ——* Bower Brewing Kinsel for Week Loro Jan 40% 73% * Corp International Sales of Prices Last — Exchangt Week's Sale Price Jan 13% Feb Jan 63% 13% Mar : Iron Trailer 49 Howell Friday £ 3% Jan 24 19% 10 Baler 52% Mar Hoover Cincinnati Stock 900 Jan 3 40 40% 25 Ford Motors Co—A— 46 3 4 47% 4 2% Mar 1 Feb 17% 55% & 3% 5 2A——— 36 10 Miami Mar Foundry 246 13% — Edison Detroit. 150 13% We6tinghous« Electric Corp Detroit. 240 Jan Kroger 11 —1 29^8 * u--. Jan 23% . Feb Procter 624 Motors 18 40% Little 11% i 25% 39% & 11 Paper —: 39% 6 (E) Feb Power common—— 17% 186 Gibson Art 22 , Chrysler Corp Jan 25 25% 608 Kahn 112 5 57% Mar 39% Jan 40% 'Eagle 22% 15% Mar 14 Jan 9% 42% Drug 22% ■ 137% Mar 1,210 52% Dow High . 800 Company 13% Feb 42% Feb 40:% Cincinnati Low 14 2% —_—2 .— Burroughs Corporation Jan '■! 2% Budd 56 % Corp———_—25 Laundry Range Since Jan. 1 High 14 —1 , Products Metal 26 38 % 5 — —— Cincinnati Gas & •, 12c 21% 7 ——* Co_ Piano Low Davidson Bros —2—A-.——L Inc Manufacturing Shaies 138 17% 52% American for Week 14 —1 Jan 132 186 Stores 13% Mar 5 Carey Sales Range Par ACF-Wrigley Jan 6c 33 44% Waldorf Baldwin Week's of Prices Last Sale Price Briggs Manufacturing common—3.50 Brown McLaren Manufacturing _1 Feb 16% 212 15 —5 , Co Rubber Exchange Friday STOCKS 59% Jan Feb 12 2,096 134% 135% -100 Co Mach 46 47% Mar ''::i PONTLAC : 237 ■ 4 Corp— (N. KALAMAZOO Detroit Stock -50 — Chemical— Drill Shoe JACKSON Jan 34% 28% Smelt, Refining & Mining Co_„50 Systerh Inc ———• S U ANN ARBOR ' — Co Co. DETROIT WOodward 2-5525 Jan 295 Companies Webster Twist United 68% 57% Stop & Shop Inc___——~——----1 Torrington Co A. ———* Union Mar 50 Corp—, RR Building Jan 12 30 Exchange Jan Jan 14% 102 V Stock Midwest Stock Exchange Telephone: 59% II——5 Association Standard 19% 40 Feb 58 American Feb Jan 59% ' ,wW • Drug Co_„ Stone Feb Mar 12% Ford Jan 54 49% 56% —- , Mining Co Shawmut 15% 37 139 32 Hartford Pennsylvania Rexall 15 41 27% Electric Mathieson Quincy 136% Jan M 27% Co___ Cement Tel Y 57% '•*'"'.'75 31% Co__ Coal England Olin Jan 50 12% 5 Narragansett Racing Assn__; N 73% 133 Ry Copper Star New Feb 5 Exchange Detroit Stock Exchange _1 K^nnecott National 596 1,186 17% 28 10 Co Creek Lone 04 % 51 % A-— Electric Gillette 122% Feb 178% Mar 17 % Co— Motor General Jan Assoc..—— Co—■ 1st pfd class A cum Feb 170% 12% First Nat'l Stores Inc— Ford 114% 10 Fuel & Mass ,:.:5 2,554 Stock York New 8% Mar 5 — pfd cum Jan 88 Inc Co—— Range Gas 5% 50 % 50% —* Co Eastern 8% 184 »/3 184 % 25 common High ... 277 61% 100 Prop Hecla <fc Service 4%% RR Members Low 177% 178 % 178% 50 . Albany RR..— iA.———— Watling, Lerchen & Co. Range Since Jan. 1 High 119% 119'a 100 Boston Edison Shares 7% \ 29 for Week of Prices Low 100 Tel & ;1 MARCH Sales Range Sale Price WEEK ENDED Exchange Week's East FOR 5 2 "4 19% 11 — 1— — 15 20 73 Mar 2 Jan 2% Feb 17% Feb 20% Jan 14 1,100 11'A 200 11 Mar 39% 18% 77 300 1.000 dl % 5 12.50 19% 2% 39% 200 34 Mar 18% 19% 850 18% Mar 24% 24% 100 24% Mar ; Jan Jan 39% , Mar). 21% Jan 28% Jan Number 5625... The Commercial and Financial Chronicle Volume 185 <1547) ■ 'I ■ . CUT-OF-TOWN MARKETS RANGE Week's , of Prices Par Hecla & Canadian Pacific Inc (Un)_. 34 1674c 4 Corp 2 common. Celanese Corp of America Centlivre Brewing CprpX---^-' Electric Certahi-teed I } 30% —10 = -■ 2% .. Feb 34 ¥2 Mar > 3% Mar 200 5574 Feb 14% 63% • Jan Minnesota Mining & Mfg .12.50 1774 Jan Mcifdine Manufacturing 2 ¥4 Mar Monroe Chemical 1% Feb 3474 Jan 38¥4 29% Mar x % 31% 700 117a Mar 1074 11 y4 Jan Champlin Oil Refin Co Chesapeake & Ohio Ry Chic Milw Chicago 5% St Paul & & (Un) Pac A 21 25 Ry - Corp ." '> 61%. 29 ¥4 Jan 60 Jan Feb 56 550 Jl,900 : Jan ' Mar Fee by74 Morris 1874 (Philip) 50c Jan 24 Jan 150 Co & Products Feb 300 10 27 129 3374 Mar 300 72%'; 7374 300 40% 40% 3774 Jan 12% Feb , 674 1,900 60'a 4}2& .preferred Cleveland (Un) 5 : convertible preferred 4374 43 Coleman ! _ Jan 4'A 3% 474 5 A__ class 64 74 77 Jan National 68 74 Co Inc— 3874 Feb 4074 Columbia Gas System 900 4174 Feb 51 4 ¥4 8974 Feb 3974 Jan 250 1674 Mar 2074 Jan 1874 Jan Commonwealth Edison Xl7:la 50 Tile & 17% 4,000 1674 3974'- 40! a > __1 f — 4s300 39 74 1,10Q 26 Mar 30 45 Mar 4954 Container Corp of America Continental Motors Corp Controls Co Crane of Co Curtiss-, Wright 18%" 1174 7%; 77 a 11%'11% 363/4 34%; l 5 25 —— common—J Cudahy Packing Co 18-74 5 , America. Feb Corp (Un) 1 <te Detroit Company Edison Co (Un) 2 Illinois Pacific Northern States Drewrys Ltd Du (E I) Pont USA Inc __1 ——_ de Nemours (Un) 5 ' ■" '■ Feb Feb 1074 Eastern Eastman Kodak Co Eddy (Un) —„ Paper Corp_ Emerson Radio 2— & 39% Feb 46 27% Feb 31 7% 674 38% 36'A 39 27 26% 27 ¥4 37 3774 118 ¥a 7'A ¥4 115 600 Brewing Corp Flour Mills Foremost : of America Motor 500 Pacific Dairies Jan Pan American 66% Jan Paramount 100 177a 1874 Jan Patterson-Sargent ' 250 Four-Wheel Drive Auto Fox Beer Sales— DeLuxe 37 400 8674 10 5% 90 ¥» 350 Jan Jan Feb 674 534 Mar Corp Candy Corp Contract Geheral Dynamics Corp Electric Co_ General lo 41 % 54% 2. ' . (The) Co Co — Lakes Dredge & Great Greyhound Corp Griesedieck Dock.. Gulf Oil 2% 400 120% l Heller (Walter E) & Co. Hertz Corp Hiboard Spencer Bartlett Howard Hupp Industries 11% Public Inc.: Service Oil 3874 Feb 4374 Jan 3974 Feb 55 Illinois Central Inland Steel 41 ¥4 900 3474 Steel Interlake 327a 2 74 Bros Raisin International Nickel Co International Packers International Paper (Unt International Shoe International Tel ; V-29 74 200 Feb Schwitzer 33% Jan 174 Jan 14 74 Jan 1674 Mar 97a 85 900 10 Ltd Tel & Feb 108 Signode 400 1174 30 ~1474 1,250 Oil Shoe 16 • 74 13 18 Southern Jan Chemical ' ¥4 Jan Co Co 32 Jan Southern 5974 70 Jan 200 Jan 174 Jan Feb 574 Jan 2874 250 2574 Mar 600 20 54 »4 300 5274 Mar 2074 1,300 20 Feb 82% 600 79 Mar 81;?' - 63 99 Jan 400 32% Feb 36% 400 36% Feb 387a 28 100 26 Feb 2974 Jan ■ v. 28 105% 105% 9% 20; Feb 204 10 10074 9% Jan 112 11 ¥2 107 97 9474 97 700 9474 Mar 39% 39% 32'I 3974 400 39 Jan 40 ¥4 32 % 32 74 600 2974 Feb 33 ' * 7 i 40% •. 39% 25% ; & (Ky) & Co Co Axle 25 3 4 Co Co Mickelberry's Food Products Utilities "'or footnotes see Feb 45 39 ¥2 Jan Jan 26 Mar Feb 128 V2 4174 ">00 374 *00 1 1874 Jan 374 Jan 44% Mar 374 Jan 59j 678 33'4 page 46. 1474 Jan 15% Jan 24% 25 ¥2 Jan ' J' A Jthn 4574 Mar 11% Feb 13% Jan 100 64 74 Jan 68 ¥2 Feb 19 450 18 74 Mar 59 74 500 fl % 500 *6,4 X2774 X2774 200 67a 33% 100 3534 35% 3974 39% 700 5474 55 250 200 44 2174 Jan Feb 62 30 ¥2 11 ¥2, 11% 200 207a 207a 2074 1,300 21'A 21 21 ¥2 400 50% 49 50 ¥4 1,100 56 ¥2 ¥4 20 Jan 13% Jan Jhn Feb 22V4 1874 Jan 22 ¥2 Mar 43 Feb 50¥4 Mar 5774 500 51% Feb 63 1474 1474 600 14 ¥4 Mar 4474 45 ¥4 45 ¥4 500 4374 Feb 17% Jan 52% Jan 7 7 50 6% Jan 38% 300 -37y4 Jan 1,100 3574 35% 33 ¥4 3574 49% 52% 1,800 23% 23 % 100 10 10 74 300 Jan 7 Feb 3974 Feb 38 Feb 500 3374 Jan 36% Mar 300 31% Jan 33% Jan 48% 59% 46% Jan - 35% 5174 ~ Feb 2274 Mar 974 Feb Jan 23% Mar 14% Jan 56% 900 54% Jan 5874 Man 25 ¥4 950 24% Jan 26 Jan 10 ¥2 .10% 200 10 ¥4 Feb 11% Jan 29% 2974 400 26% Feb 29% Mar 56% 55'A 25'A 25 " 1174 700 3974 4074 1,000 31% 32% 150 25% 25 74 25% 500 27 ¥4 27 27 ¥4 900 31 100 11% 1174 31 V 11% Jan 12% Feb 39 ¥a Feb 47% Jan 3174 Mar 35% Jan 24 Feb 25% Mar 26V4 Feb 29% 28% - Feb 31% Mar Feb 63% 56 Jan 33 Jan Jan 60 ¥2 54¥2 65 61 ¥4 1,100 53 % 54 ¥2 3,400 28 61 ¥4 2874 150 28 2174 300 20% 47% Feb Mar Jan 22% Jan Jan 21 ¥2 ■)'« 32 19,300 —* 4374 4274 4374 1,000 42% Feb 46% Jan 28% 29'A 300 26% Jan 28 20¥2 2074 2,500 11 ¥2 1174 200 (Un) 1 50c 2074 3t3 Mar is Mar , _2 20 % Feb 23% Mar Jan 5¥a Pan 48 ¥4 467a 48 ¥4 1,100 43 ¥4 Feb 51% 50 74 5174 1,300 507a Mar 62 Jan 7 57'A 53% 59% Jan _1 Equipment 20th 28 ¥t 31% r* 1% Jan Feb 3974 Mar 51% Jan 8 208 Mar Feb 5774 3,700 51 5174 400 48% Feb 56% Jan j. 16 16 100 15% Jan 17% Jan 37 ¥2 37 ¥2 37% 800 32 Feb 38 Mar 13 13 15 410 13 16 Jan 7 7 .5 Corp 1 5 Tool 1 25 7.50 Cqrp (Un) Century-Fox Film (Un) La Salle St Corp Jan Jan 27 Mar 22% 24% 400 3574 1,200 41 »A 300 40 . 27% Jan Feb 4274 3474 Mar Feb 6474 64 ¥s 48 65 1,200 55 48 100 42 39 700 35% Feb 1% 2,300 l¥a 65 ¥4 Feb 3874 Jan 1 ¥4 1V4 Jan ,44% Jan Feb 48 3874 Jan 50 24% 2,250 Feb 35 — 1 -2 1 — 26 8% Feb 48 41 ¥4 3574 25 (The) 300 2374 24 ¥2 49 ¥* Mar 6% 500 24 ¥2 25 ¥4 ¥4 49 ¥s 7'A 1 Corp So Carbon Union Carbide & Union Electric (Un) Corp Mar 48 Jan 39 Mar 1% Jan 1 25 ¥1 2574 200 22% Feb 26 * 63 ¥4 63 y4 10 62 ¥2 Jan 63 ¥4 900 101% —• 10 25 of Calif (Un) United Aircraft Corp 109 Mar United States Gypsum 4 United States Industries S Co Rubber U S Steel 5 (Un) 1674 Corp Feb Wfebcor Western 3574 Mar 35 ¥2 Mar 4674 Jan 5774 Jan 33% 200 Feb 34% Mar 2074 300 19 74 Feb 21 ¥4 Jan 13 74 14 200 13 y2 Feb 1574 Jan 11 11 200 10% Feb 12 ¥4 Mar 52 % 100 74% Mar 88 ¥« Jan 29% 100 29% Mar 42 Jan ¥4 53% 600 52 Feb 68 V* Jan 15% 40¥2 59 ¥4 26 y2 300 78% 29% 53 % 1.100 53 ¥4 15% IOO 14% Feb 16% Jan 40 ¥4 40 ¥2 300 40¥a Mar 48% Jan 57 ¥4 59 ¥2 2.900 57 ¥4 Mar 73% Jan 9 2,400 53 3274 100 31 ¥2 Jan 3374 Feb 1274 5 Inc Motor Wieboldt Co— Stores Wisconsin 1 477a 2 ¥2 Telegraph Westinghouse Electric Corp Whlrlpool-Seeger Corp White 874 183/4 55¥2 2574 1 Union — Inc common— Bankshares Corp Wisconsin Electric Power (Un) 874 Jan ' , Feb 60% Jan Wisconsin Woolworth Public (F W) 9% Jan 20% Jan 52% Feb 67% Jan 300 24 Feb 26 ¥4 Feb 100 45% Feb 49% Jan 18 ¥2 300 5474 55 ¥2 1,700 25% 26 47% 47% Mar * 14 14 14 100 12% Feb 14 * 23 ¥4 23 ¥4 23'A 200 22 Feb 23% Jan 3l¥a 317a 100 30 % Feb 32 ¥4 Mar Jan 23 10 Service— 10 Co * 10274 22 ¥2 2274 200 21% 44% 22 ¥2 10 Youngstown Sheet & Tube— 874 Mar 18% Mar 18% Jan 3274 3074 29 ¥4 29 »/a 53 78% 1 U 107 ¥2 109 Jan 114% Jan Feb 29 53 ¥a 5 10 United Air Lines Inc Jan 3374 - 6 .49% Jan 56% —1 Corp—— Radio Corp Trav-ler 200 6 6 6 10 Sylvania Electric Products (Unj . 1274 Jan * (Un) Machine Mar _<25 Corp.—— Corp Container 11 Jan Feb 674 Mar 20 11 11% Jan Mar Jan 64 74 1 Jan 26 7% Feb 21% Sunray Mid Continent Oil Co Swift & Company Feb Jan 6474 10 12 ¥4 Mar 5% Mar 200 11 ¥2 —1 Service Jan Feb 25 4 Jan 10 ——.5 Studebaker-Packard Mar 38 74 700 16%c Inc 26 ¥2 Jan 3374 Mar """ 5 Sundstrand 2374 1174 Chapman & Scott (Un)J__12.50 18% 17 39% 5 ——15 Feb 103 74 1134 " Jan 14% Mar 38 ¥a 5 10 1 Sunbeam 700 700 190 55 50 Jan 38'A 12 class A Jan 200 4474 . 3874 800 74 15 Mar 38% 3 Co Company 45 1 % 26 1 Works Railway Co 45% » (Un> Portland Cement 400 15 28 ¥4 38 ¥2 * (N J) Texas 50 4 2,500 674 1_—5 ——5 Oil Trane 1,100 5974 5 • 10 Oil Co (Ohio) Jan 15'4 * 1074 48 ¥4 700 300 * Indiana Jan 25% 1174 10 10% 1 California 7% 14% 25% 7 15 5 of 6074 39% 25% 3 74 * 49% " 12.50 v of Union Oil : Brick 39% 41% 1574 1 (Un) (Un) Dredging 6% Mar 110% llO'/t 3% » 15 25 —10 50 33¥30 Oil 4574 Mar 41% 41% 4 33% 5% Oil 430 50% 40% - 15'/a 33% 5 Public 1,400 7 48% 4974 15 * 5 :_i Stewart-Warner % ' • (Glenn L) Co South 49% Mar 100 48% 15 33% Jan ( 1 ~ Marquette Cement Manufacturing •Middle Feb 48 ¥2 —25 (Un)—1 ——1 Co_ Pacific Standard 38¥4 Jan 34 74 3674 5 ' " (Henry C) & 63% Mar Standard Jan 34 V, 1 Merritt Jan Standard Jan 2374 36% * Merck 57 74 Standard 2274 Jan Feb 34% Lytton's 'Metropolitan 100 Jan 27% Mar • Jan 2674 2074 « common Field 6174 Sperry Rand Corp (Un) Spiegel Inc common 274 Mar 4 74 82% Louisville Gas & Electric Martin 61 % Strapping Southwestern Feb 100 , —8.75 (Un) Libby McNeil & Libby_ Liggett & Myers Tobacco (Un) Lincoln Printing Co common Lindsay Chemical Co common Marshall 61 ¥2 Rights w i___ 1674 2874 Mar 5,000 % * (Un) preferred Medusa Feb (Un) 100 2% 20 3374c com Laclede Gas Co common & 42 ¥4 Corp— 100 68 474 54 10 Kimberly-Clark Corp $2.50 1,400 —— Lathe Bend South 1774 Jan Jan 11 % Mar * Knapp Monarch Co Leath 4574 Indiana of & & Steel Sinclair Jan * Power & Light— " 447a Socony Mobil Oil (Un) 1674 20 7.50 (Un) (UnJ Kansas Power & Light * 45% 3 Corp Roebuck Sears "-V 20% —15 Shinkle Kennecott Copper Corp ' Corp—,—.5 Co Electric Co— Transamerica Kansas City Jan 19% Mar 123 97a Mar 2574 * Co— & Johnson, Stephens & 26'A (Un) Louis Public Service St 274 Mar 2,300 2 Chemical.—.5 (Un) Jones & Laughlin Steel Alum 300 St Regis Paper Sangamo Stone Kaiser Jan 27% — Spring Jan 4,600 ■ & Mar 19 ¥2 2774 Co—— Jan * Mineral 77% Jan 27% Paper— Jan * International Mar 16% 7.50 2.50 Tobacco cl B (Un)—10 (R J) Richman River 82 274 . 54% Harvester 1774 Mar 68^ Jan — Corp (Un) 36 ¥2 Feb 47%. Mar * Steamship Co International Jan 800 Jan Feb .44 51% i 5774 Feb 73 74 800 1 i; ; 1,800 7074 Jan 46 % Mar Feb 20 V4 RR_„ Co— 1774 69 Jan 44% Standard Indiana Steel Products Co 17 ¥a 70% 39% 187a 20% Co. Reynolds Mar 4% 10 17 ¥a Mar 16 Feb Inc Rexall Drug Standard Illinois Brick Co 400 11,900 41% Jan Feb Co Co Oats Revlon 4274 Mar Jan 200 6774 10 common Jan 400 1 Huttig Sash & Door 42% 3574 Jan 38% • 36 (Un) Co Republic Feb 5974 49 74 27a 1 — Corporation 6174 Feb 467a 30 1 25 41 ¥2 Mar 48 % Radio Corp of America 14% Jan „ Jan 52 74 700 16., 11% 167a __i - 18 Feb 28 19 Feb 500 46'4 9% 16 V4 3 - 1774 1774 28 3574 Mar 274 Jan 10 5574 V 7,300 • • Jan 13 % Mar 500 1,500 '~9sa 25 700 800 (Un) (Un) Petroleum Co (The)_ Pure 24% Jan 1197j| 1207a ■ 1,100 367a 500 & Co Potter 6¥a Mar 1574-. 16'4 .1 Corp 874 32% »3234 3 (G) Brewing Co 10 35%; 357a 75% 76 1 (Un)... Corp Werner Jan 274 Mar ■ Hein 15 Jan 4 47% * Chemical——— Co 2 Heilman Feb 1,200 274 447,4' 12.50 400 29 74 35% 900 (Un) Dodge Corp Corp (Un)_ Phillips Rockwell 5 City Steel Co 29% 2874 — (Charles) Philco Jan ■ __io __ Goodyear Tire & Rubber Co J. Great Lakes Oil & 17 V2 1974 Feb 54%' 55 44% 1 (Un) Feb 700 74} 1374 38% Gerber Products Co Glidden 1674 1374 v 900 5"i 577U 58:i4 —1.6674 Jan 5074 Co Phelps Feb 59% Mar 3,500 56%; 58% 38%| 3974 41%! 42 74 ! __io Corp— General Telephone Corp Granite 874 Jan 67a 13' 3 13% 58 ....5 Jan 12% 1974 World Airways Pictures Pfizer Jan 16 Mar 14 74 2%'- 1 ^ Motors Gillette 7 200 .ir 10''.,i iu 10 2 — 39% Mar 3874 Pepsi-Cola Co Jan 54% %1 2074 __i General General 1575 Jan 50 950 57a? 20 5 9 50 ¥2 conv Quaker General Box General 200 7 ,< 14%] 6% 20'/a 11874 Mar 3274 Mar 37 ¥4 prior preferred Penn-Texas Corp common Pennsylvania RR 51% Jan Mar 246 50 5G v' 57% 17 ? I 17 14% * 1 Feb 10074 100 1,000 ' 7 10 40% Jan 5074 Peabody Coal Co common—r. 19174 Jan 8474 Feb 190 574 ' Feb 177 900 15744 1574 .1.25 Fruehauf Trailer Mar —6.25 Warrants 4337 322 Feb Jan ' "h 387a 574 ——2 500 Mar -2774 Mar 3874 ■. Electric & 40 28 5 -i.i Inc Gas Jan 56% 17! 37 39 Feb 29% 5 1 Glass Feb 84'% 5 300 .974 Jan Feb Jan 23 1 . Inc.. Co— 24 74 12 Co Chemical Owens-Illinois 30 Va "* Ford 307a 400 33% 9 35% 5 10 (Un) 3774 37 332 * Jan 1074 Feb 674 Mar 4,000 , 118 74 33% 9 5 Co Co 5674 Mar ' Falstaff Oil Olin-Mathieson Jan 700 —_— Oklahoma Natural Gas Jan" 250 Edison 150 Phonograph (Un)__5 Jan —* Manufacturing Ohio 550 8674 10 5% 26 '"■■■ vV-' Ohio .' J 37 1 6% Jan 374 Mar Jjt . -vA.; Air Lines Inc Oak 3674 Mar ' 974 ' *' ■ 43 % Mar 2,200 Jan 10 ' (Un) 567*. 58 177%. 17% 180 ,-.;130 74 58 ' V Co— V i Jan 39%;; 397a 5 48% Mar Feb 374 Feb 10 —1 (Un) Ry Power 24%; 247a 5 Feb 36% 50 1 Northwest Bancorporation Jan 31% 30 —20; . Dow Chemical Co 774 1374 ■ 200 5 41 Va Jan 400 A- 10 5 (Un) Corp 0-as Co Jan Jan Feb Jan 3674 _ 30 lo Dodge Manufacturing Corp—: 19 ¥1 6% 1174 400 V'f , Deere 17% 900 9744. 97 a 42 %> 43 _5 100 . • 10 1 Car Northern 42 74 Mar Jan 1,600 1,400 19 40 Mar * Aviation American Northern Jan V 46 Feb 24 —5 RR American ilorth Jan 200 46 36 46 10 North (Minnesota) Consolidated Cement Corp____ Consumers Power Co__ 800 24 ¥2 1 ;(Un) Manufacturing Central York New Feb 21%, 28 3974 —.25* common... 17%' 37% Jan Jan 8774 Mar 167% 17 (Un)— -Mar Feb Jan 36% 5 _ Feb 3 Jan 2 24 l* Products National Standard Co National Jan 50 Distillers Natiopal Gypsum Co (Un)_— National Lead Co (Un) Mar 5874 Mar 300 88 18 30 ¥4 2.50 Napco Industries Inc National Cylinder Gas Feb 38% ; 39% ^ 25 _* Muskegon Piston Ring 874 Mar 42%:43 88 —15 Jan Jan 39«a —100 Feb 65% Feb »1,700 4 1 common. 38% 4374 43% _3 — Convertible Mar 140 42 2 4 —.1 common z Electric Ilium— .-x • Jan 37% Jan 3874 Mar 6074 _* Corp—_ Cleveland Cliff's Iron 67 Mar 16 ¥2 1,100 4274 38 (The), Co : 27a 3374 37% _—2 • City 33% 56 7% Jan Feb Muskegon Motors Specialties— 2974 Mar 3074 1,400 . 58% 1,200 1774 High 6% jjan 300 56¥2 2% Chemical ,<Un.)„ Mount Vernon Jan Feb 200 77a'; .77a 73 Feb 16 74 34% 140 "35 33% Montgomery Ward & Co 60 11%; .11% 4-138 500 17 ¥2 — Monsanto 300 3874 3374 1174 —10 . 2574 200 1874 38%> 25 — 1,200 ' 2834" 297a . __1 Chrysler Corp Cities Service Co.——' - 61% 18%. ... 100 —_ 27% - ." 59 58 cpm_ preferred—.. Oil 26 !4 .6134 Chicago Rock Island & Pacific Ry____* Chicago So Shore & So Ban RR__ 12.50 Chicago Towel Co common * Christiana in 59* common.—* Northwestern series 1 __25 6474 56,,. ■ — Co Jan? • common. convertible^ preferred S3 900 1174 Mar 300 Co Low 774 347a 56 Range Since Jan. 1 High 64 ¥4 64% —_10 Motorola Inc . —*, Cement .Shares 7% Missouri .Portland - tor Week of Prices Low 1 — Jan 300 , Brewing Co (Un). Mississippi "River Fuel——,— 300, 107a Minneapolis Jan 5 Feb 200 V 30% 107a ■/ 30% 300 11% : 11% 107.8 1474 ,8,700 , 3671 30%" 11 (2 l : 16-'% 2 < 36% .. . 5 dist" "ex ( 62 Par High Feb 200 , 43 * 62 16%? _10 : Products 62. * -'—50c Central Se South West Corp— Central Illinois Public Service Century 10 : (Un)__— 34% . Low 12% Sales Range Sale Price 300 .. Week's Friday Last Range Since Jan. 1 V 12% 13 ___25 j. ; STOCKS Shares Low.. High 5 Canadian. Prospect Ltd— Carrier for Week Last Sale Price Calumet FOR WEEK ENDED MARCH 29 Sales Range Friday vSTOCKS 4474 400 42% Mar 102% 103 200 99 % Mar Jan 45% Jan 121 Jan W Commercial and Financial Chronicle The ... Monday, April 1, 1957 OUT-OF-TOWN MARKETS FOR WEEK ENDED RANGE MARCH 29 Weeks Week's Range of Prices Shares Last STOCKS . Sale l'rice Par Rales for Week Friday '■%' Garretlt Corp Ian. 1 Range Since ' ^ ... Air Reductio* Co ■ (Uni Co a el 26 — Inc 121 125 109 Feb 120% 1,321 18% Mar ,'i. 155 7 20% Jan 25Va 24 42% Mar 75%. 1.014 68% Feb 79% Jan 11% 11% 11 Feb 13% Jan 31% 7% 31% 52 V) 51% 52',4 17 >8 17 17% Smelting & Refining (Un)—* American Tel & Tel Co —.—100 a55% (Un) American Radiator & S S American Tobacco American a 737/8- Corp (Un)--———25 Anaconda (The) Co (Un) 50 Arkansas Fuel Oil Corp (Un)——.—5 Arkansas Louisiana Gas Corp (Uni—5 73%, 836 , 139 20 Feb 23' a (Uni (Un) Corp (111i & Co 55% 56 % 512 52% Feb 65 15% 15% 719 13% Feb 16% 17 676 16% Feb 18 Great 24'V, 2,817 22% Mar 26% Line Coast Atlantic Refining Atlas 10% v- 5% 5Va Baltimore 43 Va Oil Jan Beckman Instrument Bendix Aviation Corp Northern Steel Jan 6 7 $1.25 Black Blair Blue Feb 4% Feb 7% Jan 38% 38% 40 520 60c 9c 11% 923 9c 9c 5,800 3% 4,972 > 3*8 47% % 48 V4 6% 4% 4% Burlington Burroughs Corporation a57 a56 a 57 Va !• 16 41 Cement 22 23 %• 20 19% California Canada Packing Canadian Pacific Carrier Case Mar Howe Sound Jan Hupp Corp 1% Jan Idaho & Co 13 Va Jan Illinois 13c Jan Imperial 15% Celanese Corp 52 752 class A RR (Un) ; Nickel Co '(Can) Tel Jan Intex Jan 10% 857 11% Mar ,14% Mar 374 34 % 33% 8% Mar 39% 780 30% Feb 270 56 14% .14% 92% 34 %' Commonwealth Consumers Natural Powder Continental Can Jan Liggett & Myers Tobacco 16% 16 V4 360 15 Feb 17% Jan List 10:,8 10% 385 10% Feb 113/8 Jan Litton 30% a31% 100 27% 27'/a 291 26 V, l 43% 43% 123 43% Mar • a— Motors Crane Co Oil 59% Feb 68 % Jan Martin 4% 1,084 4% Feb . 4% Jan 37 1.265 31 Jan 37 28 (a 437 27 Feb 32% Feb 17% 1738 173), 100 17% Mar 19V4 Jan 40 40 275 40 * Di Aircraft Co Chemical 48% 47% 110 13% Feb 6 % Feb 29% 578 28 % 30 34% 34 »/4 266 32% 5% 50% 5% 98% 98 % 29% 311/2 4% 4% 250 4 Mar 10% 10% 419 8 Feb ' 5% 31% a427f a 41% Kodak Co Natural al3 Products Emporium Oil Fairchild Co Co class Co Ford 1 "♦ Motor Foremost Co Co National National Biscuit National Distillers Mar National Gypsum Co Co 96'% Jan 32% Mar 107 Va Jan 699 9;, 10 1,125 103 1,078 32 41c , 95 V; 107% Mar 29% Feb Jan 33% Mar 11% 9% Mar -135 49% 734 40c 48% 40% 41% .818 B 38% 288 41 a 46J 613 13% al093« 2 4338 - 1,655 13'4 113% 40% _ all2J Van 36c 3,000 a45% a473) 41c. a47%'- //V 40 Jan 12% 105 Feb Mar Feb . 45c Jan 49 Jan 60% Jan 45% Jan Feb 14% Jan Feb 121% Jan 40 39% - Feb Jan 45 8% Jan 8 8 450 7% Feb 27% 200 26'a Feb 29% 40 V) 41% 212 40 Feb 41% 11% 113) ll7,, 385 11% Feb 13% Jan 2% 2:% 200 23« Jail 2% Jan a(:4l4 a65% 211 a65% 65 Mar Jan Jan Jan 67 8Va Jan 77H 8 500 38 38% 501 29:,4 45'2 38% 45%» 278 44% Mar 57% Jan 18% Mar 18% 18% 16% 7ai, Mar 290 16 % 300 16% 50c 51c 54e 4,647 29% 29 % 346 28 V) 31% 31% 592 31 1 39% 41 29% 51c 10c jan Mar 40 22 Jan Jan 17% Jan Jan 70c Feb Feb Jan Jan 30% 1,913 29% Mar 33 Feb 6% 6JS 300 6% Jan 7% 63a 6% 195 6V4 Feb 7V4 5') 53« 1.260 3% Jan 6% Mar 33 % 34 315 29% Feb 35 20 280 19% Feb 21% Jan 13c Jan 33% Jan — 29% * 5% 162:.c " 20 12V2 • 7c 9c 7.000 30% 178 26 26 80 33% 33% 1.010 30 % —5 25% 25% 110 24% 37% 38% 1.527 a42% a43% 145 6c 9c IO p a29% 5 26 coinlUni-" (Unt__^ —* (Un) 37% a43 a 27% Mar Feb Jan Jan Mar 27 Feb Feb 37% Jan Jan 26% Mar 35% Feb 39% Jan 37% Feb 38% Jan 26 Jan Niagara ; 10% Mar 37% Feb 23% Feb 27 V) Jan 1 37% 373) 333 363) Peb 40 V4 a8% a83« 165 8% Feb 9 Jan 1 7% 7% 1,350 6% Jan 8 Jan 16% Mar 17 Jan P. (Uni— 16;,4 1 1% 50c • 29J Corp Ltd_. 1, American Aviation American Invest 153 28 Feb 30 3/4 J«n 5%^ Jan 40% Jan Northern Mar 20 % Jan Northrop 20% 458 167a 293.) 830 31'a 27c -• 1% Jan Jan Jan 28% 35% Jan 31% Mar 15c 130.500 Feb 29% 559 20c 27c l'A Mar 150 l3a 2 307a 29% • Norris ■ ' • Mohawk "Power North 12% 36% a36% " Idri%<^Mining & Chem Co Central RR (Un) Norden 13% Mar Jan 703' 1 (Un)_— Jau 5% Feb 35 27% 123) a36 'a —— Natomas Y 11 267a 123« 10 — (Uni (Uni National Theatres Inc Jan 342 171 5 1 (Uni Prod Jan Feb 27c Mar Jan. 48 158 48 Mar 52 Jan a77% a 79% 200 75% Mar 91 Jan 5 5 Va 2,209 4% Feb Oahu ■ Oil Co Aircraft iUn) 66% Jan Olin 312 178% Mar 188% Jan Onomea 1 82% Mar 90 V4 Jan 33 V4 Chemical Corp 5 Sugar Co (U11)-. 373 33'% 2.460 31 613 28 Va Mar 31 a36Va a36 % 12% 12% 212 32% 37 Mar Pacific Finance 215 12% Mar 13 V) Jan Pacific Gas & Electric American Pacific Jan Pacific Pacific Cement Clay 37 Feb 41% Jan 6*c 120 19 Ve Feb 20 yB Jan 5Vr red 1st preferred 2.05 Mar 51 red 1st pfd class 1st 15% Mar Pacific Industries 260 36% Mar 38% Jan 30 V8 201 28 Feb 313/4 Jan 22 Va 22 Va 413 24% Feb $4.50 38% 38% 472 39% Mar Pacific *8% 8 3/8 505 8 Mar 57% 57% 345 53 55% 56% 1.330 16% 16% 1,756 45 43% 45 Va 1.560 20 % 20 V8 20% 1.491 Jan Feb Jan 28 Va Feb Mar 1C0 17 19 V2 Jan 2.15 5.535 2.00 Mar 2.70 Jan 2% 3.420 2 Va Mar 3% Feb 3734 3734 370 36 Vs Feb 41 Va Jan 45% 45% 553 43% Feb 50 V, Jan 5%» 5% 100 2'2 Pacific • $4.75 Jan 15% 15% 2.618 15% Feb 18 V2 Jan 213) 22% 1,073 20 Jau 22 V2 a4l a40 a417« 232 33% Jan 40 Ya Mar 48% 48'2 48% Feb 50 Va 31J4 26% 14 14 14 100 « Mar Feb Jan 49») 4,286 3134 32 1.181 Jan 32% Jan 26 26% 466 25% Jan 27 Jan 26 *8 26% 270 25% Jan 30% 27 V) Jan 223)' 23 470 22% Jan 23% Feb 10 57 57% 401 54% 57 V2 Mar 89c 80c 90c 58.100 * 38 37% 38 2,894 • 98 97% 98 75 94 94 % 2034 21% 882 128 128% 310 Co Inc 1 preferred ; Petroleums Ltd Feb 62% Jan Pan Jan 59 % Mar Paramount 16 Feb 17% Jan Parke. 38 Feb 47% Jan 19% Feb 24 Jan Penney (J C) Co (Un) Pennsylvania RR Co (Un)— World Airways Corp * 1 (Un) (Un) 21% 100 Pacific Tel & Tel common Pictures 16 15% 25 Jan Co 5Va Mar : 10 Davis & 4V2 Mar 2134 25 Lighting Corp com preferred : American 45 3 a 25 54% • 44 Va A pfd Indemnity 37 V) Feb 1st Pacific 37 % 34% red Jan 29% 22 Va Feb 25 650 4.750 Feb Feb 40 25 common 1.80 14 Jan 2lVa 20% Mar 10 37% 270 Jan «- 17% 2.00 2 5 Corp 19 Va 15% Jan 22 Mar 8 Aggjegates 1.65 11% 3% 39% 19 5 Fisheries & Products 19 Vs 10% Mar 2,504 24% 25% 17% 2 05 20 preferred Jan Mar 37% 293- 2.0C0 > 850 25% _* Mathieson 84% 10 % 190 20c 31% 10% a41% a423« a42' 20 > Ohio Oil Co Jan Feb 60 4 ' 55 V) 1.40 21 2.50 28 J I Petroleum Feb Feb 21 2.45 Mar 27% Mar 142 ;_5 Oil Co 56% Mar 30 19 ,1 Inc Sugar Co Ltd (Un Oceanic 2.70 29% 19 25 Pacific Railway Occidental 5% Mar 2.50 28% 1 —1 (Uni common.— preferred 43 V* 16% 38 Va 273b Fibres Auto Jan 55% For footnotes see page 46. , 3 15% "2 I—II "1 II'II 1 238 95 __i_.25c (Un) Co. 47% 8% I Calculating Fruehauf Trailer & Feb (The)I. I 1 Corpl~~?o Co Dairies Feb 40% (Un)_— 30% 22% Jan Jan '20c 10 (Uni: 13% Jan 5 Inc Jan 6IV2 k Feb 35% 811 al04% al06% - 2% — 84% Machinery & Chemical Friden Ward Inc Feb 48 5 AII (Un)__ Flying Tiger Line Food class Mar 14c Jan N Jail IIIII* com 52% ; 4,5O0 47% New 15% Federal-Mogul-Bower-Bearings 15c 36 % 36 - al05-»2 1 Utilities Feb 4.501 Fibreboard Paper Prod Fitzsimmons Stores Ltd 36% - 39% Mar Jan 18% 10% 110 a54% a55% *14e 15 c Janl 1.096 Feb 778 1 4 Co 38 3/) 178% al80% & - 82c Mar 36% Jan 19 V) 1.75 a543« 5 V« 4% Mar 53c Jan 30 37 18 3) £$I 20 ^^111" * _—I__l A 3,525 Jan 18% Mar 99 % 19 4 650 57c Jan 40 70 , —X—.—5 532 516 7~ 4»/2 53c ; 54c 128 % 1 15% 30 80c Jan Mar 35% Mar 94 Jan 87 % Jan 17% 124 15 V8 1.15 38 Jan Mar 98% Mar 94% Mar Feb 21% Mar Jan 1313/4 Mar Feb 18% Jan 15% 15% 433 34 % 33 34% 1,296 28% Jan 34V4 Mar a49% 1 (Uni a49V4 a50 378 42% Feb 463/i Mar 79 Feb 86% Mar 20% Feb ' • 82% 82 V2 82 "2 376 50 20 % 20Va 20% 1.045 - 19% Mar 11% Mar 4% Feb 14 Jan 12% 501 / v , 12% 7'a 1U111 706 -vC* 1,291 Corp 1.10 Mar * 56% Jan 104 a36% Jan 20 2.80 Mar t 11% - - . Feb 2 Jan 5% 293) Mar 19 (UnllllHIHH*5 29% Mar Feb I L—— 1 50% Mar 48 976 19 33% 610 197» Jan Feb Mar- Jan Feb 33 %c : 92 971' 58 Airplane (Un) Fedders-Quigan Corp (Un>_ Flintkote : : 39% 3 ' - Mar 50c Company , New England Electric System 145 3 40 Jan 17Vi 60 Chemical Motorola 34 V» Mar Jan - Jan (■ 71c ' -34 z. Cement 7% Febi 40 III.25 13 V2 • 28% Mar 303 235 1 (Un) 57 % Feb 40 ___10 (Un)- Ltd Eng 5 900 53% I 35% - 5 a29% a30% 5 19% 1 (Un » 14% ■ ' 56 3 8 II Co Capwell Co Railroad Exeter 335 1 51 rX CO % 53 5 a j__. Electrical • 15 (Uni (Un) Gas B Electric Auto-Lite Co Erie Co 43 V) -' 24% -t Jan ; Jan 11% 100 29% a36'% a373a *36% * — 15 14:3 4 77 7a Jan Jan Jan IIIIll50c (Un) 122% 37% Feb 23% Feb .. 1,071 40 ' 19 a * Li Portland Montgomery Jau Feb 29% a & Feb 108% 34% 1 Montana-Dakota — Mar 42% 5 4 Industries Paso a__ / 35. 29 7 a .11II—Hi Calif deNemours Class - 436 627 55 V) Mar Co of duPont Eastman a 45 351 (Un)I_IIIII* Co Co Dresser El 121 1534 Mar 44%' 5 _ Douglas Oil 15% Mar 7% I_* Class B Dominguez Oil Fields Dow 265 15% 5634 50c Giorgio Fruit Corp class A Douglas Monsanto _.i (Un) 215 Feb 28 255 common. Development Co Jan 7 Va 10 RR 26,664 10 North Grande 40% 29 34 19 (Un»^——25 Merritt-Chapman & Scott 37 50c (Uni. Rio fl'-illi 664 39 Vs 2 29% ' Mindanao Mother Lode Mines. Feb 563-1 __1 16% Mar 60'/, Co Inc Co & 33% 3% * Co Merck 289 36% 563,1 a 12 5 ; 121% 40 — (Un) Hi Petroleum Merchants Monolith 10 (Uni 475 * (Glenn Mfg Jan 36% • & Menasco 45% " 44% al2% (Uni .12% Records Inc Jan 60 Corp— McBryde Sugar Co Jan 413/) Mar Mar __5 : 28 % - (Uni_.> (Un 1. Navigation Co Feb 1.153 a41% a42% 1 Publishing Co (Uni Curtiss-Wright Corp com Denver & Mar 45 Co 40* 1 (Un)— Co (R Co 44 44'/a 15% 36% 10 Curtis Deere ' 44 1.33 V3 (Uni—10 common 14% 2,627 119 121% 12% Calculators Marcliant Jan Preferred 16-% 28 10c M Oil Co Co Matson 16% Steel Ind com__2 Corp Macy & 341 2.520 ; 44% Feb (Uni (P) M J M & 77 V4 Mar 17% 50c Crucible Steel Co of America Decca Jan Jan ' Corp Aircraft Inc 65 1,562 17% 1 Oil Jan 37 Va 173o 1 Feb 13% Industries Lorillard 32 3/i Mar Co Cuban American 68% Feb 34 % Mar Jan 25 Crown Zellerbach Industries Mission Refining (Un Feb 41 524 3% Mar Jan 59% 29% (Un> 2% —7 & Llbby Petroleums Ltd— Loew's Jan 354 (Uni. Crestmont 2% 49 Va 32% (Uni Continental Oil Co new Corn Products 500 29% Jau Feb 1 Co Jan Jan 1% 6,030 ' 173 McNeill Lockheed 32% (Un) Continental Copper & Continental 434 3%'. a_- — 32'2 (Un) 42) ) f 18% a20:% — 96 25 Gas Co Co ' 2 '% 16% * — Feb » Electrodynamics Corp Foods Corp Jan 56% 2.25 —— (Un> 86 V4 A—2.50 (Un) Jan 1% 120 : Co 324 28 'a (Un) 54 Va 1,387 — Leslie Salt 94 35% 27-% Edison Jan V Fell 49% Mar 180 2>a 10 Inc Lehman Corp Liberal 37 (Uni Consolidated Consolidated Lear Jan 34% Mar ♦ Consolidated Edison of N Y Consol 7% 31/3 System Solvents *81% 1% 3,650 : *<■ ' 2% 95:% County Land Co— Jan 4% class 4»V4 Jan 173% Jan 73% Mar - - 210 - '21c Feb Jan 48% Mar -417 ~ 4% Feb 67% 120 1% 49% 16c 1,100 • a76* - 11S - 32% (Uni 16% 61 Gas Kern 8% Mar 5/) Jan . 35% Mar Feb 3% 3,7O0 ——— 14% Mar 1 Feb 32% Mar 35% Mar 402 4 70 75- •• 1.00 Kaiser Alum & Chem Corp com 153 10 Syst . Jan Feb 61 Commercial 43% 6,1 74 V4 Columbia Feb 100 3,650 72a,, Broadcast 125 49 10c Kaiser Industries Jan 7,1 223 Columbia 35% 38 773 Feb 8 Vti - 393 Iron - 21c 70 - a 1% Corp (Un)— f, Laughlin Steel (Uni————10 & Libby - 3 V» Jan 2.55 Oil Jones 39% Mar Feb 32 y4 208 34%, & 70 a75-'% 33%c Jan a 26% M*r . Jan Feb Mar Jan CI3/) Fuel 2.60 29 % 19 Vs — 9% 3 Colorado * '-■* 21c V jUn'i.—.— * (Uni. Tel & Co 100 34% Co_. 71% 24% Jan , Feb 43 Jan Oil Jade 6134 Chemical 4 Johns-Manville 3% Clorox 746 a35%a35-% <• Paper Co Jau 34% Corp 1,260 32% Jan 36 15/64 Mar .. T Feb 60% Jan 100 2.95 31- ——10c International Jan 61 % Clary Ltd International Feb 1 (Un) 26% 2.90 —_1 International 8% 8%---: Chesapeake & Ohio Ry (Un) —"—25 Chicago Rock Island & Pac RR (Un)..*' Chrysler Corp __25 Cities Service Co 46 39% 90c (Un) Jan ..1 Aircraft Ltd 59% Mar Feb 13 — 63% a307s Vought Feb 413) 24 % (Un):.„J Co Feb _1 Champlin Oil & Refining 44 345 12% —__ — 57 Feb a57 a61% 1038 Chance 545 46 11/64 Mar 10 Jan 100 a60% * Cha'rter Oil Co 392 59% 287a _* Jttfi 20% 3334 ——1 Co 66 5 « 34% Mar . 2.55 : 5% 24% 33^ of America. Aircraft 1,082 24% — (Un)— Harvester 45% 6% Certain-teed Products Corp Cessna 6 53 4,596 42 1 18% ' Jan Feb 35:% 3——1 60% Feb 3% International Feb 8% 10 common— , 57% 2.90 1 50c (Uiii_ Development Co 3% Mar Mar 43% . 6415/64 12% Co (Un)„ Central Feb 7V 12.50 Caterpillar Tractor Co 35% 2 1/12 ——— Feb 25 (Uni Jan 7% : Maryland Mines Corp 38% 39% . 1 (Un) 4% Jan 38% Mar Jan Co 19% 10 Railway Feb 24% - 17% 2c (Un) Corp (J I) 5 Co_ 4% v 1 Corp__ 1,120 333a 5 Oil 325 (Un>—__1 — Mining Co Oil 397% '39% Ilia 1 5 Petroleum Atlantic 4% 25 Ltd 9% : 9% 11 >8 11% 9 Corp Southern Canadian Feb -12.^0 (Un) 1,972 20 834 10 Co 16 % 41% . 46 *: A Kennecott Copper Corp Calaveras Jan 471 65% .———25 B Honolulu Feb 45 Class Homestake Jan 47% Feb 2.90 598 / 41% 23 _. 15 V) 59% - _3 (Un) Co 62% Mar 6c Oil 40 Feb 11 252 47 —10 (Un)- Feb 1^75 7,405 \ 42% Electronics Jan 1% Mar 3.015 - 15% —5 pfd— 43% lbVij 41% —if*- Co_, (Un) 9 41% Feb 1,585 478 3% 5 pfd Industries conv 11% 1134 15 (Un) 39% 16sa. __1 preferred 5% 57% Mar 3,371 8.635 5 Company Finance 105 1% 43%- - 1 2 — 37 . 1% 41% 423) 5c Broadway-Hale Stores Inc.— Budget a57% a58% 8 1 L .43% 38 3 4 35% 5 —— Engr Development Home Jan 41% (Unj_ Borg-Warner Corp Budd 47 174 Min 43% 4Ja 10 - (Uni: Co. class Oil Corp Holly Jan 1,300 Corp (Un) Borden Co 14% 2,733 5 Co Oil Chica Feb 8% Holdings Corp (Uni Diamond Corp— Bolsa 12% 4%. pi Cons Boeing Airplane 225 45% 2 Mammoth 12 34 8 Bishop Oil Co— Jan 10c — — — Aircraft Hoffman Jan 4a4 (Un)) 734 6 Jan " Hancock Jan Jan 45% (Un) Corp Mar Ry__ Hertz 4% 8(4 (Un)— Benguet Cons Inc Bethlehem 100 i____ltr , Oil & Chem Jan 6 —1 Inc„ —19 (U11)_ Jan 1,171 4% —_—100 (Un) Co Co Hawaiian Pineapple Hercules Powder Co 2,100. .; 1 RR -'6 Va 38% 1 ; (Un)__— 11% 9% Jan 921 5% 123) (Un)„13 Co— a 1 47 Feb 1 Ohio & Petroleum Bandini Bankline Jan 61 —j—5 City Steel Co (Un). Holly Oil Co Corp & Gulf Oil Corp 42% Mar 413) Mar HO' 6*8 6% 3 Baldwin-Lima-Hamilton 597a . v (Un) (Un) 100 45 10% 1012 Corp Mfg 4134 45 (Un.) Corp Warrants Avco 41% 10 (Un)— Co 24% * RR R) Grumman Jan Ashland Oil & Refining Atlantic Feb . ' Co Greyhound Corp Jan 22% 52 % Jan 16'% 4 Co of Calif-.^; Great Lakes Jan 15% . 2,512 6% 5 Co (B F) (W Granite — 56% -10 ——-5 (Un) 1 Atch Top & Santa Fe (Un) com__ 10 Steel Armour Feb 58 3 » (Un)—2.56 (Un) Graham-Paige Corp ' Armco Humor Grace Jan ■ Co Goodyedr Tire & Rubber Jan a__ 61% -10 (Uni— Brewing Goodrich 72% Jan Feb a__ 290 22;% 77% Feb 57% 2,828 fi a37 22% 31 Good Mar 37 73%> Feb Jan J.__„——i—1 Brothers Goebel Jan 179% Jan 72Q - 64, a36% 17034 Rubber & Glidden Company Jan 56% 52% 5434 16% Uni— t iUm Products Corp Gladding McBean & Co Feb 18% Feb 46n4 Mar 852 (Uui„10c Gladden 8%;Mar Feb -507s Gimbel 54%' Jan Feb 16% ■ 2,953 34% 61% 63 % 48% 140 178 33% Viscose American 1,561 54% a55% 32 % Feb 5 696 - Feb 31% Mar V 1.348 8V« 177% (Un)———.—25 Co 302 : . Utilities Gillette Company Jan 40% 244 56% 1 Getty Oil Co common— Feb 20% Mar ,638 75% 5 General Tire Jan 42% 819 Public Telephone High 48 0. „ —1%' Corp Low 58:% 48 13 Jan 42 % a223s &223,4" 20 (Un)_ General Feb 24 173 18%) 24 Mar 32 % Mar Service Range Since Jan. 1 High 58 Corp common——.—— General Jan Jan 24 public 48 Shares 43% Co Jan 34% 113% 31% X IVi (Uni- Factors American Potash & Chemical———. 9534 1C4 161 4 General 7% Feb 1.634 86 3 Paint Low 1 General Motors Corp com— General 54% Mar - Feb 126 * —5 Ltd American Motors Corp American Feb 33(8 a 18%; Inc————1 Electronics American Jan 5% 430 Electric for Week of Prices . 2 — (Dm., —; General Exploration Co of Calif— General Foods Corp (Uni——. Jan 96c a85% 85 V 125% 18% com 47 441 ■;": 14% Feb 62c General 42 % Mar Feb 10% Mar i. 46 950 alio alll% * (Un)—_,—1 American Bosch Arma Corp (Uni 2 American Bflcast-Para Theatres (Un i_l American Can Co (Un) 12% American Cyanamid Co (Un)-— .10 Airlines American a (Uni Petroleum Amerada 6% 32% 33% — 231 ' 54 * 6% 6(2 1 (Un>—18 —10 Alleghany Corp (Un» Allied Chrftaical & Dye Corp Aluminium! Ltd 54 * (Uni_ Allis-ChaHlers Mfg 89c 3734 270 11% 81c 83c —10c % ; General Dynamics Corp High Low . 42% 11 % ———i——.....—.1 Corp High 42% 5 Laboratories Abbott Admiral Corp Aeco Low Par Last Sale Price Sales Range Friday STOCKS Pacific Coast Stock Exchange ' Number 5625... The Commercial and Financial Chronicle Volume 185 (1549) 41 OUT-OF-TOWN MARKETS RANGE FOR Friday STOCKS Week's Last Range Saie Price Co Pfizer iChas) & Co Inc Phelps Dodge Corp lUni Philco 1ft HOe 48% 57% __3 143A ; Pullman Inc Oil Pure / (Unj_—__: Rayonier : 45 . of America (Up)———•'• > 4 ■—1 common »t 1, >> 5 _____50c t\.. Revloii Inc ' ____L__—_L 1 L- 1 Rheem .Manufacturing Co /Rice Ranch Oil Co 49% 20 ' '■ \ 18% 8, Rockwell.'Spring /Rohr -, Corp_L Aircraft 1 ,1-t ' LiiV 46% 37% St *"■' • 7,. ■. i Co Paj>er __i" i.— Oil _ & Co ' 2 4.88^ ■I V 1 cum v- y ; Stauffer V ; , 238 7 950 : 151 2,689 -L-' 4 ' ' *' ' a45 HO.14, 81 *4 53*2 54*2 885 22% 30 ^2 4% 1_; 30 ' . 4% 4% J 21% 21% • —__5 / »V 5/84 Co_^._-________:__%-_* 42% 44 i ___50c _• 20% . CaWorniai____6,/4 (Ind)l___a__ l_i_25 Co of N J Co (Ohio) (Un)— ' 500 20% .1:57. 7 48% .50%* 51%. . 57 - LI. . a39'%V • i,7 % ' 1_" Warrants 293 ... . 35 30% 30 United 33 % " United ' Fruit United . Gas Co__: Corp ' Industries Inc U 6 38% :___1 29% 15% "_*1 25% L*~ U S Rubber 27 Weill ,39% 8 ,28% 29% 32% 488 25 221 „ (Un : 53% Feb Jan 22% Feb 1,145 27% 275 1.010 79 47% 647 32% 39 428 295 573s 59 % 54% L 1 2.00 55 /Raphaell^_7_'__7^___iL.__lGO ' 75 . 75 I : /"' tr • •Ailegheny .- 80 • —;L1__ L Gas Equitable Lone McKinney ' Star- Natoo " •125 25' 22% / '31% Feb 15% Jan ' 28% , Feb 34% Jan L * Feb 57% Jan 1574 , 32% 27*4 Jan " 17% 26% ' -369' 539 - 78 Jan .62*4 Mar ■j, , 6%- ■' >t0 16% 387a Jan Feb 6% Mar Feb 35% Mar * $2,000 •38 15% *' : "311 77% • 6 3 a' Jan Jan 27 78% ;* 72%. Feb ; i-,eoo 579 36% 1734 Jan 24 - 251 • -17% Jan Jan 37*4 Feb 77 . 387s Mar . 82 Feb Feb $2.50 ' Jan San Low Low 61% 17*4 62% 28 53 37 *4 12 35*4 16% Feb 17 y< 17% _ 100 27 % 5 17% 2.50 25 2 % _ 39 l-i_l 1.375 39*4 175 16% Mar 18 *4 Mar 7574 85 7% 2834 29% Westinghouse Air 80 Westinghouse 29*4 » 5 —Z_—10c 36%. Mar Jan 11 92 65c 6c Electric Corp 30 _ 26 6c 8.000 30*4' 54*4 55% '37 7 Jan 2974 Mar 6c Jun 5c Jan Jan 80c .'Feb. 14*4 38 400 *A Jan 774 Feb Feb Feb 112 2974 ; • 55% 7*4 31% 60c -15 7 , Feb 200 14% 7 __ • Brake—-—.—.. 10 12.50 6c » V 170 : 14% 5 1 common— 41 Mar *4 33 % Glass Feb 274 Jan 18 7*4 8tates , 79% 65c Engineering & Foundry Co 2*4 Feb 37" Feb 1% 18 % Mar 18*4 33% United 34% Feb 79 *4 • United 167b *4 18 _•——______1 3% Mar 31% Feb Jan 1 %" Jun 75 . 79% 10 Bolt Corp ; Jan 7% Mar 31% Mar 2% Corp.—4„___5 & 18 36% Mar Jan 88 18 ' 43% Jan 5*4 Jan 200 : G2% Mar , * ' " / High : Feb 211 ' ' Jan 37*4 37*4/ 1% 19% Mar Mar Range Since Jen, 1 High 33% — Screw Oil , . "Shares 31 Mining-^ Toy for Wetk' - ef Prices 1% Forglngs Co Sales ^ Range ... 3074 pfd-___vit_'__i-___ ,Co_ cony Exchange / Week's Last 33 34 Rockwell Spring & Axle . •'•• 34% Jan Mar ,*17% Jar) . Jan 110 72% 82 31 Ve 257 Pittsburgh •* Jan Feb Jan 7% Renner • ' 14*4 38% Plymouth Feb Mar 21 ' 7% Corp ,J_: Pittsburgh 55 : 36*4 Pittsburgh Brewing Co< common Mar 16% / ; • Pittsburgh Plate Glass Feb Feb / Jan " 883 >"08 _-l Co Gas Feb Feb 14 1,115 ; A' : 77*4 • Mfg Jan 2.00 Mar 347a 40 .10 7% Mar, 10 _______6.50 —w_____4_—10 Jan 40 Jan ley* L Co Jan 35 Jan 36 2,484 .61% Brewing Co of Pittsburgh__5 Duquesne Jah 17% 33% Jan 62% Mar Jan 1,007 36% _1 Columbia Gas System—; ■Duquesne Light Jan Jan Steel Co , 35 49 792 Jan 56*4 38 par 49% 292 • Ludlum Blaw-Knox ' - 36% Friday '. 57% Mar ' Jan; 22 % 27% 17% A_____1975 ;• 33% Feb . -:/': ' . Feb 250 ' 14T4 46*8 Feb - 1,147 26 ~C ■>/„■' ' 30% Mar •3,235 3.50 36% 14% Jan Feb 32*2 Stock /' , "47% Jan Mar 13% 32' •77*4 6% Sale Price 8834. Jan * :: Jan '35 : t r 40% < 3.843 18%,. 19%' 36 % _n STOCKS. Jan 42% 7 47% ' 20 59*8 26 > ; k* V. Jan 31% 45%. Feb 923 '55 Power//i^_^__i___» J ;* 60% "18, Jan 27% Jan 17% Mar ' • -5 ser Feb U 25 . 43% 32*4 ■ Jan 73% Mar 33"8 40*4 ,18% 365i» A Mar Feb 3Z"f4 ; 1 15% Mar Feb 6% Jan 3,173 14% — f i Jan 26 29% Mar 412 15% • Co "v./v-BONDS-,.'I Jan 113 Feb 17 366 ~v 8% */4 2.00 • Gas *,'• , 19 % Jan 39% Mar 103% .Feb 1,045 \ 27%, 277 27% ———-'—1- L 25% Feb 35*% Feb 52 Feb 76 15 21% * Corp Jan 37% Feb .11% 915 Jan 25*4 10 14% 31*4 59% Baltimore Transit Co 4s 29% Mar 1159 213,4 -14% ; * 14% 50 Co Co' r ■ Jan ;» Jan Feb 59% !25 —1' * 20s8 26% 29% 32 <21 ..9 40% __ .33/ - Feb 3,325 Jan Jan 26% Mar Jan 7% 177 _5 / Jan 4,614 : 17% 44*4 Feb 39% Mar 34 ■21%- 31% Mar - 3.203 8*0 14% 37 "~A: .35*4 May 59% Mar J- * 29%" Feb ... 39*e 8% 1•/ Jan/ •; 1.342 *38*4 3 46% L - . . Mar 23% -473 ~ 8% _10 ) 15% Mar 5 - 8 383/4 1 Jan 77% Mar .11 38% Mar - 340 • ; Jan Jan "'37% ' 50 • 10 Mfg 98 Feb .Jan 54 100*. ' - 60 *2 34 5 — 31% "• 128 -•- ■ 13 % 59 V2 - - 11,006« 44 3 a 20 7 _____———l-vV United Gas Improvement— .__13*a ;',J Universal - Corp ____/__19.30 '•<•,. Washington.Gas Light common____—_* Jan ,;:"2 " 13% 43% 20% 41*4 Feb 34% Jan - Feb 20% 1 Jan •'--•• - 44% ' Jan -530 --- 39% 34% 65% Mar Mar 15% 3.427 • 16% 20% 20% Mar 93 Jan ;.11% Jan / 32 ''-16%' Mar •"! 407- 33 % v ' 1,031230 39 % 4 39% '•> 34%' 'v - 247 -- 38% 15 Jan Jan 7% 34% 25%' ' 64*a 57% 16r,8 • 9% 2734 . ... •! 28% Mar ; 335 16% 41 * Jersey -United ; 40*4 Jan 14% Mar 15% 32-, South -Jan * %*_2 • % ■44% . 28 . Mar 27% " Feb Mar Feb ■ 39 26%: Feb 180% Mar 30% Mar 34%; Feb"' 33%- -16% "■ 37 Jbn 51 * Jan 662 27% Service < * 8 18% Mar M0 153y 878 1 Water Co A- ;?7% 53 35 36% : 22 ' /Sun Oil Co-— , 31% / 334 55% 55%' 16% Scranton-Sprlng Brook Water Jan .27- 28% • ■ % 27% Bcott Paper Jan - a :• 906 ' i 7 ; 13% , - 70- Feb 100 18 2434 *,• 17%. Jan Feb- ' r- •: 45 22 r $1.40 div preference com— Reading Co common.— . < - Jan 60 -56 Jan, 47% <Un)___l__;_^__Li__I____'. Washington Feb Jan 1,253 •: -18 27% 1 Victor Equipment f , 46 % 50 - . ' 1,029 vl• L Co_^_—: L Public Service Electric & Gas com Jan 51?/a 54% / i 77% Steel Co 34% 25 Jan -.12• Feb 18% 10% 45%' 36% ;v : 5 Potomac Electric Power common = 49% Jau 40% 17% ' 17% ,___10 common. common k- Feb 1.273 j4% r 74% 10 v / 72 % . '80 •'• T9% -34 *b 15 Corp •" Jan;* 2674' Jan *; 12%'/Fdb1 55* * 19 34*2 -' 28 •' 705 ■• • 93 ' '.v.- 623 -.'-• vtc__ Co Co " 30*a 29% Corp common_i.__:__, 16% Universal Consolidated Oil Co___:____10' ■Vica % 23% -93 , 2 -" 12% 11 y» 31*4 10% 31 .r' r common Progress Jan 23% Mar Feb 6% 395 2o . 53 :_____ 1 46% 332 107% 107% 12.50 Plywood Corp .".US Feb ' a .. 1,787 . *85(8 :»3 % . a—___)0 (Un) U 8 - •\.T. Corp (Un)_"_L ;___a_5 (Un)_______-_y^___-__ 1 Corp 63% 28 V8 T High \ t53B Mar '170% -96 & Navigation—.:-—_10 (Glenn L)_ 1 1 Philco ' ' 26 '175 35 40% J4 %* 'United Aircraft " Feb % Mar- Mar % Jan ' 2,034 19%- - -495 - *% Union Sugar United Air Lines.Inc.; '* V'*' 230 ■ ■24% 24 63r'"8 Unioh Oil Co of Calif.:_r_____.__l_____25 Union Pacific Ry Co1 (.Un), 10 r... 53s'8 51 40% Co_____'_ Twentieth, Cetitury-Fox Filra'(Un)_ .-TTnioti Carbide Si Carbon (Un). ' « Jan » Feb 2634 Mar s 214 «•' 347/a 72% i.66% Peoples Drug Stores Inc— Philadelphia Elie^ric common Philadelphia Transportation Co Jan 22 % '"50% Mar '.'• 14 70 5% Jan Feb 11 227 845a _5 Corp L (Uni (Un>____ 20 43 3b :'« 1,8o) 7 .^7% ' ' 1_ x_'_2 Products 42% <380 a39% a39% ___; u____10 Corp Mar 1^ Mar 51 z~*. Inc.l_____ 4 •'* - 30% 28 *a • L.V , 2 Watch 79 - ' " " __25 Airlines Feb —18 89%. 5 _1 25 4 Feb 22% 20% j.09i.; a27 *e a27% 7.50 eommoD.1 24 18 1:8 % Co Jan 31 .1^., 25 Oil Mar ■ "12,990 .. .1—5 (Un) 41 1.417 48% 51 % 7 / CoT_ Sulphur Co Jan _ 944 20% » 47% (Unt^^—-—1-10 Corp- (Un)____:_ 39% H u ■ 5 —__— 30 ■1 •12% '•/: xi' Merck & Co Inc—.■ :,.__w_!_X__16%c Pennroad Corp 1 Pennsylvania Power & Light com • Pennsylvania RR 50 Pennsylvania Salt Mfg 10 ■, Mar "120 Co>of yri-Oontlnental / , 48% Mar 26 2,487 43% 1 -45 -114% Mar Low 48 * •*. 177% 178% ; ;/•28%- 13 Dairies (The) ,Martin - 19% Feb Jan 22 % - 20,716 : Mar 45% , Jan Range Since Jan. 1 High 27 ya Lehigh Coal 30% Mar 22% ___ . 18 25% Mar 30 Motor Co— Hecht Jan Jan Transamerica . Jan *56 , Jan , __25 (Un)_i_ .TreeSweet 63% Feb 29 251. A ser (Un) World ./ 22 i pfd Co -$1.25 preferred Trans i *' 48 Shares .. 46% - !\v177%1. * 1 preferred ______50 Corp 6% .partic pfd_50. Secur Hamilton Feb 54% Feb . 20c fw Week ■* - 27% - 47% — General Motors Corp Gimbel Brothers : Mar 45 100 i — non-cum Foremost , Jan -49 602 /.'-preferred 't 88% Feb Feb 235 pfd Gas Chemical Tidewater * Feb -: 45 174 ■ 50c r 77 42% - V __—i Duquesne Light Co si 1——10 Electric Storage Battery___.—___—10 Ford Jan 282 Oil Gulf Jan 4% 41 ■M . , j 4% Mar Feb 41 '%Texas Co fUn) . 29 - Jan 2,816, , -rTexas / Jan a23 a23% Sylvauia Electric Products. / -17% 4 255 •a:-,' '• 62*4 Mar Feb Tel___ & Low — --62% Mar Jan 3% 8,473 ./ ;Mar 102% /"Si Jan 65%. -Jan- Sales • , Range ; 27*'B Budd Company — iQ Campbell Soup CO__ —i ___1.80 Chrysler Corp ul,—_; 25 Curtis Publishing Co____ 1 Delaware Power <ft Light common__13*/a ^ .21% Mar 26% Feb -106 r 49 a45 $2.50 Jan 600 ■ . 7958 -45 v ' 59 57% Feb • Jan ,30% Jan . Mar 43 Feb :20 ■ Feb ' —I Co Baldwin-Lima-Hamilton %_.— .• L Jan 150 4'« 79% 49 . ' " / 4 4- 4c 1% , Fdb -16% , 555 150 of Prices Par —/__-_10 v;. Bal fimore T r an sit Co common—i ,. Feb Feb 48% 2,5:11 ' L. Jan 27*2 < *, -Sunray Mid-Continent Oil (Un)_^_l_Ll - Mar .19 866 X/. , Tel '•'• • City Electric. Co;—X——-6.50 Banker Jan 23% a23 Oil Co 2c 100 . • Li. Jan .48 Jan 1% 220,934 •./.. 26*!» Feb 21 . pfd______ 25 pfd _____________25 .' Sterling Drug Ine common (Un)_^_ ./' Stone & Webster Inc (Un)_________ 1* Studeba^er Packard & 39 2,486 100 > Swift 20% Mar... . 354 . ,,, 100 Oil - 16\'b Mar, 68% Mar ■ Corp Atlantic , •37% Mar 1,841 Stanley Warner rv Feb 18 Oil Standard - Feb 11 ;'-61% Feb 498 28 1 1 -:L 32 V2 7.598 Last ■ common. Stores -American Arundel 47% Mar 4834 Sperry-Rand Corp '*J> Standard _ Jan ' Steel Wood American - ■ Jan- Feb 18 Pacific Staxidard 29% 37% 39% 2.180 _ , ; f" Alan . ■ Feb 34 % Mar 59% Li__i Standard 25*8 . 40 1.217 . Spiegel' Jnc common_L_ ____7-__l__c_2 •'./ . 29% Mar 28 Co Southern Feb 26% 47 7 B Cal Southern Jan 28 ^-Rights ■ 67 28% Jan ./; 22.0 . 37 Jan Feb Jan 1.070 ... 35 99c 63% -18-4 4 25 Y common- ^.-'•Southern California Petroleum__r_ : Feb STOCKS Sale Price 26.. , '•' .. 103% a Week's Friday / 305 48 *2 cum Southern r -v conv 4.32% 4.24% 90c 43% Feb 26% 16c Jan; 56 34 . / 278 47'* 13,300 43* a99% __ Jan : 53 . . Jan- 21% 27 V"4V» 25% Feb lii.% ___! preferred 4.48% l T £% 400 52% 177 Jan .13% Mar Jan Feb ..... 696 18c 47% 24*% •, 23% Mar .22 % Mar - 55 53% iov».Mar; Jan 59 -16% Jan 10 18 Vz Jan 7% Feb Jan 20% Feb ___25 Calif Edison Co Southern % _LL 48% 34 . Jan 5934 Corp (Un)_^______ 15 .. (iijj, Socony Mobil Oil Co (Un)______i'_^__l5% - 54%' Aircraft' Co___ 5% v 165 665 16c 43% L Sinclair Oil Solar Woolworth IF W) (Un)— J>ia Youngstown Sheet & Tube (Un)_. 1 27% _2 Cltfr-SS' Jan Jan 16% 17% 34% :________________7.50 Signal Oil & Gas Co'class A±___% -35 % 18% 30% a 30 ; 17c 18% , Co___i.l_!__________Ll3 Seryel Inc (Un)__—%_ I Shasta Water Co (Un)__TL_ ;___^_2.50 Shell __10C _7_ Seaboard Finance Co com____________l Sears Roebuck Williatoa" Basin 31% . 537« Jan, Jan Explop_'__ ■*; i5i .. Feb 11% Jan 55% .Feb „ ' Feb 94c • , - Jan 21 % 959' , 55 65% .27% Mar . al8% 45% 413 I High Mar 9% Mar 1,585 23 ' 30 46% Oil 736 a56% a58*4. al8% Jan . Scott : % (Un)__, L_250 Telegraph 77c 2*646 , 13% .12.50 Mar __ 1 —^10 Unioh Feb 60 - 23 13*8 a57% Westinghouse Air Brake (Un) 58 29'%28 %; : 35 23 25c Jan 10% 27- 4812 46*2 (Un). —-_5 Jan- Jan 66 28 . * 46*2 Low 93a 17% 54% 90c 29% 9% Inc Range 8ince Jan. I High 9% 38% Mar 350 %A L 15% v16!e Safeway Stores Inc_______-»-_ > 11- *65% ; 05% Lou(s-9an Francisco Ry (Un)' "• 1, " 20 >2 20%•> St Regis Paper Co (Urt) '_"L___——5 : >111 40'a 40'a San Diego Gas & Elec com—. ___._10 21% 21% 22% San Ma uricio Mining p 10 " 2c 2c 3c 1 Sapphire Petroleums Ltd 1 .■/>__• x\{ 1 iB« Schenley Industries (Un)__ ____1.40 21 % 21 21W Schering Corp (Un; ____^ 15c 80 ;■ 82:;ef ■*' . Co (Un)_,__5 Low 85c Dept Stores—,—1 Pacific :Ry Co______ Western Shares 77c 53 1,507 66 Roos -Bros 1 _l:—,L—— __—_—__ 1 Royal Dutch Petroleum .Co (Un)__20g Ryan Aeronautical .Co«—, 1 -1 S and W Pine Foods Inc___._l.__-. 10 - - Axle & Insurance Lines for Week- 78c Western 18*4 26% __ Sales , Range of Prices ■ 1 Westinghouse Elec Corp (Un) Wheeling 8teel Corp com (Un) 1.143: ..... Week's Last • —__1 _____'— Life Air (Un)L_ com Jan 1,128 90c * _25 Feb 16% Feb 3.891 _ „, 6 58*4. IB 1 (Un) 10* 55% 58% 1 45% Mar Jan 43% • 1,212 . 22%- 10 * __ . , Feb 5% . 200 „ - ••/ Western 199 20>"4: 22 *-2 % *—_—_1" '.Richfield Oil •. Corp_ ; "/Riverside Cement Co class A ■•■V. „ (Un) Coast •Western Jan 358 . 52% 120*2 Inc Co 1_-L__i_____.l_2.50 Reynolds Tobacco class B (Un)__^_—10 427 : 17 8-8 • Rexall Drug ^4*8 17 *, . West Jan 17 % 1,055 ' a27% azb"<« » —. 10 . 33 - a26 __ 50*4 Mar Preferred 63 * Inc '•' Jam Feb 143 39.% 1.25 Westates'J^etroleums Feb 200 ' a60% a61%' - Par 22% Mar . 53% -1.813 .. - Feb .. .,..41% 100 18*4, STOCKS Saie Price ..14% 507 - 29 / High Feb Mar .45 487 ... 45 *4 38% 80c ... .....519... ._ 14-*% 10% 38% i (* /Reserve Oil & Gas.Co—_1 • 1,473 43%- 44'a '. ILL *- —5 %v-Rayt«eon Mfg Co (Un)_L. I % Republic Pictures (Un)_— ?>*, Republic Steel Corp (Uil) .. 57% 20% 392 14% 16*4 3 (Unj_;— Co Radio Corp . Pulp & Timber— U 50%-; 5% >5%v , Puget Sound Y*' Low 42l4 . ,* Range Since Jan.4 535 90c , 56% 5 _ Philippine Long Dist TeliUn)____p 10 Phillips Petroleum Co__ L__u—5 *.i. 21% 50*4 ;__12% (Un)_____—*■ Philip Morris & Co i.Un)-„ ii'' ^ Corp 21*4 80c 1 «Un) Shares High 1 _ ENDED MARCH . . Low .33*be (Un) Chemicals Petrocarbon WEEK Friday for Week _ ef Prices Par Pepsi-Cola Sales Feb Jan 7% Mar 26% Feb 00? 307b Jan 52% 1150 { Jan 17 Mar 58% .Twn F^b CANADIAN MARKETS I 1 ! i xi RANGE FOR WEEK ENDED MARCH 29 f rMay ,,V:' ? Week'-* -- < •VOCK• , l.aal i ^ , *at*Prl«a Kales * af Prleaa * *»s Wee* • Ifcam < ■■ -h CMtilii fatlf Friday STOCKS Last Sale Price . - /- *'/ Abitibi . ' .■ Power & Paper common-— *, " $1.50 Algoma •f Prices ~ 33 % 3274 ' -Shares High Range Since Jan. 1 • 33% Low 23 « ;■___ Canada 126 • 120*4 pfd__50 4674 1 4%ft 118 Feb 35% Jan 22% Jan 24 Jan Feb 127 Mar Atlas Feb 12074 Mar Bank 7,015 110 2.486 107 *4 150 45 Feb 48*4 $2.50 Asbestos Steels of Fust quotations ■ - * all on Canadian securities. Orders bandied* all on Catiadia n » Stockjfcxcha nges through otjk Canadian afjiHatf u hich has a direct private wire I,,, from coast to coast. Bell W. C. Pitfield & 30 Broad Street Telephone see page 46. - 31 26% 27 44% 225 41% Mar 42 * 29% f1.185 ; 24*8 Feb 50 2,305 56% 367 55% Mar 973 38 150 35*4 Mar 385 56 275 33% Mar 41 .10 * . 53/e —£1 -50 Light Bank British American Oil & _ " 57 34 44 44 3 53b 5% 5.347 44 44% 290 42% 48 190 47% Feb common , 46 *4 9% 7,033 a31 2 46 47% 5.571 a80 *4 aRO'4 80 80 50 90% Jan 7*4 Jan Jan 5% Feb 44% Mar 48% Jan 9 Jan Jan .-'46*4 4.90 Mar a31 938 Co_ Ja n 40 Jan 47% Jan 58% Mar 44 I 59 40 Jan 5,994 Jan Jan 42% Mar b — 47% Power Note 56 44r>8 -25 .100 American 35'4 33% T_ British 41 % 35*4 56*'a 4- __—— 38 " Feb •: 47 Feb % 29% Jan -54*4 Jan Feb 48% 56 *4 -25 Jan 33 2.557 , Mar •48 Jan 49 Feb 9% Mar Jan Mar 30 43*4 33*4 Jan Feb •47% Jan British Columbia Elec Co 4% preferred a80"4 .100 - 4%ft NEW YORK • ■. preferred 4 % ft. .preferred 5ft 4Va% 95% t -50 -50 -50 preferred Columbia* Forest. ProductsColumbia Power L—: 49 43 9512 45% -100 — preferred British footnotes 30% 100 1 ., British. For 42 17% 56*4 Rationale preferred Pap class A Brazilian Traction Telehpe: NYl-1979 -42 46 Feb .10 5*4 ft Tel: HAnover 2-9250 42 • 51% Feb Feb 1574 -10 Corp common preferred preferred 5ft 48 ' : Jan 40 ^ — Bowater Co, Inc 48 ' ■r - — B Class 60 > 50 335 ; Scotia Pow & -50 — Canadienne -Bathurst 43 16 % 27 L Ltd— Nova 43 25 16 *4 -50 — Eailey Selburn 5ft J. • ft*7 51 30 74 ——'-4- Montreal—— of Bank Jan —X » 1 preferred Corp Banque - Range Since Jan M10* -51 1 pfd __50c Ltd common $2.40 preferred • , 30% 127 4674 High 1.250 23 Corp Argus 2,630 118% 12034 46% J 51 Anglo Canadian Pulp pfd—— Anglo-Canadian Tel Co 4*%% for Week - " Ltd Co of . _1_20 Steel Aluminum Range AaD Sales ' preferred Aluminium Week's, "" Low Par . > •>•, 44 42% 43 - 451'2 -49 12 11% 44% 46*4 44 4774 Jan 225 ' 41 50 L355, : > 11 4.125 ,41 * Va Mar 95*'a Mar 46 Jun 150 ^ 12 447i . • 80 / Jan - Va Feb ;4 Heb--- Feb 50 Mar 43 .Feb 13% Jan 746% Mar J? 42 The Commercial qjid Financial Chronicle.. (1550) .Monday, April 1, 1.957 CANADIAN MARKETS RANGE Friday Week's Par Mills Class High 431/'* 43% * B -- ? 7 2. /5 2.75 2. <5 400 2.50 Mar 34Ma 265 100 Jan 4.05 35 4.05 29 Va 4.05 4.00 Jan ; Products BulMing Gold Dredging Bulolo Low 43 Ma A 5 7. Power • common 65Yu Preferred Low 705 High 46M2 7 in? Jan Jan Powell River 7 Mi 43% Mar Canada Cement Feb Power Corp Jan Price 3.00 4.35 Feb Iron .-Foundries 99 Steamship common Mar 30 27 450 26 Jan 29 Feb 37 497 35% Jan 40 Mar Jan 107 5e/o preferred 46 Va Mar 55 Mar 3.65 24 24 26 500 27Me 26,/-» 27Ma ,102 13 Ma class pfd —2 Faidbanks Canadian Husky Oil Canadian Industries preferred J Pacific Canadian Crown 16 Jan Jan 16 Jan Simpsons 27% Jan 30 Feb South am Co 20 a4.00 5 4.00 & Seal 100 IVu 21V. ' 21 21 25 18 Ma 260 t a21 — . Leather Distillers 525 12% 18 725 ,,, Co Ltd class A—— 28Vie 2,731 150 20 .150 50 240 100% 100Ma allallMie 4 Mi 32Ma 5 Ma 33 25 64 1,025 16 Dome Exploration . 28'A Jan Dominion Dairies Dominion Foundries Triad United Jan Power 15% Jan 18% Jan 97 % Jan 81 89 Jan 85% 1,977 .95 Vi 70 Viau Ltd Jan 98 Jan 102 Jan 7% .preferred Feb Walker Jan 20 Dominion Feb Class 33 Mar 29 545 7% 900 — 16 16 100 16 Jan Stores Dominion Tar 11 10% 11 350 10 Feb 11 25 4 Feb 23% Feb 26Mb Redeemable 32% Dominion 25% 3,330 2.50 2.60 1,400 28 28 235 15 14Ma 15 625 14 Ma — 14% 14Ma 100 14 Mar 45 Mar 45 7 45 r 18 Feb 7% Dow Du Bros 735 Feb Brewery Pont East of 18 50 ..'58 58 Mi 874 49 Jan 63 1,750 60 Feb V 98 98 •98 i v ■. ;_<r 12M» 3,380 .9.50 Jan u'% •* . Eddy 10c ; Electrolux Famous 227/a Ford Central Ltd 85 7.50 Mar 9.00 340 14% Mar 16 % Jan. 68 Feb 3.80 General Steel Wares Paper a 20% Mar 15% ,al578 26 Va 26 Ma 100 12 Jan Cement 15 Jan 20% 4,165 19 Ms Feb 23% Mar Canadian 42 Dominion Sugar Dredge & Dock Co Ltu... 500 39% Jan 44 % Canadian Gen 11 1.1'A 19% Mi 4,020 20 125 8 8V4 133% 133% 27',a MaeMillan Mailman 20 26 Va 30 827 30 810 7% 8% 25 575 25 155 25 10 11 I6M4 16 54% 145 23M4 24 1,175 28»A 29Vi I6M4 54% . 30 2,130 2,250 Mar 15 Ma Jan 52% - Jan 21 Jan Crain Feb 33Ma 28 Va Mar 27% Jan 30 100 Ma Mar 103 5 Jan —3 Bloedel Ltd class 7 Mar 8 Jan 85 Mar 41 43% 23% 19Ma 1,213 ' 750 14,724 38 Mb 22 Feb * 17% 19Ma 8.717 11 35Mb 1.866 33 Mar — a45 a45 JO 42 Jan 79 81% 3,864 76 J. 45 Feb Feb 83% 45 46% Mar 60 57 Mi Oil 11% 4 920 11 12 V4 Feb 5% 100 6% Feb 23 24% 4 965 ' A_Z—I-I—~ * — Mar 23 45 45 50 41 90 90 5 19 I8M4 19Mb 1,335 Mar 87 ai2 - 21 12 *>5 21 a 100 Va 26 92 16 Jan 12 101 2 881 Feb 110 Ma 93 "'902 90 % Mar 102% • 51% 1 065 42 Ma 295 ' 295 5 94 M2 280 Jan Jan 51 300 52 M7 2 136 47% Jan 57 53% 2''>« 47 Ma Feb 56 24 Jan 18 a2 > 25 18 275 122 124' 26 8:)i 10% tsn a35 a35 28% 19 onr. " ^ * 25 — * 82% 70 - ~8 0 • 25 f;i'2 82%' 67% « 8 o O'J \f 18 122 Feb Mar Mar 8% Mar 8% Mar 19 1 A 44 >/ho 28 Mar 35 inn 25 Mar 25 25 100 25 Mar 26 Waieonal Niagara Nom.da Steel Wire 6 Feb 7 vnn 82 Feb 86 Jan 70 Mar Jan 48 Jan Mar 1 1?? I i 8% T.a 185 feo .-)n I/ 46% 35 Mar Mar Mar 35 8 11 Feb 1.50 Car f Corp Ltd. Ogllvle Flour Mills Page-Hersey TUbes 8 preferred <>1 ifi 2l 1 77^ 21 • oc osi/_ . 26 ™ ^ fl2b 01'i II.:;;::". common— 4,/r « ; =7 A UQi7 —n0234 —. for iootnotes sec page 46. 100 to- 23 Vz Mar 3 40 24 Mi on. aao tn? , J»» J a* 20 Jan 21 95 Ma Jan 28% Jan 40 Mar Mar 47% ■ Mar Feb 45 -05 . l 2nd Arcadia Auil Metal Aumaque Bailey Selburn 110% Mar Br.ndowan Earnat 117 Jan - Jan 150 10 Feb lOV^ Feb 8 41 Jail' 41 Jan 8 ,.a54% a54% Feb 45- Mar 10 Mar Mar 56 Jan 57 Jan 503 14% Jan 15- Feb 8% 160 7V4 Feb 9 19Va 19^2 290 7 7 100 a91 r91 7 MA -'15 8 : 15 : - 19'A Mar 7 90 5 300 Feb 6M» Beatrice Jan 95 Jam Feb 7Va Mar 12 14% 100 14 Feb 15 Ma Mar 32 120 28% Feb 32 Ma Jan -* 58 309 10'A > Jan 57% 225 49% i&Vi 250 14 128 42 Jan 10 "a--" 12 Jan * 45%*47M2 a21 __ * ■, a21 866 — . a66 5M< __ '19'A 'x5 * 10 5-To" Jan Jan Mar 15 Ma Mar 47'A Mar a-_ 64 Va "Mar 300 19M2 19 . 5 v.: 3 i 3 al8V'a 74. 18'- 100 14 Ma Feb 15 Feb ' Jan 74 9 225 9 Jan * 10 % 70 18 Jan 100 10 Mar 54 26 41 47 ',-47 203 47 54 4. 21 % 13% 20c 1,000 10%c 12c 15.500 1.50 ;■.. lie .1.55 800 f23'Vc 2<Je23%c ■ 7 . 100 C) Ltd—- Mar 55 * F^b Feb 47 Feb Jan 21% Feb 8c MUc 90c 26c 10% Mar 1,40 7.200 -2.00 17c Feb 2.00 18%c Feb "6 000 81c 1334 Mar Mar 2.500 9c Feb 20c "2.500 2.00 10c 90c -1 *,3 allc 1.75 Feb 30c -2.15 1 10c Jan 11c Jan Ltd— 81c Mar. 1.400 8c v13c Mar 7c 16 —1*!' -1.16 Mar Mar 167B 600 1.47' 1.60 1.60 —1^ 68.650 6 "Mar 85c 20,500 6V2C N' 7c 1 So- 15c Jan Feb Jan 1,000 167a 1 A-.- Feb Jan 7c a8c "allc 13c Feb Jan 8%c 13c ■ .....7-, 1 & <Sas 14td Jan 17% Mar 10 11% , 10.500 " 7c . .74. Mar Feb 20 Vi 500 2. .00 —- Ltd.. "Mar , ' LCd.—4_ (B Jan 63% 10 f- -1 7Jan 40 350 20c 1 136 12© 21*% 20c Jan Jan 13% r Feb 74 9 3 _• Feb 15 12% 37Mb Mar . a!7% al8»A . 16Va 104V2 iO* / ,1 _l! Feb Jan 670 — 3 126 Jan 24 10% Mar 510 Feb 5 Ma Feb 37V'a; 72% -, 66% Mar " 1,100 15 115 119% f 1117 ; N^ines Ltd-_._— . 3.500 16c Jan 20% Jan 1.60 Mar Jan Mac Jan. 21c" . 14c Feb Jan 35e -Jan ^.1 31c 31c 1.000 31c Mur 31c Mar -1 - Ltd Mines Jan -8 Mi llMa 15%' ■ Co Lfd. Ltd. Oil Feb 21 Mar 57% 3 — —— Mines Mines Bateman 25 10 40 10 14% 10 Ltd.—— Mines Gold Jan Mar 120 3 47% •, 4.* Ltd... Iron Mines Feb 104 10 57 %7 . . * — Corp & Gold Band-Ore BarVallee Jan Jax$ 31% » (L E)-—4— 11. Atlin-Ruffner Mines -, .Jan Mar Jan 1.00 107 % ' 35 22 30% , 45 J 5 ^ Ltd_^ Sulphur Mar 10 _—___.* Ltd—— Mines Nickel Mines Atlas Jan. 3 1Mb Mar* 101 10 . pfd— .50 Mining Corp Arno Jam * 40 ; 11 Ma i.20 common.. Ltd Mines Mar 25 Mar Mar L. Mines- Ltd-4—_i_„ Lead Jan 57 Mil 100 ii?na25 —c_—? pfd 53 u Mar 75c Jan 26 Feb 100 Feb 39 Ma . Mar 29 100 659 • • Ltd Baker Talc Xtd___'__— 25 28 Feb 35 • Jan 97 1,860 -..5 Ltd Uranium • 7% 8 com..—13.50 Ltd Altex Oils Ltd___i - a4lVa a41V'2' * Pipe Line Co Feb Mar 29 85c —7 C)_— Hotel Anthouian Jan 16% 30 A imiiR32 aV10%sI10% 24 Jan (J Ameranium Feb Jan 15 29 10 ' Manufacturing Co Ltd-i_l_—'7 "Anaron Jan 23 Ma 130 75c Warrants ■—4-4.. AV — 1— Oil Products Ltd Algom ■ - Jan 2.25 800 101 lOlMa 102 V2 102 ■ Mining and Oil Stocks— Feb 58% 4 31 Vb al30 Mountain Woods Mar 84. ...... Weaving.,— Mines 16 •• 30 97 21 •. Jan 1.55 < 47% Mar 530 "12 Windsor Jan 15 9g0 25 23 60 Wilson Jan 65/8 " 47:JA , 235 Jan * Mar al5 Westeel 9% Mar Jan 23 *-11 Waterman Pen Co Feb 44 50 68 f ' Union Gas of Canada Jan 10 .26 al4:,/4 Trans Jan 126 2 '-A lf* * 23 26 Jan 1.25 Mar Jan Mar 10Tb Feb 10 Jan ; Feb Industries Ltd .* 11 r41 Southern Canada Power 6V» pfd——100 • .*... 7. al30 Traders Finance Corp class A-——. 37M2,'. 37V* Jan uC2 36 * Feb Mar 40 ; 5Ma Mar 65 - 1m 57 Feb 3,043 Russell Mar 52% 1,609 Mar 3.85 "'Jan 37i 22 1 Ltd__Lli_-_^___ Mills 8% 4734 0 24 29 - Feb z L.10 Paper Co partic cum 6 35 22 Light & Pow Co Lig...10 Steel 36 15 36 MB pfd. 100 cum 7% 300 10 19'a —L Mills 40 a6 Feb. 19 Mi - 3.25 Mar a34 • common—— Rice 125 10 47-% [ (Canada) Ltd Renold Chains Canada Ltd.I Mar 57 53Mt non Corp Reitmans Ma Mar 94 preferred 6Me Jan 50 '*?1 — - com Ltd Co 3.50 1 7»7v Jan 100 : » M>— 4% 44 £34 363:, Ltd Ltd - a66 15 Quebec Telephone Corp Jan 90% 1" 3 1. Manufacturing Corp— V Premier Mar 93% Royal Power Feb 21 Mur Oil ■'7 55 ' Ma Jan Mar 25 7'-'7 Jan 1.75 Feb 29 1.25 ■ — common..* —L—L Corp Ltd Paton 19 Mb Mur 11% Mar 21 50 122 .' 50 Co 21% 18% 88 Feb 17% Feb a6G __ partic class B__l (Walter Pow Newfoundland Feb 93 ————I'* common Moore Mount 45'A Mar 100% 10V4 — — Minnesota & Ontario Jan Jan Jan 7.50 100 Locomotive v A—. Investment Milling Lt & Ltd 1.50 2\'0 - 13 14% Mar " ... class common-. (Alfred) preferred Mexican Jan , 8 Feb, 1.25 — . - 28 a f> V ■ pfd Inc Canadian Leaf 6% Jan 50% Mar 55 8% 7 13 1,345 18%' 28 - ; J) McColl-Frontenac - 2,613 — ! (A 24 18 Ma 40 A— Can Melchers Distilleries Feb I 49 5% Feb conv Maple Jan 537/3 90 100 vlooo' U Montreal class of Co l.owney Co Ltd 19 Ma Mar 41 ; 11 23% 6% London 5% — nsss^r.{i—:::J? Morgan & Co Co Ltd-^i1-—'. Ltd Lambert 49 11% ♦ .— 23".A 7 3.50 ; -5 Investment Foundation Jan 51% __ 511/, » common-: 50 7; ■ -1_3 19 Ma Mar Jan 34Mi yi% Freiman 43% Mar Jan tRi/i ——* Class Grain 26 Ma Mar 11% 35:A * Jan .100 46% Mar * B 10% 200 ■> Mar 45 17% . 9 Ma Mar 6,010 Jan 83| __* com Jan 5 al2 16 » _ Corp Foreign Power Sec Corp Ltd—. 5 23% 5 common ji L) Zellerbach Mfg 30 19 * - (R — Motor 75 * - Steel lOMi " Paper Corp Led Ford 46M2 42% • Mar 1.50 7 « L_ Fleet a7Mt 84 % a7 23% —„• ' - Structural k Feb 46M2 V2" __ » A 8 --7 » cl A Jan 84% , 84 • 4,320 ;dl* Feb nfd——100 class Sec Jan com Jan 8% 1.50 149 Standard Feb 5 Ma 39% ; Jan 39 % 0 _ —— Jan 58% common 1.20 Feb ' 15% Advert class A. 10c Jan Jan * Feb 33 9 Ma -9 Ma — 16 Ma Mar 25 Mi 37 Mi Mar 50 85c 140 al2 ,7. * Ltd Federal 355 ■ 'Ill i Ltd___. Co High. 44,000 34 I.', "7/ __o 55 Mi Mar V 53 —100 Low 1.05 , 0 B Crown 185 25 7% Westinghou^e Co Rarge Since Jan. 1 High '—7 ■ 4. Co.w_.l.: Consolidated 11% Feb 529 10 Ltd Class Jan 56 com Shares 8V'« : - L,.d:L. Marconi Preferred 27 Ma 37% " for Week 8% » Rand Consolidated Div 78% Mar 37 Mi common Ltd (Robt) Jan 55V* —_j— McOoll Frontenac pi„„. Mar Marl 45 7 1.00 _ Ltd.— ;w Ingersoll Canadian Jan 20 ,v Investments Claude Neon General Jan 30 Mb Feb 6 alO% alO% — —4.86% — Massey-iHarrts-Ferguson Mltcheir Jan 31 Ma Jan . 26'A Marl Jam, Mar Sale* Range of Prices 9 Ma Ltd—L—— —1 Co Preferred 50 r ... Canadian 133% Mar Feb 17 ♦ of Canada Preferred 9 Mb 133% Mar 450 18 Ma 10 Woods Priority Jan 28Ma 30 „• Acceptance & 8 &- Canadian Feb 21 Hosiery Canada Jan 56 nfd Corp Jan Butterfly Jan 12% Feb 19 Ma 2,300 — MacKinnon 11 18 Mb International Utilities Corp common__5 Interprovincial Pipe Lines 5 the Mar 37 Ma — of 14 44 ~ 23 44 Exchange Low 1 ; 1,525 • Public Service Ltd (John) L_L<, 14 __2 Jamaica Compuny_L 14 Mar i Bronze Brown Jan —__5 International Paper common International Petroleum Co Ltd International Power Laurentide 31 Mar 30 , 50 200 44. . . Mar 55 ; Jan - 14'A Marl Funite 1.05 Anglo-Nfld Development Co Ltd—. —_5 t> Belding-Corticelli Ltd common Eelding-Corticelli 77o pfd !•_. -100 78c 100 common ?7vrI?e,feiTe2. int Nickel of Canada Lewis Eros Jan 59 21% 7"; 33 Jan 5 . 3.80 Mar 21 Fen to 51 18 M2 • preferred preferred 2GMa Mar 66c 101 r Lake 2,640 28M4 1927 Feb Feb Week's 31— ' to ■ 725 — 50 Imperial Tobacco Labatt 28 Timber..—___ Anglo-Can Pulp & Paper Mills Ltd. Feb 5 Mining International 8 28 Indust Accept Corp common $2.25 preferred $4.50 Jan 100% Imperial Bank Imperial Oil Ltd__ Inland 7% 28 $2.00 preferred 6% 11 23 Ma Lumber .& 30,899 28M2 lfto inc 71% Mar 19% Last Pur Abitca Feb — Paper Co Ltd— Bay 14 100% common.. pfd Gypsum Lime & AlabaS Home Oil class A-—: Class B Hudson Feb » —. Howard Smith 13% Jan 1 5% preferred Goodyear Tire 4% Great Lakes 25 * —, 2.75 Jan I8M2 44 STOCKS IIM4 > Motors General Feb Jan r 2 0C* Friday 59 20 1 Dynamics General Mur 07 Ma , 49 850 Canadian 78c 5 Ltd—.l—: Feb 66 6,225 ,20 Canadian Slock Feb 14 a —100 Bakeries 25 20 -50 67 c —24 preferred 42 Ma 1.215 3.50 . preferred 58 Va •„* Power common— 66. 70 M4 20 . Jan a7% 14 19 Mi * Corp- Mar 4,375 3.80 * 21 Mb ' ._—_* — Feb 98 15 69V2 ii'p ! — Fraser Cos Ltd common— General 9% 4,157 * Canadian 100 v Mar 7.75 ♦ :Gas-LL—-LL. common — 1 Players 9% Feb 22 Mb 26% • Motors Gatineau . a 27Ma 8 Foundation Co of Canada 5% 22 __ 23V2 Corp Mar 98 19% ...19%, 44 Match 98 65 , Jan 43% 66 '. " . ... 4 Ma Me 12% Mar — 40 98 „71% 7.40 , Jan 11% * Kootenay Power— ' 14% 15 v ■ to Worts-.— 43% -- '.V- 7.40 : , 58% Mur 61% class A Mar 22 Mar 11% common Jan 56 Va Mar Jan 33 100 Sec Mar-, 20% Jan 58 Jan 15 Feb common Canada •'> 47 • —— & Jan 15% 28 Ma common---* - 21 18% Mar 60 100 Jan 31 25 _20 Ltd__T— Ltd™—- Jan Jam Jan 3.50 Mar 3,600 preferred Donohue 20 JanJan 122 Mar 28% 2.50 Mar 28 100 18 18 Ltd~r— Textile 20% Mar 50 Jan7 25®i 25 "Mar 105 Jan 47% 40 Jan Jan 25Ma • .-2_1 '' 54 ' (Geo) Winnipeg Jan 8M2 7 Mi 28 a7% preferred ?5 130 i20r 44% Feb Jan 54 B Zellers Jan Ma Mar 28 2.50 • Chemical & Jan 47 7 40 , 95V4 Mar' - I6M4 Mar ^ 29 Steel & Coal— Dominion ' Feb 43 140 18 algVfc a 54 100 — Gooderham Weston 6 13% 4Ma Mar aOMi —; 22.7 " , Jun ... 90% Mar 205 40 - 25% 20 JLiTL. Webb & Knapp 11 28 Vie common 43' . 47 Ma: 20'% - Corp Jan 7% 77c Glass •; "47 25% * : ... — Steel 39 28 Ma Rights Dominion ; 95 20% * L 15Ma Mar 50 43 —L* Mar 6,120 40 Bank.—_2___ Oils 150 a9M» com 13 ' Jan Jan 97 47 >• Canada Toronto-Dominion Mar 19% Mar 25 common Steel 1,600 Ma 36 Ma Mar 17 V0 83% 1-..25 — 19Ma 7% :* & 14v 72 19% > ." 97 — Steinberg's 5 M4 % pfd_—' Supertest preferred. 28% Corsets ., Mar ; * 62% Feb 28 lie '7.: • Dominion Feb 16^"'c 85% ——50 v., Feb V 32 24% : * Dominion Bridge Jan 21. Jan 338 ■ 1 Jan 28 Ma 2,51tJ 36 Va¬ L—-50" com „—— Canada Co 69 Mi .16 Ma' 13 Ltd of 2 . Jan 18% - Jan 16 95'4 common Steel 21 Jan 26% Mar 770 9,359 599 . 68% 16 - & Sons Southern 2.50 . 12% Mar 29 Va Mar 17Mi Feb 20 Va Jan •.,v 8M2 Mar 15 Mb Mar 150 4% 2 Seagrams 17 Mi 75 30% i; eommon—— Jan 9 £69% Sale Price Davis a21, Mar- 59 Jan 18 Ma Jan 69 Feb >18% 16% preferred Jan 15% Mar 18 15M« 27 M2 —■* Crown Zellerbach 45% , 11 % Mar I6M2 —100 ... 4.00 Jan • Co_ 122 29.% ; 2 7 Ma common—" Canada 3.60 Feb 7 Ma 25% 1 Cork Jan 13 (Hi ; of Breweries 50 * . 52Ma Mar 325 .i.— pfd Shirriil-Horsey Sicks* 275 Feb B Williams 1,105 • -. 813 1.403 - preferred. class Jan Mar 102 • - R 4%% 4',» 13M4 7 Ma lOOMe 10 . Feb 55VA Jan 17 A—Li— common.- common 13Me • Textile A Sherwin • Glass Class Series A Jan • Corbys class A Class Jan 29 V* u4.00 — — 25 Equipment Enterprises Consol Mining & SmeltingConsumers Jan Simon 3.60 __ 1 2,856 al2 29 High 39 16% -—* —— 13 a3.50 Cement" class Corp Jan Mar a3,50 28M2 .7 Combined Consolidated Feb 102 15Mb * Farm Coghlin (B J) 25% 15 4? Lawrence Lawrence 5% preferred <— ghawinigan Water & Power 3.65 Mar 7 Me Mar —: Canadian Vickers Cockshutt 2,115 17 ' Railway Ltd. preferred all % a A——————— 26% 15Ma Mar 17 Me * Petrofina 11"% Low 55 Mi M29% B „27% 28M2 Mar 25 21 ji i Canadian 24 st. St ;. 12 <a 23'/a Mar " 2,205 __ ___100 ——— 1955 *7 7% 100 — 1953 — — 2,280 ;i 15M2 ; • Oil Companies common preferred 13,395 ,7 ; 7Mt 1 common 53 ■A Royalite Mar- 55% Feb — 25 Canadian Warrants 2.95 15Ma — common—* _ ll^—an JFeto 7Me , * pfd Morse 65 •55 % common: — Paper class 13 13 __ 20 ___ 6'A Cottons Canadian 5% 6;. • A Ltd (Canady) 29 13Vie 25 Canadian Warrants 102. • Cellulose Co 68 42. 68% f Range Since Jan. 1 High 40 % .Preferred •——J:———25' 24% Mar, Jan 45 431 102 . & ——* Royal Bunk of Canada— .10 Oil Co Ltd -common—J——* Jan 36 Mar 29 300 3.45 Series Chem & 23 1,958 123 Vir _—-—* common Canadian-Converters 8% *2 4812 47% 23% /•'■* 25 B 25 24 series Class 1,450 3.55 Celanese 101 100 37 • .*. { common: Canadian Canners class A— $1.00 48 V4 24M-I 34 —25 - Bronze common Canadian 25 48 \\ 47 Me preferred __——.——10t $1.75 104 11% - 25 3,010 . 24% 10 preferred. Canadian 104 37. 50 — Shares Mar • Canadian Bank of Commerce for Week Low Li .* — Canada of V) Class Mar 26 — 5fo £ 36 preferred-—,,-——-i—-—26 Breweries 99 25 Malting common„^.„——,—• $1.25 Mar 26 Vie 4lYs% Rights 99 37 Canada Canadian 72 (A Holland 65% Mar 25% 104 Canadian 99 Mar 26 Vie 100 . 62 • common 4y«% preferred— Canada 1,501 10 I ; 65% Bros Company-. Proline,al Transport Quebec Power Mar 35 20 common- preferred $1.30 Canada 65 — S^les Range Last Sale Price Roe Calgary Week's of Prices Friday STOCKS 34V2 Ltd class MARCH 29 ENDED Range Since Jan. 1 —25 Telephone British Columbia Brack Shares WEEK for Week of Prices Sale Pi ice FOR Sales Range Cast STOCKS 19c '"22c 8.000 18c Mor 32c Jan 60c 67c 47,609 60c Mar 9c 2.100 1.45 6,200 71- Ltd.: — 15c Mar ' * Eay Red Mining— Lake Gold : ..._—1 Mines Ltd.. 1 . 62c 8%-C . - . <■- 8'-»r - Jan 1.50 11c Jan Jan * Beaueage Mines Ltd , : -1 \ 1.45 1.15 ' , 1.15 Me.r 1.70 Jan Number 5625 Volume 185 The Commercial and Financial Chronicle ... (1551) CANADIAN MARKETS RANGE Friday STOCKS Week's Par Bellechasse Belle-Chibougamau Mines Ltd Bibis Yukon Boreal Gold Mines Bouzon Brunhurst Calalta Petroleums Uranium 15c 1,000 2»c —25c 1,000 12c 18 Vac Feb 1.50 Jan 9c Jan 19c Jan 1.00 Jan 1.30 Feb 1.25 Feb I.Q.J 1.30 27" 1.500 1.35 2K 4 -• I,100 24 Jan 111/4 I,900 9.25 Feb 13V2 2,6o0 5r«0 Feb 7.0D 5% a7lc 7.80 1.500 Canadian Lithium Mines Ltd—. —1 36C 35c 38c 8.200 Ltd.————_1 40c 39c —1 4-bO 4.40 28c 28c. 31 c — Mines Ltd—1— Mines Ltd--————1 Ltd _—* Capital Lithium Carnegie Mines Cassiar Asbestos Corp Ltd Celta Development & Central Leduc Central Oils Manitoba * 6c 8.00 Ltd— Mines 1 lie —1 —:_75c Ltd Jaculet lbc lie 2.79 2.61 Chipman Lake Cleveland Copper Consolidated Consol Consolidated Consol Corp. Cadillac Continental Mining Copper-Man Mines East Fab Metal Mines Pano Frobislier Exploration Ltd United Asbestos United Montauban Jan United Oils Valor 12% Bay 2.20 1,000 1.82 127JJ 1,035 12% Mar 1,000 40c 72c 40c 40d 4.6Q 48U 3.509 3.05 3.33S 22,900 48c 58(| 26,200 IbC : 24 %6 48c 20c • / 144.609 16c l«ci 35% 36'4 45c 3.00 22c 224 2.53 ,2.82 10c 9c 10c ,J; 2.65 2.65t 16 Vac 20o 1.19, Mar Feb 5.20 Feb 65c Feb General Petroleums 80c 18c 25c Feb Feb . of Can Ltd "A"__l Gui-For 'Uranium 5.50 ... 29c 30c 0 —— Ltd—— 9c? Jan 25c 1 Mines & Metals Ltd Mines Ltd~r——.— —1 14c * 3.00 * Gold Heva Ltd.—1 Corp Copper Jan 700 Cons Gold Hudson-Rand 7.'100 Indian Iso Mines Ltd ->-5 Jardun ——__——,—_1 Mines- Mines Ltd Mines Kontiki Zinc Lead Lingside Copper Lithium Corp Mines Lprado Uranium Mines Majortrans Oil lie Ltd- Merrill Petroleums 1.69 5.500 16cf 4,000 7 Vic 7v;,d 1.000 3.95 2L850 14% nl'i's 225 97c 93c 973: Mont rary 2*0 2 -'.0 2.60 16 4 Formaque Mines Ltd New Pacific New Santiago Mines Ltd———50c Spring Coulee Oil & New Lake Uranium Minerals Coal Ltd & Oils New Vinray Mines Ltd. New West Nickel Nocana Rim Mines Northspan Obalski Okalta Ltd Orchan Uranium Partridge Pato Canadian Ccns Permo Phillips Oil Pitt Gold Porcupine Co 46c 137.600 34c Mar' 31c 10,275 26c Mar 3,850 20c Feb 1.82 7.212 10c 11 VaC 39.000 Jan 9c 62c Jan Feb 2.00 14c : 3.50 Feb 4.85 8c 1,000 7 Vic Feb 10c 1.50 1.78 9,500 7.85 8.90 21c 22c 12.709 2.o5 12'a 2.48 37c 2.55 35c 46c 19 21 3,275 40c Ltd. 1 43c 16 Vi 40c 9,009 20c 20c 24c 4.90 4:95 300 36c 35c 40c 7.500 2 3.40 3.25 3.45 6,700 1 1.70 1.54 1.70 75.900 1 JOc 10c 11c 26.810 1 — 11c 25,300 1 Ltd.——_— 9.50 94.460 21 10 c 10c 11c 3.000 —1 Ltd 33c 3,100 43c —10c preferred. 2.30 6.500 12% 1 — 5.60 20c 24,200 36c 37 104 1 Explorations 1.25 8,278 22c .— 17c 2.000 P ■*•) 90c Ltd Mar 8c j^._. —.1 (Qufcbect Ltd 1 — 10c 3.05 1 4.60 30c 2.40 1.40 30c 9Vic Jan Jan Feb Auto 1,80 Mar Jan Feb 13% 59c Jan Jan Mar Jan 32c Jan MONTREAL TORONTO CANADIAN 230 Notre St. Telephone Branch: Branch - 6S West 44th Jan see page 46. 5.20 100 1,40 1.56 16,256 13c 13 Vic 14,000 12 Va 92 -140 ... 12^ 5 225 1.65 Innes class & Power 1 111 -J/ Feb 17% Jan 41% Mar 43 Jan 325 155 44 Jan 12C Feb 17 %c Feb 36,000 Jan 10c Jan 18c 10 Mar 12% Mar 40 90 Jan 4,875 : 31 Mar 510 90 Jan L 3l5 14 Mar Mar 6 Mar Feb 29% Jan 14c Jan 17 7 7,000 2,635 871,500 IOC 20%c 32,000 9c 34,600 36,200 9V-aC 1,000 4.75 Blbls Yukon 127 13 Black Bay Uranium., Mines^— Feb Feb 1.10 Jan 8c Mar 12 %c Jan 15% Mar 20% Jan 41 Jan 32 2.40 Mar 3.30 Feb 47 Feb 55% Feb 23 %c Feb 9c v Jan 54% Jan 59 Jan 35c Feb Jan 12 %c Mar 150 30c Feb 45c Jan 55c Mar 84c Jan 5,115 67c Feb 75c 74c 26,055 62c Jan 90c Feb 4-c 10c 9 57* 35 132,250 25c Jan 47c Mar 12c Jan 9 Mar 1.30 1,300 1.26 Feb 325 5% Feb c 4.75 Mar 10,500 8c 9 25 130 22c 63,850 w® 2151 27c 191,465 20VaC "3,500 — 2.20 1.35 2.31 1.50 1 — ' 106 10® . 25c 95c 1.60 26c 1-10 lOcll'-aC Jan 250 16% 1.58 9,524 44 3.300 1.71 28.800 3,700 22,275 --13;800 Jaa Jan 1.89 Jan 6% Jan 1.75 Jan 40e Mar 17 Feb Jan Jan Feb 2.25 Jan Mar 46% Jan 2.75 Feb Jan 20c Jan 32c Feb 5%c Jan 12c Jan * 93,360 Feb 58 % Mar 40 1.05 Mar 3,600 20 %c Mar 34% Mar 35,075 2.05 44Va 2.45 5.00 Mar 56 100 171 44 2.21 -1 Jan 1.00 5,500 16% —* 15 Jan 10,550 1-95' 44% 2.40 1 — 2.01 60c 32c 16*,4 —1 Ltd Jan 1.60 Mar 1-26 57 ~ : Mines Jan 21c 4.75 50c Warrants Bidcop 39c 35c 9c 9 1 57 34% -- 1 i Feb Mar Mar 6°c 68c -- * Mlnes_4 Mines Bicroft Uranium 17c 55c —I Copper Corp Jan 31c 34 V aC -- 1 25 Mines 1.16 Mar Mar 12c 450 2,800 Mar 22c 1,080 57 «/4 30c Bevcon Jan 5 9c 1-1° Eethlehem Mar 24 9V'aC — Feb 43 115 % Mar 350 VaC 50 94 » 2,073 14,000 100 56 48% Mar 200 1.10 48% Feb 18,500 245 l-40 Corp Jan 15 % Mar 1,690 15 „ Telephone 2,20 40c 650 1 Belcher Mining Feb 77c 1.70 * — 13 %c Jan Jan 14c 8 34c * — Feb 25% May Jan Jan 25c 25VaC ——% —— Jan 94c 37c 15 37c class A — Feb 13 Jan 25c 1.70 73c A Paper B Jan 51% 100 26 .a 10c 73c 10c 22c —9 /ac. Petroleums Ltd——^— EXCHANGE . 8c Feb 167/» 22% Mar 60,775 5V2 28 11c ,»8c 11/a c 2bc Uranium * 30c Beaver Lumber Co common—16% 2-4S4S 49c Jan Jan 21c Jan 113>Mar . Jan 5.35 />Jan iy?-\ Mar 5 Of, Jan 2.00 F$b- 12c 26,000 1.10 1 —* Mines..- Beaucage Phillips Square 1.40 21,300 40 —* Ltd— Mining 1.98 Feb 4.85 Mar 1 '5 92 39Vi 108 1 Beatty Bros West, Montreal 1.50 2,310 12 Vi Eeaver Lodge City, MUrray Hill 15% 51 Vi 42»/« 85c 25 Vi 9V2c 16 16%, 41 /a 42 47 48 12c 13 Vic 10® 4?,e ,4 l-'O 15 —1 * —— Exploration Bonville-Gold For footnotes 5.20 46 ,4 13 %c 10nc ———1 Beattie-Duquesne EXCHANGE QUEBEC-TROIS-RIVIERES^SHERBROOKE-CHICOUTlMi-ST. JOHN'S, P. Q. 9,000 12c Montreal——————10 Scotia —--10 —-2—;—:—1 Uranium Class Office:-; St, New York 1.60 27 10%c * 91c 10c 32c Nova Mines Laska PL-9501 1203 1.50 Mines Metals Base Bell Local Jan 340 EXCHANGE STOCK Dame Feb 70c 16,535 Barymin Jan HART STOCK STOCK 29c 36 Bathurst MEMBERS: 48% Mar 2.90 Barvue 120% Mar. 40c 109% —* * Mines 127% Mar:. 71,253 2.64 Consolidated Feb 45c — Traction Feb 14% Mar 40c . 40 --1 Mines Mar 94% ■ Feb 35 % of Jan Jan 36 2.80 49 56/a of 24 Jan Jan Feb 92 50c Bankfield 1.70 Mar 17c , 1 — Jan Jan Mar 15c — —1 —— 1.70 50c 44% 5Va C-ils Barnat 3.45 Mar 15c 108 >/4 1.85 Feb 107% ———1 Barcelona Jan 8>i Feb Feb 425 —_-- Ltd. Mines preferred Bank Jan 92 5,065 16% Lank Mar 18% 30 16% Bankeno 4.95 Mar 45c 13,390 9® 5% Mar 44c 16 —— B—-— 1.25 28,70) ———1 class 1.50 35c *14,914 —1 Banff Mar 21 . common common— Prods 3,150 Bailey Selburn Oil & Gas class A—1 Jan Fel) Fabric Avillabona 9.00 Mar 33c Electric Auto Jan 1,916 14V» 13?4 51% \ 51 Ill" < 11% 8ic 75c 25 . 25 8%c 8c ——1 Mines—— Gold Jan 20c 5,500 -- Mines———-—? Jan 88c Feb 20c — -10 Mines 7% Jan 46% 1.55 13.ac ————-—1 River 6% Mar 46 43c 1.55 100 Mines Jan Jan 10c 32c Mines 20c 18 Vic 2.05 Mines— Feb 21 17 %c Jan 61c 118% 120% 32c B 17 %c 1,900 1.80 class Jan "14,310 32c -50 1 Mar 11,650 49c 2.03 — 19 12c 54,062 1.40 20% 23 94Vi 12 Va 14 118 127Vi t. 46?i — Gold Eates & Jan •- 100 94'/z -r 12?u 127% • 1.60 1 — Yellowknife Aunor 44c • —.——r-r—--—* —— Aumaque Jan Feb 22Vi ?——1 --4—'.— Aumacho Mar 2.90 Jan 44c 20c Steels Feb 54c Feb 1-30 0 »— —_— Acceptance Auballe ilan Jan Mar 1-50 — —L—-50 pfd .. 70c 11 Vic class A Atlas Jan Feb Feb 5Qc —1 — — Atlas Bata SAVARD 9 8.70 Mar Artists Productions Atlin-Ruffner —1 Feb -7% Mar Jan 10% Mar Jan — 24 Feb —1 Warrants Jan — Jan 22% Mar 573 Jan Corp-—--———1 Temple Atlantic Feb 12c Ltd 35% 6.00 — Debentures Jan 32c 25c 1.75 65c 5.00 commonl--———120 Hardware Associated 4 1 High Feb Feb 30 300 Larder Mines Metals Ash Jan 49c - Feb ■ Mines 1.40 Feb Mar Mar —1 30 %c 2,779 18,340 t Mines Gold Ascot 2.65 Mar 8c Mining Co... Prime 1.25 97c 12c Corp—-1— 4 %.'£ Jan Jan Jan. 1.500 Dredging Gold Ltd Gas 1.86 7.209 Western Oils Ltd Peonbec Mining 1.00 69c 33% 40,170 8Vi 19Vi —100 preferred Ashdown " —.——-———1 Arjon Jan Jan 136 —— Mines .1.200 38.300 20Vi 65c Jan 8'a6 Pacific Petroleums LtdPan 16 Va Mar 37 Vic 32 Vi 6% 70c 13c 23 ——* ; Corporation 82.40 1.74 Mar 8c Mines Ltd Jan 12c ' 24,906 9.75 Argus Corp common—--——* $2 Vi preferred —.———-—50 Jan 1 Metals-- Ltd—T 2.08 15% 2<>c 3.50 Low 36c 8.60 Mines-—-—— Mines Area Jan Feb 1.54 3.50 Range Since Jan. 1 High 6% 65c 11c 1.50 1.30 Nickel Arcadia Arcan 3.95 Mar Ltd—. 1 _1 Shares 7.60 ————* Anthes Imperial ————4.— Apex Consolidated Resources— 1* 77'/4- Jan 55c Feb 26c 10 %c for Week 8.40 Anglo Rouyn Mines— Jan 5.500 — Copner Mines .* n 25c * -- Ja 1.20 Mar 77.600 . Sales Range of Prices 9-00 Anglo Canadian Pulp & Paper pfd—50 Anglo Huronian — Jan 2.10 12c Ltd— Opemisce Explorers Otmmiska 34c 1.50 3.700 ■ Week's „ Anglo American Explor_^—.——4.75 Jan 11 Vic Feb Mar 13 150 " 1.04 23c 3.80 Mar 35r 97,050 42c . Exchange Fonda 8.50 1 —1 —— Anchor ' Petroleums 1.79Mar Feb Feb 10c ; Rare Uranium (1945) Oils Ltd——— Ltd— North American 40c 29c 1 — —1 ———. Mines Mines Ltd 1 -— Amulet Mines 1.00 : ——.1 Lafayette Asbestos Co Ltd 46VJI 39c 73 50 l.il ■: 1.25 — 1.50 15.623 1.80 14c 7Vic Mar 100 43c 1.70 it 1.34 , 200 '•a 42 c — Jack 11c Jan 75 Jan 1,000 4—4:———-* Lead Anacon Jan 1.39 New Mar Jan 8.6c 27c 18c -1 American Leduc Petroleums Ltd—■* American Nepheline —_—————50c Amurex Oil Development ——5 -Jan 60c 23c Mid-Chibougamau Mines Ltd-—___1 Mining Corp of Canada Ltd.— * Mogauor Mines Ltd 1 Molybdenite Corp of Canada Ltd— 1 Monpre Uranium Exploration —1 New 13c Mar 60c al5% 1 .Feb 13'ic »: Feb 18c Ltd—— Aluminum Co 4%% Jan 6c 12.100 3.95 41<: t 2.83 Mar 39,125 — 4 Amalgamated Mar Fel) 1—.——1 Explorations Ltd.-. 60c 23c' Feb 1.72 Uranium Aluminium Ltd Jap 16c ■ 15c Jan 15c —^— Algoma Steel Jan 26 Mar 1.79 New Feb 8c a 5 Ltd 12c Vic Mar 40c 48c 1.90 15c debentures 5'k Jan 1.60 ——* Ltd. Mining 21c 100 Medallion Island Mar 8.990 Mining Corp Ltd—1 Mclntyre-Porcupine Mines Ltd —5 Merrill Algom 9c* Maritrmes Petroleums Ltd— ^ 1.25 Mercedes Exploration Co Ltd——— x. a, 8c a 41,800 1——1 Voting trust -4-—— Pacific Cons Oils—— Jan 48 a 8c 16cl8Vic Feb Jan 860 Ltd—-——; Minei Explorations .Tan 43c —1 Mines & 7 23 V4 5,000 . 2,000 8c 1.05 8V2 I9V2 Alberta Distillers bommon Jan 9e< T Ltd —* Ltd_^——-1 Mining 28c 46c Canada Lpuvicourt Goldfield Corp Alba 21 Vi Mar Jan 8c 2.83 Jan Feb Mar :-8V4 19Vi 12Vic — & Oil Gas Vf Jnn Feb 16c 28c 2.70 Jan Jan 23 Alberta 15.100 25c .27c r 91c 2.35 54c 23 Ajax Petroleums Jan Jan 10c 2,000 13ft 5 Vic 21,160 „ Agnew Surpass Shoe common-_——* ' Mar Mar 67.300 (»0q 26,000 1.00 22c —--—18c — Advocate 12c 1 Ltd Aconic 3.000 Co Ltd—— 1 Mining of 45c A Jan 37c —1 —',--i—-—4 Ltd Class Jan 2.155 ; 6c 91c '32% qommQn——* \ :—;-—• Aeadia-Uraniu'o Mines Acme 154.256 12c 5Vic 32c 25 — .Warrants, iv-A Feb Low Paper common———-" Atlantic Sugar Acadia Jan 56 c 7'L'C Mar , Jan Jan 3.15 Mar Jan 79c 35c Last ^Preferred Feb 24 '.4 voting trust Jdliet-Quebee I8V4 Abitibi Power & Jan 2* % 60c 15c 46,000 Ltd———-———1 Mines Abbican ' 12c?' . 8,000 27,500 Par Jan 10c Lake Mines Ltd..--——1 Uranium 9c 1,350 I 6.95 16c 1.80 Jan 18c Sale Price 5.50 Mar Mar • Jan 95c 50c Canadian STOCKS Jan 12c Mines Ltd.— __——1 Gold 30c Feb 16c 13<r 37c Mar 6c Jan lO'/ic Mar 5.10 Mar 25c 21 Jan 1.30 Mar Jan 6c 9,700 20? a Ltd—_————1 Mines 11c ' Hollinger 22c Jan 10.500 ' Haitian Feb 30c| 10c 13c 20*54 1.14 6,000 5.50? Feb . 5.50 Mar 16c Friday 2.83 Mar 2.50 Feb 16c 20'aC, , 17c —4 Jan 1.00 - 42% Jan „. 1.75s Feb 53,100 10c 8c Ltd. Mines GrandineMines Gunnar 18c 20c Ltd———— 1 33c 38c Toronto Stock 2*'ic Mar Feb 33?c 1.000 —— Mar 11c 43,000 Jan Mar 79c-' 4.05 Mar .Tan 15c II.000 1.19 3.15 22c Jan 30c " 200 1 . 2.78 5,500 Jan Mar 2.50 "Mar .19c , 600 lBVic Ltd 2.26 Mar Jan 20.000 1 Copper Mines Ltd..—4X_— Golden. Age 1 Ltd 2.20 Mar 21c 1,000 2.83 Decalta Petroleum 5.70 Mar Jan 28c 2,000 ^———* Jan J 5c , 55,000 . Jan * 640 2.60 22c 4.30 16,000 36 W 17c Ltd——_—* 11c 100 48c 3.25 , :_1 Mines Oil Ventures Oils Ltd Gaspe —1 — 13% Mar " 4.00 Jan Mar 4.70 4.60 C1945)" Ltd—_——. 1 Gateway * Ltd Ltd-; Mar 5.800 48c Inc——-1 Ltd 12c 14c . 30.000 12% —-1 1— 9Vic Jan. 14C 2.26 ———-1 Ltd 500 Jan Jan • 5.75 ——1 Ltd—._— 12C ' 5.60 21 Feb Feb " Funuy Gaikeno —1 Western 12 "2 c 24c 5.60 95c 46c Jan Mines — 17c Copper Oil Co 22c 5.50 14Vic 14Vic — —*1——1 Wendell Mineral Products & 21,500 21c 18,900 — 0 Corp Ltd—_1 Westburne 13C Feb 3.35 Mar 400 30c 19c 22 Vic Ltd——.—_—1 Mmes Pyrlte Westville Jan 5.45 Mar jan 30c 29,800 2.40 21c 3.05 — ; 21c29Vic . —<• Ltd—-— Lithium ; Ltd———1 Jan 5.70 4,300 2,40 ——-1 Mines 22c Mar 3.50 ————50c Corp Ltd- Feb 5.10 20 3.40 28c —__1 13c 14%c 17% 19% 1-,—27c Lui— II,000 Mining & Exploration Inc—— 1 Mines Ltd— 1;.; Mines Ti'Ojan Feb Mines 166 Faraday Uranium Foritana Jan •7 f 30c. 2,825 20 3.50 , -j,—1 _1 14c 25c Falconbridge Nickei Mincs 27c ■ 5.15 1 Ltd— — 16c ——_——0 Ltd Trebur Jan 9,800 Empire Oils Ltd—-——1.25 23 V2 Mar —.-1 Minerals «fe Mar Exploration Jan 3.40 5.45 60c 15c 25c.' Mar 4.90 Mar Jan 8 Vic 5.20 1 42c 13 1,520 22c Jan II,420 25,500 Mar 10c 23 Va 3.65 Jan 12c 200,200 22 9c 10 Vhc 42c 31c Trans 5.25 Feb 23c Tib 2.45 Mar 31c 500 29c 22:,i 1.738 2,500 15c Ltd-—— Weedon 6,000 32c 15c - 57c Virginia Mining Corp— v Jan 31c * 1 30c Jan i.. i Jan 12c Jan Feb Jan ■/*, 9c Mar Mar Jan . Mar Jan 8c 12c Jan 46c 83c 6Vic 1.000'S 6,000 8.30 Feb 68c 3.000 54,100 8.25 31c 2,100 8c 14c 7Vic 4.25 80c 6Vic 8c 40c Feb _4 9n 75c 12c Jan Jan Jan 6Vic v — 31c Jan Feb 8.00 35c Mines Rights 6.70 Mar 12lie Jan Mines Ltd—l————— ;.l Oil Tazin 1.82 Mar ————1 Mar Mining & Smelting Corp Ltd_l Empire Mar 1.45 Mar Feb Ltd—————-1 27c Eastern Sol Gold 11c Feb 1.45 Ltd 17c 25c ——— — 1.05 Mines Mines 28c Asbestos El Jan Lake Jan Eastern Co Tarbell Jan Ltd Mines Tacne Jan Feb Ltd— Copper Co Sullivan Jaa 19c 10c 12c Duvan Jan 54c 75c — Mines-—————_1 Cons 16c .— —— 55c Fen Feb 1 1 Uranium Mining \jorp Steep Rock Iron Mines Ltd .10c 3.55 Oils Ltd 2,000 —.1 1 Ltd (1944) — 1 - Mines Ltd 9,700 25d Mines Gold 21,800 * Mining Co Ltd——:wi_:——1 Coi'p__i-—-^-^_—-.2-1 Dome — Ltd 12? 3.00 Devon-Palmer Mines Stadacona . Mines 27c .——.—1>, Ltd Dufault 20c 25 c Producers Gold Mines Ltd— South 12c 2.90 Di?l Rio Mar 19c Cournor Daine ' Jan 78c 23c Exploration——1 Ltd Explorations Ltd 19c Feb 12c Copper Rand Chibougamau.—.-. Cortez Mar 55c 100 24c Yellowknife Mines——.1 Quebec 10c 20.500 20c Mines Ltd———1 Denison 36,000 74c G.70 Sullivan 2.44 15% Mar Feb 70c __ 1 Ltd— 1 - Jan 2.18 6.70 Mines 1 Mines 18% — 1 ; Sonva-Duvernay Gold Mines. Ltd 5.00 Mar 2.65 44.100 Jan 150 , 1.99 Mar 72c Mar IOV2C Mar >' Mar 77c 15% Stanleigh 8c 5,400 44C 20c Feb 15?« —* Ltd Ltd—1 —: Mines Ltd Bi-Ore Central 8,008 3.20 33c 44c Ltd——.—.—_1 Mines 2.80 3.10 Chibougamau. Mining & Smelting—1 Jan 50c 7,700 Mar 6c 6.509 6c 14,750 2,300 46c 6.75 5U0 10 %c lie 174.500 12c Mar 7.50 I,300 15c 54c 1.82 Standard 5c 1,000 . 1,100 12c 50c — 1,34 34c 5''0 ; 6C 8.00 Cheskirk Mines Ltd Chibougamau 8.05 8.05 2.00 15c 10c 13c 4,400 Jan Mar Mar 1.50 Jan Jan 1.25 26c 10 ^ 1.32 45c 3.00 1.99 Feb 11c Slierritt-Gordon Jan 7.80 Mar Jan 8.25 1.78 Feb 26c 2,500 —r_* ; Feb Feb 12c 300 Rexspar Uran & Metals Min Co Ltd—1 • Jan 80c 80c 9.55 Jan * 39c 98.009 Min Co Ltd—-0 Ltd 6.50 10,900 -36c 7V4 k Mar 1.500 24,500 2.28 , ^_1 3iC 47,750 ■*' - 5'ic ' 72c 17,900 13c Ltd—-—1 Mihes Gold 41c 3f>C ' 15c —— Cartier-Malartic 5'/a Mar 50 5.00 —1 200 > 1.25 Mar 86c 9.55 Feb 2.75 Mar 54c Ltd Mines Crest Gold Sisco 5% Mines Rayrock Mines Red t Jan 3 Uranium 75c Jan —1 Development Jjtu. Quebec Smelting Refining LtdQuemont Mining Corp Ltd Radiore High Jan 1.98 ——.1 Quebec Oil 1 Jan 7.00 85c 38c 20c 22 Vie 21c Quebec Metallurgical Industries Ltd—* < > Jan 6.00 —1 Quebec 11 Vic Mar 10% . —1 Ltd 28'm Ltd Quebec Labrador Development Co Ltd_l Lithium Corp 1 , Feb 1.52- Jan Feu 7 Vic Mar . 36c Mar 45,700 ,j 8%c 11 lie 18c Feb (Chib) Mines Ltd—1 Producers Quebec Copper Co Ltd Jan 80c 500 7.60 Canuba F-eb 3,100 a71c Can-Met Explorations 33c 90c 7.70 Mines 20,200 85c Ltd—" —— Canalask Nickel 3,700 1.40 8c Petroleums —i1—• Devonian 2.75 1.25 Ltd— (Dunsmuirj Common-: 5% " preferred 37,800 2.72 1.38 20c 7.00 Canadian 48c 2.75 5o,«..D lie 11% Oil Collieries 42c * Quebec Chibougamau Gold Fields Ltd_l 20,900 1.35 Co Ltd—.——2 Canadian 46c Provo 12e 281/4 Ltd———."—1 Campbell Chibougamau Mines Ltd——1 Canadian Atlantic Feb Portage Island Gas Jjn. 1 Low Jan liiO Mar'1 Range Since High Jan 32c 1.00 Low Jan 1>C 1.05 Corp Ltd Far Shares 10c 10 %c 10%c Mines Ltd——___1 Ltd 24c for Week 23c ' 28c • Mines 8,266 Sales Range »f Prices 55c bVacMar •' 1 Calgary & Edmonton Calumet Feb 6-.UOO 12c Ltd Hill Tungsten Burnt Jail Week's Last Sale Price High . 40c 16c Ltd—— Ltd-—,— Mines 3,800 8 Vise 30c Mines Low 50c 21c voting trust—* Copper Corp Bouscadillac 29 Friday 15c 2oc MARCH STOCKS 8 %.c 16c 1 ENDF.6 Range Since Jan. 1 High 48c —_1 Reiining Corp Metals Ltd Rare 48c 1 Ltd—. Mines Bonnyville Oil & Bornite Low Mining Corp Ltd——._—1 WEEK f«r Week Shares FOR Sales Range of Prices Last Sale Price 1.75 2.65 Feb 90c Mar Jan 1.60 Mar Feb 25c * 70c 70e Feb 1.12 8V2C Jan 14c ,J»n Jan Mar 43 44 (1552) CANADIAN MARKETS RANGE Friday^ Bowater 5% Ltd — Gold Brazilian Mines Traction Mines American British Columbia 4%% I8V2C Jan Cody 90c 82c 95c 67,300 75c Feb 1.55 Jan Coin preferred %% 1,818 47 8c 5.45 70c 70c 9% 9% 4.50 4.50 100 20 20 100 44c 50c 70c 11,103 1 2.75 2.GO 2.80 9,400 -—* 4G 46 47':.' 9,920 19,103 95% 95% —50 49 49 49 50 ——50 43% 43 43% 42 42 43 .—100 - _ _ Mar British Columbia Columbia Telephone 12% 1.52 1,079,353 9c 10c 18,800 11 11 Commonwealth Jan Con 4.50 Mar Jan Jan 44 13 % 15 15 15% 305 * 44% 44% 46 % 10,378 41 43 44 710 43 Mar 83c Jan Mar Jan Mills Erunsman Brunston 83c 1.00 3.00 35 10 %c 12c 25,750 8c Jan 8c 10c 9,375 8c Mar 15C 12c 32,250 3,425 9%c Mar 18c 21,520 1.07 Brunswick Mining Luffadison Smelting—1 9.60 Gold Buffalo A , Buffalo Canadian Buffalo Red Building 10 Mar Consolidated Mar Consolidated 13c Feb 18c 7c Jan 11 %c 29 % Jan 14c 13,735 7%c 8c 10,300 34 % 210 13c _ ____ Dock class Dry __Z__„__....« _ A —i.® v-_ Calalta Petroleum Calgary Calgary Jan 15%c Jan Consolidated Jan 64c Mar Consolidated 11% 2,000 Feb 15% Jan Consolidated 10% Mar 11% Jan Consolidated 7% 1,85 Feb 1.65 Feb Feb 1.55 Jan Feb 28% Jan 1.33 1.30 1.35 21,065 _♦ 28% 27% 28% 2,455 Power » common Campbell Chibougainau Campbell Red Lake Canada Cement :_l Iron class Canada Oil Nicholson 84 13- Jan Mar 40 105 100 % 49 1 „ 410 435 23 • Oil Canada Southern Petroleum—_—_—i Canada Steamship Lines Mortgage preferred Astoria Admiral Canadian Atlantic Oil * Minerals __2 ___ Bakeries class Celanese Dredge A 229 29 Jan 270 11% Feb 12% 22.600 14c Mar 24% Jan 9,433 40c Mar 58c Jan 7.00 6.05 7.00 24,122 5.95 Feb 4.00 Feb 4.50 4.50 47% 48% 3,681 3.40 3.65 25.060 24 13% 13% 970 13 13 13 Vh 29 29 . 29 5% 2,245 75c 1.50 7.60 lbc _ 100 ~ 20 3.25 18% : 914 28% 3,247 28% 100 100 100 11 4.90 4.75 2.80 2.89 22,392 2.30 4.35 2,600 3.65 40 50 23% 95 93 , --—-J Cheskirk ! Z 1 - - IZ_Z__ZZZZZZZ ZZZZ To , Z_~ Mhies 1 Chib-Kayrand Copper __ZZZZZZZ Chlboug Jaculet Mines ZZZZZZ" 75c Chibougamau Explorers Ltd— Being exch. for Anacon Lead Mines One sh. for each 3 For footnotes see page 40, ' ■ W? .* __ZZ 116,800 14c Jan 32c Mar 3.45 3.70 29,709 14% 15 88c 19,100 10c 1,750 Dominion 9c Jan 1.20 Feb 1.60 4.25 Jan 5.10 Mar 9,740 1.90 Feb 2.69 Mar 7,000 8%c Mar 10% Mar 325 2.80 Mar 4.25 42 % 2.60 9%c 2.80 3.00 39 % 39% 25 39 % Mar 1.75 325 1.50 Mar 16c 16c 18c 27,500 21 21%» 310 35c 27c 39c 369.413 22c Jan 42c Feb 20c 18c 24c 97.385 18c Mar 36c Jan 27c 2,193 22c 11'Ac 14% c 39% 24c J 14c - 16c Mar 21 Jan Jan 1.80 Feb 28c Mar Mar 22 Feb Jan 16c 26c Mar 47c 9 9 9% 225 9 Mar 10 1 47c 43c 50i; 64,4)93 _1 25%c 25 %c 27c —I 14c 12C ,_1 1.00 1.00 - Ltd V 42c Feb 26,000 9c Mar 10,200 '25c Jan 15c 16,333 12C Feb 1.05 27,500 70c Jan ____* 5.80 5.60 5.80 .25c 2.51 2.00 2.53- _J"_ 50,660 28% 28% 29 3.195 2.50 11 % 11% 12 7;310 —._%♦ 12% 12% _25 8 12c .' 11 14% InVest com_____—I Dominion Steel A Goal_i —% * 21 21 — 26% Dominion Scottish -■ 11 ; . . Jan .Preferred 50 Dominion Woollens 15 'is A —_i — Mudge_ Jan Dow Brewery Jail Duvah Copper Co .• ; Jan ,13 Vk Jan 21 50 21% 6,640 - 20 13 26% Mar 1,830 . 11% Feb Mar 26 1 19% Feb 23»A Mar 44 11 Feb 12% 8 ' Jan 9% 50c Feb 41,960 20c Mar 6,900 95c Jan 30 Jan 20c 2«c 1.25 1.45 30 30 30 Jan 39% Jan - 525 - "..15%.•■Mar.:' 21 300 23c Jan Mar 1 79c • Feb LOO Jan . jan Ja n 135 - .Jan 1.0b 37c Mar : Jan - . " 1.75 30 Jan Jan , -1 42c 40c 45c 35.800 40c Mar 73C Jan, —I 20c 20c 22 c 12,150 19c Jan 26C Jan. 1 9%c 9 Vic 9c Jan lie i Ltd: Duvex Oils A Minerals——. — Mar Jan Mar Jan • Jan Mar 1.02 East Amphi Gold- East Malartic Mines— East Sullivan Eastern Mines.— Asbestos —L 1 r.^_. Ltd Co 4,497 1.30 Jan 2.00 Mar 1,617 1.84 Jan 3.30 Mar Elder. 57c Mar Eidrich 55c Mar El Pen-Rey El Sol 55c 2,100 45c 8.10 5,510 7.40 Feb 3.10 3.10 3.25 1,200 3.00 Mar 6.75 6.75 ,7.00 5,550 6.75 Mar 3.50 3.80 2,800 3.35 Feb 8.30 5.00 Jan 7.85 8.30 42,520 6.65 Jan 8.30 Jan 2.00 1.91 2.05 8,465 1.25 Jan 2.35 Mar 8.50 Jan ' 3.50 Jan 7.00 Mar 13 c Jan Gold .Emerald Eureka 500 45c Mar 62c 30c 35c 45,600 30c Feb 50C 3.10 3.35 145,431 2.90-Feb 4.10 Jan * 5 4.50 5 1,525 4.50 Mar 8% Jan, 10 10 10 100 25 25 25 50 SO 50% 30c 30c 30c 2,000 25c 25c 28c 8,500 25c Feb 40c Mar 30c 32c 41,750 30c Feb 59c Jan 1 common— 1 ^ __1 Glacier 25 48c 45 — 25 25 47c 55c 25c 600,337 16,800 45 2.75 45 Mar 27% Jan 50 . 415 20c . — Jan 13 Mar 58 Jan Feb 82c 2,75 600 92c 72.840 7.500 54c 28c 30c 17,600 36% 351'« 36% 5,576 16V is - Feb Jan 39c Feb 58c 64c , . 2.75 Jan Feb 47%- Jan 16c 43 Feb 40C 24%c Jan 50 83c 85 c * — 1 Jan Jan 28c 1 ; Refineries. , , 10 5fic * Corp Explorers Alliance 30 %c 25c: Equitable Life Insurance Erie Flooring class B Excelsior Jan 34c _1 Ltd 45c 1.46 Jan 5.25 Feb 20 Mines Mines 45c JaiL 1.10 Mar 4.10 Z__* Mines— 69,750 48c 7.85 5,168 ___* Oils 50c 52c 7.90 10,200 3.30 : 2.00 Jan 1.25 5.00 I Products 3.15 46c 1,500 1.15 4.50 —I ! 'A Smelting Ltd Mining 10c 1.15 5.00 1 Eastern Metals Jan 2,75 Jan Mar Feb 95c Feb 75c 28c Feb 49 Vic Jan '33% Feb 42% Jan , Jan- 3J20 Mar Mar 58 Feb 4.00 Feb Falconbridge Jan Famous Nickel * " Players Canadian... Fanny Farmer Candy r_ 31c 8.000 26c Jan, 35c Feb 31c 30c 31C Faraday Uranium Mines 16,800 30c Feb 556 Jan 2.75 2.60 2.85 7%c Jan Feb 4.25 Jan . Farwest 16 15 Jan 16% Mar 18 17% 18 982 17% Feb 19% 2.53 2.84 261.035 1.46 Feb 2.85 Mar 1.65 1.85 31,855 Feb 1.95 Mar 3.85 ,* !. Warrants Fargo Oils 16 2.67 1.70 Jan 30 %c 1 1 28c 30 «/3 c Ltd 25c w— Tungsten Copper 4.40 1.391 80c 2.93 Jan 4.50 13.475 19c 19c 1,700 28% 29 400 28 225 25 14c 16%ci 13,700 4.50 Mar 26.% Jan 25% 1 18c Jan 28c Feb Jan ' ■ .Federal Grain class A________: , Preferred 3.05 3.05 3.25 5.050 1.01 1.20 106,300 3.10 3.00 3.10 4nc 45c 1.00 1.17 » 1.14 40O • 2.65 74c 2.85 Jan 4.25 Jan. Feb 1.21 Feb Jan 3.30 Mar 2.600 38c Fely, .. 11,800 75c Jan " , y 53c Msir 1.21 Mar 28% i_20 Federal Kirkland common J—'I Manufacturing,^.— Florida Canada CorpJ^. Fittings *4-^— — Fleet Ford Motor Co * <U. Si__ 1 4.75 * *. ,6.0c 4.75 70c 80c 6.55 —_ _13 53 53 6.7p54%" . Mar - 31 Mar 66c 134% 1.45 Mines Dona Ida Donnell 1.00 *" 12% Mar 10% Jail ' 97.326 1343:» 134% 100 .i Jan 1,315 ' '• 32% Jan Feb ' 8%« ' % 1 - ,. Mar-A 8V2 8 8 Jan-., 2,53 Mar 7% Dominion' Textile common—%_! 5.95 21c 7% Feb Jan —___ Jan Feb 12% 923 Stores.;—• 1.15 Mar 6 % Mar 3.155% 28 . Jan, 10 79c • Jan 16C 115 8 6% * 77c - Jan 19 Vie 9.25 Jan 900 13 8 6%- —* ; Jan.-. 35 %c Mar;.-. Mar 28% Jan Mar 60c 1.42 Jan 199,749 __2 : common- 4.65 257,952 12c 15 lac 14c 2,795 Jan 34%c. Jan 9c 56,650 44 Feb Feb 293,400 36c 35c. 67ic 14% Feb 2.27 Mar Jan Jan 2.45 27% 30c 9%c Feb 15c Jan 100 27c Electrohome : Ind_ 60c ,. Jan 1.09 4,085 Dominion'Foundry A Steel oomraon..* Rights L —• Dominion' Magnesium 2,443 , Jan 16 1.50 1 preferred- Dairies 117,222 , Feb Feb 4.70 11 Vi- 3.25. Jan — 14% 80c 5.20 4.55 11 16 , 3.25 Mar 720 80c Jan 8%c :—1 Mines 80c 1.20 -1 25%c Jan 1.23 9%C ——-——1 Dome Dominion 32c 1 1 Jan 21 %c ——__1 — Eastern "Steel 2.40 65c 6.25 Mar 6.25 . : Mines Dominion Coal Jan 54,989 Feb Jan Feb 1 Mines Dome 85c 3.5C 35c 10 — Beagrams_l Exploration Mar 35 3,700 5.25 4.25 1 — Distillers 65c 1 , — '. Mines 6,830 70.400 Fab 36c 50 —_______ Producers 80c 3.75 51c 4,616 10c _____—— Palmer Gils__ Diadem Eastern 10c 12 %c 23,200 ZZZZI Mines Jan 3.75 215 70c 1.50 1.80 12c 4.75 85c ——i- —50 3.10 3.75 6.25 60c 35c 1 " Mining A SmeltingZZZZZ " Consolidated Mining CorpZZ" ^ Delnite 69c '\ Chromium Cochenour Willans Gold D'Eldona Feb Feb Mar 6.00 42 14c 2.30 Mar 40c Jan 4.50 20 Vis 110% Mar 1534 Mar Jan 10c 12 %c '18c 52 36% Mar 20c 3.75 common.—— Mines— Horn 100 25 12% Mar 27% Warrants Deer 500 53,400 9.20 Jan 4,517 25c < Brewis 2.30 52 2,290 1.50 . 2.30 . 218,175 11 4.60 Daering Explorers Mining Corp__; 100 3.20 30c 21 99 Jan 36 % 44 5.00 Feb * 3.50 10% 11% 3.20 Mar Feb I8V2C Mar 14% Daine 15 V. held Chibougamau Mining & Smelting... Chimo Gold Mines . . 95 52 Feb 34% ______ nctiu • 90 2.86 25c 1.89 Jan 2.28 * 40 Mar Feb 70c Easy Washing Machine common Eddy Match Co_ Eddy Paper class A 3.20 28c 9%c 25,096 Dominion Tar A" Cheirilcai common—•* 26 9J/aC Feb 2.50 1.12 Mar 43,500 2.50 Dominion 33% Mar ... Jan Jan 10% „! —____' 65c 2o 1.12 2.38 Jan 7 < 2.30 1.05 6.25 Minerals Ltd_! 5 3,500 Jan 15 %c 17 %c — 215 / Jan 20c 4.75 i 13,156 10%c 10%c Mines Chesterville 4.30 Mar Mar 16c Jan Jan 13% 28% Feb 23 '/3 Feb 39c Jan 17c 100 2.60 93 39c 9c 1,566 35%. * -ZZZ10 — Mines 23 Vic 23 %c » _ZZZ"~ 1 Mining,. Peroleum— Toronto______ Timber 15% 43c Feb 22,666 19c 2.30 455,880 1.27 Canada— 12c 70c 69c 11c 17c 1.44 Basin_u___ 1.80 , preferred 10% Mar Jan Jan Mines . Jan Feb Trust Cusco Jan 16c 25c Pershing Crowpat 25c Jan Feb 3.15 « Steel Crown Feb 9%c 2.30 . 2.30 Copper 105 • 9%C 16 %c 14,400 13,241 Mar 101 , „ Feb 9%C lOVic 1 Zinc_^_:—_—______ 31c Charter Oils Chatco 1 _ _ 58c 30 Feb 30 93 1.00 32c Feb 12 Feb 4.00 10c 12c 75c Jan Jan Jan 42c 36c 26% Mar 98 % Feb 552 2.80 lie 1.00 •> 22c 28% 8,600 20c 10 Feb Mar 11,527 Zl __ 11% 8% 5.25 0 Porcupine 50 19% Mar . 6.00 Jan 27c 33% 1 Ltd '■ _ 7,265 % 3.50 Mar 12% Jan 2,500 27% ; 1,386 30c 1 ___ Trust 18,690 10% %%""*!'20 •"" gc Ltd—Z~~ Gold 18% 100 Quartz_ZZZZZZZZZ Pat 17% 1.75 24% ZZZZZZ! ___Z 2.25 Mar 56,187 Jan 32 1 ZZZZZ ZZ_ZZ _ Feb 3.25 24% —- Explorers •33%. Jan 27c . Athabaska 8% Mar Mar 8% ^ Cayzor Jan 18 9.90 _ Central 8 225 32% xuu ~~~~ ~~ Asbestos Corp 470 9% * Copper Coy Gas__ 965 8 24 3 i Z_Zloo Producers Jan Mar 20 1,310 G,S99 _1 Corjr Exploration 21 125 . 3.25 10% 16=;, — Williston Mar 10 and Petroleums Canadian Tire Corp v* Canadian Utilities pr sferred Canadian Western Nat Gas 7.25 Jan /. Feb 125 .Jan 2.70 Mar 5.10 Jan 20 10 2.15 Croinor Del Rio 19 " 1.98 1.200 18c Feb 15c Warrants • Devon 10% Mar Feb "25 Jan 8 2.15 43 V2C 43'/2C 19c 25 75c Mines Preferred : 1.60 Mar * Jan Mar 1.65 1,735 20 125 15,233 43 Vic Warrants 8.10 Mar Jan 6.50 Jan 85c 18% Mar 80c 25 Pacific Railway Canadian Petrofina Ltd preferred Canadusa Oil & Gas_ Can Erin Mlnes__ 10- 11% Canadian jL 7% 18 1 , 525 6.50 ZZZZZZZZ Canadian Salt 222,045 125 « warrants Pipe Lines Canadian Prospect- 52,280 8.10 6.10 20 * _ _ Canadian 1.80 10% 69,405 "loo 1,40 Mar Mar 7.50 iZioc 1955 warrants_ Jan 70c 485 common—* preferred 7'A 10% 2.63 Mar 14% Jan 5% Mar 72c 18% 32c 5.00 Mar Feb Jan 5% 2.35 29c Feb 65c 9 75c 18% Feb 29c 4.30 Jan 2,600 Decoursey 5% 2.50 Jaiir 75c 1.30 Mar 18% 25c 7,979 Jan 3.70 33,156 Jan 1,125 * Jan Feb 2,559 35,437 26 1.38 Feb 73c 30 19,600 1.40 40c 20c 20c 5.00 4.90 Feb 3.00 21c jan 7% _« Feb 70c 65c 16 1.37 7,880 28c 115,010 17c Mining Crestbrook Feb 3,620 Publishing of 35c , 1,282 33c Distillery class A Oil Jan 81c Exploration Lead 28c Mar 19c Jan 7% ZZ^ZZZZ* Leduc Oil 50 19c Jan Jan 18c 3.20 A___— D'Aragon Mines Davis Deather class A_'_ 13 9,000 65c 27% Jan 415 19c 20 %C Jan Mar Jan 27% - 9,257 10 %c 73c Corp Ltd—_ Crestaurum Feb 26% Jan 1.30 Husky Gill- Central 13% Jan 3.75 Feb 7% . Hydrocarbon 5.00 Jan 56 23% Mar _* common 7.30 Jan * 23 % Mar 53c 1.32 ; __ Central 2,379 % Z Feb 3.00 Feb 62,635 13% 45 820 75c 1 Food Products Chartered 5 Cree Jan 17c 26c 1.70 50c Feb 2.50 West Cowichan Mar 45c 2OV2C " Jan Feb Poplar Min—__ —-1 Tungsten 7.85 Mar 40c 8c 1.20 30c 17c Cournor Mar 14c 25c 500 2.45 Coulee 3.C5 Mar Jan 3 — Central 5.00 * Export Gas Ltd Trethewey Feb 1,000 3.00 1 Corby Jan - 34 12 % 75c * Warrants Cobalt 12, "82 34 12 4.50 Canadian Malartic Gold _ZZZZZZZ* Canadian Oil Cos common— Ltd. 7.85 31 24 % Ltd Dock Jan 94 7.40 _« Canadian Gen Securities class A_ Canadian Homestead Oils Castle 90 Mar 31 65c warrants Preferred Mines Mar 91 7.50 23% Dyno Mines Gold 80 1 Resources Canadian Fairbanks 'Morse 1- 75 125 11,580 8,755 50c ' Jan 76c Copper-Man Mines _____—_____ Copper Rand Chiboug... 37% Mar 91 1.59 3.50 3.10 Mines Ltd : -__1 Coppercrest 2.85 Mar Jan 2.75 23% Drawn Steel preferred Natural Jan 35 % 91 24 ___ Thorium lf75 4.50 2.90 Mar 9%c 19%c Mines.—,— .—A Copper " 2.45 73c Devonian Petroleum Captain 550 —• Canadian .Cariboo 3,050 3.55 „_25 Canadian Canso Oil 2.60 36% » Decatta Gas Cassia 2.50 36 % 23% A__— Canadian Oanso Jan ioc Oils common_— Collieries Preferred Candore 3.20 47% * common Empire Canners Canadian 6,905 25 British _ Canam 3.85 1.45 15% Mar 9%C Sudbury Conwest 4.20 Mar * Breweries Canadian Jan * $1% preferred Canadian Chemical & Cellulose Canadian Chieftain Pete 1953 1.42 20 ; Preferred 57c 35,028 80 Jan Sannorm Copp Clark 5.00 Mar 80 Jan 50c Jan 1 Mine. class Consolidated 24>/4 Mar 2.46 Mar Pershcourt Consumers Gas of Jan 44c ____ Bank of Commerce— Rights Canadian 3.60 ,_i Oils Canadian Canadian 3.70 90c Feb 5.50 20c Mines Press Consolidated Feb Mar 55 Jan 2.55 common Canadian A 4.20 12.50 Canadian Class 3.55 100 warrants Canadian Canadian 273,468 __20 Ltd Preferred Canadian 5.00 2.60 Southern Canadian 4.35 ■» Permanent Canadian 4.50 Mar 36c Consolidated Regcourt 107% Mar 47% Mar 24 % 1 B 29 Jan 47% 23% Safeway Canadian Jan 49 % Canada Canadian 2614 24% Canada Canadian 106 45c 2,640 Consolidated 15% Mar 35 103 14,032 45c Consolidated Jan 990 i 9,548 55c 42c 20,852 4.70 Oils—— Peak Consolidated Red Jan 500 105% 3.05 46c 1 '1 23% Mar 25 % Consol Quebec Gold Mines 6.25 Jan 15 3.95 class 13 % 30 37 Canada Canadian Feb Jan * Lands Packers Canadian 26% 9.15 5.10 24'% Mar 26% Warrants Canada 200 2,544 Jan Jan 'ZZZZIZ.1 Explcr. Consolidated 65% Mar 15 — . Canada 5.70 25 % 26 Explorations... Warrants 3,395 5.60 24% Mar 35 100 , Met 11 % 10 Vh 25 62 » : common preferred Malting common Preferred 785 Mar 26c Feb 12=?^ 25% Mines Consolidated 10 A Foundries 65% 11% 20 Foils Canada 4 Vi,7r 64% 1 * common.. Preferred Canada Canada 65% 1.25 24 40c Feb 18c : 2.92 nzztzl Jan 6.500 1.85 Jan 52c --- Mosher Negus 1.75 1.85 1,000 'ZZZZZ1 10c 26c 250 25c Edmonton & . Jan 19c Jan 66,906 , .—.....J Morrison 1,600 Consolidated Cabanga 22c ■ 43,240 Jan J«n 23c 3.00 0 6% 49 Vic 15»/4 *. 13% 19c 7/i Jan Mar 10c' 252,525 r':. Mar 23%. Feb 100 23c ; T2%c Feb 6,400 40c 19c 6%. Feb -34,000 8,785 7 * v v Jan.. 13% Mar 10% 10% 17c - Mar 1 Mir Marbenor 52c * •16c - 1 —____ Gold___ Howey 14% lCc 10 Vac 46c 48c 1 Jan 11c 12 %c —ZZZi Lake Jan 3.5 216. 10c 45c Gillies Consolidated Halliwell Feb 44c Feb Mar 21% ■ZZZZZ 1 12c Jan 8 %c Mar Jan I3c 22% 20 Vic 89c 67c 25c 25 26c 34c warrants B 14% Lake Burrard Feb 4,803 2,480 33 % 13 Vac • Burlington Burns 8 |9c 7%c ; _ _____ Burchell 10 78c 33 % Gold Lake Products Hill Ext——— Bunker 9.50 8%c 9c 1 . Class Consolidated Jon 78c 1 Ankerite 24c 1.57 Jan 19c 35c 6,820 -26,100 6'% %«% 37c Jan 3.00 2.25 Mar 2,000 13,575 f 16c Jan va 2.50 Jan .Z,. 45c' Jan %; 1 Jan 12c : 12C - - - 18c V 4.35 Jan llJ.h 1 Oil—_ Jan 9%c 1 Mining 38c "38 15c v 1.00 1 __ 35c 12 %c 1 Discovery Dragon 11 Vic 400 14% Consolidated 2.25 Mines 3.65 Feb 9% Mar 1.80 Feb 16c * Mines Consolidated 1 B_ ■; 125 Jan 1 Mines class Mines Mar 10,200 -1 Denison Feb 15% 46% 11 2.15 26c Warrants 46 % Mar Feb 43% —* _ Co 13% Feb Jan 3.90 * -1 Consolidated Feb 6% ' _ Cadillac—x~ Flln—— Centl " Jan 10Va 36% - 15%c 1 Gamma—___ Cordasun Oils—_________ Consol 46% Jan " * Caliiman Consolidated Mar 50 f, Jan 0 Mines BeUekeno Beta Consolidated 95 ''1 Mai- > 38 - 15c _____1 —— Consolidated Jan ^ *-—• Bakeries Consolidated 3.25 Jan 47% Jaa 16c 10 2.05 ____________ Development Corp___ Consolidated Allenbee Oil - 2.14 Feb 10 , , - ; ——" Mines Key Conro Feb Feb Feb 2.00 10 .2.50 — Jan Jan 17c 9c 700 • * - 59c 1.31 3.75 r-_——— ___1 Mines Coniaurum Mines 1 Bruck Brunhurst Pete 11 National" Conduits Coniugas Jan 41% Jan 11% Jan - 42 3,215 lie 9\'i€ 205 25 Power British 11% 12 Products— Forest 3,500 __1 66c Jan 48 12c 12 %c High 8V2 Mar Copper Yellowknife Mines-—— Combined Enterprises 240 , 33c Colomac 20 2.60 Mar 95 >— 20,500 Coldstream Mar 9% Mar 1 Jan; 91 51c ^ 12c •>," 7% Jan 38c % 1.31 5.45 Mar 43'A Feb 137 4.060 . - ' 1.36 Mines Gold Lake Consolidated —_— " Low 7% __1 95 c Feb 42c 39%c Range Since Jan. I High . 10c Feb ,7% Jan 4.40 ZZi 7% —1 5% Feb Mar 15-% 7% Shares —— 45 Feb 3.75 500 Equipment..— Farm 1 Reco f«r Week : 48% Mar 4 Feb 7%c 7,585 12 %c Jan „ Jan 43% 17,000 V- —1 Oil 42 45 9c 5.05 Feb 4.85 Mar -135 47c British Columbia Packers class B Reef - 8%c Electric— Columbia Broulan 5% 17,000 44='., 47 9% preferred preferred 414 % 5% 44% A 23 . preferred—. British Mar common— Britalta Petroleum 4 12c 1 — Ltd—— British 5% 4,000 5.40 Petroleums Bridge & Tank warrants— Bright (T G) preferredBrilund Cockshutt 14c Mines Bralsaman « 9c 5% Low High 12c 1 Sales Range of Prices Par Low 11c• Last Sale Price Range Since Jan. 1 High '' Week* Friday STOCKS V Shares 14c 50 50 1 preferred Eoymar MARCH 2» 9%c Paper common Bralorne WEEK ENDED 1 1 Gold preferred 5%% FOR . 1 Mines Mines Bouzan Prices Low Par Bouscadillac 01 ... for Week Range Sale Price Bordulac Sales Week's, Last STOCKS 14c 2,075 400 Mar , 70c. Mar 5.90 23% Feb 51% Jan Jan 22c Feb 2.75 Jan 145 2,960. 33%. Jan. Jan." 4.75 Mar - 1.10 . . Jan. 7.40 Mar 56% Mar A Number 5625 Volume 185 The Commercial and Financial Chronicle ... (1553) 45 CANADIAN MARKETS RANGE Week's Sale Price ' Ford Canada of Class B A Companies Fraser Ltd Frobisher Trailer Fruehauf Galkeno 101 Mar 24 12c 20 Jan 4.500 28% 29% 235 2.60 2.80 6.590 76% 100 11,400 39,889 24 7—.— 1 20c 18c ,77 7% 21c 1 1.17 1.10 1.25 — Co__——..j Exploration Gaitwin 1 10 __ Mines 7% — 11c Mar 67/a Feb . Mar 18c 1.01 Jan Lomega Explorations Long Island Petroleums. Jan Lorado .. Jan 35c Louvicourt Jan 1.30 Jan Uranium Jan 7 Mr Jan 41 41% 595 41 16 16% 2,569 16 III Mines 9c 26,833 15c 28.100 55 1.46 1.68 224,850 1*20. 1.20 1.39 33,750 16c 16c 40c 1 8c 14c 44c 1 1 IIII Mines_IIII Co Yellowknife Gold Low 9C I Goldfield Lyndhurst' Mining High 14c — Warrants Lynx m*^ * Jan 80 v. Range Since Jan, 1 Low class B Jan 3.10 , Feb Shares 50 preferred 34 - Feb 2.50 75% Cos 21c * 28% M'sr 500 Loblaw 26 J,,* for Week Par 107 %. Feb 117 Sales Range Last i Sale Price High Mar 101 2.65 ——0 .—100 __ . 100 101 . Debentures Low 366 103 29% .. common High 11c Week's of Prices Friday 100 24 11c _.—V; 29 STOCKS 101 * of Canada Co MARCH Range Since Jan. 1 103 - * Mines Francoeur Low * : ... Foundation V Par class Shares FOR WEEK ENDED for Week of Prices Last Sales Range Friday STOCKS 1 '• * 9c (9C- High Mar 43% Feb' 8c Jan 13 %c Jan 20c Mar 13 %c Jan Feb 1.12 Feb 1.70 Mar 80c Feb 14c 4,000 f Jan 23c 1.49 Mar 28.000 40c Feb 8c Jan Jan 80c 6,500 ... Feb 17% 11c 10c Jan Jan Jan s ■ Gatineau '.«! common—'—^ 0 100 Jan 1Q0 Mar 50 16% * 1% 5% 55% 37% common—1 5.15 ; : Bakeries General Dynamics General Motors General Petroleum Class A General Canada __1 *. Steel Mascot Giant Yellowknife Jan 105 5,353 14 % Feb 17% Jan 5% 56 37% 350 4.85 Jan 5.50 Jan 255 37 5.15 5.05 16% 5.50 1,300 5.05 53% 5.45 ; 37 Mar 5.00 407 Jan Feb 59 4.50 Mar 4,975 Mines Mines Mines Jan Maneast 19c 19c 1,000 16c Mar 27c 4.85 4.85 5.00 2.970 5.80 Jan y 40c 39,820 40c Mar 71c Feb 21c 4.500 20c Jan 29c Jan 12c 13c 6,000 11c Jan 15c Jan 1.30 1 45c 20c 44c 1 Manltou Golden 1 —; — 1 Mines 1.40 . 1.40 6,150 1.30 23,300 1 25c 21c 27c common—* preferred 1— 50 Graham Bousquet Gold——__1 1.70 1.67 1.70 Uranium Goldfields Goodyear Tire Lakes Great Northern Gas * Gulch Gulf Jan 19c 15 %c 235 5% Jan 3.75 3.95 875 3.40 Feb Feb 1.21 42% 45 1.38 10.400 7 7% 375 4.75 49c 4.75 » : __.9c 4.75 62c 375 518,782 9.60 9.60 38 730 1.21 x 500 __ - 21 —_1 10%c 10%c 11c 20% 20 21% 13% 13% 14 Gold 1 — 12 %c 12c 13c 23 23 23% McKenzie Jan McMarmac 5.50 Jan 62c Feb 11% Jan Feb 10C Feb 19c Feb Jan 14 Mar 10% 2,105 15c Jan 3.00 Uranium Mexican Mar 26% Jan 9c 22% Mar Paper 5%% Meta Jan Oil _1 Cotton Harding 3.00 200 100 Carpets Hard 3.00 93% 93% 100 Mines preferred Minerals Harrison - __1 ... Headway Hendershot Hi Dauch Class Hoyle 3,614 15c Jan 23c 9%c Jan 14c Jan 90c 48,400 '75c Feb 1.07 Jan 14c 23.600 13c 32c 18c Jan 6% 790 6% Jan 8c 6,500 7c Jan 12 %c 35c 1.25 30c 36c 57,250 25c Feb 39c 95c 1.25 30.600 29c 33c 4,100 11 10 1.55 24% 1.55 1.55 25% 37e Feb 8% 1.85 Smith Mining Bay 19 17% 19% 29.723 11% Feb 17% 19% 26,902 10% Jan 35 35 160 Smelting & 5.45 5.80 8,668 81% 1,708 30c 1,500 * Porcupine 78% 81 - 1 Imperial Bank 25% 32% Mar 76 7.00 Feb 10 Gold Accept Corp preference 5%% Ltd (John) Co Inland Natural Gas Preferred 50% Mar 11 100 50 90% 5.00 18% 18% 10 1 19% 8 A ... International Ranwick Pipe 3.90 85c ' Ltd 29c * 1 Iron Bay Mines Isotope Products Ltd 1 — 27c 31c 52% 53% 1.30 1.42 3.70 4.55 , 4.55 1.35 Wait Jacobus "Jaye , l, Corp Exploration Explorations Ltd Car Gold Mines Joliet-Quebec Jonsmith ... Kelvinator Co Canada Keymet exch Being Kilembe for sh. One " | Anacon for each 4 Lead Kroy Lake Lake Mining & Cinch Osu Lake Shore La Luz L~ Mines: Mines Gold i Leitch 15% Acceptance class Gold y. 2nd 2.780 preferred class A pfd. For footnotes see page 46. 22% 100 22% Jan 24% Mar 22V2 22 % 22 Jan 22% Mar 76c " 66c Feb 80c Mar 15 Jan 17 Mar 49% Jan 58% Mar 5 10% 10% 10% 450 9% 10% 10% 11 155 10% 1.16 Mar 56c 44c 60c 208,800 4.15 4.15 * , 150 39c Feb 4.10 Feb 3.35 Jan New Continental New Davies Petroleum Jan New Delhi New Dickenson New Fortune Jan 4.20 2,100 26% 635 25 Mar 28% 41 41% 105 40 Feb 41% Mar 15C 18c 15,500 16c' 14c Jan 22c Mar 54c Jan 90c Feb 47,833 13c Feb 23c Jan Oil 55c 46C Canada.. Mines Jan 69c Mar 20c Jan 24c Mar 319,000 1,03 85c 1.09 1.35 1.35 1.40 1,910 16c 15c 17c 26,100 1 1.68 1.50 1.70 23,550 15c 15c 15 %c 8,400 24c 27c 36,000 30 %c 31c 1,500 Jan New Hosco Mines—: ._i 25c 25c 28c 25,445 55% Jan New Jason 1. 13c 13c 15c 18,833 2.20 Jan New Kelore * 15c 15c 17c 83,366 * .... Gold 1 1 Mines ... 1 1 Gold ... 1 Exploration.l Gold Mines Jan Rim 84,400" 85c 8,050 42 c 48 %C 122,105 i»; 48 %c L 13c 12c 16 c 35,100 9c 9c 9%c 12,500 15c 1 14c 17 %c 1 _r., ... Mines Corp 1.35 Feb 15c 16 %c F»b Jan ' 15% Mar 24c Feb 48c Jan 19c Jan 32c Mar 12c Jan 25c Jan 14c Feb 24c Jan 30c Jan 51c 80c Mar 37c ■Feb 52c 10c 1.34 Jan GOc Feb Jan 12c Jan Jan 20c Feb 2,426 Jan 31,014 3.55 Feb 5.00 Jan 3.05 10,765 2.55 Feb 3.35 Jan 10 %c 13c 30,200 10c Jan 15c Jan 28c 34c 82,000 24c Mar 45c 2.15 3.40 3.40 3.80 1 2.91 2.91 13c 1 33c 6,300 7c 47% 49% 2,464 47 20c 22c 3,000 15c Feb 22c Mar 28c Mar 1 25 %c 23c 26c 118,900 12c Jan Mines 1 8%c 8c 8%c 7,500 8c Feb Mining Corp * 4.75 4.65 4.85 1,990 4.25 Feb 1 1.35 1.18 1.35 251,950 1 50c 48c 58c 14,775 32c" Feb 65c 2.00 Feb » 50c 50c 54c 8,750 50c Mar 85c * 5.20 4.95 5.20 4,510 50 37 37 37 40 •2.80 Jan Jan 98c Jan 26c Jan 19c 16,710 1,100 21,800 91c 18% 86c 18% 95c 18% * 18% 18% 19% 2,089 1.34 1.16 1.10 1.34 1.20 55,050 1.16 1 10c 10c 15c 15c 4.60 4.50 12c 17c 4.70 530 3,761 10%c 17c 22c 1 Jan North 18 Feb 21% Jan Northspan 90c Jan 1.60 Jan Feb 1.85 18c Jan 3.40 890 5%C 7c 129,000 6c 61c 70c 9,700 48c Mar 1 1.40 1.22 1.43 176,600 99c Feb Feb 1956 649 550 14,500 3.75 3.00 2.10 Jan 5.75 Feb 3.90 Mar Feb 17% Mar 9 73c 2,55 19 8.95 106,729 5.80 6.80 41,235 5.80 Mar 12% 13 1,432 11% Mar 4.75 4.75 1,360 38 38 39 645 4.75 Feb Norvalie 11 Mar Nudulama 92c Mar Obaska 10c Feb 14c Jan 12c Jan 22c Mar 2.30 2.52 40,850 2.70 14,800 47 47 25 28 29 470 2.20 Jan 1.85 Jan 27 27 Feb Feb 2.80 Jan O'Brien Ogama 3.75 4.85 1,220 * Mines Utilities preferred Mines Gold Feb Oka Jan Okalta 30 Jan O'Leary Metals Malartic 1.85 3,500 79% 81 70 Feb 37% Mar 3.20 Feb 1.35 Feb 79% Mar 17%c Feb 6.95 1.59 5.90 39 3.50 Jan Jan Mar Jan Feb Feb Feb 9c Jan 84c Mar 1.48 Jan 9.00 Mar 6.80 Mar 13% Jan 6 Feb 40 Jan 4.85 Mar 2.10 83 25c Jan, Jan Jan 19c 18 %C 19c 6,250 33c 35c 11,150 30c Jan 44c Feb 33c 8%c 8c 9c 7c Jan 11c 50c Feb 73c Feb 10c 11 %C 8,100 30,900 37,000 Mar * Mine6_, Oils 1.70 80 4.40 13 %c Jan * 10c Mar 23c Jan 18c 175,666 14c Mar 20c Jan 80c Jan 1 63c * Rockland Gold Rare 1.85 100 1 Ltd Lake Mines Oil Selections 30 3.10 '. Mines Jan Mar 18,500 50 Canada Northwestern 20,000 2.45 Northern Feb 7.80 13 8.40 warrants Jail 5.35 Jan 6.55 * common Preferred 3,260 Jan 3.15 6c 62c Uranium Star Oil Jan 2.45 3.40 '. Rankin 14c Jan 36% Jan 1 ; Ltd Class A warrants North 4.90 Feb 20c _i Gold— Oils 2,100 2.46 28 19% Inca 23,850 2.70 30 18% Mar Jan common—.: Warrants 250 11c Northland 1.05 Oils Warrants. North Jan 20c Jan 1,273 80c 11 Jan Jan 1.25 67c 16c 3.90 85c — * 1.25 Jan 13 %c Mar Ltd—, Canadian Preferred— Mar 2.26 18 10 2.40 18% 11 92c 11c 2.35 Feb North Oils 10c 3.40 * 95c Northcal 1.09 Jan 57%, Jan Norgold Ltd Jan Feb Norlartic Mining Jan 8c Feb Mines Jan Jan lie Jan & Jan 28c Mar 18c Oil Jan 22c 17% Mines Jan 1.78 Feb 2.45 1 49% Jan 1.09 Mar 1.50 24c 10c 2.15 1 Feb Feb 8%c 2.05 * Jan 1.33 Mar Feb 7%c 1 .' Ltd 9,200 42c 15c 1.85 1 Mines, Nordon 44c 80c 1 Mines Acme Gold Noranda 35c 85c 1 Rouyn Merger Senator Rouyn Superior Oils.. Nickel 44c 1 ; Minda-Scotia Mylamaque Jan 54c 8,000 26c Newnorth Jan 2.45 Mar 36c 14.100 30%c New Jan 56c 67c 1 Mines.—: Feb 35c Jan 2.40 Jan 24c 1 , Mines Manitoba Feb Mar 90c 60c 1 New 1.78 67c 11 %c 20c 1 Mines... Mines... Explorations Newlund Mar 65c * 9% Jan ,23c 1 2.41 Mar 46c __* Highridge Mining.^ 1.05 , 50c of Harricana Mar Jan Feb 31,061 New 1.26 Mar 28c 3,500 22 %C 23 %c New 34c 5.05 Mar 4.00 Jan 1.55 Mar Feb Jan 4.30 Feb , 25% Mar 4.35 Mar Jan 63c 4.10 .41%. * * Petroleum Jan 41c .Jan , 26% .. 1.85 Mar 52 12 Jan 23 %c Mar Feb 1.18 « 22% 1,456 15c * — 22 % 9,500 61c * ! Petroleum Groceterias Feb 41,450 6,450 1 Long Lac Gold 1.25 24c 85c 17c 1 Loblaw 10c Jan 19,430 2.45 2.35 15c 17 %c Mines Jan 1.49 24c 76c 99c Mines.' Feb 2.05 1.39 2.16 2.10 17c Gold 13 35c 2.35 1.14 Gold Little 3,108 1 Lexindin Liberal 100,20(/ 47,600 Lencourt 21c 2.45 Norpax l A 45c Mar Mar 50c Jr 3 Laura Secord Candy Laurentide 13c 15% * Mines Jan Feb 16c _„_i Mines .1 Mines Lamaque li%c 1 Lingman Gold Mines Lake Jan Normetal >f%c 1 ; Mar 1.45 __1 Develop Nor 1 Exploration Mines Jan 17c 21% 12 37c Nisto * Mines Dufault 100 35c Jan 1 Ltd. 20,143 12 * Mines Jan 20c (John) Labrador Lake ; Ltd Oils Labatt Bay 9,400 18c II-*',' '• ... 11 Norsyncomaque Townslte 26c 16c Calumet 25c 1 Minerals Kirkland 25c 16c 3.25 Mar New 80c Kirk land 24c 26c * Nipissing Mines 1 Hudson 16 13,161 hold Copper 9%c Mar 4,233 2.30 Jan Warrants Kirkland 4,000 16% 2.03 73c l 13c 16 2.15 Mar ... Ltd— 11 %c 40c Jan 1 ' Gold Mines 13c igi/4 Jan 3.80 Mar 2.50 Mar British Dominion Oil Mar 1'5% Mines..: Kerr-Addison 3,575 New 28c Feb 2.75 Jan 62C 8% Mar 2.50 35c Jan Feb Feb 1.68 2 75 1.61 Mar Jan 525 24,615 357,285 8c 20c 14,150 31c 3.80 65c 10%c 8% 1.90 Mar Feb 27c 3.10 45c 94,100 2.41 26c 31c 3.50 3,100 98,517 8% 3.85 Mar Feb 1.23 17,775 22c 1.96 Feb 1.20 16,000 18c 24 %C 2.31 1.70 Mar 2.95 1,000 9c 20c 15c * . Jan 20,215 1.85 1.31 Mar 55c 21c T 58,550 3.85 1.75 Jan 15% Mar 69c 24c 75c 1.70 3.40 Jan Jan 24 %c Feb 9c New 1 __ of Gold Kenville Ltd 1.53 3.75 1 -Jan 66c 65c New Feb 1^68 -l 13 9c Jan 62c 568,950 69c Jan 15c- * Feb 200 1.31 1 96c 16,109 15% 1.13 15% 48 Feb 1 47c 17,200 15 1,28 17c : Feb 56,600 15% Jan : Mines Feb 17c 29,800 Feb 46% Bidlamaque Gold New- Athona 62c 63c 20c 15C 20c 81c Jan 17c 20c 13 ' 13,396 16c Mar qc; 17c 82,790 72c 2.08 Bristol Oils 110% 7 Jan 45c Feb 1.50 Feb 3.95 Jan 31,665 79c 24c 40e 45c Feb 47 13c 71c 17c Feb 3.15 26c 14% 68c 20c 55c 30c Jan 14% 74c 65c 1 ! _ Jan 46% — lo ; 20c 40c 23,198 25c ; Mines 70c * Mines Mines Jowsey Mining Jupiter Ofls Ltd. . 1.80 Labine Uranium—*.*—1 Alger Mines : 1 1 1 ... ; B .1* 1 Ltd (1939) Mines Joburke Jan 1.70 1.8O 20c New 9 Feb Jan 109,800 Feb New 19% Mar 54c : ..4 Goldvue 19%c 58,104 45c 10c *» Hosiery New 44,800 43c 3.95 31c Mar 11 Jan 26,205 35c 3.70 45c 26c Feb common L; 41 34c 42c 3 90 Jan Jan 5 Drug & Chemical Feb 1.26 16c 95% 78 21c 84c Gas 27c 13 %c Feb 71 % Mar Feb New 1.13 I5%c 90 Mar Jan 30c 840 10,350 23,000 34,950 74c New .1% ... Minerals Jeanette Jellico > 75 25c Jan 51c 4.10 Mar Feb 1.26 Mining.. Mining 10 93 73 23c Mar Jan 5,900 New Jack 93 73 Jan 70 58 % 14,700 Feb Feb 93 23c 26 Feb 6% Jan Feb* ; Jan 60c 19 % Mar Feb 2.60 3,349 Nesbitt Jan 94 Feb 1.10 5,110 70 25% 1.05 Chamberlain ,,1.01 Feb, 26,115 1.25 68 Jan 26 55c Nello • " . _ 100 G9% 89c Jan 90c 90c 27c 26 Mar 59c Feb 47 26 Feb 52c 24 1.05 37 6,629 8,069 80 1 61c 10,200 * 61.101 25 "I * . Mines Concord Jan 1.33 5 59c 25 '86% 1 Creek New Feb 53 % 1 Line 52c Feb 2,834 New 42% 57c 1 Jan 82 58 Feb 94% 280 56% Jan 125 84 Mar 57% • Works* common 50% 3,487 83 7 6 * Corp 25% 6,471 83 Jan Feb < , 5 Jan 52 3,495 2.08 15 Vac 855 Mar 38% 38 50% 57% 24c Mar 99% 101% 38 6% Feb Feb 6% Jan Feb 3.30 Mar 30,660 6% New Jan 12 % , Mar 14% Mar 1,475 70c 50% Jlrish Copper Mines Ltd 6% 2,625 3.50 100% common International Petroleum 4.00 16 4,435 15% 85c l class Co 88 1,300 7% 14% 8 15. 3.50 Ind 47% 4.625 common. Nickel 23 20 4.55 . Metal Interprovincial 100 90% preferred Mining 12c 2,040 50 5.00 Warrants— International 24% . 5% 30,000 90% 20 ^International 23% 23% 13c * , Inspiration • 12c .100 . ; Co 5,202 6.905 5% 50 . & Cement 52 11% Jan 1.33 11c * fNealoh Feb 68 Mar 11 36 %c 4,000 12 Mills class National Petroleum—-: % Mar 5% Feb 13,200 70,600 13c Jan II ■National Jan 9 12c common.* . $4% preferred Ingils 'Inland 65 51% 1 ... Industrial .35 Feb 11% 5% . Lake Jan 46% Mar 100 51% Imperial Tobacco of Canada ordinary_5 6% preferred 4.86% Indian 32' 635 55 20c 28c 1.76 Feb 5,400 Trust 285 179 Jan 80c Steel 49 55 15c 16 % National 32 55 Jan 55c 22% National 9% 55 10 10c 92 72c Jan 9% 9 11,000 Feb 15% Jan 48% 32 ■ 11c 92 16% 46c , ,<_» „ * .. 10c 26c . _IIIl Locomotive 84 Feb Jan Jan 1 Porcupine " ,.25% Mar Feb 29c 25 30 25% 19c A National Jan ',I„ 20 _ Imperial Invest class A Imperial Life Assurance... Imperial Oil 29c ■ 25 — 30 56,790 1 7* Jan 92 48c 1.65 IIIIIIIIH* class 8% 92 * * Preferred Jan 41 * Hughes Owens Co preferred Huron & Erie Mtge:T„: Feb Mar 35c 6% ' * Mines National 19 % Mar 4.65 7% Jan Feb 31c * Moore 19% Mar 18% 5.70 Jan Jan * common.—* * * Paper Mining 7% , 13c * Containers Montreal Feb 25% Feb _* —. Ore Moneta Feb 12 Jan 1.55 Mar 23 % 7% 300 Jan 1.79 Multi-Minerals Ltd Jan 1,240 241,200 .1 Molsons Brewery class A Class B Jan 44 2,090 11 31o Jan Nama Feb Jan 80 24% .5 22c ; * _~Il I_I* Mogul Mining Corp.. Ltd— Co Hugh-Pam Min 1.25 Mar 85c 39% 1.30 27c . Brick Modern Jan 26 %c 190 42 41% 42 11,700 ; Mining Endeavour Co Mar % 1.46 1 70 * Industries Gas 1.10 Jan 1.40 12c common Mining Corp Jan 6 Power Mar 11c 1 Gas Jan Jan Jan 11 %c 50 * Mindamar Metals Corp.; Jan 7%C * A. Gold— Milton Mar 2.500 * — A Hudson 142.000 6% 1 "Class B Howard 45c 7%c Drilling Mfg class Hollinger Consol Oil Jan 13c 20c Canada Holden Home Mar 51c 6% * Oils Ltd Tower Jan 1 „ & 15c * Highland Bell Highwood Sarcee Oils Hinde Jan preferred 91c Jan 2.05 Jan I_* Mill City Petroleums Milliken Lake Uranium Jan Mar 80c 13%c 1 Paper common.—. Crest 7% 6 10c 17c 18%c 1 Mines Heva Gold Mines High 166 18,600 38c 44c 18 %c .1 Lake.;—. Red Gold 6 15c 91c 1 25 Warrants. .93 '/a Mar 11c ll%c •v: 1 of Lakes Iron Heath 6 13c I3%c 1 __ Hasaga Gold Mines Head ... * ; - Mines Gold Rock Jan 3.00 93% Mar Feb * Mining Midwest Hallnor Hamilton & 1.60 200 Mar 1 Light & Midcon 4,600 1 Mines Midrim 1.70 1 Petroleum Mersey 21% Mar 35 7c 1 160 _ Lake Merrill Mar nc Exploration & Development_50c Merrill Island Mining 1 Jan 28 7%c Mentor Jan 49c 4,685 * common Lake______ Red 28% * McWatters Gold Mines Medallion Petroleums Mar 21% Jan Mar Red 32% 00 I* l—^ Porcupine Jan 8% 18 29,500 * — Gypsum Lime & Alab Mclntyre 1.85 21 19.970 2- Frontenac Preferred Jan 16c 37.217 — McColl jji_ Feb 9.60 Mar 3.600 —1 Feb I I A_ Mar 1.05 9,500 1 class B L21 28 4,," — ? 't l II _ Jan Feb 25 3,450 - 30,400 30c; 100 Grain Class 91c "18c Jan Jan 9c n\/ 1 ; Preferred— 4.75 Mar 36,050 21 17c Warrants Ltd*— 8%c Jan 65c 1 45 HI* Mining Corp 15,510 Feb 7%c 1 III 45c 1.90 7c —__~100 — 39,500 Feb 8c * Ltd__ Oils 7 36c 28 1.75 ~n~o * common Martin-McNeely Mines ____II Massey-Harris-Fergusoh Ltd com 43 % Mar 8 30 1.65 £5 qic :IIIIII ~_1 LIIIIIIII* Ltd — Mines 1.02 390 16c 18%c 10 ...—1 Mines ~ - 1.15 30 1 13,200 11c 12 %c 1.10 1 _ _I Maritime 433,4 Mar 42% £ Mines Marigold 3.95 Mar Feb Feb 55c 1*>%C ~i Mines Marcon McCabe 8 3.75 38 45 %c - i0c , Maybrun Mines 7% ; 1 ; Preferred Maralgo Jan 1.900 1,148 1 .... Uranium Maple Leaf Milling 5.60 3.80 43% Feb 1.90 ♦ Mines. Goldfields____. Jan 42 ; ... Magnet 27Vs»c 3.75 15,200 Ltd Lake Jan 43 20c Mines Lead Gwillim 15c 3.80 Trust Mines Gunnar 7,600 16c class A...—_* Freehold Guaranty 47% 47% Mar 1.85 «inP ~i > _ __ Grass Oils Coal Greening Wire Greyhawk Uranium Gridoil Mar Jan 15c 16%c 15c __—__1 Develop Plains Sweet 170 45 46% 47% - Great West 32%c Mar Jan 142 17c common— Warrants Great Feb 18c 48 100 1 Paper.—— Great Jan * :— Mines Great 2.10 Feb __* Mines Grandines Granduc — (Canada) Gold Goods Consolidated Major trans — Mar • Goldcrest Lake Sporting Malartic 34c .1 Mages f)f) . Jan Feb .——1._ . Madsen Red Feb 20c Feb Cockshutt Gold Mines ' Macmillan & Bloedel class A ~ Class B Jqn 25 5,440 4.55 Explorations Macleod 7% 7 23c Mines..—,—1' Gold Macfie l "I"""" "t —__II~ 1 , 6.00 7 7 1 Jan 6.25 23c 7 Mines Macdonald Mines Jan 41 % , Macassa Feb v *— —— Mine Uranium 105. Jan 105% Mar ,ih 1 * common— Ltd Giant 15% 5% 55% Jan 30 ,tt ——1 Wares Mines Goldale 1 ; ... —— Genex Glenn 27 15 105% 105% — —1 Ltd— Mines General - 535 28 100% prior preferred......—100 5%% Geco 28%' 100% 100% 28 a... Power preferred 5 . ll%c * Mining 18c 55c 15c 64c 34c 34c 40c 14,600 90c 2.55 2.45 2.55 15,150 • 33c 32c 36c 37,200 1 w , ' 34c 2.34 28c Mar Jan Jan 2.85 47c Jan Jan 1 46 The Commercial and Financial Chronicle (1554) ... Monday, April 1,-1957 CANADIAN MARKETS RANGE Week's Last STOCKS ' Sale Price Club common— Jockey Ontario . 75c Warrants——— Preferred————————— . Rights --—i—-- - Products Steel Tic Tv: 26 common. Crush 22 22% 100 10% 12% 15,865 9.35 Feb 2.60 52.4 2.50 Jan .Tv 18c 26c Jan 50c Jan 26,700 27c Mar 37c Jan 11 %c Jan 9 %c 9c 10c 13,125 9c Feb 19 21% 30,590 16% Feb 109% 120 46c Mar Jan 13c Jan Towagmac 7c 7%c 13,000 7c Mar 10c Jan Traders 80c 1.02 115,792 92c 1 i* Jan Trans 19,900 58c Feb 95c Jan Trans Explorations Empire Oils 20c 28,825 18c Feb 24c Jan Trans Mountain Oil 12 11% 12% 10,182 68% Mar Trans Prairie 46% 85 45% Mar 47% Jan Trlrtd Oil— 23 23 50 23 Mar 25 Jan 20 100 20 Mar 23 Feb 3.50 3.20 3.50 86,635 — 42c 47c IIII11 1.96 1.85 2.00 1.05 95c 1.13 176,950 11,744 80.784 — iniii Jan 1.72 Mar United 1.37 Jan United Corps 1.30 1.28 1,30 2,500 9c 10c 50,200 12 12% 1,540 Roe 70 St St Steel 7%c Jan 12c 86 Jan 88 Jan Mar 1.30 xMar 1.50 6,031 6.75 Jail' 8.70 Mar 30,875 6.50 Feb 8.35 Mar 3.45 3.95 13,710 2.50 Jan 3.95 Mar 1.25 1.30 2,200 1.16 2.35 2.75 143,551 14c 600 Feb llc 60c 61c 1.90 2.05 20c 21c 15% 15% 2,485 1.26 1.35 31,500 95c Feb 75c 75c 2,000 70c Mar 85c 1.04 1 n on's 1.46 1.84 15% 1.35 — 1.04 1.80 ——— ; 7,521 203,045 16 %c 1 19c 1.90 Ltd 1.90 150 >•; ou.juJ 54c 23C . 74c 114,830 4,753 15c 3,000 9% 10% 105 4.00 500 69c 8,850 18 200 18 9 9 50 9 %c 796,750 343,521 16c 34c 43c 65c 8?,343 2,655 16% 13c Jan Jan 9 Jan 11c 7,700 15c 29,500 69 % 2,326 21c 35c 44c Jun Mar Feb / 9c Feb 1.00 .18 ... TPttb Mar class A * Mines Uranium Ltd 1 Gold———— 1 2,500 17c 13 13 250 16 % 17% 4,495 98 98 165 30c 40c 115,500 26c Feb 55c Jan Jan 13 Mar 15% Jan 15% Mar 18% 54 98 Mar 40c Mar Jan Jan 61c 3,-017 50c Mai¬ t 15c 15c 17c 20,700 ne Jan * 1.38 1.31 1.45 42,875 69 71 560 ——I 2.85 2.35 2.95 22,050 2.10 Jan 109 26% Mar 3.85 Jan 21% 22% 1,149 19% •15c 19c 7,600 12 %c 58^, 58% 85 55 55 55 5.65 5.50 5.85 15c 3.20 438,787 15 15% 455 25 23% 80c 350 Jan 29% Jan 24 % Feb 20c Feb 60 Feb 55 Mar Jan 5.50 Mai- 6.40 Jan Jan 17c Feb 1.73 Jan 3.20 Mar 14"% Mar 16% 21 15,300 3.50 Feb- 6.95 Jan llc 4 J 5 71c Feb " 24c Jan* 39 21.800 2.73 75 58% Mar 4,170 13c Jan 5.50 Mar Jan Mar 19c 24% Jan 85c Jan Fib 69c —— Jan 2.94 2.88 2.95 27,620 2.50 Feb 3.65 Jan 3.95 4.15 6/975 3.60 Jan 4.25 84 85% 1,330 1.70 1.77 11,963 63c 3,100 3.30 Lake We.spac Jan 18% 66(1 17% Jan 18 28c 36c 3.40 3.90 50c 88,300 26c 23c 27 %c 28c 34c 10c 10c 11c 13,500 1.85 1.30 1.35 J,UUO 17% 28c Mar A...„ 14,000 20c Feb 35c Jan 55.820 16%c Jan 35c Feb 9%c Jan 14c Jan I.12 Feb' 17 Mar 25 iJan 407 18 26 264 211,458 75,750 1.85 ,1 1.05 34 % 50 34'% Mar 36% 28 80 28 28 5.50 1,500 2.93 3.25 104,450 46c Jan 5.00 Mar 1.00 19% 20% 4,485 18% 20% 4,661 92/4 55 40 40 _50 2.25 Canuck Yellowknife 2.21 2.30 1.30 1.38 300 16c 14c 16c 39,800 1 14c —:_//v_ - - — ■? 8,500 7 306,900 14% 15% 6,181 1.10 1.00 1.15 93,105 1.28 1.28 1.30 I.i,.378 31c _ 30c 31c 9,90 J —1 ; .20c 13c —i/ 12c 13c 10.000 1.40 _ Mines„— Yukeno Mines 9c 15% ^ — Oil—. Bear 8c 11,450 12 %c 16 %c H'.iiC —-i.— Mines _ 1.35 1.43 II,17b Jan • Jan -82% Mar Mar 40 Mar Feb 1.03 2.90 Feb Jan 1.84 Mar Feb 8c Mar 11c Jan Feb 25c Jan 12"be 16c 10% Jan 75c 15% Mnr Feb 2.60 Jan 1.60 Feb 1.15 Mar Jan Mar 9%c 37c Jan Feb 28c 15c Jan 1.35 Mar Jan 1.80 Ic 1 9c 3,200 7c Jan 10%C Feb c 32c 44.3 HI 23c Jan 52c Mar 60c 24,450 33c Jan 75c Mar 2 29 %c 1 ,I_ 2 20 10c 55c 1 Metal Mining Mar 21% Mar 40 3.25 21 Jan 89 Jan Jan j 1.30 Zinc At r 16Ve Mar 89 Jan 6.50 Jan 19% .1 Copper t-Hargrea ves Lead 1.05 Mar Jan 91 100 IH'Ii Larder Feb Feb 2.90 Mai- 28 20','* — — Gold 18'/* 26 Jan 5.50 — Winchester 1.40 Mar 85c 3.05 Wiltsey Coghlan Windward Feb 3.90 Mar 34% preferred——— Warrants 81c 2.75 Mar 20% Willro.v Mines Jan Jan 2.90 28 — —_ Hardware % 54c 26 -_20 —■— Jan Feb 2.68 ,_/ A B Preferred 4.05 35c :.26 /__/.„ class Jan - Petroleum-- (Geo) 15,420 2.80 . — Naco 2.95 10,675 35c 1.05 class Western Zulapa Jan 71 32c Leaseholds Zen mac 13% Feb / Western White Feb 67% -/-:1" Warrants Class lO'/z 2,683 _/_ Maygill Gas Oil.—— Weston 700 2,302 70 Ltd West Grocers Jan Mar 65c 3.40 31c Mines Preferred Feb 11% 45c Malartic Western 50c Jan 2.00 Mar 3.30 3.70 Ltd- West Decalta Jan 18 Copper— Nickel—/ Products 1.30 Jan 29c 10% ,18 Petroleums Feb 69% : (Canada) Werner 18 %c Jan 11 ■——- Pyrite 3.55 23c 41 58c Jan 85% 562,510 Jan Feb 32% Mar 69% Jan 4.05 28c 1.77 — & Knapp Wr igh 23 c 3.00 15c 3,940 Mines Wecdon Yale 34'/2 26c — W Equipment Wayne Petroleums Ltd-: Westeel 200 49,260 33 _/—_ — Waterous Webb 3.50 15c 17%e 16c Producers At Ref At 2.95 Mar Rainbow Oils Ltd —50c Security Freehold Petroleum? * Sliawinigan Water At Power common—* San * Gold—, River Sand — Sapphire Petroleums Ltd Debentures — Cement Saskatchewan Scurry — —* Class A A preferred-- Sheep Creek Gold-/— Gordon Sherritt Shirriff — — Horsey Voting trust Silver-Miller S K 1.15 I,200 6.70 6.80 19,662 10% — Standard Feb 22 Jan Mar Feb 9c Jan ._1 79c 50c ___* 84c 5,796 75c 57c 15,200 37c Feb 10% 10% 18 17:% 18'4 1,845 7gc 80c 16,050 100 1 ; 4.25 290 3.00 60 17% 48 6,500 % 48% 50 21c 21c 1,000 55 55 55 10 1 45c 35c 45c 16,500 .* 8 8 100 Oils Mines 1 Rock Iron Mines Uranium Corp preference River Gold Sudbury Contact Sullivan Cons Superior Propane Canadian Feb 48'/* Mar Dalhousie Feb 30c Dominion 47 55 Jan 35e 8 60c MaiMar 9% Mar Feb 21c Feb 78c Mar 27c Jan 42c Jan 34% 36 485 4.60 4.60 5.00 12,585 65c 70c 5,500 241/3 gi i~ gc 24% 166,700 100 Feb Interprovincial 10c Jan 28c 24 Jan 26 % Jan Pato Ogilvie Flour 71% Jan Pend Oreille 10 %c Jan Price 80 20f74L 17% 21% Feb 3.J5 Jan 97% Mar 5.50 Mar ' 99 Jan Yukon 36c 50c 63,118 30c Mar 59c 12c 14c 40,250 9%c Jan 15c 3.55 5,880 3.25 Feb 4.10 Jan 4.50 4.65 300 4.50 Feb 5.50 Jan • No 20% 20'% 10 20'% Mar 21% Feb a Odd 1 7q common — 1.95 270 1.35 Jan 1.95 Mar 4.00 800 2.75 Jan 4.00 Mar 17'4 17% 877 7%c 8c 4.000 4.00 4 00 J 00 1. 1 1 3^ 1.31 1.42 II,530 17 7c 1.10 18% 9%c Jan e 5.50 Jan 1.030 40 40 75 36 36 37% 2,865 26 24 31 19% 4.00 Fel) v Feb Mar Jan 27% Mar Mar 15% Mar 3.00 • 20% 40 Jan Jan Jan Jan Mar 39% Mai- Jan 37c 51 •'-» 20c Jan 37c Mar 21% 22% 1,300 19% Jan 23% Jan 18 18% 1,430 16 7/s Feb 20% Jan 34 34 105 29% Feb 26 Gold Odr; , .. 37 V2 Jan 29 Jan 27 150 51% 56% 7.92 18 18 19'/* 405 66 64'% 66 385 32 32 50 30% 32 3'»0 <i;90 4.95 500 4.55 Feb 4.95 Mar 2.75 - 2.75 100 2.75 Mar 3.40 Jan 56 4.95 « par I Flat 1.72 3.50 > T Mines Mar 47% Feb 10% Jan 64% Map 28% Feb 30'% Mar Feb 56% Mar 19% Mar 70 Jan 32% Jan 35% Jan 59- Jan 53^ 390 53 UlIIIIIis 39 (.0 38 Feb 45 Jan i 55c 55c 2.000 t>4c Jan 58c Jan » 26 26 or- .T,,n 26 Corp_ Jan Feb lot 54 FOR In r OUT-OF-TOWN value. sale 55 year's (not Cash sale wd When „ included delivered, vrl AVhen issued, x In year's range). Ex-dividend. y : ^ Ex-rights, e Ex-stock MARKETS dividend. to unlisted Included range). (not CANADIAN Ex-ltquldating (Un) Admitted Selling ex-interest. price. AND t (not Included In year's range). d Deferred delivery sale Feb Jan 28 3.40 1 FOOTNOTES Mar 3.95 Mar .4.35 Jan Jan Jan 26% Mar 625 1,529 Mar 17 Feb 1.70 50c Gold.— Gold 100 29 Jan 4.00 # % Ordinary 26 3,4 3.85 21 117% 17% 32 _ 3.35 25 28 •"c —, Zellers 14c 435 33% Feb 15% 2.50 Mines Consolidated 3 50 426 24 33 Feb 14% Mar 27 Z ~_H 5 —_IHII_« Ridgcway Corporation 101,490 99 4.15 18% Feb 30 18% Bros Jan 20 5.50 4.15 18'/* Jan 29'/* 36 % com. Paper— Consolidated Gold Feb 4.75 300 23% _i common 60 19% 20% Utilities Ontario 7%c Mar 97 % 75 16 3.50 g & 7,550 30% 26% d. Loblaw lnc 3,445 20 i_25 A Securities 8,000 98 * II International Utilities 1 common Canada Minnesola 31% 40 Gaspe Copper Mines—, Hayes Steel Products-— 1 _• Industries Jan Jaxi 22% 63 5.15 43c Mar 77c 10% 2b If 0 8%c 1 , Jan 5.05 8% Mar 6 Jan * 61 1 , 37% Feb Feb Mar 1.290 4% 17 % ; — 7%c 100 Mines Petroleum 20c 22 %c 24'% 3.50 60c of Jan 8% 30% « /_ I_.ZZIi Jan 31,300 34 DuPont 39'% 8% . )-* cc Bridge Jan 30% Mar ia - common..; Oil 20c Feb 5 24 4 it 5* Paper 47 582,050 22 %c Consolidated High 200 / — common _ 30% Westinghouse 68c Warrants Cons Marconi 35c » Stanleigh Inlet Canadian Mar f.9c « SyTVanite Industries 30c Canada Preferred General Investments Canxidian Jan Low 5 20% 16 * .^5 Canadian 15c V' 30% ■ ZZi /— 4.25 Mar Mar 5 --,—5 - Sugar Jan * 345 * Dredging, Dominion Range Sinee Jan. 1 High 30'% Jan 34c 1 Gold Canada At ggc 1 Bulolo Shares * % Canada 1 Ltd— Corp for AVeelt Low 30% British American Bank Note Lrown Co I 1 Jan » Gold Asbestos Sales Range * * Mar 19 AVeek's ' Par Corp Anglo Canadian Pulp & Paper Anglo Newfoundland Develop—. Jan * Gas & lie Jan * Materials—_ "' I-''• >'■' ■" 84c Jan r ' National Vinegars Canadian Eronze 11 Jan 19 12c Jan * Anrlian 20% Feb Jan 4.00 Oils & 1.07 63c 17% Mar 66c 18% lie * Bros Supertest 10% 4.25 50 _ 4.55 15c Mar 49c 10% 77c Last Sale Price, — Services Uranium Steinberg Sturgeon Switson Jan 22% 4.05 __■» preferred Steeloy Mining Surf 25% Feb 20 50c Oil—; olsen Stedman Steep Feb 21 100 Mines Oil Stanwell of 24% 200 * Paving & Stanrock Starratt Steel 100 332 19 Spooner Mines Stadacona Jan 21 1 Union Air 10% 25% * Southern 9% Mar 6,300 Southern Spartan Jan Curb Section of Prices Friday STOCKS 1.35 Mar 8.10 20 Roi Valley Mar 12c A— Mar 6.70 Mar 4.25 ——— Jan 95 - Can»<ll»» 48% Mar Mar 20 Manufacturing Souris 89 Feb Toronto Stock Exchange Jan 21 * Ltd 80 90% Mar 90c Jan Jan 1.82 Jan 25% 21 common Somerville 80 43 10c Mines™ class 68c 19c t Jan 4.25 Ltd Van 585 65 —.-1 Ltd' Slocan 10% Jan —1 Mines Slater 1C% 1.27 ———> — Dairies Mines D 1.15 6.80 * ——— Standard Silvcrwood Siscoe 25 * common Mining Simpsons 10 43 25 Sigma Mires Quebec— Silver 95 43 —1 common Breweries Siianco 95 43 50c — : Preferred Sicks 95 50 common Class - 27 55c — Woodgreen Feb 60c 5.50 Mar __——T—-///'— 12% Jan 10% 11 %c 38c 4,156 22% 20 450 — 5.80 80c" Jan 2.045 11 16% 5.50 common- Feb 16% - 5.80 1,103 22 16 16 — common———;—* Corp 18c 33% Amulet Walker G Yankee Cement 62% Winnipeg &.Central Gas—_J„— 10% 12c 12 %c 1/156 4,600 _50 72%" Jan 16 12 %C Feb 15c o an Mar .-1 64 % Mar 10% « nil Jon 15c Jan 9c Mar 68% —— /————. 10c Jan 75c Jan 50c 17 69 Mar ' 22c 33 69c 9.00 Feb 21c : 20 . Jan 5% 1 4.25 Mar ' 33c 15 Petroleum Feb. Feb Feb Feb 73'% —— Breweries 4.00 Jan 56c -72 1 Western Canada 10% Mar Mar' Mar 7.30 Mar 20c -25 Western Jap '50c 14c Jan 3% 50c 22c 5»/e — Jan *2.10 Mar 16% lO'/af 79c 1.005 21c 1 Feb 23c 50c I~30 1.90 Jan Jan 38c IIIi 1.90 23c Jan Feb 17 . 1.04 Jart 1.56 13c 50c Canada— Feb 37c —I Ltd.-— 1.20 Feb 18 t 1.49 Mar Jan 1.90 9 Jan 1.35 65c Feb 19 1.70 Mar 1.65 Jan Jan 14 %c 63c pfd— 2.87 21c Feb 80c 4.00 9% ——.— 80c Feb Feb 14% 13 %c 72c —- Mar 10% Mar Mar 1.79 17c new 23% Mar 15,102 -26c Oils Waite 1.91 2,500 Vulcan Wainwright 8.00 Feb Feb Jan 34c 73 preferred 30c 7.80 111.209 Explorations Ltd— Mines Jan 4,215 10,450 A Jan " Mar 120 Feb 17 13,750 2.40 Mar 2.57 Feb 25% i_—x. Explorations Violamac Jan 10 1 Vico 1.25 9.20 t 23c 65c * Alloys 2.34 28c * 58c Mines/——. Consol Feb 1.25 • Jan Feb 1041 64c Ventures Ltd Jan 7,600 185,900 , Jan Vandoo Feb 23c 20c Jan Vanadium 11c 43,700 87c 20c 3.100 1.20 2.00 . •- 3.062 20c A Mines- Corp Canada 81c 1.40 83c 10 — 18c 48.708 : 6,950 Hill Universal Products Upper 117,631 > Jan 2.75 Mar Jan 1 27 Mines—— A 1.50 1.70 Mai- 87c « Antonio United 5.00 8.35 preferred Michael Jan 3.95 Mar Jan 22c Oils 1.37 Mines Lawrence 5% United 20 %c common Lawrence St 68'% Mar 14c Mining Ryanor Montauban 2.68 Ltd—— Oil Keno United Jan Jan 43'% 3.05 United Feb 55 40% Feb 2)c 5% preferred—— Jan 82c 1..40 — B 46% 8.30 Ltd— Class Feb 7.90 common—----- of Jan Jan 40 22c — class Jan 1.26 Industries Russell Mar Mines Inv 50c 7.40 » Royalite 55c 75c 23% 37 55 -1 _T—. 38% 3.80 Lac_„——— Bank Royal Fuel Feb 875 c 34 ; Estella United Jan Jan 23c -l — B United 8.00 600 Class Jan Jan 1.40 Oils Roxana Jan 15c 13% 8.10 Uranium Consol Rowan 1.66 Jan Mar 1 —-————- Can Mar 7c 25 24 Feb -1 Ltd class 12 1 Mines V» 300 4-14W -"""7,000 Ltd— Little Pete (A 200 68% 88 — class Athabasca Rocky 64 % 8%c 1.80 Rock win 4U,4UJ 8c Mining Co Ltd——- Long 2,540 66c 88 Rupununi Mines Ltd Roche 42% 51c 4.10 Ric.bwell Robinson •ino 63c 60c 40% 1.28 19 7.40 Feb Feb 12c •Lv-.-v 25c 7.40 Feb 20 ' 119 22% 22'/* Jan 2,083 2.40 -1 Feb Jah 1,535. 2.49 . : Asbestos Feb 42 1.25 Feb 18% 100 • 37% 115 Canada——:—— 1.40 —— Uranium of Mar 24 2.08 * 117 common— Gas 20 13c 2.20 2.35 Mining Corp 1.15 1 —- Ltd Acceptance Union 6,950 62c Gold Union Union Jan 69,137 9%C i Airways Robertson Mfg $1 Mar 2.23 Mar 1.50 1.72 40 % Mines.—— —_— 63c Jan Mar 1.20 65c Producers Silk Jan 1.20 95c 1.55 12% ... Dome— Macdonald 27c 3.50 Mar Jun Jan 25% 37 /' 2.39 -1 — 1.16 .100 Miners 2.30 24 24 41% Pipeline/——TT- 1.17 — Gold Jan 50 1.71 —— Earth 2,127 Feb 49 658 24 c Ltd Tribag Mining Co Ltd Trinity Chibougamau Ultra Shawkey Mines 67 47c 20 Resources 65% ————; Rayrock Mines Reef Explorations Rix Transcontinental Feb 42% Pipe Line-i— 46% I Uranium B 12% Mar Feb 9 Canada 66 y4 Corp ——Mines — Quebec Metallurgical Queenston Gold Mines—--— Quemont Mining—— Class 6 Jan 46 % Labrador Develop Riverside £ 5 38c 34c 37% 65c 100 36c Jan 1,700 .40 —— 5% Quebec Lithium Quebec Manitou Rio preferred Mar 3.266 A 18c Quebec Copper Corp Rcxspar 5 "0. class 58c - Minerals Reeves 1.05 Mar Jan V 54c Finance Mar 18c 19c 38c 12c Mar 85c 44% r. Jan 61 17.00'J '< 37c 25% Jan 98C 93,464 22c 38c 43% .—_1 Feb 4.90 Feb 37c ,:L-— Feb 1.95 58% Mar 9.850 Feb 10 Feb 50c 5p 19% ——— 5'4 — Quebec Chibougamau Rare > 43% common— Exploration 2 Roy Gas Rainville > Works Class A--_ 19c —i Electric Radiore • 60c 68 '4 Prospectors 46.100 1.12 18c ——r—_ 5 % __—— Warrants Quebec Feb - 1 Gold Exist Purdex Iron Jan Jan 9c 42c 121 45c Minerals Uranium Provo Toronto 53c 21c Jan 20 —./ Border Pronto Elevators 15,000 —:— Premier Trust Preston Toronto 143.000 Corp Oil 61 34c I 3.00 2.080 67c 9% Jan I_1 — Bank -.5 Bruisn Columbia ox Power President Mar 10c preferred- Oil Rouyn Premier 21'/* Mar 45c 100 20c 37c 1.60 .10 Mines Dominion 45c 1 Uranium Oils 480 - 3.50 1.00 1.00 23 Development Prairie Torbrit Silver 39c ■ common.. & Riier fcT 60c 61 —* Mines Toronto 9%c — Mines Powell Feb 105 11.018 —IL1 — Gold 40c -v. a Oil Co Ltd Pickle Crow Gold Mines Ponder Tiara Mines II.1 G—- Gold 9% 10 Thompson-Lundmark -Tombiil 9V2C —I Ltd Phillips Powell 37 %c Mar - 1,216 5,000 common At at Jan 1.70 65c Mar Jan 9 10 3.30 Mar 50c 3uc 1.60 -.2* 16c 11.450 43c 9% 1—1 —L 41% Mar Jan 10c 40c _25c Mines Jan 49.200 11.65 ; High 38 14c 9% : _—1 ■ —50 Oils Pitch-Orc Feb 21 % common Gold Pioneer 31c ■} 35c 32,100 Gas— — Pipeline Gas 43c Low 50 9% H10 Mines Calgary 43c — Nat Peoples Credit Placer Texas" Co 141,300/ Mines- Mines Consul o:l Texas- Jan 34c Preferred Peruvian Temagaml Jan 3.15 48c Drilling V— Perron Jan 13% 27c —- Uranium Petrol 25 Gold 10c 12 %c f _■ v-_—— Teck-Hughos 39%' Range Slrce Jau. 1 High 39% —-1 common Preferred- 1 Jan 1 Parker Pernio Feb 22 Mar 28 Low 6 Hit —-——— Pearson aoc Amalgamated Pembina 17c Mar 26 110% Mines Penmuns Mar 270 1 Pardee River 10c 61,415 . 1 Parbec Peace Taylor ■V34c Mines Paymaster Taurcanis Mines Jan 30c Oils. Western Pater Jan 9% 48c Petroleum Paramaque 9% Mar 14c Pamour Pan 8% Mar 8 .1 — Henep Tubes—Porcupine —— Page 325 26% - —si--— 695 26 -a- Mines 9 mil — Mines--—-— Pacific Eastern': pacilic Tandem 8% 11c 33c Minerals LaKe Jun common— ' Gold' %/-//— Orenacia Ormsby Osisko Tamblyn 79c Feb 12 a I—I 1 Opemiska Copper Orange 60c 22 III10 At Debenture Shares rar Jan 8% 8% —20 . Ontario 9,500 , 2.50 —— - Ontario Loan 78c for Week ^ High 2.40 2.00 Mar 8 10 .— preferred———„—— Class B 70C 8.750 Sales Range of Prices Friday Low 2.10 AVeek's Last Sale Price Range Since Jan. 1 High 2.00 « >9 STOCKS Shares Prices •( 2.00 WEEK ENDED MARCH for Week Low Par FOR S<»les Range Friday dividend. trading privilege*. --1 y Number 5625 Volume 185 The Commercial and Financial Chronicle ... (1555) NATIONAL LIST OF OVER-THE-COUNTER SECURITIES V ' . Quotations - * for Friday, March 29 ' ' . • " " ' The following bid and asked quotations are obtained from the National Association of Securities Dealers, Inc. and other selected sources ,They do not represent actual transactions. They are intended as a guide to the range within which these securities could have been sold-(indicated by the "bid") or bought (indicated by the "asked") at the time of compilation.. Origin of any quotation furnished on request. The "National" list is comDOsed of securities ' which have a wide national distribution. Industrials and Utilities South Shore Oil & Devel Southeastern Par Aerovox __1 4 ' Corp ; Aetna-Standard Air Bid Products American Engineer Inc Co__l Amer class Co Hudson A Pulp & Paper Corp 32% 31 33 36 38% Hugoton Production Co 32 34% Hycon 331/4 31 «/2 23% 2 26% 441/2 47»% 78% .10 Indian 2% 2%; 29% 14% 16% International Interstate Bakeries Corp .1 Interstate Motor Freight Sys. .1 Interstate Securities Co -5 Investors Diver Services Inc AMP & Develop.:: Incorporated 1 23% 25% Corp.—.1 22% 23 % 4 19'/a common.....1 Amphenol Electronics Anheuser-Busch Inc Arden Farms t Arkansas Service Missouri Power Arkansas Western Gas Products Aztec Oil Bausch Bell & & 20% : 46% 18% 20 Sutton • : Jack & 6% Jefferson 7% 7 G 1/2 20 : v 12% 9% V Electric 10% 8% 9% * 39% 22'2 24% com 1 26% 28% 1 6% 5 ; - ' - • , " • preferred 25 17 241/2 25% 1 131/4 Burndy Corp 7 71/2 38% Lau 14'/a 15% Le 37% 39T« 27 '4 Tokheim 3 34 36 Vb Topp 5 24% L-O-P Glass Blower Cuno Co 5 Oil Corp 1 35% 23% 5% 5% & Gas Co & Gas Co 10 _1 32 % 34% Madison Gas & Electric Co 16 45% 48% Power 10 21% 22% Utility Corp 6 211/2 23 47% 50% 28 V4 * 31 10 20 : Automo Prods 33 21% McDermott (J Ray) 17% McLean 1 5% cl A—33%c 14% 33 Vic 14% 1 com 8% Clinton Machine Co * McLouth Steel Corp 15% Meredith Publishing Co 3 781/4 81% Colorado Milling & Elev Co 1 Colorado Oil & Gas Corp com—3 19 20% Minneapolis Gas Co 17% 18% 31 33% Mississippi Shipping Co Miss .Valley Barge Line Co Mississippi Valley Gas Co 25 Commonwealth Oil P.ef Co Inc_2c Co_» 19 % Miahje-Gross-Dexter Ltd Delhi-Taylor Delta Air Oil Corp. Miles Detroit Internat Chemical Arts (Walt) Doeskin Mo-Kars Pipe Inc Donnelley DuMont Dun (R Tennessee 15 V4 Utilities Eastern El Emhart 19 Empire State Co Nicholson 17% 18% B Norris Shirt File Co Thermador Oil & Corp Gas American North Penn • . 50c Corp I Coal Gas „_1 Co 26 Northeastern Water Co $4 10 % North Indiana Pub Serv - 30 32% Northwest 10% 11% Production 17% 16% 9 1 (Texas) Old Coal Ber. Ft Wayne Co 8% • 1 6% 6% 3 17 Vs is y8 Pickering Pigeon 06 70 14% 15% 56% Plymouth 18% 19% Polaroid Portland Gas 19 20% 46% 49% 28% General Controls Crude Co Oil 30% preferred 2% 1 127% 132% 19 36% 38% Portland General Electric Co_7% Potash Co of America 5 25 % 27% 35% Coke Co Producing Properties Inc Pujo Serv Co of New Punta 41% Purolator 38% Co of New 10c Hamp. Mexico Alegre Sugar Corp— Products 34% Financial Corp.l Green Mountain Power Corp Gruen Industries Inc Gulf Coast Sulphur Hagan Corp Haloid Hanna Class 10c 9% 6% 2% 10 7% (H H) Rochester Telephone Corp 17% Haskellte 5 Co class A com.10 10 Mfg Corp 5 49 531/2 119% 125 % 121 128 7% 81/2 32 Roddis 1 12% 26% State Bk 17 30% 2 43 45% I 12 7% 22 Searle (G Oswego D) — <fc Falls Seismograph 'Service Corp.. Sierra Skil Pacific Power 10 Corp... Co Co .. _ 13% 23% 2 28 30% Smith, Kline & French Lab 33 Vic 58 61 % Corp 59 % 47% 46 49% Eng Trust Co (Boston).100 36% 39% York 65% of Trust Northern Tr Newark—12% Co Co (N Y) 25 68 458 437 (Chicago )_100 183 174 50 Peoples First 39% (NY)_10 25% 28 Fidelity-Bait Nat Bk & Tr Co.10 . 47% 50% Fidellty-Phila Trust Co Fidelity Trust Co (Pght 80 83% 74% Provident 20 10 Fidelity Un Tr Co (Newark)..10 Fiduciary Trust Co (N Y;___10 70 Natl Bk Tr & Co (Pgh) 20 Peoples Tr Co of Bergen Cty 36% (Hackensack 52% 15% Philadelphia Natl Bank 10 36% 38 % Pilgrim Trust Co 10 23% 25% 10 56 59'A 53% 56% Co Trust 60 33% Republic 32% 34% Rockland-Atlas (Phila) 64 30 (Boston) Natl Bank (Dallas)_12 135 Riggs Natl Bk of Wash D 0—25 Natl Bank of 10 35% 38% 10 72 75% York—5 17 19% Boston Natl Bk & Tr Cafnden 6V4 20% 21% Royal Bank of Canada (Atlanta).lO 32% 35% Royal State Bk First Natl Bank of Boston—12% 64% 67% Rye N J) First Natl Bk First Bk of Natl Chicago Bank Natl Bk First Natl Bk Natl City Bank First Second 50 54 59 Va 63 64% Y)__20 (N 67% 42% Square N Bk 36 % 22% 24% ton State (Franklin 5 48 66% Harris Tr 411/4 43% Bk_15 (N Y) (Chi)..100 & Sav Bk Hartford Natl Hudson County Natl (Jersey City N Ji Natl R 64% 68% 30% 33% 12% 46% 49% 28% 30% of Hunting¬ » 10 Albany Bk & Tr 46 49% 25 of Natl Bk Tr Si 39 43 19% 20% 44% 47% Co Trust Co Y)—10 (N As New of 32% Trust Co Tr Co 54 59'% Union Bk 15 Va 17'% Union Tr No of 2% 10 % 11% (N Y)—5 25% 28% Jersey Amer Bank 25 321a Com of (Cleve)_10 Maryland Trust 44 47 % 10 42% 45% Co— 32% 10 22% (N Y)_20 63% 66% 28'% 30%. (Boston) 35% 10 35 United I of Co States Valley Natl Bk (Phoenix Arte).5 (N Y)—10 of Bk Co Bk 20 31% (Union City)—8 Industrial Bk of Com Providence footnotes see States Tr Co preceding page. We mane Industrial National Markets in two out of every three of th© & Utility Stocks quoted in the above list of Over Your orders A TROSTER, HA 2- 2400 78% 10 (Phila) United Industrial 74 20 Y) Trade 469 440 Bk & Tr Co—10 Hudson Tr Co 9% Trust Phila Y) Tradesmens of 20 Street of Bk Bank Sterling 69 New York—10 Exch Guaranty Trust Co Hanover Bank Co 51% 20 Corn Trust 8% 2 Mass) Natl Bk (N (N Glrard Trust Bank-State Natl Security ——10 Y) Y) Angeles) 45% 33 First Westchester Natl Bank Franklin Natl (N Security First Natl Bank (Los Pennsylvania Banking & Trust Co (Phila) —10 Rochelle Union (Boston, Second First New New National Bank Louis St 35% 33% (Jersey City)__25 of St Louis___20 of 313 303 100 Dallas—10 of 55% 14% 10 (Minn) < 5 N J) - the - Securities. Counter 18% 28% Corp Inc - New 28% 13% 5 Plywood System 29% 55% 45% New 45% Sealright common 27 7.50 Bank- (N J) 191/4 43 37% 4% Co Rockwell Manufacturing Co__2% 35 4% Y) N Essex & _25 Natl Shawmut Bk of Boston.12% (Newark Co 75% Robertson Chemicals & Controls__l 25c (Albany Newark ing Co 59 71 Robbins & Myers Inc 9% Ryder B 54 % 1 16% 8'/4 31% Company • 151/4 1 29 (M A) Trust 10% 5 Brand Rice Mills Mfg Cd new..2.50 Halle Mines Inc 9% Roadway Express class A 2% Trust Natl 87% 29% 19 Vs 25c 27% . 23% 61% & Natl 84% 10 5 24% 17% 24% • 21% 58 V* Bank 17% Inc_-3% River Inc__20c Gustin-Bacon 16 22% 38 Leaseholds Westchester_5 55% 52% 4% 3 35% Gulf Interstate Gas Co Gulf 2 12% 5 " of Commerce 10 37 Richardson Co Fire Brick Co 42 335 Bank ....,* (White Co 39 320 (N Y)__100 32% Republic Natural Gas Co Riley Stoker Corp 60'/a City Bank (C1eve>_16 78% 39% 33'/a J) For 30 (A P) 110% 57 24% 21 "2 Western 20% 106 % 19% 23 22% Green 16% 18% 4% 20% Great 15% 1 29% 28% Co 5 1 20% Cement 17% Metals Corp of America..1 Relehhold Chemicals 1 1 Portland 7% 16% Rare Giddlngs & Lewis Mach Tool Co_2 (Giant 6% .5 23% 40% 73% 38% & 18% of Detroit National 36% 12% 2% 5% 25% 22 20 11% 30% 18% Genl Tele Co of the Southwest 5 % % 3% (Wash).l 5 % 36% 37'/2 2% 14 Co Bank 42%. 5 Natl 37% 40 y8 of 23% 28% 24% .5 Co 15% 13% • Pub Serv General Amer Oil Co of Texas..5 14 % Co 16% —10 1 Bottlers__l 33% 2 Rubber 34 ,_I 22 % Corp 28% 34% 10 Bank 10 N • >• 70c Park Inc Gas 7% 31% Corp " Lumber Hole 7 6% Indus Pioneer Natural 53 • • General 10 9% Paper.10 Co Garlock Packing Co Gas Service Co General Trust Plains N Y) of Tool 101 26 National 62 & Trust Co County 15% 25% 23% 1 of N J-25 (Chicago) National 29% Pendleton 95 National 57% Bank & Trust (Camden 39% Brewing Co National 258 24o 50 25 (Paterson N J)— Co 14% 48 * Corrugated Co First 27% Pabst 18% 341/4 Y) (N Morgan (J P) & Co Bank & Tr Co_12Va First 37% Pacific Power & Light Co Pan American Sulphur Co 7% 1 Bros Gear & Mach Corp_2 Mineral Co 1 Frlto National Y) (N Co 9% 5 34% Brook Freeport 66 '/a 16 % 8% 5 45 Mortgage Assn.100 Corp 10 Fluor Corp Ltd 2'/a Foote (N Y)__10 62% 14 13% 15 Otter Tail Power Co 25% 17% 32 V* 37% First Bk Stk Corp 67% • 32% Meadow 38% 47% 16% 8 27 • 19 14% Corp 23% * Co 9% % 15» Natl Foote Exch Bk 25% 13% Corp Bid 5 10 (Phila) i 10 Long Island Trusf Co (N Y)_10 62% 35% of Southern & 24 Vs 63 % Northwestern Pub Serv Co Boston First Bk 17% p£d_* Co (Phila) (N Y) 43% 25 5 (Savannah) County Bank 27% 5 27% 58 40% 10 Cleve__16 of Federal 12%. New Co Co Co Empire Trust Co (N Y) 21 Class 63 60% 16 J) (N 10 Vs 22 19% 50c Mfg Co Federal Co 27% HV4 16 j.7% Foods Fanner 17!A County Trust Co (Brooklyn N Y) 20 Liberty Real Estate Bk & Tr (St 9% 19 % National Homes Corp Pepsi-Cola Fairmont 16 Kings 42 (N Y) Trust Irving Trust 305 25 % 20 % 18% Associates—10 Oil 50o Co Companies 37% 34'% 20% A com_50c Oil 1 Mfg Co 38% 12% 107% cqgimon 50c Shops of Del 1 Eng Gas & Elec Assoc 8 14% 2 Paso Electric Co 36 Off-Shore Industrial 35% 38 5 17% & 2 Gas 11% 1 Far A 293 Bank (Jpnttnental 111 16% America Nat 171/4 10% Co Ask 100 First Inc S Cleveland Trust Co 32% National 9% Bid 45 % 19% 16% 18% 26 Zapata Commercial State Bank & 27% 17% 30 17% 1 Eastern Industries Inc 15 y2 (Rudolph) Wyandotte Chemicals Corp 9% 10 22% 26 % .5 25% 6 8% City Natl Bk & Tr (Chicago) .25 27% Opelika Manufacturing Corp East 27% 5 10 17 29% (Newark) .25 Bank Natl Connecticut 26 2% N'ortex Inc Bush Wurlitzer 73% ..20 Corn Trust Corp 17% Co__5 Co Natl Trust Bank Va Corp North Corp of preference $1 Gas 11% Dynamics 69% 6Mi 1 Co Aluminate 24 5% & York New Natl Citizens 12% 20% ..5 com Co National 2 4'" a Bradstreet & 9% T Federation Bk & Tr Co 10 Broadcasting Corp Dunham .. N 1 Co Chemical 16% 1 Chem 8-2 23 Inc 12 2 63% 8V4 1 Inc Sons 25% Merchants Natl Bk of Boston.10 __5 1 Mountain Fuel Supply Co —.10 1 & Light Co_10 <fc Mellon Natl Bk & Tr Co (Pgh) 25 Mercantile Tr Co (St Louis) 25 V Montrose 1 Bridge Co R) Pow 52 % 1 Line Utilities Missouri Productions..2% Products 32% 40% 23 9% 7% Detroit & Canada Tunnel Corp.5 Detroit Harvester Co 1 Disney 29% 49% 32% 16% 60 Y__2% Di-Noc 17% 2% 37% 37 7% Laboratories 3 Inc— Lines xl6y4 Phila.10 21 8% 1 vtg Dentists' Supply Co of N 5 Centl-Penn 35 V'4 Inc— y/ Class A common National Common 14 «/4 10c Co Chase Manhattan Bk (N Y)_12«/a 30 15% • 1 vtg 7% 6% 18 Continental Transp Lines Inc..T"1 Copeland Refrigeration Corp 1 Cummins Engine Co Inc _5 com ' America Commercial Trust Co. 26% Laboratories 43 13% 11% 15% 27% 27%/:. Cutter 35% 40% 1 37% 5 24% Connecticut Light & Power 33% 1 Co 35% 5 2%' Michigan Gas Utilities Co 25'/2 Colorado Interstate Gas Co ; 7% 25 »/4 com preferred 10 Gas Manufacturers Tr Co (N Y) 10% 1 conv 35% ,15% Wood Conversion Co 27 1 Louis) 62% 15V4 9 Inc Broad St Trust Co (Phila) Central 9% 1 $1.25 7% • Commerce Camden 6% 2% A 9 7 1 'Boatmen's 13 % 59% Inc Stores 8% Wisconsin 6% 1 Co Gas Corp of 19% lc McLean Trucking Co cl A com.l 6 • Bank & Co Inc.l Industries common B 16% 33 1 15% 5 14 1 % Co Bank of 12 . 1 16% . of 18% Inc__l Corp Marmon Herrington Co Inc 6 Corp Common class B Inc Williams & Co Inc 30 Vs Maryland Shipbldg & Dry Co_50c Maxsoa (W L) Corp 3 Central Soya Co Gas 6 1 Corp Nat States Bankers Trust Marlin-Rockwell Maine Serv 1 j(San Francisco) 43 Maremont Public Vt Pub 44% * ' Eagle Oil Whiting Corp 69% Petroleum Industries Bank 13% 40 % 14% Central Co 12% * ~ 36% Central Radio IV4 Mfg & Sales Co Mallory IP R) & Co 1 Manning Maxwell & Moure.12% 13% 38% 35% Macmillan Co v. 341/4 Util Co Inc Stores 36 17 5 Telephone Co 65% Par 33% 1 32% Central. Louisiana Electric Co__5 Chattanooga Co 30% 3'/2 111 Co Steel Star 16 Electric Central Central 41 10 Manufacturing Co White Bank & Trust 38% 22V4 Central Corp__l Gasoline 66 lo Co Co Services West Point Western Natural 6% 4% 62% Ludlow Gas 54 y4 • 32 % * Lucky Central Indiana 34% 50% 17% 30% 18% Central ! Three / 1 11% Elec 48 y« 32 Co Western Lt & Telephone Co Western Massachusetts Cos 21% 5% "7% 4 10c Corp Loan 17% Products Corp Class 6% 11% Paper 20% 1 Inc 17% 1 10c 41 Cedar Point Field Trust ctfs^ Colonial 16% 25 — Superior Oil of Calif.l Carpenter Collins Fibers Co Lone Ceco Steel 45 y4 1 25% 21 % Co__25 Ltd Pipeline Co.l Gas Time Inc 25*% 36 % 34 Co_12% Petrol 24% King 10% 35% 10 Landers Frary & Clark 42% 1 Telephone Canadian . Thermo yi a 33 % 20% & 22% National 3 Lilly (Eli) & Co Inc com cl B..5 Lithium Corp of America.. 1 Delhi Citizens Texas 16 3912 • Oregon Power Co__20 Wat Corp_5 Natural 50c Co 36 .1 ( Canadian Transmission Jet 21% 14% Co California Water Service Calif Texas ' 38 % -36 Welex 15 Va 19% 5 Co Washington Natural Gas Co 26% 111 Nat Liberty California 25 % 15 Brothers (S D) 46% 13% ■ 9% Corp_7 5 50c Warren 39%/ Transmis Eastern Texas Industries 4% 16 % 43% 9 Corp of America Warrem 34% Texas 3 % 37 8% 37 10 Co Castings Inc 1 32% 25 Vs Kentucky Utilities Co Keystone Portland Cem Co Koehring Co U%8 10 7% Co 34% Kendall 8 6% Transmis 23% Kearney & Trecker Corp Kellogg Co 7% 1 Inc. 5 Texas Gas_5 7% .1 Gas Gas Natural lc —1 Inc Texas common 17% Corp Tennessee 18% •- — 7' Tampax Tekoil 8 17 V3 51% Corp preferred 16%' Co Corp 48% Steel Corp__l Gas Refining 1 Kaiser 12% 1 * 11% 7Va 1 32% 30 y« 15 Wagner Electric Corp Warner & Swasey Co 61/4 26% 12 2% Carp Propane A) 51/2 24% Corp 12% 10% ' 1 _______ Kansas-Nebraska 42% I —, Co 11% Wells Greene (O 22Va 28 y4 7% $1.46 • Kalamazoo Veg Parchment Co. 10 Kansas City Public Serv Co 1 /. 5 1 Steel Co "X 21% 12 Inc Heintz 7% 16% 35% 44 Vitro 24'% 30 y4 2V4 48% 20% 21 % 9 Oil Co 34% Works Strong Cobb 18% 22% —12% ' 45 % Statler Hotels 21% 19% Corp 31% Stanley Suntide 33% Inc Match 5 13% 23 Utilities 1 ... 25 Delaware Corp__l & Co Inc 1 23 V* 12% 15% Chemical Corp_l United States -Sugar- Corp _I United States Truck .Lines Inc.l United Utilities Inc L 10 -• Valley Mould <fe Iron Corp Varfity Fair Mills Inc 21 % Co.. .15 Southern __i Products Home Common non-voting Iowa 1 $1.20 Mfg Stanley Suburban 10 Co Sharpe Mfg Co Steel 32 % 45% 16 % Beryllium Co Bullock's 30 21% 15% . Buckeye Utah Southern -5 Inc Brunner 26 Iowa Public Service Co 10 Optical Co Sivalls & Bxyson Inc Inc 24% Co 13% 24% Corp & Upper Peninsular Power Co 22% 10 Corp Brush 38 Stubnitz Black Hills Power & Light Co Brown 35% 10 Tele Sprague Electric Co Staley (A E) Mfg Co Standard Register- Struthers 5 — Mills 2Va 69 % 77% 1 Beryllium Botany Universal 30% v Hathaway Inc Bowser 34 % 73% .10 Berkshire Black, 31% States Carbon 29% Co Lomb Beneficial 2V2 39% Speer .1 J Gossett 21% Iowa*,Elec trie Lt & Pow Co... ...5 Jessop Co 20% 15% —« 53 Co__l Gas Southwestern 25 "4 common 49% 8% 50% A U S Borax 7% 24% Clask 34 Vi Producing Co__l 47% 10 Co.. Co Bates, Mfg Co... 21% 32% Line 18% 14% Jervis Corp Oil Bareeo Co Textbook 19% Pipe 28 5 Co Inc Gas & Gas & Water Corp.SOc Tucson Gas Elec Lt & Pwr Co_5 40% 5 Co Art Metal Construction Co Avon 20% Indiana 7% Trans'* Gas 15% 38% • Co Partic preferred Arizona Public V 28% 14% 14%.' 1 Co 19% 27 V2 Research * 6% 13% •' Co 26% Gas 42 1 American Window Glass Co_12% 20% -1 17% Union Southwest • Bid .1 Tracerlab,Inc ,25 65% . Head Mills Inc Towmotor Corp 5 / Power Far 15% 11 ;_1 37% 27% ' ■ Colorado Ask 14%' 10c Calif Water Co 11% • Ideal- Cement Co Co.lOc Co Southern Nevada Power Co Southern New Eng Tele Co 25% ; 74%' ■ Bid Southern 23 ' J. Serv Southern 1 Co Mfg Pub Southern 4 1 25% Amer 2 8 Vis . • commor /bfrcuit' Breaker^ ITE ' A 1 & Const Co Ask- 35% Class « _4 —. Bid —2% 30 10 Hospital Supply Corp American Pipe Hoover 4% .Par .... 1 __ American-Marietta Co ■. 1 ; American Box Board Co. American Express Co .I1, ■ 5 , - Line Co Barge Ask ' Par Member*: 74 N. Y. inquiries are invited SINGER Security Dealers & Association Trinity Place, New York 6, N. Y. CO. NY 1- 376 ~ 24% 4JJ The Commercial and Financial (1556) Chronicle... Monday, April 1, 1957 NATIONAL LIST OF OVER-THE-COUNTER SECURITIES Quotations for Friday, March 29 Insurance Mutual Funds Par Bid 25c xl.57 1.73 Intl Fund Inc 1.23 Business Shares 1 Mutual Fund Inc—1 5.78 6.25 Investment Co 3.79 4.05 Investment Trust 8.18 8.94 1.64 Johnston Fund Aberdeen Affiliated American American Fund Associated Trust—— Ask Par Mutual Funds— of 4.56 4.99 Aetna Casualty 1 8.96 9.79 Aetna Insurance Boston—1 10.05 10.93 (The) 5.60 6.14 Inc America of Fund_l Mutual 17.35 1 15.91 Axe-Houghton Fund "A" Inc—I Axe-Houghton Fund "B" Inc—5 Axe-Houghton Stock Fund Iuc_l Axe-Science & Elect'nics Corp ic 5.53 6.01 7.98 8.67 Inc Fund Mutual Bond 3.61 B-3 10.02 10.89 B-4 (Discount (Income Pfd Stocks) B-2 1 12.54 13.74 Fund Inc International Canadian Canadian Fund : Ltd Capital Fund Venture 21.25 Life Insurance Life Automobile 16.98 Electrical 200 General 139 134 Metal 10.67 9.83 3.01 3.32 Fire 7.23 7.93 Mass Units of 69'/a %' 67 10.56 11.61 12.71 8.78 9.62 Corp—1 -10 20c Equity Fund Inc > Income Stock 162.47' 7.04 14.96 16.81 11.00 6.68 7.32 15.67 17.17 3.32 3.66 13.92 15.21 12.02 12.99 7.07 7.68 8.94 9.80 10.43 11.42 6.08 6.67 8.50 9.32 11.60 12.70 11.23 shares 12.30 7.47 6.28 9.48 8.65 7.99 8.76 Industrial Machinery shares_lc 14.56 15.94 Institutional 9.63 11.62 12.73 Bond shares lc 2.58 2.85 equipment shares lo 6.06 6.65 stock shares lc 9.50 10.41 lc 17.32 "Railroad Steel shares Tobacco 4.10 lc shares 4.51 8.80 9.64 Growth Industry Shares Inc 1 15.14 15.59 Guardian Mutual Fund Inc 1 16.53 17.03 Utilities lc ; Funds Series H-C7 . Inc—• New 10c ______ __10c Haydock Fund Ire 2.68 l 9.75 10.66 1 8.51 9.30 Income Fund Investors Institutional Shares Institutional Inst Foundation Institutional I 8.90 10.22 11.19 lc 10.42 New York Fuud.lc Income Institutional lusur Pacific Indemnity Co Peerless Insurance Co Phoenix 89 53% ;.61 57 —10 _ ' 10.98 ' 89% 10 Reinsurance Corp 45% t 10 20% 79% 1Q "21% 20% —2 Republic (N Y) 11% Insurance * 37% , Paul St • Fire Marine——6.25. Ac Seaboard Surety Co 95 Corp——10 52% _5 36% 5 5 40 .52% 10 64 "- ■ American . Fund.lc lc 6.90 7.56 12.62 Accident Standard Title V2 Guar -33% 35% 49 V Trust & 57% (N Y)_—3 61 20 10 j 21% Fund 6.99 6.37 I 20.15 1 32% 34% - Price (T 27 2 26% 28 -2 28% 30 V 1 Bid Home 3.20s 10.19 • 17.25 18.82 1 21.54 Growth 30.82 1 Fund Inc 1 6.49 (Geo) Fund 1 12.25 1 11.43 15. 1957. 17. 1957— 99.30 l%s 100 46% Fund Inc • Stevens 37as Feb. 14, 2%s May 1, 100.3 1, FundJ 2s June 1. 100.1 98.28 Bonds— 7.02 3Vs Sept 3. 13.32" 4%s_1975 1976 Ohio 3%s 1997— 15, 1957 Oct. 100 - 99.31 ——— Nov. 100 1957-—— 1, Nov. 1958 97.18 97.26 1, 1959 96.30 97.8 1, 1960 it 95.20 1. 3%s 100.1 Feb. 3Vs 100.3 May 1. 4%s 99.25 Sept. 96 1960 15, 1987 Credif 4%s____1974 Commonwealch Edison 4%s_19S7 100 1972 102% Federal Natl 3.35s Mortgage 101 Assn— 99.31 Corp 3%s 1975 Fruehauf Trailer 4s 1976 3%s 20. 1957 20, 1957 100 100.4 20. 1957———— 100.4 100.8» Jan, 4s 13.63 38 % 40% a28.75 wi—- 99.6 99.31 * 1958 100.2 100 Hotels Ilinois Belt Lowensteln Sovereign Sterling Investors Investment Fund Inc-1 11.04 Television-Electronics Fund—_1 11.62 U. S. Certificates of Indebtedness & Notes 11.68 12.66 Temple ton Growth Fd Texas Fund of Can—1 Inc 1 Figures after decimal point represent Maturity— 24 22 8.22 Certificates 8.98 Bid 3%s United Funds Inc— United Accumulated Fund June Continental Oct. 1, 3%s Feb 14, 10.96 11.91 1 7.95 Shares.l 9.72 10.57 1 Income Fund Science 10.63 11.62 1 1 16.42 17.86 l%s May Aug. Fund Canada 100.1 1958 190.3 100.3 1957 100.5 99.30 Ltd __1 5.91 Treasury 5.58 2 Vs 2.73 2.98 1 10.61 2s Aug. 1957 1. 15. 99.28 1957_ , . Income Line Inc Inc Strum Fund Towne & 15, Feb. l%s April 99.28 l%s Oct. 99.29 1%S 99.17 99.19 3%s May 97.24 97.9 97.11 96.16 1959 99.13 97.16 1959 1. 98.24 99.11 1959- 1, April Special Situations Fund Van 96.24 95.24 1, 1960 15. 1960 94.24 1 %s Oct. l%s Aoril l%s Oct. - 1. & 96 95 100.4 93.20 92.20 1961. 1961. 93.28 92.28 91.20 1960 1, 1, 100.2 91.28 Stock Inc Street Investing Corp l 7.60. 9.39 ~1 12.80 13.96 Iftc 1 11.55 12.49 Inc Whitehall 6.95 8.59 Washington —1 5.08 5.49 Federal Intermediate Credit Bank Debenture Mutual Fund Rate Dated 7- 3 20 Bid Due Ask Dated Rate Doe Bid C- 1-56 5- 1-57 99.30 100 3.875^ 1- 2-57 10- 1-57 100.1 9- 3.625% 4-56 6- 3-57 99.31 100.1 3.815% 2- 1-57 11- 1-57 100.1 1-50 7- 10- Ask 77V4 Pub 85% Public Serv El & Gas 4Vs_1977 84% Bonds—(CodI.) Serv >/4 101% 102 101% 101V 89 81 / Sons— 43/4s 1967 & —1987 Amer 100.3 3.70% 3- 1-57 12- 2-57 90.30 8- 1-57 IOO 100.3 3.80% 4- 1-57 1- 2-58 99.30 3-56 9- 3-57 100 100.3 Ask 102% 100 1-56 12- 102% 101 % 101% 102 % United States 102% 84 86 101% 101% 102 V8 102% Trans 102 102 % 1971 73 74% April 4. April 1957 11, 1971 123 126 April April —_1977 102 102% May US Industries 4%e 1970 106 110 Universal May 9. 1976 94 96 5%s Corp Gas 4Vis Match 5s „ 103% 104% 18, 25, 2. Bid Ask May 31. 1957 99.513 99.530 99.936 June 1957 99.461 99.479 99.877 1957 1957 99.981 99.923 1957 99.89L June 6. 13, 1957 99.827 June 99.768 June 24, 99.713 June 27, 1957 99.640 1957 20, 99.420 99.347 ; 99.364 99.307 99.287 1957 99.319 99.299 99.653 99.581 : 99.404 1957 99.702 1957 99.640 99.759 1957 May 23, Dollar Value Ask 99.978 16, 1957 May Treasury Bills Dollar Value Bid 4Vs_1977 5s ' f Elec— Western Maryland Ry 5Vis_1982 ' 78ts. Gas Eastern United 102(2 Am 4%s_1987 45is Underwood -- 101 102V* of 1982 Okla Southern Calif Edison 4%s_1982 Textron 92 80*4 Co of Southwestern 101%- gg —1981 Co Sheraton 101 Bid Potomac Elec 43/8s 1-57 11- 3.75% 1037a 109 Telephone 41/4s_1988 (M; Ask 99.14 98.16 1958- 1, 15, 1958— 1958 1, 99.27 1957 99.10 11.55 Line Fund June 99.26 1, 1957 15. — point 1957 1 Vs Notes— April a Bid 1. l%s April 99.31 6.10 10c %s of Notes—(Cont.j l%s Oct. l%s Oct. 6.46 1 — 32nda more or Treasury 1957_ 24, one Maturity— 8.69 Fund United Funds 1 2%s United Ask Indebtedness— of 3%s 76V4 1979 4%s 4%s 100.2 13.25 State Street Investment Corp__* Stein Roe & Farnham Fund 1 1958 10, 14.94 12.10 98.30 1958— 20. 10, Mar. 13.03 1 Feb. 4.10s ll.Uff xll.06 11.92 Investors Inc 103% 1975 Hilton 100.1 May Aug. Sept. 2 %s 1 Southwestern Texas Ferro 96.10 97% 102% 1972-1967 lo, 95.30 96% 1971 100.2 9.13 Security Issues Elec— _ Commercial 99.6 4%s x8.49 Bid Appalachian Elec Pwr 4%s_1987 South 99.12 100.5 Feb. 2%s June 99.21 1957— a22.85 Shareholders Trust of Boston—1 Smith (Edson B> Fund 1 — 100.4 May 3.90s 1 1958 Ask 100.1 2%s a34.80 1.25 Shares— 99.31 99.4 1958 100.1 t 100 ■ 1957 1. 100.2 100.5 Clark— & Stock Oct. • 1957 100 Central Bank for Cooperatives— 3.80s Funds 15, Bid Bonds— 1957 1, May July 2%s s 12.42 Ainer '1 — 32nd« of a point Bank Land 1O0.1 48 V Nuclear Scudder Fund of Canada Irtc—1 Seudder, Stevens & Clark Selected — 2%s Stock Puritan Scudder, Fire more or 3%s 100.1 15.66 30.51 May June 3.70 one Federal 3.30s 100 July 15, 1957— Sept 16, 1957———— 21.76 14.41 Inc Inc Inc Ask Banks— 1957—- 3%s 14.01 2.50 Fund Loan 15. 3Vs 11.15 12.78 Corp—. Putnam & Y N Westchester Figures after decimal point represent 10.42 9.53 Securities Fund Inc. Science Of «. in the Obligations of Government Agencies 6.96 & Inc 1 Rowet 25 —- Insurance Co 9.30 3% April Fund 3 102% 21.78' Shares Fund Fire S 6.51 8.51 Securities Street 75 U ... 11.31 X6.40 5.96 Inc Pioneer 71 % City 1 Chemistry Philadelphia Pine 84 Fidelity & Guaranty Co—10 U S Life Federal Peoples 1 80% 78% 1 Over-The-Counter 5 U S 9.08 Ltd Electronics Travelers 4.95 Fund Canada 27% (Jacksonville Fla>_2% 163%- X4.53 Series 13.81 Recent & ■'.% 68% ".■46% Security (New Haven) lo Springfield Fire & Marine—_10 3.15% 4V2s '■■■ 56 ' 18 V Republic 3.75 % Columbus 12% 53% 51 (Texas)—10 60 3* 2.50 10.49 X8.31 12.01 Fund Burlington Industries Capital Airlines 414s % 18V 76 5 _lo 41% _4 4 Capital Fund Nucleonics Wall Fund Institutional 94 10 10 - 4% 19.98 xlO.35 11.39 Fund Growth 76% 9.62 lo Ltd— Bank 7% .71 Life (Minn) Fire 9.70 1 Value 2.45 Income Incorporated Incorporated Insurance 18.47 1 Value Income Foundation Fund Inc 10c Inc 27% 39 7% 3.55 3.27 Series Value Line Fund Inc a4.26 a24.25 Boston National 29% —7.50 Reinsurance & Great __ 4.70 4.30 l of 14.42 1 Stock England United Series H-DA Fund a ; United Hamilton Globe 1 Series 18.95 Railroad 11 8.91 11.14 8.79 lc shares Petroleum 8.55 10.17 lc shares shares Mining ER lo lc shares Bond Merchandising 25% - " 12.50 Northwestern 43% 1 Series Growth Common 6.81 5.72 lc shares bond 10.23 r 9.37 4.16 8.21 10.C4 lc Stock Fund-lo Electronics & Electrical Equipment shares— lc Pood shares lc Fully administered shares—lc General 39 V 36% 5 —3.33% 64% F). 16 48 36% —2.50 ' — • Glens Falls 1 Stock 5.30 7.55 (The) Common (S 39% 44% ' 10 Fire River 1.25 Newark of Gulf Life —1 Series Series 21.77 3.80 lc lc Growth Fund Capital 1 Series 23.04 15.55 lc lc shares Building shares Chemical Bond 13.84 1 —1 shares Automobile Aviation Balanced of Securities— Group 2.89 6.79 1 Capital Corp Investors Trust General 20.39 1 Wide Securities Co Inc-1 9.51 160.84 J Fund Inc- Industries General Inc National Investors Corp National Security Series— 4.85 Fund Inc 5 Fiduciary Mutual Inv Co Inc—l Financial Industrial Fund Inc_l Founders Mutual Fund • Franklin Custodian Funds Inc— Common stock series lc Preferred stock series lc 2 Fundamental Investors Inc Gas Nation 21.55 Fidelity Inc Fire * „ 14 V 2 * , 84%' .,37 40% 20.36 Investment Fund Inc Casualty Corp—5 Franklin Life Shares Dividend * Electronics Futures 18.86 Firemen's General "of beneficial interest 2.64 Stock Fund Energy Fund 79 5 n.5-: A Northern ; 11.12 interest—1 Corn Preferred Fund Balanced Assn 11.88 Fund— Fund Shares 8.75 Howard— & 17.70 X15.61 1 Inc 10 Corp class 61 13.93 Shares 3 '' 83% 5 Deposit of Md of Philadelphia 10.29 33 (/3C Life Mutual Trust 1 1 2.50 2oc >34% Co Providence-Washington Stock Invest Mutual Fund—1 Fund—1 E 11% 31% Ins Fire York New 118 10 ; & xlO.99 Trust Growth beneficial 14.44 14.30 Diversified Trustee Shares- Eaton Inc—10c — Massachusetts 7.19 6.57 1 — Fund Fund Investors Investors Fund Inc Mutual Dreyfus Bond 10% Northeastern 249 5 Co Reinsurance Fireman's Massachusetts Dividend Employers Fidelity Manhattan 4 Hampshire North 82% 10 Co Federal 18%. Series Life New 97 2 Eagle Fire Ins Co (N J> Employees Group Assoc 3.82 3.08 14.75 Investment 2.65 - 3.56 17 Diversified General Casualty 2.79 - Manufacturers Pacific 4.18 V 3.47 shares 57% New Amsterdam 29V 5 10 Ins Life Continental 3.23 13.64 Diversified Growth Stk 2.40 i": 3.79 _lc 18%, 35V 5.53 3.85 15.23 Vegh. Investing Co Inc De Vegh Mutual Fund Inc Delaware Fund Natl (N J) Amer Assurance lc Petroleum 31 53% . Inc.. De Ins Assn Connecticut — Co__l 5 Continental lc 1 Consolidated Investment Trust_l Crown Western Investment Inc Dividend Income Fund 1 Inc Fund Columbian 14% Ins Cram & Forster Inc shares—lc shares,— 1 } Life Ins of Special Investment shares—lc Transport shares lc Paper 29 % 3 Life Nationwide 4.24 16.55 Inc 5.02 Equipment shares_lc 18.41 - a42.45 Fire Colonial 5.93 5.43 lo Industries "■ 3(3% Inc„ 1 shares 16.94 - Stand Life 38% 5 Assurance National Union Fire 28% J>_10 (N Insurance Co Boston 10.07 shares Monarch 10 Natl Life Ins Beneficial 12.46 9.22 Fund—* Sayles Mutual Managed Funds— 6.10 24.19 9.66 Fund 1.1.40 205 36% 19% 6.25 Bankers & Shippers Bankers 6.63 25c Fund Loomis 5.57 13.47 Composite 6.05 Investors Inc—1 Insurance Stk 22.38 1 Inc.- 8.33 7.62 Surety Co Camden 8.89 Concord 1 Fund 29% Bonding Fire Merchants & National 12.83 19.64 • 4 Mercury 12.35 '11.86 18% 13% 1C2 197 1 . Keystone Fund of Canada Ltd.l 12.39 Fund Amer 14.53 Lexington Trust Fund— Lexington Venture Fund Commonwealth Investment-.—-1 Commonwealth Stock Fund——1 Composite Bond & Stock 9.35 7.56 —— — Fund Colonial 8.57 10.44 14.23 Growth 1 Inc 1 Preferred 1 9.57 6.92 15.70 50c com—100 12,600 13 Securities Christiana Merchants 11.31 13.16 1 Century Shares Trust Chemical Fund Inc Massachusetts 29% X13.32 1 —--1 Ltd (1954) 39% 2Vi Stocks)—I 1 Fund Inc General Fund Canada Co_o Com Stk*— 1 Com Stks)_l Priced Knickerbocker California Assurance Home American (Low Casualty Amer Ins Co (Newark N Jt 13.10 (Speculative 10 Maryland American 16.60 (Income Com Lincoln National Life 18.91 12.00 S-3 16% 12% 11.04 15.21 8-2 (Vat_5 97% 10.12 (Speculative Pfd 6tks)__ 1 8-4 Corp Inc 1 17.33 (High-Grade Com Stk)—1 16.70 Ins 20 6% K-2 10.32 Title Companies Life Insurance Co of Va_ - 29% S-l 23.18 Life Life 29% 5 - Fla> 22.44 9.55 Bullock Fund Ltd— (Jacksonville 12.21 15.45 Lawyers 35% —1 preferred conv 90% Standard Heritage Life Ins— Amer 11.23 21.37 Inc,—— 25.32 ' 4 30% (Wash D C)_—1 American Re-insurance—— _5 1 Fund 25.79 Ask Jefferson 73 3 1 Bonds) Bowling Green Fund_____—10c Broad Street Investment 1 Boston 24.70 X23.76 Bid 86 34 182 20.87 Mutual Fund Inc—1 America • Tr of Inv 3.95 (Medium Grade Bonds )_1 (Low Priced Bonds)-—1 K-l Blue Eidge $1,25 Keystone Custodian Funds— B-l (Investment Bonds) 1 Par Ins—10 Jersey Insurance Co of N Y—10 133 Agricultural Jnsuranee Co .10 American Equitable Assur—5 American Fidelity & Casualty_5 a20.73 Companies Ask <fc Surety-"—10 Co—; 10 Aetna Life Development Atomic Bid 10 lc Fund Resources Par Aak Bid Jefferson Custodian Funds Inc-1 1.49 Matual Fund*— 99.598 79% Stocks— Minn Power & Lgt Mountain States 4%s Tel & 4%s 1987 104% 104 Vi 103 103(4 Tel— -1983 Mueller Brass 3%s 1975 91 95 National 1976 102 105 101V2 102 Can New England 5s Power 4%s—1987 Okla Gas & Elec 4 Vis— 1987 k__ Arizona Pub Serv 4.80% pfd—50 Central Illinois Light— 4.64% Pacific preferred Power 6.16% Potomac Texas & Lt 105 pfd—50 pfd_100 50 101% 4 76% psr value stock tEx-lCO# b Bid dividend tEx-2-for-l split, Light— 2.44% FOOTNOTES FOR OVER-THE-COUNTER 56 •No 100 100 & pfd Electric Pow 55% 100 102 105% V4 50% 104 a Net asset k Admitted t New value. to listing Stock Exchange x on the New York ISSUES yield price, d Ex-rights, stock, Es-dividend. wi When issued y Ex-stock dividend. I] Volume 185 Number 5625 The Commercial and Financial Chronicle ... i f bird Federal THE COURSE OF BANK CLEARINGS will show increase compared with an a year ago. of the country, indicate that for the week ended Saturday, March 30, clearings for all cities? of the United States for which it is possible to obtain weekly clearings will be G.9%* above those of the at corresponding we£k last Our preliminary totals stand year. At this center $22,528,084,093 against $21,066,711,300 for the same week in 1956. there is Our comparative summary for gain for the week ending Friday of 3.5%. a 1956 $ Pennsylvania—Altoona » Bethlehem— Inc. 1955 or Dec. % $ 1,981,623 1,819,704 . m — 1954 .: £ 8.2 $ 1,522,601 1,635,003 / ' ' 2,005,948 1,574,557 -f 2.4 2,125,085 + 35.0 1,715,122 1,871,919 4,705.605 4,314.005 + 9.1 4,509,390 4,420,305 1,426,000,000 + 4.0 1,248,000,000 1,159,000,000 3,135,197 7,940,746 1,271,000,000 3,768,097 6,823,707 ♦3,400,000 .3,281,749 + 3.6 + 14,790,173 6,635,376 36,105,905 12,360,153 1,492,164,772 1,449,851,120 2,054,152 __ Chester Lancaster Philadelphia, — Reading,, Scran ton 3,973,210 I__ Wilkes-Barre York— ' ■ .. , Delaware—Wilmington New the week follows: (1557) Week Ended March 23 Pre¬ liminary figures compiled by us based upon telegraphic advices from the chief cities rV Reserve District— Philadelphia— 1957 Bank clearings this week • 7,456,724 „ 17,899,373 „ Jersey—Trenton Total (11 cities) CLEARINGS-RETURNS BY TELEGRAPH 1,673,170 1,442,523 v 5.4 + 3,154,622 . + 16.4 5,852,269 > 6,013,074 4,303,628 2,707,093 12.4 6,817,546 —50.4 i4,952,952 + 19.7 11,853,078 •8,419,407 11,937,171 9,060,680 + 2.9 1,304,354,378 1,209,642,437 • ' ' Ohio—Canton 1,120,079,096 874.117,107 + 28.1 27.5 Cleveland 702.204,294 346,185,387 + 360,200,000 347,400,000 + 3.7 608,396,000 602,479,185 + 1.0 Boaton Kansas CItj —I Louis Francisco 11,687,374 Cincinnati + 379,887,982 — 998,000,000 870,135,548 Philadelphia San Fourth Federal Reserve District—Cleveland- 3.5 + 1,272,000,000 Chicago St. .?<+■ 1956 $11,698,597,606 811.306,560,339 York New 1957 - Week Ended March 30— L, . Mansfield 9.7 Pittsburgh 530,596,599 485,798,344 + 571,435,656 543,016,893 + 358,682,654 289,869,751 + 23.7 (7 48,655,100 +12.0 43,256,000 44,316,400 8,820,392 —28.5 11,014,750 + 10.7 9,774,067 8,330,084 + 6.6 382,845,979 363,965,206 +10.8 1,178,944,220 1,102,176,179 15,122,319 12,187,981 477,036,292 447,585,628 1,428,300,651 + 1,352,017,640 cities) + 9,212,429 5.2 Baltimore. Total 245,958,565 422,419,47.5 54,513,100 9.2 Cleveland 255,670,259 467,932,082 13,485,975 - 7,974,023 8,451,083 4.9 16.7 ; • —. Youngstown Pennsylvania—Pit tsb u rgh 2.4 + 292,781,772 530,572,765 _I Columbus -—4-. 4.6 — 11,414,002 307,023,940 619,431,651 - - Fifth Federal Reserve District—Richmond- & Ten j cities, five days Other cities, five west Virginia—Norfolk-. $17,370,061,141 $16,495,631,350 + 6.5 4,081,687,460 3,809,233,290 + 7.2 $21,651,748,601 . $20,304,864,640 + days Virginia—Huntington Richmond- V i-L + All 876,335,492 cities, one day District of — 4.1 2,953,411 •16,940,000 3,525.492 + 16.1 19,306,000 7.2 176,959,134 7,342,606 7,729.563 5.0 419.501,017 Columbia—Washington-! 195,980,355 5,915,678 384,436,236 + 9.1 365,728,660 278;970,411 141,295,147 132,514,158 + 6.6 120,681,488 99.909,233 761,001,091 + 8.2 711,137,673 580,717,602 r ; Maryland—Baltimore 6.6 . 3,917,945 21,961,088 225,699,302 South Carolina—Charleston Total all cities, five days 3,756,640 —25,497,758 : — , 210,442,101 + — i': ■ 4,985,413 + 15.0 761,846,660 Total (6 cities)-: 823.092,470 ; — " ■' Total all cities for week— S22,528,084,093 $21,066,711,300 6.9 + *■• . / in Complete and exact details for the week covered by the foregoing will our ends issue of next We week. cannot furnish Saturday, and the Saturday figures them today, inasmuch appear the week as not available at time of going to press. are Sixth Federal Reserve District—Atlanta— Tennessee—Knoxville has to be estimated. cases the elaborate detailed statement, however, which We are able to March 23. we give final and complete results of the previous week—the week ended For that week there was an increase of 13.1%, the aggregate clearings for the whole country having amounted to $26,184,738,727 against same week in 1956. at this center Outside of this showing an city there increase of 16.6%. Federal Reserve Districts in which they are was a $23,141,857,629 in the We group the cities according to the note that in we the New York Reserve District (including this city) the totals show an improvement 26,003, 275 + 11.2 108,100, 574 106,244,355 7.9 382,500 000 316,900,000 7,874,252 —20.6 454.300,000 6,251.815 — 4,036,006 166,300,495 196,199,560 + 24.1 201,516 ,277 162,089,946. 24.3 16.8%, in the Boston Reserve District of 25.9% and in the Philadelphia Reserve District of 2.9%. in the In the Cleveland Reserve District the totals Richmond Reserve District by 8.2% and are larger by 10.8%, in the Atlanta Reserve District by The Chicago Reserve District enjoys a District of 5.6% gain of 9.1%, the St. Louis Reserve Seventh Feelers! Reserve and the Minneapolis Reserve District of 7.2%. Reserve District the increase is In the Kansas City 2.0%, in the Dallas Reserve District 6.0% and in the a South by Federal Reserve Districts: "Week Ended March 23— $ $ Eostdn 1st 12 cities 949,905,889 14,245,217,968 11 " 1,492,164,772 7 " 1,438,300,651 Philadelphia «th Cleveland. nth $ $ ; \ 794,777,767 10,300,535,821 10,402,012,801 1,449,851,120 + 2.9 1,304,354,378 1.209.642,437 1,352,017,640 + 10.8 1,178,944,220 1,102,176,179 C ** 823,092,470 761,001,091 8.2 711,137,673 580,717,602 M 1,452,033,159 1,267,153,241 + 14.6 1,121,489,215 7th 17 " 1,577,711,405 1,446,566,803 + 9.1 1,230,564,252 1,136,101,403 4 " 724.810,676 686,400,104 + 5.6 626,998,245 + 3,210,665 + 16.3 3,063,473 6,956,723 2,595,653 + 14.8 117,680,725 118,818,668 ! 6,537,180 0.6 5,455,133 45,260,437 1.4 39,315,562 4,462,813 36,493,403 13,332,669 0.3 15,041.099 1,409,289 1,172.180(560 1,403,840 1,078,430,858 6,278,595 + 8.7 1,299,356 1,406,584 + 8.7 833,391,141 4,070,711 14,479,539 + - s—— . 7.7 9,633,572 + 1.6 8,037,414 7,250,443 6,232,025 5,378,221 + 15.9 4,883,233 4,257,743 1,577,711,405 1,446,566,803 + 9.1 1,230,564,252 1,136,101,403 7,109,178 15,596,851 - ' cities) .v '*■: 651,734,151 607,918,405 + 7.2 482,813,477 491,077,445 9 " 697,282,381 683,904,724 + 2.0 591,287,023 611,169,435 6 " 627,217,754 591,468,341 + 6.0 507,496,247 463,237,415 10 " 1,445,267,451 1,342,714,996 + 7.6 1,090,706,852 978,679,636 13,184,053 909,302,911 4,658,950 12,170,408 9,786,080 T — — (17 + — — 9,481,183 ■i' r\ ' • '*: -V" j1 'V ,s ' ; < • ' '1 ■,. + 13.2 11,454,419 ' •'4> .. Eighth Federal Reserve District—St. Louis— 385,400,000 341,300,000 324,100,000 2.6 172,790,703 171,988,166 131,052,590 8.9 110,740,890 2,479,246 — 9.1 199,518,416 142,687,034 — 353,400,000 194.244,396 2,429,0.-j8 2.1 2,166,652 114,386,990 2,001,625 724,810,676 Louis Kentucky—Louisville..—: Tennessee—Memphis Illinois—Quincy 686(400,104 5.6 626,998,245 .612,476,789 612,476,780 7 12.7 9,222,292 976,321,169 Chicago «th 84. Louis Minneapolis ; •10th Kansas City 11th Dallas 13th San Francisco - Total New We York add now " City our + detailed 26,184,738,727 23,141,857,629 + 13.1 19,941,105,170 19,276.955,533 12,398,575,426 109 Outside 11,321,400,021 + 9.5 10,006,235,124 9,201,880,973 statement showing the figures for each city for the week ended March 23 for four years: Total cities) (4 Minneapolis St. 8.538,450 I. Dakota—Aberdeen l —— 4,939,754 5,575,013 Total cities)— (7 — 651,734,151 Claaringt at— 1957 1956 Inc. $ S Dec. 1954 1955 or Vo $ . '; 1; $ Maine—Bangor 2.020,762 1.814,093 1.3 4.932,601 4.760,232 25.5 685.010.074 + 29.1 3.422,373 1,016,142 + 35.5 1.246.023 1.376,604 New Bedford 3,302,297 13,642.211 13,627,243 11,744,458 — — + 2,422,538 Springfield Worcester New Rhode Rew (12 Omaha St. 2,952,369 •" Blnghamton Total Springs Rochester 9,091.068 + 29.2 8.408,052 8,308,656 31,468,736 + 38.7 31.478,807 34^778,821 Syracuse ; + 25.5 15,50.9,760 12,813,762 21,645,800 + 47.5 25.702.100 22.285,300 2.629.309 ,2,583,645 + 754,223,677 + 21.924,828 + k-» cc 2.031,534 1,762.637 25.^^ 794,777,767 5.2 fa ) 141,593,374 2.52.9,021 + — 21,953,712 8,624,964 21,290,188 388,634.894 384,262,669 12,614,830 6,375,401 10,622.279 + 18.8 11,681,671 10,417,747 + 0.1 17,405,795 20,308,926 3.178,443 3,942,197 13.5 123.715,055 112,032,G03 0.9 1,926,302 2,036,434 3.018.393 + 25.6 2,198,924 + 16.6 9,934,870.046 37,095,389 + 29.8 29.639,601 683,904,724 ■ - + 2.0 5,501,166 ' (a) 591,287,023 4,146,152 3,039,005 611,169,435 10,206,852 9,932,263 + 2.8 8,693,130 8.166,092 512.341,331 39,034,172 + 6.9 437,956.789 401,972,140 + 3.4 33,299,313 29,854,326 Forth Worth—II————II— 40.355,484 7,163,000 8,936,000 + 24.8 7,032,000 5,811,000 0.6 —18.8 6,760,458 13,754,557 11,115,106 6.0 507,496,247 463,237,415 + 29.0 184,705.782 |166,714,910 7,203,438 7,163,281 12,851,136 15,834.294 627,217,754 591,468,341 + 196,692,979 Louisiana—Slireveport + 6,318,751 Total cities) (6 253.751,132 — 5.087,956 4,513,150 + 12.7 4,750.305 4.127,458 203,946,072 Oregon—Portland 203,833,851 + 0.1 159,030,765 Utah—Salt City Lake 152,910,657 110,318,220 98,135,674 + 12.4 82,002,588 74,093,021 13.9 — —— San ; Francisco — — 26,794,180 + 18,943,477 17,048,302 + 11.1 14,978,405 17,955,869 12,042,980 755,921.503 3.1 587,313.409 523,600,714 24,471,892 Pasadena 779,447,975 Beacn California—Long 30,507,367 2 , + 22,450,774 22,660,224 + 8.0 20,070,925 14,559,093 7,556,027 6,518,770 + 15.9 5,792.940 4,657,909 11,237,333 10,596,363 + 6.0 9,610,959 8,017,025 1,445,267,451 1,342,714,996 + 7.6 1,090,706,852 978,679,638 26.184,738,727 23,141.857,629 +13.1 19.941.105,170 19,276,955,533 12,398,575,426 11,321,400,021 + 9.5 10,006,235.124 9.201.880,973 25,371,357 24,1)60,477 + 54,892,014 93,738,653 74,687,343 + 14,245,217,968 12,198,637,487 (a) 547.664,844 Texas—Austin 10,075.074,555 18,379,040 cities) 6,371,164 <a) 1,637,572 11,820,457,608 77.011,083 <10 8,167,604 Twelfth Federal Reserve District—San Francisco— 3,790,286 25.895,121 Total 9.8 11,976,925 713,343,222 • 24.182,020 Jersey 170,532,052 697,282,381 Washington—Seattle Connecticut—Stamford New 146,374,912 1.1 Wjchita Falls New Jersey—Newark Northern 3.2 6.9 Galveston 19.755,883 48.134,500 - + Eleventh Federal Reserve District—Dallas— 9,892.899 + 13.786.163.301 : 167,133,170 + - cities) (9 2,676.512 2,506.507 York 7,430,101 + L— — 3,326,046 160.729,455 Jamestown New 555,962 7,319,154 25,150,466 Joseph Pueblo 11,689,575 ia) Buffalo Bmlra 870,675 726,517 5.1 457,348,229 City Colorado—Colorado 0.1 23.067,042 927,393 6.8 + 452,229.441 — Yakima York—Albany 18.1 + 968.915 Soeond Federal Reserve Dlstrlet—New Yorknew — 707,942 8.751,737 10,806,658 Wichita.™— + 36.3 . 949,905,889 cities) 491,077,^45 7.2 3,607,323 26,924,412 Kansas—Topeka 31,926,400 Hampshire—Manchester Total 482,813,477 + 921,600 755,259 i— ' Island—Providence 11,404,345 „ 756,232 24,789.800 Haven 4,318,478 10.824.C88 9,199,387 172,501,973 43.658,226 Connecticut—Hartford 4,613,552 610,328,966 2.837,128 640,700,242 3,662.521 River 6,647,857 804.216.751 Lowell 2,427,335 6.558,440 Massachusetts—Boston Pall 1.2 7,793,233 4,306,791 1.4 — Tenth Federal Reserve District- -Kansas City— Missouri—Kansas 2.398,872 Portland 135,641,133 6,547,400 + 10.4 607,918,405 Lincoln First Federal Reservt District—Boston— 323,721,278 124,643,627 + 14.5 5,656,958 12,997,179 Helena 5,837,4s3 324,308,227 1.7 + 15.8 7,949,171 4,313,330 9.206,048 — — — 14,348,611 Montana—Billings 6,323,959 8.9 + 411,779,584 157,881,604 100,510.175 —— North Dakota- -Fargo-——-— South + 16.3 + 7,340,579 448,616,100 4, —————-—— Paul.— Nebraska—Fremont Week Ended March 23 + Ninth Federal Reserve District—MinneapolisMinnesota—Duluth Hastings • 6,195,8837,109,001 64,603,000 13,289,501 Missouri—St. 10 Richmond 9th . 8,413,576 65,619,000 713.343.222 »th Atlanta ' 0.1 + 12.8 136,545,816 : Illinois.—Bloomlngton Chicago ' + 44,604,631 Rapids ;'h + 16.8 12,198,637,487 10 3rd Vo 1954 + 25.9; 754,223,677 Stand New York— < Dec. : ; 11,238,157 3,733,913 Springfield— *• 7,598,282 156,702,080 6,573,010 City Total 1955 Inc. or 1956 16,129,123 76,421,000 10,397,124 Moines. . 1957 2,414,824 7.8 8,647,548 86,202,000 Haute. SUMMARY OF BANK CLEARINGS 44.7 + + 11.9 2,226,234 18,320,180 9,674,267 11,252,384 Bend Terre Peoria summary 1,764,956 12,086,194 + 3,222.275 Rockfoid In the following we furnish . 976,321,169 19,746,237 . . Decatur Sail Francisco Reserve District 7.6%. 1,121,489,215 451,835 District—Chicago. Wisconsin—Milwaukee Des +14.6 1,267,153,241 • 'I ' Wayne Indianapolis-: Sioux 182,673,3633 1,452,033,159 Michigan—Ann Arbor— Grand Rapids Cowa—Cedar 14.6%. 9,052,790- 186,874 ,644 + Indiana—Fort of 10,047 ,250 416 ,581 14.5 + 519,400 212,740,299 " 'V ■•" . + 19.4 14,766,323 620,130 243,650,377 Orleans— Lansing 4,370,328 6,068 .752 194,202 ,967 243,516,205 cities) : .• ' + 21.8 — 18,351,740 (10 ■.1 5,758 895 5.8 6,'469,823 Mississippi—Vicksburg Louis'ana—New 24,202,093 251,030,052 : Total + 6,093,698 " Alabama—Birmingham Mobile + 305,819,723 —— gain of 9.5%, the bank clearings located and from this 9.4 123,961,965 421,100,000 Georgia—Atlanta Macon present further below, 32,491,567 '137,895,056 : Florida—Jacksonville In j 35,534,415 Nashville—— Augusta Accordingly, in the above the last day of the week in all . Santa + 3L6 15,228,611 16,554,441 7.6 •25.500,000 •24,000.000 -40.3 63,768,847 83,104,197 66.943.666 + 16.8 10,300,535,821 10,402,012,801 Total (10 cities) 54.111,050 25.5 Barbara Grand Outside (a) total New (109 cities) York City Clearings operations discontinue. 50 (1558) The Commercial and Financial Chronicle ... Monday, April 1, 1957 Foreign Exchange Rates DIVIDENDS of Section 522 of the Tariff Act (Continued from page 16) to the requirement Pursuant of 1930, the Federal Reserve Bank certifies dally to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just parsed. EXCHANGE rOfUnaN CERTIFIED RATES BY MARCH FEDERAL 22, 1957 RESERVE MARCH TO BANK TO TREASURY UNDER TARIFF 7'* ■ Law son* & ACT OF • Name of Company 1930? Class 28, 1957, INCLUSIVE Jones, common Noon Buying Rate for Cable Transfers In York New Lees Money) in United States (Value (quar.) & Sons Co. 3.85% (Jamesi Lehmai^_,Corp., Monday Thursday Wednesday March' 27 Tuesday March 25 March 26 4 March 28 $ Argentina, peso— Official .0238609* British Malaysia, 2.224103 Ireland, Liggett'^ Myers Tobacco, 7% .0385356° .0385356° ,» .0198750 ; .0198750 .325200* .325200 1.046406 .209066 .00435401° .00285500 .237912° v .00435401* .00285500 > — **, .237941* - .209020 ' Netherlands, guilder Zealand, pound Norway, krone Philippine Island*, peso Portugal, escudo. Sweden, krona Switzerland, franc .00435401° .00285500 ".00285500 .209030 2.790937 2.790625 V .00277912* .0800560 ; --237891* .261250 .261300 .261283 2.762995 .496950° .496950° L- .496950° .496950° .0349000 .0349000 .0349000 .193330° .193330° .193330° .233350 .233333 .233325 . :'•; .233345 • .0349000 ' 2.780821 2.781755 2.780510 2.780199 > United 2.791250 2.792187 2.790937 2.790625 pound sterling Cnain 4-10 * cOinmon„_iz^_ 25c 5- ' 10c ••. 4.40% preferred Lorian .Coal (quar.) ~ 7% 2Dc „. (quar.) B (quar.) 1 G (quar.)_^^2^._v—+ Watch 3-13'i 3-15? 4- 1 -4- 1 ' in New York Federal Reserve Banks Combined $306 (In thousands of dollars) ASSETS— Gold A R. gold notes Other for F. of 1957 4- 1 1 4 '3-25 >4-17 3-29 & 9,998 +583,404 notes 852,147 reserves 21,626,539 other- banks 407,627 447,367 _ and Industrial advances 616,584 loans S. Government 22,675 + 4- + Certificates — 6,793 + 117.347 — 2,652 + 59,029 Loans — 89,362 Loans 276,155 — 12 + Bonds •, + 304,705 Total t 76,250 —394,295 —582,500 Total Govt, securities 25,500 76,250 — 23,065,567 56,300 — and Other loans and securities foreign banks. Uncollected cash items 23,705,621 J- for _ 132,550 (quar.)—— $1.75 8- 1 7-23* notes-— + 6 1+ 11,380 12,561 + _ 1,822 > 31 +' U. S. bonds..: 8,746 to + _+. Macy + 393 761 -910 ; 4.842 i. + .426 + 40 ___. - 650 + .• —1,782 —1,423 25 — 1,371 __ Banks- 17 40 -* — 75 — 13,437 177,699 Cash in vault—. Balances with 961 domestic banks. 32 + 59 + 4 — 51,019,368 S. bank 26,371,667 18,349,522 acct. 489,873 — 59,821 +362,324 — 494,116 —232,704 — 254,897 —' — 344,843 Other + 299,475 Total Deferred deposits 19,483,713 availability cash items— Other liabilities deposits adjusted and deposits Government S. Interbank accrued 3,803,917 divs. 44,755 + + 111,383 — 21.848 592,875 —■ except U. . Government S. —1,201 23,020 * + 91 3.240 + 2,106 —- ! t + 1,552 ..+ — 142 From 17,003 From Federal Reserve Banks.. 781 ... others.. 227 + - —1,644,071 18,748 + +163.280 867 + ! Exclusive individual serves: 998 . loans of to loan banks items and liabilities after shown are CAPITAL ^ 49,678,045 in 330,765 Surplus (Section 7)_____. Surplus (Section 13bL— Other -2,295,900 capital 135 + + % 185 81 — deduction .of gross. "f : 10,695 + 32~042 235,422 ' Total liab. and capital accts. Ratio of gold certificate reserves to deposit and F. R. note lia¬ bilities combined i 51,019,368 — Contingent ances liability purchased on for loan +364,217 47.2 % .7% 1.2% be found and valuation re¬ called the 58,935 698 1.974 12 + 19,862 — 458 current volume PARTIAL Condition Statement of Member Banks The condition statement of weekly reporting member Reserve System in leading cities shows the following principal changes for the week ended March 20: Increases of $739 million in commercial ln^us^r^ai loans, $393 million in holdings of Treasury bills, and $2,106 million in U. S. Gove/nment deposits and a decrease of $1,201 million in Saemand banks of the adjusted. Commercial Federal deposits Up and industrial loans inc|eased Company and Issue— & First Charlotte mortgage Brunner Manufacturing 15-year 6% subord. General Plywood General Tire Rubber subordinated Laclede Gas Co., * Electric Co., 1958 Apr. 1 debentures due pfd. 1968. -Mar. 31 stock—^ May 1 I.'-19811— due-April stock 4.6% D.1SS' The current increase Trans f? cluded compares with an increase milllon in the previous week, which also in¬ loans for quarterly tax date needs. Changes accordling to industry appear in another press release. 1 , May # of series'—_ _Mar. 31 U. b. ^rT«i47 SI47 and *rr *$36Z million in the million in the San Francisco increased $67 million in the Boston Chicago District, District, but they District. Time de- 1045 March 1 1 1046 a first mtge. first mtge. & & 1. Line 1973_z -May collateral collateral trust bonds bonds ENTIRE series series B series C— First 5% mortgage first International Resistoflex of 60-year Utilities 'Announcement 5% 5% 1 1091 1 1091 1, 1983 —Apr. 1 1092 g *$1.4 con Id old $1.50 & series Page B, and this issue. $3 2nd 3-20- 3-21 •" 12c Messenger 4- 1 ' . . 3-16 j - 4- l" v*s 3-11 1 *.+ 3-11 -j •; .. - 11c 4-25 15c 20c (quar.)_L__L- 3-29 4-1- 4- v 4-1+ 12+vC 3-20 3-30 4-1 ' 3-15 1 4-2§ . 1 4- -- -?$1 > 3-29 r "4-16 , SI.50 - 3-29 4-16 ; 4-16 ■ !12i2c 3-15 3-15 !50c 6- 1 5- 50c ' 4- 1 3-20 3c . .75c <quar.)__— 4-12 4- . 15c_ . 40c Co.— 4- IV 1 3-19 1 4-1 4- ' * ' 3-15 1- .; 3-14 ' 50c, 25c 4- 1 4- 1 30c 5-1 4- 25c 4- 1 3-15 40c 4- 1 3-15 90c 4- 1 45c 4- 1- 3-25 37l2C 4- 1 3-25 4-1 3-8 . :— ; — (quar.)— t_ common— * : —_J— 26c (quar.)—— 3-15 3-20 3-25 £71ijc 4-1 3-8 $1 _____ <quar._) 4-1 3-8 —_—_ Scott— on common— . — 4% I 30c 5'/2% (quar.) 4-1 5-16 (quar.) t-2 Metropolitan Edison Co., 3.80% pfd. : 12- 6 3-8 . / 5- 6 4-1 3-16 95c- .4-1 (quar.) (quar.)_! 9-13 12-20 !6834C , 6-14 6-14 9-30 30c i— pref. * 6-28 - 12V2C : Ltd., 7-15 30c (quar.)_, preferred 3-29 3-16 — "4- *<, $l.l2*Mi . <quar.)_ : Machine 3-15 3.-15. ,.i3-2J 1 4- 2 . * . 4-20 2oc —:: Corp., 1 ,** $1.50 , 3-4 c 96%c 4- 1 3- 4 3.90% preferred (quar.)__ 4-1 3-4 preferred (quar.) $1.0834 4- 3-4 (quar.) $1.1 IV* 4-1 12-.2C 4-15 56%c 5-31 Miami Window May- 1 1044 pfd. sk.__Apr. 1 720 —Apr. 11 1280 4%% Stern Corp. & preferred preferred preferred preferred 4Vz%"preferred 1 3-4 • 4- 2 Co.— "$50 par" (quar.) "S50 par" (quar.).,— 5-16 56%c 8-31 8-16 par" (quar.) 56%c 11-30 11-15 "$100 par" (quar.) $1.12l2 5-31 5-16 4L2%. preferred "$50 4M»% 97v2c tquar.) L—— "$100 par" "$100 par" $1.12>-2 tquar.) (quar.) — ^ 3-29 1 1 4- 25c (quar.) 1 4- 37V2C (quar.V_^'__^_ preferred 1 4- : Corp. 4- 30c — (quar.)_ Paper Co., 3-20 1. (quar.)_^_^ common Quarterly 3-20 .* 4- ———— (quar.V_l__ dividend * •: 1: \ 3114c Quarterly Mesta 4-3 (quar.$1.50 (quar.*____; & , 3-20 4- •(quarj• Cement preferred „ 3-20 4-15- 11 Engineering S3.50v preferred ••> 4-15 15c (quar.) (quar.)____ Mfg. Merrltt-Chapman 4'.2% stock, conv. preferred Co.. , . ' -4- preferred (quar.) 5% " preferred (quar.)—v A 3-15 '3-15 .'**17%c ti.- ; (quar.)—^ preferred Michaels. bonds cum. pfd. preferred Acceptance class 1 4-15 3-29 30c (quar. Oil Co.".Ltd. Co. :,••••) 1 4■ - 3-26 4- .< (quar.) Co. & , , 4-9 v !50c * 3-15 T % > -*4- 1 t 25c com. preference & 1 i3-18 4.45%rpreferred CALLED bonds, ■-■ . convertible Inc.. Merchants 4%% In 5% 4-1.0 ' 4-15 4- Ltd.— (quar.) • / 4-10 « 4.35% merica— 60-vear Co., cum. 1091 Apr. Date Central mortgage Corp 1 -Apr. Company and IssueRys. A 3.85% due July ISSUES A_ -Apr. 4-20 4-15 4-15 !$1.25 * , (quar.)__ Co. Machine Mersey trust '*>:*<; common..-^.-, Industries, Stock 1091 30c 50q !30c T - 1 4- ' 3-15 J: $1.50 (quar.)___: common Mfg. 3-15 V , > . ';3-15 4-25 V 4- « 4-17 j 4-1 117'ic Quarterly Co.— 4'7o first mtge. & collateral trust bonds Western Light & Telephone Co., Inc.— International '** . e^c — McdusBi Portland $4 979 Pipe 1 ' »•*.),. Inc. Johnson 80c 1 in y an(^ million in Chicago. Holdings Government bonds decreased $40 million. Demand deposits adjusted decreased $617 miliion in tt 1153 pfd. stk -Mar. 31 Shipping Corp.— sinking fund ship mtge. bonds due Oct. 1, 1968- -Apt. 1 4+8% 4% Mead 1 York State Electric & Gas Corp.,. 4.50% Oil 4- 27c *, . Aircraft <qua.r.r;__l__ Porcupine Mines, Ltd (qUar,).__ Machine (quar.)_„_. McNeil 1039 # Mountain 3-20 3—— income* Co., Ltd., McQuay," Transatlantic 5% 1 \ ■'■'*■ 5C" (J. Merck First mtge. bonds, series G, 41/4%, ii1Ss "other" loans increased $40 million Holdings of Treasury bills increased $179 miliion New & Trucking McLellan-Stores 1038 Ltd.— Gas & Oil Corp. mortgage 434% bonds due 4- 2,c 5928c <s-a» participating Class mtge. ser.- C 4V*% bearer coupon bonds due '78- -Apr. (John) Morrell & Co., 15-year 3"t, debs, due 1958 May First A McLean 1 National were Factor 3-27 --6-14 __v- Co., 8 4-30 (quar.)____ Co.) °6% net / 1 8 3- 6-30 Extra McKay Page .May ; 1st in all dis$376 million in New Chicago, $66 million in the San Francisco District, and $59 million in the Cleveland tncts; the principal increases York CRy, $107 million in .' McLean Date 4- 3- i25c Mclntyre Co.—■ preferred $7,50 3-20, " 1S1.25 (quar.)-.. from McKlnney 1963 cumulative (quar.) ; Sons McQuavvNorris debentures i'.s. McDonnell Co.— 57c 3-29 < Co. McColl-Fronte.nac Ry.— convertible Corp., 4-15 " 15c 4+2% 'preferred t qUar.-)___—__ Massachusetts Investors Trust—- .•*.«, »'.;:*• * Certificates bf beneficial interest (quar- Mays, REDEMPTIONS due 3-Ti (quar.).;'.-^— Common, ;$6 -. 43/4% Maui & Line bonas : Maxwell, fund provisions. last date for mak¬ ' Air 1 ' Class number gives the location in ' 3^4% 4- 50c" - — Casualty (quar.)t— Maryland Credit Finance Corp.", com. tquar.) 6"0 preferred (quar.) : Maryland Shipbuilding & Drydock— Max sinking AmpaNAmerican Palestine Trading Corp.— 10-year 3% sinking fund debentures due Atlanta & Co. Marshall-Wells ."•* (except where otherwise indicated) were given in the "Chronicle." in which the details 1 „ The date indicates the redemption or page (M.) Steel tcrly stock under 4- & Telephone & .3-29 / 20c _r_ Co. " 3-29 < 1 Co., com. Market Basket (Calif.t, * ■ 4-15 4- (quar.) (Clayton) 4-15 ' ^ (quar.)—. }.12l.?C Maryland ; list of corporate bonds, notes, called for redemption, a common ing tenders, and the foreign commitments Below will preferred including those accept¬ correspondents Industrial —2,285,070 50c,. . (quar.)—— preferred Marsh * Notices 27,543 accounts 3-15 2 Marquette Cement Mfg. Co., 6% 297 Redemption Galls and Sinking Fund 53,981 + 747,593 __ 20 783 1 4quar./1— preferred (quar.) Marlin-Rockwell Corp. +257,411 + 4- $1 1,171 ACCOUNTS— Capital paid 3-21 20c 4- (quar.)_— Co. _r_— (quar.) preferred 7'/o , Total Stores preferred Marsh —269.364 v (quar.)— L„— Conimgn (quar.) 1 6(i 306 + 3-15 1 __i_„ Maritime Telegraph » 910 + 31 ., '3-15 " 4- $1.50 Bloedel,- class A (quar.)_ Common Mark 10.382 _. banks 4-15 Increased semi-annual i-l * • 20c Marquette Cement Mug. Co., 6"% pfd. (uUar.) 12c Marine Midland Corp., common (quar.):.— 221,ac*J 4% preferred (quar.)—50e- 1.425 + — Borrowings: 2,191 796 — deposits: banks.. Foreign 55,704 — denosits— demand Domestic reserves Treasurer—general Foreign Demand Time - notes—;! Deposits: Member +364,217 U. LIABILITIES— Federal Reserve U. -2,285,070 (quar.) Corp.— . -t assets -4-F5 V -4--1 (quar.15c Maple leaf Gardens. Ltd. <quar.)_ Maple Leaf Milling,-Ltd., 5% pref. (quar.)__ 'Maracaibo Oil Exploration LIABILITIES— Total ' 3-15 5-1 ! 525c 1 pfd. <c;umr.)_ priority shares (quar.) Bonding? & Casually Co.— 6 % 33 70 — 2,535 — 3-29 r 1 .$1.50 /quar.) Manufacturers Trust 272 + , 243 + , 607 — ■*. 3-29 4-15 4- '30e (quar, Manhattan Bond Fund, Inc.— ° (From net' investment income)— Manitoba. Sugar Co., Ltd., 6%-p»u. )s-u;— Mansfield Tire & Rubber Co.f-.. 514 —2,6*4 27,255 75,651 145,430 & B 4.75% 101 —- 7,642 —— Reserve (quar.)—- 5 3-5 2-28 " 4-15 ' !40c - 3- 4-> 1 f 31l«c * !22:2c> common Publications (R, H.). & Co. Maine 145 — —22 18,624 Federal .' (s-a)^r' Mahoning Coal RR. Mailman; Corp., Lttl.r. 5% 94 — 314 1,763 —>— banks— with Forbes, Mading*" DrUg ii -6 + 10,864 25,990 _— — Loans & preferred Class 258 — 4-vll: ♦ 4-15 27'^c iquar.)__' common %10-23 11-1 ,• $2,50 (quar.)——— Malms Public Service indebtedness securities- preferred +3,932 1 8 1,148 — of \-i'/a common Power, +3.529 ■ 30c . >$1.75*'.. fquar.)_—_—*2 Lawrence MacMilfan " Reserves + 4 — ——: certificates + 739 preferred 6% carry¬ — bills.. —1,886,751 + _ $1.75) v Convertible securities—total- Treasury —618,871 31,149 non-cum. preferred (quar.)— (P. ) Co., common— preferred (quar.)_—" Angeles Investment Co. (quar.)„ Macfadden 1956 pur¬ —.— v Government Treasury —537,795 409,190 — 805 430 for or ,_ 9,500 + + securities-_-i— loans loans-— S. . ,'...+ +1,094 53,115 loans—— dealers purchasing securities estate —547,295 22 4,611,111 Bank premises *L___ Other assets industrial and carrying or loans ing Real . . preferred MacAndrews s Mar. 12, r 1967 86,747 loans:——- brokers to Mar. 13, ■ ■ 3-2 • ,>■ ■ Decrease (—) Since 1957 — Other hue from ' adjusted!--—- adjusted! Treasury repurchase agreem't S. investments Agricultural U. U. and Other — Increase ( + ) or . ■■ P ^ • non-cum. Topograph Co., $6 preference Lynchburg Foundry Co.— (in millions of dollars) Commercial + 429,500 8,571,413 23,040.067 /v;;/'-', ASSETS— 8,173 2,801,750 bought outright - 3-20 1 4-23 Ludlow " . Mar. 20, 113 497 + — 11,362,199 ; — Held under v.!":- "V chasing .___ ; + 590.378 Loans — Total banks follows: 3-20,. 1 4- 1 Lov/ney- iWalter M.» Co. Ltd. Lucky tager*Brewing (quar.) ->,• reporting of .' 1'.% 4- 5- Lower St. 4 * $1.75 5% . 3-15 (quar.)— Louisviye Gas & Electric, increased others; decreased, liabilities and assets 6,974 7,749 securities: Notes of . Bought outright— Balls from : 2,249 + 795 Acceptances—bought outright U. member borrowings Banks 3-15 ; preferred _ : - Reserve Loans to banks decreased $75 million. summary 1956 20,774,392 __ R. certificate cash Discounts Mar. 28, and •V",; account— Redemption fund F. 20, 1957 certificate Tctal Mar. - Federal from million $81 million. Increase (: +) or Decrease (—) Since Mar. 27, City. Borrowings " 3-15 4- 20c , -.t ::4- / $1.10 * (quar.) 3-15 3-15 r 4-1 25c Co. ' 1 1 , $1.25 — 6-20 44- >. 50c - 7% Los 1 + 5-15'.3-21 * !20c - 7% *- 4- 1 - 7- /v A Lorillard posits increased $91 million, of which $55 million wasrin deposits of individuals, partnerships, and corporations 4-15 uoji-eum. „ 7Vc Slatemeni of Condition of the Twelve 1 4- $1* - Loiain. Telephone Co., 5% •Nominal 3-30 1. Dock, common (quart)—25c -5% "convertible preferred (quar.)1^2_____ 621ic preitrred (quar.) $1.25 Lord Baltimore Hotel— ,'!V **2:789062 3-30 4-15 , 1 10-10 - 6^ (quar^)._J.u_i+_2_- Longln'eS-Wittnauer 2.778642 : I.)r -_ 7-10 > 4-10 Longhorn Portland Cement-— - •".233329 < (R i.— 4-10 * 11-1, 50c Ut£ pieferred D/( quar. Sl.OG1* 4.35%^ preferred E (quar;)—si.oe3^ • .193330° ' Corp. • * $1.25 " — 0349000 > v. " 3-13 5-1* (qimr j: Stc«l 3-22 3-15 f. l-- ^-8-1 4 .496950*' .193330° ' 1 :;4- (quar.) com. Brewing (increased Long Inland Lighting Co., 5% pfd. .140080° Unlon of Sodth Africa, pound Kingdom, Locke 2.761448 .140080* .140080° 4- $1.75 35c Telegraph, 4-19 1 35c;" Lone Stiir .261262 2.763304 .140080° „ l'l'" 4- S5c &: - 3-29 5- ;.25c .37^c —_— Londoif^Hosiery Mills Ltd.,' class ' .140080° ,4-15? , (quar.)— Jpint pipe Co., 8% preferred 8%. itffeferred (quar..)!—^ .00277912° 2.764542 ¥' 2.763613 pfd. Lock *.0800560 * 30c . 2.789062 . - .0800560 3-29 * • (quar.)—— tquar.) . Preferred •• .208900 .00277912* .00277912* '.0800560 preferred Local Finance Class A .00435401*- < v .237930° ^ .209020 2.792187 . 5% >..208900 .237837*,r'"' - .00277912* .261250 New "I .00435401* - -''.00285500 .0800560 : -v - 4-15 * 9, —— 1.046250- .209+50 " ■ .209000 2.791250 — peso 1.046968 .209000 1." 4- — .325133 .325266 • ; 1.04C406 V •: Corp. Quarterly Quarterly i Quarterly LincolA Telephone .0385356* .0198812 ;; % 3-15 5- - Lincolff'National Life Insurance (Fort Wayne) 2.222360 •. 1,, 12^0 ———___ Liberty Loan 2.223605 3-15 % 4- $1.12M* .0249688* 2.223854 1". (quar.) .0555555* .0198750 -.325200 ' common ; 3-15 4- , — (quar.) .0248066* .0335356* .209033 pound Yen__ Japan, 2.224850 1.046500 . (initial) .0555555* .0198750 Malayan dollar Quarterly Rec.f 3-15 1 *4-1. 96J>ic (quar.) common 0555555* . .0385356° _____— Canada, dollar i Ceylon, rupeeFinland, markka— France (Metropolitan), franc Germany, Deutsche mark ; India, rupee ; Mexico, •" •• pfd. new .0230466* .0555555* .0247066* Australia, pound. Austria, schilling Belgium, franc $ * ...0555555° Free S - s 4- , of 62%*c — Vz % preferred • ;$1 Liberty*Life Insuiance Co. (Greenville, S. C.) ' Holder$ Payable 35c Corp., Lerner4Stores Friday March 22 * J When- ;$i (quar.)___ S2.501-preferred Country and Monetary Unit 1 — —: — Co., ;■ ftr Share , Ltd., class A—*— B— Leath & *- . ^\ \ 8-31 8-16 $1,121-2 11-30 11-15 olume 185 Number 5625 The Commercial and Financial Chronicle ... (1559) -- „ Name tcn.ggn Gas 4.4oye a%% preferred & Electric Co.— prefer r-iu ciland Steel Products, preferred (quar.) 8 %; preferred (quar.ru-West lowest Co.' Rubber 4% % 5%>' Power com. ssissippi lissoun Class A • Power & 4.30% (J. S.) Cp. 4.90% Ltd. preferred ohawk 4.50% (quar.i "ontana Class A Montreal Co. oore 40c Class 7%,- class oore B. Drop 4%% 4- 97%c $1.07% pfd. (quar.) lac Y 4-1 3-15 $25c —JS1.75 "tqUar.f_J_'r_ otorola, Inc. punt Royal Dairips, "ount Vernon Mills 1 . System, Edison " W Industries, Inc. "ational Co., Cash ' ' 8 . " 3-18 3-18 ...Olin 3-11 s" l-~ 3- ' .« Olln' Chemical, convertible preferred 8 on 4% 1 3- 8 4- 1. Fire 3- 8-*: Fuel 3-15 Gas (Hartford) atlonrl 1 3-15 -' • 6% preferred 5%% fV A Ontario A r'-ss Class Mfg.,; (quar.) J Grange •& ational 4*b'/c 5% Lock National Rubber National Income Bohd Above National paid requested. : o. Co. Tank Natienwide Stock Co. Coi-p„ n"*w class quar.) ' Fim & York Dock, York State 3% %. & SU common (1949 preferred pfd. 3%%- <quar.)__ ER. N'orfh s File American North Penn Gas ^ 4- 1 4- 1 5- 4-15 5- 5% D*- 4- 5% 4-15 4-15 $1.25 4-10 3-30 4-25 4-10 $1.50 5-15 5- 4- 8 3-15 5-15 3-15 5-10 3-29 $90c 4% - (quar.) " 4% 4- 1 1 2 (quar.)— 1 %C • Co. »(ouar. )2__—_ Rust-Proof (quar.)_ \ - • Gominon 3-29 4- 3-15 Paterson 3-15 Femco ■ 37 %C 4- 1 1 • 4-15 ^ (stock % 4- 1 <3-15 4- T 4-12"" - $1.30 3- 1 1 4-"T'-fe-' 3- 5 l ™"* 4-1 4- ? 1 •/-■ — 2%% 5- 6 * \ 4-1 • 3-28 4-10 4.60% v ' 4- Common Penton 1 1 *3-18 Peoples Gas 1 Peoples 4- 1* 4- 1 - 7 3- 7 ary lJuf 2-21 9- 3 Pet ' 1 4- $1.12% ;J 4- 4- 4% "* 23%c profits preferred Inc., common preferred preferred 3-15 1 3- 1 3- 1 3- 4- 1 3- 1 3- 93%c " • 5=- 1 93%c 4- T f50c 4- 1 30c - 4- 1 4-15 * 3-15 3-12 1 3- 6- 1 6- 1 from sale 5-15 . • _1 4-,l 4- 1 1 $1.12% 1 3-12 62 %C 4- 1 3-15 $2.50 !_ (quar.) (quar.) 4-10 1 75c 4- 4- 93 %c . (quar.); (quar.)__ 2 40c 1 4- 8 ^ " 3-15 3-15 50c " 4-15 4- 25c " 4-1 3-5 1 Pioneer Petroleum Pitney-Bowes, Pittsburgh $2.59 4-15 97 %c 5- 1 5- 1 Inc., Brewitig 4%%■■ 12 %c 62 %c ._r_—2 7 30c 4-10 3-?9 3-14 4- 1 3-20 5- 1 4-15 5- 1 5- 1 30c 4-29 5- 4-18 4-18 - 4-17 . 1 4-15 * tlOc 5- 4-15 87%c 4- 3-10 $27c 4- 3-15 4- 3-15 $28c _____ 7- $5c 6-14 7- $27c 10- . 10- 9-13 1 -1-58 25c (quar.) 6-14 9-13 $28c pfd. conv 4- 12-13 3-15 1 75c ■*; 4-23 3-20 2% ' div.) 4- 8 3-18 4®c 4- 4 3-12 $$1.19 ; 5- 1 4- 12'/2c 4- 1 3-11 59%c 5- 1 4-11 3- 9 1 90c 4- 1 $1.12% 4- 1 3- 17%c 5- 1 4-19 93%c 5- 1 4-10 50c ___________— 4- 1 4- 1 (quar.) j. Potomac & 9 3-14 RR.— 3-20 $1 (quar.i A (accum.) 1 3-20 4- 1 3-18 5-/1 4-16 .<,93%c 8- 1 7-15 10c 4- 1 3-20 <N. 25c 4- 1 3-20 4-15 Y.)— $1.18 & A pfd. (quar.) Corp., 15c 3% $20c 1—___ B___ .-$0.2083 E preferred Helena C.i (see Co. 1 3-25 4- 5 4- 5 $1 6- 1 5-15 $1.02% 6- 1 -5-15 $1.18% 6- 1 5-15 6- 1 5-15 . 35c 4-30 4-10 35c 4-15 3-20 $1.12% 4-15 3-29 4-15 3-29 (quar.) — $1.25 $1.37% — 4-15 $1.50 (quar.i 4-%% 4- 4-22 4-15 (quar.)_ Management 3-15 $1.23% (quar.)^ Oil Co..Ltd., 5%% (Jacob). 2 4-15 (quar.) C 4-11 4- 40c : common 3-30 4-25 25c (quar.)_ (quar.)__—i. A 6 3-15 — : (quar.i 6 3- $1.25 (quar.)_ 3- $1.25 Co. (quar.i Electric, common preferred 3- 6 $1.25 series K 3-1$ 25c (quar.)__ — Billion 3-20 , (quar.) (Canada), Ltd Gao <F. 4- $2 (accum.) Insurance 5% preferred Corp Helena (quar.)™ 3-29 3-29 4- 1 -3-15 5C pfd. 5- 1 4- $1.12% 4- 1 3-11 $$0.3281 1 Rubinstein) preferred (quar.)__ (quar.) 4-.1 3-18 5% 4-24 4- 25c 4-25 3-25 60c 4- 1 2-25 4- 1 2-25 4- 1 2-25 5c Corp.— dividend • 3-27 - 4-15 4-15 4-15 3-15 ,, (s-a) $1 $1 17%c 4-1 * 6- I4 4-15 3-13 "*5- 6 4- 1 7-15 7- 1 1 4- 1 5- Industries 4% . Stores, preferred 4.30% St. (quar.) (accum.) 53 %c 4- 1 3-20 62 %c 5- 1 4-10 Inc.. common 5% (quar.)—___ (quar.) (ouar.) pref-irted —___^—$1.07% com. A preferred A St. Louis National St. Louis San $5 $5 $5 35c (quar.) (quar.)— Lawrence Corp., Ltd., common 5% $1, — preferred Joseph Light & Power, 3 (quar.)__ (quar.) Stockyards Co. Ry. <quar.)__ (quar.) ;— preferred (qUar.) preferred (quar.) St. Louis Louis St. Paul '$1.25 $25c $$1.25 75c 3- 0 3-28 1 3-15 4-25 3^29 4-25 3-29 4- 4- 3-15 1 Francisco preferred St. pfd.-B 3-21 $15c F (quar.) : preferred II (quar.)— preferred I (quar.)___—.— Safeway 1 Co.—preferred 4-11 (quar.) preferred Safety St. 75c (quar.) (quar.) Co..4prior preferred convertible 3-11 50c pfd. (quar.) cl. A (quar.) Ryan Consolidated Petroleum 3-15 1 $1 (Hartford) 1 1 Co.— (auay.) Pboenijr Insurance *4-15 4- 4- Co.— preferred D Stock 3-10 85c $1 class Co., McBeo Russell 3-12 4- 4-15 5% Ltd., Co./'pTtfcvreji Ruppert 3-15 4- 5-10 40c & Royalties 40c 4-1./.; ,50c (qu.aT.j__ preferred Rubinstein 3-22 » 4-15 $$1.50 (quar.). (quar.) American V.) 5%% <6-10 35c Aircraft 6% 3-18 1 7- 5% _ preferred 5% 3-15 4-29 20c dividend 4%% 3-21 $2.50 — 5c (quar.') obligations 8 of ; ^Pillsbury Mills Inc., tammon $4 preferred (quar.iS4 preferred (quar,) (A. Royallte 25c 1 ___.__.i_ (quar.) Cement 4 95% accumu¬ from 4- 25c p 1 ' preferred 4%% 3-J 5 4-15 3- (quar.) (stock common 2nc>. 4.t0% 5-15 -4-1 8 $27c Co.,. Inc. 4% ordin¬ (quar.) " Corp. Gas & Rolir 4- 4- 87V2c (quar.) Rochester 8 20c 9 3-15 $1.25 3% % preferred Rochester a 4- %c 0 3- ______ preferred 8 ' /. •• Steel Ro?bring 8 4- 3- 1 5 . $5c Inc., Stock 8 4- $2 from —21 (s-a)_ 4- 1 4- 1 partic,, Roe < 4- common..-. Roddis Plywood Corp. 5-17 20c (quar.) (quar.)__ 33'r% (quar.i___, (Canada), Iloyal Philippine Long Distance Telephone Co.— Quarterly'— 3-30 - Corp., Phillip Morris, ;J 1 preferred 3.90% 6-10 $1.15 (quar.)— 4- $25c ; partic., class A 4 30c (l%c 9 % Extra Rockv/oocl 1 3- $1.12% 1 3- 1_ ± (111.), 5% ' - „2__ & Eastern Ry. Milk Co., common Phileo 3-8 4-10- 50c 8 13-15 ■■ $1.50 8 3- 4-1 8IV4C (quar.) 3- 4- 1 •60C ; 1 (quar.) 5% (Mc.)-— Philadelphia Suburban Transportation 5% preferred (quar.K •♦•Philadelphia & Trenton RR. (quar.i 8-16 1 and undistributed '4%% - *4- Corp. Peorta 3-11 1 1 4- 45c (quar.t____ Coke & income lated securities) 4- 93%c net 3-11 4. * Light (quar.3 A Gas & Electric Corp.— 4.75% preferred B (quar.) Rochester Telephone, Corp., com. 4-12 5- $1.10 — Co. (Increased Securities 3-11 . 4-1 =$1.12% (quar<)«._-^i 3. _1 Fibre non-voting 4- ' 5-15 84 4-15 4- ■- 4-25 15c —_2__ 3-22 $35c Rochester ' 4-25 5-15 income)— (quar.)__ Publishing 4- 1 (quar.) Chemical Common voting 3-15 5-15 $35c (quar.)__ preferred Penobscot 3-2C 4-15^ net 3-22 5-24 Quarterly * 75c (quar.) .' preferred 3.35%. preferred 13-8 4-1 - 4.40% 3-15 4-1 4- f 3- $$1.50 Sand 3-15 4-20 35c (quar.)_ Rochester f Glass 1 4-20 (P. L.) Mfg., common $1 dividend partic. preference (quar.) >4-25 33c (quar.) (quar.) 3-15 1 1 5-15 4- 45c ... Robertson 3-21 32 %c (quar,)_ Pennsylvania Power L Light, com, (quar.) 4%%■ preferred (quar.) 3-28 ^4- (quar.) iBalancc of undistributed •, • 25c ——2 Co. Corp.— Pennsylvania • 3-18 ' preferred Pennroad 3-25 1" __4 4- 45c common -(quar.) (quar.)_— 1 3-15 5c $1,25 1 3- 4- 1 $38c $1.25 3-20 1 6- 4- $35c (quar.)______ A Riverside 5 4-10 20% dividend) $1 Telephone, $6 preferred •'Penney (J. C.) 3-20 4-15 4- 4-15 - _1 Refracnories (quar.;__ ___— (stock preferred (quar.) % Penman's Ltd., commofi (quar.)___________ 3-1 < (ouar.) Aviation 1 Paper __ $1.32 3-5 ' (quar.) $1 preferred 4- < 4- , Peninsular 3.20 " $2 series) dividend Parchment Corp. 3-15 50c - - ,, 1 $10c Dividend 12-16 4- 3-15 4- " Co., ijlass A Mfg. A Ritter 9-16 4-20 3-21 1 $2 (quar.)__ Chains Common 6-13 1 1-2-58 45c 1 4- '. $1.50 Bros., (quar. i Richmond, Fredricksburg 3-15 1 10- - 2%c & ' 7- 2%c —____ 3-21 4- common class 3%%-preferred 3-22 2%c (quar.)— 4-1 *.r Rich's, : preferred (quar.) conv preferred (quar.)_—_ 3-15 30c (quar.) (Canada), Ltd. 4.50% » 3-13 4- • 3-15 1 $1.75 Richman $1 (quar.) 1 25c 3.60% 8 37 %c — preferred 3-29 12-%C — dividend 4-15 4- '4- $1.75 i Revlon, Inc. (increased quar.)__ Reynolds Aluminum Co. of Canada, Ltd.— 43/4%. preferred (quar.)__;— u Reynolds Metals Co., common (quar.) 4%%?' preferred (quar,)™. Reynolds (R. J.) Tobacco Co.— 3-30 4-10 $1.50 3-15 (quar.) (Mass.), A.) Republic 3-30 4-10 $1.25 "■ 3-20 1 /<* $1.06 $1.16V« (quar.)__ Co. Reserve Oil 3-30 $1.13 ____ (stcck - . 1 4- (s-a)_____ Clfss A (quar.) Republic Pictures Corp., $1 3-20 * -4- $1' Extra' 3-20 4-10 Insurance Co. Stores Class 3-20 40c (C. Class 3-20 4-15 , 35c Oklahoma— Extra 3-20 $1.12% $1.18% 4-28 (quar.)____: dividend Reliance ■ iquar.) 4-26 5-15 (s-a)— Corp. Renold 3-19 4-15 4-26 5-15 Carolina— Extra 3-19 4-15 5-15 3-15 5%. Life A Reitman's 3-15 •4-1 3-18 Class B 3-20 1* 1 $2.50 Hampshire— 4-15 4-' 1 $1.09 (quar. )„„____ common Parkersburg-Aetna Corp.— , 4- 3-14 4- - Corp.— preferred Reed 3-15 84c (quar.)_____ North of Bearings, Reliable 4-15 ■***'3-25 20c (initial)_—____4._4.____— preferred preferred Par'tc-Divis 5 ' • 1 Gas— (quar.) American 4-24"'* 4-1 56'Ac Co.—-- Newport Electric, 3%%. preferred (quar.)27_ Niagara Wire Weaving, Ltd. (quar.)_ North 4- 4-15 1 $1.12% RR. New of Co. Pump 5% 3-25 • 1 Candy Co. Mining Co. Reda 5 5-15 4-15 1 Corp. Reece $1:18%. Manufacturing, 6% 4-15 ^ $109 Louis (J. J.) Co., common preferred (quar. ) Nicholson 3-28 4-15 $1.10 Park Chemical Co.—> 4 '4-2^*'4- 5 '■'• $1.18^4 (quar.) Telephone (Ohio) Newberry - $1 ' (quar.*)_ Trust nrefereed 4-15 (quar.)____ conv. $l.01'4 com. (quar.) Newark conv. 30c.. . (quar.)__l preferred $4.50 York 4-10 70c (quar.)—__——___— Electronics (quar.. preferred conv. 50c 4%%* New (qtrar.)__ 1 Service, Electric & preferred 4% Pantex 5% 50c (quar. New :i 5% 15c -■ ; ___,— New Y.i,** 60c " Light, 4% (fluar. Chicago 4-30 60c American Sulphur (stock dividend)—__ Panhandle Eastern Pipe Line— 5% 7^ common preferred York. 1 $1.25 Pan 5 $1.15 • (quar.) (quar.)__l_-_i'__; Quarterly 4- $1.25 (quar.)——_——— Economic 5 $1.12V2 * ("lmr.i Co. prdSerred 4.36% New Palestine 3-18 ^ (ouar.).____^ Public 5 5 2">c (s-a ) preferred Orleans 4- 4- $1.50 IflsDrft-'C Carton Watnr 4%% ^ , 4- Asso.— (quar.)___ 4.60% - pfd. - (qUar.) _^ Natural Gas, •4.05% 5 4- 25c preferred New New 4- 4-24 ' tl5c (quar.i__ New Jersey Power & -v 4% Co., Ltd. (quar.) System .(quar.- Power, preferred 4-15 ——_ 4-24 25c convertible Jersey 8 — Mfg.; (quar.) Page-Hersey Tubes, Ltd. (increased )-— 4-24^ 4% New* Haven 6% 3- 50c (quar.)__ Pacolet 7%c • > (quar.) Board 1 preferred Packard-Bell 3-18 5 7%c ; Electric Hamnsbire 6% 3-18 4-24 "" "4- * 30c New-England Gas & Electric New Haven 4- . 5 1 4- 4- Rapid Grip &• Batten, Ltd., 6% pid. (quar.) ' Raybestos-Manhattan,. Inc. (quar.)____^ 4 Reading Company, 4%* 2nd preferred (quar.) ■ 4- 29}ic pfd. preferred preferred 5 60c . A__^ England New preferred 4- -50c (initial J preferred 3-29 " dividend England ,3-15 5 4-25 50c (quar.) %t preferred 6.16'/k 3 4-24 40c ^ Corp. *quar.i„ Brunswick Telephone 6% 5% 4.52 ' t37%c com. New 4%59 6 Parker (quar.) Mew New 1 4- 50c (quar.—________ Light, (quar.) 1 3- ; Ltd B___ Common Eower &; 5 4--1'•"•£ 12c r Stock dividend Nehi convertible Pacific 6 . 1 (quar.i__ Corp. Fiiprlv co.. National preferred preferred 18c Sugar Refining (quar. >_____ National 9- 4-Io .n $4.75 In " 4- 6- 3-22 1 4- 14c $62%c ' Anne M 3-13 - 4- ; 1 dividend Stock- $1 "80c 1 of Co. preferred & - 17 %c i' 3-19 5- $2 V of America, common (quar.)1 preferred (quaj.) Randall Graphite Bearings, Inc..; Rapid Electrotype, stock dividend™ ' Cai Steel. Car is ;7 (quar.2 $4.75 > •' -,35c (distributions cash 3-15 1 4-18 25c $3.50 1st - 30c . Series gains National-Standard Class- - 4- • (quar.)„____ $4.36 preferred preferred $4.50 6-*7 '•■!* • 5c unless • 3-1 1 Lighting, $4.40 23c Series Stocks Shares **** Indemnity Pacific 3-15 4-15 26c - Series capital «h»res atiotuU • Series Growth " 4- 42c -■ " Stock Balanced National V ___r 4-15 ' 1 25c Co. class Radio 5-15 Express (quar.)_ Stock dividemi (Subject, to Interstate C0111^merce Commission approval)___ " 3-r1* 3-18 " Series Preferred 1 ' 25c '* 1^^3-15 7-.'i-2"" Series— Series R 1 $$1.75 Pacific Intermountain 4- 62%c * 3-15 5- 4-15 preferred (quar.)__* Pacific Gas <fe Electric Co. (quar. 3-15^ 4-.l"-»^ $1.25 7 t 1 1 — preferred 3-29 5- *- 3nc Corp.— 4- 6- $1 4- * $75c (quar.) (quar.i preferred Quincy 5-15 4%% . 5 1-2-58' 7412- 20c . 5% 3-15v- 1 4-1 * J5c (quar..i___ .Pact ic Finance, 4%;!- *»"$ $1.12'/2 Research 3-29 20c.; Co. Power Queen $25c Inc.____— (s-a) 4-15 10- $1.50 Series Dividend 4 <fe Securities Stock 4-15 $25c (quar.)— ■ (quar.) Fisheries, Terminals Lines, f5c _____ 1 American Pacific J5c Machinery" (quar.); Securities National 3-29 1 1 1quar.) 5% 5-31 20c 3-20 4- 8'%-preferred (quar.)__, Worcester 5% -4-2 4-15 10c Pacific Greyhound 4- . 8 6-14 —_____ 3-20 4-15 (quar.)__„ Quebec Telephone Co., .. 4-30 (quar.) 4-15 75c (quar.) (quar.) Service Quebec 3-27 $133,-tc (quar.)_:— 3-^0 75c (quar.)_. Stock $5c (quar.)_— 4-15 ■ Mf2-: (ouar.) B Ltd. Quaker Oats Co., common 6% preferred <quar.) $1 Brewing 4- t«c Screw National 5-17 $1.12 Va ElbctTric--^" 3-22 4- (quar.)___________l__7;_______ 1 ——^___ 3- - (quur.)_^_: 6- i$3 5- 50c (quar.) SI.06 Va 1 3-11 J37'/2c (quar.) preferreU 3-19 3- & Quaker City $15c Co. 4-15 fl5c (qtia,r.)_r_______ preferred "ational 1 Ltd., common 4-15** 40c 1,. 4- 4- ' 50c (quar.) B 4- . Pacific Coast • Co., 6% preferred Linen Service, common 75c 3-15 27%c Lead 3-29 <s-a)___ __—______ Rotkland 3-18 (quar.)_ (-quar.)_c B 4-20 (s-a), Opelika 1 (quar).___, A Class Debenture Quebec Ry. 1; A ational & Loan & Ontario Steel Products Co., 7% preferred (quar.) 3- 1 -♦ 3-29 1 ■ preferred 3-29 ' 4-15 2 3-18 4-15 56c orig. preferred (quar.) 7% 1st preferred (quar.) Pyle National Co., common (quar. 8% preferred (quar.) 20c (quar.)______: convertible 4- $fc Class A Gas Publication 4-10 4- 3-20 4 25c 7% 4- 15c 3-25 1 4- 30c preferred (quar.)_ 4.24% preferred (quar.)__ 4.65% preferred. (quar.)________c ' 4-30 2 1 4- $3c preferred 1 4-10 4- 4- 20c 4% 45c 50c Co. Public Service 1 40c (quar.) 7;t *'"7 . 3-22 1" Hosiery Mills, Ltd.— class 20c 3-20 66c t;. ^"50%. prequar.)_/—_•— Ontario Jockey Club Ltd., common * 4- % (quar.25c Grocers, Ltd., common' (quar;)_L^ $1/50 preferred (qu»v.)________— ational Gypsum '(quar.) 3- pfd. A (quar.)___ Corp., common (quar.)_^___—* Pabst (quar.)______ ational 3-15 1 4% preferred (quar. )___^_^_'— Orangeburg Mfg.-Co. (quar.) ■■■*<••?• > 'aOwens-Corning Fiberglas..(qu<»i —i 4-15 ' 3-20"' ,B- Owens-Illinois Glass, 4% preferred (quar.) '.-"i-il'%5*3-15 .Oxford Paper Co., common (quur.r________ (quar.)30c Insurance ational 1 1 4- cov. Oliver 1-t Gas & & preferred 5.60% 4- 4- (quar.)^ $1 -10c (quar. >__ (quar,)_ 3-11 3UC — 3-14 3-25 Ltd preferred Mathieson 4'/4% -3--8 6--11i4-12 16c ational 1 $1.06 preferred (quar.t_2 4.24% preferred (quar.i Old Colony Insurance (Boston) 1 1 (quar,). 4.50% $25c 4% 4- 4- Ltd.—■ 3.35% 3-15 8 Electric, Common 3-30 5c Co. % $20c (quar.) common' 4- 3-15 (quar.) Inc. (quar.) Gardner, Inc. Public 12 %c Co. Public Service 6 1 5%.,:-"4-22-y Mfg. 3-22 4- l„%* 20c common & 3- 1 $1.11 3-20 2____ Register Chemical 1 4- (quar.)— 4-15 Securities Biscuit ational 4- 25c •. preferred 4-15 Corp. (quar.)^— Stock-dividend : "ational $12c (accum.) Co—2———i— Oklahoma Gas & Electric, com. (quar.) 6c atco ation-Wide 3-15 Oilgcar Pacific <fc 1 Telephone,.6% pfd. (quar.) Co., 37'/ac (quar.) 4- .. 4.44% *'. 4- 50c Inc., common.^_-_.________ preferred $2 Ltd.__ pfd. 5% 1 (quar.) Electric Lambert, Bros. 5% 3-15 l 4-12 til-ray -Ohio Mfg. Co.'(quar.) Corp., & Providence 3-15 '4- l '.?* 3-15 -0 7"$1.65 ' 3-21 3- 4- & " Telegraph— Quarterly utual Light & Power Co., 4- (quar.) of Canada Providence 1 4- Co.— 1 t." :<:■i"'/•' $3.50" " " 6-20 6- 3 Telephone Cement— 25C 50c (quar.)__. preferred Tools Procter & Gamble. 1 4-1 ^ % States RR. partic. Progress Manufacturing 4- 4- 4- $1.75 preferred "ountain 4-23 4- 3- 4- %- 4- 4-30 3-29 - ¥-.4- 8 J15c 4-23 (quar.)_____^._______ Rubber Ontario (quar.) 4-30 $1.10 4- : Portland Worcester 3-19 12 %c Machine Read Prince 97 %c 3-8 37%c Ltd. States 3-15 +25c s 4-1 (quar.)__.— •' L— (s-a) 5 1 10c General & Price $38c (quar.)__ 3-15 (see Pnilip Morris 1 Cafeterias Consolidated, Inc.— (quar.)— (quar.)g^, (initial) Chocolate Electric President Ltd.— Mlg.— • ;: preferred (quar.)________—2___—____ Ohio 5"3- 8 }22%c 3-29 preferred 4-15 " >>: 4-15 preferred l,Y 20c $1.04 A 8 4- 4- 1st preferred (quar.) preferred (quar.) 6% Pratt 4.40% 1 59%c • 3-29 Co. 3- 75c (quar.) 3- 8 Sulphite <te Paper Co.— Corp. -Pratt, 3.90% 4-29'" $$1.75 4-15 Ohio Consolidated 5 4-1 4- $1,023% . 5-25 . 4- t45c ■ 3-29 , 2 4-15 4%% 3-29 4-15 Ogilvie ' 4- Y Power 4- 5-31 4-19 $1.75 3-29 3-29 4-15 Office Specialty Mfg. Co,,- Ltd.:— Flour Mills Ltd. (quar.) - 3-20 45c :__Y_ «3-15 -~ 3-20 50c 4-15 2 4- $1.50 (quar.) non-cum. Portland 4-20 — & Scotia 5% 2 Y. !____ 3-15 1 Ltd.___™—• Forging,, confmon preferred 6% l 45c; 4% 4- $1.75 I__ (quar.) (quar.) Huron «Holder* Payable of Rec, Co.$1.75 Water & Porter-Cable 90c —— Union Portable 22 %c tquar.)____ Oberman 4- 4- 4- 3-29 $1.02 Industries, Ltd. O'Sullivcn >: 3-i5 1 4- $1.17V2 5 4-26 4-25 (quar.) preferred Nova 3-15" V4- (quar.)!_L__YL™__Y™' (quar.) 3-15 1 Y 25c" ' 8%. ,, 40c •■ 6 45c Chicago Ry. (quar.) Lake Erie RR. Nut Common 5- 3-15" ■_-* a'4- Y. Port 3-15 & preferred Plough, Inc. 3-20 * $40c —_____ Quarterly 3-15 1 4- 62 %c ' _™^ 1 1 5-15 $1.02 Va preferred Norwich • 4-1 $1.25 (quar;>__ 44- $25c (Philip) orrison 7% 4- %% Nortnwestern $2oc • coimnon 1 5-15 (quar.) Telephone Northwest 9-13 4-1 tZVAe 5 ' «■••• 5-15 " 6-14 - ' 4- ' 7% Planters 40c 3-25 " V. 1 10-1 - Northern 3-15 ' preferred (quar.)__ij__ organ Engineering, $2.50 prior pfd. (quar.) "organ (Henry) & Co., Ltd., com.; (incr.) 7% 7- 75c v_ Plainfield $1.37 Va ____—:—___ (quar.) preferred M$4.16 preferred . 3-15 4-10 (quar.) preferred $4.11 3_15 , ",4-1 * 5 " 3-15 1 $1.12% common " x a..;, 15c convertible orris 1 4. 28c _/ r22 25c preferred ,(quar.)____. preferred 4- (accum,)___ii__X^ (quar,) $4.08 $1.10 ; Ltd., $3.60 3-15 $2 (quar.') Pitisburgn & (Minn.)— Common 4- (quar»)—5 A__ Co. 3-20 4-1* 25c A 3-^2, (quar.)—__—— 3-20 ~ 5-1 —$1.22% common pfd. (quar.) 1 States Share Wayne (quar.) 1 1 (quar. 4- . /quar. Corp., 1% Pacific Ry. Cominon 4-12' 5- (quar.)____ Co. Gas 1 (quar.2oc Locomotive Works, "ontrose Chemical Northern * 5 Co.,_5%% Telephone 4- $1.18% Ward & Co., Ohio Oklahoma Company Ft. 4-26 Power Ltd., common .'■/% *™__„.:™_ Co., 5% Northern Northern Power AMirreg.) class Utilities, Power ontgomery 3- $1.15 preferred (quar.) preferred (quar.) 4.70% s Noi-nicin x^atuial Gas \ 4 5- 100% $4.10 "onarch ont«na<Dakota 3_lt} 3-11 3-15 15c — Northern Petroleum Mills ..(quar.) Railroad, class A " dividend Name of Pittsburgh, 3- (Seattle)—- Northern Quebec Corp._^_^__^% _»_J_-l_ cuybdenum COrp. of America \quar."Y onon 1 4-1 (quar.$1.12% fonroc Auto Equipment l* 1 Stock Insurance 4-5 * (quar.)___ (quar. Containers, nod., "odcrn 3-n Life When Per 0] Rec. 2 22c (quar.) 56'Ac (quar.)_ common 4.50%-*preferred 4.75% preferred 1 Northern t 4- $1.25 - common 3-5 _™;_L___.™™..' Light' Co.— & 3-11 - Works $62 %c preferred (quar.) loc (quar.»_^, preferred (qimr.U-^^u™-*™1 itchell Illinois Gas Co., 4. 75c preferred obile Gas Service, Engineering 5% (quar.) 4-1 —— issouri 83.90 class series) 4-15 __ .™_1__ < preferred (quar.)__ Railroad, (irreg.) (irreg.) A (1956 Northern $1.25 Pacific Class preferred Holdeu Payable [ %c Shipping Co.' (quar.)__:___ Valley oas (quar.>-_™i™™_; ssisslppi Ltd.— 15c (quar.)__— ; Oil, Share . Northern 3-12/ 4- - C5c (quar.i__ * 4- $2 56 A (quar.J preferred 4- icC ississlppi Power, 4.40% $4.6Cr "4-1 15c class Star 4-16 1 When' rer Name of Company North 4-16' 1 4- 50C Paper Light Co.— & preferred' 5- 7oc _ (quar.)J Ontario innesota 1 " iller-Wolil Co., common (quar.) 4%% preferred <quar.K____; innesota 5- (quar.)_ __^_;_™ Reclaiming, preferred * "■ oj Rec. * "3-20 1 4uc ' wuai'.i,. Manufacturing, 4- $1.10 " (quqr.i Aurasive Holder* - Payable $1.22% ; ; ; common $2 "idsouth Gus When - 27VzC'" $2.50 <yu^r./———— (quar.) Utilities (quar.i. Soutn iller (accum.) preferred icldle > Share x>aK.eries, 4.00% Per , of Company ichigarr 51 Steel 11c Casting .(quar.) Southwestern Fire & Marine Ry. (annual)—____ Insurance $1.25 $1.25 $1.25 (quar.)__ $5 30c 6-17 6- 3 9- 9-17 12-15 3 12- 2 3-15 4- 3 4- 1 3-25 4-10 4-10 - Number 5625 Volume 185 - — (1557) The Commercial and Financial Chronicle ... f bird Federal Reserve THE COURSE Or BANK CLEARINGS Bank clearings this week will show liminary figures compiled by increase compared with a year ago. Week Ended March 23 $22,528,084,093 against $21,066,711,300 for the week in same Friday of 3.5%+ + 1,574,557 +35.0 1956. this At Our comparative 9.1 4,509,390 1,426,000,000 4.0 5.4 17,899,373 14,790,173 56,105,905 —50.4 12,360,153 +19.7 1,248.000,000 3,154,622 5,852,269 4,303,628 * 6,817,546 14.952.952 11,853,078 1,492,164,772 1,449,851,120 2.9 1,304,354,378 1,271,000,000 + 3,973,210 3,768.097 + 7,940,746 6.823,707 +16.4 •3,400.000 3,281,749 + 3.6 + 12.4 WUkes-Barre center York__„ for summary the week follows: Jersey—Trenton Total 6,635.376 7,456,724 Delaware—Wilmington New (11 cities)-. 1,442,523 1,715,122 + Scranton Philadelphia— 1,635,003 1,673,170 2.4 2,005.948 Reading Our preliminary totals stand S $ 1,522,601 4,314,005 2,054,152 - , 1954*1 1955 % 8.2 4.705,605 Chester Lancaster cities of the United States for which it is possible to obtain weekly clearings will be — 2,125,085 Bethlehem Saturday, March 30, clearings for all 1,981,623 1,819,704 or Dec. $ $ Pre¬ Inc. 1956 1957 telegraphic advices from the chief cities upon 6.9% above those of the corresponding week last year. there is a gain for the week ending District—Philadelphia— Pennsylvania—Altoona based us an of the country, indicate that for the week ended at 49 (L _ f 1,871£19 4.420.365 j. 1/159,000,000 3,135,197 6,013,074 I 2,707,098 » 8,419,407 -11,937,171 9,060,GOO ; 1,209,642,437 CLEARINGS-RETURNS BY TELEGRAPH Week Ended March 30— 1957 York New 1956 Fourth Federal Reserve District—Cleveland— ye $11,698.597,606 $11,396,560,389 3.5 + Ohio—Canton Chicago 1,120,079,096 874,117,107 + 28.1 Philadelphia j,272,000,000 998,000,000 + 670,155,548 702,204,294 379.887,982 346,185,387 Boston Kansas fit. City Louis + 7,974,020 8,451.083 4.9 530,572,765 255,670,259 245,958,565 + 16.7 292,781.772 307,023.940 619,431,651 2.4 + 11,414,002 11,687,374 __ Cincinnati Cleveland 27.5 467,932,082 422,419,476 44.316,400 Columbus 347,400,000 + 602,479.185 + 530.596,599 485,798,344 + 571,435,656 543,016,893 + 289,869,751 + 11,014,750 + 10.7 9,774,067 477,036,292 447,585,628 '+■ 6.6 382.845,979 8,330,084 363,965,206 1,438,300,651 1,352,017,640 +10.8 1,178,944,220 1,102,176,179 23.7 1 ! Francisco San Baltimore „ 1.0 Total cities) (7 Fifth Federal Reserve District—Richmondwest Ten cities, five days Other cities, five $17,570,061,141 days $16,495,631,350 Virginia—Huntington Virginia—Norfolk + '6.5 All 4,081,687,460 3,809,233,290 + 7.2 $21,651,748,601 $20,304,864,640 + 6.6 876,335,492 all cities, five days 761,846,660 cities, one day of 3,525.492 4.1 — 4-16.1 21,961,088 210.442,101 s -19,306.000 2,953,411 . 16,940,000 - 176,939,134 7,342,606 7,729,563 — 5.0 195,980,355 5,915,678 419,501,017 384.436,236 + 9.1 365,728,660 278,970,411 141,295,147 132,514,158 + 6.6 120,681,488 ■99,909,233 823,092,470 Carolina—Charleston 761,001,091 + 8.2 711,137,673 580,717,602 ;+ i Maryland—Baltimore District 3.917,945 3,756,640 25,497,758 225,699,302 Richmond 6outh Total Columbia—Washington— + 7.2 W cities) (6 i Total all cities for week $22,528,084,093 __ $21,066,711,300 ends issue of next We week. furnish cannot Saturday, and the Saturday figures them today, inasmuch Sixth Federal Reserve District- -Atlantaappear the as 137,895,056 32,491, 567 123,961 965 454,300,000 421,100 000 35,534,415 Tennessee—Knoxville week Nashville Georgia—Atlanta not available at time of going to press. are has to be estimated. cases In the detailed statement, elaborate March 23. For that week there was an the whole country having amounted same however, which we week in 1956. at this center We increase of 16.6%. an Districts in which they the New York Reserve District (including this city) Total this the totals show District of 2.9%. In the Cleveland Reserve District the totals in the Reserve District and in by 8.2%. The Chicago Reserve District enjoys District of 5.6% a and the Minneapolis Reserve Reserve District the increase is an improvement 1,452,033,159 are larger by Week Ended March 23— Eoston_L- 1st Des Bud New York Ird In the Kansas City Rapids Richmond - M •€ .: Cfcb Atlanta , •0 17 eth 8th Chicago 8t. Louis 11th Total V New We York add our + 16.8 10,300,535,821 10,402,012,801 1,449,851,120 + 2.9 1,304,354,378 1,209,642,437 1,352,017,640 + 10.8 1,178,944,220 1,102,176,179 823,092,470 761,001,091 711,137,673 580,717,602 8.2 + . 1,267,153,241 + 14.6 1,121,489,215 04 + 9.1 1,230,564,252 1,136,101,403 686,400,104 + 5.6 626,998,245, 607,914),405 + 7.2 482^813,477 491,077,445 683,904,724 + 2.0 591,468,341 + 6.0 1,342,714,996 + 7.6' 611,169,435 591,287,023 463,237,415 507,496,247 1,090,706,852 • 978,679,636 23,141,857,629 + 13.1 19,941,105,170 19,276,955,533 12,398,575,426 11,321,400,021 + 9.5 10,006,235,124 9,201,880,973 statement showing the figures for each city for the 1957 Clearings at— 1956 Inc. $ S Dec. -• or vp 1955 1954 S $ First Federal Reserve District—Boston— Portland i" ; ■ River___^ Lowell 4.760.232 + 25.5 685.010.074 - Worcester Hampshire—Manchester 3.422,373 2,952,369 1,246.023 Total (12 cities). 2,837,128 + 1,016,142 + 2,422,538 + 36.3 3,326,046 2,676.512 13,627,243 0.1 11,689,575 9,892.899 + 64,603,000 6,956,720 9,481,183- 16.3 3,063,473 2,595,658 + 14.8 117,680,725 118,818,663 ,573,010 6, + 0.6 5,455,133 4,462,813 1.4 39.315,562 0.3 15,041.099 ;36,493,403 13.184,058 45, 260.437 13, 332,669 I, 403,840 + 8.7 1,299,356 1,406,584 1,078 430,858 + 8.7 909,302.911 833,391,141 7, ,109,178 6 278,595 + 13.2 4,658,950 L • if. — — i + 4,070,711 + 7.7 12,170.408 + 1.6 8,037,414 7,250,443 5, 378,221 . 479,539 9, 633.572 ,596,851 15, 9, ,786,080 ,232,025 6,: 1,577,711,405 ' + 15.9 4,883,233 4,257,743 9.1 1,230,564,252 1,136,101,403 14 1,446,566,803 + 11,454,4)9- ' Eighth Federal Reserve District—St. Louis— Missouri—St. 385,400.000 (4 9.1 341,300,000 199.518.416 2.6 172,790,703 324,100,000 171,988,166 131,052,590 8.9 110,740,890 114,386,998 686,400,104 ; — — - Illinois—Quincy Total 353,400,000 194,244.396 142,687,034 2,479,246 724,810,676 Louis Kentucky—Louisville Tennessee—Memphis- cities) Ninth Federal Reserve 2.1 2,429,058 + 5.6 2,166,652 2,001,625 626,998,245 612,416,789 District—M|pneapolis— North Eouth 16.3 6,323,959 5,837,488 411.779,584 '+ 3.9 + 1.7 324,308,227 124,643,627 323,721,273 157,881.604 + 15.8 + 14.5 7,793,233 4,306,791 6.547,400 4,313,330 5,575,013 5,656,958 — ,1.4 4,613,552 4,318,478 14,348,611 12,997,179 + 10.4 10,824,C88 11,404,345 651,734,151 Minneapolis St. Paul—— + 448.616,100 100.510,175 9,206,048 4,933,754 Minnesota—Duluthv____ — — Dakota—Aberdeen Montana—Billings 607,918,405 + 7.2 482,813,477 491,077,445 —— Helena - Total (7 7,340,579 8.538.450 r —,— Dakota--Fargo cities) 7,949,171 135.641,133 3,607,3211 Tenth Federal Reserve District—Kansas City- Omaha--. : — St. 927,393 870,675 921,600 707,942 + 6.8 726,517 555,9811 8,751,737 + 5.1 7,319,154 7,430,10) 167,133,170 + 3.2 146,374,912 170,532,052 8,167,604 8.624JB64 10,806,658 11,976,925 — 9.8 26,924,412 25,190,466 + 6.9 21,953.712 21,290,188 457,348,229 12,614,830 6,375,401 452,229,441 10,622.279 + 1.1 388,634,894 384,262,669 + 18.8 11,681,671 10,417,747 Kansas—Topeka Wichita —18.1 755,259 756,232 9,199,387 172,501,973 , —_™ — — - City Joseph — Colorado—Colorado Springs -—_ * 6,371.164 + 0.1 5,501,166 (a) Total . 4,146,152 3,039,005 31,468,796 + 38.7 31,478.807 34,778.821 + 25.5 15,503,760 12,813.762 Wichita + 47.5 25.702.100 1.8 2,031,594 754,223,677 + 25.9 794,777,767 Forth [v ' 22,285,300 '^s+762,637 591,287,023 611,169,435 10,206,852 9,932,263 + 2.8 8,693,130 8,166,092 512,341,331 39,034.172 + 6.9 437,956.789 401,972,140 + 3.4 33.299,313 29,854,326 + + Galveston 19,755.883 + 2.0 547,664.844 —,— Dallas 8.308.656 2.583,045 + Eleventh Federal Reserve District—Dallas— Texas—Austin— 8,408.052 21,645,800 683,904,724 697,282,381 cities) (9 + 29.2 31,926,400 (a) <a) Pueblo 9,091.068 949,905,889 - 7,109,001 8,413,576 65,619,000 12.7 968,915 640,700.242 2.629,309 -j- _ 0.1 12.8 + ,409.289 1, .180,560 1,172. cities) ' . 24,789.800 Rhode Island—Providence + + 9, 222,292 + , (17 . 43.658.226 Haven 11, 238.157 76, 421.000 6, 537,180 — 11,744.458 Connecticut—Hartford 6,195,88:* 610.328,966 29.1 35.5 804.216.751 — 3.302,297 fipringfield •ew 4,932.601 6,647.857 13.642,211 New Bedford New 1.814.093 2.020,762 1.3 6.558,440 ■■ 1.2 — 1,376,604 Massachusetts—Boston Fall 2,427,335 3,662.521 in 1,764,956 12,086,194 7,598.282 3, 210,665 •_ Missouri—Kansas 2.398,872 ■ , 2,414.824 16,129,123 + 11.9 - Lincoln-. Week Ended March 23 an m + 44.7 + 7.8 H, 647.548 ,289,501 13, Hastings —r T—ii 976.321,169 44, ,604,631 Nebraska—Fremont week ended March 23 for four years: Maine—Bangor 1,121,489,215* 2, 226,234 r . 612,476,789 26,184,738,727 detailed +14.6 976,321,169 1,446,566,803 627,217,754 City now 713,343,222 1,445,267,451 #0 109 Outside $ $ 794,777,767 697,282,381 «4 6 10 Francisco v 724,810,676 M „ 8 Dallas- 13th San 1954 1,577,711,405 00 7 10th Kansas City % . 1,452.033,159 l< 4 Minneapolis •! 651,734,151 10 7th , 00 7 1,267,153,241 136, 545,816 : Chicago + 25.9 12,198,637,487 9,052,790 451,835 182,673,333 3, 733.913 City Total Dec. 186,874, 644 156,,702,080 Springfield 1955 Inc. or • + 14.5 18 320.180 . Illinois—BJoomington 1,498,300,651 »« 4th Cleveland $ 1,492,164,772 11 Philadelphia V' 754,223,677 14,245.217,968 " 10 Itb 1 ' 212,740 299 ,202,000 86, 10, .397,124 1 Moines Peoria $ 416 581 .252,384 11,: Wayne Haute Sioux by Federal Reserve Districts: 949,905,889 12 cities __r, 162,089,946 10,047 250 3,: ,222,275 Wisconsin—Milwaukee gain of 9.1%, the St. Louis Reserve 1956 201,516 277 19.4 .746,237 19. Bend Terre 10.8%, the Atlanta Reserve District by District of 7.2%. 1957 24.1 + 24.3 + District—Chicago— Arbor Indianapolis SUMMARY OF BANK CLEARINGS ■ 519 400 — . 9,1 ,674,267 Rockford ■ + 14,766 ,323 Rapids South San Francisco Reserve District 7.6%. . 196,199, 560 243.650,377 Decatur + 166,300,495 Lansing 2.0%, in the Dallas Reserve District 6.0% and in the In the following we furnish a summary 967 620,130 Seventh Federal Reserve Grand Cow a—Cedar 14.6%?. 194,262 Orleans. Michigan—Ann note that in we 16.8%, in the Boston Reserve District of 25.9% and in the Philadelphia Reserve Richmond 4.036,00(5 21.8 243,516,205 cities) (10 Indiana—Fort of 4,370,32a 5,758 ,895 6,068 ,752 + 18,351,740 Louisiana—New the cities according to the group 106,244,355 316,900,000 9.5%, the bank clearings located and from are 5.8 24,202,091 574 6,469 ,823 Mobile— 13.1%, the aggregate clearings for Outside of this city there was a gain of showing Federal Reserve increase of —20.6 26,003 275 382,500 ,000 108,100 251.030 052 Mississippi—Vicksburg___ to $26,184,738,727 against $23,141,857,629 in the 7-9 6,093,698 __ Alabama—Birmingham present further below, able to give final and complete results of the previous week—the week ended are + 11.2 + 305,819,723 Macon Florida—Jacksonville we 9.4 + 1 7,874 252 6,251,815 Augusta Accordingly, in the above the last day of the week in all i 6.9 + Complete and exact details for the week covered by the foregoing will our 4,985,413 + 15.0 Total in 9,212,429 5.2 358,682,654 43,256,000 —28.5 12.187,981 9.2 Cleveland + 12.0 8,820,392 13,485,975 Pen nsylv an i a—Pi 11 sb u rgh "3.7 360,200,000 608,396,000 Pittsburgh 48,655,100 15,122,319 Youngstown 9.7 + 54,513,100 Mansfield 4.6 — 40.355,484 Worth 7,203.438 7,163,281 15,834.294 627,217,754 591,468,341 196,692.979 Louisiana—Slneveport (6 Total 7,163.000 8,936,000 12,851,136 Falls cities) 24.8 7,032.000 5,811,000 0.6 —18.8 6.760,458 13,754.557 11,115,106 + 6.0 507,496,247 463,237,415 + 29.0 184.705,782 166,714,910 +12.7 6,318,751 713,343,222 Twelfth Federal Reserve District- -San Francisco— Second Federal Reserve District—New York Washington—Seattle 253,751,132 • 5.087,956 York—Albany 23,067,042 Bingham ton (a) Buffalo 160.729.455 21,924.828 *lniira__. 2.506,507 2,529,021 3.790,286 3,018.353 York 13,786.163,301 Rochester Syracuse Total — ■+- 123,715,055 20.308.926 3.942.197^ 112,032,603 0.9 1,926,302 2,036,434 25.G 2,198,924 New (io Jersey cities) Beacn + 16.6 37,095.389 + 29.8 9,934.870.046 29.639,601 10,075,074.555 + 0.1 4,750,305 159,030,765 98.135,674 + 12.4 82.002,588 30.507,367 City_,—_______—_ Lake 26,794,180 17,048,302 + 18,943,477 Pasadena + 13.9 + 12,042,980 3.1 523,600,714 14,559,093^ Stockton 5,792.940 9,610,959 4,657,909 22,660,224 + 8.0 6,518,770 + 15.9 11,237,333 - 755,921,503 7.556.027 Barbara 10,596,363 + 6.0 25,371.357 18,379,040 + 31.6 15.228,611 16,554,441 24.060.477 -+- 7.G *25.500.000 77.011.083 54,392.014 -*-40.3 63,768.847 74,687.343 + 25.5 83.104,197 66.943.666 14,245,217,968 12,198,637,487 + 1G.8 10,300,535,821 (10 cities) Grand 10,402,012,801 Outside (a> total New (109 cities) York Clearings City operations 8,017,025 7.6 1,090,706,852 978,^79,630 26,184.738,727 23,141,857,629 + 13.1 19.941.105,170 19,276.955,533 12.398.575,426 11,321,400,021 + 9.5 10.006,235,124 9,201,880,978 1.445,267,451 1.342,714,996, + 54.111.050 93,738,653 Total *24.000.000 17,955,660 14,978,405 587,313.409 20.070,925 779,447,975 Francisco 22,450.774 4,127,458 152,910,657 74,053,021 11.1 24,471,892 San Santa (25.895,121 ' Utah—Salt California—Long 203,833,851 110,318,220 Oregon—Portland 1,637.572 24.182,020 Jersey—Newark Northern 11,820,457.608 17,405,795 3.178,443 + 13.5 48.134.500 Connecticut—Stamford New 5.2 (a > 141,593.374 Jamestown New + 4,513,150 203,946.072 Yakima New discontinue. (0 (1558) The Commercial and Financial Chronicle Foreign Exchange Rates EXCHANGE RATES CERTIFIED BY MARCH RESERVE FEDERAL 22, 1957 Noon Buying Rate for TARIFF UNDER When— Holderi 1930 OF Leath & Co., Wednesday Tuesday $ $ .05-55555* .0555555* Free .0247066* Australia, pound. Austria, schilling. 7 Belgium, franc British Malaysia, Malayan- dollar Canada, dollar Ceylon, rupee Finland, markkaPrance (Metropolitan), franc— Germany, Deutsche India, rupee : Ireland, pound 1 2.224850 "-.'325200 .0385356* .0385356* .0108812 .0198750 .0198750,- .325200 .325266 .325133 1.046406 1.046968 -.325200 -- 1.046406 ; .209033 fi' '.237941* .209020 1 Yen.. .237937* ' •* .209000 2.791250 .00285500 > .209020 .00277912* .00277912* .00277912* .08O05GO .0800560 .0800560 ,261250 .261300 2.764542 2.763304 2.703613 .140080* .496950*." • Africa, pound : pound sterling .140080* :.0349000 .0349000 London .193330* .193330* .193330* .233333 .233329 .233350 ,, Co., 8% preferred (quar.)_____ Chain _ (quar.) 1 _____ (quar.) Hosiery Mills Ltd-., ..'class A (quari) r Brewing (increased quar.)* + 4.40^'*'preferred G si.10 (quar.)__^._____L_^l__g Longhorn Portland Cement-.'-^-.+.^^.i^-iJ.. ;. ", 25c Longlries-Wiittnfluer Watch Co. 20c" (quar)-—^..-! Lorian;Coal & Dock, common I'quaf.'J-L-wL^" '"r' 25c .193330* .233325 2.781755 2.780510 2.780199 2.790937 2.790625 :V / 2.778642 2.792187 ' Pipe ! * •\ .0349000 2.791250 _ .496950* .0349000 2.780821 Kingdom, common (quar.) 2.761448 • - .496950* s0349000 .233345 ^ • __.__L._i - " Joint Lone Star .193330* ... Corp.,(R. I.); j LockecStt!9i t.; - .261262 .140080* .140080* .496950* . ' 8% preferred .0800560 • - . Lock - .00277912*-, t * 2.762995 .140080* ,496950s' .237891* .261283 ' (quar.) ■ Finance Class. A ,2.789062 .00277912* common (quar.) -■ Preferred .208900 ' .261250 ,' Local .00435461* ' - .209030 2.790625 .0800560 peso- Netherlands, guilder New Zealand, pound Norway, krone Philippine Islands, peso Portugal, escudo. Sweden, krona Switzerland, franc ; ' r :: .00285500 '.237930*" * " 2.790937 2.792187 ' - .208900 .00435401* .00285500 .00285500 - .237912*^ .90435401* '1.00435401* .00435401* .209050 (quar.) (initial) .I/...!... Lincoln Telephone & Telegraph, com. (quar.) 5'preferred (quar.)_ + 1.046250 % .209000 '<■:< .209066 .00285500 -quartferly Quarterly Quarterly .0385356*> .0335356* 1.046500 . pfd. LiggettF'fc Myers Tobacco, 7% pfd.. (quar.) Lincoln-National Life Insurance (Fort Wayne) - .<■»• .0198750.- .0385356* /.0198750 ___ .0249688* 2.222360 2,223605 2.223854 ______ ,'J_ 3.85% common new 4'/2 ^ "preferred .0555555* .0248066* .0239466* .0238609* 2.224103 Co. of Rec. * .... ■ (quar.) & Sons Corp.,, A;_ '(quar.)_____ common i class i— Liberty-Life,Insuiance Co. (Greenville, S. C.) Quarterly : LibertyXoan Corp. '(quar.): ...... 7- Payable Ltd., Lernei^Stoves Corp., March 28 March 26 .0555555* .0555555* Lehman Thursday March 27 Monday Lees-(James (Value In United States Money) New York $ Official Union of SoUth ACT 16) page Nome of Company Lawson:& Jones, Class";B_^_._ INCLUSIVE 1957, Cable Transfers In Argentina, pero— United TREASURY March 25 Friday March 22 Mexico, 28, TO MARCH TO (Continued from $2.50-pi*eferred £ Country and Monetary Unit Japan, BANK Monday, April 1, 1957 DIVIDENDS Pursuant to the requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just paSsed. FOREIGN ... 2.789062 . >5%rijbnvertible Lorain . 'Nominal Lord preferred Telephone Baltimore Co., 5% Hotel— • " (quar.) preitJrred $1.25 (quar.) ' L + (quar. )—A_. (quar.) (quar.)____i.____. . 7% 7% (In thousands of dollars) $81 million. Increase < + ) or A Decrease (-r-) Since Mar. 27, ASSETS— 1957 Redemption Tctal F. R. fund gold 20,774,392 F. R. certificate 9,998 of other and 'Industrial 2,249 +'. reserves 7,749 407,627 6,793 + Mar.-20, 616,584 +590,378 276,155 ASSETS— 59,029 Loans 89,362 — Loans 795 12 + 113 22,675 497 + 8,173 securities: S. loans Govt, and securities securities 1 i... -2,285,070 reserves.., +364,217' 59,821 254,897 items liabilities 111,383 19.483,713 3,803,917 18,748 21.848 + From 592,875 —1,644,071 +1C3.280 + 867 + 747,593 Total liab. and capital accts. gold certificate reserves to deposit and F. R. note lia¬ bilities combined [ of liability purchased on adjusted except ;33r Government deposits: ; v. <•' 47.2% • Federal 58,935 + 10,695 + -2,285,070 + 32,042 .7% Banksj'__- 1,974 + 698 + 12 — 19.862 loans to loan banks Items and Commercial and industrial loans increased in tricts; the principal increases were $376 million York City, $107 million in all in Chicago, $66 million District, and $59 Re current increase - compares with an First appear in another ?Z "ilIhon m the San Francisco the million in 306 + $1 in¬ press found-^ deduction gross. •; 297 + of valuation Chicago District, District, but they Boston District. Time de- Basket (quar.)__ Steel - • mortgage 3?4% Line ' * for 50c +30c (quar.) Corp.— v c ' . J $1.2 5 L i: 20c pfd. common (+uar.) 12c (quar.) 2232C 50c & Co. Co., Ltd.— (quar.)_!__;_i___/ com. • > (quar.)_i. (quar.) Co. (quar.).. Co., Drydock— fi- t 4 quar;) ~ l.C.JL.'L."_:x>LL.cL—_JL' preferred (quar.)^__*2____._L;_J. 4V2% 4?4% Rubber " Date ' 1958— 1 __..May 1 subordinated 1038 ;+' debentures stock due $1.12'/a April 1. 1981., May Li—Mar. series..^ York State Electric & Gas Corp., 4.50% Transatlantic Shipping Corp.— 5% sinking fund ship mtge. bonds due Trans 1 1039 1153 Mountain 1968—Apf. 1 1 ENTIRE ISSUES Rys. of * Announcement in cum. 1091 1091 1092 this issue. preferred stock.. ... (t;Uar.)___ * — x— (quar.).. (quar.). ■ convertible * preferred (quar.) 50c , Co. & A (quar.) preferred & Co.. 2nd 25c 30c (quar.)—: ••'25c (quar/i—xx.-.j.. Corp., 1 - common.. : + 90c 45 c , (quar.) common preferred 37*20 (quar.) 25c (quar.). (quar._)x__L <fe dividend :40C 8712 c ' : ' $1 * Scott— on common 7-15 6-14 v 30c 6-28 6-14 ' 30c Quarterly 4% 9-30 9-13 30c 12-20 ... Quarterly Quarterly Mersey Paper Co., Ltd., 5 V2 % Messenger Corp. (quar.)^ ... Mesta Mfchlne ... (quar.).. pref. (quar.) 4- 12- 1 3- 6'! 8 12*±C pfd. 5-16 62 " Metropolitan Edison Co., 3.80% 3,85% preferred (quar.)1 tBR'Uc " c 4- 1 95c 4- 1 3- 4 9634C 4- 1 3- 4 (quar.) 5. 6; 3-16 ._Apr. 3.90% preferred (quar.) 97^20 4- 1 3- 4 4.35% preferred (quar.) $1.0834 4- 1 3- 4 4.45% Page America- conv. Ltd. Engineering Co.— Acceptance class Stock CALLED 60-year 5% gold bonds, series B. and 5% first mortgage 60-year gold bouds__^ ,.._May International Utilities Co., $1.40 cum. conv. pfd. sk. Apr. Resistoflex 5% 5% Merritt-Chapman \1091 • (quar.) S3.50-preferred 979 preferred Sl.il v4 4- 1 3- 4 12-zC 4-15 4- 2 ■58T4C 5-31 5-16 Miami Window Michaels, mortgage Corp A "$1.50 $4 1091 1 .-.a, (quar. Medusa, Portland Cement" 1046 1 Date Central Stores Machine A: Mead Johnson 80c 1 July 1, 1983—Apr. : Inc.. 5% preferred (quar.)—v McQuay.-Norrls Mfg. (quar.)„____ ,, 1, Oil Pipe Line Co.— first mtge. & collateral trust bonds series A Apr. 4% first mtge. & collateral trust bonds series B_i Apr. 4% first mtge. & collateral trust bonds series C_i__Apr. Western Light & Telephone Co., Inc.— First mtge. bonds, series G, 4V4%, due Company and Issue— Aircraft Trucking Co. McNeil 1045 1 4 Vr % International McLean * Oct. .(quar.).. McKinney Mfg. Co. (quar.) McLean Industries, $3 preferred 1 pfd. stk.__Mar. 31 common Mclntyre Porcupine Mines, McKay Machme (quar.t Merck mt.ge. ser. C 4>4 % bearer coupon bonds due '78__Apr. (John) Morrell & Co., 15-year 3% debs, due 1958 May National Gas Oil Corp.— First mortgage 434% bonds due March 1. 1973.—_l„Mnv ^ i.i.JjLx.L.LL.— preference (quar,).; yv.), Inn. (quar.).__ McColl-Frontenac Oil Co.* Ltd. ' (quar.) 1 31 common (J. McDonnell . (quar-. -L-. Merchants 4.6% Co., Interest i__. McQuay, 1st ,t " income 4,31*40 participating Mays -Class 1963__ & 'Extra'" i;.' Maxwell, Ltd., $6 beneficial net A " McLellan Apr. of from Factor Class . Page Co.— Gas Co., preferred Electric Co., Ltd.— Maul Certificates Max bonds, notes, redemption, REDEMPTIONS Manufacturing Co.— & SI 50 Casualty tcily given in the "Chronicle." due 30c . -.Common - Ry.—..*■ bonds 8l2C • u 6% preferred (qUar.).." (quar.).: Maryland Credit Finance Corp., com. tquar.) 6% preferred (quar.) Maryland Shipbuilding & Maryland . r Air 27c 59>JeC ; —i—.:... (Calif.), preferred Marshall-Wells re¬ ! . list of corporate were Laclede First million in Charlotte Tire New ac- ; Marlin-Rockwell Corp. (quar.) Marquette Cement Mfg. Co., 6 % pfd." (quar.) Marsh (M.) & Sons (quar;)— x__x_ 185 — 81 — 15-year 3% subord. convertible deb^ntur^s due 1968__Mar. 31 General Plywood Corp., 5% cumulative pfd.. stocks—May >1 General the increase previous & Brunner * million in the Cleveland de.creaused $617 miiv after shown Ampal-American Palestine Trading Corp.— 10-ycar 3% .sinking fund, debentures due Atlanta New in release. Holdings of "other" loans increased $40 million Holdings of Treasury bills increased $179 miliion in New York City and $162 million in Chicago. Holdings of U. S. Government bonds decreased $40 million increased ti $67 and are Company and Issue— dis¬ week, which also quarterly tax date needs. Changes «nfT«i47 " common* stock ; called in which the details 458 — . New'Tork 66 ing tenders, and the page number gives the location in the current volume (except where otherwise indicated)" ^ industry 781 r" f25c ,7"2JC (quar. T'und, Inc.— Exploration semi-annual (Clayton) Market 227 31 including those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ 1.2% + loans, $393 million in holdings of Treasury bills, and $2,106 million in U. S. Government deposits, and a decrease of $1,201 million in demand deposits adjusted. loans for +'. . 998 Below will be commercial the Mark - 142 :+ .; . Reserve Individual preferred +364,217 System in leading cities principal changes for the week Increases of $739 million in in 910 Nofjjces following million + 1,552 others___ 27..50 *J$1L25 Mussacnusetts Investors Trust— condition statement of weekly reporting member of the Federal Reserve San Francisco , 15c • - Maritime Telegraph & Telephone Common (quar.) 7% preferred (quar,)--—--L +1,423 — Redemption Galls and Sinkhtg Fund Condition Statement of Member Banks The and industrial • . 20c 50C (quar.)___ Marquette Cement Mig. Co.. 6% 796 — '91 +2,106 ul0,382 '*• . t Exclusive-of serves; foreign commitments ended March 20: ». , com. Oil Increased 4 —>1,201 .+ 3,240 banks.....:--. f. * (quar.)__: 23,020 ;; :15c. $1212C L_. (quar.) Maracaibo 32 59 .v 55.704 U.'S. deposits PARTfAL increased 272 70 ' 2,535 50c $1.50 -*• ■ 607 -fry Bond Co., Marine Midland Corp., 4% preferred 53,981 accept- for 51,019,368 correspondents cluded 75 .?43, >.961 banks;. 1,171 20 783 27,543 $403 25'. 7,642 20c -" - (quar.)lLfc_L_ 6 %'preferred (quar.)__^ Manufacturers Trust Co. (quar.U Maple Iieaf Gardens, Ltd. iquar.) Maple Leaf Milling/ Ltd., 5% prof. —1,428 — preferred Common —1,782 40 ;' (From net investment income)—: Manitoba. Sugar Co., Ltd., 6'A' pid. (s-a; Mansfield Tire & Rubber Co—/, :' ■ , 10+ — 17 13,437 4.75% Marsh —269,364 — 135 235.422 of 514 650 + 22 11.371 Banks.. _________________ demand Borrowings: From 330,765 accounts. the 761 " ■ ; —2,66 V $1.50 priority shares (quar.)..: Bonding fc Casualty Ca._"4_;_._:.i._;_ Manhattan - - +257,411 13b).. "banks 393 >. 426' . + .314 indebtedness Reserve .+ * Convertible - Maine 145 — 40 t 18,624 domestic Government 2,191 -2,295,900 (Section shows . ' deposits S. 17,003 — 49,678,045 ; 'Surplus loan 8 1,763 Foreign ..banks™, ACCOUNTS— 7). Industrial • A Mading6 Drug Stores (quar. Mahoning Coal RR. Co. Mailman, Corp., Ltd., 5% pfd. 910 — 6 25,990 ... deposits Interbank —232,704 — 44,755 299,475 paid-in «nces Demand +362,324 494,116 489,873 .... availability cash Contingent • 8,746 — of Federal with Domestic 18,349,522 acct. (Section -Ratio 31 / 1,148 ... U. 26,371,667' 344,843 capital : + 10,864 vault— Balances +94 — . 125c 30c + (quar.- & Malnb Public Sei-vice banks....^........-^. with * 3,932 -4 • 6% . 27,255 ^Surplus Other to + 739 140c • ..+_. & Bloedel, class Class B "(quar.) Macy (R._H.) & Co. (quar.) 3,529 4,842. bonds. in + ' 3lV«c; 12232C • preference MacMillln 805 __ 1,822' securities—total..... — Time .... Other liabilities and accrued divs. Capital 11,380 + < deposits Total + 12,561 51,019,368 — CAPITAL 6 + Cash < 258 - " Forbes, common (quar.)____ preferred * '.quar.)uL____— + l Macfadd.qn Publications (quar. pur¬ securities Reserves .1956 + + 430 notes S. Mac Andrews .. LIABILITIES— bank ■ Deferred + for + 31,149 • . bills...!.. certificates ' +177,699 -145,430 Treasurer—general Total Government Loans ; Jpeposits:-. Other S. U. —618,871 - 75,651 LIABILITIES— Foreign 409,190 —1,886,751- dealers . Treasury —537,795 loRns^ —... and Treasury 9? 4,611,111. (Federal 'Reserve notes S. ' 1,094 + 53,115. loans... loans_.._.__— Treasury 9,500 + 132,550 23,705,621 .... assets (quar.)__^ 'Typograph Co., $6 Lynchburg Foundry Co. for estate Other Bank premises Other-assets Member —547,295 56,300 23,065,567 from foreign banks Uncollected cash items U. '76,250 25,500 (Due Total ing Other 23,040,067 repurchase agreem't U. preferred Ludlow (in millions of dollars) carrying or loans Real U. bought outright. under Total 429,500 + —582,500 Industrial loans brokers - $2.50 Lownev; (Walter M.) Go. Ltd.-(quar.)—.!__ Lucky Lager Brewing (quar.) Mar. 12, 1957 -86,747- :■ ... securities-.-..*::;. purchasing or carry¬ securities... .___.____.u_L Other 2,801,750 Total v>Total —394,295 8,571,413 Bonds Held 76,250 and Agricultural chasing 304.705 11,362,199 'Notes r adjustedf adjustedt_.__c._— Commercial ' _J_ Investments to ' ' and Loans ... Mar. 13, 1957 Bought outright— Certificates 4V2% Decrease (•—) Since , Si.75 '(quar.)__ • ^ 30c. ; ' . reporting , ■ + 117,347 2,652 loans Bills of $1.751, . ' 5.% -prcreired ■ (quar. r__1._'_i';.L___i'_L_'L-JLL: '"Lower StrLawrence Power, common (s-a)__ increased ' 6,974 21,626,539 banks advances—. S. Government liabilities and . ^Acceptances—^bought outright. X. of summary + 583.404 852,147 notes cash Discounts * others^, decreased .1956 447,367 notes Other for j-'[ V ■ %+ $1.75 $1.75 '. .'•"Los Angeles Investment Co. (quar.LI™ Louisvill^ Gas & Electric, common Loans to banks decreased $75 million. assets member banks follows: Mar. 28, 1957 * Banks preferred non-cum. Increase ( + ) or Gold certificate account , Mar. 20, • Borrowings from Federal -Reserve $306 million and borrowings rfrom fion-cum. preferred Lorillard (P.) Co., commop.. f; 7% preferred (quar. posits increased $91 million, of which $55 million was in deposits of individuals, partnerships, and -corporations in New York City. preferred 7% Statement of Condition of the Twelve Federal Reserve Banks Combined fton-cum. Stern (quar.) Corp. (quar.)". & 412 % 1 1044 1 720 11 1230 preferred 4+2% preferred Co.— "$50 par" "$50 par" (quar.) (quaT.).. 412% preferred "$50 par" (quar.) 412% preferred "$100 par" (quar.) 4li% preferred "S100 par" (quar.) 4Va % ■ preferred "$100 par" (quar.) 56 %C 56 Sl.121-2 8-31 11-30 5-31 8-16 11-15i 5-16 $1.1212 8-31 8-16 $1.12 l-a 11-30 11-15 ■ •Kif 4 Volume 185 Number 5625 . . The Commercial and Financial Chronicle . (1559) • " Per Share name of Company oVi% preferred Electric Co.— Michigan .uaxeries, Gas to Micn.gau 4.4u/<? premrreci Middle Midland Steel Midsouth Gas 1 preferred Power Minnesota (quar.)-.,', 4.40% % Class A Class A to 4.30% Mitchell 4.90% common 3-15 $2 7- 6-14 9-13 1 1 1 3-15 O'Sulliven 3-15: Oberman 4- l-t> $2oc 4- 2 4- 1 iquarG-i-,.—- ' II. -.loc Power 26c 4- works, Ltd—1'. class (quar.) 15c 145c 4- preferred Motorola,, Pnilip Mornsi : ; «2%c Inc.•" (quar.) Mount _ Mountain States .115c . I-*.I.X:v; —A; "i: Telegraph— W Inc ; i ——— )il___——^—1.4.- * |.| National Chemical National Fire V'.$! $1.50 common' (quar.) 20 Gypsum A $ I5c : 4- 1 50c, $5c -■ National Linen Service, 1 National Lead Co" 6% preferred B (quar.) 4V2 % 29 preierred common (quar.)— National Screw 29 % National Securities • National ■!6 & Research ih1 Series—— % abares unless National Shares '• National Steel 4-1'.-^ Series distributions cash is paid 4-24 4- 4- 5 4-24 4- New , 4- $37 %c (quar.)__— New preferred Hamnsbirc ' 6% « nreferred (s-a)__i. New Jersey Power & Light, preterred 4.36"V preferred New- York. 25c 4-1 . St. RR. 4-1 4-15 4- 4- | North 9- 8-16 ___ 4- $1.12% $1.12% I_ T 3- 8 4- * 1 3- 8 4-1 3- 4- 81 he (qhar.)__—ll. 1 37 %c 4- 1 2 %C 4- 1 2V2C . $1.50- (quar.) 50c ___JI (qua Jirj . r 93 %c I__ 4-10 7- ' 1 1 4-1;! . ;; '% •4- 3"-TS t 6-13 4-20 4- 4- 1 6- 2%% 20% ** 3-15 1 3-15 * 4-15 4- 1 45c 4- 3- 1 5 4- 53- 1 4- j- 1 1 3- 5-15 $35c 5-15 "4-12 $$1.50 5- 1 4- 4- 1 3- 4-25 15c S-10 4- 1 3- 90c 4- 1 3- $1.12% 4-* 1 3- 4- 1 3- 8 4-1 3- 8 $1.15 4- 1 3- 6- 1 6- 1 $4 preferred 4- 1 Pittsburgh Inc.,: 4%% Brewing convertible Co.— 1 4- 1 Rolir 3-11 ' 4- 1 3-20 $1.25 5- 1 4-15 5- 1 5- 1 30c 4-29 v; 5- 87 %c ■ 3-21 "f 4- $2.50 " 4- 1 4- 128c 1 4- 1 3-15 7- 15c .. 3*10 3-15 , 7- ,.10- 6-14 I 6-14 9*13 10- 128c, 9-13 1-1-58 ,25c 1 :■ 12-13 4--1 75c 3-15 4-23 40c 3-20 4- 8 3-18 4- • 4 3-12 $$1.19 5- 1 12 %c 4- 1 3-11 59%c 5- 1 4-11 4 90c F 3- 93 %C 4-19 50c *3-14 RR.$1 — (quar. 1 A A 3-20 $1 3-20 35c —-— (accum.) 3-18 $2 (accum.)—— (N. 5- 1 4-16 93 %c 8- 1 7-15 10c 4- 1 3-20 4- 1 3-20 25c - Y.)— Corp.— . . . 40c -- 4-13 3-20 ■ *: * .' (quar.) series A pfd. (quar.) Russell Ryan fF. C.) 4-16 4-25 4-11 4- 2 3-15 4- 1 3-25 4- 4-22 4- 5 1 5-15 $1.02 % 6- 1 6- 1 $1.23% 6- 1 35c — 4-30 5 5-15 " 6»lf> •• 5-15 4-10 35c 4-15 $1.12% 4-15 3*2# $1.25 4-15 3-29 — — $1.37 % $1.50 4-15 3-29 3-29 4-15 3-29 $0.3281 4- 1 3-15 5c + 5- 1 4- $1.12% 4- 1 3-11 4-.1 3-18 1 Rubinstein) 4%% preferred %quar.)__ (qnar.) : 5c — Petroleum 6- $1.18% — (quar.-l—— Corp.— > , 3 5% 4-24 4- 25c 4-25 3-25 60c 4- $1 — — 3-30 4-15 $1 — Co. '3-15 25C —i Helena 8 •"t 40c — dividend 1 $0.2083 .<quar.)— (see 8 4- $20c D Helena 6 3- 15c - (quar,)_ Co. (Jacob), 3- ' 3% —— (quar.)_—— Ltd.. 5%% pfd. dquar.) Management Corp.^— Oil 3- 1 I $1.25 (quar.)_ (quar.)—u_—— C (quar. > — Consolidated Stock 3-12 E 1 4- $1.25 V-. 1 (quar.)— H K 3-18 4- 25c 1 4- , — — —— I 4- $1.25 (quar.) preferred -Ruppert ~ $1.18 —--- (quar.)I-^ (quar.) preferred 9 3- 9 4-19 —— Potomac Insurance preferred Aircraft 1 17 %c • to CI4- $1.12% ———— Co. (quar.t— Electric, common & preferred Royalties 3-12 4- 4-17 4-15 4-15 - 4- 2% ———■—— preferred 5% % 6% 3-15 1 $1.12 % — 3-22 4- / •46c 1 4-18 4-18 % 4- 110c — — Button Gac Rubinstein 25c 3-29 1 T 127c /. 3-21 1 5- dlv.)__— Electric & 5%: preferred 4- Co.— $2.50 4-10 Safety Industries Safeway Stores, Inc., 3-15 , 4- 1 ■ " ——— 4% 4.30% 5- 75C 12'ic 4-15 5- 1 1 4-15 4*- -- St. 4-15 1 6- 1 6 $1 4-15 4- Louis Louis $5 7-15 7- 1 - 5- 1 4-1 53J/8C 4- 1 3-20 $5 $5 A Corp., preferred St. St. 1 SI —i— — pref-arfed A Nationrai San — common Ltd., (quar.) ^ St. Louis (accum.)—— . , 62 %c 5- 1 4-10 St. Paul Steel Fire to Casting Marine 25 3- 8 $1.25 4- •15 common (quar.)— t25c $$1.25 — Co. (quar.)__ 75c 4-25 3-29 4-25 3-29 4- 1 3-15 Ry. •- _— Louis-Southwestern '-25 35c (quar.)_.— $1.25 6-17 6- 3 $1.25 — (quar.) 2-25 — com. (quar.) dockyards 1 4- (quar.)-.— St. (quar.)._ . f $1.07% — Power, pTeferred (qUar.) prefe»*red (quar.) — (nuar.) Francisco preferied — (quar.) preferred Lawrence 5% 3-15 3-13 "5- preferred Jaseph Light <fc 5% St. - 75c 62%c 3-15 3-27 4- 97 %c . > 1 4-15 93n4C - preferred 3-14 •'' 4-10 15c Royal McBeo Corp., common (quar.)_ 4% % preferred A (quar.)——— * (quar.)—— B 1 4-11 '—— ——— preferred Roy a lite (guar.) pfd. 4-15 20c (Canada), Ltd.—. Co-.?- prtfwr^ B—— 4%% 8 17 %c PitneyrBowes, 5-10 30c V.) 4.95% 3-15 4-15 $2 $1 y (quar.)_j preferred 4-IS :',4- L.) dividend 4.10% ordin- —__n:.r-1_w_—_ (quar.) $4 (A. 4% 5-15 . " 62 VaC * 5-10 ■ Co.— class & Rochester 5-15 30c from (quar,>„— common 4- -50c . —— ———— preferred Rochester 8 $1.10 843ic — (Hartfordj 6-10 4-15 85c . (quar. American 2nd Stock Roe . Eastern Ry; (s-a)_— Co., common (quar.)— preferred (quar.)_ I— Inc., " 8 — 20c (quar.) 3-18 5c 5% 5% 1$L50 pi'd. (quar.) cl. A (quar.) (quar.) Co., 5% Roddis Plywood Corp. 1 8 tquar.)_.— common 3-15 4-29 7-1 >.■■ (quar.)— " class Gas Rockv/ood 5-17 45C r — 20c (Me.)— — InsuraTve ■' Roebring income) (l%c 4-1 9 1 %c; 415c Mfg., common.;——— dividend partic. preference (quar.) 5% 4 Philippine Long Distance Telephone Co.—. Quarterly *— $2.50 • 3- 50c 4.75% preferred B (quar.)_. Rochester Telephone Corp., com. 5% preferred (quar.) 1 75c <P. Quarterly 4*25 voting (quar.— Corp. 3- ; w. (quar.» - , Cement Rochester < —.1 Co. 8 - 3-15 4- > i 25c ——————— partic,, Rochester 4"25 W 33c (quar.I_— Power & Light, com. (quar.) Fibre 1 5" , 6 5-15 Sand Chemical 4- 4- 87 (quar.)—— partic., $1 3-21 5-15 k" 25c — net , 127c • — Ltd., (stock (quar.) Robertson '■ I undistributed " Plllsbury- Mills J. -3-9 1, 3-22 $25c 127c obligations Inc. $1.25 5 32 %c I— Glass preferred Phoenix 4-1 138C 35c - 3% % common $1.25 3-20 4-10 $i to ' ■ 3-12 W 4-' 8 "* 25c 4-15, 1 3-9 5c (quard Fredrlcksburg Co., Riverside 9-16 37'/aC — , I-j: 4-1 4- 40c 50c 3-15 5^ 93 %c 1 a Gas Bros.' Dividend 12-16 a 45 c dividend) (quar.)— 3.90%. .preferred (quar.) 4% preferred (nuaf.) 3-30 4-15 4- - (increased Inc., Ritter 3-15 ——w (quar.) (quar.)_: Phillip Morris, Inc., 3-15 8 5-24 >a — preferred Common 3-22 " 10- 2%c — — commoh Co. 3X22 135C — (Canada), & Richmond, 3-15 1-2-58 2 Vac — Philadelphia to Trenton, RR. "(quar.)— Phllco- Corp.,: 3%% preferred (quar.)_ : • " 30c ( Rich's, ... Philadelpliia Suburban Transportation 5% I_ ("qua - 4- " 4% % 3-15 4-20 135c (quar.7— 3J,4%e preferred ary net income and 23J2C from accumuIn ted undistributed -profits from sale of Peorta 1 4-20 ? 45c (R. J.)"Tobacco Co.— / ,L preferred (quar.)_„_I—— '4.50% ; $1 — Paper'(stock securities) 3-11 $2 File (quar.h^ I' 2-21 $50c North Penn Gas ' '3-11 4-1 " v Nort^h American Refrstctories ^ : 4% dividend)-— Securities Pet Milk ___ preferred American Aviation 7 3-11 1 4- 93 %C Newberry (J. J.) Co., common 3%% preferred '(quar.)___ | NIchjOlson 3- 4-1 Peoples - 4- ,5% «—-—.I preferred Reynolds '•••», 3.60% C 4% PtiblifThing (increased),— Peoples Gas Light &• Coke./quar.) I" 3-15 $1.50 — — $90c !I" Penton 1 7 1 — — (quar.) Rlchman ipuar.)_ 'Common non-voting • (quar.) feuar.)..; 3%% 3- 1 4- Common 3-18 4-" 1 (Ohio) Newport Electric, 1 4- 4- Co., Class A (quar.) Inc. 4% % $1.50 4Va% preferred (quar.) —, ——'-—4 4.40%; preferred (quar.) —— 3.35% : preferred -(quar.i——— 4.60%. preferred (quar.);__—I— Penobscot Co.—- — f;| > .. 3-15 $1,18%/ (quar.) preferred (1949 series) preferred (quar.) New York Trust (quar. Newark Telephone : $4.50 i:' 3-15 .: 75c ——_— 4%% nreferred ■it. 50c Gas— 1 3-15 3-8 $1.09 Louis 3-28 3-2C 56V*c> " —II, Pennsylvania £ 3-28 ; 4--1 4-1 -4 (quar;):.— New York Dock, common New York State Electric & preferred 4- 4-10 Quarterly 3%% 4-15 '» $1.15-. $1.01%;' com,-"(quar.) & 12% —— preferred (quar.) (quar.) Corp.— (Balance of 3-25 3-18 30c ' C.) Pennsylvania u.—60c (quar.)__ Chicago (stock (J. Pennroad 3-20 4-1 mj,.'50c Co. (quar.) i ,15c preferred (qnar."ti Orleans Public Service, 1 4-15 4%, pfd. .(quar.)$l-v= 4.65% Penney , V * $6 5 3-15 U 50c quar.). Reynolds Aluminum Co. of Canada, Ltd,— I 4%% preferred (quar.)I : Reynolds Metals Co., common (quar.) $1.25 (quar.)-a.—— Go. Parchment Ltd., preferred 1 3- 3-15 1 —.—--— Revlon, $1.13 (quar.)———-—, A Oil $1.50 —— ' to Penman's - 5 3- 1 4- :.$1.50 Ins'Ta 3- 1 3-21 1 4- common (quar.) Reserve 40c r (quar.)— Telephone, common (quar.)_ preferred (quar.)__— $1.30 preferred (quar.r_I---> —-— >':;;$1.32 preferred (quar.)— i__ — 1 1 4- $2 r~> $1.18% .; 4- (quaiO—$1.12% (quar.")i„—'_ft_ Jersey Natural Gas.^coihmon (quar.)— 434% ' ' > (quar.)Carton New ■ 3- 1 4- I 30c Class A (quar.)———_____II——_— Republic Pictures Corp.. $1 conv pfd. (quar.) Republic Steel Corp. (quar;)—_——— '— $1.18% (quar.)__— r: $1 ■ 3-21 $1.75 „—^—al——*/, Extra $1.09 $1.10 (quar.) preferred (jommon 4- u $15c —. Fi"e New . ' 4-i 4% v25c pfd. „(quar.)t.— New Haven Board & Haven Water New Class 5% —— — A Extra ' 4- 3-15 4-1 —-— (s-a)—— (quar.) Chains Class 'Peninsular 3-20 4- iqnar.)—2^0 , .at- 4-12" 7%c : Ttelephone Co.+ Ltd. (quar.) England Electric System (quar.)——— New England Gas & Electric Asso;-r- 6% preferred 3-15 $1.75 — dividend (C. A.) Renold Pipe Line— preferred 1 4- % 4-1 . jPemco Coi-p. (quar.)—__ ———^1-— 3-15 4-1., • $1.06 , $1.16% ; Rust-Proof Paterson 3-15 - 4- .1 k ;* :6hc Brunswick 4.60% i- 3-29 3-15 4-15 50c >. ——■' preferred conv 3-20 3-15 Corp.— Reliance"Mfg7~(Tl7.), a - • i: —- England Power, % 4-15 A7%c —: 4%%._ convertible conv. 1 4-1 110c (quar. )—— (quar.)_ *4- - $1 Reitman's (Canada), Ltd/ (quar. " New New conv. 35c • 25c Reed (quar.)————— preferred Parke-Davis :. ; Rapid Grip to Batten, Ltd.,, 6%..pfd.> (guar.! (quar.)—_—— k Parkersburg-Aetna Corp.—, ;.4 ,1 dividend—4% Common . Parker (quar.)_—30c Class 5% 5 • , conv. 5% ■ I; 4-26 4-28 Caroiiria— Inc. (quar,)—lu^.— Reading Company, 4% 2nd preferred (quar.) Reda Pump Co. (quar. Reece Corp. (Mass.), common—1----:—— 5% preferred (quar.)—— $1.25 Electronics 4-28 - 5-15 Bearings, Inc.— Rapid Electrotype, stock dividend————— $1.12% (quar.)^'—— 5-15. %5-15 .—Rayhe^tbs-Manhattan. (quar.) Eastern .5% 5 4- North - (quar.) preferred 5% 5 4-24 4-24 40c •" —— Stock dividend Nehl- Corp.. Mfg. 3-18 1 84C Randall Graphite (quar.)_^.___ Light/common 3-15 3-14 4- - Bearings, class A (quar.) Corp. of America, common (quar.) - 3-15 - 4*i-l $1.12% Candy Co.__———_—,— Mining Co. ___———————— Stock 1 5 Oklahoma— $3.50 ,1st preferred . 1 4- 3-13 v , approval i_——— Pantex Manufacturing, 6% Park Chemical Co.— 1 t ' J ——^ Corp. Ltd National Sugar Refining (quar,) National Suprly *""0., com. (initial quar.) 'National Tank Co. t •• v 5 Hampshire— 1 4- $2.50 RAM 20c — 4-5 v in kvv requested. (quar. (_—; Car Nationwide Corp.,- class Stock Packard-Bell 3-18 (quar.) Anne Radio • 17 %c —— (quar.) of preferred Quiney $$1.75 Page-Hersey Tubes,;Ltd. (increased)—' Palestine'EconomicKstcck dividendi-.——— ,Pan American Sulphur Xstock dividend) 4-, 5 12c Co. to 3-25 $2" 14c RR. class -A- (s-a) (Subject to Iulcrstate Com¬ preferred 5-15 4-15 — preferred Commission 1 "V : — Pacolct 5 4-24>'4- 135c* _______ 5% 6- $62 VaC City Life Insurance Queen (quar.) preferred (initial—_u_— preferred (quar.)—i___—— 6%. 5 4- Co. 5 % ' f$3 6.16% 3-18 4-24 l8c (s-a) 4- 25c of preferred 5% '■% $25c 4.52'-^ preferred (quar.)___—_———— • 3.la 4-24- , r 23c v: •• Carp. National-Standard Finance, 5%; preferred ■ j 5 4- ••4-'l5^''*-' .• 4. 5c> v gains Terminals (quar.) New Quebec Telephone Co., (quar.)———- common 1 25c (quar.) orig. preferred (quar.) 1st preferred (quar.) —- Coast ..Pacific Power 3-18 '% ft 4-15 26c- ' — — Stocks capital 3 > :.A. -'-.-V1,,;- *;i 30c .. Above i-"*''-4-'-a*?,V 8;>c Series Growth ^-3(1. 3_ 5- V *42c ---— Balanced Series Bcflid Co., 5- —— — K - 3-22 $75c ,, v Stock dividend _—.> Quaker Oats Co., common (quar.) y » • 6% preferred (quar.) ——I-——— ;• Quebec Power Co. (quar.)—___—-——— H5c . 4-18 — $5C ■»' 3-19 4- $3c ■I- (quar.) _—,IH_I—^_I__I__ American Fisheries, Inc. 4% Series Dividend' Series, Preferred Stock B 3-20 " 75c „• preferred (quar.)^— 4.24%. preferred (quar.) 4.65%- preferred;(quar.)—-I—- -Quaker Brewing Panhan-dle , J Phner $4.50 ;v:-,YVV:: , (s-a)___ (quar.)-———;— $4.75: .preferred (quar. $4.75. convertible preferred Corp.— Series— iJ ___r Income •11 6 1, 4- ■h 25c Series ; 50c 3-20 4-15 .4-1 — Co. Service 4-15 75C (quar.) Service 3-30 56c (quar.) of 3-18 4-15 25c Pyle National Co., common -fquar.)—— 8% preferred (quar.)___. 15c pacific. Lighting,-$4.36 preferred $4.40 preferred (quar.)-— 6 Mfe ,> (ouar.62%c ; Securities Stock -11 9- $1.25 ^ 3-29 .common convertible preferred merce 7 $1.12% (quar,;_rT-f_-.^-a.i. 4-20 Co. 3-20 4 30c I, pceferred Worcester (quur.) 3-25 1 .,u"4- $i : — :> . (quar.) Jockey Club JLtd.', Stock dividend 1 6- 20c ft $1.06 1 Pacific Greyhound Lines, 5% pfd. (quar.)— ;Pacif,ic Indemnity (quar.)— Pacific Intermountain Express (quar.)—— 3-15 3- " — .— Macaihery 2)' ' 1-2-58' ^12- $5C ,— 5% preferred (quar.)_: National Lock (quar.> — National Rubber 15 15 (quar.) 3-29 4- to 1 %4- 20c (quar.)—. Co. 4- 10c ..... (quar.) preferred 7% 4-10 4-15 3-25 (quar.) ■ 10- $1.50 21 4-30 20c preferred (quar. 1 Pacific Gas to Electric Co. (quar.l__I__ 3_15 4-1 tPc —«• 4-10 45c — 4% % 5 7- <2 "• $5c —. (quar.) "40c (quar.) common ' (quar.)_-_-.- B A preferred; A Paci ic v * 20 : 3-14 1 (quar.)—— Reliable .Stores ',4-15 1 $5c A Corp., Pacific 4- 1 "•'>3-15' 4- : pfd- cov. Pabst 3-29 , 3-15 547 oxford' 3-15 (quar).——-———; 1 Ltd. preferred 7% -•v 3-22 ^ 5-,r $37'/2C (quar.)_^: 3- 4-15 4-15 — 4- (quar.) ,.ii% prangeburg. Mfg.,.Co.(quar.), '.I, OwensrCorningv-Fiberglas (quar.7— •ft'Owens-Illinois Glass, 4% preferred 1 4-1 A Class 4-15 w . Class 16 Ltd., (qm\r.> $1.11 ;——— , 3-11 1 40c Nationol Hosiery Mills, Ltd.— 20c class..A (quar. Class 4- 4- 27 VaC j. 3-15 3-15 1 4-22* 25c . ,: 1 4- Ltd.——, Inc. Gas -Publication X25c 3-18 4- 30c , i 4-1 4- (quar.)—- ———————_ 1 tl33ic 3-30 4-1 50c ■ . Co;- (quar.)__,___ (Hartford) (quar.) (quart): Grocers, r'-f.q 20 _— Mfg. (quar.)— (quar.)—— ' Insurance preferred National 15 v & National Fuel*Gas National 4-15 5% ■ . 51.10 3-15 " 12 %c (quar.) Manufacturing 5.60% 1 4% 3-30 15C National Biscuit Co., common iquar.) National Cash Register (quar.) 3-15 Ontario Loan &r. Debenture Co, (quar.)—— Ontario & Quebec Ry. (s-a) ,Ontario Steel Products 'Co., Ltd., common— 7%' preferred (quar.)—— Opelika Ml'g. (quar,)— Ore ntje A RocKtr.nd Electric^ "; * ■!:v 4-15 5c • 3- 4-1 1 6% 4-:i:.'iS3-l5 20c —-- dividend' Nation-Wide Securities 3-29 6- Pacific Industries, Corp_.<quar. Stock 66c Inc. Co. Service Public 1 4- — 4.50% 3-20 97 V2C * 3- 3 3- 1 $1.96 Vt Ontario > 3-20 3-15 1 4- 3-19 "X:."-'/i'5%.%: 3-29 6- 1 4- 30c ' $1.65 Murray Ohio Mfg. Co.: (quar.)i___„ —X" r 50c Mutual System,'Inc., common--——6c 6% preferred (quar.)—_—— 37Vac & ft 3-22 4-15 4- *25c 3-19 50c (quar.) 3.35% i. 1 — (quar.) Gamble, 8% Common 3-11 $1.12% ? « .'3-15 6-20 1 |20c . 4%- proferretP'-ftrrmr. $3.50 _——__ Telephone*. & 4- (quar.)-— Co...:————— Oliver I -1;% Quarterly,——._ul 6 Public 12 V2C _— common to preferred Public 3-22 Mhthiescm Chemical/ % 41/4% convertible :preferred/ (quar.)—.— • 3-15 1 3- 1 1 8 < ■ 1 4- 4- 3- 1 ';j 4- 4- 25c 75c y 4-12 3-15 $12c (accum.) — 37%c 1' (quar.)—. "••'V.,' 4% 4-1 pfd. 4- : Olih } $1.75 i 5% 5 4- Ltd.— (quar.) Co. Gardner, Progress I; (quar.) (quar.) Canada to Providence .Ollh v - — Royal^Dairips, litd, (quar.)Mount Vernon Mills•' *;?; 7%, p referred (s - a )I_-——Li ^ > . 5% 4% 8 1 * 3-21 1 8 4- (quar.)— Electric (quar.)— Electric, .Procter & 3- 75c preferred Tools Lambert, Providence Gas &, Electric, com. preferred (quar.u— 4.24% - preferred (quar.) Old Colony .Insurance (Boston) ; 122%c ;/ • Oilgear 3- 4- *j 4-23! 4- $2 (quar.)-—X % I V 4-23 4-30 ' 2 4-15 Paper Co.— to preferred Bros, Prince • C'v 4- 3-15 Cement— ;v Oklahoma 1 - .34:8;. 4-"T-..« 3-15" - 1 4-30 . $25c (quar. .4- . 59%c Consolidated, Incy— (quar.)--— —--'i' $25c 4- 1st , Edison-.Co.^ 3. 8 . Price $38c of Read President 8 4- $1.50 I : 10c General & 3- $1.75 (quar.) partic. preferred 'Pratt Co.— preferred V,;,; 3-18 :» 1 (quar.-)-——20c preferred (quar.)——— Morgan Engineering, $2.50 priof pfd. (quar.) Morgan (Henry) to Co., Ltd., com. (incr.) Morris (Philip) (see Morrison Cafeterias 8 - 1 $81 ITS —.r common- 4- f$1.75 convertible . 8 8 • .. 3-2D — preferred 4-.lv, 3-11 4- —— (quar.)—;— Drop'Forging, .4-' 1 $25c ■ B 8 33. 3-18 $1.75 4-15 (s-at- 4.40% ; 4-8 ^ $1.04 Ltd.— Corp., 4.44%. preferred 3- 4-29 3-29 6% XPratt, - > 4-15 ; ____ • an- 45cV (quae, Corp.," Ltd., "common Natco 1 50c * - 1N 1 4- . ■ 3-29 , > 2 Machine Corp. of Rec. ' 4- — ; Sulphite Electric 4%% 3-29 4-15 Power $1.75 (quar.) Chocolate non-cum. Holder« Co.— (quar.) Porter-Cable 3-29 4-15 _________ 3.90% 4-5 4-15 $1.02:% — RR. preferred I quar.) 'Onio ; 5-25 - 3-15 $1.12V2 (quar.;— class .A 7%, 3-15 5-31 (4-19 62%c /quar.—_______/I. Montreal Locomotive 4%% 1 - 4% Portable 3-29 4-15 Light & Power Co., Ltd Ml'g."—'' 5 Water to Ry. When Payable , Share — (quar.) Huron Common 3-29 4-20 90c $1.02 (quar.)__— Rubber Port 6 4- 4-25 $1.02% Office Specialty Mfg. Co., Ltd Ogilvie Flour Mills Ltd. (quar.)__——^ Olilo Consolidated Telephone^6%pfd. (quar.) 3-20 3-20 ' Co. Montrose Chemical Moore 4- 5% 3-15 ■ preferred Nova Scotia 3-15 preferred, (quar.)—1_—; $1.17%;iC .42 1 Class. A 7%' I- 1 ' 15c class AH accum.$1.25 (quar.) Montgomery Ward.&po.( common ;•••: 7% 1 $1.18% A__I 8% 3-15 40c class - MoOre" 3-15 5- 4-26 25c Worcester 3-15 2oc $1.12% 45c $40c ____________— Ltd. Union Nut Plough, Inc. 3-20 3-15 (initial)-— A Industries, & 1 $1.22 % 1 1 5-15 Quarterly $31'Ac ____ 4- Chicago — Plainfield 5-15 4- — (quar.) •;>} ;:.Extra ' Nortnwestern- States Portland 97</aC Equipment Co., 5% .pfd. (quar.) Montana-tDakota Utilities, common (quar.)4.50% preferred (quar.)#_j—-' Montana 3-25 -v. 10- Corp.—— America Northwest '■ 22 %C preferred $1.07% Monroe Auto ... 3-15 5-15 25c (quar Northern -Telephone Co. 5%% : "Wayne to (quar.) 7% preferred (quar.)— Pittsburgn & Lake Erie RR. Portland — (quar-)'—-— Monon Railroad, 4.70% 4-10 3-22 (Minn.)— preferred Norwich __ ijod., Petroleum i 75c (cfuar.)___i__;— Modenr containers, 4- ; 75c (quar. preferred Mills 3-15 i (quar.i__-__L_- 4.75% Monarch i.-,r CO.— (quar.)____, Molybdenum Corp." of 3-15 4- *■2.:'' Co." $4.11 preferred (quar.) $4.16 preferred"(quar.) ; ? " (quar.f_i_^._______—____ Service," 5 4- — preferred preferred Mohawk 1 3-22 1 40C (quar.)___ preferred<■ (quar.)—i—______ 3-15 4- 1 5- $1.37% pfd. (quar.) preferred 4- 1 5- (quar.)—.,. $4.10 1 4- 28e 22c Cb. $4.08 5- Company Ft. 'Common Planters $3.60 -,25c (irreg.)__ 4.50% : Common , 4 $1.25 100% Co., 5%% Gas Power 3- (Seattle)— Telephone States 2 4-12 — 3-20 $1.15 preferred (quar.)——_ (J. S.) to Cp. Ltd. (quar.)___: Mobile Gas Northern 4- 4-26 Northern • Per Name of Pittsburgh, 15c 1 $1.10 (quar.)__ A Ohio 3-20 40c preferred Light 4- A" xsuiuial Gas Oklahoma 5 1 $62 %C (quar.) Pacific Ry. (quar.)———2—f— Northern Quebec Power Ltd., common 5 4- (quar.) — Northern > 5 4- $1.25 (irreg.)--—— Power $3.00 preferred 33- > series) Insurance Northern 3-18 1 4- (1956 dividend Noiuiorn 3-15 „ 4-15 10c : (irreg.)__ Missouri 3-11 1 1 •4-1 V4C 56'AC Railroad, class 1 4- 4- Stock of Rec. 51 Holder1 ... Engineering Life When Payable •: Share ' Ltd.— preferred Northern '" preferred (quar.jr*---—*—I— Mississippi Shipping Co." (quar.) Mississippi Valley "Gas (quar. >——„1_ Pacific 4- 15c $4.60 Missouri 3-11 C5c 56 (quar.)-— (quar.J___ Mississippi Power, 3-11 1 luC Paper Light Co.— & '5 '-/dr preferred.; 1 4- 15c f (quar.)_I Minnesota to Ontario 4- Oil, Works Northern Illinois Gas Co., common (quar.) 5% preferred (quaf.)_—_—.*-, 3-12 ' Star Northern 4-16 1 7oc (quar.) North 4-16 4- . 4%% 1 5- .—___— A Name of Company 3-20 $2.50 5- $2 class common •Fer of Rec. 5^c . Manufacturing, Holdert 1 $1.22% (quar.) Miu-West Aorasrte (vju<tr.j Midwest Rubber Reclaiming,'com. 4%% preferred (quar.) Miller v 40c common (quar:) Co." (quqr.) Miller-Wohl Co., 4- $1.10 ___ uiuar.^-V—--— preferred 8% 27 %c (qiwr. Products, preferred $2 Payable (accum.) preferred (qu'ar.)___ Soutn ' Utilities (a^iar. 4.90% When — — (nnnualj)-——-- Insurance 9- 3 12-16 12- 2 11c (.quar.) R.v. 9-17 $1.25 (quar.) — $5 30c 4- 3 3-15 4- 1 3- 4-10 ' 52 Financial Chronicle The Commercial and (1560) Monday, April 1, 1957 ... SI if When' Per Same of St. Regis Paper 4.40% S&n Company Share preferred class A Diego Gas (quar.) Electric, A 4.40% preferred (quar Sandura Co. (quar.) Sangamo Electric V, New 4.36% preferred 3-29 4-15 3-29 22VaC 4-15 3-29 22c 4-15 3-29 Standard-Coosa-Thatcher 15c 4- 1 3-18 Standard 45c —„ 4- 1 3-15 $1.60 > _ _ Power— Standard Fire 4-15 3-12 Standard $1.09 (quar.) 4-15 4- Standard Fruit A Steamship, Savannah 8ugar Refining Corp. (quar.)____ (quar.)__ Schuster (Ed.) A Co., common (quar.) 4V*% preferred (quar.)——.— 4%% preferred (quar,) 5%% 5%% Corp.— •' . 4 preferred 3-19 5- 1 4-17 '.'3%% 2V/iC ~ 8- 1 7-17 4- 1 3-20 Common $4.50 (quar.) preferred Steel — Seaboard Oil Seaboard ; . , ; 5% Selected Co. Co. Oil & 1 5-14 1 3-19 Stanley 3-19 State Street Investment 5 3-22 8teak : Class B Co., Class _ (quar.)—. Power series A ben. Ltd., Sterling Sterling Sterling Electric 8tern Stem Textiles, 4V2 %' preferred 4% % preferred 7c Corp., — Ccrp., 5% 4- Salle St. La Underwriters.Trust 1 3-14 4-19 4-10 4-1 3-l« 4-10 3-20 Union - 60c 3- 1 4- 3- 1 Strawbridge 20c 4- 3-21 > 5- 4- ' 5- 4-10 15c ' (quar.)— J75c Sunrise 3-18 Super 2-28 Super 50c pref. (quar.) 3-15 3-15 4- 1 4-15 4- 1 5- f53c Southern 4.80% Nevada preferred Mobile & Southwest Ohio Gas Southwestern 4% 1 3-15 1 •3-15 4- 1 3-15 4- 1 3-15 4- 1 3-20 1 3-20 1 3-20 4- 1 3-15 United Illuminating 4- 1 3-18 United Industrial 12Y2c 4- 1 4- 1 3-20 67'/2c (quar.): 4- 1 4- 1 3-15 4- 1 3-15 4-15 3-25 t35c' (quar.)__ 4-10 4- f$1.25 Printers 3 1 3-11 $1 4- 1 3-11 30c 4- 1 3-15 4- 1 4- 1 3-15 5-15 4-24 common 7 (quar.)_ (quar.) 62Vic 1 68%c 7,25c 25c.. Instruments 5-1® 5-15 4-24 t30c 4- 1 3- 8 4- 1 3- S. 4- 1 3-15 3-31 3-14 $1.25 a Power (quar.)____ Tennessee Gas Transmission, 4.10% preferred (quar.) 4.25% preferred (quar.) com. 1 6- 1 5-15 1 5-15 34c 6- 5-15 1 5-15 f62'/2c 5-15 4-19 4-15 3-20 4-15 3-29 27Vic 50c 6- 6 4-15 5- 6 3-20 20 5- 1 4-15 24c . 4- 1 3-15 (quar,) 6-14 b-15 2jc 2111— —I—I (s-a% ~~ ' —IIZ"" 25c 6-14 5-15 25c 9-13 8-15 4- 1 3-27 15c 4- ~~ 1 3-14 40c 7-15 7- 4- 1 3-11 $1 50 4- 1 3-20 (quar ) 2% ' lfi'/r 4- 1 $107 4- 1 4-10 hoic, 97%c — $1 033i ZIZZ (quar.) SlOfii/. (quar.) preferred ($25 par) preferred ($25 par) 1 "40c si 4- ~ 3-15 3-15 1 New common Tip 4-18 Toronto Iron 60c class 2 20c ZZ-ZZZ (quor.) Extra _ZZZ~Z"" Quarterly $1 12% 5- 1 3-29 4- 1 30c 3Qc 1:1 7- ££ Quarterly — .Z.-Z 1 2 10- 1 30c 12-13 4-15 3- 8 3- 8 3- 6 3- 6 Corp. A Co. series div. 4-10 1 5- 1 Ltd., Traders Building Finance Class B "" 7. 6-14 4-15 3-29 25c 4-15 3-22 4-15 3-22 4-15 3-20 17V2C Power A Co., pfd. Light (quar.) Utica Transit Corp. A 3-15 5-15 4-30 5-15 4-26 4-12 1 3-12 4- 1 3-15 3qc 4- 5 3-22 4-19 3-29 4-19 3-29 30c ' 1 4- 4- 1 3- 15C . 5- $2 25c ~ZZZ Food B.i, ■" 4- 1 3-18 Co. 5- 1 A 3-23 5% preferred ___! (quar.) $1.25 (quar.); 5% preferred (quar.) 5% preferred (quar.)_. 4- 1 3-15 4- 1 3-15 4- 1 3-15 4-15 3-29 dividend Co., 6- 1 4- 1 3-15 4- 1 3-15 4- 1 3-15 4-12 common 4-22 3- 8 1 3- 8 1 3- 3-29 6-10 6- $1'25 $1*25 ?5C " Z (quar.)_.________Zi_ZZ 12-10 A Pacific 56V'4c 30c 4-10 3-ia 10c 4-13 4- (quar.) 4- 1 1 4- 1 9 4- 1 3-15 Waldorf 1 3-21 Walker 20c 4- 1 3-15 Class t25c (quar.) 4- 1 3-15 Walker ~~ 4- 1 3-15 f$1.25 4- 1 3-15 4- 1 35c 30c (quar.) A (quar.) 4- 4-15 f60c 1 3-18 2-27 4- 8 System, A A Co., 5- 1 4-16 1 7-17 4- 1 3-15 4- 1 3-15 Mfg. & 8 Walt Oisnev 4- 1 3- 8 Ward 1 3- 8 4- 1 3- 'f50c„ 35c pfd. (ouar.j A $175 Co., preferred 4- 1 4- 1 25c 5-20 4-26 62V'2c 4- 3- com. -c ;25c Inc. (quar.) 3-15 5- 1 5- 1 4-26 4- 1 3-19 iqc (quar.) 25c __Z_Z7Z 3-29 Waterbury-Farrell Foundry & Machine Quarterly 1 3-15 4- Watson-Standard 1 3-15 Co., 4-15 35c (initial) common (quar.) 8 3 30c • (quar.) 4- preferred 3- 75c 4-30 5% 1 3-18 — (quar.) - $l,37ya • 4-26 47 1 4- 1 3-15 4-1 .3-15 3- 8 ■ ____— J22' 5 25c Worts, Ltd Wisconsin, Productions Baking 5V2% 3-29 __7~ (quar.)_, (quar.) 8 ,, 3- of Tiernan, 4- 4- 4-19 J75c Co. $3 preferred Wallace 4-15 $4 50 (quar.) (quar.) j60c 1 ioc _____7___Z Inc. common (H.)-Gooderham t$i 12% 4- $1 13 (initial) Quarterly Walker « 3-13 8- Co., 4'/2% preferred (annual)_ Wagner Baking, 7% preferred (quar.) 4- « 3- 75c 7_ common 3r: 37J/2c _ Wabash R.R. t25c Z_ Co., 3-20 37 %c ____ pfd. (quar.) Materials 3-12 4- 8 $4.50. preferred 1 1 $2 50 (quar.) Vulcan 3-12 4- $1.50 i convertible 3 3-30 . $2 50 _ (quar.) $3 1 8-31 12- Ry.— -ZZZZZZZZZZ" Virginia-Carolina Chemical— 6% partic. preferred (accumulative) Virginian Railway, 6% preferred preierred 9-10 4- ~ _ ZJZ: (s-a) preferred (s-a) Corp., 5 a* Common 3-29 4- 41 25 $2.25 preferred (quar.) Viau, .Ltd. (quar.) 5% 4-15 4-15 Vapor Heating Corp.— Vendo 2 . 20c class Rogers— 3-15 Stock 3-20 1 20c (quar.) 1 1 (s-a) 4- 50c 7~Z (quar.)\ pfd. conv. (quar.) 1 1 4-15 $1.50 (quar.)__ common 1 4- A . 5-20 20c common $1 4- 4- (quar.) - 80c \ Sugar <J. 3- 3-25 $2 (quar.) (quar.) Sea 4- (quar.i (quar.) 3-25 62%c common (quar.) Camp 3iy4c iqiiar.) Corp. 3-16 4- - 10c Co. Sciver 31V4c (quar.) preferred (quar.) pfd. (quar.) conv. Tobacco, Van 40c Trans-Canada Corp. Fund, 4VI% 57o Upson 6% (quar.) Transamerica Leaf preferred Van Waters paid preferred (quar.) preferred 3% 25c A Corp., Ltd., class 4V2% 5% 1 4-10 $1 i7y.c 4- t25c Asso. 3-25 .6-14 $1.12%' (quar.) (quar.i; Utility Appliance Corp., 4-10 (quar.)__ B common Ltd. 1 1 87Vac 4- 12V'ac (quar.) Mortgage Co. Torrington Co. (quar.) Towmotor Corp. 3-25 4- 50c Y.) Corp. 4-10 20c preferred 9-13 2 1 5- ioc «quar.)___ Worxs "3-31 7-7- 7 common (N. Corp., $6 Van 25c (quar.) stk. 6-14 12- 5- 1 25c (Mass.), class Toronto Traders Vitamin Vulcan $1.20 25c 22»/2c (s-a) Special 25C 50% preferred Co., Packing 4-18 4- !'. (quar.) Glass S. Utah-Idaho (quar.) Oil "•"'V 1 1 4-15 56l/4c i»fd. (quar.) Co, Vicksburg. Shreveport Inc., common (quar.) preferred (initial series) 1 4-15 'i - 15. -1 1 1 Trust, Markets, Finance Tobin 4-15 after (quar.) 3 33- "4-; 1 4-30 - 3-15 H5c Clothes, Inc. (quar.) Top Canners Ltd., class 4-18 4-18 5- (quar.i. basis Feb. Fibre Trust 3-15 $1 Timely 1 „ Investment A preferred 3. 3-15 ! 5-17 „ (quar.) I.) conv. 1 5 (quar.i. (H. 1 $1 % quar.) class 4-' 1. ■" 25c 25c IZZZZZZIZI Mills non-conv. 5- 56V<c (initial 5% 55- ' 1 4- 3iy4c (quar.) quar. on Thorofare 10 (stock dividend) Securities, Inc. B Thompson 15 27%c (quar.)ZZZZZI common Class «, Bros, RR. New 4- 4- A 1st 36c (T(Tfonto)___ Time (quar.) General 30c 1 25c ____a (quar.) Thomas Industries, 7 $i!2l Thompson Industries, Inc.— *1 preferred Canadian (quar.) (quar.) Stockyards, 70c U. U. Universal 6-15 (quar.)_, Ltd. preferred United Stores $1 19 (quar.) (quar.); 7% United 3-29 $1.14 (qua"r.) (quar.) B 40c $1.75 Smelting, Refining & Mining, 3-21 30c . pfd. S. 1 $125 A 3- (quar.)___ preference series Utah . $4.56 U. 8 8 Pipe Line- preferred 5% 27%c 3- 3- 1 (quar.) U. 4-15 $124 preferred 8 Printing A Lithograph Co.— Rubber Co.. 8% S. Shoe (quar.) 4- $1.35 4% 4- (quar.) (quar.)_ S. 15c (quar.) (quar.) Textiles, Inc., 4% preferred (quar.) Textron, inc.. common (reduced) Tidewater 4-18 8 1 1 S. 5% U. 20c $5 4-18 1 3- 44- _ 4-18 5- (auar.) 3-15 1 (quar.jZIZZZIZI (quar.) U. 8 3-15 1 4-18 1 3-15 5- 1 3- 1 4- 8 1 5- 5- 4- 3- 1 3-15 4- 1 1 4% 3-11 37y2c 3-15 4- Third 1 1 5- ,preferred 4- 4- 4- $1.25 3-11 $1.75 • 5 3-25 $1 Co. 3-11 4-, 5 3-25 $i!i6 preferred 3-25 4- 1 $1 14 Utilities 4-15 10c 4- (quar.) $4.84 50c — (quar.) 1 preferred <quar.)_ $4.76 5-81- (quar.) preferred 4*/2% $1.28 Light Co., preferred (quar.) 5-15 1 (Bait.)— 4- 33/4% 8 $1.31 V4- Lines preferred (quar.) Texas Power A 1 . 93%c 8 Transmission Common 66- '"/ (quar.) 3- $1.25 Gas 3 30c 47," 3 4- ioc A Playing Card Plywood, common S. 3- preferred preferred 4- B U. 1 $1.27V'2 (quar.) preferred I 1 $1.12% Co. (N. J.), 4'/2% 1 preferred 4.96% Co. 4- $4.64 5.40% preferred S. Lines S. 4- $4.56 Thomaston S1 25 ,--111111" 8 ; (quar.) Texas-Illinois Natural 3 5- 1 Terre Haute Malleable & Mfg. Coip. (quar.)_ Texas Electric, Service, $4 preferred (quar.) Texas *1 ; preferred' (quar.) 5.10% preferred (quar.) Gas 4- 5- (quar.)__ $lD6Vi 5% Texas 3-25 4- $1.22Vi 6- 1 1 93y4c 4- 6- 4- 5- 37'/2c ' Machinery Industries, common 4V2%. 3-20 10c 62%c (quar.)___ ' Hoffman U. 1 (quar.) (quar.i 25c Inc.__ common 4- A preferred 20c 3-25 $1 preferred 3- 3 5 3-25 Co. 33/4% 1 5 12-20 4-15 4-15 5 4- 4- 1-10-58 8 $1.16V* 4- 9-20 3- (quar.) 4-30 10-10 3- 3-14 preferred Gas $2.50 1 3-18 preferred 3-ZO 6-20 I/ 1 5.12% 3-20 7-20 -.7 JlOc (quar.) class $1.0272 (quar.)_ 5.25% preferred Tennessee Natural : 4-10 ' 1 4- 5 $1 $2.50 - 4- 8 3-11 1 2-28 3-13 4- 8 4- Co., U. 8 3-30 4- 2-28 1 35c (quar.)__ 3- 1 .3- 8 4- $1.50 Tellurlcie 3- 3-2J I 4- 3- 4-15 (quar.) (quar.) Publishers, Co., com. preferred (quar.) S. U. 45c preferred U. 3-15 30c Cos (Ohio), class A__^ pfd. (quar.) 4.50% 6-14 2 4- 7 (quar.) preferred (quar.) 7% 3-19 50c Freight S. Gypsum U. 1 3-29 Y.)—•- (quar.) A Chemical S. 4- 6-26 A preferred Foil 7% U. 8 4- 7 (quar.) Machinery, Borax S. 9 - '4-1 Class B ; 4- 3- 50c S. U. 1 ——J32'/2c Insurance S. 50c $2 Ltd. Envelope (quar.) Fidelity A Guaranty Quarterly U. 8 1 4- S. 9 5- 4-15 37'/2c preferred 4y2% 4-3.4 i> J50c common (quar.) 4% preferred (quar. Taylor, Fibre Co., 4% conv. pfd. (s-a)__ Co.^ Taylor-Colqutt non-cum. "v 2oc 1 " ____ U. 7 3-15 ' 1 4-12 _ 6% 4- $1.06'/4 Special 11-29 4- 3-29 H.) Shoe 4- 4-15 N. United 4- i7Vic (quar.) (Concord, United 9- Mines Accident A 1 50c (quar.) (quar.) B 4.90% Life 3 1 3-20 3-20 7- Hill 3- 4- . 1 $2.50 Keno 6- 10- 10-15 1 7 Extra 1 1-1-58 ' 15c United 1 - y 77-15 15c , 4- 50c 4-15 • 75c (quar.)____ (Brooklyn, N. 4- 4- -8-9 1 $2.50 7- 50c Bank V 4- Z t75c : 4-12 5- 40c ' 7 Jersey RR. A Canal 50c common 4- 15c ' ; !4-12 7 ' / 7-.;i3%c — New 50c Products, I Quarterly Quarterly Quarterly 3-20 $1.16 4-30 ' United United (quar.) 1 a - Co $1; 11- (quar.)__k— 7. ...7 com. .775-15 z vfz; 7 8- . (quar.) 3-22 ; r 5-i! 87y2c (quar.)_^ preferred Quarterly 2 $1.15 I _ 4V4% 3-20 62Vic (quar.)____________ pfd. 4-20 35c t8lAa pfd. 4-19 25c * $1.12Va 4-12 trust 3-21 (quar.)_ Co.— Quarterly 1 (quar.) t$l 50 (quar.) International 4- preferred 1 preferred Spokane Corp. Improvement, preferred 1 4.25% Corp., Gas Gas 4.65% $0 2656 com. (quar.) convertible United 3-11 ^6-1 1 United Fuel Investments, Ltd.— 6%. class A preferred (quar.) United 6-15 777 7 4-15 - 3-18 2 ;• • . 8-31 (quar.). J$1 Tamblyn (G.), Ltd., $5 Co. ' -4- •; 3-20 3-11 *>• 1 10c . (quar.)___: Fruit '■■■• 4- 5- — common 3-21 4.64% 4-30 —_I United Tool, 774--1/ • t / 7 4-- 5 '-"74- L -7£ 87V2C .,. (quar.)___ 4-20 4-20 •5-1 " 87'%c (quar.)__ A 3-20 (quar.) Inc., Taylor Drill 1 1 28c (quar.)_ United 4- 4- 60c Electric— A Talon, Utilities— preferred preferred 4-16 3-18 22ViiC (quar.t___ com. (quar.) (quar. t A 1 5V'2% 6% - 5-15^ 7- 7 5-15.: . $1-. •. (quar.) United Cities ? 4-20 ; 7 -7.7 . . 7 4-20 ■ ' (quar.) $6c 1 20c (quar.i Investments 4-17 4-15 5- preferred 1 4- 10% (quar.)! preferred 3-15 5- preferred Rand 1 5gc preferred G.) 4- 59c 3.90% Common 3-20 4- 15c " 4.15% (A. 1 4- 4- quar.) 4.28% preferred " Southwestern Life Insurance (Dallas) (quar ) Public Service— 3.70% preferred (quar.) Spalding 3-15 28Vic Ltd., preferred 54- 50c Southwestern 4.40% 1 (quar!) A preferred 4.60% 44- __ Insurance preferred 4.65% 1 ''4- quar.) (initial com. Corp Gas 25c preferred preierred $1.13 preferred (quar.) class A (quar.)__ (quar.) preferred (s-a) 7_7.__ 3-15 41 Southwest Lumber Mills (stock dividend? Southwest Natural Gas Co., $6 pfd. A Southwestern 3-28 (interim) 5V'2% 4- 5(,v4c (quar.) stock 1 4.60% (quar.i Life 4- convertible Preferred (quar.) (James), Inc., Class 57V2C _ pfd. (quar.) (quar.) preferred 5% 4-19 (quar.) preferred 3-29 12%c — Ry. Co., 5% 5% 4-30 3-18 9-15 5-16 *$112 V% convertible U. Talcott 3-29 7_Z (quar,)_—__Z—II— Power Co. preferred 3-30 $1,12M» (quar.) preferred 10c 7. "JyJ'Z -' *.V' 7 60c (quar.)-1 Jl $3.50 3-25 Telephone Service New England Telephone Co. (quar.) Indiana Gas A Electric— Southern $4 4-30 $1.25 __ preferred 1 of America— Co. preferred 4-15 % ♦% - . $3.50 Z3-18 4- Biscuit . -- 3-18 I Quarterly 4-15 (increased) Water, preferred 4-30 27Vic (quar.)— 4.08% 3-25 1 4- 3-29 1 HOc preferred (quar.)___ Colorado Power, com. Southern 4-15 5- 20c partic. Southern 1 $1.37 I (Canada) series Quarterly Quarterly Sylvan'a Electric 10c . 1954 A 1 4- (1955 > .,73-20 "4—'lv -7:3-15 15c ~ 77/ series)%(quar.).___^%. series) (quar.)_____ 7 (1956 preferred $4.50 . Z!! .7 .7 20c —4. (quar;)— 20c Ltd. z'7 i'i Z';>4- l.Z ' 30c ' • (quar.):—* United Cijgar-Whelan, common (s-a) $3.50 convertible preferred (quar.)_ . (quar.)__„_ series preference 5% (quar.) Company 5% 4-10 70c (incr. preferred (quar.) V4 % preferred (quar.) Southern 6-15 1 _ 4% 2nd 6-29 4- 10c Supercrete, Ltd— 1 , (quar.)_, 4.56% 4.72% 25c 25c 25c Superior Propane, Ltd., $1.40 pfd. Supertest Petroleum Corp., Ltd.— 4-18 4-15 _ Service preferred 3-12; 6-10 3-18 f25c common Edison, (quar.) 4.72% 1 1 3-18 3 62V_<c com. Power 4- 7- 2 4- 5- 4- ___ —_— Canada 56c 56c ' 15c (stock dividend) _____—% 4% United 3-18 <4-2 60c _ California Southern 1948 t50c com. pref. Southern 1"" (quar.) 3-ia " -;87V2c : —- — Corp.— 4%. preferred - 3-26 ______ Mines. Supermarkets 5.40% 5 4- (quar.)— preferred 4-11 50c Sugar, California 4- 1C0% ZZ_ 4.48% 5.44% 4-15 12Vac Telephone j 7, 4- Corp. of Calif. (quar.)__ Valu Stores, common (increased) 5% 2-28 $1.25 Pittsburgh Water Co.— 4Vi% preferred (quar.> Southern 4- $1.25 . ___ Aircraft 4-16 31V<c '4-'-1/ k_-—_____ $1.12 Vz 7—$1 Co._ Drill Twist Air Lines 5-15 Z 7 (s-a)^ United 15c common preferred United 3-29 split i 3-21 3-21 7:4-15„. preferred. {quar;)da_"_-__.—.—92Vic Co. of Canada, Ltd, (quar.).__/._ % t35c Investment 4% j Union 3-29 Mold 8wlft South Southern 4- A- 25c new preferred A 3-11 $1 _ 7 5 4-10 ' : 1 Gas 3-15 17 4-15 : (quar.) ; 2-- • 1 »-;tloc 7 ' (quar.;__* '*■ ,,Union Pacific RR-, common 4-16 25c common 4- 50c ______ . Consolidated Chemical, $4.50 Sun Life Assurance J30c (Charlotte, N. C.) Georgia Natural Gas, Southeastern Sun 3-11 fl5c , (quar.) (quar.) Public Sullivan 4- ll'/ac _ (quar.) preferred A Southeastern 5 /_5=_L---~/4v10 tlV2c common $3.70 5-15 7Vic " 44- ^ 25c ..'7.f',*J 7%- .r 2nd. pfdi Co.— 4- 4-1 5- c; 40c Y.)_'_ (quar.) 20c —— . Union 12-14 6-16 Corp.,/Ltd.— partic. (quar. b— preferred (quar.)__:— $3.50 preferred (quar;) - 5% (quar.)__ Clothier, A $5 preferred 20c — A 12-31 i 40c 1 1 3-23 > -4-1 •74771 $4 9-14 ■ $1.25 Strathmore Paper Co. Electric UniiMi 6-29 f25c 4- 4- 4-15 (quar.)___ $4*50 preferred / 3-15 9-30 :—_ (N. Stop A Shop, Inc. (quar.)_^—.— Stouffer Corp. new com. after 2-for-l (Initial quar.) __1 J56:4c (quar./ ' 3-20 $1-25 $1-25 4-15' 7 62J/2c __'2—' (initial) non-cum. Union 3-20 , '$1.25 - -' 4-15 . 45c (quar.)_ (quar>_____i-_.— Acceptance Common - 3-30 (quar. 4- — (quar.) dividend 3-19 preferred 3-29 f$1.75 class 4-10- . 8-15 11-15 62%c M (quar.)— 5-15 .11-25 ' • Udyiite Corp. 3-22 r 4- prior preferred convertible 3-22 3-19 .. 3-19 8-26 3-29 1 - 1 5-24r ! 4-15 "1 4- 10c $4.25 City Rapid Transit, common (qtwr:)__' 208 South 4-15 "4- i: , 2nd 4-29 Gas, . 1 5% —. Twin 4-15:. • (quar.) 8tokley-Van Camp, common 5% preferred (quar.)__ 3-18 4- 3 1 1' (quar.) 3-15 (quar.)—__ common (initial) preierred new 3-26 1 4- • "3-19 50c 50c 37y2c $l.l2l/2- 3-26 4- 50c • 1 of New Jersey Co. Trust ' • 4- 50c 4-10 25c ^ Trust — , oreferred 4%% r 5 -3-15 (quar.) :—i~: Temper 2 4- 2 30c 67'/2C ; 4-10 d 7Vic (guar.)—_—1__—% A common (quar.) preferred ; 4- 4-15 4- (Jersey City) (quar.) 29th Street Towers (N. Y.) (liquidating)—- 1 f (quar.) f50c (quar.) 4,60% 3-29 4- 10c .. — Stock 4-26 10c ___ Co. Stores, Sugars, A 3-15 J25c preferred Southdown 3-15 3-18 J15c (quar.) 4.50% $4.50 3-15 A- * ____________ '• common (quar.) (quar.).. South Carolina Electric & GasCommon (Increased quar.) Sperry 3-15 1 15c (quar.)^__"_l____ (quar.)^I_: Bank 1 (quar.), preferred Inc. Motors 1 __ preferred 4%% 1 *- 15c ________ Brewers, 4- (quar.) Porto. Rico 1 4- - 8omerville, Ltd., $2.80 preferred (quar.)_ Sorg Paper Co,r 5% preferred - (quar.;——, Special 4- True 10c National 4- ' _ preferred (qnar.) Steel Parts Corp.-; Stock dividend. 5 O.) Corp. (quar.) (Howard) Paper Mills Ltd.*~ 4.40% 25c. $0.1719 ^— (quar.) 3-16 1 Co.— com. ' (quar.)____—____—. Canada 4- (A. preferred ot 4- _ Atlantic Ltd. Bros. Co. $1.13 interest dividend Drug Steel 12Vac in-' (N.) Co. Ltd., common (quart) $2.12 preferred (quar.)_____ —_ 4.36% 3-15 ' - — Stedman 4-10 $1.25; Sinter 5% 1 $2.70 - 4-15 31'/4c 7oc Trinity Universal Insurance " : (quar.) (Canada), Skyland Life InsULanoe preferred 4- - 23c 50c prior preferred (quor.) preferred A (quar.) Sommers 2 i*/-*, ,. — Aircraft 3 4- 2-21 2 30c . (from A preferred 6-14 3-11 _ partic pfd. (quar.) Ltd. (interim). 814 Superior Co., common Skenandoa Rayon Corp.— C% 4- 7t37V2c _ — 4-1 '< . Mires, 8% Quarterly 73c _______ Traung Lithograph—0.~f, preferred (quar.). preferred (quar,)_l_ 5% preferred (quar.)--- 3-11 u, _______ $1.50 South 3-15 $1" pfd. (quar.) (Del.) 1 ; Common 6- 4-25 4- 10c Sons, Ltd.——TSioux City 8tock Yards, com. (quar,)—. Stock Inc. Shake, 3114c com. (Boston), Dairies, (II.) 6% 1 933ic 5% 4% . . (quar.) B Simon South 4- .j ' 5% 25c- (quar.) 434% preferred Silverwood 5% ^ -— (quar.) Stecher 3-21 3-21 4-10 25c (stock dlv.) (quar.) class A (quar.) Inc., 3-21 4-10' Products Home n 4-10 25c . $l,183/4 7-_: $1.25 preferred Shultou, - (quar.) - 1 ^ Gas Sherwin-Williams class A 4- preferred ceries B (quar.)—. Shawmut Association (quar.)—— Sheraton Corp. of America (quar.)- Soirth Ltd. Class B (quar.)—— Standard-Thomson Corp., Radio Ltd., 4- 4'/2% 50c Quarterly 25c ' Trust preferred $2 5-20 4-16 —12 »/2c ;— 4- (quar.) —x.: Bhawlnigan Water A Solar /J ' „ 1—.—— — Properties 6- (quar.)——'— (quar.)— Shareholders 8mith Z ^ Materials, A Products 30c Shares, .Inc. incomei Co. Shamrock ' Standard Standard (quar.) & American vestment Shaler • Standard Paving Standard 4-16 3-13 ■ preferred A: (quar.).., prior preferred (quar.)— 8el»8 Corp. of America, 50c 2nd pfd, (quar.) 4 4-16 4-16 1! 1 5% i{jl: 1 1 4- 4%% $6 5- 15c Security Storage (Wash.) (quar.) Security Title Insurance (quar.) ___ Sciherling Rubber— •;♦. .♦•'/'.a.'. Smith ; — (quar.(__^________I_—1_— 5- 1. . Acceptance Corp,, preferred (quar.)—. 5% — (quar.) 50c - . . s Securities 5% : (quar,;_____.___r/$1.12fA A Western Airlines & Roebuck Sisco 3-20 3-29 _,,?c (quar.) 15c (quar.) A (Ohio) preferred 6% preferred - class (quar.)____ 91 %c :_i — sinking fund preferred (quar.)— Silex B 5- $1- a___ series (quar.)_ Seaboard Finance, common $4.76 preferred (quar.) 7% 4- 4-23 pfd. $1.25 Co., 4-15 (quar.) ' Scullin 4% Class - 85c •" ... Scruggs-Vandervoort-Barney, Inc.— Sears Holding, Standard SI (quar.)_ Mfg., common (quar.) 3.65% preferred (quar.) $5 Tri-Continental Standard Paper Mfg. Co., common———1_ 50e __ 3-20 ________—$1.40 4- 3-19 1 27'aC —; , —, 1 ; (quar.) 4- 75c - of ReCt IV2C — loc (quar.) 4- Standard Oil Scovill ; 1 partic pref. Participating Trico 10c . ——.———h——- ■ 4-15 . $3.40 $3 4- 25c ' Paper Co., $4 preferred preferred (quar.) $4 i $1.18% - preferred A (quar.)—_ preferred A (quar.) Scott A Fetzer. (quar): Scott Extra 3-18 3-30 4- 3-15 5% <quar.)„ com. Products 4- 50c dividend) (stock $1.0014 — _ ' 1 4-12 si 15c . 2 Forgings Mfg. Co Products TreeSweet 8 10c — «quar.)_—_ (N. J.) Insurance 3- Tranter 3-15 4- 6- (special) 1— common <quar.)__ 25c : Schield Bantam Schwitzer Dredging, preferred 4- 25c <quar.)—: Holder* Payable (Del.)— Inc. (increased)__— A Class 3-15 4- $L75 $1.06 .4 50c 50c Springfield Pire & Marine Insurance (quar.) Stahl-Meyer. S2-S5 prior preferred (accum.) When Share < Caribbean Airways, Trans Springfield Cit7 Water Co.— 7% preferred A (quar.) 4'/*% preferred E iquar.> 8 4-15 25c (initial) common 3- 24c (quar.) —_ (quar.)_ Electric A 1 4- $1.10 common preferred (quar.; 4v4% preferred (quar.) Per Same ot Company Payable of Rec. Share of Company Holderh When Per , Same Co.— 5% Savannah Holdern Payable of Rec. 50c common-i'__"__;i._U_ ZZZZZ • 4- 1 3t29 20c 4- 1 3-22 $1.25 4- 1 -3-23 Number 5625 Volume 185 The Commercial and Financial Chronicle .., Per Warner Warren Pictures, Inc. Co. (quar.)— Bros. Bros. (quar.) When Hoiaert Share N<me of Company Payable oj Rec. 40c King Corp., common (stock dividend) convertible preferred (quar.) Motor (quar.)— Waste 6% Inc., Knapp, 5% 4% Oil & Snowdrift Wesson 4^l0fe 1 "75c . 6-10 4- 35c 7 ;— — 3-15 $1.02 Va : 4-15 ' Virginia Pulp & Paper (quar.) West Virginia Water Service— -7 ,, $4.50 preferred (quar.) 1. 40C ,4- 1 4-1 (quar.) 3-11 3-15 4-1;; $1.25 ,— Assurance. (Toronto) t70c .4- 3-15 7 1 & 4.80% pfd. (quar.)_7 Western Department Stores (increased quar.) Auto Supply, Electric Western Co class awarded were 3-20 5-20 74- 1 4-17, ; of to the group March 28 on *35c 3-15 4-15,7 of : (accum.) . (quar.) preferred $6 $2 . ; ____ Common ■47 5-1 $1.50 4- "*'i% 20c common —i -mf Western Maryland • Co., Insurance 4-15 - non-cumulative 2nd preferred Western Natural Gas— 5% (quar.)— Western Tool Western Union B 6 4- 25c7 . , 4--.T.' Trust, , pj' -1 Common (quar.)— 3-12 1 1 4-26 7- 4-15 30c — 2 4- 1 1 3-15 85c Paper White Hardware Ltd., White Wieboldt 6% preferred 50c & Co. 4- 1 1 3-22 (quar.) 4- 1 ; 4- 1 4- 1 3-20 75c 4- 1 3-20 $1.06 Vi 4- 1 3-20 50c 5- 1 20c (quar.) —' Common (quar.) :—— 4V»% preferred (quar.) 6% 5 5- 1 4- 5 5- 1 4-12 25c 8- 1 7-12 —- Common Wisconsin Electric Power, 4- 5% -25c (quar.) (quar.)^— common ,v. 1 —- 25c 11- 1 4- 1 4-30 preferred (quar.) .a.preferred (quar.) (quar.)__—- $1.25 $1.26 5- 7 ;—. I— ,5.04% V Wisconsin Southern Gas i;a .4% Wiser Oil 75c Co.- . 25 c (monthly)— (Wm.) Jr. Wrlgley . 1 C., and capacitors ; European for and. other 3- 1 4- 1 * • : ' " _■ ^ totaling for $27,500,000 its Astro 8 Yellow 6% Manufacturing Towne Cab Co. Youngstown Stock (quar.) Foundry 37%c 37 Vac Francisco) (San York Water Co. . (quar.) Co., 6% preferred preferred (quar.) Yellow Cab .. (quar.) each for Standard four Stock held. shares Rights Exchange.—V. 185, will ZtJler's Steel Ltd. ... Machine— 7-31' < Standard Milling 4^10 7-10 4-30 1 Quarter Ended-K from sale of 4-10 4- 3-15 not dealt be in •Provision for Fed. service ported 3-29 5- $30c 4- 1 $4,670,388 Feb. 29, taxes State books 87,776 77,044 - profit 1, "Dec. $71,252 to 1955 reclassified 1956 include to $68,113 State quarterly for this aLesB British income x Less Jamaica jr Previous date The tax. date record date wells oil was incorrect. The is indicated here. corrected payipesv at 1956 annual natural General Corporation and oil crude Investment News Hobby, Inc., Savannah, Ga. With Securities and Exchange Commission— & — Files The corporation to $4.33 share, 4% for capital. working and fixtures and furniture inventory, of Other In reserves. totals record included the those net of and 10 net its years 1956 earnings substantial company's the fcr worth of 1956 year ; fLife - this for stock held second billion $1.9 in charges —V. 185, p. 1050. 3.665,639 facilities $7,709,307 7,294,633 8,142,975 - in will company increase probably For the $1.71 or Mr. share, Nichols period were reported The rate. from out P. told for the company 33 656. the cents about up from 1956 the $40,776,000, With 28, ending Feb. year per share, for the like period 184, Chairman and William hundred operating Analysts an revenues is Feb. 28, 12-month $36,543,000 for the increase of $4,233,000 over the ended currently earnings 1956. paying dividends at - in 125,000 gross acres of of the two companies than a 35-cent quarterly dividends to of rate p. stockholders."—V. 185, a with mining a contract for gas on t referred to in the ... , key to Pacific as been gauged at a rated potential day. Pacific Northwest Pipeline will based on 25% of rated capacity. of "take or pay" for Management True Grand President, Junction is making plans immediately to drill • ;•. from preemptive employees. names of which ' of (t), a ' $400,000 ^. $400,000 -7 rights been ' ; been have v\- under "> , company's 1957;' Excludes 2,188 shares • • •. > of Selling 5,800 16,035 5,800 16,035 1,400 1,700 Inc & L. The I. 2,400 2,400 2,000 2,400 1,400 600 1,700 ' 700 ' 2,000 800 900 ' Clark Hawkins & Hentz 900 & Co 1,700 1,'700 2,000 2,400 1,400 Co 2,400 Co 1,400 i,700 4,000 4,800 800 900 M. Kidder Lee «oo Co., Inc, Higginson A. E. Masten McDonald J. & & & Co., Inc._ Co 900 800 900 4,C00 & 4 800 600 700 Co., Inc 2*400 • 1,400 Mericka & 2 400 2,000 l',700 ' 1,400 2,000 2 4(-0 800 & Co Prescott, Shepard & Co., Inc C. Roney & Co Ross, Borton & Co., Inc feet a J. N. Russell & Co., Inc Saunders, Stiver & Co., Inc L. B. Schwinn' & Co Scott, Horner & Mason, Inc Singer, Deane & Scribner Suplee, Yeatman, Moslqy Co., Inc. Thayer. Baker & Co Walston & Watling, —V. 1 1,700 1 Turben Win. s ; 2,000 Co Co Mullaney, Wells & Co Nauman, McFawn & Co Paine, Webber, Jackson & Curtis 1 ' soo 800 Corp Livingston, Williams Merrill, additional & Laird, Bissell & Meeds with ! 700 2,000 Co . 1 700 600 & Johnston, Lemon & Co Joseph, M'ellen & Miller, Inc Kay, Richards & Co A. & 900 900 2,400 1,400 Co Miller 7 V • ' 1,400 Corp i 900, 800 Co.^ Marache & Hayden, & Cleveland 1 900 2 400 2,000 Emersoi^& Co., Inc First Goodbody Granbery, H. Co A. 7 2,400 ' 2,400 2,000 ^ & ' 900 2,000 800 duPont ■ 1,700 800 Co '7 900 1,400 Co.„ Co.__„. & 800 2,000 Co Simonds & Burge Fahey, Smith ac 7 7 7 have ' . , of the leases will be handled by Sterling Oil, Jesse stated. He said that Sterling has opened an office in and 7 1(971,478 8hs. iootnote Cruttenden, Podesta & Co 2,000 Cunningham, Gunn & Carey, Inc. 800 Cunningham, Schmertz & Co., Inc. ; 800 Curtiss, House & Co 800 Northwest gas 7 -, , i250,000 $600,000, in Courts & Co. equal 14,000,000 cubic 7 . Shareholders Julien Collins rate of 12c per increasing at the per MCF during each succeeding five-year period up to a price of 15c. The acquisition included two completed wells have - ,? the underwriters and the respective of the common stock which each has severally agreed follows; E. W. Clark & headquarters in Tulsa, company with interests delivery . amount Campbell, McCarty & Co., Inc.„ Securities Corp more Coupled » « ' 7- Carolina 385. March 24. !•"■> $1,000,000 250,000 & Kraus Blair & Co., Inc H. M. Byllesby & Co. (Inc.) have completed the acquisition of more oil and gas leases in eastern Utah, announced Outstanding ~ V* .> for shares Ball, plans to expand its by the addition of 185, FINANCING ■' / treasury. Baker, volume . as released plan Bache Co. which provides for payment at the cubic feet of gas for the first five years, lc maximum per is transaction Pipeline thousand producer Inc., Resources, Giant and gas in Colorado and South Dakota, which payment last year the rate was increased 35 cents. Mr. Nichols said "it is our policy to pay of independent oil and Okla., the 7 Lestrange & Co Auchincloss, Parker & Redpnth__ Co.—To Increase Facilities— thousand dollars.—V. PRESENT Fulton Reid & Co., f on in¬ \ share have been paid $1,000,000 Arthurs, outlays C. 1935. §1,500,000 shs. policies shares Francis 1626. p. officials 1957, the company earned $8,210,000, net income of $6,777,000, or $1.51 per The fiscal year ends Aug. 31. TO Amott, Baker & Co., Inc its oil equal to $4.81 $157,117,828, per income profit, a since Glore, Forgan & Co.. to produce solid several be This December to 75% a period. its quaiteily dividend rate told the St. Louis Society of cents net and made year Shares by in three have has Company Sterling Oil of Oklahoma, Inc.—Acquisitions, etc.— This 7% EFFECT collateral. as Wm. later this year, H. L. Nichols, Chairman, Financial Analysts on March 21. $23,587,000 in pledge insurance McKelvy Southwestern Public Service Co.—May Raise Dividend of ' • > / Shares by caustic soda. The engineering work has been completed and it is anticipated that the new project will be built and operating within the next four months. Total new investment will GIVING payable prior purchase is higher $149,431,710, were March 20 announced that it soda-chlorine plant at Henderson, Nev., company caustic $8,584,489 income after dividends UNDERWRITERS!—The President since 1945, will remain Chief Executive Offi¬ of the Executive Committee. He is the first Chair¬ since 1925. Merrill H. Utley has been named Stauffer Chemical The 7,581,877 - of company collateral. option company President.—V. Vice 27,778,277 4,010,326 - sales The dividend in each a • 1956, the company re¬ $26,433,000 and net income of (par $1.25) to as §82,576 Chairman and 8,344,942 taxes notes stock assigned (Kentucky)—Changes in Personnel— has been named Violette Violette, Mr. „ with 1955. food management a 31, Authorized subject ago. share. This compares with 1955.—V. 185, p. 1323. G. 30,284,042 taxes operating . fiscal July of revenues compares in ended since Common President. cer $46,735,300 $51,223,799 expenses operating Net Net 1957 _ — operating and operates institutions; and year quarterly installments of $50,000 to and including June 15, 1958 capital outlays exceeded for development of new addition to heavy production Co.—Earnings— January— revenues Federal income 20% discloses in Detroit. one company H. a Telephone Southwestern Bell Month about run company in expenditures for crude chemical-products activities. Yorktown, Va., at Standard Oil Co. man Operating Operating to the indicated and per for Willis as thfe sales, and paid serial on 10-year Junior subordinate debentures to be offered in denominations of $1,000. The stock will be priced at par and the debentures at face amount. There will be no underwriting.. The proceeds are to be used and billion $2,425 of doubled Standard's March 13 filed a letter of notification, with the SEC ©overlng 12,500 shares of class A common stock (par $10), 750 shares of class B common stock (par $100) and $50,000 of 6Va% • and promissory note payable in quar¬ terly installments of $31,250 beginning Sept. 15, 1958 to and including June 15, 1966 1 a Figures assets than Southern Toy Y. 7 new ammonia plant in which it has a 55% interest, and octane-improvement facilities at its refineries. in the company's report reveal that the company's total years, for for major (Continued from page 12) expected are $292,000,000, are year's last refinery 1 of production production new a total increases gas expenditures, for companies CAPITALIZATION , past four years, Standard Oil's of which about half have gone the billion, $1 City, N. will be used to pay reimburse the treasury for restaurants, one in. New company to new 4 V4 % report. Substantial Over abroad, and record 1956's the, 1 a home than and the is company $1,000,000 Of paid the planning capital expenditures that will average day throughout 1957. year's outlays for property, plant, and equipment, including new This almost tax. income published and/or non¬ to three (Indiana)—Continues Expansion— Standard Oil Co. tPayable In U. S. funds, less 15% Canadian non-residents tax. TPayable In Canadian funds, tax deductible at the source, resident tax 15%; resident tax 7%. be tion, number of dividend, fchare. per October, 1954. A cash dividend of 10 cents a share April 30, 1957 to holders of record April 19. In addi¬ paid a stock dividend of 4% in January of 1955, 1956 and 1957. ...i ,« ; •• will income taxes.—V,-185, p. 656. closed not $14.50 tf After two-for-one stock spilt In March, Net 1 of equip to in Garden DIVIDENDS—Cash 145,117 income on and This its $4,306,815 159,028 and price a distributes frozen foods $1,058,000 of assigned Feb..28,'57 ' Febv'29;'56 -.•><-* ;■ 38% own large total creased to •Transfer and for $1,086,000. 4-15 5- 50c (increased). 1 4-15 100% 1 u; i services and at ♦Life insurance policies in the amount of income taxes- before Profit in •- on Co.—Gross and Net Higher-^- goods Income ,j, (quar.)— Door 4-30 30c — dividend— Youngstown 7 < City, prepares 1432. p. 3-14 i 20c (quar.)-— — & 37VaC , silver, lead, zinc,- and tungsten mining Nevada, and the Floresta mine In Gun¬ and group 5 which offered publicly, on issue of 215,270. shares of $1.25 par value an stock one is & 27 . the-New' Yprk Yale coal, BUSINESS—Currently the corportaion operates 18 restaurants; two New York, four each in Chicago and Cleveland, three each in Philadelphia- and Pittsburgh and two in Detroit. In addition, Stouffer Co.—Rights to Subscribe— to offer to it3 common stockholders of record April 2, 1957 the right to subscribe on or before April 24, 1957 for 540,651.75 shares of no par value common stock of Pittsburgh Rys. Co. at $6 per share on the basis of one Pittsburgh Rys. share . in Astro proposes company directly -i v underwriting ; York a and ,V , organized was $500,000, - arc miles 35 . ^ EARNINGS—For Compass about include gold, costs, aerial navigation orders uranium, PROCEEDS.—The net proceeds short-term notes aggregating V Burke, President, has announced that at awards in Colorado expansion markets. . is selling stockholders who will of the outstanding common stock following completion,of the offerings. - capa¬ I ^ in continue to Co;, Inc.—Debenture Holders Standard Gas & Electric 3-20 1 4- ' Coil Products This Alabama. of diversified for the account of certain concerns foreign Coast. field a offered, 90,000 shares are being offered by. the company and the remaining 125,270 shares are being sold new a oil, shares $2.42 Two Gulf this eights .under 232,967. acres Mississippi Sound area, one of the the oil of of mineral , , ' ... This 3-29 4- Vt. Barre, the company interests March > systems from the U. S. Air Force and further expected. ,y i.Jy \11 Other modifications provide for further restrictions to provide deben¬ ture holders with additional security.—V. 185, p. 1158. .,4-15 4-15 25c ' production 4-15 pfd. (quar.)— of 656. p. James O. 4-15 5-1 < tract 3-18 $1.50 '* Wisconsin Public Service— .5% 185, Tracker 10-11 $1.06V4 - Jefferson, N. an meeting held on March 26 holders of the 5% convertible subordinated debentures, due Dec. 1, 1967, -approved proposals to modify certain provisions in the indenture governing the debentures, by an affirmative vote in excess of the necessary 66%%. ' y The major modification will permit Kollsman Instrument Corp., the company's principal subsidiary, to obtain unlimited V-Loan financing to expand its production. At year-end 1956, Kollsman had a record order backlog of about $60,000,000. The firm recently received con¬ 3-17 .1- Inc., ' 3-20 $1.31% :— West Approve Indenture Modifications— 3-22 4- ■■ (quar.)— dividend Stock ' at Standard 8 (quar.)__ WilliamsiMcWilliams Industries, Inc. Wilson < t' 8 3- (quar.) preferred 4V*% 3- 1 t70c 1st pfd. $2.80 Co., 5Va% preferred Stores, common (quar.) 1 4- ;— ———f Motor 4- 75c Whitaker —V. 3-10 4- $1.25 (quar.) com. (quar.) (quar.) prior preferred $5 $1.75 * 3-10 4- facilities manufacturer 3-15 4- 1 , 7 50c ; share per largest item in 1956 capital expenditures of $1,630,799 was plant at Concord, N. H. Additions were also made to in royalty the 15 all Stouffer Corp.—Common Stock Offered—Glore, I or¬ gan & Co. and Fulton, Reid & Co., Inc.,5 jointly headed 1,241,712 -. overriding On Feb. c 3,003,128 1,242,712 lV+% a operation. or • 6,040,828 2,176,297 retains County, Colo. - The company, also has minor oil interests Qsage County, Okla. and Kimball County, Neb.—V. 179, p. 1050. : • ■ :• : : ' ' acquired during the year—Dynacor, Inc. of Kensington, Md., spe¬ cialists i nmagnetic materials and parts, and C.R.E.A.S. a Milan, Italy, 3-22 *7 VaC ,4,208,997, . — set Inc. nison • were 3-29 25c citor .6-10 20c : taxes—_— - shares it other in Citronelle The properties $44,659,844 $44,353,042 -a. — before income The 3-26 4- $1.25 — (quar.)— —- profit Earned 4 4-15 *7 VaC Shoe Mfg. Wheeling Steel Corp., Net w tidelands interests common 1955 - • transistor 60c (quar.) Weyenberg Profit 2- 4-15 $1.25 — Telegraph 3-15 3-15 7 ' 7 — sales 1956 Resources, Dakota. Other v (& Subs.)—Earnings Off—; -X1: and South box . said, mining company with owner¬ gold, silver and other mining as Mountain Top Mining & Milling Co., later merged with Giant Mines of Nevada, a company listed on the San Francisco Mining Exchange, and changed its name during 1956 to Giant Resources, Inc. In 1956 it also acquired opera¬ ting control of Edgemont Mining & Uranium Corp. which, is currently producing and delivering approximately 5,000 tons of uranium, ore per month to the Atomic Energy Commission uranium liiill at Edgemont. s -• 500 steel-sheathed, wood-lined estimated to cost $4,619,000. - ' by Sprague Electric Co. 3-15 4-1 Commission. Year Ended Dec. 31— 774- 3 Corp,— Stamping & , -• Commerce Interstate the certificates, also ••' y :c •••;•*• 7 ;*r. subject to the authorization are and Resources, Inc. is properties. 99.288%- for -V-' • certificates Giant for , i Participating in the offering are—Drexel & Co.; Eastman Dillon, Union Securities & Co.; and Stroud & Co., Inc.—V. "185J p. 1323. '5' /£■,<'' y1. /«» i : « . :-.o Vn1'*' ' k • 1 l! 3 j. -4-$ 37 Vac v.5 15c;, Westmoreland, Inc; (quar.)——_— Weston (George) Ltd., class A (quar.)_____ Class 4- ■ a7%% & Stationery preferred (quar.) preferred (quar.)__ '•75% 3 V? ;, (final) Western Tablet Common 6 4- 6- 7 ■ bid Inc. issue is to be secured with nailable steel floors, Net preferred (1952 & 1955) (quar.).^ •.— Plywood, Ltd., class B__—— Class A (s-a)—7_^ Western Stockholders Investment 5% 6 7 $1 (quar.) Western Ltd. 9- 4- 1st pfd. (quar.) 7' $1.75 37 VaC, (quar.)____——____ 1st preferred M4 7% Ry., 4% u M 20c —.r-v~— 6-15 Co. *■ the cars 3-14 ,1. , & sale of the and '; The , Life Western Stuart Issuance counsel where sulphur the of Giant ; :•'/ a,^3%S. 3-15 Western Insurance Securities— Class A ."Halsey, , 3-20 7 4-15r Venezuela, largest leaseblocks its bid of on is free of cost for development submerged south Hutzleivand 99.5513%.; 3-11 ' 90c +50c j_ 1'* 6- 7 25c , L (quar.) A (quar.)—: preferred 7% 7 '.r — Ltd., Western Grocers, $1.20 be balance Oil potash, gas, ' Western the the company acquired from the State of Alabama year, Equipment Trust Salomon, Bros. — and In interest, March 29 offered on Gillenwaters R. Maracaibo, $3,690,000 of 3%% equip¬ ment trust certificates, maturing semi-annually Oct. 1, 1957 to April 1, 1972, inclusive. The certificates, priced to yield from 3.40% to 3.75%, according to maturity, ■<' • j preferred (quar.)__ Associates 1 $1.12 Va - Offered Certificates 3-20 3-15 4-15 r,' :$i.io (quar.) 3-20. 4-15';" 4- $1.05 $1.12 Va preferred $1,250,000, price of Oklahoma has operations in Texas, Oklahoma and addition, the company entered the Cuban field in 1955, in partnership with Crescent Corporation, tbe Siboney Caribbean Petroleum Co. In 1956 Sterling obtained rights to approxi¬ mately 2,100 acres in the so-called fairway of oil development in Lake the — approximately purchase organizing June. ,Spokane, Portland & Seattle Ry. 3-20 T. Kansas. ship (quar.)_ (quar.)_i, involved represented 53 development. Sterling Kellogg, Jr., President of Spencer Kellogg, said if the merger the consolidation probably will become effective sometime capital shares, of which 1,222,110 were outstanding.-' • •* Milling produces mixed feeds for poultry, cattle and other livestock.' It employs about 600 workers in its1 plants at Cayuga and Eastport, N7 Y., York, Pa., Laurel, Del., and Broadway, Va—-V. 185, pi 656. ••• •* , •./ • *'• ' transaction $525,000 for Col. Beacon ;. 3-15 1,, merger The which aside authorized 9-16 .'4-1 *$1.75 the Cayuga, of both companies. plans at* meetings to be sched¬ directors by on of ' ' • V' "'• terms of the merger plan, holders of the 196/390 out¬ shares of Beacon Milling stock would receive 1.3 shares of Spencer Kellogg stock for each of their shares. At the conclusion of the fiscal year ended last Aug. 25 Spencer Kellogg had 1,500,000 6-15 10-1 vote Co. later. Under 3-15 50c will Milling Beacon standing 5-25 4-1 approved been and company approved In 3-15 50c : . West -$6 3-28 ;; 4- this merge have Howard is _;,_7 West Texas Utilities, 4.40% Western 1: Vic v, i \ (quar.) 4V2 %•. preferred 4- ■••V,. (quar.) preferred series C preferred series B 4,20 % ■§! 3-15 50c (quar.). preferred 7% 1 uled 1 & Light, Ltd.—. Power Wifest Penn Power Co.— " 4- (quar.) (quar.) conv. West Kootenay 3- 31 (quar.)_— (quar.) _r._.— preferred conv. preferred 4% ;:.4% 1 .. common preferred conv. 3-31 4- Y., to Stockholders 3-31 4-15 $1.50 (quar.) Weeden & Co., 4-15 50c (accum.) & Fixture— N. 1 40c t preferred $6 Showcase preferred Weber 4- wells. of 4-19 15c , Knitting Mills (quar.): & Webb 4-15 4 2% Waukesha Wayne 5- Sons, Inc.—Proposed Merger— Spencer Kellogg & Plans 30c 7 ___ (1561) 185, p. 1200. Co., & Co , 900 4 800 :. 1,400 1,700 2,000 2,400 1,400 1,700 600 *700 800 900 600 700 600 2,000 700 / 2,400 600 700 800 900 4,000 Inc Lc-rchen *900 800 4,000 4,800 2,000 " 2,400 < : " 5* Commercial and Financial Chronicle The 54 Inc., Miami, Fla. Stevens Markets, ,l lor " ~ corporation on when found and other necessary financial, have been made. including • This on-March corporation a availability. commercial its and Higher— Struthers Wells Corp.—Earnings Sharply with to in be • available. now 4!/,, bulletin .(No.- R-5Q2) • scales inch ' ' *, " on . ' „ ' . a transmission.—V. p.-.1050. 185, 31— Jan. - - over area. .. See-also United Lines States '[ Toensmmeier Co. below.—V. 185,. p; Profit— Adjustment Service^ Inc. Securities and Exchange Commission— ... SEC Texcrete Structural Products Co.—Reports Eric Florida The Higher- to taking of the 1050.'.'f \ ; „• , '• V ' - •" o 1 Rath,) TMT President, Tomdock, Inc;, is Jn; the another ship construction and repair facility The new financing will help the company''pro¬ duce various ramp and dolly inventions patented by Mr, Rath,',.con¬ nected with roll-on-roll-off operations. *' " ■'<: <•" According in . DUAL recti/riteiy contained in a therf.;instrument < that is; on Ga. A concern. called Tomdock, Inc., formerly St. Thomas Dry Dock Co.,- which formerly operated a drydock in theVirgin Islands, but recently acquired the Idle Laris Shipyard in Green Cove Springs, Fla., will reportedly be bought out by the new Tomdock concerh: * 5 records two functions re-ctilinearly on two full single chart: It is available "With a 10-spded DUAL recti/riter The • two-color * Atlanta, bankersKof process h, ship construction and repair concern, tentatively a , rectilinear galvanometer-recorder,-are two-channel six-page fingertip-controlled Months Knded * *•. . time tame Tomdock, whose management-is similar to that 0f TMT is being financed through the private placement of $200,000 to: $250,000 worth of its common stock by French & Crawford, Inc., invesanent Specifications and features of the corporation's new first . six Ira progress. the At * reports for the three months ended Feb.the first quarter of the current fiscal year,, net.-income of $294,163, equal after preferred dividends,, to 98 cents, per common share, in the corresponding period a year ago, net income amounted to $129,164, or 38 cents per common share.—V. 184, p. 368. corporation Super Mold Corp. of California—Earnings to be planning-to raise about $4,000,000 sale of convertible debentures. Preliminary nego¬ Haupt & Co., New York investment bankers, are- said public c&Ued - Issues Bulletin of New Recorder— The the tiations Ferry, Inc.—Plafis Financing— is reported company through 11 ^ satisfactory. location, has. been a TMT Trailer plant will be used principally avenue division.- . supplied by amendment. t Operator of independent, supermarkets, the company states that^the net proceeds (of this financing-wUl initially become a part of its general funds and as such may be applied to any .corporate -purposes. ft is presently intended that such corporate. purposes will include the use of $175 000 for additional working capital and the use of the balance of approximately $250,000 toward equipping a third supermarket u arrangements, the Lemmon when Apparatus announced that it has begun the commerciaUproduction and sale of high purity silicon, a basic in¬ gredient of transistors, rectifiers and diodes, solar convertoiv, a«d other semiconductor products. This is the company s first in furnishing raw materials for the rapidly expanding electronics Industiy. The company, heretofore, has concentrated on the manufacture of electronic components, military apparatus and industrial instruments and geophysical exploration. It is the world s largest commercial manufacturer of transistors and has- an especial lead in silicon seim-; conductor devices. The company's research activities in connection .with silicon electronic components led to an improved basic material This offering price and underwriting terms are to be and 1957 the Enters Basic Materials Field— . March 125 filed a registration statement .with the SEC covering 100,000 shares of. it* $1- par class. A common stouk, to be offered for public sale by R. S. Dickson & Co., Inc. The Publlc This late in Registers With — Securities and Exchange Commission—. / Monday, April 1, 1957 ... (1562) corporation covering offered-at < March on shares 1,000 '($25 par filed 6 of without Files' With — ;,' - of non-voting . share), per a-►letter notification preference ? v with stock the to - underwriting.:i be ;' • . • ; '' sales, including non-opeftfting revenue Profit before Federal taxes-.-,,-.-..— Months Nine Net *">-565,374 Provision for Federal-taxesai;—....l—a-—" 293.449« 475,442 240,641- — Net sales Net - Ended— contracts) income (completed Feb. 28,157 ^ "l Feb. 29,'56, $358,813, $758,801 — *"51,886 ——'—- ;.t35,579 • Co.—Sales Tranc ► Expected to Continue High— " * ^ ' Net profit The backlog of $2,000,000, which months ago backlog is or Income is equal to nine cents per share on 550,779 common shares outstanding'.-t Net'loss. d,;,'- ' Sales In the third-quartet were highest for any quarter in t>«, $234,801 unfilled, orders as of March 15, 1957, was over more than 60% larger than the backlog six Jan. 1, 1956. Included in this record peacetime on the company's new volume of large a $271,925 - is orders.—V. matrix - — 184, 14 in.-15 in. the for first fiscal of March Western 1957. 28, Feb. represents This fiscal year. after preferred Net cents 36 $529,296 O. Sutton, A. cents 23 This outstanding. In. commenting on , to dividends, reported similar the for President and share an The net the of it opportunity suspension failed amount the first quarter of 1957, that securities this by for hearing, upon should be vacated Is firm required the sold the its acting 2934. ' the proceeds correct, address states that Floyd the of Kou'tc.- to is This sizable add means in expenses lesser a advance proportion of their of Vornado the in shares tion. Co.—Directorate Increased— v- ' registration a cumulative^ preferred stock, of Private account brand sales, with their margins lower The are bigger a the factor in first stated further sales •" j and that Sutton Mr, fiscal the and 1957, forward central large air should do mented, corporation (b):" \ ■ in sales, the as only units Mr.. Sutton year. production result a in for the & and much very Improve the into ' ' this West Edison ' will build of area charge natural a Lea County, N. of processing gas bonds of funds Sonnabend the Board of and the Texas the preferred new. comoany., 753,550 Louisiana Gulf area, MCF- is increase granted bank borrowings -r- system Coast and to and marketing, announced and board of of the be could of the'; boards Hotel of the will Federal Corp. if —V. '/ - also in , by 80,386. MCF Commission. An applica¬ the of fill to Inc. ->■; ;■ of to the N. M., in will the be located Kemnitz about block, miles 15 where southwest Tennessee has now Designed oil ity of daily and 10,000,000 cubic production natural operation of feet of natural approximately gasoline. It is late in Tennessee pipeline absorption-type plant, an or early 1957 Gas, systems operator and of will have day, per gallons that Seskis and v : • the will and of have plant will • operates three natural carbons extraction for with $34,747,807 placed the nation's producer gas Increasing plant in Kentucky.—V. 185, p. standing. the hydro- a ' alsb seven & Wohlstetter,,;, voted and vacancies. the Under Naff, Vice-Chairman company's announced retirement March on the of plan, Board, George will R. retire Brown, for per fields. April 30 and Mr. of of the Mr. Naff to will private Eastern law oil on and practive and serve matters.—V. gas year's 26-year to the history 1956 $2,349,103 < J. set $45,699,358 59% higher report a up Jonsson, Military 1956 and was estimates He v E. of annual also stock mon sales record sales 28% also of rose and gravity-magnetometer a core Texas In 1956 drill The to increase newly just Mann moved pany. plans new a 19 $1 share of into acquired in and its the it all new begun of its Houston plant, on a of Mann per The SEC to (10 became now 280.000 Co. 45% in in The of operate It 185, C. sales B. on were Pretax for for Smythe, March the ft. is should file to the of under Los the the At seismic Angeles it the end' year which parent TI has This semi-annual this Act made or of with 1933 corporation," The request, upon Teports, and its 'I:'' . the on - brder question permanent. reflecting of use ' ;• t - the sale of 'stack proceeds the thereof. a ■ .. : . Presi¬ shares The French of com¬ 1956 • tenders all in been stock of must date.—V. out¬ share, per corporation F. French preferred will company order York $1,838,240, common (his Fred of in the be a new product be 17, mailed materials allied to about in handling the the equal highway share stock pay receipt. transfer taxes. It 166, received be N. to Y., by French for per the and company's to company's construction power - those program at , is the cranes 14 filed of without and a letter common 1957 a the stock shares t($l Principal features of to be for erected in of wells to The on the the Construction Co., *, the 5 by Mr. new Buffalo, N. be Files — of Rieben approved the space. The for scheduled for occupancy cently p. structure at SEC said of on the at holders the par to are company's bt leases. Inc. —To • Build from by 1200. Tishman on the Realty accept and any . 20-story air-conditioned office building March 11 on Vice-President. there part March The of is the no 165,000 square feet of net from square the * foot Buffalo site was- Insurance base'- Union fact Co—V - •- •* 27 plan authorized to 1.500,00 by Louis Rieben at this shares.—V. 185, for time 1201. p. (Mo.)—Annual Meeting April 20— ordered 22 of re¬ -185 of effective it annual the has Company the as resolution ol by a • by- to had the revised, the slate by in prohibition presented •ty of not by the in In made such issue Commission proposed furtherance taking tins of but also by its of to - under references determine* reserved proxy action, directors, (b) standards of the for of which, certain expenses the , with of soliciting ■ . with < - prdxy material.—V. a respect respect expenditures to be . - 185, p. if circum* major- Commission Commission- rejected -various by Dyer to Un»on Electric's the Act, statement under Jurisdiction solicitation. the to said proxy and that of to stockholder) (a jurisdiction Electric "proxy (a) whether 12(h)-of and Dyer authorize,- reserved Union to" the Electric's issue-for-the-Commission's an Electric's would board be to stock¬ nominees Union. insurgent group of stockholders which elected company's resolve The it any Electric's of -Section stances^ the reimbursement by Union Electric proxies of contributions Raymond Union stockholders, filed solicit proxies include to political J. that Commission appropriateness, proposed proposal to meeting of Union condition the against Staff declaration proxy • the violated Act SEC a proposes management's subject to investigation Electiic that a 1957 material. be. further Inclusion rentable acquired *-• was pending allocation 9,000 specific additional the shares March on Board, of Directors. order soliciting the 20, election for adopted and 1,000,000 announced was that any April determination . late this year were revealed approximately now . proposal to Increase a company Union Electric Co. ■< company's with offered area, contain to reject French- Investing at 551 Fifth Ave., (EST) April 10, 1957, or must have and postmarked on or before that p.m. , value), it par issuance voted proceeds "; firs^ time by Robert V. Tishman, will preferred the ensuing structure will replace the 70-year-old six-story Buffalo Insurance Co. building in the center of the city's downtown business district. The address of the new skyscraper will be 10 Lafayette Square. The entire building, including the street, floor store ment, to President. Holding Skyscraper—** right stock. common year maintain and notification of stock underwriting. completion & the reserves 1726. p. stockholders have common * . . time same helping to volume, both for shares share), drilling, of Investing 3 March invited to offer Co.,. Inc., at $59 per one Tung-Sol Electric, Inc.—Stock Increased— middle The step a 982. on been and on the are construction 500,000 have Investing stock tenders. Tenders $2.48 of to sale share Investing intends to purchase up to 2,000 units of common stock of Tudcr City Ninth Unit Inc. and New totaled or for one French $46,308,274, for City Ninth Unit, Inc.—Offer for Stock— stockholders of 1955. $1,129,943, will com¬ name building in Dallas Securities by vacated be notification p.-2334. unit 27. earnings income net 455,946 was announced will 1957 new p. company cents New petroleum 66 the under offering of stock opportunity for hearing, to stock and 195G . far Tishman Realty making Laboratories divisions sq. of Mississippi. Technical an registration ; - their $65,000,000. share, Inc. Offering Commission, .it wa^ .announced on order temporarily suspending a Regulation A outstanding. said. product said. covering used reaching operations, the Exchange suspension Stock — ,t? public failure —V. ;173, The I. optics Semiconductor-Components division. com- countries, six interpretive offices Wm. west All manufacturing divisions has of : Service level, 1955 net Oil Producing; Co., Denver, Colo. With Securities and Exchange Commission according division—increased high ;/•* - The corporation filed Its Regulation *A notification on Nov. G, "1953, proposing the public offering of 300,000 shares of comnfon stock at $1 per share. In its order, the Commission asserts that Tri-Dent dailed to comply with the terms and conditions of Regulation A by reason The Thomasson earnings reach may Geophysical new in per cents. about 31, 1955. taxes, the on and year, against $2,098,483 shares Smythe trend upward , combined company Obstruction the a- provides an whether ti e The company's 1955, crew. Instruments and to crews 72 and- - from pursuant elected company.1 in .the . he decade.—V. 1432. p. the After-tax income sales at Apparatus total. 18. to 1957 earnings largest precision optics producer the net cents predicts after-tax to $12,850,247, 50 highest In March con¬ Over 1955 previous-record and sales—principally exploration and on from President, 1957 than Issued new 44% the were 185, a Stoelc Of¬ — ; by this company pursuant to which Texas Instruments Inc.—Sales Rise 59% lASt as in shovels. ago, re-enter Texas .' - > - elected -Messrs,.. The report mailed Doc. diversification Sales thus Chairman, 27. ended share oi 1955, previous annual Federal " sultant the over reported Net income in number company 1957, program Texas Eastern Transmission Corp.—Naff to Retire T. same The 1323. of George 1956 the year $3,753,240, pas stature, processing plants In Texas and the provision equal to $4.03 major- natural of to in After of one gas sales pared 1958. and told stockholders in amounted be in higher than a butanes propane, present Corp., Jersey City, N. J. 2l, has issued exemption •respect 'to 1 ' Chairman stockholdings capac¬ • now 62.7% rose 33 Vb % were dent, Initial an income Net gas 43,000 expected oil an It Inc. above. Securities March Inc:' and Co.—Operations Gain Sharply— and year as Shovel Lovington, Net Gas approved MCF, exclusive storage service.— 1200. p. Thew of further a 945,317 on production. gas Aircasters, Tudor plant for MCF which if to V Temporarily Suspended— March 25. The capacity available from day per. 111,381 allocated 1432. p. Tri-Dent - Chairman Corp.-• Company substantial very America, Botany'Mills, firm committee Sonnabend See " Exchange, Thermoid MCF Commission Transworld Mercantile Corp., New York fering Temporarily Suspended— ^ ? of: America. Corp. " of Motors Power of Chair-' ? •••' ■ Properties, Stock Federal Graham-Paige Corpora- President .of partner executive represent 185, directors is •; Hotel of Induction directors 185, The and York of 136,452 V. total the Jerseyallocated capacity available-from- storage. gas Power daily allocated capacity, of increase of - the from York-New daily allocated capacity by the before • New present a of f- 1,842. miles • ;'' he and Si: Associated a New and of -pending increase in increased- ' v; America". \ V of Treasurer • President is the of Felt directors - the number Bergen, • t Directors Directors of •> is of Wohlstetter The M., R. R. Dean, Senior Vice-Presi¬ manufacturing board by-laws per ^eheral and - . extends the has exclusive per ..day to recently tion stock, .... pipeline main metropolitan and Authorizations * the Graham-Paige Corp., Committee Sonnabend of the the serve the $100 , .... Transcontinental'* • Philadelphia partner in the investment banking firm of Bache a "f,v members j plant to the of vacancies Chairman Vice-President ■ Mr. quarter earnings," ' • . is of Executive Schwartz is President Gas Transmission Co.—Plans Expansion— nils company Bergen CO. of not first quarter. entrance second the •• Mr. Feb* has fill "change " President is Ost Mr. com¬ late potential, the of also membership To tion. year, Vornado lines tremendous a Mr. is the of man Fur¬ last Felt Mr. packaged fans. and nonexistent to Graham-Paige Corp. and Hotel Corp. re¬ looks 1273. Tennessee in off not he Admiral Board should 7 ' for room that fifteen. voted 27 Wohlstetter. Rear for $1,164,000 said conditioners—both with in $50,000,000 the He profits in any real degree Increase p. , flowing this line, 1956 current of than 1956. also air car increase to the that so nine March on value ........ r i estimates that it will spend approximately $113,000,000 1956 In completing construction work scheduled at Net proceeds from the sale of the new bonds and the new ... date. new ►v.. : following were added to the board: Rear Admiral John J, Bergen (USNR), Irving Mitchell Felt, Edwin M'. Ost, Jr., A. Charles Schwartz, A. M. Sonnabend and He Charles practically the our 30, but were material a neighborhood over systems, of company the 184, Increases be¬ quarter." whole. a ended Nov. $3,500,000 in brand—started market, dent the which Consequently, However, new in sales sales over added to the —V. sales year "production private ruary. as conditioning defense ther, - to year sales from earnings significantly higher ported for the fiscal Vornado own expecting is the expects our In the second and third company for earnings with quarter coming relatively much heavier directors stated 31," " quarter. with company were ' statement v:- Dec. that Co., ^ filed 27 Commission relating to the proposed public first mortgage pipeline bonds due 1977 and of preferred stock will be. used for this construction program and to repay outstanding banjc loans. Substantially all of the funds necessary for such program are expected to, be obtained from the sale of the of Thermoid first $50,000,000 ■ The after selling main sales * com¬ r . : Lrine Corp.-—- Registers With SEC— Offering of these securities will be underwritten by groups headed jointly by White,Weld & Co. and Stone Si Webster- Securities Corpora- the & March on & Exchange of 100,000 best efforts to sell the issue, whereas as underwriter for the offering.—V. ' 181. use now the of use circular reflecting thereof; and Gas -Pipe share.-. "'V order reports corporation Securities offering on the question permanent. made or The company. request; semi-annual disclose to offering will not its and circular fails (o) and underwriter; as "our file to shares of offering said p. branches on filed its Regulation A notification on June 15, 1955," the public offering of 5,960,000 shares of its common 'stork share. According to the Commission's >erder, the company per pany; said The - announced was a Transcontinental company 5c (a) 1956. Board, it failed to comply with the terms and conditions of Regulation A. in that contrasts income offering of public the at the on Commission, Exchange a to proposing equivalent, share and from Bonds and Preferred Stock Colo.— operation^ this year include several new branches. The effect of these season. continue tq more has issued an order temporarily suspending a Regulation A from registration under the Securities Act " of 1933 with provides preceding were fiscal of for the Chairman the common quarter earnings figure the period per per first for the of period for the three-month earnings shares 1,400,000 with Securities 22, whether with Denver* respect first three months 1956. compared Co., exemption 45% a Uranium & President, on March 26 said; "We expect 19577'sales at a heajthy pace as. air conditioning moves more and luxury to a competitive necessity."—V. 184, p. 2883. com-, the March corresponding $10,413,630 for the Oil Minard, C. -1 •» . . be Offering Temporarily Suspended— The sales of $15,126,533 i Net earnings for the three months ended Feb. 28, 1957 were $342,817, as to ? First Quarter Sales announced record 19 ended quarter the , dual, Stock increase over . 1840. p. (O. A.) Sutton Corp., Inc.—Record on expected are Rogers Mr. Texas The corporation and fourth quarter sales said.—V. 185, p. 490. : history, company's parable, D. die thereto. to' the made hi " objections 1201. ' ' - Number 5625 Volume 185 The Commercial and Financial Chronicle ... 55 (1563) 0,000 Union Oil Co. of lego- said Th6 ,T- is 20 announced New Wells in came as a significant ■* *"> Dock but Fla„ Vermilion In Parish, the company completed 0ak,/lSTSe well, 2,290 of 13,42^-.feet, camp in for initial production oi. drilled con- , Furs of pro- an'd $ % nf 145 B/D of 35 degree gravity crude.-r-V. 1 Live to.a depth company March on filed; 22 , , Conn.—Registers registration a Clare share involved. for * each the However, eight shares then will pay company of .which bv stockholders, exercise the was & Co., held. No dealers 25c Mr, before even the modern , Schwebel the fact, terest systems carriers, They 184, merger.—V. u which The acres 275 acres in used V;;V;vv 1841.« sters ^V-" . with ? share net* ?or Settled— ? L- , of nnieklv were iLo solH on March spokesman within Vancouver nine a International mile radius Airport of for'expenses - the 182, Oregon. operation W. The of proceeds are; public utility a Martin have than <fc & E. and retained 150: and Sons. 120 Limited, Knapp R. Loftus. one-third a his interest associates, in the cor¬ formerly owned respectively Richard, ancl Arthur Laing. acres and (Canada! by also that announced by it, is be plan also See - for will of aviation •" the prepared which field also will the for be. developed well as Island Sea fdr the- major property* industries in allied or to the for warehousing and distributing operations. Petrolina, Ltd. above.—V. 185, p. 529. as Canadian (Raphael) Weill & Co.—Flans Stock Split— the stockholders The , with to articles of ing such stock-- share directors of and for of a of old special a the new corporation changing the number-of from 50r000: to 250.000 and chang¬ $100 per of meeting of stock common stock common the to th* amendment stock value par the of stockholders to called to be held: concurrently April 2,;. 1957.—V* 181, p, 1486. share- to act with of - upon the the on basis value for eaoh par value par- valu«> no stock common without par been on proposed a. split-up of such shares of shares of of of advisable common from proposed five share to be used-* (telephone shares shares ' Raphael Weill & Company: have declared incorporation authorized the 2516. p. E. the Lake City site and have acquired a one-third the Sea Island property. The latter is an assemblage com¬ more portion • by Daugherty, incident.to telegraph);—V. p. 158. and " -i • , at -pari ($10 per share ( on the basis of one new each two shares held. The offering will be underwritten Portland, is downtown For* He- " ... for 26. preparing, a, development of Lake City into sites- for light warehousing, and-the distributing industries. A- master Were qUlCKiy SQAa. J?OF ae ./'v-..;, In¬ undeveloped a $100 ; , one* shares. per A1 proposals ha*, annual, meeting, these - regular , and 7 10 per rpora- .This cprporation^m March t.22 . e at to essary from .pacity faster: commitments ;ora<?e. and service. 7 \ -7.^- 1, MCF its This company • West The the vice.— new field weight at is, designed for use in the laboratory or in weighs only four ounces, compared with the 25 pounds for comparable units.—V, 185, p. 190. craft in roll-on $ Earlier this roll-off "Service Government Negotiations plete. it ' If would p; 368, involve Co. v .the be to two • Caribbean and transatlantic ' v Net Van Raalte Co., Inc.—Earnings Increased— be worked construction of before Federal United 'This! with ,v; "brder ... incom¬ officials Net said,, Manager ufirvtion . ""V.V HT.1 T"> March on of ^ trailerships by United With TMT.—V, 184, 184, I L. ' J C. Boos, division.;. 1 — outstanding_____ per Net in- -Cubtf,' Vice-President to be, voted -20.-71957/which General"March-20;;i957v which and TV ^ ...HA said construction ^muld' h^eihimmediately scheduled; to start operations, .early next year.- failed : , reason The f •stack east .hereof. U. new plant Havana, of S. 300 Rubber will on making structures,7 to, located at Loina site 15-acre a footwear persons, The be now plant.; The total a be of tire 775 built by de , T5 AUIVIMAMI 4 ' »i« plant annual meeting of stockholders to be says "he has letter letter a a decided to to to A '• V* n/»«»Ar,AW head $ 15 miles- ' -V. occupied by the employment to this p, si ■w'| : iacturing operation in. Latin America. Mexico, Colombia, Venezuela - ••• and -. - Other tire will consist plants Argentina.—V. of p. '■ • located are 185, •- - . . * and AAA ■ , a have that on 982. ' " . Pc.j, n rne SI outstanding on Jan. 28, 1956.—V; 185,: p. 764, k'i a> acq"lsitf°n - rin ,, orocx filed n be to stock- yA vmtiH Would ■ ^ to- , . proxy the lid Act, il circum- oliciting thereto. to' the *ade 1 Thursday at 23Va»./. 161.605 .. the Atkinson, President, v of , showed revenues of , and hflmmnr net now • have to be profits of 7 Mf. Sphwebel also an as $1,777,237 . >im per March The share) payment 29. Mr. to Co. as of head Schwebel its board tBesides the ouiisator eauivalent equivalent " •*; is stock due nf of Mr. both have of P. the Clare, new that. of founder shareholders and'President subsidiary division:.was U^niversal's directors* at the acquisition; Inc. . next Universal of t Baltimore, which of in 1433. train made were property, the than yards, has the been amount ot equipment, ta $4,185,000) increased note in $30 the annual non-callable first 5debentures new The par. of 94% freight of received It 918, of the road- the of j " * report, stated preferred, stock* and Baltimore $7 185, p. 8%, callable new Ohio & preferred) stock, RR; has 1433. Co.; alreadyy n . , 185, April 2— * by this* company up to, 114 ami. (E8T)« oni Devonshire St., Boston. Mass.,. for the-pur- 201 $12,000,000 . 1987.—V. and Tool first mortgage -bonds, 1433. p. series O, duer • of sales on Western Blair are increase station newest January 1956.—V. covers with Aug. Monarch Tool's & Manufacturing period beginning for Stamping* Co.—Sales Higher— Tool percentage New & March 12 disclosed a 20% Increase in combined Stamping Co., TeV; Inc., Gainesville, GaH Co,, Springfield, Mass. Tev andi tha; Blair wholly-owned by Western Tool & Stamping Co. This company company during the year for include moderniz¬ expansion be Room from sales which Machine & subsidiary, and 185, 1, than more a. of month) seven „ Stamping reports February little a 1956. of Co. this at of 41% 1957 Moines, Western Increase in. sales* Des time an the over period same in 529. p. of C. P. the nominate* 17. turn American owns the Western Uranium Corp., Reno, Nev.—Files With SBC ' the / unless requests Interstate for Commerce freight The the increases now Commission: are granted.— tQ a. . to . * •-* . i Shipments are running ahead of ratio of net., profit last year. the 1956 average and "should to shipments, he stated, ' of 1956," Mr; Our did had risen to $21,750,000 s shipments by the end year,-with working he,,let Present us of-f sales expected accumulated 10% -below say, backlog, about reach expectations, said, represents, at current rate of opera¬ output of machine tools and one month's Bailey months' Gradall, to backlog. ..So even the company's earthmoving machine, ;■ Machine tool sales rose from $11;075,000 for the last quarter of to ••« $11/720 000 for the first incident shares for to shares the beinyolved; public The to held at at.seven. cents are-to to^mining operations.—¥.180# five-^cents) stockholders 10> oents proceeds ' notification' with stock, (par present share each / 1 per share. be-used for om per NO) ex¬ 1582. p. : Timber Co*—Proposed Merger— Eddy P^fper Corp.' above.—V. Securities The SEC (10 used 185, p. 1092.- ' . _ and_Ihcchange Commission— company for on Marhh filed 12 1,000,000 snares share), covering cents without per of a letter of notification stock common underwriting. The with be offered to proceeds Me the at; par.' to b» incident to mining operations. expenses quarter of shareholders have of authorized shares from a proposal thorization common amount to T,ew shares of its $25 pax* an to discharge a like New England Bee- the Worcester $55 per each six at for shares 87.08P additional shares not to has received SEC au¬ additional 87,686 sell proceeds of which, will be used System. share Electric Cow—Financing Authorized announced on March 21 promissory notes payable to Its parent, of standing issue and stock, subscription 1957. Increase the number 1,000,000 to 2,000,000.—V. 184, p. 2675. approved Worcester County Tills' company, .it-was trie far were behind expectations, due chiefly to uncertainties regard¬ the-highway program and its slowness in getting under way. The will Weyerhaeuser 1956 Gradually sales, Mr. Bsiley .said, were continuing at a good rate but thus share new 800,000 ;•* underwriting 200,000 of letter a of■ common • about $60,000,000. we are if sales should prove our volume of shipments would still be in the neighborhood of $64,000,000 " to follows: as one con- "sales totaled $61,000,000, and backlog 1956. "This also .« Bailey said, $56,000,000. it that , "In and See filed Wind RivW Mining Co., Vancouver, Wash.—Files With at the present rate throughout the balance of 1957, Walter K. Bailey, President; said'on March 26. The company should realize about were of penses 16 s • - same offered share March on covering, 1,000,000 shares ' . - the be basis • abinty t--« • corporation SEC rate .by.tuts-eomoany* 1201. ing Md., of to 1955. 1956, before output -of meeting On April 99 $17,249,182 at 1, The for material costs tlpue record announced, management-,-will annual owns of rising Warner & Swasey Co.—Shipments Exceed 1956 Aver. s voted quarterly disbursement to 3 supplemental (he exchange.—V. Western 0.81% were brakes ;that combines high torque and last cycling "that ana fast hold or stop a load if power fails is being anI Brakes in the hew line are being designated "Power-Safe"* brakes, tand are essentially two brakes in one.—V. 185, Rfi $2.86 n^r ehar# " per share." Universal's-. directors r ""' " 30, $119,519,719,! and " ' ( . over for p. -nounced Schwebel dividepd, he said, is payable April 12 April Equipment Issue-** announced company's, $7 stock, of more will 2 chase • - - Warner Electric Brake & Clutch Co.—New Products— tions, Carl added of new Co., Th6 1957, hasis basis than -with. the or ... * appointment & an nividend in addition to the regular cents the cash of on ...I"', . 65%' Anew; line of Amew; v Taking the figures from April 1, 1956 announced- that . 40 And amended. mose reflect earnings *|oiwU. f S'^s?Udated earnings of share. year begins April 1), to Feb. 23, :v8a«4% ' per .hot of April predicting a modest' improvement in business volume in 1957, Atkinson-pointed out" th^t net income for 195T may be somewhat 185; 30, .1956, Clare's sales amounted $326,033 or-$2.02 per share afterp. Universal and subsidiaries other than.' - $11,074,590 of adjustments and improvements pending, V. were Clare out (Claris, flscai those sa : period ended Nov. * 1956 years; C are I preferred -April - res of Vnive™:al* capital stock, of f outstanding. ■ -t ;. t shares 1* ,1956.— re¬ American . 274 Jan. the- securities;, increasing* the- cost to $5,248,741 from $4,312^0B^ for a r Bids In the — While Mr. the outshares ,^°WeVer' that clare And ' last .iff ^ het! profits '£Itect „to the merger. by lections by an: exchange of stock, ih.recent m s-earnings have risen so rapidly recent months that the proxy statement estimate of $2.02 per share ributable to the 161,605 Universal fehares being issued for Clare, aie >01. thus, bo ih„' and major- die and.closed • expenditures and- enlargement creased -I. Universal,, told - shareholders at -the merger agreement each outstanding Clare share convprf-Ari intn soa % tt ; v 1 u i ^ u for hieh, don iv, J-; He pointed would er) Results of centralized traffic control, along with acquisition of nine diesel-electric locomotives and 997 freight cars. The renort also mentions that "Piggy-Back" operations have in¬ less on from financed be exchanged for the completed facilities,,.further extension ■M* ; : Chicago.^ Universal^nde'ciaTeUwo„M^^^7 would'equal $2.37 the to of was consummated '«s7ii«,oil"m0^ oiftra lare whether ilsslon's Exchange eivincr to of &' Co. 9 shares of Clare's ho par common for £ $2 .par "common. .The .latter*is traded" Which'734 For (a) Reveals 1956 for revenues upward wage supplies. ing mi^we^e^» President 't9f. *'■'3 the to Clare Inc., The-company will pledge five -additional diesel company, in all the holder , from additions 1 C.'-F. operating Gross rger of ^wo makers of specialized .electronics equipment was f «on' March 25 when shareholders, of this company-! v«ted to acquire 1 20— ft* iS and „. of?f t">: Mills, ,the Universal Products Co., Inc.—Acquisition— • •'' j k :v.; 1301. ! resulted , W to 26 sold April be nearly first Operating expenses of $90,631,394 in 1956 increased 4.24% compared' with 1955/ Mr. Atkinson states this increase in expenses '/#" - tiorized March locomotives has been -Robinson. above 1955. " 1956 earnings were $1,122,420 after for Federal taxes-on Income. After dividends on this is equivalent to $1.10 on the 968.319 shares of preferred stock, common stock 500,00(1 for — that period, Arthur K. Gross' 13 weeks ended Jan. 28, providing $1,120,000 me Co. being^ exceeded in only four previous ago, on the preferred stock, this is equivaon the 927,254 shares of common stock out¬ . Wellington ; $3,450,000. This nV»n r-**j ports that, while this did not. approach the banner year 1955; it compares favorably with the annual results since the company took over the properties 15 years * income. After dividends _,i0, ^ cents per share standing on Feb. 2. 1957. $0.89 include 982. p, during in This company, and its subsidiaries report earninas for the JL3 weeks Feb. 2, 1957 of $163,786 after providing $200,000 for Federals taxes Ave., Rieben, «»wuv 3,992,00$ $3,572,000 Nearly All of Preferred Issue Now Exchanged— 7, ' , annual report to shareholders for the year 1956, it is re¬ vealed that $14.76 a share of common stock was earned ended re 3,027;000„ ; Western Massachusetts Electric Co.—Bids Xlhiversal Pictures Co., Inc.—Earnings Sharply Lower . income on share_ per switching mf accept v- st 185, Wabash Railroad a •eferred tiy uvw-uv,-,*a,vvvi« Mar. 2,'57-'' Fek,25,'56 $68,408,000 $.73,466*000. 5,727,000,* 7,564)0001 : $2,700/000 figures equipment location. at firm, * & per stock. about Jle"s.tor^: 'malu building with-' 54.000;, square fegt of' floor area ofm^^two-^story; building with -floor soaoe* totalling 25,000 square, feet.;-TherCuban Plan^ -will be the rubber comnany's' fifth tire mahu-' V&3, offer »59 1 ••« 1201. p. dated "Stockholders a -. "1 A r* stockholders, from . "* The largest.-Vertol; .interest is" held by Laurance Rockefeller and associates. Plasecki., Aircraft Corp. holds about 23% of the Vertol Shares. There were 542,199 common shares outstanding last Dec. 31. was give will Cuban plant the Tierra. employees a vu. <. public stock¬ by West Penn, applied taxes company on trust, certificates to . and partially s - j be income. that ^ authorized: too was subscribed< by to Manufacturing! Co. <& Subs.)—Earnings— The any at sub¬ for $3.46 ,•1953, ,ock also parent not are Western Maryland Ry.—Plans Protective Committee of Vertol Aircraft Corp." •,L 1' the has-addressed has-addressed March - the shares financing 184; p. 2059. j . at shares: Mr. Robinson ^."shares-: ;-Mr;;Robinsoh it- was "an- r 't i , author^ order an offered, be 491,243 $3.51; - V. $1,697;929 held on - April; 15 are being, solicited by Milton Robinson, .Brooklyn,, N. Y.',, attorney, who says he is the owner of 950 Vertol common 7 the — before Earnings 1,296,000 501,330; share_____ common 1171. ' p. of Provision, for taxes Vertol Aircraft Corp.—Holder to Form Group— -■ ■ .$5,000,006 tire' plant a by international the ~ 21 1,290,000 $1,760,703 shares income —V. States-Rubber Co.—Plant in Cuba- company^wdll build nounced, 1955 $31,309,037 $28,547,483 3,050,703: 2,993,929 __— income .taxes.——— Proxies A taxes-—— income Common to. are Months Ended— Above Net. ,. . on Federal cooperation .• . be to out/ Nek; sales points. «.... and: common; the,» additional sales Income ..Year Ended December 31—1956 truck-trailer •- / are^ understood to were the ' firms operated: in . Florida inaugurated contract.. arrangements probably States Lines ering between any, between :the-" company year,- service- under of West Point Six Income has issued .additional; 251,606: shares, ofr an shares , .. Of- Power all Proceeds $61,000,000.—V. 185, instrument Venture—/ , March 21 The Power, together with the proceeds of the,later issue-of'about $20,000;-000 of senior securities, to its 1957-58 construction program, estimated* 7 -- and. stock. common Penn purchase holders. circuit .'techniques. getting into the roll-on,. roll-off-trailer-.: | ship business, it was annoupced oil March' 19.;-^ f | .Gem John.-Mf. Franklin President, had returned earlier in the day I from Miami,- Fla.," where he had held discussions with officials of I TMT Trailer ; Ferry. Inc..' which operates, converted' wartime landing,,' elusive par on to, issue and: sell' , . be soon may no Co.—Financing Authorized by SEC announced was company scription at $49.50 by stockholders of record on or about March 23, 1957, at the rate - of one new^ share for each 14r shares them heldi. The; Commission' also; authorized the purshase of its pro rata; parfc. of such additional shares by The West Penn Electric Co.. which owns3,346,367, shares (approximately 95%) of the outstanding shares of«* . ■* . SEC, it izing this pro- TranSitran Exhibits New Pocket-Sized Generator— of ;United States Lines Co.—Trailership i The Transitron, ;, Inc. ; exhibited." for- the first: time a mew pocket-sized transistorized precision: high frequency generator at the Institute of Radio Engineers show, recently held at the New York Coliseum, it ...was; also announced by- -Mr. Segal. - It uses advanced printed- oplicalirther proved 3 has v - le'rsey- tion of Van-. Norman Industries, Inc., $2,257;863 contract by the U. S. Navy covering company's patented signal generators, vit was . eheral :ed a _. funds - and" initially will"-constitute additional, working capital. The company; ,ill the normal course of business purchases machhicrv and etpiipment, upon, order- of prospective- lessees- ar-d then leases-this 5 equipment at fixed: rentals for., periods ranging from one to ten years'. .The additional.fuhds Will, assist; ;th.e company in, purchasing machinery. and equipment promptly,' take cash discounts' and give its customers the of West Pemi Power Inc.,/-division awarded, , new nd Transitron. .been filed- a registration statement with the vduction qf' the anSHQ'Coverin® 000,000 sliaresvO#:.its $L par capital "stock, to: he^effthed 7;,;' nounced on- March 25 by Herbert I, Segal, President of the parent -for. public-sale through an underwriting, group headed by Schwabacher i company.v Delivery of the 'units, together with spare parts, is to be &-CO; The public .offering, price and underwriting, terms Are toriSe'sup-made during 1937 and. 1958. " They are to be manufactured at the pHed-by amendment: r' v --'''r'';'-' -1'-i company's plant- at Manchester, N. ~ H. Hat proceeds'-of this.-financing will be added to- the company's cash 00.000 ed Van Norman Industries, Inc.—Navy Contract— 7. United States- Leasing Corp., San Francisco*- Calif.— Registers With Securities and Exchange Commission-— leaded : two-thirds - C.; manufacturing, The U1r, -holders <■ • a acres plan 1 ^InlH *-The-company on March!; 12 filed a letter of notification SEC covering -12,811 shares of common stock to be offered and Compo Shoe Machinery Corp. above.—V. 184, which on are realtors, owning in Webb To "J Butchart '«fc Cole/ Inc.; iuuited'Shoe Machinery Corp.—Suit "I See public : Expands— acquired these by Island sites Riley master f!nrn r V^loo/p. * !-* w has • Grauer J. Clare of B. interest "Amtote's"' shares 72 C. Valley Telephone Co., Silverton, Ore.—Files With SEC p. Limited corporations includes approximately Lake City, located in the1 Town of Burnaby, and as Sea on Both porations Common Stock, which were publicly by Milton D. Blauner, & Co*. Inc. and associates talis, see program,;;including, the payment of $4,250,000 of bank-leans incurved connection therewith; The-.1957-58; -construction program "fs esti¬ 184; (Canada) owned known, Vancouver 369. p. t Msrch 21- at 112 on in at $19,500,000.—V. Knapp property 625 high-altitude and also are " shares- of 'rating mated & in- corporations owning approximately 900 industrial and. commercial land in Vancouver, B. the real estate development company announced "Ametote," as pari-mutuel "Amtote"; owned Universal-Transitnr Prndnrt« e*c!r* share, dealer. a aircraft disclosed. In l • underwriting for by electronic trade with ,^ statement'with obtained the to located. submarines, covering 31i;5571-shares -of its no par common stock. The com- ' -,-n nrm p&ny proposes to offer-the shares >for subscription at $22 per share - '000 m stockholders of reeord Aprilr 10, 1957, and at the rate of one-?offered additional Webb & Knapp, Inc.—Canadian Unit at prising SEC is are offices Vancouver. 764. Securities and Exchange Commission— The York ievices. parLmutuel. machinery. "United Illuminating Co., New Haven, the headquarters New Webb known Co., and-services Del.,V, with ' headquarters and main plant ih Chicago, was a pioneer in creating hermetically-sealed telephone-type relays for industrial and military use. Clare products, including "custom built", relays and switches, are used by General Electric, ^ IBM, , u»eu RCA, Sperry-Rand,'-and other leading firms and are. utilized in atomic-. P. .airplanes, With. Totalisator Universale City. ' American automatioir - p. York vised exclusively by virtually all of the 140 leading race tracks throughout Xhe United States and Canada. General Register makes electronic cash control systems, self-service ticket-issuing machines - for the amusement industry, and other D-2 the " 185, New Wilmington, are MCF^of.; gas D= of Street, powered Louisiana distillate well, which extended the productive limits gas a the Co. 10th Street. Thanijfactures C. ciiity W. Broad Trie ex¬ Register 100 at J30 the- East Lake Palourde Fipld, Assumption Parish La: flowing production of 536B/D through a restricted choke' Gravity of the upper zone was 30 degrees, and of the lower zone, 37 8 degrees. Six separate sands were penetrated before the well was completed below 12,800 feet. The company has in excess of 5,000 acres around the well. to with initial ment - General - completion of two wells in limits of two separate fields tension 0,000 i' California—Two March on Louisiana which extended the productive Cotten Brothers* 1, a dual completion, lively r company V «" , proposes the offer additional share by its stockholders shares (99.318%). shares to held. proposes and NEES, as to exercise its to purchase any acquired by minority stockholders stoek for at the rate of one owner of 522,533 out¬ right to acquire of the 597 remaining! —V. 185, p. 1433. 56 000 ALABAMA Tuscaloosa, Ala. improvement bonds offered March 211—v. 185, p. 1326—were awarded inclusive. 1982 to City School District, Los Angeles County, Calif. Bond Offering—Harold J. Ostly, <}ounty Clerk, will receive sealed toids at his office in Los Angeles. (PST) a.m. County, April 23 on sive. Principal and inclu¬ interest (M-N) Treasurer's payable at the County •"ifficet School Union Hirentwood District, $35,000 build¬ Sale—The ing bonds offered March 26 —v. *<15, p. 1434—were awarded to the <jnion Safe Deposit Bank of Stock¬ a price of 100.06, a net terest cost of about 3.95%, as in¬ ton, at lows: to fol¬ La Due on April 1 from 1975 1960 to inclusive. Sale Bond The, $1,500,000 offered March bonds .scihool — 25— 185.: p. 1326—were awarded to a group composed of the Califor¬ nia Bank, of Los Angeles; Shear$x>n, Hammill & Co.; Taylor & Co.; Bond Co., and. White, price of 100.001, net interest cost of about 3.07%, as follows: * ' <Coachella March Valley Joint Union High Riverside County, District, California Bond Offering—G. A. Peque- Clerk, will receive jjhat, County .sealed bids at his office in River- aide until 10 ,22 Associa¬ for the a.m. Due on April 1 from 5s. 4M>s. 135,000 Due April on 1 1972 • Due on April 1 from 290,000 4s. Offering — R. (PST) on April purchase of $1,400,000 San Juan Union High Sch. Dist., < Sacramento County, Calif. Bond Sale—The $459,000 school bonds offered March 27—v. 185, 1434—were awarded to James, B. National. Trust & & (PST) on from 1958 to 1982 Principal and interest (M-N) payable at the County Treasurer's office. Legality ap¬ May 1 of 100.09, a net interest 3.87%, as follows: $79,000 Due 5s. 1959 1964 rington & Sutcliffe, of San Fran¬ Barbara, Calif. Sale—The $1,700,000 gen¬ Bond cisco. eral District, Los Bond Offering—Harold J. Cstly, County Clerk, will receive sealed his at until 9 bonds, as office in Los Angeles a.m. (PST) on April 16 for the purchase of $399,000 building- March $97,000 series A bonds. Due on May 1 from 1958 to-1977 in¬ composed of F. S. Smithers & Co.; Wood, Struthers & Co.; J. C. Bradford & Co.; Gregory .& Sons, and Jo¬ seph, Mellen & Miller, Inc., at a price of 100.01, a net interest cost to series C bonds. 1958 April 1 from inclusive. Due Santee Water Unified School District, Angeles County, Calif. until — 7:30 (PST) p.m. (J-D) - .1 June from 1, 495^ 1958 Principal payable at Treasurer's and or in¬ interest the office, Due 1977 to Bond Offering—R. E. Graham, County Clerk, will receive sealed Myers, of Los Angeles. the purchase of $325,000 building bonds. Dated May 15, 1957. Due on 1987 inclusive. Bonds due callable are of May Bond Offering—Harold J. Ostly, County Clerk, will receive sealed 4>ids at his tintil 9 a.m. office in Los (PST) on Angeles April 16 for the purchase of $190,000 building tionds. Dated May 1, 1957. Due on May 1 from 1958 to 1977 inclusive. Principal and interest (M-N) pay¬ able at the County Treasurer's office. Gladstone School District, Los Angeles County, Calif. bonds offered March 26 — v. 185, p. 1202 — were awarded to "Taylor & Co., of Beverly Hills, as 4s, at a price of 100.26, a basis of ing Kings County, Calif Bond Salinas City School District, Monterey County, Calif. Bond son, County .sealed bids Clerk, at will receive her office in Han- 2.92%, follows: as Treasurer's 2?4S. Due on April 1 from 1958 to 1968 inclusive. 225,000 3s. Due on April 1 from 1969 to 1977 inclusive. San Clemente, Bond Sale —The office. Legality plant facilities bonds March 20—v. awarded to a 185, p. sew¬ group composed of National Bank, the Security-First Cord until 10:15 a.m.(PST)- on of Los Angeles; Blyth & Co., Inc.; April 2 fbr the purchase of $498,- *R. H. Moulton & Co:; John Nu- Eriksen due in callable 1968 and of May 1, 1967. Principal and interest as payable at the County Treasurer's office. Stratford Union School District, Kings County, Calif. Bond sealed bids for the building 1957. to 1977 County his will to (P. O. Branford), Conn. Sale—The $1,975,000 high offered March 26 bonds 185, a 1326—were p. Trust & Savings awarded of composed group purchase on Dated Han- April $142,000 April 15, on April 15 from 1958 inclusive. Principal payable at Treasurer's office. (A-O) and the $15,000 4s. Connecticut Harris (State of) Bond Offering—John Ottaviano, Jr., State Treasurer, will offer for a.m. Due on April 1 from 30,000 4 Vis. Due from 1970 to April 1 1977 inclusive. on Three Rivers Union School District, Tulare County, Calif. Bond Offering—Claud H. Grant, County Clerk, will receive sealed 2 (PST) p.m. 011 purchase of $10,000 school bonds. Dated April 5, 1957. Due on April 5 from 1958 to 1963 inclusive. fice. Tule Lake Joint Union High School Dist., Siskiyou and Modoc Counties, California Bond bonds Sale—The $490,000 school offered March 28—v. 185, April 2 issue an $50,000,000 Greenwich Killingly Expressway Revenue bonds, a syndicate managed jointly by Lehman Bros, and First Boston - is expected to the writing on Bros, are that are and Jan. the 1, will 1965. financial the on Prior submit to bonds be that to Turnpike project. 28, it certain disclosed was changes had been made in the terms of the bond is¬ which their are designed to increase attractiveness These include to the purposes the to a time same City Bank, of (P. O. New Canaan),. Connecticut Bond Offering Roland — necticut River the with Feb. 1 from 1958 to 1967 inclusive.. Principal and interest (F-A) pay¬ able at the First National Bank & Trust Company, of New Canaan. Legality approved by Hawkins, Delafield City. & Wood, of New York ": ^v;v. . DELAWARE New Castle Dist. Delaware Bond Sale—The $488,000 ing River. the the west of the This construction eastern section, thereof will nanced by the 185, 25 p. Mercantile Safe Deposit & Trust Co., Baltimore, jointly, as 3%s, at a price of 100.06, a basis of about 3.36%. • • • .. • ' . • 4 'X\ . FLORIDA will not program as costs I Dunedin, Fla. Bond. Sale—The and sewer March and B. jointly, a temporarily fi¬ obligation However, no to J. $650,000 water 185, p. John offered bonds revenue 28—v. awarded State. of be build¬ March offered 1326—were awarded to a group composed of Bankers Trust Co., New York City, and —v. 1434—were Nuveen & Co., Van as Ingen & Co., Inc.. 43/4S, at a price of 97.19, u r v basis of about 4.84%. general notes bonds for for the permanent fi¬ Connecticut affect County, Stanton School (P. O. Wilmington), No. 38 Turn¬ priority a nancing of the section H. Gardner, Clerk of Board of Fi¬ nance, will receive sealed bids until 8 p.m. (EST) on April 2 for the purchase of $1,030,000 school bonds. Dated Feb. 1, 1957. Due on investors. division of were composed of group National New Canaan pike into two sections by the Con¬ established of at First Co.; Wood, Struthers & Co.; Bramhall, Falion & Co.; J. C. Bradford & Co., and Brown Bros. Harriman & Co., as 2Y2S, at a price of 95.49, a basis of about 2.79%. Lehman advisers the March on sue offered $1,500,000 extension program bonds op¬ meeting of the Expressway Bond Commit* State t "A an serially from 1962 to inclusive, tional tee Sale—The Additional sewerage Indications at issue. 8 h: 2.85%. ^ Corp. Fort Pierce, Fla. Bond expressway bonds will be issued for the eastern section until all City costs of Offering D. — Huskey, sealed C. for been the western permanently provided that section financed independent neers' estimates have lished that in Visalia, until April 2 for the on of financing 1958 to 1969 inclusive. ,Corp.; F. S. Moseley & Co.; Hemphill, Noyes & Co.; Wm.E. Pollock & Co.; Bacon, Stevenson & Co.; New York Hanseatic Corp.; E. F. Hutton & Co., and Joseph, Mellen & Miller, as 2%s,; at a price of 97.85, a basis of about Bank, Chicago; Estabrook & Co., Putnam & Co., Wood, Struthers & Co., and R. D. White & Co., as 3.30s, at a price of 100.03, a basis of about 3.28%. the State in group New York City; F. S. Smithers & CONNECTICUT receive office (PST) of a.m. bonds. Due interest Clerk, at a the —v. ' > $2,500,060 water 22—v. to awarded Bond Hartford), Conn. transmission and shop and yard improvemeht bonds offered Mafch ver. Offering—Bernice Thom- County sen, self-supporting. fully Legality approved by Tallmadge & Tallmadge, of Den¬ Branford the Turnpike is expected to be Hartford County Metropolitan Dist» (M-N) are engi¬ that show ton sealed (MST) on April 8 of $1,900,000 general obligation school building bonds. Dated May i, 1957. Due on May 1 from 1958 to 1973 in¬ Bonds reve¬ up-to-date receive will purchase ' estimated of 185, p. 1202—were awarded bomposed of Harriman Ripley & Co., Inc.; First of Bob- bids until 8 p.m. the ■ to that the Board announces Education X of estimated estimates (P. O. Offering—Secretary Alice 1997 Angeles. offered 1203—were Bond financed. 88% Bond Sale—The Arapahoe County School District No. 1 (P. O. Englewood), Colo. of Los Principal and interest (A-O) pay¬ able at the County Treasurer's of¬ Calif. $498,000 15 from for However, neers' 1977 inclusive. will mature bids at his office $275,000 Jan. on COLORADO this — net interest cost of about Due to trict Sale—The $500,000 build¬ ing bonds offered March 25 v. 185, p. 1434—were awarded to the Crocker-Anglo National Bank of San Francisco, at a price of 100.02, age Offering—Bernice Thom¬ 1967 approved by O'Melveny & Myers, May 15 from 1958 to 1977 in¬ 'Thermalito School District, Butte Principal and interest County, Calif. (M-N) payable at the County Bond Sale—The $45,000 school Treasurer's office. Legality ap¬ proved by Orrick, Dahlquist, Her- building bonds offered March 25 —v. 185, p. 1435—Were awarded rington & Sutcliffe, of San Fran¬ to the Union Safe Deposit Bank, cisco. of Stockton, as follows: about 3.96%. JHanford School District, 275,000 4s. offer for clusive. a Bond Sale—The $279,000 build¬ 25,000 4V4S. Due on Jan. 15, 1966. 1, 1967. Principal and interest (M-N) payable at the Dis¬ on Angeles County, Calif. inclusive. 1965 to new- necessary toll road to future costs and 94% entire and the at Chicago , 1958 1962 to County ■ bids at his office in Stockton, un¬ til 11 a.m. (PST) on April 15 for ( $200,000 5s. Due on Jan. 15 from April 16 for the purchase of $550,water system bonds. Dated May 1, 1957. Due on May 1 from in 1968 and thereafter Dated a The make it The western section referred accounts 100.05r of sale at 10 as Los Angeles, (PST) 011 April 30 for the purchase of $3,500,000 building June Diego will such nues. price a Hazel E. Wag- until 9 a.m. Asso¬ net interest of about 4.18%, as follows: and enhoffer, Secretary of the Board of Directors, will receive sealed bids at his office in oh 1 000 Bond Offering—Harold J. Ostly, County Clerk, will receive sealed bonds. San District, Bond Offering bids clusive. April on County, Calif. May 1, 1957. Principal interest (M-N) payable at the Los on 1963 2%s. clusive. Pomona Due to Savings Co., Stone & Youngberg; Lawson, Levy & Williams, at school follows: as from 1964 to 1977 inclusive. Due on Dated and group 2.87%, 1,190,000 May 1 from 1958 to 1982 in¬ a $510,000 4s. clusive. 302,000 21—v. of about follows: bonds offered 185, p. 1093—were obligation awarded Angeles County, Calif. & & ter thereafter Santa 2 4Downey City School District, Los independently clusive. 1982 inclusive. 1977 to •of America National Trust & Sav¬ or New York City. Le¬ gality approved by O'Melveny & May 1 from on proved by Orrick, Dahlquist, Her- ford until 10 in any be for May 1 from on 120,000 3.90s. Due bonds. Dated May • 1, County's fiscal agency in New 1957. Due on May 1 from 1958 York City or Chicago. ■to 1982 inclusive. Principal and interest (M-N) payable at the Ripon Union High School District, San Joaquin County, Calif. •County Treasurer's office; Bank or from inclusive. 1976 to 1 inclusive. 260,000 3%s. Due inclusive. ♦juilding ings Association, Los Angeles; at the County's fiscal agency for of May on 1963 to of cost future. National" Trust Savings Associa¬ Co., Lawson, Levy & Williams, Co.; at a price the provision a group tion, San Francisco, Dean Witter in financed composed of the Bank of America composed of the Bank of America about a.m. 1326—were awarded to a group p. cost inclusive. 1987 to 3 ciation, San Francisco, Dean Wit¬ inclusive. 1962 to 1958 p. April 9 for the purchase of $239,000 school bonds. Dated May 1, 1957. Due 15 inclusive. 1962 to 1977 from «,School inclusive. 1961 Due on 3s. 1,200,000 March 15 Due on 1958 to ..from were County Treasurer's office. $300,000 4V2S. $73,000 until 10:30 Weld & Co., at a a as and C. N. White & & Hutton *3; F. Co., and William R. Staats follows: & Co., County Clerk, will receive sealed bids at his office in San Diego, bids -Chaffey Union High Sch. District, San Bernardino County, Calif. — Mesa-Spring Valley Sch. Dist., San Diego County, Calif. Lancaster School and 1959. 1434 p. tion, of San Francisco. 1, 1958 Due on April 34,000 4s. ;. 185, the Bank of America National Trust & Savings i . $*,000 2s. v. —-.v. awarded on Costa County, Calif. Contra Bond !» March 25 purchase of $68,000 build¬ May 1 from 1958 to 1977 oii & Greenfield Water Bakersfield), Calif. $100,000 general water bonds offered obligation bonds. Dated May 1, 1957. Due ing Principal veen Bond Sale—The Azusa 9 from from 1963 to 1971 inclusive. CALIFORNIA «mtil 15 (A-O) payable at the County Treasurer's office. District (P. O. for the April on and interest Kern Agee & Leach. to Stern, Due 1957. 1958 Sale—The $600,000 street Bond Dated April building bonds. 15, Monday, April 1, 1957 . NEGOTIATIONS BOND PROPOSALS AND f . . DEPARTMENT STATE AND CITY \ Financial Chronicle The Commercial and (1564) including would the the be have and engi¬ again estab¬ entire Turnpikh, eastern section, self-supporting from third against change financing is a covenant any other ex¬ issue of Expressway Bonds, thereby in effect establish¬ ing a closed-end lien to prevent will nicipal Dated 1 parking 19$9 of Previously, Turnpike revenues. it would have'been permissible to pool the Turnpike with; revenues of any toll * road which might i be revenues' , other to Bonds due in are revenue Sept, 1, 1956. from callable terest M-S. 1963 Due bonds. on Sept. inclusive. 1973 and thereafter of Sept; 1, 1962. In¬ Legality approved by Marshall, Trimble & as Mitchell, of New York City. Jacksonville Expressway Authority, pressway by dilution receive bids until 5 p.m. (EST) on April 8 the purchase of $200,000 mu¬ Cajdwell, revenues. A Clerk, Florida $70 —An the Million Financing Impends appeal has State been taken Supreme Court from to a Circuit Court order validating the issuance of $70,000,000 Express¬ way, bqnds* This was action, *ther objective routine: being to a K •> Number 5625 ...The Commercial Volume 185 thoroughly document the legality of the financing prior or subse¬ delivery to quent sive. 9 by dicate managed jointly a J-J. Legality syn¬ Bond by Smith, eral & Co., and Pierce, Carri& Wulbern, Inc. Sale —The obligation fered March $125,000 library 25 Northern Offering—Earle E. Jones, cost of about Secretary of the City Commission, $45,000 will receive sealed bids until noon 1960 (EST) on May 9 for the purchase $30,000,000 utilities tax revenue bonds. Dated April 1, 1957. Due 1959 from Jan. -1 thereafter callable are 1988 to in due Bonds clusive. 1968 in¬ of sealed bids until Melbourne, Fla. were submitted for the $6,750,000 water bonds offered 185, p. 1327. (CST) (J-D) Beach Palm * No. 1 The — $6,900,000 March 25 building bonds offered 185, p. 1203—were awarded syndicate headed by Salomon —v. to a & Hutzler and Bros. Wayne County School District No. 112 (P. O. Fairfield), III. Bond Sale—An C. J. Devine White-Phillips Co., Inc., and Neg3V2S. Due on Dec. 1 from price of 100.0007, a net interest cost of about 3.54%, as inclusive. follows: Co., at a Interest J-D. approved Charles by 1957. 1, 1959 nicht, of St. Louis. '1 & 3%s as March Dated 1976 to Legality Trauer¬ & * , Westchester 1959 to 1966. inclusive. 685,000 3y2s. 1969 from Other 1972 & ner Aug. on 1 inclusive. 1978 to members Merrill cate: on Aug. 1 inclusive. 1971 3V2s.: Due .3,180,000 from to the of syndi¬ Lynch, Pierce, Fen- Ira Haupt & Co.; Co.; Reynolds & Beane; Bond Offering sealed bids until park 1957. to Due interest (A-O) able 1 1961 from Principal payable 1, and such at Illinois mutually agree¬ the purchaser and the Legality approved by in place April on April Dated inclusive. 1977 Stroud District. Co.; Francis I. du Pont & Co.; Bache & Co.; Braun, Bosworth & Co., Inc.; A. M. Kidder & Co.; Tripp & Co.; to Chapman & Cutler, of Chicago. Co.; Ball, Burge July 1, 1958 to July 1, 1969 inclu¬ sive. : Principal and interest pay¬ & Kraus; Fulton, Reid & Co.; Baker, Watts & Co.; Rodman & Renshaw; Wm. J. Mericka & Co.; John J. Ryan & Co.; Park, Ryan, Inc.; Interstate Securities Corp.; Clement A. Evans & Co., and Beil & Hough. Fetter Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. Sale fered March 21—v. were sold to the 185, Secretary (CST) chase Federal Housing as3%s. Township Civil Township O. R. R. Georgia Rural Roads Authority, Ga. .1 ed paying 41/2, I ■: Paying Agent 3V2, bonds, $17,500,000 for agent 3.70% and series Jan. of ■' "I roads rural 1957-A 1957. < Chemical Corn — Exchange Bank has been appoint¬ 1, Township 1957. to A. March bonds offered ; dianapolis. 1979 65,000 3%s. 1980 to May from 1 inclusive. Due 1982 1 from the No. 135 (P. O. Centralia), III. Bond Offering—Vera Rieeh- E. mann, Secretary of Board of Edu¬ cation, will receive sealed bids until 4 p.m. (CST) the purchase of on April 3 for $700,000 budding 1957. bonds. Due 1977 on gality Dated Jan. inclusive. approved -Frauernicht, 1 by April a as %, 1959 1, Waterworks provement "was sold and and to Corporation, the of 1977 im¬ bonds Municipal Chicago, Bond as 4(4s will to Iowa Shafer an¬ that bids will be received nounces Due Dated Jan. 1, 1957. Due on 11958 1991 G. Harlan (CST) on April 3 for the purchase of $375,000 school building bonds. j ' until 2 p.m. , Iowa Manning, of (CST) the — sealed on W. J. bids April Neal, until 6 for the of $61,000 school build¬ Dated April 1, 1957. semi-annually from July 1, bonds. to inclu¬ iPrincipal July 1, 1973 inclusive, and interest (J-D) pay¬ (P. Offering—Frank above-mentioned Bank. J. Deemer, Secretary of the Parish Police Jury, will receive sealed bids until 1 p.m. (CST) on April Town inclusive. 1958 to 1967 ther details available above-mentioned McDonald & the or as Me- 3014 Parish District Not Bonds O. Sold—No submitted the for March pital bonds offered v. 185, p. 985. / of Secretary . Boston. of Board , on 1960 to 1997 inclusive. 1 from terest A-O. & Chapman will Bids (CST) a.m. following considered basis: on . . issue of $68,000 Sale—An swimming pool bonds was sold to Becker & Cownie, Inc. Iowa $105,000 special assessment bonds offered March 25 Liberty, Bond Sale—The —v. ■ •/, t. , 185, p. 1426—were awarded to 1997. Mayor, until the for on of purchase of Boston, of of Kansas, Fort Regents Hays & Kansas State College (P. O. Topeka), Kan. Home Finance Agency. the Bond Offering—R. Eversole, G. Secretary of the Board of Educa¬ tion, will receive sealed bids until 8 p.m. (CST) on April 1 for the purchase of $129,000 schooi build¬ ing bonds. Dated Jan. 1, 1957. Due on Jan. 1 from 1959 to 1972 inclusive. thereafter 1, 1961. Bonds are due callable Principal 1962 and in as and of Jan. interest Tremont 120 Group A $168,000 Beverly, fourth series. 1958 to Group B $527,000 Brookline, first series. 626,000 Marblehead, seventh se- Bel Air), ries. 258,000 Milford, first series. 615,000 New Bedford, fourth se- construction bonds of¬ 185, p. 1328— March 26—v. were awarded to a group ries. com¬ 189,000 Waltham, fourth posed of Mercantile Safe Deposit & Trust Co., Baltimore; Aiex. Brown & Sons; Baker, Watts & The 180,000 from 2 34S. Due 1958 to 1961 on April inclusive. notes 1957 and are 1958." Each are dated respective Housing designated above. 1 j Principal and interest payable for I Group A at the Second-Bank Due on April 1 from inclusive. fourth series. April 18, payable on April 24, bid should be ad¬ $649,000 Worcester, Stein Bros. & Boyce, at a price of 100.05, a net interest cost of about 3.05%, as follows: 1958 to 1961 series. Group C Co., and $140,000 5s. Street, Bos¬ State-Aided Projects notes. 1 Sale—The $1,500,000 pub¬ fered Sch. Dist., Ky. will 310,000 Maiden, fourth series. (P. O. Maryland school off The Chairmen ton, until noon (EST) on April 2 for the purchase of $3,342,000 improvement County Harford — Housing Authorities listed receive sealed bids at office of the State Housing below MARYLAND lic Hazard Independent (Commonwealth the of bids inclusive. 1987 Sale—The $500,000 student union building revenue bonds of¬ fered March 22—v. 185, p. 1094— were sold to the Federal Housing Bond Bank at 1.92% discount, plus Offering Note Board, The bonds mature from awarded premium of $3. a bonds. Board were National • bonds, as follows: public 28 Merchants the to April 30 $968,000 193,000 Sewerage District No. improvement bonds. KANSAS March offered Norris, A. sealed (CST) a.m. $775,000 Quail & Co., Davenport. , J. receive will 11 — group Newton, Mass. Massachusetts Offering a Sale—The $1,000,000 notes Note West Monroe, La. Bond to 100.33, a basis of about 3.15%. , •• $250,000 water awarded Shafto, Inc., as 3.20s, at a price of the from'1973 to ,.</ • composed of W. E. Hutton & Co.; Weeden & Co., and Lyons & In¬ . All maturities Sale—The 1436—were (3) All maturities from 1988 to Sibley, Iowa Bond (2) - ■ i | bonds offered March 26—v. 185, p. 1987. - 1, Lynnfield Water District (P. O.. Lynnfield), Mass. Bond Legality approved by Cutler, of Chicago. be April Legality approved by Storey, Thorndike, Palmer & Dodge, of Mi. April 15 for the purchase of $1,621,000 stu¬ dent housing revenue bonds. Dated April 1, 1957. Due on April 10 dated are Principal and interest pay¬ able at the above-mentioned bank. College Offering —S h el b y Jackson, bonds The (P. O. Baton Rouge), La. Bond V-v elusive. ' — A , bonds, 1957. Louisiana Southeastern 25 $620,000 of 120,000 school loan bonds. Due on April 1 from 1958 to 1977 in- " bids were $1,500,000 hos¬ purchase follows: inclusive, Hospital Service Westwago), La. (P. Bank, 28 State St., Boston, (EST) on April 3 for $500,000 school project bonds. Due on April 1 from 1958 to 1977 Road, Metairie, La. Jefferson receive Merchants Na¬ at the until 11 a.m. the Secretary Buchler, tional Fur¬ from bids will .Treasurer, sealed purchase of $370,658 paving certificates. Due from tairie Grafton, Mass. Offering—John T. Keiley, Bond the for interest payable at the* cipal and Louisiana Certificate project.-notes, school $75,000 May 1, 1957. Due on May 1 from 1958 to 1977 inclusive. Prin¬ Gretna), O. "for the purchase (EST) on April 2 DaPted (1) All maturities from 1960 to KENTUCKY Board, Parish Jefferson Boston, of Bank St., Boston, until 11 a.m. State of " . Town Treasurer, wilt bids at the Mer¬ National chants by Foley, Cox Judell, of New Orleans. : & \ ' sealed receive 28 ; ■■ Dudley, Mass. Gromelski, 1959 ; Offering —George A. Bond J-D. dis¬ 1.92% at •. , Legality approved swimmjng pool bonds was sold to the First of Iowa Corporation. Bond School from 1 Dedham, of count. 1, Interest June on inclusive. 1964 1972. and Consolidated School pany, 13 for Dated June bonds. Due 1957. to issue of $50,009 Sale—An Bond inclusive. Offering purchase ing from to 1986 receive p.m. and 4s. 1957 District, 'Offering—Superintendent Schools the purchase of $25,000 public im¬ provement Braintree, Mass. anticipation notes was sold to Norfolk County Trust Com¬ tax Education, will receive sealed bids Sch. Community \ Bond District, Ind. 1 the May on lf Sale—An issue of $600,0fld Note O. Ville Platte), La. (CST) Company York City, at 2.42% of New ' bonds. Offering—Tanzy a.m. until Klemme & 1976 inclusive,, Mcoresville July 1 offered 705,000 41/2s. Due on July 1 from Secretary sewerage refunding Hughes to & Mulberry Grove, 111. pur¬ revenue Cownie, Inc., jointly. Corp., Raf- follows: of St. Louis. Bond Sale—An issue of $112,500 & Share $645,000 4%s. Due on July 1 from Bond iH composed of net interest cost of about 100.17, 4.45 Le¬ Charles 1327—were & Co., CrutCo., Channer Securities Co., and Walter, Woody & Heimerdinger, at a price of 1960 to J-J. bonds offered p. group Podesta tenden, school from Interest a Bond fensperger, Washington Counties Sch. Dist. , water a.m. March 27—v. 185, p. 1436—were awarded to the Carlton D. Beh Co., and Becker & 10 Company, Trust Bankers interest. Veillon, Secretary of the Parish Police Jury, will receive sealed bids un¬ til ' • offered March, awarded loan notes the both Evangeline Parish Fire Protection Bond V Sale—The $5,000,000 tem¬ and the Guaranty Trust 1967 inclusive. Due from 1958 to City Securities Corp., Indian¬ inclusive. Marion, Clinton, Jefferson and to 185, the for 16 10 Iowa ', ■ *: Sale*—The $140,000 build¬ . West $1,350,000 first revenue 27—v. March apolis "J Sale—The awarded May on Bldg. Authority (P. O. Kendallville), Ind. Bond mortgage on V , •Kendallville Sch. follows: Due the at the Community Sch. Dist., bonds ing Ross, McCord, Ice & Miller, of In¬ Ray Allen & Co., Inc., jointly, as 1958 to Board until $750,000 from Citizens Bank of Mooresville. Legality approved by 185, p. 1327—were awarded C. Allyn & Co., Inc., and E. $285,000 4s. annually - July 1, 1958 to Jan. 1, 1965 inclu¬ sive. Principal and interest (J-J) Kewanee, III. revenue semi Due 5 Bond Sale—The $350,000 sewer¬ 25—v. p.m. April 6 for the purchase of $7,000 school aid bonds. Dated April 1, payable age 1 Bates, will receive (CST) on Trustee, sealed bids until by Trustees of the the ' ILLINOIS -S Clyde — received April on of Bond . i'.Sfc fi Offering will receive p.m. (CST) on improvement < , Boston, Mass. 25—v. 185, p. 1436—were Clerk, 7 about 3.22%. of to La. bids until 185* thony & R. L. Day, jointly, as3y4S, at a price of 100.21, a basis porary J.>v . school, 27—v. 1426—were awarded to Kidder, Note Offering—Mattelle Run¬ street 000 April 1, 1957. Due on July 1 from 1962 to 1977 inclusive. of Bond Bude, Town sealed bonds. Dated 4, Martinsville), No. of Works Water ' 1203— p. nels, 10 Bluffs, Iowa be +.. of¬ bonds and Home Finance Agency, Harrison will . , Bond street Bond Offering—Sealed and oral bids $1,380,000 Union Student Men's The — , v, & IOWA Council Indiana i Campbell Kendallville. of Gladbrook College (P. O. Muncie), Ind. Bond (P. GEORGIA the at Bank, Cutler, of Chicago. Teachers State Ball Morton Wible, — Trustee, Legality approved by Chapman & INDIANA ; \ , r. , will receive sealed bids until 1 p.m. (CST) on April 4 for the purchase of $69,000 school building bonds. Dated April 1, 1957. Due semi-annually from r R. D. White & . Bond Offering Township 8 p.m. bonds. p.m. (P. O. Kendallville), Ind. (CST) on April 8 for the purchase of $555,- Company, Dominick & Dominick, & Frank L. — re¬ on Brown, Secretary of Board of Park Commissioners, will receive 000 S. Smithers & F. O. (P. Broadview), III. Aug. 1, 1967 on Due 3.40s.: 1,135,000 V Due 1968. and District Park /, * X Mass. March offered & by LOUISIANA Wayne Township School Township able f - Due on Aug; 1 from $1,900,000 4s. 1, 1962. Principal and Wya'tt, Grafton Grafton, of Louisville. approved I. .. t Peabody & Co., and Tucker, An¬ callable are ' ' Sale—The $450,000 Bond p. in due Dist. No. 2 (P. school building bonds was sold to and Bonds April inclusive. ' \ MASSACHUSETTS bonds 1958 on 1982 to • April 2 for the purchase of $18,- issue of $325,000 ley, Jens & Rowe, -jointly, 2 from 1 April 1 from Due 1978 Bellingham, > (A-O) payable at the Bank, Hazard. Legality Peoples 3.10s. , April by Ross, McCord, Ice & Miller, of bank mutually agree¬ able to the purchaser and the Board of Education. Legality ap¬ proved by Chapman & Cutler, of Chicago. ' -J : Beach), Fla. Sale Bond Special Tax (P. O. West County School District will Oct. on ' . ■ April 5 for the purchase of $39,000 school building bonds. Dated April 1, 1957. Due semi-an¬ nually from July 1, 1958 to Jan. 1, 1971 inclusive. Legality approved pay¬ Indianapolis. Palm Na¬ Bond Offering—Dorance J. Car¬ son, Township Trustee, ceive sealed bids until a interest . Dated April 15, 1957. Due on Dec. 15 from 1959 to 1976 inclusive < $156,000 I inclusive. sealed on of thereafter and of April Ind. Elizabethtown), (CST) p.m. inclusive. Rockcreek School Twp. (P. O. (CST) p.m. April 2 for the purchase of $855,000 site and building-bonds. at 1962 as on from receive purchase will 'receive 7:30 on able Sold—No bids March 27—v. Education, of 7 the 1977 to Bank of Elkhart. Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. Principal and interest City. revenue Treasurer - will 1957. Due 1, Due 1977 to 430,000 Buckner, school building bonds. Dated April interest First the at until for 1 tion^ Bond Offering—Melvin L. Rey¬ Secreatry and Clerk, bids p.m. Principal payable (J-J) (P. O. Moline), rill and Board sewer , inclusive. payable at the City Treasurer's of¬ fice, or at 'the Chase Manhattan Bank, New York City. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York and from 1 inclusive. Rock Island County District No. 40 nolds, Not from 1 Jan. on 1976 1967. Principal and interest (A-O) Bonds Jan. Eger, will receive (CST) on April 5 for the purchase of $55,000 school building bonds. Dated Apri| 1, 1957., Due semi-annually from July 1, 1958 to July 1, 1962 1 750,000 3s. & Hazard, Ky. Bond Offering—Naomi City April on 1966 Grafton Wyatt, Due 57 1962 to 1965 inclusive., from ap¬ of Lpuisville. Township Charles — Legality 2%s. 180,000 Peoples the at Hazard. by proved Trustee, sealed bids until follows: as Offering Township inclusive. Due to of Miller, & School Township Bond Co., Chicago, on 1968 to 1969 of Jan. 1, as Due 80,000 3%s. of on 4s. Ice Indiana price of 100.003, a net interest 3.79%, payable of Grafton, to at Trust (J-J) Bank Bank (P. O. R. F. D. No. 5, Elkhart), of¬ awarded were Oslo gen¬ bonds the a McCord, Ross, of approved by Citizens the at Mooresville. Legality Indianapolis. Jacksonville, Fla. —Bond able ap¬ Trauernicht, Palatine, III. Barney son .Interest proved by Charles & of St. Louis. of the bonds to be under¬ which ^re scheduled written about April (1565) and financial Chronicle | dressed to the Authority as . Chronicle Commercial and Financial The 58 Monday, April 1, 1957 . . . (1566) ' of Company, Trust Street State Boston, Group B at the National Shawmut Bank of Boston, and Group C at the Worcester County Trust Company, Worcester. Each issue will carry the legal opinion recognized bond attorneys. of bids according to T. G. Evensen & As¬ until 8 p.m. (EST) on April 2 for sociates, Inc., * 723*First National Soo Line Buildjbg,; Minneapolis 2, the purchase of $1,500,000 build¬ The bands will be dated ing and site bonds. Dated March Minn. Feb. 1, 1957. Due'on Feb. 1 from I, 1957. Due on July 1 from 1958 1967. Principal and interest (J-J) payable at a banking insti¬ tution designated by the success¬ ful bidder. Legality approved by 1, O. East Cambridge), Mass. Middlesex County (P. are July 1, 1968. Principal and interest (J-J) payable at a bank of Detroit. designated by the purchaser. Legality approved Bond Sale—The $680,000 street by Miller, Canfield, Paddock & and alley paving special assess¬ Stone, of Detroit. trust or Feb. 1, on company Minn. "r E. Ol¬ Village Manager, will receive 7:30 p.m. (CST)' on April 22 for the purchase of $110,000 improvement bonds Dated May 1, 1957. Due on Jan; I sealed bids until caLaole 1959 to 1976 inclusive. Prin¬ from cipal galley, Paul, Offering—Gordon son, 1968. Golden Detroit, Mich. Bond Bonds due 1987 inclusive. 1960 to in 1978 and thereafter are of as Stone, Miller, Canfield, Paddock & thereafter and 1977 due in callable inclusive.' Bonds 1986 to St. North Education, will receive sealed from 1958 to 1985 in¬ clusive. Bonds due in 1978 and thereafter are callable as of July July 1 on Minn. interest and payable at a banking institution designated-by. the successful bidder. Legality ap¬ Offerin£-f Sealed bids will until ll a.m. (CST) proved by Briggs, Gilbert, Morton, on , / April 18 for <the- purchase of Kvle & Macartney, of St. Paul. were awarded to ment bonds offered March 26— $1,100,000 improvement bonas* ac¬ Safe Deposit & Trust Co., and Pelican Rapids, Minn.. \ Scottvilleh Mich. v. cording to T. G.'Evensen & Asso¬ 185, p. 1427—were awarded to Second Bank-State Street Trust r. Bond Sale — The $55,000 water Bond Sale—The $59,000 general the First of Michigan Corp., at a ciates, Inc., 723'First National Soo Co., jointly, at 1.95% discount. and sewer system bonds 'offered obligation storm sewer bonds of¬ Line price of 100.025, a net interest cost Building,'j Minneapolis 2, March 21—v/ 185, p. 1328—were fered March 25 were awarded to Nahant, Mass. of about 2.73%, as follows: Minn. The bands will be- dated awarded to Piper, Jaffray & Hbp4 Kenower MacArthur & Co.r at a Note Sale—Ait issue of $150,May 1, 1957. Due- on Feb; 1 from $170,000 5s. Due on March 15, price of 100.004, a net interest cost 1960 to 1979 inclusive. Bonds due wood,'as 3.70s,. at. a price of 100:55; 000 tax anticipation notes was 1958. of about 3.59%, as follows:, a basis of about 3.67%. : i i sold to the Essex Trust Company, in 1972 and thereafter are callable 510,000 2V2S. Due on March 15 of Boston, at 1.98% discount. $17,000 3V2S. Due on March 1 from as of Feb.'1, 1964. Red Lake County School District from 1959 to 1961 inclusive. S&IV '" -1 ■ 1958 to 1960 inclusive. • No, IS (P. O. Red Lake Falls)-, Oxford, Mass. •». Grant, Stev&nsritnd' Traverse^ " ; Gladstone School District, Mich. 42,000 3V4S. Due on March 1 from Minnesota Counties Joint Indep. Consol. • Note Sale—An issue of $100,1961 to 1967 inclusive. Bond Offering—Leroy Hamilton, Sch. Dist.:,No. 3 (P. O. ; Bond Sale—The $365,000 sehoof 000 tax anticipation notes was Secretary of the Board of Educa¬ Townline School District (P. O. building bonds offered March 25*rHermiin), Minn. \ sold to the Merchants National tion, will receive sealed bids until Grand Rapids), Mich. v. 185, p. 1204—were awarded to a / Bond Offering--Arthur J. Lien, Bank, of Boston, at 2.07% dis¬ 8 p.m. (EST) on April 4 for the Bond Offering — Kathryn Olin, count. District Clerk, will receive sealed group composed of E. J. Prescott,. purchase of $420,000 building and Secretary of the Board of Educa¬ & Co., Kalmaii & Co., American; bids until 2 p.ml (CST) on April 9 ' site bonds. Dated April 1, 1957. Quincy, Mass. tion, will receive sealed bids un¬ National Bank of St.! Paul',' and for the purchase of $325,000 build¬ Due on July 1 from 1958 to 1986 *Notc Sale—The $500,000 notes til 8 p.m. (EST) on April 2 for Juran &' Moody, Inc.," at a price of 5 ing bonds. Dated Feb. 1, 1957. Due inclusive. Bonds due in 1968 and the offered March 27 were awarded to purchase of $125,000 school par. a net interest cost of about on Feb. 1 from I960 to 1977 inclu¬ thereafter are callable as of July the Norfolk County Trust Co., building bonds. Dated April 1, 4.04%,. a$.follbws:;;; ;r V .v%.//"> •- '4; 1, 1967. Principal and interest 1957. Due on July^l from 1958 to sive. Bonds due£in. 1973 and there¬ Brookline, at 1.948% discount. after are callable* as of Feb. 1, $70,000 3V2s. Due on Feb. 1 from (J-J) payable at a banking insti¬ Sale—The Note offered March 26 notes $650,000 — v. — 185, p. 1436 the Boston Bond received be . , .. •.: . - The notes Due 1957. 27, March dated are on Oct. 25, 1957. Prin¬ cipal and interest payable at the National Shawmut Bank, of BosLegality approved by Storey, tun. Palmer Thorndike, designated by the success¬ ful bidder. Legality approved by bonds March offered awarded W. to E. &30s, at a Dated 1957. 1, 1957 to Due 1975 inclu¬ Principal and interest pay¬ able at the Boston Safe Deposit & clusive. Sale—The Bond bonds 185, v. 28 — 1426—were awarded to p. Tucker,, Anthony & R." LY Day, as 2.V4S, at a price of 100.08, a basis of about 2.21%. site' and March until 11 a.m. (EST) on April 2 for the purchase of $900,000 funding loan bonds. Dated April 1, .1957. Due on April 1 from 1958 to 1967 in¬ of interest and payable at the National Shawmut Bank, Legality Boston. of & ap¬ Somerville, Mass. Sale 'the awarded —were to the Merchants National Bank of Boston, discount. at 1.96% building offered bonds 1437—were the First of Michigan to 185, p. Due Dec. 1 from on 1963 to 1973 208,000 3%s. 1974 to inclusive. Due Dec. 1 from on inclusive. 1986 Ironwood, Mich. Note Offering — Leo Adriansen, receive sealed bids until 7:30 p.m. (CST) on April 3 for the purchase of $100,- City 000 Clerk, will tax anticipation notes. March 1, 1957. Dated Due Aug. 10, 1957. Offering—Homer Secretary sick, the C-u- Board of (EST) on April 9 for the purchase of $1,000,000 building site bonds. on Dated June thereafter 1 April from 1958 to Bonds due in are callable of cessful Jan. clusive. the building Dated April 1, 1957. Due 1 from 1959 to 1983 in¬ Bonds thereafter 1967. $750,000 are due in callable Interest as 1968 and Clawson School District, Mich. Bond Sale Postponed — Date of Olivet District, Mount Bond Offering — The Secretary of the Board of Education will ceive sealed bids until 7 re¬ p.m Community School District, on April 4 for the purchase $810,000 school building anc! site bonds. Dated Nov. 1,1956. Dwe . 1, Educa¬ Whiteford Township Agricultural (P. O. Ottawa Lake), Sch, District the building bonds. Dated April 1, Due on April 1 from 1958 1975 inclusive. Interest A-O. Principal and interest payable at a banking institution designated by the successful bidder. Legality approved by Miller, Canfield, Pad ¬ dock & Stone, of Detroit. ing bonds 185, . , p. offered March $90,000 4V4S. 1958 95,000 to 4s. 1963 Due on July 1 from 1962' Due to 1967 to 1980 to July from Due on July 1 from inclusive. Due on July 1 from inclusive.- 1982 Whitemore Lake School District, Michigan Bond Offering—Duane W. til Bauer, chase lows: by proved Faegre Minneapolis. & Benson, % v. Due July 1 from Bonds are 1958 due 1983 to in callable 1968 Marshall as of July interest of Detroit. (P. O. Moorhead), Minn. Offering — Sealed bids received be (CST) on chase of until April for 30 , >, 1937 inclusive. 1960 to The 1957. , . . bonds rale ,dated April. 1, Interest A-O. Legality ap¬ proved by Wood, King & Dawson} of New York City. * *; County'(p. O. Warren), Bond Sale—The 185, offered March 26—v. 1328—were awarded to p. the Citizens State Bank of ton, 2.80s, at as Arling¬ price of 100.08, a basis of about 2.77%. a Marshall and Polk Tyler, Minn. hos^ pit.al bonds offered March 21—v. 185, p." 1328 *— were awarded to. Juran & Moody, Inc. MISSISSIPPI * Counties '■ Sale—The; $200,000 'Bond $54,000 drains bonds age .*'• . Joint Chickasha County, Okolona Munic. Indep. Consol. Schi Dist. No. 2 (P. O. Wafren), Minn. Bond Sale—The $210,000 build¬ ing bonds offered March 26—v. 3 the p.m. pur¬ $1,120,080 building bonds, Separate School District Okolona), Miss. Bond j 185, 1427 p. Juran & $40,000 awarded were r— Moody,wInc., 3s. Due ; I960 to Feb. on to follows: as 1 from 1963 inclusive. bids until school 3s. 1969 Duo to on 1971 inclusive. Feb. 1 90,000 3.90s. Due 1972 The terest to to of bear * 1.20%. from Aug. 1, 1957 1, 1958..,-"; fn callable (P. O. School cipal Lyle), Offering—Olaf District Clerk, M. will Rose- receive (CST) 1960 to Legality 1986 to . until Bonner Dug- receive will 10 9 a.m. (CST) for v 1968 as and and Bonds, thereafter .are of March 1, 1967. Prih-. interest payable at a purchaser. by Charles & inclusive. Legality ^approved Trauernicht, of St. Louis. on April 9 for the,purchase of $363,000 school building bonds. Dated April 1, 1957. Due on Jan. 1 from J-J. 1953 place designated by the Minnesota Bond $450,000 ' from 1958 to 1982 inclusive. Independent "*C on soli dated 90 , the purchase of $1,000,000 school bonds. Dated June 1, 1957. Due on March 1' April due No. —- Clerk, bids Mower and Freeborn Counties Joint District of from ' . Offering City gan, On in¬ Due Municipal Separate School District, Miss. ■ - sealed additional Shell, E. Greenwood Bond Feb. 1 from a.m. purchase bonds. (P. O. „ receive sealed (CST) on April inclusive./ from 19£7, inclusive. bonds Aug. on O. — will 11 for.the 3 • 30,000 Offering Clerk, City 1982 50,000 3V2s. Due on Feb. 1 from 1964 to 1968 inclusive. sealed bids until 3 p.m. Clay County Indep. School District Bond 1953 to , school 3 improvement ..bonds. Due on April 1 from ; ' void, MINNESOTA will bonds. April 1 from on 5,663,000 ; • Minnesota in¬ and 1, 1967. Principal and (J-J) payable at a banking insti¬ tution designated by the success¬ ful bidder. Legality approved by Miller, Canfield, Paddock & Stone, 122 .works water 1987 inclusive. of • ..-v." : ;"" $1,000,000 Dated Jan. I, 1957- Due on Jan. 1 from 1959 to 1978 inclusive. Bonds 8 p.m. (EST) on April 3 for purchase of $275,000 building bonds. Dated April 1, 1957. Due on re¬ a.m, (CST)., pn April 10, for the .pur¬ of $6,663,000 bonds, as fol¬ on April 17 for the^purchase of $400,000 sewage disposal plant bonds. un¬ the Michigan Offering—George W. McSecretary of Board of receive sealed . 1 inclusive.' 1979 120,000 3V2s. inclusive.; on 1966 405,000 3%s. No. Cardell, Managerwill City ceive Va- sealed bids until 7 p.m.'. (CST) 27—v. 1437—were awarded to a group composed of the First of Michigan Corp.; Braun, Bosworth & Co., Inc., and Paine, Webber, Jackson & Curtis, as follows: Royal Oak Twp. School District No. 8, Fractional (P. O. Hazel Park), Bond City sey, B. .*/\ Comptroller, will bids until 10 chell, Offering—Harold V St. Paul, Minn. Offering—Joseph J. . Mit¬ Bond Mankato, Minn. Bond , Sale—The $710,000 build¬ thereafter April 4 for $275,000 school on .\r;, * - Michigan Bond clusive. (EST) purchase of p.m. Barber, of Minneapolis. and til 8 & Scott interest payable at a due in 1973 add thereafter are banking institution designated by callable as of Jan. 1, 1968. Princi¬ the successful bidder. Legality pal and interest payable at a approved by Miller, Canfield, Pad¬ banking institution designated by dock & Stone, of Detroit. the successful bidder. Legality ap¬ cipal tion, will receive sealed bids un¬ (EST) of of the Board of Secretarv to Clemens, Mich. , April 15 for the purchase of $495,000 improvement bonds. DatedJan. 1, 1957. Due on Jan. 1 from: Bonds due Jan. on Secretary of the Board of Educa¬ Michigan Bond Offering — John M. Davis, ing and site bonds has been changed to April 9 from April 8— 1437. March Dated tion, will receive sealed bids 1957. p. 1 from Dec. on May 1 from 1958 to on Legality approved Detroit. sale of the issue of $250,000 build¬ 185, bidder. by Berry, Stevens & Moorman, of J-J. Clintondale School 1960 to 1974 inclusive. in 1968 and thereafter are callable est (J-D) of Jan. 1, Legality ap¬ proved by Berry, Stevens & Moor¬ man, of Detroit. v. . - 1, 1956. Interest J-D. bonds. Due June 8 April 8 for site 1957. 1968 as tion, will receive sealed bids until on $43,000 tendorff, Secretary qf the. Board of Education, will receive sealed bids until 8 p.m. (EST) on April 8 for the purchase of $215,000 building 1, 1, 1967. Principal and inter¬ payable at a banking in¬ stitution designated by the suc¬ bonds. issue of Highway District, Mich. Bond Offering—Mamie Schmid- until 8 p.m. 1983 inclusive. Berkley School District, Mich. of A. Education, will receive sealed bids and Bond Offering—Leonard Leone, Secretary of the Board of Educa¬ on terest of 1.80% from Aug. 1, 1957 Offering—W. H. Norlen,,^ Augf l, 1958. Clerk, "wiU receive sealed Rochester, Minn. ;i bids until 4 p.m. (CST) on April Bond Offering—Elfreda Reitef,-, 23 for the purchase of $1,600,000 school building bonds. Dated City Clerk, will receive sealed on April 1, 1957.t Due on Jan. 1 from bids until 7:30 p.m. (CST) 1975 inclusive. Interest M-N. Prin¬ 1 from Due on Dec. 114,000 4s. 1957. Due (EST) purchase of * additional in.~ bear bonds District V andalia School and and MICHIGAN p.m. k Mich. District, Corp., and Kenower, Mac Arthur Co., jointly, as follows: Bond $750,000 notes offered March 26—v. 185, p. 1436 — The proved by Dorsey, Owen, Barker, Dated Dec. Michigan Center School District, Michigan Dodge, of Bostorr. Note County School District (P. O. Two Harbors), Minn. from Due on Feb. 1 1987 inclusive. ; "1975 to Legality approved by Miller, Gan- proved by Storey, Thorndike, Pal¬ mer Lake 1968 to 1974 inclusive. / 220,000 4s. 1, 1967. ^Principal and interest payable at a suitable bank- 1959 to 1967 inclusive. Legality dping institution designated by trie proved by Dorsey, Owen, Barker; successful bidder.; Legality Scott & Barber, 'of Minneapolis, ap¬ & Boston, Principal & 1965 to 1971 inclusive. 1959 to 1962 inclusive. nolds, City Treasurer, will receive sealed bids c/o The National' clusive. School 25—v. awarded Somerville, Mass. Bank, Vehicle 25,000 3V2S. Due of April as Sale—The $350,000 school $28,000 4V2S. Bond Offering:—William J. Rey¬ Shawmut callable Bank, Holland. Bond March are Hudsonville $125,000 pave¬ offered • " 1967. Principal and interest (A-O) payable at the First Na¬ tional Salem, Mass. ment and 1, Company, Boston. approved by Ropes, Coolidge & Rugg, of Boston. 1968 Legality by the purchaser. ^ |. 75,0ArV- 3:90s. Due on Feb. 1 from fieid, Paddock & Stone, of Detroit. thereafter Legality Gray, Best, in due Bonds suitable bank desig¬ any approved by D<jrsey, Owen, Barker, Scott & Barber, of Minneapolis. til 7 p.m. sive; Trust nated Fund (EST) on April 3 for the bonds was sold to Paine, Webber, purchase of $120,000 building Jackson & Curtis, as follows: bonds. Dated April 1, 1957. Due $18,000 3%s. Due on Dec. 1 from on on April 1 from 1958 to 1982 in¬ 1957 to 1964 inclusive. & April from 1 City, Mich. Sale—An Bond Motor at 1967 inclusive; ^ 1960 to Principal and interest pay¬ able Bond Union Secretary of the Board of Educa¬ tion, will receive sealed bids un¬ of about 3.26%. Oct. Deur, Co., & Paddock Miller, Canfield, Stone, of Detroit. by were 28 Hutton 1968. of designated by the suc¬ cessful bidder. Legality approved Holland), Mich. Offering—Kenneth Bond school Co., jointly, as price of 100.26, a basis Estabrook and est Fillmore and Randolph, Mass. Sale—The $100,000 Bond as Principal and inter¬ (J-J) payable at a banking in¬ stitution Townships School District No. 1 (P.O. Boston. callable are July 1, 1967.. of Detroit. Howard thereafter and Miller, Canfield, Paddock & Stone, of Dodge, & Bonds due in 1968 1983 inclusive. tution Interest approved-by Hor¬ sey, Owen, Barker, Scott & Bar¬ ber, of Minneapolis. Jefferson District Bond bonds County, County School (P. O. Fayette), Miss. Sale—The $375,000 offered March 25 — . school v. 185> awarded- to Ducournau & Kees, an* White, Hattier & Santord, jointly. ) p. 1437—were . Number 5625 Volume 185 .The Commercial and .: Meadville, Miss. Glasgow, Bond bale—An issue of $95,000 Bond System Revenue City sold to a group Headed bids Gas natural bonds was as Alvis & Company, of Jackson, il'zs.. Dated Jan. 1, 1957. Due on Jan. 1 from by 8 p.m. Bond 3%% and Special Dated ject City National Bank & Trust Co., of Kansas ..City, jointly. to Mc- Board of Education Mrs. Gertrude Jhly I . Offering—Marion Hoyde, District Clerk, will receive sealed bids until 2 p.m. (MST) April on about of for the purchase of $180,000 building bonds. Due Dec. 15, 1956. . sealed ceive 3.89%. Y. (EST) bids; until 2 4 for the pur¬ $1,150,000 school bonds. Dated - April 1, 1957. Due on April from 1 inclusive. 1987 to 1958 Principal and interest (A-O) pay¬ able at the First National Bank, Falls. Legality approved of Glens by Vandewater, Sykes, Heckler & p.m. Rosebud County, Forsyth High Sch. NEW YORK >7 (CST) on April 5 for the purchase Dist. (P. O. Forsyth), Mont.$2,100,000 school bonds. Dated Cheektowaga (P. O. Cheektowaga), ) Bond Offering May 1, 1957. Due on Feb. 1 from, Caroline Ross, 7"-7-'v "\77x -'New York ""7 ** 1958 to 1977 inclusive.' ■* Principal District Clerk, will receive sealed Bond Sale The $408,500 varand interest payable at a bank or bids until 8 p.m. (MST) on April jojus purposes bonds offered March 18 for. the trust company designated by the purchase of $240*000 25—w J 85, p. 1329—were awarded purchaser, subject to appproval by bonds, as follows: to a group composed of George B. the Board of Education. Legality $235,000 building and equipment Gibbons & Co., Inc., Bacon, Ste¬ approved by Stinson, Mag, Thom¬ bonds. venson & Co., and Doolittle & Co., son, -McEvers & Fizzell, of Kanas 5,000 improvement bonds. 3.70s, {at a price of 100.55, a sas City. / / r,'„ The bonds are dated Dec. 30, basis, of about 3.63%. - - Galloway, of New York City. " Newburgh Union Free School DUt♦ No. 11 (P. O. Newburgh), N. Y. — ' . Sale—The $130,000 school Bond bonds offered *.> 1956.;.. (Pi O. Neosho), Mo. i. • || •«'' - Bond Sale—The $360,000 build- J-,7 'iM in'g bonds offered March 27—v. V| 185, p. ,1328 — were awarded to Stern Bros. & Co. White & 3.70s, at a price basis of about 3.66%. Co., headed sold to a Trust *' 3%s. from Due 1959 to 380,000 Nebraska City, Bond Offering 1966 200,000 3%s. 1976 and . Due 1 March on bids 3 1 March on Dated 1, 1, 1957. Principal (M-S) payable at the Mercantile Trust May Louis. Charles Trust Company, of approved by Trauernicht, of St. 185, p. First the Ethel Gaskill, electric^ water and gas Dated April 1 from bonds. revenue* on inclusive. Bonds due 1977 to interest callable 1, 1962. Principal and of April payable (A-O) the at County Treasurer's office. Legal¬ approved by Stinson, Mag, McEvers & Fizzell, of ity Louis. St. Louis County, V.' Kansas Kirkwood School school I l I t Missouri r • Bond f Sale bonds 185, \ ' City. tional Tuckahoe, (EST) on gality Sykes, offered 26— March 1328—were awarded to a p. Heitner & Gardner, at interest cost follows: Reinholdt price of par, a net Glynn, a and about of 3.06%, as ; Bond Sale — awarded 1958 the Harris Trust & Savings Bank, Chicago, as 3s, at a price of 100.32,. § basis of about ; 1966 Due 1976 to Feb. J from on Feb. 1 -I--. - . 260,000 3Vss. Due on - Feb. 1, 1977. : \ ' Bond $185,000 sewer bonds offered March 26—v. 185, p. Kingston, as National 3.40s, at Billings, Mont. Bond Offering—William J. Fry, Jr., City Clerk, will receive sealed — Barbara H. Taylor, District Clerk, will receive sealed bids until 3:30 p.m. (EST) for the purchase of $640,000 school bonds. Dated May 1329 were awarded to Boland, il, 1957. Due on Nov. 1 from 1957 Saffin & Co., as 3.55s, at a price to 1984 inclusive. Principal and of 100.01, a basis^of about 3.54%. interest (M-N) payable at the Eatontown School District, N. J. National Bank of Westchester, in bids until 7:30 p.m. (MST) on April 16 for the purchase of $20,- 800 bonds . behalf-of on theHel- Bond Sale—The $250,000 build¬ ing bonds offered March 21 — v. 185, p. 1205 — were awarded to Boland, Saffin & Co., and the lowing Special Improvement Dis¬ Fidelity Union Trust Co., of New¬ tricts: ark, '■> $3,280 District No. 701 bonds. . 2,480 District No. 702 bonds. 5,200 District No. 703 of 100.24, on April 9 bonds Fort' bonds. dated are May a as 3%s, at a price Tarrytown, or at the Chase Man¬ hattan Bank, of New York City. approved by Vande¬ Sykes, Heckler & Gallo¬ of New York City. Legality water, way, Lee Bond District basis .of about 3.72%. 1, School Sale —* District, The N. J. $1,084,000 25 v. 185, p. 1329 -L were awarded to a group composed of Rand & Co., Roosevelt & Cross, John J. Ryan & Co., Lebenthal & Co.-, F. R. Cole & Co., Rippel & Co., and building bonds offered March bonds (P. O. 'Elmsford), N. Y. $12,000 sewer March 26—v. 185, Sale—The offered awarded' to the County Trust Co., White Plains, as p. 1438 — were — 1957. Flathead County, School Columbia District (P. O. Falls . Kalispell), Mont. Bond Offering—Bids will be re¬ ceived until chase of May 14 for $800,000 '•j building bonds, high -.school it is reported. Robert N. Tuller & Co. The group the.pur-, purchased 4.35s, at of about a bonds .as price of 100.15, a basis $1,083^000 4.33%. will until bids 3s, at about a price of 100.50, a basis of 2.*91%. .. Bond Sale—The provement bonds $736,000 offered Y. im- March 185, p. 1438—were awarded Hornblower & Weeks, and to J. C. Bradford & Co., jointly, as of about'S.07%. Ohio 'Bell aire, bids until receive will Clerk, City sealed Ben¬ Offering-^Blanche (EST) noon on April 10 for the purchase of $19,000 fire truck and equipment Jan. Dated clusive. Principal Due 1957. 15, 1958 to 15 from Dec. on 1962 in¬ and interest payable at the City Audi¬ office. (P. Sale O. Durham), $2,700,000 The — offered March District, Bond School Village Exempted Belpre Ohio Offering — Herbert D. of Board of Edu¬ cation, will receive sealed bids until noon (EST) on April 4 for Spencer, Clerk purchase of $410,000 building improvement bonds. Dated March 1, 1957. Due on Dec. 1 the from 1958 to 1981 inclusive. CAROLINA County 26—v. 185, Prin¬ cipal and interest (J-D1) payable at the Peoples Banking & Trust Company, of Belpre. Legality ap¬ proved by Sanders Squire, & Dempsey, of Cleveland. 1330—were awarded to a group composed of Northern Trust Co., Harris Trust & Savings Bank, , Chicago, Drexel & Co., First National Bank of Portland, City Auditor, will receive sealed bids until noon (EST) on April 12 Ore., Trust Company of Georgia, of Atlanta, Baker, Watts & Co.. line p. both and of Model, Roland & Stone, at a price of par, a net interest about 2.94%, as follows: cost of v ' $120,000 3s, due, on 1 from $305,000 from 6s, 1958 due on April 1 1960 inclusive; to 1961 to 1964 1965 to 1976 April 1 inclusive; $745,000 2%s, due on from and 1 April 1977 to 1982'inclusive. school building bonds: 2,200,000 from 1, 1957. to April 1 inclusive; $910,000 3s, due on from 1,977 to 1984 Offering 1967 April inclusive. — purchase extension Willard York, of $1,600 water bonds. Dated payable at the City Legality ap¬ office. proved by Peck, Shaffer liams, of Cincinnati. Coldwater, Bond Feb. Due on Dec. 1 from 1958 inclusive., Principal and Treasurer's 1961 $240,000 2%s, due on April 1 from 1965 to 1976 inclusive; and the for 2V2s, due on April 1 to 1964 inclusive; $80,000 from Celina, Ohio Bond interest (J-D) $500,000 Memorial Stadium bonds: $60,000 6s, due on April 1 .from 1958 to 1960 inclusive; 28—v. , as price of 100.98, a basis .and A-O. $240,000 2V2s, due on Hamburg (P-. O. Hamburg), N. a Corp., Cleveland First the to 2Vas, at noon North Carolina Bond $49,000 swim¬ offered March 1438—were awarded bonds pool 27—v. 185, p. re¬ on NORTH Greenburgh, South Elmsford Sewer Bond 9,840 District No. 704 .bonds. The jointly, at par. Comptroller, inclusive. Interest bonds — MONTANA - fire $35,000 The — sealed (EST) ,<Greenburgh and Mount Pleasant Union Free School District No. 1 Offering ming Utica, N. Y. City Durham Bond Archbold, Ohio Sale—The Bond Bond a (P.O. North Tarrytown), N. Y. par. Mit¬ Offering—Thomas J. Nel¬ Bond basis of about a 1097 — were aWarded to the Antwerp Exchange Ban k .Company, Antwerp, as 3%s, at a price p. tor's ceive 3.37%. ' , Sale—The York New 100.10, price of < M . of Bank • JERSEY of improvement March 15—v. 185, offered bonds (J-D) , i special Sale—The $11,000 Bond assessment street Schenectady, as 2%s, Port Ewen Fire District State OHIO bonds. son, - Belmar, N. J. from .. inclusive. . NEW inclusive. 1965 to 495,000 3s. on The $400,000 hos¬ to ; 2.96%. Sale Bond New York City. the pital bonds offered March 26 were ■ $245,000 314s. Due O. ' published in our 1438. Antwerp, Ohio Cald¬ April 16 for the pur¬ Bond Sale—The $20,000 fire dis¬ chase of $1,728,000 general obliga¬ trict bonds offered March 27 — tion bonds. Dated April 1, 1957. v. 185, p. 1329—were awarded to Due on April 1 from 1958 to 1984 HAMPSHIRE Rockingham County (P. Exeter), N. H. foregoing supple¬ The — issue of March 25—v. 185, p. apparatus bonds offered March 27 —v. 185, p. 1438—were awarded to the Mohawk National Bank of approved by Vandewater, Heckler & Galloway, of Esopus, and Principal 1957. 8, Niskayuna Consolidated Fire Dist. No. 1 (P. O. Niskayuna), N. Y. at the Manufactur¬ York City. Le¬ or Note ments the report nett, Trust Co., New ers purchaser'* the Shetterly & Mit¬ chell, Pershing, chell, of New York City. payable at the Na¬ of Westchester, in Bank Nov. City. Legality approved by well, Marshall, Trimble & April 11 for the purchase of $16,000 building bonds. Dated May 1, 1957. Due on May 1 from 1958 to 1967 inclusive. Principal and in¬ (M-N) a option. Legality approved by Mit¬ p.m. payable at the Chemical Corn Exchange Bank, New, York nett,-District Clerk, will receive - NEW ; $1,000,000 Sayings- Bank,, Chicago, Blewcr, & Due 1 interest (P.O. Tuckahoe), N. Y. S. Ben¬ terest at Greensboro, Offering—Philip J. Cruise, (EST) on April 9 for the purchase of $26,211,000 series 109th notes. Dated May 7, 1957. until Bond Offering—Harvey sealed bids until 10 a.m. B, are also payable at the National Bank, of and Guilford Chairman, will receive sealed bids Sch. Dist. Free A of Cbas. (P. O. Port Ewen), N. Y. ..V.-' The — group composed of Harris Trust & *8 and York New Thomson, District No. R-7 (P. O. Kirkwood), v. Union Eastchester No. 1 receive sealed p.m." (CST) on April purchase of $600,000 Albany, Co., a as York..Ci*v Housing Authority, Note King & Co., New York City, jointly, as 3.40s, at a price of 100.06, a basis of about 3.38%*. ; Neb. in 1963 and thereafter are as Legality & — April 1, 1957. Due; 1977. and interest St. 1 the for utilities 1958 • until combined inclusive. 1975 to & Clerk, ' will City inclusive. 1965 Due from M;arch on to Lincoln, and Stern Co., Kansas City, jointly. & Trust Company, of St. Louis, as follows: $170,000 to New 27—v. 185, p. Co., Bros. group Mercantile was the by com¬ revenue water awarded 1437—were im¬ 100.33, March offered bonds provement (M-N) interest and 185, v. Bacon, Stevenson & Co., and R. D. 1438—were awarded the National Commercial Bank $700,003 and Coxsachie, N. Y. Sale—The $73,000 •, Bond > • ' V bonds offered March 26—v. Parkway Consol. Ridge Sch., Creve Coeur), Mo. Bond hale—An issue of $750,000 Sch. Dist. (P. O. Mason school bonds electric bined «* City, Neb. Sale—The Bond V! N EB RASH A Falls r Louis County, St. V. V .• ... — Principal payable at the Bankers Trust Company, of New York City. The street improvement bonds, series 1329—were awarded to a group composed of Roosevelt & Cross, Geo. B. Gibbons & Co., Inc., of ky;;;. .■/%;...;v . ' March 21 1 1990 inclusive. p. . County Sch. District No. 57 Newton sanitary sewer, series B bonds. Dated May 1, 1956. Due on May 1 from 1959 to 1,300,000 chell, of New York City. - of r 1990 in¬ 1959 to 1 from clusive. p.m. April on of i water, series B bonds. Dated May 1, 1956. Due on Harold Van- — chase about 3.70%> of Offering 1, from 1 inclusive. 1975 to May on se- May 1,200,000 dewerker, District Clerk, will re¬ \ Bond Sale —The $192,000 bonds March 27—v. .185,. p. 1329 —were awarded to Boland, Saffin & Co., as 3%s, at a price of 100.13, basis Due 1960 Dated bonds. B 1957. v Bond improvement, street ries , (P. O. South Glens Falls), N. offered a 2.35%. May 1 from 1958 on 1975 inclusive. May R. W. Pressprich & Co., West Paterson, N. J. ; basis a Moreau, Northumberland and Wil¬ ton Central School District No. 1 Co., and Rand & Co. The group bid for $1,649,000 bonds as 3.90s, at a price of 100.06, a basis 1, price of 100.08, a about of & lor County School District No. 10 (P. O. Conrad), Mont. 15 Barnett announces that sealed until 4 Dated bonds. 'Bond (P. O. Hannibal), Mo. ' * ) Bond Offering — Secretary of 2.40s, at >, bonds. A 500,000 986—were awarded Bros.- & Hutzler, as p. Salomon to Wood, Struthers & Co., Kean Tay¬ County School District No. bids will be received a ties Corp;, Pondera 60 K. — Peabody & Co.; Equitable Securi¬ v Marion to . 185, —v. bonds offered March 21 185, p. 1205 — were awarded group composed of Kidder, v. 1957. Fizzell, of Kansas Chy. Evers & Plainheld), N. J. The $1,650,000 O. Sale Bond '7 " (P. im¬ $170,000 ' building building approved Mag, Thomson, Stinson, by Legality City. District The — Ra¬ improvement, seDated May 1, street 1957. Due to provement bonds offered Feb. 28 in a.m. follows: as ries County (P. O. Water- Sale Bond sell to and bonds, $350,000 receive will office his at (EST) on April purchase of $3,350,000 the for town), N. Y. Watchung Hills Regional High Sch. re¬ bids until 8 p.m.- (MST) on April 15 for the purchase of ■; $35,000 Principal and interest (M-S) pay¬ able at the Commerce Trust Co., Kansas bids Jefferson City right to Bond Offering—Patricia Sather, District Clerk, will receive sealed inclusive. 1977 all were — bids leigh until 11 9 W. E. Easter- — of Local Govern¬ Commission, sealed , basis of about 100.08, a of 1438 4.36%. The 1957. the R. price County School District No. 74 (P. O. Cottonwood),„ Mont. ! Dated April 1, 1957. Due on March 1958 and any Hill both vfrt>m 1, reserves and Phelps, Inc., and Ross & Co., as 4%s, at a on v, / the bonds at private sale. ligation school bonds was sold to the Commerce Trust Co., and the 1" May Council ob¬ 1978. J. ment awarded to the Meadow Brook National Bank, of Freeport, as 3%s, at par. Co., Byrne Improvement District No. 81 bonds. Due . Co., B. J. Van Ingen & Co., J. B. Hanauer & Co., John J. Ryan & p. Offering ling, Secretary Sale—The $172,000 school offered March 26—v. 185, bonds 59 Greensboro, N. C. Bond Bond Co., of Newark, Boland, Saffin & on basis a 3.34%. Hempstead Common School District No. 31 (P. O. Island Park), N. Y. composed of Fidelity Union Trust " - price of 100.65, a about of 1329—were awarded to a group p. $655,000 Improvement v Dist. general April on of 3.40s, at District (P. O. Morris), N. J. Bond Sale—The $594,000 school bonds olfered March 25 — v. 185, follows: as Jan, 1, 1978. 105,000 Special (P. O. Independence), Mo. Sale—An issue of $1,150,- 2%% 000 (MST) Sch. Township Rockaway . sealed receive purchase Jan. 1, No. 58 ' " Martin Miller, District No. 80 bonds. Due ■ MISSOURI County, Center Sch. Jackson Mont. — will the $550,000 proved by Charles & Trauernicuc, of St. Louis. v.? until for bonds, 1960 to 1986 inclu¬ J-J. Legality ap¬ Interest sive. 8 Offering Clerk, (1567) Financial Chronicle Offering & Wil¬ Ohio — Margaret E. DeCurtins, Village Clerk, will re¬ ceive sealed bids until noon (EST) on April 8 for the purchase $11,828 North Street improve¬ special assessment bonds. Dated April 1, 1957. Due on Oct. 1 from 1958 to 1967 inclusive. of ment Principal and interest able pany, at the of Coldwater. proved by Dempsey, of (A-O) pay¬ Com¬ Peoples Bank Squire, Legality ap¬ Sanders 8* Cleveland. 60 The Commercial and Financial Chronicle (1568) i Fairfax (P. O. Cincinnati), noon (EST) on April purchase of $500,000 street improvement bonds. Legal¬ ity approved by Peck, Shaffer & for the 10,325,000 [and 2%s. Due March on Sept. 15 from 1965 to 1969 * 6,195,000 2.90s. Due on March 15 and Sept. 15 from 1970 to 1972 Finneytown Local School District (P. O. Cincinnati), Ohio building bonds Co. & inclusive. ; ' bonds sewer 25—v. No. awarded to Blyth & Co., Inc. 19 Linn Bond . The Bond Offering—Clerk Robert E. Kellett of bids that the until bids Board receive announces Education sealed will 1956. Due 1958 to Dated Dec. Dec. on 1982 15 Due and the Ohio 1958 to •: of Principal payable Bank .at in " Bros.1 Cincinnati. approved Williams, //. ; ties lage Clerk, until will sealed (EST) On April 10;' for the purchase of $9,000 water well bonds. Dated Feb. 1, 1957. 1966 noon Due Dec. 1 from on ' Devine & 1958 to inclusive. Principal and in¬ (J-D) payable at the Lind¬ sey Banking Co., Lindsey. Le¬ gality approved by Peck, Shaffer terest New York Norman — L. Co., L. Dec. from 1 1958 Principal (J-D) to v•' . bids rejected were 185, v. 1330 p. offered for sale — March 7— on being April 12. are on Bond Offering re- man First 1. receive sealed (EST) bids April on chase of ment 22 until Linn Beaverton, Oregonv until 9 a.m. bids until for 8 Due for the oil Nov. (M-N) Trust 1 from 1958 Principal payable Co., to 1967 interest and the at Port purchase of $367,500 building bonds. Dated April 1, 1957. Due on Dec. 1 from Legality Squire, Sanders Si Dempsey, of Cleveland. . • Offering • t ., • . ter, 1958 sealed to 1980 inclusive. Principal (J-D) payable at the National Bank of Toledo, in Mau¬ and interest Hills Local School 3900 Race District Road, Cincinnati), Ohio Bond Frisch of Offering Education bids until for; the school Clerk — that announces receive will Board sealed noon (EST) on April 10 purchase of $2,750,000 , inclusive. payable Principal at the and interest Central Trust Company, of Cincinnati. Legality Peck, Shaffer & Wil¬ liams, of Cincinnati. approved by Ohio (State of) Bond Sale—The $32,000,000 Ma¬ . jor Thoroughfare Construction, Series E bonds offered March 27— 185, v. 1097—were awarded to a syndicate headed by Eastman Dil¬ lon. Union Securities & Co., at a price of 100.01, a net interest cost * 2.906%, $5,155,000 ■ from 6s. as Due follows: the Sept. 15, 1957 to Sept. 15, ■1959 inclusive. f. 2,065,000 5s. Due on March 15 and Sept. 15, 1960. . Due 1967 on .v....-- Nov. inclusive. American , • • , $55,000 build¬ Due from 1959 to 1969 ; provement bonds Cleveland No. ' cival, Clerk of the Board of cation, will receive sealed 1 until ing bonds. —has v /: of v,. Creek I . Canby, Ore. Bond Bond until noon (EST) purchase of April the $136,000 Children's Receiving Home bonds. Dated Apnl 1, 1957. Due on Dec. 1 from 1958 to 1966 inclusive. 11 for Sanders & South Dempsey, of Cleveland. Poin( Local School District, Ohio Bond Offering Ankrim, Clerk Education, will — of Board noon (CST) on April 17 for purchase of $946,000 building bonds. Dated May 1, 1957. ;Due on June 1 and Dec. r from 1958 1980 inclusive. First Principal and interest (J-D) payable at the First March Elk Pearle the H. Swabb be (CST) — - announces received on ' for until April 1 for the chase of $73,000 May 1, 1957. Due 1958 to system ■» i , • (P. O. City School ' , ■ ■ < Bond .Sale—An issue of $41,000 building bonds was sold to LI6n& as Company, 3\zs, at a of office. Bond Legality 1206—were awarded 1o p. First land. National Bank of Port¬ , Dist. Bond 15 until for 8 the general Board 1959 (PST) purchase obligation to of sealed $137,600 bonds. Dated on July 1 from inclusive; Interest 1977 Legality approved by Winfree, McCulloch, Shuler & Sayre, of Portland. ,, s , , _ Oklahoma price of 100.01. County p. at inclusive. ;/ 63,000 to and interest 1967 (M-N) payable at the City Treas¬ urer's office. Legality approved by Winfree, McCulloch, Shuler & Saybe, of Portland. v.. ' * Grants Pass, Ore. * Bond Offering—Earl T. City Auditor, Will Due bonds. on .. 3 Dated Simon- 1, 1958 Offering will day for 1957, 1967 — receive (PST) on Due bonds. on to proved by Mr. Si- bids the same on of. Dated :$60,000 May 1, to y of both issues to bd ap¬ McCullochy Shuler & Sayre, of Portland,;..i \\ sealed (PST) purchase of bonds. Dated April 1 bids until 8 April 11 for the, $1,405,000 building on April 1, Due: 1957. from 1958 to 1967 Principal' and in¬ interest (A-O) payable at the County Treasurer's : off ice. Legality ap¬ proved by Winfree, McCulloch, Shuler & Sayre, of Portland. Multnomah i ; County, District (P. O. Bond i bonds Sale—The $107,700 water March 26—v. 185, offered 1330—were p. & a Sylvan Water Portland), Ore. > m Co., Inc., awarded to price of at a net interest cost of about as-follows:-'' 98.25, 3.84%/ ' $44,000 3Vgs. Due to Blyth 1967 on July 1 from inclusive. 63,700 3%s. Due 1968 to 1977 Silverton, Bond land, Oregon Offering—Ralph City Recorder, sealed bids until on April 1 for $175,000 water bonds. on July 1 from on inclusive. Dated April clusive. 1 are Bor¬ receive p.m. £CST) the/purchase, of filtration 1, 1958 Bonds« due thereafter will 7:30 April from ; E. plant 1957. to 1977 in-" 1968 callable Due in¬ and of April 1, 1967. Interest A-O/Legality ap¬ by Winfree, McCulloch, Shuler & Sayre, of Portland. as . Umatilla County School District 16-C (P. Bond No^ O. Pendleton), Ore. Sale The $1-,994,000 building bonds offered March 26—v. 185, p. 1330—were awarded to May 1 from. 1958 Winfree, Offering—Helen V. Zeller,, Board of Directors, of the receive 1962 Inclusive. Legality County School District Portland), Ore* ' p.m. on , (P. O. Bond 1957. sealed the. purchase inclusive." r from -• receive inclusive. Additional i of $15,000 May May 1 from on 1968 1966 to Multnomah No. Jan/ l Due proved p':m. '(PST) April 3 for the purchase park 4s. , 1958 Principal to the . Bluff; improve¬ Dated May 1, 1957. May 1 from 18—v. Bank, of Portland, price of 100.07, a net interest of about 4.12%, as follows: a cost Twenty-Fourth on March 1206—were awarded National $143,000 414s. Due on Jan. 1 from '1959 to 1965 inclusive. sealed bids until 2 p.m. (PST) on April 8 for the purchase of $27,000 ment bonds. J..« ,, Sale—The $206,000 build¬ 185, First Bond Offering-r- John B. Thomas, City Clerk, will receive Due , Union bonds/ offered 1958 Dallas, Ore. > High School District No. 9-J (P. O. Mill City), Oregon April on of Interest Com¬ receive * p.m. 1, 1957;; Due J-J» Water (P. O. Milwaukie), Ore. Offering — John Lucks, Secretary of the missioners, will bids Wichita June 30 from on inclusive. of Portland. Linn clusive. " . Clackamus County, 1971 approved by Winfree, McCulloch, Shuler & Sayre, will . bonds offered 185, the Ore. Sale ryr-The $50,000-water March 25— system v. Locks, 1957. Due to Legality Clerk Cascade equipment Holdenville), . 1, July by Winfree, McCulloch, Sayre, of Portland. until 8:15 p.m. , City, Treasurer's approved Shuler & j - > Bond Offering — Norman Lind,, Clerk, will receive sealed bids until 8 p.m. (PST) on April 1 for the purchase of $34,000 gen^ eral obligation bonds. Dated callable are 1, 1963. Principal and (M-N) payable at the sealed bids until 8 pur¬ " / District May interest 7:30 . nold of as monsen Oklahoma May 1 from inclusive. Bonds due 1967 ^en, bonds. Hughes County Dependent District No. 3 on in 1964 and thereafter that bonds. sewer purchase of $48,935.30 improvement bonds. Dated • bonds, as follows: $49,000 water works bonds. V " 16,000 airport bonds. 5,000 garbage disposal system 3,000 the sewer * r ; ing Evans, City Recorder, will receive sealed bids until 8 p.m. (PST) on April 8 w City Clerk Portland. Sweet Home), Oregon x ; B. , City, Okla. Offering Will p.m. 185, to ;,; Bond bids 20—v, awarded Securities Co. of Kansas, in Wichita. of receive sealed bids offered 1330—were p. Marshall the the to ! bonds on Principal and interest (J-D) pay¬ able at the County Treasurer's of¬ fice. Legality approved by Squire, Sale—The $30,000 build¬ ing and transportation equipment Ohio Offering Elinor Post, County Clerk, will receive sealed on April 1 $4C0,0C0 build¬ ; Bond ; Offering —H. ; County Indep. Sch. Dist. No. 20 (P. O. Oilton), Okla. Bond 18—v. 185, p. 1097 postponed to April 8. been bids Due from 1959 to 196G : ; " i> ' inclusive. by Edu¬ p.m.; (CST) for the purchase of Port Sandusky County (P. O. Fremont), bids 7:30 payable Dempsey, ; Bond Offering—Charles E. Per- Prin¬ approved Si ! County Indep. Sch. Dist. (P. O. Moore), Okla. 2 originally sched¬ uled for March June of Bank Legality Squire, Sanders Cleveland. until semi-annually 1957. to cipal and interest (M-N) p. of about 1, Clinton. Joseph building bonds. Dated May 1, 1957. Due semi-annually on June and Dec. 1 from 1958 to 1981 , until noon (EST) on April 23 for the purchase of $93,745 improvement bonds; Dated at the ing bonds. inclusive. \ bids from 1958 (P. O. Clinton, Ohio Offering—Elizabeth Car¬ City Auditor, will receive March mee. Oak for the purchase of Co. Rescheduled—The of¬ $48,935.30 sewer im¬ fering, of by , of County School District No; 59 J-J. Cleveland Bond .. April 8 for on " , $200,000 municipal Canby, Oregon Willoughby. approved Bank ;f (P. O. Route l, Box 2892, 1961 pur¬ $150,000 street improve¬ Dated May 1, >1957. inclusive. (EST) p.m. the ' 'r of Portland. — April 22 (PST) the purchase of noon bonds. National Oregon Johnson, Director of Finance, will , on $2,250,000 utility . . Thorn burgh , and building bonds. Dated April 1, 1957. Legality approved by Winfree, McCullough, Shuler & Sayre, William — . C. 1969 Legality approved by Chap-- ing bonds offered March. 25—v, & Cutler, of Chicago. 185, p. 1331—were awarded to the: /■ •«-' Willoughby, Ohio ^ Education, will receive to bonds. ■. - v i of revenue > /;/ Washinglonville, Ohio ■ purchase apartments ;; Bonds Re-Offered—The $27;0C01 > Bond Offering—Alice B. Martin, sewer system1 bonds for which City Recorder; will receive bids l of 1959 - A-O. Peoples •'; '." , system interest at ; the payable the student: in¬ 1980 and William R. Staats & Isphording, Inc.; Fahey, Clark & Co., Stern, Zanesfield-Monroe Local Sch. Dist. Co.; First of Michigan Corpora¬ Lauer & Co., Talmage & Co., (P. O. Zanesfield), Ohio tion; Kenower, MacArthur & Co.; Arthur L. Wright & Co., Inc., Sweney, Cartwright & Co., and Dwinnell, Harkness & Hill, Eman¬ }:'< Bond Offering — E. J. Lundy, Clerk of the Board of Ball, Burge & Kraus, as 334s, at uel, Deetjen & Co., G. C. Haas & Education, will receive sealed bids until noon a price of 100.79, a basis of about Co., Hallowell, Sulzberger & Co., (EST) on May 3 for the purchase J. B. Hanauer & 3.63%. J Co., Malvern Hill of $75,000 Si Co., Inc., building bonds., Dated Janney, Dulles & BatLowellville, Ohio June 1, 1957. Due semi-annually tles. Bond on June 1 and Dec. 1 from 1958 Offering — Joseph R. to Laird, Bissell & Meeds, Miller & 1977 Fisher, Village Clerk, will receive inclusive. Principal and in¬ Co., Park, Ryan, Inc., Schaffer, sealed bids until noon terest (J-D) payable at the (EST) on Necker & Belle-; Co., John Small Si Co., fontaine April 10 for the purchase of $18,National Bank, BelleInc., Sutro Bros. & Co., Townsend. 500 storm sewer bonds. Dated fontaine. Legally,' approved jby Dabney & Tyson, Bos worth; SuL1 April I, 1957. Due on Dec. 1 from Si Williams, of livan & Co., Inc., Stockton Broome Peck; Shaffer 1958 to 1967 inclusive. Cincinnati. Principal & <■Co., Doll Si Isphording, Inc., R. i and interest «" (J-D) payable at the J. 1 Edwards, Inc., Elkins, Morris & LOwellville Savings & Banking oklahoma Co., Fabricand & Co., Farwell, Company. Legality approved by Atoha County Chapman & Co. Independent Sch. Squire, Sanders & Dempsey, of Foster & Marshall, Grant Brown- Dist. No. IS (P. O. Atoka), Okla. Cleveland. ell Si Co., Bond Offering Irving Lundborg & Co., Everett WatMaumee City School District, Ohio Nongard & Co., J. M. Dain & Co., kins, Clerk of the Board of Edu¬ Bond Offering—H. A. Rhine- Fauset, Steele & Co., Bioren Si Co., cation, will receive sealed bids halt, Clerk-Treasurer of the Bruns, Nordeman & until 7:30 p.m. (CST) on Co., and W April 3 Board from Linn County School District No. 19 Dajted. (P. O. Route 2, Box 457, Albany), : r April 1, 1957. Due pn April 1 from Oregon ' // / v// 1959 to* 1982 inclusive. Interest > Bond. Sale—Tihe $14,000^ build¬ sealed* bids noon Bank of Tiltonsville. — sealed 1 Principal; and interest (F-A) payable at" the, County Treasurer's office." Legality ap-. proved by Winfree, McCulloch, Shuler & Sayre, of Portland./ ;; ; Bond Offering — O. L. Lackey, Chairman, will receive sealed bids until 10 a.m. (CST) on April 12 Tiltonsvill^), Ohio Feb. on inclusive. for on Hanseatic . - Due Consol. Exempted Offering clusive. Corp., Rand & Co., Dempsey-Tegeler & & Williams, of Cincinnati. Co., Cutter, Plummer & Bennett, Louisville Local School District, Fulton, Reid & Co., Charles King & Co., Ohio Blewer, Glynn & Co., But¬ cher & Sherrerd, Bond Courts & Co., Sale The $1,150,000 building bonds offered March 21— DeHaven, Townsend, Crouter & Bodine, Hickey & Co., Inc., Jo¬ v. 185, d- 1330—were awarded to a "group composed of the First; seph, Mellen & Miller, Inc., Kormendi & Co., Inc., Mackall & Coe. Cleveland Corporation; Doll & . 3%s. as Agricul. and Mechanical College (P. O. Stillwater), Okla. (EST), on April 11 for the purchase of $275,000 building bonds;. Dated April 1, 1957. ► Due Co., Ladenburg, Thalmann & Co., Baxter & Co., the American Se¬ curities Corp., Hayden, Stone & Co., Shearson, Hammill & Co., Stroud & Co., F. W. Craigie & Co., Glickenhaus & Lembo, Spencer Trask & Co., Wallace, Geruldsen & Co., Field, Richards & Co., Free¬ man & Co., Hayden, Miller & Co., King, Quirk & Co., Inc. ; Hess, Vil¬ receive J. Co., ucation, will' receive until included the following C. T wp. Bond F. Rothschild & Co., Clark, Dodge & Co., Carl M. Loeb, Rhoades & Lindsey, Ohio bids ./ V, ■- . Co. & members: by of ; Bond Offerings—C. J. ; Honnold & Oklahoma Dennis, Clerk of the Board of Ed¬ The successful syndicate headed by Eastman Dillon, Union Securi¬ Cincinnati,;, in.Mt. Healthy.; Legality Peck, Shaffer & Warren Sch. Dist. (P. O. 2.992%, was made by a jointly by Halsey, Inc., and Lehman . interest (J-D) First National and, the . about $325,000 Braun, Boswbrth & Co,, Inc. Company," the terms group managed Stuart & Co., Dec. .15. from 1980 inclusive.; Bond Sale—An issue of Cushing, Clerk, will receive sealed (PST) on April 81 for the purchase of $53,500 build¬ ing bonds.- Dated Feb; 1, ■ 1957; bids until 8 p.m. „ school building bonds was sold to being based on a net interest cost of about 2.939%. The third ten¬ der, reflecting a net interest cost 15, from inclusive. on the sale, the second best being made on behalf of a Albany), Ore. Offering—Erma District Bond Sale—The $21,000 build¬ ing bonds offered March 20—v. 185, p. 1330 — were awarded to Sycamore Township School District (P. O. Montgomery), Ohio managed by Blyth & Co., Inc., B. J. Van Ingen & Co., 560,000 bonds... Dated March 15, 1957. other two syndicate (EST) on April 11 for the purchase of $844,000 scliool building bonds, as follows: .» received at offer noon $284,000 bonds. State County Sch. Dist. No.\,14 (P. O. Route 1, Box 455, Oklahoma . . ,• 32 Bond Sale—^The $246,000 build ¬ ing bonds offered March 20 were of¬ 185, p. 1439— Dependent Sch. (P. O. Castle), County District 1, 1957 County School District No. (P. O. Mapleton), Oregon the for rejected. were sold to Roose was ; ■' . March Okfuskee $254,000 Sold—Bids Not sanitary $85,000 fered Ohio Bond Sale—An issue of Lane Kingston, Okla. Bonds Swanion Local School District, inclusive. Williams, of Cincinnati. Legal¬ ity approved by Peck, Shaffer & Williams, of Cincinnati. inclusive. ceived until 16 National Bank of Ironton. 8,260,000 2V2s. Due on March 15 and Sept. 15 from 1961 to 1964 Ohio Bond Offering—Bids will be re¬ April Monday, *. . a group tional composed Bank of First Na¬ of Portland; Harris & Savings Bank,, Chicago, Foster & Marshall, Merrill Lynch, Pierce, Fenner & Beane, Pacific Trust Northwest Co., Dean ;Witter & Co,, June S, Jones & Co.,. Qhas,-Nt. Tfipp & Co:, Blankenship,-Gould & iBlakely, Inc., and .Hess & McFaul,. at;a price qf par,;a net .in- Number 5625 terest cost of ... about 3.33%, 185 Volume as The Commercial til 2 fol¬ purchase eral $253,000 6s. Due on April 1 from 1960 to 1963 inclusive. obligation bonds, $14,150,000 286,000 3s. Due on April 1 from 1964 to 1967 inclusive. Due 3y4s. 1.455,000 April on as various bonds. Due follows: July on from 1 15,350,000 various bonds. Due purposes July on on 1958 to 1982 inclusive. Dated S PENNSYLVANIA ; and .Beaver Falls, Pa. will Clerk, receive sealed Elliott Note MS York W. ; was of eral sealed tional Principal & Bank and the Mellon Na¬ Co., .Swiss- jointly, Bond Township W. Yohn, of Board Supervisors, will re¬ — of Secretary Township SI ceive S.ngj the pur¬ chase of $50,000 general obliga¬ tion improvement bonds. Dated May 1, 1957. Due on May 1 from sealed (EST) 1958 and on 1967 to bids April 9 until 8 p.m. for inclusive. Principal payable at the Ber¬ National Bank, in Berwyn. interest wyn Indiana Bond Offering—George E. Hig- gins, Township Secretary, will re¬ sealed bids until 7 pvm. (EST) on April 22 for the purpurchase of $134,000 improvement bonds. Dated April 1, 1957. Due on Oct. 1 from 1958 to 1966 inclu¬ sive. Legality 1962 inclusive. i'from 480,000 3.30s. Due on May 1,1985. bonds May dated are Principal 1957. & Simons, of Gibbs 1, interest and (M-N) payable at the Mellon Na¬ Bank & Trust Co., Pitts¬ Rollins, of Pittsburgh. Puerto York Tripp Indep. (P. O. County, until will receive sealed p.m. (CST) on 7:30 (P. O. Elk Point), 1964 inclusive. 1958 to 3V2s. Due from 1965 to 1972 3.70s. 3,750,000 Due from 1973 to 1977 on July inclusive. on 1 July 1 inclusive. Bank, Lehman Township School District C. J. Van Ingen & Ripley & Co., Inc., Smith, Barney & Co., Kuhn, Loeb, Bond Offering — John D. Be- & Co., Merrill Lynch, Pierce, Fenswarick, District Secretary, will ner & Beane, Banco Popular de receive sealed bids until 8 p.m. Puerto Rico, Lee Higginson Corp., (EST) on April 10 for the pur¬ A. C. Allyn & Co., Stone & Web¬ chase of $975,000 school building ster Securities Corp. revenue bonds, as $495,000 bonds. on on & Co., B. J. Mercantile April 1 from 1958 to 1977 inclusive. Due April 1, 1987. A-O. Philadelphia, Pa. Richard nounces that received at J. McConnell sealed the bids Office will be of Mayor, Room 202, City Hall, an¬ the un¬ Company, of Bosworth & Co., Wells, Inc., F. Brittain Kennedy & Co., Lyons Cleveland & Co., & Shziftc Nlcolaus & Co., First Corp., Field, Richards Seasongood & Lakeside Securities Corp., Dulles & Battles, Mayer, Janney, Inc., Indianapo¬ of 100.002, about $155,000 building bonds. of tion, of Houston, or at the Ameri¬ can National Bank & Trust Com¬ Hutchinson O. (P. County Stinnett), Texas Bond Sale—An issue of $85,000 library bonds was sold to the Co¬ lumbian Securities Corporation of Sale—The Bond 1959 J. B. Crabtree, Chairman of County sealed receive (EST) chase Dated from bids April 16 for the pur¬ of $375,000 school bonds. May 1, 1957. Due on May 1 1960 to 1962 inclusive. In¬ terest M-N. Certificate 1980 to 1986 inclusive. ness was Lillard will be (CST) 1957. terest proved by Vinson, Elkins, Weems Searls, of Austin. & Port time. Principal at the First of Corsicana. Le¬ any Park¬ Odessa, Texas bonds p. offered — Neches, Texas Sale—An issue of $54,000 Bond park refunding bonds was sold to Rauscher, Pierce & Co., Inc., of San Antonio, as follows;s;c v $16,000 3V2s. Due on July 15 from , 1958 to 1968 inclusive. 38,000 3%s. Due on July 15 from 1969 to Bonds 1979 inclusive. 1972 in due callable after are 1971. Dated Jan. * there¬ and of as announces Prin¬ Neches. County Consol. Sch. District Potter (P.O. Amarillo), Texas No. 4 $100,000 State Education, as follows: Board of $78,000 33/4s. Due on March 15 from 1958 to 1969 inclusive. 22,000 4s. Due on March 15 from 1970 to 1972 inclusive. ... 15, 1957. Int. M-S. Dated March Bond Sale—An issue March works, water of $148,500 im¬ system sewer provement and extension revenue bonds was sold as follows: 26—v. 185, follows: $1,750,000 water works and sew¬ er system revenue bonds to a Jan. 1 inclusive. west Company. Due on from 1970 to 1984 48,500 3V2s to M. A. Hagberg & Co. Due on Jan. 1 from 1958 to 1969 inclusive. , bonds The The $2,300,000 1440—were awarded as 1957. are at payable the Bank in Dallas. by dated until Pierce funding bonds. Due on March 1 1967 inclusive. of First Co., Rauscher, & Co., Inc., Dittmar & March 1, from 1958 Thomas & Co., Austin, & Parvin, Moreland, Brandenberger, Johnston & Currie, Moroney, Beissner & Co., R. J. Edwards, Inc., Rotan* Mosle & Co., and M. A. Hagberg & Co., at a price of 100.001, a net interest cost of Co., Hart April 12 for the pur¬ Dated composed '• ! 1, Jan. Principal and interest (J-J) First National Legality approved McCall, Parkhurst & Crowe, of Dallas. Schleicher County South west that bids 7:30 p.ml 15, July 1957. 15, cipal and interest (J-J) payable at the First National Bank, of Port interest payable Sale bank¬ a March 1, 1964. $100,000 4%s to the First South¬ gality approved by McCall, & Crowe, of Dallas. $100,000 funding and re¬ 1957. indebted¬ Due on March Bond payable at (A-O) ing institution designated by the successful bidder. Legality ap¬ An issue of of hurst Tenn. chase of to — sold to the First National at 1, on . received on Sale April dated are April 1 from 1959 to 1986 inclusive. Principal and in¬ Due 1957. Quitman, Texas Bank, of Corsicana. Dated Offering—Town Recorder Bond bonds The (P. O. Corsicana), certificates $30,000 group Newport, Bill 1973 inclusive. 1974 to 1979 inclusive. Texas 10 a.m. on gen¬ 185,. p. 25—v. Council, will until $300,000 awarded to Burt, National Bank, (P. O. Athens), — to school bonds was sold to the obligation March and Tennessee Bond Offering as Bond Sale—An issue of bonds offered 1332—were Hamilton & Co., and Rowles, Winston & Co., jointly. eral 1, TENNESSEE McMinn County net interest cost of follows: a 3.86%, $216,000 4s. Due on April 1 from Associa¬ National Southwest the Callable Inc., F. S. Smithers & Co., C. F. Childs & Co., Kean, Taylor & Co., Inc., Stifel, Bond Offering—Director of Fi¬ Trust St. Louis, Braun, Andrews & Dated April 1, 1957. Int. Clerk of the Board of • will receive sealed bids until April 16 for the pur¬ Education, chase 22 com¬ and Russ & Co., Texas inclusive Principal and interest (F-A) payable at the Bank of Williams, Co., Harriman follows: Due 480,000 bonds. Devine of First Co., Corporation, and J. Wylie Harris & Co., as 4V2S. Dated June 1, 1956. Due on Feb. 1 from 1960 to 1990 Navarro County members Brothers, & Winston Gladys J. Dated Dec. 1, 1957. dicate: Authority (P. O. 102 Duff Road, Pittsburgh), Pa. S. Dak. Offering—Mrs. Bond of the -syn¬ Chemical Corn Exchange Other & payable (A-O) interest about 3.728%, as follows: ' com¬ Nongard Co., LaMaster & Co., Rowles, $35,000 April Texas, San Antonio. 1957. Due on April 1 from 1960 1968 inclusive. Principal and Lamesa, Texas to 4,050,000 revenue group a Tripp), S. Dak. public improvement bonds offered March 26 — v. 185, cost of and tax sold, to was posed of Dittmar & Co., Offering—E. E. Heinrich, Bond April 1 for the purchase of $2,200,000 5s. Due on July 1 from bonds of Chicago. Legality ap¬ proved by Vinson, Elkins, Weems & Searls, of Houston. school building bonds. Dated A Series City. Sch. District No. 2 1, The —< Manhattan Bank, New Hutchinson group a Co., R. J. Edwards, Inc., jointly, at a price & mar pany, $10,000,000 Sale Bond Mitchell, or at Bank, Chase the bids (Commonwealth of) Rico the Commercial Trust payable & Savings District Clerk, RICO PUERTO on $250,000 burgh. Legality approved by Kirkpatrick, Pomeroy, Lockhart & Johnson, a.m. April 9 for the purchase non tax-exempt dor¬ mitory bonds. Dated April 1, 1956. Due on Oct. 1 from 1959 to 1996 inclusive. Principal - and interest (CST) of County Water Control and combination Gordon S. Manager, will 11 to 434,000 37/8s. Due on April 1 from 000 waterworks and sewer system — until March offered awarded posed of John Nuveen & Co., Ditt¬ in¬ and Improvement District No. 24 (P. O. Houston), Texas Bond Sale—An issue of $1,250,- DAKOTA bids sealed receive Sale—The $821,000 school bonds 171,000 3%s. Due on April 1 from Harris Offering Business Bond ; .. Legality approved by Gibson, Spence & Gibson, of Austin. University (P. O. Mitchell), S. Dak. tional & f Penn : . 1, (F-A) payable at the Jack¬ County State Bank, of Edna. son by SOUTH May 1 from Due on 5s. 590,000 3.20s. Due on May "1973 to 1984 inclusive! approved by Kirk- patrick, Pomeroy, Lockhart Johnson, of Pittsburgh. nance the at .any suitable bank designated by the p. 1331 — were awarded to a syn¬ Legality approved by dicate managed by the First Na¬ purchaser. Township (P. O. Box 42, tional City Bank of New York, at Faegre & Benson, of Minneapolis. Indianola), Pa. a price of 100.033, a net interest Union County School District No. 3 Legality approved by Townsend, Elliott & Munson, of Philadelphia. ceive at Principal inclusive. terest Dakota Wesleyan - The Howard Offering Jan. Dated a 1972 Bank, of approved system sewer Inc., of San Antonio, as 4s, price of par. Dated Feb. 1, 1957. Due on Feb. 1 from 1958 to at 1959 Legality and works pany, Charleston. 345,000 3.10s. Due on May 1 from 1963 to 1972 inclusive. ! ; (P. O. Box 269, Berwyn), Pa. Easttown 1972 to 1987 inclusive. , were Sale—An issue of $70,000 improvement revenue bonds was sold to Rauscher, Pierce & Com¬ and payable (M-S) Sinkler, net interest cost of about as follows: 1959 to & * :• . 1 from Principal inclusive. Columbia. ' ' ( 781,000 4 V\ s. Due on July 1 from Bond Edna, Texas water 1, Dated March March South Carolina National a $85,000 ap¬ on V Bond group 100.06, 3.24%, 1, Elliott Authority Joint 1 An issue of $85,- — 4y4s. as Due 1975 to Cunningham, Schmertz & Co., and A. E. Masten & Co., at a price of National Legality Townsend, by proved ■ a Principal and interest (M-N) Munson, of Philadelphia. 1957. composed of Halsey, Stuart & Co., Inc., Butcher & Sherrerd, Hornblower & Weeks, the First of Michigan Corporation, to Due on May 1, 1997. First" of Sale—An issue of $1,500,- Bond and 1986. the Pohl, & Perry 000 water revenue bonds was sold and 1984. Berwick. 4s. Due on July 1 from 1962 to 1971 inclusive. | VV 1973 to 1957 from ' to 1961 inclusive. 1958 167,000 ally offered on Nov. 8. CAROLINA building bonds was sold to Robinson-Humphrey Co., Inc., and G. H. Crawford Co., Inc., (P. O. Pittsburgh), Pa. 150,000 4.35s. Due on May 1, 1985 at $52,000 3V2s. Due on July 1 from on inclusive. Boiids due in 1968 and thereafter are callable as of Dec. 15, 1967. 15 000 Trust Wilkinsburg-Penn 1982. of Ruffin, Sale Bond interest 150,000 4.30s. Due on May 1, 1983 Bank Rauscher, Pierce & Company of San Antonio, as follows: April 3 for the purchase of $250,000 school house bonds. Dated April 15, 1957. Due 011 Dec. (CST) School District (P. O. Ruby), S. C. No. 6 Legality approved by Burg¬ win, 150,000 4y4s. Due on May 1, 1981 payable will Schools, receive sealed bids until 7:30 p.m. Chesterfield County Pittsburgh. May John Culwell, reve¬ sewer refunding bonds was sold to . house April 1 from 1959 inclusive. 1983 to on interest payable at 280,000 4.20s. Due on May 1 from 1977 to 1980 inclusive. dated — and waterworks 000 nue 4 . of Superintendent at 2.59% SOUTH obligation bonds. Dated April 1, 1957. Due 275,000 4.10s. Due on May 1 from 1973 to 1976 inclusive. *4*"! Directors, will receive from are Bond Offering loan notes was sold < bids until 7 p.m. (EST) on April 9 for the purchase of $250,000 gen¬ Inc., 440,000 4s. Due on May 1 1964 to 1972 inclusive. bonds a - from The to 1957.! Priifcipal Principal and interest (J-D) pay¬ and interest (J-J) payable at the able at the American National First National Bank, of Dallas. Bank, of Austin. Legality ap¬ Legality approved. by McCall, proved by McCall, Parkhurst & Parkhurst & Crowe, of Dallas. Swissvale School District, Pa. Legality - approved by ;-Storey, r' ■ ■ \ Crowe, of Dallas. " Bond Port Neches Indep. School District, Offering *4^ Dorothy G. Thorndike, Palmer & Dodge, of Note—The single bid deceived Boston. ;. '.iv, • Texas y Petrovsky, Secretary of the Board for the above bonds when origin¬ vale. 1957. Texas discount. 250,000 to the Industrial National Bank, of Providence, at school Sch. District, Breckenridge Indep. 2.70% discount., •. 185, p. 1439—were awarded The notes are dated March 25, Moore, Leonard & Lynch, as 1957. Due' on June 28, 1957. Prin¬ 37/ss, at a price of 100.37, a basis cipal and interest payable at the of about 3.84%. j ( First National Bank, of Boston. $2,420,- $165,000 3V2S. Due on Ma^1 1958 to 1963 inclusive. W. general obligation bonds group composed of Co¬ lumbian Securities Corp. of 350,000 to lows: 810,000 4y2s. > ' idence, building bonds offered March 27 & Co., and Joseph Lincoln and r t $250,000 to the Rhode Island Hos1 pital Trust Company, of Prov¬ (P. O. Gibsonia), Pa. ' ^ . Bond Sale—The $450,000 Ray, at a price of par," a net in¬ terest cost of about 4.46%, as fol¬ / due on May 1 from 1975 to 1977 inclusive. (M-S) of $500,- issue An follows: as our ' Schmidt, Poole, Roberts & Parke, Arthurs, Lestrange & Co., J. S. Hope — —v. Co., & published in Sale 000 temporary foregoing supple¬ Richland Township Sch. Dist. , purchased on March 20 by a group composed of Ira Haupt & Co., Halsey, Stuart & Co., Inc., Kidder, Peabody & Co., Butcher & Sher-i rerd, Stroud & Co., Bache & Co., Rambo, Close & Kerner, Inc., Warren May 1 from inclusive; and on 1974 to $655,000 3.90s, Texas, McClung & Knicker¬ Principal and bocker, and Rowles, Winston payable at the & CO. . . , Mercantile National Bank, of Dal¬ ;r' ' Paris, Texas las. Legality approved by Dumas, ' Bond Sale—An issue of $1,000,Huguenin & Boothman, of Dallas. r . bonds revenue The — Pawtucket, R. I.. - Note issue of March 25—v. 185, p. 1439. Berwick Area Joint Sch. Authority school & ments the report payable at the- Citizens National Bank, of Beaver Palls. Legality approved by ' Burgwin, Ruffin, Perry & Pohl, of Pittsburgh. \ Bond Sale—An issue of due 4s, 1966 p.m. interest ISLAND RHODE Munson, . and Dilworth, Paxson, Kalish & Green, both of Philadelphia. .: obligation street improve¬ ment bonds. Dated April 1, 1957. Due on April 1 from 1959 to 1978 inclusive. Principal and interest eral 000 000 un¬ of March 1, 1972. as 3.753%. terest cost of about 3.99%, as follows: $245,4V2s, due on May 1 from to 1965 inclusive; $850,- . 8 p.nC (EST) on April for the purchase of $300,000 gen¬ (P. O. Berwick), Pa York bidding of about cost J. Legality approved by Townsend, bids until 2 16, 1957. Principal (J-J) payable at the City's fiscal agent, the Philadel¬ phia National Bank, Philadelphia. Offering—Gene B.George, Bond City an 3.736%, while a group formed.by P. Morgan & Co., Inc., offered to finance the issue on a net in¬ May interest net Interest a 1958 (CST) on April 2 for the purchase of $169,000 park improvement bonds. Dated March 1, 1957. Due on March 1 from 1959 to 1980 inclusive. Bonds due in 1973 and thereafter are callable 3 til the Chase Na¬ tional Bank of New from 1 syndicates, other two account headed by bids Yows will receive sealed tenders attracted offering The from 1 000 Borger, Texas Bond Offering—Mayor John R. Other Bids Two purposes 61 about TEXAS Share Corp., Prescott & Co., and Park, Ryan, Inc. & 1958 to 1982 inclusive. 1968 to 1982 inclusive- from of Bond lis on April 17 for $29,500,000 gen¬ (EST) p.m. the lows: (1569) and Financial Chronicle t Rural High School District, Texas issue of $150,000 bonds was sfold to Bond Sale—An school building Dunbar & Company. School District, Tex. of $350,000 house bonds was sold to C. Tucker & Co., Inc., of Silsbee Indep. Bond school James Sale—An issue 62 The Commercial and (1570) as Due March 1 from 1972 to 1986 on inclusive. M-S. Interest Gibson, Gibson, of Austin. by approved Legality Sp^nce & . Grant Lynchburg, Va. 4s. Dated March 1, 1957. Austin, Offering—Owen L. Brad¬ Bond ford, Clerk of Council-Comptrol¬ No. gality approved by Preston, Thor- County, Quincy Sch. District (P. O. Ephrata), Wash. grimson & Horowitz, of Seattle.- 144 Sale—The Bond $45,000 build¬ ler, will receive sealed bids until 2 p.m. (EST) on April 8 for the purchase of $5,000,000 water and revenue bonds. Dated April Grays Harbor and Mason Counties, sewer • Bond Sale—The road 185, p. March offered bonds farm $145,000 26—v. awarded 1440—were to Dittmar & Co. Texas College (P. O, Worth), Texas Fort * Bond Offering—Sam M. Bras- Well, Business Manager, will re¬ ceive until bids sealed (CST) April 1 from 1958 due Bonds 9 a.m. of non-tax exempt cafeteria bonds. 1, 1956. Due on Oct. 1 from 1959 to 1996 inclusive. Prin¬ 79-137 April 1, 1968. Principal and in¬ of (A-O) payable at the Chase Manhattan Bank, of New York City, at the Peoples National and Trust Company, of or Bank Lynchburg. Legality approved by Wood, King ,& Dawson, York City. of New "Bond Nos. Smith, receive sealed bids until 11 ,a.m. (PST) on April 12 for the purchase of 1977 to five after from date of is¬ years Principal and interest (M-N) sue. WASHINGTON Chelan County, Sunnyslope School Dist. No. 102 (P. O. Wenatchee), Washington (A-O) payable Bond Sale —The $130,000 gen¬ Bank, in Fort Worth, or at the Bankers eral obligation bonds offered Trust Company, of New York March 22—v. 185, p. 1207—were City. Legality approved by Mc- sold to the State Finance Commit¬ Call, Parkhurst & Crowe, of tee, as 3.60s, at a price of par. payable at the County Treasurer's office. Legality approved by Weter, Roberts Shefelman, & Seattle. : cipal and interest considered of more or alternate the propositions: 1972 years years the in 1996. 1987 through ing 185, maturities (3) All No. 127 Sch. District (P. O. Wenatchee), Wash. Bond Sale—The $110,000 the maturities in the through 1986. (2) All Chelan County, Entiat r in 1959 through 1971. ? any following maturities (1) All on years bonds p. offered 1098 — March were build¬ 22—v. sold to the State Finance Committee, as at a price of par. 3%s, District Port Bond tion Due Offering sealed (PST) chase on and — bids April bonds. on (P. will until 100,000 re¬ a.m. the pur¬ May from 1, 1957. 1959 to 1967 on or 3%s... Due 1968 and from * 313,000 1970 to 3%s. from State Texas College (P. 1973 to Offering — Claude after 5 from date of issue. Principal (M-N) payable at interest the County Treasurer's office. Le¬ No. J09 1,300,000 Oct. 1959 to 2%% 1 .bonds. State, as 3%s, at Snohomish The bonds District No. 330 inclusive Oct. due | Bond Offering County sealed on interest any Bids will be 1, of as "M ■» * .. callable payment date. fof considered (2) Bonds Nos. 1 to 300 inclusive; Nos. 301 to 166, Interest by or for the entire issue. A-O. Legality approved Spence & Gibson, of Gibson, Austin. VIRGINIA Fairfa/ County (P. O. Fairfax), Virginia Bond Offering—Sealed bids will be received by the Clerk of the Board of County Supervisors until 2 p.m. (EST) on April 11 for the purchase of $2,900,000 sewer bonds, as follows: $1,511,000 Series C bonds. 1,389,000 Series D bonds. The 1957. 1991 bonds Due on are dated Jan. 1, July 1 from 1961 to inclusive. Interest J-J. Le¬ gality approved by Hawkins, Delafield & Wood, of New York City. Harrisonburg, Va. ' Bond Sale—The $550,000 elec¬ system bonds .offered March 26—v. 185, p. 1207—were awarded tric the to Wachovia Bank & Trust Co., Winston-Salem. Henrico County (P. O. Richmond), Virginia Bond School March Sale — construction 27—v. 185, The $2,800,000 bonds p. offered 1332—were awarded to a group composed of the Chase Manhattan Bank, Blyth & Co., Inc., Harris Trust & Sav¬ ings Bank, Harriman Ripley & Co., Inc., Estabrook & Co., Equit¬ able Securities Corp., R. S. Dick¬ son & Co., Trust Company of Georgia, of Atlanta, and F. W. Craigie & Co., at a price of 100.01, a net interest cost of about 2.93%, as follows: $1,400,000 2%s. Due from 1958 to 1967 1,400,000 3s. Due on March inclusive. on March from 1968 to 1977 inclusive. price of par. ; ] to 185, a 1332— p. group com¬ price of , 100.07, a "• : basis J " - of V V WISCONSIN k — Verne will h0v)R a tmtfta \ % Bond Sale—The $320,000 school bonds offered * March f 26 Avere awarded to a group composed of Channer Securities Co., Mullaney, Wells & Co., - and Allan Blair & Co., at a price of 100.08, terest cost of about in¬ a net 3.61%, as fol¬ '* lows: ' '' $225,000 3V2S. Due on March 1 from 1958 to 1972 inclusive. Sievers, receive (PST) on April 9 for the purchase of $150,000 general obligation bonds. Dated April 1, 1957. Due on April those due from are t (P. O. Everett), Treasurer, to callable are 1, 1966, and 1992 to 1996 inclusive a bids until 2 p.m. on 1967 from a 1 Washington in¬ Oct. dated are those and 1991 .awarded inclusive. Skagit Counties, Darrington Consolidated School clusive. 1956 April and O. Due fered March 26—v. about 3.39%: 1207—were awarded to the Oct. 1996 to $1,000,000 War Compensation * (1957 Cigarette Tax Revenue) bonds of¬ .1 p. 1969 inclusive. 1969 from Sale—The April (P. O. iShelton), Wash. Isbell, on Bond 1, < Sale—The $450,000 build* bonds offered March 15—v. receive sealed (CST) on April 12 for the purchase of $1,600,000 dormitory and cafeteria revenue bonds, as follows: 1 from - Veterans' inclusive. on 1977 % April Bond a.m. $300,000 2 7/s% bonds. Due Washington (State of) posed of Eastman Dillon,- Union Securities & Co.; White, Weld & Co., and Grande & Co., as 3.40s, County Consol. Sch. District will Regents, bids until 10 1972 • '' Beloit, Wis. Mason Executive Secretary of the Board of on Monday, April 1, 1957 Seattle. at Due Canyon), Texas Bond on Due The. entire issue. (4) West April 1 from 1969. 3V2S. -164,000 general obliga¬ Callable on ing 10:30 for 11 Due .,, 1 from 1959 to 1977 inclusive. Principal and interest (A-O) pay<able at the County Treasurer's of¬ fice. Legality approved by Pres¬ ton, Thorgrimson & Horowitz, of were 185, O. Maxine John¬ Dated May 1 .j .| Island Wash. Treasurer, of $190,000 inclusive. years No.-303 Orchard), County ceive Dallas. one School son, Bainbridge County, Kitsap of follows: as 1959 to 1967 inclusive. Callable inclusive. Co., $373,000 4s. , at the Fort Worth National Bids will be west $275,000 building bonds. Dated May 1, 1957. Due on May 1 from 1959 401- Seattle; Blyth & Co., Inc.; Foster & Marshall, .and Pacific North¬ will Treasurer, No. Chehalis), O. ing bonds offered March 25 were awarded to a group composed of the Seattle-^First National Bank of F. Offerings—Don Counties,- Cen- District Wash. Bond Sale—The $950,000 build¬ (P. Washington County Clark * tralia School Montesano), (P. O. 1969 and thereafter are callable as $1,250,000 dormitory and Oct. Elma Joint School Districts in April 9 for the purchase on Dated on inclusive. 1977 terest Wesleyan ' Due 1, 1957. to and Lewis ing bonds offered March 25 weresold to the State, as 3%s, at par-. ( Sterling County (P. O. Sterling City), Texas Financial Chronicle 95,000 3%s. Due 1973 The 1957. to on March 1 from 1977 inclusive. bonds Interest are dated March : i, M-S. Legality ap¬ by Chapman & Cutler, of Chicago. proved c ive. ay- | Bond R. -'4 HfijiLi T B of * ' : War 100.30, Clerk, will receive sealed bids until 11 a.m. (CST)on April 4 for the purchase* of,; $795,000 bonds, as follows: * -xf| WW I'M pi Fall bonds. 95,000 storm sewer May Dated . <\ New York City, or Chi¬ bank in ing City Treasurer's office, at the - ! W. - 2%s, at as $250,000 build¬ basis Y Company, and Robert .Bond Baird ford, La Prairie, Turtle and Sharon (Towns), Clinton Community Schs. Green ' Joint District No. v at Brad- Clinton, Clinton, (Village), , 10 (P. O, . I Kindred & Co., of Chicago, as 3s: > for ;; .the- foregoing bonds p. I v. 185, p. 1207. jl York Bond Sale—The -T | 185, a •- 4' . ' Clerk, auction and bonds & Dick¬ purchase of Due 1957. Co., 100.27, offered 2.90s, as NOVA 3V4S. 700,000 21—v. Due 1, April Scott School District No. 1, Bond Sale—The & System *Feb. Jan. Feb. 143 147 145 144 147 144 149 146 146 164 164 1^8 166 164 161 130 : . ■' • 130 130 131 128 131 132 130 129 131 130 127 137 138 137 143 133 143 $890,000 corpo¬ bonds offered March 19—v. 185, p. 1208—were awarded to a group composed of Eastman Dillon, Union Securities & Co.; Harriman, Ripley & Co., Inc.; McConnick & Co., and Allan Blair & Co., at a price of 100.03, a net interest cost of about 3.19%, as 1957 —r—Unadjusted- 1956 'Feb. Industrial Jan. 146 146 147 total.. production, Manufactures - Durable .. ... : Nondurable Minerals _■ Consumer durable Major goods, total 148 149 155 149 157 169 155 178 174 164 U3 111 115 111 +227 +227 213 +225 114 +225 214 l.t +232 t t 306 t total.— Gas + 318 ; - Construction value_i__ contracts, Residential « : 298 t : i 119.0 116.9, 106.2 106.8 107.2 ... 115.7 115.1 96.4 Nondurable Payrolls Freight carloadings — payrolls indexes 115.1 88 88 +96 *95 92 138 t *141 based • on Electrical ; •» , " 1956 •Feb. Jan. 148 247 152 168 183 136 177 175 147 "156 162 ' ' 228 • 172 •j xuiuiiure 128 ' 159 . " „ 152 200 135 - 135' Clerk 129 129 136. receive - - 118 122 119 118 123 140 143 136 136 145. \ J Nondurable Manufactures: Textile mill Apparel • ____ products __ "V allied leather ) . li Paper printing! and Printing allied and . — beverages Food (MST) on and beverage 141 X X 144 157 162 136 130 139 132 167 176 173 176 * t 183 144 147 143 103 102 103 .+ 102 102. t X 106 tobacco—1_ 112 . t 112 -112 112. ... ... 113 • X 107 133 131 J 129 135 134 80 88 86 84 88 155 154 148 158 158 151 130 129. 127 112 103 109 t. .. ■ , / 26 fuels „ Coal -_ 2_ ^rude oil Metal; • -- and natural gas__* stone and earth 1 _■ mfT-ils 'Preliminary,. }Not wailabie. J. Bishop, will T. until bids 8 p.m. April 9 for the pur¬ building bonds. on J. L. at a awarded Due a was $500,000 Memo¬ offered March to Boettcher & April 1 from 1958 to 1972 1968 and are sold Dated March to Ste. March 1 from on 1957. Int. M-S. 1, Quebec Rose, Bond Sale—An issue of $500,000 school building bonds was sold to Rene T. LeClerc, Inc., $264,500 5s. Due 235,500 5%s. Due from 1964 to Due on May 1 Dated March inclusive. follows: as March 1 from on 1963 inclusive. 1958 to bonds was sold to Graham & Co., Ltd., as 5%s, price of 98.30. 1974 inclusive. to 1977 inclusive. 1975 to Arthur, March on X 1977 inclusive. Int. M-S. 1, 1957. Ont. Sale—An issue of $1,290,- price of 94.51. Due on Dec. 31 1957 to 1976 inclusive. In¬ terest J-D. 1 QUEBEC Callaberry de Valley field, callable Que. $500,000 bonds 5% and 5%'% improvement was Gouinlock & Co., Thomson & Co., sold to Bell, Nesbitt, and Oilers investors and jointly, at a price of 93.93. Due on April 1 from 1958 to 1977 inclu¬ Great Profit-Making sive. Subscribe Chicoutimi Parish Sch. Commission, as of April One Sale—The $110,000 build¬ 97.46. of Dated a Feb. • • Fill in Coupon issue 10 price Introductory J Stock Market News & Comment Ltd. Due on Feb. In¬ | 80 Richmond St. W., Toronto, Canada ■ $360,000 sold to Banque Provinciale du Can¬ Anglo-Fraincais, Ltd., jointly, as 5V2S, at a price of 94.17, a basis of about 6.60%. Due Credit April 1, 1977. Interest A-O. I I Securities Advisor . II accept your Introductory 10 F-A. Bond Sale—An issue of on for Service—$5.04) about 6.20%. 1972 inclusive. Drummondbille, Que. and below Trial 1957. 1, I Offer or "Stock ment" and I Name herewith isStre Trial | j $5.1)0 in J \ — " (Please No. "E" I Market News and\Com- enclose | full payment of same. school building bonds was the 0/ Canada's leading Advisory Services (Established in 1936) basis of 1 from 1958 to terest to Stock Market ing bonds offered March 20 were awarded to Credit AngloFrancais, Ltd., as 5V2S. at a Speculators Opportunities! "Stock Market News and Comment" Quebec inclusive; Bonds due in ,1 thereafter sold improvement bonds was sold Gairdner & Co., Ltd., as 4%s, at ada, 011 $1,160,- from Davis, Co. - bonds from 1958 to 1977 Springs County (P. O. Thermopolis), Wyo. were 1 Commission, 000 school building bonds was improvement Bond M. Offering—Lee rial Hospital bonds Minerals: Mineral — Bond Sale—The 131 86 - . School Laurent St. $230,924 Walshingham, Ont. Bond Sale—An issue of $40,000 Clerk-Manager and Treas¬ Hot March on est M-S. from 1971 North will receive sealed bids un¬ til 8 p.m. (MST) on April 8 for the purchase of $78,000 sewage treatment plant bonds. 179 142 173 Due 163,000 5s. Due Ont. inclusive. Interest J-D. 170 182 146 • 1957. Bond Sale—An issue of Graham Robertson & Co., Ltd., as 5s, at a price of 94.22. Dec. 15 from 1957 to 1976 Izard, urer, 142 t " 157 . 120 t 171 mfrs.: Town 146 1, from 1958 to 1967 inclusive. Inter¬ the Midland Securities Corp., and Douglas, Wyo. 132 148 149 142 148 159 123 March Eramosa. Bond Sale—An issue of 124 t 111 t + - manufactures 113' interest cost of about 6.18%. Dated p.m. chase of $214,000 Bond L. Bond Sale—An issue of sealed 119 115 128 •' - and Tobacco ' 106 jlOl 143 Chemicals and allied productsPetroleum and coal products Food, t 143 141 .J .. " 126 147 t and petroleum product:s ou 114 148 products publishing— X 122 T", _ — 111 " 123 products , 109 - 4-. products Leather and products— Paper and 100 ' products—! Rubber 112 110 104 1 • and Rubber and tY 104 : 8 until Board of Trustees, of ' Textiles and apparel Sealed bids — 150 121 Nationale, and Credit-Quebec, Inc., jointly, as 5V2S, at a price of 95.31, a net Quebec Sale—J. London, April 2 for the pur¬ school improve¬ Offering Bond 150 404 118 * - 17 112 123 131 : 126 No. 161 $72,000 sold to the 608 County School District (P. O. Basin), Wyo. Big Horn 205 „ £51 - 114 224 " 172 131 138 155 . 178 . on was Canadienne Company and ment bonds. 135 fixtures—I— L and Miscellaneous manufactures 157 - • . 113 ? 227 1 .161, , 134 134 156 ' —' »■ 199 221 ' 176 Offering (MST) Que. to Durocher, Rodrigue & Com¬ Limited have just pany, at a price of 95.77, a net purchased an issue of $200,000 interest cost of about 5.85%, as 5%% debentures, due May 1, follows: 1958-1977, at a price of 99.80. The purpose of the borrowing is an $639,000 5s. Due on March 1 from i-1958~to 1965 inclusive. addition to the Fergus District High School, which serves, in 177,000 5JAs. Due on March X addition to the Town, the adja¬ from 1966 to 1970 inclusive. cent portions of the Townships of 181,000 5%s. Due on March X East and West Garafraxa, Nichol chase of $214,000 168 Due basis of about received be 172 207 207 194 207 • will 134 * 181 137 163 • " ; , $100,000 sold to waterworks bonds Fergus, Ontario Debenture Port Bond Feb. 146 / 134' equipment^|_^__ ;s>; • of 2.94%. was 1957. 1, Sale—An issue of sive. Interest M-N. to ' l . 1208—were awarded to composed of Northern Chicago, First Boston 100.59, a price bonds Bell, Gouinlock & Co., Ltd., as 51/2S, at a price of 95.05. Due on March 15 from 1958 to 1977 inclu¬ 20— Big Horn County School District No. 17 (P. O. Basin), Wyo. Feb. 173 201 1* +r' 1357 1956 180 157 March ' . 144 137, 'u. Z ' Jan. • 172 •; ' • -Unadjusted- 180 : Transportatio Instruments * Bond Sale—An issue of Bond YY." 137 _ *• averages, Employment and ■ Average~=100 143 • products^-!-. :■ '-1 Nonelectric?1 r moving p. Co., $1,200,000 The — offered WYOMING —1957 • ; Banque on Due Corp., Bacon, Whipple & Co., and William Blair & Co., as 3s, at a 131 '126 three-month Dailge data for 37 Eastern States. 'Feb. _. metal Trust 92 118 ' Y.—Y_ 2, j. group bonds X Not available. , , fabricating 185, a 96.9 Sale Bond 157.7 100 t Durable Manufactures: Machinery v. 95.0 164.8 98 indexes F. W. tEstimated. Fabricated 115.3 115.6 95.0 Seasonally Adjusted Metal school '125 1947-49 metals 106.8 164.8 — INDUSTRIAL PRODUCTION Primary 114.9 106.1 , compiled by the Bureau of Labor Statistics. are Preliminary. 105.8 1, basis of about a Feb. St. Jovite, Bell, Gouinlock & Co., Ltd. April 1 from 1958 to 1977 Due jointly, 255 96 contract centered at second month, of i 1 Wauwatosa, Wis. [ Feb. Interest F-A. sold to _ 117.2 , +124 — Department store sales, value____ Department store stocks, valueNOTE—Construction 285 t 117.2 98.0 J. 267 t ■ ■ April 011 1971 to 1977 inclusive. from 1 .t Due 314s. 530,000 dated are Dated Bond improvement 1970 inclusive. 1958 to ' 209 . 119.2 ; 110 _— Feb. 1 from on price of 94.94, $160,000 bonds was Due on April 1 from $860,000 3s. ■ 114.8 ! :_L. Durable * - 96.1 other Nonagricultural employees. totalManufacturing (prod, workers)— Employment, total - * 1956 147 durables,. consumer Utility output, Electricity All - 167 durables consumer Autos Other -—1957 Feb. Due Feb. 1 from 1958 to 1972 inclu* improvement follows: ' , Feb. 1 from on Agathe-des-Monts, Quebec 514% & rate purpose Seasonally Adjusted ■ a sive. Anida, Ont. and Company, South Milwaukee, Wis. 194*7-49 Average=100 Due bonds Bond Sale—An issue of improvement Bond Sale—The INDEXES follows: as school building on Charlottenburgh, Ont. jointly. ■ ONTARIO 1 Wis. Company, Baird W. net interest cost a Bond Sale—An issue of at 1 $195,000 school Milwaukee Robert St. $60,000 sold to 1099—were awarded 185, p. the to Board of Governors of the - was v 185, April on Co., at $160,000 bond! was sold to Macgillivray, Ltd., jointly, at a the Banque Canadienne Nationprice of 93.61. Due serially in 20 ale, and Credit-Quebec, Inc., as 5s, from 1963 to 1977 inclusive. —v. * bonds inclusive. Interest A-O. Principal and in- Federal Reserve The SCOTIA Stanbury & Co., Ltd., and Cornell at a building bends offered March 14 BUSINESS $104,500 5V2S. 25,500 414 s. Sale—An issue of Bond improvement from 1958 to 1962 inclusive. corporate price of 94.60, of about 6.23%, 5.97%. on ,were awarded to Oscar Dube & 1957. $875,000 school Due 1 school Colchester, N. S. basis of about a March 4%s. $175,000 May 1 from 1958 to on inclusive. National follows: as 2 May 1967 to Commission, Que. v Bond Sale—-The $130,000 bonds -offered March 18 a July 1 from on Notre Dame-des Laurentides Sch. - 1971 to 1977 inclusive. Co., jointly, at a price of 100.02, net interest cost of about 3.32%, the for Dated - inclusive/ 1967 15 $1,090,000 bonds. purpose until Due CANADA 1208—were awarded to Smith, p. receive bids April on & a 1958 to 1970 inclusive. cor¬ Barney & Co., and Julien Collins will July 1 from on 1958 to 1964 inclusive. 186,000 3V8S. Illinois Bond Sale—The ' ■ Due years. about of Offering-^-Alice A. (CST) p.m. Sim- Chicago, and Blunt Ellis & a? basis '/ City.. sealed 14—v. $439,000 3Y4S. Writer Y Plymouth, Wis. a & Savings Bank, of I Harris Trust ' Bond son, 1207—were awarded to the p. 100.18, (Towns) March price of 2.86%. 25—v. LaCrosser, Wis. $750,000 build¬ offered bonds ing March ''Y I.' Joint Sch. Dist. No. J (P.O. Columbus), Wis. I of 3.65%. 1 and Bristol offered 1332—were awarded to the price H Columbus (City) Columbus, Li ampJi\ den, Elba, Calamus, Portland, Kalman & Co., and Peters, & Christensen, as follows: purpose Milwaukee Company, as 3%s, at a originally offered on March 4— 100.11, Sale—The $1,400,000 Hutchinson Sale—The $350,000 build¬ 185, when bonds Bond ing bids were submitted | :r. Note—No of $350,000 sold to was groupcomposed of the Credit Anglo - Francais, Ltd., Florido Matteau, and the Banque Provin¬ Co.,. St. Louis; Boettcher & Bosworth, Sullivan & Co.; Co.; • Bank,, of Chicago, A. G. Becker & Co., Inc., Wm. Blair & Co., Bacon, Whipple & Co., and McMaster, Wisconsin ' Trust 2.73%. Continental the and / - ., Clinton), Wis. r. \ |.i" / Bond Sale—An issue of $450,000 I school bonds was sold to Barcus, ^ 185, bonds offered 18—v. 185, p. 1332—were awarded to a group composed of a : Lake (Village), • Princeton Brooklyn (Towns) Joint School District No. 1 (P. O. Green Lake), y price improvement bonds ciale du Canada, as 5V2S, at> a price of 90.55, a* basis of about $625,000 build¬ 6.72%. Dated April 1, 1957. Due ing bonds offered March 25—v. on April 1 from 1958 to 1977 in¬ 185, p. 1208—were awarded to a clusive. Interest A-O. group composed of Mercantile Oshkosh, Wis. f & Co., jointly, as 3%s, price of 100.28, a basis of porate March about 3.71%, .7, x.'-.-T" v - a of.about Greenfield Park, Que. Bond Sale—An issue of Bond Sale—The 1965 1207—were^awarded to the p. 19—v. Fenner & Beane; Hallgarten & Co.; Laidlaw & Co.; Stroud & Co., and City National Bank & Trust Co., of Kansas City, offete^ March 15—v. Milwaukee March Pierce, Milwaukee), Wis. bonds 185, Legality approved by Chapman & Cutler, of Chicago. y Bond Sale-^Thc designated by the purchaser, cago, or ■■■\ offered School District No. 6 63 (P. O. Cody), Wyo. Kuhn, Lpeb & Co.; Merrill Lynch, (City) River Hills (Village) and Granville (Town) Joint Sch. Dist. No. 1 (P. O. - (M-N) payable at a and interest Park County p. 1207—were awarded to a group composed of Chemical Corn Ex¬ change Bank, New York City; Company^jointly. Glendale Principal Wis. $2,020,000 mu¬ lot and school parking bonds - 1957. 1, $110,000 school March 13—v. 185, madge, of Denver. Sale—The nicipal 1099—were awarded to Harley, waukee inclusive. Madison, Bond office. by proved interest County Legality ap¬ Tallmadge & Tall- Treasurer's Chicago. Haydon & Company, and The Mil¬ 1958 t(j~1976 1 from May on River bonds .offered p. 1, 1967. Principal and (A-O) payable at the office. Legality ap¬ proved by Chapman & Cutler, of Bond Sale—The Due (M-N) payable at the City Treasurer's - Wisconsin on (1571) terest price of a (Village), Columbus, Fountain Prairie, Hampden and Otsego (Towns) Joint School Dist. No. 1 (P. O. Fall River), May 1 from 1958 to 1977 inclusive. V Due bonds. 3J4s, at as basis of about 3.34%.. a plant sewage, treatment $700,000 jointly, mons, City reg, The Commercial and Financial Chronicle . H. Calland, Off ering—R. - .. Wis. Beloit, » L'JJ ... of- Number 5625 185 Y Volume Print Plainly) Address- I ' Regular subscription | *15 <25 issues) 530 (50 rates— issues) | I i The Commercial 64 and Financial (1572) Chronicle... Monday, April 1, 195^ Si i.- ! , Only of U.S. dry can tears The + you the hunger Government has t given CARE precious r ■ .*• stocks of farm Every $1 >' V .1 to address tell i1 > i ' I,1 ' big Food Crusade a package to overseas. give enables CARE you deliver needy family a r:-j go abundance . And your name X and with each package, to sends hungry children fvand their of parents that you, and our country are their friends 22 food world's ... lbs, to the v hungry V J j | ' Food 1 .< 1 Enclosed find $ J —i,—...— to .be delivered in -V -'■ n .*'■ I j '1 660 First Ave., New York 16, N. Y, YOUR .my name, ■' ' for Food Crusade - packages. J wherever most needed. : " : ' . . NAME I j ADDRESS I I Crusade CITY ZONE STATE I I Note: Contributions are Income-Tax Deductible 426 r #