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»55gsw ISSUE MONDAY 3 1953 /j "The Commercial as Chronicle Financial Reg. U. 8. Pat. Office New York Number 5243 Volume 178 Price 7, N. Y., Monday, August 3, 1953 $1 Copy a i General x RAILROAD Corporation and Investment News PUBLIC UTILITY - Net of Earnings —V. ^ 624,716 taxes— income for capital $576,078 941,740 $0.61 __./ outstanding— shares share 2433. per 176, p. . $491,810 941,740 $0.52 1953-^4 Wks.—1952 New York Sales — —V. $996,677 V ——i__ 177, 2669..-;. / ' p. • / ; ; . been table TV-radio - due steadily to Johnson, Vice increasing pro¬ President-Sales, phonograph combination time Admiral the executive disclosed list the that duction dustry goal of the television receivers and added that 6,500,000 set year.—V. 177, p. 2669. 1,000,000 a Exchange.____37 ; —__37 Exchange.... Toronto Exchange. Exchange...€1— Stock Markets Over-the-Counter in¬ Transactions New York Stock Exchange.. Transactions American Stock Exchange Alleghany Corp.—Exchange Plan Approved— Dow-Jones Stock and Bond Averages approved a stock exchange July 20. The Commission authorized Issue 28,367 shares of $4 prior preferred convertible stock, without par value. This stock will be offered to holders of Alleghany's $2.50 prior preferred convertible stock on a share-forshare basis. The exchange is designed to satisfy back dividends on Interstate The of this Alieghany to Commerce corporation plan Commission SEC Index of Stock Prices j The basis of shares 16 required submitted an aggregate Young, Young. The directors Intend, following termination of the exchange offer, to call for redemption as soon as practicable the unexchanged shares of outstanding lirior preferred. The redemption price will be $50 per share plus accumulated dividends at the redemption date. If the re¬ demption date were Sept. 1 the redemption price would be $79.79, of 16,566 shares of the —V. Federal & Dye $ Bales & revenues oper. Cross income from oper. exp. and 2,523,486 1,078,884 taxes— profit Net Earnings —V. ——I- 1,833,264 bank larger percentage We but profitable this acquired before taxes Federal Net and 43,992,516 ■ r" 11,384,413 income 10,078,716 22,421,402 10,819,107, 21,719,447 1952 $2.33 - .. 1951 1950 $ $ $ 257,209,071 173,964,755 car income 1953 for capital of No. periods is after deduction of Federal excess profits tax at rate of 30% ^provided under new law. Deductions in first half of 1953 for amortization of facilities covered by cer¬ tificates of necessity amounted to $2,871,337 as compared with $1,300,000 In first half of 1952. All figures for 1953 are subject to audit and possible annual adjustments.—V. 177, p. 1897, NOTE—Net 260,416 $1.54 Earnings and p. share—* per Frank H. 260,416 $1.58 President,- stated that the corporation's order good, being substantially the same as a year .ago the last half, are presently encouraging.—V. 176, Bishop, position backlog outstanding shares $411,840 prospects is for 1665. 17,636,020 5,945,686 112,806 112,362 41,797 113,902 75,184 80,096 49,300 64,644 47,173 431,102 458,018 327,473 249,556 70,790 79,175 50,621 56,509 21,276,801 18,376,672 6,562,765 1,070,595 905,077 693,797 .1,867,835 -893,714 245,369 241,422 296,064 272,809 — Royalties discounts _____ Miscellaneous Total charges royalties— to € Months Ended June 30— Net 27,852 218,285 321,664 1,681,064 1,483,180 313,338 72,764 72,787 341,387 731,533 17,910,531 9,225,555 14,797,175 4,937,912 555,761 7,595,010 2,261,998 119,568 7,202,165 2,026,150 1,198,800 2,675,914 344,446 436,193 : after taxes— per share profit Earnings E. "Swivax" vaccine $6,706,375 381,376 $1.23 new- hog _ President, Cahill, A. cholera $7,425,161 1,225,714 said: "Sales of our relatively continue to increase and may earnings, taxes, etc. tFederal income taxes— and Sales Income operating Federal U. and S. excess Earnings standardized botanical drug and is the result of almost research effort. VERALBA has now been approved by the Council on Pharmacy and Chemistry of the American Medical Association and is being aggressively advertised and promoted. two •After chemically tion tised income taxes taxes of for Gamma by 1953 and share on hand — at cost receivable (net> Car purchase option—uncons. subs. Investment in unconsolidated subs. Due from unconsolidated subs., net Interest in car lease rental pay¬ 23,233,236 f$2.25 preferred dividend requirements. split-up in April, 1953.—V. one 19,782,066 ^Adjusted to give effect to 178, p. 237. the the company contracted with the National Paralysis for the sale of its entire produc¬ Globulin through June 30, 1954. This product is being the and first 1953, Aluminum Tubing Co., " The Infantile Foundation on to combat this contract were poliomyelitis outbreaks. expected to be made during the half of 1954."—V. 177, p. 2245. are Substan¬ made during the first six months , . , last half of . - 1953 Cash U. covering and one used on company July shares 2,400 2,400 shares 20 filed a letter of share of each class of for working capital, ./ 8% cumulative preferred securities, Govt, & ments accounts due after one stock • (par $25) in units of securities - -r \ ^ ~ •. * ' .*• made to the and allowances. charges SAfter discounts BALANCE SHEET, APRIL 30 1952 $ 1951 $ 57,261.729 60,438,332 20,068,202 1,655,014 40,558,142 19,601,707 500,000 22,641,866 20,433,840 839,700 559,000 15,000 15,000 12,263,562 500,000 4,544 1,194,493 574,904 281,253 267,158 1,250,977 801,879 45,005,228 1,349,856 46,088,993 1,014.291 19,647 997.544 1,180,020 (net)— Prepaid taxes, insurance, etc.—— Misc. securities (less reserves) Total $119,247 47,294,381 Inventories Marketable tFederal 19521; 893,519 (estimated! stock at $30 per unit. The proceeds will be etc. of $1.51 $1.08 expenses. (in year of cash and securities for compensation, insurance, etc Accrued unbilled escalation charges of notification with theSEC (par $5) to be offered of common stock banks and in S. property.: and Deposits Spokane, Wash.—Files— $112,602 result 1,519,612 1,798,200 51,491,820 5,472,981 — of a $ 28,191,640 $2.64 shares common and 1953 •Plant 27,133,771 9,811,516 - common per CONSOLIDATED ASSETS— 56,897,857 years tial deliveries of for of tax benefit (in 19501, as Welfare Plan. before $98,359 for Employees' 8,976,183 foreign profits $ selling 67,550,734 31,440,780 taxes income Net Number •Earned March, and $8.63 general $10.10 administration, shown are 19511 1,931,961 share per •Including tNotes past month we have introduced a new human specialty which will be used in the treatment and control of high blood pressure. The name of this product is VERALBA. It is a new, highly potent, "During paid—. paid- dividends Common 8,684,976 2,026,150 361,449,769 277,433,501 revenues income before for Prov. gradually the Foundation dividends Pfd. 1952 $ sales of Anti-Hog-Cholera Serum and Virus. This trend, If continued, will allow us to effect certain changes which should result In more economical operations. lour earnings Net - COMPARATIVE 1953 6 Months Ended June 30— 765,376 replace "Within before Net Reserve (& Subs.)—Earnings— 105,192 444,147 - charges— taxes Aluminum Co. of America 1952 587,714 $1.89 - taxes before Profit 1953 • sales Net Subs.)—Earnings Higher (& 60,439 retirement Non-operating property expense (net) „ (in Laboratories, Inc. Allied 966,259 20,506,823 income—dividends 1,416,540 1,004,700 $400,653 income Net 119,657,304 147,470,154 232,587,675 152,399,530 109,742,247 142,620,964 4,114,574 3,929,205 3,969,371 3,883,931 goods sold Miscellaneous 1952 ACCOUNT 1952 $ and sales Interest • $8,441,010 INCOME 1953 . of Other . $381,376 $1.23 1953 Taxes seii- "Earnings from oper.__ • 1,453,645 1.052,992 taxes—.———— before partially a as CONSOLIDATED April 30— Depreciation $10,445,165 sales',^— 20,633,771 $2.45 $1.22 $1.34 share per Net Incotne 23,358.745 11,894,045 taxes Earnings 44,140,849 exeess on company ' Corp.—Sales Up—Earnings Off— 6 Months Ended June 30— I 20,897,823 23,278,458 - inc. profits income work defense our company Loss on prop, Income of . company's the COMPARATIVE " Allied Products capital. "Our balance sheet," explained Mr. borrowings of $15 million and this amount if we had not succeeded in arranging working for cash the Avion Instrument Corp. with an excellent research reputa¬ an introduction to electronics and further developments along that line are contemplated." small Charged 1,839,681 capital has increased from approximately million. Additions from earnings over and the year we acquired "During tion. Interest __ $61 to considerably substantial —a $6,706,375 ' 765,376 384,000 $587,714 $1.89 .' share per last erties." 46 177, p. 2245. as diversification program, Mr. Rovensky reported: "The disposal of our surplus properties is almost completed —the largest surpius plants—Chicago, Detroit, Madison and Wilming¬ ton—have all been sold as well as certain other miscellaneous prop¬ 2,408,052 Dr2,033,052 in "shows be Explaining 1953 1,225,714 638,000 — income State and taxes earned in its history."/ ever when our costs proved to be much lower The regular product backlog was reduced get into fuller production as material re¬ working 1952 liquidating basis." $7,425,161 * • ... — income paid $12,295,000 in direct achieve the above result, With the exception of one dividends, plus the proceeds of several plants sold, produced increase would Cash on loan- in Rovensky, Inc. (& Subs.)—Earnings— Ended June 30— .... before Federal 2,199,492 securities on ' " $ $ - sales Profit 244,326,336 39,953,343 1,696,504 and bonds - Six Months Net 141,652,865 122.036,493 271,661,075 23,615,006 17,985,675^ 44,025,415 income Interest Profit - this •Cost - company than to rentals and misc. div. Interest, 1953—6 Mos —1952 ■■ - Corp.—Earnings Increase- 1953—3 Mos.—1952 the "to eased." were cash §Gross Allied Laboratories, Allied Chemical above 46 ... regular million. $21 such prices able company's million Years End. 173, p. 237. Period End. June 30— System ., the fc "but the increase in work was also highly.,, castings, estimated. being our The _46 Reserve than smaller tank reducing $53 Statement of Member Banks of Condition for exchange, including 1,500 by Robert R. Board of Alleghany, and 11,650 shares by Mrs of greater percentage of the company Rovensky, Mr. products, originally strictions 46 Banks Reserve prior to that time. As of noon July 21 a total of 68 holders had of lines about miscellaneous considerably to due .45 Foreign Exchange Rates Combined Condition Statement of Federal regular and is . Payable and Declared increase an a company had a backlog of orders amounting to million—consisting of 183 million defense and 94 the $277 than Redemption Calls and Sinking Fund Notices__46 Dividends The was Mr.. Rovensky, stated taxes said earn 1, tarily News.Cover 51 Clearings of Bank Course The common in ~ Chairman Offerings State and City Bond : stock of $1 par value to meet the added connection with the conversion privilege. corporation on July 21 stated that its exchange offer for the outstanding $2.50 prior preferred convertible stock will terminate at 3 p.m. (E.S.T.) Aug. 14 and will not be extended. The stock must reach the exchange agent, Marine Midland Trust Co. of New York, of shares 453,872 shares log a General Corporation & Investment preferred was convertible on the basis of one share for 10 shares common. In addition to the new preferred, Alleghany will issue $2.50 •of '• ' ( into common stock on the each share of $4 preferred. The for common . turn represented approxi¬ more than • increase of an cars, carburetors, valves, storage forgings, and weldings.-This back¬ year—especially in the defense division. Chairman Rovensky stated that "this is in part due to the change in the character of the backlog, as we worked off some of the heavy tank orders and took on lighter but equally desirable shell orders. The amount was also reduced about $42 million by our volun¬ tanks Miscellaneous Features converted be may of ! * - the $2.50 preferred. new preferred i . million, ,.r indirect this is more June million Stock Averages_33 33 National Quotation Industrial on of $257 in work last," - to approximately 40 43 ' 44 33 33 __33 Toronto Stock Exchange—Curb Section... had year, As 37 —38 39 ... over diversified - to "Therefore," really war . Stock Exchange Stock Canadian the headed for was Stock than of addition taxes. Exchange__..____i4--—-----35 Stock Montreal previous 27-inch models, despite the addition of *. golden picture frame, scientifically-tinted optic filter, aluminized picture tube and numerous chassis improvements. . Mr. Johnson said Admiral is well on the way toward its 1953 pro¬ from Stock Exchange.______________34 Francisco San price of the company's new 27-inch console with doors will be $675.00, unchanged volume In to 1952—which over year satisfactory." - we Pittsburgh amounted 1951.'"Defense this the Stock Exchange 47% over sales Stock Exchange Philadelphia-Baltimore the remain mately 45% Exchange_J„L____--—• Stock Midwest an¬ ■ same the $40 C. W. Prices 21-inch he said; At to of the $179.95 17-inch and the $199.95 $299.95 21-inch console, $399.95 24-inch console $399.95 -tame, $20 costs, $10.10 per stockholders in ■' / \ sales uross Exchange . Earned John E. Rovensky, Chairman of the the company's 54th annual y * ./'/"/ ' v:' , year; told report. •" Stock Exchange____>__^___..^_— Los Angeles material 27. models, Stock Stock Detroit July on 21-inch *nd increased from and nounced Board, (Bonds) Cincinnati Admiral Corp.—Increases List Prices—; *' prices of 21 recently introduced 1-954 Admiral television models duction Stock Exchange Boston litft tuive 202,165 last (Stocks) American $997,810 V $6,305,585 A $6,347,054 "/_ .. Stock Exchange New York 1953—26 Wks.^-1952 * — equal after preferred dividend requirements to $10.10 per share on the outstanding common stock, compared to $8.64 per share last year on fewer shares. This compares with net earnings of $r<,- Slock and Bond Quotations Adam Hat Stores, Inc.—Current Sales Off Co. Foundry & 30 amounted to $8,684,976, Page Period End. June 27— Car Share—Consolidated net earnings of this com¬ and its subsidiaries for the fiscal year ended April pany In This [f$ae- 969,297 477,487 1,200,794 ,, taxes profit Number American $21,975,086 $19,911,689 Income before Provision MISCELLANEOUS - Common June 29,'52 June 28,'53 j. : Forfit INSURANCE - (& Subs.)—Earnings— ABC Vending Corp. 6 Months Ended— Bales INDUSTRIAL - — 915,553 1 1,780,696 20,542 165,197,149 149,486,459 145,094,784 The Commercial and 2 Financial Chronicle... Monday, (382) BUSINESS—The LIABILITIES— «S100 stock Preferred 16,483,500 stock — — Notes payable (banks) —Secured long-term notes payableAccounts payable, payrolls, etc Prov. for Fed., State & local taxes Advance payments received on sales ^Common contiacts Res. for 10.125,893 15,217,647 11,384,528 9,957.367 3.380.180 995.247 1,305.187 81.076 7,298.369 7.729.209 Res. for dividends on common 7,121.588 Corp. Line Car , Capital surplus Earned 18,533" 791 2,943,391 37,943.093 31.319.891 26,606,932 165,197.149 149.486.459 145,094,784 «After reserve for amortization and depreciation of $56,582,062 in 1953; 856,978,414 in 1952 and $57,910,403 in 1351. 'Includes $.25.96/ in 1953; $511,607 in 1952 and $621,602 in 1951, maturing subsequent to one year. ^Represented by 599,400 shares (par $25 in 19o3 antl no par in 1952 and 1951*.—V. 178, p. 237, 1 Total the 1936, — sale time from Co. Chicle American Net key personnel employed by Amercoat* the company has reduced holdings in Amercoat to approximately 76', of the presently outstanding stock. The company does not now contemplate making anv further sales of its Amercoat stock. in and Gifford-Hill Pipe Co., a subsidiary of building materials supply company operating pri¬ marily in Texas,' formed Gifford-Hill-American, Inc. under Texas law. Fifty per cent of the outstanding stock or toe new corporation was taken by the company and the other 50'7 by Giffoivd-Hill Pipe Co, Gifford-Hill-American, Inc. operates plants in Grand Prairie and Victoria, Texas, for the manufacture of reinforced concrete pipe for water supply lines and sewer systems. 1950 the 1947 S3,838,050 1.673.923 $2,191,067 $1.69 $1,997,790 $1,865,919 $2,164,127 $1.54 $1.44 SI.67 $1.25 $1.25 SI.25 $1.25 Witter $0,18 +$0.08 so.i: purchase from the company and the selling stockholders the number of shares of common stock set forth below: subs....- SO.18 for to Dean & Periocl End. June 30— for Prov. Net — Net Fed. for earnings Dividends shares Common Earnings stock outstanding 8 ,537.979 period of share— common per end at adjustments for tax provision audited statement for the year.—V. 178, p.-293. retroactive ♦After The of per share and Payment York made Y.—V. N. 15, be 177, letter A of notification shares of (approximately $22 Calif. Francisco, filed was One SEC be to to are the Natural Gas American tracts G. for large Louisiana The Woolfolk, * have Application for from signed the in gas announced 21 Gulf Stanolind- Oil with & that Coast Gas will to authority Louisiana chiefly build American to the markets. Natural's markets These principally in Michigan and Wisconsin.—V. 177, made in PROCEEDS—The the sale made (1) the of net —V. but the company 178, replace improving its Oakland, at of certain units of the purchase and installation Calif., the remodeling the management The remaining offered certain by proceeds shares be CAPITALIZATION GIVING offered the of received and company the by EFFECT outstanding are •Common ♦On 199,260 of 2V4 stock to 19, shares the in form thereof, one share by a of the Co. of of 25 then cents and and value par 448,335 outstanding the (on shares and to a authorize share to which was of basis common the company stockholder a scrip certificate equal in the stock in conjunction aggregate to receive to in with one full exchange is promissory notes on annually, in the face amounts respectively, held bv Guaranty J It dividend of on is 25 the the July 6, 448,335 present cents 1953. a 67,474 $3,792,370 $3,347,655 76,900 59,582 800,577 745,099 $266,902 $223,847 $2,991,793 $2,602,556 debentures of pro debentures named have below made firm a stock; new pfd, stk... 44,155 the of the on last 80,000 - 373,250 $2,548,072 $2,229,306 1,289,200 1,331.741 1,289,200 $0.17 $0.15 $1.91 $1.72 share the later of purpose for 177, financing future loan, which March March will Arrangement— 1953, shares intention share on paid of of this an initial dividend such the common directors stock in stock to pay November construction, short-term a and than ments Credit 31, 31, not 1954 1954. exceed (as The will working capital Exploration guaranteed with 176, the Co., the by total ♦Earnings on * After corporation July on 299,850 $1 at net June increased borrowings The proceeds 17 shares share per be to are filed of letter a Royal used for for Corp. (& corporation . whereby be to retired Arkansas / • from $60,the interest at 1953 1952 $7,199,857 inc. general issued Gas 3,723,558 of Cities $2,253,2"! 7 $l.i8 1365. p. of Corp. so plan, (successor of delete to this accept Arkansas the to corporation, therefrom preferred might to amendment an structure as company's the Amended— approving corporate Co., that to the sale banks by Arkansas Fuel. Pursuant subsidiary bonds bids at by stock, the pro¬ which Under and of of Arkansas competitive of $23,000,000 Natural, bidding; designating interest which bids were such of Natural) in exchange of serial 10-year rates offered and of rejected on 5% $35,000,000 May and because proposed -financing represents 25, the will terms receive share one of .. the merger Beatrice holders of share one of $100 new stock common seeks such is first of it a utility mortgage received The exchange but will require shares 81,250 new preferred of presently ^unissued the issuance stock of respectively, for the high interest rates. the elimination Arkansas from Louisiana, the and plan the of more such bond Commission has financing now its the funded common preferred stock Foods Co. of of authorized Beatrice 81,250 shares 4>/2% pre¬ stock will be non-callable until July, 1956, when it can be called price of $104.50 for one year thereafter, with the call price gradually diminishing In subsequent years. The presently outstanding ferred at The Beatrice new a 43,361 shares of undistributed Since will 3%% in be of part of cumulative priority Creameries the be merged combined fiscal our convertible into does G. Karnes, President, stated. maintained, total sales for this fiscal million and months 280 beginning million dollars, Creameries are million of Aug. If the at end the he Foods remain of as only during not 1, last seven the Feb. until Aug. 28, 1954, rate of sales is somewhere between present will year dollars, 1, Beatrice operations which year William 275 will preferred rights. or will said. present be should rate, for the close to sales However, be he added. America's earnings for the months ended six June 30 18% after taxes. Creameries' sales for the same period are The company's milk sales are up 3% unitwise and ice cream sales are up 7%. This compares favorably with Beatric Foods. No estimate of the earnings of the combined companies is possible, Mr. Karnes said, because each company has a different reporting up 4.3% up . period. Where Beatrice Foods However, 31 30% was Creameries reports Beatrice above Stanley Creameries, a year will earnings basis the ofi income net McKenzie, who reports the on Foods' three basis, calendar a on ended months 12 the for Feb. ended months 28. May ago. formerly become President and Vice-President a operations.—V. 178, General and Manager District of Manager 43. p. (A. S.) Beck Shoe Corp.—Current Sales Up— 1953—4 Wks.—1952 dtbt and to assist in and expects in the near future to Commission for approval.—V. 178, financing present p. a its 1953—26 Wks.—1952 84,512,722 $23,621,909 $23,233,281 $4,598,125 177,' 2670. p. Bell Telephone Co. of Pennsylvania—Earnings— Period End. May 31— 1953—Month—1952 1953—5 Mos.—1952 s $ $ $ Operating revenues 21,719.595 18,900,739 107,371,267 92,409,498 expenses 15,621,888 14,174.146 75,851,297 68,531,140 2,408,900 1,776.700 12,605,100 858,179 740.346 4,312,605 9,074,100 3,658,302 Federal Other income taxes... operating operating Net taxes— income 2,830,628 2,209,547 14,602,265 11,145,956 charges——. 2,318,785 1,724,481 12,140,307 8,750,607 after 177, 2566. p. Steel Corp. Per. End. June 30— (& Subs.)—Earnings— 1953—3 Mos.—1952 Net billings Total inc. before & 1953—6 Mos.—1952 $ $ 555,885,299 340,413,651 ——— $ 1,056,293,226 806,785,149 de¬ | 1C8,174,696 — other 25.916.290 199,527.318 92,014,970 2.577,472 1,802,306 5,123,929 3,562,901 18,S63,121 13.435,299 37,708,253 27,847,339 Prof. fcef. 86,634,103 10,678,685 156,695,136 60,604,730 Fed. taxes inc. taxes.. based - on income Net 58,100.000 income 5.300.000 28,534.103 *Earns. com. per *After cluding ' 5,378.685 $2.81 $0.39 97,200,000 36,300,000 59,495,136 - 24,304,730 shr. deducting provision NOTES—Steel quarter 1953 of capacity of production of tons is net net tons tons second thfe and 101% preferred castings) the of for 104.8% tln- second the rated with steel of 1953 and the of compared as first quarter $2.19 , stock, facilities. averaged then approximately $5.87 the annum, for the of on emergency tons per for respectively, duction net of (ingots 4,600.089 4,496,424 of net dividends amortizaiton for 17,600,000 production 63.5%, • quarterly quarter 1952, rated capacity. capacity.—V. 177, or 103.6% and steel pro¬ Current p. 1898. B/G Foods, Inc. (& Subs.)—Earnings— 24 Weeks Ended— Net ' before Provision for income Federal taxes on income June 20,'52 $2,904,062 157,538 taxes June 19,'53 $2,949,711 sales Profit 158,886 81,285 81,520 approved According to the" application. Arkansas Louisiana considering possible alternative methods of obtaining funds to program, Creameries 4Vi% exchange for eight shares by and stock. common two modification. retire to the of par in Creameries common stock. 2,650,534 then 1953, 5'8%, of nothing to notes than a normal financing operation and is not related to compliance with the provisions of Section 11 of the Holding Company Act, the present amendment also the was debentures new the Plan, Arkansas Louisiana Gas Co., t,o With charges. tProv. for depl. & depr. preferred in lieu of receiving payment in cash. Arkansas Fuel no bids for its debentures, whereupon it borrowed $23,000,000 from banks on its 60-day notes which, together with an additional $471,183, was deposited with-the paying agent for retirement of the preferred stock. The Commission also authorized refunding of the notes purposes. this company and Creameries of America, Inc., 24, approved a plan whereby Creameries of America will be into Beatrice Fopds Co., effective Aug. 1. July merged below received 60-day be York. of ducting items shown 177, Corp.—Plan the Service ho'.ders Oil the to New Co.—Consolidation Approved— stockholders Bethlehem $1.72 ^ ____ decision a pursuant Fuel corporate with cent) one Corp., Foods on $5,976,575 4,614,652 taxes— the for notification (par Securities Beatrice The Subs.)—Earnings Up 30— dividends.—V. simplification subsidiary of vision of stock common through July 28 filed a registration statement with shares of capital stock.—V.' 178, p. 146. —V. share.——. Natural has 3'/4%. 550,000 Int. SEC not arrange¬ is rate covering SEC Net before taxes— common Arkansas interest Axe-Houghton Fund A, Inc., N. Y.—Registers Securities and Exchange Commission— company,, 2157. p. oper. preferred the June repaid be borrowings under these and has company between will Operating $2,585,205 per the available and 2246.- p. covering —V. subsidiary, had increased a parent income Net be required) $10,000,000 Period End. June 27— July 24 it had arranged with insurance of $65,000,000 at 4%, interest, repayable payment due in 1978. loan is to reimburse Chile Ended from 443.721 $197,743 1,331,741 outstanding com. of the combined : the loans, 31,104 $222,747 $ proposal share originally were 6'i amount ; $85,000,000 income Since demand 3!4<3. $40,000, on 48.942 $288,429 80,000 bonds, full share. rate company outstanding. another of a underwriters Provision for Federal and Canadian plan 498,335 shs. incorporation York. DIVIDENDS—The warrants ten-year principal said. Months Six Net the of subdivision, a scrip certificate in voting rights, entitling the holder three / unsecured interest into of issued then common for said S500.000, New said value par by current $500,000, Trust $1 of or certificates certificate tRepresented which the without share) said dividend similar such of old of reason surrender upon therefore each for without more or stock respect of entitled was bearer change value of $1 per share, any fraction of par The company's respective Anchor Hocking Glass and Outstanding +$1,040,000 600,000 shs. certificate company's and common shares new of issue, of of war¬ each warrant. borrowing of 33it%.—V. rate FINANCING $1,040,000 the 1953, the exercise against date of maturity) by payment at share of common stock taken the for the the announced that to The PRESENT TO loans.: subdivide to issue - with bank term 000,000 company. Sjtock ($1 par value ) June amended For 300 1,300 .. , - the purpose added It its a bank 4,048 $343,802 —_ ^ on arranged 30, 1953 12 1.300 share Copper Mining Co.—Private Financing— for nouncement shares part no Authorized Short-term $3,280,181 company's being stockholders thereof' will Outstanding $650,000 398,740 shs. for to the of to Inc.. company determine. may 50,000 Authorized $650,000 *1,000,000 shs, account of plant expenditures, particularly in connection with the new alumi¬ num plant under construction near Columbia Falls. Mont.," the an¬ plant at South Gate, and the of new equipment at the South Gate plant, and (2) to provide additional working capital. Such funds will be expended from time to time for the above corporate purposes as $3,743,428 deductions per months No plant 17,896,012 $284,331 $21,176,193 2,795 Short-Term it FINANCING PRESENT TO , u epr prior purchase the instalments "The to be received by the company from offered by it will be added to the allocation of such proceeds has been expects to use such funds, among other things, present „ ; 146. p. companies in facilities, to 20,262,482 $341,007 Sales. help defray the cost of certain additions to its properties and including the completion of a new plant at Aivarado, Calif., to proportion Anaconda shares funds. to Lundborg & Co.. Irving proceeds 50,000 general 1952. 1962— 1, share of purchasers to ended April 30, 1953, were Net profit for the year 37 cents a share on the year in equal prior to maturity .of the company's within 30 days after the last publication all of said debentures"' have been retired, that per exercise Blyth & Co., com¬ ing of 100,000 shares of common stock (par $1) on July 23 at $14.50 per share by Dean Witter & Co.; Blyth & Co., Inc.; Hill Richards & Co. and Crowell, Weedon & Co. It was quickly oversubscribed. Further details follow: company's 1953—12 Mos.—1952 $24,005,910 1.558,983 " Shares issue of July 27 of the public offer¬ our fact $1.50 the in The was the $1,843,364 income... shrs. Earns, G. American Pipe & Construction Co.—Stock Sold—Men¬ tion in time (or redeemed or 2245. p. primarily EFFECT reserved any UNDERWRITERS—The System two Com. to purchased. of with and distributing companies. Mchigan Con¬ solidated Gas Company and Milwaukee Gas Light Company, as well as 14 other utility companies serving important communities situated prise added be 100 shs. of com. are at the of of upon rata promptly to the Federal Power Commis¬ a 30-inch pipe line to transport this gas made will balance of $450,000 retire to used The notes. value )_____ debentures commitment to be be engaged value at $1.50 shares 6% rate issued con¬ area Co. to purchase purchased Oil Co. Superior sion natural of reserves been July market for 1,700,322 Balance stock GIVING (50c par exercisable notice of Co.—Signs Large Contracts— on is debs., due Oct. par 130,000 ten-year the Chairman, 6% 50c rants market up William the 937. p. 1953—Month—1952 income Dividends on capital. of the company for the compared with $2,301,707 stock Warrants stk. Co., Inc., San Hermann," the Grover M. to go demand $185,000 working April Common covering 20 at covering 27 at underwriting, $2,041,329 taxes income..— etc., Net July 28 i Ten-year 2126. p. will proceeds net 1 the sinking Wall Street, July on offered California through First proceeds selling stockholder.—V. 177, the $2) Int., offering of 160,000 shares of common at $7.25 per share. This offering CAPITALIZATION * with (par share) per The Co., & exp. income Gross cents) 30, 1953 was $88,520, 238,740 shares outstanding. 1899. p. stock common Trust 50 and sales Net Co., Chicago, 111.—Files With SEC American-Marietta 4,500 Irving at loans $3,548,593, dividends, for the account of accrued will July on offered • 126.345,003 142,821,736 Redwood City, Calif.—Stock Offered— public company's ended recently called for redemption on Aug. 12, 1953, a 3,000 shares of its 5 Vi% cumulative prior preferred stock at total fund. S 40,369,237 44.893,126 — pictures. company $100 New the of Illinois—Partial Redemp. American Investment Co. Other The the manufacture of high fidelity magnetic recording equipment, used in industrial, scientific and military work as well as in the art and entertainment fields. The company has also completed the manufacture of experi¬ mental stereophonic equipment for producing three-dimensional - sound effects which may be used in connection with three-dimensional motion 178, p. 237. below—V. Western Union Telegraph Co. see 1953—3 Mos.—1952 $ S 1953—Month—1952 BUSINESS—Corporation Telegraph Co.—New Control- District American the $1.71 in 177, SEC be to without City Electric Co.—Earnings Higher— Operating offered 220.752 reflected as the $1) Automatic Electric Windows, Inc., Woodside, L. I., N. Y. Securities and Exchange Commission— I PROCEEDS—The 14 .855,920 8,634,726 $1.80 ——— with (par share), per —Files With oversubscribed and the books closed. bank 15,678,927 130,280 —-- preferred on a (par was on^ipcome 16,900.000 11 — 2,500 Sales Up— Co.—June 2669. P. made .055.920 26 $3.08 revenue-—— Operating The — 177, stock ,200.000 taxes foreign & 32,578,927 income taxes on Earnings before Provision S 197,532,813 183 ,258.919 203,682,657 186 ,917,174 — income 2.500 i Blyth & Co., Inc., and Irving Lundborg & Co. on 1952 $ .2 sales Net Total 11,275 521. p. Co.—Filing With SEC— filed was stock Henry I. Gilbert.—V. Operating 8, <50 — — Stores Ampex Corp., 1953 177, 11,250 —.... Co. & Sales (& Subs.)—Earnings Cyanamid Co. American of Chemical common than Atlantic 294. p. $ S5.868 —V. 6 Months Ended June 30— share.—V. per Period End June 30— —V. 27.500 JO b. ' *$19,895 From Selling Stockholders 11.250 ~ Period End. June 30— 413. p. Weedon 178, American 5,000 S154.667 $111,129 176, (Ga.) of less not SEC $8,701,101 10.868 *19.395 5,000 profit ♦Loss,—V. $9,156,931 159,617 111,129 taxes.. ipcojne tax... before Earnings —V. Mos.—19521 1953—6 1953—3 Mos.—1952 $5,114,809 $4,881,255 . — Crowell, respective 27.500 Inc & 'Co,.. Co., Richards Hill Sales $244,063 13,223 T' named below, for whom Dean representative, have severally agreed to as Co. & Witter Blyth (& Subs.)- -Earnings— Co. American Coiortype acting Company 413. p. is Co. & From revised consolidation. +,1,952 unconsolidated earnings have been ad¬ approximate present exchange rates. JNot included above. 176, $20,08 notification of shares account underwriters UNDERWRITERS—The restated to conform with the have been earnings *1950-1951 letter (but a, $3,904,739 2.038,820 consolidated to Dec. 31,'52 *$265,553 outstanding company Co., 2,865,665 of un- shares Augusta A 5.000 stockholdings company's $4,853,455 tEarns. per share justed the of share—_ per Dividends per policy portion a 3,390.090 — profit —V. of share.— taxes Earnings time to $5,581,157 taxes inc before Profit Income * ''1951 1952 of .- its Subs.) — Wholly-Owned (& 1953 assets ♦Equivalent subsidiaries, to Gifford-Hill 6 Mos. End. 30- Fund, Inc.—Assets Higher— june 30,'53 net Number company including (khe protection of sewer lines, storage tanks, tank cars and equipment used in the chcmicM, food and petroleum industries. This phase of the company's business was transferred late in 1949 to a newly formed California corporation, .Amercoat Corp. Amercoat was at first a wholly-owned subsidiary of the company, but through the 2,349~39l .— beil-end pipe, begun experiments • in the use of synthetic resin coatings in an attempt to find a method of protecting concrete sanitary sewers against the corrosive effect of acids or gases sometimes four.c? in As a result of such experiments, the company sewage. developed a line of synthetic resin coatings, both liquid and in the form of solid sheet material, useful fori a wide variety of purposes, In 414,622 surplus ——; concrete produced by its predecessors and, either directly or through time to time has added new produces and services. 11.275 \ 11,362 —— —— unconsolidated subsidiaries- to been engaged and had 1309, reinforced of saie Total from 8,745.000 8,060.000 7,375.000 8,690 Minority interest Due stock business since in and Associated Advisers As of— The company 735.745 debentures of Shippers' fund been their and corporations latter and to a lesser extent low pressure concrete water pipe. has continued the manufacture of the products previously pipe, sewer 4.233,318 4,129.378 —_ „ had incorporated on April 22, ,1929 in corporations, Bent Concrete Pipe Co. These was Pipe Concrete manufacture the in two Co. company the successor to as Western predecessors 15,309.528 21.406,712 contingencies, etc employees' welfare plan- Sinn, and 1.180.478 for Reserve Delaware 29,970,000 15.000.000 15.000.000 — >— 28,945,000 28,945.000 29,970,000 28.945.000 pan August 3, 1953 construction proposal therefor Net Cash i $76,018 dividends Class A Common —V. 146. profit 176, $77,601 paid or payable on— common stock" p. ' 230. stock 6,483 6,821 50,781 63,427 Numoer 5243 Volume 178 Bond 1953—Month—1952 Sales S6.715.802 178, S40.068.477 $36,837,235 $6,088,273 I on a company will July on oflice new building Columbia other in building house sales Pacific the It office. is regional offices and the British a twj-.tory structuie will be Coast that planned completed for occupancy by April 1. 1954.—V. 177. ishing service selling The , covering $1,500,uou 31, to by registration a shares Y.—Registers N. its of the with $1 par - County, ber. of l'or-one sto^k due July $1.31 be offered for public sale through an underwriting group Allen & Co. and Mohawk Valley Investing Co., Inc. The price and underwriting terms are to be supplied by cf relieving costs plant of Fed. furn¬ split, the the For 66 to for cents ^Eed. congestion. - Net $1.00 share per Bernardino Riverside and adjusted ended five months p"id are 31, ended 15,. 1952, num¬ 1953, As of two- Net were equal 31, 1953, earnings an May ouarterlv - 178, indicated to at —V. rate Prudential of Insurance debentures, Co. $252,000 America of sold be to are The to equivalent par value of the company's outstanding perferred stock «10,080 shares, $25 pari, constituting all of the outstanding shares of said class. Net proceeds of the cash sale of the securities will be used as follows: ill $500,000 for the repayment of current bank borrowings; <2l $500,000 by The Brunner Company, a subsidiary, which willoperate the plant in Gainesville, Ga„ to purchase machinery und equipment for the production of semi-hermetic-compressors and con¬ densing units; and (3) the balance will be added to the working capital of the company and said subsidiary.—V. 178. p. 264. exchange in for an . L 6 Months Ended June 30— Net 1__ 1952 $25,086,797 4,991,561 Taxes 2,556,052 3,013,000 1,331,000 Incubator Securities and The SEC at company .covering $1.35 McCoy Number share 27 shares of 164, letter a $1) (par Otis, & The Mass, notification of stock common Gearhart Boston, debt.-—V. filed through Willard, retire to July on Inc., offered be to York, New proceeds net the with to are and used be 951. p. of Earned Budget Finance Plan (& Net 1953 income before income Prov. Fed. for Federal inc. and t-ixes me-U. air. o" there said 177, taxes_;___ profits Dividends 5'/>• Net 88,641 11.875 $9.25 $153,887 value asset 18, July on I (cash): 6% convertible preferred date 30, 1953 $8.62, 28,876 35,217 Common 28,876 24,576 Behrstock, nounced that, due and ernment pansion to (the the of the change in Board the Directors, of policy financial has tiie of 177, p. Capital there to the that feels a by stronger in policy, Directors and consumer is President, remain will be to this Due effected change4 specialist -in dealer fi¬ will .be Chairman of the of return the Eoard of Albert*' Presidency. the to the Board. Mattison will direct his attention primarily to advising the company with respect to the conditions of the indus¬ try and economic conditions in general.—V. 177vpf 1786. post, new • ■ r Mr. ■ ■, ■ _ ■ ■ ■ ..^ (F.) Burkart Manufacturing Co.—Pays Final of record Aug. 13 its of sale and dividend a assets 50 of cents announced was share Sept. a July on 27 Brothers 1953—Month—1952 Period End. June 30— —V. 177, $8,479,739 $10,297,186 sales____________ stocks ' corporation hand Bids now current the Fund new securities or invest may added He having the 50% to up Fund vestors taxed may been has .ended year after 368 1953. charges and May all 31. the showed July but taxes, before to be $246.incurred in the. expenses liquidation of one of the company's products—Cio Chlorophyll Shampoo. After deduction of expenses for the latter, said Mr. Straus, the com¬ earnings were $217,474. pany " accumulate - Carborundum Co. , capital low Pettit Mr. added, "so that first quarter Corp., Taft, Calif.—Stock Offered— Oil Cal-Mex the written. . ... PROCEEDS—The interests leasehold and development working proceeds net of of additional the to and owned gas used for acquisition of leases.; drilling, testing oil and be gas leases and for capital. in Nevada on June 5, generally, of conducting oil and gas business and all sub-divisions thereof, and to buy. sell, otherwise deal in oil and gas lands and leaseholds. It 1953. and oil presently its BUSINESS—Corporation - are incorporated was incorporated was for the purpose, the company was incorporated with the particular view of acquiring, drilling and otherwise developing certain oil and gas leaseholds consisting of 2,956.88 acres located in the County of Specifically, New Mexico. ■The area under consideration lies northwest of the Hidalgo, N. M., be This 1953 the 1952 $43,799,761 corner international boundary. Total $35,825,663 Authorized Common —V. 177, stock p. (par Outstanding 2.500,000 shs. $li____ 600,000 shs. of an Dana Seibert, that further ap¬ and its outlook., Central a of shares. in interest York New post of Canada, NOTE/j On $51.00 per year. account of Co. Telephone of Baltimore as whole of an issue of $15,000,000 of 1984, will be received by the company York, N. Y., up to 11 a.m. (EDT) a Aug. due 15, Broadway, New 239. p. Indianapolis Co.—Preferred Stock. & Bond Corp. Share ($50 share).—V. 174, per on: 2455. p, it possible 303,475J same 219,003 227,650 accelerator, $36,356,788 8,256.070 5.022,264 4,219,405 2.460,606 651,000 71,000 etc _i'. leading a announced driving three July the for a simple .controls the automatic new fork-lift gas-powered a used pedal and brake a 29 Drive, operate to of industrial materials han¬ the production of a transmission, fork-lift truck as easy as driving manufacturer on gas-powered a a transmission with truck the automobile, namely an forward-reverse selector lever located, operate to an U. Canadian and S. income -taxes,:. steering column. The design of the shift for high and low gears and unit gear income taxes.. taxes'-i- profits One of on 1,622,333 earnings 177, sh^re__fl____—_ per $2.19 $1.63 eliminates clutch a the clutch and available The General Carriers & -Asset Corp. Value unit soon will Drive need' pedal. is that, according to W. I;., costs line The range. is $370, is being currently fork-lift of unit trucks in will and not the be not Installation. available be production as which Utilitruc capacity field for unit, Clark's for pound Schirmer.-—V. Declines— Hydratork the of clashing during gear engagement, factory-installed 6,000-7,000 1399. p. advantages Vice-President. manufactured $2,490,658 1,070,762 common outstanding it eliminates gear Schirmer, The stock_______ income Net Dividends the 178, p. both for facilities lighter and be can heavier expanded, truck according models to Jfir. 147. ■ June 30/53 value asset 178. ____v per share_l __________ — i Dec. 31,'52 Clinton Foods, Inc. $10,530,340 $11,294,763 $15.43 $16.80 146. p. Profit Electric & Gas Co.—Files The 12,000 July 27 filed on shares of 1953—9 Mos.—1952 before inc. taxes $2,640,479 $1,464,733 $7,951,592 $1,829,485 inc. taxes .1,429,688 852,264 4,273,719 1,072,610 $612,469 $0.46 $3,677,873 share $1,210,791 $0.95 With SEC— Net letter of notification with the SEC stock (par $3.501 to be offered to employees at a price'of $2 less th^n the market, which on July 15 was $11.60 per share. The proceeds are to be used to pay for con¬ struction costs.—V. 176, p. 1158. company covering Subs.)—Earnings Higher— 1953—3 Mos.—1952 &.state Fed. Central (& Period End. June 30— profit a "iEarns, common com. per •'After for dividend on preferred stock outstanding.—V. 177, p. 2350. provision shares 1/204,413 $756,875- $2.89 and $0.47 based Eureka Corp. California—Acquires of Packing Plant— This corporation Packing Co. this By of the announced purchase the meat packing as a purchase of Gem State Meat Profit U. Capacity of 800 head of cattle or 4,000 to 5,000 lambs per week, and a large freezing and storage capac¬ ity. Volume Of the Idaho plant is approximately $600,000 per month, quired a plant with a under lease with Ihe ad¬ vantageous rates to Seattle, Portland, San Francisco and Los Angeles which will make possible the importation of Idaho's high grade beef to the large coastal cities at a notable saving/it was stated, , With the acquis ( ion of the Gem Stare plant, Central Eureka rounds out an integrated meat operation which includes a. jobbing division, feed lots, and milling plant in San Jose and a boning and freezing plant in Santa Clara. Foundation of Central Eureka is the Central Eureka Gold Mine. In addition the company has a susbidiary, Feed Products Corp. of Petaluma, Calif., producing nutritional feed sup¬ plement for dairy cattle, poultry and swine. The subsidiary also operates the Benbow Tite Co. of San Jose, owners of a patented method of division S. has a $ 64,194,400 59.903,337 134,199,730 123,304,850 tax. inc. 2,079,615 2,709,351 7,807,071 7,052,974 1.244,848 1,606,962 4,242,982 3,792,940 1.102.389 3,564,089 3,260,025 1,092,774 457,755 1,764,796 549,676 118,449 90,455 244,883 90,455 income on inc. do¬ from mestic . 834,767 opers. Foreign— special trucking set-up . before taxes Net said. announcement The $ __ ■* sales Net step ' $ $ Domestic— in its diversification program. historic California gold mining organization'ac¬ Idaho, 1953—6 Mos.,—1952 1953—3 Mos.—1952 Period End. June 30— * has Boise, Meat inc. Div. , ' from foreign subsidiaries Prov. for U. fc __ S. taxes . income on Net foreign 1 Earns, i from 974,325 per com. 367,300 1,519,913 459,221 1,809,092 1.469,689 5.084,002 3,719,246 $0.73 dividends income Net —V. ■ (net) income % $0.62 $2.10 $159 share 177, p. 723. tightening fences. r Present of overall sales volume of Eureka and subsidiaries is Colonial $1,250.- month, with prospects of a substantial increase'through acquisi¬ State, according to the announcement.—V. 177. p. 2566. 000 per Stores, Inc.—June Light Co.—Bids Illinois addition to The First Boston Corp. for Stock— 22,451.000 and —V.. 177, Co., Inc. and Central Republic G'o. Inc. (jointly), $36.56; $36,495; Merrill Lynch, Pierce. Fenner & Sachs & Co., $36,311. See also V. 178. Corp.,' and $ 20,171.000 2567. $ 103,811,000 ' American1^'Securities ijointlyl, .who bid $37.13 per share for the 35,340 shares of stock on July 20. there were four other bids, viz: Blyth & common Securities p. 1953—26 Wks.—1952 113.699,000 $ $ Sales Central Sales Higher— 1953—5 Wks.—1952 Period End. June 27— Gent Goldman, Union Beane, 295. p. Colorado Fuel & Iron Corp.—By-Products Output In¬ creased— chemical The at volume of its Pueblo, Colorado by-products plant has produced greatly by increased this as corporation coke produe- CHRONICLE (Reg; U. S. Patent Office) William B. Dana Company. Publishers, 25 Park Place, New York 7, N. Y., REctcr 2-9570 Herbert D. Seioert Editor and Publisher. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday!. Other offices. 135 a.^ La baiie bt., Chicago 3, IU. Drapers' Gardens, London, E. C., Englahd, c/o Edwards & Smith. Copyright 1952 by William B. Dana Company Reentered as second class matter February 25, 1942>atthe N. Y.. under the Act of March 3, 1879.' Subscriptions, in United States. U. S. Possessions, Territories and Members of Pan-American Union, per year, Dominion Other Countries, $55.00 per year. • / • , ; $48.00 in the rate of exchange on Colgate-Palmolive-Peet Co.—Earnings Higher— Central 1 the''fluctuations Central total President. STate 2-0613); office at New York, (Telephone additional,. stock. THE COMMERCIAL AND FINANCIAL William and Orange, Pathe 155,259 by C & O's family .automobile.. as the Hydratork $3,385,665 income $36,389; 2670. Y. N. Va.; Laboratories, of Co. stated York New stock Potomac & company, makes - FINANCING New acquisition the common the-C & O, by 12'/j% The trucks, makes 358,434 • __—_— received, before Excess In EFFECT TO PRESENT made Known town of Hachita. , GIVING Tele¬ City: Cleveland; York of Mineola, ' Profit Corp. CAPITALIZATION JL, offered publicly, to residents of Indiana only, of 10,000 shares of 5% cumulative preferred $44,277,198 received Royalties tion and north of the Little Hatchet Mauntaius, in the southwestern of New Mexico, and about 15 miles west of the job in the he Clark Equipment Co.—New Development— . (& Subs.)—Earnings Show Gain— sold Dividends the corporation on July 20 offered 300.000 shares of common stock par ($1 per share i as a speculation. The offering is not under¬ The at Central increases 178, stock at par in¬ the a form that will ultimately applicable to capital gains. in rate 6 Months Ended June 30— Products 1 figures previously'reported., amounting to $189,515. an additional $20,000 of reserves for returns and exchanges was provided, thereby decreasing the first quarter's figures by that amount.—V. 177, pp. 1255 and 410. with connection In that Eefore years. of Co. N. Products announced 29 purchase — 13 that —V. earnings 12 Co., Paper Metal common or 195 11.—V. issue an II, Chairman of the Board. company Sweringen Linden, Citizens Independent Telephone may < planned," the comparatively al the 2315, Offered Fund dling in excellent financial condition, with cash liabilities, according to a letter just sent/ and for Chesa¬ situations." investment "The Aug. Investment same consider," said Mr. Pettit, "will include those companies believed to be on the theshold of great rela¬ tive growth which 'offer maximum, potential capital gains, companies in reorganization or being recapitalized, cyclical securities and special Net reported Touch-Up Cleveland. of President. the of of will gen¬ that the Fund as that gross sales of the company's products "Lightening Change" showed a substantial increase dining the months of June and July. 1953. Unaudited figures for the first six months of the current fiscal also Straus Mr. „—Tintair, in "News" Director Jr., editor C & O directors to increase the company's holdings, shares, lor Room , stockholders by Martin L. Straus, the to is exceeding appointed MacMillen, news 239. at '• • . the which "Securities 1953—6 Mos.—1952 $57,265,573 $51,674,695 Bymart-Tintair, Inc.—In Sound Position— This in York progress investment on that unlisted) securities. Total net assets on Van Virginia Central's 31-year debentures Fund. explained As of— 2566 and 2127. p. the President of decision by * Retail been C. been Vandewater plants New Tuohy, York 800,000 Outlined— 3) own common characteristics. -.f —V. Increase— Sales has Cleveland and July of the of a New on Subs.)—June (& J. p. Stock— principal objective of this new Fund, it is an¬ by Karl D. Pettit, investment counselor and the is (Aug. the in assets Net Butler the outstanding stock. Funds for this purchase became available largely through a favorable' settlement of prior years' Federal income taxes, Tuohy said.—V. 170, Textron. to assuring has William to headquarters and Va.; Chesapeake erally contract basis of Pettit Mr. its by provides for liquidation of the Burkart Company on every stockholder cash payment of $31.50 per share.. It is expected the liquidation will be substantially accomplished by the Close of the company's current fiscal year, Nov. 30, 1953. The Burkart business, a major factor in the upholstery materials field, is to continue to be operated by present management as a di¬ vision of Textron.—V. 178, p. 50. The , a Co. on shares This Dividend' 1 to stockholders this company. As previously announced, it is contemplated that this will be the com¬ pany's final dividend under the tenn of •> cunr^ct with Textron Incorporated, providing for the liquidation of the Burkart CompanyPayment - of today President company will Co-Chairman of Chairman as risk of -loans. and Offer. S. The contract?. renowned a President as Charles former will his sales diversification direct on resigned Committee. iiehrstock conditional and MattiSon.. who A. has Finance of yield emphasis E. nancing. In purchase greater to of were- 830. Inc.—Objectives Fund, Venture Capital gains nounced • -posed railroad praisal commenced and Gov¬ tightening of the money market, the ex¬ originally contemplated, will be altered to place upon the building of direct loan outstandings as opas preferred underwriting. City—Bids Invited for $15,000,000 of Debentures— an¬ general program, emphasis more Chairman Cleveland of the with Roads, Walter Changes in Personnel— Albert with convertible Lion 155,259 1527. p.- notification without Studios, Inc. of Hollywood, Calf, and Hollywood and New York.—V. 177. p. 2246. in company -r-V. -158, of cumulative he will co-ordinate from New York City the public of all of Chesapeake Industries' companies/which Inc. Brothers, Eagle has called for redemption on Oct. 1. next, all of the outstanding class "B" shares at $10 per share, plus accrued dividends.} The letter a share i, per Eisenhauer with Ry., post, activities Hampton against as Fund the $18,456,416, were Canadian Wirebound Boxes Ltd.—Calls "B" — 38,976 ^ of according Anderson to 7,500 4,949 :___ preferred of ($10 par Mr. member Center, Dade the was which on 1953 outstanding.—V. shares 2,140,809 - filed 6% 20 shares at Eisenhauer new D. vision led ) 30. June July on 30,000 Ohio his V. 12,500 ~ preferred 60c T/r June on the • at $14.58 2,224,943 Chesapeake & Ohio Ry.—Increases Central Holdings— share 1952, assets net Total S. relations Fund, Inc.—Asset Value Lower— per $16.28 2,226,494 include: 2127. p. Canada General 242,528 93,000 prior preferred- in June 30/52 $14.77 2,161.810 offered January, This $151,368 excess income mines proceeding on schedule, plant in Detroit signs of slackening earnings during the are ! Off— Dec. 31/52 1366. staff a In house to operation. Net Lode was third quarter. He attributed improved first six months to removal of governmental controls and restoration of favorable market President, SI.093,904 244. *08 Osceola share per Relations, peake. & Division Tube June 30/53 be Since production of electric welded steel and brazed tube and to improve facilities for producing aluminum? tubing.' Although demand for the products of both the Calumet Division and the Wolverine Tube Division remains heavy, Er.dicott R. Lovell, 1952 $1,254,938 $0.59 the reported was Wolverine Hecla's Revenue Chesapeake Industries, Inc.—Public Relations Director 2,068,270' $0.95 Division of Calumet country copper enlarged being Subs.)—Earnings— Six Months Ended June 30— the by Michigan Calumet- & conditions.—V, Total 2,068,270 _ internal of Shares Trust—Net Asset Value corporation to Robert $1,225,052 shareS/.._'_ common share__-f a the while $1,978,561 ____ Rehabilitation is Exchange Commission— 215.000 per & With O.—Files Springfield, Co., income $237,974 $277,849 provisions outstanding Public in Buckeye - $118,560 "carry-back" Cr40,000 ____ - $31,649,972 __________ " Net $132,193 covering stock 1953 - sales Cr20,000 120,232 2246. p. value 177, p. SEC Calumet & Hecla, Inc.—Earnings Increased— Earnings before taxes 226,000 — The 81,500,000 the 307,300 $556,907 Charge-It Systems, Inc., N. Y.—Files With SEC— amendment. Of 12,701 112,000 tax__ under 177, asset Shares 238. p. 15,903 Counties, average April $740,772 139,720 8,125 200,600 income share. common annum.—V. per Dec. the on the for 60,228 (esti.) Century based company, 72,125 8,750 profits exc. $278,913 —^»s-_ tax Code.—V. the Monterey Peninsula, parts of are San year per inc. 1953—6 Mos.—1952 $463,668 • ■'Recoverable and DIVIDENDS—Dividends • of and defrav to an the outstanding share. per equal were offering used (& Subs.)—Earnings— 1953—3 Mos.—1952 _, expense 3 bef. opers. Depreciation the San Diego Bay region. shares and of parts EARNINGS—Earnings July debentures, convertible be operating public utility supplying agricultural and industrial purposes, is domestic, principal territories served Angeles stock common will telephones company for water on SEC proceeds additional to and portions of Commission— statement subordinated U'c Utica, Co., Exchange 100,000 lo-ytar 1968, headed public and filed company 1953, 21, Manufacturing: Securities stock at $15 common from depreciation providing telephone service. The Brunner net BUSINESS—The and Los With Profit July 30 made public offering of on Interest PROCEEDS—The and 2782. p. Central Foundry Co. Period End. June 30— share.-, per announced that construction has started Vancouver, B. C., Canada. The new B-A 27 underwriters, 120,000 shares of $12.50 par value .• British American Oil Co., Ltd.—New Office Bldg.— The Telephone Co.—Stock Offered—A syndicate headed by Blyth & Co., Inc., and including 26 1953—6 Mos.—1952 49. p. (383) California Water & Stores, Inc.—June Sales Up— Period End. June 30— —V. The Commercial and Financial Chronicle ... remittance for-foreign subscriptions and advertisements must be made in New York fund*. in ■ 4 The Commercial and Financial Chronicle... (384) expanded tion has iron been refining meet to it was announced on July 27. gallons of benzol are now produced daily by proceses at Pueblo's by-product coke plant. Other Weeks 26 intricate chemical 10,000 by-products are produced in quantity. The Pueblo plant now has an annual Net Provision capacity of over 1,200,000 considerable part is used in the blast furnaces. made to foundries and other consumers. Pueblo's four produce about one million tons of pig iron a year. Federal income for Sales also are furnaces blast —V. 178, 239. p. Net Colo.—Files— Colorado Uranium Mines, Inc., Rangely, The 15 at proceeds are net share of 1798. (& Subs.)- System, Inc.—Plans to Broad¬ NTSC System Starting About Sept. 15 to feed color programs to its network about Sept. 15, 1953, it was announced on July 23 cast Color Under by J. is or on Television. President of CBS Television Net¬ work Mr. Van Volkenburg said that plans to transmit NTSC (Na¬ tional Television Systems Committee) color to the network include the utilization of selected sustaining programs under experimental authorization prior to the setting of new color broadcasting standards by the Federal Communications Commission. If and when the NTSC color standards are adopted by the FCC, Mr. Van Volkenburg, added, CBS Television withh immediately begin a regular schedule of net¬ color work addressed letter a that system.—V. 178, 239. p. sales subsidiaries, proceeds to be used for the company's 1953 construction program and the purchase of "cushion" gas in connection with its gas storage This cash $2,359,000).- at (estimated has received contribution corporation 000,000 capital authorization to make a $3.Manufacturers Light & Heat SEC to The its subsidiary, and to loan an additional $3,000,000 to Manufac¬ turers, to be evidenced by the latter's promissory notes. Manufacturers will program.—V. 178, 1953 construction the additional funds for its use 147. Locks Paper Co. (Wis.) company terms Net be to are supplied amendment. by will be applied towards the balance proceeds of the financing of completing by The cost structed related expansion, mill.—V. paper the bleached new kraft being mill pulp of 177, 2003. p. , Composite Bond & Stock Fund, Inc.—Assets Off— June net "Net Net assets asset value 'After taxes — share.— per dividends.—V. Net $ — $ $ and (& Subs.)—Earnings— 1953 1952 $15,026,000 2,342.000 1,983,000 1,524.000 1,233,000 $818,000 profiits excess taxes $750,000 (est.J) 5,547,880 14,768,364 2,692,948 7,857,000 ; — $3,352,365 $15.02 — $15.96 1470. 176, p. Cement 6,911,364 251,667 465,364 503,343 Sharply— Up Corp.—Earnings to Utility 4,216,718 2,603,265 6,446,000 4,202,036 outstd. 3,383,599.9 3,167,058.9 3.383,599.9 Earnings per com. share $1.24 $0.83 $1.91 Other 3,167,058.9 $1.33 —V. 177, " 2454. p. : Continental r • ' .. Electric v ' '•/. .. 184,454,226 166,558,539 82,841,647 73,976,548 157,213,355 142,968,600 15,617,096 1 2,580,698 27,240,871 23,589,939 170,608 util. 347,540 689,699 549,386 15,787,704 12,928,238 27,930,570 24,139.325 opers. Gross corporate from inc.- income 4,135,389 4,058,089 7,952,097 8,373,622 11,652,315 8,870,149 19,978,473 15,765,703 7,753,653 6,627,398 14,690,524 12,502,183 3,898,661 2,242,751 5,287,949 3,263,520 $1.10 $0.92 $1.89 $1.63 $1.13 $0.94 $1.96 $1.7* * Net Co., Cincinnati, Ohio Equipment 86,557,246 income Deducs. : ' from $ $ 98,4.58,743 ___ expenses Inc. $ utility operations com¬ shares from revs, 1953—12 Mos.—1952 1953—6 Mos.—1952 $ 4,705,379 217,200 stock mon Common income Cash divs paid Bal. The company covering fered be July 21 filed on 13,224 shares $12.50 at per for used of class share, letter of notification with the SEC common stock (no par) to be of¬ a A underwriting. without general corporate purposes.—V. proceeds The 175, p. ital Net to are for decl._ or This the Oil Pipe companies Line have Union The will be Co. Wash., $20,000,000 line. of share Mont., California of will Wash., Spokane, to 10-inch construction interest for will and Earl H. 10% a scheduled is 177, the and hold each Completion barrels daily.—V. Corpus Billings, from the have New York the Detroit Steel Corp. It Profit before inc. capacity offering at are of $1.50 per the (& Period End. June 30— 1954. Offered—Vickers shs. during 177, p. 2677. Federal profits tax_ Net profit Earnings per —V. 177, p. 1953—6 Mos.—1952 $28,070,600 $15,645,671 $56,874,109 $39,507,372 5,088,318 746,447 • 9,558,864 4,247,18^ 2,650,000 396,000 4,985,000 2,204,000 631,000 Crl83,000 1,074.000 taxes- income taxes excess Subs.)—Earnings— 1953—3 Mos.—1952 sales Fed. City, outs. period aver. proposed of initial an of on Net the in summer of period —V. Interests 2351. p. Christi Refining Co.—Stock of Clark sh. shs. on end outstg. Line Pipe announced. Oil Spokane, of Co., Interstate cap¬ construe.. per Based Co., an affiliate of the Standard Oil Co. (New Jersey), will each hold a 40% interest in the proposed 540-mile oil products pipeline to be built by the Yellow¬ and company and inc. Based Co.—New Affiliate Formed— Oil working capital stock: j 2586. at Continental $1,807,318 $533,447 $3,499,864 $2,043,189 $0.76 $0.22 $1.47 $0.86 share 1900. issue of 820,000 shares of common stock (par 10 an Dewey & Almy Chemical Co.—New Product— cents) of Corpus Christi Refining Co. PROCEEDS—The net proceeds from this financing will be used A for new "internally plasticized" vinyl acetate copolymer which elim¬ problems inherent in the compounding of polyvinyl acetate with plasticizers, is now being offered by the company's Organic inates general corporate purposes. chemical BUSINESS—Company crude essentially is in engaged the operation of a refining plant, ar. oil transportation system, and a sales organi¬ purchase, process, manufacture and dispose of petroleum products. The company has acquired all of the stock of the Corpus Christi Exploration Co. for the purpose of exploring and developing its own production.- zation, to The 30/53 Dec. 31/52 $3,341,447 ——.—_ 2,864,932 Subs.)—Earnings— (& 4,339,023 4,433,918 applic. 205. Period End. June 30— 9,044,402 5,263,776 - 178, p. (est.) Detroit Edison Co. 9,697,694 dividends is company to take of the and over corporation, Texas a to tower such and steam as units, crude Refining Co., The present refining plant topping plant with distillation incorporated oil refinery, partnership. briefly described the operate Corpus Christi equipment Consolidated taxes— income Preferred con¬ D. M. Bare Paper Company, a subsidiary, and the rebuilding and modernization of portions of Bare's As of— Total inc. Brothers filed a registration statement with the SEC on July 28, 1953, covering 100,000 shares of its class A common stock, $1 par, to be offered for public sale through an underwriting group headed by Hemphill, Noyes & Co. The public offering price and underwriting This Co. (est.) taxes earnings Gross Registers With — Securities and Exchange Commission— the Income 30,000 Combined before 114,096,383 242,345,424 207,201,365 134,367,608 before stone Co., p. Inc. Increase Investments Kentucky Natural Gas Co. $25 par common stock and $500,000 of its instalment promissory notes, the proceeds to be used for construction expenditures; and lb) 100,000 shares of Ohio Fuel Gas Co. $45 par common stock ($4,500,000) and $7,500,000 of intalment notes, the program 100,500 shs. —Files With Securities and Exchange Commission— authorizing this corporation to purchase as follows: (a) 18 shares of Central orders issued its of 300,000 shs. (par $1) $16,933,000 Net CBS the of System, Inc.—To Gas has SEC The securities affiliates the to under broadcasts Columbia 300,000 shs. 147. p. Earnings 1953—6 Mos.—1952 planning Volkenburg, Van L. In Outstanding stock Six Months Ended June 30— -Earnings Higher 1953—3 Mos.—1952 $ beginning preferred Sales —V. Period End. June 30— Net Television $0.82 178, Income Continental Can Co., Inc. for working capital. used be to Columbia Broadcasting CBS $2.12 partic. Demiison Manufacturing 697,332 860,343 stock— common $10) Common stock $1,586,244 697,332 860,343 pfd. stock cum. non-cumul. (par —V. 67,000 $2,980,115 per 177, p. 1,627,000 5% on 2,000,000 offered 3,195,000 ; stock common on income —V. July 20 tiled a letter of notfication with the SEC shares of common stock stock (par one cent) to cents per share through Tellier & Co., New York. taxes__ — $5.50 dividend on Dividends The corporation income profits taxes income Dividends Net covering $95,603,590 $84,946,732 6,242,115 3,213,244 taxes Federal excess of coke, of which a tons be before Authorized June 27, '53 June 28, '52 Ended— sales Profit CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING (& Subs.)—Earnings— Continental Baking Co. mounting pig requirements of the production, Around Monday, August 3, 1953 is Feb. and 1953, 5, the units, caustic Division, it was announced on July 20. the new copolymer completely replaces poly¬ regular formulations for adhesives and coatings since its permanent plasticity eliminates the need for additional plasticizers. Further, the internally plasticized copolymer does not lose flexibility Called Darex through —V. aging, 177, property migration and 2006 pp. Diana as treater Everflex, vinyl acetate in a Stores other Period End. June 30— related volatility conventional of 1953—Month—1952 Sales —V. the or plasticizers. 1799 Corp.—June Sales Up— conventional a and geneartor system, heat exchangers, cooling and temperature control equipment, etc. volume Chemicals $2,411,424 1953—11 Mos.—1952 $2,236,409 $29,211,868 $27,933,316 177, p. 2351. ' Six Months Ended June 30— Net 1953 sales Net profit Federal before income Federal excess taxes— 508,800 80,000 49,200 9,300 $252,500 $30,800 $2.53 _ $0.31 i shares outstanding at is capable two oil, namely, and of processing separate 850 barrel manufactured all total of a 1,700 barrels topping day per basic products units. usually specification jet fuel. The owns Engineering: Los Angeles field, and Mass., Of the early in 4'/4% July with Massachusetts reported funds, Philip Fogg, will negotiations for Mutual Mutual S. $1,200,000 Corp.—Private Financing— concluded Pacific Life Life 15-year a Insurance Insurance Co. of Co. used to and 50-acre site in Rochester, N. Y. The new facilities, when February, will provide for future expansion and growth. An additional made by $857,000 V. will 178, $443,000 Pacific Mutual be will to be used to Consolidated retained by retire in an 1950, Spring¬ equip EFFECT TO Consolidated of working capital.— have company's $16,484,300 of debentures sold in became convertible into common stock and so far month been than more converted into still holds remainder 669,365 the of $3,000,000 shares in This stock common has one-fifth increased the conversion the to to bonds the the company has which The it is construction recently sold believed will at program will to of 3 make least $25,000,000 of 37/8% available through 1953. mortgage funds for necessary refunding W, X and Y to stockholders Webb an mortgage amount sinking sufficient 15, 1980, 101.34%; to series 100.66%, and series Y, 37/8%, due June Retail Period End. June 30— —VS177 fund bonds, exhaust the series sum of T, U, V, $1,320,035 X, 2%%, due Jan. 1, 1983, 102.24%.—V. 15, Net stock cates sale covering ($25 of at amounts a on July 22 200,000 par) and shares per share divisible by 6% $5,000,000 indebtedness. $25 of The and $100. of a 1953—6 Mos.—1952 registration statement non-cumulative 20-year preferred the No 5Vz% shares certificates of series A with its funds to be the to wheel Seal July 29 Michigan, on of Co. The construction of an officials Dow part chised vote the on Middle West Seal & for are proposed a shares no par for in Co. cus¬ the to securities tic 177, to The for Ltd., by at stock be to "as offered sold 22, for working in in fnr in tbo from a of or in engage Delta Danco the Motor production Car Ltd., Co., pertinent to outstanding.—. ($1 Share— equal 1048. to share) per May on 13, East sale and Delta 22,000 dealer as at cars price 1953, Whittier of each, to cars thereafter soon be as well of patents dependent for the production will continue these price cash and dealer a level the of assets common y2 of for 1% of the Delta negotiations. under stock in royalty period a each. at cars period upon of option the Delta of the foreign Car a p. $10,000 cash. 17 Motor The receive price an<t shares the by share per the of of Grace or on controls or the stock—series stock common dealers. owns 17% preferred Estate other to family Dow of and common A. Such shares 1,600 of Dow. A. about Aug. 6.—V. 178, has to designated shares new outstanding Sept. $30| of common share per common stock as stock of the as subscription offered be to Sept. The 2. to the offering is 18.- July 30 $35,000,000 of company covering be to to on sold help at cost pay Danco Car a registration statement with the and refunding mortgage bonds due bidding. The net proceeds are to be off company's construction program.—V. 178, 295. Duquesne Light Co.—Loan from Bank— pay portion a estimated at of the costs of $36,000,000.—V. Duquesne's 1953 178, p. sales Income Subs.)—Earning^^. 1953—12 Mos.—1962 $ 36,121,968 program, $ $ 39,117,696 153,525,876 183,794.308 income 1,190,268 745.921 1,344,742 4,738,015 Cr812,933 Cr681,113 1,459,745 4,902.390 8,685,558 277,184 277,184 1,108,720 1,108,721 5,500 5,500 18,336 18,895 577,103 taxes. 2,205,580 859,787 income charges 330,481 Cr86 etc. for Other oper. rev. before taxes, Prov. & (& 1953—3 Mos.—1952 $ Net construction 240. Eastern Gas & Fuel Associates Period End. June 30— Net 1,177,061 3,775,334 ,7,557,942 $3.49 $5.93 (Cr) income State Co., cars dividends tax 4Mj% refunds 5,434,199 12,742,460 | applicable common Earnings 416% $60 • per 177, p. to stock share— stock preferred Common .stork V. /on dividends -Balance Corp., all filed first competitive The company has received SEC authorization to issue and sell, from to time during the period July 30 to Sept. 30, 1953, at the prin¬ cipal amount thereof, to Mellon National Bank & Trust Co., an ag¬ gregate of $2,500,000 of unsecured notes, the proceeds to be used to Delta the sale price of years. will company public offering time pro¬ payment **500 payment for the Delta Car is to be deducted a July on of domes¬ or and from SEC amendemnt. approximately cumulative the held 203,321 of run used orders as and 10,000 delivered within a procure The by offering is expected to be made for 1983, right, enfran¬ $1,450 each, Ltd., has endeavored to cents 25 prospectus, all including an individual dealers, price the I holders option an corporation, possible as secured car, The public. supplied aggregating 874,754 company price three a Car, dealer a $1,600 of with statement Registers Bonds With SEC— per 5533 have California a the Corp. of $1,750 Corp. nnCiw the presently Duke Power Co.—Stock at $30 per Share— The capital. at the to be than more p. 295. to par Nevada located A Calif. is 50,000 shares of on $0.72 shares from such sale. to are the include the speculation." a used at not to preferred Corp., Reno, Nev.—Stock Offered— incorporated business office is the a purchase $10,000 $1.92 444,756 registration a proceeds amounts of stock stock and 2% of The amounted to $14,984,542, shares outstanding.—V. 177, p. publicly of According Preferred Car $0.13 $0.67 , to redistribution the concession 2567. p. approximately 100 Danco Co., Ltd., a completed manufacturer be agricultural of Danco Co., Motor 12,961 $319,708 present issue 1047, p, for of Public duction. The 11,977 $853,544 Smith, Barney & Co. proposes to offer the shares in part to the pub¬ at the public offering price, and in part to certain dealers at such less a concession of $1 per share. Such dealers may reallow a 51. p. filed series 1953 July are approximately months 18 23,133 $59,870 price will increase from plans 178, 171, was interests price certifi¬ 20,508 400,000 outstanding shares of common stock, $5 acquired by Smith, Barney & Co. from the estate of Grac» amounts present 15,000,000 below.—V. 30, in will dealership applied $332,669 lic Corp.—Exchange Offer— Co. common purchase from and $865,521 covering underwriting terms automobile. dealer at of company The to 203,894. $83,003 Chemical Co.—Registers With SEC— be A. Expand— President, & in announced.—V. was Car Angeles preferred nitrogen fixation plant by The Cooperative Farm Chemicals Asso¬ ciation, ± wholly-owned subsidiary, and (2) to meet the Increased cash requirements of the Association's operations, including- the financing of inventories and accounts receivable.—V. 176, p. 1767. Los cars offered indebtednss underwriting is involved. for to There 945,529 on principal 18,000 jsold dIrectly to members and others. Net proceeds will general funds of the Association and will be used (1) additional plant will 13 stock & proceeds the subordinated are .added to ihe provide Aug. June corporation Blvd., Association, Kansas City, Mo. filed net The 1953—Month—1952 at share shares The The Registers With Securities and Exchange Commission— -JU16 Association SEC and Cork for shares. Grace corporation 33,500 $536,563 1,413,398 1799. company no Board Crown Knapp, Inc. below.—V. Delta Motor 1986, Stores, Inc.—June Sales Off- Consumers Cooperative & R. per The 178, p. 50. $1-947,985 $2,031,596 $13,567,670 $14,238,389 2677 on capital stock, it assets $15,847 title • the of Delaware Fund, Inc.—Asset Value $15.85 and Consolidated W. $2,278,919 73,670 — adjusted years 1953, SEC W,'2%%, June 23, Zellerbach Corp.—To Increase Stock— Davison Chemical < at not exceeding the following prices, plus accrued interest: series T, 27/„%, due Jan. 1, 1976, 106%; series U, 27/8%, due April l 1981, 103.99%; series V, 2%%, due Dec. 21, 1984, 101.07%; series due 2567. p. Co., Inc.—Unit to thd 24 facilities new See $156,673 340,667 $298,737 p. The Daniels & Fisher Stores Co., Denver, Colo.—Control— Co., trustee, 46 Wall Street, New York 15, N. Y„ (EDST) on Aug. 3, 1953, receive tenders for the sale p.m. first 177, manufacturing a projected Bankers Trust until it of company's See The Aug. authorized Tenders for Bonds Sought— - Seal & Chairman on additional Crown having issued the $16,484,300 of convertible debentures, referred above, that 7,500,000 company's construction program continues to require large ex¬ penditures for new facilities. During the past year the company's in¬ vestment in utility plant increased approximately $28,000,000. In addi¬ tion above.—V. serving Crown Cork tomers, the announcement stated.—V. 175, p. 709. the $600,649 taxes__ dividends Dow Approved— (a provide com¬ of debentures. 177, ■■■/■■•..- point. by The V. 1950 $2,429,262 $659,912 inc. taxes profit 'Prior . 2,350,000shs. wholly-owned subsidiary company) will take over the ma¬ and equipment of the Crown Division of Mitchell & Smith Detroit, and will continue the manufacturing of crowns at that of outstanding. The for reserve nearly or stock. common 154,850 the number of shares of pany Cork J., Nagle, announced Inc. 1951 $266,576 $319,245 Fed. income Balance par, John 1952 $754,240 'Earns, per corn, share. 47,500.. ; 2,500,000 shs. . Beatrice Foods Co. Establishment Debentures—Expansion Continues— the l December, 1952, during the first them cents) i See bef. l 2454. p. Crown Consolidated Gas Electric Light & Power Co. of Bait. July 10 (par >• chinery •—Conversion of 177, $56,714 refinery • Creameries of America, Inc.—Merger at As $56,714 of 47,500 stock Common Outstanding completed existing 3%% loan while the balance of for notes purchase on 1953 profit Preferred PRESENT FINANCING equipment a 147. p. Prof. Federal Net GIVING instalment bonds Mtge. —V. complete 96,000-square-foot production building for Consolidated Vacuum Corp., wholly owned subsidiary of Consolidated Engineering, on a in Long-term of President. be 6 Mos. End. June 30— Operating 176, Authorized Consolidated crude fuel oils ' (& Subs.)—Earnings Up— an laboratory. CAPITALIZATION This corporation $2,500,000 loan at Dobeckmun Co. from kerosene, company ■' day per The company made fuels/furnace oils, burning oils, motor military the Ethyl blending plant of the standard type erected by the Ethyl Corp. with gas treating facilities which makes the plant complete for operating under any economic period. The refinery is also equipped with a 1563. p. its has conventional 1953.—V. 30, June refinery from $1,958,100 247,000 share 99,916 on income taxes profits tax Net profit 'Earnings per 'Based Federal The 1952 , $2,610,500 —* 1900. . $0.22 <• $0.46 _ $19.-90 . • $35.25 -$1.46 -■•-irti I t II -- 11 I t'K -$2.9$ 111 iimJ Volume 178 Number 5243... The Commercial and Financial Chronicle East Eagle Mining Co., Baker, Ore.—Files With SEC— The company covering fered at $1 for used Fairbanks, Morse & Co. (& Subs.)—Earnings— July 24 filed a letter of notification with the SEC shares of common stock (par 10 cents) to be of¬ share, without underwriting. The proceeds are to be on 100,000 per working 6 Months Ended June 30— • Net capital. of Interest Easy Washing Machine Corp.—Large Stockholder Sells 50% of Holdings to An Investment Partnership— At meeting a of the July 29, Mrs. H. Paul Estate, announced the directors of board Nelligan, sale of Trustee 50% the corporation John the for of this of Elected the to James ^rere executives of board Clark H. Murchison Brothers Estate and prominent independent York City, Clint Easy Murchison, oil Jr., H. Paul Nelligan, when interviewed stock of the - Easy trust The She did stantial as majority and of of Clint of to is This shares the of that corp. brokers, Wall 67 St., The New were Der^hiiT N. Trirt. invuiveu Derschug "A" lue m Hancock of had Trust stock common trustees, that Brothers namely Syracuse, the when "A" trust.—V. voting stock will 177, that so have ll'uin s>a*C of N. owned H. that loan will the' without for face the date not later at of the at H. the time of issue 31, the the or The Bank National participating, it used plus its of City of Aug. & base income refund of share one stock to $5,000,- Detroit is give would that prime Net —V. to method give in interest in per of and the N. J. annual Federal to stock notified The share stock, at $592,714 1,401,907 1950; 26 $1,994,621 $2.28 Cash increase 15, the of Y., N. 25 cents 1948; 24 of this on the $5,105,135 in cents totaled This order 1953, a rate of rate base. earnings, in increase net a grants 1952 year-end on represent order 1, Aug. of approximately $600,000, or more than, presently outstanding 2,114,115 shares of the on 177, Increase— Sales Plans $21,458,288 founder of Mr. bine 1947; Cost of states 48 of the a Director— the Board of the of stores department 1,630 States, has been elected deceased.—V. 177, p. 2784. a in Other Net Other 1953 Gross 1952 $ service and 116,849 Net roll, pay doubtful for Prov. state 68,702,032 6,153,520 675,395 5,349,488 627,362 1,930,500 notes taxes of Ebasco of miles ■> For line state extending line Or 10,031 $4,987,555 1,230,807 $3,756,748 $3,756,748 2,000,260 2,000,000 $2.05 $1.88 Leased Properties— quarter Jersey City, The Ind. N. J., to from other tending about 14 from Ferrona, Pa., to New Castle, Pa., to Sharpsville, Pa., 1.45 miles. leased line is the Marion Junction, Paterson N. J. to & Hudson 23.33 miles, River Paterson, N. J., a RR., last for preferred 11. 1353, the Interstate not p. 240. 1 distance of Commerce simplified in its century-old history.—V. 178, ' Foods of exploration of new building the feet will be project is an addition to the research facilities, which new and York, New supervising is and design con¬ Corp.—Stock Increased— July on 22 the increasing approved 6,000,000 to Chairman, Francis, of number 15,000,000. told directors that however, of would not consider a split the stock. There are 5.814,- INCOME ACCOUNT Net before income taxes for income taxes earnings on preferred stock Dividends Common Net 177, $1.9o $2.39 1953 products further any amounted sales were cutbacks $30,660,366 to $57,105,998, cancellations. 1953's first six or in a of major defense Waltham, connection subcontract for Mass,, witn the with screen Raytheon the substantial a radar number program. of "This Wc-stfield, Mass. plant with immediate production and above its starting schedule of civilian trailers," Mr. Fruehauf provides over Co. bodies in van our new 177, —V. 177, Preferred 1953 1952 $1,317,564 $1,374,481 42,326 43,903 30— after provision for Federal taxes dividends Net profit for common stocky shares outstanding :. $1,330,578 657,224 656,049 $1.94 $2.03 share of common stock 1768. 176, p. Garrett Corp.—Unit Receives Canadian Contract— Manufacturing Co., Los General in systems for the turboprop Angeles, Calif., a division of airplane, it was announced on July 23. The now on in four-engine Viscount is the only turboprop airplane in the world commercial use. The systems will be installed by Vickers Ltd. new The airplanes to order made airplane —V. to 178, use p. be delivered to the Canadian airline. the Vickers Viscount the first foreign the AiResearch cabin Gas operates currently pressure regulator designed system. 51. Gauley Mountain Coal ♦Net " '—_^r— earnings Tonnage taxes and all charges.—V. , — * —1j- 177, p. bulk plants and sales Mississippi. Headquarters are LP-Gas High— Ail-Time Reach Inc.—Sales Mills, corporation in its 25th annual report to stockhold¬ employees showed an increase in net earnings and ers $11,468,171 for the year ended May 31, compared with $9,549,466 the previous year. Sales reached an all-time high of $483,067,000 as did payments of wages, salaries and retirement benefits of $62,233,000. Harry A. Bullis, Chairman of the Board, and Charles H. Bell, President, to pointed out that the company continued its program diversification during the year with the acauisition An of of Buffalo, N. Y., makers of cellulose This operation is now the O-Cel-O Division of of Inc., story interesting sidelight of the report was the diversification. Flour accounted for 52% of total of General dollar sales year, The research versatile laboratories * ' 1901. 1952. 1953 $60,728 291(157* $12,809 ■ ' 326,896 * reported the development materials with many possible applications in of group a of Industry. Tt^y soybeans, with epoxy resin, a petroleum derivative. These compounds serve as 8'°ssy finishes for printed materials. They are dependable adhesives that will seal unlike surfaces such as wood, glass, metal, paper, plastics, and rubber. They may be pigmented to form tough, glossy enamels or hard compounds which can be turned on a lathe. General Mills polyamide COMPARATIVE INCOME resin, from made STATEMENT, YEARS ENDED MAY 31 1953 1952 1951 $ $ $ of products —- Net sharing for Fed. & fgn. earnings'— taxes on Common 4 t 11,468,171 . 1,255,009 " ' 5,371,333 " dividends' Earnings per common 11,440,000 — — Preferred dividends 235,000 inc. share $4.68 ---- 2,888,267 52,411,0o7 ^ 2,375,839 — distribution ----- 3,080,828 3,326,964 62,273,023 Depreciation of plant— Selling, general and admin, expenses Contrlb. to employees' retire system » 468,864.838 435.947,827 385,029,088 353,484-560 97.792 Cr62,398 1,046,424 578.518 and services 483,067,177 Cost of products and services sold- 391,578,327 Prov. for possible inventory losses Crl,048,171 Interest 1,300,524 Amortization of intangibles—— 117,500 Sales Prov. Co.—Earnings Rise— Ended June 30— 57 throughout Louisiana and western Rouge.—V. 178, p. 296. General The Profit 6 Months all outstanding Louisiana dis¬ gallons of liquefied Baton became the only American firm to produce parts for the Viscount when Trans-Canada Airways ordered cabin pressure regulator million Corporation, organized in 1950, has Installations in Alexandria, Monroe and Opelousas. La., and Woodville, be operated by General Gas Corp. Garrett Corp., Vickers one 11%. $1,275,238 Common —V. approximately sell centers Propane combine Net profit per $0.99 share-. whereas in 1938 it accounted for 74% . The report noted that last year formula feeds accounted for 19%' of dollar sales, package foods 18%, and chemical, mechanical and other activities Co.—Earnings— June 3,341,558 5,569,263 $0.92 Gas Corp.—Acquisition— Rouge, offices last Ended Months common per 5,109,711 5,748,404 4,942,414 5,816,762 — Miss., which Will now Mills' Gardner-Denver Six Net profit '— stock common stock- outstanding General Mills. $57,081,710 2784. p. to common petroleum gas annually. Baton 1953—6 Mos.—1952 1953—Month—1952 $11,173,041 $11,182,814 $60,347,186 Sales 5,317,523 207,812 5,953,765 205,361 — — corporation on July 26 announced acquisition of stock of the Propane Corporation whose five O-Cel-O, 2568. p. $ 2568. p. General 3,001,165 1,459,147 1,459,614 30, applicable on shares earnings The deducting June 1952 173,169,014 158,330 890 16,156,197 14,703,649 10,202,432 9,386,126 — — .Provision the same period in 1952. Net earnings amounting to $1.21 a common share dividends. Net earnings for the same anticipate include orders trailer ♦After . 1953 186,614,915 171,146,026 sales 3,204,000 months. AiResearch ex¬ - -structure will be the most the of part sales tribution of backlog defense of miles. June the 50-ton traveling crane. a engineering CONSOLIDATED 401,938 were year did company and Commission authorized Erie to purchase these properties, assets and franchises. On that date the Erie owned practically all of the outstanding capital stock of Sharon Railway, and all of the properties were transferred to Erie on July 1, 1953. The Erie has offered to purchase the remaining out¬ standing 780 shares at $50 per share. The Erie has been operating over the Sharon Railway under a 900-year lease dated Dec. 1, 1900 The Erie owns all of the outstanding capital stock of the Paterson & Hudson River RR. Co. which lias been operated under a perpetual lease dated Sept.' 15, 1852. Application is being filed with the New Jersey, Public Utilities Commission for authority to acquire the Pater¬ son & Hudson River Railroad pursuant to the ICC authorization. When these" transactions are completed, the Erie RR. corporate On ' Pa., Boyce, The end processes Inc., $1,869,158, were Fruehauf's the newly-acquired of the lien securing the Erie's first general mortgage, giving these mort¬ gages a direct hen on the entire railroad except for a few minor leased branch lines. Previously the leasehold interests in the two prop¬ erties currently being acquired were pledged under both mortgages. One of the leased lines in question is the Sharon Railway extending .7.33 miles from Sharon. Pa., to Pymatuning Junction, Pa., which formed a link in the main line of the Erie System, plus branch lines will become a part consolidated Mortgage and the extending main anything like current price levels" shares presently outstanding.- 605 4,185,000 ended Period End. June 30— properties from possible common outstanding shares $37,869,773 to said.—V. 178, p. 240. from tur¬ the Knolls Research Laboratory. emphasized, He "at 41,370 $1,389,992, or 87c a share. orders for military type trailers is approxi¬ mately $60,000,000 of which about 50% is scheduled for delivery over the balance of the year, Roy Fruehauf, President, reported. He said the quarter New $4,103,300 .— Hammond, near by stockholders at the annual meet¬ ing that the company wanted the additional stock available for possible acquisition of other companies and for possible future stock splits. 389,702 : share after preferred stock— on second the deducting is about the acquire direct ownership of two main Indiana-Illinois and shares from Clarence 281,595 .— common per dividends taxes important segments of its main line previously operated under lease, it was an¬ nounced on July 28. It will then have direct ownership of the entire 978 The with that present Services, sponges. The company completed will be two-story low bay approximately 40 a services. emphasized stockholders 32,413 — Gamble-Skogmo, Inc.—June Sales Off— Erie RR.—To Acquire Two and materials and the tory 3,715,450 common after 167,501 17, 1953.—V. issue, Feb. of and laboratory is to improve the design of turbine efficient use of steam in the generation of elec¬ more Division's a 276,750 .—.— ; compared $4,270,801 Earnings available for common stock Number of common shares at end period— •Since date an¬ struction of the building.—V. 178, p. 296. less accounts, and income— on earnings 177,731 $4,997,586 requirements s($ck N. Y., long and 80 feet wide Saupe —V. 443,735 — 821,633 1,340,237 — share for common were laboratory, an air-test laboratory, and the available servics of the company's General Engineering Labora¬ 913,717 426,515 and income, . Manufacturing per laboratory General Manager of the Department. Construc¬ Saupe, Generator development of power generation equipment," he said. Earnings — interest Earnings 7,927,450 31,498 income Earnings the of for offices for feet Include than other sinking fund debentures.^-- on Number $5,579,540 . dividend Schenectady, building will have new Turbine 75,602 of plant and equipment-—. Interest as $5,611,038 stock development E. and 82,949,182 84,022,044 sold, — Sales •Preferred addi¬ 300,000 100,963,913 . 189,500 - deductions for said at in the Earnings 82,573,580 — . 847,403 taxes etc., product William Turbine dispose of from year apply to „ "The new facilities will make The Net 400,000 Co Finance miscellaneous 1952 1,912,000 taxes. income Interest, right of 20.- Public building is scheduled to begin in August. the structure will be located near the 22-acre new purpose Gross 1,069,904 income Rents Net 8,528,443 operating revenues income (net) by com¬ and Central Vermont of 3 Months Ended June 30— 100,447,064 products Deprec. $31,511,745 $28,193,072 ... taxes stock common Hampshire; Laboratory— 23 director (& Subs.)—Earnings Higher— Trailer Fruehauf after income State the Saupe The income New the (3.89%) 1954. of Becomes operates United Moore, below items and $23,653,343, 1953 Twelve Months Ended June 30— Federal the $3,500,000 a July on factory The $46,199,826 $43,521,013 Chairman and which Inc., income Federal taxes for authorized 1953—8 Wks.—1952 Selling, adminis., and genl. expenses.—— Equitable Gas Co. (& Subs.)—Earnings— befora of of of 2248. p. 1953—4 Wks.—1952 Penney, Howard E. from Other Operating revenues (2.72% ) Co. Elec¬ General shares 45,690.45 such of nounced Mr. its entered 23 effective sales Total Against $21,705,745 in Profit Service Public pursuant (3.89% ) shares Co.; acquisition (subject to its tional time to dispose of such securities). areas 1953—6 Mos.—1952 $5,428,030 rates $1,265,000. will taxes, recoveries volume of business in 1952 1951.—V. 176, p. 239 of stocks stocks, NEPSCO 97,030.95 Power Dividends Offered—De Pasquale in stock ownership of receive Maine order an portfolio Company date tricity. $ 1946. r company's Bank York July on in of 6.45%, computed Co., Penney of Net paid dividends totaling 35% cents per with 32% cents per share paid in 1951; 27 cents 1949; for Corp. General Electric proposes to sell or otherwise utility securities to be acquired within a period of one cumulative $4 National $1,026,548 Commission an Fruehauf Trailer Co. company in Utility Shares— SEC Service tion certificates the of New Stores, Inc.—Current Taxes—property, cents its tp Central common the to $ $1,482,588 $1.65 Corp.—Stock of reason of 730.20 shares 3,000 share per 2G77. p. to succeed base normal 177, C. all the company. The 1952, $100 surrender to Chase Foremost Dairies, Inc.—Penney J. on July 27 offered 2,500 shares of cumu¬ participating preferred stock at $4.75 per share. This does not constitute new financing on the part of in $l.lo portion of Public Service England entitled be stock applied company's Large Steam held Street, it was announced.—V. Fair James 1,292,714 700,000 300,085 the to By will mon The $23,188,322 —V. 1952 ■ share______— Credit the $1.36 distributive New General lative ^22 cents in Partial — 235. amount basis, income per Food Divs. This compares 5.500,000 $2,469,954 the 16, Aug. on shares 10 Broad 11 P.U. & Sales . ; 1952, Bank 528. p. 1953—Month—1952 of the company an common Co., New York, During with share. per been each p. corporation Miscellaneous .share. $7,969,954 6,860,000 approving the being dis¬ to that company's plan of liquidation and dissolution; and the Commission has given interested persons until Aug 10, 1953, to request a hearing wide RR. this cents 28 outstanding 2,732,503 1,550,000 inventory common Equitable bank, has its of by the Cleveland. National First Newark, preferred cents have for 177, approximate an On 365. p. of 296. p. Florida return effect effect of inventory — earnings 174, Hux¬ Florida Power Corp.—Rate Increase Granted— mature the rate 1953 provision stock effect of $9,831,347 share common company thereon. the at Mr. agency,' The Lain agency Six Months Ended June 30— Earnings Mich., Bank the redemption for 50 agent, 1953.—V. granting (& Subs.)—Earnings— taxes method of redemption for York, New 178, The $1,740,000 of presently 7 to taxes———— profits taxes— income and excess 1799. p. tributed of excess contracts Detroit, Reserve Cleveland T $1,138,386 after Total Provision in 200 months from and said the over up 12 $1,182,503 Pederal Federal General Electric Co.—To Sell to authorize with the balance to reimburse the company for pre¬ expenditures and to help carry out the construction taxes per components $68,965,317 $66,319,800 normal before 177, This and to provide addi¬ defense of in Federal cumulative $4 stocknolders stock 16, in progress, and contemplated in 1954.—V. 177, p. 2351. before $7,882,328 87,626 $9,729,012 income —V. R. S. Huxtable, loan a Finance Corp., Co. called has issued dividends accrued preierred the renewal. or to 1% sales the 102,335 To Build New Sales renewal, of company of Six Months Ended June 30— to repay announced.—V. 177, was Period End. June 30— Profit to division of Commerce company shares concurrence Commission Power date The V\ Endicott Johnson Corp. Ttfet 856,191 (net) for Federal inc. Earnings be to Redemption— 1953—6 Mos.—1952 periods not exceeding 1954. borrowing be construction now (20 par are $6,695,626 $40,286,738 $J9,009,280 notes aggregating time outstanding. for than more promissory notes, program used execution the Firemen's Insurance Bowen Sales Up— promissory one issued Dec. be Proceeds would vious any be original not be the through of Preferred the Federal unsecured than would rate of would 3,879 —_ the Co.—To Issue Notes— has asked amount notes — 1,787,102 Cr69,635 767,131' 1,745,009 expenses.— $2,971,347 income Net tric Bank Akron —V. issuance proceeds SEC capital. $4,500,000 V-loan, a Truck Period End. June 30— The net at (M. H.) Fishman Co., Inc.—June Sales Higher— EI Paso Electric 000 The the with offered be Department of the Air Force is the sponsoring Manufacturers of trust is formed it will hold neither the Derschug Trust control $7,312,793 the 1952 1953 $12,334,091 $10,366,926 depreciation general operating nroflt— acquisition Motor being .handled 2677. company to Nelligan Paul representing Y., 1953—Month—1952 Period End.—June 30— Sales The Uhl. E. working and operating expenses (net) for depreciation— Prov. said. Union sub¬ and Easy a voting trust would a Mrs. Edison Brothers Stores, Inc.—June 177, p. notification oi stock before 1901. Corp.—$4,500,000 V-Loan— the Federal representing —V. Arthur for and capital operating The 1900. p. of proceeds table I . Other sales, on administrative Provision announced. company's shares of the class "A" many Murchison to Brothers voting through debt leiter a common $3,000,000 from the Reconstruction John is the class voting class of Murchison mor of corporation has completed President, and Mr. Janes H. Clark and Mr. William Texas, representing Murchison Brothers. understood ■enough Net $1.92 Other Stockton, Calif.—Files— 20 filed Federal-Fawick Dabney Murchison, Brothers. the F. share) cancel Co., shares 430,000 per used Texas, John W. Trust, Dallas, It of four Stewart Mr. Derschug Machine the sale to with formed how state to however, incident an be Wasning say, $2,296,862 $1.55 . Juiy on company cents meeting 29 Dallas, Texas. the of Trustee declined Murchison to 208,287 3,899,000 $1,861,604 share per Fairfield Mining tional Mrs. • 205,287 2,182,000 taxes 1,199,190 shares outstanding.—V. 177, p. covering of consisting sons of Dallas, man & Co., investment the stock sale. • negotiated both profit Selling, Income, voting the Murchison July the at Bowen, co-partnership a W. Maraehe of H. Months Ended June 30— Gross 54,903,068 Brothers. is Murchison Granbery, directors William and Murchison ol 52,104,682 expenses profit •On Six Derschug N. Derschug stockholdings of the Easy Washing Machine Corp., to Brothers, an investment partnership, of Dallas, Texas. Net other and debentures on income ♦Earnings held 1952 $56,353,573 $61,307,217 selling sales, Federal General Cable Corp.—Earnings Higher- 1953 sales Cost 5 (385) 56,298,166 1,987,474 251,600 1,816,115 2o3.200 13,056;000 11,524,000 9,549,466 11,520,508 1,283,254 1,352,186 -5,229.285' '5,131.552 . $3.94 $4.92 The Commercial G and Chronicle Financial 31 MAY SHEET. BALANCE CONSOLIDATED COMPARATIVE and and acceptances grain purchases, .Advances on Inventories in Invests, and water 47.241.400 425,563 414.099 48,824.035 2.231,847 1 1 names, _ than greater or Profit production capacity to a of BFG's lour other tire and tube any Federal Federal income Federal this for reasons Net excess taxes. liabilities! Kotes -Earnings -After — payable and 13,000.000 10.000.000 ..... accrued exps. 14,779,303 16.674,743 14.762.014 14.645,987 10.930,333 16,343,855 1,600,269 1,263.689 2.370.096 empls. 2,285,286 2,018,723 1.849.517 0-yr. 2%'A promis. note due 1972 lie ;erves for self-insurance.. \ Howard than Thrift taxes) taxes reed, Adv. —. ; ________ .contracts on officers of accts. in process- and cumul. %% ($100 '% other for for cumul. pfd. stock stock._i Common lamed preferred 6.159,800 22,147.300' 22.147,300 34.004,411 29.982.360 51,164,566 22,147,300 28,555,327 surplus ($100 par •_ par)—. no 56.006,395 .... _ 177 V. 48,127,639 1580. p. - 'Represented by 2,180,821 shares in 2,067,066 shares iri 1951—V. 176, 177, Record Co.—Employment at New High— and 1953 General Motors record and women quarter of —V. $708 of by Harlow H. ter the quarter this year. High production schedules in the second quar¬ required a substantial employment increase and also a consider¬ able overtime of amount at many called Schedules work. in the second of quarter first six months 1953, of average 148. page for I'ederal Other $616,759 432,042 $3,553,457 $2,996,060 467,041 2,369,278 2,154,442 taxes- 89.000 60,000 411,000 238.000 taxes 57,477 44,873 267,229 221,370 $721,042 income operating — sales of price a of as soon equalling the as corpora¬ minimum a '2,000 of At such time, it is believed chat business practice to establish the sound and EFFECT GIVING TO PRESENT FINANCING Authorized stock Common an which -Of Warrants shares at $1.25 $lc (par Outstanding 1,250.000 shs. ^ owned '1,000,000 shs. Industrial by Research Inc., holders to subscribe to an additional 166,666 underwriters, exercisable within two years See also V. 177. p. 2784. shares 500,000 entitling are the be issued to the may will used be to bank pay loans, share. per Illinois 1953, 5, May Gross income Interest, business do to _____ $11,828,978 $10,732,639 — — 2,454.487 2,648,548 $9,374,491 $8,084,091 deductions etc.. 1952 in in State the income— Net dividend Balance of —V. (requirement AJ__ applicable shares Common office in the City of Houston, Texas. an qualified 1953 $58,495,222 $52,592,511' 46,666,244 41.859,878 revenues.! Operating Operating expenses and taxes— Earnings incorporated was been has company Co.—Earnings Show Gain— Power 12 Months Ended June 30— of Preferred The volume CAPITALIZATION and Christi, Texas, and it maintains 1953—5 Mos.—1952 1953—Month—-1952 Period End. May 31— Operating revenues •Operating expenses-— offering Delaware. Its principal purpose is exploring for oil and gas, ana it is con¬ templated that at the outset this exploration will be confined to drilling on the company's properties. It will also engage in the "contract drilling" of oil and gas wells for the account ot others. Its principal business office is in the Wil.on Tower Building, Corpus Inc.—Earnings— at (72,000 pieces L month economical be Inc. be manufacturing Hydrocap consistent per Research. less to account on BUSINESS—Company General Telephone Co. of Indiana, July 27 of the proceeds development the and i net due payments rigs employment was 560,392 and payrolls totaled $1,371 million. Employment in th first half of <952 averaged 456,672 and payrolls amounted to $969 million.—V. 178, the For of of acquisition of leases and drilling presently owned leasehold interests, for acquiring and maintaining fee leases, leasehold interests, working interest and for the acquisition of oil and gas properties, proven or semi-proven or wildcat, and for the development and exploration of such properties acquired; and for other necessary corporate purposes. for and 463,990 averaged 1952 payrolls totaled $495 million. formed on was manufacture trade discounts of 60, 10 and 15% f.o.b^ allowed to destination on orders of 1.000 The corporation intends to establish its own assembly three commence a sets would Sold—Mention Co.—Stock Gas & issue our PROCEEDS—The plants. Employment in follow: tails shifts additional for it $87,431,447 issue of 748,000 shares of common stock (par 10 cents) offered by Hunter Securi¬ ties Corp. at 40 cents per share on July 21. Further de¬ previous GM employment peak was the average of 544.806 in the in plant. Oil Western oversubscription of quick and has dozen 1953—11 Mos.—1952 more. or plant of freight Fla.. Industrial from Hydrocaps set per tion 2678. p. made was Germany. The first 177, Great primarily will be engaged sale undler an exclusive limited license from Industrial Research, Inc. of catalyst battery cap apparatus trademark "Hydrocap," in the fol¬ $2.85 Sales Off- $8,212,858 $91,083,631 $7,457,502 Sales corporation, organized in Delaware, 1953. corporation automobile $ 112,161,857 1953—Month—1952 Period End. June 30 employment average payrolls disclosed July 27 were I I 6 Mos.—1952 122,239,027 Inc.—June shares of Further details share). per 10. Miami, Stores, ($1 par lowing 'territory:Maine, New Hampshire, Vermont. Massachusetts; Rhode' Island. Connecticut, New York. New Jersey, Delaware. Maryland and that portion of Pennsylvania lying east of the Susquehanna River. Operations, at first, will be conducted by purchasing assembled* $ 21.971.486 at BUSINESS—This dozen of 575,978 million in the second Curtice, President, and Alfred P. Sloan, Jr., Chairman of the Board, in a statement pre¬ liminary to their report for the second quarter. These figures exclude tM's two foreign car and truck manufacturing subsidiaries in England world-wide and men stock The 1864. p. . follow: 2130. p. Grayson-Robinson Motors 1953 8 25,451,089 _____ —V. 1952 shares in 2,100,380 1953, «na Sales 153.008.966 156,436,911 158.401,513 Total , Coral Gables, Fla., of 500,000 & Co., April • ■ 1953—Month—1952 Period End. June 30— 8 General Barham Grant Co.—June Sales Up— T.) (W. Dr282.468 Treasury stock $13,398,656 $2,154,339 $12,690,4/1 . common 1953—4 Wks.—1952 195.8 -17 Wks.—1952 $15,898,364 $14,211,485 $64,018,420 $59,528,565 Sales — 1953—6 Mos.—1952 1953—Month—1952 2679. p. Ilydrocap Eastern, Inc.—Stock Offering—Mention was macia>in our issue of June 29 of the public offering by Union Co.—Current Sales Up— Grand Penod End. June 27— 4,739.100 4,002,300 _______ — 177. company 1,274.873 1,165,187 $1.09 based on Stores Corp.—June Sales Decrease— S2.1Z2.404 —V. . 2.412.377 j stock purposes conv. pari 1,367.507 /1.165.418 . teserves 1.367,650 j 1.267,375 1,401,858 Dividends payable • Exchange Offer- Grace & Co.—Makes 5.000.000 (other ccrued - 602.038 $1,068,059 —'A$2.07 dividend requirements and 177, p. 1902. share preferred common per provision Sales announced Julv 28 it will exchange 75,218 shares of its common stock tor 51.875 shares of tne common stock of the Davison Chemical Corp. The latter stock is owned by two investment companies —Investois block Fund nad Investors Mutual, both of whicn are affiliated with Investors Diversified Services of Minneapolis. When the exchange of shares is effected. Grace will own 234.359 shares, or 29.2'if, of Davison's outstanding common stock. It also owns 24.280 shores, or 1.8.9% of Davison's preierred stock.—v. in, p. 2456. Tins 957,637 $1,836,081 1 ___n_ income 1954, (W. It.) — payable. Accounts 153,008,966 156.436,911 158,401,513 — ——• — profits taxes— Period End. June 30— Tot; 1 5.791,935 2,998,217 taxes income 785,000 shares of common stock.—V. scheduled lor completion in expansion, already under way, is said Guliek.—V. 178, p. 297. Tne late before Guliek said. the of $49,399,308 sales Net 1952 $32,207,612 3,431,550 1.761,458 1953 Six Months Ended June 30— Guliek, expansion, the executive pointed out, is that a major share oi the Oaks plants tire and tube output goes.directly to the auto industry for original equipment use with much of this used at auto assembly plants in the Delaware Valley area and in other sections of the eastern seaboard. 45.376,629 trade to Mr. One 702,451 50,757,257 equal (& Subs.)—Earnings— Houdaille-Hershey Corp. this company's tire and tube manufactur¬ expansion of expansion will bring the Oaks plants This 6,166.786 0.086.581 6,779,590 ' net )__ rights. power level 1,502,088 52,929.886 plants. 46,069,370 —~ trademarks, Coodv ill, 5.080.865 24,804,690 1,005,294 etc.— cr.moanies, bldgs. and equipment Land 6,385,152 28,270,487 2,392.254 charges deferred and other 16.445,570 $9,000,000 5,443,190 etc.— (net) prepaid, exps. A ing plant at Oaks, Pa., Was announced July 27 by J. Earl Vice-President ol the company s tire and equipment division. 28.352.940 — receivable (net) accounts $ 18.203,262 15.948,902 -vi, _. .. —_ Crafts Jvotes (B. F.) Goodrich Co.—Expands Tire and Tube Plant— , 1951 S € ash 1952 1953 ASSETS— ' 1953 Monday, August 3, ... (386) 1,075,833 $7,008,253 period— 2,810,000 2,560,009 — of end at 1,530,438 $7,884,053 $2.79 $2.74 stock—______ common outstanding share of per 177, to stock.. common 1049. p. Oklahoma. income $107,524 79,308 49,856 operating 177, $382,248 $505,950 $79,844 (after charges — Net Net —V. Texas, k Caldwell Telephone Corp.—Plans Common Stock Fi¬ Hobbs The with company the SEC in July on planned 31 file to registration a September through Webber, Paine, Jackson Corp.; Mitehum, Tully & Co. proceeds are to be used for other net properties and for subsidiaries.—V. further 178, investments stock in the of President, Jr., j 'him in the Consolidated There have first the sinking be made York mortgage the drilling company's redemption and York 177, Trust sales Profit Prov. for Net —V. 177, Broadway, (& Subs.) taxes Earnings— 875,284 158,422 2,823,641 77,544 1,474,975 568,524 Gillette $80,878 $1,348,666 An 1,272,944 operations Depreciation Foreign excess Net profits amount foreign U. current $16,545,260 654,289 E. 591,117 8,283.066 9,305.566 realized 315,911 share per realized .Brazilian the do period subsidiary (arnings for $8,278,804 the not which will, 1953 year $24.28 $2.06 include The ■ J.,762 earnings however, when be of of corporation on July exercise 15 of prior included reported.—V. 177, years in p. the income At.ty. Gen. it was James of the ^a^r^!nf4i ? and liabilities filed Rosen of petition a having has on in They been Stock Suspension nendfn^rartin^0'inCth tion, ? on listed the been July appointed receiver for » 29. Federal Court the week asked for assets of reorganization. before the presented in this of the by corporation stockholders which company, on manufactures for the by others, company is Directors. below.—V. Co. 178, Exchange, before a letter stock common without for and notification of (par 10 with cents 1 underwriting. The working capital. Gas Co.—New Director—To board vote shares 66%'.; of right of received stock Oct. on the has way and work.—V. the of notes p. the July 31, line 177, defining be may exercise is ment for for a on 10-day said period ef- Exchange on suspended since The SEC Feb. pipe the such 1954 owned 011 rights Hope located Wetzel and of sttri^utab'e earlier favor of date graphs. in the Marsnall and for the amend to proposes proposed provisions applicable amendment includes stock dividends finder stated conditions, which cumulative preferred stock which under the and extent voting of purpose 1953.—V. the graph, They holder such of 177, p. of j such rights. such upon A stock meeting amend¬ proposed 1368. Corp.—New Booklet automatic form constructed be can the of required.—V. 178, recording rapidly and by this method plotting manual because operations 241. p. International Industries The SEC corporation covering otfered p. The & 20 Developments, Inc., N. Exchange Commission— filed leter a of notification with the shares of common stock (par 10 cents) to 1 be share, through George B. Wallace & Co., New 35,000 net Julv 011 $i.37'/2 at per proceeds to are be used for working capital.—V. 177, 1680. orcvided. action such is schedule. on miles 60 have three 375 Over of Resistance construction The by County, plant, been IRC, will cost March in a $59,108,377 N. plant modern Broad the is on Street and Pa., North in located plant an order Fleat area of Co.. gas this Gas p. W. Va., 2008. for Victory a Profit t* and located recently in Boone, work space. Complet;on 1, purchased Estimated actual and of ' 1954. Carolina plant owned by IRC. In started production of volume controls 011 a 66 acre site in Aiheville, N. C. Los Angeles, Calif. The company as has well as licensees a wholly $46,239,254 company, Co.. properties Manufacturers' Countries. 177, Natural the of Jan. Denmark, England and Italy England.—V. 177, p. 2130. in International Salt Co. authorizing feet by tract also occupies 250,000 square feet at 401 Philadelphia, Pa., with subsidiary plants in Canada, Australia. New Plant— plant company in owned a acre $400,000. expected the company plant 20 a square at set second this year, of large 40.000 been this the of C. has be Co.—Builds construction situated be contain in will This started Downington, 1953—Year—1952 $15,467:207 to building production crews has company Watauga miles has pipe The Currently, proximately $277.816.—V. stock, Business1 Machines in elimination the as •> Over contractors Consolidated Light & stock; under Sept. 8. 011 method "pictures" usually right , subsidiary Manufacturers Charter authorization for preferred be to the origin^ilv as in 1953—3 Mos.—1952 issued Amend SEC its to creation oi performance and from punched cards is described in a free booklet. "IBM Automatic Graph Plotting," now available from this corporation. These graphic charts, used extensively in business Make De¬ companv (or 15. line 624. has the protective The conditions the ncld unusual various common the International An preferred stock. conditions and voting be to of strengthen preferred the issued stockholders of the company's of outstanding $19,572,639 p. Co.—To provisions issues new to as so may of Hawaiian Pineapple Co., Ltd.—May Sales Up— sales 225,259 application to applicable made provisions restricting 297. Period End. May 31— -t-V. of case cumulative its North Net has charter Files With Securities and 1953, 1953 1, acquired. been pipe 178, Michigan Electric & its International business of common on 250,695 taxes a the to proceeds . work inc. Fed. has given interested persons until Aug. 3. 1953, to hearing thereon. According to the application, the company, in contemplation of future financing, and in order to bring its Articles of Accepto.nce (charter) into closer conformity with standards desirable directors. of for vote of the holders of close instead 1 of for prov. 2008. p. Commission bar the announced that Arnold R. LaForce, Life Insurance Co., has been 29 ooard the notes determines * 250,708 Metropolitan of the interim of of is submitting the 6V' July or. of 1952 $1,187,31% 276,625 industry for analyzing trends as well as for rapid evaluation of performance figures and values, include line graphs, point graphs and Hope: Natural Gas Co.—Proposed Sale— vVL io£f £Pei^ng ?f Ke trading session Jlarch (3, I953, —V I78,n p 241. setumies !<« of share, equipment as 1953 $1,284,758 —A—„ Six Months;Ended June 30— an order suspar value cormnon stock cf this corpora¬ Stock the York. notes, (& Subs.)—Earnings— ______ and 241. p. Spokane, Wash.—Files— filed 17 shares per buy Corp. operating revenues profit company value last good .faith. 177, amend will of Board July on President, Construction at $1,123,859 income Net and building Telegraph cents to members receive of at 0«?, July 24,that il has entered • the to company to this Continued— American this of he explained, 600.000 7'A interim to A c6!1 ?!.il]utak,e ovei contro1 of the firm's assets for the court ilnt 14 hearing on whether the reorganization petition should accepted as i approved was fabricated the in Vice-President a The into h, shares is required. corai;)any was insolvent, having $2,050,899. shares authorized of President Union used Byrd, Hy 6% formally withdraw its proposal to issue options to employees. See V. 178, p. 297. announced at be Second Newark&NajP°inted by U' S" District Ju^ge Alfred E- Modarelli Four creditors In¬ Schedule— the Dep. Stock — livery of Common Shares Oct. 1—Construction Work annual 2007. (Adolf) Gobel, Inc.—Receiver Named— f.orporation number Gulf Interstate $1.89 net Fibers, Inc.—Stock Offer Withdrawn— shares upon Ohio Corp.—Acquisition of ADT— covering to are elected Glass Toledo, $29.41 $1.53 $1,208,290 thq of account on elected corporation offered com¬ _________ earnings in of operating —V. to $7,996,917 $40,005,549 $39,233,472 Inc., previously facilities, Western The pref¬ $31.73 earned Reported 441,168 $6,834,321 Net The 1953—5 Mos.—1952 Welding equipment, told the stockholdrs that the new Division, established for direct manufacture of cold- Grennell , stock mon of Outstanding 1,750,000 shs. in production been SEC share per stock erence Amount 773,584 sales , Grizzly Gold Mining Co., $8,943,572 earned centsi 350,000 fastners in See in income Net Amount Authorized 3,000,000 shs. in dollars S. |' 1953 -Month—1952 Gregory, Chemical Indiana Gas & Production FINANCING $18,616,655 and earns, countires.« not PRESENT TO Fasteners headed has 12.848,943 income taxes of EFFECT 297. p. the to Stud Nelson 1951 709,567 domestic development of rented for this purpose. These give the company much greater flexibility in its overall manufacturing operations. C. B. Smythe, President of The Thew Shovel Co. of Lorain, Ohio, $22,317,993 _______ and 314,271 inc. oper. 2353. p. and George Subs.)—Earnings Higher— 1952 $361,796 427,752 177, request in 250.000 now 1953 results July 23. 1476,384 (& $900,5"5 837,153 railway —V. Quarter Ended June 30— Industries, increase from $536,945 1,176,384 Co. from the in progressive $8,726,580. Nelson $383,539 1,272,944 Six Months Ended June 30— $218,903 122,801 Net- 2678. p. additional Profit $264,153 from rail¬ operations way to charter 1.105,469 1680. p. 178, Gregory $4,777,838 1. of cost contract made with Oklahoma area, xor creased, etc.— $8,768,381 period ___ end 4.032,377 Green Co.—June Sales Higher— L.) 177, State & V. drilling a Industries, GIVING Sales 1953—12 Mos —1952 $1,047,684 — $4,894,173 4.126,445 Indiana (II. New 491,745 inc. income outs, 100 $5,027,040 807.331 same. Period Er.d. June 30- —V. 1953—3 Mos.—1952 taxes ->hs. trustee. Co., $1,026,234 870,164 of $2,492,143 Fed income total a 1983, through operation of interest. Payment will 1472. p. —; bef. next, 17 Aug. on due these properties at a of owner provided wells, 98 stock'(par 10 also See accrued Giant Portland Cement Co. Period End. June 30— Net of CAPITALIZATION Redemption— bonds, New Y.—V. N. for 3%% 100.90 '!< at The at 15, called been fund, $1,134,317 expenses Net revenue , the Petroleum justify the drilling of Common $244,000 revenues oper. ' also • Georgia Power Co.—Partial 1953—5 Mos.—1952* 1953—Month —1952 oper. Railway semi-proven. $43,000. is company 51. p. RR.—Earnings— Railway gas by assignment from H. W. Bludworth, acquired turn, be Terminal Illinois Period End. May 31— Six which, the 80-acre lease, while the and to less. or more of one considered is same oil proven a obtained who, in the be Oklahoma, in acres were of excess The & Curtis; Stone & and associates. Independent telephone Webster Securities The statement covering an issue of approximately 300,000 shares of which wi'l be publicly offered late in August or early 'stock, common 120 of by acres, considered is above leases The nancing— acquired were Tract, Lease acquired 2,666.66 to oil and gas leases in Texas and the company in Duval County, certain acquired lease The amounts properties General has company Oklahoma. 233,193 368,084 ! 2569. p. The a s».'i whollyto consideration Field of 1953 1952 $2,014,751 1,492,476 $1,027,750 $1,172,793 430.000 taxes $2,665,269 987.001 taxes income 480,000 $2.14 $2.44 The facilities Storage before Federal (& Wholly-Owned Sub.)—Earns of in ap¬ Net profit Number Earned —V. common per 177, p. share 1800. shares —: Volume 178 Number 5243. Interstate —V. 85,073.480 824,986,869 824,459,490 85,317,801 177, shares 2679. p. that are added He this first of in that shares 11,550 Interstate Power Co.—To Sell This Subsidiary— and assets' of Light & Power have Co. fund order an the two companies.—V. 177. out the Co. of America—Asset into Net asset Total Value value 28, The . July on net 812.32 at June 30, 1953 823,427,516 vT-. — 177, in the Co., Inc.—Current Period End. June 30—. Sales Retail sales The the have approved general plans for the development of West North Avenue in Melrose Park, 111,, recently acquired on This company. action anncounced was July on by 23 proposed approximately tion service Surveys will building 500,000 to of routes, contemporary leet area design, stores. building and will bring administrative together the the sonnel Iroin to the 200 existing stores by the locations and 10 to be the at stores new for the serving now Jewel's —V. in is protected Letters b^ to are used for This requires the addition the are will by closed for before nine additional winter and stock . Oper. the plant of the acres.—V. 50 Ford 177, Motor The Cx serial Nov. 1947. 1, negotiated being are Vice-President and General and 177, Super Constella¬ converted to carry select to style, sched¬ is lines, Burt C. the California with other Manager of 2785. p. 13,321,803 862,243,000 $55,498,337 11,639,333 51,666,454 45,743,755 82,632,702 taxes__ Gross ___ (net $2,147,589 $10,576,546 17,568 $9,754,582 16,300 $2,145,368 $10,558,978 $9,738,282 2,221 3,186 Dr) income 82,624,516 deductions 1953—12 Mos.—1952 1953—3 Mos.—1952 $15,954,505 813,786,922 ____ income income Income Net 937,392 862,617 3,517;754 3,873,925 $1,687,124 $1,282,751 $5,864,357 365,696 $5,498,661 4,199,594 $1.31 — income Preferred Shares rented space in —V. 324,794 167,362 $7,041,22-1 1,093,546 30 $1,362,330 4,799,536 share $0.28 $1,115,389 4,199,594 $0.27 $5,947,678 4,799,536 $1.24 ._ dividends for com. stock outstdg. June Earnings per 178, com. 297, p. • ■ . quantity of of Kilburg James States Patent Lorain for Office The 62720. No. Further pending. now protection is . SEC 1 par County Radio Corp., Lorain, O.—Files— on July 27 filed a letter of notification with the 1,250 shares of common stock (no par) to be offered share, without underwriting. The proceeds are to be used corporation covering at $40 per to pay expansion costs.—V. Outstanding 899,535 shs. 1,000,000 shs. $11 p. 1541. (Calif.) Telephone Co.—To Sell Preferred— Los Gatos FINANCING TO PRESENT 175, under expected / EFFECT GIVING The company has applied to the California PU Commission for au¬ thority to issue $297,730 1'n preferred stock (29,773 shares at $10 a shr.) to present holders of common on the basis of 0.58 share for each com¬ share mon , held. company the subscriptions would be taken to Aug. If approved, shares of $2,925,164 $5,266,017 2,568,321 2,424,589 4,687,383 $5,340,719 4,306,739 $296,633 income $500,575 $578,634 $1,033,980 Louisiana This 17,625 302,389 1,918 261,062 (net)_'_ inc. ol $557,695 $502,493 $881,023 $1,051,605 189,563 212,522 357,599 569,401 $368,132 $289,971 $523,424 44,000 88,000 $435,424 $394,204 $0.56 $0.99 $0,90 in deducs.—____ land income Net Preferred divs. bids the Barksdale Air Force the ol' for an com. the U. $324,132 *EarnS. per "■■Based $0.74 sh.__ com 440,000 shares of common on and Base tracts leases on two gas near Shreveport, La. Bureau j Department accepted its sealed bid sale. It paid $1,026,300. ("Tulsa Daily World.") Interior S. leasng of 1,886 acres cf land on acre both 011 This company '/stock ap¬ oil awarded been tracts, or Louisiana Power & Light avail, Inc. La.-y' has management for $550 con¬ etc. Shreveport, 88,000 $245,971 of corporation land Corp., Gasoline Natural Property— $482,204 44.000 income Gross Inf. 47,698 shares of outstanding.—V. 168, common the same price. and 51,333 $10 par preferred p. 647. has now 1953—12 Mos.—1952 1953—6 Mos.—1952 taxes_'_.i!l_*' & exp. Non-oper. dates contains tract orders exps. Other 2679. p. its model turbo-compound new airline planes, which can be either in luxury or tourist passengers revenues Leases or early summer of 1954. the property has a frontage of 674 feet on North Avenue, mile north to Armitage Avenue, and ells to the west new proximate. y 99 on backlog announced. Thai to Operating spring of the the for foreign ■ obligations, substantial a United the in —" 82,864,954 revenues Oper. new opening service Long Island Lighting Co.—Earnings— area stores " With tentative 011 office and application an filed future. Period End; June 30— center, 40 on July 25 Constellation Super two mid-1955. Period End. June 30— Kings County Lighting Co.—Earnings— per¬ or start par offered operating costs test, for filing- pay field in California manufacture bearing near 177,* p.''2130, Oper. of Bangkok, in for 24, after which shrs. would be 1 available to the public at. enlargement of approximately 25 others. scheduled to open, between now and Jan. 1, been to the and to pay existing borrowed money. organized to Patent and application Oper. 1955. at publicly were The " Chicago order subscribe Chicago distribution a to stock With the exception of certain operations to be on hand substantially all equipment, tools, ma¬ has it 1248 30, Common growth program of Jewel's Chicagoland food in September, 1 52, ca led for an objective of of to as right common Authorized half a around have scheduled site extends end serve Delivery of for division, reported.—V. , V the relocation Leases struction The planned announced as 1954. continue will warehouses - over-all Some a CAPITALIZATION " * warehouse new stores. service, set effiee. new proposed -The will offices. "Approximately one-third of headquarters' each of the present Bairingion and Chicago otncei supplementing food which 15th Additional serv¬ Avenue transfer The buying meat the of shares now and Ashland 150,000 Dialaphones supplies required and Nov. mer¬ home of most functions, for shares well equipped plant Calif. course headquarters in suburban Barrington, 111., and for the food stores department, now headquartered at 3617 South Ashland Avenue, Chicago. It will concentrate all buying functions for both operating departments in one office, except for produce, dairy, deli¬ catessen, has Mateo, another office the 59 uled orders company, officials is Balance company San on v 1 commercial |Airways tions. from on 1839. p. This application was allowed by the Patent Office on Jan. 29, 1953 with 20 claims, many of which broadly cover basic features of Dialphone. A patent include ing- these claims is expected to be issued from this application in due a ' retired be 177, and Dialaphone United States story two warehouse of< Jewel's distribu¬ and supplementing lor foot square stockholders patents fees and was an Dialaphones. 1954. executive chandising operating ice 50,000 a proceeds for Corp. company terials site planning have been completed and ■ construction August with occupancy scheduled for late August or this September includes of square Chicago and start The development office will share.—V. per total nearly 100," Thai Operating manufacturing subcontracted, • George Clements, President. The executive "to company. at , directors the L. 8 110,506,782 Development Approved— property *. . 8 17,167,758 in ofifce The New by 1953—24 Wks.—1952 110.069,121 8 18,237,654 boosts factory is located at 315—8th Avenue, San Mateo, Calif. was organized to manufacture and sell the Dialaphone, an instrument -designed to dial automatically frequently called tele¬ phone -numbers. The Dialaphone was conceived, and designed by James Kilburg,'President, who may be deemed to be in control of Up— 1953—4 Wks.—1952 8 1 converted so 180,000 BUSINESS—Corporation The Tea highly price. same foreign principally for attorneys' Its Jewel not unsubscribed headquartered Ltd., Aircraft powered by turbo-compound engines to speed competitive air routes in Europe and Asia. Addition of the two Thailand aircraft to Lockheed's transport offered , for 2 Co., Lockheed transports announced that to satisfy sinking first preferred stock, 5.6% series, now outstanding had been called 24 shares May June 22, June the 1473. p. leaving outstanding only 100,000 shares.—V. 177, p. 1839. of Aircraft Corp.—Receives Thai Order— Airways handed share). applications 812.30 were Lockheed Thai 46,288 Kilburg Corp., San Mateo, Calif.—Offering— before per Oh - assets 1953, retired were price ,of $25.75 at- a company or on "t$l incurred 811.40 30, Monesmith, June 30,'52 . third Shares— Called 1953, (James) Lower— Dec. 31.'52 share., per the in Holders have the privilege of converting these shares common/ Aug. at June 30.'53 stock original issue PROCEEDS—The Investment As of— continue June requirements, 4,761 Shares of of approximately 9,000 shares by the company. 2353. p. will ended months 12 preferred of director! The applied to authorizing the purchase by Wisconsin Power from Interstate of all of 4he 16,274 outstanding shares of capital stock of Interstate Power Co. of Wisconsin for a base price of 82.359,730 (8145 per share); and the Commission has,, given interested persons until Aug. 13, 1953, to request a hearing. Interstate of Winconsin. a wholly-owned suosidiary of Interstate, owns and operates electric utility properties in three counties in ex¬ treme southwestern Wisconsin. Its service area adjoins that of Wis¬ consin and its properties are interconnected with those of Wisconsin. As soon as reasonably possible after the acquisition of the stock uf Interstate of Winconsin, Wisconsin proposes to merge the properties for Winconsin and company SEC trend favorable the Calls Preferred the 7 (387) quarter." 1953—4 Mos.—1952 1953—Month—1952 Sales—> indications Stores, Inc.—Sales— Department Period End. June 30— The Commercial and Financial Chronicle .. has filed an a Co.—Proposed Acquisition— application with the Federal Power Com¬ Bogolusa, proposing to acquire electric facilities in and around La.,'from the Gaylord Container Corp. The purchase price mission would be $1,350,000.—V. 177, p. 2570. stock. ' Kaiser Aluminum Three Months sales Net Cost Ended Corp.—Earnings— 31— product 1952 838,455,000 selling, Amortization in taxes Net of excess profit — of directors cash earnings, of 1,353,000 *2,067,000 82,661,000 version $2,478,000 87.10 for 80.67 80.62 stock- Rate have declared 5% 1953, will be quarterly a stock cash dividend dividend the on paid the stock on The stock. stock Aug. declared Scrip dividend preferred as convertible 5% shares 1.37779 to Kaiser The 177, Motors F. Kaiser, Inc., on two automobile July —V. is as Willys and 000 of built pointed been bv as and Kaiser the out well and sales establishing as will for 177, be of to the than more sales and 4,000 service present owners of 177, had for taxes on State more 24 Weeks Ended— June 13,'53 13,'53 177, 1,620,000 3,158,000 1,704,000 $2,580,000 $1,573,000 81.59 $3.13 oil from Revenues Sales Increase— ' Land Co.—May 177, , : 1953 1952 $31,711,339 $29,438,142 26,883,658 24,395,881 $5,042,261 $4,827,681 Dr62,364 Drl28,752 $4,765,317 $4,913,509 1,632,866 . 1,576,716 income gross $3,132,451 income__' stock dividend — 230,000 to com. stk. $2,902,451 shares $0.95 requirement---- •' «■ . share per'com. 177, . V Net 1953—5 Mos.—1952 • $1,455,301 . ' ■ $8,127,325 (on 2785. p. j „ , ■ ' . $3,336,793 230,000 $3,106,793 $1.02 —V; 177, $7,276,529 \ ' ' ''•-<> Land Cattle & 1953—6 Mos.—1952 M953—Month—1952 $4,837,005 $31,867,619 $28,103,482 $5,541,601 • 2679.' '" p. Leon * < Co.—Rights to Stockholders— See Pecos Exploration Co. below.—V. 178, p. Co.—Sales and Profits Six Months Ended June 30—" Higher— 1953 - . Lerner 1352 * ^ sales $5,725,307 — Net .profit-alter ^Earnings r *Based 30, Federal ta-xes_>__' common share—T_i per on __ 257,884 shares of common . stock 518,570 , $1.63 . 85,185,027 . - outstanding 481,471 ' $1.48 observed income for the these that half results, "the year Dwight S. Brigham, entire occurred increase in Frank I sales for the year Light & Heat Co.—Proposed Acquisi¬ Natural Gas Co. above.—V. 176, p. 240. Investors Trust—Reports Big Gains in Shares Outstanding— This Trust, the nation's oldest and largest open-end investment company, in its report for the three months ended June 30, 1953 calls attention to the present diversification pattern of the trust. Almost; 40%. of the stocks in portfolio have better than average long-terra trend in growth of earnings, the report states. About 35% are in in¬ dustries returning a higher than average income rate with good ap¬ preciation possibilities but are more subject to business cycle fluctua¬ tions. The balance, or about 25% arc believed to have better than average income stability as investments in companies whose earnings should hold up relatively well even under less favorable business and conditions. Total net assets the of trust the for quarter ended June 30 were the same time last year June 30, the trust had 107,375 shareholders and 25,993,533 shares outstanding. These are new high points in the trust's history and represent gains of 14,739 in > $483,406,247, asset with $474,449,498 at share was $18.60. On compared value per shareholders and 2,080,817 in shares over a year ago. months of 1953 were the largest history of the company, the trust the same period were at a lower than normal level, based on the average percentage of redemptions for the past five years.—V. 176, p. 2532. Net sales of shares for the first six first half-year period in the Redemptions of shares for any reported. Massachusetts Mutual Life Insurance Co.—Sales— quarter of a billion dollars of Ordinary and Group life insurance during the first six months of this ye..r, Leland J Kalmbacli, President, announced on July 22. He reported that ordinary sales of $193,732,388 and Group sales of $64,553,533 maki igf a combined total of $258,285,921 constituted the largest six montnj production in the company's history. Total insurance in force in the company increased by $167,297,6*5 to $3,792,099,075. Ordinary insurance in force was $3,482,019,873, ana company sold over a $310,079,202. Total in both the second Chairman net sales quarter and ments —V.177, of the The Corp.—Current Sales Off— V 1953—Month—1952 1953—5 Mos.—1952 $12,797,636 $12,991,235 $59,703,975 $60,293,880 2679. p. , 1 ' Lilly & Co.—Transfer Agent— Bankers net New York present —V. 177. and receipts for was were expenses months were $129,192,348, of which $7-,Nearly 80% of the company's disburse¬ policyholders and beneficiaries. Among l ie the six income. premium payments to incurred by the company, $2,345,445 went for Federal income taxes 'I--- June on 1953. Commenting. on during the fiscal year 12 months, it was announced by July 28. "the company's 011 said Massachusetts 058,456 Period. End. June 30— Saks (Eli) Board, Stores ' * Net the previous Manufacturers Group, 149. ~ Fibre ■ sales increase of 62% . » Keyes over a 2785. p. The . sales- ' 3,039,860) — Inc.—June Sales Increased— Period End. Junev30— '' - 30 President, Freimann 177, Net 1 ' income inc. —V. ' ,.$1,761,397 2785. p. _____ 'Balance-of net: income applicable r and royalies gas i : taxes---- and incorne___ v - $ $ 569,260,484 561,985,340 St. Louis, Mo.—Earnings— revenues expenses Preferred • 1953—Month—1952 Period End. May 31— —V. $ 79,593,471 149. p. Lane Bryant, County 1953—28 Wks.—1952 1953—4 Wks.—1952 $1.86 sh. (alter pfd. divsu ' Sales Increase— Co.—Shows 62% Shareholders income Net 13,277,COO $1,310,000 , ' . recorded company Freimann, for ' ' >. Kern $73,967,466 $75,884,274 . Interest,, etc., deductions from 1839. p. 137,683,701 June 14,'52 5,744,000 12 cents per to share for the 1953—6 Mos—1952 than 2,000,- . —V. 144,170,385 Canadian - Earns, per com. . July 11— Operating 2,930,000 income.^—r and income— on profit ' 81,057,600 Gross fiscal the Thomas B. S 1953—Month—1952 '■ $12,807,517 $12,406,521 2679. p. 178, by 25 tion— — _ 177, Operating Operating Net Net 22,966,551 26,142,067 ' of quarter July earnings compared ended June V. S S S first 1953—6 Mos.—1952 1953—Month—1952 J Laclede Gas Co., the (& Subs.)—Earnings— taxes Fed., ' $ $24,835,000 $49,138,000 $41,957,000 before lor 4 Sales Kaiser new the Kress & Co.—Current Sales Up— Period End. and in for announced was will be ap¬ proximately $60,000,000, the largest volume in our 34-year history." Sales of the company in the previous fiscal year totalled $37,000,000.— Kroger Co.—July Sales Increase— the achieved outlets Co.—Earnings Up— earnings 1953, for the quarter were $476,960 or 33 cents per share the preceding quarter and 27 corresponding quarter last year. I. Parent corporation earnings of $519,591 were reduced somewha<t by a loss sustained by the Eureka Redwood Lumber Co., a wholly owned subsidiary.—V. 178, p. 242 and V. 175, p. 2378.. as per See Hope 2353. p. June $19,203,000 $18,691,000 2679. p.. (S. II.) —V. already 31, President. Consolidated share cents Mr. Twelve Months Ended May 31— sales Prov. $3,697,000 Kresge Co.—June Sales Higher— organization, cars in trend May Magnavox 2679. Peliod End: June 30— Willys Motors, programs passenger 12 Wks. End. Profit Malarkay, The each a result of the recent transfer functions of Kaiser as purchasing, have expanded as 177, p. Other Net arriv¬ 1953—6 Mos,—1952 1953—Month—1952 "Sales——-:—:—--' —V. will paid Aug. 31 new a the companies two vehicles.—V. Willys Kendall Co. in Unit Formed— the distribute to economies organization Willys cars, gas the $3,998,000 „• by both companies. providing States, natural ended year Kinney Co.—June Sales Up— b and some engineering. combined off straight until sometime in July, 1951. results for this period would completed Period End. June 30— be •< stock be to will issuance to stock common thi^ corporation plans to expand Division, operating to earnings, 71.2c.—V. 177, p. 1839. Sales of such major automotive accounting, United entirely additional these writing to due converting not was (S. S.) dividend a subject dividend Corp.—New Sales President, Sale Kaiser substantial The of 32V2 1681. p. manufacturers vehicles commercial Mr. share, per cost stock, conversion parity of the preferred* stock new announced 29 Kaiser-Willys to the Sales —Vi Edgar include additional in the year 1951 of 1952 I 12. certificates preferred of result of the stock a stock. $36.29.—V. the of rate of common stockholders of record to outstanding shares. 1.31234 common be 18.4c of (G. R.) Changed— the California Corporation Commissioner. by from of the will 13 extra an presently conversion share on July on fractional increased June 30, M Wood Working upward 86.61 stock. preferred common dividend permit a months ending 12 ing at the Federal income tax provision which is in keeping with a ruling of the United States Treasury Department, even though con¬ 3,855,000 M & An 1 on; and the as .-The for the i one-tenth 2,330,000 payable on Aug. 31, issued f , 1,708.000 normal depreciation— Distribution—Conversion cents per share well y Period End. June 30— Stock The * 1,762,000 . as per write-offs recommended and other miscellaneous adjustments. arising from sale of plant property, 3,285,000 ■^'Credit. The $41,942 1953 in¬ share of com¬ 30, June 33,221,000 amortization and — share per 3,603,600 shares of both of ending or 9.5c 45.159,000 income on '375,000 shares cf 5% 5% income months 12 ' Excluding Earnings net and 2,011,000 expense depreciation, depletion Federal months 6 extraordinary stock Resulting : the the Public Service Commission by administrative, ___ Normal mon .i 1 sold, other and general clude 1953 859,301,000 —— of Interest Chemical & May for Results to p. Trust receive 2249. Co., and New deliver York, class has "B" been appointed common stock agent in for transler. $71,965,908 and showing a 4.11% yield were purchased during the period. This compares with purchases of $6. ,481,033 and a yield of 4.00% a year ago, on a book value bans. Commitments for new mortgage loans totaling $50,749,974 were male during the six months with a resulting average return of 4.63 '7. Mr. Kaimbach told the directors that the average yield on all investments made since Jan. 1 was 4.32% .—V. 176, p. 1675. Bonds amounting to 8 The Commercial and Financial Chronicle (388) Investment Trust) has applied it has ceased to be an in¬ Company Act; and the Com¬ mission gave interested persons until July 31, 1953, to request a hearing. At May 28. 1953, Mayflower's assets consisted solely of cash in^the amount of $380,620, and its capitalization consisted of $100,000 fact-amount of 4% junior notes, due March 1, 1954, and 7,500 shares of common stock, no par. No interest has been paid on the junior notes since 1937. Unpaid accrued interest totaled $819,000 at Feb. 28, This SEC and for National America, in which the the by to purchase $2 per share, Mayflower to notes had has no Sales to which 175. the same The be investment an would The will be to an 2594. p, 177, p. working The loan is Massachusetts and Co. until is It 1967. Life secured and Co. Insurance 2680. p. . payments Milwaukee in property by Total packaging Net net —V. value 176, Stores Corp.—June Period End. June 30— Sales ____; —V. 177, time $8,305,465 $45,427,863 $45,711,721 $8,627,262 2680. p. The 1953—6 Mos.—1952 1953—Month—1952 its time 1473. p. the Stores Co.—June Sales Up— Sales. —V. __ 3% Co. is company bonds ing from 85% purchase) to and ($10 offering dated July publicly 99'A % of principal shares 15,000 of five-year of $150,000 1953 and due July 10, cumulative 8% preferred stock BUSINESS—Corporation was incorporated Oct. having its principal oifice at 5a6 Newark N.- Y. It is or commercial sumer PROCEEDS—The offered for the obligations the be to are ceived cash The 16, the of the of 177, Shoe The ordinary class Retail —V. 1953—5 Wks.—1952 sales 177, $11,770,303 holder Mengel Co. - 1953—6 Mos.—1952 $0.35 $8,739,527 686,908 255,145 351,000 114,000 *730,000 stock common of $335,908 will $1.47 be 1 n dated $141,145 $705,228 $414,863 ■ $0.92 $21,590,327 $17,704,oil 1,435,228 818,863 cation this profit, of the 91,377 78,744 188,001 156,063 for net six tributed (2) months and cents for The of (1) (3) equities. 54 cents are + Equal share a $893,229 $1.14 to for the Company's quarter in S.-Mengel Ltd. (100% Kalistron, Plywoods, owned Inc. of 1953, Inc.- (50% loans Sales over 177, % 1953—Month—1952 $10,113,000 " Definitive first able for York.—V. mortgage bonds bonds 177, • of 3»/»% that stock series series at due 1982 for share.of each debt required are (In Canadian Trust to —V. to Co. of 75,000 one in substantially equal * Bank Building, of the Jackson, income operating Financial charges structkm —V. revenue by business Model its at Discount has company Dec. on and its at 177, 177, funded on debt and Net subsidiaries two Jackson in and wholly-owned a named below have and . Gann Mc- Securities Co., Inc., South Bend, Ind., on July 22 5,400 shares of capital stock (par $2) at $18 50 share. ■, offered -per 'After Dec. Baker, 10,000 178, p. Simonds & Co Kidder & M. A. corporate research in proceeds existence Ind. Subsidiary go is dates laboratories Elkhart, to Inc.. are Laboratories. to from stockholder. pharmaceutical 1884 located are selling a a on whose and six corporation principal of acres land whose offices owned and fee affiliated companies, fully owned and consolidated. Include the following: Miles Laboratories, Ltd., Toronto, CanadaMiles Laboratories, Ltd., Bridgend, Great Britain; Miles Laboratories ^mcr'c*n» ^nc-» Elkhart, Ind.; Miles California Co., Los Angrelps, Calif.; Ames Company, Inc., Elkhart, Ind.; Ames Company of Canada Ltd., Toronto, Canada; and Sumner Chemical Co., Inc., Zeeland, Mich. The corporation proprietary with with its its Is both medicines, accounts for intensive a and this program, several new products SmStlSin hnd offered U"^r devel()Pment fthaSa publicly expected to be thev , as are ™i«,J?brUaryui-1950 Miles Laboratories, PvT!whP? called Tabcin." n8,"!! anti-hlstamine lever which is During «-7,h Tuth 1950 . additional Additional mins, chemicals also pany 5,000 Mason are has of and revenue other contribute and other line 7,000 being which Straus, Blosser & McDowell new pnd to product Monongahela ment W. Co. Power and Life Insurance Co. Power of part as a sale new a purchased land lease-back and the from trust • arrange¬ office building in Fairmont, for The ment. latter after for provides that lease 30-year a with options for deodorant. sales of Montana Power Co.—Proposed An application has been filed with executive its and revenues 177, p. of Federal Power electric The project on proposed downstream the Flathead River project from the would be powerhouse a through 2680. *» •* the - sale stocknolders, on Mont. approximately of - four Montgomery Ward & Co., , - miles the Inc.—Sales Up— 1953—Month—1952 Period End. June 30— $ $ 92,803,993 Sales— 177, p. 1953—5 Mos.—1952 $ oi one-for-ten a short-term bank stock, $25 par, 1 " • basis, loans and to of Worcester T """ *» ? . , called has v r for . redemption on Sept. 1,-1953, for the 20-year sinking fund collateral series State C, due Congress & for ' redemption.—V. v 178, p. 54. i">..-v ;% .*;• New Mexico Copper Corp.—Stock -*■ ■■ '7 Offered— ' , ■ — Sabbath Co., Washington, D. C., are offering 586,000 shares (par 25 cents) at 50 cents per share. intends to use the proceeds for sinking and drifting shafts, hoisting and mine equipment, diamond drill equipment and for J. . company capital. corporation District the *. stock common The company's (existing hydroelectric developments near Poison, Mont.-r-V. 177, p. 2131. one $4,166,100 sinking fund, $61,000 of delivered ' .The proposed hydro¬ in Lake County, located of retire bonds, so working Commission title *re of all to mining clear the operations Red Cloud Mining concentrated on are district. The corporation also owns 5S Mining District near Carrizozo, N. M_. indebtedness of in claims M. "Present N. Claim in this in the Nogal claims claims All 23 owns Corona, near Conqueror mining them. and the corporation has legal ~ - - shipped has already ore with the first shipment going to the General Chwnical Division, Allied Chemical A: Dye Corp. of Deming, N. M. ThisMpks -an unsorted shipment consisting of 53.6® tons, 55.9% grade fludfspar and brought the company $10.79 per ton, F.O.B. Deming, N. M.—V. 176, p. 959. corporation The $ 92,345,288 428,112,233 434,301,124 New York Central 2680. See Chesapeake & RR.—C & O Increases Investment— Ohio Ry. above.—V. 178, p. 298. Mountain States Telephone & Telegraph Co.—Earnings Period End. May 31— Operating Federal 1P53—Month—1952 revenues expenses income taxes. - operating taxes Net operating income $1,203,705 charges—5:: 1,054,744 758,119 4,060,575 3,648,155 $852,559 ' ' 690,734 $5,675,654 $4,471,057 3,528,426 " 1 782,449 New York, 1953—5 Mos.—1952 $11,671,261 $10,233,917 $57,304,440 $49,445,882 8,717,257 8,027,635 43,348,717 38,217,539 967,850 595,604 4,219,494 3,109,131 • U. Net —V. after 177, p. 2570. ■ >*-• ' 4,686,848 Chicago & St. Louis RR.—Earnings— Period End. June 30— Gross S. income income - taxes 1953—Month—1952 1953—6 Mos.—1952 $13,951,467 $11,157,390 $83,196,460 $77,451,865 1,434,500 863,500 9,249,000 7,933,000- 696,148 1,729,906 4,228,598 11,052,103 3,972,943 10,155,92® 1,400,772 8,990,092 8,161,597 $4.26 $3.81 649.602 1,283,131 944,725 'Earns, per com. share $0.66 • $0.41 ♦After preferred dividend.—V.177, p. 2681. Other ry. tax Net vita¬ subsidiary its to Payment will be made at the ■ State-Street Trust trustee, bonds •- of _ Hydro Project— the by this company requesting a preliminary permit for Other "One-A-Day" Operations authoriza¬ July 24 has applied to the SEC for sell 1971, at 100.94% of the principal Co., sinking Streets, Boston, Mass. < Coupons maturing on Sept. 1, 1953, may be detached and collected in the usual manner, at the option of the holder, i>e-!presented with th« 4% fund M. time. Monongahela's new office building will house headquarters staff in Fairmont.—V. 176, p. 2271. the of amount. has Co. approximately $1,500,000, it was announced on July 17. J In this type of arrangement, the property is sold to New York Life and the latter leases^ it back to the seller under a long-term agree¬ —V. fungicide $18.25 profits realized net Redemption— company account Sells, Then Leases Back — involving the construction of Va„ are called from 5,000 , York New Operating a share Gas & Electric Association—Financing on and to proposes Partial developed Inc. introduced direct to the compound for colds and hay includes materially and issue per $5,711,165 312,978 2354. p. 18,784 shares of the common Light Company, its subsidiary Gas comp'etely developed. commodities. compounds.—V. In currently products new ethical to cents 35 purchase 5,000 149. 'JAlka-Seltzer" revenue. company which introduced cleaner sources also company of being saies pr,°^uct is an antiseptic, bactericide qualities as a 'Nervine" companies of the distributor principal product major percentage of research subsidiaries producer its the of 177, Association, (1) '$17.57 194,916 additional shares of its common stock, and (2) make bank borrowings of $2,000,000. With $he proceeds, the com¬ to and in -, payment Jun 30, '52 345,498 '$18.62 share— New England This 5,000 Co Brothers.-;. 7,500 Property— rehewal net Miles $26,442,26® $6,434,039 362,471 1952.—V. 29, tion Shares 15,500 . The . $6,369,136 outstanding asset value per Net Dec. 31, '52 Jun 30, '53 assets Total Shares underwriters & Co The Offered—Albert 1953-r-O Mo$;-r-1952 . $4,795,964 $28,677,901 Fund—Net Asset Declines— As of— incor¬ . 2570. Laboratories, Inc.—Stock ' Sales Up— 2010. p. New England is Coldwater subsidiary other company, Monongahela ' Miles . $5,372,523 . $ $ 1953—Month—1952 » — 177, 1953—28 Wks.—1952 $ 30,933,256 245,086,505 201,172,74® Brothers, Inc.—June sales —V. to —V. ' 683,376 678,228 Sales Increase— 1953—4 Wks.—1952 Period End; June 30— 10, to Taylor $1,740,882 con- loans p. $2.11 "A 2680 and 2571. pp. Neisner 15, 1947. Smith, Hague & Co 5,635,810 $1,595,127 $3.27 $0.92 < 35,501,738 —V. 1203 agreed the from $6,744,124 $24,074,732 $15,546,590 $1.77 Sales The group. located are Company offices Corp., Bradbury-Ames Co - $12,989,799 — share 2250. p. $ amounts The Net —- per 177, in the State of Michigan Paul C. Kimball & Co.__, 6,042,412 in Michigan company Mich. - - •/ 1953—3 Mos.—1952 National Tea Co.—July / incorporated was offices $1,800,605 Steel Corp.v(& Subs.)—Earnings— Period End. July 18— is $21,000. 160,000 shares of com¬ upon conversion of the class A , company executive 1953—6 Mos.—1952 $8,913,395 $8,152,381 1953—Month—1952 2680. p. 60,000 shs. 188,190 shs. the issue date of each year Shops, Inc.—Sales Up— Shirt $1,965,618 Net issuance for 1682. p. 177, —V. 58,500. 60,000 shs. 1500,000 shs. vaiue) retirable For year. 75,000 1951_____ are preceding 1953—6 Mos.—1952 j Income from oper. and . . T-*- - other income$44,910,668 $17,506,239 $80,938,722 $42,363,320 Profit before inc. taxes 36,789,799 12,104,124 66,474,732 32,476,590 Federal taxes on income 23,800,000 5,330,000 42,400,000 16,930,009 80,000 value) notes the and, National $900,000 , $100,000 par in produced, units were 12,738 sold Outstanding 60,500 ($1 par said, of Period End. June 30— FINANCING , Shares $7,376,692 ____ PRESENT 10,058 approximately taxes depreciation 177, —V. proceeds of the company has agreed to sell the underwriters 60,000 shares of its class A common stock, viz: '53 Dec. 31, '52 $7,637,539. including the from Authorized notes stock the Sales the finance he period, over expanded feet National class wholly-owned subsidiaries: Jackson Finance Corp., incorporated in Michigan on July 6, 1951, and Model Finance of Lansing, Inc., incorporated in Michigan on June 10, 1852. These subsidiaries are engaged in the small loan and discount business at Jackson and Lansing, Mich., respectively. Currency) Mar. 31, TO EFFECT 1950 15, reserved are meet Earnings 17, porated in Michigan on Dec. (& Subs.)—Earnings Ended— received (current) stock. handled exchange¬ are Guaranty record number of homes in the fiscal Price, Executive Vice-President, has June 30, he added, single-family houses Period End. June 30— •• UNDERWRITERS—The operating revenue Operating and other expenses and funded GIVING Nov. ($1 discount The 1953—5 Mos.—1952 Gross . common prior the class A common stock the company at a basic through which loans are made and their discount and wholesale financing activities are handled. $9,589,000 $48,894,000 $46,890,000 Mexican Light & Power Co., Ltd. Months dated The purchase Three of time any increase Lafayette of stock working funds Aug. operate four offices - 2353. p. dated BUSINESS—The The temporary or at It is impracticable to make any specific allo¬ portion due within stock 1936. Metropolitan Edison Co.—Definitive Bonds Ready— New a E. production needs, National has added' 73,000 production space through acquisition of.anather plant in addition, is completing an 80,000 square foot ad¬ dition to its main plant. The latter expansion will increase capacity at the main factory to 90 units a day. Capital expenditures in the recently completed fiscal year totaled $1,656,000, Mr. Price stated. notes: subordinated common foreign a owned).— 2680. p. arrears may, of any or 10-year periods beginning with mon owned); in 33% Stores, Inc.—June Sales Up— ; —V. all common or - stock National Mercantile stock 12-months the ended year To in proceeds from company. common current undis¬ ■' Period End. June 30— George 30, " but .operating (approximately and 8 Uncon¬ the A 'The 1903. p. notes, Common share common a portion ■ . $570,926 corresponding periods of. 1952. Mengel U. Mengel West Africa, 177, r and 21 earnings country); V. and equities $219,889 June 27% a square the outstanding share, together accrued thereon the company's to Junior subordinated unconsolidated cents 65 solidated In per ^ notes, Class $427,285 the to dividends share additional any 5% including. equi¬ ties Includes of $5.50 sum issue. 'Subordinated unconsolidated * part of whole or any common Short-term notes payable unconsoli¬ • all A one ; affiliates——— Record Output— Homes Corp.—Reports corporation turned out ended October. subject to adjustment. bank of business 6% Net the convert added excluding equities S Equity to A redemption. CAPITALIZATION profit, offered 404,000 tax _•—: tNet (Mich.)—Stock Offered— paying the into shares of rate additional $0.71 $11,18;,825 before Income extended been has the sale of the class A common working funds. It is anticipated that the net proceeds will enable the company to obtain additional bank loans and/or to sell additional subordinated notes when, and if, 1953—3 Mos.—1952 sales Profit thereof, him A (& Subs.)—Earnings— share— stock, common 40-cent cumulative class stock (par $1) at $5 per share. by class PROCEEDS—The Pferioa End. June 30 Net lor of conversion $47,878,119 $33,039,768 stock fixed date by stock ♦Earns per com. 2,346,848 $1.39 _________ National's production represented 1.32% of all started throughout the country. That compared with 0.71% in the peak building year, 1950. Current production in the company's plants at Lafayette, Ind. and at Horseheads, N. Y., is running at a 76-house-a-day rate, he said. During the current fiscal year, he predicted, 25,000 houses -will be produced. He also disclosed plans to enter the Southwest market with a house specifically engineered and designed for that <part of the country. The company's restyled 1954 line will be introduced early in New of redeem may equivalent sum a redemption 1953—6 Mos.—1952 $7,882,737 notes Co. Service, Inc. common common the held " 2680. p. share. 149. p. During 243. p. shares 60,000 company A with to Corp.—June Sales Increase— Period End. June 30— Ex¬ — York, as agent to of this railroad for shares of Trust Co., C. Kimball & Co. and associates on July 27 Any Melville collateral Railway Central convertible 2785. p. Marie Ry. Sault Ste. & Bankers the re¬ ordinary nature of the business of of the issuer to liquidate obliga¬ the in liquidations of Model Finance above as $3,491,622 2,664.872 $1.41 I__— outstanding common National This year the Aug. 31, 1954.—V. 178, Paul con¬ intention such.—V. as course the and of the securities of the business sale the ordinary paper the not officers of or is It New City, discount, at to Paul 25-year 5%% Wisconsin the publicly proceeds in in Jersey 1937 Ave., purchasing of two or appointment exchange 1 company is It business paper. used the of its to the purchase company. tions in engaged for company. per 178, $3,990,774 - shares —V. i at per Jersey, ■; reported. change Agent— share), of which 2,221 shares are being reoffered ati $10 per share, the same having previously been sold. The preferred stock is subject to a right of redemption at $10.30 per share and the accumulated dividends thereon upon 60 days notice. par taxes 1 St. Minneapolis, time of upon this by 22 1952 $46,366,499 9,161.622 7,055,000 5,670,000 1953 $57,598,945 11,045,774 —L-----—____ — income Common 149. p. de¬ 5% 1958 at prices rang¬ 10, (depending amount Net Announced— Tractor Co.—New powered tractor, July ' • The benture Income three plow bottoms, was reported to provide many specifically requested by farm operators.—V. 177, p. 2785. ZB new features new J.)—Bonds Offered— (N. of taxes The annum. Minneapolis-Moline The announced Finance notes before Earnings 177, p. 2680. Mechanics the aggregate maximum principal 1954, and to bear interest funds will be used to pay approximately $2,500,000 and for temporary per financing of the company's construction program.—V. 178, $25,881,031 $25,689,2^4 $4,462,758 $4,781,274 Profit /1953—6 Mos.—1952, 1953—Month—1952 __ 3'/i% Subs.)—Earnings— (& Sales to issue to banks from promissory notes in of rate Gypsum Co. 6 Months Ended June 30— of $9,000,000, same to mature Aug. 1, amount Milwaukee's Period End. June 30— Co.—r^otes to Banks— has received SEC authorization company to ■ at McLellan Gas Light Milwaukee Up— Sales $22.77 $22.72 shr. per 1950 $8,048,368 $18.03 $9,427,443 $21.08 $10,164,579 $10,202,159 assets asset 1951 1952 1953 As of June 30— flexible of Off— National Aviation Corp.—Net Asset Value and Pere, Wis. maker 1953—6 Mos.—1952 $14,283,763 $81,582,891 $79,139,033 1953—Month—1952 $15,681,056 177, National McCrory i Sales —V. $14.60 Murphy Co.—June Sales Higher— Period End. June 30— present capital Mar. 31/53 $13.90 share per 1370. (G. C.) materials, now has a South San Francisco blanch In rented quarters. A new building with 35,000 square feet, compared with the present 10,000 square feet, is to be completed by Jan. 1. and June 30,'53 value asset —V. $3,800,000 mortgage to and to expand operations in with Northwestern Mutual Life its increase will increase Francisco. San run Milprint, com¬ company Mayflower cause De $3,054,817 Inc., Milwaukee, Wis.—Arranges Loan— to Insurance Net • corporation South owned price. Inc.—Net Asset Value— As of— 1953—11 Mos.—1952 $2,877,414 $34,559,422 $33,098,972 2680. p. $5,000,000 by the bank at remaining outstanding at to cease activities company.—V. thereof 177, Milprint, Corp. the purcha-e to an costs. 1953—Month—1952 .___ —V. Mayflower, of See de¬ publisher of notification with corporation, Mutual Fund of Boston, outstanding value on a Sheraton stock common Mayflower of holders voted from offer an shares of stock offer to from oilmen's magazine, on July 27 filed a letter of the SEC covering 500 shares of 6* cumulative preferred stock to be offered at par ($100 per share), without underwriting. The proceeds are to be used to pay operating Increase- Co.—June Sales Miller-Wohl Period End. June 30— and depositary Colo.—Files With SEC Petroleum, Inc., Denver, This tails in ¥. purchase the junior notes of Mayflower asset value at the time of the transfer, to their for in engage junior the stock The received 763.7 agrees and stock investment has of common trustees have pany's not Bank bank the all owns the is Boston placed. and accrued interest, were quickly 178, p. 298. par years. owner Sheraton of stock. common Shawmut of Bank and Trust of some Mr. Sold— Debentures P. W. Brooks & Co., Inc., and associates, at and Corp. that Investment Shawmut the shares basis declaring the under National 2,880 owned order an under registrar book for company The 1953. (formerly Shawmut Bank Trust the to vestment Co.—4V2% $250,000 of 4V2% serial debentures, due 1954-1958, inclusive, recently offered publicly by Lee Higginson The Firm— Investment Manufacturing Miller Mayflower Investment Trust, Boston, Mass.—To Cease as 3, 1953 Monday, August ... ry. Net income oper. accruals- inc . Volume 178 Number 5243 The Commercial and Financial Chronicle ... (389) New York and Steam Corp.—Earnings— Months Ended 12 June 1053 20— Operating revenues-..--!.1 Operating expenses and ! ■' $21 to 19,670,381 $1,901,891 76,060 61,616 $1,648,041 $1,963,507 1957; 20,170,429 $1,571,981 and 1, $21,242,362 $22,072,320 taxes-- including Nov. 1954; 1952 1, and income..-.-. Operating Non-Gperating income . plied outstanding, added Gross income-—- Interest, - LL— deductions-^— etc. 1,295,671 to burse the of ments Net income before "Miscellaneous Net reservation reservation income a "Appropriated property.—V. income— net income. net : — 352,370 for 670,004 300,000 300,000 $52,370 _ $370,004, - income net 177, of : of acquisition porate bonds of of or and 11 affiliated The New York Telephone .."Period End. May 31—- .. 39 1953—5Mos,~1952'" ' Federal Other 3 $ 268,918,194 Net Net 249,256,546 26,663.000 5;355.304 28,617,610 26,832,238 operating income charges.— 177, (J. 2786. p. J.) , 6,579,112 31.994,594 26,833,215. Newberry April 24.334,852 Co.—June Sales 6% 3 Mos. Ended turbines accessories — work & June 29,'53 * Totals at Number The of major sions 5,508,366 employees at the 248,687,120 close of the 16,263 16,134 period Butte Mining Peat Co., power sale speculation." PRESENT FINANCING 1970 $2,785,000 $2,785,000 1977 500,000 500,000 200,000 Assurance of Co. 200,000 Stock — Corp. .. . stock private 15 3:,,4% of The al-1 New American (par Peat Moss that company In . and elecjtric of U. S. utility first companies Energy Ohio, mortgage York, Insurance United Co., Co., States, $20,000,000; $15,000,000, the Net John and Hancock five notes, through agent as bearing The for First a The First of group largest participants are: in National 4% and National Co., Inc. (N. J.) the to par 12 banks Jan. the of and City two of ■ their The, shares in York; , share. See also V. per 178, at The North The Butte Mining Co.—To Change stockholders on will 3 Aug. vote Name— approving on of proposal a to the articles the company of this of name and dealing with the nature in.—V. 177, p. 2011. engage Gas Co.—To Sell amending on of business the the application stock will Sept. pansion be 18. of this considered Proceeds by from State Railway financing proposed of shares 250,000 Nebraska the the sell to company will preferred and accrued Sept. & 1, Co., —V. Pacific interest, 1975. 178, $1,804,000 Payment Incorporated, redemption on Sept. for will fiscal collateral of made be agent, at Northwest - Orient service the in of ! Mr. Harris presided Hawaiian Airlines Northwest plans P. J. CAB N. Hawaiian Chief a the Islands pointed enue of that incentive Net to its planes domestic and today. This the Thomas L. Wrenn, record. ' It " month set by giving World a Net increase an in 169,072, of it to Com. a'carrier that realize route. more The revenue during passenger the June, than in August, and 365,579, freight 1952, 151,198, an the over —V. an miles over ton cash, $10.63 or be to used $5, for to 1952, miles, increase of the per capital'. Offered to a $8,182,154 $7,363,165 1,085,294 2,173,973 2,138,475 (but No $2,427,437 $6,003,181 $5,224,690 440,625 881,250 881,250 • $1,986,812 $5,126,931 Consolidated 11,09% ; not underwriting The — residents of The series A Ohio Ohio preferred the company on Co. Telephone p. 2,653,140 75,000 stock is : Net income corresponding in total mail of is Earnings ton taxes __! per $3,026,436 802,981 550,152 income on 497,850 341,096 ._ $305,131 55,484 of started. It par 30 days' notice, as a — Preferred market 176, The demand the company's and is and is plant new piogressing the that expected this at Newark, schedule. on installation of The plant will be Calif, began buildings are equipment production has producing elec¬ Insurance land ■> and buildings and lease of "years. To capital finance to date of them Co. of the California the the back' America has company purchase the to of the buildings. Prudential, p. 1965. such Upon completion advances will has the agreed plant, for $986,748 land purchase to estimated company used of the be restored of $245.99 name is have just outward an taken place live years sign since the of new ago. 1953—6 Mos.—1952 1,159,394 967,088 2,220,590 ; $955,824 $710,356 $1,888,374 oustand. $1,634,395 1,242,799 1,242,799 1,242,799 1,242,795 $0.77 $0.57 $1.52 $1.32 $29,839,405 $29,280,512 4,108,964 3,915,44* 2,281,052 1841. p. 1953—Month—1952 $4,347,985 177, 1953—6 Mos 1952 $4,280,390 $26,345,476 $25,961 815 2681. p. " owned Cement of a Wash., a authorized by the subsidiary, Co.—Unit $4,000,000 Plans board gypsum Industry for the new directors Henry of J. Kaiser Kaiser, Kaiser new of Gypsum plant, Puget Sound Area, the feet square of Gypsum President, industry in Washington, The plant Way, be Co., ships. The Gypsum manufacturing Redwood City. Co. announced These the the of ship transportation. vessels ore —V. 175, p. years the the July 16. The ports San on San Long Marcos Island for tho is efficient 10,000 own especially equipped to handle this type of in deposit gypsum its and manufacturing tidewater operates Beach plant—receive the Marcos on productH gypsum of Seattle for situated company ago. two new material is and The two operating at quarries Mexico. largest on plant is scheduled acre site on East Marginal Waterway for unloading of purchased by Kaiser Gypsum will raw company's off world's been wholly- Alaska. and was about plants—as principal processes, from the Gulf of California bulk property the m.1'1 has a 9V2 a currently is in California plants ore, on Duwamish approximately $100,000 plaster Inc., board Oregon, Idaho, the to and Northwest only one of its kind within 80O have a production capacity of products for the building: will gypsum constructed access ore for Co. will with the Expansion- plant Pacific Construction is expected to begin this fall and be in operation by December of next year. to tea material. raw 424j Oil Concessions Co., Inc.—Stock Offered— Phillips & Co., New York, are offering "as a specu¬ an issue of 1,000,000 (par $1) at $2 per share. PROCEEDS—The the and a from the to long for construction buildings to and the sale working capital.—V. to 176, the and, if found The salaries net proceeds stock will funds will to be shares be used received from oil are and stock common the by time to time determine. may used of The cor¬ purposed exploration gas from company for such major in Peru commerciah in company will vehicles quantities, their exploitation and develop¬ for geological surveys, drilling and other operating supplies, as well as wages and and those of be directors the as which, such ment. pay engaged persons its in operations and management. ^ BUSINESS—The 1952. It intends company to engage petroleum concessions petroleum products business On • of Oct. first the 12, time, to organized was in exploration the in Peruvian Delaware oil for intends held oil or carry any thj on and the government Peru, of under the Petroleum Law 1952, opened the Sechura Desert region private exploration and exploitation who If to Aug. 11, under on lands on Government. found, the company selling them. are 1952, companies applied for and were granted of for the Peru, for oil. Amorg concessions were and its subsidiary, Cia. Sud-Americana de Petroleo, S. A., major oil companies./ company and several The the and company and to hectares, in from producing 28, March of oil working of purposes equipment, cost term sale porate exploit or present time Sechura These resources its subsidiary acquired concessions Zone that oil any 120,846.16 Coastal These of value $14,515,588 1,677,444 share per Seattle, the warrants. Prudential $1,500,000, Stock redemption at the option whole or in part, at $21.30 to to $1.38 trical fibre conduit and bituminized-fibre sewer pipe for the West Coast market during the latter part of this year. Sufficient floor space is- being provided in this plant to double the initial output if the 24,000 ($20 per share). 52,892 - 1952 asset 1953—3 Mos.—1952 - construction in 151,120 $1.92 ». completion $209,056 158,526 : ... share November, been June 15/52 N Construction nearing involved.—V. Federal Shares outstanding express 178, p. 298. excess for net . ' " of 2,115,218 Permanente through income on income Dividends June, in total Dec. 31,'51 $3,923,915 taxes In company lation" commissions, returns Federal a 1953 Peruvian —— before had that the taxes shrsi 177, , less discounts, 30 its'liquidat¬ Peoples Drug Stores, Inc.—Sales Up— • allowances June _ basis. $1.80 ___ June 14,'53 and scheduled on subject 2,411,945 $1.93 — stock change of Sales 2571. Gross sales, revenue July 20 offered only shares of 6% cumulative Company $4,343,440 through letter of notification with the SEC shares preferred stock, series A at of $3,512,731 1,066,934 its the Ohio . Earned —V. gypsum $3,795,664 share—'.. the control profit.: of 3,955 330. p. . $7,359,210 Dr245 Dec. 29,'52 be offered to employees at $11.88 per share in share in installment payments. The proceeds are working $8,182,399 3,077 440,625 at coverage this On Casting Co., Inc., long identified with the produc- '• specialties, has changed its name to Penn¬ Iron., Corp., according to its President, Charley ' ______ B. G. the previuos 1,022,829 9.87%; increase of 17.41% .—V. 23,760 period com. J reported company 10,000,000 72,528,092 with increase of an corporation on July 22 filed approximately $3,509,654 Dr342 outstanding 0f per 177, Net compared — 1953—12 Mos.—1952 $3,796,006 $2,728,730 $11,547,237. casting said before 100,000,000 24,970,918,23,003,629 _ 863. p. 687. important' changes assumed Num. $33,153,317 $30,362,839 — was asset $15,665,676 miles Co.—Earnings Higher— when record company more or flown 22.47',/ Total June, — 173, to Corp., 11,213,288 — outstanding.—v. equal . Pennsylvania Salt Manufacturing Co.—Earnings— operating and previously were equity capital.—V. 178, p. 243. of $4,449,132, were ascribing to the $6 preferred stock Period End. June 30— participating companies $2,288,105 end Earnings Products, Inc., N. Y.—Files With SEC— par it Orangeburg Manufacturing Co., Inc.—Earnings— all-tiine Speitel more owners 15,000,- $14,722,942 dividends!— shs. at • rev/- in shares), of clearance, Electric owning net a common p. Malleable in 12,328,.187 Balance de¬ in June,- 1952. categories ago—-were: miles, 429,215 and covering Mr. many one Pan American would, traffic via California. 13.2'/ flown miles in, other 930,973 Oakite largest $16,124,193 revenues- income—______ Provision year 1953, and miles, constructing, 1953—6 Mos.—1952 taxes the 176, Malleable gypsum Airways, the the California would American an routes increase of an marked ton Indiana-Kentucky of $20,000,000 deductions!/. Preferred American in developing Pan scheduled international passenger 'Increases and to requires that the ■ also revenues Airlines & income— Income by a permanently route all possible 88.822,400 was SEC assets operation, total a received net shares appreciation, had After P.1 Speltel.' the customer full stock malleable oi sylvania Kaiser Gross public interest mlies over the 78,463,526 passenger Carbon tiou —V. subsidiary, subscribe income—'—— mile on the California service. Orient flew in total 110,000 Sales capacity kw—the single a the Period End. June 30— proposal, has purpose revenues—— oper. Other Sets New All-Time High Record— Northwest by Corp.—Asset Pennsylvania Malleable Iron Co., Lancaster, Pa.—New & Gas and combined a 1,800,000 into units Securities Name— annually. financing July 28. on expenses Harris, ' R. Northwest be linked Pacific that because out interest, own Harold 1953, a per passenger its in Oper. permanent route between California and rather than to Northwest would jeopardize the has greater financial He for for entered Oklahoma Gas & Electric Service— Examiner velopment of the Pacific Northwest route has units, contracted ever Y. Civil Aeronautics Board hearing. a Assistant the hearing, Islands and already 200,000-kilowatt & at June 30, 1953, valuing the investments at estimated' (value and after provision for estimated pieference, The Morgan 8. between end the July 20 at on told at six Bankshares unrealized share.—V. per Pennsyl¬ Co. generating the electric utility industry. When stations are expected to provide AEC other, affiliated and 101%',/. bonds due high-speed, low-fare air the Hawaiian Islands offer to equipment before certificated air route operated by Northwest. He said that award of the route to Pan which of has power $420,000,000 authorized York New New Inc.—Plans pressurized Pacific President, disclosed who steam-electric 200,000-kilowatt AEC for power; Operating and two have Period End. June 30— Northwest Airlines, tourist five kw. will Valley.; and;; its organised for;the Corp. 243. p. station - at 4 '■>% trust Street, 2786. p. • 1953, 1, office the Wall 23 177, Redemption— Ry.—Partial has called company Co., Indiana Power $i3 7r> s,ij.7b value or on $317.35 per share. two preferred stock, of which 250,000 will be sold this fall.—V. Northern Penn electric ; generating stations, together with related facilities, to supply, the "electric; energy requirements of the Portsmouth Area Project of the Atomic Energy Commission. The cost of the facilities, including necessary .working capital, is estimated to range from a minimum of $370,000,000 to a maximum of $440,000,000. American Gas & Electric purposes. Harry H. Siert, Treasurer, announced, that the company will hold a stockholders' meeting soon to seek authorization for 750,000 shares of The Power Southern asset preicrred $6 Net announced .were Ohio West $12 91 —- on the Earns, Valley's % Ohio Commission, used for ex¬ be Co., and $ 444.448,145 June 3ot'53 Dec. 31/52 $64,570,092 $68,809,029 tax Tkxes kilowatthours The Preferred— The Co. net and Cheshire, (Ohio) was commenced in December is scheduled for completion in the latter part of 1956. plant two 000,000 Ohio Co., Edison $ 467,929,189 — 1197. quoted plants, contract the., history wus The on Corp. incorporation shall Northern Natural ; Norbute to company 2,200,000 single . the Edison Potomac 1953—6 Mos.—1952 $ 83,449,813 share per share per The (Indi) Madison Cheshire ' change of and year Ohio The The Toledo-Edison Madison,' last 1 243. p. Powers Co., Power. Co., Construction an during.their life, at $1 1953—Month—1952 92,027,045 assets value 177. p. their pension New Bank; Irving Trust Co., and Manufacturers Trust Co., York, and Mellon National Bank and Trust Co., Pittsburgh. Electric" Co., 150, p. of nongahela of 178, 2681. income the them. on Pennsylvania Industries, Inc.—Asset Value— Hanover of share , tl)e bank loans, each supplying Bank Co. additional be d./.nt _June 30- 1953' the 1, City the Cattle per - net $40.45 Life Outstanding stockholders exchange-'for in will Pennsylvania In¬ Mutual of & 1,150,000 cents Value— North¬ maturing Bank Land to 33 Penney Co.—June Sales Increased— p. asset -V. to Life Mutual Leon up at Pennroad Corp.—Total Assets Decline— Equitable The 177, ing $60,000,000 acting of, New by ' ■ , ,. FINANCING 5,000,000.shs. at proceeds _______ As of 15.' sponsoring electric utility companies or the parents of some The 15 companies" are: Appalachian Electric- Power Co., Cincinnati Gas & Electric Co., Columbus and Southern Ohio Elec¬ tric Co., The Dayton Power and Light Co., Indiana & Michigan Elec¬ tric, Co., Kentucky Utilities Co., Louisville Gas and Electric Co., Mo- Authorized „ — issued net lotal Commis¬ $42,000,000; $42,000,000; of for cents) $ Sales —V. arranged collateral trust and 5 Pecos one —— has "869,445 shs,.; PRESENT TO • , cents)_ of (par , e . July 30. This Atomic Portsmouth, stockholders to stock common privilege). (J. C.) Equity capital of $20,000,000. which makes up the balance of Ohio Valley's estimated maximum capital requirements, will be supplied assignment by that company of all of its assets. 100,000 shares will be reserved ;lor the exercise of war¬ addition, rants : ■ 10 shares 369,445 156, p. 2454. Co., Dallas, Tex.—Stock Offered— Pecos stock for each share of Leon stock.—V. 80,000 shs. $10,000,000. of The Life the of Insurance arranged York, vania "Includes - "L: : • . Common EFFECT Hudson River RR._To Be Acquired— above.—V. share lor each Leon share (with an oversub Rights will expire on Aug. 5. Beer & Co will act dealer-manager in Louisiana and Texas. The of on has used for drilling expenses. The company is also distributing to its stockholders, as a property dividend, 500,000 to 575,000 shares of Pecos stock (depending on conveision of outstanding preferred stock) on the basis of one-half share — plant near York New Life Co., was New (Del.) Inc. by Society Mutual sale 1967, Further details follow: GIVING its basis as annually 100,000 shs. $150' right to subscribe of scnption The CAPITALIZATION & RR. company is offering record July 20 the of in Outstanding 1961—___ Erie snares Authorized requirements $360,000,000 of Insurance Offering—Mention was made in our issue of July 20 of public offering of 500,000 shares of common stock (par 10 cents) by R. A. Keppler & Co., Inc., iat $1 per a 1953) company's Telephone & Telegraph Co. will also offer 1,004,603 common shares at $100 per holders in the ratio of one new share for each seven preferred shares held.—V. 178, p. 244. This telephone 30, operation—including the largest single issue of securities in the a diffusion $125,000,000; surance the share "as office April 150,000 shs. of formed funds. Moss due Electric atomic $10,000,000 American of the its or Pecos Exploration the TO stock Valley, western below. Co. central las to Paterson the major portion of the estimated maximum Life Corp.—Proposed New Name— North North EFFECT - financing is new The See 40 telephones approved company See 172, p. 2362. Valley Co., reports income from long-term shipbuilding contracts percentage-of-completion basis; such income for any period will therefore, vary from the billings on the contracts. Contract billings and estimated unbilled balances are subject to possible adjustments resulting from statutory and contractual provisions.—V. 177, p. 1840. - as surance 306,025.717 company Norbute 1928 bonds, due Jan. 1, 1982, to be delivered in installments until Jan. 1, 1957. Negotiated by The First Boston Corp., the sale was made to 29 incompanies, seven pension funds and two savings banks. The six largest participants in the loan are: Metropolitan Life Insurance unbilled — the on operates V the huge supply 2,034.516 5,318.661 3,214,502 contracts 7, Consolidated capital requirements of $440,000,000—all undertaken by private capital—of the Ohio Valley Electric Corp. $47,765,804 345,151.895 $77,486,926 $69,452,722 of period GIVING placement Ohio r__— balance of end "Ohio has a common community in Kentucky. one through year 299; V. p. amount the Estimated each l negotiated June 23,'52 2,632,461 906,804 2,565.323 Dec. on to history of the business—were announced —;—6 Mos. Ended June 23,'52 1,581,986 The share, cor¬ cum. direct & — ops.— reim¬ Commission. Ohio name Financing Ap¬ — $50,000,000 issue of 31-year debentures for sale to the public through competitive bidding in September. Early registry with. the> SEC is planned. < improve¬ lawful Commission Period End. June 30— Billings during the per.; Shipbdlg. contracts— $24,811,647 $24,788,936 $40,952,699 $37,035,540 Ship conv. & repairs 18.806,842 16,241,653 28.583,105 24.874,300 Other U. other PU financing plan. utility, 90% owned by American The proposed Large Bond Sale Arranged—Notes Sold to Banks—Details of a $420,000,000 Newport News Shipbuilding & Dry Dock Co.—Billings Hydraulic and owns $25,000 notes, Ohio S70.268.142 Increased— N in its for Telegraph Co. 000,000 During 1944 and 1945 the/company companies were combined into on oper¬ pfd. stk., series 9 (par $20) Common stock (no par valuei——3—— ! ; 29,'53 California additions and & 1953—6 Mos.—1952 $71,588,128 2681. June P. to property extension and Ohio changed serving 48,719 Cumulative preferred Increase— 1953—Month—1952 $12,878,329 $12,509,399 p. serial —V. 178, Period End. June 30— 177, 3% 30,030,675 4,750.629 case. 1944. Ohio and CAPITALIZATION each to be used of cost the above the by 3V2%/ 1st mtge. bonds, ser. B, due 4l/s%. 1st mtge. bonds, ser. C, due . Sales —V. 5,943,424 5,514.401 now in Pacific Telephone proved— ' . 24,096,000 5,744,050 in Nov. . 168.267,633 5,523.000 34,715,123 4,719.000 181,642,990 taxes.. after —V. 50,737,851 taxes.. income operating and 1, telephone Ohio communities . Operating revenues 54,878.317 Operating expenses—.., 37,032,155 dividends 1, thereafter including • company exchanges in Co.—Earnings— 1953—Month1—1$52.' $ ( $ including Nov. $20.80 and company for incorporated was ating company. funds mentioned as authorized as the for. the company provide BUSINESS—Company new accrued to received by the company will be ap¬ $173,900 principal amount of 5% debentures value thereof, and the remainder will be the to its. facilities purposes plus working capital of of. and 1955; thereafter par '•Clinton Telephone Co." Telephone Co." on Aug. 1904. p. the and to i, Nov. $20.60 proceeds retire treasury made thereafter including 1956; net at cash the heretofore 1,293,503 • $21.10 an 1, thereafter; follows; To as now to $20.50 PROCEEDS—The ■I 1953; thereafter including Nov. ft concessions Peru. of oil they acres, it are the There in present located find may in in in Sechure is no these three an to area district, assurance explore fcr of 48,905.77 a desert or proof region at tie subdivisions in the concessions. principal district. concessions and to entitle exploit such the company resources as to explore may be for found, petroleum if any, on 10 (390) the granted to it for a period of extended an additional 20 years. Sud-Americana de Petroleo, S.A., be Cia. the with objectives same bonds organized was of those as the parent of —V. 178, 20,000,000 shs. $lj (par to of sold share will stock commencing plus six carry June 1954 1, will PROCEEDS—The net of will sale the applied be by Bal. 9,461,000 and of 3,435,172 16,608,752 stock —V. 178, 14,031,016 $1.18 Petroleum 178, Net value asset 'Net 'After stock feet the gas cents per share NOTE—If a.sset value of as class in appreciation securities in 30, 168, Federal Federal for to income profits taxes r.. Co. —V. —— The Aug. that anticipated their for Thrift the new a be and of other goods plan is voluntary on or regular contributing member is and on to open The is any the the be 1%, equal amount an 50% to of 10% as but than less 12% of deduct to 2%, 3%, proceeds The employee deposits and Fund City held Bank of Fund Trust consist of by consolidated York) New hold and the which total funds, make assets, placed (The The Trust Fund for a the shall Fund and A in National investments all purchased. Investment be trustee corporate will securities investment two contributions will company independent an Investment Fund B. The trustee may invest funds of Investment Fund A only in obligation issued or fully guaranteed by the United States of America, and may invest funds of investment Fund B only in the com¬ mon stock of Phillips Petroleum Co. The trustee may invest interest, dividends the In other and securities income specified produced for such by each Investment Investment Investment Fund in months 60 of participant of his Fund B each once in to or the and participation may, interest A without If, after 60 months of participation the interest he of a transfer may other The trustee participant of all Investment his Fund in in that other appropriate stock Common Trustee later than of from may time the open company purchase the market closing Stock Exchange brokerage fees, p. 2681. $250 or less Fund to the on to time purchase at A the then or price elsewhere shall quotation the date of commissions be may reinvest or be for it as no such stock purchase other the or proceeds the on by the in the but sale New ' no York 1 ' . net The Shares 1952 $5,734,332 $5,231,148 $3,568,251 $1 898 922 409,236 367,780 271 444 167 272 $14.01 $14.62 $13 15 outstanding Net asset value per —V. p. 177, shr. 1950 til 7<; 3>ri.J5 237. 100; company has called for redemption on Sept 1 next all nf .^standing (a)at 'Ollateml trust 15-year sinkingatfund 4%'bonds 1, 1961 102'/2 and accrued interest the Sept. Trust "100 and trustee, trustee, 55 Broad Street, New York 15 5J/2% cumulative income debentures due accrued 140 interest Broadway, at New the Vork Guaranty 15, N. y. Trust n Y l" Jan Co • of Immediate and 1964 New has of stock with Co., five (par Securities York, above appointed cents) The Corp, has preferred acting appointed of cumula¬ into agent with agent class be on the for of There St. interest of interest. $ 779,729,857 77,249,169 73,474,427 company cents Six Net ac¬ before 1, each in 1958 April at 1956 1, 101; 102; at thereafter and will be for used a for to The 23 will Wall Ended before be made Street, at the New office York, of P. J. Y.—V. N. June 30— Morgan 174, & Co.. 639. p. This th» dM ?h? for at S value Mill bands Air to a expenses.—V. of Mercy guaranteed are United note loans States Bank issue of of has contracted Sisters Province of 174, with the 1301. p. Ohio—Notes Cincinnati, The by America, Sisters 1 offered pub¬ been is the of Cincinnati, of Union The Inc. trustee. authorized the Mercy of Province Minneapolis during Aged); of Sisters the of of Mercy the in Lady building short refinance to hospitals of Cincinnati, of Mercy Archdiocese High Mercy of at term bank Cincinnati, Urbana and Hospital, Hospital, Ohio!; Springfield, Our Suena, Ohio; Mother of Mercy of Lady (Home interest days' on Ohio; interest any notice written the to for Mercy Mercy Hospital, (Home for Aged); Hospital, Hamilton, Ohio; and Our of Lady Mercy Coldwater, Ohio. Any one or all of the notes of this issue may be prepaid thirty Hospital, Mercy Ohio Dayton, Ohio Mercy Urbana, and own Ohio, Springfield, Mercycrest, the Cincinnati operate the following of part Cincinnati, The Ohio; Ohio, Cincinnati; School, Cincinnati, Westwood, Mariemont, South Jersey Gas paying prior date to at par and maturity on Trustee. Co.—Earnings Increased— ; fixed charges and $5,877,441 6,365,845 5,322,470 taxes— $672,584 income of per $1.01 1842. California Edison Southern The 550,319 $1.23 share common 177, p. $554,971 • 547,468 shares common Earnings —V. $7,038,429 - including 1952 1953 revenues Co.—Registers With SEC July 27 filed a registration statement with the SEC covering $30,000,000 of first and refunding mortgage bonds, series E, due 1978, to be offered for public sale at competitive bidding. Net proceeds of the financing will be used in part, to retire approximately company $21,000,000 be of applied on bank the to for loans, company's construction purposes, the balance to construction program. Gross continuing property additions for the period 1953-54 are estimated at $144,134,000. and p. banking the interest groups rate about will Aug. be 25, invited on both the price announced.—V. 178, bid to the company 245. Southern California Water The company covering at Polian & Co.—Registers With SEC— filed a registration statement with the of convertible preferred stock (par $25) par through Harris, Hall & Co. (Inc.) and 29 shares around The Co. the finance to July on 60,000 offered be loans net proceeds are company's construction Southern to be used to retire bank program.—V. 176, p. 2066. the Products effective Division tax has 177, the p. basic rate.—V. adopted This per the stated 110,981 106,170 91,141 Surplus $21,382 1,105,189 on basis a into 2'/2 of a of each p. distinctive a trademark has been of products made Ended shares of special meeting to split the com¬ shares for one. The action new common of common stock with of shares $100 per of no share par were value a common outstanding $63,112 1953 General 1952 $13,050,825 $11,878,568 6,012,471 5,466,837 Amortization of plant acquisition adjustments- taxes Federal 1,125,600 86,400 1,056,000 86,400 999,556 income excess 959,738 2,233.550 taxes 1,949,994 163,975 $2,196,344 427,500 taxes 163,255 $2,429,273 profits 427,515 f long-term on of debt debt and expenses 1,643 3,704 $2,040,674 prem. 1,644 Cr40,544 disc., deductions on preferred stock. $1,763,482 412,296 412,296 $1,628,378 Dividends par Shares 939,790 v 55. 799,167 $1,351,186 685,000 $2.04 $1.97 stock share. value 30— Operating Other 2'/2 share June by Split Voted— p. ).—Earnings— Months 1474. Interest present $5,107,408 3,210,106 1,013,923 > 861,534820,267 $206,680 $0.58 176, 2682. recently voted at split, $5,691,974 365,238 3,518,471 $570,875 124,216 Higher- -1953—9 Mos.—1952 1953—Month—1952 $645,102 399,334 earnings Federal colors Line RR.—Stock conversion value Canada Power Co., Ltd.—Earnings Period End. June 30— Gross 12 annual represent stock common of $40 Prior having of 600,000 $o.65 reflect division.—V. par notification of , designed by C. P. Goss, Vice-President in charge of consists of three color bands in brass, bronze, and nickel for 178, p. 245. '349,587 600,000 to The stockholders pany s development letter a 1,116,288 392,169 insignia, without bank loan $300,000 a common stock to be offered at par underwriting. The proceeds will b« Dividends Manufacturing Co.—Division Patents Tradem'k These provides balance due ($875,000) on class B common stock of repay 1952 ; to Scovill the to Coldwater, Ohio. $5,329,232 share., adjusted sales, the of and Co., Wallace, Idaho—Files— of without 'Expenses 1,194^69 taxes identify its various products. authorized by the U. S. Patent Office. mill to pay filed 20 shares Taxes 1953 shares. company's silver. York, July on Sisters notes Smith, $7,213,323 taxes after per 1952 amount the proceeds of the sale of the. debentures additional $300,000 loan from The Mutual New share), National SEC Co.—Partial Redemption— ______ ' an 500,000 per pay the First hospital 1 been Months Eained like a $705,of the 1953. in of payment 7-story new Sanitarium, Monroe, La. sales of of d«" at case. bonds equipment called for redemption on Oct. 1, next, through sinking fund, $241,000 of first and refunding mort¬ bonds, series B, due Oct. 1, 1971, at 100'/2% and accrued Profit " • stock/estimated redemption sub¬ the for the Payment Number interest) licly $450,000 of 3%% and 4% serial coupon notes dated July 1, 1953 and due serially from July 1, 1956 through July 1, 1963, at 100 and accrued interest from July 1, No. Schick, Inc.—Earnings At Higher Rate— Profit ' convertible - used of Co. covering Net $ 11,326,846 April ' . stock purchase war¬ 49,767 (plus the of of Chicago, the balance being added to working capital.—V. (The) 1953—28 Wks.—1952 834,649,733 or these and Francis have 3y8% gage the to Electric Manufacturing Co. Investment before or accrued of the sale Silver Buckle Mining to operation had plus Insurance The latter. 116,324,409 on Saint Paul Union Depot , and $S36,511.65 option to purchase 500,000 shares an Expenses $ redeemed " J .. stock. A priced to yield from 3.50% to 4.35%, may , debentures. Amortization York paymem the accrued stock transfer as been shares conversion 1953—4 Wks.—1952 proceeds to $939,000 the warrants. for applied Memorial Aetna New been 121,742,265 11,599,818 construction addition be to Co. 1966 1, of proceeds of company Academy, the working capital. also the _______ Seaboard Manufacturers Co., 20-year net of June and 12 Months Ended June 30— and with The costs this (The) Pittston Co.—To Redeem Bonds and Debs.— The for notification common through Trust presently are bonds trademark 1953 assets B of cording to maturity. thereafter $2,468.35 net warrants, Life Francis and The 1951 of Our 2787. p. Scovill ' Pine Street Fund, Inc.—Asset Value Off— As of June 30— Total is sales 177, 1968 and Chicago 55. ' 1 1953.—V. 177, Hospital, Inc., Monroe, La.—Bonds Of¬ Ziegler & Co., West Bend, Wis., on July 28 offered $1,250,000 of 3V2% to 414% first mortgage serial bonds. They are dated July 1, 1953, and mature semi¬ annually from Oct. 1, 1954, to and including April 1, Net price sale, adjusted for charges V 177 or handling class share letter a June sales Saint market sold or select, may more such such and purchased & filed sell or fair $2.57 fered— B. C. a Fund. securities. the the on case, less is $747,410 $5.23 19, 1953 for 50,000 preferred stock, $1 par value. conversion Incorporated, any securities for or from Investment Fund price, hold the proceeds of any sale in cash in Fund Investment 178, —V. 50% or intervening withdrawal, Investment one 25% used be Bank After withdrawal, of to Canadian 75% or B. other Investment an 804,000 $1,518,182 ' _r_ $ only Fund. its discretion in transfer the 50% Fund intervening the to without interest 25%, Investment an Fund 32,839 ; of to per. End. July 11— Fund. extent of in direct year, Investment one the balance 25% 452,000 3,564,000 17 shares Chemical Bank Domestic at Investment 12,960,616 Safeway Stores, Inc.—July Sales Up¬ Each participant shall direct that his deposits and company contribu¬ made on his behalf be invested entirely in Investment Fund A, in July on effective convertible ( ■ A group of stockholders have agreed to waive their sub¬ rights to 67,187 shares of the additional stock, thus'enabling the purchasers of the debentures to retain a minimum of approximately Gross tions entirely 20,591,368 498,000 290,413 shares outstanding June 30, per are agent, respect deposits. after taxes will contribute a total of 60% of employee deposits, ana for any year when such net income is 12% or more of such assets, the copipany will contribute a total of 70% of employee deposits. All 1952 4% company Trust 1953 $26,212,019 $14,996,865 $2.50 Chemical The accumulated or employee company the at due consideration a are The 20,000 offered transfer any company approximately basis. when consolidated net income of the year much as profits and authorize will contribute monthly out of current company earnings For will earnings payroll classification a Corp.—Quarterly Report— income— corporation Bank employee monthly 470.50, Eurnham and debentures institutions covering ' , scription $8,437,478 Russell Reinforced Plastics Corp.—Files With SEC— p. 5% $9,037,547 40,469 Chemical or $1,461,961 amortization— on ' " 1953—6 Mos.—1952 income on Co. entire used Stores, Inc.—Sales Up— 1953—Month—1952 sold—. taxes 1953—26 Wks.—1952 $4,978,230 $27,726,566 $25,898,209 debentures. part of the building and equip¬ at Sharonville, Ohio.—V." 169, plant 1953—4 Wks.—1952 Offered—Keenan & Clarey, Inc., on July and —V. regular due notes ♦ July 27. on finance to $800,000 % $ 1060. $5,426,361 & for bentures 2133. p. to and its about company effect into put rants, 244. p. $500,000 reported $1,656,117 Each participating 178, $ 1,267,624,039 1,145,916,700 Co., Hartford, Conn.—Registers With SEC— ordinated found fields 2682. p. employee who is or becomes and conunues to be a the company's Retirement Income Plan (in effect since Jan. 1, 1938). his of issue was Net earnings—. 'Earnings per share—— 2,448,121 $0.98 of from said.—V. miles 60 and oil This $2,716,318 this of Plan will employees the richest 1953—5 Mos.—1952 $ , in lower search of oil SEC 177, 23 date and subscription price are to be supplied by amendment. underwriting is involved. ' According to the prospectus, the company in June, 1953, sold t« The will be used of Incorporated, Co, No a as July an 1965, it proceeds & 245. p. record Lake field the Edmonton the of one announcement on America Federal tive in of northeast Field, Rotary Electric Steel 2,943,000 Co.—Employees' Thrift Plan— 178, The company, on July 24, filed a registration statement with the SEC covering 201,563 shares of its $1 par common stock, to be offered for subscription by common stockholders on a one-for-one basis. The 5,659,318 1953. 1, the j —V. ' Participation Fork this of classifies being deepened in miles Rose's 5-10-25-Cent net is It 100 Period End. June 30— SEC Phillips Petroleum Morgan 2787. p. 1 surrounding the Paper Co.—Notes Sold Privately—The has sold privately to the Prudential Insurance cost The subsidiaries is test test stem Interest 2,448,121 $1.23 share——— P. 156, p. sales 177, Silex (10 299. p. well drill and 1232. p. 1952 $3,322,251 — outstanding-————_____ common per 178, — shares of well Raisin of ment 4,074,000 438,000 __ taxes™—— J. Y.—V. 1953—Ivionth—1952 above.—V. in reservation Lake on operating expenses. River 7,834,251 of N. 8, Period End. June 27— Retail —V. reserves Beverages, Inc., San Francisco, Calif.—Files— company $77,357,280 $78,655,192 taxes income Net Earnings Fork oil Erie RR. gas 25% interest in this The well is the first Redwater date, 'Calculated Number a a about the Depreciation 1953 office York Shoe Corp. of America (& Subs.)—Sales— July 21. Drill stem tests in¬ production capacity of 1,240,000 Cretaceous formation at a depth of 1,600 has successful corporation pay 2690. p. — excess its on its to reserve gas Six Months Ended June 30— _™ Reserve J , 24 filed a letter of notification with the SEC covering 300,000 shares of common stock to be offered at par ($1 per share), without underwriting. The proceeds are to be used and State income taxes, etc., the net 1953, would have been equivalent to ap¬ Quarter Ended June 30— Federal is of Reddy real¬ been had the 2682. p. Werthelm Lake The Cost before field new announced well although the Alberta Sales Income if L Th Philip Morris & Co., Ltd., Inc.—Net Up— Sales the and Fork share of class A stock and $20.80 per share of per stock.—V. B ); • Federal for June proximately $31.87 natural a from the has tract. acre area Sales unrealized the allowing after at New Sharon Ry.—To Be Acquired— (Canada)—Discovers New Field— was day, per northeast class A the on 177, See formations. during the period. ized, it first company acreage $36.45 $34.68 $28.20 1— dividends of 50 of Ltd. has Canada, that 99,000 Dec. 31.*52 $34.32 — class B share-- per payment share——; A ■: ■ ■ Oil company This 99,800 shs. 1,099,600 shs. June 30,'53 class per value asset ' 244. p. added the discovery of a Outstanding 1 by the ICC. 287,593,029 262,040,206 —V. feet. Trading Corp.—-Asset Value Lower— & made Street, $0.70 March 1, As of— approved was Redemption— Sales 13,881,016 $0.25 cubic 244. p. be and 100,000 shs. 2,500,000 shs. cents) 10 (par cents)- 50 (par stock the company's treasury. approved by the board of directors several weeka was recently Sears, Roebuck & Co.—June Sales Higher— 9,723,453 13,881,016 $0.57 com. EFFECT TO PRESENT FINANCING Authorized Preferred 1,576,476 8,103,849 to Common 788,238 through on GIVING CAPITALIZATION 788,238 14,031,016 dicate offices .are ores split more Per. End. June 30— 11,299,930 1,576,477 18,185,228 stock its pegmatite 4,223,410 Alberta, these claims, primarily the separation of the minerals, the grinding of mica and the concentration of columbitetantalite, beryl, monazite, etc. tons 8,892,087 dividends Rainbow located at 3000 Cprrillos Road, Santa Fe, principal place of business is located at the mill site near la Petaca, Rio Arriba County, N .M. St. Michael's College Foundation, Inc. (a non-profit educational, religious and charitable corporationi, caused the company- to be organized and to issue 900,000 shares of its common stock in exchange for 22 mining claims and a site for the separation mill located in Petaca region of Rio Arriba County, N. M. The claims were assigned by, and the company's stock issued to Petaca Minerals Corp. of New Mexico, substantially all of whose stock is owned by the Foundation. The immediate activity of the company will be to develop the prop¬ erties and install a mill designed to procss daily an estimated 100 principal will Wall 133,471,084 371,876,934 282,500,895 4,272,000 20,624,000 12,037,000 184,325,542 taxes— — from The BUSINESS—Corporation was incorporated in Delaware, May 29, 1953. M., in the company's number of shares of $40 par value the hands of the public will be 2,349,475 the in The the for the purchase of milling and concentrating equipment, including the requisite mining equipment, and to an addition to working capital and will, in general, be utilized further to explore, and to exploit by further workings, the company's mining claims, and to expand the capacity of, the initial mill. N. split, company has called for redemption on Sept. 1, next, $785,000 25-year 37/b% sinking fund debentures due Sept. 1, 1977, through operation of the sinking fund, at 100% and accrued interest. Payment $ $ $ shares outstdg. company Its profit Common —V. proceeds stock and Partial 141,966,494 410,686,162 305,837,825 Earnings per com. share dividends. accrued „ the outstanding 100,000 shares held in The 1953—6 Mos.—1952 1953—3 Mos.—1952 costs income Preferred per annum cumulative be callable at $1.10 per cents and with ago public, exclusive of 40,000 shares held Alter $ Net (par 10 cents) in units of one preferred and two common shares at $3 per unit "as a speculation." preferred the stock common other and operating stock The Co., of 'treasury. bonds these 299. of upon sold 202,678,629 services & Federal publicly 99,800 shares of 6-cent cumulative pre¬ ferred stock (par 50 cents) and 199,600 shares of com¬ dividends presentation trustee.—V. 178, p. price Trust fered mon hands these product & serv¬ ices July 29 of¬ on of presentation upon $ Corp., Santa Fe, N. M.—Stock Offered Corp., New York, redemption Manufacturers Products Securities —McGrath made Monday, August 3, 1953 of Cost Petaca Mining full Period End. June 30— 299. p. the 100% the of be will time. called for redemption on Sept. 1, next, trust 15-year sinking fund 4% bonds due Sept. and accrued interest. Immediate payment will be any also Radio Corp. of America (& Domestic Subs.)—Earnings Outstanding 3,300,000 shs. Authorized, stock at EFFECT TO PRESENT FINANCING GIVING CAPITALIZATION Common of 1961, at has collateral 1, made consisting price debentures company $425,000 It company. 10,000,000 gold soles (Peruvian currency! 10,000 shares of a par value of 1,000 gold soles each. capitalized at was 1, Aug. on redemption and The the Laws of Peru, for the same purpose and pursuant to under 1952, and full the The concessions 40 years. acreage may The Commercial and Financial Chronicle... v stock in the outstanding Earnings per —V. 177, p. share 2683. end of period Volume 178 Number 5243 The Commercial and Financial Chronicle ... (391) Southern New England Telephone Co.—Earnings— Period End. May 31— Operating Operating Federal Other 1953—Month—1952 $6,007,615 revenues taxes___ operating 622,490 3,225,803 318,552 281,940 1,438,114 1,357,313 $783,243 $763,031 $3,966,129 649,486 635,772 3,310,425 3,119,547 July, agreement, Since 177, 3,057,971 April 2788. p. Southwest Natural Gas Co. 1953 revenues Common Net for inc. 1,951,237 The $2,841,550 $978,177 $890,313 26,080 25,949 $1,004,257 $916,262 168,860 prov. 2__: taxes Prov.: for other Fed. 173,147 deductions—. and State inc. Net income— taxes 28,050 — :— __ $807,343 $724,935 Spectrum Arts, Inc., N. Y.—Files With SEC— corporation July on filed 22 letter a of notification with the BEG covering 300 shares of preferred stock to be offered at par <$100 per share), without underwriting. The proceeds are to be used to pay for acquisition and production of screen plays. Spiegel, Inc.—June Sales Increased— Period End. June 30— 1953—Month—1952 sales 1953—6 Mos.—1952 $10,224,805 $10,042,343 $59,794,473 $61,066,633 177, negotiations GIVING (par have EFFECT cents) 40 license has CAPITALIZATION other on TO will enable has and it filed 4,400 proposed $1,981,900.—V. horsepower additional transport with Outstanding 300,918.6 shs. the Federal approximately of natural Power 17 station compressor quantities estimated is program miles in Texas into gas to cost and Sub¬ in 2% shares held. Peoples Gas Light $ Coke,Co., already of about the ratio of two-thirds one of share new the for each stock common proceeds remainder used were will be used to to part pay the of $ Net sales inc. Net income Preferred 97,146,222 204,357,822 192,734,048 4,213,075 11,269,733 9,177,796 2,808,000 1,916,600 6,127,000 4,642,670 June 2,365,233 . dividends-- Common dividendsi 30, share per based and 1953 4,535,126 385,000 385,000 1,269,811 2,545,061 of bank of cost loans, the and $1.49 $0.67 stock common 3,187,427 Operating Operating and Ry. and respectively.—V. (after shares 3,174,527 173, p. $1.31 allowance for tax Co. plan Gas will of £>rt 357,153 183.458 2,244,223 1,531,967 Jt. facil. rentals (net Dr) 17,570 25,040 121,296 152,246 rentals Net ry. Other outstanding 1993. to shares of of of Duquesne Light Co. its common Duquesne Duquesne stock for in stock on share each of partial the basis Standard Philadelphia also proposes to issue and sell its promissory bank loan note in the amount "of $3,000,000 of paying and discharging (together with treasury outstanding bank loan notes amounting to $3,500,000. The SEC has issued an order giving interested persons until Aug. 12, 1953, to request a hearing thereon.—V. 178, p. 151. Co. (New Jersey) (& Subs.)—Earnings 6 Months Ended June 30— Net earnings Earnings —V. 177, The 1952 $4.31 Starrctt Co.—Offering offering of 5,900 by Estabrook & 178, p. 300. secondary on July completed.—V. $4.37 Completed— shares of Co. $44.25 at stock (no par), share, common per has been The company covering July on $200,000 It C-47's.—V. 178, of fee 1963. of Each stock. used to of $100 will There purchase debentures be no machinery will be convertible underwriting. The and equipment. Fidelity COMPARATIVE and income Cost tion and on taxes excess Net '12,874,908 1,538,542 34,673,221 '25,744,662 5,764.583 < • . Net 1953—Month—1952 sales —V. $1,365,609 late 178, $5,537,580 77,752,425 68,836,680 26,783,480 23,059,977 52,478,580 46,440,458 $0.93 $0.80 $1.82 $1.61 share 246. new Operating Base building—nerve center for a 13,250-mile sys¬ airways—has just been occupied by this corporation at Denver, formal dedication on July 16. of Colo., following its The new two-story structure will house administrative space, tions and Transportation Construction of the 284,000 was and a Under 90,000 the one to are $5,798,935 Sun Valley Mining Corp., Jerome, Idaho—Stock Of¬ fered—Miller Securities Corp., New York City, is offer¬ PROCEEDS—It stock (par 10 cents) at a $1,324,257 $6,860,676 $6,111,773 United Cigar-Whelen 10,987 50,779 52,227 Six Months Ended June 30— 264,773 271,165 1,601,630 1,619,042 $816,197 $1,042,105 Telegraph & Buckingham R. Hurley, Buckingham Thor for since has who has since Thor 1935. laundry $5,208,267 $4,440,504 Stores Corp.—Earnings— 1953 Sales Co. Securities — Profit after provision provision income for for income taxes decline in sales 776,732 for chiefly been died elected by June international an appliances.—V. 177, the plant manufacturer of the of for lead. zinc, commenced time.—V. gold, before 178, explore silver. and Initial has and 1900, immediately been the Red Elephant Mine production in this mine was worked periodically since that Period Ended June 30, 1953— Oper. profit deprec. & of inc. Net -V. miscel. & selling Corp. Debentures — Sold sales. period 2, 1952, Co., Milwaukee, Wis., it announced on debentures subordinated are The corporation to all other borrowed full is rate the same other extension of in for tax followed excess the for the the to first the in the quarter June first quarter of the will tax continue of $187 months of working from funds. has also entered into agreements, sale the capital.—V. 177, the of above securities will be ne¬ used for Electric (Toho Denryoku Kabushiki Production 1953 company has called for redemption on Sept. 15, 1953, $213,500 first mortgage (Kansai division) sinking fund 7% gold bonds, its of series A, due March accrued Co. interest. New of 15, York, (extended 1955 Payment will March to be made New Broadway, 140 of averaged Torgeson Oils, Inc. The York, 15, 1965) 100% at the at Guaranty Trust Y.—V. 177, p. 239. N. stock mon the and 6 Months engaged contemplated in engage $895,767 $1,728,966 __ 611,000 1,186,500 the oil and is $3 poration Co., 160 stock these Of purchase Broadway, shares 99,906.2 share. are of 55,506.2 at the York 38, New N. Y. are purchaseable offered "as a without speculation." stock common shares, warrants shares 44,400 curities of offering per United until States March warrants. There is no 1951. N. It carries now incorporated was on its business from in New 185 (par issuable are Cor¬ 1955, 3, These se¬ underwriting. PROCEEDS—The proceeds will be used for operating for licensing activities and improving patent position. BUSINESS—Company capital and its The The corporation printed name opment of and the for such The and on York 3, Tarrytown, May on Valley St., was originally organized under the name of TechCircuits Inc. but that name was changed to its Feb. corporation's printed licensing 23, If and is license an oil business circuits for of is that use others1 to in of the manufacture electric and manufacture and electronic printed devel¬ apparatus circuit products principal exclusive and asset, license sub-license and for others the the to crux United the corporation's States manufacture of manufacture printed granted by Technograph Printed Circuits, Ltd. of England. circuits in and also the in , castings funds capital interests, mineral and and leases gas stock in other exploring for oil purchase the of directly will company small and royalties gas interests and (ai producing 80 lease a optioned to oil acre 1,600 of the The the Cities A. benefit the him); (o Weston 100% adjacent to for number a this If could with any one-half Pittsburgh-Youngstown during for of for projects additions the to second be to and quarter completed replacements of 1953. required in and gas Washakie in Service lease Co. Oil of overriding in and in ito is any lease new 320 a has and been renew negotiated State acre or company's the of 80 in for by some time at the 2% state in Laramie Couhty, development, this acre¬ present is time; County, not further a an undivided They Neb., leases. overriding royalty at the present time; (f) a 30% undivided interest in a 600 acre State of Wyoming Natrona County lease. (The company is negotiating for a larger interest in this lease and if successful, it is believed that it can be leased for develpoment>; and (g) a 50% Interest in an option for the (19 Is on or of acquisition proposed becomes part before of Oct. a lease exercise to a a 1, 1953. 955 on this drilling block April. facilities 30. were 1953, expenditure totaled author¬ of 30, current 1953, after 2nd with the deducting compared Employment parison of assets the with statistics the corporation $406 at June quarter of employees 1952 In acres option on which only a In well Weld the is *292,085 •$291,994,313 OF 1953—3 Mos.—1952 INCOME 1953—6 Mos.—1952 $ $ $ and sold— Products 992.231,313 596.779,920 1,920.157,222 1,460,948.192 costs- Employm't 391.234,649 291,994,313 772,215,742 638,105,116 352,044,124 271,307,149 701,636,402 602,231,392 56,810,596 38,473,434 115,686,541 84,112,721 and services bought and fac. other and long- on term ex- of haust'n debt local mis. 1952 304.082 by steel strike, services State, were com¬ $391,234,649 $ Int. a follow: ; Employment costs Wear declarations, 1953 number of •Affected subsidiaries dividend current Quarter— Average Fst its $316,205,293 at June 30, 1952. the second quarter of 1953 and for second and 532,054 Feci 450.031 1.045,639 900,739 24,969,084 15,336,071 37,556,134 26,845.090 111,000.000 Cr43,000.000 187,000.000 43,000.000 55,640,806 22,218,922 105.016,764 65,753.134 and taxes taxes income—— Net income Pfd. dividends 6,304,919 6.304,919 12.609,838 12,609,838 Com. dividends-. 19.582,317 19,582.317 39,164,634 39,164,634 surplus— 29,753,570 '3,668,314 53,242,292 13,978.6,62 Bal., Earns, per com. share $1.89 — •Deficit.—V. 178, p. $0.61 $3.54 $2.04 152. ' ■ Universal Finance Corp., Los Angeles, Calif.—Files— The SEC corporation covering offered are to at be used <$25 for Ju!;r on 12,000 p»r shares per 27 filed a letter of notification with the of 6% cumulative P'-pfprred ctork to share 1, without underwriting. working capital.—V. 176, p. The proceeds 1064. burdened (e) lease The Kimball acre to acquired acres for asset. recently a 2,415 interesting royalty subject June of first the Wyoming It has never been company leases. there is no reservation of royalty); interest desirable two for reserve major prove a to lease and At quarter in district working development commence and approximately should interest in undivided of result unassigned interest of development to agreed (This Lease. consisting Wyo. has interest one-fourth a fails Co. royalty same a Oil Torgeson County leased lease Service C. 102.1% contributing to reduced operations million on 35% acres Cities company Wyo. undivided an overriding and therein. Building,, Cheyenne, has (b) Wyo; been has in Wyoming on Jan. 7, 1949 business of acquiring and selling the Majestic a second with major factor $98 costs oil company to County, Wyo. in leases gas the the in compared Expenditures a Products the gas oil business that organized interests, and in and Weston option, are 1952. use. corporation's business and capacity, strikes cotn^ Bartlesville, Okla., until Jan. 22, 1954. (An assignment for a a/4% royalty or 96 royalty acres in this lease is owned by the company. age nograph miner offices County, (d) Y. present to added oil the in was engaging of gas PROPERTIES—The company exercise *nd ingots of Per. End. June 30— 39.000 shares of drilling operations. any purpose royalties has in upon not $542,466 . at is be royalties, may It gas. for i__ Technigraph Printed Electronics Inc., Tarrytown, N. Y. cents) company BUSINESS—Corporation -—Stock Offered— The The will acquire to overriding and companies 47. p. therein. proceeds used royalties and exps., taxes estimated taxes net and company gas speculation" a ($1 per share), without underwriting. par PROCEEDS—The of "as producing $284,767 profits at (Wyo.)—Stock Offered— is offering corporation interest 40 steel 98.1% Railroad quarter. $302,858,421, Kaisha)—Partial Redemption— The the taxes million. Co. Power Federal approximately million of excess profits taxes. These excess profits taxes are per share of common stock. Shipments of steel products in the second quarter of 1953 amounted to 6,337,604 net tons. Shipments for the first six months of the year totaled 12.946,203 net tons, which represents an all-time record for any such period. c ized 985. p. for rate the basis recent equivalent to $1.45 by Brew Emch Jenkins Co., for the sale pri¬ vately of $3,000,000 4V2% notes due serially May 1, 1958, to May 1, 1965, and $1,300,000 4%% subordinated notes due serially June 1, 1955, to June 1, 1963. I proceeds The $38 gotiated The full for includes at This 1953. this million 1953 include 1953 30. a 1952, began quarter expired or of which of the of return a months strike steel results or $65,753,134, six which provision six of first second the law profits The year. the income for by stoppages. work $105,016,764, as with affected applicable that the of income reported reporated income on taxes as is compares materially provided remainder on Corp.—Quarterly Earnings— 1953 sales, and taxes of This on was profits excess Steel months 4.5% Federal Finance for prov. general & franchise State exc. income 177, 3 Months after income all plant, for prov. Fed. & a earnings of this corporation for the second quarter F. Fairless, Chairman, announced that the income $55,640,306, or a return of 5.6% on sales. Income for on of which was interest Symington-Gould Corp.—Quarterly Earnings— of purchased the six 5.5% return 2502. p. States to first of kitchen through Brew Emch oil 245. p. closing company Benjamin 1953, the opera¬ company major the thereby amounted 21. been Vice-President in charge of and has been associated with 1948 is succeed 1953, year United to 30, CONSOLIDATED STATEMENT to the i 5,640 shares of its convertible preferred stock for $418,reducing dividend requirements by approxlmaetly $20,000 and increasing the common stock equity by approximately $145,000.—V. 177, p. 1843. 597, per 1949. proposes 531,913 additional an Reporting President as consin at 102% and accrued interest BUSINESS—Corporation holds approximately 60 claims in the Min¬ Hill District, Blaine County, Idaho, comprising in all 17 mines. company 620,913 414,732 taxes accounted is of unprofitable units. During the six months ended June Sold Publicly— Notes Placed Privately—The corporation recently pub¬ licly offered and sold an issue of $600,000 of series A 5% capital debentures to bona-fide residents of Wis¬ eral The 1952 $30,998,249 $33,648,873 before June Thorp and is proposed to use a portion of the proceeds of the financing to purchase a 150 ton mill built on the company's property in floor 246. p. Net common of bond 56. C. Toho ing 299,000 shares of $1 per share. feet square company's Flight Opera¬ divisions. Operating Base building at a cost of $!,grant from the Civil Aeronautics Adminis¬ issue approved by Denver voters in 1948. United will pay annual rent of $90,000.—V. 178, by revenue 30-year lease, a has offices of new financed tration which Services 617,793 151. p. > 31,183,160 $1,093,167 12,197 Telephone John Mr. 1953—4 Mos.—1952 $1,677,214 2,707,-292 - 38,843.875 per p. $ 2,887,500 income 178, 1953—6 Mos.—1952 $ profits (est.) —V. ACCOUNT ' 17,644,158 depletion promissory notes & the York, New 225,646,818 537.496,924 460,142.614 186,450,956 156,990,231 366,828,115 316,413,522 of Income and Maginnes of Co. 272,609,969 goods sold, etc. Depreciation, amortiza¬ Int. this corporation. Newhall, Casualty INCOME $ Total Thor Corp.—New President Elected— Henry the Sterchi Bros. Stores, Inc.—Sales Off— Period End. June 30— . two 246. companies including 1953—3 Mos.—1952 $5,493,980 Privately—The company has placed privately, through Moroney, Beissner & Co., $600,000 of 20-year first mort¬ gage bonds and $250,000 of 10-year sinking fund debs. due into proceeds Eritrea- fleet of a p. director of a several .. July 30, share and Asmara, Nairobi, has number These filed a letter of notification with 10-year 6% convertible debentures 21 of Ethiopia Sudan. Co. 567,051 July 28. Stemac, Inc., Denver, Colo.—Files With SEC— SEC Ry. the $6,293,625 Jenkins 23 Co., 112,389 income Texas and 2134. p. (L. S.) made 1953 five director a $1,211,868 $261,000,000 $265,000,000 — share.. per also is 100,228 income 178, p. tions Oil within Port Carbon Corp.—New Director— & Period End. June 30— The its Standard and $992,939 charges Net —V. purpose funds) He Virginian Profit Standard and stockholders, common income oper. income. Total ot corporate structure) pursuant to distribution to Standard Gas of 560.- a stock (net Miscellaneous deductions stock. 3V*% the make distribute share common one-year for will common 540,651.75 one-fourth Gas simplification the thereafter liquidation, of for Philadelphia shares 28,273,131 5,156,624 Equip, and pre¬ company has tiled further amendments to its plan for liquida¬ and dissolution (including related amendements/to the Philadel¬ 048 $40,607,948 5,536,027 The which accruals 1953—6 Mos.—1952 $6,595,450 $44,103,727 4,707,985 20,908,556 467,099 Standard Gas & Electric Co.—Files Amendments— phia 4,980,975 TWA United Air Lines, Inc.—New Operating Base Bldg.— 724,426 Fixed tion $7,073,068 Internally Jr., has been elected Union Gas the tem 1953—Month—1952 revenues expenses Con¬ that company's Pacific Ry.—Earnings— Period End. June 30— 2,539,622 $0.68 of on 1952, 5,142,733 1^2,500 * 1,274,570 shared com. 2,296.475 192,500 dividends per income ferred $ 5,173,233 taxes_ Fed. & Canad'n inc. taxes •Net $ 99,134,703 Profit before •Earns, $ York. Earnings $8,750,000 repay Ethiopian announced partner in the law firm of Kelley, Drye, a New A Texas & three John Wilson Drye, $43,000,000 expansion program.—V. 178, p. 152. 1963—6 Mos.—1952 240's, 27 between Addis Ababa, DC-3's (Including Subsidiaries Operating in the United States and Canada) 1953—3 Mos.—1952 operates Convair out¬ standing prior to the offering, purchased the 135,246 un¬ subscribed shares at the same price, and increased its holdings in Texas Illinois stock to 70.56%. No under¬ writing was involved. net has Air Lines offers international service Brooklyn Co.—Stock July on contract to continue operation of Ethiop¬ wholly owned by the Imperial Ethiopian Gov¬ been operated by TWA since it was organized in Khartoum about all stockholders the Standard Brands Inc.—Quarterly Earnings— Pipeline Inc.—Renews Chairman, Cairo, Jeddah, Aden, scriptions—Of the 956,250 shares of common stock re¬ cently offered to common stockholders at $17.25 per share, a total of 821,004 shares were subscribed for by owner Airlines, Pierson, and Ethiopian He is Gas Outstanding 80,000 shs., its 2135. Natural FINANCING 500,000 shs. has signed a new three-year ian Air Lines, which is of Illinois Lee Union Carbide construction p. World Warren system. new 177, PRESENT TO $1) 178, p. 152. 1946. construct to (par tract— Corp.—Plans Expansion application an authority new a to transmission The Period End. June 30— stock license FINANCING 450,000 shs. EFFECT Authorized Common Trans PRESENT GIVING been It —V. continued .___ Transmission requesting pipeline to main 2683. p. first that 18,180 177, p. 2134. The its revenue believes such agreement has been concluded. one corporation Texas —V. 1953, Eastern Commission The Net earnings before provision for inc. taxes__ Interest and the ernment u' Net 30, stock Texas 2,371,236 taxes operating inc. before income. small, 178, p. 152. of Other into entered is corporation Authorized 1952 $3,349,413 general and expenses the (& Subs.)—Earnings— 12 Months Ended June 30— Operating Operating has therefrom and report substantially greater revenue. agreements and —V. —V. to CAPITALIZATION operating income Net after charges corporation income increasing able be soon the 1952, while progressively $3,701,196 taxes Net —V. $5,580,016 $29,388,038 $27,255,723 3,912,555 20,757,992 19,139,243 4,275,005 630,815 expenses income Since 1953—5 Mos.—1952 11 to County, event be Colo. that it commenced Utah Ry.—Earnings— 1953 1952 1951 1950 railway $70,817 $61,782 $60,762 $97,521 railway— •22,386 •53,356 •38,189 •22.573 •14,919 •44,097 •31,629 May— Gross from Net from Net ry. Gross income— oper. From *20,846 • Jan. 1— from Net from Net ry. 444,323 income—, •Deficit.—V. 177, p. 2393. 668,711 403.640 493,287 •83,765 railway railway- oper. * •78.109 •189,686 *113,533 •73,411 •96,010 •195,172 ♦136,484 12 The Commercial and (392) 177, departments,—V, leased 'Excluding S439.908 $477,991 Net Ry.—Earnings— Wet ry. 1,154.444 712,892 income— oper. •wet i77, —V. income 2398. oper. ry. p. 20,390.637 7.830,314 18,500,059 7,891,404 3,654,308 Earns, 11,853.3.13 4,174,999 3,918.094 2,934,737 "After corporation, of'this director Ohio, and formerly a partner of G. H. Walker & Co., New York. Dayton, ( Period End. June 30— ■Sales— -V. invest¬ 177, par All of interest has share, connection taxes on profit with Framings --V. share per 1,559,905 $272,591 $0.20 $779,747 $0.57 — - ——-—-— — — —V. 177, p. profits — - income Federal Estimated ing taxes $46,589,413 2,223,714 "1,844,860 ,— income on mo The sale Common shares per 1,138,000 '976,000 $868,860 768,616 768,171 $1.19 outstanding $0.90 . share—-— common I ACQUISITION—On April 25, 1953, the C—V. 177, for as without underwriting. p. to This all The proceeds it disclosed The price Co., through Sullivan the & same July ment In of & velopers all of to store Inc. of site a Webb in in & the office and Corp. in For also to redeemable fund, the series the Completion ; V in of of period from amounted will 1953 bonds ^ ' . the Denver, said plans and also Corp., July on of each long-term leases which the for date for forming the Mile office new High tower, Center, is of one a scheduled of group for four July, 1954. the substantial Atlanta. side We the of raDged We che are a Webb & Building vast (, housing. affiliate—we there that is in 30, and in do of its. is percent Net are Trust L954. majority stockholders the of the of in Denver. million of dollars Field, it—we Net have completed. Eastern Graybar Office Building and Co. of net property Commitments thereof agreed the - for con¬ 31, Dec. at -t/tthough of course out in We Uiat. we preparation, but they being are restudied and worked detail. have in hand 177, . to be for the financing. I will correct 600,000 300. from Net ry, *> -s been made C rectors' iTiould and is meeting, think that the financing hand. in It is satisfactory. and should we should we close rsuant TP ties c 1 hold '.out contracts and clear of debt another t ting. $15,000,000 178, p. 246. V. Webster is to be have it in It that deal, now Total < Let or Investment and more Co., encumbrance, without any Inc.—Asset the ! outstanding value per end of at next the next week. something I un¬ 2,946,252 I should think, of debt. It is a varied 13,771,262 the New Net —V. Net from Net ry. —V, $7,335,992 $6,243,255 990,052 698,525 4,229,421 3,614,847 Ry. of Alabama—Earnings— The 1951 $396,089 $328,977 51,202 74,097 91,422 49,880 23,729 40,067 33,483 to the 1,942,559 ' 424,088 income-— 197,489 1,983,350 450,473 were the 180,600 , 171,500 272,587 : 96,338 / Union Telegraph in Corp. of Apple-Cole Co. It July on the Co.—Sale Providence, of that 28 American Chicago, I. only realized concluded Telegraph Brokers in the Co. the sale (N. J.) 111. the sale will be used to retire and to finance remaining bank loan, of $2,400,000 these Western new Western the Union's nationwide report a to installation Union of equipment Services.—V. 178, to the meet demand Value— $5,638,008 369,948 $15.30 at York short-term debt New York be offered that owed in debentures publicly "market private 178, and to are 515.24 market quotations. Debentures— the Mellon a National No Bank & Trust Co. subsidiaryi The balance new conditions to run for the existing underwriting Whiting, Stock Exchange.—V. 177, p. 2136. Com. 25 years report at the arrangements the "Earn, * per 45,579 $110,391 $0.75 be Natural and of for of the Co.—V. to of $1,000,000 dividend used Gas sell shares additional stock a to are issue to 50,000 another of purpose 178, 56." p. above —V. 176, 2318. p. ' " ' " ' " - " ' . and President, authorized rolled at strip the mill, estimated an start quarter the cost tons of of the and have cold strip. has from been to to be hot be located rolled completed annual Engineers & of the of a in the Alan Wood At a rolled Steel operation work in now company's the is capacity., of Constructors, construc¬ standby a represents plant nearing improvement and completion These units new are mill rebuilding is and scheduled ture latter of facilities, additional an when completed, $6,500,000 by the on expected moderniza¬ for completion mid-1954. These credit banks. another auxiliary finishing equip¬ with the 011 plate the future. near underway 84-inch at strip in Philadelphia mill Company's work present of group strip continuous strip pickler 35-inch blooming mill. a new placed of cold new although sources, with and . estimated United internal arranged 30 four- $6,000,000. expected initial an rolled mill new July new - will of addition.' tion is on a buildings necessary Philadelphia, will be in charge oL,construction. > Whiting added that the company expects to finance of be and 1955. mill new of of promptly program! in announced installation with will"represent" the this company.-—V. 177, expendi¬ 1843.1 p. (F. W.) Wooiworth Period End. June 30— o Co.—June Sales Up— 1953—Month—1952 $ , —V§ 177~~p"2~68~4- will (Wm.) • ■ 1952 $ s 53'599'797 51'423-279 306,675,854 306,116.018 Wrigley income Jr. inc. Co. (& Wholly-Owned 1953—3 Mos—1952 Subs.)— 1953—6 Mos —1952 J' $20,915,957 — before $19,884,473 $40,202,489 taxes 5,714,360 5,044,620 2.361.160 2,202,396 4,638.133 profits taxes 298,000 Foreign income taxes— 593,598 $2,461,602 $38 339 590 10.884 813 taxes.:.— income Fed. excess Net , 9 they will But'"it adds says. time" may Net been made. Net - result have & Co., it Corp. (& income 195000 417,811 919!386 598 205 $2,424,333 !' $4,927,294 $2,461,602 $2,424,333 $5,833,185 $1.23 $2.96 $; $479,118 $277,064 $786,714 $470, . spe- was Subs.)—Earnings— 1953—12 Mos.—1952 $319,431 +$109.903 163,347 Cr55,776 940,123 „ $868,246 $437,204 $507,467 ! earnings sh per of earns included fgn. above — of Chicago. 698,440 698,440 698,440 698,440 share— S0.17 Nil $1.03 on Fork Gross Corp. income from Inc. (& 1,968.484 p. 2574. the National Boulev shares outstanding —V 1 Subs.)—Earnings Increased— 1953—9 Mos.—1952 accrued per ' ■ 4.903,249 earnings tEarns. ■ $59,186,054 taxes__ inc. taxes .1 . sales. before Orders (est.)_ June .2.883.449 share- 1.971.865 -30 and of not $137 $2 69 45,652,593 85,52r439 60 487 —/_•_—31,145,976 19,452 included which providing common 257' $1 935 $1.81 1 in distributors maintenance tAfter 243' 3 $2,972 425 — are 5 3 196059 $1,588,424 $56 481 66,820,190 com. from . . $2,019,800 booked hand ■ 1953—12 Mos —19 ' $44,675,676 $73,663,056 3,560,289 6 168 484 "Uncompleted orders, on $4,560! * Period End. June 30— $0.40 177, $4 560 ' 905,891 sale of investment in on tBascd 1908. "These f Loss.—V. -* subs, "Net gain less tax Bank 70,263 t$54.127 requirements, . , — income Inc. $1,808,369 709'97? 4 356434 400 000 $1.25 before earns, cial "Special be and $156,084 Alter preferred dividend 1 1953—6 Mos 5 by' outstanding-. com. 45,155 consideration parent ■■■• had cold Net 1953—3 Mos.—1952 taxes profit shs. Co., cash a the Net $155,970 764,074 $0.81 authorization Power Chairman directors step in p. inc. ritaxes income SEC for Wisconsin Co. •■ ' equipment, t.Earns. expected Sewing Machine before for Power ' would Fed. 246. Period End. March 31— Profit $164,763 outstdg.t. proceeds of Period End. June 30— Whirlpool Corp.—Notes Placed Privately—The corpo¬ has arranged to place privately an issue of $2,-. 000,000 4%% notes due May 1, 1969 and 1970, through Prov. stock cash important ration White 1952 $920,044 Exchange. through underwriters, other placement. p. shs. Electric deliver-to expansion 246. p. Co.—To Sell Stock Tourneau-Westinghouse Co., to working capital. new received and Construction Dec. 31/52 346.648 share of (145,923 has • $3,000,000 for stockholders, at a meeting on Aug. 25, will be asjfed to authorize $50,000,000 of debt, which will include the proposed $35,000,000 issue. proceeds of this new financing will be used to retire $30,000,000 Le 1953 $984,435 819,672 1 The tandem Miy program /is the i „ operations planning to market around the middle of September $35,000,000 of debentures, E. O. Boshell, Chairman and President, says in ... — taxes. 2294. •'« T. Profit company ■V 794,933 $119,608 Interstate Total This ..'2,182,244 electrical from the V ; 10,652,913 Co.—Earnings^- Whiting said that work on the new facilities, Rock, Pa., adjacent to the company's present Inc. transaction program announced last month for expanding the company's in the facsimile and private wire service fields. The will, accelerate 732,470 1 share declare The supervisory and alarm systems for protection against fire and burglary and for supervision of watchmen and many industrial processes throughout the country. The Grinnell Corp. has been manufacturing equipment for A. D. T. for many years. Funds *2,222,525 1,394,614 — shares. 120.000 to is not engaged in the telegraph communications company furnishes 12,343,584 2,071,395 311,371 deductions. corn, installation Concluded— has it District R. 267,082 ■ and p. the ■In announced interest The A. D. T. - expenses etc., - accesory 1,642,418 461,628 2574. Grinnell 3,365,050, income— 2574. company stand 13,419 1,983,451 v" r'" $2,363,015 :. 535,118 •266;647 (Alan) Wood Steel Co.—To Increase Capacity— 1950 $388,780 railway stock 633,933 ''V 'i_——_J__f_— per to tion company its 12,638,695 parent, Wisconsin $20 par common ment of 206,637 13,511,417 1950 •A, $2,773,465 450,002 Wisconsin Natural Gas Co.—Stock to Parent— of Western 1951 t.278,957 income This first 1952 $374,580 income— oper. 1952 $2,505,450 Mr. railway 177, p. Ry.—Earnings;— revenues 177, that $1,172,761 railway, '■ 177;083,322 • mill, oper. Central income Earns, 15,086,494 $1,733,714 Goldman, Sachs & Co. and Fulton, Reid announced on July 28.—V. 177, p. 1722. calendar year 1952 to July 28. 1953, an t-Lgregate of 24,000 shares of common, stock have been purchased for luiirement. During the next six months the company may continue to purchase additional shares of common stock from time to time «n Gross Interest, $21,107,254 $21,323,749 rail¬ railway $ * . 203.388,476 Wisconsin Power & Light Co.—Proposed Acquisition— $4,119,013 2,778,592 inc.-- $ 13,033.394 6 Months Ended June 30— 2398. from —V. 1. $5,302,657 cWilh investments priced Prom unless assets shares asset hand June 30,'53 net >mnlon The reported and Sept. As of— * The appraisal. receivable or will hold mortgages receivable of approximately $11,000,000. We have prop- mortgages to free job. to foreseen takes place, some time between We this of subject Higher— 1953—52 Wks.—1952 $ income— p. 1953—5 Mos.—1952 From Jan. 1— Gross The of care not 300. p. Co.—Sales 15,333,729 railway oper. 50,000 added is 178. $2,734,731 627,514 Operating Operating See 1953 Net appraisal take $0.50 p.'1607. 1953—4 Wks.—1952 financing the business ; . . $4,512,306 oper. p. sfrom Equitable will commitment Assurance Grocery railway—— , 177, and Neb.__1,200,000 1953—Month—1952 May— Gros Viat Life above.—V. Corp. railway—— oper. ry. —V. its The Equitable by 176. '-' pur¬ $1,200,000 expenses from Western Society 0 r $40,000,000, and from J. P. Morgan & Co., Incorporated, 'for i' ",000,000. And we hav^ a debenture, a junior debenture for $8,000,000. commitment a assets.—V. railway—— from the The commitments have We capital Lovett from Net its — p. ry. Gross 1952. of underwriters * Westingliouse Air Brake has also negotiated to purchase the Chrysles Building, have not signed the contract. The contracts are in -the $1.35 From Jan. 1— „ Ivy ; Webb & Knapp of 1953 Net expenditures that $6,925,000 ' for several amount Lincoln, Co.— i in have "gned. j. $379,454 $1.71 »$0.50 , sale Motors from from gross retirements, and expanded York New $480,587 __ share Wisconsin Hydro Electric follows: as 2788.—V, ,178, p. operations—...^ railway —V. a aggregate ' _____ Net - • to 1952, 31, Dec. $3,200,000 the of (Inc.) to resulting revenue.,.. revenue business. at $379,454 . 51,202 177,' p.' 2684. Net Maryland Ry.—Earnings— oper. way have account own probable already Jersey We Roosevelt will in varieties. I signed our contracts to buy the which owns the Graybar Building in Corp. the on Ten call have Louis, construction odd it St. and Street. which of We Philadelphia. could 60 in them kinds 34th own third a in all you progress about have worth at If states. Denver, them of 16 or construction for in Knapp June have Manhattan Island $35,000,000 On We 15 We Plattsburgh that has defense in Chicago. almost $50,000,000 time program about to company Diego in River. Houston amount in San them Hudson present in have from A like a property probably today holdings in Los Angeles, $429,385 > share— Wisconsin 'and 'economical efficient" approximately principal Co. & 177, oper. Railway Zeckendorf, in a recent address before the New York Society of Security Analysts, said in part: own 5,021,870 credit per on & \ Railway be de¬ 1952 $5,401,324 3,956,103 - estimates approximated Period End. May 31— call and 1953 May— Mr. We gain Gross time, amount' thereof $19,069,000 to company names Investment V. Coast. co-owners announced Oil signed $10,463,917 $4,385,488 — per Kaiser —V. • 1946 l, $1,700,000-for plant and Hall Western , at will special •Sales- been and is still in order to meet has program $2,874,000. aggregate , develop¬ store West Co., Colo., Midwest have $10,225,351 taxes—. $ . ' date. more Jan, to The by each underwriter First for property amounted utility Martin Bosworth, Square The the and to 1953—6 Mos.—1952v $2,703,135 (net) paid Winn Sold— from time part company construction facilities $16,195,000. year G chased See of entire 23rd and the entire 22nd floors, respectively, in the new 23-story office tower. Each floor has an area of approximately 18.000 square feet. .structures $74,185,000 of the offer¬ the -principal at: redemption postwar UNDERWRITERS—The store, stockholders before income See Inc.—Bonds Co., issue of July 27 - sinking it:< utility of struction will be made firm other Knapp, Fuller A. in year 177, p. 2788. 1953—6 Mos.—1952 & a representative of design. With 350,000 square the establishment will be the Denver, at the of Willys Motors, Inc.- -New Sales Unit Formed- (Mo.)—Sales- PROGRAM—The transfers The Daniels President offer Courthouse Chicago George Center its shares increase 1953.—V. 1and income- "Net the said, between and High Argo Oil head President months 1. 1953—Month—1952 - credit Dividends used after June 30, 1956 on 30-days' time or in part from time to. time,"-! at ranging from 105 to 100, plus accrued any are the large Harris, department an banking shares the Zeckendorf Mr. Mile the its buy participating Knapp, of that 25 has of construction Loughridge in Bosworth, F. He said investment recently outlined for Denver. with a new hotel, with department Webb to store Statler space, largest stock (Colo.i Arthur announced. building a Hotels feet Charnite, common six sharp a se¬ in Co.—Earnings- operations John he project included the Bosworth, of Denver a share, a firm, Inc., the of Net stock at a price by West Texas and other corporate be redeemable are interest to and Retail Unit Stock—< from of Denver Zeckendorf, removal Net an 20, $15 was the Co., will program price. William for SEC for investments.— to he used are shares operators on paid 44,476 the Bosworth-Chanute -soon, bought has latter's the Stores was the with . corporation Co. Central common par which Co. our prices modernize additions 2684. Fisher $10 Telephone in at bonds a operation. stock to the offered at the market, Webb & Knapp, Inc.—Buys di statement registration a capital of "Special increasing requirements for utility services in the territory served and for filed 24 G in additions shares of V. 177, and sell to Oil income Income common owned by be , series calendar July on Cost par will issue 1953—Month—1952 & bonds whole accrued the —Files With" SEC— Fund $10 new and follow: CONSTRUCTION Washington Mutual Investors Fund, Washington, D. C. This was the marketable 2684. p. Period End. June 27— redemption engaged sales ■covering 250,000 G a purposes plus company 1907. p. the interest. purchased the busi¬ ness and assets, including a bakery, of The Made-Rite Bakery, Inc. •of Rocky Mount, N. C., and on the same day also purchased the busi¬ ness and delivery equipment of the Durham Baking Co. of Durham, 24. first $2,250,779 —.i— 177, Gross on July 21 of $3,000,000 first mortgage series G, due July 1, 1983, at 100% and Harris, Hall & Co. (Inc.), The First Lincoln, Neb., and Martin Investment Co. of series The Earnings There the and six Months Ended June 30— interest by Co. regular -—— in Cash of by Whitehall Fund exchange for 117.643 in stock. $19.64 acquisition Stores, Inc.—Sales Lower— 56. made bonds, notice, excess $1,085,714 payable! taxes its Supply Further details July 5, *52 $49,064,745 — taxes— $2,693,573 the compared with 574 at Jan. Auto Wilcox been to construction p. Light was and Trust income Net 178, Auto Western • July 4, '53 income Gross Profit before received Fund capital Period End. June 30 2684. Mention accrued 27 Weeks Ended— Plan June. late were shareholders June 30 as Sales Parent— $17,946,000 $15,997,000 $85,576,000 4V\% Baking Co.—Earnings— Howe Fund's of in Fund reflects 1953, '• 177, p. 1907. Ward of its of have proceeds of the Sales— 111,689 375,166 income—. —— 30, S2.156.621 with Dec. 31, '52 $4,888,086 parent. authorized been period End. June 30— 2,826,507 384.292 amortization— and .Provision for Corp., shares 100,000 per shares shares common West also Western 437,275 charges Depreciation Net 1,196,443 102,284 taxes on inc. Plan worth June 30. '53 ___ $18.41 June of as Howe White's and $173,000 of taxes income State and 1,360.000 into such South Texas $10 $21,371,777 $25,736,748 — of on —V, stock of and additional 1952 1953 30— - - before following dedues. and Profit Federal (& Subs.)—Earnings— ' Ended June Months sales . share per. 51.30 2136. p. common in Walworth Co. Six $0.96 the requirements.—V. Wet $0.56 has received SEC authorization to amend number of authorized shares of its common West 2683. p. $0.45 respective quarters in 1953 and 1952 and $421,000 and respectively, in the six months ended June 30, 1953 arid 1952. in Central 1953—-Month—1952 1953—6 Mos.—1952 $14,565,066 $14,503,033 $86,800,643 $85,459,112 ' - report number 1,717 $1,115,500 its charter to change the stock from 374,500 shares without par value into 1,400.000 shares of the par value of $10 each, and to change the 260,000 outstanding shares of its no Higher- Sales Co.—June $821,288 company stock. Walgreen $480,317 West Texas Utilities Co.—Stock to .bankers, ment assets value Whitehall the 1953—6 Mos—1952 1953—3 Mos —1952 share— estimated of $381,601 —— com. 177, The for¬ Heitzmann Mr. was Haven; net assets Declines— Official— President of the New Haven Clock & Watch Co. of New formerly Vice-President of the Acme Aluminum Alloys, Inc., merly per $198,000 Heitzmann of New Haven. Conn., has been elected Financial a *1- .— Fund, Inc.—Asset Value ' asset The Kentucky Coal Co.—Earnings $559,000, Vitamin Corp. of America—Heitzmann Jaxnes A. 11,794,699 $20.87 Net curities income —V. Vice-President and share per Total $ 246.183.017 — Period End. June 30— 826,551 750,832, 3,011.432 • - 152. p. 1,150,929 1,810,784 15,984.013 5,613,554 railway— railway— from Wet value West From Jan. 1— from outstanding 178, 'Net Oros< " 252,483.390 12,897,173 $19.58 - — Monday. August 3, 1953 ... of— As transaction $2,947,131 $4,103,727 1.588.998 658,231 railway from Met Whitehall Dec. 31, '52 1950 1951 1952 $3,922,863 $3,243,086 railway— from assets asset —V. 1953 May— Cross Off— Value Asset June 30, '53 net Shares Virginian -Net Inc.- $ Total 1303. p. Fund, AS Of— 1953 — 11 Mos.—1952 $4,809,104 $5,397,642 1953--Month—1952 'Sales-.,—.-—— Wellington Up— Virginia Dare Stores Corp.—Sales Period End. June 30— Financial Chronicle stock for Gross and arc for not preferred Income nor accessory recorded dividends. outstanding at June 30. do they include equipment as booked Based 1953.—V. ' on 177 repair until or< d shim 987 369 p k 1903 sir (393) Number 5243... The Commercial and Financial Chronicle Volume 178 Stock Record «» New York Stock Exchange WEEKLY VOLUME OF TRADING DAILY RANGE OF PRICES YEARLY RANGE OF SALE PRICES STOCKS B»i(« f« PtevUu Oct 2 108 10 39% Jun 17 Jan 24 99 25 125 Jun 9% JWy ~5% 8% May 4 2 Nov 6 24% Nov 26 30 Va Jan 24 30% Sep 16 35% Jan 30 33%. Oct 2 25 48 8'/4 Jun 29% Dec 2 115% Dec 11 155 Jan 17 2 ley* Oct 150 3 9 1 17% Jun 16 common__No par 24 % pfd 1951 series & Viclcsburg Ry Gold Mining— 4.50% Alabama Alaska Aldena Inc Feb 74 100 1 100 preferred 4%% 27 5 common Jan 4 2% Apr 24 5% Dec 23 5 158 y4 Dec 23 132 Feb 9 152 Jan 5 May 24 80 Feb 13 91 Apr 10 31% Jun 16 39 Jan 16 Feb 4 May 8 Allegheny & West Ry 6% 70; 79% May May 3% Jun Apr 7 31 % Oct 16 98 Nov 10 110 Jan 17 95 July 31 104 85. Jan 2 98 Nov 25 90 Jun 18 98 Apr 30 10 Dec 23 73 8 67% May 18 82 46% Jan Apr Apr Allen Allied Chemical Allied Kid 33 Jan 8 Allied Stores Mar 27 25% Jun 9 40% Jan 8 6 93% Feb 16 16 59% Jan 2 96 % Jun 16 118% Jan 2 44% Feb 18 36% Apr 23 Oct 1 88 July 23 48 Jun Dec 23 49% Dec 30 15 21 42% Apr 47% Oct 16 54 % Sep 23 3 y8 Jan 3 - 54% Jan 21 2% Jan 23 preferred convertible 3%% 100 20 common 100 Alpha Portland Cement. No par Aluminum Co of America—. 1 Limited Aluminium 20 3% Mar 24 No par 1 Leather Co com Amalgamated * Jan 11 35 24 33% Jan 30 2 18 y8 Jan Nov 33 16% Jun 15% Sep 15 141% Jan 9 x235 Apr 9 60% Feb 20 74 9 189% Jan 5 1 No par Corp Petroleum Amerada 50 (The) Amalgamated Sugar Co 19% Mar 18 29 Jun 156 preferred convertible 6% 36 % Mar 24 Apr American 4 16 29% July 8 preferred 100 American Bakeries Co com__No par 3%% July 29 97% Jun July 13 20% Feb 2 Nov 25 61% Feb 19 50" Jun 10% Dec 18 15% Aug 55 Dec 53 »A Aug 19 36% Oct 30 43 102 Oct 7 Apr 6 29 22 38% July 29 Feb 26 47 6% 23 40% Jan 24 103 % Feb 20 4% Amer 13% Feb 18 14 4% Dec 6 29 7 Jan Mar 16 Feb 11 4% Jan 2 9 28% May 16 36 VB Dec 12 31% Feb 8 43% Aug 5 45% Nov 12 40% Apr 23 Oct 22 42% Jun 27 34% Feb 9 31 of 1 37% May, 44% Jan American Cable 4 6% May American Can in common & Radio Corp Co —25 6 44% Apr 24 50% Feb 16 American Chicle Co 14% May 21 19% Feb 25 16 y« Jan 2 20% May 28 American Colortype Co 20% Feb 13 26 6 21% Jan 2 25 % May 27 American 15 96% Jan 6 96% Mar 4 55% Jan 6 Jan 6 Sugar com 10 preferred— 100 American Cyanainid Co com—_10 3%% conv preferred series B_100 83"% Oct 6 9 10 Dec 31 29% Jan 3 33% Aug 11 16% Mar 7 18 % Aug 13 39% Jan 5 8% Jan 5 American Encaustic 4 31% Jan 20 American 17% Feb 4 American May 25 American Export Lines Inc—,—40c & P'oreign Power—No par Jun 27 14 Jun R 55 3% Oct 21 7 12% Mar 10 Feb 30 % Sep 3 8 39% July 23 5% Apr 14 20 Vn Feb 26 19% Jan 4 17% Feb 8 9 Feb 19 73 Aug 18 Jan 9 8 Gas Hawaiian 5 % Mar 25 American Hide & Leather com Jun 15 39 % May 27 15 39% July 20 36 9 93 V2 Apr 6 15 18 3 23 July 22 1 24 24 11 84 13 % Apr 24 13 3 Jan Dec 19 89 July 21 16 24% Mar 16 24 79 Va Jan 86 19% Feb 2 26% Feb 27 Ainer 105% Feb 9 4%% 18% Feb 2 American 7% Jun 22 31 4 7% Jun 15 11 31% Jun 18 Jan 17 32% Jun 29 36% Jun 12 29'A Jan 5 36 39% Sep 23 16% Apr 1 175 % Aug 8 6 Aug 7 7% Jan 17 19 Oct 29 24% Jun 12 42 y4 Apr 24 49% Dec 3 53 Jan Feb 19 11 39% Feb 29 Apr 9 18 127 Mar 14 - Amer 7% 2 8% Jun 23 American 6 23% Jan '65% Jan 13 American 30 American Jan 6 159% Jan 5 6 Jan 14 30% July 14 25 Jan 2 20 120 Apr 20 31 Jun 10 36 38 40% Aug 18 60% Mar 135% July 6 1 11 1 54% May 19 66% Dec 16 139% Nov 21 2 22 58 121 Jun 25 134 12 Apr 14 152% Jun 10 Jan 8 130'A Jun 5 65 Dec 16 69% Jan 21 40 y2 Jun 10 3 119% Jan 24 112 y4 Jun 8 15 7% Jun 13 9% Dec 22 y4 Oct 22 37% Jan 7 81% Nov 18 95% Jan 22 19 16 38 Oct 40 y4 May 24 102 40% Oct 38% May 11% Nov 4% May 48% Dec Feb 7 Feb 77% July 31 138% Jan 5 Jan 100 American Tel American 66% Feb 24 5 97 Jan 45% Feb 26 10 57 Jan 30 55% Jan 24 31 46 com„—25 Corp preferred 5% 100 ■ Inc 5 Woolen common—No par Jun 26% Jan 2 Jun 25 94 30% Apr 106 % Mar Jan 10 33% July 23 45 1 50% Dec 19 41% Feb 57% May 21 24% Jan 24 5 6% Jan 3 9 3% Jun 35 9 July 29 Jun 9 12 15% Feb 6 Anderson-Prichard - 2% 2% *2% 2% 3,700 19% 19% 20 Va 20 V« I,200 Oil Corp Copper Mining P W Products Co Inc 7 A Jan 9 Archer-Daniels-Midland 41 /8 41 8 120 128 *33% 34 7 7% *27 -8 14 /4 15 9% 9 A 29% 29% 61% 62 k 3% 3% *34% 38/4 38% 8% *90 *18% 23% 39 8 '/s 93 19% 23% *100% 101% 14% 14% 89 89 21% 22 *81% 82 17% 191/8 18 19 100% 100% 16% *7% 32% 33% *33 *32% 13% 160 7 /8 19 *54 A 31% 16% 7% 33 33% 33% 32% 13% 160 7A 19 56 32 142% 143 39 % 39% 125% 125% 31% 32 40% 40% 51 51 122 122/2 15% 16% 154% 154 A 74% 75 136 136 a 42 % 42 /a 115% 115% 9% 9% 18% 19 79% 67 % 27% *97 *33% 98% 10 47 % *11 *3% 48 No par 3% 82% 82 70% 3% 180 3% 70% 3% 14,100 145 *143 82 100 145 83 *143% 144 82 70% 3% 3% 144 82 *82 300 33 33% 33% 98 95 95 95 *90 95 *90 95 *90 36 34% 11% 3% 36 % 4,200 3 4'A *95 95 32% 9% 32% * 9% 9% 9 Va 69 68V2 68% 68 20 20% 20 Va 20% 27% 27% 27% 28 23% 38 Va 37% 37% 38% 38% 89 89 48% 48 VB 48% *46 46% 47 % 47 48 7 b 47% 89 Va 200 49% 11,400 97 Va 47 48 3,700 38% 38% 99 46% 46% 48% 500 1,000 48% 1 *97 48% 99 6,700 20% 28 'A 97 % *89 48% 47% *97 99 68% 23% 89 % Va 48 600 *20 38% *89 91 *88% 9% 68% 68% 20 100 9% 9% 100 600 47% *47 Va ' 47% 2% *2% ' *2% 48% 15,400 2% 2% *2% 2% 500 38% *35% 38% 19 *18% 18% *18% 19 163 Va 165 165 62 62 61 % 61 % 13% 13% 62 19 300 > 170% 168 5,100 63% 1,300 13% 15,300 62'A '13% 13% 77% 77 ~ 28% 28% 28% 97 94 94 *94% ■ 62% 13% 13% 77 V4 28:% 28% 48% 168 78 *77% 11,800 *18% b 163% 18% 163 50% , *35% 2% 38 7 *35% 37 *35% 48 47 VB 47 X46% 49 13% 77 77% 77% 600 29'A 29 29'A 1,900 97 • *94Va- - 97 - 100 500 17% 17% 17% 17% *17% 17% *17% 17% 53% 53 % *53% 54% *53% 54% 54% 54% 30 7% 7% 40 % *39 38% 38 7% 39 7% * 8 Va 8'/a 8% 6,400 38 % 40 Va *38 Va 40% 200 37% 37% 2,800 37% 38'A 38 VB 37% 38 98 % 98 % *98 % 98% 98 Va 98% 14% 14% 14 Vb 14% 14'A 14% *97 14 VB 300 99 14% 14% *13% 14 Va *14 Vb 14% 16% 16% 16% 16% 16% 16% 16 % 16% 5% 5% 5% 5% 5% 5% 5% 5% 34 Va *27% 14 5 3% 70% 70'A 70'A 71 144 33 14 % 14 ,4 16 /8 5 a 6.25 Andes 90 156 2% 19% 98 98% No par 21.80 Clayton & Co 5 No par *154 *2% *19% *95 38% Corp— preferred Anderson Jan 5 " 52 $4 5 26 Cable Glass 154 % 154 2% 98 40% 38% *98 47% & Common 15 *39 46% Wire Hocking 156% *154% 50% 19% 7% 14% Anaconda 200 156% 17 % 78% 31%, Anaconda Zinc prior 4,900 51 19% *94 conv preference—No par & Smelt com—LI preferred 25 Copper Mining 50 $5 24% 103% 103% 28 Lead $4 conv prior Amer 24% 103% *96% 79 A 67 % 14% 78% 33 % 100 preferred 7% Anchor 7 100 Viscose American 6 July common preferred 6% 77% Mar 17 21% Jan 60 Tobacco Co American 13% July 16 53% Jan Tel & 2 77 15 5 100 25 Sumatra Tobacco American 2 48% Dec Refining com—100 preferred 7% 88% Mar 17 13 2 25 American Sugar 10% Feb July 28 30 31% Jan 100 Co common 27% Jan Jun Jan 106% May 21 Snuff noncumulative preferred—100 American Steel Foundries No par American Stores Co 1 6% 7 26% Feb 109 No par Refg com preferred 7% American 2 60% Jan 119 Std Sany 9 9 2 10 5 common—5 100 Safety Razor 5 Seating Co 10 Ship Building Co—No par & preferred Amer Smelt & 19 16% July 30 161% Jats Rad 18% July 28 79 % 15 15 May 12 Co American Water Works Co July 30 31Va July 28 May 12 Jan 82 2 Mar 20 41% July 31 Feb 50 % Jun 116% Jan 23 Feb 127 29 16% Jan 16% Oct 39% May 29 Jun 161% Dec 89% Oct 44 36 Va Jan 131 1 Co—No par American News Co No par American Optical Co No par Amer Potash & Chem cl B—No par 6 16% July 2 Metal Products Co Molasses 4 48% Jan 100 Natural Gas 15% Feb 171% Feb 11 Jun 11 64% Nov Mar 27 com American 22 Jun Jun 37 16 57 37 39% Mar 24 Ltd American 1.3% July 27 29 148 136 10 y8 Oct 3 Mar 17 Co preferred 30 9 150% Jun 129 % Jan 37 Metal 100 —7 —100 No par No parx, Machine & Metals 36% Jan 2 165% Sep 36% Dec 50% Dec 10 Jan 8 23 34 15% Jun 35% Dec 16 16 preferred 8 28 29 3.90% 24 94% Jun 23 Feb 30 Va Oct Feb 16% Jun 13% Oct 122% Oct Amer preferred Mach & Fdry common 18% Jun 33 % Oct 38% May 19 7% 31 165 148 9 18% Mar 26 20% Jan ' 31% July 30 Mar 104 2 May 15 17% Dec 31 28% Dec 25 30% July 23 19 Oct Jun Amer 105 2 Jan 7 29 25 % Mar 18 12 10 Apr 18% Dec *22% May 16 97 16 9 Sep 24% Dec 78% Feb 22% Jan Jun 14 >/a July 28 —50 1 Products Home 1 No par 6% noncumulative preferred—100 American International Corp-No par American Investment Co of 111 1 5%% cum prior preferred 100 American Locomotive common 1 100% Mar 17 102 Jun 16% Apr 8 23 99 96 8% July American Co preferred convertible 6% SS American Ice Co common Jan 30 21% July 31 33% Feb 65 % 67/8 Jan 86 23 % Jun Dec 5 10 Co American American 19 25 Electric & 4 July 30 Dec 96 11 Secur—No par European 36% Jun 14 x35y8Oct Jan 19 Tiling 3% July 27 10 45 Feb 48 11 5% Jan 20 1 Co 29 33 27% Jun 7% Nov 45% Jan Distilling American 14% July 14 22 8 9 151 67/8 Jun 30 54% Jan 30 Jan May 41% Jun Crystal prior 4%% 24% 103% *50 % 2% 48 93 50% Jun 20 24% *103% 51 68% 91 2 50 Va 24% 103% *26% 48 19 % 22 /a 42% Jan & Cable 9 24'A 103% 34% 34% 34% 35% 35% 36% 42 42 35% 36% *14 > 42 42 35 35% 78% , 79% Chain 32 103 % *50% 24 *154% 163% 164% 28 9 *19% 28 ,2 48 19/2 ZZ a American 117'A Jun 51 % 9% % 26 9 3,700 4 4% *90 78% 34 % Jan 22 12,100 9 Va 4 4 % *95 100 85% Mar 18 7 59% Jun 27 '/a 32% No par No par 10 preferred 7% 8 170% Jan 26% common—25 76% Feb 9 26% 8% 82% 2% 36% 19% 5/4 28 May 25% 8% .1 * 48% 48 1 8 Apr 25'A 8% 3% 2% *35% *18% 16/a 26 50% Aug 25 25 Va 8% *70% 48 47 Va 14% *14 32% Feb 143 400 25 Vn 12.50 common Car & Fdry American 100 83% Jun 90 51% 8 23 15 51% 54 24 Mar 51% 46% 7% 73% Apr 89 *50% 91 49 98 *53% 27% Oct July 51 % *142% 46% 1 1 common 7%' preferred 5 49% May 25 48% *96% 20 Inc interest preferred 5% 12 *50% 38% 38 2 No par Shoe Co com preferred Brortderfsting-Paramount Ctfs 15% Mar 20 50% 9% 50 — common convertible Theatres 15% Mar 19 16% Jun *31% 97 preferred .1952 ser 5%%—50 Amer Brake 27 Jun 32 95 *94 17% 100 preferred Bosch'Corp 2nd Apr 94 *31 % 19 % 10 pfd_; conv Bank Note common American 86 41% Mar 13 107 17 ' Jan 59 common conv cum American 12% Jan 12 7% July 22 7 Airlines cum 4%% 16 17 32 61% Amer 8 84% Feb 94 1,400 *31% 4 32 13% ,77% 6 15% Jan 9 31 2,000 29% 24 13% 77% 75% Jan 23 74% Jun 20% Dec 23% 29% *50% 61% 23 12% Apr 2 5 16 Vb May *23% 8% 1 61% Apr 2 Jan 12,100 23% 29 24% Agricultural Chemical—No par 30 90 2 29 Dec 16% Jan 26% Jun 12% May 73 4'/a 23 50 % 98 *88% 2,900 28% 27 — 95A 23% 69 20 Corp common—No par preferred Mfg 9% 9% 29 24 % 26% 42% 101 Va 22% 23 % 29 *31 % 51% No par 1,600 42% *99% 42% 101 9% 9% Sharps July 31 29 4% 4 28% 71 3% 3% *142% 144 *81% 84 32% 33% -*9 101 9% 9% *42 *99% the Week Fr'day Thursday July 30 42 *99% 101 23% 51 25 8% 68% *19% No par Dye 41% 41% 9% 29% 32 Va 5 & Co Allis-Clmlmers 52% May 25 50% July 31 23 41% Apr 19 2% Oct 4% 19% 71 *95 *90 100 1 Mills Allied gtd Inc Industries 2 Mar 25 123 1 36'A Feb 3 76% Jan 22 95 - 17 95% May 10% Mar 16 11 8% July 20 61% Dec 17 A prior conv preferred-No par $2.50 19% Feb 8 40% Dec July 17 46 % preferred 5%% Alleghany Ludlum Steel Corp__ 1 $4,375 cum preferred No par 65 y4 Jun 36 90 common 78% Aug 11 21 36 Corp 21% Jan 7 Aug 28 32% Feb 21 Alleghany 5% Mar 25 10 *99% *103% 104 ,. 153% 154 2% 2% 100 100 10 Juneau 20% Mar 18 70 Va July 31 50 24% 8% *50% w> w Inc 14 3% Apr *31% 1 1 41% Sales for PRICES July 29 July 28 42% 101 9% 4% 23% Corp—10 Equipment com Gas preferred $3 5 4'/a 23% 29 % 1 No par Co Corp Air Reduction Mar 11 2.50 . Corp Affiliated 6 3 160 9 Admiral 8 114% Jan 12 Jun 2% Jun 6 .23% July 76 10% Mar 51% July 29% Jan 30 101 y4 Jun Aug 28 3% Mar 29 10 Jan 23% July 22 22 2% Jan 139 6 *99% 9% 10 Express Adams-Millis 27 32% Jan 50 May 21 1 Co Motors Addressograph-Multigraph 59% Jan 4 Jun 100 1 Steel Co Adams 16 7 9% Jan Jun 24 y8 Jun 9 106% May ACF-Brlll 42 SALE HIGH Wednesday Tuesday July 27 8 preferred Vending Corp Acme 36% Feb 24 51 6 35'A Jan Sep 18 23 10 64 May 29 6% Jan 24 32% Oct Jan ■I 28 y* Jun 19 7% July 17 10% Jun 26% Jan 1 July 21 31 22 24 4% ABC 10 Dec 48 29 22 Vn Jun 24% Jan 56 Jan 112 5 42 % Jan 20 5 * Monday Par Laboratories Abbott 47'/a Jan 64% Jan 6 LOW AND STOCK EXCHANGE Ltwtst Highest Uvcit TURK NEW Range Since Jan. 1 Highest Tear 1852 41% Oct FOR EVERY LISTED ISSUE 78% *78 *28 35 *14' * 19,400 * 14% 1,700 4,200 16.2CO 41% 42 41% 41% 1,100 36 'A 37 37 37% 7,400 79% 79% 79% *79 79 28% 900 400 28% 28'A 28 % 28% 28% 48 48 48 48 *47% 48 47% 48 1,600 19% 19% 19% 19% *19% 19 % 19 Va 20% 2,700 Vb 22% *22% 93 22% *91 *91 44% 45% 123% 123 % 34 *33% 7% 7% 28 *27 28% *91 46 % 130 *123 45% *125 22% 22% *91 93 46% 132 33% 33% 33 % 7% VA 46% . *125 33 %' *7% 7% *27 V4 *33% ■ 7 Va *27% 14% 14% 9% 9% 9% 9% 13,100 30'A 30% 33,500 65% 5,200 14% 29% 30 VB 61 % 62% 62% 3% 3% 3% 3% *34 % 38% *34% 38% *34% 38 *34 % 38% 38% 38% 38% 39 38% Va 8 . *7% 64% 65 % 3% 3% *7% 8Va ♦90 *90 93 *90 93 *90 93 *18% 18% *18% 19% *18% 19% 23 200 29 30'/a 29% *7% 19 Vb 2.000 15 3^4 39% 8 Va 100 600 *23 Va 23% 23 '/a 23% 23% 23% 101% *100% 101% *100 % 101% 14% 14% 14% 89 % 89% *89% 14% *89% 90 21% 15 15 Va 90 90 90% 600 22% 22% 8,600 21% 21% 21% 82 82 *81 Va 82 17% 17% 17% *17% 17% 19 V8 19 18% 19 Va 19 8,700 14% 22'A 82 17% 100 19 Va *100% 14 Va 21% 4,300 93 23'A *81 Va 2,400 38 101% %' *100% 1,200 9% 61 % 8 Vs 7% 14% 3% *7% 300 200 34 28 30 38% 125% 9% 9% 29% 1,200 21,400 14% 14% 9% 61 22% 93 47% 27% 28 14% ■ 22% 22% 93 45% ♦81% 82 20 17% 18 2,700 19% 19% 19% 4,700 *100% 101% 101% 110 16'/a 16% 16% 16% 16% 16% 16% 16% 2,300 7% *7'A 7% 7% 7% *7% 7% 100 33 Vb 33 V4 33% 7,300 33% 300 *7% . " 101 *101 101 101% ♦101 33 Vb 32% 33 33 33% 33% 33% 33% 33% 32% 33 33 33% 33% 34 33 % 34 32% 32% 32% 32 % 32% 33 33 % 34 13% 13% 13% 13% 13% 13% 160 7% 13% 160 7% 18% 18% 54 54% 31% 31% 143 % 145 *39% 40 *125% 126 13% *158% 7% 18% *54 31% 146 *39% 126 163 "7% *33 *160% 7% *33 33% 165 *161 VA 7% 18% 19 19% 19 19% 54 54 54% 54% 32% 32% 32% 33 Vb 39% 126 39% 143 144 «/2 *39% 39% *126 41% 700 31% 32 40 % 40% 41 16 *51 5m 121% 121% 16% 16% 16% 4,500 154% 44,800 77% 11,700 16 15% 154% 154% 154 % 154% 154% 154% 75% 75% 75% 75% 76% 76% 137'A 136% 42% 43% 116% 116'A 9% 9% 13% 18% 79 % 79 % 67 67% 43 116 136% 43% 116 136 43% 116 *135% 136 Va 43% 116 • 122 136 43% 44% 116% 116'A 1,050 370 10,600 60 9% 9 Va 9% 9% 9% 1,600 18% 187'b 18% 18% 18% 19% 8,000 79% 79% 79% 79% 79% 79% 68 67 67 6VA 67% 15 9Va *67 14% 14% 14%- 14% 15'/a 14% 78% 78% 78 77 77% ♦77% 31 % 31% 31% 32% 32% 33% 33'A 33% 47 47% 47 % *47 % 43 47% 48 28% 28% 46 % 900 *50% 121% 16 *15% 136% 51% 51 122 154'/a 75 70 41'A 31% 40% 51 200 1,700 31% 121% 60 710 32% 40% 50% ' 31% 31% 122 40 128 2,900 II,000 128 *40% 50% 144 3,300 *126 32 122 7% 32% 143 80 165 54 % 146 1,200 1,300 19,000 14% *77 78 28% *28 Va 28% 98 Va *97 190 150 2,100 200 41,000 360 1,400 27% 27% 98% 97 97 98% 10 ♦97 34 34'A 48 Va 33% 34% 34 34 34% 34% 48 % 49% 50% 50% 51% 1,200 4,100 27% 47% 48% ♦97 11 3% 9% 10% 10% 10 % *3% *3% 3% 3% 3% *3% 3% 36 36 % 35% 35% *35% 10% 9 10 36 % ♦36 361% 800 100 1,100 13 14 Financial Chronicle... Monday, August 3, 1953 The Commercial and 1 (394) NEW YORK STOCK RECORD 7 27% Jan 22 16 % Jun 9 23% Mar 27 Argo 31 35 Va Jun 10 43% Jan Armco 8% Oct 1 22 42% Dec 12% Mar 26 77 Va Oct 22 46 Va Nov 10 92% Jan 3 99 15% Oct 35 y2 May 5 10 Jun 16 96 Mar 13 83 57 Jan 28 Apr 1 90 116% Jan 22 31 105 12% Mar 107% Nov 3 16 Va Jan 22 7% Oct 24 9% Dec 19 6 32% Dec 31 25 % May 18 V* Feb Feb Jan 93 9 Jun 22 14 convertible $4 Arnold 2 Arvin 19% Feb 22 % July 25 28 2 Dec 16 91% July Jan 23 92% July 2 4 58 1 6 97% Nov 123% Dec 23 Aug 26 9 75% Jan 94 95 V4 Jun 18% 18 % 3,000 37% 37% 38 7,600 10 10 Vb 10 10 VB 10% 10% 10'A 10% 10% 10% 8,400 5 com No par 88% 88% *87 3 88 % *87 % 89 89 89 89% 89 % 400 No par 51%. 51% 52 52% *52% 52% 52% 52 % 53 53 % 1,400 *91% 92% 92 3 a 92% 92% 92 % 92% 92% 105% 105% 105% 16% *16% 17% com 105 Co Ine No par __.__2.50 27% Inc 7% Oil & Refining Co 1 preferred $1.50 series__No par Dry Goods Corp— 4 *7% 8 27% 26%. 106 3 *106 106% *106 4 93 *92 % 8% 27 *16% 8 *16% 17% 17% 17 % 7VS 27 27 26 'A 270 107% *16% , 8% *7% 8 26'4 170 107% • 100 7%. 27% 500 , 27'A 1,200 18,200 14 14 V« 14 14% 14% 14% 14 Va 14 'k 14% 14% 26% 26 3 26% 26% •26% 26% 26% 26% 26% 261/2 700 .1 19% 20 13% 20 20 VB 20 Va 20% 20 % 2,000 .100 *92% 93 4 ! 15 2 36 % May 92% 92% *91% 92% *91% 94 3 4 9 J3 4 93% *33 95 *93 95 27% 26% 26% 27 1st 5.25% preferred. 26 30% Jan 1 92 92 92 92 par 98 100 96%. 97% 3 1 *105% 107 *105% Atlantic 2 * 7% Mar 23% 28% 28 % 28% 29 29% 29% 93 93 % 92 % 92% 92% 92%. 180 29 29 29 29 29 Va 29 Vb, 3,400 32% 32% 33 33 32 3 32% 32 % 32 32 98 98 98 *97 99 '/a 13 17% 17% *17% 18% 17% ,17% par *6% 6% 6-% *6% 6% 6% 6% 6*8 par *15 % 15% *15 Va *15% 23 Nov 3 15% May 5 7% Jan 5 11% Mar 4 Autocar 3 13% Jau 9 17% Mar 6 Automatic Canteen Co — 16% Mar 13 5 Avco 6% Jun 3 a% Nov 21 6% July 29 8% Feb 26 42% Jun 26 50 V* Nov 14 42 % July 29 52 % Feb 30 Co 6%. 10 VB *16'A 16% 16,300 *42% par • 13%- 15% 15% 10 10% 10 Vb 10% 16 % 16% *16% 16% 7 Va 4*. CO .u cc 6% 42% 7 *42 100 .10%. 5,600 16% 6VB 43 6% 7 42 % 500 15% *16% 7 100 500 . 6% 10% 16% *42% 43% 1,200 99% 10% 15% %.%;•. *97 *17% . 16% , 7% 7 (The) common-—3 Mfg Corp 4 99% *97 10 10% —5 A of *15% 15% -5c — 26 5% July 21 20 107 29 18 pld series A 15% Jan 17 *105% 4,500. 93% 23 *92% 23% 32% ,_20 (voting) 9% Jan 12% Apr 107 1,000. 93 99% 4 9 Jan convertible 4% 7% Dec 17 *105% 93 3 *96 4 14% May 5 Oct 30 6 *91% : 98% par 24% Feb 16 93% 29 5 98 107 98 *91 97 *105%. 107 93 96%. 7,300 2,100. • 29 23% *92% — a Powder— Common 36 V4 Mar 27 108% Mar 18 23 — 28% .100 B 92 %. 4 .100 24 6 Vu Jun scries $3.75 b 7 31 Vm Apr 941/4 July 16 27 -10 Refining common Preferred Atlas Corp Ac»u.i 30 30 29 93 4 .100 4% 44% Jan Jun 27 *91 X92 2 117% Jan 17 53 'A 27 5 *26 2 3 94% 53 % 27 26% 30 Mar 93% 5J 27 52% 26 3 31% Sep 102% Oct 31 93 % £3 26 7 52% 26% 2 1,900 52% 52% 26 VB 22 100 27 92 3 94% 52% -10 ..50 Common Jan 60 95 26% 52 3 94 —50 Mar 92% *94 27 26% 92%. 5 13 30% Feb 16 27% & Santa Fe- Jan 99 89% July 28% Jun 92% 92 >,» 94 27 33% Jan 27% Jun 8 * -10 114 24 100% .Jun 20 .100 119% Jan Jun 105 20 22 97% Mar 25 88 % July 22 Dec 110 28 5% Oct 18 % 36 % 22 28% Ja« 25% Feb Dec 27 7 26% May 18% 37% 57 % Jan 50 % Jun Sep 13 Mar 25 103 88 % Jun 13 31 18 30% 16% Atchison Topeka 15 Jun *93% Jan 18 37 Jan 32 July 28 104% Dec 96% Feb 17% 36% 99% Apr 100 7 98 73% Feb 27 21% Jan 18% 5 Common 22% Mar 11 10 101 26 % 51% Jan Shares July 31 July 30 3o% Corp Industries 2nd Sales for the Week Friday Thursday 18% Ashland 18% Mar 25 Mar 27 PRICES July 21) 36% preferred__.No par Carpel Wednesday ..No par Constable Artloom 6 29 10 Illinois ol preferred 10V2 Mar 26 1 July 27 25% Jrui $3.75 32% Jan July Co July 2X 5 $6 conv prior preferred 7 19% Jan & SALE HIGH 10 I Corp Armstrong Cork Co 112% May 25 9 7% Jun Mar 25 Jan Steel Tuesday July >7 Par Oil Corp Armour 55% May 22 July 16 Monday AND Associated 20 91 01 2 26 Aug 18 31 29 Jan 16% May 28 23% Mar 25 16% Oct 22 27% Dec Dec 19 5 48% Feb 97 STOCK EXCHANGE Highest Lowest Highest YORK NEW Range Since Jan. 1 Year 1952 Lowest 2 LOW STOCKS Range for Previous *42% 600 7 47,000 43 % 100 B l 0% Dec 22 9% Jan 31% Oct 16 39 V4 Dec 8% Oct Jan Babbitt IB 1 5% 5% 5% (The)_No par 37% 38% 9% 24% 25Va 37% 9% 24Vb 38 9% 46% 47 46% 46% Inc (T) 35% Jan 14 42% Mar 25 Babcock Si 9% Jun 16 11% Mar 26 Baldwin-Lima-Hamlllou 22% Jun 10 11% Jan 22 6 17% Feb 7 Wilcox 16 30% Mar 19 Baltimore Jun C'o Ohio & 13 Corp 100 common 20 29% Dec 20 18 Apr 23 65% Jan 11 49 % NOV 23 13 23% Jun 26 Nov 24 67 16 54% Dec 10 47 July 14 59% Apr 7 Barber Oil 22 19% Jan 10 Jan 23 15 July 15 17% Mar 12 Barker Brothers common 38 Jan 22 20 July 13 36% Feb Oct 42 15% Dec 36 73 41 7 May 24% Dec 20% May 23 10 48% Mar 25 18% July 13 22% Mar 17 9 76% Mar 17 44 Jun hoiicuinuliitive 4y« preferred__100 Bangor & Aroostook common Convertible 5% preferred * 11% Dec 40 Dec 39% Feb 12 preferred 4%% 18 Bath 25% Mar 19 Iron Corp 47 47% 47% 48' 15% 15% 15% 15% 38 38 20 20 VV 100 5 Jun Jan 3%% preferred 16% Mar 20 Beech Jan 12 33% Jan Beech Creek 25% Oct 20 31% Jan 14 27 Feb 30 Va May 26 10% May 16 15% Jun 19 11% May 11 14 14% Apr 28 23 Dec 9 20 Va Apr 26% Feb MVfcOct 27 28 Feb 28 94% July 31 10 22 Va Mar % Jan 22 86% May 79 10% July 24 5 39 38 38 20 20 20 20 1Q% 10% 10% 10% 10% '37% 37% 37% 38 38 37% 37% 37% 37% 101'/a 100 *100 Va 101 % 90 92 92% 94 94 94 'A 5,060 19 % 191/4 19 'A 19% 19% 2,400 86 86 83 % 83 Va *83 % May 21 May 22 Dec 38 Dec 1 S7 19 106 V2 Dec 11 1 93 22 25 Vb Jun Nov 3 32 36% Dec 22 27% Jan Cum Best 17 % uuly 14 21% Jan 5 Bliss 18 22% Feb 10 27 % Mar 18 41 % Dec 23 36% July 13 48 Va Mar 20 27 31% May 16 Oct 29 25 30 17% Jun 29 29% Jan 2 21% Jan 6% Oct 15 11% Jan 25 12% Nov 6 23 Vb Mar 10 21% Dec Jun 12% Jun 11% Mar 10 Jan 13 52VaJiHl IV 16'/b July 14 11 6, Bolin 12 % Mar 12 14% Jan 12 Bon Mar .(Delaware; 20%. 18% lbV> Aliiiiiitiin 1% 25%: .*25;... 26 35% *29 29 1 29% 29% 600 11% *11% 12 11% 12 400 20% 19% *90 93 55 % 34% 34% 351/4 99. 98 98 34% *25 1 % 1 '/B 25% 25'/« 35%'. -.35% 51 % 52% Y* 51% 52% 52% 52% 52V» 139'% 138'% 138% 138% 138% 139 Va 34% par 18'/b 14 12% 13 *70 72 34% 34%. I8V4 17% 14V4 14 35% 36 36 1 - 2.800 19% 19% *90 54% 110 21% 21% *18% 55 1% 21 19 93 54 VB *97% 20 ! % t 600 93 55% 56 34% 35 *98 4,500 1,400 99 50 '/8 1% 1% 7,500 25% 25% 25% 300 JO % 36% 52% *139 3.600 53 % 36% 53 139 % 34,200 139% 300 1,400 12% *12% 13 12% 12% 12% 72 *70 72 *70 72 70% 70% 10 34% *34 24% *34 % 34% 34% 34% 400 18% 18% 14% 18 12% 18% 13% 18 13% 14 13% *22% 23 *22% 18% 4,200 14% 14 14 4,200 23 23 23 24% 24% 24% 24% 24% 25 25 Va 25% 25% 2.900 37% 37% 37% 37% 37% 38 38% 38% 39 8,900 19% 19% 19% 6,000 26 7 26% 26 % Corp Club 23 19Vb No par 1 Inc *22% 23 19% 18%. 19% 13% 18% 27 5 -No par 27 26% 27% 26% 26 Va 8 % 13% 8% 13% 13% 9 9 *8% 13% 13% 9 19 *26% ' 13% *8% 13% 8 9 8% 13% 200 190 9 13% 200 13% 4,400 Inc—1.25 11% 11 % *11% 11% *11% 11% *11% 11% 11% 11% 300 15 55% 55% 55%. 55% 55% 56 *55%. 56 56 56 % 3,000 5 72'% 73 72 72 70% 71%. 71 % 72 72'A 73 3,600. *89% 91 *90 91% 90 90 9 9% 54% Aug 28 58 % Mar 27 Borden 9 82 Dec 15 70% July 29 86 Borg-Warner Corp common 89% Jan 8 95 V2 Apr 23 86% Jun 94% Jan Co 99 29 37 Brass Book-of-the-Monfh 3 34% *97 2,100 33 % 24% 61% Jan Mar 25 34% 34% 99 1% 12% 5 ! Stores 55'% 93 220 11% 33 *22% Ami Co class A- Bond 55 18% V2 11 33 11 11 23 2.50 Co__ As *90 56 20% *90 84 ll% *32% 86 Co—___7.50 Cliemical Airplane 93 1%, *70 1 Inc 0% May 17 49% Jan 3 . 20Va 18% 35% 10 : Class B 14 tfo Co Laughlin Boeing 29 % Mar 18 2 20% 11 *138% ~ 100 1951 Mfg Co Co W) (E & .Blockson 3 2 Jan 7 com—No par pfd series ol & Decker ..Bliss 25% Nov 22% Oct 1 (Del) Carpet (Del) com_5 24 % Mar 12 5 11% 25% 11 imiw-Knox 22'/4 Mar 17 1-3% July 13 20'/a Jan 29 12 ' l>/4 100 Black 13 18 29 *11% 34% preferred 4Va% 11 28% 11% *97'% Blgelow-Sanford Jail 36% Jan 29% 55% Co—1 peso Foods 7% 82 % Jan 30 *32% common—10 Co Best 31% Apr 28: ser Bethlehem Steel Dec 23 & 37 '/a Jan 16 *83% 32% of 1946_No par Corp 57% Jan 22V2 Dec 14 Loan 144% Feb 12V4 July 14 84'% 11 *90 ..5 pfd $3.25 10 7 84% 10% 18'% 100 1 Benguet Coiisol Mining 19 70 Vb July 31 39% Mar 12 18% Apr 17 38 Jun 49 7 14 Jan 7 33'/a Apr 31 18 V2 Jan 27 1% Jan Beneficial 27 107'/a Feb 135 V4 Jun 15 55% Dec Feb 17 17 Jun preferred Aviation 100 32% 11 % 11 10 common 101 20Vb 100 1 pfd —1 Bendix 68 % Mar 20 lVsJun 23 33Vb Jun 146% Aug 26 I8V2 Nov 15% Oct 20 15% Mar 15 54 Vb July 29 4%<% Co 101% 400 19 Corp Howell 3,300 91% *11% Aircraft 3,900 33% 19 *28% & 38% 38% 91 % -l 4%% 38% 19 —10 1 12 Jan 38 38% 1,700 90% *98 33 Bell 7 10% 19% Beech-Nut Packing Co Belding-Heminway Mar 16 230 20% 91% 102 *32% Bell 64 22 Si 39 20% *10% 19 50 2 94 84 *38 *38 *10% 90% RR 22 Va Mar 13 24 2 2,000 *99 Inc— (A 93 13 16 Beck Shoe 8 29 I8V2 July 27 45% Apr 29% Jan 12% Oct Mills Beaunil 9 90. *91 V« Feb 76% Sep 1,700 151/4 —2.50 Aircraft Corp May 19 1 50% *15% preferred—100 ■___ 100 convertible 4 Va 'It. 4 31 3 "lO 50i '2 15% 50 4 38 20 38 *19% 37% 30 7 17 29 74 15% 10% Oct 29% Mar *71 47 37% Sep 46 Vz May 1,600 72 15% 37% 16 139% Apr 46,500 47% 72 47% 10% 17% Feb 4. 29% Jan 25% 47 72 15% issued" 87 16 25% 20 47% 37% lnc___ " when 33 V2 Jun Oct 11,700 *191/4 *71 37% Cigars oommon 17 25 1,500 5,200 a 10 20 72 —No par 93 Dec 31 1% Mar 47% *70 Beatrice Foods Co common—.12.50 14 14 25% 47 5% 391 *19 72 Bayulc 12 14 24% 47 *70 23 Jon 78% Feb Jan 24% 4 19% 40 90% July 28 1% Nov 24% 46 3 *19 38% JUiy ,u 13 16 » 9% 50 10 I Works 22 30 5% 33% 9% 19% 27 16% Oct Apr 5% 38% 9% 10 Corp new 94% Apr 22% Jan 5% 38 % 9% *'19 11% Feb 9% Feb 22 107 5% 37% 9%. ' 5 16 24% 5% 37% 19Va 37% JUiy 28 21 9% *19 50 100 —10 34% May 20 9% Feb 33% Apr 5% . (The) 1 ' 15 3%% 12 preferred Maine RR— ,Boston 87/8 July 29 13 39% Nov 13 14% Feb 21 47 V2 Feb 10% Nov 21. 36 Jun 4 25% Jun 17 25% Jan 2 Dec 1 9% Nov 17 14% Jan 25 15% Apr 7 22% Dec 2 Jan 18 38% Dec 35 30% Apr 24 37 33 35 7% July 28 • t Jun 15 27 18% Jun 4 Jan 9 103% Jun 4 24 Va Oct 21 27 Va J tin 95 2 34 Va Apr 35% Feb *50 33 23 5% 9 ■ Bower Braniff Roller 26 40 2,900 26 % 1,200 8'A * 8% 8% 1,300 35 36 "A 35% 35 35 "A 35% 35% 36 36% 3/200 36%' 36% 35 36% 35 38% Mar 11 Brlggs Manufacturing Corp—Nopar Briggs & Strut ton No par 36% 36% 37 Va 38 38% 38 % 1,800 26% Jan Bristol-Myers Co common 19% 19% 19 % 19 % 19 19Va 19 VB 19 % 19% 19% 4,300 2 91 May 28 15 20 99% Feb 9 ' 3%% preferred 5 22% Jun 45% Jun 9 54 14 11% Jan 2 13% July 20 Brown & Dec! 3 66 Va Jan Brown Shoe 27% Jan 29 Jail 29 .100 —— Brooklyn Union Gas 5% 2.50 22% Mar 17 Bucyrus-Erie 12% Jun 10 157/b Dec 81 Va May 12 29 Feb 26 50 Aug 16% Dec 16 20 Dec 14 Co 54% Mar 10 Buffalo 17 % Jan . 83% Feb 7 2 25 Va Mar 23 Bullard Co 35% Jun 22 43% Mar 2 2 19% Jan 3 12 July 92% Apr 14 74 Jun 10 91% Jan 84 Apr 18 67 Jun 10 78 I8V2 Jan 7 14% Dec 31 7 14% July 14 12Ve Jun 17 Jan , 15 8 125 Jan 21 135 28 39% Sep 2 35 Jan 9 40 1 14 Va Dec 31 12 83 V2 Dec 4 14% Jan 17 3 M*r Jun , 86, 8 July 1 22% July 27 Mar 16 12% Feb 26 27% Mar 20 104% Apr 14 108 Va Jan 4 Jan 19 109% Mar 10 19% Nov 12 25 V« Apr 4 18% Jun 15 24 Va Mar 12 Jan 2 22% Jun 16 105 12% *12% *60Va 62 *61 62 *61 17% 25 13Va *78% 50Vb 62 *60% 17% 25% 18% 18 18% 1,200 25% 25% 25% 5.900 13% 4.800 13% % *78% 13% 13 VB 131/4 13% 13% 78% 79 39'% 39Vb 33% 38% *38 % Burlington Mills Corp common—_1 4% preferred 100 3Va% preferred 100 12% 78'A 12% *67V4 1 Butler Bros 7% 10o 50 15 common 4»/a% preferred Butte Copper &>: Zinc Byers Co (A M). common 1% pfd preferred 100 5 *12'A *130 12% 12% 79% 600 50% 50%. 300 23% 22 V« 23% 14,100 39 *38 Va 39 200 12% 1-2 V« *78%. 80 78% 78% *78'% 79% *78 % 79% *67% 72 *67 % 72 *67'A 72 *67% 72 14% 14% 12% 12 V4 14% 12% 133 *130 40 *39 12% x!2% 12% 82 82 *80 82% 8 8 133 40% 8 14% 12% *130 *39 12% 12% *12% 82% *80 8 19% xl8% 18% *18% 5 24% 24% x24% 24% 106 105% *12'A •130 *79% 19'A 23% 12% 133 14% *39 lo 23% 14% 13 40% 22% 108 participating preferred——10o Byron Jackson Co 13% *79 51 72 40 12% 8 *50 79 22% *106% No par 100 18 39% prior 61 25'A *39% conv 61 18 5 Terminal Bldg 900 62 2,400 25% 22% 14% 12% 13 22 Vb 5 100 12% 24% 21% __ 23% 48% 12% 18 21% * 95 23% *47% 25 21 % new *92 ; 17% 13% 79 23 % 24% 21% 5% 79V4 July *12% 50% Bush 16 12% 79 19 15% Feb 12% «. *49% July 15 12% July 28 12% *78% Bush Terminal Co 24 26 Apr 12% 50 9 2 Apr 48 23 VB 79 Burroughs Corp Jan *47% 23% 50 3 95 48 No par Co 17% Feb 12 *92 *46%. 50% 21% Forge 30 33 95 23% 47% lo preferred Jan 118 1 7 *92 23% —Nopar Bulova Watch Co Iiic $5 95 23% 47% —1 common 9 Apr 6 *92% 23% 48V? 5 Jun 8 Jan Co 47 7 July (The) Inc 76 4 1 40% Feb Budd Bigelo.w Co 95 23% No par Brunswick-Bulke-Collender 28% May 20 16% Mar 25 ; *47.% 15 9 5 eonv _40 1 19 59% July 14 cum *92 Nopar com preferred 24% Jan 26 *39% 26% 8'A 42% Feb 17% Jun 8% Nov 13 19% Oct 28 40 % 39 7 V4 8 5,600 27% July 24 78% Jan 26 7% 24% 20% May 26 11% May 40 26 8 24 % 54% May 29 129 a ?6 % 50" 11,100 24 33 * 16 22 9% 24 23 Dec 9% 24 Oct 16 10% 23% 22% Oct 25 9% 23% 63 Vz Jan 37% 26% 7% 9% 23 % : 20 76 37% 26 % . 24Va Co 51% Jun 84% Jan 37 27 8% 8 9% 23% 12% Feb 7 9IV2 5 Brass 31 36% May 14% Nov *89% Bridgeport 11% Oct 13% Sep 15 76% Jan 7 91% 25% Mar 10 3 41 38'% *26%. 2.50 . Jan 17 *37% 5 Co__ Ine 9 100 Bearing Airways *89% V 100 preferred 2 7 Mar % Jan 100 & Common '' 10 *23% Nov 46 y4 Mar 11 21% Jan 12 Nov 21 13% Mar 19 23% 106 8 23 % 106 19'A 13 13 14% 12% 133 14% *12% 14.000 110 147% 4.900 12% 1,000 *130 133 40 40 560 12% 12% 13 1,400 81% *79% 81 40% 8'A 8% 8% 23% 23% 23% T05% 13% 107 40 8% 24 1,700 1 1,200 105% 105% 60 18 VB 18% *19% 19% 600 23% 24% 24% c 34% May 16 1% Oct 28 7% Apr 32% Jan 1 9 30 2 29 23% 24 24%, 22 1% July 14 3% Mar 2 5,300 Callahan Zinc-Lead 1 1% 2 1% 2 1% 2 1 % 1V« 1% 1% 17 4,800 7% Jun 9% Mar 2 Calumet & Hecla Inc 5 7% 8 7% 8 8% 8'A 8% 8% 8% 3% 12 23 23 22% 22% 23 23 23 % 231/4 23% 23% 12% 12% 12% 12% 12% 12% 12% 13 12% 13 94% 94% *94% 95 *94% 95 *94% 95 *51% 53 Dec 11% Jan 95 43% Jan 19 51 Sep 5 *16% May 26 20 Jan 11 Jan 7 14 16 22% July 28 27% Jan 13% Mar 10% Jan 9 90 Jun 3 102 46% Jan 22 52 Jan 9% Oct 15 16% Oct 9 40% Mar 31 56 46V4Jun 9 54 11 Jun 9 13% Jan July 16 Apr 3 16% Jan 31 18% Jan 30 For footnotes see paee 17% Jun 29 3 30 May 28 17% Apr 24 24% Jun 16 26 *46% Nov 25 Packing Corp 3% Jan 4 17 California 10% Jan Dec 31% Nov 2 26 July 17 89 27% Jan Campbell W & C Foundry No par Canada Dry Ginger. Ale com—1.65% $4.25 conv preferredj, Canada Southern Ry Co Breweries Ltd 20%.July 27 Canadian 34* 5 Canadian 5 Cannon 30 Jan Jan 29 May 27 19% May 25 Pacific Ry Carey *93% 95 100 *51% 20% 25"a 53 Nopar 25 Mills No par Capital Airlines Inc Carborundum No par (The) 48 (Philip) Mfg Co 12% 26% 17% 17% 20 51% *51% 53 *51% 53 20% *20% 21 *20% 20% 20% 20% 500 25% 25% 25% 25% 25% 25% 26 26% 34,600 48 48% 49V4 *48 "A 491/2 48% 48 3 *48 10 , , 4 400 11% 12 11% 12 11% 12 11% 12 V8 8,300 26% 26% lo 1,500 51% 48 12 5 9,100 14,900 *20% 20% 26Vb 1 Co ... 26% 26% 27'A 27% 27% 27% 28% 1,500 17% 17% 17% 17% 17% 17% 17% 18% 3,300 24. i I Volume 178 Number 5243 .The Commercial (395) an|Z Financial Chronicle NEW YORK STOCK RECORD Lou est Highest 104% Jan 5 20 9 41% Dec 10 39% Oct 30 53% Jan 28 21% Jan 23 39% Jan 116 42 6 2 Mar 43 49 Apr Carolina Jan 4 16 Clinchfield & Ohio Power Carrier, Corp 36% Dec 4 34% Jan 45 % Mm 5 10 58 Dec 4 55% Jan 5 72 Mar 5 Conv 72 Dec 4 69 Jan 5 89% Mar 9 Conv 10% Feb 14% Dec 3 12% Jun 16 22 Oct 142 20 30% Apr 21 Nov' 3 14% Mar 27 16% July 15 18 2o Jun 19 143 Jan 119 154% Aug 21 33% Oct 50% Jun 19 7 96 % Jutl 23 66 51% Jan 2 5 150 % Feb 26 118 94% Nov' G 110% Jan 2 78 24 19 % Jan 2 16% July 29 15 17% Jan 28 15% Oct 7% 133% Jan July 21 68 12 Jun 104 % 37% 38 % 38 42% 43 43% 43% 43% 43% 40% 41% 40% 41% 40% 41% 10 Corp 2nd 66 *64 83 *80 83 13 % 13 13 18'% 17% 18 50 % Celotex 19% Mar 25 5% Corp preferred Feb 24 16% Mr.a 18 19% Feb 19 20% Central ^guirre Sugar Co 23 9 % Feb 14 5% Jun 10 7% Feb 26 Central Foundry 17% Jan 7 35% Dec 8 31% Apr 20 40% Jan 22 Central pf 47% Jan 17 68% Dec 8 22 62%.Apr 29 11% July 14 73% Jan 130 Dec Central Hudson Gas & Elec 35% Jun 16 42% Mar 25 Central Illinois 97 Jun 12 16 20% Mar 12 - 6 , Jijly 27 23 22% 118% 79% 17 16% 16%. 16% 13 3G 40% Aug 38 Apr 24 110'% Oct 8 Jan 104 2 Jan 110 20% Mar 15% Feb 24% Oct 20% Jun 15 28% Feb 24' 28% Feb 24% Oct 9 20% Jun 4 17 20% Dec 1 18% Jun 10 31 21 Feb 6 11% July 13 Feb Jan 29 7% Jun 16 58 % Feb 8 22% Jun 30 13% Oct 23 1 13 Jun 16 28 S 30% Apr 28 37 38% Jan 5,' 16% 16% .1,900 *163/a 16% *16% 16% 100 20% *20% 203% 1,200 16% 16% 16% *16% 16% *20 Via 20% 20% 20% *5% 20%; 600 38% 39% 4,600 100 71% 713% 703/4 70% 71 71% 713% 72% 72 72 1,300 11% 11% 113/a 11% 11%" 11% 11% 11% 11% 113/a 6,200 * 37% 37% 37% 37% *37% 37% *37% 37% 37% 37% 100 102% 102% 102% 102% 102% *102% 103% *102% 103% 50 Illinois Public Service 10 18% 18% 18% 18% 19 19% 19% 19s% 19% 9,000 50 *23% *23% 23% 23% 23% *23 % Light common, 1 — South -& Violeta de Cerro Chain Belt 103 18% 24 ♦ ' ■ • 6 * = f ■ 23% *23 23% 19% 193/a xl9 19% 19% 12 *11% 12 11% Products 24 *7% 8% 7% 75/? *7% 5 23% 23% 233/a 23% 1 13% 13% 13% 13 3/a 13% 13% 32 32 32% 32% 32% Co 10 24 23% *23 % 24% 200 19 % 19% 19% 10,600 12% 11% 12% ; *11% 23% Corp 200 *23% 19 11% a 400 24 *23 19% *11% No par Corp . 23 3% 233/4 5 50 Co ;,5%r ■ . 9.50 Corp—. West Sugar Pasco Certain-Teed 3' Feb 16% No par Century Ribbon Mills 15% Mar 20 33 % Oct 16% Apr 42 ' Feb * 16%, 6 ' Class' 13 % Mar 12' 9 10 9 20 3,200 16% ■ 79% 39% Central 3 28,200 79% 38% Central Dec 24% 119% *118 79% *5% 17% Mar 16 Apr 24% 243% 1193/4 79% 38% 22 % Mar 27, a 300 37% Central 2. x34 6,100 37% 25' 20 15% Dec 52 101 Central RR Co of N J class A 24 1G% Apr 80 51% *100% 51% 23% 6,100 126 126 101 *118 900 18% 79% 20% 4%%* preferred'—. 17% Jun 15 51%. 5% 6 18 200 ;3 127 *100% 20% 5% 13 18% 127 *16% 6 12% 37% 6 21% Nov 25 9 18 84 38% , 19% Oct, 29 5 500 65% *82 38 Georgia Ry__ preierred series B_, 5% Mar 27 13 7,300 65% 12%. 1 1 ; 10;% Jail, 29 41 % 413% 66 82 .—20 Co__ 41% 66 —_5 _—— 900 82 .119% 80 44% 23% *118 79% 16% No par 19% July'30 22% 118% *44 41 I 101 80 1,000 44% 52 101 79% common—,.—No par Oct Oct 10 23% 119% *118 50 383% 44 127 51% 101 101 < *125 51 50% 101 22 % 100 127 *125 51% 101 100 4%%\conv preferred series A_100 J (in 125 104% *37% 13 17% 123 *103% 104% , 18'/a *12% Shares July 31 38 *103% 66 *81 17% 12.50 I *64 83 13 common-——10 preferred-,. 64% *80 1 l'„— 104% *64 Celanes'e Corp of" Amer cOm__No par 38% Jan 22% July 28 30 131% Dec* *103% 38 100 4.20%' % the Week Friday July 80 38 common— Tr&ctor Prefeired 103 Sales for Thursday 5 Co common— Caterpillar Feb 105 (J I) * 104 PRICES July 29 38 % 7% "preierred 65% Jan 31 2 3 Dec 104% Aug 47% Jan 99% Jan 5 Jaii 103% SALE Wednesday 38 % 1 General HIGH July 28 par preierred 4%1 series—50 preferred 4.80% series—-50 Carriers, & Case Ry_100 Light—No Carpenter Steel Co 57% Oct '16 * &• AND Tuesday July 27 Par Carolina 113% Mar 19 10 34% Jun Monday EXCHANGE Highest 103% July 20 Aug Feb 34 LOW STOCK YORK NEW Range Since Jan. 1 Year 1952 Lowest Continued—Pago 3 STOCKS Range for Previous 15 200 100 *7 3% 8 2=1% 24% 25 6,000 1 13% 13% 13% 13 3/8 4,100 32% 32 32 *313% 32% 400 30% 30% 30% ' 29% 30% 1,900 99% 99% 99 100 150 6y8 6 6 3,000 8 8 *73% 2* * Champion Paper & Fibre Co15 30 16 18 105% Oct 21 92% Jun 22 23 8% Jan 17 5% Jun 16 May 17 34% Jan 26 27 % 98 28 30 1 July 24 $4.50 31 % Feb. 4 10 34% Jun 16 41% Feb 2 Dec 23 80 Jun 3 85%'Jan 9. 1G% Fell 20 23% Dec 23 17% July 29 23% Mar J 3 22 % 27 ' Jun 33% Jan 2 39.% Dec 81% Jan 4 88 20 23% Jan 17 21% July, 7 17% Jun 16 21% Mar 18% Feb 20 28 % Dec 12 18% Jun 10 26% Jan 17 34% Dec 1 30% July 29 34% Jan 21 12 % Mar 1 18% Dec 17 14% Feb 18 Jan 6 10 July 22 Jan 13 /Apr 23 51% Jan 16% Feb 17 10% Dec 1-5 24 27 51% Dec 23 Jan 16 20% Apr 26 32% Feb 20 45'A Apr 34 15 / 62% Mar 19 Chicago. 68 72% Nov 11 95" 18 12% Feb 27 30 76% May 27 25 10% Jun Jan 95 14% ,Feb 3% Feb Noy 14 29% Nov G8 % ■' 5 Fel> 27 24 48% Jan'25 98 * Dec 1 o'l-i V CD 9% July 14 Mar 12 13 .Jan 5 96%'Jail 2 Chrysler Corp Gas Cincinnati 19% May 19 6 Jail 102 35% Jan 22 51 16 30% Feb 16 11 July i5 95% Jan 14% Jan 9 92 Jan Jun 10 Jan 12 21 Oct 102 33% July 4 90 30% Jun 1 35 Apr 4 Dec 29 56% Sep 9 7 5 80 21 110 105% Mar 12 Apr July 14 Cleve 109% .Jan 12 19 . 71 G5% Jan 14 75 Dec 26 44 Sep 3 1 Jun ' 8 42 29 37% Jail Jun 75 8 20% July 23 Jan Climax Clinton 36 2 22% Jan 81% Apr 3 91 Jan 18 89% Jun '12 95 3% Oct 24 6% Jan 2 2% July 24 <r> Dec 102 Jan 7 28 % Apr 136'% Aug 5 129 Jun 6 24 Feb 4 78 Jan 2 117% Jun 13 32% Jan 88 3 4 108 40"% Jun 23 Jan 2 -17% Oct 15 87 Oct 16 41 Jan 18 -39 Jan 8 38 Jan 33 Jun 17 47 % Dec 4. 32% May 25 136 : July 24 87 May *4 22% July 2 22% Feb 7 59 % Mar 27 *2 24% Feb 27 875 Jan 6 67 2 59 Nov 28 55. Jan 6 8 65% Mar 24 45% May 22 9 45% May 22 38% Jan 38 % Jan' 1 39% Feb 1 16% Jan 11 12% 13% Jan 15 11% Jail Nov 26 61% Apr 4 10% Dec 5 56% Jun 11 42% Jan 3 63 July 15 59% Mar 41 Jun Mar 24 15 5 Jan 29 16% May 22 6 51% Mar 17 26% Mar 16 19% 7,900 42 5,300 52'% 52% 2,400 70% 71% 91% 91 91 91 91' Columbus 7 22 38% Jan 6 Commercial 2 2% *2% 25 25 9% 9% *9% 9% '9% *25 25 70 10 28 *25 28 ' *9% f " No par 10 !5 _100 20 18 70 * 26 25% eom_No par ■ .»' 93 47 25 80 78% < 78% T *31% 31 3/<{ 31% 16% 16% 80% 79% 36% 36% *12% 31% 35% 36 200 92 *87 *87 90 49% 49% 104% 1033/4 gtd—50 stock—50 71% *42 *42 , 20% 73 *72 44 *71% 44 71% *42 20% 20% _No par 1 38% 38% 38 38% 38% 28 27% 27% 27% 100 92% 92 % 92% 92 92% preferred- No par (The)—j. Corp-—No par *2% 2% *2% 2% 2% 31% 31% 313/a 31% 31% Iron corn—-100 common—No par -No par Ohio Elec—5 Engineering Inc.No par Co 10 Credit No par Solvents *131 133 134% 132% *84% 86 *84% 85% 114% 114% 113% 114% 133 840 *840 *84% 113 43% 43% 5 Consolidated Nov 25 100 Jun 15 110% Jan 91 Jun 10 102 27 113 97 % Jan 19 105% July 15 Apr 22 16% Jan 18 10% Aug 13 16 11% Jan 23 64% Feb 4 106 13 Feb 27% Sep 8 9% Oct 15 9 43 43% 42% 43% 43% 42 % 13 13% 13 15 15% 15 61 61 44% 44% 34 % Jan "102 11 12 423/4 42% 15% Apr 1 433/4 1,400 23% 24% 24% 24% 3,500 43% 43 43 43 433/8 433/a 43% 44 44 1,400 32% 31%. 60 43% 24 24 *42 3/4 60 43% 31% 31% 31% 31% 313/4 32% 32% 32% 5,800 18 18% 18% 183/a 18% 19 19 19% 7,700 7,500 18%. ; 18% 6 Consolidated 14 Feb 6 10% Jan 6 Consolidated Textile 16% Jun 10 22% Feb 3 Consolidated Vultee 2 12 35 % Apr 23 38% May 18 99 Jun 19 109% 99% Jun 18 108% Feb • Jan 2 110 102% Jan 3 109% Nov 26 May 16 9 * 2 43% Dec 31 36 Jun 17 Jan 17 103% Feb 8 93 Jun 23 16% Jun 12 19% Dec 4 18% Jan 2 89% Dec 18 96 Feb 7 90 41% Aug 19 46% Dec 31 92 99 31% May 99 Jan 5 108% Sep. 16 117 For-footnotes see Jun 116 Feb nage 8 24. July 28 45% Jan 13 May 20 112% Jan 16 87 45 Jan! 8 Jan 5 30 102% Feb 11 25 % May 21 95% Jun ! 4 55% July 3 8 3 100 Inc 1 10c Aircraft 1 Co 1 24 23 23% ■ *60 34 * 6% 24% V2 34 34% 34 34 34 1,600 343/8 34 3/4 6% 34% 34 34% 34% 34% 8,600 % 6% *6% 6% 1 34 341/4 34 34% 1 24% 6 400 25 25 25 4,100 223/4 22% 23 23% 4,000 *29% 2i>% 24% 233/a 22% 23% 28 3/a 28 3/a 29 ; 29 7'% 7% 7% 8% 8% 8% 8% 8% 38% 38% 38% 38 3/a 38% 38% 38% 38% 38% 106% *106% 106:% 106 % 106% 106% 106% 106% 106% 1,300 25% 9,800 7% 38 3/a 106 3/a « 28% 73/4 *94 13% *19 3/a 21 > 25% . . 73/4 7% 9 3/a 9 3/a 9% 17 3/a 17% 173/a 38% 3 8 3/a 38% 23 91 52 52% No par Continental Can Inc common 20 $3.75 preferred 1 No par $4.25 conv 2nd preferred—No par 49 *20 102 39% *100 *92% 119% 25% 25% 104 *7% 4% preferred 100 Continental Baking Co com—No par preferred 33% *60 603/4 23 % *27% *102% $5.50 24 24 24% No par $4.50 preferred .' No par $4.52 preferred ! No par Container Corp of America com—10 Consumers Power Co com * 97% Jan 126% July 6% 34 11% ConsQl RR of Cuba 23 140 61% 43% 49 3/a 5 38% Dec 3,500 24 113/4 2 12% Jan 23,700 15% 24 49% 27 20% Dec 700 13% 15 44 *11% Inc 43% 13 15% 24 *13% Stores 43 13% 43% 13% series B_i Retail 43 43% 60 % 95% Jan 10% Jan 42 % 24 95% 38% Jan 20 43% 43% x60 % *94 13% Apr 7% Feb * 43% 15% 13% 15% 423/4 13 42 % 13 15 70 1.700 423/4 42% 13 % t 42% *60 ; *29% 300 29% 16/100 -s 14,000 I • 5 20% July 16 3/4 43 *102 G%" pfd 50 500 603/4 25 % 16 • 57% 1,600 59 % 102% Jan 58 57 *60 25'/a 48 % Jun 11 6,300 *583/4 102% 24 Mar 26 Preferred 4%% 18% 603/4 Light & 16% Apr 7 1,800 18 58% Com—No par 13 13 % July , 15 Mar 24 16% Apr 39% Dec Elec 100 Prefeired 4% series. C 100 Consolidated Grocers Corp—1.33% Consolidated Laundries Corp 5 Consolidated Natural Gas 15 " 52% Oct Gas Power Co of Bait 18 58% 7 Jan 83 18 58% 2 28 44 83 18 .*57'/a 25 10 44 83% 60 19 23% Jun 443/8 59% 28 31 44 58 23% Oct 27% Dec 3,300 *875 *875 44 *57 21% Apr 23 20 86 113% *60 2 25 % Oct 113 *58% 59% *60 18 5 132 *85 114 59% 603/4 10% Feb 4 *131% 85% 114 60% 593/4 28% Jan 40% Feb 133 *85 58 59 >60 10 109% Jun *131% 86 114 58 *58 *59% 6% Dec 2 133 17% 6% 10 4,000 UK *6% 34% Jim 32 173/4 6% 103 % Jun -31% 17% 37% Mar 16 19 1,700 32 2% 17% 17 39 % Nov 3 31% 2 :i/4 17% 32% Jun 109 % Mar 27 470 2% 32 18 31 2 2% ' 7,900 15,200 " 17% 35% Dec 32% July 18 92% 83% 26 xl06% Jan 28% 92 % 6,000 40'/a 28 *17% 35 % Dec July 28 40 28% 921/4 39 17% 343/4 7 % 40% 27% 92% i 60 21% 83% *83 34 25 43% 20% 17 % 34 12% Jail *42 17% 83% 34% 1 150 '73% 17% *83 33% convertible 20% *875 — 43%, *333/4 7% May 3.200 *72 20 % 20% 273/4 91% 34% 15 90 50 104 43% *42 39 26% , 333/4 30 25 43% 20% 33% Feb 49% 104 200 72 72 73 20% 34 % ■ *87 49% 104 60 2,400 " 33% 11 90 *87 49% *1033/4 preferred 25 $1.40 conv preferred ' 25 Conde Nast Publishing'Co—No par Cone Mills Corp —10 Congol£um-Naim Inc No par Consolidated Cigar 1 -No par Consolidated Coppermines Corp—5 Conso.l Edison of N Y com—No par $5 preferred J. ———No par 31% Jail 90 *160 200 49% Commonwealth Edison Co com—25 24% Jan 35% 35% *160 104% 49% 103 900 81% 36 *160 49% 1,400 16-% 16% 81 200 104 1,100 32 163/4 >160 49% 32 , 81% 37% Mar 16 10 15,200 12% 99% 163/4 37% Mar 17 10 83% *98 *8034 200 104 32 31% 420 -1,900 10,900 163/4 22% Jan 22% Feb 31% 4 26% 12% 12% 102 *98 13,100 93% 48% 82% 823/a 12% 12% 18 48 26% - 81'% 17 27% Jun 200 39,100 93% * 163/T 17 July 48 80% 80 3/a 35 27 31% Feb 18 93% 47% *80% 18 6 18 17% 93% • 102 36 32% Jun Nov 18 35 32'% Jun 27 500 73% 163% *80% 11 ' 600 .a 28 81% 16% 80% 31 3 93% 47% *98 •31% ■ 7% 17% 93% 793/8 102 *98"— 31 27 71% 71% " 102 34% Dec Mar *26 2o% 12% 12% 12% *12% *98 34% Dec 8 70% 2;>*/4 35 % Jan 27% Jail 28 70% 47% 1 * '/ ♦; %7% 2 24 ■ 10 *25% 28 *25 17% 93 46% - 173/4 92% 17% 92 '.46% - 14 6% July 21 *9% 10 70% 69% 70% - 27 23 % Apr 200 2% 32% Jan $1.32 700 *2% Southern Commercial 921% 2% 23% 30% Jan Apr 8,700 91% 2% 1—1 Combustion 100 73% 91% • 69 72% *2% common., conv & 11 31% Jun *91 69 72% 71"% 2% Carbon. Co 39 % Jun ' 70 *68 70' 71% 1 Pictures 23 % July *68 70% 2% $4.25 cumulative preferred-No par Columbian 70 *67 70 72% —1 100 4% iioncumulative 2nd pfd—100 Columbia Broadcasting Sys cl A-2.50 Class B 2.50 Columbia Gas System Inc No par 13 17% Oct 19% 41% 52 ' 8% noncumulative 1st pfd 30 38% Aug 19% 42 513% 17% 27 % Aug 20 19 '/a 413/4 51% 18 44% Jan 34% Oct 19 3/a 41% 51% No par 2 Mai 25 19 41% 51 83 % 14 46 19% 41%' 50J/e 83% Nov 2 18% 40% 51% 43% 20% Jan 37 19% 11% Corp Columbia 9,300 41% 43% 63% Mav 27 16 14,300 ' 19 Colgafe-Palmolive-Peet corn—No par $3.50 preferred ———No par Collins & Aikman Corp——No par 4% 1,200 17% 46 % 83/4 RR Inc & 83/4 17% 45% 11% Clueff'Peabody" & Co com—No par 7% preferred 100 4%' cumulative 2nd preferred—100 Fuel 83/4 173/4 45% ' 8% Colorado & Southern Ry 55- 40% Feb 17% 45 11% 66 % Mar 24 10 12 4 17% 45% •*8% 20% Mar 17 53% Feb Dec 3 cum 8% 17 % 44% *11% Colorado 60 29 Pitts Internat'l 13 13 % Oct Clopa.y 8% 17% 44% 8% ■ Co 89% Jan 32% Jun *8% 83/4 16% 44% 11% No par • Coca-Cola 47%, Jail . 8% 83/4 9 17% 45% 11% _— Coca-Cola 8 July 13 1,100 *83/4 Corp 6 Jun 17 1,000 15 *91 —J—_100 10 20 10 80. 31 14% 8% —1 Jan 6 7 17% July 28 9 31 14% Electric— & 125% Feb July , 30% 14% 11% Illuminating Foods 4J/a % 23- Feb 42% Jun 24 Apr 95 Jan . Jan 874 30 3/a 14% 11% Molybdenum—: 43% Mar 20 28 % July 30 9 25 % Jan 75 30% 14% *83/4 Clevitd Corporation 2 39% Dec 700 30% 15 8% guaranteed 4% Special 800 7,100 31% *87 19 ' 1 24% Oct 22 3 130% Jan 15 25% Apr 21% *30% iioncumulative preferred—100 & 21 *143/4 *160 Cleveland 44% Mar 19 I 18% Mar 18 29% May * , Mar 23 21 11% _i $4.50 preferred ■. j " s j" ■ *20% 5,300 30% 100 Elec 20% 11% Equipment Co new— & St Louis Ry Co coirj 5% '8 90 53% Jan 19'/a j4% 71% C C 16 Jun 20% *67 Clark C 24 18% 41 6 10 , 20% *50% '6 Feb 100 4 20% ' 9 47% Jun 80 20% 8% Apr '44% 158 24 19 *8% 5%% 5 24 183% 1—10 investing.Co c6ni!non__r_-. City *233/4 No par Cities Service Co— \ 16% .July 24 Mar 24 74% Jan 18% ! 1 1 Financial T 18% 16% preierred City Products Corp-— No par City Stores Co common *— 5 4%% convertible preferred 100 83% Feb July 28 -48% Feb 2 33% Mar 9 152 155 I' 24 18% 12,500 83 17% 44% •Cincinnati. Milling Machine Co C 24 18% 37% 17% 14% Jan 102 18 Jun 77 Mar 27 * 23% 183/a v 19 15% Feb 1 22 48% Dec 12 I'eb 95 .14 July 2 Sep.10 18= 14% May 12 7 .79% Nov 40% Dec 28 2 Jan 23% 37 % *81 % 84 17% ' _1 Common j 4% preferred ; 4 14'A Dec -30 8 28% Jap Jan 114 22 9 140 25 7-7% Jun 3 37% Dec' -4" 31% Jun 89% Oct Dec, 17% Jun '91% Jun 24% Jun 103,; 94% Jan 24 27% 37% 36% *81% 18% *273/a 28% 30% preference—No par CopperyCo_ „ 84 *273% 17% 100 (Jiiuds' to common 5% convertible" preferred Chile 39 July i3 . 69 % July 28 30 1J 37 17% *20% _1()6 eom_No par Clhckasha Cotton Oil - 36% 18% com__No par Chicago" Yellow Cab 7 11 10' * 10 convertible 28% *81% 84 27 3/a 175/a (A! Pneumatic Tool 37% *81 % * 6 24 Chicago Rock Isl & Pac RR—No liar 5% conv preferred series A_ 100 12 9% jail 3 24 2% July 14 4 % Mar 12 $3 82% Mar 13 '9 ' 8% July 6 Jan ' 8 18. Oct 2% Oct 19 89% Jun 3 • Jun 65% Jan Western preferred series 5% 6 17% No par pfd__J noncum 363/4 37% 28% 100 53/4 18% 40 , Ppul & Rac & North 21% May 21 42% May 21- Chic 18 10 July 25 23 St series A 35% Feb Dec — *99% 5% *27s/a 84 17% par No par Milw 5% 49% Jun 8% Sep * Chic 2' 42% Dec 30 81% Jan 13 Jun 75 9 Jan 16 56% July 23 ' Gl% Apr 28 49% 7 May 42 Mar J 9 36% 30 100 .53/4 28% *81 % 29% 29 100 6 *27% preferred—100 Class B 6 22% Jan 28 X39% Feb „! A 29% 100 *5% Chicago Corp (The) 1 Chicago Great Western Ry com—50 5% preierred 50 Chicago Ind & Louisville Ry cl A_25 24, 16 8 18 Oct 18% Oct 7 10 convertible Class 5 28% Apr 3%% Chicago & East 111 RR com__No 26% Mar 17 15% Feb 20 29% 100 preferred—— No par Manufacturing 1.25 Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common—25 - Checker Cab 7% Mar 27 July 14 * Common Jan 103 % Jau 32 26% Jun Jan 5% Oct 22% May *102 25% 25% *102% 104 *94% 133/4 13% 12 49% 493/4 20% *20 7% 7% 9% 9% 17% 17% 38 3/a x 37 3/4 49% 21 7% 9 % 50% 21% *9% 17% 17% 38 38 102% 101% 10 95% 13% 12 *7% 104 *94% 13% 49% . 13% *20% 12 *102 95% 12 13% 11% *94% 95% 25% 25% 104 133/4 1,400 12% 400 50% 4,200 *12 49 . *21% 7% 8 9% 9% 22% 73/4 9% ! 1 18% 7,500 37% 38% 6,400 1 102% 510 '( 1 1 T M 18% 1023/4 102 Va 103% *103 104% *102% 104% *102% 104 J/4 50 40 40% 40 40% 40 Va 40% *39% 40% 3,0G0 100% *100 100% *100 100% 23 % 23 23 23 23 91 90 90% 90% 90 3'4 91 91 90% 91 51% 52% 52% 52% 52 3/4 53 52% 533/s *100 100% 233/8 1 jfl 4 1 1,500 103% *23 1 1 101 % 18% 38 % 102 *100 i 1,100 103 40 100% \ I ' 1 *23% 23% 1,000 *92 % 120 94 120% *92 119% 94 119% . *22% 121 % 94 121 % *92% *10; 100 94 *122% 123 1 300 " 96 120% 1 J "1 '! 103 101% ' 4 330 1 16 The Commercial and Financial Chronicle.. .Monday, August (396) NEW YORK STOCK RECORD 10 10% Mar 17 18% Jun 30 17% Jun 11 20% Mar 17 6 10% Jun 18 13% Mar S Continental 26 % Nov 28 67 Jun 16 82% Jan 1 Continental Insurance 8% Jun 10 3 30 52 Nov 15 17 68% Apr 16 8 10% Jan SI 16% Feb 11 15% Feb 81 % Nov 10 30 7% Apr 75 19% Oct 28 Apr 25 2 66 % Jan Jan 18 31% Aug 13 18% Oct 22 29 % Jan 2 28% Jan 25 2 12 51 % Jan 14 22 23% Jun Dec 17% Jun 10 Oct 23 19% Jan 22% Mar 21 66% Nov 5 Jan 16 Jan 23 9 58 Apr 65% Feb 1 Jan 10 166 6 25 Jun 73% May 21 172 : Mar 31 Jan 5 12 4% Nov 26 3% Jun 17 5 Jan 1% Oct 16 2% Jan 3 1 % Jun 15 2 Mar 28% Oct 30 38% Jan 25 911/2 Jan 9 70% 70% 70 70% 70% 71% *70% 71 70% 70% 2 Crane Co Creameries 19 27 Dec 12 25% Jan 2 27% Mar 12 Cream of Wheat Corp 22 19% Jan 28 12% Jun 15 15% Mar 13 36% Feb 8 28 Jun 10 34% Jan 15 26% Jun 16 31% Apr 9 103% Jun 13 91 Jan 16 39% Jan 30 27% July 28 33% Jan 6 30 78 89 103 May 18 11 Jun 22 51% 51% 51% 51% 51% 1,000 20% 21 20% 20% 21 21 21 % 21 % 21% 213/a 1,600 20 Sep 49% Jan 24 6% Jan 2 68% Jan 7 180 Dec 12 28 Zellerbach 1 - Jan 7 10 24 21 24% Sep 19 79% *93 94% 132% Dec 34% Jan 2 3 67% Feb 6% ' 2 27% Mar 20 2 23 138 Apr 17 Cushman's Sons Inc 1% Jun 10 48 Jau II Cutler-Hammer 2 39% Dec 23 32% July 30 2 Jan Jun 85 8 6% Jun Jan 92 *4% 4% *4% 4% *4% 4% 300 1% 1% 1% 1% 1% 1% 1% 2,000 28% 28% 28"% 28% 28% 22 13 13% Dec 22 14% May 19 15% Mar 11 36% Dec 12 13% July 13 33% Feb 31% Jun 19 393% Jan May 15 58% Aug 13 49% Jun 8 16% Aug 6 133/4 Jun 10 36% Dec 12 33% Jun 24 33% Feb 19 57 26% 26'% 26% 26% 26% 26% 26% 26% 26% 26% 1,000 12% 12% 12% 12% 12% 12% 12% 123/4 12% 123/4 3,900 29% 29% 29% 29% 30% ♦30 3/4 27% 28 4 163/a Jan 6% *28% 24% 323/4 33 323/4 *88 2.50 Dayton Power & Light common Preferred 3,75% series A 3.75% series B 92% Jan 21 99% Jun 9 86 Jun 3 97% Feb 11 Preferred 3.90% series C 100 17% Oct 22 24% Feb 8 19% Jun 16 23% Feb 2 16 9% Jan 14 83/4 Jun 30 12'/a May 14 36% July 14 47% Jan 4 23% Jun 4 303/e Jan 28% Jun 18 33% Jan Aug 7 15% Jun 12 26% Nov 17 45% Jun 15 52% Feb Delaware 12% Jun 15 153/a Jan Delaware 3 Jan 2 52 11% Oct 15 313/4 Jan 43 23 Apr 18 Feb 27 23% Jun Deere Co & 7% 50c Mar 173/o Sep 23 4 3 55% Feb 30 74 23 81% Apr 17% Feb Dec 243/4 Jan 22 Jan 85% Dec 95 13 5% Jun 19 17 25% Dec 12 24% Jan 66 17 61 Nov 6% Jan 11 18% Feb 21 Oct 31 163/4 Jan 14 18% July 11 20% Oct 16 27% Jan V 29% Oct 31 106 % Apr 29 38 % Nov 18 Apr 24 43 Jan 114% Feb 21 25 28 97 July 30 98% July 31 10 24a/fl Mir 23 18 27% July 30 July 24 3% July 28 13%.July22 18% July 19% Jun 19% Jun 5 33 108 19 95% Jun 9 52% Mar 31 323/i Jun 24 12 8 353/o Jun 23 30 Jun 143/4 Jan 3 11 July 24 8 8 Nov 29% Feb 13 21 10% Jan 8 16% Jan 16 52 , Jan 22 3 34:,/4 Feb 13 4.40% 14% May 25 12% July 30 1 10% Apr 28 13% Feb 25 Jan 2 283/u Mar 27 3 8 Jun 16 26% Dec 12% Jan 39 Dec 1 31 % Jun 9% Jan 12 12% May 13 11 Jan 7 24 17% Jun 16 Aug 13 4 13 39% Mar 133/4 Feb 4 26 23% Mar 10 $1.50 Cup Co 27 44 % Dec 8 33% Jun 10 43% Jan Dow Chemical Co 94% Jun 29 1023/4 Jan 15 17% Jun 10 243/4 Jan 5 17 833/4 Jan 14 Feb 13 80% Jun 11 84%> Aug 25 78 J-n 32 22 47 25 36 July 29 Jan 9 % May 19 Nov 13% Aug 29 9% Jun 43 1 97% Dec 8 119 3/, Apr X92 % Jan 8 15 91 109 Jun 10 123/4 Jan 2 10 100'A Jan 30 45% Jan"10 July 25 3 Jun 4 893/4 Jun 23 97 25% Jun 99 10 27% May 18 118% Jan 19% 46% 46% *46% 4 6 3/4 13% 133/4 13% 13% 23% Cigar (EI) 6 163/4 Feb 23 97 Apr 25 89 23 Dec 29 20% Jun 102 Jan 14 89 123/4 Mar 11 17 443/4 Jan 24 65% Dec 31 l3/4 Jun 20 2% Apr 16 43% Mar 18 34% Oct 22 10% Nov 24 24% Apr 15 Sep 18 83 July 1 2 May 26 133/4 July 20 42% July 22 1% Jun 11 29% July 3 94 Feb Feb 11 17% Feb 24 67 Mar 12 2% Apr 15 373/4 Jan 9 16% Mar 19 11% Jun 32% Dec 30 48% May 13 483/# Jun 16 25% July 29 61% Jan 18 49 603/4 Jan 49% July 23 60% Feb 38% Jun 31% Jun 87 % Jan 8 17 % Jan Oct 19 3A Jan 26 2 May 94% Apr 20% Jan 5% Feb 17% Jan £2% Jan 61% Jan 11 16 11 16 Jan 26 33% Feb 4 15% Jun 16 18% Mar 2 Emerson 19 14 Jan 6 26% Feb 19 26% July 2 89% July 28 20 3/a Jun 4 293/4 Feb 8 6% Jun 16 23% Nov 24 18% Jun 16 70 Dec 31 68% Jun 9 73 Not 34 70% Jun 15 7% Jan 3o 22% Jan 600 34% 32% 32% 2,800 400 11% 11% *11% 11% 300 11% *11% 11% 11% 11% 1,800 27% 27% 27% 27% 27% 273A 11,700 11% 11% 27% 27% 27% 8 8% *8 35% 8 % 8 8 *35% 36 36 8% 8% 8%. 8% 900 35% 36 3/8 36% 36% 1,300 99% 19% 100 *78 *36 99 19% Corp Electric *111% *91% 443/4 48% 50 *46% *9% 9% 9% 20% 20% 20% 20% 23% 24 23% 233/4 42% *160% 40% 1 *21% 100 42% 42% 49 44% 44 44 433A 43% 140 48% 48% 800 47 200 49 2034 21 23% 23% 15 *14% 9% 300 20 3/4 203/4 2,400 24 24% 8,600 14% 15% 9% *93/8 20% 20 34 23% 23% 15 *9% *14% 500 12% 12% 13% 1,200 42% 42% 42% 42 % 42% 42% 423/4 18,500 1623/4 100 403A 4,500 23 1,400 162 *161% 162% 162% 41 40 34 41 41% 413/4 X40% *21% 22 22 22% 22 % 84 *83% 85 *83 % 85 83% 83% *83 3/a 84% 410 22% 22% 22% 23 223/8 23% 10,100 22 3/a 95 *91 13% *91 *13% 42 3/4 43 162 162 22% 95 13% 95 *91 *13 % 1% 1% l3/4 31 % 31% 11% 11% 25% 253/4 253/s 25 % 25 % *49 50% *49 *49 50 *49 , 323/4 33% 323/4 15% 15% 15% 12 *49 50 % 15% 15% 51 32% 33% 8,300 16 16 163/a 2,800 90 90 903/4 213/4 21% 22 6% - 17,600 23 90 300 27 6"% 73 123/b 23 21% *68% 15% 26 3/4 6% ' 51 33% 12% 21% ,73 51 15% 26% 89% . 50% 22% 21% *68%. 50 % *49 12% 21% 193/4 900 2,500 50% 263/4 91 70% 1,500 12 22 % 21% 19% *49 7,700 26 3A 263/4 90 *69% 26% 12% *22 90 7 *11% 26% 26% 70 11% 26 22% 12% 12% 26% 32 11% 253/4 132% 263/4 20 % 32% 32 11% 25% *49% 26% *6% 32% 313/4 • 33 Endicott Johnson Corp common 25 4% preferred 100 70 300 6,800 1% 50 22% 193A 14 44 13/4 50 *21% 1 13% 43% 1% 32% 123/4 No par 13% 43% l3/4 50 21% 95 13% 33% 11% *91 43 l3/4 11% 10 23% 95 133/4 31% 11% 22% *91 43 42% 43 31% 5P *46% 12% 1% 100 48% 47 123/4 11% 8.50 *46% 9% *9% 31% 4 48% 47 12% 21% common 16,600 123/4 5 5% preferred series A Erie St Pittsburgh RR Co 27 47 15 10 Erie RR 100 26% No par 15 Co B 92 27% 1% & Phonograph Empire District Electric Co Equitable Gas Co Equitable Office Bldg 92 26% 22 413/a 423/4 3 1,400 92% 27% *21% *160% 162 *13% 50 ' 98% 112 22 8 50 — 40% 1 Gas Mfg 12% — 1,100 17,300 84 100 2.50 common *14% 96% 111% — 400 9% 92% *48% 47 9% n 12% *92 97% 112 93/4 '43% 44 15 96% 112 93/4 26% 46% 2 38 9% *91% 9, 493/8 10 *33 112 112 112 26%. 46% 100 38'/a 96% 49 5 6,200 *33 5% 27 12% 19% 22,200 80 9% 92% *14% Steel 300 19% 19% *78 % 112 *44% 36% 100% 80 9% 26% 36 % 100% *78 96% 9% 19% 4,900 36% 100% 36 40 95 35% *99 80 80 1 35% 35% —1 fi 21 3334 11 % .10 - Apr 35 31% 11% 0 74% Feb, 74 35 31% 11% 11% 10 Emerson Radio 17 Mar 13 343A 32 3434 19% preference 2nd preferred 21% Jun 24% Mar 12 35% 101 *98% conv Paso Natural 10% Jun 99 100 101 50o preferred 29 18 1013/4 353'a ... Products Co 15% Apr 14 7% Jun *100% 34% Manufacturing Co 26% Dec 3 30% Jun 27 101% Sep 18 23% Dec 31 *100% 101%" 11% Elec & Mus Ind Amer shares 5% 300 31% St Co— Electric Storage Battery Elgin National Watch Co Elliott Co common 5% 28% 1,000 % preferred Elastic Stop Nut Co Auto-Lite (The) El 1,500 28% 4,200 Electric 4 15 13% Nov 12 11% Jun 20 13 28% 28%. 65 4 % B 56% Dec 26 31 Jun 18 900 28 3A 28% 28% 17% preferred 4%% 21 % 11% Edison Bros Stores Inc common Ekco 19 213/8 63% Eastman Kodak Co common 20 23% July 31 102 19 21% ' 17% _ Stainless 82 % Nov . 2,100 19 21% *18% 19 21% 10 4,200 14 63% Corp Eastern 25% Mar 25 13"% 61 % com Co Eastern B 13% No par 5 Corp— 19% Mar 27 163/4 Jan *20% 13% 8,600 3% *11% preferred 15% Mar 17 July 15 Apr 29 13% 13% *18% 20% 3% 643A preferred 14% July 31 18 34% 35 *92 12% July 14 41% Jun 16 2 100 " 1013% 111% 18 15% Jan 28 . 3% 31% No par 6% 20% 3% 3,600 63 *11% No par Eaton *18% 19 *62 11% series 163/4 Jan 21 30 13% 19 •" 13% 13% 20% 65 3% 3% 3% *62 63 *62 31% series 22 62 3% 3% 28 $3.50 25% Jan Jan 62 4,300 11% common Light Co 14 Apr 21 63% B 16 48% Jan 27% % No par Nem 163/4 Nov 47 27% No par series A 12% Oct 169 27 % 17% Eastern Airlines Inc 2 27 64 Eagle-Plcher 27 27% 17% 23% Mar 11 July 26% *11% 28% Jan 39 26% . 64% D 158% Apr 26% 17% 10% May 15 9 26% 15,700 l 11% 6 47% Dec 20% 63 % 9% Jan 171% July 10 98% 20% 173/4 T 27 96% 97 20% 11% 10% Jan 21 95% 98% 20% 11% 8% Apr 21 Jan 97 96% 20% 27% 50 36% Feb 93 96% 20 % 6,200 *31% 50 158 92% 93% 11 4% 21 2,400 22,900 *31% $4.15 Jan 89 20 *34% $3.75 preferred 48 89% 93% *100% 5 41% Oct 30 87% 28 5 8 24% 49 20 20% 10 9 1,800 14 24 93 13% Feb 10 13aA 89% *18% 48% Jan 18% Jun 48 13% 24% 9534 3% 51% Jan 22% Jud 47% 13% 26% 4 2 42 20% *62 23 21 46% 9 '/a 40 24 l 24% 24% 9% 39 19% 88% 47% Apr 43%! Jun Jan 24% 24 24% 9 94 9 28% Jan 11,700 13% 19 25 2,200 9% 46% Nov 16 20% 13% 49 % Dec Sep 19% 46% 52 Apr 30 19% 2,800 10 22 50 93 13,600 27 19 20 90 25% $4.50 G 19% 193/4 90% *88% *91 903A 31% Preferred W 19% 193/4 *91 25% 42 48 92% *30% 10 Apr 27 903/4 89% 93 89 90 *91 2t>% Jun 513/a Oct *90 % *89% 92% 31% 51 X48% Dec 90 90 • ,19% 9% Preferred Duquesne 90 91 90 100 11%' Common 12 2,400 173/4 common Industries de 35 11 % Duplan Corp 2 Jan preferred Pont 343/4 17% 3%% convertible preferred Dunhill International du 79% May *114% Jan 35 No par 36% Oct $4 343/4 No par Ltd Douglas Aircraft Co Inc Dresser 35 2D% No par Pepper Co 72 % Mar 20 5 35 31 VB 1 16 26% Apr 1,100 343/4 2,500 31 2 Jun 105 % Mar 29 14 2 0 78 50c 60 3 14 31 2 Corp 1 30 14 2U7« 25 65% July 21% Oct 133/4 31 100 17 993/a Jan 55 14% 2 1 No par common Apr 8 34% *54 *13% 31 10 common preferred Mines "34% 55 13% *14 2o 72 2 Corp Dome 34"% 55 14% 33% 31% Divco Dr. 143% 34 3/a 553/4 *14 27 Distillers Corp-Seagram» Ltd Dixie 14% 31 1 A preferred Match Stores — 6% 26% 5 class Diamond T Motor Car Co Diana 2,600 91 *6% 9 1 Corp cum 63/4 38 13.50 Co cum 33 *88 91 9% 8 Raynolds Diamond 33 1,900 50 Light Co Diamond Alkali Co 40% Feb 30 Jan Mar 17 1,700 36% 20 (The) Steel & 24% 136 361/4 32% 36% 38% 100 Vilbiss 24% •134 11,300 38% 100 Devoe 170 1,200 7% 9 Escrow ctfs for common De 24% 7% 38 Escrow ctfs for preferred Detroit 1 7% 8% Western & Detroit-Michigan Stove Co 24% Mar 10 12% Dec 10 2 9,800 51 37% Edison 20 Detroit Hillsdale & S W RR Co.100 16% Mar 25 9 10 26% Jun Mar 6% 51 39 9 Detroit 63/4 Mar 17 32% Jan 21% May 27 64 29 100 Hudson Lack Derby Oil Co 6V2 100 136 *6% 9,900 2,000 9 34% *91 Denver & Rio Grande West RR— 62 *70 7 39 1 preferred & 2,600 10 common new Delaware Power & 27% Feb 16 50c Deep Rock Oil Corp S 92% 19% Co Inc 120 14% *54 *90 91 90 *91 100 20% 200 34% 343A *90 *88% 100 Preferred 14 34% 7 2 16 1,300 553/4 14% 34 333/4 *54 54 14 6,700 82% *99 32% 63A 150 98 100 36 *88 91 1,100 13,000 291/4 "14 *14 333A *54 *24 % *134 323/4 *6% 31 60% ♦59 ♦28% 6% 37,200 133A 14% 33% 1 80 7j/2 36% 323/8 63/4 *6% 136 36 *88 91 *88 6 3A *14 20 (The) com series A 91 *6% >134 ; 51 24% 24% 32% 1 136 7% 14% 9 29 1 51 *99 51% 7% 24% 24% 24% 51% 7% 6% 20% 7 9 *28 '/a 6% 100 *81% *180 60% 9 29 6% *99 % 14% 7 7 *59 9 *28% 6% 100% 36% 100 60% 8% 20% 93 29% 29 200 *180 7 6% 6% 14"% 14% 200 *59 51 20% 21 *14% 100% 36 Jan 24 29% *28% 6% *134 Jan 25 29% 102 36 92 35% Nov 60% 8% 8% 9 *20% '180 6% 6% *59 59% *8% 14% 200 136 92 34% Sep 14% *180 7 *59 20% 20% 15 200 36 28 63% Jan 81% *134 Apr 16 29 81% 100 83 21 28% 81% No par 82% May 28 283/4 Oct 28% 81'/a 7% 19 Rubber 28% 81 20% 14% 10 Records 28% 80% 7% 96% Jun Decca 27% 81% 7% 2 Daytcn *961% 1 28 Apr Oct 28% 981/4 *50% Jan July 15 28% 98% 51% 853/4 Jan 96 28% 51% Daystrom Inc 29 38% Mar 13 16 4.60% 30 28% 6% preferred series A Preferred 29% 99% *100% pfd *913/4 28% *20 2.50 93 28% 81 % 10 29% 29 3,800 29'/a 29 28% *91% *98% 99 *180 95 99% 28% 28% .100 *91% *98% 27% 1 Inc Davison Chem Corp 14 93 99 100 Davega Stores Corp common 5% convertible preferred Mar 18 170 16% Corp common 33/4% 8 8% Mar 17 10 7% Dec 13% Apr Dana 40% Mar 28 11 80 4% 168 163/a 1 Jan Jon 35 May 8,200 1% ♦167 16% A Class 24 131 9 95 ~30 713/a 4% No par No par Publishing common preferred Prior preferred Curtlss-Wright common 10 July 23 96% 70 169 1% 169 16% 5 16 Jan 70 168 4% *167 16% 100 Dec 90 *95 70 168 69% 167% 16 Inc Press 44 32 96% *95 96 69% 4,400 94% 16 100 $7 4 9% Feb 95% 69% 650 821/4 *93% 93 Curtis 200% July 28 Jun 51 97 69 % 61% 81% 941% 167% No par Cunningham Drug Stores Inc 29 8% Ap* 69% 60 % 81 % 15% preferred Cuneo 2 *96 97 60% 79 *91% preferred 4%% 12% Mar 19 July 14 * 69 60 % *93% -2 preferred noncum pfd 3 32% Mar 39 79 94% 16% Cudahy Packing Co common Mar 17 94'/a Jan 29 7% Apr 8 60% 78% *96 No par common__5 Corp preferred RR 7% 8 Jan 7% July 20 Jan 54% Dec 99 3 23% Feb 129% Jan 88 60 78% *93% 60% 350 52 *51 15% convertible 5% 8% May 21 64 6% July 23 8% Mar 20 10 185 8% July 28 16 32 24 Feb 93 Jun 2 _ 12% Jan 26% Apr 51 60 78% 94% 60 Cuban-American Sugar common—10 9% Aug 27 6 59% 77% *93% 52 28% Cuba 25 *51 1% 6 Feb 2,100 52 51% 5 May126 25% 25% 52 17 7% Jan 253/a 25% 36% Jan 65% 25% 25% 51% 19% July 22 190 25% 300 52% 14% July 28 19 2,200 25 6 22 1,300 23% 51% 18 28 23 22% *52 20% Jan Dec 22% 22% 51% 36% Dec 5% Oct 22% 22% 51% Crucible Steel of Amer common—25 Mar 17 Jan 22 25% 92% Jan 25 129% Jan 65 25% 10,100> 18,700 193/4 51% 23 15% Sep 22 % 22 91/4 55% 19 51% Mar 25 77% Oct 22% 22% *21% 9% 55% 19 *91% (Tha). preferred $2 Crown $4.20 9 ,22 i'22 22% 22% 9% 55% 54% *18% 2.50 Crown Cork St Seal common 2 28 22% 22% 9 9' 55% 25 24% Jun Oct 19 8% 55% -1 America of 12% Oct 27 *18% 9 100 common preferred 3%% 16% July 31 99% Jan 19 22 1 12% Dec *32% Nov 55% 19 *4% 21 95 6 8% 55% 1 20 Electric J«n 1 9% 19% 55% *19 100 700 1,600 50 series; 6% 27 11% Jun - 8 14 *18 55% 9 1 Delaware Corp 34% Apr 28% July 22 4 10 Coty Internation Corp— 12 Jan 11 3 87% Jun May 22 18% 11 20 3% Jun 97 18% 11 Corning Glass Works common 5 3%% preferred 100 Cum pfd 3%% series of 1947-100 Corn Products Refining common-25 1% preferred 100 19 98 16 67% Feb 18% *10% Corp Exchange Bank St Tr Co Corn 82% July 31 93 % Jun *18'% 11 of Dubilier Cornell 96% Jan 21 161 Preferred 15 68% Jan 1 93 % May 22 99% Apr 23 73 Sep 25 178 Apr 15 2 26% Mar 25 18 Jun 70 99% Apr 93 2 25 69% Jan 87% Jan 93 63 18% >10% Cooper-Bessemer Corp common 8 Range Co No par Copperweld Steel Co common 8 Convertible pref 5% series 50 30 2,900 *18 10% Copper 28 Shares 8% 18% Steel Jan 81/4 10% Oil 27% Feb 8% 11 Motors 62 6 19 8% 18% Continental 65% Jan 16 48% Jan 50 % Jun 44 8% *10% Continental 8 8% *18 Continental 27 8% 8% the Week Friday July 31 5 0 26%JAn 8% 8% flalea fat Thursday July 30 25 Mar 18 28% Mar 16 July 29 July 29 Fibre 11% Mar 25 22 Wednesday July 28 preferred Diamond 62% Jan 9 18% J'liv 16 20% Jun 25 % Dec 23% May Jun convertible 5% Tuesday July 27 Pgr Continental Cop St Steel Ind eom_2 Jun 17 BALK rKICKS Monday EXCHANGE La west Highest Lowest LOW AND HIGH STOCK YOEK NEW Range Since Jan. 1 Highest Year 105% 7% Nov CMtlDUtf—Pap 4 STOCKS KiDfc fer Preview 7 900 1,000 ; 6% 6% 20% 19% 19% 19% 6934 693/4 69% 69% 73 71 71 *68% 12% *90'A 22 6% 91 1 290 22% 2,100 6% 1,300 19% 70% 10,700 20% 70% •70 73 . 400 100 3, 1953 Number 5243 Volume 178 ... The Commercial and Financial Chronicle (397) NEW YORK STOCK RECORD Banfe tor Previous Year 1052 Raofe Sines Jan. 1 1 7% Dec 6 5% May 10'/a Nov Lowest Highest Lowest 15 Va Mar 11 Jan 22 May 17 YORK y2 Mar 3 Eureka Williams 9 Evans is 16% May 4 STOCK Monday 59% Mar 4 Jan 2 9 16 Jan a 3 *7'/4 7% *7% 11% 7% 11% 7% *11% 11% 11% 12 12 12 14% 15 14% 14% 14% 14% 14% 14% 14% 2,300 3 47% 48% 14% 47'/4 48 47% 47% 47% 48 48 48 2,000 2.50 *2% 3'/a 2% 3 *2% 3% *2% 3 3 300 25% 24% 24% ; ' 27% Jan 3 28% Mar 25 Fairbanks No par 7% Nov 12 7% Jan 2 24% 10% Mar 25 23% Jan 11 20% Feb 18 Falrchild Engine & Airplane Corp_l Fajardo Sugar Co 20 7% 7% 12% Jan 3 16% Jan 29 22% May 11 16% Mar 24 *21 % 21% 21 21% IS 15% Jan 2 19 y8 Jun 4 14% July 31 15% Jun 17 19 Jan 53% Nov 5 57% Dec 3 48% Jun 24 57 29 30 Va Dec 23 25% Feb 19 28 16% Dec 9 14 10 48% Feb 19 4% May 56 9 66% Jan 0 48% Jjw 15 7% Apr 24 16 26% Nov 3 37% Feb 21 47 Dec 26 Apr 40% Apr 3 106 94 Jan 28 25 19- 16% Jan 19 25 % Nov ' Sep 11 y« Dec 7 38% Apr 2 20 83% Nov 20 68 J un 16 74% Dec 30 13% Jun 8 23 55 y4 July 29 68% Mar 50 104 3 May 1 107 12 Jan 47% Dec 2 13 Dec 30 18 32% Mar 20 May 20 101% Aug, 7 34% Mar 13 9% May 17 27 y8 Sep 96 Apr 19% May 2 24% Sep 3 7 24% Dec 18 25 34% Nov 19 13 % Jun 3 14% Oct 16 20 1 May 8 10 y2 Jun 12 26% July 29 96 Apr 24 18% July 28 21Va Jun JO Mar 25 Feb 11 24% Feb 27 26% Mar 17 9 17% Jan 6 26% Jun 3 99 Jan 5 43% Jan 2 8 38% Oct 29 56% Jan 28 33% Jun 16 16 114 15 14% 15 2,100 16% 16% 16% 16% 16% 1,600 *50% conv pfd cum pfd conv 38% Mar 13 4%% First 28% 4,400 14% 14% 15 5,100 A 50 *56% 58% 56% *55 57% *57% 59% 50 *49% 50% *55% *49% .57% series 49% *49% 50% *49% 4% 4% 4% 2 $4 Fair Stores $4.20 div pfd cum 30 10% Jun 10 14 40% Feb 20 10 Jan May 15 22% Apr 4 27% Aug 11 22% July 75% Jan 10 84% Mar 20 75 5% Dec 2 Mar 25 3%% 21% 21% 21% , 21% 71% 71% 71% ' 71 16% 17 16% 17% 17% 6 Fruehauf 4% 4 15 Jun 10 20% Jan 28 Galr 8 y4 Jan 8 7 % Jan 2 8% Apr 13 10% 10% *10% 10% No par 27% 27% 1 10 27% Jan 2 10 28% Jan 27 July 28 33% Jan 20 Garrett Apr 16 39% Sep 5 18 May 15 26% Dec 31 36% Apr 20% Jun 22% May 20 26% Dec 15 24 22 Va Feb 5 34% Dec 8 24 5"% Sep 18 8% Jan 22 32% Nov 17 41 y4 Jan 22 24% Oct 15 33 y4 Jun 25 26% Feb 21 31 Jun Jun 27 5y8 July 28 31;% July 6 24% July 28 22% Jun 16 3 105% Oct 14 98 y4 Jun 9 63% Dec 11 33% July 14 17 13 y4 Dec 31 12 Feb 28 142 159 24 July 30 38% May 19 7% Mar 12 37% Mar 12 8% 18% 18% Gar Co 24% 24% 24 % No par Gaylord 27% Jan 5 General 104% Feb 6 34% July 21 14% Mar 18 34% 34% 34 of 155 Mar 24 American Amer Baking Co 70 May 8 78 Jan 31% Jun 24 35% Mar 25 15 16 Va Jun 10 19% Jan 2 25 129% Apr 2 4% 121 31 46% Mar 24 37% Jan 14 July 28 35% Jun 16 54% Feb 20 72% Dec 31 66 % Apr 6 75% May 22 General Electric 4 11'/a Dec 22 9 %Jun 19 11% Feb 26 General Finance 18 53% Dec 8 50% Jun 23 General Foods 96% May 22 88% Jun 18 56% July 31 94% Jan 2 90 Apr 3 Jan 6% Jun 5 11 y8 Dec 12 52% Oct 20 60% Dec 9 10% Jun Jun 9 17 34% 2.000 14% 15 2,200 25% 26 *93 96 *93 96 *93 ($2 36% 113% Jun 22 124% Jan 106 11 119 2 Apr 18 50 Feb 21 69% Dec 30 119% Jan 11 125% Dec 29 x94% Jan 3 100'/a Dec 22 Jan 2 24% Aug 15 Dec 9 Jun 2 Jan 5% *85 86% 85 85 *90% 92 V2 91 35% 91 85 *90% 35% 86 35% 85 36% 85% *90% 91% 35% 9% 270 91% 80 91% 17% 10 4,800 , 86 *85 91% 17% 17 1,800 36% 18 3,600 600 10% *10 10% 10% 10% 10% 10% 10% *10% 11 10% 10% 500 44% 44% 44 % 44% 44% 45 % 45% 46'% 46'% 46% 4,000 *10% 10% 10% 10% 10% 10% 10% 10 % 10% 10 24% 24% 24% 24% 24% 24% 24% 24% 24% 25 3,300 *76% 78% *76% 78% 76% 76% 77 77 77 77 210 500 VA 6 Va *6 6% 6% 6% 6% 6 % 6% 18% 18% 18% 18% 18% 18% 18% 7% 7% 7% 7% 7% 7% 7% 7% 36% 36 V* *36 36% *36 % 36% 36% 36% *36'% 37 23% 23% *23 23% *23 Va 23% 23% 23% x23 23 300 25% 25% 25% 25 % 25 Va 25% 25% 25% 26 1,500 24% 24% 25 25'/a 1,400 2,600 6 24 VA 24% 25 V* 24 Corp_2.50 34 Va 5 5'% 5 % 5% 5% *30'/a 31% *30% 31'/a 24% 24% 24% 25 *25 Va 25'% 23 23 Va *23 Va 99% 100 ,34% 13% 13 *143% *19 Va 11% ♦72 73% 50 *31 32 % i 99% 99% 34 Va 34% 34 Va Va 13 5% 23% 23% 340 2,200 12% 13 33% 12% 12 12% 12 12 Va 6,200 *143% 145% 19% *143% 145'/a *144 146 145 % *143% 145% 19% 18% 19 V« 19 % 19% 19% 19% 800 11% . 11 Va 11% 11% 11% 11% 11 Va 11% 11% 9,900 *72 73% 73% 73% *72% 74 72% 73 *31 32% 32% *31 32% 32% 32% 17% 125% 17% 18 125% 126 *19 *31 . 17% 17% 17% 123% 123% ♦123% 125% *123% 125% *123 Va common-_3 31% 32 31 31 32 37 37 36% 36% 71% 71% 71% 71% 71% 1 9% 9% 9% 9% 9% *36 60 200 2,800 32 37% 72'/a *36 30 72% 9% 9% 55 55% 55 55% 55% 55% 55% ♦92 93% 93 93 92 92 33 33 VA 33% 5,400 37% 31% No par 37% 37% 500 73% 18,600 72 72% ' a 9% 3,200 56% 3,400 *91 93% *91 9% 55% 9% 56 20O 93% 12% 12% 12% 12% 12% 12% 12% 12% 12% 12% 4,300 54 1 No par 100 1,800 33% 54 53% 53% 53% 53% 53% 54 53% 54% 3,300 118% 118% *118% 109% ♦105 *119 120 *107 110 8 No par 58 58% 57% 58 Va 58 % 118% 118 V* II8V4 H8V4 118% *94% ♦119 120 109% ♦107 111 58% 118 120 *106 120 *118% preferred—.100 convertible 1,400 23% 101 34% 17% Corp *99 Va 33'% 17% com 23 Va 23 Va 25% 34 Va No par Corp 25 100 100 100 17% )__No par 700 31 23% 23 % 1,900 5% 5 *31 *99% 3,600 *30% 5% 31% 25% com—1 24% 2,200 7% 5 % 5% *30% 25 24% 24% 6% 19 31% 1 50 1.66% preferred 14 36% 96 *93 18% General Mills common 125% July 28 Jan 35% 96 *93 16% conv 14% Mar 19 120 118 105 36% No par cum 61 9 96 No par 100 Dynamics Corp $3.50 preferred General Instrument Jan 34% 14% 26 . 52 34% 14% 25% 7% Corp 41 34% 14 25 18% preferred Preferred 34% 14 25 8 Co 7'/a Jan 1% 34 14% 25 100 1 19 General 34^4 1 preferred 19 48% Mar 24 10,400 13% Cigar Co Inc com—No par 45% Dec Jun 24% 25 8 48 y2 Dec 124% Dec 9 Jan 24% 14% No par 24% Jan 16 115 24% 1 Corp 2nd conv 24% 16% preferred General 24% 10 General Cable Corp com 4% 1st preferred 22 900 24% 16% common Mar 25 Dec 18% *9% com Transport 14 20 Va Dec 10 97 *18'/a 24% 100 • 33 3,300 *96 Va 18% 50 Investors Feb 10 27% 27% 97 18% *96 10 Corp 11 Jun 27% 27 18% 97 14% __2 Inc 11% Nov 28 16% May 25 27% 18 % * 16% preferred 13 x29 26% *96 % 97 16% (The)__ Industries 9% Jun 8 700 8 General Bronze 9 10% *9% Co 227/a Mar 17 May 10% No par I 79 10% 9% preferred 17% Jan 8 10% 24% i 18% Aug 14 Jan 1,000 10% 16% common 12 74 40 44% 9% common... 27 $8 103 % 44% 16% common Nov 1 6,500 103% 45 1 1 15% Feb July 58 VA 58 56%' 104 24% *96 100 $4.50 preferred General 55% *103% lo Inc Container General 3,200 2,600 10,700 45 No par 4%convertible 29% Mar 24 18 10 (The) Corp Wood 72%- 17% 10% 18% 7% ' 56 103 Va 10 (Robert) convertible Gamewell 71% 18'/a 200 . I 45% *45 27% 96 18% preferred Co Gardner-Denver 36 Inc 27 96 (The) Co Co 55% 103% 8 Co Gamble-Skogmo Gabriel 71 %' 110 11 22% 100 8% Jan 3 56 104 45% 104 100 Trailer 19% Dec 7% Mar 55% 103 % 45 % preferred 30 2 10% 22% l May 15 5% Jun 56% 45% Stores Corp Freeport Sulphur Co 6% May 15 17 56 I 45% preferred Sugar * ' , *103% Froedtert Corp Jan 10% 70% Franklin 27% Mar 24 *10% 2i% common ser convertible 3%% 14% Jan 79 10% 17% 10 13% Apr 13 51% Mar 17 9 98 Va 70% 10% ' 41'/a 98% 16% IS Francisco 13% Sep 41 98 70% *51 15 18% May 21 41% 97% Y____lo N No par Inc 13 % 46 500 5,200 40% 97% *97 22% Foster-Wheeler Corp 27 10% 1,400 24% *10V2 Machinery & Chem Corp Food 98 200 4% 24% 10% Florida Power Corp Florida Power & Light Co Follansbee Steel Corp Food *97 50 Va 24%' *24 .24% *34 40% "4o% 40% 98 1 12 Apr ' 24% No par 20 23 98 24% 401% . 21% preferred 23% Jan 13% Dec 40%' 'it , 4% 5 10% Florence Stove Co 96% Jan 9% July 15 24% 5 20% (The) Carpet Co Flintkote Co (The) common 9 18 24% 49% *4% —5 Firth 23 Jan 49% 100 26 103 *56 5 5 Stores Jun Feb 5 • preferred National Jun 1 35% May 20 149 27% 14% *50 Va 51 l 15% Jun 19 Apr 100 27% 14% Fidelity Phoenix Fire Ins 89 19 11 50% 27% 14% *50% l 81 12 51% Jan 50% 26% .27% 14% . 29 24% July July 51 27 14% Mfg Co 26 17 102 51 26% 14% 100 Jan 2 17% Nov xl5 *50 % 27% ;14%%" preferred- 98% Nov 90% Jan 9 51% 14% ser 1953 Ferro Corp 200 , 27% Federated Dept Stores common Felt & Tarrant *21 1 common 6 46% July 23 13% Mar 17 11 Jun 15% 16% 106% Jan 13% Jun 93 15% Firestone Tire & Rubber com__12.50 22% Feb 11 16,900 16% Filtrol Corp 31 98% Dec 10% Jan 5 31 9 2,000 8% 21Vi 15% 6 30 31% Jun 25% 16% 18'/a July 30 32 7% *21 15% 75% Jan Dec 10 Dec 2 100 7% 16% • 2 15 86% Jan *21 15% Corp Federal-Mogul Corp new 5 Jan 29% Jan ' *25% 25 7% 21% 16% 5%% 23% Jan 92% Jan 95% Oct Mar 13 10 10iy4Jun Jan 48 105*- 25 7% 7% 15% 5% 24% Dec 18 19 y2 Apr Jun 41 17% Mar 25 y4 Jan July 1 10% Jury 15 7% 1 Federal Fawick 27% May 21 1 25 1 common Fedders-Quigan Corp 53 % May 4% July 24 % 7% 21% 15 % 5% 66l/2 Mar 2 24 800 800 preferred series B 50 Fansteel Metallurgical Corp__No par 8 Mar Dec 76% July 21 24 y2 Dec 100 18 6% Dec 60 1 28 Apr Jun Co 3 Va 7% Family Finance Corp 34% Apr 12 % Feb & 7% 7% Falstaff Brewing Corp Jan 23% Oct Morse Shares 7% 11% 12 13% Jan the Week J 7% 29 29 Friday July 31 July 30 11% Sep 7 - July 29 5 — 20% Sep 21% Oct Sales fee Thursday Wednesday 1 Co Inc Ex-Cello Corp Exchange Buffet Corp July 13 July 28 5 Corp Products Tuesday July 27 Par Eversharp 47% July 28 3 y8 Feb LOW AND HIGH SALE PRICES EXCHANGE 14% Mar 3 Jan xl3 55% Dec 16 NEW Highest 6% July 11 13% Oct 44 1% Dec Contmusd—Page 5 STOCKS 94% *105 109% 10 ( 20 34 y8 Feb 20 4% Dec 20 20% Jan Jan Sep 30 8% Jan 5 92 Jun 3 99% Jan 14 23 Jun 9 25% Feb 5 44% Jun 16 54% Mar 30 July 20 27% Mar 23 21 % 3% Jun 23 % Jun 1 Dec 29 29% July 126 Dec 10 10 25 21 45% Dec Jun 25 104% Jan 99 July 13 Apr 51 96% Mar 16 July 34% Jan 27 Dec 22 35% Jan Jan 26 24% Oct 31 Apr Jan 3 89 71% Dec 31 7 0 July 13 25% Feb Apr 9 81 30 y« fan 14% Nov 9 Mar 10 80 Fab I 18 69 July 29 12% Jun 32% Jbd 7 28 96% Jun 23 18% Jun 14 5 25 30 14 Va Feb 17 8 79% Aor 13 81% Jan 12 July 31 21% Jan 9 30 x86 Jan Apr 15 23 Dec 1 32% Oct 27 42% Jan 24 79% Dec 18 30 18 7% Jan 2 130% Jun 30 135 Jun 24 19 62% Jun 10 80% Jan 12 18% May 22 20 55% Feb 38% Mar 20 24 27 77 V2 Dec 30 54% Dec 31 47% Jun 9 Sep 15 102% Jun 2 10% Jan 4 15 15 16% Mar 25 Nov 138 124% May 24 15% Oct 18% Jan 40% July 30 100% Apr 8% Jan 8 7 % Sep 13 Va 30y2 Jun 26 8% Jan 20 22% 22% 23 % 22 Va 23% 3% 3% 1 22 22 Va 22 22 Eqp Corp lOo Gen Refractories 25 25 V8 *30 30% 30% 30% 30 30% 30 30% *97% 99% *97% 99% *98 99 % *98 99% *98 99% 11% 11% 11% *11% 11% 11% 11% 1,900 20% 11% 20% *11% 20% 11% 20% 20% 20% 20% 3,700 44 44 44 44 43% 43% 44 89% 90% 89 89% 89 89 39% 39% 39 Va 39% 39% 29 Va 29 Va *29 Va 29% 30 103'/a *99 100 *99 com—2.50 Rubber 27'/4 103% preferred 100 *80% 82 preferred 100 *69 71 Georgia-Pacific Plywood Co 1 Gillette Gimbel Brothers $4.50 39% *97% 8 14% common common Goebel (The) Brewing Gold 5 Goodrich Co 27% 80% *80% 90 90% 89% 90 230 40 39% 40 Va 39% 40 14,100 30 29% 30 *29% 30 27% 103% 28 28 28V4 82% 82 *80 *69 71 69 70 13 12% *80% 69 13 Va 13% 13 Va 131/4 7,400 40 40% 7,700 13 39% 40% X40% 40% 40 98 Va 98 Va *97% 98% *98 14% 14% 14% 14% *80'/a 82 *80% 14% *80% 82 5 Jan 3 6% Nov 17 49V4 July 108 Dec 60 8 29 6% Jun 51 Apr 26 2 3% Feb 22 Oct 6% Jun y2 July 30 2 3 15 6% Jun 19 May 26 26% Jun 18 9% Feb 2 33 30 27% Oct July 1 81 24 16 59 Mar 19 108% Feb 4 9% Jan 20 61% July 21 33% Mar 4 20% Jan 5 98% Jan 28 24% Jan 30 x92% Sep 9 30 90% Jun 27% Feb 21 34% Dec 10 29% July 16 33% May 1 Jan 2 91 11% Mar 17 ^ July 10 11 13% 13% 13% 13% 13% 31% 32 31 % 32 1 7% 7% 7% 8 7% 7% 7% 133% *131 '/a 133 % 12% 12% 12% 12% 12% 12% 1.400 F) 10 66 Va 67 Va 66 66% 66% 67 66% 67% 67% 69% 6,800 VA 8,900 106'/a 1,600 <B May 26 86% May 22 97% Feb 4 18 Aug 14 12% July 27 16% Jan 7 Dec 34% Feb 39% Mar 17 22 8 48% 1 Hosiery Batteries Gould-National (W T) 3%% $2.25 *131 133% *131 *131 133'% 28 14% Jan 0 19% Mar 27 Gt Northern Iron 57 Dec 23 51% Apr 23 58% Mar 25 Gt Northern Ry 6% 16% Dec 22 19% Mar 4 17% Jan 2 19% Mar 27 Great 137 y8 Dec 30 27 Mar 73% Jan 2 21 2 Mar 28 41% Jan 8 30% Jun 9 40% Jan 26% Jan 22 19% Jan 2 23% Mar 25 7% Green Green preferred Bay & * 13 Nov 28 Tor * 4 96% Apr footnotes see 7 RR (H L) Co Inc Greenfield 2 13% Jun Tap & Die 95% Jan 4%% page" 24/- preferred —t 26 % 26% 26% 26% IV2 1% 1% 1% 1% 7% .7 7 6% 29% 29% • *28% 17 % 17 Va 59% 600 27 1% 28% 700 7% *59 6% 60 26% 50 7 27% 1,800 1% 12,400 1 % . 7 7 7% 7 29 29 29 % *29 17% 17% 17% 17% 1,000 7 29% 1,200 17% 7,900 29% 29% *90% 91% 90% 90% *90% 91% *90% 12 % 12% 12% 12% *12% 12% 12% 12% *12% 12% *35% 36 % *35% 36% *90% 30 "4 *90% 92 30% 30% *90% 92 100 62 30% 31 91% 1.400 31% 91 91 40 1,200 36% *35 17 % *17% 17% 17% 17% 17% 2,200 17% 17% 18 17 Va 54 Va 54% 54 % 54% 55 56'% 56% 8,100 55% 53% 56 No par *17% 13% 18 18 18% 18 Va 18 No par 100 100 1 18 18% 17% 130 130 131 "3 131 131 Mr Corp—No par *129 *68% 36% 130 72 *35% 130 *68 % 32 »/4 32%" 32% 20V2 20% 20% 130 *68% 72 36% *130 *68% 72 32% 32% <20% *?0% 20% 32% 32% ; *20% 12% 13 88 V* 88 %. 12% 89 12% 13 *87% ; *68% 72 89 ,*20% 21 1,200 110 71% 13 13% 88 88 32%" • ' 21 ^ V 13 *87% 32 Va 32% 1 * —100 . - « 3 s. *59 *105% 26% (The)*— Common 87% July 31 12% Jan ■ x93% Sep - Western Greyhound Corp 11% Jan .2. •• 2 141 ■19% Nov* 10 36 f. 67% July 31 61% Oct 128% July 17 64% Apr 15 com 6% 7 59% 49% 4" 105% 30% *35% Sugar 105% 91 No par Prop—No par pfd 1% *6% *59 60 48 % 48 % 106 16% 1 Ore 27 6% 6% 59'% *105% 91 *29% preferred 16% Nov Va 48 Va 48 105% 92 5 com 7 60 47% 105 17% 16% 100 39 Western 7 28% *90% Stores 8 conv 8 10 t 2 Jun 1% Co common preferred *6% 60 common—12.50 100 Steel Grayson-Robinson |1 26% preferred 27 149 4 No par Motors 13% Jan 1 Inc No par & Co 46% Feb 31% May 2,800 12% 105 Va Grant 1,300 5,000 ■ 12% 47% City 7.% 12% 133'/a 105% cum 13'4 32% *7% 12% '131 No par No par 5%% 13 Va 32 Va 7% 10 100 Co No par Granite 200 32% Granby Consol MSA; Pi Grand Union Co (The)—. 104% Jan 80% 13% Graham-Paige 25 18'/a Oct 80% 32 9% Feb 25 6,000 82 13% 2% Mar 25 31% Mar 27 100 14% 32% preferred (W R) 99 % 14% 13% $5 Grace *97% 32% ... 80 14% *80'/a Common Gotham 40 Va 99 No par Co 10 82 40% 82 4,500 13 Goodyear Tire & Rubber— May 40 104 103 Va 69 99 14% 500 *99 27% *99 103% 800 71 *69 12% 44% Inc Good all-San foi'd 7 27Va 21% 44% No par 2.50 Stock Telegraph & 8 Mar 27% 21 Corp Harvester Glidden Co *99 21 44% Va common preferred Gleaner 12% 1 preference—No par Co 24% 80% 27% 3%% (The) 1,900 7,800 25 30 Va preferred convertible 14,000 25'/a 30 4%% $5 25% 25 1 Casting! $6 pfd Telephone Corp & 3% 25% 6 Corp Tire 15.500 4 3% 25 Va 3% No par 100 Realty & Utilities Steel General 3% No par 20 com preferred Shoe 3% No par Railway Signal 5% 3% 25 Public Utilities Corp General General 3% lOo General Apr < 22 % 47 Va General Time Corp common—No par 99 V2 Oct 1,600 47% General 6 49 47% 2 May 11 49 48 'A 7 85 49% 47% 40% July 74% Apr 48% 1 *94% 23% 31% Feb Mar" 11 47 % 23% General 34% 1,100 23% Precision 500 237/a 23% Public Service 1,300 23% 23% General 61,500 24 95% 23% General 60% 118'/4 24 94% General Outdoor Advertising-No par Portland Cement Co 59% 118 VA 95 94% General 59% 95 94% series $3.75 118% 58% *118 95 No par Preferred General 34 % tSep 9 22 preferred 3 23 V4 Jan 10 14% Nov 93% Apr $5 4%% 27% Jun 77% Feb General Motors Corp common 23 102% Jan 15 16 13 35% Dec 27 Mar 20 37% Jan May 11 10% Jan S 2 100 29 5 88 V2 Dec 3 36% Feb 1 4% Jan 20 % July 14 43% Jan 10 11% Sep 20% Jun 29% Jan 9 93 9 92 4 123% Jan 36 10 114 8 69% Feb 2 27% Dec 3 25 24 24% Aug 29 16"% May 14 3% Feb Nov 50 57% July 28 112% Jun 2,600 '• . 'f'f 13 Va"-*: 87% 87%;.*. 16,200 - «' - 900 \ 13 h ""5— 40 17 Financial Chronicle The Commercial and 18 ... (398) continued-Page NEW YORK STOCK RECORD 25 Dec 10 13'A Mar 21 7 6% 25 Feb 20 38% Dec 23 63 Feb 27 77 Nov 28 69% Jun 16 53% Jan 25 42'% Jun 9 20 Jun 22 97% Jan 3 90 July 92 Jun 98% Jan 2 Dec 105 16 July 28 19% 19% 19% 19% 19% 20 19% Sales for the Week Friday July :«« July 2!) July 31 19% 197, Shares 20 % 9,600 8% Jan 9 46% Oct July 21 1 SALE PRICES Thursday Wednesday Tuesday 6 9 X 6% 6 % 6 % 6 'A 6 % 6'A *6% 6 Ja 6 'A a 1,200 38% Jan July 24 30% Apr Monday Par 29 28 % Jan 19% July 28 31% July 15 STOCK EXCHANGE Highest Lowest Highest Lowest 23'A Apr YORK NEW Range Since Jan. I 1 HIGH LOW ANI) STOCKS Range for Previous Yeari 052 Monday, August 3, 1953 5 No par 3374 33% 33% 33 % 33 'A 33% 33% 34% 34% 34% 4,000 5 .No par 70% 70% *70% 71% 71% 71 71 71% 71 % 300 25 47% 47% 47% 47% 47% 47% 48% 47 7'a 48% 24,600 23 % 23% 23% 13,000 '77 Jan Gull 50% Mar 27 Oil Corp *71 4774 67 Gulf States Utilities Co- May 7 106% May 20 105 Dec 16 103 97 23 23% 16 100 *94 95 95 95 105% Jan 8 .--100 96 96 *96 96% Jan 8 100 *98 99% *99 100% 36 *34% 23 'A 23% 103% Jan 24 July No par 1 Common 23% July 31 105 2 dividend $4.44 preferred *95 * 23% 23 % ,*95 96 96% 95 3 4 96 100 1 *99 *95 96 20 96 96 70 *99 100% *99 a 23% 96 97 100% H 33% Dec 30% Mar 26 Feb 44 24 33'A Jan 9 48% Jun 19 36% Mar 4 5 Ilackensack 56% Feb 12 Dec 55 6 Halliburton oil 27 17% Jan 11% May 29 81 May 26 Nov *14 , 23 26% Oct 139% Oct 2 23 26 Jan 23 Jan 30 16 16% Jan 8 105% Feb Feb 131 21 July 145 9 22% Jun July 29 7% May 20 Jan 8 7 5% Jan 29 6 % Jail 4 30 36% Mar 1 32% July 15 12% July 1 11% Ja-*i 5% Oct Oct 6% Apr 19% Jim 14% Mar 20 6'A July 21 8 'A Mar 12 Hat Jan 30 9 Hazel-Atlas 32% Jan 16 2 25'A July 13 29% Jan 2 Heeht 15 86 Jan 13 23 1 17% Jun 21 19 Mar 18 90 May 7 78% Jun 29% May 12 93% Mar 4 34 Nov 3 31 Jun 22 34% Jan 22 91 Apr 20 97 Jan 21 26 % Feb 5 80 Sep .'21% Af>r f17 100 May 20 30 2 38 % Sep Oct 35 % Jun 31 x78 % Mar 25 17'A July 16 5 Heinz 3.65% 20% Apr 10 74% Jan 6 17 21 126% Dec 22 113 Jun 17 126% Jan 42% Feb 7 39 IJun 22 44 'A Feb 3 Hercules 5% 51% Jan 9 53% Oct 15 48'A. Jun 4 53% Apr 21% Oct 22 26 % Jail 7 24% Jan' 5 29 14% Oct 31 24% Jan 7 12'% M-'.v 29 18% Feb 2 70 24 74 Jan 26 65'A July 21 73 % Jan 7 107% Jan 14 77% Jun n 91 Feb 2 5 15 % Jan 6 19 Apr 21 22 'A Jan 5 9% Jan 16 Apr 82% Dec 26 14% Jan 21 16% 18 22% Nov May 12 9% Dec 17 19% Oct Mar 11% Mar 31 22% Apr 27 13% July 18 21 31% July 17 12% Mar 11 2 7 Sep 30 11% Jan 4 6% Feb 19 16 Oct 29 20% Apr 1 15'% Jun 12 *26% Jan 4 29% Mar ,21 26'% Jun 10 33% Jan 2 39 7 36 44% Oct 23 69% Feb 2 47'A Jun 60% Sep 30 66 'A Dec 19 94% Jan 2 Apr 102 % May 7% Jan Oct~24 14% Nov~19 32% Mar 21 35% Jan 41% Jan 49 30 Hooker Electrochemical Co $4.25 div 17 32'A July 1 36 'A Jan 24 57 July 20 9 93% Feb 3 99% Jan 5 4% 19 22 Jun 22 14 64 Apr 11 16% Nov 28 19% July 28 16 Jun 18% Nov 13 25% 12 . July 29 •2% Apr 12% Feb 3'% Jun 4.40% Houston preferred Eight & Power 1 Houston Oil 7 Howard Stores Corp Howe Sound Co—1 n 13 May 17% Jan 21'A Jan 11 8 , 6 Mar 11 Hudson W/o & Texas 8% Jun 15 40'A JUD 9 59% Feb 2 Hudson Bay 11% July 27 17 Jan 2 13'% July 14 19% Jan 8 Hunt 5% Mar 19 Hupp 21 19 Dec Jan 8 4% Dec 16 3'% Jun 24% Nov 28 19% Jun 14% Mar 11 10 l 15 24 Jan *118% 119% 121 13 66% 66% *120 40 40 40'A *39 7 a 40'A 51 *50% 51 51 51 *50% 51 121% 3,800 20 397/a *5074 400 51 39% 600 25 25 25% 25% 25% 900 13 '/a 13 13 13 13 % 13% 13% 13 13% 3,500 66 % 66 66 *66 67 65% 66 66 66 25 25 25% . 18 28 28%. 28%. *10% 11 % 13% 11% 13% 14 80 1774 18 % 28% 28% 29% 1,100 11% 700 1374 1374 5,400 6% *674 6% 10% 11 13% 14 80 530 3,600 14 *11 " *6% 6% *6% *6% 6% *16% 16% *16% 16% *16% 16% 16 Jo *16% 30 *26% 27 26% 26% *26% 27 27 *2674 36 36% 36 36% 36% 36% 37 37 36 34 37 % 4.300 53% 54'% 54 55% *54% 55% 55 55 55 55 4,400 57% 1,800 __5 *6% 5 9i%r> 91% J 00 100 57 58 57% 16% 27 57% 92% 92% *92% 9374 *9274 93% 106% 106% 106% 108 % 108% 14% 105% 15 x57 16% *26% *105% 14% 14% 14% 147a *14% 15 33 *32% 92% *91% 108 . 57 56% 58% 57% *107 6% 79 18 28% 80 17% *79% 80 17% *79 80 18'A 28 18'/a 81 18 81 2534 14% 107 33% 421 1 100 4Q 220 2,100 33 % 200 *42'A 42% 42% 42% 800 33 82'% *83 84 83 83 *83 84 84 84 92% 82% *91 100 *91 92 % *91 93 *91 93 *91 99% *98 99% *98 80 93 99% *98 99% 99 % *98 par 24 24 V« 23% 24% 24 24 % 24 % 24% 24% 24% 25 *66 667/a 64'A 66 65 % 66 'A 67 67 7-4 6774 68 *16% 16% *16% 16% *16'% 16% 16'A 16% 1674 167a 200 12% 12% 12% 12% 12% 12 12% 123ft 12% 10.200 *3% 4 % 4% 1.200 joo :_No 1 1 ' — *98 12 4 4 4 4 4 4 *4 12.000 1,400 200 —.100 8% 8% *8 % 9% 8% 8% *8% 0% *874 9% Min & Sin Ltd—No par —_12.5() 46% 46% 46'/a 46% 46% 46 % 457., 46 'a 4574 46% 3,400 11% 11% 11% 11% 11% 11% 11% 12 1174 12% 10,806 14'/a *13% 13% *13% noneum Foods Inc.—. —0.06% Corj)_! Hussman 5 66 121 GO 1,900 37 *17% 17% 65% *39% *10% (Del) x *17'A *119% 65% 23% 23% *36 40 17% Hudson Motor Car. 3 17% 65 24 37 10 preferred:— 4 Jan *17'A 65% 119% 119'% 81 & 'Manhattan-common—-100 17 'A Dec 4 May 19 • 64 % 14 , 66% July 31 16 3 6 11 12 17 16% Jun Aug 5% Aug 3% May 15 9% Apr 28 » preferred preferred— 79 7 17% *17 11 common 26% Apr 21 103% Ja 96 11 17% 65% 37 42'A July 17 23 94 23% *36 *36 *32'A 91 Apr *92 % 94 23% 37 *36 32% 80% Jun Dec 94 23 % 23% 94 94 23 % 93 % 93% 23 % 37 42'A Mar 25 2G 93 % 400 32 32% May 16 85 *31% 42% 96 103% Dec 32 33 % 102 23 *31% 42% 3 Dec 32 % 42% 11 18% Apr 19 68% Oct 30 *31% *32% Jan 103 32 % 50 Nov Jun *31% 28% $2.25 conv preferred 94 4,900 32 14% 88 18% 30 81% 13 No par 3% % 18% 18% 26 3 - 18% *25% Household Finance common—No pur Mar 25 1,600 *79% 10% com B ser 6% 25 'A 25% No par pfd Hondaille-Hcrshcy 30 % Feb 42 8 2nd 1.400 67 a 81% *65% No par preferred $4.20 14% 67 a 25 'A 51 12.50 x 33% 14% 4 *79% 13% __ Mining" Oil Corp *3374 , 26 28% .« , 6'A a 81% _1 -preferred 200 *25% .__5 & Sons (A) 5,000 *79% *39% _10 10 2574 6% 61V 26% *119 5 1,200 24 '/'a 23% 81% 65% 50 Paper Co 133 *25% 23% No par (Charles E) 700 *131 14% *93 100 Ilindc & Dauch 50 26 a *79% *17 Holland Furnace Co.— 103 26 147 26 No par i 6% 18% 14 % *102% 25 7 *31 No par Inc— 18% 18% 18 18 % *14 6% a 102 % 337 *33 a 14 400 .14 'A *6% 6% 337 13 % 67% 81% *36 4 2 6% 18% 25 Holly Sugar Corf) common™ 2 6% 10 64% Jan Feb 6% 6% 26 J 00 Honolulu 102 13% 25 ii.0% iviar 19 16 *33 137 a *6 900 4 *79% preicrral series A ___loo $4% cum 2nd pfd (conv)—No par Hilton Hotel? 'Corp __5 conv 33% 13% 23 % 17 *65% 133 *131 23% *6 33% 14 preferred Ilomestakc 13 % Jan 18 Aug 5' 3%% 5% 6% 33% 6 'A 25% 133 23% 23% 147ft 102% 25% *131 133 *23 23% 6% Ll5 preferred series A *131 133 13% Hcyden Chemical Corp common..—J 2 *25% *6 .___100 : 55% Mar 25 10 105% July 28 12% 6 28% Jan. *102% 25% common—. Hewitt-Robins Hollander 102% *25% 33 % 1 preferred Hires Co *102'/« 25'% *23 Co__ 14 102 % 25% *131 *65% 103 14 14 14 14% 14 102% .__2i 41% Mar 10 56'% July 28 Jun 9 17% Mar 23 . July 27 90 7 Mar 22 67 % 50 .—J Hershey Chocolate common 14 Mar 27 *12 3 13 *65% common Motors. 4%% 13 67% 13 *12% __JO Hercules Powder common 9 37% May 21 120% Feb W) non-cum *1674 16% 13 preferred (G 7% 17 16% 67 % Co common„ J1 16% 27% 16% *65 % common (IT 2,200 17 27% a *12% 100 Glass 2,300 28 27% 12% 2.50 preferred Holme 38% Mar 13 62'A Jun 21% Mar 31 29 66% Oct 23% July 29 3 24% Dec 26 34% Apr Co 3%'A 5574 27% 67 'A 4 % % preferred Hayes Indusfires Inc Hayes Mlg Corp 26 55% 28 12% Marx of America 55% 28 *65% preferred Corp 55% 100 Co & 16 7 36 *34% 36 55 % 27 % 28 *34%. 36 55'A No par com Co $4.25 pl'd__No par Refrae com 15 Hart Selniffner 7% Jan 15 28% May 36 2 Co Paper (MA) 6% 2 28 *34% 36 55 % 55 56% "16% —_____5 preferred— Harbison-Walk 25% Mar 17 10 9% May 20 33 Feb Hanna 55% Watch conv Ilaminermill 2 31 4% , *34% Printing Co (W F) Hamilton 10 30 Hall 5 Jun 100 5 Jan 142 21% Oct 14 71 13% Jun 18 34% Aug 23 30 May 27 25'A Jun 9 Jun 107 18% Mar 13 65 19 17% Sep 19 102% Jan Feb 2 __25 Well Cementing—5 issued" "When 28'A July 24 Jan 12'A Jun 18% July 16 68 July 13 16 3 15% May 26 Water- *13% 1 Refrigerator Co 3% No pur 14'/a 3 % 7 3% 21 . 21 21% 13% 3% 3% "21 20% 3% 20 7 a 3% 20% 14 % 300 3% 3% 4,500 2074 14% 20% 900 *13% 3%\ 20%' I I Apr 29 46 % Dec 40'A May 25 48 'A Mar 25 Idaho Power. Co 54% Jan 8 88% Dec 71 % Apr 24 88% J An 30 Illinois Central 104% July 2 35% Jun 16 113% Jan 28 36 109 95 Apr *35% Apr 17 7 42% Dec 45% Feb 23 50 % Apr *47% Jail 8 Dec 53 62% Aug 21 33 % May J 8% Jan May 5 46% May 26 4.08% cum Jan 7 4.26% cum preferred 54% Mar 11 4.70% 50% Apr 11% Apr 4.42% 18 May 19 7% Jan 27 41 'A Dec 17 30 8% Jan 30 23 64 lA Aug 5 40% Jun 10 81 Feb 20 96% Dec 29 85% Jun 23 34% Jun 151 28 164 % Nov 25 41% Oct 22 51% Jan 19 Apr 37% Jun 29 % Jan 29 22% July 4 14% Dec 9 1 .23 lA Jan 3 1 88% May 19 3 Sep 9 15% Jun 16 186 Apr 22 29% Oct 22 160% Jan 2 16% Mar 4% Nov 18 24 246'% Dec 29 36% Jan 23 23 148% Jun Apr 23% Dec 1 41% J!an 14 Dec 2 3'% May 19 1 6 48'% Jan 21 137'% Aug 5% Jan 3 21 105 102 Jan Jan 41 55 Jan 36% May 16 40 Aug 15 .47 01% Feb 29 38'A Jan 7 45 18 36% July 24 33 Feb 20 20% Dec 4 24% Jan 0 3 24 Jun 4 29 July 27 2 27 Feb • 15% July 28 2 30% Sep 35 Sep 8% Jan 2 25% Oct 16 25% May 8 22%; Apr 17 26% Nov *26% July 21 Apr 9 preferred— 4% International Mining Corp J, 1 of Canada eom__No par Preferred 1 ' 100 __ Packers 35 Int'l Rys * - 27 Vb 1 Jan 2 22 18 31 27 Jun 16 31% Mar 16 30 22% Jun 15 26% Mar 11 Jan 30% Jan 130 Feb 14 16 6 11 emit $1.40 Iowa-Illinois Power Gas & $6 130'A 1% 40% 1% 41 131 131 600 28 15,800 154 277a 21% 154% 156 'A 155'A *22% 22% 22% 22% 22% 22% 900 30% 31% 31 'A 31% 31 31% 5,000 *82 83% *82 85 *82 1% 17a *1% 4074 41% 41% *130 131 *130 a 156 85 * 2 41% 131 174 41 'A 129% V 2 4174 130 510 500 11,600 130 10% 10% *103/8 10%. 10% 10% 2,800 50 50% 50% 517a 5174 52% 12.500 LNo par *96% 98% *96% 97% 97 97 % . par *8% 58% par 25 & Teleg.Nopar 97 *97 98 200 600 8'A *8'A 8% 8% 874 8% *58% 59% 59% 59%. x58 58% *57% 58% 310 *43% 46% *43% 46 % *43% 46% 42 4334 *42'A 1,000 39% 39% 39% 39% 39% 39% 40 *3974 43% 40'A 46'A 46% 46 46 *45% 46 33% *33 33 % *33 33% *33 15% 16% *26% 27% 15% 15% 26% 27 157 b 16 26% 26% *874 3974 45% 46 46 *33% 46 *33 33% 16 16 'A 16 16 % 26% 26%: 1,800 800 33% 41,100 *26'A 26'A 29 29% 29% 29% 29% 29% 29% 29% 29% 29 % 1 ' 27 27 *27% 27% *24% 27% 28 2" 2874 28% 700 10 9% 9% 97 a 6,100 *35% 2,400 900 3.50 9% No par 36% 36% 35% 35% Co.No par 29% 297 a 297a 29% 29 7 a 29% 29% 30 % 3074 30% 1,800 10 23% 23% 23% 237 a 23% 23% *2374 23% *2374 23 7a 1,260 21 % 3.300 121% 30 Co & 8% *96% 8'A 59 25 5 Corp pfd Elec Light Co •Island Creek Coal 41% 240 2774 27% i- 10% Inter!ypc Corp.— Iowa 2 ; 239'/a xl53% 239 27 7 170 2,100 4.000 50'/a Utilities - *1% 85 *82 *238 17 10% 25 conv 85 238 16% 2,600 49% 1 Power 31 16 3 4 5'A 10% Interstate Dept Stores Interstate 22% 30% 16% 5 '/a 50% No par International 30 22% 16 "it * 10% LNo "International Telcp 33% Jan 22% 30% loo 6 preferred 7% 22% 30 5 % 237 27% 154% 5% 16% 237 27 154'A 88% 5 % 49% of Cent Amer com__No lg *235 155% 130% 88'A *87 5% 15 Limited 5% Jan 30'/8 Mar , 238 27 41% 88 88 % common—7.50 Paper $4 preferred Shoo 28% Deq 25'% Jan 8 Ilit'l Nickel Silver commoii 41% May 21 July 100 - - 5,500 14 % 24% 88 16% 23% 24 'A 24% 16% 1,300 6,300 237a *13% 24% 88 % 6,100 41% *1374 14% 24% *87 900 158 141/4 *13% 5 *155 > 40% 24% 22% 14'/a 24% 5 90 2374 22% 22% 42 90 23 22% *24 39% 41 % 4074 *13% 39% ' 30 3,2001 4% *474 4% 39% 14% •' 238 No par 158 24% 16% iNo par *154 22% 16% common 20% Jan 10 20% July 29 87 ' 39% 5% International 19 120 87 Machines " 39'A 5% International 29% Jan 5 24 % 15 3 29 13 22% *13% loo 26 Feb 39 % Feb 39% —No par Iron—j int'l Business 39% No par Rubber Jan 9 141'A Jan Inteilake 157 l Corp common •. preferred—-. 36% 36 ' 20 ■ 40 74 Feb 54 1 9% Jun 12 _No par 7 30 Oct 22 Inland Steel Co preferred In tenia tipiial Salt '10% Sep .36 158 7 57 32% July *154 10% Mar 17 May 29 Nov 13 158 International 45 26 ]()() *154 -International May 29 30% May 19 preferred *152 3 6'/a 10 36% 36% 90 127/b Mar 18 64 15 89 56% Mar 23 ' *36'A 89% 2 18 36% 89% 132% Mar 11 50% Jan 20 36'A 89 16 2 9% x89 30 Oct 22 9% *4% *46'A 37 90!% 5 68 Oct 9% *82 43% May 28 33% Dec 9% 90 2 Jun 9% No par 2% Jan 20 9% 42 47% Jan 7% Feb 9% 1 90 17 93% Jun Apr 12'% Oct 97 a *474 9 47% Jun 9% 41% 23 14%. Jan 50% a Inspiration" Cons Copper 300 51% *48% 47 1% Jun 55'% Dec *50 '/a 50% 41% 88% Apr 1 5174 *48% 154% 8 27 8% Oct 42% May 87%. Jan 4 5074 *50% 50 % 7% preferred ! 100 •Int'l Hydro-Electric Sys class A__25 Int Minerals & Chemical Com 15 Jari 128% Apr 10% Jan 4 *46% 51% 50% Int'l Harvester 2 , 50% *50% 7 26% Mar 24 83% Jun May 15 *46% 51% 50% *46'A *4% common 100 2,100 50% 50% *50% *49% 41% 4%% 47 51% 50% 47 a •Intercontinental 3874 50% 5 39'A Jan Jlily 22 *4574 *50'% *46% Jan 29'% 38 % 4574 2,100 8,200 104 *49'% 166% Jan 22% July 28 38% 45% 42 'A •Intercliemieal 33 373 4 46 *4% Insuranshares Cl.fs Inc 254% Mar 17 38% 46 41% 25 16 38'A 46 4% 15% Mar 13 41% 79% 787/4 *102 38% 42% 24% May 15 9274 Jan 14 10 7874 42 6% 41% 41% 105 36 % 5 Jun % 77 105 1 12 26% Jun 41 77 105 5 Rayon Jan 19'A Mar 11 41% 76% Indianapolis Power ,& Light—No par Industria Elpctrica Dc Mex, S A— >• 5% May 20 *45% 41% *103'% 76% Industrial Ingersoll-Rand 16 224 4 94 Jan 7 29% Feb 23 172 16'A Jun 16 38'A 38 46% 41% 105 50 50 Illinois Terminal RR. Co 28 48 7 Nov 13 38 *103'A ;_50 preferred cum 75% 78 % 105 r46 % 50 preferred cum 161% Jan 7 10 July 27 3% Mar 11 31% Apr 17 88% Jan 25 40% Muy 130% Jan 101 87 28 ftfrar 2 6'A Mar 16 56% Jan 13% July 17 21% Feb 9 July 14 96 40% 19 4% Jun. 10 155% Jan 18% May 100 41% 42 % 77 *103% No par preferred 52 4 21% May 11% Jan pfd ser A common 5 Oct 1 Co Jan 62 4% Oct Illinois Power 41% 20 common.lOO Co conv 49% Jun May 21 6 55 'A Oct 18 noncum 50 48 % 6%.Sep 41% Mar 24 44 6% RR 50c common preferred 1 21'% 120 21% 120 21 % 21% 120 120 20% *120 10 36 % 9% 9% 10 10% 36'A 36 % 37 37% 21 % 21 121%. *120 21 121' 21V8 2 *120 900 J 3% Oct 20 19% Jan 2 5'% Jan 26 19 'A Aug 15 3% July 17 21 'A May 18% Jay .81% Jan 2 90"^ — 96 Feb 15 100 Jun — 3 1 J6 May July 34 i 82 Apr 23 7 8874 Jun 19 59% Jun 10 50 % Feb 9 21 9 Apr 7 5% Mar 25 4 May 12 25% Mar 9 Feb 26 39% Apr 1 89 101 Jan 16 Jacobs (F. L) Lake Inc preferred Johns Manville Corp 62% Feb 19 30 71 'A Jan 7 25'% Jan 21 2 83'A Feb 25 85% Mar 30 31% Oct 30 90'% Apr 38% Feb 18 33 'A Jun 9 39% Mar 17 Joy Manufacturing Co 25% Apr 43 % Jun 30% Mar 12 Kaiser 16 82 Oct 16 74% Jan 60 2 Mar. 18 24% Jan 5 Johnson Jones & 5% & *22 20% 20 83 83 1 36'% 36% *92% 93% pfd—100 3%% 63% Oct 9 22% 20% 100 Co common.- 20% Oct 22 78% Jun 37 a 22% 1 1 Sulphur Jersey Cent Pwr & Lt 4% Jewel Tea. Co 37a No-par Co Jaeger Machine Co 'Jefferson 4 3% 3% 374 3% 4 4 3.700 400 22% *22 22% 22 22% *2274 22% 20 *20% 20% '20 20'A 20% 20 5 a 83% 83% 84 % 84 84 84 84 100 36% 36% 36% 37 3774 37'A 38 3.800 *92 'A 93% *92 % 93% 93% *92'A 93 % 59 7 a 60'A - *83% 36 *92% 500 5.300 60% 60'A 61% 60% 61 Va 56 57 56 % 56% 56 56 56 56 *5574 56% 1,000 22 % 22% 22 22% 22% 23 2274 23% 23% 23% 19,100 84 84% 84 84 84 % 84 843 4 84% 84% 230 1 34 % 34% 34'/a 34% 34% 34% 3434 3474 35% 3,700 —No par Johnson Laughlin Steel *3% 12 % com preferred series A 10 100 61 60% 60 *84 34% K 24% Nov 17 38% Jan 3 42 y2 Dec 16 49% Feb 13 *8 26 19% Dec 10 Dec For footnote* oaee 4 2* Jan 6 30 49 Feb 5 8% Jan 2 Alum & Cliem 1 26% preferred (conv) 50 44 % Kalamazoo Stove & Furnace L_10 4% 5% cum Corp 27 26% 26% 26% 27 265« 26% 26% 27 % 5.700 45 4414' 44% 44 44 44 'A 44% 44% 45 1,200 I *4% *4% 4% *4% 4% 4% 4^4 4a4 474 1,500 Number 5243 Volume 178 ... The Commercial and Financial Chronicle NEW YORK STOCK RECORD Range for Previous Range Since Jan. 1 26% Jan 5 30 % Dec 87'A Jan 2 96 95 15 Jan l.ow est Highest 103 % Mar 12 10 Dec May - Jun 10 94 1 16 85 102% May 21 106 NEW July 17 100% Mar 98% Jun 18 105 Jan 13 3.80% preferred-'- 9 4% 6 4.50% cum 2 9% Feb 28 10 45 16 36% May 11 17% Jun 15 21 19% Sep 13% Dec 19 10 26 4 July Mar 17 22 92% Jan 40'A Feb 20 71 20 VB May 40 Apr Mar 110 21 % Feb 1 5 114 27 Jan 26 % Dec 20 A Jun 18 Re.bey Hayes 24 Apr 7 24 19 28 Mar 17 10 41% Jan 5 9 93 % .Jail 5 34 Oct 21 39% Jan 33% Jun 5 54 % Sep 24 9% Dec July 41% May 19 95 Kinney May 12 $5 23 35% Jan 5 Kresge >8 57 'A Feb 5 Kress 28 42 6 % Mar (S S) 8 Jun 5 Jun 16 ' 2 23% July 27 Lambert July 31 18% Mar 18 Lalie 9 Jan 21 11% Mar 7 16% Dec 12 15 50 19 Jaii !»% - 24 • I/, * Laclede 7 t Gas 12 48% Jan 23 2 25'/.. July 16 20% Apr 28 24% Mar 17 Lane-Wells l 72% Jan-30 48% Jun 24 64 Jan 9 Lee 25% Jan 12 29% Feb 3 Lees 92% May 1 9% Dec 22 86 7% Jun 30% Nov 26 25% Jun 21% Dec 16 16 2% Jan 4 17% Jan 29 23 '3% Dec 29 5% Feb 70% Fell 21 81% July 13% Dec 18 Nov 17 25 27 1 4 160% Jan 2 -49 May 43 * 1 9 10 22% Jan 20 1% Jan 7 14% Jan % Jan July 23 30 155 Jun 5 173% Apr 74 Dec. Jl 7 58% Jun 38% Mar 17 80% July 30 167 _ 2 72% .Jan 9 Jan 6 Jan 15 48% Jun.25 38% May 27 47% Mar 1(5 xl2% Apr 33'% Nov 30 21% Dec. 26 19 % Feb 9 27% Mar 27 14 46% Mar 17 32% Jun 10 38% Mar 3 22 17% Jun 15 21'A Feb 4 75% Apr 14 24% July 1 18% Jan 4 641 31% Nov 16% Oct 66 1 Nov 26 18% Apr 15 11% Oct 28 23% Jan 30 Jan 2 102 Jail July 14 2 107 Dec 24 101 106% Nov 21 97 Jun May 101% Jun •20% Aug 143 Jail 5 3 Dec~18 25 % 24% Jan 158% May 24 147 Jun 10 18% Mar 25 12 110 23 Jan 29%.July 31 158 % Mar 12 15% 15V4 13'A *15% 15% 51% *50 51% *50 51% *50 8% 8% 300 22% 3,106 15'A • 22% 15% 15 15% 1,700 51% *50 51% *50 8% 8% 8 »A 8'A 50c *5 McNeill ' Lily 5 com Oil 26 26'A 26 26'A 26 26% 17'A 17% 17% 17% 17% 18'A 1% l'A l'A l'A l'A 1% r.8% 8% 8% 8% 8% 8% 8% 8% 9'A 3 3% 3% 31/4 3'A 3% 3% 3% 3% 1,400 2,100 1 66 65% < 19% 19% 19% 19%' 36% 36% 3 6'A : 9% 9% *36 9% Co *161 80 ¥2 164 162 ,9%' 5,600 36% _ 80 % 7,100 162'A 100 62'A 1,300 60 531/2 60 59% 60% 41 41 40% 4 l'A x40'A 40% •40% 40% 23 'A 23'A 23% 23% *23¥4 23% 23% 23% 1,000 32% 33 32V2 33 32% 33'A 33 33% 33% 34 4,200 18'A 18'A 18% 19 19 19% 19 19'A 19 19 -2,700 ■69 *66 *58% 20 33% Aug 99% July 8 30% Apr 6 7 92 May 25 88% Apr 23 *66% 69 69 *66 % *66'A 69 20% 21 20'A 20% 20 3 4 21 21 211/4 21'A 21% 10,500 12 V2 131/8 12% 13 ■ 12% 13 12% 12% 12% 12% 50,800 291/4 29% 291/4 28% 28% 28 ¥2 28% 29 293A; 2,400 25'A 4,100 10 com — 100 100 *1031/4 .*29 » 27'A 2,200 16% 16% 16% 16% 7,600 *102% 103'A 100 99% 50 *103 103'A 103% *103'A 103% 103'A 28 28% 28 VB 103'A 28% 28% 150% 28% *150% 152 99% 103'A 103V4 28'A 109'A 300 I .. ' *103V2 *150% 25 1091/4 ■" 103 »A *98% 99% 150% *98% *103 29'A 29 'A 103% 200 29% 15,600 v 152 *150 152 , •• ' *150'A 152 10 ' 65% Inc com—1 *32% & Sons 27 *98% 38% 93 'A 100 10 Co 103 26'A 991/2 38% preferred series A__ 'i 25Va 16% 16 'A 104 25'A 109'A 25% 25'A •16% 24% 109 99 'A 65'A _ *108V4 109Va 24% 24 % : 251/4 25 *103V'4 50 - 109 16% 104 (Ky)_Nopar Nashville 24'A 24% *108'A 991/4 -100 — 24% • *98'% • —10 1P1. Co common 24 % Feb 69 1,600 1 _100 Louisville • l'A .—10 Co 2 *66 'A 6 No par preferred MacAndrews'& *36 80 % ,6,100 23% : preferred-' 5.25% preferred series C Feb *161 9% , 381/2 1,300 1,600 • 41% B Wood 164 8QI/4 9% 20 37 59% pfd series A M 9 ¥2 *36 19 % 36% '• 231% 16% Mar 20 *161 3&% 41% 16% Lighting (M) 164 20 *58% 26 Steel 19% 80'A 162 % 15% , 36% 79% 162% 67% 15% 9% *35%, 79 % 25% 4'A% 9% 36'A 79 109 Lowenstcin 5,200 4,000 No par ; Lulcens ,. *36 241/4 26 / 67% 15 14% 14%- 79 % 37 79 preferred—100 — & 14% 67 36 ¥4 ' 36% 9% 66 " 15 66%. ' 36% *108 P4 7% 66 * 20 14% —10 Lorillard ) 10,200 > 5 Aircraft Corp series "C6 15 preferred 100 Long Bell Lumber (M'd)> A—No par 5% V 4,100 800 l'A 19% conv 5.25% 4,000 No par convertible Long Island 81/4 2.50 /Liquid Carbonic Corp com 4.75 8'A t 17'A No par Corp Co—__ 3'Ar!o 8'A 26 _100 vl.ink Belt Co*——— 'Lionel Corp (The) Lion 8'A 800 l'A 36 »A 5 25 preferred Cup 87% 16% *14% - 7 .Corp-.;. Myers Tobacco Tulip *84'A 25% 66 1 ■ Savers 7% 87% 2,900 - Libbyg & *84% • l'A 3 _No par Cofp (Th.e) r Fink Products; Liggett & 26% 17% 8% No par ?,Libbey-Owe»s-Ford Glass Coj 10 •Libby *26 'A ' /;Lerncr Stores Corp——; ./Life 50 3A 26'/a 26% 1st preferred.—No par pld 21% 50% Va 17 1% 2nd 21% 21 26 1 noncum 8 4,800 5% 22% 8% / 8% 5% 22% 87% 4 600 2,900 *5% / : *84% 2 22 5% 22% 87V2 07%-Jan Jail *5% 22% "84% 41'A Jan 35 'A May 25 8% 8% 8% 5 % 231/4 87% 10 97 8% 5% 22% *84% 20 45% Jail 8% 5% 15% 1 , 34% Jun 30 8% 23% 26'A' 58% Apr Jan *5% 23 —50 23 50 8% .-4 — 67% Dec. 30 8 42 25% " 25% noncum 2,400 53% 41 % - 9 lb 53 41% 26% $3 60 33% 53% 41% Lehigh Valley Coal common ■ 33% *52% 41% — 20 37% Ocl, 34% 53% 41 'A No par Jan 91% Jan 280 *52% A-. 52% Feb 41 % Dec 3,600 86% 53% pfd_"75 Pesos Mex —; Louisville Gas & El Co 33 32% 86 *25% 103% July 13 5 33% 32% 26 9 18 34 ! 32% 87 25% 14 106'A Jan 6 33'a 600 41% common— 15% Jun 34 39 85 %i 411/4 Gas 2 33% 200 39 85% 25% *52% Star 17% Dec 34; 25% 38% 86 53 Lone 2 33% *86% *25 4,000 42 Corp 14% Jan 87 *85% 1,200 41% 52% Cement, 35 % Mar 26 32% 86'A 38% 37% 86 231/8 105 41 % Star July 28 32% 37% *85% 41% *101 _No par •Lone 25 101 32% *86'A 34 'A Mar 19 7 2 5'A 25% 32% 10 43% Fen *24% % 23 42 106 86% 28 5 25'A *24% 41 *101 32 Lockheed x27% Nov *101 & Sons Co common—3 13 15 25% 23 41 106 40% . 23 23% 23'A '• 86% fLoew's Inc Apr 41 106 87 14% Mar 25 26 *24% 41 *101 32 Va 26 'A Mar 19 1091/4 July 31 23'A 231/8 41 31% 74 16 23'A 106 ho 28 15 23 40'A 38 23 23% Jun 13,800 b5 17 103% Jun 17,000 46% 38 Jun Jun 65% 43% 45 38 11% Jan 28 4,000 64% 86 20% Apr Feb 18% 63% 45 17% 21 13 •5 10 18 62% 44 51 HPffi Apr Jan 18 62% 21 'A 4 8% Jan 18% 61% 43% *50% 42% Feb 34% Jun 17% 43 50'A .22% »Mar 17 / 74 17% 62% 42'A 50 19% July 28 15 17% 61% 20 3 I.ehn & 13 2,400 49 % 2 29 11 21 18% Mar 27 Feb 11 20% 2 Jan 11% 49% 8 Dec 11 21 Jan 38 11 49% July 16 7,000 11 49% 35'% Jun 7 17% 21 14 80% Jan 17% 38 preferred 'Lehman 76 ■ 4 17% 17% 100 (The)- (James) 100 17% 1 22 ' 6,100 35 17% 5 6 3 43% *34 *34 171/2 43% *101' 10 — 3.85% A'hir '>4 10 24 43 35 42 35 *34 preferred/: 100 Lehigh.Coal & Navigation Co 10 Lehigh Portland Cement 25 Lehigh Vallpy RR No par 23 Apr 43 42 41'A 35 _No par 1 Co no 63 10 Rubber & Tire-— 65" 42% Dec, 23 Jan 4%%, 18 11% Jan 26 Feb 8% July 27 2 *33% Feb 95 Jun 1% 16% Mar 28 28 July 14 .Mar 12 41 40% *33 *85 — Bryant common 10 8 — Co Co Jan 26% Dec Co 70 102 % 17% 1 —C— 9G% 102 102 -1 — 96% 102 No par common. &. Co *94'A 42% 100 . _ Co .La Consolidada 6% 20% Jaii fit! (cum) *94% 2,200 881/2 62 2.50 (The) -54% May 35% Oct 1——1 com—_No par Corp R) iS 11) 19% Jan 8 61% J till •10% No par preferred Kroger Co 6 ...7% May 10% new preferred 19 -J 5'A Dec 21 10% Koppers Co Inc common ui.ii f 18% Oct : 10% Corp (G prior 37% Apr 3 42% Dec 5 Wneel preferred conv 4% 85 Nov .5 _ Land Co King-Seeley 31%-Jun 13 17% Copper County 4% 21 ■7 17% Kimberly-Clark 97% July 30 l 17% Co & 28 % v Keystone Steel & Wire Co__..No par 49% Jan 26 17% 9 28 19 8.75 6 23 Feb 34 % ... 3 Apr l'A Dec 42% 34% . Jan 35% Oct 14 41% 50 I preferred 24% Feb 23 8 21% May IO21/2 49 16 Apr 22 1 102% 111% Feb 39% Jun 108" 12 Jan 2 102% 7 3 2 78% Jan Jan *101% 28% *87 " 102% 21% Jan 7 8'A May 96% *101 % Soutnern— (Julius) Kenneeott 27 :88 *94% Kern Oct J5 96% 8 Nov ;20% Apr *94% 25 80 Dec 97 Feb 25 *45 *95 100 Jan 2 7'A Jan 87 28% Shares July 31 28% 87 82 ulj 2rf 8 8 Va Mar 13 28% 87% 00 O 91 ■ 28% 87 % 42 '/8 Apr 25 28% 87% 61% July 29 18% Jan 50 '/a Mar 25 28% *87 the Week Friday Jaly 30 87% —1—. No par City Kayser 28% Sales for Thursday July 20 100 — Kansas Power & Light Co 70 '31% Jan preferred non-cum 27 28 'A SALE PRICES HIGH Wednesday July 28 , *87 9 July 22% Aug 51% Sep 30 13% Jan 17% July 28 68% Oca 4% Tuesday July 37 100 - Common May 25 1 Monday Par preferred Kansas 39% Jun 32% Jun 16% Jan STOCK Kansas City Pr & Lt Co com_No par 31% Mar 13 95% Jan YORK LOW AND EXCHANGE Highest 26% Jun 3 Sontinued—Page 7 STOCKS , rear J 5).>2 Lowest 1 (399) 40 93'A 39 64% 64% . 38% 39'A 391/4 39% 2,600 64 ¥2 39 'A 64 64% 64% 65'A 3,000 33 32 % *93'A 32% 9 4'A 32'A 32% *93 'A 94'A *93¥4 40% 42%' 42% 40 x40 40 M 38% 38% X63 ' . 33 33 33 94'A 43% 33% 4,100 *93'A 94'A 43% ■ 44% 2,500 9% 1,300 r , Nov 10 14 15% Jan 40% Aug 4 45 128% Sep 10 135 12 Oct 30 24% Oct 22 Dec 84 16 26% Oct 30 15% Aug 13 7% Dec 24 Dec 6 20 9 Apr 18 8% Oct 2 10% July Jun 8 45 Apr 6 132 10% July 13 28 30 22 Jun 28 80 July 9% Mar 13 10% Jan 24 2 52 % Feb 25 23 Nov 17 85 Oct 7 8 Jan 26 5 Feb 8 Jun 9 16% Jun 9 10 519% July 25 8 Jan 23 July 11 12% Jan 29 % Jan 13 7 ' 22 32 28 8 12 Mar 23 Mar 28 9 11 18% May 13 10 13 Mar 15 53 Feb 23% July 13 82 9 Jun 1 1 No par - Shirt Oil tconv>_ 50 Marshall Field & Co com—No par ifi 88% Mar 16 1 Dec 19 12% Jun 16 18%. Mar 20 15 13% Jun 2 11 % Jan 2 -21% Oct 28 33 % Jan 2 19 Jun 22 25% Feb 2 Masonite 17 % May 12 20 % Feb 18 18 July 13 20% Jan 2 Master 38% Oct 30 104% Jan 3 29% Jail 25 90% Jan 2 90% Jan 79 49% Apr 41% Jan 2 Mathieson 10 98% Jun 30 110% Jan 5 4.25% 34% Aug 11 27% Jun 10 98 July 21 83 % Jun 5 95 Jan 20 12 95 Jan >6 85 % Jan 13 Jun 97 May 7 82% Jun 87 May 2 75 4 45% Jan 18 15% Mar 12 July 19% Dec 31 17% Jun 51 30 49 Dec 32% Mar 23 2 lu 21 Mar 16 July 28 52 Mar 12 Mar 25 19% Dec 4 16% July 14 21 % X22% Nov 7 26% Dec 31 24 1 30% Feb 10 Feb 28 45% Nov 13 42% July l 45% Feb 17 42 14% Oct 28 89 % Dec 30 55% Mar 38% Feb 1*7% Mar 98% Apr 12% July 14 Aug 19 ,"23% Mar 8 .12% Oct 22 Jan 1 3 15% Jan i 4 12- , 9 22 93% Dec 12 121 Jan 33% Jun Oct 15 37% Dec 18 92% Jan 2 101 3 108 Jun Jan 14 '91% Feb 20 Oct 6 87% Jun 95 .48 May 1 .28% Mar 19 14% May 22 23 May 92% Jun 92 Jun 25% May 16 4 10 4 8 25% Jan 87% Feb 111 Jan 5 Jan & Co Inc $4 30 conv, $4.25 2nd 18 20% July 28 81% Jan 28 55% J uh iO 20% Feb 14 28% Nov 28 22% Jun 9 footnotes -f-t- <age 294a Mar 66% Jan 27% Mar Miami 2 9 Middle 83 83 *82% 83 130 13% - 13% 13% 13% 13% 13% 13% 22,800 12% 12% 12% *12% 12% 12% 12% 6,800 19 19 19 19 2,000 19 19% 19% 18% 18'A 18% 18% 18% 18% 18% 2,100 38% 39% 39 39% 38% 39% 14,700 *99% 100% 99 % 99% 30 % 30% 30% 30% 90 89 89 39 100% .30% *88% 90 89 88% *79 81 18 17% *47'A 49 49 16% 16% 16% 25% *43 12% *78% 88% 100 1 31% 90 *79 3,700 90 % *88% 81 40O 31% *89 0078 *79 81 100 81 80 180 w 18 18 18 17% 18 1,100 50 *47 50 *47'A 50 100 ie% 16% 17 17 17% 2.10Q 25'A *25 25% *25 25% 44 *43 44 *43 44 *43 44 13 13 13 13 13 13 2,500 80 79'A 79'A 80 78 79 120 *63% 64'4 63'A 63-1/4 64'A 64'A 58 % 59% 59% 60 GO 61% 62 30 30 30% 30% 31 31% 1,100 58 1,700 25'A 25% 12% *79 63% . v60 64 30% *30 30'A 56% 56 55 55'A 55% 56% 57 34 34 ' 34% 34% 35% 35 300 — — — ' 1,900 1,800 2,100 Inc Co common 1 —3%, 16%c No par pld No par Copper South 3,300 83 *821/4 83 '27 y4 Co.—No par preferred/series series series Mid-Continent 24% 310 preferred preferred 5 24% 89'A 24 26% Dec 24% *87'A Jun 8 23% 89% 96 16 23% x88 Merritt-Chapman & Scott—-—12.50 Jan 23% 89'A Machine Co_—-j,— 5 Metropolitan Edison 3.90% pfd-100 4.35% preferred series 100 3.85% 800 23% 1,900 Mesta 3.80% 12% 53% 25% 2 4.45% 12% 53% 25% 9 4 12% 53% 25% 25% Mar 30 13 12'A *53 % *12'A 39%-Jan 93% Jan 5,400 12% 53% *22% Mergenthaler-Linotype 93% Feb 12,400 12'A 53% 13 2nd .preferred--——^No par 107% Feb 19 1,600 22% 98 % Jan 3 8% 19% 25% 16 12 8% 19% *25 11 July 8% 19% *12% 19 May 21 700 8 % 19% 8 19% *22% Jun Jun 1.30O 6% 13 Jun 84 6% 24 12% *79 17% N 19% 8,800 53% 89 16% 8 8 *5% *23% 3,900 19% 22% .Jun 99 19% *6% 6% 6% 24 26% 525 *12% 86 88 22% 18% *510 *22'A 22 3 *5% 25% 19 13 31 97% Jun 6% 6% 26% 525 22% 2 95% May 23 109% Aug 8 *510 *12 11 2 6% 18% 18% *22% May 27 Feb 6% 25% 26% 525 12% 25% 54% Feb 105 18'A 22% 28% Jan 25 26 *510 230 34% $3.50 preferred 94% July 29 31 Merck 19 20 1,100 12% Mercantile 18% Jun 7% 22% Corp^—„ Stores 7% 34 19% Jan 7 7% 1 50% May 21 9 7% 10 Corp common J No par ?4%%i preferred (1st series)—100 Shoe 7% 18 Mead Melville 7% 2,700 Inc— 46% July 21 58% Oct r. Mfg *30 2,100 18% 38% * 99% 30% *88% 39 60 8% CoJ & Robblns Stores'Co— Norris 5 Mengel Co (The) -common 1 .5%- convertible 1st preferred—50 80 2 . 7 McQuay 64% 60 23% 81 *8% x55 33% Mines 16% Jun 35% Jan 3 McLellan 22 "Mar 20 _1 No par 5 Porcupine McKesson 2 2.1 28 Co— — 14%*Jan * 6 New Mclnlyre 38 % Jan 2 8 2iy2 Dec 12 26% Jan 10 10 For common__50c preferred—100 Corp Electric 2 12% Feb 16 84 % Jan 31% July 31 ,71 % Jan 26% Jan Dec 104% Oct July 29 July 28 16 Feb 27 30 26% Dec 24 15% Apr 20 Stores convertible -3%% 6 12% July 27 23% Jun 16 2 Jaih 14, 2 55 33% July 22'% July 7 21 28% Feb ..9.4 . 28 '26% Jan. 50 % »'hi- 91 McCrory McGraw-Hill-Publishing 22% July 15 105 preferred— M'cGrtfw 3 Jan common 67% 31 101 Corp •73%'Mar 12 12% Nov ... No par 3 ——50 Corp $2.50 52% Jan 23% Jajl 22 McCall McCord 63% July 29 46 Nov No par No par 25% 44 13 80% *63'4 No par common preferred Dec 17 28 $3 Nov; 28 33% Nov Oct 8 Jan £3.40 cumulative pi'd Maytag Co 56 i 22' 4 92 July 31 5 preferred-——. __No par $3.75 cum pld 1947 series-No par $3.75 23% 81 8% 25% 83 1 3% 99% 30% 90 90% 81 17% 50 16% 25% *43 12% 79% 100 May Dept Stores common 23% 81% 8% 525 12% 19 preferred conv. 23 *80% 8% 7% 18/4 38% 99% 30% *88% ' 89 *79 17% *49 7,200 22% *23% 18% 200 10% 81% 6% 12% 19% 10% 8% 23% 18% 10 % 42 134% 22% 19 12% 53% 23% 23% 83 13% x9% *41% *131 *80% 22% 8 22% 9% 41% 134% 8% 23 81 *5% 12% 19% Corp com—5% 71 83% Apr. 47 15% Feb 78 7 25 Chemical 10% 10% 23 % _1 — 10%| *131 6% —No par .——No par Co— 5 20 *86: Jun —1 20 Nov ..65 Electric 16 113 _100 _ Co— Martin-Parry Corp Corp—; 34% Jun 2 14% Jan (Glenn L) 10 10 Jan 5 preferred 4%% Martin 23%*82 13% 41% 41% 134% 10% 22% 80 h 8,8 7% 25 % 17% "510 6% *5% 8JA 19% 12 12)4 53%' 53% Corp common—__5 9% 9% *41 *131 19% 22% 80% 8 A 9% 41% 134% /2 131. 8% 18% preferred 25 9 22% 1 6.25 Corp 41 4 8 8 25% 26% 17% 17% "510 525 6'A 6% *5% 6% 5 —— Exploration-; Midland 4%% 8% Jtin 14 % Mar —___10 ______—. (The> Bros .9 % Apr I No par Mahoning Copl ER Co___——-—-50 Mandel Marine 25% Mar 19 No par Manati Sugar Co Marathon Jan 25 11 % Jun 52% Jun 22% 'SO "8 A 100 Garden 41 10> No par com Magic Cliel' Maracaiho Mar 22 Jun Square Manhattan 25% Jun 22 94 Madison « 9% 9% 9;« *139'2 134/2 5 Co Inc Magnayox Co 8 100 4%%-preferred series A Magma Copper Dec 8 (It II) Macy 4°' common—10 Mack Trucks Inc.- 9 8 % Feb 10 Forbes 9;j« 5 preferred 6% 6 57% Jan 27 % July Working Co Apr 552 16 7% Jun 17 Jan 8 M &, 22% Jan 8 6% July 28 5% July 14 11% Mar 18 May 9% Jan 16 14 Dec Jan 23 87% Mar 27 3 7% July 30 5 24 Mar 24 13% Jon 19 22% Nov 536' 19 22 % Apr 41 127 90% Jan 39 12 7 31% Jan 29 7% Oct Apr 9% July 14 3 May ' Jun 17% Jan 7% Aug 25 485 25 j. Petroleum Utilities 24 / -100 100 100 5 10 Inc—No par • 56% 25% "87% 27 *13% '88% 27% 14% *46% 48 *17 17% 19% 18% *84 * 86% 95 95 94 94 *25% 26% 23% 23% 31% 31% *90 91 *97 99% *88% 92 *85 89 *100 101 20% 20% 58% 25% 58% 25% 25% 25% 25'A *88 89% *88 27 14 19% 19% 86% '84 95 95% 27 V8 14'A 14V'8 14% 14 48 46% 46'A *451/2 47 17% 17% 19% *17'A 17% 100 19'A 19% 27,400 86% *82% 19'A *84 19% 19% 86 ¥2 94% 94% 25 A 23% 31/2 23% 23'A *84 99% f2 *31 90% *27 .*88'A 26 23% 95 86 95 1,400 94% 94% 95 *25% 26 26 26% 600 23% 23% 23% 3,200 32% 32 32% 500 91 91 91 23% 32 *31 91 91 *94% 95 ¥2 99% *97 99% *971/2 *88V2 92 *88'A 340 70 99% 92 92 89 | 50 94 »A * ■ 31% 91 °97,/ "88 2 '85 101 20% *17 94% *25 ¥2 500 14'A ' 94'A 94% *90 300 *46 ¥e 25% *94,, 27'A 27% 1,000 13 *17 1 17% 17% 27% *23 26% i V 2,900 *13% 27% 48 13% *46% '351/4 *85 89 102 102 102 89 *100% 89 102 *87 *100'A 89'A 102 10 60 21'A 21 21'A 5,200 20% 20'A 20% 201/2 58% 59 59'A 59% 59% 61 61 61% 7,400 25 25 % 25'A 25% 25% 25% 25% 26 5,500 i The Commercial and Financial Chronicle... Monday, 20 August 3, 1953 (400) Continued—Pagt • NEW YORK STOCK RECORD Ranee for Lowest Highest Lowest 1 1 40 Sep 3 132 30% Jan 22 22 17% Nov 28 19 13 20 Oct 6 13% Feb 26 15 % Oct 23 14 62 % Dec 45% Feb Mar 107 39 139 28 Minneapolis & St 2 Minn St 62 7 Minneapolis-Honeywell Reg 11 Jan 49% July 15% Jun 16 78 July 16 88 Jan 5 22 July 14 26% Jan 22 91 % Jan 7 30% Jan 2 39 Min & Mfg Minn 6 33% Jun Dec 17 Jan 19% Jan 23 40y4 Mar 26 15 20 34% Mar 25 Mission 22 20% Jan 22 17% Jun 9 23% Mar 25 Mission 16 38% Dec 11 34% Jun 1Q 41% Mar 17 3% Oct 10 8 % Feb lfi 50 27 '/a Feb Mar 12 37 5 60% Jun Jan 16 67% Dec 31 21% Apr 21 59 % Dec 23 24% Nov 12 31% Jan 7 12% Mar 20 82% Oct 30 10 32% Mar 12 30 13 Jan 5 .15% Mar 25 Mojud 9 20% Mar 23 Monarch 95% Jan 10 80% Jun 17 28% Jun 30 20% July 28 31% Dec 19 25% Jun 67% Jan 2 20 14% July 28 18 % Apr 15 10 12% Jun 10 15 '/a Apr 16 Aug 44% Oct 14 31 Jun 10 43% Jan 6 • 22% Jan 32 Dec 31 25% Dec 15 22% Jun 23 Dec 8 i 29% Jan 25 20 5 13% Jan 26 12 lg 57% Jan 4 106V2 Oct 6 110 Nov 21 % Dec 1 48 Dec 22% Dec Wheel 25 Fell 2 35% Feb 38 J'jin 17 Jun 51 10 19% July 22 81»A Apr 3 26 Feb 50 24 99% Jan Myers National National Jun 10 21'% Mar 9 National National Aviation 35'% Dec 31 2 179'% Jun 18 158% Jun 24 173'A Jan 5 8% Oct 21 12% Jan 28 10% Jun 10 13% Feb 26 3 2 2 19'A Mar 27 1 56% Jun 10 62% Feb 4 National 4 13 Jun 16 153/4 Jan 8 17'% Jun 16 23'% Jan 8 National 110% Jan 17 25% May 1 33 165 Feb 20 177 136 87'A Jun 24 23'% July 98'% Oct 26 99'% Jan 20 7 8 Jan 29 Jun 155'A Jun 18 147'% Apr 24 93% Jan 172 144'% Jan 8 9 8% Jun 8 3 23 31% July 30 30'A Jan ' 9 34'/a Sep 22 29 43 1 53 42'A Jun May 25% Jan 9% Jan 30 40% Jan 26 27% Oct 22 35 15 91 23 Jan 2 3% Oct 11 23 13% Dec 104 % Jan 293/4 May 20 4 % Jan 2 30 11 10'% Jun 10 13% Feb 26 .3 13% Jan 5 163A Apr 8 105 9 22 Jan 27 10% Apr 11 29 31% Jim 106 45'% Oct 20 56% July 1 11% Oct 16 20% Feb 4 11% Jun 38 16 75 Jan 7 66 ll 30 36% Nov 24 22 20 49'% Dec Jun 40 9 14% Apr 24 52 Apr 92'% Jan July 21 Jun 56 Oct National 8 15% Jan 7 21'% Apr Co York Air York non-cum & V Jan 22 24% Jan 2 28 Jun 6 24% Jun 10 76 28% Feb 2 2 75 28 803/b Jan 12 12 79 Jun 22 87'% Jan 87 Jun 29 18% Oct 28 26% Apr 1 17 43'A Jun 53% Jan 12 26 16 19 Jun 19 23% Mar 24 Apr 23 15 . Apr 75% Jan 28 17 35% Mar 7 59 5 Feb 17% Dec 8 16 89'A Dec 19 83 47'A Dec 30 943% Mar 29 10% Jan 2 13'ADec 16 82 2 90'% Dec 1 Jan ' July ; 6 34% July 28 64% July 28 Jan 20'% Mar 19 87 > Jan 16 463% Jan 2 84 6 Jan 11% Jun 16 14% Mar 12 78 24 87 Apr 105 Jan 3 110 Nov 7 100'% Jun 18 Jan 5 102 Nov 25 893/4 Jun 19 54% 17% 17% 10 19% 19% 19% 19% 193A 19% IS3/* > 16 16 %> 59 % 59 % *89% 32'% 162'% *137 8'% 32 11% Apr 30 11'A Sep 9 19 Sep 8 183% July 18 33% Jan 100 2 Jan 14 88% Jan 8 RR 104'% May 15 27'A 88 % *873A 88% 283% 28 3/4 28% 28 3% 283A 6,000 1143/4 114% 114% 1143% 114'%' 114% 7% 63% 2.100 52,200 *114'% 6% 7% 1 10% : 11 53/4 *11 15'% '105 12'% *87 7% 11% 11% 11% 11% 11% 3,300 5% 5 A 53A 5% 53/4 53/4 900 11% 11% 11% 300 ♦15 3% 157/a 900 113/8 11% 11% 11% 15% "15% 153/4 15% 15% *155% 106 12% 89'% 105 12'A 33% *90 13'A *87 41 105 , *105 106 *105 12 3/« 123% 33 % *33% 91% 12% 333A 34 *90 106 12% 125% 91% 16 333A 91% *90 13% 13% 13% *87 89% *87'% 90 41 13% 41%- 41% 42 13 3% 89% 41 106 50 12% 13 5,200 34 34 600 *105 *88% 90% 100 13'% 13% 16,800 *87% 42 125% *69 70 26% 273% 27'A 27% 27'% 27% 2,800 19% 19% 19% 19% 193/4 19% 197/« 1,300 24 24% 24 24% 24'A 245% 24% 243/4 71,800 38 38 3% 38% 385% 383% 38% 38% 38% 3,600 1063A 1063A 1 27 27'% 26% 27 19% 19 % 19 24% 25% 38'% 38% 71 12 3% *69 107 16% *66 107 17% 69 107 17 *66 107 17 17% *66 69 107 107 17'A 17'A 17% 69 *66 69 *107 173% *66 *83 86 *83 86 *83 86 *83 497 *400 497 *400 4^0 ♦400 489 27 3% 27'A 253A 27% 25'A 26 25% 26% 59'% 100 59% 58 3/4 59'% 58'% 59 59 593% 59% 59% 2,500 19 19% 19% 19% 19% 20% 19% 21% 12,900 32% 32% 32% 32% 32% 32% 86'/a 86% 86% *86% 2\j */8 2t> 2u-,« 26'A 77 77 19 1 19% Corp— 32% *84 33'A 86'% *84 32% 86'/a 25% 26% ^0% •- *76'% 78'A 76% *84 76% W 2o ' *76% 78% - *75 2 . 8% 17% 82% 89% 30 8% 173/« . 3,700 17% 900 8% 17.% 17% 17% 45% 44% 23% *23% 20% American-Aviation 1 16% 163/4 16% 16% 16% 16% 16% 16%* 16% Northern Central Ry CO. Northern Natural Gas Co. 50 83% 83% *83% 84% *83% 84'/a 10 35% 36.'% 34% 35'A 35 Northern Pacific - Ry—' . 100 Northern States Pwr Co (Mnn)— Common 8 65'A 67% 64% 65% 12% *84% 12% *84% 100 *103 *92% 00 , *83% 84 84 . , 35% 36 35% 36% 65% 66% 66 3/4 67% 67% 69 12% 12% 12% 12% 12% 12% 13 85% 84% 84% 84% 84% 84 84% 103% 103% 104 104 ■" 103% *93 94 •- *93 94 104 104 *93 - 104 94 *93 ' ,16 %•«•- 36 ' i 8,000 200 20% 19,600 9,900 100 5,200 25,400 9,300 100 130 94 12% 12% 13 5,300 11% 11% 11% 11% 11% 11% 12 12% 3,800 20 20% 20 20% 20% 20% 20% 20% 3,100 20'A 20'A 20 % 20% 20% 20% 20% 20'A 20% 20% 600 12 36% 36% 36'% 36% 37 37% 36% 37% 37% 37% 4,700 97 97 97 97 97% 98 *97 88'A 87 88 87 87 *86 3A 104 104 104 *103% 104% 102'A 102'A 102% 60 / 563A 563/8 56% 21,700 25% 25% 25 % 2,000 25 common .100 *87'% May 18 106% Feb 28 4.56% preferred .100 *102% Jun 12 104 9 4.44% 12% 89 12% 88'A 12 34 103% *103 104 102'A 12% 10334 12% *100% 102% 12% .100 101 "2 101'% No par 55% '56% 55'A 56 55% 56% 56% 10 25% 25% 25% 25% 25% 25% 25'A 20 Co 17'% 17'% *17'% 1 11% 11% 11% com preferred Corp common preferred. 100 *82 84 *82 18 11% 83 *17% 11% 81 18 ll3/8 82 97% *101 *100'% preferred convertible 84% 45.%,-. 24 .3.50 preferred 4% % 94 44% 11% ;n'% : .100 4% 103'% - 20% 12'% .. preferred preferred Oliver 13 85% 44%: « 20 1 Northrop Aircraft Inc. Northwest Airlines Inc common—10 Elec Co 500 *82 20% & 78 *87 8% 44% 100 20 22,100 87 20% ... 5,300 87 82-% 8 3A 8% *17% 9 ♦23% . 33% 26%- * 23% Gas 15,400 27 5% 26 3% 44% Oklahoma ~20 86 *400 20% 28 3,200 68 85 23% 10 1,100 17% 497 20% 2j°/a Jun 107 % 85 233/4 27 % Dec 30 71 *400 20% 2 1,600 123A 12'% 70 *69 44% 22 6,000 42% 12% 71 12% 70 20% Oil 90 *12% 12'A 123A *23% Ohio 6% X11 % *11 42 3.90% I 7% 7 15 5% n3/« 41 4.40% 95 V« Jan 7 "♦ 11% 20% 56% July 31 ?4 5% 44% Oblo footnof« 6% 11 233/4 10 Fcr 53/4 115 27 23 3A 49% Jun 4,400 27% 26% ♦87% 26% 88 44% 60% Apr 10 600 265/8 2 6 27% 88% ' 12% :Ry com 2 2 27% 28% 97 14% Feb 27'A 20'% Edison Co 100 5,900 27% 27% i 29% 46 10 4.6% 600 1,100 45% 25 25 &. Western 8% 32'% - *87% Tun 18% Jan *28 70 137 128 3A Jan 19 32% v 60 15,800 330 164 No par Adjustment preferred ; American Co 07 July 31 July 30 *8'A 600 -4,000 - 33% 33 163% - >90 45% 17% 106 Jun 29 ' 20% 20'A 893% - 443A 17% 12 11 *27% *28 .17'A 12 80 27 % . • 1 10 17 *27% 443A 70 — 83 9 " 44% 13 3% 88 No par Corp Chemical Co 94% Jun 2 • '44'% 87 34% Jun 6 29 317% 32 *28 32 *82 22 19'A Dec 3,800 ■137 8% 8% 89% 39'% Dec 17% Jun *31% 29% 137 5 • 823/4 106% Aug 12 94% ADr 10 108V* Jun '60% 26% -263/4 1 Norwich Pharmacal Co. 12 *31'%- <32 8% *87 9 27 32'A 137 ; 137 8'A *81% 13 Oct 137 3% 33% 162 V2 89'/a 25% Apr Dec "1 8 - 82% 6 173/4 Mar 13 137 83% 32% 162 % 33% 163 *8% 20% July 24 13 137 8'% ; *87 27'% Jan 28 91 137'% - *81% 13 Mar 23 59% 273% No par 14'% Jan 16 323/4 162% 20% 203% *89% .91 20 91- 14% ♦143% 8% 50% Oct Jan '32% 162'% 283A . 24% Jan Mar 32% - Corp— 16 97% - 90% > 162% 33 113'% A 10 100 4,300 883/4 & Hartford Co-100 series 10.'% Jun 7 1,500 16% 16*% 50 19% Jun 106% No? 20 91 162'% 28'% Co 7 1/, 91'/a 20% 20 *89% 91 113'% —100 common 31 39% Feb 91% 5 31 J"n 20% 18% No par 16% Jan 18% Mar 17 3,300 20 ♦193A • Louis Co- 15'% Jan 15 22,700 26% lo 25% Jan 12% Jun 90'% 13% "90 28 'A common $4.80 preferred $4.10 preferred 9 533A *873/4 1, $3.60 preferred Jan 5,000 10% 193/4 > 54% 173% 100 Mar 12 101 260 5,000 12% 12'A 10'A Electric North 2,400 165 10% — North i 164 12% 54% 12'A 12 11% 166 165 164 164 : 163A 1 . Mar 19 109 94 4,600 88'A Noma 30 22% Jun 16 Dec 1,500 363% 823A Norfolk 8 16 25 20% 353/4 8% 9 52'A Sep. 26'A Apr 20% 36 88'A Nopco 2 20 363A *81'% 26 2 12 20 20 35% 10o 203/4 Jan 8 113A 20 20 100 23 Aug 11% 164 193/4 19% preferred 8 25 *162'% 164 19% 35 3/e preferred Jan 46% Jan 35% 35 3/e 133/4 3.90% 7 15 T9'% Jan 20 % 35% 140 700 2,900 13% 3.60% 935% Jan July 13 Apr 8 3/4 19% 19% '< 14,100 't 13% 54 preferred 100 Niagara Mhk Pwr Corp-coin-No par 3.40% preferred .100 8 3 26 Nov 19% 203/4 34 ' 200 16 5% $3.75 14% Sep 20 % f Common 92 98 % Jun 13% 41 10% —.100 State Electric & Gas 373% Mar 23 11 92 20% *333/4 13% *39'% 54% common Shipbuilding Participating stock 10 2 20% 33% 13% ' 16'% — York 80'% Jun 2 14 33'% 13'% 100 preferred Harlem 32% Jun 24 14 34'% 41 10% Brake Dock 3 Jan 134 34% *39% ' 10% City Omnibus Corp.No par 8 8 'A Apr 85% 34% 8 preferred series A— Apr 863A Jan 20% 85% < 44 16% 20 353/4 Sep 82 20% 34 40'/a 40'/a *43% 44 53% Fibre Co Chic & St 94 Apr 20% 85 '/a* 42 J/4 *43% 10% preferred 2 , 19% 85 19'A 44 16 1 Inc Industries 16 May 21 193/4 85% 13'% Jan 85 195/« 85 90% 85'% Jan Jan 193/4 85 19% *43 'A 52'% common. Inc Preferred 5% N 20 2,000 10% 19% 19% 19'% 19I/4 44 % No par N Y New Haven 8 19% 108% 843/4 34 % New 300 3,090 *108 f 85% 13 3/e Y 108 19% 90% $5 N * *40 *33'A 10 9 108 108% 41% 100 6% *108 19 »/8 Electric System 1 Jersey Pr & Lt Co 43 pfd-100 Jun 65% Feb 108'/a *108 108 13% 47% 10 Service Corp- preferred 82 16 4,100 13 % 47'A 1 16 England 400 Jun 21% 47'% 53% 8 9 54 20% 13% 47% 47 10% No par preferred 3%% 18 x29 Bros Mar 24 2 20% *13% 20 ——1 York 28 20% 131/4 46% 20'% 25 Corp New 18% Jan 20% ♦13 46% 16 preferred conv Jan 63'/8 Nov 20% 13% 46% 53 Co common Tea 4.20% 70 2 20% *13 27'% 9 22 20 13'A 27'% Apr 13% Dec 20'% 47'A Sugar Ref* Co——No par National Supply (The) Pa com—10 4'% % preferred ———100 66 46'% Jan 3,000 13% National York 8 1,400 25 29 % New Feb 24 24% 44 17% July 13 Jan 24 25 1 Common Feb 24 24'/a No par New York Central 34 23% 24% 91'% 25'% Jan 92 23% 24% *43'A 20% 6 620 23% 24% 19% 35% 600 24 23% 34 8 V 23% 43% 90'% "Apr 5 24% 100 New 16 x28% 2,800 23'A Mar 17 May 28y2 19% Malleable & Steel Cast-No par 4%% 19% Jun 28 % 85'% 100 Newport News Ship & Dry Dock 23 28% 21,000 Newport 24'A Dec *28% 98 V.2 19% "109'% Mar 10 673 28 >/2 23% *28 13% 1 94% Feb 2 1,300 8,100 92 73 10 May 14'% Feb 12% 35% 28% 41% Newmont Mining Corp 13 350 12% 35'A 18% 29 20 12% 35% 913/4 10 5 12% 34% 14 % 19 14% May Dec 12% 34% 14% 92 10 101% Jun 12 J/4 34% 18 5% 38 3 4,500 14% 14% 14% 12% 34 % 15 14% 12% 44'A 5 9,400 *91% 20 48% Jan 4,900 59% 18% 18% Jun July 28 28% 59 133% Jan 30 28'% ' 59% 18% 34 20'% 9,600 28% 58% 14% 19% Newberry Co (J J) common—No par 30 22'A 28 58% 33 30 72'% Mar 23 21 'A 28'A 58% 15% 12% 28 100 —1 New 21% 27% 33% 15% 100 New 21 58 % 13'A 18% Jan Jan 57% 21 28'A 20% *28 183A Linen 43/4% 6 21% 40O 13% 17'% May 26 9 Oct 86 108 22 22 *43 preferred B__ New 100'% Jan 6.900 183/4 26'% July 28 15 89% 33 10 Nesco Inc 18 Oct 89 44 Mar 25 85 34% Feb 89% 133% Lead Neisner 8 17 88% *28'% 2 22'% Aug 8 23'% Dec 23 88% 108 preferred A Nehi Feb 13 87% —10 Co 14'A Mar 30 % Nov 87% 18'% Vulcanized 93'% Apr 18 87'A 133/B Theatres 15'A May 15 8 2 31 % Dec 9OO 88% 300 10 Natomas 11 Jan July 22 17% 15% National 30 21 17% 59'% National % Jun Apr 17% 153/4 1 85 97 17'A 59 A 12'A Jun 4 17 15% 12 73A Mar 14'A Sep 30 66 73/4 Apr 12% Jan 98% Mar 20 Jan 84 17 .No par 10 116'% May 20 10'% Jun 5% Jun 43'% Jan 90'% Jan 12 8 24% Jan 30 17% 59=% 31% Jan 1105'% Sep 13% Sep 9'% Jan 35% Dec *16% 15% 8 Jan 17 % . ' 58% 10 16 .10 % Feb 13% 13% 16% 87'% Apr 4 26% 13% 60 25% Jun Jan *26% 13% 16 3 8% Mar 38% 26'% 13% *12 '/a J00 preferred May 20 3 16 38% 26 'A 13% 46% Inc 12 5%-Sep 18 14 22 38 26% *13% 23% Register Lines 30'A Jan 11% Jan Nov 6% Oct 37'A *26 13% 11% 27 % July 10 104% Jan 21 6,100 37% 26'/a 164 Natl 8 36% 37% 593/4 National IS 3,300 13% .10 National Shares Corp National Steel Corp. Jan 64'% 64 64 63»/a 36'A Co common. 8 89 63 *26% Fibres Inc—1 8 Apr 1 62% 7,700 38% ; Napar 3 Corp 373% Mar 19 27% July 7 109% July 31 62'/a 5% 5% 26% —1 52'A Jan July 14 62% 63 5% 37% ——1 323/4 Jan 2 5,000 28% Louis. 9 Jan 31% Nor 24 85% Jan 19% Feb 101 31 5% 58'% 6% 8 15 Feb 24 5% 28 7% Jan Apr 7 15 5% 21% preferred National 132 Jan 7% Dec 30% Oct ■ $4.r>o 8 5% 58 pld series of 1951— National 33% May 27 2,700 5% Gypsum Co common-..—1 4 %% 5 22% May 28 July 13 87'A July 9 29% Apr 24 19% 38% 5% No par Cylinder Gas Co Dairy Products National 2 19 »A 38 Department Stores 8 Distillers Prod common—8 National Dec 19% 38'% Mo par *2 City conv 19 38 26% Co Cash $1.25 18% 37% 87% National 18 18% 37% 16% National 20'A Jun 18% 38'A 62% National Container Co common——1 19'% July 30 15% July 28 18% 37% *13% 11 % Jan 8 18% 38% 5% 100 pfd-100 20 A con? 17'% July 31 34% Jan 2 18% 38 5 59'A M-ar 19 17% Jan 16 1 4,600 2 22 Jan 1,600 31% 24 30 Sep 18'% Jan 38 31% preferred A National Can Corp 19'% Oct 91 37i% 31'A 7% 13% Dec 97 *21% 37 31 9% Apr 60 14 22 37 30'/a 13% Jan 7 18% Mar 27 13% Jan 48% Jan Biscuit National Mar 19 410 22 37 30 51'% July 22 61 % Mar 19 14% Nov 28 13% Jan 38 22'A 22 37 Automotive 25% Mar 20 23 150 30% Airlines 29% Apr 161% Jan 79'A 37 Acme Co 8 19% July 28 34% Jun 12 *78% 22'A St 15'% Jan 19 *21% 50 2,300 78% 78% 37 Corp & 36 'A Mar 25 8 78% 30 & Bros. 16 1 15% *78% 20 11 20% Jan *15% 79'A *13 12% Jun 23 % Dec 15% 79'A 15% 24'% 31'% Feb 23 15% 15% 22% (The) 1 Aug 16% Jan 15% 79% 7,100 100 15% 15% 30% Corp. Chatt 100 100'/• *99 100 36% Corp. Nasli-Kelvlnator Nashville 2 100 79% Corp... (F E) 48% 47% 100 22% Murphy Co (G C) 4%% preferred Murray Corp of America, 4% preferred 24% Feb *99% 30% Mullins Mfg 47% 100 15% Mueller Brass Co '6 48 99% 36% 50 110%' Mar 29 24 9% Jan 47 V2 Munsingwear Inc Jan ♦105% ,107 *105 *22% 26% Mar 13 24 1 16% Oct 49% Nov 48% Inc— 4 36 X10% May 15 48'% 48% 14% May 19 5 19 Apr Products 43% 18 31'A Apr 15 11% Oct 15 48% 48 y. Inc Motor 37 1 100 "A Dec Jan 18% Jun Aug 28 52% Feb 4 17% May 1 60% Feb 20 107% Lines (John) & Co Motor 6 27% Mar 16 ,Apr 23 July 14 104% May 18 48 24 *106% Moore-McCormack Morrell Motorola 34% Mar 18 12 44% Apr 28 18% May 1 42% Mar 13 ' 107'% Tool— Power Co 27% Jan 28% July 30 23 49% Dec *105'/a Montgomery Ward & Co 18% Aug 25 107% Montana 14'A Jan 20 107 % Montana-Dakota Utilities 2 Feb 4,400 100 *106% 28'/a Mar 11 3 18 2,900 58 % 32 % Mar 26 Jan 5,800 14 58% 65% Mar 19 Nov 20% *13% Light Co-No par Chemical Monsanto 20'A 14 59 10 12 22% May 11% Jun Co Machine 20% 13% 58'/a 57% July 28 36 Mar Hosiery 20'A 13% 58'/a Mohawk Carpet Mills 15% Jun 20% 13% 58 RR 5% Pac 20 % 13% series preferred ^Missouri 23 20% 20 3,000 58'A Corp Development Co 8 26% Apr 16 65% Oct 22 7 7% 20 % 1,100 23 13% River Fuel Corp 10 ddissouri-Kan-Tex RR com—Ho par 9 58'A Jan Jun 2 16 % 69% Mar 36'A July 28 25 109% Jan 21% Nov Mar 12 o//4 20% 133% 22% 57'/a Mississippi 4 14% Aug 18% Jan 4 16% Oct Apr 20 22% 14 $1.50 2nd conv preferred- Oct 22% 58% common—No par Minnesota Power & 15% Oct 25 22% 13% preferred 33'/« Oct 22% 135 58% No par Minneapolis-Moline Co common 1 $5.50 1st preferred 100 $4 19 *133% 22% 20% * 104 133'A 22% *133 1.50 preferred conv 133% 135 133 J/4 22 % 135 40% Marie—No par Paul & SS $3.75 llo% Mar 31 6 Oil 40% 40% 40 40% Shares July 31 July 30 40'A 41'A 41 the Week Friday Thursday 22% *133 Louis Ry_Nopar 19% Jan 27 11 19 Nov 21% July 10 23 1st preferred 41% Bales far SAL* PRICE 8 July 29 July 28 July 27 41% 3 common Corp Apr 23 % Nov Prod Midwest 94% Jun 105 32% Jan 80 8% Jan 48% Jan 24 25 Oct 9 139 24% Jan Apr 101 % Feb 16 Feb Steel Midland 26 Jun 42 7 24% Mar 20 4 Mai 106 46% Jan HIGH Wednesday Tuesday Monday F«f -100 10 July 20 Apr 53'/a *eb 116% Dec 3 July 30 STOCK EXCHANGE Highest 16% Jan 19% Dec 131% Jun 20 l 46% Dec 4 TOKK NEW Range Since Jan. 1 Tear liJ5Z 39% Jan LOW AND stocks Previous *17% 1 18 11% 11% 80 81 98 *17% 11 *80'A 98 520 88 150 18 140 100 11% 5,500 81% 150 Volume 178 i Number 5243... The Commercial and Financial Chronicle (401) NEW YORK STOCK RECORD BM|t for PrerlMi STOCKS Year 11*2 Lowest Apr 19 12 13% Aug 28 Feb 8% 35 19 41% Dec Jan Sep 38% Jun Dec 23 28 Feb 83 19 Jan 11 81 May 16 4 12% July 31 Omnlbua Corp 45 Va Mar 28 Otis 20 33% Feb 84 1 11 38% Jun 16 23 69% Jun 16 10% Oct 30 17% Jan 14 11% Jun 18 81% Dec 31 97% Jan 24 81 30 19% Jan 11 25% Mar 22 38% Dec 31 81 '88 Mar 17 63 Oct 28 55% Jun 48 16 Mar 18 49 Dec 30 47 Jun 16 30% Dec 2 25% Jun 16 25% Jan 2 32% Jan 6 20 Mar 10 2 J0y4 Fab 20 9 34% Jun 10 -40 58% Dec 11 55% Jun 22 '61% Mar 13 24% Jun 10 188% Apr 24 35% July 14 120% Nov 26 111% Jun 16 132 2 145% May 19 2 8% Nov 21 17% Oct 16 8%. Jan 7 4% Apr 9 129% Jun 6 5% Dec 12 30 Oct 16 12 10 41 142% Jan 22 8% Jan 20 16 28 47% Mar 31 9% Jan 8 ' 43/4 July 28 6% Jan 19 93/8 July 17 . 2 Jan Mar 17 119% Mar 10 15 8% Apr 7 33% Jan 25 22% Feb 26% Mar 15 9% Nov Jun Mar 17 11% Feb 26 Mar 2 59% Jan 9 83% Dec 29 65 July 23 52% May 25 88% Mar 25 93 Jan 2 100% Jun 13 91 May 13 98% Mar 2 8% Nov 17 9% Jan 14 10 3 Apr 12 33 21% July 16 25 30% Mar 13 29 6% Jan Jun 12 16 Owens-Corning Glass Fabco Products Inc Apr 30% Mar 27 Pacific Gas Pacific 12 12 Va 29,800 41% 2.50 41% 31% 31% 42 Va 4,200 31 Va 31% 31 % 31% x31% 32 32% 32 Va 1,500 84 82 82 *82 84 & com 34% Jan 7 Park & Tilford 44% Jan 7 Oct 16 Jan 26 33% Jun 16 39% Jan 30 15 8% Apr 28 5 Parmelee 7 63/4 July 2 5% July 24 4y8 Jun 12 8% Jan 18% Jan 8% Apr 9 Patino Peabody Coal Co 23 8'/a Jan 29 6 Jan 8 20 20% Jan 29 15% Apr 7 18 Jan 7 35% Nov 17 34 5 9 39% Mar 19 Penn-Dixie 113/8 Jan 31% Jan 5 27 Jun 10 Jan 4 108 % Feb 11 101 Jun 2 26% Feb 5 33% Dec 11 30% Jun 10 17% Feb 27 Dec 23 19% Jun 16 46 29 40% Jun 15 105 24 9 2 74% 2,500 13 2,300 Penney (J C) *9 % 13 13 83 % 13 *81 13 83% 9% *9% 38 38% 38 Va 38% 59% 58 58 49% *48 25% 26 . _ 25% 25% 26 37 % 56% 57% 26 V4 25% .26 % 100 37% 37% 57 58 x25% 114% 114%) 114% 134 ; 134 134 6 6V4 35% 6% 37 % 36 13 Va 8J % 9% 39 *81 9% 39 *57% 57 Va 134 & 48 48» 47 Va 26 26 26% 26% 26% 37'A 37% 37% 37% 37% 36 58'A 58 53 58 58 25% 25% 26'A 26% 26% J114% 134 11S ' 6'A 37% 37% 6'A 38 114% 115 114% 133% 132% 134 6 6% 6 37'A 37% *8% 8% *8 Va *8% 8% *8% 8% 5 4% 4% 4% 4% 4% 5 4% 9% 9% 9% 9% 9Va 9% 9 9% 9% *47 49% 67 95% 96 1 Corp 66% 7 Va *48 1 *28% 32% 2.50 *96 7% 26% 1 No par 66% 7 49 Va 48 48 48 48 66 66% 67 67 67% 96 96 *96 Va 97 7 Va 7% 7% .i *46%. 67% 97 7% *96 7% 910 7% 3,200 33,400 5 27,300 9% 10,600 200 43 69'A 3,400 290 97 9,700 7% 27 '/a *34 ' 38% 8% 26% 26% 26% 26% 26% 26% 29 % *28% 29% *28% 29'A *28% 29 Va *28 Va 29% 33% 1 280 . 32% 32% 32% 33 32'A 32% 32% 33% 34 34 35 34 Va 34% *34% 35% 34% *34 27 6,400 27% 7,800 400 No par *71>4 7% 7% 7% 7% 7% 7% 8 7% 7% 3,700 5 5% 5% 5 Va 5V« 5 Va 5Va 5'A 5 V4 5% 5% 2,800 5 1,200 Enterprises 5 common 5 5 *4% 5 5 5 25 16 Va 16% No par 34% 35 35 35 35 __No par *69% 69 % 69% b;)% 6y % Coke Corp Cement Va 1,900 2,100 6% 37 Va 4% 5 .12,000 - . 115 133% 134 6% ; 1 Transp 50 110 1,200 49% *8% 8% 280 57% 47% .25% ' 200 9% 39% *38% 59 % 82 Va *9% ,*57% 25%: 1143/4 100 Corp__„_l 37 Va 13 *81 9% *58 38 No par Co Penn Coal & 12% *81 9% *48 prior preferred conv *9'% 10 10 4 107% Feb 3 35% Mar 18 5% preferred Penn Power & Light Co 233/4 Jan 5 Pennsylvania RR 62% Jan 8 Pennsylvania Salt Mfg Co 34 Va 28 *16Va 13 34 1 Penna Glass Sand Corp com 12Va 7 Corp Feb 33 73% 49 % Penick & Ford 72% Dec 37% May 3 73% May 27 14% Apr 23 7 73% 59% Distillers Corp & Dec 22 73 *48 Transportation 16% Oct Dec 73 *58 Parker Rust Proof Co 81% May 2 63%Oct 30 14 % Aug 72% No par Parke Davis & Co 29 % Jan 72% No par Pictures 18 30 33 72% __100 28% Jun 19 1,400 72% No par Corp 30% Jun 15 72% % 38 preferred 15 28 42 Panhandle East Pipe L com__No par 16 Dec 42 Airways Inc Petrol Feb 11 42% 10 Packard Motor Car 58 25%-Oct 42 10 43 y4 Jan 23% Jan 41% Western Oil Corp common_4 30 653/4 Mar 19 41 Va 3 Corp Pan Amer World 50 41% preferred Mines 84 41 % Inc Consolidated Oil *82 41% No par Pan-American "82 41% Pacific Telep & Teleg com 6% preferred 5% 84 5 Electric 28 Jan *82 . 12.50 Co Mills 6% Feb ) 12% 41% common 6% Nov 24 i 12 41% 13 % 33 . 12% 41 Va 83V> Oct S ll7/a 13 41% Oct 38 Shares 12 *81 Lighting Paramount July 31 41% Corp Pacific 4% the Week Friday July 39 11% No par Pacific Finance Panhandle Sales for Thursday 40% 1st preferred noncum 2nd preferred noncum 4% SALE PRICES 42 preferred__^__100 conv Coast Pacific HIGH Wednesday July 29 11 % Fiberglas Corp Owens-Illinois Pacific Tin AND 41% No par cum July 28 11 Mfg Co 39% Dec Jan & Pacific 12 5% Jan Outboard Marine Fisheries 73% Mar 26 3 Outlet Co <4% Tuesday July 27 No par common 3 Mar •67%, Mar 30 (The) Monday Par . Elevator Pacific Amer Apr 17 24% Oct 23 50 STOCK 5 13% Jan July 16 51 6 Mar 12 : 16% Jan 9% July 23 35 17 Jan 47% Jen 30 12% Dec 37 YORK EXCHANGE 10 Jun Jun NEW Highest 85% Jan 52 Ye-Apr 24 69 V* 9% Mar 23 30 2 Feb 79 41 Banre Since Jen. 1 Lowest HlffaMt Continued—Page 9 LOW 28 100 No par 50 16% 12% 12% 33% 34 *16% 5 5% 5 16 % 16% 16% 35 35 35 35 35% 69'A 69% 69% 70 69 Va 12% 12% 34 34 ♦16% 700 16% 800 3,900 13 13 34 34% *28 28% *28 28% *28 28% *28 105% *105 106% *105 106% *105 106% *105 106% 10 33 33% 33 33 Va 33 33 Va 33 33% 33% 33% 4,000 20 Va 21% 20% 21 20% 21 20% 21'A 21% 21% 43,500 43% 5,600 105 Va , *12% ,'13 33% v 28 1,400 2,800 34% 200 % ; , Oct 29% Dec 67% Jan 23 343/4 Apr 8 15 30 Aug 5 129 40% Feb 18 34 20 11% Dec 30 18 44 3/4 Jan 2 39 Jan 2 100 22 105% Apr 233/4 Jan 7 19% Oct 22 *124 Nov 14 31 Feb 6 •% Feb 28% Nov 145 Jan 9 32% May 27 July 22 148% Mar 16 Apr 103/4Jan 47% Mar 11 23 15 153/s May 21 10 Peoples Drug Stores Inc 5 Peoples Gas Light & Coke Peoria & Eastern Ry Co Pepsi-Cola Co _100 100 33 %o 42% 43 129% 129 % 36 101 l 43 Jan 27 Apr 21 105 Jan 30 19 ys Apr 23 Pet Milk Co 13'A 4%% 1 30V4 13% 36% 13 % *40 41 *40 100 102 102 *102 5 20 20 preferred! 21% Mar ,6 Petroleum Corp 19% Mar 25 Pfieffer Brewing Co of American 30% 130% No par common 41% *129 *35 36 ' 6 July 41% ■ 30% *30 19% 13% 41 41 42 *30 Va 130 *35% 13% *40 103% 37'A 14% 41 *102 19% 30% 130 20 103% 20 42 43 30»A 43% 30'A 130'A 130'A 36% 14% *40 *30% 131 37 *36 Va 14'/4 14 41 *102 *40 103% 20'A *102 20% 20% 30% 132 200 1,000 37 % 300 14% 42,500 41 103% 20% ~30 1,800 . 193/i Jan 25 30% Oct 30 42 y4 Jan 2 26 ' 105% Sep 16% Dec 29 1173/4 jan- 2 91% Jun 33 2 July 28 , 333/4 Jan 5 18 108 >/4 Jan 2 July 22 43 y4 Feb 5 32% Jan 19 Plizer 41 y8 Dec 31 31 333/8 Dec 15 28% Jun 16 May 15 20 a/8 Jun 24 Oct 6 99 Jun 1 111 Jan 5 4.4% 993/4 Jun 24 86 Jun 24 99 Jan 2 3.8% Jan 17% 17% 1 26% 27'% 98 98 12.50 31 Va 31% common—No par 30% 30% 96% Jun 10 108 Feb 26 4.3% com (conv) preferred 25 112 17 *103% Jan 8 108% Mar 4 103 % July 31 25 % Mar 17 105% July 6 Phelps-Dodge Corp Phila Electric 4.68% 15% Jan 2 8 10% July 28 183/4 Jan 8 Phila & 2 36% Nov 12 28% July 22 36% Jan 5 Philco 3 90 Apr 12 80 87 '/a Jan 14 42% May 15 52 Dec May 93% Jan 12 95% Feb 101 13 Apr 28 8 46% Jan 12 55 3 91 May 26 101 Mar 13 Jan 23 series 69 % Mar 25 10 % Jan 12 19 Phoenix Hosiery 12 23 12 Jan 4 39 Mar 33% Jun 5 5 33'/a Jun 98 Jan 4 102 y2 Apr 8 95 July 22 15% Apr 29 19% Dec 24 19 Jan 14 110% Jan 21 Nov 37% Jan 29 5 Feb 17 Jan 7 59% Feb 3 13 85 106% Jan 28 863/4 Jun 9 Nov 26 46 Jun 10 17% Jan 14 13 Va July 23 1 July 28 16 3/o Mar 18 142 Feb 21 156 Aug 18 148% Apr 21 158 Jun 30 151 Jan 4 165 Aug 25 153 % Jun 11 165 Feb 6 56% Dec 12 47% Jun 16 27 10% Jan 21 73/4 Jun 16 9% Feb 42% Mar 17 6 Oct 17 58% Mar 16 26 Oct 16 25% Jan 21 17% Jun 9 213/4 Jan 5 70% Oct 30 85 Jan 17 67 Jun 16 73% Feb 27 68 23 80 Jan 17 69 Jun 23 75 18 25% Dec 23 21% Jun 16 25% Mar 18 Oct 20% Apr Jan 31 25% Apr 17 129 145 Aug 27 34% July 9 146 Jan 0 223/4 July 28 150 Mar 20 Apr 27 31% Jan 2 94 11% Jan Feb"l4 July 24 98 11 Mar 26 12% Jan July 30 common C C L RR St & Coke & Chem convertible $5 preferred $4.80 guaranteed Co Steel Co com preferred class A Pittsburgh series prior pfd (The) common preferred 5Vi'/c 2 6 3/4 Jun 10 34% Apr 2 13 36 Jun 2 46 % Feb 3 Pond Creek Pocahontas 14% Jun 10 17% Jan 29 18% Dec 4 Jun 8 9% Oct 133/4 Jan 18 15 9% Jun 34% Jan 16 353/4 Dec 69% Dec 11 593/8 July 62% May 11% Oct 80 8 17% Jan May 13 Jan , 12% July 29 15"% Jan 20 23 82'/a Jan 5 5 34% Dec 10 2 87 26% Dec 27% Nov 18 2 2 27% Aug 103% Nov 20 102% Jan 3 109 21 39% Mar 20 25% Apr 17 138% Jan 3 11 23 Apr Jun 2 Jun 24 Va Jun 3 22 9 92 Jun 4 18 20 27% Feb 24 El & 1 $1.40 div preference com. 4.08% preferred 109% Jan 6 4.70% preferred 4% Oct 9 4% Jan 11 22% Jun 10 29% Jan 8 68 18 79 Jan 2 Jun 3 Va Jun 15 41% Jun 18 88 % Jan 2 97 y2 July 18 86 40% Mar 5 48 Aug 29 38% July 22 nacre 24. 3% Jan 2 Feb 26 4% Jan 6 4% Apr 1 93 May 26 47% Mar 29 (The) 1st com Purina *13 Corp Co 3%% Raybestos-Manbattan 35 35% 23% 96 Va 20 20% *105 35% *95'A 21% 1,200 24% 2,500 1,300 *105 23% 24 85 *85 86% *85 86% *85 86'/a 90 *87% 90 *87% 90 "81% 90 48 47 Va 48 *47'A 48 47% 13'/a *13'A 13% 24% 13% 24% 13% 13% 10 47% 2,300 13% 600 160 *160 164 30 48 49 5,200 8 1,000 No par 100 100 48% 7% *69% 1 10 1 5 8 47% 7% 48% 7% 18% 18 '/a 8. 48 % *7% 48% 48% 8 8 10 18% 70% 18'A 18% 18% *69 *69 70'A *69'A 70 % *69'A 70% 69'% *69Va 70 *69% 70 *69 Va 70 *69 Va 69% "lo 22% 23 *22% 23 *22 23 *22% 23% 23'A 400 23% 23% 2,300 97 98 18% *147'/a 147% *147% -- 23 23 22% 23% 23 95 96 95% 97 97 *12% 12% 11 Va 11% *11 Va 27% 27% 27 27 Va 27% 38% 38 Va *38 *147% 23% 18% 4,200 ♦147 Va — — 23 Va 23% 23% 98 98" 11% 11% 11% *11%, 28 28 28% 28% 28% 38% 38% 38 38 15'A 15% 15% 1,800 17% 3,700 38'A 38 15% *15 15% 15 15 17 17 17 17 Va 17 17% 1 18'A 97 Va 15% 38% *15 17 Va ' 17 Va 17'A 12 720 300 3,200 500 10 10 10 10% 10% 10% 37 37 37 37 37 37 37 37 37% 37% 600 62 62% 62 62% 63 63 "2 63 % 64 63% 63% 4,200 12% 12% 12% 12 % 12% 12% 12% 12% 12% 4,700 80'A *80% 80'A *80% 80% 28% 23% 28 Va 10% 12% 80'A 28% 31% • 10 % 28% 31% *80 82 24% 25% No par —100 100 26 26'A 93 % 93'A "104 39% 25% 105'A 39% 9% 28% 31% 80 *24 25% 25% 93% *104 39% 49'A 50'A 48% >106% 107 Va *106% 26% 26% *137 138 22 '/a 22% 23 Va 71 % 3 Va 4 - pfd—100 No par *91% 38% No par 1 7% 48% 70 17% *24 Va 8 48 Va 69% 1 RKO Pictures Corp Ralston 13 % *13'/a 48 100 preferred RKO Theatres 48'A 48 23'A 35 10 13 Va 160 preferred $3.50 23% 35 *105 *105 No par common preferred Co *12 162 Radio Corp of America com__No par 8 13% *158 2 25 35 *12 160 100 Quaker State Oil Refining Corp.„10 81% Dec 13% 160 Quaker 29% Nov *12 160 2 9 13% *158 9 2 *12 3,100 19,100 100 30% Mar 72 12% 25% 97 56 Va 165 17 25% Jan 55% 54% *158 26 July 28 56 54 165 25% Jun 22 "A 54% 54% *158 131 % Jun (The) Oats *24 *933i 165 4 6% 25% 97 *158 18 146 Va Feb 95% *24 *93% 30 161 5% conv *93% 25% 97 6,500 9,200 161 No par Pullman Inc Oil 95% *24 *93% 53 161 4 Pure 95 Va *93% 24% 97 31% 84% *158 2 30 *93% 96 *95% 30% 96% 20 47 y4 Jun 103 96% 53 No par Gas com 6 cum *85 % 24% 100 25 preferred 4.32% preferred Serv 96 Va 96 % 11% *83 21 of Indiana—No par 3 % % Pub 52% *95'A No par 10 of Colo Jan 102 52% *20% 64 3/1 Jan 23% Jan 27% Jan Public Serv Co 52 20% 43% Jan 5 see 5 Co 52 96% No par preferred cum 12,300 11'A 30% 20% 1093/4 Mar 27% Feb footnotes Jan Gamble Serv 11% 11 30% *95'A 9 15 38% Jun 26 $4.75 80 34% preferred series A-.50 Publicker Industries Inc com Public 103% 20% 2 24% Dec 14 4 833/4 Feb & 103 Va 95% Jun 28 35% Jan 148 36% Feb 101% Jun 69% Jan 110 18 23 243/4 Jun 6 43% Jan 16 106% Aug 11 Mar 11 73 22 11 2 Nov 33 29% Jun 92% Jan For 68% Jan 80 >/4 Apr 24% Jan 3% Nov 15 Procter 26% Jun Jun Co 4%% 2 May 16 Power Pressed Steel Car Co Inc com 7 26 22 Electric Potomac 7 conv 105 % 34% 1 19% Mar 23 May 80 105% 20% No par B class 113/4 May 31% Nov 24% Jan Jan 1 , 39 86% Jan Sep 1 8 56% Oct 8 8 28% Apr 25 _ 1 28% May 81 16 102% 95% 5 5 22 & Co *101 Va 20% 100 19 Poor 102'A 35 & West Virginia 100 Young & Ash pfd—100 Co Pittston 100 *101'A 96 Va No par Pittsburgh Pittsburgh 270 92 Va ___10 preferred Glass Co Pittsburgh, Screw & Bolt 1st 710 106 Va *89 *34% 1 Pittsburgh Plate 5% 23 Va *105 92'/a *95'A 20% Wayne & Clii Ry com__100 5%% *23 105 Va *89 84 % *93% 85 Pittsburgh Forgings Co 7% 23'A 105 *83 24% *87% 12,500 3,900 11% *95 % 23% 30% 84 96'/a 89% 33% 30% 30'A *95% 86% 170 33% 10% 51% __ 24,400 97 Va 30 95% 55% *105 3,400 28 Va 84 96'% *12 23 Va 17% 28% *97 29% 51% *93% 92% 17% . 85'% 51% 95 23 Va 105 !__25 100 Pitts Consolidation Coal Pitts Ft 11'A 23 Va 51% 23'% 37 Va Mar 15 14% Jan 51'A *95% 10% 29'A *84 *85 55% Feb 31% Sep 11% 29% 84 *89 *87% 15 Jan 11'A 29'A 84 105 92 '/a Co com__No par 40% Oct Dec 105% 1 23'A 104% preferred—No par (conv) No par 28% Oct 14 105 Va 2 Plough Inc Plymouth Oil Co 12% 105% *104% 23'A 104% No par Inc preferred Pitts 94 97 12 953/4 Feb 1 24 $4 29% Jan 21% Jun 1 6 *105 5 Mills Pillsbury Pitts Oct preferred Pitney-Bowes Inc 106% May 22 Oct May 2 106% May 22 85 14% Dec 14 22% Mar 27 24% Oct 62 Jan 6 91 46 May 18 37% Jan 101 105'% 3 Phillips Petroleum 9% Dec 30% 102 54'A 16 64% Dec 34 30 Va 101% ___No par 52 Va Jun 20 33 y4 30% 102% 24% 95% 30 48% Feb 32% 30% *102 *93% 1 5% 31% 30% 102 100 27 92% Jun 5 31% 30V4 101 _100 18% Jan 17 29 31'A *89 No par 31 Dec Jan 97 'A 90 prelered 3.90% 1 Dec 25'% May 26 28 Va 97'A 104 Phillips Jones Corp com 903/4 Jun 20 98% Jan 17 Va 27 Va 98 90 ,100 common 98 98 17'A 27 Va 97 23 preferred series A 100 Philip Morris & Co Ltd common__5 4% preferred 100 13% Mar 15 98% May 10 17% 26% 98Va 104 3%% 94 July 29 17% 26% 100 Reading Coal & Iron Corp 17% 26 100 100 preferred 23'A 17% *98 No par preferred 26% Jan 20% Feb Co $1 conv preference com 83% Jan 110 100 preferred 2 2 22% Jan (03% Jan 9 (Chas) & Co Inc 2nd preferred 4% 3 Apr 93 16% Jan 17 May 29 19 26 Va 137 81 29 31% 80% 28% 31% 31% 80 *79' 24% *24 25% 25% 25% 25 Va 26 26% 93 % 93 93 105'A 105 105 39 Va 49 107% 26% 137 39% 48% *107 26% *137 39% 49 Va 107 Va 26% 138 4 Va 92 38% 4- 93 40 26 % 5,900 93 80 105% 100 40% 3,600 50% 50% 51% 10,400 107 Va 107% 107 Va 200 27% 3,300 26% 27 *136% 138 27% •136 138 10 4,400 24% 24% 24% 25 70 Va 70 Va 71 71% 3,400 3% 3 Va 3% 3 Va 3% 14,200 4 Va 4 4 Va 4 4 20,600 70 4 25% ♦104% 8,400 70% 24% 71 38% 40 - 50 25% 24% 24% 71 •91% 49% *107 26 Va 93'A 10,600 24% 22% 23% 4'A 39% 25% 26 105'/a 80 22 % 71 % 39 93 32 80 *24 22% 237/a 3% 25% ♦104% 120 6,300 22'A 22% 3% 25% 80 % 28% 32 24% 22% 92 80 % 80 *24 7,800 28% 32 *79 22% 3 Va 31% 80 24% 22% 3'A 9% 92 92 *91% 92 *91% 92 ♦38 39 *38% 39 % *38% 39 Va 38,200 10 600 „ 21 Financial, Chronicle Monday, August 3, The Commercial and 22 ... (402) Continued—Page 10 NEW YORK STOCK RECORD Range for Previous 1 33% Dec 24 19 36% Sep 4 30 31 4 34 Va Dec Feb 20 41% Dec 15 35 % Dec 18 11 13 Va Jan 8 11Va Feb 18% Jan 30 7% 30% 10% 53 10 Jan 7 8% Oct 28 52% Sep 4% noncum 1st G 4°/o noncum 2nd 17% Jun 15 13'A Jun 9 Real Silk Reed 23 5% Jun Jan 7 July 24 July 3 Jan 26 31% Feb 28 '/a May 12 10% July 29 14'% Jan 19% Feb 21'A Jan 2 15 Jun 9 98% Dec ■tun l Nov 16 24 87 18% Jan 19 3 13% Jan 19 22 Va Nov 19 19 % Jan 12 ll 3% Jan 28 10% Mar 29 10% J ft n 5 11% Jun 31 44% Feb 9 SVa Nov 5'/e Jan 10 9% Jun 6 47% Dec 97 4% May 18 3 37% Oct 16 108% Jun 24 115 Jan 3 108% Jun 10 16 35 Dec 12 31% Apr 5% Feb 7 6% Jan Oct 31 6% Oct 1 22 Jun 16 56 Jail 16 Jun 22 198 Feb 3 2 22 242 21 6% Apr 45 (158 % 30 Feb 10% Jan 23 Oct 2 67% Jan July 29 5 48 43% Dec 32% Jan 2 40% Jan 5 Jan 3 101 y« Jan 2 107 Dec Nov 14 33 Jan 53% Feb 27 74% July 6 '/a Jun 24 8 Oct 28 53% Jun 25 80 Va Jun 99% Juu 5 12 25% July 52 Jun 23 Va July 28 29% Jan 17 48% Jan 23 32'A Jun 30 19% Dec 4 10 21% Mar 16% May 2 8'A Mar 13 27% Mar 1 40 Nov 25 23 40 % Feb 110 May 1 155 Jan 22 115 -Apr 24 132% Feb *99 Nov 3 103 Apr 92 Jun 2 33% Jail 16 9% Dec 2g 18% Feb 19% Oct 29 24% Jan 3 Jan 2 10% Apr 17 35% Jun 23 15 64 7 100 55 14% Jan 37 *36% 37 37 37 *33 35 *33 34 *33 34 100 21% 21 21 21 21 21 21 300 18 *18 18% 18 18 18 '/a 18 Va 18% 18% 300 13% 1j% 13% 13% 13 'a 14 14 500 *5% 57a *574 .*27%' 28% *27% * 10 % 107a 10% *58 59 13 'A 13% *5% 6 *5% 6 series- 100 pld 3 % % 18% 18% 13% 19 % 19% 19 % 6,300 20% 19 T 20% 20% 20% 20% 20% 20 % 21'A 9.200 Gas 13 Ronson 30 Royal 7 Co 4 4 Va 5,-00 11% 11% *11% 11% 11% 11% 11% 11% 1,700 48% 48% 43% 49 49 % 49% 49% 26/200 *111% 112'/2 112 11174 112% 112 112 112 36 35% 36% 46% 47 112 36% 6 % 37% 6 % 37 1 6% 47% 47% 163 48 % 6% 47% 47% 6,600 8,000 49% 60 167 6% 47%' 47% 200 5,800 - 6'% 165 % ■< ' 38 /A 6 7 *6% 46% 47% 37% 48% 163% 166 *6% 7 46% 47 % 47 *162 167 6% 7 6% 47'% *157 168 36% - 6 % 6 6% 158 6% 500 • 23.200 48 ■ 60 88% 102 V.. *87 % *87;% <• 101 % 88% *87% 88 Va 102% 102% 102% 102 % 26% 26% 26% 26% 26% 26% 54% 53% 53% 54 Va 54% 24 23% 23% 24 24 *6% 6% *6% - 2674 56% 56'A *23% 63A 800 24 7 *6% 6% 100 170 57 24% < • - 26% 54% *23% 26% 6% >■60 *87% 53% 6% *57 *57 88% 102 26% *23 % 60 60 *57 88% 102 102 103 '■» 60 *56 88% *56 •7 3,600 400 1,200 *16 16% 16 16 % 16% 16 '/2 16% 16% 16% *32% 33% 32% 32 % *32V2 32% 32% 33 3274 32% 18% 18% 18 18% 18 ir. 18 18% 18% 18 18'A 1,600 38 38% 38% 38% 38% 39% 39% 39% 39 39% 4,300 129% 131% 130 131% *128 129 128 128 129 129 *93 95 *93 95 *93 95 8 8 8% 8 \ *55 *14% 15 .———5 16% 16% 55 16% 16% 56 56 15 14% 7% 16% 56 14% *14'% 14% *14% 7% 56 16% 56 7% 16% 7% 2,100 1 600 1,300 95 *93 95 *93 7% 55 16% 16% 1 No par (Jacob) Ruppert 4 48 s, 46% —1 —_—— 3 % 11% *6% 100 (The> Co 4 48% 46 '/a * -20 Works Inc_ Art Metal 3% 4 ' Corp—No par common Typewriter Ruberoid 17% Mar 23 El <fe Ilaas & preferred series A_ 4% 3 3% 4% 6 1 - 6.900 87 13% 36% 20 Rohm 4 *85 16 18% *111% —50 Rochester 18 A 59% 15% 87 *85 800 11 %' No par Mines—— common Inc 87 *58 va 16 100 10% 48 % 100 preferred series A Mills 15% ■ 28% ■ 19 3% series—.——100 : , 15% 6 20%> Manufacturing CO— 1 Oil Corp No par 4.50% 300 18% -1———-——10 series— *84 87 *84 . 59% 15% 15% 15% 87 *84 "*58 5S% *58 . 15% 15% 1 4.50% 59% *58 common—;—50c 25 Motors, Inc— 61% Apr 8 *36 % 35 *21% 10 % 10% Jan ! July 21 37 *33 28% 22% Jan 30 Jun 16% July 13 July 15 17% July IB 65 Va *36% 34 21% 13% 50c Robertshaw-Fullon Controls 29 Jan 37' 10% Robbins 3 1.200 1/8 No par Roan Antelope Copper ; 3 17,500 34 50 *27'% 44 % Mar 10 17% Jun 14% July 37 ■ 21% _50 _ 10%. 9 5% May 13 16 18% Dec 35% Dec 30% preferred Rilter Company 5 2 23 30% 28 % Rheem 7% Sep Apr 30% Richfield 27% Dec 6 % 30 V\ 10% Preferred 5 23% Mar 30 *27%. 5 Jan 26 Va Jan 30 Va 5 29% Mar 18 65 29% 10% Preferred 3.60% 9 29% 28 Common 9 9 10 30 10% 5 Juu 29% _ July 31 107 50 600 11 28 'A 58% July. 21 5 47 10% 5 90% Jan 27 92'A Apr 48 10%. - 9% Mar 20 9 40 % Jan 30 85 13 10% 8,700 31%. 10% No par ;ti% conv prior pld series A—100 Revere Copper & Brass— No par Rexall Drug Inc —2.50 Reynolds Metals Co com——No par 5'% % i convertible preferred—100 Reynolds Spring Co -1 Reynolds (RJ) 'lob class B 10 38% May 29 172 31% 10% Republic Steel Corp com 115% Mar 17 28% Jun 31% 10% Republic Aviation Corp. 1 Republic Pictures common 50c .$i convertible preferred———.10 Mar T8 27 : 26% 6 Reo 23% May 25 18% July 28 26% 10% Co Remington-Rand $4.50 pi eferred 52 Va Mar 17 24% , 26 V» 31 % *5% Conv 23 16 26 '/a 31% Reliance Mfg Co common 2 Jan 17% Oct 26'A 31% 10 prior preferenceNo par Stores Corp-— 1 90 % Feb 26 31'% 11 div Reliable 19 62% Jun 29 26% *31% & Co— (Rob't) $1.25 26 54 Va Apr x25% 31% Inc—— Bros Shares 26% ' 7% Mar 20 10 Bit July 31 10% Hosiery Mills— Roller Reeves 16 15% Jan Rels 5% Dec 25 5 Mar 21% July 27 the Week Friday July SO 31% — preferred Feb 36 22% Ma r23 1 17% Jun Reading Co common 41 V'4 6 12% Jan Sales for Thursday 25 Raytheon 8 33% Jan 23 luiy :»!) .—5 preferred Mfg Co $2 15 14% Mar 18 PRICES SALE Wednesday July 28 26 Va 1 Rayonier Inc common 5 34% Jan 36% May 12 32% July 13 26 July 22 4 13 % Oct July 20 28% Apr 9 30% Jan 35% Jan 10'a July 14 22 25 Va Feb 36 10 24% Jun 12% Dec 15 9 % Sep Dec 37 HIGH Tuesday July 27 Par EXCHANGE Highest Lowest Highest Lowest AND Monday STOCK YORK NEW Range Since Jan. 1 Year 1052 24 % May LOW STOCKS 1,300 774 16% 17 2,400 *55'A 56 400 14'% 700 37% 11.700 14% s 29% Feb 29 35% Nov 26 32% Jan Oct 9 99% Feb 21 81 Jun 99% Sep 10 107'/a NOV 103 Feb 37% July 12 26 64 35 y* Oct 23 54 Feb 26 6 22% Apr 17 31% Dec 23 23 '' • 32 Apr 108% July 43'A Jan 6 Jan 5 155 Feb 6 30 Dec 3 265 Jun 175 Dec 5 150 e 19 Jan 92 Jan 6 22 '/2 Jun 8 77% Feb 7 May 29 24 Va Feb 4 97 24 - Dec 31 L San 312 Dec 312 7 9 Joseph Lead Co ". 10 Joseph Light & Pow new_No par St 16 75 8 Oct 11 St 10 27 Feb 150 Mar 5 30 13 17 18'A Jan 2 12 '/a Jun 10 33'A Jan 2 23'A Juil 23 28 11%JUU 16 Paper Co common. 6 Savage Anns Corp Industries Inc • Corp Schering . —_100 10 5 series A Electric Co— aclieuley Mar 23 100 100 5 Co 1st pfd 4.40% Sangaiuo 6 Jan 17 100 5% preferred noncum St Regis 7 13 15'/2 Mar 23y«Oct 29 Nov 5% 23% Mar 25 Jan A St Louis Southwestern Ry 1.40 - — 15c . 36% 37 86 86% 86% *86 87'A 111 lll'A *111'A 112% 36% 36% 367a 29'A Co common—No par series Preferred 2 95% Apr •27 17% Jun F Ry 37 86 37Va 86 11074 111% 36 36% *16% 17% 100 preferred conv, 69'A *263 *136 20% *92 % 24 13 Va 23% 13 Va , .r 110% 110% 110% 36 Va 110% 36 Va 36 Va 36'A 36 1 59 Dec 10 54 Jail 94 Apr 21 85% Jun 1 102% Oct 23 62% July 31 10 30 49% May 105% Jun 98 30 -Juil 28%Jun 91% .Tan 18 105 26 3.05% 3 <4.30%. 10 17% Jan 29 Scrnnlon May '6 68% Jun 15 104'/a Jan 13 79% Jan 29 81 % Jun 30 30 98 Jun 19 2 8 4 75% Jan 16% Oct 107 15% Jun 3 97 9 May 21 May 86 110 * 17 *■*17% 17% '*17% 17% "17% 29% 28% 29 % 29'% 29% 297 \ 68% 68% 69%' 69% 70 70 71 -.71 *263 175 19% Jan 12 24 Va Dec 22 I 101 75 Oct 15/ 103% Apr Sep' 12% Feb 13 16% •0% Feb 29 62% Dec Jun 19 101 July 28 Elcc Co (The) com_ preferred preferred Line Air fund 40 88% July 31 Seaboard'Oil. Co of Del— 17% Mar 24 Seagrave 'Corp 60% Feb 17 3 Sears tyo par 5 Roebuck & _No par Co 44 22'A common..., preferred-No par 56 Va Apr 2 10 *73% 100 — 75% May 19 13% Jun 15 3 *95 2,800 - - *250 270 *250 270 270 *136 175 *136 800: 175 20% 20 21,700 20% 20% 20% 20% 92% 92 % *92 % 93% *92'/a 937a 23%* 23 '/a *23% 24 % *23 Va 24%/ *24 24 Va 300 13 13 Va *13% 13% 13'% 13% xl3% 13 % 3,700 -*23% 24 % 23% 23% 23% 24 .24 24% 6,300 *13% 13% 13 Va 13 Va 13 13'% 13 13% 3,400 60% 60% 61% 61'% 62 V 617 a 62% X20 20% *92% . • .11,500 //■'. 270 175 300 - • 297a 93% r • , - 21 10 tr 60% *100 29% 84% 101% 15% 99% *100% " 28% 28 Va 29 *83% . >100% 16 16'/a '*95 75 100 99 Va *95% 75 *73% 28% " ' v- - 30 2,000 29 *83 10. 85 *100'A 100'% 8,700 ' 87 Va 101 29 *100% 101 85 •>83 101 102 10O • 15% 15% *16 '*95'% 99% *95% 99% 75 *73 741% 400 16% 16 *16 ."*73%. 28% 28% 85 *83 85%' 101 *85 y4 87% *100% 101 101 101 *85 87 % *85 87% *85 87 101 % ' -99% *73% 75 ■ Co- __i_ Finance Co sink $5.75 —5 100 „ RR common Seaboard July 28 100 2,200 - 17% *136 ; 278 *136 60% ' 60% *85 *100: 29'A 130 86 17 . 84V2 *100% 15% 100 , preferred conv 3.35% New 25 preferred 4.40% Seabd 45% July 31 25 Mar 11 42% July 28 No par 2 Scovill Mfg Co common 2 29 —No par preferred 12 89 % Apr 116% Jan 14% Jan $4 Feb 13 20 102% Jan 25 preferred 86 % Feb 30 Feb Oct 30 Feb —No par Paper Co common $3.40 31% Jan 35 % Jan •5 103 29% Oct Scott 6 86 28% 29% 69'A 278 175 21 Va 93% 24'A 13% 24'% 13'A " •7y2 Oct 37 % 37'A 36% 85'%" lo — 36% 36% 5 common St May 26 68% Jun Stores preferred 4%% 1 ! *60 Va Feb 16% Jan 4% 17% July 17 29 205 *88 Safeway 33% Jan 24 16 % Jun 27% Apr 7 92'A Mar 10 *100 ' 43% 42% 44% 101 43'A 22 %, 101 85 58 Va 58% 58 22% 22 % 44% 44% 23 45% 5,700 237 a 23'A t. 101 *100 3,100 10 101 *100 87 86% 14 58% 59 59 23 23'A 23'% 10 1,500 59'% 23 14 58% 87 *13% 86 *13% 14 *13% 43% 43% 100'% *100 84 ' 84 83% .83% -13% ,13% 58 58% \ i. 22% 22% 22% 101 10 88% 14 *13% . ; 100 . 8,300 I " 22% Jun 31 26% Mar 27 Seeger 9% Oct 27 14 Va Jail 29 9% July 23 12 Va Mar 12 Seiberling Rubber Co 7ya Feb 13% Dec 29 9 Va 14% Feb Servel Inc 82 % Nov 26 10 y« Jan 68 15 25 Mar 13 23% Dec 71 10 • July 28 Jun 18 36% Apr 24 31% Feb 20 43 Dec 5 33 Oct 16 42% Jan 30 *8 Va Feb 28 10% Sep 8 Jun 9 23% July 31 65% Feb 27 29% .lan 29 24% Jan 15 42 % 20 Mar -80 62%'Apr 24 2 15 Dec 32 July Jan *38% Nov 18 15 38% Oct 6 48 Sep 10 '23 Jun 10 43% Mar 16 $4.50 preferred Shamrock 75% July 31 •17% Jan 16'A Mar 6 Shell Sheller 9% *70% 40% 40% 40 40 No par 391/2 39% 4914 39% 9% 9% *9 Va 25 Va 25 25 15 70% 71% 71% 72 Simonds Saw 71% Apr 24 86% July 17 Skelly 37 —— Oil Oil 10 9% *70% 39% 13% 13% 13% 13% 30% 30 30% *30% 3914 40% *39 40 % No 39% *72 40% 40% 40% *24% 73 Va 74% 16 16% 13% '13% *30 *40 37% 37% 37% 82 'A 82 Va 83'A par 37% 37% 37 37% -83Va 84V2 81 % 82%- 81 *41%-42% 300 i 29,600 16'% 2,700 13% * 75% 16 Va 13% 2,800 900 30% 30% *40'A 41'% 400 . 377'a 38% 20,400 ■ 82% 83 V2 6,800 41'A 36% 400 74 y4 30 % 39 % 5,600 9 Va '25 25 ' . 3,000 407a 9 Va 25% • 400 9,900 73 4 9% *9 1,000 • 9'% 72 39:% i_ _ 40 25% 13% - 97a 40 *70% 31 25 Corp— 39% ' 9% 16 16 1514 No par . 9% 9% 73'% 72 30% 15% 73 9 9 *24% *13% 15% 9% 9% 40% 40 1 Steel Co 15 V> 23 *9% —1 Co Sinclair 9% 23 —No par Corp of America 43% Mar 20 73 *70% 25% , Sheraton 9 9% 9Va g5/a 73 1 Co Simmons & 9% 9% _Nopar Pen 5 Mar 20 23 23 I 20 35% Jun 43:% 10 1 Corp—2 Mfg Corp.. 19 Jan A) 23% «g% No par : j. Oil 38% Jun 34 (W 23Va 1 Gfts„ Shea Iter 18 26 & Sharon Steel Corp Shattuck (Frank G) 6 10 102'A Jan Oil 11% Mar 25 Jun 7 5 ! common 26% Feb 1 13% July 22 30 14 May 20 Refrigerator Co July 16 49 77 9 17'/a Dec 23 2 May 27 13% July 10% Jan 28 87 38% Mar 31 Apr 26 r ' "when New 32% Mar 3 11% Oct 15 S3 20 Nov 38%July24 17% Mar 12 27 42 7 3 51 63% Nov 20 19% Aug 27 22% Apr 8 Smith (A 27 Smith (Alexander) July 23 58% Mar July 22 70 % Feb 4 16% May 124% May 4% Feb 21% Mar 6 Jun 23 18% Jun 1 10 37% Jan 5 15 40% Jan 25 32 '/o Jun 2 21% Jan 14 16'A July 28 7 143 5 6% Dec 7 Sep 12 121 Jun 5% Jun 18 8% Jan 9 12% Dec 10 11% Jan 45% Jan 17 52 Dec 23 48 50% Dec 16 69 Jan 14 6 42% Jan 16 May 29 43% July 16 33% July 2 140% Mar 13 7 Vo Feb May 34 Apr 14 38% Nov 20 33% Jun 2 16% Nov 19 13% Jun 10 22% Jun 11 • 21% Apr 28 22 Nov 10 38% Oct 16 16 6% Jan 29 5% Ju» 9 9V2 Jan 17 16 23 9 103% July 9 5% July 6 103% Jun '18 77'A Jan 7% Mar 17 7% Mar 25 Apr $5.50 19 Feb 18 56% May 14 52% Jan 19 59% May 14 2 100% Mar 16 4.60% 14% Jun 17 45'A Dec 12 39 3a July 29 3 6% July 29 83% Nov 18 73 Jun 13 25 % Feb 26 34 Va Dec 8 22% Jan 2 28% Dec 11 80% Jan 2 92 % Apr 3 12% Jan 10% Jan 2 18% Oct 28 3 18% Nov 26 10% Jan footnotes see page 24. 61% Jun 24 26% Jun 80% May 14 10 July 29 10 5 July 14 16% Jun 9 5 49 Va Mar 20 9% Mar 19 /67 y4:Mar 23 31% Jan 6 29%>Mar 18 01 Feb 11 17'A Jan 6 20 Va Mar 18 34 % 16 Va 12% 12% 13 stlc tr ctfs jl No par common——6 preferred 5% *103% 53 106 53V2 57 *56 *99 100 *99 1 14'A 1 41 Conv Square $4.50 D Standard - 6% 7 pfd; (Stamped)_No par 62% 24% 24% Brands 'Inc $3.50 preferred Stand Gas & Elec Co com *47 > 50% 38 Va 38', a 200 36% 6.800 45% 46'A 39 39 6 52% 57 "*56'A 100 *99 76% *75'A 76% 14'% 14% 14% 5% 6 106 53 % 57 100 6 6 *103% 54% 56% *99 6 55 % 57% 100 14% 39% 40% 14'% 41 39% 40% 6% 6% 6% 6% 6 106 14% 14% 1,700 45% 38 39 53 ' 4534 45% 45% 6% 23,000 15 24 3 2474 ■ /. 800 4 24% 25% 4,900 44'A 44% 26,500 467a 47 24,600 39 39 *75','4 2.500 1,300 15 15 6 % 6 *6 • *103% 6% 2,300 • Va *99 14% 40% 600 106 56% 56 57 . 75'% 1,500 270 57% 100 3.900 145a 7,700 40% 6% 62 5.600 7 *61'A ' 62 230 62 — — 62 % 62 62'A *61 Va -24% 24% 24 24'A 24 Va 24% 24% 243; 3.000 28 28'A 28 28% 28% 28% 8,500 84 83% 83% 83 83% 100 14% 14% 15 15% 15V2 3.400 18% 18% 7,400 28 27% 28 Va 83% 83 83 14% 14% 14% 14 7a 18% 50% 39 83% T8V4 *36 45 27% No par 45% 44'A No par 1 *47 25 Va No par com • Standard Coil Products Co Inc 6,000 14% 6% » 62V2 _5 Co 12% 40% 41% 2 common 12% 127'4 14% 14 Va Spiegel.Inc 5/200 12% 24'A 5% 500 130 5% 43% *103% 50 5% 25 14% 110 5% 24 *75 8.300 . 5% 43% 6% 53 *56 2,300 1674 *120%. 23% 106 *103% 50 35,900 167a 35 '/8 16% 25 Va 5% 5% 100 preferred 35% 35'A 130 43 Va 76 *6 - 1,200 25 14% 14% 7 16% 39 *75 5% 167a • 45% 44 Va *38% *6 IS'A 23% 43% No par . 200 28% 147a 25% 14V4% 18% 15 23% 76 18% 18% 14% 42% 14 16% 52% 14% 23% *75 34% *123 11% -4434 5174 35% 25 % 1 16'A 10% 44% ■ 10% Xl4% 25% 100 *18 2,900 *28'/2 45 51% 42 ' 3574 24 38% 51% 28% 36 25'A 38 % 10 *44 *41'A 41% 35% 24 50 38 - 35% 15 Spencer Kellogg & Sons Sperry Corp (The) ■ *36 35% 43% 12% 50% 14% 46% 5% 45 % 35% 43Va 12% 16% 38 *35 45 5% 34'% 130 45 15 '—7.50 16% *47 50 Va 44% 35% No par & Bros Inc 2nd 12% 34 Va *124 45 *47 50% 14% common—No par Chemical.-,Co conv 5% 5% 5% 35% Elec__No par Co (Del) preferred Ohio 16% 130 *123 126 25 preferred 4.50% 98% Feb 19% Jan 16% 33% 16% c.om_4.50 Edi6on & Co Railway & Spencer 2 7 16 % 34% 25 Sparks Withinglon Co Spear & Co common 16 16'% _5 Gas Spalding (A G) Dec 26% Jan Co ; — Natural-Gas Pacific non-cum May 16 44 G (The) Indiana Mobile 9 15 Va May 25 105 South 57% Jan 49 103 17% July 18 31% May 1 7% Nov 16 For 24 Southern 4 Feb 27 Va Feb 49% May 20 28 99% Jan Southern-Co 9 6 & — California Southern 12'A Jan ; *16'A 37 Soutli'n 17 18% 37 2 5% *18 preferred 10'A Feb May 21 18% 45 Southern 40 54 *18 45 49% Mar 18 18 *51 Va 18% *47 33% Feb -10 Mar 30 E 10'A 45 16 Va 5% 10 54 16% 1 28 54 50 5 Jan 62 8% Platinum & *41 27% *44 16 Va 126 41% 45 *44 34% pfd—100 % 27% *41 *51 Va Porto Rico Sugar com_No par 9 16 38 Vi Apr 13 Carolina preferred Jun 23 21 5% 23 11% Oct Aug ' South 42% Juu 73 Oct South Gold Amer 23 37% Jun Feb South 9% 9% 10 45% 1 Co Solvay -American Corp 4% 23 29 6 Aircraft 27% 27% 15 Socony Vacuum Oil Co Inc Solar 41% *41 27% ___5 Smith-Douglass Co Inc Dec Dec 9% *44 18 % Dec 76 100 *51 Va 39% Mar 16 • Inc common—20 27 100 30 18 6 Jan 40 10 4.20%, preferred 1 5 , Corp Smith & Cprona Typewriters_No par 47% Dec Jan 100 May O) preferred 26 43 Va Jun 66 Mar 26 53 53 Va Feb 9 12% Jan 27 15 2 38 i 21% Mar 20 18 3%% 25 16% July 15 16 32% Oct issued" Jan 17% Feb 8% July 22 66% Mar 22 80'/a Apr July 15 18% 18% *83 14% 18% 18% 18 'A 18% 1 1953 (403): NEW YORK STOCK RECORD STOCKS Range for Previous \ 72 59'% 10 Jan Monday July 27 Par California—No Standard Oil of 1 5 51% par Indiana 25 Jersey 15 Standard Oil of Ohio common—10 3%% preferred series A 100 69% Jun 16 81% Jan 2 Apr 24 78% Jan ' 5 Standard Oil of 22 32% Jun 10 38% Jan 5 18 94 May 11 100% Jan 12 Tuesday July 28 52% SALE 51% Sales for PRICES 13,200 54 53 53% 74% 9,500 74% 34,000 35% 7,400 74 73 731/4 73% 74 733/ 741/. 72% 72% 72% 72% 73% 73% 74 35% 34% 35 35 35% 351/4 353/. 73% 35% 97 *94 54 74 35 New Shares July 31 July 30 53 the Week Friday Thursday July 29 51% 51% HIGH Wednesday 73% 72% Standard Oil of 68 Mar 15 Jan 47% Jan 23 EXCHANGE Highest 25 92 85 16 Oct 16 35% Oct 49% Jun 64% Jirty 23 3 70:,/4 Oct Lowest Highest 50 % Jan NEW YORK. STOCK Range Since Jan. 1 Year 15)52 Lowest Continued—Page 11 LOW AND • *96 Jan 10 11 % Oct 30 15% Jan 5 11% July 13 13% Mar 26 Stand Ry equip Mfg Co *94 *11% 97 u% U3/4 113/. ,1% 113/. 11%, 97 11% 22% Feb 27 27% Nov 10 21 % July 28 Standard Steel Spring common—1 Stanley Warner Corp „_5 Starrett Co (The) LS, No par Sterchi Bros Stores Inc 1 Sterling Drug Inc common 5 21% 111/4 *43% 15% 21% 21'A 21% 21% 21% 21% 213/4 3,900 11% ni/4 11% ns/a 113/. 21% ll5/s 21% 5 27 Mar-25 12% May 11 ,113,4 11% 11% 16,400 44 *431/4 44% 44% 44!/2 *43% 44% 200 *15% 15% 33% *15% 33% 153/4 33% 153/4 15% 700 33% 15% 33% 3%% preferred Stevens (J P) & Co Inc 100 —15 *88% 28 % *88% 27% 89 28% *881/4 *88i/ 89 Stewart-Warner Corp 5 Stix Baer & Fuller Co 5 Stokely-Van Camp Inc common—1 5% prior preference 20 Stone & Webster—— No par Studebaker Corp _1 Sunbeam Corp No par 20% 15 14% 17% 20% 15% 14% 17% 19% 15% 14 *17 24 24% 29% 29% 29"% 29% 94 . 100 % Sep 9% Mar "5 36% May 13% Mar 24 32 % Oct Nov~28 17 40% F^b 5 45% Mar 27 July 45 15% July 28 17% May 25 3 43% Jan 22 32% Jun 31 35% May 21 4 1 Dec 23 93 32% Oct 29 44% Jan 1 22% Dec Jun 24 26% Jun 10 87 8 30 18% May Apr 30 23% Feb "2 30 17% Feb 2 15% Mar 11 1 17% Jun 12 17% Sep 2 16% Jun 10 13% Jun 16% Nov 21 18 21 16% July Jan 8 31% Feb 5 26 % 1 23 35% Dec 31 26% Jun 21 9 Jun 101% Jun 27 Mar 20 Apr 4 79% Jan 29 70 Jun 15 110 3 114% Jan 8 94% Jan 119% Feb 28% July 22 18% Oct 6 24Apr 3 22% Jan 28 24% Jun 16 22 % Dec 18 26% Apr 3 1 70% Dec 11 16 11% Jan 18 8 Apr 14 520 27% Jan 26 17 16% Jun 24 2 5 <117 7 Jan 24% Jan 2 26 6 71% Apr 27 Jun 3 10% Jan 100 1 25 conv 2nd pld ser 1950—20 5%% «H2 1734 ' 24 May 8% Oct 4'JO Oct 17 19 Oct 30 22% Apr 570 600 May 12 Jun 24 26% Aug 26 25 Jan 102% Jan 2 112% Nov 24 100 Jun 24 14% Dec 15 123/4 Jan 13 30% Oct 30 35% Jan 22 35% Jan 41% Dec 31 82% May 2 81%;Jan 102 Jun •- 173/8 May 1 4 5% Oct 23 21 5% July 22 13V# Jan 13 9:,A Dec 16 27%tOct 16 15 32% Oct 16 128 Oct Jan 8 Dec 5 Texas Gulf 42% Feb 24 Texas Pacific Coal Pacific Land Apr 116 Apr 37% Jun 14 • Jun 36 12% Mar Textron 17% Jan 10 14% Mar 10 42 11 9% Jun 18 48 Feb 4 Jan 11 15% Feb 59% Dec 16 9 983/4 July -3 Jun 17 X1Q3/4 Jan 10 • 14 Feb Jun 5 Thef 27 3 8 46-% Jan 5 Jun 16 29% Mar 19 20 % Feb Trans 25% Jan 14% Jun 21 25 Apr 24 Feb 2 8 17% Dec 9 17% Jan 27 10 1123/4 Dec 15 14'A Jun 106% Jun 16 Jan 24 M2'A Feb 15% Jan 3 21'A Feb 15 16% Jtin 2 20% Jan 30 May 19 443/4 Feb 15 42% JU11 19 7'A Feb 25 16% Aug 25 21% Dec 4 17 10 24% Jan 30 60% Dec 10 50 July 29 69 'A Jan 30 14% Dec 13% Jan 2 40 3A . 47% Aug 25 10% Oct 27 May 16 Jun 25 4 19'A Mar 25 $6 37 371/4 37% 381/4 37%, 383A 38 V# 38% 12lVa 123 120 122 122% 123 *122 9% ,10 % 9 7/s .9% 10% 10% 10 V# 1,700 15% 15% 15% 15% 15% 15% 15% 800 13% 13% 13 131/4 13 13 13 13 % 800 x36% 36% 361/4 36 »/4 *36 37 *36 37 130 37 21aA 21 V» 5 40% ll7/# 40% 12 2 263A 5 15% *21 15>A 10 5 Oil L - No par - Inc No par common 1 *42% 50 (conv) 10V4 49'% 93 '2% 23% *23 23% 41% '3 26% 26% 26% 27V* 27V# 153A 15% *21 15 15% 153/4 *21 15% 15% 22 153/4 *21 . 15% 22 153/8 109 Va 109 Va 17% 17% 22 *42% 44 15% 109 'A 109 Va 17% 17% *42% 44 Udyllte Curp (The)— 11% 11% 11% 113/4 40% 41 93A 40 40% 43 Va 63% 43 conv Rap Transit com—No par prior preferred-! 50 Co 1 Coach 393/8 7 7 - l73/4 *42% 44 40'A 5% Twin 173/4 13 110% 18'A 18Vs *11% Underwood 8 18 SO'A 18V# 7% 8 22% 20% 40% 11% 27V* 7 % Twin City Jun Jun 9% Mar 20 • - 40% 12 21 17% 12% 39% 15 *9% 493/b :91 2'A *23'A 11% 21y/4 17% 12% *38% 45 t 41 *2% ; 10 49% <49% *91 .93 2% . 2% 23V4 23'A 173A 7 8 xlO 50 17% - 12% 39 7 51 Va 173/4 13 39 • -513/4 17% *13% 39% 1 8 V# IOV4 • 8 V# 100 8V4 *10 *41 41 2,100 90 41% 800 * 2 3/4 T03/» *9% 49% 49 V* 49% 91 91 91 y# 60 23/4 1,100 3 2%. 3 100 10% *2 V4 3,200 300 24 24 24 23% 26,100 23 V# 23 V# 21'A 21% 213/g 5,100 40% 41 41 2,400 12 11% 12 6,300 27'A 16'A 271/4 16% 153/4 3,100 21% 15% >111V# 112 9,900 16% 27 *21 22 44 15,500 16 450 111% *173/4 1,800 18 *42% 173/4 44 1,166 183/s 18% 18 Va 52 53 53 17% 17V4 17% 22,000 13% 13'A 133/8 1,200 39% 39% 7'A % 7 10% 10'A *10 ,*9% :10V4 8-8 *41 41% *2% 3 *50% 17% *123/4 383/4 16 , 21% 22'A 20% ; 20% 40% 403A 11% <12 21 %' 20'A 40% 15% 108 Va 109% 173A 173A 1 No par Corp 3 I0V4 8% *9% 49% *91 2% 50 93 .-'2V4 213/8 21 *9% 7% 41aA *2% i. ■ , *153/4 18 15 9,800 131/4 52 Jun 200 45 15% 18 11% Jan 5,200 125 % 433A 10 'A *51 36% Jail 4,100 13,900 15% par 1 7 *123 44 7,200 131 128 125 Va 43% 433/a 18,400 42% 10'A series A 129% 126 *122% 125 425/B 50 1 9 7 425/8 42% 2,400 42'A *9% 49a/4 *91 2»A" 233A Williams. Steel & . 125% 123 125 423/4 preferred Preferred 11 38 22 37% *413/4 *2% Tung-Sol Electric Co common-. Conv 5% series of 1952—20Lli Century Fox Film new Dec 31 7% Dec 37 ,10 7% Truax-Traer Coal Co common 12% Jan Jan 92 10 *7% Airlines Trl-Continental 12% Dec 8% July 15 29 7 World Transue 16 28 47 91 % -No par Transamerlca Corp 16 27% Mar 12 18 563A 46'/a 90% *123*1 (The) 22 10 3 56 46 3A . 1 1,100 56% 37 Bearing—, 13 % Mar 25 11% Jun 55 13% 41 893/4 *13 Axle Toledo 15 13 "A *40% 45% —15 Co Edison 131% 41 'A 893/4 No par 1 Associated Roller Timlcen 13 40% .45% 28 40 131/4 40'A 55 500 143/4 131/4 40'A 893A 3% Jan 2 1,100 *14 14% *14 14'A 14 30 500 53/4 53A 5334 2% July 21 Water 5% 10 .No (J R) Tide 5% 100% 100 451/4 preferred -100 Thompson-Starrett Co com—No par $3.50 preference No par Timken-Detroit 5% 81 *79% 5/8 4% 4 5% . 455/8 Thompson Products Inc com——5. 29 % Mar 27 100 Va 533A Thompson 25 'A Mar 100% 89 2 27'A Mar 25 5,800 81 *79% 993A 443A 14% Mar'12 9 33% 333A 333/8 81 89% 613/4 Mar 26 20'A July 28 200 5,200 541/4 97% Jan 23'A July 15 32% 16% 38 Va 993A * 90 106 % 16% 38% 90% Transit Corp_No par 20% Jun v 32% *105 16 V2 38 V2 38% 46% preferred——50 $2.50 convertible 7 106 V2 *16 90 common—5 : 4- July 28 106% 38% 1 common tTltird Avenue 1,600 , 45Vb No par i Co 1,600 27% 27% 105 -100 Ry Co preference Fair ThCrmoid 500 18 27% 18 32% 14% 4,600 18 > 173/4 16% 5% 400 8% 569 53 Va —10 — preferred $2.40 conv 13% Jan 105 *14'A common. conv 24% July Jan 143/4 *14'A 1 Jun 46j4 July 14 233A Jan 23 22 yA Nov Mar 26 i2%Jan 9% Jan J 68% Jun July 2fP<? 12% Dec 9 16% Oct 4 15 Inc $1.25 23% Dec 3 213/4 Jan Jim '9% 8 1 91% Jan - 13/4 Jan 18 8'A Jan 40 15- 10 '49 *5% 70% 8 569 Trust— Thatcher Glass Mfg Co 44 8 7'A Jun 6 20 Oil & Utilities Co 18 1 23 5% No par Sulphur.—— Texas & Pacific 9 19 22 39 Va Oct 100% 5% X79% 1,600 8 27% *79 100 *99% 70% 900 21% 560 173/4 37% 80 79% 100 39,700 24% - 21% •27 % *15% 32% 32% 32"% 80 18% 18% *24 8 555 105 16 373/8 60 , 2,200 113% 10 __ share -certificates Sub 23 Texas 143/4 Jan 25 Mar 47% Mar 19 12% Feb * Nov Jan 138 10 26 % Nov x 165 23 24 10 31 16 37% >112 25 — 110% Jan Nov • 106 % *105 373/8 53% 103A. Oct 15 *27 Guff Producing Co 31 95 *17% 27 Co 9% Jun 22 17 1,400 73 20% 70% 2,100 9% 555 8'/a 17 163% 32 Va 70% 8 263/4 37% *79 % 24 20% 70% 26 3A *15% 18 20'A 17% Texas 8 18 24% >530 Texas 17 113% 18y ; 24 20% 8% 1 Jun *112 26,400 99 723A 73% 113% 550 5 2 Corp *71 *24 70% 8% Jan 15% Jun Apr *70 9% 600 3,100 *97% 99 =72 *530 • 9y 99 100 20% 24 Va 54% Apr 12% Jun Oct 30 "9y8 9y4 *98 58 7 18 3A 29% 9y4 A gi/8 100 10 Jan 7 18 31% 13% 2 22 % Jun 30% 29% 303/4 29% 41 153/4 Feb 4 30% 12% 18% Feb 2 30% 29% 40% 183A Jan May 29% *29% 131/4 14 42 % 24 41 17 41 24 12% 15% Nov 8 24% 41 115 30 433A Feb 24 5 10 Va Nov . 24 8 19 29 23% Telautograph Corp 46'A Nov 35 % Dec 17 Tennessee 24 Va. Oct *16% 3 32:1A Jan 12 »i6% 13 3A July 24 36Va Apr 12 195% Mar 28 135 17 47% Mar 89 1163/4 July 14 16 86 1,500 17 15 *34 Dec 31 46 3/4 Jan 1,000 14% 20 Texas 100% Apr 2,600 15% Jun 39 ,60% Jan 2g 37 21 15% *14% 50% Jun 23 50% Oct 20% 15% 141/4 17% 20'/4 106% 2,700 20% 21'A 1 28% 20% *112 " 177/fl 8 Va 3,100 34 89 28% 28% 29% 29% 29% 9% 70% 33% *88% 28% 1,900 24% *98 550 „ 15% *14% 113% 177/8 >105 9 (James) 29 / 97 141/. *112 175/8 *24 26 3A 25 Taicutt lne 15% M*r 29 5 14 16 46% Dec Jan 8% Jan .15% Nov 28 4% Mar 11 34'/a May 19 20 15% 15% 14% 113% 177/3 ~ 24% 17 Sylvania Elec Prod Inc com 7.50 $4 preferred No par $4.40 cum pfd (conv)— No par Symington Gould Corp 1 86 May 22 111% Jan 5 7% Feb 25 20 71% 8% Sutherland Paper Co common 5 4.40% preferred 100 Sweets Co of America (The)—4.16% Swift & Co 5 Jan 40 Dec 115 . 6 39% Mar 18 2 11 78% July 7 973/4 Jma 16 7% Jan 14 May 4 89'A Aug 25 14 20% 15% 14% 17% 71% 550 50 Superior Steel Corp 27% July 30 110% Mar 27 18 10% ,Jan Mar 27 22% Jan 20 16 89 28% 71% *20% 12.50 10c 25 Sunshine Biscuits Inc Sunshine Mining Co Superior Oil of California 29 33% »96 28% 72 *70 63 97 23% 100 71% * 15% 9% 9% *98 Class A 4%% preferred Sunray Oil Corp common 4%% preferred series A 23% Mar 26 66% Feb ,._1 A *43% 15% 34% 89 28% 34 preferred—No par Sun Oil Co common—. No par $4.50 series 6 20% May 13 Chemical Corp common Sun 21% Mar 25 10 Jan Feb 5 10% Mar 13 16 July 2 82% Jan 16 95 • 9 99 16 10% Jan 17 Jun 28% Jan 43% Feb 35% Jan 10 30% Aug 6 40% Dec 21 May 20 8% Nov 96 14 2 147,b July 10 23 23 94% Jan 36% Jan 19% July 14 14% Nov 13% Oct Feb ' ny2 44 " 5)1 *94 7 240 40 • 270 7 500 u Oct 18 15% Feb 2 11% July 22 14% Feb 473/4 Oct 30 50% Feb 4 40 July 28 55'A Jan 15 14% Aug 6 9 Jun 18 13'A Jan 8 Jan 2 42 Jun 10 49% Mar 20 Union 72'A Dec 30 61 % Jun 16 24% Dec 15 19% Jun 16 1 —No par Asbestos & Rubber Co——-5 Union 50 12 11% Jun 3 43% Jun 26 Feb 27 23 Dec 30 104 Jan 2 57 ' May 93 83% Jan 9 111 98 Apr 30 82% Jun July 31 98 Jun 4 15 15 16 3 5 78 Va Jun Apr 21 9 Jun 18 37% Jun 10 121% Mar 31 25 Jan 35% Oct 94 . 101 «A Jun 91 % Jun 104 90 45% July 72% Feb 2 2 97 Bag & Paper Corp— Union Carbide & Carbon Preferred Jan Preferred 16 1153/4 Jan 5 45% Jan 50'A Nov 25 4 4'A Jun 17 50'A Jan 37% May 12 40 'A Jan 6 46'A Mar 26 38% Dec 31 31% Apr 24 40% Mar 20 30 102% Jun 3 28 May 107 101% Jan Jan 24% May 1 33% Jan 2 24'A Jun 10 913/4 May 1 104% Dec 16 93% Jun 16 30'A Jan 1013/4 Jan Nov xl3 21 8 17 34% Feb 37'A July 25 107 Sep 17% Feb 100 18 July 21 13% Jun 11 19 16 106% Jan 37% Feb 107 Jan 4% 4 5% 93 Va —No par 25 39% 106% 50 preferred convertible Air Inc Lines 24% *94 *34% common—10 Preferred 4%% series of 1952-100 Biscuit of America—No par United $4.50 Carton & Co 17 70% Mar 19 49 8 61 % Jan 26% Nov 12 33% Feb 11 26% July 13 31% Feb 11 6 4% Apr 25 4% Feb 24 10 Corp No par United-Carr Fastener 33% Feb United Feb 50 7 69% July 72% Mar 13 21% Jan 15 13% Jun 17 17% Jan 8 United Electric 18 12% July 20 16 Va Feb 2 United 14 V# Oct 22 11 Feb 8 May 49 7 51 64% Jan 30 29'A Aug Jun 23% July 22 6 7 32 24 Jan"9 96% Jan 19 May 101 »A Feb 11 2 11% Apr 22 13% Mar 73~ Apr~"l 50 JA Jun 10 65 102% Aug 7 31'A Dec 31 96% Jun 22 101 119 8 179 16 Jan 9 61 Mar 19 Aug 27 May 9 17 10 3 2'A May 12 Jan 5 15 21 120 Jun 9 175 Jan U 5 20 U Marl6 2 22 July 14 35 >A Jan 23 66 Sep 8 62 Jun 15 68 Feb 9 25% Jan 2 10% Jan 12 16% July U For footnotes see page 24. 8 4JA% U preferred S Leather Co *84 87 80% *80 80 5/8 *80 80% *80 80% 95 93%. 93% *931/2 40'A 40'/a 403/4 393/4 106% 1071/4 106'A 36% 413/4 42'A 28,200 106 Va 107 'A 5,800 36% 37% 46% 2,100 46% 46% 41% *413/8 36% 41 36% 46'A 46% 41 104 103 37 V# 373/8 *103'/a 104 104 104 24% 24% 24% 253/a 25% 25% 94'A 94'A *94% 95 95 96 35 35 34 3A 35 35% *102 104 13% *49% 13% 27% 2 7 J/4 33/4 33A 75% *74 Va 133/4 50 27'A 27'A 33A 75 27% 33A 334 33/4 *74 ■ *74 J/2' 133/4 49% *27 75 - 4% 4% 83/« 8,800 200 104 7,400 400 36 1.100 104 *13% 49% 700 133/4 1,300 50 27% *27 *33/4 *74 75 37% 97 *35JA *102 49% 133/4 *13% 50 50 300 42 261/4 26 *96 351/4 104 *102 104 *102 140 95 41% 106% *41 3/8 46 200 3% 5,100 75 4% 12,400 5 43/4 4% 43/4 43A 8'A 8'A 8'A *51 8% 53'/a 51 51 *13% 13% 13% 13% 12% 123/4 52% 53% 53'A 53% 53'A 533A 10,000 26 25 25% 25 25% 59,700 701,600 123/4 52% 24 % 52% 243/4 53 24% 24% A 32% 12 '/a 1% 52 *97 % 32% 12% —100 107 453A *103 95 95 40% 106 V* 413A 4554 *41 123A .—No par 30 80% 27% 3% 98'A *24% 25 % 107Va 1073/4 *167 169 *■ *22 22% *62 63 15% 16 ! 2,500 103'A *80 *93% 25 95'A 35 1% 52 % 221/8 102% *102% 80% 52% . 221/s 102% 22 Va *22 22 3/8 13 Securities 18,000 103V4 12% 1st preferred 6,400 64Vs 22'A 5 Park City Mines Co S & Foreign $4.50 43% 63 % *84 13% (The)_l No par No par S Freight Co No par S Gypsum Co common 20 7% preferred —r—100 S Hoffman Machinery com 5 United 43'/a 87 13% — 433/e 63% *80 80% 93 Va 40'A 107 1,300 43'A 62 5/a *84 87 *51% Gas Improvement 3,400 9% 103 4% 83/8 53Va 10 Corp- 1,000 42 9% 103 43A No par Co 121/4 4PA 93/4 63 *8V# Cos 12% 41% 9% 433/a 1 Engineering & Foundry Gas 91/4 43 x62% *102 3/4 22'A 11% 40% 9% com_l Co—13% United Merch & Mfrs Inc 1 U 27% Dec Coal Rights United Mar 26 31'A Jan 24% Jun 105% Jun 159 United *75 633A 11% 1 40Va' 5 preferred United Fruit % July 29 July 22 37% Feb 20 14 Mar 27 17 Jan 5 30 30 >A Jun 167 9'A Dec 58 Va Jan 34% Sep 19 15 Va Jan 2 1 % Jun 543% 10 7% 22'A 12 —100 United Corp (Del) United Dye & Chemical Corp 2 22 12% Oct 18 29 Jan 155A Dec 2 Feb 5% Jan 86 3% 9% Mar 13 74 30% July 26 2 *263/4 23 21 24% Jan Jan No par 24 . 10% Feb - Cig-Whelan Stores com—30c $3.50 convertible preferred 100 5% Feb Oct 30 67 9 22 5 4% Jun 2 19 53 Va Oct 3% Apr 5% Mar 21 4% Jan 5'A Nov 47 Jun 9'A >43'A 63'A 22 y4 103% *102 104 *13% 14 50% 50% No par preferred United Board United Carbon 57% Oct 9'A 45% 453A 41'A 41 y4 37 37% 103 103 .^.5 100 Aircraft Corp common United 21 16% Mar 20 California— nohcumulative preferred—50 Tank Car Co No par United 30 *80 No par series- $4 of No par Pacific RR Co common Union Union 29 32 % Mar 25 104'/a Jan Oil Union 6 42% Aug Jan 100 63 % 22 V4 *102% *84 10 No par series $3.50 Preferred Jan 43% Mar 23 No par series-. Preferred $3.70 87:,A Jan 100 43 V4 series $4.50 Jan 9% 20 Elec Co of Mo common Union 24 Va Mar 110 Corp 1 / nf % 32% 32% 12'/a 12 1% 1% 51% 51% 97 97 *243A 25% 107'A 107% 167'A 167 J/4 53% 53% 13% I3q>8 13% 13% 800 12% 13 13 '/a 13% 4,300 1% 52% . A A A *32 Va 32% 32V8 321/4 1,300 12 J/s 12% 12% 12% 5,400 1% 32% * 60 ) . ' - 12'/a 1% 13/4 1% 1% 4,000 551/4 7.200 53% 53 54 54 T *97 98'A *97 98'A *97 *243A 25 251/a *25V4 10 98'A 25 J/2 26 107'A 107% 1073/4 169 169 22 *22 *62 63 62 62 15% 15% 15% 108% *169 1 170'/a *22 22 J/2 22 15'A 8% 531/2 J/2 % 323/a 12 *8% 53% V 24% 700 8% 22% *62 63 15% 16'/a 107% *169 *22V4 ,*62 153/4 109V2 200 2,100 50 170% 400 22V2 63 16 , 20 9,300 23 24 The Commercial and Financial Chronicle... Monday, August 3, 1953 (404) COBtlRBttf—P«|8 12 NEW YORK STOCK RECORD Highest Lowest 18% Jan 3 x7% Dec 9 19% Jun 8 %-Nov 24 16 7% Jun 23% July II 15 35% Oct 23 39% Dec f 35% Jun 56 Sep 19 67 Jan 4 58% 26% Oct 16 34% Mar 21 x81% Jun 17 90% Dec 31 76 Jan U 32% Feb 11 85% Jan 84% July 27 31 97% Apr Jkw D 22 % Oct 16 30% Dec 31 24% Jun 10 136% Jan 2 146% Feb 6 128% Jun 16 53 Oct 30 87% Mar 29 44% July 28 67% Jan a 61 Jan 3 68 % May 29 57 66% Feb 3 37% Oct 23 31 % Jan 144% Mar 11 July 16 31 37% Jun 10 44% Jan B Jan 24 135% Jun 12 144'A Jan 28 23 Feb 13 18% Jun 25 21% Feb 26 41 May 18 35% Jun 29 89% Jan 29 2 8% May 25 9 % Mar 19 42% Dec 138% May 16 19% Oct 20 144 36% July 25 5% Jan 7 7% Apr 10 6% Jan 10% Jan 11 8% July 28 -10 U U 22 94 Jun 27 Mar 18 4 % Jan 19 80% July 20 2 Jun 25 90 2% Apr 23 24% July 25 4 Mar 19 27 Jan 18 20% Jun 29% Mar 12 2 3% Jan 2 1% Jan B 3% May 13 21 % May 27 26 % Dec 8 22% Jan 14 26% July 21 26% Jan 7 24% Feb 9 26% Mar 26 Universal Leaf 1 % Sep 23 May 156 2 Jan 14 169 6 Apr 24 14% Dec 57 May 23 156 16 Aug 11 14 Jan 8 6 17% Jan 27 % Oct 30 Dec 12 10 23% Apr 23 Jan 7 10 34% Mar 21 16 45% Mar 21 July 22 17% Mar 23 Van 32% Mar 25 Van Raalte Co Inc 14 4 16 28 15% Jan' 23 7 31 Jan 25% Dec 5 Jan 23% Apr 9 129 Dec 11 125 3 127 Oct 31 125% Jun 32 Jan 2 24 % Apr 9 93 % Apr 29 18% Oct 24 29% Jan 19 25'A *156% 2% 2'A 26% 2'A 2% 2% 600 26% 26% 400 *25'A 25% 158 157% 80 16% 17 V« 5,900 63 63 63 110 31% 31% 313A 32 1,400 37% 38% 39% 4,300 16% 16% 64 63% 63% 63 31% 31% 31% 31% 31% 31% 38 36% 36% 36% 37% 14% 14'% 14'A *14'A 14% 14% 14% 31 30% 31 *30% 31% *30% 31% 37% 16% 16% *62 63 14% —10 *30% 7% 7'% 7% 7% 7'% 7% 7% 25% 25'% 25'A 25'% 25'% 25'% 25'A 14 3A 7% 25% 39'A 900 14% *31 31% 200 7% 7% 2,200 25% 25% 1,800 129 *88 25% Jan 8 Jan 8 100 Jan 23 4 29% Jun 12 13 26% Jun 15 35% Feb 30 Feb 19 2 44% July 30 5 200 157% 16% 16% -2.50 Co 200 23% 64 Ne par 1,100 2% 22 253% 16% / 300 82 *2'A *21 26'A *156% 159 *80 2'A 22 100 300 2,300 8% 23% *25 25'A 159 158 8% 26'A 26'%/ 25'A 80% 2'A *21 2'A *26 25'A 80'% 2% 20% 8% 92 Mar 20 100 7 18 22 Jun *26 25% 80% 20% 2% 21 2'A 2% 26 % 158 80% 8% 8% 80'% 1 129 3 36% Mar 21 8'A 27 July 20 16% July 8% 3,800 7'A *125% Jun 27 18% 2'A 2% 4,500 37'A *7 *125% 92 I 18% *36'A 7'A 27 92 18 18% 37'% *7 129 2 11 18% *36'A 7 7 129 15 Jan 18% 37'A 7 26% a 31% Oet 18% *36'A *79 80'% 22 *16% 1,600 18% 8'A *156% 136% 37'A 8% *2% 136'A 136% 37'A *6% 26'% 47,500 *125% 114% Jan 18 ' 6% *25 400 39i% 18% 18% 38 2% 58% 39% *125% 5 44% Jan X136% 138 473% 58 3% 39 128 20 8 138% 138 463A 583% 128 116% Nov B 137% 138'% 10C 47 *125% 8 16% Apr 38 3A *58 *125% 110% Jan 35% May 22 387/a 128 B 28% Mar 58 38% 128 8 Jun 45'% 58 *125% 27% Jan 37% Jan 45 38% 38 *125% 130% Jan 31 45 58 38 % *78'A 46 44% *57% 46% 58 133 128 23 14 133 128 26 24 1,430 132'A 26% 22% Jun 33% Apr 133% 133 *125% 114% Jun *27% Jan 133% 132% *125% 19 103% May 132% 25% 133 % noncumulative preferred—100 31 103 % Dec 12,700 Victor Chemical Works common—B 27% Dec 22 20 26 7% Vicks Shreve & Pacific Ry com„100 137% Jan Mar 12 84% 26% 8 6 95 *76% *83 3A 26% 13 2 98% Jan 78 84% 25% Mar 19 Nov Jun *76'% *83% 26 Apr 92 July 17 17% July 15 88 106 78 84'% 77% 25 7% *83% 27% Jan May 29 21% Jan 119 6,000 2,700 78 25% Jitfy 17 28 87% Sep 23'A 128 3 1 23 127 6 17 Apr 24% Oct 23'% *73% Vertientes-Camaguey Sugar Co—6% Vick Chemical Co 2.50 6 10% Jan July 16 Apr 116 116 22% 26 *21% Vanadium Corp of America—No par Norman 22% 8% 100 preferred Utah Power Be Light Co 4 'A % 22% 84'% 1 Universal Pictures Co Inc com 500 23'A 22% 25% 100 preferred 8% 34% Jun 46% AUf 14 13% Nov 34 17 17% May 20 68% May 20 61 July 28 33% Dte 31 IB Feb 4 2 60% 6% Tobacco com_Nopar Feb 60% 138 Paper May 61 46 4% convertible preferred Universal American Corp 28% Jun 65 28% Apr 167 Wall 60'A 38 convertible (6 United 60% 57% preferred—No par Inc common_2 80 1 Universal-Cyclops Steel Corp 1 25 60% *83% 18% *87% Oct €0% 84% *37 'A 24 38'% 25% 1% 8% Dec 38 78 No par Co common 38 132% United 300 8 37% 8 78 noncumulative preferred—25 Stockyards Corp 1 United Stores (4.20 noncu 2d pfd-B u S Tobacco 2,700 8 *7% 38% *7% 8 *76 84% Shares 20% 38 23% *76 20'A 20% *60'% 61 23% 20'% 20% 38'% 8 38% 61 20% 20'A July 31 July 30 37% 8 38% 10 S Plywood Corp common —1 3%% preferred series A 100 3%% preferred series B 100 S Rubber Co common 5 8% noncum 1st preferred 100 S Smelting Ref & Mln com—BO 7% preferred 60 S Steel Corp common No par 7% preferred 100 20 20% & -20 D S Pipe & U S Playing Card Co Mar July 29 the Week Friday Thursday Wednesday July 28 20 1 preferred. Foundry Co. 4%% Tuesday July 27 Far U 8 Lines Co common. 26 64 23 22% July 29 Mar 28 90 102% Jan 22 40% Mar 17 9 \pr EXCHANGE 22% Jan 8 Monday TORK STOCK NEW Bange Sine# Jan. 1 Lowest Highest Tear 1952 Bales far LOW AND HIGH BALK PRICES STOCKS Range for Preview 30 Mar 4 18 Jll 5% *88 100 preferred 3% % Va-Carolina Chemical com preferred 100 div partlc 6% preferred Vlsklng Corp (The) 6% 18% 18% 120 18% 18'A 18% *118 118 119 118'% 25% 25% 111'% 110% 110% 110'% *93 " 95'% *92'% 95'% *92'% 95'% *95 97 *95 97 *95 97 95 19 118 27'% 20 119 25 7% 25% 5,900 *110'% 111 111% 110% 110% 170 *92% 95% *92% 95% 95 *95 96% 100 29% 2,400 29% 30 29% 30 29% 29% 29% 27 26% 26 7% 27 27 26 7% 26% *26% 43'% *43'% *16% 17 *16'% 17 *16% 17 *27 28% *27 28% *27 28% 62'A *61% 43% 300 257% 30% 43'% 5,700 119 25% 25% 26% 43% 2,400 92 19'% 30 —20 preferred If, 19 *88 92 25'% 111 B 10 Vulcan Detinning Co common *88 92 118'% 24% 23 23 — 26'% 26% 267/e 25'% *119 Virginia Elec & Power Co com..10 $5 preferred 100 $4.04 dividend preferred 100 $4.20 dividend preferred 100 Virginia Ry Co common— *88 92 18% No par 26% 26% • 44 44'% *16% 27 44% 700 27 44% 44% 17 *16% *27 1,600 17 27 28% 100 1 W 85 Apr 68% Deo 17 11% Jan 12% Aug 2 60 6 Jun 18 12% Jan 29 12 25 14 Nov 24 297/a Jan 42% Apr 29 51% Jan 7 Dec 22 10% Jan 30 17 % Jan 11 21% Dec 3 18"% Jan 99 27 8 i 70% Mar 9 43% Jun 16 104% Dec B Jun 15 13% Jun 16 22 20 Va Jan 30 14% Jun 5 25 Jun 3 35% Jan 30 25 Feb 27 % May 15 37 Dec 30 32% Jun 25% Jan 4 31% Sep 3 24% Oct 23 13'% 25% 25% 25% 49 49% 49'A 49'A *49'A 49% 6% 6% 67% 6% 6% 6% 23% 23% 9 July 31 27 Fab May 12 Feb 4 17% Apr 16 Walworth G & W 2.50 Warren Foundry 10 37% May 14 Warren Petroleum 31 Jan Washington Mar 16 31 24 % Jun 10 30 21 14% Jun 15 17% Apr 19% Feb 19 24% Dec 3 20% Jun 11% Nov 17 14% July 31 19 10% Jun 5 16 9 24% Mar 23 9'A July 28 13% Feb 25 12% Mar 27 16 Wash Wat 32% Jan B 23% Jun 12 28 84 7 76% Jun 17 84% Feb 16 9 19% July 15 29 ->/4 Jan West Indies 30 21% July 30 28% Jan West Kentucky 21% May 29% Jan 2 May 41% Jan 28 % Dec Oil Wesson 28% Feb $4 3 9 37% Feb West Penn 98% Jun 17 107% Jan West Penn Power 88% Jun 18 102 98 Jan 9 12 Sep 17 *72 Jun 6 106% Jan 8 9% Oct 15 46% Apr 18 102 ' Feb 16% Jan 32 Jun 89% Jun 7 15 13% May 15 29 99% Jan 16% Jan 15 69 109% July II 105 Aug 15% Jan 15 9 1 84 Jan 7 Jun 17 29 *28'A 29 33 33 30% 30% 26% 263/8 5,600 15'A 15'A 15'A 900 22 22 21% 21% 22'% 22'% 9% 10% 10% 23% 8 109 Jan B 12% Jan 6 Western 24'% 24'% 79'A 79'A 793% 79% 19% 19% 20'% 21 20% 22 5,000 22 22'A 22 22'A 21% 21% 21% 213A 21% 21% 3.000 No par 34% 34% 101% 101% *92% 96 *92'% 96 *91% 93 *92 93 5 15'% 15'% *14% 15'A 73 73 72% 73 preferred 105 105 *103% 10 X9% 10 100 32 Oct 80 Oct 10 22 May 4 Jan 14 127 Mar 4 7 16% Jun 126 30 41% Jan 30 3 5'A Apr 83 6 89% Jan 22 28 % Oct 17 34% Jan 7 25% Jun 2 25 23 29% Jan 2 25 Jun 10 10% Aug 4 14% Jan 28 29% Jan 9 32 17% Jan 2 27% Aug 29 13% Dec 17 40% Mar 17 Oct 8% Mar 4 Apr 21 Feb 8 10 86 % Mar 24 30 July 28 28% July 31 Jan 28% Mar 8 32% Apr 13 Willys-Overland 11% Mar 26 Wilson 12% Jan 22 9'A July 14 68% Nov 14 75% Feb 13 67% July 27 74% Mar 10 12% Aug 18 15% Apr 2 14% Jan IB 10 9 13% Jan 25% Dec 17 24 % Jan 6 30% May 22 24% Jun 17 May 7 15 28% Nov 25 138 NOV 26 126 July / Apr 24 IB 29% Mar 11 135 Jan 2 & $4.25 Co Winn 2,400 400 56 56 X54% 55% 55% 55 3% 55% 57'A 2,500 *94'% 95% *94'% 95% *93 95% 10 43'% 26 44 42% 43% 43'% 43% 43% 44% 10 26% 26 26'% 26 26 % 25 3A 26 25% 16'A 6,300 12'% 43% 44% 94'A 43% 43% 43% 44'A 43% 44% 44% 443A 13,700 94% 94'% 95 95 *95 95'A 95'A 95'A 1,000 *18'% 18% *18% 18% 18% 19 51 Oct 16 64 Jan 25 6% Woodward Iron Jun 15 53 Jan 2 43% Jun 10 48 Jan 30 42% Apr 17 26% Feb 20 45% Dec 9 32% Nov 19 29% July 14 35% Mar 17 76% Jan 8 83% Feb B 78 86 97% Feb 20 Nov 19 111 75% Jan 14 13% Feb 1 71% May 12 8% July 13 70% Dec 22 9% Oct 23 118 8 Jan 3 Mar 19 130% MarlO 75 Mar series B 12.50 100 3 11% Mar 17 (The S S)— Woolworth 8 40% Jab 8 34% Jun 19 39 ye Apr 1 Yale 8 21% Oct 3 18 Feb 18 1 47 Jun 9 9 27% Oct 16 39% Oct 23 15 Oct IB 68 Jan 2 4% Npv 17 & Towne 83% 26% 26% 26% *26% 263/4 600 25% 26 263/a 26 3A 26% 263/4 3,400 310 8'% 8% 8% 9'A 29% *28% 29% 28% 283/4 200 25% 25% 26% 26% 26% 4,900 16 16 16 16 16 16 16 16 16'A 16'A 14,800 9'A 67'% 67% 10 1 10 1 8 9'% 9'A 9'% 67% 67% *10 10'A *10 *29 26% 29'A 29 *128 27'A 130 10'A 27'A *128 27% 133 Corp—10 17'% 17% 17'A 17'A 44% 45 44% 44% 44% 45 44'% ,44% 30'% 30% 30% 30% 100 *78% 79% 78% 78% 100 *111 % No par 72% 8% 72% 35 35% Co 10 common—No par 8 Mfg Co — 28 Youngstown Steel Door 88% Hov 28 8% Jan 29 63% Jun 10 84 JM 6 Zenith Radio "Cye Apr 13 No par Corp——.No par Corp 1 115 111% 87% 9% 67% *68 70 10'A *10 10'A 10 Ve lO'A 29'% 29 29 29 29 1,300 27 4,300 x27 128 17'A *44 27'% 128 9,500 26% *128 300 300 90 131 17% 4,500 44% *44% 44 3% 44% 443A 800 44% 44% 44'A 44% 44% 30% 31 31 31% 31'/a 31% 79% 78 78 78% 78% 114 114 *78 8% *8% 9'% 35% 35% 35% 115 19% 193A 19% 19% 19% 19% 50 50 49% 497/a 50 50% 26 26% 39% 40% 12% *25% *73'A 9 *35% 19% *50 *114 443A 1 9,600 2,400 170 40 115 74 *73'A 74'A 600 9 9% 9% 500 35% *35% 353A 20% 20% 20% 51 50 50 1,000 4,700 1 1,200 26% 26% 27 27 39% 39% 40 40 40% 40% 403/4 12% 12% 12% 12% 12% 12% 12% 13 2,200 68 : 26'A 39 12% 66 4% 10 70 17% 73% 26 27'A 130 9% *68 17 3% 73% *25 % 27 *128 9% 17'A 73 *35 9% 17'A *113'A *8% 7,900 93/a 9% 113 73 9 67% *10 29 29 10 Service 8 83% 26% 26 24% 16% Jan dividend! *y Fx* righta^' D° ***** on 83% 26% *28'% 12% July 20 Zonite Products 4,900 8% 17% Jun 24 8 *83 300 38 'A 24% 8 4% Jan 83 % 38 29'% 13 July 27 *83 38 24% 47% Jan 26 37% Jun 83'% 38 *124% *28% 34% Jan 7 2 25% 38 15,200 45% 9'A 16 Jan 50% Jan *26'A 26'% 37 'A 44 25% Corp common 1 4%% convertible preferred 50 Young (L A) Spring & Wlre_No par Youngstown Sheet & Tube No par 34 83 26% 36% *124'% 953A 29% York 51% Dec 23% Apr 53% Mar 1 2 83% 18% *93 8% No par Wyandotte Worsted Co— 13% Jan 36% *18'A *124% 953% 29'% 24% No par common Wrigley (Wm) Jr (Del) 39% Jan 37% 26 common—1 Co Corp *124'% *93 503% 1 100 (F W) 18'A 50% 20 common Prior preferred 4%% series Prior pfd 4'%% conv series *32% Jun 20 18'A *124'% 36'% ' 83 26'% 1 Motors Public Worthington 94 100 preferred 42 July com Lovett Grocery Co Wisconsin Elec Power Co com Wisconsin 50% 40 56% & 4 1.900 4,200 Co 18% May 10% 27'A preferred 16% Jun 10 10 54% 5 Inc 10'% 1 51 Co Wilson-Jones 105 100 Machine 16% July 31 Oil 105 26% preference 17 22 21 % Prior 11% Feb 8% Oct 128% Jan White Sewing 105% 54% Wheeling Steel Corp com No par $5 conv prior preference—No par Wilcox 1,700 27 Elec Inst Corp Wheeling & Lake Erie Ry 30 Vn May 27 10'% 10 79 54 White Motor Co— 12% Jan ' *103% 105% 50 78 26 3A Weston 29 73 3A No par com Westinghouse Electric 21 % Jan 73% 4,100 53% Union Telegraph Westinghouse Air Brake Mfg 73 40 15% 50% Western White Dental 15% 54 100 Preferred series A 4 15'A 26% 10 preferred RR 8 *15i/a 15'A 26'A 97% Mar 31 • 95 r 50% May 14 Mar 20 *93 *52% 7 127 220 95 *93 53'% Oct Mar 20 10 5,100 96 25 7% 67% Mar 16 127 *1031% 35'A 1013/4 *94% 50 10 2nd preferred '• 35'/a 101% 95% 53'% 51% Jun 3.80% 93 35'% 102'A 95% 25% 12 12 . 49% 64% Dec 99% Jan 96 54 20 1 105'% 930 50 46% Feb 91'/a Jun *94 - 1,800 26% Maryland Ry common—100 3 72 103 93 243/8 79% 35 102 . 24'A *79 9% 50 26'% *53V2 56% —1 — Auto Supply Co Nov 34 7% 243% 102 35 *15 4% 101 34% 34% 101 100 pfd Western 2 1,600 20 Western 95 % Jan 1,100 11'A 79'A 63% Mar 25 Mar 18 9% ' 24'% 57% Mar 11 50 400 22% 97/a 19% 32% Mar 25 45% July 31 *24'A *22 *11 24'% 2 29 % May 18 11 78% Jan 10 10 11 79 49 July 14 23% Jun 9 18 22% *9% 20'% 45 16 *10% *22 24 19 41 % Jun 10 % 79 15 38% Feb 9% 10% 9% 4 Air Lines Inc 25 % Jun 9% 11 9'A 20% West Va Pulp & Paper corn—No par 11 9% 1 No par preferred series C West Virginia Coal & Coke Jan 31 700 26% 15'% 23 48% Dec 30% 26% Dec 45% Feb 30% 26% com-_2.50 Co 82 27% Nov 21 30% 15 % 56% Dec 16 *303% 26% 47 Oct 2,200 30 % *15'% 26% Dec 37 34% 15% 30 24% May 14 35% Feb 20 341/4 26% 5 Co July 24 90 34'% 15% 21 98 33% 26'A 22 4 200 33% 15'% Oct Mar 29'A 26% 34% Oct 89 3,300 *28% -5 4.10% Pacific ' 4,200 17% 29'A 15 100 Western *30 14% *28% . 26% series B noncum 101 14% 14 14% 3,500 5 19 9% July 28 *100'A 17'% 101 4Va% 101 14% 20 4%% preferred *100'A 17 100 4.20% 1,800 14'A 30 Co Electric B 18 2,700 23% 17 32% Coal 37% Dec 6% 23% 200 1,300 50 14'A 33'% preferred 110% Sep 103% Apr 2 6% *16% 29'% Sugar Corp 2 96 Vn Jan 49% 6% 23 3A 17 Co—No par (The) No par 106 % Mar 18 49% 14'A 33'% Snowdrift & 49'% *16% i__l convertible 26% 14% 28% Investment 30 Oct 14 *25% 16% *29 Wayne Pump Co Oct 101 *100'A 101 200 62'A *13 14% No par _3 Corp Pow Co 28 *99% 62'A 133% 26 16'% Gas Light 80% Feb 26 Pipe & Knitting Mills Wayne 101 23% 23% 62'A 25% 5 Waukesha Motor Co Webster *99% *23'A 23% *13 1 Inc 13 9 Inc 23% 100 Pictures Bros 6% 1 preferred 5% % Warner Warner-Hudnut Jun No par Co Ward Baking Co common 17% July 17 33% Mar 19 Dec 11% Jan *13 13% 25% 18% Jan 3 *61% 13% 13'A 25% 1 9% May 61% 61% 62'A 13% 25% 105 12 Oct , *61% 10 9 Jan 28 100 No par 25 15 May preferred Walgreen Co Walker (Hiram) 2 98 16 4%% RR Wabash Waldorf System 50 6% July 15 29 S 13% Mar 10 29% Jan Jan 67% 69 69%, 69%. .69% 72% 4,900 43/4 70% 43/4 71 43A 4% t 43A *In receivership, or petition haa been filed lor company's reorganisation, 4% a Deferred delivery. 4% rOash 4% wd When 43/4 distributed, 800 10,900 3,500 x *x- I Volume 178 Number 5243... The Commercial and Financial Chronicle (405) Bond Record New York Stock «» FRIDAY WEEKLY ■ Tk» itmUe letters in the column headed "Interest Figmres decimal feint Indicate in represent ens GOVERNMENT BONDS Year 1962 Range Since Jan. I Hlgest Lowest NEW Hlgest 99.24 May 12 99.24 YORK the ease ltd more or month of Monday STOCK a when the May 12 Lew Treasury 3%s Treasury 2%s Treasury 2%s 1978-1983 High bonds mature. point. Tuesday July 38 July 27 EXCHANGE Exchange YEARLY each LOW AND Range for Previous Lowest after Period" ■ Lew HIGH SALE PRICKS Wednesday Thursday July 29 . Low High Friday July 30 Low High Bales for the Week JuJy 31 Low High High Bends (S) *100.5 100 8 100.8 *100.4 100.7 *100.5 100.8 *100.5 100.8 "101.22 101.28 *101.22 101.28 *101.22 101.28 *101.22 101.28 *101.22 101.28 "102.24 103 *102.24 103 *102.24 103 *102.24 103 *102.24 103 *103.24 104 *103.24 104 *103.24 104 *103.24 104 1960-1965 *103.24 104 "104.20 104.28 *104.16 104.24 *104.16 104.24 104.24 1956-1958 *104.16 "99.10 99.16 ) *99.10 99.16 *99.6 99.12 *99.6 99.12 1955-1960 , 1956-1959 1958-1963 Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2Vis Treasury 2%s Dec 15" 1958"' *100.5 f 104.16 104.24 " *99.4 99.10 *99.2 99.8 *99.2 99.8 *98.30 99.4 cqq 99.6 1962-1967 *98.30 99.4 "94.28 95.2 *94.28 95.2 *94.24 95 *94.30 95.4 1963-1968 *94.28 95.2 "94.4 94.10 94.10 *94 94.8 *94.4 94.10 1964-1969 "93.30 94.4 *93.30 94.4 *93.26 94.2 *93.30 94.4 Dec 1964-1969 *93.30 94.4 "93.18 93.24 *93.16 93.22 *93.12 93.20 *93.20 93.26 *93.18 93.24 93.16 *93.14 : "*94.4 ' "*94.2 94.8 96.14 Oct 14 96.14 Oct 14 96.9 14 96.19 Jan 9 96.20 Mar 18 96.25 Deo 9 Treasury 2Vis 1965-1970 *93.14 93 20 *93.12 93.18 *93.8 93.20 Treasury 2Vis *93.14 93.20 1966-1971 *93.6 93.12 *93.4 93.10 *92.26 *93.2 93.8 *93 Treasury 2Vis Treasury 2Vis Treasury 2%s June 1967-1972 93.6 *93.2 93.8 *92.30 93.4 *92.20 92.28 *92.22 92.28 *92.20 92.26 Sept 1967-1972 *92.20 92.26 *92.18 92.24 *92.14 92.22 *92.20 92.26 Dec 1967-1972 *92.1.8 92.24 *93.2 93.8 *92,30 93.4 *92.20 92.28 *92.22 92.28 Treasury 2%s *92.20 92.26 1957-1959 *98.10 98.16 *98.10 98.16 *98.8 98.14 *98.8 98.14 *98.6 98.12 *98.14 98.20 *98.14 98.20 *98.10 98.16 *98.12 98.18 *98.10 98.16 Oct 96.21 Dec 9 96.21 Dec 9 96.27 NOT 10 95.8 Dec 24 100.4 Nov 18 94.8 Mar 25 96.22 Dec 10 96.20 No? 19 100.4 NOT June Treasury 2Vis 18 06.22 Dec Mar 25 9 96.16 Dee Treasury 2Vis 94.8 18 Treasury 2%s 102.18 Jan 29 102.18 Jan 29 97.19 Oct~27 69.18 Oct~l5 100.3 Jan 27 Z Mar" 11 Z 97.19 Oct 100.3 18 JaiTIi 100.3 Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2s Treasury 2s Treasury 2s Treasury 2s _ _ _ Z Z Z Z ZZZ Z June 15 Z 1958 -93.2 • 1952-1953 *99.22 99.26 *99.22 1954-1956 *100.18 100.24 *100.18 100.24, 1956-1959 *97.4 *97.4 97.10 *97 97.6 June 1959rl962 *95.4 95.10 *95.4 95.10 *95 95.6 Dec 1959-1962 *95.4 95.10 *95 95.6 *95.2 95.8 *95 95.6 *99.24 99.26 *99.24 99.26 *99.24 99.26 *99.24 99.26 *99.14 99.16 *99.14 99.16 *99.14 99.16 *99.15 99.17 97.10 *95.4 95.10 —June 1953-1954 *99.24 99.26 Dec 1953-1954 *99.14 99.16 Dec 1953-1953 *99 99.8 i_Sept 15 1953 *100 . 100.2 99.26 *99 *99.22 99.26 *99.24 99.28 *99.22 99.26 *100.18 100.24 *100.18 100.24 *100.18 100.24 99.8 *99.2 100.3 *100.1 *100.1 *97 97.6 *95.2 99.10 100.3 *96.30 95.8 *99.2 *95 99.10 *100.1 97.4 95.6 *99.2 100.3 *100.2 99.10 100.4 International Bank for i 93.4 Reconstruction Oct 20 96.28 Aug 1 90.16 Jun 17 94.16 Jan 2 92.12 Oct 25-year 96.4 Apr 1 91.25 Apr 16 94 July 2o 95 25-year 97.24 Peb 27 92 15 95.8 Jan 30-year Development July 15 1972 94 94 *93 94 94 94 *93 94 *93 Mar 11976 *93 94 *93 94 *93 94 *93 94 *93 *92.16 93.16 *92.16 93.16 93.20 93.20 *92.16 93.16 3s 10 & 3s 22 Dec 98.10 Not 7 100.15 Dec 17 98.10 Not 101 Jun 7 1 Dee 95 97.16 May 12 July 7 97 Mar 25 100 2 Feb 19 23-year 3%« 3%8 19-year 3%s Berlal Oct 1 1981 _ May 15 1975 _ 28 — — .due Feb 15 .due 2s — 96.16 *95.16 96.16 *95.16 96.16 *95.16 96.18 *95.16 96.16 *95.16 98.8 *97.8 98.8 *97.8 98.8 *97.8 98.8 *97.8 6,000 98.8 1950 as — — 2,000 93.20 *97.8 Oct 15 1971 _ bonds of 94 94 93.20 .due Feb 15 Feb 15 1954 *99.16 100.16 *99.16 100.16 1955 *98.16 100 *98.16 100 *99.16 100.16 *98.16 100 *99.16 100.16 *98.16 100 *99.16 100.16 *98.16 100 1956 *97 98.16 *97 98.16 *97 98.16 *97 98.16 *97 98.16 15 1957 *96 97.16 *96 97.16 *96 97.16 *96 97.16 *96 97.16 Feb 15 1958 *95 97 *95 97 *95 97 *95 97 *95 97 due Feb 15 1959 *94 96 *94 96 *94 96 *94 96 *94 96 2s .due Feb 15 1960 *93 95 *93 95 *93 95 *93 95 *93 95 2s .due Feb 15 1961 *91.16 93.16 *91.16 93.16 *91.16 93.16 *91.16 93.16 *91.16 93.16 2s .due Feb 15 1962 *90.8 92.8 *90.8 92.8 *90.8 92.8 *90.8 92.8 *90.8 92.8 2s 28 _ •Bid and asked price. No sales transacted this day. a . Odd due 2s — due Feb lot transactions. eCash sale, Registered r RANGE Friday Interest Last New Yerk Stock Exchange Period Sale Price New Transit Unification 1% Yerk City bond transactions. WEEK ENDED or Range Friday's 31 Bid & Asked Low # Range Since Sold No. Nigh BONDS Jan. I Low New York Stock 1 Braxll High (continued) Interest Last Period Sale Price Exchange Low — 98; 98 % 17 98.11 95 No. June-Dec *75 June-Dec *75 Range Slnee Sold Jan. 1 No. Low 76 % No. June-Dec *74 78 15 3%s series No. series No. 19 No. 20 June-Dec No. 21 18__. High 3%s series series No. 23- 24 June-Dec No. 22 June-Dec 3%s series No. 25 3%a series No. 26 No. 27 120 Stock *77 No. 28 June-Dec No. 29 June-Dee No. 30 June-Dec Brisbane (City) sinking fund 5s 1957 Mar-Sept Sinking fund gold 5s 1958 ^ Feb-Aug (Dept of) 30-yr 3s s f t bonds 1978_Jan-July Canada (Dominion of) 3y4s 1961 Jan-July 38-year 2%a 1974 Mar-Sepf 25-year 2%a 1975 Mar-Sepf Oavca Val (Dept of) 30-yr 3s a f $ bds 1978—Jan-July fAOhile (Republic) external s f 7a 1942 May-Nou 1-1693 Foreign Government and Municipal (Colombia)— *90 % 02% — 100 I A7s 65% sec sink fd 7s 2nd ser —— AExternal sec sink fd 7s 3rd ser 87 76 — 77% 75% ~ 78 75% - — 102% 103 42% —- —— 103% 103% 1 —— —— 77% A6s assented 68 AExternal Feb 1961 Sept 1961 101 % 34 99% 92 92% 32 91% 91% „ 42% 42% ' - 40% 44 103% 95% 91% 2 *57 Ve —— 95% 40% 44% 55% 58% *57% 34 — *34 35% 1 __ ry — — *57% 36% 55% —— 59% 33% 37% 55 % 59% 34% 36% 65% 59% *34 33% 36% *57% 58% 58% — 34 % 34% - Mar-Sepf April-Ocf *34 1 *57% April-Ocf sinking fund 6s 1902 102% 103 101 —Feb-Aug sinking fund 6s Feb 1961 100% 100% 3 44% __Feb-Aug 67 44% 103 *42 *34 ARy external sinking fund 6s Jan 1961— Jan-July a6s assented Jan 1961 Jan-July AExternal sinking fund 6s Sept 1961 Mar-Sepf 40% 10 103 6 *91%, —— 35% AExternal assented 102% 102% April-Od 1960 68 65% 42% 77% 78 ' *57% 65 Jan-July 78 75% — — 81% 78 -- April-Oct 68 A6s 1957_Aprll-Ocf s — — *77% 76% ' — — ' 81 0 — May-Noo 65 1957_April-Oct 1957-Aprll-Oct 20-year 3s 1942 sinking fund 6s I960 A6s assented 69 Va sinking fund 7s 1st assented AExternal 65 70 % AExternal f $ bonds 1978 92 95 % 65 Jan-July AExternal ser 02% 90% — *99',2 100 (AExternal sinking fund 7s ser B 1945_Jan-July lAExternal sinking fund 7s ser O 1946—Jan-July (AExternal sinking fund 7s ser D 1945 82 ' ■ *84 ——. - *90 % ' „ OrMUm sinking fond ds 1947 Peb-A up sinking fund 6s 1948 April-Oct (Kingdom of Norway) 4s 1968 Mar-Sep f AAntioqula (Dept) collateral 7s A 1945—Jan-July 88 78 78 — — 81 T eletypw NY AGuaranteed 77 74 — ■ *75 June-Dec 3%a aeries Broadway, New York IA Guaranteed 85% —— *75% June-Dec I%a series Exchange Akershus 76% 76 83% __ 0 June-Dec — 3%s aeries York 80% 75 73% ■ 3%s aeries Members New 79 74% — *87% —— 78 79 7.9% 78 76% —— 77 *90 —. June-Dec No. 75% *75 <> June-Dec —_ 3%a WERTHEIM & Co. *74 June-Dec 3%s series Foreign Securities ' —— June-Dec series 3%s series Bank Bonds „ 76% No. 3%a series 101 y. series series 3%s Mortgage High 3%s 3%s Agricultural Range Friday's J%a June-Dee REctor 2-2300 or Bid & Asked ' 1980 T elephonm Week's Friday Bonds Issue— Corporate Stock JULY Week's B O N D 8 ... FOR . 34% 36% 55% 59% 33% 37% 65% 59% ' Antwerp (City) external 5s 1958 Australia (Commonwealth) 5s 1955 June-Dec 102 Ve Jan-July 10-year 3%s 1956 10-year 3%s 1957 June-Dec 20-year 20-year 3%s 1967 June-Dec 3'/as 1966 15-year 3%s 1962 102 Belgium sinking fund 7s 99 % 35 95% 99% 98 19 94% 98% 94% 39 83% 94 94% 80 94% 93% June-Dec sinking 71 88 2 102 106 1 109% A0s Extl 113 103 111% 111% 95 % 88 % assented sink fund (U 8 of) external 8s 1941 Stamped pursuant to Plan A reduced AExternal to s ASlnking A0%s Stamped pursuant reduced AExternal to to (Central Stamped 1978 to of to Plan 3.375% ) *59% April-Ocf A 59% 3.5%) 57% *89 59 fund 6%s 57% 55 28 57% June-Dec 91 91 60% 6Q% June-Dec to 3.375%) dollar bonds of 1979 1944 57% 56% 78% No. 1 3%s series No. 2__ _June-Dec *76 % 3%s series No. 3_. .June-Dec *— 3%a series No. 4__ .June-Dec No.* 5„ .June-Dec No. 8„ 3%a series No., 9— I June-Dec 7__ No.. series 3% a. series 3%^ seriefrlNo;110-'...--. *75 . June-Dec *57% June-Dec 89 55% 59Va June-Dec *34 34% 36% 34% 34% 16 53 58% *34 34% 37 % May-Nov *57% 55% 59% *34 33% 36% *57% 1961—April-Ocl April-Oct 1962 FOREIGN .. . 1 SECURITIES FIRM TRADING MARKETS 61% 56% : 5 ' % 751 81% 78 % »' '73 74% ■ . f*ARL MARKS & HO. INCq 79 % 74 % 80 *83 , 75% 74% — 75% *74 83% 78% June-Dec June-Dec — .« - --—•79 7. 79--* FOREIGN SECURITIES l 80 - 83 74 • s- June-Dec *87% - - - SPEClj&I^y-v iZ. 82=— - J79%. . 92 85 • B O* " v »."■*,r'«. „ : 50 Broad St^ New.York-A,-N 83% ■ - *78-%- 3%a series No. 12 June-Dec s 3%s series No. 13 June-Dec '85% 3%s series No. 14 June-Dec *74 W— -'78-- 78 % 80 73 79 77 75 % 83% 74 80 37% May-Nov 0s For Financial Institutions 63% 58% 34% *57%'; 91 53 36% 36% June-Dec fund 1961 61% 2 33% June-Dec ' — 3 % a_aeri es^N 0. - -11^=.=^ 50 90 55 78% series 3%a 33% 32 % 57% __ T~ — 33% (Plan B)— 3%s scries 33% 60% 20 57% > Aprll-Ocf - 89% funding bonds of 1931 due 1951 pursuant to Plan A (interest reduced 1957—— June-Dec 1961 Stamped Rxternal 1993 1961 sinking assented *34 May-Nov bonds 2%s-3s assented (Interest 1978 ; *57% May-Nov 1963 $ assented A68 63% 86 57% 89% April-Ocf 1952 to Plan A A0s 93 86 1957 Aprll-Ocf (Interest 1979 Ry) to A due 1963 6s AGuaranteed sinking fund 6s 1962 Aprll-Ocf (interest 1979 1927 pursuant reduced 91 June-Dec Plan 3.375%) 6y2s pursuant reduced B% f s Stamped A7s 3.5%) June-Dec (Interest 6y2S of 1926 due 1957 f fund AChlle Mortgage Bank 6%s A6%s assented 1957. 95% AGuaranteed lABrazll 1962 95% 103 Jon-July 1955 AExternal 99% 94 % 1955 102% 93 % 93"% Feb-Aug 6s 100% 249 102 y4 A8s assented 105 97% 93% June-Dec (Kingdom of) External 99% Feb-Aug 101 "Telephone HAiiover 2-0050 —- - = ! TeTefype NYT-OTf The Commercial and 26 Financial Chronicle Monday, August 3, 1953 ... (406) NEW YORK BOND RECORD HANOI Friday Period Exchange Consol Municipal a7s assented A Chinese i960 Mar-Sept *34 of of 1928 Oct 1927 1901 (State) extended reduced (interest to Salvador 4s extl (Republic dollar of) s f s dollar s A Estonia Great 1st of) A6Vis 1944 & lsL 23 90 % 88 V4 100 10 37 V« 34 111% 2 41 ',4 44 Stamped part AOs part External 3'V Italian 2% to Jan 3% 2% 1 due 5% due 6 Vis A AMedellin Mexican 138% 154 % 96% 5 93 14% 15 7 10 14 14 13 96% 15 4 97 8% 93% ._ 44 42 49% 48% Mtge $ 1 Rm-July 1904 to Feb-Aug 6%s bonds __May-Nov 1957—Avril-Oct 7s 1954 4 2!'4 6%.s of A 99% due 1962 external 7s 1899 Electric A5Vis Power (40-yr) due 17% 5%s of 53 7 (City 86 86 14 5 8% 10 2 6% 11 99 11 94% 99 •' - ' '• 16 A 7s 52 7s loan extended 1901 March coupon extended Electric 1st due mtge 12 Mar-Sept 1955 to *90% __ 55% 54 119 128 78 154 99% 95 — .... 69% 148% 28 75 *151% Mar-Sept 1945 f s extended 1945 72% 49 Ltd— Co 64 V'a 117% 49 — 125%, 73 % 74% June-Dec 11 62 124 June-Dec 1963 to Power 66 60 106% 50. •-4./ __ 3 117 *49% . on 64% 71% 70 April-Oct —Mar-Sept 1971 to 1952 1 >115% April-Oct 1961 '27 of Electric Light Co Ltd— 1st mtge 8 ser 1953 1953 64 7;; lll'/a 103 *109% -- of) — extl due A6s a 101 43 80 78 92 54 % 3%-4-4%s (dollar External 73 7 72 % 73 % 9% 1 42 V. 87 % 9% 881 May-Nov 88 t '/a 23 88''a 83% 89 87% 83 88 89 % 2 82 90 96% 97% 7 91 97'% 64% 73 external 3%s 121 A Warsaw 1979— readjustment Valle Del Cauca 63 — 1979 1 89% 17 41 '/a 1 *84% 77 67 42 14 • May-Nov 10% — 1937) of 1 Tf CO 148 — — 37/8-4%-4 (Ij-s external conversion 1978—-June-Dec 4-4%-4Vis external readjustments 1978—Feb-Aug 142 conversion 64 VH 10 a 15% *13% 107 1 115 115 77% 107 83 14 82% 83 % 1 134 134 bond readjustment External 129 1946___ Feb-Aitp —May-Nov May-Nov (Republic) external 8s AExternal sinking fund 6s 1960 AExternal sinking fund 6s 1964 91% 2 Caucn See (City Valley Yokohama oft loan of 9 V'a -—Feb-Aug 14 1 9% 8 5% 10% — 1961 '26 extended 1961 1 14 14 Feb-Aug to June-Dec 1971 72% __ 124 Va 111 123% *120 June-Dec — ■ due 0s — (Dept of) 1 (City extl A6s *65% —Jan-July 1984 external 7s 1958 A4 %s assented 1958. L__: 44 HIAL 1% 1% 9% 1945_ _Qunr-.7«u (1922 agreem't) 9 V 'a — — — assented Alabama Allied HZ" Power first Chemical Allis-Chahners agrcc'l,] (1942 13 72% 66% *16% ___z___::_::_::_: 1922 agree']) to 16% (assented to 76 16 % 1st gld 1 "I 9 9 1 CO ~9% , # agree'f) l963_Jan'-July (assented"To 1913 —Feb-Aug 1964 15 V'4 15% 2 1478 agree'T) American Telephone & debentures 15% 30 14',4 debentures 2%S debentures Telegraph 1975 Feb-Anp —April-Oct , — debentures 23/4S debentures Jan-July June-Dec 1961 ..April-Oct 1982______ debentures 1987 3%s 1963_jan-.7aZy Zi "4 *18V4 18'%. __ debentures 1973 -- — (City oil Otis 1952~___ZZZZT_ZZ_ZZZ— April-Oct Geraes (Slate)— __ 88% ...June-Dec — ..June-Dec ASecured to ex'l Stamped sinking pursuant reduced Netherlands 2.125',; ) to 2008 3s Plan 2.125'/, ) (Kingdom A 52 1957 31 V'4 31V 31 % 1 4 100 %05% 102 Mar-Sept *101 — ' - 99 V'a 100:*4 101 % . 3 101% 99% __ -100 VH Municipal Bank extl sink fund 5s l970__JMiie-Dec 35 102 101 '/a 99 % -101 sinking fund 4%s 1965_______Ap?i/-Oct sinking fund external loan 1963—Feb-Aug 3Vis sinking fund external 1957 ApriZ-Oct 4s 100 % ' *95% 97 95 % % -- 98 100% 101 Va 1151% — 125 loan (30-yr) 6s due 1953 extended A5lis extl loan 1953 to Mar-Sept 1963 (30-yr) 5Vis due 1958 extended to 1908 May-Nou (City) sinking fund 4Vis 1955 April-Oct lAPernnmbuco (State of) 7s 1947 Mar-Sept Stamped pursuant to Plan A (interest Oslo reduced to (Republic ANat loan extl ANat loan extl IA Poland A4 Vis 2.125%) 2008 of) external 7s s s f f 1st 6s 6s (Republic of) assented 2nd series 73 V2 23 69 7 105 73% 68% 68 % *100 — ■ ; assented 53 V4 53% (interest 1966 reduced to April-Oct - to 2.25%) *9 % reduced Rio Grande do to 2% ) Sul external to 2 10% reduced to 1 1999___ 2%) A7s external loan of 13% 14 reduced to 2.25% ♦ 34% 1 57% 30 30 30 38 Ohio 51 29 ' -- 671% 34%' 63. 44% 6 441/4 48% 53% 53 7 a 1 53 54% June-Dec 35 % 36'_. 57%. V 5 6 A June-Dec — — — 94 Vh 80 Va 88% 108% 116% 89% 89% 89% 8 84% 90 % 90 9!. 92 10 84 Va 93% ♦ 72 97% 104 Va 93 % 15 89 90 % 99 % % 93 100 V 95 115'A 115% 61 114% 123 117% 117% 129 116 125 96 101% 99:1. 55 97 % 97 :V. 30 95 100% 97% '97% 5 95 % 101% 91% 91% *98% 99% 99% -- 79% __ s 1 90% 10 79% 5 97% 98 80 " 80 87 __ 95 101 % 83 Va 92 " 99% 99 1-1 l'/i ill V'a 111% 101% 21 106 120% 12 . 104%. 105% -- *100 105 Jan-July 101 100 112% -102 103% 108% 23 103% 93% 5 98% 102 Va 99% 104 V* 93% 96% __ .... *94% -- 99% 1 . 105%. aa% —_M«r-Sept Jan-July 1966 35% 33 56V4 57 % 34i% 38% 37 37 A July 1975 95 91% . 97% 24 92% 97' . . 86% 40 92 22 73 Va 96% 102 5% (2% contingent interest! — and 3% G due and Ref fixed M Dec 4 V2s due 2000 1 . 1 1996 due Dec convertible S'western 1 1995 5 74 85 76 V'4 40 73% 85 June-Dec 86 Va 36 36% 16 84 95 May 63% 67 % 63% 123 91 91 % 82% 73% 91 Va 92% 2010 1 series A 1980 first-mortgage 5% div Telephone May-Noy ser Steel D 5s Loan 1985__Jan-J?f/y ...... Consol mortgage 2%s mortgage 3s series K Co 75% 10 86 96%. — 33% 10 80 88 Va. 79 25 75% 86% 7 86% 93Va 111 Va 107 Va 103 13 107 92 !;2 12 92 95% 93% 107% 93% 2 88 96 93 Corp— Consol Maine 83 Jan-July series C 1960 April-Oct 2%s debs 1961_May-Nov mortgage 2%s series I 1970 (The) — division— Pa of 65% A 1%% conting int) 1980_Jan-Jnly Industrial Bethlehem 2V'8S series J debs 1976 1979 1981 Jan-July May-Noy Jan-July Mar-Sept 3 93 95 V* 95 18 92 100% 94 % 94% 6 91 80% __ 91 94% 93 31 8 77 98 RR— mortgage 5s series AC 1967 mortgage 5s series II 1955 First mortgage mortgage AInc 76% 75 Virginia— Bangor & Aroostook RR— 1st mtge 4%s conv 1976—, & 76% 75 76 V. 1 income Feb First lien and ref M 4s series First 75 76 V'a 4s (3%2% fixed & Boston 76% general mortgage O'/J (2%% and 3% % contingent interest 1— Pittsburgh Lake Erie & West Bell 85 —June-Dec Mar-Sept _"—Mo-Sept 1995 1 March First 34% 87'% 18 June-Dec 1980 First 34% 13 101 92% Series Borden — 86 97'% Consol if 91% 85 % 109% 109% RR— Series K due March - 38 48 11 -- 91 109% April-Oct Series 58% 44% May-Nov (interest 1967 stamped pursuant to Plan (Interest reduced to 2.25%) 2004 33 33Va — 92% mortgage 5%- series B (4% fixed l'/, contingent interest) July 1975.April-Oct Beneficial *65 June-Dec 2004 For footnotes see page 29. & Toledo-Cincinnati 34 V'a 69 84% Refunding and general mortgage 11% June-Dec 1966—_ Stamped pursuant to Plan A and 11% 58 — 64% 26 B 11% 36V4 — A 2%s debentures 54% 37% 159 May-No?; 1964 1972 ser C First mortgage 4s series 6 V'4 38 — A First (interest 2012— 1926 due 4%s Refining Refunding * 4%s 54% April-Oct 1968 RR 54% 8 __ April-Oct Feb-Aito A mtge Atlantic 86'/a Ry— '. mortgage 4%s-4s ser Gen 100 76% 65 % Mai'-Sept 1963 8'/a A 2012 5%) Line 60 71 (interest sinking fund gold Coast 1962 April-Oct ;May-Nov Line 33 5% 12 % *9% 3%s mortgage Gen , 1995 Air 54 (State of)— Stamped pursuant to Plan First 1 Charlotte & 79% Santa Fe—' & July 4s 94% 86 100 89% April-Oct Qnar:,/a?i April-Oct 3%s debs 11 13 11 12% IA 8s external loan of 1921 1946_ April-Oct Stamped pursuant to Plan A (interest reduced Atlanta A . 104% 6 65% Junc:Dec 1977 1995. 4s fixed *9 Feb-Aug A Topeka Stamped — 1995 1966 5s Co Investment General 1960 debs 1% 2 __ ran-July 1953 Stamped pursuant to Plan Atchison 3%s 48% 2 11 *9% (City of) 8s 1946 April-Oct Stamped pursuant to Plan A (interest 2001___ 102% 100% 88% 99 V» Feb-Aug only) gold ,4s July Products W P *9 2006_____Ja??-July IA Rio de Janeiro reduced to 2.375%) A External secured 6 Vis A Inc first Series J stamped pursuant to Plan (interest reduced 97% 18 100% A 2001 67 102 Corp— (reg 4 _ jan-July Plan 2.375%) 76% 115 4s 48% 53a/8 l961__April-Ocf Alegre to 99% 80 97% 65% l962__Apri/-Oct 3s 1977 Nitrate 52 — 53% 1963 96 99 Va 102'% 88% ___April-Oc7 34 -~ *53'% —April-Oct (City of I— stamped pursuant 99 V'a 32 Jan-July A4Vis 63 " 5 t Mar-Sept 1940 Arbor Baltimore *30 IA Stabilization loan sink fund 7s 1947__April-Oct A4 Vis assented 1968 April-Oct A External sinking fund gold 8s 1950 1961 68'% I960—June-Dec 1958 6s 4 123% 111% 112% -__Mar-Sept 1959 Series gold 122 123% Mar-Sept May-Nou 1958 debentures 78% 79 117% 1969 mortgage Associates Atl Development Co Ltd— extl 101% 102 Mar-Sept Jan-July 1963 Tobacco Co debentures Anheuser-Busch Ann May-Nou (Kingdom of)l4Vis 1956 1st 36% 52 — — — Mar-Sept 3%s 34% 35 (interest 2008 of) 99 Va 93:i. 1964 debentures Anglo-Lautaro *31 External Oriental American 3%s _Mar-Sepf 1959„Mar-Sepf 6%s fund to 96 % Feb-Aug debentures convertible 3%s conv debs extl sinking fund Otis 1958—Mar-Sept Stamped pursuant to Plan A (interest Norway 3%s 19i% 75 18% 18 % 17% *18 V4 AMilan reduced 97 17 Co.— 1986.L 2%s convertible 15% 1966- 1980 27/8S Small ASecured 97% 86 debentures 3s 2%s debentures 1971 (1942 70'A 100 Jan-July assented 2 102% 86 15 % 4 ___M«y-Nov 1970. — new 97 99% 94% 72 72 72 *96 ASmail A6s 101% 104% 105 Va 10 97 Ltd— Airlines 1922 1933 102 Bosch "1 15 1 agreement) 96% June-Dec American 2%s . ASmail IA Treasury Gs of 3 Vis Canada of debentures 2%s Licit-July (1942 97 96 103 5 99 103 4s America of * 101% 100 101 99 3 Vis 1972—tan-July mortgage Corp 3%s.s f debs 1964._May-Nou American & Foreign Power deb 5s 2030—Mar-Sept 4.80s junior debentures 1987 ..Jan-June — -- ll assented 37/as agree¬ 1945 new COMPANIES Mav-Nf??; 1967 1998_____April-Oct Dye 3%s debs 1978 April-Oct Mtg 2s debentures 1956__ Mar-Scpl American *16% 1968—Jan-July 1922 Co 17% I6V4 17% 17% ... June-Dec (1942 agree'!,) 3%s -- *16% (assented Co Aluminum ZZZ 19(kLJan-7«/?) ..i 1910 A Sma A4s Southern Great Aluminum 1904 of Alabama Albany & Susquehanna RR 4%s 1975—.—April-Oct Allegheny Corp debs 5s ser A 1962 May-Noy 1945—Qua r-.Nm - 1954 ment) 7» 140 Va 80 a 10 Jan-July A5s. sterling loan of '12 1952.. 87 1908—Jan-,/??/)) Z__Z__ZZZ Large |A4s A 6s; 15% 127 % ' 15% 9% 14 99 — Jan-July 1981 to 97 — due assented due • 73 9 V'a Ltd— Co A5Vis 50 - A4s new assented (J, 81 , 13'a —Ja?t-July f 1971__ s extended 1971 Alleghany & Western new A4s 7 Vis •" 56% __ — agreem l.) Asmaii 8s ' . 14% 13 *83' June-Dec ___.—June-Dec 1957 3%s . *135% 138 June-Dec 1958 Council 13! 13 — __June-Dec 1958 19 Large A5s Porto 72 — May-Nov 1962 to external of) County 5%s 87 194:: ol) ASmail APeru i May-Nov 93 Large 5A5s A6s 66 Va 75 1 76 ' * 1962 extended 1952 (Prov Taiwan 149% 48 % 48% Jan-July ASniall • 58% 60";; 76 — 73 79/ 156 76% 87 June-Dec 1978 (1942 1908 (Republic JA5s Mlnas if. Jan-July 61 79 -- -- __ (interest —Jan-July A- Agreement) 1943—May-No?; (1922 small assented A Small A 91 1 ..May-Nov 1975___ Bank) Plan 79 84 70% *__■ Mar-Sept 8 A Uruguay iFeb-Aug 1905— extended (State s to '30 of 49% 87 38 1 48% 48% June-Dec 1954 extended 56 65 — •— to secured 6s — '24 pursuant series B A With ...Jan-July of 67 7a — .... .Jan-July Shlnyetsu Electric Power Co Ltd— A6 Vis 1st mtge s f 1952_ ASilesia 1 1951 Govt) 49 — , Tokyo Mar-Sept 7s . Irrigation— Mexico A 16 ! 57 Jan-July — 2004. external DJigawa ; loan A4 (is A 96 *99% 100 thereafter (Colombia) ANew ' _ of) IA 4 %s assented - 149% *156 *145 1952, thereafter lun-July 1, ./«?/-July loan 30-year 3s 58 Vj 10% ■ -- (interest loan'1968— secured Tokyo to Jan 1952- 1905 Jugoslavia 55 56 A 1956- to 2.25% > dollar A4%-s assented April-Oct 1977 1954 due 1900 1947 7s A5Vis extl 5 Vis 65 V: 1 66 581.; *13'/« Feb-Aug 0 lis Utility Institute— 1 1952, thereafter extl due 1900 to _ (Imperial A 6Vis 02 65 581 '■> — (Kingdom Japanese * 75 52 51 if ■ May-Noy 1999 » loan A8s 82% 88 .May-Nov /ait-Juiy A7s Jan-July Jan-July __May-No?; 1952, B to Jan Italy Serbs 82 — 46 Plan A (interest reduced to 2%) 2012 April-Oct Croats h Slovenes (Kingdom)— 42 102 101 '6 821« 82 % Feb-Aug 1977 Public A External A 91% poiisortium for Public Works §A7s series Italian 13 Feb-Aug 1954—--- 1950 external 1977 Credit 101 100 46 100 % 101 1957 Plan A to 2.5% to High 75 (interest A to Plan 2.5%) 1999 to pursuant external Low 1 • 1908— 2% 1 s due 29% 1 2 101 VH 101% Plan pursuant water reduced - ■Helsingfors Italian r 1904 paid 361 36'% 101% __~Jan-July 1967 to mtge gen paid 4 A6s /«?i-July 1976 1944_____. A extended (City) (Republic) 42 ', 42 V4 to High 86 75 May-Noy 1950 external Sydney Greek Government A7s A7s Jan. 1 No. — pursuant reduced 117 86 Range Since Sold (interest 2012 reduced external Bonds Friday's May-Nov 2001 ______! to ) stamped Stamped 39 % 38% of) 1936 A8s 100% 14 112%. 2% (interest 93 99 5 « 38% to (State Paulo 8s 4 99% 112 ..Jan-July Jan-July 1976 1 1 Power—. 6Vis due 1950 extended i 63 reduced San 99 38% 112 >4 Aj;n7-Oct 1J52— 8s 2.375% j to Stamped Feb-Aug April-Oct 197G 1 Jan 7s Elec mtge series A ser Jan bonds Consolidated A7s 7s bonds (Republic 62 93 _Aprll-Ocf f dollar bonds Jan f extl 3s (City) 1952— Stamped pursuant 99% 99 99 6Vis A6Vis e*tl secured sinking fund 99 62 — — 3%s extl Paulo 54 % 62 to 19G0___ (Kingdom ol) extl 5%s 1955 External gold 4Vis 1902 (City of) Stamped pursuant to Plan A ! 98% Jan-July Denmark El 8 — Stamped assented 6V ) ASao 49 % 26 51% Cundinamarca (Dept on— 30-year 3s sinking fund $ bonds 1978 37% 4 V'a IA Colombia Czechoslovakia ARorne 98% 3s ext sinking fund dollar bonds 1970—April-Oct Mortgage Bank 6%s 1947 April-Oct § A Sinking fund 7s of 1926 due 1940 May-Nov § A Sinking fund 7s of 1927 due 1947 Feb-Aug Copenhagen (City) 5s 1952_„_ June-Dec 25-year gold 4Vis 1953 May-Nov A Costa Rica (Republic of) 7s 1951 May-No?; Cuba (Republic of) 4%s external 1977 June-Dec 58'2 reduced 51'« or Bid & Asked High 7 <4 April-OcZ —,Ja?t-July 1961 Jan Week's Range Last Sale Price Low 36 % (Republic of)— AGs A6s Period 55 % —- *5% June-Dec 1951 5s Interest Low No. High '-57% — (Hukuang Ry) Colombia Mar-Sept I960— 7s Friday BONDS New York Stock Exchange Jan. 1 Sold Bid & Asked Sale Price Low AChilean JULY M ENDED Range Since Bonds Friday's or Last Interest BONDS New York Stock WEEK FOR Week's Range 4%s series JJ 1961 4s series RR 1960 Maf-Sept May-Noy April-Oct „—Jan-July mortgage 4%s series A July 1970. May-Noy *99% __ 99 82% 101 73% *77 77 74 % 711 a 74% 71 70 77% 59 55 V a 5J 55 55% 62% Number 5243 Volume 178 The Commercial and Financial Chronicle ... (407) NEW YORK BOND RECORD RANGE Week's Friday BONDS Interest Last New York Stock Exchange Period Sale Price General mortgage 2%s mortgage 3s 1980 1st Brown Shoe Co 3'/is 1976 Jan-July 1971 Bush Terminal Co Cons 5s income mtge gen —Jun-July BONDS 104% 83% Electric first 8s Consolidated 9 6'A 99 84% *100 94% 81% 101% 100'A 89 4 84 90 a3s Canadian National 104 Canadian 4% 4J/4S Juue-Dec 1956——— Carolina A (perpetual) I) Co Ohio 4s Mar-Sepf Mar-Sept 1965 debs 1978 debentures Feb-Aug April-Oct 1965 1976— AfCentral Branch U P 1st Central of Georgia Ry— First mortgage 4s series mortgage Feb-Aug Feb-Aug gold 4s 1948_J?me-Dec 1995 A J<m-July 2020 May 4'As series A Jan 1 AGen mortgage 4'As.series Central RR Co of N J— B Jan 1 2020 General Central mortgage New Central York 3'As 1987— Power Pacific Ry Crane 86 mortgage 3s 38 Refund.and Refund and div A Apn'Z-Oct series 19741 B deb 3s 1965 rei mtge 3s 1990__ Chicago & Eastern 111 RR— AGeneral mortgage inc conv 5s 1997 First mortgage 3:,/4s series B 1985 Chicago & Erie 1st gold 5s 1982—Z April 97% Western inc 4s A ser mtge 4'As Jan mortgage 101% 9734 5 92% 94 1 91% 933/8 96 series 4s 2ns *98'A 102 First *92 1 8 75 First 62 2%s mortgage Union First 1978 23/4s 3s City Investing Co G debs 1 s E Refunding and 100 _. & Mi,ch 3 93'4 93'2 8 93 "2 94 7 89% 10U% 100'A 101 25 99 % 89 102 7 8 99 — 103% 90 94 *93% 88 'A 88 7 1B Income 112 Va 1 Gen & ref Gen & 88 'A 96 % Gen *64 63 63 & A 85 % 66 3 78% & Iron debs debentures 4 *76 b2 '% 1)2 'A 61 ^ ■ G1 62 3 8 68% 9734 97% 91 'A 91'A trust 1977—Jan-July l990^May-Noi; 1970 Jan -July 3* ^ 73% *66 90 99% 99% *93 June-Dec 67% Mar-Sept i- 94 V 4s 99 90 92 '2 ; April-Oct 3'As Elec 1970—Mny-Sepf first external 4s 96''2 96 '/2 96'/2 1955—Feb-Aug *102>A jFeb-Aug June-Dec 94% 943-8 0 100 93% 1053/4 96% 103% Gull General First 993/4 General 1003/4 102% Gulf 94% 90% 99% 3s 90 993/b 88 2 86 7 2 82 % 913/a 85% 18 81% 92 % 1961 A 101% 102 'A 102% ...Feb-Aug 3%%) *90% April-Oct 1965 90% 95 83% 93% 88% 84% 91% 93 '/2 93>A 91 953/4 97 97% 93% 993/4 94 94 93 mtge 2%s- A l982^Mar-Sept *88% 90 mtge 2%s ser B 1911.April-Oct *87 refund First and mtge 2% s ser C l972^Ju?te-Dec refunding 3S series D 1972—•__May-Nou refund mtge 3s series E 1979_Jan-July refund 1st & ref M 3'As mtge 3s ser G ser P 1981 1981 1st & ref M-3'As seiies I *92 Feb-Aug 96 'A 1983 June-Dec 1st ref M Gas 2%s El ser Lt 1954„ & Power 100% 152 >/4 153% 1981 ser 1st f 2%s ser X 1st ref mtge s ref M |3%5 3'As conv debs ser U Y : Apn'l-Oct 104 92 h: 104 j 76'A 96 Va 109 95 Ml 93 103 105% 135 97 103'A 103 104 109% 108'A 5 -- — 71 134 1 109 V* 1 94% 82 82% *80 81 76 •£2 99 99 99 99% 19 96% 97% — 81% 943A 80 76'A 99 80 70. 25 74 'A 74 *92 99 98 10 94'A 3 100'A 89 101'A — 101'A 101'A 99 101% 9 4 Mi 102 3A 102 85'% 30 98% 100% 90 89 *101% 102% 104% 98 *100% 101% 103% Corp— 1969_—__Mar-Sep£ 103% 103% 102% 113 104% series Ohio & 97 94 9^% *— 98 95 99 Va ^..J an-July 112% 112% 108'A 116% —Jan-Juljy D. 1976-; 106 3 4 196% 22 102 112% 853'., 11 80 83'4 *80% 84 91 69% 2 100 Jan-July .. 183/4 2%s 1st 83'A 95 86 102 82. ~1 *86% 72 84 % 92 97% *96% 1976—Map-Nov 743/s 14 90% 74 % Jan-July mtge 20% 101% 91% 96% *S5% 74% 96 Va 75 12 51 2 100 *85% April series. D 1969-April-Ocf series B Jaij,- 2044——April refunding 3%s 75% 92 80 18'A 85 73'A 92 100 90 76 5 71'% 71 *73'A 89% 77% __ 85 *91 'A 18% 4 , RR— refunding 4s series B 1975 Utilities 103% *94% ' debentures F), Co first.mtge 23/4g 1965—Map-Nov April-Oct Jau-rJuly : June-Dec —..—June-Dec ..May-Nov June-Dec 1978— 1969— *95 II *94 1986 *86% first *108 Ry 94 102 M» 86% 130^4 99% 102% Illinois Bell Telephone 2,%s series'A First mortgage 3s series B 1978 105 Illinois * 96%' Central 100% April-Oct /an-Jnly *91'/4 89% 91% ConsoLmortgage 43As-3%s ser Consol 96 88 105% 105% 109% 110 46 1981_^ Jau-July ..June-Dec 90 117% Debenture 98 93 105% 105% 102% 1955— 1955. 4%s 1966 4s 5s May-Noo MayrNov Feb-Aug series A 1910 Jan-July Indianapolis Union Ry Co— Refunding and iiiip 2%s series C 1986—June-Dec Illinois 1203/4 29 I 129'A 1303/i 90 Terminal Ry 4s 953/4 121% 138 31 94% 20 105 64% 94'A 94'A 57% 57 58? 23 Vh 24* ' 33, 89 89'A 11 85% 94 % 94%. 1 92% 99% 94% 97% 98% ^ A^1979___May-Nop 5%s-33As- series B 1979_May-NotJ 33As/series C 1974——MayrNoi; mortgage 37/as series E 1982_____Feb-Aup mortgage Refunding 106* — 92% • 96 . - 23%. -31% 98%- 98% - 57 58 ■ Consol mortgage 93 30 . 161 Refunding 93 RR— 102 1023/4 89% 24 April-Oct 1957 • *__ I 7. 92% 140 *100% 102 '-90% —June-Dec 1967.;. mtge 2%s 19761 _Mar-Sept first 4%s" 1999-——Jan-Julp, Household Finance Corp •23/4S-1970_ —Jan-July Houston Lighting & Power Co— 3'As (conv after 7-1-53;) 19671 —June-Deo Hudson- Coal first sink fund'5s ser A l962_Jaue7Dec Hudson & Manhattan first 5s A 1957 Feb-Aug Water yalley , (Bait)— June-Dec 1983 footnotes see page Utilities & mortgage- 3s Consol Jan-July T 1976 1st ref M 2%s 1 74'A 80 —..Jan-July 95 . 99% 100 'A 153% 89% 94 96% 99'/2 Mar-Sept Feb-Aug convertible debenture^ 1963 Bait City— Consolidated ' -- ...Jan-July debs 1976 AAdjusted income 5s Feb Consolidated Gas Co of General mortgage 4'As 88 . -- 104'A 104'A * Map-Nov 1st & ref M -3%s ser H 1982 3s ■mm—-':' 92 * Map-Nov 1982 33/us 1958 debentures 99% refund refund and ser 100% 1 and and 43/as Corp mtge States Hocking 1 York— and First 91 % 104 Map-Nov mtge inc 5s series A July 2015. and Hackensack 104%, Cigar Corp.— First First and 93% 94% 378 99% 73 104% H 3%s series First *, 97% 98 3% *134'% 1974^-Mar-Sepf first 4%s mortgage 2%s 1979 First mortgage 2a/4s 1980 1st mortgage 3Has 1981i— 1st mortgage 3%s 1982 97% 83% First * 76 Jau-July First 84 »/2 (now 103 3 102 3A Map-Nov inc 4s Collateral trust 3%s 1J)68_ 93% 87% Debentures 1961 refunding 5s scries A Denver Ry Co— 4%s Mobile 97 'A 83»A 88 134'A 71 — 83 — mortgage 97 -April-Oct ....April-Oct - 2'As series It- 1961—Jau-July A Green Bay & West debentures ctfs A .Feb a Debenture certificates B Feb 102 »/a — 104% 12P/4 70 *90 'A mortgage 2%s series Q 2010—__Jau-July General 92 % 98 94 Mi 104% 100% 18 73 'A *94 99 'A mortgage General 101% fApril-Oct 1999 debs 3s 1972t 1977 income (B 91 13 85% 95% 134% *76'A ..June-Dec Realty conv 90 1 92% 17 — G Goneial 102 % debentures 1999 2001— 89% """" 3'/us series N 1990—Jau-*July General mortgage 3%s series O 2000 Jau-July General mortgage 2%s series P 1982—Jau-July debentures debentures 100 lOOMi 98% 1033% 103 7% April 1959 Foods First L 1977 N 1978 94% 98% *97% 97% 75 3%'s series G 2000— Jan-July mortgage 3'As 1971—Mar-Scpf Rubber & debentures 94 -963a 2015 General 98% 94 92 ,/2 93% Great Northern Co— Consolidated Edison of New - & First and ■92'2 Jan 92% 99 % 72 .Ykh-Aug A ser 69 95'% 4 98 3 7 102% 86% 0 3'As series.E T964-April-Oct 3%s seiies F 1990—.Jun-July 793/4 92 % 98 95% 14 133 Aprii-Oct April-Oct 1965 5s 90 1 100'A first 63 25 100 1 93 . first 5s 1956_May7Now 69% • __ 99'A 99 >/2 98 " Feb-Aup Ry Co— General 5s series C 1973 93 99% f Jan-July div 4%s . Goodrich 104 f Consolidated inc mortgage : General 857/a 78 6 94% General Motors Acceptance Corp— 1' Power Worth I 96 96 Tire AFirst: and 1st s River Mtge tFlorida East Coast •86% 3 __ 94% — *86 97-% May-Nov 1965 debentures General 55 __ June-Dec 3s series 2%s 96a/4 86 59 II .u. Co— 3'As debentures s Conn stamped Firestone 93% 91 100 74% 21 — 92 cons Soiithwesteril Railroad : 32 98 F Compania Salitrera—See Anglo-Lautaro Nitrate-' i <Si mtge 101% 100 1975 3s series fund Paso consol 9 2'A 74 % 1961 1977 first Y) First 89 % <* 87 V* 91'A 98 93 gold,5s 1995-Jan-July Eastern Ry 3'As 1970 Mar-Sept (N 78 102% 80 80 1 91% -- —Jane-Dec 19UT mtge 101% 4 90 84 _ 91% *88 4 %s Va & Georgia consol 93% 21 91 3 ***" First consol mortgage 2%s sinking 3%s 95'A 10 83% 86 — 85 .June-Dec 2;1^s 67 „ 91 71 *104% 105'% 1982 2%s mortgage 5s 2%s 3s Co General 17 4s 1977 C Edison mortgage mortgage First El • Ry— 1st 4s 1991—Jan-July D v B Ohio Toledo Light First 130 1975— A ser debs 78% 97% 79% 89% • 64 102% 103% * gold 4s 1995 debentures 2.35s Edison El III Corp— series & East Tenn 80% 94 % June-Dec 85 — — *80'A — 91% 1961——Map-Nov Ironton RR 2%s ser B 1976-Mar-Sept subordinate A4s ---......--June-Dec 101% *88'% .—June-Dec mortgage 13 96'% 102y« 97 Map-Nov M 1988 1958 1st 39 ■ 95 *99'% 103% 102 96'A 103 ',4 1 28 Feb-Aug Mar-Sepf. 93% 97 '/2 — April-Ocf 1 102 96 :__May-Wow 1979 14 — 102 1985 1995 Ohio Division first 92 100 85 1982—May-Sepf Mar-Sept K! 1976_ lien 93 "l 103'% 104 104 J ser I mortgage 23/»s 1980_ /> 73 101 r 94 *72 — June-Dec 3%s series 70 97% m 10 *86 Jan-July 1993 1st 74 % 5 99% 100 100 — 96% 993A 100 — April 1970 debentures gold- 4s Erie 68 % — 96 100 Jan-July 1st 59 — 89 98% • 96% 92% 151 61% - (4%% 71 59% 93 95% 98 * 2018 2%s series ser mtge Elgin JoJiel, & *70% fixed 1993 72 '/a 74 __ 87 93 93 —— 1985 A 99 14 • series South & 6 34 (37c1 fixed Mack first Chemical 3s J 96% 1966 debentures First 91% *94 Map-Nov 60 7 95% . 96H4 May 63 12 993 3%s ref Second Dow 95 74% System Inc— debentures Commonwealth 91 1973__Map-Nov (3% interest) mtge 23/4s ref Detroit Tol 1163/8 79 8 63 95 June-Dec Columbus 11 34% 27 28% 35 32 — Div 1 2042 tr 5s ser Detroit Terminal & Tunnel 115 99% 4%s 1961—Aprd-Oct Columbus & 27 — , series A convertible — 4 78% -..June-Dec first gtd 3%s 30 Co— 1993 trust 4-6S May and-refund Duquesne ........June-Dec Gas 2 7'A 29% * Jan-July Map-Nov 1963 series C 5s due contingent interest) 97 % 76 89'% ..June-Dec 1982 Line Vfv i,,, 3s 1966 1980— Short M Detroit Edison 3s series II 112 Detroit & 1961 l-985___ 3s 22% ' division mortgage 105% 9 90% 3%s 3s 40 8 Denver & Salt Lake—1 90 — — 96 2%s Columbia . 31'A ' Wctesrn & contingent interest) 100 _ 9 90'A 93% 90 _ 90 First 3s refund mtge & coll General 96 — Illuminating mortgage & contingent 100 % : 99% noo'A *100'% 89 First mortgage First..mortgage conv 97 30 21 Feb-Aug & Western RR Income mortgage series A 104 % 94 Jan-July Louis St coll first Cleveland Electric and Essex A 120% 108% 113 '/z 113 'A *74 Feb-Aug '—April-Oct Jan-July extended 4s Lackawanna First mortgage 993/4 96 -96 1969—Feb-Aug impt 4'/2s scries E Wab St Louis Division 4%s 101% Denver & Rio Grande Western RR—<• 98% d 1977 & General gold-4s 1993_i General 5s series B 1993- Colorado Fuel 23 — -April-Oct 1977---, Hudson York 1st " 1974— debentures 4s debentures mortgage Fort series Cleveland Cincinnati Chic Cleveland 22 34 103% 94 Pennsylvania Division— 623/4 90% 1 1975_Aprif-Oct ,__Jan-July : City Ice & Fuel 2%s debentures Cincinnati 33 1O0 99 "21 June-Dec 1965 103 52% 5 16 Muy-Nov 1960 Co 2%s debentures Collateral Terminal- mortgage Co 102 60 94% 75 Jan-July 1982 A ser gtd 3%s series debentures Service 2 *27 June-Dec 99 55% 94 85 Jan-July I T Financial-Corp 2s/us 1959— Cities 96 32% — Map-Nov 1st- mtge & coll tr 4%s ser B 1985 Map-Nov Delaware Power & Light 3s 1973 April-Oct First mortgage and coll trust 3%s 1977.June-Dec First mortgage and coll trust 2%s 1979-Jan-Jaip 1st mtge & coll trust 2%s 1980 —Mar-Sepl 54 % 75 Ry— 1963 Elec 1st mtge 2%s mortgage 4s 100 223% June-Dec * 3'/us series F Gas & & First 75% 94 Jan-July Southeastern mtge 4:,%s First f C 102% __ June-Dec 1970 A Income 90 31 70 55 % Jun-July mortgage 2%s series G 1963 Chicago fy Western Indiana RR Co— Cincinnati 1970 B Morris 85 a 83 1999„April 1980 & Station— mortgage Cincinnati A ser 4s 97% 68% refunding mtgr 2:l/4s-4'4s 1994.J«a-July 1994_; Jan.-July trust 96% 89 93% Jan-July bo 81 807 *69 76 2:,As-4'/4S coll 20 89'A 96 June-Dec New 105 91','2, — 80% 80 3A 7«it-July First 1st ser ref Delaware Lackawanna 98% 98 *98 __ — April 1994— A A ser Haute Union 123A 27 95 *98 — Jan-July ref 4s & Delaware & 101% 98 1 96 96 tail-July 2038J First mortgage 3s series B 1989 Chicago Rock Island & Pacilic RR— Income 83 93% -- June-Dec 1970 lien & 3%s 97% 94 78 "2 1988 1 mortgage comMnc 4'/2s Jan First and series) (1942 mtge 4s June 30 1970— Deere 69 Chicago & North Western Ry— Chicago 13 *— — —Map-Nov mortgage 3s 1978 mortgage 3s series A 1978 First mortgage 3%s 1982 Dayton Union Ry 3%s series B 1965- 106% 60 65 '110% General mortgage 4'As inc ser A Jan 2019—April 4'As conv increased series B Jan l 2044 April., mtge 104% 93% *93% — 3'/as 1966 May-Nov First 98% 973., Muy-Nov April mortgage 4'As inc ser A Jan 2003 April Chicago Indiana & Southern Ry 4s 1956—J«7i-July Chicago Milwaukee St Paul & Pacific RR— Chicago Terre 104% — 12% ■ — Dayton Power & Lt first mtge 2%s 1975—April-Oct 105 94 104 >'2 May-Nov A 2nd Second 1977 1st, mtge Imp & equip 4s 1970 97 *61% Chicago Indianapolis & Louisville Ry— A 1st mortgage 4s inc series A Jan 1983 First 102 Va 106% 90 12% Jan-July April-Oct 1976 1st 1063/a 103% — Feb-,Aug . AGeneral 4s 1st lien 103% 94 1958 Chicago Great 98 95'A mm — Ry— 107 % 8 *102 Jan-July and 1st & mtge 1% impt M 3'/2s series E 1996—Feb-Aug impt M 3%s series H 1973—June-Dec first consol gold 4s 1989„...Jun-July 4s debs 104% 26 8 97 ; Mar-Sept impt M 3'/2s series D 1996—May-A'oa --Mar-Sept refunding mortgage 3'/us 1985—Feb-Aug First and refunding mortgage 2%s 1970—Feb-Aug First f s 2 101'2 103 Feb-Aug Feb-Aug Jan-July 1968 Second consolidated gold 4s 1989 Chicago Burlington & Quincy RR— General 96 Cuba RR— 97 106% 103% 104 97 4 >A« -1992—. Refund and & May ...Jan-July 1974 3'/2s series A 3%s Champion Paper & Fibre Chesapeake & Ohio Ry— General 3%s Northern 1st 95% 85% — Co 3%s Crucible Steel Co of Am Co— First and refund First 1st debs 105 lU3-)8 104 103 7 104 April-Oef 3'/is debentures 1960 314s debentures (1947 issue) 1960 R 93 Mar-Sept Can 82 91 105',8 105'/8 June-Dec Corp AGen 99% High Low 1 *104% 105% April-Ocf First & 3'As Corp 3s debentures Celotex Jan. 1 No. 96 *97% — Range Sine* Sold Cuba— of 2001 mtge 2%s 1975 debentures 1965 Continental — 105',4 105 Jan-July I960——i Clinchfield (J 96 — Bondi High (stpd as to payment dollars) Power first 101 92 *90'a __ 105 Feb-Aug Carthage & Adirondack Ry— First mortgage guaranteed 4s 1981 3'/2S Bid & Asked Ry— series Celanese April-Oct Map-Nov Baking 3s Airlines Inc— debs Case * Jau-July 1955 4'As debenture consol Capital 4s Raciiic 1957—v—i 1968 Continental 104 2 82 debs S 1st, 4'As gold U 98 104 *78 — 17 Ry— Guaranteed, gold Guaranteed gold Guaranteed May-Nnv April-Oct Range Friday's or June-Dec Railroads inc cum in Consumers 84 1976—_Juue-Dec California Oregon Rower 3'%s 1974 Canada Southern consol gtd 5s A 1962 Sale Price ' 91 Cuba Rower 23/4s Gas 1976 3%s debentures 1978- 94 % 96% Natural 3%s debentures c California Last Period Low Consolidated 2 Week's Interest Exchange High 96','2 85 % 91 1955 1982 Low *100% — Jau-July Bush Terminal Buildings 5s gld I960——April-Oct 5s No. __ .Jan-July 31 New York Stock 97% . 85% Buffalo Niagara Elec first mtge 2aws 1975_Map-Nov Buffalo Rochester & Pittsburgn Ry— Stamped modified 4%s 1957 1 Map-Nov JULY Jan. 1 *98% 10034 .. ENDED Range Since Sold H'ah -Jem-July „ debs *— WEEK Friday Bonds Bid & Asked Low Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union Gas 4s debentures 1969—Mar-Sept FOR Range Friday's or 96 96 2 98% 99 25 94% 93% 96 95-% 99% 103% *103% 104 104% 105 % 105'A 10 105% 107 103'A 103'A 22 IW 104% *90% *90 56 85% 90 91 91 27 The Commercial and Financial Chronicle... 28 (408) Monday, August 3, 1953 NEW YORK BOND RECORD RANGE Friday Interest Last Period BONDS •|. Sale Price Exchange New York Stock or 1972—— Mar-Sept 1st mortgage 3."20s series 1 1932——_—Mar-Sept J International Great Northern RR— AFirst 6s series A 1952 —TJen-July Steel debs 3%s Co 100 97% Interest Last Period Bale Price 96% 109% 98 — 43 105 % 107 66'/a 101 1956Jan-July International Minerals & Chemical Corp— 3.65s conv subord debs 1977—,—: Jen-July *— 100% gold 5s series C Orleans Great Nor 5s A 1983 New Orleans 1977 1st Power 1st 113 *87% 1972—May-Nov 95 Franklin Jamestown 1st — 90 100% — *11 100% *88 90% Y ' — *92 102 — 98 104'/a 105 50 95 4 50 47'/a 1 *98 98 __ *98 % 99'/a ' — „ *95 — 99% *150 98 99% 150 155 98 — 98 100% 34 95 *100 Jan-July 91 2% 104% 103 96 Va lund Valley Lehigh 99% 96 June-Dec June-Dec *74 & ref 5s stamped 86 1954— & ref 5s stamped 1964 1974 First & ref 5s stamped 87% 81 83 85 — 1 96% *— Feb-Aug Feb-Aug Feb-Aug 100 100 % 65 65 *85 86 A 4 Vis Series B 4Vas Series C 5s Series D 64% interest fixed interest fixed 2003— *73% 2003 *80 May contingent 5s Terminal 2003 interest 58% 63% 1 87% 93% 91% ' 1 Norfolk 88% 61% 74 99 112% 101 76 92 85 — 99 104 98% 96 Vi 2 103% 103'/a April-Oct 96 98 188 98% 5 *77 Cincinnati Louisville Gas & Elec Div 4s 1955 84 77% __ *82 94 Va 85 *90 % 80 Va — 101% 101% lsj, mtge 2%s 1979—May-Now mtge 3Yas 1982 2 88 98% Map-Nov 2 90 Vi 100 101% 99. 103% 93% 83 101 Ye 92% 103% 93% 94% 98 93 M Macy (R H) Manatl Sugar 4s Manila RR May Dept 3 Vis Map-Now Lines) Stores 2r}'8s 1959 4s debentures 23As 1980 1 97 97 94T — — - —— 101 98 Va ' - .- 88% 98 Va *— 100 Ye 96% 97'/a 90 1O0 98% 95 5 *95 ■ — 94 y» 95 Va " „ debentures April-Oct 3%s 3%s 1969 „Mar-Sept Jan-July sinking fund debentures 1967 Mining & Mfg 2Y4s 1967 Minnesota Minn Paul St First Saulte & St AGeneral mortgage 4s inc ser Corp 33As Missouri Kansas April-Oct — 94 7/a 95% 94 — 100% 93 >/e „ 99% 93 Va 99'A 99% *86 2 90 96 4 92 Va — 92 91 95 101 Va 101 Va 4 104% 91 —— 97 —— 99% 95 5 99% 1 92 92 102 V« 99% Texas first A Jan 1991 May May 85 57V2 June-Dec 4s 1990 85 54% 57'/a 1 36 100 Vi 100 Va June-Dec 91 Jan-July 100 Jan-July 92 84 52 100'/a 4 20 87 99'A 100 % 18 97% 90 24 90 89% 91 93 66 100 Ye 94 >» Missouri-Kansas-Texas RR— Prior lien 5s series lien 4'/as series D 1978— ACum adjustment 5s ser J Missouri Pacific RR Co— |AFirst and AGeneral -Jan-July Jan A 1967—.April-Oct - Feb-Aug 107'/a 103% 94 *85% 88% 77% 78% 18 77% 84% 106 >A 107% 77% Mar-Sept refunding 5s series A 1965 4s. 1975— 92 93% 93 Va 83 96 37 102% 117% 94 64 92% 117% 111 102 Va 118 103 118 AFirst " and refunding 5s series F 1977—Mar-Sept 1067/a 106 107 AFirst ' and refunding 5s series G 1978—May-No® gold 5%s series A 1949—_Map-Nov refund gold 5s ser H 1980—-April-Oct 106% 106 106% 69 76 77 Ve 136 73% 101 Ye 39 102 Va 118 Ye 102% 118 V* ^Convertible AFirst and AFirst and Mohawk & refunding Malone first 5s seris gtd I 1981—_Feb-Aug 1991_ Mar-Sept 4s 76% 106% 106% 107 107 106 & Essex Construction first gtd 3Y2s 2000— June-Dec mortgage 5s series A 1955—May-No® Construction Mountain 3Vis mtge 4V2s series B debentures 1978 Map-Nov —.—April-Oct 156 65 98 98 60 «/e 59% *101 3 98 1 60% 61% • „ 50 69 98 98% 78% 74 71% 74 11 68 74 60% 60 60% 11 57% 66% ' *56% 98 B 56% 1970—June-Dec Natl Distillers 1970 100 debs New England Tel & Tel CoFirst guaranteed 4 Vis series 3s debentures 1982— New 1961 For footnotes see *86 Va 88% 6 85 83 Va 83% — — 89 I *96 86% M , *85 —. *86 —— 8 76 75 76 82 84% 89 82 79% 183 100% 60 % May-Now Jan-July June 1992—Mar-Sept , X 75% i 68% June-Dee 99 7% Jan-July 128 7% 7% 3 2% 102 99 99 19 3 8% 6% 3% 2% *90% 86% 63% 102% 91% 63% 61% 68 100% 105 33 102 y4 102% *83% Jan-July Jan-July Jan-July Jen-July — 2004 62 62 1 60% 53 Va 54 5 50% ( 93% 90 Ve — 100 Ya ref 5s 1974—Mar-Sept 104 Mar-Sept 101 refunding 4Vis ser A 1974 lien Quar-Jan 1997 4s 1977 3s 102 2 95% 99 Ya 105% 100% 120% 108 —— 108 101 -- Quar-Feb 2047 104 _Mar-Sept 1975— Power States 4Vis 69% 101% 64 75% 71% 23 97 617/a 91 Ya 101 97 105% 96 106% 5 10WA 160% 100 % 100 Ve 102% 106% — 65% 95 % 97 35 69 Va - *64% 97 93 101% 103 69'/a Refunding & improve 5s series C 2047—Jan-July Refunding & improve 5s series D 2047—Jen-July trust 27 *95 Quar-Jan — 1 Jan registered 2047 Quar-Feb Refunding & improve 4Vis ser A 2047—Jan-July 2 102% 102% 10 101% 105% Co— mortgage Bell 91% *91 Ye — — 93 85% 94% —— — 92 87 — 92% 95 ♦95 102 Ye — — Mar-Sept 1979 3S 82 95 *87% first mortgage 2%s 1974 Feb-Aug First mortgages 2%s 1975 April-Oct First mortgage 3s 1978 Jan-Julf First mortgage 2%s 1979 _Feb-A«p First mortgage 3Y4s 1982 June-Dec (Wisconsin) first mortgage 2%s 1977—April-Oct (Minnesota) Northwestern 98% 95% 90 __ 3s Collateral 94 101% 89 Ry— registered lien 86 Ye 70 -61% 88% 94% 110 2%s 1980 2 '/is 1980 86% 94 Ye — *94 Ye 110 & First 6 90 % 90 Ye *96 Ve 100 Pacific Northern 84 84% Corp— Power 2%s debentures Telephone— *86%' June-Dec 1984— Mar-Sept April-OctMap-Nor Feb-Aug June-Dec 1974 mortgage 3s first mortgage 2:!4s 1975 First 2%s 1980 Electric 2%s First mortgage 3s 1979 First mortgage 2%s 1980 First mortgage 3%s 1982_ First mortgage 1975 & Gas — — 95 ; 94^ 95 12 *90% 86% 92% 91% 100%f 93 __ 89% *87 Ya — 95 Yet 95 95 86% 94 -- — Map-Noy- . 88 91 * 102 Ya Mar-Sept 34 99% 99 Ya Oregon-Washington RR 3s series A 1960—April-Ocl Gas 97% 102%, 101% refunding 3s series L First & First & & First & First & 96 2 96 100 Va 1974 1st & & Tel 2%s debentures debentures 1986 3 V'8s debentures 3Vis debentures , & Illinois 1st s f gold 4 Vis Pennsylvania RR— sinking Consolidated 27 91 98% 94 Ve 30 87 Ya 97% 98% *94% General series 4Vis series A B series 82% 93 Ye 82% 92% 98% 97% 97% May-Nov 96% 0 96% 98 100% 2 93 101 Ye 94% 97 .Map-Nov April-Oct 87 Ye 91 5 11 93% 99% 101 Ye 98% =100 — 5 85 Ya 97 Va 5 95 *91 94% 90 _ 95% 94 104% ' 2 70 103 Vt 105 Ya 6 82 Ya 92 Ye 5 87 88 89 Va Jen-July Jaw-July 95 98% 98 Ya 89% April-Oct 93 101% 98Ye 104% 105% —— 87% 97 Va *91 Va ' 7 93 Va 99'/a 100 — 89 89 *98 101 1 — 93 y» 11 106% 107% 7 103% 104% 49 107% 108% 92% 104% 95% 94% 99% 105% 98% 101 85 100% 87% 105 101 89 101 Ye 98% 109% 101% 105% 21 105% 109% 95 96 32 92% 98% 18 92% 98% 94% 96 79 74% *99 99% 97 90 Gas Light & Coke Co— First & ref mtge 35/8s ser H 1981 99 93% *78% 96 93 Ye 101% 98 Va 6 —— *100% 89 89 Y4 90 ' *98% June-Dec series E 1984 series F 1985 91 *90 87 Va June-Dec 1965 82% 91% 97 Feb-Aup 1981 — 91% 82 y« Peoples Eastern & June-Dec external 1960—April-Oct first 4s 105 93% *80 93% 101% 101% 21 105 109% 10 91 94'A 91 *94 Vi 100% 85 Mar-Sept Ry 3%s series D 1980 Philadelphia Baltimore & Wash RR Co— General 94% __ 80 refunding refunding First & refunding First & refunding First & refunding First 99% 1st 80 series First & 99 100% 5s B & & & 2%s 2%s 2%s 2%s 1971 t A Certificates . 1974 1983 deposit 98 .June-Dec 92% _May-Nov 93 — 105'A 97% 87 95% 96% 28 92% 2 90% 87% 98 90 *98 % — 23% 97% 92% 95% 94% 97 96 105% 7 23% 18 —r *23Vi 107 88% 92% 105 110% 6 *91% Feb-Aug Jan-July 92Vi 99 *89 % 95% — June-Dec r— 107% 108'/a *103 1st sink fund 4s 1937— .Jen-July of 61 Ye 89 *105 May-Nop .May-No® 1967 2%s mtge 37/as SAPhilippine Ry 90 V8 50 90 Jan-July 1977 1981 1978 refunding 3%s 1982 ref 85% 52 ,_Feb-Aug 1974 General gold 4%s series C Philadelphia Electric Co— 90% 89% Pere Marquette First — 107 % 107'A Jan -July gtd first 4s 1986—Feb-Aug 82% 8 1 95 —May-Nov June-Dec 2 93% 98 *90 page 29 89 *87 Ya 91% April-Oct 1968 D 88% 95 97J/a June-Dec fund 4 Vis 1960 100% 95% 1955—Jen-July Pennsylvania Glass Sand 3Vis 1960 Pennsylvania Power & Light Co— First mortgage 3s 1975 101% 92 94% *92% Pennsylvania-Central Airlines— — A3Vis convertible inc debs Sept 1 I960—April-Oct 103% 92% 93% Mar-Sept 3 Vis debentures 1981 Mar-No® Pacific Western Oil 3VaS debentures 1964—June-Dec Paducah 100 95 Ye 1983 debentures —— 94 June-Dec 1978 3Vbs 96% April-Oct April-Oct Mar-Sept 1985 1987 5 97% 97 Ya ref 27/8s 1 101 *96 refunding mtge 3%s ser U 1985_June-Dec M 4s series V 1984 June-Dec First & mortgage 3Vis 96 101 June-Dec refunding 3s series M 1979 First & refunding 3s series N 1977 First & mortgage 4Vis 89% 102 June-Dec June-Dec June-Dec June-Dec June-Dec refunding 2%s series P 1981— June-Dec refunding 2%s series Q 1980 June-Dec refunding 3l/»s series R 1982 June-Dec refunding 3s series S 1983 June-Dec refunding 27/8s series T 1976 June-Dec First & General 83 i & & General 99% — Electric Co— & refunding 3%s series I 1966 refunding 3s series J 1970 First & refunding 3s series K 1971 First I 83% 55% 26 A T 95 72 60'A 1973 mtge ser % 100 96 • — — 59 % 5s 1 Mar-Sept „ RR 86 1 ____ 100% 110% 4V»s . B Jersey Bell Telephone 3'is 1988 New Jersey Junction 64% 98% Chester— General 5 1974——April-Oct Corp 1st 3 Vis 1982 National Supply 23/4s debentures J967 Naugatuck RR first gold 4s 1954 1974— 56 92 | 97 80 General 84 __June-Dec Products 3 Vis debentures 2 66 57% 66 63 Ye 102 June-Dec 1976 National Steel 3s 56% ,55% ,64%, 6 102% 84 84 Feb-Aug Dairy Products 23/4s debs debentures . 67 *51% 1986 debentures 3 Vis .. 178 Central general & General Northern Peoria 3s series 3s '* *96 Chattanooga & St Louis First National —' 60 Ye 82% 56% N Nashville mortgage <•» 59 % 59% 68% 100% 101% 102 1955—May-No® States Tel & Tel 2%s 1986 107 65 *— __ Monongahela Ry 3Y4s series B 1966 Feb-Aug Morrel (John) & Co 3s debentures 1958--—Map-Nov Morris 69 Jan-July April-Oct Pacific Tel 1962 A 40-year 4s series B 1962 Prior & First debs 1966-. f s & 56 93 Marie- mortgage 4'/2s inc series A Jan 1971 Mission 77 3Vis mtge First Refunding & impt 4%s series C 1979 Jan-July Michigan Cons Gas ftirst mtge 3»/aS 1969—Mar-Sept First mortgage 2%s 1969 Mar-Sept mortgage Gen Pacific 1988 * Michigan Central— First 74'A Feb-Aug Michigan Bell Telephone Co— 3'/8s 86% 77 *89 Oklahoma *97 Feb-Aug McKesson & Robbins 3 Vas debs 1973 —Mar-Sept Corp first mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 2%s 1974—May-No® mortgage *96 1972—„Jan-July 1978 90% *44 Map-Nov Mead First 907/8 sinking; fund Feb 1 1957—May-No® (Southern f debentures s 1972 78 76 82'/4 4s 1994 mtge Ohio Edison & Co 27/«s debentures 72% 70 194 91 90% __ 93% Feb-Aug 64% 255 80% 1983—— — Feb-Aug Western Ry first gold 4s 1996—April-Oct Northern 68% 109 Vi — 100 April-Oct April-Oct Mar-Sept 136 73% 78% 67% first 3 Vis 1963 Western RR— Corp mortgage 79% RR— refund mtge 2%s ser G 2003 First & refund mtge 3%s ser H 2003. St Louis Div second gold 3s 1980 : 67% 72% 82 Ve — mortgage 76% General April-Oct 102 66% Light first mtge Mohawk Niagara Prior *— 104 92% 73% mtge 4'/is ser A 2019 telephone 2%s series D 1982 3YaS series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jen-July 94 — 99% 95 1 68% A Y 79 Ym _April-Ocf 67% 10 80 Refunding mortgage 83% First & refund mtge 3Yas ser F 2003 1st & cons 68 First & Atl Knox & & 1 '109% 97 95% RR— ser 1955 4s Map-Now 1973 1954 4s 4%s ser A 1st 6 98% 1978 102% Susquehanna & 72'/a Mar-Sept Nashville & Y Term 85 *96% 1976 debentures Louisville Y IN 56% 27 —June-Dec mortgage 3:us ser D 1976. Lorillard <P) Co 3s debentures 196(3 3%s Y 71% 1952—J_—June-Dec A 1st debentures N 85 72'/a — 96% 2%s 1975—Mar-Sept & Putnam first consol gtd 4s 1993 April-Oct State Eledtric & Gas 2%s 1977—. Jan-July 4s series 7s 101% 99% — Map-Nof Port & mortgage Power 1st Ry— 5s Electric 93% 91% i. — — — 2007—Jen-July inc 4Vis series A 2022—May mtge conv N Y Steam 109% Long Island Lighting Co— 3s Y N 80 __ 58 % 63 Vi extended to 1979 April-Oct Lexington & Eastern Ry first 5s 1965, April-Oct Little Miami general 4s series 1962 ——May-Wop ALombard 2043 Hartford & River mtge 71 83% Series F 2043 B refunding mtge 4s AGeneral 63% 8 April-Oct April-Ocl Map-Now Jen-July Jan-Julf 1986 Gen 78 78 May May mortgage 3 Vis 1998 gold 1973 B Haven & Harlem 65 6 65 Map-Nov interest contingent interest 2003.' Series E 4%s contingent interest 2003 Valley series New 80% 3 — 82% May-Nov May-Nov 4s First Y General mortgage bonds2U03 4s. fixed Lehigh series General consolidated 1997 series A 4s First N 81 % Jan-Jltlf, Jan-July 1997 gold 3Vis 2000— 4s 93 79% 78% Lehigh Valley RR— Series 3 Vis mortgage 3s series F Harlem AGeneral 1 Lehigh Valley Harbor Term Ry— First mortgage 5s extended lo 1984 Feb-Aug Lehigh Valley Railway Co (N Yj — First mortgage 4%s extended to 1974—Jen-July General 93% RR— Lack & West 4s series A Y N 3% 79 77 86 — Feb-Aug 1998 River collateral Mortgage 100% 1 Coal Co— First Hudson registered Mortgage N 99% 23 II 1970. April-Oct A 96 —— 94 Va Co— & N First RR Connecting RR 2%s series B 1975 1st mortgage 3 "As ser 102 Ye 92% — 2 95'A Y — *81 — April-Oct Y 161 Lehigh Coal & Navigation Co— Sinking 92% 6 — —r *92% __ JAN Y Ontario & West ref 4s — . deposit mortgage First June-Dec fund 3% ser A 1968 Lake Shore & Mich South gold 3%s 1997 3%sJ registered 1997 95 —— Feb-Aup N 63% 100% Terminal— RR j. N 111 Ye 20 2% First L & 96% 105 95 95 York Chicago & St Louis— Refunding mortgage 3 Vis series E 1980—June-Dec «... — .... 95 1961 First mtge sink 94 ■ —- Feb-Aug 3Vis registered 1998 Feb-Aug Michigan Cent collateral gold 3Vis 1998—Feb-Aug 3 Vis registered 1998. -—Feb-Aug ... - — 101'% 102 Jan-July Kings County Elec Lt & Power 6s 1997 April-Oct Hoppers Co 1st mtge 3s 1964—.— April-Oct tAKreuger & Toll 5s certificates 1959——Mar-Sept Lakefront Dock 103 New 94 *90 — 1961 mlm- Feb-Aup 1956 series A 4s & Lake Shore I 88 92% Central 3Vis 93 85% 90 90 *90% of Central General 98 87% 4 90 Vi *81 1st mtge 4s 1990 unguaranteed York New K 4%s April-Oct Refunding & impt 4 Vis series A 2013—April-Oct Refunding & impt 5s series C 2013 April-Ocl . Plain 4Vis series D a Certificates 93 90% 1976—Mar-Sept April-Oct Kansas City Power & Light 2%s 1976—June-Dec First mortgage 2%s 1978—June-Dec 1st mortgage 2%s 1980 —June-Dec Kansas City Southern Ry 4s ser A 1975—.April-Oct First mortgage 3%s series B 1963 June-Dec Kansas City Terminal Ry 2%» 1974—,—April-Oct Kentucky Central 1st mtge 4s 1987 Jan-July Kentucky & Indiana Terminal 4'/as 1961—Jan-July Stamped 1961 Jan-July 103% 103 % rnmmm — 1959—June-Dec 4s HlgM 94% Ry— Certificates of deposit AFirst 5Vis series A 1954; N Clear & Mexico 1954 a Consolidated Jan-July Central Power & Light 27/as Kanawha & Mich Texas series B /-Certificates of deposit 107 80 ■ *96% 100 Mar-Sept 1978— Lot® 96 Vi ' 94% 4 J Jersey 5s 3%s /-Certificates of deposit AFirst 5s series C 1956 AFirst 97 97 1980 3s mortgage Terminal Orleans AFirst Co— mortgage 3%s J a a. 1 No May-Noe Interstate Interstate Baare Biaoc Bold '-ah ♦— Jen-July 112% 99 — Mar-Sept 1974_ New 79 62% 99 Power & Light 3s Bottia Friday's LiUW 120 103% 36 66% 65 % or Bid A Asked High JNew 107 Week'* Kmc* BONDS New Jersey 100% Rys Central America 1st 5s B Oil Pipe Line Co— ' 3'/eS s f debentures series A 1977 31 New York Stock Exchange Lot® 44 *— Inter JULY Jan. 1 No. High Jan-July AFirst ENDED Range 81nea Sold 98 % 100 *96% April-Oct Adjustment 6s series A July 1952 5s series B 1956 A AFirst WEEK Pdlsy Bonds Friday'* Bid A Asked Lot® Inland FOR Week's Range 24 103% 105 105% 17 % 24 16% 23% . f Volume 1T8 Number 5243 . The Commercial and Financial Chronicle ... (409) 29 NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Interest Exchange Week's King* «ir Friday a Lam Period g Bid A Asked Low Phillips Petroleum 3.70s conv 2%s deb debentures 1964 Feb-Aug 1983 97% June-Bee 97% *95'A 12 ' — , 94 *100 __ 3%s debentures *102% *105% 108'A April-Oct 83 *__ 99 First mortgage 3s First mortgage 2%s 1984 Piovidence Terminal 4s 1956 Public Service Electric & Gas 96 96 3s - debentures 100 First and First and First *97% 100 97 % Feb-Aug and First and 95% 97% 2 A 100 95'A 10 104 *__ 98 98 % 98% *99% 19 98% 1973 Saguenay Power St Lawrence Second St 1969 & 3s 6s A 1971_ 1st A St 97 *95 — . Mor-Sept bond 1 *75 84 84 certificates Jan-July 96 May-Nov 1989 101'A gtd 4s Air Line RR mtge 3s series B 1980 37/8s s f debentures 1977— Seagram (Jos E) & Sons 2%s 1966 3s debentures Union Oil debs conv debs trust 7s 107 % debentures 4'/2s Natural conv Southern First debs f s Pacific 4'/2s Gas '■ 4%s 91% _ 91% *32 ' _ 7 45% Gold 4'/2s 96% 1963 95% *102 —-June-Dec 88 % — .-=■ first Devel and Devel A mtge 3%s 4s general 87% 89 90% 90% 3 ser gold series 101% 102 5s Coil 99% 98% 1956 A 53 97% Standard Oil Co 28 95 *82% 97% *76% 83 *92 99'A 116 115% 116 101% 101% 80 92 23 106'A -Jan-July1 101% 6 106% 106% debs 1985 100 110% 4'/2s First 89% 83 *__ 97 95 ref 1982 April-Ocf 102% 67 1 66% 94% 8 93 272 97 not 101 % 112% 101% 102 83 1 83 90% -- 93 WEEKLY the following extensive list furnish we July 27, a s 97 100 101 91% 91% 100 % 101 1 1 99 73 AND :: *11 86% 94% 99 — 90 98 Friday STOCKS American Stock 4 94% 96 98 101 104% 101% 94 Ye 105 77 April ; 99% — — 83 % 93% 94% 100% 99'A 3'As 1976 76'A 77 *76 »A • Feb-NOV Afay-Nov 7 6'A 76 85% 86 1 97 74 ~- 106% 106% 35 81% 105'A 3'As 53 % 1 53% 57 » 90 4 90 90 v 102% 103 103 11 *90 63'A 98% 9 103 % 103 7/a 103% 8 62% 63% 60 % 60% 61% Jan-July *92% — ? i 60% 68% 58 % 67 99% 23 — 102% 105% 101 37 *101 104% 95 97% 18 100% 101% — 99% 95 . 98% Jan-July Jan-July Jan-July Afar-Sept 1980 104 104% 1 106% 95 __ 101% 102% Ja n-July 12 96% 100%. 104 « — 95 95 9 92 99 — 90% 90% 2 88% 96% 96'A 96% .1 ~2 94% 101'/» 96% 97% 49 91% 104% 99% Mar-Sept Mar-Sept D 99% 20 97% 101% — — Mar-Sept 1967 97% May-Nov April-Oct Jan-July *102'/a — — — 79% 80% 12 67% 68% 11 101% — 4s 1936 Afay-Nov 1976 June-Dec 68% .' 2%s ■ 81 Va 80% 63 63 84 91 93 1 86 68% 63 —.mm 86 -- 73% 74 Jan-July deposit Power 95 % Jan-July 1965 of 101 Afar-Sept 3'As 1971 delivery the Included & Jan-July *94 % — 1976_Jan-July Power 2%s sale — the year's Included not year's range, in 95 % — n in the — year's range, — d Ex-interest, e — Odd-lot Under-the-rule sals not Included In ths year's rang*, y Ex-coupon. r — sale not Cash sal* range, ^Negotiability impaired by maturity. (Companies reported as being In bankruptcy, receivership, or reorganised wader Section TT si the Bankruptcy Act, or securities assumed by such companies. •Friday's bid and asked prices; no sales being transacted during current week. ABonds selling flat. YEARLY Motors Low warrants Alloys 1 Acme Wire Co common Aero l Agnew Surpass Shoe Stores Ainsworth Air Manufacturing Associates Inc • For footnotes a 4'A 600 4', 2V* (N J) 5 4 1% July 26% 100 25 1.000 3 2'A 2,100 2 July July 6% i 9% 8% May — i CO 1.500 ** 8% July Petroleums Jan Alabama Feb Alabama Great Southern Mar Alabama Power 4.20% Feb Alaska 9'/a May 13% Mar Gas Airlines American 33. 2 Corp preferred Inc Engineering Co for Week Shares Low > l'A 14% 6'A Jan 8% Feb Alles & Fisher 11% 700 11% Jun 14'A Jan Allied Internat'l 13 13% 500 12% Apr 15% Feb Allied Products common Lou? 1% 1,700 14 % 3,700 111 45 B 10 2 wr Jan 1,600 4% Jun 6% Mar 500 11,400 1,200 1% 2 Jan 2% Jan July 3% Mar 2Va Jun 3% u; 7'/8 100 6% Jan 2% 31 July 991/4 Mar 5'/a 1% 7'/a 31% 111 Jun 2% 4 Jun 89% 2% i3B 13'A 103 High 1% May 14% Jun 225 2 23 1% July 92 % 1% lOe Investing cap stock_l (Mich) common 5 13% 91% 1 Range Since Jam. 1 High l,a« 111 50 1 7% 11% 13% Sales Range 1 7 3a 11% Week's ef Prices 100 Alleghany Corp warrants Allegheny Airlines Inc—! 1 1.000 60c Ltd 4 3% beginning Monday, to include every weeg is intended Last Par AJax the Sale Price American Stock Exchange Jan for 31 29 Jun 3 'A 1 All A.— Exchange year. JULY 3 ; see page ENDED Stock Exchange itself, and High % July 2 • common Air-Way Electric Appliance Alrfleets Inc 500 3 1 Supply Manufacturing Low % 26% —_10 Adams Hat Stores Inc 4 Va RECORD Friday Range Since Jan. High % • WEEK ' 53'A ' Co— series Electric Light In i 114% SO 90 May-ZVot? STOCKS Shares ' 88% 75'/a —. 90 *74 — 8 82'A 90 • April-Oct Sales of Prices • .' 102 13 89 *97 4 105 102 101% *86'A April 1991 1971 Public Service for Week Range Sale Price Par ACF-Brill Acme Aluminum Week's Last Exchange 5 99 92% 98 *96 % *102 1971 1981 A ser Telegraph Electric Deferred 1953 and ending Friday, July 31, 1953. security whether stock or bond in which any dealings have occurred during the current FOR j 101% " Afay-Nov 1966 complete report of the transactions on the American It is cdmpiled from a report of the American Stock RANGE J j 92% S87% AMERICAN STOCK EXCHANGE In I 104% 95 92% *— — C 1973—April-Oct ser mortgage 2%s 1979 Included 93 94 >/2 1 , Co— mtge 3%s Union debentures Yonkers 93 67 April June-Dec 104% 105% 100 % 8 Y — 3'As convertible debentures & Wisconsin a *87% 2013 1967 (subord) debentures — April-Oct 98% Jan-July 1995 3'As debentures 110% — ; 100% April-Oct 2361 ACertificates 109 10 106% . 1 95 Corp— Pacific RR Wisconsin 103% 106% 106% 102 % 97 102% 13 101 ■ 91% Maryland Ry 1st 4s ser A 1969—April-Ocf 4%s series B 1976 May-Woe mortgage 95% 120% 107% 107% April-Oct B §ASuperior & Duluth 1st 113 16 101% j ; 64 1979—June-Dec XWisconsin Central Ry— §AFirst general 4s 1949 ACertificates of deposit 85% 74 " 92% --102% ' *99'A 102% 1978—Afar-Sept Wilson & Co first mortgage 3s 1958 Winston-Salem S B first 4s 1960 98 78 — — — — — 90% *95 -- mtge 3%s 103% 96% — May-Nov (Indiana) 1955—Feb-Aug May-Nov Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3'As series C 1970 105% 100 1956—April-Oct 1983 debs A 1958 5s 3,'As series B conv debs conv 2%s 105% 101% 102 1 •J —' — j 88% 104% Westinghouse Electric Corp— 105% Products Co Inc— subord conv 90% 80 Va 100'/2 *97 79'/a 103 — 83 mtge 2%s ser E 1975—Afar-Sept 30-year 5s 1960 4%s debentures series A 92 90% Co registered 1st 97% 102 A '75—June-Dec 2 r 96% Co— mortgage Western 111 75 100% 89"% 13 *— -- 1957—; mtge income 4'As series B Jan 1st 276 May-Nop 23As ASpokane Internal! first gold Standard 92% Northeastern RR— debentures 4s series mtge 4s income series A Jan 1981_ Western 98 70 — 104% 105% 102 Jan-July /«n-July Jan-July 5s 1994—Jan-July A 1956—-April-Oct 6'/2s series Joint 3%s 1977 Southwestern Bell Tel 3'As 107% 82% 5 73 105'A Mar-Sept —May-Nov May-Nov Memphis Div first gold 5s 1996 New Orleans & gtd 3s series First 1977 general 6s series A and 32% 90 5 1 ' 1959—Afar-Sept West Penn Electric 3%s 1974 West Penn Power 3%s series I 1966 West Shore first 4s guaranteed 2361 93 110 — ] 96% 109% 102% 102% 100 % 100% Afay-Nov debentures 102% 104% 1047/a __ Warren RR first ref gtd gold 3%s 2000 Feb-Auy Washington Terminal 2%s series A 1970 Feb-Aug Westchester Lighting gen mtge 3%s 1967—Jan-July General mortgage 3s guaranteed 1979——Afay-Nov 93% 85% 8 95% *68% June-Dec consol refund RR Western First mortgage 2%s series E 1986 First mortgage 2 %s series F 1996 First mortgage 2'As series G 1961 general consol Warren Petroleum 97 92 Southern Pacific RR Co— Ry RR Walworth 101 % 95% 95% — 94 —— 1047/a 1972 1976 92 95 166 82% *92'/a April-Oct 3%s consolidated First 101 »A 27 240 90 95'A Feb-Aug Jan-July Jan-July 1994—. 97 102% 88% April-Oct 1981 and 3%s 105 90 __ *93 102% 1971 Gen 93 Mi 99 87 — , 100 95% II • 82% & 4s 1969—___— Devel 112 % 96% 98 Jan-July 1973 Gold Southern 118% 93 Co— 1st 106 Co— (Oregon Lines) San Fran Term 100% 90 • 97% Jan-July 1985 27/as debentures 1987 Southern Indiana Ry 2%s Southern 3%s 97 86 96 104% 104% Jan-July Jan-July Feb-Aug 1967 Pictures and 3%s 93 1983 Ala RR gtd 5s 101% 102 % 212 109% 100 1941—Feb-Auy 97 99% 103% April-Oct Gen • 91% 98 95 *93 April-Oct trust debentures Wabash — ■ April-Oct ApriZ-Oct 94 Afar-Sept First lien and ref mtge 112 93 — *„ 1982 1 95 w 93 Bell Telephone & "telegraph Co— debentures 1979 —Jan-July 23As 5 100 *98 Southern ,3s coll & 1966 1977 2%s 1970 Corp Virginian Ry 99% *94% June-Dec 20 % 95 *91 and ref mtge 2%s ser H 1980 Mar-Sept mortgage & refund 3%s ser I 1981—June-Dec ref mtge 3'As ser J 1982 April-Oct 1st 95% —Mar-.Sept Skelly Oil 2'As debentures 1965 Socony-Vacuum Oil 2»/2s 1976 South & North 91 101 % 101% 109% 55 13 *97 1976 Virginia & Southwest first gtd 5s 2003 82 *90 2'/2s debentures 1971 JSASilesian-Amer Corp coll Sinclair Oil Corp— 3'As subord II June-Deo RR— debentures Gas mtge 1st 86 16 -—June-Dec f s 78% 5 51 ilfa?/-Nov 1974 Service Pipe Line 3.20s 1970 1972 First and refund mtge 3s series F First and refund mtge 2%s ser G 77% 96 *93'A Mar-Sept 48% 95 *95 Afay-Nov 2%s debs Biscuit Co of America 2%s Vandalia 97 % 70% 87'A Co— 1st Shell 96 — 1989—May-Noo 1977 38 19 95 May-Nov June-Dec 1980 Consol sinking fund series B Virginia Electric & Power Co— 100% 95% 8 7'A 99% 53% 18% 95 (subord) debentures 2%s 86% 86 ■ May bond certificates Nov 19«9_Jan-July St Paul & Duluth first cons gold 4s 1968—June-Dec St Paul Union Depot 3'/as B 1971 April-Oct Scioto V & New England 1st Scott Paper 3s conv debs Pacific First 4»/2s series A Jan 2022 96 53 19 1982 1st mtge & coll trust 4%s s f debs 1972 106% 96 77 Second 4s inc Seaboard 3'As Oil of California First — 96%, 103% V 95% *95 Louis-Southwestern Ry— 4s mtge 1st — 78% 5 4 126 100% Jan-July 1968 4 98% 96% 114 99% 3%s Mar-Sept mortgage 4s series A 1997 First 98% April-Oct 97 V* 87% 8 •— —April-Oct 1961 13 120 99% 100% June-Dec 1960 91 89% 120 1985—Jan-July 1974 94 89% 120 96'A 97%. 102% 91% Universal 92% 115% 89% . 47 *90 % United 103% — 94 % 87% . 92 *92% June-Dec impt 3%s I960—June-Dec and mtge & coll tr 2%s United .... *81% Mar-Sept 1996_Jan-July 5s 1996 Second mtge inc 3%s Jan U S Rubber 2%s debentures Aprii-Ocl gold Louis-San, Francisco Ry Co— 1st C 82% 96% 99% ' 99 % 100 1970—April-Oct 1990—April-Oct Feb-Aug Refunding mortgage 2%s series C 1991—Mar-Sept Union Tank Car 4'As s f debs 1973 April-Oct 99%. 99 91 «... __ *90% 103% 201% 96% 84 91% SI — % *104 99% First series Adirond'k gold Jan-July April-Oct Afap-Nov Afay-Nov S S3 ref debentures Union 132% 190 . 1977 Cent 5s 1st 102% 127% 98% 1 <R J) Tobacco 3s debs & Electric Corp— General mortgage 4'/2s series D General mortgage 3'As series J income 3'As conv debs 101% 92 92 1995—Maw-Nov 95 Va 99% 2%s ' Rochester Gas Adjustment Union 94 R Reynolds Orleans 1st 99 96 — 127% Jan-July 90 102 *92 Union Electric Co of Missouri 3%s 1971 9i 98 94 99% 96% 1 *86% 96 Mi 97% *98'A 100 98% 89 90 *89% 5 —Jlfar-Sjept *99 —June-Dec D New 3s May-Not? 94% u 106 93'A Co— & ref 3%s, series of Tri-Continental Corp 2%s debs 99% ;:;v: Q Reading Co first RR BigB 85 May-Noy First mortgage and coll trust 2%s 1975—April-Oct 105% 106 May-Nov Quaker Oats 2%s debentures 1964 refund M 3%s series Tol & Ohio June-Bee 3%s debentures 1972 and Term *103 refunding mortgage 3'As 1968—Jan-July "refunding mortgage 5s 2037—Jan-July refunding mortgage 8s 2037—June-Bee refunding mortgage 3s 1972—Zlfay-Nov refunding mortgage 2%s 1979_June-Dec and First 18 90 Low 17 Louis- impt M 4s series C 2019 impt 2%s series D 1985 (Third Ave Ry first refunding 4s 1960 June-Bee 1963 and and First 101 98% 94% Jan. 1 No. 90 94% Range Slnoe Sold j & Pacific first gold. 5s 2000 General and refund M 3%s ser E Texas Pacific-Missouri Pacific— 102 98 89% Jan-July Texas 101% 96% Bends High 89% Jan-July May-Nov First and refund M 3'As series B 86 100% *96'A 100% Mar-Sept - 1966 Texas Corp 3s debentures 1965 Texas & New Orleans RR— 107% *99% Mar-Sept 1977—Feb-Aug -Jon-July 1983 Refund 107 __ debentures 2%s debentures 1972 debentures 1973 Refund 109% 82 ' 2%s Terminal RR Assn of St 106 103% Friday's Bid A Asked T 109 % 2 — Corp 104 April-Oct First mortgage 4%s series A 1958 —June-Dee First mortgage 4%s series B 1959——April-Oct First mortgage 4'/2s series C 1960 April-Oct Pittsburgh Youngstown & Ashtabula Ry— 3'As Oil 101% -Jan-July j 1st mtge Swift & Co 103 83 1964—May-TVoo Plantation Pipe Line 2%s 1970 2%s 96% 108 __ or 8ale Price (N J) debentures 2%s 1971—JWap-Nov debentures 1974 Jan-July Sunray 108 *106'A 107 Week's Range Last Period Oil 99 % 105% __ Coal— First general 5s series B 1962— First general 5s series C 1974 First general 4%s series D 1977_ Standard 106 103% — April-Oct 1965 Potomac Elec Power — Interest Exchange Low 100 % 101 *108 *108 June-Deo Pittsburgh Plate Glass 3s debs 1967 Pittsburgh & West Virginia Ry— Friday BONDS 94% __ *101 31 New York Stock 2%s 1953___June-Dec Pittsburgh Consolidation JULY 95 ■ — ,G 1957—_i)fay-Nov ser H 1960___Feb-Aug Consolidated guaranteed 4%s ser I 1963—Feb-Aug Consolidated guaranteed 4%s ser J 1964_May-Nov Pittsburgh Cine Chicago & St Louis RR— ser General mortgage 5s series A 1970 General mortgage 5s series B 1975 General mortgage 33/8s series E 1975 Pittsb Coke & Chein 1st mtge 3%s ENDED High 102% __ Ry— F ser Low 446 __ WEEK Jan. 1 No. 105% 106 FOR Range Sine# Sold High 97% 106 Pilisbury Mills, Inc 3'/8s s f debs 1972 June-Dec Pittsbgh Bessemer & Lake Erie 27/8s 19cJ6__June-Dec Pittsburgh Cincinnati Chic & St. Louis Consolidated guaranteed 4s Consolidated guaranteed 4s Consolidated guaranteed 4s Bonds Feb 31 % 350 25% Jan Jan 7% Mar 3% Apr 32% May f J L Chronicle Commercial and. Financial The SO ... Monday, August 3, 1953 (410) EXCHANGE AMERICAN STOCK WEEK FOR RANGE ENDED JULY 31 Last STOCKS , Range for Week of Prices High. Shares Sale Price Exchaags American Stock Week's far 100 82% Jun 95 Jan Castle 22 Jun 24% Feb Catalin Aluminum 12% Feb 16% Jan Cenco Air Filter 5% American 22% 13% 14 700 4% 4% 2,000 3% Jan 21% 21% 200 20% Jan % pia conv 13% Vi 1 American Book Co_ 100 American Hard Rubber Co 20 American Laundry Machine— 20 American Manufacturing Co com 20 American Maracaibo Co_ —1 American Meter Co——— —• American Natural Gas Co 6% pfd—2fl American Potash & Chem cl A conv—• American Republics —______ 10 American Seal-Kap common 2 American Thread 5% preferred 0 American Writing Paper common 5 Amurex Oil Development class A 0 Beverage Anglo-Iranian Oil Co Ltd— American dep rets ord reg__— convertible preferred 4%% Aro Equipment Corp 9 400 200 23% Juty 2o 22% 100 21% Jan 25% Mar 6 9,600 4% Feb 6% Mar 24 400 23% Jun 32 54% 57% 13% 13% Tel Associated Class 4 4% 4% 300 Jan 11 15% 31,400 9'/a Feb 20% li 4% 5% 8,600 2% Apr 5% July 9% 9% 700 8% Feb 10% Mar 17% 18% 6 6% 9% 18% Jan 18% July 9% May 4% 4% 200 12% 400 11 July 230 98 Apr 4% 100% 101 18% 8,000 10% May Claude Jun 24% Mar Claussner 12% 114% Mar 117% 17'/a July 24% 45% 45% 150 45% Jun 53% Jan 22% Mar 9% July 10% Mar Colonial Airlihes Jan 1% July Colonial (The) 7% 19% 17% 19% 1% 1% 1% 14 2,300 18,300 ic ■— — 11% 800 1% Jun 2% Jan 93% Jun 116% Jan 9,300 6 % 6% 11% Jan 6 Via Jun 7% Jan 15 11% July Mar 11% 2,200 1 2 Ve 2% 900 2% 2% 100 9% 9% 200 9 Mar 11 Mar • 17 VB 300 17 Jun 21 Jan 1 . S common 17 Ve — xl% 5% May Jun Jun 4 2% July Bailey & Selburn Oil & GasClass 1 Baker-Raulang Baldwin Company Rubber common 11% 11 12% 11% 3% Jun 18% Jan July 13 % Mar 11 % 11 3% lo. Covp 3% Jan 4 Mar 8 Jan 3 Vu July 3% Banco de los Andes— American shares Banff Oil Basic Inc 1 & Co common Bearings Ties Beckman Instruments Bellanca Co 14% 15% 14 ■ __ ■ 40 600 1 A 10% Brazilian Traction Light & Pwr ord Breeze Corp common Brillo . Manufacturing Co common British American Oil Co British American Amer •" 10 Ve 25% • 19% Co 10s 8% 9 Ve Mills Ltd 4% 4% " American V4 3% Jun 11% 9% 3,400 7% Mar 5% 900 4% July 23% 4% 18% 125 22% July 25 % Mar Jan 24 17% Jun 22 Ve 19% 6,100 Mar Jan preferred July 5% 400 4% July 5% July 3% 300 2% 3% July 50 33% Apr 400 7% Jan 8% Jun 35 8% 8% 8% 4,200 9'/a 89 150' 13% 14% 1,100 6% 500 9 2.50 Jan 37 Mar 8% 1 July 12% Mar 100 Jun 87 Jan Apr 50 Va Mar 12 Jan 14% July Jan 6% July 5% 1212% 800 12% 14% 600 14 14% May July Apr 2,000 17 100 19% 6 Feb 19% Apr Feb 8 20% May Jan 6 14% 8% 700 9 13% Xl4% 2.600 July 8% Jan 8% July 6 10 Sullivan 5 July 5% 19% 9 10% Jan 8% July 10% Mar 13% 19% Jun Jan dep rets ord shares Inc— Corroon $1 A 6,300 •h 3% Vb Jan 300 % 3s 6d 121/ac Jun 5 Jan Jan Calamba Sugar common Estate 50c 3% • 10% 10% • 9V8 x9% 1 5}^ Camden Fire Oil «fc Gas Co, Insurance Canada 6% 7c Cement Co Ltd common preference Canadian Atlantic Canadian Oil Ltd Co Ltd:. common Dredge & Dock Co Ltd Industries 5% 2/ 5Ji — 15%. Jan 10 Ve July 8% 5 10% Jun Jan 6%- Jan Juiy 25% 20%. Jun Feb 73% — 9% 8% 9% 5% 5 5%v — 17,800 8,100 Jan 73Va Jun 27% - common, Capital Transit Co 5 3% 4 13% 6% 14 6% 2.5a common ; Carolina Power & Light $5 pfd Biscuit Co 2,800 • Zl 1,800 200 —— 75 _• 76 107% 108% ~\v2 For footnotes see Juii page 33 1,200 1,000 19% Apr 23% May 400 21% Feb 24 400 6% 3,400 4% 8,500 14 4% Jun 600 8% 5 % 4 preferred 8% 100 12,900 Feb 5 Va 14% May ' Jan 20% 13 13% 5,700 10% Jun 14% 18% 18 Ve 800 18 Jun 21% 3% 100 12>% 1,500 1 Ve 1 % 2,900 8% 87/e 600 8% 18% 700 17 % 3% 1 % ■ 3 Va Jan Jan 4% July Jan 15% May 11% July 2% Mar 1 Ve July Jan 9 ■ Feb 21% Mar Jun J8Vs 18 9% 9% 500 12% 12% 13 Ve 2,900 11 Va Apr 15% Jan 12% 12 12 Va 2,900 11 Va Jun 14% Feb 1 Ve : - Feb ) 3,400 24% Jun 35% May 11 July 9 1% Mar Jan 27% 26% 27% 11% 11% 11% 700 lOVe Jun 14% Mar 8% 8% 8% 1,000 7% Apr 8% July 4% 4% 5'% 3,500 4% July _5% "5% '5% 600 24 " : 23 Va 24 Ve 1,900 33% 34 5% July 1% Jun S % 8% 9% 300 i'e j.; id 8 Va Jan Jan 10 Jan 49 Jun Jan 100 ' 19% 33% July 8 Ve Feb 31% Mar 23% July 150 Feb 7 iii Mar 5% % Jan Jan 10 % Jan Jun 9% Feb % July 9% 9% 9% 200 8 Va 7% 7% 7% 400 7 Va 17 17 100 16 Ve Jun 17 .23 V2 21% 23% 22,000 16 Ve Apr 23% July 47/e Jan V2 Jan 72% 71% 72% 4,100 67 Va Jun 76% Jan ! I a/. 700 % Apr 1 Va Jan 6% - 6% 300 6% Jan 7% Jan Jan 11% July 14% Feb 1% July 2 Ve Jan 10 10 Ve 1,000 9% 13 Va 13% 100 13 Ve 1% 300 25 Ve 1,300 30 ,1% 23 24% 168 167 167 8% 8% Feb 0 Feb Jun 27 130 Feb 8 Va Jun 12% Feb 1,150 14% Feb IB Feb 5% Jan 6 Va Feb 13 Va 5- Jan 16% Mar Day 87o debenture Detroit Gray Detroit Hardware Steel Detroit Co class5 B——_.— American — V dep rets ord reg, ——. Exploration Ltd-i,—;—< Finance Corp Domestic 3% 1 % 1% 125 40 1,800 Jun Jun 13% July 5% Jan 26% Mar 15 % Feb 6% Jun 8V2 Feb 3% Jar 4 % Jan Jun 114% 1% May 2% Jun 74 106 — % 700 1 Va Jun 2% Feb % " 30 120 28 Va Apr July 16 300 14% Jun common 23 .1 25c 2% 200 23% 2 Va 2% 23 V« 500 Textile Co Ltd common,. Dominion Dow Chemical Co Ltd Oil .'—4s - 10% 18% 19 1 5% _2.50- 200 10% 1,800 19 5% 4,000 Brewery Ltd Dragon Cement Co Inc Jan 2% July 3% May July 29% Mar 23 1214 Jan Jan ll96 Jun 3 Jan 2'% 9% Jan Feb 11 Ve Mir 25% 18% July Jan % Mar 3 5% July 6Ve 5 Va May 1 Jan 82 Feb 11% July 1-/% Jan May 9 % Apr 19% 74 July 11% % :: 8 9 300 8% Jun 6% 2,600 4% Jun 7 Va July 15% 6 100 8% • 1,700 8% 6 Ve »*- 12 Ve 8% 12 Ve 1 * 10 * —1 Company Apr 2% 2% li,300 "lis I'.J 2 Bridge Co Ltd * Dominion Steel & Coal ord stock——* & Jun 10% July ~ Mar 4 13% May Jan 1% - 17l, 145 12 Va Dominion Dominion Tar 7% Mar Jan 137 Feb 33 30 6 % 1 Dobeekmun Co common,,Dome Feb 1 * * . (The) Corp Diversey 6 Va X19 15% —10 Products Ltd— Jan 30 1 1 Mfg Co Devon-Leduc Oils Ltd Distillers 27% x5% ) & Devoe &c Raynoids Jun 100 ——100 — Manufacturing Iron Foundry,, Gasket Feb 300 6 1% __10c —35 50c 5 Dejay Stores common—• Dennison Mfg -class A common 7% Mar July 6 % 20 6 —1, Dayton RubbeivGo class A 200 6% 20 , Mines Inc,. Detroit 6% 6% 1 —2.50 Davenport Hosiery Mills Davidson Brothers Inc— Jan 13 July Jan 49 July Jun 20 Mar 38 Ve 40 300 29% 16% ■ • 18 18 2,800 16% 7^H Mar Jan 9% Apr 8 Ve 8 Ve 8»A 3,500 34% 34 Va 100 32% Jun 40Va Jan 10 Duke Power Co__ i———— • DuMont (Allen B) Laboratories— 34% 33% 33 33% 300 32 Va Apr 35 V4 Jan 12% 11% 12% 8,900 11% July 117% Jan 10c 3% ~3Ve 100 Harris Class A Co i common Dunlop Rubber Co Ltd— American dep rets ord reg , Co Durham Hosiery class B common Duraloy (The) Test Corp .common.— Duval Sulphur & Potash Co < 5% May 5% May £1 1 • ——X *_—• 3-e Juiy A 5% "5'A "5% 29% . 30% 30% 700 , 4-i j 1-4% Jun 11 jjan Feb 5% July -.% Af <r Jan 33 % Mar . 700 25% j E Gas & Fuel Assn 83 Apr ~1 common—10 • prior preferred Malleable Iron States $7 Corp preferred series A—— preferred 25 1 Apr 30 .—• Jan Electric Bond & Share common —5 Jan Electrographic Corp common— Empire District Electric 5% pfd Empire Millwork Corp Emsco Manufacturing Co Mar 26% 9,200 10% 67 26% 175 10 , 1100 1 5 9% 13 % Jun 64% Jun 74 Jun 25 f 30% Jan Feb Mar 10% Mar Jan Jan 165 Mar 116 1,300 9% 7% 128% 8% 9 * • preferred Easy Washing Machine class B $2 10 Ve 66'A lOVe 100 series B Eastern Sugar Associates— Common shares of beneficial lnt,—1 $6 I ' « t D Crystal Dairies Inc Dallch '• Jan Jun 19 Va 163 7,000 8% 17 17 2.50 Lighting Inc common Curtis Manufacturing Co (Mo! Jan ■ Jun -5 * Curtis Jun Jan 5% Feb 17% 25c — 35% Jun Apr 3% Jan Apr 10% Mar July 5 July 5% 500 —————10 — 6% 15 18% — Allantie Sugar common— JUn 18 11%- Co $6 17% May Jan 4% Apr Jan Jun 9% Jan 14% 3% iirt- Drug Cuban 8% 42 Feb 4% May -'18% Crown 6% Mar £1 2s 6d u wy* Cork Cuban Tobacco common— Feb 1 Ve 23 Ve 12% Crown common 25% May 21 Ve 14% (Md)———-5 Internat'l -"A" partic • Crystal Oil Refining common Jan 74 July 12%. Mar Carreras Ltd— American dep rets A ord. American dep rets B ord 8% July 20 % Cent Petroleum 4 Va % 25% li Carey Baxter & Kennedy Ihc Carman & Co, Jun rir*A Crown Eastern 137/ % 11% Mar Feb 1 Eastern Is 19.50 22 Va 29% Mar Jun July 8% II "4 67 200 26 (ord reg)—£1 ——— Eastern 1 725 5% Milner & Co Crowley Duro •- >_• 800 24% ■ (The) Company,, Croft Jan 100 Capital City Products Co. 4,700 13,000 Vb Mar Ltd—' 77c preferred Carr-Consolidated 2,000 9% • 1 Canadian Marconi Carnation ii 20 Canadian Canners 4 Apr • Canada Southern Oils Ltd vtc Canadian 5 5 Canada Bread Co Ltd 3% 3%- Jun California Electric Power Consol 3% 100 I Calgary & Edmonton Corp Ltd Calvan 8% v- 69%-^ 8% 5 1 Petroleum Driver Products 8% 12 V* Jun common——1 —* common————1 dep receipts American Jan Jan Hi July 1% July Courtaulds Ltd— Creole 7% 7"e 6%, class A Petroleum Cosden Jun July 68 Ve Reynolds & Draper Corp common c Electric 7,100 — Drilling & Exploration Co Cable lii ;jfe% * — .— preferred Douglas Ltd— Burry Biscuit Corp 1% 5c- Mines,,— Jan 10%* 10 14% 50c 5 ~U% non-voting Jan 7 12% 6% 100 Jan July 6% 14 • Plan common convertible Mines Jan Jun 2 • preferred Burma Mar 47 2.50 class 13 Buckeye Pipe Line 60c 90 3% July 89 10 1 (EL) Co common Bruck Bunker Hill & 25% July 800 35 • 1 common Bruce 17c Feb Jan 3% 5% Coro Feb 10% Mar 200 • - cumulative junior preferred Budget Finance 10% Apr 5 •' Distillers Rubber Jan 2% • 1 preference $3 2nd preference Brown Jan 5% 19% 1,200 - 4%> 16 3% 23 23 • Brown' Company common - Jun 20% 5 Ve 10s B Format) Feb 9% July 10s American dep rects ord regular British Columbia Power class A Brown Jan 12% Tobacco— Amer dep rets ord reg British Celanese Ltd— $5 convertible Feb 3% • dep rets ord bearer Class Mar 2 • Bridgeport Gas Light Co 13 46 3% 20o Inc Jan Jan 84% 24% • 1 Works Jan 4% May 100 10 10 prior cumulative preferred—100 Borne Scrymser Co 5 Foote Gear 6% Mar 40% Apr 100 Corby Jan 9% • 5%% Brad Apr 17 10% 850 10% • Bourjois Inc, 16% 12% 10% 3 (H Ci C'o common: Jan 10% l & Co common Jun FCb 36% Co com_* common Jun 6% 38% 2,900 Jan 9% Mar ' 6% July 7 Vb 7% May Royalty Gold Feb 9 10 ,,1.251 Continental Car-Na var Corp— 1 Continental Commercial Corp 1 Continental Foundry & Machine Co—1 Cook Paint & Varnish Co • B 37 40 Va OH Continental Air Lines Inc— Cont Aviation & Engineering— Class Mar ; 22% Liquidating * Consolidated Mining & Smeit'g Ltd—• Cornucopia Jan 9 Jan 5'A 2Q% 1 50c 1 iH) Distillery Ltd— Class A voting, 10 24'A Consolidated 2% Mar July 2% July • 39% 23% 13 1,400 4 Black Starr & Gorhanr class Bohack 200 15% 13% 1 common Blumenthal (Si 5 Ve 15% 25* Inc Blrdsboro Steel Fdry & Mach Blauner's 200 Jan 11% Mar IV4 Mar 14 1 Benson & Hedges common: Blckford's Inc 800 5% 5% 8% Jun Apr 21'A May __ -r 1 of Canada common Watch 5% 6% 10 1% 1% 1 Inc: Aircraft common Bell Telephone Benrus 400 — 1 common Shoe Corp, (A Si 6,300 10% . 1% __50o Inc Beau-Brummell Beck ~7% 1 Refractories (Li "7 10% "7% 1 Feb 2 15,700 2% 2% • Steel Corp Baumann : to 50o Ltd Barcelona Tr Light & Power Ltd Barium Jan 6 4% July 6% Mar Securities Baldwin 12% 4% , 1,700 300 800 5,900 4/V 4'% 12 ,_1 A Jun 8% 6'A 11 Feb May 80 6% Machinery— Consolidated Gas Utilities Jan 10% Mar 89 '8% — Corp 50 100 8% Feb 79 Jun 68 Ve Fund Inc 1950 8% 100 5'A common,——20 Consolidated Engineering 24% Jun 6 V4 --ill- -1 10 Colonial Sand & Stone Co———-——1 Colts Manufacturing Co——; —10 Columbia Machinery <56 Eng Corp—10c Commodore Hotel Inc 1 Community Public Service j—10 Consolidated B 67 7 Products Co *' Coastal Caribbean Oils vtc —_—10c Cockshutt Farm Equipment Co *" Colon Development ordinary Compo Shoe Vtc ext to 50 •_*_ -t- Club Aluminum rt 119% July Jun 104 100 96 94% Clinchlield Coal Corp a 200 1% 1% • 96 & Clayton Feb J 71% 7% Lambert Manufacturing—4 Jun 10 1 preferred Corp Feb Co Hosiery Jan 22% July 36 1" 1 5 Manufacturing Co— Neon Ilic 4% Mar 29% Mar 75 82 Jan Jun 22 »/e 8% 1 Claroslat 1,100 116 116% 118 Machine Collieries Jan 19% 8% 116 1 Automatic Steel Products Inc Voting 22% Mar 109 2U0 Jun 3% 4,400 9 Jan 6% 3la 4% 81% Cherry-Burreil common— -5 Chesebrough Manufacturing .com 10 Chicago Rivet & Machine——-—--4 Chief Consolidated Mining——, -1 Circle Wire & Cable Corp 5 City Auto Stamping — 5 City Specialty Stores inc 1 4% % convertible preferred— 50 Clark (The) D L Co Clark Controller Co 1 17% 8% 19% 6% non-cum Apr 5% May 4 Ve 9 -10 Corp common Charter Oil Co Ltd 3% July 71 1 2.50 Charis 6% 26Ve 10 ——2 10 America— 3% 4% July 22 Ve 1 100 Aircraft Co common Jan 15 15,500 8% 17% Jan 7% 600 ,9% 9 Apr 4! 5,000 12 12 101 May 5% July 15 1,000 5% 18% 50 Corp warrants Atlas Plywood Corp Jan 9% Atlas Ayshire July Jan 4% 12% div) arrear 17% 4% • Atlantic Coast Fisheries, Automatic Cessna Chamberlin Co of 13% Mar Si Atlantic Coast Line Co Non-voting Jan Apr Tel- & (ex $43 A 33 % Mar ' 4% 100 Products Central Power & Light 4% pld Century Electric Co common Century Investors Inc Convertible preference Jan 5% 17% Mar Jun 1,100 6,300 5 4 ,* Ohio Steel 15% 800 , 7% May 5% Feb 3% July 200 3% 16Ve 3% Co— preferred 3.50% Central 63 15% 4 preference $1.40 series 34% July 54 300 13% Jan preference $1.50 Conv High Lew 3% series Conv Central Maine Power Jun 28% 1,400 27% Ltd—— Explorers Central Illinois Secur Corp Range Since Jan. 1 High 4% 1 ,1 1—__1 Corporation Central Shares 15% (AM) & Co —10 Corp of America——.—1 Jan 31 25 32 Associated Electric Industries— American dep rets leg j an 9% 23% 57% • 50 2.50 Associated Laundries of America Jan 23% 1 , Jun 12 % 5% Apex-Electric Manufacturing Co 1 Appalachian Elec Power 4%% pfd—100 Argus Cameras Inc 1 Arkansas Fuel Oil Corp 0 Arkansas Louisiana Gas Co ■ Arkansas Power & Light $7 pfd • Armstrong Rubber Co class A Jan 22% 2.40 Angostura-Wupperman Jan 1% May 47 9% <1 —— 1% Apr 23% Anglo-Lautaro Nitrate Corp— "A" shares May Jan 44 • S Lead Mines Ltd Anchor Post Products,____— 4% Mar 24 Jan 800 common . Anacon % 1% Car Co class A—1 lAmerican Bantam American 22% 100 21% Jnc Industries Ambrook 1 Casco Products common,,— • • 25o Industries common Aluminum Carter common/ W) Co (J 90 89% 100 preferred— Goods Manufacturing 3% Mar Jan 2Ve for Week Loio Par 900 Aluminum $3.75 cumulative Sale Price High Low 3'A 3 1 Brewing Co Co of America Altes Range Since Jan. 1 Low Range of Prices Last STOCKS American Stock Exchange Sales Week'a Friday Sales Friday Jan 150 Mar ~ 25'A 25 V* 26 800 25 % July Feb 27% 15% 14% 16% 9,400 24 % 23 Ve 24% 15,800 12 V» 11% 12 Ve 1,300 100 6% ■ — 200 6% — — 20 101 • Feb 30 Va Mar 13% Apr 14% July 22% Jun ?* J 23 % Mar 11 12-i Jun 104% 6% July r% * 100 17% Apr July Feb Jan July Volume 178 Number 5243 The Commercial and Financial Chronicle ... (411) AMERICAN STOCK EXCHANGE RANGE Friday Week's Last Range American Stock _ Exchange of Prices Shares Sale Price Par . Equity Corp $2 common convertible Low ._10c 2 1 33 prelerred Esquire Inc Eurexa Corporation Ltd Warrants $1 ENDED Fargo Camera Oils Friday STOCKS Low 2'/8 5,900 33'/a 500 1% % 10,200 74 74 200 20% 21% 120 It; % _ 2% 35 Jan % Mar 5% Feb li°0 Jan i°6 % July 20 Jan Jan Feb 32% Mar May Sterling Fishman Flying Fore <M Kennedy's Philaj Class A B oi iPeteri 210 Kcnvvell Oils Kidde ord new 62% 73la Jun 4% July 9% Jan 7% May Jun 11 6,900 7 July 10% 63 % 62% 2,900 59 Jun 69% Mar 68% Jun 73% Mar 3% Jun 63% 4 37 4 b 2.600 France- A) May 7];] Jan ~7% ~774 £1 leg & Mines Ltd 1 Kings County & Co Lighting common Klrby Mar Jan 4 Knott M % % % 7.600 % ~ _i 6 1.25 Co 10 7u 6% 400 7 7 5 7% 4,300 10 Va 1,000 10% Geilman Alig Co Alloys Builders Supply Corp com Co Feb IS May 5% May 7% 8 Apr 10% Jiuy Jan May ll74i Mar OuLdoor Adv Corp $5 6% pfd___ C) Glen Alden Glenuiore Glooe Coal Co 1% Mines 2 1st 14 Vi Jan, 17 Jun 15 Jun 18 Jan 12% 12% 200 11% Jan 12'/a 101% 10% Greer 200 Jun 11% Jan 3 3 % 2,400 3 July 4'/a Feb 114 1% Hi- 1,900 1 % July 2 7 Mar 8 Va May 1 Laclede-Christy Company L'Aiglon Apparel Inc g Lake 1 Shore Mines 3 Apr 2% Feb Lakey Foundry & Machine: 1 Corp of Delaware Locke Feb Longines-Wifctnauer 28% 1.108 Jail Mar Heller 1 9% 1,600 %f 4% Mar 9 Jun 100 11 July 12% May Mapes Consolidated Mfg Co 12 Apr 15'% Marconi International 200 17 12% Feb 11% 3,200 800 12 July 23 400 22 Jun 48 150 35 Jun 7% Jan Feb 22 Jun 8 % Mar Marion Power Massey Harris 27% Mays (J W) Feb 800 151 152% 1 Co 52% Jan Jun 27'% 27 % July Jan 5% Jan 52% 14% 15% 6 % 7 % 14.200 Jun Jan 1% 1,000 50 % 3,600 If/4 Juiy 4% Hercules Higbie f ;Hoe Steel 5% • 164% July 135% Jun Jun Apr 57% Mar Michigan x21 Feb 8 Jun Apr & Co Holopfaane Co preferred class 50 200 4 '/a 1,600 10% 1,400 400 3% 8% 200 Hardurt common & Lock 5 common Refining capital stock—* & Manufacturing Co Hydro-Electric Hygradc Food 5 Securities Products Jun 3% July 7-/4 July 17% Jan Jan 18% Apr July Jan 4% 12% 27 Jan May 21% July Feb 71% Mar 9% May 7% 9 Jun 12 Jun Jun 16% Jan 27/B 2,400 2% Jan 11 = 101 102 80 26 1,200 63% 4,000 3=% 1,200 25% 26 61% 63 3 3% % May Jan July 3% Mar 15 Jan 16 Jan 46% Mar 152 {Illinois'Zinc Co 32% American dep receipts registered—£1 Imperial Oil (Canada) capital stock—* Imperial Tobacco Impenal Tob of of .Canada Gt Brit & 35- 5,400 13% of North 5 International Metal Petroleum International ■Iron. Fireman Irenite Irving Industries 200 89 86% T 89 87% I , A— 3fr • 31' 22£4 -24% 5 10% 1 . -k 100 — t * 13% _1 v ^ Chute 6% c — 2|7 a 1 13; 6% 10% 13% 7 60% Mt Jun 23% 74% 200 Julian Jupiter Kaiser Gas & 1 1 common— 20% Jan 38% Mar 12% July Electric Fcr footnotes see J Jan 6% Feb National Fuel Jun 28% Jun 37 Jan National 9% Jan 11% July National 7% 83 Jun 100 80 Apr 100% Jun 25 Feb Hess Bellas 4%% pfd 100 Inc. industries National Presto Jan National Radiator Co Mar xl 13% Mar 12 74 12 12 74 1374 14 V\ 1,200 774 July 14 % Mar 12% Jun 15% Jan 11 Jun 13 Jan Jan 26% Mar 13% July 5 Feb 17'/2 Mar 24% 1374 14 74 450 574 14% 25'A 57b 100 257/4 25 400 2% 500 2% 5 20% Feb 4% 1,400 24 24% 300 34% 36 % 4,300 3% 3% 2,000 xll% May Jan Mar 3'/4 Mar Jan Jun 1,100 U 74 5% 29 2Vz May 30% 5 4% lV/z 1174 5% Mar 33 V2 Mar 15 Va Jan xlOO 36 y8 Jun 103 'A Mar 22 Jan 25y2.Mar 29% July 2%. Jan 86 80 99% 100 July 96 Jun 88 '/♦ Jun ~2% 2% 162% 162% 47 700 4% 1,500 474 a 40 300 4 4 100 16 16% 6,500 99 16% 17% 10074 420 2,800 27% 100 100 8 8 8 • 3 74 3 2774 33% 6% 36 250 674 36 7 2,600 57% 4 157. Jun 34% May 47/s. Jan 96% Mar 14 % Feb 96.% Jun 2% May 25'/a Jan 96% Mar 3'/a 169 Jan Jan 37% Mar 5% Mar 37/a July. 17 Va July Jan Mar 103 ya 2%, Jun 3% Mar 17 74 Ltd^ National Steel 30'% Mar National Transit 10 12 National Union Radio.— Meter Apr 2% May 10% May Jan 6% July 3% July 32% 5% 84 Car Jan Jan Apr 12 Jan Jan Nestle Le Tel England & Idria 572 Mar 3% 23 Apr Jan 17 Va Mar 114- 4% Mar Jan Jan 33 % Mar 7%: Jun 9% Jan 27 Jan 6% July 42'% Jun 8 Va Mar Auction York & New Co Mexico Park & 57% Mar Jan New Arizona Land Mining York Founders Apr 5y2 July 4% 87/s —2 Co Jan 21/* Jan 13% Jun 16% Mar Jan 17 Jan _2 7b ~2% - 2% 3 A Jan 3 July 21J 98:500 3 28,400 12 274 900 Mi- Jan 1% Jan Jun 13% Mar 9% July 12 12 10% Mar 12 Jun 15 14«A 15 3,200 12 16% 1474 1674 2,700 13%- Jan 20 19% 20 25'A 37b 15y2 Mar 17 Jan 20 July, 25% 200 25 Apr 27% 374 1,800 3% Jun 2,400 274 2274 Jan 4% Mar 2% Apr 3 200 20% Jan 25 % 4% 2% 227s 2% Jan 21 700 Jun Jan ' 1 40c —100 1 20 Jan 6,400 5,800 -10 1 2% 2'A 13% 14 1 _10c Jun 14'%, 2'A 1 .25c 17'A Mar 3%. Jan Apr 4-%. Jan 2 1,880 2 A July 110 Va Jun 3% 3% 800 2Va, Jan 4% May 8% 2 8% 300 5% Jan 10 Va May 1% 2 16 113 iV 112 3% 2% 113 6,700 {5 May 115% 50c "l% 1% 7,400 I1/* 49 Va 48% 50 3,800 47'/a Jun 60% 1 17% 16'/a 17% 4,300 16 Va Jun 23 1 Co Zinc Process 3% Mar 1 105 3,000 15% 25 Chem & Min York Jan Tel— convertible preferred New 98% July 5 74 30c New Haven Clock & Watch New July 4% —2.50 common: Dominion Oil Ltd New British New New 3 5 V* 1 common Co Mur 5% Mar Jun 5% 700 —- common 17% Mar 1% Jun 400 5% May 15% 5 7;4 16% 1 Va 1% 2,600 1 Jun 1 July Feb 1% July Jan May l7/8Mar 57 Jan 62 Va Mar common • 9% 9% 100 x9% Jun 10%May Honduras Rosario 10 26% 26% 350 25 Apr 28% Mar 7 May Co common Co Shipbuilding shares 57% -* 57% 25 10 9 Feb Corp— 1 19% 19 page 33. 1 % Mar Jan 11% July 600 14% Jun - 18- Jan 7 .—1 — Products Starch National Jan 22% July Juiy 10 July 474 ... Machinery July 100% 13 8 3,200 1,200 —4 National Research Corp 16 100% Apr 1,600 1 774 7% 14 y2 Mar 75 18,500 12% IS 1 15% common- Mlg & Stores common Petroleum Ltd —JPhoenix Industries—J_ National 3 37 a 1174 12 5'/a Gas 20,500 3 Mar —1 Co Milling 3% 374 8 60 Jan Dehydrating & Alfalfa 20% —-— New York Merchandise Corp 374 Mar Jun 1 Inc. 3" 16,100 2%, July ._10 Corp 3% i« 774 July N Nachman New 2 Apr 21% Mar Jan Jan Jan New Jersey 16% 10 50c common Muter Company 4 2 1174 674 1 Mfg Co.—— 5 Ring common——2.50 Co 74 6 55 1 600 ie ♦ 10c Muntz TV Inc 4% 2 Jan 1474- Jun 600 500 1 Products— Metal Clemens 4% 16 Oils Ltd— Motors Kansas _10c Jan 4'% Mar 400 100 •' cumulative preferred 4 Vernon-Woodbury Mills 2.50 Mountain Slates Power common—7.25 Mountain States Tel & Tel 100 4% O'Mahoney Inc & Kokenge Co 9% 200 1,500 6% New Jerry 15'% Jan 4 Va Mar 5 X common 2% 674 class A—.—* Ward & Co Murray Ohio 3'% July Jun 600 26 V2 Mar 15'% May Jun ~2% Mt 4%% Jeannelte Glass Co pid class A Society com Loan Monroe Muskogee Jun 600 Jan xl3 674 100 series B„ 100 4.50% preferred scrios C 100 Feb 80 3% Jan "274 cumul preferred 4.80% Jan 27 -- Feb 7% * Molybdenum Corp Pictures common Monongahela Power Co— 4.40% cumulative preferred Mar 103 300 17 ' 50 Monogram 30 450 1,300 3 4 7% 50c Light 5% & Pwr 107 100 . 10,400 1074 1674 17 1 Neptune 24% Feb Jan 1274 July 5,400 5 — Public Service common May 20% 10 ,1,000 . 27/b • Canada National Rubber capital stock-* Manufacturing j 103% 106% Co— Inc—• Air 11 % 274 * common of -25% July 101 6% May 50 Products j ..3.9CA -preferred 6,200 lit? • $3.50 series Investors Royalty Iowa Public Service Co Corp National 31% 274 50c convertible preferred 4%% 5% sdp2 31% pl'd__100 America.. Intel national 600 :i 5 International Cigar Machinery International Hydro-Electric— Preferred 14% Ireland—£1 Indianapolis Pwr & Light 4% Insurance Co Wohl Miller Mining National 14% common—A— shares piping Co Narnm-Loeser's Imperial Chemical Industries— j Midwest Feb « , dividend Muskegon Piston 18% July 4% May > .— 34% Feb 13% July 137 101 Feb' Jan 100 2,000 22 600 14% 1 Mid-West1 Refineries Minnesota 12% 19 1274 14 V* ' Missouri 11% 19 300 12 74 14% 2.50 * 10 common Mid-West Abrasive Feb 14% May 99 Co Jan 30 800 -44 • >i_5 Jan 23% 600 * 24'/a Mar 34% 40 Products— Steel noi.-cum Midvale Apr 2% 1,900 175 100 Harvey) Inc 5% 12 % 11% 13% —* preferred Jun Jan 14% 137b 10% May 3,300 1 Montgomery 800 Feb 2674 July 200 74 preferred—* Moody Investors participation pfd Morris Plan Corp of America.— 12 9'% 16% July 24'% common $1 conv Feb 117b 10% 24 y4 Corp Corp Jun 27b Baking Co_ Hardart $2 Hone Oil 3% 1-5 ; & Oil preferred 6'/o 9 —• Co Steel Tube 6% . Jun Jun 1 2% July 8 Va 23% May 7% ■ 15 700 ? 3% July Jan 24% Corp 400 8 Va 14 Vz 700 18 Iuc^ 27b 14 Va 1,400 8% Feb May 1 preferred Bumper 774 11% 14 5 2074 8% 874 10 1 7% 10 20% —- 25c 2% 7% 13% & Feb Jun 68% July 77/a Jan 1 A) 1% 9% 5,390 100 53% Mar Jan Jan 2 100 2j % 4 16% Jan 1% 13% ..2.50 A: & Hurd 580 1% 24 * — * Michigan Sugar Co common;.— Jan Jun 90 % 1 Horn < 52% %% 10c Horn 5% 14% 1 ; Jun 150 20%, 20%, lnu„— Humble 5% Mar 100 common <Geo HubbeW 3% 23 % 7% 2 .Holly Stores Inc Hormei 1% July 4 100 Hollinger Consol Gold Mines .Horder's 200 900 3*/B • common convertible <Rl 1% 23 % 125 10% Brothers 'Michigan 4% 700 5 Jan 30% — 28 —10 Corp common Participating Michaels 2% Mar 1% 2'/a 28 Va 26% ■ „ 16% Co—— Textile Middle States Petroleum 4 17% Warrants Micromanic 2% 13% 22 Jan Chapman & Scott Corp— Mel-rift Mesabi Iron 19'/a Mar 10 % Jun Jan 14 1 11% July 2'/a 11 18 200 10 Co Mfg Jan 10% 100 500 167/4 1 Jan 1.% 11% 21 15% 17 common 17 2 Products Mfg Co 0% Mcnasco Mar 8 4 24 Feb 20% — 5 Co 10% 51% common Co & 200 1% , & Gl 600 51% . Holt & Co (A Johnson Mead Midland * July 11% • — 20% 1 17% 1% — £1 Inc common Aircraft Corp— 11% * preferred Henry McDonnell 11% —1 — 15% 10 17% 1 - 12 * 21% Mar 15% July 5,800 —10c . 1,300 Feb 144% 50% '7 25c common— 12% common McWilliams Dredging common 131 1% Ltd Co Shovel McKec 450 1% 25 preferred- 12% Jan July Marine 1 % Mar 375 134% 134% 16 A_ 12% • 86 % Mar Jun 700 16 —' 49% July * Jun 22 7% Co Jun . 24 % • Communication Jan 13% Mar 41 15% '16% (The B) II! July 35 16 common- 9,200 ' Manischewitz 62% May 54 % May 76 '6% Service Stores Mangel Midland Corp 49% July M 100 , 12% —5 Inc 3874 4674 1 —1 : 75 ' 49% 0 100 _1 Feb Jan 45 Vz July 14 Vz 10 150 11% 7'% 674 ' Jun 18 Co 15,500 2 44 6'A 37% Mar 1 Land & Exploration Corp Metal Brewery 42% 65/s July 50 25 44 Co 1 u 200 6% 44 Apr Jun 43 Vz May Apr common! 79 15% 674 6% 6% 44 — 6V2 3% 3'/4 July Jan 20'% 13% July Public 45% 51 800 1,800 13J/s May1 41'A Apr Maine 37 25 374 39% 38 250 Maokiulosh-Hemphill 78% _9c Jan 3% — 16% May 17 »A Mar 200 Feb 1,600 37 T—50c 5% Jan Apr 14% Jun 3% 22% 134% Jun 7'/2 — 39% 8% Jun 13% 14% 3% 47 ♦ 14% 300 Jun 23 stock 100 14% Feb 14% Feb 7 '/a 8% 15% 14 Jan Jan 9% 14% 108% 12 7 3,400 8% 15% 474 9 14% Co 117 8 _1 Rubinstein common 5Vz'/f Lynch 6'/2 July 14% 5 Watch 106 50 Lithographing Co Class Louisiana 700 Feb 1 Chain Jun 9% 5 Electric Light Brewing Co Hastings j\lfg Co Helena Steel Jan 1 — 34'% Mar 6% 4»A 2 Apr 9% Jun 8V2 — • 5% • — Dept Slores Hecla Mining Co Mar A 1774 Mar 6% July 672 — 10 • Jun 50O 2,100 1 cumulative preferredGroceterias-class A 5% Jun * inc Hearu Liberty Fabrics of N Y Loblaw July * Hartford Hazel tine 1 112 % 12'/» 1 Leases Bakeries 5 25c Inc 50 3% 19 Bridge Co Ltd Hathaway University— common (R G) Jan 5 Harvaid Havana Realty Le Tourneau 5 12 800 47 B 6% Jan 9% 10 Laboratories Ine_ Hamilton Lefcourt 10 Machine Extension 2% 19 Paper Lump Co, Monotype Salle Feb H Hall La 12% 3% Grocery, Stores Products common—5 Gypsum Lime & Alabastine * Haeian Lanston 13% 4'/4 6% 67/a 5 Jan 18 % Mar 13% 1 Ltd 99% 100 Western Feb 10% 3% Jun 18% preferred Griesedieck Jan Pacitic Tea— Freehold Jan . 10% Jun 11% Inc Hydraulics Griaoii % July 20c 1% 13% Lakes Oil & Chemical Co Great Northern 9% Mar 200 103% * common Feb 37% Mar 4,400 10% 13% Co.._, Grand Rapids Varnisli Gray Manufacturing Co— 7% 3% Jun Apr 8% 33%c Kropp (The) Forge Co Kroy Oils Ltd Krueger Brewing Co 87/a Gorham Manufacturing common 4 Graham-Paige Motors 5% conv pid—25 Non-voting Jun 28 A 100 11% . Great 100 15% 3,400 • . & 2% 1,100 9 July % 112% 112% 1 ; $4.5o prior preferred— GoldfieJd Consolidated Mines Goodman Manufacturing Co Atlantic 900 32 9 Feb 10 36 % July 7.50 100 ♦ Godchaux Sugars class A. Class B Great 3% 317/u 32% 34'% Mar 15% 10% 10%' .• Distilleries class B Union 5% May 12 % 1% July 103 2 10% j—* & Jun 100 » Corp 300 9% 30" 100 common Gilchrist Co„— Glacomg Mc.Bean 8% 3 32 l Stores 5% 9 %30 l Gold Jan 105% May Jun 1% July 16 % * Veilovvknife A 100 —20 Gerity Mich Corp.. Gilbert 22% 3% July 9% 200 1% 50c common preferred—*- Giani 2 1% 5 Public Service $0 prelerred Power $0 prelerred—- Georgia 17u 1% 10 convertible prelerred—. General 2 Apr 102% Mar £1 common Plywood 5% Jan 1,200 35% 12 % May 10 common Rubber Co. Class B dep rets ord reg Finance Corp 5% pid A General 21 200 25 American General Jan 10 9% 35% Apr 1% July Jun 8% July 6% 3,600 1 convertible prelerred General Electric Co Ltd— Pneprooiing 3% 10% ♦ . 5"f Geneial 20 3% 10 % 1 General 100 10% 1 Corp 21% 105% 105 % 100 common Acceptance General General 21% • prelerred— General 1 % 25 » Power Co common u 1,300 26% 97a 3 Va Co Ltd— Lamson & Sessions Co 5% 1% 10 35% Lamson Gatinea 1% 10 25'/a Mar 13% , 5 Co (I B) Hotels 1% 1 1 G (D Emil) Kobacker Jan High Apr 11 y. 10 Lake Kleinert 21% 100 * Petroleum Klein 100 12% 50 50c preferred Kirkland Jan. 1 Low 22 5 cumulative preferred— Range Since High 12% * (Walter) Shares 22 5 Key Co common 3 f6 ~774 .___* Brewing—. (Geo 5,300 Ltd— rets oi 25% Mar July 11*8 Jan 5 A- July 3,600 j 65 4% 23 19,500 ^ 5% 64 % _5 74 • . American deposit receipts bearer Pitt Brewing Co Fuller 5 1 l Fort Fox 1,500 2% 5 • Canaua— Co ciep Motor 25 2% • 18 10 l non-voting voting__ Motor Amer 23 2% 2.50 Inc Tiger Lines Inc Class Foro t Co Inc for Week of Prices Low • Kingston Products 24 0 Inc H) Motor Foro 1 25c As.-ociauou Firth Instrument Co Sales Range Sale Price Par Kawneer 4% Petroleums Ltd Week's Last Exchange High Jan 32% July 5% 10 Ltd Federated Fire & 31 American Stock F Falrchild JULY Range Since Jan. 1 high 2 32% 25c or common WEEK Sales 1 Euit*.* ripe Line FOR for Week STOCKS 1 20'% 4,500 15ya Jan 20% Apr 31 Chronicle The Commercial and Financial 32 Monday, August 3, 1953 ... (412) AMERICAN STOCK EXCHANGE RANGE Friday Week's Last Range of Prices Lites Noma Inc Amer North — 4%% Pub Serv Ind Novadel-Agene 1% July 2% Mar 1,600 3% July 4% May 1,600 2% 2ft Jun 4,300 41 % "3% 44 % Jan 1,600 3% 20 82% Jun 91% 40 23% 24% 22-.4 Mar Apr 83% 91 % 87% July 20% Jan 4 1,800' Apr 3ft May Feb 83% 91% Jan 3% Mar Jun Mi} 19 % • Corp % 1% May 2% RR Co Penn Northern Mar 20% Mar 41% 41 41 % Airlines Northeast 19 July i 3,800 1 .—25 8 1 50 pfd__100 Oil Texas Central 3% 15% July 16 American Stock Exchange 1,500 '/a $3 preferred_50 North Canadian Oils Ltd North 3% 3% la Corp Laboratories American Rayon North 1% Ltd—- dep rets old shares Norden 2,300 . 1 Selby Shoe Co Radio Corp. Sentinel 4% Corp Jan 27% Mar class Co Brass B 1,400 74 200 14% 5 2,700 474 July 600 37 % May 44 Jan 65 76% Jan Sherwin-Williams common preferred Canada of Sherwin-Williams . common,! Co Company Jan 3% Jan Singer 18 Jun 20% Apr 79 69 80% 550 63 Apr 80% July Singer Manufacturing Co Ltd— Amer dep rets ord registered 10% 10% 300 9% Jan 16 % Jan Smith 6% 6% 100 6 Jan 6% Feb Sonotone 25 common preferred cumulative 1 7 Filters United Oliver ,— clpss B.—. Pacific Can Co 20% May South Penn Oil Co 36 % 37 '/a 400 36 Jun 52% Jan Southern California 17% 18 700 16% Jun 19% Feb 13% 14 1,000 12 Jun 16% 3274 1,900 30% Jun 34 % 25 28% 2874 287a 300 27 Jun 31% Jan 26% 2674 600 25% Jun 287a Mar 26% 2674 6% redeemable Jst preferred 6% redeemable red 4.80% Pacific 25 —25 26% A__25 1st pfd series preferred 1st 26 % Lighting $4.50 preferred™ $4.40 div cum preferred $4.75 dividend preferred Pacific Northern • Public 1st $1.30 Service pfd Page-Hersey Pancoastal Pantepec Oil Paramount (C A) Jan '96% 230 91% Jun 10274 Jan 101 % Jan 101 9 9 74 101 760 3 274 3 3,800 10% 14,000 10174 10174 25 2074 100 974 10 % 2074 — vtc 2 Bol "l74 shares 1 Bol 4% Corp ~2 174 19,600 Jun 96 101 2% July 9% July 3% May Jun 13% Mar 97% Jun 103 % Jan 17 Apr 21% Jun Apr 25 % Feb 67% July 1% Feb 5,800 i 4 67 72 July 272 jun 63 4% 4 1 Company,.. Jun 24% • • A) Amer Motors Park Chemical (C Jan 27% • Tubes common Petroleum 28% Jun 90 100 : Jan Jun 23% • common preferred 28% 25% 2,000 95 % -- l Pacific Power & Light 5% Jun 600 26% 1 Airlines 25% 26% • Pacific Petroleums Ltd Pacific 1,200 26% 25% . 25 Jan Feb 5% Mar 60 Feb 3% — Apr 4% Mar 1374 14% 500 12% Jun 14% July a 15 13% 15 1,300 12% Jun 15 Parkersburg Rig & Reel Patchogue Plymouth Mills 1 1574 1474 1574 2,500 14% Jun Patlcan Co Ltd a 574 ~6% 1,200 26% May 5% Feb Parker Pen Class class Co A a B , Peninsular Telephone • 6 2674 27 2774 25 800 27 2774 300 25 $1.30 cumulative cumulative $1.32 Penn preferred Traffic Pennroad preferred 23 ; 2.50 Co Corp Power & Light 4%% Penn Water & Power Pep Boys pfd 13 Perfect Circle Corp Pierce Governor Plnchin Pioneer Gold I Mines Amer Ltd Polaris Scale Mining Corp 6% Inc. 500 1.100 67 14% 300 2,800 6 Jun Feb Jan 41% Mar 374 Jan 59'% July 7074 Mar 13 Jun 16% Feb 4% Jun 67a 3% Jan 3 % 374 300 1774 300 1% 600 "1% 2% 1,300 69% 70% 1,020 4 17% July 1% 70% common 2*% Jan 2% Jun 3% Mar 57% Jan Mar 75 100 33 Jun 38% 8% 200 8 Apr 11 3 200 374 23% Mar 4% 1,400 1,700 6% Jun 8% Mar 275 33% Jun 40s,a Mar 35% 35 35% Feb 7 674 * Jan Mar 3% 2% July 20% Feb 3% 3% 2.50 common 3% May 110 Jan 600 Jun 44% Feb 9% 9% 400 9 Jun 10 % Jan 1174 11% 300 10 Jan 12% Mar —1 2ft 2% 213 31,100 1% Apr 3ft —1 Mines Ltd 174 174 174 5,400 1% Apr Producers Corp of NevadfL B__. • 37% June 2% Jun 8% 8 8 100 7% Apr 9% Mar 874 • Providence Gas 874 400 8 Jun 9% Feb Public Service of Colorado— 4%% Puget Sound Pulp & Timber Pyle-Natlonal Co Sun (S) 100 __ com common 75 93% 95 28 28% 300 33% 28% • 33% 150 90 101 May 25% Feb _ Utility Investment A _• l Reading Tube Corp class A_L Rels Co Richmond Finch Inc class A v I. c 3074 Mar Jun Field Royalite Russeks Oil B Ave Texas Power & Light Thew Shovel Thlokol Thor Roofing Tlahman Corp X474 5% 174 Jan 274 Jun 47a 5 700 47a Feb 6 % Apr 150 19% Jan 2074 Apr 19% 19% Feb Jan 1374 13% 14 200 1374 Jun 17% 39 38 % 39 800 38 Jun 41% Mar 5,800 11 Jan 17 2074 Jan 2474 July 16% 167 a 24% 24 % 2474 1,650 13% 13% 1374 8,500 13% 13% 600 214 214 12 % 13 145 1678 Mar Jun 1574 Mar July 203% Feb July 214 % Apr July 10% May 8% 8% 8 % 1,200 8'/a July 4 374 4 400 374 July 6% Feb 4% 5 Jan 3 474 Jun 6% 3% 1,800 274 Jun 4% 29% May 34% Jan 27a 800 Jun 374 Jan 16 % 16% 100 16% Jan 18 15% 1574 1,400 % "2% 157 a 600 14% Jan 1874 May 9% 1,200 8% Jan 9% Mar 2% 2,000 374 100 974 8% 774 18% 1774 9 2 % 2% 374 20% 21 2% 2 Feb Mar 3% Mar Jan Jan 4 3% July 23% Mar 20% Jan 8% 2,300 6% Jan 974 Apr Jun 31% Jan 18% 500 17% Feb 20'% Feb 474 33 175 28 Feb 5% Jan 3374 July 32% 13 33% 325 X2774 Feb 3% 374 600 3% Jun 4 Jan 50 10% Jan 16 Mar 12 Jun 13 13 13 13 13 % 127a 46% 300 15 1574 7,600 1574 Jan Jun 15 Jan Jun 47% 14'A 50 45% 15% 1174 40 200 1274 Jun 17% May 95 • 8 27 27% 700 2574 12% 22 12% 127a 2,300 1174 20 19 22 3,000 17 25c 1774 17% 18 250 1 1 Inc 7% 7% 7% 17% 300 6 '/a Feb Jan 31% May Feb 1774 Apr Jan 28% May July 18% 13% Mar 900 17% 10574 May 27% Construction 7% Jan Jun Jun 16'/a Jun 1974 Mar 35% 5 Todd Shipyard Corp common Apr 40 May Lux Corp Trl-Continental % Mar ft Jan 150 51 4874 Jun 374 Jun 474 Jan 8574 Jun 97% Jan 1% Jun 3% 374 1,300 93% 374 93% 93% 100 Feb 58 274 Feb 1% 1 warrants. True Temper Corp • Trunz 21% July Ulan 200 2!< It! 213 5,600 2ft July 4 Jan 3 3% 2,300 274 July 4 Jan 374 4 374 5% Jan • Jan 1% 274 3% 4 Tonopah Mining of Nevada Empire Oils Ltd Trans Mar 6 574 July 50% 20 70c 100 1 • Toklan Royalty Corp 4 Toledo Edison 4 % % preferred Inc Realization Corp Chemical Gas of 17,500 19% 17 Jun 300 17 18% Jan 1974 July 10 19 19% ajn Union Investment Jan 23 % May Union OH Co Feb 57% May 3V4 July 4% $3.75 16% Apr 18 174 Jan Jan Co Apr 6% Feb 47'a Mar United 6% 674 200 6% July 972 Feb Apr United 22% 2374 25 5 25 5 2 17a Mar 287i H 100 2 - 500 17a July 27% 500 17a July 2% 2 % 2% 2,000 87% 867a 815 a 290 82 7% 2174 2174 600 21% 21% 21% 39% 40 200 2,400 Jun 19% July 26% 37V* Apr 43% May Jan 14% Mar 14% 14% 1474 2,700 14% 14 1474 600 Jun 3% 3 74 374 5% 5 74 5% May Air 8 Foil U, 8 and U 1st 1 _i 35% 2fV 2% 13% 2% class U S Radiator U 8 Rubber 700 3 July 4% Mar 500 4% Jan 6% Mar Universal 6 300 2% 1.200 137,4 2.000 174 3,800 174 Sr-f . 25% 25%. _ ...6Q0 I500 2% 2% 300 • Corp General 2% 14% 14 74 14% 100 Western "Air11 n e s— Securities 112 1 Ltd Seaboard Inc see page 33. 2 «. 47a May Jun 43 Mar 13 Jan 221 300 3974 38 % July 3 Jun '. so 16% 1,100 27 s 3 1974 Co 2,500 6% 87%, 774 19 % 72 174 113 1.500 25 35 72 37% 6% 19% July Jan 2,600 3474 Apr 43% Jan 6% 1,400 8% Jan 8774 88 7 % 8 %! 6 Jun 8%-----3,TOO" 7% July 1,100 96 74 Mar 11% 1% 14% .. „7 Jun..'". 7 74 46 49 174 41% 400 274 July Jan Feb Jan Jun 3774 Jan 274 J my 10 3% Jan 31 "2% "2% ..6'J 27a .6 Feb 5174 May .2474 21 % Mar 2,400 Feb 15% May 2 Feb 28v ivjan Jun 2)5 Jan Jun 4 '' Valspar Corp/common $4 convertible 1 preferred — - 200- i ; 6 .Vanadium-Alloys .Steel Co. • Venezuelan Venezuela Petroleum Syndicate Inc .—4. 1 .... = 20%- 20c 374 —.10 27% =25:% .25 19M :207a 3%' 3% —ft 5.00 -*■■*" 25 -1,300 -1674 • 15% ~ Feb Jan Virginia Iron Coal & Coke Co Vogt Manufacturing 2, 3% 1,900 -" July 13 % -'-v40"or- v' 30%-Jan Jam -"*"'23% "'Apr 200 27% 1374 600 13 M£y 5.... JJLar Jun July" 28 774 Mar 83 Juh' ~ 27 - ■i 76% Jan 8 —5: ■—3%v Feb Jan Apr 1% "63V 2% July 87% July 200 - "774 Feb Jun 52% 10 B 374 Jan 14% 775 2 10 common Jan Jan 1974 Mar Jan 5,900 50c Sugar 4 0 74 3874 3574 !„1 _a Jun 34% July " 3774 ' Feb ft Mar 6% Mar 14% 174 8.200 3 18% 65 • 23574 Jun Jan Mar •274 May Jan- 1% July Jan 3874 Mar 2% July .11% Jan 4% Mar Jan ft May 660 1674 1 common Reclaiming Co Insurance 3874 36 • United Stores Corp common Universal Consolidated Oil 15,700 Jan 6 8% July 20 ■' id 39 * warrants.; 6 % Mar 2ft A »«• 36 1 Securities with 16% Mar Apr 80 4 V4 » : ' B International 177 a Mar 30% 35% 200 222% 222% ft „ * Jan 3,100 100 9 96 374 __10o Jan 3574 Apr 10% Jun " 12%. i • 2 5% 6 ~~i . 35 47'a 25 i preferred Utah-Idaho 8% i__l 6 - 2,000 25 common common 12 127/a 4% Feb Jan July Jun 8 88% 10 preferred Co 38 25 Conditioning Corp conv 100 200 38 474 100 common U S Finishing Co $4 8% 92% 10s preferred United Shoe Marchinery Preferred 1 Jun 31 Jan 7374 July 474 • rets ord registered United Profit Sharing Mar 8% 374 974 37a July 267a 100 common United Specialties 7% 200 Ltd— Co Feb 26 5,100 92 common—50c United NJ RR & Canal 10% 4 31 20 Products Jan 2% July *10 Omaha 2% Jun 39% dep of Products 94'ft Jun 21% Jan Milk Amer 2% July 27% Mar Yards Aircraft United Molasses Jan 2% 8 1% 2 2% 300 Jan % Jun 22% July 25% July Stock 700 37a 30% • A United Elastic Corp 14 % 5 Union ' 4 series 5% i common • 2% 4 31 8 of California— preferred 3% Jan 274 100 Corp Canada 100 250 common For footnotes 600 2,500 Trust Co Ltd— ord registered—£1 deposit rets def registered—5s 43 % • ... Bros 7% May % 1% 1674 19 72 Mar 1 Inc Seeman Jan 6 Amer deposit rets Amer 21 »/2 1 Sapphire Savoy Oil Inc (Del).. Sayre & Fisher Brick Co Oils Feb 47-4 1 Stocks Allied 50 i Ltd common Petroleums Ltd Scurry 3374 Mar 174 * 1 Inc Realty & & Universal Products - 3574 Mar 3% July 8 $4.56 ptd Markets 1,700 s Scullln Steel Co Inc common 5074 1.25 Petroleum Inc Jan 2874 Mar Jun 6 ___25c • —1 18 Corp 1,000 • common Consolidated A) 48 Mar 38 5 1 * common Corporation Thorofare Tllo Co Chemical 22% l Ryerson & Haynes common (D 100 1 10c 1 * Technicolor Inc common 49 a Ryan Schulte 41% 8 5% Jo Co Schick Jan May 1% —5 • 5 common 3% 5 common Aeronautical Lawrence Mar 874 Mar 40% 1 • Electric Co common Tampa U S Ryan Bt 100 1 common 2274 £l Ltd Co Fifth 5% 41% 20 1 10 3474 July 100 pfd F Inc Corp 11 Jun 674 July 5% 2.78 1 Apr l 4% Rotary Electric Steel Co (The) Mar July Royce Ltd— Rowe 49 974 T Class 374 50c Amer dep rets ord reg Rome Cable Corp common.. Roosevelt Jun 100 1 Oil Corp Swan 574 I Mining Co Valley Gas Co— (Texas Corp) Jan 33% 1 1 Portland Cement & Die Co 50 • Radiator Rochester Gas & Elec 8 10% 1 10 Tool Superior 22% 8 Argentine Rio Grande Rolls • l . Reliance Electric & Engineering Rlce-Stix Inc Rico io 1 Co & Jun common 1 Co Shoe 5% — Co 10o (Robert) 24% Products com Inc 6.25 B Pump Regal 26 74 Jun Corp Union Packing Co common Raymond Concrete Pile common Reda Jun 22 % 74 u Co Rath Class Jun 22% Corp Unexcelled & 28% 1,000 22% 14 io R Railway 800 24^a Co Q Power 3074 19% 8 Manufacturing Quebec 30 % common Ray Drug common Superior 574 Mar 2374 Corp & Jan 31% 6 * Stop & Shop Inc— Stroock Jan Jan 19 Jan 4% 26 Co common (Hugo) 18% 100 Trans cumulative preferred Pyrene Stlnnes 1,200 ' 4% Tobacco Security 3974 9% 11% 39 4% 700 Inc (J B) Tobacco i 3974 __ „ 267a Co Engine Stetson 47a Jan 33'/a Corporation Sterling 4% 33 % & Co common Jan 112 July 2.50 America Sterling 42 74 3% July 26% Sterling Aluminum Brewers 36% July 100 ' 40 (The) Corp of Canada ordinary Sterling 2,500 374 374 150 Standard Tube class B (A) Feb 5% Mar 177a Mar 44 Light common Products Parts 32 Jan Feb - 42 preferred Standard-Thomson Stein Jan 474 12% 37% 37% * Steel 29% 600 2,600 42 Corp Jan Jun 2% lo 3774 100 5 14 74 Jun preferred Steel Co 32 474 1374 34 (Ky) May 21% 8% 34 32 14% * 8tarrett Jan 474 Mar 1,100 Common class B Standard 21 % Feb 2,500 preferred— convertible Standard Packaging $7 Jan 374 Feb Jan 17% • ioo class 35% 14% Mar 108 374 17% Mar 21% — 1 Corp Standard Dredging Convertible Feb 21% Jan 6% Co Standard Power & 105 Jun July 16 35% Spencer Shoe Corp Btahl-Meyer Inc Standard Brewing Co Talon 574 34 25c Preston East Dome Co Jun • common Metals of Prosperity Jun 95 i Lambert Co_ Pressed 12 300 14 8 1st preferred Pratt & 5,300 2% l I_50 Co Canada of Prentice-Hall Feb 64 6 l common Powdrell & Alexander Power Jan 5% 14 % l Valley Wine Co Pneumatic 28% shares..10s Piper Aircraft Corp common Pittsburgh & Lake Erie™ Pittsburgh Metallurgical common Pittsburgh Railways Co Pleasant Apr July 36% 35% 10o Ltd May 5 67 • common Johnson Jan 3% 2.50 Packing Co Phillips Screw Co Jan 28 74 26% i Peppereil Manufacturing Co (Mass)__20 Phillips 23% May 100 13 1274 36 .« (The) 30 Jun 26 % 100 101 '/a 102 74 —■ Jun 5% 5'/a 100 Co Feb Jan 7% May 277a 27 2774 l common Penn 17 % 36 21% 27 • common $1 cumulative preferred 26 July Royalty Oil 1,300 96% 10% Pipe Line $1.60 474 20 34 preferred preferred— cumulative Standard 500 Feb Edison— cumulative Standard Forgings 99 1678 8% Jun 10% 4.32% Southland 1,400 13% Mar 19 3% 25 25 25 25 25 1 5 Southern 68% x71 99 25 4.08% 3874 35% original preferred 4.88 "Jo cumulative preferred 4.56% convertible preference 4.48% convertible preference Jan 73/4 Mar 1 1 common 6% Jan 32 % 177a Mar 12.50 common— common Jan 32 % 1st preferred Coast Corp South 18 8 6% Manufacturing Boss 25 1st pfd„_25 common preferred 1st 9 % Mar 20% 17% 1 _ Electric 6% Pacific Gas & 5%% — 23% Mar 5% July 20% -1 Securities 17% July 5% O'oklep Copper Co Ltd Amer shares.lOs Overseas 1,300 6 Paper Mills 20% 37% 1674 £1 .* 1 Corp 5% 1 Inc Omar 150 18% 17% * Radio & T'elev Inc Olympic Manufacturing Co. (Howard) * — • 1 * 20 Pattern common Ltd common 1,800 107 68% —-—1 2,700 Jun ft Mar Jan Publications— convertible preferred $3 Simplicity 4% • * Corp of America class A Sicks Breweries Ltd Jun Jan 5 1174 Mar 4% 38 % • Shoe 2% 2ft May % • 5 • 25 100 4% Apr 2,900 Water & Power Shawinigan Jun 5 6 19 % 95 600 16 2% 230 5% 7/2 18% 102% 103 5% 1% 15 % May 674 Jan 1574 2% 102% Jan x5% Shattuck Denn Mining Jan 57 % Mar 117a High Feb 250 13 74 18% 100 Natural Gas Old Town Corp common 40c 2% Jan 1% 574 7.50 Ltd Okonite Jun 12 7a 6,500 20c Simpson's preferred 4 %s Oils 1% 48 Range Since Jan. 1 Low 1% 10c 1 90o Ohio Power Okalta Oklahoma 700 1% • common 1% B class Seton Leather common Silex 50o Ogden Corp common bnaies High Inc Control Safety Servomechanisms Jan Mar 92 98 % Sentry 1% 1 common for Week 01 mces Low 1 —12.50 8egal Lock & Hardware Sales Range Par Slmmons-Boardman Ohio Week'* Last Sale Price aigh Serrick — Products Metal Non-Ferrous 16% 1% 1 1 Mines Nlplssing 16% 16 16% • Pond Niles-Bement Range Since Jan. 1 Low 1,200 15% 1 Share Corp common 31 STOCKS High Low Par Niagara JULY ENDED Friday Shares Sale Price Exchange WEEK for Week STOCKS American Stuck FOR Sales ~ 8%-Mar~ Jun 3934 Jan July 1474 Apr Volume 178 Number 5243 The Commercial and Financial Chronicle ... (413) AMERICAN STOCK EXCHANGE RANGE Friday STOCKS Week'* Last American Stock Exchange Range Sale Frice For of Fricea LOW Aircraft Wagner 7% Co Baking • ctfa voting ext • preferred Sbarea Ward Webb series Wentworth • Western Homestead Oils Ltd lOo 1A • 5% Western Maryland Western Tablet & Ry 7% — Stationary Inc Auto Stores 5 Vzf/c conv preferred (Win) & Co Wichita River Oil Corp 1 Wickes Products Petroleums 5% Inc Ltd common 4 %% pfd Woodley Petroleum Jun 1,000 4 40 110 4% 112 common 13 Va Jun 5 113 Mar 5% 395 preference Jan 7% Jun Jan 200 Feb Mar 34% May 13% July 23% Jan 18% Jan 18% 150 17 24% 100 23% 14 Va 1,100 8% 800 8 Jun 12 50 22 Jun 25 8% 22 22 5% 400 6% 3,150 % 19« — 12% 6% 9 Jan £1 — • 2 39 33 IS 2% Jun 3% Mar Jan Jun __ 14 2 2 A Jan 15 value, 45 36% 41% 29% 32 5 4% 5 40 3 6% 4% 4% 20 3% 6% a Stock and Bond Below listed 38 May on -Bonds10 May '''" 10 30 20 IB Total 10 First Second 10 Indus¬ Rail¬ Util¬ 65 Indus¬ Grade Grade Util¬ trials roads ities Stocks trials Ralls Rails ities ■ Cat* 6 Jan May 3 % May July 2 Feb 2% Feb July 7% July Averages the daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co.: are -stock*- 16% Mar 44 Va May 3,600 44 4% Jan-July June-Dec Jan Apr — 43% 37% Bonds Mar 105% 13% —— 34% 2 yEx-rlghts. z Ex-liquidatlng dividend. and asked prices; no sales being transacted during current week. being traded flat. 8 Reported in receivership. Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v" non-voting stock; "v t c," voting-trust certificate*; "w 1," when issued; "w w," with warrants; "x w," without warrant*. A 3 — 37 100% $Friday's bid Jan 12 500 68 96 Deferred delivery transaction (not Included In year'a range), d Ex-Interest. • Odd-lot transaction (not included in year's range), f Ex-dlstribution. 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. Feb % July 14% 40% 1919 1921 6% Mar *14% 98 250 6%s Mar Feb 4% 10 14% Government •No par ■ — 39 $30 39 J&n-July Ht§M 57% 100% May Apr Apr 225 101 40 3% Jan 8 600 — 40% Jan Jan - Feb 33,700 3 12% 18% 11% Jan ■ __ 14 25% Mar 4% 1,100 8% 101 Feb 2% 4% 2% Mar 13% July i — 14% 5* Wright Hargreaves Ltd 1% Jun 179 13% 12% 40% Low Jan July 1A July A5%s Jan Ltd— deposit receipts Feb May 189 24% — 8 6% *148 2% 18 % — 2 American 220 "ft 1 Woodall Industries Inc (F W) ARussian 5% 100 Newspaper Machine Woolworth Jan — 25 Lt 1% 8% 1 & Jan 13% 5% 1 preferred Pwr 1 20 1 Wijrieh Wisconsin 17,300 1,800 • Willson Wood 1% 15,700 — 40 Sinking fund 3s Jan 1 1997 Rio de Janeiro stamped (Plan A)— Interest reduced to 2% 2012 1ft 5 Brothers Jan 5% 8% 1 (The) Corp Williams (R C) & Co Wilson 10 13% 1A — $34 Jan-July Jan 5% 13"% 1 Whitman Mar-Sepf Jan. 1 No. $50 $100 Range Sine* Sold High June-Dec 2008 Bond* Bid A Asded June-Dec 1997 Jan l%July — 25 Inc E 6% — 5 White's to 2 Yes (Republic of)— s f 2%s series 3% 4% 13% 1 Whirlpool Corp Extl 150 32% lo Weyenberg Shoe Mfg Peru 300 182% 182'% 20 Westmoreland Jan May 1% • com Coal Interest reduced Jun 1% 14 9% 110 1st pfd__100 Westmoreland 110 Va Jan AMortgage Bank of Chile 6a 1931 Mortgage Bank of Denmark 5a 1972 Parana stamped (Plan A)— 9 162% 167 4% • Western Leaseholds Ltd 2,200 11% Sal« Price Low 1 166 1.25 Texas 8% Mar Apr 100 Period 1% 1% Manufacturing Utilities $0 pfd West 3% Mar Jan 1 1,200 Last American Stock Exchang* 9% lOo preference 105 10 1% 12% Week'a Rang* or Friday'* Interest 8% __ • & Knapp Inc $6 1% I 31 Rffl 2% July 7% July 400 1% — _1 Baking Co warrants Corp Wasatch 7% 12% — 30 common 100 108 % 108% 1 cumulative preferred Waltham Watch Co JULY Range Since Jan. 1 Lois 2% 7% — ENDED Friday High 2% 100 Waitt & Bond Inc $2 2% WEEK BONDS w Waco FOR Balea for Week Total 40 i Bond* 105.22 48.85 105.75 96.07 93.88 94.96 27. 268.46 103.70 48.66 104.94 95.13 94.84 96.01 94.01 94.99 28 July 269.76 269.13 103.09 48.65 104.88 95.27 94.88 96.09 94.00 95.06 24 95.07 94.85 July Friday BONDS Week'a Rang* or Friday's Interest Period American Stock Exchange Last Sale Prle* Bid & Aaked Low Appalachian Bethlehem Boston Elec Steel Edison Chicago 3%s Power 6s 2%s Transit 1st A 1970 N B 1993 Gas & 4$ series Fuel 3%s May-Nov May Jan-July Water Lt & RR 5s 1956 Ercole Marrelli Elec Mig Co— A6%s with Nov 1 1940 coupon 1953 A6%s ex Nov 1 1947 coupon 1953 Finland Residential Mtge Bank— 5s stamped 4s ser Isarco A7s ex Italian 3%s mod) Nov Nov Italian 1947 Valley trust 95% 95% 6 103 !4 103 % 1 \ "I 1st mortgage 60 6%s due Power 1st 3V4S 89 1 77 A6%s Public Oct ex Service 50-year i 97 4 93 Jan-July 59 53 — & 3%s series A and 1968 series 1965 ____Mar-Sepf Jan-July Feb-Aug 1973 Feb-Aug mortgage Starrett (Hugo) 7-4s Stinnes 3rd 2nd 3%s A7s stamped Aug Dec 1 Dec 1 Waldorf-Astoria A 5s __ ' 1 „ 127% 3 139% .77 23 98 coupon 1940 coupon 100 99 103 3 93 101 87 141 141 — 144 99% $83 91% 77% 99 99% __ 99 130% 2 105 95% __ — 97 ,97% 94% 99% 94% Low —0.6 207.0 186.0 Manufacturing 215.0 216.2 —0.6 235.6 211.1 185.7 187.8 —1.1 210.2 185.4 241.8 242.1 —0.1 259.1 234.6 221.3 222.5 —0.5 242.0 216.8 119.1 118.6 + 0.4 125.2 115.4 205.2 204.7 235.1 237.0 Durable Goods Non-durable Goods Transportation Utility Trade, Finance — and Service __ + 0.2 202.8 213.8 —0.8 268.3 . •* 1 ' '■> ;\V n '' .234.2 >. ■' u t 95% 97 99 92 96 95% 101% 93 21 $9512 98 $83 88 $82 3 102 98 90% 93 • „ 87 101% 83 93 83 — — Daily, Weekly and Yearly 101% 94 - Stocks Week Ended July 31,1953 Jan-July 140 144 9 112% , 142 7 112 Shares July 31_ 1953 — 1,778,000 260,000 June-Dec 1956 238,000 "~5l00O 2,567,000 $9,880,000 $1,500,000 $8,000 $11,388,000 of shares 90 77 Government 8. International — 1954 ; 104% June-Deo 102% — c $30 104 102 $105 Jan.; 1952 to July 31 1952 195 3 215,214,711 5,552,083 197,079,825 $35,000 —. 104% 102% 108 3 5 $98,050 $8,000 $32,000 621,000 544,000 1,500,000 9,880,000 1,109,500 58,576,340 44,439,740 13,543,000 419,895,500 376,863,300 $11,388,000 $14,684,500 $479,127,840 $421,945,090 Bank - ■ Foreign Railroad and Industrial. 1960 i 5,800,439 Bonds +85 — 2,417,000 2,040,000 2,048,000 2,324,000 ■ 1951 U. 1956 $2,316,000 Week Ended July 31 — Sales 174,000 1,318,679 $30 — 89 "2I006 1,962,000 1,874,000 1,208,300 5,800,439 Blocks—No. $85 $1,000 $373,000 455,000 147 Feb-Aug Bond Bonds lni'l $1,942,000 1,080,700 140% 139 Government Bonds Bonds 995,360 July 27 Tues. July 28 Wed. July 29 Thurs. July 30. Fri. Total Bank Bonds andMiscel. 1,197,400 Mon. 88% United States Foreign Railroad "Number of Total 1953 Exchange 91 96% 9 Transactions at the New York Slock 95% 75 ——; 95 Feb-Aug June-Dec 102% 99 106% 104 — 106% 1 99% Total. 112 101 Newspaper Union— conv s debentures f 1959 Feb-Aug 99% 99% 99% Transactions at the American Stock Exchange Daily, Weekly and Yearly Foreign Governments and Municipalities Friday BONDS Interest American Stock Exchang* Period Last Agricultural Mortgage Bank or Friday's Bid & Asked External Municipal 5%s AExternal High Bonds Bold Mo. Low MUM $92% Jan-July $92% June-Deo $67 % — — — 92 93 93 — — 93 68 60 Loan— 1955-. Mon. July 27 Wed. $100 101% 99% 99% 99% ~2 —Jan-July __Mar-Sept 15% 15% 10 $46% 47% 2008 __May-No© $40 stamped 1951 Mortgage Bank of Bogota— A7s (issue of May 1927) 1947 __June-Dec $67% 88 July 28 July 29 July 30 Thurs. Fri. July 31 1,425,795 AExternal 6%s Interest AMedellin reduced stamped 1952 6%s stamped 1958. (Plan A)— to 2%s 7s (Issue of Oct 1927) 1947 Foreign Government Bonds Bonds $22,000 $104,000 Corporate Bonds $5,000 Total Bonds $131,000 71,000 20,000 10,000 101,000 74,000 41,000 6,000 121,000 24,000 13,000 30,000 67,000 65,000 25,000 17,000 107,000 $338,000 $121,000 $68,000 $527,000 101 99% Week Ended July 31 Danzig Port & Waterways— ALlma City (Peru) Maranhao stamped Shares) . 310,160 253,830 270,060 285,080 306,665 Total —May-No© 1953 Domestie of Week Ended July 31, 1953 Tues. AprfZ-Oct —Feb-Aug 5s Jan. 1 Foreign (Number Rang* Bins* (Col)— A 20-year 7s April 1946 A20-year 7s Jan 1947 Bogota (See Mortgage Bank of)— ACauca Valley 7s 1948 Cons Stocks Week's Rang* Low A7a 1953— High Change , 190.1 147% 90 ' 97% $95% — 95% f95 $93% Jan-July Mar-Sept Danish July 17, '53 189.0 — — 6 77 __ Washington Water Power 3%s 1964_ Traction 5s r 90 __ Hotel— income debentures 1 Percent July 24, '53 103% 90% 4 April-Ocf coupon 80 prices of the common and by major indus¬ try groups compared with the preceding week and with highs and lows for the current year are as follows (1939 = 100): 85 Co— 1947 45.06 May The SEC Index of stock prices based on the closing ended July 24, 1953 for composite Mining $85 May-No© 1946—— 1940 49.67 Jan Low (35 Stocks) 104 »•; •• West Penn Western 31 Industries— ex Aug 1 1947 coupon Electric Service Co— ex 97 100 98 April-Oct stamped 1946 with A7s with 1970 1989 A6%s United April-Ocf trust 1966 5s coll Hydro-Electric A6%s 1970 L. Electric 47.08 July Range for 1952 High SEG Index of Stock Prices Corp— (Hugo) A7-4s Terni & 46.90 85 (Calif)— & Bros 5s Corp Inc Stinnes 3%s 1971 3s Gas G) (A 100% 101% $30 Jan-July May-No© 1976 1st 46.67 Co— D Spalding 76 6 85 97% series Gas 138% 97% 3%s Southwestern 85 101 . 3s B 138 85 1960—April-Oct Feb-Aug Counties 85% 79 % 2 99% 1976 Gas 101 99 C Southern 13 1 $94 series California 92% June-Dec 2%s Southern 88% 75% 27 . 85 April-Oct 1998—.^. Edison 3s 81% 101 138% April-Oct 1964 1973-—~ M ref 91 __ Jan-July Jan-July 1963 Gas 29 July Composite Safe Harbor Water Power Corp 3s 1981 Sapphire Petroleums Ltd 5s conv deb 1962_Jan-jMly California 75% — 85 1947 coupon 1960 1 Wed. 59% II 80% 91 .May-No© coupon debentures 17 102 $30 April-Oct Co— 1940 1 Electric 6% Southern _I Jan-July Oct 2 44.99 Jun 28 Range for 1953 stocks for the week 1953—^ Hydro-Electric with 49.80 Feb 46.61 89 97 81% 1970 A6%s High Low 70% $54 Mar-No© 1st mortgage 3s 1971 Pennsylvania Water & Power 3'/4s Piedmont 46.81 Thurs. July 30 106% 75% ~ $85 1952 3%s Closing July 27 Tues. July 101 95% 103 Ltd—• mortgage Date— 63 89 97 ctfs to Average (35 Stocks) Compiled by National Quotation Bureau, Inc. Compiled by National Quotation Bureau, Inc. 1961__. extended 1953 Over-ihe-Gounter Industrial Slock 68% 56 1 6%s h $30 1952 1963 to England Power 3'/4S 6s 7 12 $85 June-Dec 1963 6s 4% 95.12 Mon. 59 RR— at 95.12 94.27 01% Trust— Nippon Electric Power Co A 84 65% Jan-July coupon Realization Superpower Extended 1st 90 58 __ May-Nov 1970 liquidating Midland , 88% 64% May-Nop 19,63 coupon 94.14 96.05 96% RR— 1940 1 1 Power A6% % Ohio 91 Hydro-Electric Co— with A 10 65% Mar-Sept Power Western & (stmpd A7s New 94% 58% Mar-Sepl 1961 Mountain Guantanamo 96.14 94.95 Fri. 1965 Elmira Green 95.00 95.21 l 1993 mortgage 95.21 106.36 150% 88% 88% 105.37 49.05 102% 94% Jan-July 48.89 104.98 BUM 96% 150 RR— A Eastern Low 22 $125 Division— J 103.55 272.82 Jan. 1 No. 991/3 270.43 30. Range Bin** 8*Id High 99 __ June-Dec 1947-1978 of Western of mortgage 4s series A 1st June-Bee Quar-Feb 29 July Bond* Authority— Delaware Lack & Lackawanna 1970 1998 1 series series revenue 3%s Aug 33 1953 12,/ 17% 43 49 42% 43% Domestic 63% •9 Foreign government Stocks—No. of shares. 19 52 Jan. 1 to 1953 July 31 1952 1,425,795 1,480,210 62,096,684 68,182,042 $338,000 Bonds — — Foreign corporate .-May- No? —Aprll-OcjP $63 Va — $63% — — 63% 03% Total. $204,000 $7,762,000 $6,874,000 121,000 98,000 11,279,000 6,581,000 68,000 108,000 3,346,000 3,242,000 t * Financial Chronicle The Commercial and 34 ... Monday, August 3, 1953 (414) OUT-OF-TOWN MARKETS FOR RANCH ILLY 31 WEEK ENDED Boston Stock Friday Sale Price 100 ——* Tel & (American Woolen Anaconda L Personal Boston Gas Eastern 5% 13% Jan 15% 9% 40 25% 94% 40% 100 26 94% 100 3p 25 93 78% 10 80% 10% 95 194 78% July 9% May — — __ 40 100 „ 21 21 55 100 19 19 100 44% 44% 40 41% 71 73% 39% x40% 691 370 66 32% 10% 63% 29% 171 153 70 * — — 73% — 1 .* — Bakeries Kennecott Copper —— —— 10% 61% 9% 39'% 110 Corp 1 — 20 % 2Q1/« 21 20'/» Narragansett Racing Association 1 —" 12% 12'/h 100 19% 10c 20% : lie 168 Cement — Corp—_—.—10 ——5 6 National Service Cos __—_——1 New England Electric System -20 New England Tel & Tel-——.100 Nash-Kelvinator — — _— New 13% — RR—100 Butte Mining ———— 2.50 New Haven & Hart York North 28% 38% — Chemical Corp Mfg RR Quincy Mining Co Pennsylvania , Association — 19 * • — Co Torrington 95% — 27% • - United Fruit United Shoe U S Waldorf 13% Co Petroleum 45 Apr 46 Ford 9c 700 Jan 12 July x81 34 Jun 41% 13% 54 13'A 43 40% 13 'A 44% 40% 25% May 14% 17% 100 s 33% Feb 1(00 May ' — 25 531 27 23% Mar 11% Jun 21% Jan 28% Jan 37% . 12.50 4% Jan Electric Allen Brewing Altes Big Metal Bower Roller Bearing — «._j f Jan -- * Luckenheimer # Meteor _ % 63% '100 ———— — •• 5 class B — — * ' — 50 94% Jun 2% 9 31% Mar Jun 26% Jun 19% May 47%' 75 35% 76% 157 73% 4% 3,875 3% 50% Mar Jan 4% Jan 15 98 Jan 10 18% 38% 48 28 Apr 10% Jun 23% Mar Alar 35 29 Mar 15 Feb 6% 55 58 54 4% Mar Jan 7% Jun 77% ° 14 20% Jan 102% 91% July 76% 39% July July 54 May 26% 26 26 Jun 30% Mar 42 140 36 '/8 Jan 22% 300 20 Jan % 50 _10 1 —— Avco 33% 14% ' Lima-Hamilton 3 828 2 21% 21% Feb 3 60 64 211 61% 211 Jun 59% 211 Jun 18 16 Jan 3% Feb 68 % Jan Jun 211 July 22 26 26 12 Jan 13% Mar 144 12% 25% 25 Ohio —25 23 Mar 26% May Service Columbia * Gas Dayton Power & Light 7 Du Kodak 15 69'A 32% July Jun —— 25 25% 25% 160 23% Jan 97 10 38 38 % 801 35% Apr Edison 177 35% Jun 14% Jun I8V2 Mar 10 9% July 8% 12 26 45 25% Jun 33% 55 35% Jun 41% 70% 70% 20 79 Hardware Mfg Detroit Detroit-Mich Mongul July 95% 82 8 32 150 30% Jun 12% 13'A 5675 12% Jun 15 34% 35'A 175 33% Jun 94% 97% 100 91% 38% Mar 100 % Feb July 41% Jun 43 40% Api- 47% 71% 71% 40 66% Apr 74% May 60% 58 60 % 99 57% Jun 69% 13 13 40 12% July 13 28 27% 28 60 27% July 33% 3 • National N Y Ohio Co Inc Distillers * 13 13 * ; 583 4 58% Jan Jan 18% 50 11% Jun 13 Jan 5 58'A Jun 59% Jan Packard Pennsylvania 17% Jun 22% 25 115 20% Apr 25% July 56% 117 51% May 56% July 4% 4% 45 4% July 18% 21% 21 21% 89 14% .14% * 24% 23% 24 3A • RR. 49% 49% 49% 50 Pepsi-Cola 33V3c Radio Corp Republic 40 23% 24% a4 Steel Schenley Industries Roebuck 6% 23% Jan. 19% Jun 200 10% Jun Sinclair Secony 22% Jun 29% 60 45% Jun 49'A July Jan 59% 15 35% j. Vacuum Southern Southern Co Standard Oil 112 23% Jun 28% Jan 59% 11 55% Apr 60% Feb 37% 15 36 Jun 35% 47 32% Apr 37% Jan 5 (N J) for footnotes see page 15 15 15 10 13% Jun 16% Feb 46% 46% 46% 10 45% Jun 48 % July 10 1 43. 35% July 2*7 % Mar 5% July 635 5% 5% 4% May 5 4% 5 1,001 58% 60 3,449 58 Jun 100 4 Jun 4 4 •, Metal Clemens 7% Mar Jan 8 69% Feb 4% Mar 15% 16 540 15% Mar 17% Mar 15% 15% 15% 750 15VB July 16 % 8% 8% 8% 888 7% Mar 11% 11% 350 11% July 3% 370 3% 300 ; 25 25 3 25 3 1% 400 7% 1% 33% 33% July 5% Mar 27% Mar 3 2% Jun 1% May ■- '3% Mar 4% 35 3 Jan Feb Jun 4% Jan 5% Jan 3% May 4% Jan 3% 3% 105 3% 2% F eb 3 700 -4 1,867 3% Mar 333 3% July 4 i3 % May 3% Jan -534 Mar 3% 19% 4rH v . 3% 19% 125 18% Jun 24 Feb 3% —4 —10 preferred Murray Corporation Jan 33% 4% 3 Jan May 16% 859 34 4% (i'/r 10 24 % July 100 , 1 Products——.1 Products Screw Mount 3% 200 3% Jun 4 Mar V, Motor Parke Davis 1 Welding— — Prophet (Fred Motors (H Rickel River Rudy W) Raisin 1 ——2 —_— & Co Paper Tool —• Union Investment Screw Jan 308 6 % 1,200 19% 100 19 % July % 100 1% July 1% 1 9 3 Alar 7 23% May Apr 360 8% Jan 9% May VH 100 2Va Jan 4 Jun 14% 14% 14% 640 13 % 16% 15% 16 % 541 15 % 100 3% July July May 15% Mar 17% Mar =3% Mar 3% 3 20% 21 526 20% July 25 11%! ■p- —5 Mar 12 VH 285 11% July 14%. Mar —4 8% 8% 120 8 % July 9% Mar Lj—1 Corporation. Wayne 5% 17 % 6% 9 1 Axle _i 19% Mar 3 VH _-_.li Die & 44% Mar Jan 1% —10 Manufacturing Jun 16% 19% 1 Manufacturing 30% 17% 5 —i 965 1,065 6% -f 1 Co B) Jan 64 4% 33% 19% —* Pfeiffer Brewing Reo 4% July 4% 32% —• Car.—— —;— 1 % 1% 600 1% July 1% May : — ...; —— Products Los 12% -1 Angeles Stock Exchange Week's Range Friday STOCKS Last : of Prices Sale Price Admiral Corp Low —...—1 (Un) —• (Un)—___—1 (Un) Airlines American — Inc (Un) American Brd-Para Thea yy a49 __ .1 12% 36% -10 Radiator & SS (Un) ——* Smelting & Refining <Un)_* a 46% Can American A— 1 ... Alleghany Corp Allis-Chalmers Co (Un) American Cyanamid Co American Tel & Tel (U11) Co | 25% 25% a3% a3% a48% a49% Shares Range Since Jan. 1 Low 100 10 25 Jun 4% May 185 48 13% 14% 230 13% 216 14 36% 36% a443/8 a47% 370 13% 310 13% 167 31% July 13% 14% 13% — «'• Sales for Week High 32% 32% 154% 154% 100 154% 90 July Jun 1 High 32 % Jan 5% Mar 58 Jan 15% Jan July 15% May Feb 36% July 45% July 45 % July 32% Jun 15% Feb 43% Jan 160% Jan Jan 76% July 42% July 44% July 20% Mar 25% Feb 834 32% July 100 48 a36'/2 a36'a 128 35% 10% 2,000 10% July 12% Mar 115 91% Apr 96 % May a28 a28% 180 28% Apr 33% Jan 7 375 7. Jun 8% Feb 9% 50 10 :%f— 5 50 10 3 s- ft lUni Corp 65% 95 t— Viscose Jun 50 743/4 '76% a43% a433A al83/4al9I/8 3234 333's 48 48 Tobacco American 1,486 153% a92 a94% I— 25 25 American Woolen (Un) * Anaconda Copper Alining Co (Un)—50 Anderson-Prichard Oil (Un) 10 American Armco Steel Armour Corp Co & (Un)— (111) (Un) Atlantic Avco (Un) Refining (Un) Manufacturing Corp Baldwin-Lima-Hamilton Baldwin Securities Baltimore & (Un) Ohio RR 72% 25 (Ohio) Studebaker 23 ai9% 333/a 10% 10% 43% Mar 34% * Railway Co Standard Oil 24 59% 37% ■» 135 197 July 44% Jan 55 Apr 42% Jan 15% May 105 Jan 23% -1.40 _. Mar 24% —-1 — Atchison Topeka & S F Sears 33c 190 Wines LaSalle Masco Jan July -—2 Heater Kysor Mar 3% 20e Jun 56% • 27 2% July 100 — American * i 24% July 150 1 Feb July * * Central. Oil 211 2% 20c 60 King-Seeley ———-1 Kingston -Products ——'—— 1 Kinsel Drug ——_—._———1 Kresge C6 (S S) —.10 American Inc 24% 24% Par 60 5 Harvester 6% Mar 16% Mar 2% Jan 39 Motors 3% July 13% July 20c 33% Mar 41 Greyhound Corp 200 570 15% — Jan 42% International 3% 13% '—12% — Corp Jan 3 1 Car Motors Kaiser Ffeb 6% -27% July 2% ; Electric Motors Mar Jun 2% July 38% May I —10 Bearing Manufacturing Hudson Motor Jan 24% 95% Mar 31% 79 100 5 Lamp 24% 3% 5 3 Motors Howell 2% ——1 Industries Manufacturing Hoskins 11,128 13% 13% 1 ———1 1 1 Trailer Wood 27 % 2% 5 — Brewing Chemical Co.—— Jan July 41 General & — . 5% Jan 230 6 ' 6 26% 27% „_—__——__1 Stove Steel Corp Detroit • 1 —20 1 Feb Mar Mar 79 * Ward — 2% Feb 42 Electric Mont —— Udylite 5 General Loew's —— Eros Davidson Detroit Timken-Detroit 125 Feb Jan Mar Paper Jan 14% 9% 42 Jan Feb 37% 6% July July 94% 75% July 14'A 50 35 70% July 45% 43 7 225 32 % 756 Superior 88 35 July- 70% Sheller 75% 26% 35 26 70% Jan 33% 26 % Feb Jan 10 Co Federated Department Stores Feb 200 7 2% 15'A 37% 34% 18% 17% 161% 32% 9% 5 Jun 6% Mar Apr jun 25% 32 15"% 100 14% July Apr 36% • Pont 13 152 % 26 10 —— - 10 194 37% ...25 Products 13% 153% 154% 7 13 Pacific Canadian Chesapeake & Chrysler Corp 550 . 7 150 Packard Mar 23 36% 3 16% 7 285 National Electric 1 75% 25 Amer Tobacco Co—— Anaconda Mining Armco Steel Oil 154% Apr 16 % 2% 42% Mar 13% 1 100 3% 14% Scotten-Dillon Airlines Jan Jan Jan 5% Jun 17% 210 19% May Stocks- Telephone & Telegraph Eastman 17 % 918 12% -- — Printing common City 2% 18% 3 - Gamble preferred 2% 2% Hoover Ball & Jun 22% * 3% 920 14% Hall High 24 Jan 41% 26% 10 Hobart Cities 29% 17% 52 54 1,600 3% 1 Consumers Power common Lota 37% — 4% 5 Jan 49% Mar High 4% July 4% 3 % 3% :—" Briggs Munulacturing Mfg Jan 65% Low High Low Burroughs Corp 41 May Range Since Jan. 1 Shares Brown-McLaren 58% 14 for Week Range —_5 — Consolidated 31% Mar Sales Week's of Prices 1 . General 7% * Exchange Friday — Markets.. Bear Gar 19 % 52 2-5525 WOodward : 1 1 Products ———(_2 : ' Apr Range Since Jan. 1 10 Exchange DETROIT Sale Price Freuhauf 20% -10 ... - Kroger Bald Shares Stock Exchange Midwest Stock Par Gemmer 17% 15 — American Last 14% 40% Jun 47% 10 Alachine— Tel Art Ashland Jan Lerchen & Co. STOCKS American 50% Jun 35% Jun 24% Jun 12'A Jan 41 % Jun 94% 17% 100 Transit Ins American 62% Feb xll% Jun 100 1,424 675 120 22% 2% 8^50 new —— Milling American Jun Building Feb 115% 19% Jun 10 Feb 18% July High 22% ^ ...— com — Unlisted 54 / Feb for Week of Prices Low common S $9,350 Detroit Stock Feb 19c Sale* Range 29% Corp Eagle Picher Rapid 60% Feb Exchange Week's «*/ Cincinnati Union Stock Yard— U 59% 13% May 26% July — — Gas & Elec. ■Randall 49% Mar Jan 700 44% — Champion Paper 8% Jan Telephone 26% Mar July 27% 10 Procter & 42 Apr 27% Last Carey Gibson 54 Feb Jun 23% Jun 39% Par Burger Brewing Formica % x40% July Jun 12% Jun 110% Jun 20% Jun 66c Jan 10 26 Sale Price Dow 44 — Stock Exchange Detroit 75% May 213 144 25'A STOCKS Cincinnati Jan 43% . York Stock Exchange Apr Apr 19 24 Friday Cincinnati Jun 44 % Jan 342 Cincinnati Stock Cincinnati 27 Jun .19.98 4%s_. Co May Friars Preferred Jun 37 % Members Frankenmuth Churngold 25 % 160 watling, Federal Cln. 30 39% Jan 21 21% 11'A — 54 • 12.50 8 Inc System Westinghouse Electric Corp Woodley 26% 38% BONDS Transit Cincinnati Apr 20% 11 % 13% 52% 38% __ 5 Co Rubber 26% _ — Drill———— Twist Feb 26% 39 % t2~50 — Chrysler Corp —5 Co w. • Machinery common——23 Union 72% Jan 25% 18% 23% 21% -—50 ———25 Inc Webster & Stone 13% Mar Jun Feb 11 Jan 19% July 300 2,334 80 13% 13% 112% 112% 27Vh 27% 90c 94c .1 Shawmut Jun 62'/a Steel S Westinghouse Jan Jun xl8 61 A 28% 34% Star 11% Jan 120 34 % Mar 19 Feb 40 new———1 Hathaway 43'% 30 Apr July — * * Gillette Safety Razor Co Mathieson 10 30 40% 11% Mar 9% Jun -100 General Electric M'ullins 40% July 12 % 64 >/h 5 — New National Stores Lone Jan 46% 30 12% 15% May 36% Jun — Lines Inc common.. Eastern SS First Co.. Rubber A July July 97 111 Feb 53% Rv— series A_ adjustment pfd 115,522 9% 10 new_10 preferred 1st h U S 129% May July 46 15% * .100 Eastern Massachusetts Street 6% 4,663 15% —100 Fuel Assoc com & Feb — - — Prop Providence & 45% 100 — Service Cities Jan 31% July 121% July 45 47% 26% 4V Trust— RR preferred w i 5% Boston 121% 122'% Jan 1 High • U 161% Jan, 64'/« 40% 5 -- —— Carbide Union Jun 18% July Since 64 VH Edison Toledo High Low X152 2,112 115 639 Range Low High Low * 100 Maine new & Shares Roller Bearing Tirnken Range Since Jan. 1 High 46 for Week Rv— $50 paid Stamped Sales Shares 153% 155% 18% 19 31% 33% - —— Elevated Boston 47 — Rights Boston — 25 : Edison Boston 18% 60 100 Copper Albany RR Boston & i55'/« Range of Prices Par for Week Range of Prices Low Par Tel American Week's Last gale Price Exchange Last STOCKS Sales Week's Friday STOCKS 73% 70 68 Apr 78% Jan Bandini Petroleum Co 35% 35% 30 32% Jun 38% Jan Barker 29% 30% 65 28% July 43% Feb Bros Preferred common (Un) (Un) —.— (Un) 13 lc 100 —1 10 50 — £ 7 Jun __ 9% July a9% a a3!/8 a9% a3 % 50 3% Jan 24% 25 350 23% Jun 2.90 3 525 — A 3 'c_ 1. a 15% 38 a 2.85 July 11% Mar 3% Apr 29% Mar 4.50 Apr 15% 10 15% Jun 17 Mar 38 50 38 Jan 39 Jan Volume 178 Number 5243 .. The Commercial and Financial Chronicle . (415) OUT-OF-TOWN MARKETS RANGE Friday STOCKS Week's Range of Prices Par Basin Oil Benuix Co Bethlehem Bishop Black diut- Steei Corp Uiamoua Mining Borden ; (Uni Company 60c (Un) Atlantic Canadian Case <J Celanese Cessna Ry Co Columbia Gas Commercial 26 Consolidated Iron A 16% Jan a22 Vz Jun 5% July Jun 17 33 Feb 62,% Mar 24%'July 38% a6% 50 36% 300 Jan Pacific 7% Jun Packard Jun 40% July 70 784 70 139 85% 93'A Feb 6% Apr Pan 37% Feb 41% Mar a27% a28% 150 23 % Apr 25% Mar Phelps 17% July 12% July 20% Mai¬ Philco ls Phillips 18% 21'A May 36% Mar a 19% a 25 N Y (Un) 13 335 18% a 19% 125 a33% a34 % Jan 7% Jun Jan 110 34 Apr 38% 479 35% Jun 40% 12% 13 472 11% Apr 15% 13% 20 15 'A Jun 16 17% 315 17% July 22 23 53% July 8% July __i 13% a 17% 1 1 100 52 29 15% * _1 16V2 1,967 12 ' 29 311 27% Jun 7% 100 50 25 63 Jan 2,090 4 Mar Chemical Dresser Industries* <Allen Eastern -l_____* B i. Labs de El Paso Natural Emerson (Un) (Uni Erie Railroad Exeter Oil Farmers Food (Un) Feb RKO Pictures Jan RKO Theatres Vz Feb -- Phono (Uni Tiger Line — 'Robert) Co. (Urn ____ __ Reserve Rheem 25% May General Electric Co (Un) Foods Corp (Un) General Motors Genera) Public General Util \ L_ Stores San Paper 307 24% July 42 V* July 27 Jan 46% Apr 36% Jan Servomechanisms 11% Jan Shell 13'A Jan Signal Oil 22% Jan Sinclair 1.70 417 33 293 32 300 10% Feb 103 4 % al2% 26 - Jun 13% Jan a20 100 19% Apr 1.40 14,720 62%c Jan 331 25 12 Va 1,674 25 7% 77a Jan / "• 70 331 July 355 Seaboard Sears 18% 18% 75 a24 %'a25% 105 a 73 '/a a71 % a73"% a55% a56% _/ 57%' 39 3A McBean 9V2 Jan 33 % Jan 7'A July 35 Jun | - iB Goodyear F) '39%' a 68 Va Va July 33 % Jan Tire Rubber & Great Lakes Great Northern Oil corn- a493A" Chemical.J_ ___*__1 & 52% 20 pfd (Un) Greyhound Corp (Urn Grumman "Aircraft (Un) Gulf Mobile Gulf Oil Ohio & Corp _ a . Hilton Holly Oil class Co Hotels A A— Hudson Motor Car Hunt Foods _ _ Central RR (Un) Intercoast Petroleum Interlake International Nickel International Paper Co (Uni International Tel & Tel Corp Intex Oil ___ Jones Kaiser Alum Ka.iser _ Motors Corp Power & Light Kansas — — — _ Lincoln Lion Petroleum Oil Co Lockheed Loew's 13 . 19% 347 230 20 47% 387 23% 3,239 18 251 13% Lorillard Los !___ _ 'Pi Co (Uni Co Mathieson Chemical McKesson & Menasco Mfg Merchants Merck Middle Co Inc - (Urii— Power & Mississippi River Fuel Montana-Dakota Montana Power Co Montgomery Motorola Mount (Un) Ward Inc Diablo . & Co . _ __ Inc Co 23 95 23% Jun Apr 27% Jan 1,190 22 Jun 25 a58a59% 257 56% Apr 60 % 5"% 5"% 100 .71% 71 % 226 57/a July 63% Apr Company class National 12% 19% July 1 32 Vz Apr 44 Jun ' 1.25 al2 a 13% Distillers National Supply National Theatres . Prod Corp _ see paste Jan 42 Mar 539 32 Va Jun 36% Mar 16% July Jun 20% Mar 16% 16% 125 com__25 353A 35% 36 2,259 33'/a — 39 Va Mar Jan 30% 30% 548 30 33 Mar Sperry July Calif 6% Gas pfd class A__25 Petroleum ^ new com Oil Standard of Co Oil Oil Co Calif (N J) Jun 26% Feb (Uni (Un) Studebaker Corporation 35% Mar Sunray 47% July Swift Oil & 46% Jan 210 45% July 40% July 40% July 709 27 Va 29% Mar 51% 52% 1,261 50% Jun 59% Jan a73% a74 138 71% Apr 72% Jun 72'A 72% 864 a35a35% 11% 11% a23% a24% 303 69% Jun 29% 410 18% 1,316 a37a38% 100 33 47% July 75% Jan Jun 38 F eh 10% Jun 23% - - 83 17% — Jun 34% 120 - 29% 18% • 525 13% 28 — 1 8V2 July 28 — 25 (Un) 49 % 'Mar — 1 common (Un) 16% Feb Feb __ • (Un) Corporation Co. Jun 42% __ 5 Inc 13% 690 — 10 (Un) Webster 162 45% a737/a 15 (Ohio) Stone & 2,100 — 25 (Un) 9% al5 a39% a41% — • (Un) Jun 44% 46% • Warner Corp Stanley ' 7 (Un) (Un) Mar 33 44% -- 44 Vz 1 Inc 9 26'A Feb a!4% — 5 • Brands Standard Feb 30% 2 Corp Standard Jun 11% July 27% Jan 28% July 16% Jun 43 35 Va Jan 38% Mar Feb 21% Mar 33 450 31% Jun 37% Jan a53% a55% 98 52% Jun 56 Apr 90 Jun 102 — - Mar 13 Jun 16% Feb 14 Jun 19% Jan Tidewater 50 75% May Apr Jan Assoc 83% Mar 25 a55% * __— a89% — a90 50 Feb 50c Oil (Un) Axle (Un) , 10'/b 10% 10% 100 9% Jun 12 Mar 10 23% 21% 23% 882 20% Jun 27 Mar 5 247 21% Jun 24% Feb 27'A 26% 27'A 688 25% Apr 29% Mar 1 Corp TreeSweet Products Co a21% 2 Transumerica Jun 10% a52 1.140 1.05 July 16 % Jun 1.35 55 Jan Jan Union Carbide 15% 444 15% July 19% Jan Union 11 740 10 Va Jan 12% Jan Union (Un) Corp Centurv-Fox Oil & Co Pacific 6% 6% 6% 800 15% 15% 264 17% 17% 755 Air a20% a21% 20c Jan 44c Mar United Aircraft 21% Apr 24 May United Corp 46 25% Apr 29 44 % July 3 July 19%'Jan. 48% Feb United Gas — • common 10 July Apr 17% Jan 13% Jan 19% Mar 63 250 40 42% 6,108 37% Jun 105 106% Jun 26 5 — — 6 % 15% 63 42% 50 Jan al06%al07% — 25 (Un) 5 26 63 July 72 Jan 43 Va Mar 113 Mar 26 160 24% Jun 31% Mar 37 37 385 35% Apr 39 Va Mar — 4% 47/s 100 4% July 5% Mar __ 24% 24% 208 23 Va July 29% Mar 10/32 15/32 II,400 Jan 135 (Un) Calif — —1 (Un) Lines 100 441 1 Film Carbon of RR 30c a26% a2G% 44V2 3% a a6G 44 % 3% 17% al7% a61% 42 3 — 750 Rights 5% Mar (Un) 4 U 80 % Feb United 42% 342 42% July 59% Jan Universal Consolidated Pictures 21 a9% a9% 130 87 %c 92 %c 90c 761 75c a 34% 120 33% July 19% Apr a32% a34% 21% 255 21'A 21% 279 12'A 12% 1,300 a28% a29 % < 55 420 420 15 17% 17% 354 a38% a39% 72 — 21 8% 23 Jan Jan 10 % Apr Jun 1.00 Feb July 38 Mar 26% Mar 11% Jan 25'A Jan 28 % July Jan 420 Jan 420 14% Mar Rubber Co States a38% a34 234 1.55 a34 50 2% 2% 271 1.50 1 1.60 1,500 al9 al9 50 25% 25% 100 a36^s a3638 50 a— 34% 2% 70c Jun — Apr • Oil 10 (Un) Western Lines Air Western Union Telegraph Westinghouse Elec (Un) Willys Motors (U11) Wilson & Co Woolworth (Un) 10 12% 34% Apr a__ 26% & Tube 35 Jun a28'/a a28',a 20 28 Jun July 58 160 58 34'A 35% 452 34% July 42% Jan 2.40 2.40 300 2.40 2.70 Jan 140 - _ a27 — a 18'A al8% a26% a27 Va 6% 7Va 210 a__ 30 a__ 65 10Va Jun a43% a43% a43% a44% 10 41 % Jan — — a__ a__ — — 12% Mar A — 44 120 43 % July July 49% Mar 16 16 180 12% 16 Jun 9% — 10 July 10 10 200 a44% a44% 63 • a40V» a40% a40% 35 41 Feb 43% 7c 7c 8c 11,000 9V2 July Jun 46% Mar May 7c 44 Va Feb July 13c Jan compilation of the round-lot transactions only 30% Mar 58 17%> al7 Midwest Stock Exchange 28'A Mar 17% 51% May a44% 40% Mar 20V2 July 17% Jan a9%al0% a44% 10c A 131 1 41 * (Un)_ Gold Mining Co Jan 420 225 1,169 10 —— (F W) a.^ 21 19% Jan 48 % 4 Va Mar a38 Va Mar 44 al8% al8% -- 1 1.75 July 22 Va Mar 20 V2 19 31 Jun Apr Jan a37% — Jun 37% a__ 10 35% 25% 812 al6% -- 1 340 39% 46 al7 —" (Uni ft July 25% 38 __ -1 % July 25% — 39% 21% Mar Feb 21 Va May 24% 5 Corp Chemical J3 — (Un) Steel Va-Carolino Zenda 16% 10 (when issued) Jan 64'A July 19'A 1 ./ (Un) Corp 467 50 S (Un) (Del) a66 21 __ 1 1 43. 90 Jun 28 23% 10 Inc July 35% 26% July Railway 1.75 75 284 120 15 July 343A 2,050 Mar 27 Southern 18% ' Feb 72 27 Apr 28% — 25 92 1.20 Ltd 80 37 % 34'% — -1 Co 76 37'A __ (Un)____18 preferred 30c (Un)__* _ For footnotes 5 Texas Company (Un) 1 Texas Gulf Sulphur (Un) Textron Inc 1,000 - 21% July 15'A Jan __ Mar 7% Mar 32%, May 13 % Jan a59 32% July 49 a51% 5 City Lines National A Pacific 2% Mar Apr • f 22% 20c Calif 27% Jun 23 100 150 a52 10% 1 (Uh) 16'A Mar 32% Apr 65 Mar Par Abbott Acme ——5 Laboratories Steel (J Co 10 Mfg D) Admiral 17% July Advanced Aluminum 260 18 22% 150 26% Jun Affiliated Gas 1,603 4Va Jan 7% Jan Apr Corp Castings Aetna Ball & Roller Bearing Akron Brass Bang* «f Prices Low 42'% — Sales fer Week Shares Range Since Jan. 1 LOW High High 41V2 42% 300 40 Jun 47% 23 23l/a 2®° 22% Jun 26% 1.025 16% Apr 18 Apr Jan Jun Jan Equip Mfg * 18 18 18 1 Co—: 24% Mar 30 Va Mar Last Sale Prlee 19% July 15% Mar May Week'a Friday STOCKS Adams Nash-Kelvlnator Jan 32% 23% 3 _ 12 Jun • (Uni 660 — 40 . (Un) 14"% 25 Jun Si _ Jan 23'A Company (Un) 5 — (Uni 63% preferred 40 St _ Utilities Jan Jun 14% 14% 52 4.56% 4.88% 125 St (Un) Jan 1.50 782 /Jun a407/a a41% 16%c — _ (Uni. 28% July 56 28 Va Twentieth 1 Light 80c July 53% 1 Edison Tri-Continental 1 , 26% Jun Mar 6% Apr 221 Jan 18 — I,700 27 47 30% 30c .5 _ __ J Utilities South — (Un) Petroleum & Co Minnesota — 53 80c82%c Feb 30% 18-% Mar 1 Robbins Jan 20 30% 33 100 (Um Feb 41% 400 a26% a26% 82%c • Youngstown Sheet Magnavox 5% 360 —25 23'A 10 Investment 45 47 preferred 27% July SI Angeles 20 % a6% 47 Jun 20 a41% Si _ 20% a6% 1 Jan 22% 234 1 Corp 52% Mar 188 a28 10c (Un) Aircraft 25% Mar 46'/a Jan 48J/a 24% al7 7 inc 21% Feb 48% 19% 24% a27 1 Co 23 1.017 a20% a20% Jan 14% Mar a23% a237/a Mar 15%' _ — 10% July 15% July 1.40 58 a -_^8% (Un) 85 25 24'A al7 .—2.50 Co all al5% al5% —25 al7 • Libby McNeill & Llbby al0% (Un) Universal Lane-Wells Jan Apr 29 37% July 33 V2 Jan 58 50 (Uni 4% 4% Jan Jun Jan 52% 80 22 common.—1 Kennecott Copper (Un) Kern County Land Co 3% 22% preferred 10 _ 3 Va July 640 679 __ 1 Co Calll' 10c (Un) Chemical & Preferred Steel 2,835 Apr 50% July ". 1% Jun 300 — __ Lauglilin 31/3 Jan Mar all Corp a27% 33 %C Co & 43 V 44 10 Inc Gas & Oil Aircraft United Jade Oil 43 31/3 115 1.10 —•7% (Un) Co Jun a39% a39% 2.50 Co 1.05 # 39 __ Jan 88 1% a76% a76% — 69% Mar 19% Standard al2 • Jun 28% Standard Oil (Indiana) 1.25 _ Harvester 54% 32% Jun 18 <t .Iron" (Uni International 35% 250 35 Vz Mar 10c __ Jun 480 65 19% 100 _ 29 121 30 a54% a55% 24% Co.: & Timkin-Detrolt Illinois Feb 790 30 __ __ 551 65 a34% a34% — 42% 37 Southern 21% Mar .12% . July 21'A Southern 40 23% ___6% — 32 29% 34% Mar 1 Inc 279 37 Southern Jan 5 Development Jan a31%a33% 21 % Feb Jan 47% 1 Corp 30% 28 % Sylvania Electric Prod Hancock 28% July B May July 69% 17 1% — 95 5 50 ■ — Apr a28 July 24'A Ry 75 Va 55 577/a July 26% Jan 35 a47% a49% 0 Jan 15% • 50 25 _ 23 Vz Jan (Un) Southern 46 13 __1 (Un) (Uni_ Jun 11 1 Feb 740 3 _ 71 19% Mar 39% a53% a56% 56% 67% Mar 340 4.48% ,< Feb 18 'A a 18'A 1% <> . 169 383 14% 5 (Un) 32% Feb 85 - RR Jan 4.32%. Jan 39% v - Feb 140 1,572 ' » 6% IIV2 Mar I_ Incorporated Co a653A a67'A » (Un) 9Vz Jun a26% __ 1 a32% a32% Goodrich 100 50c (Un) Francisco Roebuck Southern 12 10% t 18% May 25% July 209 59% a25% a25% 10 934 21% 1 Co Finance Oil Solar May - 1,794 a35% a36% a25 % 47% Mar Apr 42 % 56% 5 . 61% Mar Feb 47/a July a69 a70% a33% 1 Louis a -20 _ Jun 23 290 • Ryan Aeronautical Regis a 5 56 795 4% 13% « Safeway 77/a a 25% 182 38% 1 Co St Feb 20% __ • Corp St a ♦ TeleDhonc Gladding Oil Oil Jan 12 — _______ (Uni Ranch May a34% a34Va .1 common. Corn 21% 12.50 , 16% 331 ♦ a70% 50 1 Tobacco 30% 9% 9% (Un) Jan 36% 37% • Gas 98 1.10 • a57% a58% May Feb 39% Mar 4% 4 1 Inc Apr 12 .2 Jan Manufacturing Co Richfield 66% July 7% July & (R J) 91% a98 al9% 10 Garrett Corp General Oil Drug 301 all 1 __ Jan 64 __ r* Gair 277/a Jun Jun 35% July 1.26 1 Jun 60 __ 24% 33 — (Un) 25% 184 • Jun 1034' # _ Machinery & Chemical 28 335 60 1 13% 100 ___"_ (Un)____ 142 26% 60 • Socony-Vactium Oil Co Inc Bank Light 28"% 26% 60 (Un) (Un)___ 19% July 10% l & 28% 26% Steel 35% July 42%' 5 Stores 28% (Un) 14 a25 V* a 26% _* & : Merchants 29% Aviation Reynolds Jan 34% (Un)'__ 20 42 % 4 55 V2 Mar Apr 25% July 34% Jun Republic Feb 3.75 May 38% 51V4 30% Republic Rexall 9% July 36% July 15 100 Corp of America (Un) Raytheon Manufacturing 104 a a95 25% 2.50 80 260 3 Schenley Industries a 9,212 <■ 863 Radio Mar 19 3 (Un) Power Flying & a35% a36 'A a98 1 Co__. Fitzsiimnoiis Florida Gas 6% al9 _10 2.65 Jan 18'A Mar 25% a57% (Un) Incorporated al2% al2% _.5 Products Radio a36 A__^_10c Eastman Kodak Co_ Electrical 6'/a __50c class Nemours Air. Lines 6% __5 _, DuMont a"61 % a62% 1 July 32% Petroleum Apr 16% July 7% July 24% Jan a243a a24% * 1 13 375% ___33%c Corp (Un) Corp 29% May Jan 29 7% l_l (Un) com 8% 16% 5 (Un), common Corp 8%' a55% a55% 5 1 America I a51% a53% l (Un) 100 lo (Un) Remington Rand Inc 20 13 58 Va a Rice I) Co Dodge Pullman 53% July 11% Mar 55% May 13 1 % 83 % 25 Pennsylvania Railroad (Un) Apr '38% • 50c (Uni 295 12% 12% 18 22 V2 Mar Jun 25% Pfizer (Chas) Co (Un) 17% 20 Vz Mar Jun 67 60 a56% a56% „ • 225 * 16% Jan 20% - * 32% (Un) 2,802 5 Jan Mar 2.70 Jan 37% Co a28 % ■> iUn> iUn) <E C) 394 July 32% (Un) 7 • __ duPont (J 1.95 a36% a37% 25 common Car American World Penney 94'A Mar Oil Motor 1,000 2.50 2.65 common a38% a40% » (Un) Douglas Aircraft Douglas Oil'Co of Calif Dow Western 20c 472 Feb 7% July 35% Jun 25 common Indemnity Lighting Corp Pacific 25 Va 25 Elec 5% redeemable preferred Pacific Jan 22% Jun July Apr 10c 3,200 " High 1 Vz 207/a 13 a37% 10 & 903 66V* 13 ♦ preferred 5%% preferred 6% Mar ( 25% Gas Low 1% July 66 12 (Un) 6% 12% Mar 52% July 36% 16% 16% a20% a20% __ 1 Co (Un) Pacific Finance 622 24% a 9% 82% i__ ; of Vultee Edison Range Since Jan. 1 700 * lie 2.05 1 Feb 70 (Uni—_ Edison Ohio 51 a6% ,___1 16% l Co Ohio Oil Co Pepsi-Cola (Uni Zeilerbach Class 10% a78% Grocers of a24 % 1 :io 100 Aircraft Oil a40 % Continental Motors (Un» Continental Oil Co (Del) Creameries a a51 a51 % 25 Continental,. Can Crown al7% 1 System Cur'tiss-Wright Jun 12% July 80 Engineering Consolidated 8% 336 (Un) Commonwealth Edison Consolidated 15 17% 17% i0c 2.05 e»aie» Shares 24% 2.05 __ 1 1% 24 __ __io Solvents Consolidated 16% Mar 25 Inc & 10 Vz Jun 26 a 24% __i Co Amer Oceanic Apr Jun 12% al2% 10 * Corp Northrop ADr 9% 250 25 _________i Molybdenum 80 % 13% 350 , Fuel * Jun 75 1,000 12'/? i% (Un) for Week High 55% July May Feb 25 9 % ____. (Un; Multiplier Foods 54 Va Low 50c Chemical Aviation Inc (Un) North American Co (Un) Northern Pacific RR (Un) Mar 354 9 5% • Chrysler Corp North & Central RR Norris( On Jan 5 13% a 9 a 9 47% 10% 13% 9% (Un) (Un) Aircraft Clinton 10 % Jan Mining York Nordon Mar 38% July 3% Jun 25 5% Corn Colorado 10% New Feb 5c Idria Pacific Cities Service Clary 190 l Chesapeake & Ohio Ry Co (Un) Climax 3,175 T__2 (Uni Tractor 234 3 % a New V* Jan 13% Mar Jun 8 101 38 7a 55% 55% a71% a71% 1 Oil Pacific I)-Co Caterpillar 83« b 9 ■ 2c" 1,000 3% ■» pfd____ Canada Southern Oils Canadian 11% July 8% _iu __ conv Burnngton Mills Corp 540 38 7 5 (Uni. Finance 123a Vz 3 15 Broadway-Hale Stores Budd Budget 67 Jun Range Wee&a of Prices Par 57 3c Last Friday Sale Price 7% Mar 11% 38% l <Un) Corp 50 Jun 56% July 3c 5 Company (Uni Boig-Warner 5'A 5,420 49% —2 „ : c.nrDoruUon 6 360 12% 31 High 53 10c corn uil oincf Low a55 a5534 2 JULY Range Since Jan. 1 52% • ; _ Airplane cjoisrt (Uuj ENDED STOCKS Shares High 6 iUn»_____^______33t/3C Oil Co Mammoth Boeing Low 20c Aviation WEEK for Week Last Sale Price FOR Saies 27 Vs 27 A 210 24 Va Jun 32% 5 10'A 8V2 24% 10 '/a 10% 400 100 6% Feb 10% July 400 100 8% 5 1 — 50c — 8% 8% 8% 4% 8% 4% 7 4 Jun 8% July Jun 10% Mar July 5 Va Feb 35 The Commercial and Financial Chronicle ... (416) Monday, August 3, 1953 OUT-OF-TOWN MARKETS FOR RANGE Stock Midwest Friday Last (Conk) Exchange Week's Ranee Par • Allied Laboratories Low ■ .50 —«. 10 — • Oil Amurex a 800 33% Jun 35% July Laclede-Christy 45% 100 43% Jun 46 July Laciede 200 23 Jun 25 Jan Lamson & Feb Leath &c Jan jjiooy McNeil 347 23% 23 % 13% 900 13 '/a Jun 15% 154'/a 1547 a 2,700 152% Jun 161% 77 Va 100 70% Jun 13% 1374 154% 77% 77 Va Gas 12% 15% 15% 2,400 9 % Mar 20% Ashland Oil & Refining common— 337« 32 33 % 800 32 July 45% 37% 37% 37 7/a 200 35% Jun 43% Jan 10% 10 10% 800 10 14% 14 147 a ,1 „ 200 26 Jun 28% 150 6% July 9% 900 3% May 6% July 5% Jan Minnesota 8% Feb Missouri 4% 47a 67'a 7 2,400 97 a 97 a 48% 200 Binks Manufacturing Booth Fisheries 20% 207'a 400 Works 200 11% Jun 13% 19% 800 17% Apr 21 53 2% 53 2 74 200 50% Jan 12% 13 16 16 % 200 12% 12% 100 25% 1% 26 1% 200 1U0 1 % May 2% Jan 23% 2% 24% 2% 400 23 % July 25% 19% 18% 19% 19 19% 37 19% 37% 19 60% 72 71% — — — __ 18% 19 —* 60% 72 69% — Chicago Rock Island & Pacific Ry Co.-* — -—25 Cnrysier Corp 41/2% 100 Electric Co Ilium * ,. % Commonwealth Edison common Consumers Co Power — Detroit Mfg Corp — 7% — (Un)_I de Nemours __ — Co (Un) II Controller & Ealstaft Mfg Dock General Box North 12% July 15% Feb Northern 25% 33% Jan 100 Jun 2% Jan General Motors (Un) Corp Package Corp General Telephone Refrigerator Co Coward & Rubber H) Co (W Graham-Paige Gray (Uni Motors Lakes Bros Oil class Cooperage 22% Jan Packard 41% Feb Pan Jun Greyhound Corp Gulf Oil (W Ft Jan Jun 22% Jan Penn 18 76% Jun 100 49 % July 200 22% Jan 25% 400 Jan 12% July 1,000 84 Huttig Sash & Door Brick Illinois Central Jun 1,100 35% Apr 383a 500 8% Jun 11% Mar Phillips 34 300 6% July 28% 7 7% 26% 26% 100 500 7% July May" Apr 8% May Public Feb % Jun 23% 30 Indiana Steel July 25 % Jun 9% 5% 200 9% Jun 12 35% 400 27 50 5% July Jun Inland Steel 12 Jun 17% International 96% 500 91% Jun 23 % 100 22% Jun 28% Jan 42% 42%' 46% Nickel 41% 200 ;, 54 Jun July 120 225 32% Jun Jun 140 International Packers International Tel 39 Co Illinois Gas & Feb 100 14% July 16% Mar 12% 14 Jun 10 12% 7% May Feb 8'/a Iowa Power & Light Co Apr 75 52 Jun 55% July 57% 60 2,200 57% July 69% Feb 29 Apr 35 Jan 34% Jan 40 Va July 5% July- 8% 32% 3,050 39% 400 Katz Alum & Power 5% 6 550 Corp of America Light Corp Public Kennecott Copper Regis Paper Co Jun Jan 200 50% Apr 56% July 5 474 5 3,200 47/a July Feb 6% Jan 9% — — ' 100 9% July 11% Mar 1478 600 12 % Jun 14% July 1374 1474 1,000 12% Jun 21% 1474 —— 974 1374 __ 22 150 21 % July 5 100 4% Jun 5 147a July Jan 23% 57a Jan 167a 1674 400 15% Apr 18 Jan 20 — 20 200 17% Feb 20 May 2174 1.400 19% Jun 23% 1374 14% 1,000 10% Jan 15% May 13% 155 13% July 2874 26 74 28% 800 26% July 3174 31% 200 31% July Jan — — 13 7 a July 287a July '427a Jan 36% jun 69 Mar 12 12 12 100 12 July 18 Mar 10 Va 10 74 100 10 Apr 11% May • 32 317a 32 1,200 29% Jun 36 Va 40 40 40 200 38% Jun 43% 50% 5074 100 48 Jun 62% Jan 26 Va 27 700 25 Va Jun 30 Har 23% 25 — 5 • — — 25 • 1 ... Jan Apr Jan 5 1,700 22% Jun 29% Jan 3% 374 300 3% Jun 4% Jan 474 300 3% Jan 4% 1074 3% — — 10% 200 10V4 July Apr 14% Mar • 10 49% 43 74 4974 1,000 47% 47 4774 1,300 29% 2974 30% 1,150 27% common—• 13% 13% 13% 6,700 12% Jun 14% B 45 Va 44 % Feb Jun Jun 52% Mar 47% July 33 Feb Feb 20 74 20 74 100 19 Jan 23 % Mar 24 237 a 24 300 23% Jun 27% 1674 16% 200 16 % Apr 18Va Mar 59 58 59 1,000 56 V, Apr 60% Mar 16 16 100 13% Jan 17% Mar 73 Va 5 _1.40 73% 100 66% May 73 Va July 16% 16% 18 % Mar 37% 1 Co & • Corp class B common Shell Oil Co Jan —1 15 — Name Oil Sinclair South Co Southern Pacific __ __ 48% 17 6% 40 600 22Va Jun 27% Mar 14% 5% May Jan (Un) Co (Un) Inc 14% 15 1,400 13% Jun 16% * 43% 43% 100 42% Jun 49 % Mar 6% 6% 600 6% July 9% Mar 2 Warrants 2 200 1% Jun Feb 3% Max- of California • 53% 53% 53% 400 51 Jun 59 % 10% 1% 1,200 8% May 10% July Standard Oil of Indiana 25 74% 74 74V4 300 69% Jun 81 Jan 500 1% July Feb Standard Oil N (Un) Id 74% 72% 741/2 1,800 68% Apr 78 % Jan 200 12'% Mar 14% July (Ohio) 10 34% 35 1,100 32Va Jun 38% Jan 18% 20 16% 17% 47% 550 Jun 2% 3% 19 16% 6% 38'/a —r— J Standard Oil Co ! Standard Railway Standard Steel 700 12% Jan 13 % Mar 400 16 % Jan 19% Mar 'Stone Container 48% 500 42% Jun 50% Mar 6% 16% Jan 3,200 6 Jun 28 400 Jan 17 9Va July Jan 41 % May 40% 100 39 Jan 41 Jan 24 300 23% July 28 Mar 18 % July 22 23 Va 9% Jan Swift & Texas Co Texas Gulf Timken Toledo Detroit 14% Jan 24% Mar Trane 300 34% Jun 40% Mar Transamerica Jun 48 31% 1,400 * 41% 41% 100 29% July 40 Jun Feb Jan Trt 33 Jan 20th 38% 41% July 12% Mar 10% 100 16 300 16 29% 30% 500 27% Jun 31% Mar 23% 400 22% 26% Mar 23% Jan Jun 5% 6% 675 5% Jan 22% 23% 2,300 21% Apr 1 26% 26% 100 8.75 17% 17% 200 12% 12% 200 11% 18 18% 200 62 63 600 26% May Co Corp Continental Corp Century-Fox (Uni Film 20 % 7 Jan Union United U S Oil Dorn California Lines Rubber U S Steel Van of Air Co Inc (Un) Iron Works Union 30 Mar Telegraph Electric Corp White Co Motor Willys-Overland 18 July 21% Apr Motors (Uni Wisconsin Bankshares Corp 62 July 80% Feb Wisconsin Electric Jun 5% Feb Wisconsin Public 31% 334 900 3% 3 3% 250 3 July Feb 300 28% July 43% Feb 100 27 35% Jan Jun 15% 1,950 14% Feb 167a May 17% 18% 1,300 16% Jun 2174 Mar 38 Va 37% 381/2 700 35 Va Jan 39% Mar 56% 53% 56% 300 51 Va Jun 5774 Jan Feb 54 Mar 45% 45''2 100 35 21% 21 Va 100 17% July Jun 28% May 19 Va Mar July 24% May 16% 18 21 21 100 12 11% 12 1,200 11% Jun 33% 32% 33% 650 31% Feb 37 % Mar 26% 27'/a 700 26 Va Jun 27% Jun —1 1 2% 2% 1,700 3V8 Jan 15% 15% 100 14% Jun 17% Jan 17% 17% 200 13% Jan 19 Va Mar 17 5 2,000 16 % 21 2% Mar 13 Va Mar 1 17% • 64 25 4% Mar Stores 64 800 62 V4 Jun 7274 a 42i/a 800 37% Jun 42 Va July 24% 42 Va 10 x63 24% 100 24% Jun 32 Mar Mar 39 3 26 —u5 39% • 9 Va 10 10 12 Va ii% 26 3 a 200 25% Jun 31 33 39% 2.100 37 % Jun 44 V8 9% 1,400 8% 25% 8% July Feb Jan 12% Mar Inc common Power Service Youngstown Sheet & Tube 26 200 25% Jun 29 44 44% 400 39 Feb 45% July 43% 44% 300 41% 1 Walgreen Co Western Jan 3% 29% 15 V» Mar 2414 Jan 13 % 3% 31% 10 % 18% * Corp Jan 1 29 % Jan 2 (The) Wieboldt 33%c 10 15% * Co 20%'-Mar 117% Jun 200 Jan 10% July 10% 5 Co__ Axel Co Edison Trav-ler Radio Corp 32% Mar 16 10% Mar 2374 Feb 2 Tool Power 10% Mar 86% 150 30% Mar 26 5 1—10 20 Producing Thor Corp 200 31 % 13 19% July 25 22 5 Jun 21% July 200 25 (The) 21% Jun 31% 11% 100 21 1 (Uni Co 600 Jun 1 (Un) 300 21% Feb July 10% 38 1 Sunray Oil Corp 78 1 Corp 21 21 10' 'a 1 5 Machine Tool Sundstrand 11% 21% 1 Corp Corp 10 Apr (Un) Corp 76% .72 Equipment Spring 13 18 Studebaker .11% 29 Va Apr Mar Stewart-Warner 17 Jan May 23% __ 24 Oil 40% 18% 23% Standard —; __ 24 58% Mar — __ 5 43% Mar 14 Mar 10 37 Va Jun 21 23% Jun Feb 750 30% 32% 12 250 • 900 47% 750 15 35% 150 18% __ 34 300 23 % 22 35% Jun 12% 40 __ Jain Jun 49% 18 % __ 4% 12 % 23 __ 600 % 48 9% 1% 13 — 36 5% 1 15 2 Southern Mar Jan 14% 500 5 5 Works— Lathe Bend 550 37% 5 % 16 1 • Corp Society Brand Clothes Inc Socony Vacuum Oil (Un). Va July 26% For footnotes see page 43. 34% 5674 Jun Co Roebuck 6errick 38 800 Knapp Monarch Co 500 56 52% — Schwitzer-Cummins 40 28 Kropp Forge Co 3674 56% 29 (Un). Jun 27 • 367 a 18% 39 % 4% A Schenley Industries Jan 27% Corp Mar 16 400 class Service St ' Louis 31% 26 % 1 850 -* St 32% 750 Kelley Island Lime & Transport 1774 600 Co 200 __ 1 1774 31 (Uni Tobacco J) (R Bros 2,200 28% Drug Co Feb 1774 • (Uni 32% 41 com 43 Va 56 (Un) 40% 36% (Ut.) 14% Mar Jun 30% (Un) Pictures 32% (Un) Chemical & Jun 37% 54 Westinghouse Kaiser Kansas 12 1,000 20% —— 39% __ * 4,600 4074 Feb 32 39 % 41 (Un) 13 40 31 Signode Steel Strapipng Co 2% 67 Vb 200 27% Johnson, Stephens &c Shinkle Shoe Jones & Laughlin Steel 1274 40 % * * Apr 700 400 49% 10 70% July 13 14'/a (Un) May 2% 2% 55 36% Co Apr changed to General Package Corp Apr 72% 5% * Feb 23 Va Mar Shellmar Products Corp Jun 41 (Un) 67% July 23% 117a Jan July 28% Ltd,,, 100 6774 74 Jun Jun May 1 —1 _,,— Theatres Corp Sears Feb 2% __1 Electirc 67 19% 19% 11 21% (Un) Company Republic Steel Corp Jan 13% 10% Chemical Tel & Iowa 50 of Indiana Rlchman Jun 200 • Co 500 1174 56 Union Carbide & Carbon International 500 2074 1174 Apr 125 33 34 12% 12% 14% 14% * & 2074 2074 Jan —1 Raytheon Manufacturing Co 99% Mar 23% • Mineral 2C% Co Car Steel 40 * 20% 1374 Service Co Radio Jan 95% 16% Co 20% Mar 12.50 —3 •* RKO Jan 100 Jun Indianapolis Power &c Light Jan 1 ' Jan Interlake Steamship Co International Harvester 16% (Un» Quaker Oats Co 6% Mar 43% 12% 32 1 25% 100 33 %c RKO 33% 1% Co Jan 19 1674 5 —25 Jan 500 9% 5% 55 3 Products 17% July 1674 —* (The) Oil Pure Jan 27 39% 10 16% July 18 1674 2 (Un) Petroleum Pressed 9 60 100 Feb 200 500 a 50 Phelps Dodge Corp Philco Corp (Un), Pullman 15% RR 25% 1674 19 Inc— Co Potter Co 28% July 200 300 Coi 19% July 1674 34% Mar (Charles) & Co Pfizer Thor Illinois Jan Apr Circle Perlect Jan 15 71 % __ 10 700 Jan 8% Mar July _______10 Pepsi-Cola 29% Mar __ __ ~25 20 3 19 % Jun July 323a 200 common 6% 20% •Pennsylvania RR 53% Mar 27 400 1% Hibbard Spencer Bartlett 350 Apr 23 % _• Class A Mar 37% Mar 36% Feb 7% 1 7 65 42% ,'i 9% 700 (Un)—1 prior preferred conv Jun 200 10 7% July ■; 18% 2 Controls '32% 19% — Jun 100 July 200 B 3,700 1% Harnischfeger Corp Heileman (G) Brewing Co July 8 674 16% __100 com—6 Peabody Coal Co common al8% Hammond Instrument Co 35% May 39% Jan 24% A— 96 % Class Feb 5% 28'A 6% 7% class Co 69% July 900 7% 1 31 49 Jan Jun 32 Patterson-Sargent Co 7% 5 58 V» 800 Jun 27% 28 2474 (Un) Car Motor Pen 21% Mar 1% Co 500 3574 20% 1 76% July 19% Printing Halllcrafters 59% 32% — • American World Airways Parken Sunbeam Hall 58 Va 10 " (Minn) 63% __ 25 50 8 —1 10 Ry Power Apr 1 i Corp 700 650 32 31% — Jan 6% July 2 44 Va 48 74 32 Jun (Un) Feb 17% * Griesedieck Western Brewery Jan 31% (Unt 60 14% (Un i 10% 1 ._— 67% 50 100 180 • Jun 100 Manufacturing Co Oak 3% May 31% 14% A 7% 87a 32% Bancorporation Northwest 19% July 400 9 ,■ Pacific States 200 14% & Dock Chemical., & Feb 600 8% 3274 (Un) Corp Illinois Northern 300 " ____♦ Dredge Great) Lakes 27% 35 Va * 950 1 Feb Feb Jun 31% 8 7% • 6% 100 Jan July 33% July (Un) 14 —* Drug Stores,.. Great Greif Co 18% Mar 11% 2574 5% ——5 5 10 Co 10 8 Bros Goodyear Tile Apr 25% Mar Jan 350 4774 —5 1 (U11) Products Co American Spiegel Goldblatt 1% 50c . Edison 6% * Apr 4% 8% 23% 10 59 Va Oil Co 14 _1 Co Co___„__ Jan 23% July 12Va Jun 32 Ohio 10 (Un) 100 6% 974 Co,—_r_4__2.50* Ring — (Thet Gillette Glidden 6 % * 25 Ohio 14 6 1,500 22% Mar 10 20 Corp 1374 20% Mar Jun __ • 13% 10 18% Jun 190 * 5 General Gibson 14% 1 Co 137a 17% 300 1,400 5 Corp Electric 100 —1 North American Car Corp Jan 17% May 10 General Foods Corp 24 34 3 North Amer Aviation 17 Jan 1.25 Auto Brewing Catnble-Skogmo Inc General 12% * Drive (Peter) 2 Va 2474 4 , York Central RR New Jan 3% Dredge & Co Four-Wheel Fox __ 5 (Un) 200 2574 — Distillers 12% July 100 125 __ 1 Connell & 42% * 9 Brewing Corp Fltz-Simons __ 10 32 % 27/a 33 2474 1 Cylinder Gas 15% 1,100 1 5 Eddy Paper Corp Electric 38% Mar 14 National Standard Co Feb May 12'A 1 Emerson Radio <fc Phono Jun 300 274 33 — 1 Reynolds Eastman Kodak 10% Ward & Co Northern 27% 13% 34% 34 38% 13 33% 33% 38 (Alan Bi— Air Lines Inc Eastern Jan Inc Kelvina tor Corp National Jan 19 3574 __ 10r (E I) July 78 26% 5 Co A 4u Pont 2 800 49% 27 9 __ 10 1 Du Mont Laboratories Inc Claqc 8% ^National Lead Co 20 19% 78 49% 27 26% — 20 Co Corp Chemical 38% 10 Finance Domestic Dow — .25 10 1 ;_ (Un) Company Edison Dodge 34% —1 Company Caere & 13 25 * Continental Motor Corp Cudahy Packing Co Curtlss-Wright Corp — __25 preferred convertible — • (Un) System Gas Columbia __ 1 5 Inc Co Inc Coleman — 19% 78 1 common preferred Foods 15% July ' 19% * 25 „_1 - —— Chicago Corp common, $3 convertible preferred— Cleveland 49% 1,100 111 Secur Corp— Iron 1,200 Jan 24% 5 $1.40 conv preference Cliff's 9% 55% Mar — 10 (Un) 97a 974 * • Inc National 11% 12% Service Cleveland Nash Jan 11% 19 — * 50c Corp Central Jun 57% 16 74 1 Centlivre Chesapeake & Ohio 6% Jun 16'/a 25 Biscuit Pub Feb 100 2% 15 —r—— (Un) Illinois 19% Mar i% Jan Jun 4 500 — 2UC 1 12.50 —. Central Feb Company 1% 300 1% 700 — of America Brewing Corp Central & South West Corp Celanese 17% L) Muskegon Piston 21% May 5% — J)___ Corp Carr-Consolidated Crane Apr 53% 1174 Brothers $1.32 19% 574 19% Canadian Pacific Clinton Motorola 13 1 Co Mills Corp (Un)__ Burton-Dixie 250 * Co__ Montgomery 51% 5 Foote Gear Burlington 1 Va 1% 10,, (E Feb 13 % Mining & Mfg Cement 11% Mar 574 Corp Sons & Jan 16% 18 3a " Portland 48% Mar 53 % ., (W) Corp Berg (George) 9% Jan Co Brick Mfg Jan 45 Muter (Un» Corp Jun 14% Minneapolis Brewing Co Jan' 9% July 300 4 7 Va 207/8 .10 9% 48 Va • 1 Steel 8'/« 100 Feb 67a IP Butler 18% Mar Consolidated Mining Betnlehem Brad July & (Glenn Metropolitan 2,200 4% 13 Benguet 500 15% Mtckelberry's Food Products Middle South Utilities 12% Mar Modine Bastian-Blessing Co Belden Manufacturing Co Brach Jun 7% ..3 Corp. 17% Mar. 874 157« • Field 26% 3 Avco Mfg Jun 37a 157a —1 14 26% 7% 12 High 6% July "874 Oil Co 7 • 200 1 4 7 Martin Feb 10 „5 common 13 5% Mar Apr .50 (III) Co & Low 100 6% _-____,10 common 6c Range Sine* Ian. 1 High 674 13 5 Co (Uni Co Sessions Co___ Co Marshall Armour Low Libby Lion 77% July Development5 Share* 6% Lonergan Mfg class B Co. Tel & ioo 25 Tel American 30% July Apr 45% — for Week 5 University Extension Salle La 23 % 3 4'/a ■ —- 1 Range of Prices Par HUjh Lots 30% Last Range Sin** Jan. 1 1,150 29 Va 29% Shares High Sale* Week's Friday Sale Price STOCKS far Week ef Prices Sals Pries stocks— JULY 31 WEEK ENDED Sales 26% 26% 100 * 13% 13% 100 1 16 16 13% .10 Jan Mar Jun 50 25 Jun 2812 Mar 13% Jun 14% Mar 500 12 Feb 16 13% 650 13 Jun 15 % Mar 26 % 26% 100 24% Jun 26% July 10 17% 17Vi 100 16% 5 40 74 401/4 100 40% July • 13% Jun July 18 % May 47 Va Jan * Volume 178 Number 5243... The Commercial and Financial Chronicle (417) 37 OUT-OF-TOWN MARKETS RANGE FOR WEEK ENDED JULY 31 Friday Philadelphia-Baltimore Slock Exchange Friday STOCKS Week's Sale Frice of Prices Par American Stores Co American Tel & Tel Arundel 41 —10 13 Securities Corp Baltimore Transit Co— _ 263A 10 27'A 9 Va lc _ common Company 5'A Chemical Corp Delaware Power & Light 72 Ye 780 13% 120 69 Vb 1 72 Yb Canadian Pacific Caterpillar Celanese Jun 25 % Jun 27 Yb May 75 29 Ye July 81 57 YB 17YB 60 YB 3,841 8'A 156 60 - 17'A 33'A 17 Ye 12 Ye 77% 37% Jan Jun 91% 70 % Feb 11% Jan 7% 458 Jun Feb 16 % Jun 22% 12 Jun 14'AMar Jan 333/8 2,165 21'A 20% '21% 2,445 19% Jun 10 Power 32 YB 1—50 — 23 Ye Jan 43 3A 41 43 3/8 540 40% Jun 52% Jan 36'A 140 30'% Jun 37 Yb 26 Jun 33 Jan 20% Jun 25 36 . • common preference common % 30 YB 30% 30 Ye 22% 23'A 30% 4,575 23 425 • i 13»A Mar 17% May < 491 23 Jun 273A 5 5 300 5 July 26 Vb 25 % 26 Ve 535 25% July 33 3/4 — 513/a 513/b 340 50'A Jun 63% Jan __ 23'A 24'A 659 23 Vb July 383/b Jan 1.10 1.15 1,900 1.00 25 10 common —• Corp Ohio St —1 Ry Paul 1.10 25 (Un) RR com a37% (Un)_:t—• (Un) Jan 6Yb Mar Jan 1.35 Jan Jun 275 34Yb Jun 41% Feb 210 a36Y8a37% (Un) 46 16Yb 16 Y4 July 22% Jan 46 ID 50 Yb Jan 95 Jan 370 42 3/4 — 70 70Yb 673 70 a83 25 Co 163A — 100 Corp Service Clorox Chemical Colorado Fuel Columbia Jun 35 Ye Mar July Co & a79 a83 91 79 3A July 94'A Mar 40 Va May 46 Apr July 3% 39 64 33% Jan *17% al7Ya al8 106 17 Yb July A____2% Sys class a43 a42% a43 71 40'A Feb 443/4 May a42% a42% 16 Feb 12 Yb July 443/4 May 15 Jan Columbia Gas System Solvents Commonwealth Chemical Consol Edison Consolidated (Un) • (Un) N class A Y Gas Continental Oil Products Creameries Co (Del) Refining of • a38Ya 10 19% Apr 213A Jan 108' 32 Vb Jun 36 Ye Mar 280 55 Va Jun 67 a383/» a38Ys 425 a49 40% Feb 35Ve Jun —I a49 a49 11 17% 200 17 % 54% 553A 125 54'/a July a693A a71 113 88 15 Yb 16 4,671 12 Jan 2,632 26% Jua 7 91 Va Jun 30% July 102'/a Feb 188 30'/a Apr 31% Feb 553A 25 a71 I ; ' Mar 17% (Un)___—5 common 913 Feb 20 39% 60 59 1 (Un) America al8 60 15 (Un) Consolidated Vultee Aircraft 13 Vb a333A a34% * (Un) Natural 13 al8 —25 Indus of 13 —* Edison Consol Corn — _—________————_2% Commercial 39 —,—* Iron Broadcast B -Mar • Co. & Preferred Chrysler Class 57% July 28 12'A 1 • July 1,782 81 • . & 69 % Jan 32'A '8 High 420 24 % 15% High Feb 31 8 Vb (Un) Co Corp of America Eureka -i 60 Co Ry Lew 15 YB 24 y8 2 cap Ltd Jan 32 Vb 5 16 Ye Mar 96 27 % 10 Oil Tractor Chesapeake 5Yb July Jun 27 26% —10 Corp Range Since Jam. 1 15% Low 5 Mar 4 39% 27 VB — div Jan 11 Ye Mar Jun 32% 967 ; - Pennroad Corp i Pennsylvania Power & Light Pennsylvania RR ! Pennsylvania Salt Mfg i__« $1 28 % Apr 13 25 24 VB Valley RR Pennsylvania Water Philadelphia Electric 20'A Mar 23% July 33'A 23 YB 30 Corp Navigation-. & Feb 3 Ve 272 33'A • Shares 5 Co Atlantic Cities 24 VB Deposit Co Motors Canadian Chic Milw t & 25% 9% July 5% for Week Jan 3% .13% common. '1 Coal July 100 13 VB — Duquesne Light. Co Electric Storage Battery General 41 161% Jan 335 3'A 5% • 25 Davison Fidelity 17% Feb Jun 152 941 10 3% 1 Chrysler Corp Lehigh Lehigh 37% 1,260 Packing Central Baldwin Budd 229 3,277 193/4 High Cement California Ranee Since Jan. 1 LOW 155 Ve 18YB 27 VB Shares 41 154 19% Range of Prices Par Calaveras High 40 155'A • Baldwin-Lima-Hamilton New Low .100 Corporation City Elec Co Atlantic for Week Last Sale* Week's Last Sale Frice Sales Ranee STOCKS a__ — 22% Jun Feb 56'A Jun; 68% Feb Mar 16 July ' "X Philadelphia Common Transportation * ; div Reading 4 4'A 606 3 Ye July July 5 Ye Jan 5 Ye 6 1,618 29'A 31 130 & 28 Ye July 36'A Jan • 2534 25Y« 26 745 24 Ve Jun 273/, Jan • 25 Yb 2534 26'/a 271 24% Jun 27 Ye 30% 29 Ye 30 Va * 613A 60'A' 62 common ! * a United Corp United GaS 5 Ye . 1 Improvement 13 % 73'A 71'A - 43A Apr 333A 54'A Jan 62 693A Jun 82 Ye 4Ya Jun 6 Jan 30 % Jun 38 Feb Pittsburgh Stock Exchange Friday STOCKS Week's Last (Un) Sale Frlea Giorgio Fruit Corp Class B common Doernbecher j Columbia Gas System Pitt IAW 32 Ye 10 17 Ye 18'A 110 17Y4 July 12% July • 12'A I 31 Ya Jun ««l Jan 22 Ye Mar 12 Ye 72 7 Va 562 7 V Jan 27 27'A 207 25% Jun 29'A Mar - 75 20 3/4 Jun 25Ye Apr - 50 5Ye Jun 7% Jan 22 21 3 f . Brewing —1 < Harbison Walker Refractories Home (Joseph) Co Joy Manufacturing Co Natco Corp ;—;• 6 25 Ye 25 3e 29 29. 34 Ye 34 34 YB * 1 — 25Ye 15 Ve Jan 8 Paso $2.50 8 convertible preferred 31 - Jan 30'A Jan Pittsburgh Plate Glass Pitts Screw & Bolt Jun 6V4 Jan 73A 530 1 Ye 1% 1,065 28 28'A 320 28 39 '/a Mar i Apr 49 % 47 Ye 49'A 125 47 Ye July * 8'A 7 Ye 8% 61 27'/a 27% 70c 70c 7c 7c 5 (Un) Co 1 Toy Mining 70c 10c Standard Steel Spring Engineering & Foundry Co Alloys Steel Wesiinghou.se Air Brake 1 21Y4 5 United 13'A Vanadium Inc Co 15 3A 401 14 Yb Feb 16% 15Yb 153/e 162 14 Feb 16 Va Mar 2.45 2.45 205 Jan 2.85 May —* 33 33 6% 63/b 2.40 Jan 25 Natural Gas July 301 34'A Jun 42Ye 592 92 Apr 99% Mar 7'A July Jan 25 23Ye Jun 27% JanV 42% 42% 456 41 Ye Jun 47 5% 500 323A 323A 524 323/4 Jun 37 41 39 Va Jun 46% a23Ya a23 Yb .10 42% * Co Mar 1,000 • 5 „1 (Un). 33 Apr 4 1,178 35 95'A 95% (Un) 29 33 6% ■ 35 (Un) common —3 32 * -Food Co Machinery _ & Chem General Electric General Foods 41% 41% Apr Jan 7 Ye 33/4 July 355 —1 3A 3A 3,700 -20 20% 20 Ve 56 35% 35% a71 a73% _— Ltd Corp Plantation Ewa Corp 10 Motors Co (Un) Corp • a73% _• a56% ; (Un) — Corp General Paint Corp common Cumulative preferred General Public Utilities (Un)— 5 Mar 332 34 Va Jun 430 67'A Feb Janj May! 23 Feb : Jan 43 .74»A May 54 Va Mar • 60 52% Jan 1,399 57 3A July 69 3A Feb 10 10 Ve 350 10 Feb 12 Va Apr 143/4 143A 140 143/4 Jun a25% a25% 125 24 Jun 17'/a Apr 27 Ye Apr __ __ a25Ye > 1 58 3A Mar 9'A Feb 27'A Jun Jan 80c May 3,000 7c Jun 10c Jan 36 Feb 40 150 17 Jan 21% Mar a7 Yb 15 Golden State Co Ltd F) (B • common— Co 40 (Un) 7 Ye 15% 8 Jan Apr 18 3A Mar Jun 16% 17 984 a66Ye a67 45 a47 % a50% 49 Vb July 1 % 1 % 100 1 Va July 53% a56% 180 53 Va Apr 12'/a Jan 13 3A May 22% July 28% Mar 17 * 75 Mar 75 Mar 33'/b Mar 60c 255 18 Va a7Ye Brewing Co Goodrich July 40 18 Va 1 Goebel 10 Gladding McBean & Co Jan 100 21 'A 1 21'3/4 308 Ye 13'A 201 25'A 25'A 20 12 * 21% July 12 Ye July 26 Y4 Mar 16% 293A Jan Goodyear Ti)e & Rubber (Un) Graham-Paige Corp (Un) Great North 10 26 Ve 26 26'A 370 253/b Jun 29 Va May 44% 40'A 45 441 40'A July 49Yb Mar Greyhound Hancock Friday BLOCKS Par Abbott Laboratories Corporation Reduction Allied Chem Co & American common Theatres Power (Un) 8haree High Low High International 40Ye July 24 Yb July 44 3/e Feb International Tel 32Ye Jan Intex 24 24 150 24 283A Jan IXL a683/4 a68Ys a68Yb 48% 225 500 48'A July 58 Feb 114 42'A Apr 54 American Car American Cyanamid Co American Co & (Un) 13 3/4 13% 255 13'A 13% 14 % 200 13Yb July Potash & (Un) 10 Chem 34 class American Radiator & S S American B—* a47 — 34 262 a35 Va a36'A 25 Apr 15'A Jan 15Ye May 32 3/b Feb 36% May 98 36 Jan Common American (Un) Tel 132 43 Jun 45 Ye a32Yb a32Ye 25 4— 13% 440 a 44 133A Ye a47 13% Tel Co Viscose 25 . Corp 31% (Un) —_25 a76% a44% American Woollen Co (Un) * Copper Mining (Un)—50 Anglo Calif Natl Bank 20 31% 2,826 a74% a76% 72 a42% a44% 110 a Anaconda Kaiser Co (Un) Fuel Arkansas Louisiana Armco Steel Atchison Oil Corp j Gas 18 J/4 a 18 Yb 30 3A July 152% 15 Ve Feb 70'A 32 % 680 41 Va 42'A 940 Jun Jun 43'/a Top & Santa Atlantic Refining Corp (Un) Atok-Big Wedge Fe ' Corp 75 'A July 60 32'A July 443A Jan 37 42 3A Feb Jun Bendix & Aviation Corp (Un) Bethlehem Steel Bishop Oil Co Elair Holdings Boeing Borden Corp Broadway-Hale Hill Burroughs Corp & a 92% a94% 152 913/4 28 3b 160 28'A 28 Yb a 29 71 55c 58c 1.075 7 7'A 560 7 • lUn) —13 9% 9% a3% (Un) 100 a253/8 8 a5524 • (Un) (Un) 1 a3% 50 a24% a253a 350 52% 405 3,105 2.35 2.30 2.35 Sullivan (Un) Corp Byron Jackson Co 145 52 Yb 12% 12 % 4,928 39 Va 209 5 a39'A a a56% a55% a56'A 5 Inc 100 a55'/4 a55% 52Ys 123/b 15 (Un) Stores -10 a„ — 483/4 55 'A July Apr 1.15 Jun Apr 2.00 Mar a41 a41 53 27 Vb 638 27 Va July 33 Jan a40Ye a41% 125 40 Va Apr 45 Mar 185 483/n Jun 54 • a41% 7% ■ 51 51 a__ Jan 1534 16 634 153/4 July 20'A Jan 11 103A 11 780 10 Vb Jan 12% Jan 48c 40c 48c 1,600 28c Jun 50c July Jan • (Un) Corp Power 59 3A a59% 18 61 Jun 73% a26Ye a27Ye 220 26 Jun 30 Ve Mar 3 July a Chemical & com—1 & a27Ye 1 3 Ve 3% 3% 1,575 5 Ye Mar 83A (Un) a 17% a 17% al7% 10 17Yb July 20 Mar • Light (Un) Kern County Land Leslie Salt McNeill Lockheed a 65 '/a a613A a65% 340 63Ye July 82 Feb 45 Vb 45 VB 308 43 July 59% Jan 38 38 65 37 Jan 40 Ve Apr 9 Ye 45 VB 2.50 Jun Co 10 & Corp 1 (Un) • 193/4 Jan H) Matson Navigation 37% a Men a.sco a703/4 a71% alO'/e Apr — Middle CoA— Inc 100'A Jan M & J Mother M 55c July 1.10 Jan 7 July 8 Ye Feb IIYb Mar 33A May 24'A July 573A Apr 30% Mar 49 3/b 57'A 54Yb 70 76 25Ye 150 173b July 22 % Jan 652 15'A Jun 18 Jan 16% 16 3/4 1,255 153A Jun 19 a22% a22Ye • Jan Jan 36% Feb 400 •>% Jnn 4 % Mar 19 % 300 19% Apr a253/8 a25Ye 32 25 3A Apr 20% May 27% Mar 4c 63,400 3c Apr 120 70c Feb 193/4 * __ —P.10 4C 10c Mines 34% July 134 23/4 19 Yb 1 — Lode __ a34 Vb a34Ye 23A 18 3c 120 6c Jan & M Cons (Un) 115 r4/5 Preferred Cement (Un) com i( Un) 10 Utilities Morrison-Knudsen 13,501 274,478 9 19 * (Un) all'A 5 — Montana-Dakota rl 9 ! Port 22% • (Un) 11 % all'A 14/5C July 10 103A 10 Apr Jun 59'A 22 Ve 710 58 a59'/a 188 20Yb July 58'A July 118 28 20 Yb a 30 1.50 Apr Ysc July 8 30 a 10 Co a . Jun 13 Mar Feb 28% Mar 65 Mar 36 Jan 33/4 May 6 7 Ye Mar Jan 133/4 Mar Jan 3.00 Feb July 48 Ve Nash-Kelvlnator Corp Auto National Distillers National Gypsum Natomas Co Prod 1 1 19Y4 302 19% July 20 640 19 Jun 18% 215 18 May 19% 20 5 (Un) 20 18% 8 (Un) Fibres National 25 Ye Feb 213/0 Mar 23'A Jan 1 a20 a20% 121 20'A July 22 3A May * Co 53/4 53/4 410 53A Jqly 7Yb Mar Feb Jun 54 Va Jun Feb 80'A Apr 14 14 100 141 5 14% 14% 190 1 10 18Yb 18% 100 14Y4 July 18Yb July 9Yb 22 Yb July 173/B 16 Ye „ 162Ac —— Rights Monolith 30 1 10% Apr 26% Mar 13% Feb • (Un) Utilities South Mindanao Apr 145 a 120 Apr 43'A Jan Mar 2.15 11'A Jun 17 Yb (tin) Co Robbins & & 30 113/8 Mar 203/b 100 16 Va ♦ Mfg Co common 30 37 130 1 McKesson Jun Jun 395 12 3A a 123A a 5 common Marchant Calculators Mar 9Yb July __ 1 Macy & Co (R Magnavox Co 25Ye Mar a— 8% Jan 9 Ye a20% a213/e 7 Libby Aircraft Inc 30 10% 2% 15,835 July 1.70 Jan 39% 27 % (Un) com Montgomery Ward & Co lc (Un) (Un) Co Borg-Warner Bunker Corp 35% Jun 55c 2 Airplane Co 659 28% 5 —--3 (Un) Ohio RR 22 38 10 P2 Securities Baltimore 15Ye Jun a8% a a94Yi lUn) 12 % 36'A a8 (Un)__—50 : Ealdwin-Lima-Hamilton Baldwin al8'/4 al8'/4 38 Co Atlas Mfg 5 10 1.70 1.40 1.65 1 36 Ye July Jan 160% Mar 42Yo July 20'A Apr 95 32 y* 5 Corp 466 Jan 14 3/b Jun 1.20 55 55'A HYs 350 P2 Tel & Aluminum Kansas Merck Arkansas 1,851 1.20 55'A 1 Co Libby July a— 13% July 1,158 154% 15434 100 14 'A 1.20 33%c Johns-Manville Loew's * & American Tobacco Co American 5 14 Vb • Co__ Mining 726 651 4934 May Smelting & Refining— (Un). Feb —20 Kaiser Motors Corp 12'A Foundry (Un) 13 23'A a35Ve a37 Ve 1.20 * (Un) Kennecott Copper Corp Can Jan 2 Ye Jan 1 American 54 Ye 58 3A Mar 75'A Mar 48% a47% a47Yb Inc common July 70 Ya Feb Oil 12 Ye 1 . Paper 40 100 * 110 22 Ye • International Nickel of Canada (Un) Range Sine* Jan. 1 42% 20 a 23'A 12.50 — Mines Corp 24 Yb * Mfg Ltd common Co 42 (Un) ———1 Broadcasting-Paramount American Maryland 24% 42! a56Ve 1 Corp -0 (Un) Ltd Airlines Love 1 Idaho Oil 1 Dye Corp Allis-Chalmers Aluminium —5 — A International Harvester fer Week ef Fricee a50% • (Un)„• —3 class Co Hawaiian Pineapple Co Holly Develonment Co Homestake Mining Idaho Salea Rang# Sale Price Admiral Exchange Week's Laat • pfd non-cum Corp Oil Honolulu San Francisco Stock Ry Feb 24Yb Jun Jan July ! a56 59 Vb * 5 Jan 3A Jun 20 573A a553/8 — • common Jun —12.50 Westinghouse Electric Corp Avco 15% Works 32 Vb , Air A__5 •' . Renner San Apr 9 Va Mar 8 Ye May 7Yb July Plymouth Oil Corp 8% 63A July 7 % July * 2'A 1% July 10 Corp 315 —. May 333/4 73A 25 7% — 25'A July 29 • 40 8 common 7% —5 Lines Oil Gillette Co Pittsburgh Brewing Co 100 5 Emporium Capwell Co Mar ' 130 2.50 »—— „ 6 6 3/8 —1 General 22 4 class com Co Kodak Dorado Eureka 38 Ys 7 8.50 6% Range Since Jan. 1 1 * | Fort Shares 5 ' ' El 32 Ye . Duquesne Brewing. Duquesne Light Equitable Gas Co ' El High Air Eastman • —— a27Yfl a26% 1 —, Fields Chemical Eastern 0 - 29% a96'A a97% 1. Mfg Co Dominguez Oil Douglas Oil Co far Week •f Prices Low 25 1 Sales Rang# Par —._ Co a96 (4 27 Yb Jan 142 33 Amer Publishing Co (Un) Curtiss-Wright Corp (Un) Jan July 693 4 Ye 32 28% 1,069 73'A 43i 32 350 1,045 of Du Pont de Nemours & Co Bin*-Knox 29% • Crucible Steel Co. Dow Allegheny Ludlum Steel 5 common Curtis Di -Li Co Co Corp Feb Gas common preference Zellerbach Preferred Jan 7Y» 6 31 50 El Paper Co__ Oil 4'A 20 3 Service $1.40 Scott preferred Corp Public Sun Crown >_ Participating Philco Co— 105A July 18'/a Jan 17 Va Feb 223/4 Mar N Y Central Niagara North North American Co Northern Pacific Railway Feb 621 20Yb 26 % 414 25 16% 16'A 370 16'A July 20 Va Mar L_—10 20% 20'A 20 19 Vb Jun 23 Ve Mar a64 Ye a68 % 235 66 Yb July 83% 123A 120 123A July 18'A Mar (Un)_ (Uni Northrop Aircraft Inc Jun 28'A 2434 26 Vb 1 • Power Aviation 2 6 Ye 24% —-* (Un) RR Mohawk American (Un) 100 1 24% a£8 'A 123A , Apr Jun Jan . Financial Chronicle... Monday, August 3, The Commercial and 6# (418) 1953 OUT-OF-TOWN MARKETS RANGE FOR WEEK ENDED Baa FrancltM Stock Week's (Coal.) Exoh. L.AB i STOCKS- Petroleum Occidental Oil Oceainc Ohio Oil Cl&ss 17c 19c 2.65 2.50 2.65 12 (Uni * 25c 34% 39% Jun Feb al7% 139 10 31% 50 31% Jan 56 Mar 32% May 17% al7% 10 i«Vo Jan 23 31V2 a 51% Apr ' Mar Convertible Products Pabco Pacific Can Pacific Pacific Inc Co Coast Finance Corp __ A 10 (Un) 13% 13% 6% 26 1.131 13 13% _5 222 13% July 5% Jan 16% Electric & 1st * 5%% 5% 1st 4.80% 37% 37% 37% Jun 39% Mar Southern Railway new common Jun 34% 34 6% May - 23% ——25 25 26% 32% 28% 26% 504 25 32 % 28% Pacific — 5% preferred redeemable preferred 5% redeemable series Lighting Corp Pacific Petroleums Pacific Public Tel Packard Jan 29 Jan 25% 26% 27 Jan 698 25 Jun 28 Feb 26% 309 25% Jun 28 Feb a57% a58% a95 a95 217 56% Apr July alO% alO% alO% 50 a24% a24% 56 — 25 Pan & Tel . Amer (Un) com Oil • • lUn) 1 27 ____50 33%o 12% 21% 3 a31% __ 4% July 420 11% Oil -15 18% Pepsi-Cola RR Co (Un)__ Co Phelps Dodge Corp 1 Phllco Corp (Un) (Un)__ -—25 (U11) Company __ . Tide Water Associated Oil 10 Transamerica Corp .—_— 2 Trans World Airlines Inc ____—1_—5 Tri-Continental Corp (Un) —— 1 (Un) Puget Sound Pulp & Timber— Pullman (Un) • a40% • — Inc ' Oil Pure k Radio Co Corp i Rayonler — (Un) — Incorp common 25 Preferred Manufacturing Raytheon — • 1 (Un) America of 55% Co __ , 5 __ 20 Apr 95 11 Jan 15 Apr 31% July 43 Feb Feb 36% Jan • 68 % Mar 30% Mar Union Elec Co of Missouri. 10 Union Oil Co of California cominon__25 Jan Jan United United Aircraft Corp (Un)——a37%! Air Lines Inc— —10 a26% Can Jan 108 31% 55% 28% 28% a39% a40% a49% a49% 319 52% 120 25J/4 Jun 24% a26% a26% 441 39% July 50 50% July 43% 60% 22% 29% Apr 10% July 170 15% a49% a47% 26% 57 34% Feb 34V2 Feb 14 <~Apr 33% 40 10% Jun 25% July 130 a31% a31% 249 10% > 90 23 % — 26% July Steel Republic (Un) Rand 50c _lt OH *_% 1 26% a46% "26% • Manufacturing Richfield 15% 57 53% • (Un) Corp Reynolds Tobacco class B (Un) Rheem 15"% Co Corp RKO Pictures (Un)__ Theatres 1 Russ Building 6% , Park City & Foods Fine W Regis 8an Co Paper Scott Paper Bears Roebuck 9 255 36"% 37% 2,408 a36% a36% 82 37% __ 21 A P.io (Un) _1.40 : 1 Co Co_ & 8% May 9 __ • __ a59% Ad1. Y,,n 111 16% Mar 9% Apr 37 U 3u|y ' Jan 12c Feb 24 Jun 27% Jan 55% Feb 61% July 71 61% a59% a59% 54% Jan 54% Jan 7c 12 60% Jan CANADIAN RANGE WEEK FOR (Un) Pacific RR STOCKS Last Sale Price Par Abltibi Power $1.50 & Paper — common class Sugar ENDED JULY Aluminum 13% 14 5,702 !2Vi Apr 14% Jan 26% 26% 620 25 % Jan 26% Feb 5%% Anglo Ltd 2nd Can Argus • Co 4% 36% 536 Ltd 4%% 53% Jan Apr 24 21% 104 103% 104% 635 35 no/4 ip/4 200 26% 25% 26% 10% 16% 16% 100 37 Jun . __ • 36% ai5 36% American Bank Oil Note Northern Steamship Mar 11% May 12% 24 Apr 27% Apr 950 16 May 23% Jan 141 36 Jun 45 Jan 15 15 15% July 22% Jan 39 39% 6,518 37% Jan 40 10 9% 10 5,944 9% Jun 11% 16% 16% 200 18% 19 4,398 • • all Exchanges page 43. — 71%. Jan ; a_. — 37% Jun 42% Mar 85 33% Apr 39% May Jun 10 Jan a4% 24% h a4% 25% 5 Jun 5% Mar 23% July 29% Mar 1% 1% 19 a 755 :Mar A J»iy 16,084 July 230 1% Jun 616 25% Jun 1,200 37% Jun 44 314 A 32 41% Feb 51% May 2.85 Jun 3% May 25%' 26% ,,38 39% ' Jan 10% July "16%. Apr 36c 2,060 36c • 44c . Jun 25% 100 May 23% May 14% July 8% 118 2 29 Jun | Mar 60c July > Mar 4 439 3% Jun 5% Jan a20 a20% 78 24% Apr 26% Jan 12% Feb 3va a20% 9% July 180 9% 9'/2 __ 9% 50 a44% ,a43 a44% ~ 44% 44% 8% 500 a56 24 9% 9% a56 a56 r 40% 41% 334 10% Mar Jun — au- Apr Jun — 43% Jun Mar 49 200 12% Jan 16% July 340 16'/8 16% a44% a45% 16% a44% a— 43% Jun 47% Jan Sales Week's Range for Week of Pricee Shares Loir 95 95 5% 88 35 5% 5% Range Since Jan. 1 High 1,070 34 % 34 V* 34% 8% 1,438 36 36% 33 1.325 8 l/4 4.55 860 Jan Apr Jan 7% Mar High , 95 July 5% May 36 % Foundries Apr Mar" 3% July 36% July al6 10 16 July 19 Mar * 5 37 »/2 38 170 35 Jan 40 Mar 6.15 6.15 200 80 381 72 29% 325 27 Jan 175 20 July * 80 29 29 10 •20 * 110% * L- Corp common ' 50 preferred al6 78 20 common Power 36% 32 % * Canadian Canadian 20 20 • 5.90 Jun Apr 7.00 87 Feb Feb 29% Mar 22% Feb 10% a 10% 250 10 % Mar 11 Mar 74 V* 75% 238 70 Apr 82 Jan 49% 49% 120 46 Feb 50% Mar 20% 20% 2.455 17 Apr 20% July 36 a — Canadian common 36 * • 34% 35 Jun 40 Feb 24 100 a28 a28% 36 * Ltd Canners Car & 20% —* Breweries Bronze Jun 33 Mart • 17% 17 % 18 325 15% Jan 18% 20 19% 19% 19% 515 17% Jan 20 % Mar Foundry common 14 Jan 17% Jun 17% May '21% Jan Class : A: — Jun • i ( Canadian Canadian Celanese Chem & • Cellulose 29 % 30% • common a9% 25 25% 26 • 25% July 13% Feb 25 25% Jun 33% 9% 100 3,318 -—IE & CO. ROYAL BUILDING BANK QUE. MONTREAL, Tel: HAnover 2-9250 Members: Montreal Stock Exchange The Teletype: NYl-1979 Investment Dealers' New York, and Toronto Canadian Stock Exchange Association Direct private NEW YORK — wires of Canada. with Maritime Provinces Branches - Sydney, N. S. - Saint John, N. B. 46 Jun 22 160 a9% a9 25% 570 '30% % 25 25 Pacific ••Railway^ W. C. Pitfield & Co., Inc. 30 Broad Street i 11% May 50 — 25 A Halifax, N. S. see a__ 25% — • all tfnougb our Canadian affiliate which has a direct private wire from coast to coast. For footnotes Jun 22 914 44c Jan Canadian securities. Canadian Stock 63% 195 Jun Co on Jan ' Feb 2,420 5% Iron Canadian Orders bandied 17% 10% 10% al4% • A — Canada 39% common on Jun 210 common Canada • quotations 14% 498 a24% a26% Canadian Fairbanks Morse common..." Est Feb- 60 1,400 — preferred Canadian Lgt & Pwr British American $1.30 Cement May 41 class Telephone iclass 105% July May 25 Telephone Ltd Canada __ _• Power Products Gold Dredging Apr 41 % 299 a38 19% . Mills Canada 2,473 a38 Jun 2.90 Products Building Jan 48y2 B Columbia British Bruck 49% 23% common... ■■ Jun 46i/2 __ 15% 8% Columbia Class 33% 23% 50 Forest Bulolo 4gi/2 pfd 29% Mar 15 32 pfd—100 4%% Columbia 17% May 23% Bathurst Power & Paper class A Class B British 35% Mar \ 28 Apr 7 t*»i Elec 16% Mar preferred_25 preferred Brazilian Tract 36% 25 100 Can Asbestos Corp common Atlas Steels Ltd Bell al7% ai7% • of Tel Co Corp High 14 Algoma Steel Aluminium Low 57% Mar Jun July 25% 9% 9"% al4'/e al4% a26% a26% -25c * „ 81 Columbia British Range Since Jan. 1 High 26% * 21 Jun MARKETS British • A— 50% 194 10,509 2.90 (Un) 10 Westingliouse Elec Corp (Un)—_12% Willys-Overland Motors (Un)——1 Woolworth (F W) (Un) __—.—10 British 25 common preferred Acadia-Atlantic Shares Jan Jan Sale Price for Week of Prices Low 15% 39% 1,393 23 27. LOW Range 12% July 31% __ STOCKS Salea Feb 321 9% Western Union Telegraph Exchange Week's Jun May 100 48 1 — Co Apr 720 a62% a64% a22 a£2Va 40% 42% a36% a37% Canadian Funds Friday 21% Mar 54 Friday Montreal Stock 43% 46% 1 Stores Jan 16% — 1 (Un) Inc Lines Dent 78% 28% July __ 5 —_ _—... Apr 350 ^9% Indies gugar Western' Air Western 668 a23% a23% Preferred 23 % Mar Jan — 1 Jan 80% 68% 1,258 • Westales Petroleum common (Un) West Jun 11% May al5% a-15% 25% 1 5 * .Western Jan :* 72% 35 5 Victor Equipment Co Warner Bros Pictures (Un) Washington Water Power 36/4 July 19 /b 28% Mai 59% 10% Mar 10 (Un) Rubber U S Jan Jun 32% ■ July 35 17,000 8c 7c 7c — T,,i" 32/4 110 21 43, j. 190 10 Jan 63 •12% Jan 14% 10 Mining-:. Mauricio Schenley Industries 200 — 14% _5 (Un) o7/ Mar 9% Mar 6% July 50 154 al5% al5% . Mar 27 % 283 Feb 7% Mir 36 a3% 128 14% II Inc Safeway Stores Inc St Joseph Lead (Un) 8t U S Steel Corp common Universal Consolidated Oil—— Utah-Idaho Sugar Co (Un) 1 Ryan Aeronautical Co 8 51 29% Mar a3% , — 1 47% July a3% 128 __ Mines Jan Tniv — — 1 10 25% July 53% July oia *• Jun 47 Jan — United Corp of Del (Un) United Gas Corp common (Un) Rights 41% 36 . 47 ; 139 19% 27 —2% Co 485 100 Corp Glass & 892 506 54 46% July 40% 240 12% • . __ . 15% July 45% Jun a3% 1 (Un) preferred Corp RKO a48 (Un) Union Carbide & Carbon United Remington 49% Mar 22 32% 21% , 27 ;a22 42 a29,/4a31I/4 55% , a63% Jun 148 __ • • Phillips Petroleum Co 500 30% Mar 23% Jan 160 16% Jan Jun 218 Feb 27 27 20"% 21% al3% al4% a31%a32% — 12% 32% • — Jan 13 42% 3,910 18% 17% „ 7.50 Products 33% Mar Jun 209 6% 28% 73% 73% all% all% 33% 33% 29% 30% 5 Corp.——— July 27 8% July 50 54 a72% a73% 30% Jun Jan 32% Mar 13% 300 6% __ United Pennsylvania Corp 30 46% 51% all% 1 (Un)— Corp Electric Sylvania Apr Jun 9% 306 54c Mold Super 6% Jan Jun 36c Sunray 119% Mar Jun 112 1,733 25'% May Texas Pictures Paramount 205 890 44% • — , —_5 —5 1 Stanley-Warner Corp Sterling Drug Inc (Un) Studebaker Corp (Un) 13% Mar Apr. July 1,317 28% Standard Oil of N J 61% Mar 101% Feb Jun 9% 24 140 4% 39c 9% 36c 9% 39c (Un) World Airways 115 4% __ 10c 1 Corp Jun 94 18 114% 115 100 common Co Stendel 1 1st preferred 26'% — • Ltd 53% Standard Brands inc 1U11) Standard Oil Co of California Standard Oil Co (Indiana) 27% 20 27 39% Mar 24% 255 a40% a40% _•_ 1 -25 Spiegel Inc common Jun — 126 46 % — Sperry Corp July 24% 25 A common Service Motor Palmer 1 ——2 31% 26 200 26% 25% 26 % Jun 22% May Jun 43% - —46% Jan 29 I 295 $4.50 dividend Pacific • Co Jan 37% 92 9% 14% 9% 14% , 4142 Apr 33% 123 30% 30% 9% 14% Jan — preferred a26% a26% 30% Southern Calif Petroleum Southern Co (Un) Jun 30% 4,736 "32% _ red Pacific 2fl 25 common preferred1st preferred— 6% __ Jan Jun 32 % 695 93% 36% 258 417 a33v« a35% 35% 35% a23% a24% a30 a30% — 75% July 1,016 37% — ■ Southern Calif Gas pfd ser A 25 ————2 5 Jan 29% Mar 26 200 Southern Pacific"Gas a35% i. 25 preferred 4.88% 37% -- High Low 928 13% 6 26 • common — Aggregates- ■— 1 Range Since Jan. Shares Low Signal Oil & Gas class A— 5 Sinclair Oil Corp (Un) * Socony-Vacunm Oil (Un) 15 Southern Calif Edison Co com (Un). • Preferred 4.08% _ ——-——-25 Convertible 4.43% preferred——25 Feb 3% May July 2% July 2,300 a3G% i37% 31% ♦ B - a56% a56% a37% • _ Filters class A 17c 2.300 19c 1 ; for Week of Prices High 76 81 Sale Price P*r High Low Sale* Range La!st Range Since Jan. 1 High 1 Corp (Un) Co Co United Oliver Low Week's Friday STOCKS week Sbarea of Price* Sal* Price Co Ohio Edison for HajigO Par JULY 31 Salea - Mcnctcn, N. B. Jan' Jan? July Jan —\ .... Volume 178 Number 5243 The Commercial and Financial Chronicle ... (419) '39 CANADIAN MARKETS RANGE Friday SlOCKi Week's Range Far Canadian Vickers cockshutt Coghlin Fann i.B Cqusoi Equipment J i Consumers Coroys Glass 350 13% 15 15 6,148 all __ 25 310 alO 20 27% Jun Thrift 16% Mar Jan Feb 15 Jun 34% 75 a4.25 19 13 10 25 a9V2 25 • Apr 24 y4 12 Leather Distillers Co class B Seagrams. Bridge Dominion Dominion Coal 6% « 15 United 2 27% 27% 77 75 • : preferred 25 5,105 24 y2 77, 9 __ 267 71% 9 200 . 25 July 10% Corsets Dominion Foundries Walker Corp 19% 2.50 2.35 2.50 13 y2 Dominion Glass ■> Jan 28 Mar Jun 84 Jan common 7V preferred Dominion Steel & Coal • __ Gooderham &. Worts • 64 63% 64 75 59 Apr 64 30 Jan 31'/8 75 11% 1,596 Donohue Chemical common—* 8% 8% 8% 1,538 _____—23'/2 20 20 20 V8 265 8% 9 1,831 8 July 140% 140 % 10 140 Jan Bros Paper Frastr A pfd Ltd TOO all05% Dynamics 3 General Steel Wares 31% 31% 6% 100 26% 6% 425 Gypsum Lime & _____10o • 25 25 _io Howaro Smith 14% a99% a99% al05y4al05y2 18y4 21 5% Jan _____ 5 95% Jan 100 Feb 75 18 Va Jan 23 Mar 26% 26% 1,500 25 Jan 26% July a28%a28% 5 25 Jan 29 % Mar __ __ Commerce — Royal 33% 33% Jan 35 40% 40% 40% 280 38% May 42 40% 40 40% 950 39 May 42 Mar a24% a24% 85 23 Jan 24 % July 10 —— ; __ 10 _____10 34% 14% Jan 17% Jan 13% July 20 Va 100 1,000 4.95 31 32% 58% 40 16% 100 16 35%" 35% 35% 905 32Va 15% 16 19 J___L_:5o Mar 31 110 28% Jan 32 July 36 976 31% Jan 36 May Exchange Apr 31 STOCKS 22% Mar Anglo-Nfld Jan 6 July Pulp Bickle-Seagrave 45 % Mar British 67% Mar Brown & Paper Co Development * Columbia 24% 24% 24% 50 8% 8% 8% 1,435 1.65 1.65 100 May Apr 17% class A Low * 12 l 8% * 88 * 49 1 6 16 17 291 Company common $5 conv 1st preferred $3.00 2nd preferred Apr 39 Mar 16 350 14 Jun 16 -2,543 17 Apr 19% July 42% Jan 46 May 40 Jun 58 Feb a45% a45% 25 4'6% 1,210 Hosiery Co Range Since Jan. 1 High «■ Packers Shares Low 5 Ltd Sales for Week Range of Prices Par Anglo-Canadian July Jun Week's Last Sale Price 105 % July 57% Funds Friday 19% 19 July 35 35% Canadian Feb 101 16% « 31 1,395 31 __ Canadian Stock 21% May Jun 58% • 7% May 10 ____________ Jan • common 31% July a2l Feb 12% 11 438 23 10y8 July 3,530 21% 21 1614 ; Paper 52.00 preferred Hudson Bay Miniilg Jan Mar 10 Scotia Butterfly Hamilton Bridge _"_ Jan 6.75 a20% High 25 21% July Jan Apr 9% Jan 1.30 May 12 July 1.65 July 7 12 1,000 9 2,150 88 114 49 50 400 5% Mar 97% Jun 47 6'A Jan 12 Jun 6% 15 Jun 86 * Alubastlne Jun 6 Jan Mar 285 __ II Jan Feb 1,625 32% i,___5 common Mar 5.10 common July * Motors General 1018 14 12% 5% 16 49% July 50 140 Vs May 18 21V4 Ltd 12% July 43% 50 1,011 preferred Canadienne Feb Jan 21 21 49 493/4 preferred Nova Apr 9 20% Apr 12% 21 al2% al2% 49% * Montreal May 15 y4 1 13%- May Banks— Jan 17 Jun 19 % May 2,200 14 * 5% General 16% 12% 10% 12% • Jan 8 Jan 2.80 15 a5.55 6% July 130 10y8 21 'A • 14 y4 Jan 21% May Jan 525 16% a2iy2a21% 10% 1 common preferred •General Bakeries 16% 20 common 40 al4al4% 16% —1 ——— Power Gatincau al4y4 ♦ class Co __ _J_* — Ltd. Corp Cc's 8% 100 Ltd Brewery al6% al6% • . Famout Players Canadian Corp Foundation Co of Canada common * 11% July Tar & Electrons * Apr Ltd « Jun 11% a5.55 common Limited Toronto _ 2.10 420 ■> : __ 31 % July 31 11% preferred Eddy 15 % 31 12,650 High Jan * Leaseholds (Geo) Zellers 13 %.' Jan 12 % 11% Dominion Textile common.. Dow 12% Mar 1,800 • Preferred , 2,525 15 Stores Dominion IV, 131/2 143^ __ —___20 ____ Dominion 13% 15 com __ 13% Jan 13 • Steel Low 137/3 • Winnipeg and Central Gas Winnipeg Electric 5% pfd 4.25 Mar • ____. & 1,750 19% 5% Dominion 193/, Range Since Jan. 1 High • Cotton Western Jan Jun 9 Shares Low « Steel Wabasso Feb Feb 4.25 Mar Ltd Oils Weston Davis for Week Jan Apr 8 Stores Triad July Jun 21% Sales Range of Prices Far High 12 y2 350 21V4 all Week's Last Sale Price 16 1,235 a4.25 • — A Friday Low 26% __ __ 31 Range Since Jan. 1 Hiah 13y4 2l'\A a _» ___ JULY ENDED STOCKS Shares al6% al6% 13j/2 • , Textile class al6% • Mining & Smelting Consolidated of Prices Low ♦ WEEK for Week Last Sale Price FOR Sales 49 % Mar Jan 6% Apr Jan Jan Canada & Dominion Sugar Co Canada Malting Co • 16 • Jan 18 53% Jan May Imperial Oil Ltd Imperial Tobacco of Canada 4preferred 6preferred 45% • ___ Industrial 51.5c 31% 31% 2,897 10% common_5 30% 10% 11 1,160 ____25 Jun 9'% 36% Jan 28 , 28% 23% 6'/8 6Ve 6% 500 5y2 Jan 30'% 32 2,975 29% Jun 36% Mar preferred preferred 30 32 ______4o 38 __. 50 Feb 51% 320 45 Jun 34 34 35 165 33 % Jun 42 Feb 100 156 156 156 10 146% Jan 159' Mar 9% Apr 11 % a82 a82 15 Apr 86 4.40 4.00 4.50 28,610 2.25 Apr 4.65 Jan 24 Mar Apr 1 3.65 3.75 600 3.65 July 5% Jan • 8% 9 1,050 8 10% Feb 60 60 60 79 58 July July 70 Va Feb 100 100 100 3 100 Feb 105 Feb 7 306 Jan 7 July Apr 80 5% International 150 29% Jun 36% Mar Canadian 360 37V2 Jun 39 Canadian July (John) Intercolonial Coal International 6'/, Intl oi 100 __ Bronze preferred Nickel 10% Powders International Petroleum 5>A International 295 Marconi al7 33 40 5 Jun 16 Mar Combined Jan 6% 57c Jamaica Labatt Lake Pipe Line Limited of the Laurentide pfd__ (John) Woods preferred 38 % Apr 46% 47% Jun 55 22'% 24 455 22 July 69% 69'% 35 62 Apr 70% 26% 325 24 y2 Jun 29% Jan Dominion Engineering Works Oilcloth a Apr 18 Acceptance^ class A Consolidated t 29% Mar Consolidated Textile 28'% Apr 32% Jan Dominion 19% Jun 29% Feb Frontenac Molson Breweries 100 100 10 -al8al8% 50 __ a30 __ a30 100 . 25 Feb 17 10(1% May Jan , t Montreal Drug National 18 Apr Federal 33% 29% May Feb Fleet Steel t ' ' Grain Ltd Shops Penmars Chemical 35% Feb 3.00 July 5.00 Jan Ford Mills 26 61% a27 16% ♦ 18% 502 19 Jun Paper Co Ltd common..* Hydro-Electric Securities Corp _<1 al6% al67/8 30% 10 Jan 10% Jun Foreign Great Power 6% Sec red pfd 755 16 Jun 20% Jan Journal Publishing 5 80 Jan 84 Jun Lowney Co 8V« 8% 3,740 Jun 10% 29'% 638 28 Jun 38 Jan 25% 25% 290 24 Jun 26% Jan Minnesota 25 % 25 % 210 24 Jun 26 Jan Moore Corp 47 34 46 Jan 47% Apr Mount Royal 20 98 % Jan 100 % 8'/4 200 11% 11% 105 25V* 25 '/2 110 9% Jun 8 11% July 13 Jan 68 27% Mar 25 Apr 200 30 July 36 Feb 934 63 Jun 78% Feb 30% 31 75 29% Apr 31 % Jun a21 a20 a21 35 18 Apr 21 Jun 70'A 69 65% Jun 72 Jan __ " * " ' ' - ' Power Corp of Canada Co Ltd a50 1 48 Mar 52 325 32 Jun 45 Jan 1,880 20 Apr 25% July 35'A 341 33% Jun 40 30% 31 600 27% Apr 34 • __ a2iy2a21% 107 18% Jan 22 Jun al4 21 13 Jun 14 Feb al4 Maritime Ltd Orange Co of (Walter Canada a Vz'l 14 - 2 98 98-. 98 • 98 Mar 99 30% Apr 126 36% "37 % 2,293 36% 45.45 % Jun 43 Breweries Simon (Ht Simpsons & * common 42% Feb 46 July 75 47% Jan 51 July 19%il9% 50 19 July 22 Jan 2o 450 20 Feb a90 1 91 July 50 , 19% Sons 5% pfd * Canada Co cf new 1 13% if 14 985 26 $ 13% 26 50 26 • 32% <■ 32% Power Canada common ^ 90 a ____» Co Southern 25 100 , Southam Steel 25 1 Paul %2 % Jan 26 Feb 90c Jun 59 Apr 68 23 Jan 33 680 15 Apr 63 a27 2.25 Feb Mar Jan 5.00 Jan 4.50 550 12% 2,354 10% Jan 12% May 15% 4.50 4.30 Feb 17% Light 45 13% Jan 16 July 16 Mar Apr 392 15 15% 15% 1.50 1.50 245 1.20 Feb 26% 26% 420 24% Feb 27% Mar 26 25% 26 585 24 Apr 26% Mar * Ltd____ & a » : Mills Rice 15% 26% Power__ 10% 10% 11 825 10 Apr 13 % May a20% a20% 40 18 % Jan 20% Jun 350 3.15 Jan 4.25 Mpy 10 * Ltd Stores 15% 4.00 3.90 100 7 110 110 110 55 109 57% 57 57% 100 =.__4 __— Corp of Can 6% cum 1st pfd.100 n Trans 2nd part c Canada Traders preferred 6% Pr Finance 50 4.00 122 122% 43 27% 28 490 " 35 % 36% 675 30% 100 A * Mountain Oil Pipe Line__ (Can) Ltd Gas of Canada 7 7 * pfd cum class Corp Union Watson Jack Westeel Products Western Canada Mining Aconic 8C 4.000 31 7c Ltd & Apr 1.50 50 55% Jan 118 27% 33 7c July 8V8 Apr Jan 112 % Jun 58 % May Jan 125 Jan Jun July Apr 30 % Mar Apr 1 46% 17c 26 Feb 31 12 200 11 Apr 12 % —" a21 a21 50 20'A Apr 23% ______5 al5 al5 15 15% May 1.55 1.70 Ltd Co 12 Ltd Breweries Ltd Feb Jan July Mines 1 Jan Feb 16 Mar 1.70 3,000 1.37 July 1.70 July 1 Gold Mine 21c 23c 2,000 20c Apr 51c May 1 Ltd Yellowknife American Anacon Lead Ankeno Mines Mines Arno Arnora 91 23c 23c 2,000 22c Mar 35c Jan 4.60 5.00 24,350 V Ltd. Mines Ltd 4.75 14 %c — 2.25 Apr 5.70 July Mining Baska Mar 26 Jun Jan 32% July Belle July 32% July Belville 31 & Beatrice Red Jan 3%c Mar 9c Jun 20c 70c 73c 13,000 62c Feb 1.04 2.45 2.45 100 Jun 4.10 60c 60c 500 56c Jun 1.09 May 5c 5c 500 4c Jan STOCK Ltd STOCK * Brunswick Mines Gold Mining Ltd.. & \Smelting EXCHANGE Jan Feb 10c 10c 500 9c Jan 15c Feb 50c 54c 45.900 34c Jun 84c Feb 35c 500 35c July 39c Jan 29c 32c 13,500 1.10 Apr 3.00 3.00 3.00 4,945 13,000 35c 10c 11c 1 16 16 16% 550 21c 20c 21c 5,500 1 7c Apr 53c 1 1 vtc._. 2.25 May 10c 4%c Jan 2.50 Mar 3 %c 14% 20c 4.00 May Feb Jan 22c Feb 23% Apr 46c Apr July EXCHANGE CANADIAN 2.45 1 Ltd Mines Metals EXCHANGE TORONTO — 1 Bonscadillac HART |Jan 2c 29,000 -1 Ltd Gold Rare 29 %c 1.000 16c 1 Mines Mines Ltd— Mines July 2%c 13 %c 1 Ltd Gold Lake Gold 14c 2%c 14c Chibougamau Mines Ltd.. Bonville STOCK Mines Uranium 17 Jan 7,500 2%c 1 Corp.. 1 Feb 27% 14c 15%c * Lid Sulphur July 12% 2,267 32 MONTREAL 12 Stocks— Mining Corp 21 105 31 % T32 % SAVARD st. james st. west, montreal Telephone Branch • Carnegie Mines Ltd__ Celta 1181 Feb 24 75 1,500 5 Co common Service 6% Boreal Dev & Ltd.. Mining Co Centremaque Gold Mines Ltd Cheskirk PL-9*501 Mines Chibougamau Chimo Offi-es. Ltd * 62c 61c 75c 11,900 16 %c 14c 17c 135,400 11c 11c 1,000 1 Ltd_ 6c 1 90c 1 St. Catherine Street West, Montreal SHERBROOKE - ST. JOHNS, P. Q. 1.000 6c Jan 80c Jun 1,400 1 10c 1 4c 4c 35c 30c 1 9 %c 14 4 " >1.22 July 19%c Feb 14c Feb 1.35 Jan 4.40 Mar 4.300 18c July 38c Jan %c 29.000 9c Jun 25c Feb % c 10,000 3c May 6 Vac Feb 35c 2,000 28c Jun 54 %c Jun 20c 18c 1 Mines For footnotes s?? page 13. Feb 5,000 Mines- ____ Feb 19 %c 6c Rochette Ltd 1.50 Jan 91c Candego Explorations Apr July 1.50 6c Consolidated Cortez 10c 89c 1 TROIS-RIVIERES 50c 6%c 1.22 1 — Explorers Gold Consolidated QUEBEC 25 24 26 12% a 10 ; Paper Crush Ltd Power Bobjo 276 Apr 25 1.00 25% July q MEMEERS: 16% * 1 Sick's 26% Jan Mar 3-55 50 45 ,_50 « 28% July Apr 37% Mar 35^1 35 % 37% • Feb Apr 35% 50 63 ♦ Co Ltd com_10 Ltd Ontario & Ottawa M)_ Teleg and Tel of Amerinium 100 May Mar 33 31 common 20 Jan 35 25 lA 34% • 1 Power 147 24'/4 __ 25J/4 __• common. 70 'A a50 1 May July Jan 69 -'30%• -30%'. 63% __• Jun Jan 7% * ___. 38 Jan 29 ' common Apr 30 a20% a20% 100 Lakes 82 * "• - Jan 3.75 2.50 Mar 1,268 16% Motor Co of Can class A ^ 72 34% Mar 8)4 • 3.00 1.00 July 25% common 3.00 " 9 25 % • . 15 a29% a29 % 20 20 • Lid 29% 1 7% July 11% Tubes Paper 29 ft July 300 8% Mar com___l_5 Development Quebec 105 a " 19 y2 May 100 Car River Company Roliand 20% 25 40 ._ Products _J & 27 800 50 47 • preferred Placer Bros". 463 21% 21 preferred $1.40 a98% a98% A • Powell Price 28% 21 Inc Transvision-Television ; 27 150 25'% class , Page-Heiiey 28% " 8 8% Weaving Mines Flour 5 20 ____5 Ontario Steel 20 Manufacturing Ltd Southern Ogilvie 50 alO 29'% Ltd & Wire Noranca 20 8 • Oii Co 5% Niagara 20 20 82 Preferred 1 20 alO 82 Telegraph National 20 Linoleum Candy Newfoundland , 4,006 20 __ al6% i ■ Morgan Farmer Fanny Mica B 500 38 Dominion Woollens & Worsteds preferred™____100 5% McCoil Class 80 3.00 37% 1 25 & Feb 80 3.00 38 :__ 3,030 0 Matssey-Hains i Corp 29 • Corp 3% pfd 5% 22% class B__» Exiiort 7 80 * 18'% Blnedel & Zellerbach Mills 29 Ltd MacMillan Jun Mar • Ltd 21 Va Lindsay iC Wj Mailman 82 ; common Paper Corn 29 ______-20 Bros 7 ■ 8 Preferred Lewis : Commercial Alcohols Ltd Jan Mar 22% 0 , 36 alO Feb 26 __ 9 . * _1 25 100 common * common 612 24 —_ Public Service 7% Ltd 3,643 ____25 Interproviriciai Enterprises 17 ___5 Preferred , ____. 41% • Corp_ alO * Lumber Co 40% __ Utilities 54% Feb Mar Mar Crown International 0 com Weslingliou.se Co Ltd Industries preferred Casmont Jan Company Western 49%- 51'% __ Power Ltd 5'A 12 Tr & Mach 41% common__„___7.50 Co 40 10 y2 July Fdry 51% * common Paper 38 5'/4 ___25 — Canada International 100 • . 51 com 10% 38 __ Inv _100 Javelin Canadian Inglis common preferred Canadian 32 38 Ltd preferred 38VA 31 Va " 23 115 50% * Canadian 6% May 32 3,000 53% ■» Industries 11% July ___JEl __ 53 Dredge & Dock Co I'/o Jan common..* Acceutatice Corp $2.oc 45% Canadian Canadian & Smelting 53 16 - | The Commercial and Financial Chronicle... Monday, August 3, 1953 40 (420) CANADIAN MARKETS RANGE (Cont.) Canadian Stock Exchange Mines Donalda Nickel East Sullivan Eastern Fab 1 Ltd Mines Rim Mines Fenimore Mines Fontana Frobisher (1945) Graham Mines Ltd Grandines Mines Ltd Gold — Mines _ 69c July 15% Jun 23% Feb 1.53 Apr Jun 7c Jan July 9.25 Feb 5c 4,500 5.55 200 86c 2.35 100 81c 3,050 100 3c 5.45 Apr 1.43 trust July 61c 61c Jun 7.80 8.50 1,400 14 14% Development Min Kenmayo Yukon Mines Co 14 1,935 Jan 12% 13% Feb Jun 3*95 15% Jan 12c 18c Ltd 5.20 64c 39,100 51c Jmy 1.85 3,500 10c Jan 24c Feb 25c 1,000 25c July 50c May 8c 2,000 7%c Jan 12c Jan Keymet Mines Ltd Klondike-Keno Labrador -■ 7c Ltd Mines Asbestos Mines Lingside _ Mines Mclntyre-Porcupine Island Ltd Mines Monpas Mountauban Nechi Cons Nesbitt Ltd Dredging New-Delhi Larder "U" Pacific Coal New Mining Ryan Lake New Santiago Nocana Obalski Opemiska Orchan Pato Pitt Uranium Cons Dome Chibougamau Jan Jun 8c Jan 4%c 3,000 45c 15,600 Mar 40c 65c Mar 21,500 35c 4%c May Feb 65c Jun 3,100 25c July 2,000 18c July 34 %c Jan 8c July 18c Mar 2.85 27 %c 16c 2.85 300 27c 27 %c 6,500 7,000 24c 24c 6,000 1 1.40 1.40 200 37c 41 %c 7,600 3.70 3.70 3.70 1,000 3%c 3'Ac 3%c 1,000 37c 2.85 Ltd— 1 —— 4.20 Jan 77c 1 — • Agnew-Surpass 2.89 2.82 7,500 18c May 1.30 37c Jun July Jan 3.05 2%c May 1.84 Jun 25c May 2.00 42c Feb July 3.75 Apr 5c Red Crest Mines Gold Ltd 3.15 Jun 10c 6,500 10c July 21c Feb 65c 500 65c July 1.54 Jan Mar 21c Jan 17c 1.10 4,500 1.08 Jun 1.54 May 18c 20c 23,200 8c Jan 24 %c July 4%c 500 4c Feb 16c Jan 7c 1 4c 1,000 3c May 1.28 4,200 90c Jun 1.45 May 3.40 Rexspar Uranium & Metals Rix-Athabasca Uranium Mines 1 1.95 1.95 1.95 700 1.67 Jan Royran Gold Fields Ltd 1 12c 10c 12c 3,500 8%c Jan Sheep Creek Mines Gold Sherritt-Gordon Stadacona -50c Ltd Mines ... 62c 4,800 62c July 4,30 4.35 40o 4%c 4%c 2,000 4c May Jun * Ltd (19441 62c 1 Mines Ltd 34c 1 _ Jun 4.25 1 6.70 34c 3,067 31c 7%c _ Steelby Mining Corp Ltd Steep Rock Iron Mines Ltd. Tazin Lake Mines Ltd . 7%c 1,000 7%c July 6.45 6.85 1,650 Jun 6.15 Silver Trebor Mines 40c 12c 1,000 12c July 25c 46c 19,100 25c July 12,500 1 Ltd _ 12c 12c 13c 1 _ _ 1.20 1.19 1.20 300 18c 18c 18c 1,000 1 Ltd Mines 12c _ Tiblemont Goldfields Ltd Tobrit 1 V Ltd.. Mines — Alberta Consolidated Alberta United Asbestos Corp 7c 17c Mar Jan 1.00 5.80 Jan 8c May 50c Vinray Malartic Vlolamac Mines Ltd 1 - Feb 9.70 Feb 6c Apr 83c Jun 11 %c Jan Jan 39c 1.10 16%c July Jan 1.65 46c Feb 1 Mines Weeden Pyrite Wendell Mineral Products Ltd 1,500 25c Jun 52c 2%c 2%c 5,000 2%c Apr 5%c Feb 2.40 2.65 9,400 1.38 Jan 3.25 Apr Jan 2.40 48c 31,500 35c July 33c 29c 35c 27,200 25c May 2.10 2.00 2.18 8,200 44c 1 _ 100 41c 2.60 1 & Copper 4.80 Mar 3.65 40c — Western Tungsten Copper Mines Ltd—1 14c Jan 48c Feb 10 Jun 18 345 18c 20'Ac 30,075 8% 100 42c Gas Jun 1.90 9% 9% 9% 1.26 1.10 2,700 1.75 2.15 20,300 2.15 3.40 __ 1 30c -• 2nd preferred Amalgamated Larder 34% 36% 46% 48% 23% 24 35c 11,613 „ 35c * 32%c 50c Nepheline American Yellowknlfe American Amurex Anacon 75c — 23c 15% 12% * . 25c 1 Lead 4.70 4.55 1 8c 8c * * 1 Petroleums Anchor 84c 1 Oils class A 5.75 13 84c 28c 15% 5.05 9c Anglo-Canadian Oil Anglo-Huronian Anglo Rouyn Mines 5.40 Consolidated Resources Aquarius Porcupine 1 41% Gold Metals Ascot July 54c Jan 35,400 60c Jun 84c July • 72,000 45,292 16 %c Jun 40c Jan 55,500 6.500 2.26 9.15 Mar 6%c July 5.40 July 7,408 300 4,500 Aubelle Avlllabona Banff Oil — Feb July 31c 31c 2,000 30c Jun 11% 12 720 — 80 80 11c 20c 16% 8c 7%c 7%c 17c 10c 20c Bank ~ Nova Toronto of .— L Scotl* B*nk of Bank „T Mines — Ltd—— 41 -—1 —4 Mines Barvue 10 1 Montreal——^. of 2OV4C 4.15 2.44 7%c 33% - — 2.45 20 %c 23%c 4.00 4.30 2.37 2.45 7%c 7%c 34 41 1.37 2.45 July 66%c Mar 43c Jan 4.40 Jan • Barymin Co Ltd Bathurst Ltd class Power A Lodge Uranium Yukon Altex Oils Limited * Bailey Selburn Bristol Oils 31c 500 5.50 5.30 2,100 35c 31c 36c 26,300 1 4.15 4.15 4.25 300 42c 42c 2,500 ... * Ltd— Petroleums Antone 31c 5.80 1 _ Anglo-Canadian Oil Co Ltd Oils & Gas class A 1 Limited — Jun 30c 5.15 30c July July Jun Jan 8.15 80c 4.20 July 38c Jan 72c Jan 5.90 44c & Canada Oils Canadian Central Edmonton ♦ Corp 10% Ltd.: Land Devonian _ Explorers Ltd " Allenbee Cordasun Consolidated Peak Oil & Oils Gas 10% July 13% Jan Jan 5.10 Jan July 1.56 Jan 3.95 July 5.95 — 85c 3,200 4.50 1,500 45c 3,000 45c July 96c 45c 600 39c July 80c Jan 38c 38c 2,000 38c July 80c 7,696 — 13c 7c 8c 19,000 Blue Ribbon Corp common * 16 43% 16 43% 16 43% 35 25 1 Boymar 1 Rio Producers Empire Oils Federated Jriume New Pan 1.27 Jan Poplar 5.15 5.40 200 1.05 1.02 1.15 6,700 25c 25c 5,000 25c a8 1.10 * 5.00 July 1.02 25c 7.50 Jan • _ 2.55 25c _ Bralsaman Grass Empire Oils Ltd Tri-Tor Oils Westburne Western Wilrich Oils , „ _ —1 Ltd—- Oil Co <1 Limited Homestead Oils Ltd— Petroleums Dtd For footnotes see page 43 43c 0 — 10c a8 107 7.75 Jun 13.25 —1 Jan 45 Jan 49c Jan 8 Jan July 6 89c Apr July 24c Jan July 700 3.00 July 3.50 Brazilian Bristol Traction Red Brewis 8%c 9c 40 Jun 72c Jan 12,000 1.75 Jan 2.99 Jun 12c July 30c Jan 6%c July 14c Jan 16 41% Jun 45 19c Jan 57c 164,200 2%c Jan 1.08 Apr 2.500 12 %c Jan 20c Jan 8%c July 18c Feb 16,400 10c 7,700 10 ll%c 1 35,700 68.300 14,000 2.00 39c -- 1 Oils 2,150 250 9% 10 llcl2%c 2.14 41c 1.45 * Ltd Jan 1.10 900 1.04 Jun 1.52 Jan 2.70 100 2.25 Apr 3.30 16 30c Jun 52c — Gairdner % 40 1,600 1.25 July 2.25 9,721 9,200 2.00 July 2.18 July 2.12 29,700 1.95 July 2.18 July 21,500 500 1 1.01 93c 72c 72C 75c 4,700 1.03 113 5,200 48c 01 49c 30.650 1,900 41c July 7£c 2.65 July 89c ,70c. 1.03 48c 1.70 May Jan July July Jan 3.85 Mar 90c Jan 1.65 July Jun Jun 5.25 Feb 1.15 May 1.90 Jan 9% Jun 11% 9c Jan 1.30 July 32c May 19c Gairdner & Company Limited Members: The Investment Dealers' Association of Canada Jan 1.10 Jan ' Investment Bankers Association of America SECURITIES *, — .Feb Jun 53c Whitehall 4-5335 Affiliates Gairdner, Son ^Company Members: The Toronto Stock Exchange Montreal Stock Exchange Canadian Stock Exchange Wire system to all offices Jan , 3.35 Company Inc. Street, New York 5, N. Y. Canadian Feb 2 12 2.65 Wall Mar 1.35 2.08 42c 44 %c Apr Mar 3.80 Jan 2.000 Jan 1.00 36c Apr 4.15 1.45 4.00 1.31 4.00 1 ordinary Lake Mines Jun 2 64 1.08 45c Feb 2.10 Jan 3.00 2.65 Ml 13c 13 %c — 1 Petroleum CANADIAN 0 Sweet Trans 32c Jan July 1.95 « _ 28c 30c 34c Feb 1.10 May 49c .Jan Julv 1.25 2.12 43c Jan July a8 46c 1 Ltd- Feb Jun Jun 1.17 May 2.40 * _ Co Ltd Ltd 3.70 Apr 3.00 1 __ Ltd Co Petroleums Oils 2.10 July 55c 2.70 _ Corp Oil Oils Oil 900 5.40 Ltd Western Phillips Pontiac 1.400 1 * Ltd Petroleums Oils 2.30 a75c * * Ltd Continental Okalta Ltd 2.10 a65c 2.30 1 Ltd Petroleums National * Ventures Ltd Oils Oil Co Merrill Ltd Minerals Petroleums Gaspe Oil Gateway & 31c 33c * Mines Bralorne Brilund Del Apr 37% Jan 39c 1 l 80c 3.10 1.55 36 26,300 47,800 2,500 Jan 600 45c 1 Ltd Ltd Oils 530 3.60 4.25 85c * Consolidated 10% Jan Jan Apr July 3.50 Petroleum Consolidated 10% 4.20 19c 42c 47c 13c Bordulac Calgary Jun 55c 39% 1 Mar 1.55 1.30 39 1 Mar 43 2.25 7%c Mines Bonville Gold 42 24c . July Apr 6,448 110 3,900 — Jan 12c 35 Jan 24c 1.00 Jan July Jan 22c 7 Feb 5.80 3.00 Feb 1.05 24c 40c Bobjo 42c 38% May 44c --50 Apr Jun 38% 1 —— 61c 31% Kirkland Preferred Jan Jun 6%c Jan 30c Jan 3.10 4.00 July OH Stocks— Bldgood Feb Jun 1.90 1 Mines Apr 25c 17b 1 - Jun 33c 19c 1 Mines Gold 11c 8,500 1.00 25 Telephone Bevcourt Feb Jan 10,000 20,400 10,700 50 — 1 Mines Jan 16c Jun 1.40 24c 7 89c Feb 23% Jun 25c 27 %c 56c 62c 22%c 25c 36 36 1.37 Jun 27c Jun 2.35 14,500 8,950 — * Bellekeno Blbls 24c 1 Beatty Bros Bell 25c 56c —— Beattie-Duquesne Beaver * • II Uranium Petroleums — • Mining Mines Metals Base Baska Apr 15 6%c 260 1.27 2.30 1.04 16c 60 40% Jun Feb May 13c 1,000 90 40% 40 Jun 7c 11,050 2,720 8,600 33 'A 25c Jan 15% May 1,000 25,600 20c Jan 14% July 500 4,399 2.40 22c 16c 10c 2,600 2.35 Jan 60c 40 5,950 1,950 6,250 13'Ac 14%c 85 6%c Jan 12,200 12% Jan 8c 8,000 75c 14% 13c 16% 8%c Jan 55c 11% July 7,500 70c 14% Jan 78% 60 10c 21c 10 10 „ Bankfleld Consolidated Feb 34c — 1 1 50$ Mines Bagamac 80c Jan — 1 Mines Ltd 13% May 9c 14%c 1 Gold Aunor Jan Feb 10c 8c 1 - Jan 8.25 12% 35c 30c — 1 —-J 1 Jan Jun 11 %c 16% 1 Mines-— River 21c May 1 Mines Aumacho Apr 5.70 July 5c -* Steels Atlas 20 10c 17c —1 Atlln-Ruffner Apr 2,500 248,200 70c A.___.——10 (1937) Mines Athona class Hardware Ashdown Jan 30c 30c 25.600 — -1 Corp Jan May 17c 1 Armistice 53% 24 104% July 5%c 34c — -1 .—_ Apr 5c 2oc — 100 Preferred Arjon Apr 21% 100% May 14c — * common Jan 38c 5c 34c 1 Argus Corp Jan 49% — * Mines 43c Jun -- 1 Mines Ankeno Apex Feb Jun 16%c July 5.90 13 42c 12% Feb 3.85 Jun 33% 330 500 _1 Jan 2.80 28c 755 103 104 16%c 16%c 104 1.35 3.00 3,103 24 9% July 1.65 Mar July 1.70 July 308 48% —- Petroleums Ltd Leduc 36 • preferred Jun 1.10 90c 100 500 3.40 30c 25 Ltd of Canada 9'/i July 9,200 90c B^May 47 1.12 * — Steel Algoma Aluminium Aluminum 8% Jun 3.65 — 7% Mar 18% Mar 1.26 * Mar 16c 41c 1 Feb Feb Feb 3.65 1 Ltd 6% 16% 17% 1 Pacific Cons Rata United Lead & Zinc Mines Knife Albermont Petroleums Barnat Tache T 135 10 —— Petroleums Yellow Feb 756 • Preferred Alax Akaitcho Bailey Selburn Oil & Gas class A 1 Mines Ltd Soma-Duvernay Gold Feb 4c 1.25 4c _ _ 14% Mar 26% 7% Jan 65c 4,500 common Aumaque 0 Apr Jan 26% 18%c * 12% 25 'A 7 17% 1 A High Loto 11,985 14 26 '/a 26 % 7% • — 13% Jan 4'/8C 18 % c 1 , Jun Jun 2.50 20c 1.10 1 _ Jan 19c 16 %c 1 Quebec Labrador Development Quebec Nickel Corp Ltd— Quebec Smelting & Refining Ltd—. Quebec Yellowknile Gold Mines 8%c July 10c 1 20 common Acadia-Uranlum Area 1 __ Feb 15,750 13c 16c Class 13% Range Since Jan. 1 Share* High 2.90 Feb 66c 9c 8c 1 _ 37c 18 %c 18 %c .—1 __ Jan 500 46,250 30c 1 Fields 75 %c 40c 1.25 • 1 . Mar 40c • .. Jan 28c 1 — 36c 1.00 -- Apr July 10c 1.20 - _ _ 2,000 10c t> — 10c 1.75 10c . • common.. preferred $1.60 Low Jan 47c Jan . Paper Acadia-Atlantic American 1.65 . Ltd Mar 1.30 Ltd Gold Quebec Copper Corp Jan 66c 14% 11 % 4.45 50r, Mines 69% Jun July 56% July 35c Jun 1 Gold Dredging Mining Co Ltd East 900 Jun (Quebec). Mines 4,000 Feb Jun . Mines 60 36c 11% 9%c 68c _ _ Copper Gold Preston Que Ltd 56% Jan 80c __ & Power Jan 200 Mining Corp Ltd (1945) 4c 12c 4,500 _ _. 1,000 40c * _ 5c Jan 5.000 Ltd— __ 6c 75c 1 Nubar Mines Ltd.. 1,000 Feb 81c Mines Ltd Normetal 6c Jan 70c 8.65 6.40 July 1.90 Ltd __ .. 150 70c 1 Mines Ltd Mines 11,500 Feb 81c Mines Oils & July 22c a6.65 10% 1.90 . _ Co Island 20c 20c Mar 25c 1 . Highbridge Jun 1 - New July 8 Ltd __1 Mines New 12c 600 45c Ltd New 500 41c Ltd Formaque Mines Ltd 12c 8.15 4%C 45c Par Abltlbl Sales for Week Range of Prices Sale Price Jun 35c 45c __1 New Jan 80c 11% ' 11% 1 - Ltd Mines Mines . • • Uranium LaBine Calumet New _.l ... 47c Jun 56% —5 . Ltd Mines Jan Apr 40c 5c — — 14c 10c 500 6c 0 Ltd Mining. Corp Mining Corp of Canada Ltd 6%c July 6,000 a6.50 21c 1 Ltd Co 3,000 15c 55c 12c a6.65 1 - 7%c 55c 8.00 — 1 .... _ ... — Mining • 1 Ltd— _ ' -.'-i 1 - _ Ltd Copper Merrill I- - Mines Lake Shore Mines Ltd Lavalie —- 1 - - Mining & Explor Co Lafayette • • Last Feb 11c Exchange Week's Friday STOCKS Apr 15c -_1 . Mines Lid Keyboycon Exchange Canadian Funds Jan Jan 25c —: July 48c 10%c 10 %c 12c 7,600 8c 1 1,500 2.10 51c 63c 12c 1.90 1 _ Toronto Stock Jan July . . Kayrand Members The Toronto Stock Jun lbc 20c ■ CO. STREET, TORONTO, CANADA 3.80 Jan Feb 1,000 8.50 b FIELDS C. 200 BAY 1.29 Mar 2.30 May 79c 58c 1,300 1 — C. Jan 80c 16c 1 voting Inquiriea Invited 1.64 May 1,050 20c 1 —.— Ltd Mines Jan 2.40 Mar 16c. 1 _ ______ Jacuiet Mines Ltd Jardun 6.70 Feb 20c —5 Ltd... Mines.— Uranium 3,900 81c --1 - Inspiration Mining & Dev Iso Apr 1.05 1 Hollinger Cons Gold Mines Ltd Hudson-Rand Jan 4.35 • Mines & Metals Gui-Por Uran Gunner Gold ' 8,400 86c — • Ltd Mines Jan May 1.63 16 2.35 86c 1 Mines 72c 5c 0 Mines Gold 4.20 94c 1.05 5.50 1 ----- -- Bousquet Jan July 95c • Golden Manitou July 1.04 15% —I — • Ltd God's' Lake Gold 1.15 50c 10,000 69c 69c V Ltd 25 1.15 1.08 — 1 - Mines— Iron 1,000 prepared to comment on your holdings of Canadian oil stocks are ) Mines Ltd Falconbridge Nickel 3,000 We 22% Mar STOCKS OIL CANADIAN High 17% July 219,100 66c 1.10 a5.00 a5.00 1 1 ------ 1.71 63c — ■ Ltd— 400 1.10 — 1 __ _ Ltd Mines Metals Corp Metal Ltd. Mines Range Since Jan. 1 Low 17% 1.16 1.34 .„1 Dominican Asbestos Mines Ltd East Shares High 17% Ltd JULY 31 for Week of Prices Low Par WEEK ENDED FOR Sa'es Range Last Sale Price stocks Dome Week's Friday ■> Jan Volume 178 Number 5243 The Commercial and Financial Chronicle ... (421) 41 CANADIAN MARKETS RANGE FOR WEEK Friday eiocKs Week's Range Brltalta Petroleums 1 British American Oil common • British Columbia Electric 4% pfd—100 4%% preferred preferred 57c 100 Class Reef Brunhurst Power class class Apr 5% May 12 July Jun 12% 34% 34'/a 35 2,322 33 Feb 2,335 70c 63,400 2.37 2.35 2.39 2,900 19c 19c 23c 37,550 19c 45c 14c 2,426 13c 17c 143,325 93c May 1 15% 17% 8 %C 68c 500 • 1 * Knife 21c 20c 21c 4%c 5'Ac 37 37% 20c 23c 15 %c 19c 19% 19% 34% Red Iron —1 common 15c 21c 10% 16c 15 %c 17c 1.15 1.35 • Stone- * 8,525 33c 40c 4,700 10 i July 34c • Power 25c Packers Permanent Mortgage Southern Oils Lands 1—• class B 672 10'A July 14% Admiral 1 33c Mar Jun 1.10 32c Oils 2,600 2.25 80 78 80 500 29 29% 220 6% 6% 6% 120 20% 5.70 4,274 20 53% 10 % 11 Celanese $1 preferred preferred Canadian Chemical Devonian 29'A May Apr 10 .Rdv 9 12% preferred 57c 181 9.50 1,213 8% Jun 1,000 2.40 Jun 2.45 3.25 July 28% 5.05 Feb 77% May July 29 % 10c 10c 11c July 2,600 10c Jun 18c Mar 13c 13 %c 16,000 10c Jan 19c Feb 4.75 Jan __ 4.30 4.30 4,40 270 1.20 8,960 99%c July 28c 26c 28c 7,063 1.50 1.50 1.50 300 25c 77% July 2.45 2.50 14.862 16c 18c 2.00 6,900 4,550 13c 1.70 1.66 Jun 2 2.95 Jan 27% 27% 27% 6,190 24% Jan 27% Mar 2.50 5-50 5.35 5.50 1,300 • 17% 17% 17% 945 1 1.33 1.16 1.71 291,345 — 30% 31 401 27'A Apr — 14% 15 1,305 12% Apr 2.05 2.05 July 10 & Steel • com 5.35 1.15 July 99% 99% 100 36 96% 13 12% 13 900 12'A Jun 45'A 45'A 43'A Jan 50 __ 60 • 12 11% 12 3,635 • 17 16% 17 220 9 8% 9 603 20% 20% 300 9 175 Jun 47 Feb 140'/a July Jun 9 Apr 20% Feb 19% Jan Textile • common 8% 100 8% 140'A 140'A — * 3,25 — 1 65c 3.25 69c 61c 185 3.00 11 Jan 5.00 Feb 152,100 49c Jan 94c 1 48c 43c May 48c 8,998 38c Jun 96c Jan 1 38c 31 %c 40c 63,725 30c Jun 58c Feb East 1 1.99 1.97 2.05 9,800 28,350 Gas & Malartic Rim Mines Nickel Mines 1 1.10 1.05 1.12 East Sullivan Mines Mav 1 4.75 4.75 4.95 1.12 1.07 1.19 5% 5% 100 5% 5% 50 26% 26% 75 50c 53c 2,750 • * Easy Washing Machine Economic Invest Jun 3.15 Feb 4.20 28,100 — 1.97 July 1.03 July 4,050 1 Metals Eastern Steel May 12% Mar 2.80 Oils Eastern 55 — -—10 — 1 1.65 Jan Apr 2.45 Mar Jun 5% 6.80 Jan Jan 45c 8% Apr 6% Mar 5'A Jun 25 27'A Mar 45C Apr July 7c July 15c Feb Jan 16c, May 65c Mar 14 juiv 20 100 28% Jan 32 July 58c 53c 61c 24,700 35c 20% July 1 64c 64c 73c 5,100 6ic July 15vt Anr 19 Jun Falconbridge • 16'A 15% 16% 6,882 15 78c Jun Apr Estella Mines Ltd Eureka Corp 1 17 29% 30 1,025 20 20 100 33% 33% 50 9% Jun 5 00 95c Jan E^ Pen-Rey Oils E1 Sol Gold Emerald Glacier Equitable Life Insurance Feb 6.50 Mar 9% 1 8c — 25 20 3,833 9'Ac 13,000 5c 25c 9%c * 8c 7'Ac — 1 85c 7.100 50 50 % 305 7% 7% 50 54 55 41c 46 Jan Famous Players Fanny Farmer 21 Jan Fargo 34'A July Jun 75c Jun 5% 185 14 Jun 45 1,725 14 July 9% July 80 39 %c 25c 1,000 25c 19% Feb 15'A Jan 50 Federal Grain i Preferred Jan 1.51 Feb ' 8'A Jan Mav 62 Feb 149 150 ... - U132C JZ 25. Feb 151 May Jan 144 101 21% July Jun 25 16% 17 325 15 Mar 25'A 26 110 24 Jan 26% July 5c Jan 13c 5.00 July 7.50 Jan Jan 1.54 A * 20 1 5.40 'Ac July Petroleums 12 12 12 14% 505 * 5.60 5.45 5.70 8,510 98c 1.00 2,700 100 101 60 50c 47c 53c 102,600 1.10 1.03 1.10 21% 21 21% 1,400 815 4,929 25'A 4 Jun 32% Jan Frobisher Ltd Cos * common common * Warrants Apr 2.30 Mar 37% 25 290 27'A May 15% Apr • 2.05 2.15 class B —10 Above issue called for redemption 2,750 2.01 July 3.30 Jan 10 10 39 9 10 1.00 1.10 2,700 61% 63'A 1,567 — 74%c 36c Jan Apr Apr 28c Jun 59 Jan Jan 2.35 Feb 68 Mar 14 Apr *Mar ' 11 Feb 13% July fi.45 July, 78c Jun 30c Jun Jan 12 July •- Jan " 99 18 2.20 Feb 37% July 16% 1.00 63 ! 17 %c July Jun 20 13% 26 1.75 75c , Jan 3.25 May Jan 10c 14'A 25% 16% 6,000 * 26 37% — 8c 16%c 18'Ac %c * 7,000 317,554 655,150 * Fraser 1.88 — • Jun 37% 1.20 3,125 1.15 1.77 1 25'A 7'Ac Jun * — 7c 1.50 97 Jan 21 65,700 93c 8,000 . 18'A 270 2.31 5.00 1.70 . 900 21'A 1.02 1.55 35 21% 21 2.20 5.40 100 100 100% class 20% 2.31 • 1.60 23% Jan 21'A Iron Mines 1 Warrants extended to July 31 1953— 1 Jan Jun 21% Fenimore 100 1.00 Feb 1.55 • Fleet Manufacturing Ford Motor class A Foundation Co 15% Mar 18% May 1 Federal Kirkland Federated Petroleum Jan 55 Jan Mar 25c Ltd Oils Flank 13% Nickel 30'A 1,160 80c p 18'AMar 25 Canadian Tire Corp common Canadian Vickers Canadian • Williston Minerals Canadian "Wirebound Oct on 1 at $10 Cassiar 1.70 19 July 47o Mar convertible Gaitwin Gas July 1 Exploration Ltd • 1.00 6.70 1.10 2,500 1.00 6.25 6.25 6.70 5,065 2.30 2.30 4.45 4.25 4.50 7,200 2.90 2.70 2.90 7,700 95c 95C 2,850 21c 6,500 10c 10c 1 1 • Central Patricia 1.50 300 18c Trethewey Central Explorers Central Leduc Oil Jun 1 July Anr Mc * • 100 Bakeries —8 General Petroleum Class A /,?; 1 common 1 General Steel Wares common 1.32 Mar " Chamberlain Oil Charter I- _ I—1 1 — Oils 20c 23c 1,500 1.35 1.65 1.65 13,025 1.35 Geneva Lake Pph Giant 45c Jun 5.60 Chesklrk 50o 1.30 1 6c 1 1.27 Explorers Ltd Chromium 57% July 6.25 5.60 Mar Gold 5.00 May 68% Feb 8.50 Jan Jun 7.50 Jan Apr 17% Apr 99 May 104 Jun 11% c Jan Jun 11% Jan 2'Ac Jan 7%cMay 101 101 5 8c 7%c 8c 6,500 9.25 9.60 1,700 3 Vic 5c 6,050 82c 87c 18,300 _ July 6.00 Jan 45 16 101 —I Jun 106 100 1,035 9.25 Mines.- Glenora Gold 5.95 500 1 1 — Yellowknife July 7r. 9.00 Jan 2.10 Mar 66c Jan 1.30 Mar 1.36 23,900 Goldale Mines 1 35c 33c 36c 17,700 18c Mar 53c May c 6c 9,500 5c Jan 15c Feb Goldcrest 1 27c 25c 28c 19,650 20c Jan 47c Mar 56c 52c 56c 14,800 23c Jan 83c Jun 1 14%c 10c 14'Ac 20,500 7c Jan 15c 87c Apr 85c 94c 5,700 80c Jun 1.40 Jan Gold Eagle M'ines Golden Manitou 1 2.30 2.26 2.40 2.15 Jun 1.40 12,100 1.20 1.56 227,850 72c Jan 4.40 Mar 74c 10,500 • 4.10 5% . 4.10 4.10 100 Citra-Lartic 1 8'Ac 8'Ac 9c Cobalt Consolidated Mining Corp Cochenour WiUans 1,500 1 1.63 1.60 1.72 1 1.15 1.12 1.20 Cockshutt Farm Equipment * 13% 13 13% 1,245 50c 50c 61c 9,200 1 5'Ac 5%c 3,000 5 1.55 1.60 400 62C 1,674 Copper 1 Colomac Yellowknife Coniagas Mines Coniaurum Mines ♦ 60C 33,566 3,400 1.18 Jun 1.95 Mar „ 3.25 Apr 1.60 July 1.00 July Apr 1.50 Jan 16% Mar lie ,41 Ac 58c Jun Mining Tire Consolidated Allenbee Consolidated Astoria Oil Consolidated Coraasun Oils Consolidated Discovery j—1 46c 1 10c 1 v 42c 1 2.38 42c 47C 17,000 9%C 10 %C 12,250 9c Jan 21c 38c July 85c East Crest Golden 1 Consolidated Howey Consolidated Mattarow 42c 2.10 2.40 105,593 42c July 1.35 Mar 2.40 70c 75c 2,800 70c July 80c 29c 32c 7,500 23c May 36c 9c 12c —1 47Ac 47Ac 5c 13,300 95 95 48% 60c Feb 50 88'A Jan 98 % May 48% 34 47% Feb 7% 7% 150 72c 85c 145,780 17c * — 1 83c • 17c 19c 11,650 . 17 16% 17 566 • — 49 % 49% 26 5.50 5.80 750 7'A 7% 340 7% 7% 100 7.00 6,800 common Feb 10c — paDer 2.00 Feb Jan 50 Lakeg Jun 3c — . 7% Jun 49 Apr May 8'A Jan 47c Jan 1.45 Jun 17c July Jun 61'Ac Jan 17% Mar 45% Feb 49% Mar 15 1.09 16,500 40c Feb 50c 53c 1,500 50c Jun 21c 23c 1,000 21c July 27% 3,958 24% 26% Jun 1.35 i 73c _ • — Great West Coal class A • — • — 9o 6.90 1 13c B Gridoil Freehold July 93c 27% 3'Ac Feb 3'Ac Jan common Class A 'preferred Jun 29c 1 1,000 3,800 Great Plains Devel of Can Ltd July 1.05 * 5c 5c Graham Bousquet Grandine Mines 1.03 Jan 1 1 Lead Consolidated Mining & Smelting 5c 4'Ac Gordon Mackay class A Jan 38c 1 Arrow 65c 5c * Class Consolidated Gillies 70c Jan 7,400 — Preferred Teb Feb 3.75 Jan 1 Goodyear Mav 80c • * Goodfish ^Feb Vvo 'ran Uranium Porcupine Goldora Mines 2.40 12% Jun 34c Goldflelds Goldhawk . 5.05 Jan 14%c Jan 8'Ac Jan Great Consolidated 185 4.90 Jan 1 Chibougamau Consolidated 60 16% Apr 1 Mines Chimo Gold Coldstream 31 5.50 __ Mines Chesterville 115 16% , Chemical Research 145 100 100 Fph iQ3^n 94. 106 5'A 6.25 16% May 1.80 Jan 32'A , 60c 22 % Mar ,58 — 120 1.00 July 31 60 i 20 % May 100 Feb 5'A 3 Preferred Central Porcupine Centremaque Gold 105% 105'A — _ i ! i'SS S? 4.30 Jan inn Alberta of common General Dynamics General Motors 1'nn kll 9t,X 3,000 1! 9.50 Mar 2.70 July 85c Feb — preferred General 1.10 debentures Explorations Gatineau Power 57o * Asbestos Corp 20,400 share per Cariboo Gold Castle 1.90 6.00 4.30 Jun 7.10 Jan 6% July July 10% Mar 6 4.30 Jan 10% Feb 8.45 Jun ! Feb Gulf Jan ,,,, Gunnar Gold 50c Mar 34% Jan Lead Gwillim Lake 1 Gold Gypsum Lime St Alabastlne 1 • 8.45 14c — 12'Ac 14 %c 7.40 8.60 11c 14c 35 35'A 8c 2,700 33,867 46,600 180 Jan 31'Ac Mar 2'A Jan 13% Feb 3'Ac Jan 20c 32 Apr 39 Feb Mar i Consolidated Nicholson Consolidated Peak 13 %c 13%C 13c Jun 35c Feb Halliwell 24c 11c 30c 449,185 11c Jan 36c 43c 14,060 36c July July 30c 43c Hamilton Bridge Hard Rock Gold • 8 8% 130 -2.50 41c 41C 600 41c July 12c 51,400 9c Jun 27c Fbb -13C 14% C 15,200 8c Jun 20c Jun 4,600 41c Apr 50c July - Orlac Consolidated Oils 1 Consolidated Press class A Consolidated Consolidated Consolidated Consolidated Quebec Gold Roche tte j. 1 10c Sannorm 1 Western Petroleum ——* 14c 49C 9%C 46c • 50c 3,000 5% Jan i 141% Jun May jnn 40c 1 16'A Jan 17'A May 8% July 5 8 Jan 15% Jan 11% July Jan — 23.50 Jan July 100 14'A 11 29 ——100 4.25 34 15% Apr • 700 30 ^25 22% Mar 14 650 Canadian Pipe Line Products—■ 7.75 Mar Jun 100 common Jan Feb 45c July 17 10 19% 13% 3.75 Feb 710 • Jan 2.00 4,466 28'A common Feb 1.90 16 %c 2,900 19 55 52c 1 48c 27% • f 1 5.25 19 50% Feb 1.30 July 1.38 Mar 13% 81c Feb 40c 4.00 Mar 99%c 43c 28 • preferred 27 5.00 _• Canadian Oil & Gas Reserves Canadian Pacific Railway.- 15c 31c 2,396 99%c Elaer Mines 386 * r———— Mar 2,500 28% Mines Dragon ' Apr 35 Jan 49 5,919 ——100 8 7c 10c 35c 27 __ Duvex Oils & Minerals Jan 54% 2.45 5.25 July 16 %c Mar 35c Ltd Preferred 22% Feb 82 54 Products class A——» Cos 1,500 8'A Mar 30c 28% Dominion Woollens Jan Feb 10 20% Malartic Oils 7 76 3,420 30% Dredge Canadian 10c Jan July 25o Stores Dominion Feb 19% July 4.00 20'A Petroleum Preferred 8%c 1 Preferred May Feb 6'AMav 8.85 9.40 25 Cellulose 7'Ac Jan 8c 10c Dominion Tar & Chemical common—• Jan 4.60 87 31 % • ---— & 4,500 __ 7% Feb 10.50 Jan ADr 3.25 30% 20 _— Food 6.65 Jan 31% 20% common $1.75 Canadian 4.00 30% • Canadian Canadian Jan 26% ' 225 .-25 Car class A 30c 58c 10% July 10'A Jan 55 * Canadian 2,000 __ 1 Dominion Magnesium Dominion Scottish Inv preferred Dominion Steel & Coal Jan 72 15 —10 Breweries Canners Canadian 2.12 5.05 July 295 79% 53 53% 20% 79% * Canadian 475 30c * Preferred Jun 73c 7.35 Jun • 2 Canadian Bank of Commerce Canadian Jun Jun 2,150 * Oil Atlantic Canadian Bakeries 8% Jan 15c 14,500 3.50 2.45 Canadian Canadian Mar 25c 8.60 20 Warrants Canadian Mar 36 7%c Jan 3.40 * Canada SS Lines common Jan July 50c Dome Mines Dominion Asbestos Dominion Bank East Oil Canada Canada 22 81,500 . Canada Jun 8 25c 1 Distillers Seagrams Dome Exploration (Western) Feb 8.25 * Canada 8 150 Jan 5.05 • . 39% Mar 8.60 10 Northern 200 30c __ 1 B Rio iProducers Donalda Foundry Assurance Malting 5,400 5 Detta Minerals Devon-Leduc Oils 5.60 20 & Cut 26c 9% 1 Dominion Foundry 1 Lake Preferred Canada Crushed Del Feb 1.05 Dominion 1 Campbell Chibougamau Cement Feb Feb 10c 7%c Jan 19% May 30 Jan 66 5.45 Mar 8% 1 — 35c Jan 16% July Jan Jan 20c 50 34'A 34'A 1 High Jan Jun 3.75 8% __ * Mines Ltd.— Delnite Mines Apr 15c Gold 34 21,000 40c & Gfts— 25c 14 9% * ,, D'Aragon Mines Davis Leather class Davison Oils 13c July 4%c Jun 4,500 17 %C 10% 1 Oils Oil Jan 23% Jun 50%c 30 37 21c — 3,480 3.35 Feb Mar 8c 9,500 • * 14 11,500 4%c 1 Flon 1,580 4.75 8% • Croinor Pershing Crown Zellerbach Corp Crowshore Patricia July 1.40 July July July 26c Apr 3,000 68c 1.25 Calvan Cons 8% Jun 2.29 3,730 8c 1 Calmont Oils Canada 16 1 » Life 56c 7% Mar 56c D'Eldona B Low 16 1 — July 50c 60'Ac Smelting 25c Range Since Jan. 1 High 4.30 4.60 1 Shares 16 __ • Cournor Mining Crestaurum Mines Apr 13c 1 Lake Flin 1 Jun 8% 1 class 4.60 8% Bousquet Calgary & Edmonton Campbell 900 57'Ac 1 Mining & Low 10 Corby (H) Dist voting com Class B Corrugated Paper Box (new) Coulee Lead & Zinc 36% Mar for Week ef Prices 15% Mar 7 Ltd Co Canada Mar 388 Calder Canada 81 67c Burlington Steel Canada 50% July Feb 420 Mines Yellow Canada 95% July Jan 76 -1 A— Hill Calnorth Jan 47 75 Jan 5% Canadian Ckllinan 87 340 21% 8% Ltd Red & 65 50% Jun 1 Oil Building Products Burns 95 '/a so 17% 12% Ankerite Bulldog 95 10,693 12 • Builadison Gold Bunker 19 80 Sales Range Par Consumers Gas Conwest Exploration Copper-Man Mines Ltd Jan 8% A Mining Brunswick Buffalo 10'A 8 la Mines Brunston Buffalo High Jun 12'A Mines Brunsman Buffalo 3.90 80 • Empire Broulan Low 4,025 5% B British 4.60 Week's Last Bale Price * Columbia Class High 4.20 Friday STOCKS Range Since Jan. 1 18% 95 31 i Shares * B British 19 50 British Columbia Forest Products British Columbia Packers class A ef Prices Low 4.60 JULY for Week Last Sale Frlee Par ENDED 8ale» 1.40 Jan 8% July 70c Harding Feb Gold 1 Carpets Head of Lakes 3c 12,000 15 16 795 16c 15c 17c 9,000 * — Iron— Headway Red Lake. 7c Jan 16 23c Mar 9 Jun 20c July 15c Jan Feb Jan 8% 100 7'A Feb 17c 49,200 6%c Jan 7c 24,000 5,500 6%c July July 19'Ac Jan 43,900 6%c Jan 16%c July 1 6%c 6%c — 11 'Ac 12'Ac 12c 1 Jan 13c 13c 14'Ac ——1 2c 13% Jun 8'A .———.1 Harrison Hibbert Mines - 3c 16 1 Harricana Gold • — • - 13c 14c 11c • » Chronicle... Monday, August 3, 1953 and Financial The Commercial (422) 42 CANADIAN MARKETS RANGE J LEY 31 WEEK ENDED FOR Exchange (Cont.) Toronto Stock sJer^t 1 0 1 Hendershot Paper common Mines Gold Heva — Crest Oils Ltd— Highland-Hell __ ' Highwood Sarcee _____ High Dauch & Hinde * Hunts class A Class . B 1 1 Ltd Hy-Charger Petroleums 14c Oil Jasper Ltd Oils Jet — (1939): Mines Jellicoe Jupiter Oils Ltd • i • .••.. Ltd— & Mines Kerr-Addison —— —' Lake Kirkland Klondike-Keno Kroy ~ National 31% Apr 35% Jun 36 Jan New 11 Ve July Jan 3%c Jan Jun 31% 150 30% Jun 38% 135 37 % Jun 39 July 10% July 12 May 10% 25 1.90 2.10 23,220 30% 33 41% 5,572 22 24% 21% 22% 10c 34% Jan Mines! Development Continental July 30 Jun 29% Delhi Petroleum Devon 10c 10,032 Apr Jun 2,000 15c 9c 9%c 10c 13c 7C Apr Jan 16c Apr Jun 55c Jan Gold New Jason 13c 15c 5,500 29 %c 33c 14,100 25c Jun 41c July 30c Laguerre Jan 1——1 18c 16c 18c U,™ 11,500 2.00 2.11 1,477 Jun 1.79 Newl'und Mines 8c 1,500 7%c Jan 22 765 17% July 6%c 10c 4,600 6%c July *1.62 — 1.67 2,200 18%c 2.25 16% Mar Jan 1.20 Mosher Long Lac 16c 13,750 6%c Jan 39c 12,800 35c 85c 75c 4,100 May July 72c 56c 3,110 55c July lie 11 %c 2,000 10c Jun 1.65 7,800 1.55 1.05 1.55 Apr - Lake Lingman _1 Dufault Mines— Lake Lake —— — —L Osu Mines1 Luz 8.15 2,424 87c 9,800 70c Jun 4,700 20c Jan 24c 25c 3,550 6.60 6.75 1,758 25c 31c 31c 2.24 30c 37c 8 Jun 30c 224,000 7% 6.60 July 400 31c July 22c 1,250 2.00 7% _ & Sons —1 8.00 Jun 26c 29 %c 6.75 1 * —1 —— Landover Oils Lang 8.00 %C 26c * Lake Wasa Mining La 85 1 1 — Mines Shore Lake _J 81 %c 8.10 1 Exploration Labrador Mining & 78 %c 1 — 150 2.00 July Jun 15c 7% May Leduc-Consolidated Feb 2.10 Feb ; Lexindin Gold Little Lac Long _ Groceterias 13 10 10% 200 9 10 10% 220 6%c 6 %c 4,000 21 100 21 21 of Canada Feb 7% Jan 6c Feb 20% Jun 32c 35c 4,700 31c Jun 72c 39% class A : Class B Feb 11 1.80 Apr Feb 55c 8.65 Nordon July 51c Jan 10 10%c July 74c 6,225 60c 11% Feb Jan 61c 1.09 Jan 5,500 8c Jun fee Jan 16c Jun Feb 1.00 1,600 43 2,259 36 Apr 46 45 % 899 37% Feb 46% July ll%c' Jan 5c 2,566 37/eC Jan 9,000 14c 15c 15c 3,000 15 60 5c 10c io%c 1,500- 81c 1.80 2,18o 76c 82c 6,500 Jun 30c 13%c Jun 25c Jun 15c Jan 10c July North 2.05 May 1.58 Mar Jan 1.14 Jun 60c 20c 5,700 16c July 37c 42c 14,400 37c Jun 1.90 1.85 2.05 17,000 1.74 10,790 12 %c 17c 32,120 1.56 1.52 1.56 2,200 3%c 3 %c 3%c 5,000 1.63 1.63 -1 16 %c 7 Maple Leaf Milling common Preferred __ Feb 2.95 1.85 July Marigold Oils Ltd Martin-McNeely __ 15"% Jun 20% Jan 1.35 Jun 2.25 July 7c Jan 19 %c Apr 1.95 2c 7%c Feb Jan 702 7 90 90 1 40 80 Apr 4%c 7%c 5,250 8% July 90 Jan, Feb Jan 17c Mar 9%c July 18c Feb 4 %C 21.000 9c Mar 14 %c Jan 15,600 57c Feb 1.05 4'Ac 1 48c Oils Ltd 9c Ltd Mines 4'Ac 1,500 3 %c Jun 7c Mar 44c 48c 7,600 37c Jun 82c Jan 8 8% 2,841 6 * Ltd 71c 6 220 9c 10c 2.25 Jan 1.51 Jan 1.00 Jun 3 Feb 34c 2,000 20c Jun 54,500 55c Jan 19,500 28c Jun 1.63 Apr ' 2.50 13,116 Jan 70c 3.30 Apr Jan 3%c July Jan 48c 55c Feb 10c Jan 82c ^an 7c July 28,300 10,700 5%c 4,500 20% 6.10U >■': Apr July 16,100 1,500 7c 12c 22c 100,905 30c 24c 20c 8,500 7%c J 22,100 Apr Apr Jan 1 t 2.95 Feb 23c Jun 40c ,1 Jan 14,750 37/8C Jan 24c Apr 3,200 7'/2c Feb 21 %c Feb 3,000 July 79c Feb •. May 53c - " - May Jun 50c. 49,000 181,250 * 'r 87c 9,750 Jun 11c 525 $ \ Feb 13c Jun 35c ;Jan 3,500 4c Jan 12c Feb ) 29,300 5'Ac 5%c ! 17cl9%c 12%c ,19c 2.70 3.05 15c Jun 35c Jan ( 12%c July 31c Feb I 17,500 Jun Jan 14c 3%c Jan t 4.10.Jan 8c 2.60 4,117 11,000 9%c lie 9c ,-llc 1.55 1,100 lie .12c 16,500 68 < 69 1,645 46,000 " _ f i -10c 15c 10c Jan 73% July 22c 'Feb July 29c Feb 14c 16c *16c 1,750 2.95 4,685 15c 2.08 2.32 2,000 12 %c 14 %c 44,675 9c Jan Jail 2.50 1.75 21c 25c 86,400 '8% 425 6% t i \ 3.05 May Jan 6'Ac 8% • Mines j Jun ! ? 22c 28 %c July , 8% July Apr , * 30c __ 45c 53,600 22c 58c 40c 58c 600 52c July 9%c 9%c 10c 5c 28c 5c 6%c 5,000 50c Jan ■ 24,500 11c 55c 12,350 50c„ July 6% 7 65 1.05 May ; t, ■ Lake Oil Ltd Mines i Gold Ogama-Rockland ' ! 81c - 1,400 13 %c 81c - Feb 1.15 Feb Jun 7c • L___ 1 —J 82C - Jan f 7% 6%c July 3,000 6%c 6V2C 0 ! Oils 6% 1 1 L - Selections Okalta * 1 Wood Oakville Jun 6% ■ ■ ■• (■!.'! f t : 8c 8C 4,000 4%c Jan 17c 8c 8,600 7c July 11c ; Feb 7C . Jan 2.30 2.60 ^90c : 1 Jan 10c ) Feb » 80c Apr ; Jan 28c. 50c Jan 1.15 17c 4%c Jan 24c ,Mar ♦ 63c Jun 9c 7,400 • Ltd f O'Leary Malartic Omnltrans Exploration .12,100 -2.75- 2.25 - CI B 5 Steel Ontario Gold Orenada 2.30 600 2.05 Jan 23 35 22% Jun 1.47 1.55 16,110 1.11 Jun 15c 15%c 1.50 4,000 Osisko Lake Pacific 10% 7% Jun 5 Apr 7 July 18 %c Jan July Feb Mines, 21 100 1.30 1.40 4,950 1.25 3.85 1.30 4.00 4.00 200 3.00 1 Paramaque- Mines - • • Parbec i - Peruvian Nat Oiis Oil & & 364 " 2,250 86c 85c 40c 8c 21,800 47c - 1,000 Jan 1.99 Feb 4.75 15c %c July 77c Jan 60c 6%c July 14c 46 50c , Jun ; Jan' Jan * Jan Jan Jun 64 13% Mar Jun 9 % 85c - 72 July ' 1.11 Jan Jan Mar 30c Jun 54c 3%c Jan 22ct/ Apr 4c Jan 29c Jun • 10%c 48c 1 Gas_ ' 70'A — y— 14,700 Jun 5 * 11c Jun July 58c Jan 44c 6,800 6.60 6.80 850 6.30 Jun %c 1,000 14'Ac Jun 2.30 12,600 2.15 July 45C 12,000 36 %c July 15 %c 15 2.25 2.15 44c 36 %C G% Jan 4%c Jan 48C • Mineral 645 11c - '44c 1 Gas 97,730 5% 5% 10 %c , 6.60 ' _1 31c 24c .24c 5% 1 Goldfields 9.70 1,460 8c 1 * , Malartic River 3,887 .. Paymaster Consol Peace 13c Jun . i ' Mar 24 * , Drilling Fershcourt 65 c 10% 69% 70 1 Malartic Parker • 8,300 12c 1 - |. - Jani Jan 65c Mar 6c 2,000 __ 85c 44c ,_iOc Oil Western 8c 51c . %C 500 12c lo% * ; ^ 46 65c i • Pamour Pan 49%c 1 Petroleum Hershey Tubes Porcupine Page 8c UU-.—i (Eastern) 17% May 21 ' 1 Navigation Coyle May r 2.20 July 8c * 2.95 Mar 23 . 1 : - • _1 __^ ' Feb 22 ♦ 1__. Mar 9c 2.20 4c 2.30 1 i a common Crush Orange 29c Jan 2,000 Oct 15.1953)-'. text to Feb 4c 4%c - * Ltd_r_ Co 15c 2,000 18c 4c „$50 Pyrites warrants , 3.45 Jan Apr 18c * • • — Lokn Ontario > ' Jockey Club Petrol 8.75 30c Apr Feb 3.50 May 83c Jan ' Frontenac 1 38% 480 54% July 69 Jan 11 11 475 9% May 12 Jan a 1 — 28% ' ' Jan 5,400 -- _ Feb 21c 57% * 5 _ Jun 18C 767 19c 54% 29% common. McDougall-Segur Mclntyre Porcupine Mclvor Drilling McKenzie Red Lake 27 29% 20c 57% • McColl % ' ' : • 33c 34c 2,600 30c Mar 31C 40c May May Pickle Crow Gold 1 Pitch-Ore Uranium Development Placer Mentor Exploration Merrill 9c Lake — — __ _5 " . — — 9c 4.90 12c 4.90 5,200 100 • 35c 35c 36c 1.100 1 Island Merrill Petroleum 3.50 3.00 3.55 10,842 6%c 3.50 35c 2.90 Jan Jan Mexican Light & Power Mid-Continent Oil Mill City Milton pfd_. • Brick 18 %c • Petroleum 35c * — _ _ __ For footnotes see page 43. 6% 100 16 %c:18 %c 18,400 5c 4,500 30c 1.80 l.« 1,625 5% 35 1.20 1.25 4,300 69c 70c 1,000 69c 24% 25 1,374 20 Apr 33% Jun ^33c "i'34 __1 Oils 1.23 • River 3.75 July Power Border Jan Pressed Metals East 38c Feb Preston 62c Jan Prospectors' Airways Purdy Mica Mines 1.90 Mar 35% 35 35% 251 » 7c 7c 1,000 1 11% 11% 11% 425 * Corp Jun 1.20 Mar • 1.75 26c 31 1.14 July Jun Jun July 45 1.76 Jan Jan 1.30 Mar 25 July 40 Mar Mar 64c Jun 16 %c July 30c 69c ♦ 6% Feb 33% 413 Powell Jan Feb1 Feb 1.25 1 Poplar Premier 6% Jan 2.15 27,200 May : 13.50 1.59 500 36c 6.00 July 16c Jun Jun 1.85 27C • Red 1.20 1.31 1.80 1.25 • Oils 5.605 1.25 1 • Mines Gold Pioneer Ponder McMarmac \ 1 Mar 37c Jun I Jan 4.25 Jun 12c 4,000 - ■ - * f Mar 4c i' Jan - ; Feb 17c 2.85 t... ) Feb 36c Jun 8c 6,000 , i %c Apr 63% f 2,000 13c Feb 2.35 Mar July 1.51 " tiVa • 12 ' ' 14c 23c Mines' Ltd- Nubur Nudulama Partanen 8c ,, ; * Feb 23c Jan 12%c ' ■ Feb 80c July c July 16 %c Feb 158,283 » 1 (1940) Mines Apr • Mayo 8 425,200 8% Maxwell 7 66C Feb 1.50 July 11,624 : 22,300 21c 76c 33c 2.99 I 1.33 7c 2.30 1 Extension Northland Pacific 9%c 15 %c 68c * . t ■ Apr 6c 6%c ; 7%c 7%c 16c 16c Apr Feb 1.44 9'Ac 10%c • Marwayne Feb 2.92 May July 13c ___* Mines Opemiska Copper Mines 14c • 27c 2.05 78c Feb __ Jan 10 %c 1 1 Gold Marcus 6c 1 Maralgo Mines Marbenor Malartic 1 Mining Canada Pacific * 3%c Jan 16,600 14c 13'%c 7 . !__* ___i Mar 90c 1,282 Oil Trinity Northern Ontario » 16c __1 18,500 T Feb 8,550 ' .4 29c Jan Jan 15 Jan 14 20c 16% : * Jan 40 %c 16% Feb 4.65 Jun 1.75 Apr ' • 1 1 Oils Gold Inca North Star Obaska July 40c Eastern & 1.70 1.72 __1 GoldfielUs Malartic 1,500 36,315 t i T > 5c 2.90 _—l Ltd.. Mines Canadian Jan July 24,200 15c 17 %c 16% Magnet Consol Manitoba .. * Mining Ontario class B— Red Lake Gold Mines. Feb 8c 1 Northern 14c 41 % 10c & Bloedel 29c Mar 15c 4%c 68% _i__l _,J_. Jun 21% 10c 15 ——1 Apr 10% July 17 %c 15c Mines Jan 3,000 ~_1 Mines Norpkx Oil & North 12%c Jan Jun 17c •_* • 2.99 27% 14,300 Irfc Nortn Denison 57c v t Jan Apr 7c 11c • Corp Normetal 39% 41% : ? 1.60 25% 9 %c 5 Mines" Norlartic 57c ' Feb 8% Mar . 398 1.53 9%c Norgold Mar 3.45: Mar 50c 57c 1 Macfie Exploration 1 Mackeno Mines —1 MacLeod-docksliutt Gold Mines™—I Madsen "__ 3.00 Nlsto Mines Ltd Jan 39c 8c 1 Mines MacMillan 18c 1 Mines Nipissing Noranda -Feb 35c 13c 13c 1 • Gold Long Island Petroleums Louvicourt Goldfields Lowney (Walter M) Lynx Yellowknife ' MacDonald __ 5%c -_1 Yellowknife Nib l": 33c Lomega Macassa * 1 1 l Rouyn. Senator Superior Oils O'Brien Loblaw 27% * 18% July 14% Feb 190 • * Gold Lencourt 14 Jan % 9%c Feb 11,020 14% 6 %c May Jun Jun i May 12 7% ' f Jan 84c> 37,400 .75c 6%c 7%c 1 :—1 Lake Mines New Jun fe%c 14 10% 13% Jun July 26 100 58c 5%c 7c 1 ; «— New 3%c Jan 5c ___• 1 .1 ._1 * —— Gold 5%c Jan 2,500 6%c r—3 Laurentide Acceptance classs A___ * Class B ,■ * Lavalie Mines 1 LawSon & Jones class A—* Leltch 9%c 14% 1 Mines Lapaska Laura Secord 11 36c 15 29c 13c 13c 75c 72c 1 • Rouyn .Merger New Ryan Jan 35c Oil—-: .' Petroleum Pacalta Richfield New Jan 1.53 ... New North Lapa Cadillac i. Jan 40 26c 10c 12c 65c ' — 9%c Jan 9% Jun . 55 16,700 10c 1.28 i_ 13c 66c 1 1 New Thurbois Jun 17 390 18 17% 18 Labatt (John) Ltd • 7% > Jun 55c A- Mines-! New Norzone Jan 60c 75c Ltdi. Mines Gold Newnorth New 14c 45c 75c 55c ( i Feb 20'A Morrison New-Mylamaque Explor _i Feb Jun Marlon Gold New Feb July 23 9,263 20% 19% 20 " 77c 100 9%c ; 1.00 27c —1 1 11 - - New 3.15 Mar 13 %c 8c 21 21 7c L18 —- Jun Jan * • New , — —• Mines- 40c * 27% Apr 26% Apr / 39c 45c 7c 9%c 7c 7%c 20%c 28c 7c 27c - 15% Feb Jan 15c 1 ____• : Kelore New .Larder Feb 40c Jan 6%c New New ; Apr Jun 23 200 Juiy 27c 23c 40c 8c July 13% 23 ' 3%c 5%c 28c * __1 ___ Hugh New 2.00 8,400 Illghridge Malar tic New Feb 3.50 July 4%c 5,100 12,500 32c Goldvue 55c 230 lzc 64%c 30e 2.90 Apr 24c 25c 5c 29c 72c 30c 2.97 4c New Jun * 12,900 21c 1 1 Gold Fortune Feb . - 1.35 Mar 17c 2.26 93c 1.75 1.10 __ Rights Feb 22c Jan 93c 1.75 1.05 . 50c 1 1 __1 Dickenson Mines New New 4c __1 • • Oil Petroleum Davies New Mar 22 37,700 3.35 Calumet Concord New Jan 46'A 19 10 %c 3.05 New New 6,149 12c • 56c 13c 13c 2.05 80c 1.50 1.00 16%c 2.25 1 Feb 5.10 2,175 , Bidlamaque New 16c 1.80 12c _ British Dominion Oil, New 2,40 25% 1 New 36'A Mar Apr 38% 1 ± Jan 908 7% 2.65 25% 16c 2.10 7% 7% 2.55 25% 16c 2.05 __1 Uranium _• 4uc 5,800 11% 36c 40c 12% 12% 27% 27 % 27% New Jun 27 360 40% Alger 1 1,300 40c %_ Feb 9c 36% Mar Feb 40c Car Nesbitt Labine 29 10% Steel i Negus Mines Jun 28 9% Petroleum National 38 14%c 20o *1 Oils Ltd Jan 1,420 30c 1 1 .1 —— — Jan 4,000 • 1 Mines — Keymet Mines —— Keyboycon Kirkland-Hudson 12% 27c Jan ■ 11% * 25c • class. B National Hosiery Jun Jun 8.70 10c 32 3.35 • 1 1 1 1 Gold Kenwell Oils Preferred 5%c 1 .—.<r—. Kelvinator Kenville National Grocers common July 9% July v: l. Kayrand Mining 10 31% * • Jonsmith Mines Ltd Mar 58 Apr 16% 50c V • • 20 ;■ Jun 8% "'t — 5 Jan 9 50 2,800 47c 5 common National Explorations Ltd 30% 1 1 Gold Joburke Joliet-Qnebec Jun — ' • Drug & Chemical 14% 8 26 25 . Preferred 3.40 Mar Jun 5c ll%c 10c 10 %c 1 1 1 -1 • ; — National Feb 19% Apr C Jan 11% July 47c — ____• ( 4.55 55c 65c 14% 14% 25% 26 24% 24% 1 i-; common— Jan 2.25 Jun 4,500 13% 43c Ltd Naco 6% May 6,532 13% 41c Feb 1,750 __ —* 30c Corp preferred 4% 11 22% — Jan Moore Jan 6% 345 31% 10% 5 Line Mining 34% 30 Jun 13 40 15,500 13% l : High 21c Jan GOO 11% 41 —— Porcupine Montreal Locomotive Feb 2.26 355 14c 34% 33 41% 23% Mines 9% . • * Jacknlfe Gold Waite 80 9.15 15% 17 130 11c 1.1% Montoco Petroleums Ltd Jun 9c 2,252 10 9% Metals class A_1—._—* International Petroleum Jack 46% 2.05 International Nickel Co common Jaculet 2.35 9.00 1 —. Feb 7.55 1,942 11% 10c 28,500 12c 2.70 • Jan 30 47,600 100 32 Interprovineial Pipe 8.15 34c Jun 12% 145 31% $2 International 1,843 Jun 25 225 14% Moneta 15c 2,200 8 • preferred Inglis (John) & Co Inspiration Mining 16c 45% 30 40 * common preferred $1.50 . Jan 27% • common Corp Monarch Knitting common Jan 48c 1 — Acceptance Industrial 65c May 2.35 Imperial Bank — 10 34% Imperial Oil _—31% Imperial Tobacco of Canada ordinary_5 10% Indian Lake Jun 30c 19% 10 9% 9.00 * — —. 27c 6,000 19% -- — Husky Oil & Refining 5%c July 6,600 18c 23 %C 45 VSs Smelting—.—• & Mining Bay Hudson 5,000 7.80 19% Hoyle Mining 6c lie 2.50 11c Low High Low • . Mining 32c 13% 3.05 21c Howard Smith Paper common Feb 35c 16c 14% * — 9%c Mindamar 29c 27 5 Jan 33c 5%c * — _— Yellowlcnlfe Homer 1 * ____ Hollinger Consol Home Oil 29c 33c 12 Minda-Scotia Apr 10% July 14 10% 10% 24c Jan 11c 36,100 lie 12 %c 11 %c 10% —* Gold— Heath High Low Par Range Since Jan. 1 Shares of Prices Sale Price Par High Low for Week Range East STOCKS Jan. 1 for Week Range East I STOCKS Range Since Shares of Prices Sales Week's Friday Sales Week'i Dome - 1 2.87 • 3.20 13c 1 5%c May 9% Jan 2.50 2.95 77,960 1.40 Mar 2.50 3.25 52,050 1.65 11 %C 13c 5,525 7c Jan Jan 21c Jan 12% Mar 3.15 Jun 4.80 May 27c Feb ' Volume 178 Number 5243 The Commercial and Financial Chronicle ... (423) CANADIAN MARKETS RANGE Friday Week's Last Range of Prices Shares Sale Price Par I Quebec Chibougamau <4uet>ec copper Manitou • , - Quebec V ' ■ j Quebec Nickel Queenision Quemont Corp 18c 98c 1.00 3,700 5.85 6.00 2,150 1.12 1.08 1.22 39,300 5,400 30c 1 17% Red Poplar Gold 60c 87,400 32c 2,500 45c %c 20c 17c 20c 1.26 11,000 1 Cons 15c Robinson Oil Consolidated _1 3,800 41/2 c Jan 9,440 60c Jun 40 18 Jun 24 Jan 3.40 11 Oils common. 36 35 14 preferred Sand Renrrv Oil* Shea's Creek Sherritf 14% 976 16c 1,500 3c vfl 1,455 Simpsons Siscoe Souris Stadacona Standard 1.63 1.85 18% 80 518 36% 45% 45% 160 43 107/8cll%c 5,500 class B 107/sc * 31 A Gold _ 10 % Feb 17 9,600 39c July 2,500 45c July 26 * 235 45c _ 47c Mar % 20% 8,600 • 1 - <— • _ • — 1.00 13c 15% 44c 1.851 34c Gold 30% July 32% July Jan 15c 6.85 13,680 6.10 Jun 21% 135 July 64c Mar 5c Jan 17c Apr 53/4C 53/4C 53/4C 1,000 5c Jan 10c Feb 28c 4,100 2ic July 33 %c Jun 22%c __ 20% 20% Mines 16% 5%C 18c 1,000 74c 562,385 2.25 750 17% Mar 15c 15 % 10c 6,500 6c 41c 8.95 ' 45c 40,280 1.75 100 1.33 55,900 6c- 3,900 ■ ' Feb 9.75 1.01 July 1.66 5.65 1,200 5.00 Jun 6.85 2.19 3,100 32 1,150 26% Jan 32 95 95 % 20 91% Feb 95% Mar __ 47 %c 50c 7%c 8c 3,000 11c 14c 1.90 Jun 53,995 8c lie 6,500 8c 9c 6% 7% 99% 15 14c 7c 15c 17c 52,750 6 6 55 • 2.00 2.00 2.02 325 1 38c 32c 40c 13,500 12c 13%c 1 13 22 %c 87c Apr Jan - Newfoundland Asbestos Corp 1.90 Brown f Co 47c 22 %c Jan 13c Mar 1.34 1.26 1.34 17,510 21c 20%c 24c 5,510 19c 16c 16c 500 14c __ - 1.23 12c 90c 2nd Gold Canada Low 8% 26% 26% Jan Jun Low 8% 725 26% 200 10c 30% 38% Mar & Dominion Canadian Industries Western common Glass Feb A • 9 (new) • — Oilsj— -1— Pipe Line • 28 28 71c - Mar 1.70 15 Apr 19 May Ogilvie 15% Apr 19 July 1,100 8%c 27% 28 1,880 28 28 25 27% Apr 26% Mar 68c 74 % c 67,400 68c Resources 40c Transvision-Television Petroleum 33% Jun 42 Feb 10 85 Feb 95 Apr 8% 9 3.00 Jun 640 20c 30 10% Feb Apr 38% Jun 55 150 63 8% Jun 51% 26 * Ontario — 48% 5.25 Jan 34% 3.500 76 63 Jun 72 Feb 28c Feb 18c Jun 71% Jun 83% Jan 57 - 63 Mar 718 47% Jun 55% Mar 26% 370 25 i Jun 29% 4.00 200 3.80 Jan 4.80 Paper 5 * — 35% 35% 50 — 31 26 26% 1,120 24 Feb 31 31 25 31 July 35 Third Flour preferred 100 •—1 —— Bros — Canadian General Inv __ — • 30% 10 145 Jan 160 * 146 146 4.30 4.40 . 900 30% 31 215 4.60 4.60 110 — 19 19 80 — 56c 58c 3,200 __ Consolidated 4.00 Mar July 1.55 31% Apr 38 27% 46% Feb 5,000 40c Jun 99c Feb 9c 4,700 6c July 17c Jan 4.20 May 28 Apr 4.60 Jun 13% Jan 53 %c May 6.50 34 FOOTNOTES 26c 2.50 12,210 31c 70,800 9 8 8 8 50 30% 31 1,365 25% 22c 22c 4,000 16c ,2,500 22%c ♦No par a Odd lot Jun 36 %c Mar sale year's 2.84 Jan d Deferred 17c Jan 95c •1 8 Jan Feb Feb 9% 31 40c Mar Feb July May in e OUT-OF-TOWN AND t (not Included in 5.25 69c delivery year's sale (not r<nr u Included range). w<* When delivered. wi When Issued, * /nn, inflnHoH In ranspi. E^-dlvldend. u price. <.oi« CANADIAN MARKETS Ex-liquldatlng dividend, (Un) Admitted to unlisted trading privileges. range)., Selling ex-Interest. f Flat - FOR value. 2.00 Jun \ Jan Jan Jan Jan Mar Ex-rights. Jan Jan Mar Apr 21% May Jan Jun 25c July 51% 26 4.00 t 1 41c 2.26 22c 50 600 76 7% : 4.10 Jan 25% Mar 3.90 19c B Utilities 18% Mar Jun July 85% 20c — May 3.75 20 * 40c 31c 1 35 Feb 3.00 2,200 Yukon 32% 30% Mining 35 16 22 % Jan ... 6.75 Feb 85% 62 Thrift Stores 2,195 24c preferred Jan May 36% 2.50 Corp 75 38 30% Mar 35% 1 Oil 550 60 30 8c 36% — __ — Pend Oreille 10c 2.55 July __ 12% Mar 98 49 % * 5.70 Jun 400 37% 6 & 100 22,160 17 3.45 22 % 8% Jun ■; Jan 175 2.75 17 3.30 22% 38 * Inc 19 14c 17 — 22 % __ common - 19 2.55 500 " Niagara Wire Weaving Apr 6.10 — Utilities PHre 2.62 6.05 __ -* Paper common 10c 1 Jun —* International Interprovincial 19 _ 46% Bridge 19 _ 50 * Oil Dominion 51c 9 Jun 49% -• Dalhousle Dominion Minnesota : 85 49 —-1 Lumber. Loblaw Jun 25 49% • Canadian Westinghouse Consolidated Paper 2.25 May 24c Apr July 1,375 89 * __ 10% July 20c 9 89 • Ingersoll-Rand Marconi 1.90 Mar 81c 8% ...—-3 -—- common 10% July 7,500 9% Jan 27 V* Jun r ' 9 5 Sugar 4,378 4,400 High 7 Apr 24% Jun * Dredging International 5%c July 22c Jan Range Since Jan. 1 Hloh * Juiy Jan 1.20 Jan 49c Sales Shares 89 — Collieries Canadian General Invest Canadian 1.46 20c Jan 59c for Week Range 8% 1 preferred Bulolo Canadian 1.20 Mar 1.04 1.19 1.75 July July July * preferred Canadian 15% July Jan Jan Jan Curb Section Week'* of Price* 5 common 1st Feb 2.05 11c Feb Jun • 2.10 2,600 Jan 2.58 July Jun Last Develop 50 15c July 6% July Par Anglo 10% 13c 22c 5% Feb 7c Sale Price 2.00 2.00 Jun Jan 5c 10c Exchange STOCKS Jan July Jun 7% Mar 100% Canadian Funds 33% 90 Mar Apr 25c 1 Toronto Stock 33 - 14c July May 1,000 1 10% _ May 6,500 8c 1 July 2.92 Jun 1.70 Feb 17c 8c 13%c 1 - Jan 12 %c 8c 1 Mines Yellowknife Bear Mines Zenmac Metal Mines Ltd 8c 5% 98 Jan May 1.14 July 5%c Jan 4,364 99% __ 4.35 47 %c July 4,000 7 , Jan 2.00 49c *> Jan 31% Feb 21 % July Feb 2.00 16% Mar 55% July 34,790 5.40 32 20% Mar July 13c 15% 5%c - Jan 42 %c Jan Feb 1.14 99% . Mines Jun 13% May 1.01 __ 1 Oil 24Feb 46% 60 . Jun 17c 90 . • Zinc Canuck 20 2,510 55,55%, 1.10 __ Yankee 16% 55 100 (Alexander) Yellorex 570 19c 16% 16% • 21% 18c __ 1 Canadian 56c 41c 9 Acceptance 36c 1 & 12% Jan 49% July 13% Feb Jan 4,000 1 Gold Lead 9% Jun 10% Jan 42 5,500 1 Wright-Hargreaves Feb Jan 3%c 1.25 -- Towagmac Exploration Union Jun July 5,000 1.75 1.28 • 1 Union 5.00 May 6,992 , 9 Transcontinental 365 Apr , ,.7'% July 7 %C 350 8c v 10c _ Mines Triad ■t 32% - 2.11 ; 10 1 Jun Feb 19% 15c 25c preferred 6 4.601 20 —, • common 100 400 6.45 6.70 50c _ : 7 %C 57c Works Tungsten 20% July 31% 32% 2.20 Iron Trend 17% May 19 ' 1 Silver Era 710 . 17,419 __1 _ Ltd Trans Mountain Oil 3,828 13% •- 1 class 6,615 49% 13 Jan 3.25 8c _«■ Jan Jan 15c 19 %c 1 Finance 11% 48% 24% 47c Jun July 18c Gold Empire Oils 10% 1 common Winnipeg & Central Gas Winnipeg Electric preferred Jan 26 30c 7% Torbril Trans 1.15 Jan 21c 1.60 • _ — B 20% 5,100 5.00 — Tombiii Gold Class 1.37 Jan Jan 6,100 7% Toronto Traders 68c 25c * Teck-Hughes Gold Mines Thompson-Lundmark Trans 11,950 • Larder Jun 35c 20 1.50 (ordinary) A 2.60 100 Jan 21c 20% 5.00 Industries Class 2.35 Jan Jan 7c Mar 34c f 1.58 — 5% 55c 25% -1 Inlet' Ltd 4,654 Jan 1.15 Jan 5.00 Mines Pearson 17% Friday 1 Oil preferred Sturgeon River Gold Tayor 16% 1.70 15c Jan July 1 Stuart Tamblyn 7.75 32c 9% — Taku River Feb 12% 39c 41 %c Ltd Wiltsey-Cognlan Yale Jun 44c 10c Petroleums Wlnora Jan July Jan no O — — Oils 7.00 (Geo) Windward 1.15 Feb 1.60 14 % Feb 4%c July 16% July * Preferred Wilrich 11 July 3,780 50c $ Ltd Steep Rock Iron Mines Grass 5.75 25 % 14 0 Sweet Apr Feb 10% _ B Mining Sylvanite 50c 69c 4.25 20 Jan 12,000 49% 5 common Tungsten Weston Yukeno 10 * Steeloy Switson 9,210 65c 26 . Supertest May Apr 1.15 1,962 5c ■ Gas Contact 17c 3|5c Apr 13% 25c class 300 17,600 Jan 52c Feb 14 1 class & 810 7.35 28% Mar July 32 . 10% • Radio 25% 20c 21 %c 68c • 20,593 25 20c (1944i„_; 25 2,100 7.35 • common 31 Jan 46 Jan 68c Apr 2.80 43 Mar 8c 4.40 25 1 21 Apr Jan 1.75 __ Wood 2.82 Jun 60c 1 A 1.80 Jun 2.81 Mar Jun 4.25 61c 4.35 2.25 Mar 16c Feb 1.23 4%c 1 Breweries Leaseholds Winchester 37 % Mar Jan 7,675 • Mines 1.50 18 38 * Surf Apr 2.07 Ltd Cons 30 % 1.26 250 v 10% Jan 58c 8c ; July 1.95 50c Bros Sudbury 100 37% Steel of Canada new common— Sullivan Jan Jun 2.00 Oil., Stedman 24 97 V* 37% 41c Olsen Feb • _ Starratt 5%c ♦ com ♦ Oil Jan Jun 22,650 18% 1 Brock Stanweil 3c 18% 85c 96c 1$% Jun May July 44c . Ashley Western Jan 1,300 H.80 1 class 1.78 18% * Paving Standard Stanley 32c 1.97 __ Oils 250 17% Mar Jun 1.70 July 3c Jan Mines Valley Spooner 100 35% Jun 14c 12,000 —50 Brewing Dairies Southern Co 100 34% Western Western July 12% 12,300 Ltd Gold 36 10c Silanco Mining Silverweod Jan 1,000 20 32 2.15 (Quebec) Miller 850 20c 9,405 85c 13% 7% 2.55 * Apr Feb 24c lc Homestead 8c Breweries Silver Grocers 100 * Gold Mines Canada Western 2.00 Gordon Sicks' Western Western 2.10 Mines Sigma Feb Jan 10c 9,600 1 __' Products Feb 8%c ; — Westeel Oil 22c 7,000 1,015 45c 1 .% Territories 35c 20 • Winnipeg Sheep West 35c • common 11945) Feb 12% Apr 8.45 51 21% 4.80 Mar 1 Consolidated Malartic Jun 1.76 Lid preferred Shawfcey West Jan 3c 1.76 Wekusko Apr Mar July 38c w_ 16C _1 Security Freehold Petroleums Shawnngan Waier &, Power Class A Feb 1.15 Apr Apr 25 8.40 " u. 59 Jan 45 740 11% • 22c 1 River Gold Scythes & Co lie ' 35 % Sapphire Petroleums Ltd W. Jun • . & Ltd-common Jan 15 %c 100 , G Weedon Pyrites 9c 36 CM 0 Walker Waterous Jan July 58 17y8 • 10% 3c • Corp common Gold 3.25 12 5C 1 10,000 12c 9 Antonio May Jun 25 • Mines 10% 58 96c • Amulet- Feb 255 , 23% 13% High 3.00 41c .1" _ Ltd Low 17,395 8.45 • Mines Violamac R3/4 1 Mines 47,400 22c 10c Roi ip/4 23%' • _____ 12,200 . 25c 17c ._1 San 1.62 65 11c 22c 14% • Power 1.80 30,300 11 10 %c. 23C 10 Royalite Oil i.a.w*ence 500 2.04 Steel Ventures 3.75 Range Since Jan. 1 High 3.55 • Jan 18 10c Royal Bank ot 1.70 Mar N3 2c 85c 20c Silver Saguenay 9,700 80c 1.90 Van Low 58 25 2inc & Canada Waite • Shares 50 Mar * common. Industries 33c 18 85c:,- 2.00 Roxana Oils Russell Jan 1.13 July 15c May preferred Feb Jun Vic July 26c May 1.90 _ Rundle 1.14 76c 2 4%c « 11c Roy 16c 8c United Upper Jan A Oils 1.90 1 A Lead United 4%c — 1 Little 15c 1 class 10 %c class United Jan for Week n% " Class B preferred United Keno Hill Jan 22 Vac July 28,300 1.13 Kix-Amabasca Rowan. 3,000 1.26 1 Silk 13c 50c — MacDonald Prado 12c Jun B Jan Fuel 9,00 May 1.67 Jun July 27,500 16 Sales Range of Price* 3.6O _1 United 48c Jun 52c 1,933 Week'* Last Par United Asbestos United Corp. class Jan 1.70 Jun 17 % 1 Utilities Petroleum Regcourt Rio 12c 21c 5.85 July Jun %C 1 1 Jan Jun 52c " Riverside 80c Mar 1.55 Jun 17 57c Uranium Redwater 15c 45c Mines.. , Inlet Reeves 8,300 STOCKS 1 20c 85c 31c 33 %c 1 _ 31 High Jan July 16c Rights Ranwick Reel 10c 65c 6.00 Indus Gold Uranium Rankin 5,600 10,200 1.00 Mining Radipre 11c f Metallurgical JULY Friday Low 16c —I " ENDED Sale Price Range Since Jan. High 10c 68c 1 — WEEK Sales 65c 72 V2c __ 1 Labrador Quebec Low ___1 Corp Quebec FOR lor Week STOCKS July 43 4* The Commercial and Financial Chronicle (424) Monday, August 3, 1953 ... OVER-THE-COUNTER SECURITIES Quotation for Friday, July 31 Obligations of Government Agencies Investing Companies Aik Bid Par Mutual Fund*— Bid Par Mutual Funds— 25c Affiliated Fund Inc 1.25 American Business Shares 1 American Mutual Fund Inc—1 88c 4.86 3.89 11.44 96c 12.44 B-l Fund "A" Inc—1 Fund "B" Inc—5 Axe-Houghton Stock Fund Inc.l 9.61 18.26 3.04 10.45 B-2 (Medium Grade 19.85 B-3 (Low Fund Aberdeen Axe-Houghton Axe-Houghton 5.26 4.16 3.32 Johnston 1 1 Corp Beneficial Holdings Corp.- Corp Invest Street Bullock Fund Ltd 27.02 2.30s Aug. 24.12 26.31 2.75s Feb. 1 17.58 (Speculative Bonds) 1 (Income Pfd Stocks)—1 11.16 12.18 X16.76 18.28 (Investment B-4 Priced Bonds) (Appreciation Pfd Stks)_l (Quality Common Stks)_l 26.58 34.41 Stocks)—1 17.67 8-3 (AppreciationComStks)_l (Low Priced Com Stks)_l 16.84 24.01 8.79 8.13 21.78 23.55 23.66 25.93 1 1 8.60 9.30 11.18 12.10 Inc Fund 16.46 1 15.23 20.61 1 19.06 com—100 6,425 6, 575, 136 Preferred 100 131 7.28 Commonwealth Investment—.1 6.70 Composite Bond & Stock 16.53 Fund Inc 1 15.20 13.63 Composite Fund 1 12.56 13.11 Concord Fund Inc 1 12.13 30'8 Consolidated Investment Trust.l 28 % Century Shares Trust— Chemical Fund Securities Christiana 99 99.12 98.28 99.3 Feb. 1955-54 1, May Oct. 1, 1956 1, 1, 1954 99.24 June 1. 1954 99.16 99.28 2%s June 1, 1954 99.20 95.16 98.6 1958 98.13 99.30 2%s 95.4 1957-55 99.28 18.37 K-2 8-4 Com Knickerbocker Inc Fund 99.24 23As May 1, X5.69 6.24 25c X9.32 10.17 • • 37.19 37.19 ...lo 3.66 4.03 Lexington Trust Fund (Net U. S. Certificates of Indebtedness & Notes Mutual Fund— Value) Asset Managed Fundsshares Automobile 3.20 4.90 3.17 3.49 Home Furnishings 3.11 3.43 Equipment shares.lc shares—lc lc shares Paper Bond Manhattan 4.96 March 2*8 7.80 June Values 13/4S Dec. 100.2 100.4 April 1, 100.7 100.9 l'/as l%s l%s 22, 1, April 1%S Oct. 1%S April 1, 1%s 1954__„ 1954 18.27 In are IV.a Dec. 1, 20.66 16.90 1%S March 100.1 99.31 1954 32nd»— 100 1053 100.2 Notes—(Cont) 99.18 99.20 98.20 98.22 98.16 98.13 1956 97.20 98.4 1, 1, 1956 97.12 97.28 1957 96.20 1, 1957 96 96.16 1958 95.6 95.20 March 15. 1954 1955 15, 15, 1955 Oct. 97.4 8.55 19.11 100.3 Treasury Treasury Notes- 4.88 Inc__f0c Fund 15. 2%s 5.46 4.43 100.1 15, 1953 2V4s Feb. 5.31 lc shares 2s Aug. 4.10 4.82 lc shares Petroleum Steel 3.72 lc Metals Non-Ferrous Ask Indebtedness— of Ask Bid Maturity— Bid Matarlty— Certificates 3.53 Electrical Equipment shares lc Industries shares..lc 4.45 General Business 113 111'/a .1961 6.95 1 Fund Loomis Sayles 6.36 Panama Canal 3s. DollarPrice General Canada Canadian 99.12 2s/aS 2%s Feb. 19.31 22.41 Ask Bonds— 2%s 100.2 Central Bank for Cooperatives— 37.53 (Income Bank 2%s Nov. 1 1954 100.1 99.30 1954 Land l%s 28.99 8-1 99.31 1953 17, 15, point a Bid Federal Banks— Loan Home 32nds sf one or more Ask 19.18 Funds— Custodian 8-2 7% 10c 5 —1 value asset Net Broad Bonds) 1 Bonds)_l 25.84 Keystone Federal 2.60 Fund Inc— Green Bowling Bid 30.59 29.99 Inc 10.11 7 2.10 9.30 20.84 X22.21 Ridge Mutual Fund Inc—1 Bond Inv Tr of America * Boston Fund Inc 1 Blue Figures after decimal point represent 1 Fund K-l Blair Ask Mutual (The) b ' - Massachusetts Investors Trust— De Net Do Ctfs Vegh Income Fund Inc— 1 34.59 16.10 34.94 17.70 Funds Inc— Diversified 5.20 5.70 25c 7.13 6.59 1.87 7.81 1 10.11 1 Fund Stock Diversified Investment Fund-1 Shares Dividend Inc Dreyfus Fund 27.94 30.09 1 14.19 15.42 Mutual Invest Fund 1 X15.08 16.56 1 13.00 13.00 1 10.53 7.22 2.05 Dae Bid Ask 1-53 b2.35 2.05% 2.75% 6- 1-53 1-53 b2.45 Rate Dated Bid Ask 1-53 b2.65 2.40% Due 11.47 1.25% Net asset value 2-53 910- 12- 2.20% 2.30% 4- 1-53 1- 4-54 b2.75 2.50% 2.65% 6- 1-53 10- 1-53 b2.45 2.20% 2.50% 5- 1-53 2- 1-54 b2.80 2.55% 2- 2-53 11- 2-53 b2.50 2.30% 3.00% 7- 1-53 4- 1-54 b2.90 2.70% 2.90% 8- 3-53 5- 3-54 b2.90 2.75% 2.75% 7- 1-53 11- 2-53 b2.55 2.35% 2.30% interest beneficial 1-52 1- 2%% Mutual Trust Shares Of 12- 2.35% Inc Mutual Shares Corp— Diversified Growth Dated Bate Fund— Life beneficial Interest—* of Units 10.99 stock—1 common 1 Inc Massachusetts Mutual Fund of Boston Inc Fund Diversified Federal Intermediate Credit Bank Debentures Mass Investors Growth Stock Fund inc— Fund Mutual Net asbet value Delaware 9.54 —1 1 value asset Vegh 9.64 interest—1 beneficial of 3- 2-53 12- 1-53 b2.65 2.40% I Nation Wide Securities— Fund 20c 5 Fund Inc.l Financial Industrial 2.50 16.62 1 11.51 12.44 1 9.05 9.89 —1 6.72 7.34 1 X7.66 8.37 Aug. 1953 bl.90 1.60% 1 4.78 5.23 Aug. 13. 1953 bl.90 1.75% 1953 1953 1953 bl.90 1.80% Oct. 1, 1953 b2.06 1.98% bl.95 1.85% Oct. 8, 1953 b2.03 2.02% b2.00 1.90% Oct. 15, 1953 b2.08 2.04% Inc 8.75 7.23 6.60 6.90 19.03 lc 2 -1 stock series Common 2.75 36% Bond Series Series Stock Preferred Income Series 7.56 20.85 2 36 2.57 19.36 58.94 1 1 20.93 63.38 6.08 5.59 lo Aviation shares lc Building shares lc Chemical shares. lc Common (The) Stock Fund-lc Electrical Equip shares lc Food shares lc Fully administered shares—lc General bond shares lc Industrial Machinery shares.lc shares—lc bond 3.55 3.88 Aug. 20. X5.25 5.74 Aug. 27, Industrial Stock Series 1 10.11 11.05 6ept. 3. Inc..lc 4.22 4.62 Natural Series Resources Fund lo 2.78 17.67 Inc 5 2 4 3/4 • 25 17.93 1 Scudder, Stevens & Clark Fund Inc (net asset value)—• 55.64 55.64 4.71 5.14 5.17 7.74 8.53 8.48 9.35 10.28 9.55 6.86 Inc Fund (Geo) 8.36 7.13 4.80 lc 6.87 Shares Industry 1 1 Hudson Fund Inc 9.10 6.79 & 1 Inc Fund 12.19 America Investment Co of Investment Fund Fund investors Management Fund the City 5% 6% 62* 61 . — m Trust of centrat 20 62% 97 31 21% 13.89 9.65 10.35 Irving Trust Kings County Trust Long Island Trust 19.99 21.80 18.73 20.25 1 4.11 4.45 Co Meadow of Brook 2.50 9.35 1 2.14 2.45 Independence Trust Shares _ Tar 1 Sterling 1 1956 5.39 2.58 Trade 60% —10 Co Life Agricultural Insurance Co— 54 74 —10 31% 10 115 Los Companies Bank 260 30% 20 49% 56 National 110% 113% 44% 46% of Bank Peoples 1st Nat Bank & Tr 2 States 4 26% 28 25 Trust & 3% 1Q Albany Co Trust 10 115 17% 32 34 46% 48% Maryland Casualty common $2.10 prior preferred American Equitable 5 29 31 Massachusetts American Fidelity Oasualt.y_5 20 % 21% Merchant Fire Assurance N J) .2% Merchants 24% —10 38 40 National Fire Surety —25 60 % 62% National Union —10 79 83 New Amsterdam New Hampshire Fire 10 56 New York (Newark Co Ins Automobile Bankers - Shippers & 119 18% 100 269 279 23 61 Connecticut General Life Continental Crum & Casualty Forster Employees Co 33% 35% North 22% 24% 10 —10 Group Assoc • 201 196 50% . — Phoenix 51% 23% 25% 10 Fidelity Si Deposit of Md__ —10 Assn of Philadelphia 80 % 67 Reinsurance 56% 58% Republic _ — - — — _ 4%s Fire Firemen's Firemen's Fund St. 37 40 41% 44% First 51% 54% National of Newark 5 General Reinsurance Corp__ —10 Glens Falls Globe Si Globe & Great —5 Republic Rutgers 5 Fire American Hanover Hartford Hartford Fire Fire Steamboiler 25% 37% 59 % 16% 27 45 % Commercial 44% St Paul (N Y)_. _ Mercantile 25 47% 50% Mutual Bank & Trust 25 60 63 St 20 59% 63% 28% 30% 8 9 Consumers Diamond 53% 93 Florida 59% 62% Iowa 17 Ask Louis Fire Marine & - 39% Seaboard Security 17% Springfield Fire & Marine. 94 104% 101% Bank & 60 100 160 A_6.23 31 Surety (New _ 2 Credit Power Alkali 1965 101% 102 3%s_1983 100% & S 12% Power Public 3%s & 1983 1978 Lgt Service Bonds—(Cont.) Natl Bid Gas 103% 98 103% 98% 4s 3%s_1983 102% 1983 103% 103% — 103% Electric 37/sS__1983 105% 105% 1988 104% 105 Gas 4s„_ 1973 103% 103% 106% 106% Southern Natural Wisconsin Public Service— 4%s .1983 U S Fire - 104 100 97 StocksNew England 103 1968 106% 105 105% 1984 104% 105% 33% Oil 4%s 4%s 10 100 44% 730 60 % Public Service Co of Indiana— 25 Elec Texas Serv pfd • FOOTNOTES •No par b Bid k Admitted 38% 40% 2 23 24 FOR value. 62 % 3 26% 26% 101 102 % 103% $4.64 105 Texas Power & Lgt— New York Tel 37/8s 46% 750 93% 107% 1978 Power— preferred 48% Fidelity & Guaranty Co—2 — 31% 46% U S Fire Montana Power 10 Travelers _ Kerr-McGee 43 Standard Westchester 105% 35 35 . 105% 104% 102 52 33 41 - Ask 1973 4%s 37/sS 4.60% 10% 38 37 % Accident- 9% 10 . 32% 101% 3%s 3%s 49 10 Co Haven) 180 Francisco of Amer N T Bank Trust—20 & Trust 102% 30 33 43 Trust Bank Grove Philadelphia 104% 1983 98 28 39 156% Union Northern 18% 36 41 Co 55% 87 10 5 151% Trust 105% Commonwealth Edison 10 61% 30 27 104% 25% 5 10 17 Manufacturers Bank & Trust.20 :1983 37/aS 23% —10 -10 Bank 4.90% Corp 66 I.ouis 4%s__1983 & Lgt Power 42% 10 .. (Texas) 41% 64 Exchange Nat'l Bank—20 Boatmen'^ National Bank 20 Amer Potomac Electric Elec 43% 10 _ Providence-Washington 39% Washington Gas Lgt 47as__1978 Calif 5 Co _ 12% Security Issues 84 % 65 (San Fran) —10 Pow 42 10 Co 84% 65 % 40 .3.33% - 52% 49% Arkansas 63 % -12.50 —4 Power 2 - _ Fire IIlO Alabama 2.50 - Indemnity Peerless Casualty WmDlovers Reinsux*ance Bid 5 Pacific Federal 11% Bands- 10 Casualty. River Pacific 48% 42 % Recent , 5 Northern 86% 82% 46 % 40% 10% Northeastern —10 Inc 24% _10 _ Fire 5 Co Fire— 22% 5 __ Fire 81% 50 5 _ 42% 64 Trust—33% 27% 47 Manufacturers—-4 <fc 5 Insurance Boston Camden 25% 1 10 Bonding Re-Insurance Amer 333 88 172 4 American 40 % 38 167 Alliance American 86 35 10 Automobile 26 Bank National United States National Bank.20 San & 313 Portland United Bank 20 42% Y__ 10 Life American & 102% Ask 40% Insurance Co of North Amer„10 Jersey Insurance Cu of N Lincoln American Assur— Bid 5 33% 99% Mellon Nat'l Bank <fe Trust—100 50% 25 National National Par _ 77 ' 23 Pittsburgh 268 Continental Illinois _ 36% AnKe,es First 29 100 Bank & Trust..17% City Nat'l Bank and Trust Home 35 Security-First National 62% 20 Rye National Bank Amer Trust Shares— Ask 111 —10 Aetna Insurance Aetna Bid —10 2d _ Tower Casually «5t Surety 50 22 Bank Trust Nat'l State Bank 1955 National 19 20 & Co Inc City York Public 10.65 P) (J 22% 1,510 10 Freeport national New Shares— 10 100 1,470 vnicago Aetna 43 First National Bank Manufacturers Trust Co Fund Fund United Insurance 10 Jersey C'ty 33 Bank 13.61 1 E Series 41 Betr 64% 94 Industrial Bank of Commerce.10 Unit Type Trusts— Series 39% National Bank of Detroit 20 Morgan North 47 Cammm'—10 Dn'°"Bank „ Y 9.00 Whitehall Fund Inc Series 33% 210 16 23'/, Hanover Mutual Trustee 32 195 45% National City Bank 53 N 8.27 11.53 Diversified 20 5.20 Investing Corp Investment 425 Bank 38 % 50 (The) 390 _ 6.39 Washington Wisconsin National 21V4 Bank— Square 240 375 410 C^lanrTrust C® -!":-:'^ 36% 10 National 233 100 Co Cleveland 412 Y N 5.85 Wall Street Investors 100 Bk.100 Savings 10 400 Franklin Bank & Trust 10 & 100 Franklin Trust Northern Bank X4.76 12.46 16.82 1 Bank Trust National National Harris 48 % 13° 1 Fund 12.00 17.22 46% First 46% 1C Inc—1 Inc 25.91 12.19 44% 10 v\ m 1 Income Van Strum & Towne Fund Inc.l 11.60 11.15 51 % Trust—10 & 1 Line Line 11.47 12.61 Bank 1 Value 10.47 25.16 16.87 1 of 5.27 15.43 1 Trust of Boston First 6.28 lc 35% 377 49% 15 Bank dm Fiduciary 13.05 5.75 1.26 33% 365 Guaranty Trust Co 1 1.14 100 10 National Federation 4.67 1 lc Co_10 to™re 13.08 Shares—1 93c Manhattan Trust Continental 5.61 12.03 Fund 13.85 the Corn Exchange Bank & Trust_20 14.89 5.16 1 Fund— Income 84c Institutional Found Fund 13.66 1 Inc Accumulative Continental 12.66 Par Television-Electronics Fund United Science Fund 2.00 Ask Chicago—(Cont)— Chemical Bank & Trust 22.29 United 11.37 Fund 22.07 United 1.83 Ins 1 Fund 9.16 7.53 of /roMt 7.82 10.52 Institutional 8.75 4.27 Incorporated Investors:. I institutional Shares I.Id— Institutional Growth Fund-lc Fund_.lc Ask Bid 70.00 4.85 Income Foundation Fund Inc.lOc Bank Bid Chase 7.71 Wellington Institutional 2.07% Bank of New York 27.43 7.99 66.50 11.64 Inc—1 Fund Inc Mutual 25.37 1 Corp^_* Investors Value 1 2.04 % b2.10 Far 14.13 Farnham lc ——lc Onardlan 13.06 Stein Roe _lc Growth 1 2% Investment Equipment shares ... b2.08 1953 Bankers of Boston—1 Snareholders Trust Railroad stock shares Growth Companies Inc 1953 29, Hew York 14.11 State Street United shares 22. Oct. Bank 14.11 Shares Amer Sovereign Texas Utility Oct. 1.90% Bank & Trust Companies Clark— & Stock Fund Common 3.08 shares Inc Fund Fund Selected 7.41 Tobacco Trading & Scudder, Stevens 2.79 4.41 shares 1.80% b2.00 9.70 6.76 BR bl.90 I- 19.64 lc Bteel 1953 1953 19.49 18.17 Putnam lc lc shares Bond; shares Railroad 10, 14.49 2.50 9.93 9.38 9.17 1.94% 17, 32 14.07 preferred Street Pioneer 5.64 b2.02 26 % 5 1 $1.50 Petroleum 8.27 9.54 1953 24, 1.90% 6.55 lc shares Mining Petroleum Sept. Ask b2.00 (TAB) 18.10 6.05 Fund 8.85 8.78 8.71 x Bid Sept. 18. 1953 Sept. 3.04 England Fund 1 Pacific Amer Investors com—10c 7.54 9.06 9.62 Bills Ask Sept. Natural Resources of Canada 6.25 7.03 8.30 6.19 shares.lc Low Priced shares lc Merchandising shares lc Company Investing 6. 1 Pine Group Securities— Automobile shares Inatltutional Bid 1 Speculative New 1 Fund Inc General Capital Corp General Investors Trust (Ha Industries United States Treasury Stock Series Franklin Custodian Funds Inc— Preferred stock series lc Fundamental Investors Inc 18.96 34'/a 8.05 10 * Corp Mutual Fund Boston Founders Futures 15.49 National Investors Corp National Security Series— Balanced Series 5.14 4.96 17.54 Equity Fund Inc Fidelity Fund Inc First 1 33.03 24.88 30.89 23.27 1 1 Fund Balanced Stock Fund Balanced Howard— Si Baton yield price. Stock to listing on the New York Exchange. $4.84 preferred OVER-THE-COUNTER t New x stock, Ex-dividend, wi When y issued. Ex-rights. ISSUES / Volume 178 Number 5243 The Commercial and Financial Chronicle ... (425) THE COURSE OF BANK CLEARINGS Week Ended July 25 Inc. or clearings this week will show liminary figures compiled by . based us decrease compared with a a year Third Pre- ago. there is Philadelphia Reading in 1952. At this Friday of 13.4%. Our comparative summary for CLEARINGS—RETURNS v • , ' . BY 1953 York New ' 1952 83,178.008,617 $9,447,927,975 851,843,763 803,612,568 —13.4 Ohio - Chicago J, 985,000,000 —— Boston ' Kansas 1,028,000,000 Federal Reserve -Canton 511,397,702 524,041,303 — 1,069,685,963 345,573,870 — 8.3 San Francisco V ; 330,800,000 — 281,000,000 486,587,000 : — 491,650,744 — q 047 011 Pittsburgh 362,415,172 320,669,905 467,363,788 405,049,440 Total +15.4 Baltimore 281,072,349 — # 257,897,157 + 8.2 West .••••.; Ten cities, five . Other cities, days $12,771,414,500 $13,905,422,962 /—A— five dayS— 3;182,280,993 — 3,028,022,075 + •«:; / - Total; all . All cities, one Total ■i cities, all days—A-. five ' '$1^,9^3,695,495 $16,933,445,037 (7 day 696,556,199 — 605,604,413 week for + 17.7 33,900,500 6,169,706 + 74.9 7,602,398 + 47.2 382,722^277 9,023,257 324,505,281 + 17.9 338,522,508 5,540,715 7,496,410 322,869,877 1,214,158,249 1,017,746,068 +19.3 1,011,242,308 916,870,297 Complete and exact details for the week in issue of next.week. our ends We .. •»>*•*». *"V - i . In v. ,, the ' " ■ July 25. V- , * in week there 1952. Federal Reserve •' ' . we was increase an amounted Outside of in was press. (6 • they 8.5%. 12.3% and in the The Chicago Reserve District has to its credit Reserve ! Reserve District by District Kansas of 18.6% and the Minneapolis City Reserve District the totals record Atlanta this Reserve an increase of larger by following we furnish 5,417,999 4,800,919 Total (10 OF BANK 1953 Week Ended July 25— 1st Boston 2nd New 3rd s York 12 Philadelphia ' Inc. or $ Dec. % 687,432,274 624,891,151 9,052,348,992 " 8.505,604,754 of 6.4%. 0.5%, in In the the Dallas 1951 1950 $ $ 597,649,282 572,660,880 6.4 7,523,995,129 7,787,354,398 6.3 1,016,062,944 1,136,575,012 1,069,685,963 + 7 " 1,214,158,249 1,017,746,068 +19.3 6 " 596,990,752 531,508,182 +12.3 1,011,242,308 916,870,297 510,459,783 6th 10 " 885,015,140 815,460,832 8.5 710,266,526 657,916,566 Chicago 17 " 1,205,163,778 1,046,962,767 +15.1 "1,038,199,328 1,028,715,870 L— 4 " 639,665,589 539,167,100 +18.6 519,838,856 519,985,120 — 7 " 464,391.881 436,558.342 + 6.4 402,290,625 402,008,502 "+ " 8th St. 9th Louis Minneapolis 10th Kansas City 12th San " 588,175,*32 585,482,060 + 0.5 497,181,167 546,967,421 6 " 421,647,707 321,439,511 +31.2 334,391,717 384,678,866 ----- J—10 Francisco Total " 1,004.887,781 Outside York New week ended + 6.7 906,800,438 860,502,729 16.436,036,890 + 8.9,15,068,378,103 15,144,391,144 city add now 941,530,160 17,896,452,587 —in cities We 9,156,902,933 Federal July 25 for four statement years: . - Clearings 8,217,389;635 +11.4 7,826,624,695 4,604,570 4,232,314 95,704,662 107,691,999 + 23.6 113,037,078 + 16.7 7,385,560 439,914 + 9.9 355,400 423,886 157,774,273 + 7.7 128,019,141 127,384,383 885,015,140 815,460,832 + 8.5 710,266,526 657,916,566 1,426,292 6,601,093 Reserve District—Chicago1,609,904 Lansing 57,199,000 5,296,569 + 18.2 58,267,000 60,407,000 6,892,934 + 43.5 7,343,754 3,057,901 90,525,753 4,290,369 35,"238,966 30,098,849 13,867,122 City Illinois—Bloomington 6,776,835 4,426,899 — 5,213,107 + 39.9 109,730,692 Rapids— + 22.7 6,726,777 3,259,748 Moines Sioux 11,152,296 6,420,179 -9,-894,257 Haute Iowa—Cedar Des 1,365,338 12,047,864 67;618,000 Wisconsin—Milwaukee 4 + 11.7 7,880,110 Bend Terre + 10.8 10,077,627 9,412,930 Wayne Indianapolis South 1,452,763 11,258,462 Rapids 12,671,123 4,907,178 8,200,010 6.6 3,042,794 3,090,533 + 21.3 73,975,929 66,718,755 3.2 + 17.1 3,534,879 29,052,908 9.4 14,284,157 30,271,305 15,090,944 3.7 1,531,160 794,763,119 1,201,289 791,637,041 3,343,451 12,747,314 + + + 4,243,628 1,366,346 1,418,517 898,902,641 788,917,751 + 13.9 4,453,461 14,156,548 3,670,216 + 21.3 10,486,118 + 35.0 3,612,824 12,330,666 7;552,105 8,737,706 —13.6 7,359,228 5,177,010 4,485,587 4,319,184 3.9 3,697,766 3,805,255 1,205,163,778 1,046,962,767 +15.1 1,038,199,328 1,028,715,870 Chicago Decatur cities) (17 — + Eighth Federal Reserve District—St. Louis— 364,600,000 296,000,000 + 23.2 Kentucky—Louisville Tennessee—Memphis Illinois—Quincy 303,900,000 296,300,000 165,536,834 149,012,596 92,061,189 + 11.1 133,943,596 134,309,578 107,363,014 + 16.6 80,157,774 87,414,321 2,165,741 2,093,315 + 3.5 1,837,486 1,961,221 639,665,589 539,167,100 +18.6 519,838,856 519,985,120 + 17.3 6,525,494 5.8 6,986,232 270,147,998 2.3 270,088,103 102,164,499 6,932,660 3,757,513 6.8 2,977,676 Total (4 cities) "■ a: First V • -7 Federal Reserve 1_. ' River 1951 $ ! ... 1950 $ . Federal +12.9 .(4,791,287 4,716,116 + 524.944,966 2,723,693 + 2,013,229 1.6 8.7 +35.5 *• 1,803,134 3,779,145 507,775,427 1,506,337 1,899,689 f 4,299,764 476,351,141 1 Island—Providence (12 9,418,246 +12.4 8,706,485 9,029,092 7(450,306 +46.5 6,794,696 6,972,770 30)824,^0 +12.5 24,938,731 26,070,215 13,462.033 12.70Y,|31 + 6.0 12,775,770 11,921,513 25,763*000 +18.8 25,504,200 29,204,800 2,944,700 2,125.^3 +38.6 1,287,072 2,066,047 687,432,274 cities) 624.891.^51 + 10.0 597,649,282 296,526,822 + 115,306,183 104,705,225 + 10.1 Dakota—Fargo 7.978,260 7,438,285 Dakota—Aberdeen South 3,866,348 3,955.325 4,430,743 4,147,234 Montana—Billings Helena 11,516,250 Total (7 Reserve District—New York—Albany 4,282.082 — Buffalo Federal Reserve ' 14,144^5 York + 3.M6.L05 District—Kansas Hastings 4.9 36.1 29,768,060 20,988,534 2,070,477 2,938,123 2,984,069 92,550,664 89,775,290 8.3 1,968,531 1,634.795 + — 0.1 1,725,484 2,109,032 J.—Newark Northern I 7,523,757,348 .22,119,367 + 7.9 14,968,008 14,841.408 + 45,456^2 58,503885 9,052,348.992 . + 20.336.443 63,965,881 - 7,600,584 3,904,739 3,559,617 —13.4 9,844,680 10,973,302 6.4 402,290,625 402,008,502 9.4 759,821 + — 670, 535 7,846, 860 156,827,035 Omaha Kansas—Topeka 150,671 661 797,165 25.6 + — + 521,868 608,978 1.1 6,607,746 7,847,315 "4.1 134,036,085 135,007,107 7,804,903 8,669,484 —11.4 8,527,907 18,728 623 + 14.3 16,962,758 13,290,247 371,654 944 378,350, 101 1.8 312,078,952 364,579,079 13,430,036 City St. Joseph Colorado—Colorado Springs 9 784 200 21.414,534 *. Wichita 12,219 232 9.9 12,149,761 12,050,180 2,451,798 — 3,631,336 Total (10 6.3 3,032,821 2,902 376 8.0 2,503,448 2,530,649 588,175,432 Cities). 3,417 379 3,134,860 Pueblo Eleventh Federal 585,482,060 0.5 497,181,167 546,967,421 + Reserve District—Dallas- Texas—Austin 6,923,928 Fort Galveston + 19.4 6,391,304 8,092,359 270,792,896 + 33.3 25,489,149 + 14.3 280,548,431 27,472,569 324,342,930 29,123,681 Worth 5,797,241 361,057,494 Dallas 5,015,000 20.7 30,852,263 5,476,000 5,770,000 5,935,631 5,239,394 + 13.3 5,315,736 6,024,476 12,555,121 9,105,831 + 37.9 9,187,677 9,596,838 421,647,707 321,439,511 +31.2 334,391,717 384,678,866 6,051,352 Wichita Falls Louisiana—Shreveport Total (6 cities). Federal Reserve + Lake California—Long City Beach 8.505,604 8.2 16,595,944 + 20.6 43,575,821 San Jose 43.431,123 < + 17.9 56,031,719 54.383.045 + 6.4 7,523,995,129 — 83,017,249 64,304,958 + 18,328,316 + 19,323,118 12,931,670 483,496,247 15,001,922 16,563,220 Barbara 0.5 + 29.6 3,735,260 524,293,817 Francisco__ —i 0.7 29.1 5.4 149,593,250 3,444,290 140.497,325 147,791,271 56,346,479 169,040,565 14,427,164 3,621,296 53,004,526 14,950,993 + 10.0 8,520,585 8,241,195 8.4 500,532,432 13,196,204 445,807,889 + + 10.4 13,005,660 5,669,530 (10 cities) 4,739,616 10,704,699 + 0.4 3,282,644 9,666,119 3.225,635 10,666,896 Stockton ,. 169,824,872 158,462,600 14,229,992 San Total Franciseo— 168,892,390 4,841,626 Utah—Salt Santa District—San 157,389,943 Oregon—Portland 20.469,070 54,806,716 cities) ■ 7,241,753,408 + 13.9 15,438,583 *22,000,000 " New Jersey (11 6.1 25,20££j)6 16,715.397 Connecticut—Stamford 8,218,647^5 28.708,231 Rochester Syracuse 98,836,030 / 891 093 842,518 Pasadena 8,717,549,654 — + 7.3 City— 7,763,681 Yakima + 19.5 1,940,948 2,070.385 + 100,663,530 2,102,427 ^ Jamestown + — 436,558,342 806,904 Washington—Seattle 120,307,476 Elmira Total York— 14,840,243 Binghamton 13,302,068 464,391,881 cities) Nebraska—Fremont Twelfth Federal 6,483,383 313,687,848 Paul. 572,660,880 y& New 7,606,249 Minneapolis St. 1,008,004 2,062,298 + 30.344,000 l.- Hampshire—Manchester Total 894,006 1,884,279 34,665,860 Haven 4.6 +51.2 10,913,545 — 989(652 '2.152,£14 10,583,331 Connecticut^-Hartford Second District—Minneapolis— 1,775,547 1,035,083 3,254.088 Bedford Worcester New Reserve Missouri—Kansas > 1,792,188 1570.687,117 Springfield New or Dec. % 2,022,537 Lowell New Inc. ' District—Boston— Massachusetts—.Boston Rhode 19527 $ Portland New Week Ended July 25 1953 ■•7. Maine—Bangor Fall Ninth Minnesota—Duluth 7,620,633,796 showing the figures for each city for the ' ■ at— : N. 3,816,976 99,677,507 7,534,846 Lincoln ; - 5,396,211 + 12.5 106,066,372 Arbor Indiana—Fort Tenth detailed our • : 2.2 + 14.2 — 4.205,660 124,964,822 * Grand North 10 11th Dallas i 75,633,590 256,900,000 461,148,954 Atlanta 7th < 5.4 483,515 169,987,576 1,005,581,541 " 5th > 20,045,063 6.3 + Missouri—St. Louis + 11 Richmond 16.018,693 74,854,366 220,400,000 + 24.9 — 8,796,525 Peoria + 10.0 4th Cleveland | 461,148,954 CLEARINGS 1952 $ 12 cities _____ 510,459,783 131,034,381 cities) Michigan—Ann Total SUMMARY 82,067,089 ; by Federal Reserve Districts: summary 241,299,919 88,084,327 ; Springfield a 19,262,314 92 373,967 Rockford the 3,682,092 260,322,848 6.6 +12.3 297,300,000 5,538,664 140,552,268 Louisiana—New Orleans 19.3%, Reserve District of 31.2% and in the San Francisco Reserve District of 6.7%. In 3,853.785 + 13.6 + 531,508,182 24,056,354 Mobile Reserve District by District + 17.4 89,034,164 86,585,603 Mississippi—Vicksburg note we gain of 15.1%, the St. Louis a 2,482,259 11.4%, the bank from are 4,996,138 258,380,033 313,300,000 _ Seventh and 11,321,000 120,296,595 District—Atlanta— Alabama—Birmingham week ended — We group the cities according located are 2,704,854 13,682.000 141,811,969 596,990,752 Reserve Macon present further below, 6.3%.' In the Cleveland Reserve District the totals in the Richmond Federal Florida—Jacksonville ' (including this city) the totals show an improvement 6.4%, in the Boston Reserve District of 10.0% and in the Philadelphia Reserve District of cities) Augusta -r gain of a + 31.6 + 11.7 5,864,506 Georgia—Atlanta ; . ■ 9.2 + 13,696,000 162,311,994 293,594^387 94,897^139 Columbia—Washington. Nashville that in the New York District of 3,089,853 $17,896 452,587 against $16,436,036,890 in city there which week 8.9%, the aggregate of clearings increase of 6.1%. an Districts to this of ocn 181,236,353 appear the has to be estimated. cases T ' ^,7 District—Richmond- Tennessee—Knoxville as pot'available at time of going to are complete results of'the previous week clearings at this center showing to the T*- • . - . for the whole country having ; by the foregoing will today, inasmuch elaborate detailed statement, however, which For that week same covered furnish ,them Reserve 6,120,569 5.1 — Sixth last day of the week in all ' ^ 1 i' able to give final and are the cannot Saturday, and the Saturday figures Accordingly, in the above the we I +15.0 $16,650,251,694 $17,539,049,450 7,317,529 199,209,689 339,507,777 34,928,300 18,023.000 of Total cities 6,479,098 + 35.7 197,155,995 Carolina—Charleston Maryland—Baltimore > 1,005,581,541 <ji 188 870 cities) Federal District 1,016,062,944 420,040,381 South —.5.8 6.3 + 14.0 Richmond r ' 9,245,884 8,748,184 + 6,668,851 Virginia—Norfolk 5.1 + 7,263,336 + 21.6 Virginia—Huntington 1 10,706,475 10,788,159 i 9.0 — Fifth 4,450,171 1.7 + 13.6 419,058,679 38,395,100 ... +13.0 Cleveland + 66.7 — 215,346,053 — Youngs town - 4,928,496 2,658,801 509,710,553 45.180.100 Mansfield 1.0 3,052,477 5,392,581 2,332,205 4,980,721 245',52l',279 Pennsylvania—Pittsburgh + 17.7 — 2,865.109 4.8 District—Cleveland— Columbus 2.4 .; 316,926,109 City Louis 975,000,000 + 10.4 5,252,461 1,136,575,012 cities) 3,050,385 966,000,000 +19.2 — 8,610,395 ____ St. 3,092,126 1,182,801 5.8 + 11,675.088 Cleveland 4.2 — 5,636,194 9^779,006 Cincinnati 6.0 + 1,060,224 g 755 147 r _ Philadelphia——- - (11 Fourth % 1,204,113 + 31.2 1,305,109 3,628,999 11 472 120 _ Jersey—Trenton_ TELEGRAPH Week Ended Aug. 1— • 1,140,187 1,025,000,000 2,813,675 — Total 1,448,222 + 67.1 2,943,032 y New + 20.5 3,354,516 Delaware—Wilmington $ + 15.3 6.221,921 Wilkes-Barre the week follows: 1959 3,613,493 . l,084|ooo!ooo Scranton center York loss for the week ending a week 1951 $ % 1.237,753 2,060,194 4 740 oqq weekly clearings will be Dec. 1,522,106 1,232,672 1]'755! 404 Chester 5.1% below those of the corresponding week last year. Our preliminary total stands same i 491 273 Lancaster cities of the United States for which it is possible- to obtain $ District—Philadelphia- Bethlehem .of the country, indicate that for the week ended Saturday, Aug. 1, clearings for all ; at $16,650,251,694 against $17,539,049,450 for the Reserve Pennsylvania—Altoona telegraph advices from the chief cities upon Federal 1952 $ Bank 1953 45 1,004,887,781 941,530,160 + 6.7 906,800,438 860,502,729 17,896,452,587 16,436,036,890 + 8.9 15,068,378,103 15,144,391,144 9,156,902,933 8,217,389,635 + 11.4 7,826,624,695 7,620,633,796 + 19.6 9,107.645 12,975,679 Grand 7,787.354,393 Outside total New (111 York cities) •Estimated. • I The Commercial and Financial Chronicle 4S Monday, August 3, 1953 ... (426) Foreign Exchange Rales TO JULY-30, 1953 24, New Monday July 24 Pacific Basic .200000° .200000° .133333° .133333° .133333° — .0200000 .0544060 .0544060 .0544060 .0544060- .0029295 Malaysia, Malayan .0232881 .0235468 .0234548 .325833 .325833 1.010000 1.008906 .210400 .00435401° .210400 .210400 .210400 .00435401° .00435401° .00435401° .00435401° .00285520 .00285520 .00285625 .00285520 .210466 .210466 .210466 2.815000 2.815000 2.815312 2.815625 2.815937 .116009 .116110 .116110 .116076 .116009 .263200 .263200 .263200 .263200 .263225 2.787128 2.787128 2.787438 2.787747 2.788056 — guilder - pound .140154° .496766° .0348900 .0348900 .193233° .233350 .233335 2.804483 2.804794 2.815937- 2.815000 2.815000 2.815312 ,658327°+ .561797°+ .561797° + .425531°+ .425531° + .415531°+ .531914°+ .531914°+ .531914° + .531914°+ .329666° .329333° .328333° .329166° .329833° tables. upon a of Merchandise. type •Slatemenl of Condition of the Twelve 1 first table which in creased million. of Treasury bills decreased dollars) Inc. (+ ) dec. (—) July 22, Julv 29. certificates -OoM notes __ . Total gold Other XI. 8. — ... + 3,098 155 securities: Govt, / outright— + 1,672,304 Bills + 13.773,671 Notes Total + 24,963,666 outright bought agreement 2,361,554 increased $344 million in New York City, $81 million in the Cleveland District, $65 million in the San Francisco District, and $58 million in the Boston District. United States Government de¬ 24,963,666 . Allied preferred Total and loans securities.. 226,020 + 25,713,610 Allied all districts. Allis (Louis) Extra Can American & American Gas American Hide Home + R. of JT. notes assets reporting of liabilities and member banks follows: Potash A Class dec. (—) since 1,462,135 ■Rank assets 49,856 Total assets + + 4,637 8,801 Loans Commercial, loans (Federal Reserve Notes + 25,793,473 Loans 788 976,209 + 19.528.951 213,303 — 879,593 — + 302.488 foreign + 22,032 — Other 343,165 + 20,590 236,339 + 546,638 Total deposits 21,260,176 and liab. Total 841,422 acct— Treasurer—gen. Aieferred availability cash items Other accrued dealers for 3,790 3,845 20 + 18,643 287,308 538 + 4,066 — 49,971,994 794,986 + — 52,037 472,597 + dktrplus (Section 7t.__ 160 + 584,676 13b) -I— 27,543 — + 14,551 + 260.738 paid in (Section 46,334 + 9,138 — — — „ — purchasing or + 99 — 183 + 13 — 7 carrying to Treasury Treasury notes U. S. Other of — I 5 — 415 — 129 194 58 — — — — 19,435 bonds with Federal — 7,458 L + 14,584 Reserve Banks Cash in vault + 937 _ with 1,450 — 32,911 2,956 5,030 5,490 indebtedness securities Balances + 227 + 7,967 securities—total bills certificates Treasury 483 230 + 655 loans Government S. + 6,322 banks Loans U. 1,872 1,863 securities carrying for loans estate Reserves Capital Accounts— (Ffarplus loans Other 86,276 + 184,094 — Real + pur¬ securities 238,008 131,807 + 2,899,702 divs. liabilities Oapltal + 764 chasing or Other Member bank—reserve accts. S. 2,843 + 354 22,671 — and brokers + 355 + and agricultural Industrial, — 56 + « deposits: U. <■ to — 39,623 40,242 + 2,447 domestic banks — 808 463 + 1,231 — 527 34 4 460 2 472 — — — — + 1,049 139 573 18 99 Liabilities— (quar.l- $3 8-10 8-17 15c 9- 1 8-14 30c 9-18 (monthlyi S3 Co. — 9- I 9-15 9- 9-15 9- 1 30c 8-15 8- 8 9- 3 preferred Steel 9- 1 <■9- 1 158,820 __ — 74,639 Demand Time Total liabilities & cap. accts. 51.003,771 — 126,516 542,620 + U. S. 53,315 19,581 5,957 deposits adjusted deposits except government Government deposits + + — 672 13 269 + + + 149 1,365 524 Interbank demand deposits: ttatio of to serves note gold certificate deposit liabilities and re¬ F. Domestic R. combined Oontingent liability on 2.4% 0.2% 44.8% —1,074 9,876 banks —2 + 579 1,281 910 Foreign banks Borrowings + + — 3 "• 8- 3 59c ,9- 1 8- 3 9- 1 8- 3 27 VaC 9-15 8-31 (quar.l com. _ 9-15 8-31 :L quar.) 1'. purchased for foreign correspondents ances ([industrial 23,315 3,549 loan commitments— 1,973 — — 14,219 + 34 2,537 4.75% Redemption Galls and Sinking Fund 9-15 9- 9-15 9- 56 V4 c 9- $1 8-17 8-23 9- 1 8-14 8- 7 7-31 8-26 8-12 75c 8- 1 7-20 8-31 8-15 25c 8-20 8-10 60c 9-30 9-15 81»/ic 9-30 9-15 25c 9- 1 8-1® $1 9- 1 8-10 $1.75 10- 1 9- 4 5c 8-10 8- T 30c 9-23 9- 1 $1.18% 9-11 9- 1 9-11 8r12 32c 9- 1 8-20 $1.05 9- 1 8-20 of (quar.) common The condition statement of weekly reporting Isanks of the jshows the Federal following Reserve principal member System in leading changes for the cities week -ended July 22: Decreases of $415 million in holdings of United States Government securities, $472 million in balances with domestic banks and $1,074 million in de¬ mand deposits credited to domestic of $672 million in demand reserve balances with Federal Reserve Banks, Commercial, industrial, and agricultural loans in¬ creased $16 million in the Chicago District and decreased 415 million in New York City; the net increase at all reporting member banks was $20 million. Changes ac-cording to industry appear in another press release. SLoans to brokers and dealers for purchasing or carrying preferred including The date a of corporate bonds, notes, list and common stocks called for redemption, those called under sinking fund provisions. date for mak¬ indicates the redemption or last ing tenders, and the page number gives the location in current volume (except where indicated) in which the the details were given banks, and increases c^po^sits adjusted, $579 million in borrowings, and $460 million in be found Below will in the "Chronicle." NOTICE Company American Consol. 1st ref. Co., TENDER Aug 12 stock Electric Light & Power Co. bonds, series T, U, V, mtge. PARTIAL Citizens 1st Utilities mortgage Page 237 Aug W, X and Y , 3 Firemen's Insuranc Georgia Power Co., • Date Page & ; Inc., Bryson. a— (quar. i_ com. (quar.l. & ; Light, com. (quar.l (quar.) 25c Corp (quar.l American Ltd. Class 1 3 bds. due 1983-1——Aug 17 8- 7 20c 8-15 8- 4 40c 10- 1 $0,083 8- 3 , 9-15 regis— + 37 V2C 6-22 9-15 8-31 l Brooklyn Boro Gas Co.— 4.40% preferred $1.10 B 2nd preferred 8-11 1 9- $1.25 9- 1 8-21 9- 1 8-21 1 . 9-10 9- 1 15c 9-10 9- 1 15c 8-15 8- I i 20c 9-15 8-23 | 25c 9- 6 8-13 $1.25 9- 1 8-13 50c 9- 1 8-13 * 15C 9- 1 e- (quar.l 87V2C 9- 1 8- 7 preferred iquar.l preferred (quar.i $1 9- 1 8- 7 $1.05 9- 1 8- 7 ' 8-15 j Grinder Chucking Bryant (quar.l Extra Falls Hill preferred | Mfg. Co. Line Pipe Company, Burkart 4% 8-11 1 9- 20c (quar.l 1 9- $1.25 75c (quar.) 9- $1.10 (quar.) preferred 4.40% 3.50% 295 1 1 Packers, (s-a) A 9- 9- — receipts for ord. Ltd.— deposit Columbia British 9-15 60c Brass & Celanese, Burlington pfd. stk._Aug 12 collat. trust 3% % bds. due 1972..Sep Co. of Newark, N. J., $4 pfd. stock—Aug 1st mtge. 3%% common.. , preferred Co. British Budd Co.— and (quar.t- Broadway-Hale Stores, Inc. (quar.) Brillo Manufacturing Co., Inc. (quar.l $5 : pr. Associates Co Aluminum Buckeye REDEMPTION of Illinois, 5 Vi# (quar.) — (quar.) Power Buck of Baltimore— Company and Issue— American Investment Co. Corp., Black $3 Date preferred (quar.) Brooklyn Telegraph & Messenger Co. (quar.) Brown Co., $5 conv. 1st preference (quar.l. and Issue— Service Gas OF —„________ common Spinning preferred Borden 1 1 9-21 16V4C Co. Co. Bohn 7 1 12c — — Guaranty (quar.l Blaw-Knox 4.20% Notices Condition Statement of Member Banks 7 10c (quar.) (quar.)__ Corp., Steel Hills 8- 30c Corp. Fine Sivalls 1 10c pfd. (quar.) Mortgage preferred Black. 8- 9- 93+4C — 4,/2% Show & Loan Oil 8 40c preferred Bishop 8-31 9- 75C- __ 1 (quar.l Corp., Aircraft 7% accept¬ 9-15 75c.., 37%c (quar.l Bethlehem . 62%-c - Manufacturing, 36 306 _ 8- ... Berkshire 8-10 1 1 (quar.) preferred (quar.l Baxter Laboratories, Inc. $3.25 1 34+aC Co., $3 144 8-10 8-10 9- Co.— Radio Beneficial 8-10 , 9-1 9- ._.—: (quar.) America Beech 8-12 9- - Other capital accounts 8-25 22V*C- (quar.) Equipment Bond 50c. 12 r/2C •_ , * 75c. — Power preferred Baltimore 5" 75c common1 (quar.) preferred (quar.) Corp I 27V2C Co., (increased Common 1 9- (quar.) (quar.l Corp. Cork Armstrong 9- 25c —— , preferred 9-24 25C $1.75 - Arkansas-Missouri 5 V2 % _____ 8-18 Sanitary (quar.)_ (quar.).: Barcalo 1 9-15 , (quar;) Bankers 9- common preferred Atlas 1 9-15 ...— preferred Aro 9- 50c $1.18+4 (quar.) preferred $3.75 40c $1 Standard $2.36 $4 1 - (quar.) $2.50 6% 9- (s-a)__ (quar.i Service Public Armco — / Participating $1.10 9-17 8-10 (quar.l participating preferred Arizona 7-24 1 9-11 pfd... conv. Corp. B & Co., 8-14 7-31 10- 75c 6% (quar.). Co. Tobacco Farms 1 9-10 preferred (quar.) Seating Co. (quar.) American 9- 41c American Arden 8-14 50c A common 1 9-10 — Radiator Corp., 8-14 9- 15c iquar.i. Chemical— series Pulley American 7% 79,992 —, Loans—gross (Liabilities— 1 Investments—total and Loans—net 542,620 + 1953 (In millions of dollars) Assets— 69,426 — 126,516 — July 23, 1952 July 15, 1953 219.654 85 + 51,003,771 __ 14,226 — 373,443 — 137,589 _ 6.657 + — 3,437,350 premises Other July 22, 9-21 1 43 %c (quar.t_— American 9-14 9- (quar.l— Co. Co. & preferred 9-28 10-20 iquar.) Co. Supply $4 preferred series $4.75 9-10 12 Vic (quar.i_ B 1 25c • Paper Goods Co. American 9-10 10- 50c preferred Products American 1 75c (quar.) Leather. & 7 10- 50c ._— ... Y.i Electric & 8- 30c $1 Power the San of 8-10 8-15 15c (quar.).... 7% Indemnity - 179,168 banks— other ^Jncollected cash items Co., Foreign American summary 8-10 40c — Borrowings increased $186 million in New York City, Chicago, and $119 million in 8-14 8-25 (quar.).— (N. Hospital million in 8-1 ___ (quar.)-: Bank American 8-18 8-25 — ____ Amalgamated 5 9-10 (quar.l. Co. 9- 8-15 —; Corp. 8-18 $1.50 (quar.) (quar.l. American $129 pfd. 5.50% common preferred 5 60c — Stores, 1 9- $1.37 'At — (quar.l Products Allied 1 9- 50c (quar.l (quar.)——J———— Co. ' 23 banks foreign Dye Extra Inc. (+) or ♦foe from & 8-25 9- 9-15 Co. (quar.l Finance'Co., 6% Steel (Alan) 8-14 9-11 9-15 $ 1.12Vie (quar.l Co. Chemical Allied (quar.l— common "Wood" see Mfg. <quar.)_ com. _______ Inc., preferred Wood Class 2,120,154 + 4.50% Alliance ._ Bearing, (quar.) Co., American Demand deposits credited banks decreased in domestic to A securities- adjusted deposits 241,400 ..— preferred Alan . (quar.l.. 9-12 40c 60c 15c 25c 35c — Holder* When Payable of Rec, Share Roller Reduction 4% Francisco District. __ Total U. S. Govt. all reporting member banks was 613,848 repurchase under 5% Air Co. & Laboratories posits decreased $269 million. 8,205,598 — 4,521,975 Bonds 1,552,304 6,782,500 — 4,995,716 Certificates Meld 1,630 — Ball Allied Demand 656,389 — Wire districts; the net decrease tively. 777 + 225,865 + 1,060,931 — 11,307 + 746.846 loans Wought 5,773 an¬ previ¬ show the payments we (quar.l $194 million. Hold¬ ings of Treasury notes and of United States Government bonds decreased $58 million and $34 million, respec¬ 97,219 + 5,773 — 350,762 — advances and Xiidustrial 791,311 21.035,413 Acme Co. Kid at R. . ctf. reserves cash JJiscounts F. for _ _ Steel Allied amounts in most of the other 1,158,150 — 20.294.102 fund Redemption 1952 1953 1953 Assets— or since July 30, Acme Aetna banks in¬ to Loans million. $99 increased $227 $66 million in Chicago and $41 million in New York City and increased $30 million in the Kansas City District; there was a net decrease of $129 million at all reporting member banks. Holdings of Treasury certificates of indebtedness de¬ creased $97 million in New York City and by smaller Federal Reserve Ranks Combined dividends Then we follow with during the current week. second in two separate the all indicate we Per Holdings of 55 ously announced, but which have not yet reached their payment date. securities thousands ' 177. tin Volume this issue, in Name of Company (In • bonds due 4% f. 15-year s. the In nounced - depends tAppllcatlon 12783 • trust Dividend announcements are grouped .561797°+ .425531°+ . •Nominal, *.. — bonds, due after Aug. 4(4% mtge., ♦Announcement .658327°+ .658327°+ .561797°+ .531914° + rate) 12243 —! 2.815625 1 .658327°f .425531° + peso (free 51 1 1961—! due Corp:—"r- DIVIDENDS .561797°+ peso 1 preferred stack, $10 par. value.Aug 2.805105 peso Uruguay, >"•?/'. Aug .233350 2.804483 .658327° + Uruguay, peso University "«, -. bonds, Machine & .193233° .233350 peso Uruguay, Uruguay, » 50 - .0349050 .193233° 2.805417 sterling York New .496766° .233328 -TIV" pound Power mortgage Gear Page Date .140154° .193233° V pound Kingdom, Uruguay, , 1, 1953—-.——Aug 1 • . ' - ,<■ 1961 Sep 1 20-year 5 (4% cumul. income debentures due 1964—Sep 1 Standard Power & Light Corp., $7 cumul. pfd. stock Aug 1 .0348850 JL—— franc South Africa, 1st Collateral .0348900 Switzerland, United CALLED., Ltd.,, class B stock Oct 1 convertible preferred, stock—.:—Aug 20 4.8% York New Bros. 1st .496766° .496766° 55 Boxes Pittston Co.— .193233° peso krona of .496766° 55 -Sep 15 ,, Convertible cumulative .00285625 .140154° .140154° .140154° 1 1 1 1 -Sep — ISSUE and Issue— Corp., 3'/4% Foote .210466 .210466 Norway, Union Eastern .325833 1.009921 Mexico, peso krone Philippine Islands, Portugal, escudo .0233186 .325833 —; rupee Sweden, bonds due 1965-VL 7% Wirebound Canadian Carrier .210400 (Metropolitan), franc India, Dominion of, rupee Ireland, pound Zealand, .0544060 1.008750 France, Netherlands, Oct due 1971 due 1977-- debentures, due 1962——Aug 15-year V/*% debentures.. Aug Co., Ltd.— *>-<"' • J 3%% ENTIRE .325833 Finland, Markka New Co., Power mortgage Company 1.007812 dollar dollar Ceylon, 1st Co., — Basic British Ray Drug Toho Electric .0200000 .0200125 Brazil, cruziero— Canada, Farms ♦ Co.— Depot 2.243525 .0200000 .0200125 Belgium, franc collat. tiust 4'/a,% bds. due 1975__Sep trust 4% bonds, due 1961 Sep Ry. Union 2353 1 1 1 .0719820° .0719820° 2.243276 2.243027 2.243027 2.243774 pound .0719820° .0719820° .0719820° Australia, Sun $ .200000° .133333° .133333° Preferential $ $ $ — — Seabrook .200000° .200000' 51 1 Aug collateral Co., Paul Seaboard July 30 July 29 1954 1st & ref. mtge. 3Vs% bonds, series B, Air Line RR. 3%% debentures Thursday Wednesday July 28 $ Argentina peso— Saint (Value In United States Money) Tuesday July 27 due A. series England Gas & Electric Association— s. f. collat. trust 4% bonds, ser. C, due 1971--Sep Northern Friday Pag« Ltd.— 20-yr. Pittston Country and Monetary Unit bonds, Co., Power Co., 5.6% 1st preferred stock : Aug 28 Lehigh Valley Coal Co.— 1st and refunding mortgage s. f. gold bonds, 5% series of 1924, maturing Feb. 1, 1954 Aug 1 INCLUSIVE 1953, Rate for Cable Transfer* In New York Noon Buying 7% mtge., Electric Keyes Fibre of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just passed: FOREIGN EXCHANGE RATE8 CERTIFIED BY FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930 Pursuant to the requirement JULY Consolidated 1st Date and Issue— Company Great (quar.) Co. common (quar.l (quar.) (quar.) Co Mills Corp.. preferred common 4.20% Burrard Dry Dock, Ltd., class A , , t!2c 9-15 ' 7 Volume 178 Number 5243 The Commercial and Financial Chronicle ... (427) Per Name of Company Bush ' Share ' Terminal -Co Canadian Fairbank-s-Morse Canadian Ice,Machine;.Co., Carpenter Steel Co. Co.,.Ltd. Hollywood preferred Central 5.25% 4.50% (initial 9- 8 15c 8- 1 7- 1 7- 1 $1.12% 10- 1 10- 1 9-10 Certain-Teed Chambersburg Champion $4.50 Co. Chilton Co. Engineering Finance Colorado Connecticut ; V(Baltimore), 4 4%% vpreferred . 1 8-10 Heater & $2.50 Lane-Wells 8-21 Le $1.18% 1 1 8-14 1 7-31 20c Corp 8-28 8-14 7-31 7-21 9- 1 8-15 8-21 8-11 10- 1 ______ 35c $1.12% _____ 10- 1 9-15 M. 10- 1 9-15 4% preferred C (quar.) Utilities Gas 18%c (quar.)_jl_ Corp. 9-15 9- 1 9- 8- 3 Consolidated Theaters, J Ltd.,. class A Consolidated Vultee Aircraft Corp. (quar.)_ (quar.)_ 45c 8-25 8-14 Consolidated (quar.) 30c 8-26 8-11 Cook ••; Water, Power & Paper Varnish Co., common Paint & $3jprior Crane 3%% Crompton .& Crown Curtis Dahlstrom Deere & 7% Metallic Co., 8-12 1 8-12 8-31 Marathon 4% Dickey (W. Drackett Co., 9 4%% B prior 8-17 8- 8-10 9c 8-15 8- : $30c 9- 1 Mid-West 93%c 9-15 9- 1 $1.50 25c 8-21 8-14 Moore-McCormack 25c 8-21 8-14 Morrison-Knudsen 50c 8-25 8- Mosinee (quar.) A / ______ 50c 8-25 8- 12Vic 9-11 8-26 —— (quar.)_. common Co., common _________ 8-26 9-15 8-14 85c (quar..)_ 9-30 (quar.) 10- 1 32Vic — _______ 9- 1 $1.12Vi 9- $1.75 _ 1 (quar.) 8-10 8-10 7-30 9-24 9- 1 9-24 9- 1 9-10 8-21 National $1 8-15 7-31 Ltd., —_ $1.15 8-15 7-31 (quar.)— preferred (quar.) $1.18% 8-15 7-31 4.90% preferred (quar.) $1.22Vi 8-15 7-31 Ford "' Steel A Class Fort $1 $1.50 $50c (quar.) 8- 7 9- 1 8-17 50c 9- 1 8-14 9- 1 8-14 $1-, 25c 9-15 9- 1 2£c 8-15 8- 3 37Vic 8-15 (quar.)_____ com. (quar.)— preferred 9-15 25c ___ .—___L__ (quar.) Acceptance Corp., preferred General _______ — — — 8- 3 Cable General 1st 4% 4% Corp., preferred convertible • Dynamics General Electric Ltd.— $1 10- 1 10- 1 9-11 9-10 8-14 General Refractories General $5 Co. iquar.) preferred Co. preferred Gorham Mfg. Gossard (H. com. (quar.) Granite City Steel Co., Greenfield Tap & Die Guilford-Chester Oil Gulf Power Corp. Harbison-Walker (stock Co. -Humble Oil 'Indiana Gas (Indianapolis Inland Steel & 9- 9- 9 1 1 dividend) 7 issue <quar.)_ 8-31 8-26 8-14 8- 7 9- 1 8- 4 12- 1 11- 2 9- 1 • (quar.) Co. (quar.) 1 9-11 8- 1 7-23 9-11 9-15 8-31 9-15 9- 1 9- 8- 5 8-29 1 Smith 8-12 9-10 8-19 9-11 12-19 9- 1 preferred Railway Carbon 4.50% Oil Co. 1 8- 7 Sterling 8-18 Stouffer 9- Studebaker 9- 1 9-25 9-25 9-15 $1.50 10-30 9- 4 4 8-21 10- <quar.)__ a 8-10 2 10-31 10- 1 9-17 10- 1 9-17 Texas 9- 1 8-14 9- 8- Thew 75c 1 7 (quar.)_ 8-20 Thrifty Tide 9-30 Titan 8-10 Title J30c 9- 1 Glass 9- 1 1 (quar.) (quar.)_____ Union (quar.) Co. Corp. ; 8-25 8- 7 22%c 9- 1 8-14 9- 1 8-14 Common 9- 1 8-14 9-10 8-18 8-14 8-28 8-14 8-21 9-10 8-15 90c 9- 1 U. Parkersburg Rig & Reel Co., common $5 preferred (quar.) 8-28 Paterson 100% 9-10 8-25 Paton 8-10 Pennsylvania (quar.) Car 8-15 U. 9- 1 8-15 U. 5 8-20 (quar.) 9- 1 8-15 Co. Co., Consolidated Cooler, 9-15 8-31 convertible 9-18 4.05% preferred $1.01 9- 1 8-10 Webb 9-18 4.40% preferred $1.10 9- 1 8-10 Weeden 8-17 4.50% preferred F (quar.) $1.12'A 9- 1 8-10 3% 12 %c 9- 1 8-18 4.70% preferred F (quar.) $1.17'A 9- 1 8-10 87%c 9- 1 8-18 9- 1 8-18 8- 7 7-31 Mfg. Co. Bottlers Perfect Circle 10- 1 9-17 Perkins Machine 37%c 9- 1 8-11 7% 9- 1 8-11 15c 9-10 8-31 9-16 9- 1 Phelps 8-11 1 8-14 class-A &(quar 20o 9- 1 8-10 $3.65 75c 9- 1 8-14 $3.95 (quar.)_ Gear & Philadelphia 88- 8 8- 5 8 9- 1 8- 7 D.), Knapp, & A (quar.) :_ Corp. (quar.) Suburban preferred preferred Water, — com. Wellington 7-30 7-23 Wesson 65c 9-10 8-13 West Oil Coast — 9- 1 8- 7 9- 1 8- 7 9-15 8-31 9- 1 8-15 8-31 8-10 9- 8-10 8-21 30c 8-27 8-13- 9-15 8-28 9-10 8-28 70c 9-10 8-28 9-10 8-2® 1 8-11 9- 1 8-11 9- 1 8-25 25c 8-18 55c 8- 7 8-18 $1.75 8- 7 10- 1 9-11 Corp.— $1.75 (quar.) 8-18 25c 9-25 $1 — 10- 1 $1 10- 1 8-10 9-15 9-15 9-15 75c 9-10 8- 7 $1.75 _____ 9-20 8- * 9-30 9- 9 $25c ' Oil Co. (quar.) pfd. partic. 50c iquar.)_ (quar.)_ (quar.) 8-25 8-10 $1.50 8-15 8- 9- 8-17 $6 pref. 75c 1 9- 1 8- 7 $1.12 9- 1 8- 7 11c $1.50 (accum.) (quar.) 75c 8-15 10- 1 9-10 7-31 9-1® 9- 1 50c (quar.)— common 1 25c — Fund (increased quar.)_ 10- 1 9-15 12'Ac 9- 1 8-17 10c Mills, & (1945 (1951 series) series) Inc. $4 pfd. (quar.)__ Telephone Co.— Stockholders will vote, at date still to 9- 1 9- 1 8-11 be determined, on a 98%c 9- 1 8-11 split the common on a two-for-one basis. a 8-17 1 8-17 8-15 7-31 8-15 7-31 $2 (quar.)—— Snowdrift, 8-17 1 9- 56'Ac (quar.) (quar.) 1 9- 10c 62'Ac — 9- 12'Ac (quar.) 8-11 25c $1.18% Co,— 91'Ac (quar.) (quar.) (quar.) 8-20 7 65c .■_ common preferred 9- 1 8- Corp.— Inc., Co., preferred $1 75 1 Co.— Extra 4% % 7 9- 93%c .___ Extra Class 1 8- 40c (quar.) _____ common preferred W'eingarten (J.), 5% Co.— Corp. Dodge 8-15 & 8- 1 35c (quar.) (quar.)___ preferred (quar.) Mutual Investors 25c preferred Petrolite 9- Co. (quar.) 8-15 25c Extra Pepsi-Cola 8-15 10c (quar.)_ General 75c $1.50 Pepperell 56'Ac 30c ; Y.) Line preference 4% (quar.) iN. Washington (S. 7-31 8-15 9- 25c (quar.) (Northam) Warren 8-15 25c 12'Ac (quar.) common Universal 8-31 T 30c Co. (accum.)__ Warren $4.50 (quar.) (quar.)___ T Universal 8-10 8-11 8- 7-29 1 25c Playing Card Co. (quar.) Corp., common preferred (quar.) United Steel Corp., Ltd. (quar.) 1 1 8-28 8- 40c Steel 9-15 9- 20c $12%c <quar.)„ —_____ Foundry Conditioning Finishing 1 D & 8-20 9- 8-17 $1.12% (quar.) 8- t35c 8-15 8-15 1 $2 8-20 92%c 1 1 9- Ltd.— 7% $3 99- 20c Corp com. Storage 1 8 10c 50c 25c (quar.) (quar.) 9--'1 9- 8-14 37'Ac L__ (quar.) 8-15 35c 8-14 8-14 40c Pipe 20c Co.— (quar.)—) !__ 8-28 9-15 9-15 $1.37% Oil f20c — (quar.) B 5c S. S. 7-21 8-14 2 $1.10 (s-a) preferred $4 9- Air 1 7-29 9- 37'Ac (quar.).^ Chemical Co. Cold preferred S. 8-15 8-1* 9- 75c (quar.)_^ A Engineering 1 10- 10- 1 California— of preferred 9-15 40c 1 9- 9-15 40c ^ & $1.25 Paper_—1 common S. $7 U. 50c 8-28 C 9- 25c 25c preferred (quar.) United Illuminating Co $1 8-14 Electric 8-28 9-10 8-10 8-10 iquar.)_ (quar.)_^ common preferred United 8-10 9-11 9-11 (quar.)__ 7% Co. Oil 4% $1.10 (quar.) (quar.) Ltd., (quar.)__ Mfg. Inc. common Gas Terminal 37%c (quar.) preferred Tank 7 12%c (quar.) common preferred preferred Union 8- 25c preferred Co., 8-31 8-25 $1.25 $4.40 Mfg. 9-19 45c 25c Co Parchment 8-31 $1.31'A (quar.)_ (quar.) Finance 9- 9-19 $1.12% com. 9-10 7 75c (quar.)_. Coal, preferred 9-15 $3.75 75c 8- 25c (quar.) Traer $2.80 8-17 35c A Stores 52%c (quar.)_ iquar.) Glass iquar.) (quar.) Mfg. 34%c — common Service, Co., Jersey Guarantee & Trust Co. Union 8-10 1 8-20 Associated Metal 37%c Corp.— 8-2* 9- 8-10 ___, Co. Drug Water Truax 8-1* 9-15 1 Mfg. Transcontinental 9-15 8-1* 1 9- (quar.) class Shovel 8-31 1 9- 8-28 (quar.)— 9-10 10-12 7 9- 25c (quar.) 9-10 8-1* 40c preferred 10-10 8- 25c (quar.) preferred $1 • 9-15 10-15 62'Ac 7 5.50% $1.50 (quar.)- com. 7-22 9-10 7 4.75% 3 7-22 1 8- preference Products Thatcher 75c (s-a) 8-28 1 8- 8- Transmission, preferred (quar.) 8-31 8- 8-2® Eastern 8- 8-1* $1.25 9-15 Paper Co., Tennessee $1.12% 9-15 8-21 9-15 $12'Ac 1 $1.12% Corp. Inc., 9-15 8-1* 4 55c 4% preferred (quar.)—. 6% preferred (quar.) .:— Syracuse Transit Corp. (quar.) 8-15 1 9- (quar.)_____ Products, preferred 20c 9- 8-15 Superior Tool & Die Co. 4.50% 8-1* 9- 56'Ac Talon, 8-25 8-1* 8-15 Tampax, Inc. (quar.) Taylor & Fenn Co. (quar.) Taylor, Pearson & Carson (Canada), New 5% preferred (initial) 11- 8-15 9-10 $1.25 (quar.) 7-31 30c 8-31 8-31 9-10 25c 8-15 8-20 8-31 9-30 $1.37'A Swan-Finch, 8-20 8-31 9-30 $1.15 Equipment Corp. 20c (Ohio), Co., common Power (quar.) (quar.)__ 7-31 8-28 9-15 9-15 (Dallas, 8-14 $1.05 Co (quar.) Pottery preferred Railway 40c (quar.) (quar.) Co. Co. 8-15 8-28 8-31 Packaging Corp.— 50c — !_ (initial)— 9-10 20c 9-15 50c com. Aluminum 4.40% 1 8-12 25c (quar.) New convertible Sutherland 9 1 9- a common 8c (quar.)_ on (quar.)__ com, : 9- 9- 9-11 preferred (quar.)_ (quar.)__ California (quar.)_„ of fl5c 9-15 9-15 director's a shares preferred of Co. $1.60 8-21 25c $1.60 Oil Standard 8-1* 9-1® f30c Extra Standard I 1 9-11 J30c Corp. Standard 7 910- 10c $1.50 Products 8-11 8-10 25c on preferred $4.50 8-20 8- 8-1* 1 * 25c <quar.)___ (quar.) 1 1 * 9- 50c 9-10 9- * 9- special meeting new 1st 2nd Standard $1.12% A Insurance Forging tl2%c 9- 9-15 40c , Co., preferred Standard 9- 9-15 $1.12% lquar.)__ Co. Inc., 7-17 1 9-15 62'Ac (quar.) Spencer Chemical Co., common 4.60% preferred (quar.) 12-15 8- 35c 62'Ac Co. Life convertible Speer 9-1* 30c Chemical, Texas) (quar.) Spear & Co., $5.50 $5 9-28 12'Ac (quar.) Socony-Vacuum Oil Southwestern 8-1® 37%c (quar.) Dredging, 8-27 * 8-25 50c 8-14 9- 9- 51 (quar.) Agricultural 6% 8-15 8-29 1 ; / above 5% preferred Simmons Co. 10- » 10- $1.12% 1 the 8-14 1 8-2® 9- basis. 2 (quar.) Pharmacal Sept. split Simpsons, Ltd. 8-1* 1 $1 a 9-11 10- 10c at 1 9-11 1 $1.12% 4 1 9-10 40c preferred Signode Steel Strapping Co., 10- 7-31 9- 30c (quar.) on to 9- (quar.) Public Owens-Illinois 9-10 910- 35c & preferred Tail 35c '___ held 7-31 8-15 10- (quar.) (quar.) vote 50c : Investment preferred 57c '(quar.) be proposal 8-1® 8-15 25c (quar.) 8-14 15c preferred Ohio Match Co. Aquar.) Water Water, ________ 1 will Coil (quar.)_ $1.06'A (quar.) common 1 $2 (quae.), Fibre preferred 3.70% 4 $1 com. (quar.) Spiegel, (quar.) Bancorporation, Onondago 7% B to 1 $1.12'A (quar.) Standard lquar.)__ 9-15 6 9- A preferred B Class 8-1® 10- 50c (quar.) (quar.)____ 50c 9-15 10- 9-11 9- 35c pfd. Breweries, Ltd., common (quar.) Voting trust certificates (quar.) Signal Oil & Gas, class A (quar.)___ 7-24 3 1 25c preferred $4.50 7-20 series 9- 1 8- of 15c 4.20% 1st Sick's 8-10 Castings Co.— $1 9- 8-10 9-10 Corp. 7-27 ; 50c 10-20 9-10 $1.75 common Light Northwestern Pacific 9-14 9-1® 9- 30c (quar.) America, class Standard 25c $1.09% (quar.) (quar.) Refining 8-15 9-14 8-14 10-15 $1.35 _+_H Corp. 1 (quar.) Northwest Otter 1 9-15 Mfg. 8 ___. Del. $3.60 10c Corp.,.common Co. $50c 9-15 1 10- 9-18 $0.01666 Co. 8- (quar.) Co. American 5% 10- 10-15 Hampshire— common 4%% 8- ' Casualty Co. Zinc (Jacob), $4.50 * — Louis-San Francisco Ry. Co. (G. D.) & Co. (quar.) Shoe * 9- J75C (quar.)_ 75c preferred iquar.) 5%% preferred (quar.) Norwich 8-21 ft 8- 9-30 84c Y.) lie of Inc. A 25c B 5'A % 1 8- 8-15 f50c 15c (N. (quar.) .___: Power, Ltd. American Cement Corp.— North 9-15 9- 8-17 22'Ac Searle 37'Ac (quar.)_ 20c 7 f$1.50 Trust New Inc., (quar.) (quar.) Steel Telephone Co. 4%% 1 $1.25 (quar.) (reduced) Inc. (quar.) com. preference common preferred of Aeronautical Sheller 10c Vulcanized A Ryan St. 9-18 50c iquar.)— Brothers, Class - 8-14 9-30 * _____^ _____ preferred 1 50c 1st Co., & non-cum. Participating 8-21 40c series Co., Newfoundland 2 Co.— common Supply Tea Class 10- $3.50 Products, preferred North 8-14 8-10 20c Series—Stock preferred Jersey 6% 1 8-31 37%c (quar.) & preferred Newark 9- 37%c (quar.) Shops Amsterdam -2 10- $1.16 $1.50 (quar.J— & 15c 50c 2nd preferred Hubinger 9- 42 %c Corp., common: preferred -(quar.) 414% 9-15 9-10 (quar.)_ preferred Stores 8-14 9- (quar.)__^ Houdaille-Hershey Howard 8-15 44c (quar.).. Refractories Co. Barbizon, $2.25 1 8-31 50c Co. Corp., preferred 2nd 9- 25c 50c (quar.) preferred $4.37% 8-15 Li .— Heyden Chemical Corp., common 3%% preferred A (quar.) Hotel 9-15 1 9-14 iquar.) preferred Instrument Mining 1 9- 25c .____ 5% 10- 9 _______ Harnischfeger 8 35c 9- Corp. (quar.) Hamilton Watch Co., common 4% convertible preferred (quar.) Hecla 9- —L Corp. Hajoca 6% 9-25 $50c Water Common 8-25 8- — Hammond 9-15 1 i Hackensack 25c 9-15 Water 4.64% 4 8-15 9-29 Gypsum Lime & Alabastine of Canada, Ltd.— Quarterly Quarterly 1 3% (quar.) Co., 9- $1.37% —____ (stock dividend) com. -preferred '(quar.) Mfg.'Co. (quar.) Gulf 25c 9- 8-10 50c ______— 5%% Gray 1 $1.25 ____ (quar.)L__ Co. 9 9- 8-15 30c 8- (quar.) preferred Southern (quar.) 6% — (quar.) Co. 10- Wisconsin— Corp.__ W.i 7Vi% 84%c 55c of (quar.) American 9-18 40c ^ (quar.). Telephone 10-26 New 5 8-17 preferred (quar.) ; Resistoflex Corp., 5Vo preferred (quar.) Robbins & Myers, Inc., common (quar.) $1.50 participating preferred (quar.) 5 $1 (quar.) stock Shirt 4.20% 9- 7 4% 7-31 7 7 8- 20c Republic Insurance Co. (Texas), 8-11 8- 75c (quar.) ■: Neisner 8- 8-25 $1.06% ;______ Starch National 7-22 8-20 8- (quar.) Co. preferred $4.50 7-22 1 87%c (quar.)—•: Extra New Corp..—___ Telephone Co. of Ohio, $2.20 General Globe Equipment 75c 9-11 ' • American deposit receipts ordinary' (final) Mills, Inc., 3%% preferred (quar.)General Plywood Corp., 5% preferred (quar.) General Precision 75c . ;'.i General 9-11 50c — (quar.)_____ General Electric Co., 1 _'___— Corp.' (quar.)—._ Co.' 10- (quar.)— (quar.)_— preferred 2nd General • 15c common A Malleable Preferred 4%% 1 20c Chemical Co. of Canada, (quar.)_____ preferred (quar.)__. & Securities National 7-22 8- 99- 50c Reading Co., 4% Remington Rand, 10-21 8- 8- (quar.) three-for-one (quar.)___ Quarterly National 1 15c National National 1 8- 8-21 $125 5.40% .preferred (quar.) Ray-O-Vac Co. (quar.)____ — • convertible preferred National changed to "Pepsi-Cola General Bot¬ tlers" A preferred B $1.40 Bottlers— Name Y.) Gypsum Co., $4.50 pfd. (quar.) Lead Co., common (quar.) National 1 11- 50c (N. Extra 6% 7-21 100% (s-a); convertible 7% 7 8-12 20c 8-21 9- $1.37% (quar.)_l Bank Service 3.35 % 3 Inc.— Corp. Drug National 8-14 8- Trailer preferred General 8-28 9-15 Bridge Works (quar.) ___: Co., common (quar.)_ Fruehauf 4% _; (quar.i 25c $50c . Canada, Ltd.— iquar.i. B Pitt (quar.) — ____— Corp. of Motor" Co. Class 60c 8-29 8- Public 8-31 8- 5c Lines, Inc. (quar.)_ Co., Inc. (quar.) common National 9-15 9- Ltd., com. (quar.)_ preferred (quar.)__ Inc. 8- 5 8-21 9- (bi-monthly) preferred 9-15 2% Quarterly 7 8-17 415c Corp. Corp. By-Products 20c 8- 8-1* $i~25 Coke National Stockholders Aluminate (quar.)__ preferred 4.75% Follansbee class _____— Corp., 4% 8-28 31 %c (quar.) (quar.) Nashville, Chattanooga & St. Louis Ry.— Quarterly National * $1.12% common preferred Line, Inc Muskegon Motor Specialties Co.— $2 8-10 $1.06% (quar.) Corp. preferred National Marshall Field). (see (quar.)__ (quar.) Munson 1 9- 10c Vernon-Woodbury Mills, 7% 25c $1.25 : (quar.)_ Mills 9-15 8-10 15c Wheel Mount Public Ruppert pfd. preferred 9-15 25c ________ Paper Finance Motor Prentice-Hall, 35c ■ Warehouse Co. Refineries, convertible Motor 8-14 8-19 1 9- $1.20 dividend). Canada 1st 1 4% iquar.) (quar.) Munising Paper," 5% 75c (quar.) Works preferred 9-11 25c ________ Co. 5 $1.50 (quar.)___ common 5 preferred & 6% 1 9- 9-10 Co. non-cum. 9-15 1 3 ; (stock com. (quar.) of 6% pay¬ quar.) preferred 9-15 — Power 2nd 40c class common (quar.) (quar.)— iquar.) Co., Corp. preferred Gas Corp. 10- $3 Metropolitan Storage common Power 5c 7 $4 Portland 8-19 Co. 8-1® 9- 15c (quar.) Fuel 8-1® 10-25 Co.— (quar.) Rohm & Haas Co., common on _, common 7 . 4 3 40c 8- — 98- 25c Extra $4.25 1 8-17 $1.25 Fire, Assurance Co., Tool .9-10 25c (quar.) dividend) 8- Inc., (Marshall) 8-15 10- 15c 4'A% (initial common $3.50 Pocahontas 5% 8-15 (quar.) Gas 1 Co Quarterly & 4 $1 (quar.) ___[ 8-15 preferred Corp. Gas 9- 3 9- 75c Ltd. 10c (quar.) Mills, Co. New 1 Publishing— (stock Merchants 7-31 6 Merck Extra 4.60% 9-10 Plomb 10- $1.75 Co., 25c Farrell-Birmingham Florida 1 8-20 25c (quar.) Fund___ Inc., preferred River Filtrol 9-30 10- 35c (quar.) Electric Mfg. 4.50% Common $2c 9 $1 (quar.) (quar._)- A preferred Equitable McGraw-Hill 9-10 $1.14 (quar.),_.— Electrolux 7% 9-10 ~ (quar.)— common Ferries, Emerson 9-30 ___ , Co 9-10 9-30 (quar.) ,i Electric 9-30 - Co. Drydock $1.07 _________ Mfg. Extra 6% 92%c : common Co., preferred $1 (quar.) preferred Mfg. & Harris Co., Maul Macotta Corp Stock dividend _! :>•%" (quar.)_ Ltd. Hosiery Field Maryland 10- $4c (quar.) Massey Industries, Class Eaton Marshall, -Wells 8-14 Clay preferred Durham 4 8-12 Investment Bros., 3%% 9- 9- Electric Donohue Dresser 1 Funds, Inc.— Diversified 4% 10- 1 1 65c : (quar.) 75c iquar.) S.) Diversified preferred Marshall 1 Light Co.— " (quar.) income preferred A (quar.) 5%% prior preferred (quar.) 1 8-25 J75c 5% 10- 8-1® i/2C is-a) 9-1* 8-25 25c preferred preferred 40c (quar.) Co. Marmon-Herrington 1 8-11 Ltd. 10- 8-2* 1 %c (quar.) 11- 9-10 9-12 93%c ; Inc.— investment 25c ; common 4 9- $5 30c (quar.) Fund, net Pittsburgh Steel Co., meeting held July 29. Shirt Corp., 8-18 9- preferred' (qqar.)Ltd. (s-a) & at Street $4.80 9-15 1 (quar.) Engravers & Electrotypers, Common 8-14 1 62%c action no 9- ___r__ Mines, Gas 5% 1 9- A common Extra Photo 50c (quar.) 1 10- preferred 4.56% Derby Co. 10- 20c & preferred Delnite 8-19 ment 50c Door preferred 4.28% Co._~_ 8-27 9-15 9- 10- Co., ; 35c Canada $1.75 50c 3 (quar.) Inc. Hotel, took Manhattan 9-15 (quar,),--—35c Power 3.70% Field 1 9- common -preferred Delaware Fall 9- 75c (quar.) 9- $1 Directors 25c LoomrWorks__-_l^_-_ 1 series i/2C Glass 75c common Co., common preferred (quar.) MacWhyte Co. (quar.) Magic Chef, Inc.— 93%c 25c Seai Co., $2 preferred 10- preferred Holder* Payable of Rem. 40c Common From 50c $5 (quar.)_ Publishing Co., $7 preferred (quar.) prior preferred (quar.)-_____i___-_m_ $4 1 3 3%% Phoenix $1 Woodworking jquar.l_—___ preferred Knowles Cork & _ <quar.)'__ preference Co., f 13c 9- 8-14 "10c Co., MacMillan M. " Consolidated 1 37%c preferred & 10- 9-15 50c :___. $1 (quar.) 50c Inc. Baltimore 7% Pittsburgh Coke & Chemical (quar.) Quarterly 9-15 7-29 (quar.)__ G.), Extra <quar.)___—___— common 3 9-15 1 $1.12% Lionel Corp. (quar.) Lockwood-Dutchess (quar.) Power Pine 8- 1 f (quar.) (quar.) (increased) <R. Fabrics. Lord 8-10 $1.25 Inc. Co. Leverage Fund of Lindsay Chemical 99- 56'Ac __________ Bryant, Tourneau Lea 25c 8-14 1 20c com. Iquar.) 7-20 25c $30c <quar.)_ & 8- 1 9- (quar.) preferred 8- Lane 8-14 9- (quar.) Sessions 9-14 3 preferred preferred Kysor Lamson 9 9-30 10c Light 4% 8-11 9- 9-11 — Electric B 8-20 Koppers 7-31 1 iquar.) common (quar.)— Co., Inc., common 8-13 (quar.) iquar.) Gas, 9-' 1 9- 15c Iquar.) Co., 1st 15c iquar.);— class A Copper mines Consolidated 8-10 10- 9- A 62Vic _____ Power Consolidated 9 25c (quar.) pfd. Paper Co., Fund 8-17 50c _ Co. 4%% Ltd. Composite 9- 37%c — Milling & Elevator Co. Commoil, Class 25c Co., Locks 5.60% 8- 25c — 8-15 5 common preferred Fibre 8-15 $1.12% Mfg. Combined 1 Co., $4.50 (quar.) 10- V When Share common 35%c . C.) (quar.) Laughlin Steel Corp., preferred A (quar.) Keyes Corp., 10- N. 40c com;;« (quar.)_ (quar.) Colonial 9- Life Per Name of Com-pany Philco 30c (quar.) Insurance (Greens- & 5% 1 8-15 (quar.) Lambert 8- 1 (quar.)— iquar.)—: 8-15 >9- $1.12% (quar.) Co., Clayton 9-10 Standard 8-28 44c preferred iquar.) Fireman Manufacturing boro, 9-25 $1.10 : (quar.) (quar.) 4%% Jones When Holder$ Payable of Ree. 35c 82V2C iquar.) _; Utilities, common preferred Kendall 25c _ City Products Corp. & 1 $1.17% : Corp. (quar.) 10- Co.— (quar.)—_——; Paper & Fibre preferred Chiksan $1.31'A quar.).;— Products $1.76 Iron iquar.) preferred Southern Jefferson Co.- iquaf-.)l—__—— Soya 3.30% 9-10 $1.18% Share & Light Co., common preferred (quar.) 4.40% 1 8- Power Iowa 8-25 (quar.)_ preferred Central 8-25 Iowa 9-16 8 Electric-— & (quar.) Electric preferred 1 9- $1 (quar.)— Louisiana common 4.70% 10- (quar.)— com. Per Name of Company 8-14 —;— (quar.)___ preferred Central New Gas preferred 1 9- 5c Building, preferred 8-14 $25c A— (quar.)— Hudson 4%% 4.75% Holder» 9-14 $20c (quar.) class , Central When Payable of Rec. 50c Ltd., (quar.) Extra 4% 10c . 47 director's proposal to 8- 1 7-24 $1 9- 1 8-1* The Commercial and Financial Chronicle (428) 48 Indies West __ 40c — 15c common27Vac $1.25 — SI.26 Whitaker Co Paper Wickesl Corp. — Corp., preferred (quar.) 5.04% preferred (quar.)_. Alan Steel, » preferred Wood iG. Woodall 5V' H.J (quar.i common (quar.i-5% % preferred Inc.. — —.— ---- pfd. Co., & Industries, <quar.)___ iquar.i.- common (quar.i- Corp., 4'/2 % iquar.i common preferred (quar.)——— —-1-—- Co. & Tube Sheet Youngstown —— iqwar.) 9-1 8-28 8-10 Bourjois, Bower $1.25 10- 1 t$1.37'/2 30c 9- 1 8-31 Class 8-18 8-14 British weeks dends Brown Buell Vending Corp. Acadia-Atlantic Sugar Refineries, Common (quar.) ————— —-L (quar.j-.— Agnew-Surpass Shoe Stores, Ltd. $1.20 class A Radio Aircraft Ainsworth Airfleets, —— Co.- —- Inc. Canton Akron (quar.j—- Corp.—— Mfg, & Byron Co, 4.40% 9-15 8-22 8-22 9-18 9-18 9- 4. 8-14 9-1 9-1 7-27 7-31 4% 4.80% Canada Foils, Class A Canada 7-23 8-15 7-30 Chain Belt 9-11 12-11 3-12 9-11 12-11 3-12 Chase National 6% preferred American Can Co. American Car & Stock —— —-— — Shares income) American > common (quar,) Business vestment —:—— (quar.) 7% -r-——— (quar.) 7% non-cum. 7% non-cum. preferred American (quar.j Colortype American Furniture (quar.)— American Derrick Insurance Co. _______ Co. Co. (quar.j- (quar.j (Newark, Semi-annual $1.75 $1.75 50c (quar.) Steamship Hoist i& _— Co American-Hawaiian American Co. -75c $1.75 (quar.) Cable & 10% 25c 5c 75c 30c 10" 1 1-2-54 4-1-54 10- 1 1-2-54 4-1-54 9-15 9-15 8-15 9-14 9-10 Carborundum Carpenter Carrier American 4%% Smelting Common American $1.12,/a 56(40 (quar.) Refining 9- 1 Anglo-Canadian Telephone, class 4 % % preferred. (quar.)^_ Anglo-Iranian Oil 50c (quar.) ______ A Electric _ — 6% Dry Goods 1st 2nd Atchison, Topeka Common Atlanta Corp., preferred preferred & Santa Co. Atlantic Coast Line RR. Ry. Fe of Co. 4(4% Gear Beck Power (A. (quar.)______ 4(4% Bessemer Best & Birtman 4.25% 5% preferred Bliss (E. Bloch 6% Blue W.) Bros. Cold 3(4% Eoston Real 8-21 40c 9- 1 9- 1 preferred 4% 9- 8-10 8-31 7-31 21c 8-15 7-31 A $1 30c 8-15 10-15 8-15 8- (quar.) 75c 9- 8-15 *. _ 1 Dover " Dow 10-16 10- 1 12-16 12- 1 $1.25 9-30 9-14 $1.25 9-30 9-14 9- 1 8-15 $1 10- 1 9- 1 8-10 • Dupuis 8- 5 8- 9- 1 1 - 7% 9- 1 8-11 EasteriVStates Quarries 9- 1 7-31 $4.50 9- 1 8-20 $1.25 9-11 8-14 Common 4(4% 9-11 Co. Foods, Inc., (monthly! convertible Class A able (stock dividend) redeemable shares for Foil $3.50 20c each Co. Two 9-16 share 8-3 7-24 9- 1 8-14 1 8-17 1 8-31 1 8-31 9- 3 8-10 9- 1 8-15 & 2nd 4% 2nd Gas 8-14 Conduits 1 8-14 Cone 8-14 4% Co. National Mills 9-28 Confederation 50c 8-15 7-24 15c 9-10 8-25 Quarterly Congoleum-Naim, Consolidated 1 9-15 8- 3 10- 1 9-25 25c 8- 3 7-10 8-15 8- 1 75c 9-30 9-16 lie 8-14 7-29 9- 2 $1 9- 1 8-12 10- 1 9-16 Inc., Consolidated Class A & B 8-25 7-31 50c 9- 8-24 1 (quar.) 7-15 3 8-14 9-10 8-14 10-10 9-21 $1.37'4 Dearborn Glass Co., Power Co., preferred 8- 1 8- 9- 1 1 8-14 3714 common 8 7-20 c 25c 20c ____ ('quar.) 10c 12-15 9- 9- 1 8-14 10- 1 9- 1 4 10- 1 9-19 c 8- 3 7-15 37'4c 8- 3 common 8- Container Corp. of American, com. 4% preferred (c.uar.) — ; 9-21 ; 8-25 * 8-25 £ 8-15 8- 5 8-15 8- 5 9-10 8-20 Ltd. 8-15 7-31 9- 1 -8-21 12- I, 11-21 : 9- 1 8-11 " 9- 31 %C •• , 1 8-11 8-15 ■j 9- 1 10- 1 10- * 7-15 * 8-14 9- 4 1 98- 3 9-30 9-16 9-21 8-28 9-12 8-31 9- 1 1 8-14 9- (quar.)_ - 8-14 9- 1 8-14 9- 1 8-14 9- 1 8-14 $1.41% . 1 $1.34 $1.06'A . — preferred 9- 1 8-14 t2c Co 75c 30c iquar.)_ 8-12 10- 1 8-14 Empire 7 7 60c Equity Corp., $2 conv. Erie Forge Fairbanks The Traders (N. Syracuse Mfg. pfd. 5% preferred Y.) Co., J.) 8-10 7-20 8-13 1 11-1' 8-17 9- 1 8-17 10- 1 9-16 10- 1 9-11 9- 1 00 $2.50 preferred (quar.)_ (stock dividend) com. new (initial) com. 10-1 68c 8-15 8- 1 2% 8-21 8- 7 62(40 (quar.) A 1 Co.— (quar.) Co., Co., 1 8-31 50c Insurance preferred Corp. & 912- _$0.185625 (quar.) 5% series convertible Insurance (J. 7-24 25c (quar.) Life Fedders-Quigan Corp., Federal 1 $1.12 '/2 (quar.) & Co. Morse Farrington 9- 8-15 Fair) 4V2-'.i Co., & 7-10 12 '/2c (quar.) (quar.)—— (see (initial)— 8-28 8-18 68%c 8-28 8-18 15c 9-10 8-31 50c 9-10 $1 (quar.) common 9-15 10-12 8-28 10- 1 Ferro Carp.— Stock 2% dividend Cash dividend 8- 3 1 9- 8 10- 1 9- 8 Fire 8-20 8- 5 Firestone 9- 8-20 Association 414% Tire & Philadelphia Rubber preferred (quar,) 9-25 9- 4 40c of j 8-15 8-28 $1.25 common preferred prior preferred Fairbanks, 1 $1.25 (quar.) Mills Crrp., (The) 1 9- 15c —. 1 9- 50c (quar.) preferred Fair 8-14 9- 15c Corp., common— preferred 4Vx% 8-12 ) 7-15 Co.—. $5 5% 1 8-15 12 '/2C (quar.) (quar.) $5 Erlanger 9- 15c preferred & Steel 25c $1.25 pfd. (quar.) common Railroad 8- 8-27 Co.— A (quar.) Credit Corp., 50c preferred 8-14 9-17 25c — greferred Equitable Erie Electric District 5% lquar>)_ , 7-28 8- 70c ) Co. Mfg. - 9-16 15c Emhart ; 8-14 9- $1,371/2 . $1.02 V2 $1.06 % (quar.)l pfd. ; 8-31 9-11 52 '/2c 4.10% , 4 8-15 $3 (interim) ■* ; 9-17 10c : 10- 1 1 10- +50c (s-a). initial quar.). 1 Extra 7-31 8-20 v $1.12 Va 50c (quar.)— Rubber & 8-31 $1 5 5 9-10 $1.50 (quar.)—: 2nd Auto-Lite Hose Federal-Mogul 50c 1 9-18 8- $1.10 preferred Mines," Ltd. Felin 55c 10- $1.75 (quar.) <quar.)_ 5.65% 7-15 $1.13 11 8-15 9-10 t20c fquar.)___— 7-15 ' (quar.) Co. preferred 3 $1.12 '4 10- — Trust, Gas Co., convertible 8-15 (quar.) (quar.)__. : 7-29 $1.75 1 $4.25 137'4 c (quar.)__ ; 8-15 25c Ltd. 7-15 25c Ltd — (accum.)-—4 5.36% 6214 c (quar.) 1 ' (quarr) 514% (quar.)_4 Co. 1 7-29 8-19 $1.50 preferred 5V2V0 12-10 9-15 Industries— Corp. Water. preferred Farmere (quar.) 2 "9-1 31 %C' (quar.) Associates Steel 8-14 9- (Toronto)— (quar.)__ Gas Consumers 8-15 40c i 1 Natural 1 6 9- 3714 (quar.) preferred 8- 5c 20c preferred 40c Consumers 21c 5c UOc Corp. Chemical 4 $5 (quar.) Power, Consolidated 4.52% $1.06% 7-31 137 '4 c Consolidated 4.50% 7-20 8-15 (quar.) 8-19 87(4c Connohio, Class 12-18 8-15 9- 50c Association Inc. Light 9-15 8-21 12-30 Ltd Laundries Connecticut 2 20c (s-a) 5(4% preferred common Life 9-30 9- 9-16 (quar.) 1 8-18 1 since iquar.i Co., Corp., preferred 9- $2 Columbus Mutual Life Insurance 1 9-15 $2 710- :>9- . •;8-19 t30c (quar.) 4 7-21 9-30 $2 Concord Natural Gas, 9- 8-17 payment Inc. (quar.) Corp., $4.25 pfd. (quar.) Columbia Terminals, common (monthly) Common (monthly) 9- 10- (1st 1st preferred- System, Carbon 8- 1 8-15 31»/4C (quar.) Pictures Columbian 9- 50c 1C31) Columbia 9-15 10- Co. Ry., 4% pfd. 1 125c preferied Columbia 9- 40c Gas 7-31 ' 9-12 87'4c Corp preferred December, * 8-14 (quar.) Aiknian 4%4% Electric ~25c common _ (accum.)— Corp., Natural Paso Electric preferred held 1 7'/2c (quar.). _—— 4.80% Investment Edgewatqr El - Elder non-assess¬ value par 2 $1.75 —. 9-16 1 iquar.)___ preferred 4% 9-30 9- 25c 1 10- (quar.) 10- 20c 10- (quar.)_ 8-4 1 8-14 Cochrane-Dunlop Hardware, Ltd.— Cockshutt Farm Equipment, Ltd. 1 1 1 9- 9-14 9- 9- $1.12'4 (quar.)__ Colgate-Palmolive-Peet, 9-1 9-14 4 10c preferred 8-15 10- 9- 10c 7-20 1G- 25c 8-10 (monthly) 3 30c Eddy Paper Co._ 8-10 1 <quar.)_: common 8-10 9- $1.06% 1 9- 25c 1 22(4c 12(4c 1 9- 50c 8-10 1 t75c 32(4c 10- 87'4 c I quar.) 9- 9- 25c pld. (quar.) 25c Clinton 8-14 8-21 1 $1.12'4 7% 81110- * . 7iy«c Interurbun B Utilities Ecuadorian Extra • 9-15 Co.— (quar.) (quar.) Corp. -iMd.i preferred Economic Pittsburgh, preferred preferred A 7-20 & 8-17 Instruments— Marine preferred $6 8-15 preferred (quar.) Corporation 1 special guaranteed 8-19 7-16 15c preferred (quar.— Mines, Ltd._^——— 8-15 4% » A.— & & $7 <quar.)__ 1 6 9-15 UOc Sullivan 9- $4.50 S. preferred (quar.*) East Inc.— (quar.) 9- 8- t25c (quar.)— 5% Co., St.r Louis 6% 8-20 $1.25 • t25c U5c , —__: preferred Ltd.. Freres 65c Cleveland 7% preferred Eastern ) +62'/2c . (quar.) (quar.)————!_ convertible 4(4 % 20c 8-7 9-17 7-31 Ltd. 40c 50c (s-a) dividend 8-7 8-17 > 8-25 ioc 9-10 25c (quar.) Illuminating 8-31 - 1 Chattanooga— iquar.i 25c t40c (quar.)—. _ (quar.) Co. —_ 7-31 7-15 25c ; preferred 8-15 -v UOc Dumont-Airplane 30c quar.)_ common 8-31 8-20 . 3 8-14 Common (increased quar.) 5%%- preferred ,(quar. H— 8-14 8- 7 - 25c —____ (quar.)— Drewery's Ltd., U. RR.— (quar.) 8- 50c Cleveland 1 7-27 preference 4% 8 1 4 35c 9- 9- 8- 8-15 Corp., common— $1 9-1 8-21 8-15 (quar.) Drug Co., Dravo East Electric 8-21 1 9-10 Ltd., (quar.) Chemical, Ltd.— Industries Duriron Machine 1 9- $1.50 5 8-10 Common - 9- 8-31 9-30 50c 8-15 Neon, 7-11 $1 1 preferred 8 7-11 9-25 7-30 Electric— of 11- 8-15 8-15 25c (initial quar.) common 1 Co. * 11-16 10c Coal.Ltd. & preference Clearing 25c (quar.) Common 9- 7-31 t5c (quar.) New 8-10 7-17 Eastern $1.06(4 (quar.i 9-15 8-25 9-15 30c •. Tar & 8-15 12'4c (initial Dominion 12-15 17'/2c (quar.) * 50c com, Co Stamping B 40c iquar.) Stores, 9-30 40c ' 9-15 Steel 9- Auto " 8- —4—.— ——___:— Investments, preference Dominion $1 Water ' 8-15 9c —„— (monthly) Co. Dominion $1.25 5% U5c (quar.) 5% \ Cincinnati, New Orleans & Texas Pacific Ry. 5% preferred (quar.) fl7(4c (quar.i___ 1 75c City 4 8-15 15C Fund__. (quar.)_^ Fields Oil Bridge 50c quar.) 50c 8-10 1 $1 (quar.).—. , Corp. Mfg. $1.1214 (quar.) Utilities, 9- Monthly 7-17 25c (quar.) Pacific & series Co. 8-10/ 12- 75c — —: (quar.) Citizens Inc. Dominion-Scottish 9-16 50c Milling Machine, preferred (quar.) Service 3 3 25c (quar.) (quar.) iquar; )?*-:.' Houses, Dominion ■ Cincinnati Cities ' 9- 50c common Extra 50c & > 8 9-30 Cup Co. 12-31 $1.18% Ltd Dixie 7-20 1 40c ! common 7-27 25c Investment 8-14 (quar.) com. Y.) A preferred 8-15 9- 50c (quar.) 8-10 (quar.) (quar.) Telephone Corp., Cab 1 12-15 90c (quar.)_ Corp. (quar.) Funds, Inc.— Diversified Dobbs 50c A Cincinnati Gas Corp., 9- 1 Yellow (s-a)_ (quar.)—. 8-10 10- preferred 4 $2 Fi^u't Corp., class A B preferred Divco $1.19 5% 4 75c (quar.) Giorgio $1.25 (quar.) Service, (N. Island — iquar.) Class 8-20 (quar.)__ (increased Yards preferred 4% 24C Stock Union Dictaphone (quar.) Rock 912- 9- 30c 1st preferred Tramway Corp., 10C $1.433,4 Di for preferred Common 62(4c Trust 8-14 1 Chicago, (quar.) A (quar.) 5% 9-30 10- Interstate Co. debentures 5% 8-14 10-15 45c $1.04 & Southern Inc Estate 9-10 (quar.)_l Unadilla 9-24 Detroit-Michigan Stove Co.— (s-a) Corp. Bank ' ' 8- 12-24 +37'/2c — (quar.)— 7-31 preferred Colorado Corp, common preferred (quar.)__ Fund, Corp. Vermont Public Co. ' 1 9-15 1 8-10 8-15 (quar.) Colorado Borg-Warner Boston Co. West 9-15 8-15 10- 3 $1.05 Storage Utility * 9- 1 $1.25 (reduced)- common pfd. South 7-15 Diversified 5% & ' ' 3 9-29 $1.75 8-13 9-17 8- 87'/2C 1 9-30 $1.12% (quar.) A class Denver „ Co., Public 9- $2 30C common cum. Dodge Foundry ' 9- 7-14 $8 share per 7-22 3 8-21 8-15 50c called issue ' 8- 7 112'4c — 20 at $55 7-17 9- Denver Dominguez 9-15 common & Voting ' 8-15 9-23 11-11 7-20 7-24 (quar.) (Sidney) 4 1. 9-14 30C 8-22 5% 9- r 1 50C 4% 8-24 investment income____— Blumenthal 4 8- 10- Airlines S. 12-11 8-11 40c 7-15 8-15 185c Chicago & Eastern Illinois RR.— 7-31 6-19 12-16 25c 125c (quar.)_ 1 preferred (quar.i Ridge Mutual Fund, Inc.— From 8- 8-22 120c 9-11 1 6 8-17 50c class Manufacturing, 20c 1 8- 1-2-54 (quar.)—. Corp. (quar.) Oil & Dennison dividend preferred 9-30 common Rock Delta-C. 7-20 8- (quar.) Co. Deep 11-14 9-11 (o_uar.)__ Tobacco, 4 8-31 Common 62(4c (quar.) (quar.) (Phila.), 8- 1 — 4(4% preferred (quar.i Chesapeake Corp. of Virginia Chicago Corp., $3 preference Valley Gas & Electric— preferred Blauner's 1 10- 8-10 15c (quar.) (quar.) common Co. 9- 150c 11-30 Collins (quar.) Electric Blackstone 1$1.25 Stock 9- ' 50c Ltd., Co., Inc. 50c 9-11 iquar.)___. Company Daystrom, (quar.) 9-25 Mines, Securities, 4 125c B 25c common Quebec 8- 8-15 (quar.)__^ (quar.) preferred 1 11-14 8.-15 preferred (quar.) Belding Heminway Co. (quar.) Bell & Howell Co., 9- 7- 6 3- ' 7-31 $1.50 (quar.)—i 7-6 8- 4 •8-1 $1.05 _ (quar.) A Leather 8-31 8-20 (quar.i Co. A Class Davis 11-30 1 7% Belleterre 9 9- 8-15 8-15 Corp.— 35c (entire 9-1 & Gossett Curtiss-Wright (quar.)—_______— on 50c preferred & 7-31 iquar.) (quar.) 3%% pfd. (quar.) 4'/2% pfd. (quar.) Clothing, 125c Cochran (quar.) Belden Mfg. Co. (quar.) Belding Corticelli, Ltd., common Bell 8-15 Products— Chenango & 6-11 8-11 9- 9-18 > $3.50 ——_ Press, Inc., 6 31(4c Paper Ltd., cl. A (quar.) Shoe Corp., common (quar.i S.J 4%% Cuneo Curlee 8-6 J4c (Joseph) & Sons Co. Bathurst 8-20 7-31 Class (quar.) (quar.) Corp. preferred 8 4.15'% 50c (quar.)___ Refractories, Inc., common 5%% Co. Central $1.25 (quar.) preferred Works Collieries 9- 9-21 8-15 11214c Central America— Bankers Commercial Corp. Basic 8-10 8- 8-10 t50c (quar.)— preferred 8% Forster, $3214c iquar.) — .(quar.)' Central 8-10 7-10 25c convertible Bancroft (s-a)_ (quar.) (quar.) Automotive Ayshire of Co. 8-19 50c — & (quar.) Cleveland (quar.) Co., common Canteen Common 1 1 9- 8-14 35c Crystal Oil Refining Corp., $6 pfd. (accum.) Cuban-American Sugar Co., 7% pfd. (quar.) (quar.) $1.25 Ry. Co. Plywood Corp.— convertible preferred Gold Mines, Ltd._! Automatic Crum B Stock Co.— Conn, $1.25 Aunor Crown 7-31 $1.12(4 $1.12(4 $1.31(4 ___ Line Atlas 30%* 30c $1.50 Line Coast Atlantic Refining (quar.)— com. (quar.) Charlotte Air & U5c J56%c tl5c (ouar.) Atlantic 7-31 8-15 Ltd. Co., $7 A 4.20% 7 f$1.12(4 (quar.) • 8-15 3214c Seal preferred (accum.)— Zellerbach Corp., $4.20 pfd. Co., 8-15 Claude Argus Corp., Ltd., common (quar.) 4(4% convertible preferred (quar.j 5.25% 33'/2c Co.— — common Central 8-25 1 8-25 25c Cuba 8-31 Class Power— preferred (quar.) ______—________ preferred (series with s. f.) (quar.) Oil Corp. (quar.) 4.50% Associated 8- 9-15 8-14 9- Corp.— 7-31 11214c City (final) 4(4% Argo Food Intel national UOc Ltd. Corp. Caterpillar Tractor Co., Ltd.— Co., Ordinary Amer. deposit receipts Anheuser-Busch, Inc. (quar.) Appalachian (quar.j 8-31 75c 1 $2.50 (s-a) (quar.)____— Class 7-22 pfd. 8-15 A (quar.) 4% 1 Foundries 1 Shoe,. 5% 33c Class A 8-21 8- 8-28 9- 6%% receipts ord. (final)— Fund, Inc._____l_— deposit Cork Class Co.— (reduc ed) Steel Craddock-Terry Forgings, Ltd.— Aug. this dividend) plus Catelli New preferred & 7-31 Investment Crown Cork & •_— preferred Chicago Metal Co., Ltd.— preferred (quar.j 9-24 9-10 $1.25 7-31 iquar.i Paper Corp., redemption 9-1 9-25 U7'/2C 8-15 . Co. preferred Class 1 9-10 ' > 10-15 25c quar.)_ 3314c . (quar.) Class 10- 1 20% — — (quar.)—_ Foundry (quar.) A 4 55c 1 9- m.25 — dividend) 7-31 —___— 7-31 9- 1 9- 1 9- U2'/ac common— 8-15 Dredge & Dock, Ltd. (s_a)__. Canadian Oil Cos., Ltd. (quar.) Canadian Utilities, Ltd., 5% pfd. (quar.) American 4%% & Class N. J.j—■ — American Screw, 8-15 American 115c Power Common 9- 1 9- 9-10 9-10 1 25c 2714 c 1— (quar.) C common Central 75c 75c — preferred American Chain — (quar.) preferred non-cum. Counselors Crown Canadian Foundry (quar.) Common 8-15 4.75% _—— dividend Common 7-13 1 3714 c ______— in¬ from (quar. . (quar.)V. Common 4 1S1.25 8-15 Co., Note (quar.)_ (quar.) Co. (initial 9- Ltd.— 8- 9- Safeway Ltd., 5% 1st pfd. (quar.) 5% 2nd preferred (quar.)__ Canadian Breweries, Ltd. (final) Canadian Car & Foundry Co., Ltd.—- 35c Bank Courtaulds, $1 Canada 7-17 American (quar.) pfd. conv. (quar.)——— Corp. (stock common 15c __ Ltd., Co., Box ' 4 8-15 9-10 30c (quar.) Cosmopolitan Realtv Co iquar.iImperial Mills Ltd. (quar.)— 8-28 8-20 Insurance Paper 9- ' 1 $1.31% (quar.) com. Cosmos 9-18 75c pfd. Automobile 7-31 9-15 3'/2c 6% Leather Cos., Airlines, 3'/2% 8-15 10-26 9- 1 10-1 10- 1 —-— American 7-31 7-31 Class — American 1 Corp., — iquar.)—_—— Petroleum New 1 115c 50c 25c Amalgamated (quar.i 7-31 8-15 9- A preferred 5% Cosden Co.— (quar.) 8-7 8-7 7-3) 9-15 8-15 8-15 9- 2 9-2 preferred (quar.) 5(4% 2nd redeemable preferred-. Ltd. 8-14 13714c Ltd.— 4% Aluminium, 8-15 (quar.)_ A 9-1 9- 1 9- 5 10- 1 9- 1 — of Canada, preferred Paperboard Products Co. Corrugated 9- (quar.)__ (quar.) Cannon & Nortnern f25c t$1.32 f50c 75c 87'/2c Aluminum Co. $5.25 3 9-10 31c Corp.__ Foundries Class Canada 93%c common 8- 1 8-25 3714c common Corp. 9- 15c __ —-— .____ (quar.j Electric 25c (quar.) Ltd., 7-31 preferred Cornell-Dub.lier Cornell $1.1214 Quarterly _t— _____ CanadaICement Co., Ltd., $1.30 pref. 8-15 'MO 8-13 9-10 6% _________ 8-13 9- 75c _________ (quar.) 8-18 7-15 1 9-14 50c — 8-15 Altes iquar.i preferred 1 (quar.) preferred series G 9-10 8- 5 9-10 10- 1 Aluminum Co. of America, preferred 6%, 1 iquar.i. series Wyant 52 (quar.j Co. 5% 8 9- 9-15 62 %c 0 10- 9- 9- U5c (quar.) common 10- 3c conv. 50c 5c 40c i Co., 10-29 20c conv. 8-15 Portland Cement Brewing Co.— Steel (quar.)— A (quar.)___„__ class 8-12 20c Fibre Ltd., Co., 9-15 9-30 31 %c (quar.)—____—___—— Diamond 10-29 37 Vac — 5.36% / 30c Extra preferred 1 15c — conv. —- Alpha Copperweld ________— 5.20% 5.28% Campbell, ' (quar.i 7-30 25c preferred series D (quar.) preferred series E (quar.) preferred series F (quar.) 50c SI.09% 14c Steel 6 — Power, preferred Allegheny-Ludium Steel, common, (quar.i— $4,37V2 preferred (quar,):— Allied Control Co., Inc., 7V pfd. (s-aj Cast 8- (quar.)_____—__ Service Water 25c Alloy Cooksville 5% 1 10- . California Business Machines, Inc. (quar.j (R. C.j 9-24 50c —_______ Timber & Packing 10- 1 9- 1 9-1 10- 1 10- 1 10- 1 9-1 9-30 9-15 8-17 Allen 1 10- ■ 9-10 8-20 9-10 7-31 7-24 8-21 8- 7 —~ 6-30 95c (quar.)'___ Electric California 10-1 9-15 10- 1 9- 1 8-14 9-11 8-21 ____—~ 3 93%c — — $50c ... common Jackson tl 2 '/2 c f$1.25 +30c + 10c 10c 15c 25c —— .__--- 8- 10- iquar.i 8-25 9-15 $1.06% 2nd Common Mining & Concentrat¬ Machine & California 8-21 $2.50 iquar.) 20c 3'/2 % prior preferred (quar.j ——___87'/2c Alabama Power Co., 4.20V preferred (quar.) $1.05 4.60V preferred (quar.j-——_ $1.15 Alabama & Vicksburg Ry. is-al $3 preferred (s-aj Alabama Gas Corp., common tlOc _-— (quar.) preferred 9-15 RR. Youngstown 5% 4 — 1 quar.i__~ Calaveras Land Ltd.— (quar.j- preferred 8- ;—— & Sullivan Brothers, 30c (s-aj— 1 Co., Inc., common (quar.)_ preferred (quar.) — preferred '(quar.) Continental Copper & Steel Industries, Inc.— $4.25 Holdert Payable of Rec 60c $3.75 Continental (quar.) Die 4(4% Payable 0/ Rec. Share Name of Company 5% Co. Inc. Co. Butler Holdert When 9- J 25c Ltd Products, Burroughs Corp. (quar.)—.____ Burry Biscuit Corp., $1.25 preferred preceding table. ABC Rubber 5.30%conv. Per 8 Co, preference Bunker Hill give the dividends announced we A Bullock's, 7-21 8-14 9-11 9-11 8-14 8-31 1 9- Share Company Can $50c Class 7-21 10-1 10- 1 9-15 Gas preferred (quar.)__ Brockvvay Motor Co., common oi „ 8-1 8-1 • Forest $3.80 ing $1' $1 10c 25c 56%C 75c 8- 9-21 ______________—- Brockton Taunton 8-14 9- 1 8-15 Continental Ltd.— (quar.) Columbia (quar.) Co._ Cordage Co., A 8-14 — When Per Name of 8-25 50c preferred $2.75 Bearing Holdert Payable o; Rec 20c 68 %c Rubber Co & Hose Inc., Roller Brantford in previous and not yet paid. The list does not include divi¬ announced this week, these being given in the Below Woven Boston 9-15 8-14 8-31 10-15 10-15 8-31 9-15 31'/4C — Wrisley i Allen B.i Co.— 4'/? preferred 1st series (quar.i _——. 4% -preferred 2nd series tquar.) .a—— Wyandotte Worsted Co. (quar.i— York 25c 40c 50c 95c 5'r i iquar.i__ com. tquar.) Public Service Wisconsin 5% 9-15 iquar.)__ preferred B <quar,)_.& 3.80V Wood 35c — Air Brake Co, Electric Corp., Share Name of Company Payable of Rec. 9-15 9-15 9-1 9- 1 10- 1 9-10 9-19 11- 1 11- 1 Corp.. Sugar Westinghouse Westinghouse When Per Holdert When Per Share Name of Company Monday, August 3, 1953 ... 12-18 12- 4 75c 10- 1 8-28 Co.— iquar.i $1.1214 9- 1 8-14 i Volume 178 Number 5243 .The Commercial and Financial Chronicle .. (429) Per Name of Company, Pitzsimmons Stores, 5% cum. 5% partic. class A non-cumulative (increased Stores, Inc. quar.) class Income International 8-20 International Resistance Co. 9- 1 Interstate (quar.) 8- 1 Intertype 8- 7 Investment 8-15 y8- 3 8-15 y8- 3 50c 9- 1 Gardner Denver Co., common (quar.) Baking Co., $8 pfd. (quar.) Cigar Co., common (quar.) preferred (quar.) 9-10 8-15 8- 8-17 8- 50c 9- $2 10- 25c 3 1 9-15 $1.75 9- 1 General General Foods General Metals General Outdoor 6% Corp. preferred General (s-a) 11-25 income net Special from General from Steel 2 9-15 preferred Rubber Goodall Sanford Co., (quar.:) (quar.) Co., $2.25 3 'A % preferred 3'A% « 8-15 4 9-18 8- 1 Common 9-25 9-10 8-15 8-25 8- 3 56'AC 8-17 8- 5% 11-25 8-27 3 25c 9-10 8-14 8- class Income Greer Hydraulics, Life Gulf Mobile ~ & Common $5 income Oil Stock Hallnor Mines, Ltd. _ _ Class Oil Class B $4.25 Harris (quar.) Hazeltine Corp.- Hercules Powder Hercules Products Steel 11-14 11- r •"* 5% ' preferred 9- 1 9- 1 Higbie Mfg. Stock Hilton 8-14 9-11 [ L 9- 1 4% Hires convertible 11- 1 Mfg. Hooker Co. Co. Electrochemical $4.25 - preferred B preferred Hormel •i 6 %. . Horn & Hardart Household 3%% 4% (N. 9- 8-20 1 9-15 10- 1 9- preferred , 8-15 8- Hudson 9- Hudson Pulp & Paper (Tom).,Peanut 9-15 6 % : -preferred (q uar.) 5% , Idaho Power Illinois 6% ; (s-a) 4 Miles 9- 4 10-15 10- 8 Minneapolis Gas Co Minneapolis-Moline Co., 8 $5.50 1st $1.50 convertible 1-15-54 1- 8 Minute 9-15 8-25 9- 8-14 1 9-25 $20c Imperial Life Toronto Imperial .. Tobacco Ireland Monroe (quar.)* $2.50 — 12-30 12-24 Monsanto 40c 9- 5 8-14 9- 1 8- 9-25 35c 9- • of (quar.)— 9-10 Company, — Inspiration Consolidated Institutional Extension University B and Name ary 7-24 10-10 A 9-28 Shops, Inc. & Sons Co., com. 7% preferred <■ Airlines, 9- 1 9- 8- 1 3 8- 1 9- 9- 2 7-25 $1.25 60c 8-15 9- 1 10-15 10-15 Life Life 7-25 common 9- 1 62V2c 9- 9-30 9-8 Liquid 9-30 10-15 CO 1 3Vu % 9- 1 National Distillers 12-31 12-18 8-10- 9-15 9- 1 75c 8-15 8- 1 * , ,8-14 Co. 9- 1 8-14 32c 9-1 8-14 8-31 8-14 8-31, Life 11- 5 1 7-31 8- 3 7-15 1 7 9- 8-15 National N. Y. New 8-17 8- 7-31 8-15 9- 15c 7-27 1 RR., Class B 30c 8-15 9- 1 8- 5 8-15 Local (quar.) 55c 9- 8-21 3 40c 9- 1 8- $1 Lock (R. Joint 9- 1 3 10-24 25c 11- 1 60c 9- 1 8- 35C 9- 1 9- 1 8-14 4 9-10 8-20i 12-10 11-19 3-10-54 50c 9-10 50c 2-18 12-10 80c 3-10-54 s 9- $37'Ac 2-18 8- 1 9- 1 8- 5 (quar.) 11'Ac 9- 1 8- 3 (monthly) $1 7-31 7-21 $1 8-31 8-21 $1 Pipe Co., common (monthly) 9-30 9-19 — (monthly) 25c 9- 1 8-20 8- 8- 0 3 (quar.) (quar.). Lone Star Gas Co., (Mo.) (Initial) 9-10 7-29 $30c 9- 1 8-20 $37 %c 9- 1 8-20 Louisiana 7-31 Louisville Henderson & St. Louis Ry,— 5% preferred < s-a 1 1 Coal Lorain 8'/2% $1.25 $3 50c 9- 1 1-2-54 9-23 129- 3 4 5% 5% & Dock, preferred preferred Louisville Land 8-14 8-21 9- 1 38c 9- 1 10- 8-. 3 8-10 (quar.)_ (quar.). Exploration Co. (quar.) — j 1 9-19 62'AC preferred 1-1-54 12-19 4-1-54 62'AC 3-20 9- 9-15 50c Nashville Inc. RR. Steel Co., 8- 8-15 $2.50 Lyon prof¬ 30c 5% 9- 1 8- 1 Lynch Corp.— 9-11 7-31 8-15 8- 8-15 7-31 8-15 7-31 5 9-10 8-19 preferred j (quar.) $1.75 9- 1 -8-5 Magnavox Company Co., $5 (quar.)_„ (quar.) Mines, & non-cum. Gas, — pfd. common adj. 9-11 8-15 8-15 7-31 8-20 7-20 $2.50 933Ac (quar.)__ North Shore 10- 1 8-28 8- 7 7-17 10- 1 8-28 9- 1 8-1* 7-17 8-15 10- 1 9- Dry Dock Co. 1 10- 1 9- * 10- 1 9- 50c 9- 1 15c 9-15 9- 9-1 8-1* $1 8-1* 37 %c ; 9-15 8-1* 75c (quar.) 9-10 8-15 7-10 25c 8-10 $8c 9-30 9- Co. Oil Co. 25c 9-10 8-20 85c 9- 1 8-15 25c 8-14 8- 7 (quar.) (quar.)._ (Hartford) (s-a) 1 Co.— $4 prior, preferred preferred $1 8-1* 9-1 8-1* COc 9-14 8- $1.50 8-14 7-31 $$1 ——_— 9- 1 $1 (quar.)______ (s-a) Northern Liberties Northern 4% Flour Ohio Edison Lumber Co. — (quar.) (quar.) Mills, Co., Ltd., 4.56% Natural 4.92% preferred 43A% (s-a)_™__^ 9- 3 8-17 Gas preferred 7% pfd. pfd. (quar.)__ (quar.) Co., com. preferred , Falls Corp., common (quar.) preferred (quar.) 2nd convertible preferred (quar.) Outboalrd Marine & Oxford Brewing Can 6% 8-14 Co. Co. Gas & (quar.)__ 8-1* 7-31 30c 8-15 8-15 7-31 8-15 7-31 8-31 8-21 9-30 9-18 25c $1.12'/2 9-30 9- 1 9- $20c $$1.75 8-15 8-15 7-15 20c $1.12'/2 37'/2c 8-10 10- 1 9- 1 9-15 9 8-11 7-15 7-27 8-1* 40c 8-25 8- * 9- 1 8-15 9-10 8-20 9-30 9-15 8-15 8-15 8-15 8-15 8-15 7-27 Co.— (quar.) preferred (qx-.ar.) 1st 8-17 5% redeemable 1st preferred 6-25 5% redeemable 1st preferred A preferred 1 15c (quar.) Electric 9- 25c (quar.) preferred 5'/2% 8- $1.14 $1.25 Manufacturing Co. Paper, $5 preferred Pabst 1 $1 Omar, Inc., common (quar.)___ 4'/2% convertible preferred (quar.)_ 5% 9- 20c (quar.) A » $$1.75 6l'/2c 593/sC (quar.)— (quar.)___ (quar.)— Olin Industries, common 4% 31 Utilities, Ltd.— preference Ogilvie Gas Redwood Northwestern Pacific 9-15 1 Ltd.— Corp., Northeastern Water 8-25 ... * $$1 Texas Gas * $1.12'/2 pfd. series A (quar.) Northeastern Insurance Co. 10-15 .8-27 7-31 $1.12'/2 5% 50C * 9-22 47'Ac Ltd Mining Central 1 8-25 25c 9- 9-11 is-a) (quar.) (quar.) (quar.) (quar.)— < 12- * (quar.) (quar.) Ry. Co., com. preferred (quar.) North 9-10 25C Co. Madison Square Garden Corp..—— *. 11- 62'Ac Corp. 1 9-30 $1.50 Norfolk & Western Pacific Metal Products— Mackintosh-Hemphill 10- 1-2-54 60c 1 25C Extra "(quar.)!1 17c from ordin¬ 8-11 8-17 10-20 30c Oswego 4'/2% $1 (quar.) common 1 37'/2c Ontario Steel Products Co., Ltd., com. (quar.) 7% preferred (quar.) 12'Ac (quar.) (quar.) 9- 9-15 10-30 15c 1 50C & Stores, $5c 50c Oklahoma 8 9-15 9- 62'AC 5% (quar.) & 9-21 25c (quar.)— 9-18 5c 50c 12-22 $1.42% Long-Bell Lumber Corp. (Md.),cl. A (accum.) 1 & 10- 35c (quar.) preferred Long-Bell Lumber Co. 10- 1' « common convertible 4.75% 1 1-2-54 $1 < ' 5 $37'Ac I.), preferred 8-11 $5c 8-20 11-13 9-15 9-30 10% $2 .... Co.,-Ltd., class A (quar.) (quar.) <quar.)__ preferred Normetal O 8-10 8-31 25c Newport News Shipbuilding & Share Corp. (quar.) 4% $1.10 (quar.) (quar.) (quar.) 10-15 8-14 87'Ac (quar.) original preferred Dock preferred Noranda 1 10-15 $1.06'A (quar.)__ (quar.) preferred 4'/2% 9- 7-3* 8- 10- 5 75c Co. State Electric $4.50 8-14 Corp.— 8-12 (Fort Co. — preferred York 8-lfr 8-1* 8-22 50c (quar.) A ' 3 8-10t $1.75 dividend preferred Y. 8- 8-31 10-15 50c (quar.) Ltd., class A Nopco Chemical Co., 4% (quar.) 8% N. 8-2* Chicago & St. Louis Ry.— Common New (quar.) (quar.) Niagara (quar.) (quar.) Finance York 8-10- ' 9-1 • 15c Machinery Co Co., common (quar.) Central RR. Stock 8-31 * security Co._ preferred 334% 8-28 (quar.) Loblaw Groceterias 8-14 1. Rubber Meter $2.40 7-31 9-15 Radiator Neptune 8-14 8-17 lc ——1 11-15 1 1 9-10 37'/2c (quar.)— National 9- 9- - 8-10 -50« Welding Machine 1 9-10 Insurance guaranteed guaranteed guaranteed Special Electric 5 $1.10 Special (quar.) preferred 9- 9- 9- 1 $2.50 Inc. Products 8- 1 1 9- $$1.19 common 9-15 $1.10 Special Canada, — 4'/2% 10- 50c Register Co. 8-15 9- t25c t$1.25 pfd. (quar.) 2c Fibres, National Hosiery Mills, Class A (quar.) 9-15 10c quar.).— Original Original 1 $3 (quar.) Common 12-13 12-31 50c Carbonic Corp., common preferred (quar.) 9- / . 8-10 20c (quar.)____ Co., 9-13 30c (quar.) Indiana) Miami Little c- ' 8-2Y 1 96'Ac (quar.) (quar.) (quar.) 9-30 (quar.) Co. Virginia Tobacco National Link-Belt 9-30 10-15 of Corp. Myers Wayne, 9-30 $1 & Lincoln 8-11 $1.10 Savers Liggett Biscuit preferred Cash $2c income. Glass Co. Insurance 7-20 common 7% National 6% (increased Libby & Libbey-Owens-Ford 8-15 34%c (quar.) Inc. 9-15 50c (quar.) investment net McNeil 50c Britain National 3 Co. 9-30 8-14 CO Common j. 11-15 (quar.) Automotive Lexington Trust Fund Shares— to (quar.) 12-15 15c National +20c (quar.) Ltd..——— Mines, Co. Common (quar.) Co.— 9-10 9-15 profits 8-15 40c 8-14 From Co. 50c (quar.) 1 Libby (G.* C.) 1 96'AC 9- 8-14 _ : 9-15 1 1 J50c Mutual Investment Fund, Inc.— 13c from net Income and 2c from 25c . (quar.) (quar.) Cement Co. Portland Gold Salt Lukens Harvester 1 1010- j. Murphy National (quar.) Leslie $1 International 10- $1.25 (quar.) 9- 15c ——:— (M'o.) Leitch 9-19 ___ • Co. Acme 15c — Co. 7-15 12-19 —— 9-19 J31V4C Extra r , .. Diablo National 15c — 8-14 1 B 8-15 15C 3 Group Shares its) 8-13 1 $1.15 _ (s-a) Co., 1 $40c (quar.) preferred 9-30 International Business Machines (quar.) (accum.) I series C National quarterly Secord Candy 12-30 from security Chemical preference Mount , 7-31 8-14 $$1.75 class 1 50c Copper Co 13c pfd. (quar.) 9- 75c ■ (James) Lucky Income!and 1 10- (5 Society $1.25 •. Quarterly Lehigh 10-15 $1 — Inc., 9-15 1 8-10 10c (quar.) Machine Laura Lees Bond Fund Ltd. 25c Increased Shares, Ltd.— changed Foundation preferred 7% Co., Ltd. 50c B (quar.) Bleachery & Dye Works— Extra llr 10c (quar.) (quar.)__j_ (quar.) A .10-1 $1.75 (quar.) (Alfred), 8-10 1 $1.50 — National preferred 9- 40c " Stock 9- 15c 4% preferred (quar.) Morgan (Henry) & Co., Ltd., 5% 43/4% preferred (quar.) Morgan (J. P.) & Co. (<juar.) Mortor Products Corp. (quar.), 9-24 (quar.) 8- $37 %C Ingersoll-Rand Co., common .,6% preferred .(s-a)— 3 10c participating preference (quar.) Moore Corp., Ltd., common (quar.) 12-23 — preferred (quar.) Apparel, Inc. (quar.) $1.25 Imperial Varnish & Color, Ltd., .Convertible participating pfd. 3 8- $3 8-14 1 9-30 12-30 2nd Salle 9- 75c (quar.) (quar.)__ common preferred 1st A $1.12'A $1.12'A Mfg., 4»/2% preferred preferred A (quar.) $1.25 Great 3 8- Monterey Oil Co. (quar.) Moody's Investors Service— 8-10 4 & preferred $3.85 7 8- 8-15 8-15 8-18 —! L__:.™_r_™-™_- i Loan 5'/2% 8-15 37V2C (initial) common 4.60% (Robert), 7-31 40c $1.37Va (quar.)_ 8-15 12%c ..— Co. (interim Power, (J. 8-15 7-2* (quar.) preferred ; 7-31 8-10 Co.— Mitchell (quar.) 9- 8-15 . — of common 8-14 (quar.) S.) 9-12" 9-10 31 ?Ac Co. Mississippi 9-11 6c (quar.) . 7-31 283/4c 2nd Corp., Glass 1 1 8-14 8-25 7-15 $1 (quar.) ^Assurance (quar.) Maid preferred 1010- 50c 50c 31 »/2C (s-a) 4% Mitchell Fund 8% preferred preferred Mississippi 8-31 50c 25c 9- 8 9-12 15c 3 933Ac ...Cq;:™-™^-l—11—:_™____ Zinc <quar.)__ Co Laboratories (monthly) 9-19 Creamery Co., 60c pfd. (quar.) (S. S.) Co. (quar.) (S. H.) & Co. (quar.)—_— ——- common preferred (quar.) 1- 9-12 10-1 $2 Piping 4- 8-1* 1 9- *- 8- Central RR. non-cum. Illinois . Co., Co. 1 10- 1 Class • common non-cum. (quar.) 8-1* 9- 75c (quar.) 10- 8-14 9-25 (quar;) —— $2 Midwest common 9-12 10c (quar.) Co., 7-28 8-21 t$1.75 8-21 12'/2c (quar..) preferred preferred Midvale Co. Products 7 8-1* 25c Abrasive 8- 9-14 9-12 (quar.) 7-25 62'/2c —_ (quar.)- Huttig Sash & Door Co., 8% 8-14 * Huston Extra 12-15 1-15-541 15c 20c 75c preferred Class 3 ____ (quae.) A 1 Co 7% Lanett 2 _ ; B-(<qUg r .)i_ ^preference (quar.)__— preference 4 Products 8-15 1 9- — (quar.) 5.12%' preferred ,5% 910- 1-2-54 Tube 8-31 9-10 8- class A (quar. 5%- preferred series A (quar.) Foods,- 5 9- Steel 55c 8-15 8-28 Common Hunt Mickelberry's Food Products Co. Mid-Continent Petroleum Corp. (quar.) 1 ' 8-28 9- 9- $1.50 Corp.^— > 9- 9- 9-15 9- * 4 9-25 ,(quar.^™_____r™— Bay Mining & Smelting Michigan 9-10 Corp 9-23 15c 8-13 1 Class 3 9-15 „ 50c — pfd. :(quar.) iquah)___ 50c 8-12 9-1" $1.25 (quar.) Rubber Co. 15c (5quar.)_ fquar.)__'_ preferred ,.4.40%,, preferred , O Miami Copper Co Michigan Bumper 8-31 1 7% 1 $1.05 common 3 9-19 (quar.)——. common 50c corh.^Vquafv) Y.),-5% 9- 3 10- Lambert 9-18 $1.06'A Corp.,; 10- 17'Ac 2% (quarl) XX'-X Finance $1.111/4 (quar.)_, $87'Ac (quar.) 30c (quar.) common a $37'Ac Co 40c & Co., 9- preferred 10- 3.85% (quar.) . 10- 4.45% t$1.75 15c (quar;f (George A.) preferred A $i.083/4 4.35% 8-12 t22'/2c 75C (quar,). Co.; (quar.) 10-20 3 (quar.) 31c (quar.)___ $4.20 3 preferred 1 8-31 82c Wire Co. B.) Common 7-24 53 %c (quar.) (quar.)_____li_^'_— • 9- 9-11 Lake Superior 1-20 8-14 5C . _ (Charlqs E.) Hobart 9- net Bank (Brooklyn) (s-a)_ District Power Co., com. (quar.) 5% preferred (quar.) Lake of the Woods Milling, Ltd.— 10-20 2-1-54 $1.25 common— preferred 9- 10- preferred A Landis common 1010- 97y2c 7% La 8-14 25C common.— Corp., 95c 96'/4c (quar.) 8-28 Lafayette 8-31 25c dividend Hotels (quar.) (quar.) preferred 7-31 7% 8-31 25C (quar.)'_ 1 _Z'-S-1 B Co., preferred preferred 25c from 1 3.80% investment 38c 8-1* 9-11 L'Aiglon 8-14 9-11 • 40c Corp. t(quar.) Co., of 7-17 1 ' 8-20 6% 9-18 $1.37% pfd/ (quafi)'-l. 4'A %, preferred series A special a 1 9- 45c $l.i83/4 3.85% Missouri-Kansas-Texas, net 8- (quar.) 3.90% Funds— from 8- 10-20 1 9-25 — 8-15 8-28 11- 37'Ac (interim) * 7-31 10-19 11- $1.18% Ltd. * 8- 2 Midland Steel (quar.) 8- 1 8-15 9-11 • Mid-West 37'Ac 1 9- 15c Corp., common preferred A (quar.) Metropolitan Edison Co.— 8 9- (quar.) 43/4% 8-14 (quar.) 40c 37!/2c 8c Kroger Hershey Chocolate Corp.— Hey wood-Wakefield 9- 7-31 25C 4>/2% 5 9-30 $1.37% -- Co., ..5%? Mines, Co., (I. Kroehler 5 50c (quar.)—— Cement -.(quar.)---—— Hercules 8- $1.06'A Inc. 9-21 11- Co. 1 1 (quar.) Melville Shoe 8-14 — Lighting (GR) Kress 8-10 50c (quar.) •• 1 8-15 10c (quar.) Bakeries, 7-16 Frank 9-15 9- (quar.) Kresge 8-10 9- 10c „—__ (quarl)—_—_ (A.) & Co., 5Vz-% pfd.-'(quar.i-F; preferred (quar.) Shaffner & Marx (quar.) Hathaway 7-16 8-15 & 8-14 gains) Koehring Co. 8-31 20c Cor (quar.7H±— A 8-15 Meier Telephone 1 prior preferred Kleinert 7-24 1 $$1.25 X 5 'A % Hart, 9- $$1.25 — __ preferred 8-14 135c common---™--- Co., class A A.) and Knickerbocker 8-27 9-15 $12'/2C (quar.) (quar.)'__™_l__:_:-——_i B Hanna "(M. 9-10 $5c _— class 8-25 8-1* 9-30 $50c $1.06J/4 Ltd. Corp., common (quar.) 4'/4% preferred (quar.) 7-24 8-31 8-28 62'/2c Mines, Knudsen (quar.) Co.. 2-20 45c Manufacturing Hancock 11-25 3-12-54 $5 Co.— Ltd: ' (quar.) -1^11— 5 % 7preferred" (quar.) - Hamilton 12-15 $1.25 8-14 (quar.) $1.25 44c Keystone Steel & 8-25 100% _ ot Kings County 8-25 9-14 $1.25 X'L'X. Cementing Bridge1.Co., preferred 7-15 9-14 Mead 1 25c preferred 1 — common (quar.) Extra $2.50 1 (increased quar.) Keystone Pipe & Supply Co., $5 pfd. 8-14 3 Kinney . Hamilton Cotton...Ltd.> 5 1 8- $1.25 _______ (initial) dividend Hamilton 9- 12'/a c quar.) 50c Well New. common 7-31 Co.— (quar.) $5 < Halliburton 8-15 9-15 10- 25c (quar.)_ Gold (Regular 1 10c (initial RR. (quar.)™ preferred (quar.) preferred (quar.) $5 / (quar.) Co. Ohio preferred .. . Inc. Insurance $12'/2C Mclntyre Porcupine Preferred Stock Fund series "K-l." realized ; ____ 8-14 9- (s-a) preferred Kerr-Addison Ltd.— A ~(quar„)i Gulf preferred 43/4% ' 50c 8-14 1 37'Ac 4-15-54 Kentucky Utilities Co., 8-18 35c 8-14 1 40c < Keystone Custodian . 1 9- 9- (quar.) 35c common 9- 25c (quar.) (quar.) Common $3 $1 Kentucky Stone Co., common 8-14 series) (quar.) preference (quar.) 9- 95c — 8-14 Co., Corp., $1.12% Extra 1 12-15 Maytag McCord 87'Ac 1 25C 8-1* 7 8-14 87'Ac 9- $25c 7-15 8-28 8- 1 (quar.) S- $25c 8- 1 9- (quar.) Kelvinator of Canada, Ltd. 3 - (quar.)_i_____ , (quar.) preferred 9- 8-1* 75c 50c 9- Light (quar.) common 8-15 8- 1 8-1* 9- 62'AC (quar.)— $1 Great Lakes Dredge & Dock ..(quar,)j; Great Southern. Box. (quar.)__ Great West Coal Co., Co. 1 9-15 8-1* 9- 933/4c 5% Dept.) (quar.) 75c (quar.) Inc., Stores, preferred Kawneer 5 10- 9- 933/4c 32'AC (quar.) preferred 9- 15c ; , & preferred preferred 9- 10c common, Grayson-Robinson 7-17 Corp. Power Kellogg Co., Inc.,. 4% *pfd. <(quar.) (quar.) 4% 8-15 $1.75 85c (quar.)_ (1947 2c Vegetable Parchment Co. 50c _ (quar.) , 3.80% 4.50% 1 O 8-1* preferred 35c (quar.) 56c ___ common 7-17 9-18 (quar.) 8- 9- 45c preferred 40c (quar.) Chemical, com. (quar.) (subject to the approval of California 9-18 (quar.) 11- 1 $3.75 93 %c — common & preferred 1 10- $25c . Employees. Insurance Co. (quar.) Grafton & Co., Ltd.,. class-A (quar.) Class A^ (quar.) Union 9-30 $1.50 Co. preferred 8-15 30c (quar.) Government i 5% Kalamazoo (quar.), Goodall Grand 7-17 9- $3.75 3c Kansas City 5c (quar.) Gillette Co., common Globe-Wernicke Co., 6% 8-15 8-27 9-15 12- 10-19 40c — (quar.)——: Johnson, Aluminum the 35c preferred 50c $1.06Va $1.06^* 10-19 35c (quar.) common preferred Kaiser (quar.) 8-20 ll-lO 1 2 50c — Extra of out (quar.) Johnson Ranch Royalty, common 9-30 common 12- 2 15C 11- 9-15 Corp., 8-20 9-10 9-10 5c 11- Meadville 11-16 1 30c 11- $1.25 Johnson 10- 8-1* 7-27 (quar.) preferred (quar.) (quar.) May Department Stores Co., common 97'Ac (quar.) Co., Chemical 93 %c 1 Jewel & 9-10 8- 3 (s-a) preferred $1.05 .— Tea 50c 2.50 convertible 4V4 % 35c — — (quar.) 1 a payment substan¬ income received from Wares Corp: Extra Stock dividend Ltd., common General Telephone Co. of Pennsylvania— : $2.25 preferred (quar. ) ; 7% Jervis 8-10 41/i% 45c (quar.) (quar.) 8-10 56'Ac subsidiaries). Castings Corp.,. com. Steel Com. A 8- 50c payment a domestic net Gas 8-15 4 9-14 quar.) Holder* Payable of Rec. 10% Realization Mathieson 1 Knitting Mills, Inc.— preferred (increased (accum.) dividend $3.40 (quar.) 8-14 $1.50 (quar.) subsidiaries) $6 preferred . 11-10 Co. 9- (representing tially Philippine General 5% 9-15 10-15 Stock When share Co. Refrigerating Co.— preferred Mar-Tex 8-15 9- & 25C Service Jacksonville 8-31 9-15 10-15 R.) $7%C iquar.j (quar.)——— 8-14 11-10 (P. Manning Maxwell & Moore, Inc. 8-13 Island— preferred 3%% common (Quarterly representing Rhode $1.50 4'A% preferred 1st series (quar.) General Public Utilities Corp.— * of Co. 8% 10-14 $75c (quar.) preferred Jack & 1 2 $75c (s-a) com., preferred (quar.) Heintz, Inc., 4% preferred 8-14 911- 10c Ltd., Co., common (quar.) 3.75% 4.20% 4 35c (quar.) 60c ! •" Trust 3.90% 8- 8-14 1 35c (quar.)__ com. 60c (quar.) Package Co., 11-25 $1 1 (s-a) Advertising— (quar.) preferred 6% 25c (quar.) Corp. 3 8-12 9-17 jantzen (s-a) preferred Public Iowa Mallory Manhattan 8-15 9- 5c Corp.. Iowa-Illinois Gas & Electric 5 Per Name of Company 8-31 35c 42.50 preferred Participating 8-20 35c Corp.. preferred Foundation, conv. Holder« 9-21 $1.25 (quar.) Corp. Investors 8-15 56'Ac pfd. (quar.) Utilities Engineering 8-15' 25c „ (accum.) convertible 8-15 37 >/2c (increased) Finance Corp.— preferred series A preferred series C $1.40 6% General 4% 7 $2.50 (quar.) Industries, Inc., 4'A% International 7-16 17'/2o (s-a) General 5% 8-20 8- 8-27 (quar.) Payable of Reo. Rys. of Central America— preferred 8-28 6c Co. Gamewell Co. 7% 8-20 1 5% Series Gar Wood 1 9c (Robert) Corp. 9- ile dividend) Series Freeport Sulphur Co. Gair Products 9- 5% When Share 25c B 37 '/2c (stock Foster & Kleiser Co. (quar.) Foundation Investment Co., $5 pfd. Franklin Custodian Funds— Bond Per Name of Company 25c participating quarterly) 6% preferred (quar.) Formula Fund Boston Fair Holdera Payable of Rec. International (increased Food When Share Ltd.— 4f> 37'Ac 34%c 31'Ac 31'Ac 31'Ac 7-27 7-27 7-27; 7-27 1 > t Commercial and Financial Chronicle The Mills Pacific (quar.)—_ Corp. Lighting Pacific Western 75c 4% preferred Chemical Class B preferred Peck, 227aC (s-a) 8-12 8-26 8-12 Scullin 834C 8-14 7-31 Scythes Steel 5% 3 & 10-16 7-24 91V4C 9- 1 8-14 $1.07% 9- 1 8-14 10- 1 9-19 10- 1 9-19 Tyer 9-11 Union Carbide Union Electric 15c $1.12 % (quar.) 2 8- 1 8-15 Seabrook Farms 9- 1 8-14 1 8-14 $4.50 10c 9-29 9-l« $4 10c 9- 1 8-14 Col, partic, preferred- ______ Co., Cement (quar.) $3.50 Wheel Peninsular Grinding Penmsuiar Telephone Common $1 Seaboard 45c 10-10 9-17 8-28 SI.72 convertible 43c 10-10 9-17 Union 8-15 7-24 $2.12 convertible 53c 10-10 9-17 United Aircraft $1.43% 10-10 9-17 United Air 50c 9-15 9- 1 35c 8-10 8- 3 United 30c 8-25 8- 5 9-10 8- 7 $4.50 preferred iquar.) United Can & Glass Co., — 40c iquar.) 33c $1.30 (quar.) 8-15 11-15 8-15 7-15 Extra 10- Shawinigan Water & Power Co., com. 1 9-10 9-15 8-31 4% 9-21 (increased 8-10 9-10 8-28 15c 9-10 8-28 Petroleum Mills, preferred Pillsbury Pinchin, $1.1272 $1.1272 $1 $1 Inc., Steel Portsmouth Metals Pressed Procter 4.20% 4 372% preferred preferred Service Public Common 5% Public Common Co., 9- 1 8-15 9- 1 8-10 8-15 7-24 $1.0674 9- 1 $1.05 9- 1 South 9- 1 9- 1 9- 1 1 8-17 89- 1 9-30 35c 9-30 8-31 $1.02 9-30 8-31 30c Distribution Shares, 1 8- 1 $3.50 Purina 3%% Rayonier, Rapid Co., preferred Inc. Red Owl Stores Reed-Prentice of Resources Revere Rice B Oil Mfg. 472% Inc., 2nd 7% Richfield Riegel S4 Rio Grande preferred 9-11 9- preferred 4.10% $4.75 7-31 9- iquar.) — 1 Paper 5 O.) Royalties 9- 5 8-15 Safway Co., 1 8- 5 $1.1272 9- 1 8-14 $1.75 10- 1 >-* 1 9-15 9-15 60c 9-10 ' 9-15 99- 4 5c 3,18 7-20 50c 8-14 7-31 Ltd., common (quar.) (quar.) — 9- Sunray Oil 8- 9-15 8-14 9-15 1 Ltd., class A 1 8-14 1 8-14 Swift $25C 9- 1 9- 9-10 8-27 tl5c (quar.) 8-15 1 9-14 7-31 9- 1 50c 9-10 8-15 8- (quar.)—- 4 7t% pfd. Co., 6t. Tennessee 7-28 Tennessee 25c (quar.) 8-26 8-21 8-31 8-15 Texas ^c 10- 1 9- 5 J$1.06 1 9- 10-12 8-15 8-15 8- 5 Louis, San Francisco Ry.— 70c 31V4C 8-15 7-31 Marine Texas Pacific Insurance (quar.)„ , 9-15 9- 12-15 12- 1 20c 10-17 10-10 10-17 10-10 4% 1 $1.25 Inc. convertible $2.40 The Fair iquar.) White (S. White Motor 8-14 8-17 7-16 9-10 8-14 9-19 8- 7 Whitehead White's 10- 1 9-11 9- 1 8- 7 9- 4 8- 10-1 9- 1 6% 50c 1-2-54 12- 1 3.60% Wickes 00 - 8-15 7-31 10- 25c 9-18 1 10- 1 , 9-15 8,26 4 8-11 31¥»c '10- 1 9-18 $1 10- 1 9-18 35C : Paper Co., common Extra—, San 1st preferred series A Antonio a Transit (quar.) (Increased 1 8- 9- 1 8- 1 $1.10 10- 1 9- 4 25c 8-15 11-15 14C 2-15-54 14C ; Quarterly 14C 14C quar.) * Quarterly Quarterly 9- 12 V2C (quar.) ___. 8- 1 1 10-31 2- 1 5-15-54 5- 8-19 8- 5 50c 8-10 7-20 Stock 4% — Amer. Echenley Industries Inc. (quar.) WCSSift dep. rets, —— Co., Edison 4.257c 4.56% 8-15 3-15 7-25 7-25 .3-21 11c c-'Jl 1 Power, preferred Power dustrie^-. (quar.) & Light t' ■ t —__i_ Industries (Gar) common...:...:. (quar.) preferred Wisconsin Wood t _ 35c $1.50 , 90c Gar v . Machinery Corp. W.) Wood - . , Extra,..—— Monthly ——— 7-— ' ? 37J/2C Towne 3 $1 9-15 1 8-31 9-15 8-31 books Co. - closed ^Payable in 8-10 3-25 7- 2 9-, l:8-20 * 9- 1 10- 1 IT- 2 '10-20 8-15 7-31 50c 10-.1 9-10 8-20. 9-19- ' ■ for Funds, Canadian 9- 3 9-1, 10c iquar.)_ this tPayabte in U. S. Funds, less 15% tax dividend. r . .• Canadian non-residents' tax. deductible at the source. No«- residgnt tax I57e.; resident tax 7%. — 6 5 % 9- 9 8- $1.06 ¥4 9- 1 8-14 $1.14 9- 1 8-14 a Less x (interim) not 9-10 25c - 8-31 •Transfer 7-31 50c 25c Yale 8- 1, 25c a__ Wysong 9-15 8-3 10-168-14 8-15 20%.- 7-31 Manufacturing - 9-18 1 10-31 9- 1 50c 2 " --a — 7-28 8-20 ' - (quar.)___„ Co.- (quar.) 1 In¬ 8-26 8-17 9-30 • (quar.30c Co. (see W-rigley tWmj, Jr. Co.,(monthly)___ & ( 11c Monthly-^ Wisconsin'"Electric Ltd.— for ord. reg. (quar.)_ (quar.) (monthly 8-15 Co.— preferred preferred 8- 1772C 34a4c (quar.)_ 9-10 10% Trust 8-15 (quar.) 10c 50c dividend Securities 9-18 " 15c . 2( ^rMiles Co. (quar.)T—;—__122T__"__ 15c Co preferred (quar.i Tobacco Toledo Savage Arms Corp. (John R. I 9-10 9-30 quar.) 60c (quar.$_. —1_— Thompson Products, Inc., common ' 7-27 3-24 MonthJ^y:. Co.— 1 25c ; Thompson 3-11 ' . Regis $4.40 8-14 . $1 common Co. Grocery • St. 9- 1 Woolwoigh: (P, W.) & Co., Ltd.--— Ordinary' (interim) 8-26 9- v, Inc., Woolworth. .(F. 9-15 25c - 8-26 $$1.1272 3772C (quar.)__ (initial Wood Newspaper $1 (quar.) 9-15 9-10 2Cc Rubber 9-20 , 9-10 1C- 1 (quar.) iquar.) Lovett 8- 3 8- 3 11- 2 2- 1 25c (.quar.) 9-10 9-24 50c 12 ¥2 C . 7-31 8-15 70c $1.08 ___ 7-25 1 Corp. k 9- 8 10- 1 . 6272C pfd. Co. Mfg. Co. Stores, 9-15 Corp.__ convertible preferred 5 7-31 25c (quar.)_ Brothers Auto 572%* 7-31 9-1 75c 3-17 $1.25 8-17 $1.25 11-18 $1.25 2-15-54 . — Instrument Whitehall Cement Winn (quar.)—— Co. 8-15 ______ Dental Mfg. S.) 1 30c iquar.) (George), Ltd., 472% 7-31 25c preference Inc. • • *725c (quar.) Electrical ,®. c (quar.) Mfg. 7-31 <quar.)_ _______ Weston $1 . 8- 8-15 iquar.) Stationery 27 ¥2 C <R. I.), $1.25 conv. pfd, (quar.) Glass A 10-15 26 __ £-15 common & 30c iquar.) 8-19 40c 15c common Tablet 25c (-resumed) preferred A Thatcher Co., preferred 1 (quar.)„ Co. RR. preferred 5% $8c (quar.) Coal & Oil 8-19 (quar.)_x_" iquar.)— 50c Sulphur 1 $1.25 Co., Insurance A 2 — (quar.) 1 9- 1 9- $1.1272 Ltd. preferred 8-15 (quar.)— Gas Light 8-14 ' - iquar.) 9- 11- $1 iquaro_—_— (9- 1 25c (quar.)______ A 65c (quar.) Corp. Corp. 8- 20c (quar.)_____ Co. Breweries, Pacific 30c (quar.)_ iquar.) A 7-31 3-15 $1.25 Weston ; 8-17 30c (qu.ar.)____ Lines Westmoreland, Co.— —: Textron, (quar.) (quar.) $1.25 10c preferred A preferred A Special iquar.) (quar.) Life 5% 7-31 (quar.) Corp. 8- 1 .720c Co.__-_____ preferred Western 9-30 30c (quar.)_ Extra 4 10- Air Canada Western 8-14 40c common common 3-15 25c Pulp & Paper— preferred (quar.) Western 9-15 35c Ltd. 7-24 (quar.)_____ 5% 56c Mines, 7-24 8-10 . 5% iquar.) Corp., com. 8-10 (quar.) Co. Virginia Western ' Securities Natural Gulf Engineering Western iquar.)_, 8- 4 3-13 $1.1272 (quar.) (quar.) Fixture & Showcase 4 72 % Corp.— common 8-14 7-15 25c preferred Point Manufacturing West 5 7-30 Co., 1 5 $1.0674 (quar.) Co. $5 preferred <quar.)___— West 8-28 Corp., 38- 8-20 12 ¥2 c ! 8-15 8-14 Corp. 4Cc 30c Inc Disinfecting Co., common West 40c (quar.) Telautograph 9-23 5 'Jo -— 8- 7 8-11 9-11 preferred 8-20 'quar.) convertible Wellman Tampa Electric Co., common (increased)—4.32% 8-10 25c (quar.i Waterous,-Ltd., £0c class A Weber for common Quarterly 8-15 9-15 35c Co. 7-24 9-10 Ltd.__ Pictures. & Swasey 8-11 30c Biscuits, Inc. & 9-15 :;35c (s-a)_ Washington Steel Corp. 6 7- 6 8- 37 ¥2 c common Steel Superior 1 Petroleum Brothers $4.50 8-14 9- 9-10 10- 9 $2.50 ; common Warner (quar.) Corp., 9-30 9-21 10-20 (quar.)_____ Washington Gas Light Co.— $4.25 preferred fquar.)__ Oil of Standard Co., Warner 1 9- 9-14 62 %c __— preferred series A (quar.)— convertible 2nd preferred (quar.) '5%% 9- {$1.0674 (quar.) Co. & 8-15 40c Textiles Co., 474 7c $1 Paper Fire Oil $1.02 7a Power Paul 45c (quar.)— Consolidated $1.18% iquar.) Croix St. (quar.) Co. Propane Gas Sunshine (ouar.) St. convertible 11-30 1 Sun 8- 7 7-31 9-15 9-15 8-31 12-10 (quar.) Jersey & 9-15 preferred 8-14 9- 1 3-15 f-:0 35c 35c iquar.) iquar.) Mines. Amulet Walker 12-15 preferred ,2nd Suburban 8-2T 8-20 9- 10c 75c S3.13 Det'nning Co., common Warren 9-10 10c 9-30 Electric 1 9- 1 20c (quar.) (quar.) building 9-20 3- 4 9- 4 1 12- 12-31 preferred Suburban $4 $1 Baguenay convertible 12-15 1 $1.25 Fuller & 9-15 MO (Texas) Products 5% 9-15 10- $1.25 Wells, Struthers, 8-31 1 10- $1 (quar.)__. preferred 7% 10c —— preferred (quar.) Stix, Baer 7-31 - 10- 'l10- 1 155ac (quar.) (quar.) Ccrp. common Wacker-Wells (quar.) Warner preferred preferred Vulcan 7 8-14 (quar.)_—— Engineering 5% 8-14 25c (quar.) Stores Stern & Sullivan Management Steel 9- 75c dividend Stock 8-28 Corp., preferred $4.50 8-17 (quar.) Co. Bros. 5.20% (quar.) F Royal Oak Dairy, 8- 8-15 Electrc Corp.— preferred (J. 9-10 8-10 9- $1.75 class A (accum.) Co., preferred H 474% Ross Stern 9-10 (quar.) preferred I Holland (A.) '& Sterchi 8-15 ' 4% 20c 1 87 %c Lithograph preferred preferred Stein 2 9-15 1c (quar.) & 7-31 held)—- Corp. 57® 1 10- 50c (quar.i Valley Gas Rochester Gas 6 CD (quar.) Silica 472 7c (quar.) (quar.)—___ preferred 1st common Cement Riverside 8- 30c —__ share New Spring Stewart iquar.)__'—„— common A 80c $3 Tobacco Co.— (one pref. 9- 1 12- 1 150c Manufacturing Vulcan 5% shares 50 8- 7 9-10 12-10 $2.50 1 $2.50 (s-ai com. (s-a)__— 5% Corp., Vogt 8-14 7-31 Packaging Corp.— conv, 8-L3 f 1.25 $1.25 (quar.)___ Shreveport & Pacific, Virginia Coal & Iron Co 9-15 common..—— common (Indiana) of 60c (quar. preferred Vinco 8-15 dividend $1.25 Corp. preferred 5 8-31 30c (quar.l__ Steel 57c 50c _— ___ 7% Textile^ 8- —-i— — (quar.) Commercial Stecher-Traung 50c Ltd. (quar.) com. 8-31 9-14 Ltd. 5% ' preferred Oil 8-15 7-31 50c convertible Rice-Stix, 7-20 7-16 $6c (quar.) Co., Co Co., 3 25c Tobacco J.) 8- 20c Fund, 5 — Inc., Standard 1 8-13 +27c Co. Standard 75c (quar.) Ranch Rheem 9- —— Investment 8- Waite —___ — preferred $1.60 50c Ltd., class A Canada (R. Class 9-15 (quar.) (Increased) Viau, 8-31 — 9-10 — Cement, Brands, Standard 7-31 (quar.) Copper & Brass Inc. Reynolds 8-15 (quar.) P-enold Coventry, 1 25c Co. 3 2ic Portland each 1 9- 1 37 72C Pile Corp. 9- 9-11 10- _ (quar.) Reading Co., common 7-20 RR.— — Stock dividend 7-18 (quar.) 8-14 25c . of America (quar.»_ Corp. 8- — 8-15 9-25 9-15 ... - 5 8-15 9- $1.25 (quar.) com. 1 11c iquar.) 35c (quar.) — Standard Oil Co. 7-31 5 8-25 50c 93 %c iquar.)— Concrete Raymond J30c iquar.) (quar.) Electrotype 8-28 8- Corp._, Company .1 common 7-16 9-15 15c (quar.)_ Sons & International Stock 9-30 50c (quar.)— Co. Power Ralston Service, Stamford Water 35c — 7-20 5c Public Shoe Standard 7-21 7-25 1 Vanadium Fund, Inc.— income.^ Vapor Heating, 5% preferred 5% preferred (quar.) (quar.)—_— common 9- 10-10 10- I —__ 8-14 9- 25 ¥2 c 8-14 $1.067i _ —30c $1.1272 iquar )_■__. Income earned From Van Norman Co. 9 8- 4 Line Value 3 8-31 20c —— Drug, Common 9-10 (quar.) Inc. 7-31 — Standard — 8-15 (quar.) preferred non-cum. Kellogg Spokane 6 910- T- Quarterly 8-28 474%- pfd. .3quar.)__ (quar.)___ preferred 8-12 7- $45c 7-24 1 25c (quar.) Co. Co.. 30 ¥2 c Co. Quarterly 8-20 50c — — 4 3 Railway Co. 5% Pictures Vicksburg, <quar.)__ Quarteily 7-27 9-14 $1.25 iquar.) 9- $1 8-15 9- $1.50 (quar.) preferred 472% 9-10 9- G27ac (quar.) 8-19 8-21 12-11 8-31 9-1 8- 1 8- 3 8-15 9-15 Corp.— Upson Co., common 22¥aC iquar.L Gas Stores (quar.) Co. preference series A Insurance 7-28 8- t— ; Natural Spokane Quaker City Fire & Marine Insurance— Quebec preferred Spencer 8-31 8-15 — (quar.)——, Quaker Sta.te Oil Refining Corp. Quarterly preferred Southwestern 8-31 * 40c 75c Icc (quar.) 20c 30c $6 7-27 4 10c 4— 40c Universal California Edison— Spencer (quar.) 7 9- 3 9-15 9-15 8- 50c 75c 45c (quar. (quar.) Corp. Universal 7 8-14 Co 50c iquar.)__ Bumper 7-25 ■■ 8-31 8- 100% (quar.)_ Co. & Vitamin 5% 25c (quar.) Canada Old Co.— Light Co. 1 (annual) A Corp.— Printing & Lithograph Co., com. (quar.) United 8-31 1 8-14 9-30 7-17 1 9- class B_: Power Co,,. Ltd., common 4.88% 8-14 1 $1.17 "2 7-17 1 10- $$1.25 Extra —— preferred & Works Southern 9- 9- __ 1 810- 25c pfd. Platinum Co. Southwestern — — — 8- 40c Texas Development Co., 4.08% 8-14 27c (quar.) (quar.)— Gold American Southern 30 %c (quar.) S. U. S. 50c conv. Southern 8-14 $1.25 Gas 90c Co., Bend Lathe Mexico— & Spring (quar.) (quar.) 9outhern 8-14 45c — Potash S. Co. South 8-14 $1.12 7a : S. U. U. ———— — Corp. Aircraft Solar 8-14 (quar.)— S. UT 8-14 65c Southern _ common Fund, 8- dividend Stock 5 8-15 65c com. U. 7-31 75c South (quar.) convertible Puritan Morgan) 87 72 c preference Power & Inc. Oil 5% O.) (S. 25c iquar,.) Puget Sound Pure (A, 25c (quar.) preferred Pullman, 8mlth Smith preferred is-a Pipe & Foundry Co. 7-31 (quar.). 7-17 2272C 9- 1 9- 4 1-2-54 9-21 9-15 8-15 8-14 9- 1 10- 1 preferred Machinery Hoffman 9- iquar.) Corp. 7-17 — 3 (Sidney) (quar.) pfd. S- 1 i-cumulative no S. 8-15 Castings.:—4-T—— Co. 7-15 14C preferred 4.08% 4.70% Sivyer Steel 2272C Inc initial). A dividend $1.40 Sinclair 1 9-21 (quar.) Electric Service 6 8- (quar.) preferred Oil 8- 3 3 7- 115c —___ 4$1 5% U. 8-15 class A 5%' Ltd., Sons, 8-15 ——' New 1H.1 10- Colorado— of Co. Simon 1 >40C 7- 3 110c Silverwood 7 10-15 9- 3 8- $1.50 common. participating preferred (quar.) U. S. Lines Co., common (quar.)— 8- 1 9-4 8-31 8-31 (quart) Improvement Co., preferred (quar.) Grain Growers, Ltd.— 50 c 8-14 8- noc (quar.)—-— 1 7-31 (quar.) common (quar.) Dairies, Ltd., 12 72 % (final) (quar.) preferred 4.907c 1 1 Power, Pacific preferred A —a. (quar.)__—r Ltd.— Gas 87 ¥ZC preferred 67c Skelly Oil (quar.) of Indiana, 4.327c 8-15 $1 10- 1 9-30 10- 1 5674C 472%' 7-31 — 175c 45c $1.0674 __ 51.0674 7-31 8-15 5% •• 9-22 9-22 8-31 8-15 9-10 8-15 8-18 10-6 9- 8 9-8 7-31 7-15 8-24 474c/c 8-15 $25c (increased quar.) Co., com. class 474% Co. Sierra -tu.— preferred (quar.)——— prelerred (quar.i___. 72% 2 15c preferred iquar. 1 Sidney Blumenthal—see Blumenthal 1 8- 8-15 99- 6% United 2 9- ————————— Extra 2 50c (quar.) (quar.)——— Public Service Co. 9- 2 4% 2 65c (quar.)——— of preferred 4V47c Ltd. Co. Co. 99- $1 America, Gamble & Service Public 9-30 9-30 60c (quar.) of 12-11 35c common Coke & Gas 1-2-54 7-15 2 (quar.) of America Sherwin Williams — dep. receipts for ord. shares Mines of B. C., Ltd Portland 9-11 —_______ (quar.)— Corp., 9-11 10- 8-25 Un ted — (quar.)__^——i'2 A Fuel Investments, 10- i38c 25c (quar.) common Electric Coal Cos, $75c — Corp. Class United 10- 10-15 7V2c ! (quar.)__. United $27 ¥20 iquar.)—' Sheraton 12-11 1 10- 25c Associates, & 1 1-2-54 40c (quar.) Scale B Extra & Pioneer Gold Pneumatic Class preferred (quar.) com, Corps., Ltd., class B_.___.-__xlOc 3 +50c — A (quar.i______ America, 7-17 $56 V4C — 9- 1 9-15 9- 1 9-1 $1 1272 (q,uar.)_ preferred of Co. (quar.) pfd. conv. common 3 8- $30c (quar.) (quar.)_— Stock dividend quar.) Co. Johnson A 8- Biscuit United 8-17 8-17 Ltd.— Brewery, Winnipeg Class 8-31 25c ——■ preferred series A (quar.)— prelerred series B (quar.) Shea's 2 7-31 iquar,)____— Insulated WireCo. (quar.) Mfg. Amer. 9- (quar.) common Philadelphia $4 8-11 1 — pref. Phillips 1 9-10 — 2nd preferred Philadelphia Electric Co.— Pheoll 9- 9-10 1 10c 472% 10- 1 10- 7%c * — Co Leather 10-15 10- Lines, convertible Series 10c 50c SI.25 25c $1.1272 50c (quar.)_ Corp., 57c 7-20 7-20 7-20 7-20 7-10 8-14 8-15 8-15 8-15 8-15 8-15 8-3 $1 9272C 87V2c —„ of Calif. Co. Oil 472% 3IV4C (quar.)—:——— Inc. Seton $2.121/2 ' Common Coip 9-10 25c non-cum. $1 Radio 1 $1.75 Philadelphia Dairy Products— $4.50 1st preferred (quar.) —— ——— $4.50 1st preferred (quar.)— $4 non-cum. 2nd preferred (quar.) — $4 preferred 10- 50c (quar.) 50c (quar.) Corp., common— (quar.) Acceptance Servomechanisms, 4UC (quar. )— RR._—— Valley 5% Sentinel $1.50 preferred (quar.)—™ —— salt wtig. Co. (quar.)— Peoples Gas, Light & Coke Co. (quar.)—— Pennsylvania State Water, $7 pfd. iquar.,i_ Bureau — $1.25 5% Co. (initial) common new 30c (quar.) Pennsylvania Glass Sand Corp., com. Securities 10-24 t75c -- Co., (quar.i Roebuck & Co. Sears, 7-25 Pennsylvania & 10-24 3272C — Surety Seagrave Corp. 7-26 11-15 32 v2C (quar.)——- common Pebples Drug Stores, Inc. 8-15 33c (quar.)—— Peeria 10-24 Oil Seaboard 7-25 11-15 (quar.)—— common (quar.)-—,—.—— (Del.) Seaboard _— (quar.) Permutit 8-15 25c preferred preferred $1.30 preferred Ltd., 9-10 1 —- $1.32 preferred Ho- 25c i quar.i $1.32 Penman's sinking S5.75 Co. (quar.) preferred preferred tl 8-28 9-11 preferred (quar.)—.—— preferred iquar.)_ fund prelerred (quar.) ——_— (quar.)__ —— preferred iquar.)———; preferred (quar.) 9-11 Co., 9-1 (quar.)__— preferred 10c Finance (quar.i 8- 5 11- 5 8-28 9-18 9-18 8- 6 8-3 <Mo.) Co. 25c Corp. 50c $1.1272 (quar.)—— preferred 12 7zc Peerless 377ac $1.0674 40c 123'2c (quar.) preferred Carbon Corp. & 1 8-14 11-16 9-11 9-30 10- 1 8-15 25c 25c ; common preferred $3.70 3-15 15c (s-a) (quar.) common $4.25 Rubber, 9- (interim) com. Coacn $1.50: convertible *35c ——-J* A Container corp., 9- Temper Corp., $31 ¥4 c (quar.) common 9-25 60c ■;— (quar.)_„ 9- 1 7-15 9- 8- 4 (Dallas. Texasi- a— —— True Twin ——.— Inc.— 8- 3 — — Quarterly 8-21 . pfd. Trinity Universal Insurance Quarterly 40c 6 3 34c 67c Petroleum, Transtates 1 ——— ——— Ltd., Co. preferred Seaboard 11- i, Pipe Line— (quar.) preferred 8-15 1 30c preferred A 34 74C (quar.}_.__ 85c $2.25 10-16 ——————————- Co._, 10c preferred Wiicox & (quar.) iquar.) series $4.50 1 ——- (quar.) preferred Common 8-26 11- ._—— preferred (quar.) Scruggs-Vandervoort-Barney, 7-24 5 8- 3 12- 12-15 $1 iquar.) Transcontinental Gas 8-26 9-10 75c Co.— Mfg, 3.65% 30c — 35c partic. pid. Inc., Co.— ' prior Coal Stow Scovill 37 72c iquat.; (quar.) A convertible 5% 9-15 7-31 (quar. iquar.) Co. Dillon 30c class Drug, Peabody 1 preferred $3.40 4.30% (quar.)— Parkview Scotten 10- $1 77ac Distillers Cuijj. Co., Pen 8-14 8-31 9- Corp.— Tiliord Parker (quar.) com. 1 8-14 6272C — non-cumulative 4 ¥2% Park & _ Scott 5 8- 8-20 25c Schering Corp. ——— Paper Co., common (increased quar.) — $4 preferred iquar.)— —•— — 1 9-15 10c (quar.) Co. aneraton Para 8- Corp.— Oil tquar.)____Eastern Pipe Line, Panhandle Park 7-20 8-15 — preferred 4% 8-15 35c Pacific Co. Payable of Rec. Share of Company Townsend Holderi When Per Name Payable of Rec Share Name of Company Payable of Rec Holder» When Per Holder 1 When Per Share Name of Company . Monday, August 3, 1953 ... (530) 50 Less Jamaica y Corrected -JBritish income tax. income tax. payment or holders of tiTOyn record dates are reported innnrrant her* . Volume 178 Number 5243 The Commercial and Financial Chronicle ... (431) 77 51 : ,. 1 \ . ' * " STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Maricopa County Sch. Dist. No. 41 (P. Brent, Ala. 1 Bond Sale—The mortgage bonds $128,000 natural offered O. gas Bond first revenue June-5—v. 177, p. 2399—were awarded to Sterne, Agee & Leach, of Birmingham, as 4 Vis and 41;>s, at a price of par. Sale—The National $37,000 build¬ Bank of Arizona, ARKANSAS Mena, Bond composed group Mohr 4 Bank, mingham; 99.29, 2%, as basis a at a price of about 2.87%. of Dated Aug. 1, 1953. Due- semi¬ annually from Aug. 1, 1954 to Feb. 1, 1963, inclusive. the for (CST) of purchase $775,000 water works and Sewage improvement revenue bonds. & Famish, First National both of Montgomery, and Watkins, Morrow & Co., of Bir¬ Offering—Sealed bids will Aug. on July 22 to a of \ Thornton, " ■ ! California Sale—An 000 building the Bank Bond Springs, Sale The — Trust of $295,- sold was America to National & Savings Association, of Francisco, as 3 Vis. Dated San Ala. $600,000 June 9, 1953. Due June 9 from on 1955 to 1958 inclusive. Principal interest (J-D) payable at the tems mortgage revenue bonds of¬ County Treasurer's office. Legal¬ fered July 29—v. 178, p. 339— ity approved by Orrick, Dahlquist, & were Sutcliffe, of San awarded to a group headed Herrington Francisco. .■* by Thornton, Mohr, & Farish, of Montgomery, as 43/4S, at a price Garvey School District, Los of 93.91, a basis of about 5.25%. Angeles County, Calif. {amount reduced water works Other • from and $-325,000) natural members of gas the sys¬ and group: Bond Sale—The $160,000 build¬ Hendrix & Mayes,-Stubbs, Smith ing bonds offered July 28—v. 178, Lombardo, both of Birmingham,; p. 339—were awarded to the Bank Lyons & Shafto, of New York of America National Trust & Sav¬ & ■ City. St. Harold Paul, Wood & Barcus, Co., of Kindred & Chicago. of Co., E. and ings Association, of San Francisco, as 3%s, at a price of 101.06, a basis ALASKA of Glendale Los Anchorage, Alaska Bond Offering City non, sealed Standard the Manager, bids until Time) purchase divided of will 6 Shan¬ receive (Pacific Aug. 12 for p.m. on $1,150,000 bonds, follows: as $600,000 telephone bonds. Due on Sept. 1 from 1954 to 1965 in¬ Callable clusive. on and after 10 years from date of issue. 350,000 library bonds. Due on Sept. 1 from 1954 to 1973 in¬ clusive. Callable 10 years on and after bids Callable The bonds on and after date of issue. for Legality Thorgrimson & Horowitz, of Seattle. Indep. Sch. Dist., Alaska Bond • • Fitz- M. gerald, Clerk of the Board of Directors, will receive sealed bids 10 Time) on p.m. (Pacific Standard Aug. 12 for the purchase i$2,500.000 building bonds. Dated Sept. 1, 1953. Due on Sept. 1 of from 1954 to 1973 inclusive. after and of issue. 10 years (M-S) Trust & Savings Bank, Seattle. / •; Legality approved by Preston. Thorgrimson & Horowitz, of Seattle. the (P. O. Phoenix), Ariz. — Rhea Averill, Offering Clerk of the Board of Supervisors, will receive sealed bids until 10 a.m. (MST) purchase - - , bonds. of County's fiscal agen¬ City or Chicago, option of the holder. at the on of Dated Aug. $125,000 July 1, 13 for the building 1953. Due County Elementary Sch. Dist., Monterey County, Calif. Bond Maricopa Unified Sch. Dist., Kern County, Calif. Bond Sale—The $1,350,000 build¬ bonds offered San & July 21 were syndicate headed by a Bank of America Savings Francisco, National as from 1954 to 1963 inclusive. cipal and at interest Prin¬ County Legality approved by O'Melveny & Myers, of Los Angeles. Other members of the syndicate: Blyth & Co., San Francisco; Secu¬ rity-First National Bank of Los Angeles; R. H. Moulton & Co., Weeden & Co., Dean Witter & Co., Merrill Lynch, Pierce, Fenner & Beane, Lawson, Levy & Williams, Stone & Youngberg, all of San Francisco; C. N. White & Co., of Oakland; Fred D. Blake & Co., of Los Angeles; Paine, Webber, Jackson & Curtis, of Chicago, and Jones, Cosgrove & Miller, of Los Stanislaus County, Calif. Bond Offering —C. C. Eastin, County Clerk, will receive sealed bids at his office in Modesto, until 2 p.m. (CDST) on Aug. 11 for the purchase of Dated June June on $35,000 : 15 from clusive. 15, Principal (J-D) payable 1973 and County Clerk, will receive sealed bids his office at until 9 in Los (CDST) a.m. Angeles, Aug. 4 for the purchase of $300,000 build¬ ing bonds. Dated Oct. 1, 1951. Due Oct. on 1 from 1954 on to in¬ 1976 clusive. Principal and interest payable at the County Treasurer's office at or fiscal the of any Chicago, or Mountain the at Legality apby Orrick, Dahlquist, Hernngton, & Sutcliffe, of San Fran¬ cisco. County's City option of the Bond Bond bonds American Trust issue of $94,000 sold was Co., to San the Fran¬ Aug. $310,000 her at until on will in Ba- (CDST) a.m. the building receive purchase bonds. of Dated Due from 1954 to 19-36 inclusive. Principal and in¬ 7, terest 1953. Elementary School District, County, Calif. Vuburn. until 2 (CDST) on Aug. 10 for the purchase of $67,p.m. building.bonds. Due on Oct. inclusive. Dated Oct. 1, 1 from Princinal 1955 to and int¬ (A-O) payable at the Coun¬ on July 1 from 1954 to 1973 incluPrincipal and interest (J-J) payable at the County Treasurer's ty oroved by rington & Sutcliffe, of San Fran- office. disco. Treasurer'^ office. ~ Legality ap- Orrick, Dahlquist, Her!T 1 CONNECTICUT Middletown, Conn. J. 11 office in Santa (CDST) a.m. Ana, Aug. 11 on Bond receive of bonds. Due Dated Sept. 1, 1953. Sept. 1 from 1954 to 1978 on inclusive. (M-S) Principal payable Treasurer's interest the County Legality ap¬ at office. Unified Solano Beach T. — bonds. at 10:30 for his the ing office in purchase Principal and interest payable at the Hartford-Connecti¬ of Diego, Aug. 11 on $6,000 build¬ Dated Aug. 15, 1951. Aug. 15 in 1965 and 1966. Principal and interest (F-A) pay¬ on able of to 1960 Bond the County Treasurer's Legality approved by Or¬ rick, Dahlquist, Herrington & Sut¬ cliffe, of San Francisco. at bonds Sale—The 40,000 41/4S. Due 1961 50,000 1968 to 4s. Due to 1973 San Diegvito Sept. on 1 $22,000 build¬ ing bonds offered July 28—v. 178 on Sept. 1 Kern Kern Bond Union County, Offering County Weston sealed bids kersfield, Vera — Clerk, July at office her 11 until receive in Ba- (CDST) a.m. 7, 1964 1953. from Due inclusive. 1956 tc Principal and in¬ terest (J-J) payable at the County Treasurer's office. bacher & offered to & jointly, at interest Marshall, of Bond Offering—Harold J. Ostly. County Clerk, will receive sealed bids at his office in Los Angeles, until 9 (CDST) a.m. Aug. 4 for on purchase of $600,000 building bonds. Dated Sept. 1, 1953. Due Sept. on (M-S) to 1977 in¬ Principal and payable at the clusive. interest 1 from Treasurer's the office county's New 1954 York agencies of about a 3.89%, net Co., of New York City, jointly, as a price of 100.32, a basis about of 2-46%. DELAWARE New Castle County (P. O. Wilmington), Del. Bond Sale—The and offered July 28—v. were awarded to to 1957 on Aug. 15 from inclusive. 178, bonds p. 340— group a com¬ posed of Halsey, Stuart & Co., Inc., Blair> Rollins & Co., and Ira Haupt & Co., all of New York City, 2%s, at as basis a of a about price of 101.86, 2.50%. Starke, Fla. Bond Sale Water Box 3, Dist. (P. O. 177, Offering—Samdel Frank¬ lin, President of the Board of Di¬ will rectors, until 6 p.m. the receive (CDST) purchase of sealed bids Aug. 8 for $35,000 water on bonds. works on Bank & of America ILLINOIS Belvidere, awarded to Francisco, offered $146,000 build¬ July 23 were Co., of San at a price of Kaiser & as 3s, III. Offering—F. L. Clerk, until Shattuck, receive sealed p.m. (CST) on will 7:30 Aug. 3 for the purchase of $60,000 ornamental street lighting system bonds. Dated July 1, 1953. Due Nov. on 1 from 1954 to 1965 in¬ clusive. Principal and interest (M-N) payable at such bank or trust company in Illinois as may be designated by the purchaser and acceptable to the city. Le¬ gality approved by Chapman & Cutler, of Chicago. Bloomington, III. Bond Sale—The $1,285,000 & Joaquin County, Calif. Sale—The as ' Le¬ Elementary School District, bonds rev¬ 16—v. $40,000 sewer bonds to the Florida I Bank, of Starke, as 4s, at par. 80,000 utility revenue bonds to Hassett-Neu Co., of Des Moines, as 4s, at par. revenue —v. Bond June awarded National Savings Association. gality approved by O'Melveny Myers, of Los Angeles. ing $120,000 follows: bids California The offered 2399—were p. City 125, Saugus), — bonds enue Bond Verde bonds offered water July 27 178, p. 247—were awarded to of Halsey, Stu¬ William Blair & Co., Central Republic Co., R. S. Dickson & Co., and McMaster, Hutchinson & Co., all of Chicago, group composed a & art at a Co. Inc., price of 100.012, a net inter¬ 2.92%, as follows: est cost of about Whittier $215,000 3s. Elementary Sch. Dist., Los Angeles County, Calif. Bond 1954 sewer improvement at or any Sale—The $500,000 build¬ ing bonds offered July 28—v. 178, $55,000 4%s. Due $1,139,500 system holder's option. as follows: 247— p. Mercantile 2V2S, at of in Chicago, fiscal City County at or Seattle, price of 100.01, a cost 178, the St. Louis, and Rand & FLORIDA build¬ Co., San Francisco, and July 30—v. awarded 100.05. Foster p. Chase (P. O. Bridgeport), Conn. Dist., Los Angeles County, Calif. San Sale—The $421,000 178, the to Torrance Unified Sch. California Bond July 28—v. Sale—The $585,000 school town hall-fire house bonds and Gib¬ K. will Aug. 11 for the purchase of $60,000 building bonds. Datec Woods ing bonds offered July 21—v. 178, p. 246—were awarded to Schwa- [y Bond Calif. on the District, San Diego County, . of about 2.22%. Sch. Dist., Trust Union High School Britain, Conn. awarded 246 — were awarded to Dean Witter & Co., of San Francisco. from inclusive. Mid¬ p. from inclusive. at the or Bank, National Bank of New York City, as 2 Vis, at a price of 100.16, a basis Trust Co., Dated Aug. 1, 1953. Aug. 1 from 1956 to 1966 inclusive. Principal and interest (F-A) payable at either the Newhall or Los Angeles branches of Sept. 1 from on National offered 340—were were Sonoma School District, Sonoma County, Calif. Bond Co., Hartford, Sale—The $700,000 sewer, and public improvement street office. Due inclusive. Trust New bonds. Due Bond cost Aug. 1, 1953. Due from 1955 to 1972 in¬ 1 clusive. Sexton, San (CDST) a.m. District, 100.04, a net interest 4.10%, as follows: Dated Aug. on Calif. H. County Clerk, will receive sealed until noon District, County, Offering until dletown. School San Diego Bond bids F. will Aug. 5 for the purchase $440,000 South Farms school cut Diego County, Calif. Bond Sale—The $110,000 build¬ ing bonds offered July 21—v. 178, p. 246—were awarded to Taylor & Co., of Beverly Hills, at a price sealed Middletown Angeles. Bernard — Treasurer, on Los Val School City proved by O'Melveny & Myers, of Route of and Offering O'Rourke, (DST) office. Offering—Lillian Rechen- County Clerk, will re¬ ceive sealed bids at her office in B. — (J-J) payable at the County Treasurer's ' San of the Gib¬ K. office 11 for 11 1969 nacher, erest kersfield, 1954 1 > Lcomis 1973 Clerk, bids District, Calif. Vera — $20,000 4V2S. Due County, Calif. Sale—An cisco. 1953. Offering County July School County, about Larkspur School District, 100 View Kern San oroved building until agencies in New York Ramona County his at son, in¬ interest the at Chicago; California Bank of Angeles, and Kaiser & Co., of Francisco, as 3s, at a price 100.87, a basis of about 2.91%. Los for the purchase of $960,000 build¬ County, Calif. Offering—Harold J. Ostly, Due 1953. to Treasurer's -office. Marin bids building 1954 Offering Southern Angeles Bond son. District, 15 Smith, County Clerk, will receive sealed Montebello Unified School District, sealed School Aug. on County, Calif. Bond bids (J-D) payable Treasurer's office. the & Union Due from 1972 to 1977 inclusive. Association, of 3V2S, at a price 100.29, a basis of about 3.44%. Dated June 9, 1953. Due on June 9 ing bonds offered July 27—v. 178, p. 246—were awarded to Weeden Keyes 3%s. of Santa Ana High Sch. Dist., Qrange of Sale—The $125,000 build¬ Co., of San Francisco. Aug. 15 from inclusive. on 1971 ing Treasurer's office. Union sive. the Principal payable at holder. Greenfield Bond 2 Angeles, Aug. 4 Principal and (M-S) payable at the Treasurer's office, or at of ARIZONA No. on Placer Maricopa County School District Bond Los cies in New York Principal and in¬ payable at the Se- terest ; attle (M-S) . inclusive. County any from on date interest Ostly, Call¬ able . 1978 bonds. Offering—Ruth until in (CDST) purchase interest ap¬ Preston, Anchorage District, dated tional Bank, Seattle. by office a.m. the to ' proved School $2,000,000 building bonds. Dated Sept. 1, 1953. Due on Sept. 1 from 1954 Sept. 1, 1953. Principal and interest (M-S) payable at the 'Seattle-First Naare his 9 Sept. 1 from 1954 to 1965 on to 126,000 Pasadena. Angeles County, Calif. at until from date of issue. paving bonds. Due on Sept. 1 from 1954 to 1964 in¬ clusive. Unified Los and County Clerk, will receive sealed 200,000 five years from 3.62%. Bond Offering—Harold J. George — about in Angeles, until 9 a.m. (CDST) on Aug. 4 for the purchase of $60,000 build¬ ing bonds. Dated Sept. 1, 1953. Trust issue bonds of his office at awarded to •• , Union bids Beardsley Sch. Dist., Kern County the Bond 240,000 4s. Due 1958 Ostly, County Clerk, will receive sealed ing CALIFORNIA ■ Dist., Los Angeles inclusive. Ark be received until 7:30 p.m. on Sch. Bond Offering—Harold J. Due Alabama Warrant Sale—An issue of $285,000 State gasoline tax anticipation wks sold Nietos County, Calif. Phoenix. County (P. O. Tuscumbia), warrants Los Ariz. ing bonds offered July 23—v. 178, p. 94—were awarded to the First * Colbert Phoenix), - p. 340—were awarded to a composed of First National 1962 to Due on Sept. 1 430,000 2%s. 1965 to group 640,000 3s. Bank 1970 to Due 1969 Due 1976 frori^ inclusive. 1964 on Sept. 1 from inclusive. on Sept. 1 from inclusive. Financial Chronicle The Commercial and 52 Sale—The Bond ries $15,000,000 se¬ superhighway bonds of¬ July 28—v. 178, p. 191— awarded to a syndicate D, fered were Chicago, as a basis of about 2.89%. ter, syndicate: Continental Illinois National Bank (CST) until bids 1 chase Co., First National Bank, Harris Trust & Savings Bank, all tion Chicago; Chemical Bank & Co., C. J. Devine & Co., both of New York; First National Bank, of Portland; White, Weld & 000 15, Miller, of Indianapolis. Dated of Trust Co., Shields & Co., both of New York; Paine, Webber, Jackson & Curtis, of Chicago; R. W. Pressprich & Co., of New York; City National Bank & Trust Co., of both of New York. National American Trust & Bank Chicago; Andrews 8c Wells, Inc., King, Quirk & Co., "E. F. Hutton & Co., Shearson,1 Hammill & Co., all of New York; Co., of v'Paul H. Davis & Co., of Chicago; Robert. W. Baird & Co., Mil¬ of Shelby Cullom Davis & Co., of New York; Dempsey-; Tegeler & Co., of St. Louis; John; Small & Co., of New York; Ful- j waukee; ton, Reid & Co., of Cleveland; Farwell, Chapman & Co., of Chi¬ cago; C. S. Ashmun Co., of Min¬ neapolis, and Julien Collins & Co.,: of Chicago. St. Louis, East Not Bonds submitted tary III. Sold—No for bids were the $2,240,000 sani-, improvement bonds of- j 247. sewer fered July 29—v. 178, p. Evanston, III. Bond Offering—Joseph L. Rose, Commissioner of Public Works, will receive 7:30 sealed bids gan Legal¬ Notes MARYLAND p. & (P. O. Wicomico County at a basis of about Chesterton), Bond Town until 100.15, a Offering—W. Bond ceive sealed (CST) bids Aug. on 7:30 p.m. the pur¬ chase of $20,000 water works rev¬ enue bonds. Dated Aug. 1, 1953. Due semi-annually 1955, Bonds and 1, from July 1, inclusive. 1974, maturing thereafter Jan. est Jan. to July on are 1, callable 1960, of as 1, 1960. Principal and inter¬ payable at the Chester- (J-J) Ion State Bank, Chesterton. Le¬ gality approved by Ross, McCord Ice & ment IOWA Taxation of Corpora¬ and Bond bids offered July were the Ind. office of Snyder, Esq., 208 Lindsey Bldg., Jefferson ville, until 7 p.m. (CST) Aug. 18 $360,000 first ; building . ^ ' 1953. for the purchase mortgage bonds. Dated of school Aug. 7, Due as composed & cipal at and the interest Citizens 1960. (J-J) Trust Due 1974 to on Sept. 5 inclusive. ma¬ are Prin¬ payable Company T. Joseph c/o bids sealed group Co., Blair, Rollins & Co., and Paine, Webber, Jackson & bonds offered $31,000 July sewer 27 were awarded to the White-Phillips Co., of Davenport, as 2V2S, at a price of 100.76, a basis of about 2.36%. The bonds dated are on July Nov. 1 • from inclusive1. Principal and interest payable at the Town to 1963 Treasurer's office. Sept. 1, able of Bank Boston. Legality ap¬ proved by Storey, Thorndike, Pal¬ mer & Dodge, of Boston. University of Massachusetts Bldg. Association received at Association's F. the financial 19 Inc., Rutter, office of will the W. agents, St., Congress Boston, until noon on Aug. 6 for $550*000 dormi¬ tory No. 12 bonds, 7th series. Due on Sept. 1 from 1954 to 1983 in¬ the purchase of clusive. Due on awarded 340—were to a 2.20s, as at receive the Aug. on 1, Hawkins, price of 100.31, a Due on Note Housing Offering Laughlin, Peter Chairman, bids at the Bond until 8 p.m. a.m. and Mass. Mc¬ of (DST) Chicago. Coolidge & Rugg, of Boston. 1955. proved.- by.,: Ropes; Dated Aug. 1, 1953. April 1 from 1954 to 1971 Bonds maturing in 1965 are optional. Prin¬ interest (A-O) to be payable at a bank or trust com¬ Due • (EST) on Aug. 12 for thereafter cipal Legality ap¬ proved by Chapman &, Cutler, of 25, Kis- purchase of $1,000,000 build¬ on the Legality Gray, were Moore 8c MacArthur & Co.y Gil-* Township Fractional School 2 (P. O. R. F. D. Raisin District No. Adrian), Mich. Offering—Gerald H. Cald- No. 3, Bond . well, Director, will receive ap¬ Best, Aug. 15, 1953, and due on from 1954 to 1972 inclu¬ sive. Bonds maturing in 1958 and thereafter are callable as of April 1 1, 1957. Principal and interest pay¬ at a bank or trust company able designated by the purchaser. and Paddock & Stone, of De¬ troit. Southeastern Oakland County Garbage and Rubbish Authority (P. O. 23646 Woodward Ave., Pleasant Ridge), Mich. Bond Offering—Ashton J. Berst, Secretary receive of the sealed Authority, will bids until 11 a.m. Aug. 11 ,for the purchase of $1,800,000 incinerating plant revenue bonds. At a previous of¬ (EST) on fering of $1,950,000 bonds on July 22, no bids were received. Lower construction costs have made it designated by the successful possible for the Authority to re¬ Legality approved by duce the amount of the bonds to Miller, Canfield, Paddock & Stone, be sold. pany bidder. of Detroit. Southfield Gogebic County (P. O. Bessemer), Mich. on Aug. 4 for the purchase of $900,000 notes. Dated Aug. 11, 1953. Jan. W. inclusive. Housing Board, 90 Tremont St., Boston, until 11 Offering—Frank Due pur¬ will receive office (P. O. Mount Clemens), Mich. bonds. T. - Co., of Lansing. bert & field, Fractional Union Sch. Dist. No. 1 ing Dated March 1 Authority, — McDonald — Legality approved by Miller, Can- and Harrison Townships the from 1955 to 1962 inclusive. Everett Clinton will the notes. to offered bonds 178, p. 248 v. Kenower, to be MICHIGAN noon until for 13 $80,000 1953. H. Authority, bids sealed of State a sell, Secretary of the Board of Education, will receive sealed bids Massachusetts of — both of Detroit, and Donovan, April Haleyville Housing Authority, Secretary Co., dated from 1954 to 1973 inclu¬ Principal and interest pay¬ able at the Second National Bank Offering—V. 9 bids until 8 p.m. 1 Note building and group 1953. 1, Bond composed of Halsey, Stuart & Co., Boston, Sept. No. Dist. O. ..Ovid), Mich. Sale—The $150,000 school (P. the Second will re¬ Boston, Sch. Fractional awarded Bond Offering—Sealed bids be were Middlebury Townships: Ovid and July 23 Massachusetts — the First of Michigan) to Corp., Detroit. site Amherst), O. (P. offeree® bonds 178, p. 341 v. — awarded Principal and interest pay¬ at the National Shawmut 1953. Dated sealed 1, dated are street assessment July 27 bonds basis of about 2.15%. St., March Burlington, Iowa Sale—The clusive. The Muskegon, Mich. $98,000 special Sale—The Bond Kidder, Peabody & Co., and Cof¬ fin & Burr, all of New York City, of Bank chase West on Inc., Harriman Ripley & Co., Inc., (CST) about 2.47%. Due 111 Sept. a bonds. school sive. 200,000 airport bonds to Bond inclusive. sealed (EST) on Aug. 3 West Springfield, Mass. for the purchase of $38,000 build¬ Bond Sale—The $1,300,000 water ing bonds. The 'issue, which was C. bonds offered July 29—v. 178, p. originally offered on July 17, is Des Moines, and the White-Phillips Co., Daven¬ of Boston. Legality approved by port, as 214 s, at a Thorndike, Palmer & price of Storey, 100.19, a basis of about 2.22%. Dodge, of Boston. 1954 of July 1, 1965 from until 11 a.m. (DST) on Aug. 4 for the pur¬ chase of $280,000 school bonds. Chicago, Bank, Jan. as — Treasurer, Town National National Bank, Offering Franklin group a Moines 1953, and mature 1, 1975 inclusive. Bonds turing in 1962 and thereafter 248 of the Harris Trust Savings Iowa-Des semi-annually on Jan. 1 and July 1 from Jan. 1, 1956, to -callable $700,000 bonds 178, p. follows: 23—v. awarded Pointer & en ceive $500,000 bridge bonds to Offering—W. B. Tischenat 214 s. 1,545,000 Sept. 1 from 1954 to 1973 in¬ Duxbury, Mass. Bond Jones, Iowa Sale—The 1973 380,000 inclusive. Waterloo, xJorf, President, will receive seal¬ ed 1963 to Curtis, all of Chicago, as 2V2S, at a price of 100.20, a basis of Corporation (P. O. Jeff erson¬ Bond 1,. Sept. on of Boston, Mass. composed of Halsey, Stuart & Township Sch. Bldg ville), Due 1964. by the Director of Accounts, ness tions of Massachusetts. Davenport Indep. Sch. Dist., Iowa Miller, of Indianapolis. Jeffersonville 2%s. 140,000 — Legality Gleysteen & Nelson, of Sioux City. Miller, will re¬ for 1 from* Due on Sept. 1963 inclusive. to — R. until 13 1953. genuine¬ to as follows: as $1,020,000 3s. F. Board of President approved by Harper, Ind. Clerk-Treasurer, a 165,000 214 s. Due on Sept. 1,. Messick, Department of Taxation and Cor¬ 1975. County porations of Massachusetts. Kalamazoo School District, Mich. Union County (P. O. Liberty), Ind. Commissioners, will receive seal¬ Note Sale The $400,000 tax New Bedford, Mass. ed bids until 11 a.m. (DST) on Bond Offering — G. Branden¬ Bond Sale—The $317,000 sewer anticipation notes offered July 22 Aug. 11 for the purchase of $1,were awarded to the First Nation¬ burg, County Auditor, will receive construction bonds offered July 900,000 public school bonds. Dated sealed bids until 9 a.m. (CST) on 28—v. 178, p. 341—were awarded al Bank & Trust Co., of Kalama¬ Sept. 1, 1953. Due on Sept. 1 Aug. 17 for the purchase of $37,to the Harris Trust & Savings zoo, at 2% interest. from 1954 to 1973 inclusive. Prin¬ 000 bridge bonds. Dated July 1, Macomb County (P. O. Mount cipal and interest (M-S) payable Bank, Chicago, as 2.70s, at a price 1953. Due semi-annually from of 100.50, a basis of about 2.63%. Clemens), Mich. at the County Treasurer's office. July 1, 1954, to July 1, 1963, in¬ Bond Sale—The $385,710 special Legality approved by Niles, Bar¬ Newton, Mass. clusive. Interest J-J. Legality ap¬ assessment district paving bondston, Yost & Dankmeyer, of Balti¬ Note Sale—The $1,000,000 notes proved by Ross,7' McCord, Ice & offered July 23—v. 178, p. 248— more. offered July 29 were awarded to Miller, of Indianapolis. were awarded to a group com¬ the Newton-Waltham Bank & MASSACHUSETTS posed of Kenower, MacArthur & Wayne Township School Township Trust Co., of Newton, at 1.294% Co., McDonald-Moore & Co., H. V. (P. O. Fort Wayne), Ind. discount. Acton, Mass. Sattley & Co., and Shannon & Co.,. Bond Offering—George C. Bond, The notes mature on Nov. 5, all of Note Sale The $100,000 gym¬ Detroit, as 5s, at a price of Township Trustee, will receive nasium construction notes offered 1953. 100.003, a basis of about 4.99%. sealed bids until 1 p.m. (CST) on July 29 were awarded to the Clin¬ Saugus, Mass. Manistee School District, Mich. Aug. 7 for the purchase of $233,- ton Trust Bond Offering — Phyllis E. Co., Clinton, as 2s, at a Bond Sale—The $360,000 build¬ 000 school building bonds. Dated price of 100.05, a basis of about Dodge, Town Treasurer, will re¬ ing bonds offered July 27—v. 178,. July 10, 1953. Due semi-annually 1.98%. ceive sealed bids care of The Na¬ from July 1, 1954 to Jan. 1, 1964 p. 248—were awarded to Barcus^ The notes are dated Aug. 1, 1953 tional Shawmut Bank of Boston, Kindred & Co., of Chicago. inclusive. Principal and interest and mature on Aug. 1 from 1954 Trust Dept., 40 Water St., Boston, (J-J) payable at the Lincoln Na¬ to 1958 inclusive. Principal and until 11 a.m. (DST) on Aug. 5 for Marquette School District, Mich. tional Bank & Trust Co., Fort interest payable at the National the purchase of $2,180,000 bonds, Bond Sale—The $400,000 build¬ Wayne. Legality approved by Shawmut Bank, Boston. Certified divided as follows: ing bonds offered July 28—v. 178,. Ross, McCord, Ice & Miller, of as to genuineness and validity by p. 341—were awarded to Barcus^ $1,800,000 school project bonds. Indianapolis. the Director of Accounts, Depart¬ Kindred & Co., of Chicago. Due on Sept. 1 from 1954 to of price R. R. Offering —H. Certified Boston. Salisbury), Md. 2.09%. 1954 O. 100.05, 2.23%, Principal and interest payable at the Merchants National Bank of ■/> & Trust price of net interest cost of about City, and Wachovia Bank Co., Winston-Salem, at a notes. 15, York: New of all Co., Weeden & Co., San Fran¬ cisco; R. L. Day & Co., of Boston;: J. G. White & Co., Green, Ellis; & Anderson, both of New York. 1956 Aug. dated are & Co.„ & Co., Hayden„ City;. 1958 inclusive. Aug. on Kuhn, Co., Stone 15 from 1954 to Due of Loeb composed group Trust inclusive. drainage surface 15,000 disposal 2T to Guaranty- sewage Francis I. duPont & White, receive (DST) on 15 from 1954 to 1965 City, or at the Whitney Na¬ tional Bank, New Orleans. Co., of Terre Haute, as 2V8S, INDIANA Acres (P. bids until 5 p.m. sealed Bond Offering — J. E. BaumNote Sale—The $5,000,000 notes gartner, Secretary of the Board of offered •divided as follows: July 27 were awarded to Directors, will receive sealed bids a group composed of First Boston <$775,000 fire station bonds. Due until 10:30 a.m. (CST) on Aug. 12 Corp., Chemical Bank & Trust Co., on Nov. 1 from 1954 to 1970 for the purchase of $2,750,000 aoth of New York City; Rocklandinclusive. building bonds. Dated Sept. 1, Atlas National Bank, Merchants 100,000 street equipment bonds. 1953. Due on Jan. 1 from 1955 to National Bank and Boston Safe Due on Nov. 1 from 1954 to 1973 inclusive. Principal and in¬ Deposit & Trust Co., all of Boston, 1960 inclusive. terest payable at the District at 1.92% interest, plus a premium 100,000 garbage equipment bonds. Treasurer's office. Legality ap¬ Of $52. Due on Nov. 1 from 1954 to proved by Chapman & Cutler, of 1960 inclusive. The notes are dated July 30, Chicago. 1953 and mature on Nov. 18, 1953. The bonds are dated May 1, Lawton Consolidated Independent 1953. Principal and interest (M-N) Dedham, Mass. School District, Iowa "payable at any bank in Evanston Bond Sale—The $88,000 sewer *>r Chicago Bonds Not Sold—The issue of mutually agreeable to bonds offered July 28—v. 178, p. the city and the successful bidder. $16,000 building bonds offered 340—were awarded to R. L. Day JLegality approved by Chapman & July 28 was not sold. & Co., of Boston, as 214 s, at a ^Cutler, of Chicago. The bonds are dated Aug. 1, price of 100.14, a basis of about 1953 and mature on Aug. 1 from 2.23%. Dune a inclusive. 1963 to p.m. (CDST) on Aug. 17 for purchase of $97.5,000 bonds, the will Treasurer, ler, of Chicago. July 28—v. 178, awarded to Boyer 247—were Chicago; Barr Brothers & Co., of York; Trust Co. of Georgia, .Atlanta; Dominick & Dominick, of New York; City National Bank fc Trust Co., of Kansas City; First Securities Company of Chicago; Hirsch & Co., Reynolds & Co., New Note obligation system bonds offered July —v. 178, p. 248—were awarded Millbury, Mass. Offering—Wm. T. ity approved by Chapman & Cut¬ offered 178, p. L. Day R. 2s, at a price of basis of about 1.89%. a Town $100,000 sewer Sale—The Bond bonds awarded to Principal Aug. 5 for the purchase of $75,000 and interest (M-S) payable at the notes, divided as follows: Citizens National Bank, of Mor¬ $60,000 school notes. Due on Aug. Haute, Ind. Terre 100.27, on of $200,hospital bonds. Dated Sept. 1953. Due on Sept. 15 from 1954 semi¬ Due 1953. 1, Aug. (CST) p.m. Aug. 14 for the purchase annually from July 1, 1954, to Jan. 1, 1968, inclusive. Legality approved by Ross, McCord, Ice & & Trust until 7:30 bids ed p.m. Aug. 13 for the pur¬ of $130,000 general obliga¬ sewer construction bonds. on sidewalk eral and pavement Sale—The $2,870,000 gen¬ Bond & Co., Boston, as Secretary of the Board of Commissioners, will receive seal¬ will Clerk-Treasurer, sealed receive Other members of the Offering—Elizabeth Grace Bond The $80,000 mac¬ — offered July 28—v. bonds 341—were Russo, Offering—J. Wayne Bax¬ Town adam (P. O. Morgan No. 2 City), La. Indiana Bond Hospital Service Parish Mary District Indianapolis), Speedway (P. O. Northern Trust Co., 3s, at a price of 100.93, headed by the Sale Bond St. Kalamazoo, Mich. Maiden, Mass. LOUISIANA Jeffersonville. Le¬ gality approved by Ross; McCord, Ice & Miller, of Indianapolis. Bank, State (P. O. Chicago), III. Cook County , 3, 1953 Monday, August ... (432) Note Sale — The $115,000 Twp. School O. Detroit tax anticipation notes offered July 29 submitted for the $1,600,000 178, p. 341—were sold to local ing bonds offered July p. 248. banks at 3% interest. —v. District 24675 Lahser Road, 19), Mich. Bonds Not Sold—No bids were (P. . build¬ 29—v: 178, I. Volume 178 Number 5243 ... The Commercial and Financial Chronicle (433) Spring Lake Township Sch. Dist. Northwestern National Ho. National 1 (P. O. Ferrysburg), Mich. Bond Sale—The $225,000 buildSing bonds offered July 27—v. 178, 341—were awarded to ip. a group Bank, First Cleveland, Miss. Bank, Midland National Bond Sale—The $273,000 special Bank, all of Minneapolis, and the street improvement bonds offered First National Bank of St. Paul, July 21 were awarded to the Bank at 2.121% composed of Kenower, MacArthur & Co., McDonald-Moore & Co., Detroit, Paine, Webber, .Jackson & Curtis, of Chicago, and Walter J. Wade, Inc., of Grand Bapids, as 33As. tooth Bond Sale—The $300,000 build¬ ing bonds offered July 29—v. 178, 341—were awarded to p. a group composed of the First of Michigan Corp., McDonald-Moore E. H. Schneider JKalamazoo, follows: as •"$30,000 3V2S. Due 1956 & Co., Co., all of Detroit, & Co., of .and Shannon & and 3, to 1959 to April 1 from on 1958 1953 and mature dated Oct. Bond Offering—A. C. Sale—The stitution July 178, p. 193—were awarded Allison-Williams Co., of Min¬ neapolis. . Ho ,, Barker, Scott & Minneapolis. Alexandria), Minn. Offering—P. County L. Hintzen, Auditor, will sealed bids until •an Aug. '.$800,000 12 1:30 for hospital receive (CST) purchase of p.m. the bonds. Dated .July 1, 1953. Due semi-annu¬ ally from July 1, 1955 to July 1, 1973 inclusive. Bonds maturing Jan. 1, 1968 and Ba'rber, St. (P. O. Mountain Iron), thereafter callable as of July 1, 1967. Principal and interest payable at are suitable banking institution •designated by the successful bida awarded were — July 28—v. by J. 100.05, apolis, a of the group: Co., of Minne¬ Minnesota Na¬ Northern Caldwell, Phillips Co., Harold E. Wood & Co., both of St. Paul, and Wooward-Elwood & Co., of Min¬ neapolis. St. Louis County Independent Sch. District No. 19 (P. O. Floodwood), Minn. Offering — Frank Tollgaard, District Clerk, will receive sealed bids until noon (CST) on Aug. 5 for the purchase of $35,500 building bonds. Dated July 1,1953. Due on July 1 from 1955 to 1967 St. Louis Allan Bond Moir, District Clerk, will receive sealed were 7:30 (CST) p.m. on Aug. 6 for the purchase of $930,general obligation building foonds. Dated Aug. 1, 1953. Due on $700,000 bonds July 27—v. 178, p. 249— Feb. 1 from 1956 to 1982 inclusive. Bonds maturing in 1969 and there¬ after are callable as of Feb. 1, 1968. Principal and interest awarded $475,000 <€00 or special Williams 200,000 a -were to the First 9 •'$55,000 school garage building bonds as 2.80s, at a price of 100.07, a basis of about 2.78%. 315,000 school betterment bonds at a price of 100.03, a net in¬ terest cost of about 2.90%, as follows: Jan. 1 clusive, on $10,000 2.80s, due from Jan. 1956 and 1 to $35,000 from 1961 1960 on in¬ 3s, due to 1964 Utasca County Ind. Sch. Dist. No. 2 (P. O. Coleraine), Minn. Bond ^building were Sale — bonds rejected and The for on bids July 13—v. 178, ,p. 249—were later sold to a group composed of Juran & Moody, of TSt. Paul, Kalman & Co., Minne¬ 3y4s and 3y2S. Dated July Legality approved by & Trauernicht, of Deer St. $480,000 The to Boston, or at the option of the holder, at the City Treasurer's of¬ fice. Legality approved by Storey, Thorndike, Palmer & Dodge, of NEW JERSEY J Bayonne, N. J. — awarded to a group com¬ posed of Allison-Williams Co., J. M. Dain & Co., Kalman & Co., Piper, Jaffray Minneapolis, & Hopwood, Bond Sale—The Sale—The $52,000 sewer system bonds offered June 16—v. 177, p. 2505—were awarded to the Board' Land of Commis¬ $6,650,000 sew¬ disposal system bonds offered 28—v. 178, p. 249—were awarded to a syndicate headed by age July ehman Bros., New York City, taking $6,630,000 bonds as 4s, at a price of 100.30, a basis of about 3.96%. Other members of the syndicate: Halsey, Stuart & Co., C. J. Devine & Co., White, Weld & Co., R. W. Drummond, Mont. Bond State 1954 able at the First National Bank of Lodge County, County High all bonds.* from Boston. Sale Of the $800,000 high school bonds offered July 27 v. 178, p. 96—a block of $400,000 and 1 bonds are dated Aug. 1, Principal and interest pay¬ 1953. Sch. Dist. (P. O. Anaconda), Mont. were building Aug. Pressprich & Co., Estabrook & Co., Kean, Taylor & Co., Reynolds & Co., American Securities Corp., Van Alstyne, Noel & Co., Bache & Co., Wm. E. Pollock & Co., all of New York, Schaffer, Necker & Co., of Philadelphia, D. A. Pincu's Silver Bow County School District & Co., Paul Frederick & Co., both Natchez, Miss. of New No. 1 Bond York, Adams & Hinckley, Sale—The $50,000 street (P. O. Butte), Mont. of Newark, Bond Sale The Auchincloss, Parker & improvement bonds offered July $2,950,000 28—v. 178, p. 342—were awarded school bonds offered July 23—v. Redpath, of New York, F. R. Cole & Co., J. R. Ross & to the First National Bank Co., both of of 177, p. 2833—were awarded to a merged syndicate headed by the Newark, Talmage & Co., of New Memphis. Northern Trust Co., Chicago, Hal- York, E. Ray Allen & Co., of Chi¬ Pearl River County, Carriere Con sey, Stuart & Co. and Blyth & Co., cago, and Fox, Reusch & Co., of solidated School District (P. O. Cincinnati. both of New York City, as 3%s, at Poplarville), Miss. I • ' a price of 100.38, a basis of about Florham Park School Bond Offering N. C. Rouse, District, N. J. 3.70%. Clerk of the Board of Bond Sale—The Education, Other members of the $550,000 build¬ syndi¬ will receive sealed bids until 10 ing bonds offered July 29—v. 178, cate: William Blair & Co., of a.m. (CST) on Aug. 7 for the pur¬ Chicago, Harriman p. 249—were awarded to a group Ripley & Co., chase of $7,000 school bonds. Inc., Foster & Marshall, of Seattle, composed of Boland, Saffin & Co., Dated Aug. 1, 1953. Due on New York Aug Braun, City, Ryan, Hanauer & Bosworth & Co., Inc., 1 from 1954 to 1960 inclusive. Co., and Van Deventer Bros., Inc., Boettcher & Co., of Denver, R. S. both of Newark, Dickson & Co., of Chicago, J. M taking $549,000 Yazoo County (P. O. Yazoo bonds as 3V2S, at a price of Dain & Co., of 100.27, Minneapolis, Har¬ City), Miss. a basis of about 3.45%. Bond Offering—D. S. Shackel¬ ris, Hall & Co., Piper, Jaffray & ford, Clerk of the Board of Super¬ Hopwood, of Minneapolis, John Runnemede Sewerage Authority visors, will receive sealed bids un¬ Nuveen & Co., of Chicago, Alli¬ (P. O. Runnemede), N. J. til 10 a.m. (CST) on Aug. 14 for son-Williams Co., of Minneapolis, Bond Sale—An issue of Stern Bros. & the purchase of $300,000 $1,400,Co., of Kansas City, indus¬ of Memphis, jointly, as Co., both 3y4s. sioners, 3y2s, at as a price of par. — to plant 1954 1960 inclusive; $120,000 3V4S, due on terest of 1% from bonds. to 1974 Due serially Berkeley School District, Mo. Sale—The $850,000 school Bond Aug. Feb. 15, offered July 28—v. 193—were awarded headed G. by H. of St. to Walker group & Co., price of 100.007, Louis, at a net interest cost of about a 178, p. a 3.88%, $95,000 4s. Due Feb. on 15 from 1954 to 1957 inclusive. 155,000 3V2S. Due 1958 to & Co., of Minneapolis, Security Bank of Utah, N. A., Salt Lake City, Milwaukee Co., of Milwaukee, Edward L. Burton & Co., of Salt Lake City, Bosworth, Sullivan 1962 Feb. 15 from on Feb. 15 from on of St. Paul. Feb. on 9 (P. O. Opheim), Mont. Bond Sale—The $100,000 build¬ ing bonds offered July 27—v. 178, p. 249 — were awarded to the Board sioners, Other members of of Land 3V4s, at as a par. Dodge County Sch. Dist. No. 46 the (P. O. Dodge), Neb. group: Bond Offering — Lloyd L. Newhard, Cook & Co., St. Louis, Pospishil, Attorney for the Dis¬ 55,000 garbage disposal plant rev¬ Stern Bros. & Co., of Kansas City, A. G. Edwards & enue bonds to Sons, of St. trict, reports that sealed bids will J. M. Dain & be received until 7 p.m. (CST) Co., of Minneapolis, as 3V8S, at Louis, City National Bank & Trust on Aug. 7 for the purchase of Co., Commerce Trust Co., Lucas, a price of 100.03, a basis of Eisen & Waeckerle, all of Kansas $25,000 school bonds. about 3.11%. City, Stifel, Nicolaus & Co., and NEVADA 1954 to Thief Bond Aug. 15, 1955. River Falls, Minn. Dempsey-Tegeler Dain & Riverview Gardens School District (P. O. Baden Station, St. Louis), Missouri Co., of Minneapolis, as price of 100.09, a basis of about 3.08%. a Bond 000 Sale—An school bonds issue was $800,- Aberdeen, Miss. sold of to fered St. were awarded Finance, 177, to the p. 2621—were State Board of 3V2S, at as St. Louis. 24 22—v. awarded to National Bank July 1, 1953. Due in 40 kins, Legality approved by Haw¬ Delafield & Wood, of New York City. Other members of the 5 group: Allen & Co., of New York, Stroud & Co., of Philadelphia, J. B. Han¬ auer & Co., of Newark, McDougal & Condon, of Chicago, Ryan, Hanauer & Co., of Newark, R. D. White & Co., of New York, and Seasongood & Mayer. Stanhope School District, N. J. Bond '* Offering—Samuel M;eyerson, District Clerk, will receive sealed bids until 8 p.m. (DST) on Aug. 11 for the purchase of $110,000 building bonds. Dated June 1, 1953. Due on June 1 from 1954 to 1973 inclusive. interest (J-D) Citizens Principal payable National Bank at of and the Net- Legality approved by Haw¬ & Wood, of New City. cong. kins, Delafield York a price of NEW Bond sewer Louis County, Ferguson Reor¬ ganized School District R-2 (P. O. NEW YORK Alfred, Almond, West Almond, Ward, Hornellsville & Hartsville. Central School District No. (P. O. Almond), N. par. Bond Dated 1, 1953. Legality approved by Charles & Trauernicht, of St. Sale—The $200,000 indus¬ trial plant construction bonds of¬ July obligation hospital bonds offered HAMPSHIRE Claremont, N. H. Sale—The $159,333 water, and July 28 highway bonds offered 178, p. 342 — were Peoples National Bank of Claremont, as 2.30s, at a price of 100.10, a basis of about awarded — 1 Y. Sale—The $425,000 build¬ ing bonds offered July 30—v. 178, June Bond the First-Columbus Washoe County (P. O. Reno), Nev. Bond Sale—The $250,000 general June of Dempsey-Tegeler & Co., Louis, as 3V4s and 3V2S. MISSISSIPPI City. Dated years. Co. & Sale—The $200,000 hos¬ pital bonds offered July 23 — v. 178, p. 193—were awarded to J. M. 000 sewerage revenue bonds was sold to a group headed by Boland, Saffin & Co., New York Commis¬ price pf NEBRASKA 15 from 1968 to 1973 inclusive. - Valley County School District 1963 to 1967 inclusive. 385,000 4s. Due Co., of Denver, Con¬ Co., and Harold E. Wood & Co., both State inclusive. 215,000 33/4s. Due & tinental Bank & Trust Co., of Salt Lake City,. Shaughnessy & No. follows: as K,alman First inclusive. MISSOURI bonds Minneapolis, 1955 trial The bonds bear additional in¬ $1,200,000 which St. sive. Bond Sale—An issue of a 15 from 1961 to 1964 inclusive. 3.10s, at inclusive. 100.17, 3.36%. composed of Kalman Co., from and American National Bank, and the Northern Minnesota National Bank, both of Duluth, jointly, as follows: Supervis¬ Industrial Plant bonds was sold to the Union Planters National Bank and Herman Bensdorf & Minneapolis, Paine, Webber, Jackson & Curtis, of Chicago, Harold E. Wood & Co., Juran & Moody, both of St. Paul, and E. J. Prescott & Co., Minneapolis, as follows: $80,000 3s, due on Aug. 15 Sale—The $140,000 bonds July 21—v. 178, p. 193— awarded of obligation gar¬ disposal plant bonds to group & (P. O. Nashwauk), Minn. offered St. of MONTANA County (P. O. Holly Springs), Miss. Allison- general trust designated by the suc¬ cessful bidder. Legality approved fby Dorsey, Colman, Barker, Scott •<& Barber, of Minneapolis. Bond Co. to 3.40s, at price of as bage County Ind. Sch. Dist. No. of im¬ assessment bonds basis of about company dtasca the on of from follows: as provement pay¬ able at any suitable bank Park, Minn. Sale—The offered toids until 1953. Charles to Bank, on — Bond Minnesota — as 1, sold was of as 33/4s, at a Aug. 6 for the price of 100.50, a basis of about $100,000 building 3.68%. Due $20,000 annually on July 1 from 1954 to 1973 inclu¬ (CST) group Dain & Co., of 2.90s, at a price basis of about 2.88%. members Board Marshall M. Allison-Williams the will receive sealed bids until a.m. p. as a Other to 178, Legality approved by Dorsey, inclusive. Bonds maturing in 1964 Colman, Barker, Scott & Barber, and thereafter are callable as of of Minneapolis. July 1, 1963. Legality approved by Dorsey, Colman, Barker, Scott jflennepin County Consolidated Sch. & Barber, of Minneapolis. Dist. No. 142 (P. O. Bloomington), Offering 10 Miss. Offering—Royce R. Hart, of bonds. -der. Bond Bond Sale—The $575,000 school Minneapolis, of Brookhaven), purchase Minnesota Louis, Bond Clerk County Indep. Sch. Dist. a.m. (CST) on Aug. 7 purchase of $75,000 school County, Bogue Chitto Con¬ solidated School District (P. O. ors, Louis 10 Lincoln of tional Bank, of Duluth, Piper, Jaffray & Hopwood, of Minneapolis, Douglas County (P. O. until City and the successful bidder. Legality approved by Dorsey, Col¬ man, bonds Community Bond Offering—Lonnie E. Mea- the 123—v. Bond Principal and in¬ banking in¬ mutually acceptable to Sale—An issue of $40,000 school school Due 1973 inclusive. Louis. bonds. inclusive. headed elec¬ offered Laurel), Miss. 1963 bonds offered $140,000 bonds County, Moselle Special Sannwald, . Bond 600,000 Maryland Heights), Mo. . Johns Cleveland 3V2S. as Consolidated Sch. Dist. (P. O. terest payable at any 249 revenue the for the Bond Bond Jones and jointly, improvement bonds. Dated Aug. 1, 1953. Due on Aug. 1 from 1954 to 1969 inclusive. Adrian, Minn. 1953. 2, Cleveland, State Bank, dor, Clerk of the Board of Super¬ visors, will receive sealed bids April 1 from on Aug. City Clerk, will receive sealed bids until 7:30 p.m. (CST) on Aug. 4 for the purchase of $150,000 local No. 21 MINNESOTA an of are New Ulm, Minn. inclusive. .270,000 3s. Due tric interest. certificates of Vicksburg Community Schools, School District, Mich. . The St. Louis County, Maryland Heights Sch. Dist. (P. O. 53 v. p. 342—were Stuart & Co. awarded to Halsey, Inc., and George B. Gibbons & Co., both of New York, jointly, as 2%s, at a price of 100.25, Ferguson), Mo. a basis of about 2.72%. Offering—Margaret Pat¬ terson, Secretary of the Board of 2.27%. Bedford, Cherry Street Water of Minneapolis, as follows: Education, will receive sealed bids District, Extension No. 1 Nashua, N. H. 3j>600,000 3.20s. Due on Feb. 1 from Brookhaven, Miss. until 8 p.m. (CDST) on Aug. 4 (P. O. Katonah), N. Y. Bond Offering—Alfred O. PouBond Sale An issue of $84,- for 1955 to 1962 inclusive. the purchase of $1,000,000 Bond Sale The $6,000 water lin, City Treasurer, will receive <600,000 31/4S. Due on Feb. 1 from 638.59 3% special street improve¬ Jbuilding bonds. Dated Aug. 1, sealed bids until noon (DST) on construction bonds offered ment refunding bonds was sold to 1963 to 1969 inclusive. July 21 1953. Due on Feb. 1 from 1956 M. A. Saunders & Co., of Mem¬ to 1972 inclusive. Aug. 6 for the purchase of $633,- —v. 178, p. 194—were awarded to Principal and Min neapolis, Minn. 000 bonds, divided as follows: phis, and Allen & Co., of Hazel- interest payable at the St. Louis the Chappaqua National Bank, of Certificate Sale—The $3,000,000 hurst, jointly. Dated July 1, 1953. Union Trust Co., St. Louis. Le¬ $33,000 equipment bonds. Due on Chappaqua, as 33As, at 100.16, a certificates Of indebtedness offered Legality approved by Charles A gality Aug. 1 from approved by Charles & apolis, American National Bank of 3St. Paul, and E. J. Prescott & Co., of Columbus, as 3s. The bonds mature serially from 1954 to 1978 inclusive. Bond to the — — , 1954 to July 28 •;were awarded to the Trauernicht, of St. Louis. Trauernicht, of St. Louis. clusive. 1963 in¬ basis of about 3.72%. , The Commercial and Financial Chronicle 54 Onondaga, Spafford and Otisco Central Sch. Dist. No. 1 (P.O. Offering:—W. Alvord Finn, Bond Lenoir & Manufacturers port National Bank. Legality ap¬ proved by Vandewater, Sykes, Heckler & Galloway, of New York City, City. Traders and R. D. Lisbon, Canton, No. Bacon, Stevenson & Co., White & Co., all of New 3s, at a price as of 100.19, basis of about 2.98%. a Offering and water offered bonds garage July 23 were awarded to Roosevelt Gardner, District Clerk, will re¬ & Cross, of New York City, as ceive sealed bids until 2 p.m. 3V4S, at a price of 100.22, a basis (DST) on Aug. 6 for the purchase of about 3.21%. of $1,450,000 building bonds. 28,500 Heckler & Galloway, of New York The Dist. No. 7 Depew), N. Bond Sale—The (P.O. Y. $2,100,000 build¬ 1967 t May dated are interest and Principal composed Kidder, Peabody of J. & of price 100.47, 3.24%. about Gates Dist. No. 7 Free Sch. Union (P. O. Rochester 6), N. Bond Sale—The Y, $600,000 build¬ ing bonds offered July 29—v. 178, p. 342—were awarded to a group composed of Roosevelt & Cross, New York City, Manufacturers & Traders Trust Co., Buffalo, Bacon, Stevenson & Co., New York City, John and J. Rochester, 100.58, DeGolyer 3.20s, at as a Co., of price of basis of about 3.14%. a duPont Su-1 Sale—The $95,000 Chas. Co., Clerk Sch. Dist., N. Y. Offering (DST) p.m. Jan. inclusive. July 15, Principal (J-J) payable Bank & Due 1983 to interest and Chemical the at Trust 1953. 1955 from 15 York New Co., kins, Legality approved by Haw¬ Delafield & Wood, of New Walworth 1 (P. O. Penfield), N. Y. build¬ Sale—The Bond build¬ $20,000 Brook Bank of p. Freeport, 2.90s, at a price basis of about 2.89%. of curity as 342—were awarded to the Se¬ Trust Co., Rochester, as 2.90s! at a price of 100.10, a basis 2.88%. of about Hempstead, West Hempstead Hempstead Gardens Water Dist. New Bond bonds Rotterdam offered July 28—v.' 178, p. Brook National Bank of 2.70s, at a price 1 Freeport, of 100.14, N. 178, p. as 342—were Bond Offering John — J. Etu, Village Clerk, will receive sealed bids until p.m. (DST) on Aug. 14 for the purchase of $161,000 water 1953. to Due 1970 interest First Falls. bonds. on Dated Sept. inclusive. (M-S) National rich, 1 Sept. from 1, 1954 payable Bank of at and the Hudson Legality approved by Haw¬ — of in Y. the Board Verona, 1954 to cipal and at the Sherrill, & Aug. on of Schools' until 2 p.m. 12 Dated July 1, 1953. 1973 inclusive. Bonds callable are First or (J-J) pay¬ suitable bank or trust company designated by the suc¬ cessful bidder. Legality approved by W. F. Reichart, of Dickinson. (J-D) National payable Bank of at the Chemical Bank Trust Co., New York City. Le¬ Bond from 1 June on to 1963 and 1 works in¬ 1969 the 1970 from 1 in¬ 1984 to of Fenner Pierce, & Mayer, Ellis & Co., Fox, Reusch & all Cincinnati; of Brownell & Grant Sch. Local $60,000 250—were awarded Harris Ohio M. bids Strana- to Co., of Toledo, & works bonds. Due Sch. (J-D) Bank, proved by OKLAHOMA Bond Clerk Offering—Helen the Board receive sealed of J. bids Williams, of Cincinnati. Bond Sale — The Dated Aug. from 1 Due 1, 1953. 1954 Town bids Parma improvement bonds offered July 178, p. 250—were awarded to the Providept Savings Bank & Trust Co., of Cincinnati, as 3V4S, at a price of 100.18, a basis of about 3.21%. rejected.) were Offering Clerk, elusive. (P. O. Bond Clerk Offering No. the of the for July $1,050,000 the p. which award .of had to be canceled due to in is dis¬ $900,000 bonds sold the sale 11 (P. O. Claremore), Okla. Bond until notice.—v. purchase and Due bonds. Dated Oct. on inclusive. terest $44,114.14 1 im¬ sewer from Aug. 1, 1954 to Principal and in¬ (A-O) payable at. the Trust Co., Cleveland. Cleveland Legality by approved Squire, Sanders & Dempsey, of Cleveland. Seaman Local School District, Bond Offering of — J. the Board receive O. of sealed until 8 15 the for sewer noon Due purchase bonds. on Dec. inclusive. (EST) Aug. on $260,000 of Dated June 15, 1953. 15 from Principal 1954 to 1978 interest and (EST) Dec. clusive. office. by Peck, of New York Cincinnati. Legality . - 1954 Principal building 1977 Bond sealed v. 178, p. 250—were to from S..~ Maxwell, — bids until 10 a.m. (CST) Aug. 18 for the purchase of $7,616,000 bonds, divided as fol¬ lows: $1,075,000 limited bonds. facilities access Due from 1955 to 1978 inclusive. 300,000 J- grade Due from separation 1955 sive. 1974 to *' • bonds. inclu¬ - * 1,900,000 water works bonds. Due from 195-3 2,100,000 Due from inclusive. 1978 to sanitary 1956 sewer to 1976 bonds. inclu¬ sive. 1,025,000 Due storm from sewer 1955 to 1975 bonds. inclu¬ sive. 400,000 . ■ ment * fire station bonds. and Due equip- from 1955 to 1974 inclusive. 116,000 traffic signal bonds. Due 1955 to 1965 park -bonds. inclusive. Due from 1955 to 1977 inclusive. sewer awarded Due inclusive. Offering 700,000 and drain bonds offered July 27— bonds. 1958 to on and Sale—The $150,000 1958 Smith, City Auditor, will receive in¬ Heights, Ohio equipment 1956 to Tulsa, Okla. Bond 7 to Due from inclusive. from Shaker approved Shaffer & Williams, of from Aug. interest (J-D) payable at the Winchester Bank, Winchester. Legality ap¬ proved by Peck, Shaffer & Wil¬ liams, of Cincinnati. (J-D) payable at the City Treas¬ urer's 1 on Aug. 3 follows: bonds. Education, bids on. , as Ohio Kendall, bids sealed (CST) transportation 1956 of sanitary provement Mc- purchase of $13,700 bonds, Offering—Joseph S. Lime, storm receive p.m. $10,000 3,700 the Walter — divided 178, Auditor, will receive sealed bids until noon (DST) on Aug. 20 p.m. will 7:30 for .the Parma, Ohio Bond Offering cation, error an 343. bond sub¬ were Education,* Clurg, Clerk of the Board of Edu¬ purchase of 17, bids 2,- no of Board on until Weitz, sealed mitted.) Wanek, will receive sealed bids until Aug. will Conrad Rucker, H. bids — M. E. receive will J. — City Auditor, will receive sealed Offering Okla.>, — Rogers County Indep. Sch. Dist. Ohio for the purchase of $125,000 building bonds. Dated Aug. 1, 1953. Due Bond to (At the previous offering June on Brooklyn Station, Cleveland 22), Clerk Cheviot, Ohio — Nov.' works extension and improvement Due from 1956 to 1977 inT on City School District 1953. 25—v. July 22 awarded Co., of Oklahoma City. Mounds, Bond » $85,000 sanitary 250—were p. . inclusive. 1 bonds. 1976 to (At the previous offering on June 16, 1963 road $20,000 gas Okla. offered bonds 178, Finn, 8 were ! July 23.—v. 178, p. 194. Honnold & until bids $1,100,000 (EST) on Aug. 3 for the pur¬ bids until 7:30 p.m. (CST) on Aug. chase of $58,000 building bonds.- 4 for the purchase of $45,000 water for & the distribution bonds offered system v. Education.J of for p.m. payable at the Citizens National Bank of Ripley. (J-D) Okla. Sold—No Not submitted City interest Shaffer & Wil^ Peck, liams, of Cincinnati. Bond Sale—The (P. O. R. D. 4, Warren), Ohio 1977 Principal and interest payable at the Winchester Winchester. Legality ap¬ Marlow, Dist. 1954 to inclusive. sewer Local Bazetta Neel, Dated Aug. 15, 1953. 15 from Dec. on basis a T. noon (EST) on Aug. 7 .purchase of $38,000 water as about 3.66%. will — until the for Bonds build¬ price of 100.82, a on Village Clerk, will receive sealed Ohio Dist., ing bonds offered July 25—v. 178, han, of Aug. 1, 1953. Due Offering of Dayton; and Simon, of Cleve¬ & Sale—The Bond Emma Board 1954 to 1974 inclusive. Chickasha, Moscow p. the Winchester, Bond Co., Borton Ross, from 1 the Co., of Cincinnati; First Securities Company of Chicago; Goodbody & Co., Mary — of purchase of $272,000 building Dec. Beane, both of New York; Baxter Wil¬ liams & Co., of Cleveland; W. E. Hutton & Co., Shearson, Hammill & Co., both of New York; Fahey, Clark & Co., of Cleveland; Pohl & Lynch, Clerk bonds. Dated syndi¬ C. J. Devine & Co., Merrill cate: Offering Interest J-D. members Other July 15. 1953. Due on Dec. 15 from 1954 to 1973 inclusive. Principal and 1, . Education, will receive sealed bids until 8 p.m. (EST) on Aug. 10 for 3,415,000 314s. Due on June 1 and purchase of $22,000 water assessment bonds. Dated the for July . (P. O. Dublin), Ohio in¬ 1962 to clusive. on Village Clerk, will receive sealed bids until noon (EST) on Aug'. 14 Yo^k City. 1955 Due tinct from the Offering—Maude McLain, Bond dated are 1953. and 1 building bonds. This issue Ohio Aberdeen, gality City. bonds Bailey, 3s. Dec. 19 OHIO semi-annually 1954 to Sept. 1, inclusive. 1, 1963 able at any kins, Delafield & Wood, of New ^ as Principal and interest approved by Sullivan, Donovan, Heenehan & Hanrahan, , and thereafter of July 1, 1968. 1969 1982 inclusive. Prin¬ interest building $67,000 of for the pur¬ chase of $2,290,000 building bonds. Dated June 1, 1953. Due on Dec. 1 (DST) the pur¬ bonds. Due on July 1 28 for Aug. on of John H. Det- the Superintendent from Principal Offering President office Clerk, will re¬ bids until 2 p.m. chase Education, will receive sealed bids at 3:30 City School District, N. Bond Mc¬ Arlington Heights, Ohio 3.30s, at a price of par. Sherrill Falls, Ruth D. — June on from 1 645.000 New District sealed (CST) water basis of about 2.67%. Hudson Offering Due March from The improvement Washington Local School District Due 4s. 3%s, at Special School District No. 9 (P. O. Mott), N. Dak. 1963 inclu¬ . bonds. 173, clusive. County, New England Hettinger 1, street 25,156.99 system first mortgage reve¬ Dec. of fer awarded to the State Comptroller, Y. a 26—v. 1965 March to sive. bonds offered July 29—v. $440,000 DAKOTA NORTH Y. system construction bonds offered July $25,000 to Legality approved by Peck, Shaf¬ 5, (P. O. Sale—The $120,000 Bond $114,000 water 342—were awarded to the Meadow as No. Dist. No. Schenectady), N. York Sale—The Water Extension (P. O. Hempstead), and 2V2S, due on June 1 from to 1969 inclusive. and Central Sch. Dist. No. Macedon 1960 , Perinton, Penfield, from inclusive; 1964 , Ohio follows: as to 1 June on $44,156.99 of $19,000 storm sewer bonds. Due semi-annually from March 1, Co., of Chicago, at a price of 98.04, net interest cost of about 3.34%, 2lAs, $25,000 inclusive; 1959 1955 from 1 June on due City. City. Meadow a due receive scaled a 6s, $10,000 Jones, (EST) on Aug. 10 purchase land. bonds: sewer the from 1955 to building maturing in ing bonds offered July 28—v. 178, 100.04, 60,000 for 11 $1,050,000 Dated bonds. Aug. on of purchase 1973 1977 inclusive. to ceive Scott, E. receive sealed bids until 3:30 will on J. — the Board of Education, of to $125,000 and inclusive; 2V2S, due on June 1 from Bond 3.29%. about 1965 from 1 A. follows: as 250—were awarded to a syndi¬ headed by Glore, Forgan & E. ing bonds offered July 29—v. 178, p. 342 — were awarded to the National 1972 2Vis, $140,000 2%s, 1 June on to the for 1960 to Co., of New York; Seasongood & June 1 from inclusive; 1964 1955 $65,000 inclusive; due , Hempstead Union Free Sch. Dist. No. 29 (P. O. Freeport), N. Y. Bond 1959 $50,000 6s, from 1 June on due on j bonds: water I. York Legality ap¬ proved by Hawkins, Delafield & Wood, of New York City. cost Stevenson Bacon, Peekskill City Nathan L. H. Town Co., Weigold & Co., B. J. Van Ingen & Co., and Tilney & Co., all of New York City, as 3.30s, at a price of 100.03, a basis & Bond the price of 100.07, a net interest of about 2.69%, as follows: a Donald, Bennett, Town Clerk, will receive sealed bids until 11 a.m. (DST) on Aug. 11 for the purchase of $130,000 jetty reconstruction and ex¬ tension bonds. Dated Aug. 1, 1953. Due on Aug. 1 from 1954 to 1979 inclusive. Principal and interest (F-A) payable at pervisor's- office. & Francis Inc., Co., & Gibbons Wachovia the to 342— p. Chi¬ special assessment bonds, divided in¬ clusive. Co., Winston-Salem, Bank & Trust at 178, 28—v. will bids until noon cate interest $440,000 bonds Wert, Ohio City Auditor, Sale—The $4,500,000 sew¬ Bond Inc., price of 100.11, a Offering—John 1954 Dec. July Van to 1954 and Co., & basis of about 2.22%. a Bond payable at the Citi¬ and Savings Co., (J-D) Middletown, approved Pershing, of New awarded were ing bonds offered July 29—v. 178, p. 342—were awarded to a group composed of Halsey, Stuart & Co., Roosevelt & Cross, George B. of New York — offered from 1 Principal Conneaut. Legality & Sale—The Bond street $30,000 Oyster Bay Union Free Sch. Dist. No. 17 (P. O. Hicksville), N. Y. Bond Sale—The $1,080,000 build¬ Hempstead, East Atlantic Beach Park Dist. (P. O. Hempstead), Bond Offering office. Mitchell York City. Dec. on 214 s, at 7 Banking zens (J-J) payable at the State Treas¬ as 2'As, at a price of basis of about 2.21%. a Due 1953. and Principal by Due inclusive. terest 1958 to 1973 in¬ from 1 clusive. City, 100.11, of basis a York 1, Dated July on improvement permanent July 250,000 bonds. due improvement bonds offered July 28—v. 178, p. 342—were awarded to Roosevelt & Cross, .of New Weeks, Freeman & Co., Rand & Co., and Wm. E. Pollock & Co., all of New York City, as 3.30s, a Sale—The Bond R. & at 19 for the purchase of $14,- Aug. Norwich, N. Y. W. Pressprich & Co., B. Van Ingen & Co., Hornblower Co., will receive Treasurer, $380,000 342—were awarded to a group 1953. 1973 p. Gill, Edwin — until bids (DST) on Aug. 11 for the purchase of $350,000 school house construction bonds. Dated Aug. 1 erage (State of) sealed bids until 11 a.m. (EST) on City. ing bonds offered July 29—v. 178, p. State 1, payable at the Sullivan County Trust Co., Monticello. Le¬ gality approved by Vandewater, Sykes, Heckler & Galloway, of sealed p.m. Winston-Salem, N. C. bonds York York City. Offering urer's (M-N) New (EST) a.m. Bond clusive. and Lancaster Union Free Sch. 1954 to bonds. Due on from 1954 to 1967 in¬ 1 1953. % from garage May City. Cheektowaga Due inclusive. the Chase National Bank, New York City. Legality approved by Vandewater, Sykes, Canton, or at bonds. 1 May on Principal and interest (M-N) pay¬ able at the First National Bank of works water $28,000 inclusive. 1982 to Sale consisted of: Due on May 1953. Dated July 1, 1 from 1954 11 Stuart of Education, Board receive will nue J. Maurice — on Aug. 4 $410,000 public hospital bonds. Dated May 1, 1953. Due on May 1 from 1954 to 1962 inclusive. Principal and interest (M-N) payable in New York City. Legality approved by Reed, Hoyfo Taylor & Washburn, until North Carolina $56,500 Sale—The Bond works Easter- E. for the purchase of Monticello, N. Y. (P. O. 1 W. — sealed bids at his office in Raleigh, of New Potsdam Cent. Sch, Canton), N. Y. Bond & Roosevelt Buffalo, Co., Cross, York, Pierrepont, Oswegatchie, and DeKalb Dist. Trust Offering Prait, D. R. — of the Clerk Bond Offering Bond Carolina ling, Secretary of the Local Gov¬ ernment Commission, will receive (P. O. Conneaut), Ohio O. Kinston), County (P. North Marcellus), N. Y. receive sealed Bond Sale—The $789,000 build¬ bid's until 2 p.m. (DST) on Aug. 4 for the purchase of $812,000 ing bonds offered July 24—v. 178, building bonds. Dated May 1, p. 194—were awarded to a group 1953. Due on Nov. 1 from 1954 to composed of Marine Trust Co. of 1982 inclusive. Principal and in¬ Western New York, Buffalo, Blair, & Co., Inc., New York terest (M-N) payable at the Bell- Rollins District Clerk, will Halsey, cago, as Lakeville Local Sch. Dist. CAROLINA NORTH Marcellus, Skaneateles, Camillus, Bellport), N. Y. No. 28 (P. O. O. Free Sch. Dist. Union Brookhaven ► Monday, August 3, 1953 ... (534) Separate bids must be made each issue. on \ Number 5243 Volume 178 The Commercial and Financial Chronicle ... (435) for OREGON I the State for 5 the building 1953. bonds. Due Jan. on interest Bond Offering—Louise inclusive. City bids 11 for Bond Offering — Carl Schwab, District Clerk, will receive sealed bids until 8 p.m. (PST) on Aug. extension interest Grove, Ore. M. Edwards, Offering—J. of and §275,000 water main water Sept. 1, 1953. 1954 to callable 1964 of as M-S. Dated Bonds ma¬ thereafter and Sept. 1, 1963. Legality Winfree. McCulloch, Sayre, of Portland. Offering baugh, District ceive sealed (PST) Donald — Clerk, PENNSYLVANIA Bond by & Offering District, Pa. — Robert Ash, Secretary of the Board of School ; Directors, will receive sealed bids 'until 7:30 p.m. (DST) on Aug. 10 Tro- will until bids Aug. 1, 1953. re¬ 8 1954 p.m. 1, 1955 1953. to Due Jan. on inclusive. 1964 1963 interest Due inclusive. payable at Principal sealed the First Aug. Coaldale from Bond March Due School District, Pa. will Bond Smith, City Recorder, will receive sealed until for sewer Due 8 (PST) purchase on ' Callable on after or from date of issue. Sch. Princi¬ County Union High Dist. No. 3 bonds ' offered July 20—v. awarded to Bank of Coal- & Munson, of Phil¬ obligation Denver Bond Shaffer price DAKOTA Sale—The $18,000 June bids until 9 a.m. (PST) on Aug. 7 177, p. awarded to Gefke & Falls, a as 3s, at basis of about a H. to of Amarillo, July 1 at July 1, Dated 1 100.69. J-J. (P. works water bonds Co., and sold was eral sewer July were Mason Legality Louis Pauls Sept. approved & 1, Vin¬ by County, a group com¬ Northwest Co., Dis. No. (P. O. Shelton), Bond Sale The — Pacific Sch. 402 Foster, ceive South Bond Sale—A group 118 Bend), Sale—The 3V2S, at 305 from 1955 cipal and (P. O. Everett), composed Canada (Dominion $40,000,000 were $500,000 Pres¬ Hospital bonds of¬ 177, of p. Kingwood, 3s, as par. WISCONSIN Colfax Bond Joint Sch. Dist., Offering—John District Wis. Hammer, Clerk, will receive sealed bids until 8 p.m. (CST) on Aug. 7 for the purchase of $62,000 build¬ bonds. on Dated July 1953. 1, July 1 from 1954 to 1969 inclusive. Principal interest and Bond Texas and Corp., all of San Antonio, Rowles, bonds, a Winston 3s, at as & purchased Houston, a of price of 100.03, basis of about 2.99%. sisted Co., $700,000 Sale con¬ of: Legality ap¬ proved by Chapman & Cutler, of Chicago. a syndicate (Village and Town) Joint School District No. 4 (P. O. Dane), Wis. <? asgts \ % n CO ! water and im¬ sewer provement bonds. Due on July m * 1 from 1954 to 1969 street 250,000 inclusive. improvement bonds. Due 1954 to 1969 inclusive. July on 1 from Dated July 1, 1953. Interest J-J. Legality approved by Dumas, Hu¬ guenin & Boothman, of Dallas. Bond Town Sch. Treasurer, sealed and auction Lodi, Vt. will receive will (CST) bids at 2 on June 1, 1953. Due on June 1 from 1973 inclusive. to Eau Claire, mortgage offered were awarded to p. 252— group com¬ York tional Other Boston, 30 State St., Boston, until 11 a.m. (DST) on Aug. 6 for the purchase of $250,000 school bonds. Dated July 1, 1953. Due on July 1 from 1954 to 1973 inclusive. Principal and interest (J-J) payable at the Merchants National Bank of Bos¬ ton, or at the Bellows Falls Trust Co., Bellows Falls, at the option of the holder. Legality Thorndike, Dodge, of Boston. Storey, approved Palmer by & in various uncondition¬ are members of the syndi¬ Gundy &l Co., Bell, Co., Dominion Se¬ Corp., Mills, Spence & Wood, curities & Co., A. E. Ames & Co., Royal Se¬ curities Corp., Midland Securities Corp., Dawson, Hannaford, Ltd., Cochran, Murray & Co., Harris & Co., Ltd., Fry & Co., Matthews & Co., Collier, Norris & Quinlan, R. A. Daly Co., Ltd., Gairdner & Co., Ltd., W. C. Pitfield & Co.; J Burns Bros. & Denton, Ltd., Har¬ ris & Partners, Ltd., James Rich¬ ardson & Sons, Equitable Securi¬ of Canada, Ltd., Anderson & Bond Corp., Bart& Co., Brawley, Bankers Cayley & Co., J. L. Graham & Co., Charles H. Burgess & Cq., Flemming & Co., and Walwyn, Fisher & Co. QUEBEC Dorien, Que. Debenture $150,000 of An — works issue of debentures to Rene T. Montreal, at net as Sale water sold was a Leclerc, Inc., price of 95.22, a interest cost of about 4.97%, follows: 4s. Due 1959 Dated Aug. on 1 from to 1958 inclusive. 142,000 4M>s. Due Blunt Ellis & Simons, Julien Col¬ of Canada to 1968 on Aug. 1 from inclusive. Aug. 1, 1953. posed of White, Weld & Co., New sealed bids c/o the Merchants Na¬ Bank of cities, Gouinlock 1954 a to McLeod, of Toronto. cate: $8,000 Wis. $1,400,000 water¬ revenue bonds July 29—v. 178, by ally guaranteed by the Province Legality approved by Daly, Thistle, Judson & Harvey, the p.m. Aug. 3 for the purchase of $22,000 building bonds. Dated 1954 sold was headed money receive until of) issue Weir & Co., of Toronto. Dated July 15, 1953. Due July 15, 1969. The bonds, payable in law¬ Joseph Jacob- Clerk, Bank, State works Dist., Offering—Harry W. Allen, District District son, — Bond Sale—The VERMONT Rockingham Offering An Young, Cathers ' Dane Bond $450,000 Colfax. of (Province — Commission bonds er Co., lett, of Sale of $25,000,000 4*4% Hydro-Electric Pow¬ ties First Oct. 23, 1953, at yield; and $5,000,000 April 23, 1954, at 2.588%. ONTARIO (J-J) payable at the Peoples State Co., due Ontario Bank & was 1.768% due of Russ An issue of Ontario. 2184— awarded to the Albright Na¬ Bank & of) — bills follows: as City, A. G. Becker & $310,000 3.14s. Due on Co., DIVIDEND NOTICE ZmZ lins & So., and Allan Blair all of Chicago, as follows: H525SE & Co., NATIONAL Aug. 1 from Due on Aug. 1965 to DIVIDEND from 1970 inclusive. 1 to 1973 inclusive. 240,000 2.90s. Due on Aug. 1 from 1974 to 1977 inclusive. 435,000 3s. Due on Aug. 1978 to 1983 inclusive. The Board SHOPS IXC. NO. 48 of Directors declared' a year-end dividend of ten cents a share in addition to the regular 155,000 2%s. Due on Aug. 1 from 1971 SHIRT OF DELAWARE, 1955 to 1964 inclusive. 260,000 3s. , ' Treasury July 23, on Canadian Sale—The 9—v. Scott CANADA ful County (P. O. Kingwood), W. Va. June p.m. 1964 inclusive. Prin¬ Colman, Barker, Barber, of Minneapolis. build¬ Preston Memorial 8 interest $35,000,000 Wash. $50,000 WEST VIRGINIA fered to sey, sold (P. O. 3.40s, at par. Bond until (J-J) payable banking institution designated by the successful biddqr. Legality approved by Dor- of Bend Bond Sale—The $65,000 build¬ ing bonds offered July 28—v. 178 p. 196—were awarded to the State, ton bids at any suitable con¬ Washington as W. re¬ on par. No. Raymond Clerk, will — Aug. 10 for the pur¬ chase of $60,000 building bonds. Dated July 1, 1953. Due on July 1 of the Columbian Securities Corp. Texas, sealed Snohomish County, Marysville Sch. Dist. (P. O. Roberts), Wis. District (CST) ing bonds offered July 22—v. 178, p. 100—were awarded to the State, as 1 Offering Wash. $32,000 South Dist. No. as basis a 2.78%. Treasury Bills Sold County, Wis. Chicago, price of 100.14, a about of par. ing Bond — Pioneer Consoli¬ Sch. Due Longview, Texas • of¬ revenue 1 Houston. to District, bonds offered July 28—v. 178, p. 252—were awarded to the First National Bank of Dist. No. 196 p. the Roberts (Village), Warren and Kinnickinnic (Towns) Joint Sch. gen¬ bonds 178, Pacific dated tional Elkins, Weems & Searles, of son, of 24—v. of Sale—The $298,000 school Bond $290,000 to Bank, as 3s, 100.27, a basis of Platteville School Wash. school awarded posed system and to Sale—The obligation 1977 of $59,000 Galveston. Dated of 1953. issue obligation inclusive. Seattle), fered at general O. Bond Legality County Water Control Sale—An 1973 awarded National price a 2.80s, at Aug. 1 from on a (P. O. Dickinson), Tex. Bond 2.85%. to Aug. 1 from on inclusive. 1969 (P. O. 66, about 2.97%. Bothell Joint Sch. Dist. No. 46 1953. 1954 to from Interest L. and Improvement District No. Co., of Sioux of Co., $100,- improve¬ sold was par. Galveston 2507—were price of approved by Dumas, Huguenin & Boothman, of Dallas. sewer Offering—H. 9—v. & of on inclusive. plant improvement bonds offered Glaisyer, Secretary of the State Highway Commission, will receive sealed bonds ment Arlington, S. Dak. > issue 000 5% water and sewer Due Oregon (State of) Legality City, Texas Sale—An inclusive. King and Snohomish Counties, building approved by Dumas, Huguenin & Boothman, of Dallas. Bond to 1970 to Interest M-N. inclusive. at as Aug. 1 from on 1964 32,000 3V2S. Due $80,000 Rotan, Mosle Moreland, of Houston, at a price of par. Dated May 15, 1953. Due on May 15 from 1955 to 1970 $350,000 gen¬ school bonds of¬ SOUTH of school sold was to State, at issue 3V4% and bonds July 23 were awarded to the Upper Darby National Bank of Upper Darby, as 3J/4S, at par. p. B. 1955 were — Waukesha struction and equipment bonds of¬ fered July 24 were awarded to the & Sale —The First National Bank of Portland. Bond 3% 3.41%, 2731 p. Bond $54,000 3V2S. Due Indep. Sch. Dist., Texas Sale—An Bond fered 178, the Elliott Bond eral 1 - Cameron Ridley Park School District, Pa. - (P. O. Sale—The $500,000 school 194—were National Legality approved by Town- adelphia. Portland), O re Bond First send, pal and interest (A-O) payable at the City Treasurer's office. Multnomah from dale. 2 1, 1953. Due on Sept. 1955 to 1963 inclusive. Principal and interest payable at the Dated Sept. 1, 1953. April 1 from 1955 to 1978 inclusive. Dated Sept. Aug. j 1 $95,000 of bonds. on years p.m. the 1954. about of Box 3, Bond Sale—The $46,000 build¬ ing bonds offered June 22—v. 177, follows: Dated Sept. 1, 1953. 5, cost 3.37%. Seddon, receive will TEXAS i ■ receive sealed bids p.m. (DST) on Aug. 3 for the purchase of $100,000 gen¬ eral obligation funding bonds. Glendale, O re. Offering — A. J. 13 interest noon (CST) on purchase of $1,- for the Commerce, Blyth & Co., and Foster & Mar¬ shall, all of Seattle, as 3%s, at a price of 100.06, a basis of about Offering—Palmer M. Ev¬ rectors, office. bids until 11 025,000 notes. Secretary of the Board of Di¬ ans, County Director, of of Seattle, and Blyth & Co., Portland, jointly, at a price of par, a net inclusive. Note Offering—Edward Executive until 17:30 bids R. T ennessee Aug. 1 from on 1967 to Bank 1965 Murfreesboro Housing Authority, National Bank, Avoca. Principal and interest payable at the Treasurer's 1 196—were awarded to the Na¬ tional 34,000 3V4S. Due George — chell, of New York City. building bonds. Dated 1 Oct. to and Aug. 18 for the purchase on of $198,000 Offering Principal and interest (J-J) payable at the Chase National Bank, New York City. Legality approved by Cald¬ well, Marshall, Trimble and Mit¬ Douglas County Sch. Dist. No. 116 for the purchase of $22,000 general (P. O. Dillard), Ore. I obligation funding bonds. Dated Bond Fayette¬ Legality approved by Chap¬ Cutler, of Chicago. 1954 Avoca School Inter¬ Shuler Bank, Knoxville, Tenn. are approved (J-J) payable at the County Bond Portland. of Sept. 1 from on 1973 inclusive. turing in est Due Dated Dempster, Mayor, will receive Principal and interest (J-J) pay¬ sealed bids until noon (EST) on able at the County Treasurer's Aug. 11 for the purchase of $500,office. Legality approved by Wim 000 storm sewer bonds. Dated free, McColloch, Shuler & Sayre, July 1, 1953. Due on July 1 from reservoir bonds. p. & man Dated Aug. 15, 1953. Due on Jan. 15 from 1955 to 1964 inclusive. City Recorder, will receive sealed bids until 8 p.m. (Pacific Standard Time) on Aug. 10 for the pur¬ chase Lincoln ville. purchase of $15,000 gen¬ obligation building bonds. eral Cottage Bond ing bonds offered July 27—v. 178. revenue July 1 from Principal on $120,000 build¬ $300,000 bonds. Due 1965 to 3 for the ' purchase of obligation and Sale—The Route Waukesha), Wis. Washington Bond Aug. Muskegon Joint School District No. 3 County, Evergreen Sch. Dist. No. 114 (P. O. Vancouver), sealed on inclusive. and land. receive (CST) p.m. 1954 (P. O. Echo), Ore. County Treasurer's office. Legal¬ ity approved by Winfree, McCulloch. Shuler & Sayre, of Port¬ will 1 Aug. 1, 1953. Umatilla County Sch. Dist. No 5 CJ the New Berlin and Clark Sullivan, the sewer Portland. and at Clerk, until general 1955 Principal payable (J-J) Sept. 1 from 1954 City Bank, New York City. Legality approved by Winfree, McColloch, Shuler & Sayre, of 1, Aug. from 1 inclusive. 1959 to Dated WASHINGTON 1 Fayetteville (Town), Tenn. tional Will receive sealed p.m. (PST) on Aug. purchase of $17,000 8 on TENNESSEE $32,000,000 Dated Sept. Principal and interest (M-S) payable at the Na¬ District Clerk, until Due 1966 to of highway bonds. 1, 1953. (P. O. Box 59, Hammond), Ore Bond Offering—Werner Holsten, bids purchase ' Clatsop County Sch. Dist. No. 6 55 1 from dividend of 20 cents a share quarterly on the common stock, both payable August 28th, 1953, to stockholders of record August 20th, 1953. Transfer bcoks will not be closed. SYLVAN COLE. Chairman of The Board. SSCl 60 *. r (436) « '•» - CANCER Say .here is to to yourself life-giving money help those stricken by Cancer to live again. every nickle and dime i give helps teach new thousands how to recognize Cancer and what to do about it. every quarter i give laboratories and scientists who <s.v.V helps support are dedicat- ing their lives to find the cause—and cure of Cancer. every dollar i send ment, establishes new buys new curing Cancer. Just write "CANCER" T containing your check on the envelope order. It will be Cancer Society office or money delivered to the American in your state. AMERICAN CANCER equip- facilities for treating and SOCIETY .4 'V )