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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

.

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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

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Corp

Munslngwear Inc
;i_
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Inc

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7,200

88

•

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24%

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Products Corp

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t

i

2,100

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7

21%

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30

10

25

>

26% Mar 129

es

3,900

32%

44

133

33%

I

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17%

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86

42 %

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21%

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27
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.

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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

•

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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

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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%

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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

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148

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Jan
Feb

17

11
1

34% Oct

150
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•

Nov

-

34% Feb

•'

8

Apr

10

23

17

18% Jun

28

Dec

Dec

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20

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i

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26

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75

Dec

16 % Apr

13

79

96

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29

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Jan

16

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10

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16

991/4 Feb

13

81
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30

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3

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27% Feb

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26

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91..

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102

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1

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103

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351

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3

19

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58

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30

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12

33

Nov 26

•

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23

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5

84

Dec

18

85% Dec

27% Mar 18

20% Feb
76

Apr

12

18% Aug

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105

21

39 V. Feb

Northeast
Northern

1

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91

-

Feb

103

4

Jan

3

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86

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Mar

44«A Feb
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Jan

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29 V. Jan

13

see




page

Jan

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Feb

12

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1

18

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15

50—;.Feb

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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%

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V...

80%

4.800

■

.

82%

'..271/4

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.

4

'

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2.300

A

.14 Hi

.A..

-■

1,000

32 Hi

,

29%.

9%

:

.

14%

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:

•

•/*' V;

-

2,800
8.960

<

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■■■

V

-

.11,300

.

8%

.,*32 %

;.

24%.

,

37Vi.

7%

..

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29%i

14-

5,800

;;//•,>2,100

/

;

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;
■

,700

46.'

;

* 13 Va;

V

103%

27

:c

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,

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31 Va

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,

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,

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,

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80%

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^

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27

t .1

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167'a

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409

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72

:

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67 Vi.

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m ;•',

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35 Hi
36 i 1

..."

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102%

15V4

35Hi
_37.%,

_

37 Vi

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":; 118% fp 13,100 -•.-'

12%

40»%.

18'

;.

66 %

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%

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14%

•

•

95

-a

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32%

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37%

951

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13

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9,600 ••;•';

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135

•

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—

-

160% ;

135

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45%

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102%

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..26% ; 26%
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/

-

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

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"*

•

■

50

*10

«a

48
-

80 s

...»

i

'

'•

so¬

...

80

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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%

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2001
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1961

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%

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s

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41

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1977——222—---2-Feb-Aug

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21

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%

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3s

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--

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1970..—May-Nov

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1966—...June-Dec

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s

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1959—Mar-Sept

1957

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—

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f

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1972——Jan-July
——Mar-Sept
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—_

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t
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;

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16

—

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98

98
94

—

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Mexican Irrigation—

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A Warsaw

193

2

_

96%
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98

1984———Jan-July

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175 Vi

15

94%

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——.

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120

100%

1

Vi

92

1964——May-Nov

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95'

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117

24

20%

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22

98

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1979——-—May-Nov

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29

sinking fund

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;

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-

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56%

23

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1954

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100

99

58%

1952

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15

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—

f.,

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18

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32

16 Vi

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1946

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Jan-July
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27

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14

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—

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loan)—

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88

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V

V

1958—
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Africa

South

73

70

9

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due

1930

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73

.........June-Dec

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1949—,.c.—............ April-Oct

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72

assented

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1980-3

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loan

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87

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bonds

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.

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1952——June-Dec

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&

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1962—-May-tfov
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99%

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& fund issue

conv

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—

98%

.

1956..

.

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3s

loan

water

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or

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continued—

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—

—

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bonds

dollar

3s

:
.

4%s

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—_„Mar-SepZ
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Jan-July
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external

7s

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82

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Sao

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v~~

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A Estonia

ENDED MARCH

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Sold

High

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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

'

"

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1995-

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91

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91

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99%

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*

91V*

96%

*

mortgage and coll trust 3%s 1977-June-Dec
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—May-Nov

•

12

lOO'/a 100%

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A2nd

91
90

is

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98

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and refund

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91%

91

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139

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106

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1977

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%

95

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&

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.

97%
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1990

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91

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109

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57

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30

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m

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%

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89

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1

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82

108

120

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n
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0

1976—Mar-Sept
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3%s debentures 1958
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Mar-Sept
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June-Dec
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—Jan-July
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10

92

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54

98

45

55

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25

66

20

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series A 1981—Jan-July
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%

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refunding 3s series S 1983
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1976

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—

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Jan-July
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1967—April-Oct
Missouri Pacific RR Co
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102'% 102%

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,

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1962—

series

83

Jan-July

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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

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gold

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1st

mortgage

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lst
5s

mtge

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U

B

ser

debs

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03

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88

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.

V

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certificates

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&

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82

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66 A

66 A

68

104

64 »/2

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-

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1968 .June-Dec

-

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Air

Line

1st mtge 3s

;

3%s

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Sinclair Oil

June-Dec

1982

1971

3.20s

Halske

a

Corp 4%s conv

debs

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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
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—Jaw-July
1st mtge 5 As series H 1983—
—Apr-Oct
Ry first

3 'is
A

Tel

Bell

72%

Coil

■

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Products

(Indiana)

Standard

iN

1985

5s

4 As

conv

;

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—

66 V#

-

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•

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109

106

85

-

conv

:

162

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85%

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;

first

4s

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Power

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V

Hi

•

46

66 V*

82%

120 A

100

87

8738

13

91

91V#

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84

i._"

year's rapge.

in

the

year;s

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91A

■<

A Bonds

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90"2

90

'

102
99'A 101'/a
82
5 85
93% ''93%

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.

impaired by maturity.

bid

and

selling

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84

,

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; -

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

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,

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11

92

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30

_

26

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7

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; Jan
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,

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277

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35*% Feb

52

Feb

76

15

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1159

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34

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____/__19.30
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60
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f

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.

53

:_____

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46%

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2634 Mar

s

214

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11

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•
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50
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,

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Lehigh Coal

30% Mar

22%

___

.

18

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.

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Feb

54% Feb

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-

47%

—

General Motors Corp
Gimbel Brothers :

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45

100

i

—

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Jan

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602

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88%

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235

pfd
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174

■

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r

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42%

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si
1——10
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282

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4%

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.

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41

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.

29

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/

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Tel___

&

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Budd Company
—
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—i
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Chrysler Corp
ul,—_;
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1
Delaware Power <ft Light common__13*/a

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r

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Banker

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21

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pfd______
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.' Sterling Drug Ine common (Un)_^_
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&

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.

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.

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-

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18

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Feb

11

;'-61% Feb

498

28

1

1

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7.598

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4834

Sperry-Rand Corp

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18

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59%

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common-

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:

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STOCKS

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26..

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a

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Friday
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Southern

%

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48%

34

.

Jan

5934

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5%

v

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665

16c

43%

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Sinclair Oil
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1

27%

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Jan

Jan

16%

17%

34%

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Co___i.l_!__________Ll3
Seryel Inc (Un)__—%_
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Shasta Water Co (Un)__TL_
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Seaboard Finance Co com____________l

Sears Roebuck

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31%

.

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60

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Jan

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Jan-

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66

28

.

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93a

17%

54%

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9%

38% Mar

350

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L
15% v16!e
Safeway Stores Inc_______-»-_
>
11- *65% ; 05%
Lou(s-9an Francisco Ry (Un)'
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St Regis Paper Co
(Urt)
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:
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San Diego Gas & Elec com—.
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21%
21% 22%
San Ma uricio Mining
p 10
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2c
2c
3c
1
Sapphire Petroleums Ltd
1
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Schenley Industries (Un)__
____1.40
21 %
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Schering Corp (Un;
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15c
80 ;■ 82:;ef

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Co (Un)_,__5

Low

85c

Dept Stores—,—1
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Western

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77c

53

1,507

66

Roos -Bros 1 _l:—,L——
__—_—__ 1
Royal Dutch Petroleum .Co (Un)__20g
Ryan Aeronautical .Co«—,
1
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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

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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

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YOUR

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wherever most needed.
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