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NP&*
MONDAY
ISSUE
U. 8. Pat. Office
Volume
181
Number 5417
New York 7, N.
Y.,
General
RAILROAD
Adams Express Co.—To Add to
This
Monday, April 4, 1955
Price $1.15
Corporation and
PUBLIC UTILITY
-
Holdings—
INDUSTRIAL
-
INSURANCE
-
Adams
and
(4.6%)
which
shares
by
American Airlines, Inc.—Orders New Planes—
and
rights
of
National
Stock and Bond Quotations
propose to exercise their
National Aviation
common,
of
under
additional
any
181, p.
New
subscription
privileges
31—
1954
-
—.
taxes—
$4,225,144
645,674
before income taxesProv. for Fed. & State income
*3,996
338,000
____
*$3,270
outstanding
Earnings per common
180, p.
'
.
Toronto
Aeroquip Corp.—Acquires Marman Products—
This corporation
March 30
on
announced
the
acquisition
the
as
for
aircraft
Marman
as
the
accessory parts to
has also been active
flex-joints,
valves
and
be
inserted
in
pipe
lines,
Marman clamp.—V.
181, p. 1073.
and
jet
other
and
in
and
well'
as
airplane
developing related products,
strainers—essential
can
conduits,
conventional
efficiently
using
Year
Net
Ended
Prov.
for
Net
at
ing
—V.
Canadian
1,520,120
income
at
41
common
44
2073.
p.
Reduction
Sales
wore
the
annual
report
Earnings
of
in
the
as
dividends,
in
1954,
1953
sales
representing
of
compared
earnings
with
in
$6,766,356 in
1954
amounted
commoiygtock as compared with $2.06 per
to
stockholders, John A. Hill, President,
sales
and
business
earnings
and
equipment
Also
by
primarily
Cash
the
in
excess
After
the
share
In
his
the
generally
the
Brook,
lower
of
purchases
of
Allied
capital expenditures
1953.—V.
1954
for
expansion
and
aggregated $11,500,000
1.
181, p.
as
The
stockholders
on
common
shares; to
$50); and
March
stock
authorize
an
23
(par
improvement of plants
issue of
from
100,000
proposals
400,000
shares
of
to
to
increase
shares
to
the
1,200,000
preferred stock
change the name of the
company to Air-Way
preferred stock is to carry a dividend
rate of not
V. ISO, p. 997.
Inc.
25,
(par
Industries,
The
over
5%.—
sales
a
registration
of
share
has
one
100,000
commission
granted
warrant
warrants,
of
stock
the
statement
each
at
$1
'Allied
purpose
of
was
for
Net
shares of
the
the
the
right
shares sold)
Delaware
and
vanadium
at
the
laws
common
It
stock, 575,000 of which
and
company
properties.
See
share,
in
Akron, Canton
&
to
lc
SEC
per
per
.
to
February—
Gross
purchase
from
Net
ry.
*
-
oper.
1954
1953
1952
$403,477
$509,206
$471,509
126,961
81,862
186,830
51,822
138,714
34,149
83,442
62,660
income—
From Jan. 1—
Gross
Net
Net
from
from
ry.
—V.
I
railway
railway
806,419
1,016,114
242,144
144,688
368,642
93,230
54,408
155,544
income
oper.
181,
900,056
—
1193.
p.
Alabama Great Southern
-
February—
Gross
from
Net
from
Net
ry.
*■
from
Net
from
Net
ry.
1952
$1,499,253
$1,555,694
372,7§7
481,064
230,013
$1,547,821
372,563
220,360
income—
214,542
its
ment,
2,701,031
railway.
Income—
500,113
at
tion
date,
New
York,
2,931,344
634,009
*
were
issued
99,815
,
has
called
mortgage
the
3V* %
principal
will
be
181,
1,012,406
633,213
409,640
to
to
one
to
R.
and
reduction
a
Mahoney,
Apache
the
holds
issued
are
of
a
the
investing
public
will
sold
were
have
of
royalty
Assuming
sold,
officer
transferred to
the
company's
President
Apache,
on
to
all
a
the
one
subject
are
aggregate
value
The
after
gross
registration
Apache
shares
or
from
and
125,000
They
and
in
have
no
to
8%
royalties
to
limited-
amount
shares
no
event
also
held
will
do
so
for
the
includes
by
present plan
the
shares
plus
received
statement
Selig
or
until
completion or termination of
by the company.—V. 181, p. 957.
ore
mined
175,000
Ginsburg,
are
for
the
expiration
offering
held
the
offering
of
of
than
more
20
de¬
chemical
OF
EARNINGS
1953
$
397,591,904 380,393,340
51,050,370
52,472,697
^
incpnie taxes—_
—24,000,000
25,000,000
27,050,370
27,472,697
-
-
1,310,397
238,447
—
17,400,773
17,232,955
—-———
8,722,921
8,646,261
$2.95
$3.15
paid—*
—_
share-—
has
Co. of
called
for
will
C.
due
be
Georgia—Partial Redempt.
redemption
due
May
made
1,
May
on
1,
1973, at
American
the
at
next,
$8,000
100%
of
Trust
Co.,
of
principal
trustee,
.
May
manner.—V.
1,
181,
1955
should
be
detached
and
collected
in
the
1.
p.
letter
be
p.
of
notification
shares
of
was
filed
with
stock
common
the
SEC
(par $5)
to
on
be
March
offered
17
at
cover¬
$15
per
through
for
used
101.
Goodbody & Co., Miami, Fla. The net proceeds are to
working capital and general corporate purposes.—V.
179,
/
'
American Hair & Felt Co.
Year Ended Dec. 31—
Net
'
sales
Profit
Prov.
before
for
income
Fed.
and
(&
Subs.)—Earnings—
1954
■
—
taxes—
State
Net prolit
Preferred dividends
dividends
Common
capital
income
960,951
327,2„6
491,194
$309,845
$469,757
taxes
Earnings
per
—V.
p.
1£0,
—
paid-————
84,122
160,054
share——*
common
——
200,067
160,054
$1.85
outstanding..-—-——
87,969
160,054
———.
paid
shares
$9,904,916
637,101
.
Common
1953
$7,965,783
————-
$2.39
529.
American
Laundry
Machinery
Co.—Earnings—
Year Ended Dec. 31—
Profit
before
Prov.
for
Net
income
1954
taxes—,
income
$2,270,813
710,000
1,090,000
$1,180,813
543,122
543,122
$1.67
taxes
$2.17
—
profit
Common
shares
Earnings
p.
outstanding
share
per
—V.
173,
1953
$1,614,438
$904,438
Federal
197.
!
.
.
.
in
on
sold.
of
one
arrangement
the
and
shares
has
Bound
reactions.
pre., sure
1'acilitie.i
—-—
debentures
shares
overriding royalties ranging
to be paid to various third
parties
22%
at
of
contributed
Aluminum Co of Canada, Ltd.—Partial
redemption
bonds,
p.
177,390
Stanford
company
for
plants
•
promoters
an
range
by
pro¬
said
American Locomotive
This
Carter
announced
company
Craft
tube
fin
welding'longitudinal
has
also
six
months
company
the
600,000
heat exchangers for
industries,
Co.—Acquires Welding Process
fins
March
on
piocess,
to
a
announced
that
25
revolutionary
tubes
for
use
production
in
of
a
it
new
heat
new
had
acquired'the
method
of
heliarc
exchanges.
line
of
the
petroleum, chemical, petrochemical and
employ
the
advance-design
tubes
in
their
which
The
fin
tube
power
con¬
struction.
for
at
411,594
the
return
mining interests. 367,000 shares
original subscribers for $80,270.
of
offered
gross
be
American Fire & Casualty Co., Inc.—Files
With SEC—
A
the
1,132,000
the
N.
Coupons
ing 20,000
$600,000
for approximately 35% of
the total stock
outstanding; the small group
of initial
subscribers 21%
for $80,270;
and the promoters and their
associates 34%
in consideration of the transfer of
mining leases and
other interests for which
they expended $22,000. All of the proceeds of
the offering will be used for
exploration of the mining claims to deter¬
mine whether such claims are of a
nature from an
ore-bearing stand¬
point to
warrant
further
and
more
extensive
work
thereon.
Such
\
amount
made
trustee.—V.
3,113,968
of
in
company's
group
the
3,233,804
847,428
230,013
Redemption—
company
first
director
a
moters.
railway
oper.
Partial
The
of
1953
$1,383,084
rfilway
commitments.
is
the
interests
1954
railway
oper.
275,122
111,353
RR.—Earnings—
1955
■
946,726
From Jan. 1—
Gross
~
drilling
1955
railway
railway—___
Corp.
high
versatile
paid
Payment
share
in
outstanding,
wide
a
processes,
1954
Discount
capital
the
up
were
$458,194
from
Net
the
to
641
company
the
(at
$12,000
pay
for geological and
engineering services to two directors and
the company; and an
additional 175,000 shares were
Uranium
different
company's
STATEMENT
taxes
common
181, p.
Charlotte,
20c
a
warrant,
their
Apache
the
new
outstanding
on
addition,
purchase
holder
has
dividends
American
associates in exchange for
mining claims
options to acquire working interests in
mining claims in the acquisi¬
of
which the promoters and their
associates
expended approxi¬
mately $22,000 prior to incorporation.
Also, 15,000 shares
Youngstown RR.- -Earnings-
the
the
—
dividends
usual
with
of
i
with
cents)
produce
can
——
foreign
shares
—V.
tion
Air-Way Electric Appliance Corp. above.
other
and
or
Air-Way Industries, Inc.—New Name—
which
numerous
between
-
__
Earnings
50
the
r
&
Common
3
In
share, and has agreed to
under
series
plus
the
accrued
office
1193.
on
A,
of
May
due
1,
Nov.
interest
Guaranty
1955,
1,
to
the
Trust
This
$132,000
1967.
Pay¬
of
redemp¬
Co.
of
its
company
3%%
payment,
to
the
New
has called
sinking
at
101.31%
redemption
York.—V.
fund
of
for redemption on
May
debentures due 1970.
the
date,"will
181, p. 201.
.
Redemption—
1,
1955, $2,500,000
In¬
principal amount plus accrued interest
made at The National
City BanJt of
be
.
New
Towe, President.
3i—
income
Fed.
profit
49
with
underwriter.
entitling
Dec.
Common
August, 1954, for the
of engaging in the
exploration, acquisition, drilling and
mining
uranium
of
six
warrant
per
organized
to
underwriter
for each
underwriter for expenses.
.
25
Co.,
this
——-
amount.
per
selling
divided
are
acrylonitrile,
before
Prov.
Mines, Inc., Salt Lake
filed
embpdy
Kenneth C.
production
Ended
Prolit
50
Clearings
1955,
share
per
notification
(par
&
$
Net
15
be
company
approved
$3)
Payable.,.
covering 600,000 shares of its" lc par
pommon stock,
offered for public sale "as a
speculation" by H. 3.
Cooney & Co.,
of New
York, on a "best efforts" basis and at $1
compared to $17,000,000
Air-Way Electric Appliance Corp.—Name
Changed, etc.
The
authorized
corporation
March
rate
r
Uranium
by
facilities
and
CONSOLIDATED
City, UtahRegisters With Securities and
Exchange Commission—
medical
of
stock
Fuller
which
Cyanamid
country, which is being manufactured in Cyanamid's
plant at Fortier, La., as well as a number of other new
products.»-
The
to
and facilities in
in
5.90%
$2,350,940 of accelerated amor¬
regular depreciation as compared with
$2,051,023
D.
Co.—Increases Facilities—
special
hydrogenation
of
Year
in
was
letter
a
common
59
Capital Flotations for the Month of
Nov
of
filed
of
through S.
J., and Warners, N. J.
The Warners installation includes
manufacturing facilities and at Bound Brock is located
equip¬
for
of
level
When
N.
for
Preferred
The Course of Bank
of
compounds
facilities
general
ment
letter
decline
15
shares
Cyanamid
announced
'The
new
Reserve Banks
preferred
per
1953.
that
to
1957.
York.
The
to be used to pay for
expansion and to increase work176, p. 2529.
'
installation
pioneered
Condition Statement of Member
Banks of
Federal Reserve System
6.2%
and
.
per
chemical
been
.
Exchange Rates
,__4J>0
Redemption Calls and Sinking Fund
Notices_50
Combined Condition Statement
of Federal
amortization
$1.86
in
stated
to
reduction
to
share
of
according
1953.
the government.
1953.
in
due
was
substantial
affecting earnings in 1954
tization in
in
the
decline
a
$131,412,104,
company released on March 29.
after taxes and after
accelerated
1954,
$6,337,725
stock
high
1956
•
American
Foreign
Co., Inc.—Sales and Earnings Off—
$123,315,272
record
Dividends Declared and
$1.54
in
The
The
of
__37
Offerings
$1,074,581
$1.23
share
delivered
share, a total of 66,622 shares were subscribed
183,378 unsubscribed shares were publicly offered by Kidder, Peabody & Co. and
associates at the
same price.
See also V. 181, p. 1193.
43
Exchange...'.
$30
for.
..42
General Corporation &
Investment News.Cover
State and City Bond
1,111,242
be
American Automobile Insurance Co.—Stock
Subscrip¬
the 250,000 shares of common stock
which
were offered to common
stockholders of record March 8
.....41
SEC Index of Stock Prices
2,185,823
659,292
taxes
March
on
share
per
capital.—V.
1953
$860,828
per
180,
below
.
&
profit
Air
were
1954
industry.
to
are
,
the'
$23,016,539 $27,064,813
taxes—
'-
tions—Of
Miscellaneous Features
31—
;|
transport
149,500
$2
Ready
revenues
income
Fed.
Earnings
.
Dec.
before
four
received, American will have a fleet of 39
DC-7s,
Convairs anu 9 DC-4 Airfreighters.—V.
181, p. 1073.
net proceeds are
48
Qorp. (& Subs.)—Earnings—
sales—Total
Profit
air
aircraft
corporation
rivatives
Aerovox
and
announced
47
which
components
fastened
was
are
75
covering
offered
Exchange
37
Transactions American Stock Exchange
37
Dow Jones Stock and Bond
Averages
...37
National Quotation Industrial Stock
Averages_37
widely used
the
DC-6 type,
SEC
41
Over-the-Counter Markets
Transactions New York Stock
clamps,
planes
passenger
.38
Toronto Stock Exchange—Curb Section
of Marman
pipe
well-known Marman
clamp,
industry for joining pipes
connecting
engines.
such
Products makes
of
Stock
in
DC-7
14
airplanes
The
___38
San
.
DC-7
American Alloys Corp., Kansas
City, Mo.—Files—
33
Stock Exchange..
Stock Exchange.^..
14
.
..
'
29
___
Francisco Stock Exchange
Montreal Stock Exchange
Canadian Stock Exchange..
Nil
Products, Inc., of Los Angeles,
Calif., manufacturer
flex Joints and
valves, for an undisclosed price.
(Bonds)
Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange..,
424,670
$0.12
1649.
Exchange
Exchange
Stock Exchange
....
424,670
share
Stock
82
.17
Stock
Midwest
,
84,934
Shares
(Stocks)
Los Angeles
Cr726
$307,674
,
Net
profit
Dividends paid
Exchange
ordered
DC-6A
lift
The
these
Page
Cincinnati Stock
Exchange..38
Detroit Stock Exchange....
38
1953
$6,934,464
Profit
in
York
>,"*
Stock
American
541.
Manufacturing Co., Inc.—Earnings—
Year Ended Dec.
Net sales
Marman
York
New
rights
together
,
4
cargo
"
J
has
30.
Airfreighters will be delivered in the first quarter of
1956, and will increase the company's fleet of
Airfreighters to IS
four-engine all-cargo aircraft, giving American Airlines
the
largest
22,700
Aviation,
American
corporation
Airfreighters from the Douglas Aircraft Co., it
March
on
The
Boston
Aero Supply
*Loss.—V.
of
its
shares
be available.—V.
may
stock
common
aggregate
In This Issue
subscribe
one
additional
an
This
DC-6A
stockholders transferable
rights, rep¬
for
111,618 additional common
additional share for each four
shares held
to
of
Adams
subscription
which
to
together
own
outstanding
issued
basis
date.
purchase
with
10
presently
warrants,
the
on
that
to
of the
March
on
resented
on
American
MISCELLANEOUS
-
•
and its majority-owned
subsidiary. American Inter¬
Corp., have applied to the SEC for an
exemption order with
respect to their proposed acquisition of
additional common stock of
National Aviation Corp.;
and
the Commission
has
given interested
persons until April 8, 1955, to
request a hearing thereon.
company
national
shares
Copy
a
The
Dallas,
good
has
purchased
firm,
including
company
Texas,
will
menced
and
fin
tube
the
entire
Carter
fabricating
fin
Craft's
equipment,
tube
business
from
inventions, know
and has already
the
how,
com¬
moving the apparatus to its Beaumont, Texas, plant. Here the
is establishing a complete manufacturing center for fin tube
Present plans are to expand the former
Cartel; Craft equip¬
company
products
ment
to
produce
tubes large enough to meet foreseeable market needs,
-
BUS. ADM.
LIBRARY
f/G.
/
new
tiri
,
_
President, pointed out that „nis latest acquisition
company's plans to sUy m the forefront of all heat
transfer equipment developments*^ ■"•f*
With the completion
the new production facilities, ALCO expects
in
Egbert,
T.
Perry
Is
line with the
Co.
1,000.000
250,000
J.
^Prior*to^ALCO
Dick
Inc.
181,
—V.
impressive," he could hot predict that this would
entire year.
William F. Brannan, President, told stockholders the reception ac¬
corded the new-air-conditioning unit, called Fiuidaire "has oeen must
ratifying/'
■ •
'■
..
■
i**.•r> y
■?..'-i1 * v~.~
C. John Gross, Treasurer, lias been elected Secretary and Treasurer,
The position of Secretary of the company has been vacant since tne
rscent death of Gilbert B. Ferris.—V. 181, p. 858.
Corp., Westbury, L.
Anchor Precision
250,000
300,000
1,000.000
Co.—— 1,900,000
Co
debt
the
Macon
The
expansion
300,000
Is expected to
mid-1956.
will be enlarged and
buildings
present
The
1948.
in
212,009 square feet to the
present plant, which started
will add approximately
feet of floor space In the
square
operating
a
alongside the existing mill; addi¬
tional
grinding, pulping, screening, forming, drying, fabricating and
painting equipment will be installed; the wood yard will be rear¬
ranged;
and
warehousing and shipping facilities will be approxi¬
mately doubled, involving the re-laying of almost a half-mile of rail¬
expansion
program,
water
a
recovery
company
undertake a substantial develop¬
ment program on this property and will probably employ several rigs
on a full-time basis, H. J. Mosser, President, said.
Mr, Mosser also indi¬
cated that plans are in the making to acquire additional proauctive
acreage in the area.—V. 179, p. 2590.
The
etc.
taxes and renegotiation
profit
paid
Net
—-
-
.
Dividends
—*■——**_*—..
—
shares outstanding,--—„—„
Earnings per share
——
—
—V. 180, p. 621.
railway
from
Let
Ket
116,589
1,323,296
1,276,481
1,429,394
1,514,309
187,752
724,719
375.240
372,773
income
52,226
38,833
172,618
167,559
railway——
oper.
ry.
—V.
53,618
purchased from certain selling stockholders.
The underwriter has
acquired 26,250 additional shares for the sum of $2,625; and Adolphe
Juviler, who "was instrumental in interesting the underwriter in this
financing," has acquired 3,750 shares for $375.
railway—
from
from
Pet
251,325
33,089
With SEC
corporation filed a registration statement with the SEC on
March 25, 1955 covering 250,000 shares of 10c par common stock, to
be offered for public sale by Van Alstyne, Noel & Co. at $4 per share,
with a 60c per share underwriting commission.
The commitment of
the underwriter is to purchase all of the shares offered if any is pur¬
chased.
Of the 250,000 shares, 200,000 are being purchased as a new
issue from the company, and 50,000 represent outstanding shares being
$813,086
118,469
East Newark, N. J.—Registers
Astron Corp.,
1952
$644,062
38,517
1954
Organized In September, 1949,
noise suppression filters.
EARNINGS
Wis.—Files With SEC—
March 17 filed a letter of notification with the SEC
covering 11,500 shares of common stock
(par $3) to be offered at
(25.75 per share through Paine, Webber, Jackson & Cfurtis, Milwaukee,
Wis.
The net proceeds are to be used to pay for construction and
The
50,000 outstanding shares
the company, including
tors
Bonds Offered
—
A
of
Otto
Paschkes,
expenses
Net
headed jointly by Lehman Brothers and Webster
Securities Corp. on March 31 offered $18,000,000 of first
mortgage bonds, 3%% series, due April 1, 1985, at
331.421% and accrued interest, to yield 3.30%. The group
won award of the issue at competitive sale on March 30
ry.
—V.
oper.
oper.
expenses
_____
£; Co.
from: Halsey, Stuart
3%s were received
—V.
100.42; The First Boston Corp., 100.389; Blyth & Co., Inc.,
Republic Co. (jointly), 100 229; Merrill Lynch, Pierce,
100.209; White, Weld & Co., 100.209; and Equitable
Inc.,
&
Fenner
Beane,
Securities
The
bonds
from
receding
amount
general
at
.
100.189.
181, p.
opers.
Net
Net
with
from the sale of the bonds together
its
Net
Net
Brothers,
man
for
the
64
preferred
compensation
a
Smith,
and
Inc.,
Co.,
Co.,
Barney
cents.
&
of
Co.
stock
46.9
cents
(jointly),
underwiting
per
58.9
share;
cents;
ry.
is
Company
Into
61
of
and
the
provided
at
communities.
of
150
Mississippi
public
a
utility engaged
electricity.
counties
retail
The
approximately
the
sale
75
in
in
the
735
also
customers
River
has
who
a
and
on
islands
part
»a
52,207
46,211
73,638
service
date,
15,
656,667
632,087
367,558
341,941
income—
136,232
111,433
105,112
107,144
669,260
1306.
Ry.—Bonds Called—
May 1, 1955, $149,000 of
1963. Payment, at 1003i%'
Interest to the redemption
made at The Hanover Bank, 70 Broadway, New York
been'called
have
will
N.
be
179,
Y.—V.
which
in
of
serves
channel
the
the
State
redemption on
for
1477.
p.
1955
1954
$13,502,635 $13,849,133
2,634,676
3,766,779
oper/income—
766,422
954,194
February—
from
Gross
Net
Net
ry.
From
Jan.y
from
Gross
Net
from
Net
ry.
—V.
railway
railway-;
from
$47,489,000 and
net
THE COMMERCIAL AND
*Jana
(Telephone
post
office
Seibert,
STate
at
New
On
account
of
$7,751,000/
FINANCIAL CHRONICLE
President.
2-0613);
Canada, $58.00 per
NOTE'
Income
1
Published
Drapers'
twice
Gardens,
of
N. Y., under the Act of
Other Countries, $62.00 per
the
fluctuations
in
the
rate
495,708
Net
E.
March
C.,
3,
ye\r.
of
exchange,
1954
1953
$825,090
$978,778
354,430
*45,957
$780,727
256,305
81,606
142,567
500,432
175,183
1,170,981
1,663,275
1,783,131
1,923,915
287,504
620,363
825,814
978,707
*5,465
275,420
338,794
234,814
1—
railway-
from
railway
from
Net
Net
income—
oper.
ry.
97,445
income—
oper.
ry.
From Jan.
Gross
181,
♦Delicit.—V.
1307.
p.
Co.—Profits Up 49%—
Bell & Gossett
'
record
sales
profit after taxes increased 49% to
$21,049,458, an increase of 37.6%, for
net
company's
The
on
of
1954, according to Earl J. Gossett,
ended Nov. 30,
year
President.
pp.
586,451
$15,341,918
4,374,739
612,098
3,035,775
-
27,502,112
30,147,357
4.866,983
6,765,951
64 cents
to
compared
1954,
Income—
and
1194
•
2,285,861
Railway
oper.
revenue.
expenses
_
share in 1953 computed on tho
per
past
of Canada—Stock Offered—
Bell Telephone
revenue
from
2,221,288
Net
—V.
ry.
oper.
181, p.
181, p. 1438.
phone Co. of Canada. See also V.
1955—2 Mos.—1954
1955—Month—1954
$134,574
$148,249
93,374
106,741
$272,552
$41,508
$85,401
$68,780
7,477
18,542
3,577
$276,543
187,151
$41,200
Beneficial Loan Corp.—Proposes
stockholders
The
change
on
April
29
Change in Name—
ratify a proposal to
will be asked to
corporate name to Beneficial Finance Co.
the corporation's loan office subsidiaries have
several names,
the most widely used being Personal
the
under
income
7,877
■
Canada,
office.
22
in the United States and/'one in
Hawaii, the first overseas
f
t
.
Beneficial Loan Corporation in 1929, loans
totaling $5 billion have been made, two-thirds of which were in the
past 10 years. Loans, for the most part, are made for family pur*
poses,
and they
are
"family size," averaging $324 during 1954.—
V. 181, p. 2.
organization
Since
Beneficial
of
Standard Life Insurance
March
were
23
offered
publicly
(par $1)
at $25
same
going to
a
of
181,
net
the
group
p.
480*,000 shares of common
These shares, which
share.
State, were quickly sold,
proceeds
will accrue to the
incorporated in California in March, 1940,
n
207,762
and
Hawaii.
Its
in a variety of forms—straight
and annuity. The largest branch of the busi¬
time has been, that represented by its disability
life insurance is written
endowments
life,
term,
ness
is, and
for some
providing
hospitalization
assumed
in
Division-
and
surgical
and
benefits.
A
wholly*
engaged primarily in writing fire insurance.
Incorporated as Beneficial
Casualty Insurance Co., present name was
1944.
of the company consists of
value $1 per share, authorized
capitalization
of common stock,
outstanding.—V. 181, p. 1074.
shares
par
(Continued on page 8)
642.
Seibert, Editor and Publisher:
Street, Chicago 3. Ulinoli
matter February'25. 1942, at the
year; in Dominion of
William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570. Herbert D.
(general news and advertis ing issue) with a statistical Issue on Monday], Other offices: 135 S. La Salle
England,, c/o Edwards & Smith. Copyright 1955 by William B. Dana Company. Reentered as second class
1879. Subscriptions in United States,
U. S. Possessions, Territories and Members of Pan-American Union. $55.00 per
,
remittance lor foreign
company,
of ,12 selling stockholders.
engaged in the life and disability insurance business and is currently
to do business in 30 states, the District of Columbia, Alaska
CAPITALIZATION—The
below.—V.
per
not offered in New York
PROCEEDS—None
the
Co., Los Angeles,
Sold—Lehman Brothers and associates on
Calif.—Stock
1.000,000
Co.
operated
Finance
The adoption of one uniform name by the corporation and
its operating subsidiaries is now considered desirable.
During the year 1954 Beneficial continued its expansion program,
with
the opening of 54 new offices, bringing the total at Dec. 31»
1954
to 863 offices in
operation. Of the 54 new offices, 31 are in
Company.
policies,
1306.
Glidden
Name—
Loan Corp. below.
BUSINESS—The company,
of
See
rights to purchase new shares.
licensed
ry.
operations
Invest*
Ltd., Montreal, Is heading a group of 50
price was $1.35 a right, on the basis of one new share for
each seven ,held of record March 24,
A. E. Ames & Co., Ltd., acting for the Canadian syndicate, bought
the block of rights for purchase of Bell Telephone Co. of Canada
stock at a bid of a share over $1.26
(Canadian) per right, for the
account of American Telephone & Telegraph Co. parent of Bell Tele*
ow-:ied subsidiary is
Net
I * >4|
per
Nov.
basis.
the
A. E. Ames & Co.,
Is
period End. Feb. 28—
>
fiscal year, three quarterly dividends of 30 cents per
share were paid before the company split
its stock 3-for-l, and one
dividend of 12 % cents after the stock split, an effective dividend rate
for the year of 42% cents per share on the basis of the number ol
shares outstanding after the stock split.
Mr.
Gossett estimated a sales volume in excess of $25,000,000 for
the current fiscal
year.—V. 180, p. 2694.
In
9.214,063
1,678,290
1306.
6,128,091
1,733,081
Atlantic & Danville Ry.—Earnings-
oper.
/
for the fiscal year were equivalent to 87 cents
number of shares of common stock outstanding at
the
on
stock
27,110,672
railway
railway
oper.
181,
$1,086,655
the fiscal
Chairman-and
earnings
Net
same
1952
1955
$520,556
railway—
from
(Reg. U. S. Patent Office)
week [every Thursday
a
London,
York,
year.
$948,594
328,943
railway****
from
Gross
1952
1953
$14,757,053
31.038.349
Atlas Powder Co.—Sells Zapon
of
$398,349
214,538
Coast Line RR.—Earnings—
Atlantic
five
—p°r the Fear 1954, company had total operating reve¬
nues
51,244
were:
to
$413,901
137,220
Heretofore
Tennessee.
.'
.
mortgage 3%% bonds due Nov. 1,
the
principal
amount
plus accrued
of
generation,
extend
wholesale
$164,295
ry.
1952
602,675
332,418
oper.
There
Blyth &
and Leh¬
Electric
extension
rural
reside
whichrf constitute
at
the
p.
Beaumont, Sour Lake & Western Ry ,<—Earnings—
162,751
operations
Arkansas.
of
communities,
company
in
company's
The
State
181,
February-
$308,432
164,947
359,358
181, p.
Railway
distribution
1953
$308,779
income—
first
privilege of exchanging these classes of stock for shares
of a new series of 93,500 shares of $4.72 cumulative
preferred stock (par value $100) on a share for share
basis plus a small cash adjustment.
The old preferred
which is not exchanged will be called for redemption.
A group headed jointly by Equitable Securities Corp,
and Union Securities Corp. will purchase any unex¬
changed shares upon termination of the exchange period
on April 19,
1955. The group was awarded the under¬
writing of the exchange offer on March 30 on a bid
naming a compensation of 39 cents a share.
proposals
1954
163,944
Atlanta & Charlotte Air Lines
$7 cumulative preferred stock
(no par value) and holders of 45,891 shares of outstand¬
ing $6 cumulative preferred stock (no par value) the
Weld &
oper.
ry.
—V.
See Beneficial
Ry.—Earnings—
railway—**
from
—V.
Exchange Offer to Holders of Preferred Shares Un¬
derwritten—The company is offering its holders of 47,-
Runner-up
7,455,130
$296,091
railway
from
Gross
Net
aggregate redemption price of $18,932,400.
White,
$18,070,021
From Jan. 1—
by the company for the retirement of a
first mortgage bonds, 4%% series due 1983, at an
609 shares of outstanding
J.
_____
1955
oper.
ry.
will be used
of
op.
income—
1074.
expenses
from
rev.
1955—2 Mos.—1954
$2,396,140 $2,961,495
1,997,791
2,012,901
$1,458,127
1,044,226
operating
Net
V
RR.—Earnings—
1955—Month—1954
Offering
$331,228
191,117
.
railway-
from
.
$60,861,583
49,782,585
$1,199,604
1,035,309
Beneficial Finance Co.—Proposed New
railway
from
Gross
Ry.—Earnings—
$11,342,514 $10,225,670 $21,400,997
4,843,836
4,500,073
9,348,504
Atlanta & St. Andrews Bay
*
February—
prices
redemption
to par, and at special redemption prices
to par, plus accrued interest in each case.
PROCEEDS—Net proceeds
treasury funds,
like
(jointly),
Corp.
redeemable
be
will
104.421%
101.421%
from
Securities
and Union
Corp.
new
ranging
of
ry.
inc.
1306.
oper.
Central
fjid
Is
fr.
rev.
ry.
MONTHS
1955—2 Mos.—1954
$5,358,738 $11,580,046 $11,078,998
2,o0o,717
5,586,239
5,080,020
$5,723,160
2,782,o32
revenue:
oper.
Ry.
shares held by
1955—Month—1954
1955—2 Mos.—1954
$40,638,207 $41,081,609 $81,613,018 $82,406,104
29,295,693 30,855,939 60,212,021 64,336,083
revenue
Ry,
Net
es
p.
TWO
fund,
out¬
and
ry.
income—*
1438.
Period End. Feb. 28—
;..N
Period End. Feb. 28—
Ry.
Net
Other bids for the bonds
oper.
181,
Ry.
direc¬
being sold by officers and
are
26,396 of the 194,000
President.
Atchison, Topeka & Santa Fe
bid of 100.837%.
a
from
revenue
operations
Net
FIRST
AND
ment dealers offering a block of 749,992
Croup
cn
these two items, the
stock, can be
capital
and
$29,194,680 $29,142,405 $59,420,209
28,471,520 23,783,667
47,840,163
revenue.
oper.
30,
working capital.
equipment and for improvement of present
—
of
sale
bonds
1955—Month—1954
oper.
proceeds from its sale of the 200,000 shares are initially to
part of the general funds of the company and as such may
be applied to
any corporate purpose.
The company anticipates that
approximately $300,000 to $100,000 will be ]*>ed for its expansion
program, and $150,000 for expanding and ca^ying the inventory of
the company's products.
The remainder, together with the proceeds
of the 4Vi%
note of the company in the amount Of $150,000 to be
issued to Bank of The Manhattan Company, will be used for general
The company on
& Light Co.
the
of
mortgage
FEBRUARY
FOR
Railway
share
Net
Arkansas Power
proceeds
fir^t
Railway
capacitors
Astron manufactures fixed
become
Turchase of new plant and
I lant.—V. 181, p. 1074.
to^he Commission for per¬
secured
in
treasury
Period End. Feb. 28—
and
181, p. 1194.
Ansul Chemical Co., Marinett,
company's
plans to Immediately
company
This
1—
Jan.
From
Gross
income
oper
ry.
1953
$664,875
1955
$650,112
103,160
32,222
February—
Cros3 from railway—
let
$1,495,451 $1,429,079
735,000
560,000
350,OjO
350,000
$4.27
$4.08
Arbor RR.—Earnings-
Ann
with
the
mortgage,
ierminal
Net
Capital
applied
railroad
the
$35,000,000
together
deposited at the request of the railroad in the general sinking
solely to retire the refunding and general mortgage bonds now
standing which are callable for sinking fund purposes at 100%
accrued interest on any interest date at three months' notice
The property was
$2,000,000.
1954
1953
Li $24,615,272 $32,148,682
3,616,751
5.486,079
2,121,300
4.057,000
I
and excess profits taxes,
March,
sell
to
sale,
together witn all of the Terminal's capital stock/ are at present
pledged with the Hanover Bank, trustee of the Baltimore and Ohio
RR.'s refunding and general mortgage bonds.
Under the terms of the indenture of the B & O's refunding and
Houston, Texas—Expansion
has purchased a 2,200-acre lease with 12 producing
Fuller-Coke, Strawn Area in Coke and Sterling Counties,
acquired from T. W. Murray and a number of
West Texas operators.
Consideration was in the neighborhood of
This
The refinancing is being
Halsey, Stuart & Co., Inc. and
rates.
Co.,
&
oil wells in the
Tex.
Year Ended Dec. 31—
interest
Forgan
and Sons.
Bangor & Aroostook
Associated Oil & Gas Co.,
Inc.—Earnings-
& Metals,
lower
at
Glore,
more
or
Installed.—V. 181, p, 1194,
will be
system
up
the
of
part
As
track.
road
set
be
will
mill
board
second
other
Fed. income
on
the company's other fiberboard fac¬
tory at Pensacola, Fla., produces a line of building products serving
primarily structural, insulating, acoustical, and decorative functions.
i
245.
before inc.
its
of
with
along
plant,
The
in
sales
and flooring prod¬
have been let, construction
and completion is scheduled for
summer,
,J
by the B & O toward eventual
of currently outstanding funded
taken
step
$345,000,000
by
in
Earlier
general
this
begin
proceeds are to be available for general corporate purposes,
$125,000
to
fabricate
additional zipper manuiacturing
equipment, $50,000 to set up an assembling and distributing plant
the
Mid-west,
and $278,261 to augment working
capital—V. 180,
American Machine
Expand Georgia Plant—
contracts
Architectural
I., N. Y.—Regis¬
the
seriaP notes, the proceeds of
funds, are to be used to retire
the company's collateral trust 4% bonds, series A^ due Jan. 1, 1965,
presently outstanding in the amount of $40,000,000.
The new notes
are
expected to carry an interest rate substantially lower than 4%.
These Chicago Terminal bonds which the company proposes to sell,
31.
March
par.
of
•
second
of
Brown
mission
^
materials
at
extension
obligation
which
building
of
1,
investors
the
negotiated
Alex.
1960,
due April
the
$2,500,000.
is
refinancing
and zipper fasteners.
other manufacturers;
for
&
bonds,
for
This
Inc..
Macon,
Net
Prov.
stock
.
company—producer
Including
Profit
;
&
Co.,
Witter
Dean
1437.
p.
&
industrial specialities, and packaging products—will expand
Ga., plant to double its present capacity, making it one
largest fiberboard
mills in the world, it was announced
ucts,
Securities and Exchange Commission—
This corporation
filed a registration statement with the aSEC on
jeirch 28, 1955, covering
118,000 shares of 5%%\ cumulative con¬
vertible
preferred stock, $5 par, to oe offered for public;, sale at
f C* per share with a 75c per share selling commission to the under¬
writer,
D. Gleicli Co.,
wnich will make the o.fering on a "best
C'*orts" basis.
The underwriter also will 'receive $15,000 for ex¬
panses;
and, as additional compensation, the company has also
fepreed to sell to the underwriter at lc per warrant, warrants to
purchase at $1 per share 75,000 shares of common stock.
The coiporation
was organized under Delaware
law on Oct. 21,
1052.
It manufactures precision instruments under prime and sub¬
contracts for various agencies of the government; zipper machines
f Id
replacement parts (a) for its own use and (b) lor sale and
JT»t
400,000
1,000,000
200,000
—
Armstrong Cork Co.—To
This
ters With
L>.
$500,000
"most
was
lease to
—
Stroud
Ohio
&
which it proposes to sell privately
The proposed contract for
sale
maturity of the issue to 1974 or
1985 under various
circumstances.
Sale has also been arranged for
80,000 shares (the total outstanding) of the Terminal company's capital
Gardner—
Sfr'Auss
S.
J.
200,000
300,000
400,000
.*—
—
its
of
Baltimore
institutional
contemplates
250,000
Corp.
Reinholdt &
Co.,
—
Marshall-*——
Granbery, Marache & Co.
Hallowell, Sulzberger &
Foster &
Co.
York
New
approval
applied to the Interstate Commerce
guarantee of $32,000,000 principal
Chicago Terminal RR. 4%
first
30
March
on
for
Th£
of
mortgage
to
&
company
amount
&
Meeds
Hanseatic
Bissell
Refinancing Plan—To Sell Bonds Privately—
The
Commission
—
Clement A. Evans &
perecentage for the
the
&
Bond
Share Corp.—*—.—_
Laird,
250,000
Merle-Smith™ 1,900,000
Co
&
Cohu
Products, Inc.—Orders Up 20%—
Tncoming business of this corporation in the first quarter of this
r^ar
with March estimated, is running about 20%
ahead ol the like
carter last year, Joseph F. Igoe, Chairman, announced on March 29.
Mr. Igoe stated that while the trend of new business in the first
carter
Baltimore & Ohio RR.—Files With ICC for Second Step
in
600,000
Co.-
Kaiser & Co
250,000
——
&
Indianapolis
&
Sullivan
Co., Inc.—*
Anchor Post
to
Barth & Co
Bosworth,
Craft
acquisition of all rights to the process, Carter
marketed the tubes under its own name; principally for equipment
In tailed in the Atomic Energy Commission prouucing plant at Hanford, Wash.—V. 181, P- 1305.
Hentz
H.
200,000
Ball, Burge & Kraus
Allison-Williams
effort in
and manuiacturing
marketing
tube
fin
concentrate
to
■
named below have severally agreed
purchasers
to purchase from the company the respective principal amounts of the
bonds as set forth below.
Ira Haupt & Co.—
$600,000
Lehman
Brothers*
$2,025,000
Hayden, Miller & Co
400,000
Stone & Webster Securi¬
Hayden, Stone & Co.— 1,800,000
ties Corp—*———2,025,000
PURCHASERS—The
equipment and
of ALCQV mW
automatic tube cleaning and handling
to purchase additional machinery for the production
line of standardized fin tube heat exchanger sections.
install
to
*>
i
——
-
—
—
Chronicle... Monday, April 4, 1955
The Commercial and Financial
C
(1550)
2
subscriptions an d advertisements must
be made in New York funds
-
Volume 181
Number 5417
The Commercial and Financial Chronicle
...
(1551)
\
•
,
'
.
■
3
•
;
•
.
...
Capital Flotations in the United States in November
And for the Eleven Months of Calendar Year 19S4
Aggregate corporate financing during November, 1954
a
sharp contraction below that of October,
Mining Co. The two latter issues
capital purposes.
;
registered
last. Standing at
$502,608,722 against $982,161,883 in the
prior month, in terms of dollar volume, the decline
amounted to $479,553,161.
It is also worthy of note that for the month of Novem¬
ber
the
greater portion
of the
dollar volume
was
totaled
and
$401,954,240.
26.14%
represented
51.72%
raised
was
Of
this
new
for
placements
Stock
$141,999,240
while $259,955,000
money,
refunding
that
or
Short-term
purposes.
of
the month's
aggregate dollar
Corporate issues placed privately in the first eleven
volume.
favorably with that for October last, when financing
total.
stock issues
Turning
was
$60,657,442
in
November numbered
12.07%
or
61
and
of the month's grand
in number and
$39,747,040
the
to
or
7.91%.
*
various
This figure represented 41.93% of November's
gross dol¬
lar volume, while public utility
financing amounted to
•only $111,866,095 or 22.26% of the aggregate dollar vol¬
ume.
This was followed by the railroads which totaled
:$55,010,000
or
10.94%;
miscellaneous, $45,915,987 or
:9.14%; iron, steel, etc., $34,556,360 or 6.83%; oil, $21,404,.'360
or
4.26%; investment trusts, etc., $13,854,301 or
2.76%; land, buildings, etc., $8,049,280 or 1.60%, and
rubber $300,000 and shipping
$900,000, both together
•comprising only $1,200,000
size
of
in
or
0.24%.
November
were
January
February
in
Machines Corp. $35,000,000 3%%
promissory notes,
2052, and the $27,000,000 414% first mort¬
bonds, series "A," due July 1, 1983 of the Erie
Jan.
gage
1,
SUMMARY
OF
CORPORATE
Capital
$
January
$
New
183.020,000
222,675,000
First quartern
April
____J
July
127,706,892
385.175,500
39.01
32
June
52
July
43
382,383,750
33.91
30
122,775,000
30.57
226,205,500
361,928,242
25.24
27
October
45
November
30
July 29
Aug
Second quarter
Six months__
July
November totaled $449 ,908,804,
balance, $6,112,300, refunding operations. The total for
October last stood at
$604,312,215. A comparison of the
current month's total with that for the
month
reveals
sharp decline of $154,403,411. jFor November
1953, the total amounted to $406,083,430 and for the
of
Some
1952
smaller
a
at
sum
sion
large
bonds
and
the
$20,000,000 offering of New Jersey
Highway Authority, bonds.
Total
municipal financing for the first
March
11
months
Refunding
Total
$4,139,700
$397,556,630
397,942,807
1,893,703
399,836,510
,_
556,980,762
iya
2 %»
6'/4 years
2,07.9,976,000
9% 12 yrs.
546,415,753
546,415,753
a
a
Aug 1-31 August
12 years
4,407,000
4,407,000
100
2
100
C
Aug 1-31 Aug 1
Total
2 years
for
August
Aug 26
Sept
Sept
Sept
Sept 16
9
2
91-days
Sl-days
91-days
9
Sept 1-30 Sept 1
for
Oct
17,470,290
6.849,280
443,796,504
6,112,300
604,312,215
449,908,804
$5,894,365,474
$124,136,291
$6,018,501,765
_:
There
were
no
offerings on the part of Canada, its
municipalities placed in the domestic mar¬
ket during November.
provinces
or
Financing
on
in
November
of
the
1954,
1953 AND
1952
Oct 28
91-days
3 mos. 11 days
8,189,576,000
Oct 1-31 Oct 1
Total
Oct 28
Total
New Capital
$
Refunding
*0.96G
99.745
*1.00t>
99.746
1,500,637,000
4,155,032,000
*1.007
100
l5/a
456,139,422
456,139,422
a
a
3,920,500
3.920,500
100
2
100
c
1
2 years
for
Nov
-
.___
October
4
10,616,663,922
91-days
99.741+ *1.023
90-days
2,184,616,000
2,215,088,000
1,500.836,000
Nov 12
1,500,452,000
99.765 + *0.940
Nov 18
91-days
2,116,803,000
1,500,394,000
99.765
*0.931-
Nov 18
Nov 26
90-dtty3
9%-12 yrs.
2,126,520,000
1,500,115,000
99.776
*0.89**
465,710,345
4,282,500
465,710,345
Nov 1-30 Nov 1
Nov 1-30
Nov
12 years
Nov 1-30 Nov
Total
1
a
a
4,282,500 100
2
2 years
100
November...
for
Total
for
♦Average
eleven
rate
separate series,
SERIES
C
6,471,789,845
$
$
$
9,548.200
553,273,152
75,851,400
441,575,776
70,653,000
591,678,292
521,319,354
5,999,485
527,318,839
825,109,085
13,357,925
838,467,010
>
■
98,757,525
of six
months instead of
when
and
held
8
1,833,315,938
1952.
...614,765,864
10,540,950
625,306,814
748,507,085
39,854,250
788,361,335
held
624,958,430
15,677,234
640,635,664
776,722,925
150,613,000
927,335,925
and
987,358,500
1,077,189,330
37,112,169
1,114,301,499
717,255,364
6,727,000
723,982,364
be
63,330,353 2,380,243,977
2,242,485,374
to
one
4,040,313,652
110,631,135 4,150,944,787
3,977,043,787
295,951,775 4,272,995,562
current
2,773,203
241,941,230
203,265,164
153,190,133
356,455,297
1,865,000
734,272,786
418,435,408
71,897,483
490,332,891
15,362,643
1,595,515,411
1,774,942,775
49,789,700 1,203,031,903
570,829,091 6,322,815,653
179,006,275
982,161,883
424,210,596
6,664,020
430,874,616
857,475,665
82,957,165
K
For
502,608,722
437,537,199
28,773,944
466,311,143
474,482,187
89,650,200
1,424,178,944
786,271,197
44,200,333
830,471,530
limit
income bond, Series H,
available
interest, compounded semi-annually,
Series H will mature in 9 years
annual
on
for
than
30,-1952
of
Sale
at
to
held
those
par
is
of
on
purchase
and
F
G.
to
yields
Annual
$20,000.
of
Bonds, respectively,,
return
of
2.76%
of
2.53%
Series
of
purchase
for
J
limit
whew
Bonds
F
and
of
K
will
Series
Jr
$200,000,
Savings
Bonds,
footnote
see
on
page
268?„
"Chronicle."
notes
Series
of
A
was
Treasury notes of Series B began
and
notes
interest
accrued
maturity
and
Intermediated
increased
data
par
Treasury
at
Bonds.
Treasury
of
if
to
G
Or
of
two
interest
accrued
"C"
to
to
began
the
on
15th
terminated
on
May
15th
the
interest
years
Series
of
approximates
Oct.
of
1,
the
1953
month
May 14j,
1953. Notes,
on
15,
the
month
2.47%.
and
are
and
if
andt
Sal®
sold
held
maturity
or two years, interest approximates $2.20 per month foir
$1,000 note. The sale of Series C Treasury Savings notes was sus¬
pended on Oct. 23, 1953. For previous data on Treasury notes, see foot¬
note on page 1470, Oct. 19, 1953, "Chronicle."
each
564,132,387
36,483,000
individual
previous
sold
are
been
par,
1,
combined
Sale
c
has
940,432,830
266,684,600
at
purchases
with interest paid by check semi-annually. Redeemable
time after 6 months from issue date, on one month's notice,.
of
274,877,316 2,049,820,091
Issued
annual
on
1952.' Series J and K yield a
maturity, instead of the former rate
higher
1953.
1,153,242,203
threa
raised
maturity, value.
1952, bearing 3%
maturity.
has
May
to
June
619,301,395
of
rate
Also the yield is higher in eacb
year.
limit
$20,000
(NEW)—New
to
2.50%
and
197,194,250 2,439,679,624
494,761,309 3,726,851,724
interest
months,
H
of
716,902,559
2,316,913,624
Comprised
a
follows:
as
Overall
SERIES J AND K—These replaced Series F and G
180,014,200
5,751,986,562
$10,000
H
at par any
as
125,993,778 5,746,460,198
1,
Individual
year.
from
beginning June 1,
614,225,924
388,296,049 2,318,486,983
basis,
changed
were
May
2.9%
to 3% compounded semi-annually when held to maturity..
Higher rate achieved by shortening the maturity of the Series E Bond
from 10 years to 9 years, 8 months. Interest starts
accruing at the
112,141,200
10,724,440
all of which
121.131,867,153
discount
from
Series
1,734,558,413
bank
.
543,724,952
1,770,700,810
months...
a
on
E—Beginning
SERIES
1,387,695,944
2,249,443,739
71,920,964 2,321,364,703
7,869,910,159
197,914,742 8,067,824,901
2,118,229,049
USE
7,870,215,611
Security
Dated
Accepted
for six months—
July
1
91-day Treas.
8
91-day
91-day
Treas.
Treas.
91-day
July 29
91-day
July
July 22
347,000,000 of securities which became due
cial notice of call for redemption on March
15, 1955, of
Treasury Bonds of 1955-60, dated March 15,
1935, due March 15, 1960.
There
are
now
outstanding
$2,611,090,500 of these bonds.
Nov.
22,
for
on
an
Nov.
13 that
optional
ex¬
change of its December maturities into 2%% eight-year
Treasury
one-year
Bonds
certificates
additional amount of the lVs%
of
maturing
Aug.
15,
indebtedness, and
certificates of indebt¬
Aug. 15, 1955.
were
offered
in
exchange for $17,-
maturities
consisted
of
on
$8,175,000,000
Dec.
15.
l7/8%
Treasury Notes and $9,172,000,000 of 2% Treasury Bonds.
July
1
July
Holders
of
the
exchanging for
The
Treasury Department announced
subscription opened
These
Dec.
new
15,
maturing
any
bonds
1954, and
or
and
securities
the
new
The results of this offering will be
umns
The
next
had
the
certificates
were
of
option
of
made
were
par
1,500.255,000
1,500,255,000
Treas.
bills
1,500,623,000
1,500,452,000
Treas.
bills
1,500,400,000
1,500,400,000
U. S. savings bonds
507,602,191
Depositary
1
on
1,500,251,000
bonds-
1,500,516,000
1,499,953,000
Total
for
July
2~98~00i
nfioc®
507,6"oiuii
7,803,500
___—
Tax antic'n notes-
7,803,50®
.
8,017,450,691
(Continued
In the
lowing
Dec. 15, 1954, of the 2%
Treasury Bonds of 1951-55, dated Dec. 15, 1941, due Dec.
15, 1955. There are now outstanding $510,411,450 of these
bonds.
1,500,516,000
bills
on
7,501,576,000
page
515,874,651
6)
par.
given in these col¬
Treasury Department Aug. 12 issued the official
redemption
1
7,939,213,561
dated
for
month.
notice of call for
$
70,400,608,567 62,461,395,000
bills
bills
all of the three issues offered.
exchanges
Indebtedneea
$
787,636,789 8,657,852,400
July 15
15 issued the offi¬
New
Refunding
$
July
The Treasury Department on Nov.
FUNDS
Total Amount
216,807,698 2,335,036,747
tRevised.
Treasury Financing in November
OF
Type of
Total
12 -months
*0.96ft
99.756
12-yrs.
Total
235,924,122
securities
99.756
9%-12 yrs.
intermediate
365,724,376
5,620,466,420
1,500,490,000
1,500,189,000
1,500,256,000
4
doubled
666,467,810
608,576,955
c
Nov 11
end
—+1952
47,300,782
2
7,970,962,375
2,185,113,000
2,121,899,000
the part of the United States Possessions
represented by the $6,500,000 offering
Refunding
1,723,400,028
a
100
was
Territory of Hawaii 2.14% improvement bonds,
1957 to 1974,
inclusive, and the $1,000,000 issue
of Petersburg, Alaska, electric and
water revenue re¬
funding and improvement bonds ($100,000 3s, due from
1957 to 1962,
inclusive, and $900,000 4V2s, due in 1983).
Capital
*0.980
a
100
2,213,543,000
due from
BY MONTHS
3,086,000
2,137,283,000
Nov
_
3,086,000
99.751
463,766,375
91-days
650,226,690
._
____
99.751 + *0.984.
*1.02T
296,405,040
14,470,200
597,462,935
September
Total
1,500,201,000
1,501,773,000
463,766,375
September.
Oct
635,756,490
99.741 + *1.024
91-days
91-days
Oct 1-31
278,934,750
99.743 + * 1.01ft
1,500,043,000
2 years
Oct
____
99.742
1,501,457,000
7
Oct 1-31
August
1,500,636,000
Oct 14
284,482,100
October
2Vn
2,242,097,000
>Oct 21
1,986,500
__
Ve
2,347,486,000
5
26,170,200
.
1
2,460,361,000
2,240,629,000
2,141,276,000
Oct 14
Oct
825,690,750
_
_
1
17,654,391,753
____
Sept 16
Sept 23
91-days
Sept 23
Sept 30'
91-days
Sept 1-30 Sept 1 9%-12yrs.
Sept 1-30 Sept
12-yrs.
282,495,600
June
July
576,914,161
Fourth quarter.
These
*0.983
1,728,164,000 100
2,079,976,000 100
Oct 21
803,155,608
edness maturing
99.749
1,728,164,000
Sep 23 Oct 4
16,141,452
December..
an
*0.791
61/4 years
733,584,804
785,913,420
851,860,950
2,425,370,041* 1,580,152,768
1%%
99.773 + *0.89ft
July 30 ' Aug 15
July 30
Aug 15
Aug 1-31 Aug 1
564,414,602
756,029,603
eight-month
99.793
99.772 + *0.89£
100
3,119,600
1,669,340.438
1963,
1,500,639,000
1,500,754,000
1,501,100,000
1,500,751,000
2,553,549,000
7,433,840
239,168.027
and
2,448,454,000
2,427,772,000
2,353,757,000
2,295,504,000
3,733,710,000
2,553,549,000
Sept 30
$393,416,930
;
___
732,407,786
the
5
(
1 year
34,490,678
896,168,712
The
o
8,017,450,691
Aug 15
730,465,204
401,577,054
2"%%
;
100
751,422,742
75,574,200
the
July
100
May
284,937,645
November
2
of
25,159,845
4,901,430,853 ,1,250,790,912 6,152,221,765
a
100
2 years
1,004,926,000
April
611,231,067
Nine months
*0.8C®
a
7,803,500 100
3,733,710,000
Total
New
January
February
326,002,854
October.
99.815 + *0.731
99.798
507,602,191
1,004,926,000
1954 is set forth below:
September—
.
for
Aug 31
$227,840,260.
offerings placed in November included
the $180,000,000 issue of
Maryland State Roads Commis¬
August
Third quarter
507,602,191
7,803,500
*0.64©
*0.701
1 year
a
$
395,517,758 1,127,624,275
99.837
99.830 + *0.671
99.823
Aug 15
preceding,
641,307,965
732,106,517
1,500,516,000
1,500,251,000
July 30
560,772,709
3,232,090,415
%
1,500,255,000
1,500,623,000
1,500,400,000
2,237,485,000
91-days
92-days
91-days
Aug 26
92-days
Aug 2 7 mos.20dys,
July 21
329,997,217
1,930,190,934
91-days
l
YleUf
5
July 30
60.56
486,689,232
96,140,649
Accepted
■
2,275,303,000
2,198,797,000
2,290,405,000
2,288,393,000
Aug 12
Aug 19 •'».
Aug 19
36.85
•
304,393,500
15,372,739
891,217,851
a
91-days
91-days
91-days
Aug
5
536,888,359
June
1
July
1954"
Price
70,400,608,567
July 22
Aug 12
502,084,724
©Jay
g
DURING
17.81
May
S
106,465,260 1,408,364,741
July
Treasury
Amount
months
July 8
July 15
8
Total
20,439,521
1,301,899,481
June 24
June 29
36.25
521,025,292
l£a;rch___
six
of
30.93
466,249,711
_
for
July 1-31
314,624,478
___,—
February
..
Total
outside of the
sale
FINANCING
Applied for
27.81
26
FINANCING
Total
Due
91,787,500
-f 1953-
Refunding
Dated
20.04
23
the
Amount
Offered
$97,546,521
34
-1954New
to
Depositary Bonds.
TREASURY
July 22
July 29
91-days
July 1-31 July 1. 9%-12 yrs.
July 1-31 July--.
12 years
April
and
due
STATES
% of Total
March
number
principally for refunding purposes. They included
the following in the order of
greatest dollar volume:
the $126,000,000 offering of Olin Mathieson
Chemical
Corp. 100-year 3%% notes, due 2054; Kansas City South¬
ern Ry. 314% first
mortgage bonds, series "C" due Dec.
1, 1984 in the amount of $50,000,000; Pacific Telephone
.& Telegraph Co. 3V8% 35-year
debentures, due Novem¬
ber 15, 1989 and totaling
$50,000,000; International Busi¬
UNITED
and
Date
Total Amount
22
November
limited
Bills, Savings Bonds
July 15
of Issues
like period in
>
categories presented each
anonth in our five-year table on another
page, we find
that contrary to the usual
trend, the other industrial
and manufacturing category has once
again exceeded
the public utility dollar volume
by totaling $210,752,339.
ness
1954 follow:
In
Preferred stock offerings were 21
amounted to
Issues
months of
September
unusually heavy.
added up to
made
private financing comprised 35 issues amounting to
$260,102,997 or 55.78% of that period's total volume.
volume, it should be pointed out
percentage basis, the stock total compared very
Common
$361,928,242
dollar
total
on a
was
August
in question was
offerings during November totaled $100,404,482
of
terms
or
offering totaling only $250,000.
one
19.98%
or
November
amount,
bond and note financing for the month
limited to
for
total
Treasury Department in November
above, confined its operations
ago,
capital purposes.
November of 1954 totaled
note
October, last, the
of 45 issues and represented 36.85% of that month's
gross dollar volume. For the month of
November, a year
capital offerings in
$235,924,122 or 46.94% of the month's over-all
dollar volume, in contrast to
refunding issues which
amounted to $266,684,600 or 53.06%.
bond
is
up
only
Long-term
The
new
previous month,
that
ear¬
new
New
floated for
Private offerings in November were 30 in number
and
totaled $304,393,500 or 60.56% of that
month's grand
total of all corporate
financing. In the
marked for refunding purposes, while for all
preceding
months the larger share of each month's dollar volume
represented funds raised for
were
comprehensive tables
pages we
compare
and the eleven months'
for the
years
year
on
the fol¬
the November
figures with those
corresponding periods in the four
preceding, thus affording a five-
comparison.
Total
20, .0 34.1580 17,6 347
'7$ 356.2 1,0
Oyp-v
427,56417
576,40
-1950 Refundi g 67,286 48 7,3~84756
Total
65,480 369,71 508 14,0 0
18,950 130,9 .0 106. ,0 4,20 , 0 62,*3^0 1375170 ——— 20.475,0 356,21.0
$
20, 0 20, 0 24,97 30 104,80 5.810.78 2,546,784
W Ilkat
"
'7
^
65,480. 14,78213
75,24718
$
-1950
7:
Refundi g 47,056^0 2,489,20 15,291048
2,450, 0 67,236 48
$
7;
-
8 4.0 0
376.5 0
—•"' .
m.
'*-
Capit l 28,964752 20, 0 26,7130 16,590 47
Total
2 5,0 0
s
*9076 6 190, 0
13,58 08
Refundi g 2,970 23,5 60 178,70
Capit l 37,510 2 5,0 0 13,04.916 6,428751
Total
" 9676 6 190, 0
13,58 08
720, 0
New
506,2 0 16,~9576O 40,196387
76~8076 89740.65 301,59 20
89,470 4,125,0
185746,903 Proavin-mcuneidcpsltes.
Refundi g 89,6502
1,07321,58546794 Cioatnsfd,
140,236 StDeohocmuriinefs
-195
New
$
36,52497 17,50 37,261 5 ">71,64 95 3,0 ,0
Capit l 308,195 3 17,50 36,9415 71,64795
$
$
250, 0
401,95420 39,53 0 48,19 35
3,0 ,0
193,£40
CFOORRPEIGANT,
$
Total
8,40 0 2,145,90
12,468307
52062,,688470 13,60856,0,877490269 GAONRNEUPFDIW
90,87 0 6,12,30
193,540
12,468307
43,796504 7,50,0
235,9412
SOUM FARY
■
8,796,34
3,023.0 4 9. 90 29,40 182 2,352,375
14,6950 506,2 0
340. 0 282, 50
235,06475 76.450 324,980641 7,46,280 135,974.32 1,0 618 5,143
!
8.796,24
9,67 ,80
New
S
9,630, 0 172,6 50 8,0 ,0 56,3250 2,48 ,9 7 12,50 0 20, 0 58,4 0
416, 580
■
50,0 0
39,652497
5,60 , 0 17,031840 57,86 ,387 27,1850 93,078 0 54, 9, 0
9,0 ,0 1,083,0
687,206
575,0 0 50 ,0 0
74.59,0
s~6b 76o 31,726840
17,0 0 7,17 50 41,034.50 275,0 0 ' 17,924695 2,13 401 250, 0 26,40 0 893,10 108,9 64 9,630. 0 213,96.50 8,275,0 74.29,65 24.61,398 12,80 0 46,0 0 7,04310
"
T
317,0 0
Refundi g 4750,0 7, 17,0 175*9349", 14,70 0 28,45694
50,0 0
Capit l 9,630, 0 167, 250 8,0 ,0 48,60 0 2,48,97 10,96056 5,30,0 58,40 31,95 3
$
317,0 0
4,50 : 0
Total
$
,
250, 0
5,01 0 93,1 0 27,0 0 185,07 24 8,09,0 7,950 75 ,716 23,850 401,95420
9 ,280
250, 0
18,67509 7,5b,360 24,694,815 13, 4360 9 0, 0 3.0985 2,065987 10,4 82 501.0100 1 ,86 095 34,5630 210.752,39 21,40.36 8,049,280 30 ,0 90 .0 0 13,854.301 45,91 87
■
Refundi g 50, 0 62,40 13,065 0
$
—1054
"
—-
New
]
'
4, 9,0
16,250 259, 0
75 ,716 7,60 , 0
Capit l 5,01,0 30,510 27,0 0 54,7254 8,09,0 7,950, 0
s
47.82,1
4V6,31
8,034,0 17539", 4 1047 007 28,7 39.4
17,0 0 17,50 41,034.50 275,0 0 17,60 95 2,13 401 250, 0 26,40 0 893,10 108,59164 9,630, 0 208,796 50 8,275,0 6,215.69 24,61.398 1,260 56 31.70 7,04310
New
■
58,17
564,13287
5,018,20 89,6502
., 7
CHARCTER
botaiyned
324.65182 26,752375
50 ,0 0
29,40 182 2,352,375 5,60,0 17,031840 57,86 387 18, 50 91, 50 54, 9 0 249,716 82 26,752375 575,0 0 sTeo o 26,708640
,
$
-1953
46, 1.30
340, 0 282, 50
21,342175 61,50 0 319.5 ,41 17,46280 109.63742 21,0 618 5,143
■
.l 3,023,0 49,90
352,169
631,759.4
23,71430 14.950 5,380,70 26.310,6
18,47560
20 ,0 0 282, 50
107,68 941 17,46280 57.98742 19,0168
5,018,20 89,6502
$
90,87 0 49,08 4 7,50,0
$
New
Refundi g 9,0 ,0 1,083,0 74,590
„
2 5,0 0
9,150,350 75,2471 8
18,95.0 107,952370 103,615.0 4,20,0 52.376180 2,546,784 13,5 0 49,1605
•
-
437,5 19 18760, i 4o037937",
83,60
Refundi g 259, 0 6,~"46~0
Capit l 14,9 .240 250,0 32,90750 48,1053
-
Capitl 18, 50 8,972.0 54,0 0 20,370 24,0. 57,0
28,7394
v/
-1954
2 5,0 0
46,3580 37,510
427,561
47,9076 2,489,20 15,6*7598
•-4 1,71065 43,5247
20 ,0 0 282, 50
12.95641 17,46280 76,2432 19.0168
5,238,70
r
New
Total
294,8560 24,0. 0
575,0 0
$
47,8217 25760, 13076 , 179,23 60 2,51,0
31^0 0
Refundi g 28,45694
$
-1953
140, 0
46,31 43 1S760, 0 si,40765 406,8340
416, 580 1679~506 40,196387
-•
Total
720, 0
51,640 2,0 .0
$
1931,8702,73648854SfRFGftBaerltmoencahvuotodnagircsepmdulsiekysd. FSTICTMUSOONRNHAHPFYVEREEIABDA^\RS
GFLAMFTOIMUNVONAEHFRCYVNDEPMRIGALBTR,S
Capit l
$
.
Capitl 61,50 21,930
2 5,0 0
2,970
5
New $27,1850 90.50 54,0 ,0
-1952
2 5,0 0
76.450 21,05 0 59,4750 2,0 ,0 140, 0 46,358,0 396,4780
Refundi g 14.950P 142,0 7,835,0
Total
172,450 48,609 0
89,6502
s
$
is-
297,4620 890,268375 Devlopment.
7 680,6
58.1 ,75
4
6
New
Total
6,70 ,350 7,960,9 0
^
20, 0 20, 0 24,095.370 104,80 5.43,28 2,546,784
Capit l 18,950 83,570 103,5 80 4,20,0 ~9"9524l7 1375* ,6 18.025,0 28,964752
$
564,132 87 2576 16 3067456 27,84026 2,51,0
'
-1952
631,7594
46, 130
396,4780 154,80.516 6,07451
$
-195
35, 8295 14,0 .0
352,169
New
,
17.81,45 51.3 ,147 18,950 15.892370 16,0480 4.20 , 0 68.043,78 2,546.784 13,5 .0 58.346 15
250, 0
250, 0
14,9 240
1 5,60
2,165,0 6,729,60 50. ,0 67,089 0
18,450
13,806
9 ,280
14.26,095 7,56,30 24,579215 13, 4360 90 ,0 13,0985 19,0 587 93,67482 5,01,0 4,7 0^5 34,5630 70,51.739 21,40 360 8,049,280 30 ,0 90 ,0 13.854,301 27,50 987
256043,7,8419
etc. etc. ~ etc. . etc. 235,941.
NOVEMBR boannodtedss - boannodtedss - boannodtesds stock— corpate InBteraanionklGovernmtforegoviegrnmntGaagnvcie,s•Mu&nicpal—tSt.es,S,Potsaeeis-n toa.l fidfgiunnucolrodestse OFNOVEMBR BNooatennsd-ds utiles cecsooptteall,,,manufctres oi—Inmdaanuufsncttrrdiig—l beuticld.—ngs, Miscelanous BNooatnesd-s _.1utiles csecottope.all,,,manufctr-es oriesindmauanusnftcrtidrigl— bueildtcng,s — Miscelanous utile—s manufces industral'manufctdrig— bueildtcngs, acesori-— Micelanous cseocrpuritate
Ihttnrrvoaeulsddtsmiinnngg,,,
Inhttvrreoasultddmsiinnngg,,,
cescotopetalrl,,, aanodries hItntrovraeulsddtmsiinnngg,,, ^Miscelanou - utiles cescotoptea.rll,,,manuft inmdaaunsnutfrcdtlrig bueildtncgs, -Ihnttvroreaulsdtmsinng,,
OF Long-term Short-em Prefstorcekd Comstocokn Long-term Short-em Prefstorcekd Comstocokn Long-termShort-em PrefstorcekdCom on
Corpate-— Domestic- Candian- foreign-
MONTH
Other
Total
r
.
Candian Other Loan
§
Farm
Grand
United
•These
MONTH
Long-Term Railroads Public Equipment Maotnords
Iron,
Other Land,
Ship —ing
Short-TemRailroads Public Equipment Moatonrds
Iron,
Other Land, Rub er
Oil
Ship ing
Stocks—
Railroads Public Iron, Equipment ^Motrs Other
Total
— Land,
Oil
Rub er Ship ing
Total—
Railroads Public Iron, Equipment Maotnords Other — Land, Rub er Ship ing
Oil
Total
Total
$
3,9450, 17,420 578,16 08 597,21853 27,54,50 24,35790
10, 0 13,70 10.5 ,0 1,2395.0 3,162 ,95 69,70
37o
Refundi g 51.309 39,028 5 7,04,80 8,0 ,0
1,5947, 5
$
-1950-
$
'
Capitl
New
Total
77
37o~.o
2,784031,5 126, 10 539,1 523 590,2793 19,54 50 24735L790
H
4,0892,5 6.021,0 703,4612 835,728
5,0 .0 "VoTo o 1,640, 8
2,50 , 0
,
23,054.78
70 ,0P0
31,97362 123,013 9,29,50
-195-
RCeafpuintdilg 4,0956,490
New
2,7 1,50
Total
10, 0 13,70. 10,5 0 827,350 83,621 6 1,895,0
415,,02,386641382609410
24*7.250
159,72 0 "17,420 73,25 78 5,79 035 21,54.09 42,89.4 1,78,270 29,043.951 18,63 14
Capit l 326,8 50 1,40583,1 207,65 0 10.46,0 261,48759 258, 2850 7,69450 17638,0 P6.5O0 206,937
$
17o~0 7o0
New
17,0 0
7,5 27650
917.087 813,798.127 5,036,20 168. 5 496 36.91250 12,7 . 70
129,648.17
108,39410
70 ,0 0
6,47 ,0 5 "*267,270
701,5348 5,79.035 "247,250 215,0674 42,894 1,520, 0 29.043951 10,5964
326.8 50 2.14,0761 263.4 ,58 10,46 0 47.2361 301,75234 59,21450 17638,0 95.43,951 425,9147
—
304,270 1,93 ,50 168.2 ,90 34,16 50 2,84,0 1,2873,24 130,89 132 37,6190 102,750 2,80,0 2,40, 0 350,7-356
$
*
'Total
,
:
831,0 0 250, 0 1,0 ,0
2,50 7 0
•
10 ,0 0
Reiundi g 3,470 32,09 0 4, 9,640 13,82065 120,76^197 32,50 0 3,872,0 I7fio" ~,flb 70,8290
-
-195-
,
740, 0
Capit l 271,08 0 1,96240.5 163,892u0 20,34875 2,84,0 1,652,047 98,3 132 3,74 0 102,750 2,80,0 279,4067
1,90 , 0
Total
150, 0 249,560 469715.0 2,8079.2 17,601 0
2,56 ,0
s
126, 0
1.4 0, 0 6,021,0 5,065. 0
70,46521 03,81 90
:
$
-
241.250
42.763 0 2,937815.2 268,502785 10,46 0 64,09265 38,64. 71,927 0 17638.0 0 95.43951 5 ,70.314
51,309
$
296.540, 3,2 641,79 67,850
49,8 245 ^ 30,9 0 1,495"067 72,856215
5,3684
17,0 0
17,0 0 ~ 7o* 7o6
42,763 0 2,187562.0 21,68750 10.46,0 423,~85L20 295,76 350 70,14 0 1.638,0 6,50 0 27,6820
Refundi g 97,8 10 782.0 87 5,036,20 162,38 491 36,912503 12,45 0 70,45267
-1950
5,98623,708 150, 0 280,4650 10,964720*,2,806457. 17,601 0
5,3210 580.16,79 825.643,28 2,50 , 0 2073 258 5,0 ,0 9~O7O O 1,640, 8
$
70 ,0 0
831,0 150, 0 1,0 ,0
3 2,140
56.104925 69,83581 1,732,58 2,5097416 93,1 9
492,50 2,69 ^04,716 27,1081 34,16 50 2,84,0 1,8547.169 201. 6713 38,951 40 104,5728 2,80.0 24,*79.416 45,72495
Tr.-» 309-
3,607. 0 4,82,0 82,309630 2,730,50 1.0 .P0 1,476053
1,40, 0
New
241.250
3,470 6,30670 9,27,640 13,82065 203, 5782 35, 0.5 3,872,0 2.50.0 82,35893
3 2,140
483,7952 67,153081 1,732,58 509*476 82,43786
276.145,0 2,69 8,016 26.83,16 20,34 875 2,840 1,65 38,42 165,9213 5,079140 104,5728 2.80,0 2,49 16 36, 8542
5,065, 0 6 ,857 16 98, 3901
f.
2
13,967405 416,2503798
E921,37014608,3954StDCiPeohvramclnuuvpscfpdlet.. NF3YOIDVA0R.S 74155,,820936823.
MENF3OYDITVA0HRS.S
Total
$
6,04538,21 38,47350 478,25 4 1,0768,45 128,50. 3,~85o7O 25,08 0
7,8230,87
10, .0 92.850 120. 3650 1,83420,3 ,8915 ,689 3,9260
9,63 , 50 695,0 0
$
46,2190 2,6312,950 574,2 50 16,0910 68,9015 475,0 1 20,7 0 132.50, 35.0 T60 32,940
573,0
7~8Tl29S 28,97145 435,2617845 20,158397 3,194,873 3.921750 134,8910
25,Ij80
3548,,3,842071^050
1,8
46,2190 3,042759,48 603,21645 16,0910 2,31~807345 67,58.903 20.643,0 135,694873 68.921,750 483,10
6,714435,12,820968216089755037 '1113,,542562639782189759040
ONCIOSFTEMTSURELOPNFHHANWIVAERDS
FGFLMOAFOTEIUVRNLEAOERHCINGVMPDNRGT,
5,940183 0,82 37,850946 311,5241,84639.7221,70495094577638 bSfrFmtoaGtaoue^fohnRgIBivcndeypticeanrodlssmeysruilkd.l 4,280.137 I —s.
51,79,649063,1'4648,8274038309751
Refundi g 712,4 08 4,80,0 17,0 108 6,093,40
3,025,0
$
-1952
743, 645
Capit l 5,3 097,23 3,67350 461,8736 1,0.58712 128,50 378~50 2,05 0
uJeaTo
1,38097 32,856
Refundi g 21,390 68,709 0 85,420 8 253,06 13 8,745,925 2,340, 0 20, 0 62,91 50
4,80 , 0
S
1952
S
New
Total
7,083941
$
4,86290,417 218,3570 418,0264 1,052815 29,60 0 62^51~82
Capitl 5 254,980 2,19360^5 48,5 0 16,091 1,657840.1 46,95 86 17,30 12,50 srocTo 260, 50
70, 0 163,750
Total
\
Refundi g 150,7 59 201,250 7,92,430 3,160,483
Total
$
243,520 1,96745.120 208,350 28,059375 81,5~67!20 317,397 29,37285 27,60 0 57:0^0 1,0541,0
"
201,250 201,250
$
70, 0 145,70 295^34,0 4,65 97,823 41,850
Capit l
6,48215
685,0 0
Capit l 4,1980374 10,7 0 59,84375 849,5748
98,0 0 94,82 0 l,6578~06o ,0185 ,76 37,05 0
Total
12,80. 0 1,28506, 124,36291
$
CORPATE,
New
$
New
-
$
'
81,9750 5 0, 0 193,540 103,74 807
.
2.04
243.520 2,8476.38 251,79.158 28,059375 1,048*2^470 542,15.836 30,74 538 27,60 0 279.0L846 1,3079 ,46
1,04 , 04 721,025
7,536,905
31.0 ,0 3,46.905 630, 0 52,435 79 2.07,025 1,539.4 1,20,0 19.5L30 19,5809
1,854 19
J
1,69481,7
Refundi g 1,539 7, 9 7,50, 0 140,6 976 8,03 42
$
1954
pp
516
903
Refundi g 31.0 ,0 25,910 630, 0 51,39501 1,340. 0 1,539,4 1,20,0 ir»T5o 17,90230
-1953
001
:r
433
7,6392,70
5 0. 0 193,540
145,73 053 8,450 736,4531 857,49 1 82,60 103,74 807
254,980 2,96305 8 87,245 16,09.1 "34J7362 64,09283 18,30. 15,694.873 7?o 418,5 93
2
37,40
13,96 0 1,450, 0 50 , 0 . 50, 0 20,350 218,3570 ^61.968 43,26758 165.03,270 18,59 43 1,324,713 21.54,86 90,178546
$
$
New
21,39.0 79,63740 86,3 40 26,75.983 12,46592 340. 0 20, 0 64,57408
•
16,43172 i8,o "6o 1,04^75,0 83,16295
Capital 4,712.8 3 218,570 410,32174 1,049263 29,60 0 62~5 L821
1,635,4 8
25,80 3,673 50 76o,ut» o8 28,03745 426,39 5 196,43897 573,0 3,194.873 7=n 13,25 43
4,83,50 695,0
2,56 0
New
6,43 5,97 I,4o57i2 ob 4,7013, 8 41,850
$
-1953
10. 0 81, 20 120. 3650 493, 043 3,569271 3,9260
10,98470 963,40 8,91,850 3,720, 0
21,4520 1,942035,1 207,650 28,059375 830,"172*85 431,9683r>7 27,832 81 26,40 0 38,4 70 97,539180
150. 0
150,79
37,40
50,0 0
13,96 0 1,450, 0 50 ,0 0 20,148750 218.5,70 895.32 06 43,26758 163,92806 107.8 41 1,324,713 21,5486 8,32407
4,7283
425,6'<o.0 2,714.0,8 509.813,50 24,83750 8,40 0 836,97045 426,51 0 85,14 02 1,30 0 "50,7 16 47,0 40 5,8201 ,753
~
38 .50
16,90 19,0 0 i426.90 830,174' 6,84 87 327,53961 6,82.3 16.045,134 1,23,24 an24.P7 153,02578
75~0, 0 1,350, 0
2?f>
Refundi g 251,4820 650,428.50 4,50.0 291,7064 62,3850 ~*B2,0 0 25,0*o76 25,oJ-
GARONUPDIN
SOUM FARY
2
Capit l 174,930 2,063.72,0 50.31,50 24,83750 8,40 0 54,126405 364,1 50 85,1402 8,18,0 150,0 25,7 16 394,7316
750. 0 1,350, 0
$
New
CHAR TE
10,484
7, 50, 0 7, 50, 0
$
-1954
123,6274 13,0147
21,4520 2,851.39,78 250,94158 28,059375 95r~8491 540.3581 29,07594 26,40 0 25<k~873*,546 1,2830 957
1,5276
.1096 ,4178 ,62387 .843,750 .40, ,6710 ,549.32 ,1867 ,6850 .3724 ,1583 ,9378
1
24
426
11
88
576
1,164
286 916
494 101
1,6978
375,173 2 5,0 0
1,8650 148,69408 251.4820 73.590,74 4,510,48 30i,2tf7m 62,3850 375.173 2,70,0 25,0 0 27,14923
619. 60 827,10 15 .903 ,843750 40 ,0 0 38 ,8 9 164,3 2 81 ,0 3 981,50 373,2 4 158,183 790,739-
163,50
426,960
3,544
109,50 1 .250, 70,15480 6,83.403 314,52.48 6,82 3 15,69 61 1,23 24 235,40267 14,6758
•„
1,5492 0
8
24
174
2,770
1
88
572
261 644
860 432 100
-
notes note-s - notes - agencis&t., fiuncldse men3onovednm0thbsr BNooatennsd-ds utiles eccootpa.rl,,manufces— oriesinmdaaunnsuftrdctlri:g —bueitlcd.—ngs, httrroauelddstiinncgg.,, —» BNootaens—ds -—- utiles cecooptal,,manufctres oriesinmdaaunsnutfrdctlrig bueildtcngs, httrorauelddsitinncgg.,,, — utiles eccooptarl,,manuf acesori inmdaaunsunftrcdtlrig bueildtcngs, „.httroraeludtsicngg,,, utiles cecooptalr,,manuf acesori inmdaaunsunftrcdtlrig bueildtcngs, htotrraluedsitncgg.,,, — csoercpuritate
NEO3NVEDM0BR
MONTHS Corpate- Domestic—
II
Lboonagn-tnedrmds Short-em Presftorcekd stock Candi -— bLooanng-ntderdsm Short-em Prefstorcekd stock foreign- bLooanngn-dtedrsm Short-em Prefstorcekd stock corp ate
toal fdignurooest
fBlIntearnaiko.l CGaovnerndmiant foregoviergnmnt LGooaanvnd, "Municpal—Stes,SPotsaeeins
Com on
Com on
Other
Com on
Grand
Total
§
Other Farm
United
k
•These
to
11
-ongTerm Public Equipment Maotnords Other
Irsoten,l;
oil
Land, Rub er
Sh:ip ing Investm n
Miscelanous Short-Tem Railroads ste l,Equipment and
Total
Public Iron, Motors Other Land,
Ship ing Investmn
Miscelanous
Stocks-
ste l, Equipment and
Public Iron, Mot rs Other Land,
Ship —ng Investmn Miscelanous
Total
otcl—
T
ste l, Equipment and
— Investmn Miscelanoj^s
Public Iron, Motors Other Land, Rub er Ship ing
Total
6
The Commercial and Financial Chronicle
(1554)
Roger S. Palmer Co.; Patterson, Copeland & Kendall.
(Continued from page 3)
91-day
92-day
91-day
92-day
5
Aug 12
Aug 26
2
1,500,754,000
1,501,100.000
bills
Co.;
Co.,
Indebt'ness
1,004,926,000
1.004,926,000
of
Aug 15
bonds
bonds
Treas.
Treas.
U. S.
1
antic'n
Tax
Singer,
Chas. W.
1,728.164,000
Shaughnessy &
Showers;
Co.;
Robert
Co.;
send,
Walter
Cartwright & Co.; Swiss
Thomas & Co.; TownDabney & Tyson; Van Alstyne, Noel & Co.; H. C.
Wainwright & Co.; Weeden & Co., Inc.; J. C. Wheat &
Co.; Harold F. Wood & Co.; Wurts, Dulles & Co.; F. S.
Yantis &
Co.
Inc., and Yarnall, Biddle & Co.
Over¬
546,415.752
546,415,753
4,407,000
Stokes
4,407,000
notes_
Co.;
&
Corp.;
&
4,284,532,753
17,654,391.753 13,369,859,000
August
91-day Treas. bills
91-day Treas. bills
91-day Treas. bills
91-day Treas, bills
91-day Treas. bills
Sept 23
Sept 30
Sept
1
Sept
Sept
1,500,502,000
134,000
1,501,457,000
1,500,ISO,000
1,267,000
1,500,043,000
1,500.043,000
U. S. savings bonds
2
Sept 9
Sept 16
1,500,636,000
463,766,375
3,086,000
3,086,000
Tax
1
Total
Oct
antic'n
for
1,500,201,000
1,500,616,000
Co.,
7
91-day
Treas.
bills
91-day
Treas.
bills
1,500,189,000
Treas.
bills
1,500,256,000
Oct 28
91-day
Treas.
bills
1.500,637,000
1,500,200,000
Oct
Treasury
Oct
notes
*$7,700,000 Central Hudson
Depositary
1
Tax
437,000
*10,000,000 Connecticut
456,139.422
456,139,422
3,920,500
3,920,500
bonds..
Putnam
Total for Octobe
&
450,000,000 Pacific
10,616,C63,922
v-
4,615,528,922
6,001,135,000
&
Treas.
bills
1.500,836,000
1,500.836,000
American
Treas.
Treas.
Treas.
bills
bills
bills
1,500,452,000
1,500,452,000
hold and
1,500.394,000
1,500,334 000
Nov 26
90-day
91-day
90-day
1,500,115.000
1,500,115,050
Nov
U. S. Savings
bonds
465,710,345
465,710,345
4,282,500
4,282,500
Depositary
Nov
1
Tax
bonds
antic'n
&
ties
for November
6,471,789,845
V.v'
Total
for
six
'
'•
•
<g
and
for
W.
Scranton
Telegraph
1989.
July.
interest.
Offered
&
Allyn & Co.,
A. C.
Certificates
Notes
Parker
Weeks & Co.; Bear,
Broome &
Redpath;
&
Stearns & Co.;
Co.;
Bros.
Burns
Inc.;
Equitable
Bache
Total
for
Co.,
Inc.;
Sons;
Leonard
Frisbie
A.
Ellis & Anderson;
Green,
Hanauer
&
Co.;
Harrison
&
38,145,000
132,880,000
326,897,000
Pizzini
Co.;
158,000,000
117,977.000
Notes
for
112,200,000
270,200,000
172,106,000
.147,050,000
1108.193,000
15,799,000
76,190,000
223,240,000
1168,584,000
Stokes
&
Lombardo,
General
1984.
Co.;
Inc.;
54,656,000
,
v-
.
105,723,000
9,500,000
116,880,000
16,812,000
Total for November..
239,415,000
126,380,000
The
•Comprises
sales
of
1,154,321,500
special
certificates
series
notes;
and
Service
Retirement
Fund.
System,
Government
Insurance
Foreign
Life
Service
Retirement
National
Savings
Federal
Deposit Insurance
Corporation,
Loan Insurance Corcoration, tNet retired.
and
and
1,
of
institutional
1,
Hough;
3 lA %
1989.
Price,
Stirling,
1975.
Purpose,
&
of
porate purposes.
Morris
Price,
Details of New Capital Flotations
Nov.
\
Long-Term Bonds and Notes
(Issues
,
series
Dean
•750,000 Suburban
Maturing
due
101.93%
i
and
Dec.
Williams
Co,;
1984.
American
Arnhold
&
Redpath;
Bacon,
Baker,
Weeks
&
Securities
and
Atwill
Co.;
& Co.; George
S.
Whipple
Co.;
K.
Anderson
Inc.;
Auchincloss,
Co.;
&
Ball,
Baum
Corp.;
Bleichroeder,
and
Baker,
Co.;
Watts
Burge & Kraus; Jack
&
&
&
Broome
&
Co.;
I
.
Burns,
Co.;
Bass
Co.;
'
1,
DeHaven
&
&
Co.;
Townsend,
Shelby
Crouter
&
Cullom
Davis
&
investors
Bodine;
Dick
Ducournau
Co.; Hannahs, Ballin & Lee; Ira
Haupt'& Co.Stone
&
Co.;
Holler, Bruce & Co.; Hemphill'
Noyes & Co.; Hirsch & Co.; Huime,
Applegate & Humphrey
Inc.; Kidder, Peabody & Co.; A. M. Kidder. &
Co ; John
Kormendi Co.; John C.
Legg & Co.; Carl M. Loeb, Rhoades,
(/
^ £°': hoev/i & Co' Macka11
& Co.;
inson
St.
Marx & Co.;
&
Co.;
Louis
Wm.
Co.;
& Coe:
Laurence M. Marks
A. E. Masten & Co.; McMaster Hutch¬
J. Mericka &
Co., Inc.;
Stein
Bros.
and
Co.,
Milwaukee
Co.;
Moore,
Leonard
Newbold's Son
ten&
j.
&
Co,
Co.;
Inc.,
&
New
Co.;
York
Alfred
Newburger, Loeb
&
Hfinseatic Corp.;
OGara
&
Co.;
J.
a.
Co.;
E
Homer
M
1974.
the
&
Co.j
ETC.
Ohio)
and
for
mortgage 3%-4% !
first
due
semi-annually
construction.
new
Offered
1,
by B.
1954
and
Purpose,
Delaware
Aetna
Rubber
C.
due
Corp.
of
1,
1007*
first mortgage
semi-annually
for new
Offered
Life
Oct.
Price,
Ziegler & Co.
April 1,
Price,
construction.
by B. C. Ziegler & Co.
first
mortgage
Dallas
(Texas)
Insurance
4%
notes.
Placed
hotel.
Co.
5%
Corp.
first
mortgage
for working capital.
bonds
due
privately with
Placed
investors.
&
C.
Boyce;
F.
TRUSTS, TRADING, HOLDING, ETC.
Co.
for
pose,
with
instalment
general
obligations
corporate
institutional
Cassell
&
1955-1963.
due
Pur¬
privately
purposes. " Placed
investors.
7•;>
Beil
MISCELLANEOUS
100%
Consolidated
$100,000
and
general
accrued interest.
and
fund
cor¬
3%%
first
mortgage
Placed
Credit Corp. 20-year 6%
(with
notes
bank
repay
fered
due
by
J.
note
due
and
for
with
stock
loan.
Price,
Wheat
C.
*18,000,000 International
bonds
$250,000
1,
working
York
New
subordinate sinking
purchase warrants).
Purpose, to
1007* of principal amount. Of¬
&
Co.
Harvester
Nov.
Metrogas,
due
COAL,
Purpose,
<
Credit
Corp.
3y2%
subordinated
1974.
Purpose, refunding ($13,500,000)
capital ($4,500,0001.
Placed
privately
Life
through
Crowell,
COPPER,
Insurance
*500,000
first
Co.
mortgage serial convertible bonds
Purpose,
privately.
1973.
Robinson
Gamble
1969.
ETC.
1,
Placed
poses.
Inc.
Inc. 6%
June
Pacific
*5,000,000
Purpose,
general
corporate
pur¬
,
3%%
Co.
refunding
($2,250,000).
for
promissory note due
($2,750,000) and for working
Placed
privately
through
Blyth
&
Inc.
Rosenthal &
Nov.
Rosenthal, Inc. 5V4%
1966.
1,
Placed
with
Co.
&
subordinated notes due
for expansion and working capital.
institutional investors through F.
Purpose,
privately
Eberstadt
AND
Inc.
for
Inc.
MANUFACTURING
47*
promissory
general corporate
note
due
purposes.
Sept.
Short-Term Bonds and Notes (Issues
Placed
Engineering Co. 5%
OTHER
convertible income notes
$250,000
Purpose, for
John
Co.;
construction.
new
Hancock
Mutual
New
York
Life
Dec.
*7,265,000 Hart, Schaffner
•
,
&
Purpose,
capital
($2,500,000).
Co., Inc.
*3,500,000 Howard
1969.
Stores
Co.,
and
*35,000,000
through
&
to
$1)
in
class
A
Blyth
$50,870,000
Inc.
notes
due
Business
Jan.
1,
2052.
Land-Air,
\
accrued
1964!
Inc.
100
one
$500
shares
class
class
debentures
A
B
common
class
shares
50
stock.
B
due
stock
stock
common
debenture,
of
dated
sinking fund notes due Oct. 1,
loans, .for acquisition of
bank
Dec.
of
Purpose,
Agency Issues
Banks
1.25%
"
consolidated
1954 and due Sept.
1,
1955.
at par.
Ofiered by Macdonald
fiscal agent.
1,
Price,
refunding.
Newcomb,
Credit
New York
United States Possessions
t$6,500,000 Hawaii
series
(Territory
dated
A,
Machines
Corp.
Purpose,-for
3%%
promissory
expancion
yield
program.
fered
from
by
Savings
1.10%
The
Bank;
of)
Nov.
Purpose,
214%
1,
for
to
Chase
10-year subordinated notes due Nov. 1.
for
working capital.
Price,
100%
and
interest.
Offered by
others, without underwriting.
company
to
employees
and
t Indicates
and
according
National
issues §o!d
competitively,
special offering.
improvement
due
Nov.
construction,
2.40%,
Salomon
•Represents issues placed privately.
t Indicates
public
1954
new
6%
Purpose,
of
stock
privately to Prudential Insurance Co. of America.
300,000
of
and
five-year
of
and Government
Purpose,
Becker & Co. Inc.
International
67*
shares
shares
50,000
Intermediate
debentures
&
and
for working
capital.
with certain insurance companies through
MANUFACTURING
Corp.
25,000
units
stock
Federal
G.
repay
Clark,
and
Farm Loan
promissory note due June 1,
and for working
privately
$1)
inclusive.
Sold
and
without underwriting.
New
/a—
($4,765,000)
Placed
Corp. 3%%
Purpose,
Placed privately
G.
1959
working capital and general corporate purposes. Price,
$500 per unit.
Offeied by company "as a speculation,"
Placed px-ivately with
Co.; Aetna Life
Insurance
_
for
^
Foreman
A.
Marx 3%%
refunding
,
AND
Metallizing
15,
(par
Insurance
Life
England Mutual Life Insurance Co.
1969.
INDUSTRIAL
National
(par
promissory notes due Oct. 1,
Maturing Up to *
and Including Five Years)
insurance company.
an
of
Insurance
New-
O'Connell
Overton
la54
construction
Purpose,
Pittston
scribed.
&
Lynch; F. S. Moscley & Co.; Mullaney, Wells &
Co.; W. H.
(Niles,
1,
1969.
with
INVESTMENT
$755,716
Price,
mortgage bonds due Nov.
construction
*2,000,000 Great Northern Paper Co. 47*
Metropolitan
The
and
RUBBER
Scott, Horner & Mason,
by
&
(par $1) in
of stock.
Pur¬
1. 1961.
Puroose, f"r working canital.
Price, at
principal amount. Offered by company for sub¬
scription by stockholders, without underwriting.
All sub¬
Hayden,
/,
for
O'Sullivan
1965.
stock
construction.
new
Jan.
1007*
&
Hanauer &
1972.
due
&
& Co., Inc.; John Douglas &
Kees; Este & Co.; Clement A.
Evand & Co., Inc.;
Fahey, Clark & Co.; Fairman, Harris
& Co,
Inc.; Fauset, Steele & Co.; First of Iowa
Corp.;
First lof Michigan Corp.; Foster &
Marshall; Freeman &
Co.; M. M. Freeman & Co., Inc.; Goldman, Sachs &
Co.;
Goodbody & Co..; Granbery, Marache & Co.; Green Ellis
& Anderson;
Gregory & Son, Inc.; Grimm & Co • J
B
Inc.;
A
.■
BUILDINGS,
Oct.
1,
Hotels
Purpose,
through
Co.
INDUSTRIAL
217,524 Dole (James)
MerletTSmifchI R- s- Dickson
Co.,
class
attached).
development costs
Offered by company
class B stockholders,
par.
by Stone & Webster Securities Corp. and
STEEL,
privately with
Burnham
Davenport
at
for
Co.
OTHER
Corbett
Co.;
and
"
Co.
*$900,000 Beckman Instruments,
Carroll & Co.;
Securities
McJunkin,
Co.;
$23,850,000
Co.;
and Co.; Burns Bros. & Denton,
& Pickard, Inc.; Byrd Brothers; Lee
Chace, Whiteside, West & Winslow, Inc.;
City Securities Corp.; Clayton Securities Corp.; Coffin &
Burr, Inc.; Julien Collins & Co.; Cooley &
Co.; Courts &
Co.; Cunningham. Schmertz & Co.,
Inc.;
Dallas Union
W.
&
warrants
purchase
loans
and accrued interest.
Statler
*6,000,000
in¬
&
M.
McDonald
Price,
intei'est.
dated
100%
Co.,
&
Inc.;
Co.,
fund debentures due
Purpose,
1956—Oct.
"$27,000,000 Erie Mining Co. 4V4 7* first mortgage bonds, series A, due
July 1, 1983.
Purpose, for new construction.
Placed pri¬
vately with institutional investors through Kuhn,
Loeb
Aspden,
Parker
&
10-year sinking
by
Oct.
aeci'ued
bonds
Systems, Inc. 4Va% first mortgage bonds
Purpose, for general corporate purposes. Placed
IRON,
Evans
1,750,000 San Diego Hospital Association 3V2% -4V4%
$93,191,000
Baxter, Williams & Co.;
Bear, Stearns & Co.; Bioren & Co.; Blair & Co. Inc.; Blunt
Ellis & Simmons; Bosworth, Sullivan &
Co., Inc.; Stockton
Inc.;
i
first
mortgage bonds,
Purpose,
refunding.
Price,
Offered by The First Boston
accrued-interest.
Robinson
;
1,
3147*
Co.;
capital.
dated
capital
Ry.
A.
& Co.; Ladenburg, ThalCo.; Mackall & Coe; A. E. Masten
bank
Stephen's Parish
and
*$300,000
privately
with
institutional
investors
Weedon & Co. and Wagenseller & Durst,
Corp.; Halsey, Stuart & Co. Inc.; Adams & Peck; Allison-
Strudwick;
i
Southern
due
Clement
stock
(with
reduce
1955-1964.
Water
1974.
to
subscription
bonds
Purpose, refunding ($1,500,000) and to repay
Price,
101.9977*
and
accrued
Witter &
Clark,
Collins &
Richards
&
57e
Corp.
1964
working
St.
($2,500,000).
Offered
Kay,
LAND,
$200,000
RAILROADS
.
,
City
C,
loans
interest.
Later Than Five Years)
'I£50,000,000 Kansas
1, 1984.
bank
During November, 1954
Julien
$7,950,000
share
one
first
new
Power
Oil
1,
privately with The Life Insurance Co. of Virginia.
44,000,000 Sierra Pacific
Sherrerd;
$8,090,000
refunding
common
and
Co.;
4Va7c
for
Co.;
Loewi &
for
and for new con¬
of principal amount.
Oversubscribed.
Co.
Purpose,
sinking fund debentures due Nov.
shares
Underwritten
Gas
stock.
pre¬
mortgage
Purpose,
101%
units
share of
one
common
and
in
Securities
institutional
Lemon
&
loans
institutional
15
first
of
1, 1969,
$25)
cents)
&
without underwriting.
and
and
of
debentures,
shares
(par
10
Co.;
pi-ivately
35-year
Nov.
debentures
unit.
*500,000 Shenandoah
and
1007c
Inc.;
and
bonds
for new
accrued inter-
of
(par
&
Wytex
Thomas
mortgage
duPont
&
Purpose,
Stubbs,
Co.;
Corp.;
stock
stock
Milwaukee
Dec.
Corp.
114,000
Johnston,
and
first
group
to repay bank loans and for
Co., inc.
Service
Fund,
1979,
Inc.;
Fund
Fund,
&
Aj
for
Insur-
scribed.
290,000
A.
St°k»<;
Life
Hammill
&
Co.;
Singer,
Deane
&
Scribner;
Corp.; Strader, Taylor & Co., Inc.;
Co., Inc.; Thomas & Co.; Spencer Trask & Co.;
Van
Alstyne, Noel & Co.; Wertheim & Co.; Woodcock,
Hess
&
Co., Inc., and Yarnall, Biddle & Co.'' Oversub¬
Inc.;
Julius
Fox'
($8,000,000)
repayj- bank
with
Boston
$11.50 per
Postal
Insurance
privately
First
pose,
certificates
Railroad Retirement Fund,
Alaska
to
($4,360,000).
units of $6.50
cold to Adjusted Service Certificates Fund and Unemployed Trust Fund
and notes to Federal Old Aere and Survivors Insurance Trust Account.
Canal Zone Retirement Fund.
Ac
American
33/s%
a
Corp.
due
C,
and
741,000 Shenandoah Gas Co. 6%
113,035,000
34,506,736,000 33,352,414,500
months..
11
Co.,
Co.;
Strauss
S.
Price,
with
Telephone
series
Placed
1,
for
J.
Co.
($4,000,000).
bonds,
96,223,000
133,692,000
&
Purpose,
debentures due Nov.
preferred
amount
10
1969.
Mutual
Burnham & Co.; Butcher &
Richard W. Clarke & Co.;
Co.;
Stetson
through Blyth & Co., Inc.
struction
Certificates
&
Mcer
refunding
privately
Placed
vestors
($3,140,000)
Notes
Rand
Swiss
Electric
Purpose,
*7,500,000 Rochester
Total for October
Inc.;
Frank,
est.
160,391,000
November—
Federal
&
Stern,
Co.;
construction
38,857,000
--
-
(Savings
&
*12,000,000 Portland
October—
Notes
Total
Kerner
Pollock
E.
67*
McCormick
Stx-oud
Company;
due
Certificates
&
Wm.
Watling, Lerchen & Co.; C. N. White & Co.,
Inc.; Arthur L. Wright & Co., Inc., and Wyatt, Neal &
Waggoner. Books closed.
132,083,000
198,094,000
September...
&
140,023,000
80,117,000
Total
Inc.;
Co.,
due
'
Shearson,
Haupt &
The
Walter
Smith
September—
Certificates
&
Close
Inc.;
Brothers
purposes.
underwriting.
Mead, MiLer & Co.; Merrill, Tureen & Co.;
Co.;
Model,
Roland
&
Stons*
Moore,
Leonard & Lynch; W. H. Newbold's Son &
Co.; Newburger
& Co.; Newburger, Loeb &
Co.; The Ohio Co.; Olderman,
Asbeck & Co.; Prescott, Shepard & Co., Inc.; The Robin¬
son-Humphrey Co., Inc.; Rodman & Renshaw; Rogers &
Tracy, Inc.; L. F. Rothscild & Co.; Saunders, Stiver & Co.;
Robert
Co.;
Ira
&
Patton
Gregory & Son,
Co.;
note
with The
common
Converse
I.
Co.;
The
&
Robinson-Humphrey Co., Inc.; Salomon
Bros. & Hutzler; Schmidt, Poole, Roberts & Parke; Schoell¬
kopf,
Hutton
&
Pomeroy,
Inc.;
Schwabacher
&
Co.;
Shaughnessy & Co., Inc.; Singer, Deane & Scribner; Stern
288,752.000
18,000.000
114,880,003
corporate
without
Co.;
V.
Miller,
&
176,694,000
459,777,000
August..
&
mann
Este
secured
of
and
Inc;
&
C.
Denton,
Corp.;
Securities
Co.,
Blair &
&
B.
153,025,000
first mortgage bonds due
general
company,
Chapman & Co.; Goodbody & Co.; Goodwyn &
Hallowell, Sulzberger & Co.;
Ira Haupt & Co.;
Hayden, Miller & Co.; Henry Herrman & Co.; Hickey &
Co., Inc.; Hulme, Applegate & Humphrey, Inc.; Janney &
Co.; Johnson, Lane, Space and Co., Inc.; Joseph, Mellen
Co.; Newburger, Loeb & Co.; New York Hanseatic Corp.;
J. A. Overton & Co.; Patterson, Copeland & Kendall, Inc.;
306,752,000
_
1,
bank
repay
($7,200,000).
Olds;
&
Rippel,
to
Farwell,
Inc.;
159,932,000
Rambo,
for
by
privately
shares of
stock
Francis
Price,
by Halsey, Stuart
115,738,000
270,788,000
and
purposes
Co.; Courts & Co.; Cruttenden &
Co.; Cunningham, Schmertz & Co., Inc.; Curtiss, House &
Co.; Dominick & Dominick; Doolittle & Co.; Drexel & Co.;
deben¬
35-year
refunding.
tl6,762,000
194,094,000
two
Nov.
acquire
Co.;
Co.
&
3Vo%
Co.
Purpose,
155.050,000
August-
($300,000)
York.
principal
Dodge
bank
privately with
Co.,
W.
with
due
properties, etc.
Price, $106 per unit.
Under¬
by
Hemphill,
Noyes
&
Co.;
Shields
&
Co.;
Rauscher, Pierce & Co., Inc.; Arthurs, Lestrange & Co.;
Bacon, Whipple & Co.; Robert W. Baird & Co., Inc.;
Ball,
Burge & Kraus; Blunt Ellis & Simmons; Bosworth, Sullivan
mortgage
general
55,806,000
Total
notes
written
Purpose, to repay
Placed
New
shares
$75
to
first
138,288,000
Notes
Dife
of
Inc.; Kaiser & Co.; Kean, Taylor & Co.; Lawson,
Levy &i Williams; D. A. Lomasney & Co.; Mason-Hagan,
Inc.; McDonald & Co.; The Milwaukee Cq.; Mullaney, Wells
July—
Civil
3.20%
30-year
3%
Placed
of
100,000
Heller, Bruce & Co.; Hulme, Applegate & Humphrey,
Investment Corp. of Norfolk; Johnson, Lane, Space
Inc.;
1,031,773,500
and
Certificates
first
1984.
Auchincloss,
Co.;
Co.,
J. B.
Co.;
$
$
monthsT_ 33,360,700,000 32,328,926,500
privately
;
•
7,500,000 Producing Properties, Inc. 57*
Brothers; -City Securities Corp.; Clayton Securi¬
Coffin & Burr, Inc.; Julien Collins & Co.;
&
Garrett &
Inc.;
Net Issued
Retired
Corp.
Co.
a nee.
Co.;
Fauset, Steele & Co.; First of Iowa Corp.;
First
Securities Corp.; Foster & Marshall; Freeman & Co.; M. M.
financing
Issued
v..
&
Freeman
♦intra-government
Drexel &
Co., Inc.
&
Oil
ferred
Corp.
Allison-Williams Co.;
&
Corp.;
Dickson
months—121,131,867,153 102,837,314.000 13,294,553,153
Total, for 11
due T958-
OIL
Co.; Cunningham, Schmertz & Co., Inc.; Davis,
Skaggs & Co.; R. L. Day & Co.; Dick & Merle-Smith; R. S.
469,992,845
6,001,797,000
^
r
debentures
Placed
corporate
Purpose,
Placed
par.
expansion.
Corp.; Anderson & Strudwick; Arn¬
Bleichroeder, Inc.; C. S. Ashmun Co.; Aspden,
Stockton
Inc.; Byrd
notes.
Chas.
15,
accrued
Co.; Baker,
Inc.;
with
.
1974.
at
*$300,000 Barlu
Securities
S.
Robinson
Co.
Courts
Total
Stroud
and
construction.
&
Nov.
Co., Inc.;
91-day
Nov
to
&
3Va%
Co.
and
Co.
and
4
1
15,
Price,
.
Electric
&
new
Telephone
Nov 12
Nov 18
Power
due
101.8237c
fund
Sperry Rubber & Plastics Co. 4%
Nov.
UTILITIES
Gas
for
and
tures
Nov
1969,
yield
1,
Price,
v;r
bonds, series G, due Nov. 1,
loans
due
shorter
Placed privately with institutional investors
through Kuhn.
Purpose, to repay bank
loans and for new construction.
Price, at par. Placed pri¬
vately with 12 institutional investors, including Aetna Life
Insurance Co., through Kidder, Peabody & Co.
4,155,032,000
antic'n jtwtes.
general
ior
notes
into
privately
of America.
promissory
refunding
and
Loeb & Co.
125,000
mortgage bonds due Oct. 1, 1984,
1,500,490,000
4,155,032,000
U. S. Savings bonds
l
Oct
" V.
$55,010,000
1,500,256,000
1,500,490,000
Purpose,
1,000,000
1,500,139,000
91-day
3V2%
Corp.
1974.
according
by Salomon Bros. & Hutzler;
PUBLIC
469.410.375
7,501,552,000
7,970,962,375
Oct 14
Oct
2.72'/2%,
Union Securities Corp.,
notes
September...
Oct 21
4
to Dec.
semi-annually June 1, 1955
for new equipment.
to
Offered
Inc.;
McBec
equipment trust certificates,
Purpose,
1.30%
privately).
1,157,000
Co.
sinking
loans
to maturity; for 1955
to-T964 maturities (the 1965 to 1969 maturities were placed
1,500,201,000
1,501,773,000
47*
Placed
$185,807,524
due
inclusive.
from
Co.
conditions
,
*7,500,000 Royal
463,766,375
Depositary bonds..
Sept
O,
Paper
Co.;
4:5,010,000 Seaboard Air Line RR. 2%%
series
Prudential Insurance
3%%
100-year
certain
refunding.
Purpose, for expansion.
insurance companies.
:
Sweney
Talmage
Corp.
under
Purpose,
1972.
Stifel,
Co.;
American
&
subscribed.
for
Total
the
Chemical
(convertible
*3,000,000 Oxford
Scribner; F. S. Smithers & Co.; Stark¬
Nicolaus & Co., Inc.; Stokes & Co.;
Deane &
2,553,549,090
Scranton &
Hammill
Shearson,
weather &
2,079,976,000
Depositary bonds—
1
Inc.; Rarid & Co.;
Co.; The Robinson-
Hughes & Co.,
Reynolds' &
Gardner;
Inc.;
Inc.;
2,553,549,000
1,728,164,000
bonds
savings
3,733,710,006
_____
Mason,
2,079,976,000
...
&
Mathieson
2054
maturities).
Inc.; L. F. Rothschild & Co..; Schoellkopf,
Hutton & Pomeroy, Inc.; Schwabacher & Co.; Scott, Horner
&
bills
*126,000,000 Olin
Humphrey Co.,
1,500,751,000
Aug 15
August
Raffensperger,
Rcinhoidt
1.501,100.000
bills
Ctfs. of Indebt'ness
Aug 15
Aug
$
1,500,751,000
3,733.710,000
Ctfs.
Aug 15
Aug
Indebtednesi
$
1,500,639,000
1,500,754.000
Accepted
bills
Treas.
Treas.
Treas.
Treas.
Ctfs. of Indebt'ness
Aug 19
Aug
Refunding.
S
1,500.639,000
Security
Dated
Aug
Inc.;
Peters, Writer & Christensen, Inc.; B. W. Plzzini & Co.,
inc.; Wm. E. Pollock & Co., Inc.; Prescott, Wright, Snider
New
Total Amount
Type of
Monday, April 4, 1955
...
Bros.
Baq,k;
&
to
bonds,
1957-74,
Price, to
maturity. Of¬
Harris
Hutzler;
1,
etc.
Trust
Drexel
&
and
Co.;
Volume 181
Number 5417
The Commercial and Financial Chronicle
...
7
(1555)
——
Blair
&
Louis;
Co.;
R.
Co.
Incorporated;
Equitable
Hayden,
L.
Day
Mercantile
Securities
Miller
Corp.;
of
Co.
St.
Marks
M.
250,000
Triangle Uranium Corp. 5,000,000 shares of
&
(par
Co.; Malvern Hill & Co., Inc.;
Green, Ellis & Anderson; Central Re¬
&
Co.;
(Inc.); First Securities
public Co.
Trust
Laurence
&
Co.
of
Chicago;
F.
Brittain
for
and
Purpose,
for
Kennedy
stock
common
exploration
.
1
Petersburg-
290,000
Wells, Inc.; E. M. Newton
Co., and Freeman & Co.
&
(Alaska) electric and water revenue refunding
improvement bonds ($100,000 3s due from Oct. 1,
1957 to 1962, incl., and
$900,000 4V2s due Oct. 1, 1983).
Purpose, for improvements, etc.
/
Uranium Mines, Inc. 1,450,000 shares of
225,000
of
stocks of
computed at
stated
a
no
value
par
their
value
par
and
taken
are
all
classes
at
of
share. Offered by company to
public,
while
par,
pre¬
stock
common
250,000
(par
are
(par
offering prices.)
$1,850,618 Alabama
Gas
&
UTILITIES
Corp.
84,119
shares
$2).
Purpose, for construction
share/ Offered by company for
of
stock
common
Price,
program.a
subscription
100,000
Vestalee
,
per
•
-u..
Light
Co.
39,200
shares
of
'/
•y .<-
1*
cumulative
convertible
for:-new
pose,
Price,
$25.50
written
by
preferred
construction
share
per
stock
and
and
to
accrued
,
Pur-
bank
loans.
dividends.
Under¬
;V$7,
Dillon, Read & Co. Inc.;
Allison-Williams CO.;
A. C. Allyn & Co.,
Inc.; Blair & Co. Inc.; Boettcher & Co.;
Central
Repu" lie
Co. ./(Inc.);
Eastman./Dillon & Co.;
Hemphill,
Noyes
Lemon &
,
Co.;
Loewi
Lynch,
j,
4
Co.;
&
Co.;
Kidder,
&
Hutchinson
Co.;-Laurence
Pierce,
&
Peabody & Co.;
Fenner
<fc
M.
.Beane;
All
E.
Wood
-
sold.
<fc
Co.,
V'-:.
-
"
..
-
.
-f.
.
•
.
*
■
struction
($546,000).
Mutual', Inc.
*6,000,000 Central
and Mutual Life
Hudson
4.35%
Gas
cumulative
Purpose,
Placed
privately
-
Co.
•
stock, series D
($4,000,000) and for new
shares
..
.
of
.
'TV-;.
stock
$5).
(par
$23.T5
by
Central
per
common
Co.
Power
Purpose,
shares
11,143
for
construction
of
<
250,198 Lincoln Telephone &
stock
mon
Telegraph
$16.66%).
(par
Price, $26 per share.
by
6,763,070 National
(no
.
Fuel
par).
Gas
and
holders,
shares
bank
of
in
subscription
by
'l
•'■"n
stock
Co.
1,000
Purpose,
loans.
Price, at par,
Offered by
scription
by
preferred
stockholders.
Zilka, Smither & Co., Inc.
company
(par
bank
stock
Hopewell
(par
$10).
$11.75
per
share
ferred
new
shares
13,750
for
Purpose,
to
Gas
stockholders;
Co.
(par $1).
673,750
Co.
of
construction.
$12.75
to
5%
See
column
under
114,000
shares
"Long-T.-rm
this
of
of
Bonds
and
for
for
and
Telephone
Offered
par.
holders,
shares
2,650
of
for
company
subscription
*5,000,000
;
$500,000 Arco
50
Inc.
cents).
and
1,000,000
Purpose,
to
shares
stock
300,000
working capital.
Price,
Peters, Writer & Christensen, Inc.
299,500 Arkansas
mon
and
Natural
stock
(par
working
Eaton
&
Resources
cent).
one
stock
Price,
a
"as
drilling
Offered by
par.
speculation."
a
299,500 shares
$1
public
-
"as
and
♦297,500
.2,396,860 Barium Steel Corp.
$1).
Purpose,
advances
by
to
to
without
599,215
subsidiaries.
for
company
shares
bank
repay
Price,
subscription
Oversubscribed. ' Underwritten
300,000 Central
stock
Uranium
(par one
price-of
Otis,
cent).
Price,
Inc.,
$4
by
by
expansion
and
50
and Jay
Kaufmann
by Gearhart-
Co.
&
acquisitions.
Price,
Alstyne, Noel <fc
$2.50
„
300,000 Crescent
stock
Uranium
Co.
share.
per
Underwritten
Mines,
Inc.
2,000,000
of
common
(par
one
cent).
Purpose, for exploration and
of properties.
Price, 15 cents per share.
Tellier & Co. "as a speculation."
by
de¬
200,000 Great
Chief
stock
(par
costs
and
Havenor-Cayias,
250,000 Gunsite
stock
Butte
(par
mon
Lead
stock
erties,
$1.25
share.
Purpose,
Price,
<
at
and
de¬
Offered
par.
at
for
par.
shares
of
exploration
Offered by
capital
and
Malvin
de¬
G.
'
$1).
development,
per
common
Corp.
200,000
shares
of
PurpoSCy?4or acquisition of
other corporate purposes.
Offered
by
company
to
public,
com¬
prop¬
Price,
without
underwriting.
(par
10
penses
Jackson
Uranium
cents).
and
&
Corp.
working
Co.,
2,950,000
Purpose,
Inc.
for
per
&
Co.
*
Kilburg
Price,
in
at
with
and
of
shares
of
acquisitions,
capital.
Price, at
"as a speculation."
par.
cepital
stock
drilling
Offered
by
and
Oil
Offered by company ff^r CSUbscrip-
Options
exercised in full during 1954.
shares
share.
per
Inc.
Purpose,
Corp.-
capi¬
V.
to
V.
of
&
shares
of
company'~fcij: subscription
underwriting.
\
&
Inc.
Industries,
cents).
106,000
Purpose,
written
Inc.
Purpose,
Kilpatrick,
shares)
and
to
public
by Johnson, Lane, Spac®
Jr.,
and Clement
A.
Evana
by White, Weld & Co.
Insurance Co. 2,500 shares of capital
for working capital.
Price, at
Purpose,
Offered by company for subscription by stockholders,
without underwriting.
par.
Independent Reinsurance Co. 250,000 shares of
(par $1).
Purpose, for working capital, etc.
share. Offered by Goodbody & Co. to resi¬
of Florida only on a "best efforts" basis.
1,000,000 American
stock
common
$4
dents
300,000
per
American Mercury Insurance Co. 150,000 shares of capital
stock
(par
Offered
by
Unsubscribed
working capital, etc.
Price,
company for subscription
by
shares
(1,134)
underwritten
Co. and Hettleman & Co.
by Johnston, Lemon &
220,000
for
Purpose,
$1).
share.
per
stockholders.
International Airlines (Aerovias Srd Americana, Inc.)
22,000 shares of 7% cumulative convertible preferred stock
(par $10).
Purpose, to purchase equipment and for work¬
ing capital. Price, at par. Underwritten by Beil & Hough,
ASA
Inc.
Stores, Inc. 200,000 shares of 5% pre¬
$25).
Purpose, refunding ($2,165,000)
($2.835',000).
Placed privately with insti¬
investors through Blyth & Co., Inc.
*5,000,000 Broadway-Hale
and
stock
(par
expansion
tutional
150,000
Central Airlines, Inc. 150,000 shares of common stock (par
cents). Purpose, to purchase equipment, etc. Price, $1
25
a
share. Offered by company for subscription by stock¬
without underwriting.
Oversubscribed.
per
holders,
Freiglitways, Inc. 100,000 shares of common
(par $5).
Purpose, for new equipment and to pre¬
equipment obligations. Price, $16.25 per share. Un¬
derwritten by Blyth & Co,, Inc.; Walston & Co.; Davis,
Skaggs & Co.; Hill Richards & Co.; Mason Brothers; J. A.
Hoglc & Co.; Irving Lundborg & Co.; Wegener & Daly
Corp.; Revel Miller & Cd.; Wilson, Johnson & Higglns;
Zilka, Smither, & Co., Inc.; Fewel & Co.; Hess & McFaul,
1,625,000 Consolidated
stock
pay
stock
Price, at par.
stockholders,
^
.
cumulative
William
and
50,000
of
$'6
stock
common
capital
Brothers
per
and
and
share.
Clark,
shares
60,000
of
and
for
Underwritten
share.
Brothers.
stock
common
for
Placed
■C
Direkt-Form
cents).
share.
J.
Collins
&
Co.
Corp. 50,000 shares of common stock (par.
Purpose, for working capital.
Price, $1 per
Offered by 20th Century Pioneer Securities Co.
tive
48,000
Dodge
working
by
capital.
Bear,
for
Purpose,
Underwritten
Commercial Corp. 4,800 shares of 7% cumula¬
preferred stock (par $10). Purpose, for working capi¬
etc.
Mid-State
Stearns
Inc.;
Wyatt,
Clement
A.
&
Co.,
Oversubscribed.
by
Evans
Blackstock
&
Co.,
&
Inc.,
Co.;
J.
W.
Tindall
&
Norris & Hirshberg. Inc.;
and Alester G. Furman
Electric, Inc. 100,000 shares of 4.3% cumulative
preferred stock (par $50). Purpose, for work¬
capital.
Price, at par.
Underwritten by Harriman
Ripley & Co., Inc.; The First Boston Corp.; Goldman,
& Co.; White, Weld & Co.;
Hornblower & Weeks;
W. E. Hutton & Co.; Alex. Brown & Sons; Bache & Co.;
Reynolds & Co.; Robert W. Baird & Co., Inc.; Stroud &
ing
Sachs
Inc.; Blair &
Parker
&
Auchincloss,
Securities Corp.;
&
subscribed.
Co.,
and
&
Fairman,
Eichler & Co.; Crowell,
Harris
&
Co.,
Inc.
Over¬
Co.
The
Underwritten
Inc.;
Illinois
A.
G.
Co.;
(Continued
Co. Inc.; Shuman, Agnew & Co.;
Redpath;
Butcher <fc
Sherrerd;
Bateman,
Frazee, Olifiera
sold.
by Kidder, Peabody & Co.;
Becker & Co. Inc.; Estabrook £s
Paine, Webber, Jackson & Curtis;
Alex.
Brown
& Sons;
McDonald & Co.; Wagenseller Cs
Durst, Inc.; Blunt Ellis & Simmons* Shelby Cullom Dav.'j
&
Co.; Barrett Herrick & Co., Inc.; Joseph Mellen Cs
Miller, Inc.; A. M. Kidder & Co.; LeSter, Ryons & Co.;
Irving Lundborg & Co.; McCormick & Co.; Piper, Jaffra/
&
Hopwood; Rauscher, Pierce & Co. Inc.; Reinholdt Cs
Gardner; Scott, Horner & Mason, Inc.; Walston' & Co.;
Crowell, Weedon & Co.; Rouse, Brewer & Becker; WilsojJ.
Johnson & Higglns; Baumgartner, Downing & Co.; Bing¬
ham, Waiter & Hurry, Inc.; Harold C. Brown <fc Co. Inc.;
Richard W. Clarke & Co.; Davis, Skaggs & Co.; Hooker lie
Fay, and Loewi & Co.
Co.;
Oversubscribed.
Inc.
5,000,000 Tung-Sol
Underwritten by
Price, at par.
All
stockholders.
Blair
(par $1).
capital.
Price,
$4.50
per
share.
Courts & Co.; Varnedoe, Chisholm &
Neal & Waggoner;
Co.
4,160,000 Peerless Casualty Co.
170,000 shares of common, stock
(par $5).
Purpose, for working capital.
Price, S26 pe*
share.
Offered by company for subscription by common
working
Hancock,
Co.,
$1),
Price,
(par
168,750 Trade Winds Co. 37,500 shares of common stock
Weedon
J.
A.
MISCELLANEOUS
stock
common
5'/2%
of
working
Price,
Lehman
expansion,
for
per
Lehman
Stetson
stockholders
(546,000
Underwritten
$25 ,000 American Buyers
stock (par $10).
Co.
Co.,
(par
Co., Inc. /
ferred
Jacomini,
by
shares
for
purposes.
through
690,000 Fancllit,
and
1
ETC.
shares of common stock
tal,
corporate
privately
$11.50
5,333
and
10
general
&
TRADING, HOLDING,
shares).
Inc.;
Co.,
10
(par
TRUSTS,
$13,098 ,585
Underwritten by Hudson White & Co.
par.
Price, $3 per share.» Under¬
and Milton D. Blauner &
Inc.
9,675,000 Templcton Growth Fund of Canada, Ltd. 450,000 shares of
common
stock (par $1—Canadian).
Purpose, foe investments.
Price, $21.50 per share (U. S. currency).
Under¬
stock, 's^gies A (par $10).
Purpose, refunding
expansion and equipment ($268,000). Price,
($32,000)
(par
Purpose, for
(210,000
&
Offered by_S. D. Fuller & Co.
shares
Goilf-Atlantic,
by
Banking
cumulative
for expansion and working capi¬
30,000
stock
Banking Co.- and $4.50 to public. Offered by company
connection with exchange offer to Georgia Railroad &
in
cumulative
common
Purpose, for working capital, etc.
Co.
common
3,183,600 First Railroad & Banking Co. of Georgia 756,000 shares of
common stock (par $1).
Purpose, for working capital, otc.
Price, $4.10 per share to stockholders of Georgia Railroad
Completed.
by
Electric
shares of
working capital. Price, $45 per share.
Offered by company for subscription by common stock¬
holders, without underwriting.
stock
common
60-cent
shares
100,465
74,280
Thermal Corp.
$25).
investment basis.
an
149,500
Inc.
and working capital.
INVESTMENT
$1).
(par
60-cent
of
Sold
stock
preferred
Co. 300,000 shares of class A stock (par
Purpose, to pay obligations, for new construction and
written
&
and
participating
stock
(par
10
exploration and development costs,
for
(James)
of
shares
1
-
purchase of properties.
Marine
barges
Southwestern
by
of
speculation."
35,000
ETC.
shares of 8%
25,000
for
Co., Inc.
and
par
Bros.
for working
and
shares
BUILDINGS,
Inc.
/'7::.
$1).
on
v-age
8)
\
•
ex¬
common
Bonds
SHIPPING
part,
institutional
stock
common
etc.,
Underwritten
a
$2 per share.
preferred
at
Inc.
cumulative
finance,
to
and
participating
stock
(par
10
exploration and development costs,
share.
Offered
by Fridley & Hess
preferred
Price,
300,000 Kuhlman
;
4'/2%
of
Salomon
600,000
"as
Corp.
Plastics,
Company,
295,000 Richland
of
Co. 56,000 shares of common
Purpose, for general corporate purposes.
Purpose,
Motels,
$99,280
convertible
and
*
shares
Inc.;
Co.
57,310
for
$8.50
Co.;
Uranium
&
of
exploration
Price,
Corp. 25,000,000
cent).
(par
for
Purpose,
expansion.
Uranium
one
shares
20,000,000
Inc.
velopment expenses.
Flegal & Co.
250,000 Leadville
Co.
cent).
one
velopment
by
Uranium
Of¬
1,000,000
Purpose, to buy properties. Price, at par; ; Offered by
to public, without underwriting.
i
$900,000 Tampa
&
shares
velopment
fered
iby
■
All subscribed for.
Corp.
Purpose,
Price,
*635,000 Litton
Oversubscribed.
per
preferred
company
(par
&
privately
&
share.
basi$.
$10
Sulphur
(par $1).
-
development
Dairies,
shares
Inc.
preferred
Price,
without
purchase
on
Offered
and
$2.50
Price, at
Offered by company to public, without underwriting.
$1).
$1).
$2
Purpose,
Offered
common
1,250,000 Continental Uranium, Inc. 500,000 shares of common stock
(par 10 cents).
Purpose, for exploratory costs anl possible
Van
100,465
Offered
stockholders.
Purpose, for payment
for exploration and
W.
tal.
Higginson Corp.
cents-per share.
Consolidated
employees.
74,280 Arizona
expansion.
Goodbody &
Co., Inc.; Kay,
Frazer, Phelps & Co.,
shares
partner of Tehuantepec Co. on
for
for
Purpose, for working capital, etc.
Price,
share. Offered by Graham, Ross & Co. on a
per
299,000 Holiday
(par
Co.,
York
Purpose,
bank loans,
per
(par 25 cents).
and
share.
per
common
Lee
$5
Crockett
etc.
„
stock
common
for
Milling Co. 600,000 shares of
property,
expenses.
&
&
of
loan,
com¬
drilling
exploratory
this artiele.
Inc.
$40.85. per share.
par.
.
cents).
cents).
underwriting.
Properties,
LAND,
Co.
Sulphur
Gulf
50,000
Placed
60,000
repay
convertible
speculation."
speculation,"
a
2
&
W.
$100).
Allen
Products,
cents
etc.
50,000 Baldwin-Woodruff Corp. 50,000 shares of class A common
stock (par $1).
Purpose,
to retire loans, etc., and for
working capital.
Price, at par.
Offered by company to
,
for
100,000 shares of 6%
Inc.
(par $10).
tion by
Price,
Price,
Glamur
cents).
drilling expenses
share.
Offered
by
per
Bear,
See under "Long-Term Bonds and Notes"
(par $25).
(par
.
to
:
Inc.
American
Corp.
com¬
of
stock
common
Oversubscribed.
(par
through
convertible
for
Purpose,
capital.
of
Lane
C.
dividends.
Frigikar
573,100 Gulf
for
of
Fahenstock & Co.;
Dairies,
tal.
stock
common
and
at
"as
Corp.
Inc.
Co.,
of
stock (par
common
bank loans and
Underwritten by
Warren
& Co.
Purpose,
stock¬
120,000 shares
Co.;
Co.;
"best-efforts"
loans
by
'
Price,
approximately
by Gearhart & Otis, Inc.
$25,000 Arizona Motels,
stock
buy
repay
George
&
&
"Hutzler.
ETC.
repay
capital
Jenks, Kirkland & Grubbs; Smith,
Inc.; Barrett & Company;. Hincks Bros.
Co.,
Hodgdon
(par
Uranium,
(par
expenses
of
Co.;
Inc.;
Hirsch
Securities
COPPER,
to
to
Foremost
50
COAL,
&
Co.,
acquisition
underwriting.
STEEL,
.Underwritten
$13,314,360
&
per
share.
Ira
Haupt &
I. duPont & Co.; Reynolds & Co.; Shearson,
Co.; Cruttenden & Co.; Laird, Bissell & Meeds;
Atherton & Co.; Clayton Securities Corp.; The
Griggs
accrued
,
IRON,
Marks
M.
&
investors
300,000
$18,675,095
Purpose,
preferred
Kidder,
by
shares
$7.50
Richards
a
Offered
common
Walston
Francis
Co.;
stockholders.
by
Co.;
working
Purpose,
F.
&
stock
Jackson & Curtis.
Webber,
Co.
share.
per
common
underwritten
Co.;
Mosle
represented by American voting
Purpose,
preceding column of
a
$239,985 Allied
40,000
Beverage Corp.
Ramsay
Inc.
for add.dons and improvements. Price,
by
without
$22
by
(3,544)
Paine,
(par $25). Purpose,
at
Cott
and
Price,
subscription
shares
Peabody & Co.
66,250 Woodbury
cents).
R.
article,
construction.
new
company
Unsub cribed
Corp.
Schirmer,
Of-
in
&
,
share.
per
Price,
,
stock
common
Clearfield Plastics, Inc. 75,000 shares of
Hammill
Price,
Notes"
and
&
(no par).
capital and to build plant. Price,
$6.25 per share. Offered by Stein Bros. &
Boyce on a "bestefforts" basis.
Price,
stock¬
common
Cole
"
..
(par $1)1
($83,600) and for working capital ($46,?
$6.50 per share. Underwritten by Estabrook &
for
$1.50).
by
Upper Peninsula Power Co. 30,625 shares of common stock
(par $9).
Purpose,
to increase investment
in
affiliate
by
900,000
.
sub¬
public.
Staats
equipment and for working
capital. Price, $2 per share. Offered by P. J. Gruber &
& Co., Inc. "as a speculation."
common
company
for subscription by common
Underwritten by Scott, Horner & Mason,
preceding
u
Gas
by
holders.
150,000
retire
for
William R.
Oversubscribed.
Chcmecon
Co.;
&
570,000 Shenandoah
to
Underwritten
Neb.;
Lincoln,
Beecroft,
speculation."
a
stock
com-
Co.; Paine, Webber, Jackson & Curtis; Peltason, Tenenbaum Co.; Shearson, Hammill <fe Co.;
Shuman, Agnew &
Co;;; Stein Bros. & Boyce; Sutro & Co. and Union Securities
Corp,
per
of
to
Curtis;
-'-bodyCo.; Hornblower & Weeks; Laurence
250,000
stock¬
shares
$100).
161,563 Petersburg
u..-'/*
10
Telephone
of
curities Corp.; Ball, Burge & Kraus; J. Barth &
Co.; Bear,
/-V-Stearns & Co.; Blyth & Co., Inc.; Burnham & Co.; Good-
"
underwriting.
preferred
shares
y & Co. and DeHavep & Townsend, Crouter & Bodine. Over;
el./ subscribed.
stock
$17.75
v,
-
Inc. .50,000
and
investment
of
expenses.
Offered
2,287,600 Universal
refunding
Purpose,
advances
Price,
Jackson &
400). Price,
|
com-
capital
and
loans.
for
company
100,000 Oregon-Washington
cumulative
381,018
investments
repay
by
without
of
*'t
Waters,
Co.
stock, (par 10 cents).
See under "Long-Term
'.Notes" in a preceding column of this article.
(par
3,300,000 Beckman Instruments, Inc. 150,000 shares of common stock
(-par -.$1), Purpose, to repay bank loans, for expansion and
for working capital. Price, $22 per share. Underwritten
by
Lehman Brothers; A. C. Allyn & Co., Inc.; American Se¬
for working capital.
by company for subscription
without underwriting.
for
to
share. ..Offered
shares
Puritas
&
'
■
-
,,
(par one cent),
600,000 Producing
for expansion. Placed
investors through A. C. Allyn
/'
Trust
Co.,
$2.50
"as
Co.
certificates.
-share.
-
«
Purpose,
Co.
Purpose,
subsidiaries
9,623
Price,
&
development
'
Purpose,
Baldwin-Hill-Co. 20,000 shares of
Offered
stockholders,
common
Co.
..
Price,
program.
&
Oversubscribed.
trust
in
.
common
share.;; Offered by company for subscription
stockholders,
without
underwriting.
Over-
Sullivan
stock
mon
„
MANUFACTURING
institution
for
pre¬
1,875,000 Israel-Mediterranean Petroleum, Inc. 750,000 shares of
cent)*/
(par one
Purpose,
by
/
cumulative-first
6%
Inc.;
Stearns
10.
■
subscribed.
,
.
Zy'
.
264,646 Colorado
Inc.-
Purpose,
construction
Price, at par^. Sold to 11 institutional in¬
including
the rNe'w
York
Life
Insurance
Co."'
Kidder^ Peabody & Co. /;/; /
through
of
(par
to sub¬
$9.70 in
Co.;
& Co.
..•'•& Co.; Bateman, Eichler & Co.; Crowell, Weedon & Co.;
Lester, Ryons & Co. and Wesley Hall & Co. Oversubscribed.
.
;
($2,000,000).
vestors,
•;.
130,000
$100}.
(par
shares
stock
stock
common
AND
(par;$100).
with
:"^inon stock
/■
ber,
Investors
60,000
preferred
refunding
250,000
$100).
(par
of
or
.
Insurance, Co. of New York.
Electric
&
with
Inc.
$1), Purpose*-forworking, capital and to
v-'//t*.;'- .'If retire bank -loans. Price, $6: per Share. Underwritten by
;
'Blyth & Co., Inc.; First California Company; Paine, Web¬
*995,000 Black Hills Power & Light Go. 9,950 shares of 4.75%
J
cumulative preferred stock
(par $100). Purpose, refunding
'($449,000)
and to repay bank loans and for new conr
privately
300,000 Arrowhead
;*.
If
'
*
Co.,
participating preferred
shares
funds
for subscription
1,875,000 Israel-American Oil Corp. 750,000 shares of common stock
(par 10 cents). Purpose, for development and exploration
Marietta Co. 30,000 shares of 5% cumulative pre-
Stock
Co.
-Co!
&
American
1-
Co.; Merrill
Milwaukee
CO.;
Woodard-Elwood
and
Exploration
INDUSTRIAL
.'.///>*/, ferred
Piper, Jaffray & Hopwood; Riter & Co.; L. F. Rothschild
& Co.;
William R. Staats & Co.; >G. H.» Walker & Co?;
JHarold
stock
stock
&
The
of
by
Co.
&
and
S.
Eugene C. Dinsmore; Boettcher & Co.; Don A.
Chapin Co.; Security Associates, Inc., and Chas. B. White
and
Offered
14,899
2,500,000 Producing Properties,
OTHER
Kirkpatrick-Pettis
Marks
shares
drilling
par.
U.
at par and accrued dividends.
&
556 360
'♦$3 000, 000
Co.;. Johnston,
•
for
Price, .at
in
Chiles-Schutz Co.; Piper, Jaffray & Hopwood; Rotan,
Purpose, for> acquisitions and development costs. Price, 10
-cents per share. 'Offered only to residents of New Mexico
by company, without underwriting, as a speculation. t
4.56-%
$25)."
(par
repay
10,000,000
Purpose,
etc.
cents) and 250,000 shares of
•
&
Mining
3/cumulative
.
Power
Corp.
cent).
one
equipment,
for advances
Purpose,
share
per
Offered
by company
without underwriting.
Co.
program.
& Co.; Sterne, Agee & Leach, and Stubbs, Smith
& Lombardo, Inc.
..
i
Hills
Thorium
&
(par
and
Doxey Investment
-50,000 Victory
(Berney)
'
stock
exploration
common
stockholders. Oversubscribed.
Underwritten
by Allen 1&
fCo.; Courts & Co.; Odess, Martin & Herzberg, Inc.; Perry
980,000 Black
Uranium
common
(par
$22
by
per
Bosworth,
Purpose, for exploration and development
Price, five cents per share. Offered by J. E. Call
"as a speculation."
Co.
for
$3
drilling expenses, etc. Price,
Underwritten by The First
expenses.
PUBLIC
Oil
ferred
$10
funds.
stockholders,
1,489,900 Husky
stock
common
Price,
Canadian
cent).
one
Corp. on a
cents—Canadian).
10
sidiary.
without underwriting.
Utah Premier Mining Co. 5,000,000 shares of
shares of
exploration
share. Of¬
"best efforts basis."
1,000.000
Purpose,
Price,
OIL
Uranium Oxide Producers, Inc. 4,500,000 shares of common
stock (par one dent).
Purpose,,for exploration and develop¬
ment expenses and working
capital. Price, five cents per
STOCKS
stocks
ferred
America
of
cents).
expenditures.
$2,686,860 Canadian Delhi Petroleum Ltd. 268,686 shares of capital stock
(par
for acquisition, exploration and devel¬
opment costs. Price, 20 cents per share. Offered by Hunter
Securities Corp.
Sold to Foster & Marshall.
Corp.
(par-50
capital
$24,694,815
five cents). Purpose,
$7,500,000
(Preferred
stock
common
-and
fered by Hunter Securities
and
000
costs
Sulphur
stock
common
share.
per
300,000 Triassic Uranium, Inc. 30,000,000 shares of common stock
(par one cent). Purpose, lor exploration and development
expenses, etc. Price, at par. Offered by Glen E. Hendershot.
&
&
1,000,
3,000,000 Venezuelan
acquis!?
and
working capital.
Price, .five cents
Offered by Weber Investment Co.
' '
Andrews
Co.;
cent).
one
tion
Represents
issues
placed
f Indicates
issues
t Indicates
special offering.
privately,
sold competitively,
/
'
*1
i
8
The Commercial and Financial Chronicle...
(1556)
Co.,
stock
preferred
convertible
Becker
&
Butcher
Sherrerd;
Sunstein
Hornblower
Inc.;
Clark Ac
Ac
Jannr/
im¬
A.
G.
Co.;
Newburger
Co.;
Ac
Co.;
Parrish & Co.; PeningStein Bros. Ac
Jackson Ac Curtis;
Webber,
Paine,
Hallowell,
Co.;
Ac
Weeks;
&
for
Co.;
Dixon Ac Co.;
Townsend, Crouter Ac Bodine;
Gerstlev,
&
Boenning Ac Co.;
DeHaven Ac
Drexel Ac Co.;
Sulzberger Ac Co.;
Co.,
&
W.
E.
Purpose,
Noyes
Coiket and Co.; SmiJi, Barney Ac Co.;
ton,
Dulles
Co.,
Ac
Biddle
Yarnall,
and
Co.
&
Co.
Pioneer Finance
stock
ferred
Price,
and
at
(par
Over¬
Wells & Co.
Mullaney,
Lerchen Ac
Watling,
Completed.
by
Staats
Starkweather
Co.;
&
Brothers
Stern
Boyce;
Fox;
&
10,260,000
Co.,
238,000
working
by
Inc.;
At
by
share
per
of
Sterne,
by
-■■
299(987
Mgorclli
Canada,
of
$2)
(par
and
in units of
$1)
one
for
750,000
development
per
unit
U. S.
<
Ltd.
shares of
96,770
.v
and ^exploration
expenses.
^Price,
of
Fire
Indemnity
&
,
1,
stock
(par five cents).
Reynolds
by
Smith,
Hague,
Moore,
1,350,000
j
65,000
Ac
6c
Baldwin-Hill Co.
$6.50
Dehaven
296,400
'
Ac
of
common
by
-
*41,250 Beauty
Richter
178,106
Francis I.
Hammill
&
duPont
&
Co.;
Co.;
Warren
Fahnestock
Drewry's Ltd. U.
$1).
?
W.
6c
S.
Price,
Price,
by
150,000
II
Blyth
Edison
Boston
Price,
Ac
101%
Hammill
Co.
of
first
3%
principal
••
mortgage
bonds
Offered
due
by
York & Co.,
Co.;
$1.80).
First
$39.25
Price,
Underwritten
Boston
$20.12'/2
Ball,
Co.;
1984.
,
Vi
(no
(par
Offered
common
per
share.
per
$ 15.37Vi
&
Hurry,
Ellis Ac Simmons;
Co.
Inc.;
Bros.
Byllesby
Baker,
Weeks
Ac
Co.,
Inc.;
&
Robert
C.
Denton,
&
Co.
Buell
Inc.;
(Inc.);
Ac
Co.;
Butcher
Dooltttle
duPont
&
Boettcher and
Ac
Co.
30,161
$7.50
per
&
Friedrichs
Co.;
The
and
Co.;
E.
F. Hutton
& Meeds;
C.
Legg
Co.;
Lehman
Co.
Lester,
S.
Ryoris
&
Co.;
R. Livingstone, Crouse &
Co.; Carl M. Loeb, Rhoades
Co.; Irving Lundborg & Co.; Laurence M. Marks 6c Co.'
Mason-Hagan, Inc.; A. E. Masten 6c Co.; McCormick &
&
Co.; McDonald & Co.; McDonnell &
Co.; McJunkin, Patton.
& Co.; McKelvy &
Co.; McLeod, Young, Weir Inc.; Mead,
Miller 6c Co.; Merrill Lynch,
Pierce, Fenner & Beane:
Merrill,
Turben
&
Co.;
The
Milwaukee
Co.; Mitchum
Templeton; Moore, Leonard & Lvnch; F S MoseCo.; Mullaney, Wells & Co.; Nesbitt, Thomson &
Co., Inc.; W. H. Newbold's Son & Co.;
Newhard, Cook &
Co.; E. M. Newton & Co.; The Ohio
Co.; Pacific Northwest
Co.; Paine, Webber, Jackson«&
Curtis; Pennington, Coiket
Jones &
ley &
iv_ pe5: Ja"ray & Hopwood; W. C. Pitfield & Co.,
Inc.; Prescott shepard & Co., Inc.; R. w.
Pressprich &
Co., Putnam & Co.; Quail Sc Co.; Raff
Asperger, Hughes
r
Co.
&
share.
per
Ferris
At
Harris Ac
Co.; Glore,
Hallgarten Ac
Co.;
shares of common stock
Offered by Lee'Higgin■'
PoUak.'X<K ,6.000
Price, $31.25 per share.
Completed.
share.
182,984 shares of common stock. -Price,
Underwritten by Bacon, Whipple At Co.;
At Co.; Baxter, Williams At Co.; Blair
.
J
•
(par $2).
Simonds
W.
Don
per
Miller
Bros.
&
Ac
Co.;
Co.;
S.
Crouse Ac Co.;
Noble At Co., and
R. Livingstone,
Smith,
Hague,
At Boyce.
capital
by
•
Offered
by
Merrill
(no
♦ Indicates
shares
$89.50
of
class
share.
per
Co.
Price, $22.50
&
Co.;
&
B
202,320
by
Blyth
shares
&
General
D.
B.
Corp.
Bonbright 6c
Co.;
Investment News
(Continued from page 2)
Bessemer
Doolittle
1y.
oper.
iy.
oper.
Net
sret
privately
by
shares of
<
common
stock
issue
o
„
Co.; Roe 6c Co., and Texas National Corp.
berger & Co.; Hornblower & Weeks; Janney 6c Co.; Newburger 6c Co.; Paine, Webber, Jackson & Curtis; Parrish &
Co.; Penington, Colkat and Co.; Smith, Barney & Co.;
Stein
Bros.
Yeatman
&
Co.,
Co.
347,200
&
Boyce; Stroud & Company, Inc.; Supleie,
Co., Inc.; White, Weld & Co.; Woodcock, Hess
At
Inc.;
Wurts,
Dulles &
Co.,
and
*$120,834
,r: *18,151
*$202,066
222,730
*$22*3,644
Yarnall,
*22,515
has received Federal-Power
shares
March
on
3,166
of
$1
18.
par
value
Issue Stock—
Commission authorization
stock, it was an-
common
stock
share
wiil
from
roceeds
be
^
offered
te
?
present common
the basis of one- share; Jor each -23
on
the
sale;
Boston & Maine RR.—February
Biddle
6c
Earns. Up Sharply—
1955—Month—1954
1955—2 Mos.—1954
Operating revenues
$6,261,437 $6,448,954 $12,993,107 $13,076,793
Operating expenses
5,187,358
5,586,895
10,625,321
11,721,133
"axes
f
470,008
486,746
985,429
978,856
tquipment rents (Dr)__
430,510
446,175
884,002
887,431
(oint facility rents (Dr)
31,411
28,810
65,198
;
67,211
Period End. Feb
28—
___
.
Net ry. oper.
Other income
$142,150
$433,157
*$577,838
51,031
482,867
112,634
$513,168
*$48,641
$916,024
295,801
279,420
618,155
579,090
$217,367
income
Gross
*$99,672
371,018
Income-
*$328,061
$297,869
*$1,044,294
_
*$465,204
Total deductions (rentals,
interest,
etc.)
Inc. -after
fixed
chgs.
•Deficit.—V. 181, p. 1307.
Oversubscribed.
Penton
Publishing Co, 24,800 shares of common stock
Price, $14 per share. Offered by Fulton, Reid
(par $5).
& Co.,
and
Merrill, Turben At Co.
Completed.
capital
stock
share.
Underwritten
(par
10
Amott, Baker 6c Co.,
& Sherrerd;
brook, Inc.;
B.
C.
Geo.
Philippine pesos).
Price, $5.60 per
Carl M. Loeb, Rhoades ,6cJ Co.;
J. C. Bradford & Co.; Butcher
Marks
&
Christopher & Co.;
Eustis
Inc.;
&
Co.;
Coburn
Glidden,
6c
Co.;
Mead, Miller &
Co.;
New
York
Han-
seatic
Corp.; W. C. Pitfield & Co., Inc.; Prescott, Shepard
Co., Inc.; Saunders, Stiver At Co.; Schweickhardt, At
Co., and Straus, Blosser At McDowell.
Oversubscribed.
General
Electric
"Corp.,
Hutzler.
Bear,
Feb.
C&p.—Files
With SEC
15
20,000
per
shares
of
share.
Offered
176,553 shares of
per
share.
Stearns
Oversubscribed.
filed a registration statement with the SEC on
1955, covering 202,547 shares of cumulative preferred stock,
be offered for subscription by ccommon stockholders at
the rate
of one preferred share for each six common
shares held.
The dividend iate and record date, subscription price and underwrit¬
The
At
Offered
Co.,
and
common
stock
by Union
Salomon
common
by
(no
SecuriBros.
At
company
March 28,
$50
par,
to
ing terms are to be supplied by amendment. Blyth & Co..
blower & Weeks, and Stone Ac Webster Securities Corp.
Inc., Horn¬
are
named
the
principal underwriters.
The net proceeds of the financing are to be applied to the retire¬
ment of all of the company's outstanding long-term debt, consisting
of
$4,666,000 of 3%%
serial debentures. $84,000 face amount of
2Vz% notes, :&d a 4% mortgage on the company's Indianapolis plant
as
Co.
stock
(par $7.50).
Price, $21.50
Blyth At Co., Inc. Completed.
12,314,572 Republic Steel Corp.
par).
Price, $69.75
on
1,200,000 shares
Bridgeport Brass Co.—Registers With SEC—
Middle-
Morris- &
At
430,000 Portland
corporation
covering
by
Sulzberger & Co.; Hardy & Co.; Ingalls &
Johnston, Lemon & Co.; Long & Meaney; Carl
Co.,
Exploration
filed a letter of notification with the
of common stock to be offered at par
25 cents per share). The net proceeds are te be used to pay expenses
ncident to mining operations.
Inc.;
Hallowell,
Snyder;
Bozeman Uranium
The
SEC
1,737,596 Philippine Long Distance Telephone Co. 310,285 shares of
ties
*$255,807
opers.
181, p. 1074.
(par
Noyes & Co.; A. G. Becker & Co. Inc.; Blair & Co., Inc.;
Boenning 6c Co.; Butcher & Sherrerd; E. W. Clark & Co.;
DeHaven & Townsend, Crouter & Bodine; Dixon & Co.;
Drexel & Co.; Gerstley, Sunstein &
Co.; Hallowell. Sul?,
$2,395,447
2,619,091
stockholders at $26
shares now held. Net
estimated-.,at-Vfl?p*®*i»ately- $265,000 will be
pplied tat construction expenditures^—V. 180, p. 2290;
'The
oer
Price,
3,150,000 Penn Fruit Co., Inc. 100,000 shares of common stock
(par
$5).
Price, $31.50 per share. Underwritten by Hemphill,
-
ry.
10,950
lounced
'
>
•
$18 per .share.
Offered oply to residents of
by Dewar, Robertson & Pancoast; Dittmar & Coi;
Rauscher, Pierce & Co.; Russ & Co., Inc.; Creston H.
Funk & Co.; Austin, Hart Sc Parvin;
Lentz, Newton 6c Co.;
M. E. Allison 8c
Co., Inc.; Muir Investment Corp.; Pitman
•
$1,993,672
2,195,738
inc
oper.
This company
"
Troster,
-
Oversubscribed.
117,696
$1,149,276
1,270,110
Black Hills Power & Light Co.—To
1
stock
common
fr.
rev.
ry.
•Deficit.—V.
r
-
Completed.
Brothers.
$874,079
1,129,886
expenses
noncumulatiVe
of
1955—2 Mos.—1954
1955—Month—1954
revenue__
Completed.
Placed
shares
RK.—Earnings—
Lake Erie
&
Period End. Feb. 28—
71*000
Corporation and
of
share.
per
George
Co.
offering.
stock
common
Offered
Western Ry. 30,000 shares of 4%
Brewing
placed privately.
competitively.
Issues
special
Lynch,
TCJcis
&
Represents
t Indicates issues sold
stock
common
U14,027,680
stock
Completed.
2,000
Price,
and Lehnmn
$1).
Co;;
Lee Higginson Corp.; John
Brothers;
Fairman,
Co.;
Co.;
At
Co.;
At
Eichler
$7
Stein
Co., and Westheimer & Co.
2,118,523 PCkrl
Illinois
W. C. Langley & Co.;
6c
of
of
Underwritten
(par $1).
Price, $4.25 per share.
Offered
Singer & Co. and C, F.XasseU Ac Co.. Inc.
Hibbs
&
(par
Smith, Barney
517,500 PaUellit, Inc. 45,000.shares of common fetock (par $1).
Price, $11.50 per share. Underwritten by Bear, Stearns &
Michigan
Company; Indianapolis
Bond and Share Corp.;
Janney 6c Co.; Jenks, Kirkland
& Grubbs;
Johnson, Lane, Space, & Co., Inc.; Johnston,
Lemon & Co.;
Jones, Kreeger & Hewitt; Kalman & Com¬
pany,
Inc.; Kay, Richards & Co.; Kean, Taylor & Co.;
A. M. Kidder &
Co.; Kidder, Peabody & Co.; Kinsley 6c
Adams; Kirkpatrick-Pettis Co.; Laird & Co.;
Laird, Bissell
$17.25
and William R. Staats <fe Co.
Inc.; Foster & Marshall; FUlton Reid Ac Co.; Gold¬
Sachs & Co.; Goodbody & Co.; Granbery, Marache
Co.; Green. Ellis Ac Anderson; Hallgarten & Co.; Hallowell, Sulzberger Ac Co.; Harriman, Ripley Ac Co., Inc:;
Hayden, Miller 6c Co.; Hayden, Stone 6c Co^; Hciriphill,
Hutton
Clark,
(Inc.);
share. Underwritten by Watling, Lerchen At
Co.; First of Michigan Corp.; Hayden, Miller At Co.; Blunt,
Ellis At Simmons;
Wm. C. Roney At Co.; Straus, Blosser
At McDowell; Cruttenden At Co.; Nauman McFawo At Co.;
,
Co.,
E,
shares
105,000
301,750 O'Sullivan. Rubber
6c
W,
Co.
1,121,680 Yard-Man, Inc. 160,240 shares of common stock
Co.
2,170,000 Northrop Aircraft, Inc. 40*000 shares of common stock (par
$1). Price, $54.25 per share. Offered by Blyth & Co., Inc.
V
man,
Weil, Labouisse,
RR.
shares
share.
adjustment preferred stock (par $25).
through Salomon Bros. & Hutzler.
Ac
Noyes & Co.; H. Hentz & Co.; Hill & Co.; J. J. B. Hilliard
6c Son;
Hill Richards & Co.; Hirsch & Co.; J. A. Hogle
&
Co.; Hooker 6c Fay; Hornblower & Weeks; Howard
Corp.
Baker,
Insurance
*750,000- Norfolk
Ac
B.
(par
&
stock
common
Offered by
by Blyth & Co,, Inc.-aiid Bear, Stearns & Co.
Campbell,
Inc.; T?ie First Cleveland Corp.; First of
Corp.; First Southwest Co.; Polger, Nolan-W.
Bache
York, New Haven & Hartford RR. 50,000 shares of
preferred stock (par $100).
Price, $61 per share. Offered
Burnham and Coi;
Ac Sherrerd; H.
Co.,
by
5,000,000 New
Co.; Drexel Ac Co.; Francis
Co.; Eastman, Dillon Ac Co.; Elkins, Morris
Ac Co.;
Elworthy Ac Co.; Equitable Securities Corp.; Esta.brook Ac Co.; Clement A. Evans & Co.,
Inc.; Fahey, Clark
Ac Co.;
Falrman, Harris Ac Co., Inc.; Far well, Chapman
Ac Co.;
Fauset, Steele Ac Co.; Ferris Ac Co.; First California
I.
Clark,
stock
Completed.
Lerchen
Securities Co.; Davis, Skaggs Ac Co.; R. L.
Day Ac Co.; Dehaven Ac Townsend, Crouter Ac Bodine;
Dewar, Robertson Ac Pancoast; R. S. Dickson Ac Co., Inc.;
Dittmar Ac Co.; Dominick Ac
Dominick; The Dominion Se?-
Corp.;
by
"
stock
capital stock
Underwritten by R. S.
Dickson 6c Co., Inc.;
A. G\ Edwards & Sons; Equitable
Securities Corp.; Johnston, Lemon & Co.;
Loewi 6c Co.
Inc.; Piper, Jaffray 6c 'Hopwood; Stein Bros. & Boyce;
Hayden, Miller 6c Co.; Singer, Deane 6c Scribner; Watling,
Union
curities
(Eli)
par).
(par $5).
Co.;
Ac
McCarty & Co., Inc.;
Campbell Ac Robbins, Inc.; Carolina Securities Corp.; Cen¬
tral Republic Co. (Inc.); Chace.
Whiteside, West & Winsjlow, Inc.; Chaplin Ac Co.; Clark, Dodge Ac Co.; E. W. Clark
Ac Co.;
Richard W. Clarke Ac Co.; Blair F. Claybaugh &
Co.; Clayton Securities Corp.; Coffin Ac Burr, Inc.; Cohu
Ac Co.; Collin, Norton. Ac .Co,;-.C. C. Collings Ac Co., Inc.1;
Julien Collins Ac Co.; Cooley.Ac Co.; Courts &
Co.; Crowell,
Weedon Ac Co.; CurtisS; House & Co.; J. M. Dain Ac
Co.;
Dallas
f
Blyth
Price,
4,552,200 Missouri
Kraus; J. Barth Ac Co.; Bartlett Ac Clark
Eichler Ac Co.; Battles Ac Co., Inc.; Bear,
Co.; A. G. Becker Ac Co. Inc.; Bingham, Walter
Inc.; Elair Ac Co. Inc.; William Blair Ac Co.;
Purns
i
Co.;
Offered
share.
per
Insurance
Valley
Co., Inc.
by The
American
Co.; Bosworth, Sullivan Ac Co., Inc.; Brooke Ac Co.; Browri,
Lisle Ac Marshall; Alex. Brown Ac Sons; Brush,
Slocump
&
\- I
Ac
and
Co.,
common
share.
Pierce, Fenner 6c Beane.
Shearson,
Ac
Burge
Blunt
.
Watts
par).
Price,
Title
par).
Bateman,
Stearns
Ac
Baker.
Inc.;
&
\
shares of
.
'
Co.,
Republic
Central
At
Kraus;
y
Kay, Richards
Phelps
At
Ac Co., Inc.; Central Republic Co. (Inc.); Julien Collins
V;-::--.;%%,Ac Co.; Courts Ac Co.; Cruttenden Ac Co.; Dempsey Ac Co.;
Dempsey-Tegeler Ac Co.; Dewar, Robertson At Pancoast;
Dittmar At Co.; Fairman, Harris At Co., Inc.; The First
Cleveland
Corp.;
First Southwest
Co.;
Howard, Weil,
Labouisse, Friedrichs At Co.; Johnston, Lemon At Co.;
Lester, Ryons At Co.; Loewi At Co.; Mason-Hagan, Inc.;
McCormick At Co.; William J. Mericka At Co., Inc.; Merrill,
Turben Ac Co.;
Mullaney, Wells Ac Co.; Piper, Jaffray At
Hopwood; Prescott, Shepard Ac Co., Inc.; Rauscher, Pierce
Ac Co., Inc.; Rodman Ac Renshaw; Rogers At Tracy, Inc.;
Saunders,
Stiver
At
Co.;
Stifel, Nicolaus Ac Co., Inc.;
Straus, Blosser Ac McDowell, and Walston Ac Co.
Over¬
i,
.
Completed.
1,811,250 Lehigh
Corp.; A. C. Allyn Ac Co., Inc.;
Corp.; A. E. Ames & Co.. Inc.; Arthurs, Lestrange
Ac
Co.; Atwill "Ac Co.; Auchincloss,
Parker Ac Redpath;
Bache Ac Co.;
Bacon, Whipple Ac Co.; Robert W. Baird
Ac
Co.; Shear-
6c
62,426 shares of
Co.
(par
$2.50).
Price,
Lester, Ryons & Co.
Securities
-
Burge
At
vately through Dean Witter & Co.
179,000 Lilly
share.
per
Whipple
Bacon,
Bail,
At
Chapman
Bateman,
•
Laird,
Inc.;
Fraser,
Incf%,850
A.,
$36.75
Price,
Co.
226,208 Land
i
61,025,000 Campbell Soup Co. 1,300,000 shares of capital stock
Estabrook
Weco Products Co.
2,470,284
•
•464,000 Friden Calculating Machine Co., Inc. 14.500 shares of com¬
mon
stock
(par $1).
Price, $32 per share.
Placed pri¬
Inc.
amount.
Co.
Ac
Co.;
Foremost Dairies, Inc. 30,000 shares of
$2).
6c
7,500 shares of
(par $5). Price, $14.25 per share.
Offered
Co., Inc. Completed.
I
Spinning Associates,
&
by
Co.;
Goodbody
(no
Completed.
461,250
stock
common
Reynolds
Co.;
stock (no
The First
capital
Fenner
subscribed.
$5).
Counselors,
106,875 Berkshire Fine
Inc.;
Pierce,
Richard W. Clarke Ac Co.; Coffin Ac Burr,
Julien Collins At Co.; Henry Dahlberg
At
$13.50 per
Oversubscribed.
.
;
Lynch,
Inc.;
Sherrerd;
Co.;
son
.
Oversubscribed.
Cruttenden
Co.;
of
share. ' Underwritten
subscribed.
Dodge & Co.
Inc., 5,000
shares of common stock
(par $1). Price, $8.25 per share. Placed privately through
Spencer Trask Ac Co.
;
V
•
Co.;
t2,294,156 Electric Auto-Lite
J
,
Co.,
Co.,
187,500 Uniteds States
Beverage Corp. 80,000 shares of common stock (par
$1.50).
Price, $7.50 per share. Underwritten by Ira Haupt
(par
stock (par $1);.
Completed.
Co.
.
Straus, Blosser & McDowell; Warren W. York
Inc.; Courts 6c Co.; J. H. Drass 6c Co., Inc., and
Hirsch &
per share.
Offered by Estabrook Ac Co. and
Townsend, Crouter Ac Bodine. Oversubscribed.
Scherck,
,
♦
Co.;
Hodgdon & Co.
Bank Building & Equipment Corp. .of America 22,800 shares
of common stock (par $2).
Price, $13 per share. Offered
p.
V
Bissell 6c
Meeds; Schirmer, Atherton & Co.; Clayton Securities Corp.;
The R. F* Griggs Co.; Jenks, Kirkland & Grubbs; Smith,
Ramsay 6c Co., Inc.; Barrett & Company; Hincks Bros. &
Co., Inc.; George C. Lane & Co., Inc.; Goodbody & Co.;
Inc.
shares
10,000
&
Cott
6c
Puritas Waters,
;
Bateman,
Lynch; Ball, Eurge 6c
Inc.; Saunders, Stiver &
Leonard
Prescott, Shepard & Co.,
Co.,
son,
Completed.
&
Curtis; Crut-
Co.;
&
:
'
Horn¬
Inc.;
6c
6c
225,000 shares of com¬
mon stock
(par $1).
Price, $6 per share. Underwritten by
Elyth Ac Co., Inc.; First California Company; Paine, Web¬
ber, Jackson Ac Curtis; William R. Staats Ac Co.; Walston
Ac Co.; Bateman, Eichler Ac Co.; Crowell, Weedon Ac Co.;
Lester, Ryons & Co., and Wesley Hall Ac Co. Oversubscribed
Arrowhead
Price,
\
share.
per
Co.
shares
380,000
per
Norris
Inc., and
At Waggoner;
A. Evans At Co.,
Oversubscribed.
"
of common stock (par
Offered by Goldman,
9,000 shares
Inc.
$25.87 Vi
Co.
Noble*
$12.62V2
Price,
&
V
y-:
Lester,
Russ &
Representing New Financing
Price,
S.
160,000
.
Ltd. 40,000 shares of capital stock (no par)..
Price, $69 per share. Offered by The First Boston Corp.,
and Kuhti, Loeb Ac Co.
Completed.
$4).
F.
and
Ryons 6c Co.; Baker, Simonds & Co.; Blunt,
Simmons; Dittmar 6c Company; Doolittle & Co.;
Oscar E. Dooly 6c Co.; Fairman, Harris 6c Co., Inc.; Fanwell, Chapman & Co.; Gillen & Co.; A. E. Masten 6c Co.;
$2,760,000 Aluminium
Anheuser-Rusch,
and accrued
Corp.
Paine* Webber, Jackson„&
Co.;
Co.;
Ellis
600,000
Sachs
Boston
;
;
mortgage
*
Clement A. Evans 6c Co., Inc.
232,875
first
27/s%
Co.
Neal
Wyatt,
Clement
Co., Inc.;
Forgan At
Hallowell, Sulz¬
berger Ac Co.;, Harriman Ripley At Co., Inc.;
Hemphill,
Noyes Ac Co.; Hendricks At Eastwood, Inc.; H. Hentz Ac
Co.; Hooker Ac Fay; Hornblower At Weeks; Howard, Weil,
Labouisse^.ffledricbs and Co.; E. 'F. Hutton At Co.; The
Illinois
Co.;
Ingallk, Ac Snyder; Janney At Co.; Jenks,
Kirkland At GrubbsjA. M. Kidder At Co.; Kidder, Peabody
At Co.;
W. C. Langley Ac Co.; Lester, Ryons At Co.; Carl
M.
Rhoades. At Co.;
Irving Lundborg At Co.; McCormick
At Co.; Carl McGlone At Co., Inc.; C. S. McKee Ac Co.;
Laurence M. Marks..AtXo.; Mead, Miller Ac Co.; Merrill,
Turben Ac Go;;--MullaBey,^Wells Ac Co.; Newburger At Co.;
Newhard* Cook-As.Co.;.. The Ohia Co.; Pacific Northwest
Co.; Paine, Webber,-Jackson At Curtis; R. W. Pressprich
Ac Co.; Reinholdt<-Ac Gardner; Jnlius A. Rippd, Inc.; Riter
At
Co,;
L.
F.
Rothschild-«r €o ;
Schwabacher Ac Co.^
Shields Ac Co.; Silberberg At Co.; Smith. Barney Ac Co.;
Straus, Blosser &-McDowell; Stroud At Co., Inc.; Suplee,
Yeatman At Co., Inc.; Sutro Ac Co.; Thayer, Baker Ac C04
Tucker, Anthony At Co.; G. H.- Walker At Co.; Wertheim
Ac Co.; White, Weld At Co,; Winslow, Douglas & McEvoy";
Dean Witter At Co.;
Woodard-Elwood At Co.; Arthur L.
Wright At Co., Inc.; and Yarnall, Biddle At Co.
Over¬
A. C. Wood,
Wood & Co.;
P.
Price, 96%
First
1V
Weeks;
&
Co.;
$22,065,987
Issues Not
H.
RR.
1980.
The
by
Underwritten
&
Kraus;
.,
stock
.
&
tenden
30,000
Co.
Pacific
&
Co.
common
Eichler
shares of capital
(par $10).
Purpose, for working capital. Price, $25
per share.
Offered by company to public, without underwriting.
All sold.
Western
Ac
share.
per
'
$3.10
by B. Fennekohl Ac Co,
Offered
Offered
Smithers
shares
96,770 shares of common stock (par
share of each class of stock. Purpose,
funds).
Co.;
&
2,020,000 Consolidated Television & Radio Broadcasters, Inc.
preferred
8%
Island
'
blower
.stock
Rock
interest.
'
by common stockhold¬
Agee Ac Leach, and Shrop¬
Co.
Ac
Wood
E.
At
At
Co.;
Co.;
Gundy 6c Co.,
bonds, series A, due Jan.
stock
common
tor subscription
company
Underwritten
er.:.
shire
shares
5,000
Harold
At
Cohu
Farwell,
Dean Witter & Co.;
Weld 6c Co.;
Co.;
2,000,000 Chicago,
for working capital and expansion.
to stockholders; $41 to public.
Of-
Purpose,
$40
fered
Co.
Insurance
$20).
Price,
.
for
without underwriting.
Stonewall
(par
Price,
capital.
company
holders,
200,000
Inc.
Purpose,
cents).
10
(par
for
6c
Co.;
Co., Inc.
Merrill
At
Allyn
Baird
Butcher
Inc.; Wood, Struthers & Co.; Wood¬
cock, Hess & Co. Inc.; Arthur L. Wright & Co., Inc.;
Wulff, Hansen & Co.; Wurts, Dulles & Co., and Yarnall,
Biddle 6c Co.
Oversubscribed.
' V
1,190,000 shares of common stock
to reduce accounts payable and
20 cents per share.
Offered
subscription by minority common stock¬
Airlines,
Resort
Co.; White,
Wood,
Corp.;
Dodge
Neuhaus & Co.; Vietor, Com¬
Dann & Co.; Wagenseller 6c Durst, Inc.; H. C. Wainwright & Co.; G. H. Walker 6c Co.; Walston & Co.; Watling, Lerchen & Co.; Wertheim 6c Co.; Westheimer and
Jr.
stock (par $1).
Beane;
Co.; Robert
J. Barth At
Co.; Bear, Stearns
At Co.;
A.
G.
Becker At
Co., Inc.;
William Blair At Co.; Blunt Ellis At Simmons; Blyth At Co.,
Inc.; Bosworth. Sullivan At Co., Inc.; J. C. Bradford At Co.;
C.
W.
mon.
convertible
$27
A.
Anthony & Co.; Underwood,
Stores, Inc. 25,000 shares of 434% cumulative
preferred stock, series A (par $100). Purpose,
for expansion and working capital.
Placed privately with
a group of institutional investors through Lehman Brothers;
J. M. Dain Ac Co., and Piper, Jaffray Ac Hopwood.
j
Owl
•2,500,000 Red
Car
Price,
Boston
Co.,
&
Tank
par).
Inc.;
Sutro
&
Co.; Sweney,
Cartwrlght 6c Co.; Thomas 6c Company;
Townsend, Dabney & Tyson; Spencer Trask & Co.; Tucker,
Stroud
Corp.;
At
Inc.;
Furman
G.
Union
Sterne,
Securities
ster
Tindall
W.
Hirschberg,
AJester
Frank,
Stern,
Co.;
&
J.
At
Stein
Co.;
&
Co.;
Agee
& Leach;
Stetson Secu¬
rities Corp.;
Stewart, Eubanks, Myerson & York; Stifel,
Nicholaus
&
Co.,
Inc.;
Stokes
&
Co.;
Stone &
Web¬
50.000 'shares of 6% cumulative pre¬
$10).
Purpose,
for working capital.
Underwritten
par.
R.
&
Meyer
common
$4.50 per share.
Underwritten by Courts & Co.;
Chisholm At Co., Inc.; Hancoek, Blackstock At
Varnedoe,
Wm.
.
Bros.
subscribed.
500,000
Price,
The
William
Boyce; Strouu Ac Company, Inc.; Suplee. Yeatman Ac Co.,
Inc.; White, Weid Ac Co.;
Woodcock, Hess Ac Co., Inc.;
Wurts,
Co.;
Lukens;
Price, $52.25 per share
Heipphill,
Blair
Inc.;
Co.,
Ac
§50).
(par
capital.
provements and working
iflat).
Underwritten by
cumulative
Co., Inc.;
&
100,000 shares of 4.68%
Inc.
337,500 Trade Winds Co. 75,000 shares of
Reinholdt & Gardner; Reynolds & Co.; Riter
Robinson-Humphrey Co., Inc.; Robinson and
C. Roney & Co.; Rotan, Mosle 6c Co.; L. F.
Rothschild & Co.; Russ & Company; Sage, Rutty & Co.,
Inc.; Salomon Bros. & Hutzler; Savard & Hart; Schmidt,
Poole, Roberts & Parke; E. H. Schneider & Co.; Schoellkopf, Hutton & Pomeroy, Inc.; Schwabacher & Co.; Scott,
Horner
&
Mason, Inc.;
Scott & Stringfellow; Chas W.
Scranton
&
Co.;
Seasongood & Mayer; Shearson, Hammill & Co.; Shields & Company; Shuman, Agnew & Co.;
Siloerberg & Co.; Singer, Dean & Scribner; 8mith, Bar¬
ney & Co.; Smith, Moore & Co.; F. S. Smithers & Co.;
6c
(Continued from page 7)
Fruit
5,000,000 Penn
Monday, April 4, 1955
in
the
funds
p.
amounf\of $1,715,646;
of
1438.
the
cofcupany
\
and the balance will be added to the
available 'for
its
corporate
purposes.—V.
181,
Number 5417
Volume 181
The Commercial and Financial Chronicle
...
(1557)
4
Broad
The
SEC
California Public Utilities Co.—Financing Approved—
With SEC—.
The
registration statement with the•.
shares of capital stock.—V. 181,
.March 29 filed
on
a
'
mission, to Issue
50,000
Representatives
March
on
assets
this
of
29
Continental
formal
a
Budd.
to
shareholders
for
27,
or
meeting
the
for
the
.
assets
liabilities
Budd
purchased.
Budd
Continental.
of
;
Continental
laminated mica products
Pa.; and Valpariso, Ind.
and
Bridgeport,
tubes,
Teflon
Newark, Delaware;
tapes,
will
Diamond
Diamond,
S.
This
transfer
will
A.,
with
for
major
located
Budd.—V.
to
181,
in
number
issued
4
at
its
Balance
Interest,
the
78c
which
1953
exceeds
outstanding,
attained a
financing,
a
new
promotional efforts contributed to
volume.
The
the
past
volume
1353
total
year's
cash
loans
with
recognition of
in
by 6%.
individuals.
to
.,
Of
This
of
18%.
and
the fact
security.^
of
.As
was
to
from $4,971,027
the
dividends
Continues
in
Silver
of
The
jointly
announced
Behrstock,
Albert
acquired
network
of
March
on
28 by
of the
move
from
ry.
Gross
has
offices
ry.
,
Value
11,454,150
18,973
45,628
$528,360
$664,055
$1,596,980
Burton Manufacturing Co., Los Ang.,
reported
March 30 by
on
Net
ry.
—V.
preferred
the
period
dividend
Net
from
ry.
share
stock
common
of $29,672
figures
equaled
9.5
cents
share,
per
shares
307,000
on
available,
not
are
of
common
Gross
of
business
$7,500,000,"
1955)
Burton
year, based
(the company split its
on
307,000
stock
one
shares
of
one-for-
a
to 21 cents per share,
firm orders of $1,500,000 plus
on
under
Mendelsohn
negotiation
said
sales
being
or
and
bid,
earnings
evalua¬
"an
at
estimated
for
the
current
Net
*
well
as
other scientific products.—V. 179, p. 1155.
as
March
on
Profit
■
52
cents
38
Consolidated
sales
and
net
Comparable
hot
sales
the
for
six
to the
profits
audited
consolidated
six
same
represent
figures
ended
months
Net income after taxes during
Compared
of
the
28,
year
approximate
an
unavailable
are
Feb.
1955
year
Increase
subsidiaries
since
to
previous,
of
10%.
were
during
the previous year.—V.
181,
The annual report for
$1,641,087,
of
$1,360,719,
the year 1954 showed
increase
an
267,245
200,060
141,071
142,630
1,470,062
1,708,901
1,709,929
401,168
503,600
482,192
564,450
346,384
299,903
851,473,
.
.
Profit
for
of
according
of 20.6%
to
K
S.
1953
over
Dulin,
the
a
consolidated
previous
Chairman
from
ry.
of
net
profit
year's net profit
the Board and
Gross
$228,626
14,023
*21,352
*55,819
*47,559
*88,636
432,523
455,309
451,349
24,195
37,287
Net
ry.
*90,839
$497,927
$373,129
1955
for the
month
same
Eberhard,
H. S.
Mr.
Dulin
greater
out
diversification
Rollin Co.,
Calif.
At
exceeded
The
pointed
that
the
company's
long
range
program
of
had
been furthered by the acquisition of the
equipment manufacturer, located in Pasadena,
purchase, in April, 1954, Rollin's backlog of orders
electronic
an
time
of
$1,800,000,
mainly
for
the
military,
according
to^Mr. Dulin.
has
plans for Substantially Increasing its electronic pro¬
testing facilities during 1955.
Mr. Dulin further pofnted out that Byron Jackson Co. was
expanding
company
duction
and
its activities in the field
of nuclear power development.—V.
ended
to
$983,793
last year,
$2,270,438,
Feb.
of
for
stock,
as
28,
the
of
it was
for
the
first
$35.52%
reported
of sales and
two
sales
of sales
$77,-
months of
1954.
$4,576,037, or $1.06 per share
to profit of $3.535,942,. or 85 cents per
first two months of 1954.—V. 181,
income—
Operating
Operating
Dec. 31—
1954
revenues
Net
and
taxes
operating income
Gross
and
$3,475,967
3,814,878
other
3,757,092
1,345,608
1,005,881
deductions.
Net
income
Preferred
Balance
Common
■Earned
The
564,139
$2,187,072
2,668,934
common
Sales
of
1954,
7,364,378
1,567,344
2,490,934
-arrangement
has scheduled
1955,
had
with
banks.-
construction
ties next fall.—V.
$0.73
construction
against $7,698,000 last
borrowed
funds,
181,
p.
$5,400,000
expenditures
year.
under
its
At
"
of
the
Public
short-term
Vt.,
Jersey—Earnings—
the
$8,874,220
$9,046,413
3,547,629
7,196,562
of
$805,339
$1,677,658
383,804
$1,649,180
573,180
the
company,
increase
239,170
ior
1954,
year
increase
an
in
1954
was
the record
of
totalling
$10,173,776,
$671,712
of
$398,636
over
greater
set
a
1953.
1953.
of 409,635,000 kilowattkilowatt-hours, or 11.5%
additions,
property
in
company
central
replacements
and
ing
was
used
to
180,
proceeds of
pay
p.
off
represent
Chesebrough's
Pond's Delaware will
corporation) and Pond's
the assets, other than
Ltd., whicn will then be
merger,
English
also
would
of
acquire
brand
to
products,
72
for
until
business
is
80
over
It
years.
the
was
latter's
founded
a
by
years
a
sub¬
dissolution
T.
T.
Pond
does
now
worldwide
a
business
in
Pond's
has
and
requisite
boards
and
subject to
is
merger
the
to
the
by
approval
the
working-out
the
of
stockholders of each
definitive
company.
Record—
Manufacturing
$4.97
of
and
Co.,
share
a
consolidated
March
on
shares
314,841
on
sales
overseas
company.
*
*
.
.
consolidated
of
Income
after
with
selling,
$172,209
balance
in
to
rose
for
re¬
compared
1953.
all-time
new
28
318,786
on
records,
ac¬
;
■
net
-
-
showed
income
profit
gross
on
in
administrative,
1953.
surplus
showed
sheet
cash
and
against
in
$3,323,669.
of
current
at
$8,084,930 from
to
assets
of
$11,181,602,
marketable
Current
liabilities
$14,133,046
from
Increased
current
$1,999,985
liabilities
$15,239,445
Chesapeake
oper.
Ohio
&
securities,
assets
$2,819,795.
of
the
end
a
Total
$6,958,990.—V.
179,
ago
assets
1953,
of
including
compared'
year
and
p.
were
rose
earned
2139.
Net
refunding
1,
short
2186.
the
new
term
$7,296,296
$4,105,607 $14,800,465
4,579,302
called
been
of
J.
P.
Y.—V.
N,
for
3,208,667
9,212,180
$8,846,518
6,646,599-
and
p.
mortgage
accrued
Morgan
181,
on
May 1, 1955, $176,000
3V2% bonds, series D, due
interest.
Payment will be made
Co. Incorporated, 23 Wall St., New
redemption
improvement
100%
at
office
8,
37,550,198
op.
ry.
and
1996,
the
$46,396,718
37,048.701
Redemption—
have
There
of
$51,849,166
18,051,540
income—
oper.
ry.
Partial
1955—2 Mos.—1954
$22,157,147
18,038,390
expenses
from
rev.
Ry.—Earnings—
1955—Month—1954
$25,334,686
revenue..
operating
Net
&
1308.
Chicago, Burlington & Quincy RR.- -Earnings—
Gross
from
from
Net
no
ry.
im¬
Net
Net
and
with the former
Vermont, acquired
bank
borrowings
as
com¬
first mortgage 30-year
3'/4%
bonds,
bank
1955
$17 ,882.163
railway
3 ,708,194
railway
1953
1954
1952
$20,255,219 $20,823,561 $20,601,359
6,267,142
6,609,712
6,021,539
,626,758
2,678,890
2,512,985
2,667,984
36 465,047
40,303,553
43,079.372
railway.—__
7 550,241
10.966,591
13,132.488
42,194,762
12,459,138
income..
3 ,246.682
4,755,860
5,313,028
4,776,675
income.
oper.
From Jan. 1—
con¬
the report states, was
used
to retire two series oi
3%% bonds which had maturity dates
of 1961 and 1972 respectively.
The balance of proceeds of the financ¬
struction.—V.
the
(an
will
It
share
eacn
in
country's best known cosmetic manufacturers
at Ail-Time
current
from
from
ry.
—V.
railway
oper.
181,
1308.
p.
*
Chicago &
borrowings .and
for
con¬
Eastern
Illinois RR.—Earnings—
February—
Net
credit
stock.
s
later date.
a
system
northwestern
had
$4,000,000 principal amount of
the
to
Ltd.
the proposed
details
$3,254,787
bonds.
of
at
shares
225,000
for
"Vaseline"
of the
one
statement
1953.
stock
Part
share
prior
Co.
Ltd.
successor
domestic
The
1954
and
additional
a
February—
than
total
42,316,000
the company's
the
Chesebrough
of
announced
Corp.—Earnings Up—
$2,540,500.
The largest single project was
transmission
line1 between
Middlebury
L954
shares
will be
operations after cost of sales at $14,601,250 compared with $14,233,523
than
of
the
other
agreement
solidated
7,397,233
Light Co. system
of June 30, 1953.
as
end
225,000
company
to Clifford W. McGee, Chairman, and Arthur B. Richardson,
President, in the special 75th anniversary annual report of the con¬
■"
1955—2 Mos.—1954
$4,352,968
$1,362,344
connecting
Electric
merger
At
receive
Extract
$1,565,012
Gross
$0.88
■
more
end
with
pared with short term bank borrowings of $650,000 at the end of 1953.
In June 1954, the company sold 10,000 shares of new 4.65%
preferred
Te repay the bank debt and provide addi¬
the company.probably will issue nev? securi¬
'
v .
, •
.
743.
Milton,
of
cording
Ry.
$831,386
216,033
1954
an-
•*
ported record earnings of $1,696,949, equal to $5.32 a share
shares
outstanding for the year ended Dec. 31, 1954, as
450,788
45-mile
a
ap¬
was
it
President
V. Young,
Maich 28.
on
been
has
Co.
company,
Lloyd
1,316,643
626,990
3,479,969
totalled
of
respectively,
each
of
and
Extract
.•
Sales
May
in
Expenditures
directors
the
Consolidated—Plans*
Co.
Pond's
Richardson
of
customary,
merger
Gross
provements
and "...
Co.
presently outstanding 318,786 shares of Chesebrough
business
$10,426,079
$4,311,355
an
and
.
is
219,013
.1,023,594
471,627
electricity reached
in
at
stock
"Angel Skin," ancl other widely sold products.
paid dividends in every year for the last 40
291,782
1S53.
over
the V
with
&
Face,"
with
1955—Month—1954
in
filed
common
"Angel
Pond's
224,198
943,211
of New
the
of
shares
and
632,611
7,295,858
opers.
of
by
B.
Period End. Feb. 28—
revenues
for
.
1,000,000
1900's
" 523,961
6,528,812
inc
income
Corp.—Registration j
statement
early
Net
by
stock
outstanding
per common share
company
tional
531,812
for
shares
company
$2,751,211
$1,^37,458
_
available
$11,000,000 for
the
$2,469,270
__
dividends
the
The
1075.
record
Uranium
registration
offer
company
would
and
various
at
Net
127,944
to
Canada
of
has been
York
struction
.
ly.
165,938
'
1,501,950
RR.
p.
,308,441
125,873
combined
are
Pond's,
creams,
1308.
Operating
$3,593,639
income
Interest
1846,
1952
1953
$17,050,542 $17,598,498
13,456,903
14,122,531
_______
expenses
1911.
compared
1953
6,980,505
income
oper.
253,365
128,423
paid dividends continuously
the original Standard Oil Co.
$3,622,394
Central Vermont Public Service
hours
'
In
to
railway
fr.
rev.
269,433
has
$3,572,987
,754,833
1—
expenses
181,
69,611
1,139,585
254,938
advertising and general
expenses, but before foreign and
domestic taxes, was $3,382,286 com¬
pared with $3,321,906. Provision for depreciation in 1954 was $199,945
1954
revenue
ry.
81,760
1,172,881
Colorado
issuance
of
Both
were
the
$3,233,942
oper.
Net
72,889
'1,102,997
.
Pond's
the
Tonic
As
to profit of
compared
company's
1955
oper.
new
Ended
the
and
of
1955.was
compared
as
Ry.
—V.
of
there
sidiary
*$921,669
increase
an
The 1955 profit was 5.62%
$62,556,022
months
two
Ry.
Net
134,307
'
proposed plan, Pond's Extract Co., the Delaware corpora¬
be
merged
into
Chesebrough
and
the stockholders of
Co.
President.
was
1954.
Period End. Feb. 28—
181, p. 202.
California Electric Power Co.—Earnings Decline—
Years
the
Pond's
Ry.
the company's all-time high.
was
1952
$572,921
153,985 "
59,514
this
Chesebrough
month
1955
$40,380,724,
were
$3,377,701
677,468
396,009
Central
$577,014
,151,527
amended its
has
Delaware
Hair
Consolidated
sales, services and other operating income totaled $31,approximately 4% less than the firm's sales of $33,156,263 in
1953
$571,789
1,163,469
Arthur
would
The
V*
p.
shares
Earnings—
128,906
principle
by
name
old
1955—2 Mos.—1954
202.
p.
railway
181,
three
cash, of Fond's Extract Co. International,
liquidated. None of these companies is now owned by Pond's Delaware.
The merger would bring together two old and well-known companies
whose trademarks are household words throughout t.je world
Crrsebrough, which manufactures "Vaseline"
Petroleum Jelly, "Vaseline"
*166,834
1955—Month—1954*
months
oper.
each
tor
2138.
p.
$576,407
proposes
Extract
Ry.—February Earnings Higher—
railway
from
Net
in the .year
earlier
1954
approximately 7/10ths of
stock now outstanding.
It is contemplated
that,
*30,474
*115,157
railway
from
—V.
1953 which
in
Since
1307.
—_——
oper.
179,
of $1
per
distribution to
the
Corp.
stock
common
—V.
shares
effect
to
Aircraft
■
income—
of
merger
in
from
;
1308,
i.ow
Under
1952-
$217,132
12,202
*134,071
p.
181,
February—
Gross
held.
income
Chesebrougli and
Central of Georgia Ry.—Earnings—
-
Vought
stock
railway
p.
nounced
;
From Jan.
President.
890,695,
A
■
$31,325,168 $32,282,547 $64,675,893 $62,527,641
30,827,241
31,909,418
63,652,100
63,449,310
common
1308.
p.
Chance
company
stock,
1954
$209,605
4,765
stock,
the
$12,500,000
;
1,079,619
required
United
railway——
and
The
434,112
—
the
common
outstanding
of
Chesebrough Manufacturing
Merger With Pond's—
'
*48,778
compared
as
;
from
"
$214,821
Pacific
two
increased
per
302,680
55,713
share of common stock, as compared to 5.41 %
per share of common stock for February, 1954.
per
Net
743,
p.
Byron Jackson Co.—Profits Increase—
of
1952
$844,220
221,315
22,102
by
per
taxes
during
$863,695.
-
number
railway
acquire
the
cents
Net
_
1953
$850,788
were
this six months amounted
months
18
the
For
of
(J. P.) Burroughs & Son, Inc.—Sales and Profits Up—
$53,197.
1954
237,530
$1,611,430 for February,
share
$1,748,075.
-Earnings-
276,410
;
1,563,293
$29,796,604
for
income
share through S. D
Fuller & Co., Peter Morgan
Vermllye Brothers, all of New York.—V. 180, p. 2394.
$763,970
,
February,
sales of
over
were
the
Chesapeake &
SEC
135,910
expenses
for
Sales
$6.15
to
initiated
payments
$6,640,433
was
1955
oper.
181,
tion,
181,
earnings
Federal
Statement Amended—^
Caterpillar Tractor Co.—February Sales Up 35.52%—
prime contractor for the manufacture of flight and navi¬
a
ry.
The
$742,405
income
Deficit.—V.
and
materially exceed those of 1954.
is
gation instruments for the Armed Forces, and a producer of servo-motor
packages,
and scientific
instruments for both
civilian
and
military
uses,
♦225,636
income
earnings
for
$149,627,125.
equivalent
corporation
year.
of
is
provision
to
sales
income
net
Dividend
the
with
1954
and
which
and
amounted
there
oper.
from
since
according
amounted
dither
Mr.
year should
-
♦102,550
railway
Working
v.
Dec. 31. 1954 amounted to $43,463,741,^ as against
1, 1954, while current liabilities totaled $26,105,287
$16,640,399
at
the
first
of
the
last
year.
At the
of
from
years.
earnings for the
j Basing his predictions
tion
ry.
509,000
17,890
the public.
outstanding
basis Jan. 20,
one
574,000
*133,841
railway—
Canadian
The
railway_„'
Net
'
quarter
from
—V.
1955
*Deficit.—V.
market
at
common
from
Net
*63,530
*128,696
353,000
railway
oper.
stock.
was
share
United
proved
Calif.—Sales, etc.
for the period ended Feb.
company
requirements,
its shares to
Per
18,603
*61,734
♦316,752
railway
from
ry.
Sales reported for the last full fiscal year, ended Nov. 30, 1954, were
$2,419,398.
with net earnings amounting
to $83,522
after taxes of
$58,500.
\
$233,000
From Jan. 1—
Net
tire year
sales
stockholders
common
Gross
1307.
oper.
t.ie
From Jan. 1—
♦158,133
income
from
covering
15
at
at Jan.
with
Net
1952
$291,000
♦146,839''
1955
p.
of
Charleston & Western Carolina Ry.-
1307.
p.
railway
from
Gross
to
W.
A.
Mendelsohn, President, because of the change in accounting
periods and procedures effected in February, 1954, when the company
first offered
1953
*52,207
stock
outstanding.
Comparative first
*
430,000
Period End. Feb. 28—
earnings for
after
181,
Feb.
offered
be
Francis I. duPont & Co.,
Raymond G. Largent, Secretary
$14,040,433,
of
year
1954
one
117,770
♦228,843
inoome—
oper.
was
February—
*67.738
SE(\on
the
to
through
181, p. 410.
$7,400,000.
the
which
Gross
6,355
*82,139
.
;■•}„
-
railwayrailway
from
with earnings before taxes of $49,672,
this
■
from
Net
1955.
Net
'
•
income—
$1)
share)
account
4.4%
assets
of
of
59,880
144,947
$159,000
1
■
■.
332,134
21,204*
1954
$230,000'
railway
oper. income
Net
First quarter sales of 8580,293,
28.
$17.95
$13.94
$15.01
410.
p.
the
;
1955
.
with
(par
capitgl^of
$17,358,45# uiprfng the
value,
60,355
305,061
161,443
I
C
filed
working
clooe
From Jan. 1—
Gross
Gross
$15.50
181,
209,004
railway
railway
Net
per
cents
1952
69,800
,
-
*
*14,958
1201.
p.
railway
from
ry.
.
yard in U. S.
per
;
275,165
66,129
from
$1,951,495
S.
288,971
*
Canadian Pacific Lines in Maine
10,874,180
55,757
U.
181,
oper.
Net
taxes
to
compared
22,690
-
was
per
the
common
half of
•The
$165,004
5,846
February—
4,442,330
15,096
$35
;
*
•.
stock
Company.—V.
before
of
•Deficit.—V.' 181,
1955—9 Mos.—1954
1955—3 Mos.—1954
3,407,700
—-
v'
1953
$150,472
72,695
10,531
<
_
Vought Aircraft, Inc.—Earnings, etc.—
$29,140,399
1954
.
222,485
79,125
corporation completed
amounted
$1,281,717
♦18,582
99,256
1,856,000
351,061
•
430,766
" 152,375
1308.
$21
for
oi
last
$132,049
■
1,812,000
1,843,000
"
362,839
48,301
common
represents
Pond's
dredged.
at
*
-
p.
about
share
375,926
Canadian Pacific Lines in Vermont—Earnings—
fine-gold
ounce
Value
This
$1
181, p. 106.
Period End. Feb. 28—
Ounces
336,239
V
*69,759
1,697,000
notification
of
at
Cessna
Income
$1,657,643
28,058
from
from
Bulolo Gold Dredging, Ltd.—Production Report—
Yardage
796,287
RR.—Earning^
railway—
Net
enlarged
been
now
$2,453,930
$140,203
railway
oper.
Net
in
are
the
of
to
From Jan. 1—••
-
Finance
Chairman
expansion
this
in
Budget
$2,530,469
1955
71,574
income..
of
shares
(estimated
Chance
.
57,321
8,886
894,087
Indiana
&
income
from
Net
Silver
letter
A
500
$2,445,044
6,887
deductions-
railway—.
oper.
income—
Net
^
of
railway;
railway
oper.
Wichita; *Kan.,
railway
railway
Net
$270,000.
nationwide
ry.
Gross
was
purchase
'
$2,523,582
February—
the
by
and
receivables
to 43 serving 12 states.—V.
were
and taxes
51,707
*1,900
Cessna Aircraft Co., Wichita, Kansas—Files With SEC
■
•
$1,300,143
from
Gross
-
was
President,
total
The
excess
—V.
-
$11,206,916 $10,709,152
8,683,334
8,264,108
February—
investors.
acquired
Md.,
Spring,
Offer
S.
Board.
office,
It
year..
Expansion—
An. additional
Charles
paid Budget
the
ry.
1952
$880,000
194,856
'
•"**4
from
from
Net
Canadian National Lines in New England—Earnings—
,
an
pointed out that
.^during 1954 Budget acquired eight new offices to set the over-all total
at 41 now
serving 11 States.
The company's progress, attributed to
accurate, sensible planning, is reflected in the notable rise oi net gain
to $5,559,136 during
Gross
later
Net
.
Co.
•
preferred stock-
♦Deficit.—V.
to
message
Commis¬
$1,636,382
oper.
from
Net
pre-planned
combined
ry.
Net
that direct loans afford greater
their
In
the
•"*
-
from
Gross
increase
represented direct
89%
this amount,
due
is
by
debentures
1953
$909,000
183,184
-
$837,000'
income..
oper.-
which
on
from
Net
advance in business
$19,851,454
of
From Jan. 1—
average
programming
diversifi¬
stockholders,
Charles S. Offer, President, and Albert Behrstock, Chairman of the
Board of Budget Finance
Plan, said that the company placed itself
in a favorable position for expansion by increasing its capital funds
cation
;
self $1,500,000
181. p. 542.
Gross
significant gauge of
peak of $13,841,838
the considerable
volume
ry.
From Jan. 1—
Net
to
etc.,; ^deductions
February—
and
increase
by
into
authorization
Current
The statistical summary fixes the total
receivables
1965
The
income
Cambria
,
indicates
229,042
on
two-
Net
1954
$924^000
152,916
L"
railway.
railway
from
.
.
plans
Balance
—V.
number of outstand¬
average
year's
1.
fixed
earnings
before
Dividends
all-time
operations
substantial
Net
Inc.—Earnings1955
»
Gross _froin
cumu¬
com¬
as
clearly
February—
annual
1954
representing a 12%
increase over last year's $12,352,127.
According
to Budget Finance Plan officials, both the recent office expansion and
and
April
is
income
Net
.
Net
is
previous
at-$3,232,000
the
consumer
report
business
operating
Non-operating
•«
the 276,998
on
the
over
outstanding shares.
gross-income
Budget's
stockholders
to
share
stock
D6c.--31,-~ 1954,
published
of
..."
interest
in
March
on
24-page
phase
every
88c per
of
progress
company
•,
prime
over
it
next.
expenses
Net
743.
p.
1953
...
common
of
early
or
convertible
preferred.
price
a
revenues
its
transferred
be
income;, the
net
earnings to
r
when
Central Vermont Ry.
Com¬
:
before
share, of
per
.
said
Operating
*
record net income after taxes of $405,006,
figure of $354,270.
In addition to this
a
the
gains
facilities.
ing
loan
consumer
report showing
Of
year
convertible
.
Operating
Budget Finance Plan, Los Angeles, Calif.—Net Highest
high
.
U.
California Water Service Co.—Earnings Higher—
* 1955
1954
corporate name and all rights
to its use
to Budd.
Two wholly owned subsidiaries, Diamond State;
Fibre Co.
of Canada, Ltd.
and Continental Diamond
Fibre Co. of
South Carolina,
as
well as a 90%
owned French subsidiary, of La
'
...
5%
acquires- possession
and
pared
effective
be
will
12 Months Ended Feb. 28—
of three manufacturing facilities for the
production of vulcanized fibre products, laminated phenolic sheets, rods
Fibre
share
becomes
•
$20" par
new
P.
♦Deficit.—V, 181.
as|)&me substantially all
will
common
company
California
on
"
ment
a
The
soon
as
of
this
thereafter as possible.
V
Under this agreement, Budd will give Continental 405,000 shares of
Budd common stock, plus $642,500 and other oonsiderations in pay¬
April
shares
sion.
be
annual
their
at
Fibre
sale oi certain
presented to
will
agreement
approval
Diamond
the
for
agreement
The
the
,
issuance
cf
Continental
and
company
signed
Continental
of
•
shares of
new
thirds
Acquisition— ;
Budd Co.—Proposed
authorised-by
stock.
preferred
.
The
Co.
been
has
company
lative
additional
1,200,000
covering
643.
P-
Corp.—Registers
Investing
Street
corporation
9
Net
from
from
ry.
1955
railway....
income..
1952
2,633,380
$2,851,353
$2,922,312
502,596
301,350
500.862
638.104
850,741
5,687,149
1,177.676
5,375,768
691,857
538,427
railway
oper.
1953
1954
$2,736,157
*
278,244
313,960
393,045
5.813,378
1.328.366
654,270
5,898,746
1,667,137
769,330
-
From Jan. 1—
Gross
from
Net
from
Net
ry.
—V.
railway
railway..
oper.
131,
p.
income..
1308.
1 017,008
Chicago Great Western Ry. —Earnings
$2,900,221
753,024
crcm" tall way
$2,039,005
railway——833,068
ry- oper. income—
309,482
Net
From
Gross
*184,205
*129,578
897,746
308,453
Net
ry
5,383,874
1,724,554
income—_
oper.
181, p.
5,209,725
599,433
552,060
174,161
*
railway
from
Net
Net
i8i,
6,652;791
6,726,801
^
2,46^11
income— ,.1,089,909
1201,
p.
/•;;.
.
977,899
;,;
.
1954
J 952
$623,498
$431,293
$.,*7,089
$613,414
railway—_
182,193
*56,708
95,450
68.705
income—
71,072
♦108,611
44,371
6,353
oper.
Frorr:
1—
Jan.
'
Cross
J7et
;t ry.
l.
railway.—
1,317,79Q
968,316
1,164,866
1,260,311
railway———
^il,496
*40.607
151,990
140,200
income.—
< 155,381
*151,214
39,962
from
from
oper.
♦Deficit.—V.
'
16,879
1(0,1),'1303.
Chicago, Indianapolis & Louisville Ry.—Earnings—
;.
1 QS4
Iqkc
1953
1952
'
February—
from railway.—
$1,707,493
$1,677,096
$1,722,393
$1,791,926
railway......
356.275
406,925
397,269
451,903
164,561
160,810
Ch'oss
J >4;
from
let
ry.
r
-om
ry.
—V*.
securities
Current
exceeded
181,
3,449,094
3,461,524
706,270
758,135
764,105
328,963
315,063
246,843
Chicago, Milwaukee, St. Paul & Pacific RR—Earnings
a
the
of
summary
company's annual
11 tiart:
rui
c
tr>
persisted
with
System
and direct studies looking towards consolidation
of operations
and facilities of the two companies,
rination
<
i 'terest
of
ranort
and
Wards
of
appears
EARNINGS
FOR
Net
Net
ry.
oper.
matter
the
AND
if
and,
TWO
from
Net
from
l.et
ry.
1«
oper.
the
Deficit.—V.
income—
181,
from
13
ry.
railway.
railway
oper.
income—
Net
ry.
railway
railway
6,265,833
oper.
income—
*403,612
2,749,670
1,946,500
and
and
Gross
Net
from
Net
ry.
railway
oper.
28,750,992
2,453,358
*860,689
30,697,977
3,350,451
429,068
27,708,107
1,792,379
*1,542,231
32.073,957
2,768,161
*112,019
debt
by
reported
that
Cities
;
the
in
1,195,320
2,344,097
1,248,027
—V.
of
of
181, p.
March
Louisiana
Gas
for
dates
units
stock
Vegas,
to
Net
from
Net
—V.
ry.
railway
oper.
income—
11,194.613
3,874,590
for
$14.50
at
and
stock
The
1
1953
$2,536,412
$2,776,830
283,971
241,479
199,804
5
Net
from
income—/
from
Net ry.
railway
*218,101
*161,004
*217,423
♦181,547
5,099,332
4,983,953
5,378,557
5,673,135
684,246
*301,914
-
451,103
655,849
635,938
*427,962
*155,569
♦228,502
railway
oper.
income—.
♦Deficit.—V. 181, p.
to
1308.
applied to the Federal Power Commission for
authority to acquire the outstanding shares of capital stock of its
subsidiary, Union Light, Heat & Power Co. from present minority
stockholders, and to purchase additional capital shares to be issued
by Union to help finance its construction program.
Cincinnati said that it is making an offer to Union's minority stock¬
holders to purchase and acquire their shares at the rate of $45 for
company
full
share, and
48
cents
for
each
The
share.
1/94
offer
is
full
V.
value
shares,
cinnati
now
which
of
owns
249,580-80/94
246,935
shares,
shares
which
are
Union
outstanding.
are
and
the remaining
stockholders.
held by other non-associated
Cincinnati
also
is seeking authority
shares
to
Warrants
of
-
Cin¬
4/94
share
stock
be
issued
to
additional
the
present
stock at
stockholders
a
rate
of
entitling
1/94
share
them
for
to
each
held.
Cincinnati
Union's
rose
*Tor
the
to
and
mis¬
and
sub¬
of
distribution
•;
ry.
and
end
of
taxes,
:
last
of
an
as
increase
was
a
6.03
to
year,
affected
which
for
during
the
sheet
allowing
$1,627,530
36.9%
,
sales
from
$8.48
1.5
per
to
of
Dec.
1,
to
1.8
per
period.
31,
to
with
cents)
$710,410 for
1954,
current
to
1
on
the
of
subsidiary,
in
shares
Central
Kentucky
the
first
the
of
mortgage
consideration
notes;
will
book
to Columbia Gas
value
31, 1954,
value stock
par
the
of
this
have
$435,875
or
in
an
aggregate-
of
assets
net
would
Frankfort
required
the
in
1.
share from $7.69
178,
7,270
13,307
1952
$157,792-
50.261
.
20,549
17,170
5,716;
'
'
1
249,709
307,047
349,785
330,091)
8,446
47,419
101,382
48,90ft.
*10,091
income—
181,
13,111
44,886'
19,315-
1308.
p.
p.
proceeds
to
are
be
used
in¬
to
\
March
on
2.9
released
generating
applied
build
converter
form
of
the
to
build
seeks
it
$55,000,000'
at
Indian
March 22 to the Atomic Energy Commission,
and operate the reactor portion of the plant.
on
the
has
design,
(U-233)
pressurized!
a
pressurized
both
to
as
water-
safety
program.
non-fissionable
thorium
inside
important
an
build
The
demonstrated
reactor
uranium
of
reactor;
been
naval
it wants to
says
converter
states,
company
in
details
station
Y.
N.
the
is
converted
reactor.
element
into-
Since
the-
in
production
reducing
costs
the
at
same
time.
capacity of the station is calculated at 236,000 kilowatts,
is subject to revision because of the novel nature of
which
design.
the
The
produced
power
network
York
of
City.—V.
from
lines
power
181,
the
atom's
supplying
pill
energy
Westchester
be
County
fed!
and
644.
p.
of BalL
company
has
filed
an
application with
authority to acquire the
requesting
Transmission
of
Co.
Maryland,
the
Federal
electric
also
of
Power
facilities
Baltimore.
of
>
The
application is conditioned on the prior authorization by theFPC
of
the
applications of Pennsylvania Water & Power Co., and
Pennsylvania Power & Light Co. proposing the merger of the former
depreciation
compared
into
the
plan,
■
latter.
Penn
-
The
base
including
the
of
part
the
of
to
plans
sell
Penn
to
Water-Penn
Consolidated
the
Power
merger
Susquehanna
facilities.
Co.
amount
of
the
assets
current
net
date
As
Power
Transmission
purchase price would to $5,038,141, not
and subject to certai^ adjustments to
settlement.
-
A
The
,
application says that all of Susquehanna's facilities, which arc
Maryland, have been used in the past either for the delivery
energy
to
Consolidated
or
for
its accounts.
Consolidated said
located in
of
that
the
change
stock
1370.
The
-
of handling fuels is
Commission
as
common
underwriting.
electric
to
Susquehanna
in
-
without
the
figure
The
activity
Exchange Commission—
Consolidated Gas Electric Light & Power Co.
an
per-share.—V.
1953
$174,081
35,846
—Proposed Acquisition—
the same number
of the
1954
$150,723
application, the company
the
the
by
j
Book value
17,435.
aggregate.—
$132,817
17,150
railway
fissionable
New
taxes, amounted
$585,438 shown during.
showed
hi
consist
of
,
dependability
into
this
of
*
1954,
be-
proposed
Dec.
thorium-uranium
while
income
on
be
to
operating costs,
the company expects the use of thorium to result in savings.
\
For reasons of- economy, the steam leaving the nuclear boilers will:
be heated additionally in an oil-fired superheater.
This will result in
higher steam temperature and increase the capacity of the plant;
This
■
share
the-
to
are
Kentucky will assume the current
Frankfort, in the estimated amount of
of
income
company
its
In
a
served
building
during
the
from
with 76 cents
preceding
its
Va.)
the
The balance
to
Buchanan,
expense
equal to $1.03 per share on the 775,000 shares*,
as
10
1955
authority
and
...
after
of
notification
(par
°t,
steam
concept,
the
compared
with
W.
outstanding 3%%
33,050
As
company
in
The
$1,764,441
to
activity in the areas
high rate," he added.
preceding year.
provisions for Federal
after
of
stock
Consolidated Edison Co. of New York,
Inc.—Proposed
This
Inc.—Earnings Increaseactivity
area.
to
letter
a
capital and surplus.
Point
22.5%; to $29,181,639 from the $23,821,379
period, the company experienced an
but
of
$25
oper.
nuclear
latter
amounted
during
etc.
Atomic Plant—
.
assets
1953
the
offeree*
Central
railway-
share,
crease
highest
drivers
arsets,
latter's
railway™_
from
Electric
Stone Co.,
truck
with
be
The company on March 17 filed a letter of notification with the SEC'
covering 23,500 shares of common stock (no par) to be offered at $12.50»
$0.26
/•
,i
earnings
current
of
the
at
at
to
par)
dealers and. agents.
Community Life Insurance Co., San Antonio, Texas-
323,960
..
ratio
-construction
rose
(no
"Skimmer Amphibian."
to
liabilities
equal
oper.
ry,
2081.
the
Antonio, Tex.~
notification
of
stock
common
Files With Securities and
$86,016
Dec. 31, 1954 were
per
share of common
$44,111,570
continue
letter
a
filed
of
joined
respect
railway
from
69,266
stock.
1
San
newly issued common stock of
As part of the transaction, Central Kentucky will issue-
♦Deficit.—V.
155,282
$0.18
to
Co.,
without
$528,000.
of
from
from
Net
increase in net
working capital to $2,731,398 from the $2,084,610 shown at the close
of the previous year.
The ratio of current assets jto current liabilities
said
minority
proper
Colorado
s
that
its
proposed
stockholders
is
acquisition
expected
to
of
result
in
the
shares
certain
of
econ¬
performance
of
719.
its
services
to
the
public."—V.
180,
&
Southern
•or
proposed
transfer for Susquehanna's facilities would not
basic character of the contracts ior the purchase, sale,
of electric energy.—V. 181, p. 1075.
...
-
the
interchange
from
railway
railway—
oper. income
from
Net
ry.
From
Gross
Jan.
from
Net
ry.
railway
railway
oper.
181, p.
1954
1953
1S52
$1,073,598
$1,009,214
$1,180,331
$1,252,865
272,945
194,456
345,778
377,598
108,428
78,623
142,499
143,231
2,285,693
2,085,504
2,442,711
2*491,137
income
1308.
The
;
593,626
411,402
773,081
$15,156,557
stock
was
164,793
323,237
253,092
Natural
reports
in
On
split two-for-one, and
Co.—Earnings Up—
Income of $19,636,031
compared
8,
1954 the
company's capital
the 3,683,285 shares then outstanding
net
Dec.
7,366,570 shares.
Expressed
shares, the net income for 1954
J.
a
share
French
earnings
in
Gas
1954
1953.
became
$2.06
^06,673
242,283
company
with
of
1—
from
Net
—V.
Consolidated
Ry.—Earnings—
1955
February—.
Gross
Net
omies, and that it is necessary for Union to issue the additional stock
to provide funds for the purchase and construction of plant
required
pi
of
before
balance
increased
lines
capacity
From Jan. 1—
1953
51,369
"construction
In
1954 net
shares
increase
958.
p.
Net
*
$2.92
metropolitan
income,
The
new
a
Picway
-
$58,107
the
of
Gas.
Net
$41,792,695.
of
p.
the
should
York
The
of
the
is
would
for
-
ending
2.90
180,
high
strike
$801,356,
1953.
2,645-80/^4
additional
purchase
to
distribution
to
working capital,
18
shares
has
the
excess
shares
Gross
year
that
from
1953.
outstanding
proposing to issue.
The application says that Union
pl&hs to offer to its holders a total of 62,419-14/94 shares at a price
of $30 per share and in units of 1/94 of a share at 32 cents per unit.
subscribe
sales
come,,
$1,138,525
Net
in
Columbus & Greenville Ry.—Earnings—
1953,
amortization,
with
installation
transmission
common
used for
(Charleston,
with
acquired.
181,
has
Relations
323,960
or
in
during 1954
in
Earnings
and
for
new
filed
of
February—
$4,562,783
taxes
year
17
March
on
such
of
in
being
"
con¬
tingent upon acceptance on or before April 11, 1955, by holders of at
least 85%
of the 2,645-80/94 minority shares,
^he application says
that Union's
authorized capital stock
consists - of 600,000
$15, par
to
Sand
New
used
of
will produce the
Co.
amount
part
Inc.—Earnings and Sales Decline—
reached
Net sales
the
the
equipment
underwriting. The proceeds
for equipment and increase working capital.
amount
not
to
109,476
share—
discloses
the
years
week
be
$4,794,000
additional shares of its common stock
levels in its history, it was disclosed
on
March 29 by Anthony Pope, President, in his letter to shareholders.
Mr.
Pope also
indicated that present
high volume of
construction
.activity should be reflected in operations this year,During 1955 for
8%
complete
attendant
Insurance
share,
per
and
Columbia
Lester
used
be
1.954
J
net
share
corporation
'
each
'
—
income
Colonial Sand &
has
in¬
$20,000,000
be
300,000
$1
miscellaneous
the
o,f
$4,181,551
the
climbed
reported
end
has
-y,y
shares
to
are
SEC
purchase
and
In
1954.—V.
Colonial
will
March
on
23,500
Gas
$106,012,
stock
Co.—Earnings Lower—
'
:
consecutive
with
Reflecting
Cincinnati Gas & Electric Co.—Proposed Acquisition—
to
and
and
Life
corporation
the
Gross
as
Products
$1,234,338
report
some
This
at
Thir
a
From Jan. 1—
Gross
the
filing of an application!
acquisition by Central
Kentucky of all of the a sets of Frankfort Kentucky Natural Gas Co.;
and the Commission has given interested persons until April 11,
1955,
to request a hearing thereon.
As part of the consideration for the-
property.
to
Director of Public
Bunker. President.
H.
taxes
for
were
31,
company's
since
,/.•
share through its employees, officers,
per
to pay
with
293,231
Dec.
the
company
Columbia Gas System, Inc.—Unit to Expand—
<
the
shares
through
are
,,.
a
the
years
company
corporation
Natural
of
with
preferred
unit
per
outstanding
third
liabilities
1952
$2,449,869
railway
oper.
1954
1955
$2,444,845
February—
"
from railway
Gross
Net ry.
Kelley
Arthur
common
sales
The
year.
average annual plant expenditures
to keep pace with needs of its present
provide the anticipated electrical requirements of
growing area.—V. 181, p. 1309.
The company
180, p. 1534.
$4.24
or
the
increase
$145,000,000
;
covering
ured
exceeded
20,000
of
net? proceeds
improvements
—
per
compares
from
by
shares
Total
Chicago, St. Paul, Minneapolis & Omaha Ry.—Earns.
Net
Lamar
Federal
report.
V
used
construction
estimates
proceeds
SEC
net sales of this compajhy exceeded
$40,000,000, Sheldon Coleman, President, announced in the 1954 annual
9.562.728
4,845,218
181, p. 1439.
be
$7,200,00
company
offered
tne
exemption
notification
—
Earnings
-
of
income
the
to
Colonial Aircraft Corp., Deer Park, L. I., N. Y.—Files
and
Co.
sale,
of
four shares
of
The
Nev.
for
letter of
a
preferred
of
in
common
provide
profit
For
Spend
$10,500,000 will go for additions
plant, with bulk of this allotment
generating
to
for
covering
water
34,872,497
to
Columbus.
fastest
$12.50
The
1,958,300
34,422,092
To
—
1308.
filed
15
offered
Las
Coleman Co.
28,480,110
29,325,489
6,154,388
6,524,951
2,622,160 ' 2,516,186
for
will
equipment
generator
improvements
and
Poston
The
SEC
at
the $16,673,account during
income
the SEC
before
respective
the
at
shares
be
sales
Earnings
planned
expenditure
and
During the past nine
generating capacity 175%.
Community
sale of its public utility in¬
the public utility interests
under terms of the Public
Arkansas
Year Ended Dec. 31—
Net
Co.
Files With SEC—
...
pending
now
Aluminum
Common
plant
yy.;'''
Ohio's
Total capital expenditures for expansion of
on
to
announced
before
-
,
Electric
II.
,
received
Service
but was credited direct
sold
sold.
were
1954.—V.
loans and
Net
Ohio
originally
construction
estimated
Mr.
1
-
expansion
for
necessary for this
customers and to
than
more
of
kilowatt
lines;
$100,000,000 profit, including
not
was
80,000
share
Club
Southern
&
south of
An
Mr. Kelley, for the past 10 years manager of the Public Relations
Department of Allegheny Ludlum Steel Corp., Pittsburgh, Pa., will
join the Climax organization immedi/ately.
He will be in charge of
the company's public and industrial relations and will assist in the
development of advertising and sales promotion.—V. 181, p. 4.
• 1355
1954
1953
1952
$14,077,330 $13,569,198 $14,639,038 $15,663,966
1,148,748
836,090
1,358,123
1,373,818
*501,248
*907,669
*110,430
*32,487
income—
railway
from
y
New Construction in 1955—
War
stations
of earning power which the utility sales occasioned was
offset, however, in the 1943-1954 period by the growth of
stock
one
been
From Jan. 1—
Gross
59,408
its
Net
1955
1954
1953
1952
$14,009,982 $14,517,194 $17,003,786 $17,348,960
3,034,305
3,412,680
5,476,977
4,861,400
railway
from
107,727
cellaneous
of
LaFortune
repay
1308.
•
-
82,424
revised
Plant
1308.
Chicago, Rock Island & Pacific RR.—Earnings—
February
83,585
improvements
($9,200,000 in all)
1935.
$100,000,000 was realized by Cities
properties. No tax was payable
sales were mandatory and in compliance
The
computed
covering
Provision
,
income—
1308.
outlays
100,000
Holding Company Act, except with respect to.
subsidiary.
$813,173,602 in
Net
181, p.
175,745
and
Citizens Natural Gas Co., Inc., Las Vegas, Nev.—Files
L.
'
'Deficit.—-V.
568,407
275,530
p.
World
per
from
from
614,368
163,785
Of the amount to be spent this year,
*
than
SEC
From Jan. 1—
Gross
Kct
459,094
193,740
on
creased
were
The corporation
42,709,557
1201
pp.
February—
from
553,771
amount
of
the utility
of
the
and gas operations.
;
i'f'
railway—
oper.
The
the
Cities Service oil and gas business during the period were $890,743,000.
While the utility earning power was being lost, total gross operating
income from oil and gas sales increased from $181,113,000 in 1942,
1,195,237
7.900,943
the
total
-
disposed of in 1954. The only remaining Cities
is Dominion Natural Gas Co., Ltd., operating in Ontario,
and
loss
The
oil
to
41,003,756
Co.
$17,000,000.
more
93,438
32,631
:y; ■
This company will spend $22,000,000 in
1955
on
new
construction
on
expansion of present facilities, J. B. Poston, Chairman and
President, announced on March 30.' This is an increase of 10% over
the
of
interests
Chicago & North Western Ry.—Earnings—
Net
57,984
and
-
Climax Molybdenum Co.—Director of Public Relations
Gross
38,759
$293,172
1-■
Columbus
Act of
exceeding
sale
1954,
Appointment
'
46,861
1952
-
railway—_!L—
181,
More
utility companies resulted in the reduction of the Cities
Service system's annual gross operating income by more than $172,000,000. The annual net income of the utilities, applicable to Cities Service
progressed.
35,276,123
3,416,834
the
utilities
Canadian
Sale
in the
1,389,998
—
the
is
Cities Service from the
co-
5,287.088
36,044,848
railway—„
from
Application
common
railway
in
Service
Canada.
From Jan. 1—
Gross
time
because
Service utility
MONTHS
1,524,907
380,037
622,297
income—
first
orders of the SEC.
Gas
consolidation
be
will
FIRST
profit
Twenty-five
1955
1954
1953
1952
$17,581,999 $17,778,575 $20,356,840 $21,184,594
2,577,765 ' 2,368,757
4,217,925
3,511,343
railway
railway
raUway
from
feasible,
FEBRUARY
February—
Gross from
consideration
thorough
for
directors
the
for
profit
from
received
077
effecting economies.
Upon completion of the studies, the
recommendations
will be
presented
to the
respective
coordination
<?
-
or
supervise
Share Net in 1954
a
long-term
atid
the years that the properties were
corporate surplus of the company.
of
Western
ry.
from
—V.
peak
$185,275,000
of
corporate
this
on
is
directors
North
Net
v'
•. ■.
...
$3,142,648, represents the excess of debt retired
disclosed
proceeds
A
better than two to one.
the Milwaukee Road and the Chicago
each appointed a committee of directors
liabilities
of
boards
from
837,229
v.
1
Utility Holding Company
during
current
to
147,572
and
Service Co.
most of the year.
Freight revenue
/nowed a decrease of $17,878,799, or 8.3%.
Passenger revenue showed
decrease of $1,755,457, or 10.5%.
Railway. operating expenses of $199,410,604 showed a reduction of.
C 18,733,155. or 8.6%, compared with 1953.
Net railway operating
ir.cCme of $14,568,518 showed a small de¬
crease of only $95,170,
or. $0.6%.
The cash position continues to be strong apd the ratio of current
The
Net
company
all-time
an
liabilities
current
all
Jones
total
available for the preferred stock were equivalent to
(3.17 per share, and for the common stock, $1.67 per share.
Gross operating revenues of $237,744,639 showed a decline of $22,J: 5 552
or 8.5%,
compared with 1953, reflecting the decrease in car-
carets
Gross
terests during the 1943-1954 period. Sale of
was
in compliance with orders of the SEC
the
f 'ro year 1953.
The earnings
which
1953
$309,163
72,351
'
income—
oper.
2,131,976
new
Mr.
''
•
loadings
1954
$219,910
106,488
which
of
reached
and the balance,
financing.
year,
abrupt and severe decline in traffic which
j Foisted during most of 1954, net income far that year, after fixed
t,nd contingent
interest charges and appropriations of income for
j
Jung funds, amounted to $9,140,798, compared with $9,253,013 for
Notwithstanding
capital
property
over
P. Kiley, President,
report to stockholders, said
Chairman of the Board, and J.
T^eo T. Crowley,
ry.
1955
$291,840
railway—
7,109,659
for investments,
additions and replacements
facilities aggregated $105,000,000. These expenditures
were made without increasing long-term debt, which was reduced dur¬
ing the year by $65,418,648. Of this reduction, $62,276,000 represents
the elimination of debt of the two utility companies sold during the
of
1308.
p.
this
$10,000,000.
Capital expenditures
7^7.719
278,385
income—
oper.
3,322,536
3,435,862
ss from railway....
-A, from railway
J c*
from
Net
of $315,278,048, an in¬
$49,020,471 over 1953. This includes cash and government
of $228,353,323, which increased $22,296,479.
assets plus the quoted market value of a stock investment
of
crease
of
earnings
$60,397,240,
were
Working
Jan. 1—
Cf
}
183,423
141,775
income..
oper.
Net
353,269
and subsidiaries in
$43,724,163 ■ was net income and
$16,673,077 was consolidated profits from the sale of the remaining
Cities Service domestic utility interests, W. Alton Jones, Chairman of
tne Board, reported to stockholders on March 18.
The total earnings of $60,397,240 were equivalent to $15.23 per share.
The net income of $43,724,163 was equivalent to $11.02 per share in
1954, as compared with net income of $50,720,779 or $12.79 per snare
in 1953 on shares outstanding Dec. 31, 1954.
Consolidated gross income in 1954 was $826,325,93<Gcompared with
$845,940,982 in 1953, these amounts reilecting the efintjinat.on of the
gross earnings of utilities sold in 1954.
{/^
Earnings were adversely affected in 1954 by more severe proration
in
the oil producing states, reduced
tanker charter rates and lower
prices of refined products, Mr, Jones stated in a message to share¬
holders in the company's annual report.
consolidated
Total
--
;
1953
195.4
1955
February—
from railway
Gross
l et ry.
Wyoming Ry.—Earnings—
railway
From Jan. 1—
■.
C-fies Service Co.—Earned $11.02
from
1,049,304
7,468,166
2,652,549
1,180,082
2,213,452
from
Gross
1308.
Chicago & Illinois Midland Ry.—Earnings—
v
1,304
618,759
&
February—
:
railway—
oper.
ry.
—v.
Colorado
1^>2 '
$3,675,080^, ^568,653
■
■
railway
from
1953
1954
$3,467,748
1,297,834
575,351
557,487
income—
oper.
From Jan. 1—
5,830,995
1.331,544
635,943
2,684,093
1,570,058
630,823
railway
♦Deficit.—V.
ry.
Gross
railway—
from
from
291,000
from
Net
1955
$3,246,325
1,213,741
railway—
from
Net
1—
Jan.
Net
Gross
$405,678
from
h
February—
1952
1953
$2,549,209
Gross
ifPe£
-Cincinnati, New Orleans & Texas Pacilic Ry.—Earns—
—
3954
1955
February—
,
sales
-was
■
for
in
is
teims
$2.67
a
of the larger number
r.hare compared with
1953.
Robinsorr, President, reports that the improvement in
principally due to the progress made in securing increases
needed
to compensate for
higher costs, particularly
rates
Volume 181
Number 5417
The Commercial and Financial Chronicle
...
the higher cost of gas purchased.
Earnings reflected the first full
year's benefit from important rate increases obtained in 1953, as well
as
the partial benefit from increases obtained
during
1954.
Other
important
factors
contributing
to
the
higher
earnings
were
the
colder
weather
the
of
during
company's
The
volume
381,746
increase
of
year.—V.
total
the
and
for
from
number
of
the
Friedrichs
end
the
at
1953
year,
W.
an-
E.
Hutton
Illinois
to
U.
S.
Railroad
representative
at
134
No.
Salle
/;■
this corporation has been
of
name
Co.,
Edward
Fund, to be devoted to investment in
securities.
The office of the Fund is located
St.,
Chicago
111.—V.
2,
181,
Consolidated
Natural
of. Vkr/a
Gas
debentures
Co.—Partial
due
1976
Kay,
notified
shares
Television
of
W.
tion
issuance
and
bentures
date
of
other
or
net
to
exceed
indebtedness
thereof.—V.
additional
an
maturing
$25,000,000
than
later
the
C.
one
Langley
C.
Legg
Manley,
E.
A.
de¬
&
ner
Co.
above.—V.
181,
' VV'.""''':
744,
p.
W.
derwriting group of 173 investment banning firms and
jointly by Lazard Freres & Co. and Harriman Ripley & Co., inc., on March 29 made a
secondary
offering of 464,700 shares of common stock (par $5) at
$58.75 per share. This offering was oversubscribed and
The
the
do
constitute
not
will receive
company
of
none
financing
new
the
by
proceeds
from
Corning
the
Glass
sale.
Mr.
and of estates
and trusts of which the two
approximately
Amory Houghton
advisable
in
Flexibility
the
light of
the
in
the
various
constitute
to
the
most
the
of
shares
where
Corning
holding."
dividends
quarterly
25
Jackson
Harold
181,
E.
Wurts,
Dulles
Yarnall,
Wood
&
&
750
Co
750
Co
Biddle & Co.——
12 Months Ended
1,000
2,000
Operating
Feb.
28—
and
taxes
24,382,098
operating
Other
income
revenues.
—
—
share,
income
Interest,
or
___—
Preferred
stock dividend
.80
—V,
p.
the
Sales
tion
Dec.
on
the
of
24,
same
Glass
1936,
York
New
a
by the consolidation of
and
name
Works,
Macbeth-Evans
corporation,
New
a
Glass
Co.,
York
was
corpora¬
Pennsylvania
a
corporation.
The
is
engaged primarily in the
manufacture of glass
products having special qualities of chemical stability, electrical re..sistence, light transmission and mechanical strength, and technical
:glass products designed to comply with specific requirements of fabri¬
company
cators
fied
in
other
■technical
flat
•or
industries.
electrical
as
and
and
The
company's products
electronic
other products;
products,
broadly
are
products,
consumer
1.494,566
$6,380,495
AS
OF
JAN.
21,
1955
income debs., due Mar.
•Cumulative
3,/2%.
pfd.
stk„
($100
1,
par
2002__
$5,073,397
43,000 shs.
series of
Common
stock
this
$10,000,000
value)
series
3 h %
1947
($5
par
amount
35,080 shs.
'.
45,000 shs.
shares
6,647,520 shs.
reserved
are
1,016,379
for
-"
the
for
President
of
merger
issuance
to
em¬
Hazard
A.
C.
Freres
&
Co
19,100
Ripley & Co., Inc. 19,100
Allyn
Co.,
&
Inc.—
5,000
.American
Securities Corp.
Arthurs, Lestrange & Co.
J.
L.
5,000
1,000
Dain
M.
R.
Crouter
Bache &
2,000
Dick
2,000
R.
1,500
Dillon,
1,500
corporation
March
on
and
Weston
of
Terms
stock
the
Messrs.
merger
Jones
and
stated
that
the
merger
Weston
of
1,500
Doollttle
;
Baird & Co., Inc.
Baker,
Watts
Baker,
Weeks
Ball,
■J.
Bear,
A,
&
Co
&
Co
Burge, &
Barth
Kraus
Blair
&
Blunt
expansion of products
Blyth
Co.
Inc.
Inc
Boettcher
Co.
C,
Alex.
Co
Bonbright
Bradford
&
&
&
Campbell,
McCarty
Winslow,
Richard
Coffin
Inc.
&
Burr,
Collins
&
Courts
&
Crowell,
Estabroolc
&
Clement
Deetjen
Guerin
Ferris
First
Folger,
750
of
&
Co
Co
House & Co
&
Co.,
1,500
7,500
Corp.—_
1,500
B.
Hibbs
1,500
Marshall
Reid
Alester G.
&
—
Co
&
Sachs
&
Inc.
Co
&
1,500
1,500
Co._
Co
7,500
:
1,000
3,000
Green, Ellis & Anderson.—
1,000
Marache
&
Hallgarten & Co
!
Hallowell, Sulzberger & Co.
Hayden," Miller & Co
HemnhiU,
Stone
Noyes
Hent'z* &
1,000
H.
1,000
Henry
of
1954 was
$26.65 per share while
1954 listed
p.
a
Y.—Voting Trust Agreement—
registration
statement
voting trust certificates
28,
Inc., Camden, N.
J.—Registers With
Securities and Exchange Commission—
This investment company filed
its registration
181,
an
covering
statement
stock.—V.
common
5,000
750
1.000
Delaware &
February—
from
Gross
Net
from
p.
an
1954
1953
1952
$147,232
$171,893
$131,720
65,746
39,732
65,657
19,03a"
33,136
22,163
38,774
11,019
337,806
285,557
322,628
273,423
109,845
67,140
113,332
47,660
56,862
39,146
61,142
25,883
.
income—
(& Subs.)—Substantial Pick-Up m
Earnings Seen for 1955—
Year—
products
'
1954
administrative
Other
860.
2,424,542
3,062,440
long-term
on
interest
&
taxes
369,303
Federal
excess
debt
income
profits
32,297
$3,320,298 $13,527,791
1,987,000
1,657,570
miscellaneous
on
76,833,567
$2,950,995 $13,495,49*
——
;
Federal
deductions
222,108
Cr3,145,000
j.
—
6,255,000
Cr485,000
(estimated)—
tax
485,000
27,690
Refundable taxes
resulting from replacement of
first-out inventories—————
last-in,
Provision
to
for
future
five-year
tax
Cr6,338 ^Crl27,737
attributable
taxes
being
deducted
for
only
3,565,000
profit
$1,182,528
Common
shares
Earnings
per
M.
income
amortization
purposes
Net
outstanding
improvement
in
$5,230,259
2,419,017
—
share.—
common
2,419,017
$0.49
both
sales
and
earnings"
$2.10
the way
Zivian, President, sized up the outlook for this, corporation la
in the company's 1954 annual report, mailed to shareholders ou
J.
1955,
with
'.
order
through
stated
first
backlog
He
June.
of
crease
is
18.
Zivien
that
the
operating at a rate of 85%
50%
quarter
for
company's
basic
of its expanded
sheet,
strip,
rod
steel
:
,
Is currently
1,290,000 tons,
products running
and
wire
estimated
first quarter sales at $22,000,000,
the previous quarter and 85% greater than
1954.
over
of
■
plant
capacity of
in¬
an
in tho
Discussing
the company's "cash generating potential" Mr. Zivlarx
"the amount of cash generated from operations (sometimes called
profit) is often more significant than the traditional net profit.'*
For .1955,
for example, Detroit Steel's "cash profit" will aggregate
approximately $9,500,000, exclusive of net profit. Such an amoune
would
be sufficient,
he continued, to permit the payment of cash
said,
ca$h
dividends
is
in
reasonable
relationship to net profit as soon as the com¬
loan to the Reconstruction Finance Corporatioa
first mortgage
pany's
refunded.
Ziviari said
the
distributing
such
financing may be possible this year. He added
tangible plan is developed within the next few
will follow its previously announced policy 01
earnings to shareholders through the payment of stoc'a:
"Unless
months,
dividends
additional 596,857 shares of its
$93,391,509
expenses
,
income
Interest
-
1953
$51,688,448
—46,312,911
sold
Total
on
some
company
a
The balance
amendment on March 25, 1955, to
semi-annual
sheet
as
ties of $21,703,745 and
liabilities
31
in
are
of
basis."
Dec.
31,
1954 lists current assets and liabili¬
$10,712,727 respectively. Included in the current
first
mortgage note payments due in
the amount of $4,680,000.—V. 181, p. 860.
Net
ry.
1955
railway
oper.
Detroit, Toledo
Hudson RR. Corp.^Earnings—
*
railway
income
$4,039,571
1,122,531
628,641
1954
$3,848,717
644,035
329,848
1952
from
3,000
Gross
5,000
Net
from
1,500
Net
rv.
&
Co
1,000
—V.
181.
railway
railway
income
1202.
oper.
n.
&
February—
1953
$4,332,933
1,108,968
$4,611,773
856,736
Net
from
752,461
470,925
Net
1955,
starting Jul'/
ry.
Gross
RR.—Earnings—
1955
railway
railway
oper.
Ironton
income
—
1954
1953
1952
$1,682,692
from
$1,682,726
643,283
318,186
$2,069,078
541,089
207,857
$1,697,535
67.9,00J
295,621.
3,528,004
1,306,726
642,910
3,995,476
1,161,002
451,349
3.298,055
1,017,308
419,853
707,594
383,416
From Jan. 1—
Prom Jan. 1-r-
Co
Co
Co
Herrman
Other
Mr.
&
&
of
that
Fund,
$2 5£
1309.
Selling and
815.
Delaware
510,140
Ry.—Earnings—•
sales
March
with the SEC on
relating to the 50c
par capital stock of Decca Records Inc.
which may be deposited pur¬
suant
to
the terms of voting trust agreement dated Nov. 22,
1954.
Milton R. Racmil, President of the corporation, is trustee under the
voting trust agreement.
According to the prospectus, there are out¬
standing 1,602,501 shares of Decca Records Inc. capital stock, of which
75,200 shares have been deposited with the voting trustee.
The pro¬
spectus is for use by any shareholder who wishes to become a party
to the voting trust agreement; and this registration is of any number
of the voting trust certificates which may be issued upon the deposit
with the voting trustee of the same number of shares of stock.—V. 180,
corporation filed
1955, covering
This
614,590
$182,035
Detroit Steel Corp.
Mr.
March
$1,292,819
508,446
income—
"Substantial
181, p. 1309.
Decca Records, Inc., N.
$500,872
609,770
'* 1955
opeii
Calendar
'
•
1954 net worth of Weston was reported as $11,410,900
Daystrom's unaudited figures showed a net
worth of approxi¬
mately $20,900,000.—V,
;—4L
,
7,000
Co.
Hayden,
and
'
$0 99
railway
railway
181, p.
for
the end of
1,000
J
Furman Co.,
Forgan
Granbery,
750
Co.—
Inc
Goodbody
1.000
1
Corp.—
Michigan
&
the end
1954 fiscal year ended March 31,
$32.24.
2,677,819
1,385,000
537,000
share
Balance
750
Goldman,
750
&
Boston
Nolan-W.
Co.,
Foster
Glore,
1,000
2,000
Co
3,000
Co
First
Fulton,
750
750
—
Chapman
&
The
1,000
1,000
5,000
750
Farwell,
&
1,500
Corp.
Inc.
1,000
Co
750
Co
1,000
Inc
&
7,000
—
Turner—
Evans
A.
3,000
Co.__
&
&
5,000
Co
Co
Weedon
&
Securities
&
Co._
Cruttenden
Curtiss,
Equitable
750
&
Julien
Eppler,
;
&
Cooley
Emanuel,
Co.
West
W. "Clarke Corp.—
&
5,000
—
Inc
Dodge
Clark
W.
1,000
Co.
&
2,000
1,500
'.
E.
Eastman, Dillon & Co.
Eddy Brothers & Co
Elworthy & Co
5,000
& Co.
Whiteside,
Clark,
du
1,500
Co
Sherrerd
Inc.
Chace,
Co
I.
Co.,
Sons
Slocumb
Butcher
&
1,000
&
,
Brush,
1,000
b,000
Francis
&
—
Sullivan
Brown
Co
Pont
At
5,000
Co
1,500
,,
Inc.
J.
&
at
value
>.
-
19531
1048.
*Sales and
7,500
Dominick
&
&
1,500
Inc.
Inc
1,500
—
Inc
B.
Bosworth,
Drexel
Co.
&
7,000
Co
Simmons
and
D.
Read
3,000
Co.,
Dreyfus
5,000
—
&
&
-&.:*Go.,
Oeorge
1,000
&
ry.
marketi.
and
ording instruments with numerous applications, flight instruments
aircraft, sensitive relays and photographic exposure meters.
book
-
1,037,872
outstanding
common
oper.
Net
products include high fidelity audio equipment,
at
''
$32,486,299 $37,403,354r
—
from
—V.
Daystrom, founded in 1892, has six wholly-owned operations in the
electronics, printing equipment and furniture industries. Its electronic
value of Weston
and Vitro
This would
Subs.)—Earnings—
taxes--——
_•
railway
railway
from
^
Merle-Smith
Dickson
5,000
Co
&
Blair
Ellis
1,500
—
&
S.
Gross
Cost
Daystrom's report for the
Y„
reactor to produce
power
taxes
from
ry.
Net
for
utilizing nuclear
From Jan. 1—
and allied equipment.
Weston has for many years been a
manufacturer of electrical instruments.
The merger would
permit use of each company's engineering and research groups, dis¬
tribution outlets, as well as providing knowhow and increased manu¬
facilities
atomic
_________
p.
Net
leading
Pan-
1,000
Co
&
Co
Co.
William
coast
&
1,000
&
Becker
&
Robertson
1,000
Stearns
G.
Bioren
,1,500
Co
&
Williams
Baxter,
Co
&
Dewar,
177,
from
into
Daystrom will produce mutual advantages.
Daystrom's activities have
been
increasingly devoted to the electronic and electrical field and
the Elizabeth, N. J. firm now has approximately 55%
of its sales in
facturing
an
1
paid
per
Net
Weston.
Mellen
N.
of
1954
Detroit & Mackinac
call for the issuance of one share of Daystrom
of
of
(&
income
income
shares
Net
share
of
been
profit
Gross
1955.
each
for
Book
750
—_
use
February—
Electrical
by Thomas Roy Jones,
29
of
16,
May
E.
generators.
30—
Federal
Common
separate meeting of the stockholders of each" company will be called
for
Townsend,
Bodine.
&
Domlnick
Co
Whipple
750
1,000
—
Dempsey-Tegeler & Co
3,000
Bacon,
Co
Co
&
&
Auchincloss, Parker & Redpath
Robert W.
&
Day
DeHaven
turbine
Federal
Earnings
Consolidation—,,
on
do-it-yourself electronic
ployees of the company pursuant to stock purchase .options, free";
.'•kits under the Heathkit. label, electronic gunfire
control equipment,
from preemptive
rights, options having been granted covering 85,000
miniaturized
controls
for
guided missiles,
and other electrical and
^shares.
;•
r".
v •
•
""electronic equipment" for military and commercial purposes.
i
UNDERWRITERS—Each of the underwriters, for whom Lazard Freres
Weston, founded In 1888, has its main plant and headquarters in
A Co. and Harriman
Ripley & Co., Inc., are acting as representatives,
Newark, N. J. The company manufactures nearly 900 different varieties
Has severally agreed to purchase the
aggregate number of shares set
of electrical measuring .'Instruments and
electrical testing apparatus
opposite its name below:
and related equipment.
Its products include electrical indicating in¬
Shares
Shares
struments, non-electrical indicating thermometers, controlling and rec¬
Harriman
through the
drive
before
for
Dividends
Daystrom, and Earl R. Mellen, President' of Weston. The
plan is subject to formal approval of the agreement of merger by
directors and stockholders of both companies.
It is contemplated that
a
Arvin
'
this
Corp. were announced
George Rincllffe,
.
.
.'••'V
Daystrom, Inc.—To Vote
R.
Vice-President;
'
758,935
vv
■
41,680 shs.
*7,500,000 shs.
value)-:
250,000
requirements for period
1075.
include
as
'
electronic
Outstanding
$10,000,000
.———
Co.,
1,459,299
—
'•
"
Instrument
and
they do not include ordinary containers
Authorized
"■Of
l-:
classi¬
glass.
CAPITALIZATION
3%%
181,
Plans
BUSINESS—Corning
to
Sept.
products
of
Prov.
$6,532,696
—V.
"
stock.
•common
formed
company
income
time
same
Electric
thermal-elec.tric generating plants.
Ended
Net
Net
share.
during the year ended Jan. 2,
1955 amounted to $147,938,842 and net income to $17,490,191,
equal to
.-$2.59 a share (after preferred dividends) on the presently outstanding
■
Year
139,515
$7,875,061'
——-—
deductions
etc.,
currently are'paid on the common stock. In 1954 divi¬
equivalent to $1.20 a share were paid on the presently out¬
standing
common
stock,
including
a
year-end
extra
dividend
of
EARNINGS—Net sales of
the
LeBoeuf, Lamb and Leiby, as Secretary; Edward
Detroit Edison, as Treasurer, and Alton P.
Donnell of Vitro
;
annually,
a
at
of
cooperating in this research pro¬
Manufacturing Co.; Atlantic City Electric
Profit
dends
cents
elected
Philadelphia
Corp.; Southern Services, Inc.; The Toledo Edison Co.; United
Engineers & Constructors, Inc.; Wisconsin Electric Power
Co.;
and
Wisconsin Power and Light Co.—V. 181,
p. 5.
$6,393,181
47,857
——
continues
a
of
partner
22,077,278
$7,827,204
——
eight
as
laws of New York and offices will be
maintained in New York
officers
Detroit Harvester Co.
Net
well
Electric
$32,209,302 $28,470,459
revenues
Operating expenses
deemed
as
Jackson & Moreland; Long Island
Lighting Co.; New England Electric
System; NEGA Service Corp.; New York State Electric & Gas
Corp.;
Niagara Mohawk Power Corp.; Philadelphia Electric
Co.; Potomac Elec¬
tric Power Co.; Public Service Electric and Gas
Co.; Rochester Gas and
1954
1955
-
systems
power
Bendix Aviation Corp.; Boston Edison
Co.; Central Hudson Gas &
Electric Corp.; The Cincinnati Gas & Electric
Co.} The Cleveland Elec¬
tric Illuminating Co.; Commonwealth
Associates, Inc.; The Connecticut
Light & Power Co.; Consolidated Gas Electric
Light & Power Co. of
Baltimore; Consumers Power Co.; The Detroit Edison
Co.; Ford Motor
Co.; General Public Utilities Corp.; The Hartford Electric
Light Co.;
Dallas Power & Light Co.—Earnings Increase—
;
the
Co.;
5.000-
1309.---
p.-
electrical
Other, companies which have
gram include: Allis-Chalmers
—
Energy Unit—
new
the steam
Mc-
&
Co
3,510,400
1,532,352
2,291,684
1,983,483
engineering, manufacturing and research.
be accomplished
1,000
&
1,000
&
&
2,249,372
1309.
1.500
7,000
Douglas
Witter
Dean
and
7,000
Evoy
1,500
Co.-i.W-—
Jaffray, & Hopjvood
Piper,
Winslow,
2.000
744
5.000
Co
&
Co._
White, Weld & Co
1.500
Co.—
Co...
income— *
The
5,000
and
additional
stoek
cents
750
.
12,438,409
Babcock & Wilcox Co., Consolidated
Edison Co.
Corp. of America, has been working on the problem
heat in the operation of
7,000 !
Corp
Co..
&
13,311,801
3,818,444 V 5,217,327
Corp. of America and Detroit Edison, as General
Manager.
The group of 33
companies, whose members from New York include
3,000
Co
&
Lerchen
Wertheim
5,000
Peet
Gross
of
Watling,
1,000
Co
Webber,
O.
Walston &
3,000
i.
&
Walker
H.
994,762
11,177,375
investor-owned
Spencer of
3.000
Co.
Securities
Union
G.
750
group.
was
secure
Glass
1,500
1,140,164
11,379,502
Power
President
2,000
Corp
&
1,05.2,452
2,205 259
Detroit.
Upton,
Tucker, Anthony & Co
Curtis
trustees;
this
by
shares
the
Cook
3,000
—
Trask
1,150,376
railway—4,255,134
pp.
25
Other
Co.,
Spencer
1952
$6,526,422
2,583,516
$6,434,020
1,954,055
railway.—
involved in
under
and
Inc..
American
1953
$5,451,801
2,158,104
corporation was made by Walker L. Clsler,
President of Detroit Edison Co., who was elected
President of the new
corporation on March 25. Charter for the new
corporation was granted
1,000 *
&
RR.—Earnings—
1954
$5,626,791
Announcement of the
Mc-
1,000
&
Son
Northwest
&
——,
7,500
firms
750
——:
7,000
_
include
750
Included
are
men
owned
"sale of
present tax structure to
trusts
important
DIVIDENDS—Regular
;$1
12%
stated that the
Inc.
Swiss
—LI
Paine,
H.
tne shares being sold are a portion of the holdings of Amory
Houghton, Chairman of the Board of Directors of Corning Glass,- and
.Arthur
A.
Houghton, Jr., a director of the company, several close
xelatives,
1,000
750
————.
Co.,
•3,189,200
1,563,606
Development Associates, Inc., a new nonprofit cor¬
has been formed
by 33 companies which have been coop¬
erating in atomic power research under a contract with the
Atomic
Energy Commission, it was announced on March 28.
The companies
750
,
Corp.—
Yeatman
Western
1955 "
Detroit Edison Co.—New Atomic
Securities
&
Rio Grande
Income.,
oper.
181,
Atomic
7,000
Suplee,
1,544!668
poration
1,500
Co
Co.
Webster
Stroud
1,000
Co
Newbold's
Ohio
&
Blosser
&
1,500
Beane—_
Newhard,
.among
aggregating
Co
&
Boyce
DOWOU—
3,000
Leonard & Lynch
Pacific
closed,
shares
Co.
ry.
—V.
1,000
Corp.
Co
Turben
H.
The
Stone
Straus,
&
from
Net
3,000
Co
&
Co._
1,000
Inc.——.
&
&
1,115,890
1,000
Co.—
&
Securities
&
1,500
Stanley & Co
Moseley & Co
—V.
.
Marks
Newburger & Co
dealers headed
the books
1,000
Co
un¬
Stetson
Stix
Staats
Lauer
—
Morgan
S.
Brothers
Lynch, Pierce, Fen-
Moore,
Budd
M.
Hasten
Merrill,
F.
Bros.
Stern
—
Co..
Bennett &
Merrill
Stein
1,000
Co.
Net
7,000
7,000
'2,278,695
.,917,617
income.-
oper.
1,500
Co
&
15,231,142
1202.
p.
from
3,000
3,000
Stern,
ry.
5,000
1,500
Co
&
Mason-Hagan,
181, p. 859.
Corning Glass Works—Stock Sold—A nation-wide
&
&
McDonnell
Co.
Smith, Barney & Co
7,000
McDonald
&
Co
Starkweather
772,080
14,238,703
3,147,724
From Jan. 1—
Gross
,1,000
F.
&
—
McCormick
Hammill
Shields
R.
741,319
13,026,814
436,153
railwajTj.,
oper.
181,
Net
750
v.
Co.
5,000
Co
ry.
Denver &
1,500
&
William
1,585,845
12,801,963
2,335,568
February—
from railway^
Net from railway
Mason,
&
1952
$7,498,435
1,493,899
income—
Gross
3,000
Co
&
5,000
fthoades
from
Net
&
:
Smithers
1953
$6,794,618
1,078,149
551,327
1,500
Scranton
S.
1954
$6,296,501
1,087,200
railway
5,000
Shearson,
750
Net
1,000
Co
W.
&
from
—V.
Shuman, Agnew & Co
Singer, Deane & Scribner—
&
Irving Lundborg & Co.—__
Continental Diamond Fibre Co.—To Sell Certain Assets
See
&
Loeb;
Horner
RR.—Earnings—
1955
$6,242,244
railway
r?v oper.
Gross
3,000
Co
&
&
Inc.
750
& Co
Corp.—
&
11
From Jail. I—
1,500 "
1,500
2,000
Mosle
Chas.
7,500
.
Net
750
Co. Inc.
Inc
Rothschild
Scott,
7,000
—2
Brothers—.
M.
Co.
after the
year
Co
Co.——.
*
Higginson
Carl
crea¬
of
1,000
7,000
Lehman
Continental Can Co., Inc.—To Increase Indebtedness—
approving
&
Co
&
Hollister
Inc.———:
F.
1,000
:
Co.
Schwalbacher
2,000
Co
Laurence
on
Inc.
Co.
Co
Thalmann
and
John
Broadcasters, Inc.—
preferred stockholders will vote April 18
750
Co.
March 22 by Reynolds & Co. at $25.50 per share, with a
dealer's discount of 75 cents per share.
It was over¬
subscribed and the books closed.—V. 180, p. 2394.
The
&
&
Peabody
Ladenburg,
secondary offering of 10,000
(par five cents) was made on
stock
common
Radio
&
Co
&
&
Gardner
from
NeMrom railway—
1,500
Schoellkopf, Hutton
Pomeroy, Inc
.W
3,000
.Company,
Loeb
Laird
Lee
Offering—A
&
Kidder
Kuhn,
$500,000 principal amount of the debentures have been called: for
redemption for the sinking fund on May 1, 1955 at 101.38%, plus
interest.
Redemptions will be made at The First National
City Bank of New York, 2 Wall St., New York, N. Y.—V. 181, p. 1309.
Consolidated
Jones
Kirkpatrick-Pettis
that
accrued
Secondary
1,000
Richards
M.
Kidder,
Redemption—
being
are
L.
Gross
3,000 :
Co
Rotan,
&
:
D.
Kalman
958.
p.
Inc
Space
&
&
&
Co.—
Lackawanna & Western
February—
1,500
Robinson-Humphrey
Co.,
1,000
Lane,
&
uciaware
Co.,
Co
Kendall
Riter
750
Co.
&
,
&
Reynolds
The
Johnston, Lemon & Co
changed
A.
Holders
5,000
2,000
Corp.
Securities
railroad
La.
Co—____
Inc
Co.
Pressprich
Reinholdt
Indianapolis Bond & Share
Johnson,
Corp.—Changes Name—
It is announced that the
»„
&
The
W.
Rauscher, Pierce &
3,000
the
&
—
Pyne,
Co
Shepard
Putnam
750
—
&
the
Janney
Culver
R.
Hum¬
&
Inc.^.
Hutton
Inc.
750
of
55,000
1309.
p.
F.
Prescott,
Co.—_
&
for
77%
or
of
E.
the
1,000
5,000
-
Labouisse,
Applegate
phrey,
to
by
the
of
775,OuO,
increase
an
in
served
Son___
Weeks
&
Weil,
Howard,
Hulme,'
MMcf
customers
Approximately
househeating,
Hilliard &
B.
Hornblower
growth1
continued
367,160
of
1,014,000
customers.
gas
181,
increased
The
1954.-
22,000
use
months
Shares
J.
j.
,
sales
gas
in
reached
company
customers
heating
business.
of
MMcf
the
(1559)
8,274,215
2,231,719
1,213,719
7,767,736
1,182,749
549,444
8,724,291
2,117,651
1,459,395
1"
»
9,753,250
Gross
2,076,427
Net
from
1,030,228
Net
rv.
—V.
from
railway
railway
oper.
181,
p.
income
1309.
*
3,310,102
1,440T,913.
782,333
12
(1560)
The
Detroit
Net
ry,
RR.—-Earnings—
Quarterly Sales and Earnings Decline—
1952
1953
1954
1955
Net
$695,974
•
$779,481
$684,660
338,514
$754,568
419,8c0
321,621
Mr.
105,802
98,474
139,545
103,743
1,507,094
1.425,002
1,574,071
months
1.391,075
from
Net
Net ry.
—V.
'
750,678
railway--.:—-
income—
oper.
181,
691,368
831,062
2G2.388
215,618
Stirlen
&
had
208,242
Net
Raynolds Co., Inc.—Offer Extended—
Merritt-Chapman & Scott Corp. below.—-V.
181,
the
sales
for
The
at
company
March
on
filed
1
letter
of
stock
a
common
(par
notification
10
with
cents)
to
the
Dixie
Fire
&
months
months
Federal
SEC
shares.
of
operations
delays
shares
of
totaled
ended
State
and
Mr.
Y//Y"
/ •'
Stirlen
caused
taxes
equal
was
stock
common
$110,791,
was
to
Casualty Co., Greer, S. C.—Files
Exchange Commission—
With
340,-including
rent
assets
current
with
ry.
—V.
and
in
$667,259
is
3.7
to
in
1
Feb.
on
cash,
cash
with
approved
the
to
Net
and
paperboard
in
its
March
2,127,692
3,223,789
3,338,720
7,777,693
production
38-year
this
of
history,
John
last
company
Kennedy,
R.
year
were
President,
dis¬
28.
income,
of
after
32%
share,
$4.01
a
totaled
the
to 1,500,000 shares -from 750,"000. This action was taken
for future possible requirements of the corporation, including
net
increase
added
income,
sales
of
ki
late
the
1953
in
earned
$3.01
to
after
1953
highest
in
$2,837,000,
in¬
an
taxes
of
record, was equal
previous year.'
t
the
on
,
company's 13 mills and carton plants
28.5% over 1953 sales of $26,738,000.
of
than
more
manufacturing
quisitions
amounted
second
with
gain
a
of
taxes,
$2,144,000
net
compared
$34,354,000,
sales
the
1954
Consolidated
authorized
$3,109,000
over
The
to
stock
common
1,995,692
:r
$2,936,000.
A
the
29,418,749
5,080,042
28,446,029
7,559,687
.
1.
in
1,638,237
24,930,364
1309.
p.
on
crease
increase
1,478,471
income—
oper.
highest
closed
/'
3
an
1,006,375
24,032,266
'4,810,597
railway—
railway
181,
Sales
assets
compared
last
4
990,220
Federal Paper Beard Co., Inc.—Reports Record
share on
outstanding. The
position of the company shows
on Dec. 31 last of $3,751,-"
compared with $3,281,850 of cur¬
as
of Dec.
31, 1953. The present
current
10*19
$12,196,017 $13,659,540 $14,477,106
2,528,809
3,536,277
3,748,117
after
cents per
16
presently
income—
op^r.
from
alter
which,
2,425,886
from
Net
financial
the
with
$1,268,595
ratio
to provide
*
r.y.
10*13
1954
$11,848,446
From Jan. 1—
Net
compared
Net income
1953.
31,
Net
1955
railway
railway—
from
Gross
January
in
from
Net
resulting from
by
customer
$1,622,906
Dec.
/'•'/.■/•'
that
stated
continued improvement,
Stockholders
Securities and
27.
1955
RR.—Earnings—
February—
Gross
net
offered
be
first to stockholders, without underwriting. The
proceeds are to iae used to pay drilling operations and for working'
capital.—V. 179, p. 611.
'
/.
.
for
three
three
three
income, for the three months ended Dec. 31, 1953, amounted to
$150,179, which, after provision for preferred dividends,' amounted to
23
cents a
common
share, based on the same number of common
cents per share,
25
the
the
the
for
corresponding period in 1953,
According to Mr. Stirlen, this
by the interruption
certain
facilities
and
of
Erie
Inc.
the company's fiscal
of
the
of
March
on
Industries,
quarter
caused
615,971-2/6th
^
Devonion Gas & Oil Co.—Files With SEC—
covering 500,000 shares of
those
providing for preferred dividends,
^
1309."
p.
under
Eastern
the first
changes. He added, however, that production
increased, with sales approximating $700,000.
provision
Devoe
of
1954,
announced
was
moving
$1,846,090 in
See
income
31,
engineering
653,827
^103
1309.
p.
net
Dec.
somewhat
were
the
*
railway—_
and
ended
decline
1—
Jan.
from
Gross
sales
year,
375,119
income—
optr.
From
Line
Shore
Toledo
&
February— I
Gross from railway
Net from railway
Commercial and Financial Chronicle... Monday, April4,
50%
capacity
in
the
past
resulting
and -185T4.—V.
181,
two
from
reflected
years,
the
company's
ac-
544.
p.
.
stock
The
SEC
company
covering
at
$25
to
increase
5,000
share,
per
March
on
11
shares
filed
of
letter
a
(par
$10)
without
capital
underwriting. The proceeds
surplus.—V. 177, p. 2006.
and
with
the
.
stock
common
notification
of
dividends, acquisition of properties or products or other corporate
purposes —V.
181, p. 204. - ■
Y• •
*
to
offered
be
•-Y This Boston
used
be
to
are
Eastman Kodak Co.—Report Gives Highlights—
Details
Dodge
Cox
&
Fund,
San
Francisco,
Calif.—Registers
With Securities and Exchange Commission—
1
.This
SEC
investment, company
March
on
1478.1
p.
;.
,
25,
.
1955
filed
registration
a
covering
25,000
Robert
Shares.—V.
179,
■■■''?■' -'.'c
Six Elected
Director
a
/ '■
'
Six,
is
Corpit
and
of
Continental
Airlines
and
of
the Rocky
firm which researches and finances new products, ;
of
the Denver National Bank.
He. is also
Board
director
Chairman
of
a
Swan-Finch
Oil, a New York firm which manufactures
cutting oils, greases and compounds. He owns a gas production firm
in
Elk County, Pa.,
and is an Independent oil producer with wells
in Utah and Wyoming.—V. 181, p. 544.
Dominion
&
Anglo Investment
Corp., Ltd.
,
issue
new
Bonds
—
'
Offered—
A
of
$3,000,000
.
„
.
.
.
..
The
corporation is
$7,600,000 at
In
company's
only
years.
the
close
which
company
1954.
of
outstanding
'
?;•
investment
an
about
the
.
new
bond
and
its
;
-
had
The
debt
funded
''
net
assets
will
issue
first
be
financing
Sales
total
of
professional
sales
crease
.See American
Airlines, Inc. above.—V. 180,
in
1954
the
was
also
increase
an
Net
sales
Prof,
before
Prov
for
Net
taxes
1,100,000
'•'After
$8,807,455
$9,491,057
1,931,221
2,328,113
1,750,000
1,037,000
1.467,000
'
$1,050,764
*$894,221
The decline
This
374,274
*$1.75
$1.69
of
$2.06
$125,000
tBased
on
arising
510,000
from
shares
redetermination
presently
of
outstanding.
Duluth, Missabe & Iron Range Ry.- -Earnings—
February—
from
Net
from
Net
ry.
1955
railway
railway
Taxes
*1,592,160
*1,734,534
$519,192
*1,448,896
♦1,425,707
*1,186,638
*1,572,801
In
from
Net
ry.
railway
railway
from
Net
662,873
*2,256,019
income—
oper.
•Deficit.—V.
181,
971,205
904,864
♦3,014,105
*3,436,973
*3,265,748
*3,593,727
Gross
Net
ry.
1954
1953
$463,000
$446,100
114,232
98,378
Net
40,492
*3,457
3,056
140,393
1,049,800
and
ry.
904,600
1,332,600
324,133
191,529
828,500
132,184
68,676
*48,750
69,344
21,262
income—
oper.
181,
Registers With
—
corporation
March
25.
100,000
1955,
shares
stockholder,
American's
at
aggregate
$1.43
American
of
registration
Trading
such
share.
The
Co.,
shares
the
consideration
per
a
statement
will
shares
of
Ltd.
No
accrue
part
to
and
at
a
price
Stock
commission
of
related
of
Dyno
of
by
on
The
the
the
1,-
selling
proceeds
of
February and March, 1955, for an
$1,570,000, or an average of-.approximately
shares
are
to
be
offered, for .public
to
the
current
market
a
for
sale
"best efforts"
the
shares
Exchange.
R.
W.
Brown
Ltd.
will
receive
15%, plus 4c per share (or a maximum of
March 17,
SEC
Mines.
a
1955, the company, which
as
basis
the
on
selling
$44 000)
reimbursement for expenses.
As
the
par.
in
"speculative securities" by R. W. Brown
Ltd., on
Toronto
had
reached
the
well
as
1953
net
as
record
earnings
1939
proiit
before
issued
and
of
Prov.
for
Federal
profit
\
Commpn
—V.
present
time
the company is
principally interested in the exploration and further
development of its uranium
mining claims in the Halibur.ton-Bancroft
area and
in the exploration for
spodumene, a lithium-bearing
mineral,
by International Lithium
Mining Corporation Limited (in
which Dyno has a substantial
interest).
shares
165,
1Q*i4
.A
Y
Industries, Inc., Hamden, Conn.—New Affiliate
corporation
manufacturers of vehicle actuated
traffic signals,
hydraulic pumps, avaition products and industrial
mixers, is entering
the
plastic laminates field, Eugene D.
Stirlen, President announced
on March. 26. A new
affiliate, New England Laminates Co. Inc
which
will
manufacture plastic
laminates for the electrical and
industries
pected
John
to
in
Stamford,
start in
about
electronic
Conn.,
six
has
been
formed.
Production
is
ex¬
weeks.
will
be
in
j—
Ekco
Products
This company
plants
by
three
of
its
Currier, who for 16 years has been
associated with the
industry and has been active in the
development, production
of plastic
aminates, will be President of the new
company.
New England
Laminates Co. will specialize in the
sales
The
of
expoxy
in
the
grade
molded
resin laminates
production
phenolic
of
and
printed
laminates,
1954
and
of
lines such
as
kitchen
,
138,428
.
Glaco
construction of
Chemical
its
of
the
land
the
need
plants
for
in
and
to
Ekco
expand
March
28,
1479.
p.
polyester
shapes.
Other
lines
laminates
and
will
laminates
include
reinforced
used
NEMA
plastic
inland,
assets
Loss
than
and
totaled
to
$418,765,517
expense
these
new
reserves
reserves
were
,
premium
follows;
loss
offsetting
$281,722,240.
net
as
$33,100,000;
tools and tin-ware
another
plant
on
Ekco
writings
fire
and
$191,011,386k
of
allied
lines,
were
$63,762,000;
automobile
operation
2V*%
The
&
of
by
the
will
due
be
York
New
Co.—Partial Redemptions—
lot
for.
sinking
debentures
bonds
City of
Rubber
drawn
ar
redemption
fund
May
redeemed
at
the
on
May
1,
$1,50(^000 principal
1977 at 100% and
1,
at
The
principal
Chase
office
1955
amount
accrued
National
The
of
Bank
Cleveland
Trust
Co.-
three
and
synthetic
operated
for
Producing Plants—
Chairman,
rubber
the
March
on
producing
government,
25,
plants
in
said
which
have
we
part:
our
agreed
company
to
ones
we
are
.
South American Plant Dedicated—
Harvey
S,
company's
Firestone,
newest
Jr.,
South
Chairman,
American
March
on
dedicated
26
the
tire
plant at Valencia, Venezuela.
plant occupies 100,000 square feet
of floor space on a 46-acre
tract, employs 350 persons and has an
annual production
capacity of 150,000 tires.
The Valencia
plant operates under the corporate name of -Compania Anonima Firestone Venezolana...
Built
at
cost
a
Firestone's
Aires,
of
$4,500,000,
other
Argentina,
South
and
the
American
Sao
Paulo,
plants
located
are
in
Buenos
Brazil."
manu¬
other
First Investors Corp., New
York—Registers With SEC
subsidiary,
in
been
,.
items' to this
4V2-acre site
a
Tire
have
New
-
will
This
South
' *
7
-
ment
of
New
to
its
periodic
York
investment
registration
payment
(DWP).-V,
181,
company on March
24 filed an amend¬
covering an additional $13,000,000
DWN) and single payment -plans
statement
plans
(DW
and
745.
p.
Florida Home Insurance
-
anticipates
that
introduce
and
the
several
facilities
new
filed
company
1SS5 covering
125,000
>
.
registration
a
will
lines.—V.
new
Units
181,
the
179,
'
Co.—Files With SEC—
March 14 filed a letter of notification with the SEC
covering 3,000 shares of common stock (par $10) to be offered at
$24
per share,
without underwriting.
The proceeds are to be used
on
in-
to
>
crease
capital and surplus.—V. 175,
Florida Power & Light
with
.
comply
•'
2177.
p.
" '
•
-
1309.
Trusts.—V.
the
The
SEC—
statement
in
enable
p.
.*■
of
305,000 shares of
Co.—Stock
value
no par
Offered—Offering
stock at $63.50
by an underwriting
headed by Merrill Lynch, Pierce, Fenner & Beane
and Kidder,
Peabody& Co. The offering was over¬
subscribed.
share
per
was
made
March
on
common
30
group
Elgin, Joliet & Eastern Ry.—-Earnings—
FebruaryGross
Net
ry.
,
.
1954
1953*
1952
$3,520,856
$3,598,044
$4,378,460
$4,290,178
railway-
from
Net
-
1955
railway
-1,267,758
*1,054,263
1,455,545
1,410,026
income
2,775,511
*1,658,569
355,241
209,863
from
oper.
Gross
Net
Net
from
railwayrailway^
from
ry.
7,246,783
991,028
_
7,532,971
2,775,511
_
income
oper.
♦Deficit.—V.
PROCEEDS—Net proceeds from
to
provide
additional
It
purposes.
approximate
181,
*1,749,377
9,236,887
3,272,413
*2,882,842
790,547
366,274
$77,300,000,
covering
offered
$2
at
Brothers
&
on
140,000
per
Co.,
March
shares
share
Inc.,
16
of
filed
a
letter
common
of
stock
notification
(par
one
through Standard Investing Corp.
both
of
New
York.
The
and
to
the
be
Baruch
are
to
be
This
on
investment
March
177,
p.
28,
company
1955,
1472 and V.
which
area
around
coast
area,
filed
a
registration
covering 500,000 shares
179, p. 1371.
statement
of
its
west
is
Electric
service
which
is
few customers in
service
(except
have
$41,300,000
portions
eastern
of
in
Beach,
in
with
the
slock.
GIVING
EFFECT
bonds
—^—
:9y.»% sinking fund debentures due
Cumulative preferred stock ($100
Common
stock
b«
terri¬
area
north
communities.
Lakeland
the
and
systems),
Okeechobee,
and
TO
and
Gas
Palatka
PRESENT
Authorized
common
will
will
the
the
central
service
and
to
a
Holly Hill.
CAPITALIZATION
mortgage
used
electric
Lake
central
447
of
most
the Jacksonville
municipal
and
supplied
supplied in Miami, Daytona
be
corporate
program
*
electric
southern
and
will
other
.
the east coast of Florida
other
for
construction
approximately
municipalities
First
Equity Fund, Inc., Seattle, Wash.—Registers With SEC
—V.
1955-56
tory along
Florida.
with
cent)
net
proceeds
used to purchase equipment and increase
working capital.
SEC
of
these shares
facilities and
gas
the
BUSINESS—Company supplies
lower
Elsin Electronics Corp., Brooklyn, N. Y.—Files—
corporation
that
'
agricultural
The
the sale of
electric and
estimated
five
1202.
p.
is
expended in 1955.
2,771.484
8.855.418
manufacture
high quality metal clad
circuits.
involving
.
daily greasing of plans. Last year Ekco opened new
City, Mo., and Dallas and occupied a larger
investment
on
report' that
reinsurance
purchase
currently operating at Lake Charles, La., and Akron,
Ohio.
It is our plan to invest
approximately $1,200,000 to improve and
expand these plants.
/ '
"
"When these two plants are transferred to
Firestone ownership on
April 22 in Lake Charles and April 26 in
Akron, there will be no
changes in personnel since all employees already are working for the
Firestone company."
"
the
$2,500,000.—V. 180, p. 1651.
Elfun Trusts, New York—Registers With
This
SEC
by
Co,
"Of
A new 40,000-square-foot plant addition for.the
Autoyre Co., an Ekco
subsidiary at Oakville,. Conn., Is currently under construction. Autoyre
is
a
leading manufacturer of stamped bathroom fittings and closet
Autoyre
his
claims,
Kansas
plant in Fair Lawn, N. J.
hardware
totaling
Harvey S. Firestone, Jr.,
Paul, Minn., in the near future. This unit will manufacture silicone
glaze and other chemical pan^washing services for bakers which elimi¬
Glaco
admitted
To Buy Synthetic Rubber
-
St.
nate
in
reduced
There have also been drawn
by lot for redemption on May 1, 1955
operation
of
the sinking
fund
$1,375,000
of
20-year
3%
debentures due May
1, 1961 at 100>/4% and accrued interest.' Re¬
demption will be made at the principal office of J. P.
Morgan & Co.
Incorporated, in New York or at the principal office of The Cleve¬
plans- for construction of new
plant in Mexico City, one in
Corp.,
tenth Glaco
More
consolidated
25-year
138,428
34,607
,
subsidiary's lines during 1956. Aluminio is now Mexico's largest
facturer of aluminum
cooking utensils, pressure cookers and
housewares, Mr. Keating said.
...
:•
:•
>
>vt>. .?
•••
National
said
hurricane
was
through
St. Paul, Minn., and one in
Oakville, Conn; :
making, the announcement, Arthur Keating, Chairman, stated that
the addition of 100,000
square- feet of floor space ;to the plant of its
wholly-owned Mexican subsidiary, Aluminio-Ekco, S. A., would enable
new
consolidated
approximately
through
In
to add
which
Y
$86,452,599.
Firestone
announced
subsidiaries—a
Crafts
Mr.
over; 44,000
'
1954,
bonds
up
There
389,748
Co.—Subsidiaries Plan Expansion—
March 23
on
Z
underwriting was attributed, in the
Carol, Bdna/and Hazel
Hurricanes
$48,893,000; casualty, $27,070,000; fidelity, surety and burglary, $18.186,000.—V.
181, p. 1310.
Engineering Contract—
excess
A consolidated- under¬
with $306,553,056
at
ocean
Forest, the Timonthy Meadows project
expected to be completed next Fall.
It is estimated that the cost of
SEC
E
plastics
and
The
$326,069 ;
5327,385
23,441 ';i'' ; 24,385
outstanding—A—A_LYJA""'
34,607 'V
•'
//, '/>/*""
■"
reservoir
from
$149,835,839 at the year's end.
set
and
made
announced
and
1954.
a
of
were
cash
an
dam
January,
States.
$11,000,000,
Z"
:
compared
high
engineering, construction and business consulting firm on March
that it is designing and
supervising the construction of
earth-fill dam 700 feet long and 100
feet high, near Mt. Hood, Ore.,
for Portland General Electric Co.
Located in Mt. Hood National
25
shareholders,
at the end of 1953.
Based upon the
present capitalization, shareholders' equity on Dec. 31,
1954, including
35% or the unearned premium reserve, amounted to
$69.28 per share
as
compared with $46.22 at the close of 1953.
?
Consolidated
unearned
premium reserves in 1954 reached
lOK-j
334,093
-
Ebasco Services, Inc.—New
of
At the end of
1588.1 '
p.
in
when
United
Fundincurred
loss
$6,500,000.
as
income
sustained
eastern
Fireman's
"0'gross
717,133
paid___A__L_—A_'„_i'i—AL 01
paid
reduced
losses
raked, the
$2.045,376
660,162
From Jan. 1—
This
The
to
built
as
outstanding 3,580,006
uranium
Eastern
of
1953.
divi¬
$1,984,918
_
.
„A————j<LA_A__—A—Z-
dividends
to
were
main
Trust
—_—
taxes
statement
annual
dollars.
taxes
income
his
premium: writings for 1954 totaled $191(011,386, as
with
$147,805,930.
Contributing in part to this growth
premiums
written
by National Surety! Corp.
which was
of $5,042,260 and a net investment - income of $9,reported for the year as compared-with an underwriting
$9,354,006 and a net investment- income. of $7,746,434 in
of
income
in
net
by Firemen's Fund
profit
Corp.—Earnings—
sales——
on
net
profit
471,141
high and both pre-tax earnings
were the company's best, they
Year Ended Dec. 31—
was
organized in January,
common
shares (including
the
1,100,000 shares acquired by
American).
It
received
$2,070,004
in
cash
and
properties of undetermined
value
as
consideration
for
2,910,004 shares (including the 1,100,000
shares).
At the
1941,
a
Gross
start
with
covering
acquired
cash
Crafts, President,
the
were
pointed out that Kodak sales since World War II have
rate considerably more than twice that of the U. S.
economy
Profit
The
1,100,000 common shares, $1
representing outstanding stock owned
sale
American
filed
of
amount
consolidated
writing
It was also
Ekco
Dyno Mines Ltd., Toronto, Canada
Securities and Exchange Commission—
This
101,520
1309/
p.
the
F.
that
compared
Albert K.
South
railway
railway
^Deficit.—V.
twice
earnings
1954
purchased
their summary
Eaton Paper
256,835
income—
from
from
than
more
net
reported
taxes, of $12,443,230, equal to $3.14
or' $3.35 a share in 1953. Adding
$8,339,711
.
stated
\
company's
subsidiaries
income
with
in
interest.
$690,800
164,916
From Jan. 1—
Gross
Net
also
was
the
*
its
and
Federal
35%,
James
»
'
for elevision.
after
compared
1952 !
$538,800
railway
railway
oper.
$10,000,000
a
whole, measured in terms of
Concerning the outlook for 1955,
the
1955
from
from
Net
of
in-
There
they said, "Barring sudden broad
that might restrict business severely, we feel that the
ompany will do a somewhat larger volume of business in 1955.
Earn-,
ings should be at a good level and compare favorably with, those for
1954."—V. 181, p. 1309.
1
'
*
is
Duluth, Winnipeg & Pacific
Ry.—Earnings—
February—
this
This
661,854
1309.
p.
11%
of
the
$144,968,534
*1,492,767
*3,537,200
*3,777,096
*2,483,850
to
of the year's business, Thomas J. Hargrave, Chair¬
Chapman, President, characterize 1954 as "one of
the company's best years."
From Jan. 1—
Gross
almost
Common, dividends
1952
$552,461
rose
cause
Color Films.
about 5%
was
by
and
on
Preferred
1953
$395,104
*1,052,569
income—
oper.
1954
$374,912
of films
use
Eastman
of
company's income were 51.8% of earnings before taxes
1954 as compared
to 62.4%
in
1953 for both income and excess
profits taxes. The company's net assets, representing the shareholders'
interest in the business, increased almost
$34,000,000 to a new record
at year-end of $453,175,000.
^
Net
Gross
the sales
however,
important
declared.
645.
p.
An
in
408,833
$3.06
credit
taxes.
in the
film,
1953.
excess
exceeded
dends
$861,113
510,369
share—
per
in
economic changes
1951
714,148
special
years
181,
1952
$1,558,436
paid
tEarnings
prior
—V.
inc.
prcflt
Dividends
1953
$10,155,044 $10,814,126
taxes2,658,433
2,800,764
inc.
Fed.
1954
9%
the company's U. S. employment during the
to a year-end total of 51,400.
profits tax expired at the end of 1953, Kodak's
direct taxes were
12%
of sales against 14%
the year before.
Total
direct -taxes, excluding social
security and excise taxes, were $79,278,222.,,
as
Dragon Cement Co., Inc.—Earnings—
motion-picture
from
gain made in
Although the
grown
Year Ended Dec. 31—
a registration statement'with
covering .,3<OQQ,000 shares of its capital
:■•//
//'/ ; '■YA
equity In the increase in the unearned premium reserve
net earnings were equal to $4.42 a share in 1954 as against
1953.
Consolidated earnings per share for 1954 have'been
adjusted to basis of 3,000,000 shares outstanding Dec. 31; 1954.
at
$3.98
over-all reduction in
an
year.
said.
1651.
p.
company filed
1955,
shareholders'
Following the general downward trend in defense business, special
military products in 1954 dropped to 12% of sales-compared with 14%.
the previous year.
This drop in defense production; caused by
cancellf-,
tion and changing of
government contracts, was the principal reason-
of
23,
1202.
company
share,
a
15%
and chemicals, including
photographic chemicals, 6% of
The percentages of total sales in these
categories last year
approximately the same as in 1955.
»'/ '
\
were
Sales almost
Douglas Aircraft Co. Inc.—Receives Large Order—
,.
181, p.
Fireman's Fund Insurance Co.—Reports Earnings—
This
totaled
man,
;*;/
investment
March
on
..earnings,
Kodak sales.
for
SEC
stock.—V.
products,
$69,821,719
,
(Canadian)
4%
first secured
15-year
bonds is being offered by Wood,
Gundy & Co., Ltd., Dominion Securi¬
ties Corp., Ltd., Matthews & Co. and associates at
par and accrued
interest.-; ' /
'
'■ "...
.;// //
• rof
the
V
company's 1954 operations, including information, on
production, progress in research and development, fi¬
and other aspects of the business are contained in the 36-page,
four-color annual report mailed to over 86,000 Kodak share owners.
Photographic products accounted for '68%/ of Kodak's 1954 sales,
which totaled $633,457,838.
Amateur products amounted to 29%
andcommercial
and
professional \ photo
goods
25%.
Cellulose
products,
new
was
'///V;
President
Mountain
a
^
the
nances,
Six,
top executive of companies in the air transport,
fields, has been elected to the board of directors
corporation, it was announced on April 1 by Emanuel Katz,
is
of
.
F.
President.;
Mr.
the;,
financial
and
this
of
Beneficial
with
,
Doeskin Products, Inc.—Robert
oil
statement
Fidelity Fund, Inc.—Registers With SEC—
"
.
(no
par
value)—.—
♦Not limited except as set
*
..
1972
par)
FINANCING
.
$110,550,000
9,750,000
500.000 shs.
20,000,000 shs.
'
Outstanding
$10,000,000
forth in the mortgage.
"
312,500 shs.
3,000,000
.
'
•
shs!
'
Number
Volume 181
5417 ...The Commercial and Financial Chronicle
UNDERWRITERS—The
agreed
of
underwriters
named
below
have
severally
purchase from the company the following numbers of shares
to
Shares
/
Merrill Lynch,
Ufer
&
Atwill & Co
26,000
Robert
26,000
.
The
Baird
Ac
3,000
Baker, Wfeeks & Co
3,000
William
Courts &
10,000'
R. S. Dickson & Co., Inc
Clement A. Evans & Co.,
White, Weld & Co._.
Clark, Dodge &
10,000
Co
7,000
_____
Co
Hallgarten
Co._
&
Ac
A. C.
Alex.
Securities
Brown
(Inc.)
A.
__l
—
M.
-J
Rhoades Ac.
Ix>eh,
/
Co.,.Inc..
4,500
McDdnald Ac Co.A—l—lL
Chief
Wis.
and
possible
also
technical
Zapon
pro¬
trans¬
future
cost
bonus
a
about
present
Stock
of
177,400
Mr.
A.
have
the
shares
President,
received checks
income earned
-days- of
«•
March
of
the
President
Board
and
Zapon
Division.
Glidden
reports
that
the firm's industrial coating business
becomes
the
as
Joyce
the
boost
Zapon
effective
Industrial
that
reported
immediately
will
the
and
the
utilize
will
unit
new
Division of The
Coatings
Glidden
sig¬
**.
V
will
later
transferred
be
modern
to
presently exist in those areas.
A pioneer in industrial finishes, Glidden is
industrial
coatings with 11 plants in this
Plan.
recently
V.
ag¬
accumulated
also
has -been
First
Officer.-r-rV.
sales* Jof
Retail
Glidden
'
operations
its
of
Glidden
plant
Co.
Glidden
now
facilities
facilities
that
major producer of
a
country
and
Canada.—
181, p. 959.
on
received
U.
they
S.
had
Savings
left
Bonds
Year
deposit
on
becomes
1480.-
.p.
General
set
Motors
*
passenger
all-time
an
Curtice,-President,iiapnoancad
Earnings
—V.
President
'
'■
-
for
record
during
cars
that
/
March 25.
on-
31—
1954
after
per
1953
$44,106,364
profit
$48,180,147
569,280
1,682,276
$0.79
$2.35
Z
taxes
share
common
181, p. 861.
Chairman,
Vice-President,
175,
Dec.
sales
Net
1310.
elected
Ended
Net
Goebel Brewing
and
/
^
Dollar
.
'■J General Motors Corp.—Reports Record Retail Sales—
;
Joyce,
Globe Union, Inc.—1954 Earnings Declined—
Purneli,
Executive
P.
of
Zapon at Stamford, Conn., and North Chicago, 111., during a transition
period so as not to interrupt service to present customers.
Plant
in today's market,
employees
under
its
former
Bonus
also
representing
former employees
Bender,
Dwight
will
transfer
operate
$9,000,000
and
staffs
addition
The
1949.
and
by
nificantly.
in
AcZ-Z
.Poole, Roberts
Z____l_
Parke
for
$15,400,000 which
the company since 1949.—V. 181, p.
Edward
i
1,5<XT
4,500 Z, Schmidt,
-K. W ^rbKsprich & Co.JLSJ ' 4,500.
to
1,500-
i' Pierqer. Garrison, Woibem,/..
;
stock
approximately
Welter
^Irving Luhdborg & CO—1,500
' Mason-Hag^n, lac.1,500
"_z_____-i_-.i__z/z:_
Co:
1,500
'
'4,500
60,553
General Fireproofing Co.—Changes in Personnel—
1,500
4,500
Higginson Corp
Carl
_LZ
4,500
Co._/_'
since
stock
Employees
Ilaliowell, Sulzberger Ac Co.,' 1,500
Johnson,. Lane, Space and..
4,500
Ac
from
acquisition includes all notes and accounts receivable, patents,
formulas, trademarks, certain specialized equipment and the sales and
3,000
Butcher Ac Sherrerd
*C. P. Cassell Ac Co., Inc
4.500
Lemon
M. Kidder Ac
Lee
Stein Bros. & Boyce_
4,500
4,500
Ac Co—_____——
Hentz
Johnston.
the
3,000
.____
mailed
1
would
43,000
$1,283,000,
with
Pomeroy, Inc.
stock
Milwaukee,
of
preferred
Employees Savings and
in 1 the plan
costing
28
The
preferred shares will enable the
the assets of the Controls and Instru¬
Corp.
Participants
3,000
_
which
gregating
3,000
a
Perfex
April
on
stock,
approximately
G-E
3,000
Schoellkopf, Hutton Ac
-
4,500
Goocbbody Ac
H.
Co., Inc.
4,500
Sons
Ac
Co
to
The Robinson-Humphrey
4.500
Corp..
Central Republic Co.
Estabrook Ac Co
Ac
Reinholdt & Gardner
7,000
Ailyn & Co., Inc
American
Cook
3,000
.
Pacific Northwest Co.—
-
7,000
Co
Ac
Meeds
company
common
3,000
7,000
.
The
3,000
Newhard,
7,000
P. Rothschild
;
3,000
Co.
Curtis,
Inc
March
on
the
W. A. Ray, President, pointed out, General Con¬
projects in mind at this time.—V. 181, p. 1310.
such
no
preferred
increase
to
authorized
purchase
authorized
However,
has
proposal
a
General Electric Co.—Stock to Employees—
3,000
Illinois Co.
Merrill, Turben & Co
Moseley & Co._„____
Paine, Webber, Jackson Ac
,
actions.
trols
approved
3,000
Laird, Bissell Ac
F. S,
L.
Co._
7,000
Marks
M.
Ac
Co
7.000
Hornhlower & Weeks
Laurence
felair
Inc.
The
7,000
additional
3,000
10,000
10,000
its
the
of
16
authorized
of
additional
Division
vide
3,000
Union
Corp
The
to effect
ment
March
on
shares
of
260,553.
Co.,
First Boston Corp
Smith, Barney &t Co
Securities
number
Increased—
13
Chairman.
stockholders
company
3,000
___
W.
Inc.
10,000
total
Shares
•
Pierce, Pen,/
Beane
Kidder, Peabody Ac Co
Eastman, Dillon Ac Co
Drexel Ac
General Controls Co.—Preferred Stock
The
stock:
common
(1561)
the
Not: income
"
Co.—Earnings Declinestotaled
1954
in'barrels
$38,606,810
amounted
with
compared
to~.1,360,73L<as
'
.
$43,841,123
with
compared
.
affceippreferred 'dividends
was :$1,074,945 *which, after
deducting dividends qn/the preferred stock, was equal to 63 cents a
-share on the 1,46^,906;shares of" common stock
outstanding compared
H.
v/ ,/■
for
Sales
1,578,805 In 1953.
20
Harlow
period,
first
sales
1953.
'
net
with
1,500 'i r:-RetaU,:deliv«n4e$ "bjy fjfcheral Motors five passenger car divisions—
Riter Sc-426:^. S/j;......
4^00" *8cqtt,H<«rncrAc Mason,Ihcr""'T;500'': /Chevrolet,
Fontiae, -^
'Buick
and
Cadillac-^-also
were
at
ShacMsAc Co.:
Scott Ac StringfeUow_____ivl.50Q.J=- /.all-time Sighs' for ;44m socond .10 days of March and for the. period
F. S. (Sniithers
Cd.r.Z-*Z5. 4-.30Q • vChas.1 W. Scran ton As Ck>._>l .'-*.1,500/
of the year through March 20,
•••" /
,
.//
ofx$i";280,396 which after'preferred dividends was
shah/hd/usted -td:th*e currently, outstanding number
income
equal to 82 cehts
.of
shares
-a
of-common
stcik.
*
i *
'
-
Stroud &
;4^500S. Wyatt,
4,500 **:,»" '
Co:,
i8i,
•-'»«
-
1310.7.;;:
p.
February—
from
Net
from
Net
ry.
1955
Net
fy.
-V.
181,
$1,995,057
covering
cates and
3,600,337
4,067,688
3,982,074
931,824
/ 1.261,491
1,297,304
207,370
430,506
547,464
599,152
..,
..
.
fcovering
at
$50
to
increase
March 29 filed
on
additional
March
on
6,000
share,
per
March
systematic
p.
1680.
shares
of
without
capital
and
filed
11
letter
a
notification
of
"our
ance
.Commissioner
In
the
the
of
method
The
write
Frontier
N.
of
Insur¬
will
and allied
sell
initially
a
Ray B.
Wiser and
associates
to
The
at
corporation
covering
March
on
shares
5,200
$9.50
per
proceeds
are
Siegfried
Construction
share,
to
first
be
of
to
used
a
Co.,
letter
Inc.,
Sales
(par
$1)
without
the
increase
to
with
be
the
offered
underwriting.
company's
The
investment
and
in
Inc.
The
in
corporation
I,069
Box
shares
Co.,
second
on
Gamewell
filed
28
shares
a
notification
of
(par $100)
preferred
stock
preferred
letter
stock
first
of
(par
stock
$100)
basis.—V.
share-for-share
a
(&
States
profit
Miscellaneous
for
Earnings
*
$1,687,874
excess
•
,
000
$3,011,290
973,691
*1,790,142
taxes
-
202,368
$835,769
(on
shs.
357,912
■
■
outstand.)
provision.—V.
.
1
.
'.
" •
a>2.9j
1
2696.
p.
'it
thus
far
in
1955
rock
'
drills,
industrial
oilfield,
mining,
Discussing
should
be
results
31,
from
1955.—V.
Leece
satisfactory.
the
Keller
181,
tools,
p.
add
equipment,
manufacturing
indicated
Operations
Tool
related
Division,
lor
that
1955
which
industries.
thet
first
include
two
acquired
was
Jan.
on
411.
This
William
American
J.
Stebler,
Corp.—Earns.,
etc.
shares
acquired
shares
had
V
calculates"its
during the
the
of
year
Fuller
General
Co.
earnings
in
view
of
on
of
the
Catasauqua,
American
stock.
At
qf
basis
the fact
Pa.,
the
thaft
in
year
average
on
Aug.
outstanding
17,
1954,
"The
mainstays
of
exchange for 186,200
end, General American
to
and prosper."
During 1954, 245 DP cars were built and
railroads, and 675 more will be ^built and delivered during
Airslide Cars were built in 1954, and more than 200 cars
order for delivery in-1955,- In-1955 additional
storage tanks
on
will
be
Mr.
to
475
are
erected
Stebler
by the Terminal Division.pointed
out
that
1954
has
been
an
important
year
for
plating, developed by GATC in
1953, made "impressive forward strides" and in 1955 a third plating
plant will be built at Sharon, Pa..-for Kanigen plating the interiors o1
cars.
the
control
stimulation
and
equipment and
the industrial
the
at
31,
stock
dividends
to
$6.49
stock
common
On
30
178,
the
cents
divideind
of
for
those
of 50.
a
fractional
fractions
all
of
the
during
share.
The
adjusted,
the year.
directors
declared,
is
also
Bank,
to
for
current
the
and
May
be
the
:9o4.
ear
.
oi
the
the
un¬
value
to
equal
cash
dividend
semi-annual
dividend
annual
a
25,
Washington,
the
market
approximately
share,
capitalize
outstanding Dec.
totaled $ 4,089, or
year
increased
per
payable
sold
be
shall
share
per
the
shall
;
earnings
$2.58
or
shares," the
proceeds
intended
corporation's
to 4o cents
cents
was
Is
share
not multiples
are
issuing
dividend
paid
per
for
May 10, 1955.
Riggs National
The
—V.
of
total
$209,810,
properly
16,
30
cents
record
stock
a
fraction
a
lieu
the
dividends
earnings
March
from
20
in
stock
of
totaled
dividend,
rate
in
result
that
this
portion
approximately
of
declared
market price, and the net
stockholders entitled thereto.
to
of
Cash
distributed
16
underlying
earnings
stock
1955
to
stockholders
C.,
is
transfer
D.
of
agent.
2476.
p.
of nuclear power,
This
per
in
share on 797,121 average
during the year. Net
or
$5.09
1953
share on
per
year
end.
at the 1954-year end had increased
1
York
order
exchange
given
outstanding
to $3,436,349,
New
exemption
investment
with
for
Interested
The
stock
..
corporation
has
$50^par,
A,
at
Dec.
of
5%
Corp.—Debentures
Sold—The
$10,000,-
at
$27.50
V
.
Telephone
Co.
March
•
•
into
$6,146
to
The
for
of Michigan—Registers
the
New
Assuming
With
the
of
to
SEC
for
Commission
request
an
shares
common
the
of
preferred
for
stock
$52.50
has
hearing
a
shares
prior
convertible
of
in
exchange
the
of
or
A
share,
per
common
Initial, offering
1%
par
less
date.
3%
to
or
shares offered in exchange for, each
would
preferred
no
stock
convertible
offered
price
the
from
ranging
of
the
of
(2)
1954,
is convertible
one *vote
be
to
to
from
range
would
in
from
range
down
shares
48
while the number of common shares offered
filed a registration statement with the
of $2.40 cumulative preferred stock ($50
to
31,
preferred
holders
while
the last sales
common
shares
the
of
share,
redeemable
Dec.
preferred stock
entitled
common
Exchange
the
5,616,882
(3)
divi¬
accrued
par,
at
preferred
,
per
$25
which
Holders
are
depend upon
common
A
and
share,
per
of
dividends,
stock.
plus
to *$12.50
stock,
5%
of
share,
per
convertible
of
shares
664
amounted
stocks
Stock
the number of
over,
Commission—
will
York
price
a
votes
number
preferred
the
to
share
shares,
18
exchange for each share
shares down to nine
24
shares.
According to
in
making
the
ture
and
offer
the
application,
exchange offer:
*
preferred
has
to
ofier
and
1955,
6,
(1)
preferred
accrued
common
common
Dn
at
1954,
share,
per
of
50
and
respectively.
31,
Each ^share
shares
.entitled
are
29
shares
to
three
preferred
"
.
April
convertible
share/ plus
per
stock.
^common
.'.Vi'
1440.
-iituf"'
applied
proposed
outstanding
redeemable
which
Shoe
its
to
preferred stock;
until
persons
has
company
respect
outstanding
thereon.
649,087
year
elimination of
holders
of
preferred
presently unmarketable
a
ready
market
is
Graham-Paige
stock
shares
two
main
purposes
of its capital
the preferred stocks, and
on
the
A
Into
available.—V.
has
simplification
(1)
arrearages
opportunity
shares
181,
p.
of
common
to
struc¬
(2)
stock
for
to
their
convert
which
205.
stock.
$1,000,000 of first mortgage
bonds, 3%% series due 1985, in April 1953; and during that month it
will also sell to its parent 40,000 shares of its common: stock, $20 par.
The proceeds of the sale of such bonds and common stock will be used,
together with other funds, to repay the balance of $1,000,000 of notes
contracted
company
to
sell
to banks and the $800,000 of parent company advances. Theestimates that gross constructed additions in 1955 will amount
about
$0.
).2i
prevailing
ratably
1954.
.
will
decided
payment
Such
loans of $1,000,000 and to repay $4,000,000 bor¬
April, 1953, to redeem all of the company's outstanding $2.70
in
$46,157
$0.37
4,860 shares) on the $5 par value common
to stockholders of record April 8, 1955/. ,■
29
dividend
undistributed
of
$3,248,000.—W,
177,
p.
236.
(L. F.)
Grammes &
The corporation on Feb.
Sons, Inc., Allentown, Pa.—Files
filed
28
letter of notification with
a
the SEC
covering 1,279 shares of co'rhmon stock (no par) to be offered to stock¬
holders at $22 per share, without underwriting. The proceeds are to be
used to pay for
plant improvements and to increase working capital.—
V. 170, p. 695.
*
,,-r/<
Grand Trunk Western RR.—Earnings—
Georgia
Florida
&
RR.—Earnings—
Ry.
Ry.
$268,732
revenue__
oper.
operating
February—
217,887
expenses
$275,569
240,384
Gross
1955—2 Mos.—1954
1955—Month—1954
Period End. Feb. 28—
$545,574
' 441,464
from
Net
from
Net
$560,341
499,740
ry.
1954
$4,999,000
$5,039,000
1,075,826
1,193,870
1,254,429
942,752
353,773
657,709
668,253
445,710
9,480,000
9,541,000
9,858,000
9.425,000
1,910,364
1,788,261
508,012
641,287
2,037.673
907,371
1,611,392
509,178
income___
oper.
1953
1952
1955
$4,773,000
railway
railway
"
$4,711,000
From Jan. 1—
Net
Net
from
rev.
ry.
oper.
181,
p.
$35,185
*13,641
$104,110
32,212
$60,601
Gross
♦27,830
Net
from
Net
$50,845
14,766
op.
ry.
income
ry.
646.
—-V.
'
t,
from
railway
railway______
income
oper.
181.
1203.
p.
-
Georgia, Southern & Florida Ry.—Earnings—
•
February—
Gross'from
Net
from
ry.
from
Net
from
Net
ry.
$773,293
131,797
182.343
323,878
273,139
*45,907
*50,681
75,535
68.710
1,667,368
Holders of
certificate
1,523,519
1,659,573
1,542,998
u__
350,332
372,029
660,229
533,850
desirable
to
income—
*97,590
*111,782
150,246
126,778
company
181,
p.
stock
voted
incorporation
has
•Deficit.—V.
Co.—Stock
common
of
sible
1310.
*
increase
stock
to
March 25 to
increase
of
by this company of assets of the Zapon
the
Atlas
Power
the company's
authorized
the
available
for
capitalization.
corporate
needs,
In
this
including
Co.
of
Wilmington,
.
Industrial Finishes
Del.,
was
announced
A
:
new
Grand
Brunswick.
of
way
the
the
pos¬
purchase from time to time of other businesses and'properties."
A
Opens New Super Market—
Division
amend
the
,
Glidden Co., Cleveland, Ohio—Further Expansion—
Purchase
Voted—
Increase
on
authorized common stock
from the present 900,000 shares to 2,000,000 shares.
Lansing P. Shield, President, stated that, "Because the company's
business has expanded so rapidly during the past few years, it seems
-
railway
railway_
oper.
Union
Grand
1952
$808,087
income__
From Jan. 1-^-
Gross
1953
1954
$730,838
rail way
oper.
1955
$801,526
railway
The
process was licensed Tnr
preat Britain apd Continental
Europe during 1954. and initial pi^nfi»en€s/undei-Jiconses will aggre¬
gate -$600.000-by the -end of 1955/ extending""royalty payments oh all
nickel deposited by-the licensees.—V". 180,
"p. 720. Z*."
'
48,54*
$80,418
whose holdings on the record date
then
The
April
have
distributed
supplies—with
development
stock
board
dividend
range
guidance,
This
stockholders
The
to
Net
.
the company: the Plastics
DiVisioh/which is the largest producer of
molded parts in the country/added new equipment and new
processes.
The Kanigen process of chemical nickel
tank
•
March
on
approximately
payable
shares
the
expand
leased
wide
a
Directors
(totaling
stock,
25,249
'Deficit.—V.
company's operations, the Car Leasing and
Tank Storage Terminals Divisions," Mr. Stebler pointed
out, "continued,
1955.-
The
'
it
2,373,816 outstanding shares.
94,701
85,297
Government Employees Corp.—Stock Dividend, etc.—
Net
and
President,
announced
that net income of the
corporation in 1954 was $11,380,466. Based on the average of 2,253,553
share? outstanding during the year/ General American earned $5.05
per
common
share.
In the
annual
report,
recently issued. General
American
Sales
dends
a
company* pq
The
to
$771,077
165,715
.
—
to $41,411,723
•/
;
payable
Transportation
1954
$998,559
--
Graham-Paige Corp.—Proposed Exchange Offer—
covering *100,000
rowed
-
1955
sales-
Net profit
Earnings per share __ZZ_ZZ_'r_r_
—V. 179, p. 5.
,
-
25-year 3.30%
company
General
to
cumulative
.
'
taxes______llZ_"l/__*___"__Z
used/to repay bank
months
operator
Tex. and Akron,. Ohio.
/
Provision for income
-
quarter
for
1
in part:
synthetic
of
and
ozner
taxqs_/.l__/_/ZZz/_/___Z__
be offered for public sale through an underwriting group
by Paine, :Webber, Jackson & Curtis and Stone Ac Webster
The public offering price and underwriting terms are
to be supplied by amendment.
v
'
;
■<
Net proceeds of the financing, together with other funds, will be
serving
"V v
earlier. Backlog of all orders on Dec. 31, 1954,
$98,233,000.—^V. 181, p. 1310.
General
par),
.
construction "and
earnings, "Mr.
very
air
*
on
headed
arc
plant
—
.
/:
stock outstanding at the
common
Securities Corp.
running well ahead of the same period
last year,-it was announced by Gifford V.
Leece, President, on March
25.
He estimated first quarter sales,
including the Keller Tool Divi¬
sion
products, at approximately $8,800,000.
Gardner-Denver, includ¬
ing Keller Tool, is a leading manufacturer of air compressors; pumps,
the
of
of
SEC
i.
to
said
25
production
income
.
Securities and ,Exchange
$1,048,973
$2.34
180,
-
,
>'
Gardner-Denver Co.—Sales Ahead of 1954—
Sales
Corp.
.
'
for
amounted
See V. 181, p.
172,175
March
on
private
profit
debentures, which were publicly
offered on March 22 by Smith, Barney & Co. amd ^asso¬
ciates at 100$ and accrued interest, were quickly placed.
76,352
'
$2,011,829
income
\
profits tax
i
current high production rate,
be abnormally low in relation
,
Equipment
of
and in
Net working capital
General
„
$2,934,938
23,555
_
—
share
per
Includes
to
1310.
picture theatre
shares .of
of
-
_
the
for
total
approved
government-owned plants in Houston,
181, p. 959.
amounted
deprec.
:
income
Net
GM's
continue
.
and
after preferred
from $18,651,901
1954
and
taxes
and Canadian
S.
1954
Congress
before
net sales of the corporation in 1954 totaled $123,332,representing a 42% increase over the previous year's volume of
Consolidated net profit for 1354 amounted to $5,488,090,
shares
••
'
1
U.
the
of
24
Quarter Ended Feb. 28—
been
profit for* 1953
Southern
1.87
•
Profit
;
number
and
-
Gross
to date, GM
year
Today, the principal activity of the GPE companies js the
marine fields,
equal
offered
1076.
United
income
Total
Provision
Great
p.
for
income
Depreciation
For the
$87,763,925.
the
with
be
$100)
1955
provision
income
despite
cars
production
Subs.)—Sales Lower—
before
Canadian
&
to
(par
of
181,
Nine Months Ended Feb. 28—
Operating
of
29.
motion
of
amounted
Co.
days of the month totaled 260,475,
Consolidated
shares of preferred
1,237
of
Inc.,"
March
on
covering 2,306
exchange for
against
as
-
.
,t" (H. W.) Gossard Co. (& Subs.)—Earnings Higher—
earnings, plus
training;
had
634,
SEC
Curtice announced.
during the first
cars
together with the acquisition in April, 1954 of
Inc., were important factors in the continuing change in
of GPE's bnusiness, Hermann G. Place, President, told
he said.
(Robert) Gair Co., Inc.—Files With SEC—Acquisition
'
latices—and'Goodyear thereby will become
of former
—v.
which
predominantly
identified for many
years—were
the
highest in history during 1954r~]VIr. Place declared.
While output of
defense products accounted for the larger-Rortipn of net sales, the nondefense business of the'GPE Group over-all reached record levels in
1954,
The acquisition in January,
1955 of The Griscom-Russell Co.,
leading manufacturer of heat exchangers and water purifiers, will ex¬
pand <the activities of the GPE companies in the petroleum, chemical
Buffalo,
notification
of
stock
common
stockholders,
to
Co.,
filed
24
used
.
equipment,
and
and
GPE
Equipment
for 4954
1
Litchfield,. Chairman, of-the Board,
March
rubber
aircraft and missiles.
by
Y.—Files With Securities and Exchange Commission
SEC
and
character
tion
coverage.
Contractors
of
135.5%
or
W.
P.
of high-precision instruments,
components and systems for industry and defense.
GPE products are
used by the Armed Services for fire control, bombing, automatic naviga¬
sold.
be
being organized
new
design
at
way
that
March
on
stockholders.
$22 per share.
Negotiations on
and directors have not decided how
stock
under
shares
fire
California
at 1,000,000 shares.
organization, the company must
are
is
company
casualty,
the
from
capitalize
$2,000,000
of sale
additional
many
to
of
process
minimum
permission
935,638,
Precision
Link Aviation,
Co., Berkeley, Calif.—To Finance
received
.
divisions
previous high set in 1954.
said
sales
revealed
the
has
company
20"
'
the start of quantity production of
the most advanced system of automatic airborne navigation known to
exist, highlighted 1954 operations of this corporation, the annual report
surplus.
Freedom Insurance
totaled 759,135, or
\
V
:
feet'net retail sales/
three periods, Mr.
numbers
record
totaled
Curtice
Record
$10) to be offered
proceeds are to be used
The
car
passenger
for the first
dealers': stocks
General
stock "(par
common
underwriting.
sales
March 20
period. ".'.
' /
during the
sold
.sales
car
through
to the rate of sales."—V. 181, p.
the
to
2.32
was
2594.
p.
Goodyear Tire & Rubber Co.—Buys Plants—
,
"On
Profit Set New Records—
with
18Q,
period. " " *
Mr.
certifi- /
plan
payment
liabilities
current
^
days of March, and during the period Jan. 1 through
'
'
/
-
20.
car
same
registration statement with, the
a
15,000
used
GM
cars
10
1955
mark for the
a'so
129.4%: of the
:or
With SEC-
new
second
The
The
for
dealers
20 and
^
.
fully-paid accumulative plan certificates.—V. 177,
company
GM
,
-,
for
the. five
of
'^
,
sales
car.
the 1954
of
records
•:'//'/
.
new
Each
'
Franklin National Life Insurance Co., Greenville, S. C.
The
company's financial 'position1 continued strong with net working
on Dec. .31,-last, $3,549,005, an increase of $928,305.
The ratio
1953.—V.
147.2%
714,982.
-
.
—Files With Securities and Exchange Commission—
SEC
The
capital
cats
of
GM -used
an
500
passenfeer
1953.
.'.GM
320,023
643,804
income—
The corporation
SEC
$2,008,244
' 681,424
/>F«and«rs Mutual DepositorCorp.—Register?
•r
GM
new
20 days of the month totaled 217,120.
This was 133.9#
1954-figure for the period, and 135.2# of the previous high,
in
corresponding -.period.
; 303,989
.
4 3,480,977
.
p..1440.
of
For tHe second" 1<K days of March, retail sales of new passenger cars
by GM-dealers totaled 106,719, or 129,1% of the 1954 sales during the
V,
■
1952
■'1
.
railway
railway
opcr.
:
466,368
59,272
from
'*/.
.
1953
.
229,325
262,792
income...
from
Net
$1,720,939
railway—
Prom Jan. 1—
Gross
1954
=$1,669,444
railway
oper.
sales
for the first
set
/./Fort Worth ^Denver Ry.—Earnings—
Gross
'* •Mr, Curtice. .disclosed'.that-.retail
1,500
of-the
G. H. Walker Ac-Co^—I:
—v.
Neal At Waggonerl-
space,
N.
with
J.
Union
This
10,000
super
new
square
market
store
4eet
_
-
opened
lias
being
a
total
sales
on
of
March
18.000
area.--~V.
30
in
square
181.
p.
East
fort
1203.
14
The Commercial and Financial Chronicle...
Monday, April 4, 1955
(1562)
'
■■
Net
ry.
railway—
from
Net
from
Net
ry.
6,238,860
2,397,284
opfr. income__
♦Deficit.—V.
181,
Robert
Gair
with
Co.
Sugar
Offering —A
Secondary
—
Finance
March
on
by
used
Trust
and
at
Co.,
has
York
New
2,000
at
company
covering
(par 25
The
The
I
laturity
redeem
the
from
March
on
on
There
shares
300,000
of
be offered
to
cents)
a
1963
called
been
have
at
made
at
proceeds are to be
first
10V/4%
the
redemption
for
The
of
record
accrued
bonds,
Immediate
interest.
Street
Bank-State
of
$1
share,
per
of
33/4 % series,
payment will
1955
all
Gulf Coast Leaseholds, Inc.—Extends
to
March
Bell's
just
the
well,
Just
—V.-
179,
completed,
is
mile
IV2
a
step
Operations—
1612.
p.
the
from
'
out
No.
Gross
$6,307,887
$6,596,196
$7,321,141
1,651,675
660,302
2,345.612
916,596
Net
ry.
4,600,000.
If
its
authorized
rights
shares
all
to
will
Gross
from
„
from
Net
ry.
1955—Month—1954
—V.
12,830,555
13,584,969
3,521,624
15,205,491
4,719,083
1,360,593
1,826,516
181,
Gulf Oil Corp.—New
A
push-button
woolens
moth-proof
to
for
$44,438,653 $15,135,978
605,735
488,139
895,469
Perthane,
a
Besides
The
time in
moths,
fleas
pedes,
wetting
efficient
new,
the first
for
it
and
is
useful
spiders.
odorless
and
civilian
a
$1,693,210
$4,145,246
Crll4,299
Crl70,365
Cr244,879
Cr361,002
15,765
39,701
23.592
60,652
deductions
available
silverfish,
roaches,
insects
combatted
are
$2,229,021
$1,823,874
$4,366,533
per
633,727
1,296,562
1,357,486
$1,592,133
Utilities
registration
Moth
Proofer,
is
available
now
shares
Freight
total
of
its
with
the
total
SEC
May
on
14,
108
1954,
'?
29
reported
income
tax provisions, in the
earnings of $354,592.
1953
On
the
basis
"both years, the
with
34
cents
of
net
earnings of
ended Dec. 31,
year
shares
of
1954,
stock
common
1954 earnings were equal to 44 cents
share
a
the
compared with
before.—V.
year
179,
share
for
simplify
1480.
p.
This
two
The
Philadelphia firm, one
long-term leasing of fleets
division
a
of
The
Hertz
the
of
of
oldest
passenger
in
the
country
will
cars,
be
The
of
in
L25
cooperation
other
cities
with
the
in
of
many
United
States,"
Robinson
<0
presently operates
Industrial concerns
major
provide
auto
nucleus
a
leasing,
provide
ally
<
ontracts
In
<
Mr.
rental,
and
Iruck
of
Jacobs
the
Hertz
1,800
United
•to
States.
operations
in
It
on
a
Corp.,
Dec.
off
were
Central
about
to
and
The
corporation
stock
writing.
(ty
March
on
The
mining
be
to
offered
proceeds
filed
1
covering 55,474 shares of
to
are
letter
par
be
of
stock
a
common
at
and
(SI
used
to
notification
5,000
share),
per
pay
for
with
shares
1954,
Net
the
at
debt
all
end
31,
expenses
the
successful
the
Illinois
profit
j
ales
for
the
dims
ended
Hoffman
during
without
in
owners
Dec.
totaling
31,
the
1954
Mr.
told
annual
the
were
$42,647,008
1954
shareholders
had
been
to
as
by
approximately
Life
that
report.
second
compared
one
continue
largo
issued
the
of
and
of
re
V.
$50,415 146
company's
Co.
and
the
sale
a
of
15-year
130,000
loan
no
value
the
par
preferred
call
a
debt
debt
said
that
sales should be
first
p.
of
sLx
the
year.
months
For
of
this
1955
reason,,
to
1077.
equal
come
during ..the
the company does not expect
the same period for 1954.—
of
capital
track
115
capital
of
stock
30
for
to
in
miles
of
Mines";
for
the
conversion
to
such
Approximately $25,000
for their
purpose.
the
will
and
Secretary-Treasurer
the balance
will be
utilized
working
as
;=/.
RR.—Earnings1952
1954
$2,450,759
$3,038,516
405,940
366,655
495,642
498,672
236,998
222,026
255,431
251,531
5,145,881
income
the
debentures
new
in
heavier
hopper
1954.
rail,
and
cars
at
1953
$3,118,629
the
$37,305,651
beginning of
for
net
end
of
181,
parent
1954,
disposal
($3.12
Returns
subsidiaries
and
parent
manu¬
consolidated
($2.80 a
itself
for
assets.
to
net loss of
In 1953; met
consolidated
net
company
share)
amounted
a
amounted
income
consolidated
in
contingencies,
part
dollars
in
the
to
because
and
retention
and
earnings
currency
income
net
in
to
to
the
fact
remitted
be
restrictions
com¬
subsidiaries
by
part
cannot
of
parent
imposed
of
that
the
to
the
by
governments.
S.
Government
securities
hand
on
at
the
end
1954
of
approximately
$17,500,000
by
IT&T's
whobv-owned
Standard Electric Corp., which applied the
International
parent company.
invested in foreign manufacturing operations
in 1954 than in 1953, and some improvement
also shown in domestic manufacturing. Net income from telephone
raido opearting subsidiaries declined slightly, due to the fact that
was
and
capital
on
of
companies
those
mensurate
with
rising
unable
were
costs,—V.
Syndicate
181,
of
to
p.
obtain
increases
rate
com¬
412.
America,
Inc.,
Minneapolis,
Minn.—Registers With SEC—
This
its
$145,427
81,800
its
and
share)
Division
S.
.
subsidiaries
$20,068,525
$1,000,000
U.
higher
investment
registration
face
series
$263,163
its
$399,000,000
but
;
-
providing
Coolerator
of
to
all
and
corporation's
company
after
and
generally
were
paid
47,228
parent
both
due
U.
amounted
1953,
and
proceeds against its indebtedness to the
'
$113,437
1954
the
is
to
subsidiary,
1,536,248
49,809
a
foreign
Investors
$152,697
of
by
$34,332,194, compared with $22,524,326 at the end of 1953.
The
increase resulted from the sale in Switzerland and unsecured debentures
$1,681,675
1,474,439
High¬
were
1955—2 Mos.—1954
732,621
the
between
foreign
.eouivalent
a
726,158
for
growth
1311.
expenses
—
share).
a
company
and
of
corporation
the
respective
Cash
end
the end of
corporation
share),
a
($1.63
for
of
the
income
income
earnings
1,500
p.
Corp.
"■
of
($1.35
difference
some
diesel
of
Telegraph
&
1954 totaled the equivalent of
year
net
pany
road
$1,737,602
ry.
income
of
The
the
at
accounted
was
the
-
at
$379,000,000
$22,377,611
RR.—Earnings—
1955—Month—1954
552,816
companies.
$11,705,764
improve¬
purchase of 51
the
1,174,262
560,229
of
this corporation
set a new record
of
compared with the previous record of $362,193,214
hand
on
from
to
railroad
Major
year.—V.
6,407,366
1,110,506
442,095
sales
net
income
common
construction
at
the
6,326,299
736,286
461,738
Telephone
1954,
Orders
the
most
to
5,077,670
814,558
income—
1311.
p.
$9,724,253
par.
$23,869,541
of
railroad
railway
railway:
net
the
and
privileges,
$846,058
company
covering an
certificates (tingle
amount
installment
10
'
filed an amendment on March 25,
statement
face
amount
additional
$1,000,000
payment),
and
certificates,
1955,
to
of
fully$10,000,000 of
$75,000,000
series
15
53,664
income
certixicates, and $125,000,000 series 20 certificates.—V.
179, p. 2142.
1311.
p.
are
the
con¬
1955
increase
the
for
redemption
$878,855
of
television
quality
Baruch
and
$2,502,649
oper.
181,
The
there
year
revenue-
^equipment,
shares,
common
purchase 10,000 shares.
devoted to the institution
be
of
and
from
facturing
a
oper.
181,
have
will
railway
compared with
changed
was
the
on
oper.
oper.
shares
railway__
oper.
1953.
of
funds for the stock
led the Illinois Central
conversions
the
of
amounted
from
150,000
1954, to date; $15,000 will be spent for a drilling
determine whether or not a commercial body of ore exists
from
ry.
.
precision
guided missiles.
1
1954,
milling
properties
by the company engineer; $126,000
equipment; and $34,000 for o^her
and
Sandkuhl
Mr.
$372,638,805 in
provide
expenditures
by
covered
$451,928 from
the
88,800
will
related
items
$2,400,000
boxcars.
revenue
ry.
and
lor
5,
mining,
from
,/
from
Jn
12
Offered—C. E. Unter-
Public
The public offering
Service
hysteresis
horsepower
motors
of
cameras,
timing
disc
devices
required.
and
and
tape
many
expenses
N£t
supplies '
recording
other
uses
higif qug.hty.
Net
1955
22,868,093
$4,803,694
I
$4,600,436
35,226
deductions
44,556
$4,838,920
$4,644,992
I
—
1,462,959
income
on
20,637,210
(net)
income
Dividends
1954
$27,671,787 $25,237,646
and taxes
7__
1,383,879
#3,375,961
$3,261,113
preferred stock..
517,536
517,585
$2,858,375
$2,743,528
2,702,206
*2,702,206
servo,
Balance
after
Common
shares
Earnings
per
preferred stock dividends——
outstanding
common
share
!
1
$1.05
,
*$1.01
♦Adjusted to give effect to the issuance of additional shares of com¬
stock on Dec. 13, 1954 to common stockholders, on the basis of
motors
mon
equipment,'facsimile
where
Co.—Earnings Up—
28—
earnings
Gross
was
Feb.
revenues
Other income
tvpes.
The corporation also
Ended
Operating
Income
subfractional
and
Months
Operating
These
met,m*s
have
a
range of application.
In the airborne instrument field they are
used as actuators in electronic
controls, automatic devices, fire control
instruments -and servo mechanisms, as well
As fn
aircrafti cameras
—
minerals
April
on
developing,
other
warrants to
recommended
"Consolidated
of
and
-wide
considuerably larger for 1955,
exploring,
and
purchase
to
$270,000
International
value common and 363,502
stock outstanding.
date
$12,000,000 of
made
induction,-synchronous
of
to
is
lights of 1954 Annual Report—
reduction
split
were
close
Dec.
on
final
1955,
extent
said
were
and
manufacture
from
shares
price
exercisable at $5
Delaware law
the purchasers of
machinery
to
ry.
1954
made
BUSINESS—Corporation, with its plant and offices located In Westbury, Long Island, N. Y., is engaged in the design, development and
stock.
Hoffman
half
181,
major
offering
April 5,
from
—V.
the" consolidated
under
common
At
opment Corp. of Boston, Mass.
quickly oversubscribed.
the
$4,250,000 .through
Insurance
the
"though production schedules will make the increase
last
with
the
per
under
chrome
10,000
to
Net
trusts.
company's
railroad
the
value.
new
debentures
than
more
them
"Cam^ute
Gross
chased for investment by American Research & Devel¬
Consolidated
highest in
growth of the company
earnings. The company increased its
unduly affecting current
ipital
\ ommon
t
year
history,
3 fetropolitan
<
$1,485,513, or $2.08 a share, an increase of
profit of $1,199,655, H. Leslie Hoffman, Presi¬
share
The
of 65c per share (plus
also has agreed to sell to
stock purchase warrant, one
or
own
and
Net
berg, Towbin Co., New York City, on March 30 offered
12,500 shares of common stock (par $1) at a price of
$6.75 per share. In addition 7,500 shares have been pur¬
was
net
to
basis.
own
from
Iowa
1953.
Mr.
<
1954
1953
reported
company's
fir
for
the
over
dent;
on
company
lc
acquiring,
February—
incident
Up 24%—
year-
commission
of
activities.
Hoffman Electronics Corp.—Net Profit
Net
of
paid
Net
in
completion
Central's
Induction Motors Corp.—Stock
fl%
efforts"
The
organized
was
proceeds,
for
be
the
1927
in
1, 5955. Aa of that date, 3,032,945
outstanding stock of the railroad. The
all
operations
Net
—V.
the
Gross
1954.
was
March
25-year
203
50-ton
Railway
Railway
pre¬
same
the
to
speculation" by Baruch Brothers & Co.,
International Great Northern
ports
of
reduction
The
par
issued
Illinois Terminal
under¬
the
at
$188,623,000,
was
reduce
1954,
the
par
Jan.
on
The
were
Working
the
of
without
the
at
capital.
for
$32,000,000
to
stocks
no
of
$50
after
Johnston
Net
ferred
Mr.
program
at
Files—
I.EC
held
prevailing
approximaetly 86.35% of the capital of the com¬
approximately 36.25%
of the common stock.
In
Sandkuhl and the other promoters will own 14,800 war¬
will
used
11%
along the railroad in
$383,278,672
1944.;
previously
Period End. Feb. 28—
Seattle, Wash.—
a
price
a
whereas
will
entitling
services
released
railro&d throiurh
31,
marked
1954
1,
to
Central
equipment
decrease
more
final
of
1077.,'
p.
selling
a
manganese,
and
will
dis¬
was
6%
preferred stock of the company.
A total of
shares outstanding • at the close of the year were
common
shares.
The balance of 5,917 preferred shares
locomotives
^
June
represents
Mr.
steel
its truck leasing facilities by purInc.,
world's
largest
individual
Hi-Boy Uranium Exploration
Illinois
produced
of
of
program
bonds
of
new
repurchase
ments
the
1955,
high
preferred
$18,000,000
and
said.
He explained that the operation will
3,600 autos Hertz-owned stations have on
9,000 trucks they lease both under long-term
daily basis.
for
and
renting
operation.
Metropolitan
operates
trucks in New York City.—V. 181, p. 1310/
4,000
will
long-term
leasing
-than
•
amount
level
end
own at a cost to them of $118,560, plus the time
of Mr. Sandkuhl and $25,000 spent by him in endeavoring
and acquire mineral properties in Cuba, 63.75% of the
struction
exceeded
it
preferred
redemption.
leased
cars
the
the
shares sold, the warrants being
acquired pursuant thereto.
purpose
Jjocate
be
1955.
outstanding
shares
sold
about
declared.
than
more
throughout
expansion
Hertz expanded
Metropolitan
Distributors,
hasing
Mr.
of
in
1953,
18%,
$227,863,568
to
located
of
as
structure.
value
redeemed
were
the
and
January,
fleet
a
members
28,
la^ ten years included the call by the railroad
shares
Illinois
the
outstanding
Jacobs
balance
a
<
for
the Hertz System
from
by
years
by the
and
were
end
that
the
basis
par
the
converted
as
Corp.
"Hertz
contemplates expanding the new division.
It will be de¬
veloped with the nationwide facilities of the 33 Hertz-owned operations
and
of
363,585
engaged
operated
debt
the
debt
of
2,719,360
shares
has
excess
the
in
Fiotn Jan. 1—
carloads
said
and
$100
were
purchased Robinson Auto Rental, Inc., Phil¬
adelphia, Pa., for more than $2,700,000 in cash, Walter L. Jacobs,
Hertz, President, announced on March 26.
in
at
series
•two-for-one
Corp.—Buys Auto Rental Firm—
corporation
17%
down
ten
handled
cars
long-term
its
Common
s
in
$16,976,000
of
the
at
15
share
mining program
$0.83
Feb.
mortgage.
compared
181,
inventories
of
below
a-"best
at
each
American
the
Of
40-year debentures due in 1966, thereby enabling the company
to bring the Edgewood-Cutoff line under the Consolidated
Mortgage.
This move further strengthened the Illinois Central's financial
posL
tlon and enabled it to refund during
1954,. at move favorable interest
after
outstanding
a
1954,
amounting
all-time
an
its
from
Hertz
for
industries
new
Johnston
costs,
1,055,700
$1.00
business
to
railroad's
to
of
$463,832,
$0.38
close of
at
$4,839,000. Total debt at the end of the year
$129,515,000 bonded debt and $59,114,000 equipment
Mr.
the
Hastings Manufacturing Co.—Earnings Higher—
March
of
funded
with
achievements
on
for
stock,
revenues.
170,000
$282,110,025
of
up
half
also
$10,000).
$750,000,
$2,574,205
Johnston, President, in the annual report
number
of
amounted
the proposed offerings of 160,000 shares of preferred stock
(par $100) and $24,000,000 of first mortgage bonds due 1984, were with¬
drawn on Feb. 11, 1955.—V. 180, p. 1536.
company
Brothers
Net
compared
filed
$3,069,971
previous
revenues
freight
Consolidated
Co.—Offerings Withdrawn—
statements
$1,190,147
$0.52
outstanding
by Wayne A.
approximated
at
slightly
sales
$17,626,000
of
Industries, Inc., New York^—Registers
with
to
up
selling
rants
revenues.
covering
The
share
com.
on
company's net income
net income for the
the
and
Gulf States
The
income
years.
A
named Gulf Trak
outlets.—V.
181, p. 1440.
than
are
on
share,
of
addition,
$3,931,691
636,888
Export and import traffic handled by the
centi¬
thoroughly
rate
a
with
of
•
that
quarter
filed a registration statement with the SEC
covering 150,000 shares of common stock, 10c par,
York),
per
pany
charges
charges
19%
ants,
by
less
product
public sale "as
cemmon
for
fixed
of
at
sales
first
and[ services
to
from 1953 compared to a drop of 13%
for the industry as a whole.
Operating expenses of $209,009,842 were down 5% from 1953.
Revenue
freight totaled 70,964,412 tons.
Coal accounted
for 24%
being
is
compares
Higher—
stockholders
the
Henry Sandkuhl, of Short Hills, N. J., is "listed as founder,
controlling person and President.
In the event the present
iinalncing is successful, Mr. Sandkuhl and the other promoters and
on March 24.
Net income for 1954 was $22,014,194, or $7,68 per share,
compared with $26,369,081, or $9.29 per share, in 1953.
Operating revenues for 1954 of $275,959,490 were down 11% from
the previous year, but were 4%
above the average of the previous
one
This
and
told
30
during
theijr associates will
closed
they infest.
areas
spray,
retail
ingredient
the
employees.
Cuba."
$3,631,341
income
The
product.
against
These
insecticidal
its
of
SEC—
1955
common
and
854,712
$2,130,487
income
oper.
•Based
year when used as directed, has been developed by this corporation.
The 12-month guarantee is based on a long-lasting formula containing
Used
which
options
two
promoter,
(net Dr)
ry.
♦Earns,
Development—
guaranteesd
spray,
(New
"for
5,587,774
10
March
on
and
1954
reported.—V.
invested
4,434,004
of
and
With
Inter
1955—2 Mos.—1954
5,713,426
Income
1077.
p.
of
and
issuance
for
reserved
are
exercise
products
$21,500,000.
American
warrant
2,592,874
Misc.
1,657,400
Income—
an
corporation
$5
per
2,870,305
Other
14,948,931
3,403,749
1,362,251
railway
Inc.
be
181,
35,062.151
average
railway..:
oper.
the
upon
rayon
capacity
are
be offered for
offer¬
new
4,644,285.—V.
33,684.512
Net
From Jan. 1—
Net
of
from
stock
common
semi-finished
year,
25Ve
Baruch
oper.
and
Kline
Stock
March
stock
common
the
of
total
17,046,316
2,274,388
849,576
income—
oper.
part
1954.
quarter
expenses
rents
$7,274,518
1,722,982
674,353
of
of
ouarter
last
This
$21,820,539
1952
railway
the
at
underwriter.
Assistant Treasurer
President,
exceed
of
Inter
or
16,057,266
Net
1953
exercise
the
Rayon Corp.—Quarterly Sales
first
Brothers
1954
to
time or in
share
its
sales
company's
end, Mr.
and
$22,263,793
-
1955
railway—.!
from
from
expansion
for
revenues
Fixed
Net
would
first
stock.
Gulf, Mobile & Ohio RR.~ -Earnings—
February—
purchased
Pre ident.
Railway oper. expenses
Railway tax accruals
Equip. & joint facility
well.
1
funds
Kah'cr,
increased
recently
outstanding
Period End. Feb. 28—
its
completed
company
share;
per
stock
the
upon
sell
per
Kline,
the
time
Illinois Central RR.—February Earnings Up—
initial well in the
Martha Field where the company owns 2,500 acres.
This well flowed
approximately 290 barrels of oil per day. Subsequently, the company
completed a similar well, an offset to its initial well.
The third
1954,; the
December,
V.
common
from
shares
taken
are
additional
William
production.
In
B.
Finished
205.
p.
completion
the
20
provide
Telephone & Telegraph Co. owns 3,953,638 shares,
Illinois
of
6,000,000
ing
of a major
extension of its Martha Field
production in Liberty County, Texas.
Company officials estimate a daily production of about 225 barrels
of oil from the well which is located
3,500 feet from the nearest
announced
company
$6.75
Corp,
investment
the company's stockholders. ,• <
are
reseryed for issuance
of
one
of
for
held.
company
Railway
The
price
a
Development
common
any
shares
to
the
quarter
the
The Chase National Bank of
Y.—V. 180, p. 2696.
at
&
common 'stock
Development
&
1956.
company's
1955
would be distributed June 30 to stockholders of
through rights to buy one new share at $100 for
3,
shares
American
The
and
State
Co.,
Trust
31,
the
issue
June
six
99.32%
15,
April
would
improvement said
proposed
The
mortgage
refunding
and
and
Second
financing
The
each
on
to
at
$6.75
has sold
of
service
Redemption-
Sts., Boston, Mass., or at
New York, New York, N.
Congress
City
redeem
to
additional
Hayden
wiL-out underwriting.
used for general corporate purposes.—V. 176,
at
company 011 March 29 petitioned the Illinois Commerce Com¬
mission for
authority to issue 663,469 shares of $100 par common
stock.
bank loans.
1963 and to repay
outstanding
due
used
were
of
share
per
agreed
whole
Industrial
letter of notification with the
common class A limited voting slock
filed
28
Thte
Buringlon Gas Light Co. first mortgage
5%
bonds at
Jan. 1, 1955, and those from the sale of the bonds to
April 15, next, $7,400,000 3%% first and refunding mort¬
Calls 3%% Bonds for
the
stock
the
of
*127,500 shs,
Research
options will be exercisable in whole at any time ^>r in part from
time to time during the period
commencing Oct. 1, 1955 and ending
Illinois Bell Telephone Co.—Plans Financing—
private sale, at
on
gage bonds due
be
of
sale
1955
Research
shares
$10
in
(par $100).
proceeds
il,243,000
March
American
Said
1864.
p.
Dec. 15, last, of 12,430 shares of 5% class A pre¬
ferred stock
of
price of
a
company
Dec.
placed privately $8,000,000
with a group of in¬
This followed the
stitutional investors.
to
option which the
The option
will be
time to time during
the period commencing Oct. 1, 1955 and
ending Dec. 31, 1956.
£.35% first mortgage bonds due 1985
par, on
additional
company has
exercisable in
Finance Corn/, to refund
borrowings (in both the
additional working capital.
been appointed trustee and
provide
in
shares
785 shs..
...
150,000 shs.
issued
American
5,000
Outstanding
785 shs.
value)
par
shares
Investment
price
a
FINANCING
stock
price from Morris Fromkin,
2,500
short-term
to
($1
additional
same
PRESENT
TO
Authorized
2,500
Simultaneously
Household
subsidiary
Canada
for
Corp.
r'
y
...
Hub Loan Co., Jersey City, N. J.—Files With SEC—
Corp.—Private Placements—
15
stock
♦Includes
an
'
EFFECT
preferred
value)-™
par
Common
Corp.—Debentures Sold Privately
GIVING
non-cumulative
($100
registrar for the new debentures.—V. 180, p. 2397,
The
Power
and
and
Bankers
The
2396.
p.
States
be
will
company
United
SEC
company
for
has
placed
privately -$25,000,000
sinking fund debs., due March 15,1975,
number of leading United States and Canadian
proceeds
parent
18,100
of
Green Mountain
The
scheduled
been
Higginson Corp. and A. E. Ames Co., Ltd., acted as
agents in negotiating the placement.
•;'
shares of common stock
(no par) was made on March 30 by Blyth & Co., Inc.,
and Dominick & Dominick at $21 per share, with a
dealer's discount of 60 cents per share. It was oversub¬
180,
has
areas,
Lee
Inc.—Exchange Offer—
above.
Inc.
Co.,
offering
scribed.—V.
Bay
1440.
p.
';
'
.
V,
v
5%
'
.
CAPITALIZATION
Sunny¬
corporation
a
The
secondary
Francisco
101,
plant at
$1,000,000
new
institutional purchasers, it was announced on March 28.
Western
Great
corporation's
(Canadian)
1203.
p.
Great Southern Box Co.,
See
—This
32,573,329
2.538,297
*886,035
32,818,114
3,994,359
332,892
30,615,400
1,635,290
*2,322,696
33,630,418
railway-
railway
from
the
San
the
12, 1955.—V.
Household
1—-
Jan.
From
Gross
Net
of
286,358
750,629
361,479
1,299,234
income.,.
oper.
May
3 360,298 "
In
Calif.
vale,
$13,415,114 $16,301,539 $16,676,038
2,420,010
2,485,998
1.963,854
$13 945,843
railway—
from
Gross
dedication
The
1952
1953
1954
1955
Ilollingshead Corp.—To Dedicate Plant—
(R. M.)
Ry.—Earnings—
Great Northern
February—
V
■
-
precision .and
*
one
additional
share
for each
share held.—V.
(Continued
on
page
181, p.
52)
1078.
t*
Volume 181
Number 5417 ."1. The Commercial and Financial Chronicle
(1563)
15
"
Per
DIVIDENDS
Name of Company
■\
Hayes
-
Dividend announcements
tables.
In
nounced
table
which
in
all
the
Then
show
we
Mfg. Corp.
(quar.)
Heidelberg
Brewing
(quar.)
grouped in two separate
are
indicate
we
during the current week.
second
a
first
the
dividends
Hendershot
an¬
Hercules
follow with
Hook
payments previ¬
the
Hotel
we
Per
;
Name of Company
:
Amalgamated Sugar, 5%
American
Box
Board
American
Can
American
Discount
5%
Co.
Georgia
News
Fund,
Co.
'
-
1
Development
action
no
on com.
$15c
payment
Company meeting held March ^U)r>r
Atchison, Topeka ft Santa Fe Ry. (quar.)
Finance
Co.,-$1.60 prior pfd
(L. S.> St Co.,
4% %
preferred
preferred
4-
••
ri
-
,
/>.'•
5
:
3-
:
'
'
'
$1,25
30c
(quar.)._—_______________
r
4-
-
" .!*'
4-30 •*;
4-15
4-30
■
$1.12%
Lane
*•
4-20?
4%%
(1947 series) - (quar.)____
$1.12%'
Badger Paint ft Hardware Stores, Inc.-=^=•
•Quarterly
——50c
4-30 "
' 4-20
4-
Banlife
4-25
Corp.
40c
f.Bartgis Bros. Co.
Bathurst
Class
Birmingham
Fire
Quarterly
-'Booth
Products
Brewing
Burger
Buzzards
Byron
Bay
Co.
Gas,
Jackson
Co.
California
Paper
Power,
Co.
preferred
.'
Class
Chicago
Corp.
(quar.)
Coghlin
(B.
Colonial
5-13
6-30
5-10
5-10
2
40c
4-15
40c
4-15
3-28
20c
5-
4-
25c
4-20
—;—____
$6c
2
4-30
5-31
5-
Columbia
$1.06%
5-16
Corp.,
Commonwealth Stock
investment
Composite
$4.25
Fund,
Connecticut
Printers
(quar.)
Coppermines
Metal
Consolidated
Royalties,
De
I.
The
C.
common
will
be
Detroit
Gasket
Dominion
&
Pont
asked
&
the
plan
Eagle
preferred
5%
(quar.)
4-25
Ekco
Sault
Electric
Products
4-29
4-
t25c
-
4-27
93%c
4-15
1
4-
1
$1.50
45-
1
12'/be
(quar.)
15c
50c
Corp.
Co.
1
3-29
Services
25c
5-13
2oc
.
prior
preferred
.
5-
•
-
Filing
_
.
Equipment
took
Company
—____
4-15
4%
action
$1.25
4' 15
time
B
(quar.)
Fort
Street
Union
Frankennauth
Freiman
«A.
Depot
J.),
Ltd.
_
(quar.).
Co.,
General
Mill$
Gladding,
&
(quar.)
Co.
7%
preferred
Rubber
3-31
4-11
3-31
5-
1
4-26
5-1
4-26
Bros.
5-2
4-18
(quar.)_
4-16
5-2
35c
(quar.)
4-20
$1.75
50c
1st pfd.
7-
1
4-
8
4-8
•
4-
8
6-20
6-15
5-16
4-
(quar.)
t$1.50
1
3-23
(quar.)___
$1.50
4-15
3-31
4-15
3-31
10c
4-26
4-15
25c
4-21
4-7
(quar.)
25c
5-
America
Fund
Co.,
(quar.)
common
convertible
&
Hartford
Electric
Hartford
Steam
preferred
Light
(quar.)
Boiler
(payable
&
cash
pfd.
40c
(quar.)___
56V4C
28c
unless
stock
requested)
Industries
4-15
is
—
2
4-15
4-15
4-
5-
1
4-15
4-30
3-31
5
30c
4-30
4-25
3-31
4-
1
5-
1
4-15
5-
1
4-15
5-
2
4-15
preferred
6
6-
1
3-25
3-21
4-15
4-
22%c
50c
(quar.)
10c
Life
Island
4-20
3-31
3-23
3-31
3-23
3-31
3-23
3-23
5-
4-11
1
1
4-11
1
4-11
5
-1
4-11
5-2
4-20
5-
2
10c
4-
1
3-18
25c
4-26
4-11
$1.37%
4-20
4-11
15c
4-15
3-31
20c
—____
4-18
4-
4-
I
3-18
3-31
3-23
33%%
20c
4-20
7
Carolina—
Protective
(increased
Co.
35c
,
3-21
4- 1
$15c
4-15
4-25
4-11
$2
(quar.)
5r 2
25c
4- 1
5- 2
3-25
4-20
quar.) __—35c
93%C
5- 2
4-20
tquar.)__—90c
A
,
5-1
4-21
5-
4-21
7
25c
(quar.)
Sargent & Co.
v
Scarfs
&
Class
.
B
Schaffer
class
6%
Falls
(Directors
preferred
(New Haven)
(quar.)
4- 4
5- 2
4-14
5-
2
4-14
37%c
40c
(quar.)
3-21
4-15
20c^
______
1
25c
______—
(quar.)
Stores,
Security Insurance
Seneca
;—7%c
1
10c
(quar.)____.
A (quar.)
Co.,
4-
1
3-22
5- 2
4-15
4-
Machine—
omitted
payment
at
this
Shawinigan Water & Power Co. (quar.)
Sibley, Lindsay & Curr (quar.)
(J.
Hungerford)
Industries Fund,
Southern
Southern States
5%
Iron
preferred
Standard
of
the
Inc
&
Class
Sterchi
Stone
B
31 VhC
-_1
5.20%
Sunrise
capital
preferred
Superior
Steel
Technicolor,
3-22
1
series)
(quar.)
—
quar.)
,
1
1
4-11
6-10
5-27
4-18
4-
65c
5-
4-15
65c
iquar.)
(quar.)
(quar.)
55-
12y2c
(1952
-
1
20c
(quar.)
5-
25c
—_—
series)
Corp.' .(increased
Inc.
4-
25c
surplus)
<quar.)_
4-15
5-2
4-5
'4-5
Share
all
5 'A %
of
Co.
Payable of Rec.
holders- of
to
stock
on
,
share-
a
Co.
2nd
V
,
7c
27%c
(quar.)
3-28
4-8
3-28
1
4-15
5-
50c
from
9
3-17
4-
8
3-28
6c
$2.50
(quarterly
4-
10c
(s-a)
5-2
75c
(quar.)
10-
4-8
net
4-20
3-22
(quar.)
common
6-21
1-3-56
12-21
75c
(stock div.)
com.
9-15
7-1
$3
America,
1
$3
(s-a)
100%
(initial-quar.)
25c
(quar.)
93%c
4-20
3-25
6-10
5-10
6-10
5-10
7-
6-15
1
of Canada Ltd.—
(quar.)_
preferred
(quar.)
Petroleum
J25c
6-1
t$1.31
6-1
75c
4-29
(quar.)
5-6
5-6
4-15
v
Air Filter
convertible
Co.,
(quar.)
common
35c
(quar.)
Insurance
Co.
Arma
.
Fidelity
junior
Co.
Hair
Home
&
4-19
:25c
'-4-15
4-20
Felt,
3M5
k
3-25
3-25
4-20
,3-25
4^29
,
4-19
(quar.)
(monthly)__
30c
31'Ac
4-11
4-11
3-31
30c
com.
(quar.)
common
4-20
50c
(quar.)
25c
25c
com._
(quar.)
preferred
American
in
.__
& Casualty,
(quar.)
preferred
$1.20
2
Theatres
beneficial interest
(quar.)
$1.25
5-13
5-
25c
*.
____.!
Distilling
1
75c
(resumed)
Certificates of
American
3-23
6-
Corp.—
Broadcasting-Paramount
Common
American
3-23
5
,
(increased)
preferred
4-
3-23
30c
Bosch
Common
4- 5
(St.
(quar.)
American
4- 5
18%c
$1.75
preference
(quar.)
Automobile"
Book
4-11
3-31
3-31
La
Products
Corp.
France-Foamite
Extra
American
Machine
3.90%
Foundry Co.—
(quar.)
5%
preferred (quar.)
American-Marietta, new
American
4%%
3-25
4-
5
$1.25
(initial)
common
20c
(quar)
Molasses
$1.25
$1.12%
(quar.)
12'/ac
6%
preferred (quar.)
American Nepheline, Ltd.
Phenolic
American
5
(interim)
Lines,
3-25
*
4-15
3-31
4-15
3-31
5-
1
4-20
5- 1
4-20
6-
1
5-20
4-
6
3-28
15c
4-15
3-18
50c
5- 2
4-15
5-
4-15
37%c
2
t2c
4-15
4-
12%c
(quar.)
President
3-31
:
American National Fire Insurance Co. (quar.)
American
Natural
Gas, common
(quar.)—
American
4-14
4-
97%c
Metal Co., Ltd.—
preferred (quar.)
American
4-10
5- 2
&
preferred
preferred
25c
25c
(quar.)
20c
25c
American
5%
Holders
shares
common
preferred
Amerada
When
4-11
Inc.
preferred
1st
h
-
-
^
4-29
4-15
1
Ltd.—
5%
preferred
(quar.)
$1.25
5%
preferred
(quar.)
$1.25
9-20
9-12
5%
preferred
(quar.)
$1.25
12-20
12-12
American
7%
Smelting
1st
&
Sumatra
American
6%
Wlater
$5
prior
&
preferred
Amoskeag
Co.,
Telegraph
Wire
preferred
(s-a)
Oil
Co.,
Class A (quar.)
Anglo-Newfoundland
Anthes-Imperial
2nd
Ltd
7-
5
(quar.)
6-27
4-26
4-
4-
5
8
3-31
4-15
3-15
$50c
4- 7
3-15
t70c
4-20
3-30
$56%c
5-2
4-7
Mfg.
6-
$15c
4-5
3-3
30c
4-15
3-25
1
5-13
Co.—
6%
Co..
pfd
(s-a)
S3
pref.
A
Hegeman
6-30
6-22
25c
4-15
4-
6-
1
4-2J
$$1.12%
6-
1
4-29
$60c
(increased)
Inc.
5-
2
4-13
$20c
(initial quar.)
Equipment Corp., common
4%%
preferred
(quar.)
&
4-3
$ 15c
Aro
Arrow-Hart
2
115c
Development, Ltd
Mills
pfd.
5-13
5-
40c
(quar.)
Corp., Ltd., com
4%%
1st preferred (quar.)
$2.40
1
75c
com.
Co.
Cameras,
1
6-
$2.25
Cable
&
6-
$1.25
Pulp & Paper Mills
$2.80 preferred (quar.)__
Anglo-Canadian Telephone Co.—
4%%
preferred (quar.)
Cotton
5-13
37 %c
(quar.)
$4.50
Electrical
8
4
3-15
$0.40104
Anglo-Canadian
Arcade
44-
4-15
Smelting—
Hocking Glass Corp.,
Anglo-Canadian
Apex
4-30
4-14
$2.25
(quar.)
(initial)
Lead
Anaconda
Anchor
&
(quar
preferred
Zixic
$1.75
12%c
Tobacco
Works Co.—
preferred
American
Co.—
(quar.)
Telepnone
American
Refining
preferred
American
6-10
6-20
(increased)
_
30c
56'/4C
4-15
Co.
(quar.)
3-23
1
5-18
GOc
4-15
3-23
10%
4-14
3-13
40c
4-15
3-17
$1
Electric
6-
4
5-2
Electrical
Industries, Ltd.—
Amer. dep. receipts for ordinary (final)
Atlantic
City Electric, common
(quur.)
preferred
(quar.)
4-
7
4-
7
4.10%
tl5c
(quar.)
(1954
Supermarkets
4%
4%.
Corp. (quar.)
Suburban Propane Gas—
V
preferred
3-31
a
Container
5.20%
4-11
tlOc
(From
Stores
'
Associated
(quar.)
Corp.
3-31
Co.—four-for-one split
shares.
"
common
Bros.
4-15
4-15
Steamship
approved
Stanley Brock Ltd., class A
Starrett
4-15
4-25
50c
Roofing—
(accum.)
Fruit
Stockholders
t30c
—
5-25
40c
16c
(quar.)
5- 2
5-2
week, these being given in the
•
Argus
timer
Smith
$3.75
Argus
com.
this
of
Corp.,
Co.
Aluminum
5%%
(quar.)
class
2
5-
3-31
$1.25
—
preferred
Corp.;
3-24
20c
—*___—_____
North
Electric
com,
4-15
5-
(quar.)
preferred
Inc.,
5-
5-
<bi-monthly)_
(stock div.)_,
of
1
3-31
$1.10
of Boston.^
Co.
5c.
-
$1.07%
Insurance
Fund
1
$1.17
(quar.)
Co.
50c
1
175c
(s-a)
American
4-
6-10
(quar.)_
(quar.)
Cable
&
Fuel
3-22
4-11
(quar.)___
(quar.)
Super Mold Corp.
"
70c
(quar.)
5-
Insur¬
I
in
4-5
5-10
683/4C
Inspection
•
Corp. of America, 4%%
Haydock
Fund
j.
4-15
4-15
40c
(quar.)
1
GOc
(quar.)
Marx
Hat
Special
5-12
quar.)___
North
(reduced
Shaiiner
(quar.)
$1
1
$3
of
Mutual
Corp.
$2.4G
Hayes
4-
5c
6-
4-
$1.12%
Russell Reinforced Plastics Corp.—
'
30c conv. preferred
(qu.ar.)_,
•
v
4-8
12%c
(quar.)—
__—
Guarcian
ance
5-24
62%c
Co.
Belyea, Ltd., 0%
Guarantee
Extra
—
Corp.
&
Co.,
Goodyear Tire &
Halle
4-15
1
f50c
(quar.)
McBean
Globe-We'nicke
Hart,
2
1
Mills
com.
Cl'dsr-B
,
3-21
6-
50c
(quar.)_
Instrument
3-29
1
1
J
•
4-13
tl2J/2C
(quar.)
common
6-
95c
.
Fashion
Co.,
Wire
Rhode
•
preferred
General
Hagan
.
4-1
5-
—
Gardner-Denver
Gordon
$1
a—
Extra
4%
/
$2
(quar.)
4-15
6-15
75c
(quar.)____
"Rogers-
25c
(s-a)__
Brewing
■.'4-8
5- 2
4-
'
20c
(quar.)___——
-•Rich's
'
$1.75
(quar.)
Extra
4-25
*"\
93%c
(quar.)
Corp.,
common
preferred
(quar.)
3-22
(accum.)
common
5%
(initial)
Reitman's Canada,
Ltd.
(Increased)*
Republic Supply (Calif.J^ (quar.—_—
4-15
2
on
(quar.)______
15c
(quar.)_____
5.60%
I
this
$1.25
$1.75
pfd.
?3-22
3-30
income)
American
Ltd.—
preferred
Full
Stores
Louis)
the
25c
4.68%
Allied
Aluminum
American
25c
com,
3-30
Corp., class A
Alloys, Inc.—
Fund,
Quaranteed
New
De¬
(quar.)
Bankers,
Co.,
Public Service
Field)
2bc
class
&-Wa/lace,
4-11
15c
pfd.
2CC
i
$22'/2c
common
Corp.
investment
5%
|X
Prudential
3-31
5-
Gear
Industrial
5%%
3-31
4-15
4%%
1
4-1
4-
$7 preferred
(quar.)
4-
'
4-15
$1.50
(quar.)
5%
preferred (s-a)
Allegheny & Western Ry. Co. gtd.
4-20
fi5c
Pocahontas
3-31
',
preferred
Inc., 7% pfd.
Sterling,
Forbes
2
4-21
15c
preferred
Machine
33,i%
at
participating
Firth
5-
25c
20c
Aggregates,
4-11
<3-26
4-15
tijiitial)_-
-
Corp.
Service
American
(quar.)
Inc.—
1
3-26
1
25c
basis.)
$1.10 preferred
•
the
Co.
4-
37%c
Petroleum
Affiliated
4-15
28%c
preferred
Plastic
Bureau—
-no
4-20
50c
Foundry
Electric
5%
3-31
4-15
$1.50
Marshall
stock.
common
--
(see
4-12
ap¬
(resumed)
com.
preferred
Pilot
>
-
20c
"' 20c
&
common
Pittston
4-15
1
-
(quar.)__
& Co.
4-12
1
3-26
(quar.)_
Phillipc-Jcnes
'
(Marshall)
1
4-12
Co.
(quar.) I
(quar.)
3.80%
12-14
$1.25
—
8%
5-
state
in
.4-
4-1
25c
Scott. Motors
Brill
F
American
4.30%
5-2
12-28
$35c
—"
preferred A (quar.)
5%
preferred B
(quar.)—____
Fibreboard Products, Inc.—
Field
the
the
expected
Drilling, Co. of Canada,
Protective
.—
5%
of
of
4.40%
4-13
4-28
5-16
3%
(quar.)
Cloth
Corp.
&
Phila.
4-15
—_____—_______
zzl*
4-11
4-15
preferred
(quar.)
7%
preferred
(quar.)
4-15
4-29
Corp.-*-
(quar.)
(quar.)
of
*3-31
4-15
$1.25
(quar.)
.
4-15
20c
give- the dividends announced in previous
paid. The list does not include divi¬
Aluminum
Aero
4-15
$1
■Extra
3-22
.__w
Giain, Ltd., &1.40 pref.
A
2
4-30
$1
4-15
3-22
15c
Federal
B
meeting
6
.3-29
15c
—^
Addressograph-Multigraph
4-15
weeks.
Corp.,
4-15
5- 2
4-
;_
Finance
2
3-31
Corp,
Building
(s-a)
Personal
4-15
1
5-1
(quar.)
Federal
Class
5-
30c
(quar.),—
-
three
Perkins
1
.4-
25c
$1.12%
(quar.)___——__—___—
dividend
Class
4-15
Acme
3-31
Interim
4-15
25c
Co.
Mfg.
Stock
1
5c
Brewing
Fanner
5-
1
4-15
$1.18%
split
Approval
Corporations
is
C
Aberdeen
.
>
4-15
(quar.)
5-
1
Motors—
Hall
A
4-22
4-15
Coal
Coast
4-15
(qua$.)__
Inc.
Falstaff
annual
Peaslee-Gaulbert
'
(quar.)___
Co
Mfg.
Esquire,
4-22
5-
5c
Light
4- 7
(quar.)
distribution
for-share
4-15
.
:
(quar.)
Car
4V2%
1
10c
Ben
Parker
3-21
(quar.)
__
Emhart
Electric
Airlines,
Pacific
3-31
4-
15c
Consolidated
Old
3-31
37%c
(quar.)
(quar.)
Elgin Sweeper
)
2
f20c
(quar.)_
5-17
(quar.)
common
Company
Brili
F
of
4-15
Co.—
preferred
Co.
C
(Stock
'4-20
15c
Airlines,
Pacific
4- 6
4-30
Co., com.
Products
pfd.
4-15
$3
>
>
_•
common
announced
A
1
4-15
4-29
$1.20
■
4-15
net
Per
$1
the
or
5"
$1.50
<quar.)__
V
(s-a)_—
from
(quar.)—
we
Name of
$1.25
&
of
5-
15c
>
pfd.
Co:
(quar.)
preferred
Adams-Millis
Stores—
1
and not yet
4-15
4-29
$1.09
stock.
Wire
Orpheum
7
t25c
41/2%
preferred
Elastic-Stop Nut Corp. of America
Electrical
5-
$1.14
&
A
dends
..
.
5- 2
5c
_________—_____
Okonit3
4-11
Ltd.—
(accum.)
Industries, common
preferred
(quar )
Edison
10c
40c
$1 pfd. (quar.)
Greyhound Lines—
preferred (quar.)
4.60%
Ltd.—
(quar.)
Securities,
York
Northwest
f41c
Co.,
Co., common
preferred
(quar.)
6%
5-1
(quar.)
Co__
4-
5-
35c
(quar.)
RR.
common
common
Gas
4-15
.5-1
10c
"
'■ >.. 4-
4-30
5- 2
(quar.)
three-for-one
two
3%%
Stores
Eastern
4-15
9c
£Qc
fl5e
(quar.)
at
Niagara Share
at
7%% preferred (quar.)
Duquesne Natural Gas Co.—
$1.50
4
;
5-2*8
>
1
common
25c
50c
Co.,.
preceding table.
I2V2C
(quar.)__l_i_
A
"
62%c
(quarterly
weeks:
'
Lime
a
Northeast
25c
Corp. Ltd.
Ltd.
Canada
)
y
______________
New
8
13.
_
of
'
i
:
«
;♦
common
-
America
Co.,
Ltd.,
4'/2%
Below
■
,i
i
York, New Haven & Hartford R. R.— '
5% preferred
Stockholders
April
on
Linoleum
Paper Co.,
»»
common
Inc
;
Massachusetts
next
the
split
._
Co.
e
-
Northland
(quar.)___
Coal
-
the
by
to
approve
held
Mfg.
Steel &
Donnacona
Du
to
Oilcloth
Quarterly
Dominion
being
be
of
RR.—
three-for-one.
to
4-
D
a
(quar.).)
Gas
partment
3-28
15c
<
(quar.)_______
permission
asked
meeting
a
Fund
Western
is
C.
for
company
4-16
4-20
1
use
4%%
common
3-31
5c
3-15
1'V4-15
New
'
(quar.)
Grande
Bros.,
proved
3-31
4-13
the
on
(s-a)
Stockholders
4-11
4-15
5-4 rt
1
»
(s-a)
England
Inc.—
Investment
Co.
Rio
4-22
$1
1
4-
basis.
Co., 5% 1st
Brewing
(quar.)
Bedford
3-25
1
25c
(quar.)
(quar.).I
&
4-
6-
5-
>.
annual
10
4-11
■
.
split
Paper
New
8
Spice
County
New
>
(quar.)
New
3-22
30c
Products
preferred
Vilbiss
Denver
(increased)
4-
3-31
30c
•>
4-25
13c
—___
Corp.,.
*Zeller's>
4-15
60c
the
5-13
5-10
'
•
direc-.
a
(quar.)
preferred
York
4-15
25c
May
of
preferred
6%
4-15
,
,
4 29
on
the
(quar.)__
Corp.,
class A
Woolson
25c
at
preferred
$2.50 class A
2
6%
•
>; 30c,.4-30 ! — 4-15
r
class
Corp.)
$2 preferred
4-20
5-
4-15
4-29
3
preferred
Waiting
3-26
4-29
5-31
'
annual meet-
split
income )„___.:
Co.
Welsbach
3-25
4-29
(quar.)
Manufacturers
Neisner
(From
com.
Fund
Consolidated
Counselors
(quar.)
2
5c
Stock
&
Consolidated
Partic.
pfd.
new
income)
Bond
Munising
National
5-12
5-
5%
4-1
>
5-13
60c
the
May
to
Investing
Watson-Standard
.4-15
-
at
on
Massachusetts
Warner
4-20
5- 2
5-31
6'Ac
(quar.)
Corp.
&
Street
investment
•
4
3-25:
f25c
(initial quar.)
on
(quar.)
.
Insuranea
Nat'onal
4-15
9c
$1.183/4
Pictures
Mount
4-15
$25c
9
4-1
f30c
Fower, $6 preferred
(quar.)_____
preferred
(quar.)
Picture Advertising Service
(quar.)
Royal Rice Mills, Ltd.
(quar.)
;
$4.20
Motion
7
(quar.)
-
30c
(quar.)
vote
held
preferred
Vermont
$150
'.
Montana
4-11
(quar.)_
Ltd.
Corp., class A
Colonial Finance, 4%% pfd. (quar.)____
.
4-20
1
.
4-20
common
Shoe Corp. (quar.)
Transit Co.,
common:
.Wall*
25c
quar.)
preferred
Missouri
3-28
1
5-12
-
will
be
4-
4- 4
56%c,
•.___
Fund,
preferred
4.50%
4-11
...
1
Co.
Diy
4.32%,
4-20
5-
4-
1
'
63%c
Material,
(initial)
3-31
-
4-14
5-
Corp.—
&
proposal
Vanadium
r
Mississippi Power & Light—
.
6-15
40c
Acceptance
J.)
4-15
1
\19c
(quar.)
A
(quar.)
Ltd.
1
6-
•
10c
•
^
A___
com.
to
Co.
&
prior
Mission
4-29:
5-
*_
(quar.)•-«___
—
held
proposal
Maid
$1.60
5-16
35c
(quar.)___,
Coal
Breweries
5:
4-12
4-20
S.
5%
■■•4—-1
r
25c
vote
be
Eond
B
Minute
3-16
1
40c
L,
Clinchfield
Coast
4-
4-
$1.05
class
B
4-15
Class
4-15
v
25c
$t
•
Co.—
win
Field
Meyercord
75c
4quar.)
(quar.)__
(quar.
Central Warehouse,
4-15
>
31VaC
(quar.)—___
class
three-for-two
a
4-15
5- 2
United
.
4-5
^
22V2c
(quai.)
.McCabe.'Grain,; Ltd.,
3-22
5*1
•
•
„
(quar.)__.—,____^
Service
tc
Manhattan
4-20
4-29
$1
37Viae
Central Hudson Gas & Electric Corp.
*
4-15
15c
4- 7
25c
three-for-one.
U.
6
4-5
4-15
10c
~
preferred
Lighting
Public
Marshall
40c
Carthage Mills, Inc.»'(quar.)
Caterpillar Tractor, new com.
4.20%
5-2
10c
•
-25c
pfd.
Island
Stockholders
3-22
15c
"
—
(quar.)
$3
Star
on
4-20
1
:_
(s-a)—
*
?4-20
fquar.)
Electric
Carpenter
2
10c
,
Brewing Co.. (quar.)
'>■
2
3-22 v
$15c
directors*
5-
3-31
■
to
"
meeting
5-
7-25
B
4-21
3^31
6-
,
(quar.).,
eo.; >(quar.)_
4-21
,
25c
Corp.
pfd.
2
5«*-2
4-11
6-20
8-1
(quar.)
preferred
Long
ing
tor's'
3-21
4-15
Machinery Corp.—
Stockholders
-
4-18
-4- 1
*
of Calif,
Co.
Holfman
4-29
10c
t30c
(quar,)__,
(quar.)
preferred
Oil
S.
3-21:
'
1
5-1
1
(quar.)
Acceptance
'
4
22c
%
-
(quar.):
6%
5-
3-29*
3-31
5c
Link-Belt
3-31
«
•
20%
_____
,—___
(quar:A.
Steel
"
1
-2*1-
Green? Fundr (quar.)
Bowling
-Buchanan
6-
5-
75c
(Ala.)—
Co.
dividend
y*'V/o preferred,
$1.50
_____
(quar.)
com.'
'
3-31
"
5%.
1
50c
:
preferred
Maine
______
>_____
__
-
U.
1
93%c
class A__
.common
Union
4-
'
,
,4%%
4-20
1
200%
Gas Pipe Line
Chemical
Holders
Payable of Rec.
of
*
(quar.)__
preferred
Union
4-
.
(quar.)_______
.
$2.55
4-15
4-10
25c
,.
,
2
share
Building Association, Ltd.
Transcontinental
5
for' each
par)
com. stock)
American, Inc.
Co.
When
Share
(stock div.). (Two shs.
par
Trane
„
($3.33%
r
-
Producing
com.
4-12
25c
_
4-
of
5-
$1
(quar.)
; Lee Rubber &: Tire, new
":"i >:
Insurance
Fisheries,
Stock
4-15
$75c
>
Apfcremetrtv
$6 1st preferred (quar.)
$3 prior preferred (quar.)
_#•*„
20c
(quar.),
Beaux-Arts
4-14
5-
3c
(quar.)
Labora?to|y
preferred
5%
.
4-15
7 V2C
Inc
preferred
,Co.
Class
}■
4-20
100%
Light—
Lone
(quar.);____________
Paper Ltd.—' - -
Power: &
A
,
5-2
(quar.)
Corp.
$1.20
1
4-20
(quar.)
R.) >
Company,
5%
5- 2
20c
(quar.)
(quar.)_—
Shoe
Steel
'
,3-21'.
-
&
Iuc.,>common
Laurentide
>
Traders
11c
""
Fund,
convertible
Bryant^
9-*- _Lanq
3-18
income)
dividend)
;
Hotels
Lakeside
;
4-29
4-15
$1.25
3-30
(quar.)
(James
Laclede
> ?
.
1 '
6-
80c
1
-
Textron
(quar.)
B
Kennedy's,
i'i.
9
$10
4-20
common
Bros.
Kearney
'Knott
*
: '>!
:
Class
.
,^
>
/
(s-a><^L_
■
3-31
6-23
10c
<quar.)
fKamah Aircraft Corp.,
•
3-31
:r
1
r-.> > .:
Co.,
3-18
7- 2
5-14
„_
prefeireel
•
Johanson
3-31
>
4-10,
Ltd.
Co.,
—:
at
Ayres
4-10
Tea
334%
4-2
(quar.)
ordinary
Co.
Power
preferred
Jewel
3 31
4-10
"
60c
Cable—
&
(Directors took
Atlas
'$3
15c
Quarterly
Wire
4-10
4%
•
,
6
5-
•
Co.
v
Texas Gulf
■
60c
(quar.)_
(quar.)
6% preferred
Custodian
Central
-
lEc
(stock
Gasoline
Mfg.
Jersey
4-15
75c
"
James
Co.
Funding,
.Jefferson
z,
5c
4-15
$25c
preferred
(from
Brick
Press
4-30
»
Per
_
Name of Company
$,1.25
(quar.)
5%
Y.)
common
(quar.)__
Inc.
Zinc
Investors
3-21
5-16 r-
(quar.)
(quar.)
Anglo-Newfoundland
1
5-12
>
25c
___
-
1
4-
6c
::
_
Extra
Ansonia
3-21
62%c
Inc._
American President Lines, class A
Class B
4-2L
4-
und,
Ingle wood
4-26
5-16
$1
(bi-monthly)___,
Extra
5-10
(quar.)
C
f
Holders ■"
Payable of Rec.*
15c
(quar.)
prelerred
Illinois
4-16
35c
of
2
40c
(quar.)_;
Co.
5-
Inc.
(N.
Hydraulic
Holders
Ltd.
Co.,
Syracuse
Hudson
Payable of Rec.
12%c
(quar.)
Mutual
American
Share
(quar.)____
(quar.)
preferred
American
pfd.
When
Drugs,
•1%
ously announced, but which have not yet reached their
payment date.
*
Paper,
Powder
When
Share
<
5- 1
4-20
20c
4-20
4- 5
35c
5- 4
4-20
25c
4-25
4-11
4-11
4-11
1
8
4-15
»
4-11
preferred
(quar.)
$1.02%
5-2
4.35%
preferred
(quar.)
$1.08%
5-2
4-7
$1.08%
5- 2
4-
$2.50
5-10
4-23
4.35%
Atlantic
5%
preferred
Coast
(2nd
Line
series)
(quar.)
-
7
RR.—
non-cumulative
preferred (s-a)
Atlantic Refining Co.. 3.75%
pfd. B (quar.)
Atlantic Wholesalers, Ltd.—
'
5%%
preferred
(s-a)
93%c
5- 2
4-15
$55c
6-
1
5-13
1
,
Austin,
Nichols
&
Co.—
$1.20 convertible prior preference (quar.)
Axe-Houghton Fund B (from invest, income)
Backstay Welt Co.
Extra
(quar.)
30c
5-
22c
4-25
4-
12%c
4- 6
3-24
25c
4- 6
8-23
4-23
1
16
The Commercial and Financial Chronicle...
Monday, April 4, 1955
(1564)
When
Per
Name
Share
of Company
(quar.)-JL—- ■p
Co.
Rubber
4-
$1.50
4-15
3-31
d%
7-j 7-15
6-30
Cities
$1.5J
10-14
9-30
City
1-13-56
12-30
25c
4-27
4-15
20c
X
——
(quar.)—~
4ac
u,ui.
.quai.i
(N. Y.) (Increased quar.)
•rBates & Innes, Ltd., class A (s-a
Lu.no
<s:
Baystate
Corp.
(J.
Beam
(quar.)
.——
Distilling,
B.j
1
Multiplier Corp.,
U
com.
Clinton
dlvTdena
Stock.
Bell
Canada
of
Works
Iron
:—
■—-■—
Co.
Telephone
Belmont
1—
4-
7
1
6-21
1-3-56
12-21
$1.25
4-29
4-
65c
5-15
4-20
$1.I2V2
7-
1
6-
3
Federal
15c
5-
2
4-16
Federal
6-
1
5-16
15c
7-
iquar.j
$1.25
4-15
3-31
50C
4-23
tlOC
,.4-15
3-28
125c
4-15
3-2$
i quar.
4-
Colorado
..
5-14
6-30
5-1
4-5
IE.
Bliss
W.J
Bridgeport Hydraulic
Briggs Mfg. Co.—
(quar.)
British Columbia Forest-Products, Ltd.
British Columbia Power Ltd.
Borough
Union
Gas
8-22
Gas
Co.
5-20
6-1
7-
1
5-2
4-15
4-
4-15
4-
■15
5-15
—
9-10
12-10
6 '/a
com.___
—
class
preferred
A
5c
—
4-29
5-
2
3-31
4-15
Chemical
$1.50
partic.
Class
B
pref.
class
5- 2
4-
4-15
4-1
Consolidated
Dearborn
4-30
3-15 7
Consolidated
Edison
IOC
4-15
3-28
15c
4-15
4-15
3-28
Who
4-15
3-28
4-15
Consolidated
Consolidated
Paper
Consumers
3-28
5-26
5-16
5-
4-12 :
4-29
t50c
7-29
t50c
Gas
4-20
2
4-15
37 Vic
(increased
4-15
-
power,
common
$4.50
preferred
$4.52 preferted
4
Continental
Gin
8 i
7-
6
4-
8 1.
55c
—
7-
l>
Continental
$1.13
Co., -4J/2%
pfd.
(quar.)__
$1.13
preferred (quar.)—_____
$1.13 1
80c
Mills, Ltd., com.
preferred (quar.)
1st
2nd
Calgary
3-26
5-16
4-15
4-12
'
4-
7
$20c
5-
2
t37c
5-
2
.4-15
$20C
5- 2
4-15
$50
4-15
3-11
Edmonton Corp., Ltd. (s-a)_.
Calif. Cold Storage & Distributing Co.—
$1.50
participating
preferred
(quar.)—
$1.50
participating
preferred
(quar.)
12 %c
9-10
p i$L50 participating preferred (quar.I
12»/2C
12-10
"California Oregon Power,-common
(quar.»_
6%
preferred
preferred
__
(quar.)
I'/o
(quar.j
i2y2c
40c
<quar.)__
California
Packing
Corp.
California
Portland
Cement
4-15
f
3-317
Canada
6%
Insurance ; Association
Soup
Co.
Crushed
preferred
Canadian
6'/c
(quar.)
&
Cut
Canaua
Corp.,
Ltd.
Special
100th
anniversary
lOOtb
«»n"ivprp<»ry
5%
nrefer^d
Lines
General
&
Canadian
4Va%
% <1,
(s-a)
4-15
5-
7
3-22
2
Delaware
!
4-12
5-2
4-
2
Co.-
f
Di
4-29
$93%C
4-15
Ltd.—
5-
I bC
$$i.i2ya
2
&
Ohio
Ry.
(quar.)
3-30
6-20
3-31
Dome
4-29
$1.25
4-20
4-
8
5-
4-
8
$12c
7
2
5-31
.
8-31
8-15
$12c
11-30
11-15
$25c
5-31
'•*
5-16
(quar.)
(quar.)
(quar.)
HI
$25c
8-31
B
(quar.)
I
$25c
11-30
100%
5-167
4-20
•
I
37%c
4-30
4-
;
Tractor'
(stock
div.)
;__
Corp.,;com.- (quar.)
preferred
-Central
(quar.)
Agulrre
25c
Sugar
5%
pre'<--M»cf
Central ol
/
.
•
2
6-23
5-
2
series
A
and
B
(quar.)—__
series
A
and
B
(quar.)
"referred
Indiana
$2
series
A
and
B
de
Chemical
Pa see
Fi
nd,
Investment
conv.
Corp.
Transit
$1.25
ft
&
3Mj%
1
Dow
Eastern
$2
class
class
1?.
50c
from
4
4-
6
'
3-28
net
preferred
5%
15c
4-15
3-25
4-15
3-30
Fast
5-16
5-
5
Eastern Bakeries,
7
5 7,
Ry.,
'
;;
Chicago Molded Products Corp.
Pacific
partic
pfd.
(quar.).
Refractories, 5'A
preferred
Williamsport RR. (s-a)
4-
4-18
Elmira
5-
2
4-18
Emerson Radio & Phonograph
11-
RR.
*
25c
£1
20c
*
1
10-18
3-31
Empire
4-
7
3-19
Empire Trust
4-15
3-18
30C
5-16
4-15
(quar.)
7
Y.)
9-12
.8-29
9-12
'8-29
.8-2*
$1.50
12-12
11-28
(quar.)
$25c
^
,v._
..
.
6-15
5-25
$25c
-6-15
:5-25
.
Insurance
Co.
56 y4c
(N." Y.)__:
4-11
4-15
*3-25
73-31"
-_
4-15
•3-18
110c
4-15
:r3-31
50c
class B_
pfd.
conv.
(quar.*^_;
4-30
:4-i5
5-
•4-20
37%c
80c
(quar.)_
Ohio RR.—
Mfg.
^
1
5-
4-15
-
12%c
2
4-15
3-15
2
4-15
5-
-
$1.25
6-13
.5-24
$1.25
9-12
*8-22
(increased)..
it Alabastine
of
15c
preferred
5%
4-
5
3-25
6-
1
5-
Canada, Ltd.
(s-a)
62%C
4-30
2
4-15
Chemical Co^-^
-
3%
4-28
$1.50
-
4-20
.
3-24
4-
0
7 '
—
.
7,
15c
25%
Electric, 5%
preferred C
4-
4
pfd. B
4-22
3-25
25c
4-15
21 %e
4-15
.4-
(quar.)_
(quar.
4-5
5
25c
4-15
4-
5
25c
4-15
4-
5
5-
4-20
3%.%
7%
preferred
com.
(quar.)
Steel
Co..
A
Common
Sugar
"
5%'
*
Corp.,
7
1
5-
25c
4-15
;
2
4-15
4-
1
5-
2
4-15
15c
5-
2
4-15
fquar.).
12 %c
7-
1
6-15
10c
&
6-
1
2-28
Worts—
Gooderham
&
Worts.
(quar.)
A
50c
(quar.)_
4-10
3-31
25c
common
preferred
(quar.)
(quar.)
4-15
3-31
12yac
(quar.)
convertible
(Henry)
class
7
4-
$1.25
Lumber
Co.,
4-
4-30
4-30
35c
(quar.)
fH'raml
(Edward)
&
*
(quar.)
Walker-Gooderham
w-lkpr
4-30
20c
~
(quar.)_
common
Mfg.
(R.)
Holt
25c
1
1.33 %c
___:
Products Corp.—
preferred
S1.25
(quar.)-t
!
preferred .<qu»r. )___
preferred
Holly
60c
$3.50
tlOc
SO .0375
Co.— :
(quar.).
Hlnes
75c
Employers Group Associates (inc. quar.)
Emporium-Capwell Co.," 7% preferred (s-a)
Enamel & Heating Products, Ltd.
(quar.)
Equitable Credit Corp., 60c pld. (quar.)
Insurance
(quar.)_____
Hoe
10c
(quar.)
Fire
E
ctpp
10c
;
(quar.)
(N.
5-31
5-31
D
Hiram
$1.19
5c
Co.
5-31
6-11
11-28
Co.,- common
5%
preferred
(quar.)__
Hlggins,
Inc.
(initial);
62 Vic
Extra
Millwork
6-11
6-11
preferred
Jligbie
$$1
(quar.)_
&
4-11
8
preferred
5%
$12Vic
1
4 V4 %
Higbee
Ltd.—
2
Electric Co.—
quar.)
Ltd.
-
*—.*
3iy4C
,3iy4c
5-
5-10
12-12
dividend
Hercules
3lViC
*
5-
Electro
*
$1.12%
:
(quar.)
25c
7
—
(quarJ.
Mines.
5-25
-3-24
$2
A
5%
Hecht Company,
Extra
87 Vic
:
—
87%c
com
common
&
Sullivan
4%
(quar.)
Paul
preferred
*.5 % ' preferred
4-
20c
(quar,);
Hays Corp., 5%
15C
;
—
preferred (quar.)—
*$1.12%
RR.,
15c
$3t50^pld. v(fluar_)
(quar.)
4-29
5%
20c
15c
Nemours,
4-15
«%
5%
■"
(fl«ar.)_4._
3-24
;*60C
Oil,
Hawaiian
i
tlOc
(quar.)
Pont ide
3-24
25o
(stock dividend)____
preferred Jfquar.)
Stock
50c
:
Supply (quar.)
class A (quar.)
A
du
Duriron Co.,
50c
1
common
&
Co.,
A
$4.50
/
Telephone
Chicago, Milwaukee, St.
Metals
Coffee
Securities,
Class
3-15
"
£1
(Increased
Ducommun
Duncan
3-30
8
4-
$1
&
4-
75c
■"*•
A
Cincinnati Gas
a
3-31
Canada
4
.%
Corp.—
Lime
Hartford
25c
4-15
Pent" of
8
-4-
4-15
Co.—
Issue called for
redemption on April
4 at $104 per share
plus this dividend.
Convertible Into common to March 30
•v..
25c
12-90
5%
*
preferred
(quar.)
du
4-
1
(quar.)
7
t20c
(quar.)_
Dryden Paper (increased quar.)
(quar.)
dividend)
(increased
Western
Co.
Furniture
4-30
15c
(quar.)_
6 %
t$1.75
9-
preferred
(stock
Illinois
Chemical
4-15
11-28
preferred
Harshaw
tlOc
(finaD.L^.
com.
20c
A
$2
Chicago Great
Co., L.td.,
4-15
3-18
Above
(quar.)_____
6-10
9 ' ;
4-15
—
Textile
preferred
.
1
10c
"Common
4-15
$$1
&
Class
'nuar.)
(£bnvertible
Common
>' 77c
1
5-
Harbison-Walker Refractories—
$$1.12 %
:
(guar.)
(1 25
Chesapeake Corp. (Va.) (quar.)
Chesapeake & Ohio Ry.—
Chicago &
i
5-
'
Chemical., Ltd.-—
(quar.)
I
.Common
8
8
4-14
$1.75
Quarterly
Ltd.—;
Ltd.
6-20
income)
Unadilla
preferred
1
Steel.
9-20
,
Chenango
Tar
"
4-
&
5
4-
74-
4-25 *
9-12
preferred
Gypsum
$17'/2C
(quar.)
Corp.,
56Vic
£2
Insurance Co.
Hancock
'3-30
U"
12-12
$5
t20c
(quar.)
6
4-i5
$0.57825
(quar.)
Bacon
4-
$2
Co., Ltd., elass A
&
-J4- 9
$1.50
(quar. i
Mobile
1
$1.50
$5
37 Vic
(quar.)_.
.
common
$1.25
;
(quar.)
Inc.
-*
(quar.)
Gas.
non-cumulative
Charleston
•
.7
(quar.)
Investors,-Inc.—
Century
Square
Dominion
Drexel
preferred
Central
Foundries
4preferred
Dominion
7
Georgia Ry.-Co.—
preferred
Cerro
:
7-
Ltd.,
(quar.)__
(quar.)_
:i
&
Life
;3"31
5-
74^35
$1.12%
Guaranty Trust ..Co..of N. Y. (quar.)
$10c
■■;■: 4-15
$50c
A
Gustin
2
5-
4-15
25c
-
37
$30c
(quar.)
*
--•■
.
(s-a)
a'«
5"i
;
$$2.50
preferred
Dominion
fs-ai
Coke
&
5%
t
3-31
Central Canada Investments Ltd.—
Central Coal
,
4-15
40c
___
preference
'
Co.,
"
7
4-
Glass
Dominion
11-15'
4-30
.
convertible
7 7c;
8-15
50c
(quar.).
2nd
Dominion
.preferred
Greisedieck Co.,
$40c
(quar.)——
$1
'
3iy4c
tlOc
i
74- »
;
(quar.)
L.)"
8
5-2
5%
;, j
-■■■.'■
(quar.)
B
Gulf,
7
$2
(quar.)
American
4- 4
J4-
,
$2
'(XL
(s-a)
55C
;
(quar.)___•_
A
Gulf
7,
:
Southwest—
semi-annual)
West Coal, Ltd.,
25c
2
2
*
$1.30
$2
Green
1
Ltd.
22 %c
(quar.)
Great
$17 Vic
_i__
25c
(quar.)
B
4-15'-•*■••
,4-15
v4"15
Co.—
25c
Bridge, Ltd. .(quar.)
Extra
'■;7-
%uar.)__.
62 Vic
(monthly)™
Dominion Fabrics, Ltd., common
'
A
I
37Vic
(
-
,3-31
,
.
7
5%
conv. preferred B
(accum.).
Grand Union Co.. 4%% preferred
<quar.)__
Great-American Industries, Inc.__
■
66%c
(quar.)
Dominion Engineering Works,
1
B
5%
,
Dominion
»•
5-16
$13c
(increased)
common
Fields
A
Graham-Paige
37 Vic
Ltd.
Oil
&
preferred
6%
5-
5-
2
3-31
3-31
5-16
Great
25c
Co.,
Corp
Mines,
$lOc
(quar.)
(quar.)__
Class
50c
>
2
,
4-30
(quar.)
Grafton
25C
Dominguez
1
Class
•„
Quarterly
Dodge Mfg.
40c
40c
25c
preferred (quar.L—r-a—^
Cup Co., 5% pfd. (quar.).™
J
Dodge & Cox Fund (quar.)
;
4-15
27%c
«
;
Dixie
7-15
:
'J
;■■■
5-
4
5-
2
2
$$1.25
pfd.
8
'75 4- 4
'
of
5-10
4-
4-30
.____
4%%
(increased
R.j
Class
-
5-
5-
,7 62«/ac
com.
-___
B
6%
10c
-4_i_
(quar.)___
(quar.)
Match
5-16
—
II
Corp*
(quar.)—
$1.50
$37 %C
;
Light, common.!
Products, class A (quar.)-.
(quar.)
Caterpillar
B
Diamond
'
3-18
3-15
4-15
$$1.12%
(quar.).,
Co.
Steel Products-(quar.)__A__^
Giorgio Fruit, class A (quar.)
Class
3-31
,
B
-Celotex
Canada
Brass— 4
5-16
; «7%c
(quar.)™
A
Class
37«/iC
2
50c
Co.,
Class
Detroit
Class
.
Tunnel
3-31
Class
?
&
Edison
3-31
-
5-
$1
(quar.)
(quarJt_
*
quarterly)
&
15c
Ltd.
(increased
Detroit
2
25c
Light—
(
2
$1 50
the
Inc.
preferred
Class
50c "
^4^
&
Aluminum
4-15
•
-
(quar.)w—————
com.
(quar.)
"
-
5-25
5-
Mfg.
div.)
Class
25c
-
(W.
6%
-
5-10
4-30 .'. 7 4-
$1.37%
(quar.)_
Co.
Class
93% c
(quar.)__
Detroit
4-12
5-
Detroit
$1.12
(quar.)
10c
Power
Common
pfd.
4
5-25
$1.25
Employees Insurance
com.
Grice
3-18
;:!4-li
93 %C
Kentucky—
^
1.
dividend
New
$1.06
series A
H.)
Foods,
Stock
$1
(quar.)
Inc.
A
(quar.)
;
$1.50
ef
5
4-15
-
'
Pumps, Inc., conuqon
(quar.)
preferred
(quar.)_________
Government
11c
(quar.)
pfd.
(P.
preferred
5%
; 50c
2
•'
u-;
Ltd.,
;••* 4-15 ;
■
4-25
87 Vic
(quar.)
1
$5.50
8
4-15 77 45-
4%%
(quar.)____
,
Gould
50c
!
:
(quar.)
3%%
Bros,
Rubber,
Class
I:
$18c
(1954)
Clinchfield
A
Cla6s
Dayton
V
9-15
4%
50c
(quar.)
Light, $4 pfd.
preferred
Daystrom,
4-15
__
(quar.)
Vickers,
Food
Class
7
&
preferred
Corp.,
$27 VaC
-Carolina Power <fc
Catelll
(quar.)
4Va%
\? 1*
t25c
Ltd
Estates
Carolina,
*
1
t31c
(quar.)
(quar.)
preferred
Canadian
(quar.)
A
Davidson
-
Refractories, Ltd.—
preferred
Capital
10-
50c
(quar.*)——
Marconi
Canadian
1
6-15
tine
(quar.)
preferred
class
class
Laboratories
$ 10c
•
Industries
Common
Ltd.
non-cum.
non-cum.
(quar.)
-4-
Britainj
(quar.)____
preferred
...
Gordon
A
Power
pfd.
4s/a %
preferred
(initial)
Globe-Wernicke Co.; 7% pfd.
9-15
3-25
Corp.—
A
Dallas
6-16
20c
class
Cutter
3-18
1
t$1.25
Dock,
_
7'/2%
common
7-
f 10c
.
(s-al
Investments,
Extra
4
Ltd.,
110c
(quar.)
Dredge
''Canadian
Ltd.
4-25
$1.75
non-cum.
Dana
i 15c
$4.50
$1.75
.
40c
(quar.)
Inc.
9
3-18
';r 5-1
25c
(quar.).
Bennett
*
$2
,
3-31
bonus
Can_uian
"7
7-2
4-15
(quar.)
bonus
Sp'Hfl*
Canadian
$2
5
6-
bonus.
Co..
4-
t$1.50
anniversary
i^iun&e
8
4-29
$2
9-
4
15c
$1
Wares Go.,
Bros.,
Glatfelter
$2
Ltd.—
Co.
100th
CatUu.an
8
4-
$$1.50
Power
Steamship
4-
2
(quar.)
preferred (quar.)
$4.24
(quar.)-.
Special
Canada
2
5-
-preferred
6-10
9-30
7 50c
,
(quar.)
preferred
&
Gimbel
6-30
7 4-
.12 Vic
'
(s-a)
Service,
-Gilchrist Co.- (stock
10c
;
g%
Gilbert
IOC f
.fquar.J
Porster.
Curtiss-Wright
,
Stone, Ltd.—
Fairbanks-Morse
Northern
5-
37y2C
(quar.I
preferred
1
50c
(s-a)
4-
5c
Fire
Campbell
4- 1
4-11
7%
(quar.)
(s-a)
(quar.)Telephone Co.
;$2.20
40c
—
4-15
Advertising—
preferred
Telephone
9
"4- 9
4-18
prefered
General
10c
Curtis Publishing Co., com._
:
4-30
4-11
$1
Camden
5-16
50c
(extra)
4-
4-26
4-29
Telephone Co. of Indiana—
5.20%
8c
,
4-26
$1
(quar.j
(quar.)
preferred
$2
•
.
3-31
(quar.)—
B
&
5%
Steel
General
$6 Vic
1
1
4-15
"'
(quar.)
Public
preferred
General
$131%
Cuban-American Sugar—
4
If' preferred (quar.)™
3-31
37 '/2C
;
Class
3-31
4-15
$1.75
Coip.
International Corp:
Crum
17
4-15
;
—
Creamery Package Mfg. (quar.)—
Crossett Co., class A -(quar.).;™
1
$1.50
(quar.)
Beverage
Coty
17
$1.75
__
(quar.j
Cott
612-
preierred
90c
$5.25 preferred (quar.)^..
Corporate Investors, Ltd., class A
9-
..
:
' 4-20
■■-■:•
$1.17'/2
—_
—;—____
___
6-10
Refining Co., com.: (quar.)—
1
-4-
2
5-
30c
(annual)____
Telephone Co. of California—
5%
preferred
(quar.)™___j.
^___
77;' 4%%. preferred (quar.)
:__
,
4-
4-15
7
^General
20c
Cornell-Dubilier Electric—
4-15
.
&
$4.70 preierred
7%
$$130
(quar.)__
*
4-15
2%
.
Corn Products
1
(quar.j
pfd,--.-(quar-.)——--P—
partic.
4-20
40c
common^__ii_———
Linen
$1,50
—
•
Mfg.,
Caldwell
25c
10c
quar.)™——
Co.
(bi-monthly)
Terminal
Bush
-Butler
'pi-'
Corp.
(Toronto) (s-a)
'
Motors
6-16
,7^4-15 i'7 4- 1
*2 5c
•
(quar.j.
Outdoor
General
.
3-31
$20c
Corp.—''7'7;
preferred
$6
3-16
v /
I 7
4^22
-
.
$4
preferred
(quar.)__
:General Shoe Corp., common
$3.50 preferred A (quar.)
$1.12'/2
Continental Life Insurance
•7-29
Vz %
4
(quar.)
-
v
25c
common
"C"
preferred
General
■'
"
Burroughs
$5
■■■
15c
(quar.)_
'-4- 1-
6C
'7
;;
Corp.," $3.50
preferred
General
16c
(quwrv)^—
4-29
'
Foods
t
6-16
4
'
"A"
Motors
6%
1
—
(quar.)
Co., Ltd.
(Great
registered
(interim)
preferred
$3.75
;
-»
"
$1.25
conv.
preferred
(quar.)______:
preferred
4%
3-16
1
He
'
1
'
5-16
50C
quar.)
-
5
6-i6
7- T
20C
'
Electric
General
6f"2-.
$1.25
(quar.)
Corp.
4-
,"•
2
5-
5%
Co.;
General
Royalties, Inc.—
Participating preferred (quar.)
Royalty Oil (s-a)
4-15
$50c
5-
25c
4-
$1
(quar.)
Baking Co.,
Ordinary
of
4-
7-1
General Finance Corp.—
Vork—
Consolidated
5c
.—
4-20
(quar.)
New
ol
Ltd.
Cc.,
General
4-20
3-31
3-29
20c
*20C
I_
:_
General Electric
A5
Consolidated
$1
prexerence
General
—
Natural
-
$1.25
1
Corp.
Co.
$5 preferred (quar.)
3-28
715C
Gamewell
62'/ac
'7;;4vi5;-7:
$1.50
5
5
2
•
.
4-14 7
*4-12
"
1
-
Storage
4-20
5
5-1
4-
"4-
5-2
4-27
u
,
100%
quar.)__
common
1
5- 2
4-20
common_.
1
5-
(final)
(increased)
;_
;
on
5-
37'/ac
50c
(initial)
4-15
56 V*c ;r.7 7Ltd.
on
5-
37 Vic
(quar.)_——
A
45c
56 %c
dividend
4-
1
.-.*4- 4
4-30
"7
aividenn
Gabriel
8
4-
$1
Fuller Mfg. Co., (quar.)
Fulton Market Cold
;■••/
\ 4-10
75c
com.
otucK.
5vH
6-24
4-30
25c
■V.y
1
1
30c
new
Stock
■
.4-
5-
i
Y.J (quar.)
4-
4-15
7-
62»/ac
I
1
55c
,5-31
45c
(San Francisco)
"7
:"
(increased
com.
Frontier Refining Co.—
1
-
6-10
20c
(quar.)
Corp.
5-
Industries—
(quar,)___
common
Cos.,
5-
51c
.3-15
'
siy2c
50c
1
/(quar.j
(Md.)
series
Froedtert
3-25
5
■4-
^__
(quar.)
Extra
-*
3-25
62 Vic
-
10c
1
5
—
Consolidated
3-10
5-
4-
4- 5
S3
Telegraph <&-«.)
47 %c
3-21
4-10
Fraser
"
••'4-:5-7;7
$1.50
——
4-29
8
4-157
6-10-
$1.75
(quar.)—
preferred (quar.)™———
Light & Power—
$2.06 preferred (quar.)
$1.L(J preferred (quar.)
$2 preferred (qusr.)
$2.04 preferred fquar.)™-.^.,———
$2.20 preferred .(quar.)^„
3-2
6-
6-15
7'4-15
quar.)____
receipts for ordinary
series
Franklin
Pran
9-15
Stores
Rubber,
Dnliies,
/-Ut
tilitles
6-10
1
Fhnas~^'--::77;7^;7l;;V.'77
Stock
12-15
(quar.)_
.5-
(quar.)_
Ltd.—
dep.
3-16
-
$1.50
'
'
Ltd.
preferred
; 3-15
i:
4
6-23
50c
Insurance
&
8-12
11-10
4-15
IOC
;
(quar.j
Corp.
(quar.)_™_"^Franklin Custodian-
4-29
$38c
(increased
common
Fram
3-31 ^
$38c
3- 2
8
8
8
77,v;7;25C:
preference-^--————.
|5c
$1.37%
Syr.
5-13
1 V
4-
$2.50
(quar.)
(quar.)
Ins.
4Vi%
preferred (quar.)
Founuatiou ou. ui Uudua
■',)
——
6-
77':-' $50c
Class A
;7;-
Corp., Ltd
$37c
45c
'
(quar.)---—
A
ciass
'200%
Quarterly
1
4-
*3-30
Connecticut
5
4-
3-22
7
■
Y.
4%
preferred (quar.)
4% %
preferred (quar.)
v;;
.
Corp.—
10%
(quar.)
(quar.)—.—.
Ltd.,
8
15c
preferred (quar.j
5% prior preferred (quar.)
Buell Die & Machine (quar.)
Bullock's Inc.-,■■4il<r preferred (quar.j—_____
Co.,
L
Amer;
'4-14
5-1
Tire
Motor,
4%
3-22
4-2$
45c
'
(quar.j
Ao^n.
(Toronto)
Lhe
4-15
Co.
Deposit
Fund
Foremost
1
'
(quar.)
Department
Corp.,
Ford
*3-25
75C
Life
Quarterly
Firestone
9-19
4-11
Quarterly
Quarterly
Conn (C. G.),
3-31
4-15
110c
(quar.j
common
;
1
4-
preferred
Coniederation
6-15 V
4-
f25c
—
5 */2 '/c
5-11
4-15
International
Concord Natural Gas
.
4-2
6%%
(quar.)
corn
Commonwealth
4-2«
4-20
5%
7%
<k
11-18
;
10-10
J25c
:
—
Commonwealth Stock Fund, Inc.—
Stock dividend
.
7
4-16
6%
(quar.)—_—___
preferred
.5-10
6% U
—
convertible
11-30
25C
Enterprises,- Ltd
—
(quar.)—
.
Budget Finance Plan,
15C
,
93%c
Buckeye Steel Castings, common
6% preferred (quar.j__
Burns
5-20
1
35C
(quar. >_—
Machinery Co.,
Btoek dividend
preferred
1
9-
40c
——
—
6%
6-
15c
70c
$3.50
60c
4-
30c
par (initial)
Bristol-Myers Co., 3*4% preferred tqoar.)_
British-American Tobacco Co., Ltd.—
Ordinary registered (interim)
Ordinary registered (final)-.—
Ordinary bearer (interim)
Ordinary bearer (final)-—-i----
Brooklyn
2
«7yac
—
„
Browiug-Perris
5-
Combustion Engineering (quar.j
Commonwealth Edison Co.
(quar.)__
50c
class A (quar.)——
Boston Edison Co. (quar.)
Brooklyn
Combined
4-1
37 '/aC
Inc.,
common
4-11
5c
Corp.
Bor«i (Geo. W.J Corp.
(quar.)
Botg'Warner Corp
(increased quar. i
^
3%% preferred (quar.j"
New
5-2
4-11
8
v
3-22'
40C
(Quar.)_
15c
—
Inc. (quar.;
7-77:
quarterly ™__—
—*
——V*: Quarterly ;,77_.7.r..."< ,..w.7 ■; v.7. h,.
!»B1wb'» iCalif.)/?* 5 % preierred (quar.)
Bosutcli,
Electric
40c
Blue- Bell,
Bonds took
Ohio
Traders
&
9-
J26C
Ry. (s-a)
preferred
Insurance
Fidelity
4-15
,4-11
$5
Southern
ldc
__—
2
5-
$5
(s-aj
25c
deauiueoj
(quar.J
Co.
Insurance
Semi-annual•.L-:
Columbus &
(increased!
A
Holdings Corp.
Life
6%
Paper Board,
Fireman's
Fluor
IOC
Mutual
Columbus
•
1
12-
3-11
4
6-
$1.25
Federation Bank & Trust
Co^(N.
3-25
4-19
&,
Federated
*4-20
10c
.
Co.,
Preferred
6-14
$1.18%
4pld. (quar.)—_
Farmers
4-20
62 Vic
(quar.)—!
Powei Cg.—
Cenuai
5
Fairbanks
6-16
87 Vie
com.
1
,
Class
■*■'}
(increased)™
1
5-
10%
—
(quar.)
Hats, Ltd., common (quar )
preferred A iquar.j
Starr ti Gorham, Inc.—...
Blair
dividend)
Color-Craft Products
Poods
$1
;
Co.,
preierred
3-21
(quar.)_
common
Black,
:■
$3.50
4-15
Co.,
Biltmore
7? x\
77
Colgate-Palmolive
4-15
Gas
preferred
Best
;
4-15
1
12 %C
5%
,
3-10
2
5-
(stock
Colonial Finance Co.,
Berkshire
-
4-15
5-
20c
r-
Clorox Chemical Co.
8
4-
$1.25
Excelsior Insurance Co. of N.
(monthly)
20c
Co.—
4.16%
preferred
(quar.)
European & North American
Payable of Kec.
$1.25
p
Railroad
15c
Poods
Share
(s-a)
$5 preierred series A (quar.j
Estabiooks (T. H.j, Ltd.—
3-25
7-
Company
Co.
$5 preierred series A (quar.)
$5 preferred series A (quar.)
'74-21
$.150
(s-aj
Erie
Cincinnati,
Monthly
6-22
1
1
7 Vic
.
9-22
50c
$50c
(quar.j
(quar.)
bcinus Watcn Co. tquar.i.—.
-
7-
8-15
5-16
Oil
Holdera
When
Per
Name of
3-15
5-
4
2%%
1
$i.a0
;
—
—__——
9-22
I
9-
$1.75
iquar.i
Mghoning Ky.
6
50c
—
Chicago & St. Louia
k Ry. Co., 5% preferred (quar.)
Cleveland Electric Illuminating, com. (quar.)
6-22
3
10- 3
preierred
(Initial)
common
$4.56 preierred (quar.)———
7-
5e
.
7%
Baking,
Cleveland,
4-15
111-
n.
new
•-4-11
$1.25
(quar.)—_—J.
Co.,
Semi-annual
•
3-23
2
5-
5c
2Vu
1
$1.25
preferred
Service
Ciearfieia
.
.i7;-;V-750C;
.-r--*
4-
Holderi
Payable of Kec.
Equity
pi«,*!eXAeU
yv
Clary
5- I
4-13
4-15 7'7; 4- 1
15C
common
dividend
utock
4-15
$50c;
(quar.j-
common
opucai,
.77:
4-20
6dc
iijuio-Electrlc,
When
Share
„
„
Cincinnati, New Orleans & Texas Pacific Ry.
j
—
Bankers Trust Co.
Bauson
7
4-30
$1.50
Baldwin nano Co.—
6 *
preierred
tquar.j
6%
preierred
i quar.j
1
6%
preierred
(quar.j.™
pre.eiicd (quar./
ba..gor
Per
Name ol Company
$1.50
Baldwin-Lima Hamilton Corp.
Baldwin
Holderi
Payable of hec.
4-15
3-31
30c
;
& Co. (stock dividend)*
37 Vic
5%
^
(Continued
on
page
59)
5-
2
5-
2
3-28
5-13
4-15
3-28
Volume 181"" Number 5417
...
The Commercial and Financial Chronicle
(1565)
Stock Record «» New York Stock Exchange
'
DULY RANGE OF PRICES
WEEKLY VOLUME OF YRADING
YEARLY RANGE OF SAIE PRICES
STOCKS
Range (or Previous
Range
1954
y«
49% Apr
(
t
107
«
13
1
Jan
7
9% Jan
6
5% Jan
S
10% Dec
14
'
50% Dec 30
i
32
Jan
4
51
-
Rot
24
56% Dec
4
24% Jan
31-
Aug 20
89
Not 30
Jan
18 V* May
29% Dec
.
123
Dec
3
172
July 29 !
16% Jun
14
18%
72
Jan
12
85
3% Jan
4
9
29
210
Dec
141
Dec
27
45% Dec
16
Jan
ACF
16
21
88
Jan
Addressograph-Multigraph
33% Jan
Mar 15
Jan
Admiral
Air
170
Jan
20
Alaska
6
22% Feb
17
Aldens
Inc
87% Mar 31
6
-
Jan
2
80
Jan
3
7% Jan
26
209% Jan
9% Jan
273
3
4%%
10
97
4-
,113
4
92% Mar 11
Dec
: 106
May
144% Jan
38% Jan
20
106
Jan
104
Jan
*112
.
13
6
15% Dec
30
14% Jan
7
8
104% Dec
20
93
Jan
20
16
Mar
9
19% Dec
16
19
26
Jan
4
Jan
Mining—
42%
42
42
33
32%
32%
*32
86%
87
87
87
27
27%
27
27%
29
3
35% Jan
18
55% Dec
51% Mar 14
37% Jan
90
4
3
Allen
Industries
Allied
9
5
97
4
" >105
8
147% NOT
124% Not
17
4%
Jan
24
159
Feb
133
Feb
28
26%
29%
86
*165 *
4%
21%
21%
39
,
4
85% Not 24
Dec
92
-
1
Jan 18
77
85% Jan
20
•"
"
*96
«
98
54 Va
•
>107%
111
-
-
Jan"
47
1
5
28
Jan
11
166
Jan
4
Jan
34
Dec
17
J
•
77% Feb
3
20% Jan
91% Feb
6
Dec
22
35
Dec
27
105% Dec
17
102
V
6
Jan
Feb
American
23
4%%
20
56
Jan
4
66
Not
5
Jan
2
Jan
4
15% Dec
20
14% Jan
6
37% Jan
4
58
Dec
20
56% Jan
6
30% Oct 21
41
Mar 15
Jun
96
104% Mar
15
27% Mar 15
33% Jan
5
100
66-
Mar 30
84
3o%Feb
•
11
2
4%
12
22% Jan
18
28% Mar
10
27% Feb
Amer
14% Jan
15
Jan
25% Dec 31
4
12
16% Jan
31
23% Jan
19% Dec
4
31
Dec
31
10
4% Jan 11
?
Dec
25
18% Jan
100
106
5%
21%
39
55
*21%
common
38% Mar 29
44% Jan
4
48% NOT
29
43% Feb
1
47'
27% Jan
4
38% NOT 29
35% Jan
18
40% Feb
48% Jan
4
66% Dec
60
Jan
12
67% Feb
American
20% Jun
25% Aug 12
11
23% Mar 17
27% Mar 14
5
32% Dec
Jan
4
99
Sep 29
56
6
97
Dec
148 % Dec
21
105% Jun 30
48
29
125% Apr 21
114% Dec 27
43% Mar 25
31% Jan
54% Sep
7
Jan
4
Mar 23
Mar 14
144% Feb
55% Jan
97
97
78%
78%
79%
*154%
157%
*158%
*128
130
129%
129%
130 %
*96
78%
46% Feb
13% Dec 27
12% Jan
5
39% Dec
9
3%%
American
34% Mar 10
11% Sep
2
16
Dec
23
8
26% J»n
Jan
15
7% May 17
t
92
/
Jun 28
'23% Jan
19
-
30
107
4
6
Apr 21
(21% Feb
24
Dec
111
4
117% Jan
11
:
94% Oct
Nov
54
Jan
4
<19% Apr
7
7% Jan
22
12
:
8
:
90
Feb
94% Jan
9
45% Jan
Amer
107*'
24% Mar 16
28
50% Oct
44%
45
44%
37
37'/a
37
63
*24VU
63%
62%
63
62 %
62 %
1,400
24%
24%
24%
23%
24
24%
24%
*27%
28
27%
27%
27%
27%
27%
27%
*97%
98%
*97%
98%
*97%
98%
49%
*97%
98%
<
13% Jan
24% Dec 22
21% Mar 14
26
169
180% Not
9
8% Dec
Jan
6% Jan
i
31
Oct
26
22% Feb 24
34
42% Jan
13
67
27% Jan
4
144% Jan
4
'
36
Mar 31
118% Jun 22
25% Aug 30
44% Jan
5
175
8
Feb
50% Jap
May 24
6
6
4
163% Feb
15
40% Aug 17
39% Jan
3
Feb
1
170
-
125
Oct
122
Sep 27
32% Dec 31
29% Feb
62% NOT 17
50
3
37 % Feb
9
65% Mar 23
48% Apr
40% Mar 14
45% Dec 30
168
Jan
44% Mar
125
7%
6%
Jan" 17
8
64% Jan
6
121% Jan
8
142% NOT
5
137% Jan
4
144% Mar 28
10% Feb
25
16% Dee
6
14% Jan
12
20% Jan
Jan
4
178% Dec
7
172% Jan
13
186% Mar,
July
1
66% Dee 29
62% Feb
21
69% Jan
156
55
Jun
22
138% Feb 10
30% Apr
113% Jan
19
45% Dec 29
121
9% July
25% Feb
4
120% Mar
9
11% Sep
17
28
130 V4 Jan
137
20
5
117% Jan
120
power—No par
—_5
43%
43%
43%
44
43%
44 %
10
64%
65 %
*64%
65%
65%
66 V*
1
4%
4%
4%
4%
5%
5%
*35%
37%
37%
37%
38
40
50
*36%
74%
75
74%
75
74%
75
75%
76
75%
76%
3,900
11%
11%
11%
11%
11
11%
11%
11%
11%
11%
1,200
Aug 13
26% Jan
13\
29
SejTlS
17% Jan
6
94% Sep 27
93% Jan
6
52
Dec 29
47
Jan
6
62 % Apr
45% Jan
4
59
NOT 23
52% Jan
6
65
Jan
41% Aug 13
100
Jan
109% Not 24
For footnotes
see
common—No par
Co
100
114%
31%
32 Vs
*91
40
Metals
No par
Ltd com
No par
58%
100
*104%
2
20
23%
*26%
Co
1
12%
Corp
5
:——
Products com
'
*
33% Mar 30 /
105
\Jan 18
5%
22% Feb
103
•
10
26%
400
31%
31%
1,300
106
♦105%" 106 :
-
25%
114'/s
600
33%
35,700
26
115
32%
33
-
92
92
92
.
39%
38%
38%
55%
38%
55%
39 Vs
56%
58»/4
56'/a
58 T«
*91
-
121.000
24%
114%
24%
*114V'8
32%
*105
114
lee
*105
106
»
32%;
*91
i;
94
*105
25
20
.
-
2,400
•
10,900
106%
27.500
24%
25%
25»/s
25%
28
28
*28%
29%
*28%
29%
100
12%
-12%"
24%
28
*27
12
12
*12
12%
12%
12 Vs
800
11%
30,300
11%
25%
11%
11%
11%
11%
11%
11%
11%
52%
53
52%
53%
52%
52%
52%
53 %
5,400
33%
31%
33
30%
31%
31
31%
21,100
No par
32 %
49%
48%
49 V*
48%
47%
47%
47%
47%
Optical Co—'
1
Chem cl B—No par
48%
47%
78
80%
78%
80%
79%
82
79%
79%
79 %
80%
4,100
23
23'/a
23
23%
23%
23%
23%
24%
23%
24%
37,000
*174
176%
*174
176%
Co
_—.
Sany common—5
& Std
—100
—5
preferred ——
Safety Razor
100
preferred
Snuff
Co
25
common
noncumulative preferred—100
46%
48%
30,500
166 %
167%
46
46%
47%
*165
166%
43 %
*122%
166
166
44%
44%
43%
123%
*123%
Works
Co
32%
32%
33%
32%
51%
51
51%
50%
79
79
79
79
series
*119
28%
25
119%
10%
17%
180%
10-
66%
,
134%
46%
Xl6%
179%
66%
135
45%
119%
119 V*
10%
9%
28 %
*28
28%
26%
26%
*26%
27
1
21
21%
21%
25
com
142'/a
•102
104
57%
16%
180%
61
6.25
.No par
♦107
110
28
.
66%
135%
46 %
45%
46
45%
120
119%
119%
10
28
*26%
27
21 %
22
*119
9%
9%
10
♦28
28
28
*26%
21%
26%
26%
%
21
101
♦101
102%
57
58 %
62
61%
b2 Vs
33%
34%
33%
34
34
110
*107
*107
179%
67
137
58%
110
180%
66%
135 V*
102'/a
*107
17%
17
57%
X60%
101
-
,
21%
101
2,100
660
900
10
34%
36,800
50%
4.100
80
1,000
142
66%
61%
61%
34%
21%
179%
43%
125
141%
135%
57%
*101
58%
x34
16%
50%
168
*78%
142%
141
143%
"
Glass Corp—
—
45%
119%
10
series-
St
143%
'
46%
33%
51V*
80 VA
66 %
100
*123%
80
134 %
com—5
25
43%
43%
125
51
67%
46
*123%
167
31
134%
25
com
43%
43%
125
'
100
Corp
167
34 V*
180 %
—
166%
123%
44
123%
181%
No par
0
46%
66%
Cable
page.28.
45%
133%
50
preferred
47%
25
preferred
7
960
47%
45%
180 %
conv
2
64V4
16%
St Smelt
Mar
32%
63%
17%
5%%
37% Mar
32%
64
17%
Lead
Wire
32%
62%
144%
Water
Anchor Hocking
Common
32%
63%
142%
preferred
prior
33%
63
—100
Viscose
6%
,
8%
33
62
8
142%
preferred
13,800
8
33%
62
Refining com—100
Tel Co___;
8%
8%
33%
.
79'/a
St
8
8%
8
8%
52'/a
5
100
'
62
31 %
Tobacco
176%
33 %
78%
preferred
*174
176%
-8%
51 %
—No par
:
*174
176%
62
31
Co
*174
4,100
33 %
1
Foundries
Stores
Anaconda Copper Mining
$4
26%
31%
33%
26%
25
113%
40%
59%
*105%
26
39%
<
92
106
106
101
*100
101
*100
200
40
34 %
Anaconda
110
*36
53%
8
Mar
♦105%
33%
23%
12%
3,600
37,600
5%
11%
Preferred
$5
•
25
*104%
"
7,600
66 %
5%
7,900
OS.eoo
53 %
Amer Zinc
Mar 25
1
'
28
44%
66
5%
31 %
57%
.
44
65%
5Vs
•
33%
Preferred
1
59%
43%
65%
*25%
39%
24'"'
43%
31%
114
*91
106
■v
15%
26 %
106
31%
; 92
40%
-
15%
31
23
114%
15%
26%
114
23
22%
100
7
100
17
30%
30%
*105%
—1
common
Potash St
American
30
16%
26%
*26%
106
30
*105%
101
*100
101
♦100
26%
26%
1
1
*37
101
*100
preferred_100
convertible preferred
American
Mar 24
27% Apr
4
30
preferred
Tobacco common
1
28
4
Co
Co
Tel
10
Jan
12% Jan
88
American
Apr
29% Jan
73
Electric
American
6%
900
15%
3
Mar 31
*49
16
25
11% Jan
18
9% Mar 14,
26% Mar 24
21%
31
2,000
%
14%
American Sumatra
47% Mar 24
38% Mar 14
27
?%•
108
14%
American Sugar
80 % Mar 29
47,600
49%
,140
108%
14%
Metal
American
74% Dec
>135
14%
American Steel
4
48%
i
109%
14%
St
58 % Feb
18
98%
17
preferred
34% Mar 31
1
Mar 14
49%
1,100
1,000
97 %
i6%
preferred
American
8
*
28
17
American Seating Co
10
American Ship Building Co—No par
Amer Smelt St Refg com—-No par
3
2.500
24%
16%
American
,
1
Jan
50
v
7%
5
9 % Jan
\
-
<
3,900
27%
138
109
45
37
*24
28,600
17%
Locomotive
Amer Rad
3
179% Jan
7
Mar 29
29% Jan
Mar
49 Vs
*136
109%
30,600
8V
40
17
American Molasses
Amer
140
109
110%
„
39 %
17%
American
3
Mar 21
49%
*134
140
•
36%
53 % Mar
-
110%
8%
40
17
Inc
6
85
*135
140
*44%
49%
49
50%
49 %
News
39% Jan
Jan
8
8 %
•
*137
American
6
,
10
10
100
10
34% Mar 21
67
1,500
62 %
Natural Gas Co—No par
42% Dec 31
8%
h
37%
Motors
73% NOT 23
20%
45
American
34% Jan
45,600
25 %
62%
American
32% Jan
25%
20%
37
4
3
<
24%
*24%
63%
7
,
*
20%
37%
13% Feb
3
25%
25%-
20%
45
13% Jan
26% Jan
*24%
21
62%
6
27% Dec 30
24%
26'/a
*20%
37
16
f
.
20%
44%
International
Metal
26 %
*25%
20%
26%
*26
27%
20%
25%
27%
26%
26%
37%
17
15% May
700
45
Feb
55% Mar
101%
37%
10% Jan
11
*100
20%
46% Jan
7
101 Va
Products -——1
Machine
5%%
■
7,100
100%
36
Co
Ice
American
Mar 30
1,500
100 %
♦100
100
100
101
184,200
44%
—
4%%
31
Dec
,
6
23
Jan- 21
25% Mar 30
4
35%
12.50
25
—
Amer
63% Feb
-
5'
80 3
35
7%
preferred
:
Amer Mach St Fdry common
3.90% preferred
1
20% Mar 14
21%
80%
35 Vs
40c
7%
6
21
82 Va
34%
Secu—No par
Lines
St
prior
American
41% Mar 16
21%
80
35%
•
2.400
"
25
33% Mar 29
24
104% Mar 25
14% May 12
-
Jan
27% Jan 21
11% Sep 23
S
9% NOT
39% Jan
25
Feb
20%
84
34%
21
1,200
noncumulative
5%%
4
26% M$r 30
115
22%
80 %
34%
39%
Corp
American Investment Co of 111
31
Dec
28
I
7
6%"
American
14
20%
78
34%
36%
convertible
American
8
107% Feb
6
Feb 24
107
25
»
4
33% Feb
3
18% Jan
30%'Not 23
; 19% Jan
11
100% Jan 20
1
105% Jan
6%
28
27% Mar
18%
74
34%
*35%
American-Home
1
Mar 25
102
109% Jan
28% July 27
,?84% Jan
i 15
29
12% Jan
6
26
25% Jan 20
29% Mar 22
21% Dec 29
12% Jan
(85% Jan
Jan
11
2
' Mar
19%
72
8%
American Hide St Leather com
1
Mar 30
38
78
96% Jan
,
25
31% Dec
12
100% Jan
Jun
100
14
14
;
13
27% Dec
Jan
17% Jan
5% Apr
5
160
36
Hawaiian
17
.
36
19% Feb
Mar 14
700
65%
36%
European
Jan
40
*65
*35%
Export
Jan
x
37
American
■
65
36%
4
-.
65
2,200
28%
13%
71% Jan
4
65
33
104
*28%
50
1
65
65
,
.
13%
62% Feb
32
65
%
28
3,900
33
103
28%
'
129
*102
33
32%
103
28 %
500
79,800
26%
128%
.
50
76
t
65
33%
103
26%
26%
128
13%
2
*
65%"'
-N-
102%
28%
28%
26%
126
100
87
50
57
17
28%
*
i
129%
32%
33%
103%
•28
27
26%
128
87
•
6,300
13%
Gas
27
33%
*102%
33
102%
»
<
87%'
87
207:%
49%
St Foreign
31
27.%
131%
88
300
206%
;
13%
American
Nov
26%
129%
27%
131
;
49%
American
4% Dec
208 %
13%
1
32% Oct
206% i
;
27%
49%
44% Apr
70
206%
.
7,700
27%
'
13%
7
>
27%
49%
18
20
*27%
13%
Jan
28
28
13%
13% Jan
28
*27
16,300
-
3%
40
49%
40
2% Jun
26
3%
13%
15% Dec 27
; Jan
44% Jan
*27
■
'-•
49%
42% Dec 30
<26
*37 %
3%
3%-
•
20
1
5
.
39% > '
82
;
8,200
preferred series C-100
4
1
82%
*37%
3%
8oo
8,700
82%
.
3%
"
:
.
57%
39%
Distilling Co
Encuasttc Tiling
8% Jan
Dec
82%
94%'114
57
39%
26 %
No par
33% Jan
Mar
82
94 3 f
113%
57
110%
American
Mar 30
113%
56%
109%
American
16
84 %
V V t
96
113
3%
*26
No par
Co
;.
"94%
58Vs
7%
Co
37% Jan
3
•-
56%.
T
.
*37%
3%
1,000
131%
'
*87
101
preferred series B_ 100
conv
American
13% Mar
26
85 L
84%
300
161%.
39%
-
Cyanamid
conv
,52% Jan
13
58%
200
13,800
'
115'/a
113
;
■:
95
94%
95%
!
97
8%
com
3% %
Jan
54%
6,100
40%
com
114% Jan
Mar 15
106
8
100 % Jan
150
2
1,900
2,400
38%
American
30% Jan
Jan
91
22%
39%
-
54%
••
77%
115%
58
54
39 %
St Cable
Chicle
21%
39
21%
53%
8
Colortype Co
American Crystal Sugar
4%%
prior preferred
27% Jan
22
-
Chain
American
9,000
39
American
21
7%
Jan
2,200
97
Corp— 1
Radio
Can Cp common
preferred
49% Jun 29
44% Jan
14%
156
77%
87
18%
1
American
35% Feb 23
~40'
105
156
87
34%
1
St
30
14%
39
39
.
"
97
*95%.
89
■
*70'/a
20
Cable
400
8,700
v
96%
'
39%
*65
100
preferred
American
9% Jan
105
;
*37
*28 %
In common
Inc
interest
of
106
97 V*
'
Broadcasting-Paramount
Theatres
>
46%
110 :■*
>107
I
14%
206
102%
com—No par
preferred
140
46
...
'
*107% HI
■
14%
208%
32%
-
common—10
Co
convertible
Ctfs
21% Mar
17
7% Mar 14
Shoe
Brake
•
267%
>130
*
136
96%
200%
27
100
Note
>263
268
/•46%
14%
209%
129%
preferred
>Amer
Feb
103
Jan
95%'
3%
*87
.50
American Bosch Arms Corp com—2
2nd preferred 1952 ser 5%%—50
22% Mar 30
-
6
6%
206%
Co com„No par
pfd
conv
Bank
American
7
Jan
Bakeries
cum
-
1
common
preferred
conv
12
Feb
31% Feb 23
32% Dec
65
3%%
35% Jan
4
9
Airlines
92,700
36 %
.
*27
Chemical-No par
Agricultural
American
r
131 % Mar 29
106
1
16% Jan
'
3 %
30%
Amer
23
27% Mar 28
•
31% Mar 15
100
3
230% Jan
40
8%
■.
27%
1
Leather Co com
preferred
88%
8%
8%
98 %
54
132
115
86%
84%
No par
-50
Amalgamated Sugar Co (The).—1
Amerada Petroleum Corp--—No par
36% Mar 28
Feb 28
Mar 14
206
<
58%
58
convertible
6%
28
-
Not 23
109
4
5
-
97
117
-
17
-7
95%
115%
1
Limited
Amalgamated
*86%
268
.
106%
21%
78%
*129
132%
130%
Issued
Aluminium
2
3% Mar 29
•
22% Dec 29
26% Mar 16
18
89% Mar
6
25% Jan
91
4
Feb
Jan
16
7
98
18
3
15
<
••
72% Jan
Feb
-
230
Jan
70% Jan
16
•35
•
11% Jan
57
29
«26% Dec
Apr 23
19
>
Dec
3% Feb
78
11
1% Jan
87%
'V 45%
,
'
156%
'
When
1,500
*
-
39
■'»,
97
78%
156 %
159
*156
No par
Co of America
20%
97
,55%
97
•
79%
78%
Mfgi common
Portland; Cement.
Aluminum
Mar 28
58% Mar 28
56% Mar 25
i
^
Alpha
99% Feb 28
117
18
20%
'
*
4
58% Jan
20%
*133
46
*105
30
5,700
8% V
140
> 14%
1,000
" 4%
*20%
"
*
43% Jan
-
11.000
111
165
4%
'
1
j,
29%
111
.165
167%
87%
268 '
21%
38%
39
56
12,200
4%
8%
45%
106%
21%
55
26%
-
4%
86
•
8%
(
30.0
1,300
28%
29
600
87%
"
>
*105
,26
.
110
110
167%
20% *21%
99%
38%
28%
,
:
*
111
"
14%
100
20
3%% convertible preferred
100
4.08%
conv
preferred
—_100
28
6
145
.
26
4%
111 v.
96%
i
preferred
Allls-Chalmers
28
116% Jan
26
May 28
93% Jan
103
3
Mar
26%
*135
14%.
-
42%
87%
♦262%
97%
5
3.100
42%
87
,
15%
No par
4,500
28%
86
28%
46%
••
64%
28%
87%
'
*107 V
106%
'
04%
32% '. 32%
137
Y 45%
15%.
Kid
Feb
270
137
'
96%
Mills
97
269
270
57
32%
'
Allied
*80
20,000
>
*32
*165
8%
,
1
Co__
57%*
57%
64%
28%
.
100
*32%
86%
8%
137
Allied Stores Corp common—No par
6
86%
8%
*132r "
Allied
7
Jan
87%
*265
16
70
74% Nov 17
*
'
:* 110%
21%
8%
*
13,600
42%
169%
.-No par
Inc—
8%
r;-26%
4%
21%
*85%
gtd—100
Chemical St Dye.
7,000
7%
87%
111.
4
4%
1
100
Alleghany & West Ry 6%
14%
42
29%
.*165
21%
15
94% Jan
July 14
Jan
45% Jan
28%
110
169%
21%
Feb
60
29%
112%
y\
'
>
*
"32
112%
39% Feb
23
Jan
40% 8ep 29
"t
preferred
A
prior preferred conv—No par
$4
3
Feb
42%
100
*
common
11
,
43
43
.64%
11.600
110%
.14%
7%
*, 28
.56%
r
Shares
44%
14%
.,.64%
28%
5.7%
43%
*108
the Week
%
56%
64%
28
10
L5
:
16
16% Feb
102
57%
64%
28%
56
45%
46 %
Alleghany. Ludlum Steel Corp
—1
,$4,375 cum preferred-,
+No par T';.:*107;- '11-1?.
Feb 21
107 % Feb
4
Dec
8% Jan
71% Jan
-
17
18
21
11
48% Feb
Mar 14
122
,
7%
63%
100
100
.
5%%
Mar 25
•
28% Jan
series
preferred
Corp
7%
-.7%
28%
Corp_10
common—
Alleghany
7%
14%
63%
common__No par
(Sold
Juneau
3
18
Dec 29
Inc
1951
pfd
7%
43%
110%
1.4%
14
44%
42%
*108%
410
57
__1
Reduction
43%
♦108 '/a
29
No par*
Alabama & Vicksburg Ry
Jan
.
Corp
Corn
4.50%
122% Jan'
4
42%
44%
111
55%
1
30% Jan
Apr. I
-63%
28%
I
Express Co.
Adams-Mills
Mar 14
Friday
Mar. 31
25
40
Sales for
Thursday
Mar. 30
40
»,
Steel Co—,
Adams
PRICES %
SALE
Wednesday
14%
8
77/«
■a'
*108%
•14%
14%
^2.50
Industries Inc com
5% preferred
Acme
7
On—.
Janj
July 28
Aug
Motors
42%
43%
110
110
1
HIGH
Mar. M
42%
100
i
Tuesday
Mar. 'IS
5
common
33
163
23 1
6
Sep
80
17
Feb
Laboratories
4%
;
45% Mar
3% Jan
4
Monday
Par
'
30% Mar." 9
3% Mar 25
2% Jan
149
6
107
29
ACF-Brill
•
Feb
29% Mar 18
'
27% Mar 14
24
Feb
155% Feb-,
6
25
8
18
58 V* Feb
18
77% Jan
Dec 29
33
22% Mar
104
—
-
preferred
ABC Vending Corp
65
Jan
25% Jan
39% Jan
27% Jan
Abbott
1
12% Feb
18
53
{
3
16% Jan 27
•
LOW AND
STOCK
EXCHANGE
48% Jan
111
6
46% Jan
30
31
44 V* NOT 29
58
Jan
*
19
7% Mar 23
2 6 % Dec
20% Jan
Jan
<
YORK
NEW
1
Highest
39% Mar 14
8
115% Apr 20
14% Dee 31
40% Not
106
since Jan.
L«west
: Highest
Lowest
I
FOR EVERY USTED STOCK
17%
180
66%
136
46%
560
1,700
29,900
23,700
500
28,400
120
80
10
4,600
28%
500
27%
340
22%
18,500
101
80
59%
59%
62 V*
126,100
61%
61
62%
1,050
35%
3,100
34%
110
35%
♦107
110
17
V
18
'
•
-V ' •
*
Monday, April 4, 1955
■
The Commercial and Financial
Chronicle...
(1566)
NEW YORK STOCK
£ang« far Previous
3
57% Jan
28
13% Jan
3
23% Apr
1
Andes
% Mar 29
6% Jan
3
A
40% Mar 30
52% Mar 29
46
8% Feb
15% Nov
23
11
2% Feb
29
4
6% Dec 31
4
46% Dec
17% Jan
4
26% Dec 22
25
Jan
14
3
Argo Oil
79% Feb
1
Armco
4
65% Jan
6
30
14% Dec 31
13% Jan
6
16% Feb
10
11
92% Nov 24
83% Jan 26
90% Feb
1
102% Dec
7
96% Mar 23
Jan
4
Dec
31
Jan.
3
93% Jan
6
Jan
13
16
6
Dec
22
31
19% Mar
May 13
10% NOT
3
'
Mar 15
6c
31% Jan
4
104% Feb
Nov
55
11
■
8
Jan
62% Feb
1
57% Mar
-
.
4
29% Jan
13
02
Jan
6
121% Jan
18
Dec
16
58% Jan
18
60% Jan
5
34% Jan.: 3
40% Feb
23
61
<
37% July 26
103% Oct
5
97
5
49
Mar
Feb
59% Mar
.25
18% Not 30
27% Jan
4
29
Feb
60
28
39% Dec 29
4
95% Jan
101% Dec
43% Dec
Jan
4
34% Jan
4
103% Jan
8
138
10% May 28
17
52% Dec
.
Nov
40 Ya Jan
10
58% Feb
18
154 y2 Feb
11
11 y4 Mar 23
14% Jan
25
131
Jan
Mar 14
Feb
12
14% Aug 23
11
Jan
20
18% Aug 23
17% Feb
24% Sep
May 26
4% Jan
4
19
7
14'/a Jan
Mar 21
14
Dec
29
6% Jan
17
8
29
45% Jan
18
54
18,700
14%
1474
1474
1474
21,900
88%
89
88%
89
8%
774
774
25%
26
26
26%
27
26%
2674
26
1
12%
1274
1274
26 74
1,400
12%
12%
12%
12%
1274
SI.50 series__No par
1274
12%
22,300
27
2674
26%
2674
2674
2,100
29 74
28%
29
28%
2874
5,100
108
108%
6c
Inc
Refining Co
%
8
■
'26
27 V#
27'/a
267a
27%
27
1
29
29%
29
29%
28%
100
108
108 y2
109
109 V2
10
57
Dry Goods Corp—
.
1st
preferred
Co
56 %
57
108
56%
108
56 %
108
57
98
5674
56%
139%
567a
700
250
1,900
56%
50
138%
139%
140%
140
59%
59%
59%
60
59%
5974
59
59'/a
10
59
39%
5974
39%
39%
39%
39%
39%
39%
39%
39%
3.97a
1001/0
100%
100%
53%
52%
53 74
100
Line RR
W
&
*100
new_No par
I S3
;
139
100%
52%
140%
*100
53%
100%
53%
24%
139
*20%
141%
*100
54%
51%
24%
*20%
Lines—
distribution
*20%
10
common
series
B
36%
100
(voting)
37%
100
0
-
46%
20
36%
100
46%
52%
37%
99%
46%
52%
37
100
46%
52%
24%
:•
140
136%
138
*13
Vl5s':i
*12%
15
No par
*12%
12 Va
12%
12%
12%
13
12%
($1.20)___No par
*17%
-17%
*17%
*17%
Canteen
of
Co
Amer
5
19%
Mfg Corp (The) common
3
conv
preferred
No par
-•6%
7Va
49%
50%
$2.25
19%
19%
;
1974
19%
7 Va
'-7
*49
177-a
19r%
7%
50
24 74
3 7Va
99%
630
4874
487a
9,800
5274
1,600
52
139
15
24,200
139
350
15
100
1274
12 74
13
8,300
17%
*17%
1974
1974
*12 74
*1974
8
774
774
774
54
50
30
36 74
52
140
13
*17%
*2074
137
140
13
17%
"
1,400
6,700
5274
9974
52
*138
13
52
4,600
102
3 7 74
137
100
common
prior pref
J
8.800
487-4
48
527%
*100
1
141
99%
:
x99 %
48%
52
24 74
3674
100
46'%
53
*20%
37'%
99%
No par
Corp
Nichols
400
.
109
i_50
Coast
320
98%
6c Santa
City Electric Co com
Gulf
Conv
;
7,300
*7%
convertible pfd series A
Atco
Mar 30
7
75
14%
83%
8'/a
Automatic
Mar 30
49% Dec
4
;
7574
14%
88%
7%
liquidating
Austin
11
18
7374
1474
88%
8 Va
Atlas Tack
4
Jan
22% Feb
14
76%
14%
88%
preferred
4%
74%
77
15
88 %
*774
Common
10
47% Mar 14
2
26
Mar 24
76 Va
77%
14%
Atlas Corp
Atlas Powder—
48% Mar 31
76%
87%
8
Atlantic Refining
Preferred $3.75
3
3
17
6
16
40 Vt Jan
2,700
No par
2.50
5.25%
Ex
2,700
27 74
2074
Atlantic
11
100% Jan
6
15
37% Jan
12
35% Mar 14
98% Jan
10
Feb
22
4074
2674
7334
4%..
*20 %
Oil
Atlantic
20 y» Jan
40%
27 Va
4%
2074
Atlantic
8
4074
27 Va
98
Common
4*
40'/a
27V2
5
Preferred
Mar 17
101
3
40 %
27
No par
No par
com
Common
141% Mar 30
134% Dec
8
64% Jan
800
40%
2774
2074
Atchison Topeka
92% Jan
474
4074
27 Va
19,000
9774
Associates Investment
8
*4%
40%
27%
27%
%"
20%
2nd preferred
3
110
1,000
6.800
41
40%
4
98
Associated
111% Dec 22
29%
4%
20%
28
6
28%
27%
47a
97%
6
93% Jan
29
2774
98
25% Jan
;
28'/a
41 %
%
4%
No par
51
20%
Asbland
11
29 %
4
49%
20%
Arvln Industries
25
25
4%
*40%
51%
98
3
Jan
23%
41%
50%
20%
3
29% Feb
19
Shares
*40%
98%
14 y8 Jan
26% Mar 14
51
*9774
28% Feb
Nov 29
41 %
50%
*19
6
26% Jan 18
40%
51%
5
24
30
4174
50%
Corp
12% Jan
4
41
5
Illinois
Constable
14
4
41
the Week
,
Carpet Co Inc
Arnold
Artloom
26
Jan
Apr. 1
14
Armstrong Cork Co com.
i S3.75
preferred
17
Friday
Mar. 31
53%
10
of
Sales for
Thursday
5
Co
PRICES
Mar. 30
51%
Inc
Corp
Jan
13% Jan
23
9% Feb
Armour
SALE
Wednesday
Mar. 29
41
Corp
Steel
14% Apr
27
21
22
12
7% Jan
_8% Oct 26
May 19
102
9
Co
HIGH
Tuesday
10
Corp
Archer-Daniels-Midland
43% Feb
8% Apr
Jan
74
Products
28% Feb
33% Jan
57
21.80
Oil
Mining
Copper
P W
6
39% Mar 15
7
32% Jan
Anderson-Prichard
AND
Monday
Mar. 28
Par
Anderson Clayton 6c Co
44 % Jan
6
45% Dec 23
LOW
STOCK
YORK
EXCHANGE
Jan
12
July 21
33 V5» Jan
41
Lowest
Highest
NEW
since Jan. 1
Highest,
Range
1954
Year
Uveal
EXCHANGE STOCK RECORD
STOCKS
52%
53%
5374
1774
1,500
1974
8
393,800
53%
4,800
B
4% Jan
8
4
Nov 23
75% Dec
8% Feb
6% Mar 14
20
42% Jan
7
Jan
11
13% Dec 29
1174 Jan
6
18% Jan
11
40% Dec 29
35% Jan
18
54% Jan
6
4
60% Nov 19
16% Jan
4
32
Dec
31
Feb
10
86
Dec
66
29
39% Jan
68
30
83
(T)
Babcock
Mar 24
114
18
8% Jan
Babbitt
10
& Wilcox
Inc
i
7%
7%
*7%
(The)_No par
Co
109'/a
113%
105%
10a
103%
17%
18%
18%
22
21%
24%
42%
43%
42%
43 Va
42
4274
60
61
59%
60 %
33
33
33%
33%
84%
83%
83 %
24% Mar 30
Baldwin-Llma-Hamllton
45% Mar
Baltimore
3
63 y2 Mar
4%
7
Jan
36% Jan
Jan
Feb
17
13
100
common
noncumulatlve preferred—100
Bangor 6c Aroostook
25
87
Ohio
6c
Corp
Convertible
5%
50
common
preferred
43% Jan
4
64
30
57 V\ Apr
66% Jan
13
Barber
Oil
11% July
24% May
1
151/4 Jan
16% Jan
13
Barker
Brothers
5
17% Sep 30
407/a Oct
1
38 % Mar
40
Feb
1
20% Jan
4
36% Dec
10
33 V2 Jan
72% Mar 29
Bath
9% Jan
4
10% Dec 22
14% Jan
16 y2 Mar 31
Bayuk Cigars Inc
40% Jan
54% Mar 24
100
Beatrice Foods Co common
Dec
.
V"
4%%
4
55% Dec
8
Jan
4
143% Dec
9
133
Jan
24
140% Feb
28
3%%
6
107% Dec
2
104% Feb
28
106%. Mar 18
.4%%
Dec
31
13 y« May
81
Jan
3
25
6
50% Jan
90% Nov 22
22 Va Mar
Beck Shoe
Mar 18
Jan
11
4
26
Dec
21
22% Jan
6
29% Feb
2
Jun
17
41
Dec
29
40
Jan
3
44% Jan
24
28y« Dec
1
35% Sep 10
14% Oct 25
28
Mar 21
31 y8 Jan
3
17% Jan
25
9% Jan
32
10% Apr 14
20% Not 26
17% Jan
25
4
90% Jan
18
Dec
85
Nov
42 Va
42%
4274
27
5
Jan
38
6
30 Vz Jan
17
22
17
96 y2 Mar
Feb
Bell
43%
37.000
61
61 %
61
6174
3,700
33%
3374
3374
*83
84%
83
83
90
58
6.700
3,600
I
.
.
7
Bendix
600
(A S)
59%
59%
59 %
60
58
5974
57%
16%
16%
16%
167a
16%
167 a
1674
16 'a
*1674
1674
*38%
3974
40
*39
40
620
62 %
67
60
64
131,000
1574
16%
16%
1674
39%
39
33
39
39
58
61%
63%
72%
61
6 j 74
15%
15%
15%
15%
15%
16
54
54
100
139
139
105
105
105%
26
25%
25%
94%
96
26 %
2674
2u%
*42 %
43%
*42 %
Inc
25%
2.50
4%%
Packing
Aircraft
4V4K,
706.500
83 Ms
*83
100
pfd
*93
100
*53%
96
26%
27
50
43%
43%
10
Co
54
28
15%
54
*53%
145
*139
105
28'/a
28
28%
15%
15%
31 %
139
139
106 %
105%
105 74
210
25%
2574
25%
257a
8,300
*94
26%
*o*?
96
26%
28%
27
26%
*42 %
44
15
31%
54
145
53%
96
28
15%
54
*137
257/u
*94
53%
1
31 Va
1
^
10
*97
35%
33%
99
57%
'
34%
99
35
100
common-
preferred
57
15 y2
33 %
31%
35%
35 %
100
36
*98
20,700
*105%
106
25%
1
,
\ 145
106
*139
__1
Corp
Bell 6c Howell Co
3
17
Feb
100
1,900
26,200
2274
*33
61%
%
12.50
preferred
Beldlng-Hemingway
16
37% Mar
8
774
108
60
10
Beech Aircraft Corp
Beech Creek RR
;
Beech-Nut
2074
44
*42 %
30
96
120
2674
3,800
43
10
28
29%
29 Va
29%
15
15%
15
15
31%
33 %
32%
20,300
1.500
33%
67,300
'
35%
102
1,400
'
'
1374 Jan
31% Dec 31
100
96
774
102%
2374
50
prior
Mills
33
7%
10574
21%
33 74
61
%
7Va
10274
59 %
No par
preferred
Beaunlt
31
26 y4 Jan
14
7%
107
10
Corp
Works
conv
7%
lo
common
preferred
Iron
99% Jan
107
Corp
*83%
%
7%
35%
*98
102
35%
*98
36
1,800
102
30
52'/a Mar 14
19% Mar 15
% May 18
24
Jan
1% Dec
14
1 y2 Jan
3
23
benguei
Consol
1%
1 %
1%
3
Best
6c
Co
1
32%
33%
33%
33
33
3374
3374
28
Best
Foods
1
46
46%
x45%
40%
46 %
46%
46 %
46%
4674
46 Mi
6,500
No par
131
132%
131%
132%
13274
129%
13174
130 74
13274
28,200
168
167%
168
30
Jan
9% May
111% Dec 31
101 y2 Jan
5
144% Jan
168 74 Nov 29
161 y2 Feb
14% Dec
6
05 y* Apr
30
36% Feb
13 y« Jan
29
48 y2 Jan
6
50% Dec
29
29% Dec
3
22% Feb
3
32 % Dec
27% Jan
,5
25 y» Mar 14
30
31
Mar
33
Feb
3x%
jan
28'/a Mar 15
Mar 14
40% Sep
23
30
75
29
68 Va Jan
1774 not
1
Jan
26
24% Apr
8
35% Dec 31
33
6% Jan
4
17% Dec 31
15% Feb
.13% Jan
4
8
July 29
;®7% Mar 17
,
18
Dec 29
1274 Jan 11
74% Sep
3
4
6c
Bliss
(Del) com
Bliss 6c
,
Chemical
Bohn Aluminum
9V4 Jan
-
14
10ya Feb
62 V4 Jan
18
66
6
35% Dec
13
39
Dec
14
34% Jan
93Mt Jan
12
99
Dec
17
96
49% Jan
7
66% Aug
3
53 y4 Jan
Dec
13
32% Dec
14
16
14,900
20%
20%
20%
21
2074
21%
7,400
174
1V4
60,500
3274
3274
1%
1%
1 Va
1
Va
*166%
*
15
79%
129
168
*167 %
14%
15
80
80%
*166
147a
14%
15 Va
80
14%
*79
80
80
1474
*79
1,300
169
600
1574
5.600
81
320
60%
60%
61
59%
60 %
5974
26%
27%
26%
27%
26%
27
267-4
2674
2674
2774
30
29%
29%
29 %
29%
2974
2974
2974
30
*30%
59%
60%
59%
60%
30%
31
31 %'
30%
30 Vt
*30%
35%
37
35%
36%
35%
36%
3574
36%
3574
35%
__5
78%
80%
78%
79%
76 %
78%
76
787/4
7674.
7774
'"21 Vh
21%
31
*30%
2,900
12,200
; 10,900
31
700
8,900
f 53,300
2178
21 Va
21
2174
21%
2174
35
35
'34%
34%
34%
3474
3474
3474
17
17
17
17%
17
17
17
17%
1774
1774
940
1
& Brass
21%
No par
No par
Stores
Borden
16
1G%
16
16 Va
16
16'
16
16%
1674
16%
9.900
97a
*9%
974
1.000
64%
2.900
Corp
:
5
Inc
Club
Inc
98 y2 Jan
7
6
58y2 Feb
14
147/8 Jan
3
18% Mar 16
28y8Jan
3
39% Mar 17
')
35
64%
43
43%
*96
97 y4
Co
55%
25
3474
9%
65
42%
4
9 %
974
6474
64%
6474
3,800
1
1,290
43%
42%
43%.
4274
4374
97 %
97%
97%
97%
97%
120
56%
56%
56%
56%
5674
2,300
16%
1674
1674
16%
16%
16%
4.900
367a
38
37%
3774
37 Va
37%
31%
3174
30%
31
3074
31
427a
97V4
55%
,
65
65
43%
*96
56%
21
.
9%
64%
65 y2
5
35
*9%
9%
100
_15
Bower JRoller
Boston Edison
9%
1.25
Co
(The)
Borg-Warner Corp common
3%% preferred
.
5674
2.50
B
Book-of-the-Month
Feb
44% Mar 17
Mar 23
Class
Bond
.
56 Va
7.50
Co_;
Bon Ami Co class A
17% Jan
57
29%
1
1
Co
23% Jan
15% Mar 14
5674
10
Co
Laugh 1 in Inc__
39% Jan
/
57
1
Mfg
Boeing Airplane
Jan
100
(Delaware)
Mar 24
20
1%
56%
20%
33
168
14%
79
com 5
Co
20 'A Mar 15
16
57%
20%
21
*166%
100
Decker
(E W)
Blockson
88 y2 Mar
20%
1 peso
pfd series of 1951
Blaw-Knox Co
38% Jan
6
Co
preferred
Black
3
23
Mining
57%
4
Cprp new
Blgelow-Sanford Carpet (Del)
4Va%
17
5
23
...
zi
26% Jan
27% Dec 31
Dec
reu
Loan
5
'
7%
28
80 % Mar 29
ox
new__
Bethlehem Steel
Mar 31
lti% PP.O
7
18
Aviation
Beneficial
«1/B Mq.f 9^
168
9
Jan
9
May
1
6
74
Mar
47% Feb
7
80% Oct 27
17% Jan 12
14% Jan 11
38
34
Mar 14
43
3
4
Jan
17
48% Dec
4
50
22% Feb
iy« Jan
32% Dec 29
27
30% Jan
59 y2 Mar
*96
56 V2
56%
8,700
Boston 6c Maine RR—
8% May 3
20y« May 11
25% Jan 11
6% Jan
6
23% Jan
11
18
32% July 27
17
Dec
29% Mar 14
10
14
jan
44% Dec 21
38
Mar 14
6
18% Mar 23
461/8 Mar
IT
19% Jan
4
95% July 20
26
Jan
12% Jan
60
£
Jan
6
4
13
9
,
56% Jan
6
75 y2 Feb
34% Dec 29
28 y4 Jan
28
100
Oct
Mar 11
34 y4 Jan
15
>
\
Hnggs
3
97% Feb
100% Jan
32 y4 Jan
.36% Feb
16
14 Va Jan
15
Mar
7
83
82
86
Mar
9
July 28
Jan
13% Jan
15
22% Dec 30
20% Jan
31% Feb
12
36% Dec
33
40
3%%
Brown
13
Jan
11% Jan
21
Mar 14
Jan
4
17% Dec 20
15% Jan
6
Jan
6
85
Dec
85% Jan
20
92 y2 Feb
24
30
Mar 12
27
Mar 14
29% Jan
11
25% Jan
11
51 % Aug 16
37
Mar 14
57% Aug 20
17% Dec 29
50% Jan
88
84% Feb
74
37% Mar 24
10% Jan
11
'80% Feb
3
Oct
28
16
5
Budd (The)
20% Mar 28
12
2
-
47% Feb 21
62 y2 Feb '14
19% Feb
7
92 y2 Mar
Bulova
8
Watch
73 y4 Jan
18
76 y2 Mar 11
3
87% Mar 16
15 % Jan
4
25% Nov 12
4%%
2274 Jan
6
8
16y* Dec 29
15
Mar 18
31% Mar
7
16% Jan
3
36% Peb
8
11% Jan
4
Dec
16
79% Jan
14
93% Oct
4
7% Jan
4
10% Apr
12
9ya Jan
Feb
24 y4 Jan
18
36% Feb
26
103% Jan
4
26y4 Jan
6
34% Feb
21
Bush
•
3
99 y4 Jan
Jul
«
1% Jan
4
8
12
10
6
27
Mar
100
Mar
7
6
33% Jan
30
42 ya Dec
13
8
21% Jan
#4% Jftn
4
4
26
15% Dec 31
99% May 13
60
33
61
j'or footnotes
Dec
29
page
42%
4274
5,200
X2274
22%
2274
10,900
72
72%
1,600
32%
11,000
22%
23%
70%
6974
70 V4
"32%
32%
31%
32Va
*9fe
99
*97 Mr
3074
34
x33
1474
"26%
26%
26%
26%
25%
35%
36%
35%
36%
35%
No par
5
,
*8374
85
20
3274
1474
34
14%
33%
1
3074
33%
33%
14%
*83%
83%
20%
20
14 Va
99
•
337a
3174
*98
3374
5.300
2,800
74
22.500
99
34
8,600
1474
5,200
14%
'1474
*83%
8474
*83%
2674
2574
2574
257a
2574
3.400
367a
35%
36
36
36 %
12.400
197e
20'/a
2074
67,800
85
20%
20 y8
*89%
90
89 7
29%
29%
29 Va
29 %
28%
29 74
*28%
39 y2
40%
39%
39%
3974
4074
3974
*56%
57%
17%
20%
•
71%
*98
83%
14%
32 74
23
70
99
*98
99
14%
33%
15
conv
Butler
7%
5774
5774
17%
177 a
177-4
90
90
90
90
*75
76%
86
86V4
29%
30
1
Co
Bldg—
preferred
15%
15%
-
& Zinc__
(A M)
:
5
No par
common
Jackson
Co_
10
California Packing Corp.
16
Mar
20
84
100
1
2
13
64 y4 Feb
10
29
7
Feb
14
32% Jan
3
Feb
17Va
*88
-
40%
567a
5674
57
600
1774
90
70
33,200
76%
86%
*'<5
*75
76%
7674
7 6 74
30
86 %
*75
*86
*86
86 %
86
86
80
29%
29%
29%
2874
2974
2974
29 74
24,900
*15%
15%
157a
1574
1574
1574
1574
900
54
53 "4
53
53
53
53
26
2674
19,500
98 74
100
117a
28,900
53
•
53 74
25%
25%
25%
2574
2574
97%
*97%
98 %
*97 V2
98 %
274
7,500
1774
97%
31%'
40
90
25%
*29 y8
2,700
39
17%
97%
-10%
800
29 Va
92
25%,
*100
89-
2874
10%
10%
10%
29 7
29 Va
29 %
4
100
100
101
10%
10%
29
30
*100
101
10%
23"
101
1174
29 %
101
32
3174
31%
3074
31%
3674
367a
1174
287a
*100
31%
32
*9774
36%
36%
36%
36%
36%
2874
101
31
3174
36'4
36%
190
1,100
50
2,500
800
3
2%
14% -15
14%
39%
3974
39%
39%
30%
29%
30
30 Va
15%
15%
15%
1574
157a
*95%
96%
*9574
£6%
58%
58%
*59
60
*26%
26 '4
26 7a
26%
*2674
26%
100
2%
3
3
274
3
27a
1474
15
14%
1574
34.500
3974
39%
417a
29.600
30 74
30
3074
2,500
1574
1574
16,600
*95 74
9674
3
12.700
-
97% Mar 18
59
1
5674
*90
88
29
97%
3674
Zinc-Lead
53
88
25%
15
100
participating preferred__10Q
Byron
*52
50
_i.
Calumet & Hecla Inc.
32% Mar 17
Mar 25
57
17%
92
100
common
567 a
17%
-
Byers Co
90
100
preferred
Butte Copper
...
a
*89
1
prior
Bros
4%%
*89%
90.
100
com
preference
Callahan
17
54
28.
4274
5
8
4174 Apr
Jan
28 y4 Mar 14
July 23
see
4274
22%
.
3
25% Jan
9
43 74
No par
Inc
8
5774 Jan
Nov 30
27% July
42 Va
70 Va
Inc
;3% Feb
1474 Jan
91 % Jan
43%
5
15% Mar
-38% Mar
28% Dec
43
1
38% Mar
274 Jan
1074 Jan
20% Jan
4
12% Aug 20
90% Jan
6
12
Terminal
Terminal
5%
2
3
23
52% Jan 11
22% Jan
5
Mar 29
Jan
Dec
38% Dec
54
9iy2Jan
36% Dec 31
3% Dec 31
7% Jan
43 y4
22%
Burroughs Corp
t
8
26% Sep 16
107% Nov
1
22
second
Bush
29% Dec 10
,42%
5
Co
76% Jan
f
18
70%
,
4%
14
2
17%
1
Burlington Industries
t
77% Aug 11
July
18%
23
Co
78% Dec
15% Jun 29
17%
10
Bullard
,
8
16% Jan
187 a
No par
8
98
17%
70%
Co
11% Feb
'
18%
22%
Co common
Forge
73% Jon
23
18%
3.50
;
$5 preferred
Buffalo
:
74% Not
25
18%
2.50
com
Inc—.
preferred
3%% preferred
50 ya Jan
18%
.
'
Mar 15
62% Dec 31
32
100
Blgelow
Co
167 a
37,%
32
5
common
Brunswlck-Balke-Collender
Bucyrus-Erie Co
11
25% Feb
6c
16%
37%
32%
2.50
preferred
Brown Shoe
16%
38%
32%
No par
Stratton—
Brooklyn Union Gas
.
23
22
6c
16%
38
5
100
■
_100
Bristol-Myers Co
11
33% Aug
2
14% Dec 29
.
preferred
*
24% Mar 23
25
67
6%
Bearing Co_.
Branlff Airways Inc
Bridgeport Brass GoJ.
Briggs Manufacturing Co
4
21 y2 Mar
Jan
38
Common
13
"Jan
21
5
-14%
1.80
Campbell Soup Co
1474
39%
3974
30
30%
3074
1574
15
74
15%
96
96
Campbell W & C Foundry
15
Canada Dry Ginger Ale com—1.65%
•4.25 conv preferred
No par
Canada Southern Ry Co
-JL00
Canadian Breweries Ltd
Canadian
Cannon
Pacific
Mills
Ry
;
*96
97
•
,
14%
x39
40
5974
*5874
60
Ndpar
*26%
26%
*26
26%
-*i2S
2974
2974
29%
29%
29
29%
29
2974
29V»
29%
31,300
No par
5474
5474
*5474
55%
54%
54 %
54 Va
54
%
54 Va
5474
600
59
59
59
80
Number 5417
Volume 181
...
The Commercial and Financial Chronicle
(1567)
NEW YORK STOCK EXCHANGE STOCK
Range for Previous
Year
1954
Lowest
8% Jan
28
cJan
17 74 Jan
107
STOCKS
Range since Jan.
Lowest
Highest
4
27 Va Dec
29
13
40 y4 Apr
12
5
•'
30% Nov
126
Dec
22% Jan
6
17
27 y2 Jan
16
22
25% Dec
30
23
40 Va Jan
5
63 y4 Dec
31
55 y2 Jan
12
Carborundum
Jan
463A Jan
4
62 V4 Apr
13
58
6
112
Jan
117
11
Mar 15
Jan
>49% Mar
Mar
4
3
66 ;Feb
16
28%
29
27%
28%
27%
2874
273/a
28
33%.
34%
33 %
34
337s
333/4
323A
333/4
10
32%
33%
32%
33%
32%
33
327a
34%
33%
34%
115%
Carpenter
Preferred
6
19% Mar
3
Carriers
&
General
19% Jan
3
Case
I)
Co
126% Feb
15
4
129 y2 Feb
26
120 y2 Jan
3
17
85 y4 Dec
27
79% Jan
4
97
Mar 30
41 y2 Mar 31
48
Mar 30
4
28
4
15% Mar 14
105 y2 Sep
102% Feb
10
26% Dec 29
121
Nov
66% May
4
81 y2 Dec
4
30% Dec
31
19% Dec
21
Jan
104
8
77 y2 Jan
122
3
Feb
81 % Feb
9
32% Mar
6
11
18
Oct
28
4% Jan
4
21% Mar 12
.
27
Jan
7V
27
4%%
conv
Corp
18% Jan 26
Jan
19% Feb
3
7y4 Jan
6
20
8% Dec
237a Mar 25
407/a Dec
547a Mar 24
82
20
9% Mar
3
28
37% Jan
Dec
22
79% Jan
3
88
1274 Jan
4
15% Dec
27
14% Jan
31
17
38 74 Jan
8
47% Dec
21
45% Jan
5
51% Feb
17
1057a Dec
19
112% Sep
193/4 Jan
8
54% Mar 23
18
Mar
4
5%
15
21% Mar 30
'
18%
19
183A
16 y8
16%
16%
16%
16 74
124
123
95
94%
18%
19
16 3/8
16%
*12172
123
123
1,430
50
700
>!
7 31,900
17%
120
124
93%
9574
94%
95%
4,900
48
477a
47 7a
477a'
47%
1,400
V
118
78
78
78
78
77%
78
30%
31
30%
30%
30%
19%
19%
19%
*19%
30%
19%
20%
20%
21%
8%
-8%
8%
105
22%
preferred series A-100
i,
104
22%
104
22%
*104%
22
22%
119
119
*10472
106%
22
22%
:
*118
120
1067a
*104 7a
107
100
23
32,800
22 7a
•22%
119
*118
No par
common
*118
50
119
78 74
787a
783/4
783/4
1,900
307a
;
>30%
30%
30%
8,200
20
*19%
5
x20%
1
8%
...
193/4
*19 7a
193/4
20%
20%
1,400
8%
8%
7,000
No par
53%
54%
100
*86%
86%
No par
16%
16%
Illinois
4%%
Light
com
preferred
17
48
110
.V
,21
'
5172
52%
86%
8672
87%
*8674
87%
1,000
16%
16 3/4
167a
16%
16%
10,800
48
47%
47%
47
47%
1,300
110
Jan
6
111% Feb
24
Jan
7
26% Feb
14
Central Illinois Public Service
10
25%
25%
25%
25%
25%
25%
253/a
21
Mar 14
,26% Jan
24
Central RR
50
24 Va
24%
24%
24%
24
24
24
21
Mar 15
261/0 Jan
24
50
24%
24%
32
32%
15%
15%
28
29
29% Jan
18
36% Feb. 11
Central
14% Nov 26
13% Jan
19
18
Central
8y2Jan
of N
J
class
A_
Class B
South
&
West
Corp
Violeta
io y» Nov
29
6
14% Feb
17
41% Dec
30
37% Mar 14
47% Feb
21
Sugar
Century Ribbon Mills
Cerro de Pasco Corp
28%
Dec
31
23% Mar 14
28% Feb
18
Certain-Teed
48
Dec
14
43% Jan
49% Feb 17
Chain
Belt
5
9.50
Co
111
52
110
110
*110 7a
.25%
25%
25%
4,300
24%
247»
257a
3,200
24
24%
24%
24%
24%
24
247a
25%
1,400
32%
32 y2
32%
32%
327a
32%
32%
32%
20,200
15I/4
15%
15%
15%
157a
157a
153/a
18
;
•
>
-
*11
1,800
11%
100
17,900
■•■24%
46%
24"%
11,600
45 7t
45%
1,000
11%
*11%
11%
11%
11%
*11
11%
45%
45%
45%
44
45%
44
443/4
44%
1
25%
25%
25
46%
25%
24%
25%
24%
24%
46 y4
46%
46 y4
46%
46%
46%
46 7a
467a
Co
130
112
111%
111
*11%
Corp
4,000
52%
No par
6
Products
700
53
24
*110
874
86%
;
109
Co
100
'<
8%
47%
86%
48
;■
*203/4
<vV
8%
16%
53%
86%
16%
49
8%
52%
53%
>>
*1972
21%,
21
8
7
*18%
97
118
*48 Yt
25% Dec
4
52
52
123
*104
No par
'31% Dec
v
5,800
52
517a
95 %
j.00
Central
6
4
61%
60%
52%
130
*121 %
No par
100
of Georgia Ry
preferred series B
4
6% May 27
1,400
95
30
1
5,000
62
123
94%
28
Apr
24%
•54
Dec
1
1157a
24%
47%
Central
26
33 72 Jan
123
10
common
Central Hudson Gas & Elec
10 3/# Feb
4
19%
517a
*52
10,500
-
'
23 7a Jan
123/8 Jan
*18%
61
53%
*52
10,100
62
613/4
61%
62
51%
53%
25% Dec
26
157a Mar 15
2074 Jan
52
61%
51%
9,900
>
115%
'24%
*52
,
16%
preferred
5%
62%
51%
116
54
16%
Central Agulrre Sugar Co
Central Foundry Co
1
Mar 29
61%
62%
51%
_—.
preferred
Celotex
>,
61 72
19
4.20%
2nd
'
15% Jan
157a Jan
7%
24
61%
12.50
Celanese Corp of Amer com
10
24%
61
*53
100
issued"
24
62
18%
preferred
Preferred
Mar 29
26 y4 Jan
115 y4 Mar 16
30
16
7%
"When
*116
24%
*61%
1
common
Caterpillar. Tractor
■
20% Mar 15
26
(J
116
116%
24%
61%
61%
_50
Corp
117
115%
24%
61%
51%
50
series
$3
116
24%
;
_io
4%%
Jan
16 74 Apr
5
preferred series
2
8
443/4 Feb
1017a Jun
Co
Mar
29
1077a Jan
Steel
Carrier Corp
64% Feb 18
19% Dec
113
Co
(Philip)"Mfg Co
53% Mar
3
Shares
29%
Jan
;18
the Week
34%
56
22
Apr. 1
28%
1
20% Nov
Friday
Mar. 31
33 y4
1
7
Sales for
Thursday
Mar. 30
1
(The)
Mar
51
SALE PRICES
HIGH
Wednesday
t
Mar. 29
5
Carey
26% Jan
Tuesday
Mar. 28
Carolina Clinchfield & Ohio Ry_100
Carolina Power & Light
No par
34% Mar 31
7
13% May
Monday
Par
Capital Airlines Inc
37
7
20'/8 Oct
Jan
STOCK
'*
5
13
YORK
EXCHANGE
30% Feb
30% Mar 14
Jan
31
NEW
1
Highest
RECORD
LOW AND
Champion Paper & Fibre OffJan
11
,60
Nov 22
987a Jan
5
108
Mar 17
105
38% Aug 11
■I 8 Va Dec 30
30
33
22
May 12
4% Feb
25 3/4 Jan
2
50% Feb
9
27
5
53y2 Dec
31
43
4
46'A Dec
31
42% Jan
8474 Jan
13
94 y4 Dec
9
Mar 14
6
■
■n
Common
No par
52%
52%
51%
51%
3
$4.50
No par
*105 y2
106 >/4
*105y2
106 y2
Feb
68
6% Jan
7
Feb.
109
6
337a Jan
•
54% Feb
28
Mar
Jan
16
Chance
1
,49%
50%
48%
9% Feb 25
52% Jan J 3
,
49% Mar
-
3
"
Jan
4
24% Dec
30
23% Feb
3
30 y2 Dec
30
28
187a Jan
5
27y8 May 14
2x
18 Va Jan
4
38% Dec
17
33% Jan
277a Jan
4
38% Dec
16
1274 Mar
1
19 Ve Dec
31
5% Jan
4
13% Dec
31
12
14
10
Jun
.21% Jan
la
Jan
Checker
27% Mar 25.
18
.
3%%
Class
21%
No par
17%
17%
17%
171/4
16%
No par
6
17% Feb
6
Jan
25% Mar
„
Class
24
4
16%
17
17
1774;,
1,500
\
5,600
227s
23%
23%
31,100
58%
577a
167B
57%
577a
58 3/a
13,900
17%
17%
16%
.173/a
8,500
39% Mar 10
35%
36%
35%
36
35
35%
35%
36
3574
35%
53 y4 Mar
1
Chicago Pneumatic Tool
48%
49%
47%
48
47%
4770
47
47%
487a
142% Mar
3
7
96% Mar
preference—No par
convertible
$3
5
com
*125
105
y2
11%
10%
*17%
18%
*17%
Apr
1
Chi Ids
18 V4 Apr
> 1
5%
1
Chile
11
105 V2 Jan
Feb, 17
4-/8
52
7
18
17
16
17%
23 %
13% Mar 14
23% Jan
5,600
16%
Chickasha
100% Feb
40%
203/4
57%
pfd
1
9
20%
22%
Pac
&
noncum
22% Feb
105% Oct 15
*4074
2074
17%
A
17% Mar 15
Jan
40%
20
58%
Paul
St
series
1
66% Jan
1,400
40%
23%
Milw
11% Apr
29
42
17%
Chic
14
.3
*41%
57%
1
Apr
74% Mar 28
Cotton
Co
Oil
10
10
*125
qc:
96%
105
*104%
*125
140
96 '/4
93%
104%
105
10%
10%
*17%
18
140
;...
473/4
140
*125
140
*125
qs
9474
95
237a
.
937a
104%
10474
•
QS
1043/4
11%
10 74
11
11
*17%
13
18
1,700
18
18
"
3%
3%
3%
3%
3%
4
4
13%
13%
13%
15%
16
16%
16 3/4
17
17
35
35
37
37%
38%
42%
413/4
45%
45%
74%
73%
74%
71%
74
72
727a
72%
27 V4
100
73%
27 Va
,8,200
52
73%
25
25
Copper Co
Chrysler Corp
8,600
11%
1
preferred
5,600
4,900
:
1043/4
104%
—25
common
convertible
140
95
Chicago Rock Isl & Pac RR„No par
5% conv preferred series A—100
Chicago Yellow Cab
No par
9 */a Feb.
42
*4l7a
23%
Mar 15
14
18,000
18
11
Jan
223/8
59
62 7a Jan
88
1,700
35
22
24%
11
104
6,000
267a
35
223/4
17%
108% Jan
9
26
347a
57%
10
29
27,200
23 y4
118 Va Dec
Dec
600
487a
97
100
5
105% Nov
10,400
9%
Chic ■& North Western com—No par
5% preferred series A
100
Jan
15% Jan
B
30
27,400
50
,45%
48
*94
26%
%
99
800
51%
1077a
*44
473/4
97
26
*34
40%
20%
6
18
42
40%
13;
977a Jan
41%
21%
39% Jan
20% Feb
42
40%
30% Jan
35
May 25
72% Dec 21
41%
20%
9
1
42
*40'/a
22
5
2278
21%
49% Dec
Feb
22%
40%
303/4 Aug 31
5674 Feb
22%
20%
34% Feb
21
22
40
29
31
23%
Chicago Ind & Louisville Ry cl A_25
Oct
31
35
107
447a
*94
26%
35
21% Mar 18
63 y4 Mar Iff'
Dec
26%
36
42% Mar 11
19% Mar 10
4
27%
35%
19
16
16% Dec
8
97
26%
36%
21
21
5
*94
27%
35%
16% Jan
45% Feb
4
97
27%
40
A
36% Jan
14% Jan
1% Jan
46 72
x41%
30
77a Jan
44%
47%
Chi™go Great Western Ry com—50
5% preferred
50
29
5
44%
46%
2
21
10% Aug 30
21% Nov 18
*94
44%
;
8
44% Mar
17% Dec
6
97
•
8%
7%
18
52 Vb Dec
73/4 July
11% Jan
*95
46%
8 3/a
47%
44%
48
497t
22 y2
17% Dec
94
45%
517a
1
8
4
46%
517a
106%
483/4
Chicago Corp (The)
2
Jan
preferred
*44%
5172
*105 72
49V4
7
,u
11
92
convertible
6
23
100
51%
106%
48 %
45
\'h 8
8
51%
51%
*105%
50%
8%
Atrial'
% Mar 14
10 74 Jan
63
8
Manufacturing_A._l.25
Chicago & East 111 RR com—No par
36% Mar 25
357a Mar
26
Cab
Chesapeake Corp of Virginia
Chesapeake & Ohio Ry common
96% Mar 24
93 y4 Jan. 17
preferred
Vought Aircraft Inc
3%
4
4%
7a
59,400
17%
9,800
2,460
111,500
Cincinnati Gas & Electric—
25
Aug
Jan
12
84 y4 Aug
28% Jan
11
49
9% Jan
~5
17% Dec
98% July 22
27 7t Jan
4
104% Sep
47
Nov
12
23
59 y2 Jan
43
15
74
Jan
Jan
26
Jan
6
72
Feb
15
192
Feb
21
Mar 15
191
Feb
14
Dec
27
>92
Jan
17
68
Dec
31
65
Jan
28
Jan
5
110% Dec
28
2
75% Sep
27
1327a Jan
89
Jan
56
4
71% Feb
18
Climax Molybdenum
36% Mar 15
45% Jan
10
Clinton
Dec
22
Oct
6
22
18
10
7
863/» Jan
4
127a Jan
20
125% Mar 17
976
95% Sep
16
20l/a July 28
17
2% Jan
4
3% Jan
133% Jan
4
'.47% Feb *9
148% Mar 14
100% Mar
9
112
Feb
6
122% Jan
13
111% Jan
90
Jan '14
17% Jan
6
62% Jan '
95 % Mar
-
4
31
21
Mar-14
25% Apr
.1
46% Dec
31
45
Jan
6
48% Feb
15
52% Dec
31
49% Jan
27
29
61
Dec
31
Jan ;
6
73
Mar 29
Mar 28
preferred
Colorado Fuel Ai Iron com
•
5%%
No par
50
series B
preferred
Feb
17
81
9
85'/4 Feb
4
53% Dec
22
45% Mar 22
51% Jan
3
31% July 15
28% Mar 15
31% Feb
16
61% Dec
8
54% Jan
6
24
46% Feb
25
19% Jan
6
26% Feb
9
Mar 14
47% Jan
20
687a Jan
4
413/4 Jan
11
263/s Jan
11
44
Jan
14
34% Jan
12
53% Nov
1574 May 11
22% Dec
30
4
48% Dec
8
89
4
8% Dec
13
1974 Oct 29
177a May 5
23% Jan
27
23% Jan
26
203/a Jan
12
30% Dec
7% Jan
4
40% Jan
4
10774 Apr
26
47% Aug
3
110% Dec 30
38%
Jan'
Mar
8% Jan
6
Elec—5
1
Credit Co_.
21% Mar 14
23% Feb
14
6
27% Feb
13% Dec 23
12% Jan
33% Mar
17% Apr
51% Feb
10
No par
Solvents
Commercial
7
Consolidated Cigar Corp
Consolidated
14
Jan
3
24
Coppermines Corp
$5
Electronics Ind Corp
4
8
17
Dec
6
15% Jan
30% Jan
107
Jan
7
31% July 26
113% Dec
9
98
Jan
7
107
Nov
26
109
Consolidated
Foods
Consolidated
12 3/4 Jan
26% Jan
17
34% Feb
10
Mar 31
111% Jan
4
Preferred
Jan
12
Preferred
100% Feb
11
105
Power
Corp
of Bait
Co
4%%
4%
C
-
12 3/s Feb
11
22% Oct 20
333/4 Dec
14
36% Dec
1772 Nov
3
25
Jan
26
21% Feb
4
33
53/8 Jan
4
11% Dec
30
10
7
12% Feb
21
Consolidated
7
6
9% Dec
28
11
7/1
Consolidated Textile Co Inc
Apr
38% Jan
8
1053/4 Jan
5
1067a Jun
42 3/8 Jan
7
7
101% May 25
20% Jan
4
49% Aug
113
Nov
109% Feb
8
6
27% Feb
11
Consolidated
Laundries
Mar 11
36% Jan
3
Consolidated
Natural
8%
Jan
Mar 14
5
47
108
Jan
*07%
Mar
1
Sep 22
30% Dec
Jan
33
24
68% Nov 23
105
18
30
90 y2 Jan
4
105% Dec 31
54 y2 Jan
4
79% Nov 24
Mar 14
Jan
21
106% Dec 27
Jan
50% Mar
11
112
Mar
3
109
Jan
3
69% Jan
28
105% Jan
10
6
100% Jan
72% Jan
101
Mar
13
4
25
4
4
106% Mar 30
pfd
Stores Inc
4%
10c
.No par
$5.50
Preferred
Continental
103% Jan
5
$3.75
No par
preferred
9
called
Can
preferred
Inc common
44%
*44
69
108 7a
110
;
*75
22%
20
.—No par
5,000
.
910
60
753/4
*44
44 72
22 7a
23%
99
68%
109
75
75
20
1,600
663/4
194
4474
22 74
9,500
22%
64%
68 74
68%
70
38,200
377a
37%
3%
3:,/8
38%
'37a
13,100
3%
43 %
3%
43%
44%
74
43%
43%
433/,
3%
3%
43 %
43 %
..148%
148
109
115%
55%
92
18%
47
60 •
72%
.63%
/
94
92%
16%
47
63
73
-
*146
1477a
110
*107
109
*107 7a
111
117
,11674
116%
*116
117
5,600
55 3/a
56
7,200
*91%
93
46"%
29"%
*903
*903
55%
56
55%
*91%
93
*917a
55%
93
187a
18%
183/4
18%
18%
1,600
23%
237a
23%
25%
25%
2574
47%
47%
47%
99,100
1,200
473/4
47%
62%
627a
61 %
62%
62
62
72%
73
72
72
65
65
937a
937a
1,200
93%
1,000
30,100
72%
72%
65%
64%
65 3/4
65 7a
65%
94%
93%
94
937a
9474
93%
933/4
.
93%
•
.
*93
933/4
*93
16%
16%
1674
16%
16%
16%
3478
333/4
343/a
33 7a
*8374
84%
*83 74
34%
84%
7,400
83%
467a
46
46
4,400
29%
29%
29%
5,800
73
74%
15,400
49%
507a
7,200
21%
22%
20,200
397a
39%
17,800
50%
22%
39"%
8%
19"%
'
46%
45%
29%
29 7a
29
73%
76%
727a
747a
49%
503/4
49%
5074
21%
2274
217a
22%
39%
.
397a
393/a
39%
8%
872
8
%
.<
8%
8%
*100
102%
8%
2,300
19%
197a
19%
19%
197a
193/4
6,600
22%
22%
227a
22 7a
22%
22%
223/8
5,200
30%
16%
49%
109
30%
17%
3074
3074
31
30%
30%
600
163/4
17%
17
17%
1774
17%
50,600
49
49%
493/8
497a
49%
49%
12,300
1093/4
1093/4
10974
109%
1097a
1097a
33
.34 %
313/4
3374
313/4
32%
32
36
16%
16%
167a
1672
16 7a
16%
16%
2,800
32%
5,100
19%
22%
16%
••
32%
82%
340
'
45%
76
31%
16%
82 %
630
83
74
32%
105
105
10514 105U
1,250
33%
49,2
22
39%
8%
65%
1,920
16%
78
40%
8%
20%
22
65
210
18%
*47%
50
22%
31%
300
.7.
34%
34%
83 %
83 %
46 . >46%
29%
29%
83%
*101% 103
\
190
146
*903
.23%
47%
4,200
146
116%
56
93
18%
23%
24
60%
73
13,400
148
110
148
108
116%
56%
94
19%
43
,
*146
108
115%
*903
—
107% 107%
100
preferred
753/4
3,200
69
69
108 7a
108%
*96
99
*96
69 VB
*187
1,600
21%
102
37 3/a
23% 24 %
33 A 34
*28% 30%
HA 11 A
9%
9%
48
48 k
109
109%
5
10
100
1
Continental Baking Co com__No par
18
83>
Retail
Corp
Gas
6%
$4.50
Feb
105ii Mar
Cuba
preferred
No par
$4.52 preferred
No par
Container Corp of America—
Common
10
7
34% Mar
of
Consumers Power Co com
6
Jan
RR
99
66
65 3/4
195
*187
1007a
10,400
36%
3%
109% 110
*101
103
100
4
27 Va Jan
61
Consol
65 74
66%
*
49%
109%
*30
.
7
101% Mar
105% Mar
96
Mar 16
21%
1007a
29,000
15%
67
32%
100
series B
series
22%
217a
21%
195
26%
367a
49
105
3874
49%
49%
109
109%
34%
34%
16%
16%
No par
com
*44
*1013/4
1007a
21%
102
14%
14%
3%
Gas Elec Light &
18% Feb
10
44y2
23%
*44
*75
367a
36%
48 3/a
49%
105
64%
31%
16%
•
5
No par
1
1.33%
preferred
75V2
*10l3/4
37%
8%
19%
Consol Edison of N Y com—No par
Consol
108%
109
757a
143/8
1478
8,100
37%
21%
Co———25
Conde Nast Publishing Co—No par
Cone Mills Corp
10
Congoleum-Nairn Inc.
No par
Edison
Commonwealth
1
44i/eJan
110
Jan
Ohio
Engineering Inc.-
11
11
23% Jan
Southern
&
Commercial
8% Jan
45% Jan
Columbus
_No par
Co^
Combustion
24% Jan
108
Carbon
Columbian
109
68%
483/4
50%
105
1,600
<;■
i
37%
■"'''63%
$4.25 cumulative preferred_No par
3
17
27
common
79% Mar 24
53% Jan
19% Mar 14
26% Dec
Pictures
Columbia
*96
69%
69%
16%
34%
Columbia Gas System Inc
31
34% Dec
99
16%
23
39 y4 Jan
16% Dec
12
194
33%
83%
46
29%
75
49
21%
40
17y8 Feb
31
4
193/4 Jan
66
66%
*96
5
15% Mar 14
31
12% Jan
21%
*101
*187
69%
No par
80
23
417a Feb
36%
102
66'%
93
27
65% Mar 30
*101%
*187
92%
27
93% Jan
17
66'%
93%
94 y4 Jan
7
21
Jan
21%
.
64%
93%
6
Dec
56
21%
14
14%
21 y4
*101
3614
49%
50%
105
36%
-310
*4/
66% " 67%
47
59%
72
com—100
4%. nbncumulative 1st pfd
100
4%
48%
38Va
148
Colorado & Southern Ry
•
47%
68 V4
*106
114
*903
56
*93
18%
23%
No par
Corp
48 7a
.
22%
37t
No par
—
Alkman
473/4
24
43
10
Jan
21
88
4
59
63
$3.50
48%
9,400
66%
No par
com
48
,•>
x
37J/2
No par
Corp
69
27%
103
237a
100
Jan
88% Dec
2
Jan
Internat'l
707a
48%
69
14y4
44V2
*44
preferred_100
Coigate-Palmoltye Co
Collins dc
69 y4
No par
(The)—
27%
102%
697a
99
*96
1
;
27%
102%
6972
50
75Va
79
58% Nov 30
3
Jan
cumulative 2nd
2 7 3/a
10274
70'/a
*101%
36y4
109 7a
noncumulative 2nd pfd—100
Columbia Broadcasting Sys cl A_2.50
Class B
2.50
41% Feb
36% Jan
preferred
4%
3
20% Mar -7
24% Dec
Jan
7%
27%
102 %
69 Va
14 Va
109
common
27%
102 %
195
*187
1
Coca-Cola Co
50%
*74
Clopay Corp
Coca-Cola
54% Mar 14
Inc
Foods
66%
27 Va
102%
48
105
50
gtd
Cluett Peabody & Co com
14
39% Mar 14
1
30
5
<
Apr 13
63% Nov 22
Apr
6
Jan
9
Mar 22
15% Mar 24
■40% Sep
45
3% Aug 30
43
Dec
Jan
50
,
142
Dec
41
:
31
42% Feb
.
102
*101
stock—50
1
No par
guaranteed 4%
42% Dec
104
>38%
Special
Pitts RR 1%
&
21 y2
70% /
48y2 s
No par
preferred
Cleveland
Clevite Corporation
6
10774 Oct
$4.50
4
Jan
75% Mar 29'
14
4
29
12
869
111
59% Nov 22
7
4
4
7
4
5
100
Clark Equipment Co
20
C C C & St Louis Ry Co com
100
5% noncumulative preferred—100
Cleve Elec Illuminating com_No par
City Stores Co common
4%% convertible preferred
25
24
27a May
Jan
Mar
14%
*101%
36 7a
No par
Corp—
Products
50 %,
5
common
25% Feb
24% Dec
32 7a Mar 25
73
96
71% Jan
City
70
47%
100
City Investing Co
5%% preferred
27%
10270 Va
>
*101% 102%, /
100,
44% Jan
Mar
9
Jan
108% Mar 30
V
-
preferred
Cincinnati Milling Machine Co
10
C I T Financial Corp
No par
Cities Service Co new—
10
20% Mar 14
44
403/e Aug 13
Feb
3
Jan
53
707a Jun
37
Mar
94
93
4
24
105
Dec
210
May 12
7
87% Sep
July
3
22% Mar
27
57 % Dec
170
18
40% Feb 15
19% Jan
4
107
14
Mar 10
21% Dec
27
537a Jan
1
17% Jan / 3
1031/a Mar 11
35
101
18
10
Mar 24
37% Dec
4
3374 Jan
14
Feb
52% Feb
451/8 Mar 14
102% Jan
4%
3
50% Feb
75
18
Mar 14
No par
Common
27% Mar 29
103% Jan
>
32%
32%
109% 109%
*101
102%
23%
32%
32%
1093/4
1093/4
101
102
32%
32%
327a
109
10974
110
1017a
*100
101
2374
2372
24
33%
33%
31%
33 74
33%
*30
32
1172
*11
24%
24
117a
23%
33 %
30%
11 (f
9%
48 ,s
*11%
109% 110
107% 107%
109 74
110
1097a
110
107%
107 74
10774
10774
■6474
6474
33 U
*28%
11 A
8%
47 A
64%
64%
/^102% 102%
31% 32%
105 % 105 /8
*105% 106
81'% 81 a
*101
102%
*2872
8%
83/4
473/8
48 3/8
*1017a
103
31%
32
106 7a
*1053/4
80
*99%
10tf 7a
106
8174
102 7a
210
110
*100
1,200
12,500
8 3/4
48
64
♦1017a
313/4
106
*1053/4
797a
*100
33 7a
*29
,
8%
117a
8%
"
1097a
*1077»
63%.
64
*1017a
103
31%
313/4
*106
106
333/8
5,700
32
11%
9
48%
8074
1,500
3,600
110
6,800
950
10874
190
647a
1,300
103
20
31%
2,500
1 06 7a
480
i074
3,800
110
106
10274
^3°
2,^00
'
48
487a
•
243/4
>
797a
*99 7a
102%
19
20
(1568)
The Commercial and Financial
Chronicle...
NEW
YORK STOCK
Ranee for Previews
Year
Lowest
Range since Jan. 1
Highest
7'/a May
4
17 Va Jun
10% Jan
Lowest
11% Dec
7
19% Mar 24
14 % Dec
6
10
13 y2 Jan
Feb
102
15
7% Jan
29
Dec
12
6
Feb
3
21% Apr
1
45y2 Mar 28
93 y2 Mar 14
104% Feb
13% Dec
31
11% Mar 14
4
75'/a Nov
24
70
4
27% Dec
31
25% Mar 14
19,
Dec
8
25% Apr
22
20% Jan 18
36% Mar 14
23% Mar
Nov
1
24% Dec
_31
21% Mar 29
247/s Jan
25
49% Mar 15
52
>19
48% May 25
44% Mar 5
51 y4 Dec
21% Jan
36
52
Jan
31
Jan
14% Feb
24
50 y# Jan
95% Jan
99 y2 Apr
8
96 Mi Jan
6
71 % Feb
-
24
174'A Jan
48
2
3
185
19 y» Sep
Mar 14
63% Jan
27
98% Jan
25
24
y4 Jan
30% Dec
14
28% Jan
Jan
4
29% Jan
4
35% Oct
15
34
4
64% Nov 23
55
7
Jan
34% Jan
Jan
101'A Jan
4
21% Jan
17% July 20
11
106
13% Nov 10
11% Jan
4% Oct
.
20% Jan
30
Jan
9
6% Jan
Dec
31
9% Jan
35
108
Dec
106 *
•18% Dec 27
11
33% Dec 28
25
Jan
134
Jan
7
39
Jan
11
11 *
94
Dec
116
Feb
6
•35% Feb
Jan
Jan
27
56% Jan
7
43% Jan
16
92
140
6
Jan
7
•
16
5% Mar 11
Aug 20
50% Mar
l
Jan
6
32% Mar
Apr 27
46
Aug 23
96% Apr
1
42% Jan
17
97
93
13
94% Jan
93% Mar 23
Nov 26
Cuneo
$7
-
Mar
2
24
4
46% Mar 22
5%
55
35% Oct
35
Aug
18
July 19
Feb
10
20% Jan
8
27% Jan
101
Jan
33% Jan
33% Jan
7
4
6
Jan
17
Jan
35% Jan
3
65
1
Apr
25% Mar
7%
Feb
7
Mar 23
4% Feb
17
13
Jan
15% Feb
18
22
Feb
32% Jan
3
Jan
39% Dec
3
37
38% Oct
1
1 Dec 13
112
Rio
Escrow
Detroit
1
37 y4 Jan
for
12 y4 Jan
7
28% Mar 24
13% Jan
3
36
30% Apr
1
35
Jan
3
11% Jan
10
9% Mar 18
4
68
11
Feb
2
59% Mar 2
71% Jan 25
26% Aug
10% Jan
9
34% Dec 31
30% Mar 14
36
Feb
18
5
15% Dec 20
13% Mar 22
15% Jan
14% Jan
4
3
18'/2 Sep
33% Feb
2
47%
18% Jan
4
75'% Jan
15
Steel
11% Oct 27
7
Jan
4
104% Jan
11
115% Jan
12
94'% Jan
6
28% Jan
13
45
Jan
6
;cum
4.40%
cum
Dr
Pepper
21
13% Sep
12% Mar 10
12% Jan
170
•
157
Jan
1«
176
1
118
Jan
17
123
101% Nov 24
98% Feb
7
35 y4
Sep
7
33% Jan
3
49
Mar 12
46% Jan
13
Feb
2
48% Jan
la
9
52
63 y8 Oct
5
50% Jan
Dec 22
18% Jan
12
29% Deo
28
40
8
9% Jan
4
14
3
21% Apr
15% Jan
46% Jan
Mar
4
4
24
Dec
24% AUg
9
25% Dec 31
27
39% Dec
10
Jan
19
4
106
Dec
1
13% Feb 23
23% Dec
45% Mar
Nov
24
1 % Jan
4
23
May
11% Mar
23% Jan
4y8 Dec
3
Apr 26
Oct
25
11
41% Jun
4
9% Jun
20% Aug
8
15 y8 Dec
22% Feb
17
26
Jan
92
Jan
22% Jan
7% Jan
16% Jan
66
Jan
l JVC
4
6
19
54
Jan
4
Mar 30
27'% Mar 21
95
Jan
44% Mar
105% Jan
3
7
17
41% Jan
3
5% Feb
10
3% Jan
5
3
23
50
50
15
Mus
95%
*94
95 %
99'/2
*97%
99%
*97%
99 %
20
20%
20%
20%
20%
6,000
20%,
15%
15%
15%
66%
69%
69%
33%
34%
34%
33 '/a
34%
33%
34%
34 %
34%
34%
34%
60%
61%
34%
61
34%
62%
62
64 %
62%
35%
*34%
Co
116
35%
71
3%
35'/a
*71
3%
23%
100
,t.,
''58%,
No par
f
119
117%
35%
73
3%
15%
1"%
'i%
14%
24%
24
Stores
39%
40
35%
35%
'111%
112%
112'
,
112
58%
15%
35%
15%.
15'/4
15%
15 '/4
15
15%
15
12%
12%
15 '/a
12%
1,600
12%
12%
12%
12%
12%
12%
5,500
30%
30%
9,400-
10'/a
1,300
30%
30%
30%
30%
30%
30%
30'/2
30%
10
10%
10
10
10
10'/8
10
10'/a
55%
56%
55
55%
56%
55%
56%
33
33
33
33
32%
33
14%
14%
14%
14%
14
14
14
l<*'/8
14 Va
17%
79'/2
17%
18
1,-zuJ
18
18%
18
18%
76%
38,900
78%
77
79
76 y2
77'/a
23,100
46%
17,600
42%
105
45%
43%
42%
105
106
*69
45%
46%
43 V.
42%
108
107
71
*69
14
46%
42%
Emerson Radio
21 y4
21%
21%
21%
12%
*12%
3,200
12 y2
*12%
12%
*12%
12%
100
10%
11
10%
171%
121%
10%
169
171
121%
121%
Vi
99 Va
99'/a
35 V*
35%
35%
35%
*48 y4
48%
*48%
48%
*52%
53
52
52'%
51%
51%
51%
51%
51'/a
53%
53 7
99 %
99
-
76
11
83
Mar
1
72
Jan
Jan
69% Mar
7
20
5%
Erie
99%
99%
99%
35
35 V*
35
*48%
48 »/2
48%
48%
*47%
48%
10
*52 V*
52%
*52 %
52%
*52 y2
52%
100
51%
*51%
51%
51%
51%
700
1,200
35'%
16,200
54
*53'/2
54
*53%
54
52%
*52%
53
53
53%
*53
53%
*53
14%
14%
53%
14%
14%
15%
15 Va
54 -*
*53%
8
15%
15%
33%
34%
33%
33%
33%
345'a
34
34%
34%
46%
47%
46
46%
44%
46'%
45
45%
44 Va
27%
30%
27%
28%
27%
28%
27%
27%
27%
27%
71%
170
28%
27
72%
71%
170
*170
27 %
25%
72'A
71%
172
*170
27%
72%
172
26%
71 %
7,100
45%
18,600
27%
26 %
72%
19,200
26%
72
172
-
72%
*170
50
11,200
51%
54
51%
53%
52
53
common—1
26%
26%
26%
26%
26
26%
25%
26%
26 %
26%
92%
92%
*92%
94
*92%
s
92%
*92%
93%
.
5,100
14,500
172
533/*
100
320
3,900
35
•
52
*92%
4,800
93 %
30
41%
'
3,900
2.50
41%
100
*103%
1
19%
20%
19%
19%
19
19%
19
19%
19'/a
39
19%
5
common
39%
38%
4,300
39
38%
38 %
38%
38%
38 %
38%
4%
4'/»
11,500
4%
4%
4
31
31%
31%
32%
32
32%
32
32%
19%
31%
19%
32%
19%
19%
19%
19%
19 Va
19%
19 Va
19%
24%
24%
24%
24%
4%
preferred
42%
41
105
*103%
41%
40
105
*103%
4'/a
41
105
41
41%
*103%
Va
'
*50
41 %
105
105
4%
105
4 Va
51%
10
4%
*50
51
28,600
8,400
"
2,100
8,200
%
160
51%
*51%
52
52
52
52
52
51%
45%
46%
51%
600
45 Va
45%
45
45%
45
46%
47'%
21%
48%
4
Co
51
3
Mfg
22%
21%
21,400
22
21%
21%
21%
21%
14%
15
21%
5
14%
3,000
147'a
14%
14%
Xl4%
14%
14%
'26%
27
14%
10
Phonograph
26%
26%
13,500
26%
26%
26%
26%
26%
26%
1,600
25
29%
29%
29%
100
98%
98%
*98%
8.50
26%
27%
26%
26%
11%
11%
29%
99
1
10%
10%
No par
Bldg
22%
22%
22%
22'%
100
82 %
82%
81%
82%
_50
*70%
71%
*70%
-
series
RR
26
*170
20
•
15%
52%
common-
Pittaburah
100%
51%
Co
preferred
8z
1,200
99%
35%
2
Equitable
Office
123
6,100
12,400
■
35 Va
14%
5
5
RR
122%
*
*99%
■
52%
10
3
Erie
122
*53%
—100
_
Jan
23
121%
1
14
24% Feb
10%
170%
10
28% Jan
18
10%
169%
5
2
20 Va Jan
10%
169%
50
23
Equitable
10%
168
50
Corp
40
21%
50
common
9,200
21 Va
50
Gas
8c
43'/4
107
21%
10
21
3
42%
105%
21 Vb
121 %
Feb
Gas
43
108
*l2>/4
121%
10% Feb
Jan
46
42%
1,200
12%
121 %
25% Jan
100
4G'/a
31%
2iy«
No par
Empire District Electric Co
Endlcott Johnson Corp common
4%
preferred
18
70
31%
12%
50
21
45%
*68
32
*105'%
107
25'/a
27% Mar 24
71
31%
21
170
,
1,700
71
50%
16% Feb
55%
*69
24%
33% Feb
55%
800
71
50
3
*10
.2,000
*69
11 Vb
,
260
58%
35%
25 »/8
2nd
112
59
35%
51 %
6
112
59
24%
13% Jan 25
2,100
35%
171%
_
1,000
1,900
35%
59%
*50%
Electric
24%
39 y2
35%
10%
Ind Amer shares
Natural
<
39%
*35%
59
171%
common
conv
24
10,000
35%
,58%
1
25%
Paso
24
Co—
No par
20
7,000
59
15'/a
56%
5,000
14%
23%
51
5%
3,300
35%
72
14%
40'/a
113
-
14%
24
24%
Emerson
35 y4
*69
3%
35%
51
El
2,600
3%
40'/a
50
1
10,200
35%
12%
1
preferred
2
1,800
10,700
35
3%
35%
28
17
16,700
■"
35%
35 %
Wo
.
Inc
38,600
120
119
35%
40 Va
40'/a
53
58% Feb
118%
•
73
3%
Jan
24% Mar
35'/a
*71
3'/a
*112
59
35 V*
Ltd——2
*71
35% •35%
V,
,
113%
2
25
3 5'/a
73
3%
*24v
41
35% '36%
113
35>/4
14%
23%
*40 »/4
_}• f'*\
118
116%
3'/a
15%
15~
2
A
117%
35%
71
l
com
Steel
22,000
21%
X34%
in
48% Apr
65
35%
15
6
64%
10
Storage
3
'
63%
'
'
35 %
No par
Jan
*
35%
116
Battery
Jan
■
15%
RR—
new. 100
Elgin National Watch Co
5%
-
20%
—
10
72%
33 »/a
170
15%
67%
Elliott
Feb
29%
33%
15%
17
25% Jan
28.
*94
25
28% Jan
22% Dec 29
79
Dec 21
74% Feb
$
95%
23
17
96
95%
31% Feb
19
20
*94
22% Feb
39% Jan
4
45
95%
34 % Feb
4
1,200
45%
95
*93 %
6
Co
6,500
45
45%
95%
Mar 14
Electric
30%
29% "30%
46%
95
21%
.
10
100
30%
20%
.
.
1,100
*93%
21 %
Inc
1,400
V
.
13%
65%
.
preferred
Products Co
&
*13
33 Va
4%%
preferred
Elastic Stop Nut Co
Electric
Auto-Lite
(The)
Elec
13%
15%
4 V* %
Ekco
*13
20%
new
r*
r
5%
33%
—_
Kodak Co
Bros
48
96
5%
65%
Manufacturing Co
Edison
29%
*93
5%
*45%
46%
50
preferred
Eaton
47%
96
5%
21%
de
2,300
1,800
'
*93
35%
series
Eastern Stainless
6%
33%
72
21%
West
100,100
137
71'/2
15%
©referred
Eastman
33%
*135 ?
72
35%
Co
preferred
'
33
137%
160
800
22%
63%
D W Q Cigar Corp
31
23% Feb
15y4Jan
July 13
27% Dec 27
14% Dec 29
74% Jan
175
10
9
27% Feb
17
page
Mar
30% Feb
35% Mar 14
„
102
see
11
Mar 14
31
26% July 28
29% May 19
_For footnotes
Mar 14
Jan
Jan
54% Dec 30
35% Jan
14% Jan
18
36
29% Aug 12
52'% Dec
8
49
$3.50
Light
Kftgle-Pinh*?-
-
.1
16,500
•
61
33%
preferred
4.10%
*7%
7
22%
21%
series
Airlines
103% Jan
16% Dec 27
12
48
$4.50
Cnrp
Mar 17
2
29% Dec 31
16
32 '/2
*135
800
112 y2
23%
5%
13%
20'/a
5
Eastern
24% Mar 15
27
6
16% Feb
21%
1,400
33
7%
61
35%
preferred
4.20%
preferred
53 "2 Mar 30
"
300
8%
•
-111%
V
62
47% '1 47%
96
*13%
30
7%
113
61'%'
-
63
8%.
*32
21 %
4%
1
»
11,300
10,800
63
'
32 '
690
18
'7%
7%
50
(E I)
$4.15
4
17%
i
250
4,200
.
17%
17%
-
8%
*112
72
48
-17%
63
*
5,600
43,400
134
65%
No par
Nem
$3.75
18
74
*
7%
8%
32
M
69...
—100
Corp
Eastern
93
9
33
Feb
54% Mar
32%
137'/2
5%
*97%
50c
3
67
11
22% Jan
53
47%
*95
98%
common
2
21% Jan
13
100
53 y4 Mar
72%
20 %
17'/a
Preferred
22%
32%
*135
73
20%
77%
Duquesne
32%
137'/2
98%-
17%
30% Mar 28
45
Jun
7
21%
20%
79%
48% Mar
170
95
1
48 y4 Mar 22
•7%
62
68%
131%
18"
63
8%
32%'
113
98%
46%
Preferred
22%,
.95
*94
15%
64-
7%
•
i
1,700
43% - 44%
17% 118
7%»
6,500
-*105% 105%
130%
:ia
••
300
14%
35%
34%
Common
1
1
30%
14%
69
105%^
130%
>V
.7%
*61%
13%
29%
17
35% Mar
Jan
31%
46%
6
1
3
6
37% Mar
100
35%
•
•* 43%
A3
18%
*112'...
5%
13%
78%
de
.v.
7%.
62 ; <
47%
14
15%
17% -7
8%
T- r*3r%
95
5
Pont
8%
31%'"
5%
No par
6
24
85% Feb
14
100 y8 Apr
2,800
18,000
98
33%
convertible
Duplan
21
130%.«>
*62%
95
No par
«
Sep
27% Oct
Jan
Apr
2%
43'%
30%-
36
105%
u
41%„
: 17%
\ 17%
,7%
.
.
47%
common
Jan
52 Ve Nov
4
;Jan 21
Feb
2%
63
1
10
-
Ltd
35 % Jan
*22
72% Dec 31
172
20% Jan
v
51
71%
5%
20%
preferred—100
Drewrys Limited USA Inc
1
du
Dec
122% Oct
15
4
18%
48
*98
,
54% Dec
37% Feb
C— —100
18
54% Oct 25
53% Not
4
165
f
*135
,
Co
3%%
3
12 y4 Mar
1,600
42%
13%'. 14%'
68
'
>
21%
Industries
Dresser
23
l
4
Mines
Chemical
Feb
3
5%
*96%
30%
357/8
*127%
...
96 %
*13%
14%
42.y2
113 -5- 113
*61
32%
*5%
No par
45 y8 Feb
10'/b Feb
'
95
Co
Dome
7
7
47%
:/■:
7%
»
j*
33
*95
Dixie Cup Co common.
.No par
5% conv preferred series A
50
Dobeckmun Co (The)
1
24% Jan
12% Aug 19
7%
113%
22%.
33
106
8%
31%
95
Corp-Segrams
Corp
Dlvco
Dow
12
10
.
—50C
Douglas Aircraft Co
47% July
51 y4 July
Sep
9% Jan
-21%
.;*I05:%
44
65
4
6i%
-
"
*62%
8%
61%
36
70
'
32%
'112
13%
8
46
Distillers
20% Mar 10
7
8%
7%
*30'a*
69%
17%;:
;
94
common
7
113
30%
*35%
7%
63%
32 y2
'■
14%
18%
45%
preferred
2
6
2%
43%
*96%v 98
35%
132
,
17
.
95%
Diamond T Motor Car Co
Diana Stores Corp
18% Mar 31
17
■>'
.
8
29%
preferred
Diamond Match
$1.50
.■
18%
"63%
fr
49% Feb
Jan
17%,
4
94
class
9iy4 Feb
36% Jan
1
457/a
common
Mar 14
98
8
131
,
1
Mar 15
50% Jan
51
20
Cflfrp
16
30
*30:
6,700
5%
41%'
98
360
26
25%
5%
2%,
42%
*
3,700
-
178
25%
2%
42
*96'%
70%105%;'
43'/2
7
10
Stove
43% Mar 14
41% Dec 29
r
18
■"
105%
44%
134
71%
De Vilblss Co
23% Dec 31
104 y2 Dec
105 y2
t
r 17
20
74
20% Dec 23
131
137%
Edison
Detroit
14%
common—7
common
Detroit-Michigan
28
16% Mar 16
75
105
.43%
Detroit Hillsdale & S W RR Co_lO0
11
63 y4 Feb
52% Jan
;•
'
177
:
*5%f
•
14%
;
'
6
7
14'%
—50C
Raynolds
11
7
30%:-
1
Grande
ctfs
Alkali Co
10
Dec"23
*36
42%
177
25%
30
100
87%
87
Light Co_..13.50
8c
13% Jan
Aug
30%:;
71
Western—
8c
Devoe
34% Jan
11
8c
8c
Diamond
11% Jan 12
2%
30%
'135
Hudson.,
40% Jan 31
47% Jan
Jan
8c
42% Feb 28
114% Jan
2%
98
87%
50
98
*99 '.
20
18
61% Dec
2%
41%
*96%
A— —100
series
35% Mar 23
Mar 30
2%
177
5%
<
;98
100
86%:
25%
5%
59
98'/2
*98%
178
25%
6
43'%
100
preferred
Delaware
28
37% Mar
2% Jan
11
pfd
common
Lack
71
Jan
Co
Power
35% Sep 16
16% July 23
13% Aug 16
57
81
Delaware
122
26'%
5%
59%.,
*97'/2
v
87%
177
177%
26
5%
58%,
98'/2
100
.*98%
86%
96%
1
Inc
Delaware
66
116
26%
2y2
—No par
Co
Records
35 % Mar 28
53% Dec 30
4
3.90%
Rubber
3
33% Jan
23
X87%
x177'/4
5%
100
preferred—
Deere
18
88
89%
177%
59%
*98
100
y2
"26
58%
98
*98 '/2
42'%
Deep Rock Oil Corp_
33% Dec
88
59'/„
98
100
177%
common—2.50
1
101
3
pfd
series
Corp
7
12
Jan
13,700
58%
98%
*98%
96'/8
common—
35 % Feb
12
8% May 17
59 '/2
60%
*98
No par
72 Vb Apr
10% May 10
10% Jun 21
40
1.600
100
Inc
8
30
3% July 21
15% Dec 31
Nov
32%
1
6
18% Jan
Nov 30
8
32%
common
preferred
Denver
68
33
common. 10
—I
23
4
20
11
800
32%
59
5
34
5
62'% July 8
2'% Apr 30
51%
100
45 % Feb
28
28% Jan
50'/a
51%
35%
31% Jan
*
117% Dec
*48%
51%
Preferred
35% Nov 12
12
50'%
51%
33
B_—100
4
55% Jan
*48%
51%
series
4
33% Aug
50'%
51%
33
3.75%
24% Jan
51% Jan
22%
51%
Preferred
32% Jan
Mar
21%
33
4
Decca
1
22'%
51'/2
96 V* Jan
16
7
.
Stores
Dayton
14
21%
33
A__—100
16% Feb
6,600
21%
*48%
51%
series
6
2,600
-
-
33%
3.75%
14% Jan
7,500
•
51%
Preferred
23
18'/a Nov 23
65,900
.
33%
70
Daystrom Inc
Dayton Power 8c Light
22% Feb
Apr
49%
18
17
27
22
96% Jan
17% Jan
20% Dec
21 %
49%
36
Sugar
convertible
26
4
22%
50 VB
A
Dana Corp
19% Jan
12 % Jan
5,700
21%
70% V
Cushman's 80ns Inc 1%
12% May -4
9'/4 Apr 27
33% Jan 11
30
21%
25,300
No par
Cutler-Hammer
98% Mar 29
Dec
44%
36
preferred
preferred
Class
14
57
22
43%
69
non-cum
Curtis-Wright
95% Feb
3
21%
45%
1
preferred
Prior
13
May
22 y8
43'%
*49%
Inc
Press
101% Oct
41
28%
21%
45
Drug Stores Die—2.50
Publishing common
1
Curtis
11
Jun
28%
22
43
Cunningham
3%%
23
5
^28%
21%,
47%
25
preferred
Davega
25% Dec 27
Jan
4% %
Mar 17
4
t%
RR
6% Jan 17
95
"
13% Feb
Jan
■
8
75% Feb
27
Jan
•
23
6
90
28'/a
22%
45%
28%
No par
Cuban-American
23
23 y2 Mar 18
12% Jan
91
28%
21%
48
Cudahy Packing Co common—.—5
'
.7
28%
22%
46j/4
Corp common—5
Zellerbach
convertible
Cuba
1
67% Feb
>
14% Mar 15
11% Jan
37
•
1
4
:
6
135
48% NOT 24
26
28%
22%
—
14
9% Mar
31
136% July 20
64% Deo
8
87 % Jau
Jan
3,400
13'/2
81
—166
—
preferred
.5%
24
Feb
15% Jan
102%
13 '/a
80%
$4.20 preferred
No par
Crucible Steel of Amer common—25
7
35
Feb ID
9% Jan 11
'
59% Mar 14
Aug 17
30% Jan
4% May 18
13y4Jun
8
1
7% Mar 29
6
5
62
»66 •'
■
8% Mar 14
4
7
8% Feb
31% Mar 29
7% Jan
$2
.18% Mar 29
5
54% Jan
-
Feb
101%
13%
81'/2
Wheat Corp .(11m)
2
Cork 8c Seal common.-^.ou
Crown
Mar 23
20% Mar
<
29
2
Dec
9 Ve Aug
4
59
;i
101
13%
'
•
97'%
80'/2
of
Crown
45% Mar 23
136
13% Jan
£0
;j'.
Mar 25
106% Feb
V15% Feb
7% Dec 29
:
,
27% May 14
6% Apr 19
93
26
15 y4 Dec
21
4
-
32% Jan
,
48% Oct 20
7% Jun
104 y4 Jan
100% Jan
4
-
Nov 26
36% Dec 31
•
97'%
\
16% Jan
71
97'%
v
600
4,900
•
1
common
preferred
Cream
4
36% Mar1 7
7
25
Co
3%%
44'%
,
137/8
1
Inc
Crane
8
32% Mar
13% Mar 30
109% Dec 31
4.
97% Feb
44
82'/2
1
Coty
48% Jan 28
43%
12 Va
Coty International Corp_
.
42%
81
—
18
18
6
43%
121/4
Corp
6% Feb
24
42 Va
.
8,600
26,500
83%
160
2% Feb
37% Jan
21'%
12
Refining common-25
7
95% Jan
20%
81
Corp
6
29
20'/2
50
Electric
Jan
99% Mar 30
20
11%
12%
5
series
Petroleum
20 %
19
44%
97%
50
preferred
Cosden
20
/o
-
10%
5
series
Jan
40 y2 Dec
26'/a Mar 22
5%
5
4
-
.12V* Jan
27% Mar 11
20
5
2
4
28 % Jan
.
25
Products
11%
19%
82%
4
1%
10%
19%
28%
Corn
3
Shares
10%
20
*19%
12
Mar 23
182% Jan
10%
the Week
28%
Mar 25
;
Apr. 1
81%
90
16
Friday
Mar. 31
8
100
12
2% Dec
Sales far
Thursday
14
Delaware
Corp
Dublller
20
97
26
9
-
Preferred 6%
Cornell
19%
*■
20%
43%
20
4
91% Jan
11
3
20
98
Jan
23
5 y4 Dec
11
11 </a
19%
45 y2
Corp
pref
20
10%
44%
176% Feb
1
26 '/a Nov
1
3% Mar 16
1 % Jan
Dec
52% Jan
35 Va Jan
Convertible
11%
20
97%
Copper Range Co new
Copperweld Steel Co common
21
6
95 y2 Jan
SALE PRICES
Mar. 30
1
of
Cooper-Bessemer
Mar 28
Jan
Oil
Steel
11
*19%
i.0
Motors
Continental
Continental
15
Mar 21
98'
HIGH
Wednesday
Mar. 29
Machine—1
&
80% Jan
13
Aug 25
91% Nov 30
Tuesday
Mar. 28
Corning Glass Works common
5
3% %
preferred
100
Cum pfd 3%% series of 1947-100
102
5
•
Monday
Par
Insurance
Continental
8
83% Mar 28
32
7
Dec
Foundry
Continental
30% Feb
54
4
Continental
15
Jan
4
STOCK
Continental Cop & Steel Ind com_2
5% convertible preterred
25
Continental
Diamond
Fibre
5
7
15% Jan
52
YORK
EXCHANGE
21% Jan
42% Mar 30
72
RECORD
LOW AND
'
lO'/e Mar 14
6
Dec
NEW
Highest
22
22
EXCHANGE STOCK
STOCKS
1954
Monday, April 4, 1955
A
Co
29%
.
*98 %
26 %
*11
29%
29%
29%
99
99
25%
26%
11 %
11
11
21%
22%
80%
81%
*70%
72
22
22'/a
81
81
*70%
72
-
29%
99
26%
"
72
21%
*99
-
25%
*10%
29%
1,500
93 %
-
60
26 %
11V*
9,500
'
500
22
22%
17,400
82
82 %
1,200
*70 %
72
•T.
Number 5417... The Commercial and Financial Chronicle
Volume 181
(1569)
NEW YORK STOCK EXCHANGE STOCK RECORD
B»K« far Previous
-
Year
Uwest
STOCKS
1954
Range since Jam.
Highest
11% Jan
Lowest
NEW
1
4
26% Dec
27
23% Jan
6
42% Mar 23
Evans
12% Feb 16
49 % Jan
4
14% Dec
29
13% Jan
6
15% Mar 24
Eversharp
81% Dec
31
20% Nov
1
9% Jan
11
13% May
27% Jim
Mar 25
2
2% Dec 31
26
Jan
50
1% Apr
79
Mar 16
53% Mar 29
.
31
15% Feb
17% Jan
5
25% Dec
29
11
72
17% Mar
7
Falstaff
7
22% Mar 14
25
Feb
4
70
73
Feb
15
5%
34
Feb
18
6% Feb
15
30% Dec
16
3% Apr
8
10% Oct 13
6
Aug 16
16% Apr
8
64% Apr
5
11% Mar 14
13% Jan
52
9
57'
Jan
4
5%
56% Apr
47% Jan
7
50
Jan
3
19
34% Dec
38% Jan
4
58
8 % Jan
4
25
5% Mar 14
16
19% Dec
Mar 16
26 % Jan
8
16% Dee 21
Mar
32 y. Jan
4
15
27
Dec
18
41 % Dec
13
17% Jan
40% Jan
59 V* Feb
28% Jan
103
Jan
4
188
:
8
4-
Oct 15
•'i 62 % Nov
38% Jan
6
38% Jan
'2%
2%
*2%
26%
27%
13
18 %
16 V4
17%
16%
16%
23%
23%
Morse
Nov
4
100% Dec
>1
38% Dec
13
-
V
9
Jan
4
4
Mar
108
Jan
59.
conv
3
.
10
&
12% Dec 10
76% Her-12
3
4
„
,
26% Jan
44 y2 Mar
5
99
Jan
13
25
.
102
Feb
28
97 % Jan
12
32% Jan
17
% Jan
7
8
»
101
Stove
Power
Power
Food
Fair
$4.20
Food
11% Mar 14.
13% Mar
79
6
Jan
18
38% Dee 29
34% Mar 14
4
92
88% Mar 30
91% Jan
29
7% Aug
2
5% Mar 15
Jan
4
31% Dec
31
26 V* Mar 14
6% Jan
4
10
Dec
31
34% Jan
6
43
Dec
14
Jan
13
22% Jan
4
7
24% Jan
7
12
May
7
22
20% Jan
103
Jan
4
38
Jan
6% Dec
33
17
4
6% Mar
7
Gabriel
Galr
18
48'A Mar
7
Feb
11
35 y, Mar 14
44% Apr
1
46% Feb
25
6
18
5% Jan
5
30% Jan
6
Dec
2
37% Nov
17
32
31
10
26% Mar 15
Mar 14
39
9% Mar
45
5%
Gamewell
Garrett
Gar
Mar
4%%
General
105% Jan
3
107 y2 Mar
65% Nov 24
57 y« Jan
28
64 % Mar
11
10
135% Aug
Jan
4
11% Jan
21
3
148% Feb
Jan
3
18% Jan
4
33% Dec
9
29% Jan
7
36% Feb 23
10% Jan
4
18% Dec
10
15
6
22
Feb
88
Jan
Feb
4
139
Jan
147% Mar
89
Dec
27
83% Mar 18
49
Dec
31
45 % Jan
4
29
Dec
29
24% Mar 15
15
Xl31
Dec
29
131
Jan
3
3
19
Dec
1
18
Jan
6
21% Mar
7
General
15
Dec
1
14 y. Jan
5
17
Mar
7
6%
48% Feb
9
80
Mar 29
48% Jun 25
46% Jan
3
55% Feb
122
Jan
15% Nov
18
4%
1st
55% Feb
16
4%
conv
28
19
General
136
Jan
5
Mar 11
V
7%
^an-^8
37% May 17
9% Jan
5
56% Feb
4
94
Jan
8
8% Oct
25
12% Dec 28
10
60% Jan
5
78% Nov 22
119
14% Nov 24
13% Jan
8
80% July 22
75
101
Mar
Jan
4
26
146% Dec
4
98% Dec
31
118% Jan
124% Mar
81% Mar 17
1
98 % Mar 31
Feb
10
6
120
3
Mar
136% Feb
13
Feb
7
122% Jan
11
3
138
Jan
12
107% Jan
3
89% Mar 14
24
127
8
101
7
52% Nov 24
3
Jan
99 y4 Mar
29% Jan
126% Oct 29
4
102% Sep 28
11
122 y2 Feb
2nd
Jan
4
57% Jan
4
3% Jan
4
28% Jan
18
25 % Mar 26
100
Jan
18
100
Nov
9
preferred
preferred
34% Aug 19
44
107.
Dec
39% Jan
6
105% Mar
3
27
Aug 16
Portland
Precision
.,
Mar 28
10%
10%
430
98%
:
*98%
99
70
49
104,100
107/a
11'%
98'%
47%
50
10%
-
10%
'
4,100
'
12%
12%
74%
75%
16%
*15%-
16%,
37%
36%-
89 ya
89
12%
12%
*
74%
12%
12'%
1,400
73%
12%
12'A
73%
3,700
74%
-74
75
*15%
16%
16
16
36%
36 %
36%
36%
36%
36%
36%
89
88 %
89
88%
89
89
89
..lb
x34
47'%
12,400
109%
6% *
*47
9
16
tiUO
II,300
1,700
6'A
5,000
27%
9,u00
9%
9%
3,500
♦46'%
47'%
200
34'%
47
6'%
21V,
:
%
34%
4,700
4
"
33%
33%
34
34
34%
42 Vi»
43%
43%
44
43%
4.J%
43%
44
4::%
44%
42%
42 %
42
42%
41%
42%
41%
42%
42'A
42%
1
7%
7%
7%
7%
6 '/a
7%
*37%
com__
7%
35
(
7'Va.
50
35
35'
37
37'/4
38 v2
1.66%
35
35%
35
35%
36
35%
35
35'%
27%
27%
27%
28
27%
28
27%
1
28
35%
107
2.50
62
11
11%
1,800
38
35
35'A
27%
;
.,«vj
28
ll.uOO
2,400
*106%
107%
*106'%
107'%
*106'%
107'%
110
61%
62%
60%
61%
61'%
61%
14,400
11%
11
11
11
llV'a
11
11'/a
3,700
107'/a
61 '/8
•
*37'%
38
n
3,600
1
"/■*
62
*106 %
,
62
5
V11
200
143%
143 '/a
143%
*143%
5
32%
32%
32%
32'A
32
32'A
31%
317/«
31%
31%
2,100
No par
com
21 %
21%
21 %
21%
20%
21%
20'/4
20%
20%
21%
19,600
86%
87
87'%
87'%
*87'%
53
*51%
100
10
new_3
com
L
5
*85%
Outdoor
134
Public
4
General
15%.
72%
75%
76
50%
51
49 %
b%
*135
136 %
53%
800
25%
25%
1,900
133%
136
*135
70
135
-19%
19%
19%
19%
19'%
19%
19'%
2,000
:15 %
15%
15%
15'A
15'A
15'A
15%
1,100
80
75%
80
75%
..'79
76
77%
237,600
50%
49%
50%
49'%
50
49%
51'%
87,400
2,300
17
*16%
16%
16%
16%
17%
16%
16%
16%
16%
80%
81%
81
81%
81
81%
81
81'A
98 %
97'A
97'A
*96
98 %
98'%
98'%
98'%
98'%
500
*96
•
i 81
81
'A
4,300
H%
11'%
12%
12
12 V,
28,b00
68%
60%
69
63
68%
68'A
68
68%
68 V,
68'/4
2,400
120%
*135
120%
120%
115
120%
145
31
;
12 4 %
125
100 %
100
100
31
31
120%
120%
14a
*135
94%
93%
124%
124%
100
*135
95%
94%
No par
93 %
92 JA
137'A
*1.5
95'A
93%
93%
500
121
120'A
120%
145
92%
56,900
124 %
124%
124%
124%
1,400
99 %
99 %
9.;%
*;t9%
100
1,000
31
31'/a
31'A
31%
31%
1,100
124
xl24
>.
31%
120%
*135
x99%
31
___1
43%
50%
49%
50
4
% '
49%
49
4J '%
49'A
49'%
9,100
1
62%
64 %
62%
63%
62%'
64%
63'A
63 %
63%
63%
7,500
10c
.
Utilities
136
52'%
25%
11
Co
Service
Corp__
5
127
*120
127
5
4%
5%'
34%
34%
34%
com.No par
44%
106%
106%
44
44%
100
—i
preferred
i93/«
iuV •
ilO
89
53
25%
25%
25%
11'A
Corp—
Railway Signal
7
:
;.v.
la %
-
*51
11
preferred-No pat
48% Mar
t',,'136v
?.
25%
19% .19%
No par
Cement
$2.90 convertible
*{>25%
15'%;-
No par
series
General
54%
.
145.
-144'%
145
No par
Advertising
General Public
67
54
54
'25%, ,26%
143%
11%
100
1
'85%
87
54
'
143 %
11%
common—.5
Eqp
143%
._1
preferred—_ 100
7
106% Feb
48
12y»
*47
110
50'%
109'%
"
47 v4
.
33%
common
Mar
5% Mar
44%
11%
.
47
—
General
36
99
43
iiya
•>
10. iVa
'
*98%
41%
•.
5,200
Vie
50
49%
108
7,800
47'A
100
*98%
;
47%
No par
$3.75
General
127
'98%--
50%
109 %
3,800
3,200
63'%
'■■'.< 47'A
100
47%
—.
1
3
49%
75
105%
Corp
16
13
98%
100
20%
.43%
47'%
46%
47%
100
*108 %
; 50%
vioe%
16%
100
convertible
57% Feb
Mar 17
50
•108
47%
•98%
47%
50
Instrument Corp
Mills
common
65% Mar
Jan
99
;
43 'A
63%
>
6%
preferred
5
4 % Jan
47%
99
1,600
5,200
•
20%
••
27 V*
Co
14
33
47
50
9%
•loa.y* ; 185
63%
9%
100
Jan
100
44
y 63'A
5,800
44%
9L%
i -43%-
20%
43%
63 %
6%
preferred
44% Jan
17
4% Dec
20
43%
63%
27'/a
preferred
50
Inc com__No par
33'A Feb
e
21
43 %
63%
9%
Co
General Motors
$5
20%
.43%
63'%
6%
preferred
Preferred
20%
43%
27%
General Finance Corp (Delaware) _1
Foods Corp com
No par
General
r
9%
Corp
43 % Mar 14
25
33% Dec
•/
v
2,000
55
'"•y
44%
104 V2-
6%
General
bit
.
.43%
•103'A
27 Vs
Dynamics Corp
3%%
10
44%
104%
9%
Corp__
Electric
General
-10
43%
*103'A
6,400
106'%
54%
•?
44%
20%
■
58%
.106%
.-
54%
«/54%
104 %
11%
-58'%
2
General
1
r
10
10.
107
107
54%
44%
51
5,400
4,200
36%
<
58%
•
27:%
Inc
General
General
X57-Va-
36%:
36%
9%
Contract Corp common—_2
$3.50
r;
107 %
54
10
•
»
36%
6%
preferred
23
75% Mar
29
4
Jan
22% Jan
95
8
66% Jan
10
58% Jan
17% Mar 25
Jan
94% Feb
8
123% Feb
16
59%
<
■
*102%
108%
Investors com__l
Corp
Cigar
series
58
107%
89%
"
11
9%
5
37%
No par
Cable
2
55%
v:
3,o00r.
34%
114
5
Co
Bronze
9
■
107%
55%
,
2,200
11%
34%
lii'/a
27'A
$8 preferred
General
17% May
36%
,
*•107%
*
7,800
11,700
58
11 'A.
.
'
111
107
'
9%
Transportation
General
30% Mar
37
107
6%
preferred
Baking
11%.
11%
14'%
57'4
■■
2,900
35%
13%.
-35%
-
•
»
27%
preferred
Container
General
58
s/34%,- 34%
35
107
-
59%
■
35%
'• 57,y4
..
11 %
11%
-34V4>
14 y.
35%
•
100
36%
36%
■
107
36%
*
13%
-.57%
9%
(The).
Amer
3
16
12 >A
34% .*■35%.
..." 106%
.
14
35%;.:
57 %
48
No par
Industries
General
13%
35%
6%
Co
American
$4.50
14%
-36
56% ,57%
52
1
36%
36%
6,600
11%
52
*♦46%
i
.
27%
preferred
convertible
Gaylord
;
36%
36%
I,700
11%
•-
12,200
6
57%
■
.
5
common—
(The)
Corp
Wood
11%
100
74
30%
30
*
1
Inc
Gardner-Denver
28% Mar
107% Aug 27
Co
11%
*68
48
101
-
11%
74
54
14
47%
*99
*68
common__l
(Robert)
convertible
35% Jan
13
6
Inc
2,300
*46%
37
1
common,
23%
•50
12%
100
Gamble-Skogmo
32 y* Jan
Co
23 »A
11%;
74%.
...
23%
48
21 %
:.99-
1
23%
51
43
11
.1
23%
*46%
x35%
..
.43
(The)
1
3
35% Jan
Jan
Co
31% Mar
Co
'
98%
lo
preferred
10% Jan
18
9% Oct 25
71
4%
11%
36% ;; 36%
*63%
41%
3,
9,300
23%
*50
,
44%
-
10
Co
16'%
48
9%
44%-
108
16'A
54
55%
63 Vn
No par
Corp
Freeport Sulphur
Froedtert Corp
Freuhauf Trailer
10
107%
100
Co
Stores
25
27
Dec
4
11%
,.
107 'A
.100
preferred
16'%
*46%
co
21
-
16
*50
•
"
41% Jan
"41% Aug 23
3% Apr
Feb
16% Mar 23
Franklin
"
37%/
50
Corp
Sugar
Jan
9 ;
4$% Dec 21
Dec
•
•i
;
10
5,700
16%..
5%
35 %
46%
pfd ser of *51—15
52,600
16%
"
30%
U
/'> 42%
1
common..
preferred
Francisco
•
34,300
18%
16'%
19
5%
; 107'%
9%
-
•
29'/a
18'%
17%
"
29%
**102%' 104 %
_J
Inc
cum
Foster-Wheeler
,
4
39% Mar
69% Jan
-
Co
convertible
3%%
Mlar3l
11% Apr -.1
5
5
29%
5,300
17
17%
5%
55 >A
Corp.
17%
dc Light Co__No par.
Stores
dhr
*
No par
Machinery & Chem Corp
3V*%
99% Jan
50'
Carpet Co
(The) common
1
Florida
i
—loo
28%
28'%
7,700
•
•
30%
36%
59%
__No par
2'%
70%
u>.
37
*2%
5%
34%
.,
2%
4,400
2,600
29%
\Wi>:
107
6.25
-
Stores—
preferred
Florida
-
■
com
51%
70%
58
l
preferred
Florence
4
Jan
Jan
25 % Jan
l
Co
14
36%
l
51 y4
5%
36%
36%
Y__10
51%
31%
48 .!
____5
Ins N
15
71
54
5
;
Fire
15
5%
12
1
Mfg C0.2.
National
$4
52% Jan
109% Jan
14 -
Deo
11%
.
23%
15%
102'%
30%
*50
5
Stores common
Com
Flint kole
12
50 V* Jan
68 4
25
Co
Board Co Inc
Dept
Firth 4The)
64% Mar
15% Nov 19
38
Electric
15%
*70
*46%
5
17%
16 %
14%
Shares
40%
101 %
17%
17%
,
39%
29%
17%'
17%
23%
w
26%
18 %
16 Vis
,
26%
17%
the Week
40%
2%
17%
.
*2%
26
,
2%
39
5%
50
Corp
*2Va
40%
30%
50
1953 series
53
72
•
5%
1
pfd ser A
pfd
Tarrant
4%%-
First
17
7
23
cum
conv
Firestone Tire 6c Rubber
10% Jan
4
4% Nor 15
B,
30
Filtrol
103% Feb.»7
Jan
19
1
common
series
Ferro Corp
Fidelity- Phoenix
24
6
46% Jan
9% Dec 21
~
1
*70
Felt
Jan
23% Jan
11
Corp
2
Paper
,46% Feb
6
18
43% Mar 15
9
.4
45% Jan
20
5
"
'•f
No par
50
Federal
62% Feb
18% Mar 11
13
Jan
Mar 22
Co
Corp
preferred
Federated
4
55% Jan
29
6% Jan
10
&
.2.50
Co
10
23
35 % Jan
53% Dec 22
113
Mar
102
48% Sep 23
101% Nov
5
12
IB
51%
24
Apr-K 1-
40u
-
9% Mar 14.
57% Nov 22
93% Jan
18
53.
42% Dee 22
Aug
18
Jan
105% Jan
23
28% Jan
94% Jan
53%
Pacific
35% Feb
:
114
35% Jan
104% Dec
3
21 % Apr 23
38% Sep 28
88% Jan
51
,_-L
Corp_
t
10% Oct 21
98% Jan-- 7
16% Her
37% Jan
53%
Federal
13% Feb
6
6
54».
35
53 %
Federal-Mogul
4
9% Feb
10
.
25% Ja*
51%
issued"
Buffet
Metallurgical Corp
Corp
Feddera-Qulgan Corp common
3
i
38% Feb
52% Jan 25
:
-
105%
Farwick
13% Mar 14
110% Dec 2*
12
7% Mar
101
Fansteel
34% Mar 14 *
104% 6e» 24
49% Feb 17
106%
_
10% Apr 30
32% Dee 29
14% Jan
105%
Brewing
5%%
13
43% Oet 14
Feb
105%
Finance
20% Jua 29
76
103%
Sugar
Family
6
20% Jan
15%
3
Engine & Airplane Corp_l
Fajardo
Dec
Jan
15
Fairchild
16% Dec
23
38%
15%
Fairbanks
19
48% Oct
40
15 y«
29% Mar 31
52% Jan
,
381/4
21% Feb
Apr
Apr. 1
15%
6
7
Friday
Mar. 3i
39%
Exchange
17% Mar 29
Thursday
Mar. 30
15%
6'
Mar 15
Sales far
Wednesday
38 %
15% Jan
15
Mar. 29
1
"when
New
„
19
Co
Tuesday
Mar. 28
5
24 y. Jan
27
Monday
sPar
Inc
1
18% Jan
LOW AND HIGH SALE PRICES
STOCK
Corp
Ex-Cello
107% Feb 14
2% Jan
Products
18% Aug 11
4
15
3
YORK
EXCHANGE
Highest
"
*106
135
*120
35%
45
i07%
' "T20->/4
4%
5
35%
35%
45 %
45 .1'
*106
r
4%
/107%
5
4u%
4 »72
107 */»
*106
200
14,300
35'A
35%
35'/a
135
4%. .11 5
*120
135
*125
5
,■35%
*46
<
4b
-,-i
9,000
1,900
107 5/a
*iod
10
17%
2,900
"■
'?■
12% Jan
4
15% Sep
9
14% Jan
6
17% Mar 24
20% Apr
28
30% Dec
31
26% Jan
6
33% Mar
41
12
53% Dec
13
49% Jan
26
37% May 21
34% Jan
6
Jan
32% Oct 22
25% Jan
7
43% Dec
Jan
28
100% Apr
4
47% Dec
75% Jan
4
96
72% Feb
16
99
13
General
Time
3
General Tire
39% Jan
18
58%
Jan"
98
Jan
4%%
Dec
8
93
Mar 14
27
82
Jan
7
16
Feb
17
13 % Jan
4
21
Dec
31
Jan
18
24% Mar
Jan
8
90% Nov 29
90% Jan
17
96.% Mar 30
28% Jan
4
42% Dec
6
38% Jan
6
8
Dec
Nov
S
26% July 30
6
54% Dec
22
50% Jan
18
21
7
Dec
31
1
42
Dec
31
4
4
Jan
12
31% Apr
28
7
Feb
59% Jan
28
1% Jan
Jan
168
20
Dec
29% July
27% Jan
9
7
26
64% Dec
4% Apr
52
8
Jan
7% Feb
160«
-
6
27
41% Mar 14
47% Dec 29
2% Nov
Jan
34% Mar 14
29
2
•13% Sep 24
50% Dec 27
Jan
3
1
44% Mar
17% Jan
30
162
43
Corp common.No par i
100
Rubber
com—2.50
22Vi Feb
bovit xuur
pi 1/,
2
11
.
2
16
1
?e;
7% Jan
42% Jan
49 % Jan
3% Mar
12% Jan
5
17% Apr
50% Jan
6
60
Jan
Brothers
$4.50
Co
Goebel
Gold
Stock
Co
Goodyear Tire
Gotham
3
R)
95 '/2
87
26%'
28%
27%
28%
70%
70%
69%
70%
24 %
24%
23%
24%
96 %
96 %
96'%
41%
40%
41%
40%
8
8
163
20
19%
19%
63%
65%
63%
62%
63 %
5
59%
61
6%
35%
1
44%
8'/a
14% Jun
29
26
Dec
31
22% Jan
6
5
138
Dec
31
126% Jan
18
33
Apr
94% Jan
7% Mar
19
8
2
29
Jan
4
17
Jan
4
54
Jan
11
27
40% Aug 18
100
Mar
10% Dec
36% Dec
21% Dec
29% Mar
154
1
Mar
1
39% Mar
3
35
Jan
4
93
Mar 21
97y2Jan
6
13
9
Mar 14
10% Jan
11
6
Granite
5%%
Grant
City
Steel
(W T)
3%%
I,400
64'/4
7,900
58%
57%
58
6%
35^4
3 >/a
2%
15%
15%
57
57 y4
'-'7%
27
34% Jan
5
37
Feb
15
3
28% Feb
18
Gt Northern
74
Feb
2
38% Dec
29
35% Jan
18
42% Mar
7
Great Northern
4
22
Dec
31
20 % Mar 22
24% Feb
9
Great
131% Jan
4
154
Oct
27
143
Mar 16
148% Jan
24
78% Aug 17
69
73
28
Apr
9
Jun
18
33% Feb
1
20% Jan
8
31 % Dec
17
For
Feb
23
75
Feb
Feb
11
1
1%
Green
Western
Ry Co
Bay &,
30% Mar 14
34% Jan
18
Green
30% Jan
14
Greenfield
(H
25
Sugar com—No par
preferred
26% Mar 15
'
No par
No par
29
9
84
9%
No par
Jun
Dec
*93%
1
Iron Ore Prop
Great Northern Paper Co
17% Jan
80
com
35%
100
21% Jan
—:
Western RR
*35
25%
*80
40%
21
100
144%
100
*73
27%
35%
95
95%
95%
35
17%
29,200
57'%
6,300
18,100
35'A
35%
400
4,100
9o %
35
40
9%
*94
2,600
35
20
*35
35%
26
26 Va
2 6'/a
26%
81%
80
80
78
78
400
41
28,590
*144
31%
32 %
31%
27%
26%
-ft
21%
21%
1 '5'%
145%
32
,
27
Ya
3,300
6,400
70
78
*73
78
*73
78
40'%
21%
146'%
21%
21%
'a
41
40'/a
40%
144%
27%
Inc
112,800
35%
-1
Co
400
3
149
9%
9%
9%
foofn^-i-
35%
3o%
1,800
II,900
•27%
*142
145
145
145
Tap & Die Corp__No par
L)
2%
14%
27 Vn
15,500
44
56'%
-/a
6%
35%
43
44
43
6%
*35
14
144
100
19%
62'%
58
5
preferred
17
163
19%
64'%
13 %
100
Co common
17
♦161
63
57%
12.50
common
Grayson-Robinson Stores
$2.25
conv
preferred
6,300
5
preferred
cum
8 Vs
10
P_.
400
5,100
8
20
*19%
2%
(The)
26,500
41'%
*6'A
44%
2%
24%
97
41
163
*161
'
86% Jan
24'%
*95
4,900
41'A
*35%
6%
36
No par
«fc Co
Graham-Paige Motors
Granby Consol M S &
33,300
70
57%
20%
4
"lO
27 %
69'%;
•
20%
No par
Inc
86'%
27%
97
8
8'%
163
96
*85
24'%
*35'%
42
164
I,<00
14,700
*94'A
70'A
23%
93%
8%
va
56
28
69%
164
38
103
53
86'%
70%
8
1
*100
95 %
26%
*159
4,000
2.200
20,000
52
*85
1
_100
t! 31 V*
5 t:y4
57'/4
37
*94
♦85
10
Batteries
Co
•94
87
10
Grace
Grand Union
95 y2
86%
41%
F)
3
1
%
:
43'/a.; 43%
103
50%
52%
2/%
1
5
24
36'%
*100
53%
93%
Inc
Hosiery
(W
52%
*31
■
♦54
43 a,a
30%
23%
Co
Gould-National
37%
103
31
54%
43
10
& Rubber
3
44%
17'A
*54
95 %
52%
51%
54
—5
Telegraph Co
<B
*36%
*100
v
No par
1
Goodall-Sanford
Goodrich
.
(The)__^__
Brewing
&
Co
common
preferred
Glidden
38
103
17%
31%
f
1
Georgia-Pacific Plywood
Gillette (The) Co
Gimbel
38
103
37%
*100
86
29% Feb
26
44%
*94
67% Mar 14
26
43
100
24% Mar 14
9% May 3
60
Dec 14
41%
_100
8
6% Feb
53%
preferred
3
137% Apr
31
preferred
76% Dec
17%':
31%
56%
3%%
30% Dec
>17%
57
4Va%
4
17%'
31%
56%
20
Corp
preferred
<fc
17%
31
1
13
11
20
10
86% Mar 28
Jan
80
lOo
Corp
3
18
84% Oct
& Utilities
Refractories
General Shoe
Telephone
10% Jan
46
General
General
Jan
35
General Realty
44% Mar 29
45% Jan
31
2
28
12
29% Jan
59% Feb
17%
17%
a
32 Vi
II,100
26%
26%
1,700
317
21
I
The Commercial and Financial Chronicle
NEW
YORK STOCK
Range for Previous
I
Range
22% Jan
11
4% Jan
4
14 % Mar
97
since
Jan.
Lowest
Highest
11% May 21
90% Jan
7
RECORD
STOCKS
Year 1954
Lowest
EXCHANGE STOCK
13% Jan
4
39% Aug 11
5% Dec 22
16% Mar
2
97% Mar
1
4%%
45% Feb
2
Grumman
1
Guantanamo
5% Jan
7 Va Apr
6
26% Mar 29
39% Dec 29
35% Jan
[' 6
44% Feb
23
68% Jan
4
91
Dec
9
90
Jan
6
93% Feb
14
45% Jan
4S
67% Dec
29
preferred
Monday
,
Par
Tuesday
Mar. 28
Greyhound Corp (The) common—3
6
35% Mar 14
STOCK
HIGH
AND
LOW
EXCHANGE
Mar 30
94
Sep 20
NEW YORK
1
Highest
SALE PRICES
Aircraft Corp
Thursday
Mar. 30
Mar. 31
14%
15
14%
15
I434
15
*95%
96
'95%
96
94
95%
*95%
1
37%
38%
37%
37%
37%
37%
36%
1
6%
7%
6%
7 Va
6%
I,
Sugar
Sales for
Wednesday
Mar. 29
100
—-.
Monday, April 4, 1955
...
14%
7
Friday
Apr
14%
14%
37%
7
Shares
15
96
36%
.
21,200
60
26% Jan
29
Gulf Mobile & Ohio RR com_No par
$5 preferred
No par
72% Mar 28
40%
41%
40%
41
40%
391/4
40%
39%
91%
93 %
92%
9^'4
*92%
93%
Oil
92%
93 'A
Gulf
*92%
721#
70%
71
69
70%
70%
States
69'A
69 7 a
Corp
25
Utilities
40
va
34% July 30
106% July 28
31
Jan
103
Feb
1
103% Jan
19
$4.20 dividend preferred
flOO
*102
103
104
♦102
103%
110
105% Feb
4
108
Jan
3
$4.40 dividend preferred
100
108
108
*107%
109
106% Feb
3
$4.44 dividend preferred
100
*105
105 %
♦105
105%
105
Jan
5
15
Oct
4
106% Mar 26
18
105 % Mar 22
Common
35% Mar 10
69
40
Co-
100% May 26
May
10,100
93%
70
Gulf
61% Mar 14
18,500
37%
7V2
6%
1.
,
the Week
1
*95%
96
6%
.
No par
34%-"34%
34
34
6,900
♦24
34%
*102
103 %
*102
103%
*102
*107%
109
*107 Va
109
105%
*105
105%
*105
900
30,900
103V2
108
fN
106 V2
108
*105
34
34
34%
33%
,
3,900
.
60
H
35
Jan
27
29% Feb
17% Jan
13
12% Mar
v
2
2
63% Jan
5
12% Jan
4
46% Aug 17
62% Nov 24
43
51% Mar, 14
59% Feb
14
Halliburton Oil Well
20 % Apr
21
Dec
19% Jan
22Va Feb
23"
Hall
30
Jan
29
20
86
6
Jan
86% Dec 31
25% Nov 24
11
3
25% Feb
100% Feb
4
5
29% Mar 25,
107% Feb
1;
131
142
135
5% Jan
32
Jan
19
Nov
Jan
38
23
6
44% Mar
14
Hat
Jan
20
17
6
7V8 Jan
6
8% Mar
22
6
21% Jun 30
24"% Mar
89
May 21
41% Nov 17
84'/a Jan
39% Jan
Feb
5
13% Mar 12
Jan
6
121% Feb
2
38% Jun
16
52
May 26
14% Jan
26
26% Jan
11
14% Jan
11
68
20% Oct
101
Dec
126% Oct
50
24
3
98% Mar 29
2.
Jan
25% Jan
5
33% Jan
56% Jan
4
52
Oct
113
26
125% Jan
5
85
Dec
27
6
85% Jan
12
'
'
12% Nov 23
33
Jan
29 % Dec
7
9
84% Jan
6
94% Jan
4
101
Feb
17
28% Jan
11
64% Jan
8
15% Jan
11% Jan
6
1
4
Nov 22
4% Nov 22 1
38% Jan
4
13% Jan 14
2% Nov
10
18% Dec 15
44
Jan
43% Jun
40
Jan
4
9
12
48% May 21
60
May 25
103
105
5
92 % Feb
2
34% Jan
6
42% Mar
7
10% Mar 14
12 Vs Jan
31% Jan
3
7
Feb
3
19% Feb
7
29% Feb
9
41
Mar 14
15
Jan
5
101
25
Jan
12
13% Jan
18
34% Jan
27
28
18
4
Mar 14
91% Jan
28
102% Mar
41% Dec 31
112% Dec 23
19% Dec 31
Mar 10
8
40% Jan
27
103
15% Mar
38
30% Jan
Jan
14
6
105% Feb
47
7
6
21% Feb
21'/a Apr
3% Feb
117% Mar 30
10% July 27
55% Dec 21
53 Va Jan
'6
62% Feb
22 % Jan
11
25% Feb
3% Feb
3
6
9% Feb
17
3
21% Oct 11
Jan
19% Jan
3
10
24
53 Va Jan
27
Jan
6
65% Feb
52
49 % Mar
8
507/8 Feb
53% Nov 10
52
Mar
1
53 % Mar
,1
57
52
13
55
53
10
51
Jan
17
53
39
52
22% Dec 28
217/a Jan
6
26'
37% Jan
7
96 Va Jan
19
19% Jan
18
21% Dec 29
375
Nov
16
349
38
Dec
1% Jan
Jan
13
7
1
17% Dec 31
88% Dec 31
106 % May 19
12% Dec
38
44% Nov
11
4
29
4
29 % Apr
70
Nov
166
15
1
3% Mar 16
64
4
Mar 14
9 Va Mar 13
69
73
4
Mar 14
Jan
42% Jan
6
6
Dec
1
60
Jan
5
36% Oct
26% Dec
21
35
Jan
28
6
23% Jan
6
108
70% Mar
23% Apr
39 % Feb
34
8
25
Jan
34% Mar 15
34% Dec 22
38% Jan
32 Va Jan
6
3
14% Feb
14
Aug 17
39
Dec
29
34% July 21
29% Aug
5
29% Jan
24% Jan
14
112
May 12
Aug 13
4% Feb
19
19
Jan
6
20% Jan
21
86% Jan
8
35% Apr
22
89
Jun 18
61% Mar 31
69% May
7
23% Dec
7
123
Nov lg
8Vs Dec
34
55
Oct
Nov
78
Nov
24
6
32»% Mar 14
91'% Jan
23
Apr 14
91% Nov 12
3
6% Mir 14
27% Jan
7
45
23
65.
,
Mar
9% Jan
4
14
3:
103% Mar 16
Feb
11
Mar 15
37% Dec
76% Jan
31
3
4
32% Mar 14
100% Dec
38% Jan
31
3
31% Jun
98
9
48% Dec
22
41% Mar 15
cee
pflfe
28.
7%
7%
7%
7%
*7%
Jan
13
48% Feb
9
21 Va
21%
21
21%
30%
30
30%
30 %
30%
*30
43%
44%
42%
43
42
43%
43
43%
43
44
9,900
79
80
80
80
80%
80 Va
79 Va
80
80
80 Va
2,500
33
33
104
*103
34%
lOz %
14
33%
X28%
x96
29%
*103
43%
13 '/a
13%
35%
*35%
35%
*35 %
33
29
2 8'/a
39 Va
4,700
39%
104
*103
104
*103%
104
43 %
44%
44
113
29%
43%
43%
43%
114%
114%
1H-,a
19Va
19 Va
19 Va
19 Va
200
19 %
20%
20%
21V2
64,300
2%
2%
2%
2%
3,100
*9%
9 Va
59%
2%
2%
2%
2%
2%
9%
zu
58
*23
*8%
9 %
2%
9 Va
*8Va
9
58
58'A
58 Va
59%
*23
23 »/a
23%
24
8
8%
7%
7%
7%
*8%
8%
5
22%
22%
22 Va
22 Va
54 Va
54%
61
6IV2
60%
51%
51%
51 '/a.
49 %
50
50
52
■V;*.5V£.:
54 Va
20
23 %
58
54 '/a
..
.
54 Va
*54 '/a
*49%
.
50'A
:
/ .*51 '"y 52
54;%;C .,■*54%' -54 %---• *
9,200
6.400
1,300
8 %
112,400
22%
2234
1,300
54%
54%.
54%
59%
61%
51'A
4,100
23 Va
8
22%
52
'
59
*23%
8%.
22%
50 V4
%
8
22%
59
61%
51%
/ ,50Va
•54%
22%
55
,
100
43 Va
19%
23%
104
113%
20%
57%
30
40
*103%
-
43%
19%
*8%
96
103
117%
20%
23
*95
*101 Va
43%
19 %
57%
96
20
113%
117%
60
59'A
60'%
49'//
50%.
50%
50'%
501/4
52
*49%
50 'A
*51
52
■
*54 Vs.
*49%
52
54%
;
:4 *54%
5-300
530
10 V
,
'.54%
'"'53%
1,100
11,400
.
,53'%
220
*.
"
•
50
52%
50
Co
52 Va
51Va
52
5
*52%
*51
„
53
52
:
14
26%
: 25%
6%
6%
54%
53 %
6%
1
54 Vt
Na par
53 %
53%
5 3'A
—1
*22%
5
43 Va
preferred
102
—100
Iron
No par
No par
Machines
23 Va
400
preferred
Canada
102
35'/a
*86
35%
3%
63 7
3%
*137%
138
13%
13%
13%
88%
87%
9%
98%
10
;*9%
73%
73
100
100
43%
800—
102
22 »A
397^
101
22%
22%
397
398%
37%
36%
37'/»
36%
170 Va
170 y4
170(4
170%
34%
34%
35 'A
87%
3%
64%
137 »/a
14 Va
14 J/4
88 Va
104
*34
35%
87%
35'/a
14
3%
*87%
3%
63%
137
*136
14%
,87 y4
101%
10 'A
10%
76
75 J/2
76%
97
98
*95
101
2 3'A
8,500
2;800
37 Va
29,800
171
420
34%
36'A
22,600
200
89
4
6,300
64%
16,800
137
140
14%
88'A
no'A
75
99
240
400
14%
*104
10%
74%
43%
87%
-
88'A
104%
1 104
.
135%
87%
641/4
3%
64
351%
10
*
*34
35 Va
-
18.100
•
7,400
105'%
300
10%
"3,600
•
75%
850
95%,
95i%
44%
441%
44'%
44%
45
1,200
64 J/2
65'%
65
65%
2,600
36
36
36
'
*35 J/2
36
*35 Va
4'/a
36
*35'%
36
1,100
100
/
26%
27'A
26%
28V4
27%
28%
202,500
34%
34%
34%
341/4
34%
4,800
35 '/a
*34 'A
35%
*34%
3534
34%
35 %
35'A
341%
34i%
36%
*35%
36%
36
36
35 J/2
36
35%
35%
13%
13%
13 7 a
13%
13%
13%
13%
13%
13%
4,600
38
38
37%
38%
37
37%
37'%
37%
38
38'A
1,300
33 >%
,
33 %
33%
32'A
23%
32%
33
28
28 %•
28'A
28 »4
28'A
28'A
28
28
20%
10
50c
21
21
21 »A
21
21%
21%
21%
125
*122
*122
,
•
33%
7%
125
7V2
30%
7%
30%
30%
30%
34Va
34%
34
34%
91%
91%
91%
92
7%
.
1
;
1
47%
*102
Johns Manvllle Corp
No par
Johnson & Johnson
,
12%
Jones A Laughlln Steel com-10
6* preferred series A_
100
-1
2 3'/a
397'A
22% 1 22%
43
13%
1
Manufacturing Co_.
223^
23
43
101
43%
66
*36
Co_No par
100
16,800
*22 %
23
102
4
*34%
No par
common
55%
65'A
35 J/4
p£d~>-100
54'A
87'A.
26%
4%
54%
'•
34%
No par
53
r
26
Co
55%
66%
.
26%
Co—
<
.
12,000
45%
*45 VA
35..
1
4,700"
,
71'A
65%
,
34%
preferred
52%
167
69'A
66
2ij%
Elec
52
*164
44^4
*35%
common
52%
44%
25
-25
Light Co
52 J/2
69'/2
*135%
97 Vt
97'A
10,900
68%
3 %
9%
74
57 Va
65
No par
No par
common
*103
104
56*%
*164
63%
883,
104%
72
1,500
2,600
56%
70 «A
*86
14'A
88 %
104
53'A
-
138
Limited—-15
Amer com—No par
100
53%
*34
64 Va
e
5,9.00y-
6%
170 %
,>
87'A
87'A
3%
26
6'A
36%
34%
-35
88
13%.
25%
6'A
55
55
397
169%
*34
64%
138
—100
169%
36
3%
13%
102
1
37 %
'
13%
26
*5%
43%
399
35
63%
com—No par
Z
13%
25%
*22 Va
.
37 Va
169%
*34
100
53
23
397
37%
52'%
69 J/4
103
'22%
23%
404
169%
441
*
23
*43 Va
102
*52
6 J/4
*164
167
*22%
44.
37 %
No par
—100
common
23
52
260-
25%
i
55%
Insuranshares Ctfs Inc
Interchemical Corp common
'■
*5%
52%
54%
♦164
52
53%
*13% " 13%"
*•
6%
55V4
167 »
52
*52%
X25%
'■
26
52%
.
*51
14 '•■
13%
13%
26
No par
" "* "'..'*52% " -5-3%'^'
55%
Jov
300
103
54%
Jewel Tea Co Inc
3%% preferred
35%
*101 Va
*19%
-
35%
103
19%
54 V2
4,400
36
*101 Va
*95
800
10,800
95
05
2,000
30 Va
13%
104
113
-
600
21%
21%
33 %
1041/a
102
P*
7%
13%
95
%
*19%
*51
28%
28%
7 %
13%
102
105
III %
*102 %
13%
33%
102
*/2
29
,
.
96
102
32 Va
102%
14 Va
35%
,
36
xi02%
3 3-/a
102%
13%
*101
14
*35%
>
—20
<fc Lt
7,000
7,200
21%
7%
7%
.
30%
1
common
Pwr
1,000
'
21%
*101 Va
preferred
Packers
-
31
20
RR
4.
7%
21%
_100
Jacobs
4
fooinoi"s
15
100
Jaeger Machine Co
Jefferson Lake Sulphur
10?
27%
14%
3,500
10%
27%
15
100
13
19% Jan
Mar 10
10%
28
100
31
97
11
14%
No par
Inspiration Cons Copper
Jersey Cent
10V8
70
27 Va
3
com
28
54 V, Jan
40%
10%
50
39
Mar 14
40%
15
70%
I)
41
28%
70'A
(F
40 Va
14%
No par
&
41
40
27%.
33%
common
Coal
&
10%
5
Co
&
91
15
70%
Creek
91
♦73 y2
28%
21%
Manhattan
Power
90 Va
'90%
1
Intertype Corp
Iowa-Illlnois Gas
75
11
*30%
Co
of
*73%
75
14%
Lighting & Power__No par
Co of Texas
(Del)—25
Corp
1
Int'l Nickel
II,200
27%
10
com__
2,600
17
*10%
No par
Co
5,600
31%
14%
Oil
Harvester
39%
.
31%
I6V2
28%
Stores
Business
39%
'
11%
70
$6
4
.
14%
30
preferred
Terminal
100
28%
12.50
preferred
cum
60
4,300
54
5
Sons
34% Jan
Jan
*53
II
♦164
Island
65% Jan
For
1
100
Iowa
95'A Jan
83'% Mar
40%
No par
28 Va Mar
125
41%
preferred
23% Jan
19
101V4 Jan
30
21
34 Va Mar
Jan
41
International Telep & Teleg_No par
international Utilities Corp
5
$1.40 cum conv pfd
25
Interstate Dept Stores
1
Interstate Power Co
3.50
16
40Va Mar
3
90% Mar 23
28
103
9
121
30'A Nov 23
37% Nov 24
96
Feb
30% Jan
26% jBn
54
43%
50c
Corp
Electrochem
cum
3,300
125
%
5
Electronics
Furnace Co
International Silver
7% preferred
39% Feb ,24.
12% Jan
10% Jan
28 %
Mar 15
*53
42
'
5
preferred
International Salt
International Shoe
1
2
54
40%
5%
7
38 Va Dec
54
41
Int*} Rys of Cent
«
38% Dec
55
Paper common—7.50
$4 preferred
No par
28
May
*53%
*90
Preferred
Mar 28
48 % Mar
*124
43%
90%
International
4
lll
125
90%
Power
111
'
43
91
preferred
—-—r—100
International Mining Corp—,
1
*
4
37% Feb
♦1241/2
43%
*90 '/a
4%
12
100
125
43'%
*73%
International
Jan
♦124 Va
43%
74 %
7
12% Jan
125
43%
74%
3
79% Jan
124%
43%
54%
75
7%
11
Jan*
125
43
Int'l Hydro-Electric Sys class A—25
Int'l Minerals. & Chemical
com—5
§;
140Va Jan
17
12
110%
*73%
Int'l
13
94% Feb
Jan
1,900
110'A
112%
17
Interlake
18
13% Mar 28
111%
32
,' Int'l
7
4% Jan
113
40%
4%%
Mar 23
82
103
16
*
Mar 14
Mar 29
66 % Feb
100
19%
16
6%
4"
8
24
37 Va
19 Va
31%
Ingersoll-Rand
5*
Mar
112%
Inland Steel Co
47%.Feb, 16
41% Jan
91% Jan
24
37 Va
I9V2
39%
Finance
I,700
24%
371/2*
16%
conv
190
*19 Va
31-/4
&
100
*37 Va
41%
(A)
60
600
43%
37%
16
Illinois
7
37% Jan
*98%
31%
cumulative preferred
39% Mar
98'/a
12,600
87
43'A
40'A
4320%
23%"Mar
f 2,200
*86%
16%
Feb
55 Va Mar 28
404
29%
29 Va
.
87
32 %
Mar 11
3
23
4,600
41%
4.08%
16
103
23%
42%
24
2,000
7%
23 Va
19
125
(conv)—No par
38
8 Va
98'A
24%
19
19
7%
171/2
42
100
24
113
19
*8GV4
160
23%
./
.29
,29
29"%
*37%
19
*53%
50
Feb
37%
112
50
76% Jan
24
19
50
31
July
common
preferred
172% Jan..-
57 Va Jan
17
79
4
135.% Mar 31
31
79% Dec
31% Jan
37%
preferred
25
84
5
Oct
4% May 27
40% May 27
44% Jan li
37% Jan
23%
23%
*37%
29%
;
3,000
17 Va
8
16%
Idaho
24
34 Va Mar 14
34 Va Feb
Feb 23
4% Nov
6
31
167% Mar
8
59% Dec
140
Jan
35'A Jan
38% Dec 30
176% Oct 25
34% Jan
130% Jan
9% Jan
13% Jan
;4
Oct -25
94
Jan
■
Nov 23
42% Dec 29
65
Jan
40
77
101% Jan
.
66% Mar 14
35 % Jan
28% Jan
•
162
31
102
Jan
23%
*37%
100
25
13
6
Jan
*98%
Indianapolis Pwr & Lt
29
7%
23 Va
98%
Industrla Electrlca De Mex S A
Industrial Rayon
76% Dec
8%
Va
137 »/a
*37V2
17'/2
23 Va
98%
1
39 Va Dec
8
23%
40
137'/2
38
17
42
preferred
56% Feb
r
*39%
8 »/4
7%
*371/4
17%
87
cum
20
7%
38
17
*86'A
cum
50% Jan
6%
*37 %
17%
*41
I
8
7
38
17%
41%
4.26%
6
30,200
6%
*37%
13%
8%
4.70%
4.42%
48 Va Jan
c8%
6%
38
86'A
14% Mar
17
5,600
3,000
23%
3
6% Apr
57 Va Apr
31%
29%
26% Mar
24.
31%
29%
2* Va Mar 15
5% Jan
31%
41%
25
30
31%
86%
13% Mar 31
7V$ Nov 23
32
8%
1
Mar
31%
23%
Illinois Cent RR Co
—No par
Illinois Power Co. common—No
par
Mar 24
54 Va Jan
32 %
29%
15% Nov 23
4
Jan
25
•
29
87
Hupp Corp
Hussman Refrigerator Co
,
10
5
28'A
8%
5% noncum preferred
100
Hudson Bay Mln & Sm Ltd—No
par
Hunt Foods Inc
6.66%
4
58% Jan
47 V2 Jan
281/2
39%
138
31%
IHudson &
,
3
67% July 28
63% Dec 31
61%.Dec 27
8% Jan 11
22% Oct 20
2% Jun 30
159
Mar
28
39%
137V2
41
Howe Sound
10
50% Dec 23
52% Dec 20
Jan
14% Apr 28
271
May 11
27% Jan
4
Feb
28 %
39%
16%
Houston
28
18
140
32
Howard
7
8
*137%
27%
42%
Houston
10
27
39%
28%
42%
preferred
4.40%
preferred
1
2% Jan
7% Jan
40
23%
No par
No par
760
7.600
107
,,
140
8%
*98
*106
99 %
28%
v
39%
23%
100
107
16
3%%
28
15% Mar 14
5
26
17%
24%
♦137%
23%
4%
14
Feb
Jan
54
25%. Jan
89% Jan
Feb
98
18
10
6%
*37 %
.
32
Household
23
5
July 29
40% Jan
4
21% Jan 11
15% Jan
5
32
106
41%
$2.25
26
95
10
159
32 Vs
preferred
$4 25 preferred
Houdallle-Hershey
Mar 10
25% Nov
57% Dec
170
Jan
31%
:■
8
Hooker
1
104% Jan
Oct
4
28%
—10
Homestake Mining
Honolulu Oil Corp
Jan
87% Feb
31
55
47% Nov
28%
41 »A
140
421/4
Holly 8ugar Corp common
5% conv preferred
32% Mar
35% Feb
16
Dec
28'/a
107
86%
(The)
Hoffman
25% Jan
74% Mar 14
105 % Nov
Nov
40%
*137 %
*106
15
Motors
Hollander
28% Jan
107
5
Holland
8% Mar
48
*106
25
Hilton Hotels Corp
Hires Co tCharles E).
10
16% Jan
Jan
107
:—100
$4% cum 2nd pfd
5
12
14% Mar 21
26
♦106
24%
Heyden Chemical Corp common—1
3%% preferred series A
100
74% Mar 29
3
54% Dec
21
par
5
Hewitt-Robins Inc
3
Jan
61% Jan
Jan
28V2
26
100
Dec
98%
28 V2
35% Jan
18% Jan
52% Jun 15
4
98 »/2.
28%
Hertz Co
24
4% Jan
9 8 V2
28%
3
Nov
20% Dec
99
28%
44% Feb
46
89% Jan
Mar 31
16% Apr
35% Aug
36% Oct
99% Nov
98%
I 29
3
13
Jan
71
31% Dec 31
4
24%
99
28%
—2
Co
common
non-cum
2.500
24%
98%
1
common
Hercules Powder
4
Mar 14
15% Mar 14
31
Dec
19
7%
24%
'
24 Va
29 %
50
preferred
(G W)
Hercules
11
Jan
3.65%
Helme
Co
1,900
24%
10
common
J)
4,200
21%
98%
common--—1 /
preferred
(H
700
56%
29
—15
Corp
Glass
43-Va
56
21
-
98
5% preferred
—i
-100
Hershey Chocolate common—No par
4%% preferred series A
50
Jan
35
5
Jan
Jan
24%
43 '/a
.
..
24%
31'% Mar 18
37% Dec
3
34% July 26
187/a Apr 21
78
Apr
8
92
Sep 29
18% Aug
5
8% Dec 30
27% Dec
6
30 % Dec 21
14
s
Mar 28
17
25
4
No par
54% Mar 18
123
11% Aug 25
5
3%%
7'
22% Mar
Co
Heinz
21
37% Jan
Mar 14
96
43% Nov 12
10% Jan
Hecht
Mar 10-
Feb
3
18
40
May 13
Hazel-Atlas
7
51% Jan
1
.
15
16
18% Mar
88
24% Feb
23
5
21
Hayes Industries Inc
Hayes Mfg Corp
30% Mar 24
45
Steel
Corp of America
4%% preferred
7,
104% Feb
Dec
81% Jan
1
36% Jan
26
56 Va
21
preferred
Harrlsburg
18% Mar 25.
6
54% Feb
4
39
22% Jan
14
Jan
9
Jan
26% Mar 14
27
43%
56 %
21'A
Hart Schaffner & Marx
15'A Jan
35
43%
56'A
21
2.50
14
36% Feb
68
43%
56'A
21%
24-%
-100
8% Jan
18
101% Oct 11
23% Nov 11
37% Nov 18
*43%
56%
21%
com
33 % Jan
Nov
26
6%
43 %
56
21 %
pfd__No
Mar 11
Dec 23
21% Jan
Co $4.25
5% Mar 25
8% Dec 31
23% Dec 31
28% Dec 31
4
A)
Harbison-Walk: Refrac
8
43%
56 y4
21 %
.100
30
8% Nov 30
17
1»
(M
43%
56
-2.50
3
40
22
Hanna
*43%
5
preferred
Paper Co
12
6
Mar
conv
Jan
17
4% July 12
18% Jan
4
31% Apr
84% Jan
4%
Hammermill
31% Jan
Mar 14
11% Feb
85
25
Cementing—5
26% Mar 14
33% Nov 29
32% Dec 28
141
Water
(W F) Printing Co
Hamilton Watch Co com
4
5
6
106% Jan
15
Hackensack
3;
Jan
106% Oct 25
40% Dec 22
Jan
Jan
21 % Jan
102% May 11
24% Jan
4
21% Oct 28
22% Apr 23
45
47%
48
103%
'102
48
1031/2
*91 Va
4,900
125
28%
1,900
21%
4,800
*122
125
7%
71/4
7%
7%
7%
30 Va
30'A
20 Va
20%
34%
34%
35
35
12
92
Va
921/2
'8
48 Va
48
*102
103V2
*102
V4
*92
4,800
800
4,100
92 Va
150
2,600
48'A
43
43%
103%
*102
103%
88''2
86%
83%-
86
87%
71
Va
70%
70%
70
70'A
3,500
37% * 38%
37 Va
38%
37%
38%
58,300
10O V2
101%
101 %
101%
101%
45%
45'A
45%
451/2
45%
88%
88 'A
70 '.
71
711/2
37%
38's
100%
101%
100%
46%
46%
45%
y*
71
38 Va
88'A
33
21%
30 3 4
8
31
69%
88%
*122
400
28 Va
1
3
71
*30 Va.
37%
*
125
♦122
32'%
300
-
88
100%.
"100 Va
45 V4
45
-
4,400
•
*
,
530
3.100
.
Number 5417
Volume 181
The Commercial and "Financial Chronicle
...
new
(1571).
york stock
Range for Previous
Year
1964
Range
Highest
Lowest
exchange stock record
STOCKS
since
Jan.
Lowest
NEW
1
YORK
LOW AND HIGH SALE PRICES
STOCK
Monday
EXCHANGE
Highest
Par
Tuesday
Mar*
Bales lev
Wednesday
Mar. 29
Thursday
Mar. 30
Mar. 31
'
Friday
•
(he Week
Shares
Apr. 1
K
26% Jan
6oy« Dec
11
46% Jan
85% Dec
4
2% Sep
9
32 Va Jan
4
92
Apr
Jan
12
31
6
2% Jan
104% Apr
6
3
94% Jan
107
Mar 13
106
Oct
117
Mar
7
98
Jan
7
103
Feb
10
107
Jan
19
1U4%
JreD
3
106% Jan
29
25
102% Mar 15
4%
14
35% Jan
5
18% Jan
21
22% July 30
12% Apr
23
25% Dec
16
Jan
64% Jan
70% Jan
13
43
Dec
4.50%
-
4
107
11
Dec
31
Nov
i
18
41% Dec
13
34
Oct
39
Apr 29
Nov.
79% Jan
6
87
29% Jan
4
44% Dec
9
98% Dec
1
82% Jan
5
28% Sep
9
48% Aug 18*
42
Feb
84
:
31% Jan
-43
Jan
•
Jan
Kern
3
3
32
J<.n
Jan
40 y»
*96
97 y2
*100%
*96
102
102
23%
17%
3030%
109%" 112 ,,
110 %
107
*10o'/a
107
103'A
♦102%
103'A
40
79%
78%
79
78%
1,900
47 »/2
46%
46%
23'A ; 23%
18 Va,» 18 Va
30'A
30%
23%
23%
23%
23%
2,800
18 Va
18'A
18 y8
18'A
4,000
<
18
30%
297%
112
.
37
37
com
5
46
46%
46
1
307/a
30%
4
Kresge
/'„ *44
92
10
Kress
KrOger
(S
H)
10
29%
.No par
8c Co_
(The)_
Co
i
t
? *
44
f'«"
29
12% Mar 15
>3% May 27
5% Feb
18
4"/b Mar 11
21 % Jun
28
33% Dec
22
14% Jun
9
17 % Dec
8
47 % Jan
4
58 % Dec
9
56*
Jan
19% Jan
5
38 % Dec
29
29*
Jan
27% Jan
'14%
5% Jan
Janr*
85
7
30% Dec
0
8
27
Lane
12
60
27
18
34% Feb
15.
4'/a% preferred
Lajie-Wells Co
25
26
Lee. Rubber
53% Jan
60% Nov; 30
6
Jan
4
1% Dec
4
11% Dec
34
Jan
46
18% Jan
6
9
Its Jan
3
3% Jan
3
8
Dec
31
15% Jan
4
23,.
16 % Jan
4
20% Aug 17
19% Jan
•
76 % Nov
64% Jan
18
13% Jan
3
45% Jan
7
8% Jan
4
.
36% Mar 22
56
July
142% Jun
56
Mar
Dec
14
29
I
1
61% Mar 14
22
1,9% Ma.' 23
4
Nov
29
92 '
Jan
18
53% Dec
2
21
30% Jan
17
Apr
104
19% Mar 15
19
67% Jan
164
4
19% Dec
10
137/a Dec
48
2
23
38% Apr
Dec
30
48% Jan
7
44%,.;
44
29.% i
52%
44
94
94
30'/»
527/af
43%
30
30%:
30 y8
"
30%
52%
-
53
53
43%
43 Va
44%
13
13
13
7,700
1,200
53
43%
;
30
30»/a
30 V4
*92
..
y8
94
*92
12 Va
4%
4%
33%
32'A
i
33%
16'/2
16 Va
16%'
*56
59
*56
4,000
'
*4%
16%
200
4V«
16%
4,200
•:
59
*55
,
30
94
30'A
'/a
*92
23%
23
I,700
30
♦92
94
8,300
3y va
30 Va
30%
5,100
94
'A
23%
94.
94
;
12%
12'/a
12'A
11 Va
12%:
11%
12%
12"
12'A
15,200
57%
57%
56%
57 y2
57
57%
56 %
57'A
58
58 3A
4,800
-22%
23 y8
22%
22%
22'A:
22%
22%
22%
22%
22%
1%
1%
1%
2
13'/a
12%
13
4 %
4%
3%
1
44%
44%
i i
45'/a
43%
5
44 %
20
20 y8
\ 20 y8
20'A
20
19%
No par
10
22
22%
X21%
21%
21%
21%
21%
69%.
69 Va
69%
69
69%
-
-
16
63
100
Corp
*4
4'/4
69%
69
*49
preferred
V 10
-12 y4
-.
12'%
f
59
23%
No par
pfd
'2,600
2,500
23%
23
;
par
preferred—No
300
17 »/8
69
16 %
49%
63 Va
63%
,
149%
152
152
103
No par
■
*
103
152
2
13
1
4
37/a
16%
50
63
63%
r
152
152
101
;
43'A
2
1 Vb
12%
13%'
4
4'A
43%.
14,400
,
2
13,300
13%
1,300
1,200
4%
4,800
43%
43 Va'"
19%
19%
19 Va
I,100
21%
21%
21'A
2,300
69'A
69%
6,300
52,200
,
16 Va
17
17
17%
*49'/2
16
50
■
Va
*13%
44%
"20
49%
63%
.
16%
50
l7/a
12%
'
50
49%
49%
700
63%
63%
63%
12,900
152»A
350
63'/a
*151
*152
152%
*101
102 y2
101'a
101%
101'A
102 'A
5
52%
52%
51
51%
50%
51%
50%
52'A
52 'A
53
5,500
2.50
18 'A
13%
18%
18%,
18
18%
18
18'A
18
18'/a
4,400
44
46
43%
44%
43%
44 y4
43%
44
27
27'/a
27
27'/a
26%
27'A
500
102'A
28% Nov
19
25% Jan
25
30% Feb
21
Feb
17
85
Feb
23
46% Jan
6
64 y4 Feb
7
Lockheed
17 % Mar 14
21% Jan
3
Loew's Inc
18%
18%
18 y4
18%
18'/a
18
18%
56
65% Feb
16
Lone
Star
Cement
Corp__.
10
58
59%
57%
58
56%
57%
57 Va
57%
Mar 23
Lone
Star
Gas
common
10
28%
29
28%
28%
28%
29
28%
287/a
preferred
100
Long Bell Lumber (Md) A—No par
116 y4
116%
116%
116%
116%
116%
30%
30%
29%
29 Va
29%
'29'A
29%
29%
29%
29%
900
22%
22%
22%
22%
22%
22%
22%
227/a
22%
22%
II,300
51% Dec
29
13% Jan
4
22
Dec
11
64
Nov
30
23% Jan
4
108% Jan
4
22% Jan
4
34% Dec
21
17
4
80
31
28% Jan
24% Aug 26
.
114% Feb
116% Aug 12
106% Mar
July"
9
104
30
105
5
11
118
32% Jan
23
Nov
3
lu3
Oct
21
102
8
106
5
103 y4 Jan
Mar 11
6
25% Jan
Mar 15
No par
Co
convertible
Aircraft
Corp
145% Jan
Lorillard
7%
(P)
Co
88% Dec
20
77% Jan
6
88 y4 Mar
Louisville
27% Dec
28
Lowenstein
20
104
22% Mar 14
9
100
49% Dec
38% Mar 25
Nov
31
42
Jan
5
Mar 14
26% Jan
3
9
4 y4 %
51% Jan
3
♦100
103
*102
102 ya
10
21%
(M)
8c
♦143
X47%
50
82%
1
series
48
83%
50%
18%
107'%
,
106
106
ioi y2
*100
101
103
103
103
21%
144
V
49%
22
21%
144 y2
497/a
%
*101'A
21%
47%
47%
83
83
82
82%
18%
30,400
57'A
28%
29
7,500
17,800
117
117
*106
103
*101%
500
107 »A
103
103 Va
103
217/o
21%
144
*142
48'A
49
48
83
84%
85
*142
143
48
18%
28,500
57
,
3,500
50%
107%
103
48
50%
51%
11,600
82
*80
116
*115
*106
21%
143
82
*80
82
10
600
103'A
22
15,900
144
y4
160
49
1,800
86'A
'.,3,900
23'A
II,300
Inc
Sons
A
Lukens Steel Co
22%
100
*100 »/a
.10
preferred
.22%
144%
(Ky)-Nopar
Common
101 y2 Mar
ioi y2
51%
*106
♦100
*80
82
50%
107 y2
100
Nashville—
&
52
♦106
—100
Louisville Gas & El Co
27 y4
100
common
49% Feb
44%
26%
*80
82
10
100
preferred
3
44 y4
27%
51'/a
1
conv
45% Jan
'A
26%
*80
No par
Co
487/e Aug 25
22
No par
preferred—100
Long Island Lighting Co com
5% series B preferred
4.25% series D preferred
4.35% series E preferred
Mar 30
21% Mar 29
141
*
Oil
4%%
103 V2 Feb
Jan
-
Co
Corp (The)
3'A%
4
Mar
Belt
Liquid Carbonic Corp com
5
21% Mar 15
Lion
18
103% Mar
15
28
29
Jan
2
153 % Feb
7
28% Mar 14
26% May 18
1
22
Jan
26'A Mar 14
29% Aug 19
Mar 16
Dec
Q4
3
11
22
*93%
■
49% Jan
Jan
96% Jan
23%:.
30%
5
Cup
93%
900
43 % Mar 15
26
59% Jan
common.3
7
Lily Tulip
9,200
34
Liggett & Myers Totlacco com—25
103% Feb
55
59
34
23
Libbey-Owens-Ford Glass Co
7%
'
*55
34%
McNeill 8c Llbby
Life Savers Corp
157% Jan
44
16'A
:
.
23%
Libby
Mar
43%
Va.
49% Nov 23
18
7
Jun
50
65 >A Jan
44
Lionel
Oct
407/8 Jan
19'A Mar
160
43%
/
•
Link
82
21% July
.
59
92
14
5
137
Mar
72% Feb
*55
40%
92
127A; 127A.
*4%:
47/a l1
J
16s/£
16%
40'/2
92'A
33'A
p
34%
100
2nd
16'A
94
40%'
*91,%
>
f
23 Va
preferred
noncum
33%
♦39'A
t
*
*4%
i
■'
V"
44 Va >
52%
,•
^5
t
Lehman Corp (The)
Lehn & Fink Products.
Lerner Stores Corp
Jan
23
50c
4%
34 >/4
••*.'
-16 y4
1
1st
-134'
800
31
297/8;
r-
'/as
13
5,300
'30%
23
12
99% Jun
,
*
12%
1,400
44'A
Feb
Jan
98%
■
™4%
50
:
& Tire new
noncum
-
1
(James) 8c Sons do
$3
>
*
13'/a
37'A
43%
53f
43%
,
-93%;
;
93'%
29%
7,900
37
39%
93
8,300
17,500
54%
21% Jan
Mar 12
18% Jan
103
7.
Jttll
22
.
No par
;
30 »A
39'/i
30 »A
11-3 Va
Mar 11
25
67
Jan
va
(The)
Bryant •common—.
3.85%
2
47
Co
Lehigh Coal & Navigation Co*
10
Lehigh Portland Cement
25
Lehigh Valley RR
No par
..Lehigh Valley Coal cojnmon
1
7
2 "A Mar
15y».Mar
5'/a Mar' 2
3
8
-
.
40% Mar 14
39% Jan..
i:
16
JFeb
23Va Mar
3
11% Jan
Lees
25
61
6
Apr
13% Jan
Mar 14
8
-
4% Dec
4
Jan
11
31
20% Dec
Apr
--6% Jan
Mar 30
Lambert
31% Mar 15
94
4
2
Feb
7
4
%
Jan
6
27% Jan
Cpnsolidada 6% pld_75 Pesos Max
34% Feb
17% Jan
30'A
200
54'/a
45%
.
*
47%
44
37
44%
:
44%.
12%
5
89
>7% May
.
25
La
28% Jan
-
May 10
12% Dec 31
'
Laclede Gas Co—
95
Aug 10
15
24
Mar 14
16
22% Mar 15
£2
Jan
37
45%
*
53
44'/'a
29%
r
37%
39
'
112
--
92
93
30%
112!
54
93 %f
%„
*46
52%
30%
:
•
103
78
45y4c
•
30%
30'/a
*52%
JNopar:.
110"
*101%
54 Vi
44
"93
93
>
93 %
44%
30%
;>111'A
52%
■
V
37 Va
46
*42
■
'.■93 rt.'
44'/8
100
(S S) Co
9
4 *.
45
"1
.
13% Dec
110
•
37
;
*46
■
23%
■:,
5
79'A
r
37
No par
97'A
102
47
17%
X30%
•96
*106 '/a
*45
22%
17%'
1
97 Va
*102%
No par
—
*96
♦100%
78%
23%
■"
3,300
97 Va
103 Va
54%.
Corp
40'A
107
54
Wire Co
40'A
102
55%
&
1,500
40'A
103%
78%
1
3,109
40 >A
*106'/8
797/a
2.50
24,400
2%
*100%
79%
■
9% Jan
*96
107
No par
82
115
*2%
,•
*1065/a
*102%
46
81
115
2%
f
107
103%
x46
817/a
114
2%
103%.
*10G'/a
5
81
114
2%
40%
:
40%.
97Va
'100'/2
83%
117
*2%
40%
'102%
8.75
Copper
Kmg-seeley
2
50
40 y2
Corp
Kinney (G R) Co common
$5 prior preferred—.
Koppers Co Inc common
4%
preferred
:
13
Mar 17
..-55% Feb
.
42% Mar 14
Light Co
County Land Co
Kimberly-Clark
93% Mar 29
-
""40%
80
114%
2%.
53%:..
23
97% Jan
8c
Keystone Sieei
7
50% Feb
,
29 % Mar 16
52
-
5
Feb*
47% ben
-
92% Mar 18
31
52% Aug
17
38
.38% Jan
,
Kennecott
1-
57% Feb
Power
82%
116
2»A
50
Kayser (Julius) & Co.
Kelsey Hayes Wheel
113% Apr
78'/z
111%
2%
No par
preferred
non-cum
Kansas
29% Feb
1
52% Dec
4%
4
34% Jan
*
34% Jan- 23
'
24
Common
4
3
6
82%
115
2Va
100
14
36 % Jan
14
■
3
24% Mar
114%
10
100
32 % Feb
29 % Jan
14
Mar 19
31
50
>
21 % Jan
-
3
80%
100
lviar 24
t V4
98% Jan
13
24»A Jan
1
City Southern—
81Mar
47% Jan
•
24
33% Oct
Corp
27% Mar 14
i
t
8
54% Dec 23
31
preferred
preferred
~.4.20%
48 "A Jan
24
Mar 10
21% Jan
27
31% Deci
4
20% Jan
i
29
50
4
39% Jan
t
75% Dec
Chem
preferred.
cum
Kansas
38% Jan
8c
Kansas City Pr 8c Lt Co com_No par
3.80%
preferred
100
4
24
Alum
5% cum preferred (conv)
Kalamazoo Stove 8c Furnace
Mar 26
2% Feb
;45%
100% Mar 23
15
Kaiser
83% Mar 25
6
79% Jan
5
99% Nov.
May 26
Jan
40 % Jan
103% Aug 10
I
,
18
Dec
102
t
56
30
3% Jan
41
28
100
31
46 Va
23%'
101
46%
23%
*100 Va
*45%
23%
101
23%.
23%
'100 %
46%
22%
ioo y4
101
45%
46
22 7A
23'A;.,
*100'A
101
46'A
46
4o%
101
45 %
1.700
13%
2,100
M
8
Apr
40% July
122
July
15% Nov 29
22
23
4
12% Mar 14
23
29
54
6
12% May 10
20 ■% Jan
Dec
136% Dec
2
Aug 19
%
.
14% Jan
M 8c
10
' 4
53
V2 Jan
3
Mar 28
139
Jan
21
o
23'A Feb
3
Mack
5
<
30% Dec
29
26% Mar 14
30% Jan
92
31
88% Mar 15
Wood
M
6%
'
/4
133
MacAndrews
Working Co
8c
B
Trucks
11
8% Dec
3
7% Jan
6
12% Feb
25
Madison
9% Dec
31
8% Jan
6
12 y4 Feb
16
90
25% Jan
4
16% Jan
4
499
July
3% Jan
7
4
23
56% Jan
6
22
23
Jan
18
Nov
17
543% Jan
4
6
Magma
620
Feb
24
1
Manati
12
6
Feb
25
10
Mandel
6
31
Jan
6
34% Jan
11
Manhattan
9% Mar 14
11% Feb
17
Maracaibo
Oil
Jan
4
10% Dec
31
19
Jan
4
30% Dec
29
28
Jan
9
6
35 Va Mar 25
Marathon
20'A Feb
Marine
11
17% Dec
9
16
Jan
7
55% Jan
31
58 y2 Feb
2
Apr
29
71% Dec
6
66% Jan
11
84% Feb
15
24% Jan
12
34% Dec
22
31% Jan
7
97
Sep
16
92
Jan
11
33% Oct
22
32
Jan
3
19% Dec
29
16% Mar 24
28% Dec
23
25% Jan.
.12% Jan
42
Jan
4
16% Jan
4
13% Feb
1
16% Jan
8
82
,•
Feb
4
Jan
7
a an
4
Feb
16
Nov
12
52
55
Mar 29
23% Dec
30
21
Jan
25% Dec
30
23
Mar 14
.--44% Dec
31
55
••
18% July
40% Jun
2
17
..12 ?: Jan
i
4
15% July 23
Jan
4
88% Jun
33% Jan
4
63% Dec
44
24
3
75
Jan
11
6
14% Mar 14
-
82
Jan
20
52% Mar 14
54% Jan
4
76% Dec
37% Apr
26
-43% Nov
24
18% Jan
4
25% Dec
30
11% Feb
19
27% Jan
4
57% Jan
86% Jan
27% Feb
•57% *<b
67
Feb
74% Jan
40
Mar 14
42% Jan
24
Mar 15
29% Feb
16
1
3
ft
31
52% Jan
18
58% Mar 31
Dec
27
101% Jan
31
104% Mar 31
31
60% Jan
21
21
31
Jan
7
18
65
Jan
3
Mar 31
33% Mar 30
11% Jan
4
30% Oct
4
26% Jan
6
46
Jan
25
47
Jan
4
91
Oct
4
82
Jan
7
135
Jan
25
15% Feb
18
22% Dec
31
21% Jan
18
17% Jun
28
23% Dec
23
20% Jan
18
88% Sep
7
95
Oct
21
98
4
109% Dec
22
Jan
95
Jan
7
26
Jan
4
21% Jan
13
88% Mar 30
102% Jan
18
24% Mar 30
28 Va Apr
Oct
25
100% Jan
7
43% Jan
7
23% Mar 14
100 V2 Jan
4
104
Jun
14
108% May 19
104
Feb
106% Jan
4
92
Jan
15
102
6
,
99% Oct
109
36% Nov
94 % Mar
12
May 14
4
104% Mar 15
23
32'A Jan
6
35
98
Jan
96% Jan
107
17
11
Mar 29
41% Mar 24
9%
32%
9%
34
1
9%
32%
96
series.No par
1947
*95
18
18'A
18
18'A
18
18'/a
58%
58 y4
57%
58%
58
58
77%
76
76
76
76%
700
%
34%
34'A
34%
34%
35%
7,800
94'A
93%
93%
*93%
94'A
94'A
94 3A
150
34%
36%
34%
3o%
35
36%
35%
35%
43,500
16%
16%
16%
167/a
16%
167/a
16%
17%
9,300
29%
30
29%
29%
29'A
29%
2 9 Va
29'A
13,000
25'A
25
25 Va
24%
25
24%
25
24%
24 Va
2,100
36%
35%
36%
35%
36 %
35'A
35%
35%
35%
*
8,700
130
96
96%
96%
*95
96%
*95'A
96'A
95
95
*95
*94'A
96
*94%
96
*94'A
96
85%
*85
85%
*84
85%
10
31
31'A
4,400
'
84
31'A
31
31%
56%
55%
55%
55
55
No par
56%
56'A
257/a
25'A
25%
44%
44%
45
45
45
45
15%
15%
*44
15%
56
55
55%
54%
55%
6
64
63%
63%
63
63
5
71
71%
40%
40%
Inc
18
*86%
*87
88
40%
12
71%
72%
40%
41
40%
41'A
26 y4
25%
25%
*15'A
15%
15 Va
15'A
1,600
56 y2
58%
58 Va
58'/a
4,100
104%
104'A
104 Va
*104%
64%
64%
65
33%
33 Va
33%
25%
25%
25%
15%
15%
15%
15%
15%
56
56
55%
55%
55%
104%
♦103%
104%
*103 %
64 y2
*61%
64 %
106%
106%
-3%
23%
23%
25 Va
26
common
preferred
:
2nd
pfd
:
preferred
16%c
No par
No par
No par
*88%
Co
Metropolitan Edison 3.90%
pfd—100
100
preferred series
100
3.80%
preferred series.
100
4.45%
preferred series
*—100
Miami Copper
5
preferred series
90
109%
*109
103%
103%
51%
24%
24%
y2
44%
96
105
*93%
*93
*105'/2
39%
96
105%
95
33
33%
36
36
105
105
23%
25%
."
*62
33%
36
36
*104
'
120
24
24%
24%
26
25%
26
33
34 %
35 VA
*101
120
y4
26
*88%
28 Va
80,800
90%
200
90 Va
90'/2
110
110
104%
105
*105
-
50%
49%
50
24%
24%
24
24%
44%
44%
44%
45%
44 'A
97
96%
96%
*95%
*104V2
105'A
*104'A
93%
93%
*93
*94
96
*106
108
40%
38%
2,800
23%
24'A
23 y2
24
51,100
45'A
44%
45
2,100
97
96
96
140
*104%
105%
95
95%
93
40
51
*94'A
107
40%
*106
*106
108
39
*94%
40
40
■
^r
For
footnotes
n»<?e
?8.
280
50%
95
*94
700
106
50%
*93
107
111'A
50'A
95
96
50
27'A
105
105%
1,600
27'A
'109
•104%
34%
120
10
200
3,100
6,600
88%
6QK
33%
24%
109%
104
67
1,700
*24'/a
88%
104%
106
2,400
4,000
'
24%
109%
92
107
40%
34%
'101
24
*64
109%
104%
*88%
*109
50
*
72
*61%
Inc—
500
26
71%
25%
36
63
41%
15%
33 Va
50
1.800
54%
63
71%
25'A
36
54
62%
7,800
40%
1
32%
15%
88
40%
10
55 y2
100
45
15%
88
55
54
*61%
26 Va
series
*44
15%
88
15 »A
*87
88
72
*71
♦103%
4.35%
3.85%
15%
63%
Co
Co
45
56
25
Machine
2,500
22%
25%
50
Melville Shoe Corp
1
Mengel Co (The) common
1
5%
convertible 1st preferred—50
2nd
25'A
22%
1
pfd 4.30%
Inc
25 Va
22%
25%
87
common
Co
1,900
22%
2nd
&
100
22.7/a
25%
15%
1,100
57
56%
22%
25%
preferred (1st series)—100
conv
*55
22%
15'/2
Publishing
Bobbins
Stores
*56'A
10
22%
25%
Cum.
Mercantile
56%
56
56%
*55
22
4'A%
Corp
'
87
McQuay Norris Mfg Co
Mead
56
preferred—100
Mclntyre Porcupine Mines
Stores
31
*55
31
31
31
3
Electric Co.
McLellan
*84
84
50
convertible
&
-
22%
No par
preferred
McKesson
*55%
1,300
96 Va
*95
85%
.
33
30%
36%
No par
44
Mar 28
Jan
-
5
Jan
96
89
5
Mesta
39
27
104% Aug 18
22% Feb
12
pfd
—1
Mergenthaler Linotype Co.—No par
Merritt-Chapman 8c Scott
12.50
24
103% Oct
93% Mar 29
13,000
46% Mar
41% Nov
5
29
10,900
26% Feb
4
Jan
Nov
33'A
*50
28% Jan
24
32%
9%
9%
34%
31
3%%
$4.25
92
6
$2.50
$4
54% Feb
4
3 3'A
Corp common
$3.50
105 V2 Feb
23
28% Jan
32%
1
6.25
I
Corp.
Merck
93y2 Jan
111% Apr
49 % Dec
107
2,600
*84
McGraw
1
32% Dec
9%
No oar
McGraw-Hill
64% Dec
16
9%
No par
17
15% Apr
103
9%
cnrnmon
16
57% Dec
22
200
9%
9%
•:
70% Mar 23
20
33%
t" McCrory Stores Corp common—50o
Apr
1,000
33%
16% Feb
-
17,200
6%
6'A
45% Mar 4 3
88
15,300
7%
33%
common—
preferred
McCord
*6
11,600
34 Va
6'A
cumulative pfd
McCail
7 Va
7'A
7
89%
620
*32%
preferred called
■
*580
6%
common
Co
$3
8
34%
35'A
33%
fn
4
86%
87
620
'585
6'a
25%
Electric
May
$3
Feb
4,800
*32%
CO
55
-
34%
400
10
6%
30
L)
56% Mar 31
24% Mar
84%
10
10
33%
16%
(Glenn
$3.40
670
90
10
10
*6%
preferred
cum
9%
*89'
10%
*10
*32%
35%
Martin
3
11,800
6%
16%
4
7 Va
29'/a
33%
34%
Feb
'
30
287/a
*6'/8
No par
No par
44
620
;
*32%
*93%
4%%
Mar Z9
,
6%
*93%
20Va Jan
28
7%
;100
1
2
2i% Dec ?7
4
57% Nov
17
7
34
Mar
Feb
7
34%
97
-
6
*585
G20
34%
10
2o%
♦580
34%
32-
23
620
1
15,100
5
Field & Co com
85% Jan
28% Nov
*565
34%
Marshall
10
20
35 Va
No par
2
$3.75
17% Jan
84%
33%
*76
12
18
83%
35
18%
Jan
Jan
10
87%'
34%
76%
99
83
10%
85%
58
10
1
*10 Va
34%
18
Jan
Apr
10
88
34
76%
35% Mar
3
10 Va
9%
85%
57%
99
89
90
18%
P4% Mar 25
7
90
10%
76%
21
Jan
90
10%
58
Dept Stores
*3 75 preferred
83
89%
10
9%
18
Master
Mar 29
90%
10%
76
16
95
90
Va
*57
21
Mar 11
90%
10
6
37% Mar
98
90
10
26% Feb
5
29
50
conv
32% Feb
92% Jan
47
Midland Corp
cum
6
Dec
28%
preferred
4%
23 % Mar 15
,
29 Va
Marquette Cement Mfg Co
99
.
28%
1
33% Mar 14
3
28%
Exploration
20
91% Jun
s
28%
;
23
4
23 Va
21%
No par
Shirt
25 % Dec
4
Jan
28%
700
51
136
20%
21'A
Co
37% Dec
Jan
22
20%
50
Martin-Parry Corp
Masonite Corp
,18
•15-
18
50
*133
21
1
Corp
7
Mar
13%
13%
51%
136
133
1
Bros
31
Dec
34
■/«
13%
*50
20%
10
Sugar
'7% Apr
7% J in
5
51%
136
21%
Mahoning Coal RR Co
21
13%
13%
51%
*133
21
(The)
Dec
51%
21%
No par
Co
13%
136
21 y4
Copper
Magnavox
51%
100
Magic Chef
Mar 23
35% Mar 24
*13%
*133
No par
Square Garden
6% Dec
4% Mar 10
22% Jan
Dec
24% Oct
64
546
50%
No par
92'/2 Jan
7% May 27
Dec
13%
133
X133
5
Inc
5% May
6
x50%
100
Macy (R H) Co Inc com
4%% preferred series A
81% Mar 16
13 Va
common—10
Forbes
preferred
105%
95
30
50
96
108
40 Va
~10
13,200
23
24
The Commercial and Financial Chronicle...
(1572)
NEW
YORK STOCK
Range for Previous
tear
4
Feb
103
4
26% Jail
3
30
126 % Jan
21'/« Jan
29% Sep
8% Jan
11
26
114
Jan
7
Middle
46% Mar
3
Midland
141
Mar 11
25% Jan
21
29
Mar 24
13
22% Jan
6
15%
C96%
29
Jan
28% Mar
6
4
Minn
22
103% Jan
19
105
14% Dec
31
12% Jan
4
82
22 % Apr
6
1
12
85% Dec
29
Jan
20
89
24 % Dec
8
23% Jan
7
30
5i% Jan
21
24% Aug
5
22% Jan
6
15
-
$5.50
1st
$1.50
2nd
18
6iy4 heb
24
Minnesota
6c
20
24% Feb
18
Minnesota
Power
44% Feb
38% Dec
31
36
23% Nov
19
22% Jan
17
54% Dec
22
50
26
8
8
30
76
4
10
Sep
79% Sep
81 % Dec
5
26% Oct
20
.
40
4
Mar 17
Jan
Jan
Jan
Minneapolis Mollne Co
1
4
4
Mfg common
preferred
Mar 22
15% July 19
8% Jan
15
Mission
Mar
2
59% Mar
2
6
18% Mar 11
91% Mar
7%
91% Feb
28
25"% Jan
4
18% Feb 23
Mojud
5
27 % Aug
21
Mar 15
24% Jan
7
Monarch
79% Mar 29
98
Jan
18
23% Jan
6
16% Jan
16
106% Dec
8
Jan
4
25% Sep
14
31% Jan
4
39
Dec
31
31% Feb
1
49% Jun
3
56
4
19
Jan
12% Jan
18% Dec
4
53% Nov
23
21% Mar
23
Apr
19% Jan
4
13% Jan
7
29
106
Jun
9
18% Jan
11
42% Jan
18% Sep
47% Feb
52% Jan
4
Motorola
24% Mar
3
Motor
30% Feb
4
37
Jan
111% Sep
31% Dec
1
Motor
Mueller
*28%
28%
24%
Brass
21% Mar
7
4
Murphy Co
Feb
111
Jan
25
1
104
28
Jan
6
38% Mar
Dec
22
61
Jan
4
70
2
41
Feb
21
47
4%%
2
Mar
4%
2
139
*138
96
28%
28
28%
28
28%
25%
25
25%
25
25
18
95%
105
*104%:
17%
17%
89
27%
27%
59%
60
18
18%
110%
'
17%
*104%
105
21
59%
92%
105
*104%
17%
17%
88
18
89
89
17%
108%
95'A
94
95%
*26%
18-/8
110%
109%
112
8S
17%
'
*88
*28%
28%
18%
18
1,100
26
25%
109
80
139
9,500
18%
105
110%
4.000
90'A
91%
3,900
*104%
18
105
18%
89
160
89
*.%
27%
27%
28%
30
58%
60
39,500
22%
*88
%o%
%
10,300
108'/2
93%
59%
58
57%
58%
800
23%
23 %
23%
23%
23%
23%
23%
58%
23%
23%
23%
39%'
40
39%
40
39%
39%
39%
39'%
39'A
39'A
3,100
24%
24%
24%
25
24%
25
24%
247/s
24%
24%
13,100
59
59
58
58%
56%
58 %
56 »A
57
56%
56%
4,300
33,600
6,600
2,500
15%
16%
14%
15%
14'/a
14%
14%
14%
14%
14%
88
87
87%
85
86%
84%
85%
84%
85
5,800
pfd_100
20
84%
86
83
84
82%
83%
7,600
23%
24%
23%
24
*23%
16%
17
No par
23%
5
112%
*16%
23%
22%
112%
111%
112%
28%
No par
1
36%
36%
32%
33%
Co
78%
79%
No par
28%
29'A
82%
83%
24
24
*23 Ya
24%
16%
16%
16%
*16%
16%
1,300
23'/a
22%
22%
22%
22%
2,100
112
23%
83%
24
23
16%
5
Co
112%
111%
16%
29%
29%
28%
27%
113
28%
35%
36%
36
35%
32%
33
32%
32%
78%
.*
36%
33
-36%
1,600
114
112'A
32%
a
83
28
27%
X35
12,200
5,100
.
35%
2,900
32%
32%
12,900
77%
78%
I 27,900
79 %
76%
78%
77%
78%
19%
19%
19%
:i9%
19%
19%
19
19%
19%
19%
No par
19'A
20%
19%
19%
18%
19%
19
19%
18%
19
7,200
X48'A
49
48%
48%
48
48%
47%
48
47 %
48
6,900
23'A
23%
23%
23
23%
23%
23%
23%
23%
7,700
28%
28%
28%
27%
28%
27%
27%
27%
28%
37%
37%
37%
37%
38
37%
37%
377/«
38
23%
22%
23
22%
23
23,%
22%
22%
23
Lines
12
A
23
10
5
-
1
;
.
Inc
preferred
'
V
■>
Myers (F E) & Bros
-
3,700
2,300
3,500
-
7,900
19%
*19
19%
18%
19%
18%
187/.
18%
18%
1,700
42%
42%
42
42%
41%
42'A
*41%
42'A
41%
42
3,100
105%
**105
*105%
105%
105%
105%
*105%
105%
34%
105
-
10
35%
35%
50
com
=
105%
-
100
preferred
•
19
1
common
37%
23
5
(O C)
,
28%,
1
Corp
Murray Corp of America
Mar 18
18%
112%
89
5
Co__
Mfg
Munslngwear
47
18
*104%
*138
24%
25
Q'S
138'/a ,139
*28%
112
1
Corp
Mullins
45% Dec
4
139
Corp
Wheel
3
3
31
61
139
Inc
Products
25% Jan
Mar 14
139%
87
(John) 6c Co
42% Mar
3
Jan
2,300
*138%
3
Morrell
18
44%
100
(The)
Moore-McCormack
41% Mar 21
2
44%
A
conv
Montgomery Ward 6c
8
7
44%
Co
Co
3
22% Mar 11
43%
10
Co
20% Feb
27% Mar 14
15
-
Oil
21% Feb
*
39% Jun
Power
Monterey
3
33% Jan
43
com__No par
Utilities
44% Mar 14
28
42%
5
Tool
Chemical
16% Mar 14
28% Mar 24
44
1-25
Montana
12
38% Dec
1
44
104 %
106
No par
1
Mills„
Machine
Monsanto
-
3
85% Jan
12
44%
Wc
13
39% Jan
38% Jan
20% Jan
11,100
44%
100
25
Light
RR
Montana-Dakota
Mar 14
23% Aug
2
28% Dec 31
28
6c
Carpet
Co
15
75%
17
16% Jun
32%
Paper Co
IMissouri Pac RR 5%
Mohawk
11
Mar 14
.18% Jan
32%
common
series
Fbe
34% Mar 14
29
30% Jan
Ontario
32% Feb
118
32
80% Aug 23
18% Dec 20
4
,
11% Mar 24
6
11,200
33
preferred
preferred
17
71 % Jan
105%
32%
preferred
conv
Missouri-Kan-Tex
3
15% Jan
Mar 31
105%
32%
No par
Corp
23% Mar 17
13
106
32
Development Co
Mississippi River Fuel Corp
17% Aug 27
19% May
104%
32%
Mission
27
6
Jan
105 %
32%
1.50
No par
Reg
6c
Apr
37
105%
33%
No par
Minneapolis-Honeywell
4
$4
Shares
106%
32%
Minn St Paul & S S Marie—No par
Mar
24
the Week
10
Mar
Jan
Apr. 1
105%
Corp
99
Min
Friday
Mar. 31
5
Minneap 6c St Louis Ry
18% Mar 30
Sales far
Thnrsday
Mar. 30
100
118
9% Jan
4 V» Jan
Oil
PRICES
Wednesday
Mar. 29
10
preferred
Midwest
1
SALE
Tuesday
Mar. 28
10
Inc
common
6
80
19'/* May 26
61
1st
Prod
25
71 % Jan
Jan
8%
Utilities
Steel
HIGH
AND
Monday
Par
Petroleum
South
Jan
90
106% Nov
27% Jan
STOCK
Jan
109% Nov 30
5
Feb
Mid-Continent
24
35% Mar
25
YORK
LOW
EXCHANGE
21
21
May
NEW
Jan
Dec
102
3
133
I
27
Dec
16% Dec
4
Jan
55'/* Jan
11
37% Jan
6
15
26
8
21
Jan.
Highest
Jan
98
9
Dec
137
since
30% Jan
16
Dec
32% July
40% Oct
6
20'A Jun
67
Range
Lowest
Highest
65'A Jan
RECORD
STOCKS
1954
Lowest
EXCHANGE STOCK
Monday, April 4, 1955
70
70
*68
70
*68
71
43
43
43
*42%
43
No par
*42%
100
117%
1
59%
61
1
23
34%
23%
35
34%
35
34%
-
42%
34'/.
34%
71
*68
68%
68%
42%
42 "A
40
42'A
5,600
-
400
•
400
N
74% Mar 29
30
Jan
125 % Dec
17:
114% Jan
122% Jan
18
2n
Nashville Chatt 6c
St Louis
8
51
Nov
23
12% May 7
13% May 11
20% Jan
4
27
Dec
29
18% Jan
3
47 % Nov
24
37% Jan
6
45
Mar
3
National
Aviation
36% Jan
45% Dec
8
41% Jan
6
45% Mar
1
National
Biscuit Co
4
183% Dec
8
17% Dec
28
15% Apr 21
25% Dec
30
Jan
Jan
-
175% Feb
4
National
Acme
National
Airlines
182
3
Jan
National
3
17% Jan
4
14% Mar 14
28
7%
National
Can
47
Feb
16
National
Cash
26
Jan
4
National
31
14% Mar 14
16% Jan
3
28% Dec
31
25% Mar 14
28
3
22
10
35 % Oct
25
12% Jan
4
41% Aug 17
19% Dec 30
16% May
6
24% Dec
98% Dec
49% Nov
5
Jan
39% Jan
10
10
25
20% Mar 14
17
23% Jan
3
45% Mar 14
.38
Jan
105% Nov
8
63% Dec
29
Janv 4
172
8% Feb
5
7
182
Dec
158
' Dec
102% Jan
147
0
15
13% Dec
14
29
27% Dec
25
31
Mar
23
7
64
156
9
Jan
$4.50
Oct
Jan
66
26% Jan
34 % Dec
24% Jan
-
90
"
Dec
>
Jan
43% Dec
103
28% Jan
Nov
41
Natl
Linen
1% Mar 22
4
42% Mar 25
Service
6
46% Feb
15
National
97% Feb
21
99% Jan
3
37% Jan
6
44% Feb
18
National
Tea
Co
15
9% Jan
18
10% Jan
3
National
Theatres
«
11% Jan
3
14% Feb
18
National
Vulcanized
7
Natomas
14 % Dec
18
13
Jan
19
16% Dec
31
15% Jan
20
105
Jan
31% Mar
86
Jan
13% Jan
94
Feb
40% Jan
12
8 %
1
106
5
39
6
4
11
Feb
25
105
Feb
Jan
99
Nov
17
Dec
2
100% Dec
22
98
31
18% Dec
4
1% ,T»n
Neisner Bros Inc
Feb
J
8
95% Jan
4
7
3%-%
18
92 % Apr
1
16% Feb
1
20% Feb
17
75
Mar 15
77% Jan
18
49% Nov
30
41% Jan
7
4
27% Dec
10
23 % Jan
7
29
Mar
18% Jan
11
34% Dec
29
31% Jan
5
39
Jan
54% Dec
28
48
54% Feb
63
t
4
Air
28
12
Aug 20
25% Feb
21
Mar 30
39
43% Feb
17
.
7
97% Oct
91% Mar
8
96
27%
Jan
4
Jan
5
32% July 30
87% Dec 28
30
5
33% Feb
14
85% Feb
93% Pep
87% Mar 11
90% Jan
14
•
84
Jan
Jan
$3.75
RR
Feb
16
27% Mar 24
33
Jan
39% Jan
28
4
51% Dec
23
48% Jan
6
54% Mar
24% Jan
14
26% Apr
19
25% Mar
8
20
52% Dec
29
47% Jan
6
16% Aug
18
13% Jan
89
38
Apr
6
107% Mar 31
111
'53% July
2
13% Jan
4
85
Jan
4
QQ
Jan
12
100% July
101
Oct
7
18
Mar 23
45% Sep
Feb
73% Dec
85% Jan
23
29
64% Jan
16% Aug 25
16
103% Dec
27
104
15
Dec
26% Nov
26
34% Dec
11
19% Dec
29
6
19
91
100% Feb
6
29% Dec
29
26
Jan
18
26
31% Feb
1
44% Aug 16
109% Dec
31
100% Dec
110% Jan
29
43% Jan
6
105% Mar 17
9
106% Jan
.104% Jun
108% Aug 30
54 % Jan
70
Dec
33% Dec
108
Jan
27
64% Jan
31% Jan
•
T
20
9
21% Jun
For
9
20% Aug
24% Dec
footnotes
see
preferred
$4.11
preferred
28.
12%
12%
123/4
12%
12%
12%
*15%
36%
18%
107
*105
36%
36
36
36
*93
'
36
94
94
*93
15%
107
*105
35%
95
500
35%
*94
1,300
17'A
98
95
10
.
86%
85
87
18%
17%
18%
17%
17
17%
11,700
98%
*98
98%
30
84
17
98
17
*98
17%
98%
89%
92%
8,800
90%
17%
18%
18%
18%
76
76%
76%
*75%
76%
*75%
76%
20
73%
75%
42,500
26%
26%
*75%
70%
71%
71
77
72%
78%
73%
26%
27 %
26%
27%
2u%
26%
26%
26%
f
,
75%
*75%
157/«
109
4,300
-
7,300
_
37%
33%
37%
38 %
36%
38%
37 %
38%
36%
377/.
171,900
50%
51%
50%
51
50'A
50%
50%
51%
51%
51%
10,800
30%
30%
30%
X29%
29%
29%
297/.
29%
30'/*
5,400
82
81%
81%
*81
82'A
92
*92
92 %
82
82
91
91
*91
*350
460
*380
*81%
460
*91
92%
*380
460
460.
-
,
•350
460
70
50
<
'
—
Jr—
33%
33%
33'/a
33 %
32%
33%
32 y.
33%
32%
32%
3,000
63
63 %
63%
65
64%
65
64%
64%
64%
*65..
-3,700
24
24 %
24
24%
24%
24"%
23%
24
23%
23%
39%
39%
39%
39%
39
3"%-
39%
39%
39%
39%
93
33%
*82%
*82%
84
88%
33
84
*87%
88%
93
32%
33
32%
33
18,500
84
*82%
88%
4,100
92%
33%
32%
.
11,100
94
*91%
94
32%
•,
84
84
85
85
300
89
89
88%
*93
94%
*89%
95
120
V 91
300
94%
94%
94 3 4
95'A
94%
95'A
84%
IOO %
100%
100%
100%
*100%
101%
101 %
101 %
*100%
102%
28%
28%
28%
29'A
29 %
29%
28%
29%
28%
29'/*
1,600
52
52%
51%
52%
51%
52%
51%
52'A
52
52%
6,300
2
25
26
*25%
*25%
26
25
*25%
53%
54%
53%
54%
53%
55%
15
15'A
14%
15
14%
14%
88%
50
lo
;
42%
*25%
88'%
43
"
88%
-
42 %
ioo
109%
109%
*109%
No par
71%
73%
72%
26
'
89
89%
*109'%
42%
110
73 Va
74%
..
75%
25%
55%
14%
14%
*8ay«
89
42%.
42%
110
26
53%
-
42
53%
90
560
<-25%
A
•
;■
-470
,
14%
*885/a
100
54%
14%
90
,
22,700
: 7,500
80
•
42%
42%
42%
*109%
110%
•109 %
110%
x72%
73%
72%
73%
X1G%
"■
17
16%
16%
17
16%
16%.
89%
89%
90%
*89%
.90%
100
101%
101%
101 %
*100%
101%
101'A
101%
series.;
100
xlOl
101
101
101
*100%
101
101
100
*100
102%
102 %
*101
102'A
100
x89
*101
89
'
-
10,100
30
-
:
16%
16%
16%
89%
xlOO'A
Inc
96
96
41,500
(Minn)—
■-
101 %
101
*100%
*101'/*
330
101%
102%
*101
10,000
90% <90%
101 %
101
560
-
210
—
_
—
33%
31%
32%
31%
33%
32%
33
49,400
Airlines Inc common_;_10
preferred
05
23'/.
24
22%
23%
22 'A
23'A
217/a
22%
21%
22%
28,000
35
35%
34%
35
34
34%
33 %
33%
32%
33
-.4,000
33'%
33%
33%
33%
34
34%
34
34
33'/*
33%
.
Northwest
4.6%
*86%
*91%
:
31%
48% Feb
18
Ohio
Pbarmacal
Edison
Co
Co
-2.50
.12
common.
46
47
4.40%
preferred
.100
3
3.90%
preferred
-100
97
24
109
Jan
14
4.56%
preferred
_10O
*108%
4,.44%
preferred
1
Ohio
4
Oklahoma
Oil
Mar 18
2i
4%
5
l
24% Feb
15
Gas
Common
Feb
101% Jan
Oklahoma
45%
106%
107
45%
45%
*107%
108
*97
45%
*97
109
109
109
*108%
109
-108
109
*108
108%
97%
45%
45%
108%
109%
109%
97%
97%
*98*/*
99%
108%
108%
*108%
109
108'/.
*108
45%
108
109
97
97%
.
,
.<
45%
6,600
190
.
130
40
100
6c
108%
108%
70
71
71%
70%
71%
70'/a
70%
69%
70'A
70'/a
70%
6,900
10
33%
33%
33'A
33'%
33%
33%
33%
33%
33%
33 y8
6,200
31
Co
108
%
%
37X
%
II
y*
189,100
20
Elec
*19%
19%
19%
19%
19%
19%
19'A
100
*100'A
7.50
23%
com
rights
preferred
Preferred
106%
4,200
No par
Co
19
19#
2,000
15%
*105
107
36%
-
11,100
76 %
14
20
*15%
15%
4,800
8%
15%
32%
109% Jan
35% Mar
37
*15%
15%
12%
8»A
15%
94
*105
94
Jan
28
15%
15
8'/.
15%
8%
8%
15
32'A
Norwich
12
15%
8%
15
1
15
108% Jan
76% Feb
8%
15%
107
*105
100
20
8%
15%
series
Northrop Aircraft
36% Feb
Mar 28
18% Jan
100
21
page
$4.08
22% Feb
2
102% Nov 24
Jan
Jan
3 2
18% Jan
101% Nov
12%
3%
15%
1
series
35% Mar 25
12%
8%
15
20
106% Mar 11
7
26% Jan
95% Jan
-
12%
93
•
series
Mar 28
16,800
5
preferred
16% Jan
2,700
9'A
1
;
-Common
preferred
•
39% Jan
38% Nov
92 % Jan
.
$4.10
24
2
Northern Pacific Ry___i.
Northern States Pwr Co
1
43%
9%
32%
Aviation
$3.60
31% Mar 30
11
American
102% Jan
10
19% Mar
38% Jan
15
17% Mar
9
.
4
Jan
103
28
Jan
102
14% Jan
102% Jan
77% Feb
Jan
100% Feb
28
7% Jan
18
Jan
210
42%
9%
par
I
North
.
43
9%
l
-
Western Ry common
Adustment preferred
89 % Mar 29
43
;
42%
No par
6c
Northeast Capital Corp
Northern Central
Ry Co
Northern Natural Gas Co
5%% preferred
99% Mar 23
2
Nopco
Norfolk
1
45% Feb
11,100
n:%
100
10
110
4,300
43'A
98 %
t
100
24
87% Jan
Mar 25
95
103% Apr
25
108% Mar 18
41%
98%
•
_100
16% Feb
3
40% Jan
29
41
42%
*380
preferred
Chemical Co
26% Feb
.
41%
43%
99
loo
63% Feb
6
8
41
23,800
42%
50
Co
4.10%
4
41
114,400
.
*98%
92%
preferred
103
12
41
17,000
%
63%
■-
42%
*91
preferred
3.90%
Mir 14
30
Jun
41%
16%
%
98%
loo
3.60%
25
36% Nov
Jan
16%
62%
.
%
42%
82
—
7
3
104 % Oct
•8% Jan
64%
98
30%
preferred
6
81
.; %
42%
*81%
Shipbuilding Corp
3.40%
7
16%
%
%
64%
42%
No par
preferred
14
7
101% Jan
16%
62%
16%
%
64
98%
40%
10
preferred
25
13
%
65
*98
42%
No par
Corp
common
Niagara Mhk Pwr Corp com_No
Jun
93% Jan
16%
(16%
2,800
43%
No par
York
Jan
100
170
900
'
State Electric & Gas
Corp—
Y
17% Jan
19
149%
100
9%
Haven & Hartford Co_100
Preferred 5%
series A
100
92
Nov
149%
,
-
43 '/a
New
100
102
149
80
61%
179%
9%
20
Harlem
Jan
29
,
60%
*178%
/
43%
1
,
non-cum
86
5
12,200
-' .104
*-
61
179
9%
100
Central
Common
•
239,100
9%
1
New
11
82% Jan ,25
25,100
1 i<i
164%
#
43%
No par
N
44
47%
1%
Chic 6c St Louis Co-
28
Jun
v,
9%
5
34% Dec
91
149
600
.
43%
1
Brake-
12
35% Apr
'
9,800
35,800
95'/*
47%
1%-,
104
60%
179
148
147%
147%
104
•
613/4
180%
23y.
2iy«
21
1
•*.
95% Jan
10
•
•
90
Y
105:'
61
*179
23%
*93%
98%
42%
*98
lo
470
&
*104 '
1%
23%
21%
5
Co
common
preferred
Y
'
62%
179
%
.64%
42
41
10
Corp
12
'
16%
1
18%
York
N
17%
65
83%
Common
3
.
19
New
N
*146%
83%
York
$5
;
1 ib
1%
105
61%
179
82
Mining
Industries
New
10
*104
105
*104
17
28
66% Jan
48
,V
*98
Oct
6
47%
1
1%
17%
Jun
% Jan 17
49%
ir.
17
com
common
515
60
47%'
100
6
22% Jan
48
G4
common
Dock
8
46'/a
46%
46%
i
City Omnibus
67% Sep
25 % Aug
95
22%
20%
;
1
York
2
*93%
No par
Fibre
York
7
95'A
No par
New
Apr
21
95
10
New
14% Apr
23%
20%
95
12%
4
51
23 %
21%
93%
26 %.
24
Mar
23%
20%
12%
86% Jan
37
23%
95
25%
33% Feb
7
23%
21%
12%
6
30% Frb
23%
21
*93%
5,600
26
81% Mar 14
Mar 23
15,900
12%
27% Jau
'22
7,400
38%
257/.
13
Jan
21%
38%
12%
16
>
21%
38%
26%
97
500
21%
38 %
.
12%
95
4
21%
>,
25%
31% Dec
Mar 10
;
39
;
14
Jan
22
38%.
;
12%
20
Apr
21 %
39%
26
Jan
348.
22
38%
12%-
85% Jan
Oct
21%
39%
98%
New York
18
22
25%
Newport News Ship & Dry Dock
15
Jan
21%
38%
98%
4%%
10
32% Apr 21
15% Mar 9
25,100
17
Newport
78% Mar 30
18% Jan
14%
26%
*93
Newmont
697/a Jan
13
14%
26%
loo
New
18
17,300
15
26%
12%
preferred
New
Oct
78
25%
14%
26%
England Electric System
1
Jersey Pr <fc Lt Co 4% pfd_100
4
2
25%
14%
26%
25%
Inc
Newberry Co (J J)
Mar
101
25%
14%
26%
12%
preferred
Feb
18
Mar 30
25%
25%
14%
25%
Corp
4% %
10
25%
26
26%
No par
16% Jan
37% Mar
12,200
1
Co
Nehl
105
90% Mar 16
12
9% Mar
15% Mar 28
20
73% Dec
25% Jan
■*'
10
35
14
5
6
July 22
May 11
67% Jan
7% Jan
July 26
4,700
44%
14%
itV *:
common
10% Sep
11% Apr
8
14%
437/a
26%
.100
1
4
14%
44 y«
14%
1
Corp
Ref Co
17
4
14%
43 y.
26%
5
preferred
6% Feb
Jan
14%
44%
Cast-No par
Supply (The) Pa
4% %
; 120
14%
43%
14%
%
National Sugar
38% Jan
14
25%
179
14%
'
:
'
33% Jan
11% Jan
24%
179
10,300
26 %
10O
Corp
6
-4% Jan
14%
44%
5
common
common
9% Nov
•
14%
43%
—
National Steel
6
8
15
179
179
1
Shares Corp new
Rights
3
179
44%
25%
180
17
1
Stores
Malleable 6c Steel
National
180
14%
147
National
17
16%
17
43%
147
23
4
*178
178%
100
30
Dec
6,000
178%
B
Feb
66% Jan
2,100
43%
preferred
Feb
-■
39%
42%
6%
27
1
33%
43%
63
14
25
39%
42%
16%
179
;; 21
Jan
39
43%
62
1
% Apr
16%
39%
43%
179
11
58 '
31
167/«
*38%
5
31
>
>46
16%
39%
43%
100
11% Jan
Mar
17%
39%
A
23 % Jan
1,400
7,400
43'/.
preferred
16% Apr
19
59%
227/a
40
7%
4
59%
22%
43%
No par
Co
330
59%
22%
5
preferred
Lead
1
122%
59%
22%
39%
1
Gypsum Co common
rights _i.
:
National
118
09%
22%
43%
Common
12
Feb
182% Jan
118%
59%
22%
25
common
pfd series of 1951
National
♦117
60
b
Inc
Co
Distillers Prod
4%%
13
104% Jan
Mar 14
Lines
23
17 %
118%
*117
118%
23%
*59%
10
new
preferred
Department
National
1-& Mar 30
5
54% Jan
179
10
Jan
55% Jan
% Mar 22
141 % Jan
National
3
97
M ir 21
Corp
Register
City
conv
16%
*117%
5
National Cylinder Gas Co__
National Dairy Products
Mar 16
93
i
$1.25
10
18
16% Jan
2
93% Jan
20% Mar 14
37% Jan
21
4
8
Jan
24
1
117%
10
100
Naitonal Container
16% Dec
5
Inc
common
A
6
18
87% Jan
preferred
Fibres
Corp
11
17% Feb
20% Jan
Automotive
Feb
19% Jan
Dec
Co
21% Jan
37
10% Jan
62% Mar 10
26% Jan
6
15% Mar 23
21
11
47
20% Mar 14
19% Aug 26
4
172% Jan
■
,
4.24%
Natural
series
Gas
101
23%
101
23%
101
101
23%
-
...
23%
*108
T
101
23%
101
23
3*
19%
101
23%
31
600
19%
19%
101%
101%
370
23%
23%
-7.500
-
Number 5417... The Commercial and Financial Chronicle
Volume 181
(1573)
NEW
YORK STOCK EXCHANGE
■•are for fmlnt
Year
Lowest
Bute since
-
Highest
-
t
Jan.
Lowest
NEW YORK STOCK
EXCHANGE
1
Highest
16
5
9y* Jan
4
15
4
97y« Dec 30
73
Jan
44% Jan
60% Dec
3
127% Dec
3
Dec
11
July 23
35% Nov
83
Apr
99
Jan
11
77% Jan
12
94%
1
8
5
18
68
31% Jan
31
4
Otis
Jan
14
16% Jan
4
99
Jan
3
Dec
23
67% Jan
17
104% Dec
31
98% Jan
6
•
34
Mar 14
94
Feb
64'%
X63
83 %c
35
36
No par
«fe
♦92
94
Mfg
Co
Oxford
45% Mar 80
100
17
64
No par
Marine
Mar 28
$5
Paper Co
SALE
PRICES
Sales for
Wednesday
Thursday
Friday
Mar. 30
1
*16
5
Mar. 31
Apr. 1
com
99
53%
52'A
118
16'A
102
53
52%
117'A
117'A
16 Va
16%
102%
16%
101
the Week
Shares
101%
64 %
63%
63%
63%
63%
36%
37
36%
36%
97
92%
92%
92
92
•16
16
84
X40
108 %
16
108
109%
82
109
64
2,100
37'/a
3,300
93
70
16'/a
200
82%
82%
4,500
109
109%
45%
42%
44%
42
44'A
98
100
1,080
64
16
X82
85
26,200
37
43
42%
99%
16%
62%
109 %
108
39%
*16
V
103%
•92
16
400
16%
102
37%
13,300
117
16'/a
%
83%
100
53
117
36 %
*93
110
38%
..No par
*117
16%
103%
16%
109
13
—
preferred
52%
120
85
81%
12.50
53%
16%
103
Owens-Illinois Glass Co
14
*118
16%
103%
103 %
Corp (The)
Owens-Corning Fiberglas Corp
Mar 28
85
115% Feb
53%
120 %
16%.
100
Overland
•
53%
120 'A
1
preferred
Elevator
Outlet
HIGH
Mar. 29
53
100
common
convertible
Outboard
14
Jan
Mar 24
16
5
Corp-
4%%
Mar
38% Jan
6
92
<
Oliver
17% Mar
105
Tuesday
Mar. 28
Corp—
Conv preference 1951 series
122% Jan
6
10
Monday
Par
Common
57% Jan
26
Jan
61% Jan
Dec
76
Jan
13% Jan
18% Jan
29
13% liar 11
50
114
31
69% Dec
23
49% Mar 14
RECORD
LOW AND
Olin Mathleson Chemical
Feb
Jan
38-
104
STOCK
STOCKS
li>54
98%
97%
98%
98%
99
5,500
43,600
570
.
x
14 % Jan
20
26% Dec
22
22
26% Feb
7
Jan
7
97
Dec
21
93% Mar 18
98
2
7 % Jan
11
12
Sep
22
10% Feb
8
12% Mar 10
Pacific Amer Fisheries Inc
52% Dec
20
48% Mar
3
63
Pacific
May 17
78
Dec
31
67 y2 Mar 16
86
44% May 17
28% Jan
4
62
Dec
29
56
40
Nov
26
37% Jan
82
33% Apr
57
28
Mar 14
Mar 14
33% Feb
15
38% July 14
37% Jan
6
23
12
48
July 12
37% Jan
25
Aug 24
128% Jan
7
114% Jan
13
137% Jan
4
140
154% Nov,
Mar 28
1st
2
Pacific
41% Mar
Pacific
138% Mar
47%
47
46%
39
38%
38 %
38%
40%
40
40%
*40%
100
132'/„
133%
132%
133%
145 J/2
com
18%
18%
18 J/4
18%
18 '/a
18%
18%
82%
83%
83
83%
83%
84%
84'A
101%
*100
101'A
11%
12%
12
12-; a
12%
12%
37%
38
37%
37%
37'A
37%
*45%
46%
*44 %
45%
1
Panhandle
Jan
3
Paramount
21% May
6
30% Jun 22
45% Dec
31
41
Feb
14
%6
Mar 21
Park
38% Dec
3
Mar 30
Parke
35% Jan
15
«% Feb
17
45% Aug 19
11% Dec 27
7
100
7% Feb
2% Apr
5% Dec
Mar 21
104
3
Jan
34% Feb.
9
50
41 y» Jan
6
45'A Jan
10% Jan
4%
13% Apr
1
Parmelee
7y8 Jan
5
Patino
7% Feb
6
2
Peabody
15% Dec
22
14% Jan
6
18% Mar 31
49% Dec
29
47
7
54% Feb
4
38% Oct
8
23
Feb
10
27
Oct
28
29% Mar
24
29% Jan
26
Dec
Jan
36% Jan
28
5
29
24
10
Feb
44
14
5%
y2 Mar
8
25'A Jan
$1
29% Feb
24
29
Jan
31
$1.30
Dec
7
82
Jan
11
91
Feb
14
8
74
Jan
6
91
Feb
15
Penn-Dixie
37% Apr
19
55
6
46
Mar 30
57
Jan
3
48% Feb
25
Dec
Oct
41% Mar 14
25
107% Jan
105% Jan
Mar 18
108
Nov
4
15% Mar 25
25
Dec
29
22
6
111
3
107% Feb
2
53
Nov
30
45'/2 Mar 14
5
22% Dec
13
19% Jan
26
35% Dec
14
34% Jan
Mar 18
4
Mar 26
13 y« Jan
4
Feb
11
169
57% Dec
10
18% Dec
31
73% Nov 16
101% Feb
9
108
18% Jan
4
28
Aug 30
Sep 21
Aug 27
Nov
26
15% Jan
31
37
8
173
52
Jan
25
36 Vs Jan
37% Jan
25
113
40% Feb
1
90
Jan
11
Mar 11
861/4 Mar
3
37% Mar 23
40% Jan
2
97
4
75% Dec
31
6
69% Jan
6
5
11
% %
5%
Mar 16
42% Feb
21
Feb
23
Pitts
C
25% Feb
2
Pitts
Coke
92
Mar 29
$5
95
Mar
1
$4.80
42% Mar
76% Dec
30
67% Feb
7
81
Mar
4
18% Dec 23
15% Mar 14
29
16
158% Jan
62
17% Apr
Jan
May
14
8
4
32% Dec 30
29% Jan
6
4
40% Dec
7
37% Jan
26
14% Jan
4
20% Dec
29
19% Mar 15
233/8 Jan
16% Jan
7
20%'Nov
24
19% Jan
5
22 Vi Mar
99 V* Dec
20
91
8
68
Feb
17
Feb
122
Jan-
19% Apr
3
86
*84
*36%
37%
*95%
98
*95/4
98
76
78%
75%
76 J/2
74%
76
39%
40
39
120
♦114
120
893/8 Jan
40% Jan
4
66% Dec
253/4 Jan
3
313/4 Feb
18
32% Apr
7
102% Feb
18
16
104% Feb
21
47
Jan
4
74% Dec
Sep
7
111% Nov
16
67% Jan
6
104 U Mar
8
6
107
28
Jan
143
Jan
5
21% Jan
15
22% Jan
4
35% Dec
7
o2i/ P60 „3
27% Nov
16
73% Feb
6
30% Mar 30
148
78%
97
No par
preferred
of
5
No par
Colorado..
97%
11%
♦79
300
26
26
2,500
26%
7,300
*146%
*146%
26%
26%
26%
26%
114%
*113 %
114%
*113%
19%
*19'A
19%
19 Va
34'/«
33%
34%
38%
*38'A
38%
21
20'A
114%
19%
900
34
34'A
6,b00
39%
39%
21%
21%
22
3,100
20%
20%
20%
5,600
;
97%
97
97%
96 Va
11%
12%
11%
11%
11%
11%
79'A
79
79
78%
79
79
79
42
41'A
41%
42
42
39%
39%
39%
39%
40
41%
41%
42%
41%
39%
4 (f
39%
39%
39%
100
85%
85'%
25
*25%
25%
*85
25%
86%
25%
*85
25%
97%
4,800
330
2,500
6,100
86'A
*85
86'A
*85'A
86'A
20
25%
*25%
25%
*25%
26%
500
25'A
100
*25'/a
25
25%
25%
*24%
29%
30'/.
29%
30
29%
30
29%
30
29%
30
31%
32
31%
31%
31%
31%
31%
32%
32 'A
32%
101%
101%
*101 %
103
*100%
101%
101%
101%
101%
103
103
•101%
105
*101'A
102'A
102'A
103 '/a
Pure
5%
El & Gas com
—,
Inc
Oil
No par
(The)
conv
Quaker
'
30,800
Va
No par
Pullman
11
600
97
12
No par
common
preferred
Oats Co
100
(The)
35%
35%
36
6,900
69 %
69%
69 J/4
69%
69
70
69 Va
69%
69'A
69%
4,000
81'A
80'A
80%
80%
*104
80%
105
80'/2
81
'104IJ
105
5
30%
*149 %
150'A
29%
29%
No par
42%
44%
42%
No par
82%
83%
82 Va
7%
7%
7%
9'A
9'A
9%
*98%
31
23
21
4% Mar
8% Jan
3
RKO
1
Corp
1
7%
10 y8 Dec
22
8% Mar 14
9% Jan
3
RKO Theatres Corp
1
9'A
100% Jan
12
100
►98%
99'A
No par
51 'A
51'A
pfd
410
35 3 8
84% Feb
—
350
35%
45'A Feb
Ralston Purina Co 3%%
6,400
35%
6
Raybestos-Manhattan
20,300
35%
5
Pictures
101
25%
103'/2
18
1st preferred
*25'A
35%
7
$3.50
25%
35%
10
preferred
*25%
35%
100
com
Radio Corp of America com
6%
25%
*101'/2
81% Jan
190
87%
11%
36% Jan
28.
*113
26'A
13,600
78
79
5
page
26%
27%
78
97%
22
see
114%
<
27
*86'A
11%
29
_For_footnotes
26
♦146%
26%
87%
12,100
preferred
100
4.18%
preferred
100
Puget Sound Power <& Light Co__10
20
4
26%
78%
7%
7%
dlv preference com__No par
Serv
4.08%
81% Mar 30
53% Mar
*113
60
...
79%
8% Dec
7
26%
41%
Quaker State Oil Refining Corp
26
26%
10
3
Feb
26 Va
26
of Indiana—No par
Co
14
Jan
87'A
*78
20
6,000
27%
87%
15,600
69
26%
27%
78
18%
'66%
7%
87%
2,900
18 '/a
68'A
7%
26%
76 %
lb7
7%
78
76
162
68%
28'A
70
200
90
*165'A
7.%
88
2,700
94
90
*160'A
67%
78 J/2
22%
22'A
*90%
t
17'A
7%
27%
88
120
166
68'/2
98
Gamble
&
cum
1,700
*114
1,900
162
66 %
21
30% Feb
47
166
20%
153Ms Jan
98
17 Va
*160'A
20%
-
39 y4 Dec
6
17%
20%
20%
6
99 y4 Mar 29
16%
20%
20%
10
Mar 15
52y« Dec
>7%
16%
20%
$1.40
13
33% Jan
16%
20%
No par
Power.Co
60
39
77
77%
20%
class B
Electric
88 y2 Nov
4
*76%
78%
20%
Co
4
12
77%
78
*146%
27
28
Jan
90
20%
&
26%
55
*38'A
94
*89
*77%
•
11
37
/91
90
38%
28 '/u
Jan
90% Jan
92
33'A
26% Jan
Jan
23'A
91%
68
2% Jan
76
22%
*88 J/2
13
104
23
23%
17,900
55
120
90
*18%
Pub
1
109% Jan
16%
*12 Va
38%
92
75%
*103
55%
103
92
20
98
75'/a
13
10
36%
36%
*95'A
75%
23%
*88%
39
preferred
preferred
4.16% preferred
1
Jan
*1/4
ft 2%
34'A
3 % %
23
29 y8 Jan
63
120
38%
4.32%
5
28% Jan
29
***38%
34
$4.75
26
Mar
39
38
Poor
6
26% Jan
37
♦114
64'A
34%
Potomac
3
33% Mar 14
*38%
*11%
103
38
1
24% Mar 15
100% Feb
55%
102%
34%
Serv
9
23%
54%
102%
1
Co
Pocahontas
Serv Co
July 20
(23 %
55
103
5
Creek
Public
102
*114
13
54%
*101 %
19'A
Public
99% Mar
*11
39
55 %
19%
4
6
13
103
19%
4
29% Aug 17
31% Dec 31
*11%
54%
*102'%
114 %
Jan
103% Apr
104% Nov
13
25
75
19%
41% Jan
2
*11 y4
85
*36%
5
Pond
5
13
*84
86
37%
97
preferred
conv
43
4
100
*84
*36 J/2
97
%
100
5% %
1
2
4
86
85
37%
98 %
26
37% Feb
25% Jan
100
26%
*113
17
25% Jan
17,700
86'A
*146%
46% Nov
97% Jun
39%
*87 %
1
7
Mar 21
39 '/a
88'A
100
18
84
39%
*87
85
pfd
35% Jan
25% Jan
39
87%
37%
common
33% Jan
3
39%
87%
*97
Publicker Industries Inc com
23
91%
39
89
100
(The)
Procter
Mar 19
*90
39%
88
1
92% Mar
91%
*87%
78
8
27
*90
X39%
89
27%
Co
20
92
*50
90
40%
*87 %
Pittston
92
10
112
40%
Pittsburgh Young & Ash
14
*110
"go
107'A
90
*87%
*77%
3
26% Dec
*90
107'A
112
*84
com
80% Feb
7
*110
100
Co
123/4 Jan
12
111
106%
*36'%
Co
6
15
10,000
Co com__No par
10% Mar 14
Sep
37%
100
77% Jan
82% Jan
36%
2
31
25
37%
No par
20
25% Jan
3 7'A
100
Jan
38% Mar 14
14,400
38%
No par
12% Dec
Aug 10
16
37%
loo
80
43
15%
38
100
35% Mar 18
Mar
15%
37%
No par
43
102
15%
38%
100
72% Mar 16
9% Mar 31
15'%
38 %
10,7%
preferred class A
1st series prior pfd
Pittsburgh & West Virginia
Plough Inc
Plymouth Oil
Jan
15%
111
106%
5%%
3
16% Feb
15%
*101
5%
25
108% Jan
110 %
15%
guaranteed
Steel
10
*109 %
Pittsburgh
Jan
102
15%
7%
30% Jan
*101
111
7%
25% Jan
102
15%
3
20
115
*109%
*106%
68 %
27% Dec
25 'A
*114%
1
107'A
67%
3
l,o00
25%
114'A
106 %
102
166
24
10,300
2o'A
25%
114'A
105%
oqq
162
31
38%
37%
20,900
102
162
80% Jan
2,120
74
*100%
*106%
166
90% Feb
37%
b'l
101
115
166 %
30% Jan
111%
56%
*99
*114'A
163
85
37%
1,000
115
166%
76% Mar 11
21
25 J/8
28 %
*114'A
*113%
163
24% Feb
18% Nov 30
38%
109
106
115
166%
29
24
57%
163
30
22
109'A
56
16%
31
1
31,200
166%
Dec
10% Feb
4 5'A
*104%
3
Forglngs
8'A Jan
28% Feb
4 4'A
109
Pittsburgh
5
150
43%
57%
78
Jan
25
3,903
42%
109%
1
70
Jan
9/a
43%
55%
90
Mar 14
24% Mar 14
9%
9%
*160%
Dec
160
*28 V4
108%
91
7%
2,000
9%
57%
25 %
37,500
71
28%
57
37%
400
19%
19%
*69
106
108
25 %
200
1,700
71'A
9%
108%
38%
10,900
36%
28%
41%
25%
20'A
160
*104%
43%
108%
38%
4,300
29
42%
25 %
47
380
106
43%
38 %
85,600
71
19%
42%
57%
310
27 '/a
20 Va
71
9%
109%-
106'A
26 Va
159 %
71
9%
1
87
29
29
19%
*69
110%
*35%
9%
preferred
100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw & Bolt
No par
30% Dec
Dec
*104%
29
71
& Chic Ry com_l00
80
Aug 26
106
*69
10,300
46%
36
9%
91
1
4
31
*104%
28%
29
*89
Pitts Ft Wayne
4
150
105
29
No par
3
11
122% Dec
19%
69%
Pitts Consolidation Coal Co
1
62% Jan
3
*104%
19%
69%
No par
Mar 28
60% Jan
8
19%
(conv)
Jan
6
19%
71%
70%
preferred
163
25
19 J/2
*69
200
44'/a
106 Va
.
157'A
9%
5
preferred
167
Mar 14
*67 %
25%
common
& Chem
convertible
7
7% Mar 21
69 VB
38
St L RR
31
164% Mar
69%
72
2,400
46%
109'A
No par
Pillsbury Mills Inc
$4 preferred
Pitney-Bowes Inc
6
157%
87'A
4,100
43%
20'/«
♦35%
157'%
30
90
*45
44%
100
6
13
20
36%
157%
100
100
14
17
20'A
*35%
19%
No par
common
&
20
36
159
*69
No par
preferred series A
C
20%
36
159
22,100
100
21
116
20'A
35 Va
159 Va
56
Reading Coal & Iron
123/4 Jan
15
35%
12.50
common
57% Jan
Feb
20%
20%
1,800
86%
46'A
100
(conv)
Phillips Petroleum
Phoenix Hosiery
Jan
11
Co
104% Feb
6
87%
43%
l
& Co Inc com
6
33% Jan
115
7
86%
*45
5
preferred
21% Jan
Jun
5
Co
preferred
3.9% series preferred
Phillips Jones Corp com
83
18% Jan
100
America
of
preferred
Corp
84% Jan
89% Jan
Corp
Brewing
preferred
21
146
No par
preferred
&
31
29
33y3c
Electric
31
18% Oct
5
Co
(Chas)
Dec
12% Jan
10
Eastern Ry Co
Mar 21
46% Jan
102
Mar
43'%-
900
41%
89'A
-
47'A
"
79
47'%
43%
43%
46%
3%%
97 y4 Mar 14
Jan
87%
46
*47%
44%
47'A
4%
4
97% Apr
86%
49
43%
'
43%
Philip Morris & Co Ltd common__5
3
45% Aug
5
88%
*47%
89'A
46%
Philco
3
9
87%
1
89
47%
4.68%
4
84
49
90%
46%
Phila
28
Jan
8% Dec
88%
90
48
$1 conv preference com
2
90% Feb
4
88%
90%
47%
4
Mar 30
Mar
35% Mar 17
41 'A Jan
(6% Jan
7
89
par
4.3%
97
71% Nov
90
1
21
9
89 %
107 % Apr
21
Jun
28%
10
90% Sep
52
28%
•27 'A
28
87% Mar 15
5
*28
28%
Pennsylvania Salt Mfg Co
Phila
87 y4 Feb
15
28%
*27%
Penn-Texas
7
37 y8 Feb
Mar
*28
28%
27'/a
7
6
Apr
28%
*27'/a
>27%
18'A
52'A
41%
106 Va
26% Mar
8
169
*28
28%
Jan
13
160
28
*09
Apr
1
28
28%
100
95
8
28%
♦27%
Peoria
44% Jan
13
*28
25
RR
40% Mar
16
Sep
25
25
4%
2nd preferred
Phelps-Dodge Corp
111
July
*24
18
42'A
26%
87
11% Jan
25
42%
106 '/8
19
6
155
*24
.
577/8 Mar 29
11
158
25
27%
1121/4 Jan
12% Jan
24 y« Dec
*24
21
98
Jan
24'A
*159
7
16% Nov
41%
24'/4
106'/a
77% Jan
80
41%
25
26
Pfizer
109% Jan
29
41%
♦24
*106
1
5
Dec
40 %
27%
45 % Apr
3
115
42 %
100
2
Nov
41
s
52'A
106%
Petroleum
32,200
No par
Co common
70,000
7
53
27%
6
22
6%
18%
106 %
Piellier
Dec
7'A
18'/a
52%'
28
4
39% Dec
7
18%
52%
100
110
7
17J/2
*52%
preferred
11
6%
17 %
52'A
3.8%
Jan
6%
17
52
6
104
C%
17 Va
52
Jan
30
6 %
10%
101
107% Sep
5%
48
52
31
11
5%
106%
Jan
6
6%
25
Jan
Jan
7
8,300
100
97
37% Dec
5%
preferred
22
11
5%
4.4%
Oct
20
5%
114% Mar 31
103
Sep 27
5'/2
18
May 28
Aug
5%
5%
'
31
4
16
6,400
5'A
5%
Jan
Oct
53% Dec
13'A
110% Jan
115
104
11%
27%
5
5
9
11%
106%
10
11
6
12
ll'A
50
29% Feb
6
12
10% July 15
ll'A
100
106 Va Jan
Jan
9% Mar 14
Jan
82% July 20
11%
series preferred
18
26
Jan
Dec
ll»/a
4.40%
104% Jan
48
23
11
♦45%
110
Pet Milk
107
May
800
11 Va
109 %
Pepsi-Cola
52% Dec 29
14
44 Va
11
5
109%
10
112% Mar 30
3
44%
*108%
11
4
17
49%
48'A
47'A
109
2u-/u reu
30% Jan
39% May 26
26% Jun
3
47%
*45%
109
73% Feb
29
4
50
44%
109%
3
20
11
50
108%
&
10, tOO
47%
Corp
Peoples Drug Stores Inc
Peoples Gas Light & Coke
4
Mar
77% Feb
Mar i.4
30% Jun
23% Jan
3
^Feb 23
oJ.0
37%
37
67,100
44%
100
Pennsylvania
5,-100
13
45'A
Corp..
Corp com
Light com
No
&
47,000
100%
48'/a
preferred
Jan
67
100% Jun
32% Jan
15
22% Jan
26
Feb
11
39% Dec
51% Feb
155
i'7%
3
?0%
'12%
48%
4 % %
2
.
101
44%
Sand
Power
9 Va
*45%
46%
Cement
Glass
Penn
4
29% Mar
6
Jan
Mar
Penna
101
9'A
44%
5
Penney (J C) Co
80% Dec
45% Dec 31
*8%;
47%
common
preferred
93
113
9 J/4
47%
$1.32 preferred
20
4
4
*8%
No par
27% Mar 17
4
18
11,600
25
37% Jan
3sy« Jan
20,000
44%
preferred
73% Jan
106% Feb
10'A
45%
No par
27% Jan
•
10'A
46'A
45%
prior preferred
Peninsular Telep common
6
9'A
45%
*46 %
No par
Ford
&
9%
46 J/4
1
Enterprises
Coal Co
conv
Penick
14
9%
45%
2.50
Co
Transportation
&
12
38
9%
46'/2.
No par
Co
Proof
Mines
11%
37%
*145 J/2
9%
101
1
Corp
Distillers Corp
&
100%
*9
101
j
Pictures
Rust
4% Jan
23
Oil Corp
Davis
6
10y« May 11
100
Tilford
&
Parker
28
35
7
preferred
5% Mar 14
23
26
Mar 24
9% Jan
3y« Mar 12
Jan
230
9%
Apr
21
148'A
83%
Amer World Airways Inc
1
Panhandle East Pipe L com__No par
40
Jan
149'A
19%
X144
Pan
July
147
♦8%
18
Feb
13
35
147'%
81%
12
9
6
100
134 >A
18%
9% Jan
53% Jan
132%
45%
8b
Mar
7,000
132
47%
20% Feb
93% Feb
1,200
2,360
132%
45%
6
6
29
40'A
Mar
7
Jun
9,600
39
41
*40'A
52
38% Jan
18
34% July
132
•
14
31
Jan
46%
39%
-
41
9%
16% Jan
Feb
46'A
38%
270
144%
71% Jan
7% May
3,300
10'A
19
Jan
40%
144 %
Corp
10
134% Jan
74
9%
100
Consolidated
29
Mar
100
74
40
1
Tin
9% Dec
11% Jan
84
10
45%
38%
40%
410
21,100
39%
47'A
38%
20% Dec
27% Jun
*73
40 'A
40%
63
34
*82
74%
25
4
30 y« Jan
84
74
40%
-
500
62
6%
Jan
83
47'A
J.
62 1
'
Pacific
36
83
41%
*82
75
40%
11
Jan
30
28
86
74
41%
97
ll'A
Jan
40% Dec
107
84
74%
41%
63
23%
97
ll'/a
12
4
103
86
74%
25
May
63
23%
*93
-
ll'A
8% Mar 14
26% Jan
94
85
23
97
il
29
106
63
23%
150
11% Dec
9
61%
*
ll'A
142% Mar 10
4
48
01%
61 %
23%
*93
9
Jan
33
11%
97
No par
Telep & Teleg
preferred
4
31
11%
*93-
23%
No par
Pacific
97% Jan
41
11%
23%
10
Mills
84% Apr
104% Dec
104
95%
No par
No par
noncum
noncum
Lighting Corp
43 % Jan
95%
■*11%
10
:
24%
5
common
23%
100
45% Dec
5
9% Jan
6
No par
Pacific Finance Corp
Pacific Gas & Electric
17
48% Mar
Co
Coast
com
preferred—;
preferred
preferred
2nd
Mar 29
Feb
be
conv
Pacific Western Oil Corp common_4
4% preferred
10
6% Jan
Oct
44% Mar 15
Products
cum
9% Dec
4% May 18
28% July 20
67
31
Mar 29
75
4
46% Dec
•
Pabco
4%
44
17
39% Jan
Jan
Feb
30%
149
29%
50
80%
*104
31
30%
150
150%
81%
105
30%
151
80'A
•104{4
31
151
5,900
29%
30
2,100
42 Va
43%
42%
43
32,000
82%
84
83 'A
84
7%
8
8
8
9%
9%
9%
29%
31
30
*149
29%
43'A
42 »A
43%
82%
83%
84
7%
8
9'A
9%
9'A
100
50'A
*98%
51
100
51
7,400
29%
150
30%
150
29 %
29%
.
105
*98'A
50
.
100
50
*98%
50
350
1,900
4,300
13,000
100
50%
1,100
25
\
The Commercial and Financial
Chronicle.Monday, April 4, 1955
(1574)
STOCK RECORD
MEW YORK STOCK EXCHANGE
Ranee
1954
xear
4
62
31% Jan
4
<59% Oct
1
1
40
Feb
24
6
36% Mar
29
39
27
43% Mar 30
7
38
Mar
2
5
42
Mar
8
24% Jan
14 % Mar 18
18% July 22
5
19% Mar 22
4
12% Apr
Jan
29 Va Jan
16% Jan
16
3
34% Jan
Sep
17
J*n
4*
4
13
4% May
8% Dec
20
7% Jan
3
31
28% Feb
2
32% Jan
Dec 23
64
10
4
15% Jan
3
63 Vb Mar 23
67% Feb
48% Mar 17
6
31'A Jan
14% Jan
4
36% Nov 11
03% Feb
13
11
103 % Nov 23
99Va Mar 11
30
34% Mar 31
34% Mar 31
15
Apr
15% Apr
36
Mar 30
Jan
JLl
Jan
Jan
8
13% Jan
6
31
75% Jan
18
Jan
6
10% Jan
26
11
85% Dec
37% Feb
24
70% Dec 31
Jun
22
61% Jan
12
July
7
17
Apr
1
89% Feb
14
72% Mar 24
9 Vb Apr
7% Mar 14
1
13
Dec
22
44 % Dec
3
40
Mar 11
43% Jan
3
Dec
3
51
Mar 14
53
Jan
88
Feb
10
82
Jan
26
84
Apr
9
101
Jan
20
1Q4
20-
109 l/a Jan
Mar 25
161
12
37
Aug
4
36
Jan
45% Feb
14
33 % Dec
B
37
Dec
6
,31%
Apr
37% Jan
11
77 Va Dec
22
3
28% Dec
29
66'/a Jan
27% Jan
31
Feb
14
7
12% Jan
15 % Apr
1
'
7
13% Oct
4
7% Jan
34% Dec 23
28
Jan
12
40% Dec
23
36
Jan
7
Jan
14
4
45% Oct
21
41% Jan
13
31
24% Jan
32% Feb
Mar 14
24
41
6
17% Jan
18% Jan
3
75 % Mar
11
May
75%
74%
75%
38
38%
38%
38
38
*38
23%
25%
23%
25%
24
24%
3074
35%
35%
3074
34%
35 Va
34%
26% Dec
148
Jan
8
281 % Oct
12
257
Jan
19
98
Jan
18
105% Dec
29
102
Apr
1
25
Oct
4
35
Oct
11
Feb
47% Mar 29
2
28 Va Feb
Mar 28
360
Rexall
34%
68% Jan
25
Jan
18
23% Feb
21
1
48% Jan
3
72% Nov 29
21% NOV
34'A
4,200
43%
45
*43%
45
43%
43%
43%
500
38 VB
*37
38 %
37%
38
*37
38 Vb
*37
38 VB
300
40
*37
40%
*37%
39%
*37%
39 Va
*37%
39%
21
21
21%
21 %
20%
20%
*20
22%
*20 %
2074
600
14%
14%
14%
147 b
14
Va
14%
14%
14%
2,700
Va
v
8%
*8%
♦29%
5
100
60c
25
—_No par
14
li
63%
64%
'*63 VB
41%
42%
41%
"102
14
43%
43%
V
14 Va
14%
Ve
102
104
*8%
30
3074
30%
30 Va
14
14
14
14
14
*63%
64%
64
64
64
64
40%
41%
40%
41%
41%
41%
*29
14
13%
65
41%
101
*8%
300
8%
30
8%
*8%
3%
30
32%
32%
32%
*102
104
*102
32%
32%
15
19
24
38% Apr
dist__——
33 Va
—
1
50c
10
2.50
Inc
Drug
x37%
9
101
104
600
3,800
60
40,000
37%
33
Preferred
3.60%
series
Preferred
4.50%
series
1
5
No par
Rltter Company
No par
Roan Antelope Copper Mines..
Roberstshaw-Fulton Controls coin__l
Paper Co
Rhinelander
'
Co
Manufacturing
Rheem
Oil
Richfield
6%%
Corp
34%
%
50
102
15
36%
37%
15%
14,300
36 Va
—
37
16.300
•
„
•
36 */8
17,700
6%
6%
6%
6%
6%
6%
6%
14%
14%
14%
14%
14%
*14%
14%
14%
15
84% .'85%
84%
84%
81%
84%
82%
83%
83%
83%
26,300
71%
69%
70%
69 Va
69%
69
b9%
69 »/a
69 %
2,700
8%
9%
1-54%
48,200
153%
40%
41%
21,400
70%
8%
8%
156 Vb
154%
8%
41 VB1
40%
40%
54
83%
83%
103%
*51
103%
83%
103
154
41%
40%
8%
8%
155'A
8%
8%
155
152%
41%
10%
*50
54
*50
83%
*83%
83%
83%
103%
103 Va
103%
103%
38%
39%
39
52
8%
155
40%
83%
4,400
52
*50
52
7,300
4,100
84
83%
800
103%
104
103%
960
40
40%
38%
39%
9,000
32%
32%
32%
32%
33
31%
32 %
31 %
31%
3,900
71
71%
71
71%
70
71%
70
71
69
69VB
29
2j%
30 VB
30%
30%
900
39%
40
*32 Va
39%
5,100
*27%
28%
♦27%
28%
29
: 14%
14%
14%
14%
14%
14%
14%
14%
14%
15%
27,y00
30%
31 %
30%
31
30 %
30'A
30 VB
30%
4,900
30'A
25
*38
40
40
37%
37 Va
*3b%
& El Corp—No par
Qas
47
47
47%
47%
47%
47%
47%
47%
47%
47%
26%
27 VB
26%
27
26%
27 Vb
26%
26%
26%
27
5
20
100
1
Spring it Axle Co
& Haas Co common
Rockwell
Rohm
•
30 %
preferred
conv
Rochester
37 Va
6% r; 6%.
'
6%
*51
'
36
36%
'
■
-
14%
10
L-100
100
Common
1
Feb
35
S
4
10.. ,200
*43%
154
preferred series A
4%
18
9
1,000
24%
*37
30 Va
common
series
Co
3%%
$20 liq
Rohr
9% Jan
6% May 27
38%
24%
•
*o7
Reynolds Metals Co com
No par
Reynolds (R J) Tob class B—
10
4
105 Va Mar
25% Jan
14% Jan
5,600
3'i %
35%
8%
Republic Steel Corp..—.—-No par
Revere Copper it Brass
No par
15
40
* 7
11% Nov 11
55y«Aug
Sliures
78
75
38 Va
24
*29%
Republic Aviation Corp
Republic Pictures common
$1
convertible preferred
Max* 31
25% Jan
20
Mfg
Holding Corp
Ex
1
NOV
64
2
2
48% Jan
74%
38
10
Corp
Remington-Rand common
$4.50 preferred
Reo
11
105
2
78
64
% Feb
15
8% Dec
125
Mar 18
05% July
75
23%
No par
prior preference
Stores
Conv pfd
1
7% Feb
44
5% Mar 14
9
47% Jan
33% July
1
Dec
7
14% Dec
46
14
Jan
,
Apr. 1
'
43% Aug 23
4
8
104
No par
50c
Co
Inc
74%
the Week
Friday
Mar. 31
& Co—
$1.25 dlv
Reliance
Mills
76
74%
Thursday
Mar. 30
'
ju
3
28'A Dec
Bit
Bros
(Robt)
Reliable
preferred
2nd
Hosiery
Roller
Reeves
16
12% Feb
31
14% Dec
Co
noncum
Reed
11% Feb 14
31% Dec
3
1
8 V* May
7
55% May IB
_
Mfg
Silk
Real
Reis
24% July
19
preferred
$2
.1
25
5
.50
50
50
5
.
Raytheon
18
36
common
Reading Co common..
4* noncum 1st preferred
Jan
18
Inc
Sales for
Wednesday
Mar. 29
Mar. 28
SALE PRICES
AND HIGH
Tuesday
Monday
Par
25 % Mar 29
31% Jan
13
32
Jun
1
22% Dec 31
Feb
Apr
42 % Dec
1
28
Rayonler
78
29
34
'st "Feb
28
Highest
6
Dec
20% Dec 31
STOCK
YORK
EXCHANGE
37% Apr
15
U
<J0% Jan
NEW
1
57 V8 Jan
NOV 23
13
8% Jan
26 V*
38
...
Jan.
since
Lowest
Highest
(4VMt
25 y« Jan
LOW
8TOCKS
lti(« far Previous
Aircraft Corp
360
*38
"340
3b0
•355
370
*340
103%
*102
103%
*
103%
28
28%
27%
28%
27%
12 Va
102
28
100
39
*340
900
13,400
3u7
102
305
"102
360
*102
*37
39
102
103 %
200
50
27%
29%
28 VB
29 VB
10,400
b
12%
12-/8
12%
12%
8,700
va
13% Mar 24
Ronson
1
13 VB
13%
12%
13 VB
81% Mar 15
Royal Dutch Petrol Co_.50 Guilders
Royal McBee Corp
1
79
79%
78%
79%
77%
78 'A
77%
78%
78%
79
34,900
x21%
22 VB
21'/B
22 v4
2174
2. 74
21%
22 Va
22%
22%
13,200
1
*42%
43%
42%
4J
42
42
40%
41%
38%
40%
5,200
6
16%
15%
15%
lo%
15'A
la'A
15%
1,300
—5
44
44%
44 %
44%
44%
13,700
.10
96% •96%
96
97
100
*108 Va
109%
109
109
Lead Co
10
St Joseph Light it Power—No par
St L Ban F Ry Co common_No par
Preferred series A 5%
100
46%
47 VB
46%
24 %
24 VB
Corp
Ruberold Co
(The)
33% May 21
50 % Nov
12% Aug 23
16% Mar
9
13% Mar 14
15% Mar 21
Ruppert
(Jacob)
28
88% Jan
4
47% Sep
9
42% Mar 14
49% Feb
4
Safeway
Stores
99% Oct
5
95 Va Mar 23
98% Feb
28
14
112% Oct
4
Dec
30
12:
*15
*15
la "b
s
■*
38% Jan
103% Jun
31% Jan
11
18% Jan
44
107 % Jan
40
Jan
22 % Jan
5
Feb
114
21
7
47% Mar
6
Mar
25
11
1
14
23
July 27
Nor
1
30
Dec
21
25 Va Mar 14
62% Jan
8
76% Dec
21
74
Jan
17
83
Dec- 29
284
Jan
17
320
Mar
Dec
15
165
Mar 25
170
Jan
41% Dec
23
40% Jan
11
St Joseph
10
22
211
296
6
Apr
170
29% Jan
10
Feb
21
3
9
12
03% Jan
4
103% Nov
5
101% Mar
7
3
23% May 18
Dec
27
17% Apr
1
103% Jan
19% Jan
6
3
29% Dec
31
26
Mar 14
30% Jan
20
Apr
19
14% May
11
14% Dec
10
12Va Jan
31
22
17% Apr 28
11% Jan
4
24% Dec
31
47% Sep
20
00y4Nov
22
Dec
98
May 26
23
16
Jan
8
108 y2 Nov
25% Jan
4
34% Dec
102
Nov
5
Scott Paper Co common
Mar
98
Feb
107
11
7
Mar
33% Jan
6
36% Mar
85% Jan
4
89% Feb
Dec
31
113 Va Jan
30
22
30
93
Jan
14
92
Dec
42
Jan
4
80
Dec
7
24
Jan
4
33% Dec
15
Jan
5
Dec
17
104
108
45% Dec
31
'
Mar
Mar 31
30
102
120
19
23% Feb
26
83
Mar 14
Apr
43 Va Jan
1
Mar 29
17
108 % Jan
6
July 21
Jan
7
18 % May 24
16
Jan
6
19
57% Mar 18
79y» Nov 26
74 Va Jan
6
86% Mar
33
13
21% Jan
39% Nov 22
12
10% Feb
7
52
Nov
Dec
13
56
25
26
39 Va Jan
18
Jan
4
31x/a Dec
42% July 19
61% Dec
31
56
Jan
18
5
24 y4 Dec
31
22 Va Jan
6
20
16
31
39 Va Jan
Nov
8
22
,11% Jan
31
10
Sheaffer
Shell
4
Sheller
19% Jan
10
47% Mar
Sheraton
Corp
54% Dec 31
48% Jan
56
5
42
6
23
51
35% Jan
4
25% Jan
May
Aug 27
45.% Apr
1
Smith
15% Feb
28
22
13
Jan
31
19
49
Jan
6
1
54
Feb
9
24 y8 Dec
55% Feb 14
65% Mar 28
175
11
189% Feb
14% Jan
Jan
17
17
9% Feb
4
18% Dec
5% Jan
10
17% Jan
19
19% Mar
Jan
19
54
Feb
25
30% Jan
10
37% Jan
3
Mar
49% Jan
54
29% May
43 YA Nov
1
29
52
11% Mar 18
3
(A
Smith-Douglass
Aircraft
South
Amer
6%
40
Dec
23
35
46% Dec
23
44% Jan
13
19
July 28
7
21% Mar
7
Southern
25% May
28% Feb
6
2
29% Aug 23
32% Dec
6
17% Jan
28% Jan
17
32% Mar
2
South
31 Va Jan
7
36% Jan
4
54% Dec 29
51
Jan
18
39% Jan
11
81% Dec
35% Feb
16
60% Mar
3
20
72% Jan
18
86% Mar 29
37
Jan
5
50
Dec
15
49% Jan
6
51% Mar 29
80
Jan
14
92
Nov
22
88
25
Oct
15
12% Jan
-
.,
4
Apr 22
4% Mar 16
62
Oct
Mar 15
29 Va Aug
5
9
26% Mar 15
16% Dec
2
15% Jan
6% Dec
29
5% Mar
7% Dec
29
6
106
4
55% Mar 31
89
NOV
29
14
Jan
4
Jan
19
74% Aug
3
100% Dec 22
Feb
4
9
10
92
27
Jan
28% Jan 21
19% Jan 28
Feb
18
7% Jan
4
7
4
84% Feb
7
Feb
7
66% Jan
3
98% Feb
14
100'A Jan
4
Mar 11
23 % Jan
10
80% Mar
59
Gold
8%
South'n Pacific Co
5%
non-cum
Southwestern
17
28% Jan
5
40% Mar
92% Jan
For
footnotes
see
page
Mar 22
6
10% Mar 31
48% Feb
20% Mar
16% Feb
14%
14
14%
4,500
23%
'23%
23%
23%
23%
23%
23%
24 Va
24 VB
24%
21,200
24%
24%
24%
24%
24%
26 Vb
25%
26%
26 Va
27%
67,100
58
10,300
58%
58%
14
2
-
3
4
11
58%
58%
57%
58%
57%
/
/
57%
97'A
*95
96y2
95
106 %
*105
106 Va
*105
106%
35%
35
35'A
35
90 Va
*89
90 Va
*89
90
*114
118
22
57%
*04
22
*95 %
*105
*95
104 Va
97
104%
35%
Q7
89
89
*89
35 VB
*116
118
*116
22%
*22
*87
50%
50%
49 Va
50
*17%
17%
17%
17 %
80%
81%
80%
81 Va
82%
80 %
83
*
82%
79%
31
*21%
118
60
22
100
*87
80%
81
31
105%
50
50%
50 Va
*17
17%
17%
17%
81
81 %
80%
81%
44
45
45%
30%
105%
46
49 Va
100
90
■*114
*87
31%
104
51%
81%
12,300
31
3,500
104
40
51%
5,400
17%
400
80 Vb
80%
8,800
*17
44%
44%
45%
46%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
2,400
7%
8%
7%
8 Vb
7%
8
7%
7%
7%
7%
16,200
59
59'A
*58'A
59
*58'A
46
46
45 Va
45%
46
46%
46%
46%
6,400
42%
43
42%
44%
43%
45
44%
45%
45,300
44%
44%
60
1
10 Va
59
*58%
4,100
59
200
10%
10%
10 Va
10%
10%
*31%
32%
*31 VB
32 %
31
31
*30%
•61%
62%
61%
62 Vb
60 Va
61
59%
60 Va
60%
61%
»7,200
24%
24%
24%
24%
24%
24%
24%
24
24%
-5,400
16%
X16
16 VB
9,500
24
10%
10%
10%
31
*30
10%
1,600
31
100
16%
41%
42%
41%
42
M
2,300
49%
49%
50
50
50
55%
55%
55
55%
53%
55%
54%
54%
54%
54%
33,300
25
-10
52'a
52%
52%
52%
52
52 Va
52
52%
52%
52%
4,100
44
44%
x43%
44 VB
43%
44
43%
43%
43%
45%'
6,200
1
16'A
*42 Va
16%
15
14%
14%
14 Vb
14%
14%
14%
14%
14%
54%
54%
54 Va
54%
54%
53%
54
52%
52%
65%
65%
64 Va
65%
65%
65%
65%
65%
65 Va
65%
310
22%
23
22%
23
22%
23
23%
23%
2,600
28%
29
2 8'A
29
28%
28%
28 VB
28%
5,900
53%
54%
23.800
23%
24 VB
6,700
10%
10,000
18%
6,000
14%
nvs
10%
18%
13%
53
53
33%
35
♦36 %
52%
53%
24
24%
■
38
10%
18 Va
*52
34
*37
53%
53%
23%
24%
53%
10%
10%
18%
18%
18%
18%
53%
52
52
34
33%
33%
38 Va
*37%
48 %
47%
*52
33%
*38
33
38
400
48%
13,500
21
17,600
33%
33%
33%
33%
33%
7,700
58%
57
57%
57%
58%
28,700
34 Vb
33%
No par
58%
59%
£8
59 VB
56 y4
1
37%
31%
33%
Co
5,500
39
31
34
51
300
34
47%
33%
86%
53
33
20%
7.50
89 %
18%
*52
30%
30%
51
18%
33%
53
48 VB
20%
30%
85%
10%
10%
21
20%
30%
*87
*174
30%
20%
30%
50
420
47 VB
20%
31
100
10,900
20%
48 Va
48%
20%
No par
24%
10%
10%
20%
48
53%
23%
*174
*174
*174
*174
48 Vb
1
1.500
♦52 %
"30%
25
•
85%
86%
83 y4
85%
83 Va
51%
51
51%
51
51
89 %
*87
89%
*87
83
84
51
*87
51 Vb
84%
5,700
51%
2,800
*87
89 %
1,700
89 Va
27%
27%
27%
27%
27
27%
27
27
27
27%
18
18%
18%
18 y4
18
18%
18%
18%
18
18
5%
5%
5%
6%
6%
*6%
5%
*6%
5%
7
*31
88."
"62%
63%
5%
5%
5%
5%
*6%
6%
*6%
63X
*81
62%
88
63%
88
*81
62
%
63
*81
*81
88
62%
6,800
1.600
3,400
5%
7
-
200
88
63%
65%
*99%
100 Va
20 Vb
63%
20 %
7,100
63%
64%
39,700
12%
21,900
5,200
80
*99%
100 Va
20 Vb
20'%
20 VB
20 y4
20
20%
20 VB
20%
1
——2
„
100%
1
62%
64%
63 V8
63%
62 %
64
62%
63%
12%
13
12 Va
13
12%
72%
73
73
73%
72%
73
73 Va
73%
74
47
47%
46 VB
46%
46%
47
46 Vb
46%
45 VB
46 Va
4,700
33%
39 VB
38%
39%
38%
39
38%
39
38%
39
6,900
5
Standard Brands Inc
No par
com
Electric
Co
100
100
100
100
*99%
12%
12 Va
*73
12%
,
12%
*91
"
1,560
150
92
90
90
90%
90%
90%
90%
90%
90%
1
18%
19%
19 VB
19%
18%
19 %
19
19V4
18%"
19
11,800
1
10%
11 VB
10%
10%
10%
10%
10%
10%
10%
10%
14,200
—No par
preferred
Standard Coll Products Co Inc
it
116
116
22%
2,800
42'A
Square D Co
Gas
118
*87
30
35%
16 Vb
$4.50 preferred
$3.50
♦22
22%
*22
♦89
20
106%;
105%
35'A
6,300
49%
Spencer Kellogg it Sons
Corp (The) new
Standard
35 VB
35%
196 Va
pfd__100
Spiegel Inc common—
8
16% Jan
14
No'par
65% Mar 18
88
14
42'A
Public Service
13% Feb
7
13%
30%
(A G) & Bros Inc
1
Sparks Withington Co
No par
Spear & Co common—
1
$5.50 preferred
No par
Spencer Chemical Co common
6
4.20% preferred
74% Feb
20
13%
105%
Spalding
5
22
13%
16 Va
preferred
18
15% Dec
13%
49%
Mobile it Ohio stk tr ctfs
68 % Mar 14
02% Sep
1,700
13%
43
Southern Railway common:
10 % Jan
17% Dec
29
49%
(Del)
11 y* Aug 12
4
18
28%
16%
Southern Natural Gas Co
70
28
17%
28%
5
4
12% Jan
17%
27%
Elec—No par
Gas it
11
86% Jan
17%
28%
50%
Edison
24% Jan
22% May 17
18%
27%
43
)
63% Jan
18
17%
16%
Soerry
36% Mar 15
17%
27%
105%
25
(The
Indiana
:100
17%
27%
49%
preferred
18
43% Jan
103 %
18'A
*105%
50
Southern California
Co
19,100
43
Platinum
it
39% Jan
29
*102
103 Va
30
39
38%
27%
31 VB
1
20
39% Dec
103%
103%
*102
38%
27%
106 Va
50c
Co
23% Nov 30
49% Nov 23
103 %
38'A
Xl7%
46 VB
Co
45% Dec
31
*102
103%
39%
30%
common—8
100
100
34% Oct 15
4
6% Jan
Dec
*102
43%
preferred
5
4
80%
38
38%
*105 %
South Porto Rico Sugar com.No par
11
21
79%
39
39%
38%
31%
South Carolina E it G Co com_4.50
11
39% Jan
49% Feb
26 Va
27
164
42%
—
Solvay American Corp 4%
Jan
Mar 14
Corp
O)
preferred
preferred
3%%
4.20%
16% Jan
-
79%
20
-No par
Smith (Alexander) Inc
*
37% Jan
34
79%
*155
24%
10 ya Dec
138% Feb
26%
27 Vb
164
53%
27% Feb
1,900
79
*155
52%
56% Mar
6
12,600
80%
26 '/a
164
x23%
18
20% Jan
27%
27%
79%
*155
Solar
49% Jan
1,100
170
7
31
25% Aug 11
175
Aug 19
24%
*155
4
54% Dec
15% Jan
24%
170
29%
35% Jan
24%
*155
22%
7
24%
390
315
28%
11
33% Jan
24%
*307
5
15
25% Feb
24%
315
10
25
24
24%
*297
Inc
Socony Vacuum Oil Co Inc
20% Jan
27% Feb
10,000
315
Smith-Corona Inc
31
32% Aug 25
12
47 VB
*297
23
15% Jan
46%
No par
Steel
Corp
37% Mar 14
Nov
47
307
45%
Skelly Oil Co
59% Dec
5
Oil
3
14 y» Dec
46
97%
110
307
No par
1
America
of
&
Jan
18
46%
82%
—No par
Sinclair
Jan
44
45%
31
1
Simmons Co
4
46%
97
*109%
307
60
Corp
55% Mar 25
52% Dec
13% Jan
£
Co
Mfg
50% Mar 28
4
Pen Co
(W A)
Oil
7
Jan
66 % Mar
I
Corp..
(Frank G)
Shattuck
36% Feb
25
110 %
307
No par
No par
■
1
7.50
Gas
&
Steel
3
6
Apr
1
Oil
Shamrock
Sharon
48 Va Mar 14
36% Jan
0% May
6
45% Apr,'
common
preferred
$4.50
5
46% Mar 31
r
79%
109'A
81
6
1
1
Co
Rubber
Inc
Servel
Blmonds Saw
32% Jan
40
13
Mar 14
Dec
17
4
45
35
9% Mar 14
28% Jan
•43% Dec
Mar 15
61V3 Jan
7
33% Jan
80 %
97 Va
109 Va
40
1
5
No par
it Co
Belberling
4
4
7
Seagrave Corp
Roebuck
Bears
Seeger Refrigerator Co
8% Jan
29% Jan
Co
10
25% Jan
15% Jan
Oil
Seaboard
24
31
27
28 VB
80
97%
109%
*87
preferred-No par
1
fund
8% Mar 21
20
2
sink
$5.75
9% Jan
Dec
10% Dec 29
Co common
51% Feb
25
38
27% May
Line RR Co
3
Jan
&7%
43%
44%
44%
97%
*
'■
100
preferred
3.35%
Seaboard Air
Seaboard Finance
8% Mar 15
43% Dec
30
3
*24
43%
43?/«
97%
■
—
6% Jan
37
69'/a Jan
10
41
3
9% Jan
7% Nov 26
6% July
20
Jan
No par
No par
preferred
No par
ScovlU Mfg Co common
25
1
3.65% preferred ——
100
4.30% conv preferred
100
Scran ton Elec Co (The) com
9
4
53% Mar 24
—
$4
*
32% Feb
Industries
$3.40 preferred
94% Feb
69% Mar 14
1.40
15c
Inc
2
62
12
25
74
common
Bcherlng Corp
Jan
Jan
Co
Regis Paper
4
31
114
5
1st pfd 4.40%
series A
100
San Diego Gas it Electric Co——10
Sangamo Electric Co
10
Savage Arms Corp
5
St
29% Mar
6
55 Va Mar 14
'
preferred
noncum
Bchenley
94 Va Jan
103
5%
27% Jan'-'3
22% Dec
15
17 % Jan
85
6
89 % Mar 23
10
102% Jan
Jan
17
14% Feb
23 % Mar 14
27 % Dec
69
33% Mar 14
4
Jan
Co—100
100
Bt Louis Southwestern Ry
*
20% Jan
123
common
preferred
4.30% conv preferred
4%
28.
;•
Number 5417
Volume 181
...
The Commercial and Financial Chronicle
NEW
(1575)
YORK STOCK
Year
Lowest
since
Range
1954
Lowest
Highest
NEW
Jan. 1
Highest
81% Feb
Btandard Oil of California
Standard
11 Q% T^b
Standard
Oil of
Standard
Oil of Ohio
4
8
*44
713/4 Jan
4
112 % Dec
8
106% Jan
73% Jan
18
-
4
Jan
6
7
Oct
26
11% Jan
4
45
99% Jan
102% Mar 11
12
2
8
8% Jan
6
-12% Feb
19% Jan
13
427a Feb
5
5
423A July 30
36
5
13% Dec
133/4 Jan
17
46% Dec
53% Oct
14
Stanley Warner Corp
Starrett Co (The) L S
79%
785/8
44%
45 %
445/8
15
113%
114%
113%
114V8
453/8
44%
45%
Chemical
Co
3%%
19% Feb
16
26% Dec
29
233/4 Jan
13% Jan
4
20
15
18% Jan
6
20 % Feb
21
Stix
18% Nov 23
16% Feb
23
19% Jan
13
Stokely-Van Camp Inc common
Mar 25
Dec
17% Jan
8
19% Aug 24
19% Jan
4
21% Jan
4
27% Dec
26 % Jan
6
35% Nov
1
43% Aug 19
141/4 Dec 20
40
6
10% Nov 23
30% Jan
29
11
4
12% Nov 24
Feb
1
683A Dec
30
113% Jan
7
12% Jan
.48/' Nov 30
Jan
8%
89
16% Jan
70
4
713/4 Jan
Dec
30
11
25% Oct
4
Jan
8
2
4
15% Feb
97% Jan
20
67% Feb
11
102
prior preference
Studebaker-Packard
Jan
75% Mar
Oil
Sun
4
118% Jan
11
6
26% J<an
24
Sunray
243/4 Mar 18
25% Jan
6
4%%
86% Mar
1
Co
Class
1153/4 Mar 25
213/4 Jan
81
Mar 15
Jan
A
Corp
1
243/4
25%
25
25%
19%
173/4
*193/4
17%
25% Mar
2
Superior Steel Corp
583A Mar
*99
28
453/4 Mar 15
,50
Feb
25
24
7% Dec
29
6% Jan
6
173/8 Jan
10
14% Jan
27
M
Jan
25
33
15
25% Jan
6
38% Nov
16
47i/2 Nov 23
41% Jan
17
57% Jan
4
18% Nov 26
88
Dec
Nov
29
39
Jan
11
98% Dec
30
41
Dec
20
42% Dec
23
38
5% Jan
5
14
Oct
19
12% Jan
6
4
50%; Dec
16
47% Jan
6
Jan
8% Mar
21
Talcott Inc
Telautograph
4
Tennessee
97% Apr
1
Texas
28
13
Jan
153/4 Dec
15
11% Mar 14
11
172
Dec
27
147
9
66
Dec
29
61
Mar 14
Jan
6
share
13
4
Texas
&
72% Mar 24
Texas
Jan
6
18
Jan
10
21% Mar
7
7
19% Mar
4
49% Dec
23
46
2
50% Mar
8
16 3/4 Apr
1
235/8
233/8
*24y/4
11%
Thermoid
2
Dec
63/8 Mar 7
153/4 Feb 18
July 20
273/8 Nov
■207a
21
21
217a
1,700
48%
49%
47%
48%
47 7a
48 7o
47%
48 3/a
4874
485/a
7,200
27% Nov
16
263/4 Jan
523/8 Dec
31
48
5
15% .Aug
6
25% Feb
2
40% Dec
31
13% Jan
12
30% Dec
30
15% Apr
19
213/4 Aug 16
18 % Jan
27% Dec
55% Oct
26
13
23
Apr
May 28
16% Jan
17
5
4
6
28% Mar 9
54% Mar 28
3
15
2
3
5
58% Feb
96%
*94
95
133%
*132
135
8%
8%
8'/a
19%
*183/4
20% Feb
9
20
56
Jan
19 3/8 Dec
31
18
Dec
31
Mar
8
39
25
Mar 14
54
Dec
30
52
Jan
18% Jun
30% Dec
31
25% Mar 14
18
133A Jan
19% Dec
6
17
Jan
6
41% Jan
57%, Dec
6
52 % Jan
14
533/4 Feb
4
Feb
23
31% Jan
13
20% Jan
19
60
19
Jan
18 3/a Mar
4:
34
473/o
44
8
193A
♦19
8%
500
11,100
*19%
197a
33 74
34
3374
3374
333A
3472
'47%
47
4772
46
47
47
47
947a
975/a
88 3A
8974
4,200
34
20
*19
20
3,200
6,600
16,100
957a
8972
88
89
No par
41 %
42
417a
41 a/a
40%
4174
403A
413/a
40%
4 DA
14,700
-1
15%
15%
15 7a
15 3/a
147a
15 7a
1474
15%
157a
153/8
10,400
10
55%
56%
5474
557/B
537a
543/i
533A
5572
54
5472
13,100
11%
12%
1172
113/4
1172
ll3/4
115/8
113/4
11%
117a
Inc
Oil
100
154
70%
1533A
71
*151
No par
50o
preference
Co
common
8%
7072
154
5%
*13'A
59%
101
*1172
8%
8%
45
60
\
' 101
27%
28
15
20'
18 7«
187a
♦48
12
*1173
8%
45
57a
1374
59%
597a
*1017
1027»
28 74
28
20
2078
18 3/8
14%
87),
45%
*5
*1272
57%
lOi:
273/4
4872
12
8%
45%
11%
8 3/a
53A
53/4
1,000
*1272
1374
700
575/8
57
5(778,
10274
10274
"101
10372
70
28
273/8
28 7a
275/a
287a
12,600
277a ;
28 7a
15,300
59%
275/a
277a
275/a
27%
273/4
54
28
54%
277a
537a
54 7a
52%
53
523/4
523A
52 3/a
53
5,200
14%
143/4
5.4%
147a
14%
143/4
14%,
147a
14%
1478
6,700
407a
40 3/4
11,500
31%
15,100
27%
40
40%
40
4074
293A
31
31
317a
Transue & Williams Steel
No par
21
21%
26%
1
50
58%
58 3/a
1
18%
18%
Transit com—No par
prior .preferred
50
Twin Coach Co—
1
conv
16% Nov 30
143/b jan
26
41% Dec
22
35
Jan
6
40 3/4 Mar 18
TXL Oil
7
14% Dec
6
13% Jan
6
15% Mar 28
Feb
24
38% Dec
29
7% Jan
4
10% Aug 16
43% Jan
8
75
Nov
70% Feb
16
89
July 12
July 23
♦49
523/4
28%
28:j/4
54%
543/8
26%
267a
*58 7a
58%
18%
18 3/a
♦49
*20
£1%
523A
•2672
58%
18 7a
*49-r
2674
2672
27
58%
5872
5872
58 7a
5872
700
187a
1874
18 3/a
4,100
18%
52aA
187a
28%
273/4
55
273A
2874
55
55
18%
18
187a
*53
55
55
523/4
*49
5274
*49
273/4
26 3/4
2774
*173/4
18
18
18
18
*53
55
*53
600
22,100
700
55
*53
157b'
16
37%
167a
4,300
277a
18 7a
275/a
55
28 3/8
55%
*55
2774
27
600
10,200
2672
55
*18
21
267a
28%
28
*53
317a
*20
21
*20
55
28%
*54
275/a
377a
6,900
>15%"
16%
157a
16%
15%
38%
373/a
377a
377a
37%
37
15%
15%
Xl574
15%
1572
15%
15
15%
157a
153/a
8,300
35%
353/a
353/4
35
353/a
35
35%
357a
357a
2,600
35%
9%
97a
9%
9%
93/8
9%
4,500
15%
16
37%
1
No par
0
9%
—
21
28%
28
1
Udylite Corp (Tb€),
Corp (The)
21
'
26%
Twin City Rap
5,000
57%
101
31
.50
70
53/a
40 3/8
(conv)
3,200
13%
30%
Preferred series A
100
872
53/8
39%
Tung-Sol Electric Co common
1
4.30% conv preferred 1954 ser_50
20th Century Fox Film
1
11%
45%
*12%
313/4
common
80
578
40%
Co
2,700
13%
31
Coal
12,700
183/4
4872
*45
45%
X40
preferred
20 3A
18%
8%
874
*45
8
Truax-Traer
67,600
*48
:
12
*11%
2
Tri-continental Corp common
1674
'
Inc
Airlines
5,200
20 7a
187a
48
300
71
143/4
207t
18 5/8
48
7,000
158
7072
*154
70 3A
143/4
.70%
15
20 3/a
■
14%
'
157
*153
71%
5 7a
V
155
70%
>13%
5 %
14"
155
717a
48
48
45
45
(J R)
World
5%
-
88
Avenue Transit
$2.70
90
135
8
8%
8
8%
15,400
95
947a
135
136
*133
437a
433/8
95
*93%
94%
136
437a
43%
44%
9374
*133
8 3/a
34
48
44%
400
893A
13
32% Dec
433A
45 %
"52
937a
Fair
Thompson
10
28% Jan
55
;
24%
*51
52
88
$2.50 convertible
17
Mar 15
60 % Nov
52
Feb
273/4 Jan
24% Mar 11
30% Nov
6 3/4 Jan
Mar
Jan
31
53
29
13% Jan
52 % Dec
1
95%
223/4 Mar
1
4
123/a Jan
4
44%
133%
20
26% Dec
36% Jan
15% Jan
7.50
Trans
Jan
4
*517a
No par
No par
Transamerica Corp
24
16
60% Mar 24
104% Feb
7,500
51%
20%
21
25
247a
51%
20
23
18
Jan
24%
2174
33
' Jan
101
24%
52
42 3/a Feb
47
8
330
25%
21
31
Dec
7,400
21
37 % Mar 14
Dec
104
11%
1,040
243A
253/4 Jan
53
7
600
11%
*1,C10
82%
52
17
18
82%
11%
1,040
•
22
Feb
42% Oct
*8174
100
117a
83
1174
:
*1,040
82
827a
1,010
1,040
•
247a
25%
10
61,100
.
52%
preferred
50
Corp_No par
18
Thompson Products Inc com
5
4%
preferred
—100
Tide Water Associated Oil
10
$1.20 conv preferred—,
25
Timken Roller Bearing
No par
Toledo Edison Co (The)
B
92% Jan
23%
93
common
$2.40 conv
tThird
237a
117
25
24%
12
3
45% Mar
3
*11574
117
11%
12
1,030
*ll3/0
9% Mar
4
11
♦1153/4
83%
11%
1,025
No par
-—1
6
43A Feb
*83
11%
1 ,025
48%
7% Jan
11 % Jan
83
83
975
*47%
43% Jan
15
10
1,400
72%
1167a
2574
No par
7
Sep 24
2,500
22,100
/
10272
7274
.
237a
25%
18 3/a
29
7
100%
36,800
"11672
23%
143/4
Jan
12
"
»
73 74
73
*243A
2074
Dec
1
73%
10072
235/s
18%
9
9
10072
243/4
15'A
44
1% Mar
73
100 %
23%
20%
The
*99%
243/4
183/b
11
8% July
157»
25%
14%
22
31
13
467a
15
73%
20%
63A Jun
123/4 Jan
12%
4672
15Va
117
No par
Inc
8% Jan
11% Mar 16
127a
457a
15
90 3/4
$1.25 conv preferred
393/e May 17
July 30
12%
45%
15%
72%
*1153/4
Thatcher Glass Mfg Co common—5
Textron
4
17
12%
47
15
*21%
Pacific Ry Co
38"% Jan
Feb
12%
23%
Co
Utilities Co
17% Jan
33,800
x-distribution—1
ctfs
13% Jan
12
8,200
613A
/
45%
Land Trust—'
Pacific
1643/4 Jan
19
31
29'7a
61
923/4
Pacific Coal &
23
12% Dec
600
2874
2974
•62
89
Texas
19% Nov
1,200
4,200
91%
58 % Mar 23
19% Dec
20
943/8 ; 947/3
Instruments
4
20
5,600
V
94
Texas
7
17%
47
iooy2
47
14
5
20
177a
15%
34
28
63/b Jan
3/4
25
19%
123/4
.
*99
n
73
*18%
42% Feb
13% Jan
20
23%
Corp
'16% Jan
13% Jan
20
*24%
Co
Sub
20
116%
Corp
Gulf Producing
Texas Gulf Sulphur
?
20
243/4
"
*51%
Corp
Texas
,
20
100%
73
(James)
3
49% Feb
100% Jan
(conv)
Symington Gould
Texas
46% Mar
pfd
cum
35% Mar
6
Mar 14
$4.40
3
.19% Feb
Mar 14
83 V2 Jan
'82%
4
20
1
Sylvania Elec Prod Inc com
$4 preferred
7
1774
6,600
5
(The)
Swift & Co
Jan
».
197a
17
.
80
267a
25
51% Sep
97% Feb
197a
17%
-10272
2572
4.16%
4
,47% Feb 23
197a
173/a
115%
25
50
413A Feb
143
25%
19%
17%
20%
12%
;
18
24%
20
17%
*101
J
*
lOo
Sweets Co of America
42
25%
19%
12.50
Superior Oil of California
Sutherland Paper Co common
18 %
25
1
45
.28
9
107
25%
443A
100
1
3
9% Dec
10172
2574
No par
Feb
35
10172
25%
12%
22
4% Feb
102%
25 3/a
143/4
8
Mar 14
6,900
457a
*101 y2
253/4
45
46 %
18
933/4 Mar 30
4674
447a
102%
25%
143/4
Mar 30
41
457z
443A
13
20
128 % Jan
400
*101%
47%
18% Feb
16
2,100
147a
25%
14%
46% Jan
16
800
36a/4
147a
453/8
'46%
10
28
433/4
36%
15
101%
1
30
Dec
4374
363/4
14%
*14%
593/8
31
48% Dec
44
36
15
15
28
Nov
96
43%
37
37%
61 3/4
24% Nov
147% Dec
44%
36
45
37%
287a
50
4
44
44
*143A
57%
11
14
4,700
28%
26
13
2074
613/a
Feb
81% Jan
20%
28%,
16
31% Jan
203/s
56%
30% Jan
105% Jan
20%
28 5A
Sunshine Biscuits Inc
Mar
1,040
6
9,200
201/a
23%
common
200
11%
56%
preferred series A_.
102
11%
55%
preferred
6,600
*101
1172
25%
No par
common—
4%%
Oil
101
28%
Sunshine Mining Co
12% Mar 16
103/e Mar 11
740
A preferred
4574
45-
113/8
44%
*20
32,000
11%
15
10
No par
Corp
Corp
series
$4.50
4
101
18,900
11372
113/a
10
Chemical Corp common
Sun
102
15,400
45
112%
20 Vb
No par
Co
Sunbeam
24
455/8
101%
20
Stone & Webster
Stromberg-Carlson
4
Mar
53
Corp
7
15% Jan
1
3
Jan
816
25
17
Mar 31
62
4
30
12% Dec
20% Dec
Jan
4
84% Dec
7
635
14% Jan
30
118% Aug
9
23% Dec 31
11
30% Feb
,•
(J P) & Co Inc
Baer & Fuller Co
5%
21
12% Jan
Dec
Stewart-Warner
203/a Jan
42 Ye Mar
101
24% Jan
Jan
3
28% Mar
6
45
-B
24 3/8 Mar 15
12
45%
Shares
783/4
44
113%
-B
15
Stevens
*101
112
5
95
30 % Feb
5
457i'
447a
1133/4
45%
78
20%
20%
*
453A
797a
the Week
11%
38
38
*14%
78%
IB
97% Mar 31
Jan
45%
102
11%
112
79%
100
preferred-^
7
30
29
11%
20%
*44%
1
Sterling Drug Inc common
473/4 Feb
101% Mar 17
*101
11%
10
22'A Apr
12
102
20%
No par
Sterchi Bros Stores Inc
917» Jan
Jan
45
5
Stauffer
Apr. 1
79
102
8ales tor
Friday
Mar. 31
45 3A
10
PRICES
Thursday
79%
100
1
SALE
Mar. 30
78%
common
15 % Feb
4
HIGH
Wednesday
Mar. 29
44%
Jersey
39% Jan
Mar 30
42% Mar 14
6
7
Feb
50
43 % Mar 31
22
New
Tuesday
Mar. 28
No par
25
Indiana
of
preferred series A
Standard Ry Equip Mfg Co
22% Feb
103/8 Feb
Oil
33A%
: Mar 28
102
203/8 Dec 30
3072 May
11% Jan
36 % Feb
47 % Mar
Mar 14
42
31
Dec
Monday
Par
49 % Jan
793A Oct
48% Dec
RECORD
LOW AND
STOCK
YORK
EXCHANGE
18
4
29
99
-
Mar J.4
523/4 Jan
44% Oct
32% Jan
EXCHANGE STOCK
STOCKS
Range for Previous
,
■
'
37-/2
42,800
u
11% May
27
-
11% Jan
4
21% Jan
25
23
;
33% Mar 15
15
113
Sep
28
92% Aug
3
99
Oct
Jan
7
94
Apr
Jan
5
105
Nov
24
38% Jan
4
105% Jan
48
11
Jan
4
25% Oct
19
4
Union
23
Union
Bag & Paper Corp
20
3
Union
Carbide
Carbon
No par
Corp—10
45% Jan
103% July
21% Apr
873/4 Jan
25% Nov
103 % Oct
Dec
20
31% Mar
1
Union
29% Mar
2
Union Elec Co of Mo common
Jan
87,
52
139
Mar" 16
Jan
14
Mar 14
Jan
17
91
Jan~14
104% Mar 29
59
Feb
7
159% Mar 30
51% Aug 23
50% Mar 15
52
24
26 3/4 Jan
6
303/s Mar
11
79% Dec
20
73% Jan
6
94
Jan
26
6
1063A Feb
3
103% Mar 16
106
Jan
11
29
14
Jun
1
49
Dec
29
27
Jan
12
3% Feb
25
383% Dec 29
119% Dec
40
29
34% Jan
110
Jan
6
46
Mar 28
6
143
27
28
Mar 15
31% Jan
3
1073/4 Apr
20
105
Mar 21
108% Feb
1013/4
*99
1013/4
noncumulative preferred—50
Tank Car Co
No par
4%
Union
Preferred 4%%
1
4% Jan
8
29
4
80% Jan
6
6 % Nov
9
Jun
28
11
29
88
May 25
17% Dec
11% Jan
4
4
57
Dec
13
35
Dec
6
33% Mar
11% Jan
4
12
3
78% Jan
4
Mar 18
15% Feb
31
27% Jan
11
Jan
15% July 20
25
13% Mar 14
383/4 Aug 19
18% Dec 31
Mar 31
56% Jan
3
35% Feb
11
7
Mar 14
1% Jan
4
2 3/a Jan
3
8
2% Sep
863A Dec
15
49% Jan
8
77% Jan
18
22% Jan
4
38 % Dec
30
35
17
11
2
363/4 Jan
18
18% Jan
Mar 14
51% Feb
32
78
Jan
6
393A Mar
2
22% Feb
16
3% Feb
9
233
Nov
18
214
Mar 14
238 3/4 Mar 30
184
Dec
8
180
Jan
11
184% Feb
14% Mar 17
44
Dec
31
40% Jan
6
54% Mar 11
7% May
May
34
For
15
613/i Mar 30
873A Deft 31
81% Jan
18
4
13% Dec 31
13% Jan
4
16% Mar
3
5
40% Dec
40% Jan
5
43
2
footnotes
see
31
page
90
Jan
Mar
56 3/4
157
90
104%
57%
159%
2874
28
28 7a
8,500
75%
76%
7874
7674
767a
12,000
104 74
10474
75%
*103
763/4
104
75 3/a
^033/4
4472
141
763/4
104
1407a
2872
2872
287a
28 3/a
*103 Vb
105%
10672
2072
4974
4972
40
40
Fastener
Merch
United
Park City Mines Co
&
Mfrs
S
672
8%
8%
70
707a
16%
16%
6%
85/a
717a
*70
16%
16 74
20 3/a
207a
207a
2074
2,800
49%
49
49
1,700
407a
*40
41
*40
4%
*74
6 5/8
63/4
6S/8
87a
8%
167a
1,000
3,700
1053/4
49%
*8%
*70
28%
4%
75
6%
9%
4%
*74
672
9
*70
7172
71
72
1674
167a
167a
16
17
4%
100
19,200
75
6%
39,800
93/a
1,700
71
153A
16 3/a
150
1,700
89,700
13%
13%
13%
13 72
157a
5374
537a
5372
537a
53 3/a
5374
5374
54 3A
34
33%
33%
32%
3372
3374
327a
333A
33%
3274
10
13%
38
37 74
3774
37 3/a
37%
2,800
377a
38
377a
37%
3772
19%
19 7a
.193/4
19%
1972
1
197a
26,300
19%
197a
197a
20
37a
34,400
(The)_l
No par
2%
2%
2 3-4
2 3/4
27a
23'4
89 Vb
897a
89
9074
90 74
91%
893A
48
48
47
5374
50
52%
*5072
No par
Securities
20
100
5
100
228
233
180
1807a
56
57%
56%
593A
5872
84
84
85
85
85
com
preferred
Industries
4%%
6%
8%
47a
75
*104
139
53%
Inc
Hoffman Machinery
4%%
75
6%
45/a
*74
287a
13%
V 8 Gypsum Co common
7% preferred
U
*74
4%
35,500
433/a
*136
300
5374
Corp
United
3
4%
104
700
5
United Gas Improvement Co
U S
75
407a
*40
*103 74
517a
157a
Foundry
United Fruit Co
Gas
4%
141
5172
No par
United Engineering &
United
*74
407a
447s
4574
14174
2 8 3/s
20,7a
4-%
44
104
447a
*10472
*40
*103
14174
4574
141
20%
5
5,000
5172
4972
Electric Coal Cos
15,000
158 7a
75%
106 72
United
573A
158
277a
49%
preferred—-100
1
140
57
1583/4
*5174
20%
(Del)
103
5774
287a
*10472
convertible
88
103
110
_50
517a
493/8
Corp
89
103
88
28
20%
$3.50
1013A
5178
106%
United Dye & Chemical Corp com_l
7%
preferred
100
♦99
287a
49%
United
295/a
1097a
51
203/8
No par
7,300
32,500
293/a
103
157
3,200
23,000
1097a
*88
563/4
777a
853A
•2774
51
46
Cig-Whelan Stores com—30c
1013/4
:
28
143
(Delaware)
*99
84 3A
29%
*104%
United
29% •295/a
10974
*10974
76%
•27
51%
44%
Corp
277a
1563/4
23%
10
& Foreign
11
15674- 15872
*88
*103
85 3/a
*51
138%
Freight Co
25
Jan
5774
No par
U S
175
104 72
5672
No par
XJ 8
114% Jan
89
*88
104
•
155
10
$4.50 preferred
Board & Carton
2
Mar
58%
1013/4
2874
913/g Mar 30
55
88%
104
*99
28%
6
73/s Feb
10% Jan
70
17
45% Jan
Jan
7
6
Aug 23
12
12
573/8
297a
28%
21
8% Mar 14
74% Mar 25
Aug 17
63% Jun
Feb
6% Jan
88%
104
295/s
United Biscuit of America—No par
43
43/8 Apr
29%
series of 1952-100
United Air Lines Inc common
United-Carr
70% Apr
preferred
convertible
5%
18
34 % Jan
5
100
United Aircraft Corp common
20
44% Jan
27%
27%
*99
series
$3.70
United Carbon Co
38% May 26
6 3A Dec 13
273/4
2672
No par
Preferred $3.50 series
No par
Preferred $4 series
No par
Union Oil of California
25
Union Pacific RR Co common
50
series
$4.50
United
4
84% 5
No par
15
3
77
8672
2672
77%
295/a
213/u Mar 21
173/s Jan
78
855/a
26%
1093/4
53'A Mar
19% Sep 23
50% Dec 23
77
86 3/a
253/4
293/a
Mar 28
Jan
75%
857a
*10974
4
2
75%
86%
295/a
Preferred
78%
75
1093/4
10
9%
853/4
"109
10
11
Jan
93/4
1093A
Preferred
100
&
9%
109
5
29 % Jun
27
Materials
6
6
113
Chem
81
Jan
108% Mar 22
59% Nov 24
154
Asbestos & Rubber Co
Jan
27% Jan
7
99
Corp..
87% Jan
Mar 22
Jan
14
85
Underwood
823/4 Feb
20
9
104% Jan
3
31
9
69
11
Jan
803/a Mar 14
16
28% Dec
38
Inc
preferred
common
series A
2%
237
232
*17872
1
14 7e
14%
14
50
42 7»
42 74
*42
7a
180
237
"178 72
3
907a
3
9072
7,000
52
2,400
*49
23872
180
23572
237
♦17872
180
180
61%
5974
61
59%
6072
8574
8472
8472
837a
84
180
11,400
91
52
238
238%
24,000
6,100
60
19,600
230
1472
1474
147a
153A
143/4
157a
52,900
14 3/a
42
42%
4274
*417a
500
413A
427a
43 74
28.
4
28
The Commercial and Financial Chronicle..
(1576)
NEW YORK STOCK
Year
Range
1954
133/» Mar 17
20% Dec
24
85/a Dec
28
36J/2 Jan
4
773/4 Dec
21
68% Dec
6
3
39
11
70% Jan
7
91
Oct
Dec
23% Feb
16
5
9 %Feb
14
66% Jan
35
26
103
6
6
6
86% Mar
3
21
75% Mar
6
41% Mar
Jan
Jan
88
84% Mar 21
97
Jan
19
Jan
10
*71%
18
101% Mar
45% Jan
3
164
7
7
59% Dec
29
51'/a Mar 14
60% Feb
18
64% Sep
74% Dec
17
61
Jan
11
65
Feb
24
31
67% Jan
6
13
143
Jan
4
162
Dec
27
183/a Oct
11
3
81 % Mar 24
162% Apr
1
3
19% Feb
14
35 % Mar 17
37% Jan
7
156% Mar 14
S
22%
22%
85
Friday
Mar. 31
Apr. 1
*9
82%
83%
22%
21%
9%
*71%
72
*71%
72
72
72
38%
38%
x38
38%
36%
38
100
*84%
86%
*84%
86%
*84%
3%%
100
99%
*97%
99
*97
preferred series B
Rubber Co
17 S
preferred
7%
43'A
42%
44%
163%
162%
162%
com—50
56
57%
50
No par
Mln
&
63
63
80%
81%
161
preferred
Steel
42%
162%
100
Ref
Smelting
7%
D S
99%
5
100
oommon
1st
noncum
Corp common
preferred
55 %
86%
99
*98
71%
71%
200
37%
8.900
*84%
86%
86
99%
43%
162 %
98%
44
98%
161
54%
55%
54
55%
54%
62%
63
63
63'A
*62%
78%
80%
79-
80%
161%
161%
162
150
43%
23L100
162%
43%
162%
63%
161%
2,700
85
37%
81
80%
12,200
9-%
84%
72
•84%
44%
Shares
37%
37
162
the Week
.22%
*9
84
56
*62%
161
43%
162
21%
9%
82%
1
8%
21%
*9
84
Plywood Corp common
3%% preferred series A
U S
Sales for
Thursday
21%
9%
83%
PRICES
Mar. 30
22%
*9
SALE
Wednesday
Mar. 29
9%
Playing Ctfrd Co
6
11
•9
O
46% Dec
Jan
preferred
22%
—10
U S
163% Oct
37% Jan
1
common
1
6
4
543/4 Jan
Co
3
13
39
4%%
84%
11
Mar
Lines
U 8
HIGH
AND
Tuesday
Mar. 28
20
79% Jan
18
Monday
Par
Pipe & Foundry Co
29% Jan
39% Mar 14
LOW
STOCK
U S
134 % Jan
157% Jan
YORK
EXCHANGE
Jan
70
Nov 29'
Jan
24
NEW
1
Highest
8% Jan
19
29
7% Feb
59% Feb
since Jan.
Lowest
Highest
Lowest
Monday, April 4, 1955
EXCHANGE STOCK RECORD
STOCKS
Range for Previous
.
1,050
56%
5,600
900
80%
38,500
162
161% 162
63%
80
162%
2,000
1
167/s Jun
24
35
Jan
26
7
Jan
4
*
17% Jan
38% Mar 16
13% Nov 23
12% Jan 17
6% Jan
4
11% July 14
10
Jan
5
98
Dec
1
91
Jan
4
3
Dec
31
20% Dec
31
11% May 12
42% Jan
443/4 Dec 31
17
6
26aA Jun
•
8
22 Vi Jan
12
'32% Sep
16
30% Feb 23
Jan
18
169% Nov 26
161% Jan 29
154
833/4 Dec
,
12%
94
3
3
56% Mar
34% Mar
3
7
Feb
31
Jan
7
91
Feb
3
3
18
Universal-Cyclops Steel Corp
Universal Leaf Tobacco
8%
4%%
42% Dec 31
41% Mar 14
46% Feb 21
31% Oct
14
40% Dec
20
36% Jan 18
44% Feb
9
Vanadium
11% Jan
4
19% Oct
5
14% Mar 25
19% Mar
7
Van
1% Mar 25
"~7
4
8
32% Jan
4
6% Jan 18
47 % Mar 15
7% May 19
57% Dec
3
126
136
Mar 26
Aug 27
134
Mar 26
124%
July 30
4
36% Dec
Jan
4
30
20
Jan
4
123
Jan
4
Jan
11
2
27
99
Jul? 19
101 % Jan 19.
NOV
9
4
30% Dec
57
Mar 25
13
May 17
26% Apr
6
31
71% May 19
16% Dec 31
1
51% Mar 29
145% Mar 10
Jan
Jan
101
Feb
.
Jan
11
68
Jan
3
15% Jan
Feb
2
Jan*
5
42% Mar
1
103
*
103%
"
6
30
11
116% Feb 21
(9
18,
37% Jan
Jan
37% Feb
t
101% Feb
.
94
S
114
40% Dec 29
25% Jan
2
36% Feb
104% NOV 10
107
11
Feb
33
33% July 28
Oct 28
4
Mar 17
1
133% Jan 27
116
25 % Jan
9% Apr
32% Mar 30
91
152% Aug 30
112% Jun
:
-
95% May 26
48% Oct 11
89
133% Jan 24
133% Jan 21
37% Jan- 3
133
"
26% Jan
56% Feb-11
133% Jan 24
32% Dec 31
5% Jan
30% Jan
Power
Corp of
29
29%
28%
32% Mar 30
90% Mar
3
18% Mar 23
19
24
Chemical
29
28%
28%
87
85%
85%
44%
45
41
42%
40%
41
40%
42%
41%
44
43%
44%
15
15%
15
15%
15%
15%
15%
15%
15%
15%
1%
1%
1%
36%
35%
1%
35%
1%
36%
36%
8%
2J5Q
49%
8%<
49%
*36
8%
49%
33
33%
*91
92%
33%
*91
48%
50%
50%
145%
145%
*145%
Virginia Elec & Power Co com—10
$5 preferred
1QO
;" $4.04 dividend preferred
100
$4.20 dividend preferred
-100
Virginian Ry Co
6% preferred
Visking Corp (The)
Vulcan Detlnning Co common
lo
7% preferred
20
35%
35%
35%
*115%
Dec
23
74% Jan 12
85% Mar 25
Wabash
Waldorf System
*115%
*101%
102
28%
8%
>
*131
33%
-32%
92%
*91
49
51%
145
147
a
49
115%
101%
*101%
103
103
41
41%
*102% 103%
41%
41%
32
32%
32
32%
32%
32%
89%
89%
88%
88%
89
89
18%
18
18%
18
18%
31%
*30
18%
„
*29
31
7.900
240
50%
21,600
49%
600
35%
9,200
115%
115%
280
102
30
102
103
103
130
41%
41%
41%
1,800
1.400
32%
*29
32%
89%
89%
400
17Y#
17%
32%
89%
32%
*88
31
145 %
35%
145
116
41%
,v
"lo
135
92%
36%
*101% 102
*103
103%
102
101%
2,500
33%
50%
115%
41
700
75,700
-<
33
145%
35%
115%
116
13,400
45,600
*91%
92%
♦144
51%
36,000
9%
*131
33
r92%
35%
103
•30
135
32%
145
160
*131
*131
33%
92%
1,900
43
48%
j *131
135
y
36%
8%
8%
f
i
10
1,100
2
*35%
49
35%
35%
1%
35%
49
»L>1
135
'
2
35
49%
40%
103
.
76
116
7%
49
-
*131
133
133
f
8%
48%
♦131
*131
•*'
1%
29%
17%
17%
2,600
31
*29
31
w
60
Mar 26
11% Aug
2
13
3
12% Jan
8
14% Mar
24
Jun
3
27% Dec 31
27 y4 Jan
3
29% Jan
51
Jan
5
72
5% Jan
4
8% Dec
6
19% May
4
27% Dec
10
100V* Aug
9
Jan
13% Jan
5
19
19
Mar
Dec
9
105% Dec. 30
12% July 15
21% Sep 20
68
71% Jan
Mar 28
7% Jan
24% Jan
,
105
Mar 17
10 Ya Jan
12
5
4
Dec
22
43% Dec
29
39
30% Jan
4
52% Dec
21
43% Mar 14
37
'
Feb
1
30% Jan
12
39
Dec
23
39
Jan
14
40
Dec
29
32
Jan
Mar 231
5
31
Warren
8
25% Jan
23% Jan
3
29% Mar
3
16% Jan
6
21% Mar
3
10% Jan
4
14% Dec
6
13% Jan
g
14"% Mar 29
33% Apr ,\.t
24% Jan
5
77% Jan
22% Mar
43% Dec
8
5
96 % Dec
22
85
Feb
17% Feb 10
23% Dec
17
20
Jan
13% July 26
19% Dec
8
17% Mar
40
4
112
6ct"~5
99
Jan
7
104% Nov 19
96
Jan
7
104% Nov 10
9% May 20
4
23% Jan
30% Dec 16
24% Jan
$
Jan
3
24% Mar 29
9
19% Jan
3
Water
19
4,200
11%
17,600
18
10300
Wesson
$4
West
Oil &
Electric
31
Feb
28
16% Jan
6
22% Mar 29
52
3
60% Jan 28
Western
28% Mar 21
30% Mar 24
22
34% Dec 28
30
Jan
6
41% Mar
2
41% Apr 26
68
Dec
29
63
Jan
•
81% Mar
2
49% Jun
65% Dec
17
59% Jan
6
35% May
82
22% Jan
27% Dec 22
50% Jan
80% Dec 31
98% May
18% Mar 17
127
May 14
30% May
82% Jan
4
4
23% Oct 28
27
Jan
104
Dec
Dec
7
27
26% Dec 31
132
Dec
10
54% Dec 31
96% Dec 30
29
Dec
7
IX
36% July 28
85% Mar 15
100% Dec 30
5
Jan
21% Mar
4
8
20% Nov 12
8
70
Feb 25
10% Aug 16
27% Aug 16
6
8
39% Jan
14
127% Jan 11
39%
39%
39%
39%
39%
1,400
36%
37 y4
36%
37
37
36%
36%
5,000
24
23%
23%
23%
23%
23%
23%
1,100
28
28%
24
271/2
27%
27%
27%
27 %
27%
28%
2,600
19%
20%
19%
20%
19%
19%
19%
19%
19%
19%
1,300
15
14%
14%
14%
14%
*14%
14%
14%
14%
600
34%
34%
34
33%
34%
86%
87%
280
23%
24%
16,400
18%
19
6,500
25
13,100
No par
1
4
Mar 14
21
'
25
112
*111%
112
112
105
*104
105%
*104
105%
100
*102
103%
*102
103%
*102
103%
*102
103%
103
5
5
1
32
25%
32%
.10
Co.
com.
59
40
40%
40
107
107%
107
22%
21%
22%
21%
22%
21%
22
57%
58%
57%
57%
29
29
37%
38%
75%
77%
*102%
103%
*28%
29
56%
Wisconsin Elec Power Co com—10
48% Mar 15
6
48
8
92% Jan
7
7
192% Dec
8
179% Jan
3
210
Mar 22
92
Mar
10% Mar 11
12
Feb
It
58
Jan
27
77% Feb
16
52% Jan
11
59% Mar 30
96% Apr
1
Mar 31
3
6%
Lovett
Grocery Co
preferred
Wisconsin
Public
4
54% Nov 16
52% Jan
27% Apr
13
24 % Mar 14
27% Jan
11
9
13
55 y2 Mar 17
20
61% Jan
13
May
3
60% Apr
27
Dec
9
25% Jan
25
30% Feb
8
Jan
4
74% Dec
31
67 % Jan
6
84% Feb
10
11% Jan
4
15
31
14
Jan
6
15% Feb
23
Nov 29
86
Jan
18
108% Mar 24
Zenith
Radllo Corp
6% Jan
5
10y4 Mar 23
Zonite
Products
29%
30
*102%
29%
55%
55%
56%
100 %
33%
32%
27%
27%
*27%
27%
37
37%
36%
100
900
37%
8,000
100
'
95%
96%
95%
27%
28 y«
77%
76%
79
3,500
96%
27%
103%
55%
100
■
_r—,
14.000
.
22,500
33,500
*102y4 103%
200
29%
1,500
57%
34,000
29
29%
29 %
56%
2,100
78%
69
*102%
100%
*127%
57 VB
58
300
99% 100%
100 y4
'
*82%
9%
19
32
9%
19%
32%
96%
37
97
27% 1 28
1
36%
36%
28
28
36
36%
36%
36%
5,500
96%
97%
97%
97 y2
97%
600
8%
20,700
97%
7%
8%
7%
24%
24%
*24%
24%
24%
34
33
33%
32%
12%
12%
12%
12%
12%
83
83
83
83
82%
82%
8%
19
31%
143
9%
19 y4
32 y8
143
9%
19
31%
*143
9%
82%
9%
9%
19%
19 y4
i9y«
31%
32 y»
22%
22%
73%
73%
73
73
72
72
49 »A
49%
49%
49%
49%
49%
56
57%
56 y2
58%
57%
59V2
94%
94%
94%
95
95
95
205
*207
227
*143
22%
31%
145
31%
*143
12%
82%
500
1,100
7,400
11,000
800
10
1,100
19%
7,500
31%
145
7.700
50
22%
22%
22%
2,000
73
72%
72%
600
49'A
49%
49%
49%
13,400
57%
58%
57
58%
12,300
95
95
95
96%
210
210
*210
215
90
*89
90
800
22%
*71%
*200
225
88
88
87%
89%
89
89
89
89
10%
11
10%
10%
10 y.
10%
10%
10%
55%
55%
55%
56
54%
55
24%
24%
24%
24%
24%
24%
57
56
56
56
56%
,
54%
55%
24%
25%
57
57
27'/a
27%
27%
27%
27
27%
27
27%
76%
78
77%
79
76
77%
75%
15
15%
xl5
15%
15%
15%
15 V*
106
107%
104
105%
*56
*
9%
145
36%
12%
19%
-
26
34%
9%
22%
*200
*25
.
>
28 %
*28
34
12%
32%
26
33%
*9%
5,400
33
8%
8
33
32%
33%
23
_
29%
37%
67%
*127 »/2
23
Toung (L A) Spring A Wire _No par
Toungstown 8heet A Tube
No par
_No par
Youngstown Steel Door
29%
*78
27%
30
10
Tale A Towne Mfg Co.
......28
York Corp common—
1
4%% convertible preferred
50
58%
76
.
103%
143
Corp
16,200
67
66
*127%
10
(F W) Co
7
102% 102%
*142
Worthington Corp common
10
Prior preferred 4%%
series—100
Prior pfd 4%% conv series—100
Wrigley (Wm) Jr <Del)
No par
Wyandotte Worsted Co
5
Jan
77
—10
Service
21% Sep
51% Jun
28%
76
50
22
58%
38'A
78%
4,800
21%
29
37%
97%
27%
76
100
:
Woodward Iron Co
Woolworth
1
95%
28
99%
83
14
96%
27 %
75'/a
32%
11% Jan 13
21
95%
99%
20
Jan
29
66%
32%
12%
33% Feb
66%
99%
12%
Winn
66%
32
24%
—
66%
*127%
*127%
34%
preferred
*77%
40%
107
107
107
*77%
79
79%
♦78
10
20
1,400
33%
40%
40%
190
103
33%
34
33
40%
107%
100
l
32
40%
12%
common
32
25%
107'A
12.50
55%
24%
112
40%
33%
3
3
21%
32%
25
107%
*24'A
53% Dec
86
40%
Prior preference
20
Wilcox Oil Co
5
Wilson & Co Inc common—No par
$4.25 preferred ——No par
Wilson-Jones Co
IQ
96% Nov
Mar 14
32
*107
8%
148% Jan 13
24% Feb 21
2,400
112%
*103%
White Sewing Machine common
&
24%
24%
111%
105
96%
3
18%
*103%
8%
5%%
18
"v
104
Electric com
3.80% preferred series B
Westoh Elec Inst Corp
Co
18
,
104.
Westlnghouse
Motor
23%
:
*111%
25%
96%
3
54% Dec
Jan
18%
23%
112
1
Jan
9% Feb 15
Mar 29
Mar 14
17%
83
24%
17%
•
25
100
100
7% Mar 30
Feb
17%
18
34%
88
88
23%
*87%
87%
24%
111
White
18% Mar 21
35
87%
23%
5
31
30
34%
87%
24%
100
100
Jan
142
35%
87%
pfd
42
Jan
35%
23
*28
new
6
9% Mar 18
*23'%
.36%
*14%
34% Jan
95
'
1
5
15
83
Dec
39%
39%
Feb
4
38
8,700
39%
29
27
Mar 31
36% Feb 21
77% Jan
37
49
8
58
100% Mar 14
9
8
48%
Jan
49% Mar 14
96% Jan
3
21% Jan 26
75
11% Oct
49%
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv nrlor preference—No par
Whirlpool Corp
;
5
White Dental Mfg (The 8 S)
20
40% Apr 23
30% Jan
4
6 % Jan 22
48%
28%
Ma*
12
49%
97%
13
NOV
49
27%
6
94
48%
95%
7
12
47
Westlnghouse Air Brake—
66
Jan
47%
Western Union Telegraph.
9
77
3,300
47%
68%
21% Jan
Jan
6,700
50
67
21% Dec 23
69% Nov 22
116
33%
49%
Western
10% Jan
2
16
32%
50
39
12% Dec 31
33% Aug
32'/a
48'A
30
Mar 10
147% Dec
18%
32'A
52%
79
37
19
19
34
49
79
26% Feb 28
12% Feb
18%
33%
58%
6
20% Dec 14
Jan 21
127% Jan 11
6,900
18%
34
51%
18%
58%
7
19%
33%
38%
15
1,900
19
51
30
30% Mar
11 Va
19
39%
103% Mar 18
11%
52
29%
83% Feb
17
10
11%
34%
97% Mar 25
26
103%
19
59%
15
*103%
51 y4
100
Pacific BR
17"%
103%
34
23%
Paper com
Auto Supply
Issued"
18%
103 %
11%
11%
38%
6
78% Dec 10
18% Jan
Jan
11%
32% Feb
18
24% Jan
11%
*
'19%
37%
preferred
"When
17%
18'A
103%
11%
11%
11%
11%
11%
*103%
73% Jan 28
25% Jan
6
73% Mar 14
100
Pulp &
18
103%
*29%
22% Jan
22% Jan
Jun
Jan 22
28% Jan
Jan
Va
4%%
11%
18%
103%
Western Maryland Ry common—100
4%
noncum 2nd preferred
100
18
26
9% Apr
7
17% Oct 20
137
74
West
11%'
39%
Western Air Lines Die
43% Apr 28
18% Dec 30
52% Nov
8
Apr 28
11%
36%
preferred series B
4.10%
preferred series C
West Virginia Coal & Coke
Jan
Jan
103%
40
4.20%
35
3
*103>A
5
Co
107
18
18
700
5
Corp
West Kentucky Coal Co
41% Nov 29
Jan
11%
18 y4
No par
preferred
13
41% Mar
11%
18'/a
*68%
.1
indies Sugar
Penn
109
68%
11%
Snowdrift com—2.50
convertible
110% Oct 29
105% Aug 10
8% Jan
4
68
2.50
—
Penn Power 4%%
Mar 31
69%
Webster Investment Co
West
34
69%
—5
West
1
69%
-No par
3
Wayne Knitting Mills—
Wayne Pump fin
1
Apr
68%
11%
68
_
18
103
U20Q
68
68
_No par
104% Jan
4
29
—
Power
Feb
27
13%
29
1
Washington Oas Light Co
112% Anr
108
Jan 14
101% Feb 15
99% Feb
Jan
91
1
23% Mar 14
104% Jan
31
13%
29
Inc__
__
Waukesha Motor Co
17
13%
29
100
& Pipe
Petroleum Corp
Wash
24% Dec 20
26% Dec
2
13%
29
81
—1
Foundry
37% Mar 24
17% Dec
14
29
x81
No par
W
&
Bros Pictures
Warren
21
*13%
29'A
—_
Warner-Hudnut Inc
Feb
13%
28%
.
Warner
5
4
19% May 14
G
—
3
42
79 %
*13%
29'A
Baking Co common
5%%
preferred
:
Wardell Corp
7
9% Jan
13% Jan
Co
5.800
78%
80%
13%
29 y4
IOO
Ward
8
52% Jan
11
25% Jan
3
Walworth
78%
78%
80%
13%
—10
preferred
—
36% Feb
62% Mar
30% Mar 14
11
17
Jan
3
78%
79%
%
..No par
Walgreen Co
Walker (Hiram)
20% Jan
18 »/4 Mar 14
Jan
25% Jan
3
11% Mar 28
6
17% Mar 31
103
7
21
RR 4%%
550
10%
5,100
55
55
3,000
24%
25%
10%
7,900
57 y2
500
26%
27%
2,600
77%
75%
77%
19,100
15%
14%
15
102% 104%
104%
105 Va
4,900
9%
9%
9%
11,600
*56
6,100
z
63% Jun
9
4% Feb 26
96
7% May 20
dlvldtntf Tix'riSuPr,Ce#; 110 -*l# 011
—No par
Corp_.
-
—1
9%
9%
9%
9%
102% 105
9%
9%
*In receivership, or petition has been filed for the company's reorganisation, a Deterred delivery.
9%
t
900
...
45%
*85%
<
*
•
*
1,300
49%
*45
100
31% Feb
300
-■
32%
*85%
28%
•. i
12.000
165
87
dlv partic preferred
29% Jan 21
49
31%
*163
45%
3%% preferred
100
Va-Carolina Chemical com—No par
21
49
32% v»;
31%
; 165
*163
45%
noncumulative preferred—100
Oct
*47%
31%
87
—10
Co_
30
28%
49';
163
19'A
45%
Victor Chemical Works ^common—9
6%
163
2%
19 %
18%
>
520
2'A
45%
Vicks Shreve & Pacific By com_lOQ
5%
18%
9,900
86%
Vertlentes-Cmmaguey Sugar Co_ -6%
Vlck
17%
i
500
12%
12
95
X
inc
Raalte Co
v
2%
31%
32'A
12%
/.
11%
95 i-
12
4.
2%
*47%
49%
166%
300
13%
11%
95
2,800
45%
*86%
1%
Van
32%
*163
*12%
18%
36%
87
America
Co
Norman
.;;
12%
12
95
18%
*35 y2
45'/4
1
100
No par
Co
2% Mar 22
39% Feb 11
Utah
,
32%
166%
18%
36%
17%
19
49
49
32%
18%
*36
.
2%
2%
*17%
*263
11%
*94-
18%
36%
2.50
preferred
A Light
5
21
18%
12%
12%
94
2%
49
1
100
Universal Pictures Co Inc com
63% Jan
2%
*17%
No par
com
preferred
12
93%
2%
*36
12%
12%
12%
11%
93%
34% Jan
28% Jan
*12%
convertible preferred—No par
United Wall Paper Inc common—2
4% convertible preferred
50
66
18%
19
36
United Stores (4.20 noncu 2nd pfd_$
170
Jan
1
18%
35%
3
26% Mar 15
31
Stockyards Corp
*36
18%
36%
18%
25
12% Mar 23
84
32% Nov 23
11
18% Jan
preferred
21% Jan
,
2% Mar 25
16% Feb
2
No par
common
noncumulative
3% Jan
37
1% Jan
14% Mar
7%
97% Mar
6
73% Jan
U S Tobacco Co
United
rCash sales. wdWhen distributee
■
:
J
i
■A
Number 5417... The Commercial and Financial Chronicle
Volume 181
(1577)
Bond Record
New York Stock Exchange
<c»
FRIDAY
The
italic
letters In the column
,
Figures
Year
"Interest Period"
point
decimal
YEARLY
•
Indicate in each
represent one
or
the month when
of a point
case
the bonds mature.
32nds
more
LOW
Range for Previous
AND
HIGH
8ALE
GOVERNMENT BONDS
1954
Lowest
after
WEEKLY
-
headed
Range
since
Jan.
Lowest
Highest
108.28 Jan
Monday
Tuesday
NEW YORK STOCK
Mar. 29
Mar. 30
Highest
10
EXCHANGE
108.28 Jan
10
r RICES
Wednesday
Mar. 28
1
Low
Treasury 3 Vis
High
Low
Low
High
'
Thursday
Friday
- ■
Mar. 31
-
Low
High
Sales for
Apr. 1
High
the Week
Low
High
*106.20
106.24
1978-1983
*106.28
107.4
*106.26
107
*106.24
106.30
1995
*100.15
100.18
*100.15
100.18
*100.13
100.16
*100.13
10 J. 16
*100.11
*102.4
102.12
*102.4
102.12
*102.4
102.12
*102
102.8
*102
Bonds(ft)
102.4
Treasury 3s
,
*106.24
106.30
100.13
Treasury 2%s
Treasury 2Vis
Feb
19
Feb
108
19
100.12 Aug
1
100.4
1
Feb
100.12 Aug 25
25
98.29 Feb
Feb
100.22
15
*100.30
101.1
*100.30
101
*100.29
101
*100.29
101
1958-1963
*104.6
*100.26
104.14
100.30
*104.6
104.14
*104.4
104.12
1960-1965
*104.4
Treasury 2Vis
Treasury 2Vis
2Vis
2Vis
2Vis
-k
100.4
1961
Treasury 2Vis
108
1956-1959
104.12
*106.6
*1($
104.8
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
1958
106.14
*106.4'.
106.12
*106.4'
106.12
*106.4
106.12
*100.27
*10'6
100.29
*100.27
100.29
*100.26
100.28
*100.26
100.28
*100.17
1956-1958
Dec 15
*100.25
100.20
100.27
*100.16
100.19
*100.15
100.18
*100.14
100.17
*100.12
100.14
*99.11
99.14
*99.10
99.13
*99,10
99.13
*98.15
98.19
1961
*93.11
99.14
.-1962-1967
*98.16
98.20
*98.13
98.17
*98:12
934
*98.31
99.2
*98.31
99;2,,
*98.31-
99.2
*97.22
97.26
*97.18
97.22
*97.17
97.21
*97.16
97.20
97.14
*97.6:
97.10
97.12
*97.5.
97.9
2Vis
1963-1968
2 Vis
June 1964-1969
*97.10
2 Vis
-Dec 1964-1969
*97.8.
-
July 29
1965-1976
2Vis
2%s
*97.3
97.7
*96.30
*97.1."
97.5 A
*96.29
97.1
—June 1967-1972
*96.31-
97.3
*96.29
97.1
Sept 1967-1972
*96.29
97.1
Treasury 2 Vis
JMe 1967-1972
*96 31
97.3
Treasury 2%s
——1957-1959
June 15
Treasury 2Vfcs
99129 Feb .!&•
100.17 Oct
.99.20 Feb
Treasury
Treasury
Treasury
Treasury
15
100.17 Oct
7
7
2 Vis
Nov 15
2 Vis
International
Jan
7
1Q0.8
93.8
Jan
4
100.O'Au* l2
94.24 Jan
.6
101
Feb
102.10 AU*
2
102.24 Feb
1
101.16 Jan
13
101.20 Feb
102.8
1
Apr
102.28 Feb
96.29 /
*96.23
96.27
*96.16
96.27-
*96.22
96.26
♦96.18
96.^.2
♦J6.23
96.27
*96.18
96.22
97.1
*100.10
100.14
190.7
*100.4.
100.7
*100.6
100.10
-♦100.3
99.28
T. *99.25
98.10
*98.6
98.9
*98.&
98.8
*98.5
98.8
*98.18
98.21
*98.17
98.20
99.27
*100.6
--*99.24
July 15 1972
Mar
1
1976
*98.8
30-year 3 Vis
Oct
1
1981
•100.16
101
*100.16
101
*102
102.16
*102 :
102.16
*102
Jan
102.24 Jan
101.4
24
26
102.4
Jan
26
103
17
Mar
103.12 Feb
July 15
Feb
7
101.4
104
Jan
23-year 3Vis
3
Mar
7
May 15 197s
Oct
15 1971
19-year 3 Vis
3-year 3s—
7
25
Serial
2
1956
Oct
1
Jan
15-year 3 Vis—
fl 5-year
98.4
100.4
98.5
*98.1
100.8
*100
99.26
98.22
*100.16
:
100.3
*99.24
*98.2
-
*98.17
•
11969
*98.8
98.24
•103
*98.8
98.24
■
*.
*99.23
99.25
*98.
?
98.4
*97.30
98.2
♦98.14
98.18
♦98
93.16
98.20
98.24
*98.8
*93.8
98.24
«
98.24
*98.8 "
*98.898.24
98.24
*98.8
98.24
*98
98.16
101
101
*100.8
102.16
*102
102.16
*101.28
103.16
>
*100.16
*103
1 100.24
102.12
103.16
♦103
103.16
*103
103.16
*102.24
103.8
*100.24
101.8
*100.24
101.8
*100.24
101.8
*100.24
101.8
♦100.24
101.4
*103
103.16
*103
103.16
*103
103,16
*103
103.16
♦102.24
103.8
*101
101.16
•101
101.16
*101
10i.l6
♦100.24
101.8
100.24
*100
100.24
*100
100.24
*100
t
1959
vas
bonds of
96.22
Development
25-year 3s
5
r
*100.4
98.5
•
i*98.19
*,
100
'
100.9
98.6
*38.2
•
*100.5
--
'99.26
*98.3
25-year 3s
102.4
6
104.12 Man 10
104.24
96.271
10
Jan
96.22
96.31
14
102.8
97.2
96.26
*96.27
*96.23
99.12 Jan
2
•96.30
*96.22
*96.18
97
,99.10 Feb
101.16 Mar
?9
97.2
96.2ft-
i.8
98.24 Jan
-♦96.30
96.29
96.31
*96.29
100.14
*99.26
97.16
496.241
.
98.16 Feb 23
An* .9
97.6
Bank lor
Reconstruction At
94.8
1960
97.5
"
99
*97.12
*96.25
*96.27
*98.7
'
*97.1
'
;
*100.4
1956-1959
Dec 1959-1962
—
*97.2
4
98:14
*38.20
496.23
:
♦100.10
1958
June 1959-1962
2 Vis
2 Vis
4*96.28
'
97i6
'
99.12
*93.10
-
97.7
r*97.2;
,
97.2
-1966*1971
2 Vis
Treasury 2Vis
■I
*97.3'
'
Treasury
Treasury
Treasury
Treasury
*99.8
98.16
*98.3p
Aug 15 1963
2Vis
'
106.8
•100.24
101.8
1956
•100
100.24
.
:
-
-
1950
2s
due Feb 15
>100
100.24
2s
not
*99.24
100.24
*99.24
100.24*-
*93.24
100.24
*99.24
100
*99
100
*99
100
*99
100
*99
100
1959
*98
99
*93
99
*98
99
*58
99
*98
99
due Feb 15
1960
*97.16
98.16
*97.16
98.16
*97.16
98.16
*97.16
98.16
♦97.16
98.16
due Feb 15
1961
•9G.16
97.16
*96.16
97.16
*96.16
97.16
*96.16
97.16
*96.16
97.16
2s
liThis issue has
100.24
*99
2s
transacted this day.
*99.24
1958
due Feb 15
2s
and asked price.. No sales
1957
due Feb 15
2s
•Bid
due Feb 15
2s
due Feb
1962
*95.16
96.16
*95.16
96.16
*95.16
96.16
*95.16
96.16
♦95.16
96.16
as
yet been
15
admitted to Stoc
RANGE FOR
Friday
BONDS
Interest
New York Stock Exchange
Period
.
or
Sale Price
WEEK
APRIL
ENDED
Odd lot transactions,
a
1
1961
3s
Bid & Asked
Sold
Jan.
No.
High-
Low
New York Stock
1
High
Brazil
Unification
Quar-June
Registered bond
r
Interest
Exchange
June-Dec
105 %
105 A
105 %
13
102 hi
19—
20—
June-Dec
__
June-Dec
__
1
June-Dec
3Vis series No. 22—.
105'/a
June-Dec
June-Dec
June-Dec
3Vis series No. 28,_
Foreign Securities
Brisbane
Telephone
Members
120
New York Stock
Cauca Val
Broadway, New York
NY 1-1693
SAChile
(Dept of)
(Republic)
§A7s
external
assented
A6f
AOs
sinking fund 6s 1948
April-Oct
Akershua (Kingdom of Norway) 4s 1968—Mar-SeP
*99%
lAAntioquia
*86%
7s
A
1945—Jan-July
§ A External sinking fund 7s
ser B 1945
Jan-July
5 AExternal sinking fund 7s ser C 1946—Jan-July
§ AExternal sinking fund 7s ser D 1945—Jan-July
*86%
AExteraa1
sinking, fund 7s
*86%
AExternal
sec
AExternal
sec
20-year 3s
s
sink
Australia
fd
sink
ser
2nd
7s
fd
1st
ser
3rd
7s
1957—April-Ocf
*86%
*55'/a
10-year 3As
1957
.—
-June-Dec
100%
98%
June-Dec
3%s
1962
15-year
3Vis
1969—
fABavarla
(Kingdom of)
10-year
(City of)
s
6s
t
(U
s
Stamped
86%
—
86%
87
86%
—
86%
y,
„
1
56%
100%
12
99%
101
97%
100%
99%
97
98
987/«
6
98%
98%
124
97%
100% 100%
33
100 %
98%
100%
101
27
Feb-Aup
100
IS
100{;! 10013
4
102%
102 Vi 103%
40
100
101%
f 6%s of
s
reduced
to
63
60
73
80
70
83
June-Dec
100
to Plan
66
1957
April-Ocf
(interest
April-Ocf
A
A
66
17
64%
101
*99
100
67
101
6s
65
64%
65
18
62%
65
April-Ocf
Jan
1961_
Extl
assented
sink
6s
1963
fund
$ bonds
3s 1993
Mortgage Bank 6%s 1957
A6%s
assented
1957
assented
SACologne
(City
AColumbia
(Rep of)
A6s
of
3s ext
1927
Jan
due
(Republic of) 7s
2s ref $ bonds 1953 due 1972
Cuba
(Republic of)
May-Not)
1946
1947
__
__
__
„
__
'
69%
39%
68%
69 %
'
„
39%
39%
Feb-Aug
__
69
39%
1
68%
40%
40%
40%
68%
95
68%
40
i
w--.
■'
,
39%
61%
69'/a
41
69%
69%
39%
39%
*69
69%
69%
v
—.
69%
'•
„
2
*40%
14
*12%
12%
64
124
138
119
119
120
122
122
122
64%
1
64%
"
62%
1978
June-Dec
65
64
64%
80
79%
86
79%
85%
64
65
65
28
for
funding bonds of 1931 due 1951
to Plan A (interest
reduced to 3.375%)
1979
April-Ocf
.6.
„
„
100% 100 V*
2
100
„
100% 100%
7
100
__
*68%
__
112%
66
70
59%
2
112% 112%
51
59%
57%
110
Financial
Inetitutione
>
Stamped pursuant
External dollar bonds of
1944
*63%
(Plan B)—
3 Vis series No.
1—
3 Vis series No.
2
June-Dec
3 Vis series No.
3
June-Dec
3Vis series No.
4_
June-Dec
June-Dec
.
80
80%
80%
80%
80%
8C%
*79%
84%
79%
securities
FIRM TRADING
85%
79%
foreign
MARKETS
86
3Vis series No.
5
June-Dec
3Vis series No.
7
June-Dec
3 Vis series No.
8
June-Dec
3Vis series No.
9
June-Dec
*89 %
90
90
3Vis series No.
10
June-Dec
*89%
92
92
June-Dec
*86
87
89
June-Dec
*87
3Vis series No.
11
,
3Vis series No. 12
!
86
3Vis series No.
13_
3 Vis series No.
14—
3 Vis series No.
15
June-Dec
June-Dec
June-Dec
92
86
86
92
For
footnotes
June-Dec
I
June-Dec
17
see
p^ge
33,
*83
79%
86
parl marks & flo. inq
FOREIGN SECURITIES SPECIALISTS
-
*82
3 Vis series No.
80
86
86
*84
3Vis series No. 16
81%
89
*79%
*
86
85
84
85
St., New York 4, N. Y.
80
85
88
85
79%
84
79%
50 Broad
Telephone HAnover 2-0050
68%
—
66%
64%
14
*133% 140
*119
65%
64%
39%
39%
U~
(interest
April-Ocf
69%
38%
40
1
June-Dec
to Plan
41
%
39
•
*40%
64%
__
June-Dec
1977
40%
69
40%
69%
40%
68%
*69
—,
„
Apr-Ocf
4%s external
40
68%
.
,.
June-Dec
May-Nov
U&y-Nov
1951
41
68%
39%
69%
Mar-Sept
1950,
jASinking fund 7s of 1927 due
lACopenhagen (City) 5s 1952
25-year gold 4%s 1953
!
Rica
39%
*40%
lu
June-Dec
5s 1951
1926
69%
*40% a Iv.-.
;
sinking fund dollar bonds 1970—AprfZ-Oct
Mortgage Bank 6%s 1947
April-Oct/
of
68%
*69
June-Dec
,—
6s of 1928 Oct 1961—April-Ocf
1961
Jan-July
7s
1
'
lAColumbia
f A Sinking fund
69'A
*40% a_
__
Mar-Sept
6%s
of)
40%
40%
39%
1961.!:
I960-
(Hukuang Ry)
40%
*69
__
Aprfl-Oct
Aprfl-Oct
AGuaranteed sinking fund 6s 1962
May-Nov
A6s assented
1962
.»
May-Nov
A Chilean Consol
Municipal 7s I960——_M&r-Sept
A7s
69%
1
June-Dec -*40%
.
1961
assented
AGuaranteed sinking fund 6s
A8s assented 1961
56%
68%
40%
*69
__
June-Dec
100'/a
54%
*40%
__
June-Dec
98%
1
56
*69
__
__
May-Nov
100%
*40%
__
__
"
57
98%
J
98%
*69
__
May-Nov
1963_
40
103%
103%
*40%
__
April-Ocf
fund
98%
98%
54
101%
->69
__
1961—Jan-July
Jan-July
1962
sinking
2
2
*40%
__
Feb-Aug
—Feb-Aug
.
assented
A 6s
i A Costa
(interest
1979
1952
3.5%)
102%
103 %
*70%
1941
1926 due
reduced to 3.375%)
Stamped pursuant
J;!
*61%
6%s of 1927 due 1957
(Central Ry)
100
101 •/,»
ApriZ-Oct
to Plan A
3.375%) 1979
to
f
139
128
>134% 144
June-Dec
8s
1961
100%
3
55'/a
101% 101%
102%
69%
__
Aprfl-Oct
6s Feb
1961—
assented
AExternal
AChile
54%
53 Va
June-Dec
external
1960
102% 1031/4
55 %
100%
1
40%
__
sinking fund 6s Sept 1961—_Mar-Sepf
Sept 1961
Mar-Sept
AExternal sinking fund 6s 1962
—-.Aprfl-Oct
A
June-Dec
Stamped pursuant
5%
86%
86%
extl 7s 1955
f 4s 1964
pursuant
reduced
AExternal
IA 7s
86%
——
98%
98%
Stamped pursuant to Plan A (interest
reduced to 3.5%)
1978
June-Dec
AExternal
1
of)
S
6s
87
87
101% 101%
*6.9
__
May-Now
^April-Oct
i960.'.
sinking fund
assented
AOs
—
1945
1958
f 7s
s
93
.85 Vk
*55
AExternal
AChinese
6%s
§A6%s external loan 1950
;
101 'A
100% 100%
93
Feb-Aug
June-Dec
State)
(Free
loan
A Berlin
99%
—:
—
—
100'/a 100%
June-Dec
—
15-year
lABrazil
__
—
A6%s
Feb-A up
20-year 3%s 1966—
Extl
„
(Commonwealth ot)—
20-year 3%s 1967-
"Belgium
*86%
Jan-July
ser
10-year 3%s 1956
V
86%
*86%
1957_April-Ocf
1957_Aprll-Ocf
f $ bonds 1978
fund
assented Feb
A 6s
....
'
collateral
1978-Jan-JuZy
1942—_May-ZVo»
83
93
98%
__
f bds
ARy external sinking fund 6s Jan
§ AGuaranteed
(Dept)
assented
AExternal
s
1942
AExternal sinking
Foreign Government and Municipal
Agricultural Mortgage Bank (Columbia) —
§ A Guaranteed sinking fund
6s 1948
Feb-Auy
Mar-Sept' :
30-yr 3s
81
*86
__
25|year 2Vis 1975/
Teletype
Exchange
87
*85
„
REclor 2-2300
87%
__
*79%
__
__
sinking fund 5s 1957
Mar-Sept
Sinking fund gold 5s 1958
Feb-Aug
103%
Caldas (Dept of) 30-yr 3s s f $ bonds
1978_Jan-J«Zy
Canada (Dominion of) 3%s 1961—.
Jan-July
25-year 2% 1974
Mar-Sept '1 98%
Wertheim & Co.
90
79 %
__
.
(City)
96
89
86%
*82
„
June-Dec
83%
88
II '
*80
June-Dec
June-Dec
79%
86%
*79%
__
29
High
82
1
•
90
__
3Vis series No. 30
82
1
79%
*79%
>
June-Dec
June-Dec
.
Low
*79%
__
__June-Dec
3Vis series No. 26
3Vis series No. 27
Jan.
No.
*87
__
Range since
Sold
—
*85%
__
3%s series No. 24—
3Vis series No. 25
Bonds
High
82
__
3 Vis series No.
Friday's
*79%
3Vis series No. 21—
Jane-Dec
1980
Corporate Stock
or
Bid & Asked
Low
3Vis series No.
Issue—
Sale Price
3Vis series No. 23
3%
transactions.
Week's Range
Last
Period
(continued,!—
3Vis series No.
♦ll'OVi lllVi
York City
New
sale,
100.24
"
'
BONDS
Range since
3%s series No. 18
Canal
Cash
e
Friday
Bonds
Friday's
Issue—
Panama
Transit
k Exchange dealings,
>
Week's Range
Last
Low
Territorial
:
Teletype NY
1-531
101
; 101%
69
59%
113
29
The Commercial and Financial Chronicle...
(1578)
NEW YORK STOCK EXCHANGE
RANGE
Friday
Interest
BONDS
Exchange
Hew York Stock
rr
Period
Last
Sale Price
Gxechoslovakla
(State)
Jan-July
or
Aprll-Ocl
AprZZ-Oct
(Republic of)
f
extl
s
German
bonds
dollar
(Republic of)
lAPrankfort
54%
26
100%
*38%
1978
1
IASao Paulo
1952
Map-Nov
Stamped pursuant to Plan A (interest
reduced to 2.375%) 2001™
May-Woo
57
A8Vis
77
81%
¥
8s
dollar
3s
bonds
8b
April-Ocf
81%
8 li/a
April-Oct
55
54%
56%
1963—Jan-July
68
67%
68 %
*15 Vi
20%
20%
20%
IA 8s
128
80
86%
1972
60
53
60%
40
65%
70%
dollar
4s
56
I
bonds
1953
due
1972
Apr-Ocf
—
26
66%
65
631/a
dollar
bonds
1980
June-Deo
75%
74 Vi
75%
88
69%
bonds
1972
June-Dec
55%
54%
56
27
53
60%
(extl loan 1924 Dawes loan)
§A7s gold bonds 1949
German Govt International
loan
1930
due
paid
mtge
1950
gtd
Italian
Public
ext
f
s
May-Woo
29%
26
131
20
April-Ocf
Jan-July
3s
1977
27
47
25%
33%
132
9
5%b
|A5s
100
61
62%
58
60'/a
60%
60%
57
65
1965
«s
115
f
s
to
bonds
$
1961
lst
1953
Feb-Aug
~2
59
65%
113%
—
96%
*141%
May-Nov
1975
167%
__
141%
85%
82
20%
27
87
57
54 Vi
56 V*
11
(1942
ASmall 1968
Mexico (Republic of)
1899
1968_jan-juZu
Id
9%\
1
due
1945
due
1961
Alabama
~9%
(1922
agreem't)
1
n
III—I
assented
16%
*16 '/a
ASmall
4s
IIIIII
of
assented
(1942 agree't)
(assented
to
6s of
1833
(City of)
17 Vi
American
10
%
~9%
15%
2%s
16%
2%s
Plan
A
39
15%
16%
2%s
debentures
debentures
17%
8%s
conv
18%
18
18 J/a
3%8
112y8
■
—
—
—
68
*38
Bank extl 8lnk fund 5s
*38
__
—
—
*99% 101%
fiA
58
3s
38
—
—
—
J0an extl
1
extl
»a©
i
I a Poland
debentures
W Products Co
assented
Porto Alegre
8s
1961
1963
36
tn
11
•4®*ternal
secured
reduced
to
of)
to
8s
to
1946
Plan
A
11 %
—
*40 Vi
Plan
A
41
to
2.5%)
*76%
16
f
—
—
151
*64
—
*41
*58
2
—
10
A
¥»
61
—
footnotes
s*>e
page
33.
93%
93 Vi
93 %
16
92%
95%
94%
95
35
93 Va
97%
25
103 Va
105 Va
94%
104%
36'/a
C
ser
96%
102%
101%
99 Vi
102
96%
136%
149 %
28
101 % 101%
99 %
98 %
9
102% 102%
Feb-Aug
98
430
97%
143 % 145
101%
104
57
101
43
99 %
101% 102
99 Vi
17
100
-
101%
101
103%
June-Dec
April-Ocf
*98
99
103
103
—Quar-J«n
ApriZ-Oct
May-Nov
*85
90
82%
Mar-SepZ
102%
119%
119% 120
119
121%
May-Nov
debs
115%
115% 115%
1
114%
116%
102% 102%
4
102%
102%
108% 109
8
108%
109%
102% 102%
1
101%
1962
Ry 3%s 1963
"82%
97
102
73%
83
97%
103
83%
*78
ser
May-Wou
June-Dec
1964
A
._Mar-Sept
1980
1972
102%
84%
:
78,,
362
80%
84%
5
'
102 % 102%
•—
Jan-July
Jan-July
Jan-July
1979
100%
102%
98%
28
104'%
164%
98%
*103
97%
103%
103%
103
103%
103
105%
105%'
105 J/4
100
105
23
102
105
21
105 Vi 106
104%
107%
165
94
103
18
94
103
46
93%
100%
106
102%
106 Vi
due Dec
101%
101% 102 Vi
K
due
March
1
2000
Mar-Sept
due
March
1
1996
Mar-Sept
100
100
June-Dec
104 %
104 % 106%.
May
87 %
87 %
88%
102%
102 Vi
102%
8
100%
100% 102%
and
general
1995
1
June-Dec
6%
mortgage
1995
1
100
—
.
1
101% 102 Vi
12% %
3%%. contingent interest)
Series J due Dec
2010—
21^
79
41%
80
89 J/4
82
58 Vi
First lien
Vi
5
and
ref M 4s series D
65
36
ABerlin
•43
58
—
*52
39
67
—
City Electric
|A6%s
Vi
f
s
s
Bethlehem
Consol
—
f
—
50
*60
—
debentures
Steel
♦39
June-Dec
109 Vi
45
109'% 109 J/4
~4
47
First
62
62
First
40 V2
42
41
120
93
99
99%
5
98%
6
105 Vi
95%
9
951/4
&
1959
2%s
series
J
1976
Jan-July
May-Wou
Jan-July
Mar-Sept
Mar-Sepf
97 Vi
96%
96%
*98
*97 y8
82%
4%s series JJ 1961
ApriZ-Oct
series RR 1960
Jan-July
mortgage 4Vis series A July 1970_May-Wou
Bristol-Myers Co 3s debentures 1968
April-Oct
Brooklyn Union Gas gen mtg 2%s 1976—Jan-July
4s
82
100
May-Wou
AInc
.
*105%
95
100
103
*83%
108%
98 Vi
104
118%
105
—
118%
97%
11
96
96%
14
96%
99Vi
99%
101 %
100
98%
—
97%
99%
100
3
100-
87
79
823/4
3
82%
100
100 y8
78
65%
68
80%
57
72%
79%
27
53%
69
99
—
79%
65%
80%
971/4
79%
•
•97 Vi
♦95
97 Vi
101
104
—
RR—
mortgage 5s series AC 1967
mortgage 5s series II 1955
mortgage
mortgage
*105%
Feb-Aug
2%s series I 1970
mortgage
Maine
95%
Corp—
Boston
1091/4
19
*91 %
June-Dec
50%
39
40%
—
96%
97%
105% 106%
99%
ApriZ-Oct
1951—
64
First
*4i
1955
63
42
—
June-Den
6s
debentures
conv
Consol mortgage 3s series K 1979
Borden (The) Co 2%s debs 1981
First
*41
4Vis
49%
56
*63
—
36
97
1985—Jan-July
1970—Jan-July
Bell Telephone of Pa 5s series C
1960—April-Ocf
Beneficial Industrial Loan 2Vis debs 1961_Map-Nov
Bangor & Aroostook RR
151
56%
104 Vi
Toledo-Cincinnati division—
83 Vi
141
101'/a
S'western
41
Consol mortgage
*74
June-Dec
April-Oct
104% 104 Vi
97%
143%
M
A6Vis
36
(interest
1867 stamped pursuant to Plan
A
(Interest reduced to
2.25%) 2004
IA Rome (City of) 6 Vis 1952
88%
95%
G
12 Yi
40%
__
April-Oct
gold 1968
95%
94
1995—
Line
4%s-4s
debentures
Ref
.
reduced to 2%) 2012
June-Dee
A7s external loan of 1926
due 1966
May-Woo
Stamped pursuant to Plan A (interest
reduced to 2.25% ) 2004
For
Air
4%s
fixed and
78
__
'
151
Feb-Auo
Plan
92
& Santa Fe—
—
1999
79 Vi
18
94
1980
May-Woo
div first mortgage 5%
ser A
(3%% fixed & 1 Vi % conting int) 1980_Jan-JuZp
12%
401/2
Vi
*76%
GSWatf loan of 1921 1946
April-Oct
Stamped pursuant to Plan A
(interest
reduced
93 Vi
Series
|A*»
& external sinking to
fund
Stamped pursuant
74%
Series
14%
10%
40 Vi
——
*40
Mar-Sept
April-Oct
(interest
348
33
Refining 2%s debentures 1966
Series
*
Feb-Aug
2012
(State of)
90%
79 %
29
Refunding 4s series A
Jan-July
April-Oct
1953
87
Pittsburgh Lake Erie & West Virginia—
(interest
2001
6Vis
2%)
Rio Grande do Sul
71 Vi
4
7s 1950
2-375^)
Stamped pursuant
41
11%
11%
198
87%
B
72
1
98
88%
88
95%
mortgage 4s series A July 1975
Aprll-Oct
First mortgage 5%
series B (4% fixed
and 1% contingent interest) July 1975_Aprll-Oct
Refunding and general mortgage 5% (2%
fixed and
3%
contingent interest) —
71 Vi
13%
*10%
96
98
1962—ApriZ-Oct
April-Ocf
3s
A4%s convertible Income Feb
W
(City
36
12%
11
*12
II
101 %
105 %
Baltimore & Ohio RR—
60
68
11%
102%
99%
21
97 Vb
■78
101%
104 Va
„
90%
1984—
deb
3%s
100 Vi
60
68
—
62
100 Va
94%
1995
mtge
■
*10%
J. i1',"' reduced to 2.25%) 2006
Jan-July
State) 01/28 ('26 loan) 1951_Mar-Sept
lAt? 8 f *°ld extl ('27 loan) 1952
Apr-Ocf
t0
4s
mortgage
3%s
35
100% 100%
105%
99%
102% 102%
9Z%
78
83
104%
89%
1966—
sub
74'%
IO1/2
71
*14
a
pursuant
71%
CI
71 Vi
71
ApriZ-Oct
2375 ?<> 2001
*99% 100
*105%
103
80
83
128% 130%
1
71 '/a
is 1950—Jan-July
pi8n
5s
inc
5s
Investment
uen
69
_
pursuant to Plan A
I^S^-Mata-Danube
lARlo de Janeiro
Co
Atchison Topeka
.
•ni?™!*4 leduCed t0
Stamped
7
•'
—-
*11
Jan-July
pursuant
,1 1966 stamped
36
*71
(City of)—
stamDed
—
104% 104%
First
7s~1947—April-Oct
8lnk fund
1968
assented
&
Associates
99%
—
—
AprfZ-Oct
1 AExternal
sinking fund gold
A4Vis
—
*52
*80%
100%
109%
101
101% 101 %
102%
105
108
April-Ocf
A
101 Vi
83%
103%
—
Mar-Sepf
1960
147
80%
9 Va
83 Va
101%
April-Oct
gold 4s July 1995
141%
1
12%
144'/2
80%
105
May-Wot
1977-
Corp 4s
3%s debs
Inc
first
Atlantic Coast Line RR 4 Vis A
1
*—
April-Ocf
1
1977
103 Va
10
*104
*110%
Mar-Sepf
135
71%
140
1
81
Feb-Aug
128
81'/a
1
8%
13
June-Dec
102Vi
71%
9 %
144%
*102
June-Dec
4
8 li/a
75
11%
COMPANIES
—June-Dec
Atlanta & Charl
130'/a 130 Vi
81
April-Ocf
June-Dec
97%
97
100 J/4
74
15
9
Jan-July
1<J66
1969
Arbor
Atlantic
99
96
—ApriZ-Oct
100%
__
95
29
84'/a
Jan-July
99%
*142%
151%
81%
98
144 Vi
INDUSTRIAL
April-Oct
13
—
99
149
35
99%
9
Feb-Aug
Anheuser-Busch
P
82%
94
144 %
1970—Map-Nov
Anglo-Lautaro Nitrate
—
1
150
98%
*11%
Feb-Aug
Stamped 4s July 1
April-Ocf
A4Vis assented 1958
,Aj?lwbUizatlon loan
A4Vis
debentures
General
__
78
77
*76
June-Dec
102 y8
103 Vi
78
78
77
*99
Mar-Sept
1956
3%s
1031/4'
1959
gold 6s 1940
1972
1964
Ltd
1011/2
II
AND
1979
100'A
103
72%
76%
—
*99
May-Wot
debentures
100
*131
73
131%
—
*94%
June-Dec
1967
100
May-Woo
June-Dec
RAILROAD
3%s
82%
97
97
Feb-Aug
1961
3%s
3
Mar-Sept
_Mar-Sept
Map-Nov
1971
U
99% 100
82%
May-Nov
1978-June-Dec
1984
debentures
Gen
1
7s
to
"3
Mar-Sept
Mar-Sept
8 1 68 lst series I960—June-Dec
8 1 68 2nd series 1961—April-Oct
(Republic of)
99%
131
—
—
Feb-Aug
101 J/a
2008
external
1979
101 %
..
127
70%
73%
Map-Nov
1937)
1979
101
II
127
127
Map-Nov
of
101
"Jextl loan (30-year) 1958
of)
1960
Feb-Aug
ApriZ-Oct
1970—June-Deo
Feb-Aug
100%
1946—Feb-Aug
1964
April-Oct
1?5,8. extended to 1968
May-Woo
(City) Blnklng fund 4Vis 1955
April-Oct
lAPernambuco (State of) 7s 1947
Mar-Sept
stamped pursuant to Plan A (Interest
m/£UCetLt0 2 125%)
<®*PuW1c
6s
101 Vi
101 Vi
*W1»
Oslo
a*
8s
6s
bond
150
June-Dec
June-Dec
100
Mar-Sept
If 5" ex" !oan <3°-yr> 1953
aVS"5 «3, extended to 1963
i
2s
Ann
■.
Of) 6s 1952
Oriental Development Co Ltd
^
1965
120
38
40
—
75 Vi
*77%
*77%
1971
debs
debentures
3%8
*58
76%
Mar-Sepf
American Tobacco Co debentures
Norway (Kingdom of) 4V2s 1956
f
8lnkln8 fund 4 Vis 1965
4s
sinking fund external loan 1963
SVks Making fund
external 1957
lANuj^mberg (City
1971
1982
debentures
17%
(Interest
May-Woo
*131 Va
3%s debentures 1973
19
—
2.125%) 2008
Mar-Sept
ex'! sinking fund 6%« 1959—Mar
-Sept
Stamped pursuant to Plan A
(Interest
reduced to 2.125%) 2008
Mar-Sept
April-Oct
—April-Ocf
1975
debentures
*17%
to
*70 '/a
1980
debentures
li'i
15%
♦53
14
100
Telephone & Telegraph Co—
*18
Mar-Sept
127
3%s debs 1978
3s
debentures
Armour
1
Airlines
2%s
15%
<?,n8dom of) 3%s 1957
'
19867
16
12%
noova 100%
Jan-July
Corp 3%s s f debs 1964—May-Nov
Foreign Power deb 5s 2030—Mar-Sept
Junior debentures 1987
Jan-June
4.80s
—
16
*15%
Secured
£
90 Vi
15
14
Jan-July
external
Canada
&
~9%
—
Stamped pursuant to
reduced
89%
19
1963
America
of
Bosch
-
l952"II~"IIIIlAPrtl-Oct
6 Vis
(8tate)
Secured extl
sinking fund 6Vis 1958
I
16%
—-
ASmall
A
17
Co
2%s
Minas Geraes
90 Vi
1952
6s of '26
debentures
Aluminum
2%s
agree't~ l»60an~-}«ij
ne»,as«ented (1942
IA Milan
A
—
f
s
,
American
(assented To" "1922
1913
~9
"9%
Jan-July
ASmall
a»"
17
3s
16%
16 J/2
'
——
16 »/a
agree-
"(1942 agree't" 19631Ja~n-7uly
assented
Mfg
American
1968—Jan-July
1922
to
Southern
American
|S
»ATreasury
.
5
June-Dec
1910
A4s new
16%
*16%
(assented to 1922 agree't)
1954
new
Great
Aluminum Co of
agree't)-19631jarT-juZw
(1942
ALarge
A4b
90%
*__
*11%
coupon on
1953
extended
Allls-Chalmers
I ASmall
»A
24'/a
1958
Allied Chemical & Dye
1945—Quar-Jon
IALarge
due
19%
mortgage 3 Vis 1984
Albany & Susquehanna RR 4Vis 1975
Alleghany Corp debs 5s ser A 1962
Allegheny & Western lst gtd 4s 1998
»
11
A48 of 1904
24%
21%
June-Dec
Alabama Power first mortgage 3%s
1
Quar-Jon
to
(City oft
lst
_iiiiiiiiiiiii
|A5s assented
9%
1
—
IALarge
new
20%
*20%
1981
'12
conversion
1943—May-Wou
agreem't)
i a smaii
A5s
21%
June-Dec
1958
readjustment
i
assented
of
*21
1962
1961
(dollar
A4Vis assented
AYokohama
6s
|A4Vis assented (1922 agreement)
IA4Vis small 1943
f A6«
73
Map-Nov
Map-Nov
Valle Del Cauca See Cauca Valley (Dept of)
A Warsaw
(City) external 7s 1958
Mexican Irrigation—
ANew
73
73
4s-4Vis-4%8 external readjustments 1978_Feb-Aug
3Vis external readjustment 1984
Jan-July
85 %
26%
86%
Jan-July
98
85
April-Ocf
S%8-4yas-4-fts external conversion
97%
85 Vi
June-Dec
1978
93%
140%
12
♦55%
85 Vi
84
73
95
Jan-July
sinking fund
sinking fund
External
*20%
May-Nov
April-Oct
73
73
Jan-July
June-Dec
to
1952
(Republic)
AExternal
123
163
115
95%
85
—
June-Dec
'27
% ser
mtge
3%8-48-4Vis
♦165%
75
79
*97 Vi
(Kingdom)—
extended
extended
External
Feb-Aug
(State
30-year 3s
29
62%
♦120
June-Dec
85
(interest
1962—
sterling loan of
IA 6s
62%
78%
Tokyo Electric Light Co Ltd—
—
extended
due
lAUruguay
62 Vi
83
*75
1971
5 A With March 1
67
Jon-July
52
*75
Jan-July
1968
extended
(City of) —
A5%s extl loan of
189
98
f
s
1971
Tokyo
137%
178%
61
Jon-July
51
(interest
1958
(40-yr)
AExternal
Mtge Bank) 7s 1957
(Colombia) 6Vis 1954
AMedellln
28%
35%
Utility Institute—
(Imperial Govt)
due
4
♦100
Jon-July
58
>102
2004
loan
external 7s
assented
A5 Vis
100%
.
Mar-Sept
ABVis ext] loan of '24 1954
flVis due 1954 extended to 1964
A5Vis extl loan of '30 1965
5Vi8
100%
—
*180% 187
AprZZ-Oct
1947
*50
_Mar-Sept
Plan A
2.25%)
(Prov of)
A4Vis
—
*100%
Feb-Aug
30-yr gtd ext s f 3s 1977.
5 AExternal 7s
1952
IA Italy (Kingdom of) 7s 1951
AJugoslavia
98%
6%s due
«
Japanese
102% 109%
90
54
Taiwan Electric Power Co. Ltd—
29
1968
B
62
♦165
(Republic) ext s f 3s 1977
Jon-July
Italian Credit Consortium for Public Works
series
25
97
Jan-July
Jan-July
Italian
IA 7s
106%
96%
54
Jan-July
1999
1956
loan
series B secured external 1962
ASile8la
June-Deo
|A Hamburg (State of) 6s 1946
Heidelberg (City of) ext 7Vis 1950
HelBingfors (City) external 6 Vis 1960
30-yr
to
Elec Power—
6yas 1st & gen
part
2.5%)
water
pursuant to
IA6%8 lst mtge s f 1952
6%s due 1952 extended to
—
6Vis due 1950 extended to I960
Greek Government—
A7s part paid 1964
A8s
106
Aprfl-Oct
(Young loan)
High
Bhinyetsu Electric Power Co Ltd—
—
1965
1
(Interest
Sydney County Council 3Vis 1957
Great Consolidated
IA
to
external
A7s
Low
„
Jan-July
Serbs Croats & Slovenes
77%
dollar
Jan.
Wo.
54
54
May-Wop
1950
A8s Becured externa)
3s
6Via
external
reduced
69%
5b
Range since
Sold
—
Stamped pursuant to Plan A
reduced to 2% )
2012
International loan of 1930—
Bonds
High
*69
pursuant to Plan A
reduced to 2.5%) 1999™—Jan-July
Stamped
issue—
German
*76
1957—-Map-Nov
(interest
2012
2%)
A6s external dollar
1953
issue
Friday's
stamped
reduced
83%
sinking fund
Scamped pursuant to Plan A
A7s
1969
Prussian Conversion
to
(State of)
1936
138 %
134% 134%
1936
& fund
conv
8s
secured
(interest
134'/2
1953
82%
(Federal Republic of)—
10-year bonds of
extl
reduced
100
External loan of 1924
6%s dollar bonds
(City)
Stamped pursuant to Plan A
102%
*72
Jan-July
May-Hoy
1967
6Vis
or
Bid & Asked
Low
—
101 Vi 102 Vi
99%
Jan-July
Jan-July
1978
1
Last
Sale Price
High
Ban Paulo
Jan
7s
Main
on
1
1
—
f dollar bonds Jan
8s
AEstonia
Low
Period
.
extended to 1960-t(Kingdom of) extl 4Vis 1962
Called bonds (April 15)
6%)
s
55 Vi.
Jan.
No.
Interest
New York Stock Exchange
(interest reduced to
Stamped assented
8Vis extl
101 Vi
55 Vi
BONDS
Range since
Sold
High
Week's Range
Friday
Bonds
Friday's
Bid & Asked
—
Denmark
XI Salvador
55 Vz
3s 1978
(Dept of)
RECORD
1
Week's Rang*
Low
Oundlnamarca
BOND
APRIL
WEEK ENDED
FOR
Monday, April 4, 1955 j
96%
—
95%
97
—
—
—
lst
mortgage 3s 1980
—
—Jan-July
—
—
Number 5417
Volume 181
The Commercial and Financial Chronicle
....
(1579)
NEW YORK STOCK EXCHANGE BOND RECORD
RANGE
Friday
Interest
BOND8
Period
Exchange
New York Stock
or
Sale Price
1971
3 V2S debs
Co
Bid & Asked
No.
18
94'/,
97%
44
104% 10416
1
10
92%
May-Nov
94%
104%
Jan-July
97%
102
96%
98
3s
Power lirst
1978——June-Dec
Power 3%s 1974
5s A 1962
Canadian National Ry—
"
*__<
May-Nov
Canada Southern consol gtd
3s debentures
Continental Can 3 Vis debs 1976—
98%
93%
97%
Continental Oil
104%
105%
Guaranteed
gold 4%s 1957
Guaranteed gold 4%s 1955
Guaranteed gold 4%s 1956
98
100
a
98 Vi
106% 107'/a
22
105%
108%
107% 10714
9
106%
107'/a
Feb-Aug
98%
103%
(perpetual)—
Jan-July
Capital Airlines Inc 4s'ser A 1960
Carolina
Clinchfield
Ohio
&
.
*
102 s'2
Corp 3s debentures
debentures 1976—
3%s
Celotex
Corp
'
5
105% 106%
*—
72%
:
72%
98%
1
69
4
.
7a
97
97 Vi
AGen
AGen
mortgage
Central RR
Central
Co
New
99
99
23
94Ya
97
25
83 %
87
59
63%
*■.
—r
York
3s
Power
1974
April-Oct
96'%
y
-
4s 1970
4s
'
*91
99
85
86
59%
60%
210
100 % 100%
1
1001/4
Feb-Aug
90%
*101
*100
Afar-Sept
103%
103%
101%
100
100%
121
121
126%
Denver
67
100 %
101%
First
10114 101%
14
100%
102%
104
15
a
oenct,
121
3
104
113
115
*111%
112%
112%
102 %
104%
99%
101 %
__
,
102% 103
refunding mortgage 3%s 1985—Feb-Aug
First and refunding mortgage 2%s 1970—Feb-Aug
1st & ref mtge 3s 1990
Feb-Aug
Chicago & Eastern 111 RR—
April
May-Nov
mortgage inc conv 5s 1997
3%s series
mortgage
income
deos
Chicago & Erie
AGeneral
5s
J
23
oei
i96<j
a
J
dl08
dl08
98%
Y7%
•9
118%
I
89'%
80%
89%
7
79%
27
95
77%
80%
77%
*81%
94 %
89
95
4s
75
76%
71%
Chicago & North Western Ry—
Second mortgage conv inc 4%s Jan 1 1999__April
57%
mortgage 3s series B 1989
Chicago Rock Island & Pacific RR—
1st mtge 2%s ser A 1980
Terre
Haute
ref
86%
9
71%
73
3%s
57%
58%
86'A
77%
77
100%
104
Cincinnati
1st
52%
61
77
*95
99%
93
96
Edison El 111
Elgin Joliet & Eastern Ry 3V\s 1970
El Paso & Southwestern first 5s 1965
83
81
100'/,
103
100% 101%
6
98
100%
1
107
108'/a
97
97
8
96
First
mortgage
C
1969—Feb-Aug
First mortgage 2%s series G 1974
Feb-Aug
I T Financial Corp 2%s 1959
April-Oct
gtd 3%s
mortgage
*97%
—
Jan-July
Jan-July
_
Cities Service Co 3s s f debs
—
1977
j
*105
98%
99%
98%
99
•'
99%
2%s debentures
& Fuel
General * gold
40
General
1993
series B
5s
& Mich
Cincinnati Wab
98
98Vi
Div
3s
mortgage
Gas
1970—Jan-July
June-Dec
3s
1982
June-Dec
Feb-Aug
3%s debentures ser C 1977
April-Oct
3%s
debs
series
D
1979
Jan-July
3%s sub debs (conv aft Jan 1 '55) '64—May-Nov.
Columbus & South Ohio Elec 3%s 1970—May-Sepf
1st mortgage 3%s 1983
May-Noo
debentures
debentures
Columbus
&
series
B
85%
105
99%
102%
—
'
—
mortgage
3s
4s
.
„
mortgage 3s
series N
Feb-Aug
June-Dec
87
1
83%
26
72%
71%
12
102%
20
97
*97%
•
102
101
99%
100
*—
*94
,
94
*103
-
104%
99%
99%
:
99'%
.
—
'
87%
73%
98%
103
101%
94
■
276
98%
98%
*96%
101 %
f debentures 2001
Compania Salitrera—--See
Anglo-Lautaro Nitrate
Consolidated Cigar Corp
98%
98%
1007/,
97%
99%
101
27
104% 105
21
103%
103
105'%
122% 123%
164
118%
126
102% 102'%
10
101 %
104%
100
100
99
%\
99%
*—
98%
17
101%
99%
99%
,100
100%
*96%
96%
96%
98
*90%
91%
90
92
*92%
93%
93
96%
2
*98%
April-Ocf
1965
First
and
refund
mtge
A
1982_Mar-Sept
and
refund
mtge
2%s
2%s
ser
First
ser
B
mtge
2%s
ser
C
1972_June-Dec
May -Nov
93%
1977_ApriZ-Oct
First
and
refund
First
and
refunding
First
and
refund
and
refund
mtge 3s ser F
*92%
96Vi
mtge 3s series E 1979—Jan-Juiy
First
93%
„
3s series D
1st & ref M 3%s ser G
ser
&
ref
M
3%s
1981-
series
1st
&
ref
M
3%s
ser
J
*
1983
I
M
2%s
ser
T
Feb-Aug
June-Dec
1963
(Bait)
—
ref
M 2%s ser
1st
ref
mtge s
1st
19
96%
98%
9
101%
102%
3%s debentures
3%s
3s
debentures
debentures
ApriZ-Oct
U 1981-
1986
A 3s
in
Inc
cum
U
For
S
1978—
debs
footnotes
of
(stpd
2001
see
debentures
3s
debentures
A4s
conv
Goodrich
3%s
Great
page
to
A Green
A
Bay St West
Debenture
debentures ctfs A
and
196
—
98%
06
98
96
3
98%
99
98%
—
"""""
100 Va
*99%
98
99%
102% 102 »/e
99
5
101%
103%
102
8
*101% 102
100% 100'/a
*91
*97%
112
113
95%
96
*
103%
100
100'/a
Collateral trust 3%s
Gulf
_
120
•
96
15%
135
13%
91
Q7
99%
31
qa
109%
114%
97%
94
94
94%
94
95
95%
*101
103
103
*103
II
April
*—
103
16%
104%
140
Mar-Sept
April-Oct
April-Oct
142
102% 102%
112%
113
113%
113%
113%
89
81
98%
78%
83 %
1
98%
98%
89
79%
98'%
80
9u
88%
89%
102%
*89
*__
88%
102
100% 100%
19
99%
102% 102%
May-Nov
Jan-July
May-Nov
11
101%
103%
102 Vi
103 V4
112
131
06
*102
124
125%
102%
70
130
96
*105
First
3s
*142
135
3%s 1983
1
—
132
147%
'-135%
103%
104 Va
102
103%
86
102 Va
103%
97%
97 Va
56
96Vi
99
98%
99
97
98%
102
102%
102% 102%
111
102%
102% 102 Va
99
1027/a 103%
103%
<*95%
98%
163% 163%
99% 100 Vi
100%
99
—
1
13
65
127
125% 128
115%
115% 115%
95
93
93
93
88%
89%
*78 Va
96%
961/2
18%
*103%
100%
118% 131%
124
115
120
95
93
3
80
12
18%
93
95
89%
91
81
9
——
10
82%
96%
97%
75
75
100% 100%
881/2
~5
19
104
2
97%
100%
101'/*
101%
88%
15%
103%
„
*101 1/4
*101%
99%
98%
165
123%
811/2
*75
96%
157
104%
3
95
Jan-July
Feb
102
10
121%
95
101%
86%
——
—
*92%
93%
*96
April-Oct
Jan-July
June-Dec
June-Deo
May-Noo
June-Dec
June-Deo
mortgage 3s 1978
135
156
140 *
149%
*1031/2 103%
1st mtge 1976—May-Nov
debentures
150
*157% 162
Jan-July
1968
States Utilities 2%s
92%
88%
___
99'%
*99'/4 100%
——
—
99'A
mm*
*11
94%
100
——
104
H
fan-July
Jan-July
Jan-July
Mar-Sept
Mar-Sepf
1962_June-Deo
tHudson & Manhattan first 5s A 1957
Feb-Aug
AAdiusted Income 5s Feb 1957
April-Oct
1968
Hudson Coal first sink fund 5s ser A
a
%s
94%
2%s 1976—Mar-Sept
Mining Corp 6s 1949
Hocking Valley Ry first 4%s 1999
Household Finance Corp 2%s 1970
3Vis debentures 1958
I AHarpen
*132
—
118 Vi 118%
95%
95%
102
95%
102
■
1
2
3
*
__
debentures
Illinois Bell Telephone 2%s series
payment
14%
106%
91
93
113'%
First
mortgage 3s series B
A
1981—Jan-July
June-Deo
1978—,
94%
135
140%
118
124
95'%
97'%
102
103
105
106Vi
103%
5
55%
52 %
55 %
284
50'%
59%
33
28'%
33
228
25
33
94
94i/a
92%
95%
*99
99%
98%
101%
103
I
14%
79%
104%
*95
refunding 4s series B
1st mortgage
104%
103
79%
*104'% 105%
Gulf Mobile & Ohio RR—
106%
100%
101%
5
97 Vi
95'%
*75%
Feb
certificates B
198
—
140%
95%
*77%
—
3%s
3 Vis
General mortgage 2%s
General mortgage 2%s
General mortgage 2 Vis series R 1961
mortgage
General mortgage
180
—
127
1
Jan-July
Jan-July
series N 1990—Jan-July
series O 2000
Jan-July
series P 1982
Jan-July
series Q 2010
Jan-July
series C 1973—
General 4Vis series D 1976
5s
1
—
161
95%
Mar-Sept
subord debs 1969—
conv
196
—
134% 136%
135%
Vi'
94%
93
173
Northern Ry Co—
General
106
102 %
177
>
105%
99
166
April-Oct
1965—May-Nov
1945
104%
98%
104'%
1
94
Mar-Sept
1969-
Co first mtge 2%s
Company—
104
ApriZ-Oct
May-Nov
June-Dec
Aprll-Ocf
33.
(B F)
Union
Grand
1
,
103%
173
104%
,
*103%
Works—
4
,
2
Jan-Juiy
debs 1979
debentures
3
—i.
94
96%
& Utilities Corp—
Income
Good Hope Steel & Iron
Cuba—
as
1969
104'/4 104'%
Jan-July
Jan-July
102 Vi
93%
Jan-July
104% 104%
100
98%
5
99
99
13
99%
—
102
100%
Mar-Sept
Jan-July
Jan-July
1961
2%s debentures 1964
103% 103 Va
196
102
10
May-Nov
Jan-July
1958
103 Vi
—
20
IOIV4 101%
Jan-July
June-Dec
3 %s debentures
102% 102%
Feb-Aug
1979
dollars)
1968
1976
Consolidated Railroads
4s
102%
98Va
102Vi 102%
103
G
1969
First mortgage 2%s 1979
First mortgage 2%s 1980
1st mortgage 3%s 1981
1st mortgage 3Vis 1982
99%
103%
1974—Mar-Sepf
May-Nov
debentures
Hackensack Water first mtge
Jan-July
ref
f 2%s ser X
95
—
1976
mtge 3s ser Z 1989
Consolidated Natural Gas 2%s
95%
93
96%
,
1st
93%
•
101% 101%
101%
Jan-July
Consolidated Gas El Lt & Power
ref
Feb-Aug
_May-Nov
Mar-Sept
1984
convertible debentures
1st
1981
H 1982
1st
3s
1972
43
94
100%
II
101
1975
Jan-July
General mtge Inc 5s series A July 2015
April
Fir.lt and refunding 3%s series D 1969-April-Oct
General mtge inc 4s series B Jan 2044
April
94%
<
85%
98
99%
104%
103
4%b 1982
(Germany) —
1945
5A6%s debentures 1940
§A6s debentures 1948
General Foods Corp 3%s debs 1976
General Motors Acceptance Corp—
First
3%s
.1
99
83%
2
85%
*94
General Electric Co
General
II '.*7
*100
Consolidated Edison of New York—
1st & ref M 3%s
Worth & Denver Ry Co
General Realty
—
101% 102
123%
85 %
100
100
June-Dec
^Florida East Coast first 4%s 1959
AFlrst and refunding 5s series A
Fort
General Motors Corp 3 Vis
123%
debs 1961
1977-
105
103
ApriZ-Oct
April-Oct
1999,
debentures
debentures
101
101%
110%
:
116% 123%
104%
98
10
*102% 103
121%
91%
....
April-Oct
sinking fund debentures 1999
f
87%I,
85%
72%
.
102 Vi
1955—Feb-Aug
1977—.
1978
series L
First
3 Vis
3s
1972
■
k-» O OO £
Co—
First
s
100%
nrtl
85
1975
first external
Toledo
Commonwealth* Edison
2%s
——
__
91%
F
& Rubber
Tire
debentures
5 A 7s s f mortgage
System Inc—
series A 1975
3s
3s
s
99%
''
105 %
87%
4s 1990_May-Nou
—
2%s
97%
*101
'
—
1977—Jan-July
2%s 1985
Mar-Sepf
First mortgage 3%s
1986
June-Dec
First mortgage 3s 1989
May-Nov
Cleveland Short Line first gtd 4%s 1961—April-Oct
Colorado Fuel <te iron uorp 4%s 1966
June-Dec
.
*100
—
mortgage
Columbia
103%
96
2
*98
3Vis series E 1964_April-Oc#
First consol mtge 3Vis series F 1990—Jan-July
First consol mtge 3 Vis series G 2000
Jan-July
Ohio Division first mortgage 3Vis 1971—Mar-Sept
§A7s
4s 1991— Jan-July
1st
Illuminating
Electric
Cleveland
3s
*94%
•
June-Dec
—
first coll trust
Division
Louis
First
98%
41
67
104'/4 105
98%
June-Dec
1993.,
4s
Refunding and impt 4%s series E
First
97
2015
Mtge inc 4%s ser A Jan
2%s
"
105
1965
100%
105
Cincinnati Chic & St Louis Ry—
Cleveland
St
June-Dec
June-Dec
1966
1961-
4s debentures
City Investing Co
105
9
'
City Ice
99%
■
__
7
J
86
103
Railroad Co—
Firestone
E
series
1960
debentures
4s
'
Union Terminal—
Cincinnati
First
*.*.
99
Georgia div first 5s 1956_May-Noo
first conn gold 5s 1995_Jan-July
98'/a
'
99
199
101%
99 Vi
80'%
98%
98%
First consol mortgage
108
__
1
3
(N Y)
stamped
5s
108
*99% 100%
tt-
•
105
: e
General
101
Jan-July
Jan-July
101%
102
19
Feb-Aug
April-Oct
Feb-Aug
Mar-Sept
Mar-Sept
Jan-July
.1977
Light
72%
77%
98
100% 102% <
20
86
*
,
.
100%
101%
Feb-Aug
Mar-Sept
first lien gold 4s 1995—June-Deo
78
797/8
86
104
98 Vi
102% 103
1984
*74%
81
II
10O
102
99%
*98%
April
1969
Co 2%s
2%s 1979
2%a 1980
mortgage 3 Vis 1982
mortgage 3%s 1983
mortgage 3 Via 1984
1st
81%
*98%
May-Nov
June-Dec
mortgage
1st
81
88 %
100
*101'% 102%
1982—May-Sept
Mar-Sept
mortgage
74
&
May-Nov
Elec 1st mtge 2%s 1975_ApriZ-Oct
2%s 1978
Jan-July
Gas &
Mack
East Tenn Va &
mortgage 2%s series G 1963.
Western Indiana RR Co—
trust mtge 4%s ser A 1982
coll
debs
1st
Chicago &
1st
&
Duquesne
86%
81%
86
100
r
Jan-July
gold 4s 1995
June-Deo
Detroit Terminal & Tunnel 4%s 1961
May-Nov
Detroit Tol & Ironton RR 2%s ser B 1976_Mar-8ept
Dow Chemical 2.35s debentures 1961
May-Noo
3s subordinated debs 19811
Jan-July
68
218
96%
*—
Second
Erie
First
conv
& ref 27/,s ser N
Detroit
97 %
83%
37
*96%
*99
Jan-July
1958
convertible debentures
Gen
102
12
86%
Jan-July
Chicago Union Station—
First mortgage 3'/as series F 1963
24%
June-Dec
mtge 2%s ser J 1985
3%s ser K 1976
1st
Southeastern Ry—
First and refunding mtge 2%s-4%s 1994_Jan-July
Income 2%s-4%s 1994
Jan-July
Chicago
ref
&
81 %
100
__
102% 102%
_Jan-July
First
'•
70
76'%
*100%
Chicago Indiana & Southern Ry 4s 1956
Chicago Milwaukee St. Paul & Pacific RR—
First mortgage 4s series A 1994
Jan-July
General mortgage 4%s Inc ser A Jan 2019—April
4%s conv increased series B Jan 1 2044
April
.
v
E'dison
&
3s
123
t
30
(3% fixed
mortgage
contingent Interest) 1993
3s series H 1970
General and refund 2%s series I
91%
72'%
122%
*121 % 127%
April
April
Jan-July
119
96
152
89%
79%
April
inc series A Jan 1983
A 2nd mortgage 4%s inc ser A Jan 2003
mortgage
28
*27%
A
1%
Detroit
Chicago Indianapolis & Louisville Ry—
A 1st
27
22%
Denver & Salt Lake—
Gen
jun--oui>/
4%s Jan 1 2038
98%
series
mortgage
Gen
May-Nov
1982
Western
inc mtge
98
May-Nov
1st gold
Chicago Greai
1985
B
2054
Jan
Rio Grande Western RR—
&
Income
Afar-Sept
1958
First and
5s
23
1985
(3% flxed_
1993
(4%%.
contingent interest 2018—
Chicago Burlington & Quincy RR—
First
28
27
May-Nov
2042.
1%
105
*112'/« 115%
Jan-July
1989
102%
Jan-July
gold 4s 1989
first consol
consolidated gold 4s
AGeneral
27
2
May
contingent interest)
Income mortgage series A
4s
6
28
May-Nov
•».
1st mtge & coll tr 4%s ser B 1985-—May-Nov
Delaware Pcgver & Light 3s 1973
Apni-Ocl
First mortgage and coll trust 3%s 1977_June-Deo
First mortgage and coll trust 2%s 1979_Jan-July
1st yntge & coll trust 2%a 1980
Mar-Sepf
1st mtge & coll tr 3 Vis 1984
May-Nov
100%
100%
100%
trust 4-6s May 1
Collateral
Pennsylvania Division—
1st mtge & coll tr 5s ser A
100% 100%
General
3
28
IOV'% 101 %
and refund M 5s series C
mortgage due 1993
121
Second
24
27
28
Morris & Essex division
ioo%
div
24
27
extended
4s
101.%
A
24
1973—May-Nov
& 'Hudson
j.»yo—May-Nov
R &
44
*100% 101'/4
91
-
98%
*101
Feb-Aug
—
M 3v2o
99%
36
36
June-Deo
June-Deo
1970
B 1970.
A
ser
Refqnd and impt M 3%s series E 1996— Feb-Aug
Refund arid impt M 3%s series H 1973
June-Dec
Refund aiiaimpt
-
98
34
35%
1977
debentures
First
97
60
Jan-July
refund 3%s series A 1974—l
3%s series B 1968
First*mortgage
102% 103%
1
36
mortgage
Delaware
*V\
Champion Paper & Fibre deb 3s 1965
Chesapeake & Ohio Ry—
General 4 Vis 1992J
98% 101%
5
Jan-July
June-Dee
1970
30
4s June
equip
&
lien & ref 4s ser
A 1st
117%
86
N
Central Pacific Ry Co—
First and;
97
4%s series B Jan 1 2020
May
J 3Vis 1987———
Jan-July
of
mortgage
lien & ref
3 Vis
99 Va
*99
-
98% 101%
10
98%
J an-July
1963—;—May-Nov
Delaware Lackawanna & Westerh-RR Co—
New York Lackawanna & Western Div
99%
98%
5
*99
,.
99% 100
102% 102%
98%
1973—April-Oct
Jan-July
June-Deo
First mortgage 3%a 1982:
Feb-Aug
First mortage 3s 1984
Mar-Sep
Dayton Union Ry 3%s series B 1965—June-Deo
Deere & Co 2%s debentures 1965
—April-Oct
105%
96%
98%
*115
1995
A
High
100%
June-Deo
1970
(1942 series)
A Income
series
4s
3
97%
D
101
104
t
8
98
Feb-Aug
Jan-July
mortgage 4%s series A Jan 1 2020
May
mortgage
98%
1
Low
*104'% 105%
99%
102%
3s 1978—
First mortgage 3s series A 1978
Central of Georgia Ry—
First
34
98%
Dayton Power & Lt first mtge 2%a
107'/a
100%
-
—,
72%
June-Dec
I960——
1948
103
97%
98
i960—;—_—Feb-Aug
(1947 Issue)
fACentral Branch U P 1st gold 4s
100%
*96%
Feb-Aug
April-Oct
April-Oct
—
19
104% 104%
June-Dec
1965
debentures
3%s
3 Vis debentures
106'/a
Mar-Sept
Carthage & Adirondack Ry 4s 1981
Case (J. I.)
Co 3Vis debs 1978
Celanese
May-Noo
May-Nov
1st mtge 3%s 1966 May-Nov
Bang* ■!■««
Jan.
98%
No.
RR—
1st
; A 1st
10111 104^
103%. 106%
—
—
103% 103%
Mar-Sept
1965
4s
Bold
98
98%
.April-Oct
1984
f debs 1977
s
mortgage 4a
First
consol debenture
Bonds
High
Northern Ry—
AImp
Canadian Pacific Ry—
4ft
Hang*
Friday's
1091/4
98
,
Jan-July
June-Dec
debs
3s
3%s
Co
Crucible Steel Co of Am
99
Cuba
100
or
Bid St Asked
Jan-July
1965.
Continental Baking
Crane
Mar-Sept
first mtge 2%s 1975_
Consumers Power
102 %
95%
*97
April-Oct
Week's
Last
Sale Price
Low
A 1st
California Oregon
Period
High
96'/8
ApriZ-Oct
Interest
BONDS
Cuba
California Electric
1
New York Stock Exchange
1
Low
96
1982
general mtge income
High
Jan.
*102
Stamped modified 4Vis 1957
A5s
Sold
Jan-July
Bush Terminal Buildings 5s gtd 1960
APRIL
ENDED
Range since
1975_May-Nov
Elec first mtge 2%s
Buffalo Rochester & Pittsburgh Ry—
Buffalo Niagara
WEEK
Friday
Bonds
Friday's
Low
Brown Shoe
FOR
Week's Range
Last
9
99%
104
•
/
32
(1580)
The Commercial and Financial Chronicle...
NEW YORK STOCK
RANGE
Friday
BONDS
New York Stock
Interest
Exchange
Period
Last
or
Sale Price
Lou>
434s-33/4S
mortgage
A
ser
1979
1st mtge
3%s
ser
G
May-No®
1st
3¥as
ser
H
1989
mtge
f
s
debentures
Refunding
Refunding
4s
1980
1955
5s
No.
High
Low
BONDS
New York Stock
1
Refunding and
Inland Steel
Co
6s
AFirst
5s
•101%
series
A
6s
93
series B
July
1956
subord
1977
—
Rys Central Amer.ca 1st 5s B
Interstate Oil Pipe Line Co—
3%s s i debentures series A 1977
Interstate Power Co—
mortgage
3%s
mortgage
3s
15
100%
AFirst
126%
126% 126%
112
111
4
102
122 3/4
27
•120%
120% 120%
112
120%
116%
N
108% 109%
99
93
62
93
108%
1
99
3%s
103%
•100
103%
104
Jersey. Central
Power
Kansas
1st
&
Mich
City
Power
mortgage
mortgage
1st
Kansas
1st
1st
1959—June-Dec
98%
98
12
95%
95
95
3
92%
St
Light
2%s
27/„s
1978—,
2%s
1980
96
3%s
series
C
1984
June-Dec
Kansas
101%
1st
mtge 3s 1964
JAKreuger & Toll 5s certificates
April-Oct
1959
97
88
98%
96%
N
10
100%
96%
113
•61%
101%
98 ¥4
•100%
•100%
II
Term
163
Mar-Sept
2%
Lakefront
Dock
1st mtge
3 Vis
&
RR
&
sink
fund
3
2%
100%
35
102%
A
ser
1968
South gold 3Vis
1997_
registered
1%
N
2¥a
&
ref
5s
1st & ref 5s
stamped
June-Dec
1997—June-Dec
92%
92 ¥b
June-Dec
—
A
1970
April-Ocl
1964
90
90
•69¥b
Series A
Series
4s
B
4
fixed
Series C
Vis
interest
5s
ASeries
E
fixed
D
ASeries
ASeries
fixed
4s
2003
F
interest
.-
May-Nov
May-Nov
2003—
interest 2003
contingent
4 Vis
general
4s
•
2003
May
•
72%
series
1962
3s
(P>
Co
3s
debentures
debentures
refund mtg 3%es
First At refund
mtge 2%s
First & refund
ser
refund
Louis
Div
2003
ser
mtge 33/4S
First At
St
F
G
2003
H
ser
mtge 3%s
second
1st
mtge
3'/8s
mtge
3'/as
87 %
2%s
84
88
66%
97%
lti
■■f
I
;
1973
First mortgage 2%s
1980„_
Michigan Bell Telephone Co 3Vi»s
2?/8s
Paul
&
Saulte
St
1979
Kansas &
Missouri-Kansas-Texas
Prior lien
40-year
Prior
5s
4s
series
series
lien 4 Vis
ACum
B
tMissouri
AFirst
Pacfiic
and
AGeneral
AFirst
101
:•
»
101
1967
AFirst
aiid
RR
20
87%
——
34
100 %
98%
101%
A
1965
11
series F
series
G
5Vis series A
and
refunding 5s series
H
3s
May
June-Dec
1949
1980_";
I
Feb-Aug
Mar-Sept
1977—Mar-Sept
1978—May-No®
1981
debentures 1958
Morris At Essex first
gtd 3Vis
May-Nov
April-Oct
Feb-Aug
States Tel
debentures
&
__
97%
__
•100%
$
__
103%
Tel
2000—___—June-Dec
2%s
1986,
1978
May-Nov
April-Oct
Dairy
Natl Distillers
National
National
Steel
1986
2%s
debs
87
1976
Prods
Corp
;
—
1st
s
f
3 Vis
footnotes
see
pqge
91%
•96
series
2¥4s
105%
105% 105%
15
102%
.
100
—
91
90 ¥a
91
68%
67%
68%
98
6
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102
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.
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—
1984—_June-Dec
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mortgage 3s
1974
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—
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—
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—
—
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—
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First
3s
1975
mortgage 27/8s 1980
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94
100%
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99
94
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——
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1979
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97
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98
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102 V4
103 ¥4
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102%
106
At
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St
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&
102
99%
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103%
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88
St
1st
69%
St
1st
92%
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St
First
99%
&
Pacific
98
&
Electric
refunding
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M
3%s
Co—
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series I
Tel
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104%
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1971
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3s series L 1974
June-Dec
99
98%
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June-Dec
98%
3s series N
1977
2¥is series P
1981
98
series
W
2¥is
1976
U
ser
98%
84
93
119¥4
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128%
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100 ¥4
95
98 ¥8
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97
96'A
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97
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102 V4
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102 ¥4
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91
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1978
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debentures
1983
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T
April-Oct
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100
100
101 % 101%
99%
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100
99%
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98
98
99 %
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4
94%
1
99
94%
97
101
V
*
3
101%
103
5
99 V4
103
105 y4
_
105%
1964—June-Dec
100
100
~7
99
100
1st s f gold 4%s 1955—Jan-July
Pennsylvania-Central Airlines 3%s 1960_April-Oct
106
107
15
96
107
Paducah & Illinois
A
15
—
1985—June-Dec
debentures
3%s
98
18
99%
debentures
Oil
32
•rf—
1986
debentures
101 ¥a
98%
99 Va
June-Dec
debentures
3%s
89
98%
100
June-Dec
3 %s
100 %
61
*96%
1985-June-Dec
1984
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100
99'%
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1984
102%
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3s series S
mtge 3¥8s
102 %
99 3A
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14
98
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2%s series Q 1980
June-Dec
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1983
103
—
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3 %s
105%
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1970
refunding 3%s series X
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1966
3s series J
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294
119
96%
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Power
96%
Pennsylvania
RR—
131
&
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Consolidated
sinking
General
series
fund
4 Vis
April-Oct
99 Vs
_Feb-Aup
1960
93%
96'%
92¥B
96 %
General
5s
2
72
75%
General
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98
99%
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mortgage 4%s series E
1984
General
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1985
99%
73 %
101
,
100% 100%
90
2
99%
100
51
70%
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St
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St
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April
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1977
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8
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101 %
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1978
1982
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1983
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111%
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85
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1960—ApriZ-Oct
1974
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1990
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ref mtge
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1981
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series
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97
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B
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i
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101
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—
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1974_Feb-Aug
1978
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i
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78
100
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73
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1984
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131
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II
__
77
102
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32
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*
85
70
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—
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103
78%
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1997
3s
4s
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—Jan-July
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s
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.
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—
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96
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i
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Feb-Aug
1970„June-Dec
1970
debentures
1992
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ser
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.
—
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.
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A
ser
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—
—
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.
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96
—
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.
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Pacific
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:
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'
73
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Nashville
4s
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-May-Nov
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»
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o
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102
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__
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*
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101
95
-
19
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& Malone first
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& Co
72 Va
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.
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-
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.
103
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aiid
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„
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2007—Jan-July
(Minnesota)
104%
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3
101
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1971
1990
Co—
1975
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1978
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f debentures 1974
s
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April-Oct
1962
ser
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—
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1962
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B
1973
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98
Mar-Sept
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1967
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and
first
series D
adjiistment
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24
Feb-Aug
3s
116%
99%
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RR—
A
78%
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Marie—
Texas
82%
78%
69% -69%
•••-■
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(
A
Coll trust
98
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101
Jan-July
1969—Mar-Sept
First mortgage 4 Vis inc
series A Jan
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ser A Jan
Missouri
78 ¥4
—June-Dec
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ti
103
1988—April-Oct
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sinking fund debentures
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Mfg 23/4s
St
1986
2043
88
10
99
87 ¥4
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1974_ May-No®
1969
1969
37/8s
Minn
25
1983
4s
—Feb-Aug
Michigan Central RR 4Vis series C
Michigan Cons Gas first mtge 3Vis
mortgage
80%
mortgage 3%s
First
100 ¥4 101
Jan-July
Feb-Aug
Mar-Sept
1978
3%s debs
Corp first mortgage 3s 1966_
Metropolitan Edison first mtge 27/8s
First mortgage 3%s
80
April-Oct
April-Oct
First
Mead
First
A
series
81'/.
103
Feb-Aug
Feb-Aug
debentures
92
80
1980
'
100% 100%
103
& Co 2¥8s debentures
1972
May-Nov
Mane Central RR
5%s 1978—
Feb-Aug
Munati Sugar 4s
sinking fund Feb 1 1957—May-Nov
Manila RR (Southern
Lines) 4s 1959
—May-Nov
May Dept Stores 2%s debentures
1972
f
85
87%
1983
''''
'
.
77 ¥4
80 ¥i
June-Dec
2000
B
4s
mortgage
General
99
72 ¥4
78
Feb-Aug
3%s T998_Feb-Aiig
1989
79
96
140
286
mortgage 27/8s
Prior
101
*997/u
•120
Macy (R H)
s
3%s
Telephone 2¥4s
3%s
M
3 Vis
F
72%
n,
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90
mortgage 3%s
73%
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101%
10
83¥4
1974_Mar-Sep|
"
11
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1979—May-No®
1984
McKesson & Robbins
Y
84
I
73 ¥4
81%
0
April-Oct
1982
1st
series
Northern Natural Gas 3¥bs
3%s g f debentures 1973
79
80
101%
98
9 8 ¥4
82¥b
mtge conv inc 4%s series A 2022—May
1st
Northern
96%
1
April-Oct
April-Oct
2003
1980
73%
1
101 %
98%
89
General
93%
99 3A
75
75%
Norfolk ti Western Ry first
gold 4s 1996—April-Oct
Northern Central general & ref 5s
1974—_Mar-Sept
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87
78 ¥i
•115%
2003—ApriZ-Oct
I
ser
gold 3s
1st mtge
Louisville Gas & Elec
97%
•84%
——April-Oct
First &
94
82%
Mar-Sept
1976
2
77 %
April-Oct
3%s debentures 1978
Louisville At Nashville RR—
63
1
72%
May-Nov
1963
75
92%
81%
May
71'/.
59
102%
9
82%
General
>
2
v>
82%
82%
§ A Lombard fel.ectric 7s series
A 1952——June-Dec
Long Island Lighting Co 3%s ser D
1976_June-Dec
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92
100
19
11
101
98 ¥4
Feb-Aug
refunding mtge 4s
General
86
90
;
95%
92%
—_—May-Nov
interest
contingent Interest 2003
5s
Miami
92%
84%
74
62%
95%
contingent interest 2003
May
Lehigh Valley Terminal Ry 5s ext 1979
April-Oct
Lexington & Eastern Ry first 5s
1965—April-Oct
Little
1
62%
Lehigh Valley Harbor Term
Ry—
1st mortgage 5s
extended to 1984—:
Feb-Aug
Lehigh Valley Railway Co (N Y)—
1st mortgage 4 Vis
extended to 1974—
Jan-July
Lehigh Valley RR gen consol
mtge bds—
.
—
90
90%
102%
101% 101%
100
Refunding mortgage 3%s series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July
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Apr-Ocf
Niagara Mohawk Power Corp—
5
89
Feb-Aug
Feb-Aug
stamped 1974_
-
92 %
dlOO
89
General
Lehigh Coal At Navigation 3Vis
Lehigh Valley Coal Co—
1st
3s
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Terminal—
3%
Mich
B
1st At cons
100% 100%
dlGtt
Feb-Aug
N Y Power & Light first
mtge 2%s 1975
N Y & Putnam first consol
gtd 4s 1993
N Y State Electric & Gas
2¥48 1977
N Y Susquehanna & Western RR—
61%
100
-
•—
100%
1998
$AN Y Ontario & West ref 4s June
114
61%
„
104%
—
April-Oct
1998
gold
New Haven
AGeneral
•99
103%
„
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Harlem River & Port Chester—
1st mtge 4%s series A 1973
L
Lake Shore
Y
series
First &
98
♦110
—
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3%s
gold
debentures
Harlem
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101% 101%
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Kentucky Central 1st mtge 4s 1987—
Jan-July
Kentucky & Indiana Terminal 4%s
1961—Jan-July
Stamped 1961
Jan-July
Plain 1961
Jan-July
4Vis unguaranteed
1961
—__Jan-July
Kings County Elec Lt St Power 6s 1997April-Ocf
Koppers Co
86%
95 ¥4
—
96
•II
June-Dec
City Southern Ry Co—
mtge
Si
4 %s
♦86%
101%
102
-
Chicago & St Louis-
Mortgage 4s series
Mortgage 4s series
June-Dec
;
gold
1998,—-
registered
N Y Lack & West
—April-Oct
1976—.—June-Dec
•97%
•102
Feb-Aug
Connecting RR 2¥aS series
Y
98%
1990
1956
collateral
income
Y
98
1976—Mar-Sept
4s
.—;
1997
registered
mortgage
N
4s
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1956—
collateral
4%s
104
K
Kanawha
registered
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Light 2%s
&
April-Oct
April-Oct
—Feb-Aup
Feb-Aug
1954
C.
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•„
98%
Central RR Co-^
New York
N
1st
B
series
Michigan Cent
Jan-July
Jan-July
Clear
series
Shore
3%s
99
100
•104
.
Central & Hudson River RR—
General mortgage 3%s 1997
110%
•100
Jan-July
May-No®
100%
100
102
Y
3%s
1980
&
York
120%
Mar-Sept
1978
Franklin
5s
Lake
103%
107%
89
Refunding & impt 4%s series A 2013
Refunding & impt 5s series C 2013
127
102
116%
112
•84
Consolidated 4s series A 1998
J
Jamestown
5s
New
140
101
High
105%
103
1986—Feb-Aug
Mar-Sept
1
Low
•99% 100
•—
Orleans Texas St Mexico Ry—
AFirst 5%s series A 1954-.
—;
160%
128
Jan.
NO.
•97% 100
Jan-July
Orleans Great Nor 5s A 1983
Orleans Terminal 3¥4s 1977
AFirst 4%s series D
102%
Range since
Sold
High
105% 105%
April-Oct
—Mar-Sept
——
Bonds
Friday's
JNew
95
•__
Jan-July
1972—May-Nov
Inter
New
99
1974-
AFirst
—Jan-July
debs
101%
147
•88%
gold 5s series C 1956
Jan-July
International Minerals & Chemical
Corp—
conv
103%
101%
12
or
Bid St Asked
May-Nov
1982
Jersey Junction RR gtd first 4s
Jersey Power & Light 3s 1974
New
130% 132
1952—-^pril-Oct
A First
New
11
100%
Mar-Sept
Jan-July
A
debentures
New
101% 102%
Mar-Sept
1952
series
101%
„
4%s series B 1961
Jersey Bell Telephone 3%s 1988
100%
100
101% 101%
guaranteed
debentures
3s
15
•149
mortgage 3.20s series I 1982—
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§ AFirst
•99
Jan-July
1972
104
New
102%
—Feb-Aup
1st
§AAdjustment
104
100
imp 2%s series C 1986—June-Dec
3'is debs
104
102
Week's Range
Last
Sale Price
England Tel & Tel Co-
3s
105
Period
Low
First
•—
Interest
Exchange
High
„
•__
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„
Illinois Terminal Ry 4s series A 1970
lAIlseder Steel Corp 6s
1948--,————
Indianapolis Union Ry Co-
1st
Jan.
•101%
May-No®
1955
RECORD
1
Range since
Sold
•101% 106%
—Jan-July
Feb-Aup
—.-Mar-Sept
Jan-July
1980
BOND
APRIL
Friday
Bonds
Friday's
Bid St Asked
Consol mortgage 5¥8s-33/4S series B
1979-May-No»
Consol mortgage 3¥»s series C 1974
_May-No®
Cons mtge 33/4S series F 1984
1st
ENDED
New
Consol
3.65s
WEEK
Week's Range
Illinois Central RR—
3 %s
EXCHANGE
FOR
Monday, April *4, 1955
June-Dec
—June-Dec
97%
97 V8
96
Feb-Aug
Jan-July
*
102 %
May-Nov
105% 105%
June-Dec
1003/4 101
112%
103%
106
96 Va
98
95%
95%
97%
102
99
100 ¥4
98 ¥4
96%
99%
105
5
105'A
106%
20
100 ¥4
103%
Number 5417...The Commercial and Financial Chronicle
Volume 181
(1581):
r
33
I
NEW
RANGE
Friday
BONDS
Interest
New York Stock Exchange
Period
Petroleum
3.70s
deb
conv
debentures
2%s
1964
Sale Priee
116%
Consolidated guaranteed 4%s ser I
Consolidated guaranteed
4%s
General
mortgage 5s series A 1970
mortgage 5s series B 1975
mortgage 3%s series E
Coke & Chem
1st
1975
1964
mtge 3%s
Refund
and
108%
Refund
and
108
Texas Corp
mtge 3%s
series
1984
A
3s debentures 1965
100
123
123
123
1
95
96
13
102
103
96
96
96
102%
10/ %
102%
—Afay-Nov
107 %
108%
First
and
refund
M
3%s series B
109'A
First
and
refund
M
3%s series C
1990_
99%
100
5
88%
1
88'A
100
98%
&
Pacific first
General
Texas
102%
100%
H
103%
102
Texas
89%
100
102
»io2
■
*100% 101
1970_,-April-Oct
108
303%
103%
and
M
Pacific-Missouri
Term
RR
of
37/8s
E
ser
*135%
lui°/4
3$s
-June-Dec
324
general 4%s series D 1977
Pipe Line 2%s 1970
June-Dec
Mar-Sept
~
~
-June-Dec
-Afar-Sept
*—
104
104
1961
100
99%
100
debs
27As
,
47%
37%
98
*93% 100
Corp
86
72
62
43
Trl-Continental
105%
99% 100 %
73
41'/a
100
f
"
First
105%
110
#305
1974__
105 %
100%
72%
Tol^fe Ohio Cent ref and impt 3%s 1960
Feb-Aug
general
4
135
104%
—
00
June-Dec
1974
134
104%
Pacific—/
Orleans
New
-June-Dec
1985 ._Jan-July
gold 5s 2000
refund
101
99% 100%
5
100
100
April-Oct
$AThird Ave Ry first refunding 4s I960- —Jan-July
AAdjustment income 5s Jan 1960
-April-Oct
*99%
First
96%
'99
Louis— >
impt M 4s series C 2019-,, —Jan-July
-April-Oct
impt 27/8s series D 1985
7
Afar-Sept
Pittsburgh Youngstown ft Ashtabula Ry—
First general 5s series B 1962
St
of
Assn
104
Pittsburgh ft West Vriginia Ry Co—
1st
RR
103%
108%
2
88%
May-Nou
Consolidation Coal 3%s 1965__Jan-July
Plate Glass 3s debs 1967
April-Oct
Pittsburgh
Pittsburgh
Terminal
103
108% 108%
'
™
~~
95
95
*^6% 100%
May-Nov
1973
High
95
95
95
Jan-July
95
.
April-Oct
General
debentures
1
99
Jan-July
1966
1972
debentures
No.
High
Texas & New Orleans RR—
April-Oct
Pittsb
2%s
104
109
einR
-
27/8s
103'A
Co
108% 109
June-Dec
General
101%
27/8s debentures
Oil Corp.
&
108
*108
'
120y8
Swift
Jan.
low
Sold
Bid & Asked
—
*103%
1964_Afay-Nov
Pittsburgh Cine Chicago ft St Louis RR—
Sunray
Range since
Bonds
rriday's
or
Last
Low
100%
99
788
Exchange
Week's Range
Friday
Sale Price
Period
Hiah
114
103%
*io3
~
1963—Feb-Aug
J
ser
12
99%
•96%
_
Low
103
•102
guaranteed 4s ser G 1957—Jlfay-Nov
guaranteed 4s ser H I960—_Feb-Aug
Consolidated
*
Interest
BONDS
New York Stock
1
Jan.
No.
Hiah
115'A 120%
Pillsbury Mills Inc 3%s s f debs 1972
June-Dec
Pittsbgh Bessemer & Lake Erie 2%s 1996—June-Dec
Pittsburgh Cincinnati Chic & St Louis Ry—
Consolidated
1
Range since
Sold
Bid & Asked
99%
June-Dec
Bonds
Friday's
or
Feb-Aug
1983
WEEK ENDED APRIL
FOR
Week's Range
Last
Loin
Phillips
EXCHANGE BOND RECORD
YORK STOCK
5s
series C
Plantation
Elec Power
Potomac
First
mortgage
First
mortgage
Providence
3s
2%s
~
3%s debentures
May -Nov
1st
and
1972
100
100%
100
.
*102%
Oil of California
102
Union
216%
103 %
*
*
103'A
*101
102%
1st mtge ft coll trust
debentures
1964
Jan-July
s
3%s
99%
99
*99% 100
__
4%s
sinking
U S
84 %
7s sinking
fund mortgage
assented
1946
Jan-July
1946
Jan-July
6s
1952
Afay-Nov
SAConsol
mtge
6s
1953
Feb-Aug
mtge
:
1955
6s
Electric
ft
154%
125
136%
125
*132% 134%
127%
April-Oct
*100%
__
102%
102%
2
Participating
3%s
__
—
A
St
mortgage 4s series A 1997
Louis-Southwestern
First
bond
4s
"
_I
81
I-
*85%
99
85
*85
St. Paul ft Duluth first
Union
Paul
Scioto
V &
Scott Paper 3s
Air
Seaboard
1st
Shell
108%
Oil
2%s
Mar-Sept
Oil
98%
0
99%
April-Oct
101% 102%
Oil
2%s
Ala
RR
debentures
2%s
Southern Natural Gas
Pacific
First
4%s
(Oregon
4%s
1969
4%s
First
Lines)
1st mtge
Pacific RR
3%s
ser A
mortgage 2%s series F 1996
mortgage 2%s series G 1961
Devel
first consol gold 5s 1994
and general 4s series A 1956
Devel
and
Ry
6s series
general
A
Devel and general 6%s series
Orleans
New
Joint
3%s
3%s
first
ft
gold
debentures
1956
A
1956
1996
93
—
97%
9
92
97%
78 %
82*%
11
Standard
Oil
(Indiana)
Standard
Oil
(N J)
Chemical
22
107%
52
106
106'/a
32
105%
100
5s
Wilson
134%
68
101%
102'A
103% 103%
„
103%
102%
6
103% 104
26
1967
93%
li
77
1
111
112
26
113
112% 113%
„
92%
93
96%
96%
Mar-Sept
series
4s
mtge
Electric
97%
a
not
82
116%
69%
71
46
67%
3
101% 101%
71
104%
101
*96'/a 100
•
10
11
105%
105
101% 102
*93%
103%
105
106 %
25
104% 105%
105%
100%
103
152%
13
101 %
103%
101%
102%
102 %
10
100% 101
*103%
90
90
102'A 102'A
101
97%
160
1
93
*89
»—
105%
92%
—
—
159% 159%
102%
102%
100 7/r
102%
*101
100%
101
103%
~
—
83%
84
82
83%
104%
>
102%
ft Power 2%s
sale
not
83
94%
—
84%
74 %
6
94%
*11
83
18
83
*—
Power 2%s
95
103%
103
"
|
9
1976-Jan-JuIy
93
63
—
year's range, d Ex-interest . e Odr»-lot sale not
Under-the-rule sale not included in the year's range. rCash sale
included
in
the
year's range, n
the year's range,
y Ex-coupon.
impaired by maturity.
reported as being in bankruptcy, receivership, or reorganized
Bankruptcy Act. or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current
A Bonds selling
flat.
in
72%
68%
92
the
94'/a
96%
fCompanies
99%
*104
__
23
Co—
delivery
the
106%
72'/a
INegotiabillty
113
109%
7
in
included
103%
104%
__
71%
70
A
Electric Light
Deferred
Included
101
75%
14
102%
__
—
105%
*105
4%s inc ser
mtge
Wisconsin
96
101
177
*102%
Jan-July
1960
97
72%
Jan-July
Mar-Scpf
Mar-Sept
Jan-July
_April-Oct
104
95
105
100
6
77
111%
conv
1973
94
100% 100%
April
June-Dec
4s
first
103%
6
120
92%
1992
*102
„
—
Jan-July
1953
73
—
*u6
2004
Jan-July
A Jan 1 2029—
May
1976
—June-Dec
First mortgage 2%s 1979
Mar-Sept
Wisconsin Public Service 3%s 1971—
—-Jan-July
1st
Gen
104%
103%
119%
*119% 126
Jan-July
debs
19
A
ser
99'A
84
67
73%
103% 103%
Mar-Sept
ft
Yonkers
1974
3%s
6s
86%
71%
32
84
*91
Afar-Sept
1980
Corp
Electric
86
84%
96%
Telegraph Co—
mortgage 3%s series D 1967
Co first mortgage 3s 1958
First
86
1
85
*71%
May
1984
Wheeling & Lake Erie RR 2%s A
98
133
96%
101%
100
83
84
Jan-July
-Jan-July
1966
Wheeling Steel 3%s series C 1970
85
97
133% 133 %
101 % 102
101%
84%
971/2
104
63%
100%
'
«—
88
85
*97
1st 4s ser A
Wisconsin Central RR
84%
*97
110
103
8
95
105
*86
May-Nov
1974
I960——
mortgage
§ A 1st
90
*
April-Oc!
1985
4%s 2013
conv
3%s
88
89%
•
104
110
'
Feb-Aug
2%s 1971
Westphalia United Elec Power Corp—
100%
100%
5s
Westinghouse
106%
__
104
*__
2000—Feb-Aug
guaranteed 2361
4%s debentures series A
107%
106
105%
103%
"5
103 % 103%
April
1981
3%s
series I
3%s
4s
debentures
Union
30-year
107%
107
107
1982—April-Ocf
debentures 2%s 1971__Afay-Nov'
debentures
105 %
106
106 %
Pacific
Income
Western
124%
115
222
~4
*110
94%
y
—
*103
Jan-July
1969—April-Ocf
3%s series C 1979
Apr-Ocf
RR Co 3%s ser A 1981
Jan-July
mortgage
5s
95
97%
—
__
.
103% 103%
registered 2361
1st
101%
2
107
May-Nov
first gold
Products
first
3%s
Electric
Power
112'A
106
May-Noo
debs
1983
Coil
Penn
Penn
Western
__
98%
—
*95%
95
101%
95%
99 %
*98%
Afay-Nov
1973—April-Ocf
136%
101%
11
96%
*96
April-Oct
1995
115%
—
—
96%
96%
ser E
gtd gold
ref
Western Maryland Ry
95 %
112
20
82%
first
RR
Shore
4s
101 %
99
121% 123
121%
Jan-July
Jan-July
Jan-July
Jan-July
April-Oct
April-Oct
April-Oct
Jan-July
271
*100%
May-Nov
income 4%s
mtge
West
RR—
;
2%s
Tel
ASpokane Internal
Stauifer
5s
Northeastern
1977—
Bell
Standard
2%s
125 %
94%
1957
series A Jan
income
4s
Winston-Salem S B
First
Southwestern
113%
97%
81%
'75—June-Dec
1986
First
Memphis Div
series B
West
West
Co—
Mortgage 2y8s series E
Southern
326
,'t
99%
93%
a
Afar-Sept
Afay-Nov
Afay-Nov
1977
A
1981
San Fran Term
Southern
65%
Co—
Gold
Gold
96%
163%
63 %
93'/a
99%
94%
1973—June-Dec
conv
103 %
93%
—
93%
Jan-July
4%s
Co
125%
110
Feb-Aug
Southern Indiana Ry 2%s 1994
Southern
™
Jan-July
1987
81
125% 136
136
June-Dec
1969
Washington Terminal 2%s series A 1970
1
18
100
Jan-July
1985
debentures
81
81
Westchester Lighting gen mtge 3%s 1967—Jan-July
General mortgage 3s guaranteed 1979—Afay-Nov
Co—
1979
debentures
27/Bs
1963
5s
101%
65%.
122
123
mtge
Warren
96%
160 %
65%
__
June-Dec
Aprli-Ocf
1976
gtd
Telephone & Telepgrah
"4
*152
*134
Jan-Jaly
'
187
1941—Feb-Aug
Jan-July
Jan-July
trust 7s
81
.
;
*134
series B Jan 1991—April
First mortgage 3%s series B 1971
Feb-Nov
Walworth Co conv debentures 3%s
1976—Afay-Nov
—
96%
W
—
94%
94%
94%
Mar-Sept
1951
161
w
Gen
97
—
_
April Oct
1971
6%s
South
Bell
*95
*95
Corp coll
135
152
Co-
Wabash RR
Gen
95
June-Dec
Corp 3%s conv 1983
North
201
208
*
June-Dec
Socony-Vacuum
ft
119
208%
1974
debentures
153
135
2
June-Dec
1958
5s
100
118%
Afay-Nov
Skelly Oil 2%s debentures 1965
Southern
100
102%
t§ ASilesian-Amer
Sinclair
103 %
_
1977
Halske
ft
*102%
_I
™
156%
3
154
152
152
June-Dec
First lien and ref mtge 3 "As ser C
*117%
>■'
__
93
/ 98
154
Power Co—
103 %
-
*100
—
—_April-Oct
Pipe. Line 3.20s s f debs 1982
§ASiemens
3s
107%
Mar-Sept
debentures
Service
109
ft Sons 2%s 1966
Seagram (Jos E)
3s
*i05
1989—May-Nou
90'/*
*136
June-Dec
1951
gtd 4s series B
consolidated
Virginian Ry 3s
117
1989-Jan-July
1980
B
f debentures
s
First
112
Co—
RR
3s series
mtge
3%s
97
114
debs 1977
conv
105%
93%
*112
gold 4s 1968—June-Dec
cons
England 1st gtd 4s
Line
95
May-Nov
1989
Depot 3%s B 1971
New
94%
95
104
35
28
104% 104%
104%
May
Ry—
certificates
Second 4s inc bond certificates Noy
St
99
*98
__
Jan-July
Second mtge inc 4%s series A Jan 2022
103%
93
93%
103%
6
90 y4
90%
*92
105%
105 %
105%
103%
105
103%
*103
•L
152
1968—.
and refund mtge 2%s
First
Louis-San Francisco Ry Co—
1st
6
104 %
104%
"7
28
105% 105%
1975—Afar-Sept
First and refund mtge 3s series F 1978—Afar-Sept
First and refund mtge 27/8s ser G 1979—June-Dec
First and ref mtge 2%s ser H 1980
Mar-<Sepf
1st mortgage ft refund 3%s ser I 1981
June-Dec
1st & ref mtge 3%s ser J 1982
April-Ocf
Virginia ft Southwest first gtd 5s 2003—_Jan-July
-...'•■■■V-
s
Et
104%
105
105
104% 104%
June-Dec
1951
debentures
consol
RR
Virginia Electric &
Saguenay Power 3s series A 1971—
Mar-Sept
St Lawrence & Adirond'Jk 1st gold 5s 1996,Jan-July
Second gold 6s 1996
April-Oct
98 '%
99
97%
—
—
America—
subord
conv
Vandalia
47/8s
ctfs
Vanadium Corp of
1969
—
99%
134
133% 133%
__
Mar-Sept
Afar-Sept
1977
99
*97%
154
1947
sinking fund mtge series C
3%s assented series C
Corp—
General mortgage 4%s series D
General mortgage 3%s series J
105 %
96%
137
162
*132% 134%
__
90 'A
103%
105
Jan-July
Jan-July
1947
3%s assented series A 1951
143
—
*155
*
86%
1
Corp—
sinking fund mtge series A 1951
6%s
mtge
Gas
140
148
*142 %
__
May-Nov
§ A Direct
AConsol
164
164
*163
__
6Vas
7
*97'/a
Apr-Ocf
Afay-Nov
April-Oct
1973
1976
1967
3%s assented series A
Rhine-Westphalia Elec Power Corp—
§ A Direct mtge 7s 1950
Rochester
debentures
Works
88%
*102% 103'A
Jan-July
Jan-July
Feb-Aug
1971
3%s 1972
debentures
debentures
97%
88 %
April-Oct
fund
6%s debs series A
101%
99
97%
97%
April-Oct
1972
2%s
United Steel
85
83
37
84%
*99% 101%
__
Union—
Rheinelbe
3%s
84%
debs
Rubber
2%s
Reading Co first ft ref 3%s series D 1995—Afay-Nov
Reynolds (R J) Tobacco 3s debs 1973
April-Oct
f
106%
5
'
Afar-Sept
United Gas Corp 2%s 1970
1st mtge ft coll trust 3%s
104%
597
v
3%s debentures 1977
104%
102%
16
"
United Biscuit Co of America 2%s 1966
99
98%
97%
103
__
'
99%
104% 104'/a
Afar-Sept
'
Pacific RR—
27/8s
143 %
216%
conv
;
103%
96%
98
105% lOo%
106%
debentures 1976Feb-Aug
Refunding mortgage 2%s series C 1991—Afar-Sept
Union Tank Car 4%s s f debs 1973
April-Oct
143%
*200
__
June-Dec
3s
105 %
98
102%
—
*„
June-Dec
2%s debs 1970
1975—
101%
101'%
*140
•
„
debs
100%
3
102
97
i
101%
94
100%
95%
Afay-Nov
mtge 3%s 1982
106
103
12
95%
*94%
*100%
18
100% 101
102
refunding mortgage 3%s 1983—April-Oct
Quaker Oats 2%s
May-Hoy
1st
100
Co—
1963
of Missouri 3%s 1971
Co
mortgage and coll trust 2%s 1975-ApriI-Oct
3s debentures 1968
;
ATay-Nov
1st mtge & coll tr 2%s 1980
—June-Dec
Union
refunding mortgage 3s 1972—Afay-Nov
refunding mortgage 2"%s 1979_June-Dec
First and
Union Electric
97
100
'100
refunding mortgage 3'As 1968—Jan-July
First and refunding mortgage 5s 2037
Jan-July
First and refunding mortgage 8s 2037—June-Dec
and
II
II
•100
Afar-Sept
& Gas
97
97
Afay-Nov
1956
First and
First
u
*93%
First
-Feb-Aug
-Jan-July
1984
4s
Electric
debentures
3s
3'As 1977
1983
Terminal
Service
Public
1st mtge
under Section 77 OI
.
week,
AMERICAN STOCK EXCHANGE
WEEKLY
In
the
following extensive list
we
March 28, 1955, and ending Friday, April 1.
whether stock
or
a
bond in which any dealings have occurred during the current
RANGE
Friday
STOCKS
American Stock
Last
Sale Price
Exchange
Par
Acme
Aluminum
Acme
Wire
Co
Alloys
....
1
6%
Range
FOR
WEEK
ENDED
APRIL
Friday
Range
since
5%
67/s
7,G00
29%
150
4%
28
Jan
Mar
6%
38
10%
11
14'/4
400
10%
13%
400
13% Mar
15
29%
30%
300
13%
Jan
35%
Feb
10,100
%
Jan
il
Jan
1,800
27 %
Manufacturing
1
4%
4%
5%
8,800
4%
Jan
6%
Jan
AJax
Aeroquip Corporation
Agnew Surpass Shoe Stores
1
16'A
15%
16%
6,700
8%
Jan
Alnsworth Manufacturing common
For
footnotes
see
page
37.
8
10%
7% Mar
„
10%
10%
1,700
10%
Feb
12% Jan
10%
Jan
w
1
High
29'A
(N J)
Inc
50c
Petroleums Ltd
Alabama
Gas
7%
Feb
Corp
Alabama Great Southern
12%
Jan
aiaoama
17'/a Mar
Power
* 20%
preferred
%
-,7
50
31%
100
101%
31%
146%
100% 101'A
31%
146
.
Feb
Jan.
1
8
*
since
Low
1
3
5% Mar
•
Range
Hi ah
Air-Way Electric Appliance
8,200
Supply
Shares
Air Associates Inc
7'A
Aero
for Week
Apr
6%
Inc
Sales
Range
Jan
7
Stores
Week's
of Prices
Low
Par
Hiah
r.ow
mo*
Sale Price
American Stock Exchange
1
1
Hat
Last
STOCKS
Jan.
Alrfleets
Adams
1
Sales
Shares
week beginning Monday,
to include every security
year.
for Week
29'A
10
common
Week's
of Prices
Low
RECORD
YEARLY
AND
complete report of the transactions on the American Stock Exchange for the
It is compiled from the report of the American Stock Exchange itself and is intended
furnish
Jan
Feb
Jan
34
30
140
Jan
150
Jan
75
100
Mar
105%
Jan
(1582)
j'fiQ CoTYiTnaTciul and Financial ChTOniclc...
:
,
MonciBy, April 4, 1955
AMERICAN STOCK EXCHANGE
RANGE
America block Exchang.
Alaik.
BalePric.
Airline.
1
bbare.
6
®%, 614
Algemene Kunstzljde Unie N V
Amer dcp rcta Aaer iharea
All American
^
—
—-
2 600
7 A
300
7 A
5%
5 A
°/,8
36%
%Y>nn
Jan
::
•
9%
Jan
4
American
Manufacturing Co
Maracalbo
6%
6%
5
5
M. M*
luz
10 /2
Jan
Jan
35
Jan
3b
35
Feb
37 %
Cessna
71%
2,600
68%
Jan
71A Mar
CamberllnCo
16
2,250
14%
Fen
i/
4%
4%
9-400
18%
100
8%
19.1Q0
3,'.
13%
7 A
21
Feb
10%
.
_
Feb
10%
1
10%
pfd__100
110
1
4%
4vs
10% A1
27%
15
l.j°0
110
Tan
Jan
Chicago
ii^AMar
11A Mar
Jan
Jan
15 A
16.%
15%
6,900
rets reg
116 A
tea
5% Mar
7 A
Jan
CI
A
(ex
843
dlv
arrear
175
L '8Mar
Mar
65
^5'
jan
Jan
Club
29%
11,900
18%
29 A
Apr
Coastal
onn
R5/o
Jan
22
9%
9%
3%
3
102
2
2
*
2 A
51
52
250
600
23%
21A
11%
11
1
3%
3%
4%
—1
4%
4%
14%
4%
50
J
Colon
Sand
53
non-cum preferred
Voting Machine
•
Corp
common
15
lc
Electronic
11
3
24 A
Mar
on
lc
15
8%
3%
Jan
^
3 A
Jan
4 A
1.000
8%
3%
?'>Sn
1,300
21
21
Feb
24%
33 300
6%
14%
2
/8
16
,4
1
22%
2
/4
Jan
Jan
TSv
1
2/8
10
to
1950
Aviation A
Car-Na
Commercial
22;23A
17% JO
25,200
10%
3 000
4,100
BrideeDort Gas Lieht Co
12%
'l50
'st sa
3%
3%
2%
Jan
Class
Oil
9%
8%
7%
2%
9%
8%
2%
B
Coro
ii%
$1
Feb
Jan
26%
27%
-
-
reg
~
common
11
10%
15%
ISfi
cSSiaiS1 class B
Company
Febf
31%
Jan;
JaQ
4%
Jan
Jan
100
v
36%
Jan
49%
14
j
22
„ 400
3 700
o.'uu
|
24 A
i,w
1J
7%
Jan
n
Feb
Mar
9%
Jan
Jan!
4
Mar
12V2
Feb
13%
Jan
22%
Jan
24%
Feb
13
1
'300
preferred
19
Jan
10
10%
Jan
Jan
2,buu
2
K
99%
6 A
2^0
29% Mar
^
"
26 A
29% Mar
A
class
•
dep receipU
(ord
1% Jan
"
6,300
15A
4.uuu.
16%
16
2,800
7%
Cent
(Md)
21%
22
400
--
--
--
common
mv
Day
"
^/3
-
JJJJ
--
18'/, 183/4
Ji
1%
»*
1%
-
2
5%
—
'
Mlnef
Mines
lnc
inc_
-
Jan
8V**?*r
ffi
Jaa
4%
s%"an
13%
J«
Jan
1%/Jan
2% Mar
600
5/a Mar
6 /2
_
3y« M
--
Jan
3% Jan
11%
5%
5%
51jt
7,400
5%
30%
550
27% Marl
32%
40%
700
39
2%
2%
6%
32,800
13,700
16Va
Feb
13
Feb
20% Mar
®
57A
v4
14A
5%
Jan
1&1/
15%
\u>
900
jan
9%
Jan
16%
Feb
Feb
26-
Jan
2%
x . 6oo
Jan
6y2
14%
^;000
f-
jan
120%
3 400
137%
Jan
,,
{
3
j,n
lg8
40
151
Feb
Feb
Apr
Jan
24% Mar
175
Mar
P-ikt :
.ks
Co
American
1 ft
32 %
--
28^8
151%
1
--
1
3
ord
/a
ma
16% Mar
18% Jan
M6 Jan
^
2'99^
120
33
P
30
mS
Mar
5%
Jan
S
02%
JS
JO
Fed
Jan
1M
Maf
,
13%
l\{*
3 A
J&n
Q
.
151A 152
"it*
3/a
"1%
-
~
Co
common
-
-Sis
8 A
2.50;
1
Ltd
.
.
^0Q
6%
Jan
16%
Jan
Feb
3y« Mar
4% Mar
4% Mar
".600
1/, Mar
3
-2
Jan
19^ ^
5/4
,8 A
55
7
4 100
312
Jan
14V8
Feb
6%
Jan
5
Mar
7
^
A
ft Mar
12% Jan
»
Jan
ord stock
Jan
o
16 A
J
Dominion Tar A Chemical Co Ltd-—•
10%
-
xl A
10V*
^
S52TS
4%
nno
*
, uuo
J/4
_5
38%
33% 39%
-III
8%
'>
Mar
10% Mar
Mar
j
Feb
18%
Jan
12%
Feb
8%
Feb
!5%
1,100
J6% Jan
9'^
3?% S
52%
54%
400
^
^
ir
20%
Jan
2^^
-
•
-
^
xws
i»
Sntog&ErptoraUon CO-_l
K."Pow«S Co/L_
—I
Du^ (Allen_B, Ubor.torle^
8% Mar
..
--
Dominion TextUe Co Ltd —n.
14,/a
15./4
3,3
50%
44% Feb
jS
Jan
58% Feb
11,900
13% Jan
17% Mar
4qq
31i Mar
4'A
Jan
3,/2
Jan
5%
Feb
7%
Jan
98/4
Feb
gi/8
jan
33^ Mar
Co Ltd—-
American
Duraloy
28
Jan
6%
3% Feb
1
Corp
Steel A Coal
Rubber
1/4
33
3#A 5%
1%'* fm
10%
14% Jan
.200
woo
U
reg
(The)
Corp.
Exploration Ltd
Dunlop
3,500
8 9oo
-
rets
Diversey
Dominion
gl/g
1%
100
Ltd-
dep
1G
16'A
g5/a
32 A
SS8S2?SJSL^rzzzi
SSStSTSS-?E±I—ZjS
Distillers
15%.
dep rets ord reg
(The) Co
_13
10s
—
1
<>?
4 100
44% Mar
6
Ian
25%
1341/2137
134 %
10%
10o
-_0
common
D?.*g.n'Sm?ht Q._q«4%
Jan
7,200
12,100
14 A
Jan
Jan
17
X
Mar
13%
Jan
6^,4
Jan
Apr/
Jan
Durham Hosiery class B common
Duro Test Corp common--
,
Mar
4%%
-
-
-
.2% Mar
2%
5tf Jan
7ft Feb
Jan
-
*
20%
19%
22%
250
10c
2%
2%
2ft
5,200
1
7
6%
7%
24,500
pfd—10
19
18%
19
12,300
16
2ft
Jan
Jan
5%Mar
17% Mar
23% Mar
3%
8
21%
Feb
-Jan
Jan
^ '4
,,
■
--
3/
Duval Sulphur A Potash. Co
__
6%
4/2
—
'
_
9qq
„
_
~2%
„
1
£
an
partic
25%
Jan
Jan
Jan
fl7/»
193/4 Mar
—
g30
—
Bridge
Jan
i2^a
'
"
191/.
—
Manufacturing
Detroit Gray Iron Foundry-
Dominion
Jan
17% Mar
inn
1
4
15%
A
Finance
Jan
™
-
Gasket
Domestic
12%
39%
Dredge A Dock Co Ltd
Homestead Oils Ltd
-3 k
-•
g%
debenture
Dome
16%
39%
Marconi
Feb
19%
23
8%
16% Feb
12%
Canada Cemen^Co^ld VommonZIIIII*
Canadian
Mar
Jan
19
Jan
200
j
Toi/
%
~
--
2 50
——
Mfg class A
25% Mar
->•
15%
29%
Canadian
8
Jan
is'A Jan
--
30%
nrpfpr^nrp
•
060
Z~ZZ-.«
Jan
27,000
5%
-
—5
Southern Petroleums Ltd vtc—1
Canadian Atlantic Oil Co Ltd
2
Canadian Canners Ltd common
•
18%
12%
1
Canada
12/A
15%
•
Insurance
4%
U
-
50c
*
20
"ISS
!'!S?
4%
1
California Electric Power
Calvan Consol Oil & Gas Co
7%
6'°0°
10c
common
Sugar Estate
Calgary & Edmonton Corp Ltd
Jan
119% Feb
S
18,4
7.50
Super Corp tnew)
4%
Feb
14% Mar
-
"a i«a
-
14%
(UO)
Dennison
7ft Jan
Mar
5%
A Mar
__
9,4
Si
Manufacturing oo
Jan
_
25c
Calamba
16
6% Mar
Mar
«
7%
3% Mar
Feb
17% Mar
700
--
136%
5
Cork
Petroleum
Dayton^Rutbcr^d.'m A.
Jan
Jg
100
4,300
-
reg)_£l
1
Jan
~
10%
Feb
Feb
45% Mar
7/
_
a/„
<8
"
--
fl
30/.
g% Jan
0/20
"
Feb
va
9%
mIt
^
"
5/
%
12%
^venport Hosiery lUUs
Feb
Feb
Jan
6%
14%
13%
i6
5/
15/4
Dayenno^rHosle^Mato "
Jan
25
--
33%
D
9 A Mar
8 A
26% Mar
Jan
% Mar
b/4Mar
8%
6 A
~
—
Curtis
Jan
Jan
4,400
jan
>14%
--
cKi^:^
j'-g
102
Jan
13% Jan
31y4
Jan
3 000
J.ouu
2 A
--
1
Internafl "A" partlc
Drug Co common
Crystal Oil Eellnlng common
V&!£S
5% Jan
ISA
Foe
on
convertible Cass A
|% 14%
Jt
8%
8%
6o
Crown
12% Mar
7%Mar
11%
8
14%
Bur"eZcZZrrp° °rd ShareS-"l32%?
OU
Ltd
9 655
9,600
29%
—-
Petroleum
Crown
Jan
18,800
—
19 A
2'5°
Products
1
13%
Mar
6 A
1
Jan
^
,
4,300
Ltd—
American
^
28,900
21%
Zl <*
•
^rmsT Mines'Ltd-—'&n
Corporation
9%
4,400
14'A
2
1
Corp
4 40Q
11% 27 A
13 A
8%
3% Feb
13%
14%
•
"plan "comrn
Petrofina
12%
2%
8%
8/2
13
Crowley Milner A Co
Jan
5a
Canadian
8%
13% Mar:
Jan
9% Mar
Mar
"5/
30 A
29%
common
Reynolds
Courtaulds
Feb
2'A
10
7%
?
TiJ
2.50
common
Canadian
12
--
•
26%
21 A Mar
8 A Jan
311
J
aP
"
::
1
nr7wn°^ftbneT?^fw«Ce
Fire
Jan
Mar:
8
2V«
"/8
*
A
Detroit
iKSXSzH
~?cts°orLdWreg
£1
Camden
Mar.
21 000
Ji.uuu
2 A
8%
8 A
14
voting
5'A Feb
--
108
dep rets ord bearer
Electric
29
2 /.
--
10
non-voting
Creole
3%Sn
29%:
26%
•
Celanese Ltd—
Cable
19%
Jan
X7% Mar
550
26 A
1.25
Inc
Corroon
peb
26
"
10s
Co
r^iT Pp rcts
British
C A C
Mar
5%
400
24
J3
Ltd--*
Corp
American Tobacco—
6*
12
Distillery Ltd—
A
Class
Mar
5%
21% Mar
1,300
8%
C.Wn".V~.
American
British
Jan
5
200
•
British
Byrd
35'/2 Man
17
15 300
•
Cornucopia Gold Mines
Anr
16'
(H)
Crown
1014
2%
Works Inc
—20o
Brazilian Traction
Light & Pwr ord
•
Breeze Corp common
•
a nee
Mar
7
Mar
Mar
9% Mar
10
26%
14%
50c
Engineering_l
Var
16,/2 Mar
3'A
1
Brad Poote Gear
Jan
fi3,
2%
20
^Tn
Mar
35
58,000
13
1
Corp
Utilities
Continental Foundry A Machine Co
10% Mar
'7
400
100% 100%
Budee t
33«/4 Mar.;
I5«/4
4 600
/
8 /8
9
f
14 A
1
Engineering
Royalty Oil
Continental Air Lines Inc
Feb
2|ji
Jan
n%
100%
bsp
BSP
19y
^
^
8%
-1
Consolidated
Ja^
J an
10%
Jan
12% Mar
We Mai
,1
5 A
1212
prior cumulative preferred—X00
ISlfSr"00:
12%
-
?s
TTrtwn n,?hw P
B^ure (E K Co
(I L) Co
Bruce
/
1% Mar.
23% Mar
j
M
.
5,900
'3S
i&
Company
"7
30£
aMMiVz
--
Co
Consolidated Liquidating
Consolidated Mining A Smelt'g
ren
9A Jan
16 A
5
""
,
I?
.
3 A
i%uu
--
15 k
1
.—-1-19%
to 200
6/4
16
--
1
common
,.r
9%
5%
14%
50c
common
"5<,
n
2,g
1
SritS lS,
,
7
11,300
4
9%
—
20c
Manufacturing
ext
Colsolidated Gas
11% Mar
9
~7.
7
2.u
•
1
Inc
»e asc,a Aulrcra» c°mmon
Brown
-
—
Consolidated
Jan
14% Mar
--
Beck
Amer
^uo
l«o
41,/2 Mar
33/4 Mar
—
Corby
(A S) Shoe Corp
Beckman Instruments Inc
Brlllo
•
10
Vtc
13%
2 A
1.100
600
,
—50o
Company
Bearings Inc
Beau-Brummell Ties
5%%
Jan
55
Ltd
inr
Jan
20y4
4
Manufacturing Co
Continental
1
Barcelona Tr Light A Power Ltd
Bkkforda
Stone
^},
Jan
16% Mar!
94% Mar:
^
c^3/«22%
31A
2%
10fl
1
A
jjj
"
Feb.
2A
Feb
Jan
28 A
__
Co
-1
43-600
5,300
U3/ oS8
23% 24%
„
'.sbares
Oil
20
common
Continental
®K7„A8elbUrn 011 & Ga8^
Bariuin Steel Corp
Bas c Refractories
Basin
Oil
Corp
9»
2 300
Feb:
Jan.
6
*5£
g
Feb.
8%
12% Mar
9 A
10
22
2\50
!*
l\{f
JA
40-
Jan
8(40o
37
lL,
"
,
Commodore Hotel Inc
B
BAnff
7^
1
J
—
Manufacturing- 4
Continental
Baldwin Securities
Corp
Banco de ios Andes—
t»'j
19'*
7/e
1
.TfiS
Jan
57/,
•
50
/*
Community PubUc Service
Compo Shoe
Machinery—
Jan
-
".'i*
-Cr
SK
16%
5200
—
1
Jan
28% Jan.;
Jan
Jan
--
J
1
Airlines
n
Mar
10%
75% Feb
,1
J
A
}
-
50
Farm
Colonial
104%
^
Mar
150
16,,
87
1%
S
Products
,/8
p b
Fed
8y
25%
.
Non-voting
Ayshire Collieries
1/4
53
1
&
qql/
99 A
1.800
103
Automatic Steel Products Inc
1
Science
Coal
97/= Mar
Jan
./>$&]
5%
J3'4
J
22%
common—-l
Co
5A
88/2
-
1-
Equipment Co
Development ordinary
"Colts
103
1
Corp warrants
Atlas Plywood Corp
Axe
1 A
on
'53)__*
Atlas
Automatic
Tan
8,A Jan
200
7,900
5/2
15/a
5
Caribbean Oils vtc
Colonial
9%
3%
<*&;
,,/4
17/* 18
6 A
90
Feb
Jan-
$
ls.
100
78
-10%1
6%
.as
100
..
.
^A
38AgA
--
5
Co
Lambert
Aluminum
Cockshutt
.
--
4
Mining
Inc
Hosiery
&
.ahuai[UAd
28
61 %
1
paid
v
July 1 '53 A $41 on Dec
Atlantic Coast Fisheries
Atlantic Coast Line Co
Neon
59%
56
Machine
Cable Oorp
convertible preferred
^
26'A
£1
Associated Laundries of America
Associated Tel A Tel—
4'K
27'A
<.
ss*£s
«
7,4
6 /2
D L Co
Controller Co__
24%
t
u
ttii
17,4
(The)
Claude
11/*
110% Mar
6,100
&
&
Claussner
Jan
120
6%
12
in
76%
2.50
America
Clarostat
Manufacturing
Clary Corporation
.
American dep
Feb
2?%
--1
comuaon
reo
*eo
6,100
112
6
£
We
-2
Auto Stamping
city Specialty Stores In©
-
Associate Electric Industries—
Jan
3y4
»
78
10
City
Clark
110
of
Rivet
Wire
Clark
10 A Feb
an
22 A
Co
ConsoUdated
Circle
Mar
4% %
29 A
1
Investors In«preference
Aircraft
28%
50
2.50
8%
s
~
^0
s
4,800
112
•
07/
9%
6 0
12,300
33%
6%
Armstrong Rubber Co class A
4%% convertible preferred
Aro Equipment Corp
20,500
34%
15%
•
warrants
,-nn
■
iOS A 110
26 A
28%
33%
5
pfd
28%
5
11%
10%
4%
1
500
f
7
Charter Oil Co Ltd
1
Cherry-Burrell common
---»
CheBebrough Manufacturing common_10
Chief
31. Feb
Jan
Feb
300
&
1°°
convertible
9 A
3f? Jan
6,900
15
Century
4/4 *eo
^
ti£
Jan
Jan
12
10% Mar
Ap
pb
4/« Jan
i«i/
16% Jan
4.600
3tf
8%
3%
2bA
Jan
8% Mar
800
19%
23A
5%
30%
3%
100
4,400
-
32/.
8%
2.40
'
Mar
Mar
9%
m
800
25
14%
128
J
J
^Vrf-^ °°~"
siss
^
share.
IllinoU Secur Oorp_
J3/1 jan
4|r#i
1,200
central
13,100
2
Angostura-Wupperman
Apex-Electric Manufacturing Co
Co
^
18
18%
19%
Anglo-Lautaro Nitrate Corp—
&
g7% Feb
Explorers Ltd--—
15%
„
4
28
9%
4
Central
9%
_
5
"'joo-
10%
„
a
26%
20c
Appalachian Elec Power 4%%
Argus Camera, inc
Arkansas Fuel Oil Corp.
Arkansas Louisiana Gas Co
Arkansas Power A Light $7
Jan
11A
71%
50c-
Anacon Lead Mines Ltd
Anchor Post Products—
ss
34%
15%
J£
28
—,
1
gj£S*0™"
3b
10
Writing Paper common
Amurex Oil Development class A
Inc
I"
10V4
10%
-
25%
8%
-'
__
2
Kennedy
^
28
__
gErp^rri^rir^—:
33%
-
9
34%
pfd—25
American
Baxter &
uaxieroc
J*
8
18-50
a; 3
9 A Mar
100;
«
26%
1
American Seal-Rap common
American Thread 5* preferred
American Tractor Corp
Cafev
Carey
Jan
fi
1.550
10%
10
5%
«*
•
}
comntonll
Co
Transit
h..«.
™
^
25
com
Co
«ss
ii 'i'i
10%
56
American
cauital
5% Mar
Jan
»M°»J
SnRal Cltv^rodncta
Feb
6%
s
fS^eHcan^antim1 Ca'r ST commo'nl-l
American Meter Co
American Natural Gas Co 6%
American Republic.
Jan
44
jan
Jan
rA£
s* 5a
-
ifflssss«-=£-_~sJ
C.nM
Sales
'SSS-
jr
^
„_0
Isi
250
^
5%
Week's
JSfffi.
.
6/2
4%
2,65
Aluminum Industries common
Ambrook Inaustrles Inc_
'
. no.
5/2 Jan
.5*
Armour
ENDED APRIL 1
WEEK
v Y
an
.
Bange
3'600
3g3/4
{*
Engineering Co——10#
Alleghany Corp warrants
"A"
FOR
Friday
;I0CKS
prior
preierrea
Jo2!rn stftt^C^r?011
Ba?£e!7L55SS
•
66
common~^JJ
30»/4
Jan
1
^9%
69%
69%
'400
Jan
llVe
Feb
16Q
r
pi
preferred
273^ Mar
•
Common shares of beneficial
B^^S^8«w<^f^h^ficial
,62
x 600
28
Mar
32%
Jan
18%
18
18%
3,300
18
Mar
22
Jan
75
183
167
Jan
195
Mar
Jan
181%
,«
•
184%
184% 186
•
170
170
175
200
63%
.«,/
int
lnt—_l
1
-
—
—
23%
23,^
—
300
21V2
T
^an
Jan
Feb
->ni/
24Ye
^
Jan
-
Number 5417... The Commercial andtiFinancial Chronicle
Volume 181
(1583)
35
H
AMERICAN STOCK EXCHANGE
RANGE
Friday
for Week
of Prices
Shares
Par
Easy Washing Machine class
Bond
Electric
•
B
%
19,600
28%
28 Va
29 VB
25,100
1
15%
15%
16%
6,900
—
1A
common
America
1
Corp
Equity Corp
common
convertible preferred
$2
Esquire
1
CO
18%
105
8
4%
5
51%
49 %
51%
5%
5%
5%
1A
1ft
1ft
A
%
Warrants
Eureka Pipe Line
Apr
1%
.10
common.
17%
—
•.
9%
Jan
Jerry
22 %
Jan
Jupiter
Oils
Jan
5%
Kaiser
Motors
3%
*v
42% Jan
5% Mar
19,900
2%
4
4
1% Mar
% Jan
Its Jan
Va Jan
17 % Mar
4%
-
Kawneer
1% Jan
5
750
4%
5%
15,900
10% Jan
22%
4,200
21% Mar
24
6%
7 Va
16,400
5% Jan
;
51%
Kio
59% Mar
Jan
5%
4% Mar
.
6
Mar
7%
Jan
1% Mar '
2%
Jan
800
1%
2%
Jan
600
4% Mar
1,500
1%
Oil
2
5%
5Va
2%
2
2y4
9,300
2A
19,300
Jan
1%
2A
1A
A
Jan
5% Feb
2% Feb
2 A Mar
St
Lake
Kleinert
Jan
Mar
1,800
12%
11%
Feb
12%
Feb
Feb
11
Jan
14 Va
7,700
20%
Jan
26
15%
2,900
14% Mar
42
:
10
100
%
Mar
5
Feb
3% Mar
2,300
2% Mar
.:
500
9% Mar
5,500
A
3%
•
Class
A
Class B
A Jan
Jan
22
23A
400
19
Jan
23
Feb
20
20
20%
900
19"% Mar
25
Jan
12%
5
12%
12%
700
11%
12%
Feb
Jan
•
voting..
—
—
102%
Jan
114%
113
Feb
104%
Jan
5,100
10%
Feb
52,000
-;\ V;.
500
2 A
Jan
4
3%
Jan
2%
Feb
.
—
—
Kroy
Oils
Ltd
Krueger Brewing
10%
10%
3%
2 is
4
reg.f 1
deposit receipts ord
American
4
11
3%
4%
9,700
3
Jan
4% Mar
1%
1A
1%
7,700
I Va
Jan
1% Mar
7
7
1
Co
Mar
8%
Jan
14%
Feb
18%
Feb
4%
200
Jan
7
L
12% Feb
American
deposit receipts bearer
1
1.25
•
Fort Pitt Brewing Co
(Peter)
Fuller
Brewing
A)
(Geo
Co
:
3
3
15%
3 Va
2,700
15%
14%
2,300
3%
■vV
Apr
4% Feb
3%
Lakey
Jan
Foundry
Lamson
16% Jan
14% Mar
La
Gatlneau
Co
Power
30%
2,100
14%
14%
15
2,900
5%
6
200
6
preferred
General Electric Co Ltd—
convertible
American
2%
2%
2%
27% Jan
3
3%
5%
3,400
Jan
2%
Lr
Jan
3%
Feb
3%
18% Jan
Jan
Class
Jan
19
£1
dep rets ord reg—
5% pfd (Del)
9%
50
8%
'
7A Mar
10%
10%
10
33%
Jan
Lunkenheimer
50c
preferred
20
$6 preferred—•
IGeneral Stores Corporation
1
Georgia Power $5 preferred
•
$4.60 preferred
•
Gerity Mich Corp
1
Giant Yellowknife Gold Mines
1
~4%
4,400
16%
16%
200
common
•
•
10%
10%
11
300
16%
16%
100
15
Mar
16'A Mar
Gladding McBean A Co
10
22
21%
22
400
21
Jan
22% Mar
*
16%
16
16%
17,300
11 %
Jan
1
5
1
11%
11%
11%
1,100
11% Jan
15%
Jan
20%
20%
21%
2,600
20
23%
Feb
1%
1%
1%
600
2%
Feb
•
50
pfd
6%
105%
convertible
5%
Gilbert
Co
Coal
Alden
Glen
Distilleries
Glenmore
Union
Gobel
(Adolf)
Godchaux
Class
Inc
Co
Globe
class B
Inc
class A
Sugars
1%
16% Mar
23,300
loo
107 %
Feb
3,800
3%
Jan
4%
6%
7%
6,700
6% Mar
8%
Jan
50
52
44
50
Manufacturing
-;
49
1%
1%
1%
Mar
Jan
88
1%
60,300
Jan
49
Jan
74 %
28%
28%
130
28%
200
28 %
Jan
28
8%
4%
4%
21
600
29
800
14%
2,000
x5
7,200
8
13%
Jan
3%
190
•
140
;
139
191;,-
125
'
140
209
Jan
140
Mar
133 %
220
100
1
1
2%
2%
3%
3
3
3%
Greer
50o
9o
15%
15%
15%
1,300
14% Mar
11
10%
11%.
8,600
Jan
7,400
18% Mar
Hydraulics Inc
Freehold Leases-
Griesedleck
Company
a
_____
Grocery Stores Products common
Alabastine
Gypsum Lime &
V
2
18%
5.
•
15
r
2%
41,000
18%
18%
14%
15%
55%
.25;;
4%
5%
"
$2
Jan
Jan
Midwest
1
Inc
4%
4%
6,700
Miller
1
Hall Lamp Co
Light—
Brewing
Harvard
1.
25
—1
Company
Organ
Electric
Hartford
Co
.10c
57
1%
Dept Stores
3%
Jan
26%
Jan
59%
1% Mar
2%
Feb
4%
300
4% Mar
5%
Jan
5%
5%
1,200
5% Mar
6%
Jan
2
2
2
2%
Jan
12%
Jan
59%
Jan
9%
13%
13%
24%
30%
5,100
52
50%
Co
4,100
3*
9% Mar
50%
100
101%
8%
24%
100
22 %
Jan
Jan
31
600
Hlgbie Mfg Co common
:
5%
convertible preferred-
1
16%
16%
100
14 %
4%
.4%
3,800
8%
8%
8%
400
2.50
14%
Hollinger Consol Gold Mines.
5
17%
Holly Stores Inc
Holophane Co common.
1
4%
•
28%
Feb
Feb
33%
Feb
103
Jan
79
17%
Mar
Jan
5
8
Jan
9%
Mar
9%
Feb
13%
15% Mar
4%
3,300
18%
1,100
17%
St
•
•
Hardart Baking Co_
St
Hardart common
141% 143%
22%
70
23%
2,100
100
preferred—
xl7
Feb
4%
18%
Feb
38%
37
89%
89
4
4
•
f
7%
7%
Inc common
Hydro-Electric
Securities
Hygrade Food Products
P
50
147
20%
16%
16
111%
Jan
38%
1,400
32%
Jan
39
89%
2,600
87%
Jan
99%
;
100
i
7%
1,500
416%
2,000
7%
15%
National
Feb
National
Mar
National
Jan
Mar
4
National
Feb
4%
Jan
Jan
7%
National
Feb
Illinois
New
Zinc
Co
comomn
5
*
(when issued)
Imperial Chemical Industries—
Amer dep rets ord reg
Petroleum
International
Products
International
Resistance
Investors
Iowa
For
10c
Co.
1
Royalty
footnotes
10%
see
page
pfd—1(H)
37.
31%
Jan
37%
10%
16,300
500
6%
Jan
Jan
New
New
11%
Feb
Jan
8%
Feb
98% >9%
110
100
Jan
99%
4.300
4%
Jan
8%
Feb
108% 111%
3,000
99%
Jan
26%
h
>11%,
New
92
Ltd
Car
common
Idrla
Mln
OH Ltd
St
preferred
Chem
Co
Zinc
23
Mar
New
New
Mexico
29%
Jan
New
Park
300
10%
Jan
11%
Feb
New
Process
Jersey
St
Arizona
Mining
Co
Land
Co
common
i
Auction Co common
New
,
Mar
-
York
New
Feb
r
92.
28%
Jan
33% Mar
1,600
II
Jan
14'/a F6»
26
25%
26
3,200
18 %
Jan
27%
29%
29%
30 Va
4,000
26 %
Jan
30% Mar
22%
22%
23 %
400
19
Jan
23 %
Feb
41
Feb
45
Jan
4
A Jan
York St Honduras Rosario
New
York
Merchandise
Fjb
4% Mfir
38% Feb
9%
Jan
Feb
10%
Jan
13%
Jan
15%
Jan
Feb
35 Va
"9%
1%
~9%
3,500
39
37%
39%
26%
26%
12%
12
12%
23%
2,300
5%
5%
6
9%
9
9 ii
&n
11% Mar
21% Feb
4,100
23%
31%
13%
J'pb
28 %
450
23%
Jan
42%
25% Mar
10,000
26%
7%
27
2,800
24%;4fch
Feb
7 Va .fclan
10%-iJfrb
Jan
5%
7,200
25,500
47%
Jan
Feb
Feb
Jan
~5%
13%
37%
38
10%
37%
10%
200
8%
Jan
13
5%
900
5%
J an
6
13%
1,000
11%
Jan
1%
2,400
5%
13
1 %
7%
18%
Jan
14% Mar
1%
Feb
8%
Feb
900
7% Mar
1,100
17% Mar
19% Mar
Jan
17%
Jan
8
19%
15%
15%
15%
14,100
13%
14%
13%
14%
125
12%
Jan
14%
Apr
Feb
29
29
100
26%
Jan
29%
21%
21
22
1,700
20 %
Jan
23 % Mar
29%
29%
18%
6%
6%
900
7
Jan
Jan
25
1,700
30%
3% Mar
Feb
7%
Feb
33
4%
Feb
4%
5,800
6
1,100
5%
Jan
35
4%
35
150
34%
Feb
36
Mar
18%
17% Jan
19
18
Jan
Jan
105
Mar
4
5%
1,100
103
100
•
57%
43
55%
58%
Jan
43 % Mar
46
18,800
Jan
61% Mar
Jan
30
99 Va
108
108
70
105%
x4
x4
1,800
165% 167
240
101% 101%
•
44
Jan
Jan
100
■44
Feb
6%
36%
500
43
Feb,
4
165% Mar
75
41%
Jan
102 %
Feb
Mar
108
103%
Jan
5
Jan
176%
Jan
45%
Feb
x9
2,760
7%
Jan
x5
x5
100
5
Jan
5%
3% Mar
3%
Jan
20%
8%
9% Mar
21
300
19
Jan
23%
Jan
50
116
Jan
8%
126% 126%
"7%
1%
1%
7,000
1% Mar
25%
1%
26%
1,200
25% Mar
7%
6%
15%
15%
7% Mar
900
7%
100
6%
32
Jan
3,200
33
33
~6%
6
Mar
Jan
130 Va Mar
Feb
2
30% Mar
8'A
Jan
33% Mar
7
Jan
17%
Feb
Jan
6%
Feb
22% Mar
27%
Jan
15% Mar
500
16
5%
5
4%
1,100
23%
22%
23%
6,600
3%
3%
3%
7,400
2%
Jan
3%
1,500
4%
Jan
5% Mar
5,400
19%
Jan
4
1
1
10
1
*
1
30c
17%
11%
5 %
21
40o
100
5%
20%
12%
5%
21
1
20
50c
25
1
1
*
•
10
10
12 Va Mar
200
13*
23
Feb
Mar
15 "
Jan
A Jan
% Jan
lit
2
A
11,200
1% Mar
2
10%
"l%
11
•
900
10% Mar
12
17%
17%
2,300
10%
11%
1,700
10% Mar
11% Mar
26
Mar
33'A
Jan
1
14% Mar
18%
Jan
28 %
26
28 %
4,100
19%
19%
1,200
19 Va
Apr
24%
Jan
19%
Jan
28%
Feb
26
26%
400
24 Va
27%
27%
200
26%
Jan
29%
Feb
3%
Jan
4%
Jan
2%
Jan
4%
Feb
3%
3%
3%
200
3%
3%
3%
19,000
24%
24%
1,800
4%
4%
300
2%
3
'
3
134 %
"4%
5% Mar
76,600
2
131
7%
2%
700
4%
25,500
44%
43%
44%
7,200
23%
21%
24
3 %
3%
4
"4
13,100
3%
20,500
Jan
Mar
7%
Jan
3% Mar
145
Feb
8% Mar
2%
700
9%
A
26% Mar
6% Mar
22,100
2%
8%
"2%
Feb
21
3,200
A
133% 136
6%
convertible
36%- Feb
'
300
12 Va
5
1
Clock St Watch Co
Feb
vjn
1
Corp.
England Tel St Tel
Haven
Jan
..
w
Machinery
Dominion
Feb
8
2%/>a
92
Steel
35
..
Co
Radiator Corp
S
British
4%%
xll2% Mar
8
2%
Radiator
25%
20%
Industries Inc
Presto
U
13,700
-
26%'.28
11%
94
33%
12%
Rights w 1
New
Jan
6%6%
Gas
National Union Electric Corp
41%
Jan
Fuel
Neptune Meter common
Nestle Le Mur Co common
Feb
IE
Co (Mich)
Rubber
36% Mar
10%
32%
1
1
1
*
1
25c
2
common
Mfg & Stores common
Petroleum Ltd
National Transit
Feb
14% Mar
14% Mar
8
5
Public Service Co 3.90%
36%
::
capital stock-*
200
22
5%
37%
Industries
Metal
International
2,250
Jan
86
12%
Dehydrating St
Alfalfa
National Starch Products common
I
Machinery-
International
27%. £9%
14%
14%
£1
Imperial Oil (Canada) capital stock—*
Imperial Tobacco of Canada
5
Imperial Tob of Gt Brit & Ireland—£1
Indianapolis Pwr & Light 4% pfd—100
Industrial Hardware Mfg Co
50c
Insurance Co of North America—
International Cigar
28%
3% Mar
15% MAr
Mar
75
4,200
33%
1
Research
National
common
2%
2% Mar
13% Mar
10
National
I
Jan
16% Maf
76
100
Corp
National
18% Feb
Jan
Jan
74
75
1
National Brewing
National
23%
Jan
2,900
2%
—1
Inc
Milling Co
Bellas Hess
Jan
138
common
St Tel
Tel
States
TV
National
Jan
Mar
National
17% Mar
Jan
2%
46%
76
N
Jan
Jan
107
5
capital stock—*
Lock & Manufacturing Co
6
(Harvey)
Humble Oil St Refining
Service
Namm-Loeser's Inc
Feb
Mar
3%
18%
47 %
143 %
common
Public
Nachman
14% Mar
Feb
15%
Horn
Co
Jan
1,800
Jan
Murray
Feb
3%
13
44% Mar
Ohio Mfg Co
5
Muskegon Piston Ring common—2.50
Muskogee Co common
10
Muter Company common
50o
Mar
Jan
■
SMuntz
Mar
3,900
4
Refineries
Mountain
15% Mar
Feb
14 %
Jan
29%
.
Jan
99%
17%
16%
.15
Horn
Hubbell
,
Xl4% Xl4%
Inc__
(Geo A) St Co.
Hormel
Jan
9
IIIZZIZio
class A
& Co
80
101% 101%
100
10c
3%
15%
2% Mar
600
5,700
14
76%
common.
preferred
preferred
Horder's
Apr
14%
common
Henry Holt & Co common.
Hercules Steel Products
(R)
Mar
2
-
10"
9%
2%
.25c
100
Mar
225
100
4.80%
cumul preferred series B_100
4.50% preferred series C
100
Monroe Loan Society com class A
•
Montgomery Ward St Co class A
*
Moody Investors participation pfd—*
Morris Plan Corp of America
—10c
Mt Clemens Metal Products
1
6%
cumulative preferred
4
Mt Vernon-Woodberry Mills
2.50
Feb
4,100
1%
68
16%
*
Co
Molybdenum Corp
Monongahela Power Co—
4.40%
cumulative preferred
35% Mar
55% Jan
725
16%
*
50o
5
1
50c
50
convertible preferred
Missouri
4% Jan
;
400
4%
common
,5 Va%
Hurd
.1,500
2,300
:
<
A
Class
Heller
5%
1%
24%
Corp.
Mining Co
Helena Rubinstein
Hoe
•
51%
.10c
Hecla
4%
4%
34%
56%
5%
Co
Hathaway Bakeries Inc
Havana Lithographing Co—
Hazel Bishop Inc
Hearn
4%
33%
2
Hastings Mfg
Hazeltlne
4%
34%
56%
7% Mar
6%
*
dividend shares
Mining Corp of Canada
Minnesota Pwr & Light 5% pfd
*5% Jan
Jan
Jan
7% Feb
Jan
16%
:
Abrasive
Wohl
4% %
Feb
'
Hammond
common
common
Piping
Mid-West
Feb
59
55% Mar ;-iw*
Co
Mid-West
12% Feb
■15%
•'
Jan
6%
Corp
Bumper
non-cum
Mldvale
:V0«% Mar
>*
v
4A
Mar
6%
Midland Steel Products—
Jan
18%
V
„
500-.
A&5%
3%
Jan
Mar
3
:
H
-
Laboratories
Haelan
-
A!
12,000 :*
Corp
Michigan Steel Tube
Jan
Jan
4% Mar
37%
4%
71%
1
2.50
Michigan Sugar Co common
1
6% preferred
10
Mlcromatic Hone Corp
1
Middle States Petroleum common
1
Midland Oil Corp $1 conv preferred—*
Michigan
9%
Jan
600
1
1
25c
Ltd
Co
Iron
Textile
Metal
Feb
Mar
181
preferred
Oil & Chemical Co
Great Sweet Grass Oils Ltd
1st
Great Lakes
Grldoll
Mesabl
Pacific Tea—
&
Non-voting common stock
7%
Merrill
Feb
5%
Mfg Co
Petroleums
common
Menasco
16% Mar
Jan
3%
71
1
Jan
~6%
1
Dredging
Johnson & Co
Mead
Mar
8%
1,500
Feb
13%
6% Jan
200
4%
71%
—5
*
10
1
Corp
McWilllams
Feb
29
Feb
7%
13% Mar
8%
Jan
9 % Mar
Feb
9%
23,100
4%
~6%
III
1
*
—1
& Co common
(AG)
McKee
30% Mar
8
14
Aircraft
McDonnell
1% Feb
62
22%
34
£1
10
Ltd
Co
Shovel
Power
Massey-Harris-Ferguson Ltd
Mays (J W) Inc common
Feb
57
57
Co__
Jan
700
1
•
common
Communication
Marion
49% Mar
Jan
Stores
(The B) Co
Marconi International Marine
56% Mar
42
86%
11%
11
8%
4%
5
10
Manlschewitz
16% Mar
Jan
Jan
Jan
11% Mar
Feb
1%
220
44
9%
Corp
Mangel
Jan
109
15
M
Feb
3%
Jan
1
*
Macklntosh-Hemphlll Co
Maine Public Service Co
105% Feb
3%
6%
1
50
Gorham Manufacturing common
4
Graham-Paige Motors 5% cony pfd—25
Grand Rapids Varnish
1
Gray Manufacturing Co
5
Great Amer Industries Inc
lOo
Consolidated
Goodman
1%
% Jan
,
11%
.
Feb
Mar
12%
2
Jan
Lynch
2,800
Jan
9%
7% Mar
2,800
8%
1
1
Co
(The)
Jan
,"
108% 108%
3%
Mines
Goldfleld
Great Atlantic
18%
111%
•
preferred
prior
1%
Jan
Mar
105% Feb
•
B
$4.50
~1%
5%
4
Service
(AC)
Gilchrist
108
Jan
108% Mar
General Plywood Corp common
General Public
1,800
38%
7%
13%
5
Chain
Feb
37%
~4
common
Adv
7%
13%
5% Mar
6%
5% Mar
*
*
B
Steel
500
20
1
10
Feb
38%
Jan
33%
~4 Va
General Outdoor
Inc
(The) Co
Longlnes-Wittnauer Watch Co
Louisiana Land & Exploration
5
100
Flreprooflng
General
(R G)
Lodge & Shipley
10% Mar
Feb
preferred
conv
Realty common
Tourneau
Locke
Finance
common
cum
liberty Fabrics of N Y
5%
cumulative preferred
Loblaw Groceterias clacs A
6% Feb
Feb
2%
5%
Lefcourt
Feb
16
14% Jan
Inc
Feb
Feb
4%
Co
University
Extension
Salle
Lear
29% Mar
112
Feb
3% Mar
.
1,700
3%
•
com—1
25
Alloys Co
Supply Corp
General Builders
General
4%
110
1
Warrants
5%
200
4%
..100
preferred—
Mfg Co common—
General Acceptance
Corp—
General
30%
4%
common.
6%
Dell man
Sessions
&
Lamson
7,600
7%
5
10
5
50c
.J
25c
1
Delaware
6
13%
1
Corp
of
Corp
600
5%
5%
6
15%
5%
1
Mines Ltd
Lake Shore
15%
3
1
Laclede-Chrlsty Company
L'Aiglon Apparel Inc
Motor of France—
Ford
•
4
33 %c
20c
Forge Co
Kropp (The)
Jan
3%
A
■■
_
1,100
:
Motor Co Ltd—
Ford
Fox
107% 109%
109
non-voting
1
>-.•
.
Jan
Jan
12
'
Ford Motor of Canada—
Jan
42
3,000
10
Apr
16%
Feb
38%
2%
2%
""%
650
4%
3%
2%
7.50
Stores
Jan
46
26
13%
4
10
Rubber Co
(I B)
Kobacker
106
Jan
42
1
M Co Ltd
G
Jan
14%
*
50
1
1
1
Co
4% Jan
Jan
34 %
16,100
'
-
23%
Xl2%
25%
2.50
Co
Knott Hotels Corp.
Jan
12
*
Products
& Development
Klrkland
12
&
Inc
46
44%
2%
103%
400
3%
3%
5
Petroleum common
Kirby
Jan
7%
1%
1
pfd—100
Corp
(Walter)
Kingston
10% Jan
21%
.
Feb
300
6%
2
2
Kings County Lighting common
4% cumulative preferred
Feb
8,400
7
6%
10c
(Del)
Co
Kennedy's
2^ Mar
3% Jan
44,000
21%
_1
Jan
150
Key Co common
Feb
4%
1
—
37 %
Apr
A
A
1
Inc
31%
8,400
59 Va
59
—2.50
Tiger Line
34
4%
1%
common.
Inc
Ltd
Kansas Gas St Electric 4%%
18% Mar
-
56%
4%
__10
Fitzsimmons Stores Ltd class A—
Flying
2%
_
Co Inc
(M H)
Fishman
2%
•
Inc
Sterling
Firth
31%
25o
Oils Ltd
Federated Petroleums Ltd
Fire Association (Phlla)
Fargo
31%
Jan
100
K
53% Feb
15,300
1
Co
O'Mahoney
Kldde
St Instrument
18 Va Mar
13%
5%
6%
1
Feb
Jan"
F
Falrchlld Camera
High
r.ow
2,000
5%
5%
Oil
Glass
Jeannette
105% Mar
Jan
Mar
7%
19
Jan
18
Range since Jan, 1
17%
Jan
Jan
70
16
Shares
Jan
23
for Week
High
16%
17
1_1
Inc
Israel-American
Apr
19%
1,100
.$1 or 25o
Eureka Corporation Ltd.
•
Iron Fireman Manufacturing v t c.
Ironlte
Range
Low
Corp
10c
Israel-Mediterranean Petrol Corp Inc-lc
102%
2,700
r
Par
Irving Air Chute
15%
1
1
Inc
'
'
'
•
17% Mar
61,300
-
-
29 Va Mar
1A
100
5
.
Mar
i
of Prices
Last
Jan
2,300
-
19
16
1
16% Jan
30
,
8%
y4
19
High
■
Week's
Friday
Sale Price
American Stock Exchange
% Jan
12
5,600
05
*
26% Mar
100
__
1
Feb
%
4,800
105
100
1
5
10c
pfd
Empire District Electric 5%
Empire Millwork Corp
Emsco Manufacturing Co
18%
1%
16%
18
1
of
1A
16'A
Rights
APRIL
1
Jan.
CJ2% Jan
9,000
%
Eltotrograpmc Corp
Electronics
16
since
•<
.
.
common.. —5
Share
St
15
ENDED
STOCKS
Hiuh
ti
--
Corporation
ElectroData
15%
WEEK
...
Range
1
Limited
Mines
Low
FOR
Sales
Range
tie Price
American Stock Exchange
Elder
Week's
Last
STOCKS
3%
Jan
Feb
8% Mar
-
11
Feb
3% Mar
5
Mar
40 % Mar
48%
19% Mar
25%
3 Va Mar
4%
Jan
Jan
Jan
Mar
58
Jan
72
10%
Jan
12% Mar
45%
45
45%
450
40
Jan
48
Jan
10%
10%
10%
250
10
Mar
11
Jan
30
(1534)
The Commercial and Financial
Chronicle... Monday, April
4, 1955
AMERICAN STOCK EXCHANGE
RANGE
Friday
STOCKS
Last
American Stock Exchange
Niles-Bement Pona
Mar
American
38
39%
8,400
35%
21,100
2%
Jan
7%
7,400
ocunuci
Jan
17
Texas
47
~5A
25
Oil
5
Airlines
47 %
8 V'b
103
2G.500
2,500
7%
8%
90
pfd—100
14%
600
5%
28
50
4%%
18,500
28%
5%
28
1
Co
Northern Ind Pub Serv
18%
45
5%
Oil
Company!
I
1
4%
+
common
500
8%
Ohio Brass Co class B
common
Ohio Power 4 Vis
preferred
Okaita Oils Ltd
Okonite Company
Jan
Shoe
8% Mar
20
88
Mar
91
Mar
99
Jan
104
Jan
100
110%
1%
common
Omar
i:%
7%
7
j
Jan
Corp
Sicks
Jan
100
7%-
220
55
71
1,900
61
112
1U
Jan?
Feb
Jan
6%
Jan
6%
Jan
4%
53,700
8%
5%
7%
Jan
7%
21%
•
ghares.ios
21 %
100
20% Mar
23%
Feb
80
81%
1,150
65%
Jan
82
Feb
700
18%
Jan
81%
\
22%
22%
23
...
'
Apr
'
5%
1st
g
1st pfd
25
:
redeemable 1st preferred
redeemable 1st pfd series A
4.80% red 1st preferred
4.50% red 1st pfd
25
5%
Pacific
Lighting
$4.50
$4.40 dividend
$4.75 dividend
Pacific
Israel
Oil
•
_i
IlOO
pfd
vtc_~~2~Bol
vtc
;
67%
"1%
12 %
100
10%
5,800
«
53%
52%
53%
400
25
&
Power
America
class
105%
class
106
125
200
10%
104
1%
18,000
2
Jan
1% Mar
2%
Jan
5%
8%
3,600
20,000
5 %
~5%
600
17%
17%
17%
900
17% Mar
25%
Jan
17%
17%
2,400
17% Mar
24%
Jan
8%
37,400
2,700
6%
8%
Apr
7% Mar
9%
Jan
6
300
5%
Jan
6
Feb
18
6,800
16%
Jan
59
8%
7
7%
8
6
17%
45'%
4%
68
46
4%
%
4%
68
69
20
20
5,150
10J
18
Jan
21%
Jan
8%
8%
8%
4%
4%
2
Ijg
Mar
Jan
Jan
7%
7%
8
4
2.50
7%
•
29
3%
Jan
1
16%
B
cumulative preferred
com
i
•
Pyrene Manufacturing
Feb
Jan
Tampa
100
49%
Jan
57%
Feb
Xecnnlcoior
52
25,200
Texas
Power
Thew
Shovel
12%
16%
Apr
Thlokol
A
Jan
1%
Feb
26%
300
15%
Feb
10%
2,100
9%
Feb
27%
Railway & Utility Investment
Packing Co common
A
250
Mar
44
Jan
49
Jan
700
.
100
15%
Jan
16%
Jan
400
27% Mar
41
Feb
Preferred
—1
7%
7%
7%
100
24%
24%
24%
100
Jan
34%
1,800
10%
Jan
13% Mar
12%
Oil
Co
Russeks Fifth
500
1%
1%
900
1
1%
40
12%
13%
300
5,700
4%
5,300
2%
96
700
250
3
Feb
Jan
Feb
68
Jan
7%
Mar
Feb
6%
Apr
Jan
3%
Jan
Apr
92%
14%
Feb
97
Jan
200
Mar
12 %
21% Mar
24%
Jan
1,500
20
Jan
32 % Mar
300
52%
Jan
62% Mar
28%
28%
500
28% Mar
13%
14%
29% Mar
1,600
13% Mar
11%
12
15%
Jan
14
Jan
common.
3,700
11% Mar
5%
Jan
18
18%
4,600
17
Jan
39
41
3,100
28%
Jan
%
50%
Carlos
Milling Co
Feb
Feb
5%
6 %
24,600
3%
Jan
6%
Ltd
Ban
Diego Gas & Electric
Cum pfd 5% series
Savoy Oil
7%
6% Mar
2,500
6%
Jan
8%
Sayre
Schick
&
Inc.,
f^otnot^c
_25c
""
Co
1
—1
.
•
*""
65 V4 Mar
Jan
_I
poo"
100
12%
Jan
13%
Jan
24
400
22%
Jan
24
3)g
7
6%
7%
6%
26%
27
22
21%
4%
7%
7%
54,500
5
58
Jan
Jan
4%
5%
Feb
65% Mar
Jan
6
Jan
5 %
Jan
200
23%
Jan
26
16%
4,200
13%
Jan
16%
3%
35,400
1"%
Jan
4
600
53%
Jan
61
Feb
31
Mar
3%
57
29%
58%-
4%
Feb
6
Jan
6%
Jan
Mar
Apr'
;
Mar
29
30
5,000
26%
33%
35%
2,10)
30%
Jan
35% Mar
16%
17%
8,300
16%
Apr
18
lb '/8
4UO
16%
Apr
17%
Jan
24%
5,900
14%
Jan
24%
Apr
16%
16%
24 %
21
7%
7%
Jan
7%
2,800
6%
5%
5%
5%
2,100
5
4
37/a
4%
7,600
3%
6%
1,100
3%
Jan
18%
600
17%
Jan
18
Jan
Jan
8%
Mar
7%
Jan
Jan
4%
Jan
Jan
43
~6%
46%
8
Feb
Feb
Feb
18% Mar
16
14%
16
14
Jan
16 %
11%
11
11%
400
10%
Jan
11% Jan
4%
1,300
3%
Jan
8%
272,200
4%
Jan
3 '/a
3%
6,200
Jan
4%
Feb
8%
7%
29"%
29%
30
1,400
26% Mar
30%
Feb
26%
25 %
28%
5,300
23% Mar
30%
Jan
40
40
42
37%
43% Mar
20%
21%
•
325
2,100
25o
7%
1
16%
17
47%
49%
3.3° >
1,175
Inc
•
4%
I
if
7%
4%
26
27
Jan
20% Mar
1,300
4%
27%
Corp
700
7
600
8% Mar
23%
Mar
16% Mar
45
Jan
3%
Jan
9
Jan
22%
52
Jan
Mar
Jan
5%
Feb
Mar
26
36%
Jan
•
12%
12%
1,700
11%
Jan
1,900
11 %
Jan
12 %
27%
26%
27%
1,300
23%
Feb
27%
1
.
15%
15%
15%
19,500
14%
Jan
11%
12
11%
•
common
110% Mar
29
28%
29
1
20%
29%
20%
10c
Inc
4%
4%
4%
7,900
7,000
900
Jan
30% Mar
15
Jan
20% Mar
4% Mar
5%
Jan
13%
2,oun
12% Mar
15%
19%
20%
6,000
14%
20% Mar
25c
Inc
12%
53%
52
59
1,350
40% Mar
1,500
10%
10%
10%
28
27%
28
67
62%
JOJ
6%
5a
Corp
1%
1%
70c
5%
IOQ
101%
1
prelerrea
2%
1.25
5%
1A
Jan
56%
Jan
Feb
Mar
12%
Feb
28%
Jan
7%
Feb
1A Jan
69
Mar
2,400
5
Mar
6%
200
99
Jan
101%
Jan
2%
2,000
Jan
2%
Jan
1%
1%
3%
3%
12%
58,100
26%
26%
20
21
2%
1,800
12%
2l
Feb
600
12%
•
Jan
Mar
59
101%
2%
Corp
Feb
4.200
69
5%
100
1
Inc
9%
26
£1
20
Trans Lux Corp
Trl-Continental warrants
Trunz
23%
19%
I
Temper
Apr
Mar
13
1
True
112
10
Roofing Inc
Realty & Construction
Security Trust Co Ltd—
Amer deposit rets ord registered
Amer deposit rets def registered
Todd Shipyard Corp common
Oil
Jan
16% Mar
20
common
Toieao Edison 4%%
12% Mar
'
5
Corp..
Co
12%
7
5
Markets
2
3,700
1]$ Mar
2%
Jan
Feb
4%
Jan
10% Mar
14%
3%
400
•
Feb
25
70
Jan
19% Mar
Jan
27 %
Feb
21
Apr
u
Ulen
Realization
Corp
Unexcelled
Chemical
Union
of
Gas
Union
Union Stock
Aircraft
United
Elastic
Milk
Amer
dep
rets
—100
U
8
U
S
$5
25
1
common
1
•
99
7%
8%
2,100
6%
Jan
36%
300
35%
Jan
Feb
9%
40
9%
Feb
Feb
Mar
Feb
Feb
Jan
«—i
——
'
239
——
—
239
—
100
5A
230
Feb
Jan
li
13
106
%
5%
Jan
50%
53%
8,900
47%
Feb
39%
40%
380
11%
11%
.700
3 %
17,200
122% 130%
51%
11%
2.600
3
3
126%
16
16
37
11%
Jan
Mar
Jan
5%
239
Feb
Mar
1& Mar
9
Mar
54% Mar
40%
13
Jan
Feb
3
Jan
.3%
Jan
90%
Jan
130%
Apr
Universal
American
5%
2,400
5% Mar
6 %
Jan
1%
1%
1%
400
1% Mar
2%
Jan
3
-25c
Corp
12% Mar
105%
—50c
2%
Insurance
Products
5%
1
Consolidated Oil
Universal
6,000
5%
•
common
Reclaiming Co
Stores
Corp common
16%
1
warrants
Rubber
United
Jan
36%
—10c
International Securities..
S
85%
—
10
1st preferred with
U
10% Mar
25
common
class B
and
Jan
4% Mar
4
Conditioning Corp
Radiator
8%
—
25
S
200
7%
—100
common
Machinery
U
9%
\
registered.. —10a
Canai
Specialties
Air
0 S Foil
47%
7%
Preferred
United
6%
Apr
-
Ltd—
Sharing
Jan
•
preferred
United Shoe
Feb
4%
41%
— —
20
common
ord
&
3%
500
——
common —60e
Corp
RR
300
2,200
5
:
Omaha
Products
Profit
10%
«
of
3%
42%
9%
41%
5%
41%
5%
•
Porducts
United Molasses Co
3%
5
Co
Yards
United
United N J
_10c
Corp
Canada
Investment
1,900
48,700
Feb
5
is
Feb
7
8%
Feb
Jan
3%
Utah-Idaho
3
2%
—10
63
15
Co
Jan
7% Mar
—
Jan
16% Mar
107%
l^eb
3%
900
2%
Jan
2%
31,500
1%
Jan
400
67%
Jan
73
28%
Jan
37% Mar
63
%
L.
$4
common.
convertible
3% Mar
2% Mar
Jan
23%
27%
Venezuelan
7,200
23
Jan
27%
2%
600
2,'fl
68,200
1
%. Jan
8,700
7
Jan
3%
Jan
3%
200
1A Jan
6,100
28 %
Jan
3V4
Feb
3%
Jan
Co
6%
Jan
Apr
3%
Feb
3
Feb
4%
Feb
Voart
Manufacturing
Vulcan
6%
2,300
Apr
IVa
90
Jan
94%
30%
1,300
27
Jan
30%
4%
„^
Petroleum
4%
4%
6,500
4
Mar
32%
33%
7,900
25
Jan
5%
4,900
5%
4,100
1
Syndicate Inc
Vinco Corporation
Virginia Iron Coal & Coke Co.
__
A
11 % Mar
6%
Silver-Lead
.
•
Co
Venezuela
10%
3%
25% Mar
29%
5
-
warrants
Norman
28 % Mar
1 is
450
•
Van
Jan
9%
6%
27%
3%
3%
,1
....
preferred
Steel
20
10%
26%
27
5
.
Vanacuum-Aiioys
19,000
~2
10
common
Sugar
Vaispar Corp
27%
3%
Jan
Jan
3% Mar
—1
3%
22%
•
common
Corporation
25%
2
Jan
Jan
20 % Mar
4%
"Bbo
—1
*>7
Jan
21 % Mar
24
16
Feb
1
Universal
72%
12%
-50c
Co Ltd
2,700
..20
—1
Western Airlines
Securities Corp General
67%
..20
Ltd
8eaboard
For
66%
12%
-.20
___
Scullin Steel Co
common.
Scurry Oils Ltd
Scurry-Rainbow Oil
67%
Co—
Inc
(Del)
Pisher Brick
—1
—8
Cum pfd 4%% series
Cum pfd 4.40%
series..
8apphire Petroleums
.
:
Feb
5"
Universal
common.
Jan
2ff-
200
Tishman
6 % Mar
23%
27%
boo
Tobacco
Jan
3,400
31
58%
42%
5,100
♦
Light $4.56 pfd
Co
Chemical
Thorofare
United
10%
22%
10
Jan
Jan
4%
3%
rm—
32%
20c
.
5%
J
5%
_
_
4%
25
16%
—
1
5
25
•
Corp
5%
4%
Jan
5
Jan
Feb
Mar
33"% Mar
6%
Feb
Jan
6%
Feb
Mar
29%
Jan
Jan
17%
Feb
4 y4 Mar
5%
Jan
4%
■
10
4%
•
Feb
45% Feb
25% Mar
700
•
70c convertible preferred
Thor
3% Mar
21%
57%
common
&
United
10
I
Lawrence Corp Ltd
San
"
4%
Jan
JatT
s
.
St
1% Mar
45%
38%
28%
-
15%
16%
--
*
6%
5
common
Mar
1% Feb
30
22%
common
Haynes
10"%
31000
3%
24
54% Mar
y
24%
5%
-
*
Jan
Jan
39% Mar
3%
10,300
Jan
10 %
Feb
Jan
%
6%
93%
(The F C) Company.
Ryan Aeronautical Co
Ryan. Consolidated Petroleum
&
1
~7%
Russell
Ryerson
16%
29,200
3
Co
Ltd
Ave
22%
3%
1965
i
(The) Corp
20%
7%
Rocnester Gas & Elec 4% pfd F:
Rolls Royce Ltd—
American dep rets ord reg
Rome Cable Corp common
Roosevelt Field Inc
Royalite
9% Mar
5%
Rico Argentine
Mining Co
Rio Grande Valley Gas Co—
'Tefcas Corp) vtc
w
Apr
13%
55
Steel
7% Mar
24%
12%
Radiator
common
Jan
Jan
30
39%
Co Inc
Rlce-Stix Inc
Electric
7
23%
2,800
1%
3
Mar
34%
Engineering
Jan
28
33%
20%
1%
u
to
Jan
13%
Reis (Robert) & Co.
Reiter-Poster Oil Corp
Reliance Electric &
Rowe
104% Mar
33%
-
Pump Co
4%
*-
37% Mar
*'
'
24
1
Tonopah Mining of Nevada
Trans Empire Oils Ltd
-.10
Rath
New
10% Mar
Jan
Jan
1
common
Thompson-Starrett
Feb
Mar
300
16%
30-
2%
28
49%
300
-
5%
Tilo
103% 104%
48
48%
16
91$ Feb
•
,
Raymond Concrete Pile common
Reading Tube Corp common
Rotary
Feb
5
13,600
Jan
1
B
Cement
Co
Inc
Feb
25,500
P"0
■
5%
fau
1
common
A
Electric
Jan
2%
32
27% Jan
4%
1
common
class
12%
9
2,700
41%
1
common
60%
26%
extended
B
Toklan
Quebec Power Co
Vtc
Inc
Class
Jan
Q
Remington Arms
Talon
11"% Mar
16%
Jan
f
8%
A
Co
Jan
x4%
10%
10
Si
Feb
Jan
15%
8V2
80
5%
10
common
Portland
6%
150
Jan
300
5
1
Corp
Drug
2,600
55
7%
300
16%
Supermarkets
7%
54%
Feb
*
1R%
.*;•
Feb
6% Mar
9%
54%
60
1
Inc
class
B>
(8)
Ray
34 %
Jan
Feb
44
5%
65
1
8tlnnes
Sun
Feb
4%
27%
17%
■
4% Mar
25
20
Jan
4%
34%"
Jan
8%
■
54 %
2
Canada ordinary
Corporation
(J
7%
26%
48
Stetson
9%
'
43%
•*
Superior
29% Mar
12,800
27%
Sterling Aluminum Products common.5
Sterling Brewers Inc
1
Sterling Inc
1
Sterling Precision Instrument
10c
Jan
54
54%
33-%
>.
44
Inc
Superior Tool & Die Co
Swan Finch Oil Corp
9%
100
1
Feb
27%
500
7%
5
Jan
Mar
6%
9
7%
25
& Co common
Jan
2
5
of
3 %
8
100
Puget Sound Pulp & Timber
Pyle-National Co common
(A)
27%
8%
•
Parts
100
2%
•
Co
Steel
Stein
3,200
1
Gas
Steel
3%
1
Public Service of Colorado—
9%
Apr
2.50
America
East Dome Mines Ltd
Tube
(The)
3%
54
54%
7%
300
4
29
3%
22% Mar
1,100
2%
89
5%
9
25
Standard-Thomson Corp
Sunrise
5%
5%
25
Co
Jan
78%
32%
•
B
17%
1,000
10
class
Products
Standard
Jan
3% Mar
33%
Light common
Stroock
5,500
Jan
12.50
(Hugo) Corp
Stop & Shop Inc
2,000
25c
&
Jan
7%
45
8%
.
preferred
Power
Jan
24%
39% Mar
1
Packaging Corp
4%
85%
Feb
4,700
10
9%
6%
41 %
41%
1
(Ky)
Feb
83%
__1
Oil
Jan
23%
40-
21%
1
Industries
4%
85
18% Mar
1
Corp
7%
Jan
1,600
3,800
•
Line
Standard
Mar
9%
400
Forgings
,"
37
19%
1,900
Starrett
6% Mar
Jan
9%
26%
Common
Jan
Mar
18%
40%
Pipe
Feb
38% Mar
'37
9%
25%
Co
Mar
18%
x39%
1,900
20
35
2b %
5,300
3,200
5
50
40%
Standard
Jan
6,300
37
25
600
18
~2%
:~6%
25
Convertible
Jan
21
preference
Materials
Jan
24
23%
30%
8,900
25
Standard
49%
Jan
Jan
33%
38%
6
37
20
preferred
3
A Mar
36%
6
convertible preference
cumulative preferred
ljU Jan
24%
6%
Jan
4% Mar
Feb
4%
17%
47%
Jan
x71%
27,700
2
18% Mar
Mar
3%
1
Jan
5% Feb
Jan
45% Mar
4%
62
68
2%
1
common
Jan
100
shares__l0s
of
Jan
5
600
~3A
~"~IIoc
•
Jan
36%
cumulative
Standard
Jan
%
•
Producers Corp of Nevada
Richmond
Jan
Jan
Jan
20%
*
Standard
108% Mar
70%
800
1
preferred
cumulative preferred
Standard
Jan
2
46 %
1
Powdreii & Alexander common
Power Corp of Canada
common
Pratt & Lambert Co
•
Jan
„
67% Mar
13
23%
Feb
•
Standard Dredging Corp common
$1.60 convertible preferred
Feb
6%
2 50
Pleasant Valley Wine Co
Pneumatic Scale common
Polaris Mining Co
Re da
Feb
3%
22%
•
common
convertible
Jan
117% Feb
106%
Publications—
Royalty Co
Spencer Shoe Corp
Stahl-Meyer Inc
Jan
Jan
56%
Jan
Jan
28
1
preferred
Feb
23% Mafr
12%
Jan
47
23%
2
A
13%
Feb
100
•
Co
Southland
Jan
Jan
2
1,000
Jan
Mar
Jan
Mat
5%
104%
*
A
Ltd
Pattern
Southern
Jan
101% Mar
104
•
4.08%
Jan
104'%
102
.100
Canada
11%
22
a
Southern
17
52% Mar
104%
18%
9% Mar
2,900
4.32%
Jan
27%
105%
1%
17%
Piper Aifcraft Corp common
1
Pittsburgh & Lake Erie
50
Pittsburgh Metallurgical common..2.50
Pittsburgh Railways Co
•
H.
1%
29
Mar
26
11%
23%
original
4.48%
Feb
6%
*
Pioneer Obld Mines Ltd
f
1%
27% Mar
29%
102% Mar
11,300
14,700
Jan
1%
1
Pierce Governor common
Pinchin Jphnson Ltd Amer
J
67%
20
250
27%
.
6%
2
Phillips Packing Co
Phillips Screw Co
4'/*%
10%
107 % 107%
.~~._2.50
Circle Corp
Peruvian Oils & Minerals
i)
105%
2%
180
Jan
17%
Co
Prosperity Co class
500
900
10%
107%
200
28%
10%
1
Pep Boys (The)
ZZZZZZZl
Pepperell Manufacturing Co
(Mass)—20
Providence
28%
26%
26%
103% 104
1
Perfect
Preston
Feb
1
__.~I._~2
Patican Co Ltd
Metals
Jan
29
2,800
Jan
3
12%
9%
convertible
4.56%
Jan
32%
2%
ic
Pennroad Corp common
Penn Water & Power Co
Pressed
33%
Feb
Jan
105
"TboI
Parkersburg-Aetna Corp
Prentice-Hall Inc
Jan
27%
2%
common
Parker Pen Co class A
Class B
Traffic
31%
2,300
103% 103%
♦
Pantepec Oil <C A) Amer share
Paramount Motors
Corp
Park Chemical
Company
Penn
600
28%
28%
26%
•
1
Pancoastal Petroleum (C A)
Pan
25
preferred
Airlines..
Page-Hersey Tubes
33%
28%
28%
25
preferred
preferred
Northern
Feb
29
28%
25
cum
Pacific Petroleums Ltd
Pacific Power &
Light 5%
Feb
36%
36
25
5%
j
28%
25
35%
33
25
preferred
* '
Feb
13%
common
4.88%
25% Mar
36
3'/2
Jan
B
Co
5%
Pacific Gas & Electric
6%
5%% 1st preferred
tian
11%
2%
12%
Mar
11%
Southern California Edison—
Pacific Can Co. common
1%
100
2%
1
South Coast Corp common
South Penn Oil Co common
23% Mar
.
lo.JOO
10c
Simpson's Ltd common
Singer Manufacturing Co
:
Singer Manufacturing Co Ltd—
Amer dep rets ord registered
Smith
(Howard) Paper Mills
Sonotone
Corp
Boss
Manufacturing common
84% Mar
7% Mar
400
Jan
16
23%
Gas
&
Simplicity
Mar
Jan
Jan
4%
900
10%
Water
of
Oil
$3
Jan
Jan
1%
825
6%
Mar
108%
400
11%
2,8J)
•
Bimmons-Boardman
8% Mar
*
5,400
5%
5
Breweries
Signal
4% Mar
6%
80 %
6%
Zi
Inc
O'okiep Copper Co Ltd Amer
Overseas Securities
■,
3%
liV
77%
1
Television Inc
7,700
21,700
110% 112
23
preferred
<fe
4%
55
14%
4-/8
common
8%
7%
55
90c
Old Town
Corp common
■40c cumulative
Olympic Radio
4
•
16%
11%
Mining
of
Class
Oceanic
16%
common
Denn
Sherwin-Williams
30
:
101% 103
1
High
5y«
—20o
4%
preferred
Sherwin-Williams
Feb
Jan.
Low
12%
r
6% Mar
28%
Jan
Range since
1
common
49% Mar
Feb
*
High
16%
Control—_—
eLather
Bllex
Ogden Corp
Lory
Surety
Shawinigan
19%" Feb
Jan
4%
26
6,200
91
Jan
Low
Shares
12.50
xtaun*
Sentry
9% Mar
for Week
of Prices
•
Co
onoe
Feb
3% Mar
Seton
Canadian Oils Ltd
RR
44%
Inc
Bros
Sales
Range
Sale Price
Par
Seeman
Mar
Shattuck
17%
Rayon $3 preferred_50
Central
Penn
6%
19
Corp class B
Bervomechanlsms Inc
10c
North
North
1%
Mar
Week's
Last
Exchange
High
Jan
2%
2%
7%
17
31)
North
Northeast
<jOir
500
American Slock
1
Sernck
Norden-Ketay Corp
North
High
18%
1
1
STOCKS
Range since Jan.
39
•
;
APRIL
ENDED
Friday
Shares
13
Non-Ferrous Metal Products—
Name changed to Western
Stockholders Investment Ltd
(Effective
of Prices
18%
1—1
Mines
Noma Lites Inc
WEEK
for Week
Low
5
FOR
Sales
Range
Sale Price
Pn-
Nipissing
Week's
200
25
16%
10)
15%
4%
3,300
%
Number 5417
Volume 181
The Commercial and Financial Chronicle
...
(1585)
,
37
AMERICAN STOCK EXCHANGE
RANGE
Sale Price
Aircraft
•
ctfs ext
Waitt
Bond
&
Wallace
Low
High
American
1
since Jan.
Range
Waltham
Ward
Watch
Baking
&
T
series
$6
West
20%
500
19% Mar
24
Jan
1
23%
22%
23%
1,300
22% Mar
257/8
Jan
2'A
15,700
2%
Feb
2
1
*
148
148
104%
•
Is
ord shares
Stationery
&
Westmoreland
Coal
Inc
White's
Wichita
(Wm)
Oil
River
(The)
Wickes
Williams
C)
(R
5%
Wl)od
Pwr
8 Ms
6%
iff
"%
3%
3%
14%
Ltd—
•
37/s
15%
Jan
Below
listed
Feb
39
75
Jan
2
2
iff
713 Mar
9%
3% Mar
3 % Mar
2
2{I Feb
10,500
•
i.
Exchange
Jan
or
1
June-Dec
1978
Jan-July
1970
Authority 3%s
"«
-June-Dec
Quar-Feb
*
Bonds
Friday's
Bid & Asked
Date
;
.
Jan
25-'——-.
28__
412.91
150.79
March
29
413.73
151.36
63 85
410.13
149.22
63.38
409.70
150.32
1st
.
30_
31
.
_
High
No.
Elmira
Water
Ercole
Lt
3 Vis
98%
91%
Jan-July
1956
RR 5s
&
Mar-Sept
A6%s
Nov
ex
150
1953
coupon
Finland Residential Mtge Bank 5s 1961
Line 5%s
Tiger
Flying
conv
debs
1967
10
-
Western
&
RR
4s
7s 1935
AHamburg Elev & Underground
& St Rys 5 %s 1938
Isarco Hydro-Electric Co—
A7s with Nov 1 1940 coupon 1952
AHamburg
A 7s
Nov
ex
1947
1
Midland
6%%
72
Tue3.
Mar.
29___
96%
Wed.
Mar.
30
6%s
mortgage
__
__
1st
3%s
Water & Power 3%s
1964
1970
Piedmont
with
A6%s
ex
Oct
Oct
1
Public
Co
1998
6s
Housing Corp 6%s 1958
Safe Harbor Water Power Corp
3s,
1981
Jan-July
93
—
ref
M
3s
series
C
2%s
series B
1973
95%
101%
Feb-Aug
1976
and
1st
—
Feb-Aug
3s
series
E
1978
Feb-Aup
3s
scries
F
1979
Feb-Aug
April-Oct
1970
Southern California Gas 3%s
Southwestern
(Calif)
Gas
Counties
Southern
&
Gas
Electric
1970
(A G) & Bros 5s 1989
Hydro-Electric Co—
A6%s
with
A6%s
ex
Electric
United
7s
A7s
Aug
Dec
1947 coupon
1
Service
Dec
with
ex
1940 coupon
1
Aug
105%
Feb-Aug
Feb-Aug
-
1953
__
1956
A 6s
s
f
June-Dec
Jan-July
mtge s f gold 1945
Wasatch
deb 6s ser A 1963
Corp
Water Power 3%s 1964
Webb & Knapp Inc 5s debs 1974
Washington
West Penn
Western
Traction
Union 6s
Newspaper
—
96%
104%
78
June-Dec
June-Dec
93%
29
xie*'-
TJ
7
jud
68.05 Jan 18
rt'>
iD
.tt.v
aho"
1st
1954
Range for
70.92
Low
47.32 Jan
> be
68.72 Dec 31
tin'
4
+
SV ;l
•
rjo'^.
t,
y.
■
Mar. 25,
.
'•90%
>
Manufacturing
Durable Goods
Non-Durable
92
104%
100%
Trade,
102
103%
Mining
—.—
and Service
Finance
156
170
95%
102
Q9
110
315.2
t.
1,249.7
1198.5
+.
124.6
v
154.3
209.5
283.0
233.1
'
324.2
i,
101
103 %
103 %
Tues. March 2f
;—
$2,811,000
2,771,390
2,741,000
$3,281,000
207,000
Wed. March 30
3,408,518
2,818,000
Thurs. March 31
2,698,450
2,004,000
103%
103%
Fri. April 1
2,664,220
3,186,000
$098,000
OiJi
121,000
298,000
101%
2,948,000
-
-280,000
103%
■->
Bonds
$470,000
2,539,860
Mon. March 28
100%
Government
Bondt
Bonds
Total
Band
Sales
United States
Bank
Foreign
Bonds
Shares
5
til
Int'l
Railroad
Stocks
2
103
98
5
96
10
100
~7
2
101%
105%
99 %
100%
2
193.2
+0.9
Number of and Miscel.
103%
100%
14
+3.1
+1.3
+ 2.3
T,
s
-
>rftP
136
102
:!
361.9
Daily, Weekly and Yearly
176
135
•1 ++222.7
325.6
93%
91
39
.nfii.n 193.9
in
Transactions at the New York Stock Exchange
168%
151
299.2
149.1
269.9
U*
■1
344.7
+2.5
+ 2.3
314.6
*
317.4
^
165
348.7
308.6
151.1
276.0
Utility
10J-/2
101.
102
+2.4
+2.6
332.6
314.7
V
n*. <■<
High
286.2
275.9
322.6
358.5
Goods
Transportation
98
103
-
lowS^ortJie
1954-195^4
Change
282.6
341.4
Composite
102
Hit/
-
liftiil*
.
Percent
Mar. 18, '55
'55
0.'»
of the |jbmmon
major industry
and with highs and
compared with the preceding week
follows (1939=100):
98
100%
•'
aVAtsV
■SiH ."'dW:
SEG Index of Stock Prices
97%
93 %
~2
110
3,484,000
nSJd^Se.OOO
ni't,.
Jan. 1 to
Week Ended April 1
14,082,438
shares
204,989,947
10,785,430
l
ll,4,895.r004
;.iirf-dn.
<rj7
Bonds
U.
_L
16
92%
104%
73%
243,756,700
205,^05,600
$15,689,300
$265,948,900
$24,7fS78,200
105%
58
22,019,200
2,334,300
13,335,0-0
96%
10
41,591,100
$1,376,000
13,560,000
Industrial
Total
159
159
96%
104% 104%
78
78%
/,376,900
'
$14,936,000
Railroad and
$174
$163
66
165,000
$20,000
—
172%
164
o
$8,000
S. Government
i.
*r.>t<9S4
A
of
Stocks—No.
'
ii
A'prtbli
1955
195i
1955
97%
93%
108
iS):125;000
.
$1,376,000
$13,560,000
14,082,438
Total.
104
100%
$105
$25
80%
107%
Transactions at the American Stock
108%
100%
103%
$102
Feb-Aug
1959
"i"
r
W',
'
1955
72.46 Mar
Low
current year are as
$107% 109
June-Dec
1960
5s
*
May-Hoy
1941
debentures
for
Range
prices based on the closing prices
stocks for the week ended March 25, 1955, for composite and by
130
United Industrial Corp—
6Vis
_
Inc.
The SEC index of stock
$105
$25
June-Dec
1956
17;
3.'
,*■
: :
High
International Bank
coupon
coupon
99.97
'!.!• i
'Q
Co—
1940
1
1947
1
1953
£9.92
90
129%
101% 101%
105% 105%
99% 99%
$100% 103
97
97%
—
May-No®
Spalding
Terni
„
1971—Jan-July
3s
3%s
98.91
■K>
135
101%
101%
102%
96
96
100
100
$103% 105%
Feb-Aug
1976
3VeS series D
100 77
70.60
31._
1
Apr.
46%
46
134
$95
92
101%
101'A
101
May-No®
Sapphire Petroleums Ltd 5s conv deb 1962.Jan-July
Southern California Edison 3s 1965.
Mar-Sept
3 %s series A 1973
Jan-July
Mar.
130
130
—
$100
$25
168% 168%
$151'A 155
92% 93
176
176
$136%
AprZZ-Oct
Jan-July
April-Oct
May-No®
Reading Tube Corp 6s 1971
ARuhr Gas
Corp. 6%s A 1953
ARuhr
47
$101% 104
—
Feb-Aug
Gas
&
101.35
99
81%
39
89
—
__
June-Dec
Jan-July
1960
coupon
1954
6s
Electric
Service
1960
1940 coupon
1947
1
APrussian Electric
t
Thurs.
Hydro-Electric Co—
A6%s
A
103%
95
$145
$90
95
103% 103%
98
98
103
103
,
,
ApfiZ-Oct
1971—
3s
mortgage
Pennsylvania
93.64
'
__
Jan-July
Jan-July
April-Oct
1953—
99.92
153.15
71.05
<•
6'As due 1953 extended to 1963
Ohio Power 1st mortgage 3%s 1968
152.84
98.91
70.97
93%
...
»
98.82.7
100.76
High
64
102
95% 96%
$93% 95
101% 101%
Nippon Electric Power Co Ltd—
Alst
98.79
100.80
101.37
71.05
28
Mar.
9
$105
$25
__
ApriZ-Oct
May-No®
Valley RR 4% 1963
Power 3%s 1961
England
100.84
101.45
98.64
Closing
3
$133
__
liq tr ctfs__
101.59
96.81
-
■1 II
$45%
__
Mar-No®
100.02
98.84
154.39
81
groups
1952
coupon
*
154.0g
S1J+
74%
$178
June-Dec
99.99
.
Compiled by National Quotation Bureau,
82%
Fri.
88
$133%
__
May-No®
Electric
Altalian Power Realization Trust
A
18
$96
__
Jan-July
98.71''
100.62
101.59
$25
__
Jan-July
1970
-
.
•
(35 Stocks)
100
"90%
$105
__
June-Dec
AGesfuerel 6s debs 1953
Guantanamo
03.94
.
150
96%
17
+'
78
70
96%
104
75
70
96
$102
—
May-No®
May-No®
Mar-Sept
1953
1940 coupon
1947
1
40
Bonds
ities
104%
Marrelli Elec Mtg Co—
A6%s with Nov 1
New
75%
70
96
Sfay-Nov
May
1965
98.82
Total
TTtil-
Rails
„•
Over-the-Counler Industrial Stock Averages
High
101%
18
102% 103'A
$145
155
98% 98%
91% 917/8
—
Lot®
Mon.
1993
series B 1993
4s
Fuel
&
Rails.
154.43
\ 64.21
150.26
Date—
4s series A
mortgage
Gas
trials
Grade
1
Jan.
.
of N J Division—
mortgage
A 1st
Eastern
Stocks
63.57
.
Grade
f
*
March
_—
First
Indus¬
>
10
Second
1U
65
■
ities *
414.77
.
Delaware Lack Si Western RR—
Lackawanna
trials
roads
10
...
Totar
Util¬
Rail¬
•
,
March
and bonds
Range sine*
Sold
Low
series A
Edison":2%s
Chicago Transit
SalePilce
v
.
Appalachian Elec Power 3%s 1970
Bethlehem Steel 6s Aug: 1 1098
Boston
Last
Period
.
.
5%
Week's Rang*
Friday
Interest
BONDS
Stock
—
15
March
2%
5%
Bonds
10
"•
'
20
30
Indus¬
March
American
Stocks
.
Mar
200
iy2
37
M'A
!4%
:;v
•
the daily closing averages of representative stocks
are
19'A Mar
Jan
400
Ltd
Hargreaves
traded flat.:..
*
receivership.
*
above—"cod," certificates of deposit; "cons,"
j.
-
Feb
24
Jan
15%
11,600
3%
—£1
,
the New York Stock Exchange as compiled by Dow, Jones & Co.:
on
-
19%
100
—5s
preference
Wright
in
Feb
107 %
12% Jan
106
Jan
.
receipts
deposit
Jan
50
75
66
73%
8
common
is
750
18%
18'A
2
'
Stock and Bond Averages
Feb
ft Mar
10
being
Jan
18%
2"% Mar
22%
72
Deferred delivery transaction
a
10% Mar
Jan
4,500
107
232
5%
Apr
13%
Feb
14%
14%
5%
5
Mar
2%
6%
23,300
22%
1
value,
57/s Jan
3Va
107
_100
pfd
».
16%
1
Inc
(P W)
American
450
Machine
Petroleum
Woolworth
8%
—1
Lt 4%%
&
Industries
Wodley
8%
1
common
Newspaper
Wbodall
1,000
Co.
preferred
Wisconsin
31
Jan
12% Mar
5%
12%
5
__25
Brothers
Wilson
Jan
1%
4% Jan
12%
Apr
24%
100
5%
35
5
"
52%
consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v" non-voting stock; "v t c," voting-trust certificates;
"w i," when issued; "w w," with warrants; "x w,"„ without warrants.
Feb
200
12 %
48
26
36
$35 Va
41
Mi
—
50%
50%
102
99%
—
14% Mar
2%
2%
par
§ Reported
Jan
29%
28%
*
Abbreviations used
Feb
35
900
Inc
Petroleums Ltd
Wilrich
20%
Jan
10
.5
&
Jan
500
.1
Corp.
18%
Jan
18%
200
IT.'
•
——
£9%
$41
Jan-July
High
—
—-
$67
June-Dec
Bonds
A
Mar
14
8,650
13%
~2%
.1
Corp
Products
Willson
18%
20
13%
13 %
.25
Co.
&
46
Jan
30
__1
preferred
convertible
Jan
% Mar
ft Jan
■
$65
50%
1
(not Included In year's range), d Ex-interest.
eOdd-ldt transaction (not included in year's range)., f Ex-distribution,
g Ex-stock dividend,
h Exprincipal.
n Under-the-rule
transaction (not included in year's range),
r Transaction for cash
(not included in year's range),
x Ex-dividend,
y Ex-rlghts. z Ex-liquidating dividend.
$Friday's bid and asked prices; no sales being transacted during current week.
Mar
224
Jan.
Low
No.
1 If
$991%
2012__Jan-July
2s
1919
Range since
.
Sold
High
$65
-Jan-July
1921
•No
Mar
6ft
Jan
37%
Mar
105
Feb
41,500
A5%s
6%s
Government
ARussian
4% Mar
Jan
Feb
186
Feb
Feb
158
3%
__1
Inc
Stores
Auto
.5%%
Whitman
Jan
50
19%
.10
Mfg
Shoe
Weyenberg
139
Sinking fund 3s Jan 1 1997
Rio de Janeiro stmpd
(Plan A)
3% Mar
Jan
102%
46
15%
18 %
.20
Westmoreland
1
r
20
%
iff
46
com
Jan
110
202
200
202
11%
37
Mar
17%
10,500
5%
515®
'
1,300
4
104% 105
5 i°a
7
60
3%
pfd_ _100
4.40%
Ltd
Maryland Ry 7% 1st
Western Stockholders Invest Ltd
Tablet
148'%
2%
.1.25
Manufacturing
dep rets
2%
1% Jan
200
1,100
86,600
32
2%
pfd_ IlOO
Amer
7%
35%
7%
Western
Western
2
34%
10c
Utilities
Jan
20'A
_
Leaseholds
4%
20 %
preference
Texas
Western
Jan
1947
Chile 6s 1931
Mortgage Bank of Denmark 5s 1972
Parana stamped
(Plan A) 2 Vis 2008
Peru (Republic of) —
Bonds
Friday's
or
Bid &, Asked
May-Nov
April-Oct
June-Dec
June-Dec
Mar-Sept
AMortgage Bank of
Mar
30
common
Inc
3%
109
1927)
A7S Issue of Oct
Feb
5%
Jan
Jan
3,600
_
Week's Range
Last
Sale Price
Period
Mortgage Bank of Bogota—
A7s (issue of May 1927)
1947
Feb
8%
Jan
5
105%
a
3%
_40c
Knapp
Wentworth
1,300
warrants
Co
5%
900
5'A
3%
Wasatch Corp
Webb
6%
5%
Interest
Exchange
High
3%
Inc
Co
5Ve
L-m
Stock
Low
—1
—
preferred
Tiernan
&
5Va
~100
"
Inf
cumulative
$2
574
•
Co—
Wagner Baking voting
7% preferred
I
BONDS
Shares
w
Waco
APRIL
for Week
Low
Par
ENDED
Friday
Range
of Prices
Last
STOCKS
American Stoek Exchange
WEEK
FOR
Sales
Week's
Friday
102%
Exchange
);(»
Daily, Weekly and Yearly
Foreign Governments and Municipalities
Friday
Interest
BONDS
American
Stock
Period
Exchange
Last
Sale Price
Friday's
Bid A Asked
High
Low
Agricultural Mortgage Bank (Col)—
A 20-year
7s April 1946
A 20-year 7s Jan 1947
A Baden
(Germany) 7s 1951
ACauca
Valley
7s
1948
Stocks
(Number
:
Week'i Bang#
or
Bonds
Sold
.
Jan.
No.
Low
High
Tues. March 29
■
$65
—
—
113
157%
;
t
series
A
A 6s
series
B
1951
ADanzig
Port
A German
AS
f
Cons
secured
AHanover
A Hanover
ALima
Si
Waterways
Munic
6s
7s
6%s
1952
1947
City (Peru 6%s stamped 1958
stamped (Plan A) 2%s 2008
7s
stamped
—
$77
92
__
Jan-July
$20
22
Feb-Aug
107
107
June-Dec
1947
(City) Ger 7s 1939
(Prov) 6%s 1949
Maranhao
AMedellin
84
1951
90
90
May-No®
Feb-Aug
Mar-Sept
May-No®
June-Dec
$168
—
64
64
$41%
—-
$85
—
137
136
1
4
__
9
Bonds
'
v'
Total
■y>
Bonds
$26,000
$362,000
19,900
22,000
72,000
33,000
42,030
40.0C0
115,000
26,000
25.000
2,020
53,000
69,000
14,000
3,000
86,000
$366,000
$93,000
$688,000
160%
—
—
76
Fri.
April 1
—
jl
Total
789,750
_
_
.
7ey4
76
78%
18%
$77
Feb-Aug
April-Oct
1952
^Foreign;
Corporate;*■
$266,000
$229,000
4.397,655
Central Bk of German State & Prov Banks—
A 6s
Bonds
31,000
841,440
1,040,550
March 30
mmtm
113
.
Foreign
Government
$70,000
I
miar
$160%
—
Bonds
Shares>
Mon. March 2P
$105
$105
Domestic
of
Range sine*
Wed
April-Oct
Jan-July
fan-July
June-Dec
rii f
22%
115%
97
83
,
Week Ended
1955
Stocks—No. of shares
170%
Domestic
131
138%
Foreign government
1
64
64
—
—
Jan. 1
1955
Foreign corporate
to April 1
1954
4,397,655
2,701,664
73,906,064
30,625,353
$229,000
$219,000
$4,642,000
366,000
152,000
3,758,000
$2,785,000
4,091,000
93,000
162,000
1+09,000
1,571,000
$688,000
$533,000
$9,409,000
$8,447,000
Bonds
101
160%
—
April 1
1954
'
Total
38
(1586)
The Commercial and
Financial Chronicle...
Monday, April 4, 1951
:V
OUT-OF-TOWN MARKETS
RANGE FOR
Boston Stock
Friday
STOCKS
Boston
Albany RR
Boston Edison—...
Boston $ Maine RR
5%
Property
2,512
172%
Jan
47%
Jan
55%
5
.
Mas
'
■
6'/o
St
National Stores Inc
General
Electric
(new).,
14%
Island
(The)
Creek
0
Kennecott Copper Corp
Boston Theatres
Star
Maine
Cement
Central
5%
Co
Racing Association
England Electric System
New
H
&
Hartford
Norbute Corporation
Northern RR (N H)
1
RR
100
—
—
Shoe
-60
26%
57% Mar
71
60
205
52% Mar
58%
2,898
Jan
55%
Machinery Corp
67% Mar
73%
50
20% Mar
46%
225 *i;
15%
58%
98%
Inc
«
Westinghouse Electric Corp
56%
60
29
237
Jan
14%
200
17%
118
1,134
220
Jan
Cincinnati Transit 4%s 1998.
66
13
Jan
16%
Jan
18
130% Mar
145
Detroit Stock
Feb
8
30%
Feb
7,075
1%
Jan
3
Feb
106%
Feb
49% Mar
57%
Jan
3
136
102
220
36% Mar
Mar
21%
Jan
14
Jan
8%
23%
50
7%
Jan
479
21%
Jan
29'/a
120
26%
Jan
23%
622
22%
Feb
14
212
13% Mar
14%
Jan
51
57
Jan
56
Jan
54 %
2,094
53%
1,017
29% Mar
19
Mar
9
Feb
.7
23% Mar
Feb
47% Feb
14
125
12% Jan
78%
75
14% Mar
78%
1,077
66%
72%
105
73% Mar
43% Jan
82%
—
200
39% Mar
44% Mar
23
52% Mar
59
Feb
Jan
72% Mar
Aluminum &
Paper
Week'a
^.,.^7^i
i
Par
American Laundry
Low
20
Baldwin
29%
Electric
&
8.50
100
Cincinnati
Milling
Cincinnati
Machine
Cincinnati
U
S
12'/a
Stock
87
Formica
10
Co
•
Manufacturing
Kahn
10
preferred
&
G
•
♦
8 r!o
preferred—.
class B
Randall
_100
35%
Feb
103%
Jan
Jan
74%
Feb
89
Feb
4%
361
4%
Jan
16%
84
14%
Jan
8%
200
33 %
35 Vb
339
52
52
150
45%
45%
46
131
35%
35%
35%
4%
17
8% Mar
27 Vb
Feb
„Feb
8% Jan
Jan
35% Mar
49%
common
•
50
Jan
Mar
43%
Jan
47% Mar
32
Jan
35%
Feb
49%
17
49% Mar
57
Feb
43%
44%
161
43
Mar
50%
Jan
32%
33%
55
29
Jan
96%
91
Feb
33% Apr
102% Mar
24%
Jan
26% Mar
96%
18
52
16%
Jan
37%
38
18% Mar
120
34%
Jan
38
Mar
52%
52%
26%
18
37%
98%
26%
52%
51% Jan
53
Jan
305
50
•
10
American Airlines
American Cyanamid
American
Radiator
1
26%
27%
104
487/B
20%
Jan
48%
27% Mar
49%
295
48%
56
23%
Apr
Jan
24%
55
22
Jan
26
Feb
5
American Telephone &
American Tobacco Co
Anaconda
26%
10
,
Telegraph
50
Ashland Oil
j
Manufacturing
Baldwlh-Llma-Hafflilton
13
* Steel
67/» ; 8
'>11 Vi: 24.%
802
6
,
25 "■
Jam:
lU4 % Jan
10
3%
100
3%
Electric
General
Motors
(new)
Tel
&
Cash
29%
& Co
Inc
(new)
(Fred
8
70
29
Mar
32%
42% Jan
3
Feb
%
Socony Vacuum
Standard Brands
Standard Oil
(Indiana)
Standard Oil (New
Studebaker-Packard Corp
~~
Oil
_
For footnotes
see
page
47.
200
2%
29%
Feb
20J
1%
5
Jan
202
1%
Jan
Jan
Jan
31% Feb
1% Mar
30%
1,214
8%
2,875
7%
Feb
9 (A
Jan
3%
3 %
200
3%
Jan
3(4
Feb
3%
3%
3,450
3
Jan
3%
Apr
Jan
30%
3%
28
28
5%
311
6 %
3'/a
100
45%
49%
4,596
7%
10
27%
1.045
3'/a
29 % Mar
300
6
7%
5'A
7%
10
10
32
Jan
Feb
5
Feb
5% Jan
5%
Jan
67/a
3 % Mar
34%
1,030
7'A
400
Feb
3 (/a Mar
49% Mar
Feb
9% Mar
Feb
8 '/a Mar
11
Jan
8%
1,000
8%
Jan
9%
Jan
2%
~2%
8%
2%
300
2%
Jan
2%
Jan
10%
Jan
11%
12
410
"3%
3 %
3%
COO
17%
17%
17%
410
h
3% Mar
15%
Jan
Feb
13
4% Mar
19%
Feb
5%
5'A
12%
12%
282
12%
Jan
15%
15%
15%
490
13'A
Jan
15% Mar
6%
6%
220
6
Jan
6% Mar
600
39
Jan
•40
Mar
320
15%
Jan
16
Mar
510
1%
Jan
16
218
5
Mar
7
Jan
45%
46
46%
46'A
168% 170
3 % Mar
58
58
17%
Friday
Aeco
Feb
Alaska
Juneau
Gold
Corp
Artists
lOo^'
Mining
10
(Un)
1
Pictures
Jan
46% Mar
43
Jan
49
Amer
53%
Jan
Feb
Broadcasting
Feb
American
Can Co
59% Mar
American
175%
Para
Thea
Jan
(Un)
16% Mar
150
24% Mar
17% Mar
28
American
20%
Feb
76% Mar
83 %
Jan
American
37%
46%
Feb
American
97
44%
171
Feb
38%
186
38
20%
24
125
20% Mar
23%
Jan
31%
39
Jan
39% Mar
37%
38%
165
45%
45%
50
43%
Jan
18%
18%
47%
Feb
115
17 Vb
Jan
26%
Feb
27%
20%
161
22%
Jan
29% Mar
Jan
19%
19%
131
81 %
20
67%
Jan
42
42
81% Mar
1
37%
Jan
45%
Jan
89%
Feb
Mar
43%
Jan
83%
30
41%
146
23%
23%
50
80%
81
50
75%
70
50% Mar
75%
40
Jan
52%
53 %
20%
20%
38%
38%
4
37% Mar
45%
45%
33
44% Mar
112'A 114 %
45%
45%
20%
Feb
50
18%
Jan
191
106%
Jan
155
42%
Jan
10
12%
12%
20
j
12 % Mar
23%
23%
50
23%
Jan
27%
Jan
85% Mar
56
Mar
20"% Mar
40%
Feb
48% Jan
119 7/a Feb
47% Mar
15%
26%
Tel
&
Tel
Tobacco
Viscose
81
7%
Jan
4% Mar
303
70%
1,215
200
20%
22%
a39%
a40
100
40
10
<;
48%
Jan
Jan
Jan
High
1.40 Jan
5%
Jan
9(4 Jan
5% Jan
79% Mar
27% Mar
27% Mar
Mar
44%
Jan
48%
49%
469
•
48%
15%
15%
482
13%
Apr
Feb
55%
v
V
11%
11(4
400
11
Feb
•
12%
Jan
v
70%
Feb
70%
Feb
a79% a79%
10
Jan
15% Mar
Co
•
1 24 %
23(4
24%
640
•
22 V* Mar
47%
25% Mar
47%
47%
405
45%
47%
180(4 180%
1,671
173
Jan
587
63
Feb
41%
Jan
46 % Mar
48
Jan
61%
(Un)
Co
Avco
(111)
Manufacturing Corp (Un)
Baldwin-Lima- Hamilton (Um
Baltimore & Ohio RR (Un)
Petroleum
Beckman
Instruments
Aviation
Bishop
new
Oil
50
61%
10
a50(A
10
Black
61%
10
a37(A
5
Mining (Un)
Steel Corp
(Un)
Co
50% Mar
Apr
55% Mar
68%
Jan
78
14%
Jan
16%
12%
50
12%
Feb
14% Mar
al38%al40%
a36% a37%
71
133
Mar
133
Mar
120
37
Mar
40
Jan
12%
a
a46(4 a46 %
50
Mar
Feb
50
41%
Feb
3
45% Mar
7%
7
7%
7,187
6%
Jan
7% Mar
13
20%
8,942
17%
23%
12
Jan
100
24% Mar
a42
a43
160
38%
Jan
44% Mar
3%
3(4
2,818
2.75
Feb
3%
Jan
11%
11%
200
10
10%
Feb
13% Mar
16%
16%
345
15%
Jan
1
16"% Mar
15c
a56%
50c
*
•
3
15c
,
a
56%
1(4
a
2,200
22%
22%
__5
176
57%
50
1 %
240
1%
289
103%
130(4 132 %
.
11%
15c
22
Mar
Jan
56% Mar
Jan
Minlng.
-10o
-
32c
Jan
11%
11%
1,170
11% Mar
1.40
Mammoth
Feb
170
a
50
68%
250
14%
1
97
3,080
Apr
184% Mffr
15
a50(4 a50(4
a74% a76(4
5
Jan
Jan
57%
1
(Un)
Consol
Bethlehem
66%
a45% a46%
1
Barker Bros
Corp common
Barnhart-Morrow Cons
Bendix
66%
25
Feb
1
Co
Bankline Oil Co.
Benguet
100
25
Corp
(Un)
Ashland Oil Refining (Un)__
Atchison Topeka & Santa Fe
(Un)
Atlantic Refining (Un)
Atlas
Corp
(Un)—
Bandini
23% Mar
1,255
27(4
Anaconda Copper
Mining Co (Un)
Anderson-Prichard Oil (Un)
Armco Steel
(Un)
Feb
83%
362
4%
Jan
(Un)
Smelting 8c Ref
American
Armour
17% Mar
8%
4%
Mar
3%
(Un)
Mar
38%
Jan
8%
85c
78 %
American Potash 8c Chemical
American Radiator 8c 83
79%
100
5
13% Jan
44
4%
26(4
Corp
25
77%
20,500
4%
78%
Motors
50
Range since Jan. 1
LOW
1.00
26(4
American
18%
92%c
Shares
High
85c
|.
i
for Week
26%
American
28
of Prices
•
Feb
26%
Feb
Bales
1
Jan
14%
1%
,
(Unj.l
12%
55%
14%
Range
1 >'■'
42%
157V2 Jan
1%
Low
Par[
Corp
73
20
16
Week's
Last
■
.
81
24
40
-
1%
Angeles Stock Exchange
106%
"_10
3%
40
Jan
"15
7
Jan
7%
1
--=
46%
I~25
1,250
Feb
30%
1^.1— 1
•
90'A Mar
«
I
Jersey)
Standard Oil (Ohio )
4%
Jan
3%
29%
1
631
g
3% Mar
1
305
^5
Co
9
-10 f
•
50%
«
30%
.-10
Allls-Chalmers Mfg (Un)
American Airlines Inc (Un)
40 %
'
7%
Feb
Jan
f
Sale Price
Allied
1.40
Roebuck
Jan
Dlstribtftor^sf^&i^u^v:jclA:
..
Alleghany
83%
4
STOCKS
Feb
15% Mar
no
class »
Feb
Jan
81%
Schenley Industries
Feb
8%
Co class-:''K-'e.'r::*
% Mar
Feb
42
15%
1..
..
.
95%
•
Apr
Mar
7
5
49%
j*
13%
2
51% Mar
|
Oil
Corporation
Republic Steel
Reynolds (R j) Tobacco
305
1:
Paper
Jan
31%
Radio
14
7
1
Los
23%
26%
13%
13%
5\:
92%
50
17% Mar
.
Sor«W~•
Jan
33~yaC
Jan
7%
2
2% Mar
Mar
12
Airway
13%
16%
•£
Common
Wayne
16
37%
12 % Mar
1,820
6%
95
*
506
17%
30c-
class B
Studebaker-Packard
Udyilte Corp
22
HI5
12%
17
1.
W)
Manufacturing"
23
44%
Feb
Jan
12%
5
Co
Rudy
22%
5
9%
7% Mar
106
150
1
Z-jLB)
Raisin
&
91'A Mar
4%
*
Electric
River
Shirt
Jan
1,300
2.044
Feb
4% Feb
4%
common..
Brewing
Prophet
Walker
Jan
6%
94%
15 %
,'
864
1
49%
5
Pennsylvania RR
Pepsi-Cola
Sunray
Pfeiffer
United
6
3%
748
5%
Jan
-
1,465
Welding
Union
(H
% Jan
2,585
Davis & C0
Peninsular Metal Products
Rickel
8
3
Mar
8
Parke
22%
•
7%
13
3,860
9
3%
.
Metal
132(4 Mar
Ohio Edison
Southern
National
Jan
28
8
4%
518
93%
10
Cyanamid.Co (Un)
& Foreign
Power (Un)
•
37/»
••
3
_
Products
National Electric
29%
»
Central
American
Clemens
30
18%
Tel
Inc
V;
15
2 ;
Wheel
159
3
4% Mar
14%
8
—;
5
,
National Dairy Products
National Distillers
Sears
Motor
29%
58
37% Mar
Feb
1%
5
Corp
Montgomery Ward
Pure
Screw
16%
8
Department Stores
General
Pan
Masco
29'A
170
Jan
3%
3%
Wines
29%
5
33%
100
5%
1
Kresge Co (8 8)
Kysor Heater common
16%
7
Jan
5,130
3%
30 %
27% Mar
-
66% Jan
45% Mar
5
_
186% Mar
,<459-v >13%«-Jan*
,
150
1
6%
35'A
3%
Apr
266
8
575
35%
Drug
LaSalle
Feb
Feb
Feb
14%
50%
Chemical
York
79%
12% Mar
74%
48%
•
Pont
New
66% Jan
48%
Dayton Pr & Lt Co
National
20%
1
International
164
207
127/s
72%
Curtiss-Wrlght
Loew's
74%.' 77%
49%
Gas
Greyhound
Klnsel
9
-
14%
«
3
Apr
29%
48%
28
...
Federated
Jan
62%
10
Ohio
Columbus & 8 Ohio Elec
Dow
69%
Jan
25
Si
Chrysler Corp
Du
Feb
47%
.
.25
Cities Service
Columbia
Jan
62%
562
62 VB
131% 132%
Canadian Pacific
Clopay
172%
385
57%
12%
3
.
219
14%
2%
.,
12%
61%
10
Avco
Chesapeake
179% 181%
66%
67%
25
Mining
Armco Steel
Bethlehem
24%
100
Jan
Motors
Scotten Dillon
Standard Tube
Unlisted Stock*—
12%
King-Seeley
Mt
52
44%
■«
Preference
30
46
33%
•
Printing
99%
61%
82% Mar
8%
5
Rapid
U S
452
4%
50
Kroger
Lunkenheimer
P
70
88
855
?■
2%
Howell Electric Motors
Kaiser
13%
3
common
•
Art
Hobart
Feb
Apr
27% Mar
8%!
__
Gibson
53
34%
16%
„
♦
Picher
Houdaille-Hershay
Jan
12%
50% Mar
10
Bearing
Hosklns Manufacturing
Jan
86%
&
29% Mar
23%
Jan
1
Jun
27%
74% Mar
24
47'A
•
Mfg
Ball
Jan
20% Mar
512
1
common
Jan
11
34 %
Hoover
67
445
48'A
35%
••
8
Oil & Chemical
24%
180
——
Yards
Dow common
Eagle
High
Feb
21%
1
37
458
27 Vb
69%
50
Transit
286
1,031
27%
32%
27%
W-
10
Telephone
Cincinnati
51
100% 101 %
68%
71
34%
com
Preferred
Low
29 Vb
46
Feb
2(4
20% Mar
47%
'4
.1
22 'A
Jan
Jan
2
Paige
Hastings
2,232
Feb
1%
16
"3%
<
.1
Brewing
Lakes
74%
21
650
1,155
Feb
Mar
13%
1
Manufacturing
Great
1
100
1%
10
21%
l-<
Motors
Graham
Range since Jan.
High
26%
,__8
Cincinnati Gas
■
Shares
21%
20%
3(4
25% Mar
Jan
48'A
20
'
General
for Week
of Prices
2% Mar
7%
1
High
21% Mar
1,925
72%
*
Gemmer
Sales
Range
Sale Price
1,605
2,700
1%
<
1
StdeECtoro.n.",
Goebel
3
25%
/- 87/a
-gdfBOir
Low
20
10
Mm
Frankenmuth Brewing
Wood Industries
Exchange
1%
20%
Range stace Jan.
10
9%
21%
<
,
25
•""^Detroit Gray
Shares
•
1
•
Power
Continental Motors
Detroit
2%
23%
—5
Mfg'
Consumers
Detroit
2%
•9%.
Sales
for Week
High
25%
1
Brass
Company'
Chrysler Corp
Consolidated
Low
2
American Metal Products
Big Bear Markets
Budd
-
of Prices
1
Brown-McLaren
25% Mar
Week's
Range
Last
Sale Price
>
Electric
Bohn
30% Mar
44%
;
Allen
Exchange
f Friday
STOCKS
Par
535
Last
■
Jan
Mar
33%
230
Friday
i..
60
15% Mar
55%
STOCKS
v:/r.;
53% Mar
Feb
19
Cincinnati Stock
1
$11,762
Mar
"Gar
: i
Jan
30% Mar
130
13%
8
80% Jan
82
Jan
28
51%
'
Jan
Feb
42%
-
68%
75% Mar
17% Mar
26% Feb
133
136%
22%
113%
Jan
•
L~12~50
Co
Jan
15%
21
54%
—
50
54%
55
180
Feb
53
51%
.—25
Rfg & Mining
53%
V
.
-
Feb
157
23%
I—115
76%
BONDS
Jan
51%
70%
28%
''
80%
Jan
Mar
55%
13%
ZZ'
79%
76%
Feb
87% Jan
Feb
44% Mar
18
23
"•
Petroleum
25
*
-/
80%
76%
-12%
15%
44 %
Jan
103
8%
*
Jan
40% Mar
Feb
2
26%
•
2.50
Co
Jan
22%
25
S Rubber Co
S Smelting
Wood ley
1%
58
2%
5
81%
15% Mar
45
33%
54
Waldorf System
1,601
105% 105%
54
52%
United Fruit Co
U
1%
16%
Zim'-
Jan
18
85
47% Mar
134
100
—
Rexall Drug Inc
Shawmut Association
Stone & Webster Inc
U
53
41% Mar
—50c
Pennsylvania RR
Quincy Mining Co
United
Jan
48% Mar
127
14%
17%
134%
Olin Mathieson Chemical
Torrington Co
Union Twist Drill
10%
230
58%
20
...
13%
86%
44
1
High
Feb
5,299
123% 125%
England Tel & Tel
74
86 %
—
Mar
50 %
'29
100
New
N
37%
15%
15%
—100
Range since Jan.
Low
15
39% Mar
47%
21%
21%
110% 111
..
—
10
cumulative preferred
Y
18
Jan
49%
—
—125
Narragansett
N
Jan
Jan
34
69%
' 51%
•
.....
Corp.
RR
15
29%
41
350
54%
rl
Shares
High
14 %
—10
Westlnghouke
Feb
44%
-V-
__
for Week
43'/a
.?•
Rubber :Co_4—
S Steel.
Mar
58%
57%
'
mm mm
1
Co
Loew's
Lone
149
1%
•
Co
Coal
Feb
52% Jan
'
—
S
U
Jan
49
.....
First
Gillette
36
13%
43%
10
....
Ry Co__
...100
cum 1st preferred class
A_ —100
cumulative preferred class B.100
6%
•131
16%
37%
Feb
138%
526
35%
.
Copper Range Co (new)
Eastern
57
16%
.
Low
14%
_—
Sales
Range
of Prices
59% Mar
966
37%
—w-
U
186% Mar
1,311
146% 148
•
-
Edison
Union Carbide
10%
'
0
_
1
High
176
100
Personal
Calumet & Hecla Inc
Cities Service Co
Jan.
Low
11%
56%
100
...—.—
preferred
Boston
L~''
—25
—
j-.
— —
'
Range since
Toledo
179% 181 %
56%
59%
179%
50
100
Week's
Last
Par
Shares
High
11
100
&
Friday
for Week
Low
5
1
Sale Price
Range
of Prices
Par
APRIL
Bales
Last
-
ENDED
STOCKS
Week's
Sale Price
American Motors Corp
American Tel & Tel..
Anaconda Copper Mining
WEEK
Exchange
1.50
3,261
1.35 Mar
32c
35c
1,800
22c
Jan
43c
24%
57
1%
Jan
Jan
Mar
Jan
133% Mar
17
Jan
1.50 Mar
60c
Jan
-
V
Number 5417
Volume 181
(1587)
Chronicle
..The Commercial and Financial
.
39
OUT-OF-TOWN MARKETS
RANGE
Week's
Last
Range
of Prices
Shares
Diamond
Chica
Bond
Stores
Inc
(Un)
Borg-Warner Corp new com
Broadway-Hale Stores
Brock
&
13%
742
11%
Jan
77%
78%
568
69%
Jan
4
3,572
__
3%
16%
112
64%
143
64% Mar
64% Mar
__
16%
64%
43%
43%
185
36
Mar
43 % Mar
16
45
20
1 fr'/2
4
—
—10
16%
*
45
20
Co
5
Budget Finance Plan com
.
50c
riuiungton Industries Inc (Un)___
1
Byron Jackson Co
10
iUn>
Company
iJuaa
(Un)
lUn)
Corp
(J J)
Case
RR
Pacific
Canadian
Carrier
Oil
Atlantic
caterpillar liactor (Un)_
CWanese Corp
(Un)
Cenco
Corp
__.
—
(Un)____
Chicago Milw St Paul com (Un)
.
Preferred (Un)
Corp
Service
Foods
Clinton
Inc
&
Fuel
Colorado
Gas
Columbia
Commonwealth
Consolidated
(Un)
N Y (Un)
Edison
of
Edison
Records
Decca
Deere
ft
Dome
Mines
—
Dow
Chemical
Co
(Allen
du Pont
—
12%
Erie
Railroad
Oil
Exeter
Corp (Un)
Stores elasB A
Fedders-Quigan
Fitzsimmons
Florida
Tiger
Flying
Food
&
Power
Gair
General Dynamics Corp new
General Foods Corp
Public
Service
General
Tire
Gimbel
Products
Gladden
43%
2%
—
Prior
5
preferred
Greyhound
Gulf
Oil
3
Homestake
Foods
Central
Illinois
Interlake
Iron
Nickel
International
International
Apr
17%
Feb
Pabco
Pacific
200
21 y8 Mar
25%
Feb
61
39% Mar
47%
Jan
45%
Jan
.$8%
Mar
25% Mar
30%
Jan
6%
140
16%
Feb
18
Feb
20 J
%
Feb
%
Feb
5%
76%
Jan
675
11% Mar
14%
150
57%
70% Mar
35%
Jan
43% Mar
3,402
16
Jan
24
1,425
14% Mar
16%
32%
.
627
—
__
834
—
245
83
22
a63
a63
6%
49%
36%
1& Apr
14
Jan
9,465
2.90
Jan
7
.50
a39%
a41
14%
15
a37% a37%
a40% a40%
71
71
36
26
27%
7%
a59%
13c
__
—
7%
..
;
1
;
a88%
28%
8%
(Un),
(Un)
40
s26
28%
Lion
Oil
Lockheed
Leew's
Co
Martin
(Glenn
Mascot
Oil
L)
For
Petroleum
footnotes
see
47.
Jan
.47%
Feb
51%
Jan
Jan
37%
Feb
30% Mar
42%
Ryan Aeronautical
Jan
Mar
1,723
47
Jan
50
a__
2,082
1,055
f-
4%
Jan
Feb
55
102%
Jan
5% Mar
33% Mar
34%
Jan
43% Mar
51%
Feb
54
Jan
"
200
80
Feb
a„
a__
4
Mar
2,030
2.55
Jan
610
20%
Jan
22% Mar
50
39%
Jan
41% Mar
25c
Jan
35c
Jan
Jan
8
Mar
Jan
63
Jan
-
700
210
70
6%
130
770
63
Jan
60% Mar
Jan
3% Mar
51%
2
5,875
2%
Jan
75
35 %
Jan
1
__
5%
5"%
2.60
2.70
*"
2.65
—
1
--
Calif Edison Co Ltd com—25
4.32 % preferred
25
4.48%
preferred
25
Southern Calif Gas 6% pfd class A__2s
48
Aircraft
Solar
Co
Southern
—
a40%
—
Southern
Calif Petroleum
2
—
Southern
Company
(Un)
230
62% Mar
71
Mar
5
*
a20
33
6,104
33% Mar
44%
354
25% Mar
26'%
Jan
Sperry Corp (Un)
Standard Brands Inc
25%
31 Va
Jan
Standard Oil Co of
2.45
Jan
3,440
5,360
100
13%
Jan
1.15 Mar
Jan
4%
Jan
61%
Jan
7c
Feb
21% Mar
Feb
9
65%
Jan
14c
Mar
23
Mar
35%
Jan
39% Mar
150
60
Jan
222
a__
3,410
24
Pacific
Southwestern Public
Southern
1
27
1
Service
a63%
(Un)
*
Calif
*
Standard Oil (Indiana)
(Un)__——25
Standard Oil Co (N J) (Un)
15
Standard Oil (Ohio) (Un)
10
Stanley Warner Corp (Un)
5
Stone & Webster Inc (Un)_—
•
Studebaker Packard
10
Sunrav oil Corporation common
J
Swift'& Company (Un)
25
Sylvania Electric Prod
--
78 A
—
—
a45
—
—
—
23%
48%
—7.50
(Un)
a43%
64% Mar
1,349
2,360
—
28% Mar
9% Mar
9
40
19c
Jan
33% Mar
203
56%
102
Jan
Mar
146
1%
Jan
23% Mar
219
101%
Jan
1,360
47%
Jan
109
3%
Feb
29%
Jan
13%
Jan
80c
Mar
38%
Jan
78% Mar
102
(Un)
Sulphur (Un)
Texas
a__
Jan
8% Mar
Company
Texas
Gulf
Inc
Textron
Oil com (Un)
Airlines
Assoc
Tidewater
Trans
—
preferred
$1.25
World
Transamerlca
Corp
TrerSweet Products Co
Tri-Continental
Jan
Twentieth
24% Mar
107
Mar
U
S
Union
Mar
Union
4
205
125
34%
19
Carbide ft Carbon (Un)
of Calif common—:
Oil Co
United
Air
Mar
United
(Un)
Gas Corp
(Un)
States Radiator
65%
Jan
United
Jan
1.50
Jan
United
U
Feb
United States
21
Feb
21% Mar
25%
Jan
49
24%
Jan
1,035
32%
Jan
1,700
(Un)
Steel Corp
Universal Consolidated Oil
Universal Pictures Co (Un)
Jan
62%
17% Mar
450
10
1
8
•
10
1.65
41
5%
35% Mar
43%
Jan
2.30
Apr
41%
Jan
2.35 Mar
7
3.25
Feb
S
Vanadium
Jan
of America (Un)
Virginia-Carolina
Jan
Feb
Jan
Corp
Warner
1
Chemical
(Un)
Pictures (Un)
Water Power (Un)
Air Lines—
Bros
Western
95
—
15%
20%
—
--
40%
8'A
—
a27%
—
42% Mar
45'A Mar
20% Mar
23%
48% Mar
53%
1
41
Mar
837
lb%
1,202
3%
—
—
—
177/8 Mar
Feb
47/a
Feb
Jan
32
63
Jan
337/a Mar
Jan
32%
Feb
Feb
20c
Jan
14c
6,000
5% Mar
2,765
2.75
Jan
843
47 Va
Jan
62 y4
Feb
Jan
77
Feb
39%
Jan
365
67%
840
31% Mar
4,132
3% Jan
4% Mar
45
Mar
47
73
72%
Feb
74% Mar
25
52% Mar
131
75
25%
Feb
17
Apr
13
Feb
Jan
43% Feb
io% Jan
100
Feb
a—
23%
100
Mar
59%
a__
1,110
44%
Jan
48 y2 Mar
308
35%
Jan
36%
112
33'% Mar
33%
50
28% Mar
29
841
A
Ao
33
36%
894
670
17%
350
86
Jan
Mar
138
E^eb
20%
36% Mar
149
Jan
38% Feb
Mar
89
Mar *
22%
652
Jan
29% Mar
17%
2,946
Jan
20 y4 Mar
Feb
42%
38% Mar
.,260
,
127/a
Feb
Jan
129
47
Mar
41% Mar
Jan
10%
450
Feb
Feb
,
106
Jan
Feb
Feb
29
*/4 mar
92%
345
49 %
Jan
58% Mar
joJ/4
Feo
39 V8
692
39 % Mar
40%
Jan
185
70%
Jan
75
Mar
10
63%
Jan
72 Va Mar
Feb
83%
r. —575-
86
38%
Jan
44%,Mar
18%
Jan
25'A Mar
Jan
48%ljFeb
43%ItFeb
.32
560
38%
230
Jan
7%,,Feb
6% Mar
735
471
76
985
SOV^iFeb
39 % Mar ,/
Jan
7%
850
48
0Jan
9
Jan
Mar
40% Mar
43%
291
36%
Jan
45 Vb
Jan
Feb
2,750
87 %c
Jan
95c
Jan
67%
Jan
1,395
122
Mar
74
420
25% Mar
30%
Feb
175
26%
Jan
34%
Feb
40
28%
Jan
50'/a
Feb
300
383
50
,
40
26
48'A Jan
Mar
'
Mar
29 y2
Jan
37% Mar
40%
Jan
Jan
17%
Apr
19Va
100
23
Feb
23% Mar
625
4
Mar
5%
1,850
Feb
400
23% Mar
27%
708
30 Va Mar
327/8 Mar
210
74%
"
v
~
125
190
,
4,338
Jan
Mar
85
Jan
Jan
8% Mar
11% Mar
12 y8 Mar
7
38 5
Jan
30%
'
Mar
55% Mar
257
50%
Jan
55% Mar
65
,
49% Mar
403
....
21 %
Jan
26%
Feb
49%
Feo
Jan
1,671
45 y8
^348
25% Mar
27% Feb
258
38%
Jan
42%
633
34 y«
Feb
35% Mar
1,450
'4
Feb
14'% Jan
10% Mar
Mar
21
200
18'/a
Jan
580
5iy4
Jan
200
27
415
41%
Jan
65
Mar
140
387/a Mar
40
Feb
Mar
1,353
74
Jap
92
44
Mar
368
109% Mar
228
43 % Mar
50
,
60% Mar
28 Vb
Feb
.
81% Feb
Jan
49 y*
Feb
118
46% Mar
19%
Jan
Feb
2iy4
27
Jan
30% Mar
1,193
12%
Feb
15 »/4
2,115
26% Jan
49% Feb
247
Jan
21%
Jan
219
46%
Jan
122
42% Mar
46 y2
Jan
377
90%
Feb
95%
Feb
Feb
42
150
39%
Mar
860
12%
Jan
16% Mar
260
20%
Apr
21V4 Mar
Mar
540
24Va
Jan
29
379
2b Va
Jan
32
Jan
42%
Feb
8% Mar
9%
Jan
Jan
27%
Jan
Jan
1,287
504
8,s
38
Feb
201
25%
560
267/a Mar
31 y8
615
12% Jan
15% Mar
380
82'A Mar
2,074
53
Mar
80
146
Feb
170
10
a75 % a75•)«
321
33 A
a5%
44
a81%
68%
29'A
100
365
35 y2
Jan
75y2 Mar
33
Mar
85%
59
Feb
* Feb
150%
Feb
45% Mar
90
Jan
34% Mar
Feb
5%
Feb
40% Mar
49%
Feb
5'/2
241
67%
Jan
81% Mar
660
67 Va
Jan
73% Mar
200
30% Jan
37%
Jan
44
Feb
170
51
27% Mar
75
a43% a43%
19
19
a37 a37
a21% a22%
ifjan
10
154
95
42
15 A
20%
40%
Feb
7%;'aFeb
Feb
8% Mar
300
Feb
1,430
a45
28
31%
7%
50
4A
38
77
250
15 15%
-
Jan
Jan
42'A
30%
880
26%
27
a26 % a28 A
51
Jan
lise Mar.
Mar
264
a34% a56
53 /4 53 /4
a23 /s a24 /a
47% 48%
26
26
a39% a40%
34% 34%
11 ^ f
a20/2a20/8
^9
27
27
a63 a64 A
38 /4 38%
<8 A 79 8
a44 k a45 m
H4 114
a45 a45%
a?2/e a„2,/,8
28/a 28%
12%
13
23% 23%
48 48va
—
2.40
5,256
23 /2 23 /4
31
3|
a80 A a8l
7% 7%
12
12
33
a5%
43%
43
a80%
a79%
—
" 67%
—
28%
a435%
1
3y8 Mar
44% 44%
8%
Jan
Jan
61
27% 27%
a39- a39
17% 18%
23 ,4 23 A
92%
42
15
20%
27 %
31%
40
■
87
51% Jan
827
42 44 A
8%
?
40% 41%
38 /4 38V4
87%c 90c
70% 70%
26 /a
27
28 A 28%
a39 /a a4° A
a43%
Feb
76% Mar
a36%a3i%
6% 6%
84% 84%
36%
a—
—
Feb
-
45 % Mar
al5/8
f
a__
Feb
120
4%
45%
a71%
a53 /a
33
a5%
1
3
32
200
a7% a7%
9% 9%
a42% a44%
-3 /8 25 A
40% 41%
—
•
Washington
Jan
69
•
a85
a84% a86%
25
57%
57 57%
50 al58% al57% al58%
10
—
45% 45%
5
Corp
Rubber Co
47%
Jan
194
100
Aircraft
46% Mar
48%
575
243
(Un)
(Un)
Lines
Feb
62% Mar
1.25
L1
Industries Inc common—
57% Mar
23
*
50c
*
10
8
2
1
_1
.-1
Corp (Un)
Century-Fox Film
Mar
4%
Union Pacific RR
1,057
36%
1.85
41
Inc (Un)
—
Feb
3,000
35
Socony-Vacuum Oil Co
—
15
class A__
Oil Corp
36%
•
Signal Oil & Gas
7%
5
Inc
Feb
1.25
1.30
a43% a44%
1.85
1
20c
Inc
(Un)
Servomechanisms
—
16% Mar
955
40%
—
40
17%
63%
__
—
45%
34'%
41
—
Jan
16%
63%
a35
18
Jan
34%
a34%
--
1
*
Servel
Sinclair
—
~
Jan
120
'
5
*
•
10
20
1
1.40
Francisco Ry
St Regis Paper Co (Un)
San Diego Gas & Electric com
5%
preferred
Sapphire Petroleums
Schenley Industries (Un)
Seaboard Finance Co
Sears Roebuck & Company
San
Louis
37%
40
18%
a22
-
36%
129,500
51%
—
65
8c
14c
a22% a22%
36% 37%
64% 64%
a88% a88%
26% 28%
8%
8%
51
—
—
180
350
a59 % a59%
18%
35%
Mar
1,155
a21%
...
Jan
3%
42
23
18%
Co
38%
87%c
1
(Un)
Incorporated
Safeway Stores
St
35
150
1,569
42
9
79% Mar
a__
91% Mar
1,008
Feb
__
1
1
*
5
1
Corp
Spring & Axie
Aircraft Corp
36%
8%
a80% a81%
Oil
Richfield
Rockwell
Rohr
25% Mar
a217%
1
page
7%
44% Mar
1
!
Jan
43 % Mar
18
Co (Un)
Co
Mfg Co
Merchants
__
1
1
McKesson & Robbins (Un)
Menasco
—
1
(Un)
—
Gas
&
Reynolds (R J) Tob class
Rheem Manufacturing Co
Rice Ranch Oil Co
a__
22% Mar
10
Corp
(Un)
Co
B (Un) —10
Oil
Reserve
432
«
Aircraft
(P)
Magnavox
1.30
•
Inc
Lorillard
17%
10c
(Un)
Co
__
7
25
Petroleum
Lincoln
--
Feb
280
all2%all2%
3%
3%
a23% a23%
all2 all0%all2%
54%
53% 55%
4
4
_1
Co.
McNeill ft Libby (Un)
Liggett ft Myers Tobacco Co (Un)
Libby,
-•
—1
2%
4%
Rexall Drug Inc
__
33%c
Kropp Forge Co
Lane-Wellls
a80%
50
1
8%
•
2.50
Light
41%
1, a36%
50o
—
Aviation (Un)
Republic Pictures (Un)
Republic Steel (Un)
Jan
51
1,096
Copper
Republic
30% Mat
i9H
38%
Kern County Land Co
Raytheon Mfg Co (Un)
Remington Rand Inc (Un)
Feb
■
150
—
—
Feb
35%
390
—
16 %
Jan
___
__
24
1A Apr
24%
3978 397f
a75% a77%
a69 A a69/4
a80%a81%
—
•
5
50c
(Un)
57% Mar
a37/4 a38 ,4
--
'
—1
1
(Un)
(Un)_
13%
5%
266
37%
& Chem com
Corp
of America
Radio Corp
23%
Feb
a__
__
Kennecott
Mar
21%
io
•
25%
Jan
65
a89%a89%
27
28
19% 19%
a42% a45%
54% 58%
__
—•
(Un)
Oil Co
Pure
43% Mar
11% Mar
330
367/a
a27 a27%
42% 42%
72% 79%
49% 51%
a81
a81
93 €5%
5
5%
a34% a35%
41% 43%
55
55
a23% a24%
3%
3%
__
•
Corp
Mar
20%
10
&
—
368
: t'•
—
18%
a__
1,257
21%
—
—5 <*
Morris & Co (Unl
Petroleum Co (Un)
Pullman Incornorated (Un)
lAr
5
54%
Corporation
Pictures
450
a89%
27
__
33%c ' a45%
(Un)
(Un)
Co
Theatres Corp
20
*
50
33%c
(Un)
Phillips
173% Mar
'.
(Chas)
RKO
58,218
Power
Jan
a—
960
—
Phillip
37%
75c
Motors
Philco
17
Jan
Jan
40c
Kansas
Feb
Mar
43%
Jan
14%
__
Kaiser
Phelps Dodge Corp
RKO
8%
(Un)
preferred
Pfizer
Feb
38%
10c
5%
Feb
159%
Co
Kaiser Aluminum
5%
47%
17% Mar
*
Steel (Un)
Jan
91
Co
& Laughlin
(J C) Co (Un)
Pennsylvania Railroad
Pepsi-Cola Co (Un)
250
Oil
Jones
Feb
13
43%
23
25c
•
(Un)
Jan
89%
4%
170
__
-3
Feb
18
Jan
—
—1
Penney
34%
78% Mar
43% Mar
50
462
—
12.50
Feb
16% Mar
295
__
10%
& Tel
Tel
—
1
100
1
common
Pan
American World (Un)
Paramount Pictures (Un)
Mar
—
10
*
petroleums
Pacific
140
Oil
Tel
Feb
Pacific
Jade
&
Jan
5%
'
Intex
Tel
Jan
46'A
Jan
915
23% 23%
16 16,4
39% 39%
46'A 47%
35% 35%
33Va 33/a
a28% a28%
a28%a28/a
99
99
38 %
39
10% 10%
132 % 132%
18% 18%
37% 37,4
—
25
25
25
class A
Pacific Indemnity Co
Pacific Lighting common
76 %
65
•
33%o
Int'l
-
preferred
preferred
red 1st pfd
red 1st pfd
23%
16%
25
5%%
—
25
Clay
198
—
*
-8
10
Inc (Un)
Products.—
Pacific Finance Corp
Pacific Gas & Elec common
Products
440
VV
1.40
(Un)
Paper
25%
15% Mar
'
43%
;
21 Va Mar
—
a70%
1
(Un)__
46% Mar
1.15
(Un)
Corp
Harvester
International
Overland
Jan
1.25
(Un)
Olin
Feb
12%
1
RR
Feb
41
491
43%
Development
Imperial
71'/a
4
45
a70%
a^3 _/4
al5/8
4%
1
12
*
5
Chemical
Mathieson
Corp
59% Mar
36% Mar
Jan
27%
Inc
5%
1
Co (Un)
(Un)
Co
Jan
—
Corporation
Jan
Oil
10%
6%
Hunt
Hupp
Edison
Ohio
41
1
12%
(Un)
Mining Co
Ohio
9 % Mar
1,032
25
50c
Holly Develooment
Oceanic Oil Co
51 % Mar
13
16%
36 %
Electronics
74% Mar
Apr
46 %
43%
15
1
Preferred
Jan
79%
4%
25
Hancock Oil Co class A
Hoffman
—
1
(Un)
Corp
__
.»
(Un)
Eng
Gulf, Mobile ft Ohio (Un)__
66%
48%
Aviation (Un)
(Un)
Aircraft Inc
Pacific RR
Mar
—
•
:
Northrop
58
429
21% 22%
—
a41% a41%
30c
30c
32c
—
7%
7%
a62% a63%
—
a58% a60%
A
2%
3
2%
2%
3%
•
1
(Un)
Corp
Aircraft
Grumman
3%
10
(Un)
RR
25% Mar
Feb
1,623
22%
10
(Un)
(B F) Co
—
1
Goodyear Tire & Rubber
Graham-Paige Corp (Un).
Great Lakes Oil
& CbemicalGreat Northern
—
10
•
50o
5
Co
Gladding McBean ft Co
Glidden Company
(Un)
Good Humor Co of Calif common
Goodrich
95
(Un)
(Un)
(Un)
Bros
42%
76%
51%
1C
5
20
Rubber
&
—
(Un)
Public Utilities
TeleDhone
General
50
—
*
5
(Un)
General
__
5
(Un)
General Motors Corp common
General
.
__
com.(Un) *
(Un)
Co
Electric
General
Jan
46%
all% allVa
1
2
(Un)
Corporation
18%
%
all%
—
1
common
Co Inc
(Robert)
Garrett
Co
Northern
110
3%
1
10
Inc
Line
Trailer
North American
Jan
al4% al4%
22 22%
3
3%
„a
Machinery & Chemical (Un)
Fruehaul
Feb
1,V
16
1
(Un)___
Light
Feb
25 %
250
1
(Un)
Co
Co
63%
48%
15,022
5
•
1
Phonograph
&
Radio
Jan
12%
16
1,V
Rights
Emerson
1
1
1
100
Co
Jan
a71% a72%
45% 46%
—
1
1
ElrctroData
a72%
4
(Un)
(Un)
Products
Oil
215
a82
13%
70%
43%
23
*
*
Corp
Nordon
30%
a46 a4678
__
Feb
21% Mar
al69%al711/2
5al69%
6% Mar
27%
2,020
46%
42%
10
10
3
Jan
20
%
14%
24%
210
77
4%
—
„
Jan
21% Mar
43%
15%
a33%
a34
al8% al8%
—
Natural Gas
Paso
Electrical
91% Mar
Idria Mining &
Norris
15%
__
42%
14%
(Un)
Inc
Eastman Kodak Co
El
;
de Nemours (Un)
(E I)
—
5
Labs
B)
Airlines
Eastern
—
—
50c
10c
(Un)
Industries
Dresser
Dumont
—
England Elec System
New
75
a80
12%
70%
43%
21 (A
'
(Un)
Chemical
New York Central RR (Un)
Niagara Mohawk Power (Un)
New
24 Va
22'%
50%
50
43
43
20% 21%
—
a46/2 a47/a
—
Ittf lida42
a42 a43
—
17 17/4
4%
4% 4 A
37% 37%
—
a33 a35 %
16c
15c 16c
4% * 4%
5
—
53,4
55
—
74% <4%
-31 A 33 A
10
_1
50c
(Un)
National Supply
Feb
18%
Feb
135
43
21%
5
—1
——
225
8%
9l%
65'A 65%
a37% a37%
—
83%
Mar
601
23% 25 V2
16% 16%
22% 22%
a39% a39%
a49 a49%
26%
*27
16% 16V2
1
■
7
580
a24>/2
a25
a49%a50%
__
-v. 47 47%
__
22 V8 22 Vh
23%
23% 23%
•' a 57'A a5?'A
73 y2
72 74 %
48 %
48% 48l/2
*
Douglas Aircraft Co new
Douglas Oil Co of Calif
Mar
Distillers
Rights
61% Mar
16% Mar
Jan
26%
16%
„*
(Un)
Ltd
60
150
Jan
10
(Un)
Company
182
4%
50o
Inc
28% Mar
32
26%
—
Feb
350
-
120
—
50o
Consolidated Foods
Corp
1%
Consolidated Liqnidating Corp.
:
"
Continental Can Co
(Un)
20
Continental Motors (Un)
1
Crown
Zellerbach
(Un)
5
Crucible Steel Co (Un)
25
Curtlss-Wrlght Com common (Un)__l
7A
Feb
—
26% Mar
32% Mar
23%
186
78 /a 79 /a
a47% a48%
2.85 2.85
—
Feb
32% Mar
64
a
—
23
125
24/a 24 ,8
a56 ,4 a58 /4
a29%a29%
a56%
10
Co (Un)
(Un)
National Gypsum Co (Un)
Biscuit
National
38% Mar
Jan
6
1J0
—
Engineering
Consolidated
34%
28
100
5%
25%
Co
Diablo
Feo
5%
,
Mt
Feb
National
a24%
•
23
•
Solvents
Commercial
19%
670
32% 32/a
a23 /a a23 /a
a23%
24%
•
3
1
Ward & Co Inc (Un)
Inc
(Un)
Motorola
34%
Jan
__
—
—
High
Low
High
1
since Jan.
Range
Shares
25% 26%
—
Montgomery
27%
23
8%
Mar
16% Mar
70
140
17%
a96
23
•
(Un)
8% Mar
Mar
45
17%
a95%
22%
•
(Un)
Feb
a36% a36%
6%
6%
23 29%
61V2 61 %
1
•
1
Iron
System
Jan
7%
__
_10
Clary Multiplier
—_
Climax Molybdenum -(Un)
16%
371
__
25 >
i
(Un)_
new
20%
20% Mar
__
—_—__f_100
_.
Co
Jan
45
18
483
17%
.•_•—»
Chrysler
Cities
16%
14% Mar
45
6%
25
,__1
(Un)
Chesapeake & Ohio Ry Co
Chicago Corp
31
1
1
Products
Vought Aircraft
Certain-teed
Chance
__
12%
„_10
•
__1
(Un)
Co
1,892
Jan
8%
8%
al7% al7%
\ 31
31
8%
5
2
25
_10
Packing
California
Canadian
*
17%
Mar
16%c
(Unl —
10
Minnesota Power & Light (Unl———a
Mission
Development
(Un)
5
Mississippi River Fuel
10
Montana-Dakota Utilities (Un)——-5
Montana Power Co
(Un)
a
(Un)
Utilities
South
Middle
Jan
6
for Week
of Prices
Low
Par
Merck & Co Inc
86% Mar
•
3% Mar
16
Range
15% Mar
13 V2
—
.——16
(Un)
5
(Un)
Company
;
Sales
Week's
Last
Sale Price
High
Low
__
1
——1
Oil Corp
Borden
Friday
5
(Un)
Bolsa
I
STOCKS
2
Corp
Airplane
Boeing
APRIL
ENDED
since Jan. 1
Range
High
Low
Par
Blue
WEEK
for Week
Sale Price
'
FOR
Sales
Friday
STOCKS
43 '/a
Jan
51
Mar
18%
Feb
125
'
37
190
32Ys Jan
18
Jan
19% Mar
32%
Jan
20y4
Feb
40
The Commercial and Financial
(1338)
Chronicle ...Monday, April 4, 1955
OUT-OF-TOWN MARKETS
RANGE
Los
Week's
Friday
Angeles Stock Exchange (Cent.)
Last
STOCKS
Sale Price
af Prices
Low
Par
Western Union Telegraph
(Un).
(Uu>~
Westinghouse Air Brake
Westlnghouse Elec (Un)
Wheeling Steel Corp (Un)
WUUston Basin Oil
Worthington
28
175
121
(Un)
30c
30c
«
12%
31c
24%
6,600
Feb
83
Feb
Great
55%
Jan
Orel!
32c
Jan
24c
12%
42
11%
Jan
170
50%
Jan
a58% a58%
50
a
Par
32%
Jan
Feb
12% Mar
OH
Lakes
Bros
Dock.:
A
•
l ' '
—'
.
10
..
Jan
52
Co
a__
a._
(Un)
1
•
3
a24% a24%
Zenda
Gold
Zenith
Mining
Radio
•
Co
Corp
—
_10c
(Un)
A
■
a77 (4 a 78'A
;
,■
18 %
—
—
5c
•
5c
6c
Feb
27%
Jan
Hammond Organ Co
Jan
80
Feb
Harnlschfeger Corp
Hefieman (G) Brewing Co
4c
Jan
10c
Jan
Heln Werner
97%
40
*eb
97 %
Feb
Hlbbard
Hupp
Sash
Sale Price
Par
Abbott laboratories
Steel
10
Adams
40% Mar
48 %
26
29
27'A
26%
26%
27%
10
9%
9%
1
Jan
27
Apr
30%
Jan
26
Mar
30%
Feb
3,100
7%
9%
500
8%
8%
4,600
58%
56
61'A
9,750
78%
78%
78'A
700
8%
Mar
600
10
9%
8%
Jan
200
•
Mfg
American Airlines (Un)
7%
Jan
10% Mar
Jan
9% Mar
Jan
36
Jan
70%
Jan
9 %
Jan
61% Mar
79% Mar
1
~
26%
27%
3,500
1
24%
24%
26%
700
22%
12.50
39%
39%
39%
900
39% Mar
44%
Jan
49%
50
500
48% Mar
55%
Jan
32
33%
500
25
Jan
33% Mar
Feb
13%
Jan
25%
Feb
American Broadcasting-Paramount
Theatres
Co
American Cyanamid Co
American
500
400
20
Chalmers
American Can
High
44
27
50c
Allied Laboratories
AIDS
1
28 (A
1
Castings
Manufacturing
AUeghany Corp (Un)
sinee Jan.
28
;
Machine
As
10
Poundry
American Motors Corp
American Rad A Stand San
1
7
"•
|
11%
S
(Un)
American Tel A Tel Co
23%
11%
11%
180
1,200
24'A
1,500
181 %
23%
100
1,300
21
Jan
;
11
27% Mar
Jan
27% Mar
21% Mar
173
Jan
186% Mar
American Tobacco
29
66%
66%
67%
Anaobnda Copper Mining (Un)
1,000
62%
Feb
69%
50
61%
57%
61%
Armco Bteel Corp (Un)
Armour a Co (111) common
2,100
47%
Jan
61%
10
Apr
400
67%
Jan
79%
Feb
11% Mar
16%
Feb
Warrants
'
74%
76%
14%
14%
15
6%
9
6%
6%
300
12%
12%
800
26%
200
—
Ashland Oil A
Refining common
1
SI-50 conv 2nd pfd
Atchison Topeka & Santa Fe_.
50
Atlantic
10
Automatic
Avcd
.*
Refining Co
Washer
Co
Corp
Gear
Works
Super
20%
27,400
12
Jan
24% Mar
50
57
Jan
64
64
"2%
104%
Jan
4,950
251%
300
42%
43%
400
34%
Jan
29
50
.__
•
150
21
16%
Jan
22%
Apr
Jan
28%
2%
1,400
2%
Jan
1,400
16%
Jan
43% Mar
3%
Feb
20% Mar
19% Feb
31
200
23%
19%
20
200
18% Mar
400
23%
Jan
Jan
1 %
500
1%
Jan
29%
29%
300
29%
Jan
52
52
22%
22
52
50
22%
800
&
21%
Mar
Jan
26% Mar
2
Iron
Power
of
Jan
Jan
36%
Feb
24
Jan
26%
Feb
25% Mar
28%
Feb
32%
25%
32%
600
25%
25%
2,400
25%
25 %
100
47
48
48%
1
22%
22%
22%
*
common
64%
64%
65
22%
23%
95%
95%
100
9
9%
135% 135%
2,800
•
Co
*
<■
140
%
1,600
42%
Jan
49% Mar
200
21
Feb
25%
250
64% Mar
700
16%
Jan
89 %
Jan
140
135% Mar
140
10
129%
Feb
72%
74%
3,700
66%
Jan
48%
50
%
700
common
48%
i
31%
31%
32%
2,000
92
93'%
400
37%
37%
100
27
5
Feb
39%
35 % Mar
41(4
500
13% Mar
16%
Jan
200 "
83%
Jan
91
Feb
44%
100
43%
Jan
47
Mar
26%
28%
2,300
23%
Jail
28%
Apr
6%
6%
150
5%
Feb
6%
Jan
37%
38%
1,800
32'A Mar
38%
Jan
23%
23%
100
21%
24% Mar
14%
88%
44%
28%
.
38%
17%
18
1
450
300
09%
Jan
100
38
Jan
45%
45%
4%
4%
4
4%
300
15%
2,000
4%
9%
5
9%
3% Mar
;
3
100
Field
A
& Co
Portland
12% Mar
150
22%
Feb
25%
3,300
13%
Jan
19'A Mar
18%
Jan
22
Food
South
4% V
43%
48
Feb
Jan
5
Jan
200
43% Mar
49(4
Jan
'7%
500
7% Mar
*8%
Jan
35%
35%
Apr
300
32%
Jan
36
1,300
32%
Jan
43%
65
65
200
61%
Feb
72% Mar
4
11
11
100
10% Mar
Products
1
Utilities
13%
1
25
Manufacturing Co
150
13
Jan
14'A
200
30%
Jan
35
7%
11,200
3%
Jan
19%
300
20
16%
20
Jan
Feb
Mar
7(4
Apr
Mar
8%
—
8%
4,400
7
Jan
95%
95%
300
80
Jan
96% Mar
77
*
Cement
13%
32%
5%
8%
1
Feb
Jan
13%
7%
10
Missouri
12%
32%
*
$1 prior preferred
Minneapolis Brewing Co
Min A Mfg
78
200
68
Jan
81
Feb
9'A
Jan
28
28
100
26% Mar
34
Jan
77%
79%
1,100
75% Mar
85%
Jan
*
26%
26%
35
26
Jan
28
Feb
50c
6%
6%
50
6
Mar
7
Jan
♦
Montgomery Ward A Co
Muskegon
Mar
4%
44
34%
Minnesota
Modine
38
200
Jan
Apr
34%
35 %
1
Miller A Hart Inc common
Portland
4%
Jan
7%
•
new
Metropolitan Brick Inc-—
Mlckeiberry'8
41%
44
14
-
com—•
(Un)
Co
Cement
9% Mar
400
1
Co
(Glenn L)
Jan
13
2,400
Martin
Feb
4% Mar
12%
43
Marshall
Feb
Mar
4%
-
Jan
8%
Jan
47
22%
—
Medusa
18
113(4
'
13
•
(Henry C)
Jan
Jan
22%
43
Lytton's
Jan
111% 111%
—*
Motor
Convertible
•
78%
Specialties—
Muter
I—
A
Company
National
Cylinder Gas
National
Lead
National
1
Prod
Co
Standard Co
National
Tile
York
&
Illinois
300
20% Mar
23%
21 %
800
20% Mar
23%
63
200
55%
Jan
63'A
Feb
37
38
350
33
Jan
39
Feb
Jan
10%
(Un)—
37%
_1
RR
North American Car
21%
20%
62%
10
Mfg
Central
21%
5
5
Distillers
National
New
class
9%
•
Corp
9%
37
10
Corp
"26%
*
15
1,800
2,500
32
Jan
39
Jan
27 %
1,150
24
Feb
30
Mar
13%
Feb
16
Jan
15%
18%
18%
18%
22,500
72%
72%
74
300
com__5
(Minn)
16%
16%
17
Northwest Bancorporatlon
1,400
62
62%
550
24%
24
24%
—
45%
47
70
71
7%
200
5
Co
10
Jan
38%
37
26%
Jan
9%
100
Gas
Oak
Manufacturing
Oil
Co
Oklahoma
12
(Un)______
Gas
American
World
Paramount Pictures
Feb
17% Mar
21
66
Jan
76%
16%
Jan
17
55
Jan
66% Mar
1,400
20'/a
Jan
800
44 %
Jan
47%
200
65
Jan
75
Jan
Feb
Mar
5%
Feb
Jan
32%
Jan
17 %
Feb
27%
150
26
Mar
16%
1,400
16
Jan
39%
40%
3,700
38% Mar
47% Jan
200
47%
Jan
50% Mar
100
63
Mar
67%
Feb
13%
1,700
11% Mar
43
%
42%
14%
2,900
53'%
200
50
Mar
57'A
Jan
19%
900
17
Jan
20%
Feb
32
Si Mar
Apr
900
48
Jan
22%
21%
38
25
(Chas)
Corp
Phillips
13%
Jan
Jan
7%
Feb
18%
1,300
28
2,300
157% 160%
800
15
Jan
22%
Jan
156
19%
19%
19%
43
45
500
36%
55%
57%
900
48%
Jan
38
38
100
•
(Un)
Co
(Un)
75%
77
600
9
50
1
9
2,100
17% Mar
36
Jan
•
39%
39%
200
8'A Jan
38% Jan
*
69 %
69 %
100
64'A
Apr
Mar
20%
Feb
45
Apr
57% Mar
Mar
71
''
Jan
29% Mar
166
Jan
57%
12.50
(The)
18%
Feb
3
(Un)
Petroleum
Potter Co
Jan
5
45
1
Phelps Dodge Corp
Philco
40'/a
15%
2,300
17
160'A
33%c
Co
A
36 % Mar
150
7%
26%
27
100
100
17%
6%'
18%
50
Coke
38
17%
7
40
4
Feb
77% Mar
10
Jan
41%
Jan
Feb
43%
Pfizer
7%
8
700
23%
3,200
37%
6%
16
Jan
Public Service Co
Pullman
Quaker
Oats
Co
8% Mar
23% Mar
Radio
Remington Rand (Un)
Republic Steel Corp (Un)
RKO
Theatres Corp
59% Mar
Rexal Drug
20
24
Reynolds
(R J)
Rlchman
Bros
Mar
21
23
1,300
46
46
100
43 % Mar
49
21%
Feb
21%
100
20 % Mar
170% 170%
23%
Jan
100
71%
72%
300
157%
208
3
18
18
40
5
49
50
155
49
14%
14%
100
13%
14%
•
Mar
Jan
68% Mar
208
5
Feb
185
17%
174
Feb
Feb
73% Mar
Jan
210
Mar
Jan
18
Feb
Mar
54
Jan
16%
Feb
Jan
13%
5
j
River
Raisin
Rockwell
Co
Roebuck
5
400
15%
Feb
17% Mar
13%
1,450
Slgnode
11%
Jan
13%
700
2%
2%
3,000
17
100
9%
2% Mar
10%
Jan
8outh
76%
74
80 "8
2,800
5
50%
49'A
50%
2,800
49% Mar
46% Jan
55%
81%
81%
100
75%
Feb
81% Mar
Jan
Standard
Oil
Standard
Oil N J
38
35%
35
35%
300
33%
Jan
34
Jan
43% Mar
1
1
7%
7
43%
400
Corp
18
1,100
400
400
39'A Mar
44% Mar
58'A
a
7%
70%
41%
60%
600
51
60% Mar
17%
18
250
16% Mar
Corp——
Studebaker-Packard
Corp
18%
Sunbeam
Feb
Jan
9%
Jan
Standard
73%
Feb
Stewart-Warner
Jan
Stone
Railway
Container
Corp
1,100
40
27 %
,1,000
24
Jan
31
12
400
10'A
Jan
13%
Feb
27
600
25
Jan
28%
Feb
14'A
Jan
Mar
43%
Feb
Mar
^
14%
38%
38%
400
34% Mar
40% Jan
23%
24'A
300
23%
27
Jan
Feb
19
80%
18%
5,000
15%
Feb
16'A
Feb
18% Mar
21
80%
81'A
200
74%
Jan
85% Mar
60%
60'A
200
56%
Jan
65'A Mar
19
1,000
31%
31%
32%
500
54%
54 %
55%
2,400
49(4 Mar
55% Mar
54
52%
54
1,400
50
56% Mar
26%
25%
26%
400
20%
Feb
Mar
24%
Jan
32% Mar
27%
Jan
20%
20%
1,000
18
Jan
21% Mar
58%
100
51'A
Jan
60
Feb
27%
27%
100
27%
Jan
28%
Jan
12%
13
400
10'A
Jan
13% Mar
2%
2"A
300
44%
45%
1
44 %
112
113%
'
114%
45%
11%
11%
.11%
5
25
24%
25
12%
1
Jan
3%
Feb
Feb
6%
Jan
81%
Feb
44
Mar
49%
Jan
Jan
118%
Feb
1,800
100
45%
1
1%
5%
74
1,000
79
10
.
860
400
5%
5%
78%
15
Equipment
Cornel
26%
58%
25
Standard OH Co (Ohio)
%
7%
Mar
% Mar
41%
•
(Un)
70
68% Mar
9
1
f
California
40%
—
~Z~lO
•
43
Jan
1
of Indiana
35% Mar
Jan
5
107%
7%
14%
2%
of
31 %
Feb
500
9
25% Mar
24%
Warrants
Dredging
89% Mar
89%
3
Service
Oil
3,300
2,250
43%
Public
Standard
95%
33%
48
Jan
•
common
Standard
92'A
33
Jan
75'A
9
(Un)
Jan
94%
Jan
32%
400
9
Southern Pacific Co
33
18%
1,500
85%
1,
Southern Co (Un)
g
1,400
42%
26%
27
•
Works
Feb
g
20
Bend Lathe
Inc
Jan
Jan
Feb
•
Feb
Spiegel
9%
12
15
3%
Feb
33%
45
27%
27%
1
-
(Un)
17%
80% Mar
Jan
40%
12
Steel Strapping Co
Southwestern
3
9% Mar
37%
25 V4
8%
10
1.40
Co
Jan
14%
30% Mar
23%
5
Bocony Vacuum Oil
Jan
1,400
40%
9
5
Sinclair Oil Corp
9%
*'
41%
7.50
16%
17
*
Axle
Co
13%
Feb
—
5
Co
A
400
3t
71 % Mar
84%
;
•
Paper
Schwitzer-Cummins Co
Oil
500
44%
•
8chenley Industries (Un)
Sears
9%
42%
Jan
"
9
50c
Tobacco class B
Paper
30%
9%
2.50
Spring &
Regis
31
42%
1
•
8t Louis Public Service "A"
St
Shell
9%
~2%
.
(Un)
16
Foor-Wbeel Drive Auto
(Un)
Corp of America (Un)
Raytheon Manufacturing Co
55% Mar
170%
5
Jan
100
5
Indiana
(Un)
Jan
59 %
21
of
Company
59%
""
Feb
Mar
%
18%
18%
1
preferred
pr
Apr
37
I
Airways (Un)—1
(Un)
45%
34%
Co
24% Mar
52%
5
common
convertible
Jan
common
'
32
*
Co
Jan
(Un)
372
/
5
Coal
32
~
:
Peabody
33%
New common
(when issued)
Genera] Electric Co_.
General Foods Corp
[
rights
Patterson-Sargent Co
100
Candy Corp
Dynamics Corp—
•
Olln-Mathieson Chem Corp
Pan
500
Corp
Electric
&
35%
Inc
1
Ohio Edison Co
Ohio
33%
(Un)
„
Co
93%
48%
Brewing Corp
1,200
—————2
—
34Va
7.50
47.
36
13%
4
Co
Jan
64 %
lo
page
39'A Mar
Chemical Co common
OH
Jan
♦
see
Jan
Lindsay
37% Mar
12
1
Co
35%
200
35'/a
Corp
For footnotes
1,300
22
33%
(Un)
Goodyear Tire A Rubber Co
Feb
37%
20%
84
48 %
10
_____
Jan
35%
22
26%
64%
5
(Un)
Mar
75%
Jan
1
51% Mar
13%
*
Telephone Corp
OEbscm Refrigerator Co
20
Jan
Jan
28%
:
common
20
General
Mar
Printing
_10
General Public Utilities
23
Lincoln
Apr
64%
l
General Motors Corp
General Package Corp
Apr'
16%
88
.
Pennsylvania RR
48%
10
(Un)
Electric Controller A Mfg
Emerson Radio & Phono
Jan
20
16%
Peoples Gas Light &
Pepsi-Cola Co (Un)
•
_
65
17%
Mar
1
29
Paper
16'A
7
74% Mar
10
Manufacturing
(W H)
10
16%
•
29
Corp
Elder
(The)
95% Mar
Jan
Jan
48%
%
25 % Mar
9
73%
93
Jan
117%
lo
Co___.
Eddy
Feb
Jan
Llbby McNeil A Libby
Preferred
Jan
14%
59%
23
17%
Lion
Feb
Jan
65% Mar
5
common
Eastman Kodak Co (Un)
General Box
32%
29
Nemours
University—:
Co
9%
33
68%
44%
•
(Un)
common
26%
30%
Drewry's Limited USA
Gamble-Skogmo
Co
Jan
Jan
50
33 %c
21% Mar
Jan
Co
de
Co
Gas
A
3%
27%
450
88
1
Power
2%
Dow Chemical Co
I)
Extension
Salle
Laclede
13'A Mar
45 % Mar
5% Maf
Manufacturing Corp
(E
La
Feb
...
Jan
200
35%
5
Knapp
Leath
27%
3,000
20
69%
36
1
-
Monarch Co
Kropp Forge Co
Jan
9% Jan
44'A
1U0
30
36%
10
(Un)
Corp
25%
1,750
■;
-
69%
8.75
Corp
States
Jan
Co
Match
Kimberly-Clark
21
37
•
(Un)
Jan
900
16%
29%
•
Shoe
(Un)
Feb
35(4 Mar
35
200
61%
20
—
—7.50
-
Northern
Jan
l
Company
Kats Drug Co
Kennecott Copper
8%
30
9
(Un)
Light
Apr
1%
common
Edison
&
Power
52
4%
America
Cudahy Packing Co
Curtis-Wright Corp
Tel
Jones A Laughlln Bteel
Kansas
•
15
Stephens A Shlnkle
50% Mar
100
l
Motors
International Tel A
Johnson
5%
<
Jan
100
•
Ry
500
*
Corp
Jan
Jan
800
20
•
Ltd
4% Mar
500
15%
"/ 20%
•
Illinois
5%
r
Continental
16'A Mar
30
12%
61%
—1
(Un)
Pacific
2 %
Columbia Oat System (Un)
Commonwealth Edison common
Consumers
Paper
Northern
5%
100
Inc
Feb
27
26%
7%
16
1
International Shoe Co
Northern
29
new
Jan
27
950
45%
29%
69%
Jan
2%
preferred
Co
..
1,250
12%
8
Co
Jan
5%
5
Ry
72(4 Mar
3%
-
1
32%
2 %
10
Pac
-
s
International
Northern
1%
29%
Co—
Development
Steel
26%
—100
Packers
Mar
16% Mar
29%
26
18%
61% Mar
Feb
26
Feb
20%
25%
132% Mar
24%
29
26
Jan
25
2%
1,900
Jan
Jan
%
19%
17%
1%
10
50c
4%# preferred
Clinton Foods Inc
Coleman Co
Gtmard
Jan
25
15
preferred
Cleveland Cliff's
Gillette
Feb
42%
10c
Island
$7 convertible
Chrysler Corp
Service
Cities
Glidden Co
1
7
25
Chicago 8o Shore A So Bend RR__12.50
Chicago Towel Co common
♦
General
2,400
2,200
57% Mar
1
Chicago Rock
General
Feb
Jan
1%
400 )
Mar
2%
24%
20
Mar
29%
8%
8%
130% 132%
17%
8
Feb
Jan
22%
17%
4%
Mar
54% Mar
1%
1%
5
Corp
convertible
Fa (staff
2%
26
400
19%
12.50
Chic Mil* St Paul A Pac
Pont
400
650
57 %
23%
1
Chesapeake A Ohio (Un)
Chicago Corp common
Da
2%
26%
56%
&
Illinois Pub <Serv_
Certain-teed Products
Dodge
64
RR
International Mineral A Chemical
Middle
24%
26
________20c
pfd
2%
Jan
22
5
common
4'A%
17%
2%
10
Central
Diamond
Jan
Mar
1
Brewing Corp
Central A South West Corp
A
Mar
40
9
Centllvre
Deere
Feb
139
C
1
Cento Corp
Detroit
27%
Jan
13,300
*
Celanese Corp of America
Crane Co
Jan
36% Mar
8
lp
Corp
Brothers
Container
25%
124
7-
10
Canadian Pacific (Un)
S3
Jan
7%
50c
Budd Company
Burlington Industries Inc
Burroughs Corp (Un)
Corp
14%
4,600
i__5
Corp (Un)
Binks Manufacturing Co
Booth1 Fisheries Corp
Borg (George W) Corp
Borg-Warner Corp new common
CAS
Jan
4
w
com
Bethlehem Bteel
Carrier
12%
3%
:
new
Benguet Consol Mining Co (Un)
Berghbff Brewing Corp
Butler
400
Jan
18% Mar
45%
12%
10
International
Jan
3%
•
_
Aviation
Burton-Dixie
200
37%
7%
13
B*Mwtn-Llma-Hamilton (Un)
Foote
36%
Mar
3
Bastian-Blessing Co
Bearings Inc
Seldeit Manufacturing Co
Bind
26%
138% 139
6
Jan
3
Mfg Corp
Bendix
26%
4,200
13%
1,100
34%
10
Icterlake Steamship Co
International Harvester
•
S
Aluminum
Range
High
27
Admiral Corp
Advanced
Akron Brass
Inland
43%
_♦
(J D) Mfg Co.—
Salei
Shares
Jan
300
34
32%
3
common
Products
New common
for Week
of Prices
Low
S
Acme Steel Co
■'
Range
24%
1,500
4%
33
25
Co
Central
Indiana
Industrial
Week'a
Jan
1,200
1
18%
34%
—1
Door
A
Brick
Illinois
A compilation of ftfca round-lot transaction!
only
Last
3% Mar
Jan
2%
1,000
72%
34
1
Corp
Bartlett
Spencer
Illinois
Midwest Stock Exchange
Friday
Jan
22%
•'
15
18%
4%
1
10
Corporation
Huttig
STOCKS
14%
1
25
18,000
al&4
al04
■
2
1
High
1,000
-«
72
29
71%
6
100
27
15
2
—
Jan.
—
'
'
Youngstown Sheet A Tube (Un)
3.100
24
26%
since
300
class A
Hnlttcrafters Co
York Corp
23%
27
Corp
Range
Low
3%
1
Greyhound Corp (Un)
Gulf Oil
-
Shares
Hiph
2%
Chemical
Cooperage
Griesedieck
Low
'
10
of Prices
•
A
Bales
for Week
Range
Sale Price
Feb
83
Week's
Last
1
Graham-Paige Corp
Great Lakes Dredge
a49(4 a49%
a
1
Jan
52%
r.ziioc
APRIL
Jan
74%
120
a
ENDED
High
73% Mar
a75% a76%
!
(Un)
Corp
27%
Jan.
Low
58
a55% a553A
Inc (Un)_.
Wt
(F
High
»
a
WEEK
Friday
since
Range
12 V*
Explor»Mon
Wilson A Company
Woolworth
10
FOR
'■
STOCKS
Shares
a95% a96%
10
:
Salea
for Week
Range
106%
42% Jan
Jan
47% Mar
'
300
8%
Jan
12
300
24%
Feb
27% Mar
12%
600
12% Mar
13%
Jan
12(4
15%
Jan
,
10
12%
12%
1,200
•
45%
45%
200
Feb
Feb
52% Mar
Number 5417 ...The
Volume 181
Commercial and Financial Chronicle
41
(1589)
OUT-OF-TOWN MARKETS
RANGE FOR
Friday
Sale Frlce
of Prices
3
Tool
Machine
Suridstrand
Low
38 %
Rights
Trane
95%
24
21% Jan
500
95%
Feb
243/4
14%
59%
2,050
4oy8
40%
200
2%
3%
3;200
26%
263/4
400
2'/a Mar
25% Mar
27% Jan
18%
18%
100
18% Jan
20% Feb
26 34
28 y8
300
26% Mar
31% Jan
62%
62%
20
613% Mar
64
Trav-ler Radio Corp
2%
\
1,000
20% Jan
15
Jan
443%
Jan
Feb
59% Mar
37% Mar
'
1
—1
1
*
Continental Corp (Un)
Truax-Traer Coal common.
Century-Fox Film
La Salle St Corp
205 So
United Air Lines Inc
-e-
.
—
86
•
Carbide A Carbon Corp
Union Electric of Mo
Union Oil of Calif
Union
29%
10
25
10
:
86%
300
29%
29 y4
57%
41%
Feb
1,900
Feb
59
Feb
34%
6%
15%
43%
43 Va
44»/4
80%
(Un.)—'
Cdrp'common—,—:
Van Dorn Tronv Works
;
29%
53% Mar
600
■: 79%
13»/4
12%
100
1
45% Mar
Jan
7Yn Feb
100
13% Jan
16% Mar
500
403/4 Feb
44%
2,000
1,400
67% Jan
81% Mar
6
-
■
■
Jan
'
Jan
'*
U S Steel
•
8iy8 f
14
8% Jan
15% Mar
common
.10
29
78%
Whirlpool new common
—
29'A
300
27% Jan
75%
78%
500
74% Mar
33
—
Westinghous'e Electric Corp.
Inc
Industries
(Un)
33
100
22%
82
36%
Feb
42)
Jan J
Feb
Jan
White Motor Co..———
36%
36%
36%
100
35
Jan
Inc common
Wisconsin Bankshares Corp
16%
16 Vi
16%.
500
15
-Feb
20% Jan
21
21%
500
19% Jan
22% Mar
22%
23
600
21 y4
Jan
24%
Feb
49%
49%
200
48% Mar
52%
Jan
88
88
100
86
11%
11%
350
10V4 Jan
12%
76%
77%
400
69% Jan
83% Feb
1
•
•
Wisconsin Public Service ————-10
Woolworth *(F W) Co
-10
Stores
Wieboldt
49%
Jr
( Win)
Wrigley
Mar
Airlines
American
Amer
11%
Can
American
Co
Sale Price
Par
.100
American Tel & Tel
Arundel
■
Low
503/4
Stores Co
American
179%
10
..13
—
40
22%
172%
17%
24%
10,064
33/4
3%
230
Jan
17%
8,901
_50
39%
393/4
40»/4
250
38
19%
19%
20%
1.147
15%
.1.80
Campbell Soun Co.
---25
Chrysler Corp
Delaware Power <fe light common—13 %
41 %
38%
415%
2,254
,73%
:—i~lO
SH%
Duquesne Light Co_
1,958
663/4
601
62%
40
American Viscose
Anaconda
Corp
Jan
31%
32%
87%
87%
87%
(Un)
Atlas
Corp
(Un)_——_:—
Atok-Big Wedge
J—
Avco Mfg Corp (Un)
Atlantic Refining Co
40%
Bolsa
preferred——i.25
General Motors Corp
5.;
Gimbel Brothers J
uJ.
—5
25
Hamilton Watch common-y t c
(The)
Hectit
Co
943;
92%
23%
24
Corp
Chica Oil
Budd
C.orp
Company
Homasote Co
Resistance
13
„.l_j—-.—J—J—.- -1
International
75
30%. Jan
Mar
Jan
34 V.
Merck
1
23%
Jan
26
23%
Jan
253A
16%r,
& Co Inc
Mergenthaler Linotype
28.
25%
28
49 3/4
49%
——i-*
:
Mar
"
13
IS3/*
Apr
5%
Jan
...
-11% Mar
1,416
90
20%
Jan
28
16
Jan
3,08$
42
Mar
21%
47'/,
461/a
47%
690
46
45
46
Potomac Electric
series
3.60'/
A
Power
preferred...
& Gas
4,888
49% Mar
„
18% Mar
483/4
Feb
29% Mar
453/4 Mar
5iy4
Feb
45
47%
Jan
Mar
37%
Jan
Scott
Co
Co
Paper
Brook
Scran ton-Spring
Sun
Corp
Chemical
preferred
Westmoreland Coal
Woodward
5%
A
40% Mar
2,798
Jan
15 y8
Feb
Crown
36 Va Mar
403/4
Feb
20'/4
201/4
20 3/4
1,565
19% Jan
22 Va Mar
Crucible
Curtiss-Wright
Corp
Cypress Abbey
11% Jan
12%
15%
—
431/2
116
42 y2 Mar
433/4
29%
30 y«
958
28%
Feb
31'/a
311/2
29%
31%
67
293/a
Jan
32
34%
57
58
—_
35%
209
59
31% Jan
Feb
1,631
55 y4 Mar
62
19%
100
16% Jan
67% Jan
61/2
6%
3 OO
5%
Jan
38%
906
36%
Jan
39%
40
983
38% Jan
99
99
99 %
17'/a
17'/2
—
'
38
Mar
6%
Du
763/4
78
40
3
$55,000
Friday
Last
STOCKS
Week's
Range
Sale Price
Par
1023/4'Mar
76% Mar
Shares
45%
46
Blaw-Knox
27%
26%
—-
Lone
Star
$2.50
Brewing
Co
81
Jan
Plate
Glass-.
Rockwell
Spring
A
Electric
footnotes
1%
see
nave
4*1.
6
76%
80%
971
68% Jan
87
4
200
64
27
4
.
a
.
64
a
4
17
Jan
-
1.55 Mar
Jan
Feb
5% Jkn
Mar
61%
Jan
69
Mar
•
36y4
Feb
43% Mat
16%
16'/a
100
15y8
Feb
16%
20 V\
20 '/4
333
: 15%
Jan
20% Mar
183/4
183/4
150
17% Jan
19;% Feb
43%
20%
.
43%
—
425
.
Jan
30
Jan
34'
Feb
24%
23y4
26%
Jan'
—V., .723
24,%-
M«r
18% Jan
21
,
21
60
36
36%
36%
822
15%.,,
160
.15%
6%
6%
29
'
Mar,
17%
.94%
943A
a22 % a 22%
Jan1
21
38%, Mar i
14%
16
Jan
Mar I
1,20J
29 »/2
.16%
.
•
•—1
1
6^ Feb
7 ,V
Feb
688
28% Mar
32%
Jan
-500
1R% Mar
16%, Jan,
..
-
.
737
82% Jan
94% Mar,
200
21% Mar
25% Jan;
.
90c
50y2
47
47 y2
23%
.
85c
50%
87c
23%
173
19%
Jan
68
47%
Feb/
56% Mar;
2,853
663/4
Jan
74*% Mar!
a56% a58%
743/4.
71%
73 Vn
846
414
31%
Jan
890
l.ia» Jan
Feb
42% Jan
3,700
Feb
67.
49% Mar
*
25% Mar
567
-9y4
3,451
8%
Apr.
8%
57
57 y2
150
49%
Jan
59%
23%
8%
25%
25y2
1,317
21V« Mar
,25%
Apr
Feb
49% Mar
16%
16%
2,125
15% Mar,
22 V4
185
20% Jan
26%
39%
39%
245
138* 141
.
1,870
Jan
17%
Apr
Jan
51%
Feb
Mar
17 y2
Feb
33%
Jan
16%
17%
546
13
49'A
250
4f>'/4
12
133/4
870
12
333%
33%
33%
150
33% Apr
13 Vo
13%
13 ye
100
12
a81% a81%
5
25
Jan
758
104% 104%
3
443/a
360
433/4
443/8
55%
32%
1.00
1.00
300
81c
16%
525
16
Feb
45
Mar;
2^1
.Totj
1,605
16%
16 y4
105 y4
'
Jan
ir
Feb
Jan
68% Mar
Jan
1041/4 Jan
233/8
22
—
79%
86
7o% Mar
54
68 «/2
68 %
5
20
Feb
14%
Mar
a89
a87
Jan
Mar
141
Jan
y4
Feb
47%
*>«% M*r.
124
49%
173/B
^
(Un)__25
Apr!
Feb !
17%
; "22%
[
•
59% Mar
50%
8%
49%
10
Mar
1.00
Jan
IS1:
Mar
Mar
Jan
16
16
16%
1,122
15%
Feb
17% Jan
*
49%
49%
49%
769
47%
Jan
52%, Mar
Co (Un)
a323/8
463/8
^-5'
15
Jan
22
323/4 Mar
35;
Jan
226
43% Mar
48 y4
Jan
13
a
168
13
Mar
al5'/8 al5'/8
30
Jan
17 % Mar
al68% al71»/2
320
158% Jan
173% Mar
A (Un)_10c
al70
^25
(Un)
'
32 3/8
46%
13
7%'^
Co
&
14
225
72%
317
67
9%
1,270
all% al3'/a
50
4o%
tuVs
8%
H
Feb
72% Mar
Mar
9%
Jan
12
Jan
Jan
Feb
27% Jan
27% Mar
2*1
41 Va
Jan
46% Mar
135
601'*
J"n
71 % Mar
*69
1 ,r;(
700
25
25
200
a4 %
a4%
50
3% Jan
4%
Jan
50%
50 y2
386
47%. Feb
52%
Jan
363/4
36%
130
33% Jan
39% Mar
74%
77%
2,938
51
2,429
mO%
OM.il
55 %
Feb
a80% a81 y4
363/4
69
1 %
L_—_*
-1
5
a28% a28%
*
44%
41% Mar
72
8%
a44% a45%
Inc
Feb
-Cumulative
635
6%
7%
Jan
Convertible
265
Apr
Jan
26
Apr
28%
37%
Jan
45
General
37% Mar
29%
Jan
34
43
Jan
48%
283/4
2
27
Jan
100
17
140
2
1,725
1% Mar
16
Jan
1% Mar
34
34%
175
33
66%
69%
399
62% Mar
Feb
1%
20
87
76 y4
Jan
76%
Feb
1% Mar
21%
1^ Jan
26
Jan,
Utilities
Telephone
McBean
<B
F)
Mar
Feb
130
7% Mar
27%
549
10%
10%
171
Mar
1*»%
J»ri
17
17
118
16
18%
183/4
50
17%
34%
35
395
3j '/h Mar
a41
—1
10% Mar
Jan
Jan
17
Feb
Jan
18% Mar
35%
Feb
36
*>«=t-n
40y8 Mar
20
70%
Jan
73%
22
64
a43%
22%
372
21
Jan
22% Mar
64
64
100
61%
Jan
64%
a58V8 a59%
5
Feb
■' r
60% Mar
Jan
3% Mar
36%
Jan
42 V4 Mar
13'/a
Jan
>
170
225
Feb
2
——*
*
23/4
23/4
40%
40%
170
—-3
15
15
305
1
Preferred
—.—25
Hawaiian Pineapple Co Ltd
*
Hilton Hotels Corp
5
Holly Development Co—*
.1
Holly Oil Co (Un)—
1
Mining Co (Un)—
12%
37%
39%
439
?*•
Mar
a25% a25%
6
26
Feb
26 y4 Mar
3,786
12%
Feb
13%
a40V2 a40%
20
36%
Jan
42% Mar
1.40
1.600
3%
3%
263
42%
42%
103
a«0% a80'/4
9c
9c
1,060
7c
Jan
10c
Jan
5
16%
13%
16%
1,013
13%
Jan
16%
Apr
28%
27%
283/4
610
25% Jan
32% Feb
Honolulu Oil Corp,
77
75%
77
240
73
82% Jan
Hunt
'
Jan
14%
..
a703/« a70%
-1°
Co.
;
—...
28% Feb
8% Jan
150
(Un)._—
Haneoek oil Co class A
5% Feb
26%
1,618
-1
Greyhound Corp
8V4 Jan
4% Mar
104
8°% Mar
13%
95
20
Feb
Jan
77% MaE
Mar
95 y4
(Un)
Goodyear Tire & Rubber (Un)
Graham-Paige Corp (Un):
Great Northern Ry.
2% Jan
300
Mar
&
53
13%
—
Co
%
...5
(Un)
Corp
(The)
Goodrich
Jan
69 3%
Public
49
*
—•
—
Co
51
93%
8
•
preferred
2nd
preferred.
Gladding
Feb
4%
24
3
-5
—*
(Un)
Com common
Gillette
Mar
34%
Corp
General
28% Mar
13/4
Paint
General
Jan
Mar
10
7%
Foods
(Un)—
Electric Co
17%
Jan
4%
Corp—-12.50
4% Jan
Jan
Co.
10
Foundry Co
6,381
27%
General Motors Com common
Mar
5
Westinghouse Air Brake
For
28%
ioc
United Engineering A
5
23%
common
General
Feb
5
Axle,
Manufacturing
Toy Mining—
:
Westlngbouse
46%
.7%
1,40 Mar
140
General Dynamics Corp new com
1
High
•
Ruud
San
34
•
—
130Ya Mar
Jan
11% Mar
4%
Works
Trailer
15%
126
68%
103%
814
300
Petroleums Ltd—.
231
250
46 3%
10
Pittsburgh Screw & Bolt Corp;
Reymer A Bros
-.
403%
1%
.
22,552
76%
Machinery & Chemical Corp—10
31
27
17
..
'
...——,—32%
Lines
Air
2o% Mar
26
1%
443
.
11%
31
common
Co
Dorado Oil
161
26%
5
~5
(Un)———1^
.10
*
Electrical Products Corp
——.4"':
Electric Bond & Share Co (Un)——5
El Paso Natural Gas Co..
—3
Emporium Capwell Co
—*
Eureka Corn Ltd
1
Ewa Plantation Co
—20
E)
48%
34
25
al33
Jan
—5
...
39% Jan
395/e
common—2.50
Inc
106
278
1
convertible preferred.
Pittsburgh
-16%' 16%
6%
£%
—10
Gas
Pittsburgh
*
33
McKinney Manufacturing
Natco Corp
1% Jan
29%
(Un)
Fields
Oil
General
353/4
1
57% Mar
1% Jan
rl.45
Eastman Kodak Co (Un)—
1023/4 Mar
Range alnee Jan.
35
(Joseph) Co
Joy Manufacturing Co
24'/a
55% Mar
11%
113/4
2
deNemours
Fruehauf
35
-8.50
22% Mar
31
common
Chemical
Eastern
Jan
Food
Low
27%
6%
B
Federated
flUtH
45%
Columbia Gas System
150
..
lor Week
Alleghany Ludtum SteeL
Co
al31%
Mar
700
-1 '/a
Jan
100
8ates
of Prices
Low
56%
IVb
a 128%
.
4
Feb
.....497
22 y2
56»/4
,
.
17% Mar
■<
17% Apr
36%
Jan
America
of
Mont Laboratories class
duPont
Feb
143/4 Jan
225
1023/4 102%
Dow
Feb
50
'
Co
Preferred
39% Mar
42%
99
Feb
Steel
DomOllver
75% Mar
90
38y2
56%
vl%
8% Mar
Jan
2
3% Jan.
1-1.45
common,
»■»—
Domlnguez
20% Mar
365
37'/a
—
/
Giorgio Fruit class A com———5
Class
36% Mar
73'/2
39%
Zellerbach Corp
Preferred
Jan
72%
37%
17% ;
,
/V Mar
8
12
-
Mar
19%
■
•/2'/4
22%
—5
Co
43 %
-1975
Duquesne Brewing
Duquesne Light
Equitable Gas Co
Harbison
Walker Refrnctoriev.
12% Mar
(Un).
Corn Products Refining
Jan
9,796
—100
ser
45% Mar
10%
(Un)
(Del)
Co
3,846
Pittsburgh Stock Exchange
Horne
Oil
13 »/2
BONDS
Baltimore Transit Co 4s
36% Jan
100
————r-fi 1
14'/2
—_—10
preferred
140
u y4
(Un)
com
new
—
39
-—20
*
Lothrop com
423A
11%
Co—
13%
1
13 %
•
♦.
Washington Gas Light common
$4.25
Co
361/4
-•
U n ited Corp—-United Gas-Improvement
42%
25
133/8
•
Oil Co.—
25
—,
14%
5«
——1•
Water Serv—*
common
Corp
Service
Di
Reading
255
7,648
943/4
37%
—_50
com—•
preference com
div
$1.40
8 5/a
24 %
29%
Corp
10
common
Service Electric
Public
84
Jan
Jan."
Apr
a33/4
10
Continental
12%
8
6%
10
preferred
Corp
Jan
6ye
31
(Un)—_
2#
3
——a
Participating
4,171
8/«
—.3%
Colorado Fuel & Iron
——*
Columbia Gas System (Un)
—•
Commercial Solvents (Un)__
— •
Commonwealth Edison ——25
Consolidated Chem Indus class A.—. *
Consolidated Coppermines
5
Consolidated Edison of N Y (Un).
•
Consolidated Foods Corp.—
1.33V3
Consolidated Natural Gas Co (Un)—10
Continental Motors (Un)__
—1
Apr
49% Mar
3*577
Common
8
17%
Clorox
Feb
44 %
38'/2
7
25
12%
Clary
Jan
43%
273/4
245
13%
Jan
43'/4
Philco
Corp
Pacific Ry
Cities
Jan
8% Mar
32%
26%
37%
Apr
38c
17%
Chrysler
17%
,
48%
Feb
a33/4
20% Feb
26%
38'A
Jan
34c
21
30
Feb
181
17%
40'/a
1,101
Mar
_lc
16% Jan
Jan
24
441/4
173/8
289
36c
—1
.13
26% Mar
107
__1
Corp
48%
139
•
29%
Chance
Feb
20%, Jan
Pennsylvania Power A Light eom_.
-50
Pennsylvania RR
.10
Pennsylvania Salt Mfg.,
Pennsylvania Water A Power Co——•
Philadelphia Electric common
•
Philadelphia Transportation Co-
Pennroad
Feb.
48%
16%
13% Jan
5
—5-50
-5
Co—
Packing
Central Eureka
Mar
89% Mar
321
36%
39%
Vought Aircraft
Chesapeake St Ohio Rv (Un)
--25
Chicago Milw St Paul RR com (Un)__•
Preferred (Un)
—
:
-100
160
34%
Apr
'
;—&
10
(J I) ft Co (Un)
Caterpillar Tractor Co common
Celanese Corp of America—
Feb
345
35%
Jan
36'/»
2%
Ink Co..,———
Canadian
Feb
91%
8%
12.%-
126%
295
7%
(Un)—5
10
---*
Case
'
Lehigh Coal A NavjfcaiaUu—
Martin (Qlenn L)
379
36%
Canada Dry Ginger Ale (Un)
31%
Canadian Atlantic Oil Co Ltd—-—--32
37% Mar
87% Mar
14%
7%
11%
Feb;
139
36%
35c
1
5
(Un)
Cement
California
35% Mar
-Jan
28
~
13
7%
213
143/a
——-1
15
—,
...
Calaveras
—
12%
MF
36% Mar :
79% Jan;
67% Jan '
48%
125
29%
—
31% Jan
•
J
Feb|
139
1
Corporation
Jackson Co
Byron
14y2
—
_
59%
36%
i—2
.J
Sullivan
Hill &
Bunker
8>
.45
Mar
61%- Apr
.
14%
...1
(Un).—.
new
(Un)
Co
.
Jan
Jan
Jan 1
-
47
Mar
47%
54
12,;
a74a76%
69
...1
Co—
Borg-Warner Corp new com
Broadway-Hale Stores Inc—
Apr
125
20%
29
29 %
41%
1,847
-
20
*
15
common-.—
a33% a33%
■•r
174
95%
24
a40% a40%
50
_P1
Feb
227
25
619
,
186y4Marf
Feb
.100
Selbum Oil & Gas class A.
Corp (Un).
Securities
(Un)—;—:——
Borden
20% Mar
123
25%
5,571
553/4
p2
-8
Baldwin-Lima-Hamilton
Feb
30
25%
Julius)-common.—__^50c /
438
61%
55%
—
Baldwin
17% Mar
403
*
46%
57%
Jan
-
66% Jan
1,485
31%
46%
5
—10
5
(Un)—50
10
Jan
173% Jan
61%
Feb
25% Feb
48% Apr
Mar
41%
55 Y»
*
Corp..
:—:
Armour & Co (111) com (Un)
Atchison Topeka & Santa Fe
Aviation
68%
,22
50
Co
Steel
Oil
10
20
Arkansas Fuel Oil Corp (Un)
Armco
1793/4
25
(Un).
Copper honing (Un)
Anglo Calif National Bank
Oil Co—.
Rights
——
Blair Holdings Corp
(Un)
Boeing Airplane Co (Un)
34
418
35%
'
*
convertible
4% %■
2,661
35%
35
--IO
Electric. Storage Battery-—;—
Fipelity & Deposit Co——
.arfinckel
,75
34%
68%
46
—25
(Un)
California
-
Jan
663A
Feb
4%
38% Mar
72
13% Jan
179% 180'/a
American Tobacco Co
24% Mar
Jan
preferred.
non-cum
Company
Budd
Feb
70
28% Mar
Jan
..3
$2.50
9%
23 & Mar
11%
Mar
1,210
cl
Burroughs
155/a
54%
23% Mar
30
48»/2
40% Mar
3% Jan
17%
..
43% Jan
48
727
a24u/8 a24%
186'/. Mar
Jan
-.1
,
39'A Mar
797
23%
a79% a?9 %
-
J an
12
595
49%
23%
48 %
Feb
58%
24% Mar
34%
40 V4
48%
a24%
Baltimore Transit Co—
Comi
39 V*
a79%
HifJk
49% Mar
665
22% JaA
48%
American
-
1,129
27% Feb
115
—5
Chemical
&
American Radiator & 3 6 (Uh)
Range since Jan. 1
2,178
26%
39 %
lc
Corp.
Securities
24 %
40
_
Baldwin
179% 181%
24%
Corp
City Electric Co..
Baldwin Lima-Hamilton
Atlantic
27'/4 Mar
Smelting & Refining (Un)_.*
American Tel & Tel Co
100
Potash
American
Bishop
285
Jan
90% Mar
Low
51%
Feb
21
2,191
al-1%
Sales
High
50%
78%
a26% a26%
Cons Mining (Un)_:——
Bethlehem Steel (Un)——
—*
Shares
Jan
5
B—*
American Motors (Un)__—
far Week
of Prices
Feb
72%
305
78%
27%
26%
10
Beckman Instruments Inc
Range
98%
(Un)——10
Bengaet
Week's
Jan
93% Mar
all % all %
Bendix
Last
Jan
10
12%
(Un)
Co
SS
Baltimore & Ohio R (Un)
Friday
6
9%
,
78%
26%
(Un)—1
com
(Un>—
Co
Cyanamid
Hawaiian
Bankline
STOCKS
3% Jan
7% Jan
a96% 496%
a96%
1
Jan
100
20
(Un).
com
Theatres
Bast-Para
American
Inc
32
220
8%
(tin)
Feb
47 Y» Jan
Jan
Mar
8%
4%
Mfg Co
47 ys
29
43%
4%
._10
Bailey
—.5
Machine M
Yates-American
Youngstown- Sheet & Tube
140
Alleghany Corp common (Un)
1
Allied Chemical A Dye Corp (Un)—.*
Allis-Chaimers
43% Mar
50
29
29
High
low
248
a56% a56%
29
since Jan. 1
Range
w 4t»h
Loir
•
Co
^ie»
a42% a433/4
,_25
—
(Un>__—
Alaska Juneau Geld Mining
293/4 Jan
.
Shares
5
Reduction Co
Air
Archer-Daniels-Midland
Walgreen Co
for Week
of Pricea
Par
'
.
.
Laboratories
American
Jan
300
6%
.
Jan
27%
58
45'/a
15%
v
4—
Jan
87% Jan
57%
■
4»/»
81% Mar
45
.
'
™
.
1
1
5
Corporation (Del) (Un).
states' Industrie*--—
Rubber, Co
25% Mar
13'/a
800
"
Tri
S
Jan
14%
'
;
Abbott
ACF
84
Range
Sale Price
Jan
56
1
U
49% Jan
Mar
23%
\
United
26%
46
^
300
Week's
Last
% Mar
t.Mar
2,800
Exchange
Friday
Jan
1.4%
2
United
45
Jan
STOCKS
56
Transamerica Corp
20th
San Francisco Stock
1
2
(The)
Co
49
94
31%
75,500
23%
48 %
95%
1
High
5
Co
Edison
2338
—
.25
Co
Toledo
n-
23%
.25
(The)
Thor Power Tool Co
Texas
3,050
-
——
Company
&
Range since Jan.
Low
39V«
J.
Suntay Oil Corp (Un).
Swift
Shares
High
37 M.
APRIL
for Week
Range
Par
WEEK ENDED
Sales
Week's
Last
STOCKS
Foods
Inc
a25%
13
1.20
3%
—
,——.6%
12%
23 %
23 %
13
23%
16% Mar
44 %
Jan
Jan
2.40
1.20 Mac
Jan
4%
Jap
42% Mac
47 y4
Feb
20
80%
Jan.
85
Feb
409
23'A
Jan
25
Feb
3,
Jarti
•
6r
42
The Commercial and Financial Chronicle...
(1590)
Monday, April 4, 1955
OUT-OF-TOWN MARKETS
RANGE
Friday
STOCKS
Week's
Range
Shares
Sale Price
Low
Far
Idaho Mary
Idaho
Mines Corp (Un)
Harvester
International
Nickel Co
International Paper Co
International
Intex
Oil
Tel
1.05
Low
17,302
1
■{:.v
High
1.00 Mar
•Vv;-7-,;
:■
'
v
1.25
Jan
Radio Corp of America
25
55
Feb
55%
Jan
35%
Jan
39% Mar
ti4
64
196
58%
Jan
66 %
Rayomer
Inc
Preferred
Feb
(Un)
88
87%
88%'
361
87%
Apr
89
Feb
Raytheon
26%
28%
3,253
23%
Jan
28%
Apr
8%
8%
8%
1,000
t
Jan
*
a87%
a87% a88%
124
10
38
(Un)
Jones & Laughlln Steel
(Un)
85%
9% Mar
Jan
91%
Co
5
50c
•
Reynolds Tobacco
Rheem
Feb
38%
1,180
32% Mar
38 % Mar
Richfield
79%
81%
575
58%
Jan
82% Mar
RKO Theatres
114%
60
81%
Jan
108 % Mar
3%
542
2%
Jan
110 111%
706
99
Jan
111% Mar
330
48% Jan
57% Mar
Oil
Corp
Aluminum k Chem
Corp
1
Preferred
Kaiser
50
Motors
Kennecott Copper Corp
Kem
Land
County
(Un)
112%
•
53%
2 Mi
Co
a
3%
3%
1
Corp
a
__
53%
4%
Roos
Bros
10
—
41
41
265
17%
40
.Jan
46
Feb
San
Schenley Industries (Un)
29%
a28% a29%
190
27#
30%
Jan
a35
a34 a35%
119
Ban
-18% Mar
.V
Matson Navigation Co
Prank
b
Menasco
Mfg
Merck
Co
b
Merrill
Co
Co
M
b
Oil
Monolith
Portland
Auto
National
Distillers
National
Gypsum
14%
42
Apr
Jan
-15%
5% Mar *;
21%
20
Jan
28
Apr
73
4c
3,800
ic
Jan
5c
Jan
Southern
Co
'? 60c
61c
15,309
58c
Feb
74c
Jan
Southern
Jan
15
29
29
110
a36% a36%
5
pfd (Un)_l0
(Uni
8
•
-
(Un)
•
Inc_____
Products
—
79%
--
79%
..
Southern
Company
New England Electric System
N
Y
Central
Niagara
RR
(Un)
Southern Railway Co (Un)
Southwestern
•
Norrls Oil Co
North
76% Mar
87%
Jan
North
Aviation
American
6 %
Standard
Jan
Standard
Jan
1
100
17
17
38%
327'a
335
4%
4%
4%
53%
54
1 % Mar
Stanley
Jan
9% Mar
Warner Corp
Jan
38% Mar
33%
Supertor-Tortlaiid
732
3%
17% Mar
Jan
48
5 % Mar
JarT
Super
Feb
63
Mold
Swift &
Oceanic
Oil
100
21%
Jan
25
270
66%
Jan
77
Feb
Texas Company
31%
327%
910
31% Mar
39%
Jan
Texas
14%
15
1,206
13%
15
Feb
1
--
Olln
Mathleson
Paauhau
Products
<-t»oco
Paciilc
6%
Gas
1st
5%%
Gulf
5%
red
5%
*
A
ser
Tel
&
Apr
72%
Feb
Trans
53%
53%
327
52% Mar
56%
Jan
Trl-Continental Corp
10
10
143
23%
23%
Oil
Stendel
American
46
25%
prior
44% Mar
36%
31%
Jan
33%
Jan
28%
28%
1,075
27%
Jan
28%
Feb
28%
28%
28
Jan
29
28%
370
a28% a28%
:
40
J an
i
14% -Jan
20%1dar
60% "Mar
10
v
,rFeb
;
27%- Jan
28 VWrFeb
|
42
64%Mar
r
12"% Mar
f
i
74%
25
Jan
80
Jan
11%s Jan
.37% Mar
79%
4,346
45 Vi
267
..
.
all4%
;
23%
•v
>i
525
16%
16%
Jan
44
'
44%'Jan
21%
280
a47% a47%
16%
22%
15%
'Mar
12
v
Jan
?
26■% Jan
--"•-49
Mar
Jan
49
Feb
-
12% Mar
246
>
Feb
Jan
44
2,245
49
Jan
119
19 V2
*.*16 "
49
Feb
48%
107% Jan
142:
12%
23%
'
49
Feb
81%
73% Jan
45% Mar
303;":
20% a20%
397%
Jan
i
,
16% Mar
49'%
46%, Jan
Jan
44%
44 %
281
42%
Jan
92
92
360
88
Feb
108
38% Mar
42%
Feb
14
16%
Apr J
47
Mar
835
26 %
Jan
27
38%
38%
39%
1,000
37%
Jan
10%
10%
180
132% 133%
101
129%
Jan
144
Jan
147
a46% a46%
50
39
Jan
57
Mar
——
17c.
17c
18%
1
18%
12%
Jan
18c
8,391
17c
28c
2,492
1-7% Mar
20%
85
27
27%
350
26%
Sugar
Fruit
8%
Jan
15
44%
Feb
68
81
3%
25
3%
Co
(Un)
.
Co
Bros
Petroleum
Co
Fargo
Preferred
69% a69%
50
63 V2
Jan
71
.
—
Western
22
79 % Mar
84
Life
Western
Westinghouse
Woolworth
Feb
Inc
Yellow
Cab
(Un)
Telegraph
Elec
Co
Feb 2-
3%
Jan
1.00
Feb
12'/2
Jan
13% Mar
18%
Jan
20%
180
7'";.Vv 20
3.50 Mar
Jan
49% Mar
49
Apr
32% Jan
37% Mar
84
84
25
71
Mar
85
70%
70%
225
70
Mar
74%
Jan
98c
1.00
3,858
Jan
1.05
Jan
9%
1,368
9%
9%
81c
8%
Jan
9%
Jan
Feb
9
Corp
(Un)
68
69
649
64% Mar
71
23%
23%
225
21%
Feb
23% Mar
21%
22%
745
17%
Jan
13
13 %
1,262
a68 % a68%
50
1
Stores
Railroad
(F W)
Jan
3% Mar
Jan
.16
49
1.00
1
LineB
Union
Jan
4% Jan
1
Sugar
Air
35%
310
a37
84
1
Insurance (Un)
Mar
25c
Co
13
*
(Un)
10
96%
12%
(Un)
:
Jan
280
V
49
77%
95%
11%
a—
76%
77%
366
74%
49%
10
760
49%
315
49
common.
6%
.'112
6%'
6%
75%
13% Mar
a__
Jan
96%
Jan
83
Feb
52%
Jan
Mar
5%
Feb
21% Mar
Jan
...
96%
Feb
a80% a81 Vb
a
•
Indies
3%
13%
a36%
20
(Un)
(Un)
Coast
3%
49
100
...
common
1,300
13%
*
33
1,178
3%
al8% al8%
3
Bank
81
3%
5
Corp
(R)
&
West
Feb
(Un)
Power
Water
78%
1
Pictures
Westates Petroleum
13% Mar
•
(Un)
(Un)
Equipment
Wells
Feb
48
33 %
5
Department
160
10
44%
Pacific
a49
55%
2% Jan
Western
13%
Feb
40% Mar
Western
13
51 %
404
Mar
a49
280
412
75% Mar
•
•
53%
1,095
40% Mar
20
s
.
53%
53%
3
36
Mar
4% Feb
3.00
Jan
45%.Mar
34
360
Feb
90%
Jan
44
Weill
Mar
6
Jan
34%
2%
38%
Jan
Feb
76%
580
43 %
Mar
2.50
27%
185
45%
3
49
71%
Jan
76%
45
43%
Co
?
Feb
76%
9
Sugar
;■
9
Rubber
450
100
Jan
1
S
58
325
Jan
10
•
29% Mar
5,173
12%
;
i
Co
39 %
5%
(Un/
common
Jan
2.75
(Un).
Mo
Aircraft Corp (Un)
Air Lines Inc
Jan
75%
Jan
29% Mar
58%
37% Mar
5%
86%
Feb
18
2.75
Jan
Jan
22 %
75%
27%
82
506
5%
25% Mar
53
344
75%
167
27%
28
•
26 %
571
36%
7.50
317% Mar
368
Washington
20% Mar
v
Feb i-
26%
486
19%
P 10
Mar
500
57
57%
36%
Mar
28
86
West
3
29
42%
29%
19%
58
Jan
37% Mar
86
of
27%
12ya
31%
31 %
Jan
27
56%
Co
Warren
Jan
a37% a38%
—
31
■
1,665
29%
Electric
Warner
'
50
33%o
40%
10
Carbide & Carbon
Vica
Feb
Mar
24
50
39%
I
Feb
26%
Victor
Jan
19%
1,099
a27% a27%
2
Mar
Utah-Idaho
Mar
10% Mar
28
27%
1,734
(Un)
U S Steel Corp common
138% Mar
5
16%
1
U
Mar
al43% al43%
28
25
United Gas Corp common (Un)
United Park City Mines Co (Un)__
41% Mar
——
10
14%
(Un)
United
27% Mar
27
16%
95%
5
United
Feb
27.% Mar
26%
— —
a41 a42%
*
50c
i
Inc
United
Feb
27
Timber
&
Mar
' Jan
29
:
Corp
Airlines
World
Union
48% Mar
35
200
(Un)
(Un)
f
f
^eb |
Union OH Co of California common—25
Feb
1,180
(Un)__l
pfd
-28 %
;
1
7.60
(Un)
Union
Feb
42
3,430
4
Airwave
11
81
20
-12%
1
com
Union
Feb
8%
Jan
Mar
35%
lOo
Ltd
Pulp
7%
40
47%
1
Oil
conv
22 % Mar
"Preferred
Mar
33%
100
Dodge Corp (Un)
Phllco Corp common (Un)
Philippine Long Dlst Tel Co
Phillips Petroleum Co
Co
50
10
•
Phelps
Sound
2,005
Jan
35%
Corp
World
Pioneer Mill Co
1,405
8
7%
33%
common
Paramount Pictures Corp
Pennsylvania RR Co (Un)
Pepsi Cola Co (Un)
Whistle
23%
7%
a39% a39%
100
\Vestern
Oil
70%
4% Mar
25
common
Pure
Transamerlca
25
Tel
Inc
Feb
25
Preferred
Puget
48
25
Pacific
Pullman
Jan
3% Mar
25
Ltd
Pig'n
44%
106
25
Petroleums
Pan
273
26
common
preferred
Pacific
Palmer
1,400
70%
5
4.80%
Pacllic
4%
46%
10
pfd
red
4
•
red pfd
4.50% 1st preferred
Pacific Lighting Corp
._10
—
new
45%
ino
Electric
to
;
Feb
"
210
all2%
—25'
Sulphur- Co
American
5
Aggregates—
Corp (Un)
■
-18% Jan
260
a44% a45 %
Tide Water Associated Oil com
15
preferred
1st
Jan
(Un)
70%
Corn
Finance
Jkn
78%
78%
,9
4%
♦
Plantation
Jan
39
39
a
—
70%
12
(Un)
Chemical
Sugar
Pacific; Coast
Pacific
20
(Un)
common
56%"M"ar
Feb
75
1
Co
Co
55% Mar
49%
38%
45%
1
Sylvanla Electric Products—
23
Co
Edison
Oil
%, a86 %
al2.% *12%
39
(Un).^;..*
Cement
(Un)
23
Textron
Ohio
37%. Feb
.
27%. Jan
42
Feb
27 %
1,372
anr
15all3%
Corp
Co
72%
Aircraft
Ohio
Jan.
Feb
25% Mar.
100
y
Feb
*
(Un)
(Un)
65% Mar
Feb
45 " Ja
•-
692
59
.
ab2f4 a64%
(Un).
Jan
Jan
25
Oahu Sugar Co Ltd
11%
20%
a27% a27'A
.V. a63%
1——25
Sterling Drug inc (Un)-i_—.
Studebaker Packard ;
Suotay Oil Corp (Un).
16%
100
53%
10
""9ah Yc
50
-256:
11%
57%*
•
(Un)
31%
1,411
32%
Jan
81%
Jan
31
:*:!£ 116 "
20%
2
of California
Co
30
210
37%
Mar
7%
Oil
Oil Co (Ind)
Standard-GU Co of N J
Invest
preferred
Northern Pacific Railway
Northrop
Service
■-—<
Inc common—*
Standard Brands toer/ffFbS&zJ—:
18% Jan
1
(Un)
Public
•
Spiegel
55
17
59
Jan
'
55
8,305
(Jan
-
Feb
'
935
1
American
Corp
,
16% Mar
32%
28%
1
Sperry
46% Mar
8%
28%
*
Feb
20% Mar
1
40 %
58%
Jan
290
1,'«
40 %
270
Jan
Jan
6c;
49% Mar-~^
1.012
,
19%
'
Jan
60
362
Jan
27
8'/a
600
26%
'
Mar ',•>
76
1,33&.
48%
26%
5
15
949
8%
-47%
v
;—
38
1,003
■
48
26 %
i—2
.
32
17
•
Power
Petroleum
(Un)_
Feb'
48%
.
1
(Un)
Mohawk
(Un)—*
Jan
21%
„
53%
Jan
21
•
55%
53
25
47%
I
Rights
37 %
54%
37'A
16%
17
36%
54%
14
'
Natomas
Calif
47%
8
1
36%
•
10
Jan
40
9% Mar
35% Mar
21%
1
(Un)
(Un)
—
Feb
30% Jan
300
840
A
Pacific Co__.
14%
62 %
preferred 4.32%—.—23
Convertible preferred 4.48%
.—29
Conv pfd 4.88%
—25
4c
60c
60
Cumulative
a9a9%
8%
Jan
58%
50
II
com
4c
448
9%
Oil
Southern Calif- Edison Co
>
Jan
7
Jan
(Un)
Oil Oorp
(Un)
Bocony-Vacuum Oil (Un).
''
2,300
4
11#
f
Jan
17% Mar
1137
80%
Sinclair
Jan
a57% a58%
*57%
9%
Signal OH Ss Gas Go class A_
28%
40% Mar
900
28
>
10
Co
Ptbres
5%
83%.Mar
43%. Feb
JanJan
Co
a32% a33%
plO
(Un)
Montgomery Ward b Co
National
5%
25%
28
Shell
Water
1
Mines—
Utilities
Power
50/
250
15
,v
25% Mar
'
t
Jan
23% Mar ^
287
7%
Feb
7a
46,500
80%
Shasta
32%
725
5c
'
23%
.2.50
35%. Mar
24% Mar
17%
4c
23%
Co.
Jan
—10
Inc—
Cement
Montana-Dakota
Montana
1,810
14%
Co
Roebuck. &
Bears
17%
5c
.
1.40
2.50
21%
438
25%
1>
—
Ltd
Co
15
16%
Utilities
M
83%,
a40% a40%
18
(Un)
Mindanao Mother Lode
J
25%
-
10
i
common
Inc
South
(Un)
Inc..
Petroleums
Middle
•
35%
25%
1
9% Mar
10
■'■44' 44%
10
P. 10
24
50
83%
35%
(Un%
(Unl
McKesson <k Bobbins Inc
Meier
M
Diego Gas b Elec com
Maurlclo Mining——,
Bcott "Paper
Marine BancorporaWon
Martin Co (Glenni
2,715
i
Jan
34% Mar
Jan
2,366-
10%
Jan
9%
45
Mar
195
Feb
24 %
'i
40
39%
62%
-23%
55
47% Mar
21%
—
41%
38%
Mar
8% Mar
48%
'T7ni
rv»
Jan,,
23%
40'A
35
39 %
Pnnpr
Jan
-
50
<
f
72% Mar
Jan
335
___8
St
,,
13%
t
68%
36%
a9'/2
41%
17% Mar
1
43
36%
a9%
■.
43% Mar
47
Merchant Calculators
Feb
894
590
Mar
45%
Jan
939
590
>.
36%
Feb
36%
1,340
a69% a71%
69%
a
Feb
43%
Jan
47
590
a
39%
Feb
90%
40% Mar
487
*
48
75%
46%
51%
1
41%
■
,
24% Mar
Jan
31%
256
10
18%
•
41
39
^■'
Jan
18%
hi
.
44 %
50%
common
"'i.
1,013
■■
".
84%
10
18%
H)
24
a41 a41%
Feb
Feb
_5
18%
(Un)
39%
.10
50%
(R
Jan
Inc
17%
Macjr k Co
38%
(Un)
Stores
1
Magna vox Co
166
Feb
Safeway
•
17%
74% Mar
B and W Fine Foods Inc__
7
(Un)
30%
Jan
High
Jan
Loew
Inc
45
Jan
60%
Low
a37% a38'/s
1
Liuuy McNeill to LlDby
Lockheed Aircraft Corp
s
Jan
26%
151
39%.
1
—
St Joseph Lead
Leslie Salt Co
■'
.
(Un)—25
(Un)
Corp
36%
113
74%
84%
•
Riverside Cement Co class A
Kaiser
672
29%
23%
•
1
Co
Manufacturing
37%
(Un)
class B
43%
a41%
(Un)
1
74%
■
a38 %
Remington Rand (Un)
Republic Steel Corp (Un)
Mfg
."■
—25
28%
Range sines Jan.
High
29%
',-ry'•
1,
„
Shares
42%
•
common
for Week
Low
Ry Equipment & Realty Co Ltd corn—*
710
Bates
Range
of Prices
Par
37%
7'/a
Corp
Week's
Last
(Un)—•
33 %c
com
Co
Johns-Manvllle
Friday
Sale Price
36%
(Un)__•
(Un)
ft Tel
1
a54% a54%
•
(Can)
APRIL
STOCKS
Range since Jan.
High
1.00
1.05
1
20
Co
Power
International
ENDED
for Week
of Prices
WEEK
FOR
Sale#
Last
Sao Francisco Stock Exch. (Coot.)
Feb
Mar
6% Mar
CANADIAN MARKETS
RANGE
FOR
WEEK
ENDED
APRIL
1
■
.
Montreal Stock
Canadian
Friday
stocks
Last
Sale Prhie
Par
AbltlM Power b
.
4%%
Paper
common
Sugar
Anglo
Shares
8,637
340
a9
a9
preferred—2fl
100
26
75
Jan
25%
Jan
8'%
Jan
27
Friday
9%
23
23
125
23
Feb
51
23%
52%
1,582
49
Jan
54
85
7,805
69%
Jan
88
26%
26%
26%
500
107 107%
rV
26
Jan
-preferred
Jan
Feb
Feb
Mar
4
Mar
26% Mar
pfd
4%% pfd
IIII_50
165
106%
Jan
54
Pulp
Co
J.*>
Asbestos
Gorp
-Bathurat
23
22%
114
113
53
32%
32%
33%
on
54
54%
150
53%
Jan
49
55% Mar
49
49%
205
47
Feb
50
108
Class
■.
......
cotnmon.
B
_
Orders handled
Canadian Stock
on
all
Exchanges
through our Canadian
affiliate which has a
direct
private wire
from coast to coast.
30 Broad Street
Co., Inc.
47.
280
305
:
Feb
23%
115
106% Mar
'
Jan
-
32%
.2,740
.
Mar
54% Mar
53 •' Mar
Feb
-
> 39
u
Feb
61
4
42%
42
42%
45%
45%
46
6,372
1.23
•
1.20
1.26
107,943
1.17 Mar
1.31 Mar (
2.50
2.50
200
2".50 Mar
2.50 Mar
Brazilian
•
Mar
Feb
British
Traction Light b Power_
American Bank Note Co
British
American
Oil
Columbia
Electric
•'
13j/2 Mar
>
15
104
52 %
51%
50
53%
53%
Columbia Forest Products-
•
Power
Columbia
TeleDhone
Class
B
Building
Teletype: NY 1-1979
Canada
NEW YORK
Canada
9%
Feb
-61
38
45%
Jan"'*-
Jan
Jfan
42%
7%
Jan
21%
Jan
Apr
47
reb
Feo
9% Mart
•
23
25% Mar
.*
29%
Mar i
52%
389
51
Jan
54
245
52%
Jan
8%
Jan
105 %
Jan'
>
Feb f
54 y8 Mar
54
Mar
9%
4,030
1,416
24% Mar
27%
46
959
43%
Jan
47
al3
al4
140
12
Jan
15%
5
Mar
6%
Feb
46%
Jan
5.75 Mar
7.05
Feb
v
5%
5%
5%
675
39
43
44
912
5.75
43%
*
♦
common.
Mar
al4
•
5
104
25%
*
Dredging..
30
9%
•
A
104 :104%
45%
_
Cement
100
3,291
58%
24%
__25
Products
Gold
13,899
r
:
45%
•
Columbia
Bulolo
9
26%
50
class
30S
22 Mr
25%
.
.100
preferred
Ltd
8%
22%
-
__
0
Co—
preferred
Mills
8%
•
26
preferred
Bruck
...
•
common
5.75
300
-
42%
11
Feb
Feb
Mar
Feb
Feb
38%
39%
3,057
37%
Feb
__20
30%
30%
31
582
30%
Apr
32
Feb
10
26%
26%
27
1,275
23
Jan
28
Feb
105 105%
60
Feb
106
Jan
...
43% Mar
'
$1.30
preferred
Iron
_
Foundries.:
Canada
Safeway Ltd
Canada
Steamship
%
1st
:
pfd
common
preferred
.
_
100
i
•
25
..50
Breweries
Canadian Bronze common
page
115
6OV2
'
26
British
Tel: HAnover 2-9250
-
530
*
5
see
21 V
865
1
High
14'
...
Bralorne Mines Ltd
Canadian
For footnotes
23
>
13%.
'■j
__
British
&
,
13%
—
Telephone
Rights
British
all
W. C. Pitfield
Jan.
Low
54%
•
since
Range
High
53%
Beb
5%
quotations
Shares
-50
.Power-%-Sk9i|B: €3*t*
4%%
Canadian securities.
for Week
.100
—
Atlaa Steels Ltd_
4%%.
Fast
Sales
Range
Low
Argn® Cotp Ltd
British
Canadian
Anglo Can Tel
Week's
of Prices
Last
Mar
80%
107%
.1
.
,^r?44S96^ipreferred
High
29%
81%
•
'
stocks
*
Low
28
26%
•
;<•>;
Range tlnee Jan. 1
High
26
Ltd
Aluminum Co of Can 4%
5%%
2nd
preferred
J
Sale Price
for Week
27 %
Steel
Aluminium
Range
of Prices
27%
«
'
'
Sales
Low
•
'
•
Par
Week's
26%
common
v'
Funds
•
Claaa A
Algom*
Exchange
25
preferred
Acadia-Atlantic
_
•
•
1
25%
26%
28
28
85
20^
Feb
29%-
Feb
150
25
al3% ;al3%
25%
104%
13%
Feb
13%
Feb
25
Jan
28 %
Feb
27
Jan
29
Jan
2,017
V
325
Number 5417
Volume 181
The Commercial and' Financial Chronicles
...
43
(1591)
CANADIAN MARKETS
RANGE
Friday
Week's
Last
STOCKS
Sale Price
1
$1.75
Cottons
common
Fairbanks
Canadian
20 %
35
35%
200
21
10
10%
17%
17%
Hydro
Canadian
Companies
Oil
20
preferred
20
100
8
8
9
21
3,938
22
•
18
17%
com
Coghlin
Consol
class
18
715
17
Jan
18%
4.75
Feb
Saguenay Power 4%%
:
Bt Lawrence
3.00 Jan1
a92
15
29%
3,077
18%
2,027
42%
42%
44%
1,655;
18%
18%
100"
a._
7%
Leather
18% Mar
Bherwin
73% Mar
Sicks'
73% Mar
7% Mar
15
8%
distillers
28
28%
298
26%
Feb
16%
17 %
935
16%
Jan
29
6,003
•:i'
% a44%
.225
■
Feb
Dominion
Dairies
5,205
18%
4,055
a7%
125
12%
200
30
Steel com
&
Breweries
Glass
Dominion
T/c
Mar
48
preferred
Pont
Du
13
Mar
Jan
6%
6% Jan
/;•
16
Jan
16
1,900
17% Mar
21%
9,553
45c
75c
33%
Feb
Jan
16
16%
6.520
16
Mar'
17%
31%
32
205
16%
:
28%
104%
Feb
Jan
50
Jan
54 Va
40
53
Jan
54%
Jan
275
45
Feb
48
Jan
325
27
Jan
28%
Feb
Feb
Limited
Zellers
Jan>
27
18 %
'
Jan
18
% Apr
38
25
37
Jan
39
Mar
45
45%
55
43 ■?
Feb
47
Mar
43%
45
2,604
41%
Jan
46%
34
34
385
32
Feb
35
4.90
5.00
10,450
145
145
16
15%
15%
770
14%
13%,
13%
13%;
575
12%
68%
66%
68%
1,468
66%
5.30
5.50
2,100
4.80
Feb
80
86
43%
'
4.95
83%
"
mmm«-
.
al3
5%
common
"
'
'
104
35
a27
5
52%
25
43%
10
Jan
12%
Feb
375
23
Jan
24
Jan
3,070
6% Mar
8%
Feb
Montreal
10
43%
140% 140%
35
140% Mar
Jan
Nova Scotia
10
55
143%
27%
27%
28%
475
25%
Jan
31
Jan
25%
25%
25%
770
25
Jan
26
Feb,
24%
a96
a96
Jan
Royal
Toronto-Dominion
Eddy Paper Co class A pfd
.20
39
38
40%
855
33
Jan
14%
14%
15
1,365
11%
Jan
1
28%
28%
29
987
26%
Jan
29
•
22%
22%
23%
2,155
17%
Jan
24%
•
26%
26
27
7,030
25
Jan
105%
Feb
Feb
Jan
19
Mar
80c
Mar
lc
Jan
Jan
105
25%
Jan
28
52%
Jan
53% Mar
101
*.
^
Feb
1,145
56
218
53%
Jan
753
36 %
Jan
41%
1,137
39%
Jan
14%
al5
122
13%
Jan
15%
501,1, Feb
48;+, Feb
a
43
.10
51%
51-%
52
1,012
50
44%
44%
44%
43
43
57% Mar
40%
Feb
44
,
Feb
Jan
10
28% Mar
Feb
46
Mar
44
38%
Feb
15% Mar
-
Feb
Mar
86
Jan
40% Mar
_1
Corp
Jan
6.05 Jan
40%
al4%
Imperial warrants
Electrolux
70
55
40%
10
Jan
29%
100
13%
Jan
38%
10
Commerce
27
Feb
Jan
.
Canadienne
•
24% Mar
Jan
15% Mar
Banks-
•
98
Jan
Mar
146
12% Mar
3,266
52%
3,665
5
Jan
Jan
104
79
15c
52%
7%
2,628
110
al3
50
10%
v
Feb
5.70
Jan
58
a27
100
pfd.
23%
27
20%
Jan
425
104% 104%
—
23
•
4.35
145
104
■'i
*
7%
com
28
'
10%
Preferred
Feb
27
23
.
Feb
52% Mar
100
—
_*
100
preferred
4%%
•.'*
'
27
18%
38
'•
70% Mar
55%
575
,
7%
10%
•
:
lc
Winnipeg Electric
33% Mar
:
28
Rights
17% Mar
Feb
50%
230
*
Gas
Winnipeg
41% Mar
17%
103
preferred
Central
4%%
Feb
Mar
5,211
52%
■'
*
•
Weston (Geo) common..
Feb
56c
160
.
Sec
Mar
67
52%
'
Corp
Gooderham & Worts
Walker
Jan
18%
275
ltd
Canada
of
65
j,, Mar
66
JLOO
pfd____
Western Leaseholds
Feb,
17%
...100
Donohue Bros Ltd
Dow Brewery
645
31
103% Feb
51%
\
'
•
,
Jan
27
23 Mi
Red preferred
1%
12
38%
•
Mar
13%' Jan
Jan
54%
—f~
.II*
T/c
Cotton
Wabasso
Jan
38
Dominion Textile common
:
common
Ltd
Tobacco
Steel
United
10%
17%
Dominion Tar & Chemical common
i
103
29%
—
Oils
Tuckett
•
•
56^
11% Mar
14
"":
Stores
Thrift
Jan
20
Ltd
Stores
Jan
Mar
.
51%
Jan
104
Dominion Steel & Coal
Dominion
Jan
43
50
46 % 1 46%
•
30
18
20
*
—
30;
„
15%
Ltd
Bteel Co of. Canada
V
104
common
preferred
115
•»—
*
18
,.100
.
400
.
18%
Southern Canada Power
53 c
55c
Preferred
53
—
V—
*
*
common
ctfs
trust
Southam Co
7% Mar
11
18%
•
Feb
Jan
31
27%
Feb
Apr>
18% Mar
r.34
a6%
al5%
preferred
Dominion Foundries
a6%
al5% al6%
a6%
16%
11%
465
31
com—•
■*
Canada
of
Jan
30
30%
18%
a7%
12
*
101% Mar
26
55
28%
52%
50
4%%
Simpsons
a._
18%
•'
common—.—
27%
*
•
10%
<
44% Mar
10
a7%
30%
pfd:
Corsets
Dominion
i 5%
6%
12% al2%
Jan
44
103% 103%
cdmmon—•
50
33
Jan
7% Mar
10
•A
a8
a8
•
25
Bridge—
Coal
Jan
•
a 44
tieagrams
Dominion
Dominion
100
.100
pfd—
preferred
Williams
Voting
Jan
16%
Jan
7%
•
A
65
Corp common
4%
A
Class B
47% Mar
30%
7
Series
Jan
7%
*
class
Ltd
101% 101%
'49%
Shawinlgan Water 81 Power
Jan
18% Mar
30
29%
•
Co
Jan
101%
--
Triad
Davis
48%
Royalite Oil Co Ltd
31% Mar
445
16%
a._
21
1,225
15%
29%
-W
17% Mar
73%
73%
...
28% Jan
,
7%
Crown Cork & Seal Co__.
Feb
Mar
Mar
47%
Jan
5,545
*
a92
•
56%
44
40
1,103
all % all %
3.60
15%
A.
Jan
4,897
Feb
7%
Glass
Consumers
^orbys
523
47%
common
Jan
18%
•
Paper
Mar
28%
._*
.
Rolland
9
24
15%
Smelting
&
Textile
53 %
46
a
23%
.*
Mining
Consolidated
42%
52
28%
Jan
•
J)
(B
42
47%
Power.
21
25
Equipment
Farm
42
52%
'
_
cocKsnutt
Quebec
19% Mar
18%
pfd
1
High
.100
preferred
Provincial
Transport
650:
28%
Railway
Low
*
Canada
4%
Jan
Range since Jan.
High
Jan
Mar
3.519
19%
18
22 %
Mar
Shares
•
Company
of
Corp
Price Bros & Co Ltd common.
12% Mar
Jan
Apr
20
21%
22%
Mar
8%
21
__
__
Pacific
Canadian Petrofina Ltd
Jan
17%
21%
—___100
25
10
Canadian
Vlckers
•
Canadian Western Nat Gas 4% pfd_20
Chrysler Corporation
:
*
4 '7c
Canadian
37
35
•
Locomotive
Canadian
Power
Feb
River
Powell
Mar
25
10
•
—*
•
Carbon
Industries common
Canadian
Jan
23
Apr
625
•
3.20
Canadian
Jan
Jan
1,615
Low
*
for Week
Range
of Prices
Par
High
Sales
Week's
Last
Sale Price
1
21
460
2,380
17%
APRIL 1
20%
23
21 %
com../—*
Morse
Low
22%
_
Jan.
Range since
20%
*
Chemical & Cellulose
ENDED
Friday
High
20%
——25
series
Canadian
Canadian
WEEK
STOCKS
Shares
21
»-•
Celanese common
FOR
*
20%
•
20
Class A
Canadian
of Prices
Low
Par
Canadian Car & Foundry common
Sales
for Week
Range
(.
Feb
■
;{f;
v-f
ore- ■
Famous
Canadian
Players
Corp
Foundation Co of Canada common
Ltd
Co's
Fraser
common
•
30%
29%
30%
1,370
27
Jan
100
110%
110
111
82
110
Mar
..
100
all3
.
•
Gatineau Power common
5% preferred
;
5%%
preferred
General
Bakeries Ltd
General
Dynamics new com
General
Motors
Lakes
Gypsum
Howard Smith
$2.00
Imperial
6%
$4.50
Inglis
Intl
32
33%
1,895
29%
Jan
54
55
425
52%
Jan
60
33%
33
33%
2,830
52%
52%
50
Jan
34
50 V*
Jan
Jan
56%
58%
3.008
52
36%
4,783
35 % Mar
10%
10%
10%
9,917
10% Mar
7%
7%
7%
58
56%
Canada
common
•
100
4
55
Jan
134
6,715
30
a6%
10
86
86%
129
a6 %
,*6
:
6%
Feb
Ltd
*
Canadian. Dredge & Dock Co Ltd
*
Canadian Gen Investments Ltd
___*
Canadian Marconi Company
1
Canadian Silk Products class A
:.*
Canadian Western Lumber Co
*
Canadian Westlnghouse Co Ltd.
*
Catelli Food Products Ltd class A—*
Claude Neon General Advert class A—_*
Class B
*
Preferred
100
Combined Enterprises Ltd , common—*
Consol Div Standard Sec class A
*
Preferred'
—*
Consolidated Paner Corp Ltd
*
Feb
Apr
14
Feb
7% Mar
65-'" 'Feb-
.
135% Jan
Jan
6% Mar
80
Jaa-^i
.88%
-
Feb
'
•
26
26'%
246
25
Jan
29
Jan
•
!
Power
26
126
126
126
65
125
Feb
137
Jan
34
■
34
——25
i
&
35
-460
34
;34-
International Utilities Corp common—
.34
350
-26.%
27%
23
.27%.
23
33% Mar
38%
Feb
34
,
37%
Feb
Mar
V'30% Jan
;:.,>.;.l,725uV
Malting
Canada
Limited
Labatt
Lake
of
the
1
Class
fJxn
Jan
22% Mar
David
44
Jan
48%
Jan
12% >Jdn
12
18%
18%
*155
18% Mar
*
18%. Ma i£
12%
i
1,025
22% Mar
•
13%', Jan
3
class
Acceptance
A.
13
a23
2.20
21
21%
25
a23
2.20
25
■>
f
Lower1 St
....
—
21
Power
Lawrence
100
.
Jan
26i
2.20 Mar
200
\
.
18
•
Jan
Feb
■
C
Jan
East
& Bloedel class B.
MacMillan
Mailman
t
5%
preferred
Molson
i
35
Co
50
*.
22
26% Jan
2L
.
5
89
9
•
'
,
33
36
Mar
20
,
.
23
800
25
25
23%
23%
V 655
22%
16
16%
2,945
16
18%
18%
480
105
•
class A
105
25
25
16%
common
4% % preferred
„■
"102
Jan
Jan
24
Grain
Steel
National
Trust Co
Mar
Mines
Niagara
Nor^nda
Manuiacturing Ltd.
class A—:
Foreign Power Sec Corp Ltd com
Hinde
18% Mar
105%
Jan
oguvie
Ontario
Mar
38
Mar
Jan.
40
Mar
88%
88%
1,102
80
Jan
92
Feb
a94
22
92%
Jan
94% Feb'
pfd
35%
36^4
26
26
20
67%
35%
Flour Mills common
Steel Products
Penmans
Mar
38
37%
a94
Ltd
Utilities
Page-Hersey
Feb
26
25
,
68
311
26
Tubes
375
45
common
Jan
28%
•
42%
Feb
Jan
Jan
46
Jan
30% Mar
34
Feb
44
HART
&
STOCK
STOCK
125
.22
22
22%
926
79
79%
90
20%
20
21%
1,305
30%
30%
30%
6%
6%
7%
105
V 116
Jan
21
30
Feb
7
3,685
6
7%
7%
25
13
13
212
80 % Mar
Feb
Jan
100
22% Mar
-
; —
Mar-rt
31% Mar
,,
k
.
.7% Jan
10
Jan
Jan
13
Mar
70
Jan
26
Jan
7% Mar
12%
61
62
275
57 %
Jan
25%
25%
200
25
Jan
3.60
3.70
107
3.60
3.60
700
3.60
Jan
3.70 Mar
Feb
3.60
3.70
Jan
I 22% Feb
Mar
68
15%
Feb
Feb
.
5.00
4.00 Mar
,.
Jan
3.60
'
Feb
80
80
50
58%
Jan
80
al4
al5
30
11%
Feb
17% Mar
75c
75c
293
75c
Feb
95c
25
25
25
78
25
Jan
64
62
64
4,753
61%
Jan
69
262
54%
Jan
68
66%
1
Jan
Jan
69 % Mar
'
51
Jan.
50
Feb
'
25
€8
,
Feb
51
51
51
25%
24%
25%
275
22% Mar
13
13
200
13
Mar
17
Feb
34
34%
650
33
Feb
38
Jan
60
Jan
60
Jan
34
60
60
25
4.50
4.50
200
a35% a35%
15
„
''
28'A* Jan
4.00 Mar
Jan
4.50
Jan
28%
27
Feb
2.15
Jan
1.80
Jan
2.10
2.10
5,900
108
105
108
\ 511
100
Jan
112
47
50
17
45
Mar
60
Feb
a58
*
Feb
60
*
Mar
50
•
•
2.00
Feb
__
a58
5
60
alO% alO%
25
a__
50
—
Feb
10%
a
10%
Feb
a60c
125
'
—
17
17
25
12^
Mar
17
43%
43%
50
43
Mar
43% Mar
Canadian
a5%
a5%
20
5
Feb
-*
———"
Co Ltd class A—*
Investment Corp...1
&
Power
MacLaren
a75
205
*
Paper
Ltd
4.25
4.25
100
100
alOl
alOl
8
a75
Co—_—*
—
Oil 4% pfd
Melchers Distilleries Ltd 6% pfd
Paper Co Ltd
Mexican Light & Power Co Ltd
Minnesota & Ontario Paper Co
.10
a—
a__
—
Apr
6
Mar
68%
com..*
56%
5
Jan
74
Mar
4.25 Mar
4.25 Mar
100
-Jan
102 % Mar
Jan
525
10
160
10%
160
56
131
11%
250
56%
58%
480
alO% alO%
Jan
11%
162
Jan
Mar
Jan
9%
48%
12% Mar
Jan
59%
Feb
a38
5
34
34%
105
31%
31
Newfoundland Lt & Pwr Co Ltd—__10
a38
34%
& Storage Ltd....—*
Coruoration Ltd com
•
31
31
330
27%
Jan
31%
51
Mar
52% Jan
Jan
52%
Montreal Refrig
Moore
a74
11%
a
*
Mersey
Quebec
Northern
Red
1st
f
s
of
Corp
1st
Power
Dfd
Co Ltd—
Canada—
preferred
cum
non-cumul part 2nd pfd
a_.
».
(Can)
Ltd
Industries
common....
Montreal
Telephone PL-9501/
Canada
al6%
Ltd
pfd.
Standard Clay Products Ltd——
Southern
Power 6%
285
•
51
72
72
100
66
49
275
37
15
600
15
1.00
1.10
685
a22
1.10
Reitraans
55
52 %
15
72
52%
49
—
52%
52%
50
100
^...50
common
Russell
West|
545
4.00
4.00
Rights
EXCHANGE
230 Notre Dame St.
107% 108%
108%
^pr
Mar
16%
.
,
a55c
Maxwell
New
EXCHANGE
CANADIAN
Jan
Quebec Telephone Corp old com.-
STOCK EXCHANGE
TORONTO
14%
17
—
6%
MONTREAL
4,130
aGOc
B
6%
SAVARD
15
13,
;
Groceterias
Class
Interprovincial Utilities Ltd
Power
MEMBERS:
14%
15
1.15 Mar
fa
—
Jan
35 Va Mar
26% Mar*
73
67% Mar
55
&
vid.il
23%
465
30%
30%
Placer Development
45
•it
Jan
*
W) class A
Royalty class A—
(Frank
Ltd
Loblaw
35
1,405
"38
Jan
11
alO% alO%
Paper Co Ltd
Dauch
&
Horner
Inter-State
London
Mar
87%
Ltd
Mines
Northwest
*27
38
.10
11
50
.
Mar
26% Mar *
39%
26
26%
Corp
Ltd.
10
al3
*
Ford Motor Co of Can
25
39
Car
12%
al3
100
Power 7% pfd
Products Ltd—
Co class A
McColl-Frontenac
National
12%
Engineering
Kootenay
Federal
25 % Mar
,
Mar
Feb
Mar
37
17% Mar
104 %
'
36%
.
Feb
Jan
Jan
10% "Jan
Jan
J
12%
90% Mar
Jan
j,
.
21",
Feh
835
3.J
3.2% Feb
Jah
101/ Mar
930
:
'Jan
200
22%
...
:
10 a**
36
22
B
Locomotive
&
Mnfsn
34
35
Breweries
Class
101 101%
101%
34%
!
Oil
(Robt)
Montreal
.
S)i._
(J
Mitchell
3
100
Frontenac
Mitchell
3,570 7
.
n 1/., ;
g3/„
9%
Preferred
MrCoii
.
a90% a90%
.100
^
Ma ssev-Harris-Ferg uson
i
32%
a21% a21 %
priority..
Ltd
Corp
&
Eastern Steel
Fleet
"
31%
31%
90c
40% /Feb
12% Feb
10% Jan
1,450
Dominion Magnesium
Dominion
21% Alar
,
3,355
1.05
f
2.30 Mart"
:
680
11%
1.00
class A
50*
Works Ltd..—*
Ltd
*'
Oilcloth & Linoleum Co Ltd.*
Dominion
12
45%
12
v
Jan
40
11%
Frere Limitee
21%
8
45%
',525
36%
39%
—5
Corp
'
I
Low
Mar
•
B
Warrants
23
12
Lang & 80ns Ltd (John A)
Secord Candy Shops..
\
17:
*
"-'•101
a22
a21%
v125.,.
: %
45%
common....
Laura
Liiurentide
•
a21%~
John)
Woods
•
.
w
Jan.
Range since
Shares
High
1.00
Co
Zellerbach
Crown
1
Service Ltd com.
Public
Jamaica
Bifr
'
11%
1
Co
Hosiery
Butterfly
'•
for Week
of Prices
Low
•
104%
Mar
63%
Ltd
Canada & Dominion Sugar
58%
Feb
135% 135%
1
7.bO
International Petroleum Co Ltd
Interprovlnclai Pipe Lines
100
Feb
Jan
7% Mar
Jan
6
preferred
11%
102% Mar
11
62%
,_5
—
160
500
1st
conv
60%
Jan
11%
t5
1
*
40-
•<
Jan
49%
•
11%
63%
common
7
1,970
6
*.
*
com
1,395
103% 104%
104 %
11%
Preferred
Paper
%
58
Feb
common
Company
Brown
52% Mar
35%
Powders
Arcan
Corp
Ltd
*
Belding-Corticelli 1% pfd—100
Belgium Stores Ltd 5% pfd
20
Feb
30
-•
5
Anglo-Canadian Pulp & Paper
Anglo-Nfld Development Co
35% Mar
54
common.-*
'
100
Corp
Preferred
} Preferred
Jan
58%
________
International
Feb
11
£1
Bronze
International
Mar
98
33
•
__i
(John)
of
80
Feb
Sale Price
Par
Jan
i;0
Sales
Week's
Range
Last
Feb
8%
9% Mar
36%
•
preferred
Nickel
Mar
91
common.5
Canada
Acceptance
International
48
20
745
115
Jan
•
preferred
Industrial
9,806
10
Jan
7%
50
•
Imr>*rial Tobacco of
?
80
9%
112
•
Paper common
Ltd
Oil
71
a91V4 a91%
9%
•
preferred
Bay Mining
Hudson
200
•
Alabastine
&
15
7%
75%
•
Paper Co Ltd
Lime
all3
""
Funds
Friday
STOCKS
Jan
7%
3
^
common
Canadian
30% Mar
all3
5
General Steel Wares
Great
.
Canadian Slock Exchange
Feb
112
ba
:.
Mar
a22
15
220
al6 a 16%
72
Jan
52% Mar
Mar
Jan
15% Mar
'
144
.100
-100
--
140
Feb
Mar
Jan
1.00 Mar
19%
Feb
Feb
15
Mar
1.10 Mar'
22%
17%
145
Jan'
Feb
Jan
143%
144
135
10%
10 Va
150
10% Mar
75
Jan
75
Jan
41%
Jan
49
Mar
45
Jan
48% Mar
10% Mar
•
*
Local
Branch:
1203
Branch
.
QUEBEC
For
-
•
82
William
see
page
47.
Square
Tooke
-
SHERBROOKE
-
Bros
Traders
Office:
CHICOUT1MI
-
ST. JOHNS, P. Q.
Ltd
Finance
red
red
pfd/—L.
Corp class A
*
•
40
•
preferred
Oil Pipe Line
of Canada Ltd
•
United Corporations class B—
*
Vanadium Alloys Steel Canada Ltd—*
5%
St, New York City, HAnover 2-0578
TROIS-RIVIERES
footnotes
Phillipk
Trans
Mountain
Union
75
203
46%
47
2,045
48
48
530
75
46%
31
1,876
41%
115
al7% al7%
31
Gas
15
6%
.*200
29%
40 3A
6%
6%
•
27% Mar
40% Mar
a__
5%, Jan
36%
Jan
46 %
Jan
a__
6% Mar
V
44
The Commercial and Financial
Chronicle...
(1592)
Monday, April 4, 1955
CANADIAN MARKETS
RANGE
Friday
Canadian Stock Exchange (Cont.)
STOCKS
'
WEEK
ENDED
APRIL
J
Friday
for Week
Range
Sale Price
FOR
Sales
Week'*
Last
of Prices
STOCKS
Shares
Range
since
Jan.
Week'*
Last
1
Sale*
for Week
Range
Sale Price
oi Prices
Shares
Range since
'
Pat
Waterman
Westeel
(L E)
Products
Western
Wilson
Windsor
(J
Low
12
850
23
Ltd
5
23
a23
a23
6
Ltd
a28
150
J
a28
13
Jan
22%
200
„
Feb
J tin
23
Mar
23% Feb
5% Jan
28
10
23 V2
30%
Feb
6% Mar
Jan
Feb
Jan.
1
V
High
11%
1
6
Breweries
CI
Hotel
High
12
Ltd
Canada
Ltd
Low
Pen Co Ltd
Par
:
Tache
Lake Mines Ltd
Tandem
Mines
Mines
lazin
Tlblemont
Tobrit
Ltd
1
Silver
12c
High
11c
Low
18c
51,800
Fields
Ltd
12c 12 %c
14c
18c
-■>«—
6c
6c
Trebor Mines Ltd
3,OJO
1.25
1.20
1.25
12c
lie
13c
Jan
18c
Ma;r
Jan
12 %c
Apr
18c
10%c Jan
4
Apr
9,000
y4c Feb
8%c
Feb
1.20 Mar
4,u0j
1
—
7c
3,50'J
1
High
9c
164,200
1
Lid—
Mines
12%c
17%c
Lta-.
Gold
Low
1
1.45
Jan
14c
Feb
20c
Mar
10c
Jail
10c
Jan
Mining Stocks—
Aconic
Mining
Algom
Uranium
Alta
Mines
Ltd.
Mines
3.75
Jan
5.50
800
14 %
Jan
20% Mar
9c
Jan
26c
Feb
41c
Jan
3.70
39c
44c
3.40
Ltd
18c
3.35
3.60
7,100
3c
Mines
Mines
2'/ac
3c
16,000
2c
40c
Ltd
192,000
17c
3.05
Jan
Mar
Mar
3c
Feb
Apr
9c
8%c
9c
15,200
7c
Mar
11c
Jan
!_
52c
51c
52c
1,000
43c
Feb
53c
Feb
Metals
Ltd..
Corp
Sulphur & Iron—
Alias
16,500
Apr
Sulphur Mining Corp.
Arnora
Ascot
23,275
16c
Anacon Lead Mines Ltd
Arno
5.50
19 y.
Ltd
Ameranium
Uddlen
4.50
18»A
5.50
Co
27c
22c
Jan
15c
2,500
Feb
45c
Ltd
Mines
Montauban
Ventures
Band-Ore Gold
Mines Ltd
a2V2c a2'/2c
Baska Uranium Mines, Ltd
65c
Boreal
Rare
Bouscadlllac
Bouzan
Gold
Gold
Brunswick
Buffalo
Min
20c
vtc
Ltd
L.
Corp
Mines
3,600
4,000
20c
58,000
2.50
2.70-
17C
4%c
24c
7c
Ltd...
11%
Ltd_-_.
Uranium
Mines
Chibougamau
Canadian
Lithium
•
42c
1
Ltd
Mines
49c
Ltd
2.50
24,650
7c
149,500
Gold
2.40
..
Met Explorations
Carnegie Mines Ltd—.
I
1
Mines
Ltd—
Manitoba
Mines
100
25c
12,000-
Ltd
ViolaMac
Mines
12c
•
-10
Jan
.12.
Mar
-
23
Mar
25
Mar
26c
Mar
42c
Apr
25c
Jan
55c
Mar
1,500
2.45
2.45
102,700
25 c 30 %e
4.20
80,750
1.75
21,200
2%c
:
2%c
21c
2.25
334,434
15c
7%e
86c
7,200
17c
14c
18C
192,460
7.80
7.70
8.10
14,700
Copper Cliff
Consol
Copper-Man
Mines
East
1
Zinc Mines Ltd-:;
Co
Feb
18c
Mar
8.35 Mar
1.30 Mar
1.70 Mar
12c
Feb
214c
Feb
1.95
1.65
2.05
62,900
40c
10c
12c
16,500
9c
36c
20c
Ltd
6.15
40c
514
1.00
22c
1.00
25,8 JO
3.05
11,700
80c
2.60
,
Mar
900
75c
167,700
26
25
26
390
Ltd
1
1.85
2.00
1.40
29 c
22,050
10c
10c
1'2C
148,000
14c
16C
10.600
Wendell Mineral
Western
Tungsten
Westville
Mines
-1
Ltd.
Products
Mines Ltd_l
Copper
Ltd
—1
2%c
2%c
3c
1.10
1.15
a39c
Mdtal
Mines
Ltd
39c
Frobishet
Giant
Gul
Por
Gulch
Gold
Uranium
Uranium
Mines
Mines
Mines
Ltd..
Oils
Ltd
Metals
Ltd.
Anglo
American
Explorers.
J-
al6c
aloe
*
4.85
4.75
4.85
1
44c
42c
49c
Bailey Selburn Oils & Gas class A
1
Petroleums utd
-25c
8.40
8.15
8.50
65c
69c
■
16%
16%
5.55
5.j5
2.00
2.00
Calalia
Calgary 9c Edmonton Corp
•
—
Caivan Petroleums Ltd—
Oil Lands
Canada
Consolidated
--
Ltd-warrants—♦
Ltd—;
Allenbce
Oil
&
-
Oils
New
British
& Dominion
;
KVnmavo
Ltd
1
Exploration
Oil
Ltd
18
1.00
3.05
Keyboycon
Oils
Trlcan
Kontiki
Lead
Labrador
26c
17 %c
27c
26c
25c
28c
-1
Ltd
Ltd
Meta
Mines
Molybdehite
Corp
Oils
Ltd
Wesiburne
OU
13c
12c
14c,
3,500
9c
GO'/ac
58c
63c
28c
6«C
Limited
"■
120
New
New
New
New
of
Ltd
Santiago
Nickel
Rim
Nocana
1.
4c
Jan
30c
10'4
10%
12,960
9.10
Jan
10% Mar
18,000
8c
Jan
10c
l()c
5.75
100
18,500
5»4c Mar
17 %c
14c
19c
627,600
5'Ac
Jan
4.55
4i05
1.800
3.25
Jan
42c
34c
44c
300,925
16c
14c
16c
4,700
1<-
Pato
Cons
Perchcourt
Gold
2.65
2.45
2.70
13,400
70 %
70
70%
1.260
79c
75c
82c
44,400
500
65 '/a c 65'Ac
46c
55c
18
1,625
16%
11,000
41c
Jan
2.18
1.90
2.25,
158,175
80c
Mar
14 l/8c Mar
2.70 Mai'
72%
97c
Jan
Mar
1.21
Feb
2.25
Jan
Feb
1.05
-
Jan
18%
Jan
70c
Apr
6c
9c
30c
30c
30c
4,500
'22c
Mar
•39c
Jan
41c
37%-c
45c,
26,000
21c
Mar
50c
Mac
22c
22c.
1,000
17 'A c
Feb
23 %c
Feb
__.i
2.10
1.51
2.15
7%c
9%c
88,525
1
Ltd
.
~
5%c Feb
288,010
9'/aC
5c
.1
3c
Feb
5Vac
6,100
23,500
4.00
4.00
500
3.50
Jan
2,500
36 'Ac
Jan
72c
19%c
15,600
73c
,.18c
1
4.00
21c,
65c
__
1.18 Mar
10c
4.00
18c
22c
30c
42
7.00
9c
73c
Jan
Jan
Mar
15c
Jan
23c
Mar
Mar
65c
Mar.
12,600
2.35
Jan
14,500
16c
252,500
17c
Jan
6.65
7.00
1,975
9c
9c
4,000
4.25 Mar
Mar
c
,
22c
Mar
-
52c
43c
54c
3.90
4.35
.1
allc
a7c
allc
16%
14%
16%
30,845
3.85
3.95
12,700
5.75
.
42c
Feb
7.00
7%c Mar
700
.1
-1
4.25
Jan
Apr
57c
3.95
—
13c
1,000
4.10
19c
1.51
Jan
10,800
65c
36c
.1
Corp^
Apr
13c
.1
Ltd
Apr
1.45
.1
d
2.15
9%c
5VaC
.1
Mines Ltd—
Feb
Jan
10c
i
Mar
79c
1.35
.1
9c
3'Ac
4%c
13c
-1
300,400
20c
34,6k0
1.10
9c
■
Mar
Apr
12c
54c
Feb
Jan
Jan
Mar
Jan
llc
Red
Crest
Rayrock
Gold
Mines
Mines
1.20
Jan
1,200
18c
162,500
9c
Jan
18c
4V8C
5c,
17,500
3c
Jan
5c
2.25
2.70
147,300
•
_1
1.C5
.—...
14 %c
Mines
Ltd
—1
8onia-Duvernay Gold Mines Ltd
1
Stadagona Mines (1944) Ltdu—_—.
Standard Gold Mines Ltd—
—1
Steelqy Mining Corp Ltd
1
8teep Rock Iron Mines Ltd
—1
5.10
For
Mines
footnotes
see
—1
page
47.
-
3c
500
Feb
2.90 Mar
2%c
Feb
82c
Jan
36VaC
17c
8.9")
4c
Mar
9,300
2,300
45c
1,000
40c
Mar
78c
7-80
Mar
82c
Mar
Mar
1.12
1.52
15c
184,363
6c
Jan
15c
Jan
75c-
Jan
Gas &
1
26
26 y4
9%
8%
Jan
29%
Feb
475
25 y«
Jan
26%
Jan
9%
2,681
8%
Jan
9%
Feb
23
23'/a
55
23%
Feb
103
103
50
12 %c
14c
13,320
11c
Jan
16l/2c
17c
5,600
15c
Jan
10,800
58c
'
12 %c
.1——
'
■'
58c 65y4c
„•
_
Knife
-"
25c
—
Alberta Pacific Cons
Algom
Uranium
Mar
83c
J&n
3,420
57c
Feb
70c
jkrjy~
84c
9,800
78c
Mar
22c
Mar
•
Aigoma
,
Aluminum
2nd
1
_
Canada
of
Ltd-
Rouyn
&
Ltd
4.85
conv
2nd
pfd class A
55c
Steels
Atlas
class
Yellowknife
16c
Feb
19%
Feb
5135
Jan
147,600
29,800
200
4c
5c
12,700
1.00
1.05
93,000
85c
Jan
54c
48c
55c
12,350
45c
Jan
23
__
22%
23
19c
46c
52c "
54 y4
.
20c
26
6c
3%c Jan
20%
1.25
53
12c
Jan
116
55
Feb
Jan
Mar
Mar
41c
13%
175
13%
14
1,175
17c
500
20c
26c
19c
Jan
54 V2C
Jan
13% Mar
15
Jan
13%
Apr
17
Mar
12c
Feb
17c
Mai-
26c
Mar
_
—
B&gamac Mines
10c
24,500
7%c
Jan
11 %c
Jan
17 %c
lfc
14,500
16c
Jan
26c
Jan
14c
IIV2C
14c
36,300
17c
Jan
1
2.00
2.15
2,550
8%
mil
Ltd
11 %c Mar
8 y4
180
11c
12c"
39,000
11c
Mar
27,200
13c
_
Feb
•
2.25 Mar
2.00 Mar
'
•
common
Mines
Jan
8c
18»/2c
1
_
6%c
8c
1
_
174,100
1
„
Aunor Gold
12'c
8% Mar
1
13c
13c
14c
Bailey Selburn Oil & Gas class A—_1
8.55
8.25
8.55
Banff
50c
2.35
2.27
2.45 '
1
41c
40c
_1
10 %c
7%c
10
43%
43 '/a
44
962
43
55
54%
55%
880
53
.
,
Mar
10
Jan
_
Oils
Bankeno Mines
Bank
of
—
—
Consolidated
Montreal
of
Nova
4.75
1.34
Scotia
—
r
_
5,52).
Jail
5.25
Apr
3%e Jan
4y»c
Gairdner &
JL
40 Wall
,'1;000
20c
Mar
34c
Jan
221.100
16c
Jan
48c
Mar
6c
Jan
7.25
Jan
1,030
48c-
13c 17'/4C
65,000
8.60
9.10
9,515
6.95
8.10
34.400
Jan
19c
Jan
6.75
Jan
9.00
2.05
Jan
2.78
9,846
63,836
.
40c
6'Ac
Mar
Jan
11c
Apr
46%
Feb
57% Mar
Company Inc.
Canadian Affiliate:
Company Limited
5.15 Jan
17'/iC Mai'
9.10
,
Apr
8.10 Mar
Toronto Stock Exchange
Canadian Stock Exchange
SECURITIES
Montreal Stock Exchange
Winnipeg Stock Exchange
Vancouver Stock Exchange
American Stock Exchange
(Asaocute)
Wire system to all offices
Feb
49c
Members:
CANADIAN
Feb
Mai-
Street, New York 5, N.Y.—WHitehall 4-1656
Gairdner &
Feb
4c
30c
Jan
15c.
9,843
49c
lie.,
10
lo,500
,
The Investment Dealers' Association of Canada
5.25
-
Feb
Jan
Jan
Mar
195,000
Jan
23%
Mar
205,700
Mar
Mar
80c
Feb
105
17 c
13%
79c
15 %c
Feb
Jan
580
15c
50c
13%
Mar
8C
200
53%
53 y2
38c
21%
1,430 *
114 114 'A
18 %c
_1
—
„
Aumaque
Bankfield
Feb
Mar
55% M-ar
Jan
10c
1
River
Electric
Jan
Jan
1.05
—
Mines
.
Feb
1.30
3.75
5c
•
_
2.00
Jan
79c
10
Atlln-Ruffner
Jan
Mar
Jan
24 V*
50
B
Jan
9c
1
Hardware
17c
4.70 Mar
53
Mar
108'A Mar
Jan
24%
1
Atlas
16
54
V
1
70c
24%
•
Corp
5c
120
_
Gold
Metals
3.00
12,792
54%
16
26%
98c
1.625
4.75
54%
—100
Arjon
Aviiiabona
16 la
4.75
Feb
1.15
71,250
54%
88% Mar
14c
5.05Q
12c
Jan
106% Mar
28,191
10c
•
Ascot
Auto
1.18
3.60
13% Mar
Jan
26
175,313
1.10
*
common
1.65
1.60
3.35
Mar
69%
4,000
1.18
mil
Corp
Aumacho
1.60
Feb
98 y4 Mar
...
49%
-
210
17c
50c
Jan
22% Mar
'j;..
Mar
10
1,235.
3.45
_•
Preferred
97
5,800
.
38c
•
Jan
12% Jan
142
"III
—
Co
Corp
Aubelle
26%
28c
;
6,383
•
Mines
Mines
Ashdown
85
107 107 y4
•
Consolidated
Argus
11 y4
52%
15 %c
—50
Mines
1,060
10
•
Pap
1,500
7,493
51
II—1
Oil
Pulp
40c
19 y4
97%
80%
—50e
Petroleums
Anthes-Imperial
Area
36c
17%
26%
•
Anglo-Canadian
Arcan
2.50 Mar
17%
•
Anglo-American Exploration
Apex
2.65 Mar
Jan
1
Nephellne
Anglo
Jan
1.50
—100
Anacon Lead
Ankeno
1.60
300
pfd_ 1—25
1st
preferred
Cdn
5,235
10 V*
•
—
Amalgamated Larder
American Leduc Petroleums
Anchor
14,000
1.75
81%
•
Co
Amerlcan
25c
2.10
52'/a
-
—
_
Ltd
Jan
22c
—
Steel
Aluminium
1.23
1.80
97%
Ltd
Jan
1.75
1
Mines
Debentures
Feb
Mar
1.80
•
com.
trust
15c
19c
1.75
—
Distillers
Voting
106
62c
"
Alberta
Jan
Mar
60c
'
—
Warrants
22%
103
80c
1
-
•
Petroleums
High
26
23
—
—
Yellow
Loto
5,320
•
Petroleums
Albermont
Bange since Jan. 1
High
28
•
—
Shares
26
—
Oil
for Week
27%
—
Acadia-Uranium
Sales
Range
of Prices
Apr
5.10
%
Feb
67 %c
'
Feb
Exchange
Week'*
Mar
10c
31 c
,i.-,75c
Funds
Low
«
A
1.66 Mar
1.09
1.64
-2Gc
Jan
Mar
1.14 Mar
Jan
85c
1.64
4c
__
Cons
3c
1.07
45c
•
500
8,Uy'U
Mar
_1
S'llH'-an
Class
Mar
5c
2.37
-1
Pherrltt-Gordon
59c
1.20
27%
•
common
1.70 Mar
1.7.0
14c
JAd__
Ltd——
Jan
16c
3.95 Mar
1.63
*
Mar
1.65
Apr
Apr
3.85 Mar
_1
Ltd
5c
12%
<r-10% Mar
Feb
16 V2
11% Mar
-1
Mines
FeS
Jan
4.45 Mai-
,
Uranium
Acadia-Atlantic
Bank
17c
Quebec Smelting & Refining Ltd
-1
Quebec Yellowknife Gold Mines Ltd..
Radiore
4%e%
$2.40
9c
i
~1
Dredging Ltd
Lithium
•
St,
Paper common—
1—25
preferred
Anglo
r
65c
.1
Quebec
44c
Jan
17%
33,000
•
18.250 "■
1 *.c
Last
Apr
5.15 Mar
Jan
18
Feb
Mar
19c
Mar
Ma
Jan
9c
1.35 Mar
68
Apr
6.15
Jan
65c
1
Goldflelds
21 %c Map
5.75 Mar
9c
_IIIl
I*
_1I1_
Ltd
Jan
Jan
8c
Opemiska Copper Mine* (Quebec)
Mines
16%
•
L.
Corp
Uranium
7'/ac Mar
Feb
Rc
Ltd
Orchan
Jan
5.75
50o
Mines Ltd
Parbec
Jan
l
—
Ltd
-Ltd
(1945)
Gold
Mar
16
.
O'Brien
27c
36c
1
Ltd
Lid-
Nudulama Mines Ltd
■'
k.J.
Obalski
Jan
7c
I
Mines--.—.:
Mining
Jan
•
Canada
Mine*
Mines
! Mines
Normetal
Jan
4c
13c
1
Marlon Gold Mines Ltd....
Pacific Coal & On* Lta
Vihtay
54c
9l/ic
l
Formaque Mines Lid
Harricana Mines Ltd
New
.Jan
11,000
5
Ltd
2.85 Mar
34,700
^1
Ltd
Highridge Mining Co Ltd
New
Power
AJax
13c
'
1.55
"
1.20
_•
Par
Abltibl
Akaltcho
30c
l
.
3.10 Mar
Jan
K
Sale Price
Feb
23c
9c
Feb%_.^.
t-.jfa'n.^/j^,-
34c
Jan
STOCKS
Apr.
22'/2c Mar
400
—
Jan
-1.00
Canadian
1.82
2'/4c Jan
57,000
16
3c
400
1,603
—-*
—
Co
Warrants
7%c
16
5.000
4c
1.30
Toronto Stock
17%
5%c Jan
Jan
9C
l
Feb
30c
r
Mines
Mines
Corp
38c
Jan
16c
Ltd
16
Mar
,•
Mining Corp of Canada Ltd
Mogadof Mines Ltd.
New
1.85
23,200
»
10%
Feb
15c
—1
Co Ltd
Mines
Mining
Ufanium
3c
405,905
'
G%c
^.'1'/
i
;-I
:
island Mining Ltd
Merrill
Jan
i
Mclnityre-Porcupine
Jan
1.32
16 %c
1
Ltd
Ltd
Mglnrtic
Maritimes
7%c
■V
r
1
/Louvlcourt Goldflelds Ltd
Marbenor
Jan
78c
Feb
15% Mar,'
2,500
..lt:
Ltd
Explor Co
Lingside Copper Mining
'
Mar
34c
10
61,900
Ltd
.Lorado Uranium
1.30 Mar
140
3c
»
Mines
Mines
Mines
1.09
Feb
2,405
48c
.
Mines
Asbestos
Shore
Lavalie
35c
Jan
7.70
6,200
3c
Jan
Mar
—1
;
3.00 Mar
4.60
Feb
17
-1
Ltd
Mines
Zinc
Jan
a3c
3oC
f
"•'"^lJSlMar!
2.29 Jan
23c
4c
--
.
""
500
14,000
1.00
Jan
a3c
3c
"
10'/a
Development
Jan
25
16%
._1
Ltd.
Mining &
Lafayette
Lake
Gold
46c
Jan
17
46c
Feb
1.15
1
51c
33c
Jan
1
Petrol-Chemical-.
Acme
.-1
voting trust
Mines
Feb
1.82
...
?,60J
Jan
6.50 Mar
.23.%c Jan
Apr
55c
12,20)
1.20
:60c
.
Mar
-
1.45
1.00
Apr
Feb
14%
2.50
'19c
—1
Quebec
Apr
Feb
1.24
2.35
30c
3,200
25,580
2.94
')
Mar
14%
2.35
Jan
2.00 Mar
Mar
1
Mar
6.20
7.00
400
21,900
29c
1.78
1.20
6.45 Jarti
-
r
4.80 Jan
17c
Feb :-
16%
-
>
-
",
Feb
Ja n^'oV
'•-«;"80c
*
5.55 Mar
41c
Mar ••'
8.95
2.00 Mar
I.OJO
29C 29y2C
—*■
«
6,000
40c
Jan
" "14% Feb
'
Feb
49c
-.
Mar"
•
Apr
24c
1.85
100
-
Jan
5.35- Jan
•
:
Jan
7.15
3.0JO
2.94
——-1
Ltd
40c
3.85 Mar
37,500
•;
18%c
r-
4.75 Mar
65c
303
18c
27c-
___•
Ltd—
Ltd
Petroleums
Phillips Oil Co
United
1.75
-1
;
Yukorkfaines
Kerr-Addison
48c
1.17
■•■..■■■.
Ltd
Vi'
.
35c
Jan
42c
Mar
;. 37 c
20O
49c
1.68
Mines Ltd——„j—-1
Apr
Jan
35c-
111,400
-_1
Mines..
Mines
I
'
1.30
Jan
3c
1.15 Mar
18%c Feb
.:
700
.
6.50
30C
27c
1.68
—
Bristol
Paciiic
32 %c
_1
1___.J——_1
New
Norpax Oils &
—1
50
17c
■
Jack Lake Mines Ltd..
Jaculet
Mines
Ltd
.
93c
17c
Jan
30c
2,700
6.50
Gas__—-1
Empire Oil & Minerals Inc
Gaspe Oil Ventures Ltd—",
Jasper Oil Corp
Omnitrans
Jan
13V2c
1.10 Mar
66,200 "
46c
*'
—J—--
Central Explorers Ltd"
2.05
22
100
1.17
in
Jardun
7.00
Feb
56c
2%c Jan
,
16,970
—
Oii Co Ltd
Antone Petroleums Ltd
17%c
14%
Hudson'-Rand Gold Mines Ltd
Inspiration Mining & Dev Co
n,
200
10c
Jan
1.60
Jan
Jan
4%c Jan
4.885
66 %c
Anglo-Canadian
Jan
Jan
2.10
1,200
4.10
4Uc
Klines Ltd
Uranium
0'..'
2.64
1.14
Headway Red LSlke Gold Mines Ltd..-1
Hollinger Cons
Mines Ltd.
Iso
2.50
2.25
1.80 Mar
100
*
—
Jan
Feb
72c
700
Apr
.
Ltd
Tri-Tor Oils Ltd
Feb
5.00
21,500
7.00
Gunner Gold Mines Ltd
•
43c
23%
4.10
2.50
Limited
Yellowknife
Goldflelds
36 »/aC
23%
Nickel Mines Ltd
26
69c
36,300
a30c
Apr
Jan
.
Oil Stock*—
Aitex
Jan
75c
24c
16.500
1-L>
————-—
6.50
Feb
21%
95,500
26'/2C
—
Jan
4.80
28c
10,600
1.29
27c
;
Corp
Friday
Fab
Falcotibridge
Faraday Uranium Mines Ltd
18,000
1.35
Jan
15c
15,250
20c
5.10
51c
1
3 %c
„
16
7,100
6.20 %
..14c
21 %c Mar
13,000
18
18c
5.50
3.05
Ltd
Co
94c
Mar
Mar
10c
Jan
6,700
Corp Ltd
Smelting Refining
Mar
2.10
2,000
16%
Mines
80c
8,800
40C
Feb
4%e Jan
3VaC
Asbestos Mines Ltd
Metals
•
•
3V.C
Ltd
3»/2C
21c
1.70
1
Jan
7yac Apr
3%e
1
Ltd
Jan
12J/aC 12 '/aC
-_v-—T
Ltd
85c
1.54
Ltd
Sullivan
Eastern
1
_•
Ltd—
Explorations
Dominion
Past
Mining
85c"
Apr
2.45 Mar
32c
7%c Jan
22,600
1
Consol Central Cadillac Mines
Ltd_—1
Consolidated Denlson Mines Ltd
1
2.45
Apr
Jan
7%c Apr
7c
Jan
•
1,000
9VaC
2c
18c
5.00
6<c
Pyrite & Copper Corp. Ltd—1
Virginia Mining
Weedon
8.25 Mar
Jan
1.75 Mar
22c
500
7%c
Minerals
Mar
5,000
8%C
Klines
J*U.
-iC
54,100
7VaC
Detta
Jan
MAt
24c
% 7c
42c
8%c
Dome
2.95
Feb
Mar
53c
1
&
Apr
8.10
_._1
Mining
Jan
20c
,'<■
i
18c
5.10
1
Ltd
Mines
Canadian Admiral Oils
2.25
-
1
Centremaque Gold Mines Ltd
Chibougamau Explorers Ltd
Coulee Lead
85c
49c
30c
17l/ic
Ltd_—
23c
42c
2.27
•
,
/ JiCelta Dev & Mining Co Ltd
Cournor
5.75 Mar
;
Mar.
Jafl
7c
Mar
2.75 Mar
Feb
7.70
1
—i—
Canadian
Cortez
45c
-
71c
Jan
Jan.
-
3.50
285.800
11%
11%
■'
25c
Callinan Plin Flon Mines Ltd—
Central
50e
21c
-1
Smelt
Campbell
Cartier-Malartlc
69c
*
&
Canadian Gold
Calumet
42c
38,100
Corp
3%c Jan
2%c Mar
154,000
2.70
Mines Ltd
Mines
300
71c
2,-75
5.75-
17c
_
Mine* Ltd
Metals Ltd
t 2.45
45c
___
Beaucage Mines LtdBellechasse Mining Corp
Belle Chibougamau
62c
2.65
5.20
;;
Lid—„———1
1
Asbestos
United
Zenmac
Bathurst Mining Corp.
•
United
-
Number 5417...The Commercial and Financial Chronicle
Volume 181
(1593)"
45
CANADIAN MARKETS
RANGE
Friday
Week's
Last
Range
STOCKS
Sale Price
of Prices
Par
Barnat Mines
Low
1
Barvue Mines
1.16
1
Baska
Bathurst
Class
1.30
41c
12,000
1.35
92c
1
97c
75c
Hiah
Jan
1.55 Mar
A.
Gold
Chamberlain
Oil
Charier
Jan
Chatco
97c
Mar
Jan
85c
Jan
419,300
61
210
43
41%
43
34c
39c
IV*
7'/a
1
5.75
Research
Chesterville
Jan
Jan
61
Jan
38
Jan
43
Apr
Chimo
25c
Jan
39c
Apr
7c
Jan.
9'/2c
Mar
25c
Jan
60c
Jan
27c
28c
3,700
1.63
1.75
5,300
1.60
Jan
5.50
5.75
325
5.00
Feb
3.45
3.60
21,360
5%cll%c
170,900
Jan
Chrysler Corp
2.75 Mar
7% Mar
8%
Feb
3.45
5.75 Mar
__1
35c
-25
45%
45%.
:
1.25
1.20
1.23
10c
..
10C
Belleterre
Quebec
River
Berens
Beta
r
45c
Jan
79c
Jan
Cobalt
Feb
48c
Jan
Cochenour
45%
Jan
47
Feb
Cockshutt Farm
1.32 Mar
1.18 Mar
300
2.32
2.30
7%c
7,200
Jan
liy2c Jan
Consolidated
Mining
3.40
2.25 Mar
Jan
Mar
80c
Mar
1.83
1.48
1.90
212,700
1.90
2.08
73
74
230
10c 13%c
136,675
11 %c
1.05
_1
1.00
1.34
1.31
13c
10 %c
-
Cooper
95C
95c
95C
500
70c
Jan
,95c
Apr
Colomac
26C
'36C
102,700
21c
Feb
36c
Apr
17c '
20c
283,950
12c
Mar
25c
Mar
Commonwealth
lie
13c
18,830
10c
Jan
13c
Mar
Confederation
Jan
9c
Apr
Coniagas
Jan
14%
Yellowknife
Bevcourt
Bibls
Gold
Yukon
1S%C
Mines.
Bidgood
Kirkland
Biltmore
Hats
Black
—1
class
A-
14%
'
9c
*
•
pfd
Ltd
Uran
Bay
12 %C
v
6%c
25
2.28
22,300
36
36
r
71,900
14%
1.68
2.10
€c
14%
-
Ribbon
Bobjo
pfd
I_50
80
Mines
'
:
__
29 VaC
1
27c
30c
6c
13
109,800
Bonville
Gold
Life
;
Mines
:
Apr
Coniaurum
2.50
Jan
Feb
Conro
Feb
Consolidated Allenbee
21c
Feb
32c
15VaC
Jan
24c
:
Traction
Tank
&
Brilund
18c
16C
87,500
Jan
16c
Mar
Consolidated
Bakeries
13c
144,500
5'Ac Mar
14c
Mar
Consolidated
Beliekeno
2.45
2.65
8,197
2.45 Mar
Jan
Consolidated
Central
"
2.65*.
1.00
1.05
8%
8%
9
6c
710
8%
1.00
15,949
2,903
3.00
1.00 Mar
>
:
Jan
1.36
Jan
8%
Apr
Oil
Electric 4%
4 % (/o
pfd
preferred___
Products
Columbia
Packers
British
Columbia
Columbia
Telephone Co
class
B_
2.40
2.60
2.55
2.9J
208,115
8,203
26%
26
27
5,045
26
95%
95%
183
92
Mines
Consolidated
45c
42c
16c
-
49c
2.55 Mar
3.85
Mar
29%
Jan
96
Jan
4.00
Jan
800-»
3.50 Mar
4.05
Jan
;.143
•
202% Mar
Jan
1.65
Jan
Sl.85 Jan '
42c
Mar
43c
-
Mar
58c
Feb
Jan
25c
Jan
18c
Mir
I4%c
53c
Jan
50%
Jan
Mar
Consolidated
103'/a
Jan
105% Mar
Consolidated
Jan
54% Mar
Consolidated
Jan
11
Feb
Consolidated
12%
12 y2 Mar
14%
Jan
Consolidated Mic
24%
25 »/2
1,397
24% Mar
27%
Feb
Consolidated
46 y»
55
43 »A Mar
46% Mar
Consolidated
Mosher
11c
18 %c
1.12
1.28
29,025
6'Ac
6 '^C
7c
4,30)
5'/2c
Jan
63C
65c
2,000
60c
Jan
70c
2oc
15 vaC
27c
607,200
13c
Feb
27c
Apr
Consolidated
8c 10V2c
216,540
4'/aC
Jan
10%c
Apr
Consolidated Red Poplar Mln
44
475
42 y2
Feb
46
Jan
Consolidated
1
%c
Consol
1.75
Jan
Consolidated
Feb
22c
Mar
Consolidated
Feb
29c
12% Mar
Consolidated
Orlac
Feb
,1.40 Mar
Consolidated
Peak
Oils
7'/2c Mar
Consolidated
Press
class
Consolidated
Quebec
Jan
13c
24,030
Feb
13c
Apr
393,816
21c
Jan
87c
Mar
26'A
25
25
Jan
29 y8 Mar
b6
86 y2
135
65
*
57
57
57%
75
48
*
A
8
8
P.
20
_*
—
,
Jan
86'/2 Mar
Jan
7%
60
8%
Jan
1
Consumers
1
5.40
1
:
5,435
14 V*
Jan
16% Mar
Cosmos
657,600
14'/2c
Feb
43c
Apr
Coulee
16c
5,000
13'/2c
Jan
29c
Jan
5.70
8.20
6.50
4.15
Jan
8.25 Mar
11,520
10%
2.50
1.80
2.25
5.35 Mar
20,820
8.05
Jan
10% Mar
3.50
3.50
200
38%
39%
1,765
30 %
31
119
i—20
—
Canada
Crushed
Canada
Foils
Iron
*
Foundry
&
Cut
Stonej^..
——!
11%
11%
12%
"
13>/a
13 y8
13 V*
26
26
27
174
20
2,450
8%
13
Feb
Feb
22% Jan
Has Jan
x
Crowshnre
15
Jan
Cusco
450
8
Mar
293
66
Jan
Canada
Northern
*
123A
12%
100
12'A
3.70
3.60
3.80
9,000
3.40 Mar
38
38
305
37% Mar
39
34
33%
34
435
33
36 y4
88
240
95
Canada
Southern
Oil
Canada
Southern
63
20
Mortgage
o I
J/a
1.00
1.00
2.10
2.28
1,622
*
25
25
83%
200
1
Petrol
50
warrants
Canada SS Lines common
Jan
Mar
Jan
1.00 Mar
2.10 Mar
20j/2
65
50
Canadian
Admiral
Oil
•'
4„c
45c
4ac
16,266
Canadian
Atlantic
Oil
2
6.20
6.00
6.30
3,730
Canadian
Bank
20
41
41
41%
2,180
39
Canadian
Breweries
25%
26'A
3,503
25
Canadian
British
84c
1.00
30,500
33
l.i'So-
of
B
class
65
*
Commerce
26
•
:
Empire Oils
84c
lOo
Canners
•
common
A
•
.
•
20
,
Celanese
Feb
200
9'/2
81
Davis
Leather
Decoursey
Decalta
14'A
Jan
4.70
Jan
D'Eldona
Jan
Delnite
Jan
Del
Feb
Detta
1.40 Mar
2.74
30
Deer
Horn
Devonian
Canadian Fairbanks common__T
Distillers
Dome
A
Oils
Canadian Hydro Carbons
Canadian
1-88
20
21%
2,530
185
190
3.25
3.25
3.25
19
Canadian
Malartic
•
;
8.60
60c
15%
100
19
Feb
Mar
1.71 Mar
19
7,150
185
*
20 >'
L75
Mar
Jan
Mar
Mar,
Jan
25
Mar
Dominion
Dominion
10% Mar
89c
2.15
23
22%
190
Donalda
Feb
Mar
Jan
660
4.25
Jan
7%
Feb
1.97
Jan
3.00
Feb
44c
8%
16,940
225
38c
44c
25,300
7% Mar
20
36c
Jan
Mar
Dyno
•
common
18
100
Cos
90
18
17%
Mar
Canadian Oil & Gas Reserves
Canadian
Pacific
Canadian
Pipelines
Canadian
Salt
Canadian
56c
48c
Viewers
Canso
Oil
Jan
3.815
28
18%
3,234
17% Mar
20%
Jan
1.85
82,440
Feb
1.85
70,396
1
1.10
1.00
1.10
3,500
Ltd
8.75
8.75
460
12%
12%
50
103% 103%
50
8.75
103'A
42'/2
42%
44%
12
12
12
12
12
615
,
25
275
1.42
6.50
10%
102
Jan
Jan
32
10
Mar
Mar
Feb
12%
104 y4
Jan
Jan
47% Mar
Jan
12
12
Jan
Mar
19
1.01 Mar
25c
14,088
21o
1.00
1.06
12,800
90c
1.15
1.34
25,650
41c
23'Ac
45c
2,136,850
1.49
1.42
1.60
30'/a
30%
5.25
5.35
1,860
18
15%
18%
4,682
21c
17c
23c
21,100
19
17%
19
3,906
53c
57c
Jan
67,545
19
19
210
4.05
100
3.75 Mar
5.25
com.
1)_—
104
-1
corn-
15c
1
1.40
1.45
1,346
1.40 Mar
1.85
3.80
4
10
17,572
3.80 Mar
5.20
&
Chemical
83c
4,600
Mar
1,05
8.40
8.10
8.50
8,320
5.95
Jan
8.50
Feb
1
3.40
3.40
3.40
2,400
2.10
Jan
3.50 Mar
Central
Explorers
1
7.00
6.55
7.50
13,930
4.50
Jan
East
Easy
52
40
4,735
28% Feb,^
10%
10%
23
23
51
25
7%
7%
32c
36c
67,700
30
60
31,876
7
18c
21c
2.15
1.96
2.20
8c
18c
2.40
2.40
2.45
18,250
1
6.15
5.60
6.20
25,045
76c
99c
4.50
99c
12
30
.10
Eldrich
El
12
100
30
3,807
40%
Mines
Ltd
39
38
_1
66c
63c
67c
El
Sol
NOW AVAILABLE
.
.
Jan
3.75 Mar
8'A Jan
j
29
Mar
-70c
Mar
Central
Leduc
•
1.57
1.40
1.80
17,450
Jan
2.20
Feb
Jan
1.00
Jan
1
Corp
Ltd
Oil
75c
75c
.
75c
1.35
70c
36,500
Jan
8c
.
of the Canadian Securities MarkeCs
REQUEST
MUrray Hill 2-4545
V
„
,„in.
a
Central
Patricia
1
81c
85c
Central
Porcupine
1
17c
17C
20c
8,000
16c
Feb
T
86c
82c
94c
69.200
70c
Jan
Uranium
For footnotes
see
page
47.
4,675
24c
Jan
___
1.05 Mar
C O/.
Toronto Stock Exchange
6,it) »
,|W!
West 44th
Street, New York 36, N. Y.
Direct Private Wires to Canada
r
5.00
12'/2
33
1.25
Jan
Jan
Mar
Feb
40% Mar
Jan
The NEWLING CANADIAN LETTER '
21
Apr
Mar
10c
a
Apr
; 99c
10c
8%c
of the
Jan
*,6.20
6%c Jan
10c
Members
2.95
in
64c
4.500
NEWLING
Apr
Mar*"
Feb
18,800
UPON
fl8c
Jan
9c
COPY
Jan
Jan
'
Mar
69c
Feb
Mar
62c
61c
FREE
2.20
Feb
Mar
32%
7'Ac
A fortnightly review
24c
Jan
Jan
Mar
45c. Mar,-
8c
50c
-/344c
30
f 2.40 Mar
15.00 Jan
850
—1
Gold
hjii8%
0
Jan
12,250
__1
-1
Oils
;>
Jan
<•-,.)
:
;>5c
245
95c
-20
A
class
Mines
Pen-Rev
29%
80c
Paper
Elder
.
Machine
Invest
rB4
Jan;
1.02
1,525
.
-4—-
Mar
,25
467,850
4.25
—i
•
17'Ac Feb
276,800
;
o,§<:A12%
Mar on
32c
223,835
15c
1
Mines—
17%
„;3.4
'
33c
25%
18c
Mines
Jan
21% Mar <A
575
25%
'
9%
1,385
4-
1
Metals
52'/a
16,,;jManor,
1,315
Rights
Eddy
Feb
16%
.1
Washing
Feb
r;A 120
32%
Ii
Minerals
Steel
,1.7
13
Mar
19% Mar
23
•
Sullivan
Feb
10%
Mines
East Malartic
80c
104%
Feb
103
' "r S
Feb
.)
16'/a
•
I__11
7.50 Mar
Gold
Mar
S*
31%
I23I50
&
250
Jan
•
Trethewey
Asbestos
Jan
Mar
Feb
17% Mar
45c Mar,/)
2,715
20
52
corn-
common
Jan
4.no
5,90
32
Jan
1
Jan
3a%
;i:|8%
Mar
mmmb
.
Apr
1-90 Jan
i.M
Apr ,i;M
5.00 Mar
16'/a
Coal
common
Textile
40
14 '/a
13
Invest
-50
&
104
13
19%
.100
:
Jan
19
45c
1.40 Mar
16
Jan
1.25 Mar,
Jan*
i 1.74
"i
,
Feb
30'/a
Jan
1.18
_.(;31c
ih,-,
,
Jan
15c
2,124
5.35
i
Feb
1.10
13,400
30'/a
1
Mar
11
4.05
Producers
Feb
Feb
Feb
9% Mar
29%
•
Ltd
10
1.23
2
Feb
32c
94c
Feb
Feb
pfd—2o
-
Jan,
8% Jan
1.00
2.50
(Western)
f
lift
1
22 %c 25 %c
Feb
Feb
139
81,c. ,Feb.
1
Ltd
Jan
1.55
Apr
..
200
94c
Jan
Apr
•
Williston
Gas
84c
29'A
•
Canadian Western Nat Gas 4%
Natural
Mar
Feb
1.65
'
Canso
48c
Apr
18%
100
pfd
Canadian Wallpaper class A
Class B
Canadian
80,850
4.50
28%
♦
Utilities
90
1.85
33'Ac
Co
Canadian
18% Mar
Apr
28%
18%
25
Petroleums
Prospect
Canadian
Jan
90
10
Railway
preferred
&
54c
17
5
4.693
—1
Petrofina Ltd
Canadian
1
1,370
90
3.75
Jan
53,600
8%
85c
J^n> .I,69 'A Mar
6c.ij Jamif.
9c-;. Mar
21c. 1 Mays
n35c
Feb
,54j
49,872
25c
Jan
Jan
F^p<; f/yrf!,.?3c
30c
35,500
30c
86c
Amphi
Eastern
90
3.00
7%c
21c
Mar
.J9c
.
East
Feb
47c
6'Ac
Magnesium
Oils
8% Mar
23
7c
24 %c
8%
Brewery
Duvex
Eastern
3.05
Oils
preferred
Warrants
701
20c
Mines
Economic
Canadian
69,'
Jan
-
5.00
105%pJan^.(i;
Mar
4.10 Mar
9,701
21%
20c
92c
Preferred
Dow
6%
7%
52c
Ltd
Scottish
Dominion
Feb
2.44
21 y2
73,320
8%
Preferred
12% Mar
6'/a
8%
78c
23c
(expire April
Preferred
Feb
2.25
'
2.25
*,
;
34
Rights
Feb
Tar
20'A
*
Locomotive
44
Dominion
8,767
62c
Jan
Jan uurA-i :8c-
r
Jan
4,400
67c
68
^*25 Feb
1.73 Mar
Feb
7c
100
Asbestos
37%
28,850
2,000
1
Foundry & Steel
Apr
70s
1,400
8c
2,910
*
Dominion
34% Mar
1.90
4.75
7c
*
A
Dominion
Steel
60c
4.25
1
Stores
1.85
10c
•
Jan
Dominion
60c
9c
4.20
bi'>{
J^ft,
17,0,' Jan
16% Jm
l%iPeb
11
Maj£
>12%-Jan
35c
Janr.ii,! 0<,?tO3' Apr
7'Ac
5
3,U)QMar
Jan
Feb
Dominion
9.20
5,500
•
Jan
•
_
Canadian' Homestead
7.30
Jan
Jan
845,052
12c
JBJjtyj
1.22 Mar
4,200
Mines
Jan
8%
620
2.03
10c
25c
25
505
11
1.45
125,
Seagrams
23
2,610
11
1.94
Mines
Exploration
Jan
35
1,710
80d
i
Devon-Leduc
Feb
Mar
9.60
17
20c,
,
11c
1
20
10%
16%
30c
Minerals
Feb
Mar
Jan
17
1
Mines
20 V*
9%
•
common
Jan
74
60c
Gold
20%
100
Products
Feb
27,225
1
Producers
475
•
Preferred
29 y2
Jan
149,450
13c
125
Mines
Rio
205
•
Petroleum
84c
Mar
5,395
1.73
12c
•
Corp
Mines
763
21
•
Canadian Dredge
5.80
3.90
1.64
1
22%
3
(DunsmUir)
common.
41c
2.95
3.75
13c
1
39c LMar
Jan'...tj
1.65
100
Jan
°5Mar,^a1W« ^
3.75
30c
class
21%
*
Canadian' Colleries
65
2
•
•
18c
Feb
9c
2.04
l
;_
Brewis
20 3A
—
4,313
D'Aragon Mines
Feb
Mar
20'/a
7.85
-
20%
Ltd
Feb
22%
34 3A
.25
Cellulose
&
20
Patricia
—:
9%
preferred
Canadian' Chemical
20
rights
21
,
203/4
:•
common
32'A
32%
10
Coal—
Mines
Dome
Cable
2,000
45c
Feb
80
•
Feb
12% Mar
9'A
Canada Permanent
136,122
2.30
*
Pershing
28'/a
80
•
2.64
2.25
Feb
$J;j4,05 Jan
rvL9Q, Apr
Jai^n^Aj LOQ M*r
Mar
{ni|j .gp^tMar
61c
1
Zellerbach
8 3A
_•
2.45
2.30
71,165
1
Crown
*
A
2.62
*
Uranium
32'A
•
class
•
JaU
33
ri<>a
3.00Mar,tM
Jan.;w
45c
53,656
-
'irM 2.89
12'/2c Jan
97,295
:_
Nest
10
Lands
30c
Mines
Crow's
Machinery
Class B
Crestaurum
Crown Trust
Malting
Power_„______
79c
1
Croinor
Canada
.
1.00
70c
1
2.50 Mar
Canada
*
80c
Mills
3.75 Mar
30% Mar
10,680
23 '/aC
Pete
*
615
■
Imperial
43% Mar
v
150
1.90
29c
voting
Feb
174
Assurance
Dist
Mining
Bit
Croft
3.00
1.25
75c
Lead
Craig
3.00
23,966
90c
«,
Feb
3.00
37%
100
10
common
Canada
,
Jan
48c
2,250,517
3.50
38%
1
com__:_
Jan
14c
Feb
4.25 Mar
;18'/2o Mar
„
10c
1,056,800
1
Cournor
9.75
46c
23c
1.00
a;.
i.
Jan
•
(H)
5.35
10
1
■20c
49,100
1
Ranwick
Copper-Man
43c
3/350
201,898
62c
Mar
74c8,iJan
Mar j
e$a $?c
Apr
Jana (f.A ' 43c,j,Mar
Mar,
{ 3,,2^1/,Jan
gjBVVJVi .1 V
4
Maf sot,u:£te Mar
51 %c
43c
Mar
Ut 33c
>
Mar
144,284
1.90
Exploration
Cliff Consol Mining
Copper
16%
*
-
15c
19%c Mar
Jan
50c
Jan
20c- Feb
Jan
29
6,563
19,147
Mar
2.65
Jan.
2.00
17,930
2.50
Conwest
Feb
7.70
8.05
-
Marr;
Feb V
81c
>
)..c;
Jan
2.80
13c
13c
*
Gold
Sannorm
West
12c
18 %C
1
A
•
60c
1
Gas
Jan
15c
L
I—1
Sudbury Basin Mines
34C
42c
15 %C
Nicholson
Northland Mines
Consolidated
15 «/8
15%
1
;
23c
ll%c
Feb
Jan
96c
8
Negos Mines
Jan
R'-O
9c
Consolidated
13c
26%
•
Canadian Food
55c
1.15
*
Canadian
37c
1
*
Canadian
39c
9.75
Flon
Car
63c
1,375
Canada Cement
Canadian
51 %c
11%
Can-Met Exploration
Bread common
Canadian
62c
•
11
Canada
Canadian
—1
11%
Jan
-
rA*
Mar
42,580
31-
:*
Jam'i
223,966
70c
3u,750
43%
Jan
2.55
-
61c
115,750
10 %C
7c
2.35
29'/a
-
63c
22c
Ti
1.44
2.45
29%
-»•
3.25
75c
' Feb
21c
209,882
4.20-
13c 17 %c
—2
18c
•
11,850
*
42,100
Mac Oils Ltd
3.90
•
"
Feb
-
5c
10'/2c
Mar
8.40 Mar
■5
A
i
Mar
7c
1,000
65c
55c
4.00
16 %c
1
Preferred
58c
.1
-1
__
Mattarrow
20c 24'/2C
.
&
33c
24C
..1
A.
Wire
21c
18,000
1,100
18c
Jan
2.60 Mar
34,014
18c
20c
Chibougamau
Red Lake
Oil
15c
13 %c
Mining & Smelting—
46'A
12 V2
25%.
28
__*
Packers
10c
15c
1
;
Consolidated
Canada
2.20 Mar
12c
Edmonton
Life
37,082
1.60
Oils
Campbell
Campbell
2.50
__1
350
__1
class
Flin
2.36
2.50
-
-
19c
36c v, Jan
40cJan
1.50
.
_.
&
Halliwell
210
6,622
Corby
Calgary
65,765
9V2c
Steel
Callinan
81c
,_1
10
13c
Calnorth
73c
-49,270
-1
Arrow
54
55c
Co
40c
2.10
358,473
-*
1
12 y2
1
class
21,238
12c
Lake-
B
48c-
Mines—
9%
•
&
40c
75c
Mines-
!
.
J&n
30c Mar
Mar *
44c
18c
Howey
26c
1,600
3.25-
-1
;
Lake
Golden
Jan
8.25
lie
120
4%c
2.80
„,
2J5
8%
-
-
8%
*TV.
Mar
7.70
'
Gillies
25c
129,340
28c-
Feb
7% Mar.
.
2.92 »
Crest
Iron
8%c
1,220
4,133-
7.80
1.50
Hill
Burrard
East
Consolidated
52
52
-
-1
Warrants
Rights
67,860
-
19c
28c
.^1
53%
Bunker
Centre
Mar
5 '/2c
47,750
30c
*
Fenimore
"B"
18c
-
13c
16c
^1
■
93/4
Products
Burlington
Consol
104
53
;
53%
Bulldog Yellow Knife
Castle
132c
Feb
32,300
.
—--8-
25c
26 %c
-_1
Denison, Mines
Consolidated
Jan
Mar
-_1
Cadillac
Cordasun
7%
8
Discovery
Consolidated Dragon Oil
Jan
'
Cassiar
Mar
3.10 Mar
7,000
-
19c
*
16c
18c
!
1
.
Red
Cariboo
15c
200
43c 49%c
18c
1
Gold
Buffalo
4%
700
46c
1
Canadian
Class
1.73
;
Consolidated
104
*
:
Mines
Ankerite
$1.75
85
1.72
:
Mining
Brunswick Mining
Buckles Algoma Uranium.
Class
192
1.73
:
Brunston
Canada
'
Consolidated Astoria
51%
52
*
Brimhurst Mines Ltd
Building
1.85
•
Power
British
Buffadison
2.40 Mar
2.30
60
Forest
Buffalo
1.45 Mar
1.75
•
preferred
Buffalo
1.75 Mar
1.75
100
British
Brunsman
1.10 Mar
1.75
100
preferred
4%%
Reef
9% Mar
•
American
Columbia
Broulan
Jan
315
1
British
Mar
7%
*_
warrants____'_
Ltd
Columbia
7
1
Co
Mines
8% 1
8% ■'
*
ordinary
British
Canada
3.60
l
Oil
lie
..1
:
Brltalta "Petroleum
Canada
3.50
3.50
l
Corp
16c
•
Cordage class B
Brazilian
Calvan
Jan
-
Jan
1.35 Mar
Mar
Consolidated
Class
10c
4%c
3.10
*
:
Development
11 %C
17c
,
1
*
Erantford
Burns
_5
Mines
12y2C
1
__
:
Petroleum
Bralsaman
j5%
Feb
10,500
30c
4%c
,
10
14'/aC
1
:
;
-
Boymar
II
Bralorne' Mines
British
Jan
8%
*
Bordulac
Bridge
Jan
87'/2c
Feb
80,560
25c
3.10
192
'*
«
Petroleum
36 y2
1.80 Mar
35
53,703
1.18
Feb
Feb*
4 %c
*
Jan
Mar
Jan
'
—;
.—
'
Blue
2.15
74
Mar
1.19
-
Apr
23 %c
7%c
29c
•>
1
J an
7%
34,000
^
,_1
;
15c
b<
Jan
72c
1,800
-
1.90
Mar
99c
4%C
_r
Commoil
~'
1.85
10c
815
1.35
~
Jan
65
12,500
-
Jan
1.36
28,033
7%
III
~
78c
7%
76c
28 %c
805
-1.05
73c
7%
-1
Coldstream
Jan
48c
15,860
-1
Corp.
Mines
34c
Mines.
Feb
95c
15,100
Equipment
Lake
'
,
Gamma
Feb
70c
63c
90c
2.08
Willians
Cody-Rice
Coin
39c
18,300
48c
83c
—1
36 %c
94,485
;
list
'In 1'
'38c
58c
-25
—
Citra-Lartic
"
Mines
Jan
Apr
85c
.__
8,006
46%'
4.30
ll'/2c
__1
Gold
18,116
'40C
37 %c
Feb
.6.50
Feb
5c
__1
Exulor
2.05 Mar
3.35 Mar
,_1
Copper
Chibougamau
6o,2o0
75C
37c
10c
Mines
Chib-Kayrand
'*
40c
3.55
1
Chromium
20c
H iff!*.,
8,000
28c
_50c
;
1
Low
9c
5.50
Mines
Mar
18,230
67 c
Jan
Chemical
Cheskirk
Range since
High
9c
—
Bellekeno
.<
Shares
1.70
58%
45
5.20
Corp.
Telephone
Rights
•"
9c
common
15c
19,621
5.30
Bell
-
Low
—1
Oils
Steel
70c
154
35c
67c
Jan
Jan
2.75
Ltd.
2.64
39c
60
—
50c
Feb
30c
2.35
-
Jan
2.33
414,060
15'/2c
_:
Beatty Bros
Beaucage Mines
Lodge
30c
72c
60
-
.
Beaver
r.
of Prices
Par
Centremaque
Sales
for Week
Range
Sale Price
1,302,931
18C"
13,200
62c
2.65
class
Mining
Week's
Last
1
2.10
1.30 Mar
7,800
15 Vic
Beattle-Duquesne
Belcher
Jan.
1.15 Mar
2,321
2.60
65 % C
,
Ltc
Mining
B
67,155
2.40
A
Mines.
Power
1
STOCKS
since
Range
LnV
1.22
1.33
Mining.
Petroleums
Bathurst
APRIL
Friday
Shares
35c
Uranium
Bata
*
2.57
.
Metals
ENDED
"
r
Warrants
Barymm Co Ltd.
Base
WEEK
for Week
Hiah
1.15
FOR
Sales
.
>
79c
12 %C
Jan
Jan
.
/
,
1
.
'
/
46
The Commercial and Financial Chronicle...
(1594)
Monday, April 4, 1955
-i
CANADIAN MARKETS
RANGE
Toronto Stock Exchange
Week's
Friday
(Cont.)
Last
STOCKS
Sale Price
of Prices
Low
Par
Emerald
Glacier
25c
*
—L
25
Mines
Eureka
10c
1.24
30c
38
11%C
1
Estella
38
1
Equitable Life Insurance
Corp
Ltd
Low
63
12c
18c
43,850
32
Feb
10c
Jan
Jan
44
Mar
13 % c Mar
1.30
21,650
40c
3,300
231/2
23%
23%
10,594
21%
Jan
25%
28%
29
1,004
26%
Jan
29
25
Feb
27%
1.08
30c
Jan
1.54
Jan
Jan
50c
Fanny Farmer
Ltd
Oils
rFargo
.
"III
Federal
class
26%
1,280
2.50
2.75
85.374
2.16
2.50
8,300
35
35%
1,574
A
Kirkland
30
29%
30
14c
10 %c
14C
4.20
4.00
7
7
2.10
1.90
2.15
class
Motor
Foundation
:_
A
107
23
Co
Cos
Frobisher
1,230
4.00
4.25
.100
.
;.V:
86c
31
Feb
Lake
Wasa
14c
Apr
Lake
of
Jan
4.85
18
75
Gas
5%
24%
Feb
75
8,600
60c
65c
9,100
60c
30%
1,797
26%
1101/2
110%
112
135
1
12%
12%
13
5,964
Ltd—
new
3
——
General
Petroleum
1
common
—
Preferred
Lake
Gold
49
89
6.25
400
5.50
6.00
2,500
10
10
565
10
104% 105%
45
101
Mining
•
62c
22c
70c
I__l
10c
Class
B
20c
60 %c Mar
23c
Mines
Goodyear
1.66
Tire
Jan
45c
Jan
18c
common—
5%c
105-
37c
5.80
5.50 "5.80
6,025
.
18c
Hv';*
21c
45%
45%
10
2.40
3,200
3.65
3.75
12
12
100
15 %c
18c
167,650
19
19
45%
I
■
;
'
••
Z'-im'
'
17c
1.45 Max
5.50 Mar
2,150
2.10
■
18c
45%
Apr
17%
■
Apr
2.50 Jan
,
'
"4.J5
Juo'
-12%
Feb,.
Feb
Jan
18 %c Mar
9%C Fen
415
Jan
JAn
45%
"
3.60
Jan
'26c
1.75 Mar
11%
Mar
6.35
Jan
684 "
130
Class
19
Jan
Mar
Mar
Feb
Mar
il7%c Mfer
Jan
1.10 Mar
23,500
973,485
34,150
7,050
44
547
68
78c
41% Mar
r
63
70
8%c
160,496
4.25
4.25
3.00 Mar
61c
750
4%c
'•'/
•
10c
4.30
41c
1
100
Jan
4;00
Jan
Jdn
70c
Jan
'45%
Jan
72
Feb
Feb
8%c
Apr
4.00 Mar
4.50
Feb
Mar
10c
lie
4.25
-
7,800
4.75
34C
-
4c
8c
257,873
43c
325,450
80c
60c
80c
198,250
40c
12,000
7c
Jan
>
1.70
1.76
79C
70c
80c
14c
13c I5V2C
18,150
52c
41c
53c
68,200
1.33
1.30
1.35
26,216
31%
11,400
1.66
;
*
Mines
Mines..
Bloedel class
B
•
.
Madsen Red Lake Gold Mines
-31%
l
l
:
5.15 Mar
Feb
8c
1.75
32%
1.86
1.87 Mar
Jan
Mar
39c
Feb
85c
,i
34,450
26%
Mar
1.84
32 %
Jan
8c
Jan
58c
Jan
1.60
Mar
22c
1.30 Mar
13,325
427,750
1.78
:
1,555
1.80
-'20c
.
Mar
Apr
9%c Feb
Feb
56c
12c
24,400
16c
.17c
1.85
Man east Una:
:
1.70
•
1.71'
-
t
Jan
43c
7 %C
l
Magnet Consolidated
Malartlc Goldfields
16c
Jan
Jan
79c
Mines
Gold
Jan
2.95
15 %c
-
r/y 8c
••
Mines
MacMillan
Feb
175
Jan
15c
16c
1.10
64c
70
2.75 Jan
9%c Apr
8%c
13c
Mar
3.45
Explorations
MacLeod-Cockshutt
Jan
,
63c
61c
1
-
Jan
8%c
Feb
Jan
12,400
3.00
1
Mines-
Goldfields
&
2.00
5%c Jan
'
Jan
26
•
Jan
Jan
635
110,500
13%
Mar
43%
_
__*
Yellowknife
Mackeno
r. 23
64c
Jan
Macassa
C:—
78c
L-
8c
Uranium
Macfle
70c
3.45
_____
Macdonald
97/BC
12% Mar
43'%
class
Lyndhurst Mining Co
Lynx
100
2.25
7c
1.03
._l
Gold
Lorado
2.05
•♦..16c
•y
900 "
23
.
v'"" 63c
'•
*
Hosiery class A
Island Petroleums
Long
23
+
9%c
l
,
L,
-
___
B
Lomega
Feb
3lc
,;v
Lac__
Louvlcourt
1.33 Mar
.
12%; '12%-
London
Jan
2.20
Feb
-
Groceterias
Feb
25c
719,200
Gold
82c
17c
13,500
35c
Jan
Petroleum
42c
Feb
;
Jan
23c
—1*
Gold
Lexindin
Liberal
33c
Mar
146,862
Jan
Jan
7.85
16%c Mar
33,075
11,600
Jan
16c
18,900
2.05
Lencourt
Jan
105% Mar
Mar
1
75c
83,450
class A_1
-
Jan
6.45
11
Feb
1,036,700
Jan
6.50
Jan
12c
1
187,534
25c
25c
Warrants
Jan
10c
Uranium
Jan
'
UTalliiaoaif^Var,,';-";,;;.,
8%
34,700
Porcupine
1.41
23c
•
_—
—_
Loblaw
45,400
Manitou
Goldfields
Goldhawk
2.00 Mar
1.22
*
Accept
Little Long
1
Mines
10% Mar
Feb
i
Laurentide
Feb
79% Mar
Feb
6.75
6,500
22%
Jan
1.10
20 % c
1
•
Gold
Feb
.1
Eagle
Goldora
5.25
3,910
Jan
8.15
36,700
3
Feb
5.10 Jan
287,200
21%
7,595
2.00
24c
Secord
Jan
102
Jan
19c
2,080
10%
1
the
13%
Feb
7.10
22
10
1.70
1.41
Laura
Jan
Mar
7
6.00
13c
21%
■ -<-■
'
—
Feb
115
'
Mar
6.90
Jan
20 %c
Feb
90c
Mar
640
16 %c
Gold
Mines
Golden
925
2,360
92%
1
Mines—
__•
Goldcrest
Gold
7%
79%
90
1
Gola
Goldale
7%
6.00
Mar
1.52 Mar
Jan
1
_1
30% Mar
Jan
73%
1
Yellowknife
God's
9.80
751/2
-100
Lake
Geneva
Giant
Glenora
Mar
110
1
Wares
Steel
Mar
'
Mar
1
Cadillac
62c
Jan
•
common
Class A
General
Mar
90
S
*8
Motors
13c
17c
21c
12c-Mar--
1
;
Lap a
90c
Feb
7%
Dynamics
General
;
22
1.80
•
88
Mar
29%
65c
55c
•
10%
Mar
112
i'*;-
•
•
Lamaque
4.65 Jan
30%
•
Bakeries
General
51c
1
High
Jan
8%c Feb
32c
common—
preferred
General
37c
1.10
Lang & Sons
Feb
28% Mar
"loo
Power
Mines
Geco
46c
of Alberta—
Exploration
Gatineau
•
1
Exploration
29,400
Mines
Leltch
Gaitwin
1.25
Jan
Jan
70c
i.
1.12
*
3.90 Mar
600
1.20
Mar
8
2.20
Jan
237,300
Woods cpmxnnn
La Lux Mines-
Jan
6c
25
184
75
Shore
Jan
Jan
8,000
19c
^
Jan
18,107
86C
—
Debentures
Lake
100
12 %c
15c
Dufault Mines
Feb
2,700
27
Lake
29
190
7%c
4.05
common
Warrants
23
7c
26
Jan
39
Jan
2,500
12c
1
Llngman
Mar
since Jan.
Low
48e
17 %c
Ltd
Osu
7
46c
'
15c
Mines
Lake
1.75
•
——
18 %c
Mining & Exploration
Cinch
Lake
3.60
Range
High
'
20c
(John)
Labrador
Lake
10c
451
23
Labatt
Feb
Mar
3.10 Mar
100
Shares
x
Mines
Ltd
Oils
Jan
11,005
7'/2C
_—
common
Ltd
108
(
26 «/2
Gold
Francoeur
105
4.25
Kroy
Copper
2.85 Mar
Jan
26
27,800
14.375
Petroleum
Federated
Fittings Ltd common.
Fleet Manufacturing
Kristina
for Week
Low
I>
Kirkland Townsite ____._________—1
1.80 Jan
205
.-1
-——■
Lake
1.72
.20
Preferred
Fraser
25%
2.55
2.46
35
______J—.____—
Grain
Federal
Ford
26
1
—25c
—
Uranium Mines
\Faraday
Par
Kirkland
Sales
Range
of Prices
Jan
'.■."'■.■'-"a- ':",-
Players
Week's
Last
Sale Price
33c
28 «/a
Nickel
Falconbridge
Famous
1
High
Mar
1.18
-
APRIL
1
31 %c
Warrants
ENDED
Friday
Range since Jan.
29,350
38
;
WEEK
STOCKS
Shares
High
20c
FOR
8ales
for Week
Range
Feb
1.90
Jan
Feb
Feb
20c
1.99
1,62 Jan
Mar
Jan
50
Mackay
Graham
Grandihes
Mines
Greatf'West
Gas
Utilities
15c
Mar
28c
Mar
45c
Mar
4.25 Mar
4.75 Mar
32%
1,261
22% Mar
35'% Mar
1,215
3.00
21,982
•
"7%
A
Saddlery..—
10%
Ltd
'
.
Harding
Headway
Heath
Hees
54,300
Homer
Imperial
343,500
450
8%
3.30
3.30
700
11 %c 12 %c
11,000
8%
8%
100
8c 12 %c
327,200
20c
7,200
16c
18,050
1
1.12
1.84
1,442,450
9C 10 %c
63,500
1.73
1
Ltd
10c
'
4.90
<■
common
4.90
4.90
160
18
1
Ltd
6%C
•
18c
1
43c
*
12 %c
18
200
5c
6%c
25,750
18c 21 %C
Feb
•
l
10%c Mar
Feb
common
Jan
Mill
17c
Feb
24 %c
Jan
12%c
Jan
23 %c
Feb
20c
Jan
1.84
7%c Jan
4.75
15c
Jan
5.00
14% Feb
4c
18
"Jan
Jan
Mar
8%c Mar
15% Mar
7.50
"17%
Feb
10
Mar
Mar
:25c
Mar
34
25c
157,700
33%
1,595
3.90
4.00
1,850
58%
56%
51%
60 %
4,400
24c
Mar
30c
Moore
Mar
100
34%
7.80
8.20
1,760
10c
72,000
55
Jan
Jan
7.20
10
Feb
12c
Jan
47%
.-46%
47%
91
14%
15
1,854
77
77
40
45
Jan
footnotes
10% Mar
56%
5c
23%
200
5c
6,500
58%
2,045
103 103%
125
40
Jan
Dominion
23
Feb
23%
Feb
New
Concord
4%c
Jan
5%c
Jan
New
Continental Oil
49
Jan
58%
Feb
New
Mar
New
Devon
New
Dickenson
1.85
Jan
150
3.75
Jan
6
Mar
33%
34%
385
32% Mar
36
Jan
10
99%
Feb
63%
10,733
55
Jan
135 135%
110
133
Mar
8c
26%
27%
5,753
26
Mar
8c
68,700"
5%c Mar
12c
12c
14c
9,750
10c
Feb
25c
17c
29c
686,092
7c
Jan
1 68
"1
1.68
1.75
5,410
45c
43c
54c
65,850
inc
103%
65
3,700
3.00
8c
6%C
8c
52,250
5%c
1.00
1.10
18,200
17%
18%
2,930
142
30%
Jan
1.45
43c
Feb
Mar
8c
Jan
14c
Mar
33c
Mar
1.86 Mar
76c
18
Hosco
Mar
Laguerre
Jan
Newnorth
New
Pacalta
375,050
32c
Jan
86c
Jan
New
New
Ryan
2.50 Mar
Feb
6c
i7r
7n„
88c
8c
Jan
8%c
16%
48,000
5,336
5%c
16
i
15%
Feb
16%
15c
18c
99,050
11c
Feb
23c
Mar
16,720
65c
Jan
76c
Mar
67c
75c
36c
39c
10,200
36c
Mar
50c
,
36c
29c
■
"
35,700
2.22*-:2,164,300
28
95
4.90
4.90
500
1.80
1.91
Feb
Jan
2.70 Mar
4,600
72c
45c
Jan
Jan
Mar
Jan
13% Feb
-
14% Mar
Feb
2.22 Mar
27% Mar
28% JJan
5.25 Jan
4.45
1.69
26%
'
7% Mar-
28
"1,875
26
31
38
265
31
*' 24'/2c 24 %c
500
Feb
2 .10
Jan
Jan
Feb;
28%
Feb'
41
Mar
Jan
'
-J
18c
1.80
11c
55c
55c
60c
61,154
42c
26c
31c
65,850
25c
1.16
1.16
1.23
2.93
2.71
2.98
29,150
23,006
54c
50c
55c
16,400
1.15
2.15
50c
Jan
30c
Jan
2.50
Jan
Feb
Jan
25c
Jan
68c
Mar
43c
Jan
Mar
Jan
1.55
Jan
Feb
3.15 Mar
Jan
Mar
63c
Jan
75c
Jan
68c
68c
70c
17,512
61c
47c
43c
50c
27,000
43c
Mar
55c
Jan
18c
18c
1,500
16c
Jan
25c
Jan
1.29
31,775
1.20
1.13
9%C
9%C
10c
2.28
2.21
2.40
12,555
35c
35c
45c
23,225
3,000
1.01
9c
Feb
2.70
45c
13c
15c
17,666
11c
Jan
26c
31c
50,600
24c
Jan
37c
46c
484,365
29c
31c
3,500
8c
9c
17,500
7 Vic
8%c
5,900
30c
—
—
—
13c
Feb
Jan
13c
8%c
1.29 Mar
Jan
25c
2.00
15c
21%c
7c
Jan
Jan
.
Feb
Jan
Mar
18c
Feb
40c
Jan
50c
Mar
Jan
40c
Jan
Feb
9%c
Jan
5%c Jan
9%c Feb
41c
124,593
18c
Jan
44c
Mar
15V2c
13 %c
16c
307,075
6%C
Jan
17 %c
Feb
16c
15 %c
16c
8,250
lie
Feb
16c
18c
14c
21c
348,250
11 %c
Jan
28c
Feb
12c
9%c
13c
10,000
8c
Jan
15c
Mar
30c
27c
34c
25c
Mar
40c
Jan
15c
14c
18c
40c
1
Oils
6%c
4c
7c
8%c
7 V2C
16c
10c
•
II
II
1
38c
Oils
of
Canada
104,487
51,300
7%c
Jan
4c
Jan
7c
Apr
9c
4%c Mar
9c
Mar
16c
127,650
5%C
Jan
18c
Mar
15c
Jan
10c 12%c
29,100
10c
Jan
13c
12c
15c
14,300
11c
l
2.50
2.30
2.55
11c
Feb
381,375
113,603
1
Senator
Superior
20c
12%
27%
.
,
13
'1.75'
4.90
Feb
325
27%--:
.
-1.78
480
14%
—
Jan.
-
,14%
—
7
1
Merger
Like Mines,
New
35 %
28
26% Mar
'"•80,932
""
13%.-hI3%""
50
100
1
Ltd.
Gold
New
23
Jan
Jan
26% Mar
1
Mines
Rouyn
Jan
73c
1
Gold
Norzone
New
6.75
Jan
1
Mylamaque Expior
Jan
Jan
2.70
.
;
27 c
•
New
Jan
Jan
Jan
II
I
____
Morrison
17c
1.77
7%
2.15
13%"'4
—
New
67c
Jan
43c
Marlon
18%c
20
Jan
4.95
29C
New
Mar
75
32'A
35
26%
7%
1
Mlnes.
Mines
9%c
4,100
2,448
34.%''*
'
1
Kelore
49c
21
Mar
86,100
1
39,300
21
16
169,133
Gold__i__
28,250
2.21
47c
1,980
23c
New Jason
115,599
1.97
5,450
1.95
Mines—
lie
197
2,125
55c
Feb
1.45
183/4
Jan
5%
18c
1
New
9c
1.00 Mar
16%
16%
1.80
1
Newlund
3.95 Mar
Jan
16
20c
Malartic-
54c
76c
•
1.95
Hugh
14c
70c
-
263,4
■
Highbridge
12c
735.
— —.
•
Harricana
50c
Jan
5
Jan
50c
.
1
Mines
Goldvue
New
9%c
9%c Mar
7
1.00
<
Feb
Feb
14c
_
47.
3.85
•
,
New
54c
|
Jan
3.75
~50o
Petroleum
New Fortune
1
•
Mar
3.75
1
New
6%c
1
1
Mar
56c
31c
«
Petroleum
Feb
49,920
6
i50
12
Jan
Mar
•
Development
Davies
2.80 Mar
15,977
2.55
Jan
20c
—1
Dehli
11%
9%
39c
17,650
—I
Oil
Mines.
New
6
62%
100
16,980
22c
1
Oils
2.25
103% 103%
11%
46c 49 %C
20c
1
Bristol
11%
63%
ll'A
123/4 Feb
20c
1
Calumet
2.35
34'%
Jan
1
British
14
9%
.
comll-—45
Mines
New
Jan
572
Mar
49 %c
V
New
10%
12
34%
Lablne Uranium
New
11%
*
Jan
11%
10
Feb
104
Feb
1.21
2.60
Jan
102% Mar
9.75
Feb
16%
11
11%
Feb
51 %c
•
Feb
7ya
94c
7.85
214,600
4«
'fiidlamaque
35% Mar
Jan
6,135
59c
"
New
800
82c
9.40
55c
34c
1
page
common
Drug^&iChttmcal
Feb
3,423
58%
"•
see
44%c
Ltd
95
11,305
2l
For
52,100
76c
8.80
57c
■
67
11
103%
1
I
1.50 Jan
•
Alger
7%
1
Hudson
1.60 Mar
Jan
__25
Athona
36%
23 %
Kelvinator
Kirkland
Jan
1.00
~
•
.j
New
I_1
;_I
1.10
200
common.
New
7%
23 %
•
Knitting
Feb
10%
Apr
142,950
•
Jan
35%
Mar
1.57
.•
15%
73/3
Feb
60c
41c
1.20
;
50%
10%
43c
_•
"
36%
Feb
12
Gas
13% Jan
Feb
Jan
34c
•
&
Corp
Nesbitt
Feb
75 Va
1.35
1.57
1.89
Nello
Jan
103%
Jan
Jan
26%
New
Mines
36Va
Jan
67%
Feb
com
Trust.4-1—
Mining Ltd
New
Mines.
Feb
100
8.85
National
New
Key boy con
33
66
706
11c
34% Mar
Jan
7%c Mar
Mar
Kerr-Addison
940
71
2.10.5-
14% Mar
Keymet
34%
101%
69%
10c
:
29% Mar
Kenville Gold
34
100 %
:
Feb
211,750
•
34% Mar
6.50
1,656,370
1
4.30 Mar
Jan
Oils
13%c Jan
41c
13% Feb
13
2.60
Feb
Jupiter
5% Mar
Jan
60c
—5
12
Gold
Jan
9%c
200
15c
Mines
•
25
Jonsmith Mines Ltd
Jan
3.00
10,899
37c
Naco Ltd
200
Joljet-Quebec
4.45
872
12c
78c
Multi-Minerals
3,698
Joburke
6.00
5.00
1.20
preferred
14%
(1939)
6.00
36c
Isoc
Morrison Brass
National
Jan
102 % Mar
18%c Mar
52c
Jan
13
13
Feb
Mar
11,060
Feb
24c
58%
25ci
4,552
25c
14c
29
14c
38c
Moneta Porcupine
Montreal Locomotive
Feb
16c
32%
10%
100% Mar :
ll%c
v
Feb
Feb
Feb
9
1,690
—1
Com
Monarch
26%
Mines
■
J 71"
*
Brick
Mining
14
Jellicoe
5,406
8,500
35c
Mindamar
25%
...
9%
101 101%
Mar
38c
Petroleum
Apr
14
Exploration
93/a
-
Feb
•42c
l
_
Minda-Scotia
26%
Jaye
Jan
34%
.
13.50
Oil
City
Milton
27 %
Jasper Oil
Lake
Preferred
Feb
33
8%c
•
I
6%c
IOOV2
—5
.
Light & Power
Midcon
Jan
5
Mines
•
common
.100
Uranium
Jan
Jan
375
8.00
•
Gold
101,300
2.75 Mar
4.50
Exploration
Mexican
•
Waite
19c
'
Island
Interprovincial Pipe Line
Jacknife
14c
12c '
Petroleum
International Petroleum
Interprov Building Credits
Jack
44c
Jan
1
Merrill
8%
3.90
100
Jaculet
Mar
Inc—
Mines
Merrill
12 %c
20c
-
100
Co
Mentor
15%c
60
58%
9%c
•
Preferred
-
11c
30c
Mercury-Chipman Knit
Jan
1
A
7%c Mar
70c
16c 18% c
Preferred
Jan
•
class
Feb
Jan
8,400
LtdJu.
McColl Frontenac
7c
Jan
•
com
13,600
"
8
53%
*
Powders
Industries.
Jan
34%-
common
3.40
Jan
1
*
Jan
15c
1
£1
3.00
45c
4,577
*
Preferred
Nickel
Mar
30c
4,522
1
International
60
Jan
9.50
Smelting.
Lake
Bronze
25c
Jan
Jan
17%
10
Metals
Jan
Jan
143/4
International
9c
52%
12c
9.10
10
International
Mar
15c
9.40
new...!.
Acceptance
preferred
Inglis (John) & Co
Inspiration Mining
3.00 Jan
24
43c
16%
•
$4.50
>r
315,100
9%
Gold
1,500
17%
1
Industrial
Feb
tit'
•
40c
101%
Red Lake.
4,000
58
common
.
Jan
10
2.75
Consolidated
McWatters
14,500
_5
common
42c
105%
30c
18c'
Preferred
McMarmac
45c
43c
58
•
Varnish
Jan
7 2.35
_
Mar
12 %c 12 %c
•
Preferred
Indian
12c
9%c
Imperial Oil
•
Imperial Tobacco of Canada ordinary 5
Imperial
3.30
15c
Life
27c
36c
Martin-McNeely
Massey-Harrls-Ferguson Ltd
Meta
Warrants
Imperial
36,700
-
2.65
Corp
Red
54
18 %c
Bank
Mining
McKenzie
Jan
Lake
Erie
•;
Jan
1
Husky Oil & Refining Ltd
Hy-Charger Petroleums
Jan
9c
_
Feb
1.35
4.25
15c
Bay/Mining &
Hugh-Path Porcupine
Hughes-Owen class A
&
Feb
28%
100
19c
Hudson
Huron
92c
260
1
Smith' Paper
9%C
Gold
Marigold Oils Ltd
Maritime
Porcupine
27%
*
Mining
7%c
Marcus
Mclntyre
22 %c
Yellowknife
Howard
Mar
Jan
•
Consol
16c
Feb
■
1
Mar
19
Feb
Iron
Oils
9c
12
Feb
Home Oil
Hoyle
Jan
Mar
8.75
•
Hollinger
20% Mar
Mar
7.75
16%
Dauch
&
20
_16
*
Highland-Bell
Highwood Sarcee
Hlnde
1,860
Jan
Mines
Paper
Crest
480,570
Maybrun
Jan
Heva Gold Mines
High
16c
Maxwell
Jan
Gold
Hendershot
10c
Malartlc
Maule
1
Co
15c
Feb
193,400
1
H)
Mar
Feb
1
(George
12c
Jan
9%
Gold
Red
19,250
9
18c
1
Lakes
of
15c
4.00
3.00 Mar
30
Hibbert
12c
Matachewan
5.75
Hasaga Gold
Head
Feb
7.J&C
Carpets
Harrison
15c
23 % Mar
8,465
!
■'' V
Rock
Mar
3.10
Feb
27,652
Hallnor Mines
Hard
2.30 Mar
18%
15
Gold
-
,
48
Mar
21c
Gypsum Lime & Alabastine
3
Feb
47
6
6.75
common
Maraigo Mines
7
1.15
1
—
Jan
Jan
1
.'
Lake
Jan
102
Jan
1
Preferred
9
15
7
16
Mines
Gwillim
447
102
5%
25
9c
Gurney Products
9%
102
875
_*
10
Warrants
36c
—"9%
102
Preferred-
100
•
Trust
Jan
'
300
22%
—1
class
5%
100
2.40
1
Gulf 'Lead
Gunnar
1,210
50
Coal
32c
9%
f
Maple Leaff
Jan
42c
Development
Mines
Jan
15,900
.•
Freehold,
Gulch
49c
49,850
B
Guaranty
29%cMar
Feb
16c
com
Grass
Great--West
Gridoil
34,600
8%
4.65
—
Great- Sweet
53% Mar
_•
common
preferred
Plains
Jan
6% Mar
•
Paper
Warrants
Class'
33c
52%
'>
1
„—
Northern
$2.56
300
3,500
Mines
Great- Lakes
Great
—III
5
6%
Mines
Granduc
.
53%
•
A
Bousquet
Cvrandoro
Great
class
-33c
Marbenor
Preferred
Gordon
5,233
Feb
Feb
18 %c Mar
2.30 Mar
3.20 Jan
Feb
20%c Apr
Jan
New
1
Jan
20 %c
8,020
16c
New
Thurbois
1
46c
44c
51c
197,250
39c
Feb
Nib
Yellowknife
1
6V2C
5%c
7%c
61,550
5c
Jan
7%c Mar
1
1.36
1.22
1.50
84,650
1.10
Jan
2.45
1
2.65
2.58
2.86
40,635
2.10
Jan
3.10 Mar
Jan
Taku
Nickel
Rim
Mines—
Mines Ltd
Nipissing Mines
19VaC 20%c
80c
Jan
Jan
•
:
Number 5417
Volume 181
...
The Commercial and Financial Chronicle
'
(1595)
47
CANADIAN MARKETS
RANGE FOR
Friday
Last
STOCKS
Par
A
Nisto
1
Gold
Nor-Acme
Noranda
Corp
High
Low
23,900
9c
65c
1,200
64c
88c
86 %c
83c
1,216
15c
15c
15c
5,000
1
Surf
70c
Mar
Jan
Swltson
Feb
17c
Mar
68c
65c
367,600
15c
Feb
73c
Mar
Mines
1
12c
11 %C
12c
6,900
11c
Jan
18c
Mar
Mining
*
1
4,00
3.90
4.05
11,207
Jan
4.30 Jan
32c
20 %c
3oc
407,133
5.15
5.40
1,550
13c
Oil
Norpax
North
Canadian
North
Inca
North
5.25
Oua—
Gold
14 %c
45c 49 %c
13c 13%c
Utilities
Northwestern
Nuoulama
preferred^
60c
Jan
Toronto Dominion Bank
96
Feb
Toronto
74c
Mar
Towagmac
10,000
40c
Mar
94 %
94%
10
67c
63c
74c
6'Ac
7%c
28.000
-1
65c
65c
66c
18 %c
15c
19c
Jan
6c
12,575
Jf
35c
163,740
7%c
Jan
Gola
O'Brien
Ogama-Rockland
OH
Selections
Okalta
118,500
•
Malartlc
O'Leary
Omnltrans
Ontario
A
Copper
Mines
36c
36c
45c
3V2c
4%c
45,600
2.70
2.45
2.75
8,045
11V4
11%
11%
2,180
25%
25%
25%
70
65,613
1
Jan
1.33
Apr
4
75c
Jan
5%
19%c Mar
General
Empire
Era
Trans
Mountain
Mar
5c
Mar
Trend
2.75
Apr
Triad
Mar
11% Mar
Jan
4.30 Mar
Union
3.25 Jan
6%C Jan
10c
Feb
Union
40c
Feb
53c
Jan
Union
United
23c
Jan
United
12%
Jan
73
Jan
72c
Jan
Petroleum
1
i0V2
•
•
61
Hershey Tubes
Porcupine
Western
Paramaque
Parbec
10c
Oil
2.30 Jan
Pathfinder
Petroleum
Pershcourt
29c
9c
7%c
28c
1.70
__
50c
Gas
{
51c
1
7.95
36c
1
1
Goldfields
B
class
343/4
Feb
37% Mar
8%C 12 %c
12c
Jan
United
United
United
98c
Feb
22c 22%c
1.95 Mar
5.00
3.15 Mar
1,800
Jan
101
Jan
48
50
1.84
1.95
2,716
33c
36c
56,810
30c
31%
29
31%
28
Mar
35c
Jan
8%c Jan
41c
20c
25c
5.00
17C
22c
12%cMar
48
Jan
49
182,730
Mar
2.35
Jan
4.35
Mar
104% Mar
1.84 Mar
18,544
36c
Jan
44%
88,400
4.80
8c
5,685
43,890
36c
7
Jan
40c
Jan
37
Jan
46%c Jan
42c
.Tan
Feb
5 70
Feb
89c
Jan
Jan
9.50 Mar
Jan
20c
Mar
32c
Jan
7c
Mar
12c
Jan
8c
9c
7,500
2.70
3.20
58,200
42c
40c
44c
26,900
*
41
41
41
15
•
1.35
1.35
1.40
6,087
1.25
1
2.00
1.95
2.02
1,845
1.90 Mar
959,800
3.40 Mar
1.66 Mar
6
Mar
24c
Jan
7
4'>0
10%
11%
1,975
10% Jan
7
Apr
11% Apr
41%
700
40% Mar
46% Jan
22 %c
21 %C
9.0 l1
21 %c Mar
23C.
5.25
5.20
5.05
18%
18%
61
61%
2d
6.55 Jan
21.; Jan
Jan
Jan
169
7.00
2,157
loC
1.10
1.22
42,425
15 Vb
15%
585
1.05
1.00
1.03
14,420
6%
7%
4%c
5'Ac
1,700
•
27
24%
27
32,032
*
8%
100
Canada Mines
5UC
62
Jan
31
•
1 Jan
6.50 Mar
479,ud
1.20
15%
68c
Jan
Jan
Apr
61
2M
Mines
30c
4.80
18%
,
6.50
-25
—
10,010
29
is
61
„50
preferred-
Vanadium Alloys
Van Rol Cons
Ventures
Jan
9c
3.05
Feb
28c
7.30 Jan
Feb
75c
Jan
Apr
1.53,Feb
Jan
1.05
14
16
1.00 Mar
Mar
1.37 Jan
Feb
42 %c
Jan
7.25
Upper
16c
40%
com
Steel
47c
36c
41
20
48
Oils
Mar
1,600
12,700
1,778
104
6.50
Montaufcan
Mar
18,150
47
104
Feb
11%
A
9c
22,803
46%
46%
Hill-
45c
58c
Jan
590
Pipe Line-
preferred
Keno
38c
•
Gas
Fuel
Class
Jan
1
Engravers
United
United
Feb
8 25
Jan
1.48
37%
1
6c
36c38%c
Mar
33c
37%
1
15c
625
61c
Jan
1.23 Mar
37%
Mining
16,100
255,923
Jan
24c
2,300
J
4
■.
28,500
1.80
15c
5,005
48
Gas
9c
3.75
78,600
Feb
A
new
preferred
32c
1.65
51c
Acceptance
2nd
Feb
45c' 3,847,700
3.15
7.75
Feb
Apr
60c Mar
25%cMar
-1
Mineral
&
&
__
3.85
66
8,985
35c
1
Natural
Oils
Oil
10%
2,090
65c
30c
•
Gold
Peruvian
1,610
68%
1
Mines
Paymaster 'Consol
River
10%
66
1
Amalgamated
Drilling
Parker
10%
60 %c
1
Mines
Mines
Pardee
67
56c
28c
42%
Corp class B
Pamour
1.20 Jan
582
Asbestos
ll%cMar
Pacific
Jan
4.90 Jan
Jan
41
400
43,531
11
1.00
26% Mar
23%
21,900
Feb
3.00 Mar
1.25
21 %c
2,500
15c
103%
Mar
45
Tungsten Corp
9c
42c
5
21c
3.50
12c
.
51
44%
Resources
4.10
40c
*
45% Mar
13 %c Apr
10
Jan
45
Petroleum
9c
41c
Apr
1.23
Oil
3.50
i4'/?.c
a;
5.00
Transcontinental
60c
Jan
43c
-
Jan
34c
3.90
1
13c
1.85
Oil
9c
1
Photo
2,200
Oils—
3.50
(Eastern)
.Petrol
42,575
1.10
Oils-
Trans
3.90
,
Lake Mines
Perron
3.20
1.00
„40
•
Pacific
Peace
10%
3.05
1.10
.100
1
Osisko
Pan
10%
3.05
1
class
Gold
Orenada
Page
10%
Exploration
Crush
Orange
8% Mar
Jan
—10
preferred
Trans
Jan
11
50
45c
preferred
3c
Jan
7%c Jan
9%
Trusts
Finance
% r/t
2.25
22c
503/4 Mar
10c
25c
Feb
1.59
Jan
423%
44
116,800
1
Apr
7c
4%c Jan
148,350
3%c
7%c
„
Jan
9c
4,050
•
ser
5lv2c
99,500
1.40
•
10
Steel
Opemlska
7c
1.38
•
Club
pref 6%
Conv
5c
1.40
•
Exploration
Jockey
Ontario
6c
90c
Oils
!
65
50%
9%
Silver
45c
•
45%
11c 13 %c
Gold
Torbrit
40c
Lake
1.85 Mar
1
Tom bill
44c
■-
1.37 Mar
—.1
Mines
Feb
12c
Traders
Obaska
Gold
Feb
Jan
Jan
53,075
9%
Preferred
FeD
8c
9j %
1.69
50%
common
6%
1.060
Jan
3.60 Jan
—10
Pearson
14%
Jan
3.00 Mar
44%
Calgary
Thompson-Lundmark
49,000
3.95
100
13c
—1
Texas
10%
3.05
1.46
common
Teck-Hughes
11c
94%
Taylor,
Feb
5%c
100
Ltd
Mines
Jan
Mar
9c
High
29,500
.50
16c
5'Ac
*
Low
13c
1.64
Mines
55c
10c
Range sine* Jan. 1
High
10c
3.05
Preferred
Tandem
Jan
•
Mines
Canada
Northern
2,310
13c
Industries
Feb
5'Ac
Trinity
_50o
Tamblyn Ltd
5.95 Mar
Feb
4.50
8%c
40c
1
Warrants
North
37c
20 %c Mar
12,900
13 %c
3.45
666,700
45c
•
Oil
Star
16c
1
—
.
Nickel Mines
Rankin
Norm
Ltd-
Mines
&
73c
Inlet
Shares
Jan
.
Normetal
i
Low
Sylvanlte Gold
92
Jan
c
Feb
Sales
for Week
Range
of Prices
Par
High
Noilartlc
Morgoid
Week's
Last
Sale Frice
1
14c
Jan
80
1
—_
1
Friday
Range since Jan.
1—•
Mines
Nbrdon
65c
APRIL
STOCKS
Shares
11c 11 %c
•
„
ENDED
for Week
of Prices
Low
11 %c
1
Mines
WEEK
Sales
Range
Sale Price
i
Week's
Viceroy
•
40c
Jan
60c
Feb
Violamac
Apr
42
Jan
Vulcan
A
1.59
Feb
Walte
2.35
Jan
Walker
Mines
Apr
5%c FUO
27*
Jan
8%
8%
4.50
4.50
100
49c
58C
396,810
1.93
1.85
2.05
88,800
32c
34c
3,030
30c
Jan
1
j
7%
Feb
19%
58c
«
Oils
5%
3%c Jan
1
class
B
Vicour Mines
41
l,i|50
1
Mfg
'Class
*
—
Ltd
8% Apr
\
Mar
9t% Jan
4.50 Mar
5.00 Jan
67/«c
58c
Jail
Apr
rQi25Jan
1.75 Mar
.Feb
55c
.v.'
5ilb7
Pickle
Crow
Pioneer
Gold
Gold
Pitch-Ore
Mines
-
Uranium
1
18c
Development
1
30%
16c
26c
30%
31%
1,199
Ponder
Oils
*
85c
82c
87c
15,700
PoplaT
Oils
•
—
24c
25c
Powell
River
•
41%
42%
3,550
695
Placer
Powell
Rouyn Gold
Corp
:
*
Power
Prairie
29c
Mar
Jan
Premier Border
Pressed
East
___
.
31c
Jan
West
Mar
44
Jan
Westeel
Mar
47% Jan
70c
Jan
Western
56
Feb
Western Canada
Jan
Western
23y»C Jan
40
50c
52
53%
8,700
280
3.05
7,505
5c
5c
8,700
3Vic Jan
5%c Jan
12%
16
Uranium
:
Mines
Warrants
16
1
1
8.30
8.25
8.75
2.05
166,040
3.50
Jan
Feb
17,585
4.75
7,860
2.15 Jan
3.70
11 %c
3.95
17c
8,300
51,000
3.50 Jan
10c Jan
18c
Feb
19c
54c
Mar
Purdy
1
1
53c
Mines
!
Metallurgical
Nickel Corp
Queenston Gold
Quebec
Quebec
Ouemont
1
•
1
1
•
Mining
class A_—„.
Quinte Milk
4.00
!10%c
74c
3.75
1.55
20c
21%
9
_1
1
1
——-*
43c
54c
3.85 4.25
9%cll%c
70c
88c
3.65
3.95
1.30
1.75
20c
21c
20%
22
9
9%
193,945
185,895
11,000
5,100
216,619
862,450
7,100
3,290
200
9.40 Mar
4.10
Feb
Feb
4.45 Mar
1.10 Jan
8%c Jan
70c
Feb
-
30c
17,500
8c
9%c
76,300'
1
9%C
8c
11c
43,495
4%c Jan
22%
.22%
610
ll'Acl!}%e
10,535
;
Ashley
1
Breweries
Grocers
A
5
3.10 Mar
/ 1.08 Feb
.19cFeb
20% Jail"
9
Feb
11c
Jan
93c
Jan
(Geo)
•
Wilrich
Winchester
1
Windward
24%c
Jan
Jan-
Wrlght-Hargreaves
Russell
Lead
Lawrence
San
•
class
Scarfe
Feb
11c
Mar
14c
Apr
11c
6,700
300
1.60
1.65
21,125
1.82
Jan
11 %c 12 %c
17,300
10c
Jan
1,873,925
20c
Jan
22c 1,506,225
1
1.61
1
12 %c
22c
2.75
Zenmac
Metal
1
1.14
Sicks'
.
Jan
65c
50c
55c
40,240
1.52
1.65
84,340
10%
10'A
34c
10%
49c
750
526,000
30c
-
46c
Mines
8ilanco
78c
■A-
Toronto Stock
Mar
16c
21c
34,783
11c
Feb
21c
12c
7,100
10c
Jan
16c
Feb
9c
Apr
Rc
7c
9c
51%
11%
51%
11%
4%c
390,000
1,485
100
31,000
4%c Feb
49% Jan
11% Mar
3%c Jan
16%
556
15% Mar
4%c
51%
11%
3%c
16%
16%
12c
11c
12c
1
3,000
„
9c
56
Friday
STOCKS
Sale Price
I
<
4%c Mar
Feb
12c
Apr
Silver
Siscoe
clas»
A
14%
14%
280
1.91
1.86
2.06
50,800
•
2.20
2.20
2.30
11,100
•
53
51'A
53
1,434
13c
107,500
1,200
11c
75c
75c
5.25
5.10
5.25
27
27
27%
68,686
290
27
27%
410
i__
5.25
13c
5.25
100
15c
15c
47,100
1.02
1.02
1.09
28,125
66c
66c
68c
1,500
•
11%
11%
11%
573
18%
18
19
2,274
41c
45c
52%
40c
52%
40c
38
52%
44c
3g%
60c
60c
1,000
4c 8%c
15%c 15%c
16,341
500
2,350
845
•
Union
Mines
Oil
1
April
'
4%c
12)
•
(1944 )__r
'
•
L_
»,
*
&
Gas
Ltd
Gold.
1
starratt
Olsen
Stedman
Bros
Steel
Canada
•
Steeloy Mining
Steep Rock Iron
•
Cons
1
Mines
Superior Propane common
Preferred
(ordinary)
Preferred
28c
Anglo
__
35% Jan
1st
Feb
Feb
55%
Feb
16c
Mar
98c
Feb
5.25 Mar
'
28%
Feb
28%
Feb
5.40
Feb
15 %c
Co
Canada
Bronze
Canadian
General
Canadian
Indus
10
Jan
Canadian
32%
33 %
544
32%
Feb
39
14%
15 %
4,210
Western
985
21
21
65
28'/a
430
2%
30%
50
30
21 %
1,847
19%
7.10) Feb
22%: Jan
Jan
29
■;
!
19% Mar
.Mar
24
Jan
Jan
31
Jan
1 Jan
.
6,905
5% Mar
300
12%'Mar
62
306
58
1.85
1.90
1.000
62%
64
2,383
18C
1,350
18%
18%
18%
685
18% Mar
20
Jan
34
34
200
33
35
Jan
24%
27%
2,509
6 7/8
.
61
•
Feb
Dominion
21
Feb
DuPont
•
Oilcloth
Gaspe
of
'
Canada
Copper
International
Securities
com
•
Mines
Paper
International
0
27%
25 %C
-7 '/a
common
Utilities
13% Mar
70
T Jan
1.95 Feb
J*n
68% Jan
700
19
86 %
86
Mar
76
'
Jan
80
Jan
26c
Apr
Feb
88%
Jan
38% Feb
33% Mar
33%
33%
35
535
10'/a
9
10%
700
9
Mar
68%
11c
Mar
Feb
68%
69
235
58
Jan
—5
57%
57%
59
295
48%
Jan
1
Minnesota & Ontario Paper
Pato Consolidated
40c
Jan
Pend
32
Feb
Frice Bros
12
Feb
Third
7.05
6.60
7.05
8,328
5.75
Feb
7.05
Apr
4.80
4.95
1,250
4.70 Mar
5.10
Jan
44 rJan
75c
Inc
Oreille
—_
_L_
69c
Feb
Thrift
Stores
14c 14%c
4,500
12%C Jan
17c
Feb
Yukon
Consolidated
480
21% Mar
24
13%
47
Jan
Jan
5%c
7.60
12%e
30c
Jan
Jan
37c
33c
38c
7.00
8.30
83,635
Jan
Feb
5.10 Feb
8%
8%
1,050
7% Jan
26%
26%
50
24% Jan
19
Jan
102% Jan
•
22
22
22%
2,604
100
104
102%
104
90
Jan
1
*
i
46%
47%
1,426
6%
46%
6'A
30
34
34%
999
58c
60c
6,100
69% Mar
-
60
19c
Apr
15%c Mar
55c
-
9%
No par
a
Odd
22% Mar
Feb
»_
value.
lot sale
34
t
(not Included in
31% Jan
51c
delivery sale
e
Selling ex-interest.
f Flat
r
Ex-dividend,
y
(not included in
year's range.
Ex-rights,
z
Ex-stock dividend.
r
-
35
Jan
68c
Jan
MARKETS
unlisted trading
wd When delivered.
wi When issued.
x
price.
Cash sale
Feb
privileges,
(not included
in year's range).
6% Mar
Jan
Ex-llquidating dividend,
(Un) Admitted-to
year's range).
d Deferred
Feb
26% Mar
104
*
Jan
8.30 Mar
—2
-
5%
FOOTNOTES FOR OUT-OF-TOWN AND CANADIAN
Apr
9.15
•
Canadian Gen Invest
—
r.-
Mar
48% Feb
Feb
41%
Jan
30
24% Mar
26c
24c
20c
16%c Mar
Mar
24c
3,312
Feb
1.50 Mar
61
5
Jan
Jan
.
*
Interprovincial Utilities
Mar
Jan
55c
Jan
7%
7%
13%
60
64
*
6%
13%
1.85
_
•
4c
15c
26
Jan
10% Mar
'Jan
18
17% Feb
17'A
28%
Feb
116
Jan
5.75 Mar
17%
18C
12
39
22%
105
Feb
15%'Feb
14% Jan
755
2,025'
Feb
,
1
Bridge
Mar
6.00
22%
—
0
_
Consolidated Paper
Dominion
Mar
5.75
30%
—
1
Lumber.
Canadian Westinghouse
Coast Copper
Jan
44c
107% 108%
22'/a
«
Marconi
Canadian
Feb
12%
<f
corn-
26c
44%
__
3,040
■
Loblaw
13c
19c
8.50 9.15
12%cl5%c
8%
11%
*
(1954) Ltd
High
11
— —
'
■■
41
" Jan
.
Investment-
Mar
43%
'
_
common
<•••■
.A
'
37
*
_
Canadian
72c
44
8.85
Sugar
Low
High
288
108%
•
Vinegars
Dominion
""J,.
40
5.80
&
k
39%
15%
•
Canada
-
'
Range since Jan. 1
Shares
11%
common
preferred
79c
52% Mar
Si
*'
40
Ills
Develop
Mar
22
18c
-
•
Jan
48c
■Mnii1'1
for Week
of Prices
Low
Par
Paper
>
Feb
1.12
.
_
60c
21%
7.90
25
Feb
51% Jan
36c Feb
38c
Brown
!
&
•
135
5,632
10%
1
•
18
Jan
Jan
Jan
Feb
Feb
Mar
Mar
2.98
2.50
..
Corp
31%
1
1
27
5.00
10%c
90c
62c
11%
Feb
15
Feb
1.10 Jan
1.85 Jan
50% Jan
7c Mar
75c Jan
4.80 Mar
27
Jan
Feb
_
Pulp
Newfoundland
31%
10%
579,425
70,975
35,100
124,790
1
14%
Jan
j
Canadian
Jan
4.95
3.85 Mar
22
•
Mines
"Sturgeon River Gold
Sudbury Contact
27c
50
2.20
35c
Feb
\
■.
Anglo
65c
31%
•
Supertest
' 15,475
110
3,500
41 %c
Paving
Sullivan
10c
75c
1
Standard Radio class A—
of
50,475
50o
•
Co
Stanwell Oil
4.20
1
Rights (expires
Spooner Oils
Standard
3.90
50
preferred
Valley
Stadacona
20c
70 % Mar
64% Mar
1.60 Feb
80,350
•
Dairies
Gold
Southern
28,030
25c
50c
Mines
Somerville
Southam
140
2.05
4.10
1
Simpsons Ltd
Souris
66'A
22c
1
Standard
Silverwood
66
1.90
24c
Curb Section
Salea
Week'e
Last
Jan
18 %
—
Canadian Funds
Feb
13%
Jan
1.90
66%
•
—1
(Quebec)
Mines
Exchange
Apr
10%c
•
Mining
8liver-Miller
1.20 Mar
.<
Feb
11
9% Jan
Feb
18c
Voting Trust
Sigma
14%cMar
1
1.67 Mar
1.25 Feb
12c
1
common
Feb
Mar
53c
27%
Breweries
1.20
1.55
Feb
40c
2.50 Mar
1.55
50c
-
72c
Jan
Mar
__
8herrltt Gordon
Mines
Mines
85c
A__
Shawkey (1945) MinesSheep Creek Gold
Bear
Yukeno
Mar
2.10
4%c Jan
Yellowknife
Feb
Jan
14c
7%c Jan
1.60Mar.
Feb
•
Scurry Rainbow Oils Ltd
Security Freehold
Petroleums
«hawinigan Water & Power com
3.75 Apr
2.69 Feb
,•
i
59c
63c
1
Ltd
Jan
Jan
10
X
Petroleums
Sapphire
Feb
103
Jan
1.91
Jan
30,800
1
._
Gold
3.00
7c
85c
1
Gold
River
50
8,068
7c
2.50
•
Corp
Antonio
Sand
Zinc
&
Mines
Asbestos
St
100% Mar
50
3.75
2.31
Mar
43c
v?
39c
75c
1
-J-
3.75
2.10
9%c Jan
Jan
8,700
•
__
3.75
2.20
Jan
<105
Jan 3
57,300
1
Ryanor Mining
100% 102'%
*
•
Jan
19%
jV.
25,500
10
-
438,200
Jan
11c
u
14c
•
Industries
35c
102
?Jan
10 %c Mar
8c
12 % Mar
271
'
6%c Jan
2,383
105
26c
33c
14,000
14
52c
,
11c
1
Rupununl Gold
Feb
45c
2.50
»
Sliver
Jan
6c
45c
83c
1
Roy
7c
26,000
2.58 Mar
9% Mar
—
Roche
Royal Bank
Royalite Oil common
41 %c Mar
42,000
33.000
8c
103%
100
i
1.90 Jan
9%c
1
Oils
___1
Wood (G H) pfd__
Wood, Alexander
23%
1
Robinson, Little common
Roxana
i
;Apr
v-
105% /Feb
8%c
;
__1
Long Lac
Rowan Consolidated
Gold
118,510
49c
12%
105
____100
2.54
i
8%c 10 % c
13
~J*n
86
Mar
46c
10c
•
Jan
103
7%c
10c
77/aC
1
Mines
57
232
13c
10 %c
Uranium
Gold
Winnipeg & Central Gas
Winnipeg Electric pfd
4,999
9%c 10 %c
49c
1
1
__
Larder
86
103 104%
2.12
Mar
11c
2lc
Rix-Atbabasco
2.37
Mines
Petroleums
Winora
1
Rio Prado Oils
104
l
71
83%
100
common
42
$20c
45c
1.60
1
v
Jan
10c
25,650
1
10c
1.60
—.——
15c
1
L_
Uranium
13c
^.09f,r Mar
■t'A 6.10 Jan
Feb
1
11c
Mines—-
15c
1
4.85
Yankee Canuck Oil
1
Rexspar
7,050
Yellorex
81c
Regcourt
5.70
,
1.19 Mar
1.00
Renabie
5.25
j.\24jji«Mar
Jan
Jan
Jan
<
,
5.60
Jan
75c
1
!'
38
197,500
Mines
1
175
1.08
2.80
Petroleum
Reef
41%
.
2.80 Mar
2,25
Reeves MacDonald
So
Feb
23h >Feb
14 %c Jan
Feb
23
33
Jan
ilfr Mar
*
Willroy
1.75 Mar
510
38o
13 %c
Jan
11c
24
102
41%
•
Preferred
4.40 Mar
22
99%
"
___■
.„
23 %
102
____«
common
9% Feb
5'Ac Jan
25 %c Feb
Feb
2.35
Rayrock
Jan
879
9
27c
84c
i
Mines
8
9
28c
J3% Apr
70% Feb
431,768
1
Uranium
Jan
Products
Weston
Yale
Radlore
66
8%c
Wiltsey-Coghlan
Quebec Chibougamau
Quebec Copper Corp
Quebec Labrador
Quebec Manltou
3,303
22%
Malartlc
Class
6.00 Mar
8.60
;
68%
Western Tungsten
7.90
3.70
16c
66%
1
Feb
9.60
4.50
•
68%
Western Leaseholds
5.05 Jan
5.25 Jan
Prospectors Airways
Jan
___1
Apr
8.00
;
Mica
49c
2,037
11 %
*
Consol
49c
15
4,627
Pyrites
2.75
16
13%
common—;
Weedon
Wekusko
3.05
*
12%
*
Equip
Feb
4.50
Dome
Waterous
13%
W
&
Feb
Jan
52%
1
Metals
Preston
i
G
*
1.10
68c
1
50c
Amulet
35%
30 % Mar
1
•
Oil
Pronto
—
16c
Jan
N
48
The Commercial and Financial
Chronicle...
(1596)
OVER-THE-COUNTER
Quotations
for
SECURITIES
Friday, April
1
Investing Companies
Mutual
Funds—
Funds—
Affiliated
Fund
1.27
1.39
Investment
Co.
1.25
5.96
6.45
Investment
.1
4.20
Johnston
Inc.— 1
8.i.5
9.02
Fund
Inc
Shares
American Business
Fund
Mutual
Fund Trust—.——
of
(The)
Inc
1.46
1.60
15.46
Axe-Houghton Fund *'A" Inc—1
Axe-Houghton Fund "B" Inc._5
12.04
13.09
B-3
(Low
24.77
26.„2
B-4
(Discount
Axe-Houghton Stock Fund Inc_l
3.89
4.23
K-l
Puna
Beneficial
Blair
Blue
Corp
——1
Holdings
11
Tr
Lav
Corp
Ltd
Fund
dunock
K-2
—
Ltd
Canadian
Preferred
Colonial
Fund
Fund Inc
12.11
24.26
S-3
(Speculative
Com
Stk(_.l
13.72
14.97
8-4
(Low
Com
8lks)
32.79
1
11.23
12.30
9.96
15.32
Loomis Sayies
10.77
16.57
5.44
5.96
24.97
(Net
26.99
1
11,700 12 ,300
1958.
98.18
100.4
..
100.12
98.18
98.26
2%s
May
1.
1959
98.10
98.18
100.1
2%s
Feb.
1,
I960—___„
97.22
97.30
1-10.1
2%s June
1,
I960.
98.14
98.22
99.26
'99.30
99.8
18.67
after
99.16
May
43.18
43.18
4.71
5.19
1%S Aug.
6.19
6.81
1%S
4.06
1955
17,
point
:
;
Federal
represent
Ask
-
Natl
4.20
1958
——
.i
one
32nds
more
or
of
point
a
Bid
„
Ask
Treasury Notes—(Cont.)—
109.2
2%s
4.47
3.bl
Mortgage Assn—
20,
Maturity—
,
100
June
—
1955_z.e——eV-
22.
15,1955,—
Dec.
99.29
Z—
1955—1—
15,
99.31
•
—
100
March
T%s
90.31
-
April
6.35
1%8 Dee.
3.15
3.47
6.99
March 15, 1956
l%s April 1, 1956———
3.36
3.70
l%s
X8.40
101.13
98.23
99.4
|
99.1
^
99.3
99.21
1957
99.23
j
'
99.26
l%s
6.35
101.11
1957
1957——
15,
99.28
2s
Aug.
15,
l%s Oct.
5.77
15,
1,
l%s May
Treasury Notes—
1
1957—
1,
98.18
1957—
l%s April 1, 1958_
l%s Oct. 1. 1958l%s Feb. 15, 1959
'
lc
—
Transportation shares.——lc
16.09
17.49
Manhattan
18.24
Massachusetts
1
39%
42%
13.02
14.23
of
Bond
Fund
beneficial
•'Mass Investors
98.4 ■"*-■
97.28
interest.
:
Oct.
1,
100.5
___
100
109.7
; 100.2
99.26
1956
l%s April
99.28'
—
100.2
100.2
l%s Oct.
—
97.16
97.24
98.10
98.13
—
96.28
97.4
96.16
99.24
1, 1959
1,
1959
Trust—
Growth
Inc'
Fund
Inc.. 10c
Investors
L_.
15, 1955
—
28.95
31.30
26.48
28.63
35.76
38.66
9.56
1
10.50
Federal Intermediate Credit Bank Debentures
Stock""
——_1
'
De
Vegh Income Fund Inc.-
1
14.53
14.70
De
Vegh Mutual Fund Inc
1
60.79
61.40
1
21.40 '
Fund
Delaware
—
—
,
Units of
Mutual
23.53
Diversified Growth
Stock
Massachusetts
Fund-
1
10.811
1
.
Diversified Investment Fund
9.06
11.85
Scries £
Net
Dreyfus Fund Inc
Eaton
15.70
13.85
2.45v
Z
8.UO
Wide
—.—
...
;Equity Fund Inc—
13.20
..1
—;
Security
17.88
19.12
Bond
6.64
6.88
First
Boston
—5
1 i~i4
10
Series—
Formula .Fund of Boston—
Heneficial interest 'hares. —1
*
'
Series..
—1
7.86
8.59
18.88
18.45
Resources
Fund
Natural
Resources
of
Fund
6.77
New
England
u.61
Fund—
Series
1956
24.34
26.60
Pacific
65.90
70.66
$1.50
7.10
—lc
11.27
12.34
Building shares
lc
7.59
of
9.74
Aviation shares
8.32
sha
Electronics &
Petroleum
Pine
Pioneer
Price
Fund
Putnam
(Geo)
Scudder
Fund
l—lc
8.65
7.89
6.39
10.62
9 36
10.26
Industrial Machinery shares.lc
13.42
14.69
shares—lc
9.31
9.70
10.48
11.48
Bond
Merchandising
Mining shares
lc
United States
Fund
Inc
Bid
of
Canada
Stevens
Inc
__
6.61
7.15
24.24
26.21
36%
37%
Inc_.l
(Net asset value)...*
Fund
35.02
35.02
1
21.14
21.14
Shares—2'%
17.22
18.62
Shareholders Trust of Boston—1
11.59
12.69
11.62
asset
value)
Selected
——__
Amer
lc
5.72
6.23
Stein
Roe
29.28
29.23
11.36
Investors
Inc..___
;
Television-Electronics Fund-
Templeton
Growth
Fund
1
99.946
June
9,
99.913
99.9-22
June
16,
United
Funds
Guardian Mutual Fund Inc.:
16.04
16.53
United
Funds
99.892
June
23,
1955
99.639
99.700
99.852
99.863
June
30,
1955—.
99.659
99.667
99.825
99.836
United
23.96
16.79
1
15.53
2.41
2.63
1
9.00
9.84
1
8.51
9.30
_1
16.28
17.60
Incorporated
Income
Incorporated
Inc
Investors
Fund—
Accumulated
Continental
•
Chase
Chase
lc
Inst Foundation Fund
1.10
of
21%
20
1.21
.
j
,
.
Par
■
Casualty .&
Aetna
Insurance Co.
Aetna
Surety..!—10
.10
Life
10
Agricultural Insurance Co
Bid
72%
Fund
1
Island
Brook
176
1
25.19
27.4(5
New
23.85
25.7s
5.42
i:
2
29%
5.86
City
American Equitable
Assur
5
37 V*
American Fidelity &
Casualty
5
35 %
5
35%
37%
Maryland
42
45
Massachusetts
$1.25 conv preferred
American Home Assurance
Amer Ins Co
Amer
Co_5
(Newark N J>__2%
Mercury
IWash
D
cr.—1
American Re-insurance
'
31%
Insurance
Amer__5
109
Jersey Insurance Co of N Y..10
46
50
37 %
Lincoln
390
402
"
33%
32%
&
York
28
National
82
85
5
lo
130
144
Bankers & Shippers
Boston Insurance Co..
Camden
Fire
Colonial
Life
Ins
Ins
Assn
of
10
5
(N
Amer
Connecticut General Life
Continental
Assurance
Co
Continental Casualty Co
Crum & Forster Inc
J>
82
5
109
10
489
5
10
Firemen's of Newark
28%
31
36 %
Pacific
112%
Pacific
2.50
87
60%
71%
115
Republic
St
/.
Paul
(Texas)
&
32'%
86%
91%
lo
27%
29 V*
14
15%
—
,,10
.10
.
Glens Falls
43%
44%
98t/2
Springfield Fire. & Marine
10
58%
61%
51%
Standard
'
10
81
84
5
J
5
_.5
Fla)_2%
Security
Haven)——.10
(New
771:,
gOta
Travelers
21%
23%
U S
43
441/3
U
24%
25%
Westchester
S
-
—100
I
Fire
First
23
Mercantile
13'%
St
220
-
100
;
55%
&
Trust—25
97%
100%
54
56
National
Louis
Bank_^__20
Bank
National
Trust
Union
55
59
56%
60%
61
65/
20
65 :
70
6.25
35%
37'%
17
Co
_25
Trust
—
230
20'%
367
21%
San
377
Franciseco
Bank of Amer N T & S A
Duke
Security Issues
Bid
Potomac
1995
Bonds—(Cont.)
3,/aS.2004
103'%
104'%
Baking
96%
102%
103V'4
1980
3%s
3s
96%
1990
3'%s_
108'%
109%
Rochester
100%
100 %
Tennessee Gas
<
Power
&
Bid
Metropolitan Edison 3'%s__ 1984
New England Power 3'%s._. 1985
1975
Power
Power
Ask
Telep—
s
3y«s
General
New England
Pacific Gas
Light—
West
1984
——
Motors
Accepts
Tel & Tel 3 Vis. 1988
Penn
&
109%
71%
74
53
56
2
29 %
31%
%
3%s. .1985
102%
102%
101%
102
102
102'%
3Vis
3s
.1985
.1984
98%
_100
113'%
114%
100
102'%
103
.100
102 %
103
100
106%
108
101
1972
3%s
Indiana & Mich Elec
City
Pow
10-%
101
100
100%
3%S—1984
&
99%
Lgt-
4.50%
3'%s
Long
<
.1985
Island
Stores
Tire
&
Rubber-
preferred
101V4
98 %
4.16%
101 %
3%S—.1984
99%
3 Vis
1980
Tenn
101%
preferred
Gas
5.85'/
Transmission—
preferred
FOOTNOTES FOR OVER-THE-COUNTER ISSUES
*No
par
two
value.
b Bid
-
stock
for
one
t New
dividend.
-
split.
Stock
to
listing
Exchange.
x
y
on
stock.
Ex-dividend
wi When
yield price.
k Admitted
101
103
1984
Pow & Lt
99'%
Louisiana Power & Light—
—
Dept
102'%
Lighting—
3'%s
Louisiana
May
.
100%
103%
Stocks—
l°fi0
tEx 100%
2,115
103'
99%
1975
Elec
Power
102'%
103 Y,
3'%s
Service
100%
1987
& Elec 3%s
Gas
Elec
Ask
100
100
99
nce^-
3s
f Ex
3
Fidelity & Guaranty Co—10
Fire
2,065
Bank
50'%
47%
'
Accident
:_10
Trust-
52%
95
lo
25
Boatmen's
71'%
12'%
2
73
59% *r 6i %
47%
5
Relusuiance Corp
Bank—
76%
69%
21
National
Continental
104
30%
Marine—...6.25
Surety Co
54
Louis
General
.2
...
Corp (N Y)
Fire
Seaboard
&
Kansas
99
5
Phoenix
91
58%
69%
14%
10
St.
.
73%
Trust. 17%
83
Co..
Reinsurance
3'%
.
13%
Co
Providence-Washington
&
Bank & Trust Co
Florida
10
Casualty
.25
Bank
States
Nat'l
Peoples 1st Nat'l Bank & Tr__20
'
10
Indemnity
Mellon
new
Texas
79
Fire
Peerless
53
^'
Angeles
Pittsburgh
National
form
Commonwealth Edison
38%
.
13%
4
Franklin Life
Guff Life (Jacksonville
-138%
50
Bank
National
City Bank of
100
12.50
36
lo
Assn pf Philadelphia
10
Fireman's Punfl (S F)
—2.50
54%
3.33%
67%
Fire
51%
River
«73%
Fidelity & Deposit of Md
57%
Northern
70%
"
55%
5
Northeastern
65%
34
2
_
lo
4
Globe & Republic
Great American
North
113
69.
67
50%
10
*
Federal
General
133%
.
12%
48%
Casualty
Fire...
504
,
10-103%
Employees Group Assoc
Employers Reinsurance
31%
29%
10
York
25
Security-First Nat'l Bank__12.50
330
Trust
Nat l
Consumers
95 %
Hampshire Fire
New
44
Amsterdam
New
42
41%
59%
4
Fire
New
.
39%
56%
—.5
National Union Fire
Automobile
67%
'Los
55
315
.
National
Ches
lo
26
to
'
...5
Manufacturers
5
25
51
100
Bonds—
42%
40%
1
common
Assurance
American Burety
65'%
First
Y)—
47%
45%
10
Bonding
Fire
Merchants
4%
3%
Life—
Casualty
Merchants
10
64
Recent
113
North
National
36
Jersey City
91
__20
(N
86%
80 %
39%
•
76
34
Bank
163
158
5
—.
of
72
10
National
Trust
47
Home
Co
47
Ask
Bid
45%
lo
Bank
(NY)
United
.1
36%
>
69
Detroit
187
59
89
_
Royal State Bank of N Y
Trade
Hartford Fire Insurance Co—.10
Hartford
Steamboiler
;_10
182
43
of Commerce—
National Bank of Detroit
55
York
Public
Par
34%
10
37
275
'
Bank
:
National
New
16.39
_20
(J P) & Co Inc
Bank
15.28
1
10
Co
Merged with First
.1
I.
10
64
Co
&
86%
177
;__40
National
1
Inc....
10
Trust—
of Freeport___
First
Inc
Fire
265
Connecticut Bank & Trust Co_25
51
83 %
53
.
10
Meadow
'
Investment Co—1
American Automobile
47
5
20
Trust
Mutual
Companies
-74%
!
Co
Bank
Manufacturers
19.83
Hanover
Bank
Hartford
Bank—
Long
Wellington Fund
200;'
47
7.63
Ask
192
65%
43
10.55
Sterling
Aetna
633%
20
6.98
Rye
Insurance
Union
Bank
9.71
Investing Corp
Fund
34
50
_16
Co-nnecticHt
l
Fund
13.1k
Wisconsin
20
Co
Bank
Trust
City
53
1
6.10
Whitehall
49
1
19.44
1.73
30'%
Ltd
12.06
7.38
23'%
National
33'%
Inc..1
22.43
..100
Bank
National
Cleveland
159
Bank
Natl
&
43
Towne Fund Inc.l
1.57
10
York
National
6.74
lc
38'%
35%
153
31%
6.67
X20.56
Fund
Trust
Rochelle
Trust
Trust
Cleveland
55
25
40
Morgan
Fund.lc
Insur
Tr
Industrial Bank of Commerce. 10
8.37
Institutional Income Fund—lc
Institutional /Growth
515
523%
Irving Trust—1
Kings County Trust Co
19.82
Fund
4" 5
51
Bank__10
7.95
10.14
Investors
312
500
Northern Trust Co
13.88
7.66
23.01
305
475
Harris
517/a
_lo
(The)
9.28
21.04
—100
Savings Bk-,.100
First National Bank
64
Franklin Square N Y
18.23
Washington
73
101
257
Central
National
1
Income
70
50%
——lo
City
33
98
Trust—33%
62
—
Co
&
10
&
251
Bk &
Westchester
Franklin
Ask
Illinois
Bank
100
Bank
State
Bank
New
New
of
Albany—
—.—10
National
First
of
Continental
Fiduciary Trust
First
Bank
National
Exchange
Federation
1
8c
Bank
York—
Trust
Shares. 1
lc
Xnatitutipnul
Corn
County
Bid
Chicago
City Nat'l Bank and Trust.—25
Trust-
Inc
Line
State
new
Manhattan
Fund
Fund
Street
Co.—
stock div)
(Ex-100%
Bankers
Fund
Wall
form
New
Income
Value
Manhattan
Manhattan
of
Science
Van Strum
Institutional Shares Ltd—
Institutional Bank Fund
to
United
Line
Par
ttiu;
Albany, N. Y.
the
United
-Value
Companies
Ask
7.27
Inc
United
Boston
of
Fund
Bid
York
of
Hanover
Inc—
Texas
Haydpck Fund Inc—
Income Fund
99.728
1955
12.77
Canada
Incpme Foundation Fund Inc 10c
99.765
99.716
_____
99.782
99.747
1955_
1955
Fund
9.46
40.03
Hudson Fund Inc
99.883
99.771
12,
1
8.63
1
1955
May 5,
Ask
99.809
99.793
May 19,
Guaranty
1
38.86
i
1955-
1955——.
99.939
12.5&
of
Canada
lc
value
1955
1955—
'
4.27
Growth Industry Shares Inc—1
asset
2,
1955—1
12.3d
(Net
June
(White Plains N Y)—__16
Equipment shares
1
99.972
Empire Trust
(net
12.54
Shares
26,
99.964
21,
75.25
Utility
May
1955——.
Commercial
Clark
&
Stock
Common
v
Bid
99.992
28,
Chem
11.60
12.34
Dollar Value
99.989
1955
April
Scudder, Stevens & Clark-
13.93
Treasury Bills
A*k
April
27.34
26.80
1
1
1
—
Fund.
71.25
3.88
2-
Dollar Value
Bank
1
11.27
1.85%
13.49
Investment Corp.."
& Farnham Fund.__l
12.72
1.80%
b2.00
12.41
Investors—
lc
bl.95
3-56
2.50
Stock
Street
lc
1.75%
1-55
1-
Merged with Chase National
State
lc
bl.90
12-
1-55
Bank
Southwestern
shares—
1-55
1-55
4-
18.16
Sovereign
—_
11-
3-
1.95%
21.01
3.44
stock
1-55
1.60%
1.60%
16.64
10.03
shares
1.60%
1.6O':
bl.80
20.59
——
Fund
37
33
10.67
shares
Lcot:
bl.80'
1-00
*
9.74
Railroad
bl.75
1-55
9-
New
9.15
Bteel
1-55
8-
1-54
Bank
3.12
-Tobacco
7-
1-54
12-
27%
lc
.
1-54
11-
Par
lc
—___lc
Bond
10-
1.25%
9
shares
shares
Petroleum
Railroad
RR
shares
1.25%
1
Growth
Inc
Scudder,
7.0i
9.69
lc
shares—lc
shares—
Ask.
1.25%
Bank & Trust
26 %
—5
Inc
Inc
Inc
Rowe)
Puritan
shares—
Institutional
Fund
(T
13.47
Fully administered
bond
Trading
Fund
10.68
Electrical
Bid
Due
20.52
8%
—5
—
Fund
13.15
9.75
lc
Food
&
Street
11.39
Equipment shares
General
preferred
12.01
.
1.70%
3.44
Amer Investors com.. 10c
lc
lc
;—
bl.85
Dated
22.67
25.02
—
Stock Fund_lc
res—
(The)
Common
3-55
8.29
Philadelphia
Capital Growth Fund—
Chemical
10-
Iiofth
7.72
8.89
3.83!
20.97
Capita,', r"Uhci
Car^„a Ltd—„1
American Trust Shares-
4.35
1
1-55
Rate
York
4.00
lc
4-
May
lq
t*_l
1955
shares
6.15
"3.54
Inc.-lc
Canada
Inc—
Series
Automobile
1.35%
8.12
Series—-—ILl
Stock
•«o.39
In^nafs TrustZZZZ
Grtr^ Securities—
1.40%
14,
14.04
General
bl.65
April
.Fundamental Investors Inc—-2
Industries Fund Inc;-WW.___T"
General Capital
Cr^jj
i
1-55
5.20
8.41
Gas
1.65%
6-
4.76
New
>
bl.85
7.
10.35
1
3-55
April
7.68
_—.—
10-
6.84
X9.44
Futures Inc
3-55
10.30
lc
series
stock
1-
8.26
Preferred stock series-—lc
Common
1.45%
9.42
Stock
Natural
v
t6.23
1.30'.:
A
Growth
14.94
13.63
^Mutual Fund—
'Fx' t\yo-for-one split—_
Franklin Custodian Funds l..c—
Founders
bl.60
12.10
7.43
l
Stocl: Series—
54%
51%
2-55
Series.._____1
Speculative
Series—
1
3.94
3.60
Inc_l
Corp
Due
18.53
11.07
l
Series —_l
Preferred
28.61
26.46
5-
1-54
Series-
Income
Fidelity Fond Inc
Financial .Industrial Fund
Ask
2-54
9-
20.14
Investors Corp
Balanced
Bid
8-
1.20,%
14.41
18.62
Dated
1.20%
14.51
14.51
—1
Interest.;
National
21.41
—20c
1
Securities—
Fund—
National
1
20.03
^und
Inc
Shares—■
beneficial
Balanced
fit Howard-
Si ock
Fund
Trust
Nation
2.69
7.36
23c
Rate
interest..*
Corp—
value—______ 1
asset
Mutual
of
2.50
—
Shares
Fund—
Shares
'
9.a3
Diversified Trustee SharesDividend
Invest
Mutual
v
Life
beneficial
the
New
York
issued,
Ex-rlghts.
*,
r
98.26
9.21
shares...
16.87
Ctfs
decimal
Bid
shares————lc
Petroleum
Inc '
l'%s
l%s
Special Investment
20.29
■
.—.
Maturity—
lc
shares.:.
1
_1
98.10
1958—
1,
.
0
shares————_le
Paper
145
140
12.53
16'A
Funds—
1
Fund—".
1957-55—
1,
Nov.
100.18
99.29
Figures
11.46
Electrlcul Equipment shares.lc
General Industries shares—lc
Steel
Investment,
1,
Ask
100.12
;
99.30
Certificates of Indebtedness—%
Value)—
Automobile
,
30.2(1
27.93
1
Oct.
1956-
U. S. Certificates of Indebtedness & Motes
15%
25c
Mutual Fund—
Asset
.Managed
9.48
Income
Fund
Lexington Trust Fund
20.19
Inc
point
Bonds—
2 %s
1955————
1957
7.31
8.72
Western
Dividend
Priced
10.82
18.60
Iuc
1%S
Bank
1,
2%s Jan.
10.15
1
—
Feb.
a
13.22
9.91
.
100.1
17.28
1
—
Stockst
Com
6.67
100
Consolidated Investment Trust
Crown
2s June 1,
11.47
15.84
(Income
9.38
com__ .100
Inc_
Fund
12.52
1
(High-Grade Com Stk(„1
l
-v
99.31
1, 1958
8-2
Investment-—1
Concord. Fund
1,
1.90s
S-l
Composite Bond Ai Stock
Composite
l%s June
Knickerbocker
1
.—
Commonwealth
12.56
21.50
Keystone Fund of Canada Ltd.l
_•—__1
_
Securities
Christiana
(Speculative Pfd Stksl
11.50
a1/4
of
Bid
2%s May
1S0.1
Cooperatives—
19.71
11.03
1
99.31
_____
32nds
more
or
Federal Land
1955.
for
1
22.08
Inc
Fund
15,
Central Bank
1
—
'Life Insurance Investors Inc—1
Century Shares Trusts
Nov.
21.64
Bonds)
Pfd Stocks)
10.18
Capital Venture Fund Iiic—1
Chemical
19.84
15 1955
one
Ask
2%s May
27.91
13.53
30.33
1
represent
28.07
25.58
Aug.
1.90s
26.89
20.42
———L—
Fund
1.80s
-
Bonds>~1
Bonds)—1
Priced
(Income
,
Canada General Fund
(19541
Fund
5
Inc_j.__H)c
Fund
Broad Street Invest
Bonds).—1
Grade
22.56
Boston Fund Inc. J—1——"_.--_l
Bowling Green
(Medium
point
Bid
19.78
4%
America.—*
of
12
19.38
Custodian
(Investment
B-2
decimal
Federal Home Loan Banks—
12.45
1
Corp.
Ridge Mutual Fund Inc.—1
Bond
Keystone
alter
19.87
1
B-l
inc
Figures
9.34
18.18
1
—
14.18
Development
Mutual
Boston
of
Obligations of Government Agencies
Ask
8.54
America—I
Mutual
1
Asociated
Atomic
Bid
Par
Trust
4.48
Fund
American
Mutual
Ask
Bid
Par
-_--oe
Aberdeen
Monday, April 4, 1955
,
<i 5S7)
Number 5417 ...The Commercial and Financial Chronicle
Volume 181
Third Federal ReserYe
THE COURSE OF BANK CLEARINGS
District—Philadelphia—
Week
1955
this week will show
Bank Clearings
decrease compared with a year ago.
a
liminary figures compiled by us based upon telegraphic
advices from the chief cities
Pennsylvania—Altoona
Bethlehem
corresponding week last
2.8% below those of the
year.
1,673,170
1,386 821
1 Hit +.7
16.0
1,912.329
l *•;«
8.4
1.55 +410
} £
2.0
+
4.217037
—
4,420,365
+
7.7
1.182.000 003
3,135,197
+
0.6
3,113.331
—
2.7
Our comparative summary for
>
J + ll
A
6 144.2+9
5*:-.
2.890.82*
2*«i*
J
6,4509 3
8 «_'* I
1
+
25.3
12.844.410
11
+
30.8
11,168.800
13+1%, "i
3
1,209,642,437
+
7.7
1,233,747.9*0
| 13#, Si* 1
•
2,707,098
6,817,546
8,419,407
Delaware—Wilmington
14,952,952
11,937,171
11,853,078
9,060,680
Jersey—Trenton
OOtt u» 4
7.6
6,013,074
Wilkes-Barre
York
1 0+ »
—19.0
5,852,269
'2,500,000
New
Friday cf 7.1%.
loss for the week ending
a
"*
1,159,000,000
+
'
there is
'• *
<#■*
X
4,509,390
Scranton
At this center
.
i 1' i
1,248,000,000
3,154,622
Philadelphia
Reading
Our preliminary total stands
$19,650,140,977 against $20,206,610,367 for the same week in 1954.
at
•
4
%
6.9
—
1,442,523
1,871,919
l*«l
1953
Inc. or
Dec.
1,635,003
1,715,122
i__
Lancaster
for which it is possible to obtain weekly clearings will be
cities of the United States
t
1.522,601
_
Chester
indicate that for the week ended Saturday, April 2, clearings for all
of the country,
Ended March 28
1954
t
Pre¬
—
*
»
I'
t
the week follows:
•"
CLEARINGS—RETURNS
TELEGRAPH
BY
-
^
1,176,000,000
1,134,000,000
+
3.7
578,463,897
622,665,317
—.7.1
327,400,000
—
\
4.2
522,742,000
+
403,100,079
392,676,331
Youngstown
450,753,543
A})&*
.'vr-
272,173,217
313,896,486
—13.3
« v
-
-
'
■
i*
Total all cities, five days
.X-
$18,378,648,498 $19,491,807,015;
__
All cities, one day
-
+-X
9,212,429
+ 19.6
6,591.603
5 1V* fc«.»
+ 17.3
9.816,0 *3
8,330.084
382,845,979
363,965,206
+
5.2
402,817,869
.1,102,176,179
+
7.0
1.148.65i,11t
:
3,525,492
are
we
able to give final and complete
For that week there was an increase of 3.4%,
March 26.
this
at
"
city there
week in 1954,; Outside of this
same
showing
center
was a
Augusta
the aggregate clearings for
Louisiana—New
Total
4
106,244,355
1.7
316,900,000
20.7
336.400.000
4,370,328
31.8
fc.731.82S
4,036,006
District of 11.5%.
,
.
(10 cities)
Indiarra-^-Fort
New
3rd
is a
Wayne
South
i j** m«» a
9,052,790
451,835
11.0
186,874,644
182,673,323
2.3
7,95tt, 173
408,741
163.851.371
151 3f,4 > k
1,121,489,215
976,321,169
+ 14.9
943,590,871
(47MJ>
5th
6th
York—
..
.
;
:
..
-
.
8th
St
10th
1,178,944,220
1,102,176,179
711,137,673
580,717,602
+
"
1,121,489,215
976,321,169
+14.9
"
1,231,136,438
1,136,101,403
.+ 8.4
1,215,810,229
,1,133,534,780
4
"
626,998,245
612,476,789
2.4
601,336,701
535,606,899
"
7
491,077,445
482,813,477
+
—
452,140,272
427,430,225
1,021,836,930
423,746,728
1,008,092,996
18,531,800,459
17,366,499,133
9,250,673,173
611,169,435
L— 6
Total,
"
'* 507,496,247
463,237,415
10
"
1,090,706,150
978,679,636
19.939.892,926
19,276.955,533
.+ 3.4
10,005,022,880
9,201,880,978
+ 8.7
110 cities
:
-4
City
'
add
now
570,509,009
+"9.6
+11.5
—
New„ York
"•
'
.....
our
'
.'
'
'
X
'
-
'
•
detailed statement showing the figures for
1
1
City
Illinois—Bloomington
—
;
Chicago
;
,
;
four years:
•
547,968,180
.
,
each city for the
' ,
'
■
Clearings
1955
at—
Portland
J.
Fall
V
K
——
—
Bedford
New
'J
——
,
Total
——
Total
(12
*
,.
cities)_______
6,956,728
2,595,658
13,184,058
York—Albany
._»_X
St.
South
+ 21.1
13,503,578
22,285,300
*+15.3
35,126,700
12,715,138
32,636,200
1,762,637
*fl5.3
1,741,532
1.500,241
713,343,222
,+ 11.4
721,869,383
692,903,080
*
-
*■*
-
20,308,926
—14.3
20,755,582
20,088,780
3,248,651
109,974,362
Elmira
1,926,302
2,036,434
5.4
2,511,100
2,297,360
Jamestown
2,198.924
1,637,572
'+34.3
2,230,293
1,601,713
Rochester
29,639,601
___
New
Total
25,371,357
15,228,611
_
New
(11
Jersey
cities)
16,554,441
'24,000,000
—
*-
1.4
+16.8
9,281,127,286
8,650,868,690
25,444.311
8.0
15,801,368
15.495,679
+
6.3
'23,000.000
21.397,713
63,768,847
.
54.111,050
+17.8
50.408,635
66,943,666
+ 24.1
66,648,512
10,300,535,821
10,402,012,801
1.0
9,605,742,599
..
13.277.860
7.6
1.199.017
I m*
9.1
881.302.000
81+ 401
+
*6 177.6.19
,4,
3 6*'8 *i I
14.4
4.363.012
6.3
11,335,819
13
10.9
8.339,177
II
4,257,743
4
14,7
3.814,612
3 444
1,136,101,403
+
8.4
1,215,810.239
4
*
*.*£t
>
*
1.133
—
Louis—
323.000 OTO
a** oft* * t
160.30I.6D
14?
3.2
115,997,449
ItWl S+*
2,001,625
8.2
2.129.625
+
2.4
601.336.701
+
8.3
6,371 5+0
6 SIS *r
+
0.2
314.160.773
106.153/14$
*18 ra r*
612,476,789
5,837,488
4,306,791
323,721,278
135,641,133
6,547,400
3,607,323
4,613,552
4,318,478
10,824,088
11,404,345
482,813,477
491,077,445
124,643,627
7,793,233
—
(7 cities)
-—
%
*
I
2 MrT
*
d
—
8.1
V8 * t
*
•
46,278,544
63,744,222
8,956,915,775
4,571.99#
3 44
5.1
11.154.160
7^ 1.7
452.140(272
+
6.5
89fc,*2f
+
30.7
573,55fc
—
1.5
8,4rJU.2:<3
—14.2
147.512.314
—
—
Wichita
Falls
Total
(6
—
12.1
11,J57.«>90
32.7
3.316.108
611,169,435
Total
-
:
:—
(10
total
New
3.3
(110 cities>
Clearings operations
57O.5O3.00J
541 >41IU
8,166,092
+
6.5
1841.530
+
9.0
369.119.151
29,854,326
+
11.5
28,006 838
5,811,000
+
21.0
6,257.286
a tit
t Ji#
6,318,751
+
7.0
6.104 290
11,115,106
+
23.7
10,100,490
463,237,415
+
9.6
427.430,225
-t
10.8
179,330. #33
+
15.1
3.911.004
+
4.0
177.172.8^7
+
10.7
75.874.707
+
?5.0
18 8*7 50*
4
24.4
12,620.35*
166,714,910
184,705,782
4,750,305
4,127,458
159,030,765
152,910,657
14,978,405
587,313,409
20,070,925
5,792.238
9,610,959
74,093,021
17,955,869
12,042.980
523,600,714
14,559,0'?3
4,657,909
8,017,025
4
12.2
524.750.8fcl
4
37.9
13,812 613
4
24.4
4
199
978,679,636
+
11.5
1.021.836,930
19,276,955,533
+
3.4
18.531.800,459
10,005,022,880
9,201,880,978
+
8.7
9.250.813.113
1,090,706,150
cities)
York City
3 #4 I V
3^57,157
19,939,892,926
Francisco
Stockton
i" t
» #11
401,972,140
22,450,774
:
w
10 lit* 1« »
+
3,039,005
82,002,588
Barbara
•#
mi
16 VU 8* *
+
Beach
Jose
$"»i
14+ j
3*9 »* <$ "*> *
4,146,152
City
Pasadena
San
7.077.23#
in >».»
%>
20.176 2"3
District—San Francisco—
_____——
Oregon—Portland
San
t»
368.042.99C
384,262,669
507,496,247
—1-
:
'
Lake
*
District—Dallas-
Yakima
Utah—Salt
ie ia i
1.1
591,287,023
——
Twelfth Federal Reserve
Washington—Seattle
California—Long
5.3
.
cities)
♦
3.1
—____——
Louisiana—Shreveport
>
* «
»
+
+
8,693,130
437,956,789
33,299,313
7,032.000
—L—;;
6,760,458
13,754,557
Galveston
(a)
6.8
+
—
Worth
Outside
2
.
5,501,166
.("■)
Eleventh Federal Reserve
Grand
4.
3,635.017
19.0
?1.2nn.)PR
01.953.717
388,634,894
City_
Texas—Austin
Santa
170,532,052
8,624,864
8,167,604
—
cities) ___L—
(9
7,430,101
7,319,154
146,374,912
—
f.
Total
555,982
726,517
—.—1
Pueblo
870,675
927,393
<
_____
—
_i_.
J41 9*
6,0 <2.739
+ 19.4
+
District—Kansas City-
;
21,920,061
—
83.104,197
Jersey—Newark
Northern
10,075,074,555
'25,500,000
Syracuse
35.058,711
14.1
5.3
—
St. Joseph
—
Colorado—Colorado Springs
27,702,806
4,101,491
* 113,714,021
Connecticut—Stamford
7.7
4
0.5
V-
Wichita
30,833,465
12,813.762
9,934,870.046
4
4
—
4
6,323,959
Kansas—Topeka
9.5
+10.4
___
3* 12-1 So *
22.2
4,853.603
District—Minneapolis—
Tenth Federal Reserve
—
34.778,821
—19.4
York
»
4 4+3 T.+#
113,131
114,386,9:18
!_—
Total
7,737,769
3,942,197
New
O 4*
149.952,883
+
4,070,711.
324,308,227
Helena
7,947,933
112,032,603
—:
Rrt m t
£
2.770.635
1.0
7,250,443
Montana—Billings
1.2
3.178,443
_____
Buffalo
8
4 18.0
—
11,454,419
Dakota—Aberdeen
+
8.308,656
123,715,055
> Binghamton
833,391,141
626,998,245
Paul
Fort
31.478,807
17.405,795
—
1,406,584;
9,148.7^*4
4 36.3
«»• *
171,988,166
cities)
(4
Dallas
Second Federal Reserve District—New York—
New
61.677.000
-
North Dakota—Fargo
9.437,255
794,777,767
—
1.6
%i *
324.100,000
Minneapolis
2,903,830
2,031,594
-
Hampshire—Manchester
+
36,493,403
v.
Ninth Federal Reserve
11,224,302
+28.6
606,679,923
2,973,189
1,061,422
25,702,100
__
fc 51W
15,041,099
1,299,356
909,302,911
Minnesota—Duluth
9,892,899 • +18.2
'
7,141.506
172,790,703
110,740,890
2,166,652
—
Illinois—Quincy
%
2,676,512 <*+24.3
+15.9
968,915
'
»
7,109,001
18.3
*>. 341,300,000
Louis
Kentucky—Louisville
Tennessee—Memphis •
3,969,218
590,283,753
2,017,629
1,174,109
1,871,180
+
15,509,760
--
_•
Rhode Island—Providence
New
1,857,782
1.907,386
+11.4
+12.2
1,246,023
8.403,052
Haven
t
2,952,369
-
t
5 »«1 w
+
4,658,950
12,170,408
-
Eighth Federal Reserve District—St.
Missouri—St.
Omaha
1953
%
610,328,966
11.6C9.575
______—
Connecticut—Hartford
-
.
5,966.123
3,422,373"
"B,326,046
__
Springfield
Worcester
X
——
10,2:4 t
7.126.877
118,818,668
4,462,813
.
(17 cities)
Lincoln
,v'
1953
3.6
4,760,292
685,010.074
-
River-
Lowell
>. New
1,814,093
4.932,601
Massachusetts—Boston
1 109 H *
12.823,374
1,231,136,438
'
Missouri—Kansas
2,020,762
-
---.I
—
Dec. f.
-
Districts-Boston—
Maine—Bangor
i.62« ym
33.5
4 22.6
8,037,414
.
-
PeOiia
Hastings
Week Ended March 26
1954
Inc. or
$
t
First Federal Reserve
C9.2
+
4,883,233
Decatur
Rockford
Nebraska-:—Fremont
week ended March 26 for
,t
8,715,630,443
591,287,023
—
408,749,973
1.7
3.3
"
City——— 9
San Francisco.—.
We
"
"
589,128,076
943,590,871
Minneapolis—
Kansas
1,233,747,986
+ 7.7
Louis
1. Outside
'
1,209,642,437
10
_
11th, Dallas
12th
1,302,550,750
721,869,383
9,605,742,599
17
—
Chicago
9th
"
6
$
;
.1,148,658,178
10,402,012,801
713,343,222
7
Atlanta
7th
x
»
M* %
64,603,000
9,481,183
3,063,473
117,680,725
—:
Moines
Sioux
.
+
5,455,133
-
Iowa—Cedar Rapids
1952
8
7.0
10,300,535,821
Richmond
* ♦
7
6,195,883
39,315,562
Wisconsin—Milwaukee
Des
1,764,956
12,086,194
X-'.
2,987,010
16,129,123
7,598,282
'__r.—8,413,576
i
J, 65,619,000
Haute
Total
+22.5
"
Cleveland
7.8
District—Chicago-
—%—-—
Bend
Terre
.
692,903,080
8,956,915,775
1,138,525,316
1,077,682,985
554,968,576
887,803,845
11
Philadelphia
4th
Dec. %
791,777,767
>
I
201,516,277
__
Indianapolis
Dis¬
decrease
,1953
Inc. or
$
11
Boston
2nd
1954
+11.4
— 1.0
12 cities
1st
*
143.674.639
X*
Orleans
Lansing
Federal Reserve Districts:
$
.
,
4
4,007,IMt0
158,433,431
CLEARINGS
GF BANK
1955
26—
March
Ended
Wet k
^
4
Jft/M J
16.8
Springfield
SUMMARY
6
24 3
416,581
Seventh Federal Reserve
District there is an "increase of 9.6% and in the
'.In the following we furnish a summary by
61 559 S:
311 eooot»3
10,047,250
'
San Francisco Reserve
»
50.4
.
Michigan—^-Ann Arbor
Grand Rapids _^___
District of 2.4%, but the Minneapolis Reserve
3.3%, but in the Dallas Reserve
of
7.4
»
211
gain of 8.7%, the bank clearings
In the Kansas City Reserve District there
trict suffers a loss of 1.7%.
589.128.076
27,342.652
94,778.919
"
and the St. Louis Reserve
8.4%
22.5
**
Sij;
97,167,314
i
*
0 074 "
IS.161 0M0
111
166,300,495
___:
Mobile
improvement of 11.4%
and in the Philadelphia Reserve District of 7.7%.; In the Cleveland Reserve District
the totals are larger by 7.0%, in the Richmond Reserve District by 22.5% and in the
Atlanta Reserve District by 14.9%. The Chicago Reserve District enjoys a gain of
-
«U>
162.089,946
Mississippi—Vicksburg
1.0%, but in the Boston Reserve District the totals show an
r
20.8
24,202,091
6,068,752
194,202,967
:
Alabama—Birmingham
this city) the totals show a falling off of
the New York Reserve District (including
'_
Macon
located and from this we note that in
are
+
580,717,602
382,500,000
5,758,895
:
Florida—Jacksonville
We group the cities according to the
decrease of 1.4%.
a
Federal Reserve Districts in which they
99,909,233
26,003,275
108,100.574
Georgia—Atlanta
having amounted to $19,939,892,926 against $19,276,955,533 in the
the whole country
1.011
Sixth Federal Reserve District—Atlanta-
week ended
—
5.632.S23
288,312.089
:711,137,673
Tennessee—Knoxville
however, which we present further below,
results of the previous week
178.113,846
31.1
120,681,488
(6 Cities)
16.848.000
10.8
+
+
365,728,6*60
.
3.0S4.3OS
+.19.4
+ 14.0
+ 18.7
4,985,413
278,970,411
thej above the last day of the week in all cases has to be estimated.
the elaborate detailed statement,
i76,959,134
5,915,678
Carolina—Charleston
Nashville
In
3 *28, #*.1
3*5.10V<M*
2.8
—
and the Saturday figures are not available at time of going to press.
Accordingly, in
16,940.000
Maryland—Baltimore
.'XX Complete and exact details for the week covered by the foregoing will appear
in our issue of next week. We cannot furnish them today, inasmuch as the week
ends Saturday,
2,953,411.
_
19,306,000
195,980.355
District of Columbia—Washington
;
+ 7.9
$19,650,140,977 $20,206,610,367
1
__
Richmond
3.1
—
714,803,352'
771,492,479
__
Total all cities for week
31 6 "8 •/•*»
1,178,944,220
Virginia—Huntington
Virginia—Norfolk
Total
-r
45,361.403
Fifth Federal Reserve District—Richmond—
South
•
2.0
—
9,774,067
__L;
West
4.4
+ 2.3
3,574,316,755
3,657,462,395
-
—
.
other cities, five days_l'___
v
.
-
t
44,316.400
-f 1.7
$15,221,186,103 $15,917,490,260
_
.-.f'
-
4
4/2 *43 *
i.
cities)-L-
(7
+ 2.7
458,269,907
V
Ten Cities, five days
.
•#
211*511
4 42.227 jmn
___v—
Pennsylvania—Pittsburgh
Total
..
234.341 J293
7.0
•,
^r^^ittsbur*h
<
j.
_
Mansfield
"
Ealtimore
7.459.041
4.0
+ 10.8
11,014,750
Cincinnati
+ 7.3
333.397,714
313,800,000
559,256,000
__—
^:>>''.yr2^Clcveland
6.0
+
Columbus
357,894,900
Francisco
V 9
+
422.419,475
;
Cleveland
Louis
San
5
7,974,020
245,958,565
467,932,082
43,256,000
6.1
8,451,083
255,670,259
Ohio—canton
+
Kansas City
^
V
<*
1,302,550,760
Fourth Federal Reserve District—Cleveland-
7.1
922,924,394
Boston
■
—
979,409,673
:
Philadelphia.
,
,
.
cities)
(11
% *
1954
$10,122,813,430 $10,897,034,475
York
Chicago
:
'
1955
Week Ended April 2—
New
Total
—
discontinued. * Estimated.
-
>1
*0 9-m It
42314+,lu»
176 t**+ 511
1»U
A
ju :*>•«
*«» i<n .4'
j*,***#*.
11 «M4§S*
Sit 'JMS
11 1 *4 *.
287.KM
4 4VI
11.188.1U
8 HO
4
U
IflOtO-J'**'
17 7+4 * •# 1
8,7II
♦
Number 5417
81
The Commercial ami Financial Chronicle
...
(1595)
47-
CANADIAN MARKETS
RANGE
ftHmf
STOCKS
VMS
el rw«
Par
Lew
A
ll%e
nda
•
Mines
High
Low
Itc-tt'.e
23,009
9c
1.200
64c
Bt'.c
8 hi
1.218
1 "w*
3 (HH>
I
if
Mar
l.HB
;
Jan
-
LHC
.
dtic
Mines
Kital
Mining
ak
Oil
&
-
_
Mines
Inca
Ltd
Star
Nickel
1
Mines.
jrn Canada Mines
jvestern Utilities
Mines
preferred
,-r:-
73c
Mar
Jan
18c
Mar
Jan
4.30 Jan
20 VaC Mar
1.559
:
37c
Tamblyn Ltd
Preferred
Tandem
Malartlc
ry
V Exploration
Jockey Club
pref G% ser A
16c
Mar
Feb
55c
Feb
14%
FeD
o
v
io
3.95
Jan
Texas
iska
Copper
da
6%
96
Feb
Toronto
Jan
74c
Mar
Towagmac
28 ooo
Be
Jan
7%c Apr
75c
5%
General
51 %c Jan
Jan
9c
Jan
99.500
4%c
Jan
7c
Apr
Trans
Era
4,050
1.33
Jan
1.59
Feb
Trans
25«»
23*.
10
3 90
♦ 10
63.013
3 90
!
:
3.30
3.33
22c
♦2c*
19VaC Mar
Trans
Empire
.1
10%
10*.
Trend
Jan
4.30 Mar
3.25
Jan
3.85 Feb
2nd
Feb
37%
37%
590
343/4
8%c 12 %c
12,700
47
1,778
41
101
53c
Jan
Union
Feb
HVtCMar
60c
r*
32c
16.100
7Uc
Oc
28c
♦3c
35c
l m
l.bS
1 10
104
48
-
15c
•
Jan
61c
Mar
24c
„
Jan
33C
Jan
1.23 Mar
8c
313
1
7.9$
.7.73
25
22c 22 Ue
5,685
36c
36c
.1
<fe
303
2.70
3 20
40c
4k
23c
Jan
United
12%
Jan
United
Corp class
Fuel
Engravers
41
41
41
United
Mor.tauban
9c
Mar
United
Jan
41c
43,890
35c
Jan
46 %C
20c
25 c
88.400
8 %c
Jan
42c
5.00
18,544
4.35
17C
22c
182,730
6
7
4"0
45c
Mar
United
15c
Feb
Feb
98c
3.15 Mar
47c
Jan
36c
Feb
7.25
Jan
20c
Mar
7c
Mar
1.95 Mar
5.00
B
Upper
Crow
Gold
133
1 15
200
1 40
2 02
Jan
Mar
6
7
Apr
11%
1.975
41%
700
40% Mar
22 %c
21VsC
23c
9.0 U
21 Vac Mar
5.20
5.05
5.25
10,010
*18%
18 «*,
61
61
61Va
28
2w
preferred- 1—50
preferred
—25
•
—
*
Hill
]><
21
62
Jan
i
29
Jan
31
Jan
..
a
2,157
6bc
buc
7uc
479,tuU
1.20
1.10
1.22
42,425
*
15 %
15 Va
15 Va
1.05
1.00
1.08
.
6.50 Mar
28c
75c
1.53
Jan
16
1.00 Mar
Jan
Vanadium Alloys
*
Jan
Van
Cons—
•
Ltd
«
Rol
Ventures
9.50 Mar
Jan
Viceroy
Jan
class
Mfg
7
1.37
Jail
6%
7%
1,^50
5%
Feb
7%
Apr
4%C
5%c
1,700
3%c
Jan
5%c
Feu
241/4
27
32,032
19'/a
Jan
27>?: Mar
8%
8%
8%
100
8 3/»
Apr
9Vs -Jan
4.50
«
A
.-
—.
Class
B
0
4.50
A
100'
1
58c
49c
58c
396,810
Violamac
1
1.93
1.85
2.05
88,800
41
I,845
Uranium
ISC
193
■"U IH*
:.' 24M?
959.800
30%
30 U
31*3
I.199
Apr
42
Jan
Vulcan
32c
34c
3,000
Oils
r
87c
15.700
24C
25c.
3,530
41 •»
♦ 2U
695
SOC
8,700
82C-
Oils
River
...
50r
..1
Rouyn Gold.
Oil
East
;
Mines
Oils
—1
--
Mar
47 Va
2.05
Jan
Jan
Walker
Jan
Waterous
Feb
Weedon
Feb
West
Jan
Westeel
70c
56
3.50
4.50 Mar
6%c
5.00 Jan
Jan
58c
1.75 Mar
30c
8.700
3%c Jan
5%c Jan
2.037
12%
16
5.05
Jan
9.60
8 00
1 90
8 00
17.585
5.25
Jan
9.40 Mar
4 50
4.75
310
3.70
3 43
8.300
IOC
UUc
lie
51,000
51#
41c
34c
193.945
:i 83
♦ 23
185.895
9'f 11 Uc
II.000
♦ 54
m--*
1
Mines
;s-
7.860
2.15
3.50
10c
Jan
Jan
Jan
-I
♦ 04
-I
Copper Corp—
Labrador
10%e
..1
19c
:
Nickel
:
IOC
8hC
1.10
5.100
,3 15
3«.S
3 93
216.619
1 73
862,450
7a
Corp
1 53
-1
V
10
20c
20%
■
Mining
Class
Jan
Feb!
70c
3.10 Mar
1.08
Feb '
5 %c
Jan
13%C
43,495
4 Vac
Jan
Tic
Mar
610
22
Jan
23
sFeb
10,535
11c
Feb
24
510
23
Jan
rf-24
99 Va
102
33
bo
Jan
vfl.09'
175
38
A
413/4
(Geo)
5.25
5.70
7,050'
13c
15c
25,650
83%
71
86
Tungsten
Weston
413/4
5.60
15c
Western
•
common
Jan
4.85
r
Feb
10c
Jan
103
104
Feb
Willroy
Mines
1
2.37
2.12
2.54
118,510
Feb
Wllrlch
Petroleums
1
49c
46c
49c
42,000
9 VaC 10 %C
33.000
7c
7VuC
8c
26,000
6c
8 :J/4 c 10 Vac
14,t>UO
Gold
Winnipeg
Winnipeg
Jan
93c
Jan
Winora
4.40 Mar
1.75 Mar
777777A
Larder
Windward
4.45 Mar
11c
10c
Mines
Central
&
Electric
7%c
10c
~
Gas__
_
•
Gold
105
1
Wood,(G H)
pfd—
7,100
19c
Feb
24%c
Jan
Wood,
22
3.290
20 Vi
Jan
23 Va
Jan
12%
13
-I—100
pfd
100
%
6VaC
271
35c
26c
1.90
86
/Apr
438,200
3.75
3.75
2.10*
;
fie; ' Jan
-
11c
a: *'.:19%
105
Jan ' "
Jan
Jan
Jan
43c
v
100% Mar
50
/
2.31
-Jan
10 %c Mar
Jan
9%c
'
3.75
2.20
2.58 Mar
52c
1
Jan
12% Mar
102
••
105%; Feb
Jan
41 VaC Mar
2,383
100% 102%
Wright-Hargreaves
Alexander
14
105
103%
33C
232
Jan
iJan
'h
Feb
Winchester
Mar
103 104%
Mar
&20c
Jan
Preferred
Mar
42
Mar
-_~1100
4.10
Jan
' Mar
mi 6.10
Jan
57
4,999',
14 %c
Feb
103
Mar
Feb
3.00
Jan
3.75 • Apr
1.91
50
8,068
Jani*
2.69
Feb
9
1
45c
45c
45c
8,700
39c
G9c
Feb
2 25
2 80
431,768
84c
Feb
2.80 Mar
Yankee Canuck Oil
—1
11c
8%c
11c
25,500
7c
Jan
11c
Mar
I 04
;'i: Die
l oa
197.500
75c
Jan
1.19 Mar
Yellorex
—1
13c
9 Vac
,14c
57,300
7c
Jan
14c
-1
lie
10*
He
6,700
7%c
Jan
1.60
1.65;
1 t>0
l oo
300
..1
—
MacDonald
■V
-1
..I
urt
Mines
us
76,300'
11c
22%
18c
54c
Jan
9
Mines.
Mines
'etroleum
s
38c
9, VaC
102
Western Leaseholds
Feb
6.00 Mar
Feb
-i 9% Feb
Feb
23%
common-
Apr
200
Feb
9
9% Mar
Yale Lead
k
70%
.
Jan
Apr
11 %c 13 %c
Breweries
21c
■'
Jan
8
25 %c
v
13%
2.3 i
A__
Uranium
to
.
.1
class
Milk
1
20c
21%
Gold
ton
Ik
mm*
Metallurgical
nat
I
—
Feb
8%c Jan
"
Manltou
.
.
8C
Ashley
Grocers
Wiltsey-Coghlan
Chlbougamau
8CJ
Jan
66
879
17,500
Feb
550
22%
9 VaC
Western
166,040
9
30c
Apr
2)25 ;Jan
Jan
ll'/a
3,303
9
8%c
Western
10
68%
4.62?
27c
22%
Western Canada
8.13
66%
28c
Consol
Feb
IS
13%
68%
Products
Jan
8 25
12%
common
Malartic
Jan
10
Feb
W
Equip
Wekusko
Jan
1.10
&
13%
*
Pyrites
44
8 30
5c
G
31c
—.1
Mines
Airways
Mica
Mar
49c
7.505
5c
Jan
40
Jan
29c
2.35
•
Amulet
35%
-1
.
rants
itors
68c
23%c Jan
280
,3 03
Mar
Waite
Feb
A
Dome
Uranium
i
53U
2,15
...
Metals
n
te
4 03
a
Border
r
1
m
52%
Corp
}
1.90 Mar
16c
30% Mar
Feb
Mar
27
•
Vicour Mines
3.40 Mar
1.59
Jan
Feb
Feb
Jan
.Jan
Apr
Jan
14
14,420
i
7.30
Feb
1.05
585
..
60c
1.25
Jan
Apr
7.00
89c
12c
Jan
6.55
Jan
Jan
1.66 Mar
Jan
30c
Jan
18%
6.50
T Ii
11% Apr
46%
61
•
Canada Mines
Jan
4.80
H
6.50
mil
Mines
10%
169
v
40c
6.087
Development
Ore
Feb
.Tan
24C
ol-
A
Mines.
Gold
Jan
5 70
Feb
10%
42 %c
32c
16C
40%
Steel
Jan
Class
.Tnn
a
:r
Jan
Jan
4.80
41
Oils
Apr
6c
7.500
2.35
40c
37
21 VaC
*
A
Jan
13
——
9c
Mar
Mar
21c
HVb
B
class
38c
36,900
Gas
48
49
5.00
"III
Keno
58.200
♦2c
Mineral...
9c
.1
Goldflelds
Oils
123/4C Mar
Mar
■
Oil; &
Mar
104 Va Mar
Jan
28
Feb
37%
1.84 Mar
30c
Jan
48
«
Jan
—-1
Asbestos
United
1.800
56,810
31%
*
Jan
44%
2,716
36c
29
1.48
7
Mining
Jan
1.600
♦
1.95
33C
•
72c
18.150
1.84
34c
com
Gas
25%c Mar
22,803
■
5k
3'ic
1.85
*
73
625
S8c
5k.
Feb
new
Mar
233.923
50
31%
Jan
1.20 Jan
Jan
104
48
IIIIl
Jan
3.847,100
3'k 38 Uc
3.15
.50«
Gold
10 y4
28.500 -i
-
Jan
20
46%
Jan
4.90
Feb
-
•
preferred
40c
43531
66
—I
ourt
42%
'
*
Acceptance
Union
8,985
Petroleum
an
582
12c
*
Resources
Petroleum
Union
Feb
«V3c.
Consol
Gas.
45
*
Line
Tungsten Corp
10c
88U
.ster
Natural
Pipe
Triad Oil
6%c Jan
1.610
nder
River
44 Va
Jan
11
26% Mar
Jan
2.090
•
Drilling
2,300
46%
•
Oil
Transcontinental
Mar
2.30
oOUc
■^vUfeA
—1
Mines-
5,005
•
Mar
Mar
IOU
3or
1
—
78,600
100
Oils
5c
2.75 Apr¬
il % Mar
04
.
m«i
-10c
Amalgamated
■?'
t»7
Mines
56c
28C
1.25
31%
j
Apr
10"-
Feb „/•
45
•
_
—
Oils
60c
23 Va
%
21.900
15r
Jan
Jan
II
2.500
40v
Jan
3c
2.25
400
V'
4U
.
Tubes—
—1
A
10%
25c
1
class
Mountain
2,180
Petroleum
Mines
43c
8% Mar
1.23
40
7<
HU
i
isque
Exploration
preferred
United
Oil
45c
"III
Trusts
Finance
I 43
11U
14%e
Vestern
*
4%%' preferred
8.043
m
*•
1.00 Jan
m
__
35c
45.1,00
.1
Porcupine
2,200
4
9*% Jan
148,350
(Eastern)
ir
1.10
10
♦3c
s
Hershey
1.00
Toronto Dominion Bank
30c
3 50
1
1.10
Jan
2,13
.1
Mines.
3.00 Mar
60c
♦ U'c
_•
T
Gold
Lake
42,575
Mar
Jan
Mar
v
'
3.20
Calgary
Mar
51
13 %c
'
3.05
40c
118.500
Apr
45%
Jan
3.05
10.000
12,575
13c
Jan
7Vac
—1
Mlnes_T
Gold
2 43
2:» N»
7l
Mines.
Crush
e
Gold
Silver
IPs
-
50% Mar
5
Torbrit
■I9c-
3t»c
mm*
423/4
44
116,800
10%
Tombill
2.10
.10
Steel
65
50%
11c L3%c
13c
10%
Feb
V;
1 38
3%e
*•
45%
50%
■
,
10%
Thompson-Lundmark
10%
Teck-Hugnes
m
1
Jan
'
•
rans
1.85 Mar
10
—
Feb
«v,«
./
i 40
•
1.37 Mar
50
12c
:.-1503
,
'be
.90e
53,075
9%
Jan
bSc
1S%C
Oils
1.69
■
bSe
-Rockland
3.60 Jan
Jan
"9%
8c
7Uc
3.00 Mar
9%
_
Preferred
Traders
«u«
100
10c
•
common
163,740
1
lections
i
■v
40c
10
3.05
1.46
•
—1
49.003
94%
High
29,500
1.64
V-:
__
5.95 Mar"
1 (n;O
LOtO
13c
44%
mil
common
_
Mines
Feb
2.310
Range since Jan. 1
High
10c
3.05
43c
94%
?%e
Gold
n
__
Taylor,, Pearson
Jan
'
Lake
a
Industries
8%c
12.900
13c
•
4.50
fcfcH.700
Low
—50o
lie'
fclc
Win,
3.45
401.13J
1**C
t
**
94%
100
3 f«
Sid
§e
V.
44e
Ltd
Feb
He
SUe-' 5 %e
10e
Sylvanite Gold
Inlet
Shares
Jan
15c
Hct3%e
5l»e
__1
Feb1
17c
0.900
♦'in 4;*%c
13% e
*
Trinity
mama
I
•
ate-
Swltson
11 207
Ml
-
.
Jan
3b1 noo
*
*.»%«
14%*
—I
Oil
Irants
32C
70c
12c
»0
5.2S
*
i
Gold
Rankin
v;
_1
Oils
3
♦ 00
Surf
4 Od
II l.e
•
Canadian
♦•;»«
.
'
_1
Feb
92
of Prices
Par
14c
Sales
for Week
Range
Sale Price
Mar
c
Week's
Last
1
High
Jan
80
lie
8f«e
-—^...^-l
1
Friday
Range since Jan.
'
Corp
ou
APRIL
ENDED
STOCKS
Shares
V';.vv/ L-Wv*e
Gold
jVcme
WEEK
f#r Heck
Sale rrlee
Mines
FOR
ItlM
U*»
__2__
iic
;
10'jC
"•
22C
1.60 Mar
1,506.225
4%c Jan
2.10
Jan
Feo
22c
250
2.50
10
13C
——I
Yellowknife
fifxi
30,800
63c
Feb
85c
Jan
65c
v
Bear
Mines
1
1.61
Yukeno
Mines
1
12 %c
Metal
1
1.14
r
11 %c 12%c
72c
1.20
Jan
1.55
21,125
1.82
Feb
Apr
Jan
17,300
10c
Jan
14 %c Mar
1,873,925
20c
Jan
1.20 Mar
Mar
40c
Zinc
Zenmac
Mar
14c
&
Mines
Mar
v
2.50 Mar
2.75
Feb
'
Uranium
■\t
Long
53C
Sue
5.)f
40.240
1 55
132
1 t»5
84.340
1.25
Feb
——•
io%
10%
10%
750
9%
Jan
11
I
common..
♦be
3k
40c
526,000
30c
Feb
78c
21c
34 783
11c
Feb
21c
Apr
12c
7,100
10c
Jan
16c
Febs
Lac
Consolidated
18C
-1
1
Oils
a
I,.*'
I
Uranium
Little
on,
■
.1
tado Oils
tabasco
me.
1
lie'
•
.
toe
I0%e
'
"?
;
1.67 Mar
Feb
£Clc
Toronto Stock
f,
Mar
Exchange
Canadian
Curb Section
—
■
■
oET
Funds
'
«r
Gold
unl
1c'
390,000
i
Industries
r
Mining
—
31%
11%
♦ %c
lfe%
Ife1.
550
12c
lie
12c
3.000
Friday
Apr
STOCKS
Feb
13%
Jan
3%c
31.000
I
9c
56
11% Mar
100
3%e
4%c Feb
1,465
11%
lt»%
common
51%
4%c
10
Oil
51%
H%
Bank
te
4%c Mar
49%
Jan
Jan
15% Mar
Jan
9c
18%
Feb
12c
Apr
••••;'
Anglo
Anglo
Canadian
47<»%
140
150
1 90
2 Cj
28,030
24c
;»2c
2V
80.350
♦ 10
300
♦ 2Q
50.476
-1
Gold—
Gold
Petroleums
ure
♦4
.1
..1
Corp
ntoriio
River
66%
Ltd—
64 y2 Mar
1.60
Feb
Feb
20c
3.85 Mar
70% Mar
2.20
35c
4.95
15
Jan
Jan
Feb
Feb
14%
280
50c
1<H
188
2 0ti
50,800
1.10
Jan
2.98
Feb
Freehold Petroleums—
vilgan Water & Power comey (1945) Mines
...1
2 24
2 20
2 30
II.100
1.85
Jan
2.50
Feb
31
51%
VI
1.434
Jan
55%
Feb
class
A
14%
_
Rainbow
i
Oils
Ltd—
:.y
Creek
Gold
t Gordon
107.500
7c
Mar
16c
Mar
1.200
75c
Jan
98c
Feb
5 25
5 10
j
3.25
68.680
♦
290
27
Jan
28 Va
Feb
410
27
Jan
28 %
Feb
5 25
100
47,100
28.125
90c
Feb
*.He
1,500
62c
Feb
*
•
50
Oil—
Union
Mines
IP.
15 U
11%
573
II %
18
10
2.274
15,475
41c
52%
52 %
32%
110
4<fe"
41c
3.500
<1
April
Oil
Olsen
——*
•
(1944)
of
Ltd
31%
on
ry
Mines—
tor
Propane
Jan
1.000
4c
—
41
Feb
Jan
12%
Feb
32%
33 Va
544
Feb
39
Feb
14%
15%,
15%
108 Va
5.80
5.75
6.00
22 Va
22%
22%
985
17%
51% Jan
Feb
Jan
60c
Mar
Mar
52% Mar
l
67/a
of
24
21 %
1,847
7%
6,905
5% Mar
13%
300
12% Mar
13% Mar
58
70-
7%
Jan
Jan
Feb
306
1.000-
64
62%
64
2,383
18C
1,350
18%
18 %
18%
685
18% Mar
20
Jan
34
34
200
33
Mar
35
Securities
Jan
24%
27 Va
2,509
24"% Mar
30
Jan
24c
26c
700
19
86
86 Va
76
80
18C
•
Mines
Paper
common
27%
1
com
25 %c
7 Va
Utilities
5
33%
33%
35
Jan
1.95
Feb
6S%
Jan
20C
Jan
1.50 Mar
61
Jan
10%
9
10%
Inc
38%
Feb
13%
Jan
68%
68%
235
58
Jan
69% Mar
57%
59
295
48%
Jan
60
7.05
6.60
7.05
8,328
5.75
Feb
7.05
4.80
•4.95
1,250
4.70 Mar
5.10
Jan
48%
Feb
2H<-
2.350
26c
Jan
40c
Jan
Pend
Oreille
1
31%
31%
845
Jan
32
Feb
Price
Bros
•
10%
135
.
Feb
Third
Canadian
75C
Feb
Thrift
17C
Feb
Yukon
24
Mar
57%
Minnesota & Ontario Paper
Pato Consolidated
12
9
1
Feb
Gen
44
Jan
Jan
4-1 %
44 %
3.312
41%
Jan
13f
l"c
579.425
5%c
Jan
19c
8 30
9 15
70.975
7.60
Jan
9.15
12 %C 13 %c
3H"
3*.
35.100
12 %c
Jan
124,790
30c
Feb
8 30
83.635
Stores
2
7~1
Consolidated
IP
47
Jan
Apr
Apr
15%c Mar
55c
8.30 Mar
9%
a
Jan
8%
1,050
7%
Jan
2".%
50
24%
Jan
26 Va Mar
22
22
2211
2.604
19
Jan
.100
104
102%
"ioi
90
22% Mar
104■
Feb
par value.
Odd
lot sale
'
47%
1,426
6%
30
5 •%
Jan
34
999
SlVs
Jan
35
Jan
51c
Feb
68c
Jan
34%'
34
58c
60c
t
(not included in
6,100
6% Mar
d Deferred
e
delivery sale
(not
included
in year's range).
Selling ex-interest.
Cash
sale
wd When
wi When
x
f Flat price.
r
y
(not
included
Ex-liquidating dividend,
(Un) Admitted to
privileges,
year's range).
Feb
8%
No
in
year's
range.
Apr
46 Va
,
FOOTNOTES FOR OUT-OF-TOWN AND CANADIAN MARKETS
♦
Mar
6%
46%
2*
Invest
69
Feb
Jan
102% Jan
Feb
6
Mar
Feb
Apr
88%
Jan
777.5
11c
24c
21 % Mar
26c
Jan
33% Mar
700
Jan
10% Mar
16%c Mar
535
♦
Mar
2t %
19% Mar
19%
6%
62
4c
•
—
Mar
•
1.90
15c
;
Jan
31
50
60
*
Canada
International
Loblaw
55c
*
29
Jan
430
30%
1.85
_•
Intel-provincial Utilities
Mar
12%c
8'
18
Jan
30r
65
28%
61
#
Copper
72c
44
_•
Jan
17% Feb
27
17 %
1.85
500
5.10
Jan
•
16.341
700
22%
Jan
5
Oil
International
39
480
7 'K>
21
Feb
7.10 Feb
5.75 Mar
•
I
Bridge
Mar
4.500
37c
116 i
Jan
Mar
5,632
'
105
755
13%
21
Lumber
Oilcloth
44c
22
885
l«%Feb
14% Jan
4,210
28%
•
com
s'.c
26
32%
2,025
107% 108%
30%
Paper
Dominion
48c
35%
Jan
10
*
Westinghouse
Dalhousie
Feb
36c
37
3,040
•
Copper
DuPont
38c
288
11%
Investment—.
Western
Consolidated
40
11
common—l—.—'
Ltd
High
39%
5
Marconi
Feb
*25
common,
_.
—
Canadian
Canadian
High
H
40
1
(1954)
Canadian
21
*.C»C
-1
(ordinary)
inferred
Indus
Mar
14 %c
-1
Mines
Cons
Canadian
Feb
1H.
A
A
Contact
an
test
Lot¬
14
_•
River Gold
erred
50
b5c
•
Iron
General
12
21%
.1
Gold
Mining
Rock
Bronze1
Canadian
Range since Jan. X
LOU)
•
Dredging
Canada & Dominion Sugar
Canada Vinegars
11% Mar
"
common
Gold
Canadian
r>
Shares
11%
•
preferred
Coast
Low
*i?v
for Week
•
21c
-1
Canada
Gas
Co
Range
5
Corp
Dominion
18
Paper
Develop
13%c 15%e
Vic
Bros
y
79c
23
lU
tt
1st
&
10%
12)——-•
Paving
&
38%
00c
1
Brown
Bulolo
Gaspe
45c
Radio class A
in
;
Jan
IV
I 00
b*.C
1
(expires
.rd
1.12
13c
1 03
—
Oils
•rd
Jan
IV
A-_,
preferred
ona
.
Feb
Pulp
Sales
Week's
of Prices
Feb
'H«e
38
rn
5.40
15 %c
1 02
♦Oc
its
10 %c
Jan
1
Gold
t r
5.00
I
class
5.25 Mar
27*
27%
—50c
Mines
Dairies
'ille
4.80 Mar
21
27
5 25
27
1
Ltd
ons
13c
75c
27*
Mines
Standard
vood
10c
73c
common—
Mining
o
-Miller
50%
Feb
lie
—1
Breweries
14%
'1.«
.50c
ig Trust
Mines
(Quebec)
.
Par
""
Newfoundland
Asbestos
trence
Last
Sale Price
z
unlisted trading
delivered.
issued.
Ex-dividend,
Ex-rights,
Ex-stock dividend.
'
'I
•[itThe Commercial and Financial Chronicle...
48
i
Monday, April..4, 1955
(1596)
)>;
OVER-THE-COUNTER SECURITIES
p.
1.39
Investment
Co.
5.96
6.45
Investment
1
4.20
4.43
Inc_.—1
8.1.5
9.03
Trust
Asociated Fund
Atomic
Fund
Mutual
Fund
Mutual
12.04
26.89
(Medium Grade Bonds)_1
25.58
1
19.84
21.64
11.50
12.56
(Income Pfd Stocks)—__1
Priced
Bonds)
v
V
4.25
K-2
19.71
11.47
1
12.45
1-3.53
S-2
1
12.11
*
22.56
24.26
S-3
(Speculative
Com
Stk)__ 1
13.72
32.79
S-4
(Low
Priced
Com
Stks)_l
9.91
10.18
Keystone Fund of Canada Ltd.l
9,38
5
20.42
22.03
Knickerbocker
1
6.67
7.31
1
11.23
12.30
Lexington Tfust Fund
—25c
Life Insurance Investors Inc
1
11.46
12.53
15%
43.18
43.18
shares—_lc
4.71
5.19
Electrical Equipment shares.lc
6.19
6.81
4.06
Ltd
Fund
9,96
lnc__._J.__L.—1
15.32
■;
16.57
.5.44
5.9Q
Century Shares Trusti.——1
Chemical Fund
1
24.97
26.99
9-7 03
30.20
—J———1/
(1954)" Ltd
Fund
Canadian
—.—...
Colonial
com___100 11,703 12.300
...—J
100
140
145
.
(Net
Value)—Ji,—
Asset
18.60
Automobile
-
16.87
18.24
39%
42%
.
98.26
May
1,
1959—
98.10
98.18
1,
I960—
I960
97.22
97.30
98.14
98.22
99.26
99.30
2%s June 1,
Federal
99.16
13.02
14.23
Western
Crown
1 VaS
—
—
—
tl
tt
•I4
Nat! Mortgage
Fund.—'__-1
Income FUnd Inc.—_1
Vegh Mutual Fund Inc.——1
14.55
v':"|
||
Assn—
23.53
•;.
_1
10.81
Diversified.Investment Fund—1
9.06
9.d3
Diversified Trustee
*:
3.70
l%s Oct.
X8.40
28.95
31.30
26.48
b.uo
Equity Fund Inc
Fidelity Fund Inc____—
Financial industrial Fund
Ii?£Ll
Boston
6.88
54%
■-
Vx
tUfO'-for-one
stock
COHrmUh
Frefiensed
i
7.66
Inc——2
General
8.41
.
—1
4.00
1
65.90
70.86
Stock
Stock
Petroleum
—lc
Pine
shares
_lc
11.27
Building shares
———lc
—lc
7.59
8.32
9.75
10.68
—lc
11.39
12.4/
Stock Fund_lc
12.01
(The)
Common
Electronics
12.34
6.39
10.62
shares—i.—1c,
9 36
10.26
Industrial Machinery shares-lc
Institutional Bond shares—lc
13.42
9.70
Railroad
shares^
Bond
Fund
Stevens
Scudder,
Fund
12.41
7.15
24.24
26.21
1
36%
37%
Inc
Sovereign
3.12
3.44
35.02
35.02
1-54
8-
1-55
bl.80
1.60%
12-
1-54
9-
1-55
bl.80
1.60%
1.95%
15.53
Income Ferandatlon Fund Inc 10c
2.41
Inc—_1
9.00
9.84
Value
8.51
.9.30
Value
Line
16.28
17.60
12.54.
71.25
1
29.28
29.23
1
Fund
Fund
11.36
20
21%
7.27
1
Canada
Ltd
12.77
1
7.95
13.83
Inc—
Continental
Fund
1
9.71
10.55
Fund.
l
6.98
7.63
Accumulated
Fund
Shares. 1
18.23
19.82
2.63
United
Science
Fund
1
9/28
1.21
Inst Fowadatien Fund
lc
21.04
99:939
99.943
June
April 28,
19551955—
May 12, 1955May 19, 1955-
99.913
99.922
June
May 5,
99.883
99.892
June
99.852
99.883
June
99.825
Bank
Chem
1
-1
'
15.28
of
27.4B
25.78
5.42
5.86
Companies
Par
74%
Fire.
Hanover
—__
10
Hartford Fire Insurance Co
10
Hartford
r
10
Steamboiler
Jersey Insurance Co of N Y..10
46
50
Fidelity A Casualty—5
35 %
37%
Lincoln
390
37%
35%
5
Co_5
*
42
(Newark N J)__2l/s
32%
C) „_1
3%
-
45
Maryland
-
33%
4%
Casualty
/
.10
common—1
41%
Fire
56 %
59 %
Merchants
&
12%
Manufaci
26
28
National
82
85
National Union Fire-
-lo
136
144
10
Connecticut General
Continental
5
J)—5
10
Northern
138%
Pacific
103 %
112%
Pacific
Indemnity
10
Assoc.
*
Employers Reinsurance
lo
Federal
4
,
69
70%
73%
Phoenix
65 %
67%
Providence-Washington
34
36
Reinsurance
.
Peerless
Fidelity & Deposit of Md.__
lo
87
91
10
58%
60 %
St
—2.50
69%
Casualty Co
of
Philadelphia
Fireman'svFund
(S F)
Firemen's of Newark—,.
Amerirari
1
15%
159
10
Trust
Cleveland
'
23%
38%
49
National
10
__.6.25
20
Bank
Union
of
Commerce:
63%
65%
20
43
47
73
59%'
:21 %
23%
U S
44%
U
S
10
Westchester Fire
]
__5
47
51
72
76
36
65%
67%
_25
5°
54
Security-First Nat! Bank—12.50
53
55%
&
,_20
National
Irving Trust
10
Co
Detroit
86%
83%
Bank
National
Trust
Bank—
55
33%
Bank—:
10
/
177
..10
59
Bank of Detroit^
__10
Brook National
Meadow
89
91
First
51
55
(J P) & Co Inc.
100
City Bank (N Y)—'
315
;
:
i:
Bank
Nat!
A
Trust__25
Peoples 1st Nat'l Bank A Tr__20
97%
100%
54
56
55
-59
'f
St.
York
York
Public
-
National City Bank of
New
New
-
Pittsburgh
Mellon
to form new
(N Y)
Bank
Angeles
*
with First National
Merged
1(
;
11
330
L
Bank
National
Los
Bank
20
of Freeport
1
City
64
20
Co
Trust
Manufacturers
Jersey
187
40
Trust
Long Island
Trust:
25
:
Na.t'l Bank
73%
Boatmen's
First
National
69%
2
National
,25
& Trust Co.
States
76%
100'
23-
Mercantile- Trust
13%
St
y2
:
Union
20
,
-
56%
60 Vt
.25
Bank
National
Louis
Bank.
61
65
20
65
70
35%-
37%
—17
Co
Trust.
:
230
220
20 %
:10
Trust
71
21
Bank—
National
-
Louis
12%
& Trust_17y2
Royal State Bank of N Y
San
21%
377
367
Recent
,
Bonds—
%
Franciscc©
Bank of Ainer N T A S A
6.25
Ches
<
Potomac
&
84
,115
Ask
100
100%
102%
103
96 %
96%
99 Vi
ioo y2
1990
102%
103Va
Pacific Gas & Elec 3%s
1987
103 y«
103 y2
108%
109%
Rochester Gas A Elec 3%s_1985
102%
102%
100%
100%
Tennessee Gas 3'/2s
101%
102
102
»•
102 y4
98%
99 Va
3s
v
■
31/aS„1984
Edison
3%s___1980
3Vis
Baking
Power
•
Power &
Florida
Bid
Bonds—(Cont.)
New England Power 3y45^—1985
,
1975
Power
Continental
t
104»/4
Metropolitan
1995
Commonwealth Edison 3y8S_2004
Duke
Ask
103V4
Telep—
3%s
Consumers
Security Issues
Bid
*
New England
Texas
"
.
Light—
Elee
West Penn
Tel & Tel 3y8s_ 1988
Service
1975
3V4S
—1985
Power 3s
1984
'
3yas
—1984
_i
General
Motors
100
99
Acceptance—
Stocks—
1960
3s
10b%
101
Dallas
Power
114%
102%
103
—100
102%
103
100
106%
108
City
,'3%S
Pow
A Lgt—
100^4;
100
•
1985
1
——
Island
1984
Dept
Lt 3Vas—1984
Pow &
Stores
3%s_
1980
4.50%
-
102V*
103
Lighting—•
3V4S
Louisiana
FOOTNOTES
"No
'*
101
99%
113%
3VaS—1984
General
May
Lgt 4%
pfd.^.*
Indiana &
Long
A
"r;;rTpr"T;—E1 Paso Nat Gas 4.40% pfd__100
Mich Elec
~,;'J
t
par
101V*
101%
98%
99V2
101%
Tire
A
Rubber-
preferred..
...
_
,
100
.
T
.
.
Louisiana Power A Light
4.16/0 preferred
Tenn
<
FOR
Gas
5.85%
_
Transmission—
preferred
tEx
100%
fEx
two
OVER-THE-COUNTER ISSUES
value.
711%
74%
b Bid
53
56,
k Admitted
2
29 %
31%
t New
stock dividend.
for
3
Fidelity & Guaranty Co__10
Fire
81
47
34
Hartford
61 %
100 2,065
69
43
Connecticut Bank & Trust Co_25
Bank
31%
61%
,
275
64'
10
50%
Accident
37
265
^.16
Connecticut
Tfust Co
52%
Travelers-.
34
50
Co__
53
Bank
Natl
Trust
City Bank——1
43
j
58%
Standard
24%
29%
14
47%
51%
Fla)_2%
91%
27V4
471/2
80 v*
25%
86%
2
10
49
,43
32%
10
(New
77%
—5
38%
35%
153
10
&
100
Bank—
National
Central
16
10
(The)
Kansas
104
Co—
Security
—-__5
1'
99
lo
Y)_^
Trust &
Cleveland
Co
83
Haven)
44%
98%
5
Globe A Republic—
Great
(N
Marine
&
Seaboard Surety
43 %
95%
Reihsuianee Corp.—10
Glens Falls
79
115
10
Corp
(Texas)
Fire
14%
Springfield Fire & Marine—10
__5
4
FrartkHn Life
Gulf Life (Jacksonville
71 %
Paul
55
38%
13 V.
V
30%
515
Bank--10
Bk & Tr—25
40
31
36%
5
—
Republic
Fire
Assn
Co
67
28%
10
Fire
54%
10
504
133%
51%
12.50
489
4° 5
52%
53
57%
2.50
Fire
River
55%
—5
York
North
Northeastern
10
Inc
Employees Group
31%
2
3.33%
New
44
113..
13%
50 %
10
Hampshire Fire
312
500
51
10
100
48%
Casualty
,.5
Co
Continental Casualty Co
Forster
29%
109
Amsterdam
New
_10
Life
Assurance
42
95%
Fire
New
82
42%
39%
Merchants
25
<
40%
305
475
Harris
Northern Trust Co—
47%
Massachusetts Bonding
Assurai
____100
Savings Bk.^100
First National Bank
51%
Industrial Bank of Commerce. 10
Hanover
402
Life
101
64
86 %
39%
National
73
98
47%
37 %
45%
70
257
163
_5
North
_5
General
80%
Ask
25
A
50'/a
Franklin Square N Y
113
of
American Surety
A
45%
158
i
Trust—33J/3
Bank
62
National
Franklin
Bid
Avk
109
5
Co
American Re-insurance
Crum
Bid
Amer—5
(N
F
ti
33
251
Rochelle
New
United
Ask
Insurance
Amer
99.700
10
Albany
of
100
Westchester
of
Bank
10
Bank
Trade Bank
Home
of
99.728
99.639--
99.659 1 99.667
1955.
Chicago
York.j
New
First
16.39
23.85
182
I
Companies
'
25.19
200;..'.
■
Continental* Illinois
Bank.
State
Trust
County
First
31%
Assn
99.716"
16,. 19551955-
National
Exchange
Corn
19.83
Investing Corp
Washington Mutual
36%
Las
i i
99.782'
City Nat l Bank and Trust
Bank
stock div)
Manhattan
Chase
iy.44
Street
-1
,
Co.—
Trust—
13.14k
29%
Ins
Ask
99.747 " ! 99.765
Par
York—
New
of
(Ex-100%
Bankers
12.06
34%
Life
r
99.771-
9,
State
new
Manhattan
Chase
Van Strum & Towne Fund Inc.l
2
Fire
Bid
99:809
Ask
Bid
'
-1
176
Manhattan
form
to
National
10
Colonial
2,
Merged with Chase National
Morgan
-1
72%
10
Camden
Bills
Albany, N, Y.
the
of
Bank
8.37
1.73
192
—10
Boston Insurance Co
1.85%
1955_
26,
June
York
New
6.67
7.38
Bid
Surety—-.10
Bankers & Shippers
b2.00
1
7.66
Inc
22.48
Insurance
,
May
Bank & Trust
6.10
Fund
1.57
'
lc
Par
Automobile
3-56
03.838
Sterling
D
1-
99.798
30.
Rye
(Wash
1-55
23,
1
Inc
6.74
X20.56-
Fund.lc
Instttuttooal Income Fund—lc
Mercury
1.80%
1955—
99.972
1
Fund
Income
23.01
Amer
bl.95
1955—
99.964
10.14
*
Wall
preferred
1-55
Dollar Value
99.989
Kings County Trust Co
Income
1.10
conv
12-
.
April 7. 1955—
April 14, 1955April 21, 1955-
Guaranty
of
United
lc
Ins Co
..
99.992
12.33
16.79
Institutional Bank Fund—
$1.25
1-55
Ask
Bid
75.25
United
Institutional Shares Ltd—
American Home Assurance
lr55
Dollar Value
Federation
Inc
Line
Income Fund——1
Incorporated Investors
_1
Amer
11-
United States Treasury
12.5S
Funds
United
1
American
1-55
4-
1.60%
Fiduciary Trusts
First National City
11.60
United
Assur
1.70%
2-
bl.90
3-
11-
18.62
11.59
Funds
United
Inc
American Equitable
1.75%
'
1.25%
21.14
11.62
Fund
Texas
16.04
Insurance Co
bl.85
17.22
Inc
Growth Fund
23.96
Automobile
3-55
21.14
Canada
1
Agricultural
3-55
10-
—2>/a
Investors
&
1
American
10-
1-55
(White Plains N Y)__
1
Roe
value)-
Life
3-55
♦4-
Empire Trust
(net
Investors
State Street
Haydoek Fund Inc—
Casualty A
1-
1.35%
Commercial
Shareholders Trust of Boston__l
16.53
Aetna Insurance Co——
1.65%
1.45%
1.60%
27.34
6.61
1
Southwestern
10.67
Stein
;
Ask
bl.85
Due
Dated
Rate
Bid
Ask
1/0%
Bank
26.80
Farnham
10.03
40.03
Aetria
-?:■
1.40%
b 1.75
13.49
Investment Corp..*
11.43
9.15
9.74
38.86
Aetna
j'?,
99.24
1.30%
1-55
18.16
12.69
8.63
I i
97.4
■
Bid
1
lc
Fund
96.16
—
bl.65
7-
Stock
Shares.
Amer
Templeton
Insur
1959—:
1.
bl.OO
•
1-54
21.01
value)
asset
Selected
9.46
Growth
37
16.64
20.59
Clark
&
Stock
Common
10.48
Incorporated
33
*
Fund Ine (Net asset value)-..*
4.27
Institutional
98.13
96.28
1-55
Par
Scudder, Stevens & Clark—
13.93
Ihstitutwmal
97.24
98.10
2-55
Due
10-
9
1
—
of Canada
3.88
Income Fund of Boston
iy2s Oct.
27%
1
12.72
Hudson Fund
8%
26%
—5
Fund
lc
lc
asset
97.16
_
—
—
5-
26.52
1
Television-Electronics
(Net
25.02
____.l
6.23
Guardian Mutual Fund Inc
1
Growth
12.34
shares
—-
—
1959—
6-
Shares—
Inc
5.72
Utility
3.88
_2.50
11.27
shares
100.2
1958—1—
22.67
Inc
le
Steel shares
3.54
20.97
Inc
—lc
Tobacco
—lc
5
Growth industry Shares Inc—1
+
15.
1-54
8.29
shares
Railhead stock
6.15
1
Equipment shares
RR
8.59
18.45
a.61
of Canada
Trust
Rowe)
lc
shares
7.86
16.88
Inc
Fund
lc
shares
—1
Trading
lc
lc
shares
Merchandising
Mining
5.20
—1
Fund
Fund
(Geo)
14.69
9.31
Fetroleum
4.76
Inc..lc
Series
Fund
Putnam
7.01
9.69
bond
6.84
Fund Inc
Puritan
8.65
7.89
shares—lc
General
&
Fund
(T
Price
13.15
Equipment shares———lc
shares
«.—lc
administered
1,
Feb.
2-54
3.44
Scudder
Food
Fully
6,26
___1
—
Street
Pioneer
Electrical
A
1
Fund
Philadelphia
shares
Oct.
9-
;
10.30
preferred—
7.72
Capital Growth Fund
9.42
1
Amer Investors com__10c
$1.50
9.74
Chemical
98.4
8-
Dated.
1.20%
1.20%
8.12
1956-
Series
7.10
Aviation
7.43
1955——.
8.89
shares
97.28
Federal Intermediate Credit
12.10
—_
American
1
Automobile
—-
iy2s April 1. 1959'—
99.28
-
18.53
11.07
Series—
Inc
Pacific
Securities—
Group
I 98.26
20.14
1<.I4
l
'
26.60
General Investors Trust
!l
18.62
1
Resources
Series
4.35
24.34
Capital Corp
99.23
98.18
——
14.41
1
England
North
>
15.39
Inc——1
Gas Industries Fund
14.51
13/26
York Capital Fund
of Canada Ltd
10.35
X9.44
14.04
Bsc
Futures
99.21
New
series—____lc
Investors
Fundamental
••
New
n.v,—
series-:.,——lc
.
stock
6.77
l%s
l%s
100.2
1.25%
14.51
_1
Series.
Fund
t6.23"
split-
Franklin Custodian Funds
1956
Series-
Natural Resources
14.94
13.63
-shares—_1
interest
109.7
100.2
99.26
100.5
100
—
1956
1.25%
Series
Growth
10.50
Corp—
Series
-Natural
38.66
9.56
1
Speculative Series—
Stocl* Series
3.94
3.60
99.3 '■
:i—
1957——
1957
:l_l_.
99.1
Securities—
Preferred
Founders WtttuaT Fund—
hi,
Inc
Security
Bond
15,
1,
Rate
35.76
interest—*
Investors Corp_
19.12
of Boston—
1,
99.4
.w—
m
Stock" *"•"
Fund—.——1„ 1
Balanced
28.61
15,
Oct.
101.13
98.23
1957.—__
Trust—
National
Balanced
51%
10
Corp—
Beneficial
■■
Inc_-10c
Fund—
Fund
Shares
21.41
26.46
5
Formula Fund
Life
beneficial
of
Invest
Income
First
Fund
Inc 1—1———11-11
6.64
—20c
J
Aug.
101,11
J. .11—
1957
15,
1.
15.-1957-
28.63
Bond
Investors "Growth
17.88
.____
Ask
9.21
20.03
Fund
Stock
iVi
2.69
1
Fund
Balanced
6.35
3.36
shares—:
Nation Wide
Howard—
At
——lc
1%S April 1, 1956
National
Dreyfus Fund
«V
2.45
-7.96
Shares——_—-—25c
Dividend
Eaton
15.70
l%s. April
iy2s April 1, 1958—
Notes—
15, 1955
6.99
asset, value—.
Mutual Trust Shares—
13.85
2s
Dec.
of, beneficial Interest
2.50
E_
Series
99.28
March
Net
Shares-
*
,u;
99.26
1955
103
l%s
Treasury
u-w'w-i^Bid'-".
i ;
.
2%s March
100.2
:
l%s May
l%s
Units
11.85
100
93.31
15,
l%s Dec.
point.
a
of
32nds
more
or
99.31
l%s
Mutual
Fund
Stock
one
Maturity—
99.29
3.47
Mutual
Diversified Growth
Abk
1955_T——
22.
6.35
Massachusetts
61.40
21.40
1—1
1958
20;
15, 1955—T—.
4.20
Fund
14.70
60.79
I—— 1
Fund
Delaware
Jan.
Treasury Notes—(Cont.)—
1955
17,
May
i%s June
l'/sS Aug.
3.15
'"Mass
Inc
Investment,
Dividend Income
represent
Certificates of Indebtedness-
3.81,
Ctfs of beneficial interest—1
,
point
Bid
5.77
Massachusetts Investors
■
decimal
after.
Figures
;
Maturity-
lc
shares-—
Manhattan
17.49
16.09
De
\A
lh.
98.18-
U, S. Certificates of Indebtedness & Notes
Transportation shares——lc
'.
20.29
18.67
De Vegh
k
1958—_——-
2%s Feb.
100.1
99.8
;
lc
Steel
—J———1
lc
Special Investment——! *
Composite Bond & Stock
Fund Inc *
shares
shares—L_
Petroleum
9.48
Consolidated Investment Trust-1
hX
!>
""V-"-
Industries
General
20.19
8.72
Inc
Funds— y
Paper
—_—1
Investment--—1
Fund
Common wealth
Fund Inc
.
1
Concord Fund Inc_______.-_._1
)T
100.1
99.29
al
100.12
1958
1,
2%s
99.30
1955—
1957—
1,
.
$ayles Mutual Fund—
Managed
;■
Composite
1
Fund
'
Securities
Preferred
v.
100.4
98.18
2%s May 1,
2%s
,
Christiana
1
100.18
-
4.47
Corp
Capital* Venture Fund Inc—1/—1
:r
98.10
16%
Loom is
.
10.77
.
I:
100.12"
1957-55i-J~U— J
10.15
America
S-l
Canada General Fund
f
1956——J"
1,
1, 1956————
1.90s Feb.
2s June
10.82
11.00
Biv- Tr «f
csuiiock
>1
l%s June 1,
14.97
30.33
Broad Street Invest
■ •
1.
l%s
13.22
4.%
15.84
12
11
Boston Fund Inc
f
2.
2%s May
100.1
17.28
(Speculative Pfd Stks)
(High-Grade Com.Stk)
(Income Com Stocks)
Bond
■r:
Ask
100.1
Oct.
oi
ci
Bid
Central Bank for Cooperatives—
12.52
ol/t
1—1—:—'___.ll
Bowling Green Fund Inc.—10c
I
point
a
>
21.50
1
of
Bank Bonds—
Land
99.31
—
1955—
15,
Nov.
32nds
more
or
99.31
15 1955—1
Aug.
one
Federal
2%s Nov.
27.91
(Low
(Discount Bonds)——1
''
3.89
li]
£
Ask
28.07
K-l
26A2
1.80s
i:90s
Bonds)—!
B-3
13.09
24.77
represent
Bid
Banks—
Federal Home Loan
B-4
B-2
15.46
14.18
1
due
—„1
(Investment
B-l
Axe-Houghtoa Fund "A" Inc__l
Axe-Houghton Fund ' "B" Inc-—5
Axe-Houghton Stock Fund Inc.l
Beneficial Gorp
1
Blair Holdings Corp
1
Blue Ridge Mutual Fund Inc—1
»*1
19.78
point
decimal
after
19.87
19.38
Figures
9.34
13.18
Custodian Funds—
Keystone
Development
8.54
Boston—_1
of
Mutual
Fund Inc
1.60
1.46
:
(The)
Johnston
.
Ask
America—„1
Trust
American Business Shares-
Bid
Par
of
1.27
1,25
Inc._^
Fund
American
Ask
—_—2oc
Fund
Affiliated
Bid
Par
Funds—
Mutual
Aberdeen
Si
Funds—
Mutual
1
Obligations of Government Agencies/
Investing Companies
•
April
Quotations for Friday,
I
one
x
split,
yield price.
Stock
to listing
Exchange/.
y
on
stock
the
New
York
'
•
Ex-dividend
wi V/hen
issued,
Ex-rights
'
.
;
)
IP
it
Number 5417... The Commercial and Financial Chronicle
Volume 181
(1597)
Third Federal Reserve District—Philadelphia
THE COURSE OF BANK CLEARINGS
Bank
Clearings this week will show
liminary figures compiled by
Week Ended March 26
1955
decrease compared with a .year ago.
a
Pre¬
Pennsylvania—Altoona
Bethlehem
indicate that for the week ended Saturday, April 2, clearings for all
cities of the United States for which it is possible to obtain weekly clearings will be
of the country,
2.8% below those of the corresponding week last
$19,650^140^977 against $20,206^610,367 for the
at
the week
Lancaster
1954.
Our comparative summary for
Wilkes-Barre
<<
$
s
:,
Total
1955
f
York
I
<
1954
979,409,673
1,134,000,000
578,463(897
622,065,317
357.894,900
333397,714
313,600,000
—
922,924,394
1,176,000,000
327,400,000
—
■>Philadelphia
Boston
Kansas
li
;1 -l
City
—*
St.''.Louis
—
' SSn Ti^cisco"—
-:-f
559,256,000
+
6.1
+
3.7
458,269,907
272,173,217
V
'
1'il—
—
+
+
2.0
4,217,037
7.7
,182,000,POO
0.6
3,173,331
2.7
—
6.144,269
7.6
2,890,626
2,688,739
6,450,8,3
5,428,191
12,844,410
11,885,7.'.3
*2,500.000
(11
2,707,098
-r-
8,419,407
—19.0
+ 25.3
14,952,952
11,937,171
11.853,078
9,060,680
+
30,8
cities).;
1,302,550,750
*
__
1,209,642,437
+
7.7
5.876,311.3
11,168,800
1,233,747*986
.
:
__
i
*
1,088,000,000
2,931,958
6,013,074
t[
3,757,663
+
13,616,778
1,138,525,31!
3,451,083
+
2.7
+
3,459.941
M
5,924,609
4.0
234,347,293
212,951,712
+ 10.8
422,642,432
44,316,400
442,227,888
45,367,400
11,014,750
9,212,429
.8,330,084
.-363,965,206
9,774,067
*
Pennsylvania—Pittsburgh
7.0
450,753,543
6.0
+
422*419,475
43,256,000
Youngstown
392,676,331
+
245,958,565
467,932*082
—
Mansfield
4.2
+
7,9.74,020
255,670,259
Cleveland
Columbus
—,
2.0
+ 19.6
5.2
+
1.7
Total
(7 Cities)-.
.1,178,944,229
1,102,176,179
...
7.0
+
37,078,600
5,750,055
7.638,541
385,706,950
,7^591,683
<9,816,033
'402,847,880
+ 17.3
,
382,845,979
__
—
.r+L.Ji.ln
|„|>.
I
m
-*,148,658,178-
1,077,682,903
:r
i
■M
if
|j
U
:S
*
%
—13.3
Fifth Federal Reserve District—Richmend—
"*
:
1,231,381
+
Cincinnati
7.3
—
-3*3,896,-486
Cl«vekind 2
Baltimore
1,553,470
4,420,365
Ohio—Canton
7.1
—
522,742,000
403,100,079
-Pittsburgh
,
•
8.4
—
Fourth Federal Reserve District—Cleveland—
7.1
i
,
1,670.294
f%'
.■
t
$10,122,813,430 $10,897,034,475
Chicago
;
+
1,912,329
*
Week Ended April 2—
New
+ 16.0
1,442,523
1,871,919
6,817,546
Jersey—Trenton
CLEARINGS—RETURNS BY TELEGRAPH
1,338,262
1,159,000,000
3,135,197
;
Delaware—Wilmington
New
■«
1,386,821
5,852,269
_
Scranton
follows:
1952
t
%
6.9
—
1,248,000,000
3,154,622
—
Philadelphia
Reading
At this center
1953
or
Dec.
1,635,003
1,715,122
4,509,390
York
the week ending Friday of 7.1%.
there is a loss for
fp
week in
same
;
Inc.
t
1.522,601
1,673,170
Chester
Our preliminary total stands
year.
1954
♦
based upon telegraphic advices from the chief cities
us
49
>■1
'
Ten
,
cities, five days
$15,221,186,103 $15,917,490,260
.West
4.4
:
35
Other cities, five days.
>
Total all
cities, five days
Ail oities, one day
11'
3,657,462,395
3,574,316,755
——„i__ $18,378,648,498
771,402,479
714,803,352
'
Total all cities for week
¥-
7.9
+
Total
2.8
I
issue of next week.
our
3,07.4, 730
15,101,000
178,113,846
171,226,O->0
5,915,678
4,985,413
+ 18.7
5,632,522
5,127,865
+ 31.1
288,312,089
271,978,815
120,681,488
278,970,411
99,909,233
+ 20.8
97,167,314
88,460,088
711,137,673
580,717,602
+ 22.5
589,128,076
554,988,576
26,003,275
24,202,091
+
7.4
108,100.574
106,244,355
+
1.7
382,500,000
5,758,895
316,900,000
4,370,328
+ 20.7
6,068,752
4,036,006
194,202,967
201,516,277
Tennessee—Knox ville
Nashville
_______
Georgia—Atlanta
has to be estimated.
— ____
1
Augusta
'
we
able to
are
March 26.
Alabama—Birmingham
—
week ended
Outside of this city there was
this center
showing
decrease of
a
1.4%.
We
Total
w
4tT
the New York Reserve District
the cities according
group
(including this city) the totals show
1.0%, but in the Boston Reserve District the totals show
to
the
166,300,495
+ 16.8
158,439,431
155,091,
162,089.946
+
24.3
143,674,639
129.351,8''2
»
+
11.0
7,956,173
408,741
7.406,291
i
9,052,790
451,835
186,874,644
182,673,323
+
2.3
the totals
Philadelphia Reserve District of 7.7%.
Atlanta Reserve District by 14.9%.
'
a
.
976,321*69
+ 14.9
943,590,871
mm'rnm
—— —
—
.
The Chicago Reserve District enjoys a gain of
8.4% and the St. Louis Reserve District of 2.4%, but-the Minneapolis Reserve Dis¬
trict suffers
■
rL
ft
of
loss of 1.7%.
a
In the Kansas City Reserve District there is a decrease*
3.3%, but in the Dallas Reserve District there is an"increase of 9.6% and in the
———W
.
In the
following
we
11.5%.
;
v
r
:
-
;
-
Indiana—Fort
Wayne
■%'
summary
a
.384,933
*57,384,9^4
§87*803,8'' 5
,
,
1,624,598
+ 69.2
1,764,956
33.5
+
,
+ 22.6
*2,823,374
j
,
7,126,877
<1*09,238
10,228,237
..jS; 107,886
Bend
Terre
Haute
'....
Wisconsin—Milwaukee
in«ir'rr
Iowa—Cedar Rapids
Sioux
7*03,001
64,603,000
6,956,728
2,595,658
118,818,668
9^81,183
3,063,473
117,680,725
—
r---
nriTfiri—i*m
;
■
•■*■
.Illinois—Bloomington
Chicago
Decatur
•
u
-
-
1,299,356
•-1""
-
,
■i'u,j£
-1-
L
-fx ■■n-Vw
.'
'
«
+ 18.0
1.0
149,952,883
—
+
22.2
4,853,603
+
7.7
35,058,774
+
14*
13,277,880
.1,199,677
881,302,008
4,363,012
11,335,819
;8*6l»807
2(980,463
1113,437,900
44,463,730
*4*23,589
,16,177,623
.*
7.6
:
jlr405,301
+10.9
8,339,177
+
14.7
3,814,612
3,444,405
1,136,101,403
+
8.4
1,215.810,229
1,13.3^534,780
+
5-3
323,000,000
I! 289(900,000
+
0.5
3.2
160,209,627
115,997,449
t
8,037,414
.
f
4,883,23*
—
56,997,000
■9,148,794
2,7.70,635
—
4,658,950
12,170,408
_
16*518,563
61,677,000
• 1,406,584
833,391*41
4,070,711
11,454,419
;<
7,250,443
4,257,743
,
909,302,911
—r-|-,r>r
i-.;.A-«...
_____;
.7*41*06
1.6
+ 36.3
+
4,462,813
r
39.315,562
15,041,099
^
—
.
36,493,403
13,184,058
5,455,133
-
— —
— — —
:___.
City
+ 18.3
v
65,619,000
South
9.1
+
+ 14.4
6.3
+
>ft4&407;484
+3,670,787
5
J2 #373,200
.
,6(927,493
by Federal Reserve Districts:
Total
'l<
I
'
6.195,883
8,413,576
.
Indianapolis
Springfield
furnish
,r
12,086,194
7,598,282
Rockford
:
I
2,987,010
16,129*23
.
——
Peoda
San Frarifeisco* Reserve District of
«
*
improvement of 11.4%
an
In the Cleveland Reserve District
—
—
—
Lansing
Des Moines
&
7.8
—
I '
Seventh Federal Reserve District—Chicago-
falling off of
larger by 7.0%, in the Richmond Reserve District by 22.5% and in the
are
4.062,811
163,851,371
1,121,489,215
—
-
(10 cities)—.
Michigan—Ann Arbor
Grand Rapids
.
and in the
6,268,31'4
4^007,060
gain of 8.7%, the bank clearings
a
Federal Reserve-Districts in which they are located and from this we note that in
■fe
311,000,000
6,731,825
50.4
f'
at
97,559(320
+ 31.8
+
10,047,250
416,581
Mobile
Mississippi—Vicksburg
Louisiana—New Orleans
increase of 3.4%, the aggregate clearings for
an
t
19,293,720
27,342,652
94,778,979
336,400,000
'
country having amounted to $19,939,892,926 against $19,276,955,533 in the
week in 1954.
same,
was
Florida—Jacksonville
present further below,
we
give final and complete results of the previous week
For that week there
the whole
however, which
Ft
*-.■!
week
■Macon
In the elaborate detailed statement,
»
■9
1
1
(6 cities)
'•$
Sixth Federal Reserve District—Atlanta—
appear
ends "Saturday, and the Saturday figures are not available at time of going to press.
cases
16,843,000
+ 10.8
■Xw
We cannot furnish them today, inasmuch as the
Accordingly, in the above the last day of the week in all
3,054,305
+ 14.0
365,728,660
————
—
+ 19.4
2,953,411
16,940,000
176,959,134
__
Carolina—Charleston
Z.
Maryland—Baltimore
District. of, Columbia—Washington..
Complete and exact--details for the week covered by the foregoing will
in
<
South
3.1
$19,650,140,977 $20,206,610,367
——
3,525,492
19.306,000
195,980.355
.
—
Richmond
K t
$19,491,807,015
Virginia—Huntington
Virginia—Norfolk
2.3
+
1,231*36,438
(17 cities)—
SUMMARY OF BANK CLEARINGS
1955
Ended
Week
March
26—
Inc.
1954
1953
or
Eighth Federal Reserve District—St. Louis—
1962
Dec. %
$
■*
I
Missouri—St.
1st
-12 cities
Boston,-
_il
2nd New York
3rd
7th
9th
[.3
10,402,012,801 ^— 1.0
10,300,535,821
9,605,742,599
8,956,915,775
"
1,302,550,750
1,209,642,437
+
7.7
1,233,747,986
1,138,525,316
"
1,178,944,220
1,102,176,179
+
7.0
1,148,658,178
1,077,682(985
6
"
711.137,673
580,717,602
+ 22.5
589,128,076
1,121,489,215
976,321,169
+14.9
943,590,871
887,803,845
17
"
1,231,136,438
1,136,101,403
+
8.4
1,215(810,229
1,133,534,780
4
"
626,998,245
612,476,789
+
2.4
601,336,701
535,606,899
7
"
482,813,477
491,077,445
—
1.7
452,140,272
408.749,973
i
341,390,000
Total
171,988.166
110,740,890
2,166,652
114,386,998
2,001,625
+
8.2
2,129,625
626,998,245
(4 cities)__:
324,100,000
172,790,703
Louis
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
612,476,789
+
2.4
601,336,701
+
8.3
6,371,560
0.2
314,160,772
8.1
+ 19.0
106,153,945
6,092,739
+ 19.4
3,635,077
Louis——
Minneapolis
lOtS-Kansas City——— 9
11th Dallas
611,169,435
591,287,023
"
—
547,968,180
570,509,003
3.3
w
12th
San
6
"
507,496,247
463,237,415
+
9.6
427,430,225
423,746,728
10
"
1,090,706,150
978,679,636
+11.5
1,021(836,930
1,008,092,996
19,939,892,926
19,276.955,533
3.4
18,531,800,459
17,366,499,133
10,005,022,880
9,201,880,978
8.7
9,250,673,173
6.8
4,571,999
Francisco-.-*-'.
3,446,944
5.1
Il*54*§0
,IP,171,750
i—UO cities
T6tal
—
1.7
452,140,272
*98*49,973
Outside" Nev^;.TFdrkCity-___^
We
now<
add
+
6.5
our
detailed statement showing the figures for each city for the
6,323,959
.7,793,233
4,306,791
5,837,488
323,721,278
135,641,133
6,547,400
3,607,323
4,613,552
4,318,478
10,824,088
Minneapolis
St.
11,404,345
482,813,477
491,077,445
324,308,227
—
Paul
124,643,627
.
North Dakota—Fargo
—
Dakota—Aberdeen
South
,.
1955
Ended
Total
—-
Tenth Federal Reserve District—Kansas
927,393
726,517
555,982
—„—__——.
7,319,154
7,430,101
—1__—-
146,374,912
170,532,052
8,624,864
»V"
»—«»«■» — l-»- —
V
1952
1953
or
Dec. *
KAnsas—Topeka
>
t
Wichita
St.
11.4
1.907,386
1,857,782
+
3.6
5,966,123
3,969,218
oirriq
u-
Missouri—Kansas
+
1,814,093
2,020,762
4,760,292
4,932,601
_________+—•
;
Massachusetts—Boston
Fall
River
2,952,369
3,422,373
;
+ 12.2
610.328,966
685,010,074
+
606,679,923
15.9
+
—
535,606,899
6,525,$fc^f
278.751,1»*>"
101(078,357
'
+6,247,973
2 >528,307
,727,903
896,829
+ 30.7
573,556
1.5
8,498,233
—14.2
147,512,314
?L46^96,217
7,077.239
..9(622,604
*8,711,873
348,869,109
*0.279,106
3(043,573
<3;238*28
—
—
5.3
+
3.1
1.1
27,4,1*2
i
20,176.293
+
1,4*1
+
12.1
5,501,166
(a)
4,146,152
+
32.7
3,316,108
591,287,023
611,169,435
JlX,VIUX,U
-—
__i.
<
384,262,669
10,
1
IX
3,257,757
3,039,005
6,405,461
i *
530,283,753
Total
cities)——
(9
—
570,503,003,
3.3
.£47,068,180
2,017,629
2,973,189
Lowell
1,246,023
968,915
.+ 28.6
1,061,422
1*74*09
New
I
+
—
368,042,990
11,157,690
Colorado—Colorado Springs
Pueblo
21 200,]
388,634,894
City———:
Joseph
870,675-
8,167,604
———
—
*
Portland
2,203,720
;
City—
v
■■
*
•
Omaha
First Federal Reserve District—Boston—
(7 cities)-'
Lincoln
26
March
Inc.
1954
\ $
S
—
...
Helena
Hastings
Week
Clearings at—
Montana—Billings
Nebraska—Fremont
week ended .March 26 for four years:
Maine—Bangor
100,59.4,483
8,715,630,443
—
__
142;908,6S7
<
Ninth Federal Reserve District-—Minneapolis—
Minnesota—Duluth
■
P
—
554,968,576
"
—
Chicago—
St
"
10
Richmond—
l?8th
692,903,080
7
6th Atlanta——-
%
721,869,383
—11
Philadelphia
4th Cleveland
5th
+11.4
713,343,222
791,777,767
3,326,046
2,676,512
5+ 24.3
2,903,830
1,871*80
9.892,899 .+18.2
11*24,302
9.437,255
Bedford
Springfield
11,689,575
'
Worcester—-——
Connecticut—Hartford
*
'
8,408,052
__
31,478,807
—
34,778,821
15,509,760
_1I
New Haven —
12,813,762
"
9.5
30,833,465
27,702,806
Galvestbn
13,503,578
12,715,138
Wichita Falls
'
25,702,100
22,285,300
*+15.3
2,031,594
1,762.637
x+15.3
794,777,767
Rhode Island—providence
New
+
7,737,769
21*
—
7,947,933
713,343,222
+ 11.4
:
Hampshire—Manchester
—
35,126,700
1,741,532
1,500,241
721,869,383
<
32,636,200
28,006,838
6.5
9.0
29,854,326
+ 11.5
5,811,000
6,318,751
+ 21.0
+ _J7.0
6,257,286
6,104,290
13,754,557
11,115,106
+ 23.7
10,100,490
463,237,415
9.6
427.430,225
323,746,723
—
*
*
•
7,032,4)00
—
—
Louisiana—Shreveport
3
9JJ 10,895
507,496,247
—I
I if
28,098,317
6,588,000
+
+
—i
Fort Worth
7,692,814
367,£83*57
8,166.092
401,972,140
6,760,458
—
1.2
+
7,841,570
369,119.751
.8,693,130
437,956,789
33,299,313
Dallas
*
8.308,656
<
Eleventh Federal Reserve District—Dallas—
Texas-^-Austin
.
£373,344
692,903,080
Total
(6 cities)
+
1
Total
(12 cities)
Twelfth Federal Reserve District—San Francisco—
4-.
Seceii# Federal Reserve District—New York—
.■<
'
York—Albany
-
17,405,795
-
3,178,443
3,942,197
123,715,055
112,032,603
1,926,302
Binghamton
2,036,434
——
Buffalo
—
Elmira
2,198,924
1,637,572
9,934,870,046
10,075,074,555
29,639,601
25,371,357
15,228,611
16,554,441
25,500,000
*24,000.000
63,768,847
54*11,050
Jamestown
New
York
'
Rochester
Syracuse
V
x__i.
0
Connecticut—Stamford
New
Jersey—Newark
Northern
Total
20,308,926
New
Jersey
(11 cities)—
-
.83,104,197
66,943,666
10,300,535,821
10,402,012,801
20,755,582
—14.3
20,088,780
Lake
-19.4
4,101,491
3,248,651
10.4
113,714,021
109,974.362
5.4
2,511,100
2,297,360
San
San
City
Francisco
Jose
+
—
+ 34.3
2,230,293
1.601,713
1.4
9,281,127,286
8,650,868,690
r—
+ 16.8
25,444,311
15,801,368
15.495,679
6.3
*23,000.000
21,397,713
+ 17.8
50,408,635
22,450,774
Beach
i-
4.0
177,172,897
+
10.7
75,874,703
3,853,385
3,911,004
+
+ 25.0
18
687,508
*
172,509,906
66,797,747
16,899,592
14,978,405
+
24.4
12,620,356
11,666,040
523,600,714
+
12.2
524,750,861
534,008,672
20,070,925
I.¬
12,042,980
587,313,409
Pasadena
14,559,033
+
37.9
13,812,673
u—
—
12,134,375
.
9,610,959
4^57,909
+ 24.4
4,287,884
4,452,323
8,017,025
5,792.238
Santa Barbara
Stockton
74,093,021
17,955,869
376,399,551
179,330,932
+ 15.1
+
19.9
11,188,112
8,470,504
+11.5
1,021,836,930
1,008,092,996
18,531,800,459
17,366,499,133
9,250,673,173
8,715kfe30,440
21,920,061
8.0
California—Long
152,910,657
184,705,782
'
—_
Oregon—Portland
Utah—Salt
166,714,910
4,127,458
82,002,588
_
——
+ 10.8
4,750,305
159,030,765
Washington—Seattle
Yakima
New
...
46,278,544
—
+
+
—
24,1
1.0
<
66,648,512
9,605,742,599
*
63,744,222
8,956,915,775
Total
Grand
(10
total
cities)
(110
Outside New York
(a)
cities)
City
—
,
19,939,892,926
I
—I
1,090,706,150
+
10,005,022,880'
Clearings operations discontinued. * Estimated.
978,679,636
19,276,955,533
+
3.4
9,201,880,978
+
8.7*
;!
:*>
50
Financial Chronicle... Monday, April 4,
The Commercial and
(1598)
Date
Company and Issue—
Foreign Exchange Rates
Bank
of the Treasury the buying rate for cable transfers on the different
certifies
daily to the Secretary
countries of the world. We give below
MARCH
Country and Monetary Unit
(Value in United States Money)
March 28
(
$
.200000*'
.133333'"
.200000*
.200000*
.133333*
Australia,
L'
pound
British
Malaysia,
Canada, dollar
Ceylon,
2.225514
Malayan
.00435401*-,
-
■■
.00285625.
-r
*
.209000
-
*,
...0800560
'
2.793125 !
.0800560
A
.
guilder—
JL—i_.
pound—
Norway, krone
.r.
Philippine Islands, peso_,
ul;
Portugal, escudo
.263200
Sweden,
krona--^___.>-__^.—
Switzerland,
Union
of
South
';
.263200
.140080*
'.263200
•
'
2.764748
/
v
•
,0349000
.
.233350
pound_+______
-
2.782585
>
-
Kingdom,
pound-
" : v
.496766*
-1st
-
.
—______—______
Securities
Ltd.—
and
4%%
30
-i+Apfc 30
'v":
'
—Jun
Corp.—
3V*%.
mtge;
bonds———-
—Apr
4
V
-
.496766*
•:
-"
^ :
.233300?
2.782689
2.792734
2.793125
'
*T
Corp.—
-
International
&
^Annotincemeht:ittthifl''issue.;
-vTc.
; >.^90oor -:
.193330*'
'
"2.782274
2.781963
2.792410
2.793046
sterling—^.
.263200
.
.193330*+
.^233350
-
States
Westminster Paper Cor,
:
-
.233325
./
it
2.782585
,
i'i 2.793007
IrtteUrance C«.
Home
if
'
25c
50c
30c
4-15
5- 2
5- 2
30c "
93%c
$1
4-15
4-15
4-15
\
tl-lQ +
4l-15
*
t20c
4-15
410c
4-15
140c —4.-15
I5c
6-30
12%c
5-31
30c
5- 2
_____
Horn & Hardart of N. Y. (quar.)_____
Household Finance Corp.— -
v
When
'Share ♦ Payable
.
(quar.'
Y.)
<N.
+
-
^Holyoke "Water Powei+Jquar.)—_
•
♦Nominal.
V! -V
■'"?*[ V'!/
Per
>
•"flameafCorri'Panu
•'
'■i
::;v
(Continued from page 16)
<
v
\
"•
.233350
-
Corp., 6%.
2.765366
,0349000s.
v
.193330*
,.193330*
,..193.330*
capital debs, due 1973—. —Apr 22
preferred stocks- __Apr 15
5te%
Foreign Securities
&
'
''.140080*
.140080*
.0349000
.
:
}
15
.
?
'-2.765470+V-+.?•
-
.496766*
.496766*
.0349000
8
—Apr
+ .0800560
^
.263200
(
,
2.765057
.140080*
"■*«*• i#.-
.496766*,!
-
,i_^
Africa,
-
1
.209000- /- t
•2.793020-
c
United
-
franc'—.
-
2.765366
.__
.,
*
—Apr
bonds due 1963—,
preferred stock
1st
,:
v.
•:.
.0800560 >
■
Zealand,
1
CALLED
238379* :K-
.209000 i+t •--!/
ff
,00285625
;
^
'
Netherlands,
I
Date
preferred stock
1st
*
>. .0043540U
V .238379*'
States
United
.209000
,'-.,00285625
"
2.792812
2.792395
-
+
.238379*'
.
•
Board
'
.326233
y
.00435401*
•
.00435401*
.00285625
.208950
«-
"*.*0800560
r—
sinking fund bonds.
4
'J
May
Corp.—
& Carton
United
United
:
1.017500
.209000
.00435401*
.238379*
•
2.793020
I
peso
-
,
.209000
pound!
Mexico,
•
.00285625
1.017343
-
.208950
■
.238379*
- -
1.017343
^.209000
1.017500
-
►
.326233:,
.326200
.326200
;
Power
Pacific Finance Corp.,
.0385802*
.0198651:
;
.0198803/
;
-
-t.
2.225514
/ ;
.0385802*
t0198410
.209000
,
.0719820*
.0385802*
.0198410
i.oi664o
Finland, markka.-.-,
France^(Metropolitan),,, franc—
Germany, Duetsche Mark
India, Dominion of, rupee—.
Ireland,
.0385802*
.326266
dollar
:
rupee
2.225265
2.225016
.133333*:,
.0719820*
•
2.225597
.0198500
-
May
-May
..
mortgage 33A%
ref,
&
1
'
.133333*
.0719820*
.0719820*
.0385802*
Austria, schilling—
Belgium, franc
1
Hycon Mfg. Co., 5% 12-year sub. convertible debs.— —Apr 18
.7f '
'*■ '•
New York & Stamford Ry. Co.—
V '
!
„_May 1
1st & refunding mortgage 4%' bonds.——
"
.0719820*
New
First
.200000*
-\v
Mountain
Green
•
.200000*
s.
Co.—
bonds, due 1983—
mortgage 4 Va%
1st
$
-,.133333*
May
Company and Issue—
Power & Light
Arkansas
March 31
$
1
:
Co.—
ENTIRE ISSUE
Thursday-
March 29
$
-
Preferential--,,--
Wednesday
,
Gas
Natural
1st mortgage pipeline
4%
March 30
Tuesday
Monday
Basic
+
Seabrook Farms Co., 33/4%
Southern
;
June
May
s. f. debs, due 1983
f. debentures due 1962
Phillips Petroleum Co., 3.70%
-
Buying Rate for Cable Transfers in New York
March 25
Argentina peso—
bonds due 1973
4%%
First mortgage
UNDER TARIFF ACT OF 1930
Friday
.
& Oil Corp.—
National Gas
RESERVE BANK TO TREASURY
1955 TO MARCH 31, 1955, INCLUSIVE
25,
Noon
record for the week just passed.
a
FEDERAL
BY
CERTIFIED
RATES
EXCHANGE
-
bonds dated 1936
Morrell. (John) & Co., .3% debentures due 1958
first mortgage
3+4%
requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve
Pursuant to the
FOREIGN
Minnesota-Transfer Ry.—
„
Common
(quar.)
preferred 1 quar.):
preferred (quar.)
•
—
33/4%
Statement of Condition of the Twelve
Decrease (—) Since
March 30,
March 23,
March 31,
1955
1955
1954
20,178,103
Redemption fund
for F.
Total gold certificate
R.
notes
F. R. notes of other banks..
Other cash
Discounts
and
848,824
reserves
21,026,927
202,052
__
410,052
advances
691,086
Industrial loans
521
3
—
2,635
—
+
—
2,632
—
—
—
13,953
+
46,922
+
154
544,222
949
—
Bills
883,244
Certificates
9,960,141
Notes
J.1:-
—1,027,731
9,959,471
Bonds
+
—
23,604,606
Borrowings
$145
increased
million
securities—
loans
securities™
Due from
24,296,213
foreign banks____
Uncollected
Bank
and
cash
of assets and liabilities of reporting
3,789,790
—
Mar. 23,
Mar. 16,
Assets—
investments
and
Loans
adjusted*
484,458
premises
55,964
144,624
__—^—
107
—
—
assets
.
49,925,644
_
20,073
,,4
-615,350
—
*-——5»-"
t
U.
Reserve
notes
6,138
—200,525
+
Foreign
355,779
+
Other
129,252
+
Loans
138,022
Reserves
31,131
—
68,335
Total
Total
—
74,520
+
20,032,323
...
3,238,206
16,390
—
—546,542
Other
Total
Ratio
to
.
(Section
1,691
—
-620,055
—
+
146
_
809,704
and
capital
49,925,644
_
__
...
ances
deposits adjusted
deposits except U. S.
Government
S.
+
4,559
253
+
112
+
+
—
85
927
189
28~103
21,556
2,818
Fed.
_
loans
118
Banks
357
banks
after
and
shown
are
1841
+
6%
276
deduction
on
valuation
re¬
29,134
+
338
+
16,218
3,513
+
154
+
Condition Statement of Member Banks
shows
ended
the
Reserve
following
March 23:
United
States
of
weekly reporting member
System in leading cities
principal changes for the week
Federal
Decreases
of
Government
$865 million in holdings
securities, $656 million
preferred
and
including
those
reserve balances with Federal Reserve
Banks, $1,579
million in demand deposits
adjusted, and $628 million in
demand deposits credited to domestic banks.
The date indicates the
the current
the details
volume
industrial,
and
agricultural
loans
in¬
creased $53 million at all
reporting member banks; the
principal changes were increases of $39 million in New
York City and $15 million each in
Chicago and in the
Cleveland District, and a decrease of
$11 million in the
Francisco
dealers
District.
in another
for
ernment
purchasing
and
Changes
press
other
according to
release.
Loans
or
to
industry
brokers and
carrying United States Gov¬
securities
"Other" loans increased $63
decreased
$227
million.
City and
a
million.
total
of
$253 million
at
all
Stores
4-15
30c
4-15
35c
5- 2
4-15
preferred
Co.
preferred
62Vfec
137X/2C
i75c
(quar.)
Ltd.,
com.
(quar.)
(quar.)
(R.
4-15
4-15
I.)—
(quar.)
2
2
1
1
11- 1
11- 1
5588-
37%c
(quar.)
37^c
25c
preferred
3>/4%
first
25c
37'/2C
25c
of indebtedness decreased
$72 million in the San Fran¬
redemption or-iast date for mak¬
numhe^^ve^ the location in
(except whjere indicated) in which
page
First
&
Charlotte
REDEMPTION
Air
Line
Ref. &
Chicago
1st
&
Western
Indiana
mortgage 43/p%
3V4%
3%
1st
&
Rubber
Worth
&
mortgage
Denver
4%%
Holly Sugar Corp., 5%
Inter.
Rys.
Maytag Co.,
of
Central
preferred
1
(quar.)_
(quar.)—
$1.50
25c
t20c
,.
•'
4-11
4-15
4- 4
4-15
City Power & Light—
preferred
preferred
95c
$1
(quar.)
(quar.)
preferred
(quar.)
$1.05
4V2 %
preferred
(quar.)
$1.12Vi
6- 1 j
6-1
6- 1
6- 1
Kansas
City Structural Steel
1
Kellogg
(The)
preferred (quar.)
87J4c
7- 1
-May
1
♦"3V2%
preferred
(quar.)
87T6c
preferred
(quar.)
87^c
Refining (quar.)
Kentucky Stone (quar.)
Company
37V2C
10- 1
1-3-56
4- 4
4-15
4-15
4%
series
U
8
1308
D, due 1996 —May
1
*
—May
1
1439
—May
1
—May
1
—May
1
—May
1
-Apr
ser.
due
1976_
__H
5%
,
bds
-May
1
-May
1
-May
1
common
common
class
A
class
4-15
4- 7
40c
(stock
10c
100%
A
(quar.)
4-15
27 !/2C
75c
dividend)
(initial-quar.)
(quar.)
6- 1
5-1
8- 1
75c
Keystone Custodian Funds—
^Series
1440
1440
862
1078
B-2
Series
1982
mtge.
..
Fibre,
New
«$3
Ry.—
series of
50c
25c
(quar.)
Co.—
Kendall
•$3
preferred stock
Ry.—
preferred (quar.)
Key
Keyes
debs,
-V-
1st
non-cum.
3V2%
*.
_
Co.
100%
1
Co.—
Amer.,
.
J
1
RR.—
stock—
Feiss
(quar.)
-May
1977
bonds,
&
preferred
Kansas City Southern
1963
bonds,
1961
v(two-far-one
;
6%
—May
sinking fund bonds_
debentures due
debentures due
Fund, ' Inc.
-
distribution)
Water Works,
%
/
: !,/, 5c „
8- 1
I'/'
__l!_!.^_:^_ri_-/l,_'!2'i'V '4-29
3 V2 %
due
Consolidated Natural Gas Co. 3V4%
Tire
(quar.)
Mutual
—~r-,-
5- 1
5- 1
6- 1
5- 1
7- 1
5- 2
4-15
5- 2
5- 1
„May
Ry.—
improve, mtge. 3 V2 %
(quax_)__
$1.09
$1.06
/15c
20c
-50c.
20c
10c
933/ic
5c ; v
s4.20%
Co.—
3%%
1st
gen.
mtge. bonds
Chesapeake & Ohio Ry.—
Japiin
Page
RR.—
bonds
Co.
Testers
^stock
3.80%
Date
3%%
Power
(quar.)..
Electric
Johnston
Kausas
mortgage bonds, series A, due 1967
of Canada, Ltd.—
Maine
Heinz, Inc., com., (quar.)
Johnston
Jtfseph
Co.
mortgage
Mfg.' (quar.)
Journal Publishing of Ottawa, Ltd.
sinking fund debentures due 1970
American Discount Co. of Georgia—
) 5.90% capital debentures due 1973
Central
(quar.)
(quar.)
Fireman
■Quarterly "
37/a%
Atlanta
preferred
preferred
Iron
Jack &
under
PARTIAL
Fort
re¬
porting member banks. Holdings of Treasury certificates
160c
(quar.)—
Corp.—
preferred (quar.)
Foundation,
Trust
.^Jefferson
Company and Issue—
Firestone
Holdings of Treasury bills decreased $165 million in
York
5- 2
Utilities
4% preferred
Jafecki Corp.
given in the "Chronicle."
were
Alabama Great Southern
Aluminum
appear
Ltd.
jewel Tea Co.,. 3 % % pfd. (quar.)__
list of corporate bonds, notes,
£ Johnson Ranch. Royalty (quar.)-^,^.™
stock palled' for redemptioiv
Quarterly
a
called
ing tenders, and the
_
Notices
common
in
Commercial,
5- 2
5- 2
30c
(s-a)
$2.50 preferred (quar.)
Redemption Calls and Sinking? Fund
556
commitments
the
t8%c
—1
Co.,
$4.36
Below, will be found
of
t$l
(quar.)—
Participating
gross.
.2%
foreign
The condition statement
pfd.
Participating
$2.50
4-15
4-15
A-22
4-15
160c
Canada—
Ltd.
$4.22
.1%
+
.
banks
(final)
Iowa Illinois Gas & Electric Co.—
correspondents
loan
(quar.)_
com.
t$1.75
par)
Department
conv.
$2.50
778,223
accept¬
for
($5
convertible
Investors
39/
of
of
Co.
Power
$1 40
189
—
Co.,
(quar.)
Packers,
Interstate
99
+
+
■
705
items
+
42
Nickel
International
731
628
(quar.)
Harvester
preferred
4-15
4-15
137V2C
50c
(quar.)—
International Telephone & Telegraph—
Increased
1,442
+
—
5- 1
62V2C
J15c
preferred
preferred
Investment
1,418
_
_
to
individual loan
_
Reserve
__
of
+
+
5- 1
12c
Powders, Ltd.-—
International
6
—
partic.
7%
+ 2,957
28
10,127
_
others
♦Exclusive
+
35c
or¬
security profits
America
North
International
deposits:
banks
From
—11,579
56,282
_
Govern't—
of
7%
21
+
from
(resumed)
International
274
—
4-15
7- I
Inc.—
Holdings, Ltd.
International Milling Co., 4%
962
—
22
+
—
6%
4,079
+
•
$3
(s-a)
(12c
Fund,
International
1,158
656
Fund
Income
Bronze
International
445
5
+
30c
(quar.)
com.
preferred
Growth
Co.
Common
—1,651
155
4-15
5- I
Ltd.—
inc. and 3c from
Internationa!
973
—
345
—
2,463
banks__
Borrowings:
—
—
887
deposits
demand
35,888
From
—615,350
—
13,521
banks
865
—
—
Light,
6%
Participating
46.2%
liability
purchased
Industrial
New
1,900
..
domestic
Demand
+
—
■
San
+
_
Banks
Reserve
from
Insurance
gold certificate reserves
deposit and F. R. note lia¬
bilities combined
of
600
9,030
U.
serves;
accts.
915
+
5-20
10c
25V2C
(initial)
dinary inc. and 23c from security profits)
Liabilities—
Foreign
27,543
165,80.9
+
63
21,842
_
_
Federal
with
23,696
of
Contingent
,i
_
_
vault
+
660,901
13b)
liabs,
in
Domestic
accounts
30
1,696
_
__
with
Interbank
7)
(Section
capital
Cash
71,390
Capital Accounts—
Surplus
+
&
Co.,
Shares,
Institutional
280
+
5- 2
5- 2
5- 2
2%
pfd.
$1.25
5- 2
5- 2
51c
52VzC
53'/4c
55 V4c
58%c
—
dividend)
Inc.,
Power
Rand
Institutional
740,616
—
960
+
48,777,487
293,904
+
33,509
_
Time
liabilities
Capital paid in
Surplus
securities—total
19
—
Mills,
Indianapolis
657
8,400
banks-
Balances
deposits
+
7,432
securities-to
227
(stock
Co.
Head
9c
loans
bonds
S.
806,366
(quar.)
Ingersoll
74
—
+
8,774
+
4,833
437,412
—
1,100
bills
(quar.)
preferred
or carry¬
loans
—
96.226
Other
Deferred availability cash items—
Other liabs. and accrued tiivs,
2,491
1,197
U.
851,306
purchasing
preferred
pur¬
Treasury ' notes__
3,993
+
Deposits:
18,38-7,826
for
(quar.)_
Institutional
'
53
+
(quar.)
(quar.)—
Indiana & Michigan Electric—
2,304
+
4-15
5- 2
5- 2
25c
55c
Incorporated Income Fund
+ 5,362
62
—
preferred
Zinc
5- 1
5- 1
57V2C
preferred
Indian
4-13
$1
$1.25
(quar.)__
common
preferred
Illinois
agri¬
Treasury certificates of indebtedness
25,490,568
Member bank—reserve accounts
U. S. Treasurer—gen'l account
for
Co.,
4.70%
1954
922
—
x
22,747
dealers
&
Government
S.
and
_
carrying securities
or
Treasury
Liabilities—
Federal
brokers
estate
Oth6r
778,223
_
securities
ing
Real
Total
83,996
41,457
industrial,
Other loans
3,054
+
5,733
4-
to
chasing
55,094
—
adjusted*
_
loans
cultural
Power
4.42%
(In millions of dollars)
6-30
9-30
12-30
'
Breaker—
4.08%
Mar. 24,
1955
$1.25
$1.25
$1.25
135c
preferred
(quar.)
(quar.)—
—;
4.20%
839,400
.
~
Brick
4.26%
Increase (+) or
Loans
—758,346
mem¬
Decrease (—) Since
22
items
Other assets
155,998
+
4.60%
Illinois
ber banks follows:
Commercial,
Total
Circuit
I-T-E
reporting
$85 million.
3,908,950
—1,027,731
' a
(quar.):
common
preferred (quar.)_______—
preferred ,(quar.)___-.
——^
5%
preferred (quar.)_
1
Hydro-Electric Securities Corp. (increased)^
Hygrade Food Products, 4% pfd. (quar.)—
5%
preferred (quar.)
Illinois
—1,027,731
23,604,606
Inc.,
5%
all
at
Loans to banks decreased
member banks.
Loans
Total U. S. Govt,
Foods,
5%
$118 million at all reporting member banks.
1955
bought outright
Held under repurchase
agreem't
6.40%: .<preferred +:(quar.)_——____p—
principal decreases were $729 million in New York
Chicago, and $117 million in the
Cleveland District.
United States Government deposits
increased $119 million in New York City and a total of
—3,069,550
2,801,750
Total
Br.,X.quar.)_jj.______"_____z..—-—
.Class
«
■-*-***
*
deposits
A summary
l
....
.vHunt
City, $173 million in
U. S. Government securities:
Bought outright—
•;
■
Hughes-Owens Co./Ltd.—
*
80c conv. class A (quar.)__
The
17,423
—
156,152
—
30,152
251,151
+
2,043
—
220,999
-
'
oreferred. (auar.)
;:+*.€ 4 40<£
adjusted decreased in all districts,-? ?'•'+preference (quar.)
liHu^sman Refrigerator (quar.)——
reflecting quarterly payments of corporate income taxes:* Hutting Sash & Door—
Demand
Increase (-f) or
certificates
total of $345
a
respectively.
(In thousands of dollars)
Gold
and
Holdings of Treasury notes and United States Govern- '
ment bonds decreased $155 million
^million, c:
Federal Reserve Ranks Combined
Assets—
million in the New York District,*
million at all reporting member banks.
cisco District and $71
++.,..4%
S-3
50c
1
Keystone Pipe
&
^5%. preferred
King-Seeley
Supply Co., 5%
(s-a)
Corp.
(quar.)
pfd.
(s-a)
19c
4-15
4-15
$2.50
6-30
$2.50
12-30
50c
4-15
195^,
51
(1599)
Number 5417
181
[me
.The Commercial and Financial Chronicle
..
of Company
lame
6-30
$1.12 %
preierred (quar.)—_—
preferred fquar.)_—
%
preferred (quar.)Co.,
7%
preferred (quar.)
er
"nan Electric, 5%% pfd. (quar.)
set
Locks (quar.)__—
ansolidada S A
—;
aiie
Extension University (quar.)
tf0
9-30
12-30
$1.12%
$1.75
5-
1
13 %c
2
Co.
capital
All
4-20
cash
3-31
Stock
3-29
3-22
Income
IOC
4-11
3-28
Speculative
10c
7-11
6-28
Preferred
10-10
10c
12-28
3oc
Ishpeming RR. Co. (quar.)
4-15
4-19
National Steel
7-19
29C
10-31
10-21
New
B
ss
A
(quar.)
(quar.)
ss
B
A
B
Naugatuck Water
tl5c
5-14
Neiman-Marcus
9-30
8-15
tl5c
9-30
8-15
(quar.)
ss
5-14
6-30
(quar.)
ss
6-30
—
12-31
11-15
12-31
11-15
2
4-30
4-15
3-31
New
N.
(quar.)
Co.
4-
1
1
4-18
North American
5-16
4-30
3-31
5-
15c
Northern
S. C.)
50c
$1.25
4-10
3-30
4-15
6-
1
7-
1
6-20
5c
4-
5
3-15
4-15
3-31
Co
$1.25
(quar.)
non-cum.
2nd preferred (quar.)
2nd preferred (quar.)
LM,ana State Rice Milling, Inc.,
preferred (s-a)
vifie Gas & Electric (Ky.) —
(quar.)
5-
$1.75
(quar.)
2nd preferred
$1.75
8-
1
11-
1
10-21
60c
5-
2
4-18
5-
2
4-18
4-15
$1.25
4-15
3-31
31 y4c
4-15
3-31
——---—
preferred
(quar.)
preierred ($25 par) (quar.)
ey (W. M.), Ltd. (quar.)
Metal Products, Inc.—
■]
8-
1
11-
3-31
20c
4-11
3-31
50c
4-15
3-31
$1.50
4-15
3-31
20c
4-25
4-15
—
Forbes,
&
Andrews
1
(quar.) —
common
preferred (quar.)
intosh-Hemphill (interim)
1
t
$1
2
5-
2
4-
—
6-30
6-16
5-
4-11.
56 %c
4'/27c preierred (quar.)
sfigld Tire & Rubber (quar.)
ufacturers Trust Co. of New York—
Miciland
in-Parry Corp.
land CJasualty, common (quar.).
——
.10 prior preferred
(entire issue called
for redemption on April 15 at $52.50 per
share plus this dividend)—
achusetts Investors Trust—
*
uarterly
Factor
4-15 V
4-11
3-17
'-S-31
20c
4-15
3-31
•
•
4-14
(W..l".) Corp. (stock dividend)——
(j;vW.).' Inc. (quar.)
.-—
—
tag Co., $3 preferred (quar.)
son
(br>
rine
all
pfd.
Ltd.,
(s-a)__—-r
4-
4
3-21
75c
5-
2
4-15
30c
Ltd.—
Co.,
Oil
oll-Frontenac
higan
15
4
preferred
preferred
v
s
18
Laboratories
20
10
15
Mfg.
3.85
15
pref.
roe
Loan
tana
22
tgomerv.
Irrell
13
rrh
13
2.25
13
unt
%
28
Co..
preferred
•15
—
Products—
(quar.)
tual
8
>%
4
4-25
5-
4-15
(s-a)
preferred
Telephone &
States
Telegraph—
»
System,
Inc.,
1
5-10
3-31
4-
75c
4-15
T-14
12 %C
4-29
4-
7
1
4-
1
(stock dividend)
Bank
(N. Y.)
Biscuit, common
Cash Register—
common (initial quar.)
tco,Corp,
■22
tional
22
6-
5-
56 %c
4-13
—
4-15
4-8
4-15
4-
5
22
New
tional
-31
Casket
tional
-31'
Chemical
tional Fuel
Co.
Gas
&
€-20
6-
$1.65
4-15
3-.31
4-15
3-31
4-15
3-3!
Reda
4-30
3-30
Reece
2
1
8
57*
JB
4-
Mfg.
Co.
Reed
31
1
Class a
tional
tional
Co.,
Linen
preferred
5%
preferred
6%
Service,
(quar.)
(quar;) —
preferred B
common-
(quar.)_
(quar.)
—
(Mass.)—
preferred (quar.)
(C. A.), class
partic A
B (quar.)
^
1
(quar.)
3-24
5-14
4-2 !iS
5-
2
*-15
Republic Aviation Corp.
4-15
3-31
Republic Steel
*5c
7-.
2
6-
10-
1
,9-
*5c
$1.50
20c
$1.1244
$1.25
1-3-56
3
2
12-2.
Reliable
Revere
Stores Corp.
(quar.)
(increased)——
Racing Association,,
Rice-Stix.
Incc {<juar.)
4-15
4-
4-25
4-
4-15
4-
1
4-15
4-
1
4-15
4-
1
4-15
4-
1
3-28
5-15
4-20.
4-15
3-18
4-15
3-18
Shaler
4-15
3-18
Shedd-Bartush
4-11
3-31
4-11
3-31
3-31
4-25
4-11
Smith
5-17
5-10
Smith
4-15
3-31
2
4-15
6-15
10-
3
9-15
'1-3-56
12-15
preferred
1st preferred
(quar.)
4-
4
77*
2nd preferred
4-
4
3-21
7%
4-
a
7%
1st
8
southern
5-15
4-25
4.48%
5-15
4-25
4.567*
5-15
4-25
4.08 7*
4
4-
4
3-14
7-
(quar.)_
2nd preferred (quar.)
Calif.
crig.
preferred
preferred
preferred
preferred
6%
6-10
7-25
7-25
Common
8-15
7-25
6%
5-16
4-15
Canada
Southern
67*
pfd.
Power
com.
4-lb
4-
1
4-15
4-
5
Southern
4-!5
4-
1
3-21
1
4-
5-
1,
4-15
5-
5%
5%
4-11
3-10
Life Insurance Co.
quarterly
Southwestern Public Service—
3.707* preferred (quar.)
3.90% preferred (quar.)
4.15%
preferred (quar.)
4.257* preferred (quar.)
4.407* preferred (quar.)
4.607* preferred (quar.)
4.367* preferred (quar.)
3-31*
2
3-25
5
4-
4-15
3-31
4-30
4-18,
5-
1
4-11
5-
1
4-11
Special
4-15
3-18
4-15
3-18
25c
$2
4-
4-15
3-25
4-
Quarterly
Quarterly
4-13
Quarterly
1
5-13
1
5-13
Sprague Engineering (quar.)
Standard Fire Insurance
(N.
6-
1
5-13
Standard
4-22
35c
3-31
4-20
3-22
4-20
3-22
4-13
4-25
+30c
25c
87(4c
50c
50c
12V2c
25c
3-15
1
6-13
7-
Ltd.,
J.) (quar.l—
4Vi% pfd. (quar.)
class A (quar.)
(quar.)
Standard Oil Co. (Ohio) —
3% 7* preferred A
tquar 1
Standard
Products
(Increased)
Standard Radio, Ltd., class B (quar.)
Class B (quar.)
State Street Investment
Stecher-Traung Lithograph Corp.—
57* preferred (quar.)
;
5% preferred (quar.)
—
—
5% preferred (quar.)
Steel Co. of Canada, Ltd. (quar.)__
Stpel
Parts
Corp.
Sterling Electric Motors. Inc. (resumed)
5-12
3-24
4-
7
3-21
4-
9
3-28
5-
1
4-15
5-
2
4-20
5-
2
4-20
4-
7
3-30
4-15
•
4-14
4-14
$1.25
25c
50c
40c
-$1.75
$1.75
$1.75
Co.,
B
Class
5-25
+
Fuel
Standard Holding Corp.,
*
20c
15c
—-i
r__
5
2
6-
$1.12/a
$1
$1.25
(quar.)
convertible
6-
40c
Inc.—
3-31
Strawbridge & Clothier, com.
4-15
3-31
Sullivan
4-15
4-
1
Textiles—
preferred (quar.)
4Vi%
Sun
Consolidated
Oil Co., 4Vi%
10-
1
7-
J
6-13
10-
1
8-15
t
9-15
Supertest
5%
Sutton
(quar.)
preferred (quar.)
pfd. (quar.)
Petroleum Corp., Ltd.—
Superior Separator,
preferred
(O.
A.)
6%
(quar.)
Corp.,
4-
6
2
4-
8
5-
2
4-12
.
I"
4-
3
5-
common
(quar.)
1
4-
4-15 *
1
c»jO
4-30
3-21
4-30lio
3-21
4-30r10*1
3-31
3-31
4-15 as*
4-15 t.I.
62%c
62Vic
30c
$1.25
5c
56%c
3°c
30c
30c
9c
50c
f56%c
12Vic
12Vic
3-31
4-15
4-
4-29
3-31
4-30
4-
5
6-30
6-
5
4-30
4-
5
4-30
4-
5
5-31
5-
5
5
$1.25
$1.25
$1.25
J30c
10c
5c
56c
25c
t6c
$1.12%
30c
1
5-31
5-
4-15
3-31
4-15
3-31
4-20
5-16
4-15
3-18
4-15
3-31
2
4-15
4-11
3-18
5-
4-15
5-
1
5-
1
5-
1
4-11
,
4-15
3-19
4-15
3-15
4.J5
[7
5-13
6-15
8-15
9-15
4-30
5-16
3-31
'
4-15
7-11
7-15
5-
1
4-20
5-
1
4-20
5J
1
4-20
5-
1
4-20
5-
1
4-20
5-
1
4-20
5-
1
4-20
5-
2
4-15
5-
2
4-15
7-
1
6-15
10-
3
9-15
12-
12-15
1
4-15
3-31
4-23
4-10
1
4-15
4-11
3-25
4-11
3-25
4-15
3-25
4-20
4-
5-
8
4-
7
3-18
4-
7
3-18
4-15
3-31
6-30
9-30
12-30
5- 2
5-15
4- 8
.
Mines, Ltd
class A
1
2Wtf
5-
Stern & Stern
6-16
1
—
—
3-22
5-
93%c
25c
fl5c
t!5c
55c
—
3-31
5 ; ,<"
4-15VO. 4-
$1.06%
$1.10
$1.15
27Vic
preferred (quar.)——
Spokane International RR. Co.—
4Vi%
5-
$1.06(4
d:>!
92Vic
97 Vic
$1.03%
Securities,
&
5
6-15
4-27
4-
55c
Common
9
4-15
Investments
5
4-
VC
7-
(Dallas) —
Increased
3-31
5-
•
4-
! '
4-11
19c
20c
50c
25c
—
3-24
4-UJa
$1.20
(quar.)—
(quar.)
Southwestern
8
4-
preferred
1st
$5
»»*
4-10
Railway—
Southwestern Drug Corp., common
$1.25
4-10
$1.75
non-cum."preferred (quar.)
non-cum. preferred
(quar.)
1
6-
3-24
17V2c
59c
(quar.)
5-13
;i
3-24
$50c
Power,
5-13
)
4-10
t$1.50
(quar.)
participating
1-10
-4-15
2
1
4-15
'
6-15
Ltd.—
4-15
2
5-
6-
•j;Southern Franklin
4-15
t56V4c
+75c
1
37Vic
...
Co.,
1
5-13
4-15
25c
12(4c
90c
1
6-
—
(quar.)
Gas,
4-25
4-
1
-4-15
4-15
5-
(quar.)—
(quar.)
(quar.)
(quar.)
preferred (quar.)—,
Process—
7 7*
preferred (quar.)
Southern Indiana Gas & Electric—
4.807*
preferred
(quar.)
Southern Materials
(quar.)
Southern Nevada Power (quar.)
Southern New England Telephone (quar.)
Southern Production (initial quar.)
2
5-
20c
$1.25
7-20
1
$1.12Va
10%
60c
60c
28c
28'/2c
25V2c
30Vac
37y2c
4V27* pfd. (quar.)
(stock dividend)—
4.72%%
1
5-
6
4-20
1
15c
(quar.)
Southern Colorado
6-
5-16
1
8-
5-
25c
(quar.)
preferred A
1
8-15
4i
5-
$50c
(increased)
pfd. (increased quar.)
California
Southern
8-15
-
3-29
t20c
Inc.
Edison, common
partic.
4.88%
3-14
Water,
1
7
t25c
Sugars,
Southdown
5 7*
(quar.)
7%
3-21
2
Pittsburgh
South
1
4-
Mills, Ltd.—
—
4-
4-20
4-
50c
l—
1
7-
4-20
4-20
4-15
J53c
Corp
Extra
4-29
65c
6(4c
5c
4-
5-10
10c
25c
10c
45c
tl5c
com.
Extra
1
4-29
5-20
4-15
12c
$2 preferred (quar.)
Solar Aircraft Co.
(quar.)
2
5-
O.)
(A.
(Howard) Paper
Common
(quar.)
7-
45c
5-20
5-31
$1.50
—
(quar.)
Co.
4-15
$1.75
5-20
5-31
Security Title Insurance
Foods (quar.)____
Sheraton Corp. of America (quar.)
Sherwin-Williams Co. of Canada, Ltd.
Slater (N.)
Ltd., com. (quar.)
i
$2.12 preferred (quar.)_
5
3-31
5-31
25c
4-15
4-
3-31
4-15
$1.43%
$1.25
(quar.)——
(Los Angeles) —
37*
participating preferred (s-a)
Selected American Shares Inc.—
(From investment income)
2
3-31
4-15
45c
53c
4-15
5-
3-31
4-15
25c
2
•
3-31
4-15
27%c
27V2c
85c
$1
Extra
7-
3-21
5-
3-18
-
4-29
4-15
91V4c
$1.07V2
preferred (quar.)
preferred (quar.)
Oil (quar.)
Seaboard Finance Co., common
$2.12 conv. preferred (quar.)
$5.75 s. f. preference (quar.)
Security Storage (Wash., D. C.)
5
4-
4-10
5-15
$1.09
25c
25c
30c
Seaboard
12-1
4-16
«.
4.307*
1
1
9-
9-15
12-15
,
25c
22'/2c
22c
$1
2V'2%
18%c
32'/2c
3.65 7*
3-25
4-29
Inc.—
4-4
1
6-1
Co.—
Mfg.
Scovill
Corp.
25c
(quar.)
(quar.)
Co
4-15
t5c
(quar.)
Lead
Pump
20C
Ltd., class A
4-15
7-15
6-10
6-15
5%%
5-17
5-
4-15
1
7-
1
Co
Steel
4
4-
4-30
Schwltzer-Cummins
4-30
investment income)
65c
(quar.)
tional Hosiery Mills,
Class a (quar.)
——
preferred
preferred
preferred
27V2c
Co
(quar.)_,
1
1
5-1G
3-31
4
5-
4-
Co.—
preferred, series A (quar.)
preferred, series A (quar.)
Scott Paper Co., $3.40 preferred (quar.)
$4
preferred
(quar.)
$1.17(4
preferred (quar.)
Quebec Power Co. (quar.)—
Radio Corp. of America, com. (quar.)
$3.50 conv. 1st pfd. (quar.)
Reading Company,
eominon (quar.)
•
4% non-cum. 2nd preferred (quar.)
Reading Tube, 50c partic. class A (quar.)—
5-31
4-15
(quar.)—
6%
$2
(s-a)
6-15
5-
3-31
4-15
4-
5y2%
Quaker Oats, common
5-lt)
5-
pfd.
5%
Quarterly (from
6c
60c
—
Service Co. of
4'/47*
3-31
50c
City
3-31
6-30
-
Co
Colorado, com.
(quar.)
4.20%
(quar.)—
4(4%
(quar.)
Putnam (George) Fund (Boston)—
Public
.^tional
^
Transit
Prosperity Co.,
?6
4-;l
5-1
3714c
(quar.)
preferred
4-20
Chicago Ry.—
preferred (quar.)
6% non-cum. partic. pfd. (quar.)
Pressed Metals of America, Inc. (increased)
Procter & Gamble, 8%
pfd. (quar.)
4-27
common
Scullin
—
»■
4(4%
3-31
4-15
10%
•16
1
60c
8
4-
$3.50
Inc.—
3-31
25c
Edison, 3.607* preferred
4.707*
preferred B (quar.)
Power Corp. of Canada—
6c
Mills,
4-
4-15
32 %c
33c
25c
Potomac
(quar.)
Co.
4-11
lOc
45c
25c
33c
$1.30
preferred iquar.J1
32(4c
Penman'-s* Ltd., common
(quar.)
75c
6%
preferred (quar.)>-v^;—
;
$1.50
Pennsylvania-Power>£;4.24%7 pfd. (quar.)—
$1.06
4.25%
preferred
(quar.)
$1.06%
Peoples Gas, Light & Coke iquar.).^
$1.75
Philip Morris & Co., common (quar.)
75c
3.90% preferred (quar.)
97(4c
4%
preferred (quar.)_
$1
Phoenix Glass Co. (monthly)—
5c
Pillsbury Mills, Inc., $4 pfd. (quar.)
$1
Pioneer Finance Co. (quar.)
4c
Piner Aircraft, 4%% pfd. (quar.)
ll%c
Pittsburgh Brewing, $2.50 conv. pfd. (accum.)
€2%c
i. i»
3c
Diablo
"uarterly
•24
5-10
5c
3-31
35c
preferred
Portland
5
5c
—
Vernon-Woodberry
untain
•15
(quar.)
(quar.) —
com.
__
unt
'%
31 Vic
37 %c
unt
•15
common
(quar.)
(quar.)
4-15
4-
40c
(quar.)
Metal
Clemens
ommon
31
3-31
4-
5c
(quar.)
Inc.
4-15
96 %C
.
America,
of
1
3-18
20c
(quar.)
(quar.)
class A
&
Co.
preferred
torola,
13
Ward
Co.
7
4-15
,—
(quar.)
(John)
Plan
7
4-
4-15
(quar.)
C
series
Society,
Power
4-
2
4-30
V'
3-31
4-15
45c
preferred (quar.) —
*
Plate Glass (increased)
■»
Plymouth Cordage Co., common (quar.)
Employees Stock
(quar.)
Plymouth Rubber Co. (quar.)
Porter-Cable
Machine
(quar.)
-»— »
Portland Gas Light. $5 pfd.Jquar.)
—
Portland General Electric
(quar.)
15c
Co.,
Valley Barge Line
Auto Equipment Co.—
nroe
1
2
5-
7c
(
Pittsburgh
4-30
(monthly).—
sissippi
11
5-
37 %c
class A (quar.)_„
neapolis Gas Co. (quar.)
nesota & Ontario Paper
(quar.)
npsota Power & Light—
er
20
4-
$1.10
—
—
(annual)—
pfd.
7%
7
2
$1 22%
(quar.)
;
;
4(4%
Corp.,
Pittsburgh, Ft. Wayne &
—
(quar.)
90%
31
;3-3i
57*
40%
15
•
5-
-
(s-a)
& Electric—
Gas
3-28
2
4-30
*50c
(increased)
preferred
&
10
5-
*37 %c
dividend
Stock
8
3-31
4-20
U0C
participating
ommon
?
»
4-
.
6-15
2
25c
;
preferred (extra)———
icap Light & Power, Ltd.—
15
1
5-
*$1
preferred (quar.)
uay Norris
Mfg. (quar.)
hers
Distilleries, Ltd.—
15
\
(quar.)
Corp.
,%
7-
150c
—
4-15
—
3-24
17 %c
s
3-31
,
3-31
4-15
1007*
4-15
2%c
2(4c
2(4c
Davis & Co
Telephone—
Extra
7 Vic
-
3-31
Peninsular* Telephone, common
(quar.)
$1 preferred
(quar.)—
$1.32
preferred
(quar.lA^ito-ryi^-
4-26
'
common——
Co.,
&
1
4-
4-20
12 %c
Corp.-:
(quar.)__
com.
$1.307c
3-21
62c
income)
net
from
*
Macotta
1
4-15
10c
3%
7(4c
(quar.)
preferred (quar.)
$1.32 preferred (quar.
Penn-Texas Corp> tquar.^—.
$1
3-21
5
35c
27c
Sheraton
Parke,
3-21
4-15
4-
25c
5
3-31
Peninsular
4-15
17 %c
(quar.)
preferred
5%
3-18
Co.,
preferred (quar.)
preferred (quar.)
preferred (quar.)
57c
Park
4-15
4-
4-20
$1.50
Bottling (quar.)_
(stock dividend)
common
Chemical
Park
3-25
20c
(quar.)
mmon
4-
Mfg.,
Pantex
3-21
50c
(quar.)
Telephone & Telegraph—
time
4-15
18c
Corp.—
4-26
5c
Co
Coca-Cola
Panama
57c
8
Mfg.
Pacolet
8
4-
1
$1.50
Packard-Bell
80c-
pfd.
conv.
2
4-20
25c
(increased)
Oil Exploration Corp.
'acaibo
ine
3-31
t25c
(P. R.)
lory
4-15
1
4-
Telegraph—
&
preferred (quar.)
Co. (quar.)
6%
3-31
13 %c
priority shares (quar.)
nvertible
6
4-15
Corp., Ltd.—
man
Telephone
Pacific
25c
Electric
Indemnity
Pacific
6
4-
$1.06%
H.) & Co., 47c pfd. B (quar.)
preferred A (quar.)_
ing Drug Stores, common (quar.)
c
preferred (quar.)
(R.
-4%
5-
4-
4-14
4
3-31
4-15
4-25
Diego Gas &
4-14
4-
3-31
4-15
14c
20c
57*
.
$1.25
55c
33%%
$1.12
$1.12(4
$1.18%
32 (4 c
$1.25
preferred (quar.)
(quar.)—__——
(stock dividend)..
Pacific Lighting, $4.40 preierred (quar.)—
$4.50 preferred (quar.)
$4.75 preferred (quar.)
Pacific
Power & Light, common
5%
preferred (quar.)
10-14
4-11
&
Gas
Pacific
1
10c
57*
Finance Corp.,
Pacific
7-15
62 %c
ecial
1
Extra
62 %c
3-25
50c
*50c
f25c
4-15
3-31
4-15
27Vac
Electric, com. (quar.)
preferred (quar.)
4%7* preferred (quar.)
4.40%
preferred
(quar.)
Sanborn Map Co
Savage Industries, com. (stock div.)—_____
75c conv. pfd. ($1 par)
(quar.)
$1.30 conv. ptd. ($20 par) (initial quar.)_
Savannah Electric & Power Co.—
4.367*
preferred (quar.)
Schenley Industries, Inc. (quar.)
Schuster (Ed.) & Co., com. (quar.)
3-25
1
30c
$1
.—
San
1
5-
25c
American
San
5-
6-
4-29
4-15
4-11
Transit
Antonio
8
4-
3-31
4-11
Insurance—
Increased
4-15
1
4-22
Paul Fire & Marine
Quarterly
St.
4
4-
4-15
6-
57c
62(4c
Co.
Fisheries
(resumed)
Pacific Coast Terminals, Co., Ltd. (s-a)_—
4-15
1
5-
62 %C
preferred (quar.)
preierred (quar.)
preferred (quar.)
s-Magnus, class B—
]
Elevator
Paciiic
3-15
4-15
t25c
(quar.)
$1.12(4
(quar.).—
Owens-Corning Fiberglas Corp. (quar.)
Oxford Paper Co. (quar.)
Pabco Products, Inc., 4% pfd. (quar.)
3-31
(quar.)
convertible preferred A
$1.06(4
dividend
Stock
Otis
45c
convertible preferred A
57*
Chemical—
preferred (quar.)
Oliver Corp., 4(4%
conv. pfd. (quar.)_
Olympic Radio & Television, Inc.—
$3.50
common
(quar.)—
preferred
4(4%
7-21
$1.75
5%
20c
$1.06
10c
(quar.)
4uc
Corp.,
Olin Mathieson
4-21
1
4-15
3-16
90c
preferred
5-13
4-29
$1.25
$1.25
$1.25
San Francisco Ry.—
convertible preferred A (quar.)
4-14
75c
20c
j_
(Minn.), com. (quar.)
57*
6
$1.02(4
$1.02
$1.02%
40c
Town
5-13
1
4-15
St. Louis,
"
preferred
4.24%
1
6-
10c
50c
s
2
$1.13
$1.06(4
:
(quar.)
Corp.
5-10
preferred
Old
6-
$1.50
$1.12Va
5c
50c
$$1.0G
Royalties
3-31
9
5-
$1.25
(quar.)
t.
(quar.)
$4.08 preferred (quar.)_
$4.11 preferred (quar.)
Oilgear Co.
Oklahoma Gas & Electric, 4% pfd. (quar.)__
5-16
$1
(quar.)
preferred
87c
St. Lawrence
4-
$4.10
1
4-
4
4-
$3.60
4-15
2
5-
10c
1
4-
2Gc
(quar.)_
Northern States Power
3-30
15c
non-cum.
ramon
Northern Pacific Ry.
10-10
4-10
(quar.)
Telephone, 5% preferred
Baltimore
Hotel—
non-cum.
1
4(4%
11 Vic
(quar.)
Co.,
Pipe
Shipley
&
8
7-
1
11-
4-
Service—
preferred (quar.)
preferred (quar.)
4J/2 %
50c
preferred (quar.)—
Joint
8-
50c
3-21
4-11
15c
Engineering Works (quar.)
(quar.)
preferred (quar.)
Indiana Public
8
4-
1
5-
50c
■■ftjHhin Telephone & Telegraph, com. (quar.)
r
5%
6-23
1
7-
25c
5-13
$1.37 V2
4-15
30c
10%
—
2
Management Corp
S & W Fine Foods, 4%
preferred (quar.)__
Saguenay Power Co., Ltd., 4%7* pfd. (quar.)
St. Anne's Oil Production (quar.)-.
75c
Refractories (quar.)
dividend
Stock
1
30c
$1.25
4-15
(quar.)
Northern Illinois Gas, common
arterly
;ferred
3-21
15c
s
(quar.)_
Aviation
North American
4-15
30c
$1.12%
.arterly
com.
4-29
4-15
3-28
Northern
Corp.,
4-29
5-15
25c
60c
5-
5-15
4-15
.
Finance
5-16
(quar.)
Jersey Natural Gas, common
6-
52 l/10c
(initial)
shares
McBee Corp., com. (quar.)
57*
preferred B (quar.)
5'/27*
preferred C (quar.)
67* preferred D (quar.)
4y27* preferred A (quar.)
Royal
5
4-16
2
5-
Corp.
Plywood
Y.
N.
7
jjfcln Nat'l Life Insur. (Fort Wayne, Ind.)
t
(quar.)
Telephone
5-13
Royal Dutch Petroleum—
4-
2
4-11
—
Quarterly
3-15
4-14
4-
3-31
4-25
Bros.,
arterly
4-15
5-
4-15
10c
—
Ltd.
(quar.)
ty Life Insurance Co. (Greenville
Rohr Aircraft Corp.
Y.
6-15
Sait
4-17
loc
Common
45c
(quar..)__
common
Corp.,
4-25
93 Vic
45c
Corp.
Stores
Roddis
25c
25c
City Omnibus (quar.)
50c
Newark (Ohio) Telephone, 6% pfd. (quar.)„
$1.50
Newberry (J. J.) Co., 3%%
pfd. (quar.)—
93%c
Norfolk & Western Ry., 4% adj. pfd. (quar.)
|
25c
5-
$3
preferred (s-a)__
Bakeries, common (quar.)
80 preferred
(quar.)
ti-Neville Co. (quar.)—
(James) & Sons, 3.85% pfd. (quar.)__
er.
4-17
England Gas & Electric Assn.—
New
endorf United
nan
4-25
(quar.)
Brunswick
New
tl5c
(quar.)
H.), Inc., $6
(M.
preferred
$2.40
*15c
Co.,
8
1
loc
25c
4-17
$1
$1.0674
(increased s-a)
4(4% preferred (quar.)
Neptune Meter Co., common (quar.)
115c
5
4-
6-
(quar.)
(quar.)
4-17
4-17
4-25
(initial)
common
3-18
4-
4-25
$1
$1.02V2
$1.18%
$1.0272
42c
t37Vzc
(quar.)
4-29
4-15
preferred F (quar.)
4.10%
preferred H (quar.).,.
4%7*
preferred I (quar.)
4.10%
preferred J (quar.)
4-25
National Tank Co.—
Car,
4-29
2
4-15
20c
56c
47*
22 Vic
Ltd.
4-29
7-29
4-17
2
5-
40c
Co. (quar.)__
Rochester Gas & Electric, com. (quar.)—_
Button
4-25
1
Series
Stock
Growth
4-25
5-
75c
87V2c
—
77*
4-17
8c
:
29c
guaranteed (s-a)
guaranteed (s-a)
Rochester-American Insurance (N. Y.;—
67*
4-25
20c
34c
19c
Series
Series—
tl5c
iss
4
Quarterly
Series
Stock
Series
Bond
1
4-
3-18
Rochester
14c
12c
29C
Laboratories, $1.16 pfd. (quar.)—
16 preferred
(quar.)
16 preferred
(quar.)
3ert
(Alfred), Inc., class A (quar.)—_
3-31
in
payable
Series
Balanced
9-28
1--10-56
4-
4-15
option.
Series
4-15
18c
10c
holders'
at
stock
25c
._
distributions
gains
or
& Potomac RR.—
Richmond, Fredericksburg
4-15
4-15
Payable of Rec.
Share
Name of Company
Payable of Rec.
Securities Series—
4-15
5-
side
ton
National
9-22
;
Superior &
National
Manufacturers & Stores (quar.)—
Kuooer Maeninery Co. (quar.) J
12-22
—
—-—
-l.
Lock
National
6-23
$1.12%
%
irterly
irterly
.rterly
(quar.)_
National
Mfg. Co.—
aler
Company
Holdert
When
Per
Share
25c
25c
30c
.
...
Name of
Payable of Rec.
Holdert
When
Per
Holdert
When
Per
Share
7- 1
5- 2
4-16
5- 2
6-15
9-15
12-15
4-
•
7
4-15
3-28
6-13
4-20
3-18
4-11
4-15
4-30
3-24
f$1.25
18%c
4-15
4-20
4-
4
52
(1600)
The Commercial and Financial Chronicle...
'
•
*
=,
When
Per
Swifs
&
Share
Company
Co.
7-
10-
Class
B
4 %
'!
Terre
.( I
Texas Electric
Haute
Texas
$1.20
Title
Gas
preferred
i<
Trails
25c
Oil
4-
preferred
4-
8
5-
2
4-
4-15
4-
1
4-11
Corp.
4-11
4-
Triiiity
11
4-
8
$1.06V4
6-
1
6-
1
(5-17
$1.14
4-15*
pfd.
4-26
U H
$4.50
■•
$4
preferred
preferred
(quar.)
—
.
United
———ww
Co. »of
United
U' •)
Net
t--T:r4^U
ir-S-16
Drill
Class
B
United
N.
United
J.
4-20
preferred
;
"4-20
5-16
5-
class
A
2
4-
Co.
I
V
Stock
Earnings
181,
7
Ui'S.
&
Co';
5-16
4-15
were
5-31
4-30
at
5-
1
5-
25c
1
4-15
50c
—
Chemical
&
^
r
Subs.)—
10*14
.
.
1954
UU
.
.
—
7,349,000
1st
\<
preferred,
red^nptiqn
5
share
U.
S.
issued
April
on
this
plus
Lines
entire
share_-l__"_:
$2,955,000
3,852.780
30
at
Vegetable
$1.81
abandoned by
.4-30
for
was
mutual
the
holders
for
30
the
The
KVP
.
f. 3-31
62'/2c
5-
2
4-
5-2
4-
10c
4-
3-
7
50c
4-15
—v.
4
3-16
8
'taken
result
the
as
than
moie
of voting
the proposition
on
•
of'unfavorable
proposal,
25%
Watervlict's
of
proxies
filed
outstanding
the
holders
from
stock,
3-16
Ry.
4-
7
3-21
Ry.
4-
7
6
of
6-30
City
United
Southern
Ry.—Earnings—
1955—Month—1954
per
41%c
—
4-30
7-
22yac
'
~v
1
Halsey,
'
$3,513,853
$3,310,835
1,947,247
1,989,621
$6,966,564
announced
4-
30-year
45c
4-12
6-11
4-15
3-21
$1,321,214
$3,021,223
$2,809,799
561,870
1,251,964
1,156,071
1
6 "«
3-21
4-12
Railway
oper.
revenue-
3-18
Railway
oper.
expenses
17»/aC
4-15
5-16
4-26
$1.25
4-15
3-31
50c
5-
2
4-14
Net
4-
8
3-25
—V.
4-
1
Walker
5-
2
4-25
(quar.)
4-15
4-
6-
1
9-10
9-
1
12-10
12-
1
37 %c
(quar.)
Inc.
4-22
3-31
5-20
4-29
4-15
4%
&
Co.,
,4%,.
$1.40
It
preferred
C
$2.50
class.
5-31
5-16
A
Union
prior
lien
25c
$1.02%
preferred
4.44%
preferred
- (Wm.)
Monthly
Monthly
Yellow
t
1-3-56
5-
2
Co.
Less
-
in
Less* Jamaica
y
Previous
date
Co.
.!
8
counties
and
at
http://fraser.stlouisfed.org/
(if
Federal Reserve Bank of St. Louis
in
two
-
additional
share
a
shares
the basis
on
4-15
3-15
4"15
3-15
5-
2
the
sale
this
of
f*iI
J
stock
1
7-15
77
in
in
499
engaged
communities, and
central,
'
in
share.
a
of
This
southeastern
$4,971,331,
$1,76
or
First
adjacent
and
Series D,
4-15
Series
E,
37/s%, due April
4-15
Series
F,
due
4-15
60c
$1
date
3-25
1
6-10
Pfd.
3-18
Common
5-
2
2
4-15
4-30
4-15
4-15
4-29
4-20
5-
2
4-15
25c
5-
2
4-20
6-
2
5-20,,
25c
7-
1
6-20
25c
8-
1
7-20
20c
4-30
4-
9
25C
4-15
4-
1
at
the
Kentucky
31,
incorrect.
1954
equal
to
$31,749,548.
the
year
TO
PRESENT
1,
4%%,
stock
due
1955
cumul.
(par
net
before.
FINANCING
As
barrels
of
proved
of
producing
-posted afield
EFFECT
TO
N^Y.
-
t
-
;
•
.
PRESENT'FINANCING
$300,000
10c)„—__-2T
issuance
in
-
-
"
Outstanding
v_
$300,000
5,000,000 shs.
accordance
Plan.v Options, for
been
granted
to
with
18,000
date
181, p.
(no
for
par),
said
SEC
the
$1,455,000 shs,
company's Employ¬
shares
of
to
pursuant
the company's
the Plan at the
1078.
undetermined
an
stock
be
to
Feb.
on
covered
number
by
of
letter
a
25.
..
1955
railway...
railway—.
voting
of
trust
notification
.
1953
1952
$40,522
$56,371
$65,780
♦136,549
*108,566
*89,954
♦133,448"
income—
oper.
1954
$48,916
♦123,507
*151,002
*119,744
*105,584
ry.
railway
railway—
from
Net
97,106
85,144
116,796
125,483
♦234,890
♦254,728
*215,973
*202,251
♦267,139
income—
oper.
*282,531
*244,264
*235,745
1312.
p.
Warner-Hudnut, Inc. below.—V. 180,
company
covering
($10
per
to
Feb.
on
16,734
share),
Non-
corrected
payment
bank
pay
1773.
p.
Seattle, Wash.—Files With SEC
filed
28
shares
without
of
letter
a
of
notification
stock
common
underwriting.
181,
loan
and
short-term
647.
p.
The
are
the
with
offered
be
to
proceeds
to
at
be
par>
used
loan
and
for
working
capital.
'
Lehigh & Hudson River Ry.—Earnings—
February-^from railway
Net from railway.
1955
Gross
Net
ry.
1953
1952
$254,697
$256,214
89,592
79,871
'83,638
$264,443
89,191
28,674
23,711
29,097
44,217
income—
oper.
1954
$255,561
From Jan. 1—
Gross
'
from
Net
ry.
railway
railway
from
Net
—V.
181,
516,218
527,986
525,956
534,839
168,492
167,250
173,232
173,366
51,900
,
50,560
-59,477
74,006
income
oper.
1312.
p.
Lehigh & New England RR. —Earnings—
February—
from railway.:
Net from railway—
Net'ry.; oper. income.
1955
Gross
From
Jan.
Net
trcm
Net
ry.
—V,
1952
1953
'
$511,923
21,705
72,439
38,227
70,708
$534,167
$598,303
;"
152,<i87
123,657
'-112,r.6J
105,611
1,183,917
1.151,609
230,824
.
292,121
186,936
199,227
1—
913,071
1,051,218
:
3,517
120,463
income.—
56,319
140,613
railway—
oper.
181,
1954
$479,121
Groijs from railway
1312,
p.
f
-
Lehigh Valley RR.
Net
from
Net
ry.
Co.,
—V.
10,000,000
and
(par
Merrill
Lynch,
Fenner
Ste'n
Bros.
Almstedt
A.. C.
&
&
—
$1,100,000
An
16.05
Alden
Wagner,
11.00
2,477,350 shs.
5.00
The
F.
4.00
W.
(Inc.)
The
Kentucky Co._
u—_
Berwyn T. Moore & Co., Inc.
=-V. 181, p. 1441.-
(Walter)
Reid,
&
Co.,
and
Inc.
L.
2.90
Ebinger,
2.90
Bankers Bond
L.
Co., Inc.
space
lip
to. 25%*
and
•• as
13,407,544
3,928,903
2,012,634
1.361,994
2,858,664
233,886
1,518,643
'
1.9o
The
SEC
unit
to
ideal
the
for
color
color
photography • because its
of sunlight is being
temperature
is called the "Braun Hobby" and is manufactured by Max
Germany.
It
may
be used with Leicas or any
synchronized for zero-delay flash.
Connecting cords for all
are
being made available.
covering
offered
1.90
The
net
and
for
Russell, Long & Co
&
flash
closest
this corporation.
corporation
1.90
Clowes
come
Lillian Russell Originals, Die., Wilmington,
Lyons & Co
Smart,
compeared
-7
646,176
...
Oswald,
Inc.
Del.—Files
With SEC—
and
3.85
reduces
1312.
10.168,758
1,635,379
Economically priced, the dry battery unit is $89.45; AC is $84.50,
storage battery-AC unit is $99.50. Any unit may be converted by
owner
simply by interchanging the appropriate parts.—V. 176,
600.
;
1.90
8,000
12,300
shares
first
March
on
of
for
shares
$10
15
of
par
subscription
proceeds
to
are
be
filed
$10
class
by
used
a
par
B
letter
class
of
non-voting
purchase
with, the
stocx
stock, to be
underwriting.
equipment and materials
C
stockholders,
to
notification
voting
common
common
without
working capital.
1.90
Kidde Constructors Die.—Introduces
conveyors
11,807,371
10.291,343
income...
the
Lindly & Co., Inc., Mineola, N. Y.—Files With
"Auto¬
The
SEC
corporation
covering
offered
-
976,422
-
and
Dupree & Co
3.85
new..automated-warehousing-system
controlled
712,950
/
3.85
3.05
Inc.
4.00
Co.
220,334
Frankfurt,
camera
the names of the underwriters
Security & Bond Co
Goodbody & Co.,..
Brothers
Republic
301,701
unit
Braun,
cameras
Allyn & Co., Inc
Central
1,962,567
income
electronic
has
The
200,000 shs.
3,000,000 shs.
are
O'Neal,
—
p.
introduced by
1,100,000
200,000 shs.
--
1
11.00
Boyce
1,341.851
railway
railway..
oper.
',181/
light
5,000,000
1956—_
Pierce,
Beane
$6,560,753
779,418
(E.) Leitz, Inc., N. Y.—Introduces New Flash Unit—
10,000,000
on
$100)
$10)--
Son——_
$5,661,063
787,301
3,500.000
1983—
19.05
&
1952
1953
$4,961,926
railway
from
ry.
(offering
$275,000
Inc
Hilliard
1954
$5,016,213
from
Net
p.
&
B.
■
1955
railway
oper.
Net
company:
J.
from
Gross
percentage of the unsubscribed shares of the stock which
each
has severally agreed to
purchase from the
Blyth
Earnings—
February—
Gross
12,000,000
the
.,A
The
181,
Co.—Proposed Merger—
Lamson Aircraft Co.,
$24,000,000
-
mated/' Warehousing System—
here.
from
Outstanding
Authorized
1_____
21/2%,
and
tax. " "
source.
7%.
indicated
stock,
1,
1985
l,
UNDERWRITERS—Set forth below
and
J.
deductible
areas,
3-31
$2.25
April
May 1 and Nov.
4-15
5-
Z_Z
was
1,162,775
From Jan. 1—
1955)
payable,
4-15
.
is
Notes
4-15
tax.
date
April 5.
7-
$1.43%
(quar.)"
,
rural
western
3l/4%, due Jan. 1, 1979—
27/a%, due July 1, 1980—
3J/2%, due June 1, 1982—_
Series C,
•
of
reported
.
1
2
share,
EFFECT
mortgage bonds—
3%, due May 1, 1977——
1
5-
a
revenues
Series A,
1
5-16
with
compares
5-
$1.11
tax
one
-
payable to The
from
ry.
cooperatives.
5-
22 %c
tax
arid
repaid Serially at the rate of $25,000 per
quarter
30, 1955.
tNot including 60,000 shares of
common
for
the
from
generating,
adjoining counties in Tennessee,-, and also sold electric energy
under term
contracts, to 10 municipalities and 18 rural
5-
$1.50
funds,
a
the-com¬
wells
from
and
*' *»,
.
public utility
a
CAPITALIZATION GIVING
4-15
8-
$1.25
tax.
operates
gas..^On
Superior & Ishpeming RR.—Earnings—
Net
The of¬
EARNINGS—Operating, revenue for the year ended Dec.
to
$36,247,777,. and net income to ' $5,823,560,,
income
Co.—
resident
and
owns
producing oil
wholesale,
3-18
common
(quar.)
income
n
190,566
'
is
40c
111111..
ZIIIIIIII™
Zl~~Z."_I
income
record
163,246
-
•
company
customers
3-28
(increased).
(quar.),
60'
be
have
stock
with
Gross
3-18
(monthly)
Door
published
and/or
88,936
95,982
-
12 shares then held.
from
*
about 211,000
4
(quar.)
(quar.)_
Canadian
*
-
-
to finance
located
4-15
75c
(quar.)
British
proceeds
31 %c
com.
oil
natural
Henry H. White, George J. Fruthaler^ Harry .B.- Kelieher and
Edward
Rapier are voting trustees under, a voting trust
agreement covering
Lake
sale
Series B,
(quar.)
resident tax 15%:
a
$407,081
(par $10) at $24.75
34%c
■
Cab
tPayable
/
4-
$1
Gas
Jr.
$276,293
purchasing, transmitting, distributing and selling electric
energy. At
the beginning of this
year, the company furnished electric service to
4-15
4-15
non-residents
i
..
5-1
♦Transfer books not closed for this dividend,
fPayable in U. S. funds, less 15% Canadian
!{
12-15
$2
Corp., 6% pfd".
Electric Co.—
Youngs town Steel
1
9-15
$2
Monthly
1:1
10-1
1
t50c
*
,
1
25c
Wrigley
$231,521
for
share for each
■
4-15
100%
£,4
RR.,
to
June
SEC
subscribe
stock
BUSINESS—The
135c
Co.
sells
company
from
Lake Charles Naval Stores €04 InCi^New
Orleans, La.
*i~-; !>•'/. --vU;
517,428
at competitive bidding on April 5
of $5,000,000 in
bonds, series F, due April 1, 1985, will be used by
a part of the cost of its construction
program
which, it is estimated, will cost about $18,741,000 in 1955 and
$18,580,000 in 1956.
1
" '
'
U'
'
4-
$1.05
Sherman
County
448,623
mortgage
company
$2.13
$1.12%
(quar.)
Southern
proposed
3-18
(quar.)
Power
Worcester
\\
6-15
(quar.)
Electric
a
Securities—
Telegraph
and
the
—Voting Trustees—
—V.
to
new
electric
com.
principally in
in. exploring and
and ' gas from
wells
reserves.
GIVING
price of $2.75 per share.—V.
$924,509
amounted
(accuin.)
Witherbee
_
6-
7-
17%c
(quar.)
Wheeling & Lake1 Erie
Wisconsin
Wisconsin
6-10
50c
Western, Tablet & Stationery Corp.,
5%
preferred '(quar.),.
6%
4-15
75c
(quar.)__
Western Pacific RR.
4%
5-
2
rights
4-25
preferred (quar.).
Western-
4-15
50c
$2.50 class A (accum.)_____
Western Light & .Telephone
Co.,
^5% preferred (quar.)
5V2%
4-30
50c
(quar.)
B
Insurance
11
the
1
Power Co.—
preferred
Western
first
4-
4-25
(quar.).
4V?% ^prejferred Iquar.)_._____
Western -Aqtq, Supply (stock dividend)
I/estern.,Grocers, Ltd., common (quar.)
V
3-24
4-15
5-10
...
4.20%
4
5
5-10
convertible preferred
(quar.)
Kentucky Coal
(quar.)
West. Michigan Steel Foundry—■
i
■7%
prior preferred (quar.)
preferred
business.of
properties,
companyfull; or partial
consulting petroleum engineers, esti¬
the. company .as-of/Nov.; 30,--.1954
<?dwere
companies.
Option
stock
common
See
$724,916
247,938
55,822
PROCEE'DS—The
4-
$1.06%
West
4.10%
gas
for
U
of
of
comprising
(par
reserved
and
mon-producing.reserves, «mdvj.3£i25o
Ufv*
presently sells its.output of crude-oii-at-,poste4 field
is
Lambert
•
conv., pfd. r(quar.)
Penn
stock
♦Deficit.—V.
fer, which expires 3 p.m. (CST) on April 11, 1955, is
being underwritten by a syndicate managed jointly by
Blyth & Co., Inc., and J. J. B. Hilliard & Son.
5-
50c
'4%
West
wells,
in-the
the
firm
a
engaged
Colorado,, and
located
are
whieh
(unsecured)
Stock
of
1312.
p.
one
4-15
62 V?c
(quar.)
preferred
30
;
$156,642
common
30c
—
common
convertible
stock
1955—2 Mos.—1954
$479,459
1
222,245
ry.
income
oper.
181,
of
••
30c
«
$1.12%
Wiiype Ppjnpj.Cq;^:
Weeden
ry.
of
3-18
30c
(quar.)
from
revenue
1955,
7-15
4-11
is
4-18
25c
(quar.)
Warper Bros. Pictures--....
Warren Bro$. Co^ common
(quar.)__
.:
5%
preferred ,(quar.
Washington Gas ^ight Co., common (quar.)
$4.25(
jpreferrqdi (quar.)_.___^
prefcrrefl
1
$4.50
*75c
Tlernan,
2
8-
4-20
35c
'Quarterly
$4,50.
5-
37% c
....
&
oil
and
gasoline
undeveloped
various
note
Net
March
$10,000,000
Kentucky Utilities Co.—Stock Offered—The company
offering to its common stockholders of record Mar. 12,
5
6-10
& Co., common
(quar.)
(Hiram) Gooderham & Worts, Ltd.—
Wallace
in
is
and
3-15
$1.25
Detinnlng, 7% pfd. (quar.)
Wabash
Railroad. 4V2% pfd.
(annual)
1955—Month—1954
$378,887
operations
25c
,
Vulcan
Walker
additional
14
*t
addition,
of.
reserves
proved
note
The
Net
30c
•
(quar.)
$1.25
pfd.
well
barrels,
commencing
ees'
3-18
$1.50
(quar.)
a..
6%
preferred
3%%
4-15
12 %c
(quar.)
Virginian Railway,
(par
the
130,540 barrels of proved
to
*This
Kansas, Oklahoma & Gulf Ry.—Earnings—
15c
preferred
drill
produces
In
Arkansas
company
Gross
on
of
2
$1.25
5%
closing
4-15
$1.25
(quar.)
Co.
&
Inc., managing underwriter,
subscription books on the
bonds.—V. 181, p. 1312.
the
Period End. Feb. 28—
United
preferred
in
proved
of
Net
5-
t75c
Utility Appliance Corp., $1 conV. pfd.
of
5-23
25c
Telephone (Kansas), 5% pfd. tquar.)
Universal Leaf Tobacco, com.
(quar.)
Upson Co. (quar.)
also
CAPITALIZATION
4,011,315
$1,566,606
opers.
stock
$6,821,114
3,945,341
,
650,738
ry.
inc
Stuart
6-10
$2.00
—
87'/2C
$6 pfd.
sale
price for oil ranged between $2.40 and $2Ji5 per barrol.
filed
1312.
p.
Alstyne, Noel
common
From Jan. 1—
Stockyards, com. (quar.)
conv. pid.
(quar.)
70c
the
Company
Louisiana
extraction
gas
certificates
1955—2 Mos.—1954
Kansas Gas & Electric Co.—Books Closed—
presence
United Stores Corp.,
the
ha<4
share.
per
to
prospective
It
According to
reserves;
The
Oil
February—
fr.
oper.
181,
mortgage;
Arkansas.
the
net
barrels
of
them.
leases
mated
D.
expenses—
rev.
ry.
—V.
for
C/fcTP-, Ltd.—
(s-a)
A
with
Teleregister
a
proxies indicating overwhelming ap¬
y2 of 1%
registering in the negative.
only
revenue.!^
oper.
Net
$1.12%
preferred '(quar.)—
Steel
%
The
general funds.
Montana,
in
interest.
3-21
oper.
its
leases
for
pany's
w
filed
Period End. Feb. 28—
4-15
from
Chase-Natl. Bank of the City of
p.- 1204-
Kansas
V
20c
Cq;{, 4% % pfd. (s-a)„
United
plant
common
•
7%
loeated
Common
•C",'
shareholders
the
181,
proceeds
related
a
to
acquiring
Paper
4
37'/2C
of
Offered—Van
price of $2.75
a
BUSINESS—Kin-Ark
the boards of directors
consent of
purpose
:
of
Watervliet
of
Special meetings of the respective share holders
March
action
this,-company
by
although • favorable proxies—were- received
majority of-such stock.
—1
3-21
June
U. S. Ulvwoodl^ com. (increased
quar.)
U.'S. Rubl)erfCo.t 8% 1st pfd. (quar.)
U. S. Sfnelting,
Refining & Mining, com
r- i:;
and
notes
addition
$0.68
Parchment Co.—Merger Off—
acquisition
'.
Net
$105
dividend
with
stock, together with
the proceeds of a loan of $300,000 from The Chase
National Bank of
New York, will be used by the company to
discharge outstanding bank
3,783.780
,V™_—
4-12
3-11
.
.
called
at
Co.—Stock
PROCEEDS—Net
2,829,000
•
Oil
cents) at
1,414,565
$67,618,000 $55,809,000
5,784,000
14,759,000
——_—- -—-——:
income...*—
on
(&
Corp.
UV,S. &;; International Securiites Corp.—
$5
10
producing
by
20c
on
'
application of
this
system
Link-Belt's Colmar, Pa., plant.
Authorized
cancelled.
proval
plus this dividend
operated
*'
cooperation
one
offering 500,000 shares of
are
developing
...
4-12
4-10
20%
$105 per share
_
common
has been
The
Corp.—
Securities
Inc.—Registers With SEC—
outstanding._->.__"_^______-___-
proposed
scheduled
75c
Corp.—
Entire (issue ojalled for redemption
30
$1.57
$7,410,000
Kalamazoo
4-15
y__w,—w————————————————————————
Foreign
'•
developed in
in cooperation
was
1441.
p.
1
Co.c,j class A——
B
738,841
$1.56
■
taxes
per
—V.
CO
1
$2.50
dividend
.
Foil,
Class
and
Kin-Ark
& Co.
•
5-
;
•
built
prices
4-5
.
15c
preferred
U.. S.
it
$1,163,407
746,871
$0.33
K.ilNet profit—
t37c
(quar.)
(resumed)—
_
before
4-15
(quar.)
-
Canal
1204.
of the twa companies.
(quar.)
been
,4M»#
87V2C
(quar.).
(quar.) —:
United Specialties Co.
(quar.)
V. S. Fidelity & Guaranty Co. (Bait.)
(quar.)
6%
v.
$1,167,815
738,841 .<
filed a registration statement
.1955, covering 50,000 shares of its capital
,.i
Aluminum
Common, shares
V-
......
United Shoe Machinery^ coin.
41
$244,094
jPrbvision for Federal income taxes-____.™«.--->
5-16! H v4».20
29c
,
&
133,386
«,
i
(quar.)
Co.
RR.
124,325
investment" company
p.-
sales
The
Corp.—
class A
Profit-Sharing
10%
*!!
Ltd.,
Tool,
(quar.)
United. Fruit
U .i
Stores
&
22,231
$336,519
v;M\ »:■>!:u-*,
,
profit
5-16' •Vvf4-"20;.":'
.
•1.12%.
preference
.
Corporations,
.
United
)
\\
1
• *•-'.
convertible
$1,296,793
Quartefs, Ended Feb. 28—
5 r ••3-25
America—
Cigar-Whelan
,$3.50
$1,292,140
March <22,
on
181,
Kaiser
:3-3r-
tlOc
tinted
r
4-
4-15
I3oc
rft) 1450 preferred (quar.V____
r
7'.
1
3-31'
>•
the SEC
.'
11-13
4-15
4-15!
87 %C
^
(Canada)
Biscuit
11-25v
-
5
York
New
8-I84
$1
92Vic
(quar;)_.
Union Oil Co. of Calif., $3.75 pfd, A.(entire
issue called for
redemption on April 8 at
$102.50 per share"plus this dividend)'-
' 7
This
stock.—V-.
25a
f
A
Arkansas,
8-25:
•1.12%
(uuar.)
Union Gas
pfd.
$266,325
Johnston Mutual Fund,
with
.....
—
in
Co., and the controls
prototype model
for
Corp.
$1,739,627
!
.
♦Excluding dividends on preferred stock retired through the issuance
of common stock.-—V. 181,' p. 546.
.
5-ie
40c
,
.
-:
(quar.)_
preferred
-—r——•—
$2,036,462
20,388
——
$0.45
4-
.
(quar.)—
£3.50
i'
-
Missourl-
preferred
stocks..
9,521,696
442,834
746,871
5-25.
$1.12%:
(qua ^
•
1 $1.75
(quar;)>.
preferred
$3.70
$356,907
9,741,841
744,322
shares outstanding
4-15
W-40C
___4_
pref.
7%
of
123,787
on
40 C
.
City Rapid Tnansit,; common (quat.9,—
t'dylite Corp. (quar.)^>^^
Electric Co.
$390,112
117,792
3-31
31 (4c
(quar.).
(quar.)____
Twin
Union
$ 174.699
Balance
-.v3-31
,
35c
$1.25
prior
Tobacco" Co.,
income
other deduc's
income
Com.
6-1-
5c
T'—
—r—
True
Tuekett
1,788,343
Inc.—
Universal: Insurance
Quarterly
Temper, "4%r%-
j <
v
1,835,482
Earnings por com. share
5-17
$1.06'A
.
jj
$2,178,455 $11,778,303 $11,261,323
taxes.
and
operating
etc.,
Net
1
4-28
(quar.)
Co.,
Net
Int.,
40c
-1,
$2,310,181
Link-Belt
of
claimed.
In addition to
reduced!
picking offers better and
more
efficient use of warehouse
Storage
breakage, returns, errors and similar
ware¬
more
equipment
conveyor
features
is
bulk
space,
"headaches."
The
1955—12 Mos.—1954
picking,", it
and
control,
reduction
and
space
housing
3-16
35c
17 %C
...
—
1955—2 Mos.—1954
revenues
exps.
"Divs.
(quar.)
14)
page
"order
personnel
inventory
8
IOC
(quar.)
Airways,
(quar.)
Products
Operating
8
2
(quar.)
(quar.)—
common
Caribbean
Transamerica
2
5-
30C
Minn,
for
5-13
5-
$1.21
(quar.)„
Treesweet
6-15
$1
l quar. )„„—
(quar.)—
A
1
Co.—
preferred
Class
Period End. Feb. 28—
4-15
$1.14
pid.
preferred
4,56 %
4-
2
5-
conventional
Co.—Earnings Rise—
*
Oper.
(quar.)
•
Co.,
4-15
(Continued from
Southern Utilities
Iowa
1
Pipeline Co.—
$4
Associated
Edison
%
4.25%
4-
$1
Insurance<'of
4 V*
3-14
4-11
20c
preferred''(quar.)
$4.84 preferred (quar.)—.
Thompson (H. I.) Fibre Glass
Water
4-28
(quar.)
(quar;)_I
<te
Light,
Invesfmenl News
4-28
4-15
(quar.)
The
accurate
5-16
Mfg.
&
this
need
5-16
Service, $4 pid.
Power
Toledo
■
(quar.)
$4.56
Tide
t
Cleveland)
Malleable
Common
.
1
25c
(quar.)
Illinois Natural
Texas
1
15c
——
Corp.
Tower
< !
f
!
I
capacity was Introduced in Colmar, Pa., on March
31 bv
engineering and building concern.
y
Kidde
Warehousing System provides for the
first
time the
advantages of "bulk picking" while retaining the desirable
Corporation and
4-20
20c
—
(s-a j
Aircraft
Terminal
9-
12-,
5-16
.
15c
—
preferred
Temco
1
1-1-56
50c
ii
<
1
equivalent
General
1
15c
A
1
6-
50c
class
Inc.,
Holders
Payable of Rec.
50c
(quar.)
Quarterly
Talon,
'
'
•
«. \ I
Nanie o/
fl
Monday, April 4, 1955
*
■
{
that
utilizes
labor, cost by 50%
with" conventional
electronically-
and
warehouse
warehousing
ot
The
•and
net
at
March
on
200,000
$1.50
per
proceeds
share
are
manufacture
working capital and
shares
to
24
of
filed
a
letter
common
of
10
Corp., New YoUL
used^ta,'.pay-Jong-termtJpap; -to develop
textile -^inspection *: ma<^u\e". ^ an<*U
general corporate purposbsr/ V
'
through. Aetna Securities
be
automatic
other
SEC—
with the
cents) to
notification
stock, (par
..
1955
Number 5417 ...The Commercial and Financial Chronicle
Volume 181
Net
$
Net
the
agister
the
$2,258,062
$2,049,439
782,397
947,704
762,101
432,416
470,606
357,407
The
of
all
or
4,293,650
4,514,781
4,254,683
field
1,957,997
1,656,005
1,842,537
1,652,301
of
980,996
863,189
875,840
"fj
1955
of
'"Frum
proceeds,
the
including
Of
individual
such
will
be
added
Missouri Public
the
of
these,
holdings,
or
listed
seller
1,204,632
holders
24
of
Percival
new
shares
is
as
329,174
the
in
the
of
,
resentation
block,
1954
.1953
Clinton
Co.
1952
3,158,886
5,308,353
5,219,160
$66,500
2,050,390
2,748,969
2,586,104
10
cash
and
with
years,
37,599,663
39,573,955
6,705,577
10,321,315
10,605,483
5,570,418
4,328,075
5,189,323
Part
VII
offers
of-the
which
first
payable
mortgage,
$12,000
of
the New
The
in
Charles
made
N:
Cohen
in
for
presiding
Brooklyn
the
Special
at
considef
will
1
^
*
directors
Two"new
-
added
were
to
the
board
Hospital of Fort Wayne
(Ind.)—Bonds Of¬
fered—B. C. Ziegler & Co., West Bend, Wis., on March 22
publicly offered $1>000,000 of first mortgage serial bonds
dated March 1, 1955, and due £emi-annually from Oct. 1,
1956, to and including April 1, 1975. The bonds bear
interest of 3% to 4%, according to maturity, and are'
priced at 100% and accrued interest.
,
aVi01% and accrued interest on or prior
1960; thereafter at 100% and accrued interest. They will
secured by property valued at $3,928,918 upon completion of new
.The bonds are redeemable
to
April
toe
net
'
.•
proceeds
the
from
for construction
touilding.
of
pay
sale
bonds
the
than
more
and
80%
Board
of
the
be
to
are
'
;.
to
used
-
4
'
,
shares
mon
that
are
stock
of
of
Tennessee
Jan.
Products
Chemical
&
and
Corp.
than
more
83%
The
stock
loss
or
Terms
all
in
the
to
of
been
would
have
S. Flopping
has
been
appointed
1078.
p.
Industrial
Relations
extended
Steel
&
Scott
of
15;
Cone-Drive
available
M and M Wood Working
Cessation of lease
as
result
a
Co.
last
these
Power
of
Shovel
Through
the
acquired
year
Eureka
President,
Mr.
for
(Calif.)
March
on
which-the
tract
previous log purchase agreements between this
plywood
San
plywood division,
25.
plant
stands and
said
the
Hammond
a
of
will
•operating profits of the plywood mill.—V.
the
at
for¬
acres
vertical.
latter's
the
They
of
'Total
Dec.
interest
94%
p.
*
,
Midland Valley
from
from
Net
ry.
1954
for
Fed.
taxes
income
1953
4,992,626
3,715,355
„_
_—:
2,000,000
*3,300,000
$1,715,355
.
dividends
Earnings
share
539,328
$3.18
—
•"Including excess profits tax of $690,000.—V. 170,
Maine Central
Net
'
,
1955—Month—1954
ry.
Railway
oper.
expenses
1,554,854
1,624,093
3,130,591
from
ry.
181,
$450,829
$942,939
the
motors(since
standard
accommodate
C-type
NEMA
directors
The
is
plan
157,857
366,862
28
proposed
to
submitted
be
The
$155,085
51,387
39,016
15,239
18,032
13,077
three-for-two
a
stockholders
at
the
stock
annual
split.
meeting
May 10.
It calls for reclassification of the authorized 500,000 shares
$10
common
376,500
shares
^additional
'the
of
of
share
Maine
P.
S.
for
into 500,000 shares of $7
outstanding 251,000 shares of
stock
the
$7
Each
par.
each
two
Commission
held
will
stockholder
common
on
also
the
be
effective
value
par
$10
will
date.
required.—V.
303,191
$148,238
325.775
320,013
69,631
91,873
...
income
181,
2,053
310,867
78,619
47,660
25,857
w
19,586
♦95
1079.
p.
net
proceeds are
a
Approval of
181, p.
547^
and
a
be
to
St. Louis, Mo.—Regis¬
1
•
part
for
•used
for
the
—V.
179,
p.
...
this
operation.
construction
have
first
to
See
Any
of
the
from
euxenite
proceeds
modernization
or
W-555
First
1373.
p.
of
not
other
so
:
The
concentrates
plant
Co.—Exchange Offer Extended
below.—V. 181, p. 1313.
on
Securities and Exchange Commission—
statement with the
cents par. -Of
this amount, 329,174
to be offered
for sale by certain
selling stockholders, while the remaining 400,000
shares are being sold by the Issuing company. The public offering
price is $4 per share, with a 50 cents per share underwriting com¬
mission. First California Co. and William R, Staats & Co. are named
as
the
on
729,174
principal
company
redemption
Bank
bonds
Building,
102Vi%
Trust
Saint
1,
June
on
at
First
the
at
Paul
1,
$12,000
1955
and
Co.
in¬
Paul,
accrued
of
Saint
Minn.—V.
179,
shares of its common stock, 10
shares represent outstanding stock
underwriters.
expects
.324,861
392,939
21,158
41,469
421,657
; •«'> 5701
105,427
99,982
77,935
,.
for
will
redemption
due
be
111.—V.
May
made
181,
May
on
1,
1958
The
at
1,
1955
100%
at
First
accrued
National
Bank''of
548.
p.
mortgage on drilling
equipment in the amount
P
$601,00a of
and
Lode
'
'
t
Uranium
Co.
Stock
—
Offered
,
M.i0C.
—
Associates, Salt Lake City, Utah|, on Febi&2
publicly 10,000,000 shares of common stock at par
share).
per
.'in
n: a-sq
.•"•••in
proceeds
tion costs—V.
The
to pay
development
for
748.
p.
..»'
•
•.
National
;
be used
to
are
181,
fJte.noqR
u
s?1/l •'jiM
\
Aviation
Corp.—Offering
.
and explora¬
K
Oversubscribed—
offering of 111,618 shares of capital stock, Wfiibh wa3
$3Q pqr share,
oversubscribed. See details in V. 181, p. 1205. -
made to stockholders of record March 10 at
The
iU !;$'■)«
q
'-••••
.
Inc.—May Do Some Financing Tfi;s' Year
on
March
29
voted
to
increase''mfe'^avthorized
the company from 300,000 shares to
•loQ.'bOO shares
stockholders
stock
common
of
"
(par $1).
Joseph
H.
Quick,
'additional
will
be
does
stated
that
a'"T
' v
aii|tiirfr)Satlon of
trial su'cffj' shares
while
the
not
necessarily mean
issued, it is contemplated that some financing
during 1955
agement's
to provide
current
260,100
at
the
capital in
the
of
''
All
present
but
all
and
of
the
~
'comingyear.—
the
•
n-'
.
Bristol, Pa.,
weeks.
To
total
a
containers
food
of
supplied
were
'Seaboard'
by
Con¬
of National Container
Corp,,, in a record
nefedy families of three continents^ Th(s
division
a
rush
""!l
:
Cont^ct^r1
Corp.—Completes
Approximately 6,000,000
r
vbferi'in'favor'of
shares
:
National Container
78.6%
vflftkl' iV.'favor of
shares
for
r
^rfes'br
204,086
915
management
2399.
p.
.wUl.'ri'e arranged
•witn;'£Ke man¬
;!; r.
connectioh
shares outstanding,
meeting.
authorization,
continuation
180,
additional
expansion program.
common
represented
increased
the
President,
shares
for
13,500,000
feet
square
of
Export Packaging Co., Inc., Philadelphia, Penn.,
181, p. 1441.
boprd.
paper,
Quaker
(
responsible for the
was
overall job—V.
The company has called for
redemption on May l, 1955
$34,000
principal amount of first mortgage 4%% bonds due March 1; 1973.
Payment, at. 102,25%
of the principal amount plus-accrued
interest
to the redemption date, will be made at the
office of Guaranty Trust
Co.
of
New
the
Corp.—Earnings at Record High—/
SEC
outlook for this corporation for the fiscal year to
company's history, John M. Fox, President, has
best in the
"
-
the
both
Minute
and
Maid
company
Snow
is planning to launch in the near future are a concentrated
malted milk
and
frozen fruit cocktail.—V.
a
be
corporation
to
lor
From
,
v.")
.
$600,000
Commission
has
issued
National
order
an
SEC
be
11
filed
letter
a
of
notification
giving
Bank of St. Louis; and the
interested persons until April
to
working
National
capital.—V.
will
nance
The
178,
-fpa «»>•.' » .t••:•>•?•)
388.
p.
Corp., New York—Re£lst£i^ With
Exchange Commission—
,Y
March
on
500,000
filed
29
additional
registration statement with' the
of
capital- stock<»*-V.
179,
a
shares
.
.
use
American
issued"
which
Illinois RR.—Earnings—
from
Net
from
Net
ry.
1954
1953
of
1952
$399,338
Net
from
$403,261
156,935
140,929
62,230
936.988
816,482
313,474
114,416
373,690
270,309
SEC
Net
ry.
—V.
oper.
191,748
75,583
166,673
147,211
offered
181,
and
„
income—
railroad
all-steel
has
70-ton
orders for
placed
gondola
cars
for
four diesel
delivery
The
diesel
The
Motors
Corp.
Electro-Motive
spring,
from
corporation
at
V.
Gross
from
Net
from
Net
ry.
railway
railway__
oper.
income...
Gross
from
Net
from
Net
ry.
—V.
railway
railway.
oper.
181,
p.
income—
1205.
cents
St.,
per
New
for exploration
Radiator
Orleans
&
filed
of
share
York,
and
18
shares
Y.
from
Steel
Co.
dnd
$4
tjiie .issuance
fb^'each two
1811
Corp.—V.
548
pp.
1
•()'••.t'l
The
development
of
stock
net
the
for
10
proceeds
RR.-
cents)
are
the
be
to
Securities >€brp.,
226
td>lb8!:used
costs.
Northeastern
SEC—
notification'with
(par
Chippewa
Wltfi
;•!:..•■■'•
to
i;)'it»iu
-Earnings-^' "
•
1
from
Net
from
ry.
1955
railway
1954
1953
"
1952
$863,834
$964,708
421,519
$1,014,075
476,482
$949,217
327,209
139,695
165,560
175,299
50,740
1,641,674
1,959,950
2,066,123
1,765,877
491.909
857,693
927.495
191,988
railway
Income—
oper.
327,147
319,464
221,467
From Jan. 1—
Gross
from
ry.
railway
railway—
from
Net
—V.
1953
letter
a
common
through
N.
February—
Gross
Net
Bethlehem
1954
March
»
ordered
RR.—Earnings—
1955
on
1,175,000
25
46th
Net
February—
Co.,
corporation
merged
and
Donald
Division.
have been ordered
delivery in May.—V. 181, p. 1205.
gondola .cars
Missouri Pacific
States
Radiator
Radnor Corp.
$l,lipar common
each * present
for
exchange
"
covering
New
locomotive units
this
President, announced on March 17.
units, of 1,750 horsepower, have been
Fraser,
General
the
merger'kWeqment
a
States
of neW
1314.
West
Missouri-Kansas-Texas RR.—Places Orders—
This
in
National
of
shares
If
pay
25
1%
Nevada-Utah Uranium & Oil Corp.—Files
1213.
p.
The
share
United
of
of
of
with
United
and
admltteY% "when
this corttdf-atioh.. \ '
83,020
670,474
issuance
29
stock
accordance
Co.
corporation
of
common
shares
common
$443,332
33,314
20,540
merged
March
on
common
in
i'lU r>
wixe'iu
Corp.—Listing of Stock—1
par
Radiator
the
share
new
831.893
railway
railway
the
$1
new
ijij;*•"•*
-i».•,{*•!
;
w
.
Exchange
issuable
are
National
common
one
$316,750
From Jan. 1—
from
of
73,541
income...
shares
the
provides for
136,527
railway
railway
oper.
par
1955
Stock
dealings the
These
between
shares
Gross
■
?
the
Investors
National-U. S. Radiator
request a hearing
to
company
••With
by
offering price of $58 per share, ticcbrdirife to term
the company to contribute the balance. Thb proceeds are to
added
Securities and
authorization to borrow
for
'
oper.
181,
p.
Income
1314.
i
399,137
81,483
•I*.
1952
$16,060,879 $17,070,430 $18,922,643 $19,469,399
3,411,160
3,164,802
4,113,608
4.582,746
1,727,529
1,271,329
2,200,137
34,215,650
38,680,355
New
York
Central
2,208,010
32,759,488
Period End. Feb. 28—
6,924,058
6,091.972
7,894,770
3,521,236
2,424,536
4,185,806
4,792,473
RR.—Earnings—
1955—Month—1954
$
Ry. oper.
39,613,751
9,425,468
S'i
tl
two-thirds of the
of service,
covering
p.-1724.
thereon. According to the application,
the iunds, together with treasury cash, to fi¬
its construction program.—V. 130, p. 536.'
1955,
11,
the
to the
Boatman's
The
from
applied
has
company
lh
•
B common stock -(pat SO'Bents) to
employees of company and bf'; its,sub¬
Acceptance Corp., at a price Of froittt!one-half
National Homes
The corporation
Banks—
M&rch
>
This
•
•tfcm./.T .0..
shares of class
subscription
SEC
Edison Co.—To Borrow
Missouri
442.
p.
.
on
covering 2,600
offered
sidiary,
1205.
181, p.
180,
•••,'.
•
•
for
volumes
York—V.
'..''••'
National Homes Corp., Lafayette, Ind.—Fites With SEC
From Jan. 1—
to
of
purchase money chattel
38,546
Px-;'
*
•
Leonard and
.
March 24 filed a registration
receive approximately $1,350,000 from its
400,000 shares, after deduction of underwriting discounts and
estimated expenses. Approximately $657,000 of this sum will be used
for payment of a bank loan of $273,000 and a note secured by the
The
sale
for
made
Crop divisions
were running well ahead of expectations and should exceed $100,000,000
for the current fiscal year, he said.
Mr. Fox told the directors
that among the new products that the
The
corporation
176,
facilities.
McRae Oil & Gas Corp., Denver, Colo.—Registers With
covering
V.
used will be
March 29 announced that ther are
too
none contemplated
for merging Maxson
-into any other company; and that the directors at their March meet¬
ing, voted unanimously not to entertain any future proposals 'to
merge
the
company
into
any
other
organization.
Future growth
prospects, resulting from present and projected engineering develop¬
ments, as well as suitable acquisitions by the company, make this
the only sound decision for the employees, engineers and shareowners
of The W. L. Maxsori
Corp. it was stated.—V. 181, p. 961.
This
and
1405
p.
■
earnings
is
date
Maxson Corp.—Denies Merger Rumors—
Leander, President,
pending negotiations and
SEC
"•/;
,
Missouri
A.
Payment
represented
174,
Ry.—Partial Redemption—
coupon
be
National
Minute Maid
Gross
H.
3%%
will
February—
Shovel
called
debentures
Chicago,
Mother
The
v,
Merritt-Chapman & Scott Corp.
(W. L.)
interest.
incident to oil
expenses
pay
below.—-V.
Inc.
called
been
mortgage
Payment
1481.
.fl
Marion Power
,
values
developed in the company's research laboratories, and
(estimated
at
approximately $500,000)
for working capital
process
Required
&
uranium
'
43,600
1313
.p
been
3%
year
Chicago,
letter of notification with the SEC
used
'
V? 5,326
1162.
announced.
corporation
and
181,
have
15
tainer,
Industries,
terest.
one
on
March 29 filed a registration statement with
covering 40,000 shares of cumulative preferred stock, seriw C
<$50 par—convertible), to be.offered for public sale through an tinder'writing group headed by Newhard, Cook & Co. The dividend rate, con¬
version rate, public offering price and underwriting terms are to be
'supplied by amendment. .
Net proceeds are to be used in part (estimated to be approximately
.$1,000,000) for the construction of a plant required to extract the
in
64,523
1952
$.203,662
(John) Morrell & Co.—Partial Redemption—
There
and
•the SEC
•by
49,573
; ••
•v
National Gas & Oil Corp.—Partial
Redemption—
into
par
receive
ters With Securities and Exchange Commission—
•columbium-Taltalum
30,218
251,158
22,153
Deficit.—V.
were
March 17 filed
i
i
18,137
-
>'
,
income
oper.
the
railway
Texas
Sales
Mallinckrodt Chemical Works,
This
*
♦5,935
,
activities.
gas
959
of
•of
reclassification
other
$184,118
;
$164,492
•
4,324
Minnesota Transfer
•on
par
for
National Co.,
338,557
March
on
to
ry.
1952
1953
1954
28,663
railway
oper.
There
The
The: net
and
1953
472
railway—,
railway
from
was
$142,413
1954
$146,966
10,680
-
income__
oper.
Net
$913,889
181,473
Service Co.—Plans Stock Split—
Maine Public
!
without
or
or
Mineral Products Co.—Acquired—
1204.
p.
payable
•
$124,106
from
Net
V.
pp.
$489,748
income
2575.
p.
,
the
and
under
over,
worm
Millsap Oil & Gas Co., Siloam Springs, Ark.—Files—
3,303,748
—V.
-I
;
^
income—.
The company on
See
&
with
shaft
extended
with
models
$4,217,637
oper.
ry.
railway—
From Jan. 1—
six
$4,073,530
revenue
underwriting.
accounts
178,
.
railway——
Of the
and
$2,074:922
ry.
Net
Gross
RR.—Earnings—
railway
Deficit.—-V.
Del.
^
$2,044,602'
operations
reduce
to
.
1955—2 Mos—1954
revenue-
Net
from
covering 599,200 shares of common stock (par 10 cents) to be offered
at
50
cents per share through Dewitt Investment Co.,
Wilmington,
oper.
Net
used
1955
from
Net
•the
$3.13
.
Railway
I
ordered
railway
from
Net
539,328
u
1600.
p.
RR.—Earnings—
Period End. Feb. 28—
principal .amduijt,.. without
be
•
512,362
outstanding
common
per
„
paid
shares
•Common
;
with
RR.—Earnings—
(two cents
$1,692,626
539,328
profit
•Cash
f--
this
standard
1955
oper.
from
Gross
*
Net
to
February
Gross
-
speed -reducers are now
company's Cone-Drive Gears
gear
From Jan. 1—
$44,684,518 $38,822,184
._
taxes
Y.—
notification
of
"
—
income
before
Prov.
■h
be
February—
Gross
letter
a
.
offered
'
Profit
Sr.:
from
both
mounted
bell-housing adapter will
flanged motors.—V. 181, p. 863.
in
181, p. 547.
31—
income
units
includes
shaft
can
their
Montour
Merritt-
shares,
greater than
1313.
a
181,
worm
motor
Net
Ended
of
are
.
con¬
participate
(R. C.) Mahon Co.—Earnings—
Year
line
filed
18
sub¬
on
the same time.
lnoger
no
16
long-term
new
announced
was
company
affecting the
announced by Clay Brown,
Hammond
signing of
supplying logs to the plant,
Brown
Francisco,
was
from
Purchase
motorized
The
introduced
recently
817.
>
;
March
on
corporate purposes.—V.
•
the
exchanges.
and
Co.
exchange
an
companies.—V.
double-enveloping
as
Division.
Co.—Acquisition—
and Hammond Lumber Co.,
•company
mer's
and
'
The net
-
180,.p.
«
Merritt-Chapman & Scott exchange offers also
April 15 for remaining shareholders of
Marlon
Osgood
three
April
through
Corp.,
The
beyond
Michigan Tool Co.—Introduces New Line—■
Manager.
100%
proceeds
the
shareholders
concurrent
to
covering $175,000 of convertible three-year notes to be offered
general
that it was the opinion of counsel that,
laws, deposit of more than 80% of each
effect of there being no recognizable
applicable Federal tax
of
extended
be
prospectus pointed out
under
class
gain
cannot
Air.
181,
at
the
offers
board.—V.
Machines Corp., Brooklyn, N.
,
April
27,-. the
<.i"
■
-»•)-,
Shipbuilding Corp.
Merritt-Chapman & Scott offers have been extended
15, 1955, to provide a final opportunity for acceptance
by those shareholders who have not yet deposited their stock. The
M-C&S
offers had
been
scheduled to expire March
28. Under the
terms
of
the prospectus under which
they initially were made last
of
i
points out that it>does not seek
management-picked
Business
corporation
the SEC
stock
York
New
Terms
through
Exchange.
the
deposited.
.
Chapman
The, board of directors has elected Robert F. Wiley a Vice-President.
Wiley, who has been associated with the corporation since 1946,
will be in charge of manufacturing.
,
'•
class* A
outstanding
More than 80%
of Devoe & Raynolds class B common shares pre¬
viously had been deposited for exchange.
\
"
Concurrent
Merritt-Chapman & Scott exchange offers have been
accepted to
date by holders
representing more than 92%
of
the
sidiary,
Lynch Corp.—Officials Promoted—
John
of
presently
The
*
Newport
—V.
Stock
Files With SEC—
30
March
on
Devoe & Raynolds Co., Inc., has now been
tendered in response
Merritt-Chapman & Scott's exchange offer, and M-C&S conse¬
quently will accept all shares of Devoe's class A and class B com¬
have
1
Chairman,
to
5-story addition to the present hospital
new
a
of
that
President
of
1,
.construction."
The
Wolfson,
announced
company at the
^nnftSf stockholders' meeting. They are Paul W. Christensen, President
Cincinnati -Gear Co.; and Richard E. LeBlond, President of R. K.
LeBlond Mfibftine Tool Co.
'• i
/" "Y-
Lutheran
E.
"
this
of
;~<of
•:
the
on
Merritt-Chapman & Scott Corp.—Extends Offers—;
Louis
*
before
holder
property.
1204.
181, P-
York
Mohawk
*~'Lunkenheimer -& Co.—Two New Directors—
directors
of
heard
management—which owns 40% of the outstand¬
ing shares—or change the operating status of the company, but wants
representation for the eastern public share holdings in the company
Term,
better
any
board
Jackson-Boutelle-Fries group
disturb control
annum
per
'
,
be
by
and amortization
Supreme Court
may
5,282,325
$390,000
4%
the
on
In addition to Mr.
Jackson, whose address is 68 William Street, New
York
5, N. Y., the group has nominated as directors Franklin: B.
Boutelle, partner in the New York Stock Exchange firm of Vilas &
Hickey, and Mills M. Fries, associate of G. C. Haas & Co., members of
York,
of
of
at
quarterly.
April 5, Justice
On
33,571,857
9,055,975
New
offer
balance
interest
payable
32,752,220
of
purchase
Committee—-
a group of the company's com¬
seeking the support of other common share¬
are
public ownership can be
policy.
Mr. Jackson,
a
159,531
held.
Trust
a
Co.—Protective
director heads
a
so
that the.yoices of the 60%
management {makes decisions of
individually and as: trustee of 4,500
shares of the company's stock, heads a
group holding and representing
approximately 100,000 of the 527,865 common shares outstanding.
Win-
aggregate.
largest
Jackson,
in electing three members to the ll-man board at the annual
meeting to be held on April 12, lor the sole purpose of obtaining rep¬
part
a
E.
shareholders who
53
holders
outstanding
selling
are
Service
the
as
purposes
acquisition
the
mon
holders
52
common.
$693,000,
for
used
and
as trustee,
announces that it
$456,500, net of brokerage, for the
Medical Arts
Building (a 13-story office and professional building)
at 142-144 Joralenion
St., Brooklyn, N. Y. The offer would be payable
Jan. 1—
Net: from railway——
.Net ry. oper. : income.*—
—-V.
Oil
Foundation
received
2,738,516
Groi*«from-, railway
'i
their
319,061
4,481,489
income—
: ~ ::;'r •
Net ry., oper.
lists
McRae
Baird
has
$16,081,468 $16,235,963 $18,538,137 $19,324,147
railway
railway
from
from
Net
the
of
funds
may
Medical Arts Building, Brooklyn, N. Y.—Proposed Sale
February—
Gross
general
723,360
income—
Louisville & Nashville RR.—Earnings—
j
remainder
directors
prospectus
shares
The
■i
The
company's
of
determine,
properties and the drilling of wells.
1078.
181, 'p.
__V.
$384,000.
board
4,337,388
railway
railway—
Net ry.;oper.
has
464,028
from
from
Net
$2,111,018
1952
1—
From Jan.
Gross
h
1953
920,744
railway
from railway
ry. bper. income—
"
'
1954
$2,085,851
from
Gross
-Earnings—
1955
of
to
Louisiana & Arkansas Ry.
February—
(1601)
Ry.
oper.
Net
Net
rev.
ry.
expenses
55,766,988
44,451,989
fr.
11,314,999
revenue
oper.
ry.
inc
opers.
4,383,592
$
,
1955—2
J
MoS.^—1954
$
Y
S
57,154,473 114,332,505 115,132,764
49,658,120
91,010,535 102,376,943
7,496,353
1,005,686
23,321,970
12,755,819
9.384,962
138,553
'j
-
jj
Lfm.
"*nir
54
The Commercial and Financial Chronicle...
(1602)
Monday, April 4, 1955
'V.'
Orders
The
New
New
Hartford
RR.
New York Susquehanna & Western
Trains—
Central
York
each
announced
the
and
System
March
on
York,
New
been
have
orders
that
25
Haven &
New
signed for revolutionary low-center of gravity passenger trains weighing
and costing
about a third as much as present so-called lightweight
Net
from
Net
ry.
equipment.
v ■■
Both
trains
scheduled for
are
the second quarter of 1956.
delivery in
the Pullman-Standard
Car Manufacturing Co. of Chicago, 111., and the locomotives by the
Baldwin-Lima-Hamilton Corp. of Philadelphia, Pa.
Robert R.
the trains will be manufactured by
becomes available.
will be tested
for
diesel
New
Haven
Central
locomotive
will
railroad
Net
announced
1952'
Net
ry.
—V.
take
first" of
the
97,109
85,154
114.127
19,968
15,032
53,780
1,031,204
872,859
879,760
899,275
311,921
160,851
178,254
199,270
;s
due
105,470
2,831
31,733
75,336
et.
proi
delivering its
be
(no
has
par)
offering
public
275,000
of
withdrawn.—V.
been
181,
shares
of
413.
p.
penetrates
/
each
for
the
New
turn the train.—V.
be
provided by locomotives at
to operate in either direction without having to
enabling it
end,
will
train
Haven
181, p. 1079.
of
filed
was
the SEC
March
on
23
covering
share
common
the
(par
to
$1)
stockholders.—V.
selling
offered" at
be
179,
$30.50
New York,
St. Louis RR.—Earnings—
1955—Month—1954
Railway
oper.
revenue.
Railway
oper.
expenses
Net
lt:
9
See
;
Net
ry.
$6.05
The Nickel
to
i.' ■'
shareholders
'
per
'))
•.$
m-
in
carried
L.
1954,
the
practically 10% of operating revenues
White, Chairman of the Board, told
L.
income
of
company's
in
share
common
Net
4
in
issued
road last
annual
report,
March
on
depreciation and retirement charges of
$6,099,000 and new capital of $6,561,000 produced $27,121,000, Mr.
White
told
shareholders.
Expenditures included $8,182,000 for im¬
provements and new equipment, $§,291,000 for debt payments, $2,789,000 for reacquisition of preferred stock and $8,263,000 for divi¬
dends on preferred and common stock. New capital of $1,010,000 was
held in reserve at the year-end to be applied on the purchase of 150
box
and
$908,000.
expenditures,
transactions,
addition
the
net
to
the
by
increased
working
schedules
for
1955
for
call
capital
expenditures
$11,318,000,
amount
the report said.
Sinking fund and debt payments will
$7,463,000.
Available toward these requirements, totaling
to
income—
oper.
Net
from
Net
ry.
provided
from
financial
A
reduce,
"was
transaction
after
stock,
Mr.
April
1,
retired,
completed
All
this
this
year
of
Nickel
of
6%
Plate's
cumulative
$36,000,000 of
substantially
will
common
preferred
Federal
Gross
was
from
ry.
whereas
the
preferred
Gross
Mr. White said.
"Based on present tax rates,
saving will, during the 35-year life of the debentures,
cents per share of common stock before allowing for the
sinking fund and 25 cents per share after sinking fund."
The sinking fund is designed to retire all of the
debentures within
75
the
35r^ear life, eliminating a substantial claim
stjock, after which the annual saving will
mon
share of
ptr
The
that
and
board
July,
studies
reported
being
are
road
has
to
date
in
of
business
1954,
New
and
than
year
oper.
oper.
expenses
from
revenue
—V. 181, p.
com¬
98
cents
since
service,
that
time,
from
Net
ry.
—V.
with
the
whole
a
be
better
a
$4,193,293
1,293,481
583,208
$4,330,686
Gross
from
1954
$476,071
*50,108
*5,541
*154,509
railway
Net ry. oper. income
Co
U
*101,116
1953
1952
43,175
*39,251
*44,715
From Jan. 1—
VI
Gross from
A A
Net
i- 'it
Net ry.
U
;}
from
860,155
income
oper.
\'Deficit.—V.
181,
964,162
1,060,336
*124,323
*48,764
93,530
*335,530
*257,127"
1,103,870
income—
3,882,519
2,067,129
2,968,875
*94,946
*92,'374
Merritt-Chapman
Scott
&
Corp.
above.—V.
181,
p.
Although
vious
reduced
Plans
year.
"Hurricane
snar®>
by storm damage in 1954, exceeded those of
pre¬
raise $21,500,000
through sale of new securities
to
Hazel,"
which
struck
New
York
the
for
considered satisfactory.
Net income,
charges and before preferred dividends was
$9,382,952 as
pared to $9,053,537 for 1953.
Earnings applicable to the
year
were
after
fixed
$2.58
were
on
the
share,
a
The
an
number
same
Operating
1953.
S ni? He Hi
^ had
Norelco
announced
revenues
year
farm
For
the
was
increase
of
shares
of
of
four
a
share
outstanding at the
$72,842,100
marked
cents
about
were
by continued
over
end
7%
growth
customers
first
time
and
since
sales
1946,
of
gas
industrial
to
house
electric
clined
in
of
1953
both
higher
based
years
than
number
heating
revenues,
3%, were lower than the preceding year.
Expenditures for construction in 1954 were
$29,700,000.
new electric
generating facilities were placed in service
no
year,
near
for
of
for
cus¬
i'
y
Hi
stock
'
and
improvements
schedule
in
ml
2.
u
provided $25,358,000 of new
money in 1954. These
through the sale of 50,000 shares of 4.15%
preferred
1954, and $20,000,000 principal amount of
3Vb% first
raised
April,
1984 in May.
Security holders have
of new money in the company
states that the management
since
1949
currently
invested
over
alone,
plans
to
raise
about $21,500,000
through the sale of securities in 1955.—V.
181, p. 1314.
»
> -
*
♦!*>
i;
1,
the
private
saie
01
$1,^0
possible.
rued ir
made
Over
to
increase
to
$1,000,000
will
be
spent
on
Potsdam
to
effect
of
1
has called for redemption
outstanding capital debentures, 4V2%
per;^-
interest.
629
Immediate
South
Spring
public sale through
perial
detects
elements
wide,
of
units,
inches
60
cabinet
two
high
inches
22
Manager jjirice
approximate
high
turers
versior
| Phoer
$
The
weight
in
analysis
assembly
in
cabinet
a
series due
payment
Street,
April
on
will
Los
be
22,
1973
1955
at
be
all
of
104.50%
and
Pittst
made at the California
Calif.—V.' 181, p. 1314
Angeles,
3eriod I
oper.
oper.
30
80
equipment
X-radiation
is
shielded
adequately
hazards.—V.
North American
at
protect
personnel
Oil
&
Co.
&
at
$2
share
per
has
a
notification
of
the
the
shares of
market
account
filed
was
The
with- the
stock
common
SEC
(par five
on
This
operating
1953
was
terminated
total,
effect
This
cents)
be
government
The
SEC
of
.
5%
net
pointed
worth
out
that
of
at
the
end
181,
had
ton
miles
offered
were
the
at
the
to
of
the
end
end
of
the
was
stock.
which
--
surplus
$4,289,919
.
was
at
the
„
Official Films, Inc.—New Director Elected—
Seymour
Reed,
Treasurer,
has
been
by Harold L. Hackett, President
Michael
Nidorf
poration.—V.
has
178,
p.
resigned
1820.
as
elected
a
director.
It'Is'""
an¬
Year
and
employee of the
Prov.
'
Ended
for
the "year
each
dollar
$59,109,522,
for
of
to $17,519,101,
equal to $3.02
the
shares
end
of
taxes
amounted
operating
Consolidated
net
gain
of
on
the
dropped 2.2%. The decline, from
principally to lower generating
T-rTt^:
$26,992,749, equivalent to 24.6c of
year,
after
preferred
stock
dividends
and
5.4% over the previous year.
Earnings were
5,806,136 shares of common stock outstanding
compared
outstanding at the end of
with
$3.15
a
share
on
5,278,306
1953.
sponsored
the
Power
The
are
organization
generating units—one In
January.
Madison,
two
the
t
From Jf
fro
ross
t
from
t
ry.
V.
(
181,
^
of
notification
p
with
00,000,0
Marc!
he new
the
}
and 2,500 shares &
be offered at par,
used
facilities
and
| ^mess
to
I
for
pay
icretary
f^al Expc
furnish-
for
.
Jaquith,
be
used
Stock
Offered
Denver,
Colo.,
—
Inc.,
share) "as
will
Dec.
of
This
—
act
on
stock at
common
co
by
ium pro
lilk
speculation."
mod
to
pay
as
exploration
for
drilling
and
nine-
:alks, sit
1205.
p.
term*
A
a
31—
;
This
c
1954
taxes
income
taxes__
3,621,034
3,517,853
$2,169,584
738,000
738,000
$4.47
.
Plom
5,679,306 »
3,545,123
5,687,437
$2.94
Year Ei
sale:
p.
outstanding
share
common
$2,134,183 $mmm
f»
738,000
iroy<
Net
r
*
_
company on March 25 filed a registration statement with the
covering 158,203 shares of its no par common stock, to be offered
for subscription by stockholders of record
April 15, 1955, at the rate
of one
additional shares
for
each
five
shares then held;
rights to
expire on May 2. Officers and employees will be entitled to purchase
unsubscribed
shares.
The subscription price
anij underwriting terms
are
to be suppield by amendment.
Morgan Stanley & Co. and Cogges1
_
4
r-
r»
_
•«
«
SEC
Hicks
&
Net
will
be
named
are
will
proceeds
used
be
to
of
the
as
added
defray
The
program.
i
.
to
part
1955
i
principal
the
I-
-
;arningS
_y
P I
_
approximately $16,200,000.—V.
181,
p.
A. R. i
^ lharles
Mr. Jo
L»f Harris
titter
G'erstnecker,
Treasurer,
iicaouici,
effective
April
ciiwLUivc
announced.
P.
ministration
D.
of
formerly
xxjji ii
Fox,
1,
Assistant
Poly]
UaVlUL
David
x,
Treasurer
C.
the
has been electee ^ ;topT_ /
Vice-President-Finance, ^
V
coiucuv * 141
^
i
* •v
Bevan in ad* r jeipnia
financial affairs as Assistant
4 per
^
Treasurer,
JjcVd/U,
Bevan,
v>»
since
1947,
company's over-all
Vice-President-Finance.—V. 181, p. 1205.
Iptock (
.
.
.
R.
Li|
hants
ex¬
contemplates
750.
Pennsylvania RR.—New Treasurer Elected—
W.
Ij
:^|
the
company's con¬
the
of
budget
xOCaJ
g
company ^•ssociatid
of
funds
cost
construction
f
v
underwriters.
general
the
of
i
pi
;..*ommcn
tommon
SEC—
.
The
_
be
for
$2.89
1877.
Peninsular Telephone Co.—Registers With
b
'v
mx-<
and 1
g
1952
1953
6,920,797
$3,299,763
capital shares
180,
its bus
$48,540,105 $46,802,238 $46,754,003
income
per
.
.
joins Mr.
PROCI
of
each
two
of
OVEC
power
plants—one at
Indiana—are expected to
of 1956.—V. 181, p. 49.
Pepsi-Cola Co.—Reports Increased Earnings—
Continued
the
and
15
electric
IKEC.
plant—were
Two
placed
utilities
of
in
the
that
eleven
service
in
Cheshire, Ohio, and the other at
be in full operation in the spring
J ^busin
in
sales
are
disclosed
in
the
annual report
resulting in earnings of about $1.07 a share on th®
of
outstanding common stock, compared to aboui
increases
jj 3any wil
^
of
this
company,
5,813,155
95
Corp.
to supply all of the electric energy requirements of the Atomic
Commission's
project near Portsmouth, Ohio.
Ohio Edison
Pennsylvania
with
(par $1)
Tex.
profit
Earnings
amounted
Construction is
ahead
of
schedule, Mr. Sammis reported, on the
two power plants being built on the Ohio River
by Ohio Valley Electric
Corp.
(OVEC)
and its subsidiary,
Indiana-Kentucky Electric
(IKE'C)
Energy
stock
working capital.—V. 181,
Federal
for
penditures
due
to
notification
ry.
revenue.
income
share
a
a
was
letter
a
recreational
^
—V.
and
Co.—System Revenues Up in 1954—
expenses
to
for
before
Net
cor¬
Consolidated operating revenue of this
company and its subsidiary,
Pennsylvania Power Co., for 1954 totaled $109,513,428, a
gain of
slightly less than 1% over the $108,551,396 received in
1953, Walter
H, Sammis, President said in the annual report to stockholders.
Operating
filed
common
5,990,000 shares
per
proceeds
and
struction
Ohio Edison
16
and
&
offered
sales
Profit
hall
.
director
a
of
from
t
Dlystyrei
This
$15,359,827,
Earned
with
fro
t
SEC—-
With
$26,829,107,
common
1953,* of
compared
414.
p.
1954
of
Februar
v:.
ill Pittst
Inc., Scottsdale, Ariz. »This cc
Club,
Co., Dallas,
Kirchner
for
time-Since
"Stock.
common
year,
clubhouse
Mining
net
Common
first
Pittst
estimated
Penick & Ford, Ltd., Inc.—Earnings—
,
$58,884,554, and in' 1953
1947, -the
outstanding bank loans or other
the
at
of
18
expenses
Net
company put into
total expenses berow
reduced
were
the
no
letter
a
.
applicable" to
was
$24,736,702
applicable
was
1953.—V.
nounced
The
air¬
1954
for
airline
share
per
with
$18.17
the
of
$21.11
$6,275,889
end
in
filed
Racquet
March
on
(five cents
par
while
the
revenues,
is
which
was
available
more
expenses
16
preferred stock
(par $100)
to
underwriting.
The net proceeds are to be
March
year/
which
program,
10.2%
that
of
The
purposes.
1955
/
cumulative
Pecos
stock.
$63,595,851;
end
ry. 0:
IV. 181,
fi Plasti
for
common
Pacific'airlift
.
Operating
report
compared
or
"*the
for
)t
ings and fixtures.
15
$62,996,996.
were
which
to
Valley
corporation
construction
$1,640,413—exclusive of the
of
March
on
covering 50,000 shares of
without
1953.
the
for
near
of
development
reduction
1954.
increase
an
for
amounted
1954
$4,184,589
of
per
corporate
subsidiaires
2095.
p.
rev
construction
offered
preference
on
their
of
shares of common stock (par $1) to be issued
employees' stock purchase plan.
Such shares were
an
Paradise
an¬
March
to
$2.38
tor
dividends
$1.84
or
for
v$2,415,524,
for
1954.
the
though
even
in
the
was
with
cost
a
$1,944,693
revenues
by
to
allowance
exclusive
revenues—for
Combined
amounted
after
with
compares
Total
the
lift
1954
Pacific's
cost
2,950
to
1
opera
—Files With Securities and Exchange Commission—
Airlines, Inc.^-Earnings Show Gain-
Income .for
178,
corporation
Carroll,
outstanding,
of
program
covering
pursuant
com¬
$1.50 per share),
without underwriting,
selling stockholder.—V. 181, p. 649.
v~"r
a
let
net
such
purchased in the open market for the aggregate amount of
$23,181.92,
or
at an average price of $7.86
per share.
The total contribution by
employees for 1954 was $23,682.09.—V. 180, p. 1978.,
:
common
been
(around
of
of
$56,000,000.—V.
SEC
North Star Oil & Uranium Corp.—Files With SEC—
letter
subsidiaries,
the subsidiaries,
Panhandle Oil Corp., Dallas, Tex.—Files
against
pleted, all of said shares having been "sold, it was
nounced on March 29.
See also V. 179, p. 2040.
A
Lilway
lilway
to
Corp.—Stock Sold—
offering of 750,000 shares of
'ittsl
at the time such
proceeds are received.
The
finance in part, through loans on
open accounts
the cost of the construction and expansion pro¬
used
0:
3eriod 1
oss
8.
p.
Uranium
The recent public
by Israel
181,
to
and
181,
of
balance
construction
An important feature of the Norelco analyzer is its
monochromatic
X-ray beam which permits well-defined absorption measurements which
are
consistently more accurate than results obtainable in the past.
The
price
rev
ry.
headed by Blyth & Co., Inc.
underwriting terms are to be supplied
pany's subsidiaries to finance, in part, the
and
expansion programs, and for general
gas
inches deep, and the circuit panel in
inches high and 20 inches deep.
•
and
let
$8,500,000
are
a
use<
siness.
itj
inches
48
coi
ered
and in part for general corporate purposes.
proceeds will become a part of the general
funds of the company and will be used to make
advances to the com¬
~
atomic
the
grams
The
amounts present. The complete installation
the
wide,
of
hold
t
^te^Tbe^net.Bitfoeeds- to be received by the company from the sale ol
common stock offered hereby Will be used, to the extent
required,
"to-.'-repay in full the bank loans of the company which are expected to
analyzer
gas
x
and
•k
an underwriting group
The public offering
by amendment.
J
-
to
absorption
h
ount
j
-Pacific Lighting Corp.—Registers With SEC—
stock
,
in/2:
Genefiri''"Sates
r
amou
freight savings for Eastern customers.
a
anc
of
nt
capacity at thi
new
a
1
4,
enturei
ouj
1970.
being
are
as
dir
he
y
—
Philips Co., Inc.—New Product—
X-ray
analyzer
new
consists
at
to
of
Philli
th'i
the
company
Bank,
common
'
The
Provisions
securities
k°nc*s due
M
4
of
were
?r
as
costs.
property accomplished in the nine
years ending 1954 total
$192,900,000. Estimated requirements for 1955
through 1957 are $65,000,000 of which
$28,000,000 is to be expended
in 1955.
The projected
program is $23,700,000 less than for the
three
years ended in 1954.
Sale-,
served
mixtures and determines the
which
completion in the fall of 1955.
funds
t
'
designed for rapid
analysis" work in chemical and related fields, has been
corporation's Research & Control Instruments Divi¬
$60,433,129
de¬
consisted
March
cor
propof
tead of
1]
Pacific Finance Corp.—Calls 5V2% Debentures—
by the
customers
Although
during the
construction of the new Milliken electric
steam generating station
Ithaca and related transmission
facilities proceeded on
Additions
of
sion.
stock
tomers served and substantially higher sales of
electricity to residential
*and
4,'e?4^fSi:
com¬
common
he
Merritt-Chapman & Scott Corp. above.—V. 181, p. 1314.
The
'• »
v
..
American Equipment
quantitative
of
Corp.—Earnings—
Oct. 15, 1954
and other
damage in the latter part of the year reduced
common
stock
earnings of New York State Electric & Gas
Corp. by about eight cents
a
share
according to the company's annual report.
Storm damage
was
estimated at about $575,000 of which
$500,000 was charged to
operating expenses.
Despite
this unfavorable
factor, however, the report states that
results
shares
-tSa
at the end of 1954,
long-term debts.
storm
>!
..i
1954.
new
The
New York State Electric & Gas
plans
Corp.—Secondary Offering—A
28,888
company,
h
due
sever
rces.
Sf C co ei
35,300,561
oversubscribed.—V. 181, p. .1205.
was
North American
The
1314,
ti
printing
to
bank loans
Shipbuilding Corp.—Offer Extended—
-
'•
of
announced.
October
they
New York
-
Car
offering
P
It
o
been
sale
See
29,236,380
„„
1953,
1205
p.
3Ugh 1
ial fun
tl
arranged
which
far
as
layout,
of
accrued
American
North
91,554
!l
i
for h0,n
Dim
and
perio
r
research and quality control
laboratory, the
and bag manufacturing equipment, as well ai*
pulp and paper mill to effect a certain
economj
increasing production. The manufacture of certain products will
See
1314.
$61,955,438.
railway
railway
half-pint
,
an,„
$536,416
52,428 "
onstrui
y
%7
^ h con.
in
garages
mi
be
v
th
Osgood Co.—Exchange Offer Extended—
$14,157,477 $12,052,317 $13,835,285 $17,440,573
3,486,633
1,544,319
2,677,938
5,323,792
1,894,809
833,901
1,205,075
2,425,855
6,365,726 •40,439,906
r+
share.
share
$532,056.
available
was made on March 22 by...Glore-. Forgan-'&v.rV-This.corporation on March 30 filed a registration statement with the
at $27 75 ner share with a dealer's discount of $1 npr
SEC covering 600,000 shares of no par common stock, to be offered for
Net
$436,397
railway
from
an!
nonflammable
formulation
is
nticips
fast acting an'
1952
3,732,579
521,808
-Earnings-
1955
and
is
It
*•'
regati
*
(par $10)
at
& Western Ry.
February—
Net
1953
1205.
New York, Ontario
I
1954
25,768,248
covering 23,333
$2,450,881
plant
be shifted
Ry.—Earnings—
7,114,263
p.
that
mill
addition
28,738,254
Northwest
•r
new
139,136
1955—2 Mos.—1954
ry.
790,798
464,629
30,647
Western
income
oner,
181,
stock
RR.—Earnings-
it
is
chemical
by this corporation.
stations
bonds
improvements in
railway
secondary
$11,391,703 $11,884,922 $23,535,522 $23,999,376
9,584,783
9,434,041
19,342,229
19,668,690
$1,806,920
205,838
78,920
railway-——
North
corresponding
to
282,194
•TflWH" s-f
expand the service. He
increase in traffic volume and
compared
ordorless
It
sen
Puritn!
product,
c
$30,<
n
part
r
81,438
railway
further
an
when
income
oper.
the
to
piggy-back
month
1955—Month—1954
revenue.
operations
ry.
to
that
each
that he expects 1955 "as
1954."—V. 181, p. 1314.
Period End. Feb. 28—
Net
made
experienced
1955,
said
increased
York, New Haven & Hartford
Railway
Railway
Net
chairman
has
1954,
the
revenues
period
Plate
in
of
stock.
common
fNickel
Inaugurated
ahead
amount
because
use
An
•
The
d<
non-oil
metal
1442.
financing
stated
299,741
railway-
from
annual
average
to
work.
first
larger
According to R. H. Orchard, President, the Racquette River line
wil
greatly expanded in the immediate future.
c;
1,937,751
1955
oper.
Net
income
dividend
safer
the
and
Paper Co., St. Louis, Mo.—Acquisitions—
trust
Potsdam
From Jan. 1—
nondeductible,"
the
tax,
be
1,741,354
income
&
from
Net
A
income
75,982
stock
35-year, 4Vi%
"The, debentures not only carry a lower rate than the preferred
put in addition the interest on them is deductible in computing
company's
248,292
....
1314.
p.
Norfolk
purpose.
stock,
the
13,896
1,522,346
railway
oper.
181,
™
early
102,447
53,158
collateral
1,525,180
February-
sources.
ahead
the
of
following the sale
for
other
or
the- charges
said.
White
debentures
income
net
170,497
35,915
attendant
while
will be an estimated $6,245,000 from depreciation and
retirement
charges,
and
$5,090,000
from
funds
raised
and
to
be
raised through sale of equipment obligations.
This leaves $7,446,000
be
1952
$975,509
$851,210
He
$18,781,000,
to
1953
$788,901
153,155
railway
from
—V.
fund
reserve
capital
working
.
Present
of
these
minor
some
ry.
1954
$756,025
From Jan. 1—
$14,461,000,
After
cars.
1955
railway
railway„____
from
Net
Net
1953.
product,
bolts
or
The company announced on March 28 its
purchase of the Racquetb
River Paper Co. of Potsdam, N. Y., one of the
largest integrated pul
and paper mills in northern New York. The
Racquette company
become a wholly owned subsidiary of the Orchard
Paper Co. and will
operate under the name, Racquette Riv^r Pan^r Com.
Wprthpim 1
Co. advised Orchard Paper Co. in this transaction
and
Ry.—Earnings—
from
Gross
31.
The volume
of traffic
handled by the
year
was below
that of
1953,
but the
downtrend tapered off
in the last quarter.
From operating revenues of $144,922,000, the road earned net income
of
$14,461,000.
This
was
equal
to
$6.05
per
common
share after
payment of dividends on preferred stock,
and compared with $7.70
j?
\l
1,383,848
Common Share in 1954—
Plate Road
income
net
per
$6,583,423
2,693,270
$6,339,321
2,550,017
$3,476,487
1,333,234
Southern
FebruaryNet
$3,147,602
income
oper.
Earned
if
ry.
new
col
SEC
t
Merritt-Chapman & Scott Corp. above.—V. 181, p. 1314.
Norfolk
$11,418,391 $11,276,712 $23,050,576 $22,889,281
8,270,789
7,800,225
16,711,255
16,305,858
operations
11' i
•
from
revenue
is
the
service
181, p.
Orchard
1050.
p.
1955—2 Mos.—1954
Gross
li¬
through
It
over
developed
was
tainers.—V.
v
Chicago &
a
nuts
per
Newport Steel Corp.—Exchange Offer Extended—
Period End. Feb. 28—
announced
hilac
he
through Silberberg. & Co., New York, for the account of Raoul H.
Fleischmann,
stock
with
shares
deeply.
spread
penetrant
use
of notification
letter
A
3,000
has
loosening corroded
equipment which have become "frozen."
Penetrant, is said to be more effective than oils.
does not
a
for
of home
stock
common
corporation
penetrant
New Yorker Magazine, Inc., N. Y.—Files With SEC—
by a 1,000-horsepower
four-speed torque con¬
provided
through
power
beef
Olin Mathieson Chemical Corp.—New
Product-
this year.
late
will
train
verter transmission.
Power
^
1079.
proposed
th!
54,836
New Pacific Coal & Oils, Ltd.—Offering Withdrawn—
The
Ypume
wai
to
public of 750,000 shares of common stock at 40 cents no,#
by General Inyesting Corp., New York, has
I
completed, all of said shares having been sold
Se«
V. 180, p. 2596.
11
The
its
offering
149,702
income—
p.
recent
$455,498
railway
181,
the
$429,723
I
railway
oper.
Co.—Offering Completed—It
March 25 that
on
$440,699
railway
income—
from
including motive power, when and if this train
According to present plans the General Motors train
the
on
the
the
that
Motors
lightweight trains,
Power
1953
$503,482
oper.
from
Gross
that the Central also
Young, President of the Central, said
has advised General
...
Old Hickory Copper
RR.—Earnings—
1954
From Jan. 1—
Coaches for
new
1955
February—
Gross from railway.—_
shares
cents
Gross
on
profit
Income
703,000,
the
on
before
a
gain
5,743,505
sales
U.
were
income
taxes
than
in
after
1953.
stockholders
and
more
than
increased
an
to
statement
were
outstanding
than
more
also
at
six
the
preceding
million
^
income
$6,212,000,
yeax
dollars.
iipally
,
disclosed
the
that
highest
$750,000 nror<
working
capital an
almost
point in
the
report stated that the company has expended almost
in the-past five years for
plant construction, increase of the
$32,000,00
c0"ipany
own
P.
bottling facilities! and for tools
of
the
trade.—V.
181,
"50.
Puert
CAPIT
^
Common
V.
$
The
}
ii
overr.mr
n
.
company
history.
1
enefit
taxes
or
the
3y th
natic
increased to $12.$1,300,000 over the
preceding yea* ■
increase of almost $600,000, and nef>
foreign
$6,491,000,
The
equity
increased
S.
of
Income taxes
shares
^y
181
£
-j
See
i
?>
>•
569.
C
(1603)
Number 5417 ; ,. The Commercial and Financial Chronicle
i/Bume-lBl
55
!
"
Portland General Electric Co.—Proposed
hiladelphia Electric Co.—Registers With SEC—
registration statement with
SEC covering $50,000,000 of first and refunding mortgage bonds,
s
due 1985, to be offered for public sale at competitive bidding.
t proceeds will be used partly for construction
and partly tft re*
n $30,000,000 of the company's first and refunding mortgage bonds,
series due 1983.
These bonds are to be redeemed on or about
J
e
l
1955, at the redemption price of 105.3% of principal amount
Eregating' $31,590,000) with interest to the date of redemption. It
Anticipated that prepayment of the redemption price of the bonds
be made on or after April 27, 1955.
'
onstruction expenditures are estimated at $312 million for the five_r period
1955-1959. In order to complete the construction program
mgh 1959. it is estimated that approximately $86 million of ad$Hti
lal funds will be required from the sale of new securities over the
several years, the rest of the funds being provided from internal
March
on
company
filed
29
The
SEC
at
$40
This Baltimore investment company on
capital stock.—V.
The
to
?
incident to small loan and general finance
■
Pittsburg & Shawmut RR.—Earnings$137,067
$168,862
$282,976
$349*105
expenses
114,174
124,801
244,387
2497178
fr.
$22,893
$44,061
$38,589
49,068
74,180
97,500
oper. revenue
.
1955—2 MOS.—19W
oper.
opers.
ry.
inc
181, p. 1315.
oper.
ry.
Mfr.
increase
March 24 filed
amendment
an
of
letter
a
common
stock
underwriting.
capital.
working
manufactures
company
Abeles
D.
Abeles
Mr.
revenue_
$2,729,277
$2,843,710
$5,558,750
B ,ilway
oper.
expenses
2,404,020
2,760,034
4,848,815
of
(no
will
Abeles
Mr.
has
been
succeed
The
to
proceeds
offered
be
.^Net
revenue from ry.
—V.
be
to
are
$83,676
$709,935
$405*863
823,546
707,631
1,765,392
1,513;253
t ry. oper. income—
V. 181, p. 1079.
OTfc '"'1
Ad
Super
Conveyors,
t
from
t
ry.
$549,854
$718,839
$729dJ25
128,624
103,010
202,092
160*363
railway——
113,642
122,156
82,148
81,902
income
oper,
%
From Jan. 1—
from
ross
et
ry.
181, p.
-V.
255,140
376,430
1,43^738
287*698
149,019
income—
oper.
186,561
236,144
20%771
1,464,841
1,185,006
1079.
:
Co.—Adds
Pittston
Three
:;:4 M' '-V)t
New Directors-
1Vf
its 25th year with total assets exceeding
Board Chairman and President, disclosed
i
March
29
in
announcing the
election of three new directors.
:ie
new
board
members
are
Gene Tunney,
President of the Mc-
.This
completed
Routh,
"company
00,000,000,
rndless
J.
Corp.
;cretary
P.
F. Der.ari, Vice-President and
Routh, Chairman of the Routh
Pittston subsidiary.—V. 181, p, 1315.York;
New
of
Pittston
of
sal Export Corp.,
Co.,
a
Andrew
elected
as
President
and
and
Vice-President
and
a
director
of
the
Nov.
In
York
New
an
to
a
answer
General
filed
on
civil
stated,
1954,
District
complaint filed
policies have been
March 29 in U. S.
anti-trust
said
the fastest growing and most dynamic industry
world, the answer said, and any charges that RCA "has in
restrained
the electronics industry,
including the
radiotelevision industry, ignore the facts."
On the contrary, it was stated,
RCA has pioneered and been responsible for the creation and expansion
in
way
from the beginning of sound ratio and broadcasting, through
television and now color television," the corporation
black-and-white
that
its
policies have meant more and better radio
consuming public at lower prices.
and
tele¬
sets for the
denying allegations in the complaint charging RCA with
"package licensing," or compelling any prospective licensee to accept
a license under more patents than he wants, RCA said that:
"it grants
Flatly
This corporation on
act
March 28 announced
New Contract—'*
it has been awarded aijon-
the Nancy Nestle doll, A*mre-
manufacture
the Nestle Co. to
by
be used by Nestle to promote sales of Quik, a chocolate
Although size of the initial order was not disclosed, it
ium product to
modifier.
ilk
termed "substantial."
as
clad in a plaid dress, she
alks, sits, turns her head and winks. Her hair is washable.
This
corporation,
which
manufactures
products of polyethylene,
Dlystyrene and other plastic materials, anticipates "a sharp upturn"
i its business because of increased markets for premium items,
packagA nine-inch
■
blonde,
tall
Nancy
Nestle
is
houseware goods.—V. 181, p. 962.
ig and
contain
Year Ended Dec.
ret
31—
1954
1953
$11,321,905 $13,467,898
792,688
1.144,376
364,003
604,000
-
-
sales
rofit
before
for
rov.
taxes
income
Federal
income
taxes
$540,376
249,593
249,593
outstanding.
311,991
311.991
share—
$1.37
$1.73
dividends
ommcn
bmmon
i
$428,688
profit
shares
arnings
181,
-V.
per
paid
common
territory,
or
prices
these royalty rates are substantially cut in half.
royalty rates compare most favorably with
of other licensors in this or any other industry is beyond dispute.
return for these reasonable royalty
rates, licensees have the
to the public,
fact
"The
those
that
RCA's
privilege of obtaining a license, under, or using, any on or more
patents under which RCA has the right to grant licenses. This licensing
policy has resulted in licensees of RCA having complete freedom to
manufacture apparatus in competition with RCA under any and all
patents available to RCA, to the extent to which RCA has the right
to grant such licenses.
No royalties are payable on any apparatus
under any license
agreement granted by RCA unless the apparatus
uses patents licensd by RCA."—V. 181, p. 1316.
letter
notification was filed with
of
the SEC on Feb." 28 covering
stock (par $5) issued upon exercise of stock
four employees who may be deemed underwriters within
of the Securities Act.
The net proceeds to the company
are
to be used for general corporate purposes.
The offering price will
be at the market (estimated at $25.62V2 per share).—V. 179, p. 1483.
Pocahontas Fuel Co., Inc.—Charles H. Jones a Dir.—
A.
R.
Matthews,
March 31 announced the election of
York City and Bluemont, Va., as a director.
of the Board of the Hershey Creamery Co.
President,
Mr.
f
Jones
is
Chairman
on
Lumber
hants
Bank
of
Life
Guardian
Radiator
Winchester,
National
Co.,
National
the
of
Insurance
and the
Va.—V. 176,
Co.,
Farmers
Co.
W.
&
Mer-
857.
p.
PolyPane Packaging Co., Inc., San Juan, Puerto Rico—
Stock Offered—A new issue of 75,000 shares of common
itock ($1 par value) was offered on March 30 by Rhilalelphia Securities Co., Philadelphia, Pa., at a price of
4
share
per
as
PROCEEDS—The
!ry
and equipment
speculation.
a
net
proceeds
and used
BUSINESS—Located
| natic machinery.
It
is
expected
that
cipally in the
United
benefit
the
from
'Overnment
Puerto
in
for
tre
are
to
be
used to purchase machin-
working capital.
Juan,
company's
States,
10-year
financial
San
Latin
Puerto
"
products
will
U.
S.
be
available
Rico.
CAPITALIZATION
GIVING
EFFECT
TO
PRESENT
Authorized
ommon
-V.
181,
marketed prin¬
America. PolyPane will
plus low labor costs- and
to
new
industries located
and South
exemption
tax
assistance
Rico,
stock
p.
(par $1)
1206.
300,000 shs.
FINANCING
Outstanding
91,000 shs.
Manufacturing
Co.
569.
Consolidated
above.—V.
173,
on
taxes—-
preferred stock
Capital
and
A'llAl]
10,161 374
9,459
products amounted to $4,715,923
sales do not include these taxes.
24,846,765
4,353
?
27,144,412
5,187
'i V
22.094,074
35,682,152
collected on sales of the
in 1954 and $4,759,172 in
Lake City Arsenal which
cost-plus-a-fixed-fee contract.—V. 180, p. 724.
tExclusive of government-owned
a
Republic Pictures
c
i
company's
1953. Net
is operated
Corp.—Files With SEC—
filed a letter of notification with the SEC covering
an
estimated 2,000 shares of common stock (par 50 cents) to be oifered at the market (approximately $7.37V2 per share), without under¬
writing.
The-net proceeds are to go to stockholders in li^u ox iyo,ctional shares in connection with a stock dividend payable April 1,
1955.—V. 169, p. 1566.
The company has
Co.—Production Rises—
of oil in February approximated 2,400
barrels a day, up more than 100% in a year, the annual report to
stockholders revealed.
Production in February, 1954, averaged 1,106
Oil
company's
barrels a
day.
&
Gas
production
credited with contributing
company's net earnings within 1% of 1953.
Dec.
31,
1954 showed current assets of
indebtedness.
clearance
received
the
for
1951,
year
required.
The
renegotiation
on
of
letter to stockholders
1952, 1953, and 1954 are
the
years
renegotiation.
1954
for
amounted
$4,445,983,"
to
the
two
to
for
earnings
share.
per
profits
tax
This
of
$25,570,701
$28,875,486
of
the
for
with
compares
relief,
net
for
year
earnings,
1953,
equal
share.
and
1954.
net
reports
$6.39
excess
per
Sales
in
Oil Corp.—Sales Up—Earnings Lower—
corporation
to $7.22
operating revenue reached an all-time high of $223,311,000
Net
principally as a result of
during the latter half of the
result of the extended shut¬
down caused by a fire in July at the Watson refinery, and to increased
costs attendant to the change-over to the new refinery operations; a
material increase in the depreciation and depletion provision due to the
new
refinery units brought into production during the year^ and to
increases
in
the
rate
per
barrel of depreciation and depletion of
producing properties, due principally to the increased cost of developing
new
crude oil
reserves.
v
•"
due
year
to
Chas.
A
S.
loss
and
as
a
in
1954
to
build
for
long-term grbwth
and
principal phases of the business—the production of
and the manufacturing and marketing of petroleum products,
Jones, President, said in a letter to stockholders.
.
of which
motor
expansion
refinery
Mr.
aviation
facture
cost
production
the
$40,000,000
year,
however,
products
of
continued
In
crude oil,
refined
the
Richfield
strength
declined,
earnings
high
abnormally
said,
Jones
gasoline
gasolines of
all
of
new
required
types
highest
the
was completed during the
facilities enable us' to manu¬
program
"The
type
the
by
quality
and
armed
for
services
civilian
out
customers."
station construction and'Moderni¬
zation
to
produce
additional
sales
volume,
the companyH'built
or
modernized more than 100 stations during 1954.
i
Richfield
produced 26,746,000 gross barrels of crude oilrin 1954.
Pursuing
Total
of
its
crude
112,704
oil
amounted
processed
barrels
per
service
of
program
Sales
of
at
volume
result
a
of
income
on
taxes
at
assets
Dec.
amounted
31,
1954,
$24,904,413.—V.
were
from
ry.
a
average
for
the
record
new
and
Sales of distillates were
railroad
to
amounted
demand
and
$12,000,000,
to $37,570,701.
181,
p.
leaving
and
a
net
current
lia¬
538.
& Potomac RR.—Earnings
133,666
1954
$2,137,516
681,116
247,260
1953
$2,284,349
816,675
235,880
4,479,666
4.886,633
1,274,185
1,419,411
1,817,171'
359,378
509,299
1955
$2,095,759
546,222
railway
income
oper.
$101,416,329
were
4,383,273
February—
Gross from railway
Net
set
increased
income
on
Richmond, Fredericksburg
Net
an
high
new
$25,570,701.
Current
bilities
refined products
by 2,370,000 barrels.
as
Federal
before
taxes
of
income
barrels,
a
shipments.
income
Federal
volume
1953
peak
higher export
Net
of
40,122,000 barrels
a
is
'"
exceeded the
also
41,137,000
to
day—which
calendar
corporation.
1952
$2,516,361
1,044,993
342,267
From Jan. 1—
from
Gross
from
ry.
—V.
railway
railway
income.—
oper.
181,
1
2,516,361
1,044,993
576,866
342,267
1316.
p.
Riddle Airlines, Inc.—Reports Profit—
Earnings
March
the
for
1, total
first
$78,994,
eight
months
Peter T.
of
its
fiscal
year,
July 1 ;to
reported.
Craven, Secretary-Treasurer,
The
all-cargo airline made a net profit of $8,055 in February, he said.
—V.
181, p. 750.
(& Subs.)—Earnings—
Six Months Ended Jan. 31—
Sales
and
Cost of
operating
revenues
1955
(net)
general expenses
Net
Net
for
income
112,700
147,000
share
133,733
547,159
$403,124
$629,948
319,496
$1.26
outstanding
147,611
319,496
—
—
shares
of
$2,202,718
433,258
311,620
352,339
(net)
taxes--
income
income per
12,908,021
$1,841,387
490,187
335,426
;
and
other deductions
and
Number
%
10,585,981
operating income
Provision
1954
$12,427,368 $15,110,739
sales
Gross
—V.
177, p.
$1.97
1302.
Rockwell
Manufacturing Co.—Reports Gain in Earns.
before taxes during 1954 increased to 15.7% from 13.8%
earnings per share increased to $3.04 from $3.01 despite an
decline in sales, W. F. Rockwell, Jr., President, reported to share¬
Earnings
in
'53
8%
surplus
1955.
28,
9,671
41,335,843
—
$0-98
16,750 341
$0.78
20.156,657
—
addition, Federal excise taxes
under
6,?cK'2na
iSa IS!
.c'^n'51?
o
common
nc:crvc:Urr!--..a5SetS *"
Reserve
Pond's Extract Co.—Merger Approved—
Chesebrough
paid
capital
Working
This
See
after
paid on
1953
a
its net sales in 1954, as com¬
on
tax was
Employee benefit plans
:
stock
——
♦Federal, State, local and Social Security taxes
Earnings per share of common stock
Number of stockholders (end of year)
tWages, salaries and employee benefits---tNumber of employees (end of year)—
—
♦In
A., this comany will be engaged in the manufacture of polyethylene film, both
i W
linear and tubular extrusion method in continuous and auto-
n
income
Dividends
titter
1
Net
Dividends
director
5.32%
company
expenditures
equal
Interest
M.
and
Inc.—Earnings Increased—
w—$68,970,276 $75,745,157
Harrisburg, Pa., Treasurer and director of the American Arbitration
association
the
on
to
of
Selling expenses
sales
share
per
1%, James
Macfie, Presi¬
River Brand Rice Mills, Inc.
with the
preferred
stock
Paul H.
Marks, Secretary of the company.
The net proceeds are to be used
to repay loans, repurchase accounts receivable, increase inventory and
Remington Arms Co.,
..
.
"including $1,438,651 for the acquisition of the land,
machinery and equipment of Standard Rolling Mills Inc."
acquisition of Standard Rolling Mills is expected to add ap¬
adjusted
Miami, Fla.—-Files—
corporation on March 15 filed a letter of notification
187,525 shares of class A 10%
cumulative
(par $1)
to be offered at $1.25 per share through
covering
Calendar Year—
$7.98
or
outstanding, compared
share, a decrease of
per
profits
the
as
refund
no
Richfield
by
Ttfpf
of
the
Administrative
harles Hill Jones of New
1953.—
•
stated,
This
1954,
shares of common
Re-Mark Chemical Co., Inc.,
•.'<»
"
$8 million to the company's annual sales and provide a
satisfactory profit, they declared. Revere's Aluminum Divisions will
eventually supply alumium coiled sheets for rolling into foil by the
new Standard
Rolling Mills Division of the company.—V. 181, p. 110.
meaning
SEC
>
;
.
$10,276,994,
earned
contracts
to
open
Net
Co.—Files With SEC—
Raytheon Manufacturing
A
of
Inc.—Earnings Off—
$8.06
or
excess
bonded
1954
Net
*
working capital.
962.
p.
quantity,
continued:
answer
The
Net
price,
"RCA's present royalty rates are further
reduced, now being only V2 of 1% for radio broadcast receivers using
tubes, l'/a% for radio broadcast receivers using transistors, 1 V* % for
black-and-white television receivers, 1%% for color television receivers,
1V4% for electron tubes other than color tubes, 13,4% for color tubes,
2%
for
color
television
commercial apparatus except government
apparatus, IV2% for other commercial apparatus except government
apparatus, and 1%
for all commercial apparatus manufactured for
government use.
"All RCA license
agreements provide for various deductions which
make the actual rates even lower.
Moreover, RCA royalty rates are
based
on
the manufacturer's selling price.
Applied to retail selling
the
Subs.)—Earnings—
(&
to
prospective licensee."
options
Plomb Tool Co.
as
anything else, require no minimum royalty, and are offered under any
one or more patents and for any apparatus as may be desired by any
4,800
„
restrictions
no
working
with
end
proximately
the
advances,
the
at
in 1953.
the
sheet
or
with
officers
that RCA's patent licensing
"a major factor in the spectacular growth of the electronics industry,
including the radio-television industry, and the pre-eminence of the
United States in that industry."
Branding the government's request
for
relief
as
"unreasonable,
unnecessary
and contrary to the public interest," RCA denied each
and
every
allegation in the complaint charging violation of the
19,
$251,719
(including inventory of $26,989,665) which was approxi¬
times current liabilities of $16,284,593. Revere has no
3.46
loans
Daring
company.
of
balance
plants,
government
position,
was
maintenance
mately
still
corporation,
in
"In
,
n
Plastic Molded Arts, Inc.—Signs
the
The
This
Court
with
stock
common
company
government
a
the rate of 2%,
each at
letter to stockholders stated. Despite the loss in dollar
mainly attributable to the severe drop in defense
the
the
$56,388,860
becomes Vice-Chairman
Vice-President
totaled
1954
of
$10,380,167
which
bank
Executive
1954,
financial
good
compared
as
in
held.-
in
1954
.
lor
of
22.9%,
The
Executive Vice-President.
Layte who
stock
shares
50
Kennedy, Chairman of the Board, and Charles A.
reported in the company's annual report dated March
to
Executive
Chief
ernment Anti-Trust Suit—
John
and
each
ended
shares
"Capital
The
234,678
1,191,167
railway—
railway
from
et
income
income
Elimination
179; p. 1269.
"licenses
$586,653
railway
from
ross
1.^2
1955
February-
for
$396,568
business,
licenses to competitors arid others on reasonable and non¬
discriminatory terms and without restriction."
'
Describing the license agreements the answer stated that RCA's
s«R
of
sales,
a
patent
.(ftw
| Pittsburgh & West Virginia Ry.—Earnings—
1953
1954
outstand¬
for
the
year
amounted to
$193,272,861 as compared with
$250,616,942 in the record sales year of 1953, a decrease of $57,344,081,
used
Radio Corp. of America—Asks Court to Dismiss Gov¬
vision
$325,257
operations
.Ti
$539,708,
was
Sales
at
or
markets
and
Ralph R.
previously
was
Markert is also
Mr.
stated
fo'lT
other charges,
all
shares of capital stock
dent,
notification with the
par)
paid two dividends in
1,286,916
Pointing out that it "has been in the forefront in all major industry
$5,9^74
5,590,911
and
525,740
179, p. 2373.
net
of much of this industry.
oper.
the
on
Revere Copper & Brass
Manager.
1955—2 Mos.—1954
1955—Month—1954
Period End. Feb. 28—
iSf ilway
after taxes
;
of the Board of Directors.
any
Pittsburgh & Lake Erie RR.—Earnings
1954,
share
a
company
capital
V.
Electronics is today
155,819
for
share
one
The
Sherman Act.
Jet rev.
the,
and
made
were
compared with a 1953 net profit of $408,107 and 82 cents a
There were 500.000 shares outstanding at the end of 1953. The
company
M.
Officer, and II. Joseph Markert
,
siness.
profit
as
share.
additional 80,000 shares of its
an
without
share,
per
James
on
Period End. Feb. 28—
ing,
portion' of
greatest activity was the central
field, where two new zjne discoveries
pared with 4.14%
March 14 filed a letter of notification with the
3 covering 187,500 shares of class B common stock
(par $1) t#'be
lered at $1.60 per share, without underwriting. The proceeds are
R;
covering
corporation on March 16 filed
The
SE<S-
■:w
of
area
popl was tapped.
equal to $1.03
Purolator Products, Inc.—New President Elected—
on
June 1, 1953, $3,230,500 prinq&>al
converted into common stock.
published in ^ew
■k
April 4, 1955k£P
t holders of
the debentures Called may transmit them to Masrrpturers
Trust Co., trustee, 45 Beaver St., New York, N, Y.,,'^r
version or redemption not later than M'ay 4, 1955.—V. 181, p;.^ui
1955—Month—1954
Net
the
offered
be used
with
be
lighted system of moving transparent advertisements.
numbers of the debentures called will be
and other leading city newspapers beginning
| be used to pay expenses
to
181, p. 750.
covering 2,500 shares
$100
„
have to date been
company
The
new
Net
erial
The
$20)
—Files With SEC—
Debentures—
*hoenix Loan Co., Phoenix, Ariz.—Files With
(par
Exchange Commission—
to its registration statement
$162,098,500
of
amount
stock
Prospect Atomic Devices Corp., New Brunswick, N. J.
on March 28 authorized the call for redemption on
of $25,000,000 of the outstanding 3.70% sinking fund
ientures due .1983. These debentures are callable at $103.50 plus
rued interest but are convertible into common stock at $65 a s^are
to and including the redemption date, May 4,
1955, without payt of accrued interest on unmatured coupons. Originally issued?; in
ount
letter of notification
a
capital
Price Growth Stock Fund, Inc.—Registers
With Securities and
1955,
4,
of
or
directors
'he
shares
share,
per
(T. Rowe)
SEC
y
March 29" filed
on
7,500
one
,
company
Phillips Petroleum Co.—Calls
corporation
covering
without" underwrit.ng. The proceeds are to
to repay bank loans and to increase working capital;
bl
h
tion.
Tejon-Grapcvine
has announced that the date for receiving bi
proposed issue of $50,000,000 bonds has been scheduled for Apt
tead of April 25, as previously announced.—V. 181, p. 1315
ti
Jasper W. Tully, President,
told
shareholders the company's 1954
drilling activities reached a new high, both in development and explora¬
Construction
1443.
p,
Price & Co., Inc., Camden, N. J.—Files With SEC—
v;
*
lie
Ebasco Services, Inc. above.—V. 181,
See
a
and
holders
company's annual report released on March 28.
earnings after taxes from 6.8% to 7.5% rep¬
partial fruition of an overall cost reduction program that
has been in
progress two years," Mr. Rockwell said.
<,
Sales for the year totaled $76,470,489.
In 1953, sales were $83,300,927,
of which
approximately $4,000,000 represented defense product
sales.
A negligible amount of defense business is reflected in the past
in
"The
the
improvement in
resented
a
year's sales
figures.
Earnings after taxes in 1954 were $5,723,553,
the previous year.
compared with $5,672,-
869
sheet at the end of the year reflected the
strongest overall financial condition in the firm's history.
The cash
balance
increased
to
$6,930,793, more than sufficient to cover all
current liabilities'which aggregated $5,641,825.
Current assets at the
end
of
the
year
were
$36,780,360.
The ratio of current assets to
current liabilities decreased slightly from the past year to 6.5:1 from
6.9:1.
This was a reflection of the prepayment of $9,000,000 in indebt¬
edness during the year.
Mr.
Rockwell reported that the number of shareholders increased
The
company's
balance
by more than 1,100 during the year to bring the total number to 11,005.
He disclosed that the company's ownership has increased by approxi¬
mately
the
1,000
each year since
1948 and has multiplied by 15 times in
past decade.—V. 181, p. 905.
56
The Commercial and Financial Chronicle... Monday, April
4, 1955
(1604)
Fred M. Linder,
1954 amounted
fqr
"equal
Sag
arinounced that the net income
stock
j.)
f-.,
con^.$831,449'and $1.43 per share for 1953
—Linder reported that the decrease in total dollar sales in 1954
to $35,569,967 after Federal and State revenue taxes from $37,721,713
for
1953 was • bfought about by four major factors:
the sale of the
sale
of
finally
eries
1953
strikes.
•
■
I
pointed out that the increase in net
decline in sales volume, was due to a product price
for all
of
1954; plant improvements, chiefly the
,
Sales
in
Net
from
Net
ry.
from'
Gross
Net
ry.
83,332
-.V
12,509
♦40,661
25,919
749,646
912,938
79,994
30,785
100,690
109,748
income— ^ ; ♦13,957
♦70,032
615
12,903
♦Deficit.—V'.
"
•
this
the
for
company
1955
fiscal
will
year
ry.
—V.
of
,
181, p.
its
-
4,199,547
3,683,590
3;939,166
3,453,894
2,365,057
2,349,475
$1.56
$1.47
.
Redemption-
Feb. 28 filed
on
Net
Dec.
Elided
service
31—
tiad
of
They
jltmck
truck
leasing
The
areas.
also
Great
leasing
to
in
owned
of
Rental
varying
17
and
all
and
the
of
income
Net
$8,408,923
7,551,431
profit
Provision
Federal
before
profit
for
Net
the
1
$1,115,119
68,952
before
Internal
partnership
all of the
the
interests
stock of
System's
17
ot
-extent
sK
of
$700,000,
Indebtedness-
t. ;V
-celianeous
Pt
IP
and
of
the
new
income
and
Great
taxes
truck
leasing
stoox
of
Rental
were
179,
in
Ryder
17
.
will
will
use
repay
such
$100,000
funds
to
and
of
its
oper.
revenue-
the
in
oper.
142.315
expenses
from
revenue
ac-
$220,582
160,312
under
shall
ry.
♦Deficit.—V.
$60,270
3,469
24,837
shall
accept
all
be
of
Ndt
ry.
railway
last
oper.
1954
to
$404 633
$32,871
$68,091
*30,772
421
-
Gross-from
Net
from
Net
ry.
the
—V.
l$lr
1953
184.130
35,147
74,738
857,241
320,593
55,810
Net
919,841
208,236
341,712
85,708
59,172
income
his
February—'
;
expenses and depreciation
Balance
96.707
$1.74
$1.74
$1.00
$1.00
in
the
befoTe
next
131,739
$8,531
1,041
on
$9,572
21,764
17,815
$18,507
preferred
stock
is
U.
full
of
shares
stock
of
that
than
the
have
event
dividend
of
action
record
13,
its
of
less
m
now
of
Balance
"
available
for
common
outstanding:
preferred, series A
49^% preferred, series B_
4%-%
4.70%
4.70%
-?i
preferred, series C_
preferred, series D_
Common
-V.
181, p. 75!_
stock.
and
has
than
to
of
be
the
whose
1955,
be
of
Nov.
(A
Thij
$21,574 798:
equiva
compa
share
one
him
1905
stock
nor
3a 000
8.592
16,358
6,871
12.666
by
14.702
11,792
income
income
188,803
May
inventory, <
St<
obligations
pay
'
■
plete
Debs.—
shar<
approximately $40,000,offering of rights to its pre¬
com*
new: issue
an
on
a
filed
pro
of"
rata
tails
/v;%%i/'vv;7%;r:..:/:
basis.
with the California
application
an
181,
Sti
Thii
905.
p.
during
pany'j
Co.—Earnings—
T955
after
taxes,
etc
%
•
Thi:
1954
.
result;
line
OP
SINCLAIR
OIL
DEC.
31,
.,
„
2,607 822:
Vision
2,551,5)9 V
preferred stock
2,215,857'
attrac
412,296
..
412,296.
$2,139,303
—
Bas
$1,803,561
913,333'
—
1
799,167
$2.34
Pacific
from
Mr.
$2.26.
Divisit
ry.
1955
railway
from
from
ry.
been
!
1953
1952
of
in
Su
3,614,138
2,898,414
3,617,207
A
li
71,469,210
86,223,473
83,119,739-
Ink
1\
13,967,470
11,209,766
21,264,836
18,459,114.
March
6,513,142
4,389,522
8,130,260
7,268,561
tnanui
income
3,989,341
1444.
The
Iarges
Production
ments
Su
Thi:
still available.
were
refine.
FOR
CALENDAR
YEARS
G.
V"1854
31—
Dec.
operating income—
Operating
charges
—:
Other
Rur
$22,846,916 $19,961,409-
1955,
17,019,326
$5,541,412:
1,653,823
greate
14,419,997
$5,827,590
May
Net
1,590,045-
of
to
or
now
as
this
181,
15,
Co.
Net
650.
Z,
•
.
-
-
as
181, p.
I
(86V2%
Venezuelan
owned
Operating
$20,081,312
$39,447,438;
27,933,163
29,696,004
$19,003,176 $41,662,629
13,585,934
ry.
14,413,972
2,937,852-— 2,237,118"
Operating
Preferred
Common
stock
stock
(without
■
'
1955—Month—1954
$2,412,709 $33,878,4"2 $31,092,351
$2,789,568
1,694,742
expenses.
(without
consolidated
28,000,000
income
1,505,964
$1,094,826
Income
par
18,182,804
19,824,643
$12,909,547
66,160 ~
97,477
$906,745 $14,053,819
1,311
Gross
income
4,642
Provision
for
$1,096,137
——_
Income deductions
♦Net
"
$911,387 $14,119,979 $13,007,024'
E
The
eondit
.i
"Lo
almos
impro
taxes
income
on
4,881,129
income
567,159
$6,295,402
512,652
$6,376,886
$5,782,749
4,087,469
4,087,484
$6,944,045
paid and accrued
on
preferred stocks
applicable to
common
stock
outstanding at end of period
Earnings per common share
♦Effective
with
company has
.
ated
.
25,000,000
80,000,000
73,200.000
the
Stock."
from
The
$1.41
$1.56
present
fiscal
year,
"Net
above
Income
statement
procedure for all periods.—V. 181.
a.
Sept.
beginning
eliminated deferred Federal income
amortization
Common
25,000,000
c
i
expen
Mes
plans
Dur
stockl
ployet
1953
Te
Dr.
that 1
color,
of
tl01,148 600
.
the
and
2,093,260*
4,618,362
2,294,805
——
Federal
Common shares
28,000,000
101,758,900
and
taxes
with
change
the
1954,
acceler¬
to
Applicable
Earnings
conforms
eorres
1954, the
1,
due
19f
This
Te
to*
in-
Bon<
650.
The
the
_
value)
value)
subsidiaries of
Increased
1955—12 Mos.—1954
-
Spencer Kellogg & Sons, Inc.—Financial Highlights-^
'
24 Weeks to Feb. 12—
'
$328,598,600
Net
•
••
r
the
-
;
.
—
250,000 shs.
1i20,000,000 shs.
company
-
sales
••
,
None
§12,350.335 shs.
also had outstanding
Profit
Net
before
profit
outstanding
Earnings per share
Net
current
Net
worth
—V.
180,
assets
per
p.
—_—
993,898
,
j.,222,110 ^
1,222,110
$0.81
••*9.-18per
share
2640.
$43,591,051 $50,718,63?
2,117,895
449,140
221,140
taxes
Shares
1954
1955
—
taxes
after
'
:
1
^
•
$540,527 shs.
par
I
Exp
exploi
1206.
operating
♦Balance
held
'
6,272,187
50,000,000
value-.
*•'
$9,751,434
4,667,755-
.$4,583,204 $13,729,466
$6,495,378
opers.
inc.-k..
revenues
Dividends
Petroleum
subsidiary)
wh<
Oil
lower
1955—2 Mos.—1954
1955—Month—1954
-
Southwestern Public Service Co.—Earnings
Other
41,750,000
$394,758,900
—,
of
cials
be
can
pro¬
-—
stock
dec:
"Eli
Period End. Feb. 28—
Outstanding
,
a
sum,':
the
$9,500,000
.
•
Gro
-
Railway—Earnings—
fr.
oper.
cor
bur
$2.09-
an
de¬
1.35%
cperai
$3,601,367
1,727.008
$2.42
expenses—
rev.
ry.
—V.
sell
of
50,000,000
1983——
The
$3,951,367
1,727.008
—
share
revenue^
oper.
Net
Venezuelan
50,000,000
subordinated
shares
p.
oper.
Ry.
offer.
$60,000,000
payable to banks,
1957 t0 Oct. 1, 1961__
due Jan.
$4,173,767
—_
J
.
'
tax
income
350,00(2-
Period End. Feb. 28—
stock¬
1954
1974
Petroleum
per
Ry.
SUBSIDIARIES
Authorized
Net
totalei
a
holdings of Venezuelan,
desires to acquire all
AND
Federal
tax
' $4,173,767
Southern
outstanding.
all
of
—V.
course
86V2%)
nearly
before
income
income
Net
13,
purchase
now
income
Number
share.
full
(net)
of
ac¬
to
operations
deductions
Federal
to
been
normal
number
from
under
its
upon
Di
holder
1953
annua
Income
1955.
to
cor
74,844,333
railway
181, p.
i
$35,803,122 $42,030,730 $42,413,677
6,460,931
10,161,306
70,054,842:
7,561,618
railway-
oper.
j
The
1954
$37,178,586
income
oper.
area
Co.—Earnings—
railway——
bi
berg-C
distrit
Gross
will
the option either to
CORP.
v >
o
2,835,259
etc,————/
interest,
—
Earned
on
have
pursuant
its
or
th
In its
shares
shares
payable
13,
Venezuelan
Sinclair
pi
sal
for
$14,490,249 $13,697,188.
Years Ended
notes
public—par
♦The
shares-
In
asking an order to exempt the proposed issue
bidding. Funds would be used to retire promissory
after
on
from
Net
Capital stock of the company:
-
The
the
4
one
V. 7
a
29
EARNINGS
stock
exchange
June,
(approximately
of
Venezuelan
of
in
entitled
decreased
past.
years
convertible
Total
4,500
the-
(par $1) was made on March 31 by Blyth & Co., Inc.,
$38.75 per share. At time of going to press some-
Petroleum
for
all
shall
additional
subsidiary)
25-year
33a%
sinking
fund debentures, due
Aug. 1, 1976—
Co.
and
with
$1,000 deben¬
without Underwriting.
unit,
par
jjurchase
through
March
on
"
;
450,000
business
Sinclair,
one
shares
capital
increased
to
of
missory notes payable to banks, due
Sept.
3,
1956
(guaranteed
by
the
company as to principal and interest)
Sinclair Pipe
Line
Co.
(100%
owned
Dr$ 17,806
notification
at
sinking fund debentures,
1,
April 1,
bentures,
*
202.333
CJ
Inforn
257.
p.
Sinclair
declared,
on
issued
be
by
payable
will be
to
will
Corp.:
instal.
Venezuelan
Capital
30.000
e
loss
Co., Inc.—Secondary Offering—
A secondary offering of 35,000 shares of common stock
Although the board
thereto, it is expected
tenders
of business
3,459,473
seven
least
rejection,
close
Aug. 1, 1965
25-year 2%% sinking fund debentures,
due Dec. 1, 1972
314%
sell
for construction.—V.
Southern
450,000 shares of Vene¬
the right to reject or to
who
entitle
the
neither
than
Oil
due
due
revenues
—V.
common
tendered
at
respect
due
9,563
$12,854
and
'
From Jan. 1—
share.
per
will
at
Sinclair
owns
shares
due
$1,100
to
stockholders
common
competitive
notes
Gross
by
excavating,
Venezuelan
declared
65c
with
expected
stockholder
sufficient
3V8%
to
February—
stockholder.
Venezuelan
of
less
deposits
a
evenly divisible by eight will have
not
interest
more
letter of
a
'
Shares
♦No
Jncom;
as
Commission
from
Net
offered
180,
20-year 23/4% sinking fund debentures,
Or$8,243
5.653
income
Net
shares
Venezuelan
of
dividend
of
dividend
tendering
Sinclair
120,375
$40,271
offered
that
rate
no
quarterly
25-year 3%
48
deductions,
Digger
tractor-mounted
provided
In
the
taken
CAPITALIZATION
$128,906
$40,223
revenue
Net
the-
:
,
debentures
company
Gross
statement.
above
also covered.—V.
are
Sinclair shall
quarterly
at
was
has
outstanding shares
acquired by tnis offer.
jg54
$171,962
>
Dividends
offer
tendered.
the
Earnings2955
revenue
Interest, etc., deductions
5
$1.70
Power
of
capital
the event
the depositing
Sinclair
interest
1316.
operating
the
AT
744,706
276.283
Provis
the-
1
Seismograph Service Limited in
Seismograph Service Corpora¬
Sharman
shares
tendered,
Stockholders
Only
89,630
791,520
Non-operating income
»
*
$441,042
243,243
San Jose Water Works—Statement of
Month of
Operating
Operating
1952
$523,532
42,851
railway
p.
all
stockholders
the
for
123,531
railway
oper.
be
stock
Sinclair
$385,405
From Jan. 1—
r
$607,509
$2.37
included
28
holders of record at the close
336,542
145,763
income
of
this
regular
directors
that
$402,149
railway
of
shares
Sinclair
1955
from
accept
returned to
The
181, p. 1316.
February
from
of
of
to
totaled
230.
p.
outstanding end of period
Earnings per share—
—V. 181, p. 50.
of
terms
zuelan
St) Douis-San Francisco & Texas
Ry.—Earnings—
Net
will
the
4.000,000
Gross
March
at
used
$607,509
credit)
distributor
shares
be tendered.? In
shares
$36,407
income
oper.
160,
1955
Shares
Stockholders
mis-/
1955—2 Mos —1954
322,409
and
Southern
by
is
the
cepted not later than May
$355,280
I
by
so
Sinclair
ry.
operations
Net
(
;W\
dividends,
which
on
stock
be
plans
company
Dividends
five shares of Sinclair for each
eight shares of
of Venezuelan who wish to accept this offer
surrendering their Venezuelan stock certificates on or
before April 21, 1955, to the Chemical Corn
Exchange Bank, 30 Broad
St., New York, N. Y.
do
may
subsidiaries.
1955—Month—1954
«,
:
continue
';///■ ■:""
to be offered in units of
Balance
Corp.—Exchange Offer Effective—
ratio
Venezuelan.
Any
Net
-1
these
and
corporation
exchange for
Co.
Ry.—Earnings—
$178,722
30,
debentures
6%
$1)
of
to
are
convertible
Net
paid
were
of
describing
Sinclair Oil
This
in
Sinclair
those
invited
j
Cr234,429 />%:/—_.—
_______
specifications of the machine
such
or
Jan.
filed
11
working capital.
shares
Great
repay
for
Net
earth-moving and material handling equipment.
The booklet contains
illustrations and explanations of the wide range of uses for the Sher¬
man
Digger, and actual on-the-job picture.
Accessories, work range
•expansion
Railway
Railway
and
of
(par
shares
75
Net
booklet
common
Period End. Feb. 28—
it
£70,000
$166,712,
manufacturer
to the extent of
approximately $725,000 to repay outstand¬
ing debts and $175,000 will be added to its working capital; and 13)
the balance, will be retained by Ryder System to finance its future
and
and
Gross
2600.
p.
new
this
stock
The stock and properties
System
Southern
A
truck
and
will be
12 Months Ended Feb. 28—
Sherman Products, Inc.—Issues New Booklet—
>
transferred
System
ended
March
$60,000
proceeds
Net
(2) approximately $900,000 will be used
investment in Rental System, and Rental System will use
program
/;'/JyZ:%v -V".
;
:nconu
Profit
the?
&
year,
corpo¬
entire outstanding
of reorganization, the
corporations
Sloane,
Southern Indiana Gas & Electric
64,641
$827,784
share
per
share
—V.
outstanding debts;
equity
ture
ferred
405,200
Cr55,000
share (after special credits)
of
its
As
received
1955.
hy
per
paid-
Dividends
service
the
plan
company.
Sacramento Northern
IP:
Z:
$593,355
inc.
accrued
special credits—.
share (before special
income per
1954.
-such funds
for
30
W.
the
Code_
Revenue
and
tion
■quired by, Ryder System, Inc., represent assets subject to liabilities
tiaving a bet book value at Dec. 31, 1954, of $1,671,850.
Net proceeds of the present financing are to be used as follows:
11) Ryder System Is presently indebted to Great Southern to the
j;
profit
Dividends
capital stock of Ryder
in the business of
the
months
on
stock
The
The
$1,077,350
507,812
credits
special
and reduction
Net
Reedy
N.
John
of $192,713.—V.
corporation
covering
000
103,568
contribution
taxes
sharing
of
Net
reorgan¬
a
Roland
11
profit
common
$973,782
and foreign inc. taxes—
refundable under the carry-back
profit
Net
and the assets of Ryder Properties were
acquired by Ryder
JSystem, Inc. As a part of the reorganization, Ryder and Reedy, Presiand Secretary of the new company, acquired 200,000 shares of
stock of
stock.
112-year-
of
offer
Adjustments by U. S. Internal Revenue Depart¬
■Southern
common
voting
this
March
7,087,660
257,627
Federal
taxes
provisions
-lleht
the
of
P.
$857,492
(net )_j
profit
Employees'
engaged
13
leasing
the
of
and
Rental
amounts
to
truck
all
in
primarily
latter
Pursuant
the
System
owned
was
The
Southern.
assets
operating
also
which
warehousing.
rations
<of
corporations
Inc.,
Ryder
A.
James
90%
and 10%
System,
which owned
partnership
Properties,
public
which
held
Reutul
ivyder
of
on
majority
Board.
the
net
Gross
through
organized for the purpose of effecting
companies in
interests.
preferred
the
of
Southern California Edison
1953 C"„
$8,061,442
1954
■.<■
income—
operating
Other
underwriting terms are
was
company
t<
Thri
•*
J.
a
SEC
SEC—
estate.
The
o
"° *
/
a
Operating costs and expenses
Blyth & Co., Inc. The public
to be supplied by amend•neht. • The-company was incorporated in Florida on March 22, 1955.
It is
principally a holding company, owning 100'% of the stock of
Great Southern Trucking Co. and Ryder Truck Rental System, Inc.
It also owns and operates a public warehouse, owns and leases some
terminals to Rental System and owns a small amount of unimproved
real
associates
and
Sloane."
the
of
for
The
Seismograph Service Corp. (& Subs.)—Earningswear
Seismic
-
ization
former director and stockholder
coverings firm, announced
and
William
&
The
corporation filed a registration statement with the SEC on
JMarch 28, 1855, covering 160,000 shares of its $5 par common stock,
sale
;EC
>ar,
Southeastern Industries, Inc., Wilmington* Del.—Files;
Carpet Co., Sanford, Me.—Files With
Ryderr System, Inc., Miami, Fla.—Registers With SEC
public
This
i
nine,
with
letter of notification with the SEC
covering 10,000 shares of 6% cumulative preferred stock to be offered
at par
($10 per share), without underwriting.
The proceeds are to
be used for working captial.
'
This
and
'.■/■•I
-
•
....
floor
himself
common
Sales
(formerly Deerfield Packing Corp.) is notifying holders
company
ment
for
Sp]
sters
Sloane, whose annual meeting is scheduled for: May 26,
retail outlets: in
New York : City;
White is.Plains, N. Y.;
Maiihasset, L. I.; Stamford; Conn.; Millburn, N. J.; Washington, D. C.;
San Francisco, Beverly Hills and Palo Alto, Cal.
,1':;;';:
;
■'
.
W.
amount
Seamloc
Mr. Ryan said "we also expect
our aircraft and electronics prune contracts
direct with'? the military services.
In connection with one of our
key. aircraft projects, Ryan's pet-powered vertical take-off airplane
Cor, the AirfForce, no additional information can be released. ■?■;
"Another * of our recent contracts which is of importance is that
with Northv American Aviation for aft fuselage sections of the famed
F-86' Sabre jet fighter.
The significance is not so much in the
volume of business, hut rather in the fact that it is the first major
subcontract 'for airframe components received from North American
fft- several years.
Your management is optimistic that this contract
«nay lead to follow-on order in the period anead."—V. 181, p. 1443.
price
-
announcing acquisition, Mr. Coates added that over 40%
shares- "were acquired from direct
descendants
has
3%%
The
.
,
share.
1080;
'
com.
1985—-2 Mos.—1954-
1,699,501
2,365,057
$0.77
this
•,
stock are reserved for conversion of the
subordinated debentures.
(<'}y>'
*"
and
by
Chairman
months,"
"During fthe next few
Increases in a number of
offered
If
furniture
In
Earnings Up\
owned
of
by the company were acquired in accordance with the terms
337,830 Sinclair shares would he required for the exchange
Benjamin Coates,
old
sinking fund debentures due Feb. 1, 1962 that $180,000
of these debentures will be redeemed through the
sinking fund on May 1, 1955 at 102% and accrued interest. Redemp¬
tion will be made at the principal office of the trustee, The Marine
Midland Trust Co. of New York.—V. 181, p. 50.
I
will'be of major proportions and many years duration." •
•
the past six year, Ryan has built more than 600 fuselages
major components for the Boeing KC-97, predecessor of
the new KC-135 jet tanker, in a program which wiir run to about.
$50,000,000 in dollar value before completion next year.
The Ryan company also expects to participate in the engine pro¬
gram
for the KC-135 since it produces a large number of hightemperature components for Pratt and Whitney Aircraft's J-57 engine
which powers the Boeing jet tanker.
Production of jet, piston and
rocket engine
parts accounts for a major share of the company's
business volume.
;V
:
•
per
principal
other
be
not
terms
stated
During
offering
the
purchase and option plan to certain of its officers and
all the authorized and issued shares of Venezuelan
181, p. 1443.
founder,
1,945,090
1,815,715
This company
gram
to
Venezuelan
Sta
p.-669.
2,349,475
$0.72
2,072,523
'
outstdg—
Seabrook Farms Co.—Partial
order for jet tanker transports to
significance to Ryan. Last winter
Ryan was the successful bidder on the aft fuselage section of Boeing s
KC-135
tanker,
and
in January Ryan obtained the order for the
cvejn larger mid fuselage.
These were relatively small quantity initial
orders, but with the Air Force now ordering the KC-135 into volume
production, there is every prospect than Ryan's share in this pro¬
-
income
oper.
shares
Earns,
by the Air Force of a large, new
Boeing Airplane Co., is of major
.
I
income
Com.
approximate the $45,000,000 gross sales last year, T.
President, told stockholders on March 15.
said:. "From the standpoint of future business, the recent award
and
of
'.".'I
(W. &Ji) Sloane, New York-^Change in Goptrol
$12,793,275,126,443,217 $26,034,818
$12,929,935
revenues
Net
Hold—
very
closely
Claude Ryan,
He
178,
1955—Mbnth—1954
period End. Fjgtr.281—
Gross
Net
of
above.—V.
Corp.
Seaboard Air Liner KR:—February
181, p. 1316
volume
Electronics
Etsiu
See
shares
in accordance with
outstanding
Ryan Aeronautical Co.r—Business Volume to
Business
—V.
Sloane's
998,810
'yy.
to
of this offer,
up
•acquisition
2,378
713,920
railway——
oper.
stock
not owned
step
31
■„
amounted
common
convertible
employees.
^
.
to
314%
amended
according to Henry M.
fiscal year,
1954
the
.
drive
issued
and
acquired
were
49,743
31,732
railways
Net. from
:
♦18,093
—
oper. income:—
J'&n. 1—
From
1952
♦$352,345
♦$361,504
railway
railway
for
$3,000,000
intensified
of--1955
§Excluding 691,703 shares held in the treasury of the company,1 arrdl
shares subject to options granted by the company under its
past four years, rising from $1,000,000
in the
mofcths
two
£>cc.
«•'*;»
420,335
equipment,
♦$483,116
1955
from
Gross
to
three-fold
industrial
of
makers
Industries,-Inc.,
authorized
the
company
112,298,832 shares of
sales was recently launched by the
company,
which produces industrial ovens, mechanical washers, dust
and fitme' eliminators, spray booths and finishing systems for the auto¬
motive and other metal-working industries.
The aim of the program;
according to "Mr. Margolis, is not only to expand present markets, but
to open up new markets for the company's products in the aircraft and
chemical industries,
"■/
■% .% •'•/..%•"Z^
Rutland Ml.—Earningsln53
1950
An
increase in effect
installation or a
-$468,085
Schmieg
Margolis, President.
profit, despite the
1954
of
have increased
palletizing system id'thfe company's bottle warehouse and the elimina¬
tion of the aforementioned unprofitable operations.—V. 178, p. 257b.
February
all
the
above
...
,
Linder
Mr.
tlf
/.;
-
first
the
of
as
*?»—
.y
oifer, this amount would be eliminated.
since
Schmieg Industries, Inc.—Sales Tripled in Four Years
unable
prolonged
operated
been
during
*■
$18,131,500.
by
direc&jiT has
each
flights a week in
Nov. 15.—V. 174, p. 1500.
Knickerbocker sales increased when competing brew¬
to sell their product in our marketing areas due to
1953
in
were
starting April 19, It was
Vice-President, Traffic and Sales,
(-Conversions
to $2,234,228
debt amounting
■ *"
_
•
and
manufacture
the
discontinuing
figures;
this
cargo, space,
Kraemer,
Two
Ruppert ale, another unprofitable operation; discontinuing the
Knickerbocker beer in several distant and unprofitable areas,
of
sale
the
in
Included
and
passenger
service between Los Annies
flights a week, in
direc- '
announced on Marcl^ ti by Warren
tions,
E.
whose sales figures weie
company's unprofitable Norfolk, Va., brewery
for
corporation will increase its trans-polar
and Copenhagen and all Europe to three
$1.67 per share on common
to
demand
increased
Because, of
miscellaneous long-term
Service—
Scandinavian Airlines System—Polar Route
Citv-^?f5f;nings Higher—
Ruppert, New York
President, on F^.t©
(Jacob)
•
share
',-,$16.72
-
____:
$37.88
-•
$16.27
$37.67
i:
The
to
oni
intere
Pro
applic
to
thi
compt
P.
23f
1
r
r
1954
1953
1952
:
$285,789
$234,433
$238,721
84,044
97,608
39,858
tfet ry. oper. income—
57,813
47,310
46,114
14,466
533,220
430,567
447,801
399,593
219,533
130,600
153,753
62,321
70,073
27,920
railway—:
from
vj <Jet
From Jan.
from
et
i let
oper.
ry.
j _V.
181,
p.
181,
1358.
income—
1080.
investment
EC
March
on
jar,
to
1955,
22,
deductions
Federal
before
services—______
income
$4,862,501
143,551
tax__—_
provision for Federal income tax
2,489,927
$4,842,811
145,429
1,200;400
73,300
$72,129
(A.) Stein & Co.—Net Profit Lower—^
previous
year,
sales
during
the
In
Texas
first half,
179, p.'1375.
year.—V.
in
resulting
loss
Industries
Inc.—Acquisition—
Texas
from
ry.
showed
60
of
table
21-inch
of
2"
Vision
>1'
models,
console
and
incorporate
which
and
deluxe
the
series,
Based
the
1
both
ry.
Gross
Net
7
distributor
to
March
on
that
23
Sales
Motors
raido
Chicago
the
Net
and
Chemical Corp.—New
Sun
at
manufacture
The
largest
production
181,
This
the Dainippon Printing
under
in
of
to
inks,
printing
return
a;rnew
oil
set
March
on
to
stills
vi
-I
for
royalty
1
1954
85,930,000
were
year
barrels,
04
34
55'
1
51.
34
47
77'
24'
stock outstanding as
49)
41
consolidated
the
subsidiary,
Division
Dr.
' -;
v.
•
*.•.
•
Sun
did
Ship's
results
$10,260,000
Herbert T.
the
Kalmus,
consolidated
corresponding
first
$6,319,015
-
9,763,602
1,257,324
9,589
786,467
52,599
48,000
$1,804,458
16,950
507,222
$405,752
$1,293,882
$1,024,984
taxes
576,003
___
1
income
Net
requirements for period
—V.
181, p.
1,228,864
Generrl
and
the
Technicolor
on
quarter
of
1954.
Average
income, were 29 V2 cents per
Bonds
Power
announced
(Techni¬
companies
quarterly earnings for
share.—V. 180, p. 1376.
Lake
City, Utah—To Sell
Privately—
issuance
asked
has
company
of
$850,000
company, proposes
one
Salt
Co.,
institutional
buyer
the Federal Power Commission to authorize
of 3%%
30-year first mortgage bonds.
to
sell
at
a
the
price
new
of
series,
101,
or
dated March 1, 1955,
$858,500, plus accrued
interest.
in its
application, to pay short-term bank loans, to defray expenses incident
to the financing, to finance new construction and to reimburse the
company's
treasury
for
former
construction
expenditures.—V. 143,
Proceeds
p.
2386
and
from
V.
the
144,
sale
p.
will
292.
be
used,
Telluride
Power
states
Jan.
/
program.
4,200-acre
a
marketing
'
areas.
1955 in support of the
for
the
end
180,
natural
natural
of
reserves
program.
,of crude
liquids totaled 553,800,000 barrels, wljile
amounted
to 2,182
billion cubic feet.
the year Tide Water's
of
|oeen
expenditures of $127,000,000
report added that capital
gas
gas
net proved
resources
2742.
p.
Alsop has been elected a director of this qompany,
of fan blades and blower wheels and also
spring making machinery and auxiliary roill equipment.
Mr. Alsop is President, Treasurer and Director of the Hartford County
Mutual Fire Insurance Co., Hartford, Conn.
He is also Treasurer and
Director of the Connecticut Valley Mutual Hail Insurance Co.—V. 180,
DeKoven
is
leading producer
a
manufactures
1,172,397
1081.
Capital
p.
Non-Textile
in
Diversiifcation—Net
.
'
1879.
,;/J "
'
'
;
Working
-Earnings Up Sharply—
Trans World Airlines, Inc.Calendar
following
The
Feb.
"On
Mills,
merger
American
of
•
and
Co.
<
elimination of unnecessary duplication.
Progress has
disposing of idle' properties and in reducing the losses
recently acquired plants. Plahs have been completed to concentrate
in
production
in
lowest cost
our
plants and
to
"It
other
the
and
under
way
are
acquisition
of
diversification.
several
eliminate as
important
profitable
well-
.
not
appraisal
American
7%
Woolen
Common
Mills,
Preferred
—
Shares
2,295
290
24
3
—•
—
'
9
..
598
■
series
stock
2,695
3,321
10
A
;
6
____
preferred series A
4%
preferred
1,800
None
None
7
None
None
preferred-—
4%
—_—
series B
600
3
initial
Textron
American,
share payable April 1 to
excluding dissenters, has been
per
Inc.
common
stockholders
of
of
dividend
record
of
ten
cents
March
21,
declared by the directors.
Since the
capital position is now strong, dividend policy
will be governed primarily by future earnings."—V. 181, p. 963.
company's
B.
Smythe,
made
President,
to purchase
on March 24 announced
that a proposal
the inventory and plant of the 73-year-old
approximately 86,000 square feet of floor space. Ample space for ex¬
pansion exists if this should become necessary later, said Mr. Smythe.
Thew Shovel now operates plants in Bucyrus and Elyria, Ohio.
Its
plant is at
Dixie Crane
Lorain,
Ohio.
& Shovel
Co.,
Thew
also has a majority interest in
of Harrisburg, Pa.
would complement Thew Shovel's
shovel and crane industry, which currently is
Acquisition of
the power
Corp.—Registers With
corporation
a
f-caves
since
1951.
underwritten by a group headed Jointly by
& Webster Securities Corporation.
of
the
new
preferred,
together cwith a
$60,000,000 bank credit recently arranged, will provide tt>e xoinpany
with funds to linance the major part of its
1955 construc(ipp pro¬
The
offering
White,Weld
&
expansion
from
later
date
stock
and
and
is
operations will provide the balance of funds for
to cost $83,000,000. The company plans (o repay
with
cash
proposed
to
with
from
proceeds from the sale of bonds at a
future operations. No add)tiopal com¬
issued
be
in
connection with this program.
interstate pipe line system for the transportation
gas
extends 1,842 miles from the Texas and
natural
of
Louisiana
Stone
bank loans
company's
sale
be
and
the 5 sale
estimated
temporary
mon
will
Co.
from
Cash
gram.
Gulf
Coast to the New York-New Jersey-Philadelphia
Byers
operations in
having a sub¬
metro¬
present allocated capacity of 565,000.000
1955 construction program is expected to
provide, an additional 130,000,000 cubic feet
per
day of allocated
capacity by the 1955-56 heating season, bringing the total allocated
system capacity to 695,000,000 cubic feet per day, exclusive of gaspolitan
cubic
and has a
per
day. The
area
feet
available
from
storage.—V.
181,
1359.
p.
i.
Oil
TXL
Corp., Dallas, Tex.—Reports
Earnings—
,
quarter of its
operations (Dec. 10, 1954 to Feb. 28, 1955) is reported at $692,363
(12/4c per share) after provision of $498,900 for estimated Federal
The
Co.—Proposed Acquisition—
Machine Co. of Ravenna, Ohio. Negotiations are now underwav
to
acquire these properties for a price of approximately $1,000,000
in cash from a Cincinnati group headed by T. L. Warschauer.
Byers
would be operated as a wholly-owned' subsidiary of Thew
Shovel under the name of Byers Machine, Inc., said Mr. Smythe.
The Byers plant occupies two city blocks with one building having
maip
3,333,121
.$1.52
on March 29 announced that it had fil^d wi^h the
registration statement covering a proposed offering'(f»f l5p,O0C
of cumulative preferred
stock (no par-stated value $t00 ,per
share).. The dividend rate and offering price will be filed later by
amendment. This wij be the first public financing for tt)e ijqmpany
SEC
net
income
Byers
The
'5,064,392
Exchange Commission—
net working
Thew Shovel
been
10,336,132
3,336,546
$3.ip
;/;*
1358.
Securities and
The
Incorporated:
$1.25 convertible
"An
p.
181,
.
^
Transcontinental Gas Pipe Line
the
Inc:
Common
Textron
—v.
share—.
per
Proceeds
Holders
Co.:
prior preference stock
cumulative preferred stock—
Robbins
(after taxes)
outstanding
stock
of
Earnings
The
capital in textiles
Negotiations are
No. of
$4
Shares
soon
previously perfected have now expired.
only demands of shareholders in the three constituent companies
shown below:
<
'
"All
The
the
for
non-tfektile
in
half
businesses.
rights
managed
203,671,295 $87,220,806
revenues
and
practical all marginal units.
is our Intention to employ one-half our total
as
Gross
Net earnings
*
Robbins
Textron American, Inc. was completed.
Substantial
already been effected through consolidation of textile
have
made
been
'
Little,
Royal
by
31
Woolen
into
Inc.
operations
of
the
24,
r$
$
statement was issued on March
Board, to all stockholders:
the
of
Chairman
,1953
1954
Year—
Capital Position Strong—
textile
Manager,
1954,
9,
Torrington Manufacturing Co.—New Director—
$8,162,134
Textron American, Inc.—To Employ One-Half of Total
from
President
stock. (A 10.52c preferred divi¬
10, 1955 period.)
a qqn-
preferred
the Dec.
particularly
of
John
$3,334,531
$8,900,742
Balance
end of
the outstanding preferrred.
on
expansion
—V.
2,198,498
$10,129,606
Preferred stock dividend
the 10,937,591 shares
the year. In the previous
share on
per
the
652,146
2,498,282
:__
to $3.13
cumulative
oil condensate and
$12,627,888 $11,532,022
(net)—.—
ended Dec. 31,
1953, according to
year
Staples, President, enumerated steps taken to improve the
earnings and values through a long-range modqrniza(jpn
T.
which
more
earnings of
paid
At
$12,051,885 $10,879,876
income
the
per
budgeted
30,676,961
29,024,558
in
stockholders.
share earnings on the common in 1954 wej^ higher
tlian they would have been (a) if the number of outstanding common
shares had remained at the 1953 level, and (b) if $1.20 per i$Lare ^nd
$41,076,443 $41,556,837
revenues
to
outstanding at
$1.20
The
1954
1955
report
earnings came
stock
paid for
western
Co.—Earnings Higher—
Feb. 28—
deductions
Co.—Earnings, etc.—
$34,547,000
to
They included (1) an aggressive exploratory
offshore from Louisiana and Texas; ,£2) ^elec¬
site near Wilmington, Del,, for a new 130,000
barrel-per-day refinery scheduled for completion by late $956; ,(3)
a
go-ahead for enlargement of catalytic cracking facilities .pnd Con¬
struction of a large fluid coking unit at the Avon Flying A Rpfipery in
California; (4) placing of orders for six super-tankers totaljfmg 290,000
deadweight tons; and (5) a marketing expansion calling for Ahe qqdition of
hundreds
of
service
stations in Tide
Water's eastern ,jmd
18,340
493,626
annual
was
tion
$1,550,546;
252,888
amounted
new
a
and
179,993
185,850
9,141
$581,912
____
etc.,
stock
shares of common
company's
$1,370,553 C
$1,618,608
"
1954
sequence,
been
1081.
(net)__
Oil
Water Associated
earnings
dend
*
967,117
925,791
**
$367,781
246,248 •>
__—,____
operating
Co.—Secondary Offering-r-A
300,000
906.
p.
common
of
9,193.081
448,624
-
$837,749
___
income
#
earnings were $2.89 per share on the 12,793,618 shares out¬
standing on Dec. 31, 1953.
*
The company distributed 639,681 shares of common stock as a 5%
stock dividend last June.
In December, it retired 2,495,708 .common
shares
which had been exchanged
for a similar number pi .shares
1955—2 Mos.—1954
4,828,439
612,829
deductions
181, p.
was
firm,
year,
$6,293,447 $13,047,403 $12,935,739
86,554
C.
to
of
Operation—
1955—Month—1954
32,881
has
Telluride
The
27
36,411
______
Other income
*w
for the first quarter
of 1955, after taxes on
income, are estimated to be 36 cents per share.
This compares with 19 cents per share after taxes on income for the
the
.81
58,508
Common
The
10
31,148
$581,227
income
.
was
company's
net
$661,377,000,
The company offi¬
& Dry Dock Co.,
Technicolor, Inc.—Quarterly Earnings Higher—
to>
;9S
107,643
-
-
that
r
191,132
155,897
$744,868
Net
totaled
company
the consolidated figures, the
business than in 1953, despite a
product price level," they said.
The report emphasized that Sun Oil Co. was in stronger financial
condition on Dec. 31, 1954, than a year earlier.
"Long term debt was reduced, the Federal income tax liability was
almost wholly funded, and the liquid position of the company was
improved during the year."
Expenditures for expansion and
modernization of facilities, and
exploration for new sources of oil in 1954 totaled $93,700,000. Of that
sum, $29,600,000 was spent as intangible development, costs to increase
the
company's production
and underground
reserves
of crude oil
and natural
gas.
The balance of $64,100,000 was used for capital
expenditures for plants, equipment and facilities.
Messrs.
Pew
and Dunlop
stated in the report that in 1955 Sun
plans capital investments at a level above those of 1954.
During the year, total .cash dividends of $8,073,335 were paid to
stockholders.
Common
stockholders'
equity,
including earnings em¬
ployed in the business, increased from $378,000,000 at the close Of
1953 to $410,300,000 at the end of last year.—V. 181, p. 549.
,vElifn1matmg
1954, after taxes
37
224.651
110,740
142,654
Operating expenses and
dollar of
full share
a five-for-
ir-
;9»
170,721
198,570
income___
income
capital
compared with net earnings of $36,952,000 in
The
oper.
ry.
savings
of
of
than .700
more
5.7%
he-
ire
22,396
26,750
Operating revenues
pay¬
color, Inc., and*Technicolor Motion Picture Corp.)
84
<12,535
247,818
Texas Power & Liffht
split.
wholly-owned
62
53:
67,719
Net
1954,
the
'12 Months Ended
6®
02
65,523
income.
T*
6.12
cents
on
each
return of $4.17 per
of Dec. 31, 1954, following
"
through
'
$109,658
81,799
26,125
Net
lower
38;
$117,521
47,783
1358.
Fixed charges
.
and
181,
Tide
$78,078
87,780
409,032
was
$10,849,000 under the previous year.
attributed this deeHne
to Sun Shipbuilding
cials
Oil
1952
$111,605
26,888
Misc.
31.
in
amounted to
represented a
earnings
income
decrease
a
Last
1953.
income
stock
Gross
a
in
1954
common
-fbur
08.
1953
program,
in
record
1953.
The
57
1954
465,311
Total
Far Eastern market.
Sun to furnish technical
Dainippon, one ol Japan's
in
gasoline-
introduced
Ry.—Earnings—
accruals..—
Gross
1954
employees
crude
than
operating
of
Corp.
share.
______
oper.
tax
Other
the
for
provides
know-how
recently
a
made on March 28 by Union Securities
and Keith Reed & Co. and associates at $7 per
It was oversubscribed and the books xlosptf.—
$1)
D.
the fifth consecutive year that
annual sales records have been broken, the report stated.
Net consolidated .earnings of Sun OjI Co. anu subma.aries last year
totaled
$40,344,000.
This was a decrease of $4,810,000
or
10.6%
){J;
39'
of
greater
57
'
Thomas subsidiary
new
(par
Co.—Earnings Lower—New Records Set—
and
Runs
15-
2,259,595
expenses4,469,119
1081.
p.
company
holders
12:
2,597,012
income
181, p.
Net
crude oil runs to
refinery stills and marketed the largest volume of petroleum products
in its history, Joseph N. Pew, Jr., Chairman of the Board, and Robert
G.
Dunlop,
President,
announced in their annual report to stock¬
>7
1,501,240
railway
railway
Interest,
Sun Oil
)9-
;980,003
revenues
Licensing Agreement—
products for
specifically
and
manufacturers
ments.—V.
ie-
7,655,639
Jt. facil. rentals (net Dr)
Kelvinator
Ltd.,
Co.,
Chemical
Sun
agreement
information
*1
8,460,552
1955
oper.
ry.
Ry.
for
of Tokyo, Japan,
was
announced on
Under the terms of the agreement, Dainippon will be able to
Manufacturing
as
dealers.
secondary offering of
become
licensing agreement between this company
March 30.
if
5,567,118
from
—V.
A
4,814,590
V
successful
a
Ink
/
Operating
the factory branch, effective March 28.
close the company^ Chicago sales utfice, which has
operation for more than 25 years, came after months
consideration and study, according to Mr. Hunt.—V. 180, p. 2341.
of
*
1,294,927
'
Texas & Pacific Ry.—Results From
to
decision
The
been
well
as
Three States Natural Gas
.1,175,312
Period End. Feb. 28—
previously served by
area
saws
construction at Hopkinsville, Ky.
24,855,410
266,985
Operating
the authorized
television products in the
will
Corp.
pneumatic
3,885,071
25,379,242
railway
from
—V.
Panoramic
merchandising plans
the
'<
1952
V
21,639,844
'•
»
.
railway
from
ry.
Net
be, a record-breaker for Stromdivision, Mr. Hunt predicted.
Stromberg-Carlson
of
and
date
radio-television
American
of
1953
4,165,241
1955 should
year,
announced
Hunt
Mr.
Division
sales
7
1358.
p.
from
Net
com-
features
performance
new
1954
2,612,009
552,025
..
income
oper.
181,
and
,
RR.—Earnings—
Equip, rentals (net Dr)_
the
of
balance
berg-Carl ,on's
6.
of
television
on
of
founded by John Winthrop Wright
York. The latter,
is also interested financially' In
Thomas Industries.
It is understood Mr. Wright will continue-to be
closely associated with the Wright company.
Thomas Industries plants are ljcated at Fort Atkinson, Wis.; Los
Angeles, Calif.; Princeton, Ky.; and Sheboygan. A new factory is under
The
V.
attractive prices.
)6.
five-year-old Wright,
pany
From Jan. 1—
ff year, according to C. J. Hunt, Vice-President in charge of the
line
the
of
also manufactures air lines oilers.
Wright products are distributed nationally
The
Louisiana,
Texas,
20,387,373
railway____
railway—
Texas & Northern
p pany's radio and television division.
J
This substantial increase in unit sales is due to expanded distribution
"^resulting from the fine acceptance of Stromberg-Carlson's standard
18.
in
2,430,839
February—
of 38% in television unit sales
compared to the same period last
1955,
figures
sales
powered model with an exclusive reciprocating blade arrangement that
is
said
to be capable
of felling full-grown trees in as little as 12
seconds.
The new saw has a total weight of only 24 pounds. The com¬
$10,074,617 $10,382,994 $12,356,793 $12,363,039
income—
oper.
from
—V.
increase
an
days
plants
1955
railway
railway
from
Gross
company
31
Orleans
From Jan. 1—
Gross
Stromberg-Carlson Co.—Television Unit Sales Up—
the " first
New
&
from
Net
a
This
has
now
February—
Gross
Net
Investing Corp., New York, has been
See de¬
during
fixtures had
production at
Conn., and J. H. Whitney and Co., New
completed, all of said shares having been sold.
tails of offering in V. 181, p. 963.
y
rising
venture
pleted—It* was announced ont March 25 that the public
e
steadily
well-known
offering o& 500,000 shares of class A stock at 50 cents per
share by General
the
of Fairfield,
Offering Com¬
—
and
subsidiary of Thomas Industries, Wright will continue the manu¬
facture
concrete, concrete masonry units
pre-cast structural concrete elements.—V. 181, p. 415.
V v
-
Net
Stewart Uranium Drilling Co., Inc.
maintain
As a
producer of ready-mixed
Net
for
machinery
of
transfer
the
western
volume
of
that
distributors and
»
modest
a
said
Thomas
Oklahoma
and Kansas.
The company is the nation's largest producer of Haydite
expanded clay and shale lightweight aggregate, and is a leading South¬
not sufficient to entirely overcome the decline
was
the
Conn.
Stratford,
Corp.,
already begun and that the company expects to be in full
181, p. 963.
lightweight aggregate from raw clay by the sintering process.
product has been sold under the trade name "Lite-Wate."
This company Reports a net profit for the year 1954 of $863,244,
equivalent ta $1.83- petf share on the outstanding^ common stock. This
compares $6 $2.l4£per share for the year 1953, A. J. Freiler, President,
stated in the annual report to stockholders.
The ihcfease jn'spes during the last half of the year, compared to
the
& Tool
Sheboygan by May 1 without interruption in shipments to customers.
Thomas Industries,
already well entrenched in the home lighting
fixture field and in the manufacture of spray equipment, expects to
$8,121,820
of
provision for Federal income tax required in that operating
income did not exceed the estimated loss on disposition of machinery
and equipment at the Kansas City Flour Mill
and before operating
loss carryover from previous years.—V. 180, p. 1375.
v
Louisville, Ky.—Acquisition—
Power Saw
is located.
1,137.244
$9,115,881
.
Wright
subsidiary
of Thomas Industries with all manufacturing facilities transferred from
Stratford to Sheboygan, Wis., where one of Thomas' five factory sites
$9,259,064
requirements for period
the
Hereafter, he added, the Wright company will operate as.a
Ralph B. Rogers, President, on March 26 announced the acquisition
by this corporation of Mineral Products Co., Kansas City, Kan.
■The Mineral Products plant was built in 1951 for the manufacture
°No
1
that
Purchase price was not disclosed.
2,280,738
$10,316,281
—
Texas Industries,
■>
——____
ruumng
are
year,
company.
$143,551
——___
profit
Net
Sales of cpmmercial
suostantiaily ahead
Smythe.
Mr.
last
Thomas, President, announced on March,26 that this company
purchased
Mr.
1955
1954
had
$12,706,208 $11,539,802
(net)
'
said
this year,
period
Thomas Industries Inc.,
375,197
51,963
___;
Preferred stock dividend
Co.—Quarterly Earnings Up—
from sale of goods and
income
operations,
corresponding
Lee B.
30,446,451
$12,654,245 $11,164,605
;___
income
etc.,
1954
1955
33,098,732
revenues
Balance
Months Ended Feb 28—
in
he continued, adding
prospects lor 1955 suggest further improvement.—V. 180, p. 1656.
the
of
$45,777,977 $41,611,056
______
income
Net
with
—V.
Profit
income
Interest,
for sale at $10 per share.
Standard Milling
Three
operating
Gross
the
stock, $5
filed a registration statement
covering 19,997 shares of common
company
offered
be
28—
revenues
Securities and Exchange Commission—
sters With
This
Net
Other
p.
Co.—Earnings Up—
Operating expenses and taxes__
Springfield Securities Corp., Springfield, Mass.—Reg-
1
Months Ended Feb.
12
Operating
railway
railway
Service
Electric
Texas
1—
from
ross
i
above.—V.
76,880
93,023
Merritt-Chapman & Scott Corp.
$190,493
129,090
fjjbross from railway,
pickup
size power shovels, thus far
See
1955
February—
5
stantial
Tennessee Products & Chemical Corp.—Exch. Offer—
International RR.—Earnings—
Spokane
i
57
(1605)
Chronicle
Number 5417... The Commercial and Financial
/"olume 181
tax,
and
of
the
of this corporation
according to George A.
income
The
rentals
tion
income
for this period
for the first fiscal
Wilson, President.
is derived
entirely from oil and gas
lease
production royalties on properties acquired upon organiza¬
company.
Operations for the first quarter do not reflect,
operating expenses expected to be incurred in the drilling pro¬
which the company has inaugurated, nor normal administrative
normal
gram
expenditures to be incurred when the company has been staffed for oil
operations.
Neither does the income for the first quarter reflect any
results of the drilling program which has been inaugurated.
The
the
directors have
absence of
'■•able
p.
550.
a
deferred
and
dividend polioy in
deiermination
requirements. V. 181,
action with respect to
sufficient operating
expenditures
history to permit a
working capital
The Commercial and Financial Chronicle
58
Monday, April 4, 1955
...
(1606)
124,667 shares of
Made to
Power Co—Offer to Be
Union Light, Heat &
Cincinnati Gas
See
Union Oil
Union
See
Sulphur
Oil
&
expire
below.
Corp.
annual
states
several
in
Saskatchewan.
and
development
and
,
.
The
acquisition
the-/primary objective of
fiftfl. r
r»
'
690.
p.
of
^
„
•>
'
United Canadiaii Uraniutti Ubrp.
in
'
"
■.
.
■
Net
operating
per
2,744,226
10:30
a.m.
(CST)
the
VC Lim(
on
purchase
April l~
due
will
applied,
to the extent of $5,500,000
and the balance used for construction'
be
1,469,000
$1,441,226
the
1954
$1,675,178
487,518
478,538
$2.96
$3.50
share—
'
'
to
■*"
which
Western
company on March 30 filed a registration statement with tht
covering 57,000 shares of its $10 par common stock. The company
proposes to offer its common stockholders the right to acquire addi»
SEC
tional
ing
—
the
dally,
report disclosed.
production was due
underwriter.,,,
financing will
the
additional
one
share
subscription price
amendment.
Dean
and
for
cmrol
each
underwrit-
Witter
&
Co.
h
of
proceeds
farr
"
be
the
in
used
,
/
„
Western
principally
Products
Corp., Medford;
Securities and Exchange
Ore.
wa
Files' With
19*
Commissloh
-
The
corporation dh March 23 filfecf-a".lettbr' d{ notificationiwith the
SEC covering 2,990 shares Of common stfofck tO "be offered at par ($100
2C
per share) through Bernjutf
fat tlite Company. The
proceeds are to be used to xriakib a dbwil paynierit on a plywood plant
and for working capital.
• v-v. .
v
-
•
wa
19*
ega
Eft die;
...
Western Union Telegraph
i
'))
Science
Fund
000,000
Periodic
shares;
ing shares of
vestment
Plans
(without
Accumulative
United
Plans
Accumulative
(with
Fund;
insurance)
Fund.—V.
131,
and
Net
income
applicable
to
based
the
on
However,
$2.10
to
1954
to 33
income
retirement
of
the
of
stock
this
of
with
for
company
$2.24
share
per
1954
in
plan
cents
be
share,
per
plan
will
a
connection with
incurred in
for employees,
borne
by the
effective July 1, 1954.
and financed by
company
payments made from time to time to the trustee.
Dividends
Mehihaiitville; N. J.—Files—
March 17 filed
on
letter of notification with the SEC
a
paid
in
1954
the
on
For
to
the
$1.80
were
share
per
Before
Angeles
for 23
These figures are reported in the annual report
now being mailed to stockholders.
utility plant amounted to $85,990,748 at Dec. 31, 1954: During
construction expenditures for all divisions (excluding the Philadel¬
and
amounted to $4,728,220.
Expenditures in 1955 for capital purposes, to keep
for
to
service
be
and
to
produce
further
operating
March 28 announced the election of S. C. Prusky
this
he
Vice-President
was
previously
was
the
of
with
associated
the
bf-1954,
estimated
are
Owl
Drug Co.
Whelan
Drug
operating revenues (excluding Philadelphia Gas
$23,281/907, an increase of $1,279,347, or 5.8% over 1953.
/Operations
of
Philadelphia
gains in gas sales
gain
of
8.5%
and
Gas
Works
Division
Revenues
revenues.
increased
1953.
Capital additions
amounted to $10,417,486.—V. 180, p. 1816.
over
of
Works)
to
this
were
$46,137,993,
profit
charging
for
off
compared
the
ended
year
depreciation
to
division
in
1954
net
a
and
profit
Dec.
31,
1954,
amortization
for
1953
of
the
in
$G,832
was
$5,294
stun
(after
of
(after
$9,943)
charging
off
in the sum of $4,510).
Ore production from
the com¬
during tire year was 60,622 tons with a total gross
$386,775 and an average per ton value of $6.38 as compared
with 32,483 tons with a total gross value of
$282,666 and an average
value
properties
of
value
ton
per
of
$8.70
in
stock,
will
be
Co.,
until
12
The
of
said
all
4,230
of
the
The
New
for
sale
otherwise
successful
York
bidder
Baltimore
or
the
for
by
the
$29,688,752 $29,216,176
of
No.
the
will
be
stock
shares
of
the
National
Bank
Baltimore
constitute
otherwise
directors
required
the
have
3,
aggregate
14,
from
the
1955
and
stockholders
April
livery of certificates for said shares
payment therefor.—V. 179, p. 1376.
11,
of
for
pay
1955,
stock
at
will
said
shares
which
be
time
made
in
de¬
against
in
Board,
Securities
the
in
March
Ward
Mr.
Plywood
also
V.
on
acquired for
181, p. i486.
the
and
March 28 its
NASD
to
These shares will
members
carry
a
April 12, 1955.—V. 181,
p.
was
85
cents
per
claims
have
revealed
that
been
acquired
in
Canonsburg refinery of
mill
ore
of Vitro
Vitro Rare Metals
Co.
Utah
Atomic
The latter received
Commission subcontract.
Energy Unit—
and
Walworth
This
times
in
SEC
U.
Corp.
above.—V.
W.
Belz,
valves
estimate
for
cents
25
is
President
and
of
fittings,
the
181,
p.
after
net
income
taxes,
quarter
2.7
that
operations
is
and
which
preliminary
approximately
interest
stock.
and
manu¬
earnings
$350,000
This
Gro:s
Net
Net
from
from
ry.
railway
per
quarter
of
Total
gains
sales
operations
Mr.
Belz
said,
the
same
the
over
during
income
in
the
resulted
share
per
of
tax
oper.
1953
before
to
all
other
or
about
$37,000
rest
estimated
are
1954
period.
the
of
at
$10,500,000
Prospects
year
further
for
excellent,
are
an
he
in¬
$71,989
$166,328
*33,236
*33,611
4,509
*30,328
*4,763
income
Net
from
Net
ry.
oper.
14,943
*44,156
228,359
in
a
year
consolidated
1954,
net
loss
of
after
common
reflecting credits
181, p. 794.
carrybacks.—V.
$34,896,679,
were
$656,986,
received
while
48 cents
or
from
Federal
165,558
215,825
E.
Driscoll,
President
votes
assents
into
and
President
of
The
of
this
Lambert
favorable
to the
corporation,
Co.,
and
announced
on
■"Deficit.—V.
181, p.
*41,316
*55,508
*19,082
T.
T.
24 that
proposed merger of The Lambert Co:
Wamer-Hudnut,
of
Inc., representing stock in excess of the requisite
two companies, have been received.
meetings called to act on the proposed merger are
March 29.—V. 181, p. 1359.
each
of
the
stockholders'
on
Warren-Bradshaw Exploration
Co.—Earnings Rise—
Year Ended Dec. 31—
Operating
1954
income
1953
$8,246,470
a
$8,017,888
6,964,411
Norman
3,824
1250.
Co.—Stock Subscription Agent—
The
Guaranty Trust Co. of New York has been appointed
Issuing, splitting,
grouping
and
transferring subscription
connection
with
an
offering
by
the
company
additional
an
filed
29
registration statement with the
shares of capital stock.—V. 180,
Wasl
a
200,000
:
»
M
larict
No
The
corporation
March
on
filed
11
letter
a
notification
of
with
the
»ond
SEC
covering 133,000 shares of common stock
(par 10 cents) to be
offered at $1.25 per share through E. E. Smith
Co., New York. The net
proceeus are to be used to build a goif course.
Wilrieh
Petroleums
With Securities and
bo
p.
Ltd.,
Toronto,
Canada—Registers
Exchange Commission—
\ndri:
9 11
agreed
to
sell
to
Wilrieh
certain
interests in
producing and,
non-producing oil properties in Wyoming and Kansas in consiutration!
of
the
assumption by
Wilrieh of certain liabilities in the amount
of
$70,000 ior casing and production equipment in
respect to two
wells completed on a portion of the
Wyoming properties and of thefurther assumption by American of its
liability for the drilling of two
shares.
wells,
The
American
be
of
as
it
to
which
said
price,
Toronto
gated
has
now
consideration
or
the
be
thereof
part
ordinary
for
Jan.
the
from
in
and
'ablf
Ink
the Toronto
of
its
on
which
Stock
4,587,617
books
$1,579,763
ty. L
id &
and the
shares aggre¬
shares;
outstanding
ih
paid
was
to
its
agent for
rights
in
stockholders
of
1
Exchange.
common
such
for
<
lase
such
sold
on
income
909,723
$348,202
$113,373
23,950
Dr4,102
$372,152
cash.
ist.,
ond
this company are presently at a
good level and indications
are
that this improved condition should
continue, John T. Whiting,
FTesident, stated in his annual report to stockholders for the year 1954.
bui
urit
Sales will be increased
by the addition of the company's new cold rolled
mill which went into
operation around the start of 1955. The cold mill
H. 3\
opens up a whole new field of customers in addition to those who have
purchased the company's hot rolled products, Mr. Whiting stated.
The company for the
year ended Dec. 31, 1954, reported net sales and
other income of $36,247,726 on which the
company earned a net profit
gele
ce 'I
0%.
$1,246,251, equal, after preferred dividends, to $1.42 on 656,053 com-.'
mon
shares outstanding at the year-end.
In
1953
sales and other
income
ferred
52,246
Cr52,877
Crl52,369
was
$59,950,833
and
dividends, to $4.63
The
company's
result
a
charges
to
the
amount
added
for
were
State
income
taxes
(net)
Net
income
Dividends
paid
$345,828
on
$209,394
40,000
40,000
$0.32
$0 18
preferred shares
Earnings
per common
share
178, p. 300.
At
the
end
stand
tandem
in 1954
Pennsylvania income £
for
Federal
and
retained
earnings
of
the
company
$1,002,739
for prior
Gas
Light Co.—Stock
130,041 shares of
common
common
stockholders
share, 121,116 shares
maining 8,925 shares
of
were
were
Subscriptions—Of
stock which
record
March
subscribed
sold
by
were
7
at
been
of
spent
the
$6,782,500
the
on
facilities
annealing furnaces,
temper
and
1954
new
181,
ust
n
re¬
underwriters,
headed by The First Boston Corp. and
Johnston, Lemon
& Co. at $40.25 per share. See
offering in V. 181, p: 1250.
Fr
let ii
made
f0ll(
2235.
* 3b,U(J
Seattle, Wash.—Files—
2,00
the plate mill—V.
180, p.
i9d
per
for, and the
B;
■
expenditure during that period—$11,493,000—was
included the construction and equipping of the company •
Cold Mill and modernization of
j-)(
,
^
pass
annual
j
Bond
authorized by the J
comprising a four-
offered
$38
the
mill,
$6,494,000
Los
s^a
^
.
in
Washington
1954
prov
approved by the government
mill and accessory
equipment. The Plate Mill was completely modernized during the latter 1
part of the year at a cost of approximately $3,060,000.
According to the report, this company during the 10-year period from g
194$,>•through 1954 spent a total of $45,322,000 on new property ana
equipment most of which was financed' from retained earnings.
The £
highest
the
of
boai/d-of directors had
sive
equal,
$3,213,690,
1950 and 1951 have been reduced by
to
Apr
after pre¬
624,812 common shares then outstanding. 2
refund of Federal income taxes for the ^
income
taxesAfor the years 1949,
and
income
net
on
claims
yea$b;A?49 to 1951, inclusive,
$109,171
79,201
income
and
F
re.
desires to<
time to time
it
trading;
of
course
ids.
by
$455,000.
distributing
of
nevertheless
Ui
no
common
purchase
the
intention
acquire,
some
outstanding
shown
$1,795,856,
thus
1,000,000
for
shares
common
present
no
of
provides
Is
)ril 1
Stock
reflected
as
American
[is, P
from time to time by American on the
Exchanges at the then prevailing market
underwriters or selected dealers at the prevailing
through
price
to
1,000,000
may
in
would
and
or
it
shares
determine
shares
American
market
issue
additional
an
sell
may
the
the
agreement further
American. has
shares
free
and
purchase
Although
common
6,994,7.92
933,857
Operating expenses and taxes
Depreciation and depletion
29,984
*24,210
i^oy
of
to
Van
^
;-A'Sales-of
:
Edward
March
393,538
44,830
34,216
y,
ilk
£
tine
Wamer-Hudnut, Inc.—Proposed Consolidation—
—V.
income
March
on
' ./
Wilrieh
calendar
1952
$67,288
railway
railway
J)
Cirri E
(Alan) Wood Steel Co.—Sales Improve—
Federal
1954
22,293
from
reaf
1918.
year$v
From Jan. 1—
Gross
covering
event
sales,
$400,000
amounted
1954
1005.
$110,626
railway
lusi'
or
Williamson Par Three, Inc., Jacksonville, Fla.—Files—
or
estimated
share.
cents
First
earnings in
Interest charges
1955
ii
.
Corp.—Proposed Merger
p.
Ohio, plant recently purchased by this corporation from
corporation
(additional
company
the
share of common
per
depreciation
charges. First
Other
Ry.—Earnings—
February—
180,
has
113-year-old
announced
January-March
fc
e
a registration statement with the SEC on March,
1955, covering 2,000,000 common shares of capital stock, $1 par.
According to tue prospectus, American Trading Co. Ltd., of Toronto,
Co.—Quarterly Earnings Up Sharply—
Total
Utah
vA'ks
W
provision.
24,
181, p. 210.
stockholders:-'"'
to
Fred
factures
Operating
S. Railroad Securities Fund—New
NameCulver
above.—V.
690.
p.
As
See
"
This company filed
company's first quarter earnings are estimated at almost 10
they were in. the first quarter of 1954 in a management
to be held
dividend of 45 cents, payable
794.
Daystrom, Inc.
The
profit¬
important
what
report
net
an
;
.
Co. above.—V.
(<
cha
^
Whitehall Fund, Inc., New York—Registers With SEC
Uranium Co.
were
operation at the end of the year.
Atomic Energy
sec¬
share.
tax
re
~
a
bnnet
the expanded
able
The
ondary offering of 140,000 shares of United States
Ply¬
wood Corp. common stock
(par $1) at $38.62V2 per share.
Concession
$0.09
dicated.
Corp.—Secondary Offering
Eastman, Dillon & Co., announced
Other
1955.
new
amount
States
of
funding of employee penSlors.
$436,309,. after $462,000 income
to $1,223,893,
providing for the
In the same period
Ontario.
Corp.—Re¬
has
was
amounted
after
Motor Products Corp., will be converted to the
production of automatic
clothes dryers, it was announced on March 28
by Donald W. Alexander,
Vice-President in charge of operations—V. 181, p. 1250.
Jr., President, and Charles S. Payson, Chairman of
that during the year an important step was taken
Williams,
28.
net
1955, net income
of
$953,000 and
tax
rks
compared
/. // •
> W
195'
for
program
Alfred
This corporation, it was announced on
March
retirement all of its second preferred stock.
See
United
$0.53
—
stated
substantial
1
The corporation on March 18 filed a letter of
notification with the
SEC covering 100,000 shares of class A common
stock (par 50 cents) to
be offered at $3 per share
through Allen E. Beers Co., Philadelphia,
Pa. The net
proceeds are to be used to pay indebtedness,
purchase
machinery and equipment and for working capital.—V. 178, p. 300.
United States & International
tires Second Preferred Stock—
1,944
514,809
1,280
1
share
per
increase
U, Si Igniter Corp., Philadelphia, Pa.—Files—
income
ond
S®retc
■
.
Weston Electrical Instrument
See
47,403
514,809
shareholders
about
of
month's trf
after
290,382
271,758
-
&
Md.(
resulted
Jan.
on
benefit
to
392,840
taxes
Carlton Ward,
the
capital
thereto.
on
taxes
after
shares
of
1953
1954
See Detroit Edison
1955.
pro-rata
entitled
funds
4,230
5,
capital
vvojld
which
declared
of
Fidelity-Baltimore
Lexington Streets,
April
on
of
shares
dividend
company
the
and
(EST)
shares
fractional
purchase
by
Charles
noon
being offered
are
the
received
o'clock
20%'stock
a
for
agent,
Trust
U^i)
proposals
31—
before
income
1953.
United States Fidelity & Guaranty Co.—Offer—
Sealed
and
p.(?nsiohs.
6f $380,000
Whirlpool Corp.—To Convert Plant—
controlling uranium ore supplies by organizing,
jointly with Rochester & Pittsburgh Coal Co., the new Vitro Minerals
Corp., to explore and mine uranium deposits. Open-pit mining of ex¬
tensive claims in the Gas Hills area of Wyoming was commenced early
depreciation
pany's
Dec.
Net
J.
a
employee
to $350,086 after provision
.'/•
(}■ „ „• ;■
E
in
substantial
United Gold Mines Co.—Earnings—
Net
Income
Earned
showed
$6^1,000
of.
funding
min
net
Co.
Vitro Corp. of America—Earnings Increased—
Year to
No.
$5,900,000.
Gross
mflnth,
of
tax
Gross operating revenues for the two months aggregated
$36,641,664, e®e
compared with $32,971,375 in the 1954 period.—V. 181, p. 1359.
years.—V, 178, p. 392.
Revenues
with demands
pace
economies
two
The Marion,
the'company
phia Gas Works Division)
partial
seasonally .low
^
;
the transfer of its executive and sales offices
from Newark, N. J., to 71 West 23rd St., New York City.
Mr.
Prusky was previously Chairman of the company's executive
Gross,
1954
anticipated
anticipated partial
against $1.76 in 1953.
of
February, a
Federal" income
and
Presidency
committee.
the
after. Federal
Corp. of America—New .President-^
The corporation on
Los
stock
common
the
for
after
operating revenues for February totaled $18,012,475
$16,199,459 in the' same month last year.
with
(no par)
t
Vitamin
1953,
outstanding in both years.
special amortization charge of
$739,880
Net .for February 1954 amounted
for Federal Income tax.
to be offered at $10
per share, without underwriting. .The net proceeds are to bee used to
buy machinery and equipment and for general corporate purposes.
etc.—
of
Co;—Earnings Show Gain— B;
Gross
The company
United
of
shares
reflect
earnings
the
cost
shares
Victor Development Co.,
reports
company
providing, for
<:
.
the
new
underly¬
Periodic In¬
$1,000,000
Co.—Earnings,
compared
number
average
$485,774, equivalent
The
and
underlying
The
income
$20,-
and
covering 20,310 shares of common stock
common
share,
per
shares;
Fund
insurance)
453.
p.
United Gas Improvement
amounted
Continental
United
100,000
Investment
_
$1 5,00
tiki
\ V/.V
f
.
:
to development of
the Santa Barbara field extension; Which is proving to be of con¬
siderably larger size and productivity than first anticipated, according
./
to the report.
During 1954 pine wells; were drilled On the extension,
jyhe.,net proceeds are to be used to pay for exploration and develop¬ / all of them as producers.;. Drilling, is continuing}in 1955.
Ih the State of Barinks, where two successful exploratory wells in
ment expenses.—V; 181, pl., 906./
1953 Indicated
substantial production potential,
two additional wells
rWefb completed as producers in 1954. Testing of these wells ,ahd the
United Funds, Inc., Kansas City* Mo-—Registers With
drilling of four additional wells are planned - to better evaluate: the
Securities and Exchange Commission-—
production prospects of the area, stockholders were informed:
This investment
company
filed a registration statement with the
Exchange Offer Effective—
SEC on March 28, 1955, covering the following: 50,000 United/ 'Income
See Sinclair Oil Corp. above.—V. 181;' p. i250."
Fund shares; 100,000 United Accumulative Fund shares; 50,000 United
'
increased
principal
of
date,
by
part to retire bank Cdfcnty
(incurred in- connection with
temporary financing of the til l W
company's continuing construction program) which it is estimated will it
not exceed $800,000 at the time the proceeds are received.
The bkl« -H
ance
will be available to finance in part the construction program,
cha;
Construction expenditures are estimated at $4,911,000 for 1955.—V. 181 la
sch
p. 1122.
-V .•/.■•;:'V
earnings ftas caused jiHiicipally by & lower demand
prices for refined products, the report stated.
production of crude oil and natural jga&olfnfc, hbwever, was
increased by 24%, during 1954 to a daily average, of 16,351 barrels.;
At
year-end
such production was averaging approximately 19,330
The
rate
record
loans
lower
barrels
the
at
The
to be supplied
the
as
Net
held.
are
terms
named
Net
,
shares
common
shares
seven
decrease in
The
,
This
$3,621,338, equal to 90 cents
a share, according to the annual report recently mailed to stockholders.
The
1953 earnings of thAvbompany;r Were $3,850,426 or 96 cents
a
share.
This company is dpprdximately
86% owned by Sinclair Oil
viand
Co., Inc.—Registers With*,
Light & Telephone
Securities and Exchange Commission—
1954 totaled
income in
were
Lynch, Pierce, Fenner & Beane and associates at $10Q
per share flat, were quickly sold. See V. 181, p. I486.:
Declined— /
Venezuelan Petroleum Co.—Earnings
1486.
p.
(Mo.)—Preferred Stock Sold
shares of 4.80% cumulative preferred stock,
publicly offered on March 22 by Merrill
—The 50,000
company
Consolidated net
181,
Western Auto Supply Co.
?.3a4,iV8
1,303,000
taxes
outstanding
common
1J53
received a refund of prior years excess profit
taxes
which, with interest, resulted in a net credit to income of
$211,050 after taxes equal to 43c per share.
This amount Is in addi¬
tion
to
$2.96
per
share of net operating income reported above.
—V. 180, p. 1656.
/ '
•
/•
.■/.'/"
Jaquith,
&
to
.
proceeds
purposes.—V.
1954
income
shares
In
Inc., Denver^' Colo^ on
March-18 offered 1,188,000 shares of comrhon stock (par
one cent) at 25 cents per share.
v
Carroll, Kirchner
of
net
The
$26,690,115 $29,215,053
-
income
on
Common
1Q1,
f
taxes
Earnings
-'i
,
Stock Offered
—•
V".
-
t
continue
will
reserves
new
compknyi Mr. Lyons s4id—"V.
the
it
April 6—
up
company
1985,
Inc.—Earnings Decline—
—
Operating income before Federal
.
be
sales
Federal
to
report
on
Van Raalte Co.,
stockholders released on March 29, this
corporation reported net proved reserves of 42,109,000 barrels of crude
oil, condensate and natural gas liquids and 1,474 billion cubic feet
of natural gas as of March
1, 1955. These totals reflect a gain of
24% in liquid reserves and 178%
in gas reserves since Dec. 31, 1952
Net income in 1954 was $1,523,960 or $1.70 per share as compared
with $2,039,848 or $2.28 per share in 1953. Capital and exploration
expenditures in 1954 totaled $10,100,000.
At a meeting scheduled for April 12, 1955 the stockholders Of Union
Sulphur & Oil Corp. wdl be asked to approve a change in the corporate
name
to Union Oil & Gas Corp. of Louisiana, it was announced by
Richard
T. Lyons,
President.
The
new
name
gives recognition to the fact that the company's
principal business is the exploration for and production of oil and
natural gas and that the company no longer operates sulphur proper¬
ties nor transports sulphur by
ship for. others. The company's most
important oil and gas producing properties are located in Louisiaha
but
it
carries
on
an
active
exploration and drilling progfara/in
its
from
of
Year Ended Dec. 31—
Net
—Proposes Change in Corporate Name—
In
price
the
by
Wacker Drive, Chicago 6, 111., for
$7,500,000 first mortgage bonds, series D,
North
20
ac
vto the prepayment of bank loans,
Corp.—Reports Earnings for 1954
Union Sulphur & Oil
the
at
the
6
received
be
will
April
$14 each and, also as agent for the exer¬
purchase warrants at $16.50 a share.
These warrants
March 31, 1965. See also 181, p. 1486.
units
of
cise
Louisiana—New Name-
Gas Corp. of
&
these
Texas Utilities Co.—Bids
West
Bids
to
Bank
The
above.—V. 179, p. 2811.
Electric Co.
&
stock and 10-year warrants to purchase an
common
124,667 shares of common stock, to be offered in units.
has also been named
agent to \ accept subscriptions
additional
Minority Stockholders—Proposed Financing—
Yukon Placer Mining, Inc.,
The
SEC
corporation
covering
$120,000
to
be
of
used
writing
is
to
on
300,000
6%
March
22
shares
filed
of
promissory notes
pay
expenses
a
letter
common
due
incident
Nov.
to
of
stock
1,
mining
with th<*
tents)
fro
notification
(par
10
32,00
19(j
The pr°ceeds/p
operations. No una
1957.
involved.
:
i
if cha
Bond
i
1
bo
(1607)
Number 5417 ...The Commercial and Financial Chronicle
181
time
59
STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
,
ALABAMA
181,
v
America
Alabama
Warrant Offering —J. R. Nutt,
Superintendent of Educa-
mty
■|(
L
will receive sealed bids until
!
Ji'm. (CST)
3t
on April 13 for the
chase of $473,000 capital outschool warrants, as follows:
5,000 School Tax District No. 1
Due from
warrants.
1956
to
1983 inclusive.
from
Due
1956
to
1984 inclusive.
bids
sealed
until
on April 12 for the
of
$1,000,000
water
chase
v
e
E
ii
and
sanitary
bonds.
Dated
rks
e
Jan.
on
sewer
Jan.
from
1
Bonds due in
reafter
are
1957.
rn
1955.
1956 to
lusive.
J)
rev-
1,
callable
Principal
1976
1958 and
of
as
Jan.
interest
and
payable at the Chemical
Exchange Bank, New York
y,
at the First
Montgomery.
or
nk
of
Droved
to
from
(P.
bonds
March
No.
181,
v.
1360—were awarded to
America National Trust & Savings
Association, Lawson, Levy & Wil¬
liams, and Stone & Youngberg, all
of San Francisco, at a price of
100.009,
about
3.48%,
to
ARKANSAS
36,000 3V2S. Due
until
City
intosh,
Dr. Matt L.
>ril 19 for the
tax
non
ids.
Dated
(CST)
a.m.
on
purchase of $350,dormitory
Jan.
1,
1955.
Due
Jan. 1 from 1958 to 1995 inclu¬
rable
the
at
Union
National
Little
of
Rock, or at the
lase Manhattan Bank, New York
ty. Legality approved by Townid &
Dale Water District, Los
Angeles County, Calif.
Sale—The $500,000 water
Francisco.
at the
or
National
Legality
.
Townsend, of Little Rock.
CALIFORNIA
Trust
of
San
approved
by
County Clerk, will receive sealed
at his office in El Centro,
until 2 p.m.
(PST) on April 4 for
$190,000 building
bonds. Dated May 15, 1955. Due
on May
15 from 1956 to 1970 in¬
clusive.
Principal
and
interest
the purchase of
payable
at
"ond
$150,-
H. Moulton &
Co.,
of
ce
0%.
both of Los
jointly, as 2%s, at a
100.37, a basis of about
Dated
April
1, 1955. Due
April 1 from 1956 to 1975 inisive.
Interest
A-O.
Legality
proved by
O'Melveny & Myers,
Los Angeles.
sta
Mesa
Union
School District,
181,
3
1487—were awarded to
p.
Bank
ust
n
&
of
America
Savings
Francisco,
at
National
Association,
a
of
price of 100.05,
let interest cost of about
2.89%,
follows:
i6,00_0 3s. Due
1956 to 1961
12,000
from
2%s.
1962
12,000 3s.
on April
inclusive.
Due
to
Due
on
1968
on
1 from
April
1
inclusive.
April 1 from
1969 to 1975 inclusive.
the
County
County, Calif.
Sale—The $372,000 buildbonds offered March 28—v.
County
ing,
Clerk,
bids at
sealed
will
receive
his office in
Red¬
(PST) on
April 19 for the purchase of $208,000 building bonds. Dated July 1,
1951. Due on July 1 from 1965 to
wood City
until 10
inclusive.
1968
terest
a.m.
Principal and in¬
(J-J) payable at the Coun¬
ty Treasurer's office.
Angeles County Water District
(P. O. Los Angeles), Calif.
No. 23
Bond
Sale—An issue of $10,000
&
Savings
Association,
of
3%s, at a price
basis of about 3.71%.
Dated July 1, 1951. Due on July 1
from 1965 to 1974 inclusive. Inter¬
est
J-J.
Legality approved by
O'Melveny & Myers, of Los An¬
San
Francisco,
as
of 100.39, a
until
10
for the
ing
(PST)
a.m.
April 26
on
purchase of $722,003 sani¬
bonds
offered
March
29—
15,
April
until
Vallejo,
April
on
the
19 for
1955.
Due
in
due
1981
callable
thereafter
and
of July
are
Prin¬
cipal and interest (J-D) payable
at the County Treasurer's office;
the
as
Bank
Trust
San
&
America
of
the
of
National
Association, of
at the main of¬
Savings
Francisco,
fice
1, 1960.
or
Chicago.
or
Legality
approved
by Orrick, Dahlquist, Herrington
&
Union
Merced
Bond
Sch.
Elem.
County,
Offering
Dist.,
Calif.
County Clerk, will receive sealed
bids at his office in
Merced, until
11 a.m. (PST) on April 12 for the
purchase of $15,000 building bonds.
Dated
April 12, 1955.
Due 011
Norwalk,
Bond
rick, Dahlquist, Herrington & Sut¬
cliffe, of San Francisco.
Elementary Sch. Dist.,
Siskiyou County, Calif.
Bond
Sale—The
$67,000 build¬
March
offered
bonds
ing
000,000 bonds, as follows:
$1,500,000 school bonds. Due on
May 15 from 1956 to 1975 in¬
clusive.
500,000 Calf Pasture Beach im¬
provement
bonds.
Due > on
May 15 from 1956 to 1975 in¬
181, p. 1251 — were awarded to
Schwabacher & Co., of San Fran¬
181,
Trust
San
to
National
Association,
Savings
of
price of 100.07,
interest cost of about 3.43%,
Francisco, at
net
a
&
America
of
28—v.
awarded
1487—were
p.
Bank
the
March
offered
a
$48,000 5s. Due on April 15, 1956
and
1957.
on April
15
1958 to 1963 inclusive.
Due
3y4s.
120,000
from
3V2S.
Due
1964 and
April
15,
1965.
on
San Jose, Calif.
Offering—Dorothy Covill,
will receive sealed
(PST) on April 18
purchase
of
$750,000
Clerk,
City
bids until 8 p.m.
for
the
improvement
bonds. Dated March 15, 1955. Due
on June 15 from 1956 to 1965 in¬
series
B
municipal
Principal
clusive.
and
interest
(J-D) payable at the City Treas¬
urer's office.
Legality approved
by Orrick, Dahlquist,
Connecticut
Sale—A
Note
the
Herrington
Sch. Dist.,
Calif.
Offering—Sealed bids will
Santa Paula Elementary
Ventura County,
Bond
until 11
be received
a.m.
p.
headed by
Co.,
Trust
Guaranty
March
181,
29—v.
1360, naming an interest rate of
1.35%. Other in the account were:
&
Morgan
Co., Bankers Trust Co., Chase
Bank, First Boston
National
Chemical
Corp.,
Exchange
Corn
Bank, all of New York City, Har¬
ris Trust &
Hutzler, Brown Bros.
all of New York
City, Marine Trust Co. of Western
York, of Buffalo, and the
Branch Banking & Trust Co., of
New
The
sold
Bond
Offering
Postponed—The
$68,000 improvement bonds sched¬
uled to be offered on March 21—
v.
181, p.
poned.
1251
—
has been post¬
issue
^
'j>.
Conn.
Sale—An issue of
$500,000
Co., of Waterbury, at 0.87% discount.
The notes are dated March 29,
1955.
Due
Co., New York City, at 0.90%,
plus $1.
Hartford
to
2,000,000
&
Bank
Trust
$1,000,000
National
Co., Hartford;
$1,-
1.17%, and
at
000,000 at 1.20%.
1,000,000
to
the
Street
State
FLORIDA
Second
Trust
Bank-
Co.,
Bos¬
at
1.25%;
$250,000
at
1.24%; and $250,000 at 1.23%.
1,000,000 to American Securities
Corp.,
New
York
City,
at
,
County Port Dist. (P. O.
Port Everglades Station,
Trust
Co.,
New
Haven,
at
1.25%.
500,000
to
Lauderdale), Fla.
Offering—R. T. Spangler,
Secretary,
bids
sealed
until
April 20
on
for
the
Bridgeport-City
will
11
receive
(EST)
a.m.
the
purchase
of
$1,500,000 Port refunding and im¬
provement
Jan.
1965.
bonds.
revenue
1, 1955.
Dated
Due on Jan. 1 from
Callable as of Jan. 1,
1958 to 1983.
Principal and interest (J-J)
at the Chase Manhattan
payable
Bank,
New York City. Legality
by Chapman & Cutler,
approved
of Chicago.
Florida
^
State
mission
Sale
Bond
&
revenue
31—v.
awarded
to
Co., New York
price of
a
$6,000,000
Bridge
March
1360—were
Smithers
The
—
County
offered
bonds
at
Tallahassee),
O.
Florida
Manatee
p.
Improvement Com-
(P.
*
par,
a
181,
F. S.
City,
net interest
3.55%, as follows:
$3,500,000 series S bonds: $465,000
6s, due on Aug. 1 from 1957
to 1963 inclusive; and $3,035,000
3V2S, due
1964
to
1982
011
Aug. 1 from
inclusive.
2,500,000 series T bonds as 3y2S.
Due on Aug. 1, 1983.
Other
members
Salomon
Dean Witter &
of
Bros.
the
&
syndi¬
Hutzler,
Co., J. C. Bradford
&
Co., Tripp & Co., Goodbody &
Co., Baxter, Williams & Co., Cen¬
tral
Republic Co., Andrews
&
Wells,
all
Inc.,
Stern Bros. &
of New York,
Co., of Kansas City,
Dabney &
Julien Collins
Tyson,
& Co.,
of
of
Chicago, First Cleveland Corp.,
of Cleveland, Foster & Marshall,
of
Seattle, Talmage
& Co., of
Townsend,
New
York, Kenower,
MacArthur
Co., of Detroit, Stubbs, Smith
Lombardo,
of
Birmingham,
Rauscher, Pierce & Co., of Dallas,
&
&
R. D. White
1.09%, plus $11.
500,000 to Union & New Haven
m
Broward
Boston,
ton; $250,000 at 1.26%; $250,-
1955^? Le¬
7,
dike, Palmer & Dodge, of Boston.
cate:
2,500,000 to Manufacturers Trust
June
on
gality approved by Storey, Thorn-
was
follows:
$16.
000
County,
Note
cost of about
the
of
balance
as
$4,000,000 to the Connecticut Bank
& Trust Co., Hartford, to wit.
$1,000,000 at 1.20% interest,
plus a premium of $28; $1,000,000 at 1.10%, plus $24;
$1,000,000 at 1%, plus $20;
and $1,000,000 at 0.90%, plus
Twenty-Nine Palms Public Park
Recreation and Parkway Dist.,
California
City.
Waterbury,
&
Harriman & Co.,
inclusive.
Bernardino
of New York
both of Chicago,
Co.,
Salomon
Co.,
Devine
&
Bros.
April 26 for the purchase
1956 to 1965
South
proved by Wood, King & Dawson,
Savings Bank, North¬
Trust
J.
C.
(PDST)
of
$446,000 building bonds. Dated
June 1, 1955. Due serially from
on
South
District
(State of)
group
National City Bank, J. P.
Sutcliffe, of San Francisco.
&
Bank, New York City, or
Norwalk Trust Co.,
Norwalk.
Legality
ap¬
the
at
Bond
Wilson, N. C.
Bond
May 15,
interest
and
(M-N) payable at the Chase Man¬
Fort
ern
follows:
as
dated
are
Principal
hattan
CONNECTICUT
offered
bonds
bonds
1955.
cisco.
notes
ing
The
22—v.
of the
County, Calif.
$184,000 build¬
on
the Colonial Trust
Legality approved by Or¬
Myers, of Los Angeles.
Dist.,
(EST)
April 12 for the purchase of $2,-
office.
York
Sch.
J.
tax anticipation notes was sold to
New
City, purchased $39,800,000
$52,500,000 series J housing
Elem.
William
will receive
Clerk,
sealed bids until 8 p.m.
Principal and interest (A-O)
(M-N) payable at the
County Treasurer's office. Legal¬
ity approved by O'Melveny &
Uni^n
City
Creagh,
—
payable at the County Treasurer's
and interest
Pecwan
at
Conn.
Offering
April 12 from 1956 to 1960 inclu¬
sive.
Hartford,
Co.,
1.25%.
clusive.
E. T. Johnson,
—
Trust
&
Sutcliffe, of San Francisco.
Weaver
at
100,000 to the Connecticut Bank
District's
respective
paying agents in New York City
Haven,
New
1.25%.-
15
June
on
of
at
of
Bank
5
from 1956 to 1990 inclusive. Bonds
series B. Dated May
15, 1955.
Due on May 15 from
1961 to 1979 inclusive.
Principal
San
181, 1360—were awarded to the
Bank of America National Trust
v.
in
(PST)
tation bonds,
McKinley-Roosevelt Union School
District, Fresno County, Calif.
$106,000 build¬
of
B oard
at
1.15%, plus $25.
300,000 to Tradesmen's National
Newark,
purchase of $2,300,000 series A
Project
bonds of
1954.
Dated
Yreka Union
City Sanitation District,
County Clerk, will receive sealed
bids at his office in San Diego,
geles.
Bond Sale—The
the
of
office
his
at
Diego County, Calif.
Bond Offering — R. B. James,
general obligation bonds was sold
to the Bank of America National
Trust
Secretary
San
Offering—John A. Brun-
Bond
reka School
District, Humboldt
ond
1, 1984
and 1985.
16,000
Los
Orange County, Calif.
Kond Sale—The
$520,000 build?
bonds
offered
March
29—
April 1 from
on
1969 to 1983 inclusive.
High School Dist.,
San Mateo County, Calif.
<
building bonds was sold to the
curity-First National Bank, and
igeles,
April 1 from
on
1968 inclusive.
1956 to
Jefferson Union
of
of the Bank of
Lynch,
Pierce, Fenner & Beane, Stone &
Youngberg, Lawson, Levy & Wil¬
liams, all of San Francisco, Hill
Richards & Co., of Los Angeles,
C. N. White & Co., of Oakland, at
a
price of 100.005, a net interest
cost of about 3.09%, as follows:
Treasurer's office.
issue
24—
Merrill
Association,
Humboldt
Valley Union High Sch.
7sf., Los Angeles County, Calif.
Sale—An
March
Bond Sale—The
bids
500,000 to National State Bank
Hewitt,
W.
Offering—G.
■;1
Bridgeport,
Co.,
1.20%.
America National Trust & Savings
,
Imperial Valley Union High School
District, Imperial County, Calif.
Bond Offering—Harry M. Free,
(M-N)
tinella
offered
1251—were awarded to
p.
group composed
a
Q'Melveny & Myers, of Los An¬
geles.
bonds
181,
v.
Palm
p.m.
Association,
Savings
for the
Bond
1 from
(M-S) payable at the
America
receive
Orchard
exempt
de. Principal and interest (J-J)
Ink
&
of
will
60,000 2s. Due on April
will
City Treasurer's office,
President,
purchase of $178,000 general obli¬
gation sewer bonds.
April 1 from
receive
(PST)
13 for the purchase of
April
Public
Utility District,
County, Calif. \
Bond Offering—John A. McBee,
District
and Flood
Solano
County, Calif.
p.m.
April 1 from
Yolo
inclusive.
Clerk,
April 1 from
on
on
325,000 3s. Due
$240,000 water works bonds. Dated
May 1, 1955. Due on May 1 from
1956 to 1985 inclusive.
Principal
Bank
10:30
on
Due
Olivehurst
April 1 from
sealed bids until 7:30
C/tc
[is, President, will receive sealed
Is
on
Due
$115,000 53/4s. Due
1958 to 1968 inclusive.
and interest
—
of
follows-:
as
$44,000 33/4s. Due
24—v.
\ndrix College (P. O. Conway),
ond Offering
cost
1956
1968 to 1973 inclusive.
Imperial, Calif.
— Winifred
Mc¬
Co., of Phoenix.
A
interest
net
a
1,
1958 to 1967 inclusive.
50,000 3s.
works
Sale—The
p.
April
on
District,
Trust
Trustees, will receive sealed bids
49,000 2%s.
inclusive.
group composed of the Bank of
a
Due
and 1957.
Sanitation
Control
Bond
$7,000 3s.
April 15 from
$100,000 water
system bonds offered March 24—
on
nneth Ellis &
1974
on
Vallejo
follows:
as
Bond Offering
awarded
were
—
to
on April
1978 to 1982 inclusive.
$85,000 build-
offered
907
p.
Association, of San
Francisco, at a price of 100.008,
a net interest cost of about
2.91%,
sealed bids until April 21
County Water Works Dist.
8 (P.\0. Fresno), Calif.
/Bond
O. Phoenix),
Sale—The
Savings
as
inclusive.
20,000 3V4S. Due
Arizona
ond
2.53%,
1975 to 1977 inclusive.
Fresno
aricopa County School District
83
1967
1969 to 1977
ARIZONA
Sav¬
April 15 from
on
1964
63,000 Is. Due
Washburn, of New York City,
No.
&
17,000 3%s. Due April 15, 1965.
17,000 4s. Due April 15, 1966.
159,000 2V2S.
Due on April 15
Legality
Hoyt, Taylor
Reed,
by
National
about
of
$116,000 5s. Due
10
a|. (CST)
Trust
of
&
follows:
Montgomery, Ala.
ond Offering—Silas D. Carter,
receive
cost
1957
of
the
City
Water
Sanitary Sewer Board,
Bank
borg & Co., all of San Francisco,
and C. N. White & Co., of Oak¬
land, at a price of 100.01, a net
[mingham.
retary
National
the
Association, .Blyth & Co.,
Dean Witter & Co., J. Barth &
Co., all of San Francisco, William
R.
Staats
&
Co., Los Angeles,
Lawson, Levy & Williams, Stone
& Youngberg, and Irving Lund-
.egality approved by White,
dley, Arant, All & Rose, of
rks and
of
a
ings
interest
8,000 School Tax District No. 2
warrants.
composed
group
trokee County (P. O. Centre),
C
1487—were awarded to
p.
& Co.,
of New York,
Hess & Frederking, of
Houston, J. M. Dain & Co., of
Minneapolis, and Wm. J. Mer-
Fridley,
icka &
Co., of Cleveland.
60
The Commercial and Financial Chronicle... Monday, April 4, 1955
(1608)
;
a
Riviera Beach, Fla.
State
Supreme
Court
Lower
Court Decision
Water
System—The
preme
Court
in 1961 and thereafter are callable
of
Dated Feb. 1, 1955. Due on Feb. 1,
as
Su¬
from 1956 to 1975 inclusive/Bonds
interest
due
or
Sale
on
Florida
March
on
noon (EST) on April 26 for the
purchase of $900,000 school bonds.
2
upheld
the
in
1961
thereafter
and
appeal of Thomas M. Cook,
of Thomas M. Cook &
Co., West
callable
Palm
the Hanover Bank,
the
Beach, from
Palm
Court
Beach
for
County
City.
Circuit
Riviera
Beach
which
chase
in
by: 'the
Town
the
of
water
a
tion.
a
The
action
brought by
was
qf local taxpayers in
group
an
effort to require Mr. Cook to
score
to the Town the profit
re-
of
$9.5,000
he mqde in transferring
option he had qn the water
system to the Town,
The latter
Certificate
certificates
&
man
$400,000
system.
r"
In
purchasing
the
that
he
did
Cairo,
Certificate
&
man
Court's
[Palm
I*
rule of
law.
Cook
was
Under the
the
never
facts
fiduciary,
case'
appellees
andi^they
wholly
in
and
ham.
com¬
(-upon them.
The waterworks
was known as the
plant .involved
Falm
Beach
Shores
system.
meeting attended by
the
attorney for the Town, Mr.
Cookr. a Uvd Engineer Brockway,
there
discussion
wqq
the purchase
of
the
concerning
Palm
Clerk,
bids
until
no
'At
one.
not
this
)00
to
Cook
do
any¬
thing.;
by
a
mony
to
Ft
in this
that
say
ployed
tlK
of
summary
can
all
be served
the
pality
in
this
transaction.
He
fcankly stated that he was dealing
with Palm Beach Shores for the
r
■
t wy/Cater
the-
system. He finally advised
Council that he had an option
this
on
could
of
is
May 1, 1970.
nterest
First
water system and
be fnade available
that
to
it
the
Town of RiVeria Beach for
$400,000. tThe issue was
presented to
National
There
is
He
sell
to
customers
itf to i the
or
Town
he
of
O.
Bond
to take it
could
181,
p.
was
o/Hthq
March
24—v.
1361—were awarded to the
Trust
2V2S,
Cook
215
at
a
Co.,
of
price
of
Chicago,
102.01,
it
181,
—v.
.o
a
1361—were
p.
composed
group
awarded
of
John
&
Co., Chicago, Paine,
Yebber, Jackson & Curtis, Lee
Higginson Corp., both of N. Y.
City, Braun, Bosworth &
Co.,
inc.,
& Renshaw, and M. B.
Co., all of Chicago, at a
price of 100.04, a net interest cost
of about 1.08%, as follows: \
Vick
&
$325,000 3y4s. Due
1,680,000
from
"It is
true
Statement
that
Cook
to wbqf he
;
he
the
a
Town
as
plain that he
self
and
Shores
*
to
for
acting for him¬
no
*
pay
the
-
was
dis¬
acting for
fiduciary. It is
duty
to
Town to disclose the price he
required
no
croi'icr
was
was
owed
not
made
for tthe system and he
required to make such a
closure' unless
Palm
'
Taylor County Special Tax School
District No. 1 (P. O. Perry), Fla.
Bond
Offering- — The County
Superintendent of Public Instruc¬
tion
will
receive
sealed
Bond
bids
un¬
181,
p.
awarded
the
Owen
'
181,
group composed of
Inc.,
Quail
Davenport,
Rowe,
100.60,
2.57%,
time
of
to
a
White-Phillips
&
Co.,
local
to
as
1957
1963
Dec.
on
1
will
receive
2:30 p.m.
the
of
(CST)
purchase
building
on
(J-J)
payable
at
the
Twin
City
Bank, of Gas City. Legality
approved by Ross, McCord, Ice &
Miller, of Indianapolis.
Sale—The
works
bonds
until
4
p.m.
April 4 for the purchase
$850,000 motor vehicle parking
revenue
April 1, 1955. Due
bonds.
on
.Dated
April 1 from
from
p.
&
at
improvement, revenue
March' 29—v. 181,
1361—were, awarded to Blyth
Co., of New York City, as 27/ss,
a
price of .101.28, a basis of
School
Bond
(CST)
chase
on
of
Dated
Trustee,
bids
April
$53,000
April
1,
from
annually
1, 1969.
Mercantile
until
7
for
will
re¬
2:30
p.m.
the
pur¬
building bonds.
1955.
Due
semi¬
July
1, 1956 to
Principal and inter¬
Fort
receive
'CST)
Sch. Twp. (P.
Wayne), Ind.
Offering
Township
sealed
bids
—
O.
Walter
Trustee,
Kansas
1955.
1,
Legality
100.05,
2.24%,
Kan.
$395,000
sold
was
the
to
Co., St. Louis,
Merong & Co., of
City, jointly, at
price of
net interest cost of about
a
a
follows:
as
$95,000 2V4S. Due
1956
to
1960
1961
to
April 1 from
on
1965
to
April 1 from
on
inclusive.
100,000 2s. Due
inclusive.
1971
until
11
M.
a.m.
Bonds
offered
1252
p.
in
due
1959
i
of April
as
town.
Legality
•
approved
by
Chapman & Cutler, of Chicago.
.f'K
Louisville, Ky.
Offering
President
Graham,
the
of
will
sioners
the
Com¬
Sinking Fund,
that
announces
Thomas
—
of
v
<
the
receive
Commis¬
sealed
bids
noon
obligation
refuse
disposal
and
improvement
bonds. (Previous reference to the
offering appeared in v. 181, p.
street
1252.)
traffic
and
The
Jan.
bonds
will
be
1, 1955 and_mature
dated
on
Jan. 1
from 1956 to 1995 inclusive. Bonds
in
due
1961
callable
cipal
thereafter
and
of
as
Jan.
are
1960. Prin¬
1,
and
interest (J-J) payable
Kentucky Trust Co., Louis¬
ville, or at the Chemical Corn
Exchange Bank, New York City.
at the
Legality approved by
Pershing, Shetterly &
New
York
Grafton &
City,
Mitchell,
Mitchell,
and Wyatt,
Grafton, of Louisville.
April 1 from
LOUISIANA
Dist.
$81,000 funding
March
30—v.
awarded
181.
the
to
Security National Bank of Sioux
City,
l%s, at
as
price of 100.03,
a
basis of about 1.24%.
a
Bond
I
Secretary of
missioners,
Schmidt,
the
Board
will
1 from
1, 1955.
terest J-D.
for the
leans.
Clerk,
purchase of $50,000 water
blonds, as follows:
system
bonds
p.
offered
Northern
as
March
Trust
1.80s,
at
24—v.
basis of about
Co.,
of
price
a
of
1.76%.
181,
the
to
Chicago,
100.31, a
^
revenue
were
bonds
sold to
Secretary
of
the
Parish
Board, will receive sealed
bids until 10
a.m. (CST) on May 5
purchase of $950,000 build¬
bonds.
Dated May 1, 1955.
on
May 1 from 1956 to 1980
for the
ing
Due
inclusive.
Principal and interest
(M-N) payable at the office of the
totaling $1,200,000
a
Eisen
of. Kansas
Company
&
Waeckerle,
City,
First
Inc.,
Securities
of
Kansas,
and
the
Ranson-Davidson Co., Inc., both
of Wichita, and
Luce, Thompson
6 Co., of Kansas City, as follows:
$400,000
41/sS.
from
200,000
1963
Due
1959
2V8s.
and
2V4s.
to
on
1962
Due
on
April
2V2S.
bonds
Bonds
are
v
on
Due
on
1 '
dated
in
callable.
approved J by
Cutler, of Chicago.
r
<
.
Secretary
of
the
Parish
Board, will receive sealed
School
bids until
5
for
school
1956
10
the
bonds.
to
a.m.
1980
on May
$950,000
serially from
(CST)
purchase
Due
of
inclusive.
Rapides Parish Road Dist. No. 2-B
(P. O. Alexandria), La.
1
until
Offering—Marion
lice Jury,
10
will receive sealed bids
(CST) on April 13
purchase of $75,000 public
improvement bonds.
Dated May
a.m.
for the
1.
and
Principal
1, 1955.
Due
to
inclusive.
1965
on
May 1 from
Principal
interest (M-N) payable
to
be
designated
by
approved
chaser.
Legality
Hook
&
Fogle-
Secretary of the Parish Po¬
and interest (A-O) payable at the
State Treasurer's office.
by
Dist.
2
ard,
man,
April
any
(P. O. Jennings), La.
Bond Offering—Luke H. Rich¬
1
1961
&
•
No.
April
April
or
Jefferson Davis Parish School
Bond
Due
due
..
1.
1S64.
are
.
Treasurer,
specified by the pur¬
Legality
Chapman
April
from 1968 to 1970 inclusive.
The
be
1
inclusive.
from 1965 to 1967 inclusive.
300,000
Board
to
chaser.
plant
group composed of
Small-Millburn Co.,
of Wichita.
Lucas,
Dist.
Sch.
(P. O. Jennings), La.
Offering—Luke H. Rich¬
School
—
Davis Parish
School
bank
Wellington, Kan.
Sale
Electric
In¬
Legality approved by
No. 2
ard,
awarded
were
—
June
on
,
Jefferson
Bond
Sale—The $500,000 sewer
1361
Due
Foley, Cox & Judell, of New Or-
$27,000 general obligation bonds.
23,000 revenue bonds.
Bond
Com¬
sealed
1957 to 1975 inclusive.
will receive sealed
bids until 8 p.m. (CST) on April 6
Town
of
receive
bids
until
1:30
p.m.
(CST) on
April 27 for the purchase of $45,000
public improvement bonds.
Dated June
Treynor, Iowa
Offering—H. F.
Bond
Gravity Drainage
(P. O. Videlia), La.
Offering—Beatrice Tally,
No.
Depew,
Weigand,
Curfman, of Wichita.
at a
the
1956
and
bank
pur¬
approved
by
Chapman & Cutler, of Chicago.
Legality
^
v
and
I
1959.
Principal and interest
(A-O) payable at the First Har¬
National Bank, of Elizabeth-
of
April 1 from
on
on
were
—
1955.
>
Due
Concordia Parish
thereafter
gality approved by Ross, McCord,
Ice & Miller, of
Indianapolis.
revenue
<
1, 1955.
M
din
Sioux City, Iowa
March
1, 1955.
Due semi-annu¬
ally from July 1, 1956 to Jan. 1,
1969 inclusive.
Interest J-J. Le¬
sewer
callable
are
1972 to 1975 inclusive.
April 8 for the purchase
of $64,000 building bonds.
Dated
on
and
Dated April
Kt
on
inclusive.
80,000 2%s. Due
300,000
will
(CST)
(CST) on April 20 for
the purchase of $7,500,000 general
Trust
Merrill
Bond
Phil¬
Wise¬
receive
April 1 from 1956 to 1981 in¬
on
until
Gas
(J-J) payable at the Twin
City State Bank, of Gas City. Le¬
gality approved by Ross, McCord,
Ice & Miller, of
Indianapolis.
Joseph
1963
KANSAS
O.
Offering—William
sealed
to
School District,
•
Township (P.
City), Ind.
Township
1956
Due
Waterloo, la.
$504,000 water
offered
Bond
Island, III.
Bond Offering — Cornelius Bodine, Jr., City Manager, will re¬
1
bonds
Madison, Ind.
Bond
bonds.
of
State
Dreyer,
bids
building
April
Dec. 1 from
1974 inclusive.
sealed
Scott
bonds.
1, 1955. Due semi¬
annually from July 1, 1956 to Jan.
1, 1969.
Principal and interest
St.
Rock
system
for
Board
.
will
Clerk,
water
bonds,.
on
in¬
1963
Bond Sale—An issue of
bonds
Chap¬
from
inclusive.
Due
Fort
24
est
to
on
7
school
Dated
&
1964 to
(CST)
Trustees,
bids until
City
missioners
120,000 2V4s. Due
Ind.
Town,
Colene
—
VJ
Elizabethtown, Ky.
Bond Offering — Louise
Bond
Due
to
sewer
April
1966
Secretary; of the
April
on
of
166,000 23As.
ceive
School
Offering
$26,165
and Negley, Jens
Peoria, at a price
Due
Dated
banks, at V/2% discount.
Jonesboro
Jan.
follows:
1955
Bond Sale—The
-i
bonds.
sev/er
approved by H. N. Rogers, of Des
Moines.
$1,980,000
March
sealed
inclusive.
1361—were awarded
p.
receive
from
1
June
on
,
of
net interest cost of about
a
were
County
Clelland,,
clusive.
City, Ind.
The
offered
warrants
181,
—v.
both
$80,000 2s.
of
1361—
will
H.
p.m.
4,000 sanitary
Bank, of Spencer, as 3y2S, at
price of par.
ceive
awarded
were
—
June
State
Mill
Sale—The $246,000 sewer
offered March 29—v.
1361
offered
March 23—v.
—
29
(CST) on April
5 for the purchase of $9,500 spe¬
cial assessment bonds, as follows:
will
bonds
Sale
March
Dodge, la.
Offering—R.
$5,500 storm
Gosport, Ind.
Bond Sale
The $30,000 water
Warrant
Louisville.
man,
u
Grafton, 1 of
1,
Fort
Bond
Si¬
Thomas
&
Grafton
Wyatt,
000
181, p. 1361—were awarded
Quail & Cp., of Davenport.
and
lips,
the
Beach
'
I,
1969. Principal and interest
(J-J) payable at the Twin City
State Bank, of Gas City. Legality
approved by Ross, McCord, Ice &
Miller, of Indianapolis.
a
1959.
Principal and interest
(M-N) payable at the Bank of
Legality
approved
by
thereafter
1488—were
j>54,335
building ■ *' bonds. ■ Dated
April 1, 1955. Due semi-annually
from July 1, 1956 to Jan. and July
to
offered
•ti
1,
sealed bids until 8 p.m.
sewer
I
of Nov.
as
Benton.
clusive.
of
receive
iealed bids until 2:30 p.m. (CST)
on
April 7 for the purchase of
Nov. 1 from
on
bonds
Clerk,
revenue
1966
numerical order
verse
—v.
$125,000
City School City, Ind.
works
to
■
on
ing revenue bonds. Dated Nov. 1,
1954. Due on Nov. 1 from >1955 to
1978
inclusive.
Callable in in¬
1968
Podge, Iowa
until 2
Trustees,
1964
Sale—The $205,000
1
inclusive.
was
system."
n
Nov.
on
1971
Fulton, III.
»
Co.,
to pay
not
Due
to
Fort
:
Bond
Secretary of the Board
mons,
from
1
(CST)
sealed
April 4
the purchase of $132,000 build¬
for
due
1956 to
r4
Williams,
receive
will
April 4 for the purchase of $150,-
City
—
l%s,
inclusive.
bids
Offering
from
Na¬
Moines,
Des
$65,000
1
Nov.
on
Indianapolis Bond
about 2.77%. ;
'1972 to 1974 inclusive."
;
a
fiduciary,
voes
2%s.
1961
495,000 23/4s. Due
leaty it.*
make Cook its agent, or
against his will.
Nov. 1 from
on
1956 to 1960 inclusive.
p.
The Town could
The
181, p.
2.16%.
School
sealed
Nuveen
bonds
}
Gas
Bond
School •"
County School District No.
(P. O. Calumet City), III.
—
Cook
as
a
Bond
'
the line
on
i
a
Bond Sale
The $2,500,000
building bonds offered March 28
up
mem¬
^'<$■
• ■
Benton, Ky.
Offering —joe
Clerk,
City
inclusive; and $30,000 2s, due
Indianapolis, as
price of 100.94, a basis
about
man,
business deal and he said 'here it
it,'; It .was iro to us to take it or
t
offered
Nov.
on
of
Bank,
follows:
Bond
to
\-♦
Corp.,
snare
of
basis of about 1.81%.
leave it.
or
Knoth, a
Town Council,
'simply la^a
*
III.
Sale—The $160,000 build-
Northern
price.
a
As testified to by
ber
>
Western Springs),
bonds
ng
Riveria
Beach :of anyone else for
He named his price and it
to the Town
to
could
water plant.
it. and
sell
(icouldq .expand
v/ater
need
no
Cook
30—v.
2y4s at
County Sch. District No. 101
(P.
Rodman
it.
speculate ,on
what
have done' with the
March
June
Moines
Iowa-Des
tional
as
.
Ind.
—
on
1961 to 1964 inclusive.
the
to
revenue
Indianapolis School
Cook
leave
or
*4
Principal and
at
the
payable
hy Mr. Cook saying that
(The) Council) could take it
it
.
(M-N)
callable
are
Toledo,
Hornblower
&
Weeks, New York City, Bacon
Whipple & Co., R. S. Dickson &
Co., McDougal & Condon, Inc.,
the Town
•1
Dated
Bank, of Chicago,
legality approved by Chapman &
Cutler, of Chicago.
em¬
retained by the munici¬
or
bonds.
revenue
testi¬
not
was
water
Sale
Bond
June 1
inclusive;
1960
to
by
—
It is sufficient
case.
Cook
sealed
p.m.
in 1982 and thereafter
is
"No good purpose
:.
7:30
receive
.'./<
1'
>
Des
95,000 sewer construction bonds
municipal parking bonds offered
March 1, 1955. Due on May 1 from
L957 to 1990 inclusive. Bonds due
Beach
meeting
instructed
will
(CST)
on
April 4 for the purchase of $733,-
Shores system. This was an in¬
formal meeting and
binding upon
was
Belvidere, III.
Offering—F. L. Shattuck,
City
■
Frankfort,
group
-
Bond
At
iriiorjftal
an
a
ILLINOIS
this
pletely failed to meet the burden
cast
to
or
The burden of proof
ihe
upon
,
of
and
concerning
was
issue
by Hugo Marx & Co., ol
Birmingham, as 5s. Dated Jan. 1,
1955.
Legality- approved by Du-ops, O'Neil & Hayes, of Birming¬
case
tion for a waterworks
system and
i:i all of' this dealings
said option.
£-''y:vvj1
neaded
in
approved
of
Bros.,
$44,000 3y4s, due
from
1
pur¬
INDIANA
>c
An
sold
was
the
and
Legality
awarded to the
n 15,000 gas revenue anticipation
agent, of the Town but was deal¬
ing for himself in securing an op¬
IP
chaser.
as
Dumas,
Richland, Ga.
certificates
and
of
O'Neal & Hayes, of Birmingham.
Beach
circumstances shown by this
Atlanta,
by
—
Reis-
"
issue
Dated Jan. 1, 1955.
Sale
Board
the
to
1956
from
bank mutually agree¬
a
.anticipation
of
approved
Certificate
making this
finding or reaching this conclu¬
sion, the Court applied the wrong
b
able
sold to J. H. Hils-
Inc.,
Legality
County Circuit Court] decree was
based upon its
finding that Cook
was a
fiduciary of the Town. It
that
was
Co.,
4y4s and 3V2S.
Court stated in part as follows:
■!,*
payable at
bonds
assessment
Conway
I
I
*
bids until 7 p.m.
Moines, as follows:
$50,000 3s, due on
(P. O. R.R.No. 3
Chapman & Cutler, of Chicago.
An
—
revenue
with
relationship
apparent
as
Ga.
Sale
$410,000 gas
transaction, the Florida Supreme
is
sold to J. H. Hils-
4s
and 3%s. Dated Jan. 1, 1955. Le¬
gality approved by Dumas, O'Neal
Hayes, of Birmingham.
have
not
the Town of Riviera Beach in the
"The
of
,
fiduciary
■
issue
anticipation
Co., Inc., of Atlanta,
certificates
ruling in favor of Mr. Cook's
contention
a'
in
An
—
revenue
was
the
paid
Sale
$800,000 gas
to
2nbigler, Clerk of the Board of
Directors, will receive sealed bids
until 8 p.m. (CST) on April 6 for
the purchase of $129,000 building
bonds. Dated May 1, 1955. Due on
Jan. 1 from 1957 tq 1971 inclu¬
sive. Principal and interest (J-J)
Bainbtidge, Ga.
system which Mr. Cook had pre¬
viously
acquired
from
Palm
Beach Shores, a private corpora¬
special
$94,000
Dist.
Morrison), Illinois
Bond
Offering—Clifford
GEORGIA
pur¬
follows:
as
Legality approved
County Con. Sch.
135
No.
transac¬
a
in
resulted
Whiteside
awarded
—were
by Chapman & Cutler, of Chicago.
Legality approved by Cald¬
Marshall, Trimble & Mit¬
well,
April 1, 1960. Principal and
(A-O) payable at a bank
trust company designated by
of New York
chell, of New York City.
fiduciary capacity
a
1, 1960. Princi¬
Council Bluffs, Iowa
Bond Sale—The $189,000 bonds
offered March 28—v. 181, p. 1361
of
the purchaser.
pal and interest (F-A) payable at
of
which ruled that Mr. Cook
had acted in
tion
decision
a
of Feb.
as
are
KENTUCKY
IOWA
due
1957 to 1985 inclusive. Bonds
til
Reverses
r
1
Number 5417
Volume 181
Shreveport, La.
Offering —J. T.
Bond
The Commercial and Financial Chronicle
...
The
Tanner,
City Secretary, will receive sealed
bids until 10 a.m. (CST) on April
28 for the purchase of $10,000,000
bonds-,
and
$4,000i,000 water and sewer reve¬
bonds. Dated Dec. 1,1954.
nue
Due
to
Callable in in-
19174 inclusive.
order
numerical
1 verse
1955
from
1
Dec.
on
thereafter
and interest
(J-D)
the Commercial Na¬
at
callable
are
as
approved
by
Clark,
Legality
Smith
&
sealed
bids
First
the
at
National Bank of Boston, Munici¬
at
,be
pal Dept., 45 Milk St., Boston, un-
specified by the successful bidder.
Legality approved by Chapman &
Cutler, of Chicago.
purchase of $100,000 school bonds.
bank
such
Shreveport,
Bank,
tional
banks
or
»
-
„
.
:1
'
as
;
•
or
may
•
,
'-A
Commission, La.
Chicago, is forming a syndicate to
underwrite a scheduled issue of
$100,000,000 revenue bonds, pro¬
will
which
of
be mused
to
86-mile turnpike be¬
an
tween New Orleans and
pleted arid traffic estimates are in
i" ;'
r
7<;:
'
May 1, 1955. Due on
from 1956 to 1975 inclusive.
May 1
Prin¬
National
Boston.
of
Bank
Legality approved by Ropes, Gray,
Best, Coolidge & Rugg, of Boston.
Lynn, Mass.
$800,000
Note
the
notes
Sale—The
offered March 29
Trust
Essex
awarded to
were
Co.,
Lynn,
at
0.797% discount.
The
Lafayette
Preliminary legal and engineering
studies have already been com¬
process.
April 5 for the
on
Dated
First
$100 Million Bond Issue Plan¬
ned—The Central Republic Co., of
construct
(EST)
noon
cipal and interest payable at the
South Louisiana Turnpike
ceeds
;il
1955.
notes
due
are
Nov.
on
4,
Payable in Boston or New
York.
Legality
approved
Storey,
Thorndike,
Palmer
Dodge, of Boston.
by
&
1
Videlia, La.
Bond Offering—Beatrice Tally
sealed
bids until 2 p.m. (CST) on April
27
for the purchase of
$72,000
public improvement bonds, as fol¬
Town
Clerk, will receive
lows:
Maiden, Mass.
Bond
$150,000 vari¬
purposes bonds offered March
29—v. 181, p. 1489—were award¬
ed to Estabrook & Co., of Boston,
1.40s,
at
June
Due on
1975 in-
A bonds.
from 1957 to
1
Due
bonds.
B
on
June 1 from 1957 to 1975 in¬
C bonds.
17,000 series
Due on
1975 in¬
1 from. 1957 to
clusive.
bonds.
The
Due
to
1957
bonds
from
1
inclusive.
Bank
Legality
J-D.
of
York
New
submitting
Bond Sale—An issue of
$75,000
equipment
bonds
purchased at a negotiated
Pierce, White & Drummond, of Bangor, as 2%s. Datec
March 15, 1955. Due on March 15
by
Ballard F.
inclusive.
1970
In
Legality approved by
Keith, of Bangor.
Lewiston, Me.
Bond Sale
The $150,000 high
—
school
auditorium
March
28—v.
awarded
bonds
181,
the
to
Lot
A
Services
Veterans
$11,600,000
bonds
l%s.
as
1965 in¬
bonds
as
2.10s.
Due
on
1489—were
Lee Higginson
from 1956 to 1975 inclusive.
1975 inclusive.
1,400,000 Metropolitan Sewerage
North System bonds as 2.10s
Due on May 1 from 1956 to
1975 inclusive.
Lot C
Montgomery County (P. O.
Rockville), Md.
Offering — Alex K. Han
Metropolitan
May 1 from 1956 to 1985
Metropolitan
'inclusive.
Due
(EST)
April
on
12
for the
chase of $3,500,000 bonds,
pur
as
fol
May 1 from
as
on
$2,554,000 school bonds.
May 1, from 1956
Due on
to 1985
Metropolitan
May 1 from
from
300,000
general
bonds.
1956
250,000
Lot
Due
on
May
1956 to 1980 inclusive.
to,
Due
1980
on
improvemen
May
1
from
Parking
District, series C bonds
on
May 1 from 1956 to
Silver
Spring
1985 inclusive.
Bethesda Parking Lo
District, series C bonds. Due
150,000
May
1
from
1956
to
1985
inclusive.
12,000 Montgomery Hills Parking
Lot District, series B bonds
Due on May 1 from 1956 to
1967
inclusive.
1956 to 1985
Stuart
National
Bank,
Halsey
Bros. &
Hutzler, Blyth & Co., Inc., R. W
Pressprich & Co., Northern Trus
Company, Chicago, Blair & Co.
Inc., Union Securities Corp., Lad
enburg, Thalmann & Co., Dick
&
Merle-Smith, Hornblower &
Weeks, Adams, McEntee & Co
Geo. B. Gibbons & Co., Inc., First
of Michigan Corporation, Scholl
kopf, Hutton & Pomeroy, W. H
&
Co.,
Salomon
the
of
April
Dated
3,932,000 public sewer,
series S,
Aug. 15, 1953.
Aug. 15 from 1956 to
bonds.
The
Due
Dated
on
1983 inclusive,
not
are
bonds,
1955. Due on April
15
from 1956 to 1985 inclusive.
the Common¬
of
Massachusetts
I,
15,
de¬
revenues
operation
credit
of
Tyson,
revenues
National
Bank, St. Louis, A. C
Allyn & Co., Equitable Securities
Corporation, B. J. Van Ingen &
Co., G. H. Walker & Co., Hemp¬
hill, Noyes & Co., Tucker, An¬
thony & Co., Dean Witter & Co..
Francis I. duPont & Co., Hallgarten
&
Co., Kean, Taylor & Co.,
Stroud & Co., Hirsch & Co., R
H. Moulton &
Co., Eldredge &
Co., Bacon, Stevenson & Co., Fi¬
delity Union Trust Co., Newark,
National State Bank, Newark, W
E. Hutton & Co., R. S. Dickson &
Co., American Securities Corp.,
Tripp & Co., Weeden & Co., Wm.
E. Pollock &
Co., Swiss American
Corp., Mercantile Safe Deposit &
Trust Co., Baltimore, Gregory &
Son, Trust Company of Georgia,
Atlanta.
C.
F.
Childs
he
for such payments
j,
conditions
bonds
of the
outstanding
Pioneer
&
Offering
ceive
&
Co.,
Pacific
Northwest
Co., Byrne and Phelps
Chace, Whiteside, West &
Winslow, Auchincloss, Parker &
Redpath, Thomas & Co., Roben
Garrett & Sons, Singer, Deane &
Scribner, Mullaney, Wells & Co..
Julius A. Rippel, Inc., DempseyTegeler & £p., Watling, Lerchen
& Co., D. A. Pincus & Co., Wurts.
Inc.,
&
Co., A. G. Edwards &
until
sealed
on
April
for
5
$400,000
the
notes.
1955 and due
New
purchase
Dated
April
.o
6
Nov. 7, 1955.
on
the
(EST)
purchase of
May 1
an
Steamship Author¬
ity (P. O. New Bedford),
Street Trust Co., Boston.
them at
a
Dated
1,
Callable as of
Principal and in¬
1980.
1, 1960.
(M-S) payable at the Na¬
tional
Shawmut
Bank
approved
Thorndike,
The
1955.
notes
Due
The
Palmer
bonds,
of
Boston
and
according
to
the
regulations as thus far
construed by
on
dated March
29,
Nov. 18, 1955.
Palmer
Thorndike",
&
Dodge,
of
bonds
the Courts, and are
from taxation in Massa
They are issued to pro
Morton & Co., Laurence M. Marks lvide funds for certain improve
dated April
are
15,
Principal and interest (A-O)
payable at the current official
bank of the
York
City in Chicago, Newor
Detroit. Legality
by
Miller,
Canfield,
Stone, of Detroit.
City,
Paddock &
Offering No. 3: $182,000 special
bonds, as follows:
assessment
...
$26,000 lateral
bonds.
and
Due
1958.
series 54-B,
Nov. 15, 1957
sewer,
on
\
;,1
a
,
156,000 street and alley paving,
54-D, bonds. Due Oh; Nov. 15
from
The
Somerville, Mass.
,j
Note Sale
—
An issue of
National
County
$500,-
sold to the Middle¬
was
of
Bank
Everett, at 0.81% discount.
1959
payable
proved
dock
Grosse Pointe
Bond
$252,000 riim-
proveiment and general *bblig£tiori
bonds
offered
March
1252—were
p.
Sattley
Owosso,
Bond
Sale—The
Mich^
$16$,$00 auto¬
parking system revenue
March 22—v. 181,
p.
1252—were awarded to Watling, Lerchen & Co., of Detroit at
a
price of 100.02, a net interest
cost of about 2.91%, as follows:
offered
$30,000 3V4S. Due
1961
July 1 from
on
inclusive.
1960
to
July
on
Ross and Richland
July 1, 1970.
JUly 1,
1971^
Towftships Frac«
Sch. Dist. No. 9 (P. O. R, R. No. I,
Richland), Mi$h. d
Bond
Association, report that
on
or
May 16.
H.
Schneider &
Co:,! of 'Kala¬
follows:
mazoo, as
ti
1956 to 1960 inclusive.
1961 to 1965 inclusive;
$50,000 build¬
Kenower,
MacArthur
Co.,
&
of
Faribault, Mirthi.
Bond
(EST)
of
on
the
Controller,
bids
will
until
10
re¬
a.m.
Aoril 5 for the purchase
following
offerings
of
bonds.
follows:
$3,000,000
red&iVe sealed
(CST) on April
purchase of $600,000 im¬
provement bonds. Dated, Feb.; 1,
bids until 2 p.m.
Due
on
Feb. 1 from 1957 to
thereafter
Bonds due in 1971
are
utility
water,
callable
as
of
Principal 'and' inter¬
est payable at any suitable bank
designated by the purchaser. Le¬
gality approved by Faegre & Ben¬
son, of Minneapolis.
\
..."
1,
1970.
.
i
Freeborn
(P. O.
Minn.
County
Albert
Bond Offering—Robert D.
son,
Han¬
County Auditor, will receive
sealed bids
un^il 3 p.m. (CST) on
April 18 for the purchase of $123,000 drainage bonds.
Dated May
1, 1955.
1975
1970
as
public
y'L *'
6 for the
to
Offering No. 1: $6,932,000 bonds,
as
■
i
cT
City Recorder, will
Lea),
spoon,
City
ceive sealed
'to J' i
Offering—Roland Kruger,
Detroit.
Detroit, Mich.
Bond Offering—John H. Wither-
' \
I '• 'Htfu .1
MINNESOTA
Feb.
ing bonds offered March 28—v.
181, p. 1361—were awarded to
1
10,000 2s. Due on April 1} 1966. •
10,000 IV2S. Due on April-1, .1967.
and
(P. O. Algonac), Mich.
'
44,000 2Vfes. Due on Apfcil 1 'from
1976 inclusive.
Cottrellville Township, Cherry
Beach Sch. Dist. No. 2
Sale—The
;
181, p.
E.
1955.
MICHIGAN
Bond
•
bonds offered Match. ;'24—w.
1362 — were aiwandcd to
ing
an
May 26. Bid¬
about
'. S
build¬
Sale—The $100j000
issue of $2,000,000 Student Union
on
from
1
1969 inclusive.
to
$36,000 3s. Due on April 1 from
Inc., of Boston, financial advisors
sale
V.
mobile
on
University of Massachusetts
Building Association (P. O.
Amherst), Mass.
Bond Offering — W. F. Rutter,
for
H.
&
on
Dodge, of Boston.
211—V.;i181,
awardedrtto
Co., and McDorialdMoore & Co., both of Detroit.!
;
on
the
Woods, Mich! '
Sale— The
15,000 2%s. Due
May 1 from 1956 to 1979 in¬
clusive.
Principal and interest
payable at the Merchants Na¬
tional Bank of Boston.
Legality
approved by Storey, Thorndike,
15,
official
•>
Legality ap¬
by Miller, Canfield, Pad¬
Stone, of Detroit v/b) ?
15,000 2V2s. Due
on
Palmer &
&
will
of
bonds.
current!
bank of the City in
Chicago, New
York City or Detroit,
J.
April 21 for the pur¬
$3,000,000 water mains
Dated May 1, 1955.
Due
(EST)
the
a.m.
Callaghan, City Treasurer,
receive sealed bids until 11
chase
at
105,000 3s. Due
E.
inclusive.
dated: Nov.
are
1954. Principal and interest (M-N
)
1958
Springfield, Mass
Offering — Francis
Bond
to
to
1956
bonds
bonds
Boston.
exempt
chusetts.
The
National Shawmut Bank, of Bos¬
ton. Legality approved by Storey,
Storey
Dodge, o
are
utility- lighting
1955.
by
&
exempt from Federa
income taxes under existing sta
tutes
are
Prin¬
cipal and interest payable at the
Boston.
bankers,
awarded
were
Co., of Dediaam, at 0,809% discount.
1955
terest
Legality
20
to the Norfolk Trust
re-offered
March
public
series 0, bonds. Due on
April
15 from 1956 to 1985 inclusive.
—
March
offered
price to yield 2.40% to
Due March 1,
March
and
500,000
Quincy, Mass.
The $750,000 notes
Sale
Note
Vh%
$2,000,000
bonds
maturity.
Legality
by Ropes, Gray, Best,
Coolidge & Rugg, of Boston.
approved
The First Boston
of
520,000 general public improve7 ment, series X, bonds. Due on
April 15 from 1956 to 1970
inclusive.
v
..
school
Principal and
interest
payable at the Second Bank-State
Corp., New York City, purchased
Steamship
April 5 for
$90,000
lusive.
advisors
Mas sac h usetts
issue
on
May 1, 1955. Due
from 1956 to 1973 in-
ding forms and other information
with respect to the issue will be
made available by the financial
tucket
—
series W, bonds. Due on
April
15 from 1956 to 1985 incl.
Building, 9th series bonds will be
Woods Hole,
Martha's Vineyard and Nan¬
Sale
re¬
Second
the
at
,
improvement,
Dated
offered
Bedford,
Bond
bids
noon
bonds.
Offering—S. Homer Butt-
rick, City Treasurer, will receive
sealed bids until 11 a.m. (EST)
A.
•
;
general
—
Melrose, Mass.
Note
Howard
Bank-State Street Trust Co., Room
111
111
Franklin
St., Boston,
Co., Hannahs, Ballin
Andrews & Wells, Inc..
Dunn
—
King, District Treasurer, will
&
Lee,
follows:
$3,464,000
Massachusetts
Bond
(A-O)
official
current
Offering No. 2: $4,484,000 bonds,
as
approved
Valley Regional Sch. Dist.,
sex
Mackey,
Authority presently
maturing March 1,
the
City in Chicago, New
City, or Detroit.. Legality
York
the Act.
1956-1979, inclusive.
Bros.
& Boyce, Schwabacher &
Co., New York Hanseatic Corp.,
in
stated
interest
and
approved
by
Miller,j Canfield,
Paddock &
Stone, of Detroit.
under
These bonds shall rank equally as
;o lien with $3,550,000
Steamship
000 notes
&
be reimbursed from
may
& Co., Schaffer,
Co., The Illinois Com¬
pany,
Chicago,
First
National
Bank, Memphis, J. G. White &
Co., G. C. Haas & Co., William R.
Staats & Co., Stern Brothers: &
Co., Juiien Collins & Co., Stein
Necker
an
Membership of the two syndi¬
cates which joined forces in ob¬
taining the award consisted of:
Chase
inclusive.
and
wealth
wealth
District
Syndicate Members
234,000 road bonds. Due
&
Co., and Zahner and Company.
Lehman Brothers, Phelps,. Fenn
& Co., Chemical Corn
Exchange
Bank, New York, Guaranty Trust
Co., New York, Goldman, Sachs
&
Co.,
Philadelphia ; National
Bank, Philadelphia, \ Merchantile
Trust Company, St. Louis, First
National Bank, Boston, SeattleFirst National Bank, Bear, Stearns
& Co., Shields &
Co., Boatmen's
1956 to
inclusive.'
inclusive.
faith
&
1985 inclusive.
1,000,000
the
series
pay¬
Authority's steamship lines.
rities Company, McDonald-Moore
2.20s
Sewerage bonds as 2.20s. Due
lows:
on
on
from
Au¬
are
61
bank of the
1,100,000 Metropolitan Sewerage
cock, Director of Finance, will re
a.m
District
Sewerage bonds as 2.20s. Due
on May
1 from 1956 to 1985
ceive
11
primarily from
rived
the
to
and
Dwinnell, Harkness & Hill, Ball, such bonds. However, if on the
Burge & Kraus, Folger, Nolan- "ast day of December in any year
W. B. Hibbs & Co., Freeman & revenues shall be insufficient to
Co., Green, Ellis & Anderson, meet the cost of service, includ¬
John C. Legg & Company, Mc- ing principal and interest require¬
Cormick & Co., Moore Leonard ments on the bonds, the Author¬
& Lynch, Pittsburgh, W. H. New- ity shall notify the State Treas¬
)old's Son & Co., Park,
R.van, urer of the amount of such defi¬
"nc., Shannon & Company, Tal- ciency, less the amount in the re¬
funds
mage & Co., Van Alstyne, Noel serve
applicable thereto,
& Co., R. D. White &
Co., Arthur and the Commonwealth of Massa¬
". Wright &
chusetts shall thereupon pay over
Co., Stokes & Co.,
o
the Authority the amount of
J.
B.
Hanauer & Co., Arthurs,
The Common¬
estrange & Co., Channer Secu¬ such deficiency.
Dabney
District
inclusive.
North District bonds
until
able
additions
property,
Sons, and Hajrold E. Wood & Co
Sewerage bonds as 2.20s. Due
on
and
Principal
payable at
Dulles
1,750,000
bids
May 1
2,000,000 Metropolitan SewerageSouth System bonds as 2.10s
Due on May 1 from 1956 to
$2,000,000
&
pledged to the payment of the
principal of or the interest on
ownsend,
Dreyfus
$40,000,000 Highway improvement
p.
MARYLAND
sealed
Due on
offeree
Corp., New York City, as 2s, at a
price of 100.30, a basis of about
1.95%.
Bond
as
Lot B
and
to
rate
clusive.
District
(P. O. Caribou), Me.
1956
interest
bear
to
May 1 from 1956 to
Caribou Hospital
terest M-S.
the
ap¬
MAINE
from
City, joined forces
successful bic
for the $60,850,000 bonds offered
March 29—v. 181, p. 1489, paying
a
price of 100.21, a net interest
cost of about 2.05%, for the se¬
in
Fund
was
syndicates,
by the Chase National
and the other by Lehman
and Phelps, Fenn Co., all
follows:
proved b,y Foley, Cox & Judell, of
New Orleans.
building
Two
—
headed
curities
June
dated
are
Interest
1955.
June
on
1975
No.
District
Sewerage
20,000
one
Bros,
clusive.
June
Sale
Bond
series
(Commonwealth of)
Massachusetts
elusive.
15,000
sale
100.15, a
price of
a
basis of about 1.34%.
$20,000 series
.
Sale—The
ous
as
Harriman
Brothers
Co., City National Bank & Trust
Co., Kansas City, Commerce Trust
Co., Kansas City, E. M. Newton &
Co.,
Boston,
Laird,
Bissell
&
Meeds,
Bartow
Leeds
&
Co.,
i'Jncoln~Sudbury Regional Sch. Dist.
(P. O. Lincoln), Mass.
Bond
Offering — Lloyd
W.
overing, District Treasurer, will
ments
thority's
Brown
Prendergast, of Baltimore.
receive
Co., Carl M. Loeb, Rhoades &
Co.
of
Manhattan Bank, New York City,
or
at
the
Union
Trust
Co.
of
Maryland, of Baltimore.
&
MASSACHUSETTS
1975 inclusive.
Principal
payable
1,
of
as
6,000^000 general obligation im¬
provement bonds. Dated June
1, 1955. Due on June 1 from
1956 to
May
May 1, 1965. Principal and inter¬
(M-N) payable at the Chase
1, 1960.
Dec.
dated
are
est
follows:
as
bonds
955, and those maturing in 1966
£1609)
Due on Jan. 1 from 1956
inclusive. Bonds due in
and
of Jan.
interest
thereafter
1, 1969.
are
callable
Principal and
payable at any suitable
The Commercial and
Financial Chronicle
Monday, April 4, 1955
...
(1610)
62
school
Moody & Spririgsted, of St. Paul.
Walker
callable
bank
Bond
are
1966. Prin¬
payable at a
public utility
by the suc¬
Legality approved
Sale
$1,000,000 tax anticipation certifi¬
cates of indebtedness was sold to a
composed of the First Na¬
Bank, Northwestern Na¬
Bank, Midlands National
group
tional
tional
Dated March 31,
at 1%% interest.
1955 and due on June
30, 1955.
ter &
obligation building bonds of¬
fered March 30—v. 181, p. 1008—
were awarded to J. M. Dain & Co.,
2.40s.
as
Sibley County (P. O. Gaylord),
Minnesota
Bond
Offering
W.
—
Auditor,
bi(Js until
County
burg,
sealed
ceive
Barret,
C. Olden¬ Fitch, North & Co., of Kansas
will re¬ City, Blewer, Heitner & Glynn, of
1:30 p.m. St. Louis, Julien Collins & Co., of
the pur¬ Chicago, and Scherck, Richter Co.,
5 f°r
chase of $265,000 drainage bonds.
DatSd May 1, 1^55. Due on July
(CST)
1957
from
1
Apri(
on
callable
July
of
as
Clark County Sanitation Dist., Nev.
2,800,000 Bond Offering Sched¬
Lauren W. Gibbs, Zions
Principal and interest payable at
a
bank to be designated by the
Legality
bidder.
successful
uled
Salt Lake
City 1, Utah, fiscal agent for the
District, is distributing a prelim¬
inary circular in connection with
a
proposed offering of $2,800,000
general obligation (supported by
revenues) sewer system and dis¬
posal plant bonds. The bonds are
expected to be sold on or about
July 15. With respect to the pro¬
posed issue, Mr. Gibbs reports as
ap¬
Benson, of
proved by Faegre
Minneapolis.
1
,,
Wellington County Indep. School
Dist. No.
O. Stillwater),
106 (P.
Minnesota
Offering—Carl O. Hagen,
Bond
District Clerk, will
receive sealed
(CST) on April
12 for the purchase of $500,000
building bonds.
Dated- May 1,
1955. Due on May-L from 1957 to
1985 inclusive. Legality approved
bids until 8 p.m.
Bldg.,
Bank
follows:
-
offered will
be
to
bonds
"The
by Dorsey, Colman, Barker, Scott
protection general obliga¬
tion bonds. The present assessed
&
valuation
Barber, of Minneapolis.
MISSOURI
"*
-
be full
•
•
•%
^
Mo.'
Harrisonville,
Bond Offerings-Walter B. Benn,
City
until
receive
will
Clerk,
bids
7:30
sealed
(CST)
p.m.
on
April 6 for the purchase of $500,000 bonds, as follows:
$300,000 water and
Due
on
bonds.
sewer
April 1 from 1956 to
1975
inclusive.
1971
and
in
Bonds due
thereafter
call¬
are
able as of April 1, 1970.
200,000 water j works and sew¬
erage system revenue bonds.
Due on April 1 from 1956 to
of
District
the
is
ap¬
proximately $13,000,000. The pre¬
vailing assessment valuations in
Clark County represent 25%
to
30% of real valuation. This is not
the
vacant
desirable
within
lands
with
areas.
however,
case,
Most of the land within the Dis¬
trict
is
now
assessed
at
$100
to
It is impossible to
land within the Dis¬
trict at less than $2,000 per acre,
and much of it is priced up to
$300
acre.
per
purchase
any
$5,000 per acre. The land on the
Strip is priced at $1,000 or more
per
front foot.
"There
nine
are
Strip
Hotels
•
1975
inclusive.
1966
and
able
as
The
of
bonds
1955.
Bonds due
thereafter
in
call¬
are
April 1, 1965.
dated
are
Principal
i
and
te
r e
1,
s t
hotels
three
for
or
under
four
construction
more
construction.
At
formed,
gality approved! by Stinson, Mag,
Thomson, McEvers & Fizzell, of
single residences
,
Lebanon, Mo.
Bond
bonds
Sale—The
offered
$645,000
March
sewer
28—v.
181,
1489—were awarded to Barret,
Fitch, North & Co., of Kansas
City, at a price of 100.02, a net
interest cost of about 2.49%, as
p.
follows:
Due
on
March
1
from 1956 to 1962 inclusive.
from
105,000
was
the
approximately
250
other single
living units within the District.
In spite of the fact that FHA fi¬
nancing has not been available
because of no sewer system, there
are
York
2y4s.
1963
2V2s.
Due
to
1967
Due
from 1968 to
on
March
were
inclusive.
on
March
estimated
to
have
been
con¬
structed, 400 more additional liv¬
ing
within the
District.
subdivisions
are
for immediate develop¬
units
Many
1970 inclusive.
Due on March
175,000 2%s.
from 1971 to 1975 inclusive.
,
planned
inclusive.
100.26,
at
Principal and
payable
(A-O)
"It
awarded
to
cate:
of
syndicate
Sale—The
$96,750 build¬
March 30—v.
syndi¬
Halsey, Stuart & Co., Glore,
Forgan & Co., Goldman, Sachs &
is
planned
to require a 2
Maintenance and
cover
Operation
(until the
revenues
of
System over two years of ex¬
perience have reached such
amount
as
will pay M/O
and
110% of the next annual princi¬
and
interest
requirement).
offered
bonds
181,
1490
p.
&
B.
Van Ingen &
as
2%s, at 100.11,
&
Co.,
R. D.
White &
J. R.
Ross
both
of
Newark,
Co., of New York,
&
Co., Ryan, Hanauer
Co., both of Newark, Cohu &
Co., of New York, C. C. Collings
& Co., of Philadelphia,
Townsend, Dabney & Tyson, of Boston,
&
Rambo, Close & Kerner, of Phila¬
delphia, and Doll & Isphording,
Inc., of Cincinnati.
Huntington and Babylon Central
School District No. 5 (P. O.
bonds
Ship Bottom, N. J.
Sale—The $22,000
offered
1362
p.
Beach
Trust
—
Haven
Co.,
2V4s, at
of
a
about
March
were
Sale—The $837,000
build¬
March 29—v.
181, p. 1363—were awarded to a
group composed of Halsey, Stuart
&
Co.
Inc., First of Michigan
Corp.,
W. H.
Morton
&
Co.,
Adams, McEntee & Co., and Chas.
E. Weigold & Co., all of New York
City, as 2.90s, at a price of 100.64,
offered
bonds
National
181,
to
ity
approved
Heckler
Sykes,
Bank
&
2.19%.
Union
Township School District
(P. O. Union), N. J.
.Bond S a 1 e — The $1,800,000
building bonds offered March 29v.
a
al
181,
p.
group
1125—were awarded to
composed of the Nation¬
State
Bank
of Newark,
Ira
Haupt & Co., Roosevelt & Cross,
both of New York City, J.
B.
Hanauer & Co., Ryan, Hanauer &
Co., J. R. Ross & Co., Julius A.
Sea
New York
New
(EST)
Feb.
on
181,
p.
March
York
City,
at
5%
2
p.m.
payable
(F-A)
interest
and
the
at
in¬
1970
to
1956
from
Principal
Nassau
County Trust Co., Sea Cliff. Le-^
gality
by Vandewater,
& Galloway, of
approved
Sykes,
Heckler
New York
City.
Wawarsing, Rochester, Mamakat-
School
ing, and Fallsburgh Central
District No. 2
(P. O. Ellenville),
r"r
York
New
Bond Offering
William Mul-
—
keen, District Clerk, will receive
sealed bids until 3 p.m. (EST) on
April 14 for the purchase of $3,-
building
100,600
bonds,
Dated
v
Due on May 1 from
1984 inclusive.
Principal
May 1, 1955.
1956
to
and interest
Home
(M-N) payable at the
National
Bank, Ellenville.
by Hawkins,
Legality
approved
Delafied
&
City.
Wood, of New York
; * V..
NORTH
CAROLINA
Hendersonville, N. C.
sealed
$5,440,000 Issue
31—v.
1490—were awarded to
Loeb, Rhoades & Co.,
M.
1
Bond
offered
until
on
Offering—W.
E.
Easter-
ling, Secretary of the Local Gov¬
ernment Commission, will receive
City Housing
Authority, N. Y.
notes
a
Gordon Ham¬
—
bids
sealed
ceive
of
York
Sale—The
Note
Galloway,
City.
CIII
& Trust.
l3/4s, at
as
Cliff, N. Y.
Bond Offering
Vandewater,
by
&
interest,
bids
at' his
office
in
Ra¬
leigh
until
11
a.m.
(EST)
on
April 5 for the purchase of $300,000 water bonds.
Dated April 1,
1955.
to
Due
1970
on
April 1 from 1956
Principal and
inclusive.
plus a premium of $142,869.72, the
interest
effective rate thus being 0.41038%.
York
Niskayuna Water Districts (P. O.
Schenectady), N. Y.
Storey,
Thorndike,
Dodge, of Boston.
the
of Beach Haven, as
price of 100.15, a basi?
of Scarsdale,
price of par.
Co.,
tional Bank of Huntington. Legal¬
New
water
24—v.
awarded
$32,000 build¬
March 28—v.
1363—were awarded to the
clusive.
Huntington Station), N. Y.
ing
offered
April 8 for the purchase
of $45,000 drainage improvement
bonds.
Dated Feb.
1, 1955. Due
2.73%.
Carl
Bond
Scarsdale), N. Y.
Sale—The
Bond
Sch. Dist.
Free
Union
No. 2 (P.O.
basis of about
a
—
Miller
Scarsdale
ilton, Village Treasurer, will re¬
Weld & Co., B. J.
Co., Eastman, Dillon
&
Co., Stone & Webster Secu¬
rities Corp., Blair & Co., Inc., A.
C. Allyn & Co., all of New York,
Alex Brown & Sons, of Baltimore,
a basis of about 2.84%.
Hornblower & Weeks, Ira Haupt
& Co., Kean Taylor & Co., Amer¬ Huntington Uni&rr- Free Sch. Dist.
No. 6 (P. O. Greenlaxirt)? ]Nj Y.
ican
Securities
Corp.,
First of
Bond
Michigan Corporation, all of New
Offering
George
H:
York, Stroud & Co., of Philadefe-> ^Hoschielf District Clerk, will re¬
ceive sealed' bids until 2 p.m.
phia, Geo. B. Gibbons
of New York, Schaffer, Necker &
(EST) on April 12 for the pur¬
Co., *of Philadelphia, William R. chase of $75,000 school site bonds.
Staats
&
Dated
March
1,
1955. Due
on
Co., of Los Angeles,
Rand
&
Coi, Shelby Cullom March 1 from 1956 to 1970 inclu¬
Davis & Co., both of New York, sive. Principal and interest (M-S)
J. B. Hanauer & Co., MacBride, payable at the First Suffolk Na¬
White,
Co.,
Heckler
Sykes,
awarded to
Co., of Newark,
were
—
Hanauer
J.
Bond
the
in¬
Hempstead Union Free Sch. Dist.
No. 12 (P. O. Malverne), N. Y.
ing
of
Galloway, of New York City.
p.
basis of about 2.33%.
members
Bank,
Legality approved
Vandewater,
&
Manu¬
and
National
181,
by Lehman Bros., New
City, at a price of 98.97, a
Other
Farmers
the
at
Scarsdale National Bank
headed
York
able
facturers
York City.
Bond
a
inclusive.
1984
to
1955
bonds
Valley Sewerage
■were
from
ing
a
(EST)
6
Principal and interest (M-S) pay-
.the
at
receive
a.m.
to
from 1956
1
11
for the purchase of
$3,121,000 building bonds.
Dated
Sept. 1, 1954.
Due on Sept. 1
April
on
by Wood, King & Dawson, of New
—
ment with the advent of the Dis¬
pal
2%s,
Oct.
on
will
Clerk,
until
bids
sealed
York, Buffalo. Legality approved
large
the
1
as
East
a
basis of about
a
Offering—Edwin L. Hun¬
District
ger,
Esq.,
Bldg.,
Trust
2V2S, at
Poughkeepsie City $ch.Dist., N. Y.
Marine Trust Co. of Western New
Com¬
mission (P. O. Newark), N. J.
Bond
Sale
The
$9,100,000
2V4%
sewer
system bonds
of¬
fered March 31—v. 181, p. 1490
Passaic
or
mill tax to
1
offered March 30—v.
1362—were awarded to
Saffin & Co., of New
City,
Due
1959
basis of about 2.84%.
trict Sewer System.
$210,000 2V2s.
155,000
the
there
and
being planned
District
early
time
City.
pres¬
time, there are four addition¬
(A-O) payable at a bank to be
designated by the purchaser. Le¬
Kansas
At the
under construction).
al
April
n
within the District (including two
ent
1955.
terest
bonds
Boland,
100.12,
by
(P. O. Smithville), N. J.
Sale—The $90,000 build¬
p.
of
National
Suffolk
2.47%.
office
—
Savings
price
T.
Prescott,
E.
,
County
1490—were award¬
p.
First
.
Poughkeepsie.
Bond
181,
181,
the
to
Bank of Huntington, as
April 8 for the purchase of $47,500 school bonds. Dated April 1,
Easthampton Township Sch. Dist.
ing
1966.
1,
improvement bonds offered March
ed
the
at
Beach, N. Y.
Sale—The $20,000 general
Aurora, until 10:15 a.m. (EST) on
basis of about 2.44%.
):
Brainard
of
Erie
as
NEVADA
1967 and thereafter
Bonds due in
are
of St. Louis.
inclusive.
T975
to
Hill, all of New York,
&
Ocean
Bond
$42,500 general
bids
sealed
receive
Sherrerd, both of Philadelphia,
2.45s, at a price of 100.10, a
Co., Dwinnell, Harkness
&
mage
Bridgeton School District, N. J.
Bond Sale—The $395,000 build¬
^
1.93%.
Langendorfer, District Clerk, will
ing bonds offered March 24 —
v.
181, p. 1253—were awarded to
Stroud &
Co., and Butcher &
1490—were
p.
price of 100.31, a basis of about
N. .Y.
Offerin g—Harry
Bond
$160,000 build¬
March 30—v.
awarded to
Paine, Webber, Jackson & Curtis,
of New York City,
as
2s, at a
181,
Wales,
Mar ilia,
(P. O.
Y.
offered
bonds
Bond
(A-O) payable at the Second Na¬
Inc., J.
Co.,
Bond Sale—The
ing
Co., of Lynbrook, as 1.90s.
Elma,
District
Water
Manhasset), N.
Lancaster,
Aurora and Bennington Central
w !
School District No. 1 (P. O.
interest
Box 32, Elma), N. Y.
and
Principal
Trust
of New York City.
Hempstead, Manhasset-Lake-
ville
improvement bonds offered March
24—v. 181, p. 1363—were awarded
to the Lynbrook National Bank &
tional Bank of Somerville.
C. Brad¬
ford & Co., Clark, Dodge & Co.,
Dominick & Dominick, Francis I.
duPont
&
Co.,
Carl M. Loeb,
Rhoades & Co., Wm. E. Pollock &
Co., Andrews & Wells, Inc., Tal-
—
Minneapolis,
clusive.
Corp., A. G.
Securities
&
Becker
eral
of
syndi¬
Hutzler,
&
Bros.
office.
Rockaway,
Bond Sale—The
tion, will receive sealed bids un¬
til 8 p.m. (EST) on April 11 for
the purchase of $95,000 building
bonds.
Dated April 1, 1955. Due
on
Oct. 1 from 1956 to 1974 in¬
the
North
30—v.
East
Secretary of the Board of Educa¬
Wit¬
Co., L. F. Rothschild & Co.,
American
O. Duluth), Minn.
Sale
The $500,000 gen¬
interest
(P. O. Box No. 5, North
Branch Station), N. J.
Bond Offering—W. E. DuMont,
inclusive.
of
advance.
Principal and
payable at the Village
in
days
by Vandewater, Sykes* Heckler &
Galloway,
to
30
payment
Treasurer's
Eastman, Dillon & Co., Dean
(P.
interest
Branchburg Township Sch. Dist.
April 1
on
1982
Salomon
cate:
Territory School District
Bond
Due
members
Other
Unorganized
St. Louis County
date prior
maturity by published notice
on
1973 to
from
St. Paul,
of
National Bank
First
1975
inclusive.
1972
to
1966
5,202,000 2V4s.
and
Minneapolis,
of
all
Bank,
30 from 1956 to
inclusive.
Callable on any
opinion by Per¬
shing, Bosworth, Dick & Dawson,
Bond Attorneys, Denver, Colo."
"Approving
April 1
from 1963 to 1965 inclusive,
on April 1 from
3,035,000 2s. Due
Due
l%s.
1,155,000
Dated April 30, 1955.
April
on
bonds are dated March 1
Principal and interest pay¬
able at the Schenectady Trust Co.,
Schenectady. Legality approved
The
1955.
p.m.
8
the bonds.
inclusive.
1962
to
1958
from
of
Due
April 1
on
3
for the pur¬
$75,000 water improve¬
April
on
ment bonds.
NEW JERSEY
Due
$1,735,000 3V2S.
issue of
An
—
that
time
the
by
until
bids
sealed
chase
published for the sale of
follows:
as
Minneapolis, Minn.
Certificate
available
are
syndicate
a
First Boston Corp.,
New York City, at a price of par,
a net interest cost of about 2.222%
headed by the
& Benson, of Minne¬
Faegre
apolis.
by
and
181, p. 1362—
to
awarded
were
(EST)
bids
bonds of¬
revenue
ceive
"Complete financial and infor¬
mational data will be prepared
—
fered March 29—v.
be specified
to
connection
future
the cost of M/O.
Springfield, Mo.
*
Sale
The $11,127,000
of July 1,
cessful bidder.
of
St. Louis.
interest
as
and
cipal
approved
Trauernicht,
&
Charles
by
Legality
F-A.
Interest
purchase of $110,000 sewer
sewage disposal plant bonds.
Dated May 1, 1955. Due on July 1
from 1956 to 1975 inclusive. Bonds
and
thereafter
from
15
for the
and
2s.
and
2%s
as
15, 1955. Due on Feb.
1956 to 1973 inclusive.
Dated Feb.
Village Clerk, will receive sealed
bids until 7 p.m. (CST) on April 5
1967
sold to G. H.
was
&
jointly,
City,
Offering—E. E. Erickson,
in
bonds
Co.* of St. Louis, and
Stern Brothers & Co., of Kansas
Kimball Prairie, Minn.
due
of $262,000
Bond Sale—An issue
by Dorsey, Colman, Barker, Scott
&
Barber, of Minneapolis, and
Bond
Berkeley), Mo.
(P. O.
District
Legality approved
purchaser.
the
inclusive.^
&
Co., Inc., New York City, and
fees and from service charge, un¬
Ewing & Co., of Monclair.
The
til it reaches the maximum annual
group bid for $1,793,000 bonds as
debt requirement.
"While
the
Bond>•, issue., ^will- 2.60s, at a price pf,: ;i0O:;^Of a Basis
of about 2.56%.!■"*
pledge the full faith and credit of
the District, yet it will be addi¬
NEW YORK
tionally secured by net revenues
Akron, N. Y.
—which will be so fixed in their !
amount as to at least equal the
Bond Offering—Ralphe G. Dick¬
total debt service each year, plus
inson/Village Treasurer, will re¬
from
creased
March 1 from 1956 to 1979
on
all
Rippel, Inc., F. R. Cole & Co.,
of Newark, Adams,
McEntee
in¬
Fund will be
Guaranty
The
Berkeley School
County,
Louis
St.
banking institution designated by
Bond
Harold
N.
Rowe, Town Supervisor, will
re¬
ceive
(EST)
chase
Offering
sealed
on
of
—
bids
April
$71,750
until
11
a.m.
14 for the pur¬
Water District
(A-O) payable in New
City. Legality approved by
Palmer
McDowell County (P. O.
North Carolina
Bond
school
March
Sale
—
building
29—v.
The
&
Marion),
$1,000,000
offered
bonds
1363—were
composed of
$5,750 District No. 5 bonds. Due R. S. Dickson & Co., Charlotte,
on March 1 from 1956 to 1978
Scott, Horner & Mason, of Lynch¬
inclusive.
burg, Carolina Securities Corp.,
60,000 District No. 5 bonds. Due Raleigh, Vance Securities Corp.,
on March 1 from 1956 to 1975
Greensboro,
J. Lee
Peeler, of
inclusive.
Durham, and the Peoples Nation¬
6,000 District No. 2 bonds. Due al Bank of Charlottesville, at a
bonds,
as
follows?
awarded
to
a
181,
p.
group
Number 5417
181
lume
1 from
000 6s. Due on April
1958 to 1968 inclusive.
|l0 000 21/2s. Due
1980 inclusive.
000'0.25s.
Due on April
181, p.
1969 to
60
|
at
of about 2.60 %. "
LaMoure), N. D.
Bond Sale—The $12,000 build,g bonds offered
March 11—v.
I
(P. O.
2%s.
nati,
t
$30,000 water
Sale—The
rorks
:olumbia Local Sch. Dist. (P.
Columbia Station), Ohio
will receive sealed bids until noon
11 for the pur¬
building bonds.
Dated April 1, 1955. Due on Nov.
1 from 1956 to 1958 inclusive. In¬
Clerk of the Board of Edu¬
cation, will receive sealed bids
until noon (EST) on April 5 for
the purchase of ip 87,000 building
bonds. Dated Ap^il 1, 1955. Due
on
Oct. 1 from 4956 to 1979 in¬
O.
clusive.
Offering—Agnes
Bond and Note
Bacon,
Cain, City Clerk, will re¬
vive sealed bids until 11:30 a.m.
jrown
cago, as
the purchase
,f $227,000 bonds and notes, as
-liows:
<,■ CST) on April 7 for
a
181,
Improvement Note
Due
138.
No.
Nov.
1956.
Each issue is dated May
1, 1955.
Education
bids unti
at April 25 for the purchase of $540,ihe City Treasurer's
office. Le¬ 000 building boiffis.
gality approved by Bricker, MarPiqua City Sch. Dist., Ohio
burger, Evatt & Barton, of Co¬
Principal and interest payable
S
Bond
il mbus.
a
1
e
Sale—The
Bond
March
23—
1254—were awarded
181, p.
y.
water
$16,000
offered
bonds
works
to
Boswortg. & Co., Toledo
erf Columbus, J. A
White & Co., Cincinnati, Stranahan, Harris & Co., and Ryan,
Dayton, Ohio
Sutherland & Gfff both of Toledo,
Bond Offering — E. E. Hagerman,
City Accountant, will re¬ as 2V4s, at a #lce of 100.18, a
Co., of Columbus,
John B. Joyce &
3V2S, at
as
(EST)
ceive sealed bids until noon
'
April 14 for the purchase of
$1,550,000 bonds, as follows:
water works extension
and improvement bonds. Due
on
Oct. 1 from 1956 to 1970
Plain
Bond
inclusive.
from 1956 to 1975 inclusive.
,
expressway
bonds.
Due
on
improvement
Oct.
1
from
inclusive.
1956 to 1975
May
and interest
Legality approved by Squire,
Sanders & Dempsey, of Cleveland.
Local School Dist.
(P. O. Sayler Park Station R. R.
Cincinnati), Ohio
Bond Sale—The $400,000 build¬
ing bonds offered March 25—v.
No.
181,
as
12,
1254
p.
J. A.
2%s,
at
were
—
White &
a
awarded to
Cincinnati,
price of 102.15, a
Co., of
Bond Sale—The
O. Columbus),
Bond
as
ditor
Co., Toledo, Ginther, Johnson
Co., Cleveland, and Provident
Savings Bank & Trust Co., Cin¬
7
f
for
bids
by the City Au¬
noon
mm
March
a
from
15,
1955.
23/4s, at a price of
basis of about 2.69%.
a
Rossford, Ohio
Sale — The
Bond
Due on
Sept. 15
1956 to 1975 inclusive.
Prin¬
cipal and interest (M-S) payable
Franz,
Co., of Toledo, as 2 Vis, at a price
of 100.09, a basis of about 2.24%.
until
4
Hall announces
1254—were awarded to
of Cleve¬
price of 101.03,
land, as 31/4S, at a
a basis of about 3.10%.
Toledo, Ohio
Bond
Offering—John J. Sheehy,
City Auditor,
bids
until
for
will receive sealed
7
(CST)
p.m.
sealed bids
purchase
the
on
of
April
$171,000
building bonds. Due serially
1957 to 1960 inclusive.
Canadian County Dependent
District No. 22 (P. O.
from
School
Piedmont), Okla.
tl Offering — The $50,000
0 11
March 28
1491—were awarded
First Securities Co. of Kan¬
181,
p.
of Wichita.
Bond Sale
—
bonds
noon
(EST) on April
of $313,375
purchase
Street
grade
the
elimination
bonds. Due on Oct. 1 from 1956
to 1960 inclusive. Principal and
interest
(A-O) payable at the
Chemical Corn Exchange Bank,
New York City, or at the Ohio
Citizens Trust Co., Toledo. Legal¬
ity approved bv Peck. Shaffer &
Williams, of
Cincinnati.
thereafter
7:30 p.m.
on
of $8,500
equipment
Indep. Sch. Dist.
will
Schools,
until 8 p.m.
offered March
Offering
—
Ray McKown,
Education,
receive sealed bids until 7:30
the Board of
(CST) on April 6 for the
purchase
of
$31,000
building
bonds. Due from 1957 to 1962 incl.
p.m.
Dependent Sch. Dist.
No. 36 (P. O. Woodford), Okla.
Bond Offering — J. P. Taylor,
Clerk of the Board of Education,
will receive sealed bids until 2:30
County
Union High School
receive sealed
(PST) on April
6
for the purchase
of $146,000
building bonds. Dated April 1,
District Clerk, will
bids until 8 p.m.
Jan. 1 from 1957 to
Due
1966
inclusive.
on
Principal and in¬
payable at the Coun¬
ty Treasurer's office. Legality ap¬
proved by Winfree, McCulloeh,
Shuler & Sayre, of Portland.
terest (J-J)
'
School District No. 19
Linn County
(P. O. Albany), Ore.
Sale—The $43,500
Bond
ing
build¬
offered March 28—v.
1491—were awarded to the
States National Bank of
bonds
100.33,
a
as 21/2s, at a price of
basis of about 2.45%.
Multnomah
County, Darlington
Dist.
Water
O. 510
(P.
Corbett Bldg.,
Portland),
Ed¬
Oregon
Bond
Offering
Walter
L.
bids
(CST) on April 15 Bartel, District Secretary, will re¬
the purchase of $30,000 build¬ ceive sealed
bids until 5 p.m.
bonds. Due from 1957 to 1966 (PST) on April 12 for the pur¬
Call, Clerk of the Board of
ucation, will receive sealed
—
until 7:30 p.m.
for
Bond
ment
Medford, Okla.
Sale—The $60,000
extension
and
water
improve¬
offered
March 15
awarded to the R. J. Ed¬
bonds
City.
Murray County Dependent School
District No. 4 (P. O. Davis), Okla.
Bond Offering — C. F. Wash¬
Board of Edu¬
cation, will receive sealed bids
until 7 p.m.
(CST) on April
for the purchase of $7,000 build¬
ing bonds. Due in 1957.
burn, Clerk of the
Carter County
Ottawa County
Independent Schoo '
O. Picher),
$60,000 general obliga¬
Dated May 1, 1955.
bonds.
tion
system
of
chase
wards, Inc., of Oklahoma
Clerk of
Shuler
(P. O. John Day), Ore.
Bond Offering — T. M. Biggar,
Offering—Hubert E. Mc-
County Indep.
No. 27
Grant
Oklahoma
were
Sch. Dist.
(P. O. Ardmore), Okla.
of May
Dist. No. 3
Portland,
Independent School
(P. O. Chouteau),
inclusive.
28—
as
Sayre, of Portland.
181, p.
United
Bond
callable
McCulloeh,
Winfree,
by
(CST) on April 7 for the purchase
$23,000 building and equipment
of
District No. 6
are
1958.
Principal and interest
(M-N) payable at the City. Treas¬
urer's office. Legality approved
bonds.
Mayes County
1955.
May
Dated
1,
1957 and 1958.
of
p.m.
on
1955.
bids
sealed
receive
8
May 1 from 1956 to 1967
inclusive. Bonds due in 1959 and
Due
(P. O. Kendrick), Okla.
Offering—E. D. Dickson,
Superintendent
of
bonds.
ment
107
Bond
until
bids
April 11 for the pur¬
$11,000 sewer improve¬
on
chase
The $45,000 water
jointly.
Carter
No.
ing
Canton, Okla.
will
(PST)
1957 and 1958
and
repair
Lincoln County
that the Board of
Education will receive
works
p.
Due in
Recorder, will re¬
sealed
ceive
equipment
transportation
$5,500
Beach, Ore. )g
— Ray P. Blank-
City
enheim,
will
p.m." (CST)
bonds. Due in
Solon, Ohio
—
The $70,000
181,
Gold
follows:
as
3,000
v.
181, p. 1491—were awarded to
fire the Small-Milburn Co., of Wichi¬
station bonds offered March 24—
ta, and Evan L. Davis, of Tulsa,
v.
bonds,
by Winfree,
& Sayre, of
Bond Offering
wards,
Clerk of the Board of
Education,
will
receive sealed
bonds.
(P. O. Anadarko), Okla.
Offering — Clerk Stanley
sas,
Jones,
(P. O. Addington), Okla.
Bond Offering — Howard Ed¬
7:30
January 1, 1958. Prin¬
approved
McCulloeh, Shuler
No. 22
until
on
The
Legality
County Indep. Sch. Dist.
Jefferson
April 4 for the purchase
Bond
to the
callable
6 for the pur¬
$75,000 building bonds.
of
inclusive.
cipal and interest (J-J) payable
at
the
City Treasurer's office.
April
on
p.m.
for the pur¬
$15,000 bonds as follows:
Sale
Bond
(CST)
$160,000
1 from 1956 to
bonds
are
January
on
1971
County Indep. Sch. District
Caddo
—v.
$60,-
Schools,
bids
$9,000 transportation bonds.
6,000 building bonds.
B
p.m. on
W.
will
Schools,
April 6
on
chase of
of
B.
F.
bids
sealed
(CST)
—
building bonds offered
$120,000
municipal building bonds offered
March 23—v. 181, p. 1364—were
awarded to Ryan, Sutherland &
Door
(EST) on April
the purchase
of $275,000
works system bonds. Dated
water
Offering
receive
incl
1962
to
Dist.
(P. O. Carter,) Okla.
50
as
100.53,
12
Galion, Ohio
Offering — Sealed
until
furniture bonds.
1957
Superintendent
for
of
April
on
Portland.
receive sealed bids until
to 1960
County Indep. Sch.
Beckman
until
Due
&
from
Due
Bond
l%s.
will be received
Ohio
&
bonds offered
Columbus,
Toledo,
of
Columbus, Fahey,
Clark & Co., Prescott & Co., both
of
Cleveland, Ryan, Sutherland
$209,000 various
March 25
—v.
181, p. 1363—were awarded
to the Market Exchange Bank, of
purposes
Braun,
of
Company
cinnati,
Bond
Hayden, Miller & Co.,
basis of about 2.52%.
Franklin County (P.
Ohio
Co.,
&
Bosworth
ton.
Delhi Township
composed
group
equipment
&
1, 1975. Principal
(A-O) payable at the
National City Bank, of New York
City, or at the Winters National
Bank & Trust Company, of Day¬
Dated
$1,670,000
building bonds offered March 31
181, p. 1364—were awarded
a
No. 5
(PST)
of
purchase
general obligation sewerage sys¬
tem bonds. Dated January 1, 1955.
County Indep. Sch. Dist.
(P. O. Wetumka), Okla.
Offering—J. J. Raghand,
Hughes
Ohio
The
—
—v.
to
'50,000 sanitary sewer improve¬
ment bonds. Due on Oct. 1
540,000
Sale
Cantoru,
$760,000
(P. O.
Sch. Dist.
Local
7
the
for
11
provement bonds. Due from 1957
to 1966 inclusive.
chase
6,000 repair and
No.
'''
bids until 8 p.m.
receive sealed
bids until 2 p.m. (CST) on April
5
for
the
purchase
of $10,000
water works extension and
im¬
inclusive.
Bond
basis of about 2.23%.
City Recorder, will receive sealed
will
Schools,
Sayre,
Enterprise, Ore.
Offering — A. E. Harris,
Bond
will
Clerk,
Superintendent
transportation
Ohio Company
on
Due
Sealed
bonds. Due from 1957
Braun,
price of 100.71.
a
of
7
L. Reeder,
Offering—Leo
Bond
Town
follows:
The $1,850,000
—
offered March 3
—v.
181, p. 1363—were awarded
to
a
group
composed
of the
Northern
TrusL
Co.,
Chicago
of
&
Shuler
Hammon, Okla.
purchase
$9,000
callable after
Winfree, McCulloeh,
of Portland.
by
proved
School
(P. O. Depew), Okla.
April 6 for the purchase of
000 building bonds.
(CST) on April 6 for the
of $15,000 bonds,
as
p.m.
1980 inclu¬
to
are
1, 1960. Principal and inter¬
(J-D) payable at the City
Treasurer's
office. Legality ap¬
County Independent
receive sealed bids until
bids
Clerk of
Education until 4
of
1, 1955. Due on
1956
June
received by the
Board
the
from
1
sive. The bonds
inclusive.
Superintendent
Dist.
(P. O. Carter), Okla.
—
until
Education
of
Dist. No. 21
Indep. Sch. Dist.
Offering
Bond
received by the Clerk
be
Creek
County Indep. Sch.
50
will be
building bonds
Coolville, Ohio
of
in 1957 and 1958.
No.
June
Sch. Dist.
Bond Offering—Ivan
equipment bonds.
portation
Ore.
Wesley Chap-
City Recorder, will receive
bids until 8 p.m. (PST)
April 12 for the purchase of
bonds. Dated June
(P. O. Depew), Okla.
Offering — Sealed bids
Board
1964
purchase of $8,500 trans¬
Beckham
sealed
(CST)
purchase
p.m.
(CST) on April 6 for the
purchase of $60,000 building and
furniture bonds. Due from 1957 to
(P. O. Sayre), Okla.
Offering — Nadine
4 for the
Offering— C. L. Miley
receive
will
receive
p.m.
2:30
—
$96,000 water works improvement
p.m.
Clerk of the Board of
Education,
will
receive sealed
bids until 8 p.m. (CST) on April
101.93, a basis
of the Board of
Camp¬
Whitely,
School District
(P. O. Wooster), Ohio
Clerk
8
the
for
Beckham County
Bond
Ohio
Sale—The $210,000 build¬
Bond
until
6
31
Bond Offering
Conley,
N.
County Indep.
21
Bond
1957 to 1963 inclusive.
Northwestern Local
1,
No.
$72,000 electrical distribution sys¬
tem .bonds..
Due serially from
No.
OREGON
Bandon,
will
Clerk,
Creek
the
will
Clerk,
bids
April
on
Whipple^& Co., of Chi¬
2 Vis, at a pri(:e of 101.18,
3s, at a pric%of
of about 2.81%.
•
2
on
Offering —L.
until
will
Offering—Daisy
sealed
until
bids
est
offered March 30 —
1491—were awarded
Securities Co., Okla¬
City
bell,
J. A.
inclusive.
Series
p.
Bond
Incfj Stranahan, Har¬
as
purchase of $3,500 build¬
ing bonds.
receive sealed
(CST) on
April 6 for the purchase of $5,000
water works extension bonds.
Town
Anadarko, Okla.
bonds offered March 15—v
p. 1009 — were awarded to
White & ;gfe., of Cincinnati
ing
for the
White,
bids
sealed
City, as 2 Vis.
homa
Montgomery Local Sch. Dist.,
:i;0,000 Equipment and Rehabili¬
tation, City Hall and Safety
Bldg. Fund No. 1 bonds. Due
on
May 1 from 1957 to 1972
147,000 Street
181,
v.
to the First
basis of about 2.14%.
Bond
sealed
Coyle, Okla.
bonds
ing
Schools, will
until April 5
of
receive
pell,
Sch. Dist.
No. 25 (P. O. Stilwell), Okla.
Bond Sale—The $22,500 build¬
Inc., both of Toledo, and
ris & Co.,
Superintendent
to 1960 inclusive.
County Indep.
Adair
Interesf JA-O.
worth & Co.,
Columbus, Ohio
sealed
bids
City Scfibol District, Ohio
Bond Sale—The $880,000 build¬
about 2.82%.
2
Bond
(CST) on April 4 for the
purchase of $6,500 transportation
equipment bonds. Due from 1957
OKLAHOMA
»
isis of
Board
Bond
Marietta
The
—
No.
of Education,
of the
terest M-N.
$206,000 3%
hiding bonds offered March 24 ing bonds offered March 30—v.
-v.
181, p. 1254—were awardec
181, p. 1491—wefe awarded to a
Ryan, Sutherland & Co., of group composed-fof the Northern
U'oledo, at a price of 101.84, a Trust Co., Chicago, Braun, BosSale
Bond
on April
of $10,000
(EST)
chase
V'
Indep. Sch. Dist.
(P. O. Jennings), Okla.
Offering —J.
A.
Nash,
County
p.m.
way,
:• v'-
.99%.
Pawnee
23
Edwards,
Inc., of Oklahoma City,
Dependent School
(P. O. Walters),
receive
March
of the Board
—
improvement bonds offered
«-Jarch 23—v. 181, p. 1254—were
1 warded to the Rockhold Brown
;ank, of Bainbridge, as 3s, at a
rice of 100.003, a basis of about
I
7
inclusive.
1964
Offering—Roland
Bond
Clerk
will
Lyons Village Lo$al School District
(P. O. Ly&ns), Ohio
Bond Offering
J. R. Tred-
Ohio
Bainbridge,
Bond
(P. O. Mineral Ridge), Ohio
Offering — J. T. Owens,
of Education,
aboutfj.58%.
OHIO
until
March
J.
R.
to
water
$40,000
offered
"bonds
awarded
were
Oklahoma
Clerk
23/4s, at a price of 101.25,
as
basis of
a
Cotton County
District No. 3
Bond
A. White
J.
to
Education,
bids
Sale—The
works
on
1957 to
from
Due
of
basis
a
Bond
April 5 for the
purchase of $7,500 building bonds.
(CST)
Weathersfield Township Local Sch.
Dist.
181, p. 1363—were awarded
Co., of Cincin¬
25—v.
100.95,
of
of
sealed
receive
will
p.m.
Miami
Great
River Ditch bonds offered
31, p. 1009—were awarded to the
ecurity National Bank of Edge>y, as
assessment*
cial
price
a
Board
63
Panama, Okla.
Dependent Sch. Dist.
(P. O. Ardmore), Okla.
Offering—J. J. Gazaway,
of the
Clerk
Co., of Toledo, as 2%s,
&
73
Bond
about 2.65%.
Logan County (P. O.
Belief ontaine), Ohio
Bond Sale—The $25,023.90 spe¬
Golden Glen Sch.
County,
No. 6
ist
No.
Stranahan,
aoth of Cleveland, and
2%s, at
a
Carter County
28
v.
181, p. 1364—were awarded
;o a group composed of McDonald
& Co., Field, Richardson & Co.,
Harris
iNORTH DAKOTA
iMoure
Co., of Cincinnati, as
price of 101.28, a basis
'
\Sale —The $1,110,000
building bonds offered March
A. White &
1
inclusive.
1981 to 1983
from
March 29—v.
1363—were awarded to J.
offered
bonds
ing
Ohio
$567,000 build¬
Bond Sale—The
April 1 from
on
Bond
Galion.
Graham Local School District,
City Sch. Dist., Ohio
Toronto
Bank,
National
First
the
at
cost
of 100.002, a net interest
about 2.48%, as follows:
ice
50
(1611)
The Commercial and Financial Chronicle
...
Due
on
July 1 from 1956 to 1985
Bonds due in 1971 and
inclusive.
thereafter are callable as
of July
1, 1970.
Legality approved by Winfree,
McCulloeh, Shuler & Sayre, of
Portland.
Oregon (State
Bond Offering
ards,
Board
sealed
on
—
of)
John R. Rich¬
Secretary
of the
State
Education, will receive
bids until 11 a.m. (PST)
of
April
11
for the purchase
of
$225,000 school building bonds.
Dated
April 15, 1955. Due on
1970 inclu¬
1965 and
thereafter are callable as of April
Bond Sale—The $25,000 build¬
15, 1965. Principal and interest
p.m.
(CST) on April 6 for the ing bonds offered March 29—v
(A-O)
payable
at
the State
purchase of $5,500 building bonds. 181, p. 1491—were awarded to the
Due from
1957 to
1960 inclusive.
District No. 15 (P.
Oklahoma
First State Bank of
Picher.
April 15 from 1957 to
sive.
Bonds
due in
Treasurer's
office.
Legality
ap-
64
(1612)
The Commercial and Financial Chronicle...
Monday
■
proved
by
Shuler &
Winfree,
McCulloch,
Umatilla
Bond Sale
County School District'
Echo), Ore.
$11,000 build¬
ing
offered
March
Leonard
p. 1254—were awarded to the
First National Bank of Portland,
000
school
to
building bonds offered March 23
v.
181, p. 1121 — were awarded
Borough Sch. Authority,
Pennsylvania
Bond Sale—An
to
of $1,950,bonds
was
3.00%,
2VzS.
from
1956
1960
to
340,000 2% s. Due
,
1971 to
'
3s.
Due
due
Bockius,
Charlotte,
on
^ approved by Morgan,
Lewis
1957
1962
The
&
(EST)
purchase of
water
system
Atlanta,
1957 to
1963
bonds.
Due
1956
1969
1955.
11
in¬
&
Dated
Potter
Bank
burgh,
or at the office
Trust
•<j£) of the University
Principal
or
New
York
will
Legality approved by Burgwin, Ruffin, Perry & Pohl, of
Pittsburgh
until
of'
$20,000
-
8
to
receive
1975
1967
of
as
p.m.
sealed
J.
bids
inclusive.
and
until
are
State
due
in
will
bids until 11
receive
(EST)
a.m.
13 for the purchase
bonder,
,,
Anahuac, Texas
Warrant Sale—An issue of
$45,-
Offering—Eugene Graney,
Clerk,
as
of
sealed
on
000 4M>%
April
sold
$2,300,000
of
follows:
$1,000,000
b6iids.
street
Due
on
bonds.
water
to
Due
on
bonds
son,
at
the
Trust C04 Erie.
by Totvnsend,
of
of
Warrants due
thereafter are call¬
Dec.
1,
1968.
Legality
Elliott
000
apnroved
&
COMBUSTION
from
Co.,
from
dividend
share on all
of
the
been
seventy-five
OTTO
President
record
W.
par,
cents
at
Feb.
due
1,
on
1986
Legality approved by
Huguenin & Boothman,
of Dallas.
a
group composed of Dewar,
Robertson
&
Pancoast, of San
Antonio,
Dwinnell, Harkness &
Hill, of Boston, Republic Na¬
tional Bank of
Dallas, Shearson,
Hammill & Co., New York
City,
R. J.
Edwards, Inc.,'of Oklahoma
City, J. Marvin Moreland & Co.,
sold
and
Investment
and
about 3.09%, as follows:
1956
to
1966
1967 to
to
Jan. 1 from
on
1986 inclusive.
on
1987
Lov
Due
1992
inclusive.
o
to
Jan.
water
February
works
system
inclusive.
and
bonds
man-Pollok
sanitary
sold
was
Co.,
of
.
from
Texas
"
Winston &
ix.
1966
inclusive.
inclusive:
on
Feb.
Feb.
1
inclusive;
Eddle¬
1
I
approved
Interest
J-J.
by
payable
Preston
Horowitz,
Thor~
Seattle"
of
County, Mabton Sch.
Bond Sale—The
]'
$155,000 build¬
offered March
24—v
1128—were awarded
to the
ing
bonds
181,
p.
e
■Siate.lJt Washington.
WEST VIRGINIA
West
1
Virginia University
(p.
Morgantown), W. Va.
.
Sale
revenue
bonds
30—v.
of
par,
of about
net
a
2.84%,
interest cost
follows:
as
'
$100,000 3s. Due
on Jan.: 1
1956 to 1960
inclusive.
100,000 2%s. Due
on
Jan.
from
1
from
1961 to 1965 inclusive.
220,000 23/4s., Due
on Jan. 1
from
1966 to 1976 inclusive.'
180,000 3s. Due on Jan. 1
from
1977 to 1985 inclusive.
WISCONSIN
Wash.
Eau Claire, Wis.
Bond Offering—O. E.
to
Wm.
until
of
Seattle.
P.
Harper & Son & Co.,
Ephrata),
Washington
Offering — Robert
County
receive
sealed
258,000
$420,000 bonds,
until
for
12
11
of
$60,000 building bonds.
Dated May 1, 1955. Due on May 1
inverse
5
urer's
office,
by
upon
City.
issue.
man
i
and
at the
or at
the
May
1
dated
are
(M-N) payable
Principal and interest (M-N) pay¬
able
at
the
County Treasurer's
on
Principal
Call¬
of
bonds
1955.
order
numerical
from date
years
1965 inclusive.
The
a.m.
pur¬
improvement
Due
1956 to
will
the
street
bonds.
S.
Treasurer,
bids
April
on
Grant
County School District No.
(P. O. Ephrata), Wash.
Bond
Offering — Robert
S.
156
O'Brien,
(PST)
chase
May,.:l>
t
n
e r
County
sealed
Treasurer,
bids
until
2
will
p.m.
April 12 for the pur¬
$160,000 building bonds.
on
of
purchaser
agreed
and
Fond
du
Lac
County
(P.
thereafter
call¬
are
1965. Principal
(A-O) payable at the
County Treasurer's office. Legal¬
ity approved by Burcham & Blair,
of Spokane.
and interest
1964
3s,
to
$205,000
from
15
for
the
series
K,
a.m.
(CST)
purchase
Sook,
sealed
April
$100,000
on
of
highway
improvement
May 1, 1955. Due on
)onds. Dated
May 1 from 1956
Principal
to 1959 inclusive.
and
interest ' (M-N)
payable at the County Treasurer's:
by
the
approved
of
bank to be
a
purchaser.
by Chapman
speci¬
Legality
& Cutler,,
Chicago.
'1
CANADA
King County, Mercer Island School
QUEBEC
District No. 400 (P. O. Seattle),
Magog, Quebec
Washington
Bond Offering—A. A.
County
Treasurer,
14
for
1957
to
1975
a.m.
the
$100,000 building
May 1, 1955. Due
Tremper,
will
sealed bids until 11
receive
(PST)
purchase
bonds.
on
on
of
Dated
May 1 from
inclusive.
Principa
(M-N) payable at the
County Treasurer's office. Legal¬
ity approved by Preston, Thor¬
grimson & Horowitz, of Seattle.
County, Olympia Schoo'
District No. 1 (P.O.
Olympia),
Washington
(PST)
sealed
on
bids
April
15
until
for
10
a.m
the
pur¬
$1,740,000 building bonds
Dated April 1, 1955. Due on Aori
1 from 1957 to 1970 inclusive.
The
bonds are callable 7
years
date
of. issue.
Principal
from
and
in
—
An issue of
sewer
$330,bonds
was
sold to
Nesbitt, Thomson &
Co., of Montreal, and Gairdner &
Co., of Toronto, jointly, at a price
of'
96.22,
about
net
a
3.80%.;
interest
cost
Dated April
of
1, 1955,
Interest A-O.
Pont-Viau, Que.
Sale—An
issue
000 water works and
sold
was
Offering — Martin
County Treasurer, wil
chase of
Bond Sale
000 water works and
Bond
Thurston
receive
1958
Offering— Arnold
County Clerk, will receive
bids until 11
office, and at
and
of April 1,
0.
Fond du Lac), Wis.
fied
as
the
Legality approved by Chap¬
in
1966
est
City Treas¬
bank
a
from
& Cutler, of Chic£.«D.
Dated April 1, 1955. Due
serially
in from 1 to 20 years. Bonds due
able
bids
April 13
on
clusive.
204J (P. O.
after
(CST)
follows:
Oien, City
sealed
$162,000 sewer bonds.
Due on
May 1 from 1956 to 1965 in¬
Sch. Dist. Nos. ISO and
chase
receive
a.m.
and
Douglas Counties,
Coulee City Joint Consol.
(PST)
will
9
for the purchase of
as
Grant
$38,000
from
and
O.
The
—
$600,000
offered
181, p. 1256—were
awarded to B. J. Van
Ingen &
Co., New York Cityrand
Young.
Moore & Co., of
Charleston, at a
dormitory
March
Clerk,
Bond
$57,000
from
a
office. Legal
Ar" *20 (P. Ch Yakima), Wash/
obligation bonds offered March 30
v.
181, p. 1364—were awarded
as
3%s, due on Feb. 1
uue
1971 to 1987 inclusive.
0-743,
"
to
bonds:
on
f.ndr!« (A-O)
City Treasurer's
the
lty
Bond Sale—The $59,000
general
Gruber,
revenue
1963
1970
sewer
Houston,
2s, due
due
Co., of Houston, purchased
$230,-
1
West Columbia, Texas
Bond Sale—An issue of
$400,000
inclusive.
to
Park,
to
Legality approved
by
Preston,
Thorgrimson
&
Horowitz,
of
and interest
-716,000 3s.
ton.
Galena
1 from
inclusive.
541,000 3%s. Due
any
sold
was
to the San Juan
County Bank, of
Friday Harbor, as 4s. Dated Jan.
1, 1955. Due on Jan. 1 from 1957
April
Jan.
on
follows:
Bond xi
Sale—Rowles,
:
Dallas
Rupe & Son, of Dallas, at a price
of
100.04, a net interest cost of
$300,000
_
general obligation bonds
receive
Texas City Indep. Sch. Dist., Texas
Bond Sale — The $1,500,000
Legality • approved
by
Vinson
Elkins, Weems & Searls, of Hous
and
—
Jt
revi,?!
The bonds are
callable
interest payment
date on
and after
April 1, I960.
Princinai
on
price
Water District, Wash.
Bond Sale
An issue of $5,000
inclusive.
Galveston, Muir
Corp., San Antonio,
(Pqt\
Bond
1955. The bonds
of
to
East Sound
serially from 1956 to 1978
Dumas,
p.m
elusive.
office.
3y2s, 33As and 4s.
Dated
are
the
STRAUSS
Treasurer
follows:
as
sewer
Dated Feb. 1,1955.
Interest F-A
outstanding stock
declared payable
April 2S. 1955 to stockholders of
Close of business
April 14. 1955.
1965 to
1964
totaling
sold to the Colum-
Securities
as
February
1955 to
158,000 3%s. Due
ENGINEERING,
Dividend No. 205
was
& Co., both
Houston, jointly, as follows:
$42,000 3%s. Due on
INC.
Vice
bonds
ett, Abercrombie
,
®SH5,ai,y' .bas
school
awarded
Marshall, of Seattle.
O'Brien,
system
revenue
bonds, as 3y2s, and 4y4s.
50,000 general obligation bonds,
An issue of
$200,
Eddleman-Pollok
Munson,
DIVIDEND NOTICE
A ' quarterly
—
1492—were
p.
1957 to 1975 inclusive.
Indep. Sch. Dist., Tex.
Bond Sale
181,
Foster &
in
Interest
Legality approved by Vin¬
Elkins, Weems & Searls, of
Evadale
Security-Peoples
County, Manson Sch. Dist.
(P. O. Wenatchee), Wash.
Bond Sale—The $131,729 build¬
ing bonds offered March 30—v.
19
able
May
Philadelphia.
.per
inclusive.
and
a
Texas
$243,000 3y2s. Due
1
_
was
First of Texas
Corp.
Dated Dec. 1,
on Dec.
1 from 1955
Houston.
dated
are
1,
1955. Principal and interest
(M-N)
payable
as
J-D.
1956 to 1985 inclusive.
Due
1969
able
warrants
Antonio.
1973
in
improvement
May 1 from
the
San
1953.
improvement
May 1 from
1956 to 1975 inclusive.
1,300,000]
to
City Hall
by
Chelan
No.
Bond
Bonds
8
April 1, 1955
Due
April 1 from 1957 to
1968 in
on
Interest
M-S.
Legality
Preston, ThorgrimHorowitz, of Seattle.
&
of Houston, as
2y4s. Dated Feb.
—
until
Dated
1967 in¬
from
to
Erie, Pa.
Bond
Sale
were
bids
April 5 for the
purchase
$210,000 water and sewer
Bond
$785,-
sold to
school house bonds offered March
30—v. 181, p. 1492—were awarded
Bank, Eureka.
TEXAS
City
March 1 from 1956 to
on
Grandview,
callable
bonds.
-
5y2s. Dated March 1, 1955. Due
Corp.
of
Texas,
San Antonio, and the First South¬
west Co., of
Dallas, jointly, at a
8
May 1, 1966. Principal and
(M-N) payable at the
Eureka
obligation
Bond
of Jscaiu^,
Son & Co.,
Harper &
as
inclusive.
>175,000
)ia
Liedle,
Bonds
thereafter
136.17. Local Improvement District
Noi 4 bofids was sold to Wm. P.
Co.,
Olton,
of Education,
interest
the purchase
general
H.
—
An issue of
and
-
—
Yakima
Brewster, Wash.
Sale — An issue of $13,-
Bond
1955. Due serially from 1956 to
970
$125,000
gation building bonds. Dated May
1, 1955. Due on May 1 from 1957
Lansdowne, Pa.
Bond Offering — Catherine D.
Taney,. Rbrough Secretary, will
bids
Offering
&
2y2s
;
Vancouver, Wash.1
Bond
Offering
George v
Carson, City Clerk, will
receiv*
grimson &
WASHINGTON
Dist., Texas
was
&
by
Seattle.
1491.
p.
181,
&
price of
p.m. (CST) on April 11 for the
purchase of $85,000 general obli¬
East
sealed
2%s,
1,
DAKOTA
Clerk of the Board
of
composed of John Nuveen
interest
Simons, of Charleston.
Bond
agency
—
re¬
Co., of Chicago, Moroney-Beissner
&
Co., of Houston, R.. A.
Underwood & Co., R. J. Edwards,
nc., both of Dallas, and Rowles-
,
March
Eureka Indep. Sch.
Dist., S. Dak.
Co., Pitts¬
in
(EST) oh April 4 for
and
181,
building bonds
group
Winston
March 1 from
dated
bids
foregoing corrects the
published in our issue
Bond Sale
inclusive.
are
SOUTH
City.
receive
March 1 from
Sept. 1 from
on
Principal
interest (M-S) payable at the
•
inclusive.
1976
sealed
&
1968 inclusive.
to
receive
Odessa Junior Sch.
Georgia, of
March 1 from
on
will
March 28—v.
000
on
Legality
April 11 for the purchase of
$1,000,000 building bonds.
to
March 1 from
on
1965
bonds
inclusive.
&
to
1966 to
The
sold
1962 inclusive.
18,000 2s. Due
M-S.
until
$200,000
was
follows:
on
Interest
LaMarque Indep Sch. Dist., Texas
E. H. Black, Superintendent of
Schools,
port
pany of Georgia, of Atlanta. Le¬
gality approved by Sinkler, Gibbs
for
3.225%
Sept. 1,1953.
and
as
$30,000 2V4s. Due
3y2s,
1, 1955.
The
nontax-ex¬
exceed
1993
1,
(M-S) payable at the Trust Com¬
14
$900,000
dormitory
to
bonds
59,000 2%s. Due
until
Feb.
S. C.
the Trust Company of
as
March 1 from 1956 to 1979
on
approved by McCall, Parkhurst &
-; —
1,
Crowe, of Dallas. -
Simons, 91 Charleston.
Walhalla,
Ratliff, of Fort Worth,
Due
from
the
April
on
empt, not to
terest
bids
dated
are
18,000 2V4S. Due
sealed
a.m.
bonds
system
sold to Keller
10—v.
Co.,
and
Goldman,
Co., both of New York
City, jointly, as 2.10s, at a price
of 100.085, a basis of about 2.08%
Sachs
$81,000
sewer
was
$832,000 school
&
Barney
son
4s and 4Vis. Dated March
from
inclusive.
Feb. 1
on
Bond Sale—An issue of
Offering—Very Reverend
Gallagher, President,
receive
1
change Bank, New York City. Le¬
gality approved by Sinkler, Gibbs
Vernon- F.
will
Feb.
1955. Principal and interest (F-A)
payable at the Chemical Corn Ex¬
Scribner,
me
University (P. O.
Pittsburgh), Pa.
Bond
on
1975 to 1980 inclusive.
Philadelphia.
,
Due
&
and
bonds
revenue
Feb. 1 from
on
works
water
inclusive.
,78,000 3Y4S. Due
Arthhrs, Lestrange & Co., both
of Pittsburgh, Aspen, Robinson &
Co., of Philadelphia, Bache & Co.,
of Rew York, C. C. Collings &
Co.; In<& Dolphin & Co., Rambo,
Close
Kerner, all of Philadel¬
phia, Reynolds & Co., of New
Yprk, Rbhmidt, Poole, Roberts &
Parke, of Philadelphia, A.
E.
Masten > &
Co.,
of
Pittsburgh,
Thackafca, Grant & Co., of New
York, Thomas & Co., of Pitts¬
burgh, arhd Yarnall, Biddle & Co.,
„
Feb. 1 from
inclusive.
rw
offie^ legality "^
Preston; •Thor2rWP~
Horowitz, of Seattle: y f ..11
proved
bonds.
1492—were awarded to Smith,
clusive.
Idalou, Texas
Sale—An issue of
School District,
March
offered
approved
Bond
1965
to
to
April
Corp., of
1966 to 1974 inclusive.
Sherrerd, of Philadel¬
phia, Ira Haupt & Co., Hemphill,
Noyes & Co., both of New York,
&
sold
was
on
1961
82,000 3s.
Butcher &
Deane
to
$200,000
follows:
as
20,000 4M>s. Due
&
Philadelphia.
Other syndicate members: Kid¬
der, Peabody & Co., of New York,
of
bonds
$20,000 2Y4S. Due
of
Singer,»
callable
are
guenin & Boothman, of Dallas.
as
Town
Bond Sale—The
in
due
improvement
1,
.Bond Sale—An issue of
the Interstate Securities
are
thereafter
and
of
Bonds
water works and sewerage system
Apr. 1,1955.
Principal and interest (A-O) pay¬
able at the Philadelphia National
Bank, of Philadelphia. Legality
^
CAROLINA
inclusive.
1989
15, 1975. Principal
and interest (A-O) payable at the
City National Bank, Houston. Le¬
gality approved by Dumas, Hu-
'
1995.
The bonds
12
Timmonsville, S. C.
April
on
April
1976
1976 to 1980 inclusive.
1,050,000
bids
1953
ty Treasurer's
sealed
Vermont
p.
tees, will receive sealed bids until
bonds.
SOUTH
April 1 from
on
until
Springfield
'
8 p.m.
1,
d
1 ^>
on
School District,
Offering—W. L. Wheeler,
of the Board of Trus¬
Feb.
y
terest (A-O) payable
at the
F-A.
VERMONT
bonds
President
dated
are
Legality ap¬
proved by Vinson, Elkins, Weems
& Searls, of Houston.
n s 0 n,
Texas
Bond
bonds
Interest
1955.
(A-O)
to
received
1975 inclusive.
245,000 2%s. Due
10,
system
inclusive.
be
' 1961 to 1970 inclusive.
;/;
215,000 23As. Due on April 1 from
1
April
for the purchase of $32,000 sewer
will
1
April 1 from
on
10
Elkin£,
Searls, of Houston.
V i
Galena Park Indep
Steele
\
The
April
on
dated
are
by
Weems &
Singer,
Pleasantville, Pa.
Offering* — Sealed
Bond
April
on
Due
(CST) on April 11 for the
purchase of $500,000 school house
refunding bonds. Dated April 15,
1955. Due on ApriL15 from 1956
follows:
as
Due
bonds
approved
Co., and McKelvy & Co., all of
Pittsburgh, as 2%s at a price of
100.07, a basis of about 2.74%.
syndicate headed by
Stroud & Co., of Philadelphia, at
a
price of 98.04, a net interest
$100,006
3%s.
&
a
cost of about
a
group composed of
Deane & Scribner, Fauset,
issue
revenue
—
3y4S.; Due on Feb. 1 from
1956 to 1979 inclusive.
as
April 10 from
on
payable at the National Bank of
Commerce, of Houston. Legality
Coraopolis), Pa.
Sale
The
$117,000
100,000 general obligation bonds
■*
•>
1981 inclusive.
1955. Principal and interest
R. D. No. 2,
PENNSYLVANIA
1
from 1982 to 1985 inclusive,*
The
Twps., Moon
Sch. Union Sch. Dist. (P. O.
Bond
sold
price of 100.16.
Moon and Crescent
2s, at par.
Columbia
a
follows:
as
1976 to
200,000
improve¬
obligation
bonds,
$30,000 3y2s. Due
was sold to Moore,
Lyhch, of Pittsburgh,
&
2%s, at
as
21—v.
181,
as
sewer
general
ment
$200,system con¬
struction bonds
Sale—The
bonds
An issue of
—
000 street and
No. SCJ (P. O.
Bond
000
Monessen, Pa.
Sayre, of Portland.
April
*
__
to
Ltd.,
of
95.07,
a net
4.41%,
as
$155,000
of
sewer
$581,bonds
Garneau, Boulanger,
Quebec,
at
a
price
of
interest cost of about
follows:
S^s.
Due
on
April
1
from 1956 to 1965 inclusive.
426,000 4s.
Due
on
April 1 from
1966 to 1975 inclusive.
,
@FedFRASER