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z UNIVERSITY MONDAY MICHIGAN OF 1952 AUG 5 ISSUE . The Commercial w Financial Chronicle IKMOS MWHSmilN tUUI Reg. U. 8. Pat. Office Volume 176 Number 5139 New York, N. Y., Monday, August 4, 1952 Price 90 Cents Copy a General Corporation and Investment News RAILROAD Akron, Canton & Youngs town RR.—Earnings—- June— Gross 1952 from Net ry. INSURANCE - 137,101 $378,834 80,886 28,430 48,339 80,700 2,781,259 2,367,153 2,483,599 765,443 894,138 751,168 672,744 331,978 322,053 403,310 The In This Issue 34,111 2,758,835 317,652 i >: Net railway railway from Net ry. —V. income oper. 176, 49. p. Stock and Bond Quotations 1952" Net from Net ry. railway 1951 $1,479,215 1950 $1,392,396 $1,297,372 300,761 333,496 272,584 75,401 47,625 100,852 53,308 income— Net from railway railway from Net ry. —V. Cincinnati Stock Exchange Detroit Stock Exchange Los Angeles 1,771,613 733,564 715,304 785,907 776,261 1952—3 Mos.—1951 $ Inc. before profits Fed. revs inc. & 122,036,493 & 129,845,353 244,326,336 254,691,881 20,897,823 28,877,818 43,992,516 taxes 10,078,716 18,648,005 23,358,745 10,819,107 10,229,813 20,633,771 Earnings Sales share per and affected by net $1.22 income conditions in $1.16 second arising from steel $2.33 of quarter strike 1952 but the adversely effect net on Federal 1951 income based are and excess profits taxes for first six months effective rate for entire year.—V. 175, p. 2373. on American Bank Note Co. from operations 1952 before depreciation Operating $1,159,974 75,418 59,718 income Total $826,511 Miscellaneous deductions *79,600 17,150 395,349 558,298 175, sell 12 of will will base Associates and A letter 500 of shares William stock notification of S. common Wasserman to be There is no offered in taxes Months SEC be on offered of of of p. provide and retire $3,904,739 $3,838,050 •On maintains order were 47 1,231,249 subscribed share $1.54 stock—V. $1.44 $1.67 share— $1.25 $1.25 $0.17 $0.18 $0.13 revised policy for consolidation. $To provide proper comparisons, figures have been revised to give effect to final 1951 income and profits tax rates.—V. 174, p. 1493. 1951 excess Colortype Co. Period End. June 30— Sales 1952—3 Mos.—1951 $4,881,265 earns, 175, $5,040,918 271,255 141,000 5,000 $130,255 $5,868 $157,868 $0.61 $0.51 5.000 —V. per com. share * V. American Encaustic Tiling Co., $0.02 $0.62 Profit after per taxes $1,957,520 545,687 \ 605,193 374,400 407,200 Net each results of successful, for new to the members. 757,700 175, p. five as the stock Net from Net ry. —V. $0.31 $0.53 $0.62 (after before shares held. for to are $15,000,000 to the company's In¬ Life 1952—6 Mos.—1951 $ $ $ -Earnings- 1951 1950 1949 $299,839 43,198 44,937 $233,783 111,903 47,963 $126,711 156,474 1,809,210 1,795,217 35,708 929,482 1,446,312 712,176 302,514 965,148 288,075 income 10,315 282,228 942,613 319,777 115,802 142. p. ry. Atlanta & West Point RR.—Earnings— June— $124,334 $529,735 1952 from $1.94 all of offering the 96,655 rights issued after Gross 1951 1950 1949 $360,928 $368,876 $342,338 $314,196 53,450 58,264 71,493 30,258 7,184 6,977 17,793 •7,096 2,306,751 2,275,796 392,454 1,988,678 477,362 341,630 1,998,657 217,362 133,334 railway 68,065 48,015 *8,850 railway oper. income from Net ry. railway railway from Net of additional oper. income shares to offered were stockholders. from expenses, the sale Hettleman not be Corp., exceeding used to New 35,000 of increase York, the capital of The the had been shares. and p. 142. stock Atlantic Coast Line RR.—Earnings— Period End. June 3— surplus.— Operating Provision for taxes equip. & 1952—Month—1951 1952—6 Mos.—1951 $13,722,001 $12,891,222 $92,242,330 $82,216,695 11,533,527 10,718,822 67,061,194 68,754,939 revenues expenses Rent of 1,075,000 1,225,000 15,325,000 7,450,009 355,648 309,979 2,253,744 2,397,818 $757,826 $637,421 478,419 41,865 444,607 $7,602,392 4,304,107 $3,613,938 4,515,888 2,366 173,989 45,697 499,657 436,075 3,014,634 2,529,433 $694,723 $643,587 $8,717,876 $5,554,696 joint facilities Net ry. oper. income Other income (Cr) deductions Fixed and conting. chgs. Misc. Net -V. inc. income 176, p. 50. Subs.)—Earnings— 1952—3 Mos.—1951 $ $ 53,670,000 7,319,000 taxes income: on $ 573,000 545,000 9,067,000 Puget Sound Power & Light Missouri Utilities Common and Preferred 1,159,000 9,991,000 19,935,000 Liberty Loan Common and Preferred and profit profits tax 2,633,000 Want Offerings Arkansas-Missouri Power Common $ 221,000 tax We 1952—6 Mos.—1951 74,632,000 107,801,000 147,496,000 19,517,000 17,127,000 39,406,000 3,734,000 normal excess Net Edward D. Iones & Co. 5,662,000 Members $396,512 229. 1042. Privately— 143,563 railway railway oper. 176, Net 2373. surtax Earns, $344,269 The 1952 ♦Deficit.—V. 176, company's $1,171,165, underwriter Fed. 815,000 $197,993 re¬ The $292,236 railway railway from 52,842 $0.45 through exercise of realized proceeds taxes Fed. $0.27 share 176, p. Gross from outstanding. since sales Profit 1952—6 Mos.—1951 $3,812,403 $3,834,897 1,101,969 1,211,512 $171,287 taxes) 'V. holdings to 46,461,969 290,225,285 277,347,999 4,281,889 33,099,753 29,091,081 3,962,592 30,382,533 26,670,841 6,030,042 income Net share American Viscose Corp. (& Inc.—Earnings— $1,895,455 the members 1— 52,842 common now State 3952—3 Mos.—1951 Profit before taxes Inc. & exc. profs, taxes ■Earns, shares Period End. June 30— Est. Period End. June 30— their sold with to of subordinated notes due in 1959. operations in 29 states and the Dis¬ of U. S. population is concentrated. 1858. p. Jan. $582,577 1J6, p. 141. 329,868 176, p. 229. Sales additional 6,454,270 oper. 1,532,977 950,400 The common stockholders of record July 10 were recently given the right to subscribe on or before July 31 for 99,000 additional shares of stock (par $1) at $2 per share at the rate of three shares 172,000 Prov. for income tax— profit be sold $8,812,688 159,667 Earns, 1952—6 Mos.—1951 $8,701,101 10,868 bring 1952—Month—1951 from 169,700 profits taxes common The $154,667 before taxes Net Subs.)—Earnings— be shareholder-members profits 346,876 excess American Mercury Insurance Co., Washington, D. C.— Rights Expired on July 31— for (& notification to present Co.—Notes Placed 51,643,654 Operating named American to will of stock to Atlanta & St. Andrews Bay Ry. $1.46 $1.25 company earnings have been restated to conform with the at branch income —V. $8,841,714 $11,539,835 dividends. common of 100% $1,895,611 $0.13 covering offered underwriting will be involved. increased working capital.—V. 171, p. an 129 income $177,176 applicable to per basis 1,673,923 $1.25 be No Net ry. oper. income Net Subs.)—Earnings— taxes preferred NOTE—The $2,164,127 •1949-1951 Net for income $2,038,820 . letter a $ June 15, '52 June 17, 51 income after $1,865,919 Earns, per sh. of unconsol subs not incl abve to From Jan. 1— *1949 $3,126,860 July 25 on par) $22,500,000 Period End. June 30— Gross Gross Net Net *1950 (& — •Earnings $4,853,455 Rubber Co. sales Provisions 2277. *1951 Hard Net profit before Fed. income and excess (& Wholly-Owned Subs.)—Earn. 1952 SEC (no p. 1121. _3 24 Weeks Ended— Net the and 3,000 shares of common Investment Co. of Philadelphia. the the through Gruntal & Co., New A7/8 Walsh, Sr., Chairman of the sold shares for Federal 1952 Provision for Fed. Income & Account, behalf American covering behalf 1329. Atchison, Topeka & Santa Fe Ry.—Earnings— 47 taxes July 22 in p. Co., Connecticut General Life Insurance Co., John Hancock Mutual Life Insurance Co., New England Mutual Life Insurance Co. and New York Life Insurance Co.—V. 175, From 2,855,665 per per the to 30-year program. Companies participating in the financing are Metropolitan Life Co., Mutual Life Insurance Co. of New York, Penn Mutual Gross $1,997,790 profit Earns, Divs. with $2) underwriting involved.—V. 175, American Chicle Co. Net (par Trust Six Mos. End. June 30— Profit before inc. taxes Income filed was stock mortgage expansion bidding.—V. 175, surance ry. 2373. 357. p. Insurance provision for funding the cost of past service benefits tinder the Employees' Pension Plan, which in the corresponding periods of 1951 amounted to $26,600 for the second quarter and $53,200 for the six months. However the company will be entitled to the same deduc¬ tion for Federal income tax purposes as If such provision had been made, since an additional contribution was made in 1946, for which no tax deduction could be taken at that time.—V. p. with common be in 12 share. used of trict of Columbia where 81% from 175, new There July 30. no American Bosch Corp., Springfield, Mass.—Files— first of long-term stock filed 24 will shares per be sum capital Net share. 174, in or for Co. company has placed $37,500,p00 of subordinated notes due in 1968 with seven life insurance companies, it was announced on Net common V. The $0.59 per used share James Associates Investment $0.31 profit its filed per shares shares six $100 proceeds $519,019 •Includes $15,000,000 common $21 July on 3,000 shares, is $334,412 Net be Elevator Capital Flotations for June and First Six excess profit share) per will 473; p. after competitive June— Net ($100 par Anderson 2585. p. six only quired 35 Statement of Member Banks of Reserve System Federal at proceeds the 172, finance was A of behalf company price 45 Condition Statement of Condition to help awarded class on covering holding 42 44 Reserve Banks 125,225 17,150 — dividend—Foreign subsidiary and foreign income and profits taxes, estimated income Combined $1,219,692 Preferred Federal 1951 to price Y., follows: as Clearings 46 Redemption Calls and Sinking Fund Notices_47 Dividends Declared and Payable 47 Foreign Exchange Rates 47 184,936 $751,093 profit Miscellaneous SEC General Corporation & Investment News-Cover State and City Bond Offerings 56 $1,344,910 170,036 — Exchange N. The 40 The Course of Bank $921,129 Depreciation to Associated Grocers' Co. of St. Louis, Mo.—Files— Miscellaneous Features of Co. The loan a notification of Board.—V. The (& Subs.)—Earnings— Six Months Ended June 30— Profit shares York, 41 SEC Index of Stock Prices income was more than offset by net profit after taxes, equivalent to 15 cents per share, resulting from sale of 200,000 shares of U. S, Steel common stock, entire holdings of American Natural Gas common, and some miscellaneous securities. of estimated an Exchange 35 Transactions New York Curb Exchange 35 Dow, Jones Stock and Bond Averages 35 National Quotation Industrial Stock Averages_35 $2.31 were Stock letter 500 39 Market Over-the-Counter Markets Transactions New York Stock 20,442,758 income With of notification with the SEC preferred stock to be offered to cumulative Elevator involved.—V. plans Sept. 9, 38 Toronto Stock Exchange—Curb Section 37,616,326 Net Ohio—Files Armstrong Rubber Co., West Haven, Conn.—Files— A 38 Exchange Exchange Stock Curb Toronto 58,059,084 profits exc. Montreal letter a credits. off pay company on 37 Stock Montreal exc. taxes inc. Stock Exchange Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange 1952—6 Mos.—1951 $ $ $ The 36 Midwest Stock Exchange Francisco to or The issue is to be 36 8,068,582 1,810,325 San acquired underwriting bonds 36 7,962,647 Corp.—Earnings Higher— for filed —36 1,899,052 Period End. June 30— oper. Exchange 9,686,928 176, P. 49. & Stock 15 Exchange 9,701,469 Allied Chemical & Dye Bales Curb 2,202,361 .' income oper. no 34 Boston From Jan. 1— Gross Maumee, Arkansas Power & Light Co.—Plans Bond Issue— 29 New York 1949 $1,646,931 254,611 railway oper. is New York Stock Exchange (Stocks) New York Stock Exchange (Bonds) July 18 on 3,000 shares of of the Anderson facilities Page June— from covering : exchange Alabama Great Southern RR.—Earnings— Gross company patrons from Corp., Securities and Exchange Commission— From Jan. 1— Gross MISCELLANEOUS - Anderson-Farmer 1949 $423,738 149,223 income— oper. INDUSTRIAL - ( 1950 $468,343 72,916 railway railway 1951 $405,332 from Net PUBLIC UTILITY - •Had New per com. the later became for to the first York Stock 3,364.000 6,320,000 7,515,000 12,650,000 Midwest Stock $0.75 $1.47 $1.70 *$2.95 Chicago Board share- provision taxes for applicable to six $2.70.—V. 175, months p. of 1858. the on full 1951 income year would been 1951, have made the been at rates earnings reduced New which per share from $2.95 York 300 St. Louis, Mo. (2) Curb N. Exchange Exchange of Exchange 4th 1 . Trade (Associate) STREET CE 7600 "■'"""I#. Chronicle The Commercial and Financial . . Monday, August 4, 1952 . ■to-H- (414) 2 to Sept. 15 President, has announced the extension of its offer to buy less-than-fifty-share holdings of its holders of record June 17. He reported that as of July 28 had tendered 13,227 shares.—V. 176, p. 230. Smith, W. M. expenses ___ Other that it has of the In¬ Act of 1940. which expires in October, 1952. M. Greenfield also owns beneficially his own in 175, investment an The company. securities investment from, mercantile and businesses.—V. 176, income income before taxes — taxes 'tocorne Net —. of per share •Loss.—V. 175, 1,347,889 outstanding shares Number Earned Federal ted. the of Earns, 1,318,000 dividends . 3,133,000 911,000 2*78,000 income before stock 2485. p. / par $15,598,000— U since commenced shows and holdings and bonds account 16.22%; for 63.65% stocks, bank a of 0.597®; total ana holdings; inaustnal market value of $15,598,- 2070, ry. — •- outstanding-— *22,119 *83,863 *113,774 *146,591 1,403,000 1,117,000 1,009,000 *335,716 *116,118 *310,443 *735,du2 *505.567 *664,460 *477,479 *787,915 51. Higher— Canadian Pacific Ry.—June Earnings 36,625,043 . $ $ $ 39,21-1,834 earnings expenses 1952—6 Mos.—1951 1952—Month--1951 $ Working *99,569 *148,343 railway!! Period End. June 30— Gross 1949 $131,000 *58,072 1— railway from 4 1,422,000 income oper. ry. oper. mcomj •Deficit.—V. 176, p. 1951 $5,072,127 36,438,488 222,126,311 206,977,162 34,505,080 210,988,210 195,296,565 earnings As of June 30— 607,416 Total $616,348 1,094,456 $0.56 • value amounted $5,872 to 1952 $10,933,455 $16.26 1951 . $9,561,723 $13.71 Asset coverage per $1,000 unamortized debenture financing costs, 1952.—V. 176, p. 142. outstanding debentures. excluding debentures, 3 % - share— per After deduction of of 11,680,597 Assets Increase— - assets net assets 11,138,101 1,933,408 2,594,786 — 51. 176, p. Carriers & General Corp.—Net 1,223,764 $705,168 1,094,456 —. - *81,677 from -V. $0.64 i share——. 1950 $185,000 , railway— Net (& Subs.)—Earnings— 1952 : „— $5,815,276 taxes————————1,440,316 inc. & excess profits taxes 735,148 Shares of common stock 1951 $225,000 . . — income income Net and at additional for of Canada Dominion 1952 from Net Earned per rund published $215,000 From Jan. $1,911,866 *$1,790,131 945 340 942,990 $0.94 $2.01 $1.87 called for retirement as of $0.91, preferred 175, Provision lor Federal $1.03 *$0.27 — _ . this been railway from Gross 942,990 Months Ended June 30— Profit offered Canadian National Lines in New England—Earnings— Net Gross witn the SEC (par $10) be to cents) the Fund's assets had June— *$900,543 Buckeye Pipe Line Co. Six obligations, p. Gross 4,821,191 2,474,000 557,000 5,955,866 2,410,543 1,232,000 311,000 • on 1952—V. 18, stocks in common 175, Net 945,340 tax share-- com. per 25 banks. 000.—V. 1952—8 Mos.—1951 $62,599,790 $49,979,973 $861 383 profits shares outstdg. "After 2374. p. C^n-'dian in just has in 59 companies, 1952 1952. Net 2,490,383 — profit Common 15, investments 1952, bonds, 0.15%, On July 22, of notification w.th the 1952—3 Mos—1951 $31,002,355 $24,779,900 taxes— income excess Net of May, Investments taxes income on $1,357,651 1,317,002 *$261,751 taxes after income July three Co.—Earnings— sales N*t 1952 1951 • $16,664,157 $18,739,946 712,899 3,607,501 974,650 2,249,850 sales Wet on (par $130,000 covering March Quarter Ended June 30— Wet of as in '36,628 358,211 St. Louis, Mo.—Files— letter of notification a cumulative preferred stock stock common list first * 4 *81,253 245,289 tiled July 22 on of government company 62,632 362,379 2374. p. Canadian Fund, Inc.—Assets Valued at The (& Subs.)—Loss for Quarter— Beaunit Mills, Inc. shares investing Y.—Files— Corp., Buffalo, N. July 24 filed a letter 175, underwriting. The proceeds will be used working capital and for general corporate purposes. V. outstanding. 46,683 328,703 income company 658,107*#, #-785,143 without Unchanged stock common Discount Profits before Fed. 142. p. of shares 88,108 Bridgeport Brass cash resources of its primary additional income through the utilization of immediately required for the conduct or expansion realizing not *$675,328 1952, with railway railway oper. Campbell Chemicals, Inc., The 40,403 64,874 66,623 821,930 covering 1,000 shares of 5%> in has or may make other than in fields will simply provide a means now estate real Inc.—Asset Value 42,815 835.068 1 1— •Deficit.—V. 50. p. Period End. June 30— with only 2.10% being derived the Act. Bankers represents defined as investments as it such that (including hotels), divisions operating from 1,667,690 *8455,451 *$56,678 13,510 income , (*$9l,816tt *29,830 $149,155 27,716 Jan. Net its wholly-owned subsidiaries and its investments in majority and and 1,097,551 $124,600 *35,403 oper. ry. of 3% 10-year debenture notes and 1,503 shares of 6% non-cumulative preferred stock (par $100> both to be offered at par, without underwriting. The proceeds w.ll be used for working capital. May on 176, j i^., M 1949- $74,988 from Net $1,706,763 383,150 1758. p. SEC 26, 1952, adopted a resolution au¬ the nature of its business so as to cease At Dec. 31, 1951, Bankers' assets to the extent of 55.23% represented investments in majority or whollyowned subsidiaries engaged in the mercantile and real estate busi¬ nesses, 22.31% in operating divisions engaged in the mercantile and real estate businesses, and 5.06% in real estate owned in fee. A total of 17.22% of the total assets was invested in "investment securities. ' For it last fiscal year, 97.21% of Bankers' consolidated gross income exclusive of profits on sales was derived from Bankers' real estate bo $2,039,913 1,036,101 182,683 $2,992 30, June Brick Bankers. stockholders Bankers' $2,352,927 1,712,277 273,278 182,683 280,115 etc charges $798,110, thorizing Bankers to change to $399,283 ry. From Gross the net asset value of this Fund was $9.06 per share the same as on Dec. 31, 1951. During this period 30 cents was distributed to shareholders. Net assets at June 30, 1952 amounted to deposited of Net Net $465,790 Bowling Green Fund, On his wholly-owned subsidiary, Albert Co., 1.22% of the 6% preferred and 52.97% of the common stock (including shares under the voting trust. In addition, Albert M. Greenfield & Co. and its wholly-owned subsidiary, Realty Owning Co., (controlled companies of Greenfield), own 5.67% of the preferred and 4.87% of the common. All Continent Corp. owns 36.44% of the preferred and 23.42% of the stock 358,809 — "Deficit.—V. through common 53,228 55,334 income Net and name $1,994,118 from 4,000 and Albert 206,162 $343,949 int., Contingent are trustee 39.220 $412,562 income Rentals, April 3 1928, as a closed-end, non-diversified, management investment company on Feb. 22, 1945. Its capitalization consists of 200,000 snares of 6% participating preferred stock ($50 per value) of which 162,987 are issued and outstanding and 60,000 shares of common stock ($50 par value) authorized, issued and out¬ standing. A total of 39,643 shares of common stock or 66.07% thereof deposited in a voting trust of which Albert M. Greenfield is the under Pennsylvania law on which was incorporated registered under the Act Bankers, 1,744,084 40,182 income Gross Net (1950* 1951 1952 railway railway— from Gross 3,631,398 1,979,445 198,112 3,555,634 270,444 — income- oper. ry. 559,532 252,428 rents (Pr) rents (Dr) fac. Jt. In¬ Net to vestment Company 617,006 Taxes Equipment corporation has leccived an SEC order declaring be an investment company within the meaning This — Company— vestment ceased revenues Operating stock from shareholders Corp.—Ordered to Cease as an Securities Bankers Operating June— 1952—6 Mos.—1951 1952—Month—1951 $7,186,276 $7,341,807 $43,915,395 $43,921,343 36,415,397 36,405,625 6,128,662 5,864,098 Perlod End. June 30— .« Cambria & Indiana RR.- -Earnings— Gain- Maine RR—Reports & Boston Corp.—Offer Extended— Baldwin Securities iff, j ■ HA O i 30, June on —V, 175, p. 2374. -Earnings— Bessemer & Lake Erie RR. 1952 June— from Gross Wet from Wet ry. Jan. from Net ry. railway railway income oper. 'Deficit.—V. 176, Steel Corp. Bethlehem before income items 25,916,290 tProvision and for Net 13,435,299 13,370,984 5,300,000 *38,700,000 27,847,339 36,300,000 25,977,929 *81,500,000 5,378,685 23,628,770 24,304.730 $0.39 $2.29 $2.19 48,694,975 $4.74 •Revised share com. per for purposes of t After (ingots and castings) for the second net tons averaged 63.5% of the rated production of 1952 version 2,650,534 shares of of 16,800,000 steel the during plants net tons the of substantial part a per annum, corporation The The declared directors of record of $1 the —V. close of share per .stockholders 175, $1.75 of Oct. on Sept. common stock, at the close of the on payable business on record of dividend a stock, preferred at on the 7% stockholders share per 1952, 1, to payable Sept. on business 1952, 2, The to have stock Big C Chocolate Corp., New York—Files With SEC— public date with the SEC covering 200,000 shares of preferred stock (par 50 cents) and 200,000 shares of common stock (par 1 cent) to be offered through Prudential Securities Corp., New York, in company units The of to will to a class each and Birdshoro Steel Foundry The The to the notes 4y4% the at New Sept. 30, and 1952, to Bros. to June term 175, according 326. p. a same to the holders of the rata basis, and will afford of such date as shall be pro as the right to .purchase such bonds directors, by the offering price, for a period of 14 days after the the registration statement, on a preemptive basis as their rights The table -reflects following " outstanding presently shares of common and to the capital securities of the company be outstanding upon the sale of the stock recently offered: Co.—Quarterly Earnings— 1952—3 Mos.—1951 1952—4 Mos.—1951 Shipments and billings_ $37,019,418 $26,631,014 $76,822,951 Net tax inc. provi£:on 947.000 967.131 share per •Based 1.069.000 856 478 profit Earned $0.61 1,411,468 on Bowes Co., (par 5 shares Ltd., of Toronto, 1,573.000 1.510,406 $1.07 $1.33 $0.69 capital $47,071,747 2.787.000 1,872.851 stock—V. Canada 174, Surrender To — 994. p. set company The class (no share in The on B of shares 43 stock of stock Bowes (par cash. class B $1) three and Ltd., (1950) in of shares addition to common cents 95 per stock Dana (Telephone of office delisted was at On and from Financial Seibert. 8Tate the M. Straus, 33,334 from Net ry. Gross 33,333 26.667 33,333 26.667 80,000 Rhoades & & $3,647,007 $3,333,742 $3,184,131 475,103 436,933 467,580 360,930 Net railway- rv. *316,868 *249,144 *279,853 2,344,482 21,272,023 2,205.842 18.303.690 1,795,749 *2,352,190 __ railway from Not *326,315 21,271,190 2,322,269 *2,268,923 18.931.718 1.487,923 *2,471,735 income. 1— from _ income. oper. *Deficit.—V. 176, RR. Central _ 51. p. of Pennsylvania—Earnings— Co. 1952 June— Gross from Net Net ry. 577,320 734.831 792,565 854,401 776,069 9.191,210 3,572,422 9,443,150 2,737,171 4.446 541 4,049,512 4,657,397 9,049,617 3,261,524 4,415,216 railway from ry. $1,544,274 661,350 10.076,769 railway from —V. $1,727,270 575.029 1— From Jan. Net $1,720,573 565,532 income oper. income— oper. 176, 1949 1950 1951 $1,566,583 railway railway from Gross 1949 1950 1951 $3,504,925 „ railway- oper. From Jan. 3.306,023 51. p. Central Vermont Ry. Inc.— -Earnings1952 June— Gross railway—$937,000 124,999 from Net from Net ry. railway ry. $786,000 126,981 138.243 1951 5,789 129,171 6,215 50,250 5,671.000 4,943,000 1,033,687 735,571 *21,066 railway—_ railway— from Net 1949" $850,000 248181 42,298 163,451 4,739,000 601,468 47,855 1— from Net 1950 $1,061,000 5,577.000 616,604 income—_ oper. From Jan. Gross income— oper. •Deficit.—V. 176, p. 51. Charleston & Western Carolina 1952 June— Gross $525,393 54 750 railway from railway 22,409 income oper. Ry.—Earnings1950 1949 $546,663 105.456 39,117 $384,919 $359,805 1951 68,371 4.978 24,220 *34,939 3,269,783 771,013 2,475.016 2.461.952 565,432 344,152 268,818 286,241 48,419 From Jan. 1— Gross from Net ry. 3.443.954 741,030 364,453 railway— from N't railway income oper. 176, •Deficit.—V. p. 51. Chicago, Burlington & Quincy RR.— -Earnings Gross — 1950 1949 1952 1951 railway—— $19 ,726,430 $19,851,179 $17,991,567 $17,581,080 3.756.878 2.775,128 3,483.075 railway 3 325 244 1,836,832 881,732 ,052,274 262,540 from Net from Net ry. 1 income oper, from Net ry. —V. railway— from Gross railway income oper. 176, p. 121. ."46,385 127.122,159 102,613,336 25,606,458 36,415,411 29 .405,674 10,937,280 13,700,002 10 ,755,897 Chicago & Eastern Illinois 1932 from from ry. 103.051,035 18,988,075 6,345,742 52. June— Gross railway railway oper. income $2 703.090 550,429 RR.—Earnings— 1950 1951 $2,655 °29 485,502 274,898 16,358 390 3,797,040 1,975,345 1,591,841 $2 192.883 13,516,573 2,916,975 1,240,956 219,266 16 837,436 4 103 917 1949 $2,^29.6Q9 443,237 159,876 14,315,617 261,451 21,445 From Jan. 1— from Gross 26,666 Co.- McDowell- & Son Loeb Blosser Total Exchange Stock Toronto York. per account of Chronicle President. 2-0613); New Canada, $48.00 ttOTM: Carl See Commercial William post Net Net Scares from Selling Stkhldrs. 100,000 Dallas Rupe 178,745 1952 Net Company 1,639,324 501,483 Net from Net rv —V. railway railway .oper. 176, p. Income 1.719,562 357,433 52. , July 25. the D. Shares from is distributing Its assets and will surrender its charter. shareholders will receive for each class B share held preferred par) and below. forth Charter—Assets Being Distributed— The company 500,000 shs. Harold Byrd and Mrs. Martha C. Byrd as the selling stockholders have entered into a common stock purchase contract with the several purchasers named below, with respect to the sale by the company of 100,000 shares and by the selling stockholders of 80,009 shares of the common stock of the company. The names the purchasers and the number of shares of common stock agreed to be purchased by them respectively are UNDERWRITERS—The 17,732,389 2,135,079 From Jan. 1— Outstanding 800,000 shs. cents)— 18.357,852 731,605 51. p. railway- from Net Period End. June 30— Fed. stock Common 22,200,822 2,827,559 1,422,009 $2,665,051 Central RR. of New Jersey—Earnings— June— ,■ *120,514 June— Gross from therefor. 176, •Deficit.—V. ry. security 42,195 income oper. Net Authorized Blaw-Knox ry. railway—— from Net Net as 96,142 89,689 22,082,032 3,628,614 railway from Net to erties working funds. 1958, 30. Exchange.—V. short off pay reimbursing on stock, purchase their pro rata portion of such pro¬ that the same may be sold to the public. The of such proposed bonds will be used by the company to pay and discharge its outstanding bank loans presently in the aggregate amount of $1,069,500 and the remainder will be added to the working -capital of the company and will be devoted to ■ the payment of drilling expenses to be incurred by the company in the due course of its business. However, the above statement shall not be construed to preclude the company from thereafter borrowing additional funds from banks and mortgaging its after-acquired prop¬ equip¬ Brown offer company common when such bonds are created and qualified for sale under all ap¬ 271,878 From Jan. 1— Gross posed bonds, in order net proceeds of sale National Philadelphia of waive unit. per notes. for rest York Curb from proceeds the of the from due are with working Philadelphia of promissory and cents 51 may & Machine Co.—Loans— Bank most use banks same report a National on will company loans to Co. & at install additional capital. and for $1,500,000 borrowed Central-Penn Harriman The has company Bank, stock of purchase materials, raw letter of notification 6% cumulative callable filed used be purchase 25 of share one proceeds ment, July on bonds at the effective nearly as be practicably determined. The present stockholders have agreed the purchasers of the common stock offered that they will determined The the and will it acts, the of of holders the registered been securities common that if and agrees company same plicable 1952. 11, Aug.. on firm com¬ such be the 609. p. the for registered under the Securities Act of 1933, as amended, and qualified for sale under the securities acts of the respective states in which such bonds may be offered for sale. 1952, and also a d'vidend 5, the company has not yet received any underwriting of such bonds. If issued, and will strike. cumulative thereof mitment or owing has not yet determined to issue such bonds, as the is subject to the approval of certain state regulatory company commissions, $3,023,163 income— oper. Net issuance suspended to the steel curtailed quarter second the of as were redemption may exercise such con¬ rights. The company will reserve the remaining 300.000 of its presently authorized common stock for such conversion for called rights. compared with steel (production of 4,251,449 net tons for the first quarter of 1952 and 4,054,664 net tons for the second quarter of 1951, or 101.8% and 101.6%, respectively, of the then rated capacity. The operations capacity depreciation and depletion, to be and deed of trust on all of the oil and reserves for mortgage bonds of holders the stock. NOTES—Steel of tlncluding provision for amor¬ deducting quarterly dividends of comparison, facilities, emergency the preferred quarter 2,389,638 3,562,901 — income tization on 1,152,901 taxes— income 1 Earns, 92,014,970*158,562,542 *76,852,655 1,802,306 depletion depreciation Federal $ de¬ other chgs. Interest and first a but not to include prop¬ acquired. The indenture securing such contemplated bond issue shall provide that the bonds secured thereby may, at the option of the holder, be converted into shares of common stock of the company on the basis of a price equal to. an amount 8% above the median of the bid and asked price of such shares on the date of execution of the underwriting agreement in respect of such bonds, such conversion price to be not more than $6.25 per share. Such conversion rights may be exercised by the holders of such bonds from time to time during the life of the bonds, but the company may, at its option, call and redeem such bonds in while or in part by payment of the par face amount thereof, together with a premium of not less than 2%, plus accrued interest to date of payment, after 60 days notice of such proposed redemption, as provided for in the indenture. During such 60 day period of notice, shown below by interests and 'estates then owned by it, erties of such character to be thereafter ry. railway from Net 1949 1950 1951 $3,401,317 347,735 113,226 railway from Net gas 449,738,997 806,785,149 876,141,692 340,413,651 billings ducting secured $ of to before creating taxes but 1952—6 Mos.—1951 $ $ 100,000 ad¬ contemplates create and ne¬ recent 1952 $3,338,414 332.799 June— Gross the end of the year 1952 it may gotiate the sale of an issue of its 5'/>% first mortgage bonds in the aggregate principal amount of $1,700,000 the principal thereof to be amortized and paid in annual installments over a period of not more than ten years, in an amount equal to the greater of (il the sum of $170,000, or. (ii) 50% of the net income of the company after making provision for the payment of income and excess pvo'its prior that Subs.)—Earnings— (& 1952—3 Mos.—1951 Bond Financing— offering to the public of common stock, the company the to shares ditional 647,733 50. p. Period End. June 30— Wet 11,668,019 3,421,401 2,501,345 2,628,635 535,950 addition In 1,003,432 1— from Net Total 9,489,961 2,201,752 1,848,170 1,392,668 Byrd Oil Corp.—Plans $2,669,925 13,193,587 4,770,025 538,950 income Central of Georgia Ry.—Earnings— $2,782,001 1,127,603 705,759 $3,173,347 10,795,154 2,396,772 railway oper. From Gross $1,076,280 •116,066 221,853 railway 1949 1950 1951 1 the Y.. Other year. Published Drapers' N. the a London. Act of the rate 176, p. ') i 326; (Continued on page 11) 25 Park Place, New York 7. N. Y.. REctor 2-9570. Herbert D Seibert. Editor and PublisherIssue) with a statistical Issue on Monday]. Other offices: 135 S La Salle St.. Chicago 3. 111 England c/o Edwards & Smith. Copy right 1952 by William B. Dana Company. Reentered as second class matter February 25, 1942. at tbt 1879. Subscriptions in United States,1 U. 8. Possessions, Territories and Members of Pan-American Union. $45.00 per year; in Domimoa E. C.. March 3, 1 Countries, $52.00 per year. In V. Patent Office) William B. Dana Companyy Pub lishers, week fevery Thursday (general news and advertising 8. U. twice Gardens, under fluctuations (Reg. also of exchange, remittance for foreign subscriptions and advertisements must be made In New York funds. - • yolume 176 Number 5139 . . The Commercial and Financial Chronicle . (415) 3 Capital Flotations in the United States in June And for the Six Months of Calendar Year 1952 Total corporate financing for the month of June to¬ $604,032,364 compared with the much larger sum of $921,135,590 placed in May last. The latter The larger issues brought out during June of this year customarily reported here may be found on a sub¬ sequent page under the heading, "Large Domestic Cor¬ porate Issues During the Half Year." taled and total, by the way, was the largest volume for any single month far this year. The total for June of the thus current year was Private offerings in June totaled 41 total of $209,470,000, also markedly lower than that of the like period in 1951, Which amounted to aggregate $867,655,459. the Offerings placed in June of this year for new capital purposes stood at $598,055,364, or 99.01% and practically constituted the overall financing for that month, while refunding operations were held down to the minute sum of $5,977,000, or 0.99% of the grand total. i manufacturing followed, aggregating $124,006,943, It might be well to mention ring to the figures for June a Corporate months of the January February March the fact that amounted of the first 12 91 Amount •23 _ - 39 _ 34 _ _ Financing 91 days 9%-12 yrs. 364,096,844 12 yrs. a a 6,044,000 3 yrs. 6,044,000 100 2 197,9o4,300 197,934,300 100 c 12 Jun 19 £1 19 Jun 26 91 Jun 1-30 Jun 1 JLh 1-30 Jun Jun 1-30 Jun 1 Total for six Total 1952 financing was is set forth 2.9% 10 17.42. end Intermediate $348,674,310 285,406,211 143,907,216 452,107,913 375,903,215 March April $105,789,175, ' May or 7.51% and preferred 2.92% of the month's overall place¬ June - 1,937/211 11,276,530 11,180,000 614,932,804 ___ k to months 6 SERIES "1.682 were May basis, changed 1, 1952. a ' ' Comprised of three follows: as Overall interest rate raised 9.years, 8 months. instead of one year. year. Individual limit Interest, starts Also on the yield annual H (NEW)—New current is accruing at the higher in each purchases has been income Bond, Series H, available 1, 1952, bearing 3% interest, compounded semiannually, held to maturity. Issued at par, Series H will mature in 9 years months, with interest paid by check semiannually. at par Redeemable any time after 6 months from issue date, on one month's notice. Series H has individual limit on annual purchase of $20,000. SERIES J AND K—These replace Series F and G as Bonds, respectively, of May 1, 1952. Series J and K yield a return of 2.76% when held to maturity, instead of the former rate of 2.53% for F Bonds and 2.50% for G Eonds. Intermediate yields of Series J and K be higher than will those of F and G. Annual purchase limit of Series J and K combined is increased to beginning June when and 8 previous June data $200,000. Savings Bonds on 30, 1952, "Chronicle." Treasury notes each $569,775,214 293,344,416 148,093,116 454,045,124 387,179,745 626,112,804 4,185,900 of For of Total 7,938,205 "1.626 99.575 49,126,600,914 discount doubled from $10,000 to $20,000 maturity value. c Refunding $221,100,904 '1.753 99.589 3% years 34.68 below: January February to "1.737 99.557 5,471,174,144 bank a 99.561 compoundjd semi-annually when iheld to maturity. H.gher rate achieved by shortening the maturity of the Sereis E Bond 27.15 undertaken in June. New on E—Beginning from 27.08 municipal financing for the first six months ... months rate SERIES Turnpike Commission for the purpose capital. No Canadian nor United States Possessions financing ; series, all of which from offering of prominence $326,000,000 bond issue of the State of Ohio of raising new separate Yield 1,300,127,000 1,200,784,000 1,202,123,000 1,200,060,000 364,096,844 Jun Average Price 1,928,927,000 2,015,147,000 2,049,015,000 1,-99,100,000 5 . $ days days days Jun 32.39 50.07 Accepted 8> six %• of Total $178,379,733 210,409,100 226,883,936 208,573,333 160,417,000 209,470,000 35 _ One issues in the amount of $25,248,000 represented 4.18% of Common stocks offered during the month reached a volume month. I.40% per and par month Effective interest Series A at held if to or Aug. from and par 1949 first Savings these on per annum. years, notes the sale interest three or footnote day of Notes accrued maturity see 2687, page Sept. 1, 1948 and interest accrues three years, interest approximates 11, the Treasury sold are and 1.88% maturity annum. accrued and Series D began to If held purchased. 1951 of to the interest sold are month began in on 15th at which May of 15, the approximates - Total _ $2,220,931,669 _ Below we present a tabulation of figures since January, 1950, showing the porate financing. Further revisions in the 1952 and 1951 vate in Total domestic municipal brought out in June was the types of securities discloses long-term bond and note or of $160,- Municipal financing in June aggregated $626,112,804, representing a substantial increase over May's total of $387,179,745 and a much greater advance above the total for June, a year ago, of $282,730,943. June's total. stock, $84,090,189, _ June - $388,905,000, or 64.38% of the month's ag¬ gregate undertakings, while short-term bond and note ments. privately or it is found that to placed May the various total issues April $94,362,050, or 15.62%; railroads, $16,590,000, or 2.75%; oil, $13,560,938, or 2.24%; and land, buildings, etc., $3,610,000 and rubber $1,208,188, both together, com¬ prised 0.80% of June's overall financing. of with Jun Amount Applied for Due 1952 follow: Issues to A division compared 5 * other industrial and manufacturing category ran counter to the accustomed order and exceeded the pub¬ lic utility volume by a modest amount. Continuing, we find miscellaneous financing in June of this year added up an of 34 issues, or 17.42% No. of here that in refer¬ year ago, This up Jun Total for June industrial 20.53%. total. that month's total. Setting forth the various categories according to their total dollar volume for June, 1952, it is found that in keeping with the usual trend, public utility financing held the leadership for the month and totaled $350,964,245, or 58.06% of June's overall total. Other and over-all Amount Dated May 28 Jui in number for representing 34.68% month's 417,000 in May last, made Date Offered figures financing is brought to light. OF CORPORATE FINANCING —1952 BY MONTHS New Capital Refunding $ First quarter 74,331,400 April Capital June Dated New $ 14,805,818 245,948,840 Capital 260,754,658 561,588,835 $ 24 Jan 31 Jan Total $ 17 Jan Refunding $ 10 Jan 1 375,040,536 97,237,525 1,808,746,238 27,152,235 108,401,500 669,990,335 153,254,633 20,678,427 174,033,060 Jan 884,317/100 369,411,355 169,185,100 538,596,425 1,399,976,586 1 119,348,003 1,519,324,589 1,084,354,823 79,666,875 740,462,346 365,294,050 95,473,740 18,036,450 420,640,973 376,398,520 89,038,025 867,655,453' 616,694,966 186,741,350 2,028,758,778 1,358,387,536 402,604,523 5,977,000 604,032,364 778,617,434 126,444,250 2,293,339,289 1,842,017,428 660,795,471 7 Feb 14 250,366,295 460,767,790 626,764,815 Feb 896,867,691 Feb 2,036,895,039 28 Six months 3,808,403,752 293,681,775 4,102,085,527 3,265,716,014 310,307,353 3,576,023,367 2,442,742,359 486,056,920 33,943,362 520,000,282 327,807,336 446,328,272 234,392,315 August 308,028,606 426,593.272 September 19,778,730 19,735,000 1 Feb 626,012,760 1,984,400,296 924,277,787 3,367,020,146 Depositary Peb 1 273,306,895 315,393,984 20,630,000 ' 260,046,648 413,374,850 336,023/984 1,220,678,798! 73,457,092 1,294,135,890 823,093,194 186,352,288 1,009,445,482 Nine months- 383,764,445 4,870,159,257 3,265!835,553 for Refunding 1,200,828,000 1,201,102,000 1,200,201.000 1,200,705,000 1,301,483,000 440,175,135 1,200,828,000 $ 417,000 1,200,201,000 1,200,705,000 1,301,483,000 440,175,135 8,203,000 583,510,800 7,135,207,935 6,103,902,000 1,032,305,935 1,302,024,000 1,300,275,000 1,301,570,000 1,100,088,000 1,100,033,000 1,749,000 1,301,570.000 1,100,083,000 1,100,851,000 337,599,936 818,000 337,599.936 6,009,000 notes. February 6,009,000 629,683,500 629,683,500 4,801,966,000 1,100,691,000 1,200,138,000 1,200,597,000 1,201,069,000 921,987,000 330,337,832 3,241,000 185,061,700 1 100,691,000 1,200,138,000 1,200,597,000 1,201,069,000 921,987,000 6,143,122,532 5,624,482,000 Treas. bills Ctf. of Indebtedness U. S. Savings bonds 1,201,355,000 1,401,872,000 1,400,318,000 1,400,786,000 8,866,217,000 312,714,296 1,201,148,000 1,201,177,000 1,202,401,000 1,200,690,000 8,866,217,000 5,845,000 91-day Treas. 91-aay Treas. 91-day Treas. 91-day Treas. 13 Mar 20 Mar 27 1 Mar < l,200,68S/000 8,203,000 583,510,800 bonds antic'n Indebtedness $ 5,777,825,436 6 7 Treas. yr. bills bills bills bills bond 1 U. S. Savings bonds 1 Tax Mar Depositary bonds__ Mar 4,486,394,812 New > Depositary bonds- uuar Mar Third quarter Tax Total Mar 25,654,333 140,067,955 notes. 91-day Treas. bills 91-day Treas. bills 91-day Treas. blils 91-clay Treas. bills U. S. Savings bonds 21 280,172,725 Antic'n January___ 298,265,027 1,382,619,850 Feb 768,171,335 921,135,590 Tax Total for Feb Second quarter Accepted 91-day Treas. bills 91-day Treas. bills 91-day Treas. bills 91-day Treas. bills 91-day Treas. bills U. S. Savings bonds Depositary bonds Jan 402,192,771 81,607,950 150,613.000 39,854,250 Jan 1950 FUNDS Total Amount $ 3 802,709,210 728,317,085 770,522,590 :___ AND Total $ 598,055,364 May 1951 tl950- Refunding $ 550,733,452 420,205,776 837,807,010 13,357,925 1,711,508,713 New $ 9,548,200 345,874,376 824,449,085 —.. March Total $ 541,185,252 1952, OF Type of Security cor¬ additional pri¬ as tl»51 — ' January— February USE be necessary, particularly Jan SUMMARY . may $257,618,750 $2,478,550,419 different monthly amounts of antic'n notes_ 1,110,630,075 4,376,465,628 975,859,436 330,337,832 3,241,000 185,061,700 October 470,013,741 December 15,943,500 582,593,175 46,641,300 591,309,884 November 83,252,400 485,957,241 ' 629,234,475 674,562.284 , 468,231,839 78,964,787 547,196,626 352,316,999 • 75,247,148. 108,396,252 Total 535,712,777 Apr 3 Apr Fourth quarter. 1,643,916,800' 145,837,200 1,789,754,000 1,247,865,363 262,608,187 1,510,473,550 Twelve months 6,130,311,612 529,601,645 6,659,913.257 4,513,700,916 1,373,238,262 5,886,939.178 tRevised. 10 Apr 17 Apr 24 Apr 1 Apr 1 Apr •' Date Treasury Financing in June ' J." • • . • . ' " Snyder Offered 4- • ( Secretary announced Treasury will offer fob cash on June on June 10 16, 1952, that the inter¬ an mediate bond to be dated July 1, 1952, in the amount of $3,500,000,000, thereabouts. Proceeds this bond may be deposited Accounts. from the sales of in Treasury Tax and Loan 1 • The Secretary also announced offered at the time same a that 1 % % Feb and holders of Certificate The books for this offering closed the results will be given in Feb Due Applied for 91 days 91 days 2,136,035,000 1,302,024.000 99.600 7 2,182,739,000' j 91 days 1,914,008,000 May 15 91 days 1,783,203,000 ( 337,599,936 1,301,570,000 ' 99.585 1,100,088,000! 99.619 1,100,851,000' 99.605 + *1.507 : r *1.563 May 22 7 Accepted Feb 14 Feb 14 Feb 21 Feb 20 Feb 28 Feb 1-29 Feb U Peb 1-29 Feb >.'« Feb 1-29 Feb 10-12 yrs. 12 yrs. 1 • ■ 3 yrs. 6,009,000. 629,683,500 Price these Treas. bills bills antic'n for bills Treas. notes.' the of In¬ Feb Mar 28 February Mar 6 6 -*1.584 May 1 *1.643 May 8 a . 629,683,500 100 * Apr 91-day 91-day 91-day 91-day 91-day , i May 29 2 337,599,936. a 6,009,000 100 1 Apr C 1 Treas. bills Treas. bills Treas. bills Treas. bills Treas. bills 23-28 yr. Treas. bds, 23-28 yr. Treas. bds. Mar 13 June columns 16, days 1,713,691,000 1,100, 691 000 1,200, 138,000 1.200 597,000 1.201 069,000 921.987,000 921 987,000 10-12 yrs. 12 yrs. 330,337,832 3,241,000 330. 337,832 3 yrs. 185,061,700 Mar 20 91 days Mar 27 91 Mar 1 Mar 1-31 Mar Mar 1-31 Mar Mar Total for 1 1 March Mar 27 Apr 1 Depositary bonds 1 Tax Savings bds._ antic'n 3 100 23/8 notes_ 91 Total for May Jun 5 a a Jun 12 3 ,241,000 100 2 Jun 19 185 ,061,700 100 c Jun 26 Jun 1 Jun days 2,185, 837,000 1,201,355,000 99.596 + *1.598 2,312 927,000 1,401,872,000 99.588+ *1.629 Apr 3 Apr 10 91 days the Apr 10 Apr 17 91 days 2,286 620,000 above, confined its operations to the usual weekly sale Treasury Bills, Savings Bonds, Tax Anticipation Notes Apr 17 Apr 24 91 days 2,383, 235,000 Feb 18 1,400,786,000' Apr ' l HVa mos. 8,866 217,000 8,866,217,000 10-12 yrs. 12 yrs. 312, 714,296 312,714,296 a 5,845.000 100 408,906,200 100 Jun 1 91-day Treas. bills 91-day Treas. bills 91-day Treas. bills 91-day Treas. bills U. S. Savings bds._ Depositary bonds Tax antic'n 2 408, 906,200 c Treasury Department in June outside of of and Depositary Bonds. Apr 1-30 Apr Apr 1-30 Apr Apr 1-30 UNITED STATES TREASURY Date FINANCING Amount Offered Dated 24 Jan 3 Jan 3 Jan 10 Jan 10 Jan 17 Jan 17 Jan 24 Jan 1 Jan 1-31 Jan Total for April 1.200.828,000 99.524 + *1.883 2,104.985.000 1.201.102,000 99.574 91 2.176.725,000 1.200.201,000 91 days 99.574 +*1.684 May 22 2.195.412.000 May 29 1,200.705,000 99.596 91 *1.599 May 15 2,283.826.000 Apr i 1.301.483,000 99.598+ *1.589 May 15 Apr 1 22-28 yrs. 450,399,500 days days 10-12 yrs. 440.175,135 ; Price Yield $ % *1.687 440.175,135 a a 12 yrs. 1 8.203,000 8.203.000 100 2 3 yrs. 583,510,800 583,510,800 100 c January 7,136,207,935 1,307,359,500 1,301,4315,000 1,302,174,000 1,201,570,000 •1,099,998,000 1,101,051,000 1,307,359,500 201,528,000 1,274,000 199,202,000 203,496,000 199,623,000 450,399,500 291,586,571 450,399,500 291,o86,571 3,428,500 636,132,300 636,132,300 . notes. 1,400,318,000 99.583 *1.650 Total for June Total for six 7,413,587,500 2,186,669,871 1,300,127,000 1,200,784,000 1,202,128,000 1,100,491,000 1,200,138,000 199,636,000 1,200,632,000 1,496.000 1,200,060,000 1,200,060,000 646,000 364,096,844 364.0~9~6~844 6,044,000 6,044,000 197,934,300 197,934,300 5,471,174,144 4,701,321,000 769,853,144 49,1261600,914 42,316,891,500 6,809,709,414 99.591+ *1.616 100 1% months— i. (Continued on ■ page 6) ' 14,998,013,496 Applied for Jan. Jan 1-31 for 2.117,782,000 31 Jan Total Amount Accepted 1,502,963,000 1/303,448,000 1,500,772,000 1,303,494,000 1,300,674,000 1952 Due 24 Jan Jan 1-31 1 91 days 91 days $ Dec DURING 1 Apr 1,326,380,496 9,600,257,371 s a 5, 845.000 3 yrs. The 5,845,000 408,906,200 408,906,200 3,428,500 99.596+*1.601 6,143,122,532 next month. 200,096,000 312,Vl4~296 99.597 + *1.592 7 yrs. U. S. 99.549 + *1.784 days 2,308,342,000 1,962,982,000 2,067,766,000 • Mar 20 18 197,917,000 99.581 + *1.65C 91 days 1 May 5,777,825,436 Feb Mar 1-31 on 91 Mar 13 207,000 200,695,000 % May for 518,640,532 i.—lj 14,998,013,496 13,671,633,000 April Yield $ ' Treas. May debtedness to be dated July 1, 1952, and to mature June 1, 1953. Dated 31 Total • 1%% Certificates of Indebtedness of Series B-1952, ma¬ turing July 1, 1952, in the amount of $5;215,849,000, will be > 1 ; Tax Amount $ Jan Total { Amount - • March____ 91-day 91-cta.y 91-day 91-day Apr fj.1 , for 427.564,147 ' 427,316,525 Apr 24 May 1 91 days 2,492,320,000 1,502,963,000 99.573 *1.691 May 1 May 8 91 days 2,225,987,000 1303.448,000 99.568 *1.710 May 8 May 15 91 days May 22 91 days 2,438,761,000 2,416,933,000 1,500,772,000 1,303,494,000 99.564+ *1.725 May 15 91 days 2,061,841,000 1,300,674,000 23-28 yrs. 1,307,359,500 1,307,359,500 450,399,500 291,586,571 100 23/4 100 23/4 3.428,500 3,428,500 100 636,132,300 636,132.300 100 Mayl-31 May I 9%-12 yrs. May 1-31 May -12 yrs. May 1-31 May 1 Total for 3 yrs. May. 291,586,571 9,600,257,371 99.572 99.563+ a *1.694 1.728 In the lowing six comprehensive tables pages we compare months' figures corresponding on the fol¬ the June and the with those for periods in the four preceding, thus affording parison. a five-year the years com* 9 & > a o 3 o 01 c s vj «*• to OS kU t—> Total 29,8629 34.01, 0 2,987312 Refundig 29,86 29 > -1948 Total 627,94.27 5,1 .0 285,904613 467,801 106,3580 42,098527 1,20. $ $ 85,67.0 31.682,0 Refundig 28,"09732 L0Y7,80 21.45,0 28,91730 New Total 3,0,0 54.80,3 71,8 72 $ Total 1,274580 519,276,374388 4 ,474 10 ,0 197, 50 Reiundmg 30,17 0 $ -194 15,0 0 New 30,51924 Capitl 1,09568 0 3,25 26 54,7803 71,6972 Total <28,10 897361,950 79,38741 $ • 18,2932668,0,417579815 57,0 0 -1950 Refundi g 280,1 572 52, 0 $ 35,9162 5,0 0 Total 35,01 0 19,64105 New Total -1950 Total 382, 50 -195 Refundi g 81,904 25 66,5"705L Capitl New Total GOVEFRONMRCETI,GPNAT, 38,905 25,480 84,0918 96,35167 5,0 0 9,43750 $ 2,95 0 —1952 Refundi g Capitl OSUMFARY New 380,95 25,480 84,0918 96,35167 5,0 0 67412,50 140,65 0 1,80 598,0 364 37,05 614,932804 96,790 36,0 0 3,416 90 50,19 30 75~839,752 157,802.693 Sbatnoedysi Capitl 25,84 0 20, 0 25,18360 195,0315 34,50 6,180 10, 0 40,5 0 $ New CORNPOEAGTERWFUPI ANCHARDTE Total —1952 Capitl 16,590 20,9 0 15,03 1,50 0 3,610 14,96549 158,36459 25,84 0 248,17 364 29,3 125 291,03 26 72,6538 6,180 10, 0 94,20459 2,6830 7,13 90 4,2509 47.2 ,364 39 ,125 85,60726 5,6 385 168, 91 1,0 36,21843 16,'80 12,709683 26,5 0 3,9150 60, 0 13,25190 70 ,0 3,816 40 867,549 25,84 0 247, 364 25,76485 280,7 41 40,16538 6,18.0 10, 0 52,73 459 12,8 459 1,2368924507,161,945 41,6830 89,03 25 10,38 5 32,50 15,29 248,0 25,0 0 25,480 1497 ,245 5.30,943 12,06 938 17208",18 21,5 0 189,7 364 16,590 350,69425 124,06943 13,560938 3,610 1,208,18 94,36205 248,0 3,025,0 5,30 943 9,03598 l7208~,18 21,5 0 25,0 760 25,480 1497 ,245 78,66104,433 5,97,0 2,95 0 3,025 0 3,025 0 47,850 385,9 0 New 8,2970 8,31 25 25,81 50 237,50 3,5910 186,5436 16,590 350,69425 12,05493 10,5398 3,610 1,2081 94,36205 2,952,0 $ 168,74591 1,0 60,9384 16,80 130,2908 52,43750 3,9150 60, 0 21,548190 20 ,0 709,2 2,952,0 96,790 19,5093 32,7180 20, 0 25,981526 47, 436 39 ,125 89,58126 5,6 385 627,39485 $ 520,80 30,51924 65,98 43 80, 0 8.397,08 10,62750 16,590 20,9 0 18,450 1,50 0 3,610 47,850 38,905 $ Refundig 1,0762850,1458,06275 I" 64 ,47 126,40 72 46,120 91,8752 57,0 0 57,0 0 39,0 0 81,90425 $ 13,8640 1,820 4^182,750 598,0364 notes nao-teds - — ano-teds — - — governmt as&cit.es,Pon— fuincldse NoBteoas—nds : utileseccotpoar,l,manuf acesori inmaadnuunfscttdrrigl beuiltdcn.gs, _—: hotetrlradtuicns.g,,Miscelanous w'•; 'V■ NBoteSoashn—brtd-Tsem Public-teseccotsotea,l,l,Equipmenfcrats eori iamnadnunufscttdrrigl beuiltdcngs, hetortlartducins.g,, *"".-Stocks HuItiles eccsotpotear,ll,,manufctres oi inmaadnuufscttrrigl bueildtncgs, hteortIalrntdvucienss.tgm,n, utileseccotpoar,l,manuft acesori inmdaanuufnscttrdrigl beuil—dtcngs, —htoetrrladtucins.g,,Miscelanous seccotirpate JUNE boanndds Short-em stock Comstockn —naidC. Lboongn-tdersm 'Short-emPrefstorcekdComstocoknOforetighn—erLbonogn-tdersmShort-emPresftorcekd cor-pToattaelBKInternaikolG{Covaenrnmdiatn foreign Municpal—Stes,Staes toal-. dfinguoorest OMNFTH , Comstockn GLooavant,dn * * 5,97 0 3,025 0 $ $ 604,3264 178,350 62,1 804 25,84 0 20,7 0 29,0 0 201,8 0 67,0 0 6,18,0 10, 0 79,45 0 $ _50 70 3,816 40 6,08745 32,50 —195 Refundi g 78,6143 2i,~3T0 81,540 279,81632 5,0 0 4,921875 627,39485 6,2019 79,68045 $ 1,0 297, 50 16,0 3,175 16,520 3,9150 60, 60 9,820 $ New 137,60 2,91401 89,03 25 8,240, 0 8,31 25 25,81250 Refundig 237,5o O Capitl $ 3,25,26 231,80 65,98 43 30,0 8.397,08 10,62750 105, 25 3,150, 0 32,7180 20, 0 59,8.0 23,975 2037,68 9^7 26,0 1,267438 297, 50 197, 50 10 ,0 0 1,0. 534,970 16,0 0 41,6250 42,3750 3,915,0 60, .0 18,320 $ 867,5 49 2l,~370 25,7~0 28,73094 5,0 0 4,921,875 709,2 0 73, 17849 80,62735 $ 30,17 0 520,80 $ 17,50 34,26710 5,0 0 61,94-6 3,0 75,93 2 50,3968 4 ,474 4 ,474 520,80 126,9802 New F968,354107,53428619,740293671,408PCm5aDutrnoic{pSv6hleesd.RafflcopBnmsrluGd.ivFettkhdmorfa.gnmcuiyples YJOEIUMAVTFSRNHSIUATNSERHDE YFJEOIMUATVRFNHISALFRCUOANGRPLMD Capitl 48,06275 897361,50 79,32641 $ 96,790 36,0 0 231,80 150, 0 3,150, 0 Capitl 46,120 832,19.0 149,350 32,50 20, 0 25,840 23,7150 314,59763 15,0 0 New 60 ,0 3,9850 $ $ S 419,,316673425780 59.85,0 843.920, 153,80 32,50. 20, 0 26.40, 29,86 29 10,80 42,106540 148,23 7 85,67 0 378,506 1,50,0 67,13965 4,20, 0 30 ,0 60,31540 597,3 598 10,80 26,49653 4,20, 0 75,62734 1792576 520,80 S -19.4 Refundi g 13,8640 1 ,7280 62,430 1,3870 30 ,0 0 627,94 28,0932 1,08756 29,86 29 1,50.0 40,89 0 Capitl 85,67.0 302,87 1 86.1450 315,984763 Capitl 437,9621 10673580 42,098527 1,20 10,80 42,106540 148,23 7 85,67 0 407,39 4 1,50. 0 68.27,153 4,20 30,0 60,31540 10,80 26,49653 4,20 75,62734 17,92576 479,061 $ —1948 S $ 30 ,0 0 1.50, 0 41,97 50 i,» DeCorp at— omestic— Long-term •Pref d ; ) Grand • t ' \ , '« - , - * t , ■ Other •Farm * United •These JOFUNE MONTH Long-Term Railroads Public ste l, Equipment Maontodrs Iron, "tota—l . Ship ing Investm n Other Land, Rub er Oil I ■ . \ Railro^ads ,'_Iroh and Motors Other Land, Rub er Ofl Ship ng Investmn Miscelanous ■ Equipment and Rub er Ship ing Miscelanous Total. 'R.a—ilroads ste l,Equipment and Public V'gther Land, ' < Won. ' - '7 Total— Motors . ! ''. : .— : Investmn Public Iroh, Motors Other Land, Rub er Ship ing Oil Total ts5 Total s 2,70 42,0 1,925,0 319,58138 30,491 1,20 0 5.0 ,0 Total 5230 1,5903 4,150 5,2460 municpaltes. 65,897 Refundi g 187,53 279 6,814, 05 5.043,52 40 ,0 0 31,80 17,864 73 549,1069 $ -1948 Capit l 2,519704,21 1,359,103 312,76 13 298,40569 1,20,0 5,0 0 5,940, 0 20,716250 35,12307 2,0 ,0 30, 0 $ New Total $ 2,87.46,308 Capit l 2,78301,68 5,730,526 20,61 250 34,6 027 2,0 ,0 30, 0 $ New Total $ 2,48169,50 145,07 0 321,09758 421,590348 27,54 50 542, 90 3,0 ,0 Total $ 16,0 0 154,920. 1,40957,12 Total $ 5,620 321. 6,0 1,4709 41,536750 6,26,0 206,548_250 182,5630 31,05 0 ~6~0 ~0 6.50, 15,270 924,7 8 10, .0 75,0 0 40,~65 "0 50,47168 1,895,0 70 ,0 0 4,80,0 Refundi g 97,8 10 576.280,37 7,0 0 85,2 5 36.912,50 3,54.50 38,0450 5,940, 0 30.623,74 2,4570 15,729 51 209,474 2o7lO . O "197, 50 5.730,526 310.523,74 24, 570 15,^201 10,80 645,050 175,0 0 61,729 1,49 ,350 46,921052 5 ,83927 3O2.810 1,82347, 104,6 50 6,39,0 718,904.751 80,45.0 37,805,0 45,60. 0 1.409.350 250,698 0 281,250 20,5790 13.8640 80,6470 1,250. 0 1,32750 7I2T76 ~ 9~25~,724 1,49 ,350 46,39802 28.4170 1.742, 574 103.4650 6,39,0 70 592.01 80.45, 0 30,58 0 45.60, 0 1.49,350 249.72,36 60 ,0 0 321. 6So 1,96 3.1 51,843 12 6,2o0(J 354,9134 193.28,10 32,57 0 95,43.951 36,49073 645,05 175,0 0 648,50 51,309 51,309 25,96 240 5,310,935 $ -1950 257,1.0 1,4397,864 40,738 0 5,0 .0 10, .0 591,78467 391.2 ,814 15.2480 14,30 0 10, 0 428,0471 5^945^605 573*15736 139,570 145,07 0 490,27361 10,3652 153.6 ,241 15.76,58 1,520, 0 29.043,951 45,704 73 $ New 3,6702,146 10. on 75,0 0 548,~3706o 2,041326 26,10 218, 359 10,738.0 143.08,514 39, 6814 10, 0 8.9471 4 ,474 165,0 Capit l 28,4170 1,42659.0 79,108 6,39,0 56,0 "0 179,40 30,4130 45,60 0 203^ 7,608 1,857 42. 90 82,05.865 6.50 , 0 26,18.652 1.075 0 1,30,0 10,8651 1,450, 0 1,859.103 5,790 60 ,0 0 Refundi g 13,864.0 60,3970 1,250, 0 1, 50 7.217T50 596,516 105, 26 302,810 1,48693,0 80,42 80 6,39,0 567,150 179.40, 0 37,60 45,~60 65 203,67 08 $ -194 23,4932 10,738 0 149,35419 3,96814 10, .0 89,41.287 623,0 .649 29.460 1.56970.2 47.238,0 5.0 .0 10, 0 61.80 ,19 412. 6,814 26.54,80 14,30. 0 10. ,0 438,091287 150, 0 10 .0 0 Capit l 257,10 1,269471 30, 0 5,0 ,0 10, 0 48,063.850 251, 0 15,240 14,30 0 37,60 New 2,51897043^ F3YOIEV0ARS 495830617§StDCePohcramuvnifsd, Refundi g 83,02 1 51,309 25,76345 6,1 ,210 8,0 ,0 $ -1950 65,897 309.103 10,80 1,450, 0 1.925,0 65,897 $ 350,2 0 15,34921 3,56072,41 375,0 0 $ 16,0 ,0 50,1750 1,42509,73 13,54,71742658 $ 10 ,0 0 29,460 1,2934 0 36,50 0 5,0 ,0 10, 0, 0 468,2710 27,30 26,54 0 14,30 0 347,150 Refundi g 42, 9.0 76,37129 6,50 , 0 20, 7,150 21.075,0 1,30 0 9.4 0, 0 -1948- 19,6250 1,58203,18 3,750, 0 3.1938,,468200 209,474 Reiundi g 94,38570 20,1 0 479,0 0 -194 $ 2,54 3,9804 3,4.71982,6465203 31,556,0772441 3,670214 97,8 10 66022.°475 2,547,0 91,3610 36,°12.50 3,54,50 90,1390 924,7 87 75436,2019 CIOSRTSPUFTMNEJUNHFO3AHNYUAIEITDEIEXRV0ADRSS 2,50248»,.768264,19274913,503308967 FGOFOLARVMEFETRUISNINMGEAMOJHCNNDUPTDRX,LG SfrmtauatFoGnihecoge1pIfvdnRdBsDltetrceaovsymaslrliupkmd.nt. 61,57,38954,1960096,722543265,128937 1,036825 15,6304298 1,0 4329,867105 ,3 ^10245769 3,82049,31340628651770537,557;62 Capit l 1,6547,28 93.74,10 295.34,093 415,29138 19.54, 0 $ 542, 90 3.0 ,0 New Total $ 4.25*3.0 2,75 14,782 287,53 942 514,30 85 2,50,0 5,76,250 5,0 ,0 1,450, 8 50, 0 154,70 3,576023,67 907,4500 1,459 ,061 60 ,0 0 Refundi g 208,5980 91, 05,9 3 9,741,5 0 $ -195- Capital 2,5471 932 3,65,0 195,6298 504,68 35 2,50,0 $ New Total S Refundi g 274, 0125 15. 9L650 695,0 0 3,265.7104 4,102857 3,025,0 6.70 , 0 Total -195- 3li;0~ 57o0 1,407956,4 6,70.0 21,7850 2,54,080 154.32,0 1,24 5.0 15.38,90 29.187,50 2.84,0 71,532068,93,12 6,81,0 102,750 2,80,0 $ Refundi g 18,3970 30,170 3.816,40 13,82065 61,37^935 32,50 0 372,0 0 47,68 50 $ ■ 50, 0 67,850 120, 3650 1,03925,430 2,47850.419 16,0 0 Total NEW GORUPFING $ Refundi g 13.79,0 1,20,0 50,72 0 8,9560 6,457,925 $ -1952 13,67 0 CORPATE, SOUM FARY $ New CHAR TE . 28,3690 4,82,0 5,974 50 1.0 ,0 1 ,476053 132,140 24,135 1,7819 1,450, 3 2.180.90 52,81976 90,0 0 25,0 0 30,2 8,0 517,283.1 26,07 18 3 ,60759 83,67.38 3,1 ,31 16, 34,250 7o,bi ^ua 2, 48,0 195,0 0 2,56 ,0 9, 49,60 963,40 3,678.650 3,720. 237,041,6081257 Capit l 15,630. 1,035 6 36.405 1,09,10 71 23,05 207,3.86 10,6450 12,0 145,2740 2,7413 02 • 1,90 60, 269,3 0 1,036 1, 6 41,2650 1,09,10 80,T8~650 2113,48 , 10,6450 12,0 0 158,92 0 60 ,0 0 90,0 0 25,0 0 30,280 507,3 583 25,103618 329, 8 39 79,64738 3,1 ,31 16,34250 75,01329 2,48,0 195,0 2,56 ,0 " ,38750 .430,152283,565 ,18750 284,0 0 .547,13 .671,30 .813,40 175.0 8 .80 ,1809 ,26309 280,179031,78,198 1,450, 08 3.180.90 64.328.029 1. 50. 0 3,65 ,0 5,065, 0 39,416 52 70,316 5 $ 3,804 752 0, 0 56,1820 120, 3650 287, 043 2,09316 16,0 New 60 ,0 0 23,459.0 1,369784 49,26312 6.2 ,0 2637 ,1 16,3908 29,0 50 60. 0 95,43951 132,140 1, 50. 0 *4,256,0 5,065, 0 367, 851 275,14 ,6 5 60 ,0 0 Capit l 135,92.03 1.2 ,08 147,32 60 15,36.875 2,84,0 710,385 1 36,9312 6,309 0 102.750 2,80,0 164,35 0 AND Capit l 2,6031 2 30,230 34,71609 672,35981 12,0 3r8~50", 16,580 606,0 0 New 293,68175 1,680 "53^170 0 257,618750 $ 8,24.10 93,74 10 467308, 1 10,3652 148,35.06 15,7658 1,520 29,04351 45.0 ,73 • 6 5,7 6,250 5,0 ,0 1,450, 8 50, 0 123,805 70 ,0 $ New 310, 735 sor iSo 8i02f~4,01 4,028415 2,89503,27 30,280 358,90319 673,40.981 12,0 0 •TsYo' o 19,60 $ -1952- — Capit l 23.459,0 897,0613 38,9 750 6.2 ,0 14,72305 145,62850 27,509 80.0 6,50 13,8250 2,4 7 359 143.75,0 1,9536 98 24, 50 ■ 2 159 8301,979,425625 1,611 226. 2, 29 80 26 1,052, 104, 3, 277, 18,3970 59,106 0 8,64.640 13,82065 17342 85 32,50 0 372,0 0 1,0 ,0 59,124703 140,9 50 1,5234,152 217,638925 15.36,875 2,84,0 935,204768 48,17 30 26,41 40 104.75,08 2,80,0 2,180.90 218,3 26 701,04,56478523 269,3 0 1,56. 9,84 40,193581,09,10 1,3596~4723 297,051 49 10,7350 15,31 3 16734250 259,738209 1,057943 18,91650 13,790 1,4960 51,68340 92,64250 10,7 925 14,267 0 fbiunocntladinyesde , — EJ3NUDN0E anoteds anotdes —. anonteds. BankGovern governmtGagvcie—,s•M&unicpalt—St.es,,Posein mutile—s cceooptalr,, anufctres oi maanunfctdrig— . htorealdtincg.t.rus,, - - " ShBNoroott-aeTnse—dms utiles. cceoopta-l,,manufctres oriesinduamasnutfrctrlig etc thtrroeualdsticng.,, cceoopta-l,r,manufces ori-.induamsanturfctlrig !etc Invhetsrotemaldt'icrnug.,, ceo:p,manufctres oi amannufdctrig etc tthrrouaeldsditinncgg,.,, securit MONTHSCorp ate- Domestic— Lboongn-tdersm Short-em Prefstrocekd Comstocokn Candi - Lboongn-tdersm Short-em Prefstrocekd Comstocokn foreign- Lbonogn-tedrms Short-emPrefstorcekd Comstocokn corpate toreign toal Interaionl Candian Loaannd USntaiteeds 6 Other Grand Total t S Other Farm dnoo^figurtes J3UN0E Notaesn—d ENDED Bonds , Equipment anyMotdjs, Other-indusal bueildtncgs, . pub-lic stj.efiYronl,, InY#pt«aen .Misoglharneu ~-■» * 'uqj-ram*! Oil it ^ Rub er yl -r , p<, Jfwp fel SJ-'q* 5 - O't ~v l-.w ^ .•Railrods ;PiubUc r«. •. Iron,-stel,Equipment Motrs-.and 'Other - . Oil buildngs, ShipingInvestmn Miscelanous Puutbilliecs tel,Equipment Moatnrsd Other buildngs, • Shiping Miscelanous • Railroads utiles sctoeall,,Equipment and industral buildngs, ShipingInvestmn Miscelanous corpate Land, Rub er Total Stocks— Land, Rub er Iron; ' „, •, *. ** Total— Total Public Iron, Motors Other Oil—-— Land, Rubt-er Commercial and Financial Chronicle The (i . Monday, August 4, 1952 . . (418) 10,000,000 Below FINANCING •INTRA-GOVERNMENT $ S $ January— Net Issued Retired Issued 294,915,000 102,515,000 91,003,000 523,977,000 193,524,000 330,453,000 JANUARY £125.000,000 Aluminum Feb. due 1934. 1, 176,000,000 87,820,000 Notes Total February. for 15,000.000 121,180,000 t33,360,000 136,180,000 127,640,000 102,306,000 101,012,000 193,562,000 133,044,000 March. for 97,980,000 15,000,000 483,000,000 5,050,000 149,125,000 Feb. 154,175,000 452,234,000 1982. 1, 23,019,800,000 1,417,721,000 189,100,000 351,400,000 24,437,521,000 540,500,000 1,769,121,000 1,836,666,000 certificates Fund Account Civil Service Retirement Fund, Foreign Service Retirement Fund, Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Postal Savings System, Government Life Insurance Fund, National Service Fife Insurance Fund, Federal Deposit Insurance Corporation, and for Total • six months— 27,106,108,000 and Loan Insurance Federal Savings tNet retired. Corporation. $15). funding bank 1952 amounted to of 1951, $3,367,020,146 the like period for for 1950, and totaled $3,808,403,752, while comprised $293,681,775 of the $4,256,000 and $1,055,794,300 compared with $809,052,585 in the first-half of .1951. and "bonds $30,208,000 as against preferred stocks, together, notes, and common to a long-established other categories in dollar Public utilities issues conforming of volume first-half of all lead to continued trend financing by totaling $1,556,159,849 in the 1952. However, it fell short of the total of $1,611,430,152 for the like period of 1951 and by a much greater margin below that of 1950, which aggregated $1,969,163,611 for the first half. Other industrial and manufacturing for the first six months of 1952 followed totaling $1,135,964,239 as against $1,052,547,153 in 1951, and $354,913,491 in 1950; iron, steel, coal, copper, etc., $440,193,518 compared with $226,283,565 in 1951 and $51,843.312 in 1950; oil issues totaled $297,051,049 in the firsthalf of 1952 in contrast to the much reduced amount of Miscellane¬ ous offerings added up to $259,738,209 for the first six months of 1952 and compared with $277,263,029 in the like period of 1951 and $336,496,073 in 1950; rubber $80,671,330 in 1951 and $198,282,108 in 1950. for issues the period (no 131.313 compared with $104,175,008 in 1951. No offerings rubber companies were reported in the first half Purpose, stock railroad of in the first six contrasted with emissions $269,369,000 category totaled 1952 $159,387,500 in the like period of 1951 and $321,336,600 in 1950. It that the mention here should be of interest to 1945 was an exceptional one for railroad financing aggregated in the early half $720,701,800. This amount has never been exceeded for a like period as far as our records show, the nearest approach being in 1927 when $622,212,000 was recorded. All other categories, of which the individual up totals for series domestic we by types of securities brought out the first half of each of the past 10 years. The second table includes foreign corporations: rency). CORPORATE ISSUES JAN. 1 TO JUNE and for property April Tobacco $56,119,934 American Stocks Stocks $2,925,291,227 1,075,685 shares of Co. stock common 55,000,000 Pacific Gas & Electric Co. 3%% first and refunding mort¬ gage bonds, series U, due Dec. 1, 1985. Purpose, to repay loans and for bank 50,000,000 American Tobacco April 1977. 1, $358,903,319 $673,430,981 $3,957,625,527 2,759,470,782 287,535,942 514,310,385 3,561.317,109 321,097,558 421,530,348 1982. Purpose, Purpose, construction. new 25-year debentures, due Feb. to reduce bank loans. to bank repay California 30,000,000 Southern series A, to due April Pacific loans for and new 2,883,407,308 220,716,250 335,123,027 1982. Lighting first mortgage bonds, 3(/2% Co. Gas l, Purpose, and Oil 25,000,000 Interstate $1). stock (par' Purpose, General Tire Jan. 10,000,000 1972. 15, promissory notes, 33/4% Co. Rubber & due Purpose, for working capital. bond^. and due Public Service Co. 3(4% first mortgage March 1, 1982. purpose, lor new Indiana 10,000,000 Northern indebtedness for capital ex¬ mortgage bonds, first Line Pipe series debentures, series que u, construction. Gas Property Management, Inc. 4% income deben¬ due May 1, 1967, and 300,000 shares of common $1), in units of $1,000 of debentures and 30 & tures, 1970. stock 3(4% sinking 1977. Co. 25-year March 1, due A, and Purpose, fund for (par stock of Purpose, due March convertible debentures, 3(4% Co. Steel 1972. 15, expenditures capital for 75,000,000 i<A } Purpose, 1970. 1, 1, sinking fund deben¬ Ltd. 37/4% of Canada, May 3(4% Firestone Tire & Rubber Co. May for expansion 25-year debentures, due working capital. Purpose, for expansion and 1977. program. collateral tru~t mort¬ gage 4%% sinking fund bonds, series A, due May 1, 1982. Purpose, refunding ($61,739,000) and for capital expendi¬ 3(4% Power Co. 1982. due March for new con¬ mortgage bonds, first to repay bank loans and Purpose, struction. ($2,500,000). tures Line Corp. Gas Pipe pipe line bonds due 1971. due 1, March 1977. 4% first mortgage loans. to reduce bank Purpose, 15,000,000 National Cash Register Co. 3%% Edison Co. stock 150,000 1, Power 1987. 1, Oil 35,000,000 Union due cumulative pre¬ 4.56% first 3(4% Co. mortgage to repay bank Purpose, Purpose, program for new construction Purpose, shares of 3(4% first mortgage bonds, due May refunding ($40,000,000) and for expan¬ ($15,000,000). Steel Corp. 1982. sion Co. of California 3(4% convertible debentures, 1972 (subordinate). Purpose, for expansion 1, May program. Purpose, for new construction. $100). (par Electric March 55,000,000 National sinking fund promissory equipment and working capital. bonds, 30,000.000 Dow Chemical Co. 3(4% Purpose, loans and for unsecured notes, due July 1, 1977. for expansion and working capital. construction. new Electric Co. 30,000,000 Union 15,000.000 Shamrock Oil due interests in oil 64,239,000 Chicago & Western Indiana RR. first 20,000,000 Illinois notes, due tures, working and capital. 1, for purchase of Purpose, properties. gas $90,000,000 Aluminum Co. expansion program and working capital. 24,496,500 Inland April 1, Gas Corp. & 1967. sinking fund debentures, 3(4% Purpose, to retire bank loans and of Missouri 3(4% bonds, due May 1, collateral trust for first mortgage and 1962. Purpose, to repay loans and for new construction. bank expansion program. 319,581,538 303,449,111 3,332,198,049 Texas Utilities Co. 494,956,472 210,071,316 2,765,521,438 par). Purpose, to 702,108,990 437,801,291 vances 1945 1,768,505,620 292,202.925 65,236.160 3,133,084,281 2,125,944,705 1944 690,763,000 238,547,300 36,456,359 965.766.659 16,406,288 393,513,681 27,962,393 series O, MAY 2,709,107,400 349,i45,000 Fund, Inc. 900,000 shares of capital for investment. 11,475,000 Canadian working capital. 1,993,174,000 1943 construction. for 12,000,000 West Penn Power Co. 3(4% first mortgage bonds, due April 1, 1982. Purpose, for new construction. to repay parent, Corp., 4%% Corp. 2,060,493,650 ____ bonds, due April San Diego Gas & Electric Co.' 3(4 % first mortgage bonds, series D, due April 1, 1382. Purpose, to repay bank loans 10,000,000 Oil Steel 1946 1947 construction. 12,000,000 25,000,000 Inland Steel Co. 3.20% first mortgage bonds, series I, due March 1, 1982. Purpose, for capital expenditures and 3,439,246,585 1948 repay and for new Alabama Power Co. 3%% first mortgage 1, 1982. Purpose, for new construction. con¬ penditures. 27,500,000 Kaiser 3,335,932,406 1949 to Purpose, parent, struction. Total 2,593,244,500 Co., first mortgage bonds, due advances- from Texas & Light Co. 3(4% 1982. 1, Utilities Co. 3(4% 50,000,000 Consolidated Edison Co. of New York, Inc. 3%% 30-year first and refunding mortgage bonds, series H, due March 1, due 1951^-rir shares of common stock lOaiio and for explora¬ 15,000,000 Tennessee Production Co. 1,250,000 (par $5). Purpose, to repay bank tion and development expenses. debentures, due Feb. 30 1950. debentures, due loans and lor working capital. Purpose, to reduce bank loans. (par $25). Common Notes 1952— 1977. 15, mortgage sinking fund bonds, Purpose, refunding ($10,720,additions ($4,280,000). Co. 3(4% sinking fund Purpose, to repay bank Purina 15,000,000 Ralston stock (par 14,000,000 Texas Power 15,000,000 Potomac Preferred Co., Ltd. 4(/2% sinking fund de¬ March 15, 1969 (payable in Canadian cur¬ for expansion and general corporate due Purpose, 15,000,000 Peabody Coal Co. 4(4% first series B, due April 15, 1972. 400,000 shares of common stock (par for capital improvements and working Inc. 3 (4% 15-year Purpose, to purchase pianes. 1967. 15,000,000 Ohio Bonds and 30, 20,000,000 Minneapolis-Honeywell Regulator Co. 3.10% 20-year sink¬ ing fund debentures, due April 1, 1972. Purpose, to repay bank loans and for other general corporate purposes. Electric Co. (Ky.) 3(4% first mortgage 1982. Purpose, lor expansion program. Air Lines, ferred DOMESTIC general mortgage bonds, and due June 30, *1972, 4(4% 1952 RR. June Westinghouse bentures, working MARCH show the volume of corpo¬ issues dated refunding. common 4% first mortgage pipe line retire bank loans and for Co., 20,000,000 Transcontinental In the tabulation below Line Coast B, Purpose, 12,000,000 small, added were to $28,478,350. rate in 1952 capital. Lines, Inc. 223,865 shares of 4(4 % cumulative preierred stock (par $iU0). Purpose, ror new Air 20,000,000 Canadian Inc. 250,000 shares of common Purpose, for capital expenditures. United year which ) promissory notes, due Jan. • Purpose, for expansion program. the & Telegraph Co., parent. Purpose, for capital additions and working shares In due and loans. Co. 32-year first mortgage bonds, 1984. Purpose, to repay advances Telephone April 1, due 22,000,000 Atlantic capital. 1950. months 1, bank reduce to • due Feb. 1, 10,900,000 Marathon Corp. $6.25). Purpose, 1, 1, equipment. 000) Louisville Gas & 11,250,000 Koppers 10,000,000 3%% serial debentures, 1963, 1965, 1967, 1969 Corp. April on American Telephone convertible Co. 440,000 shares ef common stock for investments in stocks of subsidiary Electric Penn $10). Eell C, April due Purpose, for new construction. 1987. Finance each debentures, program. 35-year first mortgage bonds, 3(4% purposes. par). bonds, 1, Purpose, 22,386,500 United companies. 12,000,000 3(4% 30-year Co. 25,000,000 United States Rubber Co. 3%% expansion. West under review amounted to $115,- of of for capital. similar period of 1951; short-term for the 762,714,782 April from due. & Seal Co., Inc. 37/s% promissory note, due Purpose, refunding ($16,750,000) and to repay bank 13,000,000 Texas Gas Transmission Corp. bonds, due 1971. Purpose, to 12,650,000 Can 1, 1932. 16,087,500 Owens-Corning Fiberglas Corp. 450,000 shares of stock (par $5). Purpose, for capital expenses and refunding over-all total. Long-term bonds and notes for the first six months of 1952 added up to $3,016,083,227 contrasted with $2,issues due loans, etc. ($8,250,000). of raising new capital dur¬ Offerings for the purpose 1, $5,000,000 1972. common pay Glass Co. 3% sinking fund debentures, 1967. Purpose, for capital expenditures and Purpose, for expansion series Co. 400,000 shares of for capital additions. due Plate 25,000,000 Household Cork 1972. $3,471,246,585 for 1949. ing the half-year Chemical sinking fund deben¬ 30-year Purpose, to repay bank loans and 1, 1982. and working capital. California Edison Co. 800,000 shares of common (par .$25). Purpose, to retire bank loans and for 1982. Business Machines Corp. 3%% promissory 2052. Purpose, for expansion program. Purpose, 3.20% Co. 25,000,000 Consumers Power Co. ($25,000,000). (par $5). due for construction program. due Jan. 1, 25,000,000 Crown and loans Gas System, Inc. 3%% debentures, series C, Purpose, for new construction and to April 25,000,000 Illinois 39,200,000 Monsanto debenturese, bank repay 1977. 1, 25,000,000 American FEBRUARY notes, the first six months of $4,102,085,527 as against $3,576,023,367 to loans. stock to repay $65,000,000 Remington Rand, Inc. 33/e% sinking fund debentures, Feb. 1, 1972. Purpose, refunding ($40,000,000) and 3%%> America of working capital. of 4'/2% City Power & Light Co. 100,000 shares preferred stock (par $100). Purpose, loans and for new construction. 1, 1977. 27,200,000 Southern 200,000 shares of 5(4 1c cumu¬ stock (par $50). Purpose, re¬ ($2,130,700) and for working capital ($7,869,300). cumulative Line Pipe Pittsburgh due 30-year 3V* % first mort¬ for new construction. 10,000,000 Kansas cumulative pre¬ bank loans and repay promissory notes, due Feb. Purpose, due April bank 10,000,000 Consolidated Grocers Corp. lative* convertible preferred 40,000,000 International Results for the Half Year Co. 1977. expansion April 40,000,000 Gas & Electric Co. bonds due 1982. Purpose, expansion corporate offerings for Total repay 10,000,000 Cincinnati 25,269,442,000 sales of special series certificates and notes; «old to Adjusted Service Certificates Fund and Unemployed Trust and notes to Federal Old Age and Survivors Insurance Trust •Comprises Purpose, to Purpose, to and working capital. 60,000,000 Columbia bonds due bank loans and for new 3(4% first mortgage promissory notes, due Jan. 1, loan notes. Chemicpl Co. 133,202 shares of common stock (par Purpose, for expansion and working capital. gage 24,978,021,000 Purpose, to repay 1982. 1, Purpose, to .retire interim 10,989,165 Dow 23,208,900,000 1, tures, Field & Co. 3'/2% 15,000,000 Marshall 1962. June- Biscuit United for construction. new program. APRIL construction. t25,716,000 606,409,000 May— for Power & Light Co. & due Jan. bands 477,950.000 123,409,000 Total Dayton for May- (par S50). Quaker Oats Co. 3(4% $90,000,000 Service first mortgage bank loans and 3(4% Co. Electric Michigan Indiana promissory notes, due for expansion Purpose, construction. expansion 196FT Purpose, for 252,795,000 154,480,000 stock new March & Chemical Corp. 375,000 shares of 5% preferred stock (par $50), convertible through expansion program. cumulative 17,000,000 407,275,000 10,000,000 C, sinking fund debentures, series for expansion program. 3% cumu¬ to repay bank Purpose, (par $100). Purpose, for expansion and working capital. Purpose, 19C4. 1, Jan. 1972. 18,750,000 Kaiser Aluminum 241,300,000 11,495,000 56,500,000 297,800,000 103,475,000 Notes $ $ $ April— Certificates due Corp. Steel 25,000,000 Armco Total 10,000,000 5.36% of for new construction. 1, ferred mort¬ loans first and refunding Purpose, to repay bank Co, Vk'k bonds due Jan. 1, 1982. new construction. preferred stock March March construction. shares 10,000,000 Illinois Power Co. 200,000 shares of 4.70% for and 100,000 Co. Gas 10,000.000 General Aniline & Film Corp. 3.(4% for Electric Philadelphia gage 1,294.000 326,606,000 Notes 92,550 000 sinking fund income deben¬ (interest cumulative and payable Purpose, for expansion program. United Gas System. 131,750,000 224,300,000 lative first mortgage and collateral trust Purpose, for expansion program of Gas Corjl. 3V2% bonds due Feb. 1. 1^72. 50,000,000 United 35,000,000 $ $ $ March— Certificates clue Jan. 1, 2002 annually only if earned). tures, 161,000,000 263,820,000 —------ Natural Paso loans and Co. 33/4% 66,000,000 Monsanto Chemical $ $ $ February— Certificates 10,000,000 EI bonds, mortgage first Purpose, for new construction. to repay bank loans and for new Purpose, 3Vi% sinking fund debentures Purpose, for expansion. of America Co. 3(4% Co. Natural Gas Co. 100,000 shares of $4.40 con¬ second preferred stock, series of 1952 (no par). Paso vertible 138,053,000 Light & Works 33,4% incorue debentures, due Purpose, for expansion program. Glass 1, 2002. 10,000,000 El of the issue: 192,400,000 223,062,000 Power D, due March 1, 1982. series during the first half of 1952 giving at purpose Central 10,000,000 Corning principal issues of securities placed the same time the list the we the Half Year Corporate Issues During Large Domestic (Continued from page 3) 13,314,893 13,170,000 Middle stock shares 409,689 bank repay of loans stock (no further for South (no $12.50). Co. Can Inc. 600,000 for Purpose, shares investments of in due June 1, tures, common stocks for of 989,599 shares of common stock (par for expansion program. Purpose, 25,000,000 Burroughs Adding Utilities, par). 25,976,974 American ad¬ common and subsidiaries. to Machine Co. 3%% sinking fund deben¬ 1977. Purpose, to repay bank loans and expansion. subsidiaries. sinking fund debentures, due May 1, 1977. bank loans and for expansion program capital. 20,000,000 Crane Co. 3(4% DOMESTIC AND FOREIGN CORPORATE CANADIAN—JAN. 1 TO ISSUES—INCLUDING JUNE 1952 1951 Preferred Stocks Stocks $3,046,291,227 $362,753,319 Total $693,040,981 $4,102,035,527 3,576,023,367 2,766,970,782 287,535,942 521,516,643 1950 2,620,789.950 I949_; 2,915,407,308 321,097,558 220,716,250 335,123,027 3,367,020,146 3.471,246,585 1948 2,775,267,400 319,581.533 303,449,111 3,398,398,049 425,132,633 1947 2,060,493,650 494,956,472 220,743.813 2,776.193.935 1946 2.068,374,000 702,108.990 446,643,791 3,217,126,781 1945 1,793,505.620 292,202,905 66,136,160 2,151,844,705 1944^: 743,013,000 238,547,300 36.456.459 1,018,016,659 1943 369,395,000 27,962,393 16,406,288 413,763,681 due & Light March 1, Co. 3%%' 1982. first 30-year Purpose, for mortgage construction Purpose, . to and working retire program. Common Notes Power bonds, 30 Bonds and 12,500,000 Pacific 15-year convertible de¬ 12,500,000 Southern Production Co., Inc. 3%% bentures, due March 1, 1967. Purpose, refunding ($457,925) and for expansion ($12,042,075). 12,000,000 Oklahoma due new March Gas & Electric Co. 1, 1982. construction,jq Purpose, 3%% first mortgage bonds, to repay bank lpans and for 10,385,929 Texas mon t,; Eastern Transmission (par $7). Bell Telephone 1984. Purpose, Co. 3(4% 32-year debentures, to repay advances from Ameri¬ May 1, can Telephone & Telegraph Co., tijje parent. 18,000,000 National Fuel May 15, to Gas Co. 3(4% 1977. Purpose, subsidiaries. to sinking fund debentures, due bank loans and for ad¬ repay SltM. . for expansion and working capital. stock Jersey due vances 10,686.932 Quaker Oats Co.r410,121 shares of commoriostock (par $5). Purpose, 20,000.000 New Corp. 610,937 shards of com¬ Purpose, for expansion program. 17,986,800 Ashland Oil lative & Refining second preferred prior to June 15, 1962). imiimvpmpnts and Co. 599,560 shares of $1.50 cumu¬ stock (no par value—convertible Purpose, for capital additions and workiner caoital. .Volume 176 Number 5139 . . The Commercial and Financial Chronicle . (419) iv,,000,000 Fort Worth & Denver City Ry. 4%% first mortgage sink¬ bonds, due May 1, 1982; Purpose, refunding. ing fund 16, ,050,000 Lion Oil Co. 400,000 shares of common Purpose, for expansion program. 15,,000,000 Lion Oil Co. April 1, 3%% 1972. L, series Purpose, June 14,,049,720 1, 1967. Wisconsin stock *13, 425,000 dated June- Purpose, for Electric (par $10). Food and new Power series Co. 702,486 new Can 000.000 of of CEpltftii American com¬ working California pre¬ 5*4 %- cumulative preferred Canada stock term Co. 3 'A % notes, $1,500,000 deebntures (June). ' Co., 3%% - (April). Phenolic Corp. 4%% RR. $25,- Carolina Jan. 1 1987. Carolina due Jan. 1, 1971, Caterpillar Tractor, Co; 3%% promissory notes due Jan. inclusive, $7,000,000 (March), 1, 1967, Central 1, 1982, bonds, series D, due :12- 500,000 New Jersey series A, due <12, 500:000 Wisconsin due -li. 704,574 1982. Co. notes promissory notes Co. 3% % Purpose, for Electric Purpose, refunding. American first mortgage bonds acquisition of properties'. for first new System 1967, Apex 920,573 shares due (par $1). Purpose, to further construction programs operating subsidiaries. 10, 250,000 Dallas Power tive & preferred from Texas 10, 000,000 Hooker May Light stock Co. (no pari. Utilities Co., 1977. Purpose, parent, Electrochemical 1, 100,000 shares Co4 Purpose, to of to and for 33i% March cumula¬ May 15, & Light Co. 1982. notes and Purpose, to first mortgage bank repay loans bonds, and 'stock, and Lighting series for B new 10,000,000 Tennessee new 100,000 shares Purpose, of. to 1 preferred bank preferred stock Co. 100,000 $100). (par shares of Purpose, bank loans. to 15, due June 1, 30,000,000 Beneficial 1. 30-year debentures due Purpose, for expansion and working capital) 1981. Service Electric 1972. Loan 1Q,72. & Gas Purpose, Corp. Purpose, for 3'4% 3.%% bank debenture debentures loans and 25,000,000 C. I. Purpose, 25,000,000 Public Service bonds, and for 3% promissory working Co. series J, loans Corp. for note June States due May 1, due 1, June 1982. Co. 3 - & mortgage bonds bank loans and fox- repay 21,281,203 Consolidated stock (par Natural $15). Gas Co. Purpose, 409,254 increase to shares of in loans & 20,000,000 American entures and Gas due for Electric & June 1, investment in Purpose, stocks of sinking to fund 18,000,000 American 1, 1987. 17,850,000 Public 15,000,000 Service for of $100). to Budd repay Gas & Co. Purpose, 3*4%. Co. for first Purpose, and working 700,000 new repay capital. shares of bonds, bank com¬ and & & due Dec. due D, Pipe Sept. 1, Co. fund notes due (par bonds, 1982, 1971, series due B, (April). 1, Corp. 1967. 3*/s% Purpose, 15-year for series A, 5%% 33-year 1979, New due bentures England July American from Telephone 1985. 1, Telephone 314% Co. de¬ A (par 1982, A, stock 12,000,000 Kansas due Gas due due note Sept. Dec. due ! $1), June Electric 1, 1962. 3%% Co. Purpose, to first mortgage bank repay loans : bonds due and for 12,000,000 1951 Co. Co. l, D, due June States 11,644,143 Northern 10,758,464 for new stock Co. $5). ipar & Power Purpose, $10). (par first for mortgage new (Minn.) Purpose, bonds, 1952-1957, bank repay of 1961, Co. 494,642 shares of for new construction. Co., 10,242,500 American stock Gas (par Electric Co. Purpose, lor & $10). Line Co. 5*4% 1, 1967, due bonds 15-year first 1962, of. June after 1972, 1, Our Sales record of notes due in the Half promissory , bonds,' series 1, March mortgage 1976,, $5,000,000 first 1953 El to repayable du6 sinking Private sales, it might be well to explain, comprise those securities issues not publicly offered but sold di-j rectly by negotiation to a relatively few large purchasers, I ordinarily insurance companies and banks. No distinc-; tion is made between private and public issues in our detailed compilation of capital flotations. It ought also be to the made clear to avoid any misunderstanding of figures, that the compilation is only of security issues and does not include bank loans. Following is Bros. Co. 1, debentures 374% series Empire 1967, Family April fund notes due Sept. 1, debentures due list of all private issues which we have Adshelf, Inc. 5,000 shares Iron Works sinking of common fund (May). stock promissory (par $1), notes $10,000 due 1962, a (April). $600,000 Inc. Co., 1, fund notes $300,000 notes, mortgage bonds first mortgage due Jan. sinking 1, fund (March). due March notes debentures 37/8% 3.95% 1972, 1, March due promissory promissory promissory (February). 1, 2002, due notes notes note due due Dec. 1972, May 1, 1967, 1954 1, 4% to 1, 1965, to July 1955 I, (convertible stock), $2,000,000 (January). common 4% Co. (Kansas) notes 15-year 3%-3%% 3*/4% due May 1967, 1, obligation general due notes (June). unsecured notes due Stores, Co. Inc. 3%% July 1977, $30,000,00© 1, notes promissory 4% promissory note due Jan. 1967, 15, • - Gas on first 3%% $5,000,000 to 1957 Southern March Gas July due Sept. - Co. of and 1952 mortgage 1971, 1, pipe $1,000,00© line bonds California of due promissory 1967, 1, inclusive, 4)4% Co. 4)4% notes due $1,000,000 debenture 20-year (March). 4.1% Corp. V 15-year - . each March - notes, 1972, 3*4% due serial notes, 1957 $8,000,00© " . promissory notes from 1 • • 4*4% America at Baltimore due promissory through ' ' Feb. ' 1964, 1, dated June 2, 1961, $2,000,000 (June). Foremost Dairies, Inc. 4% promissory note due March 1, inclusive, $5,000,000 (February). $1,- bonds due bonds (January). Finance Finance first (February). Corp. Metallurgical Corp. $2,500,000 (January). $2,000,000 mortgage Co. Trailer Co. 3%% fund 1953 to 1957, due debentures Aug. 1966, 1, (February). Fruit Growers Express Maxcn $6,495,000 due sinking Co. 3*/4% equipment trust certificates, series O, due annually to March 15, 1967, inclusive, 1952 and Is, (March). Acceptance of 4.20% Corp. subordinated due note 1, Aug. 196J., 45.8 221 461 total volume 41.1 44.5 '194 - ' " 42.7 243 27.3 39.2 34.0 80 „ Issues 165 14.0 35.5 117 18? $561,560,000 $722,001,687 $1,283,561,68': 21.4 21.4 17.6 20.! 60 shares 80 $499,148,114 36.4 23.1 25 30 $180,977,500 $272,897,50( 22.2 27.4 of 38 55 9: ' Issues $223,269,700 Percent of total volume $210,664,850' 31.2 $869,990,73? 27.« 41.f 87 $418,775,000 $957,337,30C 38.0 34.8 36.f 65 Volume 92 issues - $507,580,385 $834,540,281 29.6 30.6 ^ Percent of total volume of Issues 71 13' $309,980,000 $418,577,500 Percent of total volume 1937—Number of issues Volume Percent of total volume 19G2, of common stock (par first mortgage bonds due 1982, 3%% • • . note promissory - • , April due notes 1957-197?., 1, 4*4% 15, due Jan. $4,000,000 Corp. promissory notes due Feb. 1S72, 1, 1957- (April). ' 4*/4% 10-year promissory $1,600,003 notes, Co. 4% promissory notes serially due 1955-1967, in¬ (June). Co. (C. shares 33,000 City Co. of 5*4% preferred stock (par Steel 4>/4% first mortgage bonds due Nov. 1, 1967, (April). Loan Loan $500,000 Hall Steel (May), Guardian Co., Inc. Co., serial due notes subordinated Inc. $500,000 1957-1960. debentures (June). 1954-1962. due (June). M.) Lamp Co. promissory notes, $1,000,000 (June). Harris-Seybold Co. 33/4% sinking fund note due April 1, 1967, $4,000,00© (April). Electrochemical Hooker $10,000,000 Household on 1981, Husky Co. 3%% 1963, Corp. 35/« % 1965, 1967, Lighting & Power Co. $8,475,000 (March). Oil Co. promissory notes due May 1, 1977, (May). Finance April 1, Houston 100,000 Illinois Central RR. $728,557,50( 35.3 shares due $5,000,000 each. 1969 and 1972, $25,000,000 (April). serial 3*/4% of debentures first mortgage bonds due Get. common stock (par l.\ $1,050,000 $1), consolidated mortgage 30-year 4 */4% bonds, series B, 33.5 i ; -. 30.7, / j 51 76 12' $229,828,780 Volume C.) $5,000,000 ?n.5 66 issues Volume 1, (May). $326,959,904 of Co. Plywood Co. 15' ' Percent of total volume of Rubber shares 5,000 promissory (May). $3,300,000 Guardian 21! " issues Co. - $1,250,000 City $100), Granite $433,934,55C 64.4 128 $538,562,300 of Granite 25.5 issues (A. clusive, 5! $91,920,000 of Aug. Gladding, McBean & Co. promissory note due 1967, $5,000,000 (June). 14C $370,842,625 due (April). inclus.ve, Gilbert 25.f 65 issues notes (January). 24f $450,826,055 $1,221,719,324 $1,672,545,37? & Gerity-Michigan 437 $758,691,200 $1,388,893,599 $2,147,584,799 Tire 1966, March due . 3%% Corp. Georgia-Pacific 39.5 240 Insurance (May). inclusive, $3,000,000 390 subordinated (June). Time $10,000,000 -.—..$1,396,705,750 $1,400,982,395 $2,797,688,145 Volume 1938—Number 177 $975,296,545 $2,209,625,914 notes (June). $3,750,000 General 55.8 (February). promissory Telephone Co. oi Illinois 3%% General trust certifi¬ equipment $1,109,100 3*4% 4*4% Corp. Guaranty General 527 25.6 issues Percent of total volume 1909—Number 474 38.2 299 213 Volumo 1940—Number - 29.8 Percent of total volume 1941—Number - $1,004,814,054 $1,405,995,457 $2,410,809,511 ' 1942—Number 214 228 Volume 1943—Number $3,000,000 38.2 Percent of total volume of Finance 3*4% Corp. 1962, 1, Corp. (March). $10,000,000 General Feb. to Film & $10), $100,000 Volume 1944—Number Total Year Transportation serially Aniline General 260 — of due 1972, Last 6 Mos. $1,234,329,369 of American General 29.1 issues cf General FINANCING $1,364,708,924 $1,216,690,210 $2,581,399,134 issues — is 210 issues of 1937 $1,194,133,102 __— of since $450,683,000 $680,511,78( 33.8 30.8 31.1 - due June Illinois due 1. 1982, Consolidated Jan. 1, 1982, $13,000,000 64 53 11' $305,991,000 $150,311,094 23.3 18.7 first mortgage bonds, series T>, (January). ' Indianapolis Power & Light Co. 30,000 shares preferred stock (par $100), $3,000,000 (April). of 4.60% cumulative- • Inter-Mountain Telephone Co. series D, 374% due 1977; $2,000,000 first mortgage sinking fund bonds, (February). $456,302.09' 17.1 (May); Telephone Co. 3.85% $900,000 • 20-year sinking fund notes due 1972. debenture promissory 4% Products 1, cates • Allegheny Ludlum Steel Corp. 3% $5,000,000 (January). 4)4% income Fansteel (no par), 1967, 1972, placements 1 Percent of total volume a first (June). 1967, bonds, General Percent of total voiume 1945—Number • 3%% into Natural Paso Fruehauf issues Volume reported in the first six months of 1952 together with summary of the figures for the past several years: Ajax of Volume • 3%% Corp. Chemical Co. Products Electrical $700,000 annually (January). promissory CORPORATE Percent of total volume 1946—Number 1 March due sinking (June). $2,000,000 $7,000,000 of all Volume - subordinated Co. Corp. Co. Wichita of bonds, series (March). (February). 4*/4% 1947—Number of issues--.™' t notes 15-year \ Corp. Chemical Ekco warrants 12, mortgage debentures 1st 6 Mos. Percent of period since we started compiling these figures sepa¬ rately in 1937. The figures for the half year of 1952 placed through the private route amounted to 29.28% of all corporate financing and compares with 38.2% so placed in 1951. promissory 1, 1972, $2,500,000 Seal years $800,000 Co. to (February). Almy $2,000,000 cumulative purchase 1958 $2,875,000 (May). Volume security issues placed privately shows that 210 issues of this character, aggregating $1,194,133,102 were sold during the first half of 1952. This is amongst the largest in total amount and number of issues involved in placements of this nature for any six months due (May). F, - ■ Volume of Corp. 1953-1962, inclusive, $150,000 note (June). l6-year 4*4% Co. Percent of total volume Year promissory notes (May). two & Feb. first 3%% fund Percent of total volume Securities 3*/4% Co. Utilities & $2,500,000 1952-1364, 4.75% stock consolidated inclusive, Utilities summary 1948—Number Private 3)4% promissory notes due Jan. inclusive, $1,500,000 (June). 1961, $1,500,000 due mortgage shares 3%% Dec. promissory note, to Volume oaerating subsidiaries. , 20-year promissory notes due Nov. 30, 25-year Service Works (March). 3*4% Water & Telephone $1,000,000 (April). > 1949—Number 170,000 shares of common investment in securities of B, (June), Ltd. sinking Percent of total volume common and 3%% Co. inclusive, $2,000,000 $2,500,000 . 1950—Number - series bonds due (January). Rubber Dewey common Ltd. 1971, $15,200,000 Cement Volume loans ! „ Corp. 3)4% $15,000,000 (June). Chemical $9,300,000 in- Dow 25,000 and due (January). 1951—Number scares 1,108.966 to • first mortgage (March). Cork Edison Percent of total volume series construction. construction. Electric Virginia 314% Purpose, Power stock common and 1982. 1, fund debentures, 3>/4% promissory note due May 1, 1957, $25,000,- Bronze March $25,000,000 stock Dayton June 3%% 3%% 1976', $5,000,000 Volume Utilities Co. Kentucky sinking 30-year $10,000,000 (March). (April). Co., Electric 1, 3%% 1953 1952—Number construction. new (June). (June). Co. Pipe Line Co. 3.35% Glass- Diocese - ' 1964-1972, sinking fund debentures due Chemical Gas $7,500,000 preferred preferred 1, debentures 4*/4% PRIVATE & 4)4% 3%% Co. Discount $975,000 bonds $1), (par cumulative cumulative mortgage Inc. Electric 1, construction. - 1, (March). 1967, 1, Consolidated . private given in the following table: Purpose, to repay advances Telegraph Co. and for new & JUIy preferred (June). dated penditures. 15,000,000 Southern Graphite May Crown note 20-year California ex¬ cumulative (April). Community Public stock common $5 promissory $1,000,000 (March). California-Pacific sinking capital $5 of (June). $5,000,000 Commonwealth (April). common of of $100), with (January). Corp. (May). Chemical May 3*/4% $5,000,000 ciated 15,000,000 Columbia-Southern Inc. $5,000,000 Electric $5,000,000 1977, (March). Bryson, & Calaveras for shares (March). Financial Corp. 3% 1971, . Light $1,000,000 Columbia from construction. new Power dated Dec. 200,000 series loans G, due Burdines, Inc. 25,000 shares of $5 convertible preferred stock $2,500,000 (April). Jan. construction. mortgage to due Jan. (June). Bigelow 4*4% $7,500,000 (May). 1, notes series $22,000,000 debentures', ' first Manufacturing inclusive, cumulative Purpose, due bonds mortgage 1972, of mortgage 1967, $2,000,000 Fisheries due due (June). Davidson 3)4% $2,500,000 G, 414% promissory expansion pari. 1382. 1, (par 3•%% Co. Electric (no Edison July stock shares bonds, 3'4 % of shares promissory Corp. stock Brown expansion. Cyanamid Purpose, Boston due 200,000 for and stock mon Inc. preferred loans 1, Buckeye Stores, convertible bank Decker Columbia subsidiaries. construction. Safeway 4% Corp. (June). Sivalls British loans 20,000,000 Public Service Co. of Indiana, Inc. 800,000 shares of 4.32% cumulative preferred stock (par $25). Purpose, for new 20,000,000 Co. 1967, deb¬ bank reoay C, (January). shares 4-*4 % $1,800,000 1982, G, 3%% Co. 1977. series $1,000,000 shares • promissory (February). Corp. British expansion, T. Continental 4% attached, repay for and Inc. I. 000 Deep Rock Oil April Booih bonds shares of capital stock, $550,000 1982], $10,000,000'(January). (April). Loan Hills sidiaries. bank 1962, shares 10,000 40,000 preferred 21,000,000 Texas Eastern Transmission Corp. 210,000 shares of 4.75% convertible preferred stock (par $100). Purpose, to 4*4% (April). Co., Fibre 1S72, & mortgage Dewey & Almy Chemical Co. 3)4 % 5-year convertible notes due &uo* 1, Gas Cleveland 30, senior 1, $1,000,000 $3,000,000 Black capital investment (Feb¬ t Inc. g^m.Hc-b-and Black, June Corning $3,800,000 Gossett Black 314%-first Purpose, to June 4%% April Inc. Inc. Mills, inclusive construction. new due $100), Mills, $30,000,000 capital. Indiana, Inc. 3%% first mortgage July 1, 1982. Purpose, to repay bank Power $3,000,000 to 1964, $2,000,000 (June). construction. new Northern (par Aircraft Bell working due to (January). par), due 21,500,000 fund general due Corp. and Refractories, Bell of due debentures, mortgage 4'4% and 35,000 Beneficial Financial T. 1957. notes (January). due for capital. RR. 1952 Banking 1952 elusive, bonds Electric $3,000,000 Cleveland-Cliffs-Iron 30,000 Beaunit » construction. new 20-vear retire to Co. 1953 Banking Corp. 5% (subordinated) debentures, series April 1, 1952 and due April 1, 1962, $1,000,000 (April). Beaunit Westinghouse Electric Corp. 3*4% Dec. Public 1972; City Stores Co; fund first Refractories, (no 40,000,000 l, stock 1., first 50,000 $5,350,000 Columbia-Southern Line 30, Co. Refractories, Inc. (January). Basic repay JUNE $50,000,000 June $315,000 5.25% par), Louisiana Feb. C. $300,000 loans Basic Transmission promissory first mortgage sinking $6,300,000 (March).- Coast dated Basic 5% repay 15, Automobile notes, Light Co. Explorers, Ltd. 50,000 Cincinnati 3% 1971, Automobile construction. Gas cumulative Co. $100). (par secured Co. due' Jan. notes promissory notes due serially City Electric $4,620,000 (March). Atlantic due for Co. 1, April 10, 000.000 Kerr-McGee Oil Industries, Inc. 15-year 5% due 1967. Purpose, to repay bank loans. Manufacturing Atlantic ex¬ construction. 10, 000,000 Long Island & July due for promissory (March). Steel Corp. 3% sinking 1964, $25,000,000 (January). dated 3*/4% 37/e% Corp; (February). . Armour pansion. 10, 000,000 Iowa Power Electrical 1, construction. loans mortgage bonds, $760,000 Power & Champion Paper & Co. Armco advances repay new promissory bank repay $4.24 first (May). common stock of Seating Apex Smelting Co. 4% of 10-year 4'4% inclusive,- $2,500,000 ruary) mortgage bonds, construction. Corp. (June).. 4>/4% Power (no Central 1 30-year 4 »/4% Purpose, Power 1982. England 1, Gas 1977. Electric May 1, New June Natural mortgage Mountain 1961, $250,000 stock 20-year (May). 15, due (March). American Seal-Kap consolidated sinking fund debentures due April t Central 4)4% due - ,13,,000,000 Illinois Co. promissory notes, $2,500,000 notes promissory 3 '/a % Telephone (June). Westinghouse Co., Ltd. 4)4% sinking fund debentures due 1969, (payable in Canadian curency), $20,000,000 (April). March » ... Ltd. & Dry Ginger Ale, Inc. Canadian long 30-year Water 1977, -$3,000,000 (January), $2,000,000 , participating 1, Metal $7,500,000 Machinery & Chemical Corp. 300,000 shares (par $10). Purpose, for expansion and cumulative (May). of (May). Inc. Cyanamid American common Co. 6% of $600,000 shares (April). American construction. shares $100), 11,000 $1,100,000 $18,000,000 shares 6,000 (par Co. $100), American certificates, semi-annually to equipment. Purpose, for Co. stock Finance Aluminum Industries, due trust due stock mon C, program. equipment 1952, Finance ferred Allied par) (par debentures, for expansion 2%% 1. (no ' sinking fund 15,,000,000 Seaboard Air Line RR. stock Allied T (Continued on page 8) t 8 The Commercial and Financial Chronicle (420) International Business Jan. l, due Machines 2052, $40,000,000 Interstate Telephone Co. 1982, $900,000 *'' Corp. of bonds first mortgage Wash. 4% Spokane, Iowa Electric Co. due note Dec. Iowa Electric Light & Power Co. first mortgage due March 1, 1982, $5,000,000 (March). Jamaica Water Feb. 1, Kaiser Supply Corp. 43/4% first series D, due Southern 1970, $27,500,000 5(4% cumulative due bonds City Suburban Water Co. 3,500 shares of preferred stock (par $100), $350,000 (February). Kansas-Nebraska Natural fund bonds due June Kansas Power & Light Co. 3(4% sinking mortgage Gas Co., Inc. 3(4 % first 1971, $3,000,000 (May). 1, Kentucky Telephone $1,800,000 (April). Kentucky stock Utilities (par 3.80% Oil $10,000,000 first Co. Industries, preferred cumulative 4%% of shares 15,000 (June). Inc. Co. 1967, due notes due first 20-year bonds, fund sinking 4(4% mortgage Locks, $500,000 La Telephone Water $700,000 & first 37/a% Corp. 1977, $250,000 1, Lakewood Lea note, mortgage (March). Power Co. first 374% bonds mortgage Gas 4(4 % Co. first ' ■: < $300,000 1972, due bonds mortgage 4(4% f;r;.V 1956, $900,000 first mortgage due Dec. 28, (January). Leslie Salt Co. Lewis 4% due March Lewis 1, notes due 1967, promissory Investment 5% Co. $500,000 1962, Investment 6% Co. Welding $150,000 Lion Oil & (subordinated) debentures, 1962, $500,000 (April). fund 5(4 % Corp. note, convertible 10-year 15, 1955 Steel to Aug. Co. 15, 1967, inclusive, $3,000,000 promissory notes Field $5,000,000 Marshall & 3%% Co. & 3%% Co. (Glenn L.) Co. stock McBee Co. 1961 promissory 1982, 1, March due notes 5%% preferred cumulative notes due 1967, $360,000 37/a% to (I.) Sons, Minneapolis Gas stock (April). note 4% due $2,000,000 1966, 15, March first Co. 334% mortgage bonds due 1977, $1,700,000 Chemical Cash 1, Co. 334% Register 1977, sinking 3%% Co. $15,000,000 Discount fund income debentures Corp. Electric & to 1991, 3%% Co. sinking fund State promissory notes due due notes 1962, $1,000,000 4(4% first Co. mortgage bonds, series A, due 3%% sinking 334% sinking fund debentures due fund debentures due Gas Co. Corp. 4(4% $200,000 Car Corp. 3% subordinated convertible sink¬ (January). and Telephone Co. 3.55% 3(4% 4(4% Co. Virginia Smelting (April), Indiana Public Service Co. G, due March Northwestern 1, 3(4% 1982, $10,000,000 Public Service Co. first mortgage bonds, series Ohrbach's, Inc. 3% promissory 4(4% promissory Manufacturing Co. 4% mortgage bonds due 1978, notes due Dec. 1, 1966, as Gamble notes due March 1972, 1, Gas debentures of California 4(4% & stock Photon, Inc. Co. Electric Co. (par $25), Service 1982, October 21,944,601 39,098,263 November 36,607,693 16,740,493 24,790,489 34,116,548 notes due Jan. 1, June 151,246,802 Tot. cal. yr. 1972, OF MUNICIPAL 303,171,201 399,570,133 l, due Half Year the first six months of 1950. -1950- Refunding New Total $ Capital $ Capital 348,674,310 221,100,904 569,775,214 153,524,409 19,394,000 February. 285,406,211 7,938,205 293,344,416 184,713,434 March 3,496,500 10,228,000 233,439,431 *549,563,440 167.914,060 362,905,565 3,569,000 4,436,904 232,067,911 411,650,304 169,694,702 303,791,354 2,914,011 282,730,943 143,907,216 4,185,900 148,093,116 452,107,913 1,937,211 454,045,124 May 375,903,215 11,276,530 387,179,745 181,216,934 157,686,060 228,498,911 407,213,400 614,932,804 11,180,000 626,112,804 279,816,932 257,618,750 2,478,550,419 1,407,956,646 months.. 2,220,931,669 334,267,106 150,581,908 841,000 September- 264,730,210 368,114,910 17,863,200 297,470,200 276,119,215 19,409,835 4,185,000 4,125,000 272,087,205 181,497.213 355,538,295 137,791,271 $ $ 1,391,615 6,286,228 2,913,516 6,114,910 14,116,294 234,831,046 19,649,105 353,916,211 555,849,668 365,819,081 175,809,611 317,907,648 50,471,668 2,004,133,266 758,229 204,425,733 265,431,705 320,740,018 151,422,908 268,915,210 385,978,110 301,595,200 295,529,050 1,803,600 8,483,106 6,432,000 3,298,000 14,178,213 28,113,045 205,183,962 273,914,811 278,519,203 184,795,213 369,716,508 165,904,318 Total 2nd 6 months. 1,675,952,861 48,227,635 1,428,651,446 1,416,771,422 61,262,593 1,478,034,018 Total 12 months—- 3.083,909,507 92,266,050 3,176,175,557 3,370,433,020 111,734,261 3,482,167,261 •Revised figures. 3%% promissory note due 1967. 306,680 shares of 5% of of Co. New Co. 1977, Co. of Mexico stock 30-year 1952, and due annually 1953 to inclusive. Purpose, for new equipment. Price, to yield from 2.15% to 3.25%, according to maturity. Offered by Halsey, Stuart & Co. Inc.; R. W. Pressprich & Co.; A. G. Becker & Co. Inc.; Freeman & Co.; The Illinois Co.; Wm. E. Pollock & Co., Inc.; and McMaster Hutchinson & Co. North & convertible debentures $201,400 3%% first mortgage inclusive. equipment. Price, to yield from 2.10% to 3.35%, to maturity. Offered by Halsey, Stuart & Co. W. Pressprich & Co.; The Illinois Co.; and Mc¬ new according (Jan.) first mortgage bonds trust equipment X, July dated 1967, 1, ?2,350,000 Minneapolis, St. Paul & Sault Ste. Marie R.R. 3(4% equipment trust certificates, series A, dated July 1, 1952 and due semi-annually to July 1, 1967, inclusive. Purpose, for $1), 3(4 % Ry. Western 1952 and due annually to Purpose, for new equipment, Price, to yield from 2.20% to 3.25%, according to ma¬ turity. Offered by Salomon Bros. & Hutzler; Drexel & Co.; Union Securities Corp.; and Stroud & Co., Inc. redeemable first pre¬ (par Carolina, Inc. 4(4 $1,700,000 (January). 3(4% dated June 1, EE, July R. Inc.; Master Co.' Hutchinson & RR. 3(4% equipment trust certificates, series TT. due annually July 1, 1953 to 1967, inclusive. Purpose, for new equipment. Price, to yield from 2.20% to 3.30%, according to maturity. Offered by Salomon Bros. & Hutzler; Drexel & Co.; Union Securities Corp.; Pacific tl,875,000 Missouri (March). North Maturing 1967, (May). common closs, equipment trust certificates, Ohio RR. 3(4% t$3,960,000 Baltimore & bonds Stroud and promissory notes due Feb. 1, 1977, $10,000,000 & 11,350,000 Virginian Ry. 2%% equipment trust certificates, series E, due annually on July 1, from 1953 to 1967, inclusive. Purpose, for new equipment. Price, to yield from 1.90% to & Chemicals, Inc. 3 (4%-4% 2.87 Co.; $16,590,000 •• . (February). Rohnj & Haas Co. 3(4% promissory (March). , notes t20,000,000 American to maturity. Co.; r. 1, 1957 and 1967, entures and Gas ,& 100.75% and by R. W. Electric Co. accrued interest. '*V\" iK* ■ 3%% sinking fund deb¬ to repay bank loans subsidiaries. Price, Offered by Halsey, Stuart June 1, 1977, Purpose, investment in stocks of due for r-'.OlT i-v .:: PUBLIC UTILITIES •. due July Offered & Co.; William E. Pollock McMaster Hutchinson & Co. Freeman V f sinking fund debentures due Feb. 1, 1972, 1 1 Co.; & The Illinois first mortgae bonds and notes due $5,000,000 (May). Remington Rand, Inc. 3%% according (4%, Pressprich & 115,000,000 Boston Edison Co. 3(4 % first mortgage bonds, series D, due July 1, 1982. Purpose, to repay bank loans and for new construction. Price, 100.485% and accrued interest. Co. Inc.; Baxter, Williams & R. L. Day & Co.; Equitable Son, Inc.; Mullaney, Wells & Co.; Patterson, Copeland & Kendall, Inc.; Wm. E. Pollock & Co., Inc.; R. W. Pressprich & Co.; The Rob¬ inson-Humphrey Co., Inc.; Schoellkopf, Hutton & Pomeroy, Inc.; Shields & Company; Stern Brothers & Co.r Walter Stokes & Co.; Townsend, Dabney & Tyson and Offered by Halsey, Stuart & Co.; Clayton Securities Corp.; Securities Corp.; Gregory & Weeden & Inc. Co. *5,000,000 British Columbia Electric Co. Ltd. 3%% first bonds, series G, due Dec. 1, 1976. Purpose, for struction. Placed privately with institutional by Wood, Gundy & Gundy & Co., Inc. as agent, Co., Ltd., Nesbitt, Thomson & mortgage new con¬ investors through Wood Co., Ltd. and Societe de Placements, Inc. *3,000,000 California Water due & 1977. Telephone Purpose, Co. to 4(4% repay sinking fund bank loans and privately with New York Life Insurance Co., Mutual Life Insurance Co. of New York; •Massachusetts Mutual Life Insurance Co.; and Bankers Life Insurance Co. of Nebraska. for Packing Co. 3(4% promissory notes due March 15, 1977, $3,500,000 Inc.; Parker debentures Inc. Co., Co., Anderson During June, 1952 Long-Term Bonds and Notes (Issues Later Than Five Years) $3,000.- com¬ Adams & Peck; Amer. Securities Corp.; Strudwick; Geo. G. Applegate & Co.; Auchin& Redpath; Bache & Co.; Ball, Burge & Kraus; Baxter, Williams & Co.; Bear, Stearns & Co.; Stockton Broome & Co.; Byrd Brothers; City Securities Corp.; Clayton Securities Corp.; Coffin & Burr, Inc.; Courts & Co.; S. K. Cunningham & Co., Inc.; Shelby Cullom Davis & Co.; DeHaven & Townsend, Crouter & Bodine; Foster & Marshall; Freeman & Company; Green Ellis & Anderson; Gregory & Son, Inc.; Ira Haupt & Co.; Mullaney, Wells & Co.; New York Hanseatic Corp.; Pacific Northwest Co.; Roger S. Palmer Co.; Peters, Writer & Christensen, Inc.; Wm. E. Pollock & Co. Inc.; Prescott, Shepard & Co., Inc.; The Robinson-Humphrey Co., Inc.; L. F. Rothschild & Co.; Singer, Deane & Scribner; F. S. Smithers & Co.; Stern Brothers <fc Co.; Stifel, Nicolaus Ss Co.. Inc.; Stix & Co.; Sweney Cartwright & Co.; and Thomas & Co. Oversubscribed. & Details of New Capital Flotations (April). $8,600,000 172,918,409 Total Refunding $ 44,038,415 1,451,995,061 1,953,661,598 318,936,418 November.. 1952 FIGURES BY MONTHS $ 1967, $1,400,000 (June). Quebec Telephone Corp. 4(4% first mortgage sinking fund bonds, series D, due May 1, 1972, $1,000,000 (May). $65,000,000 350,165,338 282,256,704 -1951New (March). Reichhold 10,950,161 15,182,375 $1,250,000 $ t6,555,000 Chicago $7,667,000 shares $1,500,000 Service 1967, 125,381,194 6,662,745 26,783,641 $ certificates, Robinson 7,600 Quaker Oats Rath 133,184,851 180,092,730 19,195,618 $ (March). due 15,293,474 24,766,550 24,688,344 1, Jan. Total Pitney-Bowes, Inc. 334% promissory notes due Feb. 28, 1967, $3,000,000 due 28,778,285 30,410,349 37,214,340 66,724,136 11.334.733 25,185,622 9,783,161 1982, 21,020,057 1964, due notes subordinated notes due Jan. 1,. Philadelphia Suburban Transportation Co. 4(4% due 1967, $300,000 (March). Public 156,875,510 23.751.732 15,882,167 July __——. August 1952 $6,700,000 Peoples Water & Gas Co. 5% debentures due June 1, 1971 (with mon stock purchase warrants attached), $2,240,000 (January). , 29,300,280 Tot. 6mos. Refunding (June). Public due SUMMARY $1,500,000 $2,000,000 (January). ferred 51,670,355 211,611,641 promissory Tot. 6 mos. series Pacific Finance Corp. 000 21,346,188 151,924,399 266,385,282 170,072,608 10,373,126 aggregated $2,478,550,419 for compared with $1,451,995,061 for the same period last year. Below we present a tabulation of municipal financing by months since January, % Corp. Pacific 28,869,867 4,732,036 42,867,266 39,733,669 25,654,929 (June). (March). Pacific 32,769,317 15,696,485 RAILROADS first (January). 1963, 64.298.510 55,433,608 first mortgage bonds due 1982, ' promissory (April). 3%% $1,000,000 (April). Osborn notes promissory 4(4% Inc. promissory notes due serially sinking fund notes due April 1, 1977, $750,000 (April). Oliver 20,315,178 44,216,600 June 1955, October promissory Gas Acceptance debentures, American Northern promissory ; (February). 1963, $4,000,000 (January). North 65,612,548 32,288,324 $5,000,000 (February). Amercian North 20-year l, December- fund ing 22,818,254 48,971,104 August 1991, $5,000,000 (March). 1, 334% Jan. July (March). 4(4% New York State Electric & North due due $12,500,000 (May). 1, 64,074,568 April September Rubber Total 1st 6 2002, $66,000,000 (January). New York State Dec. 6,902,646 (April). June New Jersey Natural Gas Co. Dec. 33.559.509 24,442,067 first mortgage bonds due Feb. 1, 1972, (April), 1977, 25,010,104 24,674,494 January.. (May). March 21,927,272 36,275,734 (June). $7,700,000 (March). National notes Inc. Upstate Telephone Co. of New York 4% (par } Inc. Mississippi Valley Gas Co. 4(4% National 26,262,180 February April & $ 27,592,122 9,181,108 January.— 1967, (March). $5,000,000 States Manufacturers, & promissory notes due 1953-1963, inclusive, (March). $ ' 1982, 1, convertible subordinated notes (with 4% 1948 1949 1 December Merchants Warner-Hudnut, (January), 1, collateral & 334% $2,300,000 Jan. 1, New Capital Mead Corp. Monsanto $ May——— 5% Co. (March). Miller Feb. 1963, $2,000,000 notes due Dec. 31, Engineering Co. 4(4% promissory notes due Dec. 15, annual repayments beginning Dec. 15, 1952, $550,000 with 1950 $ March due debentures 15-year Corp. 3%% Utilities NEW FINANCING 1951 Long-term financing by States and municipalities 10-year 15-year 4(4% NOT REPRESENTING $ (January). Municipal Financing for of purchase warrants attached), $6,000,000 McNeil Machine ISSUES pipeline mortgage 1952 (January). Corp. 10.000 shares $100), $1,000,000 (June). common March due notes have on their own account, and present the results in the table below: (January). $4,000,000 Field Macco Martin promissory (March). $15,000,000 first 4% Corp. be¬ (March). Inc. Fastener $1,000,000 $4,530,000 1962, (April). Marshall Line annually repayable promissory notes, $1,000,000 3(4% (February). $25,000,000 (May). due $165,000 United promissory notes due semi-annually from 10-year 4(4% Pipe $20,000,000 15-year Lines, Cities United note, sinking fund debentures, series C, due April 1, 1972, 4(4% Air United (May). Corp. Gas 1971, 374% Inc. public utility holding companies com¬ some proceeds of the sales. Such offerings as these have no place in our compilation of new issues, but we have tabulated them separately for whatever interest they 1972, (January). and due March 1, Engineering Co. 3%% Liquid Carbonic Aug. due bonds Uarco, United-Carr and 1952 1, (May). $15,000,000 Lukens March 1, June 1957 to 1964, Inclusive, due 1961, (January). notes $600,000 1952, securities ings in our totals since 1942. Of course the companies securities are involved receive no part of the may unsecured 1, Transcontinental $10,000,000 (February). $6,000,000 dated (April). sinking series A, dated March 1, 1952 Lewis debentures senior due notes notes due serially 4(4% Corp. Nov. United Leeds & Lippincott Co. fund sinking 4% holdings, prefer by making a public offering of the so whose (June). (June). 3(4% Co. ginning (May). County (June). $1,000,000 Trane 1977, due Thorp Finance Representing: New Financing: offerings. Similarly "special offerings" on the several stock exchanges are included with the secondary offer¬ (February). Co. do Likewise bonds line pipe mortgage sinking fund notes, $2,000,000 Mfg. $2,000,000 notes, plying with the Utility Holding Company Act dispose of their holdings of subsidiary companies through public $1,000,000 (April). due bonds, series E, mortgage Glass 4% Corp, $13,000,000 1971, Airport Corp. Thatcher inclusive, 1953-1962, due (May). Crosse March 5% Inc. T-S Transmission Gas promissory involved. (April). first 15, due Dec. 1953 to 1962, in¬ subordinated debentures bearing non-interest Corp. 1953, $200,000 1, 2d-y<(ar 3% % debentures due July 1, $3,250,000 1967, due notes promissory 4% Inc. Co., Factors May Texas $2,500,000 (February). Kwikset Standard due secured 5% 15-year (May). Fibre to Springfield Gas Light Co. 20-year due Feb. 15, 1972, $1,000,000 (February). Sprouse-Reitz 30-year 3(4% desiring to liquidate all or part of their $900,000 (April). 3%% notes dated Feb. 15, 1952 and 1982, due bonds mortgage bonds due 1982, (April), $100), $1,500,000 Kerr-McGee Keyes Corp. bonds, mortgage occasion that owners of large blocks of securities which have been outstanding for some time, Springfield City Water Co. 3%% first mortgage bonds, (May). promissory notes due 1962, $1,250,000 first mortgage first 334% Inc. promissory (notes (February). Co. Brothers Co., It happens on (January). $3,333,333 $4,750,000 (May). Kennametal, Inc. 4(4% bonds due 1982, Public Service Co. 334% Southwestern 1982, first mortgage bonds due May 1, first mortgage (April). $3,333,333 Corp. (June). Issues Not Co. 334% Public Service Southwestern stock (par 10 cents), (April). due (January). $1,250,000 1982, Kansas Electric 4(4% $3,000,000 Younkers 334% first mortgage bonds 1980, due bonds mortgage first 3%% $1,000,000 (March). 1982, Corp. clusive, mortgage bonds dated first 30-year , Associated Telephone Co. Southwestern (March). 4(4% Co. Co. Inc. 2,500 shares of common Telephone & due $50,000,000 1981, Wickes Power Utah F, Westinghouse bonds due Dec. 1, 1970, 4% (March). 1952, $975,000 (May). 1, Light series due 1977, bonds mortgage first 334% Co. Power Telephone (June). (March). $5,625 series B, $350,000 bonds, mortgage Paperboard Corp. first mortgage $9,300,000 Feb. mortgage first 4% $1,788,311. certificates, trust equipment Corp. Western Gold Mines, Western Colorado Southern 1977, $1,200,000 (February). Steel Co. Gas Coast $2,000,000 1, 1967, $1,000,000 (May). bonds, series F, bonds, 1967, $2,500,000 (May). sinking fund notes due July Co., Inc. 4% (June). Southern $1,000,000 (June). 3%% first mortgage 35/a % Co. (January). $2,000,000 1966, 15, first mortgage bonds due 1982, 4% Atlantic South (April). 3%% Morgan) West $3,500,000 (June). • Intertype (S. Smith Petroleum August 4, 1952 Monday, . (March). Simplot (J. R.) Co. secured promissory note due due notes promissory 33/<% Corp. (February). Warren first mortgage bonds due 1982, Scranton-Sprlng Brook Water Co. 3(4% $3,000,000 (June). (Continued from page 7) . . new construction. Placed Electric Co., Inc. 3%% first mortgage due June 1, 1982. Purpose, for new 103% and accrued interest. Offered by Salomon Bros. & Hutzler; Merrill Lynch, Pierce, Fenner & Beane; and StroucL Jc Co., Inc. t4,000,000 Central Louisiana bonds, series D, construction. Price, •Represents issues placed privately. ^Indicates issues sold competitively, tlndicates sDecial offering. ef t ...iiil'uL. I Volume 176 Number 5139 . The Commercial and Financial Chronicle . . (421) Telephone Co. of Illinois. 37b% first mortgage 1982. Purpose, for new construction. Placed "•3,750,000 General bonds •760,000 American due bonds. privately. *7,000,000 Gulf Power Co. first mortgage bonds, due July 1, 1982. Purpose, to repay bank loans and for new con¬ struction. Price, 100.47%. Offered by Kuhn, Loeb 8c Co. 3%% Oversubscribed. •1,000,000 Iowa ' Purpose, Co._4% for due June six 1, Offered 1982. Purpose, due June 1, and to repay 101.421% bank and loans V " Cullom Davis Cleveland & and for due interest. accrued interest. & Northwest Bosworth, Co.; Schwabacher 8c & Mutual wood, Life Sullivan ♦5,000,000 Co.; The First 8c Co.; Pacific 8c Co., Inc.; Insurance of Co. Placed privately York New through due States June 1, with *2,500,000 Under¬ Nolan A. Stein & and 1 1 for Drew & First Co.; .' I Co. & The Inc.; Ferris & Co.; Folger, 6c to first Life 1, 100.799% 6c Co.; and & Electric 1972. Co. Co., 8c 135,000 Co. Co.; *■ ■ \ inick Omaha June " Gas & Co. for 3%% new debenture E. F. Co.; }'■ construction. Price, 6c 1 Merrill & Agnew 6c ) ' Co.; curities Tucker, f Scranton & Co.; Shields Alstyne Co.; Dean Witter Struthers & Co., & Co.; and Harold Yarnall & E. Wood & Co.; Gas Electric & Corp. 3%% first for mortgage new interest. •3,000,000 Scranton-Spring new due Brook 1982. Water Purpose, construction. Placed to Co. repay 3'/2% first bank privately with investors. con¬ Offered Life Insurance Co. and the Society. *15,000,000 Southern a and working 1 ' ' - , - i - ' , , The group of Wilmington Savings Fund . * 8c Weeks & Co., Stubbs; Linn. Oversubscribed. Life Co.; New York Life Insurance Insurance Co. of New York. Co.; and due Purpose, and Banks. INDUSTRIAL (non-callable), dated Purpose, refunding ($3,650,000). for the agent P™^tely with White, Weld & a AND MANUFACTURING 3%% promissory notes due Jan. expansion and working capital. Placed group of institutional investors through Co. ($63,000,000 Offered and through for Everett 2.05% due Credit Banks "new Smith, banks. Intermediate debentures dated July consolidated April 1, "new 1953 money" Macdonald 1.90% G. consolidated 1, 1952 and due Oct. 1, 1952. for "new money". Price, at par. Offered by donald G. Newcomb, New York fiscal agent. Purpose, for privately with Pur¬ pose, Mac¬ $178,355,000 STOCKS debentures due 1967. Pur¬ bank loans and for working capital. Placed Paine, Webber, Jackson & Curtis. stocks of computed at stated a stocks of no their par value are taken at par, while pre¬ value and all classes of common stock par are offering prices.) PUBLIC UTILITIES $10,242,500 American & Burr, Inc.; Chase, & - & Inc. t 372% 30-year debentures due Purpose, for expansion and working capital. par. Placed privately with institutional in¬ & Co.; The First Boston (par First , Co., Oil Corp. July 1, Placed Cleveland $10). Corp.; First Southwest Co.; Glover & MacGregor, Inc.; Grimm & Co.; G. C. Haas & Co.; Hallowell, Sulzberger & Co.; H. Hentz & Co.; J. A. Hogle & T. H. Patton 4% promissory notes due Jan. 1, inclusive. Purpose, for expansion with Penn Life Mutual Jones & Co.; & Co.; Kay, Richards & Co.; McJunkin, Moors & Cabot; Newburger, Loeb & Co.; Co.; Penington, Colket & Co.; F. L. Put¬ nam & Co., Inc.; Rambo, Close & Kerner, Inc.; Scott & Strlngfellow; Sills, Fairman & Harris, Inc.; Thayer, Baker & Co.; Thomas & Co.; Wagenseller & Durst, E. 1961, privately & Electric Co. 170,000 shares of common Purpose, for investment in securities of operating subsidiaries. Price, $60.25 per share. Offered by The First Boston Corp.; Glore, Forgan & Co.; Kidder, Peabody & Co.; Ladenburg, Thalmann & Co.$ Clark, Dodge & Co.; Hallgarten & Co.; Lee Higginson Corp.; American Securities Corp.; Dick & Merle-Smith; Tucker, Anthony & Co.; Wood, Struthers & Co.; Laird, Bissell & Meeds; John C. Legg & Co.; McCormick & Co.; Yarnall & Co.; Bache & Co.; Ball, Burge & Kraus; Crowell, Weedon & Co.; Elkins, Morris & Co.; Goodbody & Co.; Jenks, Kirkland & Grubbs; Kean. Taylor & Co.; New York Hanseatic Corp.; Reinholdt & Gardner; Suplee, Yeatman & Co., Inc.; Watling, Lerchen & Co.; Barret, Fitch, North & Co.; J. Barth & Co.; George D. B. Bonbright & Co.; Chaplin & Company; Blair F. Claybaugh & Co.; Dallas Union Secu¬ rities Co.; Emanuel, Deetjen & Co.; H. L. Emerson 8c Co., Inc.; F. S. Emery & Co., Inc.; Fauset, Stele 8c Co.; The Whiteside, West Inc.; and Towns- Co., Gas stock 1981. program. In¬ Co. M. Newton & Inc.; Wood¬ cock, Hess & Co., Inc. LAND, *$150,000 Diocese tion of due construction. 1,350,000 Lutheran to first accrued interest. from for Dec. 1, to 1952 construction. new Offered by Ziegler C. B. June Price, due 8c inclusive. Offered *2,000,000 T-S 1, 1967, par company Underwritten by Paine, Webber, Jackson & Curtis; Webster Securities Corp.; and Mitchum, Tully par. & Service $25). per share. Co., & William < Water (par Blyth Corp. Sinking fund notes. Purpose, to con¬ hangar. Placed privately with an insurance through Union Securities Corp. of 5% stock, 1947 series (par $20). Pur¬ bank loans and for new construction. Price, Co. stock and 372% by B. C. Zegler & Co. Davis, R. Inc.; Elworthy & stock and new for fered by Public for company Unsubscribed capital. Placed privately with Eastman, Dillon & Co. through *5,000,000 City Stores Co. 3>/4% institutional investors and company and a national bank and A. G. Becker 8c Co. Inc. through Lehman Brothers Corp. Subordinated debenture Purpose, for working capital. Price, at an average unit price of $96 per $100 of notes. Sold privately. *2,000,000 Edison Bros. Stores, Inc. 3%% promissory notes due 15, 1967. Purpose, for expansion and working capital. Placed privately through Lehman Brothers, G. H. Walker & Co. and Bacon, Whipple & Co. Jan. Services ordinated working fered Price, at Mackall & Coe, by Goodwyn *2,000,000 Finance dated Finance Corp. debentures due June capital. & Co. Placed of 2, 1961. America 1952 Peabody General Finance Corp. 1, 1962. Purpose, privately with *500,000 Guardian pose, for at sub¬ Purpose, interest. Lemon Baltimore. due for each & 372% March general New 472% Co., for Of¬ and serial 1 corporate notes from 1957 purposes. subordinated notes due general England corporate Mutual purposes. Life Insurance Aug. Placed Co. Loan Co., Inc. subordinated debentures due 1954Purpose, for general corporate purposes. Placed for through Charles H. Loan Co., general Inc. ♦3,000,000 Pacific Gamble Purpose, Robinson for Mills & Co. serial notes due corporate through Charles H. Mills 1967. accrued with institutional investors through 8c Co., and Stein Bros. & Boyce. Kidder, *3,000,000 convertible 1962. 1, Johnston, and Purpose, privately , 572% and Olds. June through par & Co.; purposes. (par sidiaries. A. M. general common & Co., Inc.; Lundborg & Irving Corp. to 70,289 by Of¬ stock¬ common underwritten Hallgarten & Co.; American Co.; Hanrahan & 8c Secu¬ Co., and Gas Purpose, $52 Co. to shares of capital investment in sub¬ 409,254 increase share. per Offered without by company underwriting. for Over¬ subscribed. Is 3,300,000 Empire District Electric Co. Purpose, for (par $10). 150,000 new shares of construction. common Price, $22 per share. Underwritten by The First Boston Corp.; G. H. Walker & Co.; Blyth & Co., Inc.; Eastman, Dillon & Co.; Harriman, Merrill Ripley Lynch, Securities & Co., Inc.; Kidder, Peabody Co.; 8c Pierce, Fenner & Beane; Stone & Webster White, Weld 8c Co.; A. C. Allyn & Co., Inc.; Robert W. Baird & Co., Inc.; Central Republic Co. (Inc.); W. C. Langley & Co.; F. S. Moseley & Co.; Shields & Co.; Bear, Stearns 8c Co.; Estabrook & Co.; Hornblower & Weeks; W. E. Hutton & Co.; McDonald 8c Co.; R W. Pressprich & Co.; L. F. Rothschild 8c Co.; Stifel, Nicolaus 8c Co. Inc.; Dean Witter & Co.; Edward D. Jones & Co.; Laurence M. Marks & Co.; Merrill, Turben & Co.; Newhard Cook & Co,; Reinholdt & Gardner; Riter & Co., Stix & Co.; Stroud & Co., Inc.; Baker Watts & Co.. Boettcher & Co.; A. G. Edwards & Sons; J J. B Hilliard & Son; A. E. Masten & Co.; Metropolitan St. Louis Co., Prescott, Wright, Snider Co.; The Co., Inc.; Scott, Horner & Mason, Inc., and Yarnall & Co. Corp.; RGbin^n-Humphrey Oversubscribed. $6,675,000 Kansas stock new Gas (no & Electric Co. 200,000 Dillon shares of Purpose, to repay bank Price, $33.3772 per par). construction. 8c Co.; loans common and for s^re. Offered y Sachs & Co., .Ji' Hornblower & Weeks, Carl M. Glore, Forgan & Co.; Goldman, Pur¬ (Continued privately promissory note due corporate purposes. Placed privately through Blyth & Co., Inc. by. Lynch, Pierce, Fenner on^page 10) , 3%% of loans share. per (44,375) Merrill shares bank repay $12.25 subscription Kidder & Natural $15). Price, Co. Co. Slocumb Co.; Price, shares Co.; of loans. Price, Witter 8c Co.; Schwabacher 8c Co.; Oversubscribed. Purpose, subscription by stockholders, Eastman, 1957-1960. Placed Co.; & shares bank Dean Kinsley & Adams. 21,281,208 Consolidated stock Discount notes. 300,000 Federal Allen stock 33/4% 20-year promissory notes due Nov. 30, 1971. Purpose, to repay bank loan and for working capital. Placed privately with an insurance ♦300,000 Commonwealth & Corp.; & Service $6). (par Peabody rities by Brush, Kaiser construction. & retire Tully & Co. Beane; *$30,000,000 Beneficial Loan Corp. 372% 20-year debentures due June 1, 1972. Purpose, to retire bank loans and for working Co.; Co.; & Vermont common 50,000 to Underwritten Co., and Mitchum, $861,040 Central Co. Purpose, Staats Skaggs holders. MISCELLANEOUS shares preferred 1,462,500 California Co. new 350,000 at $29.25 Airport struct Ltd. repay & and quarterly from Feb. 1, 1957 to Aug. 1, 1961, Purpose, for new construction. Price, at par. Co., pose,'to Stone Sisters of St. Joseph of Carouidelet. 37»%", 33/s% notes obliga¬ for new Purpose, Telephone cumulative general of Southern California. 372% mortgage sinking fund bonds, refunding Purpose, 3%-33/4% inclusive. privately. Society semi-annually inclusive. 110,000 Placed 7,000,000 Associated ETC. (Kansas). 1953-1962, Hospital 4 74% due BUILDINGS, Wichita notes *500,000 Guardian Co. series B-1953 consolidated June 13, 1952 and due Feb Purpose, refunding ..($77,650,000) and for ($4,375,000). Price, at par. Offered by Newcomb, New York fiscal agent. £ Equipment Co., Inc. 572% debentures due Purpose, for working capital. Price at par. First Trust Co. of Lincoln (Neb.). Com¬ Coffin Rock privately •*18,000,000 American Cyanamid 1, 1987. Purpose, for Issues Bros 2% Intermediate Credit Banks debentures dated July 1, 1952 and York. companies through F. Eberstadt to Agency Government Loan 1953. Co.; 1955 con¬ unit. through by surance to per Salomon 82,025,000 Federal for with 1967. Placed New Price, at vestors through Kuhn, Loeb Corp.; and Drexel & Co. 1962. *200,900,000 i 16, OIL Shearson, Hammill 8c Dreyfus & Co., and Rod¬ Insurance OTHER of $500 underwriting < Tfie lepay 15, *$1,500,000 Deep Inc.; •2,000,000 West Coast Telephone Co. 37a% first mortgage bonds due 1980. Purpose, to repay bank loans and for new con¬ struction. Placed privately with Massachusetts Mutual Life Loan fiscal $118,455,000 New due Robinson-Humphrey Mutual notes capital. Co. Purpose, Price, through Hutzler. 29,680,000 Federal 4 74% stock. without Financial money" Placed privately Life Insurance Co. and the National working of machines. company, Corp. 3% promissory note due May 1 Purpose, for working capital. Placed privately with of Institutional investors notes Penn capital. Winslow, Inc.; F. L. Putman Dabney & Tyson. Dec. five American Co.; Whiting, man notes. T. *$66,650,000 Federal Home Manufacturing Co. 4% surance for England Telephone Co. 374% 33-year de¬ July 1, 1985. Purpose, to repay advances Telephone & Telegraph Co. and for new construction. Price, 101.014% and accrued interest. Offered by Lehman Brothers; Salomon Bros. 8c Hutzler; Dick 8c Merle-Smith; Equitable Securities Corp.; Schoellkopf, Hutton & Pomeroy, Inc.; Stroud & Co., Inc.; Cooley 8c c°-; Courts & Co.; Folger, Nolan Inc.; The Milwaukee Co.; bentures from I. & *4,000,000 Warner-Hudnut, Inc. 4V4% promissory notes due June 1, 5972. Purpose, for expansion, to repay bank loans and for working capital. Placed privately with two life in¬ mortgage loans •350,000 South Atlantic Gas Co. 4% first mortgage bonds, series B. Purpose, to repay bank loans and for new construction. Price, at par. Placed privately with Massachusetts Mu¬ tual with $3,610,000 by Kidder, Peabody & Co.; White, Weld 8c Co.; American Corp.; Lee Higginson Corp., and The Ohio Co. Oversubscribed. ; promissory 20 shares by group Farm (S. Morgan) Co., Inc. 4% sinking fund notes due 1, 1967. Purpose, to repay bank loans and for ex¬ pansion.- Placed privately with institutional investors through The First Boston Corp. Securities bonds privately Wood, Co. bonds, series N, due June 1, 1982. Purpose, struction. Piice, 101.421% and accrued ' Placed and recovery public Kidder, *8,000,000 Rochester . to capital. July 8c Company; Shuman, & Co.; Singer, Deane 8c Scribner; Smith, Barney William R. Staats & Co.; Stone & Webster SeCorp.; Stroud & Co. Inc.; Spencer Trask 8c Co.; Anthony & Co.; Union Securities Corp.; Van Noel Corp.; G. H. Walker & Co.; White, Weld & C. *3,500,000 Smith Lynch, Pierce, Fenner & Beane; Merrill, Co.; The Ohio Co.; Paine, Webber, Jackson & Curtis; R. W. Pressprich & Co.; Putnam 8c Co.; Reynolds & Co.; Riter & Co.; Schoellkopf, Hutton & Pomeroy, Inc.; working ' MISCELLANEOUS Insurance Co. of America. send, & W. of notes silver 1957. ferred written Weeks; & Co.; W. E. Hutton & Co.; The Illinois Taylor & Co.; Kidder, Peabody & Co.; W.! C. Co.; Lee Higginson Corp.; Carl M. Loeb, 8c Co.; Laurence M. Marks & Co.; McDonald Co.; Chas. i Hemphill, & for Peters" Inc. Equipment Corp. 5-year 5% unsecured 2.000 shares of common stock (par $1) In units $248,000 *$25,000,000 (Preferred Harriman & Turben $480 struct Chemical Fibre Co. first mortgage 5% bonds July 1, 1972. Purpose, for expansion and other cor¬ porate purposes. Price, 100% and accrued interest. Under¬ Hutton Rhoades ! Co.; and Underwritten by Christensen, Recovery Offered due interest, Offered by Morgan Stanley Glore, Forgan & Co.; A. C. Allyn Kean, Langley • & 1,250,000 Penobscot bonds Granbery, Marache 8c Co.; & Co., Inc.; Hayden, Miller 8c Co.; Graham, Parsons & Co.; Hornblower Ripley Noyes, of Co. Insurance 1962. to pose, Dominick; Francis I. duPont & Co.; Equitable Corp.; Estabrook & Co.; The First Boston Corp.; Fulton, Reid & Co.; Robert Garrett & Sons; Gold¬ *'• loans Co. 15-year by privately & & $101 Including Five Years) notes and , Lamp and Body 1, *1,400,000 Osborn Inc.; and F. S. Yantis & Co., Inc. Inc.; Bacon, Whipple & Co.; Robert W. Baird Inc.; Baker, Weeks & Harden; Biddle, Whelen Sachs of $100 a Purpose for general per unit. Offered bv Walt INDUSTRIAL Writer pleted. Securities man, Price, shares of AND MANUFACTURING $200,000 Band-It Co. 6% debentures due May 1, 1953-1957, inclusive. Purpose, to retire bank loans and for working capital.' Price, 100% and accrued interest. Co. & Mutual Life Offered Corp.; Ester 8c Co.; Foster & Marshall; Freeman & Co.; Green Ellis & Anderson; Co.; Blunt Ellis 8c Simmons; Blyth 8c Co., Inc.; Bosworth, Sullivan 8c Co., Inc.; Alex. Brown 8c Sons; Central Republic Co. (Inc.); E. W. Clark & Co.; Clark, Dodge 8c Co.; Richard W. Clarke Corp.; Coffin & Burr, Inc.; Dom- • OTHER Corp. 3 78% 15-year sink¬ 1967. Purpose, for capital ex¬ with institutional investors ($840,000). and expansion Securities Purpose, and accrued Drexel and Corp. promissory note due Sept. 1, 1971. bank 6c ! 1, *50,000,000 Westinghouse Electric Corp. June Securities Detroit. Mutual Co., Inc.; L. F. Rotchschild 8c 8c Mayer; Shaughnessy & Co. Inc.; Company; Stifel, Nicolaus & Co. Inc.; Stokes Thomas & Company; Van Alstyne Noel Corp.; Service Union promissory notes due serially 1955Purpose, refunding ($410,000) and for Co. M.) of *360,000 McBee mortgage & *40,000,000 Public of debentures 2,500 units Short-Term Bonds and Notes (Issues Maturing Up to a Insurance England Bank Oversubscribed. due May McBean (C. New construction. Arthur L. Wright 8c Co. in $47,850,000 Chemical privately reduce capital expansion Seasongood Co.; Price Curtis. Insurance Offered Equitable and $1) stock. J 48,000 Metals inclusive. *1,000,000 Hall Robinson-Humphrey Co.; debentures program. promissory note due 1967. Pur¬ pose, refunding ($2,542,000)* and for working capital, etc. ($2,458,000). Placed privately with Metropolitan Life Arthur L. Wright & Co., Inc. of 8hields and privately with Prudential Mutual Michigan Corp.; Co.; Leonard A. Frisbie Gregory & Son, Inc.; J. B. Hanauer & Co.; Harris, Hall 6c Co. (Inc.); Ira Haupt & Co.; Heller, Bruce & Co.; Johnson, Lane, Space & Co., Inc.; Mullaney, Wells & Co.; Alfred O'Gara & Co.; Patterson, Copeland & Kendall, Inc.; Wm. E. Pollock & Co., Inc.; Reinholdt & Gardner; } Brothers Placed & *5,000,000 Gladding, Burnham & Co.; Burns, Corbett & Plckard, Inc.; Byrd Brothers; Clayton Securities Corp.; Coffin & Burr Inc.; C. C. Collings & Co., Inc.; Courts & Co.; R. L. Day 8c Co.; Dempsey & Co.; Dick & Merle-Smith; Charles H. \ fund & Almy Chemical Co. 4% 15-year notes due May 1967. Purpose, for expansion program. Placed privately Massachusetts Mutual Life Insurance Co. and New 1967 new interest. sinking expansion Underwritten *1,250,000 Gilbert (A. C.) Co. 4% 374% first mortgage bonds to repay bank loans and for 101.153% and accrued interest. to repay bank Price, 102.384% and by Halsey, Stuart & Co. Inc.; Allison-Williams Co.; Aspden, Robinson & Co.; Auchincloss," Parker & Redpath; Ball, Burge & Kraus; Bear, Stearns 6c Co.; Stockton Broome & Co.; Alex. Brown & Sons; loans three by Wertheim Co., Inc.; The First Boston Corp.; Gold¬ Co.; Kidder, Peabody & Co.; Lazard Freres notes due Purpose, Co. and income issue, *1,000,000 Thorp Finance Corp. 474% notes due serially 1957 to 1964 inclusive. Purpose, for general corporate purposes. Placed privately through Brew Emch Jenkins Co Co. working Boyce loans with Dewey Price *25,000,000 Public Service Co. of Indiana, Inc. 33/s% bonds, series J, due July 1, 1982. Purpose, Accrued & Placed & Bros. bank for interest. ♦1,000,000 Ekco Products Co. 4% Inc.; Hentz repay privately Champion Paper & Fibre Co. 3%% sinking fund deben¬ tures, series B, due June 1, 1972. Purpose, for general corporate purposes. Placed privately with Equitable Life Assurance Society of the United States through Goldman, Jackson Foster & Marshall; Hayden, Stone & Co.; Co.; Henry Herrman 8c Co.; W. E. Hutton & Co.; Indianapolis Bond & Share Corp.; Johnson, Lane, Space & Co., Inc.; Johnston, Lemon & Co.; Kaiser .& Co.; Mead, Miller & Co.; E. M. Newton & Co.; The Ohio Co.; Prescott, Shepard & Co., Inc.; Salomon Bros. & Hutzler; H. to bonds & & Lehman Purpose, Evans cumulative of (par share one corporate purposes. with 572% England Mutual Life Insurance Co. through Paine, Webber, Co.; Clement Co.: 1, by Lehman Brothers; Riter & Co.; Geo. G. AppleBall, Burge & Kraus; J. Barth & Co.; Bear, Stearns & Co.; Blair, Rollins & Co., Inc.; Burnham 8c Co.; and 5% date stock common debenture through The First Boston Corp. Offered gate & from years A with Power 1982. construction. mortgage 3%% Purpose, accrued Blyth ing fund *5,000,000 New England Power Co. 374% first mortgage bonds, series E, due June 1, 1982. Purpose, to repay bank loans. Price 1007a % and accrued interest. Offered by Halsey, Stuart & Co Inc.; Weedon & Co., Inc.; Auchincloss, Parker & Redpath; and Wm. E. Pollock & Co., Inc. Oversubscribed. new 20 Clyde. first 25-year ♦15,000,000 Columbia-Southern and first mortgage bonds due 1972. construction. Corp. 1977. Sachs Sachs Neuhaus & Co. *21,500,000 Northern 1, penditures. new due 1967. Oversubscribed. Co. •300,000 Lea County Gas Co. 474% for 250,000 Sterling Finance Corp. Insurance Co. Co. and Co.; man Offered Fahey, Clark 8c Chas. W. Scranton June 1003/4% . , Co.; Corp.; Purpose, Life 5,000,000 Bristol-Myers first mortgage bonds, series Purpose, for new construction. Price 1982. through class 1962-1964, inclusive. Purpose, for working capital. Placed companies. and 372% accrued mortgage promissory note due June 1, working capital. Placed privately for Mutual first privately insurance by Blyth & Co., Inc.; A. C. Allyn & Co., Inc.; A. G. Becker & Co. Inc.; Paine, Webber, Jackson & Curtis; G. H. Walker & Co.; McDonald & Co.; Baxter, Williams & Co.; Courts & Co.; The Milwaukee Co.; Singer, Deane & Scribner; Shelby • Penn due bonds mortgage by Kuhn, Loeb & Co. 102.82% • first 3%% Co. Price, *12,000,000 Kentucky Utilities Co. D, .Purpose, , Placed 4% Co. " first Electric & construction. new Gossett & 472% 10-year expansion. . mortgage, bonds due 1982. construction. Price, at par. Placed insurance companies. new privately with Gas ♦1,500,000 Bell Corp. Corp. •1,800,000 Bingham-Herbrand Electric *12,000,000 Kansas Seal-Kap for Securities Purpose, American 9 ♦Represents Issues placed privately. $Indicates issues sold competitively. Vindicates special offering. i 10 Putnam (Continued from page 9) eight with privately Placed & stock by .' t • by stockholders, common underwrtiing. of shares 18,280 Co. Utilities 283,340 Missouri States 11,644.143 Northern stock common for and by to Purpose, $5). shares of 1,108,966 (Minn.) Co. Power (par bank loans Offered repay Watts common stockholders, by Lehman Brothers; Riter & Co.; Allison-! Co.; Ames, Emerich & Co., Inc.; Geo. G. Apple- subscription for company by Williams Co.; Co.; Compton & Wharton; George R. Crowell, Weedon & Co.; S. K. Cun¬ Curtiss, House 8c Co.; Dempsey & Co.; Dixon Bretscher Noonan, Inc.; Doolittte & Co.; A. G. Edwards & Sons; Elworthy & Co.; Emanuel, Deetjen & Co.; Clement A. Evans & Co., Inc.; Fahey, Clark & Co.; Farwell, Chapman & Co.; Ferris & Co.; Field, Richards 8c Co.; The First Cleveland Corp.; First Securities Co. of Chicago; Folger, Nolan Inc.; Foster & Marshall; Ful¬ ton, Reid 8c Co.; Robert Garrett & Sons; Glover & MacGregor, Inc.; W. Dl Gradison & Co.; Granbery, Marache & Co.; Greene & Ladd; Halle & Stieglitz; Hamlin 8c Lunt; Hill Richards & Co,; J. J. B. Hilliard & Son; Investment Corp. of Norfolk; Jenks, Kirkland & Grubbs; Cohu Cooley & & Co.; Inc.; Co., ningham Co., & Inc.; Johnson-McKendrick Edward Carl Jones D. Kidder & & Johnston, Inc.; & A. Co.; M. Co.; Lester. Rvons & Co.; Loewi 8r. no.; Irving Lund- Legg & Rhoades & Co.; & Lemon Richards Kay, Co.; John C. Co.; Loeb. M. Co., Co.; Mackall 8c Coe; Mannheimer-Egan, Inc.; Laurence M. Marks & Co.: Mason, Moran 8c Co.; McCourtney-Breckenridge & Co.; McDonaldMoore & Co.; Meed, Miller & Co.; Merrill, Turben 8c Co.; Metropolitan St. Louis Co.; Revel Miller & Co.; Mullaney, borg & Co.; Wells & Reinholdt Inc.; Robinson & Rodman 8c Co.; Smith, ner; Suplee, Irving Linn; Showers; Robert Moore Nicolaus Rambo, Close & J. Rice & Co. Co.; Gardner; & Lukens; The Robinson-Humphrey Co., Schwabacher & Co.; Shearson, and Inc.; Hammill Snider Wright, Prescott, Inc.; Stifel, Co.; & Murphey Favre, Inc.; Newburger & Co.; The Pacific Northwest Co.; Peters, Writer & Christen¬ Inc.; Kerner Lyons Co.; Ohio Co.; sen, L. W. 8c Yeatman Co.; Co., & Co., 8c Singer, Stix Stokes Co.; Fox; & Co.; & Sweney Cart- Co.; & Scrib- 8c Meyer Sutro Inc.; Deane Frank. & Stern, Inc.; wright & Co.; Taussig, Day & Co., Inc.; Townsend, Dabney & Uhlmann Tyson; Harold Co.; Latshaw, & Wood E. & Lerchen Watling, Inc.; L. Arthur Co.; Wright & & Co., Inc.; Wurts, Dulles & Co.; F. S. Yantis & Co., Inc.; Yarnall Zuckerman, and Co., & £8,000,000 Oklahoma mulative Co. preferred stock, Coffin & Hutton Inc.; Burr, 8c series 4.92% of (par $50). B cu¬ Purpose, Price, construction. new Securities Equitable W.- Pressprich R. Co.; American Co.; shares 160,000 to Securities Co.; & F. L. Dick Corp.; Company, Inc.; 8c Sons; Brown A. Masten E. Auchincloss, R. 8c DeHaven & Co.; & ;' Marshall; & Harris, Co.; & Ohio Redpath; & Putnam 8c 8c Reinholdt Coe; Horner & and Co. of Mason, Talmage 8c construction. new & Co., Indiana, Price, Eastman, Inc.; Cabell at Inc. Dillon & The Co.; & Co., Ripley Brothers; Merrill Inc.; Kidder, Lynch, Pierce, & Securities A. C. Stone shares of i Purpose, for Blyth by First . Eoston Lehman' Beane; Smith, Webster 8c White, Corp.; Allyn 8c Co., Inc.; * A. G. Elworthy 8c Co.; Farwell, Chapman 8c Co.; J. J. B. Hilliard & Son; In¬ dianapolis Bond & Share Corp.; .Kiser, Cohn & Shumaker, Inc.; McCormick 8c Co.; Newhard, Cook & Co.; Raffensperger, Hughes 8c Co., Inc.; Schwabacher 8c Co.; Sutro 8c Co.; Irving Lundborg & Co.; Mackall 8c Coe, and Sweney Cartwright & Co. ■[ stock (no I. Francis brook Robert & & Sons; & Co.; Miller 8c Co.; Hornblower 8c Ripley Hemphill, Noyes, Weks; E. F. 8c Co., Inc.; . Peabody Corp.; & & Co.; W. C. Co.; W. E. Langley Co.; Webber, McDonald Merrill, Jackson & & Co.; Co.; Lee company 8c Co.; Merrill Lynch, Pierce, Fenner 8c Turben & Co.; The Ohio Co.; Paine, & Curtis; d R. W. Pressprich 8c Co.; & Co., Inc., "as a $2.50 by per common share. Offered stockholders, by for drilling Purpose, (par $1). working capital. Price, by 156,063 by to latter capital. at Israel & Co. by stock (no retire bank for and loans shares of common ($3,025,000) and to and working refunding Purpose, pari. 500,000 Ltd. Petroleums, Federated 49,940 shares of common for drilling operations and market (around $3.12V2 per Corp. Purpose, Price, Offered share). 5,175,000 Oil 10 cents). (par & Hentz private investor. a Oklahoma working shares of capital stock. Price, $11 per share. Co. and in turn sold 50,000 program. H. to company Central stock and expenses Explorers, Ltd. for expansion Purpose, Sold drilling expenses $10.35 per share. Offered by Dominick & Dominick; Wood, Hutton & Co.; Stone 8c Web¬ ster Securities Corp.; White, Weld & Co.; Bear, Stearns & Co.; Francis I. du Pont & Co.; Carl M. Loeb, Rhoades ($2,150,000). capital Peabody Kidder, Gundy & & Co.; Marshall; Price, Co.; & W. Inc.; Co., E. Marks M. Laurence Spencei* & Schwabacher Co.; Co.; & & A. Trask & Co.; Ball, Burge & Kraus; Foster Hallgarten & Co.; Hayden, Stone & Co.; J. Hogle & Co.; William R. Staats & Co.; T. H. Jones & Co.; George D. E, Eonbright & Co.; Davies & Co.; & Hooker & Co.; Snyder; Ingalls Fay; Hill Richards A. E. Masten & & Co.; Moore, Leonard & Lynch; Reinholdt & Gardner; Scott, Horner & Mason, Inc.; Stein Turben Merrill, Co.; Tucker, Anthony & Co.; Auerba,ch, Pollak Sullivan & Co., Inc.; Courts & & Sons; Irving Lundborg & Co.; Model, Roland & Stone; Rouse, Brewer & Becker; Sutro & Co.; J. Birth & Co.; J. C. Bradford & Co.; Branch, Cabell & Co.; R. L. Day & Co.; Goodbody & Co.; Sills, Fairman & Harris, Inc.; Smith, Moore & Co., and Stewart, & Bros. & Boyce; & (par five of by Montex Oil stock (par I. J. gas Gas & Schenin Purpose, Price, Co. 1,200,000 shares of common for drilling expenses and share. Offered by Corp. cent). one capital. working stock Purpose, for acquisition and develop¬ properties. Price, six cents per share. Harrison S. Brothers & Co. Oversubscribed. cents). oil and Offered - Oversubscribed. Co. Petroleum Co. 1,000,000 shares of common Justheim ment 300,000 Garrett Robert Scanlon 60,000 Bosworth, Richardson; Co.; "as a 25 cents per speculation." ; Oil Co., Ltd. 868,000 shares of cents—Canadian). Purpose, for exploration and acquisition of properties. Price, $3.12'/2 per share. Underwritten by Allen & Co.; A. C. Allyn and Co., Inc.; Arthurs, Lestrange & Co.; Jack M. Bass & Co.; 2,712,500 New British Dominion capital stock (par 40 Stockton J, Co.; and Bcettcher Bradford C. Bruns, Co.; & Broome & Co.; Brady Nordeman & & Co.; Co.; Cohu Courts & Co.; Cowen 8c Co.; Dammes, Koerner & McMann; J. H. Drass & Co., Inc.; Dreyfus & Co.; Emanuel, Deetjen & Co.; D. H. Ellis 8c Co.; Goodbody & Co.; Hamlin & Lunt; Hancock, Blackstock & Co.; Hardy & Co.; Johnston, Lemon & Co.; Richard K. Kaufmann, Alsberg & Co.; Charles King & Co.; H. G. Kuch & Co.; Livingston, Williams & Co., Inc.; 8c stodk Collings C. C. Co.; Co., .Inc.; & McAlister, Smith & Pate; McCarley & Co.; McKelvy & Co*.; Mader & Co.; Odess, Martin & Herzberg; Parsons & Co.; Pelz Stanley J. & Post.ey Co., Inc.; Piper, Jaffray & Hopwood; & Co.; Purcell & Co.; Rosenthal & Co.; Shearson, & Blosser; W. York & Scherck, Richter Co.; Seligman, Lubetkin & Co.; Hammill & Bros. Sutro Co., common 300,000 working for company Purpose, Offered by B. G. Phillips & Co. "as a speculation." *550,000 Central speculation." without shares of common for development and 450,000 Co. Price, at the market, 13% cents to 15 Underwritten by Stanley Pelz & Co., Inc. Inc, and Co.; Tifft Zuckerman, Warren Brothers; Smith & Co. Oversubscribed. Oil Finance Corp. 2,400,000 shares of common stock one cent). Purpose, for acquisition of property working under¬ & D. Sherman & Co.; Strauss L. Co.; West & capital. Price, 121/2 Co. Completed. cents per share. (par and Offered by , expansion. of common stock Price, $20 per (par $10). share. 281,250 Penn Pur¬ Offered Bayless Oil stock by (par working for subscription by common stockholders, without West & one capital. Co. "as & Gas Co. 2,250,000 shares of common cent). Purpose, for acquisitions and Price, 12% cents per share. Offered by speculation." a underwriting. Oil Co. 300,000 shares of common stock (par 10 cents). Purpose, for drilling expenses. Price, $1 per share. Offered by Israel & Co. "as a speculation." 300,000 Sooner Chair Co. 78,094 shares of common stock (par Purpose, for expansion. Price, $2 per share. Offered 156,188 La-Z-Boy $1). by company for subscription by stockholders, without State Oversubscribed. ■ . underwriting. 299,000 London Hutton\ Higginson Price, for pose, Hayden,, Laurence M. Marks Young cents). share. per at par. Inc.; common Mining capital. 300,000 Cameo Oil Corp. 300,000 shares of common stock Purpose, for working Offered by American writing. Graham, Parsons & Co.;j Hutton 8c Carl M. Loeb, Rhoades Beane; cents & five Oil (par Gilbert 145,220 Kerite Co. 7,261 shares Esta- Co.; The Illinois Company; Kean, Taylor & Co.; Kidder, and subscription . 8c . Corp. capital. Goldman, Sachs 8c Co.; Granbery, Harriman of stockholders, subscription by common Oversubscribed. States Oil Co. 575,000 shares of common stock cents). Purpose, for drilling expenses, etc. cents per share. Offered by Greenfield & Co.; working capital. Price, $3 per subscription by stock¬ for Aviation Products, Inc. 12,500 shares of (par $1). Purpose, for machinery and stock Corp.; Fulton, Reid 8c Co.;1" The First Boston Co.; Garrett Marache Equitable Securities Corp.; shares working company etc. Shares par). duPont 8c Co.; by preferred stock (par $11. Price, $2.25 per share. capital, Gas Co. 700,000 shares of com¬ for underwriting. Bonanza stock 160,189 Form Moulding, Inc. 71,195 shares of class A cumulative Purpose, for new construction. Price, Underwritten by Morgan Stanley 8c Co.; Drexel & Co.; Glore, Forgan 8c Co.; A. C. Allyn and Co., Inc.; Bacon, Whipple 8c Co.; Robert W. Eaird & Co., Inc.; Baker, Weeks 8c Harden; Biddie, Whelen & Co.; Blunt Ellis 8c Simmons; Blyth & Co., Inc.; Bosworth, Sullivan & Co., Inc.; Alex. Brown & Sons; Central Republic Co. (Inc.); E. W. Clark & Co.; Clark, Dodge & Co.; Richard W. Clarke Corp.; Coffin 8c Burr, Inc.; Dominick 8c Domiinck; mon 64,125 others. and convertible Watch Co. 400,000 shares of common stock (par working capital. Price, at par. Offered company (par 10 Price, 50 MANUFACTURING 55,000 for Purpose, Offered holders $25.50 per share. , $1). (par AN.D Inc. Inc. Purpose, Inc. Drexel & Folger, Helicopters, share. $10). OIL Inc.; Bosworth, Sullivan & Co., Inc.; Eranch, Alex. Brown 8c Sons; C. F. Cassell 8c Co., INDUSTRIAL OTHER units of Co., Morgan) $287,500 American $149,794,245 $165,000 Doman (par $20) in par) $5,303,943 Corp.; 31,250 Hahn Public Service Electric & (S. without Weld 8c City Securities Corp.; Collett 8c Co., Inc.; V17,850,000 Co. Co.; Estabrook & Co.; The First Nolan Incorporated; Galleher & Co., Inc.; Glore, Forgan & Co.; Goldman, Sachs & Co.; Goodwyn 8c Olds; Harriman Ripley & Co., Inc.; Harris, Hall & Co. (Inc.); Hayden, Stone & Co.; Hemphill, Noyes, Graham, Parsons & Co.; Hornblower 8c Weeks; W. E. Hutton & Co.; Investment Corp. of Norfolk; Johnston, Lemon & Co.; Robert C. Jones & Co.; Kidder,-Peabody 8c Co.; W. C. Langley & Co.; Lee Higginson Corp.; Lehman Brothers; Mackall & Coe; Mason-Hagan, Inc.; Mitchum, Tully & Co.; Paine, Webber, Jackson 8c Curtis; Riter & Co.; Rohrbaugh & Co.; Scott, Horner & Mason, Inc.; Scott & Stringfellow; Smith, Barney & Co.; Spencer Trask & Co.; Tucker, Anthony & Co.; Union Securities Corp.; White, Weld & Co., and Whiting, Weeks 8c Stubbs. Rod-- Securities Corp-; Union Co.; Dean Witter 8c Co.; Becker 8c Co. Inc.; Central Republic Co. (Inc.); Harris, Hall & Co. (Inc.); Hemphill, Noyes, Graham, Parsons & Co.; Spencer Trask & Co.; Bacon, Whipple 8c Co.; Blunt Ellis 8c Simmons; The Mil¬ waukee Co.; Stroud & Co., Inc.; Whiting, Weeks & Stubbs; Co.; & Barney by Co.; Inc.; Co., Boston Fairman Peabody & Co.; Fenner & 8c Corp.; Glore, Forgan & Co.; Goldman, Sachs & Co.; Harriman Becker G. (no Purpose, for $1). Inc.; Coffin & Burr, Inc.; Davenport & Co.; R. S. Dickson Sills, 800,000 A. The Underwritten par. Inc.; Co., Co.; Gardner; Inc.; & 8c stock common of (par Waltham Offered & Co. & Baird Blyth & Co., . Alex. Inc.; 4.32% cumulative preferred stock (par $25). f & 400,000 Purpose, Co.; Clark Fahey, Co.; W. of shares Inc. 100,000 shares of capital for expansion. Price, $14.25. per share. Underwritten by The First Boston Corp.; E. W. Clark & Co.;. Hemphill, Noyes, Graham, Parsons & Co.; Merrill Lynch, Pierce, Fenner & Eeane; Reynolds & Co.; Alex. Brown & Sons; Butcher & Sherrerd; Harri¬ son & Co.; Janney & Co.; Laurence M. Marks & Co.; Stroud & Co., Inc.; Yarnall & Co.; Bioren & Co.; Blair F. Claybaugh 8c Co.; De Haven & Townssend, Crouter & Bodine; Granbery, Marache & Co.; Lester, Ryons & Co.; Moore, Leonard 8c Lynch; Stein Bros. & Boyce, and Warren W. York & Co., Inc. Oversubscribed. Smith stock Power & $10). share. per Robert Weeden & Co. Inc.; Courts Townsend, Crouter & Lodine; Foster Scott, Inc., Service 20,000,000 Public The Co., Mackall Linn; & man Day L. Co.; Robinson-Humphrey Parker 1,500 share Robertson & Electric (par $21.75 Merle-Smith; & M. stockholders of National Alfalfa for subscription by by Mohawk Valley Investing Co., 1,425,000 Baker, Burge 8c W. J. shares of and Offered by com¬ 349,000 Co. Price, $2 per share. preferred and one share of common stock. Purpose, for working capital.' Price, $20 per unit. Offered Co. 494,642 shares of common for new construction. Price, by company for subscription by common stockholders. Oversubscribed. Underwritten by Stone 8c Webster Securities Corp.; Anderson & Strudwick; stock W. E. Rothschild Corp.; Hallgarten & Co.; Francis I. duPont & Co.; Laurence M. Marks 8c Co.,' The Milwaukee Co.; Riter & Co.; Stroud & Co.; & Dewar, 10,758,464 Virginia $51.25 Offered by Shields & Co.; Bear, Siearns & Co.; share. per Oversubscribed. Smith & Co. Gas bank loans and for repay & Natural Richard Co.; House Chemical & $1). Purpose, to acquire properties stock (par Nelsonating, Inc. 1,500 shares of preferred stock and Bateman, Eichler & Co.; Becker & Co. Inc.; Blair, Rollins & Co. Inc.; Blyth Clarke Corp.; Courts 8c Co.; Curtiss, Dain & Co.; Dallas Union Securities Pancoast; R. S. Dickson & Co., Inc.; Dittmar & Co.; Dominick 8c Dominick; Drexel & Co.; Francis I. duPont & Co.; Eddleman-Pollock Co.; Elworthy 8c Co.; Equitable Securities Corp.; Estabrook & Co.; Fahey, Clark & Co.; The First Eoston Corp.; First South¬ west Co.; Fridley 8c Hess; Fulton, Reid & Co.; Glore, Forgan 8c Co.; Goldman, Sachs & Co.; R. H. Goodwin 8c Co.; Granbery, Marache & Co.; Hallgarten & Co.; Hayden, Miller & Co.; Hayden, Stone & Co.; Hemphill, Noyes, Graham, Parsons & Co.; Henry Herrman & Co.; Hill Richards & Co.; J. J. B. Hillard & Son; Hornblower & Weeks; W. E. Hutton & Co.; Janney & Co.; Johnson, Lane, Space & Co., Inc.; Johnston, Lemon & Co.; T. H. Jones & Co.; Kidder, Peabody & Co.; Laird, Bissell & Meeds; Laird & Co.; W. C. Langley & Co.; Lazard Freres & Co.; Lee Higginson Corp.; John C. Legg & Co.; Lehman Brothers; Lester Ryans 8c Co.; Carl M. Loeb, Rhoades 8c Co.; Laurence M. Marks & Co.; Mason-Hagan, Inc.; A. E. Masten & Co.; L. A. Mathey 8c Co.; McDonald 8c Co.; Merrill Lynch, Pierce, Fenner 8c Beane; Merrill, Turben & Co.; The Milwaukee Co.; Moore, Leonard 8c Lynch; Morgan Stanley & Co.; Moroney, Beissner 8c Co.; F. S. Mosetey 8c Co.; W. H. Newbold's Son 8c Co.; Newhard, Cook 8c Co.; The Ohio Company; Pacific Northwest Co.; Paine, Webber. Jackson & Curtis; Piper, Jaffray & Hopwood; Prescott, Shepard & Co., Inc.; R. W. Pressprich & Co.; Putnam & Co.; Rauscher, Pierce & Co. Inc.; Reinholdt & Gardner; Reynolds & Co.; Riter & Co.; The RobinsonHumphrey Co., Inc.; Rotan, Mosle and Moreland; L. F. Rothschild & Co.; Rowles, Winston & Co.; Russ & Co.; Salomon Bros. 8c Hutzler; Schwabacher 8c Co.; Shields & Co.; Shuman, Agnew & Co.; Singer, Deane & Scribner; Smith, Barney 8c Co.; Smith, Moore & Co.; F. S. Smithers & Co.; William R. Staats & Co.; Stein Bros. & Boyce; Stern Brothers 8c Co.; Stix & Co.; Stone & Webster Se¬ curities Corp.; Stroud & Co., Inc.; Sutro & Co.; Swiss American Corp.; Spencer Trask & Co.; Tucker, Anthony & Co.; Underwood, Neuhaus & Co.; Union Securities Corp.; Van Alstyne Noel Corp.; Vietor, Common, Danh 8c Co.; G. H. Walker & Co.; Wertheim & Co.; Chas. B. White & Co.; White, Weid 8c Co.; Whiting, Weeks & Stubbs; Dean Witter & Co.; Harold E. Wood & Co.; WoodardElwood & Co., and Yarnall & Co. Oversubscribed. 8c share. per Chlorophyll Inc.; 8c Corp.; Ball, $2 Purpose, Chlorophyll working capital. pany Inc.; Co., & at $1) par $1). (par Dehydrating & Milling Co. 30,000 Co.; & Leary Barrow, stock National in common Co., Inc.; Eoettcher & Co.; Bosworth, Sullivan 8c Co., Chaplin 8c Co.; Clark, Dodge & Co.; E. W. Clark & Arnhold and S. Bleichroeder, Inc.; Arthurs, Co.; Eaker, Simonds 8c Co.; Ball, Burge & Kraus; Bateman, Eichler & Co.; Bear, Stearns 8c Co.; Boenning & Co.; Bosworth, Sullivan 8c Co., Inc.; J. C. Bradford & Co.; Campbell, McCarty & Co. Inc.; C. F. Cassell 8c Co., Inc.; Chaplin 8c Co.; Clayton Securities & gate Lestrange G. A. Baird WeeksHarden; Baker, Co.; W. Robert Corp.; 8c Kraus; Underwritten to Alfalfa Dehydrating & common for Electric Securities Price, $10.50 per share. construction. new expand film and Milling Co. 69,800 shares to acquire stock & Chemical Co. and for working capital. Price, $9 per share. Offered by company for subscription by stockholders, without underwriting, as part of a unit or package offering, which includes 349,000 shares of National Chlorophyll & Chemical Co. ' 21,000,000 Texas Eastern Transmission Corp. 210,000 shares of 4.75% convertible preferred stock (par $100). Purpose, to repay bank loans and for expansion. Price, at par and accrued dividends. Underwritten by Dillon, Read & Co. Inc.; Lovett Abercrombie 8c Co.; A. C. Allyn & Co., Inc.; American Underwritten by Edward D. Jones & Co. stockholders. H 20,487 Inc. to share; per Friedrichs & Co. 698,000 National Inc. stock common (par $1). Purpose for new construction. Price, $15.50 per share. Offered by company for subscription by common Service Purpose, pari. stockholders. one Co. 60,000 shares of common stock (no par). Purpose, to repay bank loans and for new con¬ struction. Price, $39 per share. Offered by Goldman, Sachs & Co.; Kidder, Peabody & Co.; W. C. Langley & Co.; Salomon Bros. & Hutzler; Schoellkopf, Hutton & Pomeroy, Inc.; A. M. Kidder 8c Co.; Courts 8c Co.; Gran¬ bery, Marache & Co., and The Robinson-Humphrey Co., / t2,340,000 Tampa shares of output. public, $8.50 by company for subscription by com¬ Underwritten by Howard, Weil, La- (no Offered share. National of Oversubscribed. 8c Co., and Yarnall & Co. / common "Short-Term Bonds and Notes" this tabulation. stockholders, $3 interest Electric Co. 50,000 shares of 4.32% preferred stock, series A (par $100). Purpose, to repay bank loans and for new construction. Price, $102.25 per share and accrued dividends. Offered by Stone & Webster Secu¬ rities Corp.; Blyth & Co., Inc.; Hornblower & Weeks; Lee Higginson Corp.; Lehman Brothers; Paine, Webber, Jack¬ son 8c Curtis; Shields 8c Co.; Spencer Trask & Co.; Tucker, Anthony & Co.; Whiting, Weeks 8c Stubbs; Wood, Struthers (v Co. 10,002 shares of com¬ for capital expendi¬ Price, $25 per share. Offered subscription for company without 628,200 t5,000,000 Tampa Purpose, capital. working tures and repay $10 per under Advertising stock to mon share. Underwritten by Johnson, Lane, Space 8c Co., Inc.; Grimm & Co.; The Robinson-Humphrey Co.; J. H. Hilsman & Co., Inc.; Courts & Co.; Woolfolk 8c Shober; Milhous, Martin 8c Co.; Wyatt, Neal & Waggoner, and French & Crawford. & Telegraph $16.66%). (par of common stock loans, and for new bank to Price, See Picture Price, bouisse, shares 29,600 Co. Gas Purpose, (par $1). Motion per Monday, August 4, 1952 . preceding column in a common Struthers & Co., and Yarnall 8c Co, Atlantic $5); (par 2,000 shares of 6% cumulative preferred stock (par $25». Purpose, for extensions, and improvements. Price, $26.50 per share. Underwritten by The Bankers Bond Co.; Smart, Clowes 8c Phillips, Inc., and Wagner, Reid 8c Ebinger, Inc. Oversubscribed. mon 163,896 Tucker, Co.; construction. 50,000 Kentucky Water Service Co. 250,050 Lincoln Telephone & Wood, Co.; 296,000 South Purpose, for new construction. institutional investors. preferred stock (par $1001. in Anthony & Co.; Union Secu¬ rities Corp.; Van Alstyne Noel Corp.; G. H. Walker & Co.y White, Weld 8c Co.; Dean Witter & Co.; Harold E. Wood Trask cer cumulative 15.000 shares of 4%% Utilities Co. *1,500,000 Kentucky «/ 8c Co.; J. J. Reid Fulton, Ryons & Co.; Julien Collins & Co.; Corp. of Chicago; Johnson, Lane, Space Lester, Son; stock Scranton 8c Co..; Shields Shuman, . . Recovery Equipment Corp. 2,000 shares of 2,000 Metals Reynolds & Co.; Riter 8c Co.; Schoellkopf, Co.: AgneW 8c Co.; Singer, Deane 8c Scribner; Smith, Barney 8c Co.; William R. Staats 8c Co.; Stone & Webster Securities Corp.; Stroud 8c Company, Inc.; Spen¬ Dittmar & Co.; B. Hilliard First Securities and Co., Inc.; Peters, Writer & Christensen, Inc.; Robinson and Lukens; Wagenseller & Durst, Inc.; Clayton Securi¬ ties Corp.; H. L. Emerson & Co. Inc.; Clement A. Evans & Co., Inc.; Farwell, Chapman 8c Co.; First Southwest Co.; W. C. Gibson & Co.; Hamlin & Lunt; Edward D. Jones & Co.; Kirkpatrick-Pettis Co.; Mead, Miller & Co.; The Robinson-Humphrey Co., Inc.; C. T. Williams & Co., Inc.; Campbell & Robbins Inc.; Cunningham & Co. (Inc.); Prescott, Wright, Snider Co.; I. M. Simons & Co.; Davis,Skagg & Co.; Lucas, Eisen & Waeckerle, Inc.; O'Brian, Mitchell & Co.; Irving J. Rice & Co. Inc.; Winslow. Douglas & McEvoy, and C. F. Cassell & Co., Inc. Completed. Marshall; & Foster 8c & Hutton 8c Pomeroy, Inc.; Chas. W. & Co.; A. M. Kidder & Co.; Loeb, Rhoades & Co.; - Chronicle The Commercial and Financial (422) (par per Co., & 10 cents). share. Inc. 299,000 shares of common stock for working capital. Price, $1 Batkin & Co. Purpose, Offered by 10,000 shares of $%% cumulative preferred stock (par $100). Purpose, for general corporate purposes. Sold to Investors Syndicate of America, Inc., through Bateman, Eichler & Co. " ■ *1,000,000 Macco Corp. 299,500 Trans-American Petroleum Corp. 599,000 shares of common stock (par one cent). Purpose, for drilling expenses and working ' Co. 'Represents issues placed Jlndicates issues Price, capital. Weber-Millican "as 50 cents per share. speculation." a privately. sold competitively. ■(•Indicates special offering. Offered by Volume 176 Number 5139 The Commercial and Financial Chronicle ... 11 (423) 275,000 Trl-State stock Petroleum (par 25 Go., Inc. 275,000 shares cents). Purpose, for Price, $1 per share. working capital. Corp. "as a speculation." 1,000,000 Tri-Xor Oils, Ltd. 1,000,000 shares of $i). Purpose, for new construction Speculation?"°"Cred of V.. & Co.;-.Granbery, Marache & Co.; Hallgarten-& Co.; Ripley & Co., Inc.; Harris, Hall & Co. (Inc.); Hayden, Miller & Co.; Hayden, Stone & Co.; Hemphill, Noyes, Graham, Parsons & Co.; H. Hentz & Co.; Henry stock Herrman & costs common and common by Calvert drilling Offered Securities working and Harriman capital Peter Mor8an S C°' "« a & $12,060,938 Kalman patrick-Pettis & Co., capital. Price( by at preferred underwriting. working Offered par. and by common for company for Ferries, Inc. 284,000 shares of cents). Purpose, to purchase capital. Price, $1 per share. new Securities 300,000 Florists Service, preferred stock stock (no stock Offered by Hunter $45 & (par Inc. (par 3,000 shares $100) and of 300 6% 25-Cent shares Offered for by working convertible bank preferred stock loans and dividends. & for expansion. Underwrtten Beane; Anderson by of & Kraus; of 4»/2% First Price, to and par Lynch, California & Co.,. E. & Co.; Loeb & Co.; W. C. Inc.; Langley Lee Higgison Corp.; Co.; Mead, McDonald Miller & & Co.; Co.; Carl Merrill, Putnam & McGlone Turben & & Co., Co.; 98,363 & Co.; Rauscher, Pierce & Co. Co.; Shearson, Hammill Agnew & Co.; Smith, Shuman, Moore & Boyce; Co.; Stern William R. & Co.; 14,675 64,811 70,000 & & 299,200 Southern 2,500 Sterling stock Co.; Stein Smith, Bros. & in preceding a Corp. See 150,000 shares of preferred stock common ferred and working common class A & Co. 5,000 shares (no & of 5% cumu¬ 50 (par $10) and 5,000 shares of $10) in units of one share of pre¬ share of common stock. Purpose, Price, $25.94 subscription per unit. Offered by stockholders. All sold. by C.) Business stock (par Machines, $1). $11 Corp.; Courts & Kalman Co.; for Co., Inc.; Stix cents). & Co., Goodbody & 144,000 shares share. per 77,000 Union Co.; Bradbury-Ames Johnston, Lemon & Price, $21 share. per class A Offered by 103,750 Bell & Howell Co. 5,000 shares A. (par Chemical $7.50). Sachs man, Securities Lestrange Co.; Inc.; Price, & Co.; Corp.; & Co. $29 500,000 share. C. Allyn A. Ames, Co.; shares per G. & Co.; A. G. Auchincloss, of Co., & Parker Inc.; Co., Whipple & Co.; Robert W. baird & Co., Watts & Co.; Ball, Burge & Kraus; J. Barth Bateman, Sichler & Co.; Bear, Stearns & Co.; & Co. Inc.; William Blair & Co.; Blunt Ellis & Simmons; Blyth & Co., Inc.; George D. B. Bonbright & Bosworth, Sullivan & Co., Inc.; J. C. Bradford & Co.; Co.; Alex. ham Co. Erown Sons; Brush, Slocumb & Co., Inc.; Weedon J. M. & Co.; Dain & send, Cruttenden & Courts Co.; & Curtiss, Co.; & Co.; Davis, Skaggs & Co.; DeHaven & Town- & Bodine; Dempsey, Tegeler & Co.; R. S. Co., Inc.; Dooiittle & Co.; Drexel & Co.; East¬ Dillon man, & Emanuel, Estabrook & Co.; A. G. Deetjen & Edwards Co.; & Sons; Elworthy Equitable Securities & Corp.; & Co.; west Co.; Fulton, Reid & Co.;. Robert Garrett Gerstley, Sunstein & Co.; Glore, Forgan & Co.; & 22,117,409 7,773,630 8,088,558 142. p. Church of St. Charles Borromeo of Minneapolis, Minn. Offered—B. C. Ziegler & Co. late last month offered $350,000,000 of 3V4% to 3%% first refunding mortgage serial bonds, series A, dated July 1, 1952, and due semi-annually July 1, 1953, to July 1, 1967, inclusive. The bonds are priced at par and accrued interest. The proceeds school and to (The) SEC will be retire used the to for pay $90,000 balance additions of to mortgage the debt Stone Co.; & $10 Webster Securities Corp.; stock common (par Offered by Blyth & share. per to par, interest plied tures to to (3) be has trust H. named the The of offering 14, Ohio, by which the quirer and operate registration a the shares and sup¬ the as junior deben¬ for each underwriting Stuart statement the 400,000 and company, of & Co. with Inc. respect shares. common other four officers the company proposes to apply principal amount of and interest the issued to the the of Portsmouth & Trust Steel known newspaper Security trustee as 10 price be named financing, notes Times-Star is convertible rate to are , oi purchase of Feb. on Cincinnati at is debentures—the fund terms Inc. stock, vcting trustees. the of American newspaper announced Co. representing payment amount" of with underwriting amendment—Halsey, filed President the to rate, by certificates are proceeds like interest & the common no 10-year shares common been Ferger, the a of with of share underwriter. also employees Stuart statement shares per sinking underwriting and $2,500,000 supplied $10 15-year price into the as $7,600,000 on and are voting and of registration a 400,000 at amendment-r-Halsey, named Roger filed (1) sale $3,500,000 debenture)—the terms for offering (convertible $100 is 25 following: offered (2) rate, by July on the be underwriter Co., Corp. The as which in con¬ Cincinnati was opertaing Estate of John R. McLean, deceased, signed a contract with The rival newspaper in Cincinnati, company would purchase The En¬ 1952, that it Co., owner of Times-Star had a both newspapers under one ownership. The purchase price was $7,500,000. Employees of the Enquirer immediately organized for the purpose of submitting a competing offer. With the financing backing of Portsmouth, the made a firm offer of $7,600,000 through accepted by the Trustee on June 6, 1952. was The corporation with was Portsmouth, which provides it that the organized issued subscribed were June paid employees 5, shares 250 and for and others Under 1952. of by Employees' Portsmouth. $10 par the Such purchase offer contract common Portsmouth. may Committee This stock, contract the ownership of the corporation from Portsmouth for the amount of $7,600,000, plus a commission of $250,000 payable to Portsmouth in cashj or in stock. In the or $22.12J/2 present presently Cincinnati Enquirer, Inc.—Registers With SEC corporation covering the any event 10% to the of part purchase as of the elects company such outstanding issue to commission, stock in payment of all Portsmouth additional shares many as common will have an option to bring Portsmouth's holding stock. Upon payment of the will $7,600,000 Oil Food (par & $1). Price, Thorndike, Tank par), Exchange, & $6 Inc. Pump Co. Price, $16 Inc. per Of by Completed. shares of Offered by 7,300 share. per 1,550 shares share. Offered loan or notes held by Portsmouth, the balance of the proceeds, after payment of the $250,000 commission (if paid in cash), will be added to the working capital of the corporation. —V. 175, p. 2486. common June— Petroleum (par Cincinnati, New Orleans Fulton, Sulphur Inc. Co. cents). 25 Corp. Price, "as a shares 25,000 $i per share. speculation." of common Offered by Oil & & Co. Ltd. per 115,000 shares of share. Offered by common stock Net ry. Carl railway: railway—.— from Net Texas Pacific & 1952 from Gross oper. $3,703,164 1951 Ry.—Earns. 1950 1949 $3,662,759 1,189,749 $3,296,043 $2,992,345 1,215,641 1,042,707 494,913 632,775 551,851 7,373,937 22,091,921 7,600,303 19,028,120 6,698,999 18,945,760 6,308,429 3,080,702 . 3,195,810 3,443,265 3,477,130 1,204,049 642,153 . income— From Jan. 1— from Gross Net from ry. railway railway oper. 22,488,901 . income— . Loeb, M. —V. 52. 176, p. Oversubscribed. Service Oil Co.—Notes Placed Privately—Di¬ $30,000,000 3%% promissory notes due 1, 1982, has been negotiated by The First Boston Corp., it was announced on July 30.—V. 175, p. 2693. June offering. Corporation and from Net ry. oper. from 2) from Net page ry. —V. Chicago Great Western Ry.—Earnings— June— Gross Net from Net ry. From Gross —V. 1952 from railway.. railway—; $2,660,008 income. 17,066,178 oper. Jan. 1950 p. Income. 1951 $1,859,187 863,457 1950 1949 $1,670,046 $1,441,516 678,257 489,961 455,575 771,377 825,009 647,488 12.074,467 12,041,500 9,825 264 8,809,49; 3,997,648 3,629,621 2,568,61! 5,256,430 5,398,264 income— 4,714,100 5,089,681 3,089,96! 52. p. Colorado & Southern Ry.—Earnings— $2,462,314 781,723 565,141 517,279 278,203 173,918 171,964 17.051,421 15,556,196 15,651,659 Gross 1952 from Net from Net ry. railway—. oper. 1951 1950 1949 $1,048,152 $1,289,845 $1,062,236 $1,035,229 204,355 railway 275,966 289,175 48,009 56,278 73,817 7,513 248 7,452.470 5,983.979 6,327,106 2,142,276 income— 197,738 58,093 1,970,509 1,490,218 1,208,656 763,826 577,183 405,915 352,134 From Jan. 1— 5,135,555 ... 876,140 railway- oper. 176, 1— oper. railway— June— $2,251,943 716,272 railwayrailway income— $1,953,134 1948 $2,700,487 278,247 from 176, 1951 railway railway—— From Jan. 1— Gross Net (Continued from 1952 from Net Investment News 5,091,032 4,437,222 3,639,827 1,809,621 1,645,468 1,616,973 1,178,238 52. Gross from Net from Net ry. —V. Chicago, Indianapolis & Louisville Ry.—Earnings— June— Gross Net Net Co.; Clement A. Evans & Co., Inc.; Fahey, Farwell, Chapman & Co.; Ferris & Co.; The First Boston Corp.;; First of Michigan Corp.; First South¬ Clark 89,546,851 21.193,463 railway railway oper. 175, p. income— 2693. Co.; Crouter Dickson & 85,127,036 8,584,600 —Bonds per Crowell, House 99,916,261 24,830,853 27,703,551 11,478,784 Clinqhfield RR.—Earnings— from Co.; 176, 104,250,540 income oper. June— ry. & —V. Gross Net Cooley ry. Enquirer. Co. TIndicates special Net Co.; shares of share. Under¬ •Represents issues placed privately, tlndicates issues sold competitively. & Co.; H. M. Byllesby & Co. (Inc.); Central Republic (Inc.); Clark, Dodge & Co.; Collett & Co., Inc.; Julien & __ railway^ -railway from Net Cities Burn- Collins Co.; & 1949 rect placement of by Gold¬ Arthurs, Redpath; Bache & Net American Inc.; income oper. 1950 $16,285,583 $12,697,669 $16,466,962 3,587,742 2,913,888 4,839,814 2,693,566 1,298,530 1,073,871 2,071,338 6,084,963 __ from 100,938 stock common Bacon, Becker per $25,654,929 Co. Baker, & shares of common share. Offered by Brooks 5,866 Inc. Walker Sunrise (par $10). Becker Underwritten & Emerich Ox Gruntal & Co. of common stock by shares 60,000 Corp. Completed. General Offered ry. RR.—Earnings— 1951 From Jan. 1— Gross There & & stock Rhoades Oversubscribed. 14,500,000 Blockson & share. per Net Of Western Leaseholds, (no par). Price, $8 Co.; Pacific $19,273,605 __ railway involved; stock common from Net 920,000 Co.; Woolfolk & Shober; Clayton Securities Corp.; $20.75 ' Corp. 1,400 shares of class B stock (par $1). Price, $55 per share. Offered by Straus, Blosser & McDowell.' Completed. Completed. Inc. Inc. Chemical & Utilities, Calvert Securities Of Under¬ (Inc.); The First Cleve¬ Inc.; Net railway. net 25,000 Trl-State Shlllinglaw, Bolger & Inc.; Straus, Blosser & 10,500 Armstrong Rubber Co. 500 shares of Price, Co., & Price,' $12.75 Price, (no stock & 1952 from The & Supply Co., Inc. (no par). Price, $28.50 Jeffries & 52. p. Chicago, Rock Island of capital stock Offered by William Inc. Oversubscribed. Childs, MacNaughton-Greenawalt & Co.; Mason, Moran & Co., and Stirling, Morris & Eousman. (no par). Koung G. H. Inc. common com¬ Rauscher, Pierce & Co. Inc.; Emanuel, Deetje-n & Co.; Link, Gorman, Peck & Co.; Loewi & Co.; Penington, Colket and Co.; Hancock, Blackstock & Co.; Kay, Richards & Co.; Baker, Simonds & Co.; Dempsey & Company; Ferris. & Company; Sills, Fairman & Harris, Inc.; Amott, Baker & and $5). by 9,300 Supreme Inc.; Co.; Scott, Horner & Mason, McDowell; H. M. Byllesby & Co. land Inc. Price, by A. C. Allyn & Co., com¬ (John) & Co. common stock 10,100 shares of par). Price $13.50 per share. Offered by A. G. Becker Co., Not Representing New Financing (R. of Oversubscribed. Co. Reid common shares share. Offered by Co. Inc. Over¬ Inc. 11,740 shares of class B stock (par Price, $1.25 per share. Ofiered by American Whipple Co. *4,888,294 82,918,922 shares 6,450 $15.25 per share. Oversubscribed. Co. stock Inc. stock written & 136,350 Morrell common "Long-Term Bonds and Notes" $21,512,050 $1,584,000 Allen per Becker G. Piping 116,800 Tokheim Issues $41.87% A. & Co., stock one 50,000 Inc. Stores, 154,875 Squibb (E. R.) & Sons 7,000 shares of Finance stock. Price, Sachs & Co. White, Weld & Co.; O. H. Wibbing & Co. and Dean Witter (par capital. for pany of common Goldman, by (Calif.). Ltd. column. 129,700 Strevell-Paterson lative shares 2,500 under shares of Offered & Co.; A. C. Allyn & Co., Inc.; Co:; A. GJ Becker & Co. Inc.; Blunt Simmons; Blyth & Co., Inc.; Boettcher and Co.; Alex. Brown & Sons; Dcmpsey-Tegeler & Co.; EckhardtPetersen & Co., Inc.; A. G. Edwards & Sons; The First Cleveland Corp.; Glore, Forgan <te Co.; Hill Brothers; Hornblower & Weeks; Edward D. Jones & Co.; Loewi & Co.; McDonald & Co.; Newhard, Cook & Co.; Piper, Jaffray & Hopwood; Rauscher, Pierce & Co., Inc.; Rein¬ holdt & Gardner; Scherck, Richter Co.; Schneider, Ber¬ net & Hickman; I. M. Simon & Co.; Stifel, Nicolaus & & $1). Wertheim & Co.; White, Stubbs; Dean Witter & and Woodard-Elwood & Co. Co. written 1,476,856 *1,307,343 83,301,983 & Price, & (par Ellis par). Finance Co., & 10,600 Aluminum Bacon, 6,592.627 608,465 June— Gross Stone stcok (par $1). Price, $29.12y2 per share. Of¬ by Dean Witter & Co.; The First Boston Corp.; Tucker, Anthony & Co. Oversubscribed. common 176, 9,183,719 & Co.; Weeks and ♦Deficit—V. 96,994,759 *1,794,242 outstanding. Corp. 2,876,738 Midwest Purpose, for working capital. Price, $2 Offered by Dansker Brothers & Co., Inc.; Co.; and Greenfield & Co., Inc. Completed. (par Co.; & 95,498,686 6,832,348 income oper. nection $1). Fire (no Bros. & Co.; Horder's, Inc. 5,000 shares of common stock \(no par). Price, $14 per share. Offered by Paine, Webber, Jackson & Curtis. Completed. Yv , & Co.; Casualty Co. 35,200 shares of capital Purpose, for working capital. Price, $8.50 per share. Offered by G. H. Crawford & Co.; Frost, Read & Simons, Inc., and Alester O. Furman Co. stock Stein Co.; Stix blosser & McDawell; Spencer Trask & Co.; Moulding, Inc. 28,805 shares of Class A cumulative convertible preferred stock (par $1). Price, $2.25 per share. Offered by American Shares Corp. and Young & Co., Inc. stock subscribed. Hunter Inc. 74,792 Kansas-Colorado & Guaranty Co. & Inc.; & Scribner; Form and Brothers & Deane Moore Co., & Lerchen ' ry. railway railway from Net & common Co.; Wertheim & Co.; White, Weld & Co.; Whiting, Weeks & Stubbs; Dean Witter & Co.; Harold E. Wood & Co., and Wood, Struthers & Co. Over¬ (par Singer, Smith, (par $5). Price, cents). fered & Co.; Stix & Co.; Stone & Web¬ Corp.; Spencer Trask & Co.; Union Securi¬ share. Inc.; 1949 L. F. t>ros. Shields & Co.; & Co.; oper. from Net Schoellkopf, Hut& Co:; Chas. W. J & Co.; & H. per Salomon Moulding, 1,747,500 Kaiser Moreland; Securities stock and Moreland; Son; Hammill Sutro Wood E. $2.50). Form 10 W. Scran- Corp.; 300,000 Security Title Inc.; Brothers Staats Shares Inc.; ster Walker ry. 1950 $15,678,929 $17,054,208 $15,781,065 $14,746,599 1,223,276 1,782,049 1,956,836 1,587,228 income___ »*278,238 482,726 584,548 486,189 From Jan. 1— Gross Co., Corp.; Straus, Whiting, Corp., (par Co.; ties G. Co.; Department stock Inc.; Rein- Shields Barney Staats & Schwabacher Nicolaus share. per Fluor R. Mitchum, holdt & Gardner; Riter & Co.; Rotan, Mosle & Schwabacher & Co.; Scott & Stringfellow; Chas. ton Net 1951 railway railway from Hickman; & 1952 from Net Co.; subscribed. Tully & Co.; Morgan Stanley & Co.; F. S. Moseley & Co.; Newhard, Cook & Co.; The Ohio Co.; Pacific Northwest Paine, Webber, Jackson & Curtis; R. W. Pressprich Co.; Tenenbaum Detroit Steel Corp. 45,000 shares of common stock (par $1). Price, $15.87y2 per share. Offered by Allen & Co. mon First & Harold Federated Co.; & Co., Co.; Lehman Higginson Corp.; John C. Legg & Co.; Lehman Brothers; & Co.; & Oversubscribed. 2,093,750 John C. Legg & Co.; Lehman Brothers; Ryons & Co.; Carl M. luoeb, Rhoades & Co.; Irving Lester, Lee Gross Moseley Oversubscribed. 714,375 Co.; Kuhn, & Watiing, $24.75 Johnson, Lane, Space & Co., Inc.; Kidder, Peabody & Co.; Kirkpatrick-Pettis Co.; John Kormendi Chicago & North Western Ry.—Earnings— June— Masten & Co.; Robinson-Humphrey Rupe Harris, Securities 262,350 Coleman Co., Inc.; Hutton Kirk¬ Anthony & Co.;.Uhimann & ijatsnaw, inc.; Union Wagenselier & Durst, Inc.; G. H. Walker & Co.; Fenner Harris, Hall & Co. (Inc.); Hayden, Miller & Co.; Hayden, Stone & Co.; Hemphill, Noyes, Graham, Parsons & Co.; Hornblower & Weeks; Howard, Weil, Labouisse, Friedrichs & Co.; E. F. Hutton & Co.; W. The Bernet Inc.; Stifel, & Co.; Weld repay Co.; Fulton, Reid & Co.; Glore, Forgan & Co.; Goldman, Sachs & Co.; Hallgarten & Co.; Harriman Rip¬ & Barney Boyce; Tucker, accrued Pierce, Co., Southwest ley A. E. Peltason, Rotan, Mosle Dallas Co.; Shearson, Webster Stroud by J. First Co.; Co.; Linn; Co.; Fairman & & & Corp.; & & Pomeroy, Smith, Inc.; Boston & Sills, cumulative Purpose, Price, Merrill & & Scranton & Rollins Co., Co.; McDonald & Co.; McKelvy Merrill, Turben & Co.; F. S. Peet Reynolds Rodman ton Barth & Co.; A. G. Becker & Co. Inc.; & Co. Inc.; Blunt Ellis' & Simmons; Blyth Boettcher & Co.; Bosworth, Sullivan & Co., Inc.; Alex. Brown & Sons; H. M. Byllesby & Co. (Inc.); Central Republic Co. (Inc.); Clark, Dodge & Co.; Courts & Co.; Davies & Co.; Paul H. Davis & Co.; Davis, Skaggs & Co.; Dominick & Dominick; Drexel & Co.; Eastman, Dillon & Co.; Elworthy & Co.; Fahey, Clark & Co.; The & Inc.; ' capital subscription O. Hutzler; Schneider, Strudwick; Bacon, Whipple & Co.; Baker, Watts & Co.; Baker, Weeks & Harden; Ball, Burge Blair, & W. Securities Corp.; $100). (par of capital. for company stockholders, without underwriting. 20,000,000 Safeway Stores, Inc. 200,000 shares H. & Stores, Inc. 4,370 shares Purpose, Co.; Mason-Hagan, & Rothschild cu¬ par) $10). share. per Curtis; Gardner; in units of 10 shares of preferred one share of common stock. Purpose, for expansion and working capital. Price, $1,000 per unit. Offered by company to public, without underwriting. stock Kdder Co.; Higgison Piper, Jaffray & Hopwood; Prescott, Shepard & Co., Inc.; R. W. Pressprich & Co.; Putnam & Co.; Reinholdt & equipment and and 196,650 Rose's 5, 10 M. <fe Lee Co.; Mullaney, Wells & Co.; Newhard, Cook & Co.; The Co.; Pacific Northwest Co.; Paine, Webber, Jackson Inc.; Telephone common common new Corp. mulative A. Loeb Co.; company will up purchase from it of to noon (CDT) on Aug. 14 receive bids for $3,990,000 equipment trust certificates, series to be dated Sept. 1, 1952, and to mature in 30 semi-annual instalments of $133,000 each. They will be secured by new railroad equipment costing not less than $5,320,000.—V. 176, p.52. Ohio & Air 10 & & Co.; Miller & Co.; Mead, & (par Inc.; Kuhn, Freres McCormick MISCELLANEOUS $284,000 Island Lazard M. Marks sub¬ stockholders, without Oversubscribed. Co.; The the QQ, C. Langley & Corp.; John C Legg & Co.; Lehman Brothers; Lester, Ryons & Co.; Carl M. Loeb, Rhoades & Co.; Irving Lundborg & Co.; Laurence Co.; $1,208,188 American Hard Rubber Co. 96,655 shares of common stock (par $12.50). Purpose, for expansion program and . Co.; Co.; ' RUBBER scription Chicago, Milwaukee, St. Paul & Pacific RR.—To Re¬ ceive Bids for Equipment Trust Certificates— Hill Richards & Co.; J. J. B. Hilliard & Son; Hirsch & Co.; Hornblower & Weeks; Howard, Weil, Labouisse, Friedrichs & Co.; W. E. Hutton & Co.; The Illinois Co.; Jenks, Kirkland & Grubbs; Johnston, Lemon (par Sons; Goodbody IQ'iO from from ry. railway—— railway oper. Income 1QS1 1950 1949 $1,701,166 $1,659,415 $1,578,979 $1,438,440 255,864 261,523 340,468 243,587 62,565 87,743 136,574 93,149 From Jan. 1— Gross Net Net —V. from from ry. railway railway. oper. 176, p. income—. 142: Columbus & Greenville Ry.—Earnings- June— Gross Net1 Net! ry. From 1951 1950 1949 $140,944 $152,831 $157,299 1,358 *11,003 12,056 13,150 701 *15,603 2,570 2,996 railway railway—. 935,369 1,055,334 954,851 956.893 131,890 172,350 132.956 169,055 income... 44,249 69,743 47,405 77,672 Jan. 10,471,719 9,166,769 8,808,793 2,367,294 2,095,247 1,910,129 1,248,364 Net from 826,637 -708,895 748,502 317,467 Net ry. railway railway oper. 10,772,437 Gross 1952 $119,302 from from — income—. 1— from oper. ♦Deficit.—V. 176, p. 52. 12 The Commercial and Financial Chronicle (424) • Sales income taxes — 1952—6 Mos.—1951 $11,044,974 $15,121,013 $21,606,314 $32,093,228 Earnings on (loss) *27,140 . share per ♦This amount 2,636,878 Nil represents a tax r——- shareholders-;.— __———— of Li Shares outstanding——— —V. 31,'51 $52,026,373 $42,493,826 31,500 25,600 7,454,804 6,212,732 June 30,'52 Dec. ' assets Net 175, Gain— Investment Co.—Assets Show of— No. 3,107,751 ——- 2486. p. Offered—A public offering in this new mutual common stock fund, was made beginning Aug. 1 through investment dealers, according to an announcement made by S. Waldo Cole¬ man. The initial offering price was $21.74—V. 176, p. 143. The —V. proceeds 174, vately—The Mutual Pri¬ placed privately Bonds Placed — Co. an 3%% first mortgage bonds, due Jan. 1; 1982 ($500,000 with the former and $475,000 with the latter). proceeds were used to reimburse the company's treasury for construction expenditures, to refund outstanding promissory notes, STATEMENT OF COMPARATIVE from Gross Net from Net ry. Net Net —V. $1,037,804 790,836 617,317 taxes, etc.__ after int., etc. $301,849 $237,714 236,634 172,158 $1,329,976 1,035,373 stock 154,329 154,329 617,317 common on Power Co. of Bait. l'952—12 Mos.—1951 Operating revenues $21,313,053 $19,788,922 $87,362,777 $80,667,259 Oper. exps. and taxes-18,355,384 17,032,544 75,353,830 68,785,730 1952—3 Mos.—1951 Period End. June 30— Other income income _» 665,329 217,218 152,507 — $11,881,529 792,544 $2,756,378 $12,008,947 $2,957,669 _ par for used and Net ry. income oper. 'Deficit.—V. 176, from Net ry. 1,390,630 3.040,391 Net ry. 19.238,005 13,537.815 2,011;360 479,518 21,046,566 4,925,230 1 511,127 Pfd. 6,286,895 2,943,077 Ry.—Earnings— 1951 1950 1949 $403,400 $248,000 80.547 133,405 *9,526 18,927 70,812 *52,440 2,704,800 2,045,500 715,174 458,185 34,619 has received SEC authorization to issue a $1,000,000 interest at 3% and maturing approximately 80 days such note,to..be issued to Mellon National Bank to to pected 176, 328. p. income Gross Net share com. per •Based $9,467,517 $1.66 $1.74 $0.38 $0.40 shares outstanding.—V. average on $9,286 534 $2,105,737 $2,264,956 income •Earns, 3,206,556 3,387,742 867,859. 845,220 letter shares 925 of Stock York 111. the oi Farwell, the of $14.25 SEC on July the $1.33Vis) (par through Executors (approximately with filed was stock common Exchange behalf on market at notification of be to 31, of share).—V. per 175, p. are purthase to 1951, to B stock and/or Pioneer Merrill Enterprises, underwriter. used for The Inc., Bluefield, West is $3 per share, capital.—V. 173, Va., has ;• ' * * • Decca Records, Inc.—Subscription 1952 June— from York, Net from appointed agent to accept subscriptions to capital Records, Inc. at the subscription price of $7.62 Va a share. Three rights are required to subscribe for on6 share." The Bank has also been appointed agent to issue, split, group and transfer subscription warrants for this stock. See also V. 176, p. 327. Net ry. N. Guaranty has Y., stock of Trust Co. of York, New Broadway,, New 140 been From Hudson RR. & June- ry. Gross from Net from Net ry. from From Gross Net Jan. 176, $4,309,532 550,141 533,667 436,048 —_ 378,346 242,472 226,072 28,728,685 29,097,725 25,562,899 6,578,946 4,713,084 3,061,906 2,254,392 income— 3,329,177 1,755,958 9,961,678 1,045,006 2,086,659 4,639,134 4,331,900 income— Lackawanna Western & ry. 1950 1949 $7,261,625 $7,604,238 $7,101,452 1,392,261 1,624,811 from railway- 46,048,589 from 9,803,087 Net ry. railway oper. income 4,735,568 817,715 Rights 501,766 43,904,876 37,990,579 8,021,695 _7.1U.701 1,527,515 (Indiana) 3,143,763 3,428,413 3,208,292 175, A 2376. p. 88,334,687 76,440,559 June— 1952 from Net Net ry. railway railway from to special Aug. 20,882,995 18,553,475 1950 8,248,314 8,423,750 $6,103,292 1,386,644 1,517,268 846,168 757,563 468,999 Net $5,150,596 ry. share. and 10,027,665 10,205,682 5,663,713 7,224,756 Six income.— 4,432,627 4,960,805 2,986,081 3,917,331 retiring not 32,766.730 2279. only to -V. Gross Net Net from $1,236,400 1950 Net from Net ry. —V. years of the and all of of has voting Total net 193,906 318,086 107,620 Shares by of to Chicago, 8,890,703 3,931,757 3,796.559 1.977,698 1,640,157 —... (& —V. $266,576 Net income profit value 175, p. 94,504 60,768 $661,417 ♦Prior 244,847 124,854 104,167 73,670 1,413,398 203,894 141,176 $230,341 $83,003 $865,521 $332,669 11,977 12,961 $59,870 $853,544 $319,708 $0.13 $1.92 $0.72 $0.52 to 444,756 1860. shares 1952, 1, of period- the 89,64^ stock $1,437,515 2,179.888 2,179,888 $0.6& 224,700 $2,627,837 $1.21 and Federal at applicable April 1, its standing the in at June provincial official rate 1 179,288 $2.34 taxe\on income of exchange. and pre¬ 1952 stock, common from for statement above increasing the number of shares out¬ 2,179,888. The operations of American the second quarter of 1952 are reflected the quarter and six months periods ended to only 1,779,888 Mills Corp. for $3,000,000 mortgage the President, and but- borrowed $3,000,000 preferred stock; to for the purpose of operations this of $1,402,500. Through balance present a $64;22l,832 $51,825 606 3,729,808 3,217,815 $18.12 $17.22 $16.11 July Fund Insurance on July employees Plan. There is filed 23 maximum a by and of under no San Co., Francisco, Calif. Exchange Commission— letter a shares the Savings underwriting notification of 4,783 of capital and with stock to Supplemental involved.—V. 174, p. the be Offered—Merrill 1952. debenures outstanding.— common stock common , stock. mencing in are convertible 1960 caculated ■ debentures at their on or before July 1, 1962 The issue has the benefit prior to maturity. to retire a principal at of amount into $?.37'/2 per share of a", sinking fund com- minimum of the principal of each 1% of 70% of the at a premium commencing at amount on or before July 1, 1953, and decreasing until July 1, 1980. time in multiples of $500,000 any y8 year Generally speaking, institutional investors . The selling The amount. follows: Cnnt'ne and the to for to Board plant stocks of Container and are their principal being applied 1. 1952. of the American Glass Co.; approximately company's own preferred stock subsidiaries, Gair Co. Canada Ltd. acquislt'on on Apr! of Owens-Illinois retirement the of $6,500,000 to pay off the company's shortdischarge other cash obligations incurred in Division preferred the notes was 96.607627% of sale have been or the of proceeds loans Mi'ls Fibre tures under approximately with bank term connect on price net notes and the loan agreements with the which the notes were issued and sold terms and provisions customary in the restrictions, covenants, of this kind. $8,000,000 4. company of institutional investors of promissory notes due July 1, 1982. group as Re¬ the 1952, 18, contain . Redeem Preferred Stock— of Notes to concluded the sale to a small $20,000,000 face, amount of its The notes bear interest at tjie rate, of 4% per annum payable semi-annually on Jan. 1 and July 1. No principal payment is required until July 1, 1963, when annual payments of $1,000,000 commence. The company has the non-cumu¬ lative right to prepay at par $1,000,000 a year on July 1 each year from 1953 to 1962, inclusive, and also the option . to prepay notes On ajt 31, '51 June 30, '51 4,142,467 share Sale » " 4% 30, '52 Dec. Lynch, Pierce, Fenner & Beane and associates on July 31 offered $2,750,000 of 5V2% debentures due July 1, 1967 (subordinate) at 100% and accrued interest from July 1, 1 1952. 30, and The presently $4,184,915 1,779,888 estimated Coating requirements said first by Flying Tiger Line, Inc.—Debentures $230,341 sh— adjusted July shares and 1952, 1, and ____ years July $75,043,060 per company tirement $475,684 .1 com real secure 26,300 $2,523,766 $4 364.203 $2,807,125 179,288 the company subsidiary, American Coating Mills Corp.. acquired the business and certain of the properties of the American Coating Mills Division of. Owens-Illinois Glass Co. in part in consideration of the issue and delivery by the company of 400,000 company to first mtge. the of 4>/2% 1223. covering purchased $449,384 23,133 per V. 175, p. $600,649 $341,403 taxes.—— Balance the dated from determined June asset The 1949 184,730 ! divs. 'Earns, $2,429,262 $1,527,150 period applicable to com. shares outstanding •NOTE—On directors: company's of prepayment company 15-year assets Fireman's SEC 1950 74,827 income Other deductions Fed. 1951 transactions dividends loans • Subs.) —Earnings— 1952 Other income Total fol¬ 3,187,711 1,671,732 Six Mos. End. June 30— profit interest certain the be As of— 7.991,987 1,171,801 704,61-2 $4,588,903 dividends for * After ferred held the trustee, as to be are 6% reduced —Files With Securities Operating bear with outstanding 9,747,999 523JS95 the for .Income i 1^4, p. 995. 277,616 • Co. used be upon of the of mortgage Fair been $1,138,121 52. Dobeckmun which will company by. the, board of indenture to sale price The ago 630,412 2,795,001 income and amount a outstanding its $1,527,515 8,989,886 railway p. be to are par. 526,453 Net railway-.-*. oper. 176, than 132,492 income oper. from 266,994 $1,808,fW "&3^l§l975 280,^50 280,850 Total Common pledging an annum, and at $1,432,292 From Jan. 1— Gross issuance 318,100 railway 683r104 the in Paperboard Corp. & subsidiary ern Income Fidelity Fund, Inc.—Assets at New High— 1949 " from ry. railway- ~ per principal bonds less Detroit, Toledo & Ironton RR.—Earnings— 1951 $3,201,187 630,1§0 ✓ subscribe for 28,350 The proceeds considering company 1867, 1, 4Va % indebtedness 1952 the of July of The (2) 27,972,945 June— 60%. $1,934,200 359,534 Ltd. consolidated net income of South¬ : 239., p. recommended matters leaseholds by bonds aggregate 35,595,517 p. $1,181,481 Canada Co. privileges. 37,084,359 oper. 175, — Gair of subsidiar.es Company's equity of preferred stockholders per of purpose mortgaging and rate and railway--— from Net 55,03.7 5,057,000 Corp.—Rights to Stockholders— the shareholders of the described The leasehold railway 36,629,000 ~ 455,690 $4,362,666 Prom Jan. 1— from 1,831,000 income on Intercompany for mature the 821,922 636,826 _ (est.).— taxes [and 5,292,737 City National Bank and Trust Co. to 1949 $5,798,338 income oper. 33,456 — — 13,698,545 8,531,919 meeting 4 leasehold RR.—Earnings- 1951 646,666 16,728 75,805,525 19,748,450 $3,000,000 aggregate principal amount of 15-year 4V2% Denver & Rio Grande Western 8,959,890 882,780 subsidiary of i Balance (The) Fair, Chicago, 111.—Plans to Issue Bonds— (1) below.—V. 6,479,436 523,829 shown stock pfd. •Income 679,222 * 86,019,831 income are property Co. 3,553,038 ! of lowing Oil below_ before deduct, on Ipcome per common share——'— 7,183,130 Corp.—Acquisition— Standard 1,271,651 being offered to capital stock at $3 working capital.—V. 176, on Oil 782,041 41,445,405 < $19,815,535 $36,855,493 $43,121,376 S.) (U. 1949 2,015,176 176, p. 53. shares —V. 176, p. 52, Delhi 1950 1951 3,400,319 Excalibur Uranium 1,173,443 612,410 customers to Depreciat.on of buildings and equip. Income Federal 3,261,247 $6,828,678 1,358,861 654,256 sales Divs. 1,756,528 railway railway oper. 764,086 53. p. Quar. End. —6 Months Ended 30,'51 $12,671,744 $14,970,490 $13,759,868 $12,610,919 from from Prom Jan. 1—• —V. / June 30,'52 June 30,'52 June RR.—Earnings— 1951 1952 Net Gross 7,359,581 1,662,027 income oper. 176, Net From Jan. 1-— Gross for Gross 8,697,915 2,835,128 1,386,842 (Robert) Gair Co., Inc. (& Subs.)—Earnings— 53. ir.ccme oper. Net railway railway oper. income. See 9,969,499 2,332,912 851,435 24,395,370 10,786,114 railway— Net 52. p. from Gross 23,794,768 9,844,089 1952 ry. 4,093,066 from ry. 26,964.943 6,899,354 " from —V. ct 434,619 23,602,106 from .railway— " Net 25,597,320 6,268,371 railway- Delaware, et ry. 1,154,230 902,518 June— Gross Net June— Gross 2,055,481 501,651 Erie RR.—Earnings— $3,977,238 720,925 $4,675,148 807,154 $4,359,984 railway oper. ry. ~V. 11,812,407 3,302,886 1,482,939 railway— consolidated 1949 1950 1951 1— from from Net $1,625,990 ♦. 59^664 296,570 railway from -^V. 1,963,772 railway p. 1949 $1,704,297 ' 533,813 243,404 $3,861,810 railway 176, 1950 $1,453,575 -''■=232.930 50,603 1— oper. 75,000 75,000 $1,833,923 414,327 195,061 income- oper. from Net $4,255,731 Corp.—Earnings— 1952 railway from railway ry. oper. income Net 1951. 1952 Net 1949 $4,775,658 income Jan. •Deficit.—V. Net Carl McGlone & Co., Inc. ; 100,000 75,000 . Dccca Delaware Gross 100,000 239. from railway railway-—-- Net *140,012 railway oper. 100,000 From Jan. 1— 1950 1951 100,000 250,000 350,000 - from - $1,842,224 444,331 railway--— > $100,000 & Co._ & p. Net Gross Gross & —: Simmons. — 176, Gross 515. Agent— Sulzberger Co. Fort Worth & Denver Ry.—Earnings— : Elgin, Joliet & Eastern Ry.—Earnings— The Hallowell, ■June— are ; - " contract. Ira Haupt & Co Lester, Ryons &. Co Baker, Simonds & Co.— John Kormendi Co Ellis Craigmyle, named - as to' be been The!,, proceeds 859, p. :■ <: f Pinney & Co. Co. -fV. be price working persons who commenced in those conversion Lynch, Rhoades LoeJ), Dempsey-Tegeler Blunt could not be consummated. The offered to stockholders of record new share for each four shares of class A stock held. Rights will expire on Sept. 10. B , scrips expiring of for. exchange Beane—__$1,425,000 & M. & i Y.—Files— which offering the under to rep- . Pierce, Lynch, 1 Fenner to be to §Of which*. 293,334 shares- are reserved for '• ;y " *■': ■' y ! ' _ underwriter.' purchase the in the purchase forth set of first borrowings Pierce,". Fenner & Beane is the The obligations of the- underwriters named debentures are - subject-ttr certain- conditions to bplow purchases whosp class offered be such aircraft, reserved shares 773 1952. debentures.. managing notification with the common stock (par $1),- of letter seventh the of UNDERWRITERS—Merrill lt A ' 15,000 stock offered on & Co., Ruth K. Cummings Chapman Estate July on remaining 37,500 shares Aug. 10 at a. rate of one covering the New Chicago, 23 52,500 scares covering which February, Consolidated Grocers Corp., Chicago, 111.—Files— A SEC 25 filed a shares of class company sought 143. 176, p. The the 1952 Contract the of „ Electronic Computer Corp., Brooklyn, N. $2,973,593 $12,674,276 $12,674,073 $3,110,176 _______ deductions 784,027 shs. §1,500,000 shs. $1) (par 25, tlncluding Dec. Carl Income 2,750,000 500,000 shs. ($10 par value) notes „ all outstanding shorUterm notes with the proceeds ex¬ be derived from a permanent financing program now being formulated—V. *$500,000 2,750,000 three such off pay Outstanding.: $5,500,000 — 199,533 shs. shares by ; of Pittsburgh. The company * proposes ^:fco use the note to defray part of the cost'of its current ' construction program involving an estimated- total < cost—of? ~about' $30,000,000 for the year. 1952,—jThe? company, -novhasf a short-term bank loan indebtedness of $14^810,000. It. has expressed the intention Company from FINANCING PRESENT TO A or date thereof, Trust totaled $1,399,872. equipment, EFFECT due in 20 equal quarterly installments from March months after the last delivery date, whichever shall be the earlier. On July 9, 1952 the corporation borrowed $2,500,000 under the credit agreement and a portion of this amount was used to pay a progress payment of $1,497,466 to the Douglas. Aircraft Co., Inc., under such contract and to pay $787,985 to the Bank of America N.T.S.A. representing the balance due on notes. Upon receipt of the proceeds' of the sale of the debentures hereby offered, or not later than Dec. 31, 1952, the corporation will become obligated to repay $2,000,000 of the above-mentioned $2,500,000 loan. The corporation may thereafter borrow from time to time the balance of $5,000,000 against delivery of the seven DC-6A aircraft. ' company proceeds nine net and aircraft (subordinate)- 1967 1954 31, *196,173 the GIVING 1954-1959— resented 204,629 bearing due June DC-6A Duquesne Light Co.—Bank Loan Authorized— This . corporation executed the credit agreement w.ith The Chase National Bank of the City of New York and The N;ew York Trust Co. whereby the corporation may borrow a total of $5,500,000 by the time of the delivery pursuant to the Douglas 270,055 note the and and aircraft shares, cumulative Common 143. p. of debs, due Series 951,958 176, sale loans 5V2% income—_ oper. to Authorized •Bank 1,639,700 120,584 •Deficit.—V. a months ended income, after a other equipment, ended June 30, 1951 operating$15,582,059 and net income, after a special profit of during $16,281,589 revenues $625,098 on sale of For the full fiscal year 1,785,391 railway—— from Net in amounted of CAPITALIZATION 3,470,648 3,396,300 railway is in them. totaled on is the, over-haul and maintenance of air¬ the leasing of aircraft to other persons basis, and 1952 $1,174,395. $374,922 $404,600 income— oper, profit revenues $471,100 115.464 20.340 railway from 31, *On railway others, operation by to 1952 Net City the of Bank National Chase The York Trust Co. $6,257,000 Duluth, Winnipeg & Pacific from for special 52. p. June— Gross with The New charter or March $6,347,522 3,770,876 „ an EARNINGS—Operating $7,558,724 4,011,790 15,170.755 95,093 *1,136,243 railway. railway from and Consolidated Gas Electric Light & Operating Income— after 515. 175, p. railway-*.—__ from Net $6,621,847 5,584,043 1,686,445 after inc. Divs, 1952—12 Mos.—1951 $7,964,934 6,634,958 taxes—— and Expenses craft From Jan, 1— $1,700,667 1,452,953 $1,988,294 ____ of excess agreement an contract 1949 1950 1951 $1,117,765 *824,485 1,027,358 railway oper. added to the will be corporation, which started operations in 1945, one of the country's leading air freight carriers, and in addition engaged in the transportation of air freight and passengers on From Jan. 1— Gross EARNINGS 1952—3 Mos.—1951 Period End. June 30— Operating revenues in of New York and Ry.—Earnings- 1952 June— 1952. provide cash for additional construction in to past and parts. not under the June on company offering the from the corporation and will be used to assist in the purchase of seven DC-6A aircraft and a complement The seven aircraft will cost $6,989,878 and ,the spare of the additional $1,200,000. The total cost will* be met out of the proceeds from the sale of the debentures, general funds of the corporation and loans up to a maximum of $5,500,000 Inc., Redmond, Wash.—Files— Duluth, Missabe & Iron Range $975,000 The of spare parts 2188. p. funds 1952' Monday, August 4, . BUSINESS—This 30 filed a letter of notification with SEC covering 2,000 shares of common stock to be offered at ($10 per share), without underwriting. The proceeds will be to develop a commercial model of a mineral separating machine to establish a sales organization. The and the issue of Co. Insurance Insurance Life Mutual Massachusetts Co. early this year company Connecticut the with Service Public of company's expansion program. for the used be to are Dry-Ore-Concentrator, Gross Community general financing ' Inc.—Stock Fund, Stock Commonwealth PROCEEDS—Net* proceeds Privately—A delivery of $2,500,000 4j/4% first mortgage sinking fund bonds, due June 1, 1967, has been negotiated privately by Hemphill, Noyes, Graham, Parsons & Co. for Dragon Cement Co., Inc., it was announced on July 29. Dragon Cement Co., Inc.—Bonds Placed purchase agreement providing for the future $0.57 ». Commonwealth As 4,157,500 2,636,873 2,636,878 $0.06 $1.18 credit for the period.—V. 176, p. 326. 2,636,878 shares 22,900 166,543 1,818,500 1,489,459 *Crl21,300 — earnings Net Number of Subs.)—Reports Loss (& 1952—3 Mos.—1951 — _ Fed. for Prov. Corp. Solvents Commercial Period End. June 30— . . of its Corp.; equipment the and and the balance to capital expendi¬ increase of working capital. outstand'ng 298,813 shares of pre¬ Sept. 30. 1952, at the redemption price of $20 per share. Formal notice with appropriate details and instructions will be mailed to preferred stockholders at an early date. The "referred dividend of 30c per share for the quarter ending Sept. have directors The ferred stock for called redemption the on Sept. 10, 1952, to holders of record at the 1952, as previously declared. A common declared payable on Sept. 10, 1952, to common stockholders of record at the close of business on Aug. 20. 1952.—V. 176, p. 328. 30, 1952, close of dividend will be business of 30c paid on per on Aug. 20, share has also been Volume 176 Number 5139 . . The Commercial and Financial Chronicle . (425} General Acceptance Corp.—Calls Debentures— The 1, 1962 from has called company outstanding the July Trust 1, Co., The 15-year of 4% 1952. for redemption convertible General Phoenix Immediate successor trustee, at Aug. Wall St., 25, 1952 plus be accrued made New all General Phoenix Corp.—Debentures Called— of debentures, due 102% will payment 46 on subordinated Corp. ■ York, at See of Bankers Construction Y. to convert the debentures into common stock on the $1,000 debenture for 118.01 common shares expires at business on Aug. 15.—V. 176, p. 239. of Situated General Beverages, leet Inc., Chattanooga, Tenn. Name— See Lime Cola Co. New company covering of for South River, N. 22 subscription rate one new of without will operation —V. be and 175, each rights used for for letter a share will of capital of at on 10 cents) and 8 program. 13, a Pa., and $3,000,000 and „ plant Los in silica and share, at best The of factory's plant plants the on under are Delaware River of with business in the world, being are year 6,000 income Federal in almost raw Net income 175, shape, or - Cash the' dividends "Earnings expanded i Of the Utilities 507,336 shares of Corp.—Stock stock common offered by the company to its stockholders (not shares sold to The First Boston ding, including the 24,613_ Corp. at competitive bid¬ which on the exercise share, Out rights subscription warrants aggregate of $8,185,485. or an of the 63,149 acquired company by through $1,235,578, pursu¬ of at shares the of $21 per 000; average common stock covered by 947,235 52,593" shares were sold by the., dealers for an aggregate price of of $23.49 per share., price approximately the company) dealers at acted as The :.f of $23.87'/2 July 24 share. per offering July 1 by the Merrill 531,949 basis of (which rights include acquired was share on made for to each July 23.—V. Net stockholders Board Chairman said preferred shares 15 176, sales Profit held,- Privately—The Aug. A. before Net com- 19, owners, at a President special will be asked to consent to the Prudential loan will be a which Charles meeting a top debt portion. limit to of H. be $9,549,000 compared year. • . reached over over to an employees with $11,520,508 all-time for high the previous year. the figure of five the same. of wages, salaries $57,562,000. This is years profit held a an the is new at were added to soybean the STATEMENT, Gross Net gain ry. 1952 * sharing distribution Prov. for Fed. & forgn. Common Net. rv. — Earnings COMPARATIVE of $6,507,000 occupied during ENDED MAY Provision and Advances Net-, Inventories Earnings Earnings exps. Invests, in ..., and deferred water share redemption Wall 13,251,218 Notes payable Accounts payable 1 pother Accrued than . Gross reed, t 16,445,570 5,080,865 cumul. "Common officers in 52,929,886 6,166,786 414,099 702,451 45,376,629 156,436,911 10,000,000' Gross Earned Trust to the ry. 19,969,312 30,096,854 5,254,868 345,350 43,558,312 Gross from rv. 26,672,000 6,017,840 3,597,209 3,445,774 1,570,908 3,147,508 1951 153,008,966 126,730,109 •: * 1950 112,259,469 113,581,497 19,141,126 22,786,743 6,216,697 6,789,308 to 176, p. 16,674,743 '10(930,333 10,125,018 14,645,987 16,343,855 10,912,069 2,370,026 1,849,517. T.928T15 1,263,689 empls. 2,018,723 1,367,650 ' - 1.367,507 from Net .-*,360,566 Net from ry. (no $13,722,001 income--- 9,590 railway.—/V 9.2,242,330 2;082»706 V 1,274,873 4,739,100 6,159,800 '9,149,200 for distribution its among part... 22,147,300 22,147,300 Gross Net from Net ry. par)_L—__ 29,982,360 28,555,327 22,147,300 25,565,927 railway------income/.- 51,164,566 48,127,639 43,090,869 400 at Dr282,468 From ■ Total 156,436,911 2,100,380 shares in 1952, 2,012,178 shares in 1950.—V. 174, p. 462. Gross 153,008,966 2,067,066 126,730,109 railway... railway-!// Jan. shares in 1951 from Net from Net ry. has of announced land —V. 176, P. corporation' holders Corp. of of (in unex¬ America the in for the the purchase Chicago by the- area manufacture of as 14,675,374 '• company.—V. July 22 filed oa shares of of 6% common The at will 173, ' . be the 15th plant owned 1989. p. letter of a cumulative stock proceeds in y be notification preferred (par $5) will of units without $27.50 to be to used stock offered with (par at improve, and the SEC $25) an I without, par, tele¬ expand Mass.—Files—Righte— preferred one underwriting, and with one common unsubscribed at snare unLs to be per design and develop "Helioplane" type of aircraft.—V. j.74, corporation's new quarters executive occupying offices the moved were entire 16th been The lease Herbert located at 393 Seventh about floor had 4,037,075 p. 545. Avenue in week a the since ago Canadian. Y. Heyden executive 1944. for the Heyden space at 342 Madison was handled through Purdy Management Corp.—V. 175, p. 917. McLean 1949 $317,742 $295,755 95,769 . - Subs.)—Earnings— 1952 *2,004 r Special income 1,811,921 1.732,119 576,294 341,894 » 261,621 81,153 3,431,550 5,363,704 2,363,491 ". 3,293,510 adjustments. income 1951 $32,207,612 $36,606,37* —- Profit before special charges, etc."!—:— Federal taxes on incomeai— 34,985 41,356 ' t. --- * $1,068,059 £55,065 $1,515,129 - "Earnings "Based per common " share— $1.09 —---r— 785,000 shares.—V. on 1950 1949. $6,080,770 $5,685,7.70 1,548,672 598,955 495,135 42,984,727 10,855,887 35,062,752 36,205,516 8,238,774 8,246,923 3,974,569 3,234,468 3,274,329 ' 1,249,169 618,760 ' 825,617 - 1— income.* _/5,019,315 < f 173, p. $1.66 1793. shares new July ipar will be Corp.—Financing Approved— 29 approved the issuance of 120,000 shares $25). first offered for subscription by stock¬ probably in September. Robert Garrett & 8ons, Kidder, Peabody' & Co. and Moroney, Beissner & Co. are named as the principal underwriters. holders, of stockholders also voted to common ferred t on preferred stock The The railway—' .'2 -44,738,113 Natural Gas The stockholders of 5% $6,995,641 1,706,680 2,079,547 — (& Six Months Ended June 30— Nfct sales—- 1959 r'< a glass ' $7,384,692 — income! .1" 54. located plant new Building, 342 Madison Ave., New York, N. 96,933,968 8,447,333 "1,980,376 60S, 375 railway.!./tsK 13,039,173 oper. this Haytian Co.—Buys Plant Site— Plainfleld,r 111., the by unit, per Houston oper. of offices 276,378 25,181,136 7,602,392 Gulf, Mobile & Ohio ER.—Earnings"V.,: : V.;' 1952 1951 from by stockholders, stock common, Heyden Chemical Corp.—Moves Executive Offices— ' and . service. Net r, June— _rw. by for President, plant company The 1,296,089 Treasury stock "Represented America—Exchange of Holdings- plan assets % stockholders to 1,154,956 — stock . unit through Chace, Whiteside, West 6 Winslow, and H. C. Wainwright & Co., both of Boston, Mass. The p.oceeds will he l'sed to continue the development of "Courier" model aircraft and "/ oper. 1,165,187 34,4.73 757,826 ' "Deficit.—V." 176/p.': 144. 1,165,418 $315,776 ' from 1,267,375 purposes: pfd. stock. ($100 railway..— From Jan. 1— Gross company, • 54. railway2,18S,474r oper. From Corp., $50,108; Lewis large hardware store in a 144. p. Glass McNash, shares offered 1949 87,751,109 Green Bay & Western RR.-Earnings— *•";</: /• <1952 1951 ry. value): par Neuman Pacific June— Net- from' 13,000,000 no company on July 21 filed a letter of notification with covering 3,000 shares of non-cumulative preferred stock (par $1) 3,000 shares of common stqck (par $1). to be at first ou^rert $25 $21,937,749 $17,857,772 $20,032,593 5,502,285 4,733,564 5,720,270 1,114,724 2,949,018 3,470,659 income—.- "Deficit.—V. of operates Hello Aircraft Corp., Norwood, 23,526,000 6,205,735 1,414,416 railway——— oper. 1952 report incom© Federal The and 29,592,000 $19,870,411 from. railway.., Net Net $340,000 1949 From Jan. 1— 1,580,293 tFirst quarter Co., N. Y.—Bids Received Graham company 176, certificates new phone 1950 Ry.—Earnings— income—_ & (all $77,500; The City.—V. underwriting. 54. railway tLoss. estimated of scrip for fractional shares of capital stock of Haytlah. Sugar Co., S. A., issued in connection with said plan their holdings for exchange at the Chemical Bank Co., New York, N. Y., on or before Sept. 15, 1954.—V. 172, covering SEC railway.—, 4,330,790 open, stock common Tachna, operated The Co.,. 46 ~ 1952 from Net — surplus dividends Bankers 1951 railway..28,181,000 railway—— 4,257,346 Income.^ji '• 980,256 from Net Net process- and cony.-preferred stock accrued at $4,763,000 oper; 4,137,009' consolidation of the Hamilton Watch Co. andits the Ralph W. Biggs & Co., Inc., which was a Hebron's Home Telephone Co., Hebron, Me.—Files— 239. 1— Great Northern 14,789,016 1,502,088 43,824,635 — ($100 pari 5% p. Jan. June— 24,804,690 Reserves for self-Insurance.. cumul. made the 31 1950 $201,289 tender The to 1951 6,086,581 ... payable Reserves for other 3%% unpaid be 176, from Gross contracts are of I. H. and 203,960 p. t$506,709 . $3,975,000 572,136 176, 234,000 $71,112 plans contemplate the beginning of construction at an early date. The availability, of structural materials, particularly stee), will likely determine the time for completion. 1952, all out¬ redemption price of 487,548 "Deficit.—V. $465,000 29, $4,649,000 968,625 $5.87 - . of at- Aug. 698,026 $4.92 $435,289 t$971,709 Houdaille-Hershey Corp. taxes), on Dividends stock on 245,492 from 3,193 Present • 208,654 ry. 80,586 80,000 containers. $T.66 . "282,137 Net 47,241,400 V--— and accrued exps. taxes Thrift accts. $1.89 income... Net 1,008,033 5,611 $151,112 company of- a 75-acre tract -site for construction of a $*>«.n oper. 1,434,212 $1,446,521 1,007,122 1732. J. $7,349,011 $2<Mt $4,317,000 5,009,037 1,005,294 ------—- LIABILITIES— $8,278,804 $^4.28 railway—_ railway. 1,352,186 $115,999 468,007 holders Trust 1,177,728 $6,834,321 1952 - . "1952—6 Mos.—1951 .,$624,730 tCrl25,00G the p. Grand Trunk Western RR.-Earnings— from depositary. subsidiary, Hazel-Atlas in will N.' Y.—V. the of its should 1950 441,168 redemption cents Payment is certificates. t$175,944 of rights power Total Adv. date. the trust EARNINGS and to and 1951 $1.53 preferred 83.33 New-York, June— Gross 5,131,552 MAY its Pa., OF the in t$300,944 $33,000. York 2,180 , ♦. St., of plus voting sharesof held are 6,136,235 share for shares Lancaster, agreement shares before Pursuant Goodrich Co.—Calls Preferred Stock— shares per from 28,276,487 ■ 270,683 9,305,566 share— called trust agreement, 545,028 Haytian Corp. of 1,066,692 ' , 773,584 has of the 200,000 and 1861. p. voting of 3,702,494" 8,283,066 common standing 6,999,094 _ New $16,545,260 $18,616,655 $15,209,253 654,289 591,117 546,279 income . is American 1952 — $100 > - . 312,991 shares Yaeger, Subs.)—Earnings— taxes company ry: SHEET, (& preference per (B. F.) The 31 Net 18,203,262 charges other companies, etc;w Land, bldgs. and equipment, (net)__ Goodwill, trademarks, trade names,. -and 311,072 .. Net ... receivable (net) grain purchases, etc.— Prepaid 3,758,131 1,336,503 — t>er —V. 175, 235,500 6,385,152 obligations (net) 1,345,501 433,752 income 7,570,000 BALANCE ■ accounts on 4,243,019 of Steinman $283,230 taxes owned $100,500; "17,398 against unrealized foreign earnings $3.94 CONSOLIDATED 54,617 Mr. operating loss carry-back credit, which could not be reason¬ estimated at the end of the first quarter 1952.—V. 175, p. 186*. 440 54. p. domestic profits 253,200 1952 Government 37,730 operations and 13,056,000 share Drafts and acceptances— - from excess a 1950 ll,520i508 176,' $ S. 96,718 Depreciation Foreign 1,233,254 r_ . income.— Gillette Co. the them among 1951 9,549,466 Cash U. 1949 $521,701 228,984 6 Months Ended June 30— about 5,229,285 _— ASSETS— Notes 1950 $647,441 95,064 voting Watt, G. Treasurer 39,146 state results changed 251,600 — per common 1951 railway "4,697,282 railway1,707,866 oner, 11,524,000 taxes on inc. — dividends Ry.—Earnings— 174,946 * while the terms STATEMENT Hammacher, Schlemmer $651,903 from from From Net earnings —i Preierrta uividends income...' The Charles Shand The Attorney General of the United States, at the Office of Alien Property, on July 22 received and opened the following bids for 660 shares of $7 prior stock, 660 shares of $7 preferred stock and 234,140 railway..._ oper. Net 385,029,088 possible- 1539. $718,052 — From Jan. 1— Gross $-.-$ $ 468,864,838 435,947,827 395,834,706 353,484,560 321,019,863 inventory losses— 97,792 Cr62,398 Cr586,534 Interest 1,046,424 578,518 490,795 Depreciation of plants—' 3,030,828 2,888,267 ; 2,791,053 Selling, general and admin, expenses 56,298,166 52,411,057 49,389,409 Contrib. to employees' retire, system 1,987,474 1,813,115 1,673,402 Profit Sales of products and services—,— Cost of products and services sold— for Florida store, on July 23 voting trust stock. and Mr. net ably benefits employees - Prov. & and to the acquired by Hamilton July 31, 1951. has been adjusted to include an report that the the company was prepared to make through stockholders of Harbor Plywood Corp. had been p. Steinman, "1952—3 Mos.—1951 income wholly the 175, Co. taxes income "1952 with $16,199,930 terminated.—V. covering —Voting and net (loss) or income Fed. $2,001,723 1952 from Net in company subject income Provision'for I revealed be exps.. expenses, 180,7141 $1,003,271 Hale this SEC common President Under Trust advertising Profit that from0railway„ "Deficit.—V. company, YEARS /! tax June— ■ approximately $20,000,000 were 53,678 compared ago. President, Georgia Southern processing plant at Rossford, Ohio; an amine unit at Kankakee, 111., turning out products to be used in refining of mineral ores and other industrial applications; a modern feed- mill at Miami, Fla.; a lormula feed warehouse at Ogden, Utah, and the company's largest country elevator at Idaho Falls, Ida. COMPARATIVE INCOME $15,806,831 negotiations, definitely earnings previous retirement a number of Minneapolis & SEC par no department to shares.. liquidation) and This increase of with ago, facilities Many other facilities offer Co.,-Inc.'to withdrawn and management news of the year concerned the retirement of Leslie N. Perrin effective May 31, 1^52 and the election of Charles H. Bell to succeed him. Mr. Perrin served as President since Jan.. 1, 1948. He continues on the board of directors and the executive committee. year. company,.—__ were year Cheatham, Blyth- & on of common 24,705 Bank other $0.70 2356. p. Newspapers, Inc. The combined holdings of families (including shares to be acquired) ... Net period R. recent merger , top research ; income subsidiary • their Period End. June 30— Gross earnings Other 1951 is COMPARATIVE $28,146,147 $32,647,546.' 2,015,313 5,608,585 958,364 3,426,148 —— same Owen President Enlarged taxes. on in for-the Profit The taxes Sales .< .. _ 1952 Shand, J. Lancaster and of With the with shares Watt of other Farmers Net-earnings after taxes for the quarter ended June 30, 1952 were or $0.34<per share compared with $901,083 for the correspond¬ Bell $50,000,000 the \ v statement Lancaster Hamilton Selling, . ^ Payments , income for interest ing period of;-1951. Sales at New High—The corporation in its 24th annualreport to stockholders .and employees on July 28 showed total sales at a record high of $468,864,000, and of Worcester, Montpelier, $400,302 long-term and of stock stockholders-up to a maximum of 400,434 shares outstanding (of which 13,415 treasury), may be deposited in exchange for 1539. — • Prudential Insurance Co. of Bullis Mr. Shand, aggregate of off bank loans incurred in financing pay & trustees in __— Provision 328. p. that subject to approval of, has negotiated a Harry share to —_ America to finance product development and expansion of facilities. : This loan provides for 20-year notes at 3%%, $5,000,000 to be borrowed within the next month, and the balance of $10,000,000 before May 31, 1955, without any interim commitment fee. . used $791,357 320,000 400,000 Registers common 200,000 William directors. the Georgia-Pacific Plywood Co. (& Subs.)—Earnings— announced preferred stockholders it loan of $15,000,000 from the of for are administrative through participating! Pierce, Fenner & Beane Lynch, General Mills, Inc.—Notes Placed -;pany on July 28 Co. stock Co. for registration President the Minority . Assurance capital improvements.—V. 175, p. 10,556 by all company shares one share, with rights expiring per by Life 6 Months Ended June 30— of the on shares covered clearing agent. original $21 remaining shares offered were record at 34,958 abovementioned Mutual The proceeds will be - The ' -Of State a Watt $175,000 and National Life Insurance Co. of $175,000. Paine, Webber, Jackson & Curtis and Stone & Webster Securities Corp. were agents for the borrower. corporation, participating an at trustees trustees companies, T. H., Moran, President, announced on July Participating in the loan were: New York Life In¬ surance Co., $500,000; Connecticut Mutual Life Insur¬ ance Co., $200,000; Berkshire Life Insurance Co., $200,- represented capital 1,000,000 shares presently outstanding.—V. 174, certificates 31. fractional shares not issued), approximately 419,785 shares were subscribed for ant to filed General Telephone Co. of Wisconsin—Bonds Sold Pri¬ vately—The company has borrowed $1,250,000 on first mortgage 3%% bonds due in 1982 from five insurance Subscriptions— $739,888 on Hamilton Watch Trust Formed— 50 -types produced by are paid share., per 174 000 $o.74 1480. p. 1,498',006 taxes...... earnings "Based size any $2 463 357 taxes Morris- $2,000,000. employees.—V. 89,789 $2,288,888 and sundry - State 23 plants and 43 mines in the United States sales volume that last year totaled $56,000,000, the in Grefco's 41 year history. More than a '987)586 $2,399,935 63,422 160,000 1,389,000 inc.—interest, discount, operates company company's plant 987^586 $2,199,099 Earnings before taxes on income on income—estimated: construc¬ at sales Taxes manufacturing unit to be $12,000,000 expansion new allowances Earnings from operations current other of and Jan. 1 to June 14,'52 June 16/51 $13,101 841 $10 979 545 9,915,156 7,592 024 , returns, Selling, general, and admin, expenses.. space. new t disc, Manufacturing cost for Works, brick, manufactured the Two brick less Maywood plant has 28,000 square new first Refractories cost a . Sales Angeles, Calif., large plant at Warren, Ohio. Manufacturing and storage facilities at the company's Baltimore abroad purposes. the brick , Voting General Public Manufacturing Co.—Semi-Annual Earnings * a improved The the 1952. Rican corporate General improvement be" at per Hamilton 380. p. Other storage is,- the largest basic- refractory the to cents Puerto general with Aug. 25 Aug. the and (par record held expire expansion working notification 710. p. plot, acre plant materials J.—Files— of stock stockholders for underwriting; proceeds filed of .common by share 16 a and shares offered on manufacturing ville, July on 960,000 172, Co.—Completes New Plant— $1,000,000 new Maywood completed under below, General Fuse Co., The the of The tion, SEC above.—V. the manufacture of unburned basic brick is now completed and in full operation, according to a recent announcement by Lionel Y. Greene, President. • < 1 one the close Acceptance Corp. General Refractories privilege basis General Jan. 1 to interest the N. the Jan. 13 the —V. stock stock. covering The right to buy 176, p. 329. warrants one share authorize warrants would of to give common an be additional attached holders at $22.50 of to the until 120,000 shares the new new pre¬ preferred Sept. 30, 1957. (426) 14 & taxes 759,522 762,171 income Non-operating income,. $141,842 732 $68,610 4,054 $758,532 7,672 $443,120 24,342 $142,574 $72,664 $766,204 $467,462 128,947 70,058 129,076 70.058 774,273 420,350 775,582 420,350 $56,431 $126,470 $428,419 $728,470 revenue oper. Oper. expenses Operating Net Net ry. — charges ♦Income ____ Int. adjust, inc. bds, on Deficit —_ ♦Exclusive interest of bonds.—V. 176, income adjustment on Gross 1,039,015 Net from 616,166 income— oper. 553,882 620,568 489,787 Net ry. ry. —V. 155,895 535,557 income— 35,279,796 6,395,687 Net from 3,179,590 3,010,989 Net ry. Gross 176, P. 55. stockholders this of name June on General to company approved 24 Inc., Beverages, to last the Rights C. — the report company has filed a letter of notification offering of 200,000 company 40 cents directors have decided Regulation A of the SEC to make a public shares of stock at 50 cents per share to net the under share, per the that first offered be The commissions. deducting after stock shareholders present to the at net cents per share for a total of $80,000. No paid on these sales. In case this offering is over¬ subscribed, stock will be allotted to shareholders on a pro rata basis based on their present holdings. figure of will be offering 40 liabilities."—V. commission The This V. offer prior 175, 2695. p. letter notification of shares V. 176, of corporation on July 28 filed a registration statement with the 125,000 shares of common stock (par 1 cent) to be of¬ the net asset value per share,' plus sales charge, through Net railway from ry. income oper. Net from Net capital ry. —V. from Net income... Jan. 5,584,528 1,165,657 5,831,275 1,269,362 485,337 488,148 605,534 1950 , The SEC Net from Net ry. railway railway income. oper. 176, railway - income oper. shares stockholders present by Louisville Northern RR.—Earnings— from from Net ry. Nashville & Jan. Net from Net ry. —V. 15,839,185 3,126,817 1,510,089 income oper. 15,781,843 2,927,100 1,369,879 54. p. Net from Income ry. opers. fixed for avail, from Net ry, —V. $6,944,168 1,272,533 Securities This $6,931,651 ordinated notes, The notes working 11,682 in 1149. p. ■ of Kansas, Mo. Ohio, ; Net ry. from Net ry. —V. railway. railway 3,339,552 1,796,146 731,465 176, 589,203 income— oper. The company The Gross Co., & 176, p. ? 1952—4 Wks.—1951 $79,585,892 1952—28 Wks.—1951 $73,375,879 $561,977,761 $535,070,779 Electronics, Boston, Inc., - common stock 4% and convertible notes for Mass.—Se¬ by dated June 27, 1952 was not a public offering. corporation was incorporated in May of 1946, It presently employs about 500 persons. Its main business is the development, design, and production of radar and associated electronic equipment notification The the for the to Armed trade a Services, line of although commercial it is electronic completion of the new financing company will be as shown below: Upon notes convertible at $8 4% Capital stock—common $1 Capital surplus Earned surplus the At amounted with close to process of capital share due July, structure 1 1959 the last $2,384,438. fiscal Gross year income ; _ the 88,240 ' ; „ of $331,800 _ . of introducing instruments. the par (approximately) net profit a per the in 52I96O 85|0OO 30, 1952), total assets this period was $3,109,188 after taxes of $48,864.—V. 176, p. 145. called Provinces the organized was Offered—A group of certain Costa Rica. Corporation Corp. and acquired mining Metals S. claims, & July on Quimicos, June— 1952 from Net from Net ry. railway Puntarenas right the to "Expedientes" or. Chemicals Corp. Gross Net from Net ry. —V. income... railway railway oper. 176, income... 145. p. not presently engaged EFFECT TO GIVING in stock (par 10c per UNDERWRITERS—The the 1951 1950 the $262,803 $248,201 in share)Z__ PRESENT Outstanding I>947,500 shs. pursuant to subscriptions v 1 set forth opposite its name. the will Co Carlson 125,000 20,000 10,000 & Co 15,000 Hancock, Blackstock & Co. Net from ry. Net 55,375 to residents of Illinois 48,000 650,227 389,918 327,065 213,009 228,532 109,364 68,394 1,450,003 stock The net Net ry. railway income—" railway railway oper. the for report 26 1952, 28, earnings of $4.27.^ - share per before the for taxes first half of $7,128,348 totalled 1952 period was based, on a rate of 52%,-where as the period of 1951 was based on ft rate of 58%. provision same sales for the second quarter of 1952 were over $4,000,000 greater than sales for the same period of 1951, totalling some $30,940,000 as compared with $26,790,000 for last year's second quarter. - Income before taxes for the second quarter came to $2,466,000, compared with $2,235,000 for the 1951 period. Provision for Federal and state taxes totalled $1,574,000 for 1952 as against $1,052,000 last year, leaving net earnings of $891,000, and $1,184,000 respectively for the 1952 and 1951 periods. Per share earnings amounted to $1.01 for the second quarter of 1952. This compares with $1.35 per share earnings for the same quarter of , of the months six report disclosed that 1951.- Signal Corps— contract for communications equipment has been awarded to this corporation by the U. S. Signal Corps Supply Agency, a Robert W. Galvin, Executive Vice-President, announced that the contract calls for both mobile and fixed installation 2-way com¬ A $28,000,000 parts and literature. Mr. Galvin developed in Motorola's Phoenix, equipment, plus spare the equipment was munications that the J. research laboratory in cooperation with Engineering Laboratories at Fort Monmouth, N. Ariz., Work to is in begin tinued of defense and industrial work. for one of capacity Motorola's that defense.—V. national with contract, the All electronics production the 176, p. Motorola 330. Signal delivery 1953. Production schedules Motorola through June, 1954. by noted consumer the scheduled is on January, delivery Galvin Mr. line underway now will Corps scheduled require con¬ produce its regular products is unaffected called plants to for by the contract exclusively assigned to Neal Mullins Manufacturing Corp.—Earnings— Offered $26,798,633 of sales and $33,600,112 23,655,095 27,358,715 $3,143,538 sales Cost publicly offered solely additional shares of com¬ Operating Other 1951 1952 Six Months Ended June 30— $6,241,397 , expenses— —Central Republic Co. on July 29 12,340 1,403,903 President, .. half-year released? Motorola's also breakdown Net 75,169 1,656,839 Galvin, V. 5,000 24,965 1952 from from Paul capital. figures compared with net income of $3,756,863' for the period last year, when total net sales amounted to $73,449,844, 1952 A 20.000 Robinson & B. Wyatt, 91.748 income 256,049 181,19® $3,399,587 $6,422,593 income (par $10) at $13.75 per share. proceeds struction.—V. 172, are p. to be 1438. used to repay loans and for new con¬ Total 322,347 Federal for taxes on income (esti.) — 269,233 1,639,900 Other* charges , ♦3,799,800 1951 1950 1949 $822,960 $740,500 327,516 348,215 360,516 $668,645 227,380 182,383 191,786 228,862 136,931 1 Income— ' 4,111,912 4,195,923 -3,697,623 3,545,712 1,509,363 1,496,791 1,351,573 955,483 908,811 —V. 176, p. 55. 853,182 895,446 of Fed. taxes on income of prior years Cr286,268 Midland Valley RR.—Earnings— 1952 597,187 Gross from Net from Net ry, From Gross income Jan. $160,542 $167,315 $156,478 ♦2,014 32,909 ♦33,766 4,114 26,195 8,503 1— from Net from Net ry. 1,000,933 176, p. 55. 56,950 per •Includes excess < '* $1,723,608 income $1.33 share $714,800 Federal excess profits tax. Federal $2,353,56® t$i.8i income an® adjusted of 1951. of shares outstanding after payment of 5%. profits taxes for the six months ended June 30, 1951 the change in rates enacted by the Revenue Act reflect 984,438 917,390 tComputed 240,971 -250,419 ♦28,997 income 1,040,039 118,019 railway— ♦Deficit.—V. Earned to railway oper. Net 1949 11,699 railway oper. 1950 31,705 railway 1951 $181,020 June— $773,732 From Jan. 1— Gross working further additions to Motorola's plant and equip¬ necessary.. June ended Provision railway oper. \ 5,000 Co.— & Waggoner Wm, 20,187 1,618,001 532,333 of business . June— Net be Galvin Refund, from company's the to the for by Shares Middle States Telephone Co. of Illinois—Stock mon close indicated that disclosed entered 24,681 Lehigh & New England RR.-^-Earnings— Gross the co-subscription agent. Contract With FINANCING 2,000,000 shs. has company Binford, Dunlap & Reed__ Blair, Rollins & Co., Inc 175, p. 2594. $240,085 record at stock held of common compared with $9,017,937 ' for the first six months of 1951, while the provision for Federal and state taxes on income amounted to $3,998,644 compared with. <$5,261,074 last year. MrY Galvin noted in this latter connection that provision for Federal taxes on. income for Costa chemical business, the Shares 1949 $243,420 of & additional of These Re¬ into an agreement with Beer & Co. as representative for itself and the securities dealers named below whereby the company employs the underwriters as its exclusive selling agents to sell an aggregate of 200,000 shares of its common stock. There is no firm commitment by the underwriters to purchase any shares of stock. Each of the underwriters agrees to use its best efforts to dispose of the number of shares of common & shares 175,921 basis 30. proceeds of the estimated $5,000,000 to $5,500,000 Motorola receive from the sale of the additional common stock will b« providing exploit these as they are organized Authorized ^ 1— from is addition, 10,000 shares will le^sued at $2.60 per share paid for in October, 1951. Beer July stating that no specific use of the proceeds has been determined present plans to engage in such business. no •In stock offering is distributed net same 24, 1951, under the name of Metales y (Metals and Chemical Products, S. A.), A. 63,460 railway oper. From Jan. corporation Common also revealing net income amounting to $3,129,704 from total net sales of $69,793,051. ✓ Earnings per share amounted to $3.56 on 879,605 shares outstanding. years. it has of this corporation were increased action of the shareholders at a special shares common 1952. The subscription offer will expire at 3 p.m. (EDT) 1952. The Chemical Bank & Trust Co., New York, has appointed weeks subsequently transferred its rights in the Expedientes to the subsidiary in exchange for 100% of the subsidiary's capital stock. The charter of the subsidiary provides for a corporate existence of 10 years, which is renewable every 10 years for a total period of and 25, Mr. on Guanacaste of Chemicals and under in Rican 11, Aug. Profit in deposits Aug. added are to be used to pay off indebted¬ financing during the preparation of the remainder will be used for exploration pur¬ The —V. Lehigh & Hudson River Ry.—Earnings— Gross 397,202 389,78® upon, ment net proceeds (April for 264,295 distribution share outstanding will capital.—V. working additional for letter of a 1,219,480 233,869 29. corporation The interim CAPITALIZATION covered 1,546,682 42,206 179,146 55 176, p. July on for been , curities Issued—Nature of Business, Etc.— The 1,309,233 12,446 244,480 income on Y The for 1,180,832 railway on July 12, 1951 in Delaware. The purpose for its organization was to provide a corporate entity to own 100%. of the capital stock .of a Costa Rican. corporation later formed for the purpose of acquisition, exploration and (if warranted by exploration) the development of manganese and lead deposits 50 Laboratory 66,295 while program, Metals 1952—6 Mos.—1951 2695. p. 75,877 railway of t and 175, 34,467 common stock to its shareholders at the rate of one share for each ten shares letter of notification with the SEC a used be BUSINESS—Corporation Kroger Co.—Current Sales Increase— —V. 61,87® 40,551 879,605 shares outstanding were later reclassified on the shares for each share held of record July 30, by means two The Md.—Files With Baltimore, Inc., July 21 filed will incurred Productos Sales $238,118 93,552 1,000,000 to 3,000,000 by The of 2179. poses. 39. Period End. July 12— 1949 $323,072 13,664 income— oper. meeting Exchange Commission— on proceeds p. financing $3,712,000 $18,688,000 $17,958,000 $3,696,000 LJ-L —V. 1950 $267,039 •7,015 authorized from . , Metals & Chemicals Corp.—Stock (G. R.) Kinney Co.—June Sales Off— Sales 1951 $151,562 Motorola, Inc.—Proposed Stock Offering— public of Costa Rica. 1952—Month—1951 Exploration Co., Reno, Nev.—Files— 1— from from ry. The - Period End. June 30— 2,821,551 on railway Jan. Net underwriters headed by Beer & $428,470 168,566 67,971 2,824,177 1,279,541 539,043 8,440,874 RR.—Earnings— oper. Net retirement announced. 500 shares of 5% cumulative preferred stock (par $100), 1,000 shares of voting common stock (no par) and 7,161 shares of non-voting common stock (no par), to be offered at par for the pre¬ ferred and at $25 per share for the common, without underwriting. located 54. p. ry. From the outstanding common raised covering 68,068 v"1- f:..YY 2,463,957 -1,088,382 444,606 4,674,414 1952 Net Nevada—Files of the additional common stock financing plan. have 145. p. PROCEEDS—The 167,186 1— from Gross 69,751 3,542,232 Y, 1,643,128 Jan. Net 176, ness $407,454 $493,075 181,046 61,132 income— 35,621,983 8,888,834 3,431,158 38,820,079 9,449,853 3,329,740 11,507,366 railway from from a company's 727,200 shares subscribed Securities and 1949 1950 $548,202 196,088 railway railway oper. Prom 1951 452,098 37,015,350 June— Co. on July 29 publicly and operates through 28 branch Oklahoma" and Texas.—V. 171, '' offered 200,000 shares of common stock (par 10 cents) at $3 per share "as a speculation." -1952 : . from Net filed 24 the under McCormick Kansas, Oklahoma & Gulf Ry.—Earnings— from company share due in 1962, it was announced on July 26. Missouri, June— Gross July 1,861,000 shares. M'ost of the proceeds will go for about 71% of the $6,000,000 of debentures, it was —V. Co.—Arranges $3,000,000 Loan— Kansas City, 744,582 1,337,037 176, 55. Gross 1917, in $5,900,043 333,460 income— Montour 14,797,691 7,638,482 to 175, headquarters offices them The stock the corporation's principal business is the dis¬ counting of instalment notes in connection with the sale of automo¬ biles and advances to dealers to buy automobiles. The company has its 9,643,811 stockholders subscribed for 96% The offered now in 1949 1950 * (Glenn L.) Martin Co.—Stock Subscription— 37,233 capital. Organized 22,650,179 12,960,443 inccme 55. on 1951 93,733,848 26,418,136 railway—.>— company RR.- -Earnings— 41,386,089 railway oper. ♦Deficit.—V. will be used to refund subordinated notes and prepay held by Mutual of New York, and for additional proceeds senior 92,905,160 17,493,361 9,320,297 815,531 July 24 filed a letter of notification with the SEO covering 2,000,000 shares of common stock to be offered at par (five cents per share), without underwriting. The proceeds will be used for mine development and exploration. 999,447 to place with The Mutual Insurance Co. of New York $3,000,000 of 4.55% sub¬ Life 113,436,178 110,028,869 railway 478,02® 789,669 Modoc Mines & letter of notification with the SEC covering 10,000 shares of common stock now held in the treasury, to be offered at par ($10 per share), without underwriting. The pro¬ ceeds will be used to produce a movie "The Rodeo Story." has arranged company ry. The 1,022,681 Major Studio Pictures Corp., Las Vegas, . Interstate 1,776,219 1,744,760 income— oper. 176, p. The 757,656 631,765 604,708 477,081 NOTE—Railway operating revenues for the period from Jan. 1 to June 30, 1952, include $19,700 representing additional revenue re¬ sulting from an agreement between the company and Cia. Agricola de Guatemala to increase the amount of payments by Cia. Agricola under contracts for banana traffic originating on the West Coast of Guatamala. The increase is effective as at July 1, 1951.—V. 176, P. 145. '... -v'.*:'.;. income 1,248,880 889.940 397,646 407,123 $6,484,591 1,862,537 railway. from Net Net » 56,861 31,394 charges Net railway oper. from Gross 1952—6 Mos.—1951 $1,032,974 48,855 $1,009,607 101,077 revenues oper. rev. 309,200 America—Earnings— 1952—Month—1951 Period End. June 30— Railway ry. ' International Rys. of Central Net 1949 1950 1951 1,088,986 $5,875,527 1,040,646 income oper. from Gross $17,579,557 $17,928,967 $16,095,574 $14,941,791 2,013,107 3,260,916 3,031,023 3,266,974 railway 72,10® 2,136,77® From Jan. 1— From Jan. 1— Net railway railway 176, 262,387 18,750,902 3,087,817 1,342,600 from Net 610,053 1— from ry. railway RR.—Earnings— 1952 from Net $2,703,482 $3,136,097 569,373 18,948,838 3,028,297 1,420,438 income... oper. Prom Gross $2,553,647 346,715 140,677 $2,917,097 293,942 135,939 railway railway 1949 1950 1951 1952 June— Gross Net Net —Vi Gross 71,203 2,208,460 1952 from the on 63,334 2,610,966 $6,860,383 1,907,221 railway from Net filed a letter of notification with the of capital stock (par $1) to be offered 24 July on 10,000 subscription June— International Great Charles, La.—Files— 117,21® 176, p. 55. Gross basis of one new share for each five shares held at $12.50 per share, without under¬ writing. The proceeds will be used to finance an additional outlet at Beaumont, Texas, and for working capital. 145. p. company covering for 1— from —V. 128,603 5,946,320 1,235,271 382,914 railway oper. ry. Prom Gross $1,036,323 294,144 1949 $987,282 207,277 97,208 5,933,357 1,025,712 railway from Gross Net 1951 ' $1,112,825 273,724 112,766 195? $1,039,184 163,916 68,643 June— $347,13® 154,936 , 2,560,562 894,122 435,930 Missouri-Kansas-Texas 322. p. Louisiana Supply Co., Lake 1950 $389,149 175,784 - 1— railway—__ from Gross 1949 1951 $449,385 1952 $414,652 123,793 67,864 railway from June— RR.—Earnings— Illinois Terminal 173, p. 1794. Inc., Minneapolis, Minn.—V. June— Gross 25 covering SEC on July Minneapolis, Minn.—Registers Commission— Inc., Fund, 633,142 Missouri Illinois RR.—Earnings— Lock Haven, Pa.—Files with the filed 11,123 at Net was ■ 789,640 Minneapolis Associates, stock (par $50) to be offered through Josepthal & Co., act'ng as agent, at market (approximately $140 per share). The proceeds will go to Clyde J. Walsh, the selling stockholder.— expanded operation. expired July 30, 1952.— shareholders present to A 75 2,210,769 10,312,042 1,943,085 543,652 covering fered 167, p. 1257. Lock Haven Development Co., 9,037,814 1,241,527 410,809 income. 55. p. From Jan. be used to supplement the com¬ and to maintain the com¬ will this offering of proceeds pany's cash on hand, to supply equipment pany in a strong financial position for its SEC part: "Minimum royalty contracts, amounting to over $25,000,000 have recently been completed with companies located in Canada, New York, Chicago and Los Angeles. We have paid off the R.F.C. loan in full, three years before maturity, from the deposits on these contracts. The balance of the royalties is payable quarterly over a 20-year period on an ascending scale. "The company is now in a sound financial condition, with a definite income, and a current cash position of seven to one over current Harkins, President, on July 26 said in Jack President, on July 14 said in part: Paul Grosenick, Since — 176, The 1952. Walker, Ida. Mines, Inc., Custer Idaho 8,793,325 1,537,295 19,080 \ 175,050 10,584,273 With Securities and Exchange change the effective Aug. 1, proposal a 115,273 railway oper. Minnesota Tenn.—Changes Name— Lime Cola Co., Chattanooga, The $1,461,210 399,692 176,550 income. railway- from —V. $1,635,841 131,593 1— Jan. 33,230,678 7,110,462 38,205,351 7,434,028 3,433,599 724,371 - railway oper. 1949 1950 1951 $1,615,409 400,966 railway oper. From railway—. from from Net 54. p. 1,438,763 From Jan. 1— Net income Gross $6,601,369 1,229,151 Gross $1,849,698 railway-. from 991,064 railway from 1952 June— $5,819,964 $6,029,223 $5 ,635,201 railway— from Gross $5,152,006 4,708,886 $5,461,156 4,702,624 Gross Ry.—Earnings— Minneapolis & St. Louis 1949 1950 1951 1952 June— 1952—6 Mos.—1951 1952—Month—1951 $901,364 $830,781 Earnings— Lehigh Valley RR. RR.—Earnings- Hudson & Manhattan Period End. June 30— 186,146 stock dividend 63,148 the basis 45,948 on in January, 1952.—V. 176, p. 146. (Continued on page 52) .ixl' Volume 176 Number 5139 . . The Commercial and Financial Chronicle . (427) >= ======— Stock Record New «» York Stock DAILY RADGE OF PRICES FOR EVERY USTED ISSUE STOCKS Tear 1961 41% Mar 15 113% Dec 4 Range Since Jan. 1 Lowest Highest 62 2 Aug 114% Dec 14 24 V. Mar 15 8 Sep 27 % Jan 2 33% Jan 30 25% Jan 2 34 36% July 12 49 Apr 47% Jan 11% May 18 24% Nov 101% Nov 2 53 19 2% May 10 19% Jun 25 70 Dec 3 3% Oct 178 28 Dec 11 58 Jan 10 20 77% Sep 14 2 23% Feb 8 4 8 91% July 3 40 13 Feb 37 5 Oct 17 48% Jan 26 *101 Feb 9 Jun 25 54% Oct 13 89% Jun 29 107% Oct 15 34 % Jun 28 67% July 84 2 40% Apr 27 88% Aug 31 „ Mar 13° 36 Oct 113 Feb 13 17 150 Jun 17 139 Jan 61 2% Jan Jan 23 19 Feb 5 73 36% May 101 Jan 110 2 Apr 17 July 17 36% Feb Jan 2 86 73% May 98 Apr 8 Mar 27 July 10% Jan 44% Feb 114 6 10 8 16 Jan 14% Apr 30 5% Jun 29 7% Mar 2 73 % July 27% July 39% July 18% Dec 39% Jan 29 18 85% May 17 33% Oct 19 2 2 2 *45 5 Feb 21 21 % July 10 22% Feb 9 28% Feb 24 89 Jun 99 26 4 NOV 19 3 Amalgamated Leather 111 294 4 Jan 10 6 Aug 180 Aug 2 58% Jan 15 42% Jun 29 Apr 9 90 . Jan 2 55% July 28 61% Feb 19 Feb 28 15 27 52 % July 30 July 29 41% Mar 13 1 1 107 convertible 21% Jan 16 % Nov Amerada 3%% 32% Dec 3 22% Feb Nov Petroleum 29% Jan 31 Jun 27 23 17 Jun American *77 Dec 10% Jan 17 24 6% 2nd 2 4% 7% 3 May 3 Jun 20 123% Jun 6 37 40 59~ Jan Oct 2 15 38% Apr 27 73% May 28 138 15% Nov 30 150 5 9 42% Feb 14 139% Jan 30% July 2 32% Jan 10 2 59% Jan 127% Dec 28 Feb Jan Mar 23% Feb 6 9 163% Sep 10 25 Jun 68% Jan 31 29 154 Jan 16 57% Apr 4 115% Nov 26 78 Sep 14 8 Apr 30 30% Jun 25 *93% Dec 120% Apr 16 10% Feb 6 467/a Jan 107 27 70 July 17 14% Mar 28 3 Mar 16 94% Jan 2 29% Oct 18 77% Apr 37% July 2 119 Oct 18 2 52 Oct 15 36% July 3 47% Oct 8 3 99% Dec 26 47 10 Sep 31% Apr 3 13% Apr 4 5% Oct 22 46% Apr 25 34% Aug 20 110 Jan 13 ; 64 * 49% Oct 16 Sep 28 27% Nov 13 8% Jan 22 60 For footnotes Aug 15 see page 26. 100 94% 8% 8% *83/b 83% 8% 600 77 77% 76'A 77% 77 77'/2 8,700 *18% 18% 183/4 35% 183/4 183/4 300 35% 183% *35% 35% 39 35% 39% 35% 351/2 35% 38% 1,600 39'% 39 92 39% 38 3/a 92 39% 5,600 92 8% 104 51% 104 106 J/4 103% 43% 84% 43% C5 85 108% 108% 35% 52% 104 39% 92 *91% 92 *91% 92 52% 52% 525/8 523/8 525/a 11,500 104% 105'A 105'A 1043/4 105% 1,700 43% 86% 86% 109% 43% 88 109% 43% 43% 88% 89% 109% 1093/4 23/4 43% 44'A 9,100 108 3/a 19,600 2% 200 2% 35 *32% 35 *32% 35 *16% *323/4 35 *32 3/4 35 17 *16% 17 *16% 17 17 ♦206% ♦16% 209 *165/8 17 204% 206 13% 205 68% 2% 208 68% 13% 78 17% *2% *68% 13% 78 17 3/4 55'A 13% 78 17% 2 *2% 69 *77 10 17 3/4 56 *56 57 13% 2% 69% *25/8 205 207 ♦68% 25/a 205 69% __ 205 68% 1,500 681/2" 300 17 3/4 *56 13% 135/8 13% 13% 13% 77% *77 773A 773A 773A 77 3/4 400 173/4 17 3/a 17% 173/4 17% 1,600 57 57 57 57 16,000 57 100 14 5/8 14% 14 3/4 15 14% 15 14% 51 No par 14% 52 14% 14% 513/a 52 511/4 52% 50 51% 50% 50s/8 4,600 40'/a 2,700 40 100 Co Inc 2% 69 5%%__50 com 2,700 88 88 1083/4 *33'% 100 preferred 100 52% 104% 43% 110 35% 39% *91% *83/8 1 common ser 52% 8% 40% ♦104% 40% *9 10 1 5 5 405/8 40'A 1043/4 . 1043/4 1 1043/4 *104% 10% lO'/s 10 *4% 5 *4% 40% 105 10% 1 40 40% 104% 104% 10 y8 5 10'A 5 40 •104% 105 10'A 5 300 10% 3,500 5 5 86,300 2,300 12.50 333/4 343/s 34 >/a 25 341/8 445/b 34'A 341% 44% 445/8 445/a 44% 44% 44% 401/4 44% 40 5/8 34% 44% 34% 441/4 No par 1,100 405/8 40 3/4 40'/a 405/s 40 3/a 100 Fdry com 403/4 83 403/4 40% 83 83 4,200 83% 83 '/a 833/4 83 83'/a *29 *83% ■83% 34% 34i/2 14,100 10 163/8 16% *23'A 23% *231/4 23% *23% 23% *23'A 23% 23 16% 23% *93 93% 93 *93 93% *93 93% 93% 94% 90 53% 52% 53% 22,000 preferred 20% Feb 13 89 15 96% Jan 1 270% May 23 59% Jun 289% Jan 17 3%% conv 143 170% Jan 22 3%% conv Apr May 9 86% May 1 6 15 9 64% Jan 22 American Colortype Co American Crystal Sugar 4%% prior preferred American com 100 Cyanamid Co new com_10 53% 6 54% 271 *250 275 preferred series B_100 *150 154 *148 153 American Distilling Co 20 383% 383/4 May 35% May 6% Apr 73 No pa; Foreign Power American Gas American Hawaiian Feb 11 5% Jan 10 6 45 Jan 14 39% July 23 1 9 7% July 31 78 Jan 3 23% Jun 30 23 30 Jun 17% Feb 19 Jun 24 16% Apr 78% Feb 24 21 Vi Aug 11 84 21% July 31 Mar 29 1 & American Hide 6% & American Ice Co 6% 8 May 15 12 American International Corp.No par American Investment Co of 111 1 American Locomotive 7% 4%% Co Metals American News Co 12 American & 1 11 7% Jan 17 July 30 24% Jun 12 37 4 29 Jun 13 39% Feb May 26 123% Aug Feb 9 Jun 20 32% Apr 16 36% Jan 29 34 40 131 1 & Std Snuff Co 12 129% Jan 58 86 3 Jan 30 138% Mar 28 *32% 343/4 *331% 343% *33 % 39% 39% 393% 393/8 393/4 7% 7% 75% 753% 22% 22% 22% 22 %' 7% 76 7% 7% 7% 393/8 7% 391% 73/8 76 76 *223/8 23% *22% 23% 223/g 22% ♦22 3/b 23% 200 22% 22% 22% 22% 22% 22% 22% 22% 900 700 54,300 *81 82% 81 81 15% 15% *15 29% 29% 30 102% 102% 14 *7% 31% * 102 'A 14 14% *73/4 8 21% *80% 82 *80% 82 100 15% 15% 15% 15 15% 15 151/8 1,400 30 293/4 293/4 293/4 30 295/a 30 2,500 104 *102% 104 *102% 104 •102'A 104 70 14 13% *13% 14 1,200 *75% 8 100 14 8 32% 14 73/4 73/4 *7% 13% 8 32% 323/4 33 9,400 313/4 32% 313/s 31% 311/2 313/4 31% 313A 2,500 32 32 313/4 31% ♦313/8 31% 31% 315/a 28% 28% 28% 28 3/8 28% 28% 281/a 27"% 28 2% 23/a 2% 2% 2% 2% 2% *23 46 43 3% 1593/4 32 32 16% 153/4 175 175 15% 175 15% *175 153/4 178 323/8 28 23/8 15% ♦175 323/8 15% 178 63/a 233% 223/4 23'/a 22% 22% 221% 23 *22% 45 443/4 443/4 ♦44% 45 45 45'A 45% 453/8 44 46 44 44% *161% 162 37% *124 44% *44 44% 44% 162% 160% 161% 373/4 *37% 124% 124% 124% 38 1601/2 373/s 124 160 % 373/4 124 34% 34% 2,700 American Stores Co No par ♦38% 383% 38% 383/4 38% 39 39% 40 40 40 2,700 American Sugar Refining com 7% preferred 100 100 *57 131 133% ' 13% 153% 2 3*2 57% 132% 25 57% 57% 57% 2 i\ 57% 132'% 132% 133 % 1333/4 25 67% 683% 67% 68% 100 *1173% 118% A 58 132 13 *13% 1533% 2 58 131 1533/4 133% 153 5/s 57'/a 132 100 common preferred American Viscose Corp com 5% preferred 7% 57% 131% 5 2 3*2 American Tobacco 6% 57% 131 100 Tobacco Rights 118 118 13% 153% 2 A 68 117% 58 1313/4 13 58% 132 13 154% 154% 154 3/a 2% r2% 18 4 60 July 7 ♦58 131% 12% 57% 134 68% 118 350 4,100 13 23?, 154% 400 58% 132 51,100 1543/a 141,600 9,300 57% 57% 58 3/8 575/s 1333/4 134% 68% ♦1333/4 134% 570 683/4 5,400 117% '117% 118% 140 68 117% 68 8 7% 8% 6,900 No par 28% 29 28% 29 28% 30% 30% 30 3/a 29% 303/e 6,800 100 common *89'% 89% 89% 89% 893/4 90 90 90 89% 893/4 No par ♦72% 73% 723% 72% 723/4 72% 73% 75 74 74% 510 21% 20 % 20 3/4 20% 21% 213/4 213/4 22 3/a 9,700 preferred $4 conv prior preference Amer Zinc Lead & Smelt Cable 7% 8 8 8 8 81/4 Common $4 preferred 1 ♦94 95 94% 94% 97'A 490 46 46% 45 3A 46% 45% 46% 46% 46% 46% 463A 15,700 43% 43% 43% 433% 44 44 44 443/a 44% 443/8 490 —,—6.25 Anderson-Prlchard Oil Corp Andes Copper Mining A P W Products Co Inc Archer-Daniels-Midland 140 21 No par Anderson Clayton & Co 8% 50 $5 prior conv preferred & 5 25 com 31% Jam 50% Apr 140 345/B May 12 3 600 37 3/4 34% Wire 24 160 124 34% Anaconda 6% Jan 360 34% 30 24% Jan 60 12,400 45% 343/4 46% Jan 5 373/4 1,000 343/4 2 18 160 123% 1,900 6% 35% 40% May Apr 6% 34% Copper Mining 4% May 10 23 63/a No par Anaconda 16 47,100 63/a American Steel Foundries 30 60% Jan 28 15'A 178 6% 37% 24 1 6,600 6% 124% Jan 38% May 15 ♦175 700 18,500 2% 6 3/b 37% 55% Jan 10 32 3/a 6% 124% 1 53% Jan 110 82 33 No par Co__No par No par May - ♦80% 12,700 213/4 32 32%. ♦31% 22 17 180 77 97% 95% Jan 41% Apr 77 21 % American Water Works Co Inc 2 106% May 21 1,700 76% 215/8 American Woolen 15 3,200 7% *76 203% 1 Jan 39% *7% 76 97% 7 24 39 1,000 21% 9% Feb 102 300 343/4 203/4 37 V4 Jan 13 343% 97% 13 26% Feb *33% 97% 7% Jun 109 34% 21 i/s 25% Apr 18 86% May 9 30 *32"% 20 24 42 HOLIDAY 7,500 50 97% 119% Jan X90% Jun SATURDAY 10,600 58% 20% 3 7 *49% 19% 116% Jan Feb 58% 49% 21 21 82 58% 49% 97% 69% Jan 70% Apr 16 18% May 17 58'/a 49 % 193/s 1 May 58% 49% 96% American Tel & Tel Co 15 211 Jun 583/4 50 39% CLOSED 25 American Sumatra 16% Jan 9 9 58% 1,700 1.600 17% 4% preferred—100 6 157% Feb 17% 21% common noncumulative 60% Mar 11 9 Shares 63A 19'/a 10 Amer Smelt & Refg com 7% preferred 135% July 10 54% May 19 87/a the Week 33 4% 6% 9 12% Apr 26 9 17% 6% *321/4 4% 15% Mar 14 150% Jun 17% 6% 33 4% ♦173'% 55% Jun 1 11 9 17% 6% *321/4 43/a 5 9 127 17% 63/4 33 Friday Aug. 1 4% 100 Apr July 31 6% ♦32% Thursday July 31 43% Sany com—No par Seating Co American Ship Building 6% July £0 21 preferred American Wednesday 1,100 Sales for 96% American Jan 9 39 PRICES 19% American Safety Razor 53 152 ♦38% 43/a No par Light 23 47 *145 38% 213/a xDistribution Feb 162 152 38% 2'% Power Aug 19 •145 38 3/a 4% 21% No par Co 6% Jun Feb 152 3 8 3/a 4% *96% No par Optical 15 42% Apr 24 38% May 19 *49% 2 American Natural Gas Co 17 165 148 58% 50 1 17 7% 275 *146 200 98 preferred Amer Rad ♦250 800 19 American Metal Products Co Jan 1 9 9 59 1 American Molasses Co 36 V* Jun July 29 17% No par No par com 36 16% Apr *17 100 Ltd 4 17i 275 900 100 Jan American •250 500 2,400 No par preferred Metal 17% 50 100 common preferred Amer Mach & Fdry com 3.90% EXCHANGR 6% 33 58% STOCK 1 No par preferred—100 34% Jan 1 1 50 common Amer Machine & 14% Jan 10 *63% *32'% 53% ♦250 July 29 6% 54 ♦161/4 275 HIGH SALE 33 9 10 preferred noncumulative Amer 106 3 Co Co American Home Products 30% July 23 Apr SS Leather com convertible 24 16% May 14 13% Apr 24 *22% May 16 Electric 17% 533/8 383/4 Tuesday July 28 6% Amer 56 Monday *32% No par 40c 63% May 26 24 Saturday July 26 1 American European Secur American Export Lines Inc 96 80% May Par 12% Mar 68 May 1 45% Jan 10 Jun STOCK American Encaustic Tiling & 38 3/a LOW AND 32% July 25 18% Jan 22 7 54% *248 EXCHANGE 1 54 preferred series A_100 NEW YORK 7Vb July 93 * 95 *94 21% ♦94 95 Anchor Hocking Glass Corp— *25% Apr *93 16% 2-fa Jun 128% Dec 29 3,700 16% 22 % 56 39% 105 16% 2% July 29 103% Sep 25 94% 81 39% 16% 2% July 28 167 ♦93 *78% *104% 16% Mar 28% July 17 5 39% 105 16% 7% 26 23% Oct 19 July 16 81 39% 110 100 45 31% July 30 Dec 94% *78 % ♦104% *97 29»/2 31% July 11 21% Jan 8 Mar 28 *93 100 31,900 44% 3 70% 94'% 81 39% 105 ♦97 500 3% 29% 8 42 *93 73 33/a 44 35% Oct *143 94% 39% *104% 100 29'% 36% Feb 26 *78% 39% 104% 22 s/8 72% 3% 44 3 10% Jan 19 81 39'/a 104% 105 22 3/a 74% 29% 31% July 19 17% Nov 15 *78% 39% *97 223/4 33/a 45 2 Feb 81 100 223A *73 3% 29% 8 3 *97 74% 3% 1,800 29% 4 29 177 100 22% *73 3% 500 3 44% 26 Jan 3% 2% 45 26 2 74% 22% 22% *73 3% 2% 291/4 Jan 20 *22 74'% 2% 29 Jan 11 22% 2% 45 7% Feb Nov 155 2% 455/8 13 Dec *151 *151 2"% 29% 97 7 155 155 2% 45'A 8 12% Jan *151 '151 2% 10 3 163 155 155 150 No par Jan~31 3 110 American Chicle Co Jan 16% Jan *109 10,000 18% preferred American Car & 6 19% Mar 27% Jan Corp 1952 convertible 25 20% Feb Aug 106% 26 110 2,900 26% 77% common Amer Brake Shoe Co 19% Feb 11 7% Dec *109 *93 50 Bosch preferred 50% Jun 19% Jan 17% Oct 94% Dec 31 12"% Dec 22 108% 8% 50 28% 8% preferred American 2 14 90 25 108% 8'/a 50 263/4 42% Jan Feb 20% Oct 27 108% 8% 50 3/4 26% 76% preferred Bank Note 14% May 21 Sep 20 105 108% 8% *50 No par 7 24% Feb 21 29 95% Aug 28 2 14% Jan 108% 8% American Chain & Cable 16% Mar 8% Jan 24 20 Jan 26% 8 4 2 16 50% 25 % 32% Feb 33 17% May 24 50 26% 27% May 19 2 Dec 51 25% 100 26 16 Jan Jan *50% 26% 26 83% Jun 3 3 86 50% 25% 108% 26% 23 29% Jan 9 39 19 4,200 8% *18% American Cable & Radio Corp American Can Co common 12 61% Jan 10 23 6% Dec 75 26% 25% 8% 39 % No par 7 427/8 Jun 20 11 Jan 9 26% 26% 8 »/b 43% Corp Jan 45% Jun July 10 9 60% Aug 2 1,100 26% 26% 8% 1 American Broadcasting 35% July Jan 60 2 Nov 27 8% 50 4 6 8% May 12 5 26 % 60% 18% preferred cum conv Range Since Jan. 1 Highest 4 44 38 60% *78% Amer Agricultural Chemical—No par American Airlines common 1 Lowest 9 51% May 15 41% May 19 38 61 STOCKS Feb 8 * 38% *60 % 77 com 22 4% May 19 28% May 16 Highest 2 Co Apr 12% Jan 8% May 29 Year 1951 Lowest *37% 61 8% Amalgamated Sugar Co (The) Range for Previous 5% Jan 38% No par No par Aluminum Co of America 70% July 15 16% Jan 2 52% Aug 171% Jan 343/4 *37% *60% •104% No par Aluminium Limited 3% Jan July 343/4 38% 61V4 No par 92% Feb *235 1,200 35 *37% *98 _„No par 125% Feb 2 73% Apr Allied Mills 6% 3,900 18% Alpha Portland Cement 2 27 76% 27 11 2,600 263/4 1 25 Jan 7 5 Co Jan 18% Jan 9,400 6% No par Allied Chemical & Dye 44% Jun 35 800 63/4 28 *60% 3% 100 Allen Industries Inc 341% 50 116 60% 22% No par gtd 35 Sharet 49% *114% 38% 51% 19% .Tan 32% Feb preferred 1 May *34% the Week 60% ♦73 100 Allegheny & West Ry 6% Allied Kid 34% 1 $2.50 prior conv preferred—No par Allegheny Ludlum Steel Corp_No par cum 34% 2% 100 common preferred A 84.375 35 50 3% 116 6% 27 % *150 Allis-Chalmers Mfg common__No par 3%% convertible preferred 100 22 5 38 HOLIDAY 5 24 7 18% May 102 % 5%% 6% 28% 10 preferred Corp 6% 28% *91% 107 3 16% May 28 9 141% Jan 13 4%% SATURDAY 100 common Allegheny 6% 28% 100 44 *29 % Jun Vicksburg Ry 6% Allied Stores Corp common 4% preferred 45% Jun 34% Jun 25 «fe 493/4 *114% 28% 63% Jan 21 Dec 102 Alabama 50 114% 50% 50 100 49% 114% 28% CLOSED common__No par 50% 116 Aug. 1 6% 40% July 16 93% Mar 18 46% Apr 17 95% May 1 93 19 12 21% Jan 21 86 13 17% Jan Jun 77% July 24 4 32% Feb 17 9 Apr 30 67% May 7 90 Jan 96 8 18% Jun May 24 46% Jan 2 1 May 29 85 19 July 24 82 1 9 May 3% Jun 7 Apr 78 12% Jun 29 Inc pfd 1951 series Jan 60% Feb 20 22 Reduction 4.50% 115 Friday July 31 ♦37% STOCK EXCHANGR 1 Affiliated Gas Equipment com $3 preferred w w 49% 117 Thursday 35 i Alaska Juneau Gold Mining 12% May 2 73 Apr 29 Jan Corp__10 Corp Sales for July 30 28 No par Addressograph-Multigraph Air 6% 1 Aldens Inc 10 17% Dec 14 57 Adams Express Co Adams-Mlllls Corp Admiral ♦115% 10 1 66% Sep 5 2 Co 6 4 20% July 66% Aug Acme Steel s% Mar 2 2 100 PRICES Wednesday July 29 51 2.50 23% July 15 16% Jan preferred 2 Jan 19 4**> ACF-Brill Motors Co_ SALE Tuesday July 28 50 HIGH • Monday July 26 5 28 13 % Jan 30 Abbott Laboratories Feb 165% Oct Jan May 21 27% Jan 23 33% May 41 Saturday Par 20 2% May 3 15 49 1 2 18 3 16% July 13 Jun May 113% Oct 5% Jan 2% Dec 31 94 Jan 7o Feb 7 24 102 52% Oct 19 14 48 4 Apr 26 5 liar 12 106% May 70 11 37 % Nov 7% July 17 2% Apr 24 79% May 5 Dec Nov 63 29% Apr 9% Jan 2 102 28% Jan 42% Jam 13 22 2 6 9 Mar 18 66% Feb 24% Jan 2 106% Dec 14 3 91% July 85% Jan 89 Feb 86 36% May 26 104 37 24 jan 8% May 2 30% Jan 24 4% Jan 80 28 Nov lao 1 25% May 1 *30% Feb 28 9 9 30 Jun 5% Mar LOW AND STOCK EXCHANGE €4% Jan 10 87% Jan 6 Jan 5 Jun 27% Feb May 31 73% 114 2 31% Apr 30 111% Dec 20 137% Dec 12 7 121% Jan Oct 15 43% Sep 17 63% Sep 25 29% Feb 26 4 20% July 17 7% July 17 49% July 29 19 NEW YORK Highest Exchange WEEKLY VOLUME OF TRADING . YEARLY RANGE OF SALE PRICES Lowest 15 ———— 26 26% 26 26% 26% 26% 25% 263/4 26 5/8 265/8 105% *103 104% ♦103% 104% ♦103% 104% •103% 104'A ♦443/4 45% ♦443/4 45'A 44 % 44 3A 45% 443A 45 17% ♦17% No par *103% 21.50 44% 45 45 45 10 20 45% 453/4 453/4 46 ♦173/4 18 3/4 5 *4% 5% No par 95 *173/4 183% 453% *173/4 46 183/4 45 17% 2,100 1,1" 900 10,100 100 18% - ♦53% 54 *4% 5% 4% 4% *4% 5% 4% 4% 400 54 % 54% ♦53% 54% ♦53% 54% ♦53% 54% 100 Commercial and Financial Chronicle The 16 . . Monday, August 4, 1952 . (428) STOCK RECORD NEW YORK LOW Previous Range for Range 1951 Year Lowest Highest Lowest 36% July 51% Jan 2 8% July 29 417* Jan 10 86 59% Aug 7 x50 30 Armco 90 57 Jan 99 46% Jan 3 91% Dec 7 104 Jan 5 92% Jan 3 Apr 1 109% July 17 120 Aug 8 110% May 1 116% Jan 22 22 1774 Jan 3 16% Jan 15% July 23 19% Feb 16 8% Dec 26 13% Feb 9 7% May 22% July 12 28% Oct 15 20 Nov 7 24% Oct Nov 28 Nov 89 6 28 Jun 10 1 237a Mar 25 May 20 98 22 80 y4 Aug 1 Jan ' 82 Aug 2 73% Feb 27 30 Aug 3 10 51% Jan 4 23% Oct 18% Jan 2 61% Jun 29 Jan 25 267a Jun 21% Jan 13 120 Atlantic Coast Jun 17 May 28 X93% Jan 36% May 26 307a Jan 30 4% 3 Atlas Mar Jan 11 4 31 29 10% Jan 15 6 % May 9 18 8% July 10 16% Jan 10 14% May 5 774 Jan 157a Feb 11% Jan 19 Aug 23 14% Dec 31 Jun 25 31 7% Nov 26 15% Sep 12 24% Feb 3 77* Feb 16 Feb 18 25 8% Mar 1 6% Jun 3 18 51% Mar 8 427s Jun 26 24 13% Jan 30 5% Jun 3 9% Jan 30 Babbitt 9% Dec 35 July 22 37% Jun 23 Babcock 47 1072 10% 10,400 88 88 8874 89 89 89 55% 55 55% 55 72 5572 55 55 74 96 95% 953/4 953/4 96 *113 72 114 74 *9572 96 113 74 113% 11372 8% 8 8% *27 27 74 8 7% 2772 2774 28 15% Jan 22 10 Feb 20 11% Jan 24% Jan 17 17% Feb 20 24% Jun 197a 19 19% 19% 19% 197a 45% Nov 17 36 7a Feb 18 34 July Jun 28 63% Sep Jan 45% Jun 6 Apr 23 23 Vo Jun 26 65% Jan 11 71 3 77 y2 Jan 7 114 15 % Apr 30 7 27% Jan 14 2 59 20 16 74% Jan 30 2 15 Oct 88 17% Jan 2 28% Feb 3 37 2 43% Jan 31 Jan 217a 22 213/4 22 7a 21% 22 967» 96'A 97 97 96 96 97» Feb Mar 8 337s Apr 8 94 y2 Apr 16 16 Feb 20 38 107 19% Oct Mar 37% Feb 29 19 21 98 *96 72 771/2. 7772 7974 2274 Jan 12 17 157a July 23 30 10% Mar 13 14 Sep 29% Jun 35 Apr Beech Aircraft Creek 30 %Jun Jan 12 33% Jun 17 Beech 3 287a Apr 8 31% Jan 14 Beech-Nut 8 107a May 16 15% Jan 23% Feb 9 28 20 V4 Jun 12 28 94% Mar 9 x91% Feb 13 94 10 32% Dec 29 14 15 19% Mar 7 14% Dec Feb 2 July 23 45 ya Apr 24 557a Jan 59% Feb 46% Jun 29 21% Jan 10 87% Oct Jun 5 1% Jan 2 26% Jun 25 897a 9074 90% 9172 9074 5374 5. 7a 537a 537a 533/4 537a 533/4 2 830 26 26 74 26 74 26 74 26 74 26 74 26 26 74 3,300 11072 11072 112% 113% 112 112 72 109 % 110'A 17 37% Feb 29 60 Bell Bell & Howell 14 34% Jun 87 Jan 19 97 17a Jun 20 Aug 21 *105 74 108 *105 74 35 3*3/4 35 3478 347/8 98% 983/4 98% 983/4 430 27 % 273A 27% 277/a 3,100 347a 9872 98'A 9874 9874 9874 28% 28 28 2774 277a 2974 Jan 3 337a Jan 4 547a Jan 30 16 46% May 1 139% Apr 29 21% Jun 21 14% May 19 155% Feb 27 16% Nov 23 80% Dec 31 91 Aug 14% Apr 2 18 Nov 28 78% July 7 774 7'/a 7 7a 7% 7% 1274 12% 127a *12% 12% 123/4 123/4 7 18% Jan Jan 31 84 Year Lowest Highest Lowest 15% Jun 25 13% July 2 17% Jan 15% Mar 15 22% Dec 18% Apr 14 31% Ma y 16 187a July 7 217a Jan 14 9% Sep July 17 26 Jun Co 5 297» Jan 2 11% Jan Bon 25 Co Ami Class B Jan 15 7% Apr 23 Jan 17 137a Feb 20 167a July 1 31 97a May 17 11% Mar 6 46 52% Oct 2 49 74 Jan 3 71% Mar 9 617a Jan 9 75 8 89% Jan 8 9572 Apr 29 103% Jan Boston & 19% Jan 8 12 3 1474 Feb 24 53% Feb 9 40% Jan 10 47% Feb 21 24% Jan 5 29% Feb 20 257a Jan 2 16 10% Apr 24 39 Jun 29 Apr 17 13% Jan 2 19 % Oct 3 29% Jan 2 36% Sep 12 Mar 157a Apr 28 5% July 23 1474 Jan 25 * 30% Apr 24 34 y4 Feb 11 18 35% Feb 4 9 10374 Jun 4 247» July 28 11 38 2772 Jun 5 40 % Oct 19 27% Jun 105% Jan 17 95 Apr x92 Dec 28 48% Nov 53% 29 11% Jan 2 Feb" 16 13 % Feb 62 Mar 13 3 5474 May 29 9 12% Feb 14 Brown & 3 51% Jun 20 5572 Feb 7 Brown Shoe 17% Feb 6 23 Feb 27 123 Jan 21 13% Feb 14 19% Apr 2 122% Dec 14 25% Dec 4 127% Aug 20 13% Dec 26 18% Jan Dec 26 91% Jan 2 38% Jun 8 45% Jan 19 Oct 3 37% Jun 25 82 8 Dec 31 83% Oct 3 July 30 Jan 23% Jan 29 17% Nov 24 47% Feb 23 % May 207a May 26 277a July 24 26 18 36% May 7 15% May 15 1974 Jan 3 84% Jan 9274 Apr 14 87% Feb 26 76 Jan 25 84 Apr 18 17 Feb 27 18% Jan 7 Jan 2 8 11 29 12 18 118 Apr 26 129 33 Apr 28 38 11% July 17 157a Feb 9 75 88 ' Feb 13 19% Oct 8 Dec 19 21% Jun 29 101% Jan 19% July 8 2 28% Mar 3 10974 May 15 25% Oct 147a July 21 13% Jan 8172 Feb 18 11% May 14% Jan 17 1 15 83 83 83 29% 30 2 227a Jan 2 10 30 13% Apr 16 91% Dec 28 41% Jan 2 48 Feb '*E% Jan 4 20 Aug 108 y2 Mar 6 12 1/4 1274 16% 2,900 20% 20'/4 *92 74 93'% 92% 92 72 *921/4 937a 20 54 '/a 54 54 74 3,200 34% 34'/4 3,300 9372 52% 52% 5372 537/a 541/8 54 347a 34 7a 34 343/a 34 7a 3474 34'/4 343/a 95'/2 95 95 97 97 97 97 *95 38% Dec 10 Feb M) 14074 16 * 40% Mar 31 61 21% Feb 20 52 Jun 5 17 55 74 Feeb 1 11 12 July 11 17% Mar 22 117a May 1 16% Jan 31 Jan 19% Aug 167a May 1 18% Jan 30 2 page 26 5174 Jan , 66 Apr 24% Aug 3 Cannon Mills 143/4 3,700 *79'% 793/4 20 Sales for 177a 177a 18 Aug the Week Friday July 31 Shares 1 500 36 35% 35 72 36 36 17'% 173/4 17% 173/4 17'%. 177a *3572 36 17% — Thursday July 30 1774 *19 — PRICES Wednesday 35 72 79 72 7972 3,100 3,500 18 177a 17% 1774 17% 177a 173/4 197a *1974 1972 *19% 19'% *19'A 19 72 193% 193% 200 347a 347a 36 74 353/4 367a 353/4 36% 33 36% 14,000 24 24 24 2474 *2372 24 24 24 *23i% 24 600 STOCK 23 23 2374 2374 233/4 24 23% 24% *2372 24% 250 874 *8 ■ *8 8 8 8 8 8 8% 380 8 157a 1572 157a 1574 157a 1574 157a 1574 15% 107a 107a 10% 107a 10 3% 103/4 107a 53% 53% 53 74 537a 537a 537a 74 7a 747a 74 7474 74% 75 *9374 SATURDAY HOLIDAY .1.25 15 5 100" 95 74 *93 74 95 74 *9374 941% *93 95 *93 123% 123/4 123% *123% 13 *123% 13 44i% *44 5,400 95 123% 13 13 *44 *44 45 *44 45 *27'/a 27% *27'% 27'% 7474 10% 107% 900 537a 533/, 1.500 75 ,531/4 ; 74% 747% 4,700 500 300 44 27 % 27% 12 600 12 12 12% 1,900 7a 44 271% 273% 11% 44 271% *11% 273% 117a 11% 153/4 10% y. 53% 1174 1174 20 20% 19 7% 20'% 193% 20 193% 19% 19,900 36 367a 36% 37 7% 3772 38 37 373% 37 377a 10,400 *34 34% 34 34 34 34 *34 34% *34 3472 400 287% 287a 28 7% 29 293% 283% 4,500 287a 243% 5134 25'% 513% No par 5 100 No par 12 54 2674 *12474 • . 13% 100 10 5 1 5 100 No par 503/4 513% *50 3/4 27 25'% 253% 503% 50 3% 51 1,300 11% 12 1,000 *53 % 55 11% 12 11% 54% 54 54 *53% 19 18% 18% 18% 18% 900 273% 27 27 27 27% 3,800 *1874 19 277a 124'A 13% 27'% 1247a 1247a 125 13% 14 14 *12474 H7/a 55 *1243% 125 *78 7974 *78 79% *4874 49% *48'% 49 *48»% 49 *48% 49 34% 343% 347a 12.500 *37% 38% *37% 38'% 1,300 18'% 187a 16,800 38 18% 18'A 87 87 *87 873% *87 873% 8574 *78 85 *78 85 177a *14 85 177% 14'% *126 129 38 38 177a 177% ',18% 177a 18'% 14 14 14 *126 129 38 *3774 *126 *3774 38 123% 123% 12% 1272 80 80 80 79'% 797a 12 127a 11% 11% 11 % 12 2274 2274 2274 22% 1273 79% 12'% 80 22 7s> *22 7a *107 108 107 107 *106'% 108 18'% 18% 88 88 *78 85 173% 17% 70 7,300 173% 14 14 *126 900 14 129 *13% 14 129 1278 < 173/4 17% *126 37% 100 333/4 38'% 33'/4 37'% *78 49 49 347a 32% 37% *78 79'% 33 5% 33 3774 187a 6,900 14% *37 7a 32 74 86'% 90 125 14 78% 17% 100 *78 14. 14 *78 86'A — 14,000 25% 12 27 14 51'% 25'% 100 *98 100 *98 2574 287a 29% 783/4 1 No par 51% 283% *78 74 5 1 100 ' 50 15 100 25 19 1247a 20% 100 *98 *53% 19 19 19 7% 25 24% 12 11% *53'% • 100 *98 100 *98 , 25 No par Capital Admin class A common 1 $3 preferred A _10 Capital Airlines Inc 1 Carey (Philip) Mfg Co 10 Canadian Pacific Ry 147a EXCHANGE CLOSED 5 Canadian 23% Sep 10 55% Mar 7 147a *19 — July 29 35 7% 17% 300 147a 21,700 3472 Canada Southern Ry Co 2 LE 527a 1421/4 53 177a 11 26 , HIGH 3,200 32 317/e 31% 197a 18 4674 Feb July 28 357a AND Tuesday Monday Saturday July 26 *19 2.000 52 '/a 793/4 *783/4 793/4 *7874 *19 17.800 142% 14% 147a 14% 720 1% 277a 14174 5278 142 *141 97% l3/a 141'A 523/4 517a 52% 600 2778 *97 13/8 27% 317a 317/B 317a 313/4 147a 793/4 *78% 14 17% Jan 27% 142 *14072 *19 Jan 48% July 18 l3/a 273/4 273/a 15 15 5 & Hecla Cons Copper Ltd 1% 277a 317a common Breweries 1% 27 74 517a 95 Jan 1% l3/a l3/a 523% 1403/4 52 20 7 92 92 12% 121% 5272 48% Jun 19 Xl67a May 26 327a Feb 20 11% Jan 12% 127/a *92 43 Va Jan . 1,300 16% 9174 July 25 6 14 July 17 30% 167a Campbell W & C Foundry No par Canada Dry Ginger Ale com—1.662/3 $4.25 conv preferred No par 9 30 '/a 12 72 participating preferred Jackson Co Calumet 293/4 2074 California Packing Corp Callahan Zinc-Lead 107a Jan 17 24% July 23 50 293/4 2,300 16% 5 22 8 (A 32'% 201/4 preferred Co *3172 16'% Co Jan May 16 7% 3172 20% Butte Copper & Zinc Byers 31% 2074 Butler Bros common 472% 30 157a 16% Bush Terminal Bldg 7% pfd 5% conv prior preferred 3% Jan 26 30 10% Oct Terminal 3,800 85 15 72 12'% Inc 29 772 Apr 29% Jan Co 24 % July 24 8 3 Watch *82 85 153/4 3074 293/, 30 ! 3372 *32 21 20% 20% 15% 153/4 1574 10072 *98 100 72 203/4 *82 85 *82 3272 *32 *98 207/a 207z 153/4 157a 15 3/4 32% 373/4 1001% *98 207/a l63/a preferred i 100 3 72 % ; preferred 100 Burroughs Adding Machine—No par Byron 21 see 2072 157a 4% Bush 377a 10072 203/4 37 37 2072 Burlington Mills Corp common 3 11% Sep 2 100 20'/a 1 No par Bulova 37 *98 37 74 3774 *97 No par 4 2 For footnotes 900 Buffalo Forge Co Bullard Co 4 272 May 16 1,200 37% 1 15 Jan 10 2 97a 37% 3774 39 1272 Inc. 2574 Apr 5ya Feb 21% Nov Co 10872 Jan 29 21% Jan 97a *37 163/a Bigelow 2074 Feb 26 22 July 700 93/4 9V2 32'/a : 21 Apr 10474 Apr 14 13 2% Jun 8 % July 8 May 28 117s May 1 78% Jan 12 25% Oct 33 21% *9% $5 preferred Aug 1 3474 May 13 4074 Feb 14 Oct 7% Mar 15 1 22 31 135 2174 97a 97a 97a 97a 97a 273/4 Erie Co common 7% preferred Budd (The) Co common 49 18% Oct 2 19 28 2174 317a Bucyrus 817? May 29 7 Feb 277a Feb 4 July 1474 Apr 76% Jan 41 19 127 14% Jan 13% Jan 10% Jan 118% Dec 39 21 '/a 27% Brunswick-Balke-Collender Jan 100 16% *37 21'/4 wi preferred 1174 Jun May 32 Jan x50 5 23% May 24 *16'% 39 *21 Maine RR— 16 17% Dec 77 167% *37 2174 . 2072 July 28 7 18 9 11 *1672 39 Common wi Jan 34% Mar 30 49 33 3 27% Jan 16% *37 100 100 Bower Roller Bearing Co 5 Braniff Airways Inc .—2.50 Bridgeport Brass Co 5 Briggs Manufacturing Corp„No par Briggs & Stratton No par Bristol-Myers Co common 2.50 374% preferred 100 Brooklyn Union Gas com. No par 5% cum conv preferred 40 21 Nov 11% Nov 26 300 16% 161% *2074 Borg-Warner Corp common-. 3%% preferred , 23 50 2,000 104 *21 1 Borden Co (The) July 30 800 69% *1672 17a Book-of-the-Month Club Inc 27 104 213/4 *69 106 72 10572 105 104 72 106 10372 217a 22 69 72 163/a Bond Stores Inc 'Jan Jun *69 17 No par No par 12 89 22 70 2072 & Brass new class A 19 58% Jun 22 70 70 16'/4 i 16 5474 July 11 213/4 70 22 21 1" 17 6 5,200 22 7a 22% 70 39 2.50 13% July 23 9 Jan 12 July 457e 2074 (E W) Co Bohn Aluminum 30 May 443% 21 —No par No par Boeing Airplane Co 22 44% *1272 Bliss & Laughlin Inc 23 443/4 45 4,700 *37 Par Blaw-Knox 3 45 443/4 1 peso EXCHANGE 1874 Jan 44% Jan 44 72 447a LOW 16% May 17 6 22,600 *1672 STOCK 20% Sep 27% Dec 237a *2178 com—No par Black & Decker Mfg Co 3674 July 29 23% 23% 1 (Del) NEW YORK Bliss 233% *681/2 common—10 Corp Mining Co 397a Mar 12 26 237a 23 4478 5 34% May 19 17% Jun 9,000 233% 23% 1 1 40% Sep 30 10 3% 2274 —1 Highest 67a 35 7a 10 74 10 common 2 32% July 6% 347a . 600 Foods 1 1 Range Since Jan. 1951 1.600 6'% 103% 353% 1074 STOCKS Bange for Previous 5,600 35 74 6% 107a 2234 preferred —100 Bigelow-Sanford Carpet (Del) com_5 472% pfd series of 1951 100 Birmingham Electric Co No par 14 20% Jan 1 447a 10% 35 1074 105 44% 35 67a 357s 10% 109 44 800 17 100 7 6% 67a 67a 67a 347a 1074 6% 7 43% 353/8 , 7% 7 6% 44% *43 72 44 74 *4372 43% 7 67a 7 67a 10% 100 Bethlehem Steel 144% Mar 21 23 19% Jan Best 300 *7% 12% 297/a Co Best & 22 7 297a Mar 138% Dec Co Loan 15 74 *15 77a 12% 35 , 200 63/a 7% *6 7a pfd $3.25 ser of 1946_No par Cum *6 7a 200 774 *32 Corp Benguet Consol 1 67a 15 74 80 27 2672 *15 1574 *15 15 74 *15 700 110 »/4 29'/4 *6 7a 18,500 35 74 11074 110 *27 , 108 35 353% *109 72 63/B *6% 67a 6 7a 672 15 '/4 35% 35% 291/4 *27 29 74 *27 ■ 110 110 110 110 29 7. *35 347a 347a 347a 110 3,200 108 347a 3472 —10 preferred Beneficial 9 267a Mar 1 5 30 Jan _ Bendix Aviation May 24 174 Mar 112 *105 74 108 *105 74 108 3474 100 1 Belding-Heminway 25 29a/4 Jan 26 32% Feb 32% Nov 2 6,503 9074 53'/4 *82 RR 19 25 9174 8972 6% 12.50 pfd Corp 28 47i% 1.30J 26 50 47a% Feb May 22 80 Vt 907a 4374 —2.50 Packing Co Aircraft 79 79 72 12% preferred-—100 common 187a Jan 14 74 Apr *78'/2 541/4 No par Inc (AS) 33% Jan 25 46% Jun Beck Shoe 5 12 7 77 Jun 83 Nov Mills 1,170 " *7 7a -—10 Corp convertible 37a% Beaunit 4 90 97 10 common— Works Beatrice Foods Co common July 23 100 4,400 973/4 *96 76 *6 7a Corp preferred Iron 973/4 97 96 76% *15 1 Bayuk Cigars Inc 29 3774 July 23 14 89 89 1 783% Feb July 19 17% Jan 472% Bath 10% Apr 17 2 23 72 96 97 9674 97 13,300 50 Brothers Barker 10 Jan 41 21 12% Jan 27 Nov 197a Jan 227a Feb 9 10 9% Nov July 17 20% May 23 28% Jan 31% Jan 78 May 2 19% July 96 36 19 Jun 300 20 22 7a — 1,000 27 74 2174 347a 13 Baltimore & Ohio common 100 4% noncumulative preferred—100 Bangor & Aroostook common 50 Convertible 5% preferred 100 Barber Oil Corp (Delaware) 10 9 15% July — 8 8 *27 19 *27 (The)-Nopar Baldwin-Lima-Hamilton 22 2 Jun 10 18 19 74 B Co 8 27 90 120 11474 *17 72 2274 *109 74 (The) common—_3 preferred -—No par Wilcox & 700 2,000 96 *11372 18 27 883/4 55 72 88 34 55% *95 72 114 74 *73/4 27 74 9872 No par (B T) Inc 11474 *1772 18 *1772 18 *1772 18 — $2.25 conv 101/4 10'/4 10 7a 1074 87 34 72 Corp Mig Avco 6% Jun 43% Jun 14,330 107a 23 7a ———-5c Automatic Canteen Co of Amer—5 5 1574 Jan May 40 lO'/a *105 74 ($1.20)—No par prior pref Conv Autocar Co 39% 257a No par Corp— Austin Nichols common 3 14 97a Jan 1 12% Apr 17 7 Tack 40 10 1/4 54 20 A—100 convertible pfd series 393/4 89% 100 (voting) Common 30 393/4, 7574 Powder— 44% Jan 397a 96 74 5 117% Jan 24 9 34 % Apr 108 % May B series $3.75 39 74 10974 common Refining Preferred 397a *96 1 10 Atlas Corp Atlas 18 18 Sep Atlantic 8 3972 19 No par I SS Lines G 193/4 22 7a HOLIDAY 10 Line RR & W Atlantic 24 10074 Jun 26% May <28% Sep 12 28 31 5 118 109 43% Sep Jun 108% Dec Atlantic City Electric Co Jan~17 105% May 23 5 75% Jan 31% Jun x25 13 96% Feb Dec 110 4 92% Jun Preferred Jun 58 7 Feb 82 SATURDAY --50 50 — 197a *8 Santa Fe— Common 20 *27 10 Investment Co Associates Atchison Topeka & 55 5014 Nov 6% 925/a July 16 66 98 0. 197a 113 72 100 100 preferred™ 2nd preferred 39% *1772 1 — 39 '/a *9572 STOCK EXCHANGE CLOSED 1 1st o.25% 9 23 J*n 31 68% Oct July Jan 01 4 68% Dec 3 Common 22% July 25 28 39 74 10 7a 2.50 Arvin Industries Inc Ashland Oil & Refining Co 1,403 387a 55 74 Associated Dry Goods Corp— Feb 91 ' 83 8 18% Feb 2 25 Oct 11 98 21 Feb 25% May 101% Sep 41% Jan 9 17 91 7 Shares 3972 87 No par Armstrong Cork Co com No par $3.75 preferred No par $4 convertible preferred—No par Arnold Constable Corp—.—-——5 Artloom Carpet Co Inc——No par 28 Aug. 1 38% preferred $6 conv prior Mar 13 Apr 30 Steel Corp Co of Illinois com Armour & 5 4 Jun the Week Friday July 31 July «(> 38% 5 10 5 Argo Oil Corp 127a Mar 9% May 15 9 Dec 96 1 35% May 12% Jan 18 76% July 20 22 277a Jan 19% July 22 July 26 Par EXCHANGE Sales for Thursday Wednesday July 29 July 28 \ PRICES SALE Tuesday Monday Saturday NEW YORK STOCK Since Jan. 1 HigheBt HIGH AND STOCKS 129 350 38 38 *3774 12% X723/8 12% 797a *79% 80 80 2,300 *113/4 11% 117a 12 2 200 221/4 22'% 22 22 500 *106% . *106'/a 108 20 108 2374 2374 233% 2372 23% 23'% 23% 2374 23'% 3,200 26 3% 26 3% 263/a 26 3% 267a 263% 263% 26% 267a 26 3% 2,200 27a 27a 27a 27a 27a 27a 2% 2 78 2 Va 23% 7,800 8% 8 3% 8>% 83% 8'% 83% 247/a 24% 24% 24% 24 7% 24% 1,000 9% 97a 9% 4,700 *23 8 3% 87a 87a 87a 2434 243% 24% 24% 9 9 7a 9 97a 9 9 7a *94 Va 92% *913/a 92 % *913% 4774 *47 *" 92 74 *47 9 48 48 *47 *16 3% 17'% 1774 171% *17 7a 36 3% 35 74 36% 36 7% *47 177a 357a 377a 50 *24 *5374 50 *49'/a 51 *491%, *233% 243% *24 5474 *53 5474 * 12 3% 13 1774 1774 >i 54% 17 <'% 37% 51 *24% 24% *54 127a 123% 12% 12% 123/4 •177b 173/a 177a 177a 16% 473% 48 *49% 243% 54% 9° roi/t J 353% 51 243% % 543% 12% .17 "• * % 473% 177a 17'% 36% 37 *4974 51 13 17 100 Cr* 543% v 13 17 10 200 42.000 24%v 24% *54 1.900 9; 300 90 3,800 1,100 Volume 176 Number 5139 . . The Commercial and . Financial Chronicle (429) 17 NEW YORK STOCK RECORD Range for Previous Year Lowest Range Since Jan. Highest 103 % NOV 23 30'A Jan 29 4b STOCKS 1951 Lowest 111% July 17 35 % Dec 7 104% Jan 34 1 38'A July 17 53 % Jan 28 Carpenter Steel Co 23 28% July 23 Carrier Corp common 25% Aug 17 21% Jan 5 45% July 13 39% Jan 10 9% Jan 2 13 10% Feb 20 24% Jun 17 43 155 8 May 24 98 % Dec 153 3 47 % Jan 2 58 13 2 99% Jan 3 preferred 4% 1 7% July 14 series 104% May 19 51% Jan 2 10 common Preferred 4.20% 100 Celanese Corp of Amer com__No par 7% 2nd preferred 100 12 150% Feb 26 18 99% May 16 110% Jan 2 4%% conv 21 3 19% Jan 2 Celotex 17% Oct 16 common 3 Corp 3 8 17% Jan 28 2 20% Jun 8 % Jan 2 10% May 1614 July 39 % Jan 2 24% Feb 3 6 Jan 19% July 30 30 7 % Apr 17% Jan 1 23 5% 20% Mar 12 9% Feb 29 7 preferred Foundry Co Central EXCHANGE 57% Feb 23 47% Jan 17 3 10% Dec 21 10% Jan 29 11% Jun 26 Central 4 36% Dec 13 36 Apr 24 40 Feb 18 101V2 Dec 22 112% Feb 15 104 Jan 8 110, Jun 9 . 16 Jun 25 29 19 2 15% Feb 28% Mar 15% July, 2 13% Jan 2 15 May 11 17 11% Jan 18 8 2 33 V* Jan 25 58% Oct 30 14% Jan 2 18% Oct 6 HOLIDAY Nov 97 Dec July Central & South West Corp. Feb Central Violeta Sugar Co Jan 29 Century Ribbon Mills 39 3 Aug 6 22% May 107% Feb 1 7 % May 16 % Jan 21 33 % May 6 2 98 5% Aug 10 Jan 9 % Jan 16 2 38% Oct 15 38 »A Feb 8 42 6% May 28 1 8% Jan May 17. . 37 87 Apr 27 90% Jan 2 61% Jan 4 May 24 % July 2 23% Feb 24 16% Feb 20 -17% Oct 27 9 , 17 > • Feb 13 Feb 9 29 5 29 7% Nov 7 19 22 % 20% July July 22 15% Feb 27 20 Jun 18% Feb 20 28 % Apr 17 32% Jun 15% Jan 26 9% Jan 3%% 7% Feb 30 Feb 9 19 % Feb 4 24 39 % Jun 28 x39% Feb 59% Feb 9 27 49 Feb Nov 24 28 % Mar 3 15 Jan 16 20% Apr 26 Dec 29 52% Feb 9 32% Feb 20 41% Jun Chic 13 15 37 12 45 80% Dec 61% Apr 28 9 81% Jan 11 19 49 13 36 14 68 % Feb 31 3 107 Feb 26 37% May 94 % Jan 38 y4 Apr 27 31% Jun 4 43% Jan 8 57 % Dec 11 54 84% Mar 28 120% Sep 10 97 Jan 102 36 22 May 17% 17% 9 Jan 114 8 15 92 Jan 21 26 27 21% Jan Dec 28 100 % Feb 15 9 53 % Feb 14 28% Jan Jan 155 Feb 5 11 90 Apr 25 74% Jan 5 4 50 % Nov 7 48% Feb 21 6 111 Jan 5 30% Jan 26 38 Oct 18 67 30 44% Feb Mar 15 41 Sep 31 5 140 Feb 65% Jan 37% Jan 110 7% Dec 21 36% Feb 27 84 Jun 28 3 80 xl00%Nov29 132 Jan 12 102 806 860 Jun 94 % Jan 26 42% Nov 29 85 55% Feb 10 Dec 18 100 % Feb 5 16% Jun 25 23% Jan 29 19 % Jun 29 36 Jan 10 37% Jan 8 35% Jan 9 '* 26% Feb May 91 18 25 40% Jun 58 July 31 39% Apr 4 ,19% Jan 2 88 Feb 46 95 18 Feb 24 39 Jan 8 38 Jan ; 33 Jun 45 % Jan 4% 7 3 40%.Feb 11 3 62 '' Apr 22 61% Apr 4 24 : July 21 20% Jan 29 61'A Dec 19 2 32% Dec 4 2 39% Feb - 38% May 24 4 57% Feb Dec 27 22% Dec "25 Columbia 11 44% Jan 30 .• Class 30'A Jan 32% Jan 14 3 Jun 20 10% Feb 18 2 6 18 29 35% Jan 20 7% Jan 25 13% Oct 9 2 33% Dec 20 30 Jan 105% Dec 24 Jun 104% Nov 3 2 12 July 17 Feb 7 25 35% May 12 109 % Mar 27 27 112% May 19 22 105% July 15 16% Jan 18 1 10% Jan 3 11% Jan 56% Jun 3 31 % Dec 10% Dec 27 16 24 5 10% Dec 31 18 Feb 3 14% Jun 25 21'A Feb 26 2 34% Mar 8 29 113% Mar 2 1013/4 Dec 27 110 32% Jan 2 42 16 17 Jan Oct 24 2 90% Oct 29 106% Oct 31 21% Mar 99 t 16 5 May 28 45% Dec 106 11 July 31 106'A Jan 2 92 Jan 2i Jan 9 -114% Dec 4 8 Jun 25 13 Oct 17 Jun 21 23 Aug 16 Por footnotes see 3 page 26. 22% 19% 22 22 3% 4,900 223/8 223% 22% 22% 21% 22 22 1,800 22 22 21% 21% 600 18% 18% 7,100 22% 21% 21% 183/s 18% 18 18% 18% *16% 16% 16% *16% 9% 28% Jan 30 28% Jan 31 9% Mar 11 9 Mar 24 16% Apr 15 34% Jan 102 1 & 15 15% 15 15% 37% 375/8 36% 373/4 1,700 29% 29% 293% 293% 29 293% 28% 29% 28 28% 99% 2,000 99% 100 100% 100% 101 99 6% 99% 6% 30% 30% 35% 16% Jun *63% 35% 353% 355% 35% 353% 85 85 85 85 19 19% 19% 22% *223% 20% 203% 193% 2,700 800 203/a 20% 20% 203% 7,600 205/B 20% 20% 20% 20 5% 201% 203% 20% 205% 205% 313% 303% 31 14% *14 14% *14 9 9 83/4 400 20% 205% 20% 203% 205/8 21% 21% 21% 43% 44% 19,600 441% 44% 445% 455% 45 453/4 18 5% 19 18% 19 19 39% 193% 18% 19% 395% 39% 393% 14,700 4,600 393% 39% ' 393% 405% 40 55 55% 54 40 3% 55% 4,400 54 543% 55 75 55% 54% 543/4 73% 73% 2,300 72% 72% 74% *72% 74% 200 68% 68 68 '/a 69% 68 68% 67% 67% 92% 93 93 8,200 93% *92 93% 93% 93% 153% 155/a 1,300 16 2,300 *73 68% 69 93 15% 155% 3% 3% *72% 153% 15% 15% 113% 115% 115% *115% 12 16% 113% 16 16 *16 16% 100 3,900 16 300 33% 3% 3% 3% 33/8 3% 33% 33% 11% 11% 11% 11% 11 % 11% 37% *11% 11% 37V2 38 38% 37% 38% 38 78% 38% 120 785% 79% 79% 7b 3/4 79 % 763/4 79% 13,200 11 78% Monday July 28 July 26 15% *16 AND *38 783% HIGH SALE Tuesday July 29 800 PRICES Sales for Wednesday July 30 Thursday Friday July 31 Aug. 1 the Week Shares 39 % 38% 39 % P8 33% 98% 93% 33% 98% 33% 333,4 f. •>*/,, 3?i/„ 335/8 68 3/4 33% 6;>% 335/8 33 % 68% 69 2,100 683/4 70% 69 3/a 70% 69 103 3/8 693/4 ,102% 11,000 102 % 1031/4 102% 10314 102% STOCK 9% EXCHANGE 9% *95 32 CLOSED 98 32 ip3% 9 % *95% 32 38% , 9 % 9% 98 *95% 32 32 9% 9% 98 32 32% 102% 10% *95% 7,900 10 3/a 3,000 *95% 32 180 103% 10 98 2,900 98 31% 16% 17% 31% 700 15% 16% 16 16 SATURDAY 16% 16 3/a 873/4 *16 3/a 88 89 16% 89% 1,700 89 89% 89 HOLIDAY 89 53% *89 89% 470 54% *145 165 *77% 82 51 51 *108% 109% 40 3/a 41 54% *145 *77% 50% 108 41'/8 54% 54 82 54 *145 165 165 *77% 513/g 50% 108% 109 41% 54 " 51% 165 *77% 53% , 82 51% 72 513/4 41% 82 51% 513/4 108 ' 4,000 109 41% 180 41% *71 44 1,500 165 *77% 109% 41% 41% 54 *145 ' *108% 109 41% 54 *145 % 82 72 *71 *42 44 *42 1,000 72 44 363/8 363/4 353/8 36 35% 36% 36% 37 20 20%' 36% 37% 20% 20% 13,400 20% 213/a 20% 100 84 21% 21% 84 21% 84% 13,900 84% 84% 85% 85% 8514 5 5 86% 86% 28% & *81% 28 *135 83 *875 112% 43/, 28 136% *81% 113 44% 44% 113 44% 88 88 *86 3/a 22 21% 20% 203/« 88 *51 53 53 52 52 *49- 50 34% *34 34% ♦333% 34 14% 14% 21%, 2,100 20% 20% 20% 20% 203/a 8,800 *53 - 54 *52 ,<• 53 *49% 50 *53 *53 * *52 ' *49% 54 30 53 90 ? 50 34%' 343/4 34% 35 34% 35 14%*, 12% 14% 143/a' 12'/a 12% 1?% 60 58% 58% *58'/a 513/4 51% 51% 50'/a 50 3/4 4,300 23 3/8 23% 233/4 233% 24 5,600 12% 12% 13% *12% 59% x58 % 58% *58% 50% 50% 513/4 51% 23% 23% 23% 23% 42% 4P/4 42 1 41% 413/4 41%* 72% 723/8 35 35% 35 35% Xl4% 145/a 2,100 ; 1,600 22,000 123/8 5,600 60 800 73% 365/8 36% 363/8 365/8 37% 37% 21% No par 413/4 715/8 36% 10 373/4 313/4 21 21% 205/a 21% 20% 22,% 323/e 32% 323/8 325/8 323/a 33% 333/4 42%' 37% 3334 335/, 333/4 33% 333/4' par 73/8 *7% 73/4 75/8 75/8 7% 7% 273/8 273/8 23% 24 28% 213/a 32% 33% 7% 10 27% 27% 27% 27% 23 % 24 % 23% 24 Consolidated Cigar —No par Consolidated Coppermines Corp —5 28 r 413/4 37% 213/a 323/a 25 com___25 Inc ' 28 *28 28% 1,700 2,300 24% *28 28% ' *28 7,500 213/4 22,300 32% 33 333% 7'% 3P% 75% *273/a 27% 1,500 24% 24% 2,700 28 3/s 28% 7,000 " f 3,100 1,100 400 8% 83/4 8% 83/4 8% 83/4 8% com—No par 34% 343/4 34% 343/4 34% 34% No par Eidison of N Y 107% 107% 1073/B 1073/a 107% 1073/4 343/4 *107% 1073/4 1073% 1073% 900 26% 26% 26% 26% 263/B 26% 26 3/a 26 3% 26% 4,800 111% 111 % 111% 111%. lil% 105 preferred __; Elec Light 4%7o 26 100 lll3/8 111% *111% 112% 100 104% 104% *104% 105 1.33% series 14% 143/g *14 14% 1034 10% *105/8 11 58% 583/4 58% B series C 5 Gas ———15 11 Apr 1 12% Jan 14 Consolidated Textile Co 19% Jan 29 Consolidated Aircraft Cuba 6% Retail Vultee Consumers Power Co com preferred *104% 14% 14% 14% 1,500 *103/8 11 10 3% 103% 200 58% 583/4 105 58 3% 59 305/8 31 30% 30% 303% 303% 30% 30 5/8 30% 30% *303/8 305/8 *303% 30% 1 10% 10% 10% 10% 10% 10% 103/8 *10% 11 9% 10% 9% 9% 95/8 95/a 93/8 9% 95/a 9% 1 No par 4% preferred 100 Continental Baking Co com—No par No par common—20 48% Jan 22 Continental 99 Jun 16 117 Feb 8 preferred No par preferred No par Continental Cop & Steel Ind com—2 * 18% 183/a 183/a 36% 35% 363/8 X36% 1083/4 1073/4 10834 107 107% 107 107 36 18% 185/8 36% 108 *107 107% 385/8 107% x38 % 385/8 38% *100% 101% 101 % 101% •101% 17% 913/a 44% *96 *114% 9 173/4 44 74 17 17% 17 *91 91 % 913/s 44% 44 3/a 973% *94% 973/8 115% *114% 115% 9 173/4 8% *17% 9 18% 18 5/8 36% 103 38% 17% 18% 36% 59% 108 3/4 383/8 913/8 31 108 38% $3.75 25 18% *303/4 107% $4.25 preferred 58% 111% 1045/8 *14% 30% $4.52 preferred No par Container Corp of America com—10 Inc 585/8 ♦105/s 1043/8 11 14 31% No par $5.50 preferred 5.200 26,200 14% *104% 10c Inc Inc 35 30 % 100 deposit— Stores 83% 8 5% 353/4 30% pfd certificates of 85/8 35 & of Bait com—No par convertible 1 50 14% 273/8 Can ; 53 *49% 70 34% 24 of 54 53 ' 88% *88 34% ; 27% 4% 2,500 213% 42 No par preferred Publishing Co—No Gas 44 % 88 21% ■ Co Solvents Power Co 44 % 44% 88 50'/a 23% 100 1,800 *875 21% 59% Elec„5 83 113 113 87 14% ' common—No par 44% 136% *81% : 213/4 12 143/4 82 113 20 % 34% . .'44% 1,300 2,300 87 52 50 *135 136% 82 113 400 43/4 28 % 43/8 28 21% . 53 52 *49 4% 28% *875 44% 22% 20% *135 83 113% *875 22 20% 4% 28 136% *81 % *■: 43/4 28% *135 83 112% ' Iron———No,par Southern Ohio 4% 28 *875 44 par *43/4 28% 136% *135 No par 5% 83/4 9 ia% Corp.—No par Natural 30 1,700 435% *112 6% 21 800 143% 205% No par Consol 18% Jun 9 500 143% 143% 31% 19 _100 Consolidated 10% Jan 9 *31 43% No par 7 7 31% 14% 14% *42 8 Feb *31 20% 44 4 8 20% 39% 5 15 19% 23% 98 % 110% Mar 20 8% May 29 19% 23% *42 May 96 21 19% 23% *31% *8 3% 200 193/8 23 44 (The)-.i_ Cone Mills Corp Congoleum-Nairn $4.50 20,000 85% 195% 203% 9 200 35% *84 22% 31% .T 85 % 19i% 30% 9 1,800 353% 353% *84 *20% 13% 1,140 63% 30% 1 $1.32 convertible Consolidated 355% )• *225/B 23 20% 1013% 63% 30% 30% 6% *30% *42 33% May 19% Jan 23 Jun 16% Feb 61/2 30% *71 33 103'/a Feb Jan 6% *30% 72 64% Feb 99 100 6 % 30% 22% Laundries. Corp 109% May 29 38% Aug 1 42% Feb *63% *30 85% *85 No par Commonwealth Edison Co pfd 7,600 15% "When issued" RR 8,100 373/8 stock—50 4% Engineering Preferred 100 95/a 45 15 *71 preferreed Credit Preferred *9 433/4 37% 72 Superheater Inc——*.. $5 " 95/8 43% 15% $4.25 cumulative preferred-No par Carbon Co:—1_—No par Consol *9 42 s/8 17 38 *71 Consolidated May 16 95/a 42 3/a *16% 15 " 50 gtd 23 110 Jan *9 - 42% ' 36% 1» Grocers Corp 31% May 92 9% 42% 18% 17 15% com_No par Consolidated 36% July 29 Jan 102% Jan x90 *9 % 16%' 36% Columbian 14 Apr 61% July 20 34% Mar 21 Feb 106 27% Feb 13 25 32% Jan % Feb 12% Jan 97% Jan 31 Nov July Feb Dec 11 19% 34% Nast 10 19% 39 common Columbia Pictures Conde 900 109 191/4 *97% Southern Ry com—_100 Consolidated 10 X95 31 25% July 21 Feb Oct 18 Jan 2 19% Mar 30 3/4 Jan 28 24 107 102 2 26% Feb 98% July 19 22% Jun 2 25 .108% Oct 3 45% Jan 28% Jan 19 3 Feb -30 25% Mar 10 29 115 10 Mar 21 21% Apr 7% May 1 32% July 18 2 xl06% Jan 16 13% Jan 33 34% Mar 24 *108% 19% ———2.50 Columbus 109 19 </4 *36% 100 com B Commercial 11 7 Jun *108% 19% *213/4 Columbia Gas, Systepa Inc—No par - 35 % Jan 28 28 . 39'/a 19 % 34% 20% July 30 Dec 29% Nov 6 39% 108% 19% Broadcasting gys cl A-2.50 6 7% *39 108% 97% npncumulative' 1st pfd__a_100 noncumulative 2nd pfd—100. 4.% Commercial Jun conv Fuel 73% July 29 37% Aug 1 " 27 Inc Internat'i, 4% 1 16% Jan 11% Feb 33 39% 109 183/s cumulative 2nd preferred__100 Colorado & l- 56 % Jun 2 393/4 39 108% 39 20 7% RR Co May 3 54% Mar 27 42% Jan 30 39% . 1 cum Colorado 59% Mar 27 "•*13% Jan 15 Nov 39% 38% 109 1,800 97% $3.50 preferred.; —r,——No pajr Collins & Aikman Corp-——Np par 10 9% Jan 31 8,800 27 38% Colgato-Palmolive-Peet com—No 24 27% Jan 1,000 11% *26% 98% 9 %, Jun 14% Jun 32 % Aug 57% 113/8 *9% No par Coca-Cola 2, 11 %" Jun 8 57 11% 17% preferred—100 guaranteed 35% July 18 22% Jan 57% 11% 38% 4 15 45 % Jan 8 57 11% 98 V* No par — 57 ' 32 Jan Apr 22% July 22% Feb 27 io Ry Co Pitts & Foods 4% % 13 8 Jan 19 Louis Illuminating Combustion x36% July 11 27 57 11% 38% 5 Molybdenum Clinton 4 117% Jun 2 41 22% Mar - 26% 57 11% *36 100 Cluett Peabody & Co com 1% preferred 23 19 < Elec Special i 28 51%, Sep i & St noncumulative 4 Apr 65% Mar 19 - 263/4 57 113% 11 Clopay Corp Jan Mar 1 26% *56% *16% 5 2 15 % Sep 4 *26% 11% 17 : 18 16% Oct 2 Juri *26% 200 57% x-18% No par 10 Jan 18% Jan 87 54% Mar 17 Jun 12% Jan 11 1,300 22 par preferred—100 Coca-Cola May 17 35% Dec 28 35% Dec 28 C Climax 2 32% Jan •' -25% Juff 900 7% 22% par common convertible Cleveland 8 136 7 19 56 19% 7% 19% Milling Machine Co—10 6% Jan 1 Jan 3 61 16% 19% 75/8 27 15 Cleveland Graph Bronze Co 18 Oct 16 3/a 19 % 75/8 100 com $4.50 preferred 4 37% July 24 3 4% Apr 23 26% May 19 130 % Jan 3 C Cleve 7 25 % Jan Electric Equipment Co 5% 28 Jun 81% Apr 16 C 4 Apr Gas & Stores Co 4%% Apr 43 3% Mar 24 City Clark 42% Jan 29% May 1 18% Mar 18 Jan 165/B 19 % 75/8 Saturday . July 18 26 16 138 *16 3/a 193/8 7% *163% LOW City Investing Co common 5%% preferred City Products Corp 7 July 27 17 28 72 34% Apr 13 Jan 14 109 % Jan 28 16 5/8 19% 38% 25 C I T Financial Corp Cities Service Co 78% May 23 3 31 24% Nov 24 *16% 7% 25 preferred— Cincinnati 2 53% Apr 105% Mar 12 35'% May 47c 1 155 25 Dec Jan 17% July 7 Oct Cincinnati 9 89% July 29 55 42% Jan 10 Apr 1 30 75 28 17 193/8 75/8 42% Par 2,200 *19% 43 STOCK 2,400 175% 7% 25 YORK 20 106% 16% 1 EXCHANGE 10% Mar 15 14% May 12 x80% Apr 15 42 NEW 20,600 141 106 19% *108% 10 preferred *139 106% 11% No par Copper CoChrysler Corp 1 99% Apr 33% July 4 140 29% July convertible 46'/8 17% 141 106 4,600 1043/^ 453/4 17% 43 common..; 46 *139 30 57% 17% par Chile 70% July 31 1 18 Oct 16% Dec 130% Dec Co 5% 25 41% Jan 1 11% Jan 87 28 Childs 79% July 15 2 29 38 % Apr 445/8 57 *103% 17% conv Highest 27 7 1043/4 44 s/8 17% com_No par convertible preference__No 5% Mar 12 48% Jan 27 Dec 89% Dec Jan 13 July 22 Jun 32% Mar *103% 12 Lowest Dec 1043/4 43% 17% 100 Chicago Rock Isl & Pac RR__No 4 % Mar 12 Range Since Jan. Highest 573/8 *103% 43% 16% 30 38% Dec $3 55% 1043/4 400 152 139 100 A 152 43 % 43% STOCKS 1951 Jan series 56 153 106% com__No par Chicago Pneumatic Tool Previous 74 pfd 153 139 Pac—No par noncum 153 103% 105 *16 93 Nov & Western preferred 55 % *115% 40 xl03% Dec A North *151 % 55 1053/4 40 Paul 153 54% 140 No par St 151% 54% 16% 26 94 153 12 10% Jan 3 5,700 *16 19% Mar 30 27 2 6 3/a *11% 5 8'A Jan 26% Chickasha Cotton Oil 10% Dec 27% July 31 263/e 57% 100 1 series & 5 % July 25 69% July 24 13 85% Jun 26% Chicago Yellow Cab 3 % Jun 31% Jan 263/4 8 15% May Year 700 26 % 6 11% May 8 Lowest 26 % 13% 12% Feb 16 16 Range for 13% 18 Jan 8% Feb 82% Apr 46% 131/4 ! 13 19% Jan 28 2 46% 13 % *92% 24 65% July 463/4 13'/8 preferred series A 100 Chicago & South Air Lines__No par 3% Dec Feb 463/4 13 % 1 Apr II'A Dec~19 50 463/4 13% 26 3% *46 93% July 30 16% Jun 11 16 % Dec 38% July 31 5% 75 % Jan 9 82 3/a 46% 13% 26% 105 % No par convertible preferred Milw Chic 56 % July 23 94'A Feb 26 24 70% Sep 12 61% May 3 27 29 % Apr 12 58% Apr 43% Oct 28 47 12% 26% 10 Class B Mar 19 3 4,100 28% 47 7% Chicago Corp (The) 1 Chicago Great Western Ry com—50 5% preferred 50 Chicago Ind & Louisville Ry cl A_25 ; 4 25 52% Oct 1,100 139 • Class A 4 5 12 'A Mar 7 17 >4 Jun 38% Mar 28 Co Chicago & East 111 RR com__No r 28 14% Feb 50 105% 1.25 Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common__25 < 19 1 16 49% 1 preferred Checker Cab Manufacturing 20 9 Jan Belt 2,500 50% 28 5 $4.50 1 2 38% Feb 12% Jun Pascp Corp Common 17 July 3 Jun 13 21% July 21% Jan 33% Jan 27% Nov Chain 34% Jan 26 2. 80 12% Jan 8 July 24 104% Apr 7 18 -14 26 Feb de 493/4 28% 16% 5 Certain-Teed Products Corp_ 30 1, 33% Jan Jan Cerro 493/8 27% 140 No par 1 493% 28 % 19% ___9.50 8 16% Apr 49 28 Champion Paper & Fibre Co— 28% Jun 26 29 58% Feb 14 49 28% 105% —— 10, 48% 373/4 17% Illinois Public Service—10 Central RR Co of N J class A 50 Class B , 50 21 3 32 23 19 17 37% 105% 100 July 22, 373/4 1 preferred Apr 90 373/4 *139 Central 24 % Jun 40% Feb \ 6 25 19% July 114% 373/4 43% Hudson Gas & EJec__No par Light common • 4%% 24% Jun 20 16% Apr 27 26 . 5 Feb 17% Dec 27 2 Nov 8 % Jan 33 V2 Apr 19% July 10 Mar 5% 1 *114% 37% *103% SATURDAY Central Illinois 60% July 114% 37% 54% Georgia Ry vtc—No par preferred series B vtc :100 Jan 9 114% 373/8 *151% CLOSED of 32 % Jan Shares 114% 37% 26% 5 : 114 the Week *13 par Aguirre Sugar Co Central 12 113 Friday Aug. 1 *46 STOCK 20 — Central 14 Jun No 113 Sales for Thursday July 8.1 July 30 28 preferred series A_100 17% Mar Apr PRICES Wednesday 48% 1 100 SALE July 29 113 37% 50 12.50 preferred Caterpillar Traptor 113 No par Jun 116 18% Jan ' Light 20% Sep 105% May 24 14 % Jan 2 , & Carriers & General Corp Case (J I) Co common 18 July Power 36% May 14 133% Jun 19 152 , 2 Feb Conv 13 % July 24 142 % Jan 58% Aug 2 15% Jan 46% July 30 30'/p A\tr 6 55% Jan 5 Jan 6 Mar 106 435/a Ian 10 140 Dec Carolina Ohio Ry_100 & HIGH Tuesday July 28 10 2 Jan % May Carolina Clinchfield AND Monday July 26 _5 35 Nov Saturday Par 20 Feb 18'A Jan 138 LOW STOCK 114% July 30 58 43 YORK EXCHANGE 9 2 13 NEW Highest Apr Oct 1 44% *95 114% 8% *18 102 • "101% 17% 17 913/4 915/a 443/a 973/8 114% 9 18% 44 *95 114% 83/4 18 18% 35% 230 20 4.000 800 300 1,100 95% 1,700 18s% 12,800 36% 4,300 108 108% 107% *107 107% 120 38% 38 383% 5,600 102 17% 92% 443/8 *101% 17 92 443% 973/8 *95 114% 114 8% 18 8% 18 102 17% 92 44% 580 50 1,700 240 4,400 97% 114 8% 18 250 2,100 800 I Chronicle The Commercial and Financial 18 Monday, August 4, 1952 . . (430) NEW YORK STOCK Range for Lowest Highest Lowest 17% Oct 10 12 % Jan 68% Apr Diamond 78% July 15 Continental Insurance 16 Continental Motors Jan 3 7% July 2 11% Jan 20 7% Apr 30 2 59% Sep 56% Jan 2 22 2 Feb 12 1 ' 20% May 6 25 Jan 80 33% Nov 16 27% Feb 5 31 % Jun 9 78 28 July 32 9 Vs Jan 75 j.8 12 x53% Dec 14 55% July 9 53% Mar 8 55% Apr 28 22 % Jun 28 42% Jan 8 22 6 29 % Jan 25 193A Jun 29 1 23% May 13 % May 24 x20% Sep 29 72% Jan 60% Jun 38 28 % Jan 26 51% Jan 14 17 % Jun 10 22% Mar 21 64 30 69% Jan 9 16 87 Va Jan 25 Jan 16 99 % Apr Jan 65% Feb 23 99% Apr 22 23 1 70% Feb 29 66% Apr July 16 78 Apr Jan 2 x91% Dec 11 104 y4 Mar 2 93 x92'/4 Dec 11 104% Feb 19 93 3 79% Aug 17 x66 Jan 178 7% Jan 23 Apr 18 414 Nov 16 5% Jan 26 3% Jun 2 4 % Jan 28 2% Jan 12 1% Jun 23 2 Ve Jan 3 25 Jun 186 10 Jan 166 Co Crane 27 % Jan 2 42% Oct 19 31'% May 1 38 % Jan 88 % Dec 20 103% Feb 20 9 97 27 12% Jan 24 19 26 Jan 3 Cream 193% Jan 28 Crown 2 12% May 5 91% Jan 11 % Jun 25 Nov 17 29% Mar 7 24% Jun 15 Jan 2 8 14% July 28 33% Dec 26 10% Jan Oct 22 57% Oct 31 103% Jun 13 39% Jan 30 92 Va Jan 30 5% 28 Va July 14 Cuba 97% Nov 20 3114 Jun 29 47 % Oct 3 31 May 1 Jun 28 99% Oct 3 80 May 1 79 23 25 22 Mar 20 32 25 Jun 19 2 11 Jan 5 6 May 1 13 Nov 77 Mar 8 63 Jan 3 65% May 26 8 10 May 1 12% Jan 9% July 14% Oct 9 3 6% Nov 23 10% Feb 3 Dec 31 106% Feb 15 x94 48% Jun 28 Jan 10 24 Feb 20 6 96 57 30 8 99 3 12% Jan 9 7% Apr 24 27% Feb 10 23% Feb 21 128% May 23 132% Jan 24 129% Jan 19 Jun 29 37% Nov 257b Jan 2 28 18 54 *22% 23% 23 23 23% 23% 23 23% 23% 23% 25% 25% 25 25% 24% 24% 25 25% 24% 25 49% *48% 49'% *48% 49»% 18 *17% 18 18 18 Va 49% 181/4 67% 67% 67 67% /V 71% 72'/4 72% 72 »/4 72% 72% \X-72% 96 % *95% 96% *95% 961/2 *95'/2 96 % / 98 96 96 •95% 97 *95 % 68% 68% 69'/a 175 175 68 7 95% *94% 95% *94% 953/a *94% 95% 11% 11% 11% 11% 113/a *11% 11% *25 Vb 25% 25% 25% 25% 25% 253/s 253/a 900 14% 15% 15 15 3/s 15% 15% 15 15% 18,500 35Va 35Vb 353/a 353/8 35 3/a 35% 35% 351/4 1,400 581/4 3,400 *94% 11% 25% 15% 35% 57 % *102% 103 33% 33% 86% 86% 86% 281/4 27% 28% *26% 28'/b 6% July 31 39 % 2 35% May 26 85% 85 % 500 28'/4 28% 28% 1,270 *27 28'/4 1 100 *130 No par 36 36 34 34 90% 90% 24% 241% 63/4 6% 2,800 300 65 *62 65 *10% 10% 10% 10% *28 28% 28% 28V4 500 7% 73/4 7% 19,700 7% 73/8 *62 700 10 95 95 95 *943/4 53 53% 53V4 *521% 53% 200 83/a 8'A 83/a 8,800 8 3/8 83/b 8% 24 24'/a 24% 24 % 132 37 38 33% 36% 36% 33% 34 33% *90% 91 *90% 800 241/a 132 *130 132 38% 95 24 24% *130 *130 132 *130 900 17% 188 *175 6 3A 10% 53 8% 8% 132 *24Vb 17 3% 17% 188 6% 28V4 28% *943/4 53% *27 2,200 64 , 7% 95 173/a *175 63% *10% 7% *94% 8% 8% L 17% 188 ►28 *52% 95% 53% pfd Inc Cutler-Hammer 86% 28 281/2 64 64 64 7 1 861/2 28 63/4 7 7% 333/4 17% 6% 103 333/4 87 ►175 188 6% *102% 103 800 34% *86% 17% 17% *175 58 581/4 *102% 6,300 34 *27 17% 1% 34% 28 188 58 103 34 33% 28 3% 58 •102V4 58% 57% 57% 103 6% common 11,500 323/4 10% A 3,300 2 3% 32 V4 28 Class 4 3% 1% 10% Cushman's Sons Inc 40 176 32% 28 11 7,000 13/4 11% *94% 20 97 32% 95% *52% 68% *175 176 80 951/2 1% 3% 33 27% No par No par 95%) *95^S 1,560 32% 1% 32Va 6% 2,000 *1% 1% 1 % 171/4 600 67% 72% 31% 4 *3% 3% 33% *175 181/4 67% 68% 681/4 *175 3% 18 % 97 68 175 175 176 28 23 68% 800 1,100 49 % *48% 18 67% *27% Curtiss-Wright Jan *48% 20 55 *54 55 67 67% 10% preferred preferred ►54 67% 72% *17% 86% 10 Inc 55 •54 23% 100 preferred Press Prior 3 32% Mar 54 64 $7 Jun 132 55 Cunningham Drug Stores Inc—2.50 Curtis Publishing common 1 24 Va Feb 10 2 700 *54 *63 53% July 17 12 8% July 23% Dec Jan 30% *10% 29 Jun 30% 5 4 % % Cuneo 8 % Mar 20 49% Jan 30 % *26% Cudahy Packing Co common 16 22 Jan 301/4 30 57% common—10 100 preferred 7% 2 7% Jan 26% Apr 31% Aug 20 Jan •:25 190 30'/« 65 30 *102% preferred certificates 6% 25 129% Jan pfd noncum Cuban-American Sugar 18 Feb 4 10 7% July 62 20% Jan 16% Jun Apr 24% Feb Mar 27 6% 200 30% 66 30% 35 % 100 100 preferred convertible RR 23 14% $4.20 preferred No par Crucible Steel of Amer common—25 July 11 28 24 Jun 23 13 185 19% Mar 29 180 Zellerbach Corp Crown 58% July 29 23 25% No par common—5 preferred $2 5 36% Feb 1 9 34 % Apr 48% May 3 Jan 18 99% Jan 14 39% Feb 106 477/8 Nov 24 65'/4 23'/4 11% 1 Cork & Seal common 63 *22% *94% 2 2.50 (Tbe) Wheat Corp of 65% 23% 1 % 100 Creameries of America 65% *22% 3% 25 common preferred 3%% May 22 65% 23V4 23 Vb 1 Corp 8,100 8% 8% 65% *22% *173 —*00 preferred— International Coty 7,900 8 Vb 65% 68% Refining common_25 2 2 16614 May 17 600 2,100 22% ■72% series of 1947.100 pfd 3%% Products Corn HOLIDAY 100 preferred Cum 12% 76% 81/4 *96 SATURDAY Dubilier 3 Va % 8% 8'/a 8% Shares 127/8 *96 Convertible Cornell 76% 76% *12% 77 *48% CLOSED Steel Co common 5 pref 5% series 50 Electric Corp 1 Corn Exchange Bank <fe Tr Co—20 Corning Glass Works common 5 2 48% Jun 19 2 Oct STOCK EXCHANOl Copperweld 2 11 30% Nov 52 Mar 17 49 May 13 76% 13 767/b •12% 13 77% 8% Aug. 1 *30 No par No par prior preferred Copper Range Co $3 77% 8 Vb common—5 Corp Cooper-Bessemer 26 Vs Jan *12% the Weeh Friday July 31 65% 14 Corp Continental Steel 12% 77% 8% Thursday July 30 22% Delaware. of Continental Oil 3 Apr 12% galea tor PRICES Wednesday July 29 July 28 77% 8 10 1 Fibre Continental HIGH 8ALE AND Tuesday Monday July 26 ft EXCHANGE • 15% Feb 12% Apr 24 13 48% July 64 % Nov LOW Saturday STOCK YORK NEW Since Ian. I Highest Range 1961 Year RECORD STOCKS Previous 383/4 39 3,400 333/8 39% 33% 1,900 D 90 32 Jan 100% Mar 16 25 Jun 3 90 July 23 37% Mar 17% Feb 127/a Dec 26 9% Jun 9 95 May Jan Corp common 3%% preferred series A 8 13 27 1 100 Davega Stores Corp common—2.50 5% convertible preferred 20 Davison Chem Corp (The) com—1 Preferred 4.60% pfd series A—50 Daystrom Inc 10 Dayton Power & Light common—7 Dana 2 14% July 24 17% Feb 28 14% Mar 24 15% Mar 11 31% Jan 47 Dec 31 34 May IB 49 Jan 2 51 May 18 57% July 24 2 Oct~29~ 15~ 29% Jan 20 % Apr 14 13% Apr 24 16 Vb 34% Sep 19 33% Feb 19 35% Mar 21 Jan 4 85% Jan 2 100% Feb 7 88 Jan 28 2 Dec 28 84% Dec 26 85 99 July 28 96 26 92% Jan 21 99 %Jun 25% Sep 10 18% Jun 2 24 Va Feb 8 27 11% Oct 4 Apr 16 9% Jan 14 41 % Jan 3 69% Oct 17 Dec 8 104 28 17% Jan 8 % July 24 49 Va Jun 63% Jan 3.90% Records Decca Co & 7% C series Inc 19 3 53% Feb 9 43 Jan 2 51% July 24 Delaware & 2 17% Feb 2 12% Apr 24 15 Vb Jun 12 Delaware Lack & 20% Jan 2 26 23 18 25% Jan 2 Delaware 31% Jan 27 Dec Apr 21 69% Oct 8 62 29 79% Feb 17 x70 15% Mar 29 25 % Dec 2 60% Jun 21% Apr 25% Sep 10 Oct 30 23 5% July 25 8 6 Escrow 16% Jan" 17" 24 Mar 60 Feb 5% Jun 19 6% Jan 11 18% Feb 21 Detroit Steel 36% Nov 26 45% Jan "l9 32% Dec 16% Jen 1 22% Aug 39% Dec 11 54 16 Feb 34 1 27% Jan 9 July 7 43 De Jan 25 19 36% Feb 20 32% Jan 8 35% Jun 8 12% Jun 16 14% Jan 3 24 11% Feb 28 31 Feb 8 Jan 10 Year 12 Dec 26% Aug 16% Apr 9 13 8 26 37% Dec 17 29% Feb 21 14% Jan 19 10% Jan 8 30% Jan 2 14% Jan 2 38% Aug 16 19% Oct 2 31% May 14 16% Jan 16 43% Jun 29 66% Oct IB Apr 119% Sep 11 100 Va Feb 111% Feb 2 99% .Tan 8 20% Jan 22 27% Oct 3 80% Dec 20 93% Feb 1 19% Jan 10 33 Nov 21 10 Vb Nov 21 17 Feb 9 82 26 52 x22 Divco a Va Feb 27 79% May 126 July Jun 20 54% Feb 7 45% Jan 10 9% Dec 26 12% Feb • 8% Apr 28 19% Jun 25 28% Nov 19 Jan 10 30 19 Apr 4 13% Jun 29 Dec 33% Sep Jun 11 158 Jan 21 Jan Aug 19% Feb 2 2 19 Apr 30 22% Apr 17 42 44 40% Jan 1 18 51% Sep 17 50% Sep 14 18 Feb 11 Jun 24 13% May 15 7 36% Feb 27 8 15% Jan 26 97 2 83 19 Sep 26 101% Mar 22 50% 51 50% 51 333% 33 33% 33 Va 33% 33% 33% 21,400 *331/8 333/8 333% 333% *33 33 Va 33 Va 33 Va 33% 331/4 Jan Stove Co 501/4 3,900 14% 143/4 16,000 Co—13.50 24 % 24% 243% 243% 24% 243% 243% 24% *24% 247/8 1,400 78 77% 77% 763% 77 % 77 77 77% 78'A 3,000 *84 85 84% 86% 20 20 85% 20% 86 20 *20 20% 1,900 23% 23% 23% 23% 233/4 10,600 23% 5% 5% 5% 5% 5% 5% 5% 5% 1,300 15 Va 15% 15% 15 Va 15 Va 15'A *15% 15% 2,600 18% 18'% 18'% 18% 18% *18% 18% 18% 181/4 500 23% 23% 23% 23% 233/4 22% 35 % 35 35 *34% 35% *34% 110 110 *109% 6 23% 10 common 351/4 100 *109 110% No par 46 46% 35 % 343/4 Jan 2 16% Feb 23 Apr 28 10 7 3 13 3/s 13% 28 2 18 21 171% July 10 41% July 30 July 15 89 Apr 29 18% May 17 14 12% Mar 11 14% Jan 14 54% May 2 2% Oct 10 44% Jan 52% Mar 29 Dec 8 24 1% Jun 20 2% Apr 26% 26% 35 35 35 35 34 343/4 34% 34% 34% 34% 20% 20 20 V8 193/4-' 193/4 19% 20 19% 21 ' convertible No par 50c 5 12 2 5% Jun 28 7% Feb 23 16 Eastern (E I) Eastman 6% 16% Jun 3.75% 30 % Jun 27 Jun 10 a 22% Jun 6 « 7% Jun 18 24% Feb 13 17% Jan 3 23 71% Feb 6 62% Jan a 69% Jun 66 Mar 26 Fqr footnotes see page 26. 61% Jan 14 8 3* 11 69 May 22 Aug 300 24 23% 24% 23% 233/4 24 24 y8 24% 4,000 83 *82 84 *82 84 82 82 *82 84 36 *32% 36 *34% 36 36 *32% 36 Kodak Co 4 %% Ekco 12 1 50 8 pfd Co 89% 90% 118% *96% 97% 97 50% ♦49% 50% 9 % *9% 93% 23% 23% 23% 23% 24% 24% 24% 24 % 19% 19% *9 Inc common 49 49% 60 93% 23% 23% 2,800 24% 7,500 9% 23% 23% 23% 23% 24% 24% 24 243/s *19% 20 3A 193/4 193/4 193/4 193/4 9% 300 400 *9% *9% 9% 24% 200 700 14% 14% 14% 14% 14% 143/4 14% 14% 1,600 44% 443/4 44% 45% 45% 45% 45 45 'A 14,800 *169% 1703A *169% 1703A *169 3A 40% 40 40% 1 17 17 *17 *87 89 *87 1703A *1693A 1703/4 *1693/4 41 41 41% x403/a 40 3/4 40 3/4 41 3,900 17% 17% 17% 17% 17Vi 17 17 600 89 *173% 18 173/4 18 *973/8 100 *97% 49% *1% 14% 49% 89 *17% 100 *973% 1703A 89 *87 17% *87 17% *17% 100 89 *87 2.50 common *17% 100 17% *973/8 14% 14% 14% 14% 14% 14% 14% 49 493A 49'/2 49% 49 49% 49% 49% 1% 1% 1% 2 — — ——— 200 100 14% *1% — 2 600 3,300 1% No par 15 4 l'A 41% 41% 41% 41% 41% *41% 413/4 41% *12'A 12% 12% 12% 12% 12% 12% 12% 12% 12% 1,200 10 Amer 1% 27% 281/8 503% 27% 28 27% 28 27% 27% 273A 27% 2,800 shares common *50 Electric preferred series A Pittsburgh RR Co *49 41% 2,200 400 51 *49 .4 *49 51 *49 51 50 50% 50% *50% 503A *50% 50% 50% 50% 1,700 373A *373% 37% 37% 373A 37% 37% 373/8 37% 4,300 153/4 3 51 50 50 153/4 15% 15% 15% 15% 15% 15% 15% 15% 1,100 - J 10 Endicott Johnson Corp common 25 4% preferred 100 Equitable Gas Co 8.50 Equitable Office Bldg 1 Erie RR common 2 37% 50 preferred Gas Mfg Co Emerson Radio & Phonograph. Empire District Electric Co Erie & 50% *49 50% 44% 100 Co preference 5% 1183/4 97 ' 10 common Electric 2nd 97 143/4 8 Natural 14,700 903% •118% 973% 44% Electric Auto-Lite (The) conv 90% 90% 118% 973% 90 97 *141/4 14'% Paso 1,800 118% 90% 1183% • 70 113% 11% 11% 11'A 20i% 1 5% 90 118% 24 *19% 100 5% 1183/4 63'A 100 2 Corp preferred Co *32% 113% *49 *49% Elastic Stop Nut Co Ind 11% 11% ►117% 90% *973% Elec & Mus 11% 623% 10 5 preferred Products 4%% 11% ) 97 90 1 Steel Edison Bros Stores 18 July 6 4,100 23% .10 Manufacturing Emerson 29 122'A 102 3A 63 & Co.— preferred Eaton 29 61% Dec 1203A *101 % 8 Eastern Stainless 17% Jan 59 122% 102% 11 % Corp El Pah 3,700 122 % ►101 Va *32% Airlines Inc 20 * I/. 63% 122% 101% 1 Eagle-Picher Co 16 101 623% 122% 101% 97 51% Jun 9 633A 101 % *117% 38% Jun 2 62% 123% 101% No par 51% Jan May 633/4 122% 101 No par 48% May 13 16 94% Apr 20% Jan 63% 1233/a No par de Nem 33% May 1 14% Apr 24 26 HOLIDAY 623/4 101 preferred—100 ; 500 2,800 11,600 83 CLOSED SATURDAY $4 preferred series A Industries common "20 123 Vb No par 15 common 3 22% Feb EXCHANGK No par Chemical Co Pont STOCK 8 Corp Ltd 22% Jan 33% Feb 1,600 I13/8 2 103% Jan 35'% 93/4 113% 16% July 11 700 35 93/4 11% 48% Jun :)(.19%Jun 29 Shares 9% 35 *9% *113% 8 15% Apr 93/4 - 113/4 6 23 Aug. 1 353% 38% Oct 2 9% 93/4 the Week Friday July 31 343/4 52% Mar 20 Thursday July 30 July 29 *11 % 2 19% Jan Sales for PRICES Wednesday Tuesday ny2 26 11% Jun 9,600 12% 25% 35 % 23% Jan 15 26% 123% 113/8 48 % Jun Nov 26V4 12% 26 35% Elliott 16 y8 Mar 16 26% 12 11% 28% Mar 24 _ 1,100 23,200 353/4 24% Apr 18 13% 12% LOW AND HIGH 31vb Oct 13 13% 12% 253A 93/4 700 13% 12% 253/4 9% 200 1,900 11% Eastern 16% Jan 21 102 343/8 35% Light Co DWG Cigar Corp Jan 18 46 34% 13% 12 July 28 1101/2 35% *34% 25% Monday 110% 13% 11% July 26 1,000 453A 123% 6aturday 4,000 35% 46 46 46% 22% ♦34V2 35 % 13% STOCK Duquesne 28% Jan Jan *109% 35% 111% 133% 35 133/8 50c 2 Ltd 112 46 22 3/a 23 *34% 35% 2 Preferred $3.50 series- Jun 48 46% 46% 28 Co 62 *59 62 1,300 153/4 5% 15% *18% 2 *59 62 *59 62 *59 62 1 1 Co 23% 233% 233/a *59 23% No par Mines 700 50% Preferred $4.50 series July 2o % Jan 1,700 143/4 common Car 51 *501/2 51% Common 1 99 28 % fa 14'A Storage Battery Elgin National Watch Co Jun 51% 33 % 49% 16% Mar 19 8 51 333/8 14% 43% Mar 18 Oct fa 52% 513% May 1 11% Jun 12 94 fa 52 13% 40 26% Nov % 1,700 33% No par 3%% Jan 20 8,000 84,800 50% 46% Sep 21 16% Jan 12 12% July 17 16% Apr 20 81/2 'A 13% 25 July 20 19% 83A 50 3/4 22% Jun 12 193/s 8% % 13% Dresser 8 7 lOVs Jan 19 l%Jan 19% 8% % 50 Cup Co Pepper Co. Dow • 51 - 28 44 % Dec 19% 83% 14 Douglas Aircraft Co Inc 1 119% Apr 25 Nov 15 19% 83% Dr. 16 Feb 92 1 45 25 19% 83% 95% 95 *94% 50% Duplan Corp 8 Jan 19% 8% 20 Dunhill International x92% Jan 11 19% 8% 84% 12% Jan 21 23 95 19% 8% 20 36% Mar 18 106% Feb 22 19% 84% 22 Jan 19 30 20 98% 201/4 9% May 18 90 % Dec 31 95 *97% 85% 32 t Jun *94% 98% 20 84 *114% Jan Dec 943A *97 % 84% 11 3 15% Jan 90 943/4 98 % 100 8 80 Va Jun 8 96 95% 95% *97% 34% du 81 95 *94 93/8 Dome .26% Apr Jan 182 94% 95% Dixie 2 105% Mar 29 125 11 2,500 Corp Doehler-Jarvis 65% , 102% May 36% July 2 15% Jun 28 35% 100 YORK 21 Va May 20 29 29 156% Dec 35% *94'% EXCHANGE 12% May 13 36% Jan 2 17 10 99 July 10 35% 98% preferred NEW 37% Jan 77% Jan 41 y8 353% 13% Diana Stores Corp Distillers Corp-SeagTams 1 12% Jan 21 Nov 35% 76% Motor Highest Jun 10% Dec 112% Nov 27 35 Va 8 Match $1.50 cum Range Bine* Jan. 1 Lowest 33% Nov Dec 35 Va STOCKS 1951 Highest 20 35 50 preferred cum Range for Prevlons Lowest 35% 1,600 95% Co Diamond T 12% July 30 8 21% May 27 13 2,300 94% Corp Alkali 4.40% 23 19% Feb Jun 16 Vs *97% Reynolds class A Diamond 20 8% Jan & Diamond 52% Mar 31 13% Nov 24 24 Vilbiss Devoe 21 114% Feb 106% Apr 29 44% July 17 500 16% 16 94% & S W RR Co^lOO Detroit Hillsdale 29 18% July 11 14 57% 16 preferred Detroit-Michigan 1 9 37% *57% 15% 20 3 13 19% Mar 371/2 57'A 153/4 *94 Detroit Edison Jan 29% Mar 373A 57% 16 50 Derby Oil Co (The) 17 23 14 Va May 23% July 20 24% Jan 55% Feb 20 37% 57 153/4 common ctfs for 6 Jan 373A *56% 16% 98% Western for Escrow ctfs 6 2 Mar 64 82 % Jun 89% Jun 19% July 21 6 37% 57% 16 & Rio Grande West RR— 4 Mar 37 % 57% 35Vo 100 Hudson 27 Feb - 37'% 57% 951/4 preferred Denver 48% July 153/4 10 Power & Light 37 *143/4 20 Jan 25 25 153/4 37 36% *571/4 1 10% July 41'A Jun *143A *143/4 •'!97V2 common new 34 % Apr 30% Jun 153/4 9% 15% 15% fa Deere 97/a *94 Rock Oil Corp— Deep 33% July 25 *9% *9 Va Rights 25 9 97% 50o series B Dayton Rubber Co 3/a July 23 25 31'A July 9 10 91 *901/4 *9% *143A 9% *9% *143/4 100 100 100 series A 3.75% Preferred Feb 8 Jun 91 3.75% Preferred 19 33% 91 *90V4 9% 50o Preferred July 15 96% Jun 33% 91 *9% No par 100 50 113/4 11% 113/4 11% IP/4 11% 113/4 12 11% 11% 5,700 22% 22% 22% 22% 22% 23 22% 23 223/4 23 2,900 29% 2,300 29% 291/8 29% 29% 99% 20% 99% 99% *99'A 20% 20% 21% 21% 21%; 21% 21% 6 3/a 6% 6% 6 V2 6% 6% 6% 21% 2PA 68 68 *66 69 *99 21% 213/4 68 683A 29% -21% . 29% 51% 213A 29% 293A 99% 99% 21% 213/4 3,700 63A 6% 6% 6,400 21% -;; 21% 21% 7,600 68% 900 29 % 100 *99 100 " . 68 ..68 / 68 v , 68 683/4 69 69 210 • *66 69 *66 69 *66 . .69 30 Volume Number 5139 176 . . . The Commercial and Financial Chronicle (431) 19 NEW YORK STOCK RECORD Range for Previous Year * Lowest Range Since Jan. 1 Lowest Highest 5% July 27 13% July 11 11% Jun 28 37 STOCKS 1951 Jun 1 LOW STOCK Saturday Par , * AND Monday July 26 HIGH PRICES SALE Tuesday July 28 Sales for Wednesday July 30 July 29 Thursday 11% July 30 5 Evans Products Co 6'A 6 li 5 12% Jun 11 *nv2 Dec 14 44 Eversharp Inc 54 1 53 11 12y4 12 y4 12 y8 12% 12 12 y4 1 Ex-Cell-O 3 52 »A 52% 52% 52% 52% 53 V8 53 2.50 »2% 2% *2% 2% *2% 2% 13 4y« Feb 26 Jan 22 May 17 2% Feb 27 Feb 3% Feb 15 Eureka Williams Corp Corp Exchange Buffet Corp 6% *6% 6% »11% 12 6% 6y8 5% 11% 12 Friday Aug. 1 July 31 Apr 16 31 5% May 3 YORK EXCHANGE 6% May 16 15% Mar 4 18% Apr 25 2% Dec 8% May NEW Highest 11% 11% 6 *5% the Week Shares 6 1,900 11% 11% 1,400 14 v8 l;sy8 12% 2,000 53'/a */8. 11% 53 53% 1,80 J 2% 100 4,000 *2% 2% 27/a F 26% Dec 27 27% Dec 28 21% July 20 26 y» Feb 2 12 'A 17 y8 Feb 19 July 30 13% Jan 9 16% Dec 21% Apr 17 27% Jan 3 21% July 18 12% Jan 3 23% Jan 11 Fajardo 16 y* Jan 29 Falstaff Brewing Corp 1 Family Finance Corp Fedders-Quigan Corp 1 3 ia% Jan 2 19 y« Jun 4 11% Jun 28 29% Mar 27 12% Feb 28 15% Apr 22 46% Dec 12 51% Dec 48% Feb 19 67 25 31 50% Jan 2 82% Oct 9 23% Jan 6 31% Oct 25 5 Nov 100 Dec 26 8% Feb 54% Feb 5 14 13% Jan 2 17% Jan 65 106 1 44% July 25 Jan 3 26 13 Jun 16% Jan 19 38% Apr 2 79% July 25 31 50 Oct 19 107% Mar 17 104 28 40% Aug 16 14% Apr 13 3 May Jan 1 *69% Jan 12 107 34% Mar 13 41 25 Jan 2 33% Oct 15 9% May 17 27% Mav 1 92 Dec 3 106% Feb 20 96 21 Dec 19 28% Mar 21 2 19 Vb Aug 21 28 26% Dec 10 25 % Jan Dec 31 17 Jan 12 18% Jan 2 25% Feb 13 19% Mar 30 26% Oct 5 26 33% Apr 100 2 • 54 Feb 32% Mar 20 National 1 Florida Power Corp July 31 Florida Power & 3 14% Mar 14 Follansbee Steel Food Stores 14 14 42% May 28 99% May 1 15 90% Jan 98 Apr 25 66% Jan 114 2 28 Jan 29 Fair $4.20 Food 16% Nov div pfd cum 10 Jun 29 14 July 10 24% Nov 26 75 Dec 30% Jan 22% Apr 3 76% Jan 10 Feb 56% *55% 56% *55% 56% *73 75 74 75 74% 75 35 35 35 *34% 35 *55% 74 35% 35% 35'A 5y4 5ya 5»A 5% 44y4 42% 102% 102% 35 10.% 13% 13% *13% 30 30% 29% 77%' 41 78 78y4 64y2 106 62% 11% 28% *99 41 11% i2 2)% 29Va 100 21% *99 21'A 77% 63'A 77% 63Va 105'A ♦105% 40% 12 11% 29% 100 21% 11% -28% 29V* *99 21% 100 21% 21%, 21% 21% 21'A 30y8 30% 30»/a 30% *14% 14% *14 *14 * *102% 103% 13% 300 29% 29% l.bu.i 77% 1,500 65 5,10 77 64% 64 % 11% 105% 105'/4 40 42 *41% 42% 700 11% 29 11% 29 100 100 21% 11% 21% 3,lu 29 28% *100 3,700 100% *21% 21% 700 21% 21% 21% 16,100 30 30% 6,000 14% *14 14% *14 14% 18% 183% 18% 18% 18% 18% 18% 18% 18% 18% 1,400 21% 21% 21V2 22 22 22V2 22% 22% *22% '-51—15 of 22% 2,900 *96V2 *96V2 97 97 *96% 97 97 *96% 97 95% 96 20% 22'A 1°% 20% 2"v„ 15% 15% Co No par 15% 47'/2 47 47'/2 104V2 *96% 46% 47% *103 46% 46% 961% *95% 21% 20% 20% 20% 15% •15% 170 96% 21 140 19,700 15% 15ya 1 *12% 13ya n2% 13 u 13 13 12% 12% 42% 42% 42% 43 43 43 42% 43 42% 43 1 153/4 15% *15% 16y2 16i/2 lfi,/2 1 24% 25 25 25% 25Va 95% 25% 25% 83 83 *83 83% 83% 83V* 83% 83% common preferred 3,900 103 103 103% *95% 10 Co Co j 50 31 *103% Trailer 1 106 21% 96 Sulphur 190 13% 30 30% 104 4% 4,700 30% 47y8 Sugar 43% 21% 30 14% 21% 21% par *4 43% 77% 63% 105% 41 400 2,300 13% 77% 62% 106 41 *105% 41 78Y* 44 5% 1021% 102% 13% 63% 900 5% 44% 30 y8 *105 >A 1,200 5% 13% 102% 44 96 sco 5% 30 44 103% Franc .. 5'A 96V2 Fruehauf 84% Mar 20 9,700 *55% 74 56 75 47% 26 11 15% 13% Froedtert Corp Jan 15% 30% 3%% 18% May 21 4 95 3 2 14 15% 104y2 Freeport Jan 15% 102% Franklin Stores Corp 4 15% 96%. 46 9 Feb 15% 47y2 13% July 14 15 15y2 56y2 103% 10% Jan 3 15'A 10 35% May 20 27 15% preferred—100 preferred 100 Foster-Wheeler Corp lo 49% Sep 17 y8 Oct 29 35% Nov 4,600 30% convertible 19 18 17% 1 Machinery & Chem Corp 3%% 14% July 23 Feb 17% *13% common ser 24% May 11 13y2Feb 9 24 17% 10 Inc 19% May 16 1 17% 5»A No par Corp 98% Apr 24% July 9 17% 7% Florsheim Shoe class A 10 1,500 17% *102% __ 24 9 15% 44% Light Co—No 23% Jan 30 15% *35 y4 No par 16% May 15 July 21% 15% 75 (The) Carpet Co__ 5 Flintkote Co (The) common__No par $4 preferred No par Florence Stove Co —1 21% Aug 18 24% 21% 15% 5 Stores 7 13y8Jun 24 21% 15% 44 y4 Mfg Co 8 31 24% *21% 15% 1 Tarrant 4 Dec Jan 1 24% 21% 15% 17% *55 Firth 101 25 HOLIDAY N Y 10 Firestone Tire & Rubber com__12.50 4%% preferred 100 July 24'A 21% 15% 17% 15 y4 SATURDAY 5 Oorp First 24'/a 21% 17% Fidelity Phoenix Fire Ins July 25 24% 21% 15% 17x/2 __100 Mar 102 Apr 9 87% Nov 30 & Ferro 24 V8 21% 15% 24 5 preferred .Tan 110% Dec 94 23 Felt 24% *21% CLOSED 2 Federated Dept Stores common 4%% STOCK EXCHANGE No par 19% Apr 92% Jan 27 50 Mining & Smelting Co 2 17% Mar Jun 13% 2 Apr 12 May 20 19% May 21 90% Dec 10 18 Sep 17% Jan Jun 29% July 18 35 21 104 68% Mar 4 A Sf!!era!""5!0?ul Truck Corp, Federal Motor 21 4% May 1 common ser Federal 103 10% Nov pfd cum 76% July 21 100 70% Dec 54% Nov 20 conv 35% July 17 5% Jan 11 4 Jan No par 20 28 Apr 78 Co 28 37% Feb x38% Aug 29 21 & Apr Jan 18 3 Jan 5% Morse Sugar Co 28% Feb 2 30 38% Oct 66 Apr Fairbanks 100 . *m8 16% *16 15% 16% 15% *16 1,700 200 2,700 16% 300 25% 25% 6,200 83% 83% 320 G 6% Nov 20 10 % Mar 21 11% Mar 29 19% Oct 19 20 Ve Jan 6% May 17 23 13 Jan 2 7% Jun 13 36 9% Feb xl5 19% Jan 9 8% Jan May 15 4 23 IK 20 % 9 .Ihd July 28 6% May 15 8 % Jan 8 38% Jan 12 Gabriel Co Galr Co (The) l Inc (Robert) preferred 6% 6% 1 common 17 20 Gamble-Skogmo Inc 20% 6 % *6% 17 20'/a *20 A 7% 7% 7% 36% 36% 36% No par 5 *23% 2 25% 36 18 May 15 19% Jan 21 20 Jan 3 26% Oct 15 22% May 20 25% Jan 2 18 Jun 28 26 % Oct 15 22 % Feb 5 6% Jan 12 8 8% May 40% Aug 24 36% Aug 30 0% Apr 33% Apr 16 8% Jan 22 Gar 1 15 41% Jan 22 6% 27% Jan 18 33% Jun 25 4%% convertible preferred. 50 Gaylord Container Corp 1.66% 26% Feb 21 31 27 *31% 31 Jan 10 23% Jan 25 20% Jan 2 31% Dec 102% July 5 107 % Mar 48% July 9 58% Feb 10% Jan 2 12 149 5 Jan 15% Jun May 80 9% Jun Jun 105 % 3 May 13 61 9 28 17% Jun 23 General 11% Feb 2 32 Jan 122 9 Jun 29 27% Oct 18 24% Jan 16 29 41% Jan 26 37 % Jan 14 20 64 % 6% Jan 18 39% Nov 19 91 Dec 7% Nov 8 8 53% Oct xll8 Jan General Finance 49 July 30 96% May 22 General Foods 5 10% Jan 12 General 52% Apr 17 Jan 12 General Mills 118 Jan 2 105 Apr 18 125% July 28 lib Jan 4 Year Lowest 46 Jan 2 Nov 29 Lowest 3 50 Dec 5 105% .Tan May 22 21% Feb 6 31% July 30 40% Jan 10 17% May 19 27% Aug 31 3 Jun 27 2 22 Jun Feb 21 59% July 31 11 124% May 29 3 Jan 2 20 10 J«n 23 3% Feb 20% Jan 3 28 % Oct 8 25 Jan 12 119 17 5 4% July 31 24 10 Jan 9% Jan 130 24 22% Mar 20 31 Jun 4b 16% May 14 Feb 31 23% July 31 34% Feb 20 21% Dec 29 Dec 115 4 July 34 2 May 15 Dec 28 119 27 Jan 2 32 Jun General $5 343A July $3.75 40 General 29% Jan 2 31 Apr Jan 3 89 Mar 10 72 Jan 28% Jun 3 Tan 26 100 ■io va 3 Dec 27 92 Jan 16 76 16 77% Feb 18 17% Jan 10 26 Apr 14 173/4 July 21 23% Jan 5 24% Jan 2 Sep 21 30% Jan Mar 20 9 33% Mar 21 99% July 24 16% July 2 86% Dec 21 24% Feb 5 93% Apr 22 15% May 0 94% Jan 30 82% July 15 18% July 3 223% Feb 16 18 27% Jan 2 48% Sep 9% Jan 26 34% May 7% May 31 1 Apr 18Va Jun x8b Jan Gillette $5 (The) $4.50 20% Jan 7 42% Jan 24 8% Jan 18 Jun 19 Brothers 30 30 300 17% 17% 17% 600 120% 120 % *120% 121 % *120% 121% *120% 121% 70 31% 1,800 62% *120% 121 % 32% 32% 32'% *31% 32 313/4 32 38% 32 '/a *95 38% 38% *38 38% 38% 38% 62% 8% 125% 100 8% Gleaner *111 125% 118 Harvester 63 63% 10 10% 5,500 48% 483/4 10,600 96 96 8i/4 8% *95 8% 125 *124% 126 ♦1243/4 *109 116 *109 116 55% 56 55% 58% 58% 123 200 8% 55% 1,900 56 1,400 *124% 126 50 *109 116 PRICES Sales for July 30 122% 56 ' Wednesday July 29 5874 96% 8 126 118 122% 102% Jun 6 Thursday Friday Ju'y'3l Aug. 1 58% 59i/2 59% 59% 59% 122% 122% 122% 122% 122% 59% the Week Shares 38,200 123 1,900 99 STOCK 99% *99 99% 99% 99% 99 Va 99% 500 23% 23% 23 % 23 23% 23% 23% 23% 23% 1,000 44 % CLOSED 99 23% EXCHANGE 99 45 45 45% 45 45% 45% 45% 45% 45% 5,000 20% *20% 20% 4% *32 % SATURDAY HOLIDAY 20% 4 23% *120 23 % 33 20% 4 x23% 32% *120 123 20% 20% 20% 20 % 4% 4% 4% 4'/a 23% 23% 23% 23% 32% 123 32% *120 10 10 % 10% 10% *10% 33 123 33% *120 10% 10% 33% 123 10% 20% 1,200 4% 25,600 4% 4% 24 23% 24 19,400 33% 33% *120 900 123 *10% * 10% 800 23% 23% 7,700 38% 2,200 22% 22% 22% 23% 23% 23% 23% 1 ♦38% 38% 38 38 38 38 99 % 38% 99 % 38 No par 99 99% 98% 98% 99% 99% 99% 9a3% 90 20 32 Va 32% 32% 32% 32% 32% 32% 32% 32% 33% 8,300 30 30 30% 30% 30% 30% 30% 30% 30% 30% 1,600 *101% 102% *101% 102% ♦101% 102% *101% 102 % 30% 29% 30% 23% 30% 29% ,30% *101% 2.50 Co 30 102% 30% 30 23% *38 *84% 85 % *84% 85% *84% 85% *84% 85% *84% 85% *75 79 *75 79 *75 79 *75 79 *75 i 5,300 79 1 18% 18% 18% 18% 18 18% 17% 18 17% 18% 5,500 1 31% 32% 31% 32 31% 31% 31% 32 31% 31% 3,000 99 99 99 99% 99 % 99% 700 17% 17% 17% 17% 17 16% 16% 2,900 *82% 84% *82% 84% *82% 84% *82% 84% *20 20% 20'/a 20% *20 37 36% 37 *98 99% 5 17% *82% 2.50 17% 83% ♦98 "93 17 20 20 20 20 20% 600 No par 36% 36% 36% 37 36% 36% 4,500 ...1 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 2,600 100 *127% 129 % *127% 129% ♦127% 129% =•127% 129% *127% 129% Inc preferred 20,000 10% 49 125 53 V2 3%: 10 48% 8% SALE 63 200 96% *95 8% 623/4 39 *38% 10i/a 56 122% Stock Telegraph Co 104% Aug 14 $5 63% 31% 40 49 56 5 Corp Goodrich Co (B F) 29 ; July 28 No par Goodall-Sanford 105% Feb 8% 9% Tuesday Monday July 26 10c Glidden Co (The) common Goebel Brewing Co Gold & 62% 48% *110 56% 56 No par preferred 72% July 23 10 common__No par No par ' 36% 18 18% 18% 18% 18% 18% 18% 18% 18% 18% 1,200 71% 72 71% 71% 70% 71% 70% 70% 70% 70% 6,000 *100% 101% *1001/4 101 % >100% 101% *100% 101% ♦100% ioiy2 Goodyear Tire & Rubber— 26 50 Oct 19 6 40 May 5 47% Jan 29 Feb 8 104 Jan 3 107% Apr 8 17% Feb 13 2 8 Apr 29 10% Jan 4 8 67% Jan 24 109 Mar 14 51 6 Aug 16 4% Feb 5 ' 49% July 2% Jun 3% Feb 8 6 3/4 July 10 29% Nov 21 103A Jan 43% Mar 17 28% May 33 21% Jun 28% Mar 16 21% May 24% Jan 30 104% Jan 30 33% Jan 2 29 9 6% Jun 97 27% Apr 883/4 Dec 24 Oct 9 17 103% Feb 14 12 29 18% Feb 5 38 2 34 2 2 Feb 9% Feb May 27% Feb 21 Jan 2 91 99 11% Mar 17 31 May 16 15 May 26 May 26 July 17 35% July 18 8 Common $5 ___No par Granby Consol Union 5%% Grant cum conv 16% Sep 26 13% Jan 2 15% July 3 Gt Northern 29 573% Feb 14 46% Feb 27 55% Aug 1 22% Jan 4 17 4 Great 138% Jun 28 154 Jan 30 140 73% Jun 29 82 Jan 22 65 35% May 24 44% Oct 9 22 38 6 * Aug 30 36 9 3 July 1 Mar 20% May 19% Mar 149 Jun 27 S & Co ! 12% Jan 3 11% Jan 3 6 94 Jan 3 ' . Iron 54 2% 2% 2% 5 8% 10 ♦30% 12.50 23% 100% 5 com *30% 1 Ore Prop__No par preferred Bay & Western 8 Green (H Co 22 '•j *52% No par Ry 6% pfd Western Sugar com Green For footnotes see page 20. , 100 2 12 May 29 86% Apr 7 54 45% 106 100 preferred RR No par No par 100 100 46% 2% 2% 8% 54 2% 45% 46 4,700 1 106% 106% 600 *8% 8% 600 56% 200 2% 13,700 *55 2% , 500 8 8 *7% 30% 30% 30% *30% 31 ♦30% 30% 400 23% 23% 23 23% 22% 23 22% 22% 12.000 *100% 101 % 101 31% 97 97 15% 16 35 35 8 8% *8 8% 100% 100% 30% 30% 30% 30% *96% 97% 97 97 15% *34 16 35 15% *34 8 100 100 *97 30% 30% 30% *96% 97% *96% 16 15% 16 35 34% 34% 99 31 3,100 1,100 110 97% 15% 16 34% 34% 3,500 150 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 1,100 52'/a 53 '/a 52% 53% 53 5°% 53% 54% 54% 55% 17,500 17% 800 17% 17 *142 ' 143 *17% *142 *65 % 17% 143 *37% 38 37% 38 Greenfield Tap & Die Corp..No par 21% 21% 21 21 67% 17% *142 *65% 38 *21% 17% 143 67% 38 21% 17% 142 *65% 37% *21% 17% 142 67% 17% *142 *65% 144 30 67% 38 37% 38 21% 21% 21% 3,100 400 - j.< (The)— Common 4%% 2% 54 45% 107 30% 8% 1 Inc 2% 54 45% 31 67% L) 54 46 23% *65% Greyhound Corp 192% Mar *52% P. Stores 26% Jan 2' 4 common 41% Jan 28 8% common 67% July ■ 2-'» 7% 8% No par Gt Northern 6 July *106% 8% preferred 453/4 Jun Jan 106% 9 preferred Grayson-Robinson $2.25 106% *8% (The) Steel (W T) 3%% M Co City 45% 106% 9 Inc Graham-Paige Motors Granite 45% *106% *8% No par Hosiery Gould-National Batteries Grand 45% 106 No par preferred Gotham xl8% Dec 28 783/4 30 *171/4 95 common 18% May 22 Dec 783/4 *29'/2 17% 95 preference__No par 3 10% Jan 783/4 291% *17% 96% common convertible 8 1 Co 20 91 *78i/2 29% 17% 100 16% Mar ■ 783/4 30 17% 100 55% Feb Feb 78% *29 17% 10 com Plywood 19 , *78 V* 29% 48% preferred 18 313/4 Aug 13 3/8 Jan *78 y4 78 y4 29 y2 47% preferred 3%% Gimbel 5 134 4%% 66% Sep Jun 5,900 .100 243A Feb 2% Jan 1,50) 10% No par Rubber 16% Nov 23 45 17% 10% 10 preferred & 120 1/3% 10% 62% Time Corp common__No par Tire 153 1/% 10% *38 100 Georgia-Pacific 30 15 124% May 24 4%% 153 171/4 10% 17% 1 com 153 17y4 10% 10 5 153 17% 10% 63 No par 152 152 17 y4 10 '% 78 Va : Saturday Steel General 152 17 y8 10% 48 Realty & Utilities 42% Jan 9% Dec 151% 17 y8 10% P'% preferred 3 1 81 Mar 152 17 47% 10c 102% Jan 25% May 30 Dec *i5oy2 No par General 96% Jan 403A Nov 2,200 common 2 31 104 3,100 11% 58 LOW AND HIGH Jan 81% Dec 8 160 59% 11% Par 1 18 101% Jan 103'% 591/4 11% 1 Corp Castings $6 pfd General Telephone Corp 25 140 102 3% 59 Shoe 25 Oct 3 102% 11 Va 50 Refractories 21 Jun 33% Aug 5,700 3,400 59 No par Railway Signal 92 6 2,400 63% 1021/4 No par' Eqp Corp 36% Feb Gen 300 32 uy4 Public Utilities Corp Jan~17 7 36 313/4 58% STOCK Precision General n 6% *35% 32 1021% Public Service 233/4 July 31 July 14 6% 36% 31% 11% 100 General 3 10*% J: 63/4 *35% 31% 58% Advertlsing.No par General 29 6% 36 y4 31% 32 *102% preferred General 6% 6% .36% 22 y2 Portland Cement Co General 6% 36% 32 l Outdoor 2 25 6% *35% 36%' No par General 3 Jan Jan 10 6% 4,300 11% 100 General 10% July 121 40 Jan 26 102 »/2 5 series 9 105 120 25% No par 25 24 7% Nov 20 25% 58 V* Corp Corp Jan 29 100 25% *11 y8 com YORK Motors Preferred General 33% Jun 6 25% 25V8 102% No par preferred 6 101% Apr 91% Dec '25 Va 11% common 8% Jan Sep 33 25 58% No par Jan 39% 101 25% 102% conv)__No par Corp 20% Jun 8 8UJ 19% 11% EXCHANGE tQ*% Jan 10 18 NEW Highest 119% Jan 2 94 16% Jan 24 V8 19% 58y8 No par 5% preferred 3%% convertible Range Since Jan. 1 54 May 126% Jan 24 STOCKS 1951 Highest 119 24 *102 y2 preferred Range for Previous 24 5 ... Instrument 8 800 24% 5 Corp 10% July 30 3 4 19% *24 23% Co 4 123% Oct 19% 24 29% com cum 18 60 *19% 24 *19 29% 100 ($2 Jan Feb 19% 24 291/2 common Electric $3.50 400 . 29y2 Dynamic Corp common___3 General 4,900 37 29% preferred Preferred 6% Jun 3 128 July 16 7% General 300 7% 73% 37 29% 2nd preferred Cigar Co Inc com Apr 90 8 65% Jan 13 7% Jan 41 2 11% Mar 6 109% Dec 16 18 105 26 Dec Oct 48% Jan 5 3 400 4,200 29% conv 8 7% 37% xl9% 17 20% 29% Corp 4% 32% Apr 40 Mar 17 Bronze 4% 13 17% Jun 71/4 *36% 6% 16:% *20 A No par General 9 17% July 7 '/4 37 4 *6% 6% 17 20% 29% preferred 9 10 36 y2 19% 7% 37 61/2 16% *29 A 100 Co 14 Jun 16% May 25 $8 19% 201/4 com..] Transportation Cable Corp 1st preferred May x29 8 com Investors General 26 Inc $4.50 preferred Feb 79 63% Sep American Baking 17% Jan 4 (The) Amer 34% Jun 49% Jan General Co Industries General 159 13 Jan Corp Wood General 8 115 Garrett 4 Jan 26 (The) 30 74 Apr Co Jun 7 125 Gamewell preferred Gardner-Denver 11% Apr 17 151% July 29 153/4 Feb 27 13 Mar Apr Mar 14 34% Feb 29 30 Jan 11 19% Mar 19 11% Sep July 51 % Jan 4 2 29 15% Jun 102 6 2 26% Jun 111 0 26 Apr 162 29 8% July 72% Jan 7 26 convertible 6% 17 *20 A 7% 33% 9 3 5% 6% 16% 20% 5 40% Oct 21% Jan 16 6% 17 50 common May 29 17% July 19 Apr 16% preferred 3 11% 12 100 94% 94% 11% *94% 12 95% 11% ►94% 12 95% 11% ►94% 12 95% 11% *94% 12 95% 17,000 .. 20 I . and Financial Chronicle The Commercial 20 1952 Monday, August 4, . . . (432) NEW YORK STOCK RECORD Sales for LOW AND HIGH SALE PRICES STOCKS Previous Range for 1951 Year 277% Jan 25 21V4 Jan 10 11 33 '% Oct 59 3% 68% Feb 10'A Jan July 2 25 8% July 18 9 14'% Jun 13% Mar 21 9 20 Feu 120 5 63 -Feb 27 73 99 Dec 5 104 Feb 13 17 14 97 Dec 27 110 Feb 14 98% Jan Jun 44 58% Sep 1 23'% Jan 21 25 Gulf 25% Aug 7 2 dividend preferred-——100 dividend preferred 100 $4.20 106% May 20 $4.40 30% 9% 36% 72% 35% 71 54% 25% 29% 9'% 36% 30% 9% 36% 29% 9% 36% 72% 72% 72% 72% 55 25% "100 100% 103% 104% 100% 100% 105 105 "104% 105% 14,300 2,000 9,400 1,500 72% 72% 54% 55 25% 25% 100 100 *103% 104% 54% 55 25% 25% *100 100% "103 104% 55 25% 54 25% Shares 29% 30 9% 9% 36% 36% 30% 9% 36% 72 29% 9% 29% 9% 36 54% 54% 24% 25 "100 100% Co com.No par Gulf States Utilities 1 103 May Corp—_ Oil 3 97% Jan No par -25 preferred $5 28% 9% 35% *71% Mobile & Ohio RR com_No par Gull 58% .Un 1 Mar 26 50 % May 20'% May 23 18 Jun 25 1 .ll Sugar Guantanamo 37% Jun • ;_1 Corp Grumman Aircraft 31% July 15 23 '% Apr 29 19'% Jun Par EXCHANGE Highest Lowest Highest Lowest the Week Friday Aug. 1 Thursday July 31. Wednesday July 30 Tuesday July 2!) Monday July 28 Saturday . July 26 STOCK YORK NEW 1 Jan. Since Range 15,200 7,100 300 170 H 30% Mar 26 9 30 y8 Feb 28 33% Oct 30'% Jan 19 50% Nov 29 15% Apr 4 12% Dec 31 15% Mar 14 73'% Jan 11 84 101 102% Jan 17 154 Jan 17 22% July 2 30 Jan 5 x5% Dec 18 8 2 Apr 21 21 26 2 36% Mar 9% May 20 12% July May Nov Sep 15 16 14 Mar 28 % May 97 13 94 6% Apr 19% Jun 37 Mar 84 5 1 30 26 34% Apr 23 % Feb 24 Feb 27 100 24 38 Jan Jan 21 67 9 20 21 127% Mar 15 3 44% Mar 12 37% May 21 42% Feb 54 51% Jan 53'% Mar 26 49 Dec 14 20% Jan 15 Mar 29 3 28% Sep 4 26% Aug 9 6 16 Nov 16 86% Jan 31 70 Apr 104 Nov 6 106% Dec 11 95 % 17% Feb 13 14% Jan 127% July 18 18 % Mar 29 10 Nov 2 20 Dec 20 16% Mar 21 11% Mar 31 10% July 24 29 9 Feb 20% Jan 7% Jun Hires Co 22% Apr 15 9 25% Mar 14 2 18 4 <11% Jan- 17% Nov 23 22% Feb 8 17% Jun 31 28% Jan 23 x26% Jan 4 29% Mar 21 33% Jan 2 39 33% Dec 3 42% Feb 19 2 66% Jan 19 54 July 30 52 July 42% Jan 94 11 Dec 69 26 105 Jan Jun 3 69% Feb 2 Apr 30 63% Jun 25 94% Jan 2 3 13% Feb 4 35% Jan 18 17 30% Jan 20 37% Oct 16 32% Mar 21 30% Jan 20 42% Dec 24 41% Jan 29 7 ,102% May 29 12% Mav 11 % Jun 15% Feb 4 May 16 102 Mar 25 88% Jan 84 Nov 90 Dec 5 107% Jan 18 Jan 11 17 Jun 22 20% Apr 24 18% Apr 19 22% Jun 12 Houston 54% Apr 4 i 67'A Jun 3 85 !4 Houston 10 16% Jun 3 19% July 28 99% Mar 23 17% Dec 75 2g 1 Oct 21% Jan 94 12 Oil Stores Corp Sound 24 24% Jun 6 5% Jan 2 Hudson 5% 4 Jan 12 Co & Manhattan 9% Apr 65 Oct 3 52% Apr 66% July 31 Hudson Bay 12 Vt Nov 16 20% Feb 26 12% Feb 15% July 24 Hudson 16 % Aug 30 28% Feb 14 167% Jun 20% Jan Hunt Oct 2 19% Mar 27% July 30 4% Jan 19 3 18% May 15 23% Oct 6 18 . 7 Jan 21% Aug 1 Year Lowest Range Highest *31 313% 87 *84'% 87 313% *313% 95'% 31% *94 95'% *94 95'% *94 95'% 200 6,800 313% 31'% 32 37% 37'% 37'% 37'% 37'% 37 ;' .. 22% 37 37 183% *183% 19'% 73'% 73'% 19'% *18'% 73'% 73'% *1213% 124'% *1213% 123 74% *1213% 20a 1,800 72'% 74 *121% 123 743% 123 490 18% 183% 19'% *18'% 74'% 123 2,800 1,000 283/4 39 38'% 38'% 383% 393% 39 383%. 383% 52"% 52'% 52'% 52 3% *523% 523% *523% 523% 52'% 52'% 24 24 *23'% 24 *23'% 24 24 200 24'/a 24 *2334 16% 173% 17 % 18 18 18 7,300 73 72'% 72'% 96 96 96 210 15 14 % 15 1,000 20% 20 y2 17% 163/4 72 39 17% 17% 72'% 96 72'% 72'% 96 95'% 95'% *72 96 72 *95"% *72'% 96 15 14% 15 500 100 15 % 14% 15 20% 203% 203% ' *20'% 20'% *20 20'% 10% 103% 10 3% *10% 10% *10% 10% 103% 10% 400 10% 217% 21% 22% 213% 21% 22 21'% 2,100 213/4 9 *8% 18 18% *143% *20 *8% 18 36 36% 55 28% 28'% 36 36'% 54 54 543% 56 56 100 *99 36'% 357%< 36'% 2,800 54'% 54-3% 553% 600 8% 57 100 " 13'% 13'% 13'% 13% 13 3% 33% 33 y4 33'% 33'% 47%' 471% 47% 47% 47 % 94 93 93 93 93 93 *101 102 21'% 39'% 213% 33% 500 47 7% 1,400 75% 19 19 23'% 23% 64'% 64 % 300 24'% 4 3% 24% 24'% 4,400 *43% 300 11.100 66'% 66 3% 66 66 3% 65'% 15'% 15 15'% 14% 15 14% 14% 18'% 18 18 18 18 18 18 33% LOW AND HIGH SALE PRICES Wednesday 21'% Thursday 900 the Week Friday July 31 July 30 July 89 21'% 26,900 3% Sales for Tuesday July 28 3'% 21'% 21'% 21 21 5,500 300 33% 3% 33% 3% 20'% 20% Monday 100 • 10'% 66'% 3% 20 700 4% *4'% *10 10'% *10 15 33% *19% 19'% 66 *17% 18 3% 76'% *18'% 643% 15'% 15 *17"% 213% *75'% 19% 23% 10'% *10 10 5,700 213% 75% 43% *43% 5 *4% 10 10 102 21'% 23% 4% 4% *9% 40 93 *923% *101 75% 763% 19'% 233% 475% 47% 213% 213% 76'% *19 233% 233% July 26 2,400 *18'% 21% 76% 763% 19 21 213% 76% 102 *101 102 *101 102 101 47/% *92'% 50 13'% 33 7% 34'% 47 *92'% 900 100 *98 100 *98 333% 13 900 57'%' 57'% 57'% 56 3% 57 *33'% 13'/8 *33% Saturday 2,200 - 13'% 12% Par 18% 28 *28 *98 99 99 900 18% 27 5% 9 18% . ' *54'% 56% x56'% 8'% 18% 28'% *8'% 18'% 28 36 '/a 600 54'% 18'% 28 28'% /*•', 35 5% 8% 8'% 9 36% 543% 22 22 18'% 28 100 EXCHANGE 32 *84'% 37 123 STOCK YORK NEW Since Jan. 1 Lowest Highest 1951 20 *31 87 22% STOCKS Range for Previous 20% 20'% 20'% 19% 31% 18 3/4 12.50 —6.66% Inc 2,800 7,800 22% Hupp Corp —i 1 Hussman Refrigerator Co No par 3% July 25 May Foods 6'% 223% Min & Sm Ltd—No par Motor Car 6 3/8 6'% 63% 22% common—100 preferred noncum 5 48 % May 24 1,500 22'% (Del) Texas of 117% 22% —No par 25 —1 1 Light & Power Howard 37/a May 15 2 Jan 9 4% Howe 21 % Apr 5% July 18 Apr 1134 193% 73'/4 100 100 preferred preferred 10 12 6'% *84'% 313% 313% *94 35'% 31% 19% 87 31% 35 '/a 12 12'% 6'% 31% *84'% 200 6 6 36 22'% 10 3%% 19% *303% 87 37 common_.No par Household Finance July 24 48 96 11% 6% 6'% 6% 3,100 24% *53% *5% *35'% 53% 36 *35'% 12 11-% 12 *5'% 5% 36 140 24'% 25% 243% 223/4 , 30 26 *138 140 *138 140 26 3,400 3% 33'% 95'% preferred—: conv 36 31% _30 12.50 Honolulu Oil Corp .■* No par Hooker Electrochemical Co com 5 $4.25 preferred No par Houdaille-Hershey common 3 $2.25 conv preferred 50 5% *138 23 5 3% 31%. Homestake Mining 7 Apr 140 *35'% 20 5 5 & Sons (A) Hollander . Holly Sugar Corp common— 1 20% Apr 16 (Charles E). Holland Furnace Co— 26 Yb Oct 52 Dauch Paper Co Hinde & Jan 33% 24% 105'% *104'% 105'% 33'% *22'% 5 -10 1 Corp— Hotels Hilton 8 21 May 12 18 Jan 15 9% July U 14 5 107% Jan July 22 Aug 29 23 *104'% 333% 70 76 *94 Heyden Chemical Corp common—1 3% % preferred series A 100 $4% cum 2nd pfd (conv).—No par 7 26 Jan 74 24 105'% 33'% 33 y8 G *84'% ——5 Inc Hewitt-Robins 7, 24% Jan July 22 69 18% Jan 7 26% Jan 22% May 29 6 May 125 *104'% 333% 400 3,200 16 16 *75'% 105 •'! i *138 24% 19% 5% preferred 100 Hersliey Chocolate common—No par 4%% preferred series A 50 Nov Nov *75'% 76'% *105 31% No par common—No par 5 x78% Mar 2 120% Feb 62 77 6'% preferred———25 Motors Hercules Powder 37% Nov Feb common non-cum Hercules 120 79 W) (G 7% 15 Co common preferred Helme 21% Mar 31 18% July 10 preferred 3.65% May 20 Feb 11 16 76 12 common.—_______ (H J) Heinz 33% Jan 4 21% Apr 40% Feb 9 22 Oct 17% July Co 3%% May 90 18 93 % Mar 2 22'% Dec 32% Jan 1 Jan Hecht *15% *35% 5 15 100 —25 —100. 10 Hazel-Atlas Glass Co Jan 23 29% May 12 41% July 13 31 106% Jan Industries Inc Hayes Mfg Corp 163% 16'% 76 "'5% 1 50 1 _2 Hayes 7% Jan 8% Oct 32 4%% 16% 16 76 33 24'% 10 Marx America common preferred of Corp Hat 4 & Schaffner Hart July 20 6% Jan 163% 16 Y» 16'% 140 138 100 53 16Ve 16 3% 79 323/4 coin__No par preferred 6% 523% 16 105 3% 105 3,400 53 y2 163% 16'% 32'% *32 32'% 53'% 53'% 53'% 163% *77'% HOLIDAY Co $4.25 pfd_.No par A) (M SATURDAY 100 preferred— conv 53 V2 *32 32'% *32 32'% 53 17 *16% 16% No par com Harbison-Walk Refrac 3 Than 27% Jan 26 30% July 30 82% Dec 21 36 34 142 5% Mar 14 11% Jan 28 6% July 17 20 % Nov 18 17 22% Feb 35 x9% Jun 4% Hanna Mar 27 140 5 Mar Jun 107 23 30% Jun 1 34% Oct 11 27% July 143% Dec 19 Feb 81 Watch Co CLOSED __5 Printing Co F) Hamilton 18% July 16 May 26 (W Hall ■ *32 53 523/4 EXCHANGE Well Cementing.—5 32'% *32 STOCK 25 Water— Halliburton Oil 3 17'% Jan 11 % May 29 68 2 107% May 10 Dec Oct 19 Feb 44 15% May 26 1 197/e Dec Hackensack 7 54% Jun 27 33'A Jan Aug. 1 Shares I 33% May 15 39% Jan 9 36 Apr 51% Nov 24 75% Feb 6 54% Jan 8 93 Nov 107% Mar 20 32% Mar 15 39% Nov 45 52 Nov 19 47% Dec 1 Apr 17 108 7 40 95 2 45% Feb 23 13 x47%Jan 8 53% Apr 11% Jan 16 6 36% Oct 1 6% Dec 18 56% Nov 28 71% Feb 75% Jun 92% Sep 152 29 Dec 45 % 12 July 18% Jun 11 62% Feb 20% Nov 90 * Dec Jan 4 Illinois Terminal RR Co 1 Inland 29 Inspiration Cons Copper 25 5% Jan 3 23 % Jan 3% July 17 9 20% Feb 17 Intercontinental 26 179 10% Jan 2 25% Jan 10 44% Oct 8 31% Apr 18 Interlake 17 96'A Jan 31 88% Jan 25 67% Aug 15 3 Jun Feb 27 42% Oct 8 15% Oct 48% Jan •« 136% Feb 15 14% Jan *3 50% Feb 8 Feb 6 7 11% Jan 16 8 73% Jan 19 39 4 49% Dec 20 45 44% Feb 5% Jan * • Jan 2 33% July 10 13 % Jan 2 20% Jan \ 8 July>15 July 11 ~5 8% Nov 26 -30% Nov 8 ; 32 129 4 47 % jtin 61% Feb 2 36 V2 Oct 8 34 May 19 X19% Sep 27% Sep 19 15 Feb 20 May : 24 % Jan 10 5 35% Jan~31 8% Dec 27% May 1 1 8% Jan 26% Jun 37% May 28 27%. Jan 24 24 Dec Feb 5 July 12 Feb 4% Jun 28 8% Jan 22% Feb 64 Apr 97 47 64 Mar 27 95 Mar 16 90 Jun* 11 96 Feb 15 70% Nov 15 62% Feb 19 82% Sep 31% Jan 29 25 29 % July 35% Nov 16 2 Jan 55 4 99 3 Apr 30 21 3/, _ J 86% Jan 34 May 3 100 May 78% Jun 71% Jan25"-Jan 2 90% Apr 1 38% Feb 9 3%% . Johns 7 Johnson 21 2 18 ,50c Jones 0 Co Inc common.ZNo par preferred 100 Manville 9 & & Corp Johnson Laughlin .—No par 12 % Steel com 5% preferred series A Joy Manufacturing Co 1.800 163/8 16% 16'% 16% 16% 16% 163% 4,500 214% 216 168 »/4 167% 167% *165% 193/4 20% 20% 20y„ 38% 38 39 38% 95 *923/4 ■..>'46i/« 46% 47 ,50% 8 % 8% 8% 53% 50% 50% 50% 39 *8% 53% 39% , *50 51 • *50% 51'% 361% *35% 33% 32 32 ' • 18 i/e .18%" 29% 29 293%. 33% 33% 333% 333% • * *32' 321% 32 32 i :' 32% 32 32 700 10 10 10 10 10 5,600 27% 271% 600 26% 4,700 24% 1,700 9% 10 *27% 28% v-;,26% _263/8 V ■ 24 341/8 341/4' *136% *136% 139 4 4y8 .24 ' 34% 139 4 24 34 : i < 24 341/4 26'% 24 24'% 24% *4 25 34% 139 4% 25 85i/2 *85% 87 673/4 67% *67% 673% 100 771/4 . 100 77 100 *99 77% 761/2 101 29r%~ -29% 33% < 273% 26 % 85% 76% 9% 27% *85% ' 87 *98 *32 26% 24% 673/4 .<• 33% t 26'% . 33% *136% 34 y8 139 4 4 25 25 *85% 67% *99 87 67% 101 - . 24 y8 33% 34 *136'% . ' 900 . , 139 4% 25 1851/2 67 *99 900 2,300 - 4'% 25 87 673/4 101 , 1,200 700 10 1,300 10 77% 76% 77»% 76'% 771% 3,700 59 58 581% 58 58'% 6.200 23% 23 3% 23'% 14,300 89 88'% 88 % 260 34% 2,200 32% 3,200 493% 3,200 -'17% 1,700 59 583/4 58% *58% 23% 23% 23% 233/, 23'% 23% 23% 10 88 y4 88 */2 88% 883/4 88'% 88% *881/4 100 1 35% 351% 35 35% 35 35% 34% 35 34% *58 , ' * ♦136% .J ' 28 28 .26'% 25 67% 17,300 293/8 28% 24 18%*. 18 \ 33% /26% ; 183% 500 36% *35% *35'% '.36y8 18'% 900 .51 . 29% 9% 23% 51% 300 ,393/4 393% ,-181/4 26% <34 t 250 . 18% 9% *27% ^ ( >51% *29% v 29% 33%; 700 8% 5 3 y2 531% *56 •; 39% 50% 36 y8 511% 39% : *33 -18%; 29% *301/4 39% *501/4 102'% 8% 8% 53% 4,7O6 17,800 50% 50'% ' 1 51 . 39% : ' *100 102% 8% - 10% -.10% .16% 531/4 14,000 137 *136'% 132 1,300 2% 47% '473/8 50% *100 53% *35% *35% "36% 10% ' 50 , 8% . 533/4 * 18 ;.50'/2 *100 ■> 102% 102% *100% 95 2'% - 23% 47% *136% "10% 501/s < - 137 10% 10% 10% ';-Vf 50 : 51 10,100 5,600 *923% 95 2% 473% 2% 47 y2 - *136% 137 *136% 53 V. *50 20% 38% " 46% ~ *92 3/4 95 2% 2% , 260 20'% v , - " 2% : 39 ' 18,400 38% 383/4 , 1,700 35% 165'% 38 166% 193/4 *923/4 95 217% 35 353% 193/4 39% • 35 * 165'% 216 " 218 216 - 35% 168% - 2% 39 215 34% 35% ' 5 Machine Jewel Tea 70% Mar 25 3% 19% 41/8 j, 3'% 50% ;_25 .1 Co 33/4 35 v 167 % *24% (F L) x3% 8% 10 j. 33/4 •53'/a 3.50 common— *3% 214 35 % 137 190 92% 3% 16% 16% *136% 1,100 92% 3% *94 216'% 1 2 106% Jan 3% Co No par Jersey Cent Pwr & Lt 4% pfd 100 81% Jan 3 Coal $6 preferred _! , Jaeger 26 92% _..:iNo par & Light Co Creek Jacobs Jan 21% Jun 13 13 1 92 25 CO— Power Power 19 Dec 85% Dec 26 141% Jun Iowa Island Feb 64% May 94 Intertype Corp No par Iowa-Illinois Gas & Eiec Co^aNo par 5% Jan 18 93 25 >1 25 78% Sep 95 94% 3% 45% 29 2 4 203% 2% % Z pfd conv cum Interstate Dept Stores 19% Jan * 20% 39 Va Feb 5 July 29 203/a *92% July 29 . 30 4 *20% ' 27% Feb 36 25% Jan Jan 22 20% 19% interstate 39% Feb 134 10 <80% Dec 26 $1.46 32y2 July -2 ,.'10 i. International Utilities Corp 9 17 22% Apr t 18 4 ' 14% 20'/a International Telep & Teleg—No par 6 Julv 34 33% July 31 7 [18% Jan 23 25;% May 8 28 39 139 2 . 25% *133/4 20% 167% . X283A Feb ; 24% 14% 20% 20 35 18% Jun^26 . 8 24% *133/4 (M ——______2 4,500 24% 141/4 16% Shoe—_____^.No par preferred 7"% 3,000 24% 216 36 % July 24 ; 473% 47% 47% 94% 15 International Silver tommon 73 471% 24% :___ IOQ i__No par . International l Jun preferred-— 5% International Salt 1,200 93 165 471/4 .•;*--*ioo% 102%: 1 < ,.24% 8ep 2820% July 9 I 47% 2,400 63 *163'% 165 *13% Int'l Rys of Cent Amer comj_No par 39% Aug - *163'% 14% 10%'"'10% 49% -r 50 ' > 36% May 16 28 57 • 165 *91% 24% _No par preferred— 92'% *163 164% 63 63% 92% 47 7.50 common 14 May 29 *162% 6% 24% ' 1 .Jan . 30% May 19 27% July $4 Apr<16 9 57 43% May 28 Paper 62 93 92 2,300 *51/2 6% *5% 6% 623% 93 62 1,300 373% 46% 20 _100 International 603/4 x92 37% 371/8 *133/4 5 International Packers Limited *5% .61% 6% *5% 6% 62 92% 6% 373% 7 7 37% 14% of Canada com__No par Nickel 7 7 37 47 100 j Preferred . ;105 3 21 ' r53 Int'l 21 4 1 preferred 4% , 7 VB 36% 1,000 6% 24% 100 25 International Mining Corp 6 42% May 97% Jan 6% Nov 19 class A Int Minerals & Chemical com May 15 3% Mar < — Int'l Hydro-Electric Sys 54 46% Machines—-—No par common _Nopar preferred- 7% 23 10% May 26 44% Nov 38% Dec Harvester Apr 94 , 1 130% Jan 17 May Business Int'l 52% *53'% 24% No par Int'l *51% 54 *13% No par Rubber 52% *53% 71/8 n62%**l64% 100 ____■ *51% 54 36% 92% 5 common— Iron 2 23 20% July 30 41% Jan 14 4 40% May , 3 56% Jan 109 172 2 2% July 22 3 9 6 36% Jan 1 16% Mar ,45% Nov 23 96% Dec 22 160 % Jon 133% Nov 27 14 12% Aug 31 5% Jan 25 31% May 24 129 Jan 18% Dec Apr 31% May July 221 159 V\ Jun 186 14 Corp 52% 38 *53»/2 7% 61% 1 : 49% 36% *5% , 20 Inc preferred 17% Jan 15% Jun 16 2 231 10 4%% 4% Jan 199% Jun 25 30% Jun 29 Sep 37% Feb Interchemical 3 July 14 96 Steel Insuranshares Ctfs July 22 14 38 3% *48% 7% -.No par Co 19 29 % Jan 38'% 49% 54 HOLIDAY No par 160 38% 36% SATURDAY 100 3,800 38'% *48% 52% *53% 13,200 52% 49% *511/2 54 CLOSED 1 Ingersoll-Rand common—* 6% preferred..— *48% 52% EXCHANGE 5 Industrial Rayon 51% Jan May 29 21% May 1 11% Jan 4 18% May 1 88% May 19 15% Jun 28 30 July 31 49% 900 76% 107% 49% 37% *53% 108 *48% 38 *51% STOCK Indianapolis Power & Light—No par Industria Electrica De Mex, S A July 18 23 2% Jun preferred 371% 753/4 37% 76% 75% 108 1071% *1053/4 107i/2 "48% 50 50 —50 preferred preferred cum 163 101% Feb 29% May cum 8% Jan 26 8 cum 4.70% July 30 6 37'A 4.26% 93 15 *1053/4 37% 4.08% 20 5 29% Oct 107% 37% 17 63 % 20 43 2 105% 17 155% Jan 28 29 12 Feb 81. 26 168% May 18 Mar 28 Feb x53 16 pfd ser A—100 No par Co common Power 8% Jan 1 76'% *1041% 371% 37% 37% 75% conv noncum 38 % Mar 16 37% 76% 74% 54% Jun 6% July 10 1 8% Mar 6% 37% 75 Co common. 100 Illinois 8 , 37% Central RR May 21 53 July 25 6 33% Mav Feb 37%' 75% *37 20 Co Power Illinois July 31 50% Apr Jan 53% Feb 8% Nov 23 28% Feb Idaho 6 76% July 29 x35% Apr 8 15 Feb 40 29 •J—i 1) )■ K »iM< 77 Jun Nov 5 40% Sep 18% For footnotp® Jaci nnqrp 13 9' 2R 25"% May 1 38% Jan 3 42% May 29 7 49% Feb 13 15% Jan 15 17% Mar 14 32 32 32% 32% 32% 32 3% 1 32 32% Corp 48% 48% 483% 491/4 32%49"- 48% 49 _50 48% 49 preferred (conv) 17 y8 17'% 17% *17'% 17'% 17'% 10 17 Kaiser Alum 5% cum Kalamazoo & Chem Stove & Furnace 171/4 17 y8 Volume Number 5139 176 . . . The Commercial and Financial Chronicle 21 (433) NEW YORK STOCK RECORD Range for Previous Year stocks iy51 Lowest Lowest Highest 23% Mar 30 28 Va Nov 2 28 103% Feb 1 19 108 Jan 5 95 5 2 Jan . 15 Jun 29 75% Feb 8 Sep 21 15% July 20 11% Dec 26 70% Feb 24 63 28 Jan 5 24% Jan 17% Mar 6( 71% Jun 18 18% Feb 15 23- 3' 33% Oct 25 31 2 88"% Nov 14 Dec 34% jup Jan 92% Jan 26 ?l 110 5 114 17% Mar 20 72 Jan 80 36 Jan * 13- 70 Apr 8" 42% Apr 21 91 Nov 29 103 Feb 13 91 Apr 36% Jan 5 42 Sep 21 35 Mar 2 51 Nov 26 32 Jun May 25 56% May 39 May 20% July 31 x76 Feb 49% Jan 28 4% King-Seeley Corp Kinney (g r) Co Kresge 54 Kress 31% Jan 25 37% July 15 Jan 4 29 *94 95'/2 *101 103 28% 105 % 105 % 81% 105% 81% 283/4 28% 95% *101 103 Sharea 29 *94 94% 94 Va ' 103 105 vs 105 % 813/4 102 813/4 2,400 10 102 >105 40 105 3/8 230 80% 81 69% 69 69 17% 17% 18 17% 18 17% 18 18 18 *11% 12 11% 12% 11% 11% 11% 11% 11% stock 11% *33% 34 33% 33% *33 34 exchange *32 % 32% *32 % 32% *32% 32'/2 32% 32% 32% 32% 400 78% 79% 79% 79% 79% 81 803/4 81% 81% 81% 11,300 65% 66% 63% 65% 62% 64% 63% 64% 64 18,100 22 22 22 22% 22% 22 22 47% 47% 47% 48% 48% 48% 48% *112% 113'% >112% 113% No par saturday No par holiday closed 2.50 com (cum) 100 69% *69 *22 48%' *112'/a . : *69 81 69% " *33 *33 23 Va *223/4 20% 20% *71 20% *193/4 20% 72 72 71% 71% 10 43% 43% 43% 43% 43% 44% 43% 43% 97 97 96% 96% 96% 97% *96% 963/4 35% 35% 35% 35% 35% 2,200 *20'a" 21 72%. 23 *19% 72% lo 500 23 *223/4 *22% 20 % Co 100 113 23 22% 100 900 49 *112% 113 72% 23 500 1,300 22 3% *112% 22% common %' 63 *48% 113 *19% i 1,400 34 223/b 1 ■ 81 l693/4 *69 34 No par common preferred (s s) *28% 80% No par $5 prior preferred— 4% 29 the Week 1 Corp preferred Koppers Co Inc Aug. 1 17% :__i conv 50 % Mar 25 * 9 7 80% class a—1 conv Class b 97% July 30 39% Jan 5 4 105% Friday July 31 5 Kennecott 7 21 105% " Kelsey Hayes Wheel 12 24% May 26 27 18% Jan 4 47% Sep : 2' 21% Feb Jan *105 >101 Thursday July 30 95% 29 *94 103 Sales far Wednesday 69 Kayser (Julius) & Co Kimberly-Clark Mar 29 95% *101 100 29 9 PRICE8 SALE July 29 8.75 Light Co 17 July 29 *94 niGH Tuesday July 28 com—No par preferred & 49% Jan 27% Aug 27' 19% Jan 10 24 Southern 22% Jan 20% May 40 18 City 4%. noncum Kansas Power l* 29 20 Monday 100 Apr 30 ' 71 20 50"% Sep Dec 9 Saturday July 26 100 preferred Copper Kern County Land Co_ Keystone Steel & Wire Co 40% Feb 25% Jan 108 Jun Par preferred cum Kansas 9 l' 70% May 12 30 35 32v4 Jan 49% Oct 31 12% Jun 7' '2 107% Dec - 9% Feb 28 19 67% July 4.50% 2 16% Jan 34% Oct 36% Aug 6 19% July 3 42% Mar 15 4% 5! Ftb 6 LOW AND stock Kansas City Pr & Lt Co com_No par 3.80% preferred 100 106 May 21 May 1 83% July 2 Feb 66 1 15% Feb 62 york exchange 102 % 103 % Mar 12 57 new 29% July 18 95% Jun 9 * 87% Jan 96 1 Highest 26% Jan 88% Dec Nov Jan. Range Since *71 35% 36 200 100 72% 30 43% 44 va 3,500 96% 963/4 310 36 No par 3534 52% 52 Va 52% 53 53% 53% 53% 53% ' 533/4 No par (s h) & Co Kroger Co (The) 533/4 1,400 36% 36 va 36% 36% 36 3/4 36% 36 Va 36 '/a 36% 36% 2,100 8% 10,500 35% 1,500 L 6% May 24 5% July 9 22 Dec 9 11% Jan 6 4 20 14% Feb 6 11% Mar 2 16% Jun 1 2 42% Jan Mar 28 % May 26 Dec 8 28 56 Jan 51% Feb 21% Sep 72% Oct 2 19% July 27 17 9'/8 May 24 7% Jan 19 8% Mar 13 9 Jun 4 24 7 Jan 16 July 28 July 17 21 Laclede Lambert Lane Jan 10 2 25% July 24 Lane-Wells 1 72 va Jan Lee 16 20% Apr 15 88 Jan 48% Feb 2 6 30 25% July 15 92% May 1 9% Feb 6 4% % 253/4 25% 25% 25% *L0% 92'% *90'% 92% *90'% 92% 28% Aug 1 20% Jun 12 2% Jan 4 15% July 20 4% May 24 65 % Jan 2 23 Jan 22 13% Jun 17% Jan 29 $3 5% Feb 23 50c Oct 16 2 39 Lehigh Coal & Navigatior Lehigh Portland Cement Lehigh 21% Mar 14 25 x33% Feb 27 38 79 Jan 3 61 % Jun 71% Feb 2 184 Jan 23 160% Jan 173% Apr 30 69 Oct 5 49 Oct 27. 17% Jun 23% Sep 43 21 19 29 70 Dec 18 17% July 2 14% Jun 14 22 Nov x81 . 4 15 48% Jun 25 15% Jan 4 Dec 13A 1% 1% 14'A 14% 14% 14% 1% 14% *43/8 43/4 *4% 78% 783/4 78% Products 5 _ Link Belt Lion Liquid 2 75% Apr 14 Oil 3%% convertible 1 Lockheed Aircraft 18 % Jan 4 Loew's jcin 30 2e-y8 Aug 1 33 % Jun 18 43% Feo 7 wj 7 v;d 14% Jan Jan 2 16% Apr 2 13 25% Jan 170 Jan 106% Mar 14 35 July 14 20% Jun 24 3 143 Sep 10 33 24 Jan 13 102% July 29 Jan 59% Feb 4 17 52% Feb 7 39 Feb 5 Dec 18 103 Feb 19 30% Jan 2 53 % Oct 6 Mar 23 158% May 24 37% Jun 26 63% July 25 32% Jun 23 24 % Feb 91% 2 Jan 99% July 39 % Mar 50 Jan 5% : series 7% b (p) 4%% 15% 24% 24 243% 6,400 37 Vs 37'%, 37% 373%: 4,700 73A 7% 2,500 7% 73/4 37'% *36% Range Since Highest Jan. Lowest 7% 37% 65% 65% 37% 66 653A 165% *165 165 *165 ',15'/a ' 7% ' 37 3/8 7% *37 2,200 37'% 100 66% 7,000 661/4 65% 165% 165% 166 130 1,600 *58% 59% 59 59'% 60 46% 47 46 "A 46% *45% 46 46 46 15 Vs 15 15 xl4% 14%. *143A 15 14% 14% 600 393/8 39 391/4 393A 39'A 39% 5,700 *58% 59 59% 39 Vs 18% *18% 743/4 23% *72 23% 23% 12% 183% ' 743% 24'/a 39% 1834 59 18 3A *72 39'A 183/4 743A 23% *72 24 VB 23% 18 3A .743/4 23% 18% *72. 900 18'A 900 743A 23% 233/4 9,100 12% 12% 12% 12-% 123/4 29'% 29 29'A 29 Vs 29% 19,200 28% 291/8 29% 29 3/8 29 % 7,700 36% 36% 3 6'A 3 6'A 36 36 35% 35% 35% 35'% 600 15% 16 15% 15% 15% 16 15% 15% 153/4 15% 8,500 12% t 12% 123/4 105% 105'% *105'% 105'% 12% 105% *105 *105 105i% *105 105 Va 40 100 102% 102% 102'% 102'% 102'% 10ii % *102'A 102'% 102% 102'% 260 10 20'% 20% 20% 203/4 20% 20% 20% 20% 20% 20 5% 100 6,700 146% 146'% 146% 146% 147% 147'% *36% 37'/s 37 37 1,300 613/s 613/4 60% 61'% 3,600 32 (m) new 73A *37'A '. common & Sons preferred 1 165 7% 37% . 15% ; 46'% *72 No par No par Inc series 613/4 1 31% 100 *98'% com a 10 146 145% 37 37 36% 363/4 621/4 x61 61% 61 <n "0 york stock Par Saturday July 26 31% 31% 31% 313/4 99% *98'% 99% *98'/a 41'A 42'A 413/8 31% 31% 99% *98'% 44'A 43 42% 42% AND HIGH LOW exchange 146 146 37'% *37 50 Lukens Steel Co Highest 65V4 653/4 165% stocks 1951 Lowest 15% 243/a 373/8 preferred Co Range for Previous 153/4 24% 37'A 18% 100 preferred Lowenstein 15% 24% ' l Louisville Gas & el Co (Ky) Louisville & Nashville 7 30 Inc Lorillard 15% 373/8 39 Lone Star Cement Corp lo Long Bell Lumber (Md) a—No par Long Island Lighting Co No par 5.25% pfd series a .100 May 28 preferred Corp 2,500 15 Vs No par 24% July 9 609 : 24% *46 Corp com—No par 15 79% 37 Vs 58% 5 2.50 30 ' 15'A *165 No par 12 % Jun 79 24% 65'A 100 co—. 793A : 37% 73/4 Carbonic 79'A , 15 *37 % com—_25 (The) 791/4 1,300 . 5 *4% 24% 7 Co Corp 22 Jan Tobacco 5 *4% 15 5 Myers 78 34 783/4 5 37 10 Corp *4% 5 11,700 24'% No par 18% Apr 27 Year 5,300 1% 1% 71% Jan 28 29 93 1,500 183A 4 15% Jun 48 % Jun 9% 283/4 18% 9 47% Apr 30% Jan 9% 28% 18 3/4 13 2 28 26% Nov 9'A 28 3/8 18% 9'A 14% Lily Tulip Cup Corp 46% Mar 17 101 20% Dec 9% 28% 18% preferred Lionel 92% 28 Feb 102 143 & 7% *90% 9 Vs P/4 Stores Corp Liggett 92% 18% 19% Oct 2 12% Jan 64 1,400 *90% 1,100 27% 25% Oct 23 27% Jan Jan Jan xl2% Apr 30 38% May 27 17% Feb 27 3 16% Nov May 253/4 9% 14% Life 2 25% 18% l3/4 29 26 25% 27% 9 *14% Jan 22 700 25% 18% Libbey-Owens-Ford Glass Co Libby McNeill & Libby Jun 62'/4 27% l3/4 Lerner Jan 25 62'A 9% 143/4 1 Dec 1 25 621/4; 183/4 l3/4 7 66 49 600 27'% *14% 13 Savers *47 3,800 \ 83/4 common 38 May t 18'% 1 Fink 15 27% preferred—No par 2nd pfd No par (The) 1 Feb 39 46 % Apr & 10 20% 25 9 158 40% May 29 15% Dec 28 37% Jun 29 Coal Lehman Corp 7 20'A 14% . No par 1st noncum 6% , 10 c rr noncum Lehn 49 Valley Lehigh Valley 81% July 2 16% Mar 28 36 ' 25'% Feb 33% Jan • 25 *20 Vs 1 % Jun July 49 24% *613A 14 Jan *47 (James) & Sons Co common__3 3.85% preferred 100 Tire Lees 21% May 7% May 49 61'% 2 9 *47 24% 17 10% Feb 15 61% 19 23 15 ►. 243A Jan 29 15 62'A 3 8 % Nov 15 2434 26% Apr 15% Feb 20% July 11 15'A 49 21% Aug 1 8% Jun 25 1% May 12 30% Jun 15'A 62 'A 8% May 5 *47'% 15% *24'/b 18 21 50 6% 20% *47 11% Jan 13% Jan 15% Co 8% *6'A 20'A 24% 7 70% Feb 8% 6% 20% 49 Jun 2 8% *6 'A 20% 62'A 8 11% Jan 8% 6% 613% 15 15 8% 8% 20% *6'A 243/a 100 % Feb Apr 8% 20'% 6% \ 13 4 20 No par preferred 8% 20 Va *6'% , No par 5 Dec 18 8% pfd_-75 Pesos Mex common Rubber & 87 73% July 5 17% May 17 27% Sep 20 36% Aug 7 4 6% (The) Bryant 20% Jan 45 9 Co Co 54% May 28 25% Feb 8% Jan Gas La Consolidad Monday SALE 32 2,200 99% 99% 99% 50 41%% 42% 42% 1,400 PRICES Sales for Tuesday Wednesday July 29 July 30 July 28 32 150 Thursday Friday July 31 Aug. 1 the Week Sharei M 13% Nov 29 37% May 17 128 Jun Jun 29 30 y4 Dec 22 87% Dec 28 12% July 7 15% Jan Oct 10 40% Jun 5 45 42% Feb 20% Feb 21 14 18% Mar 19 46 26 129% Jan 4 135 17 13% Jun 18 38 Feb 2 2 Jan 13 86% May 14 7% Jun 4 10 9 12% Jan 11 42% Oct 17 July 14 23% Jun 12% Jan 500 Aug 25 18% Oct 2 573 6 9% Nov 24 7% Dec 31 Feb 14% Sep 8% Jun 16 485 10 4 Jan 16 19% July 25 25% Jan 31 7% Mar 23 13% Oct 8 12 Apr 9% May 22% Apr 6% Mack 30 28 10% Jan 39 5 Feb 8 18% Feb 2 6% Apr 20 m 3 9% Mar 13 9 Jan & 28 90% Jan 1 Apr m Wood MacAndrews Jun 31% Jan 23 May 7 13 515 Mar 25 11% Mar 18 8 8 18 23 Jan 1 7 July 11 12% Jan 17 Trucks 4%% Square Magic Chef Sugar Mandel Maracaibo 29% Jan 28 Marathon 11% Dec 29 10% July 2 12% Jan 24 Marine Nov 28 52 % Feb 25 57% Jan 22 4%% July 19 5 Jan 4% Jan 31 4% May 27% July 26% Nov 8 38% Feb 5 24% May 7 8 28 105% Feb 27 85% Jan 10 Jun 9 4 21% Jan 18 8% Jun 25 14% Jan 7 Martin 29 14% Jan 11 9% Apr 15 13% Jun 2 Martin-Parry July 17 38% Oct 19 33% Jan 2 Masonite 20% Feb 18 Master 49% Apr 10 Mathieson 2 23% Feb 16 25% July 31 17% May 12 Jan 10 49% Sep 20 41% Feb 104% Jan 3 29% Nov 21 35 Sep 12 29% Jan 25 87 Jun 29 101% Feb 21 90 % jan 2 87 Jun 28 101 % Mar 7 90% Jan 78 Dec 28 91% Jan 31 79 Jan 13% Jan 14% Jan 4 17% Jan 29 lo 16 % Feb 23 Jan 17 49% Apr 19 15% Aug 2 27 Feb 3 20% Jan 4 26 Apr 16 43 42 Jun 28 16% Jun 26 91 19 Dec 44% Jun 45% Jan 2 60% Dec 42% Dec May 7 $3.75 cum May 2 $3.40 cumulative 26 July 3 18% May 23 Feb McCord Feb 28 x44 Jun Feb 5 14 55% Mar 38% Feb 17% Mar 98% Apr 5 16 11 7 25 49% Jan 4 66% Jan 9 37% Jun 29 45 Jun 1 39% Feb 26 46 Jan 28 3 27 Oct 4 23% Jan 31 26% Jan 7 22 July xl4% Dec 20 19% Jan 19 23% Jun 25 32% Oct 4 88% May 100 15 Mar 20 22% May 25 26% Jan 21% Feb 8 Dec 45% Dec 26 94 Jan 14 25% Jan 15 July 28 23% Mar 1 8 13 % July 28 16 Feb 8 9 47% Jan 9 15% Apr 16 18% Jan 7 13 25% Jun 24 35% Jan 22 Jan 12 84% Jan 4 93 Apr 15 27 122% Sep 18 July 7 121 Jan 2 25 33% Oct 13 29 % May 1 33% Jan 23 82% Dec 27 Oct 26% Jun - 101 21% May 24 47% Apr 2 39% Sep • 2 27 113 Feb 21 87 1 15% Jan 28% Feb 22% Feb •64 27 Jan 28% Oct 18 July 22 3 22% July 15; 16 14 13 % 83% Apr 2 109 50% Mar 12 9 31% Oct 17 22% May Jan 24 43 % Jun 19 104% Jan 10 92% Jan 2 101 108 56 90 Dec 14 101 Dec la 1084 1 28% Jan 2 54% Feb 11 ' May 27 10% 73/4 10% *7%223/s 23 *105/b 265/8 16% 10 % Nov", 87 Dec 16% July 7 18 2 53 % Mar 15 18 Jan 2 39 Jun 29 131 Jan 3 10 Vs 10 Vs 10'% 700 11 *10s/8 10% 105/8 105/8 10% 10 5/a 1,600 263/4 26 % 265/8 26 5/a 7% 7% *7% 7% 100 300 26s/s 265/s 263/4 5,100 11 11 11 11% 11 11 % 11 11% 11% 11% 5,900 55 55 55 54% 54 Va 543/4 543/4 54% 54% 43/4 *4% 4% *4% 43/4 25% 253/4 25% 253/4 25% 91% 92 *91% 92 Va *91% * 4 % 25% 25% 25% 92% *91% 800 4% 5,660 92'% \70 11% 11 s/8 ll3/4 11% 11% 32,600 11% 11% 11% 11% lo3/, 11 % 900 25% 263/4 25% 25'% 4,800 18% 18 Vs 18'% 1,300 46% 8,100 27% 27% 273/8 27% 27% 27% 18% 18% 18% 183/8 18% 18% 5 100 5 series_No par 46% *110 465/8 110% 31% 32% 46% 110 31% 47 110 32% 46% 110 32% *18 46% 46% 109% 109 31% 32% 46% 109% 110 32% 32 32% ? 000 97 97 % 140 46% 109 *97 98 *97 98 *97 98 *97 98 96 96 *95 96% *95 96% *95 96% *95 *85% 86 85% 85% 86 86 *86 87 15% 155/a 155/a 155/8 153/4 *15% 1534 *49% 50% *49% 500 96'% 83 No par *85% 15 % *49% 15% 50 15% 20 30 1,200 50 *49% 50% 50'% 300 17% 17% 17 17 *17 173/s 17 17 17% 173% 1,300 3 24% 24% 24% 24% 24% 24% 243/4 25 243/4 243/ 42% 42 3/4 *423/4 433/8 *423/4 43% *423/4 433% 423% 42% 50 common 50c 16 Vb 16% 163/s 16% 16% preferred 100 943/4 943/4 9 4 3/4 943/4 *933/4 1 68% 68% 68% 683/4 No par *45% 46% 46 46% 5 *73% 74% x73 Mines Inc 16% • 110 16% 94% 94% 1,600 100 68% 68 68% *68 683/4 1,500 46% 46% 46% *46% 47 1,100 733/4 73% 39% 39% 393/8 39% 39% 39% 25% 25% *25% 253/4 *25% 10 *13% 14 No par 23% 24 87 873% *863/4 25% 253/a 25 3/8 253/a 253/a 25% 25% 255/s 25% 25'% 3,300 1 13% 13% 13% 13% 133/b 133/a 13% 135/8 13% 13% 1,700 1 100 1st Co preferred—50 Inc *48 *13% 24 *48 49 73 14 *13% 24 24% 88 *863/4 483/4 *48 73% 14 74 74% 75 1,000 40 39 % 39% 2,300 25%1 25% 25% 200 13% 13% 13 "a 133% 600 243/4 x24% 243/4 24% 25 % 3,000 88 *855/8 88 *48 483/4 88 *86 483%' *48 17% 17% i?3/, 173/4 17% 18 175/tt 175/a 18 26'/a 26% 26% 26 5/a 26% 263/4 26% 27 26'a 90 89 89 2nd pfd—.. *89 - No par *111% No par 12.50 Linotype Co Merritt-Chapman & Scott 30 5 ^ Metropolitan Edison 3.90% pfd 4.35% preferred series : 90 • 112 30 *89 *111% *30 112 303/4 25 25% 243/4 25 45% 45% 45% 45% 96 95 95 107 *104 107 100 *95 3 Jun 25 100 *104 97% Jun 3 3.85% preferred series-- 100 *94 96% *94 96% 94 Oct 2 91% Feb 20 95% May 23 3.80% preferred series- 100 *93 95 *93 95 26 4.45% Oct" preferred series. 23% *111% *30% 112 303/4 *89 ; 18 " 111" 30% 30 % *110 111% 111 va 30% 30% 5,100 263/4 14,200 90 *89 90 40 483/4 3% No par Co 39% 16%e common Mergenthaler Machine 16% 94% 25% 18 common— Stores Co. 16% *933/4 *25 inc Corp (The) 68% *46 16% 95 900 1 Robbins Shoe 50 14 100 ' 100 500 25 25 243/4 24% 243/, 1,900 45% 45% *45% 46 45% 45'% 1,400 *95% 96% *95% 96'/a 95 j/2 95'% 30 106'/a 106% *104 *94% £5 24% 107 *104% 107 96 *94% 96 *94'% 96 95 *95 96 va *95 96'% ' o *108'% 20 90 109% *108% 23% 23% 23 23 23% 23% 235/a 24 24% 10 68 68% 68 va 68% 68% 68% 69 69 69 69 2,100 Inc—-No par 24 24% 24% 24% 24% 24% 24% 24% 24% 25 10,800 f —100 *108% 109% *108% 109% *108'% 109'/a 109'% ' 3 20 Jan 8 25% Jun 24 Miami 72% Sep 22 % Dec 12 65 May 1 81% Jan 28 Mid-Continent 31 20% Feb 48% Feb 5 ;39'% Jan 4 4 131% Jun 20 21% May *10 75/8 23 Jan see page 1,700 23 Jan For footnotes 2,200 16 510 23 91 Sep 10% 32 16 23 101 > 32 *501 23 1 142 32% 16 510 *7% 21 18 32 16 *501 16 3/8 *223/b Aug Jun 10 323/4 510 75/8 104% Feb 108 16% 22 3/8 105 % Apr 92 32% *501 11% Co convertible Mesta 10 32% 510 ll3/4 preferred (1st series) conv 16 *501 11% $3.50 preferred $4 32% 16 11% McQuay Norris Mfg Co Corp common : & 325/8 510 11% Mead 5% 32% *501 160 11% Publishing & Merck 300 92 - Porcupine Mercantile 8% 92 McLelton Stores Co— Co *83/4 .no par McKesson Mengel 9 No par Electric Melville *83/4 No par Mclntyre 4%% 9 11% pl'd— convertible McGraw *85/a 25% common McGraw-Hill July 15 8% 1 1947 preferred 69% Jujy 25 8% 253/4 No par McCrory Stores Corp 48 20 pfd Corp $2.50 8% 11% Corp 3%% 800 8% 2 900 ' 103/4 preferred McCall 26 8 34 1 Maytag Co common $3 preferred 16 7 72% Oct 97 87 50 89 3/b 83/4 No par common 2 18 27'% 89 3/e 83% *4% Corp com preferred 10 25 27% 89% 43/4 Chemical July 21 15% July 31 275% No Par Stores 3,900 •8% *4% Co„ 98 $3.75 27% 89 400 143% 89% *54% Co Corp conv Dept 14% 27% 100 Corp 4.25% May 42 20 3 July 10 89% Jan 8 35 Jun 33% July 11 145/« —No par l) Electric 15% Mar 12 27 'Jan 106 % 113 143/a 85/b 50 100 145/a 89% 26 5/s 5 14% 145/a 1,600 41 134 27% 26% 6.25 13% 41 *8% 103/4 common *13 *130 273/b 10% (conv) 13% 41% 134 89% *7% preferred (Glenn 23% Jan 4 19% Apr 45% Jan 27 holiday 13% 41% *130 83/4 16 saturday 13% 41 134 *8% 1 Market St Ry 6% prior pfd Marshall Field & Co com Dec 29 Corp preferred Dec 89 13% 41 *130 83/4 *223/b Exploration Corp 10% Jun 273/a 89 5 — Oil 11 closed 1 1 273/4 13% 41% 134 *8% No par Midland 4%% exchange Co- Shirt 83 94 No par 10 14% 145/8 *88 s/8 stock 50 •12% *41 *130 27% 100 No par 1 12% 41% 134 145/8 No par com Garden Bros Manhattan 56 7 5 Magma Copper Magnavox Co (The) Maaoning Coal rr Co 2 3 Inc Manati 12% *41 *130 preferred series a 29 4 5 common—10 —100 Macy (r h) Co Inc Jan 24 Forbes Madison 52% Oct 9 Working Co & preferred * 29% May 29 15 28 25 17% Jan 26% May 15 103% Jan 7% May 21 May 14 2 - 25 Aug 1 43 July 30 138% Apr 4 30% Jan 22 26 I. Copper Middle South Midland 8% ^ Petroleum Utilities Steel Prod 1st preferred Midwest Oil Corp common 5 5 100 10 42% 135 22% 42% 135 22% 42% *133 22% 423/4 135 22% 42% 42% 43 *42% 42% *134% 135 134% 134 Va *134 22% 22% 23 22% 223/4 24% 42'% 135 23'/« 5,300 1,600 30 2,000 Chronicle The Commercial and Financial 22 . . . Monday, August 4, 1952 (434) NEW YORK STOCK RECORD Highest 8 21% Feb 9 13% Mar 28 21% Sep 21 13% Nov 1 45% Feb 14 107 Mar 3 2 29 37'AFeb 20 54 May 100'A Nov 30 107 Mar 18% Jun 117 29 Sep 21 Apr 55 Jun 24 113 Jun 24 $3.75 conv preferred 48% Jan 25 39 27% Oct , 16% Jun 24 24% Jan 2 26 91'A Jan 11 27 30% Jan 9 36% Feb 83% Jan 2 93% Feb 82% Jun 25% Jan 2 34% Oct 24% Jun 29% Jun 14 33% Nov 32% Jan 2 24% Jun 29 32% Dec 29% Apr 17 13% Apr 11 30% July 2 7% Jun 25 18% Sep 21 17% Jan 5 35"% Dec 6 13% Mar 9 4 5'A July 24 3 107% 11% Jan 2 13 May 5 12% Mar 4 14 Vs July 5 12 18% Jan 4 1 89 24 109 % Jan 2 22% Apr 24 16 28% Jun 30 30% Jan 22 Montana May 20 67% Jan 2 8 Apr Dec 21 26% Apr 75% Sep 19 58 29 22% Sep 24 16% Jan 12% Nov 27 18% Feb 16 13 15 Jun 2 57% Dec 7 23% Nov 28 31% Jan 29 40% Jan 38 24% Dec 14 29 23 18 Feb Mueller 21% Feb 23 30% Nov 20 11% Dec 19 15% Feb 26 22% May 11% Jun 13% Jan 26 43% July 19 60% Dec 18 51 Feb 25 573A Jan 4 108 Jan 4 109% Feb 18 1 19% Jan 10 Murray Corp of 47% Jun 3 62% Feb 4 • 107% Sep 11 112% Jun 11 18% Jun 25 23% Feb 27 43% Sep 28 5 51% Dec 49% Feb 28 42% Mar 13 66 12 49 Apr 183/a May May 20 ■ 4% 104% 18% 18% 84 83 Vb 833A 26 *83% 84 *83 *25% 26% *25% 26% *25% 26 34 % 34% 34% 34% 34% 34% 34% 35% 110 35% 31% 31 31% 31% 30% 30% 30'A 18 17% 17% 35% 35% 36 35% SATURDAY 1,600 300 25% 26 17% 1,600 30% 1,600 17% 17% 17% 17% 17% 173/4 3,400 35% 35% 35% 35% 35% 353/4 4,500 *30% , 6,100 7% 7% 7% 7% 7% 63% 64% 64% 64% 64% 64% 64% 64% 63'A 643/„ 6,700 31 Vb 32 31 32% 32% 34% 33% 34% 33% 34% 37,500 *29% 29% 29% 29% 29% 29% 29% 29% 29% 29% 1,000 13% 13% 14 14 *14 14 Va 13% 14% 17 17 17 17% 18 18% 18% 18% 183A 1,400 94% 91% 18% 93% 92 92% 5,600 6,200 7% 7% 7% 7% 7% HOLIDAY 14% *14 1,400 95% 96% 94% 26% 26 Va 95% 26% 93% 26% 26% 26% 26% 26% 26% 26% 27 27% 27% 27% 27% 27% 27% 28 27% 28% 63% 64% 64 64% 64% 65 64% 64% 64% 64% 6,100 17% 17 % 18% 18 18% 18% 18% 12,600 13% 17% 13% 17% 13% 13% 13% 13% 13% *13% 13% 75% 76% 76% 76% 77% 38 38% 38% 38% 26% 17% *13% 76 7,200 700 3,200 3,900 800 Inc common America com preferred & Bros 26% 26% 26% 26% 26% 23% 23% 23% 24 24 Va 26% 24%, *26% 23% 241/4 24% 900 22% 22% 22% 22% 22% 22% 22% 22% 22% 22% 4,900 26% 26 26% 25% 25% 25% 26 25% 26 3,400 *11% 11% 11% 55% *107 % 19% 19% 11% 11% 400 55% 1,500 *11% 11% 55% 55% 108% *107 108% *107 20 3,600 19 % 19% 19% 47% *45 47% 45 47% 47 *45 47 49% 49% *49% 50 50 *49% 50 49% 49% 200 24,700 19% 19% 19% *45 *49% *45 7 55% 55% 108% *107 108% 19% 108 19% *24 11% 11% 56% 55 108 26% x26% 55% 11% 55 No par Myers (F E) ' 26 1 0 1 100 10 50 Mullins Mfg Corp Munslngwear *103% 18% 8 Murphy Co (G C) 4%% preferred 1 104% 18% 1 17% July 2 16% Jun 25 5 *103% 18% 3,900 42% 10 Co Brass 42% 18% 18% 83% ——. Corp.. Corp Motor Wheel 22% July 28 29% Jan 25 20 —/.——— Motor Products 1 25% Apr 1 Mar New' 1 27% July 23 14 Inc 42% 30% No par 12 No par 3 (John) & Co Morrell Motorola 26 38% Aug July 31 22% Jan Jun 80 J ' 9 May 24 Jun 54% J 18% July 31 14% Jan 10 2 42% 104% *103 104% 103 42% 42% 42% 42% 43 112 *110 112 34 (The)—No par Co Power Montgomery Ward & Co Moore-McCormack Lines 112 *110 112 •110 112 110 25% 20 16% Jun 513A 83% STOCK EXCHANGE CLOSED 10 Mills Carpet Mohawk 31 18 51% 83 preferred series A 100 tMissouri Pac RR 5% conv pfd-100 34% July 31 31% Jan 7 17% 51% 18% Mojud Hosiery Co Inc 1-23 Monarch Machine Tool No par Monsanto Chemical Co 5 Montana-Dakota Utilities Co 5 Aug 27% Oct 29 2 Jan 28 9 24% Jan 2 21% Jan 64 21 16% Feb 10 25 Jan 21% Apr 9 18 52% 83 com—No par RR 17 % 51% 18% 7% 65% July 15 39% Feb Nov 16% July 16 50 17% 52% 104% 5 Co Mississippi River Fuel Corp Mlssourl-Kan-Tex 15 8% Feb 6% Apr 22 33% Mar 12 12% Nov 73 Development Jan 73% Mar 2 18% Aug 15 29 Corp Mission 4,000 17% 51% 18% 1 Mission 22 37% May 29 July 17 34 7 Mar 12 37 20% Jan 4,200 52'A 17% *103% preferred $4 10,700 18% 52% 42% common___No par No par Minneapolis-Mollne Co common—1 $5.50 1st preferred 100 $1.50 2nd conv preferred 25 Minnesota Power & Light Co-No par 23 17% 18 *110 100 & Mfg Minn Min 2 Jan 105 16% 17% 1.50 Reg Sharet 17% 51% No par Minneapolis-Honeywell 24 101% Feb 8 Aug. 1 16% 16% 16% 16% 16 16% the Week Friday July 31 July 30 July 29 July 28 16% No par Mlnneap & St Louis Ry Minn St P & SS Marie If 19% Mar 163/a May 56% July 17 41V»Jan 107 % Oct 17% Aug 26 Par EXCHANGE Highest Lowest 13% Feb Lowest Thursday Wednesday Tuesday Monday Saturday July 26 STOCK YORK NEW 1 Range Since Jan. 1951 Tear Sales for LOW AND HIGH SALE PRICES STOCKS Ranee (or Previons _ '-t N 22% Feb 2 79 Mar 9 Mar 15 31 37 Aug 3 31% Apr 12 12% Jan 15 17% Dec 7 16% Jan 2 21% Apr 21 Jun 16 23 29 Dec 15 Apr 24 -Tuly Nashville Aug National 16% Jan National 22% Jan National National July 24 34 x29% Dec 12 35% Jan 12 29% Apr 160 Dec 27 184% Jan 20 161% Jan 2 179% Jun 18 7 Jan 2 14 Oct 25 9% Jun 10 12% Jan 28 National 2 59% Sep 11% Feb 61 % Mar 19 National Cash 24 10% May 8 National City Lines 13% Jan 7 National Container National 42% Jan 9% Dec 6 23 54% Feb 4 9% Jan 14 2 xl0% May 15 44% May 28 14% Aug 7 16% Aug 14 51% Sep 10 16% Dec 26 23% Feb 2 14% May 17% Jan 26% Jan 10 37% Oct 3 25 1 May 19 34 Ve Jan 2 106% Oct 27 112% Oct 4 100 May 15 110% Jan 24 16% Jun 29 Oct 29 1% 11 2 Jan 13% Mar 26 13% Jan 14 48% Jan 2 55% July 15 18% Jail 21% Mar 22 Jan 29 91 27% Nov 8 33% Oct 19 17 98 103 33 Jan 1% Jun 18 147% Apr 24 9% Jan 31 National 29 40% Sep 17 35 Jun 2 40% Jan 26 34% Nov 30 30'A Jan 9 33% July 11 1 53 9 May 29% July 28 National 19 35 Apr 91 May 20 19% Feb 23 27% July 28 Sep 5 85% 25% Feb 2 19 20 Nov 7 101 Dec 15 14% Jan 2 19 7% Dec Oct 11 17% Sep 17 108 10% Feb 101 15 National 7 4.20% His-h^st Lowest 25 14% Jan 18 10'A Feb 15'A Jan 2 18% Feb 19 14% July 28 Jan Nehl 11 3 16 Apr 17% Jurf~25~ 23% Feb 17 Oct 2 82% Jan 24 66 28% Jun 29 38% Jan 12 32% Jan 25 23% Oct 17 18% Feb 26 21% Aug 1 25 26% Jan 16 17% Jan 21% Jun 12 July 22 36 »A Mar 21 12 Sep 26 34% Feb 20 156% Feb 13 100 % Jan 9 14% Apr 24 183% May 10 Dec 14 52 73 Jan 3 92 Aug 9 215 Jan 17 475 Oct 15 14% Nov 14 25% Jan 18 43% Jun 25 59% Jan 17 15 % May 24 22 Vs Jan 9 86% May Inc common 14% Feb Central 46 Va Jan 2 58% July 2 18% Jan 28 Mar 25 3A Nov Mar 88% Jan Feb Feb 12% May Jan 16 1 85% Jan 2 9 24% Jan x29 7 26% Jan 76 5 23 82 30% Jun Jan 85 RR 5% partlc stock 8 % 11% July 23 26% Apr 1 44 Jun 29 x52 % Feb 5 46% Jan 2 51 Jan 29 25 Sep 18 28% Jan 13 2 5'/8 Mar 4 26% Apr 19% Dec 31 19% Jan 2 22% Jun 27 3.90% Noma 19 76 % 13 Feb 13 39% Oct July 31Vb Jan Feb 88 xl33A Jun 8 15 Apr 28 753A Jan 17 35 % Mar 7 Electric Nopco Chemical Co Norfolk & Western Ry com Adjustment North American Co 80% Dec 21 94% Feb 16 82 Jan 2 Xl04 Dec 92% Dec 27 109% May 25 28 103% Feb 27 16% Dec 105 94 Jan 3 Jan 5 89% May 20 109% May 22 101% May 2 Pacific Ry States . Co Pwr 11% Apr 30 15% Jan Dec 13 11% July 16 <16% Jan 31 Northwest Airlines Inc 14 19% July 17 25% Jan 31 413/4 433/8 433/8 44% 43 Va 44% 27,900 !04ya 105 *104 % 105 % 1,200 17 16% 16% 1,400 105'A 105 105 16% 17 16% 17 17 75 *65 26,400 75 94 *450 495 *450 495 450 450 *400 460 495 21% 21% 21% 21% 21% 21 Va 213/a 21% 57% 57'A 57% 57% 573A 57% 2,800 16% 16'/a 16% 16% 16 Va 16% 333/4 33% 333/4 34 57 56% 16% 163/a 16% 16% 92 10 21% 56% 34% 70 1,200 34 *89% 33% 34% 92 *89% 34% 92 *90 92 900 2,700 92 *90 2 263/4 26% 26 3A 26% 26% 26% 27 26 3A 26% 16.600 29% 29% 29% 29 29 Va 29'A 29% 29% 29% 5,700 83 83 84 84 *82% 833/4 833A 833A 300 873A 873A 873A 873A 88 88 92 92 92% *92 *81 83 *87 873A *87 87% 92 *90% 92 91 *91 820 92% 20 11 % 12,300 1,700 10% 11 10 3/4 10% 10% 11 11% 11'A 11 Va 22 22 21% 21% 21% 21% 21% 21% 21 21% 493A 50% 50 Vs 50 3/8 50 Va 50 3/s 50 501/4 26 25% 25% *25% 253A *25% 253A *25% 253A 100 22% 22% 22'A 223fe 22V4 223/8 16,100 163A 16% 16% 17 16% 17 25 25 *25% 22 Vs 22% 22'/a 22'A 163/4 163/4 16% " *83 383/a 77% 11% *86 % *108 87% 108 3/4 100 50 87 V2 108 *99 503/a 6,400 11,900 1 30 84 *83 84 83 Va 84 39 39 39% 39 Va 39% 39 Va 39% 78 3% 77% 78% 773A 78% 76 3A 78 5,500 16,800 113A 87% 108 100 11% 84 *83 11% 113A 863/4 108% 87 863/4 *107% *99 *107% *99 100 11% 87 108% 100 11% 12,700 87 Va 87 Va 70 *107% 108% 11% 100 10 50 100 13% 13% 14 133/4 14 13% 133/4 12% 12% 12 12 11% 12 12 12 20 20 193/4 193/4 19% 19% 19% 19% 19% 19% 333/4 333/4 33% 33% 33 Va 33 Va 200 34% 19'A 19% 19% 1,100 34% 5,200 28 Norwich Pharmacal Co 2 34% Feb 37 Ohio Edison 20 41% 13% 27% Jan 24% Sep 41% 1 18% July 18 15%i Mar 31 21% 20% 31,500 20 common—10 11 36 21% 20% 21% 20% *99% Feb 30 20% 20 % 113/4 preferred Northwestern Telegraph Jan 20% 20 77% Northrop Aircraft Inc 10 16 24% Dec 30 20'A 20 40 100 18 14 20% 19% *66% 29% 10O 22 35 3% Sep 20% 67 26 y2 100 22 26 2,200 11% preferred $4.80 preferred $4.10 preferred 19 Va Oct Jun 35% 76% $3.60 14% Dec 23 67 35% 10O (Minn)— Common 12 VB Oct 7 66% 35% 5 Northern Northern 18 14% 67 14% 15% 14% *91 393/8 11% Feb 4,600 94 83% 94% Mar 29 2,400 15 *91 39% 5 55 75 83% 2 50 54% 91 1 Feb 59 60 55 54% 91 10 10% Jan 7 93% 800 10,200 93 Va *92 *65 50 10 70% Dec 13% 94 Central Ry Co 10% Dec 13% 13% 75 Natural Gas Co 1 94 *91 Northern Aviation 38% 93% *92 9,900 12% 38% *65 Northern American 12 91% 1 North 12% 39 12% 13% 54% 400 105% *105 93% 93% 500 14% *14% 105% 75 1 29 14% 14% *105 Sharet 11% 11% *65 Aug 93A Jun 31'A Jan 16% 45 % Apr 17% Jan 11% *11 35 41% 105 16% 84 Sales for Aug. 1 94 53% 1,500 the Week Friday July 31 13% *66% 10 preferred 63A Thursday *38% 93% 800 14 6% 35% 20% 33% 100 10O 100 1 Corp 109 *13% 6% 35% 20% *89 % No par preferred preferred preferred 3.60% 16 17% Jun : 67 5 6 7/8 , 100 A 3.40% May 21 Apr 24 20 Vb Feb 27 9 ; 15 35% 21% 1 14 35% 14% 35 Va 16% 109% 400 109 94% 13% 54% *66% 67 41% Mhk Pwr Corp com_No par Class 2 200 34 1043/4 14% 19% Corp— No Par $3.75 preferred Niagara 1,900 14% 20% 100 series A Y Shipping Corp Y State Electric & Gas 91% May 27 98% Jun 3 Jan 863A Jan 6 8 93% 54 Va 34% *450 3 Jun 13 % 13% 14% Co Harlem Common Apr 94 13% *66% preferred 34% July 14 28 94 *92 12% 39 *93 94% 91 common N 94 12% *38% 54'A 20 N 29 3A Dec 12% 93% HOLIDAY 105% *105 105% 39'A *65 Preferred 2 Jun * 14% *14% 14% 14% 105 11% 11 11% 33% 6% July 80 July 29 39 54 No par 1 16 230 36% 36% *33% 34 14 6% 12% 93 SATURDAY 13% 6% 12% CLOSED No par 50 N Y New Haven & Hartford Co_10O 30 36% 109% 107% Xl3% 6% 6% 11% EXCHANG1 > York Dock Y & 8 8 36% *33% LOW AND HIGH SALE PRICES Wednesday Tuesday * No par common $5 noncum - 108 108% *14 39% 13% STOCK *26 26% 14% *107% 105 % 105 N 363A 36% 36% *26% 14% 94 % New 23'A Jun 13 1,200 Chic & St Louis Co- 6% 9 40 8 11% 12% preferred York New Mar 24 144 j 14 *39 New 94% Feb 144 6% *105 5 preferred series A 100 York City Omnibus Corp No par 673 2 144 8 36% 108 14% 70 8 May 144 8 July 28 *11 1 1 100 York 1 7 144 8 26% ■ July 26 Pat New July 15 July *142 8% 36% Monday Saturday 17% May 26 9 Apr 350 44'A Aug 106 144% 8% 8 6 Va STOCK New 3 *142% 172% 144% 14 No par 100 New England Electric System 1 New Jersey Pr & Lt Co 4% pfd_10O Newmont Mining Corp new 10 Newport Industries common 1 4%% preferred 10O Newport News Ship & Dry Dock—1 New York Air Brake 5 21 172 *107% 1 Fibre Co Inc 3%% 172 100 preferred 7 97 22 172% 280 preferred 4%% 105'A Mar 25 31 172% 1,400 4 ' 31% 173% 31% 31% 26% Jan 3 9,300 31% *172 172 5 common 75 7 9Va Jan 10 31% 31'A 172% 31% 31% 5,400 20% Feb 104'A Jaii 9,300 94% 88% YORK Bros 22 94% 27% Corp Neisner 1,300 21% 33y8 EXCHANGE 11% Jan 1 95% 102 102 27'A - NEW 1 *94% 95% 22% *94% 95% ' *94% 95% 22 22 21% 22 21% 22% 101% 33% Co 74 29 101 101 101 Va 101 101 101 5,700 *87% 1 8% Jun 25,100 88 56% July 102 27% 27 2 3 27% 88 Jon Dec 27% 26% Vulcanized 53% July 30 14% May 28 85 27% 26% 33% 84 Feb 94 27'A 15% 26% 26% 20 % Nov 30 2,000 26% 16 26% 88 13% Mar 12 26 153/4 34% 30 Nov 15% 87% Jan 79 15% 34 12 77 15% 34 24 29 15% 88 12% Oct 26 15% 16 -V 88 2 Jun 55 33% 11% Jan 25 54% 88 98% Mar 20 99 55 34% 4 2 17% 54% 87% 90 Va Jan 5 17% 55 33% 7 26 55% 17% 54% 100 Feb 20% Jan 2,400 55 17% 54% 1,500 29 83 % Dec 9,500 17% 2,200 Dec 25% Jan 3,600 ll3/a 17% 293/8 Newberry Co (J J) common—No par 60 10% 11% 17% 483A Nesco 3 10% 11% 17% 48% 43 % Jan 41% Jan 10% 11 17% *29% 12% JiTly 25 10 10% 11% 293/s 383A Mar 28 15% Jan 10% 11 49% 9 46 10% 11% 29% 11 26 10% 10% 49 18 Dec 10% 11 29% Jan 34% Nov 26 10% 29% Apr 101 57% 3,300 29% 42% Jan 17% Jun 2,200 56% *29 Vb 13 15% Jun 10 56% 29% xl05 103 10 171% V 29% 7 27 9% 56% 173 33% 11 Dec 9% 56% 173 49 21 87 9% 57% 173 33% 8% Jan 102 9% 56% 173 49 34% Jun 91 9% 57% 173% 33% National Highest 9% Jun 103% Nov 70 9% 57% *173 STftPltR Range Since Jan. 1951 Lowest 173 9% 173 49% Natomas Range for Previous Year 12,100 33% Co conv 33% 48% 4 8% Mar 20 Tea 33% 34% 3 Jan 16 Sugar 1,400 1,000 33% 49% preferred 4% % 109% July 31 2 Jan 13% May 16 6 % Jun 3 18% 20% 33% No par (The) Pa com—10 National Supply 15 3 90 Nov 18% 20% 33% 36% • 10 Ref Co 30 %n 16 30% Dec 83 18% 20% 33% *33% No par Corp Corp Feb 32% Feb 2 21% Jan 18% 20% 34 49 National Shares 25% Jan 8 25% Nov 18% 21 33% 8 1 Linen Service Corp National Steel 18% 21 34 16 Natl Malleable & Steel Cast—No par 2 2 18% 21 172 177 17 Jan 18% 20% *142% 20 15 43 18% 100 preferred A preferred B 13 13% 20% 31 Feb Jan 1,500 *94% Jan 56 13% No par 5 100 Jun 25 13 Vb 21% x8 Jun 13% 101 165 25% Jan 13 1 136 30% Jun 13% 13 26 Va 100 4 6% 2,400 13 17% No par 26 156 5 36 54 25 185% Jan 12 550 35% 10% Jan 31 8% Sep 88 35% 20% *85 10% 1 preferred $4.50 203A 84% 35% 9% 1 National Lead Co common 29 20% 86 35 3A 57 Va 9% Jan 165% Dec 134 % Dec 43 Jan 7 May 1 25 3A May 89 20% 85'A 35% 173 1 4%% pfd ^rn-ies of 1951 National Gypsum Co common 20% 85 35% 33% Stores 5 National Distillers Prod common—5 7 20% 85 35% 12% No par Inc Co 20% 85 35% 18% Department National 4 23% July 2 Register 20% 86 20% 10 Corp Can 20% 35 100 preferred A Cylinder Gas Co National Dairy Products 18% Mar 27 19% 85%' Corp Chatt & St Louis National 20% Jan 17% May 1 19 Apr 23 6 Nash-Kelvinator 91 17% May 1 60% Feb 20 2 S 100 Acme Co 1 Airlines 1 Automotive Fibres Inc—1 Aviation Corp 5 Biscuit Co common__—10 21% Mar 28 36 2 17% July 51% Jan 4.6% 25 50 2.50 *333/4 34% *333/4 19% 19% 19% 19% *19% 19% 191/4 13% 12% 13% 12 4,700 5,400 1,800 L. O 30 Va Jan 2 33% Aug 20 98% Dec 26 110% Mar 12 86'A Dec 27 99% Feb 27 33y8Jan 100 Jan 14 88 3A Jan 8 104% May 15 43% Mar 13% Jan 18 29_ 57% Sep" 10 19 22 Oct 10 2 20 Jan 8 52% Feb 22 Jan 27 2 106% July 29 94% Apr 106 Jun 60% Apr 25 Aug 97 Jan 8 111% Oct For footnote «•»»» 8 26 17% Mar 13 18% Mar 16% July 10 May 17% Jun 102 Mar 25 108% Jun 10 56% 563/4 56% 56% 56% & Elec Co com—10 23% 24 24 24 24% 20 1 *18% 18% *18% 16% 16% 16% Co Oklahoma Gas 4% preferred Oliver 4%% Corp 34% 34% 106% preferred 3.90% preferred 4.56% preferred Oil 34% 3 4'A 105% common 4.40% Ohio 34% 8 100 100 100 No par Co common convertible new preferred 100 *92% 106 104 92% 106 104 106 92% 106 103% 106 % 92% 106 18% 16% 104 106 92 105% 18% 34% 341/4 34% ♦105% *92 106 92% 105% 105% 56 % 56JA 56% 56% • 243/4 *24% 24 y8 24% 7 25 34% 106 92 105% *18% 18% 16% 16% 103% 103% ••• 18% 161/4 16% 103% 103% 106 106 % 190 *92 92% 290 *105% 56% *18%'L 18% 16% - 16 Va *103 600 106 . ..104 3,100 1,900 .<•- 200 9,100 120 Number 5139 Volume 176 . . The Commercial and Financial Chronicle . (435) 23 NEW YORK STOCK RECORD Bange (or Previous Year Lowest Bangs Sines Jan. 1 Highest 10 Aug 6 96% Jun 15 25 STOCKS 1951 Mar 24 33% Jail 25 17% Sep 13 75 Dec 19 73% Feb 2 Lowest 13% Jan 2 105 Jan 5 8% Apr 91% Apr 27 Dec 6 27 Feb 5 39% Apr 13 21% Jan 12 SB Feb 19 81 Aug 6 89% Aug 30 NEW Highest 12 15 13% Aug 1 106% July 29 27 YORK LOW AND HIGH SALE PRICES STOCK EXCHANGE Feb Monday Omnibus Corp (The) common 5 8% convertible preferred A__100 103% *27 Collins Otis Elevator 23% Mar 10 Outboard Marine & No par Jan 2 79 Feb 19 83 Jan li 52 Jun 11 Owens-Corning Flberglas the Week Shares 12% 12% 12% 12 Va 123/4 12% 13% 106 % 106% 106% •1053/4 106% 1053/4 106 Va *27 28 % *27 28% *27 28% *27 28% 37 % 37 37% 37 37% 37 37% 22% 22% 23 28% 23 23 *23% 81 *79 Owens-Illinois Glass Co Aug. 1 12 ♦79 5 Friday July 31 104 37% Corp Sales for Thursday 12 37% Mfg July 30 104 2.50 Outlet Co 41% Apr 24 70% Jun 23 Wednesday July 29 No par 19 23 12 10 88% Mar 25 Tuesday July 28 Oppenhelm 5 85% Jan Saturday July 26 Par 37% 23% *22% 23 22 81 *79 81 •79 81 *79 20,200 1,410 3,800 1,800 81 46 45% 45% 46 46% 46 3/4 47 46% 46 3/4 77% 12.50 46% 3,700 77% 77% 77% 76% 78 75y2 76% 76 Va 77% 4,800 13'A 133/8 13% 13% 2,800 P 16% Nov 28 95 Nov 16 14 Dec 20 17% Jan 10 21 Mar 21 13 Aug 1 101% Mar 1 92 Apr 8 19% Feb 6 14 Apr 30 35 Oct 1 25% Mar 22 17% Jan 14 97% Jan 24 Pabco Products Inc preferred 100 19% Jan Pacific Amer Fisheries Inc 5 11 53 July 13 65 Nov 29 51 Mar 17 30% Apr 56% Apr 37 Apr 6 44 Feb 35 Mar 18 40% Jun 27 16% Jan 3 25% Dec 27 29% Jun 23 31% Mar 27 Jan 34% Mar 3 32% Jun 12 54% Mar 6 BO 49% Feb 5 3 Lighting 24 Jan 2 145% May 19 5% Jan 2 7% Mar 22% Sep 19 3 9 Dec 6% Mar 7 4% Apr 30 40% Oct 6 Feb 20 92 Dec 31 7 Jun 29 21 May 24 40% July 10 2% July 2 40% Jan 11 31% Jan 3 6% July 31 62 Nov 20 59% Jan 18 93 Feb 5 33% Sep 20 Jan 15 4% Jan 9 63 ya Aug 7 57 39% Sep 20 8% Jan 16 13% Jun 29 21% Feb 14 7% Dec 21 10% Jan 8 Dec 21 25 % Jan 8 34% Dec 28 64% Apr 11 41% Aug 21 74% Jan 10 19 12 ya Jun 25 22% Jun 29 19% May 24 102% Dec 10 9% Apr 24 33% Jan 10 104% Jan 10 8 8% Jan Mar 15 x40 Jan 7 18 25 20 7 13% Apr 9 Park 3% Jan 21 Park 2% Jun 19 July 30 68 34% May 7 6% Feb 15 38 42 ya 8% May 15 5% July 2 17 July 2 81% May 2 65% Apr 29 Feb Jan 15 26 8% Apr 28 18% Jan 7 8% Jan 29 20% Jan 29 34% Jan 2 72% Feb 8 Davis prior conv Coke Jan 108% Feb 11 26% Feb B 31% Jun 19 111% 111 % 111% *1113/8 111% 111% 1115A 111% 111% 142 1413A 1413/4 141 141 *140% 1413/4 7 63/4 6% 7 6% 8% 5 4% 5 9% 10 9% 10 10 39 *37 1 33% Jun 25 121% Aug 3 29 109 33 Dec" 13 2 22% Dec 17 103% Dec 31 18 100% Nov 30 July 21 May 3 42% Jan 2 117% Jan 2 63% Mar"27 57 Mar 11 37% July 31 63 y4 Jun 27 30 Nov 14 29 Apr 17 80% Feb 26% Feb 23 22% Jan 2 8 103% Jan 2 xll5 106 110 Jan Feb Jan 9 4 Jan 17 xl03% Jan 8 93 14 25 May 15 111% Jun 17 99% Jun 108% Mar 24 4 Year 17% Jan 19 18% Jan 1 20% Feb 8 2 27% Dec 13 26% Jan 2 33% Jun 25 81% Dec 13 90 Apr 12 49% )*n 30 95% Feb 27 56% Mar 9 91 Dec 28 107% Jan 16 93 July 11 104% Jan 19 83% Jan 3 42% May 15 93% Jan 12 95% Feb 13 101 May 3 110% Jun 29 39% Sep 13 Sep 28 110% Jan 26% May 21 1 15 16 148 Jun July 152% Dec 6 18 Jan 1 21 153 Jun 28 174 Feb 1 151 Jan 4 164 July 23 54% Oct 3 2 2 11 Sep 23 30 Jan 132% Jan 17 9 Jan 18 33% Jan 3 Feb 9 98 147 31% Jan 2 14% Apr 12 36% Aug 23 46% July 2 15% Jun 28 4 10% Jun 29 27 57 Feb 28 20% Oct 15 15% Nov 30 15% May 1 42% Mar 17 9 Apr 28 17 % 17% ♦17% 17% 33% 33% 33 33 33% 33% 33 333/8 ♦33 331/2 1,100 68 V4 68 68 68% 68% 685/8 68% 68% 68 68% 3,400 ♦133/4 25% Jan 21 2 85 Jan 17 80 Jan 17 20% Apr 18 24 Jan 30 31 142 Pet Milk Co 4%% Corp of May 28 13% Jan 18 85 Jan 11 62% May 8 13% May 16 95 Feb 19 80 30% Feb 19 30% Aug 119% Feb 1 Fhlla Eleotric 24 May 24 92 Dec 18 91% Feb 13 24% Nov 16 27% Feb 13 Feb 21 107 81 24% Jan 92% Jan 106 Sep 11 27% Jan 2 48% Oct 8 62% Dec 28 110 May 23 31% Feb • 29 48 Feb 1 Nov 28 159 Jan 22 Jan a 29 18% Jafi 2 25% Oct U 3% Apr 19 2 3 May 16 87 Nov 28 33 Jan 2 Feb 0 Mar 0 Oct 4 5% Feb 8 Jan 9 82 5 103 45% Oct 18 For footnotes see page 26. 93A *42 Vt 44 42% 39% Mar 20 68% May 107 1 223/4 17% 17'A 17 Vt 17% 17 Va 17 Va 16 3/4 17 28% Apr IT 3 24% May 1 35% 345/8 353A 1093/4 "IO93/4 1093A 110 Va 320 37 Va 37 37% 37% 50 375/8 37% 371/2 12,600 62% 62% 62 % 62 3/4 62% 623/4 62% 62 Va 62V4 62 Va 1,380 preferred common No par 30% No par com 24% 100 110 , 30'A 30 Va 243A *24 Vt 110 YORK 23% Jan 2 Jan 3% Apr 9 88% Jan 40% Mar 2 I 72 7 3% Jun 18 111 97 *96% 105% 88% Apr 14 79% May 13 4% Jan 23 4 % Jan 11 97% July 18 Jan 21 46 105 LOW AND STOCK Saturday Par Monday July 26 30% 30 Vt 355/8 110 30% 30% 33% 110 30% 30 Va 3,700 25 24 Va 24 Va 24% 245/8 24% 24 3/B 800 111 ♦110% 111'A •110 Va 111% •HOVa 1111/4 98 *96 Va 105% HIGH 30'/a ♦96 Va 98 105 105 98 •104% 106 Wednesday July 29 July 30 60 98 100 105 90 Thursday Friday the Week July 31 Aug. 1 *96V2 105 SALE PRICES Tuesday July 28 Sales for Shares 1 17% 17% 17% 17% 17% 17% 17% 173/a 3 32% 33 32% 32% 32% 32% 32% 32% 17% 32% 33 preferred series A 100 Philip Morris & Co Ltd common—5 *85% 87 *85% 87 87 87 87 3/4 873% 86% 86% 120 453/4 2,000 Corp common 3%% 4% preferred 100 No par Hosiery 25 common No par convertible Pitts guaranteed Electric Potomac conv Publicker $4.75 •14% 15 ♦14% 15 95 •94 95 *94 95 94 60 61 X60 60% 10% *10% 11 % 35% 35% *100% 101% 16% *104% 28% __ 35 *100% 16% *104% 60% 593/4 11 Va •103/s 353/8 353/4 100% •100% 16% 163/4 163/4 __ ♦104% __ 29% 28% 28% 92 91% 92 *90% 92 99% 99,% *99 993/4 51% 52 17% *150 17% *17% 17% 28 51% 17% 28% 52 17% x35 28% 92 52 17% 17,200 100 35 3% 353/8 101 % 30 16 % 1,300 28% 2,800 28% 28% •90 Va 92 513/4 3,300 17% 1,200 17% 173/a ♦150 *150 155 ♦150 155 *163% 165 *163% 165 10 51% 52% 51% 52% 513/4 523% 515/a 52% 51 % par 9% 9% 9% 9% 9% 9% 9% 91/4 9'/a ♦21 100 73% *72% 73% 21 73 21% 73 21% 21 21 % *73 73% 73% 73 Va •72% 73% 73 73 213/4 21% 21% 21% 21% 21% 213/4 *140 150 30% 9% 73% 21% ♦140 31% 30% 12 12 11% 11% *11% 31% 31% 31% 313/4 31% 31% 52 73% 22 31% 155 165 72% 22 150 ♦163% 20% 73% *140 155 165 *72% *72% *45 10 21% 73 150 21% •140 213/a , •140 150 313/8 31 31% •11% 12 •11% 31% 32 31% 31% 30% 12 12 45% *45 453/8 *45 453/b 45% 45% 45 45 Va 17 17 *17 17% *17 17% 17% 17% 17% 17'A 15% 16 15% 15% 15% 15% 15% To" 8,100 2,800 3,200 250 100 1,200 150 31% 31 50 200 51% 521% 99 155 100 92 99 99% 163% par 1,500 •105 163% ♦150 "lO 60 Va 11% 100 ♦163% 300 •100% 16% 35 ♦105 *983/4 953% 59 % 101% *16 J/4 100 •103/a 60 100% 17 100 52% 953% H% 35% *90% 52 *98% 953/4 101% *98% 1 953/4 45% 453/4 100 2,900 400 3,400 400 700 15% 16 11'A 16 2,400 11% 7,100 10% 10% 10% 103/4 33% •*33% 33% No par 66% 66% 66% 66 3/4 66% 663/4 66 3/8 663/a 66% 66% 4,300 5 13% 13% 13% 13% 13% 13% 13% 13% 133/4 4,300 No par 80 3% 803/8 •80% 133/4 80% Inc com preferred cum 4.64% 3%% Colo 100 & Gas com 115% 100 preferred *114% 83% 83% No par preferred 25% 26 $1.40 div preference com__No par 4.08% cum 27% 100 preferred ♦101% 27% 102% 100 preferred 4.70% •107 108 *28% 31 *114% *83 '25% 283A 28 3/4 700 31% 31% 313/8 15,600 ♦1143/4 115% 115% 115% 1153A 1153/4 84 84% 84% •83% 85% •83 Va 85 % 40 26 25% 26 25% 26% 273/4 25% 26 Va 12,100 115% 273/8 27% ♦101% 1073/4 102% 107% 41% 42% 67% 66% 67 107% *107% 108 No par 31% 31% RKO Theatres Corp Ralston Purina Co 3%% Raybestos-Manhattan pfd 10° No par 31% 26% 27% 273/4 101% 101 % •107 42% 66 108 42% 663/s •107% 1073/4 31% 313/4 26% 27% 101 •100 102 •107 108 65% •107 31% 42% 653/4 107% 31% 26% 26% •144% 145% 20 25% 25% 25% 600 26% 26% 25,000 76% 76% 27% 26% 26% 26% 26% 26% 76% 75% •76% 77% •76% 763% 3% 3% 33/8 96% 963/4 44% 95 *43% 700 263% 26% •433/4 7,900 32 145% ♦75% 3% 65% 107% 26% 25% 3% 3,600 145% 25% 3% ♦31% 200 100 423A •25% *25% 3% 643A ♦107 5,100 253/a 263/4 26% ♦143% 25% 4 42% 500 145% 26% 146% 27 763/4 4% 27% 108 42% 25% •144 27% 101 26% 146 • •107 •144% 3% 110 283% 31% 31% Corp 80 % 100 28 3/4 66% Pictures 80'A 80% 34 31% *107% com„No par No par 1 1 *33 Va 28% No par 100 preferred 11% 34 31 PUje Oil (The) common 5% ponv preferred Purity bakeries Corp Radio Corp of America 81 103/8 •33% 28% 41% Quaker Oats Co (The) com 8 6% preferred 100 Quaker State Oil Refining Corp__10 103% 34 31% No par 41% 10% •33 29 Pullman Inc RKO 96% 453/4 *98% 33% Industries $3.50 1st 59% *10 45% 100 1 Gamble-. Pub Serv El 15 *94 4,800 10,500 preferred series A__50 Pressed Steel Car Co Inc com & ♦14% *14% 1 Co *953% 15 94 96% 15 No par Power 96% 97 95 *16% 1 class B 45% *98% No par preferred Pocahontas 45% 100% No par Pittsburgh Plate Glass Co— Pittsburgh Screw & Bolt No Pittsburgh Steel Co com No 5% preferred class A 5%% 1st series prior pfd Creek 45% *94 100 Consolidation Coal Co 7% SATURDAY HOLIDAY 17% *98% *14% 2 preferred (conv) 45% 100 10% STOCK EXCHANGE CLOSED 5 Pitts Coke & Chem Co com__No par $4.80 preferred *96% 100 No par Pitts C C & St L RR $5 45 *98% 100 5 5 17,400 35% 109 % 36% 31 27% Feb 343A 50 353A 29 4 2,600 109% 80% 18 163/4 37 31 Jun 700 16% 36 29 85% Jan 223/4 110 80% 148 102% ♦22 Va 36% 10 7 400 *101% 35% Co of July 100 23,000 109% Co of Indiana—No par 28 1,500 10 1 Serv Apr 103 36 Va 43 ♦42 102% Serv 32 9% 42% 223/4 Public 110 42% 333A 140 *34% 10 ♦101% Public a 343A 223A 2 18 140 Phlla & Reading Coal <fc Iron 22 Jun 93/4 *32% . 4,900 Fhllco 17% Jan 16 43% Jan 11 <8% Jan 23 42% 343A 22 3/4 •105 Procter Apr 10 333/4 140 ♦101% 100 1 88% Jan 138% Jan 102 36% •32% 140 23 4.3% preferred 68% Apr 108 *34% 10 103 333/4 139 102 97 4%% 87 May 16 26% May 20 27% Apr 28 102% May 9 Jan 24% Jan 139 22% 100 4 2 36% *32% 9% 116% Feb 109% Jan 102% Jan 41% Apr 2 46% Mar 28 •101% preferred Jan 86% Jan 100 ^100 preferred 3.8% 33 3A 138 137 *34 Vt 10 30% Mar 28 May 13 300 4,600 28 12.50 preference conv 4.4% Co *32 3A 35% 81% Feb 26% May 28% Apr 7 16 14% •27% 23 Poor & Co 1 ' 400 293A 28 23 22 1 14% 29% •27% 5 19 May 14% 293/4 28 5 America Pond 9% May 14% 29% *27% 43 43 100 Phelps-Dodge Corp Philadelphia Co 6% $1 No par common preferred 13 Jan 293/8 17% 9% 65% Feb 44% May 21 16% May 13 14% Jan 7 14% 29% 17% 173/B 33 %c 37% Mar 15 25 2 *106'A 14% ♦17% 2,200 34% July 9 12% Feb 14 27 10 109 3 Dec 21% Jan *106'A 17 26% May 24 79% Dec 109 29 Feb 23% Jun 17 28 31 July 22 29% *27 % 25% Apr 11% Jan Jan 14 Vt 29% 29% 28 Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 Plttston Co (The) 1 Plough Inc 5 Plymouth Oil Co 3 129 33 84 21 *133/4 14'A 29% Pittsburgh Forglngs Co 4 17 31 Dec 3/8 17'A 28 Pitts Ft Wayne & Chic Ry com__100 Jan 71 17 29% Jan 10% Jan Xl7% 1 14 53% July 21 3,803 6 . 25 23 70% May 21 16% Jan 80 17% Jan 19% Jun 41% Jan 62% July 2 16% Nov 23 70% Dec July 15 Feb 4 24 53 % 142 3 Oct 13 1 10% Jan 30 29 95% Feb 3 28% Jun 135 37% Jan 106% Jan 28 Feb 21% July 17 108 110% Jan 21 Dec 131% Nov 30 Jun May 2 22 21% Dec 21 33 46 8 156 Nov 27 13% Jan 1 Jan 6 70% July 24 73 May 17 25 37% Jan 25 8% July 51' Sep"17 Jan 97 37% Jun 90 102% Apr 2,400 2,500 6Va 6% 333/4 Pillsbury Mills Inc 84 preferred Pitney-Bowes Inc 4 73/4 10% 6 138% 5 Jan 16% Apr 29 73A 10% *34% Mar 5 98 6 6 363/4 73/4 10% 1373/4 39 33% Jun 8 6 6 ♦36 Va 73A 10% *32'A Phoenix 100 6 8 10%. 100 2 23 363/4 *7'3A 10 100 4 Sep 27 •36% . 27,100 Jan Jan 36% 7% 10 Vt 200 2,900 27.600 52% 12 17% Jan *36 Va 10 2% 44 20% 62% July 17 36% 7% 10% 2% 43 1__5 10% Mar 14 98% May 10 16% Mar 27 x95% Jan 2 5/a 433A Peoples Drug Stores Inc Peoples Gas Light & Coke 48% Feb 20 July 29 2% 42% 29 1 9 6 8 25/8 43% *36% 36% 25/8 42% 52 6 22 363/4 23/a 43 Va 53 54 Sep xl7% Jun July *36% *36% 3.90% series preferred Phillips Jones Corp com 5% preferred Phillips Petroleum 19% Jan 38 38 2% 423/a 53 94 91 38 5/a 54% 13% Mar 15 110% Jun 29 38 2 44 54 7 39 38 *37 3/4 39 2% 54% 7 104 *373/4 543/B Mar 2 4,100 9,900 55 Dec 2 8% 22 Va 54'A 20 Jan 8 Vt 22% 10 98 Jan 8% 22% Mfg Co Pennsylvania Salt 6 16 83/a 22% 109 28 31 8% 223A 283/4 20 Va 14% Dec 95% Oct 22 8% 22% *106 Vt 95% Feb 39% May 24 11% Dec 3 8% 223/4 1 EXCHANGE 29 3 8% 22 % 203/a NEW Jun 70 8% 29 Highest 20% Jan 100 3,700 109 Bsnge Sines Jan. 1 Lowest Highest 97 22% STOCKS 1951 79% 97 20% Bange for Previous Lowest 40 79 98 8% 423/4 Pfeiffer Brewing Co Pfizer (Chas) & Co Inc com 4% 2nd preferred (conv) 46% Aug •38 79% 285% Petroleum 26 40 •106'A 22 35% Nov 783/4 •97 20% 25 19% Jan •38 29 7 9 98 35,800 22'A 1 Pepsi-Cola Co 16% Jun 23 793/8 100,300 109 15 2 40 78% *97 300 5Va 10% 28 5/a 10% Apr 44% Jan 105% Apr 23% Jan 97 9 5 10% 20 Va 8% Feb 20 1 79% 97 9 5% 10% 120 1,900 •106% 19 2 79% 9 5 10 22 5/a 20 Vt 12% Jan Jan 39 79% 98 221/4 1 Peoria & Eastern Ry Co—. May 39% 79 ♦8% 5% 10% 4% 98 . 9 22% 29% 18 40 *8% 22% 28% 40% Feb 101 *37% 9 23 20 Va 6 9 *83A 223/4 220 7,700 20'A Light Co 7 13 8% 223A 4% 1 RR Feb 56 Apr 105% Feb 225/8 7 29% & Feb July 31 223/4 6% 20 Power 31 140 6% 7 29 Pennsylvania 15 22% *140 50 Penn 20% Jun 84% Apr 142 63/4 No par 29% July 24 23 *140 100 129 20% Jan 45% Nov 900 111% preferred 2 23% Sep 10 22% Mar 12 13 2,300 33'A 7 29 130 18% Dec 26 Dec 51% 33Vt 10 Dec 3 25% Jan 14,100 51% 333/4 Corp 38% Oct 100% Apr 27 17% Jan 11 Oct 35 Va 51% 335/8 Corp com 29 8% Jun 34% 513A 33% Corp Cement 25 Jun 35% 5P/4 2.50 Co 4 34% Mar 27 35 51% No par Penney (J C) Jan 67% Jan 34% 20 1,300 34% No par Penn a Glass Sand 6 29 No par Penn Coal & 13 ♦28% 33% preferred 5 17% Feb 27 29 33% & Penick & Ford 29 % Jan 50% May 39% 29 35 common 14% July 16 30 Va July 24 18 *39 28% 28% 51% 5 Co 23 Dec 39% 28% 28% 51% Peabody Coal 15 27% Apr 18 57 34% 7% 5% *56 x33 % 10'A 23 105 57 *39 1,100 29 ♦56 39% 33% 5 26% Feb Sep 28 *28 Va 57 ♦39 51% No par Penn-Dixie 29 *56 35 Proof Co 23% Jan 112 28% *28% 57 39% 33% Inc Transportation 12% Apr 28 *28'A Patlno Mines & Enterprises 15% Mar 16 Dec 153/a 100 Co 27% Mar 10 29 91%' *39 No par Airways Petrol & Parker Rust 5% 29 *15% 51% Pictures Corp Distillers Corp Utah Consolidated Mines Parmelee 28 % ♦90 15% 34% & Tilford Parke * 29 13 92 25 Paramount 16 15% *56 56 39% Transp 5 Panhandle East Pipe L com__No par 4% preferred 100 Panhandle Oil Corp 1 80% Mar 13 18 91 Pan-American 43% Jan 13% •90% 153/4 No par Car World 21 % July 16 86 Apr 30 *28% 133/a 91% *15% 10 Motor 14 71 54% Mar 18 56 133/8 *91 153/4 No par Corp preferred Amer 13 26% Jan 111 81 Pan 9% Jan 5 34 Apr 12 4% Packard 100% Jun 10 16 41 2 2 29 111% Jun 29 22 Jan 15-% 29 133/8 91% *90 15% •39 6% 100 Pacific Tin Consolidated Corp 1 Pacific Western Oil Corp common_4 17 16% Jun 25 9% Jan 6% May 22 12 Electric Telep & Teleg com preferred Jan 24% Jan Jun 26% Mar 15 & 133/a 91% 15% 10 Pacific 7% Apr 52% Jan 30 HOLIDAY Gas •90 *28% SATURDAY Mills May 24 29 10 common No par Pacific 3 CLOSED No par Pacinc 29 STOCK EXCHANOB noncum Pacific 132 4% Jun preferred 9 30 8% Jan 1st No par com 2nd preferred noncum Pacific Finance Corp 52% Jan 16 151% Jan 6% Feb x9% July 18 Pacific Coast Co 35 % July 14 112 y4 Mar 11 108% Apr 14 Feb conv 25 11 4% Jun 36 5 cum 17 Apr 28% Feb 114% Oct *130% Dec 27 17 2 24 Nov 103 25% Jan 17 x49% Jan 31 15 4 4% 3% 3% 3% 4 3% 3% 33/s 3% 5,500 700 4 13,300 3% 17,600 953/4 •95 96 •95 96 *95 96 44% *43% 443/4 •43% 443/4 ♦43% 443A 150 Chronicle The Commercial and Financial 24 . . . Monday, August 4, 1952 (436) NEW YORK STOCK RECORD LOW STOCKS Range for Previous 337a July 29 33% Dec 24 37% Feb Jan 3 36% Mar 24% Nov 24 327s Feb 2574 Feb 4 31 Jun Feb 20 40 May 13 15 11 35 July 34 13 8 36 44 Feb 16 30 Dec 14 37 Feb 3 307a Jan 13 Dec 19 19% Feb 7 117a Feb 35% Aug 22 29 207a Feb 1 1872 Jan 15% Jun 25 2174 Jan 5 157a Mar 31 12% Feb 8 5 9 25 2872 Mar 22% Aug 30 9 % Aug 1374 Feb 21 54% Dec 15 147b Jan Jan 11 2 (Robt) Mills 1072 July Reliance Jan 58 23 177/a Apr 24 Apr 3 26 2174 Jan 19 187a Jan 3 2 July 30 98 907a Feb 237a Feb Mfg Reo 9 Motors No par 5 100 50c 25c Co common series- pfd 3 72% Conv Remington-Rand $4.50 preferred SATURDAT HOLIDAY 10 preference Corp Stores common 137a Jan 19 18% July 29 Republic Aviation Corp 24 21 37a Jun 27 974 Jun 6 57s Jan 11 107/a Mar 29 Republic Pictures common $1 convertible preferred l 4474 Jan 30 Republic Steel Corp com No par 6% conv prior pfd series A—100 Revere Copper & Brass No par 29 49% Feb 2 July 19 11874 Jan 5 10874 Jun 24 9 5 28 7a Jun 16 35% Jun 347/a May 27% Jun 25 6% Jun 28 38% Jan 25 139 87a Feb 25 Jan x7% Nov 28 31% Dec 26 Jan 2 41 Jan 28 2 10 43 Jan 3 3 92 V* Apr 25 1017a Jan 2 10674 Jun 4 5 537a Feb 745/a July 27 6% Oct 18 572 May 13 42 Feb 17 •237a May 16 45% Dec 31 47 Dec 26 437/a May 15 Apr 3 4 34 V* July 12 9378 Jan 20 160 7t Aug 29 31 100 Aug 30 11 2 47% Jan 3 87a Jan 3 7 39 ye Mar 89 7* Dec 20 Apr 4 4 Gas El Si 14 Rochester Jan 22 Rohm Apr 23 1872 Feb 15 2474 Jan 3 Jun 17 l77/e July 18 9 29% Feb 29 337a Jan 10172 Jan 9 877a Jun 24 997a Feb Sep 18 Jun 4 4074 *32 72 *3272 34 *39 *327z 33 *1178 12 117a *1978 20 *1978 17 17 177a 163/4 *674 7 7 *672 7 67a 5774 *56 72 2074 20 207a 98 973,4 98 97/a 7 200 200 97a *5672 207a *94 98 *98 1,700 57 72 "10 20% 20 *98 100 1,200 29 *65/a 57% 20 163/4 9 72 97a *5672 9% 5774 20 93/4 500 20 29 29 200 ll5/a 163/4 97a 9% 57 72 97a 577a 207a 974 67a *28 72 29 72 *28 72 29% *2872 29% 163/4 163/4 I778 200 33 12 20 *17 900 4074 *11% 11,800 300 100 237a 227a 237a 227/8 23 74 223/4 23 227a 227a 9,100 177/a 177a 18% 187a 1874 18 74 187a 18 3/8 1872 12,300 1,900 37/a *97/a 4278 57a 7% 347a 343/4 89 106 74 28% 70 *25% 67/a *44 72 45 74 177a 173/4 1778 177a 367a 363/4 363/4 37 5 . 72 12,200 25% 7% 27% 17,700 1,300 277a 277a 447a *44 72 17% 173/4 177a 177a 177a 3,000 363/4 363/4 3672 36% 363% 363/4 2,600 *27 2772 *111 115 103 *10172 103 127a *10172 12 12 74 12'/8 2072 400 45 700 115 115 11372 113 *10172 103 127a 20% 12 2074 4,400 5,600 203/4 20% 633/4 *6372 157a T67a 167a 1672 1674 16% 2,166 3?% 3734 3274 32% 3274 32% 5,100 207a 203/4 *63 6372 1574 157a 1674 16 693/4 4472 12 7a 12 *63 1,700 17% 103 207a 21% 64 2772 45 277a 115 114 230 27% 7 7 100 90 106 74 106% *2574 26 7 7 *4472 45 *10172 127a 12 20% *63 74 72% 71% 263% 7 27% 117 273/4 713/4 *26 *674 103 106% 600 8,000 44 *88 69 74 707a 26% 35 *4172 28 273/a 1163/4 44 90 *105 74 2772 106 74 73/4 347a 273/4 *441/2 *10172 357a 11,500 20 195 *7 7a *105 74 *253/4 7 4,300 537a *189 7% *88 44 90 27% *67/a 273% 537a 54% 200 *41% *4172 *88 70 263/4 10,500 28 7a 28 703/4 *26 12 100 5% 10674 *10572 10672 287a 33% 5 347a 89 89 100 327a 5 7a 533/4 35 44 *4172 44 112% 337a *73/8 7 72 347a 347a 1123/4 11272 *192% 200 772 42% 5 533/4 533/4 72 7 772 300 10 417a 327a 5 7a *190 191 190 37a *978 42% *111 32 72 5 54 523/4 , 1123/4 32% 32 7a 5 5 74 53% 203 *111 11274 37/a 97a 42% 10 4l7/a 317a 31% 37a 97/a 10 427a *111 113 37s 37a 37a 4 37a *97/a 42 97/a 423/8 347« 1 ——No par (Jacob) _—— Ruppert *39 41 *39 *1978 *4172 Co common Royal Typewriter Ruberold Co (The) 41 193/4 *88 4% 6574 July 15 54 Jan 107a Apr Haas 297a 7% preferred series A „—100 Ronson Art Metal Works Inc 1 & 297s 12 5 7a Corp—_No par 20 377» Apr 2974 34 53 Corp 155 1074 July 26 V* Sep Co 29 197a *186 Company 103 May 20 13 63 Oct 17 1274 Feb 21 297a Nov 197a Jan 10272 Jun 20% May 29 15% Jan 207a Jan 2 487a Jan 23 337a Jan 110 23 Feb 107 Rltter 29 74 *1178 317a No par No par Roan Antelope Copper Mines Robbins Mills Inc common 20 4.50% preferred series A 50 Robertshaw-Fulton Controls —.—1 Oil Richfield 2974 Jan 2 167a May 21% May 2 3.60% Manufacturing Rheem 9 July 24 77a Jan 22 26 5 237a Mar series Preferred 4.50% series Preferred 29 7a *32 *110 72 10 100 100 —1 Common Jan 12 33 2574 May 19 16 10 8 16% July Reynolds (R J) Tob class B 357z Feb 5 26% Nov 4% Aug 21 8 2 Jan .2,000 29 12 37A 1 10 Reynolds Spring Co 13,700 35% 33 97/a No par convertible preferred—100 2 1072 Jan 337. 357a 20 2.50 Inc Drug 572% 33 35% 197a 413/4 10 Reynolds Metals Co com 26 85 Oct 32 1 40% Jan 6274 Sep 34 y2 Apr 19 Jan 30 Feb 242 32 7a Jan 10874 Mar 19 50 ye Apr 23 May 1 Rexall 2 6772 Jan 1 77a Jun 23 98% Jan 13 Dec 83 *101% Dec 6 6% Jan May 180 Mar 31 45 33% July 31 July 29 5 49 13 240 Sep 13 11% Jan 29 36 Jan 4 667a Sep 3 Jan 115 333/a 35 227, 1 50c 9 6y4 Sep 111 33 35 1774 • 117a Sep May 3372 35 ♦117a *9374 1674 Jan 38 337a ' 27 9% Jun 337a 3574 29 41 *674 Shares 327/a 2972 20 3% May 21 10% July Aug. 1 *39 *29 29% the Week Friday July 31 July 30 *343/4 32% 35 *56 1 Inc Thursday Wednesday July 2!) 35 3272 STOCK EXCHANGE CLOSED No par 50c Sales for PRICES SALE Tuesday July 28 *39 & Co— prior div $1.25 7 Reliable 2 87/a May 2nd preferred Reeves Bros Inc. 3072 July 24 7 17 227a Feb 3 167/8 July 772 Jan 17 Jan 53 2 22% Sep 17 100 Apr. 6 Feb 64 2 90 noncum Real Silk Hosiery Reed Roller Bit Co 8 July 1 1774 Jun 26 : 50 50 5 preferred 1st noncum 4% 1 25 50 common 4% Reis 57a Apr Co 22 8 7% Dec Reading 18 1374 Jan 4 Jun 17 1 HIGH AND Monday 32 7e 1 Rayonier Inc common $2 preferred 1 24ya May Par EXCHANGE Highest Lowest Highest Lowest Saturday July 2(5 STOCK YORK NEW Range Since Jan. 1 1951 Year 64 €4 *63 . S 41 ' 57 2 16 17 x607a Feb 27 70 8 240 247a Apr 71% Oct Jun 29 205 Apr 5 320 May 11 122 Apr 11 148 Jun 117a Jan 10 18% Sep 8974 Jun 12 96 Nov 7 59 Sep 11 10 19 19 9 31 21 27 102 Feb 26 1 108 Jun 11 38 Jan 21% Jan 17% July 10 24^ 31% Nov Mar 30 41 87% Dec 99 Nov 31 July 83 Dec . Feb 22% Sep 2 41% Jan 8 107% Dec 28 2 15 13 104 107 75% Jan 86 67 ya Jan Feb 16 827a Jan 18 15 14 19 4 4 25 12% Feb 13 50% Feb 29 58% Aug 15 21 Feb Nov 19 16% May 11% Jan 90 May 12% Feb % Dec 21 31% Feb 34 17 Ye Mar 12% Jan 2 8% Jun 29 3% July 3 6 29 7« July 2 35 12% Sep Jan Feb 8 53% Feb 11 4674 Sep 75 Mar 14 9574 Oct 31 Jan 38% Feb 25 20 1 1 May x96% Jan x87« Feb 9 19 11 13% July 19 5 8 17 5 10 17 16 8 10% Jan 2% Jun 2 14 July 49 Jan 18 48 July 16 427s Feb 84 20 1027* Jan 26 Feb 26 317a Apr 32% Mar 37% July 14 15 3 Dec 21 807a Feb 23 60 Jan 94 Feb 25% Apr 5 72 19 20 13% Aug 5 3774 Sep 11 21 4 14 Dec 6 4% Apr 24 Oct Jan 17% Mar 12 1 7% July 2 Dec 19 17 39 Nov 16 3274 Jun 26 107a Jun 29 217/a Jan 141 574 July 14 4% Feb 11 July 30 5172 July 22 8% Jan 18 42*78 Jan 16 34 Apr 14 36% Jan 14 12% Jan 2 14% Aug 1 Nov 69 2374 July .1 61 9 74% Feb 46% July 64 65 Jan 66 Jan 85% Aug 18 5 7% Jan 97a Oct May 24 Jan 30 41% Nov 23 52% Nov 24 99% Dec 20 25% July 12 26% Jun 29 9% Jun 29 101 Nov 6% Apr 4 20 477a Dec 5774 Dec 31 Mar Feb 972 Jan 10372 July ' 9 31% May 1 8% July 22 66% Nov 29 81 Feb 9 67 Jan 3074 Dec 5 2574 Feb 26 21% Nov 2 29% Aug 2 2 2 May 16 26% Jan 39 ' 16 19% Jan 9 47% Jan 103 177a July 18 ' 17 57% Jan 23 99% Jan 13 9 16 52 13 36% Oct 14% Feb 21 3874 Apr 5 29% Feb 9 Feb 100 6 105 Jan 17 6% Jan 29 16 5 7a July 22 29 1 70% July 17 12% July 30 9 1 1f 7472 Aug 3 5 Feb. 9 10 757a Mar 9 July 17 67 74 Aug 60% Jan 2 48% Feb 20 75% Feb 5% Jun 25 14 217a Apr 22 16 57% Nov 24 17% Oct Jan 47% Jan 22% Aug 30 51 77 ' 38V4 Apr Jan 17 58% July 18 3574 Mar 9 12% Dec 28 2 2 5 18 45 2 13% Jan 14 45% Jan 19% Jan 2 Jan 8 527a Jan 5 73 Aug 28 35% Jan 63% Nov 27 x€47a Sep 12 3 40% Jan 25 34% Jan 167a May 974 Jan 537a Jan 4.20% 22% Apr 7 ' 46 372% 7 3 Jun 13 73 .. 7 July 16 1072 Jan 32% July 25 3072 Feb 23 21% Jun 18 Dec 31 109 74 Jan 30 987a Jan 3 Feb 6 2iy4 Nov 24 267a Feb 8 2274 Jan 25% Aug 1 79% Nov 23 96 1 80% Jan 92 % Apr 3 10% May 24 14% Sep 13 12% Jan -15 74 July 29 87s Jun 29 13% Feb 787a Feb 1 10% Jan 1472 Jun 26 96% Jun 64% July 135 Jun *57 July 8 2 29 5 Mar 1 8 15 For footnotes see paee 74% Jan 26 151 167 Jan «Jan 176 July 28 197% July, 30 27% 287a 2874 28% 28 3/a 28 7a 2,300 28% 23.000 27% 27% 69 74 230 234 234 239 175 *147 175 *147 175 *147 175 -147 175 93 74 94 94% *94 943/4 *19 19 74 *19 7a 197a *19% 153/4 153/4 153/4 15% 15% 2772 277a 277a 273/8 277a 587a 573/4 58 72 58 74 58 74 94 94 < 94 90 *19 7a 19% 200 xl5% 15% I,600 2774 27% 277a 27% 5,800 58 5874 58 5874 4,000 94 *927a 60 94 *92% *10372 10572 *10372 1057a *10372 105 7a *10372 1057a 31% 31% 3172 31% 3172 31% 31% 317a 31% 31% *87 89 *87 89 *87 *87 89 *87 89 1063/4 *10672 1077a 1077a 1077a *106% 107% 1077a 1474 1472 1474 143/s 14 74 14 7» 1474 14% 1077a _50 14% 2,700 14% 105 *103 837a 96% *827a 977. 8374 104 105 *103 977a 104 105 84 98 7a 9874 104 7a 1033/4 1033/4 993/8 97 "l6 98 *82 7a 84 977a *103 7a 99 74 104 104 *103 105 *82 7a 84 *82 7a 84 *103 105, *103 1,200 89 106% 6,000 1037a 1037a 700 12,700 ' 217a 2174 21% 2172 217a 213/4 21% 21% 21% 213/4 93 93 917a 917a 89 96 88 88 887a 887a 15 •147a 15 147a 1472 15 15 *14% 573% 587a 58 583/4 8,300 20 20 2074 1,100 *14 7a 577a 587a 577a 58 57% 58 20 2074 *193/4 21 20 2074 1072 July 26 10% 8% 83/4 8% 83/4 72% 723/4 *7172 73% HIGH AND SALE Tuesday July 28 1072 10% 8 3/4 *72 Monday \ *193/4 7374 8% 83/4 72 107a 1072 107a 107a 8% 7172 8% 83/8 6,200 40 73 Bales for Thursday July 30 the Week Friday July 31 Wednesday i 1,100 11 11 *72 600 200 15 PRICES July 29 Aug. 1 Shares 38% 39 3 8 3/4 38% 387a 38% 38 3/8 38% 377a 3874 4,800 38 7a 1 387a 387a 38% 38% 39 39 393/8 39 39 74 3,300 44 433/4 447i 44 74 44% 4474 44% 433/4 443/8 5,000 1027a *101% 102 7a *433/8 872 87a 8% 8% 83/4 83/4 97a 9 *243/4 *24 50 100 1 1 2 *101 CLOSED SATURDAY HOLIDAY 24% 24% *24 74 24% 23% 243/s 24 72 400 78% 78 74 783/4 78 74 783/4 78 783/8 77% 7874 5,500 147a 147a *14 7a 14% 14% 14% 147a 14% 143/8 143/4 1,100 137a 133/a 2,200 1372 137a 13% 33/8 33/8 3% 3 7b 307a 30% 30 7b 3 3% 30 7a 30% *41 4174 *41 4174 *41 307a *41 41% 13% 3 30% 41% 1374 *3 7a 374 1,400 307a 307a 1,500 *41 417a 46% 463/4 46% 46 72 463/4 46*78 10,200 88 74 8874 873/4 887a 8774 873/4 *87% 87% 863/4 87 3/a 2,600 37 36 3/4 37 37 37 *36% 377a *37 7a 375/a *37% 37% 37% 37% *37 7b 37% *37% 37% *37 7a 375/a 200 147a 147a 14 7a 1474 14 7b 1474 14 74 1474 137/a 147a 6,000 657a 75 *64 7a 72 4674 647a 657a *2074 2072 37% 38% 373/4 177a 143 5 5 10% *5172 *63% 65% 72 *72 75 *72 207a 2074 3874 37% 18 18 144 *141 187a 1874 140 145 5 7a 57a 57a 574 10% 10% 10% 10% 11 10% *51% 52 *517a *5172 52 52 59% 593/4 60 60 *40 657a 37% 38 *140 593/4 42 3/8 *40 423/B 4672 *637a *2074 207a 17% 17% *139 46% 72 74 2074 467a 65% 64 72 *71 72 *40 353/8 574 59% 60 *40 42% 353/4 35% 2074 38 3/a 18% 140 5% 11 377a 387a 23,400 1874 2,200 1874 *14172 5 7a 10% 144 5 7a 11 51% 51% 59% 60 61 *40 35% 40 500 35 3/a 200 5,100 II,800 100 1,400 42 3/8 36 3574 14 74 14 3/8 14% 353/a 147a X143/8 14% 14% 14% 143/a 143/4 2374 *23 2374 *23 7a 23 74 2374 2374 35 74 150 2074 42 3/a 52 600 2074 357a 9,900 27,300 300 2374 *22% 58- 587a 587a 597a 583/8 59 58 587a 575/8 573/4 2,100 82% 833/4 83 83 72 837b 83% 84 8 5 3/a 84% 855/8 24,300 61% 627a 62% 657a 64% 65% 65 74 65% 65 74 6774 54,500 71% 7274 71% 73 74 74 74 7474 7472 2,100 68 6872 *683/4 697a *683/4 69% 69 7a 69 7a *69 71 137a *13 137a 12 3/4 13 *1272 13 *22% *13 ■ 574 *6% *102 427a 5474 *101 6% 7 -'547a 5474 38 . 557» 50c No par No par $3.30 preferred No par Standard Coil Products Co Inc 1 Stand Gas & Elec Co com—No par 257b 25% *6% 6% *102 447a 45 5574 *54% *100 102 19 18% 38 37 7a 8% 327b 2574 574 68 9 8% *677t 8% 243/4 5 7a 104 37% 387a 8% *1272 13 18% 18% 37% -8% 433/4 *101 102 18% 38 7a 8%, *102 > 547a *101 18% 574 *6% 6%- '437a ' 43 102 187a _ 104 *102 423/4 72% 574 57a 574 104 317a No par No par No par 133/a 13% 3 7a 307a 323/4 com 4,500 24% 78 32% preferred 9% 13 7a STOCK EXCHANGE 20 100 100 0 103 8 7a 10 1 *102 103 10174 *363/4 par *102 *1003/4 -5 $7 prior preferred 943/4 19% 16 105y2 *6774 preference *94 12,200 16 *9272 6772 $4 943/4 90 193/4 197a 937a 677a $6 prior preferred 19% *94 1974 par ' 19% 19% 19 72 19% xl972 207a *1037a 15 Solar Aircraft Co 1 Solvay American Corp 4% pfd—100 South Amer Gold & Platinum 1 South Carolina E & G Co com_4.50 5% preferred 50 South Porto Rico Sugar com.No par 8% preferred 25 Southern California Edison 25 Southern Co (The) 5 South Indiana Gas & Elec—No par Southern Natural Gas Co 7.50 Southern Pacific Co —No par Southern Railway common—No par 5% noncum preferred 100 Mobile & Ohio stk tr ctfs_—100 Spalding (A G) & Bros Inc 1 Sparks Withington Co No par $4 2,900 240 58% Smith Si Corona Typewriters-No par Stanjiird Brands Inc 70 220 Saturday $5.50 preferred No Spencer Chemical Co common 4.50% cum preferred 4.60% preferred Spencer Kellogg & Sons Sperry Corp (The) Spiegel Inc common Conv $4.50 pfd (stamped)-No Square D Co —-----—, Squibb (E R) Si Sons com 27% 69% 70 230 2774 Par Spear & Co common 28% 69% 69% 69 7a *215 LOW preferred preferred 27% 27% 27% 27% 69% 69 74 220 *92 Corp ' Feb 17274 Oct 160 104 28 28 15% Socony Vacuum Oil Co Inc— 27 97 470 8,000 28 * (AO) Corp Smith Alexander Inc common 6672 Mar 22 89% 457» 5 Smith 8072 Apr 17 124% May 9 July 24 38 July 28 * 1437a Sep 7 32 60 3 16 May 27 28 7574 Nov 18 2 1 July 47a Jan 40% July 25 21 19% Dec 7 16% Jan 2 18 Dec 111% Apr Mar 15 87 89 3/a 4472 19 74 Sharp & Dohme common 974 May 17 2972 Jan 29 23% July 31 657a Fen 27 1 6 Steel 89% 45 93 74 No par No par $4.25 cum preferred No par Shattuck (Frank G) No par Sheaffer (W A) Pen Co 1 Shell Oil Corp 15 Sheller Mfg Corp 1 Sheraton Corp of America—, 1 Silver King Coalition Mines 5 Simmons Co _No par Simonds Saw & Steel No par Sinclair Oil Corp -No par Skelly Oil Co 25 Sloss-Sheffield Steel & Iron-, 20 Sharon 893/4 447a l97/a 5 100 10 5 1.40 Shamrock Oil & Gas 9 42% Jan 30 28 100 com,. EXCHANGE ; 4872 Jan 10 107 May 28 15 197a Jun 25 25% Mar 15 (The) 893/s 45 7a *130 74 NEW YORK STOCK > July 40 > 39% May 23% Feb 3274 Mar 28 Jan 22 74 Highest 39% May 9 70% Sep Mar 15 Mar 13 5 Range Since Jan. 1 317a Aug 10 2 Apr 8% Jun > Lowest s t: Jan 108 96% Nov 23 1 4 147a Jan 29 « Co STOCKS 49% May 25 May 15 68 . 367* Sep 13 6074 May 9 2 1037a Apr 7% Feb 25 Highest 29% Jun 25 _ 187* Jan 10 Range for Previous Year 1951 Lewest 41V* Jan 6 22% Jun 3 1674 Feb 23 8 x347» Jan July 28 104 24 2 51 May 21 19% Jan Elec 8 93/8 443/8 *210 • 4.40% preferred — —100 3.35% preferred 100 Seabd Air Line RR Co com__No par 5% preferred series A 100 Seaboard Finance Co 1 Seaboard Oil Co of Del -No par Seagrave Corp • —5 Sears Roebuck & Co No par Seeger Refrigerator Co : 5 Seiberling Rubber Co 1 Servel Inc common 1 $4.50 preferred No par 9 May 86 74 Jun 58 687a Dec 22 Scranton 99% July 31 23 Jan 2 102 V4 Jan Nov 8 4 14% Mar 89% 4472 2774 100 conv 89% 433/4 69 74 100 preferred preferred 3.65% 4.30% 90 44 3/8 *27% No par No par No par 25 Scovill Mfg Co common 897# Apr 29 11674 Jan 30 Feb 85 20 167a Jan 11 July 23 357s Jan 30 13 106% July 28 5 14 Sep 103 % Sep 22% Jan 25 Jan Apr 21 105% Jun 30 1474 Jan 87 12% Dec 31 37 94 21% Dec /12 3 Mar 14 Savage 587a July 22 2 Mar _ 29 32% Jan •'3374 Jan 68% Dec July 19 8 1 series A Arms Corp Schenley Industries Inc Scott Paper Co common $3.40 preferred — $4 preferred 2 2 1874 Jan 2 2 1st pfd 4.40% Sangamo Electric Co 89% Feb 737a Dec 26 517a Jan Jan 29 9 1027a Mar 12 30% Jun 23 7 17y«Jan May 29 21 907a Jan 12 76 97 49% May Feb 74 4 257a Jun Jan Jun 9 11 Mar 17% Jun x1574 May 95 47 5% noncum preferred St Regis Paper Co common.., 6 247» Feb 16% Jan x88 - 123 1017a Nov July 31 Jun 9 „ ' 26 13% Jan Feb 205 23% July 31 323/a 327a 327a 89 72 44 St Joseph Light & Power Co_No par St L San F Ry Co common__No par Preferred series A 5% ——100 St Louis Southwestern Ry Co—100 285/a July 31 22% Apr 6 32% Oct 57 20 54 8 257a Dec 31 193/4 May 23 21% July 39 4% preferred St Joseph Lead Co 21 Feb 6 327a 5 100 10 Safeway Stores common 4 68 *67 7a 3l72 574 6% 104 44% 5574 102 19 373/4 8% 53/8 6% *102 447a *54 3/a *100 5 3/a 6% 70 300 1,400 1,400 104 44% 55 4,800 470 102 183/s 18 3/a 2,000 363/4 377a 4,200 8% 8% 3,300 140 68 673/4 68 327a 32 32 7a 5,800 25 3/8 255/a 37,500 31% 31% 2574 253% 257a 253/4 1027a *1017a 1027a 25% 253/a * 102 7a 1017a 1017a 25% 25 7a 257b 2574 8874 88 74 *8772 15 157a 15 147b 14% 14,, *101 93 7» 25 7b . 15 14 1474 95 176 176 ; 197 197 ;$j.U96.f 197 74 179 94% *176 196% 179 1977a 102 80 253/4 253/4 89 88 74 8874 X14% 143/4 14% 143/S 3,400 U 1141/8 1474 14 74 143/a 21,600 9474 7,500 15 1474 102 25% *88 89 157. ■ *88 89 yj4% ,943/8 94 *101 r »» ,93% *17672 197 95 7a 9334 4,400 20 179 •1767a 179 100 197 1965/a 197 800 Volume 176 Number 5139 The Commercial and Financial ... Chronicle (437) NEW YORK STOCK Range for Previous Year Lowest 44 Range Highest . Mar 13 Since Jan. Lowest 55% Sep 1 NEW Highest YORK LOW STOCK Par 10 507a Jan 3 64 74 2 July 23 78% Oct 17 standard Oil of California--No 92 Mai Standard 31 33% Mar 15 93% Dec 31 74% Jan 737a Apr 9 75% Dec 47% Oct 8 40 9 Apr 587/a Juri 14 July Jan 10 9974 Aug 1 13 7a July 16 157a Jan 5 2 25 % Apr 22% Feb 56% Feb 44% Feb 16 13% July 16 15% Feb 3 36% May 2 13% Mar 24 36% Jan 2 47% Oct 3 36 July 10 28 104% Jan 4 92 Jan 8 29 90 Jun 39 % Apr 53 6 11 49% Jan 17 36% Apr 15% Jan 2 20% Dec 11 187a May 14% Jun 28 20% Feb 8 16% Dec 26 19.8 Jan 2 25 % , 18% Mar 25% Apr July 30 35 % Mar 247a Mar 21 27 Jun 57 17 9% Dec 26 Apr 67% Jan 4 115% Dec 12% May 11 99 4 17-% Jan 98 • 447a Jan 287a July 25 Stone a Oo . - 9 2 7 96 1017a Jun J972 Jan 3 94% Jan 29 X11474 Jan 8 119 72 Feb 15 3 16 3 Sep 10 24% Jan 29 2074 Jan 9 22% Jan 28 2474 Apr 24 74 Jun 29 22 7? Jun 5 2672 Apr Jan 18 Mar 14 570 9 63 50o 570 May 12 Oil Co 2 39 3 5 Sep 95 % Mar 105% Dec 6% Nov 24 567a 567b *56% 57 *56 7a 57 387a *37 7a 397a *37% 39% *37 7a 39 72 167a *16 74 16% 1674 1674 *16 16 7b 200 3773 373/4 37% 377a 377b 37% 37 3774 37% 94 37 74 94 *93% 95 5,100 95 9472 *93 7a 957a 70 403/4 *40% 41 95% 41% 947a 4072 40 3/4 41 417» 4174 l93/4 19% 19% 2,300 193/4 193/4 197a 197b 800 1574 3,200 SATURDAY HOLIDAY 10% May 1 327a ?*ay ; 817a Jan loa 17 17 285/a 287a 28 5/8 3778 3,700 3778 373/4 377b 3774 38% 387b 38% 38 3874 30 10,400 30 y2 *30% 307a 30 7» 30% 2872 293/4 287b 297a 3,100 97B 9% 9% 97B 2,100 *9 7b *98 y2 100 3 2nd Biscuits Inc & Swift International 8 Sylvania Elec Prod Inc Co 16 July 31 $4 oa.i $4.40 43 100 847, 40 847a *1163/4 1,500 118 2074 20 3% 20 y2 203/4 2072 21 21 7b 28,300, *237» 237/B *233/4 23% 237/s 23% *24 24% 24% 3,400 24% *2474 25 24% 24% *247, 25 6674 67% 673/4 687a *67% 683/a 1.000 97/B 974 93/4 93/4 93/4 97/B 2,200 68 68 9% x68 93/4 93/4 *500 525 23 23 233/b 23 y2 23 74 233/8 23% 25 2474 247b 247a 24% 24% 243/4 500 108 7/8 *108 *1074 317b *500 108 7/b 520 *108 500 108% 500 108 *480 300 540 *23 200 900 24% 2,300 10874 108 23% 24% 10874 *1074 107a *10% 10% *10% 10% 10% 313/4 317B 313/4 3178 32% 3274 33 *15 17 35 3572 190 1074 317a 17 35 500 *108 107a 317a 7.50 203/4 I 23% 2474 ' *15 •15 *, 17 *15 17 *15 357a 345/a 35 34% 35 7B 86 86 86 87 87 100 9,400 17 35 353/B 5,100 No par *10674 1 67B —9 *13% 8 5 (conv) *84 7» *574 57a 5% 57a *574 574 5% 5% *5% 5 7a 400 39 7b 393/8 39 7b 39 7a 3974 39% 39% 39% 393/4 4074 2,700 Symington Gould Corp 77a Jar. 21 *98 7a 84 74 No par pfd cum 100 118 25 97/B -25 com 84 *1163/4 237/8 66 3/4 Ltd preferred *9872 118 9 20 y8 10c —. 9 200 2074 100 Swift 100 84% *1163/4 15 *2478 12.50 ! 84 9 15% *2374 pfd ser 1950—20 Mining Co_ 157a *17 9% *98% 84 118 1 87 ; 9 100 83 s/8 *11674 22 llu72 1 y 6% Apr , *98% 837b Feb 39 7a Mar 2 14 100 177a - 19 28 41 . 197» 100 287a preferred 4 17 57 116% common 357a Jan 6 *56 153/b , __1 107a Jan 12 1 l,ouU 38% (The)—4.16% Apr 24% 28% Sweets Co of America 15 245/b 17% 50 5 307a May 1.300 24% *1674 25 - 137a 157B common 6 13% 287e Superior Oil of California 8 133/4 24% *1674 Superior Steel Corp Sutherland Paper Co 4.40% preferred Jan 13% 177a 4 17% Oct 2 137a 247a 15 74 14 40 28 137b 247b 2874 26 32 137a 24% 15% Apr 1087a July 16 ion 13% 2474 287b Jan ! 8,900 137b 243/8 *163/4 25 2 993/4 153/0 2774 Jan 24 42 74 17 y2 287s 17 107a Jan 413/4 993/4 2874 24 ' 102 % Jan 42 100 15% 2274 Apr 18 41% *99% *16% 2074 Apr 13% Jan 41% 1007a 167b 1 4 10% July 24 413/b *99 7a 83 y2 Sunshine 32,800 42 100 1167, Sunshine 20,000 81 56 7a No par 4 7a % conv 12,800 ,847b 807a 41% 100 Sunray Oil Corp common : 1 4 74% preferred series A„_ 25 5%% 803/4 *9974 9974 —No par Class A 803/8 20 28% Aug 13 110% Oct 5 20 Dec Sun x687z July 31 117a Jan 18 May 1 9% July 18 Sep 20 24% Dec 29 26 80 4 80% Share.n 623/4 38 72 Chemical' Corp common— 1 $4.50 series A preferred No par 27 1 807b 62 843/b 16% Sun 21 85 No par Corp Corp Sunbeam 10% Jan 17 Apr iJ ifcMj 5 - 15 102% Dec Jun /4 33 7a Mar 24 6272 8474 *5572 5 common 613/4 853/B *37% CLOSED 15 Webster & 627* 847b EXCHANGE 5 Studebaker 26 -23% Jan 21 18 8 Jun Jun Feb 3 '-4 62 \ the Week STOCK 100 Stevens (J P) & Co Inc. Stewart-Warner Corp Aug. I 137b 1 common Stokely-Van Camp Inc 5% prior preference u 10 13% Jan 10 Inc Friday July SI 2474 No par Inc preferred Jan 10 Nov 11 16% Jun > 8 207a Feb 19 3 7a % 15 Jersey LS Stores Sterling Drug Apr 30 New (The) Bros o 1 Sep 67% Oct 16% Jun Starrett Co 1674 Jan 10 22 42 23 Jan 101% Jun 417b *99 74 7 56 355 common—10 2 14 24 % 8 80% Sterchi Nov 93 23 21% Jan 807B 3 31, 119% Jan 10 21% Oct Feb 80 72 Oil 3 July 43 3A Jan 2674 May 20 96 Mar 21 41 % Jan • 1 14% 1 eb 7974 of of Ohio 94 18 13 63 74 857b Standard 19 50'A July 9 37% Jun 29 62% 84 3/4 Standard Oil Sales for Thursday July 30 62 72 25 PRICES Wednesday July 29 85 25 Indiana 22 17'A Oct par SALE Tuesday 62 of Jan 85 AND HIGH July 28 8474 Oil 477s Jan 1 Monday 3%% preferred series A—:—100 Stand Ry Equip Mfg Co 1 Standard Steel Spring common 1 4% convertible preferred .50 15 25 Jun 20 105% Mar 24 May Saturday July 26 . EXCHANGE 13 59 RECORD STOCKS 1951 25 86 *843/4 107 65/B 107 1077a 6% *107 *86 88 20 107% 67a 672 133/4 *133/a 107% 1077a 1073/4 1073/4 500 6% 6% 67B 67b 67/b 4,100 1374 *133/8 133/4 13 3/8 T 12% July 4% July 2 25 2 Jan Feb 21 6% Sep 18 14 9 40 13 7a Jan 135/b Jun 13 474 Mar 11 Oct 57s July 34% May 19 42 Talcott 12 (James)— Inc Telautograph Corp Corp 9 Tennessee 25 23 % Jan 2 59% Sep 34% Mar 80 52% Feb 30% Dec 90% Mar 15 119 7 100 74 Apr Oct 49 38 Jan 10 188 76% Jan 25 103% Mar 10 24% Jun 5 16 % July 19 17 July 18 11 Jun Oct 35 % Dec 23% Mar 23% Mar 30 18% Jan 8 40 Mar 13 3% Jun 7 Pacific 3 1087a July Sub 1957a Mar 28 8 24 share Coal Textron $1.25 Inc preferred conv Thatcher Glass Mfg Co 143A Jan $2.40 conv preference The Fair 127b Feb Thermoid 48 8% Jan Jan 33 % Apr 4 47% Oct 42% May 917a Jan 1 527s July 29 9 9874 July 161% 161 106 3/i 10774 *106 385/b 38 74 38 5/8 387a 387/a 387a 13 7b 387/8 133/B 13% 5,600 137b 133/B 13% 1374 13% 13% 133/B 17 74 17% *1774 5,300 1774 *173/b 173/4 17% 177a 137B No par common—5 No par 127/b 123/4 127/B 127/b 13 *387/b 39 387/B 387/b *383/b 40 No par 117/b 12 *11s/b 12 7a *115/b 127a 10 10 9% 7a 97 7a 70 3'/a 19,400 283/4 29 74 28% 28% *27% 28% 3,900 5,100 Tide 7 Water *96 4 31 297b 22% NEW 1 437/b 11% 23 24 3A Dec 26 277a Mar 12 Jun 29 277a Feb 2 19 7b July 22 233A Jan 3 Trans 20 July 3 287a Aug 8 23 28 7 Transue & Williams 10% Apr 2 15 102% Jun 15% Dec 31 17% Dec 18 Jan 10 157b Jan 3 2174 Feb 44 3A Feb 18 517b Jun Truax-Traer 15 18% Jun 18 Jun 48% Jun 8 24% Feb 137® Jan 9 16 15 8 41 ,Jan 16 29 6 127a Dec 7 Jun 9 12 5 207a Jan 8% July 15 327a Mar 20th 9% Feb 26 127a Jan Co 22% 225/s 223/8 22% 22% 22% 22% 225/s 21 203/4 21 20s/8 203/4 203/4 21 44 4474 44 74 44% 44 74 44% 433/4 44 11% 2,500 117b 117a 113/4 11 7B 113/4 1174 8,000 AND HIGH SALE Tuesday . -117b PRICES Sales for Wednesday July 29 Thursday Ju'y 31 July 30 Friday Jan' 2 15% Mar , 58 ' 277a 27 7a 27% 27% 27% 27 Ve 277b 193/b 197B 1972 195/a 197a 193/4 193/4 20 7b 26 26 7b 26% 2674 *267a 26% 2674 26% *253/8 267b common 600 16 167i .16 7b 16% 16% 165/s 1672 163/4 22,400 HOVa 110% 1107a 110% 110% 11078 840 1874 4,100 16 7b 1 110 16 74 110 74 1107a >• 1107a 1 ,-50 18 173/4 18 *43 7a 4474 433/4 433/4 *43% 1 common (conv) 17% 17% 173/8 17 7a 177b l77/a 50 49% 497» 49 49 15 7b 15 177/b '—50 *49 15 83/4 *29 7a conv 107/b 83/4 157b *8 7b 30 *29 10% 18 7a 107/b 15 74 9 *85/a 12% Jan 2 37% Jan 10 52 53% Mar28 .' 83 , : 112% Feb Jan 107 Mar 104 Mar 17 "96' 7a Jun 57; 2. 102 ll3/a Jun 43 Sep 21 66% July 30 100% Nov 26 96% Oct 19 337s Apr Underwood Corp 137a Feb 2 Union Jan 2 93 3 26 50 .. .Union Bag 3 . 11 27 68 July 16 Union Carbide 2 111 Apr 30 pfd $4.50 ser__No par Preferred $3.70 series—No;par Preferred $3.50 series'.: No par 0 Preferred $4 series—-.—No par Union Oil of California—-—j——25 May 9 25 94 Jan , 98 Un El Co of Mo Jyly 31 -9172 Jun lg 35% Feb 7 27 4 42 *A Oct 6 3 09 '/a Jan 3 Jan Feb 2 457a Jan 4 40 Jan 9 377a May 1 10-4 2 "52 27 Jun'29 26% July 417a, May 2 100 1 100 % Nov 26 1127a Jan 22% Jan 10 35»/a Dec 28 2 18 29% Jan 35 3 28 109 153A Aug 22 21 Dec Mar May 1017a Jan 2478 May Apr 457e July 5 21 9 497a Jun 18 18 7a 18% *433/4 44% 44 74 100 177b 175/s 1774 177a 1,600 •48% 49% 497a 497a 200 153/B 8,100 153/a 157b 9 18 7a ♦44 15 7b 153/a *83/8 30 10% 103/4 10% , 9 , *8 7a 9 *29% 30 , *29% 30 107/a 30 1 34 Jan Jan United 2 1 5% 11 1067a Apr Jan 31 177a Feb 6572 Oct 8 2672 Jan 36 6 287a July 23 19 57a Oct 8 5672 Nov ; 16 117b 11 Nov 15 4% Jan 2 123/a Jan 22 7 Jun 2 12 88 Apr 21 477b Jun 26 May 22 25 Oct 3 167b Jun 2 68 xl9 Dec 5 19 8 73% Feb 257a Oct 20 147a July 12 18% Feb 1 177a May 22% Sep 177a Jan 38% Apr 99 1 12 2 Jun 18 1872 Nov 8 613A Sep 106% Feb 247a Mar 9 11 19 1 May 2 10472 Jan 4 124 Feb 13 10174 Feb 20 16472 Dec 29 185 Jan 26 167 Jan 8 12 3A May 24 5872 May 19 19 Jan 17 16 Jan 9 70 Jan 25 61 Mar 19 19% May 24 28% Jan 16 t 133A July 23 13 13 1374 48% 487a 2,300 655/, 657a 12,700 *85 7a 877a *100 7a 1017a 99 87 1007a 41% 417/8 41% 413/4 117% 1173/4 1177a *99 11874 493/s 497a 28 3/8 » *4074 28% 977a 36% 37 No par Carton Corp 10 *106 109 13 4874 653/a 657/8 ' 1067a 107 3/8 * ♦867a 97 97 87 101 900 41% *96 117% 2.100 340 98 *86 7a 88 101 417a ; * 107 7a' 107 7a , 88 1.500- 51% ; -98 ♦99 118 48% ; *99 427a 118 " 101 , ' ' 427s 413/4 117 7a United Board & •—*. *106 137/a 137/B *13% 30 20 ■ 120 9,800 118 2,900 493/e 49% 493/4 493/4 497a 493/4 403/4 407a 407/B, 403/a 405/B 800 33 7a 12,300 33 *103 74 33% ; • 28 74 973/4 363/4 363/4 333/8 33% 337B *103 74 103% 28% 973/4 97% 37 *1274 403/4 287B 97% 417a 1177a 1 41 283/4 v « 66% 1067a •95 7a ■ - 483/b 65% 97 87% common—10 1033/4 1033/4 104 29 400 2974 28% 29% 97% 983/B 98 74 36 ~ 2,500 t 363/B *355/B ; 9,100 9874 *106 109 14 109 , *106 109 137/B 13% *13% ♦106 109 14 14 2,300' 1,400 36 14 1,500 633/4 64% / 637/B 64% 64% 64% 64% 65% 335/a Feb 11 United-Carr Fastener No par *28 29% *27 72 29 % ; 29% 2°% 29% 297/« 29 7a 297a 300 25 United Cig-Whelan Stores 7,000 United 53/B Mar 21 10% Feb 74 Feb Corp (Del) United Dye & Chemical Corp 11 7 % 8 217b Jan com—30c 15 May 34% Mar 25 Electric Coal 15% Jan 2 United Merch 7 United Paramount 21 7b Jan 7 73 1 Certificates U S & Mfrs & Cos Foundry of 207a July 257a Jan U V 2 " U 170 574 12,700 774 300 5 7B *7 5% 7% 5 7B *7 51% 517a *50 7a 52 *51 52 185/s 187B 18s/8 18% 187a 185/g *185/B 18% 800 173/4 1774 18 173/4 173/4 177/B 177/B 1.200 507a interest *51 40 617a 62 603/4 617a 603/4 615/8 6174 5,800 28% 287B 287a 287a 28% 28 3/s 28 5/8 28 3/8 28% 14,400 31% 31% 32 74 32% 323/4 32% 323/4 *3274 327a 1 143/B 14% 14 7a 145/B 145/B 143/4 14 7a 143/4 14 3/s 143/4 1 137/e 14 14 147B 137/s 14 133/4 14 13% 14 1 No par *13% 673/4 common Leather Co— No par 193/4 '63 133/4 14% *137/B 14 7a *137/s 143/B 6774 68 1017a *100 1017a 25 7B 25 7B 25 255/8 116 1157a 1167a 177 1757a 175 7a 673/4 100 253/8 *67 74 " 52 273/4 *175 7a S 7% X173/4 — 20 5% 43/B 613/4 19 115% Gypsum Co 5 7B *67/B 474 613/4 18 20 1% preferred 100 S Hoffman Machinery com 5 474% preferred -—100 S 7 4% 623/8 187/e *25% U 57i 7 43/s 623/8 177/B No par 1177b July 30 5 7a 43/B 62 303/4 Inc Freight Co 64 7a Feb 507a 5% 77a 43/B 62 5 100 S 9 5 7e 47a 627a 10 Co__1372 Theatres Foreign Securities 1st preferred U May *7 No par $4.50 10074 Aug 1 277B Jun 25 179 1 com_l 100 43/8 627a 4% 62 No par 21% Jan Apr 62 800 5 preferred United United Engineering .V 7 43/s 100 $3.50 convertible preferred 9 United Gas Corp—, United Gas Improvement 26 *95% *85 % series of 1952_100 United Fruit Co 547b Jan 97 333/4 16 137s Jun 123/4 106 74 t 1033/4 30 967a Jan *95 337a 283A Jun 20 1067a *10374 64 3A Jan 28 123/4 48 6674 1067a 33% Inc 5174 12% 487» X653/4 1033/8 7 13 May 1 13% Jun 23 20 22% Sep 20 473/4 66% 1067a 33% 18 Mar 48 66 % 106% 1033/8 57 8 315/a Dec HOLIDAY 5 100 247a Jan 2 307a July 16 13 2 25 July 26% Jan 473/4 SATURDAY 40 74 167b May 29 56 3A Nov 123/a 13 51% 64% 45/a Apr 2 123/8 12% 51% *63 7a 697a July 12 12% 13 513/s No par 7 Jan 12 7b 13 * United Carbon Co 6 8 72 Dec 4 1,800 707a Mar 19 Feb 3% Feb 50 CLOSED 37 $4.50 preferred 11 447a Mar 13 13.7a July 24 x60 7i Feb 18 25 20 . 517B 1 40% Co Lines i *' 13 513/4 9774 23 374 Jun 13 513/b . —No par Car preierred 47a % 100 r " 8 437a Jun 13 51% 49 Aircraft Corp common convertible preferred United Air 3774 July 25 1013A Jan Sep 13 517a United Biscuit of America—No par 1027a Mar 20 Mar 13 18 Tank Union 30 337b Jan .: 28 107 STOCK . 49 noncumulative preferred—-50 4% 19 407B Jbly 31 50 Union Pacific RR Co common 1217a Mar 31 . 3 1 9174 May 3074 Jan 21 3 & Paper Corp—: 20 & : Carbon——No par Feb 83 7a Jan 3,200 45 30 EXCHANGE /Udylitc Corp Jan 97% Nov 26 44 % Dec 101 4 ' Dec'28 91% Dec 36 2 567a Feb 49 . 16,900 \ } (The)— 1 --Nopar Asbestos & Rubber Co —5 '157a Feb 1274 Jun 2 74 Apr 25 3 May 11 15% Oct 4 2 Shares 26% U 47% Jan- the Week Aug. 1 ' 13 1,800 195/B Transit com—No par prior preferred— 50 Twin Coach Co 1 7 5,500 21 July 28 Film_i—No par Fox Century 5% 300 277b Twin City Rap 8 12 197b No par Preferred series A 7 31 Corp Coal 27/b *1174 267/s Steel——No par Tung-Sol Electric Co common Conv 5% series of 1952 97a Mar 10 Jan Inc preferred $6 15 403A May 19 17 Airlines Tri-Continental 3 113/4 5 Transamerica Corp 19 167. Aug 1 1107a May 22 1174 2 16 % Jan World 30% *23/4 44 115/8 Monday July 26 Par 4 3 1174 22% , LOW Saturday STOCK YORK EXCHANGE Highest *25/8 *11 21 21 Bearing—1—No par Edison Co (The) 5 Roller 3 33/4 297/s 10 5 Oil *2 7a 378 com—No par ——No par Associated 3 STOCKS 105 800 517/B Range for Previous 2 20 3 7b 3% 1 1107a Feb 45 7a 51% Toledo 26 *44 45% *96 7a 4 8 *44 33/4 x9% Jan 137a Jan 45% 70 51% Timken-Detroit Axle 21 2,100 97 7a Timken Sep 200 97/b 3% 2 May 123/8 93/4 513/a 247b July 27 *11% 97/s *96 7a 49 Feb 123/a 974 . 33/4 217b May 19 9 *ll5/8 10 97% 15 x213A Jan 2,700 39 5174 11 July 28 Since Jan. 500 133/B 39 37b 18% Apr 31' Range *44 17% 133/B 40 51% 21% May 15 25 Lowest 45 173/8 13% *39 *96 7a 42 3A Jun 22% Jun Highest 45 500 96 7a ,977a 3 8% Jan 45 1,400 97% 51% Sep 19 11 Dec 31 Nov *45 9,7/b 161 107 523/8 25 % Mar 7% Nov 50 10 160 107 „ 517a 29 16% Dec 28 127/b 161 1073/4 517/b 29 July 28 1951 7,000 517a Jun 27 1607a *106 7a 413/4 1174 18% Jun Year 161 107 164 107 3,500 41% 413/4 11% 43 Lowest 1617a 164 3,500 .. 117B 35% Feb 4 113A July 41% 13,000 29 113% 117b 26 17 3 413/4 107 —-1 4% preferred Thompson-Starrett Co $3.50 preference 3 Jun xl0% Jan 41 59 287/a 11378 *2% 4'A Jan Jan 417B 583/4 285/a 15 5 100 13 2 413/4 59 114 383/8 preferred 21 Jan 28% 1127a 387/B (J R) Thompson Products Inc com Dec 103 587b 287/s 11374 fThird Avenue Transit Corp_No par 2% Jun 24 % Nov 59 287a 1127a 385/b Thompson 15% Feb 11 587/s 28% 1133/4 1 common convertible $2.50 Feb 4 July 14 2% May 29 Co 59 287a 100 50c 153A Feb 44 42 common May 13 93A Jun 20 6% Jan 4174 587/b 112 7a * 100 43 3A Feb 11% Mar 10 59 133/S No par 2 l 29 114 Co 9 11 283/, certificates 3874 May Dec 583/4 113 74 Oil & Utilities Co Texas 18 7b Feb Mar 10 25 Co: Producing Sulphur Texas & Pacific Ry 2 397s July 25 18% Jan 2 1 *133/8 Pacific Land Trust— 12 Jan Feb 90 Texas 133/4 10 No par Co 12% July . 46% Oct 19 Gulf Jan 17 1 12 Gulf Texas 46 3A Jan 1 1274 May 18 2 Texas 86 7 16% Oct 47% Oct Texas 19 327» Jan 7 28 May 29 327a Jan 15 143 15 35'A July 23 13% Sep 27 8% Jan 607a Jan 1163A July 14 27 275/a May 28 Oct 1 Texas 44% Jun Feb *100 1167a *176 68 60 3/4 133/4 61% 13% 61 13% 137/B 25% 673/4 673/4 10174 100 74 25% 253/4 2574 117% 117 117% 177 177 177 193/4 193/4 2074 2074 20% 20 64 64 64 64 64 64 14% 14 14 133/4 14 13% 117 *175 7a 1177a 177 20% 74 1,000 673/, 1017a 673/4 *100 5.900 5,200 10,900 20 2074 64% '64 647B 14 13% 14 900 30 600 * - 3,000 • 50 2,900 100 4,000 Chronicle The Commercial and Financial 26 . . . Monday, August 4, 1952 (438) stock record new york LOW AND HIGH SALE STOCKS Previous Range for 1951 Year Jun 17 16 8% Jan 7% Dec 28 43 x36'A Nov 28 Jan 18% Jan 12 20% Feb 29 7% Feb Jun 27 84 % Mar 5 Nov 24 42 % Feb 8 86'A Dec 4 96% Feb 14 67 6 106% Oct 2 151 57% July 3 153% Jan 3 2 87% Mar 29 37% May 18 16 144 5 23 Feb 36% July 25 41 20% Mar 20 19'/a Jun 37% Dec 21 43% Aug 27 9% Jun 17 24 13 7 Nov Feb 96% Jan 9% Jun 28 2% Apr 18 4% Jan Jan 9 27% Jun 8 2% May 15 5% Jan Oct 6 28 29 22% Jun 4% Jan 30 2 26% Jan 7 Nov 21 170% Jan 12 156 14% Sep 26 11 Oct 19 May 13% Jan 8% Jun 4 Jun 21 64 26% Jan 10 29% Dec 31 28% Apr 40% Sep S 14 Apr 17 27% Jun 13 13% July 57 Oct 9 33 % Feb 5 19 2 July 24 23 % Oct 26 14 28 % Oct 9 5 115% Dec 14 116 115% Dec 19 116 23% July Jan 104 2 23 25% Feb 11 15% Jan 23 17 123% Jun 23% Apr Apr 9 34% July 13 26 26 100% Jan 18 89 Jan Dec 31 28% Dec 28 20% May 10% Jan 3 Dec 21 88 140 116% Feb 3 18% Jan Nov 28 Nov 26 103% May 40 Dec 4 22 33 % Apr 24 14 37% Jan x27% Jan Jun 4 13 35% May 22 44% Jan 11 18 Jan 18 31 Jan SI Ry Co common preferred Visking Corp (The) Vulcan Detinning Co common 1% preferred 84 Jan 38 Wabash 7 Oct 8 20% Jan 12 48 20 31 8 • 16% Apr 28% Mar Jan 20 25 71% Feb 7 Dec 29 13% Feb 13 Apr 17 liy8Jan 2 Jun 29 x293/a Feb 13 27 y2 May 45 y2 May 24 56 y2 Oct 13 42 !A Apr 20 29 12y80ct 15 21% Feb 16% July 54% Jun 11 27 32 2 Virginia 6% 26 25% 26 y, 140'A 141% 25% 139 % 139% 139 139% 73 74 74 73'A 64 39% 40 % 141% 141% 82 *82 84 95 *93% 95 25% 26 50 13,100 1,210 140% 140 1,300 74 74 73'A 73% 66 66 66 66% 66% 600 41 40% 41 41 Ya 41% 41% 55,400 X139 139% 140 y2 1,500 141% 141% 141 141 28% 82 73% 72% 64 40% 4,500 28% 28% 28% 140% 139 *64 64 40 19% 20 19% 19% *36% 37 37 37 140 1,900 20 19% 19% 19% 36% 37 6% *6% 7 6% 6% *6% 6% *6% 6% 500 9% *9% 9% 9% 9% 9% 9% 9% 9% 1,800 93% *92% 93% 100 3 Va sy8 1,600 *24'/8 24% 20 37 - *92% 93 '/a 3'/a 93'/a 3% 93% 3% 24% 3 3 % 2 24% 2y8 1,030 23'/a 500 2 2 2 % 450 38 *37 3 *24% 24% *2 2'/a *2 2 *92% 93% 3 *24 *24 24% 23 22% 227a *22% 23'/a *22% 25 25 25 25 *25 25'/2 25 25 166 166 *166 168 *166 166 166 30 2,700 210 *22% 22% 25% 168 12% 64% *64 64% 30% 30% 30% *30% 307/a 38% 39% 38% 39 38% 38*% 16 Vb 16% 16 16% 65 30% 400 12% 12 12 64% 64 64 30% 30% 30% 1,100 39% 4,700 *64 30% 16 *15% 168 12 % 12% 12 y8 12% *63'A 12% 65 39% 39% 39 800 153/4 *15% 16 293A *29 29% 100 2,800 1,000 15% *29 29% *28% 29% 29% 29% 12% 12% 123A 12% 12% 12% 12% 12% 12% 24% *29 24 24% 237/a 24% 24% 24% *23% 24% 12% 24 *123% ' ' '123% — ... *12.1% : — *123% ' ■ *123% ■mmmt. ■■ — ' *123% ' 123% '■ *121% ' *28% 92 24% 29 29 *28% 92 *90 92 223/4 23% 1123/4 113% 112% 113% 113% 300 113% 8,400 25 210 113% *101 102 *101 102 *101 1023/4 *101 102% 100 102 *100 102 101 1023A *101 102% *101 1023A *35 35% 35% 353A 34% 34% 34% 29% 29% 29% 29 3% 28% 29 *28% 29 37% 373/8 37 37% 37 37 *37 37% 17 17 16% *29% 30 *29% 30 *59% 59% ♦59% 59% 16% 4,400 127% 102 *101 35 30 22% 24% 25 24% 25 112% 1,700 92 223/4 127 127 *125'A 127 247/s 25 25 113 *125% 126 28% *90 23% 223/4 — 28% 29 92 23% 126 25 112% — — 92 223A 128'A 126 *123% ' •' 28% *90 23% 23% *123% - • 28% 293/8 *50 100 25 25 5 10 20 preferred $4.20 dividend May 29 103 98 % Jan 6 3 25% 25% 25% 25% *12% 1 100 Norman Co— 31% Mar July 16 35% Jan 2 103% May *93% *166 No par 38 % Dec 29% Jun 29 27 115% May 13 110% Jan 8 95 Mar 12 106% Jan 26 95 2 21% Jan 20 xllO 1 Apr 30 120 1 22% Mar 9 2 29 29% Jan 19 137% Jan 19 25 July 24 95 *25 noncumulative preferred—100 Victor Chemical Works common—5 3%% preferred 100 Va-Carolina Chemical com—No par 6% div partic preferred 100 Virginia Elec & Power Co com—10 $5 preferred 100 $4.04 dividend preferred 100 93% Apr ft *93% 2 5% Jan 32 Mar 27 25% Nov 26 123% July 3 Apr 105% Jan 112% Jun 29 16 95 22% 2.50. Van Raalte Co Inc 10 Vertientes-Camaguey Sugar Co—6% Vick Chemical Co 2.50 Vlcks Shreve & Pacific Ry com—100 4 Jan *93% *24 of America__.No par Vanadium Corp Van 17% Jan 31 preferred Light Co Utah Power & 3 40% Jan 3ft May 27 12 23 Dec 3% Dec 14 Fen 4%% July 28 32 Jan 34 13 65 IB 84 95 3% 100 Universal Pictures Co Inc com 11 *82 *91% com_No par Leaf Tobacco preferred 8% July 22 166 14 Jan Apr 24 May 23 Universal Universal 400 9% 50 1 1 convertible preferred American Corp Universal-Cyclops Steel Corp 25% Jan 27 61 6% convertible preferred—No par Wall Paper Inc common—2 4% 21% May 21 Jun 23 29 19 2 15 2 $6 *59 84 19% United 18 x27% Oct 30% Jan 27 Jan 27 51 Jun 3% Jan 22% Jan 155 11 United Stores $4.20 noncu 28% 1,600 60 *82 37 1 2d pfd_5 Corp United Stockyards 4 2 HOLIDAY 100 10% Jan 25 26 7% 59 28% 39 84 28% 100 39 60 27% 3,630 39 *58% 58% 59 59 sya 8 8 38% 28 63% SATURDAY Co common No par noncumulative preferred—25 10 94 23 24 % July 22 27/a Dec 24 Jan 89 CLOSED S Tobacco TJ 13 7% Apr 7 4 24 5% Jan 7% Jan 26 STOCK EXCHANOl No par preferred 1% Mar 18 138 % May 19 3 8 % 39 % *92 Co Steel Corp common 17 S 30 Jan 24 42% Jan •8 39 60 noncum 7% 39% Share* 22% 22% 23 *8 28 U S Smelting 68% May 29 26 87 8% sy« 39% *8 8% 39 22% 22% 22% the Week Friday Aug. 1 *82 common new. 1st preferred 100 Ref & Min com—50 preferred 50 Rubber U S 2 6 3 18% Jan 27 July 9 138% Dec 5% Jun 27 % 146 % Feb Jan 61 47% Jan 30 37% Jun 29 U 31 65% Jan 8 67'/a Mar 102% Jan July 24 Jun 136% Jan 9 76% Oct 30 Mar 28 45 94 Oct""i a Mar 28 90 23 92% Dec 128% July Jan Foundry Co— Card Co 8 Plywood Corp common 3%% preferred series A_ 3%% preferred series B— Pipe & U S Playing 34% Mar 21 July 29 x81% Jun 17 27% *8 39 U S 39% July 29 3 36 Dec 29 common. Co preferred— 4%% 8% Mar 24 13 58% July 29 66 8 Lines U 23% July 21 3 13 23'A 23 23% Thursday July 31 July 30 July 29 July 28 23 Bales far PRICES Wednesday Tuesday Monday July 26 EXCHANGE Highest Lowest Highest Lowest Saturday YORK STOCK NEW 1 Range Since Jan. • 363/4 1,100 29 % 800 37% 36% 29% *37 500 17 600 16% 16% 17 17 30 16% *29% ■ 30 30 *30 30% *61 20 w July 27 97 y2 Oct 29% Jan x8% Jun 17 23 17 y2 Jan 11 12 98 Jan 12 23 11% Mar 28 26 12 Jun 0 16% Apr Jun Walworth Co Ward 7 * 20% Jan 30 35 y* Jan 30 Warren Foundry 33 Feb B Warren Petroleum 31 5 43% Jan 23 34% Feb 7 27% May 15 1 25% Jan Jun 20% Oct 4 16 1 18% Jan 21 19% Oct 29 25% Feb 5 19% Feb 19 22% Aug 1 !3% Dec 12 18% Feb 13 12a/a Apr 18 7% Jan 2 11% Oct 19 82 Dec 31 89% Feb 41% Oct Jan 4 27 96% Dec Jun Feb 19 22 107% Feb 2 15% July 30 20% Feb 13 Mar 14 98% Sep 95 75 106 111 8 Aug 19 Feb 27 ft 9 18 Feb 7 Jen 9 102 16% Jan 3 109% July 15 I 106% Jan 29 Jan 83 Oil Highest Lowest 15 16 Apr 40 y2 Jan 10 54 Oct 8 Jun 29 29% Feb 32% Nov 8 26 2 18 • 49 % Mar 24% Jun 13 13 46% Feb 8 28 94 29% Jan 30 897/a Jan 22 Feb 30 ft 2 65 »/2 Dec 21 29% Jan Jan 71% Dec 28 10% Aug 2 3 27% July 4 10% Jan 65% Feb 27 69% May 24 11% Apr 29 12% Jan 87% Feb 5 71 July 16 123/4 Jun 4 3 157/aApr 3 4 15 23% Dec 140% Jan 10 45 Jan 3 54% Dec 5 21% May 7 25 46% Feb 5 29% Sep 6 26% Feb 20 84% Mar 12 Jun 25 69 % Nov 21 36% Jan 25 11 Jan 2 37% Dec 19 30% Jan 2 45 Va Jun 15% July 76% Jan 48 20 July 3 30% July 30 83 % Feb B July 30 112 1 75 Va 11 May 7 13% Feb x32%Jun I 13% Jan ft 40% Jan 3 19% May 27 39% Jan 14 Jan 2 47 Aug 1 1 34 Jan 7 2 24 Jun 14 41% Oct 8 28 43 48 45 71 Aug 17 17% Jun ft 97% Feb 2 1 28 Jan 25 21% Jan 25'A Feb 64 29 79% Apr 193/4 Aug 26 25 6 17 13 1ft Jun 23% Jun Sep 75% Feb 14% Jan 137 75% Jan 108 22 1ft 128% Jan 52% May 18 42 Ve Apr 17 2 9 14 4 Dec 12% July 28 Apr 28 32 9 17% Jan 90 3 Feb 128 41% Jun 14% Jan 7 15% Jan 17% Nov 19 25 29% Jan 1 9 17% Jan 8% Mar Apr 30 75 28 34% Jan 13 25 % July 10 12 7% July 12% Jan 41% Jan B 21 15% Jan 26 Jun 1 83% May 36% July 31 28V2 NOV 20 12 35% May 4 23 Va Mar 19 25% July 2 12 Oct 30 Mar 20 15 38% Sep 31% May 26 Mar " Jan 25 59% Feb 2 1 60% Jan 2 19% Jan 17 15% Apr 14 17% Jan 71% Feb 13 68 Jan I May 14 14 14 143/a 14% A _ -10 — 12% 100 Instrument—12.50 Wheeling & Lake Erie Ry — 100 Wheeling Steel Corp com No par $5 conv prior preference—No par White Dental Mfg (The S S) 20 White Motor Co 1 White Sewing Machine common 1 Prior preference 20 10% 10% 10% 10% 10 % 10% 10% 10% 1,100 28% 28% 27% 28 27% 28 27% 27% 2,800 j 82% 82" 82% 82% 823/4 82% 8£% 83 83 33% 33 33% 33 33 32% 33 323/4 32% 4,200 24% 24% 24% 24% 24% 25 25 24% 25 % 2,200 33% 7,900 i 33% 33% 33% 33 107% 1073/4 108 101% 100% 101% 100 % 12% 12% 12% 109 109 130 *100 101% *100 101% 102 102 82% 82% 82% *107% 109 *100 July 28 July 30 July 29 14 1 11% 11% 11% 11% 11% 100 10 _10 Woodward Iron Co Woolworth W) (F Co _ Corp common—No par preferred 4%% series—100 Prior pfd 4%% conv series—100 Wrigley (Wm) Jr (Del) No par Wyandotte Worsted Co ft Worthington Prior 1,200 39 — —, '■ 2,400 94% *93 53% 300 13,000 43% 43% 443/8 43% 44 Va 25% 25% 25% 25% 26 x40% 40% 40% 41 41 % 41% CLOSED 98% 99'A 1003/B 100% *99% 100 99% 99% 600 39% 39% 39% 39% 41% 41% 3,100 38% 38% 2,100 86 % 86% *30% 31% SATURDAY HOLIDAY *125 *125 —. 100 xlOO 40% 41% 41 Va 423/8 8,400 23,400 *125 *125 •125 38% 38% 383/s 38% 383/a 383/4 38% 38% 85 y4 85% 85 851/4 86 86 86 Va 86% *30% 31 31 31 27 27 27 27 27 2,500 11% 11% 11% 10% 11% 7,000 31% 31V* 31% 31% 31V* 600 25% 25% 25% 500 97/a 12,100 31% 31% 31% 31% 27 27% 27 27% 11% 12 11% 11% 263/4 *11% *31'A 31% *31% *31% 31% 26 68% 68% 11% 72 9% €9 *673A *25% 26% 9% 69 9% • 69 72 12 12 12 *70% 72 *70% 12% 25% 93A *68% 12% *70% 9% 70 12 12% 71 71 *14 14% 14 14 13% 13% 14 14 18% 18% 18% 18% 191/4 19% 19% 25 25% 135 25% X25 *135 137 24% *135 24% 137 573/4 573A 57 57 57 57 44 44% 43% 44% 433A 44% 30% 30% 793A 793A *78% 79 *78% 79 111% *111% 113 111% 112 111% 30% 30% 30% 303/4 25% *135 *56% 43% 30% 79 110% 70 12% 18% 135 9% *68% 72 14% 25% 137 57% 44 30% 19% 25 VB *135 370 600 300 3,800 100 14% 500 l93/4 5,000 25 V* 2,700 137 20 ♦56% 57 800 43% 44 47,384 30% 10,600 30% 80 79 79 112 111 111 380 370 -74 74 74 74 74 74 74 74 *74 74 V* 1,200 *11% 12 11% 11% 11% 12 12% 12% *11% 12 1,300 34% 34% 34% 343/4 35 2,100 18% 17% 18% 18% 18% 7,400 47 46% 46% 46% 47 32 32 *31% 42% •31% 47 463/4 47% 46% 47% 15% 34% 15% 15'/a 15% 77% 76% 77% 43/4 4% 34% 18% ♦453A (L A) Spring & Wire_Nopar Youngstown Sheet <Sfc Tube_No par Youngstown Steel Door No par *31% 32% 32 32 46% 47'A 46% 15% 15% 15% 77% 78% 77 4% 43% convertible preferred 94% 533A 40% 19 4%% 94% *93 *383A 40% 47 Young 54% 40% 18% Mfg Co common 39 54 40 % 34% Towne Corp 22 EXCHANOl *45% & 1,600 22 253/4 -50 York 2,000 49% 22% 54% 54 *93 .28 Yale 11% 50 42% No par 10 Winn & Lovett Grocery Co 1 Wisconsin Elec Power Co com 10 preferred *38% 11% 49% 26 11% _ 22% Share* 11% 43 *70% _ ♦49 39 ♦38% 11% 25% common—No par 6% the Week Aug. 1 42 9% $4.25 preferred— Co__ Friday July 31 26 *25% Wilson-Jones Thursday 42 9% Inc 190 253/4 25% Co Co 700 41% 9% & 600 12% 82% 108 STOCK 25% Wilson 12% 83 107% Sales far Wednesday Tuesday Monday B Oil 40 84 *81 107% 107 1083/4 108 12% 12% 13 823% 107 1 120 *100 *123/4 82 107 33% ♦108 100% 102 12% 81% xl07 33% 33% 490- 109 100% *100 102 ♦100 101 33% 33% *108 108 ♦100% Willys-Overland Motors common—1 $4.50 conv pfd series A No par Wilcox 14% 10% 29% 24% Electric Weston 42% July 31 127 14% 2,700 94% series Union Telegraph Westinghouse Electric com 3.80% preferred series B 100% July 29 Mar 20 2,000 143/4 94 Preferred Mar 27 46% Oct 84% Jun 25 127 Jan 19 126 Feb 33% Jun 125 3 23 Jan 22% 14% x94 1 34 17% 21% 94% 41% Aug 95% Jan *17% 21% 53% Westinghouse Air Brake 6 173A 20% 39 Western 7 *17% *38% 11 42% Oct 17% 20% X53% 80 104 Vb Feb 17% 20% 55% 45% Feb 6 : 17% 20% 39 27 Va Jan 953/4 July 15 400 17% 54% 24% May 14 2 1,200 ♦20% 18 July 26 INW com 37% Mar 28 30% July 3,500 * 30% *38'A RR 89 93% Dec 31% *30% No par -100 10 Pacific 13 20 30% 30% 22% 24 35% Feb 700 31 30% 49 28% July 30 15 28% 30% 30% 28 3A 28 22 47 Vb Feb 42% Oct 28% 28% 30% *30% 483/4 94% Jan 2 30% 22 9 34% Jan 30 28% 30% 27% 30 48% 28 6 500 22 84% July 4 17% 48% 6 Mar 17% 22 54% Oct 24% July 17% 33 Va Co_ 46 y2 May 24 32% Jun 17% 49 Auto Supply Western 6 56% Jun 20 17% 21% Western 42 % Jun 4,400 *17% *48% 22 9 12% -10 Western Maryland Ry common—10O 4% noncum 2nd preferred—100 54% ADr 35% Feb 27 12% LOW AND HIGH BALK PRICES Inc— Lines Air Western 20% Jan 123/s *11% 7 20 101 12% _1 15% Jan 46% Apr 30 18 3,300 18% *18% *1003A 101 12% 82% Saturday EXCHANGE 3 10% Jun 11% Jan 18% 18% *1003% 12% 10% STOCK NEW YORK Since Jan. 1 Lowest Highest Range 1951 18 101 17% 2,300 9 ♦28% 8 Snowdrift com—2.50 & 59% 59% 101 101 30% STOCKS Range for Previous Year 17% 17% 203/4 14% 1 Pump Co Tobacco Inc— $4 33% July 31 12% July 23 72 Jun ft 4,100 27% *20"% West Indies 103 % Apr 98 48% 9 30% *17% convertible preferred No par Sugar Corp 1 West Kentucky Coal Co 4 West Penn Electric Co No par West Penn Power 4%% pfd 100 4.20% preferred series B 100 4.10% preferred series C 100 West Virginia Coal & Coke 5 West Va Pulp & Paper com—No par 4%% preferred 100 2 48 9% 28% *30 7 96% Jan 14 107 48% 9% 30% 30 Va Corp Webster 9 27 !A Jan 48% 9% ♦1003A 101 28% Pipe & 41% Jan 110% Jun 48% 9% 17% Wesson 2 48% 9% 173/a ft 29 % Jan 500 48% 12% 19 106 y2 Mar 18 112% Jan 23 Nov 700 28% 12% July 17 21% May 2 27 29% Dec 30 20% July 25 27 Jan 24 101 12% 283/s 17% Wayne 14% July 31 May 12% 28% 12% 11% Jan 84 12% *28% *17% . 32% Jan 32 12% 28% II Pictures Bros 1 80% Feb 28 17 600 12% *28 12% 26% May 15 Mar 14 63 *12 9% 17% 17% ♦100% 3 9% May 36% Jan 29 30 4 May 9% 60% 12% 27% 48 48% 9% „ 1 No par 3 Washington Gas Light Co—No par Waukesha Motor Co 5 Wayne Knitting Mills 8 4 2 29'/a July 18 47% Warner-Hudnut Inc 3 Jun 28 27% 123/8 60 12% 123/s 27% 10Q 7 19% Nov 5 29 Mar common Warner 25 27 Co preferred 15% Feb Jun 23% May 25 Baking 5%% B 2B Jun 15% July G & W (Hiram) Walker 30 19% Mar 26 25 7 104 28 16 y2 Jun Walgreen Co 14 51V* Jan 10% Jan Jun 104 100 No par -No par No par 2.50 1 preferred RR 4%% Waldorf System 12% July 28 15 % Sep 4 8% Jan 17 % 65 35% 183A 47 173/4 *45% 35 500 32% 300 47 47% 8,000 16 16 16 1,400 77% 77 773A 2,600 4% 1,300 ,»r 47% Jan 4% July •Bid dlvldend. 5% Feb and y 5 asked prices; Ex-rights. 4% May 10 no sales on 83% Apr 14 5% Jan 29 this day. Corp Zenith Radio Zonlte Products tin receivership, or Corp. .No par 1 petition has been filed for company's reorganization, 0 , 4% a Deferred delivery. . 76% * ■ 4% rCash sales, -4%-- 4% s Special sales. 4% wdWhen distributed, x Ex- Number 5139 Volume 176 The Commercial and Financial Chronicle . . (439) Bond Record New York Stock «» friday The italic lettera In the column Figures Range for Previous Year Lowest Highest YORK May 98.20 9 July" 1« Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2 Vis— May 10 Apr~~f 100.4 96.19 Jan 9 96.20 Mar 18 97.17 Apr 96.1 18 98.7 *31 Dec Apr 103.2 .July 16 103.2 90.19 Jan 9 96.20 Mar 18 13 Jan"l6 100.21 96.17 Mar 18 July If 102.18 Jan 29 96.17 Mar 18 102.18 Jan 29 100.3 100 Oct 4 100.19 Mar Jan 18 100.3 Jan 100.3 1 Dec 27 Mar 18 1003 MaTH 8 99.9 96.24 Dec 4 18 97.24 Nov 95 94.30 Aug 20 27 Jan July 3l 7 96.28 Jan 21 18 Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2%s Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury 96.24 Aug 96.4 Apr 97.24 Feb transacted this day. *103.26 103.30 *103.22 *103.22 105.20 ♦105.8 105.12 *105.8 105.12 *107.8 107.12 ♦107.4 107.8 *107 107.4 *109.4 109.8 *109.4 109.8 *109.4 109.8 ♦109 109.4 *108.28 109 •100.22 100.26 *100.24 100.28 *100.26 100.30 ♦100.22 100.26 *100.18 100.22 *99.21 99.25 *99.20 99.24 *99.22 99.26 *99.16 *99.20 *99.10 99.14 *99.4 99.8 *99.4 99.8 *99.4 99.8 *98.30 99.2 *98.24 98.28 *98.16 98.20 *98.16 98.20 *98.15 98.19 *98.10 98.14 *98.2 98.6 CLOSED *98.9 98.13 *98.10 98.14 *98.10 98.14 ♦98.5 98.9 *97.30 98.8 SATURDAY *98.6 1962-1967 1963-1968 Jun 1964-1969 Dec 1964-1969 —1965-1970 1966-1971 STOCK EXCHANGE HOLIDAY 1957-1959 Interest Period Transit 8% Stock Corporate *97.24 97.28 *97.16 97.20 98.16 98.14 *98.10 „ 98.4 *98.5 98.4 *98 100.7 *100.3 100.7 98.9 *97.28 97.29 *97.25 ♦100 *97.16 100.4 *99.30 97.30 97.20 100.2 — *100 100.2 *100.1 100.3 100.6 *100.4 100.6 *100.4 100.6 ♦100.3 100.5 *100.3 100.5 *102.2 102.4 *102 102.4 *102 102.4 ♦101.30 102.2 *102.0 102.4 *99.31 100.1 *99.30 100 1956-1959 *99.19 99.23 *99.18 99.22 *99.21 99.25 *99.16 99.20 *99.12 99.16 2 Vis— Jun 1959-1962 *98.10 98.14 *98.14 98.18 *98.12 98.16 *98.5 98.9 *98.2 98.4 2 Vis Dec 1959-1962 *98.6 98.10 *98.11 98.15 *98.10 98.14 *98.5 *99.26 99.30 *99.26 99.30 *99.26 99.30 ♦99.23 2s — 1952-1955 - 2s 2s 1952-1953 ♦100 100.2 *99.31 100.2 *100 100.1 98.9 *99.31 99.27 100.1 *33 98.4 *99.25 99.29 *99.31 100.1 Jun 1952-1954 *99.29 99.31 *99.23 99.30 *99.28 99.30 *99.27 99.29 *99.27 2s Dec 1952-1954 *99.28 99.30 *99.27 99.29 *99.27 99.29 *99.25 99.27 *99.25 99.27 2s 1953-1955 *100.20 100.24 *100.22 100.26 *100.22 100.26 *100.20 100.24 *100.20 100.24 96.20 96.24 _ _ _ for & Development 1 1976 Oct 1 1981 3%s ___ ♦96.08 96.24 1975 ♦99.24 Bid & Asked ♦99.16 *94.24 95.08 97.08 *96.24 97.08 *99.20 100.04 *99.20 *99.16 100.16 51 96.09 100.4 *99.16 100.16 100.16 *99.16 100.16 *99.16 100.16 *99.16 100.16 100 *98.16 100 *98.16 100 *97 98.16 *97 98.16 98.16 *97 98.16 *96 97.16 *96 97.16 97 *95 97 98.16 *97 *96 97.16 *96 97.16 *96 97.16 97 *95 97 *95 97 *94 96 *94 96 *94 96 96 *94 96 *93 95 *93 95 *93 95 *93 95 *93 95 93.16 *91.16 93.16 *91.16 93.16 *91.16 93.16 *91.16 93.16 92.16 *90.16 92.16 *90.16 92.16 ♦90.16 92.16 *90.16 92.16 1 series No. series No. 8Vis series No. 3Vis series No. 8Vis series No. series No. 3 Vis series No. 8Vis series No. 8 Vis No. series SVis series No. series No. 3Vis series No. SVis series No. SVis series No. SVis series No. SVis series No. *95 *94 Friday (continued)— 3V4s Wertheim & Co. 100.16 100.16 *99.16 ♦95 SVis 5,000 100.4 *98.16 3 Vis F«>reign Securitie5S *99.20 100.16 Period 110& 100.4 100 ♦97 Brazil 27,000 95.08 97.08 *99.16 Interest 107 *99.16 *94.24 *96.24 *98.16 BONDS High *99.20 96.24 100.16 New York Stock Exchange Low *96.08 100 Jan. 1 No. 107 JJ 95.03 *96.24 Range Since Sold High *94.24 97.08 *99.16 Registered bond transactions. Bonds 96.09 95.08 *96.24 99.29 *98.16 Week's Range Friday's 96.24 *94.24 100.08 ♦90.16 r *96.08 95.9 97.16 95.9 ♦97 *91.16 transactions, 107 *98.12 *98 *100.3 100.2 Mar _June-Dec 120879 98.14 98.4 100.6 3 Vis 1980 98 98.2 98.2 *98 July 15 1972 New York Ctty Unification Issue— *97.28 *97.30 *97.29 *100.4 2 Vis 30-year 3 Vis Low 98.6 98.6 98.4 *100 3s or ♦98.2 *98.2 *98 -1952-1955 25-year Last 98.10 98.8 98.4 —1954-1956 _ 2 Sale Price *98.6 98.11 *98.4 *98 *100.2 1958 2 Vis __. *98.7 98.8 98.4 *98.10 Dec 1967-1972 2%s 98.10 103.26 *93.4 Sep 1967-1972 . 2%s *103.30 *98 Jun 1967-1972 _ Bonds(f 103.26 *105.16 RANGE FOR WEEK ENDED AUGUST New York Stock Exchange Sales fot the Week Hlrh 105.24 3s Friday BONDS Uw 107.14 28-year lot Friday Aug. 1 Hick 104.2 1 a Odd m *105.20 2s serials of '50 due Feb 15 1960 sales t *107.10 2s serials of '50 due Feb 15 1961 2s serials of '50 due Feb 15 1962 No Thursday Ju.y 31 OJKlk 107.14 2s serials of '50 due Feb 15 1959 price. Low Hl(b 105.24 2s serials of *50 due Feb 15 1957 2s serials of '50 due Feb 15 1958 asked liU* Uige 104.4 2%'s Treasury Treasury Treasury Treasury 27 July 30 *107.10 —1956-1958 _ 2V4s PRICES Wednesday *105.20 2%s— Treasury Treasury Treasury Treasury Treasury SALE *104 _ 2%s HIGH July 29 1956-1959 1960-1965 _ 2%s Low ui|s AND Tuesday July 28 2s serials of '50 due Feb 15 1953 3s serials of '50 due Feb 15 1954 2s serials of '50 due Feb 15 1955 2s serials of '50 due Feb 15 1956 and point. a Monday July 26 Lew _ 2%s 23-year •Bid of —1958-1963 — — Reconstruction 101.28 Jan 96.20 Nov the month when the bonds mature. case 82d more or 1955-1960 _ _ International Bank 95.7 ens Saturday EXCHANGE _ 109.9 represent STOCK _ 109.8 Period " Indicate In each peint GOVERNMENT BONDS NEW Highest "Interest decimal Exchange yearly ■ LOW Range Sinee Jan. 1 1951 Lowest headed after weekly - Week's Last Sale Price or Range Fridav's Bid & Asked Low ' Bonds Range Sine* Sold High No. Jan. 1 Low High June-Dec •''84 81 June-Dec •87 82 92 77 % 81% __June-Dec a *76% —June-Dec *76% —June-Dec *76% 78% 81 81 75 82 *76% 82% 81% —June-Dec *76% 82 —June-Dec *78 —June-Dec 15— 88 82 *78% __June-Dec 81% 76 80% 80% 76% 80% 80 80% —June-Dec *75% —June-Dec •76% 77 80% —June-Dec *76% 77 80% *82 82% 83% —June-Dec 22IIII—IZIIZI —June-Dec 23 —June-Dec *78% 76% 81% 76% 76% 77% 82 80% 75 80% 80% *89% —June-Dec 25l~I~"~~I 78% 80% 82 NY 1-1693 AExternal sinking fund 7s 1st ser sec sink fd 7s 2nd ser AExternal sink sec 80-year 3s f s $ fd 7s bonds 3rd ser *76% 79% 80 —June-Dec *81 80 83 series No. *76% 80 No. 29 —June-Dec *76% 81 30 —June-Dec *76% Peb-Awp April-Oct Afar-Sep ♦88 Jan-July 88% *88 —- *63% —— 64% 1957_April-Oc< 63% 1957_Aprll-Oct 1957_Aprll-Oct 63 67% 67% . €4% 63% 63 4 42% 42% 1 67% 63 ' —. 42% 13 - 67% 63 ♦63% 1974 Oauca Val 64 —— 67 63 67% 41 47 101 (City) 8s 97% 97 assented AExternal AOs 1960 assented Feb Australia (City) external 5s 1958 Jun-Dec 5s 1955 Jan-July Feb-Auy 101% June-Dec (Commonwealth) 10-year 3 Vis 93% 1950 10-year 3 Vis 1957 20-year 3Vis 1967 20-year 3Vis 1966 15-year 3%s 1962 Belgium (Kingdom of) 104 Vi 104% 4 101% 101% 115 105 100% 101% 94% 94% 93% 94 3 27 85% 89 1 84% 88% June-Dec 88% 89 June-Dec 88% 88% Feb-Aug 6s 1955 External sinking fund 7s 1955 100 87% 88 Jan-July 12 16 ►103% 106 % June-Dec 112 92% 96 Vi 92 94% 83 88% 102% 108 108 112 AOs assented Jan Extl sink fund 13 101% reduced AExternal s to 3.5% ) f 0%s of Stamped pursuant reduced AExternal s to f 1978 June-Dec 1926 due to Plan 3.375%) 6%s of 10 94% 97% 97 97% 20 94% 97% 64 43 A 3.375%) 1979 (Central Ry) 1952 Stamped pursuant to Plan A to 3.5%) 62% 67% 86 2 86 57% 57% 57% 16 1957 April-Ocf (Interest 86% 86% 86% 3 58% 58% April-Ocf 37% 58% 37% 42% 1961 55 *37% 37% 43 *55 55 58% 1961 *37% Jan-July $ bonds 2%s-3s 1993 *55 37% 36"% 3.375%) 65 65 65 70 April-Ocf 57% 57% 58% 57 65% June-Dec 1979 External dollar bonds of 1944 3Vis series No. 1 64% (Plan B) FIRM 38% 37% 79 MARKETS •80% 82% 80 84 — 8Vis series No. June-Dec 8Vis series 76% No. 3 76% June-Dec 75% 81% 8Vis 80 series No. 80 4 80 L_June-Dec 78% 77% 82% 76 77 w*85 __ FOREIGN SECURITIES SPECIALISTS 84% 78% r-arl marks & r.o. inc. 3Vis 2 series No. 6 June-Dec 3 Vis series No. 7 Jane-Dec 8Vis series No. 8 fnr>tnnt.»»B June-Dec nav* ni „ — - ..v1 *76> — 76 . 82% 82% 85% 75% 83 50 Broad Telephone HAnover St., New York 4. N. Y. 2-0050 Teletype NY 1-971 40% 58 37% securities TRADING 58% 55 57 For Financial Institutions foreign 59% 43 55 *37% June-Dec 43 55 *37% Afay-Nov 58 37% 37% *55 Afay-Nov 1963 37 *55 *37 95 65 funding bonds of 1931 due 1951 Stamped pursuant to Plan A (interest to 58 June-Dec 1% reduced 64% 42% *55 91 92% June-Dee (Interest 1978 56% 86 47 58 55 91 ' Aprll-Oct due to A 7s reduced 9 86 April-oct 62% 78 40% 56 95 62% 47 97% 113% 92 62 % (Interest 1979 1927 Stamped pursuant to Plan reduced A 1957 103 103% 97% lABrazll (U 8 of) external 8s 1941 June-Dee Stamped pursuant to Plan A (Interest 101% Feb-Aug 1961 Feb sinking fund 6s 1963. assented 103 % 103% 97% Feb-Aug 6s sinking fund 0s Bept 1961—Mar-Sept Sept 1961 Mar-Sept AExternal sinking fund 6s 1962 Aprll-Ocf AOs assented 1962 _Aprll-Oct A6s 97% 41% *55 assented AExternal 10 *37% AExternal AOs 81 *37% ARy external sinking fund 6s Jan 1961—Jan-July Antwerp 81 16 *55 April-Oct sinking fund 81% 76% 43% 43% 43 (Dept of) 30-yr 3s s IA Chile (Republic) external s f 7s 1942—May-Nov IA 7s assented 1942 May-Nov AExternal sinking fund 6s 1960 Aprfl-Oct AOs 100% 101 78 75% *67% Jan-July f $ bds 1978_Jan-JwZy 1954 81% '100% 103% 3%s 1961—. 1975 A Carlsbad Mar-Sept Feb-Aug Jan-July Mar-Sept Mar-Sept 2% 64% 1957 43% 2%s 96'/a 63 *63% Jan-July 25-year 25-year 89% 94 5s 30-yr 3s s f $ bonds 1978-Jan-July (Dominion of) 1 63% *63% —-- Canada 89% 63% 64% 88% — — ♦94 % —— Jan-July 1978 —June-Dec 28 (City) sinking fund Sinking fund gold 5s 1958 Oaldas (Dept of) lAExternal sinking fund 7s ser C 1945—Jan -July lAExternal sinking fund 7s ser D 1945—Jan-July AExternal —June-Dec 27 No. Brisbane Foreign Government and Municipal Agricultural Mortgage Bank i Colombia!— sinking fund 6s 1947 AGuaranteed sinking fund 6s 1948 Akershus (Kingdom of Norway) 4s 1968 lAAntioquia (Dept) collateral 7s A 1945 lAExternal sinking fund 7s ser B 1945 80% 20 No. SVis Teletype Broadway, New York IA Guaranteed 79 % No. series 3Vis series 120 *76% series SVis 3Vis series Members New York Stock Exchange REctor 2-2300 —June-Dec 3 Vis 3Vis series No. T elephone 27 42% 36% 41% t The Commercial and Financial Chronicle 28 . . Monday, August 4, 1952 . (440) RECORD NEW YORK BOND WEEK ENDED AUGUST RANGE FOR Friday Period Stock Exchange New York or Last InteresS BONDS Sale Price Bid & Asked High Mortgage A A Chinese of A6s ,P Jan-July 1970—April-Oct Mortgage Bank 6%s 1947 April-Oct fund 7s of 1926 due 1946 May -Nov fund 7s of 1927 due 1947 Feb-Aug 1961 Jan 1927 sinking fund dollar bonds 5 A Colombia § ASinking §ASinking (City) Copenhagen —June-Dec 1952—*— 5s 25-year gold 4 Vis 1953 ACosta Rica (Republic of) Cuba extended 6% ) f f A7s 1st A6Vis Greek Jan-July Jan-July & 953/8 10 62% 96% 7 94 98 89% 32 78 80 62% 61 573/4 _2 64 *8 — — 53% 10 10% 2 84 108 97 82% 100 6 97 *8% 3% Italian 2% Consortium Credit to Jan. 3% Jan-July Jan-July June-Dec (Kingdom of) 7s 1951 Japanese (Imperial Govt) — A 6Vis extl loan of '24 A5Vis extl loan of '30 AMedellin Mexican 3s f s Bank) 6Vis 43 % 43 % 74% *74 43% A4 Vis ANew 74% 92% 90 *9% *63% Jan-July *423/8 10% - , l943_May-No® of 1899 1 .? 1 1 1 a 6s A 67% 1945 ~8% "9% 8% 8% *140 — — ~ — 1979 95% *94 97% 97 91 — — - 98 96% Jan-Jufp 96 % 1 91 98% 79 96Vi Feb-Aug 1984 43 ! *92% Afap-Nov 1978 90 91% 93% 93% 93 % Afap-Nov 79% 55 79 94% , 1958 7s *7% 8 loan Great Co Aluminum 3"Via 9% 11% 97 102 102 V2 105 104 y« 6 7 107 9 *5 4% 1003/b Feb-Aug 1958 of '26 1961 — 97% *91 June-Dec Southern 3%s 1967 — *■■■' *101 May-No® Co of Amer 3 Vis Canada of debentures American Airlines Bosch 1964 72% 8 108 "i 72% 72% 73 Vb 70% 96% 98% *98 99% 102 102 % 7I 101 102% 104 104% 34 104 104% 92 Va 10 913/4 93% 35 85 93 _ Ltd— 1970 -Afap-Nov 104% & 3s 103% 104% *106 Feb-Aug debentures Corp 3%s s 1966— debs f June-Dec 92 % *100 1964—May-Nov 86% Foreign Power deb 5s 2030_„Afar-Sept junior debentures 1987 Jan-June 4.80s 863'4 87% 643% 65% 92% 92% 93 June-Dec 109% 181 63% 72% 33 657/s Feb-Aug ApriZ-Oct Jan-July Telephone & Telegraph Co— 2%s debentures 1980 1963_Jan-July (assented agreement) 1910 16% 16% 16% 15% 16% 1954 (1942 agree't) (assented to 1922 I968__jan-July 8% 8% 22 8% 91% 94% (1942 agree't) ASmall 14% SATreasury 6s of 1913 (assented agreement) to 14 Vi 14% *14 1963—Jan-July 14% Hi/4 10 14% 14 Vi 14% 1922 1933 ASmall (1942 agree't) (City Minas Geraes 18% *171/4 1963_Jan-July of) 6Vis 1952 (State)— 18 % 17% *17 assented new ASmall 177/b 17% 18% 69 72 *72 April-Oct 2.125%) 2008 35Vi 35 Vi 35 36% 351/4 Mar-Sept 351/2 351/4 102 Vi 93% 103 % 99% 100 »/4 99Vi 100 ex'l sinking fund 6Vis 1959—Mar-Sepf Stamped pursuant to Plan A (interest reduced to 2.125%) W Products 4s 1995_ * mortgage Netherlands 102 Norway *99% *991/8 — — 96% 115% 104 103% 104 % 63 102% 105 112% 113% 30 93% 85 113% 118 116 115% 116 1,721 114% 116% 99% 101% 94% 100% 110% 101% 43 66 96% 101 98 23 100 *98% June-Dec 101% 99 98% *82 3% *90 80% 95 — 823/4 80 85 ApriZ-Oct 96 / ' 120 120 ..April-Oct 1963— 30 118 121% 10 120% ,112 5/s 113 108 114 Va 100% 1013/4 104%. 108% *101% 102 V4 May-No® 106 % 107 107 June-Dec 16 ' 100 100% 103 debentures 1966——Jan-July 103 96% 9T% 100 5 8 . 102% : 103 ; 38 - 103 99%' 96% > b 99 99 88% 99% 941/4 93 96 Baltimore t Ohio RRf- 98% 99% , I First mortgage. 4s series A July 1975—.April-Oct *90 •v 993/4100 % 100% 100% 100 mortgage - 4„%s-4s ser A 1980 _ATar-8ept Gen,mtge 4%s -ser C 1972.——....J.Jan-July k 115% 110 % 28 95 Vb 1143% 115V2 95 Quar-Jan 1966 941/4 99 113Vi " 115% *°n Atlantic Refining ~2%s 94 93 Feb-Aug .... 3%s 91% 111 Stamped 4s July 1 1995— .——May-Nov Atlanta & Charlotte Air Line Ry— First 2 32 Anril-Ocf 1977 Topeka & Santa Fe—- General 91% 1093/4 385 1964 Co 5s 94 Va 87% 106% 92 Vb 93% Feb-Aug Atl Coast Line RR 4%s A 1964.: 2008 .Mar-Sept (Kingdom of) 3%s 1957 May-Nov (Kingdom of) 4 Vis 1956 Afar-Sept External sinking fund 4%s 1965 April-Oct 4s sinking fund external loan 1963—...Feb-Aug 3Vi$ sinking fund external 1957— April-Oct Municipal Bank extl sink fund 5s 1970—Jun-Dec A P 24 112% 113 % Afar-Sent 1969 debentures 96 93% 55 203 113% June-Dec . Anglo-Lautaro Nitrate Corp— r. 1st mortgage 4s (reg only) i960Ann Arbor, first gold 4s July 1995—: 36% ASecured debentures debs wi debentures 3 Vis '? extl sinking fund 6Vis 1958—Afar-Sept Stamped pursuant to Plan A (interest to 3s Atchison ASecured reduced conv 90 92 % Jan-July American Tobacco Co debentures 3s 1962—ApriZ-Oct •. Jan -July 1959 1963 3%s 94% 89 % 108% 109% June-Dec 1973 3%s convertible ; 94 90 June-Dec 1987 convertible debentures 2%s debentures 1971. Jan-July 94 June-Dec debentures i 13%s agree¬ 1945 1961 ■ ApriZ-Oct 3%s debentures 8% debentures 2"Vis June-Dec 8% 1986 (2%s convertible debentures 1957 ; due 1975 convertible 2%s debentures 1982 16% to debentures 2%s 16% 17 debentures 2%s 16% *15% (1942 agree't) *15% *15% assented new assented A Milan 1979 102 ASmall A6s *135% 1937)— 103% 1945—Quar-Jan agreem't) (1922 A4s new assented A4s of 98% 109 American 1904 ment) 833/a (City of)— American Quar-Jan ASmall 8A4s of 79 y# 2 ' ALarge 1922 31 *151 May-Nov Power first mortgage 3%s 1972„_Jan-July Albany & Susquehanna RR 4 Vis 1975—_April-Ocf Alleghany & Western 1st gtd 4s 1998 _April-Oct Allis-Chalmers Mfg 2s debentures 1956 Mar-Sept 2%s of 97% 93% Mar-Sept Feb-Aug Afap-Nov Alabama Small A4s 50 Feb-Aug external Alabama 47% _ assented new 60 40 55 Valley (Dept of) (City) extl 63 A Small A5s 93 46 V4 103% 103% June-Dec 1964 readjustment American ALarge 8A5s 91% 73% 63 OMPANIES "2 <x J93 % — *53% 12 —— 1% 1968—Jan-July (1942 agreem't) due 5 95% (Republic of)— 8A5s 10 Aluminum 1968 66 91 89 Mar-Sept readjustment assented A4Vis 105% 8% 8 85% *46% 1952 '12 bond external Cauca 41% v — 43 6% _2 90 1952 coupon on 1 (dollar external AWarsaw 74% 76 77 12 8 — 8 Del Cauca See 44% 70% 883/4 — 11% 103 81 93% 89 4-4%-4%s 27 11 *9% *7% 93% 93% 1 96 96 — 12% 8% — Jan-July 75 25 10034 103 9% April-Oct 1961 conversion Yokohama 102 69% 8% 4 8% *8% 3y8S-4%-4/(fs external conversion 1978—June-Dec 70 1 — -- June-Dec 1943 small assented A Small *27 433/4 40% 37 81 61 — 83/4 8% Jan-July 1971 readjustment 3%s 1957—ApriZ-Oct 7s 1954 1978 agreement) (1922 1958 703/4 — — 673/4 77 — 66 % *65 Dfap-Nov 40 87 — 80 % Ltd— sinking fund 6s 3%-4-4%s 453% Irrigation— 8A4Vis assented Mexico 43 % *74 .-May-Nov 1965 bonds $ Feb-Aug 1954 (State Mtge (Colombia) 30-year 84% Valle 1952 7s 1962 1957 External thereafter 1 1952 1977 Altaly Ajugoslavia 9 5/s Utility Institute— due A External 43 April-Oct AGs 1st mtge $ ser 1953 UJigawa Electric Power Co Ltd— A 7s 1st mtge s f 1945 8 A Uruguay (Republic) external 8s 1946 AExternal sinking fund 6s 1960 10% 40% 63 7s External Jan-July Afar-Sept 1947 B Public to Jan. 5% 43% 453/8 45 f loan March AExternal 45% 80% Tokyo Electric Light Co Ltd— 8% 79 ■ 70 60 — 66% — ' 1977 series § A7s 2% — — Jan-July June-Dec sterling loan of Works Public for *8334 1952, thereafter 1, due Italian Jan-July 1977 due 8 « extl A5 Vis A With 7% 9 *7% paid 1964May-No® A6s part paid 1968 Feb-Aug Helsingfors (City) external 6Vis 1960 April-Oct Italian (Republic)— External s f 2% to Jan 1, 1952, thereafter 90% 62% 2 -- ~ *62 Ufap-Nov 3%s of s 66 (Interest 1958 Power Co (40-yr) 76% 84 -- (City of)— Tokyo 55% — A 5s part Electric A5 Vis 57% 103 % 103 % Mar-Sept external external of) 57 (Kingdom)— secured Vis assented Taiwan 82 11% *53% 65 95 (interest —Jan-July 1962 Sydney County Council 82 75 ~ 71% 51 ~ Jan-July 1999 external (Prov 59 69 67 — *72 June-Dec A 4 39% 723/4 55 — June-Dec 89'% 68 (interest loan 1956 water B *51 56% A Silesia 102 Government— A7s series A7s 36 Va — *51% Shinyetsu Electric Power Co Ltd— A6V2S 1st mtge s f 1952 87«/4 *80 Feb-Aug Jan-July 1944 1950— ~ 96 % Jan-July 7s Power— A mtge gen 52 2.5%) to secured — 1. 1 Croats & Slovenes A 8s 2 36% Jan-July Jan-July 1999 Stamped pursuant to Plan A reduced to 2%) 2012 53 49 40% 1. 2.5%) to Stamped pursuant to Plan A reduced to 2.25%) 2004 A 6s external dollar loan 1968 47 36 51 36% May-Nov 1950 external 7t, A 113% 41% 99% 100 Jan-July 1(1976 19671_. series mtge 1st reduced 81% 1 Apnl-Ocf dollar bonds Jan of) external A8s 45% 42% * 1 1976 dollar bonds Jan s Elec 72% 109% reduced (interest 56% 1 37% *72 May-No® Stamped pursuant to Plan A 38 1 42% nn./ (Republic 22 High 56% __ pursuant to Plan A 1936 stamped 8s 853/4 78 15 81 40% Low of) — (State Paulo San 61 113 % 113% 89 /\ Consolidated 623/4 61 85% 81 1 AEstonia 57 623/4 „ *39% April-Oct Great 93% 50% 38 —— 84% 84% Jan-June 20-year external 6s 1942 gold 5Vis 1955 gold 4 Vis 1962 El Salvador (Republic of) — 4s extl s f dollar bonds Jan 1 1976 s 98 — — 53% 99% Jan. 1 No. — 37% sinking fund 1957—May-Nov (interest Vis extl secured Stamped pursuant to Plan A reduced to 2% ) 2012 *60 External extl 53/4 33/8 -- 98 *60 External 3s extl - A 6 37% June-Dec April-Oct May-Nov (interest) Stamped pursuant to Plan A reduced to 2.375%) 2001 58% 42% Serbs SADenmark 3 Vis ~6 53 Jan-July (interest reduced to to 1960 Stamped assented 55 37 —— Range At tut* Sold . pursuant to Plan A 2004 (interest reduced to 2.25%) (City of) 6%s 1952 ASao Paulo (City) 8s 1952 48 Rood* * High — June-Dec A Rome 573/4 37% *60 June-Dec bonds 1978 30-year 3s sinking fund $ Czechoslovakia (State)— 55 2 *96 of) (Dept Cundinamarca 1 38% *96 53 '/a May-Nov 1951 (Republic of) 4%s external 1977 55 % 2004 2.25%) to 1967 stamped 7s 57% *3%> ™a!/"w 7s reduced 43 *373/4 1961- Oct 1928 of AGs 3s ext 56 37% *55 of)— (Republic Colombia 40% 373% SfJi, — 573/4 373/8 — Iriday 01 Bid & Asked (State of)—(Cont>— 7s external loan of 1926 due 1966 May-Nod Stamped pursuant to Plan A (interest A 55% 1960—Mar-SepZ Mar-Sept 1951 June-Dec 1960-1; (Hukuang Ry) 5s assented A7s 58 *3734 MuV-Xov Sale Price Grande do Sul 43 *55 Apnl~2,, 1962. 6s Municipal 7s Consol Chilean *373/4 AprlL~?fl Last Period Low Rio 55 1 55 Interest High 55 __ 55 ZnirZ 1961 6s 1961 AGuaranteed sinking fund A 6s assented 1962 assented A6s Low __ *373.4 June-Dec 1961 sinking fund asseirted A63/4S AGuaranteed Jan. 1 No. Week's Rang* BONDS New York Stock Exchange Banff 8ino« Sold 38% *55 June-Dec 1957 Bank 6 Vis A6%s assented 1957 ASinking fund 6%s 1961 Chile Friday Bonds Friday's LOW A 1 Week's Rang* . •. y' -1" V ' 92% 93 59; 97 97 VB 56 73% 74 46 73% 733% 35 73% 73% 23 86% 87V, ~ 64% 65 186 84 ■ 94' First mortgage 5%; series B (4% fixed and l% contingent interest) July l975JApril-Oet Refunding and general mortgage 5% (2% fixed and 3% contingent interest)— Oriental Development Co Ltd— A 6s extl loan (30-yr) 1953— Afar-Sept loan (30-yr) 1958 May-No® sinking fund 4%s 1955 April-Oct lAPernambuco (State of) 7s 1947 -Afar-Sept Stamped pursuant to Plan A (interest reduced to 2.125%) 2008_ Mar-Sepf .APera (Republic, of) external 7s 1959 -Mar-Sept A5Vis Orto 92% ANat loan extl ANat loan extl fAPoland s s f 1st gold 6s A 4 Vis assented 95 67 92 991/2 53 5 98 190 1 52 53 99'/a 53 . - ' *92% 97»/4 35 37% 48% 48% 46% 50% 48% 49% 46% 48% 48% 46% *7% 50% 7% 4 50% April-Oct April-Oct 1940 1963 ~8% 51/8 9% 5% *8% 81/2 7% 5% 6 »/2 5% *9% b to 2.25%) 2006 Stamped pursuant to Plan A reduced to 2%) 2012 Bio Grande do Sul IA8s *37 38% *36 Jan-July 35% 40: 37% of 1921 mtge .4%s-conv 1976^ Bethlehem Steel Corp— . 1999 A 6s 35% —— 50" 50 35% 50 50 54 Boston & Maine-RR— (interest Feb-Aug *34 April-Oct *63 32% 37% 66 37 66 t April-Oct external sinking fund gold 1968 June-Dec Stamped pursuant to Plan A (interest reduced to 2%) 2012 —June-Dec For footnotes see page 31. 77% 71% ,77 W V 71 8 91 83% 59% > 66%. ,.v 8iya 6 89 88% 89 81% 80% 81% 25 793/4 ► 793/4 80% 17 77% f ;9t '/ 75 82-. 77% i 82% *44 52 Vi 47 48 48 52% 52% 51 53 36% 36% 36 1 38% 89% 6 80% 110% 111% 22 110% 883/4 . 111% *96 90 1123/4 93% 96% 94% 95y4 97% 98% 96 % 100 % . .. 40 Vi 55 Stamped pursuant to Plan A (interest reduced to 2.5% ) • 64% Jan-July Bell Telephone of Pa 5s series C I960——April-Ocf Beneficial- Industrial Loan 2%s debs l96l_Afap-Nov 35 55 , 1946™ — - it 99-;; r: » First lien and ref M 4s series D 1985—janrtfuZp mortgage 2%s series I 1970—Jan-July 1 Consol mortgage 2%s series J 1976 _May-No« Consol mortgage 3s series K 1979— Jan-July Borden (The) Co 27/8s debs 1981 :Afar-Sept (State of)— external loan *— -t 4; __ ' S'western div first mortgage' 5% ser A (3% % fixed & 1%% conting ent) 1980_jan-July 1st (City of) 8s 1946 April-Oct (interest -April-Oct Feb-Aug A reduced to 2.375% ) 2001 AExternal secured 6 Vis 1953 • '•/ 91% ,/ Bangor & Aroostook RR— Jan-July Stamped pursuant to Plan ; V 73% June-Dec iiifar-Sept SeriesM due March ! 1996— _Afdr-Sept Ref and general mortgage 6% (2% % \ \ : fixed and 3%.% contingent interest)'— ,r .; ; ' ; Series J due Dec l 1995— .June-Dec A4%s convertible income Feb1! fcOlO May Pittsburgh Lake Erie & West Virginia— * Refunding 4s series A 1980.-. .May-No® Consol SARlo de Janeiro ; ^ Toledo-Cincinnati• division— 81/2 1 \ 8s (interest reduced : Series G due Dec 1 1995L * Series K due Marcli 1 2000—. - * 7 9 ~6% *5% *5% -Jan-July (City of)— 1961 stamped pursuant to Plan A (interest reduced to 2.375%) 2001 7Vis 1966 stamped pursuant to Plan A 1 • 7% Porto Alegre : . /- A4Vis assented 1958— ...April-Oct fAStabilization loan sink fund 7s 1947—April-Oct A4Vis assented 1968 ApriZ-Oct AExternal sinking fund gold 8s 1950 Jan-July * 69 20 i960—June-Dec series of) 6 90% 1961 series f 6s 2nd (Republic 6s 94 88 »/8 extl (City) 07 :: - 96 Va 96% 98% 95% 99% 98% *73 1 95 V2 *98% *98 % — 3 77s/8 1 ■. 97 98 99% 74 79 101 102 75 — 75 ; First mortgage 5s series AC 1967. First mortgage 5s series II 1955.. First mortgage 4%s series JJ 1961 Mar-Sept *101% May-No® AprtZ-Oct First mortgage 4s series RR 1960 Jan-July AInc mortgage-4%s series A July 1970—May-No® — 73% 56% Bristol-Myers Co 3s debentures 1968 ApriZ-Oct Brooklyn Union Gas 4s debentures 1969__Mar-Sept General mortgage 2%s 1976—.. 1st mortgage 3s 1980-__„ —.Jan-July Jan-July — *74 74 31 66s/8 54% 56% 55 52% 593/4 99 Va 101% 102% 104 % 92% 95% *99% — 103 3/4 103% *94%, 1— 76% 723% *96%, 95% - 8 Number 5139 Volume 176 . . The Commercial and Financial Chronicle . (441) NEW YORK BOND RECORD RANGE FOR Friday BONDS Interest New York Stock Exchange Period or Sale Price Friday's Shoe 3'/2s Co debs 1971 Jan-July Builalo Niagara Elec first mtge 2~%s 1975_May-Nov Pittsburgn Ry— Stamped modified 4 VaS 1957 May-Nov 95 Bush Terminal Co Cons 5s income mtge gen 1955 5s Terminal Buildings 5s 78 % Jan-July 1982 No. 100 —Jan-July Interest Period 10 100 1 i04% 97% 72% . ACertmcates 83 % 34 105% 82 84 , Electric California Oregon Pdwer 3 VaS 1974 Canada Southern Canadian first Power consol National 3s May-Nou *97% Aprii-Oct Guaranteed gold 4%s gold 4%s 1955 June-Dec Guaranteed gold 4 '/2 s Canadian Pacific Ry— 1956 Feb-Aug 4% consol Capital 4s debenture 1957 Jan-July (perpetual) 109 >/8 series 104 Vi Mar-Sept 95 Celotex 3V4S debentures 1960 Feb-Aug 3 Vis debentures (1947 issue) 1960 Feb-Aug AtCentral Branch U P 1st gold 4s 1948—June-Dec Central of Georgia Ry— First mortgage 4s series A 1995 a Gen A 4V2S mortgage oerica General Co of New Central Pacific First and York 3 Vis Power 3s Ry 1974 3 Vis series A mortgage 3%s series B Champion Paper & Fibre deb Chesapeake & Ohio Ry— General 1974 and impt and 1968 90 543/4 291 100 % 100 % 2 — 100 1 1st & ref 1985 4Vis series A conv ser increased mortgage First mortgage series B Gen series B 3s 1 1989 97 11 90 83 84 84 14 71 Vi 3 108 % 1 82 Va 4 76 Va 60% 81 68% 68% 18 61% 60% 61 25 *99 % 100 — — 60% series Chic B & 1977 1966 3 94 100 75 28 69 77 63% 59Vi 65% St Louis 134 mortgage 3s mortgage 2%s 43/4s conv debs 3s debentures debentures Columbus & South Columbus & A First mortgage 3s 101 1 1977_ _• 3Vis external 4s 1977 96% 101 % 105% 94% 99 Va 22 105% 104 98% ~1 98% 4 83 95 — *78 f debentures 1999 87 68% 65 — 69% 52 65 3/a 20 *101% 102% — — debentures 2001 106 96'/a 30 99% 1951 A 993/8 993/4 32 — 98% 99% 993/4 *97 108 10 C 1972_June-Dec mtge 2%s ser mtge 2Vis ser refund & B refund refund 1st 93 A refunding 35 series refund ref G ser M 3Vis convertible D 1972 ser 1981 H 1st ref 1st ref 1st ref M M 2%s s Lt & ser 2%s mtge 2 Vis conv El ser U 1981 ser X * Continental Can 3Vis debs 1976. s f Crucible Steel Co of Vnr debs 2%s 1977- DAfff 31 2.35s 1985 J June-Dec gold 4s 1995 . 77% 95 87 100 mtge Tire AFirst 117% June-Dec General 5s 1965 A ser Jan A4s April : 3s debs 1961 first Denver 4%s Ry 4V8s income (B F) 95 103% 105% 114% 117% 69% 72 105 71 87% 74% 85 87% 95% 95"% 10 95% 97% 953/8 953/3 5 94 Va 97% 92% 94 *— 93% *105 105 107 *131% 135 130 % 131 % *101% 101 102% 105 110 106% 106% — 107 V8 108 3/8 78% 10 78 % 67 77% 713A 78% *92 96 96% 97 *84 87 80 88 84% *100% "l 84% 76% 87 100 98 __ 1959 *__ 101 % 102 100 3/a 100% June-Dec *100% 26 100 3/a 51 101% 102 100 % 1013/4 95'/2 95 __ 102% 953/4 General 5s 92 103% 101 105% 101% May-Nov debentures *„ —Jan-July 104% 105 1969 *95 98% series C 1973- mortgage 23/4s series P 3 First and General Gulf 99% 99 Vi 3s 102 First 102 % 102% First refunding 4s series B 1975 33/4s mortgage mortgage 98% Hackensack 89% 94 Hocking 93V4 Household 92 Vi 1968 2%s 84% 1st 1979 23/4s 1980 119 108 % 113 84% 93% 86 40 93 80% 88% 72% ~7 76% 95 86 76% 91 95 75 72 75 16% 15 1013/4 102 87% 100 76% *1003/4 1981 87% 18% 2 100% 102% 89 99% 102 6 77% 77% 4 100 67% 77% __ *__ 94 *„ 100 *98 3/4 May-Nou 6 99% 92 91 98% 98% 106% — — 106 % June-Dec -— , 94% Water *— Lighting (conv first mtge 2%s 1976—Mar-Sept first 4%s 1999 Jan-July Ry Finance after Corp 23/4s 1970 & Power Co— 106% 7-1-53) 92% 1967 *_1 105 116 116% 22 103 105 104% 105 96 3/4 59 58% 59% 78 56% 65 25% 273/8 !90 25% 34 Telephone 23/4s series A 1981 ..Jan-July 93% 933/4 941/3 17 933/4 99% 99% 3 Feb 97% Illinois Bell mortgage Central 3s series B 1978 June-Dec Consol mortgage 53/8s-33/4s series 103% 104y4 95% 99 96% 98% 96% 24 102% 104 96%;;97 23 96% 99 121% 99% 100% 102 Va 104 lOOVi 101 ser A'1979—May-Nou B 1979-May-Nou mortgage 33/4s series C 1974——May-Nou Refunding 4s 1955—*—* —May-Nov Collateral trust gold 4s 1953— —May-Nou Refunding 5s 1955—. May -Nov Debenture 43As 1966 —Feb-Aug Louisville Div & Term gold 3%s 1953—-Jan-July Illinois Central and Chicago St L & N O— Joint first refund 5s series A 1963 June-Dec First and refunding 4%s series C 1963—June-Dec refund mortgage 4s series D Illinois Terminal Ry 4s series Indianapolis Union Ry Co— 99% 100 A 99% 1 100 3 «99 104 101% 102% 1093/4 1043/4 104% 1003/4 101% 107% 107 % 102% 103 22 99 — 100 __ 3 Steel Co 3%s debs 1972 Mar-Sept Mar-Sept 108% 105% 107% 103 100% 109% 1093/4 41 106% 110 104% 1043/4 11 1013/4 105% *101% 103 . *90 mortgage 3.20s series I 1982 99% 1013/4 1 Refunding and imp 2%s series C 1986—June-Dec 1st 100% 102 94% 3 *— Inland 95% 100 104% *100% 1963—June-Dec 98 101% 101% 101% 1970——Jan-July ' 96% mortgage 4%s-3%s Consol First 99 RR— 141% 95% 36 93% 26% 5s 103V4 98 93% 119 116% 116% June-Dec 103 98 92% 114 — 93% 101 % 115 4 93 3/a 1957——Aprii-Oct income 95% 99 92 92 '119 Jan-July Hudson Coal first sink fund 5s ser A 1962_June-Dec Hudson & Manhattan first 5s A 1957 Feb-Aug 131% 10 111% 6 Dec * 88 — 2 25 __ 84% 95 —Jan-July 55 '' 91% *15 % Avril-Oct Consol *99%ri00 993/4 *71% "—Jan-July 1976—May-Nov mtge 103 3/a 17 97% *74% Jan-July 23/4s 3%s Valley AAdjusted 21 98 trust Utilities 101 96 97% 983/4 H 6 *96 Jan-July mtge inc 5s series A July 2015— April refunding 3%s series D 1989_April-Ocf mtge inc 4s series B Jan 2044 April mortgage First 100% 105 95% RR— 100% Illinois — 103% 101% 100 1003/4 1003/4 Ohio mortgage 3s 1978 debentures 1969 97Vi - 1982 First 6 *103 *91% and States 98% 99% 97% __ 91% mortgage 2%s series Q 2010 Jan-July mortgage 2%s series R 1961—.Jan-July AGreen Bay & West debentures ctfs A Feb A Debenture certificates B ! .-Feb & 92 104% Ry Co— General 96 91 ~4 98 14 118% 118% Mobile 793/4 104 112% 112 % 105Vi 103 93 182 99 Jan-July General 102 39 92 104% 4%s series D 1976 Jan-July mortgage 3%s series N 1990—Jan-July General mortgage 3VsS series O 2000 Jan-July 107% 99% 98% 89 Co— 1982 General ,103 - 943/4 2 140 100% *86 General 65% 115% 1163/4 98 98 — 96% 72% May-Nov /an-July —Mar-Sept Co first mtge 23/4s 1965—May-Nov Northern 89 Va 103 — 99% 101% 74 May-Nov 1972 1977 refunding 5s series A 1974—Mar-Sept & conv 59 1163/4 April-Ocf 96 104% 1041% 115% 1173/s 96 993/4 *72 % ApriZ-Oct 2015 Foods Corp 33/8s debs 1976 Realty & Utilities Corp— General 71% 65% 103 96% 92% *69% May-Nov 1976_Mar-Sept 1961 May-Nou Feb-Aug first Rubber mortgage 100 *95 Mar-Sept Jan-July 103 81 *102% 103 % ^June-Bec 4%s Coast and Worth 1st 98% *100 — 97% 93 —April-Oct inc & East General 104% *98% 100% — 5 25 95 3/8 *— Mar-Sept May-Nou 1958 debentures 2%s debentures tFlorida —Z *104% Jan-July —Jan-July May-Nov —ApriZ-Oct i—May-Nov May-Nov Am 1st mtge 3 Vis 1966 May-Nov fOQt.DOt.»» Firestone 137% 138 Va ' — ApriZ-Oct 1986 debs 1962 3 Vis — 99 *94 1964..April-Ocf 1990—Jan-July consol mtge 3Vbs series G 2000—Jan-July First consol mortgage 2s series H 1953—Mar-Sept Ohio Division first mortgage 3%s 1971—Mar-Sept 983/g 97% 138% „ApriZ-Oct Consolidated Natural Gas 2Vis 1968 Co 93 102% Power 3Vis debentures 1976 Consumers Power first mtge 2% 1975 Continental Baking 3s debentures 1965 Crane — 4 106 100% 100 % .May-Sept First consol mortgage 3%s series E First consol mtge 3%s series F 102% 102% 103% 103% 97% 91 99 Jan-July June-Dec 1982_ 1965 Great 3 93% *99 June-Bee (Bait)— T 1976—*—* f 2Vis 89% Co— 3%s 95 3/4 953/4 100% 1003/4 ___ Mar-Sept 1963 Consolidated Gas Co of Bait City-r General mortgage 4%s 1954— Consolidated Gas 1993 1976 lien stamped Goodrich ' May-Nov 1982 debentures 100% 100% April 1995 Southwestern General 94 2 103 *92% —L. May-Nou mtge 3s series E 1979—Jan-July mtge 3s ser F 1981 Feb-Aug M 3Vis Jan-July 1970 ser 4s Railroad . 91% 93 103 ser First and 3s April-Ocf mtge 23/4s First H 23/4s series I first gold & 97 95 91% 102% 102% 1982-Mar-Sept 1977_Apnl-Oct refund and Paso 913/4 99 % , 98 91% *92 — 95% fixed debentures 5s 100 % __ *99% Feb-Aug Consolidated Cigar Corp 3%s 1965 Consolidated Edison of New York- 1st & ref El 96 8 , 106% "102% — 963/4. 973/8 *102 . 95 95% 973/4 » Tenn Houston 3Vis First and 95 # Va & Georgia div first 5s 1956 May-Nou (N Y) first cons gold .5s 1995-Jan-July Elgin Joilet & Eastern Ry 3%s 1970 Mar-Sept 99% 94 „ Salitrera—See Anglo-Lautaro Nitrate First East C Gulf 5 98% 102% 104 99% 101% Feb-Aug 99 - __ 106 *97% *96 ApriZ-Oct and 105% 99% *95% — 83% 78% 983/4 fixed 1980 97% 101 *100 — —- *98 1979_Jan-JuZy Mar-Sept mortgage 85 Vb 64 *85 —— Aprii-Oct April-Oct f First and (3% 78 74 — *99% 1003/4 RR— 1st 95 95 68% 1 *77% April-Ocl 94 96% *96 — n 100% 5 *92 ~ Feb-Aug s and 83 May-Nov April-Ocf 1977.June-Bee 98 % 95 3/a 96 June-Bee s First 103 Va 98 % 98% 1970—May-Sept 1955—Feb-Aug 23/4s fund 83 May-Nov 1985 1979 1st L 83% 1980 Interest) series mtge 2V4s 3%s ser K Mack Collateral 2%s sink lOOVi 105 Vi 98% Feb-Aug April-Oct Compania Pwr 75 7 *104 June-Dec series 76% mortgage-2%s First mortgage 3s series N 1978 sinking fund debentures 1999 River 69 62 100% 100% 100% 1961—ApriZ-Oct First Conn 81 98% 95% June-Bee 4Vis Elec first ref ref Chemical Fort Mar-Sept 1975 C Ohio 82 General 1975— B 74% 82 May-Nov 96% 73% 1053/4 105% June-Dec Commonwealth Edison Co— 3s 8 98% -- June-Dec ser Toledo 72% *93% Inc— series 3%s 11 June-Bee 1966 3s — 62 80% Ry— 1985 System debentures series 96% 57 78 76% 101 June-Dec 1982 Gas 210 72% — June-Bee First mortgage 33/8s 1986 Cleveland Short Line first gtd Colorado Fuel & Iron Corp— Columbia 60% 92 76 Refunding and impt 4V2S series E 1977—Jan-July Cincinnati Wab & Mich Div 1st 4s 1991—Jan-July St Louis Division first coll trust 4s 1990—May-Nou Cleveland Electric Illuminating 3s 1970 Jan-July First 59% *95% — June-Dec 1993 First 63 99 *80 — Aprii-Oct —Jan-July gold 4s 19935s A (3% refund convertible Dow 99% 62 63 April Jan-July debentures Cincinnati 55V4 98 74% Jan-July Jan-July City Investing Co 4s debentures 1961 General 3s and 3%s debentures Corp 2%s 1959_— General 68% 99 mortgage gtd 3%s series E 1969—-Feb-Aug First mortgage 23/4s series G 1974— Feb-Aug Cleveland 82% 68% Lake— mortgage Erie 99 89% 7 89 79 Va 99% 100% 116 88% 97% 3 84 116 79 First City Ice & Fuel 23/4s General 91% 116 68% Jan-July debs 76% 17 88% Detroit Terminal & Tunnel 4%s 1961 Detroit Tol & Ironton RR 23/4s ser B 97% oi) 7/a 71% Duquesne Light Co 23/4s 1977 89 W% 88% 1985 B Detroit & 93% 97 71% 1973- 110% 88% 1999—April Jan-July Cincinnati Union Terminal— f A ser 3s 107% 97% 21 May 110% 96 99 1973—May-Nov 104 % *93 -- 1st coll trust mtge 4%s ser A 1982_.. May-Nov Cincinnati Gas & Elec 1st mtge 23/4s l975_Apni-Oct First mortgage 27/8s 1978 s C * Western series Salt ASecond 96 103 __ 98% May-Nov 1 2042 trust 23/4s contingent & 3s 2019—April mortgage 3 Vis series F 1963 First mortgage 27/8s series G 1963— Chicago & Western Indiana RR Co— Service Co 3s & & Gen __ 97 102 — 102% *97% 99 First inc 4Vis Jan conv series ser Light Grande Edison 112 Va 5 33% 106 *102 Edison El 111 2044 1 Detroit 104 Vi 116 April First Cities 122% 110 Jan-July Jan Jan & coll Income 102% — 34% 30% 94 10 ' 4 . May-Nov Income 23/4s-4%s 1994 Chicago Union Station— T Financial 100 Vi 11 89% Chicago Rock Island & Pacific RR— 1st mtge 2Vis ser A 1980— Jan-July Chicago Terre Haute & Southeastern Ry— First and refunding mtge 23/4S-4l/4S 1994_Jan-July C I 100 Denver 104% 104% 112% 112% Chicago & North Western Ry— Second 102 100 % -- Jan-July A & mortgage 101 May-Nov 1994 4Vis inc 5s contingent interest) 1993 mortgage series A (4%% contingent interest) 2018 102% 115% 106 35% 323/4 Co— 1% 96% 96 April mortgage 4 Vis inc ser A Jan 2003 April Chicago Indiana & Southern 4s 1956 Jan-July Chicago Milwaukee St Paul & Pacific RR— mortgage First 100 Va 97% 106 32% division & coll tr 4%s Rio & 2 „ 5 Division— Power mtge 11 *97% A 2nd mortgage 4s 1st 98 3/4 *111% 27% Div 1st AGeneral inc mtge 4Vis Jan I 2038 Chicago Indianapolis & Louisville Ry— A 1st mortgage 4s inc series A Jan 1983 General 68 99% 106 April Chicago & Erie 1st gold 5s 1982 Chicago Great Western 4s ser A 1988 First RR Western First mortgage and coll trust 3%s First mortgage and coll trust 2%s 54 Vi 98 M & mtge & coll tr 5s 1st mtge 99 — Feb-Aug 1997 5s 1st 84 111 RR— mortgage inc conv First mortgage 33/4s series B Pennsylvania 83 Vi 46% Western & Collateral trust 4-6s May 100 56 refund Essex April-Oct 1963 mortgage due 1993 & 98 3/4 —- Jan-July mtge 3s 1990 AGeneral Morris 1% *118% 119% 24 32 *95% June-Dec 1965 extended 4s Lackawanna and AIncome 103% 72 Hudson York 99% Mar-Sept Chicago & Eastern debentures Lackawanna New 98% refunding mortgage 3 Vis 1985—Feb-Aug refunding mortgage 27/8s 1970—Feb-Aug First and 2V4s Delaware 61% 100 *101 — 100 1996—Feb-Aug 1958 Co & 101 Va 100 V4 __ 35% 1 __ *98 —Feb-Aug AIncome *100% Jan-July gold 4s 1989 & Denver Chicago Burlington & Quincy RR— 4s QS 70% 52% Afar-Sept consolidated Deere 103 543/a M 3Vis series D 1996—May-Nou impt M 3Vis series E mortgage 3%s 1982 Dayton Union Ry 3%s series B 1965 100% 39 Feb-Aug 1965— 3s First 107% 103 63% Refund and impt M 3%s series H 1973—June-Dec & A div first consol gold 4s 1989 Jan-July General Q1 100% 62% R First and 104Vi 110 63% Feb-Aug 4Vis 1992 Refund Refund Second 99V4 100% May 32 33% 32 1 107Vi Delaware — (ctfs of deposit) High 20 1960 107% Co— refund 5s 105 % 100 Vi Jan-July April-Oct 1987 equipment Jan. 1 Low D *96 *80 2020 1 No. 24 *34 Dayton Power & Lt first mtge 2Vis 1975—April-Ocf First mortgage 3s 1978 Jan-July First mortgage 3s series A 1978 June-Dec First J— mortgage Central First N 33% — 109% 98% 9 24. Range Slnee Sold 33% deposit 107% 59 78% Bonds 97 99 78 32% 24 105 7/a 103% 61% High 32% 102 *— ^ Gen mortgage 4V2S series B Jan Central RR 34 acq Jan-July n 95 *101% 102 Corp of Delaware 100 % 100% Aprii-Oct •. 57 *107 61% ; 105 % 5 104% 104% 95 Carolina Clinchfield & Ohio 4s 1965 Mar-Sept Carthage & Adirondack Ry— First mortgage guaranteed 4s 1981——June-Dec Celanese Corp 3s debentures 1965 Aprii-Oct 3%s debentures 1976 2 106J/8 106% Jan-July 1960 A 108 3i 109 % *106% 107 Airlines Inc— debs 19 deposit and 96 95 __ 105 Vb 105% Ry— Guaranteed icates ADep rets 92 Range Friday's 1942— 5s Improvement 1976__June-Dec gtd 5s A 1962 first A Certif C California RR 01 gold 1952— ACertificats of deposit § A 7 Va s series A deposit receipts 1946 A Certificates of deposit. § A6s series B deposit receipts 1946 101 104 % 82 Vi Cuba Northern Ry first 5%s 81% 98 or Bid & Asked Low Cuba Vi Week's Last Sale Price High 94% 95 79 Friday BONDS New York Stock Exchange Low 103Vi *105 • 1 Jan. 1 Sold High 7 8 34 Aprii-Oct gtd 1960 ENDED AUGUST Range Since n03Vi 104% Biuiaio Rocnester & Bush Bonds Bid & Asked Low Brown WEEK Week's Range Last 88 107% 108% *101% 102 % 99 102% 29 ~ 87% 93 90 — 90 ' 1053/4. 110 101 103 29 The Commercial and Financial Chronicle ] 30 * # * Monday, August 4, 19521 (442) RECORD NEW YORK BOND RANGE FOR WEEK Friday Interest BONDS Period Exchange New York stock Last Sale Prlee A First 5s 107% New Orleans Great Nor 5s 61% New Orleans Terminal Co 61 92% 102% 94 5 24 102% 82 88 86 99% 101 ♦102 Jan-July 3%s 1978 3s 1980 IOS Central Jersey 2%s l976__Mar-Sept 93% Power & Light , 2 70% 14 85% 93'/8 1959 91% 86% 18% K Kanawha & Mich 1st mtge 4s 1990 City Power & Light 2%s 1976 mortgage 27/8s 1978 Kansas First 1st First *94% April-Oct 2%s 90% 98 104% 3%s series B 1968, June-Dec City Terminal Ry 23/4S 1074 Aprll-Oct Kentucky Central 1st mtge 4s 1987 Jan-July Kentucky & Indiana Terminal 4'/2s 1961—Jan-July Plain 1961 1961 unguaranteed 1961 Hoppers Co 1st mtge 3s 1964 {AKreuger & Toll 5s certificates 1959 101% 94'/a 96% 96% *47 y8 *100% 99% 101% 100 IOO — 99% 98 103 160 157 ♦160 101 'A 101% 16 99% 7/a 27 % % % 96% 47% 45 51 100% •100 103 105 104 7 104% 104% Jan-July Jan-July __Jan-July Aprll-Oct April-Oct Mar-Sept Kings County Elec Lt & Power 6s 1997 101% 105% 24 104 y4104% ♦103 mortgage Stamped is 99 Kansas 4'/2s 90 97% June-Dec June-Dec City Southern Ry 4s ser A 1975 Kansas 90 96 90 Aprfl-Oct June-Dec 1980 mortgage 102 1% L Lakefront «- First Dock RR 3%s 1968 A ser June-Dec 1997 Lehigh Coal & Navigation Co— Sinking fund mortgage 3'/2s ser A 1970_Aprll-Oct Lehigh Valley Coal Co— First & ref 5s stamped 1954 First & ref 5s stamped 1964 First mortgage 5s extended to Feb-Aug 1984 General consolidated mortgage Series A 4s fixed Series B 4'/2s 907/a 73% 74 8 65% 75% 77% 1 74% 83% 78% to Miami ALombard Long Island 1st (P) 3%s Co & First & 1979 mtge mtge Atl Knox & second Elec & mtge 3'/as 108% ♦110% 112 ♦98 88 100 •„ 101 101 *— 99 2003 F ser 27/8s ser G ser H 2003 Div ♦— 2003—.April-Oct April-Oct 1980 4s 93% April-Oct Mar-Sept May-Nov 1955 100% 102 89% 101% 98'/a 1982 77% 83% 95 86 93 103 99% 95% 87 102% 93 102% 103% 103% *— 103 mtge 2%s 1979—May-No® 86% 93% 100% 100% ♦90 94% 95 95 Feb-Aug ♦96% 86 1980 95% 98 44% 62 *— 94 93 96% 99% ♦95 97% 96% 97% 99% 91% Feb-Aug Refunding & impt 4y2s series C 1979 Jan-July Michigan Cons Gas first mtge 3'/2s 1969—Mar-Sept First mortgage 27/8s 1S69 Mar-Sept First mortgage 3%s 1969 __Mar-Sept 37As sinking fund debentures 1967 Jan-July }§AMidland of N J first ext 5s Minn St 1940 ioo 101 & Saulte St *102 % •102% *72% April-Oct 88 94% 19 104% 105 ♦93% April-Oct Mining & Mtg 23/4S 1967 Paul •— 104% 101% *__ 103 Va 93% — First mortgage 4%s inc series A General mortgage 4s lnc ser 1971 A Jan 1991 91% lien 5s series A 1990 — 71% 76% 40-year 4s series B 1962 Prior lien A Cum 4y2s series adjustment 5s {Missouri AFirst Pacific and RR D ser 1 91% 60'A 90% 103'/a 98 58 11 67 103 • — 20 104% 1978 A Jan 1967 1991 Ry 3y4s series B 1966 (John) & Co 3s debentures 1958 & Essex Construction first States first mortgage 2%s 1974 Feb-Aug 2%s 1975 —Aprll-Oct First mortgage First .mortgage 3s "mortgage 2%s 1st mortgage gtd 3y2s 2000 Bell Ohio Edison First 1st First Pacific First First First First First First 87 5 81% 91% First 89% 87'A 4 83% 25 79% 87'A 77 87% B 1955 1986 1978 3s series B 1986 First 1st & Gas mtge sy8s Supply 1982 2%t> 1974 —_ debentures First guaranteed 4y2s series B 3s debentures 1982 . debentures 77 60% 60% —— . — 98% *93% 87% —— —— May-No® & & debentures 114% 100% 104% 345 99% 117 3'As debentures 1978 25 100% 3'/8s debentures 1983—.— 118% 430 60 % 70'A 104 % 101'A 104% 57 100% 118% 104'A 100% 104'/2 555 100 117 y4 a64 *62% 68 64 61 ♦98 98 „ 58% 59'A 101 % 101 % 100 *89% May-Nov April-Oct 100'A 90% —- c 22 ' 1 > ,'V- . *.7 —— 65 100% 99% 100% - : 97 59% 101% 95% 100'A 56 * 89% 10O 91 101% 1974 1961 *91% __May-Nov 93 90 98 98% 95% 101 101% ♦99% 100 99% 100 *— 101 May-Nov 109% 109% April-Oct ♦97% Mar-Sept *„ Jersey Bell Telephone 3y8s 1988— Jan-July New Jersey Junction RR gtd first 4s 1986—Feb-Aug *80 100 % 102% 99% 101 — June-Deo 5 62% 61 95 99 91% —— 93% •93% 100% 80'A 88% —— *103% 1 100 Va 103% 93% 93% — — 96 3 92 96 7 J'A 6 71 76% 80 9 77% 81 69 68% 69 91 65% 69% 58 56% 58% 247 53'A 101% 101 '/a 8 100% 9% 187 3% 1 59% ~9% 8% 3% 3% 94 63% 64% 7% 3 1 3 104% 104% — 94 15 *72% 103 ♦102 *99% 93'A 97 74% 38 22 13 96% 100% 98 99% I03y4 101% 93% 3 95% 95y4 —-. 97 26 80 93% 6 102% *95 97 105% 73 25 *79 93'/a 4% 64% 38 43 23% 10% 97 72 76 *37 93% 61% 102 97 ya —— — — 136 136% 121'/a 121% ♦__ 107% 121 146 118 3 122% 7 107% 107 107% * 110% 106 72% ♦68 99 21 102% 101% *102% 104 111% 102% — 98% 73% 69'/a 99% 97 69% 33 106% 76 64% 73 94% 30 100 102 105 Va 103% 103% 6 104% 103% 104% 29 101% 105% 103% 103% 104% 43 102% 105% 94 95% 13 93% 96% 96 95% ♦II 96 93 97 101% 101% 101% *92% 95% 101% — 92 94 94% 93% 95% •100 ♦93% 100 98% 100% 21 94% 12 101 93% 96% 97 95% *92 % 93% 93% 96 95 96 96 100% 102% 101% 101% *103% 99% — gold 4%s 1955—Jan-July Airlines— A 3 '/2 s convertible inc debs Sept 1 1960—Aprll-Oct Pennsylvania Glass Sand 3%s I960. June-Dec Pennsylvania Power & Light Co— First mortgage 3s 1975 Aprll-Oct Pennsylvania RR— Consolidated sinking fund General 4'As 5s 4'As series series A B 4%s 1960 99% 100% General 98% 1965 1968 series D 1981— General 101% 20 109 111% 102 88 85 101 Va 103% 35 98% 101% 9 98% 101 y® 99% 99% 6 97% 100% 98% 98'A 98*% 15 97% 100% 99 98% 99 6 98% 100% 93 % 93 V* 3 91% *95% 96V* —— 95% 97% *11 98% 94% 100 97 97 103 103 *92% 94% 97 103% 96% —— 1 95% 9 102% 91 93 94% 3 93% 99 % 100 25 98 101% 102 99'A 10 100 100 105% 100 105% 105% *100 *101% — __ 102% 99% 98 103'A 94 y4 96% 101% 103 8 98% 7 104% 106% 99% 99% , , — __ 80'/8 *100 98% 5s series B 1974 gold 4(As series O 1977 Philadelphia Electric Co— First & refunding 2%s 1971 First & refunding 2%s 1987 First & refunding 2%s 1974 First & refunding 2%s 1981First & refunding 27As 1978—. 1st & ref M 3%s 1982—: 98% 80% — 78% 1 101 — 99% 2 108% 108% 9 108% June-Deo 100 y4 100'A 101 104 104% • 98 106% 96 104 28 —June-Deo April-Oct 90 iooy4100% — Feb-Asy 4y4s series E 1884——Jan-Jnly mortgage 3y8s series F 1985—-Jan-Jnly Peoples Gas Light & Coke Co— 1st & ref mtge 3%s ser H 1981 _June-DcO Peoria & Eastern first ,4s external 1960—Aprll-Oct A Income 4s April 1990 April Pere Marquette Ry 3%s series D 1980 Mar-Sept Philadelphia Baltimore & Wash RR Co— 98 97% 100% 98% 100% 103 — 99% 100 % 101 Paducah & Illinois 1st s f 100 100 90 98% 99% 100% 94% *94% Pennsylvania-Central 2 29 98% 101 91% 98% 99% 102% *101% 102% April-Oct 58 y4 96 97% 100 110 101% 101% 105 92'A 91% 92 y4 42 89% 95% 91% 91 91% 8 88'A 95 75 75% 5 74 General 98% 87% 58 56% — 75 Mar-Sept debentures General mortgage New — 1981 Mar-No® Pacific Western Oil 3 y2s debentures 1964—June-Deo 3'/2s General ♦101 Feb-Aug 98% 97 25 80 June-Deo Aprll-Oct Aprll-Oct Mar-Sept 1986 1987 ■ — 75 refunding debentures 100'A 61 75% 63 56 Electric Co— 101'/4 103'A ■ 70 8 80 refunding 3'/8s 59 60% 60% 78% 58% —— 60% - ~ Feb-Aug refunding 3s series J 1970 27/8s May-Nov 1967 Naugatuck RR first gold 4s 1954 New England Tel & Tel Co- 3s 1975 Mar-Sept April-Oct May-Nov 3'As series I 1966—June-Dec June-Dee 3s series K 1971—-June-Dec & refunding 3s series L 1974 June-Deo & refunding 3s series M 1979 June-Dee & refunding 3s series N 1977 June-Dee & refunding 2%s series P 1981 June-Deo & refunding 2%s series Q 1980—-June-Deo & refunding 3%s series R 1982 June-Deo & refunding series S 1983 June-Deo & refunding 2%s series T 1976—-June-Deo ref mtge 3%s ser U 1985 -June-Deo & & 117% — Ndtl Distillers Products 3Vas debs National Steel Corp— 1st 72 mortgage 3s 1979 mortgage 2%s 1980 93 Feb-Aug National Dairy Products 2%s debs 1970—June-Dec 3s debentures 1970 June-Dec 3 Vis debentures 1976 June-Deo National 1974 2%u 99% Chattanooga & St Louis— mortgage 27 -June-Deo May-Nov 3%s 1982Mar-Sept Oregon-Washington RR 3s series A 1960—Aprll-Oct 99% N Nashville 74% 1st mtge 94% 87'A & Electric Gas 3s 1975 1980 2%s mortgage Oklahoma 6 83 first mortgage mortgage 2%s General debentures 72 -June-Dec 1984 139 May-Nov mortgage 5s series A 1955_May-No® Construction mtge 4V2s series Mountain States Tel & Tel 2%s 3y«s 72% Telephone— 316 June-Dec 65% 71 1979 100 V8 103 Mar-Sept 103 60% 64% 71% Jan-Julf 1978 101% 104% 67'A 103 — 147 69 3'As 1982 debentures 2%s 63% 87 Feb-Aug June-Dec (Wisconsin) first mortgage 2%s 1977—April-Oct First mortgage 3s 1979 Mar-Sept First 62% Co— Power 104% 104% 104% 69 —Quar-Feb 2047 1 Jan 103 A 102 99% 100% ~~1 76'A —Quar-Jan 1997 3s Pacific Tel & Tel 2%s debentures 1985 5s series Monongahela Morris 1997- 4s lien (Minnesota) 98 83 — 1975 Mohawk & Malone first gtd 4s Morrell Northern 87% Co— refunding 4s lien registered 2047 Quar-Feb & improve 4%s ser A 2047—Jan-July Refunding & improve 5s series O 2047—Jan-July Refunding & improv 5s series D 2047—Jan-July Collateral trust 4y2s 1975 Mar-Sept 87 87'A 102 % 102% 95% — Co— mtge 5s Refunding 86'A ' 1965—Feb-Aug Mar-Sept AFirst and refunding 5s series F 1977—Mar-Sept AFirst and refunding 5s series G 1978__May-No® § A Convertible gold 5y2s series A 1949—May-Nov AFirst and refund gold 5s ser H 1980—April-Oct AFirst and refunding 5s series I 1981 Feb-Aug AGeneral 4s Western Ry first & registered 97% 86% Jan-July Jan-July Jan-July April-Oct 103'A *96% 101% 68% 107 4s First 100 91% ♦__ June-Dec 100'A 96% 75% Quar-Ju* Prior First 1962 103 99% 96% Missouri-Kansas-Texas RR— Prior 99 1 1 93% 100% 100% 101% 102% „ 73% 59% May May June-Dec 15 76'A 136 First A Jan 101% 101% 105 Marie- Mission Corp 3%s s f debs 1966 Missouri Kansas & Texas first 4s 101% 69 convertible inc 2014_Aprll-Oct gold 4s 1996—Aprll-Oct Northern Central general & ref 5s 1974—Mar-Sept General & refunding 4yas ser A 1974—Mar-Sept Northern Pacific Ry— ^ : AGeneral First ♦100 Michigan Central— Minnesota 1954 May-Nov {AN Y Ontario & West ref 4s June 1992—Mar-Sept AGeneral 4s 1955 -June-Deo N Y Power & Light first mtge 2%s 1975—Mur-Seot N Y & Putnam first consol gtd 4s 1993—Aprll-Oct N Y State Electric & Gas 2%s 1977 -Jan-July N Y Steam Corp first 3y2s 1963 Jan-July {N Y Susquehanna & Western RR— § AFirst refunding 5s 1937 Jan-July § A Second gold 4y2S 1937 Feb-Aug § AGeneral gold 5s 1940 Feb-Aug §ATerminal first gold 5s 1943— May-Nov N Y Telephone 2% series D 1982 Jan-July Refunding mortgage 3y8s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981—Jan-July Niagara Mohawk Power Corp— General mortgage 2%s 1980 Jan-July General mortgage 2%s 1980— Aprll-Oct First April-Ocf 105 99% 50% Michigan Bell Telephone Co— debentures 1988 101 100% 98% 99 *43 Va May Dept Stores 2%s debentures 1972 Jan-July Mead Corp first mortgage 3s 1966 June-Deo Metropolitan Edison first mtge 27/8s 1974—May-No® 96% 1 4 86 *98 % 100 May-Nov 2%s 98% 78 »A — *98% Manati Sugar 4s sinking fund Feb 1 1957—May-No® Manila RR (Southern Lines) 4s 1959 mortgage 96% 86 96% 105 i High & Port Chester— mortgage Northwestern Macy (R H) & Co 2%s debentures 1972 May-Nov Maine Central RR 4%s series A 1960 June-Dec First mortgage & con 4s series B 1954—_June-Dec 3 Vis mtge 4s ser A 2007—Jan-J«lf AGeneral mtge conv inc 4%s series A 2022—May & refunding First Norfolk Southern Ry 110 Low & Hartford RR— Y New Haven Norfolk M First registered 1997 Jan-July collateral gold 3%s 1998—Feb-Aug 3y2s registered 1998 Feb-Aug Michigan Cent collateral gold 8%s 1998-Feb-Aug 3 y2s registered 1998 Feb-Aug New York Chicago & St Louis— Refunding mortgage 3yis series 1 1980_June-Dec First mortgage 3s series F 1986 —April-Oct N Y Connecting RR 2%s series B 1975—Aprll-Oef N Y & Harlem gold 3Vis 2000 May-Nov Mortgage 4s series A 2043 Jan-Julf Mortgage 4s series B 2043 Jan-July N Y Lack & West 4s series A 1973 May-Nov 4 Vas series B 1973 May-KOV Shore 86% 85% Jan No. 100% 100% * 3 Vzs Lake N 105 — 4s 66% 73% 78% 103% 104% 104% April-Oct l»63 3%s 1st series A 1998 Feb-Aug Refunding & impt 4yas series A 2013—Aprll-Oct Refunding & impt 5s series O 2013 Aprll-OcS N Y Central & Hudson River RR—• General mortgage 3'As 1997 Jan-Jalf General June-Dec 1976 gold 3s Cincinnati Gas 85% 12 92 Va — 63'A deposit Range Slnee Bout IOO'A 100'A ~ 3s D mtge 3%s refund 1st 67% 75 Mar-Sept refund Louisville 61% RR— FJrst Div 58 11 June-Dec 1976 First & & 22 69 92 May-No® 1952 62% ♦73% May Aprll-Oc< April-Oct 1962 A 86 62% 69 62% May May Co— ser Nashville refund St Louis series series debentures 3a debentures Louisville 4s 7s Lighting mortgage LorUlard 3s general Electric ♦85 Va May-Nov Lexington & Eastern Ry first 5s 1965 Little 80% 77'A contingent interest 2003 Series F 5s contingent interest 2003 Lehigh Valley Terminal Ry— extended 80% 10 89% 94% 73% contingent Interest, 2003 5s 81% 14 92 77% 4 Vis mortgage 90% 90 May-Nov ; fixed interest 2003 First 86 "4 89 May-Nov Series C 5s E 87 88% 87% 93% 100% bonds— Interest 2003 fixed interest 2003 Series D 4s Series 88% 1 93 89% Jan-July II 100 Va *89 87% 87% 76 93% 93% Feb-Aug Lehigh Valley Railway Co iN Y)— First mortgage 4s extended to 1974 Lehigh Valley RR— 79% 11 87 84 ♦100 Feb-Aug Feb-Aug First & ref 5s stamped 1974 Lehigh Valley Harbor Term Ry— 86% *81% 86% June-Dec Feb-lsy High Bends 103% 103% 101% —— Feb-Auy Range Friday's York Central RR Co— First & Mich South gold 3'/2s 1997—June-Dec registered — 102 % Harlem River Terminal— mtge sink fund I Lake Shore 3Vis & 5s Consolidated 85% 4s or Bid A Asked *96% 105 April-Oct New June-Deo Franklin & Clear 1st Jamestown series C a Certificates of AFirst 4V2S series a Certificates of AFirst 5 %s series a Certificates of 100% J deposit 1956 deposit D 1956 deposit A 1954 Certificates of a AFirst 100% Mar -Sep* 1974 Power & Light 3s A 1983 —Jan-July 1st gtd 4s 1953-Jan-Jsiy {New Orleans Texas & Mexico Ry— AFirst 5s series B 1854 Aprfi-Oot Co— Power mortgage 96% 95% ♦100 Price High 95 95 ♦82 Week's Last Low LOW 140 57 95 Jan-July gold 5s series C 1956 Jan-July Central America 1st 5s B 1972—May-Nov Interstate Oil Pipe Line Co— 3 Viss s f debentures series A 1977 Mar-Sept 1st Jan. 1 Period Stock Exchange 33 High 53% 57 AFirst 1st mortgage New York No. 98% 102 Jan-July Aprll-Oct 1952 Inter Rys Interstate Bang* Sine* Sold Bid & Asked Interest BONDS New Jersey {International Great Northern RR— A First 6s series A 1952 6s series A July series B 1956 Bonds Friday's •r fc.h.1 Friday Week's Range Low ^Adjustments ENDED AUGUST 1 104% 105 84 *49 98% 98% 84% 50% 103% 11 76 6 81% 106% 84% 41% 98% * 50% 97% 100% _Feb-Aug 107 107 107 113 Jan-July 103 103 103 106 June-Dec May-Nov May-No® June-Dee —Feb-Aug Jan-Julf 95% 98% 97% 98 27 96% 99 V* 96% 97 10 94 98 ♦97% 100 — — ♦96 *97% 103% 94% 100 97% 98% 103% 103% 13 102% 97 98% 103% » Volume 176 Number 5139 % . The Commercial and Financial Chronicle . (443) NEW YORK BOND RECORD RANGE FOR WEEK ENDED AUGUST 1 Friday Week's Range BONDS Interest Last New York Stock Exchange Period Sale Price • or Friday's Low lAPhlllppine Ry f ACertificates 1st of sink fund 4s 1937—Jan-Juiy 10% deposit Pittsburgh Cincinnati Chic Consolidated gUTanteed F Coke Chem 1st 1957—May-Nov H ser mtge Pittsburgh Consolidation 3Vis debentures 1 ser 103% I960—Feb-Aug 1963_Feb-Attg 3 Vis 1964 ♦102% 1965 mortgage 4Vis series B 1959 1960 First 5s general First series 5s general B series 4Vis D 94%' 1 93 1 89% 93 1 88% 94 Co June-Deo 1—< O <31 1 1 5 Vis Income 88 1 1 106 — First mortgage Providence 2%s Terminal 1984 4s 1956 Service Electric & Gas debentures 1963 First and First and First and 98% II May-Nou 100 99 100% 8 99% 101% 1 „ 101 % — 100 102% 102% 130 132 7 *202 irn U 132 202 100% 100% —— 96% 1 202% 96% 100 California 2%s debentures debs 1970 Oats 2%s debentures 1964 Jan-July *97% — 98% — 1972 1976 S Rubber 85% General mortgage 4Vis series D 1977—Mar-Sepl mortgage 3%s series J 1969 Mar-Sept General 85% 18 80% 99% 99% 1 98% 99% ~3 99% 99% 89 St Lawrence & Adlrond'k Second St gold 6s 1971 1st Mar-Sept gold 5s 96 1996_Jan-Juiy 1996 Rocky Mt ft P 5s stamped St Louis-San Francisco Ry Co— 98 *70% April-Ocl Louis 94 72% 1955—Jan-July — St 99% Louis-Southwestern Ry— First 4s bond certificates 1989 May-No® Second 4s inc bond certificates Nov 1989_Jan-July St Paul & Duluth first cons gold 4s 1968-June-Deo St Paul Union Depot 3Vis B 1971 4s Seagram (Jos E) ft Sons 2%s 3s debentures Service Shell Pipe Oil f s debs debentures & North Ala RR gtd 5s 1982 ♦101 100 7s Southern Pacific First 4Vis Gold 4Vis 4Vis Southern *100 *98 93% 1994 Ry Lines) 93% 93% 67 v 5 ' 95% 31% 36 99% 94% 91% 113 114% and Devel and 99% 99% 97% 101% *92% 93% 91% *93% 95% 93% 94% 95% 4 74% 81 79 ~ A 1977 79 Mar-Sept consol general 4s gold series 101% 102% 17 98% 103 101% 102% 105 96% 103% Map-Nov April-Oct ser 160 __ 5s A 1994 1956 Swift Co 2%s debentures debentures 1973 debentures 82% 89 75 83% 95% 92% 116 % 116 116% 11 100% 100 100% 105% 107 57 98% 23 103% April-Oct 108 107 108 95 Vi 94 10 '101% 98% 1 96% 98% 108 % 108% 211 105% 109% 95% 100% *97% 90 12 86 91% 97% __ *103 94% 96 98 103% 103% 94% 94% *104% 105 10 92 *93 *98% 104% 2 89% 91% 95 93% 98% 98 — 105% 1017/a —. — 103% 104% 98% 90% 94% 102% 61 93 — 90% — 116% 118 48 109% 120% 20 108 117 102 102 101 102 115 *102 102% *102 «... 103% — 95% 95% 84% 8 —»' 96% 99% 100 96% / . 96% 104% 97% ——. —— 104% 104% *98'A 105 95% 95% «... 10 104 97 —- 94 98 V* 95 V* 95% 7 91% 94% 100% 100% 11 82% 96% 100 1 103 3 Vis 1976 -April' April *78% «... Feb-Nov Map-Nov 1 83 80 79 107 98 ' 59 *__ —« Petroleum debs first Corp— (subord) 1966 ref gtd gold 3 Vis 1966 guaranteed 4s registered 2361 2361 Gen mtge 4%s series B Western Pacific RR Co— 1st & ref Western mtge 3%s Union 30-year 5s ser 1976 A 1981 — 99% wmim — 61% 60% 100% 102% — .Jan-July — 80 99 76 — 85 12 103% "l 104V. 109 52 58 . —• 104% 104% Jan-July Jan-July Jan-July April-Ocl April-Oct May-Nov 78% 11V* 94 6 97% *51 73% _ 80 *95% 99% 3 105% 105% 8 *102 105% 99% ■ 997/a 100 102% 104% 107 61 % 62 60% 60% 42 57% 100% 100% 19 100% 101 16 100% 103 103% 106 52 102% 102% *104% 105% *97% — — — , 62 V* 68 V* 60% 98 09% Telegraph Co— 1960 102% —Mar-Sept 101% 102% 41 103% 100% Westinghouse Electric Corp— 2%s debentures 1971 First mortgage 3 Vis series D 3 Vis debentures 1965 Wilson & Co first mortgage 3s Winston-Salem S B first 1967 1958 1960 4s I Wisconsin Central Ry— § A First general 4s 1940 A Certificates of §ASu & Du div First Wisconsin of Electric mortgage Public *99% 96% 93% 100 99% 104% 95 95% *__ 93% 100% 99% 101 98% 99% __ 104% 104% 103% 101% 101% 100% 102% 102 105 ♦102% Jan-July — — 79% 79% 5 63 66% 34 105% 78 85% 59% 71 deposit and term Certificates Wisconsin *__ Mar-Sepl Mar-Sept Mar-Sept Jan-July May -Nov -Aprii-Oct Jan-July Wheeling ft Lake Erie RR 2%s A 1992 Wheeling Steel 3Vis series C 1970 first 4s 63% 1936—Map-Nov deposit Power 2%s 62% 2%s 1976— June-Deo 1979 Service — 62% 62% 1 59% 62% 93% 93% 7 92% 94% 100% 100% ~2 98% 102% Mar-Sept 3%s 1971 II Jan-July 107 105 '/a 108 108 92% 101 98% 89% *97% 101 100% Yonkers 96 102% a Electric Light ft Power 2%s 1976-Jan-July Deferred Included in delivery sale the not included in 94% the year's range, d Ex-interest, e Odd-lot sal® not n Under-the-rule sale not Included in the year's range, r Cash sale year's range, the year's range, 64 ~4 60 66% not 93% 20 90% 64% 97% 97% 64 93% 64 97% 10 96% 99% §Negotiability Impaired by maturity. iCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 the Bankruptcy Act, or securities assumed by such companies. tFriday's bid and asked prices; no sales being transacted during current week. Jan-July Jan-July *95 96% 95 96% *94% 98 95 96 May-No® 1972 ser debentures conv RR 118 102 8 '104% 109 93% 109% 96 98% 106 A 89 82 94% 7 — Map-Nov C 1973_Aprll-Ocl Western Maryland first mortgage 4s 1952 Gen mtge 4%s-4s series A 1969 99 •105% Jan-July April-Ocl Map-Nov 1966 101 160 98 89 ASpokane Internatl first gold 4Vis 2013 April Oil (N J) debentures 2%s 1971—Map-Nov 23/«s debentures 1974 Jan-July 2%s 92% 116 82 6 Standard Oil 161 Jan-July ApriZ-Oct 1983 Sunray 41 154 % 160 *100 ApriZ-Oct 1956 1956 general 6Vis series A 99% 100 V* —— Jan-July Jan-July Jan-July Memphis Div first gold 5s 1996 Southwestern Bell Tel 2%s debs 1985 debentures 102% 102 A '75_June-Deo 1960 1st mtge 3%s RR Co— general 6s series A Corp 2 Map-Nov debentures first and Devel & 99% 113% 113% — Jan-July 1981 Pacific Devel 2Vis 80 —— 100% 92% 97% 94% 49% 97% 100% 101 94% *32 94V4 97% 11 95% 92 3 97% 95% 98% 96 89% ApriZ-Oct West Penn Power 3%s series I West Shore first 4s 102% 92% 94% 947/a 121% 90% Jan-July mortgage 27/as series E 1986 mortgage 2%s series F 1996 mortgage 2 Vis series G 1961 Southern 3 Vis 120 97% June-Deo 1969 convertible First 1 Co— (Oregon San Fran Term First 100% 94% 95 96 2000—Feb-Aug Washington Terminal 2%s series A 1970 Feb-Aug Westchester Lighting gen mtge 3Vis 1967—Jan-July General mortgage 3s guaranteed 1979 Map-Nov West Penn. Electric 3%s 1974 May-No® 102% 467 Co conv Warren 100 *95 April-Ocl 94% 100 100 120% 120% 102 ApriZ-Oct 1963 ■ 2 —- 104% 107 ' 4 *77 3Vis 112 Feb-Aug debentures 1987 Southern Indiana Ry 2%s First B.rTT 1 —-. 99% April-Oct Warren 110% 101% 102% — May Map-Nov 1941—Feb-Auy Jan-July 27/es 3s 102 Walworth 88 78 8 100'/a 100% Southern Bell Telephone ft Telegraph Co.— 3s debentures 1979 Jan-July 2%s debentures 1985 Gold 33 100% W ' *98 ApriZ-Oct 1971 tSASllesian-Amer Corp coll trust Skelly Oil 2%s debentures 1965 Socony-Vacuum Oil 2Vis 1976 South 86 June-Deo 3.20s 2 Vis 25 June-Dec 1974 Line Union 1966 83% 100% 1989—May-No® AGeneral mtge 4Vis series A Jan 2016 1st mtge 3s series B 1980 99% lliy4 111% __ April-Ocl Scioto V & New England 1st gtd Seaboard Air Line RR Co— 98% 86 97 114 Gen mtge 4s income series A Jan 1981 Gen mtge Income 4 Vis series B Jan 1991 First mortgage 3%s series B 1971 1st mortgage 4s series A 1997 Jan-July ASecond mtge lnc 4 Vis series A Jan 2022 May 98 Wabash RR Co— 107 91% — 22 05 4 104% 104% 108% 1955—Feb-Aug May-Nov First consolidated 5s 1958 77 104% — 61% 15% *95 ApriZ-Oct 72 75 __ 48% 29 —— Mar-Sept 96 68% *77 97 102 —— 1st mortgage & refund 3%s ser I 1981_June-Deo Virginia & Southwest first gtd 5s 2003 Jan-JuZy First lien and ref mtge 3%s series A 100% 18% Aprll-Oct Virginian Ry 3s series B 1995 Saguenay Power 3s 95% 57 First and refund mtge 2%s ser E 1975—Mar-Sept First and refund mtge 3s series F 1978—Mar-Sept First and refund mtge 2%s ser G 1979—June-Dec First and ref mtge 2%s ser H 1980 Mar-Sept 100% 99% — 100 18 99% Jan-July Jan-July Feb-Aug April-Oct 2%s sinking fund series B 1957 Virginia Electric & Power Co— " 104% 54% Feb-Aug 3%is 1965 (called Aug 1) Vandalia RR consol gtd 4s series A 99% R Reading Co first ft ref 3Vis series D 1995—Map-Nov (R J) Tobacco 3s debs 1973 Aprii-Oct Rochester Gas & Electric Corp— 99 —. Map-Nov Consol Reynolds 3 98 97% ■ 103 % — June-Deo Vanadium Corp of America— 3 %s conv debs 1965 Quaker 07 124% 101% 95% 10 of debentures 1967 2%s debentures 1967 Universal Pictures 3%s debentures 1959 104 126% ■ —— 98 88% 117 *96% 100 Map-Nov June-Deo 1st mtge & coll trust 3%s 1971 1st mtge & coll trust 3%s 1972 ' r. 94 2 97 Refunding mortgage 2%s series C 1991_Mar-Sept United Biscuit Co of America 2%s 1966—ApriZ-Oct 3%s debentures 1977 Mar-Sept United Gas Corp 2%s 1970 «... ♦100 % — 94 2%s 96 Co— refunding mortgage 3Vis 1968_Jan-July refunding mortgage 5s 2037—Jan-Julg refunding mortgage 8s 2037—June-Dec refunding mortgage 3s 1972—Afap-Nov refunding mortgage 27/as 1979_June-Deo and First II 95% 18% Mar-Sept mtge & coll tr 2%s 1980 3%s conv debs (subord) Union Pacific RR— 101% 96 — *94 Mar-Sept Public and ♦98% May-Not 98 56% June-Deo debentures 1968 1st 106% 100 96. 00 101% 102% *__ Jan-July Aprll-Oct Map-Nov 1975_ApriZ-Oct Union Oil ♦__ — 116% 04 33 103 Union Electric Co of Missouri 3%s 1971 First mortgage and coll trust 2%s 1 II ♦101% Pipe Line 2%s 1970 *— June-Deo 95% -- debentures 1964—Jan-July Mar-Sepi Potomac Elec Power 1st mtge 3 Vis 1977 Feb-Aug First mortgage 3s 1983 Jan-July Plantation 3s 1 114 102% U 94 93 • Ei§h 102% — Pittston First 101% 32 93 June-Deo 1977 101% Tel & Ohio Cent ref and Impt 3%s 1960 Tri-Continental Corp 2%s debs 1961 94% — Um 124% 124% 1985—Jan-July 101% 1 i Jan. 1 No. 98% 102 *95 June-Dec Term RR of New Orleans 3%s 1974 IThird Ave Ry first refunding 4s 1960 A Adjustment Income 5s Jan 1960 85 — Feb-Aug 1974 series 104 76% 102 y8 *96 102 1670_Apri!-Oot l990_ApriZ-Oct 100 „* 3s 1962 C 100 103 __ Aprii-Oct general General and refund M 3%s ser E Texas Pacific-Missouri Pacific— 100 Pittsburgh Youngstown ft Ashtabula Ry— First 104 84% 102 — ApriJ-Oct mortgage 4Vis series C 100 1 10 June-Dec First 107 107% First and refund M 3%s series B First and refund M 3%a series C Texas & Pacific first gold 5s 2000 100% 100% Jan-Julf April-Oct First 104 101 % 101 % Coal— Range Sine# Seld 115% 115% -April-Ocl -Map-Nov 104% __ ♦79% 101% 101% 5 „Jan-July Texas Corp 3s debentures 1965 Texas & New Orleans RR— 104 % __ ♦102% . Refund and impt M 4s series C 2019. Refund and impt 2%s series D 1985_. 97 100 ~6 102% 102% — Bonds High Terminal RR Assn of Bt Louis— 100% 95% 101 107% 107% 101% Friday's Low 10% 98% __ ♦107% — May-No® Pittsurgh Plate Glass 3s debs 1967 Pittsburgh & West Virginia Ry— First mortgage 4Vis series A 1958 ^ 9 ♦101% 103% 103% or Bid ft Asked 11% __ G ser guaranteed iVfes & 9% 42 99% Week's Range Last Bala Price High 13 — 1953~June-D«o Consolidated guaranteed 4%s ser J 1964_May-Nov Pittsburgh Cine Chicago ft St Louis RR— General mortgage 5s series A 1970 June-Dee General mortgage 5s series B 1975 Aprii-Oct General mortgage 3%s series E 1975 Aprll-Oct Pittsb LOW Louis Ry— ser Consolidated guaranteed 4s Consolidated guaranteed 4s Consolidated — Period — ft St 4s Interest New York Stock Exchange 9% 99 .— BONDS Jan. 1 No. 10% *9% _ Phillips Petroleum 2%s debentures 1964 Feb-Aug Plttsbgh Bessemer & Lake Erie 2%s 1996_June-Deo Range Since Sold High 10% Friday Bonds Bid & Asked 98 98 98 99% included A Bonds In y Ex-coupon. w selling flat. NEW YORK CURB EXCHANGE WEEKLY In the following extensive list July 28, 1952 and ending on we furnish Friday, Aug. AND YEARLY RECORD a complete report of the transactions on the New York Cuj-b Exchange for the week beginning Monday, 1, 1952, Saturday, July 26 being a holiday. It is compiled from the report of the Curb Exchange itself and or bond, in which any dealings have occurred during the current year. intended to include every security whether stock RANGE FOR WEEK ENDED Friday Exchange Week's Range for Week of Prices Shares Par ABC Vending ACF-Brill Corp Motors Acme Aluminum Acme Wire Co Adam Hat 1 warrants l7/8 Ainsworth High Low 6% Mar 7% Jan 1% l7/a 4,000 1% 2% Apr 1 26% 3% 3% 600 3% 3% 800 11% 11% 8% 8% 1 6% 3% 6% 6% Jun 9% Jan Alabama Power 4.20% 23% Jun 27% Feb Alaska Inc ,3% Apr footnotes common (N J) see page 5 1 3 35. 8% 11 10% 11 1,000 3% Mar All 4% Alles .9% Feb 11 % Feb 13% Jan Allied 9"% Jun Altes 11% Apr Altofer Eros , ' 300 • 700 Airlines w3% May 7 '* 9% vMay Feb 9% Feb Feb for Week Shares American Allied 10% 10% 98 Low 98 96 900 50 89% Mar High 13% May 98 Jun 99% Apr 96% 50 89 % Jan 5% 5% 1,600 5 Vi Jun 8 2% 2% 2% 1,500 2 Jun 3% Jan 6% Internat Investing cap stk. Products (Mich) common Jan 96 % Jan 87/a Feb Jun 37/a Jan May Jun 26 Vb common Brewing Co 6% 5% preferred— Airway Inc Fisher Range Slnee Jan. 1 High 10% Alabama Great Southern— 6% 100 • Appliance i- Inc Sales Range Sale Price Lot® Airfleets 900 27 , Manufacturing Electric Feb Week's of Prices Last Exchange High 1,100 1 Inc New York Curb 7 10 Air Associates Inc For Friday STOCKS Range Since Jan. 1 67/8 Alloys Aero Supply Manufacturing Agnew Surpass Shoe Stores Air-Way Low 7 common Stores 1 Sales Last Sale Price STOCKS New York Curb AUGUST 3% 3% 91 common— "5% 1 2% 3% 21 2% 100 150 1,400 — 3 Va 22 2% 10 Feb Jan Jan 3 Jan 15 July 31 Financial Chronicle The Commercial and 32 . . . Monday, August 4, 1952 (444) CURB EXCHANGE NEW YORK AUGUST I WEEK ENDED RANGE FOR Salea Friday Friday Last STOCKS Range Aluminum Aluminum Industries common.-., 5% Air Filter Amer • JAmerican Bantam Car Co claw A American common Beverage American Book Hard Rubber Co American Meter American Seal-Kap American Thread American Writing Lead Anacon preferred 5% Paper 1 Mar 1% 44 July 46 % Jun 12 Jun 16% Apr 25 350 24 Jun Jan 27% 22% Jan 20% 6% Jan Jan 8% Mar 24% Jan 27% May 30 Jan 35 33% Apr 40 Jan Apr 40% Jan 6% 6% 6% 4,200 25% 25% 500 32 32 39% 37 39% 40 38 40% 3,200 33 64% 65% 1,900 50% May 69% July 16% July 22% Jan Jan 4 % Jan 11% Jan 75 925 4% 1,400 May 4% 4% 10% 10% 200 10% May 3% 4,800 2% May 3 3i« 3ft 9 8% 9 10 7% 1 — Jun 25% -1 Co Inc common- Augerman Feb 1% 24% 25 >• Ltd Mines Anchor Post Products 18 50 6 7% • common July 200 S 1 common Feb 1 1,200 10 Republics 16 12% 1% 400 8% Jun 2,700 5% Apr j| Jun Feb 7% Aug Maine Central " Co Corp common Manufacturing com Chicago Rivet & Machine Chief Consolidated Mining—__: Chesebrough Wire Circle Anglo-Iranian Oil Co Ltd— American dep rets ord reg 1 ~7% 1 Co__ Appalachian Elec Power 4%% pfd—100 Argus Cameras Arkansas Common Gas class Arkansas & Power Light $7 pfd Armstrong Rubber Co class A 4%% convertible preferred Aro Equipment Aspinook Jan Jun 4% Feb 8% Jan Jan 108% Apr 101 350 6% 1,900 5% 15% 14% 1,800 16% 16% 3,400 10% 10% 400 20% 22 48 48% Jun Feb Jun 20 Jun 25% Jan 44% 150 115% Jun 56 Jan 13 VB Corp 11% July Jan 10% Jan 113% Mar 3,600 22 Jan 15% 17 Apr . 14% 16% 10% 48% 6% Jan 13% 12% 13% 1,500 11 17% 18% 800 16 13% May 19% July July 18% Corp (The) 13% •7% May 700 7% 106 6 15'A • It • • 80 SAO non-voting A preferred 6% 100 7% 6% • common 3% Jun 3% 2,300 105 105% 1 Inc Natural 9% 3% .3.40 shares "A" Angostura-Wupperman Apex-Elec Manufacturing 8 8% 9% 15% July 13% Mar 500 14% 14% July Controller Industries— Electric American dep rets Associated Laundries Associated Tel reg. Atlantic Coast Atlantic Coast of Steel Automatic Voting Machine Products 1 Inc^ 13% Feb 2 % Jun Jan 6% 4,900 2% Jan 114% Jun . 8% Mar Jan 4,800 13% July 20% Jan 5 100 4% July 6% Feb 9 Jan Jan 8 e i 300 15% 15% Ayshire Colleries Corp common July 100 14 5 — Jan 77 100 V/b 6% 13% 1 Automatic 300 2% 111 109 6% Atlas Corp warrants Atlas Plywood Corp Jan 1% 66 110 98 2% 1 — ***" 9% U July 100 97% • A Fisheries Line "ti America—^ class Tel & 7% Mar -- Shoe Machinery— 18% Mar 15% July ext Vtc Consolidated B A Baldwin Rubber common Baldwin Securities los de Banco American Basic Lt & (L) (A Si Beckman 8% 8% 20 7 common Watch Benson & 35,900 11% 11% 900 11% common Co Inc 400 14% 15 12 12 12% 5,000 4 4 4% 2,100 a 16% Mar 5% 5% Mar Jan 15% 13% May Feb July 12% July 2% Mar 4% July 12 Apr 39 Feb 8% May 12 Jun 35% 37% 1,000 11% 12 1,400 25% 24 25% 1,150 20% Jan 25% Aug 10% 10% 300 9% Jan 12 j 15% 15% 15% _9% 75 10% 10% 200 16% 17 900 • common- 17 • common cumulative preferr«d_100 Borne Scrymser Co | 5% 5 1. Traction Lt & ,• ord Breeze Corp common Bridgeport Gas Light Co Jan 11% 11% 6% • 3% 3,800 900 25 5% Feb Jun 13 Vb Feb Jan 9% Apr Jan Mar 23 Jan 25 18% 23% Jun 21% Mar ' Brillo ■' Manufatcuring Co common—.* Class A British 31% Oil Co 23 • y4 32 22 % • American / —. 23% 70 8,000 Mar x32 30% Mar Feb x20% Gold & Petroleum Crown Internat'l Drug Co 26% Apr Atlantic Cuban Tobacco dep dep rets ord reg British Celanese Ltd— Amer dep British rets ord Columbia Class $3 class 4% , Curtis Brown Rubber Bruce (EL) Bruck Mills —I* American 50 30 10% 1,400 10 __ 50 100 50 1 11% 11% 5% 5% 1 11% 11% 6 • Jan 7% 700 11 % 11% 700 23V4 1,000 16% 900 May 112% Burry Biscuit Corp Inc Dayton Rubber Co class A . Dejay Stores common Dennison 8% Mfg class A common 10% Jun 29 Jan 6% 4% 5 Vb Jan Jan 14 Detroit Devoe Distillers Jan 31% May 38% Jan 800 13% 8,300 8% Apr 3% 1,800 3 Apr 3% Jun 59% 1% 8% 18% 800 52 Apr 59% Jan 6% Jun Apr 17% Jan 13 % Mar 21% 5% Jan 800 1% July 2% Mar 700 7% Feb 8% Juiy 300 12% Jan 18 % July 9% 800 Jun 9% Feb 13% 1.300 10% May 14% Jan 2,200 11% Jan 14% July % Jun 14% 39 8 — 15,700 32% May 7% Jan Feb 2 42% 16 Feb July 15% 4,100 7% 600 7% Jun 1% 900 I Apr 1% Feb 5 100 3% Jan 5% Apr 19% May 28 Vs Feb 44 Feb 600 23% 8% July 8% July "% 8% 1,300 Apr 12 Vb Jan Apr 11 % Jan % Jan 2,900 8% 8% 100 ; 8 Jan % Mar 9% Apr 7 % 300 6% Jan 7% July 17 17% 700 15% Jan 17 Vb July 20% 22% 12,300 May 4% Apr 77% 78% 6,100 72% Jan 81% Jan % 2,800 ti Feb 1% 2,500 IVb 18 % May 4 % 1% 7% % 1% — _ 1% July — 100 6% Feb 12 700 II Vb Jun 13% 1% 23% — • .•••; 12 — 13% 100 1,000 2 400 23% 22% Mar 1 Vb Mar 3Va Jan 7% Jan 15 Jan 12% May 13 % Jun 1% July 2% Jan 12 Feb 135 23 % Jan 29% Feb Feb 200 6,600 12% July 17 Va Apr 300 15% Mar 20 % Apr 13 16% 13% 6% 6% 5% 5% 1,500 5% J'-.n 6% 2% 2% 100 2 % Jun 3U —"13% 6% 17 50 6% Feb 12 % July Jun 30 30 30 6% 16% 16% Feb 7 14% Jan 30 7 200 16% 800 Jun 28 6% Jan 13% Mar Mar 35 33 Jan Jan Mar 7 % Feb 16% July Feb 145 138 2 1% 500 2 July 13 1 Feb 13% 1% May 3% Aug 4% Feb Jan 2% Mar —1 10 1 2% 3V4 3% 28% 28% 28% 100 25 May 28% Jan 12 12 200 12 Apr 13% Jan —25c ~3% 2^ Mar 3% Apr 2% Jan class B Ltd 2% 1,400 3% 46,350 2Vb 4,000 2'/b -4s— 2 Mar 9% Bridge Dominion Steel 8% 17% Co Co com. 100 8% Jun 11% ,_1'V - 25% 1—■: 6 __ Corp 9% 25% 2.300 21% Apr 34 Jan 5 Jan 6 Aug 75 common Finance 9% 22% May 11,700 6 5% Ltd SOW ord 19% 18% 19% 2,400 16 Vb 43 42% 43 V2 1,200 37% May * Coal & 15 15 16 st Jan Apr Feb 19% 1,400 17% Jun x26% is 4,800 % Apr % Dow Ltc Brewery 7% preferred .25 . .10 Apr 4% May • — 24% 24% Power DuMont 87% Feb 19% Feb 45 Jan 13 Vb Jan 25 V2 600 20 Vx 3,200 20 % 85 85 85 25 15% 15% 16 7,300 12 Vb Apr 21 Feb Feb 51 May 21 Vb Jan 19% Apr 25% July 23 % Jan 38% Mar — 44 Apr 84% July 89 Mar 15 19% Laboratories— (Allen B) Class A — 20% * Co Feb 47 650 • -10 Duke Jun 10 % May Textile Dominion Jan % Feb Jun 13% July Ltd— Co Dominion Xl9 % 3% Feb 9% 20% 1 Raynolds Jan % 2,100 Jan July 300 77% Foundry Mfg Co Products Steel & Jan 23% July Jan 16 Jan 8% -r-"—. Manufacturing & Iron Domestic 14% Jun Apr Jan 4% May 100 ^—100 debenture Detroit Gasket 6% 18% May Jun 26 300 2.50 Mines Day 14% Jun Feb 8% 17 2.50 5 Brothers Inc Davidson Dobeckmun 19% 4% 350 10,000 * 5% 21% 11% Jun D Feb 2.80 shs Jan 6% July Aug 9 12 7% Ltd— dep rets ord 20% 100 Jan 1% Mar 19 % 2,200 * Davenport Hosiery Mills Feb 51 3s 8d 12%o & Sullivan 1,000 Jan 6% 8% Jan 8% 16'/a 15 % 10c 35 50c 5 common Jun 15% 47% May 10% Jun — 16% Jan 33 Apr Mar 3,200 Jan July xlOO 1,900 22% -2.80 3% ■ 10 common May 12 Jun 5% 50 Buckeye Pipe Line Burma Mines 31% 10% - • Co common 12% July Apr 10'/a Mar - 10% * Ltd class B Bunker Hill 11 31% " . » ' Junior preferred Co 25 Feb 28 % 8% —25c * 10 5 Lighting Inc common Manufacturing Co (Mo) Curtis 76% Feb 1 Sugar Devon-Leduc Oils 1 Distillers Forman cumulative ' -- 2% • A— B Company common conv preference2nd preference Brown 12% — — lOfl Brown $5 " „ reg Power 12% II rets ord bearer Amer partic common Detroit Hardware American Tobacco— Amer "A" common preferred Cuban Jan May 1 2,000 "% 1 Crystal Oil Refining common $6 Jan 36 % 8% 5 (Md) Petroleum Cork Apr 8% 12% 22 y8 8% — 1 6 Motors Inc—-——— Crowley Milner & Co Crown Mar 37 — 5 Company Cent 7% July 38 Jun 66 75 5 7% 1% '5 22% 23% (ord reg)—£1 Crosley Crown Jan 8% 1 dep receipts (The) 10% 7% July Jan 9% 250 27 37% 13% 14% * Petroleum Croft 400 x5% 14 39 Ltd— American Jan May 21% A common class preferred Courtaulds 12 % 5% May 300 — 14 * 1 Reynolds comomn Detroit Gray British Mines May Jan 79 &92 7% 9% 71 % 24% 1% 19% 21% 7% 9 Jun 5 Feb 10 non-voting Inc Creole Apr 3,700 Jun 6% Jun — 7 6% 23% 5 • 11% $1 Jan 6% May 7% 8% 12% 13% * * 5c voting B Cornucopia Cosden 9% July 81 % Distillery Ltd— A Corroon 74 % Mar 25 8% — 1% Coro 20 Jan 18 Vs 83 Apr 18% 7% Jan 14% 300 ' — • Pow Jan 5% 10Va 11% 77% Mar prior Inc 16% Jun Mar 4% J — — Corp— Corp Car-Na-Var (H) Feb May 13% 3% 58% 1% 8% 18% 59% 1 Continental Commercial 1 Continental Foundry & Machine Co—1 Cook Paint & Varnish Co * Feb 9% May 9% Jun 14 100 ~9% Brazilian Jan 37% II Bourjois Jun 11% common & 13% 4 common-. Co Jan 37% common (S) Jun 1 Birdsboro Steel Fdry & Mach C# ooau* Starr & Gorham class A • (H C) Feb Jun 2$ common Inc Hedges 100 5% 5% 15 1 Inc 8% 10 9% 9% Black 5%% Jan 7% May i Blauner's Bohack Apr 13 1 Corp. Telephone of Canada Benrus 9% l Ties ~8% ~9% 1 common Shoe Blumenthal 4% Apr 7% May & Co Aircraft Bickford's 15% July 3% • 1 Instruments Bellanea Bell Ltd Pwr Corp Refractories Inc Beau-Brummel Beck 4,100 — Steel Baumann 30 3% Andes— shares Barcelona Tr Barium lo 8% July 12% Mar 13% 3% ~3% July 8 1,300 13% i Corp 8 8 23 19% — 1.25 Inc Lines Air Continental Continental Class 8 & Smelt'g Ltd Royalty Oil Consolidated Class Class _— Min'g Consolidated 28% July Jun 15% 1 50c 1 • * 10 Utilities Gas Apr 100 t Corp Consolidated Liquidating Corby Bailey & Selburn Oil & Gas— . 1956 to Engineering 4 Vb 33 % 6 20% 13% 1 1 Colt's Manufacturing Co 25 Columbia Machinery & Eng Corp—10c Commodore Hotel Inc 1 Community Public Service 10 Consol Jan 8% 6% Co Stone & 3% — — 36 % Airlines Colonial Colonial Sand 26% 5% 4% — . ordinary Development 7% 27 5% 5 Lambert Manufacturing—4 Clinchfield Coal Corp common——20 Club Aluminum Products Co— * Cockshutt Farm Equipment Co • Compo Associated 19% 21 % 7% Co__—.— Co 9% 70% 24 1 18% 21 — Clayton & Colon Apr — 8% __ * 1 —1 1 5 Co Hosiery Claussner 12% 6% Mar 5 Inc Neon Claude Jan 800 77 10 88% 7% 9% 71% 1 5 D L Co— Clark Feb 5% 35 10 Clarostat Manufacturing — — 7% 8% 1 City & Suburban (The) 7% 9 Vb — 4 Cable Corp & Stamping Homes Auto City Jan 7,300 10% 4% 77 10 88% — 5 10 common Cherry-Burrell Jan 5% — 1 2.50 10 common Chamberlin Co of America Charis Jan 5,700 — 10 .2 10 Electric Co common Century Investors Inc . Convertible preferenceCentury Aircraft 16 % 6 21% 5% 10 4 10% 4% 100 1 -100. Products Central Power & Light 4% pfd Central Ohio Steel Cessna High 4% 17 Vb 26% 5% , 100 Co— Power preferred 3.50% 16 % — Corp of America Explorers Ltd Clark Anglo-Lautaro Nitrate Corp— Low 3% Mar 14% May ■* common —10 1 Central • Central Illinois Secur Corp —_—1 Conv preference $1.50 series—. _* Conv preference $1.40 series • ' Jan July 44% 1% Co American 16% 12% Co Maracaibo American July 12 44 ——1 * American Natural Gas Co 6% pfd 31 American Potash & Chem clasa A, —* Class B • American 1% Range Since Jan. 1 High Low & Co (A M) Catalin Jan 1,300 18 1 % ll.lt —30 3» Laundry Machine Manufacturing Co com American 25% 50 12% 18 —-1 ti Co American Jun 300 12% II 1 pfd conv II Products Castle Apr 97% Jan 89 200 21% .... of Prices Sharea Par Casco 94% 93% 94% Its preferred Goods Manufacturing cumulative $3.75 for Week High Low of America— Co Aluminum Range Sale Price Exchange New York Curb 1 Range Since Jan. Shares High Low P«f Week'a Last STOCKS for Week of Prices •ale Price ExehamgB New Terk Curb Sales Week's 10c comomn July Apr Dunlop Rubber Co Ltd— American Cable Electric Calamba Products 80e Calgary & Edmonton Corp Ltd California Calvan Electric Fire Camden Cement Co Ltd 6%% Ltd Co Southern 4% Mar Jan 4% 14% Ltd Atlantic Oil Co Canadian Canners Ltd Dredge & 5 15 • Apr 19% Jan 9% 21,500 8Vb Feb 9% -V Vff 5% Jan 9% 22% 150 23 % Hosiery Test 4% 4% Aug 5% Jan 13% 13% 50 12% May 16% Jan 5% 600 5% July 7% Jan 30 5% 30 % 400 26% May 35 % Jan 15% Jan 75% 77% 550 72 % Mar 78 Jun 25 class B common 28% 28 % 20 25% May 34 Jan 7% 7% 300 4% • 1 • ~5% common-—10 13% common 500 Jun 7,900 13 20 Jan Jan Duval & Potash Sulphur Co * 67% May Co Ltd 11% 2 Ltd common Dock 25% 1 6% 11 6% 28% 25% May 81/b Jan 50 11% 12,500 6% 5,800 78 28 Va Jan 512 Jan Eastern Gas & Fuel Assn 4%% 15 Vb Apr Eastern Malleable 8% Apr Eastern States 53 — 53% Feb Feb prior Iron. 1 Corp 14 7% preferred 7.200 7% Industries Ltd— preferred Canadian 100 Marconi 1 Capital City Products common Capital Transit Co Carey Baxter & Kennedy Carman & Carnation Carolina Inc Co Co & 1,300 .7% 100 • 112% 28% 25 2% 2% 2% 5,200 6% Jan Feb Feb 24 Jan 17% Jan 7% July 8% Feb 12% 4 50 112% 112% 161% Feb 21 J.- i 113 Associates— Common shares of beneficial int—1 $5 pfd shares of beneficial int 1 Easy Washing Machine class B • 80% Apr Jan 2 July . 4% Mar Mar 108 July - 91 Jan 112% May 2% Jan W) Electrographic Corp comomn—' Empire District Electric 5% pfd Empire Millwork Corp Emsco Derrick & Equipment i.—1 lIOO 1 5 Equity -10c Co ord €1 footnotes 1 see Dane 35. Jun x7% May x% May x% May 5% 2s 6d common — 5% Apr 6% Jan Corp common $2 convertible Eureka Inc preferred 1 — 113 % 150 Corporation Ltd . Feb 108% Jan 133% Feb Apr 36% Jan Apr 86 % 900 10 ye Jun 12% Mar 24% 9,600 23% Apr 26% 100 10% Feb 120 95 Jan 11% 11 Vs 102 -7% 7% 300 18% 18% 100 1% 1% 18% 1% 7% July Jun 17 7,900 1% Jan 250 Jun Jan 11% Mar 102 9% 22 1% May Jan Jan Jan 31% Jun 5 5 800 4% Apr 5% Mar 1% 1% 21,800 1% Jan 2Apr ■; % % 4,700 33% 34 H 10 Feb 146 -11% 101 1 x—1 Warrants Eureko Pipe Line common 9% Jan 24 % 11% Share Jan 83% 24% & Apr 10% 5 Bond 5% 30 common Electric Esquire dep rets B ord (J wnr 14% 7% 3% Feb Ltd— dep rets A Amer Carter 7% 100 4% 28% Light $5 pfd: Carr-Consolidated Biscuit Co Amer 1 2JO 4,100 24 14% 19.80 5 24 4% • common Power Carreras 155 13% 120 • * series A__. $6 preferred series B $7 —• • preferred July Eastern Sugar Canadian May 100 Co Corp 4 Vb '7 Apr 22 % (The) Durham Duro £1 1 rets ord reg dep Duraloy Aug 18,200 9 —l 20 Oils Canadian Canadian Feb 3% Jun • common preference Canada 3% 200 6 , Insurance Bread Canada 400 4 1 & Gas Co Canada 4 4 • Power Consol Oil 4 1 common Sugar Estate 5% , 34 * % Jan 18% Feb 34 lft Aug Apr 34% Mar Number 5139 Volume 176 . . The Commercial and Financial Chronicle . (445) NEW YORK CURB EXCHANGE RANGE FOR Friday STOCKS New York Curb Exchange Camera Engine & Airplane Fansteel & Instrument York Shares High Sales Range Par for Week of Prices Sale Price High 26% Feb 28% Jan Kaiser-Frazer 7 6% 7Vs 9,100 5% Apr 7% Jan 27% 28% 3,400 23 y4 May Kansas Gas & Electric 4%% Kawneer Co (Phila) 27% ::io common Corp Motor Class A Class B -IOC of Oi CO rf- 23 63% 50 55 % 2% 2% 1,300 2'% 34 Aug Jun 33% 925 30% 10% —1 10% 100 8 8% 59% 22,000 60 7y8 900 50 Ltd— American deposit rets ord reg Motor of France— .£1 6 — 6 Ford deposit receipts Fort Pitt Brewing Co Fox (Peter) Brewing Franklin Simon & Co Inc convertible A) 700 34 Jun Aug 9% July Shares Low % Key Co Kidde Range Since High 1 jat.. Low High (Walter) & Co Lighting Klein Kirby Petroleum 500 8,100 7ya May 7% Feb 11% Mar —1 8% 8% 9 1.25 8% 7% 8% preferred 9y4 -.50 Co 43 —5 10% 11 400 9% Feb Jan 10% Jan 9% 45 Feb Feb 11% 7% 7% 7 Jan 105 26 350 27% -9'% * 35 ~3% 3% 27% 27% Co Ltd 20 8% 33 Knott Hotels Corp Kobacker Stores July Jan 3% Jan 4,400 7% Jan 1,500 % 11% 12 10% 11 400 Feb 9 Feb Feb Met lft Apr 14 Apr 15% July 13 % Feb 10% Apr 9% Mar 1,400 Apr 4% 31% Mar Jan 9% 7.50 36 % Jun 13% 5 Kropp (The) Forgp Co Krueger Brewing Co 10 22% 1 Jan Jan 500 * Jan May 3,900 10 Jun 10 Va 31 8% 9 July Jan % 10 Rubber Co Jun 7% July 500 3% 28 War % 13 2,900 35 1 11 300 9% 1 Co common 28 9% 50 50c (I B) Jun 100 50 : (D Emil) 4% 10 11% common 4% cumulative preferred Kingston Products Jan lft Jan 12,200 23% May 5 Kings County preferred Kirkland Lake G M % May 4% 105 5 Apr 2,900 4% 105 • !_* 70 Mar 4% 100 common Mar % common.. .__1 1 pfd Kennedy's Inc Kleinert bearer. Corp 61 Feb 5 Jan 11% Mar Feb 54% American 3% 10% May 8 60 297/a July 64% Jun Apr 34 Canada— Co (Geo 3,200 63% 2% non-voting voting Motor Fuller Low Week's Last New York Curb Exchange 23 • Flying Tiger Lines Inc 4%% STOCKS Range Since Jan. 1 1 cumulative preferred -__1 (M H) Co Inc Fishman Ford for Week Low dividend Ford Friday Range ,__1 Metallurgical Association $2 1 K Fairchild Fairchild First WEEK ENDED AUGUST Sales of Prices Sale Price Par Fire Week's Last 11 July 4 4 4% 1,700 3% 1 7% Apr 7% 9% 2,900 6% Jun 9% July _5 Jan 16% May 4% Jan 33%c Feb •- 5Va Jan 11% May G Gatineau 5% Power Co common Gellman General Alloys Co General 5% Builders Electric Amer dep Co rets General Finance Corp Outdoor 5% 10% 9% 10% 13,200 8% Jan 2% 2% 2% 1,000 2% 2% 100 — pfd A 18% 6% pfd 50c $6 preferred Georgia Power $6 preferred $5 preferred 2 % Gerity-Mich Giant Gilbert (A C) 2 >/4 1,600 2 % 100 10% Jan Gold Mines Gladding McBean Glen Alden & Co 7% & & Great Northern Jan 14 12% 19% Jun 15% Jan Apr 25% Feb 3% Jun 1,700 3% 4 5% Jan 62 V2 63 160 48 % Jan 63 51 50 52% 425 27% Apr 81 81 Jan 86 82% 1 60 73 15,700 II Jan 53% 4 25 % 26 700 23 25 Jan 28 Feb 138 141 375 134% 134 % 1 ~2% 25 54% Jan 25% Mar 7% 13% May 140 July 59% May 5% July 5 Jun 1% Mar July 19% Tea— Feb 15% Jan 121 148 128% 80 Feb Apr 134% July 3% Apr Jun 2% 3'/a 15,300 53% 55 % 750 52 Jan 61 % Feb 2 18 18% 150 17 "Jun 22 % 5 10 10 400 2y4 Feb 9% May • 30 11 Mar 31% July May H Haelan Hall Laboratories Lamp Hamilton Inc 3 Co Bridge Co Ltd H"mmeimill Paper Co Hearn Helena "18% 260 Henry Holt 5% & & Co w common Horn common 1,200 5 5 Jan 34% 1,500 13% Lock & 16% July 19% Mar 48% 2 Land Louisiana 14% 15% 2% 2% 16% 16% & Co 19% Jan Manufacturing Co I 30% 30% 73%: 74% 3% 46% July "% I J/2 H 15% 31 Jan 47% July Chemical Communication Marion • Ireland 22%: Mays (AG) McWilliams x20 --22% Indianapolis Pwr & Light 4% International Cigar International - 37 y8 9% pfd—100 —5 38 9'% -10 % 10 V» 95 95 84% : ' 82 ■ 10 % 9,900 400 50 $3.50 International Machinery Metal 50 Industries A__ Royalty 100 19% Metal 1 32% 12 4 % 4% Manufacturing Jan July Jan 17% July 14% Jun Jan Brothers States Midland Oil Midland Corp. Petroleum Steel Corp $1 300 1,000 6'/4 700 1% 1% 2'/a 5,900 Co dividend shares— Co Brown Stores 4% common 1 19 10c (N J) Preference 5 Co Ltd footnotes see I II page 35. 4% 18% -19 y4 5 5% 1,300 2,600 4,000 1 2 • IIII_ 15c ■ >>l2% 200 3% 14,100 3 ft - 8 1 15% 700 16% 6,000 15% Jan 20% Jan Feb 20 Vt Feb 25 300 23% Jun 26% Jan 17 17 17% 300 15% May 18% Jan 4% 29 Apr 5% 29% Jan 27 ya Feb 32% Jan 3% May 900 3% 4% Feb 5% Jan 800 5 100 17 Va 1 47% 2% 100 94% 900 15% Jun Jan 103 % Mar Mar Jan 20 36% May 2% Apr July 53 Ya Jan 3% Jan Co— cumulative preferred 94% 101 preferred series B—100 preferred series C _100 Monroe Loan Society com class A 1 Montgomery Ward & Co class A Moody Investors participation pfd Morris Plan Corp of America 94% 50 101 86% 25 97% 92 2% 168 • X33 • common—7.25 Tel 100 Mills 4% 4% 10c Power Tel 2.50 5 Mt 32% July 14% 100 * common Apr 29% May * cumul Jan Jan Jan 15% July 25 1 4.80% Jan Jan 1% 8% 11 V* — 50 common—— Power 4.40% 23% Jan 10 % Apr 12% Mar 4.50% 105% Jan Jan 8 Mar 7 Feb 4% May 400 1,100 15% * States & Vernon-Woodberry Apr 33% Feb Murray Ohio Mfg Co Muskegon Piston Ring common May 86% Jan Muskogee Co Jun 4% Jan Muter ft July 2% 12% 12% 103 102 20% Feb 98 July 103% May Jan Mar 98 Feb 2% Apr Jan Jan 176 Apr Apr 36 Jan 33% 75 4% 5,200 12% 2,000 11% Jan 80 99% Apr 105 Jan July 103 20% 31% 4 4% Jan Jan 12% Mar 26 Apr 20% May 23% Jun 8% May 22% Jan 7% July 13% Feb 26% Jan 9% Feb 14% Apr 16 Va Jan 3% 100 Jan 20 Feb 12% Feb % May 14 Apr 9% 31% Jan 35 x8% May National National —-—1 Inc Alfalfa 1 - Bellas Hess National Fuel Gas 110% Feb National 10 % 7 10% - Feb July Jun 24% May Jan 101 May 42 Ltd National Jun Apr 1 Apr Jun 3% National Research Rubber National Steel Car National Transit Le Mur England Tel & Tel Haven Jan 14% 12% 2{J 2% Jan 20 2% Jun 2% 3,100 2% 3% Aug Jan Feb Mar Apr 11,600 2 Feb 2% Jan 12"% 300 12 Apr 14% Jan 11% 1,600 9 Mar 11% Jan 13% 13% 12% 13% 2,400 12 % 500 11% 13% July Jun 14% Jan 16% 17% 400 15% May 18% Jan 26% 26%, 50 25 Apr 28% Jan 4 Feb ——2.50 Co common New British Jan Apr Jan 12% — — 2 19 6% Mar 4% 4% 5% 900 3 3 3% 2,800 2% Mar 4 200 18 % Mar 22 19% 19% 19% Apr Apr Jan ' Nestle New Jun 13% 10% 1 Neptune Meter common New Jun 3 2% 6,200 12% ———30c Jan 2% 12 % 10% July 3,000 2 1 common Feb 1% 2% 14 11 • Radio Union National Apr 2% 13,200 2% 13% — 10 Ltd 7 Feb 2% 14 2 —l Corp Machinery— Products National Starch 7% Mar 11% ,. 4 14% Jan 10% .12% 6% Mar 10c Industries Phoenix Radiator Co_ Jun 3% Mar 18 25c * National Pressure Cooker common National May 5% July 100 & Stores common——1 Mfg * National Feb —-1 common Apr 9% Mar 93 — Dehydrating & National Petroleum *17% 4% N 41% . 500 10 Corp Milling Co 5% July Jun 800 ."7% 4% 7% 50c common 18% Jan 18% May 9% ~7% 2.50 —-—10 common Company 4% Mar 19% — 374 •v 500 1% 9% 50c States 1% Mar ♦ Kokenge Oils 1 common July 6% July 14% 14% 16% * common Midwest Piping & Supply common Dominion 1 — 40c 3% 100 Oil Ltd Watch Co Clock & 110% 1 — 4% 5 2% 3% 27,400 109% 110% 2% 2"% 1,850 Feb 106% July 2% 400 5 Jan 2% 700 4% 4ft 111 37/a Apr July Apr Feb Feb ' 4%% convertible Jersey New O'Mahoney Inc 3 Jan Apr Products— noncum New Jefferson Lake Sulphur Co 300 1,700 7% preferred—* Mountain 84 7% July 7% 1 common conv 50 1 1 . Mountain Jan 11% 8% * 10 Jan Jan 77 - • Glass 2.50 w. 20 7 common 6% preferred Micromatic Hone 50 3% Jan 12% July 8% Apr - 53 50 6% 46 40% 5% 6 3 140 Jan 7% 14% Jan 1 Jun Jun 11% Italian Superpower Corp com cl A For Inc Michigan Bumper Corp Michigan Steel Tube Jun Jan 5% Jan 5% 9 2,600 3% 7%. 13 7% 500 13,700 9% 11%r Apr 3,000 5% 3 23% • 100 13% 5% 48 800 1 t c 11% 13 13 2% 9,500 1 r Inc Irving Air Chute Jan Jun Corp— 46% 2,200 100 Jan 3Va 15 1 Monongahela 99 11% 15"% Participating preferred— Molybdenum Corp Monogram Pictures Service Co— preferred Iron Fireman & Scott Feb 88% 31% July 2% May 11 % Jan 35 4%- 28% 12 1,400 1 Feb Jan 11% 15% Mar 2,100 2% 25c 7% Jan 32% 1,400 12% 20 92 350 26% 2% 19% 8% May Jan 12% 1,500 7 Jun 26% 3,800 70 200 23 21% July 25 % May 2% Corp common $2 Jan 97/a Jan 26% 12% 5% 70 20% 9 Jan May 12% •20% July 700 16% Apr 4% 15 10% May 1 Co Iron Textile Middle Jan Mar 1 * & Co Chapman & Michaels < 5% 1,050 100% 100 24 ._* 15% 96% * International Petroleum capital stock-* International Products 5 Public : • series 3,200 Warrants Mesabi Apr 400 21% 24% 16% Hydro-Electric— Preferred 9% 20% 50c 84% - - 9% 21% __5 2% July - 11% Co Namm-Loeser's 11,050 14% 11% Dredging Mfg Merritt 14 11 % 1 Corp 3% 12% __ 14% • & Co common Mead Johnson Menasco 1,570 1,400 10 Inc common (J W) 100 —£1 common McDonnell Aircraft McKee Ltd Co 46% 46% 3% 4% Mar .,37% ■ ___£1 . Insurance Co of North America Jupiter * • Shovel— Power Massey Harris Nachman Industries— American dep receipts registered—£1 Imperial Oil (Canada) capital stock—* Imperial Tobacco of Canada 5 imperial Tobacco of Great Britain & Julian Co 3% I Illinois Zinc Co common Jan Jun 4% 3% 300 15 Marine 78 72 1,250 Jun 43 (The B) Marconi International 29% 4 15 Jan 29 Manischewitz Mapes Consolidated Mfg Co Feb 3,800 3% 3 114 Jan Missouri Public Service 29% • Jan July * Apr Jun 111% 12% —1 ,19% July 200 Jan 600 Mid-West Refineries 15% Aug 3% Jan - Jan 54% Jan 16 Vb Mar Apr 100 13 18 % July 16 28 13% Jan Apr 3,600 13% — 6% Jun 300 3% - ' Jan 11% May 44 % Jun 16% Midvale 2V4 31 74%: 5 3,700 23% 25 1 Mid-West Abrasive 13% 10 46% 45% * 20% May Jan Jan 200 25 45% 1 Apr Jan 4,000 19% 300 July 4% 12% 105 2,300 12% July 14 Va 19 13% 105 150 27% 12% 32 15% 102 42 y2 100 22% 26% Jan July Jan 11% Apr 129 • common 22% 27% 8 32 31% Jan 10% Mav • 25 900 3 15 Baking Co 32 300 67 300 *. 32 Jan 13% 10% 5% May 15% 25% July 6% May 30 18% Jan 7% Feb ' 13% 7% July 5 200 Feb 17% 15% 400 20% 5% Mar 18% 92 11% 25% 32 22% . Apr 20% 2,200 24% 5 common 800 11% 16% 200 31% Jan Jan 10 Service 19 20 J Jan 4% Co Public Mangel Stores 4% % convertible preferred Mining Corp of Canada Minnesota Pwr & Light 5% pfd 400 25% 18% Jan Maine Miller Wohl Co common "3% 21% M Jan -75 Jun 13% Jan ~3% 13 5 Jan - 900 Apr 7% Co 13% 75 15% 13% Mackintosh-Hemphill 19% 17% 10 — 2 17% 5 Jim & Jun ■ _1 Lynch Corp Jun II I 1 . Exploration Light $6 pfd__. Jun Hygrade Food Products, Jerry . 8 10 . Co 12% 1 common Jeannette & Power . Watch 12% May 1 Ironite Louisiana 6% Mar Apr __ (Texas) 700 18 * 14% 1st convertible preferred Hydro-Electric Securities 3.90% Chain— Star Gas Co Longines-Wittnauer 900 8% —. _ Steel Lone 7% Apr 8% July 6% Jan 15'/a * B 4% —— 1 . 15 7% 15% 1 a 250 (Harvey) Inc common 5 Humble Oil & Refining capital stock—* Iowa Locke Y_ class 300 8 1 . . 200 • Hardart Investors Liberty Fabrics of N Class 7% 5 University Groceterias 11,400 5 . 16% 10 preferred Imperial Machine Lefcourt Realty common Le Tourneau (R G) Inc Loblaw 100 9% Apr 5 1,300 2.50 common (Geo A) Huyler's Extension 4% 8% 5 ._ 13 Hubbell Hurd Monotype La Salle ._ __ 16 % 1 & Hardart 5% Apr 5% July 9 % Apr 3 % Apr 1 Inc & Lanston 15% 4% 9% 1 . Delaware 12% 10c Inc Holophane Co Hormel 5 13% 100 Co class A Stores Horn 5 100 2,300 100 w Hollinger Consol Gold Mines Horder's 600 45% 2 convertible preferred Holly Jan 17% July 45% July 1% Jan 300 3 % 44% 13% Machine & of • common Steel Products (R) 9% 3 % 5 preferred Higbie Mfg Co Hoe 6 9% Corp 15% 4% . _ *. preferred Hercules l7/a 5% 44% 25c A 5%% l7/a ~5% 1 ; 3% 4 900 47 % 10c common Jan 13% May 17% 47 2 Co common 4% 2% 1,000 17% • Rubinstein Class Heller 4% 47% 1 Corp Mining Co 4% Foundry 15% 1 1 . Inc Mines Ltd Michigan Sugar Co 24,500 25 Lithographing Co Dept Stores Hecla 4% 3% 2.50 common Electric Light Brewing Co Hastings Mfg Co Hathaway Bakeries Inc Havana 3 * Harvard Hazeltine 3% 5 Hartford Lakey Company Apparel Shore Lamson Jan Brewery Grocery Stores Products common Gypsum Lime & Alabastine Lake 52% July % • L'Aiglon Jan Feb " 3% Laclede-Christy Apr Jan Jan 100 1 Chemical Co Western 5% 12% 24% Feb 17% 50 Paper Griesedieck Jun 11% 2,600 stock 109% Jun 13% 100 Lakes Oil 116% Mar Jan 24% 1 Co— Jan 8% 13 % • 1st preferred— Jan 12 % Mar l Pacific 101 9% May 100 Jun 5,700 9'/a 23% Mines common Great 13 8% 1 Rapids Varnish Atlantic Jan 3% May 5,600 Jan 2% 13 13% J Consolidated Manufacturing 1,800 10% 13 8% • Non-voting 4 10 5 Manufacturing Co Gorham Manufacturing common Graham-Paige Motors 5% conv pfd Great 113 18 • $4.50 prior preferred Gray 25 10 Coal- Goodman Grand 116 3"% 10'/a • B Goldfield 116 • Glenmore Distilleries class B Globe Union Co Inc Gobel (Adolf) Inc common Godchaux Sugars class A Class 99% 1 Co Feb Aug 11% July 107 108% July common Gilchrist 9% July 8% May 30 103 % Mar * 116 3% May 22% May Feb 20 Feb 3% Apr 2'/a 1 Corp Yellowknife 7% 26 y4 11% * 5% July 10% July Feb 550 400 30 106V2106 % 20 Service 8% 30 100 common Corp 8% 5 July May 103 Jan 8% 10 common Adv 19 Jan 2% July 2% Jan £1 preferred Public Jun 25 Corp 5% Plywood conv 3% 17% May 95 1 com reg Fireproofing General General 100 Ltd— ord General General 400 ~4 4 Hi convertible preferred General 19 4 l » Supply 18% — 100 Mfg Co common Acceptance Corp General - • I preferred Mexico New Park preferred & Arizona Land 5 July 24% Feb New Process 5% July 2 Feb New York Auction Co New York & Feb New York Merchandise— Jan New 65% 1 18% 18% 1 Zinc 6% 64% 1% 1% 20 —25 — 8% Feb 6% 65 /a 350 6% Apr 2,100 61% Apr 80 Jan 19% 1,600 17 % Jan 23 Vt Jan 1"% July 2% Jan Jan 69% York Shipbuilding Corp— 2% 23 5ft Apr Mining Co Co common common Honduras Founders shares Rosario 2 6,200 65 * 10 10 1 Jan ' 8% * — — 25 % 7% 27 8% 400 150 Feb 21% July 7% May 15% July 9% July 34% Jan 9% Jan 19 Feb 33 Commercial and Financial Chronicle The 34 . Monday, August 4, 1952 (446) CURB EXCHANGE NEW YORK WEEK ENDED AUGUST 1 RANGE FOR Friday Range Niagara Corp Share Nilee-Bement-Pond * 8 1,600 15% 15 15 % Nipisslng Mines 17%/ 1514 2'/4 3,300 13% Apr 1,900 l7/a Jan 2% 2,V Ltd— Non-Ferrous Metal Prod 45 North Co RR Penn Pub Serv 4%% Northern Ind 8% 27,100 18 % v 7% Mar It* July Jan 19% Belby Shoe Co Sentinel Radio Jan Beton Leather common Shattuck 11% Mar 4% 27% Jan 200 37/a Jun 10 83% Jan 96 120 87 'A Jan 99 18% 500 16 % Jan 20% July 6% common May 5% 200 1% May Feb 13% May 9% 4% May % % 100 % Mar 14% 14% 200 13% Mar ~9% 914 ~9% 1,300 47% 46% 47% 1,100 66 66 67% 1,850 — 106 II 39% Feb 72 14% July 16% 900 13% Mar 21'A Aug 900 6% May 8% Jan Publications— $3 convertible preferred • Simplicity Pattern common 1 Simpson's Ltd class B —• Singer Manufacturing Co 20 Singer Manufacturing Co Ltd— Amer dep rets ord registered £1 Smith (Howard) Paper Mills • Sonotone Corp 1 Soss Manufacturing common... 1 ~3 % Jan 11% Jun Jun 13% Feb 39 Jan 47% Jan Feb 69 Va Mar Jan 106 Apr 20% May 25 July 16 % Mar 18%, J an 103 100 314 Jan 61% 1,900 18 Feb 1% 8% Mar ■ 17% 6% 15 8% — 110 106 II • • -• Breweries Sicks 8ilex Co 150 • America class A Ltd Shoe Corp of May Canada of Bher win-Will lams 3,900 % 100 preferred 4% Jan 90% July 1% 12% 5% High Low 1 1% 5% 5 • 23 Mining Denn Range Since Jan. 1 High • Bhawinigan Water & Power Sherwin-Williams common Apr 1,300 18% common Apr A 45% 4 % 94% Corp Shares 12% 1% 1 • 1 10c 1 Sentry Safety Control Berrick Corp class B 90% 90% • Feb Hardware Segal Lock & 18% Jan 18% Jan 2ft Apr 22% 4 4% Apr 43 700 2% 22% 22% Novadel-Agene Corp 200 2 • Northeast Airlines % 3,200 8% 2 3 1 50 pfd—100 North Central Texas Oil % 45 % % % dep rets ord shs 3s 6d $3 preferred_50 North American Utility Securities • North Canadian Oils Ltd 23 Amer North American Rayon Jun for Week Low Par' High Low 17 % 5 common Bale Price New York Curb Exchange 1 Range Since Jan. High Low Par Shares of Prices Bale Price Exchange New York Curb Range of Prices Last STOCKS for Week Sates Week'a Friday Sales Week's Last STOCKS 3% Jun ~5% Jan Blmmons-Boardman O Natural Oklahoma Gas— Okonlte Company class B 80 103 % Jan 900 33 % Feb 59% 72 1,275 14% 14% 20% Olympic Radio & Telev Inc 7% 1 Omar Inc 100 21% 19% 77/a • 8 1 O'okiep Copper Co Ltd Amer shares— 1 Jan 109% May Jan 36% July Jan Feb 18% Jan South Coast Corp 1,500 42% Jun 54% Jan South Penn Oil Co common 207/a 500 17% Feb 20% July Mar 14% May Xl6% 20% Securities 2% May 56% 51 % 47 51% Overseas 4514 May 35 34% 5 United Filters Oliver 225 107 106 34% 69% 25 common Old Town Corp Feb 1% 2,500 52% 51% 51 % • 100 15 preferred— Power 4%s Ohio 2% 2% 50o Ogden Corp common Ohio Brass Co class B common 20% Jan 29 4% 4% 4% 1,200 4% July 5ya Feb 45% 43% 46% 2,000 39% July 46 % Juiy 41% 40% 41% 2,200 38% 45% Jan 4 Jan 4 4 — Apr 3% Feb 500 18% "4% ~4% Jun Jan 23 4 Apr 4% Jan 9% Jan 11% Jan 6 1,000 10 600 7 9% 600 6% 7 Jan 41% 700 42% 42% 42% 12.50 10 ~4% ' "'I" 1 common Southwest Pa Pipe Line .Feb 27 Jun 4% July 9% Mar Jan 4514 Mar 28 Southern California Edison— 11 ■ Co Pacific Can 1st pfd.—23 —25 Pacific Gas & Electric 6% 1st preferred 5%% 5% • _8 common. preferred redeemable 1st preferred— —25 5% redeemable 1st pfd series A.—25 25 °4.80% red 1st preferred div $4.40 cum Pacific & Light Power $1.30 5% Service Pacific Public 1st Pancoastal (C A) Oil Chemical Park Parker class i.' 1,000 "l Jan 24% Jan 9714 Jan 100 95 Jan 101% 15 Apr Jan 102 Mar i 15 Apr 17 Mar Jan 2514 July '' 25% 9% 22% 400 3% 16,600 -1 2 Plymouth • Mills^ Peninsular Telephone • common cumulative preferred Penn Traffic Co Penn Gas & Penn Power Penn Water Boys Pep & Power & Lambert 4%% 8% Jan 414 Jan 20% July — , : ' Feb ~2% 2,100 2/4 2% 2% 500 57% 1,140 33% 200 33% 3% 59% 42% Jan 800 5% Apr 8% July 3% 200 3 Apr 3% 20% 20% 21% 175 4% 4 % 4%. 700 3% 7% 7% 7% 500 7 34 32% 34 % 925 „ __ America Nevada Feb Standard • Standard I common (J Stlnnes (Hugo) Stroock Sun (S) 24 24 500 21% Mar 8 8 Jan 6 100 48 300 47% July ~4% 100 2 2% 2% 500 2% July 13,400 2% "4% ~2% Jan 25 May Feb 12 64'/a Jan 5 Mar Jun 5 Mar Jan 2% Aug 2% May 3V4 4 % 16% Jun Jan 18% Feb 14% May Mar Jan 41 Feb 9 500 39% 39% 21 38% — 10% Jan 12 y4 May 22% 250 20% Jan 24 Mar 11% 11% 22,900 6% Jan 1114 July 7 11% 10% 21% 10% _ Jan 11% July 1,100 193% 197 — 100 8 1,600 7% xl73 % Jan 7% Apr _5% 5% 6 300 5 5 5 Vb 800 4% Anr 4 3% 4% 2,300 3% Apr 34 34% 200 13% 13% 200 7% 7% 2% 3 5% May July 197 10% Jan 7% Jan 5% Apr 4% Mar 29% May 341/2 Jan 16% July — ~2% 3% 21% Jan 13% Jan 15 Apr 100 7% Jan 8% Feb 2% 800 2% Jun 3% Jan 3% 1,700 3 Apr 314 Jan 225 19 19 5% 5 5 300 17% Feb 4% Jun 17% 26% 17% 17% 26 300 4% 4% 25c • 1 15 300 26% 150 3% 3% 3% 2,200 12% 12% 121/a 25 17% 18% 20% May Feb 7% Jan 26 Jun Apr 21% Jan xl9 • common Drug common Portland Cement Inc Superior Tool & Die Co Swan Finch Oil Corp Inc Talon class 15% 4% Jan 2314 "3 Jun May Jan 5 26% July 3% 12% Aug Jan Feb 20 Jan Texas 29% Mar 34% Aug 109 Apr Co Inc & Light 45 Jan 9% Jun 10% Feb Tilo 11V* Jun 13% Feb Tishman 2% 1,700 2% Jun 3% Feb 8 % 200 8y4 1,000 Feb 95% Jan 102 May 800 27% May 37% Feb 13% 13% 300 13 % 17% Jan 15% 15% 100 11 % Mar July 1814 July Roofing Mar 18 22% Jan 43 Jan 21% 21% 21% 1,200 20% Apr 24% Feb Jan 100% Apr Feb 25% 750 Tobacco Realty & Tobacco — — 600 25% Jun 16% 17% 1,500 12 Feb 20% Jun 13% 14 % 1,000 12% Jan 14% Apr 15 15 14 Apr 15% Stocks 900 7 May 8% Jan 400 14% Feo 18 ys Apr 99 99 • Security Trust Co Ltd— ord registered 99 10 88 Jan 99 Jun 59 150 6 700 Tonopah Mining preferred of Nevada 125 59 5% 514 99 98 99 Jun % Feb 48% Jan 61% Jun 5% Jun 8% Mar 88% Jan 100% May 1 1% 1% 1% 700 1% May 1% Jan • 4% 4% 4% 2,800 4% July 7% Apr 1 Empire Oils Ltd Temper Apr Apr % 2o 70o -.100 L Toledo Edison 4%% 5% 5% £1 1 Royalty Corp Jan 7% 17% 7 1 Construction <to Allied 100 17% 1 Todd Shipyard Corp common Trunz 20% 17% deposit rets def registered—5s Toklan xlOO 14% 25c Amer deposit rets True - 25 20 common Inc Tri-Continental Jan 17 — — Jun 37% May • Trans Lux Corp — 15% 1,600 5 Thorofare Markets Inc Corporation 400 9% 1,150 40% 17% 1 Feb Tbor 300 75 $4.56 pfd Thlokol Corp 38 8% July 18% x39% • common Apr 7% May 17% 40% ' Power 109 6% Apr Jun 17% • 8 com common common Thew Shovel Co Feb 24 15% 3 A Class B common Tampa Electric 5 31% — & Co Ray 8% May Q _• Co common Corp. Superior Trans Power Co 26 % May 4 10c 1 • ——5 1 Stop & Shop Inc. Feb 30% — B) Jan 48 • Co Stetson 23% 8 3 1 com Inc Sterling 400 • Products Inc Sterling Aluminum Sterling Engine 25% 1 (A) & Co common Sterling Brewers 3014 1 Steel Co of Canada ordinary Stein Apr 1 B— Corp.. (The) ot,arreu 28% 1 Corp class Jan 1,200 • Co Standard-Thomson 33% 30% 25% ■ - • Standard Tube Apr 13% 3 10 1_. B Products Technicolor 31% * common preferred $7 12% 100% 101 —100 Pulp & Timber com preferred & Light class Common Amer Manufacturing Quebec Packaging Corp Power 10 8% Corp (Ky) Convertible Standard Jun of Colorado— Pyie-National Co Standard Oil 8y8 • class B Gas Standard Forgings 2% 2% Corp common preferred —.. - 2.78 1 20 1 10 1 10 1 Co convertible $1.60 . 1 • Standard Dredging 300 12 1 _ Stahl-Meyer Inc Standard Brewing 41 9% '' Co Royalty Bpencer Shoe Corp 8% . 1 ... Pipe Line Southland 24. 20% Mar — 41 41 2.50 common of Southern preferred Jun Apr Apr May 32 8 • cumulative preferred 28% 30% Jan Jan 2% May 61% 3'% « cumulative 4.08% 46% Mar Jan 400 43 Apr Feb 7% ; 4.32% • Jan 26% 32% 29% 23 25 25 23 1 5 convertible preference convertible preference > ——. „ 2ft ' 4.48% 4.56% 41% 200 32% 43 23 " 55% ■ ■ 24 ~1U ■ : 2% -- common cumulative preferred Pyrene 25% July Feb 3% July - ..100 Corp of Puget Sound 22 6% July * Co Inc Public Service Jan .2.50 common Corp of Canada Providence 16 600 ... Co Prosperity Co 13% July 500 57"% 1st preferred Producers Jan ..25c Wine Powdrell & Alexander Metals Jan 500 •" —10 Pressed Feb 3% Mar 4 — common Prentice-Hall 44% 7614 3% Mar 6% 1 & Jun •109 25% 3 Pratt 500 14% May 5% Jun 3% ,:.V -1 _ 6% 14 Jan 6% . Co Power 61 Jun 5% 251% 1 shares Pleasant Polaris Mining 650 28% 3% ■ Pittsburgh Metallurgical commonPittsburgh Railways Co Scale 100 Jun 6% 1 Pneumatic Jan 37 % May 950 3 Vb 13% Piper Aircraft Corp commonPittsburgh & Lake Erie Valley 102 V2 72% 3% • Ltd Jun 3% July 41% 71 _ Pierce Governor common Feb 13 3,200 425 401/8 100 Pioneer Gold Mines 23% May 27% May 600 72% • common Phillips Screw Co Amer Feb 4 .2.50 __ 13% 41% 6% Mar 21% 250 .104%. 106 106 • Co Corp Pinchin Johnson Ltd Jan 5% 3% IlOO pfd Co 44% 44 ' —1 Philadelphia Co Phillips Packing May Jan 28 13% 13% : • com. (The) Circle Apr 39% ■— Pepperell Manufacturing Co (Mass)__2o Perfect Jan 350 — 27% ;3- -1 common Light 4%% Jan 18% Jan '• Electric class A Jan 15 5% 42 25 -25 $1.32 Corp 15% 1 I $1 cumulative preferred.. Pennroad Apr 2,200 6% 40% Apr 35 10 39 6% 42 Jan 15 % 2,200 18% % 39 6% 2 Apr 7% 1214 May __ is 4% 60% May 4% Jan 12% — — 18% Jun Jan x3% ■' — Jan 4% 23 • „ — 2% 49,400 5% 5 2 Patchogue 69 % May — 3% Patican Co Ltd Jan 65 .1 Apr Jan 95 24% 5% Parkersburg Rig & Reel Apr May 75 ' 3% _ 26% 13,000 -1 A Apr 103 12 Bol B 27% 25% 500 • Class Mar 27 375 981% 1 Bol __ Jan 100 ■- 25% — Company Co Pen 27% 25% 102 * t c v Corp 25% 11% j * (C A) Amer shs Motors Paramount 5,000 100 _ Pantepec OH Apr 26% 98% 11% • preferred Page-Hersey Tubes common 28% 26% 25% • pfd Jan 800 100 100 common Jun 27% 26% 27 102 —III Ltd Pacific Petroleum 30% 26% 26% « $4.50 preferred— preferred Jun 30 27% x27% 23 original preferred cumulative preferred 6% 4.88% 33% May 28% — Jan 27 5% Pacific Lighting 30% 1,800 ... . — 23 1st 32% 32% 32% 2% 2% 2% 900 3 Apr 4% 38,400 3% 4% Aug 50 17% 4% 4% warrants 20 20 • Corp Jan Jun 21 Feb Mar 16 Inc Feb 2% 17 Jun R Railway 8c Light Securities— —10 Voting common Railway & Concrete Ravtheon Manufacturing Class Reda 1 Co 1 Reis (Robert) 8% 9% 8,400 Rice-Stix Engineering — * Inc 3% 6% 6% 3% 3% 3%' 1,200 1 2,900 n — 27% 27% 2% —1 Richmond Radiator — 3% . .5 .. . ' Apr Jan 2% Jun 21% 11% Apr 7 Apr 6 Apr 300 1,400 Jan July 4% Jan 1% Jan Jun 29% Jan 29% Feb 4% Jan Mar 27 2% July Tllen Union (Texas Corp) v t 1 c Pendleton Inc pfd F~ —100 2% 2% 13,900 96% 2% 96% 20 2 Jan 2% July 87% Jan 97% July 36 — — • common- Jun 41 Amer dep 8 Field 3 Roosevelt Inc —10 Rotary Electric Steel Co Rowe (The) Corp common Royalite Oil Co Ltd Russeks Fifth Ave Ryan Aeronautical 16% • ■ — — ' 17% 300 Feb 6% Apr 17% Jun 27% Mar —• , 39% 45% 5,500 10% 44% 34% May 45% Aug 10% 200 Mar 10 --/* —1.28 —1 common 17% 10% 10% 10% 800 9 * 4% 4% 4% 400 4% Co Ryan Consolidated Petroleum Ryerson & Haynes Feb 6% May 16% JU . 14% 20s/« —£1 rets ord reg I common 1 17% 17% 2,800 4% 5 700 Jan 21% Apr Apr 8 Jan May 5% —•— 5 15% Jan 11 11 Feb Feb 4% May 6% 5% Feb Jan 14,400 24% 24% 1,300 100 7% Feb Co 4 Lawrence Corp Ltd Corp commonSapphire Petroleums Ltd Schulte Scurry Oils Securities Seem an Co Inc 38% 39% 2,800 34% Jun A % A 3A 5,200 % Jun • _ common—50o Products 3 Jun 1,800 4 Jan 2% 1,200 2% July 3% Jan 8% 8% 1,400 8% Jan 9% Jan • 8% 2 28% 2 2% 7,900 27 28% 1,700 Inc_ — 35. 4 1% 1 1% 15% 16 A , 8,000 400 300 1% July 13 « common 2% Jan 33 Jan 3*1 July 4 A July 1% 2% Mar 13% Apr Jun Jan 5 99% Jan 89% 72 Va 75%! July July May 3814 1514 x32 Apr Jan 7 13% Mar 200 37 37 — dep rets ord registered 3% • — —-. — ■ Apr 80 247 245 Jun 4 Jun 210% Jan 249 A Apr July United NJ RR & Canal -100 United Profit —28 H 13 5,000 Jan *2 July 10 4% 4% 100 3% May 4% July 13,200 38 % July Sharing common preferred 10% United Machinery Shoe 28 common S S Foil U S Co class 1,200 1% 1% 1 40% 38% • 8% B and International Securities- ~ . ' $5 70 13% 13% .100 Air U 38"% 3 8 Va 12 1 Specialities common Conditioning Corp__ U 38 % 37% 38% 28 Preferred United 1st preferred with warrants. 1 2 12 11 1 3 3 United Stores Corp common Universal Consolidated Oil _50c 10 Insurance Jan 75 89% Jan 6,800 Utah-Idaho Sugar— __ — _ 8 2% 100 1% Mar 81 250 38% 38% 150 3% 700 6 300 10 10 — 3 3 9% May 300 1% 74 74 33% May i74 .3 1% . Jan 1,800 12% 1 Reclaiming Co IV4 5,300 95 U S Rubber Apr 11% July 8% 87/s U S Radiator common 37 % 40 % 94% — 3,700 Apr Apr 25 % 3,100 Jun 45% Jan 40 13% 2 50% May Aug Apr Jan 9% Mar 95% Jun 14 Jan 5% Jan 2 Jan Jan 92 Feb 21 % July 22 Jun 37% May 42% Jan 3% Jan 6% Jan 72% 3 Apr Apr 12,000 9 2% 311 page 4*1 3 8% ht 5% 5% 5% 10 74 74 • Products — . ir _I00 Jan 3% • see Feb 1 8% _1 Ltd.. For footnotes 46% _• 1 common common Corp General Bros 38% 1 1 (D A) Steel — _ Inc B"'iUln _ _25c Savoy Oil Inc (Del) Sayre & Fisher Brick Co Schick 1 common United Feb Aug 9 United Molasses Co Ltd— Universal Samson 9 9 9 Universal Products Co common Bt 1% California— United Elastic Corp Milk Jun 25% 10% 24% ' United 12 Vb 600 9% • ' Aircraft Jan Feb Jan 1% 10% $3.75 preferred series A Omaha United Jan Rolls Royce Ltd— Rome Cable Corp common Co of 2% 5 % 1% 8 _ Union Stock Yards of Amer ' 8c Roeser Oil 1% Aug 20 y8 ..10c Corp Union Investment Rio Grande Valley Gas Co— Rochester Gas 8c Elec 4% Realization Unexcelled Chemical Corp Union Gas of Canada Jan 7% Mar 3% Apr % May 23 3 Jun 4% 3% 200 27% Jan 8% May 700 — 3% Mar 45% 5% U 21% July 25 Jan 31% ' —- 1 Co 8c Electric & Reliance 19 ' 800 —10c B Pump —. 200 45% 9 6.25 Regal Shoe Co 400 ' V- 22% 45% 45% mis . 22% 22% • common Reading Tube Corp class A 21% — —10 Pile, common. Raymond 20% „ 1 Utility Investment A. Rath Packing Co common 17% July Valspar Corp common $4 convertible preferred Vanadium-Alloys Steel Co Venezuelan Venezuela Syndicate Manufacturing -8 • I—. Petroleum Virginia Iron Coal & Vogt .1 ._ 1 20o Inc Coke Co_ L r<%< 10 • 6 — 20 80% 80% :26% 27% 300 17,%CV-9U16% 18% 15,400 80% 26%Vl -V • 42% 35% —; b->-•3.1 liiH. 4,500 4% 4% 4% 39'0a i 2,400 — - rr-a 5% Mar 75 July 85 Feb 24% May 27% July 10 18% July Feb 4% July 7% Mar 17% Feb 42% July 14% Jun 16V* Jan Number 5139 [Volume 176 . . The Commercial and Financial Chronicle . (447) 35 NEW YORK CURB EXCHANGE RANGE FOR WEEK ENDED Friday Week's Sales Last Range New York Cub Exchange ef Prices Shares Par Aircraft Co Low High Waitt Bond & Low Waltham Ward Watch & 2% May 3% 200 6 8 __ 1% 600 11% 100 2% 2% 9,200 5% 5% 5% 1% 1% 19,800 • 176 % preference Manutacturing Utilities $6 Western Homestead Western Maryland Ry 7% Western Tablet 176% 176% 5 1.25 pfd 5 • Oils Ltd 10c 111 1st pfd__100 Stationery i 100 5% • 32% 32% 100 30 Mi 24 y8 24% 200 Westmoreland Inc 10 Whitman (The) Williams Willson (R preferred x Wood Industries Woodley 15% 15% 200 14% 4% 6 8% 8% 6 700 600 11% 4 pfd 19 % 5y4 6 5 100 4 Apr 4% July 8% May 8,800 6% 11% 100 100 4% Jan 14 y8 deposit receipts 14 150 12% 100 11% Apr 14 68 1,100 26% Jan 78 % Apr " $30% 33 July 43% 6%s 1919 35 „Jan -July 3 3% 22 2% 4% _Jun e-Dec 3 y4 3 y4 7 2% 4% par (not n "Friday's bid and asked prices; sales being no transacted during week. current A Bonds being traded flat. § 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 certificates; "w i," when issued; "w w," with warrants; "x w," without warrants. Stock and Bond Averages Below listed the daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co. are on Stocks Bonds 10 Jan 66% 5s 41% —Jan-July Feb 14 66% 2012. Jan 12% 8 Jan-July 40% (Plan A)- 2% Government Jan 102 Mi 1 12 60 44% 1953 and value, a Deferred delivery transaction (not included In year's range), d Ex-Interest, (not included in year's range), f Ex-distribution, g Ex-stock dividend, h ExUnder-the-rule transaction (not ■ included in year's range), r Transaction for cash included in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. Jan 14 Ma 39 Mi Apr 41 y4 38% ~ High 42 30 — Low Feb 2 common to 7 Mi May Jun Jan. 1 No. Odd-lot transaction 12 Mi Mar Jun in 1997 stamped reduced principal. < 35 y2 1952; 2%% Jan Apr 3V4 25 38 % $43% Range Sine* Sold Apr Jun 11 y4 400 Bonds High July 8% 13% Mar 38% — Feb 3% July — 6 Feb July Ltd— (F W) American 25 — • Inc Petroleum Woolworth 21 Mi Jan 25 Lt 4% % Newspaper Machine Woodall 31 Mi Jun 22 V4 1 1 w & Pwr Jun 18 50 — • . Elec common Wisconsin 23% 50 Mar-Sepl 1921 "No e 37% Mar 18% — 0 common May 24% — 1 Inc Brothers Winnipeg 1 Corp Corp. C) & Co Products Wilson 5% As Co Oil Feb Friday's Bid ft Asked — Due Janeiro A5%s Jun 18 Mi — de Interest 2i& July 188 24% 18% 1 5 (Wm) River Wichita Wickes Mfg 113 Apr Jan 20 Jun 5y0 July 112 July 170 Coal Weyenberg Shoe Whirlpool Corp 188 Mi Apr 111% 9,700 — Rio ARussian 5% May l5/a Apr Feb Interest in thereafter. 2% Mar Westmoreland com Jan (Republic of) 2% Apr Apr 3% 40 2 May 1% 16 % Apr July 143 2,700 112% 113 Feb 4% July % Mar 100 1% or Sale Frioe Low July 107 Apr 1% 11 yl% 10c West Texas Mar 102 % — 1% 2% ■ Wentworth <Sc 100 7% 11% — warrants 2% — — 1 Knapp Inc series $6 — 1 30 Co v t c Baking Co Webb _100 preferred Last Period Parana stamped (Plan A)— Interest reduced to 2%s 2008 7% — Interest Exchange High 27/8 • Inc cumulative $2 ext Week's Range Friday BONDS New York Curb Range Sinee Jan. 1 Peru • ; Wagner Baking voting tr ctfs 1% preferred 1 ' W Waco AUGUST for Week Bale Price STOCKS 30 20 Indus- Railroads Second Indus¬ Grade Grade Util¬ 40 Stocks ities First trials Ralls Ralls ities Bonds Util¬ trials 10 10 65 15 Date Total 10 Total preference __ £1 Wright Hargreaves Ltd «... — 2% 2% Friday Interest BONDS New York Curb Period Exchange Last Sale Price Bethlehem Elec Steel Edison Boston Chicago Aug 2%s Transit 3%s Power 6s 3y4s June-Dec 1970 series 1970 A 102 y2 Quar-Feb 1998 1 2% May 50.24 106.94 98.77 1% 3% Apr July 29 278.57 102.95 50.25 107.25 98.68 100.56 96.74 98.79 98.69 30 279.24 103.52 50.37 107.61 98.78 100.54 96.86 98.91 98.77 July — 6,100 31— 279.56 103.82 50.55 107.85 98.87 100.54 96.95 98.96 98.83 279.80 103.81 50.51 107.87 98.92 100.37 97.00 98.93 98.80 Jan Week's Range or Friday's Bonds Bid ft Asked Low Appalachian July 4% Mar __ — 2% • 5% May 2% May July 6% •nv Range Slneu Sold High Low 33 101% 97% 97 Mi series revenue 1947-1978 of Lack & 12 N J 1st 91 95 Jan-July <93% Jfay-Nov A 1st mortgage 63% 64% 6 59% 65 53% 53 % 10 51% 58% Eastern Gas Elmira Fuel 3Mis & Water Lt 100% 100 >/4 5 RR & 1956 5s stamped 93% Western series A certificates Isarco A 70 — Nov Nov ex 1963 1940 1 Mi % $71 74 67 Jan-July Jan-July 73% 47 73% 58 55 60 75 1952 Mar-Nos 75 75 75 $30 at 4% England to Power —Jan-July 68% 1963 110 70 64 67 73 107% 112 19 76 112 April-Oct 3y4s 1961 May-Noe $78 103% 81 78 6Mis mortgage Power 1953 1st —Jan-July 3y4s mortgage 3s 1971 mortgage 103% 103% 98 Aprll-Oct Aprll-Oct 1968 Pennsylvania Water ft Power 3%s 1964—June-Dec 3V4s 1970 Piedmont Hydro-Electric A6'/2s ex Oct with A6M1S 1947 101% 104% mortgage (A G) Starrett Cerp Stinnes Jan-July 3y4s (Calif) 1970 Electric ft 101 101 % July 25,'52 Composite Manufacturing Durable Mi I 101% 75 70% Non-durable Goods 147 142 1947 -Waldorf-Astoria 102 100 s 260.5 + 1.4 254.3 226.6 224.0 + 1.2 228.4 117.1 116.7 208.9 207.9 +0.3 +0.5 117.8 210.4 115.8 199.5 288.4 281.3 +2.5 306.9 235.0 Trade, Finance and Service Mining Transactions at the New York Stock Exchange 61 99% 4 100% 102% $98 — 101% 99 Mi 98 3 100% 101% 101% 4 100 97% 2 102 V* 102'/8 2 $94 1,014,264 2,835,000 195,000 1,229,330 2,951,000 215,500 98 95% 90 90 90 3,176,500 3,590,000 1,225,070 3,380,000 210,000 2,277,000 204,000 Tlooo 2,498,000 5,552,083 $13,543,000 $1,109,500 $32,000 $14,684,500 94% 2 Total Jan. 1 to Aug. 1 197,079,825 280,563,490 .$98,050 8,538,046 5,552,083 $1,963,000 229,000 95 69 $75 Feb-Aug — 70 „ $30 73 U. S. Government $32,000 544,000 1,821,000 44,439,740 57,980,420 13,543,000 9,508,000 376,863,300 485,956,900 $14,684,500 $11,337,100 $421,945,090 $546,129,320 Bank Foreign 1958 $75 June-Deo 1956 coupon Railroad __ and Industrial— $30 —— Total Hotel— Power $8,000 1,109,500 International __ Co— debentures 1951 1952 1951 1952 Bondi debentures u>s* f 3,030,000 To"oo6 1,050,900 Stocks—No. of shares- 1946 1940 coupon Water $2,390,000 $5,000 91% 70 Sales Closed $285,000 102% 17 April-Oct — Wednesday Thursday Friday 89 90 Bond Bonds Int'l Tuesday 100 89 89 Government Bonds 102 94 $87 Total Bank Bonds $2,100,000 98 '/a 96% 96 89 — United States Foreign Bonds 103% 101% 101% 97% of Sharet 1,032,519 96% 96% Aug. 1,1952 Saturday Monday 100% ~5 96% Week Ended and Miscel. Railroad Stockt 102% 100% 100 y4 —— ApriZ-Oct Daily, Weekly and Yearly Number 101% 101% _ 111 Mi —June-Deo 4 105% 105 % Mar-.7mi« 196*-L_June-Deo , 3MiS 2 103% 105% 111% 111 Ma 15 110% 111% 101 102% 98 101% Transactions al the New York Curb Exchange Newspaper Union- conv 257.8 100 Jan-July 1968 West Penn Traction 5s I960 Western 192.9 Utility 150 $98 —— 1947 coupon 1953 1 1 Dec income +1.2 Week Ended Aug. 1 Service A 7s A 5s 190.7 Transportation 75 101% 101% May-Noe 1 1940 coupon 1953- 1 Aug A7s with Dec Washington 188.5 211.6 177.9 240.4 204.3 226.6 192.9 Goods + 1.3 __ Industries— stamped Electric ex Low 199.7 223.8 Corp— with Aug ex High + 1.1 104% — Aprll-Oct 3rd stamped 1946 s 195(2 4 * Change 197.5 226.6 Hydro-Electric Co— A6Mis July 18,'52 199.7 103% 101 1 147 — Jan-July 1970—Feb-Aug 3y4s & Bros 5s 1989 Inc 5s coll trust (Hugo) United 6s 98% 1 104% — 1971 3s (Hugo) A6 Gas Gas 2nd 103 102% 104% $30 — Feb-Auy Gas California Counties A7-4s 100 75 1960 3!/8s series D 1976 Southern Stinnes 21 101 y8101% 1960—dprfi-Oct coupon coupon debentures 1998 Southern A7-4s 80 2 103% 104 Mi $103 — 1981—May-Noe Southern California Edison 3s 1965 Mar-Sept 3'/as series A. 1973 -Jan-July 1st and ref M 3s series B 1973 Feb-Auff 2%s series C 1976 Feb-Aug Ternl of the common and by major industry groups compared with the preceding week, and with highs and lows for the current year are as follows (1939 = 100): Electric ft Gas Co— 50-year 6% Spalding 98 100 Safe Harbor Water Power Corp 3s Southwestern 2 SEC Index of Stock Prices Co— 1940 1 1 Oct 104% —— Jan-July Public Service 1st 43.37 Jan The SEC Index of stock prices based on the closing prices stocks for the week ended July 25, 1952, for composite 82 Nippon Electric Power Co Ltd— 1st „ 50.72 Sep IT Low Percent 70 Valley RR— 1st »'» h High 95 73% $56 liquidating trust ctfs Midland Ohio „ 48.65 102 72 $95 —— 1952 coupon Superpower 6s 1963 a till 48.60 71 99 $101% 102 y4 — —Jon-July 1958 A Italian Extended 1 1 Aug. Power Realization Trust— Italian New 49.67 Jan 30 45.06 May 48.46 $30 — June-Deo 1958 on) of deposit 1947 coupon 1 Saturday S 70% Hydro-Electric Co— with 7s A 7s A6 109% High Low Closing July 26 July 28 102% 107% Average Compiled by National Quotation Bureau, Inc. RR— market AEx-coupon 98.68 Bank— (coupon A 6s 6 % $75% „ —Mar-Sept & 98.75 July 31 coupon 3%s Power Guantanamo 100 $107% 109 — 1953—May-Noe 1953 .May-Nos 19*61 Mountain Green 1947 Residential Mtge Finland 5s 1 Nov ex __ Mar-Sept A6Mis A6M1S 53% Jan-July 1965 Marrelll Elec Mfg Co— with Nov 1 1940 coupon Ercole May 90.71 (35 Stocks) Date— 4s 100.50 Over-the-Counter Industrial Stock 99% Division— series A 1993 4s series B 1993 mortgage 1 102.39 High 96% Western RR— of /lug. 152 Authority— Lackawanna Delaware 277.94 28 103% 150 tl50 June-Dec July Closed — Jan. 1 No. 101% 102% 26 1959 Feb-Aug — $102 103% Daily, Weekly and Yearly Foreign Governments and Municipalities Friday BONDS Last Interest New York Curb Exchange Period Sale Prise or Bid ft Aikei A 20-year April 7s Bank Danish ._ of) 5Mis External 5s Interest AMedellin High -April-Oct _Jan-July 91 91 91 $88% 1 88% __ — — __ — 67% 91 — 7s to $63 June-Dee 67% 98 98 1 88% stamped 82 6 75% Jan-July 1958—Mar-Sep! $11 12 10% 13% $37 41 May-Noe $42 $63 May-Ron >" $58 !j — 33 May 1927) A 7s (issue of Oct 1947. __ Mortgage Bank of Denmark 5s 1972—-June-Dec $91 1947 6s 1931 ; 'j,It: — ** + $58 $55 - nI April-Ocf 1927) of Chile Bonds Total Bonds Closed $41,000 $22,000 $97,000 $34,000 230,580 30,000 8,000 10,000 274,020 45,000 20,000 25,000 90.000 18.000 42,000 89,000 48,000 Thursday 372,255 29,000 Friday 309.290 66,000 11.000 9,000 86,000 1,480,210 $204,000 $98,000 $108,000 $410,000 Total 42% Week Ended Aug. 1 1952 Stocks—No. X i T' fr. 63% ' »' *: £ "'mm—' ' ' ' w- 94 -• - v. • mmmm J M • Jan. 1 to Aug. 1 1952 1951 1,480,210 shares. 1,537,690 $68,182,042 62,140,373 Bonds $6,874,000 $15,304,000 245,000 6,581,000 6,782,000 33.000 3,242,000 1,502,000 $410,000 Foreign corporate $264,000 98,000 108,000 Foreign government $542,000 $16,697,000 $23,588,000 'V f rnmmm ;: . — 68 1951 $204,000 of Domestic June-Dee Mortgage Bank Corporate 234,065 ——— 37 42 — 1" — of Bogota— (issue of — Monday Tuesday 82% June-Dec 2008 1951 A 7s - 98% 82 May-Nov 2y8s Bonds Shares) Wednesday stamped (Plan A)— reduced Mortgage Bank A LOW Feb-Aug 1955 1953 Danzig Port ft Waterways— AExternal 6Mis stamped 1952 ALlma City (Peru) 6%s stamped Maranhao Saturday Jan. 1 No. 1,1952 Government Bonds — Valley 7s 1948 ' Cons Municipal Loan— External Bold High (Col)- 1946 A 20-year 7s Jan 1947. Bogota (See Mortgage Bank ACauca Rang* fTntn Week Ended Aug. Foreign Foreign Domestic of Bonds Friday's Low Agricultural Mortgage Stocks (Number Week's Range 58 85 „ Total „ tCorrection—The 58 91 this column last week. volume for Tuesday, July 22 was 245,060 shares, not 245,160 as reported in ^ The Commercial and 36 Financial Chronicle . . . Monday, August 4, 1952 (448) OTHER STOCK Boston Stock Sales Week's Last Range of Prices Shares 100 Tel & Rights — • Woolen American 60 Anaconda Copper Boston Edison Boston Personal Boston Calumet 48% — — — com__• Fuel Associates & Eastern 1st nrefered Inc.._ Lines • * National Stores General Electric Safety Razor Co Gillette 1 1 new Hathaway Bakeries Island Creek Coal Co Lone Star Cement Corp.— Maine Central RR 5% Butte North & Tel Tel Webster & Fruit United United 6% Shoe Machinery Waldorf System 64'A July Jan 33% Mar Apr 10 % 29% July Jan Co Feb 48% Apr Jan 13% Jun Jun 13% Mar July 111% Mar Feb 14% 50c Jun 99c Feb 17% Feb 20% Jun July 6% Jan Mar 20 23% Jan 28% Apr 34 Jun 38% May 44 Jan 64% Jan 45 % 27% July 25% 12% 89 22% 12% July Mar 35 41% July Apr 75% Jan 33 Jan 37% July Jun xll 175 406 10 Apr American Champion Paper Cincinnati Gas Electric & Detroit — common_8% 38% 21% Mar Jan 16% July 5% May 18% July 24 29% July 75 100 20 16% 29% 20 30 38% 38% 149 5% 5% 6% 73% 72% 73% Jan Jun 110 5% 25 25 Railway Cleveland & 5% Apr 40% 37% May 5% 219, 24z Crosley Tel Apr 7% Apr Feb Mar 3 Formica Ins * __ Gibson Art * — ——50 • 36% * Lunkenheimer 1% 13A 30 23% 47 25 19 May 25 Jan 40% 34 May 50% Jan 49 12 47 Jun 51 Jan 45 46 % Jan 36% 15 194 44% July 36% 31% 37'/a July & Gamble Procter U. S. 15% 66 % * 5 * Rapid Printing common- Jan 21 15% 15"% 66 66% July 25% Mar 15% Aug 62 % May 18'A Mar 21 4 5 768 68% 10% July Apr 13% Jan 12 24% — — 12'A 25 75 334 21% May 32 49% — 50 Preferred 21 — 1 : 49% 123 49% July 50% May Mar Unlisted Stocks— —* 1 38% Airlines American Cyanamid new 10 52% American Radiator ,* __ American Telephone & Telegraph—100 Allied Stores — __ ——. ; — 154% Rights — Anaconda Mining: Avco 38% 13% 1 50 53% 100 52% Aug 16 16 , 75 15% Feb 153% 154% 2% 2-ft 47 47 256 331 50 151% 2 32 16% Frankenmuth 42% May 55% 38% 40 213 35% May 19 20 672 17% May 7 7 249 41% - SteeL Canadian Pacific • — 25 — Chrysler Corp Cities __ 25 79 10 Service Columbia 52 Gas — —__ Col & S Ohio Elec 5 __ 52 52% 35% 36% 78'A 79 102% 103% 140 Light 7 5 du Pont Electric __ Auto-Lite __ 6% Jun 7% 48 Apr 54 33% Jan 40"% 85 67% Feb 79 Electric Motors General _ S International Harvester National Northern 60% Lakes * 35'A * Cash Pacific 100 8 __ Oil Ohio 56% Packard * Pennsylvania RR 33% Pepsi-Cola Oil Pure Radio 5 20% 50 Feb Apr July Feb 35 % Mar 90% 50 81 Apr 91% * Corp : • 9% . 56% 5 Jan 47% May 50 % Mar 54% Feb Schenley Industries 1.40 • Socony Vacuum Southern Standard 15 Co Brands Standard Oil Standard 5 • (Ky) Oil Standard Oil (N ___10 J) 7% May 13% Jan 59% 59% 3,272 1,019 3% 3% 3% 100 3% Jun 5% Jan 2% 2% 2% 200 2% Feb 3% Apr 1 2% 2% 3 674 2% Jun 3% Feb 4% 157 4% July 6 4% _ _ 13% Jan 7% 7% 765 7% Feb 8% Apr .12% 15% 15% 135 12% Feb 7% 7% 700 7 Jun 7% 4% 800 4% Jun 6% Mar 1 % Apr •15% * Car __ _ _ 7% 1 _— _ __ Motor Wheel __ Elec National Motor Weld Jan 39% Jan 2% July 2% Feb 2% 2% 530 2% Apr 3 Jan 23% 100 23% Jun 24% Jan 19% 19% 175 18 % Apr 19% Jun 3% 3% 700 3 July 3% Jan 2% 2% 850 2% Apr 3% Jan 2% 3% — * 5 % * 43% W) 3,607 1,316 3% 150 17% 17% 100 16% May 19% Jan 4% 4% 390 4% Mar 5% Jun _2 1% 1% 410 1% Jun 1% Jan 1 _ Co & 1% 1% 2,100 1 % Jun Feb r common ._ — Feb 60 Va 32% July 36'A Aug Jan Jun 60% Mar 25 65 Feb 94 3 33 Jan 34% Mar Mar 54% Feb 125 4% Apr 73 17% Apr 60% Apr 5% May 20% see Daee 45 Jan Jan Mar 2 Sales Range for Week (Un)_„ Dye Shares Inc 26% — ' I San 77 - . High Low 25"% May . 2% May 69% Jun 428 4b 12% ,v Apr 10 22 98 a__ . 28y2 May 50 a2% 15% 16 *. : Apr 300 13% a2% Jan 29% 3% 77 ' 53 17% 35% a— Jah May Jun Jun 27 ' .. — 15% Mar 16% 140 39% May 49% Mar 153% 154'A __ 845- a44 a45% - ' Apr July Jan 2,291 a67% a67% Co <Un)__v* Smelting & Refining (Un)_* American i, a34% a34% __ 1 .-_ a76% a77% 13% 200 \25.,_ . . a28% a28% __ * 1 < a51.% a52% j A a52% 25 (Un)_„. , a3% • (Un)— Light St 26% Range Since Jan. 1 • High a3% * (Un (Un) & Radiator & Araer Low 50 Jan * • __ American Tel & Tel Co American Viscose 100 _ 154% -25 • Armco & Co (111) Atlantic Avco __ 10% Apr Baltimore 27% 27% 110 25% Jun 32% 46% 46% 20 42% Feb 47% July Jan & Ohio Railroad Petroleum Bros Corp 41 34% Jan 40% 14% 2 12% Jan 14 % July 25 % 25% 51 23% Mar 25% July 39% 39% 10 38 % Jun 40% Feb 73% Apr 85% 47% Jan Boeing Jan Borden 391 May 41% Jan 10% 262 298 a34% a34% 45 495 .ia'34% 7 / __10 ■ 7 ■ Jun 12% Mar 89% July 32 % Jun 35% May 6% Jun 7% 50 10% Apr 11 22% 370 18 % Feb 24 2.90 3 1,075 2.75 July 16% ■ >16% 16% 250 15% May 900 25c 790 8 a 10% 35c 35c _20c 8% 8% 8% 50d I v. 1% 1% 1% • Ca52% a51% ■ _ 9% 74% Mar 22% al0% / —1> $ y common Co 38% Jan 100 May 1% Jun 195 48 Va May 11% Feb Mar Jun 4% Mar 18% 80c 11 1% Jan Feb Feb Jan Jan 41 % July Jan 36 89% -13 Benguet Cong Mining (Un) 38% 14% 36% 55% 10% Barnhart-Morrow Basin Oil Apr 38% (Un)__ -100 Co Feb 26 42% May 3 (Un) Baldwin-Lima-Hamilton Jan 165 179 89% -.10 (Un) Manufacturing Corp (Un) Refining Feb 67 29% 5 (Un) 157 Apr 46% 50 (Un) Atchison Topeka & S F Jun 61% 29 v Copper Mining Co (Un)_ —50 —10 Steel Corp (Un) 151 46% $9% Anaconda Bandini 8% Mar (Un)t^ Corp (Un) American Woolen Co (Un) • 38 81 136 50 Jan 44 44% 88 43 Jun 48% 11% 11% 50 10% Jan 11% July 57% May 6814-July 40% 40% 110 37% Apr 42% 41% 41% 41% 25 35% Apr 41% July 10 Wool worth Week's , 1 distribution Jan 43% 43% 44% 51 42% Apr 45 Va 66 & Airlines Apr __ Par (Un) Allls-Chalmers Mfg Co 68% 42% • 600 1% 1% Last Jun 12.50 Steel Westinghouse 1,427 13% 1 Corp Chemical Allied 28% 42% • 15% 9% May 1% Feb 12 c i Corp Alleghany Jan 80% Union Carbide Jan 12% Jun 13 11% Angeles Stock Exchange ^ Apr 5 3% 346 3% 12% Sale Price" -of Prices 59% — Edison Jan 12 f 1 a.: STOCKS 23% 81 Toledo 16% 100 13% July 3% Jun Friday (: 1 __ Jan 11% 298 13 1% Los 50 __ 2% 13% July 244 1 common May 13% 1 Radiator Mar 4 14% 3% —11 Corporation 57 Jan 2% 13% % 13 _1 __ _ July 43 14% 10 common Manufacturing Superior Tool & Die 4% 43 _ Co Sheller States 5% May 4% May 5 % 43% 3% * common_ Manufacturing Scotten-Dillon 35 -1 _ Prod (Fred B) United 1% Apr 200 9 Brewing Udylite 200 665 2% 1 _ _ Car Metal (H 1% 35 % 2% 10 _ _ Davis Prophet 1% 35% _1 _ Stamping Pfeiffer Apr _1 ~ National Peninsular 15% July 23% _ Corporation Murray Feb _1 _ __ Products Screw Jan 19% 10 .. (S Sj_ Masco 4% 1 _________ _ Drug 140 25% 6% Mar Apr 9% __ 6% Mar 13 65% __ 59 % July 50 % Feb 145 26% 10 ♦ For footnotes 7% 13% 65% 25 (Ohio) Timken R B 8. 7% * Bethlehem 65% 67 95 Jan July Steel Corp (Un) Bishop Oil Co Diamond Corp Airplane Chica Oil Company 4: Company Burlington Mills Corporation..' — 5 10 -III (Un) _ 562 8 1,080 4% 4%'- a53 % /" t'W*.1' a 74% 8% 8% * (Un) 13% 36% 1 —1ST (Un) Byron Jackson Co— 53% 13 I3 1 (Un) Borg-Warner Corp (Un) Broadway-Hale Stores Budd a • 7% —2 - Blue Bolsa U. Jan 7% 13% 26% __ Jan 8% 17 65% 27% Jun 25% Apr __5 __ Barker Sinclair 56C Apr Jun 26% 9% Feb 22% 63% July 50 55% 60 36c 195 5% July Feb 33% 20% 200 25'A 14% Motor Kinsel Rudy 3% May 56c 25% 6% Lansing Stamping Jan 14 4% Feb 56c • -1 Feb 35 %- 35% 56% Jan 2% 16% May Power 20 % 3 400 2,441 Chemical Can Co 77% 40% July 3% July 100 3% 125 American 34% 37% Mar 3% 3% 745 American 34% 229 3% _ 800 Armour Edison Ohio Feb 15% American 1 18% 15% Jan 56% 14% May -2% Jan 56% Jan 405 Manufacturing Kresge Co Parke Mar 6% 17% July 77% __ 40% Apr 24 Apr 5% 5% 24 125 15% 10 Jan 23 17% 112% 35'A 300 _10 <16% 34% Jan Jun Jan 8% 100 9,239 5% : —2 Jun 5 9% 23% Jun 6% __. _ Jun 98% 8% 6% 7% May 5% Bearing & Jan 75 - 6% Manufacturing Ball 14 239 100 450 8% Feb 5 Lamp 21 60'A 108% July July 6% Corp & 50 49'A July 3% common Oil 216 63% 108 79 * Gerity-Michigan Graham-Paige 14% 58% 10 5% 8% July * .___1 __ 23% 62% • Motors 108% 56c Industries 14% 49% 5 General General 36% July 15 % __1 23% 90% 26% Jan 40% — Co_—_— Manufacturing Gemmer Ex Dayton Power & Jan 35 5% 1 Trailer Wood Gar _ __ 23% Mar 120 16 24 100 23% 15% 1 __ Chemical Friars Fruehauf Admiral Bethlehem 297 . Jan 40 6% 380 25% 36% 8% _2 _ _ Brewing Jun 20 T„_ 78% 36% H 0 00 23% 1 _ _ Jan 157 % 2% , Jun 47 Jan 18% 8% July 68% Feb Jan Jun 3 * 100 37% July 55% July 16% —_—50 —10 Oil 8% Jan Jan 8% 40 % July 35% May 12% Apr 38% 13% 52% 1 Armco Steel Ashland Feb 9% 20 Wayne Screw Products American Jan 17 5 _ Manufacturing Eaton Rickel Magnavox Nav Detroit Steel, Corp Jan 49 __ Kroger 76 45 10 Kahn preferred May 1% July 70 23 40% 1% 6 Motors Eagle Picher 33 % 210 5% -__1 Packard Cincinnati 250 17% 8% Stove Kaiser-Frazer 20 Apr 37% High 27 5% 24% 6% 1 _ Edison Detroit-Mich Ironrite Jun 24 50 Street Cincinnati 5% —10 —* Carey Low High 20 __ 1 —_______ Range Since Jan. 1 16% 29 24% —-—8 Brummell 350 ' Hudson Shares 20 Laundry Baldwin Beau 1 108 % Houdaille-Hershey for Week Low 6 % 25% ___1 ' — __ Howell Electric Motors Range 15% July 78% * Motors Bros Davidson Hoskins Sales of Prices 12% May 8% __ I—— preferred Continental 1,096 17% 10 _ Jan 13'A 37% — _ _ Jan 14% 6% ♦ — _ 3% 3 250 _2% Paper High Mar 2% July 13% Apr __ » Corporation $4.50 Hoover Cincinnati Stock Exchange Last 13% 36% Great Sale Price . _ Co of Amer Consolidated 14 * ___ Adding Machine—_— Chamberlin 13% 3 1,836 . 1 _ Low 107 3% 3 137/B —2 — Range Sinee Jan. 1 High 2% _i._l Big Bear Markets Briggs Manufacturing Burroughs Hastings Par Products Rubber Baldwin Hall STOCKS —1 Metal American Low : Economy Baler 56% Mar 25% 12 40 Week'a Shares Jun 29% — Friday for Week -3% Brewing Detroit Jan 17% 425 1,271 1,200 41% 67% Electric Altes 22% July 11% 107 50 67% Allen 21 % Mar 17% May 37% 41% bales Range of Prices Par i , Chrysler 37% — Feb 10% — — Jan 112 38% July 37% July * 12.50 8 Inc— Feb 91% Jan 38% 61% Jan 39'/8 5 ;— W'estinghouse Electric Corp Petroleum Feb 40 60% 38 % — Week's Sale Price Apr 41'A July 25 25 common ——: — 23 41% 40 85 278 38% Jtn 102 30 32% Exchange Last STOCKS Jan 5 5% Detroit Stock Jan 44% 70% May 200 56o 40 62% 53% Jun 24% 50 19 28% 32 % 31% Jun 33% July 240 5% — Jan 9% 1'°16 —19 28% — 5 • Co_ U S Rubber Co new. Woodley __ — 15% Apr 30% 498 13% 13% 109% 110% 21% 21% 61c clc 20 20-a Jan Mar 54 % 100 • - - preferred — Jan 113% 34% Mar 10 210 * Inc Drill Twist Union 75 l9^ 21 13% 110% * Co Torrington 329 12% 10 20% 185 81% — 2.50 Drug Co Association Shawinut Stone 34% 12% 28 Apr 38 *2 — 2.50 50 Mining Pennsylvania RR Rexall — Hartford—100 Haven & New — 6 20 100 England Electric System England — 1 Racing Ass'n Nash-Kelvinator York — 100 • preferred Mathieson Chemical Corp Narragansett \ -• 10 937 WOodward 2-5525 Friday 40 Exchange Exchange 7% July Jan Apr 13% 900 161 1,379 281 29 29 /8 111 111 46% 47/a -- 22% 41 A 63 /a 31% Stock DETROIT Telephone: - 40% 40 Midwest Ford Building 7% 96% May 55 22% 40% 62 /« 31% 9/8 33% New York Curb Exchange Jun 7% __ 45 Detroit Stock 49 % July 24% HO 791/« — 500 Copper Kennecott -- 63% 121 Stock Exchange Jan Jan , 30 350 1O0 10 40 — 56 New York Jan Jan 1,188 44 — 100 • B Steamship Eastern 100 Jun 37 45% 13% 2j9c Apr 116% ^ series A pfd 6c!o c<: — Feb 42% May 251 /8 J Members 157% Jun 25 , 49% 48% 13% Mass Street Ry— New 2 3*2 105 27 % 28 0% 8 /a 1°3 103 — 10 Service Gas New 30% 46 % 7/8 — * -5 Trust Prop Hecla & Eastern New 28% 45% Jun 38,970 119'f 1^°1/ — 100 $50 paid Stamped First 2& *150% 3,923 Elevated Railway— Boston Cities — 100 25 RR Albany & 30Va 153% 154% 1 High Low 21/8 154% Range Since Jan. , High Low Par Tel Watling, Lerchen & Co. for Week Sale Price American 1 Exchange Friday STOCKS EXCHANGES WEEK ENDED AUGUST RANGE FOR Jan 15% Mar 9% Jan 36% 247 4% 1,550 32% May 4% Jun 50 50% May 52 Feb 62% 74 July a53%'! a75!' 160 8% 1,550 13% 203 Jan 7% May 36% July 5% Jun 8% July 14% Apr 18% al8% 190 15% May 19% Jan 23% 500 22 25 Apr 13% a Jan 7% July 53% 23% 13% Feb Jan < Volume 176 Number 5139 . The Commercial and Financial Chronicle . . (449) OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED Friday STOCKS Week's Range of Prices 8ale Price Canada Atlantic Oil Canadian Pacific Case (J I) Chesapeake & Ohio Ry Co Gas Commercial Jun 26% July Drug Inc Rheem Mtg Co 47% Jan 51 Rice (Un) & (Un) of N Oil A Y (Un) Bond Electrical Exeter Co & Flying Garrett Share 2nd Feb Shell 16% Jan 21% Signal Oil & Gas class A 250 (Un) 33% Jan Sinclair Goodrich F) 11 May 14% Jan 13 Apr 16% May 7% Jun 15% Jan 19% Jan 8% Jan Southern Calif 67% July 56% Jan ouittnein Cahf a8 % Hancock 23% Illinois Oil Jones Alum b'/c 253 July 26 Mar 9% 330 9% May 12 Jan al2 25 12% July 21% 285 80c 1,700 57 %c 12 320 121 29 8 25% 25% 25% 285 30% July 8% July * 33 Aug 13% 17 42% Jan Union Carbide & 72% Julv Union Oil of 88 80 25%. 26% 25% 14% 85 200 50 1.50 1.45 1.50 a3Sm35 % 47 18% 47 66 % Lane-Wells Co 1 (Un) Jan 15% 2,785 11 24c 4,100 291 1.75 27 50 45 1,410 a81% a81% 65% Martin 13c McKesson L) (Un) & Merchants Robbins (Un) Power & Light (Un) * Monogram Pictures Montana Power Motorola Mt Inc Co (Un) 36% 48 Diablo Co 2% 27% 27% 1 2.65 (Un) National Distillers National Gypsum 50 16V National York Nordon North Corp Amer North 48c Northern Pacific Northrop Ohio Edison 6% RR (Un) Gas 1 1 Co & (Un) Elec common red 5% 4.80% Pacific 25 1 _ Lighting Corp Motor Pan American World Paramount (Un) Pictures Radio Corp of RKO Pictures RKO Theatres Remington Republic Republic America (Un) (Un) Rand Pictures Steel al3%al4% 5 a25% a25% a26% • 41% 40% 41% __ .74% 83 37% 38 9% 10% I 17 Steel Feb Ball & Bearing Equipment Mfg Jun Feb 365 15% Jan 43% 160 38% Mar 41 41 525 35% 43% July 41 July 9% 9% 44 44 160 8c Cli ' 8c 9,300 see Allis-Chalmers Airlines Rad.& Jan American Tel & Tel Co Jun Rights Anaconda Copper Mining (Un) Armco Steel Co (Un) Armour & Co (111) common Mfg Jan 44 Jun Jun 12c Jan Apr 23% 34% July Jan 21% Jun 23c L Week'* Feb Oil Associates Jan & Sales L0V t Shares Range Since Jan. 1 aigh 1010 Hi°h 700 49 % 27 28 Va 400 16% 16% 200 25% May 15% May 7% 7% 100 Apr 9 7% 7% 100 7% Jun 8% Jan 8% 8% 200 8 Jun 9% Jan — 8Vs 4% 3% —" — 1 Stand for Week ef Price* — —0 __ (Un) San (Un) 13% • — 100 154% — 50 :— 10 4% 39% Jan 59% Feb 92 % Mar Topeka & Santa Athey Products Corp Apr 15% Jan Automatic Washer 2.10 Jan 5.00 July Avco Corp 34/8 2% July 24% July 51% July 34 Jan 52 July 12% May 16 A Jan 16% Apr 157% Feb 52 500 13% 600 15% 16 4% 2,600 153% 154% 15% July 4,500 2% 151 4,300 46% 300 38% 10% 10% 10% 19 20 1,600 76 76 90 90 39% July Jun 2^ July 42 May 35% May 900 5 Jan 3% Jun 2(i Jun 55% Jan 41% Jan 9% May 17% May 12% J»n 100 76 July 76 100 74% Jan 92 400 . 23% Mar Jan Jan Jan 900 __ — Apr 500 20 10 Jan 16% 400 51% 2& Jan 30 4% 13% 46 64% 3% 1 Investment 7 July 27% 3% 27 5 Refin 4% 4% 6,115 124 ^ Atchison 22% July 2 Fe Mfg Co 300 7 Apr 8% 1% 2,050 1 Jun 2 Jan 7 7 600 6% Jun 7 A Feb — * 1,848 32% Jun 35% 210 31% Jan 33 % May 120 28% Jun Bendix Aviation Corp Benguett Consolidated Mining Bprvhoff Brewing Corp 293/s 7% 1% 330 25% Jan 100 24% Jan 26 Mar Bethlehem 52% Jan Binks Manufacturing Co Booth Fisheries Corp Borg (George W) Corp 42% 450 May 43% Jan 18% 18%, 18% 400 16% May 21% 5 Co 54'/a 54% 54 Vb 100 46 53 /a Jan Jan — 210 26% 26% 26% • a5l% a51 Va a52 % all% ail% all% 5 5 5% 501/2a|£ 605 20 9% 1,500 Jan 14% Apr 5% May 4% Mar 41 Jan 10 35% Mfa 7% 1% 3 Bastian-Blessing July 7% 3 323/4 Beldpn .— —4 34% 293/a com__50 — Co 25% Steel Corp (Un)-lp (Un)___ 1% 6% 1 * — 1% 38 Apr 1% 1,700 5% 6% 1,250 4% May 7% Feb 51% 52% 500 46 A May 54/8 Jan 17% IA Jun l /4 Mar 17% 17% 16% May 19% Apr 5 14% 14% 14% 300 12% May 16 10 17% 17% 17% 700 15% Apr 18 Jan 74 July 14% Apr 35% Jan 1 50 July Borg-Warner Corp 10% 10 10% 223/4 a 20 Va 223/4 68% a68% 20% 20% 10 12.50 10 a37 a37% *, 59% * 60 a30% " 695 26% 250 Jan 20% Jun Wit 89 263/4 27 a3% 30 54 469 20 20% a3% a3% 423/a 233 ♦ 14 14 14 500 61% Jan 13% Feb — 29 29 100 29 — 18 18 V. 200 15% May 19% Jan 36% 33V. Feb Pnmnanv Jan Si' Mdy Jan 28% Apr 3% Apr 4% Jan 18% 4 . Jun :Feb 39% Apr 4 '* Jan Illinois 1 111 $1.50 Cherry Light Secur conv Co Chesapeake Chicago Pacific & Corp common- preference..— __ 39% 19% Ohio Milwaukee — * (Un) St 1 — 5 25 Corp common Ry 5 — 700 2% 200 2% 50 18% 18% 39% 39% 19% 19% 4 2% Jun 40% 2% Jan 2 Feb 2/2 Jan 200 16% Apr 36% May 1,000 19% July 400 - 200 3% 19 July 39% July 19% July Jun 4% Feb 27% 27/a 25 26 A Mar 28 k July 9% 9% 100 9 /8 July 12/8 Mar ' 35% 35% 35% 300 33% Jan 36% May 20Vs 20% 400 15% Jan * —— 21 20% 21 ^ 500 19% Feb 24Ma. — —— July ——— 1 ' Apr & common , 4 July 20% 1 Paul 37% 2% 2% _ ZZ 8erv_---IIIIZZIIIIIlO Burrell Corp Chicago -l-i 43% Jan 25 —t Brewing Central in Pub Jan 5 (Un) 50c 20% July < Pacific 1 Central 35% Mar 53t/.- Jun ManufacturingIZ""~-8 Carr-(!onsolidated Corp ^"naY%BR^TthgW^P6orr-:::: Centilvre Jun ilv laD ,68% Apr ilt (F) Canadian \V/2^r July 23% - 86 42% 300 Central 104 a3% 61% Mar J? 61 490 3 3/4 74 Burlington Mills Corp 37 51 60 a3% Apr 34 /a May 40 320 210 a 70% 74 Burkhart 51 a31 1 _A 67% May 17% 74 Jan 380 41% 41% 11% 5 ■Rurtrt 9% May 823 a653/4 a663/4 • 1:" 10% Apr 6c 50 % 1 32% • page 45. 8% Mar 42% 27 -* American Feb BP" — For footnotes 365 Apr 49% 50c ______ 55 % __50c Feb 15% 8c 10 (Un) Allied Laboratories 25% • 11% 43% __ 1 Jan 17% Aug 23Vs 11% — Roller Gas 32% May Feb 38 16% — Jun 29% 15 Jan 92 Jun 11 % — 5 Co Akron Brass Alleghany Corp 3% May 21% 1,865 July 42 97/8 July 23% 375 __ 5 July y 27 12% July 10% May 12% Range Laboratories Affiliated Feb 63 13c Jun 37% Aug 50 12% __ - Jan Apr 28% July 20% Jan 70% Jan __ . 5 100 18% 1,176 Jan 5% 23% May 37% May — 1 Adams (J D) Mfg Co Advanced Alum Castings May 408 13% a23Vn a23Vs __ * Apr 4 00 3,000 119 320 1,319 . 33 33Va Jan 25% Jan 950 __ * 0 Par 67%cMar 78% 25 4% 302 Friday 11% 35 50c (Un) (Un) 237 6»le Frlee 50 1 (Un) 28% Acme 29% 45% July 119% Mar 28% Feb Jun Feb al37/a * Jan 67V2 July 28% Apr 24% May 250 2 06 34% 36% 315 38 19% 57% May 119% Mar 5Vs 10 Jan July 64 29% __ Jan 4% Jun 16% Aug 20% Feb 4C0 , 5 10 23% Jan 15 3,784 all7all8% a33% a33% 28% Abbott Feb 42% Jun 20% July 27% Mar July 16% 67 41% 24% Jun 4 390 a65% a65% Jan Jan 13% 25 15% 5% Jan 43 15 (Un)_l m Jun a34 Va a34% * Corp 19% 900 Jan Jun 18% July 23 208 al8% al8% 60 107% 19% Feb 328 20 4% Mar Jun 21% 16% Apr Jan 39 Feb 13% 130 4% STOCKS 1,650 33yac (Un) 53 107% Feb 2,705 28% 10 78 4% * ; 19% 24% 33% 32% May 135 27% 16% „ 10c 76% —1 Phelps Dodge Corp (Un) Phillips Petroleum Puget Sound Pulp & Timber Pullman Incorporated (Un) 20 __ al8% ' 55% 50 267/a Jan May 31 A compilation of the round-lot transactions only. 29% May 267/8 Mar __2.50 122 16% IR 1/ Jan 14c • (Un) Penney (J C) Co Pennsylvania Railroad (Un) Pepsi-Cola Co (Un) Pure Oil Co 34 1 Car 1 com Co 25 common a58% a59% a21% a21% 1 al3% al3% 25 25 _____ Pacific Petroleums Packard Mining 10 preferred preferred Indemnity Pacific 13% 9o 27% 12% 210 76% a 510 a21% (Un) 22% _"25 preferred Tel 22% 8 preferred 5% % Gold Ashland -100 Co 32% a34% a35% a22% a22% 12% 2.60 13c 10 Aircraft Oil Pacific (Un) 38% May a22% Jun 5R3/q ' 20 16% Jun Jan Midwest Stock Exchange 65% July 20 . Apr 28% 10 Jan 59% May 100 a2l% a21% 1 43 Jan 1 American 1 Jun 24% 50 278 (Un) 42% 372 al3% al3% 25 .42 50 all8% 5 Jan 198 28% all3%all3% 1 "jan 2% July 395 — Co Union 81 28% al3% __ July 89% Mar May 20% __ 64 78% Feb 1,706 __ 25% July 74 395 10 -Rfl* 27 f.65 34. 85 80 Feb Jan 112 26% • 80 Jan 1.15 May 34% 300 20% (Un) Aviation Inc American Oceanic RR a84% a85% Jan 50% 1,707 14% July 85% July 66% Aug Feb 23 199 62% 33% July 20% Mar Feb 300 >76 26% 10 Central Western Feb 24 % July 18 % Jan 40% May 50 20% 1 62 32% Mar * Jan 31% Western Air Lines Jun 28% Apr 1 25 Mav 100 (Un)__* Supply New Corp Co a25 a25% 62 49% 32% J 9% 200 5 Prod May July 560 ¥ Nash-Kelvinator 3,378 32% (Un)_* com) o 12% July 1.35 76 _. 27% 370 63% a 65% a 12% Jan 667 66% Jan July 90% 18% 2% a65y8 328 14% 85% 62 430 (Un; Zenda Apr 85c 90 a35% a35 % —3 Feb 21 Aetna a35% Apr 15% Feb a41% a42% __ juv 800 * (Un)___* (Un) Pictures Jan reb 982 50C 1: 50c 1 Montgomery Ward & Co Inc Bros Jun 74 10 50c 31 31 365 14% __ 10 25 Va 110 a39% a39% 1 100 233 16 __ 5 Westinghouse Elec (Un) Willys-Overland (Un) Wool worth (F W) (Un) 6% 2,025 11% 1.35 —18 Petroleum Minnesota 11 1 32% 33% 38% Van Jan Jan Jun 20% New common 30c Jun 24 Va al6% al6% 1 Co (old 36% 26% 15% 2 common Jan Jun }2% 12% Oil 21% Apr Jan 32% 5 (Un) Warner 41 1,694 Cons Apr 23% 37% Kamp's Baking Va-Carollna Chemical (Un) 17% May 90c ? 17 3* 122 10 Corp Jan 18% Mar 4% 60 a7% 85c 23% 1 (Glenn Oil a7% 90c * (Un) Mascot a24% a25 Va 1 (Un) Magnavox a25% 10c ; Calif 47% 21% May 191 63% a84% (Un) 16% Jan Jan a48% a48% 4% 4% a48% 25% 33% 62% 1 35% Feb %-j-'23 Ve Universal Jan 73 J/2 July 31% May 44% Mar 15% Mar 2.90 May 20Va Apr 16% 105 575 23c 7 Co Corp Carbon Gas Corp (Un)___. United Paramnt Theatres U S Rubber United States Steel Corp Apr 16 Apr 125 265 18% 23 50 2,404 25% a25% ( "3113% United Aircraft Corp (Un) United Air Lines (Un) United Corp (Del) (Un) Jan a32% va32 % 10 ■—50 Co Union Pacific RR 35% Jun 1.40 14% 10c al8% al8% 35% 35% 83% 1 Feb May 30Va July Jan 1.65 17 700 18 15% 84% Jan 66% 1 Jun 12 Jun 3,901 .,'>^18 a75 y4 a75y4 L__l Co 756 2.00":2ilO 18 42% Feb 187 21 (Un) 3% Apr 47% July 40% Jan 1,279 14% 25 United al6% a!6% (Un) 23% Apr Mar 108% Mar 37% 38% Co. Tri-Continental Corp Truax-Traer Coal Co July 52% 11% Mar al47/8 vral5 33'/ac Jun 48% Mar 1,205 2.00 (Un)—• 2% 115 T,$12 'Un)_* common 150 May y4 a54% • Corp 36% July 59% a28% a30Va 100 Ltd Jan 8% 85 Jun 46% 37% __ • Twentieth Century-Fox Film 15 25% 10c 16 May 84 Feb July *5 203 11% 46% 308 50c Products 16 30% Mar 36% 6.66% r Jan 500 a70% a7i % 2% ,2% 5 1 ■ 420 ~Hi.5 a 53 Aug .16 al5" 79% July 53 Jan 22% May 57% July 7% Mar 35 1 Texas Company (Un) Texas Gulf Sulphur (Un) J33 36% »..■ 11% July 191 135 25 TreeSweet 400 57% a8% 1 common Textron Inc common ■li; Loew's Inc Corporation 14% 1 Libby Oil 48% July 59% July 11% 57% __ * 63 % July 63% & (Un) (Un) Feb 16 1,080 a8% __ Feb 25% 21% 9% May a78% a78% 85% 85% __ 10 i Inc Apr 2.50 Aircraft Ohio Webster Studebaker Corporation Feb 11% 35% 15 50 32 Va- al8% ' 25 (Un) 41% A Canada Petroleum (Un) J) 54% a8iy4 McNeill (N 164 Corp Copper (Un) Lockheed (Ind) Co 01 Swift & Co (Un) Syivania Electric Prod (Un) 22% May 21% __ • 375 1 Lincoln Co Calif 1,075 * Libby & of Co -59 a62% a63% a30!''8 Jan __ • 48% 1 (Un) Land Stone May July 85c Aug 12 Feb 33 46% ♦ Sunray 410 May 1,915 Kaiser-Frazer County Feb 8>/4 2% 24 * (Un) 23 Apr 19 30% • Jan 25% May 19% Jan 2 (Un)__ 15% Mar Apr 350 8 Kennecott Kern 24Vb 30 * preferred conv Jan 24% 8 3 Chem Co 58% (Un) 16% 100 __ A___25 Company 48% (Un) 300 Apr Standard Oil 80c a71 Tel Jun 350 10 ; of & 26% al2 ___* Company Laughlin Steel & Kaiser Feb cl Corp __5 — International Tel & Intex Oil Co Jade 22% 9% (Un) Co 150 pfd Tidewater Associated Oil (Un) Timken-Detroit Axle (Un) Transamerica Corporation Trans World Airlines Harvester Nickel Pacific Railway Standard Brands Inc 24% * RR Iron International Inter Southern Southern Oil 33 32% 20 25 6% Petroleum Jan- Oil 20 Feb 19% a27% a27% __ 25 Gas Jan 24% Standard aG3% 29% __ 5 46% • 700 400 21% com__25 Co 42% * Intercoast Petroleum Interlake Southern 77 80c 10% 32% __ 1 Ltd Co preferred a44% a45 Va 21% Edison * j. Central 4.56% Standard * common class Inc 9% Aug 74% July 11 Feb 32% 15 : preferred Standard Oil Corp Development Company Foods 7% May 24 Calif 4.32% 19% Apr Jan' (Un) Co 165 24 Southern 90 Hotels Holly Hunt Oil 10 24 50% May (Un) Feb . 150 Apr Inc Co 540 63 Co 53% ■ Aircraft 15% May Grumann Aircraft (Un) Hilton oucony-Vacuum Oil Jun 300 23% 1 Ry preferred Corp 34% Feb 80% May (Un) Corp Northern 32% Mar 33% 14 % a8 % (Un) Graham-Paige Great Greyhound 31% May Corp. 1.24 Aug 10% __ 15 30 (Un) <Un) (B 115 933 Oil Feb __ 1 — Co 260 — McBean Co July Oil 18 % • Gladding Feb 13% 24 1 Telephone Glidden 34% 55 .100 1,879 70c __ • 55 ;__5 72% 5 21 . 165 9% 70% * 22% a8 24% Feb 71% 1 May al5% al5% (Un) Corp Co Company 14% July a89% a90% common preferred General Finance Sears Roebuck & Servel Inc (Un) 19 a66 5 Jan 32% 1.40 32% a8 A Corp Paint Seaboard 5 (Un) 6% 26% May 5 (Un)— 175 a63 % 4 Co (Un) 5% May 36% Aug 18% 2 Motors Feb 14% 10 Light Lines General Paper 330 a58 % a58V« Co & General Foods Regis 10c class General St Jan 250 13% 14% 50c & Co Electric July Solar 1 Corp ueneral 4% 5'% Jun 385 16,100 5 14% a63% com Merchants Bank Tiger 79 113% July 150 28 1 36% 34% * Power Aeronautical Safeway Stores Incorporated 20% a58% Products Oil Florida 785 5 Railroad Farmers 5 1 Emerson Radio & Phono Erie 235 5 ___ B) & Feb Jun 28 1.20 36% Mav 20% 5 1 High 12% Mar 27% __ • 21 1 Nemours Corporation Schenley Industries 103 a32 % a32 V4 1 (Un) (Un) Ryan Oil 5 Low 690 97%c __ 1 36% 50c (Del) Richfield 26% Range Since Jan. High 1.15 1 Co Shares 25% __ 2.50 :. Oil 20% • (Un) (Un) Corp Eastman Kodak Electric 68% 99% May 36% 25 (Un)__. de May * (Un) (Un) Co (Allen duPont Jan 19 133 Ranch 14% Industries DuMont 34 104 4% 1.33 Vb Air Continental Motors Class 363 (Un> Co 7% July 35% ♦ Inc (Un) Vultee Crown Zellerbach Dresser 79% 103 * Iron Edison Curtiss-Wright 35% 5% May 10 15% Mar a20 % a205/a a 10 System a7s/8 Jan a78y2 a79% 1 (Un) Edison Continental a7% 25 Consolidated Engineering Consolidated Grocers Consolidated a7% 14% Jan for Week of Prices Low 1 Rexall Apr 26 80 25 Solvents Consolidated 40% 82 100 Sales Range Par Reserve Oil & Gas Co Apr a55% a57% 15'/4 15 V4 1 Commonwealth 8 rep a26 % a26V4 ; Climax Molybdenum Fuel High Jan a57% Clary Multiplier Columoia 5% 34 a26y4 _1 Chicago Corp (Un) Chrysler Corp Colorado 1,855 * I 1 Co 175 37 % Week's Last Sale Price 25 (Un) Aircraft Cities Service Low 6 Va 36 V4 36% Friday STOCKS Range Since Jan. 1 High 6'/a 25 Tractor Certain-teed Products Cessna Low 2 Ry Co (Un> Co Caterpillar Shares 1 for Week Last Par AUGUST Sales 37 U !■< The Commercial and Financial Chronicle 38 . . . Monday, August 4, 1952 (450) OTHER STOCK Range :"1 ■,> ;-Vv Co 102% 102% Coleman (The) Columbia Gas Crane Finance Corp class du (E I) 24% 25 250 24% Mar 14% 14% 400 14% 16% 32% 32% 2,600 33% 33% 100 31% Jan 36 36% 1,300 34 y4 Jan 36% July 8% Jan Rlchman 9% 8% 400 300 32 11% 11% 11% 250 10% May 90% 80 200 24% 24% 100 22% May 44% 45% 300 42% 47% 44 44 200 15% Apr 15% 15% 300 13 16 10% 300 Box Corp Electric Co General (Un) General Finance Corp common Corp Foods General General Corp Motors General Public Utilities (Un) Telephone Co Glidden (Un) Gray Drug Stores Instrument Co Werner Bartlett Spencer Hupp Corporation Huttig Sash St Door Central Illinois Indiana Steel Products Co 63% July Southern Co Pacific 800 7ye Jan 47% 1,600 41% Apr 47% July Southern 59% 1,200 50 Feb 59% Aug 24 500 21 Jan 24 Sparks-Withington Co 6% Spiegel Inc 32% 6% Apr 33% Jun Standard Oil 6% May 9% Jan Standard Oil 33% Mar 29% 100 200 „ 100 30 Va Standard Oil 36% 100 34% May 42% 40 y4 May 47% Jan Standard Railway Eq 8% 350 7% Mar 8% Feb 2% 100 2% Jun 3% Feb Sterling Aluminum Products Stewart-Warner Corp Jan 13 100 12% 19% 650 16% 500 16 Feb 12 Apr 22 V4 Jan Bunray 54% 300 51 May 58 Va Jan Swift 5% 850 5% July 6% Jan Texas July Texas 28 500 21% 22% 25 450 23% 300 July 19% May 10% 10% 100 28 22 % 23% May 9% May Jan Toledo 11% Trane Co Feb 17% 100 16 y8 Mar 17% July 39% 150 38% 42% 3% 3% 200 24% 24% 150 24 y4 July 26 Jan 75 75 100 56 Jan 75 July 18% 18% 800 18 Feb 19% 13 18% 17% 39% 397a 13 Feb Apr 34% May 200 Feb 3% July Apr 12 50 37% 37% 3 Utilities Aug 24% Jan 25 v Jan 16% Jan 37% Mar Thor Edison 35 Jan 41 46% 200 40% May 10% 100 10 y4 50% 50% 200 43 18% 500 1,200 4 (Un) 4% 15% 8% 91% Mar 80% 81 900 73% May 85 Jan 13% 300 13 % July 15% Jan Jan Tri 13% 100 13% Jan 15% 19% 19% 800 18% Apr 20% 9% 9'% 9% Mar 10% 38% 100 32 29% 29% 400 33% ' 550 Feb 39 Feb Jan May 1.800 20% Jun 24 Va Apr Continental Apr 32% 31% 32% 2u0 31 Apr 35% Jan 58% 59 400 53% Feb 60 Jan Jan 38% July 16% Aug 38% 38% 100 32% 14 13% 14 350 13 5 2 11% 11% 800 10% Jan 11% July 28% 28% 28% 850 22 % Feb 30 Jun 5 Inc 20 19% 20 800 19 % May 23 Corp Jan 208 So La Salle St Corp Mar 14% Jun 3% 2% 2% 600 2% Apr 16% 16% 200 13% Feb 16% July 53% 1 1 • 53 % 200 50 Jan 53% July Jan • 65% 66 % 400 57% Feb 67% July 10 28% 28% 200 25% Apr 33 % 1 5% 5% 400 4% Jan United Paramount Theatres com (Un)_l 13% 14 1,100 13% Jun 25% 26 40 41% 4,800 11% 11% 50 28% 28% 40% 41% 27% 27% 100 25% July 29 Va Jan * 13% 13% 13% 900 11% Mar 14% Jun 70% 70% 70% 1 70 73% Mar 9% 9% 500 8% Feb 13 Carbide Union United United Carbon 8c Air Lines Inc (Un) (Del) Corporations (Un) 5 41% • Corp • Works 47% Jan Walgreen Co Jun 14% Jan May Feb White Feb 18% Jan 10 * 12 Va Westinghouse Electric Corp 50% Jun 18 18 17 Va 17% 17% 39 39 39 15 300 23% Jun Jan 5'/4 Mar Jan 21 27% July 37% May 42 Va 11 Jun 13% Mar 200 27% Jun 28% May 1,800 35 % Feb Jan — 41% 1 Co Motor Wieboldt Stores Inc common May 41% Aug 21 Apr 25 38 Jan 40 19% 25% 100 1001 185 24% 24% 29% 29 % 50 4% i 900 29 V4 May 24% May 600 24% 200 Jan 27% July 36% May 6% Mar 42% July 6% Jan 20 July 22% Apr 8% Jan 9% Jan 20% Apr 29% Jun 4% Jan 14 Jan 35% July July 37% Feb 46 50 44 Jan 47% Jan 1,878 2 Jan 48 40 647/a 64% 387/a 38% 38% 100 9% 9% 100 7% 7% 300 200 34 Mar 68% May 38% Aug 8% Jun 7% July 18 Apr 7% July 40 Jun 66 Va Jan 38% Aug 13 Va 9% Feb 21% Mar 20% 1,400 10% 11% 1,100 10% July 11% Aug 51% 200 39% May 51% July 7% 100 20% 800 7 18% Jun 9% Feb Jan 21% Jun 16% 17 200 15% Apr 17% 22% 22% 300 19% Jan 22% July 11% 11% 100 9% Jan 11% July 11% 11% 3,200 39% 1,050 10% Jan 34% Mar Jan 11% Mar 40 Jun 17 38% 16% 17 550 15 Jun 34% 34% 200 33 % Jan 56% 56% 100 64% Feb 60 % * 14 14 100 14 14 % Mar 1 8 Ohio Oil Co (Un) Ontario Manufacturing Co Packard * Motor Car (Un) 1 1 Jan May Jan 115% July 115% July Sales Range for Week oI Prices Shares Low • 39% 100 Tel ft 154% 38% Securities Baldwin 337/a Apr 150% Jun 5% 1st Feb Jun 1,536 3*2 July 285 15% Jan 17% Mar 25% 26% 628 21 Ya Jan 27% 10 Va 10 Va 10% 410 9% Feb 11 Va 3% 3% 50 3y8 Apr 4 3 3 Va 105 2 Jan 3% Mar «... * 3 2 Jun Jan May 12% 14 658 10% Apr 14 Jan — 14 14 130 13% Feb 14 Va Apr 25 79% 78% 79% 290 68 Feb • preferred 7% 6 Feb 8 Va Apr 25% 13% .100 Budd Company • Chrysler Corp Curtis Publishing Co common Delaware Power Electric General Motors & Light Storage Corp (Glenn 1,105 24% 225 22% 41% 41 42 257 40 60 58% 60 Va 16% 17 Va 90 9% 231 8% Jun 18% 18% 58 14 Va Feb 20 Jun 11 Va ll7/a 235 9% Jun 14% Jan 13% 13% 13% 264 127/a Jun 14% Apr 28% 28% 29 % 1,262 26% Feb 29% July 20% 20 20% 3,216 17% Feb 20% Jun 52% 52% 55 351 50% May 67% Jan —— • 5 Gimbel Brothers 5 40 Va 41% 125 437/a Feb 30 30% 1,776 37% July 28% Apr 18 18 60 18 Jun 18 Jun 4% 5 504 4% Jun 8 Jan 6% 7% 1,089 6% Jun 9% Jan Jun —— L) Pennroad Corp Pennsylvania Power ft Light Pennsylvania RR Pennsylvania Salt Mfg . 6% 9 10 * 1 : 79 % July 77/a 24 13% com Battery Lehigh Coal 8c Navigation Lehigh Valley RR Martin 2 £3 i\ 17% lc Baltimore Transit Co common 2 39% Aug 157% 25% 10 13 Corp Corp High 200 2,650 17% • Baldwin-Lima-Hamilton LOW 39% 153% 154% 2% Arundel Corporation Atlantic City Elec Co Range Since Jan. 1 High 18% — 1 • 50 10 2,217 Apr Jan May 43% Mar Feb 60 Va Aug 49% 15% May 18 Va July 9% Feb ' Pennsylvania Water & Power Co * Philadelphia • Electric Insulated Phila common Wire * Phlla Transportation Co common Participating preferred Philco Corp Public Service El & Gas 30% ■ • 20 • — — mmmm ■ — - 30% Feb $1.40 preference common 3 33 32% 33 735 26% Jan 33% * 25% 25% 26 Va 642 24 Jan 27% July • common 27% 27% 27% 221 25 Jan 27% Apr 4% 5 5% 9,100 9% 10% 1,000 22% 22% 100 13 y4 10% 22% 13% 100 6 5 Penn Controls Inc class A 10 18 17% Pennsylvania 50 20% 20 Va — 9% 6 6 400 18 100 20% 16 1,600 500 Feb 4% Apr 34% Mar Apr 30% Juii 5% May 9% Apr 22% July 12% Apr 5% July 11% 17% 22 Jan 20% Jun 10% Apr Jun 17% Mar 8% Feb 30 15 8% Jan 100 ZaVa Peb • 29% 573/4 29% Scott Paper common 58% 173 49% May Scranton-Spring Brook Water Serv * 14% 14% 200 13% Feb 58% July 14% Mar Sun 2 33 %c Week's Last July 39 34% • Oak Manufacturing Co Edison Co Ohio $1,000 Jan 51 11% 115% 115% 24% Aug 28% Mar 3% Apr 11 64 17 14% Jan 92 34 7% Apr Par 20% * 750 20 12% —1964 American Stores 400 19% 150 Friday American Tel 11% 38 20% 11% 12% Sale Price Jan 46 77/a 12% stocks Feb 35% * com—8 • 67 50 7% 17 Jan 14% Feb Philadelphia-Baltimore Stock Exchange 8% 7% May 19 Apr 150 77 5% 3%s 17% July 250 7 Tel & July Jan 16 8% 46 Tel % May 17 8% 10 Corp 9 8% Mar 800 11 Jan 14 »/4 Bonds— American Jan 250 25% 11 Va 12% 10 16% May Jan 15 10 20 750 * Co 13 17 8 Co.. Machine 12% 17 Jan 5Va Publishing Yates-Amer 10% Jan 49% ; Jan 77 1 4% Apr 4 18 19% .• (Un) July 3% May preferred $4.25 Jan Jun 7% 4 91 Vs 14 7% 20 Jan 300 14% 19 % July 25% May 42% 500 15 1 Apr 8 500 8% 10 45. Jan * 8% 450 15% 15% —5 : page 75 2,550 Trav-ler Radio Corp World 3% 50o North Amer Aviation (Un) see 100 -25 15% 200 44 44 2.50 Mfg For footnotes 85% 16% 200 79% 4 3 (Un) 84% 21% 4% New York Central RR (Un) Pepsi-Cola Co 63% July 15% 79% common RR Feb 20% 300 * • • Jan 50% 16% Jan Co common Jan 3 Mar Dehydrating and Mill Co.l Peabody Coal Co 10% Jun 90 21% 23 * (Un) Apr 2% 36 1 11 $3.50 preference Paramount Pictures 8% 100 5 (Un) 18% May 70% May common Parker Pen class B 93 100 2% 26% May 13% Apr 800 Fuel (Un) Pan American World Airways Mar Feb 8% 100 29% 18% 18% 1 10 * Bancorporatlon Aug 38% 38% Jan 18 % May Modine Northwest 85% 62 -1 Apr * 7 1 * (Minn) Feb 14% Aug 13% Jan Brewing Co Power Jan 27* 19% .5 Apr 4 Illinois 60% May 40% 2% -5 16% 1 States Jan 13% 27% * Northern Jan May 12% 81 300 « Northern Jan 5% Mar 84% 100 common Co Apr 62 350 Midwest Piping Miller 8c Hart American 47% 90 10 Middle South Utilities— & 19% Mar 8% 18 6% Tile 36% July Jun 90 32% 9% 4 * 1 National Feb 15% 300 18 Co Co 32 200 85% 32% 10 Metropolitan Brick Inc Meyer Blanke Co Mickelberry's Food Products Standard Jan 1,650 16% 85 22 6% National May 15 85% 500 41 % Natl Alfafla 90 34% 23% 25% Nash-Kelvlnator Corp 20 Va Jan 13% Mar 22 23% 5 4 Muskegon Piston Ring Co Muter Company Jan 80 500 • 6% new 11 10 50 Jun Wisconsin Bankshares 41% Inc 550 90 14 35 % Feb Willys-Overland Motors (Un) • Motorola 19% 4% Feb Marshall Field ft Co 8c 58% July Feb 42% Jan Lindsay Lt & Chem common Ward Jan 50% 100 27% Libby McNeil 8c Libby Lincoln Printing Co common Montgomery Jan 17 300 300 25% 10 * Co 20% 58 4% 22% May $2.50 preferred Chemical Jun 13% July 46% 25 y4 May common Mississippi River Mfg Co Jan 18 4% 100 .10 25 Monroe 16% 100 — 400 Co — Laclede Gas Co (Un) — Minneapolis 100 700 Jan __ 24% Laclede-Christy Inc 19% 19 % 15 90 — 26% 33 %o Portland Cement July 50 Apr 111/2 May 24% Feb 57% 19 Va — 24% Kropp Forge Co Co Jan 8% 14 35 16% 46% 26% 1 Lam son 8c Sessions Co 45 43 15 — 10 Co 43% July 7 2,400 Jan 18% Co Inc Co 36% 31% 10% 8.75 & Transport Copper Corp Leath & 31% May 200 45% 1 1 • 1 10 Landts Machine 3,400 38% 9% Chemical Kelley Island Lime 11 19% 19 Ye 14 • Katz Drug Co Jan 200 45 45% 10% 19% —10 (Un) 45% __ * 1 (Un) Co (Un) Laughlin Steel Corp Monarch 35 % 38% 3.50 Interstate Power Co Jan 39% 9% Airlines World Trans 35 50% Jan 6% Apr 600 Co • 10% Jan 44 32% 1,600 (The) Harvester 5 Jan Jan 550 36 14% U S Rubber Co * 44% 45% 10% 5 Van Dorn Iron Kennecott — 4% 11 20% July 5 24% Co U 8 Steel Light 35% Apr 38% Corp Jan 8c 38% May 2,200 5 35 — —1 (The). Co Jan & 500 5% 42 . 2% Apr 8% May 14% Co 8c 37 Power 18 % 100 37% (Un) Corp 51 Kaiser Alum 300 — 25 Oil May Iowa Illinois Gas & Elec 300 8% 20% 42% 24% Machine Tool Sundstrand 43 Iowa Power & Light 4% 8% 20 42 * 30% Jun (Un) 4% __ 14% Sunbeam Corp 17 27% 25 23% Btudebaker Corp 19% July Feb 700 International Tel it Tel __ Stone Container Corp 11% Jan 54% (Un) J 20% Apr 100 1,800 12 18% N 14% Jan 18% May 5% 7.50 * Apr Jan 100 31% 250 (Un) 28% 4 25 15 California 45% 11% 54% 15 Jan pfd.100 2 conv of Indiana 47% Ltd—., 23% 24% (Un) Co of 31% & Chemical 900 2% 46% International Paper Medusa Aug (Un) 31% Packers 27 * Bend Lathe Works Bouth 9% 9% May 47% International Mineral 26% 15 5 6 Bocony Vacuum Oil (Un) Feb 31% International Koppers Jan Jun 54% 18% 12 • International Nickel Co Kansas 2% 2. 1,000 • International Jan __ 1 Clothes Inc * Co 68% • Corp Steamship Co Inland Steel Inter lake Jones ft Oil Brand 2,400 187/a 1 Indianapolis Power 8c Light Sinclair Society 16 100 • RR Independent Pneumatic Too] May 60% Jun 52% Jan 8% 5 common July 10 Feb Corp Steel Strapping Co Bignode 2% 2% 3 2 25 1 Corp E) 8c Co (Walter Hibbard Bhellmar 12% Apr 63% 13 Corp new common—10 Brewing Co.—— 1 Harnischfeger Helleman (G) 100 Corp class B common 36% 1 1 Halllcrafters Co Hammond 2,550 31% 25 Gulf Oil Corp 69 100 1 6 1 preferred conv Serrick 45% 2 Brewery Western 10 59 6% 3 (Un) Greyhound Corp Griesedieck 100 Wfl ffRUtQ Dredge & Dock Cooperage class A———* Great Lakes Greif Bros 66% — 5% , 58% 8% Feb 66% — Co & 23% 1 * * (Un) Graham-Paige-Motors Jan 9% Mar 32% * Co (W Hi Gossard Jan 31% __ * Roebuck 47% 36% 131/2 Apr 42% Aug 5 10 9% ——* Apr 39% Mar — 2'/a 59% 24 Feb 10 29% 300 * Co 62% ——* _1 & Rubber Co Goodyear Tire Jun 39 7 9 20 1 * Corp Gibson Refrigerator Co. Gillette Safety Razor Co General 65 59 5 1 • 1 * 5 ——5 Transportation General Amer ~9% 48% 100 100 42% Securities Invest Co of St Louis com.10 Jan 10% 10 600 41% 1 Bears Jan 11% May 11% July 44 11% Four-Wheel Drive Auto 62% July 60% uya 42% common—• Public Service A Bangamo Electric Co Schwitzer-Cummins Co Jan 44 Brewing Corp 1 Flour Mills of America Inc.—-—-—5 331/2 31% 59% H3/8 10 National Stockyards Louis St Regis Paper Jan 24% Falstaff General St July 6 91% May Co Bros St Louis Feb 13 */4 45% & 37% July Jun Feb 31% 59% 2.50 • (Un) Joseph Lead St 33% July Jan 4% 2,150 6 5% 90 • July 1 (Un) 27% Jan 9 10 Mfg 5 Radio & Phonograph...——.-5 Emerson North Jan 33% 6 Rand (Un) Republic Steel Corp (Un) 38 Ve Apr 8% — 33 % May 100 __ 5 50c • Remington July 32 33 Ve 5 Manufacturing Co Raytheon 7% May 300 "8% 1 300 1 (Unl Corp Pictures RKO Jan Mar 33 Rexall Drug 7% 100 33 % 8% 32 Jun 30% Jan 33% A 37% 32% • America <Un)___ Radio Corp of 33% Mar 36 High 36% 32% Jan Jan Low __ * • (Un). Co Eaaf* Since Jan. 1 High __ * Co Oil Pure Low 1 of Indiana com Service Co Pullman 24 V2 Aug Controller Knapp 25 14% de Nemours (Un) Eastman Kodak Electric Heller 18% Mar 32% Air Lines Eastern Hein 40 800 10 Corp Mfg 200 21 Va 10 (new) Domestic Pont 41% 25 1 Curtiss-Wright (Un) Dodge 53% May. 41% July 20 * 1 Company Deere & Co 84 Feb 24% Corp Continental Motors Mar Jan 5 Co Power Steel Car Co common... • 25 1—25 (Un) preferred $1.32 convertible Consumers Petroleum Pressed Public 29 Co Inc System Commonwealth Edison common Co Phillips 49 »/4 Feb Share* 3 —* Corp Jan 26 % 41% 1 Inc 51% 113% Jan 80 50 400 51% 51% Feb Philco 79% July 68 y4 200 for Week 12% Phelps Dodge Corp ADr 104 Jan 97% May 20% July 1,100 2,100 82% 82% -1 Bronze— Graphite Foods Clinton 22 21% 22 1 4%% preferred —100 Cleveland Elec Ilium Co—* Cleveland 79% 787/a 79% 10 — Cliffs Iron common Cleveland 94 105 Sales Range of Prices Par High Low Week's Last Sal* Pries Range Sine* Jan. 1 High 98% 100 * 25 Chicago Towel Co common Chrysler Corp Cities Service of Prices Share* Low Par STOCKS for Week Last Sale Price ■; Friday Sale* Week's Friday STOCKS EXCHANGES WEEK ENDED AUGUST 1 RANGE FOE • 83% 84 Va 224 79% Jan 95 4% 50 Reading Co Oil Co United Corp United Gas Improvement 1 13% 84% 5 — Jan 5% 325 Jan 5% July 32% 494 30% July 34 % Mar 115% 115% $20,000 115% July 115% July 54 Apr 5 30% Mar Jan Jan bonds American 3%s Bait Tel conv & Tel debs wi Transit 5s series A Co 1964 1973 4s . 53 Va 1975 59 ,54 10,500 48% Jan 60 3,000 53% Jan 60 Juljj Number 5139 [Volume 176 . . Commercial and Financial Chronicle The . (451) OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED AUGUST 1 Friday Friday Week's Range for Week Sale Price of Prices Par Allegheny Ludlum Steel Arkansas Gas Nat • Co Fort Pitt Joy Star National 14% 127 16% May 14% July 8% 955 7% May 21% 21 Va 21% 480 18% 18% 50 1 8% 8% 8% 33% 33% 29 % 1 Jan Jan 22% Jun 16% Jun 21 % Apr 7 Jun 30% 20 29 9% Jan Jan 33% Aug May 32 Jan 38 Mar 35'a 35% 12 34 % May 26% 26% 52 25 y8 5 5% 5% 5% 1,360 4"% Jan 5% Feb 2% 2% 1,050 2 July 2% 32% 32 v2 50 32 July 35% Jan 51% 52% 105 43 Mar 53 % July 9% 275 31% 31% 27 80c 85c 27% Jan Jun Bolt — 25 10 Corp 51% * Corp 9 9 3 Co 1 80c * : 4% 10c Standard Steel Spring Engineering & Hilton of Calif class a— Co Hotels Corp ♦ Alloy Steel Westinghouse Air Brake 11 Jan Feb 36% Apr 40c 637 Jan 85c Jun 4 % Apr 5 Feb Jan 15c Apr 22% Feb 24% Mar 225 18% 12c 11c 245 24% 17% 18 V. May 27 Jan 5,500 26"% 100 16% May 24% Jun 25% 25% 26% 874 24% May 27 41 40 41% 902 35 41 % Aug __ • 26% 10 Westinghouse Electric Corp 24% 8% May 12.50 26% Apr • (Un) Holly Development Co Holly Oil Co (Un) Honokaa Sugar Co Foods Idaho (Un) Power Jan Week's Sale Price Par Tel Abbott Laboratories Alleghany Corp Allied Chem & • a77 % (un;— Limited American Can (Un) Co Car & 3% 5 1 • (Unj a77% a77% 12.50 Foundry (Un) Radiator & Stan San • 52% 13% 50 High 60% Feb 3% Jun May 76% Apr 51% July 105% Jan 16% 105% Jan Jan 475 74 28 % May 35 % July a40% a40% a40% 13% a34% a34% — 40 34y4 Jan 42% 12% Apr Jun & Tel (Un) com 33 %o • 5% preferred Corp Tel Tel & Kansas Power Kennecott & Light Corp 1 County Libby McNeill & Lockheed American Woolen Co Anaconda Copper Mining (Un) Macy & Co (r h) (Un) Armour & Co (hi) Atchison Top Atok-Big (Un) Avco Mfg Santa Fe (Un) 514 Corp (Un) Jan Baldwin-Llma-Hamll Baldwin Corp (Un) Securities (Un) Beech Aircraft Bendix May 54% Jan Apr 35% Feb May 43 39"% July 10 10 May 75% 32% 12% Mar Feb 91% Jun 8,683 1.05 July 3.00 • a6% 122 6% Jun 7% Bethlehem Steel Boeing Airplane Borden Co Co 3 3 100 1 al5% al5% a52% a54 v4 52 y4 52 % Portland 52 y4 10% May lOo Utilities Ward 5 (Un) National Distillers Natomas Company n Central rr y (Un) Packing Oceanic Oil Canadian Pacific 1 Olaa Sugar Oliver Case i) (j Caterpillar Celanese Co & Jan Pacific 15% July 46 Apr 175 4% Mar 15% July 52% Jan 5 % % 5 7o 6% Eureka Central 4.807c 5 % a36 a34% a36% July 162 33% Jun 35 53% 155 50 y4 Chesapeake & Ohio Ry 10 53% 8% a Jan 8% 500 13% al4j/a 27 13% Feb May 7% May al7% al8 260 17 v4 23% 23% 636 4 100 Apr pfd Chi Mil St Paul Preferred 5 2 26 26 26% 6 6% 1,150 37 36% 37 rr 485 18 Apr a26% a26% Inc Co Fuel Co 1st Broadcast System cl Columbia River Packers (Un) 8 Commercial Solvents Commonwealth 37 May 25% 20 Jun 27% May 57 45% 112 39 48% 1.50 1.60 900 1.35 Feb 1.95 May 35% 35% 535 36% July 23% Mar 48% 1.60 Apr 20% a21 70 44% a 33% Apr 19% Jan 44% 416 39% Feb Consolidated Chem Consol Edison of y Crown 102% 103 % 372 100 Jun 180 34 Apr 35 88 July 5 107 Jan Feb 100 21% 205 55 9 Apr 21 July 31% Feb July Apr 21% Jan 39% Feb • 9% Jan Jan 34 34% Mar 63 180 62% July 72 34% 569 33 July 35% May a58% a58% 1 64% 34% 15 50 58 Jun 17 y4 Apr Apr 19% 8% 12% Preferred 90 Feb 136 8% 11% 85% 85% 58 % 58 134 58% a8y2 10 84 1,149 . Jan 62 a8% 48% May 99 Jan 20 102% 102% 1 7% 200 ' 85% 6 * Curtiss-Wflght Corp (Un) Giorgio Fruit Corp cl^ss Doernbecher Mfg Co Dominguez Oil Fields Co (Un) Dow Chemical DuMont du Co b) (e de i) Lab 19 2.85 2.75 2.85 30 30% al22V2 al22% al24 • • common (Alan Pont 19 a com__5 15 class a Nemours 10c al5% al5% 5 89% Electrical el Products Natural Paso Emporium Eureka Ewa 90 y2 Food Machinery & 7% May Jan Feb 64 Jan 58% Aug 102% July 9% Feb 109 15% 2.75 1,400 Feb Jun 482 \ 28 Jun 128 107 May 21% Mar 3% General Electric General Foods General Motors General Paint Conv Gillette Golden 2nd May Chem Corp 10 Pacific (Un) • (Un) Corp Corp 11% * (The) common common Goodyear Tire & Rubber (Un) Great North Ry non-cum pfd Greyhound Corp see __ • preferred For footnotes __ 5 common Ltd 63% • page 45. __ 1 — • • (Un)„* 3 series . , Jun 20% 60% Feb 92 29c Apr 100 Jan Mar Feb 46c 30c 300 4% 4% 43/8 1,800 2.05 34% 34v4 35% 939 33 Va 250 250 31% 31% 31% 50 21 20 21 700 13% 13% 13% 1,324 13% 13% 115 5% 5% 1,410 34% 357a 9,650 32% Jun 36 32% 3278 569 Jan 33% May 29% 29% 358 307a 28% Jun 30 Jun 27% 27% 26 3A July 28% Jun 25% 25% 500 243/4 Jun 26% 267a 2,278 25% Jan 26% Apr 26% Mar Jan • • 30c 30c b 5% 20 a 25 35 100 ■ __ 200 31% 14 5.00 July Jan 34% Aug Jan Mar 275 May 31% Aug Jan 21 Mar Aug 13 V* May 17% Jan Feb 14% Jun Jan 6% Apr 100 11 Va 5 Public Tel 267a 329 257a 51% 455 Feb 100% 100 100% 90 • 16% 16% 1674 347 • 25% 24% 25% 1.617 ino 111% common 26% Mar 497* May * Service & 26% 51% — • common 62 % 102 Jan Jun 97 % Jan 15 Jan 17% Jun 223/e Jan 25 % Aug 223 108% May 112 % Mar 140 141 180 133% 145 • ~5 47a 5% 2,200 4% Airways (Un)_2.bo 10% 10 107a 1,148 Apr 93A Apr a22% a22 % 115 22% July 29% Mar 20% 20% 387 17% Feb 20% July 10 Tel common Motor Co ocmmon 111 1117s 100 (Un) Paramount Pictures Corp (Un) 1 Pennsylvania rr Co (Un) Pepsi Cola Co (Un) Phelps Dodge Corp (Un) Philco Corp Philippine Long Dist Tel Co Phillips Petroleum Co Puget Sound Pulp Inc Jan May 5% May 11% Jan Pure Co Oil ■ (Un) Apr 32% Jun Apr 80 a323/4 a32% 400 35 35 40 60% 60% 469 49% Mar July 62% July 30% 30% 285 27% May 37 42% 42% 512 403/4 Mar 42% Aug a66% a66% 87 61 % 68 % Mar 26% 26% 501 23'a Jan 92% 92% 149 84 a32% a33% a32% • 198 24% May . • 42% * - 10% 36% 28% May 200 p100 • Feb May 10 a36% a37'/a 12.50 Timber & a22% bo 33 %c (Un) Radio Corp of America (Un) • Ry Equipt & Realty Ltd Co pfd Rayonier Incorp common 10c 92% 1 Preferred 35 25 Remington-Rand Inc 8% 35 21% Feb 35 Jan Feb 35 106 28% 36 34% July Mar 19% a20% 138 18% May 19% July 42% 220 39% 43% 460 32% 992 26 a20% • 42% 42 27 % 27% 28% 71% 71% 144 54 Feb 33 33 50 31 Apr 45 45 139 32 Feb a Apr 92% May 30% July Jan 5 Republic Steel Corp (Un) Reynolds Tobacco class b Rheem Manufacturing Richfield Oil Corp Riverside (Un) (Un) a 1 • 25 Roow s & class Cement Bros 1 common w Fine Foods Inc 10 Joseph St Regis Lead (Un) Schenley 5 Industries p10 Scott Paper Co Sears • 5% July 47% Jan 10 Apr Jan 37% 124 34 Feb 38% Jun 45% 292 40 % Mar 46% Jan Oil Co Oil Corp (Un) Oil (Un) . * 11 % Mar Southern Calif Edison Co Cumulative com (Un)—• Apr 4.32% 25 4.48% 25 Southern Cal Gas cp pfd series a_„25 Feb Southern 10 18% Jan 22 115 42% May 56 Jan Southern Co July Southern Pacific Co 1 6 % Jan Jan 63'/8 678 a48% a48% 62% 127 54% Mar 12 58% 778 50 11% 502 11 % 16% 16% 100 a31% a3l% 80 15% 340 a45% a46% 146 Calif Petroleum 35"% Feb 59 % July July 14 % Jan 15% July 18 Jan 31% Feb 33 Mar 12% 15% Jan 40% May 53 8c Jan 49 21% 19% Jun 25% Jan 33% May Feb 43% July Apr Jun 15c Jan Apr 28% Apr 58 58% 469 49% May 58% July 58 % 429 503/4 Mar 58% July 75 66% Feb 83 Mar 107 Mar 85 243 84 Jun a46'% a47 337 42 3/4 Jan 47% Jun 37% 367 35 Jan 40% Jan 35 % 36 1,078 34 Apr 25% 134 23% Jan 30% 240 29 333/4 333/4 30 153/4 33% 25% 30% 2 1 Corp 16% 620 /, 36% Jan 26% May Jan Apr 30% 303/4 Jan 33% Aug 15 Apr 20 Mar 12% Jan 14% July 14 % 14% 401 85% 85% 85% 510 61% Jan. 85% Aug a36% a36% a38 135 32% Apr 38% July Feb 28 a25 % a25 % 120 23 Jan 25% 623/4 2,611 50% Feb 64 '/a July a84% a85% 60 77% Jan 82% 46% Apr Feb a23 -* Spring Valley Co liy2 125 12,100 8% May 30 Jun 45 11% 63 % July a 58% a20 73% July Jun 33% 37% a46% ■ 10 4,845 193/4 85 preferred preferred Convertible 100 10 a a77% a78% ib Socony-Vacuum % 8% 30 Jan 33 57% 58 5 al9% al9% % 909 35% Mar Jan May Jan 240 9% May 2,160 a27 % a27% ib Shell Signal Oil & Gas Co class a Jun 8 3/4 3 2 3/4 9c • Roebuck & Co Jan 42% al9% 1.40 < Jun 1,020 8 34 32 34 10 Co Paper Mauriclo Mining 35 a44% a44% 8% 5 Safeway Stores Inc St 35 10 Co 16% 2,645 15% a45% 18 % 200 1st preferred Sperry Co Corp Co • Jun 106 78 25 90% Apr 9% a47% a47% —2% 20"% 19% 78 25 15% Jun 5 '/2 % • 21% 19% 20 81% 45 % „ 21% 25 137 37% — Jan 22% July 22 % Mar a 237 9% 45% 20 common Company State * Jun 17% Feb 35 % Mar 116 5% __ 25c ; & Kleiser gi/2 a44% a45% 3 co— warrants Co a45% • 4 Co Gas Capwell Corp Plantation Foster Corp 10 27% 19% Jan preferred preferred red Sinclair Eastman Kodak Co common (Un) el Dorado Oil wnrfcc Jan 15% May 132 20 class Lighting Corp $4.50 preferred San Di Jan 320 26% Jan 18% 8% 11% 25 common Jan 21 Jan 11% Jun 18 Va 1 1 Bank Jan July 37% 36% Feb 9 a32% a32% 34% Inc Corp 79 % 19 Ve May a34% a34% a32% (Un) National Zellerbach 35 21 (Un) Amer Crocker First Feb Ind class n Motors of 69 2 Consolidated Natural Gas (Un) Vultee Aircraft Continental 150 (Un) Consolidated Creameries a78% a79% 9 Edison 25 • Apr Apr 47% July a__2'/ 18 632 red Pan American World Jan 6 a20 a20 % Columbia 220 20 2b Jan 467 3% 20 20 Jan 8% Mar 17 preferred Packard 56 y4 Iron & 6% July 5 Pacific 33% 10 (Un) Chemical Colorado 125 263/4 common Apr 29 24% May 29 Cities Service 6% 22% Co Pullman Clorox 33% 6% ♦ Apr 44 y4 20 Chrysler Corp 20% 1 (Un) 4% 56 y4 • Apr 173/4 May 25% May 278 16% Corp Filters 24% Feb • 100 900 352 25 red preferred 5% May 10 (Un) com 3% 310 25 (Un) 21% Mar 18% 183/4 273/4 100 (Un) Pacific 8% July 14% 20% Feb 4 July 67 62'a Jan • (Un) 20% 18 % 26% 53% July a74% a74 % 1 Jan Mar 36 22%- 1st preferred Apr Mining Co 20% 18% • * 1st Apr common 67 % Jan 25 Ry Co Can 2.25 12.50 Co 32 1 Pacific Coast Aggregates Pacific Gas & Electric common 15% America of 233/4 Apr 58% May 301 8 Products 54 % (Un) Tractor Corp 367 33 12% July 28% Jun 1 United 1.85 Apr Ltd 64 33 Apr 10 (Un) Co Class b 47% May 11% Jan 10 Co 143 64 • (Un) Petroleum Edison 105 (Un)_ Ry 11% Jun Jan 1.25 • Co Oil Co Ohio 3,634 Corp Atlantic 336 Jun 12c Jun 12% Mar 3% July 18,481 a26% a26% 33 i (Un) Preferred Canadian 6c 81c 1.15 Jan 20 i i Prod (Un) Pacific Occidental July 10 California a26% • preferred 13 Co 6c July 14% Apr 1.05 Jan 21 July 93/4 Feb 18'a Mar 44 Apr 20 Mar 31% Jun July 12% 10 Nash-Kelvinator Corp National Auto Fibres 205 Calamba Sugar 8c 1.05 pfd (Un)_lO Morrison-Knudsen Co 3% July 1 Jackson p.10 (Un) Cement Montana-Dakota Montgomery 13 Machine 16 36% 142,500 200 al3% 26% 8c & m & m Cons 13 * 11 2% May 3 110 15 Company Burroughs Adding 70 670 440 200 Budd 42 2% 3v4 Apr 205 5 15% 23/4 (Un)_8 (new) a 1 2 (Un) 41 16% Jan _1 Borg-Warner Corp (Un) Broadway-Hale Stores Inc Byron al5% a54 y4 • cap 10 50 20 2 al5% Apr Jan 165 12% July 155 Jan ' al0% al0y8 a3 % (Un) a27% a27% al5% 8% 18 Feb a Bishop Oil Co Blair Holdings Corp (Un) 125 Jan 24% July Apr 400 Feb a3% (Un 1 160 160 91% 70% July 7 % May 19 Feb Jan 25 1 ouid 60 374 36% 1.40 lc Corp Aviation 28 225 — Mar 18 Feb 361 5%% a6% 13 a8 23% Jan 7 72% May 41 18 Pabco Bandini Petroleum a8 23% al2% al2% 36% Jan 21 Northern 1.15 3 a8 17% 11% Feb 36 • 20 17% Jun 264 a90'/a a90y8 al7% al7% 11% 2il 1,645 1.40 Feb July a— — 4% Jun 20% 156% 33 y4 alOVe al0y8 60 p2 a— 150 • 27% May 300 26 120 5 Jun 2y8 a38% a39% 5 Wedge & a46 a46% 386 4% 1 150% Jun 32% 32% 4% 1,134 ; 1,710 33 Apr 32% a48 % a49 % 64 (Glenn l) Navigation Co al54% al53% al54% a46% 76 (Un)__ Co Co 60 17% Feb 81% 1 Aviation 10 Jan 65 5 common American 20 11 105 63 common American Anglo Calif Natl Bank 1,060 81% Niagara Mohawk Power Armco Steel Corp 15% * North 105 449 64 Lyons-Magnus class b 51 a29% a30 % Apr 14% • 16% Mar a29% Jan 16% Mar May 18% 1 15 y8 July • Jan 47% 48% July 18% Jun 32% 7 39% May 11,396 36% 42 81% Corp 260 32 2.25 May 39% Jan . 43 V* • (Un) 840 r2 Apr 198 4% Libby Aircraft Inc 44 32 Feb 1.20 393/4 Jan 32% 185 t_2.50 15% r2 Jan Jan a77 % a77 % 8% Land 44 100 68 20 471/, 15 % a77 % a49 % (Un) Copper Kern Loew's (Un) North Co 8,850 Jun 17% Apr 54 % 18% 1 15% Rights 463/4 50 North Amer Invesment 67o American 15 254 • (Un) • (Un) a37 May 6% Apr 5% July a49% a50% 7.50 • (Un) Smelting & Refining— Common 1.90 a37 Jan 285 4% July 4% Jan Jan 48 y4 506 108% al08% 13% 1.65 a34% a35 % (Un)_* Co Monolith 68 y* 75 52% a 1 Lots 400 1.65 a35% 15% Mar Feb 170 Mfg Co Mindanao Mother Lode Mines 53% July 2% May 105 3% 5% 98 Menasco Bangs Since Jan. 1 High a49% a50'a * Inc American 3% • Airlines Amer a49% 1 Mfe American American Low 5 : Dye Corp Allis-Chalmers Aluminium common (Un) 400 740 300 Kaiser Aluminum & Chemical Corp m j Shares 205 5% 5% Kaiser-Frazer Matson for Week of Prices 200 5% 20 International Martin Sales Range Last 200 a54% a54% (Un) Co Paper New San Francisco Slock Exchange Friday 6% al7% al7% Magnavox Co Marchant Calculators Inc stocks 53/4 Feb • International Oil uan 150 5% 20 International Harvester (Un) International Nickel Co Canada Intex Apr 16% 100 6% Inc High 35% 1 Maryland Mines Corp Idaho 5% Low 253/4 July 11% May 143/4 apr 1 Oil Corp Hunt 2,026 15 5% 5% 100 12% 15 ♦ 25% 12% Range Sins* Jam. 1 High 25% 12% 5 — Hobbs Battery Co class b Honolulu Low Jan 31 % 700 4% 11c 24% l Foundry Vanadium 4% 11c Shares —1 Pineapple Co Ltd Johns-Manville Corp co— Toy Mining United Jan Jan 10 26% Corp Reymer & Bros San 18 16% 10 $2.50 convertible preferred Pittsburgh Plate Glass Renner Jan 20% 40 29% : 10 33% • 2% Oil Jan 8% • Brewing Plymouth 50 14 % > & 20 Refractories Fireproofing Screw 16% July 16% 1734 8% Common Pitts 13% 16% 10 Gas Pittsburgh 46 14 % Manufacturing Co Lone 37 y8 May Co Walker (Joseph) High 10 • Corp Hawaiian 39 % 5 Brewing Harbison Low 8.50 Duquesne Brewing Equitable Gas Co Steel Hancock Oil Range Since Jam. 1 High 1734 • Columbia Gas System Home ' 39% __ * common Blaw-Knox co Follansbee Low for Week Par Share* • Sales Range of Prices stocks Sale* Last stocks Week's Last Sale Prlee Pittsburgh Stock Exchange Standard Brands Inc (Un) • a25% Standard California • 62% Oil Co Standard Oil Co Standard Oil of of Studebaker Sunray Oil (Indiana) n Corp j (Un) Corp Corp 55 52% 55 787 48% Mar 55 Aug Super 12 11% 12 650 11 y4 Mar 12 Jun Sylvanla Electric Products Mold 25 1# 1 1 10 7.50 a80% 62 50 July Feb Jun Jan 88 275 75 Feb 3734 260 32% Feb 38% May Jan 23% 203/4 21 1,163 al4% al4% 35 16 a79% a80% 373/4 21 a23 50 35 330 35 20'a 13% May 33% Jun 15 37 % Jan Jun Jun 40 The Commercial and Financial Chronicle (452) . . Monday, August 4, . 1952 OTHER STOCK EXCHANGES WEEK ENDED AUGUST RANGE FOR Week's Friday Range Shares Tide ComDany Water Tri-Continental Union Carbide Corp Air United Corp of United Gas United C 8 Lines Theaters 26% 27% 4,008 27% Its' 16% 16% 2C0 14% 16% Wells common Jun Aug Petroleum Westates 280 57% Feb 1,323 36 Feb 45 % July 29 625 22 Jun 31 33% 511 28% Apr 33% Jan Western Air 29% 29% 493 25 May 33'% Jan Western Dept Stores 10 Apr Westinghouse Feb 5% 110 4% Jan 53/s Mar 133 24% Jan 27% May 14 290 13% July 14 41% 40 41% 37(4 May 1,264 100 20 9% 8% 12% 3% Jan 3 178 12% a a__ a— 280 5 , 15 4% S 280 4% 4% 633 47/« Feb 25 25 596 18% Jan 11% 1 277 11% 150 10% May — - 256% Feb 280 5% 25 , Jan Jan — Jun Jan July July a27% a283/s 5% a28% 87/a 1,310 9 8% 9 May 3% 8% a High Low 3% 8% — 100 (Un)__ West Coats Life Insurance (Un) 42 Range Since Jan. 1 High 3% 3 pfd 28% 67% Juiy ___ Bank & U T Fargo 41% 29% — Low 8% (Un) Sugar Co aG5% a67% 1 (Un) Shares 5 Equipment Co Warren Petroleum 33% 1 10 (Un) Delaware (Un) for Week Victor —2% Co Corp Corp Utah-Idaho 42 10 Inc Paramount Steel Jan Jun 1 (Un)__. Glass & 60 24 28% United Aircraft Corp Can Feb 22% July 21% Jan aG5% • (Un) Carbon & Union Oil Co of California common—21 United 53% 270 16% Union SUgar common United 336 22% 27% 2 1 Corp Range of Prices Par High 22% Oil new common__10 Ass'd Ttansamenca Low a58% a59% a58(4 21 (Un) Range Since Jan. 1 High Lotc Sales Last Sale Price STOCKS for Week of Prlees Par Week's Friday Last Sale Price STOCKS Texas 1 Sales Jan 21 41% Lines Inc (Un) Elec Willys-Overland Woolworth Yellow 25c — Co <Un)__ 9 400 40% 41% 1,283 9% 9 12% -1 41% — 9% 200 87/« Feb 44 270 42V2 Jan 4% 2ou .19 200 - _ 10% - Jan 44% Jun 6% Jan 4% July 19 July Jan 10"% Jan 41% Aug Feb 19 — 15% 8% July 35'/4 44 ■' —— - < 4% — ~ 10 (Un) common- Preferred Jan <Un)_ Corp Motors (F W) Cab 1 — 20 Feb CANADIAN LISTED MARKETS AUGUST 1 RANGE FOR WEEK ENDED Week's Sales Last Range for Week Sale Price of Prices Shares Friday STOCKS Montreal Stock Exchange Par Canadian Fonda General Motors Corp Sales Week's Friday General Steel Last Range for Week Bale Price of Prices Shares 8TOCKS Par ; Abitibi & Power 6,976 14% 25% 1,745 24% 5% 225 • 21 $1.50 preferred Acadia-Atlantic Sugar common Class A 15 14% 15 25 % 2514 • Paper common Low High Low 514 5% * 1814 • 10 10 10 53 47'4 5414 3,535 —• Algoma Steel Aluminium Ltd 10514 3 0314 106% 23% 24 15% 16 16 % May 300 • ! Agnew-Surpass Shoe Aluminum Co of Can 4% pfd Amalgamated Electric Corp 21 16 * 1814 1814 Jan Jun 285 8% Jun 44 May Apr 3,283 18% Jan 25% Jun 6% Feb Jan 56%' Jan 125 % Canadian Tel 23 Mar 24 % July 275 13 Jan 16% Mar 39 May 40% Mar 50 • Corp 40 100 al3 al3 910 11% 79 80 160 79 July 86 Mar 23% 25 5,185 22 Apr 27 Feb pfd Argus Corp Ltd common 414 % preferred Asbestos 3914 100 414 % • common Class Bell & Paper clau a B British Oil Forest Products Power Columbia Telephone 31% Jan 39% Feb 10 May 13% Jan Feb 25% Apr 36% 35% 36% 11 10% 11 22% 21% 22% 614 6% 30% 8 20% 7,621 30% a 7,207 11,509 * 614 30% 8 5% May 5,470 / 570 30 150 6 Northern Corp Bronze Canadian 34% Jan 19 Jan 34% 185 32 17% 200 16% Jun 8 530 7% Jun 9% Jan 3514 35 35% 500 30% Jun 35% Feb 6.70 July 8.30 Feb 6.70 __ 75 Car 6.70 8 97% 75 28% 157 23 23% 1,435 69 __ • 17 * 1,995 9% 97% Canadian Chem Canadian & Cottons class 97% July 101 Mar 52% Mar 70 May 44% Mar 50 Jan 16% 17% 2,621 15% 20 Jan 37 37 31% 15% 1,385 665 16% 16% 47 20 150 • Oil Companies Canadian Pacific Canadian Vickers Cockshutt Farm a23 * common Railway 20 2,615 14 50 a__ 52% 25 a22'4 a22% 25 35% a23 45 29 427 25% Mar 35% 6,192 21 17 21% 22,400 • 16% 34"% 16% 17 750 • 37% 36% 3714 * 15 15 16% 115 Consumers • 22 22 22 195 32% Glass Crown Cork Distillers Distillery class A & Seal • Co • Seagrams Bridge Dominion Dominion Corsets Dominion Glass • common Steel Stores Dominion 14% May Tar & Chemical __ Jan 29 Apr 40 Mar 21 % July 19(4 Jan May 42% Feb 15 Aug 20 Jan Feb 22% May 12 Jan 39% Jan 26% Jan 728 69 92 Feb 125 9 a6 10 13% 13% 2,740 55 57 400 a29a29% 25 4 Apr May Feb Mar 10% July 6 July 11% May 48% May 66% Jan 28 Apr 30 Jan 15% Jun 19% Jan 14% Jan 18% 1114 11% 740 10% Mar 12 Jan • 4114 41% 42 840 37% May 45 Jan __ 39% 19% 1,135 19 Apr 20(4 Feb Apr 13(4 Jan common 5,175 • 11% 10% 140 140 • al5 al5 al5 275 15 July 18% Jan • 15 15 15% 1,760 12 May 20 % _ * 1 5 6 13% 7% 200 13% 15% 625 10 % 140 6 Aug Apr Apr 10 Apr 18 100 16 545 15% 147/3 2,635 Jun 12% Jun 15 Apr * 16% 16% 17 7,900 99% 99% 99% 65 99% July alOO alOO 35 95 18% 18% 1,175 103 103 ;; 10 100 • common preferred 100 1 Ltd __ 18% __ • 4.25 4 10 4 25 300 3 General Dynamics 30% 30% 31% 1,125 Jan 17% Jan 97 Jan 3.45 25% 52 Apr 64% Jan 9.30 July 34(4 Jun 40% 8% July 11% Jan 23 Aug 6 Jan 10,973 5 9'% 9% 93/4 2,110 25 23 23 23 100 Imperial Tobacco 4% preferred 6% ~ of Canada com. preferred Industrial $1.60 — _ _ International Nickel of Paper Petroleum preferred Public 7% the Lang MacMillan Class 8,783 40 % May 48% Jan 970 41% May 50% Fen 1,026 68 68 72% 250 28 28% 32% 31% 32% 11 11 11 200 9 100 20 100 Feb 17 Jun 31% Jun — -„5 * 100 - (John 340 ai2 al2 20 ! ft A class priority Ltd alO 15 9% Jun 19% 100 19(4 19% 19% 1,080 17(4 16% 1,005 16 a75 a75 135 Steel Price River 33% 150 31 Jun a24 370 21 May 23 24 730 20 Apr 25 Jan 16 15% 16 635 14 '/a Mar 17 Jan 9 9% 1,100 7% Jan 2,660 24(4 26% Jan 27 83 85 2.034 73% Apr 85 Feb 32% 34 4,310 24% Jan 35 July ai48 al48 1 141 May 155 Jan 18 * 18 100 16 Feb 19 Feb 73 700 64% Mar 73 July Provincial _i - — _ Lawrence Shawinlgan Series A Class B Sherwin Sicks' preferred 4%% preierred Williams Breweries Simon Canada of 29 26% May 16 Jan 335 34 May 38 May 44% 8,159 47% Jan 550 41% Mar 45 Jan 48 — 44% 48 350 46 48% July 25 a25 20 18 — 46 44% 46 48 19% May 23% 18 125 18 July 20 Jan 7 10 May 10 May 45 350 32 Jan 45 July Jan 43% Aug Jan 98% Feb a * _f* Steel Co — common 33(4 2,855 33 34 2,315 13% 13% 2.45 2.60 11 U(4 6uO 10 Mar 11% Feb 16 a!5% 16 425 15 May 19 Jan 47(4 46(4 47(4 1,4"0 51% Jan 7.00 7.15 1,150 a24 28 91% 91(4 5 17 13 3 Ltd. Corp * & Leaseholds Geo) Worts a • Ltd 4 100 «..» Ltd preferred Zellers Limited Jan 28% May 35(4 Jan 29% May 35 Jan ?cO 12% Apr 14% Jan 4,500 2.40 Feb 3.30 Apr Mar 41 % 7.00 Apr July 20(4 Apr 91% Feb Orders handled Canadian Stock on all 600 16 38 465 34(4 Jun 40 25 93(4 Jun 99 Mar 13(4 Jan 17 July May through our Canadian affiliate which has a direct private wire Apr Jan 15% Mar 17% Jun 102% 95 preferred 16 ,17 2,435 1—25 a. 25 25 25 230 25 Jan 25 % Mar 20 (4 Jan 24 Apr 21% July 28(4 Aug 21% 21% 475 10 28(4 28 28% 1,130 -10 29% 29% 29% 100 Montreal 10 29% 29(2 29% 2,759 Nova Scotia 10 35% 16 460 29% 30 1,687 38% 38 % 200 10 Canadlenne Commerce Jan Imperial July 4.25 Aug 31% May Royal 29% 10 Toronto 10 29% Aug 26% Apr 32% 31 July 35% Apr 27(4 Apr 38 Jun 30 Jan 38(4 40(4 Jan Apr i'lil • Tel: HAnover 2-9250 Members: see ROYAL BUILDING BAN.K page 45. 8tock Montreal Exchange The Investmem Dealers' Teletype: NY1-1979 Direct private NEW YORK New - QUE. — Montreal Curb Association of Market Canada wires with York, Toronto and Maritime- Province# \ Halifax, N. S. a Jan 16 Banks— Feb 18% Aug 103 5% from coast to coast. Tot footnov 19% Jan * I common W. C. Pitfield & Co, Inc 30 Broad Street Jan Jun 97 MONTREAL, Exchanges 92 (4 17(4 Est quotations on all Canadian securities. 9.80 22(4 Jun 37 33 100 — 26 24 97 Winnipeg Electric common— 5% a a23 * — 29 90% " • common preferred—! Wilsils 34(4 -M Walker Gooderham 4(4% 32% 34 r&fcL Cotton i 41 26 2.60 Steel Weston 430 —! Oils Wabasso 1,205 26 11 (4 Canada Thrift: Stores United 43% 26 al01% 100 Power Preferred Triad 41 Jan al01al01% —43 34 of Mar aIO'4 alO% com—* preferred Canada Feb 1,610 38 50 B 4(4 % Jan Apr 46 17% 16 Jan 20 % 17 371/4 12(4 Mar 14 19 165 a 33% Apr 36 18 12% 33% Aug July 12'% 18 a ■ 44 Class May 17% >. Simpsons class A Southern Jan 1,670 4,140 • common 29 33% 31% 50 & Sons common (H) Jan 31 corn- _ Jan Apr 52 ?•>% 1 •" * _ 930 55 100 37% : • 4% ?"% May Apr 40(4 May 22 May 30% _ . Corp common Water & Power 100 33% * Transport 46 2 50 23 % • common 50 50 31% • Canada 47% alio 50 50 * Company Quebec Power Royalite Oil Co Ltd St 47% alio mo _ Jun 73 * 73 Ltd 9% July 25% _ Co Jan 33% _ - 25(4 83% 26% ♦ Products & Jan — a23 __ of Corp Bros 35 Apr 33 . preferred Power Jan 10% 34% May 5 _ . Development 45% 7,763 _ common Jan 1,2*1 Page-Hersey Tubes 6% Jan 13 a 24 Ogilvie Flour Mills commonpreferred Jan 17 a24 ft Ltd. Jan 26 11% ♦ Car Mines 25 Apr 39% ft Drug & Chemical com — Aug 10% — Locomotive Jan 8% May Mar 37 % * A Jan Jan 11% ft class — National . Jan Jan 11 a__ ... Ltd 13 a— 38 % —_ 18 36(4 Jan a 16% 19% Oil . Ontario Steel 7 ■ Noranda 7% a__ 100 -- - „ (Robt) National 50 8% 19% 19% _ 101% 10% Mar 13% alO ft 11% Mar Feb 8% al3% — B Montreal 33 %■ A A) 24 25 33 ft Breweries Class July al7 ❖ Frontenac Molson 33 alOO ft Mtichell Feb 29% May 33 • McColl 30 525 al7 3 preferred 72% July 550 56 (4 May 25 Jan a98 % a — Corp 39% Mar * . . Mailman 5 '/c ... 25 J&n * Export, B Jun 31 Ltd Bros Jan 20 46 Laurentide class A Lewis 11 % Jun 48% common Ltd Secord Jun 18 30 common __ Woods Sons & Laura 10% 130 48% (John) Ltd of 100 18 441% - Lake 11 % 31 _ preferred Labatt 46% May 48% Corp Ltd 53% July Jan Feb 45% ft l Ser Jan 35 11% 11% • Ltd— Co __ Utilities International Jamiac 5% 35 % 15 com,.* common Power 575 9,150 a51 .7.50 Canada International 6 53% __25 pfd_ International $1.40 " — _ Bronze 6% International 6 - * iJohn) Feb 52 32 International Mar a5l 6 53% — 22 11% July 18 —£1 common. • Corp Acceptance preferred Inglis • Mar 814 16 141/2 100 — ... Feb 10% 16 814 Jan 16(4 14% __ 160 July 13% Aug 7% Jun • common preferred 2,995 140' * Heating Products Players Canadian Corp_ Foundation Co of Canada common preferred 11% 5,725 10% Western 100 common Enamel & General Bakeries 31 34% July 21% May a6 1314 * Power 3,483 83% Jan 17% Brewery Ltd common East Kootenay Power— Electrolux Corp •Gatineau 25% 80% Jan 1114 Dow Ltd 24% alO% alO% 70 26 20 8% 64% 36% Ltd — 18% 23% preferred Donohue Bros Ltd Co's 100 Jan 62% 35% Powell Aug • 7% Co 300 35 15% a__ • Ltd- Textile a8% 34% Apr 24 35 y8 Placer 32 ■ 32 % 10'% • Oil Penmans a29 Coal & __ a8% Jan 20 Red preferred Dominion • com — Dominion 8014 • common Foundries 81 Steel Dominion 25% • • Dominion preferred __ 2 a Dominion Dairies a8% Feb 14% May 9,768 (H) — a21% Consol Mining & Smelting Consolidated Textile —: Corby July 52% July 22 May 21 % Apr • Equipment Jan Jun 2814 — * Feb 17 % a6 17(4 Jan Jun Jun Jan 21 15% Jan 17% Husky Jan 34 15% 49% 38 14% 52% 25 42 Jun 14% a6 __ * common Locomotive Canadian 15% * Jun May Apr 18% Mar 3,140 20 Jun 30% 12 500 44% preferred Canadian 34% 300 14% 16% B July 16 Jun 15 28% 4.090 3.480 Feb 320 46% Cellulose Converters Canadian 10% 98 576 31% — July 63 15% 25 July 25 97% • common 28 '/a 4714 20 Celanese series 79 Apr 47 31% __ Jan Jun Jan 9% July 89% Feb 100 675 23 9.30 Imperial 58% Aug 32 1 Bay Mining & Smelting— Oil & Refining Massey-Harris 68 • : common Jan 19 104 • Foundry A Canadian 63 8% 25% 5o0 97% Apr 7% May 125 8 28% 97% • 2,400 6.70 68% 9% 100 common & __ 23% 100 Canners Ltd Canadian 5% Feb 8 50 Canadian 4%% 7% 17% • ; 1st pfd Breweries Fraser Jan 34% • common Canadian Gair Jan 8 10 common Power Steamship preferred Famous Jan 8% 33% 17% 20 Canada 7% Apr 34 % ♦ common Iron Foundries Canada Safeway Ltd 5% 2nd preferred 6% 23% July 34% Apr S preferred Class 235 « Dry Dock Co Ltd class A $1.00 2314 25 ■ A Dredging Ltd Canada Cement -5% Jan 2314 __ • class Products Canada 53% » Ltd Bulolo Gold $1.30 Jan Apr • Mills Canada 24 41 • Class B Burrard 20 Vi May 400 • class A B Columbia Building 2,560 47 • British Columbia Bruck 23 451/2 • common British Class 21% 47 25 __ Tract Lgt & Pwr new 00m American British 23 • Telephone Jan * Power Brazilian 13% _• Atlas Steels Ltd Bathurst 25 Jun 16 % 63 % Feb 200 1 Anglo 23 common • 18% July 10% 16% Jun 31 • Paper 55% 21'% 18»/4 . • Alabastine & Smith High Low 325 Hudson High Apr 5 Howaru 58% Range 6tnee Jan. 1 High 57% 58% • Wares common Gypsum Lime Range Since Jan. 1 Low —s Sydney, , ■ jjff" Branches m|S, : - . Saint John, N. B. } ■ •~ Moncton, N. Feb I Volume Number 5139 176 . . The Commercial and Financial Chronicle . (453) CANADIAN LISTED MARKETS FOR WEEK RANGE ENDED AUGUST 1 Friday Montreal Curb Market STOCKS Canadian Funds frridaj _ SIOCKS Auto Fabrics Prod Bickle-Seagrave British Ltd cl 103/4 10,430 pfd—5>4 A 5>/4 51/4 25 convertible 190 1.70 Apr 13% July 9% July $3 2nd A • 1st preferred * Canada & Dominion Sugar Co Ltd Canada Malting Co Ltd Canada Packers Ltd class B 1% Industries Ltd Salt Canadian Combined 5% Gen class Advert Enterprises redeemable Commercial Ltd David mond 24 4 Loblaw Groceterias cl Lowney Co MacLaren Maritime Ltd Jan Mackeno 414 5 400 56% 57 1,504 a5% a6% 200 a22 a22 50 gy3 934 1,890 „ 9% 64 a2.00 1,300 1.05 L05 4 36 34% 36 4,450 a38 a38 a54 a54 __ 24 Mica of & Royal Royal Mount Metal Rice 17 Apr 25 23% Mar 13% 16 Aug Nova Scotia Lt Lt & & Pwr Feb 60 30 17% 18% 2,575 '4.15 4.25 300 10% 10% 100 10 31% 31% 150 30 % 200 12 1.40 1.85 Apr 16% May 4.15 Paul Service Pwr 6% pfd Power 6% Reitmans Russell (Can) Ltd 5% Industries red pr Trans Oil Union 10 507 10 25 85 July May May 3.05 400 2.85 24'4 1,045 22 26% 27% 1,016 22% 10 10 125 all all 25 55 35c Jan 50c Jan 12c May 18c July ll'/ec __ 11c 12c 6,500 10c Jun 23c Apr 20c 20c 3,000 4.95 4.95 5.00 800 4.65 Jun 2,300 11 Ltd Ltd — —1 Gold _♦ Ltd • Copper Mines Cons (Queec) Silver Gold Mines Fields Quebec Smelting & Quebec Yellowknife Refining Gold Consolidated Jan Soma-Duvernay Mar Stadacona July Standard Mines 20c Ltd Gold Mines 18 Mines Gold Jan Tache Mines Jan Tobrit Silver Jun Trebor 12 19% Feb 110 111 30 Waite 110 Apr Feb 112 July 51% Feb 55 May 19 Feb 19% . 21% 22% 5,525 20 Apr all4 30 110 Apr 39% 38% 39% 6,885 Westeel Products Western Canada Co & American Mines Arno 22 Va 50 22 100 10 1 55c 3.25 3.50 2%c 1.33 2,000 30c 31c 13,000 20c Feb 31c July 12c 12 %c 2,500 10c Jan 20c Apr Mining Corp— 14c 16 %c 1 5c Mines Ltd * Bouscadillac Gold, Mines Ltd Gold Minps Ltd • Gold' Mines Mines Explorers Pvrite 11,830 68c 3,000 48c Jun 8c 6,500 5C July 8c Jan a30c a30c 100 30c May 45c Jan 10c 10c 10c 7,000 7c Mar 11c Apr 6.80 6.55 6.85 3,700 6.30 Jun 8.00 Feb 3.05 3.00 3.05 2,100 2.95 May 3.45 Jan 36c 36c 37c 4,500 2.10 Uranium 25 Va Feb 28% Jan Jun Mines., 2.15 Albermont Altex Feb 1.72 May 2.24 3,700 1,000 10c Jan 33c July 34c 42c 182,420 3.35 3.50 70c 71c 1,500 6,000 55c 14% 22 23% 1,550 3c 4c 3,500 13% 3c 14% 2.75 May 2,900 2c 12 Jan 65c 2.30 July 19 %c 1.12 Feb Jan 4.75 Mar Feb May 92c Jan 23% July 4%c July Mar Jan 14% Feb 1 54c 54c 5oc 2,000 51c May 80c Mar 37c 35c 38c 29,900 30c Mar 50c Jan 1 4.90 4.20 5.00 58,225 85c 87c 6,000 3.20 74c Feb 5.00 July Jun 1.30 Mar 3.35 July 3.60 July 1 Ltd Oil Co Ltd-.-— Anglo-Canadian Bailey Selburn Bristol 3.60 3.45 3.60 63,400 70c 70c 73c 3,900 58c Jun. 89c Apr 15c 15c 1,000 14c Jun 28 %c Apr 7.60 May 9.60 Feb Calvan Canada • A — 7.80 7.65 7.80 1,400 1 7.70 7.70 7.75 11,700 66c 66c 500 66c 13% —1 — 7.70 Jan 70c class * Ltd Co Ltd Oils 17 Oil July July Jan Jan 8.00 July 90c 19 May Jan 3.75 Jan Jan 3c Jan 10%c May 2c July 2.10 July 11% 8.25 Jan Devonian Southern Jun 1.76 1.37 July 1.80 1.50 18c 6,100 18c 32c Jan 9.85 10% 2,150 5.25 Jan * 5c 7,500 1,000 5c Apr 8c Jan Central 4.65 5.35 7,400 2.80 Jan 5c Mar 1 5c 120 : ' 500 13c 4,000 38c 4,000 4.95 " -. 80c 81c '3.55 1,966 May Consolidated Allenbee 18c Jan Consolidated Cordasun Jun Dalhousie Oil Co Ltd— Apr 4%c Jan July 19c 1.15 Aug Mar 1.70 Marr 36c 3.55 1.26 • 1.26 8.10 - May Gen 21 May Grease 2.60 Feb 71c July 90c 5.40 Apr Feb 95c 8.20. 530 7.55 May 19c 1.500 1.39 5,306 18c July Feb MONTREAL MONTREAL CURB JAMES ST. HART: STOCK STOCK Dominion Oil Ltd Pacalta MARKET Ltd.: Ltd— Oils Quebec Exploration Oils Sapphire WEST^ MONTREAL Souris Sweet offices: Tor SHERBRdOKE - > ST. Jan 1.88 Jan 5.00 July 2.40 July 3.45 Apr 38%c July 40c ,' 43c 5,700 55c Jun 9.95 1,200 Feb 13% Apr 2.90 700 2.40 Jan 4.35 8.75 200 8% Aug 10% Apr 1,000 11 %C Aug 13 %c Jun 15% 1,221 13% Jun 17% Jan 2.90 2.90' A_1 8.75 8.75 11 %c 15% ll%cll%C 14% . 70c 6,300 3.55' 3.55 8.15 2.40 1,000 36c * * * 36c 47 %c 500 2.40 1,500 66c , * Grass P. Westburne Wilrlch Oil 1.70 1.70 2.97 15,200 2.10 2.30 23,925 12c 13c 2,500 1.96 32c Feb 95 %c May 4.95 Apr Feb 3.00 Apr Jun 60c Feb Apr 2.25 Apr 2.60 July 4.20 Apr 1.56 2,500 2.75 Jan 2.75 Jan 4.35 — — . 10,850 3.90 4.40 4%c 4%c 11 % 11% 700 1,500 ; 1.15 3.55 4c 9.85 53c 65c 66c 4.600 — 2.10 2.20 2,450 2.00 3.15 1.90 3.10 2.00 3.25 1,030 1.20 1.26 5,000 1.04 l-2i l-2' 12,700 66c 70c 19,500 —* Olis Ltd—, 70c " 4.50 * Ltd — Ltd 4.95 7C Apr Mar Apr Jan Jan 14% Apr July 1.25 Apr 3.00 Mar 1.65 Jan 1.85 Jun 2.80 Jan 4.30 Mar Jun 1.28 Apr 1.50 Apr 1.05 May 60c Jun 2.40 98c Jun Jan 4.50 900 4.10 July 6.75 Apr 2-l5 1.04 1.95 500 1.80 May 2.70 Jun 4,100 1.00 Mar 6.601 1.70 1.40 100 1 03 1.03 1.94 1.85 — Jun 3.40 20c 4.50 10c 1 700 Jan 215 * Ltd Oils — 1 Ltd Homestead 65c 1 —* Jan liyac Jan —1.22 Ltd Ltd Oils Petroleums — ... -* Oil Co * —1 Oils— Empire * 90C Ltd—: Development American Western i'/ Apr 52c 8,900 , 1 Petroleums Valley Trans JOHNS. cl Jun Apr 9.60 43c 2.17 Co United Oils Limited - 9.75 Oil Co of Can Ltd—* Oils Phillips OH Co Ltd ' 1181 St. Catherine Street Wfest, Montreal TROIS-RIVIERES 3.10 33c 1.82 1.70 2,000 4.75 2.80 2.97 Pan Western Oils Ltd Telephone PL-95oj?> Branch 4.15 3.05 • Pacific Petroleums Ltd EXCHANGE EXCHANGE 4.45 1.09 Apr An. 5.50 July 1.60 Apr Omnitrans TORONTO Ltd Island Petroleums Marigold Oils Ltd- Okalta & — Long New Continental SAVARD 500 1 Oils Ltd Oils Ltd— Kroy 48c 33c • Ltd Pete Jupito.r 9-.20 Jan 1.00 Feb 33c 50c Ltd Home Oil Co Ltd 1.26 Aug * . 33c ; 12 Apr Apr May 3.90 July ' 16,100 1 Fetrbleums of Canada Creek 1.40 * • — Gaspe Oil Ventures Ltd T4c 1.20 Aug 18c 1.35 Empire Petroleum Ltd Federated Petroleums Ltd July 6%c Feb Jan 1.30 1.35 ' * Mar 1.26 July Jan 4,300 1.28 1.36 1 _25c Producers- Ltd Devon-Leduc Oils Ltd 58c 17,900 1.35 - Del Rio . —1 Ltd— Jet Oils Ltd 1.20 ■ . - • • Oils 16% ;■ 1,500 3.2^ ■y - Jun ,12c ; 4.70 Jun 1.60 Ltd Oils 3.35 . 2%c Jan 5,500 1.20 36c - 1.96 Leduc Petroleums 9c 4%c July New 1.30 1,100 1.55 - —1 45 3,600 1.50 -1.15 .A——1- oaqe 7.75 1.50 New British & w* 1.75 May 6.00 Jan Canadian Pipe Lines Producers Ltd—1 Central Explorers Ltd • 13c f • - 1.00 July 100 Canadian ' 276 ST. 5,000 6.15 105 ; Feb 18c Apr 100 1.15 6.15 1 t — Jan ; 14% 11% 1.00 —2 Ltd Oil 23c 1,000 MEMBERS: Oils 64c 21,900 il 2.10 July 2:30 —1 ——. 200 May July 44,600 Ltd 2.10 — 15c 2%c Glacier 2.10 Warrants 41c 2%c a: Mines Ltd— 3.50 July 3,500 4.95 Sullivan 3.25 July 2,000 4.30 East 4,400 16c 853 Rim Nickel ai...'. 3.50 47c 20 East ADr 3.25 Atlantic ",t2.0Q ."A—1 2,175 3.50' *.——s. Canada 19% Ltd—-i 7.00 Ltd-:.— Lands Canadian 20 Limited Jan * * Oils : 2.20 ; : Mines 2.45 8.75 41c 1(15, Minerals Jun Jan Canadian Admiral Oils Ltd 1,300 . 1.60 5.25 13% -15c,' ■•t* 36c Asbestos 100 Jan 3.05 —1 Ltd—. 725 1.60 7.15 Jan 3.00 Ltd—1—1 14 1.60 6.90 6.60 Jan 1 Ltd_ May 14 1.60 Ltd 3.05 5c a__*■ July • 1 Petroleums 29c Dome For footnotes Jan * Petroleums Oils Anaconda 22% Mar 2.50 4,500 QUEBEC 30c 10 %c 10 %c 1 * Apr "9c Mines Cobalt Ltd Jun r8c Gold 74%c ' 42% July 12% Mar Jan Mines 5.00 9c Emerald - Products 2.10 Consol Central Cadillac Mines Ltd.—1 Eldona 4.00 Mar 1 Copper— & 100 4%c Mines————1 Candego & 5.00 Aug 5.00 * ,4,900 5c a- Oil Apr 5c - Ltd--—ill7. Malartic Feb 1.71 58c 1 - Ltd Mines 2.28 4%c Cartier-Malartic Duvex Jan 4.65 1 Ltd 5.50 —1 4 ± Campbell Chibougamau Mines Carnegie Mines Ltd—:— East Mines 2.19 ^ Bouzan ; 1.05 9c 68c —1 5.50 2.28 5c Dominion 24 % Jan 42c 10,000 ,1 1 Ltd-——.. Gold Feb Oil Stocks— 15% July 1,700 18c Mines Apr July 11% May -3,700 1 Chibougamau Jan 18%c Jan 1.25 5c Jan 20% 37.500 3.30 * 41c 2c • 55c -i-1 Consolidated Jan Calmont Oils Ltd 4 Bellekeno Mines Ltd.' Centremaque Feb 1.85 34c Calgary & Edmonton Corp Ltd Gold —* Gold 20% 38% Mar al2 47c Lake - 75 22 Mines Apr Apr 3,000 * Amulet Western Jan 39 % July 27 15% al5'/2 1 Base Metals Mining Corp Ltd..—: Belle Chibougamau Mines Ltd 1 Bob's 16% 120 Jan 75 42% a 9%c July 1.15 4.95 Corp Ltd Wendell Mineral - Corn, Ltd_ BarvueJ; Mines 85 al2 5 Ltd Metals 28% 1,480 r- 42% Ltd Mines Ltd— Sulphur Arnora 27 " Breweries Yellowknife Lead wineon a24 * Ltd Ltd Mining Stocks— 21% * r (Jack) 25c 5.000 — —_1 Ltd Malartic Weeden Feb * Class B Watson 3,500 " all3% 27 34c 1.000 29c 1.25 1 Ventures Ltd 21% Jan 20c 1.20 1 Ltd United Lead & Zinc Mines Ltd I Vinray a23 % 16c Mar 10c 38c Jan 35 2,500 Jan 1.04 May 5%c 3.35 Jun 200 14c 5c 1 9% 55 July July 9%c 1 4.25 19% 48 %c 7c 20c • Ltd Mines Ltd-.: Asbestos 7% Mar 54 Jun 55c 3,000 5c Tungsten Corp of Canada Ltd May 3.55 July 19% 35c 10,200 26c 1 Mines Ltd Mines 50 108 36,000 60c 7%c 1 Ltd Lake Mines Ltd 11% Jan Jun Apr 200 104% Apr 3.60 1 (1944) Sullivan Cons 106 65 Apr 2.45 Feb I Mines Jan 27 Jun 3.15 Jan 3.00 1 Ltd Gold Steep Rock Iron Mines Ltd 28 % May July 1.50 19,600 1.20 1.20 —1 Jan 2.00 Apr 2.02 oOO 3.50 7c Ltd—1 Sherritt-Gordon Mines Ltd Siscoe 93 May 2.25 2.00 55c 55c 1 Mines Royran Gold Fields Ltd July 8 Apr 36c 38 %c 37%c 1 1 Chibougamau Gold Fields Ltd—1 Quebec Copper Corp Ltd 1 Quebec Labrador Development Co Ltd_l May 4.50 5.60 3.45 3.50 1 Ltd- Ltd Jan 28c 2.07 1 Ltd Mines 18 %c July 2.00 Lca_l Dredging Ltd Prime 9% 27 Mar 26c 11 %c Mines Mines a3.55 21% Jan 50c Santiago 105 54 » 3.10 Apr 11 8% May 100 19% _• He 11 Vac 1.75 July May 40c 6% July 1.20 May all3% A— Jan 95c 9% a23% class Apr 'Apr Apr 93 July * Line Pipe Corporations 95c 30c a3.55 Gas of Canada Ltd United Jan 2,000 Que 13% Jan Jan 30c 23 % Corp class A_ Mountain 55c 7,700 Yukeno Traders Finance 6,000 3,800 1 100 pfd 70c 19,000 1 22 Power 6% 70c 40c 17% Jan 18c Rix-Athabasca Uranium Mines Ltd 80 24 % Ltd Southern Canada 14 %c Jun Jan 4.60 Jan 45% July 400 20 75 %c July 40c Rowan 35 __ Mar 5c 14% 1.85 Feb 1,670 1.60 Corp of Canada 6% 1st pfd-100 N C part 2nd preferred —50 36c 7,500 1.75 Aug 1,325 __ 5,500 16%C 11% 48 __ 500 54c 5%c 1.75 31 % 40c 1.60 __<1 15% 5c 70c • Feb 88% 1.60 100 Ltd.: Apr 17%c July Apr 30c 6 Stores Apr 73c 50c __ Jan 1.50 81% 63c Perchcourt 21% Jan Jun 88% 1,200 Orange Crush Ltd Jan 60c Porcupine May 18% May May 60c Ontario Pyrites Co Mar Feb 18 % 44c • Penn-Cobalt 18 — 78c 67 Oils Ltd Apr 50 _10 3,100 May May 30 5 Ltd Co 15% __ 54c United Newfoundland 12,400 Feb Feb 1.50 74c 17 1,108 „ 497 59c 39c Jun 15c 24 Jan 1,900 * 1.09 71% 52c Jun 95c Jan Pato 1.65 6% Ltd 1.04 22c Feb Feb 87/s 29% 27% Mills 500 May July Jan 215 * 5,000 Feb Apr 6c 5c 28 6% Ltd 23c 1.10 Jan Aug 10 Co 3c .May 2.17 13 Uc 28 6% Co 500 Aug 29c Jan 16 3.00 4c 8.75 100 15 a23 3.05 1,445 1 Normetal Mining Corp Ltd 57% ■ 9.05 8.00 1,500 Nocana 10 com_„"■ 36c Jan 71% __ 52c 1 Jan 93c 22c 1.04 10% Aug 25c 500 1.10 __ Jan 4,500 4c 8.75 815 32c 1.20 8.75 — 10% 28c 1.20 32c 2,000 New 60 I 9.90 10% 13c 450 93 Jun 20 % July a45c Jan al8 ' Aug 47c Jan Jun . 9%c Jan May pfd—*1 16c Jan 17% 1 Feb July 47% 7c 12c 800 _1 . Ltd 67 1.55 48 42,000 203,200 20% a45c Louvre 39 % 6 ; 16c 44c 19 1 32 18 38c. 13c 40c 9%c May 28 al2% al2% Mar 1 20 a23 al2% 28c 15c _• Ltd 32% May al7 31% Apr Apr 1 New Pacific Coal & 4.25 —* Jan 33c Ltd Feb 50 __ 15% 4%c 41c • Mines Jun July Mines 40% 57 * _* Paper Formaque Apr Aug |.65 1.75 July 58c Goldvue Mines Ltd—J. Mar Jun Ltd _1 Mines 54 29% ___« Ltd New JNew 18% common..* 13 %c July 1 Mines Ltd Ltd—— Mines 38 % 17 93 Ontario Jan 7 288 „ 6,500 1 Ltd 10 1,570 57% 16c _1 Cons Dredging Alger Calumet 1.30 Jan 24 __ * —100 13%c 1 Mines New Opemiska Moore Corp common Mount Jun Aug Ltd Ltd 25 a35 15% ' ' 3c ' Jun 1 Canada Mines New — a634 16 17c 200 of Nechl .3.65 Mar 23 __ 13% 4,000 1 Montauban Feb a6% al7 2,460 3c 5 Corp Jun 18c Ltd New 24% 24 Aug 14% 1 Ltd Jan 25 __ 56c Jan 2.25 a— 4% 1,000 3c Mining Corp Ltd 38 % 24 28 0 Canada Minnesota Mines 31 % May a35 __ Feb 1.05 58c July 17c * Mogador Mines Ltd Jan 14 a„ 1,750 Jan 56c 4c 6.50 14% Mining Feb 80 % Jan 2.50 500 a77 2.00 40c 3c Merrill Island 107/a Jan Jan 4.75 ;_50 Co Ltd 14 3.00 Mersey Paper Co Ltd Pow Apr 7% May 50 2,000 17c 1 Ltd Mclntyre-Porcupine Jan 26% 24 40 a77 4.50 Power & Paper Co * Teleg and Tel Co Ltd rights— Oil 4% pfd__ 100 & July 6% July 1.05 Preferred 57 Apr 64 4.50 __ • M) 7% Mar 103 a2.00 3.00 __ * Melchers Distilleries Limited 6% 64 al4V4 al4% __ * A 5% 1,000 10,050 1.75 1 Ltd—1 Lingside Gold Mines Ltd Monpas 100 Ltd cl 4% July 43 Co Ltd Goldfields _ 4c 7.90 1 Ltd Mines McColl-Frontenac Mexican Light Mines Louvicourt Corp (Walter Shore Macdonald A__10c Ottawa Co Lake Jan a6% 4c 1 Ltd Jun * pfd of Mar 1.01 July 8c Jan 1 Ltd Explor & 96 33% 1 Ltd Mines Mines 160 * Securities Publishing 26 Gold July Motor Co of Can class A Hydro-Electric Jun Mining Ladulama 85 « Journal Dufault Labrador 87 common Ltd Lake 85 1 Co Jan 85 ' 5 preferred——„20 Paner Mar 412 Jan Fanny Farmer Candy Shops Inc Lakes Jan 56 Apr 43 * Great 22% 30 Jun 18 % July Julj 1.28 14% High Jar 7.75 50% Jan 25% Mar 25 Co Mines Jun • 6% Apr 24 4 85c 56c 5 _— Mines Gold Mar Federal Grain Co class A Fleet Mfg Ltd Ford 45 Devel Yukon 150 Products Ltd Foreign Power Sec 6 43% 8,100 „ 1 16 Paper Co Ltd Ltd Kerr-Addison Ltd Ltd Ltd Kayrand Min 400 93c Jan. 1 Low 1 1,077 Engineering Works Ltd——* Mills Feb Jan 2 12 7.85 " Mines Mines 160 Dominion Oilcloth & Linoleum Co Ltd_* Structural Steel Ltd_ * E Mines 51% 20 1 Ltd 37% Dominion Steel Jaculet 20 % 795 __ Eastern Feb 113 Gold Mines Apr 27% 1,225 85c * Gold Cons Lake 37 * Paper Corp Ltd Limitee class A Donnaconna Hollinger Hudson-Rand Jack May 53'4 B Dominion Jan Jan Jan 160 A & Frere Class 2.00 18 15% 17 a49 Ltd Mines Ltd 160 Consolidated Div Standard Sec A Consolidated Gold 3734 common Ltd God's Lake * preferred... Alcohols Feb 18% 5% May 97% July . (1945) High 17 Va 1 : Range Since Low 17% ' * _—; 100 Canadian Westinghouse Company Ltd-*1 Catelli Food Products Ltd class A__ «• Neon 13% 133 a410 __ Shares „ 1,205 50 24% Apr Ltd Exploration 47 a410 53 for Week Warrants Kenmayo a49 __ 0 Canadian Western Lumber Co Claude 1714 27 Ms * « Products 1714 * Ltd Co 220 4714 __ 50 — Silk 93 47 17 % Canadian Ingersol Rand Co Ltd 6 Canadian Pwr & Paper Inv Ltd com__* 5% preferred ♦ Canadian 4,960 __ • common preferred 25 10% 9714 __ * Canadian Dredge & Dock Co Ltd Canadian General Electric Co Ltd Canadian General Investments Ltd al4 10 1014 * 1.70 ai4 __ __i preferred Canadian 1.70 __ class 10 Mines Mines Mines Frobisner High 5% Aug Company common $5 Low Nickel Iron Fontana Range Since Jan. 1 High 10 % ■> Packers Shares Low 10% Ltd Columbia Brown Co Fenimore for Week of Prices Sale Price 5 Falconbridge Sales Range Par . Anglo Nlfd Develcmment Co Sales Range of Prices Par Week's Last Week's Last Sale Price 1-40 1.08 May Feb 2.88 Apr 1.38 July 2.02 Apr 41 42 The Commercial and, Financial Chronicle (454) . . . Monday, August 4, 1952 CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED AUGUST 1 Week's Friday INVITED ENQUIRIES Sales Last Range for Week Sale Price of Prices Shares STOCKS . . . Par Canada Iron Foundry Canada Malting — Class Perm 19 51 150 45 9% 9% 75 ' 27% 27% 27% 770 26 Feb 44 44 45 95 43% May 10% 10% 205 8.35 Mar 68 70 85 52 Montreal Stock Exchange Toronto Stock Exchange 44 Mar 95c July ' 68 47 72 • 1.10 95c 1.15 20,134 2 5.90 5.90 6.05 1,184 10 Oils Atlantic Jan Mar 28% 27% 50 . Admiral Canadian Jan 30% 32 * common—. Canadian Jan 35 65 20 Preferred BRANCHES Niagara Falls 11 33 Canada EMpire 3-8611 • West, Toronto MEMBERS 9% 33 ' 40 Adelaide St. Aug Apr ' 1 Lines July Apr 51 * Mortgage S 25 33 Canada Southern Oils S Jan _* : B Canada 800 50 ——• class A Packers 23% 51 " Canada 22% * — High Low High 23% 10 Canada Northern Power Range Since Jan. 1 Low Oils i 47 • — 147s Apr May 75 Jan Apr 49% 1.70 May 8.25 Jun 5.90 Jan 49 Apr Canadian St. Catharines 28% 1,338 Apr 28 % Aug Breweries * 17% 16% 17% 2,257 16 Jun 20 Jan Canadian Oshawa Vancouver Stock Exchange Winnipeg Grain Exchange Bank of Commerce Canadian Canncrs • 31% 31% 31% 537 30 Mar 34 Canadian Montreal Curb Market Calgary Stock Exchange Car * 15 14% 15 350 12V* Apr 20 15% 15% 16% 160 15 38% Class Range Abitlbl Power & Oil & Distillers Voting Algoma Steei Locomotive Jan 18% Apr Products Cos' common Oils Canadian Feb Canadian Mar 28c Apr 25c 29c 18,700 12c Jan 69c Apr Canadian Pipe Line Producers Canadian Salt Co Ltd Jun 10% Jan Canadian 2.00 Apr Canadian 10 850 1.64 23,400 1.30 1.38 5,525 3.35 3.65 328,695 3.30 3.40 100 2.20 2.10 2.20 2,800 ' • Jan 6 8% 1.65 Apr 3.65 Aug 2.55 Jun 3.30 July 3.40 July 2.00 May 3.15 Jan 2.50 of Canada preferred— 1,011 54% 2,970 107 1,655 50 Minerals Central Leduc Central Patricia 125% Feb Central • Ltd— Petroleums JLeduc American Jun American Nepheline 70c 8,600 60c July 69c 500 62c 56c 397,700 41c 3.45 1,200 69c Feb 1.01 Feb 70c 3.80 2.50 May Anchor Petroleums 1 — Mines Ankeno Apex Cons Arjon __ Jan (1937) Atlas Mines 80,825 68c 5,000 62c 22c 22c 2,500 16c 4,000 11c July 43c 10,000 37c July • 2.25 2.15 2.25 July Charter Oils Chatco Steel 6 12 12 Mar Jan 9.60 115 9,400 Chesterville 1.25 1.15 1.25 2,100 1.20 July 1.70 Mar 5.25 May 8.20 Jun 13 %c Jan Apr 86c May 13 840 79 80 155 15c 5,500 80 Silver 25 %c Apr Cochenour Jan 50c Feb Cochran-Dunlop class A 14 Jan Cockshutt • 17 87 Feb Coin Lake 1 13c 17c Apr Coldstream Copper 1 1.84 Colomac Yellowknife Commonwealth 11% July 79 July Jan 11c Farm 1 Equip 2.28 12,600 205 158 157 163 10,20') 10c 13 %c 21,550 14c 20% May 23"% Jan 12 %c Jun Jan 1.46 2.05 Feb 8c Jan 3.10 18% Mar Apr 4'/aC 7,702 4.50 4.50 200 13 13 13'A 215 62c 70c 4,000 1 1.33 1.26 1.35 37,478 1 16c 12c 16c 11c 7,395 1.05 Mines 13c 12c 13c 3,500 12c Jan 20c Apr Consolidated Allenbee 19c 19c 21 % C 34,800 12c Jun 31c Feb Consolidated Astoria Bakeries 8c 2,400 6%c Aug 12c Apr Consolidated 3,000 15c Jun 24c Jan Cons 67«c 3.00 3.00 3.10 2,700 2.86 Feb 4.85 4.85 4.85 109 4.85 Aug .1 16c 1 7.75 1 Cons__ Montreal 6,700 3.60 May Central Consolidated Oil 36% Cordasun 21c Feb Apr Consolidated Lebel Jun Consolidated Consol Mining & Smelting I Apr 31 July 38 Jun 41 Jan Consolidated Rochette Feb 1.50 July Consolidated Sannorm Apr 6.65 27 35% May 37% Jun 36% 622 38 38% 332 1.28 1.25 1.33 5.35 5.20 5.70 3.00 2.90 3.00 — 13,150 12,420 8,660 6c 90c 4.95 2.85 July 20c ■ Jan O10 Class class Press 6.200 57,400 73c 20,630 33c 21,300 8%c 12c 10 %c 12c * 37% 36'/e 37% 7,128 32 15 %c 15c 16c 5,766 13c A 4.75 4.75 50 2.25 2.25 600 15c 17c 45,300 14c 12c * 1 Mines 12 3/4 c 12 3/4 • 8% Corby Exploration 1,400 4.00 9,200 8 s/8 3.95 Distillery common voting—* Mining 1 Bit * Conwest 1.15 Mar c 14% 3.65 14% Beattle-Duquesne Mines Ltd Beatty Bros Bell Telephone Berens Bibis 80c Jan 52,450 30c Jun 65c Jan 55c 60c 29,200 55c July 67c July 43c Mar 63c May 7 Mar 9% 341/4 Apr 39% F.eb Crown 14c Jun 40c Jan Crowshore Patricia 5.15 83/4 250 —25 55c _ _ 125 Jan 7,753 18c 12,000 3.75 300 45c 45c 1,000 37c Feb Jun D'Aragon Mines 1.27 1.20 1.32 28,600 70c Feb 1.4C Apr Davis 46c 54c 5,800 45o Jun 1.15 Feb _ 10 %c 13c 50,700 1 __ 52c 13c Biltmore Hats class A pfd * 1 27c 1 24c — 3.50 May 4%c Jan 13 %c July 13 — 13 25 12'% Jan 14% May 25c 28c 24,300 15c Jan 38c 22 %c 24 %c 7,100 22c July 45c ' __ i._ « Bowes Co _ _ 11 * 11 %c 16c 44,000 6.40 6.00 6.50 1,570 16% Bralorne Mines 100 12c _ 11 161/4 50 10% 11 7,874 10% July 9%c Jan 5.80 Feb 11 Leather 23%c May Jan 42% Feb Jan 20c Mar Cordage class A Brazilian Traction Brewis Red Bristol ordinary 11 Lake 3.00 July May 26c Feb Apr 17 %c Apr 14% Aug 127a May 3.50 Feb 4.50 British American British Oil Columbia 18c A Delnite Rio Mines 4%% pfd—, preferred .100 -100 British Columbia Jan 6.90 July Columbia British Empire Reef Mulls Class B Power Oil class class A class 14c 29,700 10c May 21c Feb 70c 15,300 65c July 92c May 6.80 7.00 2,200 6.00 Apr 211/2 22 y8 9,970 20% Feb 78 78 78 90 90 90 'A 142 6% 61/2 3,780 Red Apr Mar 91 Jan Jun 8 Jan 14 150 11 11'/4 205 11 July 19 Feb 31 430 30 Mar 33% Jan 1.57 1.53 1.69 49,550 1.83 1.88 23,650 1.39 Mar 18 >/2 150 16% May 71/2 8 290 7% 12'/2c 14c 3,500 8%c 1.00 1.05 2,000 92c 201/2 c . — • 35% 35c 5%c Jan 12c 19% 20 160 40 40 10 29 29 128 class A 7% 7% Bousquet 8%c 14% •13% 20 % c Flin Flon Apr. 30% May 36 Feb 25c 41c 22 y2 1.79 1.82 1.90 4.10 4.80 29c 31c 1.03 18,300 1.87 10c Jan Jan 7jA Jan Mar 1.95 July Jan 5.00 July Jan 36c Feb July 3.15 2.45 3.15 92,600 Jan 3.45 25% 243A 253A 3,450 21% May 26% Jan 8.60 8.50 8.65 1,450 8.15 May 11'A Apr 20 y» - 2.00 16% 21 Jan Apr May Dominion Magnesium Scottish Inv Dominion Steel Coal Dominion Stores Dominion Tar 5.00 21,800 4.00 Jun 273A 28 575 26 % Apr • com 2,189 4.30 28 13% 12 5/e 13s/8 5,680 97 97 97 30 96 Jun 100 Mar * Steel 20'A 4.95 „100 & 19''A 1 Preferred 10 % 10 10'A 425 10 Apr 12 Jan 41 July 43 25 18% 173/4, 187a 2,568 11% 105/a 113A 2,150 • 42 41'A 42 355 19% 193/4 193/4 100 19 • 107a 105/a 11 300 10 4.80 4.80 36c 40c 14,800 15 Woollens 15 100 * Mines 1 40c Breweries East Amphi Gold Mines! East Crest Oil East Maiartic East Rim East Sullivan Nickel Jan Jan. Jan 20% Feb Apr 13 Jan 7% Jan 55c July May 88c 87c 90c 6,800 59c 80c 77c 83c 25,600 60c Jan 20'A Apr Feb 1.40 Jun Apr 97c May 1778c July 34,500 7%c Feb • 15c 15c 16c 10,100 15c July 1 3.55 3.20 3.65 114,450 85c Mar 3.90 July 1 1.27 1.10 1.28 134,400 84c Mar 1.45 Apr 1 8.20 8.10 8.25 2,870 9.25 Jan 1 ; Mines 12 Jan 12% Jan 4% July 36c Jan 45 1 : 19% Jun 1 Dragon Oils & Gas Oils & Minerals 15% Apr 453A Feb 37% May __50 common common 14% 9% Mar preferred Chemical Textile 43 • 23.50 & 5.20 30 11% May • & Preferred Duvex 4 37,435 29c 17c 17 May 15'A May 7,200 4.40 10c Jan May lo Foundry Dow 95 110 26c • Dominion Dominion 2,000 5'A 116 Jun 7%C Jan 2.50 Bank Donalda 11c 16% 107 May 2 Dome Mines Ltd Dominion 26,500 48c 25c Seagrams Explor (Western) Dominion 5 20c 16 16 107 15 %c May ! Mines Mines 15c 14c 177ac 28c 7.50 May Mar ADr Jan Jan 18% July 50 Jan 32 y8 Jan 2,000 6% July 8% Jan 9c 2,000 7c Jan 15c Apr 14% 1,751 13 y8 Jun 19 Jan 20c Jun 43c Jan 201/2 c 21c 11,725 1.57 Oils Apr Feb 1.56 1.65 12,100 60'/2c Oils Apr Jan 29 Calnorth Jan 1.39 Mar 18c 40 Edmonton 9 21c 7,000 19% A Jun Jan Mar 4,000 365 class Jan 6c 5,000 B 1.89 July 19 21c 29c Jan 1.99 July 201/4 c 35% III Burlington Steel 20 6c 1 35 & 1.52July 17 % 7% Lake Co Jun 1.88 26c & 13% -1 Building Products Bulldog Yellow Knife Calmont 80 14 -1 Buffalo Calliman 5y4 17% Canadian Calgary 87 Mar 30% —; Buffalo Burrard 77 Apr 11 A Ankerite Calder 123 9.85 Mar 26 31 —1 Gold Buffalo Class May A— —1 Mines - Buffadisoii Burns Jan ; Class B British Bruck 13 y4 13c Packers class A- Broulan 10 Feb 17c Feb 7.00 Jan 32c 1 Distillers Dome 11c 1 Minerals Dominion Feb 65c 6% Forest Products- British Columbia Jan 15%c Apr 4.00 May 4,000 43c 1 Producers Ltd Devon-Leduc Oils 17 y2 7.00 4% Jan 2.000 41'Ac lie ;* * Jan July 15% May 221/4 common Elec Apr 12 Jun 9c 165 5'A 20c __1 — Detta 69c Britalta Petroleums Ltd 8 1,000 107 1 class ADr i3%c Oils Jan 6.50 July 14c 14 %c 41 %C 100 • Dominion Asbestos Mines Brantford July May 4.50 4.25 4.50 1 Class B De 11 %c ll3Ac __i Trust 36% 16c 3.70 1 * Mines Pershing 16c 1 Bordulac Crestaurum Croinor 3.70 Bobjo Mines Boymar 2,775 8 357a 36% 55c Craig -1 1 __ Mines Bidgood Kirkland ] Cournor 1 ... Apr 2.26 July 74c Jan .m 52c 7% Gold Yukon 1,600 48c —.1 _ River Bevcourt 1.10 40c 60c * Bata Petroleums Ltd (H) 1.05 May 1.75 Jan Jan 1.50 July 500 14 100 Gas 4.75 Feb Jun 9 13c 1.30 May * 10 3.05 July 1.00 1.45 2.26 67c Apr 27c Jun Apr 1.34 Apr 1.85 July Jan 2.00 Feb 83c Feb 6% 72c 2.25 48c • Quebec Jan 133/a • • _ Mines Apr 7c 4.75 May Feb 7c 1,000 1.38 B Consumers 1.25 12c 2.00 .1 Nicholson Consolidated 56c 1 Apr 135 -1 Barymin Co Ltd_ Belleterre Jan May 2.40 Feb 11% Jan 526 9c 3.60 1 Discovery Howey 8.25 30 —1 Barvue Mines Ltd Bellekeno Feb 19 19'A 3%c July -1 Consolidated 9%c 1,000 36 Oils 9 9c 1 Feb Mar 14,000 * —lo Jan 6.25 8 3A 9 Cadillac 7.70 July 14c 7.75 8%c 29% 30 10 Bank of Nova Scotia 16c 167,c 7.70 8%c 10 Base Metals Mining Jan 1.78 July Jan Apr 14% May 6,400 3%c 1.45 15 12,700 1.84 65c 22% 1 - 1,242 1.75 1 21 _ Toronto 64o 350 17 8c 8,550 * National Conduits 22% * __ Barnat Mines 26 %c 23,600 19 1 Petroleum 1 A 66c 13c 14 %c Coniaurum Mines -1 - 2.10 16% Mar 17c 17 %c _ 5c Apr Apr 3,405 1.57 1.78 163/4 * Willans 17% 63/4c _ 64c 1.52 18'/a 1 Cobalt Feb 26c 12c Lode Mines Jan 10 %c July Feb 3,500 1 Ltd— Explorers 500 29c 4,000 5c Jan 50c 5%C 28c 8%C 8,500 7c Jun 5%c 28c 8c 7,500 Jun Mar 5%C 1 Mines 1 13,150 July 1.40 1.32 Citra-Lartic Mines Ltd 7c Feb 12 1.26 Jan 48c 8 Feb 9 1.12 1.26 62 %C 14c 16%C May 1 Mines Cheskirk 2.35 50c Jun 35c Jun 50c 57a May 225 6 * 250 6%C Mar 19 %c Mar Feb 1.20 6,250 —* common Wines Chateau-Gai 14,990 . May 28c Feb 12c 12'Ac 34c ■ 87c Feb 37c Apr 5.65 July 2.60 Jan 43c 32c — 12 5.20 Jan 1 1 class Warrants 8,950 5.35 66c 32c Bailey Selburn Oil & Gas class A_ of 10% 4.50 1,140 Bankfield Bank 9.85 4.80 6.25 _ of 10% 1 1 Consolidated Bank Apr 6.00 Mines Bagamac Apr ' 3.75 -1 2.15 Mines Gold 4.80 Jan 1.10 Jan Porcupine 167, Yellowknife Auto Fabric Jan Jan 2.17 * • Aumaque 1.60 3.50 1,000 Chamberlain Oil & Gas 2.28 Steels Atlin-Ruffner 1,700 7,890 Chromium * Atlas 6.50 Mar Centremaque Gold 17% Ltd Co 21'A July Jan 1 Gold 1 B Mar May 2.05 • Oil -10 _ class 30 14 3.25 July, 13 %c Corp 257s Mar 1.45 14% July 100 __ Aug May 4.25 . 45c 12% — 7 5 2.90 May — Apr 1.66 May 1.45 15C 48c May 40 3.85 152,625 11'/a 100 Feb 1.35 July 1.45 45c » ■ 32% July 4.25 24c common. Athona Mines Aunor 574 2,175 40c III Hardware Aubelle 14 33c 13,720 3.75 29% Aug 95% Mar 25 21'A 3.55 1 _ 1 Ascot Metals Asher Oil 7.60 May 26 3/4 167a 21 3.75 Chlbougamau Gold Ashdown 7,280 263A Jan 1,275 1 — Resources Preferred 16 %c July 7.90 * Area Mines Corp 7.80 6,100 7.65 14 . ——__ Aquarius Porcupine Argus 17c 18 %C * — 7 1 Chemical Research Anglo-Canadian Oil Anglo-Huronian Anglo Rouyn Mines 24% 5,918 6 Jan 72c 15,500 7 31 Feb Jan 1.12 July 3.25 '1^'' Apr 26c July 41c 3.25 • 24% July Mar 541/2 c ' "III American Yellowknife Anacon Lead ' 15c 67c 70c ♦ 1,100 36 1.57 4.00 Jan July May 50c * Explorers Central 18c May 1.90 Apr 57% Mar 1 . Jan 18c Amalgamated Larder 20 90 35 1.45 • Ltd Trethewey Jan 23 99 98'A 1.50 * common Cassiar Asbestos Corp Castle 935 35% * Gold Cariboo 29% 2.50 305 10,200 283A 29 y2 * Williston Canadian July 96 2374 Corp 65c 2.00 May 2374 Tire 100 23 67c 1 Vickers 56% 43 • 3.00 60c 22% 66c 25 Pacific Railway July 45c 25 _ Jun 3.00 48c Jun 43% -100 preferred Apr 200 48c 102 3/4 5% May 2.20 48 53% 6% Mar 99C 45c 105% 18% Mar Feb 1.42 2.20 * 25% May Apr ' Aluminum 1.30 950 • lie ' 11,900 54 * 3,200 3.65 14,833 1.60 50 * 20c • 35c 1.45 * Canadian Maiartic 20c 1.35 31c 1.45 53% . ; 15% July 10 — / \ common 25 2.20 Ltd Aluminium 14 1 — Canadian High 50 1.55 —* —.—--iCons Food ; * trust Pacific Alberta May 30c * Pete Dredge 502 10 * 28c 80c 80c * Devonian 425 — common 1.35 May 18 1.63 * Gas__ Alberta Consolidated 15% Aug Aug 25 %c 1 — Petroleums Ltd Albermont Aioerta — July 80c 5% » Knife 14 8,316 25% « x Yellow Akaicho 3,940 86c 20c * Ajax Petroleums 893 15% 5% III1 Agnew-Surpass 47% 14% 15% 25% Jan 44% 15% 18 * 49 46% 5% 25% ___• ~ — Acadia-Uranlum 12,563 Apr • Canadian Range Since Jan. 1 LOW 147a Jan • common Decalta Canadian High 14% 147a II20 $1.50 preferred Common Gas Shares Low • Paper common— Acadia-Atlantic class A— Acme for Week of Prices Sale Price Par 17 % * Celanese Warrants Sales Last STOCKS Jun Canadian Chemical & Cellulose Canadian Week's Friday Feb 16 % May Canadian Exchange Funds Canadian A Canadian Toronto Stock common 24 60'/2 c 65c 13,400 36 24% 1.50 51c May Jun 2.48 Jan Jan 1.53 CANADIAN SECURITIES Gairdner & 40 Wall Street, New York 5, N. Feb Calvan Cons Oil & Gas 7.00 6.80 7.05 5,650 5.45 Jan 8.85 Campbell Chlbougamau Campbell Red Lake 2.95 3.00 800 1.98 Jun 3.35 Jun 8.40 9.20 8,182 4.30 Jan Canada 9.20 Aug 3.50 3.50 3.95 165 2.50 May 4.00 July 75 68i/2 75% 1,793 28 271% 28 247 71/4 7% 75 7 Jun 15 15 50 15 Jun • Y. Telephone: WHitehall 4-5336 Apr 2.95 9.20 Company Inc. Bread common Canada Cement common Preferred Canada * Class Foils A -20 common • For footnotes see page 45. 65 Apr 75% 25 y2 Apr 28% July 87/a 17 Aug Feb Jan Inquiries invited from Dealers and Institutions Toronto • Montreal Hamilton • • Quebec Citt Kingston • • Kitchener Calcary Number 5139 Volume 176 The Commercial and Financial Chronicle ... (455) CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED AUGUST Friday STOCKS Week's Ran re Eastern Metals Eastern Steel * El Sol 32,400 6% 6% 7 780 6% Jun 4.00 4.00 400 3.50 Jan 4.00 20 Gold _ _ _ 22% 22% 100 20% July 25 >4 62c 13,800 48c Jan 77c Apr 19c 14,300 18c Jan 49c Feb 12 %c 12c 14c 22,032 11c Jun 18c Jan 1 6c 5%c 6c 4,000 5c Jan 7 Vic Apr • Ltd 1.37 1.25 1.40 7,450 1.00 Feb 1.65 1.30 1.30 1.40 9,100 1.01 Jun 2.60 1.43 1.51 14,400 1.23 Jan 2.32 68c 68c 545 48c Jan 18 17% 18 % 36,794 11% Jan 15% 16 921 15% Jun 18 23% 23% 23% 355 22 Apr 25 1.54 1.40 1.55 16 15 16% 24% 24% 9.80 9.50 9.90 7,727 84c 98c 37,317 38c 27c 3Sc 77,250 14c Apr 7 7 25 28c 30C 14,200 1.60 4,350 ^r~, Falconbridge Nickel. • • Farmer Fargo Oils Ltd Candy 1 Shops • . Federal Grain common • Preferred Federated Iron • Petroleum Fenimore 20 — __ Mines Warrants ; Fibre Products Flank Petroleums Fleet Manufacturing Motor Fraser preferred 10 _ — * : class Cos _ • 1.60 • A * common Co Gas 57 16% Exploration 5% of Power 7.95 67,207 1.25 2.00 41,165 100 100 90 1.65 1.77 18,300 4.25 4.15 4.30 1,215 31% 31% 30 57 • 58% 232 7 1.40 50 Aug 71/2 July Jan 52c Apr Jan 1.90 Jan Feb 15% 3.80 60 Mar Jun 18 Jun Jan 30c 95 Jan 8.50 Jun 1.05 17 Jan 3.40 29 Jan July 2.05 A» 18 % May 96% Apr 2.00 Aug 100 Aug 4.30 July Jun 31% May 55% Jun 58 % Aug _1 Steel 9.50 475 8.25 Jan 12 % Apr 8.60 9.00 2,760 8.20 Jan 11% Apr 16% 16% 200 17 VaC 17 %c 18c 5,700 9.75 9.75 9.95 2,032 8c 8c 8c • Wares 9.30 8.60 1 _ 9.50 1 _ 58 Vs _1 common 56c * common Lake Lake _ — _ _ Gold 3c 17% Apr 28 %c Apr 12 % Jan 7%c July 15c Mar 3c 7,500 2%c Feb 3%c Apr Jan 57 Vic July 27c 56,800 17,150 36c 22c 15 %C Feb 9 10 3,500 8c 7%c 7 VaC 6,500 6%c 13c 4,000 10c — — 9% _1 - Jan Jan 9.60 May 12c 1 _ 1,500 15 12c 50c 57 %c —— Mines Eagle Mines —— 31c Feb tfuii 12c Arrow Golden Manitou Goldhawk _1 Jan 18c May 23 Vic Apr Jan 7.20 Jan Goodyear Grand Tire 3 VaC _ preferred Class 35c 2,000 25c 17% 16% May 18% & 18% 2,173 • 11% 12 1,500 11% 11% 200 * _ _ _ 3,550 29,000 9%c 9%c 9%c 10 %c 12,500 9%c July 51c 55c 103,100 23 • Gold 13c 10,000 Jan 15% 16 190 12 %C 14%C 3,050 & Reduc 7% 2,733 9c Jun 21c Jan 15,500 19c Jun 31c Jan 17c 512 14c Jun 31c May 20c 7%C 7%C 23c 25c 30 13,124 6% Mar 9% May 8c 9,500 20c July 6%c Feb 15c 42,000 6%c Jan 30c May 2.10 2.01 2.10 16.800 8%C 8%c • 61 %C 71c 2.01 Feb 3.25 May July 8%c July Sarcee 9%c 16,000 15c Jun 61c 67c 44,850 44c Feb 1.10 Apr 65c 65c 1,500 60c July 84 %c Jan • Mining 3%c 3%c 3,500 3%c Jun 6c May 27%c Jan 54c Apr 34 Feb • 31c 31c 1,700 27 28% 12 27 147/a 14% 15 4,110 13 • 15 % 14% 1 Gold 30c 28% 5 10%c • Smith Paper common • 5c 63% 1 37 %C Husky Oil & Refining Ltd 1 1 3.00 3,150 64% 6,255 37 %C 38%C 5,300 Apr 13% Jun 9c July 4c Mar 17 Jun 1.60 Feb Jan 45c 9.50 July 20 %c July 160 29% May 37% 75 36 36% 5,215 9% 9% 1,318 37% 36 Jan 34% Jun 8% July 5% Jan £1 6 6 6 23 23 23 100 22 * 19 19 19 250 • 53 J/2 52 53% 565 18% July 35% Jan common Acceptance common preferred 40 Inglis (John) & Co Inspiration Mining Metals Nickel Co International 11 Jan 7 July 23% July 19% Apr 53% Aug 52 52 50 9% 125 41 % May 8 Mar 52 9 11% 11 11% 375 11 12 42c 44c 6,500 1 Petroleum class A 43C • 34% 35 140 44% 45% common 46% 5,800 35c Feb 32 Jun May 42 Mar 31% 1,687 4%c 5c 60,550 4%c July 1 Mining Mines 30 47%c 13c 10 %c 13c 1,000 9c Jun (1939) 7%C 7%c 1,500 6c Jan 8c 54c 31% 1 Ltd • Gold 1 Mines 66c 70c 14,500 7%c 69c 8c 5,650 1 41c 44c 11,100 • Jupiter Oils Ltd 44c 3.65 3.35 3.75 1,830 Jan 44c • Gold July 9% Aug 40% May 23% Jan • Jan 38% July 40% Feb 9% Mar Kayrand Mining Kenville Gold Keyboycon 19% Mines Mining & Laurentide Mwll Ivlll inc 1IIV* 48% Jan 39% Apr 8c Jan 18c •... "t.'o'.UuJ Winnipeg • - - Jan 67c Mar 2.40 2.50 14,800 17 17% 390 9.85 •103/4 7,425 16% Jun 8.25 Apr 18% Jan Jan 107/s 5,400 25c Jan 36c 1.15 1.27 27,200 76c Jan 2.40 38c Apr May Feb 24c 25c 6,750 18c Feb 24c 25c 1,500 20c Feb 32c May 8.50 9.25 4,255 July 13% May 36c 38c 4,625 34 60 3.10 1,800 5.50 5.65 Gold Apr 6Vac Jan 23/4C 7,000 2Vac Jun 8% 8% 100 6% Jun 250 4% Apr 7 July 8%c 9c 6,000 8%c Jun 23c Jan 60c 69c 17,100 45c Jan 1.15 Mar '1.10 1.12 3,400 1.05 Jan 1.27 May 16Vac Jan 7 20c 6,000 7c 1,000 6 %c Aug 9c Feb 70c 510 65c Feb 78c Jan 31% A. 19c 70c 31 31% 727 29 May 32 Apr 31% class 31% 31% 235 30 May 32% Jan 5c I,500 4VaC Jan 7c May 16,600 31c Jun 62c Apr 24c 3,500 21c Jun 40c Feb 13 %c 14 VaC 4,800 12c Jan 17c 23'/a c 22 VaC 13 Vac Goldfields. Mines. Mar 34c 35c 39 VaC 5c Yellowknife 1.75 Jan' Apr 2.25 2.10 2.10 550 1.01 1.15 31,800 90c Jun 22c 22c 22c 4,100 9%c Feb 35c May 6c Red Lake. Macho 2.07 1.05 Mines. Macfie 7c 6,500 4Vac Jan 9c July 1.02 1.15 34,010 3.30 3.55 19,570 20 2,515 River Mackeno Mines 1.05 MacLeod-Cockshutt & Gold Bloedel Madsen Red Magnet Mines class 3.40 B 20 Consol Lake Gold Mines 1.93 1.93 2.05 6,000 15c Manitoba Sugar preferred Maple Leaf Milling common 5% preferred 16c 14,500 2.10 2.20 II,050 10 101 5c Malartic 18c Gold 17c Ltd.! 70 84 40 5c 5c 1,000 17c 19c 49,510 12 %c 22 3/4 c 261,650 Jun 2.65 Feb Apr 1.55 -Jun 12c Apr 1.65 100 Feb May 7% 83 Apr May 47/8c Jan Feb 1.56 1.65 Feb 3.75 July Jan 26 2.20 Jan Jan 23c 2.36 July Jun 105 8% Jan Jun 86 Mar 6c 7c Feb 20c July 8VaC Feb 22 %c July 1.50 May 2.27 Apr 1.72 10,200 67c 12,700 11 11% 8,435 10 Vs July 40c 40c 42c 7,000 38c July 42c July 20c Matachewan -. Lead Ltd 20c 24c 12,000 17c Mar 32c Jan 29c 111,850 25c class A Frontenac 38% Preferred 10 Mclntyre 72 Mclvor 15 11% 150 39% 1,150 89 25 26c 33c 47,600 Lake : 14 %c Apr 10% Jun July Jan 13 Feb 33c 12 July 34 Va May 45% 80 Jan 94% Apr 26c Jan 41c Mar Jan Jan 81% Apr 15 50 14 July 18 Apr 42c 4,350 38c Mar 48c Apr 4c 1,000 4c Jan 8 VaC 3,242 6c 72 , 7 VaC Mercury Mills , 13.5 100 56c 5,100 63/8 50c pfd 230 2.50 2.50 Island Power 70c July 15 713/8 4c . & 65c 40 %c Porcupine Drilling McKenzie Red Lake Red • 37% 89 31c Gold 22c 11% common McDougall-Segur Light 10 73c 17% May 65c 65c 11% Grain 8% 1.63 Marwayne Oils Ltd Massey-Harris Mines 101 8% 83% 10 Maralgo Mines Oils 19% 2.12 Goldfields Mexican Jan 8% May 6 VaC Louvicourt McMarmac 3%c 19c 39 %c MacDonald Jan 13 10Vac Jan 70c — McLellan Apr 10 % Lomega Gold Long Island Petroleums. Marigold 6.25 75 1,600 6%c 11 — Groceterias Marbenor Feb 3.25 Jan 8% A. Gold Long Lac Malartic 5.25 May Jan 35 Va Jan 1.10 Lexindin MacMillan 2.30 69c class Gold Macassa 49c July 31% July 7C 6% B 1,100 8.50 25c July 12 B Mid-Continent Mill Oil 110 67 5Vac Jan 12c May 3.00 Jan Apr 2.00 Jan 43c 73c May Apr 77% 6% May Jan 42c 39c 42c 94,750 35c Jun 73c Jan 56c 58c 4,100 55c Jun 87c May 1.70 1.70 1.70 1,700 City Petroleum Milton Brick Minda-Scotia Mindamar Voting Mining Model Montreal 4% Jun 5.45 18,665 3.35 Jan 5.45 Aug .5.00 4,000 3.25 Jan 5.00 16 15% 16% 4,360 14 V* Jun 2.03 2.19 3,720 16 16 400 37c 39c 55c common Porcupine Montauban 87c Feb 14,950 5.10 5.00 2.03 - Knitting 38c Mines 65 60c 72 5.45 Corp Corp Oils Moneta Moore 72 1.80 Mar 1.50 July 5.00 Metals trust Monarch 55c Locomotive . 17% July Apr Jan 3.10 14 Feb 17% Jan 1,650 33c Jan 50c Apr 1,000 55c Jan 1.85 1.00 Apr Apr Jan 14 y4 Mar 17 22 Apr 27% Aug Jan 24% Mar 16 15 16 255 27% 26% 27% 1,310 24 24 50 22 % 7 VaC Corp common preferred Morrison 73/4C 75 7%, Apr 9 Jan 7%c 8c 4,100 7c Jan 9c Jan : Brass Mylamaque Mines 7%c ; Jan Naco Oil Ltd National Drug & Chemical 39c 57c Jan 5.00 Apr 1.15 National Grocers 2,900 9 9% 545 7% Jan 11% 11% 25 10 Va Apr 11% 14% 143/4 143/4 50 137/a Jan 15% 28 28 28 50 27 Vs Jan 7 : 7 394 class A Hosiery 1.15 7% __z. Petroleum Steel National Trust :__2 73/4 590 2.55 2.52 2.70 800 26% Car 25% 263/4 2,437 26 Mines Labine 26 26 10 42c on Nesbitt 1.08 July 1.18 9% common Preferred Negus 1.43 May 11% common- Preferred 42c 45c 6,600 7 7 9% Aug 9% July 9% Apr 25 41 %c Feb Jan Jan 3.60 Mar 2.45 May 24 Va Feb Jun 28 29 % Apr Jan Apr 27% Feb Jun 80c Apr 3.50 Mav 2.65 May MARKETS Uranium 2.95 New Alger 18c 15c 19c 65,854 New British Dominion Oil 3-05 2.75 3.05 25,826 2.60 July 4.25 Calumet Mines 1.75 1.75 1.84 28,465 1.71 July 3.10 Jan New Concord 2.40 2.46 7,250 1.48 May 2.94 May Ottawa regular New New Development Dickenson Mines commission rates 50 New 11,375 47c 41c 47c 18,500 3.25 3.55 17,580 8%c 41c 1.33 July 19c Feb July 48c July Apr Jun Jan 3.90 Jun 18c Jan 13c 14 %c Malartic Gold Laguerre Mines Mines Marlon 3.10 2,250 12c 42c Goldvue Hugh 2.95 3.50 41 VaC 43c 10,375 29c Jan 74c Apr 9c 9c 10c 3,500 7Vac Jan 15c Mar 7%c 73/4C 73/4C 3,000 6c July 12c 12c 11c 13c 11,000 11c July 30c Fortune New Newlund 3.00 8%c Acceptance Lencourt New For footnotes see page 45. Jan 29c ■ • 1.70 2 VaC Mines New Jason -- 24c July 12 New Davies Petroleums , July 23c Island New ' . • 13 %c 7,900 New Street, New York 5, N. V. Montreal 4,000 32c 6 VaC May at ■ Apr 14c 29c 5.60 May Telephone: Digby 4-3870 Toronto 2.40 Jan 1.00 Jan CANADIAN 37 Wall Feb 2.85 11c Orders executed Jun July 70VaC common Leduc-Consolidated Class B W 8c 95c 6,800 34 Mining "U" Merrill Mar 3,000 23,562 Cadillac McCabe 17c 8C 1.17 Lamaque Gold Lang & Sons Mayo July 75c Mines McColl 20 % 36c of the Woods Marcus Feb Apr Jan 8.70 Wasa Lynx 167/s 203/a 24c Lake Class 4,419 19% 24c Lake Loblaw 38c 27c Lake Shore Mines Little Mar 1.10 10 % Lingman National Ml ww! Exploration Lake-Osu Leitch 21c 28c 17% Ltd. Lake Class 9,300 25 %c 2.45 Dufault Mines Lavalie 15 13 %c Lake Larder 32c Mar 95c Ladulama Gold Mines Lapa Jun July 105 32c (John) Luz Aug 12c 14 143% 8c Kroy Oils Ltd La 16c 72 Vac Kirkland Townsite Labatt Jun 74c Klondike-Keno Labrador High 8c 1.06 Lake National l#Ml llv 76,600 28c Kirkland-Hudson National Burns Bros. & Denton 76,100 14% 95c Jan 16C 13q Kerr-Addison Kirkland Low 13c 12c 15 VaC Kelvinator Feb 2.65 Range Sine# Jan. 1 High 15c 6%c Feb July LOW 32% Jan • • International Feb May 11% July 57c * Ingersoll Machine class A International 140 Jan 20 %c 9,050 14,600 36 Jan Jan 25c 9% 7c 24% Apr 10% 32 Jan 4.00 22c 32 Jan Jan 24c 64% 9.50 32 15 Vt 17% Apr 51% 25 — preferred Imperial Varnish Quebec 50 2.90 24c — 3,100 21% 62% 9.75 Hy-Charger Imperial Bank 10 Imperial Life 10 Imperial Oil • Imperial Tobacco of Canada ordinary_5 5%c 21% 2.90 • Petroleums 1,680 21,500 5c 21% • Smelting 15% 9c 10 %C Aug Shares Kelore Gold Matarrow • Dauch for Week ' Apr 23c 24 %c - 1 Yellowknife Oils 16c 21c 1 Oil Joburke 16% July Apr Jan 9%c 20 %c 1 Mines Hoyle Mining Hudson Bay Mining & Hugh-Pam Porcupine Joliet 3%c Mar 13% May 18c 1 Holiinger Consol Jet Jan May 1 Crest Oils Ltd Jellicoe 15c 7c 2c 1 Lake Gold Waite Apr 17c High Jack Mar 7% Heva Jacknife 6c 32% 9%c Highland-Bell Indust July 23% July Jun 16,500 18c Gold Preferred Feb 55c May 3%c Jan lie May 17 Vic 20 28 7%c Gold Howard 35c Mar 2%c Gold Hellens Mining 5% 460 23c 4.80 May Feb 7c 15% Mines Hibbert Mines— Headway Red 4% 7,000 32 4.00 Aug 2%c Head of the Lakes Iron Hosco 50 3%c 31 32 Harding Carpets Home 23 3%c 1 Bridge Homer Mar May 30c _30 Jan 12 12 -1 _ 21% Jan 4,25 Alabastine Jan Jan 28c 38c July 45c 7% 4,00 _ Jan Mar 8 —1 _ Jan 16 Jan 29c 7c Hamilton & July 4,00 Gold Hinde 16 _1 Swayze Highridge Highwood 80c 35c Gold Halliwell Heath 50 25 • _ _ Lake Hasaga Jan Jan 50 39,950 16 _ Gurney Products preferred Harrison 47 40c 49 62c —— Mines Gypsum Lime Harricana 5%c Jan 49 * Rock 3%c May 58c __ _ Gunnar Gold Hard 7,500 6 Vic 49 * _ .. Lead Halcrow 3 %C 6Vic Apr 4%c Jun 60c Freehold Gwillim 3%c 4,500 16 Guayana Mines Gulf Jan 1 Mines B Gridoii Apr 4c 50 „ Lakes Paper common West Coal class A Great 5.60 2,000 Toy Grandoro Great 3,450 4c 4%C 6.20 —— Bousquet & 6.45 4c 4%c ' _1 ___ Mining Graham 6.40 1 * Porcupine Goldora Mines 1' Sales Range of Prices Pa Feb ' Golden Goodfish r July 106 May Week's Last Jan 39c Apr 28c Friday Sale Price STOCKS Apr 1.25 _1 Goldcrest Gold 450 7.75 35 Lake Gold God's 1,093 1,385 Yellowknife Gold Mines— Glenora 13 V* 5 Petroleum Goldale Feb Apr 106 A Gillies 7.95 62 %c 18% General Motors TORONTO, CANADA Telephone EMpire 4-4441 Burnham and Company, 15 Broad Street, New Yori 5, Digby 4-1400 to 24% July 1.70 3 General Jan 18 Bakeries Giant 23 102 Dynamics Geneva 1,670 106 General Class Aug 18% General Co. STREET WEST, Apr 16% 100 • General 2.35 Jan _• : & Exchange Jan Jan 100 common preferred Direct Private Wirt At»r 12% 16% • Alberta Daly Mar 90c 7.90 100 1.27 1,095 58 16% 44,300 . 2.00 preferred Gatineau 1.50 58 • Exploration — 29c Warrants Gair Bonds 18% July 16 97c - 44 KING Apr Famous Players A. Members The Toronto Stock Jan 1.47 R. Apr 1 1 Corp Fanny and Jan 60c 18 %c _ Warrants Stocks Jan 61c Glacier Mines Eureka Frobisher Apr 9 18 %c _ _ Estella Ford 1.60 —1 . __ Canadian Jan 1.20 May 1 _ — Rey Emerald High 1.39 1 Mines Eldona Gold Pen Low 1.23 —— Eddy Paper class A Ranee Since Jan. 1 High •1.33 * Easy Washing Machine El Shares ZrJtO 1 Elder for Week ef Prices Last Sale Price Par 1 Sales Gold 1.81 1.65 1.87 31,087 47/8C 5c 8,000 1.15 47/8c July Jan 1 Apr 2.15 July Jan • 7c Apr 43 44 The Commercial and Financial Chronicle (456) . . Monday, August 4, 1952 . CANADIAN LISTED MARKETS RANGE FOR Last Range Shares Low New Mosher Long New Norseman New Norzone New Pacalta New Rouyn New 1 Ltd Mines Morrison 38c 3,000 40c 38c 35c 55c Jan Mar Standard Jan Preferred 68c 10,700 43c 74c July 9c 13,900 4%c Apr 10'Ac Apr Standard Radio 8c 8%C 2,500 8c Apr 22c Jsua Stanwell 11 %c 12 %c Starratt Olsen Steel of 64c 8,500 10%c Jan 20c Mar 4%c 4%c 1,000 4%c Feb 6c Feb 48 %c 54c 126,549 30e Jan 54c Jun 5.00 4.70 5.00 5,101 9c 9c 1,575 11%C ' 1 _ New Ryan Lake Mines Superior Oils of Canada- 1 New Thurbois 1 — - Shares 15% 33% 33% 33% 7 7 100 5% 1.03 1.10 1.00 Jun Apr Sturgeon River Gold 100 32c 33 V2C 33% 1,725 33% 105 6.60 6:85 17,345 19c 19c 600 14c 16c 24,500 10c May 15C Jan Apr 35 Mar 29 4c 4c 500 7c 2.10 2.15 350 1.95 Jan 3.00 Jan 3ullivan Mines 1 3.05 3.05 3.05 700 14'AC 15c 2,500 12%C Feb 19c Apr Supertest (ordinary) • 13% 13% 13% 1,415 14 14 25 14 6,353 95 Nisto Ltd Mines 14 %c — Common * Noranfla Mines Nordon Corp Norgold Mines Normetal 1 Mining _ • 13c 4c 21c 22c 5.00 3,389 5.65 6'Ac Jan Feb 3,500 7%C 80c 70c 80c 8,800 58c 20c 22c 13,000 20 c 1.97 2.03 4,500 10c 9c 12c 18,500 North « Oil Star X 6% 10c 93c Jan 30c May 4.10 ,7c 9,500 8c 8 Mar 17c July Jan 5,000 1.20 1.23 3,750 11c 12c 9,500 3.85 4.40 18c Jan Pyrites 4c Jim 7'Ac 19c 18c 19c • 4%C 4c 4%c Class B warrants 2.15 2.05 2.35 96,674 75c 52c 85c 14,600 _— _ 70c 50c 80'Ac 14,005 _ * Gold Lake Lake Osisko 1 Pamour Paymaster River Peace Peak __ __ — I July July 36c Powell 27% 75 27 Jun 16 25 15 May 103 103 16 103 July 9c 9c 1,000 42c 48c 235,450 39'% 7,371 Jan Toronto July May Tower Traders Jan Trans-Era Oils 8%c 8%c 10c 5,500 13c May 28,900 25%c May 2,500 11% 11'A 11% 2,375 9.50 Jan 73 72 73 1,360 64% Feb 72 July 85c 2,330 64% Feb 73 . _ __ 68c 3%c 22,700 2,500 3%c Jan 60c 62c 14,705 54c — Jan 6c 51c 15% Rouyn 1.24 5c Jan Mar Apr Prado Oil Rights East 50c July 38c. 45,200 31c Jun 59 %c July Jan 14 % July 88c 64c 13 14% 185 66c 1,100 59c Jun 9% Purdy Mica Fuel Class B Red; Cold. Poplar Riverside Silk clfcss Rix-Athaba®ea A Long Rowan Consolidated • _— ~_ A 1.88 6,710 1,330 48% 49% 2.20 3,600 4c 4'Ac 4,000 22% 24 1.85 1,825 2.00 — 1,685 70c 75c 40 Jan Upper Apr Van Jan Ventures Apr May 2.70 33% 70c 590 1 1.80 4 15c Ltd Feb 5'Ac Jan Villbona 29% Jan 4 4 Violamac July 1.04 33% Aug '.-Z. 29 72c 19, J 00 56c Jun 85c 3,500 20c Jun 37c 12 120 11% Jun 14 1.41 1.35 1.41 2,100 1.32 Feb 1.60 Apr 2.10 1.90 2.35 69,900 Jun 2.35 July 1.70 1.65 1.75 11,500 1.40 78c Feb 6c Feb Class Mar West A Products Mar Western Grocers Jan Western : Ashley 3,500 26c 26c 26c I,500 16c Jan 33c Feb Western Leaseholds 28c 26c 29c 17,500 25c Mar 35c Jan Weston (George) 2.60 2.55 2.60 3,700 47c 50c 16c 30c 10c 1.10 25c 2.40 4lc 39C 9%c Mar 33c 22c Mar 30c 4c 4c 16c 17c 26% 1.35 8c 41,800 _'_1 26C '29% ?9% 9% 30 28 17c dap Jan 27 V4 May 9% Mar 17 17 Vi *2%c 1,569J 9,600 ISA 39c 3c 3%c 9,500 2'Ac 37c Jan July Jan r 13c ; Apr 34c , 38 . Jan 9% July 20% Apr 70c 6c» 2,450 20 Apr 23 250 97 34 Apr 98% Apr 46% Feb 38 425 2.45 2.50 3.15 3.30 3,225 16,730 14 25 13 13 »A 50 13 3.75 3.75 3.95 • 2.30 2.25 2.35 2.35 Jun Feb 2.72 Jap 6,600 95c 88c 95c 1,000 • __' Voting trust "__ Sigma Mines (Quebec) Silanco Mining • Silver Miller * .Standard Mines Dairies class 14 Jan 1.95 Jun 23c 15c 15c 1,900 14o 45% 1,103 37% May 46% 44% 44% 40 47% 44% 50 10c lie 6,633 30 30 55 1.47 1.47 1.50 600 4.95 4.60 5.00 66,315 4.05 Feb 19 19 125 18 ys Jun 18 9c 28 1.40 — — 18 18% 380 8.25 8.50 1.400 42 %C 41c 44c 32,150' 1.88 1.80 1.90 27,040 2.00 Class 1.89 Southam Co Stadacona Mines For footnotes see page 45. 23 75c Jan 46% 30 42 35 60 31% May 1.83 1.96 15,031 46 46 4 7.10 7.05 7.20 24% 22% 24% 1.70 351 20 Apr Mar Apr July 35 2.88 Feb 9.70 89% Jan Aug 94 Jan Apr Jan 24% 7.00 May 2,240 • . Feb Apr __ —1 6c 6%c 1,000 6c Feb 18 %c Apr Jan ___1 35C 35c 37c 17,600 25c Jan 48c Jun 5c '5c "38 37 38 540 34% Jun 40 97 99 50 95 May 99 6 97 Feb 99 Apr July 15 Mar 1 , .100 :__5 ' 10'/a '98- - 50 ioy« 10 1.52 ^2.30- 50c 52er 24,000 42c 25C 22c 25C 14;500 20c July 10C: Jun > .1.25 -1 -, : 12C: 4.7 7- - - -5,500 18f63!F - 85c ■92eV 1.06 1.25- - 1.25 70c 30,770 •*- 39,900 - Jan Apr 84c -Jan 42c 'Jan 14c Jun 1.60 Aug - 5 1,25 .1.25 • 90c 1:20 —„l f 10c 1.60 • •12c 4,000 -v Jan 3.10 Jan 2.20: Jun 7c 3%cMay 3,000 - 51c 1.60 —u. f 5c 2.21 York Knitting class B Yykeno Mihea ..r 98 ,98 . , ——*.—— . •' * Yellowknile Bear Mines Zenmac Mines 9%c lO'Ac .100 : — (G H) Jan ' ; 2.24 Mar. . Jan 2;00 Aug | 1.45 Mar Jun 1.25 1.06 Aug j July • " . - .1 'M : • > 1 1 - ' 1 Toronto Slock Exchange-Curb Section Apr Mar Feb 15c Feb 31 Jun 1.81 May •' • 1 ; ' H 1 ■ •\ Week's Sale Pripe - of Prices 6.SO 32c 1.35 for Week Range 8fnce Jan. Shares - 1 ' Low Par Anglo Newfoundland Asbestos Oorp Brown Develop! ; 4 ; preferred Bulolo 5, ,» Co common Gold & Feb Canada Vinegars Dominion • ; Jun Canadian Gen Investment Apr 1,455 10 Apr 13% Feb. i 25 1,235 Feb ! 2,110 47 Vs ;6.70 47 % -6.70 22 Apr 9% July 47 May 26ya 10% 17% 17"% 10% 23% r , —__5 • 6)70 4 « 17% • 4 • 14 < 4.00 ; ; * ; . 225 , 3,300 ___ 6-70 July 15% Mar 51'A 17% May 12% May 3.25 Jun 20 V2 14 i 13% < 3.85 -4.00 24 24% 385 22% Jun 37'A 37% 240 33'A Jun 43 3.65 Jan 14 /. ... _ 24 % Canadian Industries common 4 37% Canadian 1 4.80 4.65 4.80 300 9% 9% 9% 2,560 62 64 55 2.50 3.10 . Jan Jan 26 ; Jan 8.40. Feb ' 79Q 110 1,700 4 : Hiph 10 25 10% 4 Low fJigh 10 % 10% t f I Sugar — Canadian Collieries • 1 : Canada 4.60 Feb Mar' Jan 5.00 Aug 20% Jan May 19% Mar Feb 8.50 July Mar Jan 60c May Marconi Canadian Western Lumber Canadian Westinghouse ; 2.04 Jun Coast Copper Dalhousie 2.60 Feb Disher Apr 9% Apr Dominion Jun 7 45% 42'A 46'A 7,560 43% 44% IIIoo 101% 66c 53c 66c 1.21 1.18 1.22 20 12c 19% 11 %c 13c 6,000 9%c Jan 37c 39c 2,200 36c 35c 35c 35c 5,517 32c * 101% 101% 20 90 102% July Jun 28% 2,168 Feb 1.00 Apr II,100 250 Jan 48c 7,786 24,450 . Jan July 44'/a July 31% • 17 46 % 73c« Jan 1.30 Apr 4 __5 Paper. * Oil Steel common Utilities — Inc Minnesota & Ontario Paper Flour 20 Aug.* Ogilvie 20c Mar Pend July 70c Jan Price Bros July 46c Jan Yukon Consolidated 7% » 23% 5' "31 25 33 . 48% 28 28% 28 29 850 1,080 125 " 1,070 . 23% 24 33 33% 6-3Q 6.40 300 31 31% 650 19,509 -55'Ac 55c 58 Vic Jan 41% May 20% Mar 23 Feb 21% May 24% Jan 75 5!.49 rZ~3iVz - 6.25 110% 80 Feb n Jan Feb; 3.50 Jan» 38Vi Jan 53c' Jan 32 Jun 90% Feb s . 33% ^ 4 ,28, 29 —4.. 1 338 48'A 48% 5 6 Oreille Mar 33 33c, Jun 19% Jan 70 May 100 " 7% May 62 July 2.00 July 31'A May 1,010 1,500. 84% ' 4 International Paper common . 29 80% 80% • " 1,250 36 35c 29 Z 4 Steel Loblaw . 4 Bridge International ^ . j Hayes 35 35c 36 4 Jan 1.89 July i . Sales r Range Last1 v ■' Funds Friday 3 1 STOCKS Jan May Canadian , 6 ♦ Jan Jan 32,000 8% ~ 37,505 32% 1.90 Jan 19% 32c 600 57c 14 %c • _____ 52c Mar 120 * 23 22% 9c 296 "V 23 53c 8c 10'Ac 500 _ 4 Feb 11 % July 1 9% 43% South Brazeau I Spooner Oils Ltd Feb 2.05 6'A Souris Valley OH Jan 5c Jan 2.10 . 9 1,000 Jan 7 80c * , _• 80 7c 52 July 80 9% B Preferred Slscoe Gold 11% 6%c Apr 5 13,820 6'A Simpson's Ltd class A 10% 10% Feb 41% 92 9% * 25 1.42 6'A _• 2,227 5% 15 ' 8.25 50c 47 5% Ltd Jan 13% Mar 5.15 May 3.40 Jan 44% i A 46% common Apr Jan 45% l Class B 47 Jan 11% May 91 _i Silverwood 13,298 1.36 2.78 Jan Jun 2.05 July 40c 18% ._ 14% 91 Jan 4.60 1.50 Jan 19,950 i Mines. 13% 100 Consolidated Silver 14% May 1.50 July 1.25 " 14 l July 4 Apr 22 _• Shawinigan Water ti Power common—* Class A preferred 50 Shawkey (1945) Mines 1 Shea's Wpg Brew class B_ * Sheep Creek Gold 50c Feb 68c Apr 98 13'A warrants 63c 2,800 _T__ '■ • July 98 37'A 95,605 74c Yale Lead & Zlnc_„— T Yankee Cahuck OU & Mining— Yellorex Mines - C. _• i— 57c.Mar 21% * 1,500 1.47 10c preferred Combing Wright-Hargreaves 24 %c Jun 22 2.50 7%c 72c 4 common Wool Jan 98 3.30 7c 1.30 1.39 Wood Mar 1.75 Apr Feb Apr 15c 17 _• 11c 4'Ac Mar 7c i Preferred 61 May 20c 100 - 30c 6%c Jan 2,500 1,425 9% . Jun 1 Jan 9%c Apr Jun 1.Q3 daq 21,734 13,100 19c Apr 9c 25% Feb 5,700 28c „ 19C 49c' Mar 48 33c 28 %c 27 %c 2c 15c 30 9c Jan Mar 4V2C May 50 8%C 27 Wiltsey-Coghlan Winchester Larder Winward Gold Mines —, Wingait Gold Wlnhipeg Electric common Apr 20 15,600 2,500 1,000 5,500 — July Jan Petroleums Wilrich Jan 32c ; Jan 72c Homestead Preferred May 62c May 7%c Jun 5VeC so Feb 79c 24 Jan 5c 1.15 Jan 3.20 Apr Mar 25 30c 1.25 1.90 Apr 3,000 10,000 12c 19 1 Western 13,900 15c 200 2.10 May Feb 1.45 4 9c 15c 26 1 1.25 3,000 26 4 M'alartic Westeel 1.99 Mar i common 9c 11c 20,373 26 Apr Feb 11% July 4 (G & W) Waterous Ltd 1.15 9%c 23% 14 'A 4 9c 10,734 2,180 14c Feb 3.44 Jan 1 1.23 22 1.61 28,150 24 Jan 98c May Mar 10 21 .1 Mines Amulet Walker Jan 21% 1.00 1 Gold Oils Waite July 28c 22 55c Apr Jun Mines Mines Canada Roi May 4c 21 1 Mines Viceroy Mfg 52 1.98 May 3,100 307/B — 33 * common 68c 14c 18%c 2.00 Mar 2.60 1.50 Mar 6,405 Zinc ' Breweries kllar 14% 1.80 1.75 * Sherritt Gordon 22 % Jun 725 2nd Sicks' Mar Jan 10 'A 11 % • Senator Rouyn 56 20 4,585 55 10% 100 • Oil May 2 13% 11 40c Scurry Oils Ltd_. Security Freehold' Petroleums. 52 22 13 4 ____• Scarfe class A 67 22 54 Steel 2.10 4.75 Mar 2.75 May 22 United 1.65 Feb Mar 46c 12 %c Feb 13% 29 % July 2.05 Aug May 25% 50 25 preferred July 66c Saguenay power preferred Bt Lawrence Corp common Selburn 15,750 85 9% ! 25c 3.55 29% 22c 10 Gold 23c 3.30 28% __._1 —____4 Antonio 23c 5,500 —- Sapphire Petroleums Ltd Barnia Bridge Jan 12,125 67c Rupununi Gold ... Russell Industries common. San 23% 8 Apr 71c 28c 4 Rundle Oils Ltd--—— 7 20 Jan Jun 62c Aug 365 2.20 1 —__— 55c 8 24 58c _1 — 270 .* 2.10 26% Roy, Silver Royal Bank — Royal Oak Dairy class A Royalite Oil __.__.__i—_—— 62 c Apr 7 4 % Mar 7% 2.18 26 1.13 4 class & 3.35 July 55c 4 50 Roxana OiU 2.40 Jan 33c 23% Oils 23% _—.1 16'A May 8 Lead — Lac_ 205 United Robertson Mfg common Roche 5% United * —__—_ 5% 5% 1.40 May 73c ... 121,930 1.04 May 1 . 16,290 43c Jan _1 Petroleum 2.68 34c July —_1 Richfield 2.45 37c 56c 1 Reef Petroleum 2.64 55c 1 Regcourt Reno Gold - Apr 27,500 — Ranwick Uranium Jun Jan 87c 20,500 • __ 20c Jan 61c 47c _ July 3.45 preferred 1 Quemont Mining Quesabe Mines Ltd-- 24% 10c 42c 1 United Keno Hill 1 Quebec Manitou Queenston Gold Apr May 67c July 500 ——1 1 - 47c 1,300 2,919 — Class A _ 1.70 July Jun 7,400 6^C Asoestos 1 _ 6.75 1.13 13c • 1 Mines 3,470 Aug 38 4.05 July 50c 1.07 • Quebec Copper Corp Ltd Quebec Chibougamau— Quebec Labrador 39% July Jan 29 13C 55c 1 _ 21% Jan 48c 1.01 1 ~ Ltd— Petroleums 21% Feb Apr 56c 50c 21% 9 United Jan 1 Prospectors' Airways Punch 50c __i — Mining 144,689 38c 1 Dome 49c 4 Preferred Union 64c 12 Preston 49c 477,400 4,600 1 Acceptance common Aug 55c « __ 1.70 4 Gas 36c — Gas_ 1.G0 117 10 %c Jan 4 Union 1,550 • & 1.64 4 Corp Apr 8.25 6.65 July Union Apr 75c July 7.00 Gold Premier Border 4.526 Jan 18% 28% Jan 25 4.60 30% Mar 7%c Jan 35c Feb 15 4 Oil Oil Tungsten Vulcan Corp 38 4.45 —4 Petroleum Triad Apr 6.75 2.00 • 2.27 July 1.70 May July 64c 38 4.45 4 Resources 38 4 Ltd Mountain Trend 11c 38% 39% 4 Oils Transcontinental Trans 98c 46c A Class B Jan 1.15 Jun 83c 11c 1 class Finance 12c 19 v 50 1 Petroleums 2,000 75c —4 Mortgage Towagmac Exploration 0 00 0 7%c May 4%c Jan class A Toronto Iron Works Apr 7%c 48% — — Power Apr Feb 16 7%c 2.10 1 • Powell 69c 27% Trans Empire 1.66 _ _ River Apr 55c Mines Porcupine Peninsular 31c 1.04 1 __ . Oils Ponder 4,500 27% General Trusts July 85c 15% Mar 66C • Placer Development 39c 20 Toronto Feb __ Gas__ Gold 37c May Apr — Crow Jan 63c 13 4.15 * Pershcourt Goldfields Ltd Pickle July Jan 25 28C 35 300 United 1 Ltd—. Mines Pioneer Gold 18 2,730 6 3,850 2.45 1 & July 100 36c 6 14 Apr 7.00 Perron Golu Oil 6% July 6 18% 36c 2.25 May 3.20 Jan 1.46 50c J£n 2.85 May 18% 6 2.08 3%c — People's Credit Sec Petrol ' 22 %c Mar Jan 13% Jan 1 Silver 2,200 12c 11% 2.20 Feb 10c 13% 1.4U 68c _ Oils Ltd Penn-Cobalt 11 %c 4 3.50 1 Gas 3,895 2.50 12c 4 Elevators GOc Nat £56 2.56 4 Toronto 850 ~ Mines Consol Paramaque 10 >A" July 1 Apr 5.00 Jan 200 • _ 6% Jan 50 2.10 21,750 * Oil. Western Pan 50 1 80'Ac _1 __ __ 33% July 7% Jan 71 7% 10% Torbrit Silver Mines 18 1 . Tubes Porcupine 30% Feb 33 % 33 37c 2.00 18 90c (Eastern) Hershey 11 %c May • 3.85 Mines Pacific Petroleum Page Apr Apr 6c 7% • Transvision-Television Pacific 1.18 Feb Tombill Gold 1.80 • Crush Red Apr 1.60 10% 1 _.. 7%c Oriac 6c 33% Tip Top Tailors 3.60 __ 1.86 Orange Jan 1.54 Jan 18c Jun 3.55 8,000 4 "™ _____ 1.44 1.12 Mar 10c 20,825 5,500 — Ltd— Co 12c • O'Leary Malartic Omnitrans Exploration A warrants July 14c July Apr 25c * Class 102 8c ' 1 Mines Oils Ontario Mar 1.02 Mar Jan 39c 13c x Ltd Mines Gold Selections Okalta Jun 12c 13c 4.40 Lake Obaska Oil May _10 1 Teck-Hughes Gold Mines Thompson-Lundmark Tip Top Canners class A Toburn O'Brien Jan 20 —4 i. Preferred Jan 6'A July River Tambly Ltd common Pearson common 7%C May Mar 5c 4,033 Ltd Taylor Apr 17c July July 9c 400 8c ~ Apr Jun 1.92 16,000 7c 6% — Ltd Nubar Mines 5%c 7c I (1940) 6,725 4 Oils Jan 17 July Jan 12'Ac 7c Mines 1.49 Taku May Jun 1.98 Northland 1 1.44 Mar 4.65 20c North Denison Sylvanite Gold 1.48 28c 50c Grass Feb Feb 3.45 13% July 52,105 100 Preferred Jan 22c 22c , 2.95 May 4,300 1.30 Sweet • Northern Extension 8%c Surf Inlet Feb • Nor pick Gold Northern Canada Mines —i— 99% 8c 1.20 Feb 8'Ac Apr 17c 5,425 4.95 99% 1.24 Feb 20c 73'A 1,000 3,573 21c 99% 4 85 12c May 3%c Jan 623 4c 5.00 — _ 85 13c 4c 1 — Nonartic 82% 85 1 - 4 — 8.00 6.30 Jun 8 1 Jan 35 1 Cons Jun 55 %c July 28% May Yellowknife Sudbury Contact Aug 7% May 1.15 Jan 10c 6.80 25c Nipissing Mines 3y4c Jan 33% Mar 27 Jan Nib Jan 33 1 1 Steep Rock Iron Mines Apr 13% 32% 33% 5 Preferred 1,430 6,141 21,500 33c —1 __• common 15% July Jan 1.08 1 Gold Canada High Low 15 * —; Ltd Gas 6.75 Jan 8c Co class A & Range Since Jan. 1 High * ——. . Oil 10'Ac 4.50 July Low 15% * Paving common 7%c ' 53c • Oil for Week Par High Low High 9c Merger Sales Range of Prices STOCKS Range Since Jan. 1 8%c 1 Lac Mines— — —— Week's Last Sale Price for Week of Prices Par New 1 Sales Sale Price STOCKS WEEK ENDED AUGUST Friday Week's Friday 5.65 Jun . 26% Apr 50c Apr 35 May 50% Fel)' '30 • Feb 29 Aug, 28% Feb 33% Aug 8.75 Jan 33% Jan 80c Apr! V> Volume 176 Number 5139 . . The Commercial and Financial Chronicle . (457) OVER-THE-COUNTER SECURITIES Quotations for Friday August 1 Investing Companies Mutual Funds— Aberdeen Par Fund Affiliated Bid 250 Fund Inc 1.03 4.92 4.03 Mutual Funds— 4.36 Fund Inc 1 12.21 10.11 10.99 Axe-Houghton Fund "B" Inc__5 18.84 20.48 Beneficial Corp 1 9% 10% Blair Holdings Corp Blue Ridge Mutual Fund 1 l7/8 2% Bond Inv Tr of Ino__l 9.96 10.89 • 21.63 23.26 23.39 25.29 America Boston Fund Inc 1 Bowling Green Fund Inc— Net asset Group shares Group shares Insurance Group shares lc Bank lc 1.28 2.20s Aug. lc 17.54 2.00s Feb. 15, 1952 16, 1953, ser. A— 99.28 Feb. 16, ser. B___ 99.28 99.31 1 26.52 Grade Bonds)_l (Low Priced Bonds) 1 24.64 18.32 Fund Inc (Medium 1 11.41 1 17.61 (Appreciation Pfd Stks)_l (Quality Common Stks)_l 27.89 S-l 1 14.63 15.82 1 21.14 Fund 100 5.910 100 Investment S-2 (Income „1 18.84 S-3 17.99 138 S-4 19.63 133 (Low Com Stocks), " Priced Com Stks)_l 6.91 7.55 1 5.92 10.14 15.66 17.02 12.94 14.03 Fund 25c Loomis Sayles Mutual Fund— (Net Asset Value) » 1 12.76 13.79 30 32 16.97 18.66 Truui-l Knickerbocker Fund Automobile shares Business Equipment 1 Inc— 4.02 4.99 3.19 12.59 13.80 9.31 10.20 1 10.78 11.81 Paper shares .1 14.62 16.02 Petroleum shares Building Supply 1 11.07 12.13 Chemical 1 17.41 19.08 Manhattan Bond Corporate bond series 1 10.68 11.33 Mass Diversified 1 5.42 5.94 Diversified Investment Fund_l 13.72 15.04 stock preferred stock—1 11.82 Steel 1 15.72 17.23 3.72 Ctfs of Fund Mutual Fund of 14.63 Units of beneficial 1 13.51 14.81 6.52 Bid Ask Bid Ask 5.48 2.15% 12- 3-51 9- 2-52 b2.20 A.90% 2.15% 3- 3-52 12- 1-52 b2.25 8.65 2.20% 1- 2-52 10- 2.05% 1-52 b2.20 2.15% 4- 1-52 1- 2-53 b2.25 2.05% b2.20 1.95% 1.95% 2.00% 6- 1-52 2- 2-53 b2.25 2.05% 2.05% 2.05% 2.00% 6- 2-52 3- 2-53 b2.30 2.10% 2.05% 7- 1-52 4- 1-53 b2.30 2.10% 2.20% 8- 1-52 5- 1-53 b2.30 2.10% 33.87 Mutual 1 14.09 15.44 of 1 10.34 11.33 8.57 9.39 9-83 10.77 Dividend Shares Dreyfus Fund 9.75 25c 1.96 10.32 11.22 Inc beneficial National 1 5.79 2.65 2.91 10.15 33 % 35% 8.27 8.99 lc 7.20 7.89 lc 7.02 7.69 Inc 2 20.54 22.51 2.73 2.97 1 21.17 22.89 1 57.82 62.17 1 5.96 6.48 8.79 9.63 lc 8.15 8.93 9.20 10.08 ^lc _ 8.93 9.39 10.29 15.09 16.52 5.06 5.56 shares—lc shares 8.73 7.96 lc 8.58 9.40 Industrial Machinery shares.lc Institutional bond shares—lc 9.72 10.65 9.37 9.76 Investing Company shares—lo 7.84 8.76 8.00 9.60 8.77 lo shares 15.33 7.15 lo lc shares Petroleum shares 14.00 lo shares Merchandising shares 14.88 16.29 lc 2.74 3.02 Pell de Vegh Mutual Fund (Net Pioneefc J'und Inc PutnamjZtGeo) Fund Republic Investors Fund 17.54 19.21 20.77 3.22 58.48 58.48 United 15.24 8.40 74.00 9.71 1 13.37 14.57 Shares 5.33 5.83 12.66 Fund 13.76 1 12.70 6.17 6.74 1 6.11 1 4.30 4.66 6.60 11.54 7.24 12.61 Co 9.48 10.80 l 2.29 2.60 24.28 26.25 North Amer T 'tot Shares— 10c 2.03 2.21 Series 1955— 1 5.22 12.42 Series 1956 1 11.49 American Equitable Assur— & Casualty.? | Newark— Par 96% 36 45% Jersey Insurance Co National of N Y_10 Life 38% 40'% 46V4 47% 10 10 Trucf 362 6% Exchange Bank & Trust-20 1.80% bl.89 1.84% (White Plains N Y) convertible ; Massachusetts 16 53 24% 10 preferred—5 Bonding 5 5 Merchant Fire 19% Merchants & Manufacturers.—4 National Casualty (Detroit)—10 Re-Insurance 33% 35% 51% National Assurance National Fire 49% Fire Automobile 88 91 New Amsterdam Bankers & Shippers 54% 57% New Hampshire 66V4 68 ^4 New York 21% 23% 153 Connecticut General Life— 158 86% Continental Casualty 89% __ 47 50 25% 27% 19% 21% 37% 39% 8% 28 rPT,fP0i 9% 44 Bank & Trust 44 National 10 93 66% 68% 41% 43% 23 Fire _ __ of the City of N Y Franklin National Bank— Franklin Square N 100 377 389 10 48 . Hanover » (The) Bank 20 2l\v 93% 3SL 96 ^ Industrial Bank of Commerce_10 32'% 82% Phoenix 65% Providence-Washington 10 56% 58% ___ _ S 27% 28% Reinsurance Corp Republic (Texas) 10 34% 36% St 5 57% 59% Seaboard „5 Republic. Rutgers Fire common.? 14% 16% Security ._10 Kings County Trust 100 1,460 Manufacturers Trust Co Home 5 Insurance Co of North Amer. -10 Fire & (N —_ 20 of Freeport N Morgan . Haven) Springfield Fire & Marine 39% Travelers Accident ; 360 41 43 lte . 39 ®aI?.— United States National Bank_20 (J P) , Y_ _20 52 56 100 & Co Inc ... 258 264 St. 41 61% 63% 35 37 47% Public Nat;1 Bank & Trust—17% -25 112 116 LOO 248 258 40 17 48% 51% 26% 29% 25 44 47 25 61 Nfttionai Mutual gj Trust Bank Louis Bank & Co Trust Nat'l Bank and 25 52 Trust 84 87 100 165 Bank 30 . 54 56 185 _ , Francisco ®an & 43 60 United Bank & Trust 55 Trust—33 »/3 20 Trust—20 Bank of Amer N T A 8 A—6.25 , Union Trust Tower Grove Bank & Chicago City 20 plrst Ini/ Sterling National Bank Mercantile 47 /4 45 National Manufacturers Bank & Trust-20 49% lev /4 o11 r"."ST""r"T5?, hi Exchange Nat'l Bank—20 Boatmen's National City Bank——20 m Louis Amer. . _ Recent Bid 31% Amer Gas & Elec 3%S——1977 Edison Central Power 3y8s & 1982 Lgt 3%s—1982 Commonwealth Edison Consumers Dow Power Chemical Co 3%s_1982 3%s__1987 3s 1982 101% Security Issues Ask S S U S Guarantee 84% Westchester Fire Fidelity & Fire Guaranty Bonds—(Cont.) Union Elec Co of 102 100% 101 '/a 104 104% 102 % 101% 102 103 103 V4 3%s Illinois Bell Illinois Power Tele 3V8s_—-1984 3%s 1982 100% 101% 101% 102 Bid Ask Plywood Corp— —20 18% 19(4 50 42% 44% Dallas Power % Lt $4.24 pfd-100 100% 101% 105 102 101% 1982 3y4a Stocks- Atlas 101 104% 102% 1982 ConsOl Grocers— 5%% conv preferred— k— 7 Edison Ask 1982 West Penn Power 100% x51% 3y4s__1982 Delaware Fuel Gas National Steel 8 53% New Co Bell Jersey 3%s 3%s Tel 3%s__1984 103% 103% 101V2 101% Peabody 102% 4.56% 103% El 5%% 92 55% 58% 5 16% 18% 4%s Coal 3%s 9% 43% 45% General 34 36 70% 74% 37 10 50% 35% 37 640 55% 3 44 10 39 V 660 57% 116 2 23% Electric 46 Odd preferred 102% 103 Safeway 3%s__1967 107% 108% 1982 101% 102 Vi Light 3%S—1982 101% 102% Serv 3y4S 105 4.75% n Admitted year's range), e 4%% preferred Stores— preferred conv 53% 54% 100 103 104% 100 101% 102% 100 97% 98% Texas Eastern Trans— 4.75% preferred in trading N. Y. Curb, r Cash sales (not Included in year s range), t Ex(Un) Admitted to Unlisted Trading privileges, wd When delivered, wi Wnen to dividend. Ex-dividend, value, 50 preferred year's range), b Bid yield price, d Deferred delivery sales (not Ex-interest, f Flat price, k Admitted to listing on N. Y. Stock Ex¬ (not Included In par 106 104 Telephone— 3%s_i._1982 Gas change. x 104% 100 preferred Rochester Gas & Electric— Included •No 100 — Gas— 102 lot sale liquidating issued, 24% & 104 Gas— 4%% a Natural 100 % Calif 52 Vf —10 100 101% Production Texas Lgt— 100% Southern Texas Power 10 A 1987 Southern 12% Pow preferred —1972 Elec & — 10% __10 1972 Potomac Elec Power 3%s Public Service 97 32 Co__2 Paso 5.36% 86 30 __ Bid Missouri— 103 100% 100 _ U U 40 38 82% 345 20 pnrD*t.«i * 100 __10 Surety (New Standard 43% 95 peoples 1st Nat Bank & Tr 62% .1977 2 __ 33 149 93 1,500 60% National 03 Y) _ Marine 38% 41% 25 Meadow Brook National Bank 30% —10 36% 37% 45% 22% 28% __10 _ 31 144 43% 35 21% 10 100% __ 78% -10 10 Plttabwrgh Minn-Honeywell Reg 3.10s__1972 10 63% -10 40 Security-First National Metropolitan 37% 10 10 S 38% 52 Y 45 _ 10 American 10 *** Angeleg 39% 12.50 Fire Glens Falls 28% 380 36% 23% 3.33 % Indemnity Co Peerless Casualty Co Paul 27 365 Mellon Nat'l Bank & Trust—100 25 34% 43 2.50 Fidelity & Deposit of Md Firemen's of Newark ?2 16 42% Bank 22 Pacific Federal on inn National Bank of Detroit 10 10 Fiduciary Trust 5 River Pacific 42 670 uo«ir $1.25 conv preferred— 42% 42 340 650 0,1,0,1 Bank of Commerce Northern States Power 3%s..l982 40% 325 41 31 5 2 _ Northeastern * 10 Inc 100 —100 Savings 164 _10 Casualty Fire Fire Northern Employees Group Assoc Employers Reinsurance 245 Detrett Boston 10 — Union Boston North Ask 239 2S£5 nTf^iLS National City Bank 55 159 Bonds— 22% 29 % Surety Fire Bid 100 'Cleveland 68% 150% 27% American — Bank 7 67 10 Ask 37 145% 17.78 27% Bid 34 10 $2.10Trlor preferred $1.05 National Northern Trust Co rn Empire Trust National common—_1 Casualty American -r~ bl.87 ■ 25% American Fidelity _ 1.80% 1952 48 % Bank——15 Companies 78 43% — Steamboller 47 Continental Illinois Ask 34 _ Automobile Fire 1.78% 30, 1952 Harris Trust & 347 10 2.46 -1 93% Hartford , 100 National First ... Independence Trust Shares 74% Hartford 1.78% bl.87 bl.87 Par 35 % United States Trust. Unit Type Trusts— Diversified Trustee Shares— Series E 2.50 5.28 — Hanover Fire Fifth Continental Bank & Trust .. 12.57 Alliance Globe & Chase 33% 6.68 4.88 American Great & Avenue 13.80 1 12.19 American & York 10 Irving Trust Wiscpnein Investment Maryland Globe New Co 23.20 8.92 4.24 Life Corp bl.87 1952 Companies 9.20 22.97 Fund Value Line Fund Inc Wall Street Aetna Frisco of Manhattan Bankers Trust 29.48 70.50 1 Fund 29.79 14.10 27.27 1 Fund Inc United Income United Science 29.79 Fund Accumulative Bank Federation Inc % Texas Fund Lincoln of Ask 1.70% Chiewge— (Cont) — the of First „_i Stetfjt Roe & Farnham 58% Fireman's Fund bl.80 Ask 3.52 (net asset value )_• Technical Fund Inc Television-Electronics Bank 19.07 1 Bid York 15.10 2% Shareholders Trust of Boston—1 Sovereign Investors 1 State Sweet Investment Corp__* 56% General Reinsurance bl.85 1952 Par New Corn Selected Amer Shares Insurance Philadelphia 18, Bank & Trust Pmintv value)—* (net asset StOcTf #und Aetna of October 1952 1.70% 32 & Clark 99 Assn 1.70% bl.80 34.59 3.86 Bid Forster bl.80 14.65 & Clark Com inc 95 & 1.72% October 16, October 23, 25 1 Scudder,;:<iStevens Casualty At Surety- Crum October 9, 1.72% 34.24 2,50 - Scudde^Stevens Fund Aetna Camden 1.70% bl.85 1 __i 21.28 Insurance American of 1952 bl.85 5 Pine 8tt&t Fund Inc —1 Investors 1952 Chemical Bank & Trust 1 Inc Inc 26% inc itfset value) Petroleu4 & Trading ■v..-. Agricultural 25 1 Guardian Mutual Fund Inc Incorporated 5 19.79 lc 1 Hudson Fund 6.40 1 Utility shares Companies Inc Income Foundation Fund 21, 19.73 5.90 8.12 lc Plan Fund 18.35 14.27 Tobacco shares Howe 1952 August August 28, 1952 September 4, 1952 September 11, 1952 22.71 7.41 Growth 1 10c , com 14.04 lc — England Fund Pacific Amer Investors $1.50 preferred 20.82 9.05 shares 5.37 l 5.21 8.26 Steel 6.04 4.90 1 4.74 shares 5.53 Inc__lc Investing Corp Wellington Fund Whitehall Fund Inc lc lc Equipment shares Industrial Stock Series 1 Low Priced Com Stock Series.l Natural Resources Fund 9.79 lc shares Stock Series New lc stock October 2, 11.09 Electrical Equipment shares_lo Food shares lc Railroad 25, 1.70% 6.33 Ino_l Stock Fund-lc Bond September bl.85 4.20 19.89 Building shares Priced 1.65% 1952 1952 5.50 18.40 shares bond bl.85 14, 8.45 Corp administered Bid 7, August 7.65 3.84 1 (The) Treasury Bills Ask 7.34 7.00 7.73 Aviation shares RR 7.03 1 .5.03 Fund Inc Capital Railroad 1 1 Investors Trust Mining 3.55 Security Series— Series l Group Securities— Low 3.24 1 series General Bid September Fund Inc Speculative Series series General General 13.56 Corp .1 ~ Resources of Canada" Natural Income, Series Inc Fully 12.54 United States August b.50 • Investors Industries Chemical 17.13 34.65 10 stock Common 15.96 25.63 Mutual Fund Automobile 1 Balanced Fund National Investors 5.31 Franklin Custodian Funds Inc— Futures 12.30 32.41 First Boston Corp Gas 11.32 23.97 Fidelity Fund Inc Fundamental .1 interest 1 Common stock b2.20 13.50 1 Fund Preferred b2.25 3-52 17.83 13.50 20c 5 Balanced Fund Founders 1-52 3-52 11- Due 16.12 16.14 1 Priced Bond Series Preferred Stock Series Equity Fund Inc Fund 1011- 1-52 Dated 31.33 15.11 .1 1 Low Financial Industrial 1-52 1-52 8- Rate 19.87 Nation-Wide Securities— & Howard— Stock 7- Trust Shares Bond Eaton 18.38 Due 2- 42.43 2.15 1 40.17 29.14 I — Corp 11.34 8.90 Dated 2.05% Mutual Invest Fund Inc Mutual Shares 30.91 10.35 97.20 7.89 interest- 1 1 97.12 4.98 Boston Inc 1 1 97.28 Federal Intermediate Credit Bank Oebentures Rate 1.90% Metals 1 98.26 97.20 98.19 5.84 Stock Merchandising Railroad Equipment 99.32 98.4 Inc__10e Fund Oils Tobacco 99.9607 97.28 1, 1956 1%8 Oct. 1, 1956 1%8 Apr. 1, 1957 Massachusetts Life Fund— 13.93 Steel 1953 l%s April .0107 99 1.90 1 1 16.56 • 99.9893 98.24 98.17 5.92 Inc 12.71 1 1953 98,30 lc Growth 15.11 Railroad Ask 32nds— 5.30 beneficial Interest- .1 Investors 1 Utility Bid in are l%s March 15, 1954 1%8 March 15, 1955 1%8 Dec. 15, 1955 .0238 4.10 Trust— 1 Invest Fund 100 .0107 1, June Values IOOtV 100 tV ic Machinery 13.35 Maturity- 4.45 shares Insurance stock Public 117 ic _• Investors Mass 12.95 equipment 100 100.0011 15. Feb. 4.43 ' Pacific Coast 96.28 116% Price Ask —100.0042 l7/«s 3.52 1 Electrical 96.20 1961 3.82 shares—lc Home Furnishings shares lc Non-Ferrous Metals lc 1 Diversified 1, 1957-1955 100.4 5.49 3.47 Industries Aviation common 15, 1952 1, 1952 l7/«s lc Automobile - 99.24 100.10 99.28 Treasury Notes- l7/aS Sept. 1, 1952 l7/es Oct. 1, 1952 38.45 shares_lc Electrical Equipment shares_lc . Agriculture stock 99.18 100.8 Bid l7/sS Dec. General Fund l7/sS Aug. Managed Funds— 7.64 Lexington Trust Inc Funds 99.26 100.2 Panama Canal 3s Certificates of Indebtedness— 11.08 38.45 7.03 1 Fund Consolidated investment 100 Maturity— 6.49 1 Inc Fund 99.30 Dollar 20.56 (Appreciation Com Stks) 1 22.86 Stock & 1954 1%S Oct. 99.26 99.26 1, 1953-1952 2%s Feb. 1, 1955-1953 2%s Nov. 1, 1954 2%s May 1, 1956 U. S. Certificates of Indebtedness & Notes 19.22 6,060 1 Bond 1, 99.20 1953 38.97 Trust Preferred 1, Feb. 30.42 35.73 Century Shares com 2%s 12.45 B-2 K-l (Income Pfd Stocks) Securities 2Vas June Ask 99.20 1%S Jan. 19.99 (Speculative Bonds) 1953, Central Bank for Cooperatives— l%s Feb. 1, 1953— 100.1 26.88 B-3 B-4 99.31 27.73 8.98 27.25 K-2 Bank 32.27 24.64 10.01 Diversified 19.39 31.63 8.97 13.18 Delaware 18.97 j 24.88 0.26 Concord 12.79 22.79 12.18 Fund 13.53 11.70 1 1 Composite 12.45 1 point Bid 99.31 2.00s 1 a Federal Land Bank Bonds— 1.16 Keystone Custodian Funds—" B-l (Investment Bonds) ,_l -1 Composite 93c 32nds of one or more Ask 16.01 Investors Management Fund Johnston (The) Mutual Fund Inc Inc Commonwealth 84c Bid Federal Home Loan Banks— lc Stock and Bond Group Investment Co of America Investment Trust of Boston Canadian Fund Chemical 14.87 .5 Corp Bullock Fund Ltd Christiana 13.57 Obligations of Government Agencies Ask lOo value Broad Street Invest Canada General Bid Figures after decimal point represent Aviation 13.27 Inc__l Axe-Houghton Fund "A" Par Institutional Shares Ltd— 5.33 1 American Business Shares American Mutual Ask 93c 1.25 y Ex-rights, tin default. z Ex-stock fThese bonds dividend. are subject to all Federal taxes. 45 48 The Commercial and Financial (458) Chronicle Monday, August 4, 1952 . Week Ended July 26 1952 $ Third Federal Reserve District—Philadelphia— this week will show an increase Bank clearings liminary figures compiled by us based upon Aug. 2, clearings for all possible to obtain weekly clearings will be indicate that for the week ended Saturday, of the country, it is cities of the United States for which last year. Our preliminary total stands 10.0% above those of the corresponding week gain for the a follows: week the in 1951. At this center week ending Friday of 16.6%. Our comparative summary for against $16,015,014,828 for the same week •at $17,624,208,550 there is compared with a year ago. Pre¬ telegraphic advices from the chief cities 1,237,753* Pennsylvania—Altoona ■ ' Lancaster 1,448,222 3,613,493 975,000,000 2,865,109 1,060,224 V 0.4 3,050,385 2,823,529 5.1 966,000,000 837,000,000 — + 927,941 906.599 — 1.8 3,052,477 3,157,251 5,636,194 „,„„J - , Wilkes-Barre 1,182,801 1,204,118 5.6 — 5,392,581 + 4.5 4,928,496 4,497,806 3,032,126 Reading Rcrant.nn 751,157 + 33.5 3,628,999 1,025,000,000 _ __ —14.5 1,140,187 1,305,109 __ Philadelphia tfH.' r 1,522,106 - t S ' 1,232,672 — 1949 1950 or Dec. % 2,813,675 Bethlehem Chester 2,332,205 + 32.6 2,658,801 — 2,327,743 5,252,461 4,980,721 + 5.5 4,450,171 3,204,279 11,675,088 10,706,475 + 9.1 9,245,884 8,438,301 8,610,395 7,263,336 + 18.5 8,748,184 7,653,953 + 5.3 1,005,581,541 871,688,57® + 2.9 7,317,529 5,096,915 + 9.2- 199,209,689 150,941,880) 0.2 339,507,777 271,529,254 + 13.3 34,928,300 30.227,700 York Delaware—Wilmington New Inc. 1951 $ CLEARINCS THE COURSE OF BANK Jersey—Trenton Total _ (11 cities) 1,069,685,963 1,016,062,944 TELEGRAPH CLEARINGS—RETURNS BE * " "" Philadelphia- ~ Boston. ' I Kansas City 803,612.563 1,028,000,000 524,041,303 345,573,870 281,000,000 491,650,000 320,669,905 405,049,440 I —. Louis 8t Ban - $9,447,927,975 New York Chicago Francisco — Pittsburgh— — II Cleveland *7™™ Ten cities, five days Cincinnati Cleveland Columbus + 1.1 6.5 All cities, 38,395,100 6,169,70G 9,023,257 324,505,281 338,522,508 1,017,746,068 Pennsylvania—Pittsburgh — 4,029,630, 0.8 5,540,715 —15.7 7,496,410 6,344,549 4.1 322,869,877 293,435,159 0.6 916,870,297 761,665,13T + 6,120,569 7,602,398 1,011,242,308 — 2.2 - Total +11.2 + 5.9 (7 cities). — + Fifth Federal Reserve District—Richmond- + 10.2 Virginia—Huntington 3,089.853 Richmond + 5.9 South +10.0 Maryland—Baltimore District of Columbia—Washington- week covered by the foregoing will appear week. We cannot furnish them today, inasmuch as the week 4,996,138 260,322,848 tl,321,000 10,445,000 120,296,595 102.943,550 2,749,993; 241,299,919 1.1 82,067,089 207,227,303 67,229,363 4.1 — 89,034,164 88,084,327 461,148,954 392,653,294 + 531,508,182 (6 cities) 3,682,092 0.7 + 29.6 3,853,785 258,380,033 2,053,030 2,482,259 0.1 + 14.5 + 13,632,000 141,811,969 Carolina—Charleston Total + 14.2 2,704,854 13,696,000 162,311,994 Virginia—Norfolk 585,076,086 619,797,722 33,900,500 — $17,624,208,550 $16,015,014,828 day one all cities for week Total 420,040,381 + 3.2 263,809,142 $17,004,410,828 $15,429,938,742 five days all cities, 6,479,098 197,155,995 419,058,679 Youngstown West Total 6,663,851 215,346,053 _ __ Mansfield 6.7 — Federal Reserve District—Cleveland— Faurth Ohio—Canton + 1.5 + 2.2 + 9.3 $13,905,422,218 $12,504,558,347 3,098,988,610 2,925,380,395 — .. . . five days - +16.6 + 4.1 316,039,412 301,200,000 486,283,667 342,813,120 392,646,411 257,897,157 Other all cities, % 1951 $8,103,689,330 7 72,067,946 1,013,000,000 513,009,319 1952 Week Ended Aug.2— 510,459,783 + Complete and exact details for the f \io. issue of next our available at time of going to press. the last day of the week in all cases has to be estimated. the Saturday figures are not ends Saturday and Accordingly, in the above In the elaborate detailed statement, however, which we present ended results of the previous week—the week able to give final and complete we are further below, For that week there was an increase of 9.1%, the aggregate of clearings country having amounted to $16,436,086,584 against $15,068,278,103 in JFuly 26. ifor the whole the week in same 5.0%, the bank Outside of this city there was a gain of 1951. increase of 13.5%. We group the cities according Districts in which they are located and from this we note Sixth Federal Reserve District—Atlanta— 19,262,314 Tennessee—Knoxville 20,045,063 3.9 — 13,351,146 16,018,693 92,373,967 75,633,590 + 22.1 74,854,366 65,634,543 297,300,000 5,538,664 256,900,000 + 15.7 220,400,000 186,200,000 4,205,660 3,816,976 99,677,507 113,037,078 Nashville Georgia—Atlanta Augusta Macon Florida—Jacksonville 124,964,822 Alabama—Birmingham 106,066 372 7,534,846 Mobile 439,914 157,774,273 815,460,832 Mississippi—Vicksburg Louisiana—New Total Orleans (10 cities) 5,396,211 2.6 + 3,440,924 4,604,570 + 10.2 4,232,914 2,592, gag¬ + 25.4 95,704,662 es, 934,723: 6.2 107,691,999 99,848,913 — 7,385,560 355,400 2.0 + 4,925,464 6,601,093 + 23.8 423,886 385,253; 128,019,141 + 23.2 127,384,383 104,014,731 710,266,526 +14.8 657,916,566 546,328,686 -clearings at this center showing an the Federal Reserve that in the New York District ot 4.6% and in the Philadelphia of 5.3%. In the Cleveland Reserve District the totals are larger 13.0%, in the Boston Reserve District of ment (including this city) the totals record an improve¬ District Beserve Seventh Federal Reserve District—Chicago- 1,452,763 Grand District by 4.1% and in the Atlanta Reserve 0.8%, 3.7% and the Minneapolis Reserve District of 8.5%. The Chicago Reserve District has to its credit a gain of district of 14.8%. the St. Louis Reserve In. the Dallas Kansas City District of register District the totals Reserve Reserve District San Francisco Reserve District but in the decrease of 3.9% a the totals show an increase of 3.8%. of 17.8% and in the a summary by Federal Reserve Districts: federal Reserve Districts- 3,042,794 73,975,929 Iowa—Cedar Rapids Des Moines 30,098,849 29,052,908 12,671,123 14,284,157 1,418,517 788,917,751 794,763,119 4,290,369 Sioux City Hllnois—Bloomington Chicago -12 cities Xflfc Boston -12 +t»ifl New York _11 Philadelphia rtvfl Cleveland 7 - -10 Chicago -17 - — *i$ai St. Louis Minneapolis 7 - 10 City S99i Kansas 4 - 572,660,880 460,030,937 7,523,995,129 + 13.0 7,787,354,398 6,626,878,331 1,016,062,944 + 5.3 1,011,242,308 + 510,459,783 + 1,069,685,963 + M « M M M M 1,017,746,068 531,508,182 • 4,343,265 60,407,000 55,114,000' 6.1 8,200,010 6,877,938 0.5 3,090,533 2,149,104 + 22.4 66,718,755 55,127,649 + + 21.4 4,243,628 3.6 30,271,305 30,687,076. —11.3 15,090,944 12,126,852: + 3,008,453 7.4 1,201,289 1,073,569» 791.637,041 645,781,334- 1.6 3,343,451 6,080,409* 12,330,666 —15.0 12,747,314 11,664,092 7,359,228 + 18.7 5,177,010 4,505,947 4,319,184 3,697,766 + 16.8 3,805,255 3,050,812: 1,046,962,767 1,038,199,328 0.8 1,028,715,870 857,159,911 8,737,706 (17 cities)—. 1,531,160 3,612,824 — — + + Eighth Federal Reserve District—St. Loots— Missouri—St. Louis 296,000,000 303,900,000 133,943,596 2.6 296,300,000 264,800,000 149,012,596 + 11.3 134,309,578 107,379,483 1,005,581,541 871,688,570 Kentucky—Louisville Tennessee—Memphis 92,061,189 80,157,774 +14.9 87,414,321 69,832,773 0.6 916,870,297 761,665,137 Illinois—Quincy 2,093,315 1,837,486 + 13.9 1,961,221 1,570,644 4.1 M » 5,296,569 1.8 — $ 4.6 8,505,604,754 Richmond it ill Atlanta $ 597,649,282 0.7 — — 1949 1950 Dec. % 624,940,845 *• M ri&i Inc. or $ $ 3,534,879 + 0.7 3,670,216 10,486,118 Total 1951 1952 Week Ended July 26— 7,343,754 3,057,901 Springfield SUMMARY OF BANK CLEARINGS 6,776,835 58,267,000 90,525,753 Haute Rockford furnish 5,519,988 Wisconsin—Milwaukee Peoria In the following we 8,838,305 4,907,178 6,892,934 Decatur , 1,161,068 11,152,296 + 23.2 6,726,777 — South Bend Terre 1,426,292 —16.4 5,213,107 57,199,000 Indiana—Fort Wayne Indianapolis toy 0.6%, in the Richmond Reserve 6.4 12,047,864 6,420,179 Rapids Lansing 1,365,338 10,077,627 Michigan—Ann Arbor 461,148,954 392,653,294 539,167,100 519,838,856 3.7 519,985,120 443,582,90a Total + 14.8 657,916,566 546,328,686 + 0.8 1,028,715,870 + 3.7 519,985,120 443,582,900 '402,290,625 + 8.5 402,008,502 341,485,653 + 857,159,911 519,838,856 (4 cities). — 815,460,832 710,266,526 1,046,962,767 1,038,199,328 539,167,100 436,558,342 + 17.8 585,482,060 497,181,167 321,439,511 334,391,717 — 941,530,160 906,700,438 + 546,967,421 433,906,223 Ninth Federal Reserve District—Minneapolis— Minnesota—Duluth 6,483,383 St. Paul 6,525,494 0.6 6,986,232 5,687,195 296,526,822 104,705,225 Minneapolis 270,088,103 + 9.8 270,147,998 236,873,839 102,164,499 + 2.5 98,836,030 78,842,365 — .. 'Coital - — 6 -10 '/Mil San Francisco M 384,678,866 249,200,498 North Dakota—Fargo 7,438,285 6,932,660 + 7.3 7,600,584 5,247.411 3.8 860,502,729 684,409,610 South Dakota—Aberdeen 3,955,325 3,757,513 + 5.3 3,904,739 3,087,813 4,147,234 2,977,676 + 39.3 3,559,617 3,270,344 ♦Jatalde Nov York Oity- 13,302,068 9,844,680 + 35.1 10,973,302 436,558,342 402,290,625 8.5 402,008,502 16,436,086,584 15,068,278,103 + 9.1 15,144,391,144 12,668,989,750 8,217,439,329 .112 cities — 3.9 Montana—Billings XXCh Dallas 7,826,524,695 + 5.0 7,620,633,796 6,267,680,999 Helena Total (n cities 1 _ , + 8,476,681 341,485,653. ' We now add our detailed statement showing the figures for each city for the week ended July 26, for four years: Nebraska—Fremont Week Ended July 26 First Federal Reserve 1951 Inc. or 1950 $ $ Dec. % t 1949 $ Portland BBaosachusetts—Boston 1,792,188 1,803,134 4,716,116 3,779,145 524,944,966 507,775,427 0.6 — 1,899,689 1,484,951 + 24.8 4,299,764 3,804,245 3.4 476,351,141 387,555,053 + *<owell ♦Sew Bedford dvrlngfleld Worcester Connecticut—Hartford ISew Haven 4gfiaede Island—Providence Hampshire—Manchester- Wow Total (12 cities) 2,013,229 33.7 1,775,547 894,006 + 10.7 1,008,004 637,190 2,152,614 989,652 . + 1,884,279 + 14.2 2,062,298 8,706,485 + 8.2 9,029,092 6,221,196 6,794,696 + 10.4 6,972,770 4,307,575 30,824,620 24,938,731 + 23.6 12,701,131 12,775,770 25,763,000 25,504,200 2,125,033 1,287,072 624,940,845 597,649,282 0.6 26,070,215 21,221.698 11,921,513 9,363,579 1.0 29,204,800 21,396,500 + 65.1 2,066,047 1,088,387 4.6 572,660,880 460,030,937 —52.5 20,988,534 19,663,557 — York—Albany JOlnghamton ♦Juffalo + 29,768,060 3,146,105 2,938,123 + 7.1 2,984,069 2,741,868 92,550,664 + 8.8 89,775,290 83,096,962 100,663,530 I 1,940,948 1,968,531 1.4 1,634,795 1,465,219 Jamestown 2,070,477 1,725,484 + 20.0 2,109,032 1,554,532 8,218,647,255 7,241,753,408 + 13.5 7,523,757,348 6,401,308,751 York -Rochester (Syracuse Connecticut—Stamford Wow Jersey—Montclair Hewark Northern New Jersey. Total <12 ctHes} 225,086 5,906,052: 106,614,203 8,527,907 + 14.7 16,962,758 + 10.4 13,290,247 312,078,952 + 21.2 364,579,079 11,285,306 286,907,104 12,149,761 7,804,903 8,107,396: (lo cities) ...; 0.6 12,050,180 10,293,042: 3,417,379 3,032,821 + 12.7 2,451,798 2,155,412: 2,902,376 __ 2,503,448 + 15.9 2,530,649 1,919,913 585,482,060 497,181,167 + 17.8 546,967,421 433,906,223 + 25,202,456 Eleventh Federal Reserve District—Dallas— Texas—Austin 5,797,241 Wichita Total 9,187,677 321,439,511 (6 cities) 5,315,736 9,105,831 Louisiana—Shreveport 27,472,569 5,239,394 Falls 280,548,431 25,489,149 5,015,000 Fort Worth 6,391,304 270,792,896 Dallas 334,391,717 5,476,000 — — — — — — — 9.3 8,092,359 5,214,579* 3.5 324,342,930 7.2 30,852,263 206,425,484 20,752,012: 8.4 5,770,000 4,619,000 1.4 .6,024,476 0.9 9,596,838 8,345,665. 3.9 384,678,866 249,200,493 140,497,325 109,890,271 3,843,753. Twelfth Federal Reserve District—San Francisco— 14,144,615 MUnlra «ew 7,847,315 135,007,107 ' 12,219,232 Joseph Galveston + flMwl Federal Reserve District—New YorkWfow + 12.4 ' 492,704? 1,505,521 9,418,246 ♦7,500,000 608,978 + 18.8 9,784,200 Colorado—Colorado Springs Total + 28.5 " 378,350,101 1,445,042 1,506,337 521,868 6,607,746 134,036,085 670,535 City Pueblo fftdl River 797,165 18,728,623 Missouri—Kansas 8t. + 17.3 7,846,860 Omaha Kansas—Topeka District—Boston— .— 759,821 150,671,661 - Lincoln Wichita Wf&ne—Bangor . City891,093 Hastings 1952 Clearings at— Tenth Federal Reserve District—Kansas 22,119,367 — + 13.9 Washington—Seattle City California—Long Beach 15,436,806 15,488,583 14,968,008 + 3.5 14,841,408 16,595,944 + 22.5 12,975,679 10,849,029 + 11.7 3,621,296 7.2 169,040,565 56,346,479 + 14.1 53,004,526 18,328,316 Pasadena 14,427,164 12,931,670 San Jose 8,520,585 483,496,247 San Francisco 500,532,432 + + 27.0 14,950,993 3,058.105 130,421,46O> 45,862,593 11,995,263. + 51.8 8,241,195 3.4 445,807,889 355,773,657." 9,125,444 — 7,895,651 13,196,204 3,282,644. + 13.7 13,005,660 + 44.4 3,225,635 10,704,699 ; Barbara 9,666,119 +10.7 9,107,645 7,055,401 941,530,160 906,700,438 860,502,729 684,409,610 16,436,086,584 8,217,439,329 15,001,922 4,739,616 Stockton 3,331,765. 10,863,751 20,336,448 + 13.5 3,344,290 147,791,271 64,304,958 Utah—Salt Lake 149,593,250 3,735,260 158,462,600 Oregon—Portland Santa 20,469,070 169,824,872 Yakima (a) (a) (a) 683,186 45,456,412 43,575,821 + 4.3 43,431,128 56,031,719 + 4.4 54,388,045 43,391,146 8,505,604,754 7,523,995,129 J-13.0 7,787,354,393 6,626,878,331 cities) + 3.8 15,068,278,103 + 9.1 15,144,391,144 12,668,989,75® 7,826,524,695 + 5.0 7,620,633,796 6,267,680,99®. .. 35,823,524 58,507,925 Total (10 Grand Total (112 ctiles)_i Outside New York ♦Estimated, (a) Now included in Newark, N. J. Number 5139 yolume 176 The Commercial and Financial Chronicle ... Foreign Exchange Rates Pursuant to the to the Secretary give below Company and Issue— requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily of the Treasury the buying rate for cable transfers the different countries of the world. on Northern We St. EXCHANGE FOREIGN RATES CERTIFIED BY JULY FEDERAL 25, 1952 RESERVE TO JULY BANK 31, 1952, TO TREASURY UNDER TARIFF ACT OF Pacific Paul 1st Country and Monetary Unit July 25 Basic Preferential July 28 $ .200000* • July 29 $ : * Australia, pound Belgium, franc Brazil, cruzeiro British Malaysia, Malayan dollar Canada, dollar Ceylon, rupee Denmark, Blnland, .133333* .0719471* 2.220368 Closed B. 2.226344 .0198500 .0198500 .0544060 .0544060 .0544060 .0544060 .325100 .325133 ..325166 1.032343 1.034570 .208433 .208800 .144916* .144916* .144916* .00435401* .00435401* .00435401* .00285625 .00285625 .00285625 .00285625 .208840 .208920 .20.3920 .209000 2.787812 2.789375 2.793958 .116144 .116189 .116245 .116245 2.786666 Closed .263166 pound krone (Philippine Islands, peso (Portugal, escudo (Sweden, krona Switzerland, franc Union * 2.776151 .263200 .263250 .263200 2.761757 2.766398 nounced .140154* .140154* .140154* .496766* .496766* .496766* .496766* .0347875 .0347833 .0347875 .0347750 . .193269* .232583 .193269* .193269* .193269* .232625 .232800 2.778953 2.787812 2.789375 .658327*t .568327*t .561797*$ .561797*+ .561797*$ ,425531*f ,425531*t .425531*$ (In thousands of dollaws) Acme .561797*+ ,415531*t Steel Acme .425531* + they increased $45 million in Chicago; the net de¬ at all reporting member banks was $122 million. Holdings of Treasury certificates of indebtedness de¬ creased $56 million. Holdings of United States Govern¬ fund for F. Total gold ctf. reserves — 22,146,344 cash advances 2,887 — 33,453 + + 127 + 7,358 330,139 + 995,264 1,403,235 + 4,728 + 90 199,400 + 44,900 11,940,216 industrial loans U. S. Govt, 1,608,849 2,887 349,985 and 1951 + 694,092 ^Discounts Aug. 1, 1952 R. notes •Other July 23, 21,452,252 + 73,000 1,642,302 — 1,165 securities: Bills Certificates Notes + 5,568,073 Bonds 369,192 — 5,135,823 — 7,088,541 Demand deposits adjusted increased $275 million in New York City, $76 million in the Cleveland District, $43 million in the Boston District, and $37 million in the San Francisco District. Borrowings decreased $197 million in New York City and $105 million in the San Francisco District, and in¬ creased $47 million Wood Total JDue W. loans from R. and securities. securities— notes of other cash < banks— + 45,219 assets + 50,461,151 756,777 15 — 207,015 __ 448,129 3,481 + 38,555 310,369 + 73,823 + - + 459 + 3,246 8,384 + , + Loans 67,807 + + S. Treasurer—gen. acct._ Foreign loans Loans Other + U. 47,616 18,84'? 256,889 7,178 deposits 231,670 + 94,957 + 204 + 895 204,316 + + 2,517,407 8. 149,682 capital of + purchased 47.2% 65,198 6,352 139,190 + 2,565,700 — 0.4' 1.2% on accept¬ for 271 + 319 197 14 + 62 1 5,753 14 423 247 loans— with 6,086 42 — 340 + 16,050 198 + 12 — 6,402 28 + 533 146 + 2,307 3,361 1 33 + 751 7,494 10 + 838 14,995 65 + 904 935 16 + 72 2,307 Reserve banks 56 20,198 Federal 122 3,736 5,961 domestic banks.. 168 + 861 + 2,237 — 13 — Buckeye Budd Time Government 8. 16,945 and 1,149 430 From 512 328 1,226 deposit accounts, 8. Govt, 2 40 220 826 except accounts, during week 26,829 2,273 The condition banks of the shows the following principal changes for the week ended July 28: Decreases of $430 million in United States Gov¬ ernment deposits and $512 million in demand deposits credited to domestic banks, and an increase of $446 mil¬ lion in demand deposits adjusted. Changes in commercial, industrial, and agricultural loans were relatively small in all districts and there was a net i banks. decrease of $11 million at all reporting member Changes according to industry are available in another press release. purchasing or Loans to brokers and dealers for carrying United States Government se¬ curities decreased $82 million. Real estate loans increased $14 million. Loans to banks decreased $247 million. "Other loans" increased $28 million. Holdings of Treasury bills decreased $47 million in New York City, $30 million in the New York District outside of New York City, $26 million in the Minneapo¬ lis District, and $25 million in the San Francisco District, Below will be found preferred and a common bonds, notes, redemption, including those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in the current volume (except where indicated) in which the details were given in the "Chronicle." NOTICE OF Company and Issue— 1st mortgage bonds, series A, Date Page RR.— 4% 5.25% 4.50% due 1991- Aug 12 143 PARTIAL REDEMPTION Page Carolina, Cllnchfield & Ohio Ry.— . ' ■ mortgage 4% bonds, series A, due 1965 Sep 1 Caterpillar Tractor Co., 4Vfc% cumul. preferred stock—Aug 16 Chicago & Western Indiana RR— 1st 1st and ref mtge. 4%% bonds, series D, due 1962.J3ep I Chicago 51 4.80% 8-25 8-15 25c 9- 2 8-15 9-1 8-5 9-1 8-5 9-1 8-8 9- 8- 8 1 9-10 8-15 Power Morse 8-15 9-1 8-6 $1.12% 9-1 8-6 8-35 $1 9-10 37V2C 62 V2C 9-10 9-10 8-35 15c 9-1 8-8 $50c (quar.) preferred 9-15 15c fquar.) 8-30 8-16 $50c $$1 1$1.25 $$2 $$1.25 (quar.)—$25c 25c (quar.) Ltd. (quar.) 8-25 9-1 9-X 10- 1 9- X 9- X 9- 2 8-15 8-20 8-11 8-20 8-11 9- 2 9- 8 8-15 8-25 8 8_2& $1.12% $1.18% 9-1& 9-10 $1.31% 55c $1.12/2 10- 1 10- 1 10- 1 9-19 19~ * 50c $1.12% 40c 25c 9-1 8-15 9-10 8- x 8-15 8- 5 8-20 8-25 8- 8 9_ Electric— & ——— — (quar.) Co., (quar.) com. (quar.) Corp. , 50c Co. Engineering (quar.) ^,uc 8-15 9-16 8-2£h (quar.)_ * 37 Ac $1.12/2 9- 1 8- 8 10- 1 h-ia $25c com. (quar.) Products, 1 10- 1 10- 1 10- 1 50c (quar.) Products 10- 8-30 40c — 9" 1 Ltd.— (s-a) Corp. 8-15 8-16 10 15 9 3D (quar.) Co., common (quar.) convertible preference (quar.) (quar.) 75c 9- 1 8-1S 25c preferred (quar.) & Lambert Mfg. ■$1-50 $1.12(6 preferred Controller Clayton . 20c (quar.) Electric $3 8-15 $1.05 preferred (quar.) Soya Co., Inc. (quar.) Corp., 8-15 \ 87V2C (quar.) 230 230 1 8-15 6 9- $1 common (quar.) Co. 9-15 25c • Chenango & Unadilla Telephone <N. Y.), common (quar.) Clark 8-1 10c Gas preference 8-35 8-35 ■. - Co preferred Chilton - 8-15 9- 2c income.— (quar.) preferred (quar.)_ Light Co., com. Steel . 25c preferred Belt 4%% Date 9-15 20c - Company and Issue— 1 — Certain-Teed Chatco 10- 50c Chambcrsburg 8 9- 5 9-15 15c (quar.) Loulsana Central '8- 1 $1.25 preferred Central 2 9-20 9-15 (quar.) Illinois 4%% 8-1* 9-15 (quar.)—— Products Paper 5t 9- 8-11 , 10- $37 %c Co.— Electric preferred 4.75% 9- 50c - Hudson Central 5 '/o 9-2 35c common redeemable $4.50 . Fonda, Johnstown & Gloversville 9-23 9-10 35c Ltd., class A (s-a) Champion Paper & Fibre Co., TENDER 8-25 5- 51 20c Co., Ltd Canadian Breweries, Ltd. (final) Canadian Oil Cos., Ltd., 4% pfc). (quar.)— 5% preferred (quar.) 8% preferred (quar.) Chain 1 (quar.)_ Starch Carpenter for 9- 9-23 $1.35 t37Vic partic preferred Participating 4%% called 8-25 25c America Common Central list of corporate stocks 8-18 8-20» 1 $1.18% of Carpenter Steel Co.1 (quar.) Notices 1 1 9- J Extra statement of weekly reporting member Reserve System in leading cities Federal 99- ,— Extra Redemption Galls and Sinking Fund 9-5 $1.12Vi — Canadian-Fairbanks Condition Statement of Member Banks 1 32c preferred City 8-11 10- $1.05 — (quar.) (quar.) California Cold Storage & Distributing Co.— 5% 8-11 2 30. Co Brothers, Capital 1 9- Ltd.— Terminal Canada 7-3D 9- $1 60c net investment California 8-12 25c declaration com. 3 V2 % preferred (quar.) 4.20% preferred (quar.) Burroughs Adding Machine Co. % 7-3D 30c Burlington Mills Corp., 4% preferred (quar.) 4 % 8-15 8-12 Co.— common $1,50 1,209 U. Fund, 1 24c Inc (s-a)—.,— Line 8-2D 9- 60c : (quar.)— Pipe 9-20 10c __ Co. 8-15 Y.)— (quar.) (quar.)— Falls 9- 2t 8-29 15c . (N. 9-15 $1.75 Company, common Bullock 2,277 9,692 Foreign banks Borrowings demand 24 5,377 deposits Interbank demand deposits: Domestic banks to 1,915 9- % (quar.) $5 preferred (quar.) Buell Die & Machine • 446 9-15 (quar.) Light, (quar.) B Hill Buck Butler 52,448 8-8 8-8 $1 Columbia Packers, Class Bush deposits adjusteddeposits, except government A British ■, 1,542 Liabilities- Interbank 9,096 11 — 33,256 vault with Co. 8-30 9-8 Roller Bearing Co.___ Mfg. Co., common (quar.) Class _ securities—Total bonds in Bower 9-15 9-2 75c preferred Co. 8-3C* 75c (quar.) Investment Trust Brillo carrying: or securities Reserves Debits foreign correspondents Industrial loan commitments— 4.75% Borden Demand + Blaw-Knox 9-15 65c Insurance on (quar.) 8-1» 8- » 37Vic preferred (quar.) Sivalls & Bryson Inc.— Black, 8-25 9- 5 9-2 25c (quar.) 5.40% 1,668 + taken 1 9- 25c 75c Spinning Associates, Corp., common preferred Common 5 9- 3 93 %c meeting held on July preferred (quar.)— 2,932 82 8- & 9-24 (initial) com. (initial quar.) Hills Power & Bond Government obligations U. 50,461,151 combined Contingent liability S. Other 28,320 + at 4Vi% 6,077 565 purchasing action 3,028 726 Show Shippers Carpet + + 9-1 8-2(k Sanitary (quar.) Bigelow-Sanford + 11 9- 2t (quar.) 316 20,626 8-11 9-13 ... 316 — 1,305 13,621 gold certificate re¬ to deposit and F. R. serves, note liabilities ances + 27,543 Total liabilities & cap. accta. (Ratio 72 538,342 accounts. 35,997 + 9-10 $1.75 new preferred No 9-1? 8-30 (quar.) Radio Fine 1 $3 Standard Extra Black pur¬ loans Balances 246,187 Corp. Bethlehem Steel 10- 75c (quar.) common 9-.15 8- 8 75c (s-a) & Manufacturing Corp. New 8-21* 1 8-15 12 Vic Co Corp. (quar.) Cork Co., common & 9-15 10- 43%c Steel Baltimore 8-K> 2 25c Steamship Radiator Tack Avco July 25, or Government Cash Capital Accounts— •Other for Treasury bills Treasury certificates of indebtedness Treasury notes 206,203 14,577 'Capital paid In ^Surplus (Section 7) ^Surplus (Section 13b)— dealers securities estate Other 1,222,932 2,612,394 49,499,397 _ and 90.558 22,055,162 liabilities . brokers Loans to banks U. Total S. Real U. (Deferred availability cash items Other liab., and accrued diva. — carrying: Government obligations S. U. 43,823 — — $4 8-l4» 9- 3 9- ' 40c preferred (quar.) preferred (quar.) Atlas 8-21»/ 9-12 9-12 35c $3.75 1951 452 (quar.) common Armstrong BoMem 9-15 $1.25 preferred Armco When 7%c Arkansas-Missouri Power Co., com. 6% preferred (quar.) and agricultural Other securities 784,646 ; Total . to chasing 1,309,697 123,143 7% ' 1,087,377 82,502 76,191 35,441 Other loans for 24,817,264 1952 follow with 40c quar.) com. American Seating Co., Tobacco Co. $4.20 investments—Total Loans—gross Commercial, industrial, Deposits: U. and Loans—net 2,565,700 20,408,544 605,083 July 16, Co., American mem¬ (In millions of dollars) Other Member bank—reserve accts. Corp., 7% 1952 Liabilities— (Federal Reserve Notea at* 60c Indemnity Co. American Inc. (+) or 43,654 139,190 American dec. (—) since Assets— (quar.) (quar.) American-Hawaiian / 237,322, — — — • 1 Payable of Rett. 30c (quar.) Co. Berkshire reporting we Share (increased Steel Kid A summary of assets and liabilities of ber banks follows: 686,279 — 193,394 , 117,900 23 3,267,696 " assets Total + 24,251,475 Items premise* •Other 22,843,512 foreign banks Uncollected f«ank Govt, Oct 175. (quar.) preferred Bankers July 23, Total U. S. Volume (s-a) (reduced Co. Corp. Chicago and $36 million in the Richmond District; the net decrease was $220 million. in 6,270,392 — tin American Can Co., 7% preferred (quar.) American Forging & Socket Co. (quar.) American Gas & Electric Co. (quar.) million; the principal changes an increase of $35 million in New York City and a decrease of $30 million in the San Francisco District. Corp. Co. Wire Aeroquip but crease were Inc. (+) or dec. (—) since issue, Company Vending Alan ment bonds increased $33 ^Redemption * Aug 20 Per ABC .658327*+ . type of merchandise. 1952 Aug 25 during the current week. Then Name of 2.793945 .658327*$ ,561797*t July 30, 326 32» second 2.783623 .658327*t Federal Reserve Banks Combined this .232900 2.777396 2.787187 2.786696 .232683 2.776774 Closed Statement of Condition of the Twelve certificates t2G0» 4 table in which we show the payments previ¬ ously announced, but which have not yet reached thete payment date. a 5% Assets— 1 Sep 33D Sep 30 Co., 55 cumulative preferred stock Ry.— General mortgage 5% conv. inc., bonds, due 2014 Allied «OoKd 1 DIVIDENDS .236200 2.760209 .140154* .193269* upon 33£» " Dividend announcements are grouped in two sepan*S» tables. In the first we indicate all the dividends an¬ .0347850 tApplication depends 32S 1959_Ocfc 29 .00435401* .496766* Kingdom, pound sterlingUruguay, peso Uruguay, peso Uruguay, peso 1957__Oct 20 Southern .00285625 , .140154* United * Goodrich ♦Announcement in 1.036054 , 2.759591 • 2.758972 Africa, pound- F. .209180 2.787187 t .115852 South Date Telegraph Co.— .144916* .00435401* guilder ISSUE CALLED (Robert) Norfolk am 33*. .208933 .208400 Horway, 1 .326000 1.033437 .208433 .144916* Bfew Zealand, & 249 I Oct preferred stock Co., Inc., 6% cumul. preferred stock General Acceptance Corp.— 15-year 4% conv. subord. debentures, due 1962 Galr _ .0717980* 2.222609 .0198500 1.031919 RIexico, peso ♦Nominal, .0719471* 2.221364 .0198500 .324900 Markka of .133333* .0544060 Brance, (Metropolitan), franc .India, Dominion of, rupee Ireland, pound (Netherlands, .133333* .0719471* 2.220866 $ .200000* .0198506 krone bonds, due 1971 1st & ref. mtge. 4%% bds., ser. D, due Sept. 1, 1962_Sep Colorado & Southern Ry.— General mortgage 4Va% bonds, series A, due 1980—Nov Colorado Interstate Gas Co., 6% July 31 $ .133333* Telephone 1 " 3y8% ENTIRE .200000* .200000* .0718971* Free 4Vi% Co.— 10-year 2% % convertible debs., due Dec. 15, 10-year 3% % convertible debs., due June 20, Chicago & Western Indiana RR.— July 30 8 . .200000* ,133333* trust ^ C, due 1971 JSep bds., due 1975_Seii Company and Issue— Buying Rate for Cable Transfers in New York Value in United States Money July 26 $ Argentina peso— coll. mtge. series B, 1930 INCLUSIVE American Noon Ry., Union Depot and ref. F$w ung New England Gas & Electric Association— 20-year s. f. coll. trust 4% bonds, series record for the week just passed: a Date _ Firemen's Insurance Co. of Newark, N. J.— $4 cumulative preferred stock 8-14 8" 4 50c 9-15 8-29 36c 9-15 8-2.. 12 %C 9-12 8-2© 48 The Commercial*and Financial Chronicle (460) When Payable of Reo. Cleveland 7% 87 %c 9- 2 8- 8 4% 4% 50C 9- 2 8- 8 Hires 6c 8- 1 7-14 Life Colonial Insurance Quarterly Milling & Composite Fund, Co. Co. Howard 1 8-15 4%% 7-23 Hudson 2 8-15 5%> 5.12% 9- (quar.) 56%c Consolidated Coppermines Corp 15c 8-22 8-12 Consolidated Edison 50c 9-15 8-15 Connecticut $5 Power preferred Consolidated of Co. 4%% 4% Co. Co. (N. preferred preferred 1 1 9-15 (quar.) $1.12% 10- 1 10- 1 Water Continental & Power Copper Steel & Paper (quar.) 30c _ Copper Range RR., Lumber Crossett Crown Cork No action preferred Curtis $4 Daniels Fisher Leather & Ice Diversified & 5% preferred preferred fund 5 8-25 8- 8-25 8- La 12c 8-25 8- Lamson 14c 8-25 12c 8-25 8- Corporate bond 7c : investment preferred Corp., Hosiery, Duriron Company (quar.)__ Corp. (quar.)___ class Utilities 5% 8-25 Co. 8-25 8- M. 8-25 8- prior M. Mackintosh-Hemphill 5 MacLaren 8- 8 Mapes 8 Marshall-Wells 5 Masonite 8-20 8-15 8- Power 9-20 1212- 1 9-15 1 7-24 9- 2 8-15 ment 8-15 8- 5 McCormick 50c 8-26 8- 5 McGraw 50c 8-26 8- 5 Bonding took Directors 50c pfd. (quar.) — ' Merchants $1.02 % 9- $1.06'/* 2 17 9- 9-2 at 8-20 25c 9 -. 2 r 8-1 & Hill 7-22 Co. 11- 9- 3.85 % preferred 25c J50c 8-25 8-30 8- 60c $2.50 9-15 8-15 9- 8-15 4.35% preferred — 9- 8-15 4.45% preferred 2 9- 8-15 Mid-Continent 12 >/2c 9-12 8-27 Mid-Continental (quar.) $1.50 9-12 8-27 $1.37% Corp. (reduced) Ely & Walker Dry Goods Co. 8-11 9- Co., 8-15 Midland 9- 2 8-12 Morgan: (H.) 35C 9-30 9-15 10- I (quar.) common (quar.) Works 9-15 25c preferred 9-10 9- 9- 9-30 8-11 8- Mutual 8-29 50c _ Mining & Smelting Co, (quar.)—- 9-24- 10- Carpet Co._ Fitz-Simmon & Connell Dredge & Dock Co.— Insurance IOC 9- 9-12 Shares 5% — $1.25 8-26 National 99- Ford Motor Co. of Class A Class 25c, Pitt Bridge Works (quar.) Wayne & Jackson RR., 5% Foster-Wheeler Corp.— 41st . 4% ___• on preferred Dynamics 2 8-15 9- 4 8-21 8- 9-12 9-12 1 1 9- 1 8-15 Telephone General Tire Gerrard (8. (Wis.), $5 (P: Glen-Gery Goodrich called per H.) Shale (B. for F) 8-15 North 2 ,8-15 9-10 10- 9 8- 8-15 9- Northwestern % % preferred (quar..) $1.12% 9- preferred (quar.) $1.31 y4 8-15 1 8-15 Norwich 50c 8-29. 8-19 Oak 10c 7-31 7-25 Ohio 11-30 11-26 9- Brick Co., (quar.)_ $5 pfd. (entire 29 at Class B 9-15 9- 8- 1 7-15 $3.60 8- 1 7-15 $4.40 10c 9-29 " 50c 9-15, 9~2 9- 8- $1 _Z_„ 2 Hercules Steel 6% conv. 8-18 9-15 1 7-23 8-30. 8- Pacific 7, (quar.)__ 8-30 8-7 8-20 Common 9-15 8-20' 6% Corp. $1.10 9-15 8-20*" $1.12% 9-15 2 1 Manufacturing 9; Z 30c ; 75c ; . United 5<» 1 U. U. 8-20 9- . > ■'»' " ; I 50c 17 %C 12-1 8- ' 50c 9- X 2 Paragon 8-20; 35c 10-31 • $6 / 8-15 Pennsylvania 10c 8-15 10c 8-15 $5 ______■-__ZIZZZI17 pfd. (quar.) $1.50 (quar,)_ 48 %c 25c , (quar.)_ Corp., com. (quar.) 30c * (quar.) — 9- 2 10-20 9- 2 8-25 10- 1 8-11 10- 77 6 Power, __Z ;Z.Z 8%c j . ? , .. Perkins Circle Corp. Machine & Co.—' " - 77 8r ■ 1 X 1 7-24 - 7-9-157*- ? ... •; $2 10r •' 1 $1 79- :c *9- 25c i 8-15, 1 9-15 • - 9- 30c 9-15 9- 1 9- 5 8-15 7% preferred (quar.) 9-2 " Peter Paul, Inc, (quar.) 50c 5 38%c 9-30 9- 5 I6V4C 9- 2 ,,7 8- 8 .•8-8 • - Steel 8-15 8-15 8-15 8-15 25c 8-28 8- (quar.) California (quar.) » Co, (quar.) common of 9-10 8-11 9-10 8-11 9-12 75c 8-11 ' 25c (s-a!____ 9-12 8-11 50c (quar.)_r__ 9-10 8-20 9- 1 9- 5c — 8-15 1 8-15 5c 8-29 8-15 37'/2c 9-15 8-15 $1.10 9-15 37y2c iquar.)^_' 8-15 50c 9- 2 50c 9- 2 8-12 ,4—50c 9- 2 8-12 (quar.)___ j 8-15 8- 1 $1.08 8-15 8- 1 20c 8-28 '8-8 20c quar.)__ initial com. preferred 8- 1 >* 7-22 quar.) y 9-15 27c 8 ■ ' ' " 2 8-18 9-15 :.8-29 9- 12%c (quar.) (quar.)_____^_,______ 25c ~ 8-15 40c 9- 50c 9-16 9- 2 $1 9-16 9- 2 25c 9- 2 8-11 tl5c 10- 1 . Inc.," common ! Co., 8-15 _ 60c (quar.) com. (quar.)_ Car 8 65c 10c (quar.) y > . . - 1 . 9- 2 25c 8-22 8-12 40c (quar.) common 9-10 8-29 9-10 70c 8-29 25c 62%c 9- 2 8-13 9-t2 8-13 93%c — 9-10 8-20 2 8-12 California— A (quar.) Co. — (quar.) fund 9- 65c (Del.)— Inc. . (from investment net 7c Growers, & 8-30 8-15 t$l 9- 1 7-26 55c 10- 1 Ltd.— A preferred class Co. ' ______ Bumper, 9-12 Corp., oommon Steel (quar.) Corp., Ltd. Consolidated Detinning Co., (quar.) common 9-3;,- 8,-15 10c 8-15 7-31 35c (quar.)_. ' A ' ' . . Weber Showcase preferred & Fixture, com. (quar.)—>r, (quar.)__' ——_—^___ Products. tquar.)—. - " " Ltd 8-15 8T-29 9-10 9-20/ * , _ Westinghouse Air Brake Co. 7-21 f' 9- I . Wickes ' (George) Corp. Ltd., 8- 8 9- 8- 8 8*- 1 1; 8-15 31%c 10- 1 •' 9-15 $1 r_40c t25c 9-1"' n.8-15 " 8-15 9-15 8-22 r (quar. 15c -. ... v 9-15 - Wood Newspaper Wood (Alan) Steel Co. (see Alan Wood Steel) 37%c 8 '- 4 8A29 8*15 2 9-10 8-15 9-10 v 9-10-^ 8-15 -9- — Machinery Corp.__—_—— . 9-15 40c 4%%. pfd. (quar.)_____^ 8-15 9-^1" (quar.)-__ t$1.12% 1 15c Wilson Line, 5% ' 1st preferred (s-au—— $2.50 Winn & Lovett.Grocery Co. (increased quar.) -30c Weston 7 10j-10 7-21 8-.. 1 Z . 10c . , 10-20 18-/1 35c 'y Corp.-r-. 9 8- 4, 8-30 9-10 65c (quar.).-_ (Northam). 5 9- 7-15 50c 50c 1 ________ ___x preferred 8 8- 9-30 *■. 100%. (quar.)— Corp. 7% divid.)— 8- 8-20 t20c (stock 8-15 1 9-10 $1,75 ______________— (quar.) Oil 8- 9- 75c — 1 8-15 20c 56V4C New common (initial) Universal Products Co., Inc. , (quar.)—— com. (quar.)__ preferred Westeet ; 9-20 •• 8r 5 9-15 : ; Western Air Lines Inci__j._—'__r——._Z. 7 8- 8, v 8 $1 (quar.) J 9-10 9- 8-15 Snowdrift, $4 pfd. West Point Mfg; Co. (quar.) 5 ' - $1.75 9-20 2 7 Wesson- Oil & 8 8-22 ' 5c 9- 31'/4C (quar.) - 1. : 7-8-15 S. 5% 9- _ 7.9-15 ■ 9-30 $J; convertible preferred (quar.)—': 7__ •, r; 75c 7> Warren (Si D.) Co., common" (quar.)— _ 7 25c *•' $4.50 preferred (quar,) 7" $T.12 ' 10- 1: yy97l5'Z 50c ' ,75'c ' $1 (quar.) Gear . ' , preferred- (quar.) z Z $1.50 (quar.) $1.12%;. ^ Extra ' Perfect 8-15 8- 8c (quar.).- 9- 5% preferred Warren : 8-14 9-10 Walker,: Mfg.,'Co,,. (Wise) com. (quar:)Z_Z30c $3: preferred (quar.)75c 8-20 - 8-14 50c Corp., Coal Co. 8-15 ' 34%c Vulcan 7 .. ' Z_____i;, Z com. 1 (quar.)_ / Vanadium-Alloys Steel Co. 8-22.; 9-19 7-8-30 25c vy (quar.) Pepperell Mfg. Co. 8-15 ib-.i , J 50c y 10(quar.)?—; $1.25 : 10- preferred 4'%% ,8-15 9-12 & - Drug Stores (quar.)___________.___Z Peoples Telephone Corp., common (quar.)__ Co.— 50c - ■■ (accum )L_y___. Water preferred $4.50 Peoples . (accura.) 1 9- 2 Vulcan •; Industries, Inc.—• preferred 9- (quar.) Illuminating United 7-30 9" 5 -V ! participating qjreference Pennsylvania 7-15' 37;y2c (quar.)_____________^'; Inc.-.-. 9-10 25c —_— Mfg. Co.__._-: Spring 7% 3. 8-15. , - 25c (quar.)__________r,_____:_t_t, Electric; Co, Parkview Drugs, 25c 62'Ac " > (quar.)_^ 2 Mfg. science "Universal 9- 2 .7 8- 8 S. 4%% ,8-15. - 9-24 .. Corp.— 9-10 9- non-cumulative -5% United 8-; 8 - *77 7-30 7 -Z 20c .1 'Ki (increased.) preferred 8-15 7-18 v 8-15 ; quar.) 8-20 income.) 8-15 ( 9-10 J 7 50c Insurance—~ (initial 9- $1 30c $1.25 (quar.)__, 8-15 2 9- ;■* Consolidated Corp, f 9- _______ (quar.): 2 9- Corp. Co. United1 Grain ■ _______ Co. preferred 8-25 9- » 8-21' 9-10 , 90c $1.10 ' — Tin Pantex (quar.) common 9-10 20c 37%c (quar.) 9-15 25c (new UnitedTunds, 9-1 8- Co common, 9-15 z. B Fire New 30c __ Products preferred Co., $5 Finance Pacific 8 California— Co. 9-10 35c 20c _____________ 40c 25c com, preferred $3.79?preferred 8 20c (quar.) — 26%c Products Union^Fank 8-15 8- (quar.) (quar.)___ Glass Brush $1.75 —— (quar.)_ Hartford Electric Light, 3.90% Fibre $1.05 (quar.)__—i_ (quar.) Haverty Furniture Co. Glass 2 — Extra — Refractories Power preferred Pacific 8-29 15C (quar.) preferred (quar.) HazelrAtlas (quar.) Co. preferred Oxford'Paper, Common 6% Pottery Owens-Illinois, 9-12 Ox (quar.)_ (quar.)_ Harbison-Wialker 5 $100 $0,833 (quar.) (quar.)_ Co. Insurance 8- (quar.) Glass Gil 4 „ (quar.) Life Tail Otter 50c issue Gypsum Lime & Alabaster———— Hagerstown Gas Co.. (quar.)__________ZZ__ Hajoca Corp. (qnar.)___. A Onondaga 56'Ac — on Gulf States Utilities Co., com. $4.20 preferred fquar.)— Class Co. State 25c — of Pharmacal Mfg. . 8-15 2 5V4% Co.— Co, 8- 9- 22%c 4 8 9-15 30c (quar.)___________ Co., preferred Union 9-8 60c _____ 9-15 — $2.80%preferred (quar.) Tun°:-SteFElectric, Inc., common (quar.) 5% conv. preferred (initial quar.)__l 8-29- 7-20 Z_ (H. Hancock Oil 8-29 7 8- $1.25 — Manufacturing Co. preferred j. 9-20 (Northam), common 8-11 iquar.jZ'^Z—---- of New Jersey Pearson, Truax-Traer 9-20; 1 Great Atlantic & Pacific Tea Co: "of Amer.— $4,50 preferred Warren Service, 9- 10- $1.25 preferred A., (initial Titan-Metal 34%c ; ; Warrea Corp—See Northern Liberties Gas (s-a) 1 — (quar.) Gossard $4.40 7-29 8-20" f, 37%c (quar.) preferred Public 7-28 , 10-17 10- 25c New„common (initial). Tip T6f>' Tailors, Ltd Corp.— Northam 3 9 10-17 1 pfd. -(quar.)___ Tide Water Associated Oil*— - Gorham 7%; preferred preferred 5%% 1 8- 9-10 8- ; Aug. share plus this dividend) Common 6% 5 Investment 8- 75c 11- class A Shovel 4% 8-29 11- $1.13 — (quar.)____ Spring Transit Thompson 8-20 40c : Thew 8-29 9-10 50c (quar.)___ Taylor 9-12 5 $1.25 (quar.) com. Inc., of Co. Inc, 8-» $1 — Inc., 2 8-15 * Co. Ray Drug 2 8-20 60c , Thatcher 8-29 9-15 9- 9- 5c (quar.)^ Oil 8-14 20c (quar.) Co. 1 9-16 50c Taylmu $c Ferny common. {quar.)_____^_,m_ >4.32% conv. preferred (quar.)—— 4' 9- 9-15 8-15 85c preferred A preferred Steel 8-22 9-26 8-29 - (quar.)___. preferred Oil fl-lQ 25c (quar.)_„__ class A convertible 8-15 1 9-12 25c Strapping, Corp., 10- 12y2c (quar.)____—Z_ Tampax, 9-17 8- 40c (quar.) (quar.) Gas preferred 4.32% 9-17 9-15 40c $1.05 Storage Warehouse Light (quar.) American 25c redemption W.) 2 — ____—______ Gas Zinc 1 9- Co., common- preferred Inc. Paper 1 8-15 $3.50 (quar.)_ (quar.) common preferred: (s-a) Girdler Corp. (quar.). 4%% Jersey (quar.) (quar.) 10- ,10- 30c 8-15 .i— B Class B ^ _j Tampa Electric Co., 7-31 50c $1.12% , 6-13 2 8-39 $1.12% (quar.) class 4.40%t conv. 7-31 84 %c ____ 5% Glatfelter Britain New 8-15 50c 15% pfd. New 8-20 9- $1 10c __Z 7-31 9- 50c I Rubber Co., Bedford New (quar.) General Iron Works, 7% preferred (s-a) General Mills Inc., 3%% pfd. (quar.) Brothers, 5 8- 5c (quar.)__Z— common Co.,, common preferred 9-20 50c Corp. General 4.20% 28. „ Inc. National Tea 8-15 5 9- 10c (quar.)____—? Indemnity, (quar.) Corp., Talon, 8-20 8-15 8- 15c preferred Risks Syracuse 7-31' 11c Co.________ 13%c 37J/2c Supe^ir Tool & Die Co. (quar.)_____ Sutherland Paper Co., com. (quar.)_ 8-20' He <quar.)_____ common Fibre pfd. A 6"preferred , 8-15 '9-10 8c 9-15 (quar.) Forgings Sun 7-25 9-10 1 Co.llzz-L Extra 8-1 If 8-14 10- (quar.)_JuiiixJ___^__ (quar.) prior class Standard 8-11 9- 62.%c 25c 31V4C (quar.) Vulcanized preferred preferred Standard 8-11. _______ (final) Francisco Ry. Corp. (initial) Paper Co., common Extra 8-15; 7 9- 8-15 9-15 (quar.)___ Haynes, Inc. Products (quar.)_____ Louis-San 7-29 - 2 1 Steel Standard 8-15, 1 9- 10- $1.25 preferred (quar.)___ (Jacob), 4'/2% pfd. (quar.) Standard " 8-15 37'/2c $1.50 Southern Railway Co. 1 8-11 1 —— Co., preferred National 8 series Nekoosa-Edwards — (quar.) General Electric Co., Ltd.— Ordinary (final) / 8- 9- stock series— Supply 4%% 8 Neisner (quar.) Bottlers General & 5 25C $2.75, 5 div¬ common Corp.—,. Co.. A.) 8- 9- _ pfd. (quar.) Co General • 9- National at meeting held July Building Power Fruehauf Trailer :">t action no payment Street Frontier Balanced 1:50c Fort idend Preferred 8-15 .... Fort took 8-21 1:50c * (quar.)_ Directors 1 8-29 Canada, Ltd.— (quar.) B 9- 25c __ 8-14 2 $1.25 receipts Packing Co. 5y2%-- preferred 1 Quarterly Follansbee Steel Corp.. 2 9- convertible preferred A (quar.) Southern California Water Co., com. (quar.) 3 8- — 8-14 9- 60c (quar.) common 3 10- 27c convertible preferred Securities—stock series. 9-10 125c Aeronautical Co.. (quar.)._^j___ 4% 7-23 1 Ltd.— deposit Theaters, 4.25% 9 8- $1.12y2 class A (quar.) series A preferred B 9 9- a (quar.) common preferred & 9- 8-11 - (quar.) Sonotone Co.— common Co., on (quar.) com. Co., Ltd., Oil,. 3 9- : & prior action no preferred & 8 8-25 12'/2c declaration Manufacturing Co., Little 8- 7 took dividend conv. 30c (quar.)_^ Co.— again (quar.) pfd. Socony-Vacuum 3 10- $lr25 40c (quar.)_ (quar.)—____ Corp., 9 $2.50 (quar.)_—________________ Container 10- $1.19 —_—_ (Texas) Corp./5% common 5% 3 10- 25c (quar.) Corp.—_____ preferred National 2 1 3 9- 75c (quar.): preferred 5 25c —- National Alfalfa Dehydrating & Milling 8-29 9-19 $1 Firth 4 1 10- 8-15 — (quar.)— Co. (quar.)— 9-24 10- Signode Steel 8-20 9-12 (quar.)___ Morrison-Knudsen 25c Inc 25c $1.12%r Insurance Class I 95c 96V4C 97 %c (quar.) Corp. & Co.,. 4.%% 25c (quar.) Co., 5% 8-15 $1.55 $1.08% $l.ll1/4 Petroleum Life 2 Signal Oil & 8-15 40c Airlines Mutual - 35c 65c ___w — $1.75 Electric Mfg. pfd. Extra 25c (quar.) 9- (quar.) common Shenango Valley Water, 5% 8-22 8-28 ; (quar.) (quar.) common 9-10 30c $1.25 (quar.) $1.34 (quar.) 1 Serrick •••'..• (quar.)_— $1.06 'A (quar.) preferred 10- Selected 8-29 pay- (quar.) preferred 8-12 $1.25 5% 8-16 9-15 (quar.).;— 3.80% 3.90% 8-12 (quar.) Seiberling Rubber Co., 7 8- 8-15 1 Co., ,;.4%% 10-15 1 1 9- $4 7-25 8-20 9-19 9- Inc.— 50c Oil $3.40 8-29 1 Indiana, 8-12 Scott - 31. (quar.)___; Insurance Metropolitan Edison, 8-15 8- r of 1 Schering 7 : 8- 8 • 8-18 10- 45c Co. Sayre & Fisher Brick Z*8-Vr' 9-10 * 1 1 St, 8-20 ;vff-'4" 8-19 iquar.)_ dividend on Publishing Co. Fire V 1 Safway 7-22 " 9-10 1 Ryerson 1 <quar.)_ held July meeting 50c Y.)— 9- Insurance— & action no (N. 5 9- Ryan 8-15 9-15 8-3Q .8-12 9- Ru'ppert 9-17 9-15 8-12 1 27c Roxy 2 1 8- (quar.) 8-15 9- $1.10 ,_/■ (quar.) Farrel-Birmingham : 1 9- Co.— (quar.)_ Trust & 9- $1.16 American '7-22 (quar.) Massachusetts 9-15 preferred 8-15 45c 87'/2c Rosefield 9-12 9-15 ,9-12 ~8- 20c (quar.) 50c Rolls-Royce, • . 10- 8-15 8-15 2 9- (quar.) ,5% 11-14 1 8- 8- - 9-2 37y2c 7 8- (initial) 5% 11-14 8-15 "7-31 8-18 * 25c (quar.) (quar.) Rockwood 8-29 r 1 10- 25c 15c 62%c,* 62'/2C 25c (quar.)_____ Ltd. Co. 2 8-15 $1 Co Bank preferred .4%% 25c Co. Mfg. 8 9- 20c Washington Insurance Service Robinson 2 $1.75 ■_ (quar.) Paper, 8- $1.37 V2 (quar.)_ 2 5% 7-30 1 Co. Corp. 1 (quar.) (quar.)— & Consolidated 25c preferred preferred Gas 5 8- 10- Electrolux River 8- Coke Reynolds Spring % 3c 8-15 8 9- (quar.) America National Resistoflex 8- Ltd 8-25 8 8- $1.25 5 preferred 7-31 8-15 $1 _____- (quar.) common Woodworking Co. 8-25 8- _ (quar.) Inc., preferred (quar.) (quar.) Macassa Mines, & 8- preferred . 62%c 25c 30c (quar.) preferred 17%C . 4.10% 2nd preferred Ferries, " _l__ (quar.) preferred 1 9-2 45c Republic 8-11 4 15c 20c common Products, Metal 5% 8- 7%C (quar.) preferred 5.50% Federal 8- 25c Co. $4.25 convertible 2nd Extra 8-25 8-15 B Gas, preferred 2 8- 4 convertible Emerson Lyon 8-15 . Natural Electric Lukens Steel 8- 25c (quar.) ' 5.36% 8- 8-25 10c Associates Manufacturing Extra 9- 10c 30c _— — preferred 2nd 10c A 9-15 25c 40c 95c $1.12V2 25c I3%c 10c (quar.) 15c ___ (quar.)— (quar.)— common Durham $4.40 8-25 8-25 13c equipment preferred 1 75c non-cum. 8- 10-15 10- 2% Remington Rand, Inc., common (quar.) $4.50 preferred <quar.)__. 9-15 10- 7-30 ; 8c ; 4.25% 7% 2 dividend)- preferred ' lquar.)___ Ray-O-Vac Co. (quar.) 9-18 9- Inc. 8- 9c ___ Dumont Electric (quar.) common, (quar.) Hotel, B 8-15 2 9- ________ preferred convertible Pure 8-29 l' 8-15 (quar.) Baltimore 14c fund — Company, 1 9-26 10- 9-10 Extra 12c _ utility Paso Lord 8-11 9- 50c (quar.)_ & of Directors T Loblaw, 88- 8-25 Co. 22c — Tobacco Eaton 8- 8-25 14c — Steel 10- 20c (quar.) Inc. Corporation 8-25 5C 5 , Oil Eastern Wells Inc. Co., Extra Lionel 9c , Metals Eastern 8- 15c ; stock Machinery Merchandising' coast 8- 8-25 Bryant, Lane 8- 8-25 10c Government bonds 8-25 14c _ Lane 8- , 35c; — Industries, preferred $2.50 8- —1 (quar.) Sessions 2 9- $75c 4.32% 9-18 75c 12c & $2 9-15 $1.20 Kuhlman France Gas 8-11 $1 Co class Co. Providence 8-14 — .— Co. Co. class A Public 8-13 8-25 82 %c$1.10 15ct Electric, 5%% pfd, (quar.)—___w Kysor Heater Co. (quar.)—__——__ Food Drackett s-a) 8- supply Railroad (initial Ltd (stock common Fuel Co., 2 4.64% 2 9-30 15c Tool & Rbeem 8- — 9- 1 ; Vegetable Parchment Co. (quar.) & Light,^com. (quar.)__ preferred (quar.) preferred (quar.) / 4V2% 8-18 1 —— 8-25 Keller Tool $1.50 (Greens¬ Insurance Life 8-25 sh. Poor 9-15 25c City Power 3.80% Plomb Pocahontas 8-11 1 9- common..^ i5c __________ Railroad Standard common Kansas 5 per Electrical Public Corp., Kalamazoo 15c fund— 10- 10- _ 10c stock stock Pacific Bakeries x ______ 5 • 9- (quar.) Steel, Common Co Silver boro, sh. 8- 11-15 11-15 Pqblic Power New 8-15 11-29 8-11 (quar.) common preferred class A (quar.)— 5Vz%- prior preference 1st series 11-29 2 98%c Electrotypers, 5% 8-18 ______ 7-28 8-25 8-11 2 9- 91'Ac (quar.) & Inc., preferred Pittsburgh 8-15 3.30% 6 18c 8-15 9-10 10c $1 N. C.) (quar.) ! Jersey Insurance Co. of New York— fund 2 $4 3'/2% Jefferson 8- 9- 75c J20c 9-30 8-25 8-15 9 (quar.) Rubber (special)— 8-15 1 2 2 Ltd. 9-10 8- 9- 8-25 preferred Pillsbury Mills, 2 9- 25c (quar.)_ com. (quar.) Photo Engravers 9- (quar.)__ 2 7%c r— Aviation Insurance Co. Baking, 9-30 $1.25 (quar.) 8-11 8-15 21 to 10-24 8- 2 2 8-30 preferred $3.95 9- 9- to vote declare a Aug. on proposal f2c 8-20 $3.65 9- 9-30 Quarterly 9-10 35c 8-11 Corp.— 9-30 9- 8-21 2 9-15 preferred (quar.)— & Light Co., com, (quar.)______ preferred (quar.) i 4.40% preferred (quar.) Iron Fireman Mfg. Co _______ Iowa 9-10 9-10 25C 4 9- 9- Extra J Chemical Steel City Interstate 8-15 9-30 9- 8-15 9-30 25c 65c . Philadelphia Suburban Water, 10c —- Automobile Fall International 5 9-30 „ - 7% 8- $1.07 Other series ' 8-15 2 8-15 split. Intercontinental per Diversified 6% 8-15 9- 2 9-10 37y2c (quar.) (quar.) Extra x $1.14 stock common Agricultural El 9- Inc.— investment 4% Inter 2 9- preferred Portland $4.80 (quar.) Diversified Building Inland 5 $1 Series Diversified Bank 5 9- , (quar.)— Coal, 9- 92 %C (quar.) Funds, 1 9-26 37 %c (quar.) preferred 5 $1 Potash meet director's a two-for-one 35c Mines, Ltd Supply Co. (N. Y.) (quar.) Gas & Electric (quar.) Diamond 9- 8-15 Holder» When Payable of Ree. Share Phelps Dodge Corp. (quar.) Philadelphia Electric Co., common 8-15 2 Shares Co. Acceptance 15c Dentist's Derby 1 10- (quar.) class A Light Co.— preferred 4.56% Delnite 10- 1 9- 13%% 15c Door preferred preferred 4.28% $1.75 (quar.) _ additional (three Limestone on 8-19 75c preferred $7 (quar.) Per Name 0/ Company 8-15 ordinary— Stockholders will (quar.)__, (quar.) Ordinary 1 25. 9-15 (quar.) Refining Co. dividend Industrial Stores— Co., Power 3.70% 4% July on "B" — 1 9- for each five shares held).— 8-20 10- stock common & (quar.) Foods, Inc., 5% pref. A preference A (quar.) Indiana 50C Co., Metallic Delaware 8-30 10-15 Corp Dahlstrom Davis on Oil Stock Inc.— meeting held preferred Wright & $1.50 1614c preferred non-cum. "A" preferred Ireland, (quar.) Publishing prior Curtiss 8-12 8-20 Industries— (quar.) Co., taken was declaration at $2 5% Co. Seal & 8-27 9-30 (initial) common preferred (quar.)______-_____—_____ Hupp Corp. (resumed) ,—____________ Huron & Erie Mortgage Corp. (quar.)__— Imperial Tobacco Co. of Great Britain & 9-15 Quarterly new 5% 9-15 $1 (quar.) 15C Consolidated Hunt 10-10 10- 5% (quar.)_ "C" 11- 35c Co., preferred Humble Light and Power common "B" common— $1.25 (quar.) Electric, Gas, Baltimore, Y.), _ Stores Corp., common tquar.)_ preferred (quar.)—-— Pulp & Paper Corp., class A (quar.) 9 9- 8c — 8-29 9- 7-31 25c (quar.) (quar.) (quar.) Manufacturing Co. Holophane 15c . Elevator Inc. Company 9- 30c 50c 20c 40c 25c 37%c $1.06y4 31 %c 31'Ac 32c 57c 12%c 12%c 12%c 10c d$1.50 (quar.) Corp., com. pref. (quar.) conv. (Charles E.) Hobart s America— of . Colorado * Hotels Monday, August 4, 1952 Holder» Payable 0/ ficc. Share Name of Company Hilton & Pittsburgh RR.— regular guaranteed stock (quar.) special guaranteed stock (quar.) Coast Breweries, Ltd. (quar.) When Per Holder* Per Share Name oj Company ... - - 8-15 8- 1 8-22 8-28 Volume 176 Number 5139 .The Commercial and Financial Chronicle . 49 (46.1) Per Name of Woodward Wrisley Company (A. B.) Co., York Corp-, AVaj/i (quar.) 4% 1st Co. Co. pfd. (quar.) 9- $1 "8- __ $1 (quar.) (quar.) 5 ' Pe» 8-20 10c _* 17-21 Warner, Below we 3'A% preferred 7-21 Boston Boston Real 8-15 Boston Woven 8-30 10- 1 9-12 10- 1 9-12 Fund, (quar.)__ Hose & Co. give the dividends announced in $2.75 preferred (quar.) Cordage Co., Ltd., class A (quar.) Roofing, class A (quar.) Broadway-Hale Stores, Inc. (quar.) Per Share Acadia-Atlantic Sugar Refineries, $1.20 class $12'Ac com. $30c ____ (quar.) $$1.25 Agnew-Surpass Shoe Stores, Ltd. Air Reduction Co,, Inc.,' common 4.50% preferred Aircrait Akron, 5% Kauio u preferred (quar.) $15c 35c (quar.) (quar.) $1.12'A 1 Corp..' Canton 10c j-a) 82.50 preferred (quar.) Alloy- Cast Steel $3.75 of common 6% pfd. (quar. American Car Stock new & on 1 8- 9- 8 1 common Foundry 9- 1 1 9- 10- 1 9- • 350 Aug. 28) "><f 75c 9-25 9- 10- 75c 1-15-53 1- 4-15-53 4- $1.75 $1.75 . American 4-1-53 (quar.) 50c 9-15 Inc. Export'Lilies, Hoist (quar.) 37'Ac Products American Insurance Semi-annual (monthly). (Newark, N. Co. 9-12 8- preferred American 7% Paper 15c 50c 2 9- 0 »-» 1 Potash Class B $1.12% class for share 9- 1 .4% 9- Common 12-15 12- 9-15 Steel V Power Common 9-15 8-30 9-15 8-30 $1 ">5 30c Quarterly Class A 8-15 8- 8- 9-15 75C P Argo 9-26 11- 1 9-25 $15c Aro (final) 10- 7 Gold .Automatic 4'A% (quar.) Ltd..., Co. of Oil 8- 5 1 8- 5 8- 8 of Co. Corp. 40C 9- 2 8- 8 $1.31 'A 9- 2 8- 8 8- 8 $1.50 9- 2 9- 2 Canada, 9-12 9- 2 2 25c & 8- 12Vic 8-20 Howell Co., Belmont Best Quebec Iron Mines, Works Blackstone Valley 8- 9- 2 5 10- 1 1 Blue 12Vic Bell, Inc. Ridge Tobacco, 8 9- 3 & Mahoning Co. & Aikman A Carbon Co. Ltd. Consolidated Laundries Natural Paper 3-1-53 . 8-15 9- 1 8-15 Consumers Gas 1 8-15 Consumers Glass Consumers Power 9-15 1 7-18 7-25 15c 9-10 8-15 8-25 Electric— common (quar.) 25c 62Vic (quar.) „ 20c 75c 15c 15c Fund, 10- 1 8-15 10- 1 8-15 9- 1 11-30.. 8- 1 9-25 9-12 8-22 11-20 income 11c 8-15, 2 9- 7-24 7-23 Ltd. 87 Vic 9c Co., Co., 9-30 Farmers 8-30. Ferro 9-15 Fire 7-19 First 9-20 First 20c 8-15 $5 10-10 $1.06'A 8-15 8- 9-10 8-15 50c Co. (quar.) Co., 5% — pfd. (quar.) 8-15 8- 1 C 12-15 12- 3 8-15 8- 8 8 70c 15c $1.25 32 Vfee (quar.) 8-15 8- 9-18 8-28 9- 1 8-15 9- 1 8 8- 8-29 7-11 8-29 7-11 50c Corp., 5% 9- 1 7-11 12V'2c 8- 8 7-25 $1.25 9- 2 8-13 $1.25 common 12- 1 11-13 8-30 8-15 15 '/2C $1.12% (quar.) (quar.) 9- 2 8-15 25c 10- 1 9-19 30C preferred & Co. 9- 10c __— 4'/2% pfd. (quar.) Life Insurance (Syra¬ Traders — Mfg., Enterprises, Inc., $0.1856 $2.50 2 8 8- 9-11 8-27 1 9-11 10- 10- 1 9-15 Corp. Florida Power preferred convertible 8- 8 7-31 4.90% pfd. 8-18 8-15 10- 8-11 1 9-19 9-10 8-29 o-95 9- 8 $1.12'A 9- 1 8-15 10- 1 8-29 30c preferred (quar.)_ 9-10 8-20 preferred Fair Stores, Inc. 8-29 7-11 1-2-53 11-14 $1 8-15 8- 1 $1.15 (quar.) 8-15 8- 1 $1.22'A 8-15 8- 1 $1.22% preferred (quar,).. 8-15 8- 1 Motor (stock dividend) 9- 2 10- 1 9- 5 Foundation 10- 1 9-20 4'/2% $5 Investment 3% (s-a)_ 2 'A % 8-27 7-16 8- 7- 2 7 12'Ac 8-15 8- 1 $2.50 8-15 8- 8 Co.— preferred non-cum. Franklin 8-15 8-15 17'Ac 20c 9- 2 8-15 ' 1 65c (quar.) (quar.) Co., Ltd.— pref. (Amer. deposit receipts) Foster & Kleiser Co. (quar.) 9-15 1 9- 50C (quar.) Ford 9-10 12-10 9- $1 4% Corp., 4.90% 8-28 22'Ac 60c (s-a) 4.60% 9-15 4'/2% Rubber, Philadelphia Stock Corp. (quar.) Corp., common York 62'Ac 40c of preferred 8-15 $$1. (quar.) Tire & Bank (s-a) 68c 31'Ac, (quar.)_ common preferred 8-11 12-15 25c (s-a) Custodian Funds bond — series 9c 8-15 8- 1 8-15 8- 1 56'Ac 9- 2 8-15 50c 9- 2 8-15 8-15 7-15 9- 8-20 Franklin Simon. 40c 8-29 8-15 8-3J Freeport Sulphur Co. (quar.) Gair (Robert) C., common (quar.) 30c 9-10 8-20 8-2P Gair Co. $$1 9- 8-13 7-31 Gair (Robert) 2, 50c 9-15 25c. 9-13 $37.Vic 8-29 . Income series of 5c Inc., 4V2% pfd. Canada, Ltd., 4% Co., 8- 4 10- 1 9- 5 10- 1 9- 5 Gamewell Co. 50c (quar.) 8-20 8- 5 Gar 8-20 9-15 8-25 8-20 1 8% coittrroh (quar.)/. 9- 1 Gardner 2 9-12 25c 8-30 8-11 9- —— A 1 75c 8-30 a-u (quar.)— $15c 9- 2 8-15 (quar.) 30c 9-10 8-2$ (quar.) 30c 12-10 ll-2» 25c 8-15 8- 56'Ac 8-15 00 (quar.) preferred Denver (accum.) Co., common General Acceptance Corp., $1 $1.50 7-16 20c (quar.) Wood General 31'Ac (quar.) preferred 4 V2 % , Industries, Inc.— preferred 8 9-15 9-15 Co. preferred Industries, Inc.— '9-1 50c 50c (quar.) (quar.) Inc.— $1.13 (quar.) common class 30c 15c $1 60c — (quar.) Co.— 8-25 1 Ltd., 8-29 30c common (quar.)__ Steel & 1 10- preference Co. 8-25 10- Co., 9-12 8-29 9-12 22'/a 9- 933Ac prior (initial) 9-30 9-20 $3 common Association $2 1 $1.06'A $3 9- 5 8c N. Firestone y8-15 9-30 1 Cooksville $50c (quar.) Federal Fire Insurance (Canada) Federal Insurance Co. (quar.) Fedcral-Mcgul Corp. (quar.) 8-11 1 Varnish, $1.25 Y.), (quar;)_—— 5'/2% preferred (quar.)___ Quigan Ccrp.— preferred series A (quar.)... 5% 8-19 (quar.) & Corp., $1.12 Vi Fibre 7-15 8-11 8- 65c & cuse, 9-16 2 9- (quar.) Paint (accum.)—... Brewing Corp., $1.25 preferred Diamond Gas (The) Federal preferred preferred 7-15 1 8-29 — A preferred I $3.75 5% 8-15 10c —___— Corp., 7-28 J. 8-15 $4.25 Continental (Md.) Rubber Inc., y9-15 62Vic —_— Continental Copper & Steel 11-20 50c common common 8-20 1 $25c 10c (quar.) Can & Morse 31'Ac , Pa.),_ (quar.) (quar.)— Corp. of America, preferred Continental Cook 10% Co.. preferred (quar,) preferred, (quar.) Container 4% Inc.— dividend $4.50 ZA *2 9-15 8-01 9-30* , (Reading. 1 12- 10% vtc. Ave. Hose Railroad Fair 7-31 8- 37 Vic (quar.) (quar.) Co. Ltd common Food fquar.) 9- 8-15 $1.06% Corp. Gas Co. 7-31 9- 31'Ac preferred Falstaff — Vultee, Aircraft. Consumers Co. I 8- 8-15 9- 50c $25c Consolidated f5c $30c $25c $$3.75 Consolidated 9-17 31'Ac Trust, Ltd. Corp., Ltd. (quar.) Co. (increased). Seventh ' 22Vic Congoleum-Nairn, Inc. (quar.) Connecticut Light & Power (quar.) Connohio, Inc., 40c preferred (quar.) 8-20 1 8-15 Fedders $$3.75 Consolidated preferred (quar.) Investment Paper 7-31 $20c (quar.) 9-10 10- $30c 9- 5 8-15 . (increased) (quar.) 7-25 25c (quar.) $1.12'A pfd. 8-21 $20c * (quar.) (quar.)_ 8-25 Sugar Associates— preferred Farrington > Power 2 8-25 9-10 1 8-2.5 40c Interstate 9- 9-10 1 5 9- 9-15 20c 10- Fairbanks 7-18 1 2 10- Eversharp, Corp.— common Central 1 8-15 8-15 10- 9- 40c common 5% preferred series A (quar.) 5% preferred series A (quar.) Erlanger Mills Corp., common (quar.) 4'/2% prior preferred (quar.) 12-20 1„ " 9-15 $1.50 9-10 Corp Acceptance 9- (quar.) com. 40c $1.75 Erie 4 8- 5 8- 9-19 (accum.) 62'Ac Quarterly Quarterly _ common $1.12Va National Co., Ltd Confederation Life Assn. (Toronto) 8-11 50c 65c common pref. 1 2 1-2-53 2 9-19 1 71 %c — dividend Erie Forge 8-rl8 8-25 15c (quar.) 1 9- 8- 9- $1.50 (s-a) Conduits 5 50c (quar.) Mutual Ry. preferred. (quar.)____ Chemical 9- 12y2c. 8-20 10c 10- (accum.) Class 8-15 50c 50c ' (quar.) (quar.) Equity 25c Co Inc., (quar.) Ltd., 4.80% Equitable 1 , . 1 8-15 93%c A., Inc., 10- 35c (quar.) 8-11 1 (quar.) Manufacturing 75c $1.75 (quar.) S. 8-11 8- 1 7-30 9-15 8- 8-18 10- 8-20 1 8-20 9-15 llrv 1 8-15 1, 8-20 8rl5 1 Empire District Electric 18c $12y2C 7-31 1 9- 9- 7-15 3% : 12- 30c (quar.) ordinary Stock 9- $1 (increased s-a) com. $62 VaC 8-23 "B" $2 (quar.).; 15c $1.06'A Quarterly From 11-14 Co. 8-15 $40c $ 30c Elgin National Watch 8-18 1 Columbian 8-30 common (quar.) .(Philadelphia), preferred (quar.) Brothers 6%. preferred Blue 9 Columbia Pictures Corp., $4.25 pfd. 8-30 110- Ltd... Blauner's 5%, 9- . — Extra 8 12- 9-17 2 9- $*L25 a (quar.)__.__ 1 10- 9-30 Corp.— "A" 4 V2 % 9 8- $1.25 Gas. Co. (quar.) Gas System, Inc. (quar.) Columbia Mutual Life Insurance (s-a)__ 7-25 $15c 8- 8-28 8-15 9-19 Industries, Electric 3 $1 25 Colorado 8-15 8- 8-20 8-15 8-29 preferred 370 2 9- 7-15 25c preferred Eddy 9-12 9- 9- Columbia 9-10 2 9-30 1 1 8- 1 Co., 5% Economic 9-15 9-15 9-15 8- 10- Sullivan Mines, $5 9-12 10-15 8-15 9-20 8-15 $6 5 9- Commoil, $17'Ac (quar.)^_ 50c $1 Community Public Service Co. (quar.) Gas & preferred 25c , Co., com. 8-30 (quar.) Company (quar.)..: Birtman Electric. Co Bloch Electric 8-11 20c (quar.)_ 25c 8-30 20c $25c preferred Eastern 9-15 8- 9-30 15c _ & 8-21 9-22 1 8-15 8-15 $7 : 9-15 $1 Class 1 9- 10- 9-12 9-10; 8-30 31'Ac (quar.) Eastern States Corp. 7-31 1 50c Colorado 8-25 175c 8-15 10- 9-30 $1.25 preferred (quar.) Collins 7-24 8- 7-3jL 7-15 25c . preferred Eastern 1 9-25 $37y2c U. Freres, Ecuadorian (quar.) (quar.) Co. (quar.) Gas 9-15 & 4'A % 1 8-30 30c (quar.)_, Farm Equipment (quar.)_ Colgate-Palmolive-Peet Co., com. (quar.) $3.50 preferred (quar.) 5 $1.18% common 50c (quar.) 5c (quar.)—... preferred Belleterre Co. $62'Ac (mommy) 15c Co. - 9-12 62'/2c - : Gossert 4'A% Oil 15c Common $1.19 Cockshutt 9-12 8- 25c : Common Bell 9-26 8-15 25c 50c $1.20 8-15 16c (quar.) Belknap Hardware & Mfg. Co., & Cotton Cochrane-Dunlop Hardware, Ltd., class A 8-15 9- East 8- 10-23 Ltd. Ltd., Stock (quar.)_ $4.50 8-11 2 22'Ac (quar.) 8-15 $1 Clearing Machine Corp. (quar.) Electric Illuminating Co., 7-28 9- 5% 7-18 2 $1.04 (quar.) Co. Colonial (quar.) Corp. (quar.) Belding Corticehi, Ltd., common 7% preferred (quar.).... Belding Heminway Co 9 9- 20c tiu — Cleveland 8-15 8-11 14c Ltd. 8- Ltd. Bradstreet; Duriron 7-18 Corp.— ______ Clearfield 8-15 $1.25 Aircraft Bell 9-12 11-14 9 $1.25 (quar.) Service Clarostat 7-25 31V4C ... 5c preferred pfd. ... Public (quar.) Copper Clorex $1.25 (quar.) (Calif.) Vermont 8- St 4'A% 8-22 (quar.)— preferred Dupuls Corp.— 50c preferred (s-a) City Auto Stamping Co. 7-28 25c Corp. quarterly 11-29 $1.05 5% . 9-15 BathUrst Power & Paoer, Ltd., class A (quar.) Beck; (A. S.) Shoe Corp.— 4%% West Citizens Utilities Co., Stock dividend 5 1 Monthly Beecn Co., & Cities Service 8-15 8- 1 America— preferred Bankers-Commercial Basin 9-15 9- $1.25 Corp.. Andes, American shares (Joseph) & Sons (quar.) Barber-Ellis 5 9-30 (quar.) Steel 8- 2 9- Los Bancroft 8-31 9- 9- Colliers de Barium Foundry South 75c Milling Machine, common. preferred (quar.) Cincinnati, New Orleans & Texas Pacific Ry. 5% preferred (quar.) 5%, preferred (quar.) Corp.— convertible Ayrshire Banco 9-26 20c preferred Mines, $25c (quar.) common (quar.) Dun 2 10c — (quar.) preferred 5%% 8-22 9- 25c (quar.).. Aircraft Co., Inc. (quar.) Drug Co., 7% preferred (quar.) 3%% 8-15 8-13 Cincinnati 6-26 15c Corp.' Canteen Common 1 7-31 8 2 13c Corporation, common 4% pref, 1 quar.) Dresser Industries, Inc., common 11-14 'hlckasha 8-8 59c (quar.) (increased quar.) Coast Line Co. of Conn Coast Line RR. Co. (quar.) conv. Aunor 9-2 27 'Ac preferred Common Plywood 9- 7-18 8- 9- 40C Dravo 9-30 8-15 15% Douglas Dow 8-15 10-15 8-30 Chiksan 20c Dry Goods, common (quar.) preferred (quar.) , 6% preferred (quar.). Atchison, Topeka & Santa Fe Ry.— $1.25 1 11-29 (quar.) preferred Stores, Drewry's, (quar.) (quar.) B Cincinnati 20c (quar.) 5'A% Atlantic $1.12 Vi (quar) 9- $25c B 9-1A 8- 7 25c Associated Atlas pfd. preferred series A (quar.) Chicago & Southern Airlines, Inc. 2 25% preferred Atlantic 50c _— 4% (quar.) (quar.).. Equipment 7-25 IQt" $12Vic A 8-26 Development Co., Ltd.— (quar.) $2.36 preferred (quar.) Arkansas Natural Gas, 6% 8 8-16 Common Ltd.— common 8- 11-1 7-18 25c Donohue- Bros., 7-25 8-30 4% quar.) Service, 8 $12Vio Chile Inc. Corp. Public $1.10 8- 11- 5 8-15 Shares— shares & Anglo Investment preferred (quar.) Common Chicago Rock Island & Pacific RR.— 8-14 10- $15c Oil Arizona 35c Trust 11-15 $1 tquar.i $1 preference v Ltd.— Interim Anheuser-Busch, (quar.) preferred (quar.)—— preferred (quar.) Chesapeake Corp. of Virginia lquar.)__, Chicago Mill & Lumber Co. (quar.) 8-25 $1.25 ._ Amer. deposit receipts for ordinary Anglo-Newfoundland 7-25 8- 5 8-14 1 25c .' — Dominion 9-18 8-15. (quar.) Common 5 8-29 150c Co., *1 5% : Oil (quar.) 4.15% Smelting— (quar.) (increased $40c 4.75% Anglo-Canadian Telephone Co.— Anglo-Iranian 10-15 A Central Q-1P 75c Mining (quar.) Pulp & Paper Mills, Anglo-Canadian $12ViC $$1.25 (quar.)— (quar.) Central 7-31 Q-20 75c (quar.) Copper * pfd. Ltd.— $40c common preferred Central 25C prefer:ed 5% 8-15 75c Bridge Co., Ltd. (quar.) Dominion-Scottish Investments, Ltd.—f 5% preferred (quar.) 9-27, 9- 25c Dominion : 10-15 12-lt 25c cquar.) Dominion 5% 8-11 8-11 12-19 50c com. (final) Houses, Inc. 99- 75c Monthly ■ 7-14 8-15 Co.' Extra * , (quar.) prior Anaconda Corp., 4.20% Co. • & $25c, Cup 8-11 9-10 50C (quar.) Ltd. 9- 1 Co, interest Co., 8-15 50C & Cox Fund, common Dodge Mfg. Corp. (quar;) Domestic Finance, 5% preferred (quar.) Dominguez Oil Fields tmonthly).__ 8-15 $$1.12 Va preferred (quar.) Dodge Co.— preferred Caterpillar Tractor Co., 8-30 8-21 Foundries Lead 2 1st Yard Investment 8-18 9- $2 (quar.) S.) Clay Mfg. (quar.) Corp., common preferred 9- 30c (quar.) common (W. 10- 30c (quar.) (quar.) (quar.) Dobbs 8-15 9- common Increased Lines, Ltd.— preferred (quar.) Zinc, 9- 2 75c 35c stock preferred Dixie 9-10 1$,1.25 (initial) 25c Giorgio Fruit, class A Beneficial 2 $$1.25 common (quar:). common Distillers II-tf. 1 10- new (quar.) 8-15 8- 12-12, 9- I 7-28 Mfg. Co., common A Diocesan Paper, Co.— Class — held (quar. i American American B Class . 1 $1 dividend) Water Ltd., 1 8r22 . 1 9-15 12- 6 debenture 4% , (qu&r.)i£ Lumber $30c , Carson, Pirie, Scott & Co., 4'A% Catelli Food Products, Ltd.— 8-21 9-15 50C (quar.) Pulley Co. (quar.)_____ Sme.ting & Refining Co.— American Western convertible Carrier Presioent 5%; non-cum. American $5 2 50c Washington each American A (quar.) share * 9-12 $1.75 Chemical, $85o _L___ ; 9- $20c . 8- 1 9-26 Lines Class B 8-15. t$1.25 (s-a) 9-11 8-15 10- 8-25 Co., Air Dickey 7-29 9,.- 1 1.12% 12-26 preferred 9 8-15 9-17 9-29 50c Dictaphone 7-29 t$1.25 (quar.)_ (quar.) Dock, preferred Class $4 preferred "A" (quar.) American Power & Light (stock One 1st Class 8-14 $1.75 (quar.) & & 2 $15c Foundry, (quar.) Carpenter 1 9- St 8- 8-15 9-30 60c 5% 8-20 9- $10c (quar.) 9-20 $25c Class (quar.) (quar.) preferred Amert t32Vi.c . (quar.) , Gooas— preferred 7% (quar.) Co., Ltd 8-29 1 25c 5% 7-31 8 8-13 87'Ac (quar.) (quar.) Union Stock 8-19 " J.)- American-LaFrance-Foamite Corp. 4 'A % Dredge Quarterly Utilities, 8-25 8-15 9-10 7-31. 9- 7-15 9- $2 (quar.) Detroit-Michigan Stove Di 50c Canadian Wallpapers Mfrs., Class A common 5 5c 7-31 8-15 (quar.) common A Canadian 3-13 9- 30c Co. (quar.).. Derrick Co. iquar.j. & Car Canadian 9-12 8-15 Foundry Safeway, Ltd., &%, 1st pfd. 2nd preferred (quar.)___ 4Vi % 12-12 10- Co. Furniture American Home 1 1-2-53 $1.75 American Cannon Ltd., $1.30 pref. 3 8-15 8-15 $1.05 (quar.) preferred Tramway, Corp., 7-31 33c (quar.) 6-23 7 9-15 $50c $1.73 pfd. 4'/2% Denver 1 8-15 8- 93%C Co.— Denver 7-31 (quar.). (quar.)— 6%% 1 (quar.) Voting 7-31 8-15 (final) (quar.) (quar.) preferred 8% 7-15 33Vic (quar.).... E series, F class 8- 8-15 33Vic D series preferred partic. 8-15 27Vic preferred C Sugar 2 75c 1 §- 5 7-31 Inc. Dennison 8 8 8- Co.— series 5%-preferred ;4quaf.)ai'J^-.-— Canadian Oil Companies, Ltd:-(quar.) Canadian Relractqrie&H^. 3 1010- 8-15 37Vic Canadian Tnternat%,Tnvestment Trust Ltd.— » 10-15 10-29 A A & 7% Delta 8-11 $1 preferred series Common --<10% 1 10-29 31c Ltd. Ltd. Canadian Iroh- Foundries,- LtdrL be to =. Cable Service Canadian -7-24 9- 37 Vic Foils,f Ltd., 7-25 8-15 6 31o (quar.) Canada of- approval meeting __ preferred ' American Chain & pfd. (quar.)_— Water Class Class Daystrom, 6 8- $50c $1.25 preferred Canadian 8-20 8- 2 J50c Corp., preferred 5% 2 9- Ltd. Co., Press, Inc., 3Vi% Deere 9- 50c B Biscuit Cement Co., 2 •3'Ac (initial) to annual (quar.) St Dominion investment 8-12 25c —1— -- 8-15 8- 1 11- Curtiss-Wright Corp.— I-15 2 Seal Curlee Clothing, 9-15 9- & preferred Cuneo 8-15 1 2-1-53 5c Canada 2 9-15 Cork 7% 8-15 10- $17'A 6 deposit receipts for ordinary Co., 3%% preferred (quar.) Cuban-American Sugar 8-20 9-15 37Vic Canada 8-15 10- 1 25c ,_1 (initial) com. Crown-Zellerbach Corp., $4.20 pfd. (quar.) Crum & Forster, 8% preferred (quar.) Mining & Concentrat¬ Manufacturing Ltd., class A Co., 9- J15c (quar.) Campbell W'yant & Co.— (Subject at & 60c 25c 8-20 5c 5.36% 8-15 50c 8-18 1 $30c , — 5.28% 9-15 9- ... 5.30% - b 1 1 9- 75c 4.40% 8-18 10- (quar.). 7 °!o American 9- 9- (quar.) (F.) California 8-15 9-10 75c common preferred preferred 7% 8-15 1 8-18 $1.10 (quar.) 1 9- 2 8-15 11-15 Amer. 9-22 9- 8-15 8-15 9-12 $1.25 Crane 4 8- 2 9- 2 2de $1.25 Cosmos Imperial Mills, Ltd., new Courtaulds, Ltd.— 10-15 $1.25 (quar.) preferred Byron Jackson Co. (quar.) Calaveras Land & Timber Corp California Packing Corp. (quar.) Louis) Common 7% 9-10 1 8-15 $1.10 (quar.)_ pfd. Canada (St. Common Common 1 11- 1 1 Inc. L, $1.25 7-31 9- 1st (quar.) Co. Class Burry 8-15 87'Ac (quar.) Insurance Co., dividend held Burns 7-31 8-15 $25c _ ! stockholders - - , 1 8-15 5 9- Holder• $$1.25 Quarterly 1 8- 10- ______ B ing 9-19 75c _ Can, 9- $5 Extra inc.— Note __ 10-20 > 8- 1 95c 4.40% Common 8-18 10- 8-15 9- When Payable of Red $12'Ac Cosden Petroleum Corp. (quar.) cosmopolitan Realty Co. (quar.). Crown preferred (quar.) Mills, Ltd., class A (quar.) Bullock's, 1-zo 10- ; American 5 t$l 4% (quaj.)__ Business Shares (from income) Co., Bunker Hill & Sullivan 7-2n 75c preferred American 9- 8-15 93 %C - Quarterly Bank 8-18 12-20 50c preferred Automobile American 7-31 5 8-18 $1 (quar.).. America, Airlines conv. 2 9- 8-15 15c Buckeye Incubator Co., common 8-20 9- 1-2-53 75c Amalgamated Leather Cos./lnc.— 6%' qonv. preferred (quar.) $3.50 9-15 8-25 Paper Box Co., Ltd., common preferred (quar.) 5% 7-31 8-23 $25c (quar.).. 2nd "Class 9-10 30c Co. (quar.) Aluminum Co. of Canada, Aluminium, Ltd. (quar.)L American 1 $3 _.. 'preferred American •10- 9-10 q-ia (s-a) (quar.) Cement Co. 1 1 1 Aluminum 10- $2 Co. Extra Portland $3 Payable of Re0 14c _ (quar.) Alpha Brown Holder* Burkhart Allegheny & Western Ry„ guaranteed Allied Control Co., Inc., 7% pfd. (s-a) Allied Stores Corp., common 4% preierred Brooklyn Borough Gas, 4.40% 'preferred "B" Koungstown RR.— , $3.80 Bruck Ltd., A 5%' preferred When 9-17 1 $25c — preceding table. Company Corrugated Brockton; Taunton Gas Co.— - being given in the Name o/ 1 8-25 9- 69%c Brantford previous 10- 75c (quar.)— Per Share Name 0/ Company 8-13 18c —— (quar.) Rubber 2 50c — Trust 9- 87Vic. Inc Estate Bourjois, Inc., and not yet paid. The list does not include divi¬ announced this week, these dends Holder*' Payable 0/ Ree $1 Brantford weeks When Share _ (quar.); common 8-15 1 56'Ac ___ Borg 8-1 25c iquar.)_l Name of Company ot Ree 9- 20c common preferred Payable 25c (quar.) (Rudolph) Worsted Holder* ' Co. 2nd prelerred 4% Wurlitzer Wyandotte When Share Governor preferred Baking preferred (quar.)__ $8 45c 25c. 37'Ac (quar.) Co., General Cigar Co., 7% (quar.) pfd. pfd.' (quar.) common $2 9- 3 5 1 8-12 8-15 8- 5 8-15 8- 5 10- 1 9-17 9-15 8-15 9- 1 8-15 25C (quar.) 11-25 11-10 $1 11-25 11-10 25C $1.75 (quar.) General 5% Finance Corp.— preferred A (s-a) 4% convertible preferred C (s-a) 50 Foods Industries, 5% preferred General Metals preferred Advertising, com. (quar.) Corp. General Plywood General Public General (quar.)— pfd. (quar.) (quar.) * Corp. Co. $3 $25c 50c 50c 50c 56c 37'Ac 56'Ac (quar.) (quar.) (Indiana) Quarterly Quarterly - Telephone Pennsylvania— of Corp. (quar.), Georgia-Pacific Plywood, common $2.25 preferred (quar.) Mills Cera Co., preferred Inc., preference (quar.) 4% preferred (quar.) Goodyear Tire & Rubber, preferred (quar.)— common (quar.) — Government Employees, insurance (W. R.) class B 8% 6% 6% G«u>e preferred Bank National Grafton & Class Co. Lakes Great Dredge B Cananea Gulf (quar.) Ltd., class A Mobile Inc., (quar.)__ & Ohio preferred preferred preferred (quar.) (quar.) common Co., 5% 1st Sugar Co. RR., pfd. (quar.) ... (quar.)__ common (quar.) Oil Corporation (quar.) Power Co., 4.64% preferred (quar.)— Water Halliburton Oil Co. Well Hamilton Bridge Co., Cotton Co., Co. (quar.) Ltd 6% Ltd., preferred (quar.) 5% preferred (quar.) Hammermill . Co., Paper common preferred preferred B A.) Co., class preferred Hercules Cement Powder (quar.), (quar.) (quar.) common (quar.) (quar.) 5% preferred Heyden Chemical Corp., common 3'A% preferred A (quar.) 2nd (quar.) - Hey wood-Wakefield Co., common (quar.),,,, 5% preferred class B (quar.) ; Hooker Electrochemical, common (quar.) $4.25 preferred (quar.) Hormel (G. A.) & Co., common (quar.) 6% preferred class A (qhar.) 5% Co. (N. Y.) Houdaille-Hershey Corp., Common (quar.),, (quar.) Corp., (quar.) common (quar.) preferred 4'A% _—— (quar.) Hubinger Co. Bay Mining & Smelting Ltd. SHudson 8i Door, common preferred (quar.) preferred (quar.) 5% Idaho Power Co., 6% non-cum. Zinc Illinois Co. Steel 6% . (Canada) net and $4 Harvester Leich International Utilities convertible Corp. Life 3.75% 8-20 8-11 9- 2 Corp., (quar.) common (quar.) 60c (quar.) Chemical (formerly (quar.) Co. Class 9- 8 65c shares 8- Preferred 5 5 Lock Joint (quar.) (quar.) Coal & 7-25 convertible B- 0 5% convertible 8-20 8- 1 5% convertible Angeles — Land Louisville Henderson 8-20 8-20 5% & (quar.)_ Nashville (quar.)_ Louis Ry.— St. & preferred non-cum. Louisville 9-29 8-31 9-10 R-30 9- 2 8-1 Magic 50c 9-23 9- 8 (quar.) (11c & 9-10 25c $1 8-30 9-10 8-19 $1.75 9- J80c (quar.) Maxwell & Mar-Tex Realization 8- 25c (quar.) 9-20 8- 35c 11- 1 common Inc. 75c 10-15 9-15 37'Ac 11- l 10-17 11- 10-17 2 (quar.) . (Increased) L_, (quar.) ^ 45c 9- 2 8- 35c 9- 2 8-15 93%c 3.90% preferred (quar.) preferred (quar.) $1.05 9- 2 97%c 4.20% 9- ' 8-15 2 8-15 8-15 conv. 4.25% conv. Matthiessen 9 9- 2 Corp., common, common (quar.) Ltd. & 5% Mitcheil Mitchell $3.85 common preferred Oil preferred C 4% 7% preferred preferred Co., (quar.) Motor Products Mount Diablo Co. Corp. $31'/4c Ltd. 8-30 7-31 12-15 $50c 62 'Ac 9- C.) Co. 8- 9 2 8- 9 7-21 8-14 8- 8-15 10- 1 9- 10- 1 9- t$1.75 10- 1 9- 10- 9- 9-15 9- $2.50 9-10 8-25 50c 9-10 8-20 59 %c 9-30 20c 8-30 8-16 50c . 1 37'Ac 8-30 8-12 9- 9 4 50c 8- 8-31 8-10 lc ~ 8-15 2c (quar.) 8-31 8-10 8-11 9-15 25c 26 >/4c 9-15 8-11 37'Ac - (quar.) of America— Co, 2 9- t$1.75 ~ (G. Chemical 1 9- 9-15 ♦ $25c Murphy Mutual 8-15 $22'Ac 9- 8-15 2 6% preferred (quar.) $1.50 9-30 9-29 6% preferred (quar.) $1.50 12-30 12-29 Nashville Chattanooga & St. Louis RR.— 75c Co. Acme National Biscuit Fibres Automotive 7% Co., preferred National Cash National 8 8- 7 8- 7 9- 2 8-11 10-16 9-16 9-20 9-10 8-11 8-11 $1.06 9- $1.18% 9- 1 8-11 50c (quar.) (qua;*,) 9- 2 8-11 common (quar.) $1.06% preferred (quar.),,, 5c National Electric Welding Machine (quar.) $1.12% National Gypsum Co., $1.50 pfd. (quar.) National Hosiery Mills, Ltd.— $5c 60c class A (quar.) J $5c 60c class A (quar.) 25c National Lead Co., common (quar.) $1.75 7% preferred "A" (quar.) $1.50 6% preferred "B" (quar.) I-I-IIII 50c National Malleable & Steel Castings (quar.) Starch Products, preferred Naumkeag 1 9- 5 1-2-53 12- 5 9-26 9- 5 9-15 8-22 10-31 10-10 9-10 8-15 ~ I Co Cotton New York Chicago preferred State Common 8 10-10 8-12 11- 1 8-15 8- 8-15 8- 1 60c 8-15 8- 1 75c 9- 1 8- 5 $1.06% 40c (increased Gas & 8-15 1 8-29 10- 1 8-29 $2.50 preferred Electric 2 10- $1.50 (quar.)__, $5 9- 50c 9- 1 8-15 RR.—"" Louis & St. A Dock, 1 8- 1 8-22 - 25c (quar.) York 8- 8-25 37'Ac Co., 4% pfd. (quar.) Meter, class A (quar.) preferred (quar.), Amsterdam Casualty Co York Air Brake Co. (quar.) Common 7-31 8-15 35c (quar.) Steam 8-15 30c $2.40 6% 8-18 10- 50% (quar.), common Neiman-Marcus New 2 62VaC Neptune New 10-20 9- Paper & Type Co.— preferred $1.40 8-15 10-30 ' 5% 1 9-15 4%% National 8 10-15 25c (quar.) common 8-29 75C (quar.)ll Co. Gas, Distillers Products, National 8- $1.75 (quar.) preferred preferred 4%% 8- 50c (quar.) common Register Cylinder 4% % (quar.) 2 8-21 50c 2 Extra 8-21 50c (quar.) 9- 50c Quarterly National Corp.— 8-15 47'Ac quar.) 7-18 93 %C 10- 1 9- 5 4y2% preferred (quar.) $1.12'A 10- 1 9- 9 $4.50 preferred $1.12'A 10- 1 9- 5 20c 9- 3 8-20 50c 9- 2 8-15 15c 9-12 3.75% preferred (quar.) (quar.) ITt Newmarket Mfg. Co. (quar.) Newport News Shipbuilding & Dry Dock^"" Quarterly Niagara Share Corp. ~"(s-aF~l~~" ™~ Nopco Chemical Co., 4% pfd. A (quar.) Noranda Mines, Ltd. (quar.) American Class A Class B Northwest 4.20% Northwest Noxzema Class Ohio Ohio Ohio Oil 7% 9- 3 9-15 9- 3 9-10 8-20 8-15 9-15 $1 9- 2 9- 2 40c 8-25 8- 5 $0.55417 8-25 8- 5 8-15 20c 8- 8 7-18 50c 10- 1 9-20 15c Portland Cement (quar.) 10- Ltd., 7% pfd. 9-25 2 9-25 9- 2 7-28 $1.14 (quar.) (quar ) pfd. 10- $$1.75 (quar.)__ common 2 15c Co., 9- 2 8-15 75c A Inc.. preferred 7-31 8-15 7-31 8-11 4 20c 8-30 Hill $1 9-30 9-20 (quar.)_ $20c 8-15 7-15 $$1 75 8-15 7-15 common com. (quar.) class 9- 8-15 59 %c ___I (quar.) 9-15 50c (quar.) com. 9-10 50c (quarJIIIIIIIII Co. preferred A (quar.) Steel Products, Ltd., Class 2 (quar.) Inc. Tube Industries, Co., 9- (quar.),, common (initial) Co., 4.56% preferred Osgood 2 9-30 $1 Oklahoma Natural Gas Co., 4% (quar.),,. pfd. Co Seamless 4%% 7 9- 15c B Edison 7-17 8 9-30 15c Inc. prior Bancorporation, (quar.) Ogilvie Flour Mills, 8- 25c : $4 Chemical 8- 25c j, States 9-10 $10c (s-a) Plastics, 8-15 15c Texas Oil Co., preferred 9-15 75c (quar.) r,_ Water, preferred 8-25 t$l Corp.— (initial) (Initial) Northeastern $2 Cement 8-29 2 9- $1 (quar.) 8-20 20C A 2 B Falls Corp.— 4'A % preferred (quar.) 5% 2nd preferred (quar.) I 8-15 7-31 20c 8-15 7-31 Oswego Gas & & $1.12'A 1 9-15 9- 2 8-15 8-25 35c 8- 4 Electric Co.— preferred (quar.) preferred Lighting Pacific Mills Pacific Western 37'Ac - Corp. 7-28 J-15 7-28 31 %0 8-15 7-28 _L 31 %c 8-15 7-28 (quar.T 31%c 8-15 7-28 30c 8-15 7-28 75c 8-15 7-22 50c 8-15 8- 10c 9- 1 10- 1 9-20 1-2-53 12-20 (quar.U (quar.) Oil >15 34%? (quar.) (quar.) preferred - (quar.), 5% redeemable preferred series A 4.80 1st preferred (quar.) Pacific 10- 37'Ac ; Manufacturing- redeemable $25c 9-15 11-15 I 5% (quar.) 1 75c Munsingwear, Inc., common 5'/4% preferred (quar.) preferred (quar.) 10- 96'/4C ; 5% 8-15 8-15 8-15 8-15 2 (quar.) 6% 9- 2 9- 2 9- (quar.) Extra 5%% 9- 2 9- 2 7-18 8-15 & Co., Inc. P.) 8-15 45c 85c 1 2 , (quar.) (qaar.) Morris Paper Mills, common (quar.) 4%% preferred (quar.) Mosinee Paper Mills (quar.) Motor Finance Corp. (increased quar.), (J. 7-18 8- Moore-McCormack Lines, Inc. Morgan 8-31 93%c 93%c (quar.) 1 9- (quar.) (quar.) A B 9-15 8- 1 1 8- 25c Corp., Ltd., common (quar.) redeemable preferred (quar.) Moore 9-15 8-15 10- 25% 32'Ac 50c 9-15 (quar.) Moody's Investor Service— $3 participating preference 7-31 8-27 11- 7 8-8 7-30 7-30 Co.— Insurance $15c (quar.) (quar.) (1947 series) Frontenac Life 8-15 9-15 12- 1 9-1 7-25 7-30 dividend Stock Pacific 50c $1.06'A $1.06% 9 8-15 (quar.) common series preference Monumental 8-20 11-13 8- 8 9-19 8- $1.25 Monsanto Chemical Co., 9-10 11-27 8-30 8-15 8-15 ; 100% Co preferred 3.75% (Robert) Olin 10- 1 2 $1.25 Ontario 11 9-12 9- $1.15 (quar.) Co., Ltd. (s-a) Co. (Springfield, Mass.) — Semi-annual 8-15 11-15 8-18 1 37'Ac & Co., Ltd. Monarch Life Ins. 8- 4 8-20 12-1 8-15 10- 8-15 (quar.) (J. S.) 9- 2 9-10 9- 2 Calculators, , 3.40% McColl preferred 8- 1 8- 1 8- 5 8-19 8-25 8-18 8-15 8-12 30c 7-21 9-12 $1.25 (quar.) Co., common Utilities 8-15 9-12 8-15 8-30 9-10 9- 1 9- 5 8-26 Co.— 3.75% * 9-26 9-15 9-20 12-20 3-20 • 9-12 9- 2 9-12 1 8-29 35c Outboard Marine (quar.) Zinc May Department Stores, * 9-20 12-23 1 8- 40c (quar.) preferred Northwestern 30c com. (quar.) pfcL 1951 series (quar.) pfd. (1951 series) (quar.) Hegler 4-1-53 50c $1.25 (initial) Co., 10- 1 1-2-53 5c Chemical Corp., 4.25% 1 Common 5% 30c $25c (quar.) common Mathieson 10- 1 1-2-53 $1. $1 10c ! common changed to Marchant (stock dividend) Massey Harris I.)— Co. Corp., preferred New 9-15 9- 9-2 10- $1.37'A 8-7 11 %c 9-12 20c (quar.) preferred Normetal Mining Corp., Ltd. Extra 50c (quar.) Name 10-14 9-15 10-15 (quar.) Electric 5% 8 35c Moore Marchant Calculating Machine 8-29 9- 2 75c (s-a) common Marathon 5 7-15 30c (quar.) com. 2 8-15 8-20 11-19 2-19 8-20 11-19 2-19 9-12 1 $1 National 8-15 8-15 1 10- Mississippi Valley Public Service— Missouri 1 10- 75c 8-15 8- 2 8- 30c (quar.) National Standard Co. (stock dividend) 8-30 8-30 8-5 8-15 87'Ac 8-8 8-20 7-31 7-31 8-26 8-22 8-1 8-13 7-21 15c $1.50 convertible 2nd preferred (quar.) Mississippi Power, 4.60% preferred (quar.) 8-5 25c . Maple Leaf Milling Co., Ltd., 7-31 1st 8-15 20c ; (quar.) common 8-5 $1.2458 Chef, Inc. (reduced) (P. R.) & Co., Inc. (quar.) Shirt Co. (quar.) Manning 25c Service, 9-10 from Ltd preferred preferred 1 10- 1 $5.50 Co., 9-2 12'Ac 10c 25c Mallory 10- 5 37'Ac 27'Ac 9-2 $1 17c $1.25 8-11 Minneapolis-Moline 35c (quar.) $40c 9- 1 8- 10c Norfolk & Western Ry., common 4% adj. preferred (quar.) $2.50 (s-a) RR. Lucky Stores. Inc. (quar.) Ludman Corp. (quar.) Lynch Corp. (quar.) Macco Corp., 5%% preferred (initial) Macwhyte Co. (quar.) Madison Square Garden Corp 20c (quar.) 10-24 8-18 9- 1 9- 1 9-10 12-10 3-10 53 9-10 12-10 3-10-53 62'Ac 62'Ac 62'Ac 12'Ac (quar.) (quar.) Transit Lines (quar.) & Exploration Co. Louisiana 5 1 Co Gas North Central preferred preferred preferred 9-19 8-20 8-15 8-1 8-8 8-8 8-8 8-15 7-14 Dock 8-20 9-10 Minneapolis North preferred Lorain 12-17 12-17 ' 8- I 11- I 8-' 1 Island— * preferred 9- 3 9- 1 50c (quar.) Pipe Co.— 8% 8- 9- Co $25c 8% 9-19 12-19 I 1 25C $25c Rhode of Co.— preferred 35c 87'Ac $1.10 $1.10 $1 60c 50c (quar.) Finance 8- 9- (quar.) Abrasive New York (quar.) B Local 8-8 8-15 A Class 8-11 7-31 8-1 8-1 9-16 9-16 Lindsay Manhattan Corp. 25c 30c 87Vac Carbonic Corp., common (quar.) preferred (quar.) Little Miami RR; original capital Original capital Original capital Special guaranteed (quar.) Special guaranteed (quar.) Special guaranteed (quar.) Loblaw Groceterias Co., Ltd.— 8-29 9- 1 (reduced) Gas (quar.) (Ind.)— Liquid 9-17 10- 1 8- 8 Insurance Light & Chemical Co.) $25c Extra Iowa Public Belt Co. Lirdsay 9-10 $1.06(4 Trust (Providence, R. preferred (quar.) Iowa-Illinois Life National 2 $1.06'/4 New Corp. $1.50 preferred Link 25c "A" Investors $2.50 Savers Lincoln Service 8-13 9- 7-28 11- 1 9-12 9-12 9-2 12c 50c 50c 40c-. $1 Quarterly $37'Ac common (quar.) ___ Corp., Foundation, convertible (quar.) Lexington Trust Fund Shares Libby-Owens-Ford Glass Co. (quar.) Life Insurance Co. of Virginia (quar.) 7-30 8-14 9-12 7-15 8-29 9-1 9-2 9-2 8-29 9- 2 8- 6 9-2 8-30 9-15 8-15 8-15 9-10 9- 3 9-2 9- 2 t$2 30c 30c 40c $2c (accum.) (quar.) Mines, Ltd. Gold Leitch 9-30 9-30 12-31 12-31 8-15 11-15 8-15 $1 37'Ac 35c (s-a) Co. & 8_15 9-2 9- 2 $20c 25c (quar.) 7-26 , 8-12 8-11 9-15 10-15 9-26 12-26 $1 $40c $$1.75 15c 15c 15c 15c 25c 25c 10c 25c __ preferred Cement Co. (Charles) Leslie Salt Co. 1 Mid-West 9-15 9- 40c Corp., common (quar.), preferred (quar.) Meadville Telephone Co. (quar.) Meier & Frank Co., Inc. (quar.) Merck & Co., common (quar.) $3.50 preferred (quar.)—.. $4 conv. 2nd preferred (quar.) Metropolitan Storage Warehouse,,, Michigan Sugar, 6% pfd. ' (accum.) Mickelberry's Food Products (quar.) Co. 8-14 9-30 J50C (quar.) $4.25 National (quar.) & Sons Portland Lehigh 10- 1 $37'Ac (quar.) Holdings, Investment (James) Lincoln 9- 2 8-15 8-15 8-19 10c 10-10 10c 1-10-53 5c 8-20 (quar.), Fabrics,, Inc 8-8 8-8 8-25 8-15 8- 1 9- 2 7-26 9-10 7-31 ; Ltd. Mead 12-23 10c (quar.) preferred Lees Los from Products Xntertype (R. G.), Inc., common Legare Co., Ltd., 6% — Copper Co. Group International 6% Le Tourneau 43 (quar.) preferred (accum.), International $1.40 ——■— . Co., Laura Secord Candy Shops, Ltd. (quar.) Ltd.— 14c preferred Co. Monotype Machine (quar.) Liggett & Myers Tobacco Co. 9-30 security profits). International Business Machines Corp. (quar.) International — $1.25 Bond inc. (quar.) Lanston Corp., Ltd.— 6 'A % Institutional Shares, and Co. 7-25 8- 8 12-30 (quar.) common Inspiration Consolidated Stock (quar.) Machine Lansing 9- 4 4$1 30c preferred Silica. (quar.) Quarterly 8-15 $1.06'A 15c Xugersoll-Rand Co. 7% Landls 40c preferred A (quar.) preferred B (quar.) convertible (quar.) (quar.) B 5% Co. com. A 9- 2 8-28 9-25 8-15 56'Ac (s-a) 4% % Industrial Acceptance Industrial A 45c pfd. A preferred Products Indianapolis Water Co., 5% 8-15 — — Woods Milling Co., (quar.) (Alfred), Inc., class (quar.) Class Lea $1.25 9- 2 8- 5V 9-19 12-19 3-20 12-30 8-15 8-11 15c (quar.) Champagne & B Class 8-15 10-20 1-20 9-18 9-30 7-18 8-20 9-19 $1.25 $2 25c 8-8 9-10 8-11 $2.oO preferred (quar.) Mclntyre Porcupine Mines, 8-14 8-28 62'Ac (quar») common 8-28 25c Corp., Extra Mid vale m Payable of Reo. 50c __ preferred Class 8-29 9- 1 (quar.) partic. conv. Wines 8-20 8-25 8-30 9-10 9- 2 9- 2 10- 1 11- 1 $1.12% - Salle 10- 1 1-2-53 4-1-53 $1.75 — 7% 9-12 9-10 10-10 9-10 8-15 8-29 Lafayette National Bank (Brooklyn, N. Y.)— 11- 1 2-1-53 9-27 10-15 8-15 9- 1 10- 1 8-15 9- 2 9-2 9-2 9-15 9-1 9-25 9- 5 University— Quarterly $1.37'A $1.37'A $1.37'A $1.12'A 40c 25c 53'/bc 25c 87'Ac $1.09% 75c 31c 50c $1.06'A 62'Ac (quar.)— preferred 60c Co. Quarterly La 11- 1 10- 1 9- 6 10c 15c 55c 50c 75c 40c $1-50 gains) Extension Salle u* 8-21 9- 1 and income from (quar.) Co. tS. S.) Lambert $1.28 Quarterly Imperial Varnish & Color Co., Ltd., $1.50 (2c (quar.)—; s. Kress (S. H.) & Co. (quar.) Kroger Company, common (quar.) 6% 1st preferred (quar.) 7% 2nd preferred (quar.) Kroehler Mfg., 4'A% pfd. A (quar.) 4% % preferred A (quar.) Kut-Kwick Tool, 6% preferred (accum.)— L'Aiglon Apparel, Inc. (quar.) 8- 9 9-15 50c $1.25 series Imperial Life Assurance Co. Indiana Fund Creamery, Koeliring Co. conv. 37'Ac 37'Ac 37'Ac (quar.) capital from Knudsen 8-15 8-25 8-11 8-30 8-11 8- 5 11- 5 8-21 9-10 9-10 8-29 (quar.) common Illinois Central RR. preferred 9-1 9-10 9- 2 9-15 9- 2 8-15 11-15 9-10 10- 1 10- 1 9-12 (quar.) Huttig Sash 6% (quar.) $1.50 8c 9-26 8-10 8-10 8-lfl 9-12 8-15 »-!• 12-18 8-15 9-10 , 10- 8 1- 8 4- 8 1- 8 8-25 8-15 8-29 8- 7 8-11 McCord 7% Semi-annual (quar.) Peanut (Tom) Huston- & preferred (quar.) preferred (quar.) Lake of the 25c 37'Ac (increased quar.) Stores (quar.) Wire (quar.) $1.50 Lighting & Power Co.— Howard (quar.) 3%% common convertible preferred $2.25 Houston f Boldert i When Per Share Name of Company Co.— $1.50 9-10 12- 6 8- (quar.)—! common A preferred prior $5 Kirsch — preferred (quar.) Barblzon. Inc. (quar.) Hotel 10- 1 9- 2 9-30 $1.50 (quar.) preferred (quar.) Horn & Hardart Co., class 1st preferred 8-1 11- - Corp. Co., Hershey Chocolate Corp., 4%% pfd. A (quar.) $4.37'A Fibre cum. 5.60% 9- 1 9- 1 9-1 9-26 9- 5 10-1 1-1-53 9-1 10-1 10-15 1-15-53 4-15-53 1-15-53 9-15 9- 2 $20c $5c 50c 75c 35c 40c $1.50 15c 35c $1.25 Kings County Lighting Co. (increased) Kinney (G. R.) Co., Inc., common (quar.).. 25c preferred Hart, Schaffner & Marx (quar.) Hathaway Bakeries, Inc. (quar.) Hercules Mines, 25c $1.183A Kinney Mfg. Co., $6 non-cum. preferred 8-20 7-31 7-31 9- 5 8-15 9-25 8-21 9-10 3-11 9-20 8-15 8-15 9-19 9- 1 50c Harrisburg Gas Co., Gold Keystone Steel $1.06'A 5'A% Co., preferred 4%% A common (quar.) & Lake $3 * Co., com. (quar.) (quar.) Mines, Ltd. (interim)— Ltd preferred Kerr-Addison Kerr (s-a) Utilities Kentucky 43A% $1.12% 37'Ac 37'Ac 37'Ac $1.25 (quar.) common (quar.) preferred 9-2 12- 1 common preferred (A.) 5%% $1 $12'Ac $12'Ac 50c 10c $1.25 75c 50c 30c (quar.) (M. 5% (quar.) (quar.) Common 8-11 8-12 40c 25c 87%c 87'Ac 50c (quar.) Common 8- 1 8-20 8-20 8-15 9-15 9-10 $1.12'A $1.06'A 50c (quar.)— 4'A% Class 8-11 8-25 common 4%% $4.25 8-29 9- 8 preferred 42'Ac 75c $6c $12'Ac $35c $$1.25 $$1.25 (quar.),. Cementing Hamilton Harris 25c 25c common Co., 8-11 8-29 9- 1 „ (quar.) Stone 8-29 62'Ac (quar.; preferred $4.50 8" 8 95c 51 $1.12 Va Company, 3%% $50c $50c Ltd Mines, Hanna 8-28 11-28 preferred ii-i % Kendall 8-15 - Corp.— Kellogg Company, common Ltd. Lime & Alabastine of Canada, Quarterly — Quarterly j. ....—— Gypsum Hallnor 9-15 12-15 $1.25 3-31-53 $1.25 9-30 $1.25 12-26 50c 9-10 $1.16 10- 1 (quar.) (quar.) Hackensack Chemical & (quar.) 4% preferred (quar.) 4.50% preferred (quar.) Kawneer Co. (quar.)— Kresge Copper Co. Hydraulics, Griggs Cooper $5 (quar.) (quar.) Guantanamo $5 8-28 8-28 8-28 11-27 11-27 11-27 8-22 56'Ac 12'Ac 25c (quar.) preferred West Coal Co., (quar.) preferred Knickerbocker Dock & Inc Co., Royalty 8-31 10- 1 11-1 5% — dividend Kentucky Co.— Ry. Non-cumulative Greer 9-10 9-10 9-10 12-10 12-10 12-10 9- 2 ' (quar.)_ Co. Indemnity Northern Greene 9-15 9-25 3.80% 8-Zb »-»o $1-25 30c 5c preferred (quar.) Kansas City Power & Light Co.— 9- 4 9-19 8- 1 8-15 8-15 8-15 8-15 8-15 9-10 fc— (quar.) American Great Class 9-15' 10- 1 8-15 9- 1 9- 1 9- 1 9-15 i* 8-15 9-15 9- 1 10- 1 44c 50c (quar.) Stock 8-15 a /0c (quar.) Corp. Aluminum Common Stores, Inc. $2.25 preferred Great (s-a) (quar.) Y.) (quar.) Gi^ison-Robinson Gulf (N. Manufacturing Great 9- 2 (quar.) Union Grait $5 (quar.) Ltd., class A Co., A Grand 8-21 10- 1 i 32'Ac Refining Battery Keyes (quar.) (quar.) class A preferred (quar.) class B preferred (quar.) preferred (quar.) 8% Gulf (quar.)— preferred .4% Ranch W'. Kaiser & Co. class A preferred 8% Johnson 7-17 1-154-15 7-15 8-15 8- 8 9-21 25c 25c (quar.) common € % Oil K. n" Knitting Johnson * $2 $2 $1.50 $2 $2 $1.50 $2 (quar.) Goodall-Sanford, Grace Monday, August 4, 1952 . Hol&ert Payable of Reo. 9- 1 8-15 35!/2c Mills— preferred A (quar.) 5% 9-19 8-15 2-1-53 5-1-53 8-1-53 9- 1 10c$1.75 15c 37%c 75c $1 75c $1.25 30c (quar.) common (quar.) Goodall Rubber $5 Jantzen 8- 1 8-15 8- 1 9- 5 10- 1 5c (reduced) Globe-Wernicke 7% e- preferred 5% (accum.)— Wares. Ltd., common Telephone General 4%% 11- 1 tt-io 8-15 9- 1 8-15 9-25 40c Utilities, common (quar.)— (quar.) $1.76 preferred (quar.) Jack & Heintz, Inc., 4% preferred (quar.)— Southern Iowa 8-20 8-15 9-19 12-19 7-31 8-21 9-12 9- 5 10- 1 12-29 8-15 9-10 11-15 Castings Corp.— Steel General 5% Corp., Utilities preferred $6 (quar.) Refractories General Steel (quar.)— (quar.) Paint General (quar.) (s-a) Corp. preferred 6% General pfd. ; (quar.) General Outdoor 6% (quar.) Corp. When Per Share 30c Name of Company Payable of Reo. 60c 60c $1.25 $1.25 60c 50c $1.50 81.50 25c 25c 35c (quar.) Fireprooflng Co. General 5% Share Company Holdere When Per General . . I Name of General and Financial Chronicle The Commercial (462) . Corp., Package Machinery Co.— '4%% 'preferred (quar.) 4%% preferred (quar.) 4% pfd. (quar.) .81.12% . $1.12% . 1 8-15 176 Volume Number 5139 . . The Commercial and Financial Chronicle . (463) Per 'Name of Company Park Chemical Co., - common o% convertible preferred 5% convertible & Park Tliford Parmelee Paton Co. 2%c Holdert Payable 10- Per of Rec 8-15 8- 1 Name of Seaboard 1 9-20 1-2-53 5 % convertible $1.72 12 V2c 9-26 9-16 $2.12 convertible t20c (quar.) 9-15 8-30 Seaboard (quar.) com. t35c (quar.) 31 %c (reduced) Co. toteei a, Seaboard 9- 8- btiigrave Corp. Sears Roebuck & Co. Peerless Cement Corp. Special (quar.) Laundry Peninsular 1 Grinding 9-10 12-20 12-1? 7% 9-12 8-29 8-20 8- 5% Wheel 10c 8-15 25c 8-15 8- 6 preferred 25c 11-15 11- 6 $1 $1.32 $1.32 (quar.) preferred 33C (quar.) : preferred B preferred E (quar.) 4.05% preferred D (quar.) preferred Gas & Light $1.25 Co. $4.50 1st $4.50 8-15 8-29 Simon 9-22 Simpsons, 9 7-30 Class 9-10 8-28 9-10 8-28 s-a)__ $2 (quar.) & Gear 1st 2nd (s-a) 25c Extra Pinchin Johnson $1 & Procter & & Co., Co. Co. Co. (s-a) Service div. (quar.)___ of New Electric & preference Ralston Purina Mexico Gas, 8-15 Common 84c 8-15 7-31 Common 14c 8-15 8- 4.50% 40c Spencer Reading 4% Red Co.. 9-30 9-30 8-29 9-30 8-29 9-30 8-29 20c 8-15 7-18 75c 9-13 8-20 50c 9- 2 8-15 35c 8-30 7-17 $1.50 8-29 8- 50c 9-15 15c 8- (quar.)_ ;____— Owl Reed Renold-Coventry, 50c 93%C Ltd., Extra 9~ 2 ard Copper Reynolds & Brass, Metals Stix, Co. 50c 9-11 8-21 $1.60 7-30 8-28 427c (quar.) 10- 9-15 9- 5 8-15 50c 9- 6 8-15 (quar.) 50c 9- 2 8-11 "Hst'erchi 10% 8- 8 7-23 Stern . _ dividend) Stein (% -1st preferred (quar $1.75 102*1- preferred (quar > $1.75 10- 9-lf Oil Corp. (quar.) : 75c 1 '9-15 $1.25 & Myers, Inc., $1.50 participating Participating _•! (D. 8-20 (accum.)___ 50c (quar.) (quar.)__:— common preferred 35c 7-21 & 8-15 ^Suburban 9-15 37 %c 9-15 5.20% (quar.) preferred (quar.) 9- 1 $1.02% 9- 1 8-15 4%% preferred $1.18% 9- 1 8-15 Sun 8-15 8-1 Sunray Rockland Gas Rock $1 (quar.) Co. Manufacturing Co. of 50c (quar.)—— Ages Corp. (quar.)— (quar.) Haas, common (quar.) preferred "A" (quar.) Rolland Paper Ltd. Co., 5 9-10 9- (quar.) 12- 1 9- 1 2 Sunshine tered Ross (J. deposit receipts for ord. 6% 8-15 regis¬ 10% Engineering (quar.) Russell-Miller Saguenay Milling Croix St. Lawrence St. 8- 5 . (quar.) 35C 9-10 8- 7-24 0 1 4.10% Louis-San 5% 5% St. St. Paper Co. conv. conv. Corp., Regis San (quar.) preferred "A" vtci Paper 1st Ltd. Marine Co., common preferred Antonio Transit Co. $1.25 (quar.) — (quar.)— series A Arms Dillon Corp. (quar.)— Schenley Industries, Inc Scovill Mfg. Co.— preferred 4.30%. preferred Steel Co. 1 8- 1 Common 8-15 811- Scythes 5% & Co., preferred Ltd., common 1 35c 8-20 -■ 8-11 7-18 9- 1 9- 1 8-15 8- 30c 8-15 9-12 1 9- 6 88- 1 2 9- 1 9- 1 2 9- 1 8-12 Pacific 5% ,5% 11- 1 Ltd 30C 5% 5% ■ 10-15 8-15 G5c 9- ' 410c 8-18 9-10 30c 9-20 8- 7-16 Weston ; , non-cumulative pfd. $1.25 9-26 9-15 non-cumulative $1.25 12-26 12-12 Ry White Motor White's _ 26 Ac 10- 1 9-10 27 %c 9- 1 8- 7 9- 5 8- 5 Whitehall $2 (quar.) 8-25 8-15 Whitehead 9- 8-15 Whitney 10c 37 %c 9- 10- 1 1 1 Wico 40c 1-1-53 9-10 8-29 50c 9-25 9-11 12- ) 10- 1 9-10 10- 1 Willys 1 $1.27% 10- 1 (quar.) $1.31% 10- 1 (quar.). 12 %c 10- 1 9-15 (quar.) 40c 6% Oil Co. & Wisconsin Inc. Transmission Texas Title 8- 1 25C i (quar.) $1.12% (quar.) $1.18% (quar.) 9- 2 8- 1 9- 2 8- 1 9- 2 8- 1 - $1 Coal Bros., Glass Fair—See & Mfg., Fair (John Oil 3.65% (quar.)_*. 2.40% pfd. (quar.)_ (quar.) 9-15 8-26 35c ' 91 %c 9- 5 7-31 * 81II 7-19 60c 8-15 Co. 15c 8-15 8- Welder 25C (quar.) 9- 12 %c 1 8-31 Power 9 & Trust Co. (N. Y.) 50c 9- 2 Amer. (interim) Stocks, Inc 7 7-30 Co. Co. Miles Towne Mfg. Consolidated & 9- 9 8- 5 7-25 7-25 4:20c 8-15 1 7-31 $1.50 10- 1 9-15 50c 10- 1 8-15 $1.75 8-15 8-11 9- 2 8-15 75c 9-15 8-29 Co. $1.12Va 8-15 J25c 9- 30c (quar.) 8-1 2 ~ 7-31 9-15 75c 8-15 9- ' 8- 8-15 11-17 $1.25 2-16-53 10- $3.50 com. (quar.) (quar.) • 50c Corp. Co. 2- 1 9-1 r 8-1 7-2C 8-30 95c 8- 10- " 8- 8-30 25c 1 811-. T- 4 1 9-lf 50c 9-10 8-2? 37%c 8-12 7-28 62%c 9-24 9-10 17%c 8-15' 7-3F 8-15 7-31 (quar.) (quar.)____ _____^ (increased) (quar.) 31%c - $1 9-30 15c 9-19 8-15 - 8- 1 .9-15 9- 4 50c 9-30 9-15 30c 9-30 9-15 25c 8-21 ser. A (quar.) $1.12Va (quar.) Co., * (quar.) 15c 10- 7-28 1 8-15 32%c 10-31 : 1 ; 9- 1 8-15 30c 8-15 7-31 (quar.) 30c 8-29 31J/4C 9- 9- 8-15 2 ' — 2 50c 8-15 8-11 ' * (interim) 15% Co 8-22 6-2C 25c L 8-11 25c 9- 2 10- 1 9-2C 8-15 7-31 25c 10c (quar.) • (quar.) 50c 75c Fields, Inc Coke 8- 10-15 90c (increased)— common 7-23 9-1 $1.50 com. 9-26 5c 10- 1 9-15 8- 8- 1 8-2C 9-1C ■■ 9 8-15 7-lf 25c 9-10 8-29 50c — Corp.. (quar.) 9-30 9-12 ' '^Transfer books not closed for this dividend. tPayable in U. S. Funds, less 15% Canadian non-residents' tax tPayable in Canadian Funds, tax deductible at the sourc resident tax British 15%; von- resident tax 7%. a Less Less Jamaica Income tax. y Corrected 5% 8-11 8- '(quar.) Gold 4 8-11 (quar.) Co. 2 *-• '• 8-15 $1.25 x regis, 8-15 • ' f & Securities Trust Co., Ltd.— deposit rets, for ordinary Allied & Coal 7-31 8- " Tobacco Light Inc., (quar.) Manufacturing Radio "* Guarantee 9- '•'* Inc.— Power & (F. W.) 4 8-25 8- 8- Income tax. payment or holders of record Previous published dates were incorrect. - 8-11 25c (quar.) (quar.) Industries, Zenith (quar.) 8-20 $1.25 Crampton Corp. Zcigler (increased) 8-11 (quar.) Youngstown Sheet & Tube Co. Yuba 8-1 9-10 $1.0614 (s-a) Wrigley (William) Jr. Co.— Monthly Monthly & 8-15 $1.12% Woolworth (F. W.) & Co., Ltd.— Amer. deposit receipts for ord. Yale 8-29 9-2 $1.25 preferred Electric Woolworth Wysong 9-20 - 30c common 7-31 (The) R.) Electric Co. preferred 8-26 75c Pacific 9-15 8-29 (quar.)___ preferred Worumbo Corp.— (quar.) Sulphur Co. 8-15 Woodall 5% 8-29 8-29 9-20 15c convertible 8-22 9-20 * (quar.) Motors, 1 9-20 (quar.) preferred Overland 8-21 9- 35c 1 20c (accum.) common Rubber Co., ) 9- 20c Ltd preferred Mfg. 9- 2 $1.01 preferred (quar.) 3.60% preferred (quar.) 9-10 10-9 : 6% 9-10 preferred Bros. Wisconsin 9-10 12- $1.25 (quar.)___. 9-10 1 9-10 11-3 common Mfg. • 8 20c B 1 8-14 8- 12-10 15%c , Instrument Cement 12-2V 1 9- 8-18 . 75c (quar.)__. Dental 1-2-53 : $1.25 Blake Co A $4.50 9-10 10- 9-lf quar.)__ Co., common Stores, Electric Wilcox • 1 (quar.) series Co. Auto Winters 35c $1.02% S.) convertible Class 8-20 50C (quar.) 5% 8-15 10- Alabama— Electrical (S. $1 preferred of preferred White 7 8-15 Co._. Wtstinghouse Electric Co., 8-15 7-25 1 , Breweries Westmoreland, Inc. 8-15 6 (quar.) 1 8- 1 8- Cuba Co.— Insurance, RR. 2 8-15. 9- preferred A (quar.) preferred A (quar preferred A (quar.) preferred (quar.) ■ 2 25c Sugar Corp. Life 9- 60c 4%% Canada 9-30 J35c preferred Engineering 3.80% — Tobacco 5% 4% Western 8-14 (quar.) Thrifty Drug Stores Co., Inc. 8-12 Co., Western 8-15 10- Thomson 9-19 & 12- 8 8-15 $1 Knapp, $6 preferred Western 8-15 9- of (quar.; % , 8-15 $1.16 Thatcher 9-19 10- Light 12- 8 50c common Virginia Pulp & Paper preferred (quar.) 1 2 ^ 9-12 10- Gas " 12-20 $1.0614 (quar.)^ & 12-20 10-10 25c (initial Indies 1 8-15 2 —___ Lines, 8-15 $1.25 West 8-15 8-15 (quar.)__ Ltd preferred Wellman i, 9-15 $1.3 6'/4 preferred 9-15 9-15 (quar.) Wellington Fire Insurance Co. 8-29 10- 9- Extra r Mines, Go. (quar. Petroleum Corp. Weeden 7-31 (quar.) 4.75% 1 9-30 9-15 $1.05 preferred Webb 5 9- (quar.) preferred 10- 12Vic & y9-17 2 8-15 (quar.)__ 8-14 9-26 5% 1 9- 25c (quar.) Texas Gulf 8-14 - series A (quar.) pfd. series A (quar.)— 10- \ preferred 4.50% 7-25 431 %c • y9-12 y9-l2 preferred Common 8- 6 8-15 435c (quar.)— Seaboard Air Line RR. Co. 1 1 420c Tennessee Products & Chemical Corp. 1-31 $1.12% (quar.) 10-10- 5.25% 1 11-15 2-15-53 15c preferred 450c 462 %c preferred Eastern 2 62%c Washington Steel Corp. '(quar.) .Waterous, Ltd., class A (quar.)__. *8-15 2 9- 4.64% Thompson (quar.) 40c 5.10% 1 9- (quar.)_ Insurance Co. (quar.) $4.50 8-12 4.65% 9- 5 40c Corp. Life $4.25 » , 40c Gas 8-29 1 (quar.) State Amulet Western (quar.) Natural 12-12 9-19 65c Sugar Co. Manufacturing Washington 9- 2 Scruggs-Vandervoort-Barney, Inc.— $4.50 series A Warren 9-15 9-16 9- 60c Walker 8-12 62 %'c 9-10 The . 8-20 2 Vogt 9-10 $1.07% (quar.)_ 9- 1 Thalhimer (quar.) 40c 1 10- 50c Walte 10- 9iy4c (quar.) 5 10- 30c •—— Co. 8- $1.15 12 %c Savage 8-15 $1.06% 25c 12 %c 25C (quar.) Tennessee 8-22 10- 62%c preferred Volunteer (quar.) 10-10 1-1-53 75c (quar.) $4.20 2 preferred 10-17 22V2c 8-15 ' 62%o $4.04 8-15 preferred 1 5 (quar.) preferred (quar.)_u__i.i 1 8- 4.60% 12- 2 9- preferred J9- 9-30 Texas (quar.) $5 9-15 10-24 12-15 < 9- preferred •*<auar.)___; 9-15 460c (quar.)____ preferred 8-25 50c 12Vic Corp., $6 preferred Corp. 8-15 4.25% 12 %c Scotten Scullin 20c 8-29 $1 Steel 9-15 9-10 $1.06V* (quar.) Vinco Corp., new 5% pfd. Virginia Coal & Iron Co Virginia Electric & Power, 11-28 25c 2nd 8-29 1 v (quar.) of America 5% 8-29 9-10 5 $1.10 (quar.) Quarterly Quarterly 3.65% 8- , (quar.) Insurance 8-15 $1.25 ____ 70c 450c ______ Francisco Ry. Co. preferred "A" vtc. (quar.) Paul Fire & $4.40 (quar.) 9-15 12-10 75c Mines, 9-5 9-30 $1 common Vertientes-Camaguey 8-15 35c * Corp. Corp., 1 10- 60c Co Vapor Heating, 5% preferred 8 (quar.)_ — & 35c (quar.) 8- -5 8- 8-28 ._._v—- — (quar.), Iron Card Vanadium Tennessee Gas Transmission Co.— 9- 5 1 8-15 9-10 460c preferred Inc. 8-25 10- $1.12 Va prior preferred (quar.) prior preefrred (quar.) 5% 5 35c (quar.) (quar,)___. Wharton Tennessee 8-26 $$1.06 8- 31 %c (quar.)___! (quar.) Common 4%%pfd. 8-11 8-15 56r (quar.) 4% preferred Taylor 6-13 40c . (quar.) Power Co., Ltd., St. "oil, Co. Quarterly ^ 1 37 %C' j, Oil ~of California ,8wift & (final) O.) Biscuits, Machinery Corp.— West (quar.) (quar.)_ Swan-Finch Rolls-Royce, Ltd.— American ________ Corp., common (quar.) prefeired series A (quar.) convertible 2nd preferred (quar.)___ Superior 8-15 9- 9- 412 %c ■ (quar.)__ Oil 5V2% 8-15 420c Inc. (increased) Co. 1 9- $1 * 8-15 12 %c common Consolidated Oil 414 % 2 12-10 40c —— 1 50 (quar.) preferred Sullivan 8-20 25c *— & 4% 9- 8-15 25c Quarterly Rohm 50c 9- Suburban Propane Gas Corp.— 4.10% Rockwell Corp. 9-10 $75c Insurance Co. (quar.) Universal Pictures Co., com. (quar.) 4V4% preferred (quar.)__ Utlca Knitting Co.— Electric Securities Co.— ' Electric preferred each common <*-$4 '2nd'preferred 9-15 5c : for (auar.) Oil, 1 1 8-25 (quar.) Universal Inc.— participating Participating ■ 10-10 share of Stand¬ (quar.) Corp. A.) Common Gas Textiles, 8- 8- 9-10 25c preferred Stores 40c ___ quar.) A Studebaker participating class A Rochester 4% 5c 10-15 5c (quar.)__—___ Jersey 8-12 8-12 25c ; 10c 87 %c (quar.) (reduced)— preferred f-Stuart Class certificates Cement Co.— Riverside Robbins Stern $1.25 v 8-15 - trust 7-31 20c preferred Struthers iWells Corp., Rio Grande Valley Gas— 6 $1.12% ____ preferred 25c $1.75 (quar.)___ 1- 8- , Brothers Stores, & quar.) Cos. 7-25 7-31 Corp.— Corp. (initial $1.50 8-15 United " Stewart-Warner 9-If 2nd Silica Sugar 45c one 2 37Vic 1-10-53 9-15 (ACo. 4j/2% 7% Voting ^ 7-31 (quar.)—^ 8-15 10c "'Standard Railway Equipment Mfg. Standard 7-15 8-30 10- C 1 9- $1.15 (quar.)_ 'Participating 1 50c : 8-15 37Vic ' held. convertible 10-15 t38c (quar.) Van Raalte Co. common ) 8-13 $1.12% (quar.)__ (quar.) 56 y4c (quar.) New Packaging 50c 8-15 C . (qupr.)—__ cf 2 8-15 ' Preferred 55c > Products Co. A Printing & Lithograph, common 5% preference series A (quar.)__. S. . Investments, Ltd.— A Playing 5% (quar.) ""^Standard: Paving & Materials, Ltd., com.__ Participating convertible preferred (s-a)__ Inc.— Richfield ".shares Standard (quar.) (stock Oil 7-25 A Inc. Coil class Gas S. U. 2 9- $1.25 Common 10c (stock dividend 7-17 8-15 4 9*- 8-15 1 8-15 40c Dredging Corp., $1.60 pfd. (quar.) Standard Oil Co. (Indiana) (quar.)_ 8-15 com. (Dallas)— i (quar.)_ Inc., (quar.) S. Co.— preferred « 2 9-10 U. 9- {40c Coal Hoffman U. 9-15 $1.12% 9-15 $1.37% quar.) Co. S. 7-11 - Preferred ___ _________ $3.50 ^preferred «•" ,* 8- 25c 9 8-29 30c Co.— Brands, r 6 (quar.)_ 8- 7-18 9-12 28C preferred Standard .. 7-25 25c 7-18 9- common (quar.) Extra ■Standard 25c 8-15 % • Inc., preefrred (quar.) States Lines Co., com. (quar.) 4 % % preferred (s-a) : U. S. Pipe & Foundry Co. (quar.) 5 7-18 50c 414% 5 8- 7-18 8-15 $1.25 (quar.) Service (increased Water 8-14 __ 8- 8-31 8-15 $1.12% United Telephone— ' '(quar.) Standard 9- 1 8-31 7-18 8-15 $1 70c quar.) Portland Cement, common 7-15 9-11 9 7-31 8-15 20c — (increased (quar.) convertible 7-31 8-25; 8- 8-15 8-29 440c ———. Stamford - ^ 8-29.. 8-25 10- $4.50 O 5 (quar.)_ (quar.)___ Public Commti- 50c (quar.) ciass Co. preferred Chemical 37%c __ preferred Gas Drug 2nd Spokane 1 8-30 U. 30 %c ___ —— * Revere Rice (quar.)— J.) Tobacco, (quar.) B (quar.) —— (R. Class 25c (quar.) Co. (quar.) Roller Bit Reynolds 425c — 1st Stores — 9 8- 8-15 92!/2c Improvement Co. (quar.) Upson Co., 4%% preferred (quar.) U. S. Guarantee Co. (quar.) 50c 4.60% preferred (quar.) Spencer Kellogg & Son, Inc. (reduced): Spencer Shoe Corp. (reduced) Spiegel, Inc.— 8-29 35c $1.17% (quar.) common non-cum. 1 $1.02 9-10 8-1 ____ class United 22 %C (quar.)_ com. Southwestern Life Insurance 2 (quar.)—_ 9-20 Extra 7-29 75c Extra -v 9- :— 5 9-10 9-2 (quar.) United Fuel 80c Southwestern 7 9- 1 50c (quar.)_; (quar.) preferred common 6% 10- 6 Engineering & Foundry— Electric 8-15 75c 25c 4 9-lb 8- Corp.— preferred 8-15 9-15 (quar.) 9- 1 8-15 87V2c Corporation, Ltd., B 10- $1.0614 Missouri— California Lines, 7% 25 %C Ltd., (quar.)- Associated Southwestern : common 9-15 8-29 9-19 (quar.) of United Co.— Power preferred 8-15 (resumed) Co., non-cum. $5.50 7-25 8 65c 8-30 Corp. oi preferred United 8-15 87 %c Co. convertible Railway Co.— 5% Southwestern 8- (quar.) com. common pfd. (quar.) %% United 8-15 $1.05 conv. Edison Natural 2 (quar.) (quar.) preferred Rayonier, Inc. 8-15 2 9-15 — Co. Air Class 4$ 1.12% — ; Oil New (quar.)——— * 7-14 9- 8- Ruober 5% 8-22 9-15 (quar.) $1.05 Oil Refining Corp.. Distribution Shares, Inc. 3% % California Company 9 1 5 9-12 62!&c (quar.) Carbon Airerait 8-19 9- 40c United Biscuit Co. of America, common__ $4.50 preferred (quar.) 8-15 4$1 _ preferred 8-21 State Co. 8- 4 7-31 1 2 4$1 preferred 9- — Mining .9- 2 8-15 9- 4$1.25 — Works Southern 1 8-20 7-31 9- 11- S (quar.) & Co. Unued Simon). (quar,) ________ Quarterly — Quincy 10- 2 8- t20c Sugar Corp Quaker City Fire & Marine Insurance (quar.) Quaker Oats Co.. 6% preferred (quar.) Quebec Power Co. pfd. 90c Lathe $1.06 y4 _ Alegre Quaker 9- t$l preferred Quarterly 10-15 8-15 50c (s-a)—_ (quar.) Southern 7-21 9-10 25c —— Canada Colorado— (quar.) 4.70% preferred (quar.) Puget Sound Power & Light Co. Pullman, Inc. (quar.) Punta 9-18 7-31 9-15 11-15 ' (quar.)__ (quar.) preferred (quar.)____; $4.50 7-31 8-15 8- » preferred United 50C Franklin Southern 8-11 65c __ 4.(13% 8-25 $4 2 75c (quar.); 4.08% • , 2 9- 8-15 8-15 8-15 preferred $3.70 9- 7-31 Street $4.25 pfd. preferred 7-15 3c 8-15 2 & & Carbide Electric 2 425c ._ 4.88% 1 Z $1.75 (quar.)—___ Co. Bend Salle Asbestos 2 475c (quar.)—— Aircraft-Co., La $3.50 Inc.— preferred Southern 8-11 25c common (quar.)__ preferred $1.40 8- 8-25 11'Ac (quar.)_ Public Service Co. of New Hampshire— 3.35% preferred (quar.) Service 12-12 8-30 17%% (quar.) of preferred 4.20% Solar South 9-12 Union 0 $1 A Southern !LL_J Ltd., Transport Service % % 1 1-1-53 %C ____, America Gamble Provincial 12-12 10- lc (final) of Brothers 1-1-53 8-25 8-15 (quar.) (quar.) preferred South 10- 427%c -. 5% (Alexander), 4.20% 9-12 Associates, Ltd.— shares Metals 1 $1 Piper Aircraft Corp., 4 % % conv. pfd. (quar.) Pittsburgh, Youngstown & Ashtabula Ry. Co. 7% preferred (quar.) _____:—_ Pressed 10- 60c (quar.)___ (quar.) _■___ American Smith Tyer Rubber C»., 1 10- y 9- 40c 9-10 10-15 9. 15c (quar.__)__ Power Co.— Light 20b 8- 8-15 $1.14 Quarterly Union Oil Corp. (quar,)—.— -_______ Oil Co. (quar.) ; Sloss^-Sheffield Steel & Iron (quar.)— fi-lfl $1.12% (quar.) . preferred 1 l 25c 9-10 8-15 9- 25c True Temper Corp., common Tucson Gas Electric 8 10- Sinclair 8-15 (quar.) Co. Co. 1 9^1 $1.12% (quar.) Glass 41/2% , 3%% preferred Petroleum Phoenix fl- 35c 2nd preferred non-cum. Phillips B 10- t30c — (see Sons, 1 Boldert Payable of Rec $1.0614 Quarterly Ltd.— (quar.) & 8- 456 y4c — Ltd., class (s-a)__ 7-25 9-10 «. Skelly ;quar.;_ preferred 8- Co.— preferred preferred non-cum. Public (H.) 2 9-15 10-15 _ Public (Franklin) Co. 25c (reduced u —- Simmons 40c 9- (quar.)__ com. —— 9-10 1 8-15 10- When share Quarterly Union ; _ $1.50 $1.06 (quar.) Coke: & Manufacturing Co. (quar.) Philadelphia Dairy Products Co.— 4 10- Brewery, preferred ' (quar.) Biumenthal & Co. Sidney Simon Pheoll Public 4% 8-11 9-10 4 Company Edison, 414% preferred (quar.) 4.56% preferred (quar.) Transtates Petroleum, Inc., 6% pfd. A (s-a) funny Universal Insurance Co. (Dallas)— iban — Extra 8-11 1 1 Power, (s-a) 8- 10c (s-a) B 8-11 Toledo Union Products, Inc. (quar.) Sherwin-Williams Co., common 8-11 1 910- Houston (quar.) Extra 2 10c Sherman " Valley RR. Machine non-cum. Price 9- 30c Extra' Perkins $4 1 $1.01 (quar.) Bureau Permut.t $4 9- Class 5 15c Peoples 5% 8-11 11- 1 A 9- 12 yac __ (quar.)— B Winnipeg Class 7-15 9- $1.17% (quar.) com. Pennsylvania Power Co., 4.24% pfd. Pennsylvania Salt Mfg. Co. (quar.) Peoria 8-15 $1.10 Pennsylvania Glass Sand Corp., 5% 11-15 92 %c (quar.) A preferred Shea's 5 33c C (quar.) 4.70% 8- t75c Penmans, Ltd., common (quar.) Pennsylvania Electric, 3.70% pfd. 4.40% 8-15 preferred 4%% 9-15 31 %c ____ oi 9-18 50c com. —_— Corp. buttling 10-10 30c . • (Omaha), (quar.) $hawinigan Water & 4% (quar.) preferred _ corp. Antonio, Texas) — Common class A (quar.) 7-26 Telephone— preferred (quar.)_. preferred ; .___ (quar.)—-,-. 9-18 50c _— 9-18 10-10 60c (quar.). 10-10 53c quar.) 9-18 43c (quar.) Acceptance aeven-Up 1 Peninsular $1 Co. Servomechanisms, Inc. 8-29 9-12 lc preferred™-. Surety becunt.es • 12 %c _—. Service, »-2U 8-15 25C _* Peerless 2 9-2 *Ul Quarterly Delaware 8-30 15c ;4u»i.;_ of (initial 10-10 Par _ Name of 9-18 33 34 c ___ (quar.)__: preferred 9-15 *0c iron reueii preferred Wilcox & Oil preferred 10-10 65c (quar.) convertible 51 Holdert Payable of Rec 45c (quar.) preferred $1.35 8- (quar.) common preferred 7-18 (quar.) prior conv, Stow convertible When Share Co., 12-20 75c Peaboay Coal co.— Peck $2.60 . Company Finance 5 (quar.) Manufacturing Co., Ltd., preferred 7% 2%c (quar.) Corp. Transportation 5c (guar.) preferred Distillers Share — When dates are reported here. * 32 <464) & Dry Dock Co.—Bill¬ Newport News Shipbuilding 1 * General Corporation and Investment News r; h it V f t ings, Etc.— 11 fc- ti. .* Xct ry. 609,320 344,326 258,918 316,179 127,300 18,971,598 4,651,641 16.392,121 2,656,104 2,211,840 16,613,930 3.927,393 1,887,592 income— oper. Oross railway fcfcl from INd ry. 19,959,369 railway from income— oper. 176, 3,163,933 1,465,618 55. p. incl. . , maintenance Wroflts, after depreciation and 6,166,467 8,513,274 5,036,328 ^Provision for income taxes RFC Loan— 6,861 181 $3.48 July 28. This loan is now for a favorable decision in facilities, it was announced on reviewed and the company hopes making being the future. near Expansion plans involve construction of a continuous pickling line is already under way and is scheduled for March, 1953, com¬ which THet profit -♦JSarnings $2.56 share per outstanding (1,969,807). tThe nuwr emit ted profits of subsidiaries and branches (excluding Canada) -tare not included in the consolidated profit being reported. Profits all foreign subsidiary companies and branches amounted to 4fp3,147,804 (after taxes) during the six months of 1952, as compared xrfth $2,857,702 during the same period of 1951. Included in the net -irwofit shown above, are the profits earned by the Canadian sub¬ sidiary. and cash dividends received from foreign subsidiary comjwuiies and branches which amounted to $788,424 during the six *aonths of 1952 as compared with $463,032.35 for the six months ♦Based shares of number on now *"4(1951. ^WOTES: sfticial or Poreign currencies were converted at rates of exchange, prevailing at May 31, 1952 and May 31, 1951. Com¬ free, 175, Austria and Germany.—V. included: not branches panies and p. 4.863. York, N. Y.— Security and Exchange Commission— Stores Corp., New Files With 25 filed a letter of notification with the 36% 20-year non-convertible income notes, •Que offered at par, in denominations of $500 -*»nd $1,000 each, without underwriting. The proceeds will be used #wr general corporate purposes.—V. 175, p. 1542. total of $71,000 of 15-year 3V2% income notes due Feb. 1, 1965, $156,000 of 20-year income notes due 1971, has been sold in U»c last 12 months. Sale Of the first named issue commenced on or -*&out April 19, 1950 and of the last mentioned issue on or about Oct. 22, 1951.—V. 175, p. 1542. The company National-Standard Co.—50% Stock - Wekoosa —Files With Securities and The 1,498 «*uployees under a stock option plan at •4mderwriting. The proceeds will be added p. with the SEC be offered to $29.50 per share, without to general funds.—V. 174, on July 21 filed a letter of notification shares of capital stock (par $25) to company ^covering Co., Port Edwards, Wise. Exchange Commission— Paper Edwards - a 2458. The -cents the the company has 85 acres under oil gas lease in the Edison Field, Kern County, Calif.; 220 acres ■*» the Pyramid Hills Field, Kings County, Calif.; 2,080 acres of rtioproven structure, wild cat, in Washot County, Nev.; and some 2*800 acres of sulphur bearing ground for exploration, this also in •Sfcrada. s < mill steel new requested on the basis that there was no a mill. new —V. 175, p. ry. Electric System—Units to Borrow— 1950 $753,188 —V. 52,691 5,892,298 5,573,479 4,390,161 4,442,656 1,420,922 481,996 1,372,031 439,718 816,092 918,941 289,418 317,005 exemption order under the Investment Com¬ pany Act permitting this corporation to purchase one Convair Model 340 aircraft from Consolidated Vultee Aircraft Corp. at a base price of $535,000, subject to an escalator clause relating to Consolidated's cost of manufacture which may increase the price to not more than $575,000. In addition, the order permits Northeast to purchase radio equipment for the aircraft at an estimated cost of $15,000, of which approximately $13,000 will be purchased from outside sources and the balance from Consolidated. Atlas Corporation, New York investment company, owns 392.663 shares (47%) of the common and 42,959 shares (98%) of the preferred of Northeast, and 430,300 shares (18%) of the voting stock of Consolidated.—V. 174, p. 1198. issued ry. railway 1,279,950 839,428 2,153,820 1,944,756 80,981,246 11,109,165 79,720,071 13,692,081 69,715,025 4,792,847 5,923,187 64,469,233 4,840,354 736,977 income.™ oper. railway from Net Net ry. railway from ™ income oper. 176, p. 240. 7,069,713 1,813,295 July 28 filed a registration statement with the SEC covering shares of beneficial interest in the amount of $986,500, to offered through Coffin & Burr, Inc., Boston, Mass.—V. 176, p. 330. 1952—Month—1951 Period End. June 30— $5,382,060 __— 1952—6 Mos.—1951 $5,053,242 $24,657,611 $22,092,585 26,740,532 21,559,143 $1,353,369 *$2,082,921 $533,441 3,699,872 4,612,356 89,962 (expense)—net Net inc. before taxes— $859,665 taxes 436,300 Provision for inc. 1,017,074 Dr433,848 $1,185,398 *$1,065,846 52,000 Cr540,900 $99,593 52,000 Drl67,971 Net $423,365 profit $1,133,398 $47,593 *$524,946 has company from of -^remainder -•»6l-es 1952, 1953 and bearing the prime rate of interest. agreeement with five banks, New England Power now maturing April l, Wader its loan outstanding c»ow notes 4half of will 1952 and -wnction of promissory notes. The proceeds of the construction expenditures during the last reimburse the company's treasury for prior con- used to 176, p. from 22,553 covering July 22 filed a letter of notification with the SEC shares of common stock to be issued to creditors on ($1 per share) in exchange for claims, without underwriting. -Wet from -Wet ry. railway railway oper. 1950 1951 1952 from See Western Union Gross Net Net Gross 6,527,054 2,906,914 5,342,621 2,304,182 939,759 993,398 5,026,222 2,055,819 856,614 154,634 5,841,368 - oper. 2,386,882 751,522 income— 237,913 101,470 178,610 *299,490 66. Co.—To Be Acquired— i Telegraph Co. below.—V. 175, p. 2489. Jan. 1951 $98,403 43,268 17,036 $71,532 14,793 *1,092 $81,378 26,747 587,775 268,327 79,284 476,768 153,835 20,669 509,001 197,925 57,666 income p. 56. 7,396 . July 25 filed a letter of notification with ^jocr (no par), to be offered through McKelvy & Co., Pittsburgh, Pa., par for the debentures, JWttftng itaL USCd and at $5 per share for the stock. The repay bank loans' to buy equipment and for prices of Redemption 6 Months Ended June 30— for company period ending Dec. 31, 1955, the company estimates;, its construction requirements at $119,000,000 of which approximately* one-half will be used for 257,500 kilowatts of additional generating: the For 3'/2 year capacity. electric BUSINESS—Supplying central eastern Pennsyl¬ in service sales Profit before taxes on Canadian Federal and Federal excess income taxes profits tax on income — 496,000 356,000 $1,299,548 $1.41 $1.37 ♦Based on the 761,470 shares currently outstanding. Second quarter 1952 profit before taxes of $1,654,463 compared with $1,366,384 for the corresponding period of the preceding year— a gain of 21% as contrasted with a sales increase of 4.8%. Second quarter 1951 performance, however, was affected by a strike during the last two weeks of June at the company's Rumford plant.—V, 175, P. $1,326,041 income 1864. per common share and Lancaster,, including the cities of Harrisburg, Allentown has spent $140,370,000 in net additions vania to plant since rating of the company's, company The aggregate name plate generating system now totals 675,962 kw. 1947. 1, Serving a large class of important residential and rural customers, $86,068,000 of for the dividend requirements of $13,077,000. for all of the company's outstanding, preferred before industrial customers as well, had operating: 31, 1952, ant# the company 12 months ended May as revenues income The annual dividend requirement stocks preferred will $3,101,000. be CAPITALIZATION GIVING EFFECT FINANCING TO PRESENT Outstanding bonds: due 1975 mortgage series 3% $93,000,000 20,000,000- 2%% series due 1977 2%% series due 1980— due Oct. 1, 1960 $1,800,000 annuallly through 1960 4V2% pfd. stock ($100 par) cumul.— Series pfd. stock ($10 par) cumul.) 14,400,000 14,400,000 527,000 shs. 163,000 shs. 527,000 shS. 63,000 shs. 100,000 shs. series 4.60% 4.40% series stk. (without nom. or par issues limited by ♦Additional The 9,000,000 $9,000,000 due 214% 5,000,000 shs. 4,339,859 shs. property, earnings and other mortgagevalue) •**;■•■ Corp. First Boston underwriters named below (represented & Co.) have severally agreed and Drexel the respective number of preferred stock set forth below: purchase from the company First Boston 12,695 12,695 Corp & Co Shares & Whelen & Co — J. Co Co & & Janney & Schmidt, Co., Singer, 1,330- & Bogan Co Paul 1,330& Inc. Deane & Scribner_ Yeatman Suplee, & 1,330- . 1,330- 1,330' win Wurts, 1,330' 1,330- Co., Inc. 1,330 1,330 1,330 331, 1,330' 1,330' Poole Thayer, Baker & Co—_— Walston, Hoffman & Good¬ 1,330 176, p. 1,330 Co._ & Co Sheridan - 1,330 Boenning & Co Booker Brothers, Inc Butcher & Sherrerd 1,330. 1,330- Co, Masten Parrish 2,670 path E, Moore, Leonard & Lynch 2,670 2,670 Company, Yarnall & Co 1,3301,330> 1,330 & Co., Inc Newburger & Co Inc.— & Drass 2,670 2,670 2,670 Blair, Rollins & Co. Inc— Stroud H. Elkins, Morris & Co * Green, Ellis & Anderson A. Graham, Noyes, Newbold's Son & Co. Reynolds 5,330 2,670 1,330Bodine & Crouter 2,670 Clark & Co Co., Townsend, & DeHaven 5,330 Beane___ & Inc. 6,000 Merrill Lynch, Pierce, Fen- Conrad D. Theron 6,000 Kidder, Peabody & Co Brothers Lehman by td- shares of new Shares The , 37,000,000 Promissory notes; —V. 1952 1951 $27,302,185 $26,348,759 3,851,041 3,264,548 2,029,000 1,609,000 reimbursebe made. from the financing will be used to construction expenditures made or to PROCEED3—Proceeds the 106 up, July 1, the new preferred stock range from 1957; at 104 thereafter and up to 1, thereafter. and 102 1962, July including and to Blair F. Claybaugh & Co.— . (& Subs.)—Earnings— Oxford Paper Co. the booka and oversubscribed quickly was closed. W. H. 1949 1950 * 69,413 railway 176, Preferred Stock: —- Oversubscribed—On July 29, The First Boston Corp. and Drexel & Co. headed a group of investment banking firms which publicly offered a new issue of 100,000 shares of 4.40 % series cumulative preferred stock at par ($100, per share) and accrued dividends. This Warren •Earnings the covering $175,000 of 5% convertible sinking fund debentures Aug. 1, 1952, due Aug. 1, 1962, and 10,000 shares of common on New Auchincloss, Parker & Red- railway oper. with the SEO: (par $10) to be offered York, at market (not less will be used for working capital, r. stock Pennsylvania Power & Light Co. Parsons & 1— ry. Corp.—Files— letter of notification 18,612 Hemphill, 590,697 245,479 income from a shares of capital through Blair, Rollins & Co., Inc., than $13 per share). The proceeds —V. 175, p. 1959. E. W. $85,953 25,887 4,453 railway ♦Deficit.—V. Net Newcomer Products, Inc., Latrobe, Pa.—Files— company July 23 filed on company Biddle, 176, p. 56. "STlxe - Pennsylvania Coal & Coke The ner 1952 oper. ry. from Net railway railway 3,816,640 194,288 railway from From 131,942 468,482 168,040 - from from Wet ry. 4,736,208 932,519 ' from Gross 314 081 237,107 1 $794,486 495,706 $1,063,876 415,754 Wrom Jan. 1— Wet 28,688 City-Ada-Atoka Ry.—Earnings— June— 1949 $1,014,046 $952,035 income-. $9,778,861 $8,726,981 4,894,430 4,893,360per share $2.00 $1.78 •In the foregoing statement, originally reported net earnings of $9,943,981 for the six months ended June 30, 1951 have been reduced*, by $1,217,000, representing the increase in U. S. taxation on income for that period principally attributable to the retroactive effect of the Revenue Act of 1951, enacted on Oct. 20, 1951.—V. 175, p. 1864. earnings Number of shares outstanding Eastman, Dillon & Co Net •Jew Orleans & Northeastern RR.—Earnings—> Wane— 120,424 5,520,248 941,768 Northwestern Telegraph Net Gross 108,688 240. New Era Specialties Co., Inc., Benton Harbor, Mich.— 4Ptles With Securities and Exchange Commission— -«l f»ar $981,406 282,375 51,472 1949 $741,346 6,346,357 1,595,189 railway ry. oper. income ♦Deficit.—V. 176, p. 3,368,000- ll,657,000u Net earnings Drexel railway Oklahoma "iThe company $1,037,412 241,322 Net for expenditures.—V. 1950 113,309 income oper. from Net $5,400,000 be 1951 $2 1 7,982 442,416 railway railway from ry. Gross received SEC authorization to issue during the an additional $6,000,000 of unsecured promissory foreign income taxes— Other United States and UNDERWRITERS—The RR.—Earnings— 1952 Net 1,784,000 10,296,000 profits tax_ provisions. June— Gross 45,073,119 49,184,044 excess Com. From Jan. 1— New England Power Co.—Bank Loans— States 2 $769,703 Operating profit Nonoperating revenue Net The $71,042,905 $68,825,100 and expenses United - Authorized Inc.—Earnings Lower— Northwestern Pacific The company on income Total. Costs 1 *1951 $70,739,771 $68,628,4731*. 303,134 196,627 1952 30— June sales Other ♦First ♦Loss.—V. 176, p. 330. Boston, Net Subs.)—Earnings— (& Co. & , Northwest Airlines, - a 5-year net From Jan. 1— Gross callable of Parke, Davis Jan. 1952 1951 "1950 1949 $14,446,329 $14,825,464 $13,093,696 $13,233,362 3,110,690 3,365,949 2,970,976 2,850,249 railway from July 22 filed on $30,000 Six Months Ended the Ry.—Earnings— June from Colo.—Files— letter of notification with the SECt registered 6% convertible notes, dated Aug. 1, 1952 to be offered in units of any denomination at par,, without underwriting. The notes are convertible into common stock: of the corporation on the basis of one share for each $100 of notes.. The proceeds will be used for working capital and increased inventory' in the manufacture of rust preventive products. company an With Mass.—Registers Securities and Exchange Commission— Fund, England New Parancor Co., Inc., Denver, The offering Inc.—Purchase Authorized— Northeast Airlines, Net busi» Offering income— oper. The SEC has v 1951, the I. C. A. made purchasing credit available to Israel covering 67,945 176. P. 146. Gross foreign firms in the amount of $2,500,000.—V. 176, p. 146. 172,406 74,151 railway from ry. are $825,833 143,522 income— railway from Gross Net purchases raw and Although at present concentrated in the United States, the firm, 1949 $955,086 215,218 72,156 203,467 Operating expenses make 1951 $966,378 railway oper. Net I. C. A. covering Prom Jan. 1— —V. subsidiaries of this System have received SEC authori¬ $1,540,000 additional borrowings from NEES in the tvfdividual amounts specified: Attleboro Steam & Electric Co., $100,000; JBcverly Gas and Electric Co., $150,000; Gloucester Electric Co., $100,000; Northern Berkshire Gas Co., $150,000; Norwood Gas Co., $90,000; 'Qaincy Electric Light & Power Co., $100,000; Southern Berkshire IPower & Electric Co., $50,000; Weymouth Light and Power Co., $100,000; and Worcester County Electric Co., $700,000.—V. 176, p. 240. to for RFC request previously made. 1952 Net "The following sation the to Ry.—Earnings- railway from from Operating revenues New England longer any have no relation 712, and 1225. Norfolk Southern Gross purchases 1949, planning to expand its operations to the European and other expansion program and application June— Net in the Israel Government. for as markets. . however, funds, are: company the company for which a the company had This request was denied need for the establishment this operation, For $200,000,000. of loan DPA a planned. was of Warren E. Deuel, President; Herman $f5. Gmith, Vice-President; and Peter J. Burfening, Secretary-Treasurer. •Company's office is located at 15 East First St. (First National Bank »Mg.>, Reno, Nev.—V. 176, p. 146. Qf the These facilities will be housed equipment. accessory building. new a Previously, at the suggestion of Government officials, established a subsidiary, Kentucky Steel Corporation, Net According to an announcement, Officers all and mill In Northern Pacific 200,000 shares of common stock at par (50 announced was to be private by an officer proposed sale of share), it is corporation. per -tcfi the the is Net Installation of a complete cold reduction operation, including a 3-stand Tandem cold mill, annealing facilities, coil rewind, temper Co.—Financing—Properties— Nevada California Oil an (3) Dividend— 50% stock dividend on the out¬ standing capital stock, payable Aug. 13 to holders of record Aug. 1. TUp First National Bank of Chicago is transfer agent.—V. 176, p. 55. declared have directors The Also . . . time. charging the of July on covering $23,000 of Oct. 1, 1971 to be than those addition to the furnace building to provide space for the fourth unit. (2) Conversion of the third furnace from side-charge to top-charge, thereby resulting in substantial operating economies through reduction operation. in The current $22,500,000 National Plumbing 43EC pletion. Other parts of the expansion program include: (1) Installation of a fourth electric arc furnace—larger now established America, supplies for all sectors of Israel industry, agriculture as with the its steel- corporation at present has an application pending for a $22,500,000 loan to finance the expansion of The 103,640,187 100,642,940 11,202,795 15,374,455 Israel Corp. of America* well company 568. RFC companies and sales of foreign sub. branches ' 4Ba>es of Corp. materials and ness Newport Steel Corp.—Seeks $ Israel commerce, 25/51 reports income from long-term shipbuilding contracts percentage-of-completion basis; such income for any period vary from the billings on the contracts. Contract billings and estimated unbilled balances are subject to possible ad¬ justments resulting from statutory and contractual provisions.-—V. 173, 1951 1952 30— Commercial announced by Albert Seiffer, its President. was The In therefore will p. #3ix Months Ended June it the on Israel voted to change its name to the contracts unbilled 306,025,717 211,944,036 the period 16,134 11,418 major of Corp.—Subsidiary Changes Name Corporation, a subsidiary, has Economic Palestine The employees at the close of Number of Subs.)—Earnings— Co. (& National Cash Register 5,508,366 June 23/52 June balance Estimated The •from Jan. 1— 1,965,676 3,996,213 2,034,516 of- As $2,669,016 290,246 $2,844,864 492,448 - $69,452,722 $37,788,045 1949 1950 1951 $3,015,246 658,098 5,371,706 railway— $45,151,895 $24,347,738 Total $3,146,574 railway from Wcl from June 23/52 June 25/51 $37,035,540 $19,038,114 24,874,300 12,788,042 Louis Ry.—Earnings— 1952 June— <3*wss June 23/52 June 25/51 contracts- $24,788,936 $12,827,004 Ship conv. & repairs— 16,241,653 8,027,243 Hydraulic turbines & accessories 906,804 1,127,780 Other work and opers._ 3,214,502 2,365,711 Billings— Shipbuilding (Continued from page 14) Ifeshville, Chattanooga & St. —6 Months Ended— Ended— —3 Months Dulles & Co W. York & 1,330* Co., 1,330- Inc. Pennsylvania RR .—Earnings— 1952 June— from Gross Net from Net ry. railway 1951 1950 1949 $74,466,640 $89,609,910 $80,815,470 $70,705,80# railway—— 10,073,857 16,159,319 17,404,974 9,341,72# income— 3,064,866 6,193,602 7,536,456 2,394,448- oper. From Jan. 1— Gross from Net from Net ry. —V. railway railway oper. income-— 176, p. 57, j 506,554,254 504,462,628 411,170,331 456,627,633 70,753,470 62,523,730 59,088,934 70,490,952. 28,906,349 20,734,532 20,097,095 26,339,595. ptfolume 176 Number 5139 . . The Commercial and Financial Chronicle . 'J Philadelphia Co.—To Renew Bank Loans— This lor of balance applied period its amount the has company further a of one to the SEC from year outstanding bank loan $17,500,000 to Mellon of for authorization 23, Aug. notes 1952, issued National Aug. & renew $16,000,000 the in Bank to 1951, Trust in of Co. Pittsburgh, Chase National Bank of the City of New York, Continental Illinois National Bank & Trust Co. of Chicago, and Harris Trust and Savings Bank of Chicago; and the SEC has given interested persons tintil Aug. 6, 1952 to request a hearing thereon. Under the note agree¬ ment, the notes were to bear 2% interest for the first year and, if arenewed, 2V8% thereafter.—V. 175, p. 1763. Philip Morris & Co. Ltd., Inc.—EarningsQuarter Ended June 30— Domestic sales Export for the account of certain will not receive BUSINESS—The shareholders, and the company, Ohio an $78,655,192 $77,868,855 5,659,318 7,385,024 before Federal taxes .Reserve for F.I. & E.P. taxes Net 2,943,000 Earnings Dec. 31, 1945. It is the surviving corporation from the merger as April 30, 1946 of four corporations, the oldest of which was a Maryland corporation organized in 1937. The F. C. Russell Co. of Canada Ltd. is a wholly owned subsidiary. share common ♦Adjusted to tax rates provided in ■original estimate made prior to the the share.—176, $1.23 Revenue of passage $1.32 per ■or *$3,338,024 $0.98 • the Act Act of 1951. was The $3,545,024 147. p. stock *566,043 for all ($1 corporation covering Tor public ."Sachs & Net sale Co. issued and Oct. underwriting group Piper, Jaffray & Hopwood. and of the stock sale will be added the company and will be available for •expenditures The and other corporate purposes.- corporation mixes dise an by for 'business is leader a home bakeries, baking, and in the originally established the name "Pillsbury" has had -and The eighty company has paid for 25 years. Since •stock ithe than more annual rate $2.00 of for in by Goldman, from the selling stock common family flour, prepared poultry mixes livestock. the continuous connection with flour regular 1946 quarterly quarterly share of dividends dividends common its on have common been stock.—V. paid 176, p. at & H. —V. ry. 1950 1949 $205,681 $245,410 $237,403 37,575 26,519 74,453 78,779 30,125 1,216,067 1,200,151 1,204,572 From Jan. 1— 'Gross -Net railway railway -Net ry. —V. 192,846 395,106 330,825 318,981 income oper. 315,079 248,753 261,762 213,769 176, p. 57. & ry. Gross shares company shares of railway railway from from ry. railway Merrill, & 5,000 stock, 3,000 Co on Hayden, Miller & Co. stock income no value, for each share held par Aug. 7. The Southern (no Francisco The from Net Jan. The Hanover ry. —V. will $9,822,483 1,917,760 $9,226,950 2,046,246 $8,733,492 1,530,689 786,896 1,057,299 61,007,435 59,930,643 52,064,930 51,338,195 13,118,868 12,507,076 10,626,136 8,020,998 6,744,094 5,632,366 5,298,404 3,665,406 July on be now Net Gross railway from railway Net ry. from $757,797 $728,111 $611,768 Net from Net ry. *28,899 136,352 165,774 34,592 103,967 98,273 114,207 railway 4,131,600 railway 858,055 ry. oper. income ♦Deficit.—V. 176, p. 57. 617,263 Gross 669,055 from from 3*et 1950 1949 $531,345 $398,113 $392,454 $359,195 230,534 120,215 137,111 3,971,469 945,571 944,488 678,142 728,297 4,096,169 26,533 43,201 ry. income Net ry. railway railway 2,691,784 2,376,430 1,934,412 railway work has begun on a PROTO new income oper. Net ry. —V. 1951 Gntario, Canada, it has been in 1,046,237 757,898 474,608 501,775 380,321 174,422 74,101 122,619 announced by Morris B. Pendleton Presi¬ dent. This plant, the company's fifth, will provide modern facilities for ithe manufacture and distribution of PROTO tools in Canada. A new corporation, known as PROTO Tools of Canada, Ltd., was rformed earlier this year, and a 50-acre site was acquired in a new industrial section of London. Ground for the new factory was broken May 20. Completion of the building is scheduled for Sept. 1. Initially, the plant will have a floor space of 21,000 square feet. As the factory is expanded and more personnel added, the •t>n plant will beprime manufacturer of tools for Canada and many other coun¬ tries.—V. 169, p. 1491. ■eome a Radio Corp. of HI that European this customer-to-customer service Net & services taxes Net sold__ operating income__ on Bal. is now available with com. per ♦Based on the Aug. $ 11,299,930 15,703,361 788,240 1,576,477 earnings before stock— 3,435,172 3,013,579 9,723,453 14,126,919 share $0.25 $0.22 $0.70 $1.02 13,881,016 shares.—V. 175, from railway railway p. 2491. and From Gross Jan. Net ry. railway railway from 1950 783,828 1949 $9,774,362 $9,247,813 2,045,955 1,519,922 757,109 1,035,615 the on the 63,820,373 54,540,335 59,015,394 13,886,553 7,068,429 11,944,042 10,915,227 10,706,789 5,536,144 5,795,548 5,008,293 57. p. The directors Guaranty mon stock three income excess last, ago distributions cents per payable on of the 15 no in action payment. each each were the on September. June cents share previously dividend Similar On 173, as p. 15 the on action March made, quarter.—V. Gross 1952 from Net from Net ry. railway railway income oper. from Net from Net ry. —V. railway railway income oper. 176, p. and holders of record of as 614. per Co. Aug. on bonds, 29, series A, of ten privilege Earns. per of New FOR its due Jan. shares will of expire by so York, JUNE 2016. 1, the close general The stock common at of bonds for presenting 140 AND their Broadway. FIRST for of business SIX The of net bonds New the at York, N. tization in *$11.77 $8.03 8,203,831 $5,260,696 $0.97 *$9.21 $5.75 1952, Federal of purposes and for six $1.67 income taxes amounts in period provided rate will increased be deduction for in in now the Revenue effect as what over Federal of income months of resulting from de¬ excess of normal de¬ Act provided they would otherwise have taxes of 1950 the by was and compared computed as at compared Revenue Act the 47% with the 15, with 25 corporation totaling $2,347,445 780,008 & Potomac 1951 $2,406,748 968,241 RR.—Earnings 1950 $1,925,352 773,878 1949 $1,760,101 282,079 245,488 270,999 346,448 68,602 15,312.973 14,028,345 5.311,305 1,965,902 1,827,740 In addition state for his highway the the had been for is turning awarded are 176, has p. wings plant been on dies manufactures 11 earnings months 1951 $494,083 from ended install sign porcelain April 30, $14,261. were amounted to continuous a standards, and for signs, panels, etc. sales totaled $462,50Q 1952, Sales for and net $438,934 the fiscal profit was ended year $18,400.—Y~ Net ry. 1949' $235,528 $204,63* 87,394 104,678 58,026 73,202 31,433 50,764 29.997 1,332,000 1,253,811 379,646 1,143,422 358,031 203,343 171,173 193,697 1,013,813 170,573 27,838 income— Jan. 1— from from Net ry. —V. 1950 $233,050 101,480 oper. From Gross 1951 $267,205 railway railway railway railway income— oper. 176, The SEC July on issued 25 approving the plan filed by.'l company and its subsidiary, Philadelphia Co. proposing th© partial liquidation of Philadelphia by the distribution of a portion: of its holdings of common stock of Duquesne Light Co. to the commoa stockholders of Philadelphia. Philadelphia owns all of the 5,920,000 outstanding common shares ot Under the plan, Philadelphia will distribute 1,038,171 shares (17.5% ) of the Duquesne stock to its stockholders in the ratio of on© share of Duquesne common for each five shares of Philadelphia Duquesne. Of common. Standard the Gas 5,190,853 receive the 1,004,958 outstanding shares of Philadelphia common. (96.8%), Standard Power & Light 5,024,790 shares owns Corp. (its parent) remaining 156,313 9,750 shares owns (3.01%). shares shares of Duquesne of to SEC order of June dissolve. to and Standard of 1, Standard liquidate Philadelphia 1948, Gas and dissolve. Gas is oversize from stocks of of Standard Duquesne Duquesne by also before under are liquidation and dis¬ the common direct to of Standard Gas* utility held now Standard stocks the allocation to the prior substantially all the common, proposes addition in Gas' common transfer the Power the Commission. retirment of its $7 and $6 Prior Preference Step amended, for pending now I As stockholders, plan ordered to liquidate was Standard A of of (.19%), and the public holds the Consequently, Standard Gas would stock, Standard Power 1,950, and public 31,263. By subsidiaries. F84 Approved— decision a this preference the for 401,046 58. p. pro¬ special obtained and 1952 from Net con¬ it by Republic Aircraft shipped over the road Ind., permission commissions.—V. out to be used to buy and equipment for are buy the 31, a This contract, said W. Paul $10,000,000 the total amount of the Ordnance Corps. wings 8,500 $724,935 capital. the awarded Corps by Evansville, special it Ordnance shells. date contract These Army nearly to company I. from which to firm big a L. announced 28 by brings the on Farmingdale, Farmingdale July howitzer mm. awarded Thunderjet trailers 2,055,388 105 of President, contracts 12,218,957 6,053,774 11,737,131 3,947,922 1,603,837 Jones, on $5,660,000 73,90© Step I thereof proposes the Stocks through the allocation Servel, Inc.—Awarded Shell Contract— .This 237,400 8,800 the year shares, to solution tract for corporation Gross and taken Dec. 151,952 taxes 175, p. 2596. 951.— of 57. com¬ 2393. 173,147 9,380 deductions Standard Gas & Electric Co.—Plan emergency facilities. By taking these rapid amortization currently, Federal income taxes for the post five-year amor¬ $After p. tax $965,835 taxes net May 1952—6 Mos.—1951 $1.31 cents for June, income 57,622 $916,262 Y. $888,636 *$1.50 reductions of $908,213 25,949 proceeds, together with funds from the sale to stockholders 3,921 furnace, MONTHS on deductions been. *$1.88 1,337,765 share— by 32 because $890,313 taxes— publicly offered on July 1 to residents of Oklahoma only at $12 per share by Walter F. Hurt of Tulsa, Okla. each sink¬ funds. com. 1,913,669 Spokane International RR.—Earnings— $26,931,800 1952—Month—1951 cap 1951 $2,821,882 1,951,237 __ for income taxes— June— redemption wishing to obtain Immediate payment of do may after ♦Increased 1952 ductions 9,759,124 Southwestern Porcelain Steel Corp.—Stock Offered— An issue of 5,000 shares of common stock (par $10) was Net 4'/2s share- com. income 21,471,426. 175, p. 1865. For date. price Trust taxes taxes income working $13,298,769 $12,185,164 $86,409,476 $78,441,502 Net railway oper. inc.— 1,896,596 1,458,086 11,981,029 8,665,219 Net income before funds 1,665,730 $1,182,542 10,385,348 $7,201,586 V. 176, From Jan. 1— Gross 1025 to revenues duction Richmond, Fredericksburg June— 20 Net —V. RR.—Bids for Debentures— Period End. June 30— Gross 107,530,466 1952 general prov. profits Income orders July 25 took usually months $0.35 outstanding. initial dividend of 25 cents per share Aug. 1126, rate called EARNINGS rate on the of redemption 52% Reynolds Spring Co.—Omits Common Dividend— the this redemption Holders preciation 64,853,469 income oper. 176, stock common an interest income at and bond ing & min, 1—• from Net —V. 840,860 accrued convertible $1,000 Net $8,996,458 $10,575,351 1,405,816 1,619,361 income oper. $623,000 $0.51 of payable 1226, pp. other Federal while 1,576,442 10^1 from ry. 623,000 $896,000 company Earns, Net 1,201,000 will up to noon (EDT) on Aug. 13 receive bids at the office of Willkie, Owen, Farr, Gallagher & Walton, 15 Broad St., New York, N. Y„ for the purchase from it of $25,000,000 25-year sinking fund debentures due Sept. 1, 1977. are $ 3,801,819 June— Net 175, mortgage 4'/2% 1952—6 Mos.—1951 $ Reading Co.—Earnings— Gross 1,246,000 taxes declared stock, common par 1,609,2631 $7,889,000 2,097,000 taxes income 1,760,000 shares on 5.—V. The at 4,223,410 788,238 com. after 1951 $9,632,000 taxes The company on July 29 announced that it has called for 141,966,494 116,742,178 305,837,825 302,332,933 133,471,084 112,174,359 282,500,895 270,021,572 4,272,000 766,000 12,037,000 16,608,000 dividend for ■•Earns, income The directors have on ACCOUNT 1952—3 Mos.—1951 profit ^Preferred *Based 3,528,319 $2,841,550 and expenses Interest find Calls 4V2% Income Bonds for Redemption— INCOME $ of for earnings 1952 income income ♦Net earnings per common share countries. Period End. June 30— Red. Net other Seaboard Air Line (Including Domestic Subsidiaries) Erod. and before Provision America—Exchange Service— CONSOLIDATED •Cost sales Earnings 1949- 16,927,844$ (& Subs.)—Earnings— revenues Net oper. income before prov. for inc. income , The Norway and Sweden were linked to the United States on July 25 'by the TEX overseas radio teleprinter service which is operated by .RCA Communications, Inc. In announcing the opening of the two -■new TEX channels, H. C. Ingles, President of RCA Communciations, reported Net at 176, p. 148. Federal 176, p. 57. 6 Months Ended June 30— London 1950 132,812,140 128,505,915 108,268,000 36,778,508 32,765,996 27,241,594 15,314,661 13,138,259 12,745,080 income oper. Operating Operating Schering Corp. (& Subs.)—Earnings Up—To Pay Div. factory 15-year debentures $20,902,347 $20,702,468 $18,909,968 5,623,059 4,486,161 4,977,052 3,126,034 1,736,391 2,377,736 railway from State Construction temporary Ry.—Earnings— Net 2,213,542 income oper. ♦Deficit.—V. Plomb Tool Co.—New Factory in Canada— the Other 1— from from the* Bank, trustee, 70 Broadway, New York 15, N. Y.—V. 175b railway from railway ♦18,947 railway Jan. Net on 41,105 62,045 railway oper. From - 4,362,419 853,572 Net Gross that 29 12 Months Ended June 30— 1951 104,676 income oper. From Jan. 1— Gross 1949 $406,930 from HJet 1950 of business vote From Jan. 1— -Earnings— 1952 1951 to 57. p. June— 1952 close 5 exchanged for definitive 1952 from from Gross income— may Southwest Natural Gas Co. June— at Aug. on i'./S 706,600 St. Louis-San Francisco & Texas Ry. Pittsburgh & West Virginia Ry.—Earnings— record of meet 1960. p. Net 1,329,905 railway oper. 176, 1949 2,646,648 railway announced June— 1950 1— from 194S Production Co., Inc.—Definitive Debentures! debentures Gross 1951 $10,680,635 railway income— from Net railway oper. From stockholders company 3>/4% Ry.—Earnings— 1952 ry. 1950 certificate of incorporation is expected to be filed Aug. 7 to eittct proposed stock distribution of one additional share of common, 8,000 Turben July on Louis-San Net 1951 266,774,282 248,357,306 208,312,380 202,400,47'* 66,626,318 57,512,097 46,751,863 33,502,958 27,756,989 18,925,982 15,302,412 10,311,762) railway_ oper. Southern Net other proposal.—V. 176, p. 58. common from for Proposed Stock Split— A the par) of the Hilfinger-Jackson Corp., thus making the later company a wholly owned subsidiary of Ryerson & Haynes, Inc. There is no underwriting involved.—V. 172, p. 1138. Gross and ° 8,000 10,000 8,000 loans $48,593,845 $44,295,555 $42,946,546 $38,856,782} 13,358,695 10,049,862 12,693,144 9,793,5*7 5,829,469 3,076,211 4,910,503 4,000,591 Income oper. Net Co., The Ohio Co. Co p. From Jan. 1— Net Shepard bank 998. pay 174, 1952 Net covering 20,000 Gross from from 83,000 to used Co.—Earnings— from from the pur¬ 147. p. Gross un¬ to 15 filed a letter of notification with the shares of common stock (par $1) to be delivered to the Wesley Corp., along with $49,216 in cash, in exchange for 50,000 54,789 1,080,160 income oper. of the and Inc. 12,000 Davis & be purposes.—V. Shares Prescott, 1, 1972, to the Metropolitan Life June— expires follows: as 17,000 June— 1951 $193,594 37,214 58,161 railway railway from "Net aggregate an company to are corporate Southern Pacific reserved Scrip 147. 1952 from :Net scrip. Ryerson & Haynes, Inc.—Files—Acquisition— The SEC St. 'Gross Outstanding *566,240 shs. shares 197 dividend 12,000 Inc.— Co 176, Pittsburg & Shawmut RR.—EarningsJune— Co proceeds Net shareholders of Saunders, Stiver & Co. for The years. per Shields prepared food and Minneapolis, Minnesota, in 1869, a McDonald & Blair, Rollins & Co. Paul initially to the general working capital, capital of flour, feeds was ittilling for sale bakery formula headed stock of and UNDERWRITERS—Subject to the terms and conditions of derwriting agreement between the underwriters named below selling shareholders, the underwriters have severally agreed the The 1952. 1, notes due Oct. Insurance Co. 1952 Shares July 29 filed a registration statement with the shares of common stock, $25 par, to be offered through 30, 1,100,000 shs. outstanding surrender upon purposes chase proceeds aunds of :food on 160,000 APRIL OF value)___ par shares issuance of The of 4% general AS Authorized Common Pillsbury Mills, Inc.—Registers With SEC— JSEC Ufwd (L. C.) Smith & Corona Typewriters, Inc.—Notes Sold Privately—The corporation has sold privately $2,000,0€0 company and its Canadian subsidiary are engaged in the man¬ and sale of metal combination screen and storm windows, prime windows and metal combination doors. steel 4,047,000 $2,716,318 per of this offering, which is not underwritten, will be capital improvements and the liquidation of indebtedness. incorporated was on for income proceeds for corporation, of CAPITALIZATION Income company ufacture 1951 $75,918,727 $75,065,353 2,736,465 2,803,502 Total sales Sheridan Brewing Co., Sheridan, Wyo.-~Files— of the proceeds. any 53 The company on July 23 filed a letter of notification with the BHD covering 600,000 shares of common stock, of which 265,000 shares wOL be offered to the public at $1 per share, the remainder to be reissued to stockholders in exchange for the present stock held by them. The The 1952 sales (F. C.) Russell Co.—Stock Offered—A group of under¬ writers, headed by McDonald & Co., on July 30 publicly offered an issue of 83,000 shares of common stock (par $1) at $12 per share. All of these shares are being sold (465) Gas by to subsidiaries, of 953,530.8 shares Philadelphia. Step I-A propose© Standard Power of 31,000 shares stock in settlement of certain intercompany claims. Tb© plan approved July 25 is designed to provide Standard Gas with shares of Duquesne stock necessary proceedings thereon are to carry out Step I and Step I-A when completed.—V. 176, p. 148. several 331. (Indiana)—Sale of Holdings— Co. Oil Standard 457,301 57. This company and Rockwell Manufacturing Co.—Secondary Distribution secondary offering of 43,600 shares of common stock (par $2.50) was made on July 30 by Kuhn, Loeb & Co. and Blyth & Co., Inc. at $27 per share, with a dealer's Shareholders' Trust of Boston—Asset Value Up— The trustees A concession of 80 cents per share.—V. 176, p. 277. of this Trust outstanding 292,373 shares, The nei share were ; asset from value $25.90 at $7,900,701.—V. per the reports thfU at 'Jiihe* 30, an share 1951 175, p. increase of was year 1764. $27.02, 1952, an; fajfcrease in there were 28,586 since Dec. 31, 1951. of $1.12 per end. Total net assets at June 30 June shares Co.) stock actual The they of contracted Taylor Oil to Delhi. transfer of price through Delhi Oil Corp. on July 29 jointly announced tba* was for Gas Under the stock $20 Rauscher. & per the Co., the & Standard of its 388,249 1/2® by (formerly contract Petroleum Heat the final will take place on or share, Pierce sale and the Co.—V. p. & Power and the 1, 195a. is being handled) transaction 175, payment before Dec. 2381. ; 54 The Commercial and Financial Chronicle (466) It is estimated that $6,966,900 will be sufficient to construct the plant and place it in operation with adequate working capital. Of this, a net of $2,989,000 is expected from sale of the units. An additional Staten Island Rapid Transit Ry.—Earnings— June— Gross 1952 from Net from Net ry. 1949 $274,508 $252,685 17,095 *27,242 $253,628 17,512 *30,161 railway from Net ry. 8,461 *42,964 1,849,538 253,689 railway 1,714,575 1,366,422 1,450,575 126,198 8,583 5,904 *109,946 railway *172,649 *276,276 *287,145 income oper. $939,437 be received from the promoters at sold) and 96,875 $1.25 common is further with of to the First Houston, from the Steak Shake n of Illinois, 111.— Bloomington, Inc., together net plant of and The warrants Shareholders— per share, stockholders right of subscribe to of on stock common record of share for July before or 1 were Sept. 15 cents) 50 (par each 20 July 15 given the additional shares share at the rate on 22,000 for $3.30 at shares per oversubscription privilege. The members of the Belt family, who hold approximately 60% of the outstanding stock, have waived their legal rights of one new subscription. The proceeds This the cents). to both the holders latter transferred Missouri, as has an 50 shares Shake, of Inc. It stock common of the to Inc. the at for company Missouri of rate all company old of of share one the of one company. properties its and Florida, including ownership in Steak'n Inc., and transferred to the Illinois company all properties. The Illinois and Missouri companies each shares outstanding.—V. 176, p. 332. other its Shake, Arkansas of Florida, 440,000 Steak Shake n of of . . . . Illinois, Inc. above.—V. 176, Eastern warrants Transmission therefor.' the shares 21,601 The corporation SEC covering $100 par, July on 190,000 to for headed by Dillon, Read & Co. price and underwriting terms Net proceeds through underwriters Inc., of New York. to be supplied by amendment. be added to the general are the of financing will funds the company. The company also has entered into Bond Purchase Agreements with certain institutional Investors for the sale of $30,000,000 of First Mortgage Pipe Line Bonds, 4% Series due 1967. These of lunds will be in used connection estimated gram, to cost accrued at April or with the $135,533,000, of 30, company's which expansion $104,258,000 shares of stock common (par five cents) share. per The net Operating & INCOME Co.—— 300.000 City Co.— Dempsey-Tegeler & Co. 200,000 200,000 Grimm & Co. Caldwell Phillips Co. Whipple Bacon, 176, & pro¬ Other proceeds acquire oil and to are be leases, gas used and to repay promissory a drilling expenses.—V. for note 1952 from Net from 1951 1950 1949 $526,057 $553,496 $483,363 $378,370 140,544 153,288 188,419 Net ry. 95,764 39,590 39,463 79,843 30,005 3,424,314 3,507,004 1,420,685 2,540,292 971,834 2,327,126 399,296 404.257 224,410 railway railway — income— oper. From Jan. 1— Gross from Net ry. —V. railway——: from Net 1,325,066 466,854 railway income— oper. 176, (& Subs.)—Earnings Lower- 176, Income Strevell-Paterson Finance Corp., Salt Lake City, Utah —Files With Securities and Exchange Commission— The company covering shares will be at used July 21 filed on shares 313,668 100 $72.66 for of unit, additional Net stock to without underwriting. capital. working Corp. Divids. letter be offered Co., will York, New act (par $17 SEC July 24 on to realize 1,215 total a covering shares) $20,675, of of to per share) through Eastman, Dillon Bioren & Co., Philadelphia, Pa., who and/or The the (approximately sufficient Y., N. with shares (about brokers. as of $1), market at filed was number stock common & notification of unspecified will proceeds the to go SBN Gas the Co., Sept. 27, reported Sunflower State Oil Co., Inc. (Del.)—Stock Offered— Israel & Co. on July 30 publicly offered "as a specula¬ tion" issue of 300,000 shares of at $1 per share. an 10 cents) PROCEEDS—It drill a and to third There the test a no well 480 BUSINESS—Company of purpose and gas Its oil and and to It leases is the further In study Trego intention available become in of the such warrant July and gas oil 9, in 1952 and Delaware development of for likely St., Denver, will in States in be the Silver State Bank Building, 1636 initially Colo, and it intends to conduct operations Kansas, Colorado and Wyoming. of company owns controls on 480 in acres County, Kansas; 1,120 acres in Trego County, Kansas; 3,329.33 acres in Carbon County, Wyo.; and 736.30 acres in Phillips County, Colo. CAPITALIZATION GIVING EFFECT TO PRESENT The stock company covering the 10 (par cents): July 21 filed on above-mentioned letter of a 300,000 700,000 shs. notification shares of with the SEC stock common (par 10 cents). Arms, in installments tures the * and —V. 1954 the proceeds stock, of Texas. 176, 30, with common construction Christi, June together 25,000 a The will cost be 31, from used barrel the of Dec. to Power by the integrated refinery is sale refinery estimated at deben¬ Texas day Gas to Shares, Inc., Des With Securities and Exchange SEC corporation covering offered T. C. —V. at net Co., of value asset & filed shares 300.000 the Henderson 174, July 25 on Des Moines, Mississippi, along its million — at early an at stock share, la., (par plus who 25 sales will cents) load, act as to the be through distributor. 1200. p. Standard Oil (Indiana) above.—V. as 176, financing line, the of com¬ of additional first Telecomputing Corp., Burbank, Calif—^Files— The L. company covering McGaughy, share. per written, 24 shares who The will July on 989 of holds added from to letter a stock option an proceeds be filed capital this general to of to notification be offered purchase sale, which funds.—V. these is 175, with the Chalmers shares at $6 being'under¬ not p. to build authorized by the line that will carry 408-mile pipe a homes and industries in an million cubic feet utihty- customers the of more in natural Louisiana, Kentucky, Indiana, Illinois, and gas a Arkansas, Oh o. facilities will raise daily delivery capacity new 3,000-mile pipe line system approximately to bod day. a that but despite the would be delayed and to Net ry. oper From Jan. Gross the exact settlement the of steel from ry. corporation on July 23 filed a registration statement with the covering $3,000,000 of 5J/4% subordinate sinking fund debentures due Jfen. 1, 1963, and 300,000 shares of common stock (no par value) SEC to be offered in units each consisting of $1,000 of debentures and 100 shares of stock. The public offering price and underwriting terms are to be supplied by amendment. The units are labeled "speculative." Glore, Forgan & Co. is named principal underwriter. The company the purpose of duce ment principally and The plant owns was no organized under Texas law In made schedule.—V. 176, 278. p. Gross 1951 1950 $264,229 104,721 30,205 40,867 ry. 1,676,160 552,121 1,667,366 741,822 208,913 311,752 RR.- 1951 1950 $11,456,024 $10,592,087 2,717,339 1,686.730 income— 890,603 1,084,174 57,924.923 authorized 13,822,251 13,748,154 advantage 6,446,822 4,962,697 4,800,788 5,134,403 discount of 80 cents per share.—V. and constructing and operating a chemical plant to pro¬ dicalcium phosphate used as an animal feed supple¬ conditioner, and a contact sulphuric acid plant. executive property construction of Its other offices than chemical will the plant. be site Its located on at which promoters Texas City. It nows it has commenced are R. L. Wheelock, Chairman, Corsicana; W. I. Pickens, President, Dallas; S. A. Winfrey, Executive Vice-President, Dallas, and H. H. Coffield, Rockdale, Secre¬ tary and Treasurer. debentures entitles stock of $7.75 July debentures to except and to purchase at $6.75 company thereafter a and per June redemption upon total a plus the a development 102% issue fund by $600,000 ac¬ June of 30. the of leasehold Arkansas, 30, and warrant debentures to the at the option principal whicty is from properties interests of the amount. calculated to prior York ^Stock At which, as company, Exchange. stockholders' the meeting amendment the to of the the stockholders Oct. 4, 1951, plan of reorganization to the it a the of proposed is by no means certain that the regulations, when issued, will cover reorganization of this type. Accordingly, ..rather than delay the reorganization further, it is proposed to proceed with the plan presented to or adopted by the stockholders, and to complete the reorganization Sept. 27, 1952.—V. 176, p. 332. and on about sale of the for its in now held producing Louisiana, are 54 properties New and will company, and gas Carlton reflect 175, located in Oklahoma, be Wyoming, Nebraska and 323,543 $1.10 ♦28,465 Nil . • B. Waller, greater President, earnings in estimated that current operations will the third and fourth quarters.—V. /, United Air Lines, Inc.—Earnings— " Operating Operating in 1937, in located are revenues____ expenses from : $40,622,051 $29,143,302 $72,785,651 $56,924,994 33,142,494 25,770,371 63,138.539 50,556,422 $9,647,112 . 380.547 $6,368;572 1,332,000 5,484.000 2,983,000 $1,679,879 $0.75 $3,782,565 $2,738,558 $1.21 30, 1952 oper. $7,479,557 $3,372,931 deducts., (net)™ 162,682 361,052 4,187,000 earns, Federal and State \ T * 1952—6 Mos.—1951 1952—3 Mos.—1951 . 647,014 in¬ taxes used further Kansas, : " Period End. June 30— Net formed . $1,619,628 2636. p. Net purposes the leases share— $3,622,100 23,048 $0.08 317,991 $1.08 after taxes per com. $948,246 ♦Net loss. Other or leaseholds. the producing oil Mexico, Net earnings Earns, at $900,000 corporate properties under subsidiaries debentures general- $€,346,944 - Up— 1952;—6 Mos.—1951 1952—3 Mos.—1951 Period End. June 30— Sales come and loan take spin-off provisions of the Revenue Act of 1951, if it would be possible thereby to avoid the organization of one or more of the new companies. However, as yet no regulations have been issued under the spin-off provisions of the Revenue Act, and also company They retire Oklahoma, Kansas, Texas and New Mexico, Royalty interests 1,158 June 1959; The 1962. 30, maturity. bank BUSINESS—Through in ■ Complete Corp.—To shares 100 of share through through through redeemable are from sinking PROCEEDS—Proceeds retire holder including possible acquisitioh of additional owns 100% 1953. ranging of the thereafter non-detachable l, the share per share per to to priced at were to. 175, interest to yield 5% to maturity. is The ' '•' Film Unexcelled Chemical Corp.—Sales and Earnings common prices .-.-l Century-Fox theatre 21,204.823 dealer's amounted the stockholders 1951, new 57,769,214 2596. 1957; 4, a 476,594 332. the expensing the tax that corporation has entered into a Consent Decree with the Depart¬ Justice requiring its United States theatre exhibition business irom its production and distribution business. On 68,376,529 15,375,593 >.icome estimated is It of the corporation approved a plan of amended, contemplates (a) the organization to be called National Theatres, Inc., which will take over the interests of Twentieth Century-Fox Film Corp. in the common stock of Wesco Theatres Corp. and Roxy Theatre, inc.; (b) the organization of a new picture company which will be incor¬ porate iil Delaware under the name of Twentieth Century-Fox Film Corp. and which will take over the balance of the assets of the present company;..(c) the dissolution of the present Twentieth Century-Fox Film Corp.; and (d) the distribution of the stock in the new picture company and the new theatre company to the stockholders of the present Twentieth Century-Fox Film Corp. in exchange for their present shares, on the basis of one share of stock in each new company for each present share of the present company. Both these new companies have filed applications for the listing of their stock on the New of r warrant the accounting of 894,954 Royal.ty Corp.—Debentures Publicly Offered— An underwriting group managed by Granbery, Marache & Co. and Burnham & Co., on July 30 offered for public sale a new issue of $1,500,000 5% sinking fund deben¬ tures due July lr 1962 with stock purchase warrants at¬ of of system be*! divorced 73,823,991 railway— The - the following an¬ for the first six company Commission's Power ' reorganization 2.603,790 Co.—Secondary Offering— secondary offering of 8,000 shares of common stock (no par) was made on July 21 by Fulton, Reid & Co and Raffensperger, Hughes & Co. at $15.50 per share, $8.75 Corp.—Earnings— 25 made Reorganization On Or About Sept. 27, 1952— $9,704,759 2,308.568 share. per . 1949 ; $9,834,797 A Each Federal the Twentieth -Earnings Tokheim Oil Tank & Pump a Line 1698. -p. 234,316 Orleans railway p. Pipe Gas credits will be ex¬ hausted in November of this year, at which time the company will begin to accrue a tax liability on its earnings. Also, at that time the management feels that the company will be entitled to a rate increase to permit it to earn a reasonable rate of return after taxes."—V. 175, cents 80 562,832 211,849 railway 176, 1961. 175, p. earnings resulting from non-recurring tax credits, due to of interest and certain other items during construction, 1,554,844 602,822 railway oper. available, he said.—V. are earned for the six months ended June 30, 1952, $1.34 per Earnings from operations amounted to 54 cents per share while share. Oct. From Jan. 1— Net the on brought are 1952: of "Under 29,984 1,757,452 "for fertilizer months 70,690 1952 from largely depends and steel components Williams, President, on July concerning earnings of the A. nouncement $235,932 81,649 43,431 New oper. quarters fourth of steel supplies which mouths. six and third the for with Claude 1949 $261,731 income from tax. order backlog is normal, equal to approxi¬ shipments. Civilian and defense-connected busi¬ accounted for approximately one-half of the company's company's months' steel supplies if 332. from 2.56 $1.62 • outstanding balance, D. C. Minard, President, said. The current rate of new orders and shipments is adequate to, establish a record year in sales, to 123,561 railway p. ' into ment $311,646 railway 176, more 1950 speed Ry.—Earnings- income oper. entitled October, each ness 1— Texas & City Chemicals, Inc., Texas City, Tex.—Regis¬ ters With Securities and Exchange Commission— four production during the first strike, announcement could be no construction railway from $0.80 tlncluding excess profits NOTE—The from area estimated an railway from crued Texas $1.74 i- Transcontinental 1952 from Net tached. 813. $0.88 mately Corp.—Expansion Program— Toklan SEC 2.59 mortgage 148. p. " _—.—.- The p. Co. the 24-inch 7,341,15Q assets company cost Texas Mexican with Taylor Oil & Gas Co.—Transfer of Stock— See complete new . ——_—— current shares, 332. to to distributing date this time ry. with periods L. E. Ingham, Vice-President in Charge of Construction and Opera¬ tion, stated that a portion of the pipe is on hand to begin construction —V. statement the * enlarged Net Registers proposed $30,000,000 p. transport 240 30 cubic feet Corpus at acquired was for expenses $0.93 July 28 announced it hasf been gas Tennessee, from Commission— capital per Moines, la. registration a and 176, on will to over Net The —V. Ohio. to Net $15,200,000. 450,000 4,887,500 $33,700,000. Arrangements for financing the expansion have been completed. The new line will enable Gross Supervised stock Commission project finance to company oil of 278. p. the June— recent subsidiary, " or 9,485.346 —_ , ♦Adjusted to reflect the amount per share on the present $5,014,905 I " 4 ♦Earnings per share of preferred stock, $4.75% convertible series negotiating the sale of an additional $19,000,000 now natural Louisiana —V. 1958. a revenues PLANNED—To and program This corporation Eastman, Dillon & Co. have arranged a bank credit for Suntide Refining Co. in the form of a $10,000,000 4% promissory note pay¬ Proceeds wholly-owned a no $5,712,596 of $974,316 12,052,103 4,710,947 current liabilities— Ratio Outlook $21,000,000 additional Net able Inc., had and FINANCING bonds. Net Suntide Refining Co.-^-Arranges Bank Credit— 97,328 $0.96 preferred line Gross Outstanding 3,000,000 shs. 228,113 $0.45 June— FINANCING Authorized Common 59,454 $0.50 deliveries of pipe Graham $5,112,233 above. sold The $5,940,709 share— The company said for prospects. corporate office The funds organized was exploring Welton the the on Wyoming. geology if well County, Kansas, Colorado. Phillips County, commitments necessary future, to drill test wells, drilling. the in County, the second Graham on acres 72,638 Texas Gas Transmission (par $2,519,744 449,915 first Federal the tract 736 stock common complete acre the on Carbon or provided compay, to drilling present County, Kansas, the intended on well drill are is liabilities'- 5,498,677 July 1 and is pipe assets— current 225,000 1951, expansion pany current Total 4,887,500 ADDITIONAL its Total 2,317,117 $2,460,290 NOTE—Caddo on $7,429,350 Working capital 11,812 $1,047,645 15,443,256 5,*57,910 $528,839 $479,308 1,028,328 $2,978,564 224,946 5,498,677 com. 2,413,778 1,427,650 12,500 — $6,969,037 to stock— on stockholder. income 1,092,833 out.stdg.__ pfd. on 861,780 ___— $3,612,577 $3,051,202 inc. 3,381,745 2,321,600 1,390,619 961,000 127,261 inc.__ net of selling 318,609 1,440,308 - income on Minority interest Produc¬ net shares Earns, per Suburban Propane Gas Corp.—Files— A 63,848 taxes 381,618 _____ Eastern Com. an 126,482 Consolidated proceeds The income on $9,242,960 $21,417,645 $17,068,00! $9,954,845 before $3,432,320 _______ income tion with the SEC offered in units of be $7,302,089 deductions Texas letter of notification a common per 34,940,508 $6,650,428 Net 332. p. income 1952—6 Mos.—1951 1952—3 Mos.—1951 sales Net to income 767,745' 3?2. p. Net $42,242 597 $3,548,729 income Gross RR.—Earnings- Toledo, Peoria & Western Trane Co. $3,306,338 __ 50,000^ 50,000- been had 1952—6 Mos.—1951 ___ income — Reed, Lear & Co 148. p. June— Gross ACCOUNT 1952—3 Mos.—1951 $20,711,209 $20,930,301 $41,668,571 & taxes 17,404,871 17,431,572 35,018,143 exps. Operating Shearson, Hammill & Co. $200,000 Securities Corp.:—_ 100,000- Marache & Co. $300,000 Burnham tTaxes at nine cents Gran- whom acting as representa¬ the company the re¬ set forth below: debentures of amounts Granbery, Period End. June 30— revenues below, for 1952.- CONSOLIDATED Operating ; „ named With underwriting group The public offering an for ■ principal spective of public sale _ bery, Marache & Co. and Burnham & Co. are tives, have severally agreed to purchase from filed a registration statement with the preferred stock, first preferred series, 28 shares offered be Period End. June 30— Stout Oil Co., Denver, Colo.—Stock Offered—Stanley Pelz & Co., Inc., last week offered an issue of 2,225,000 reserved are debentures. UNDERWRITERS—The approximately Corp.—Registers $1,500,000 851,357 shs. 150,000 exercise of Securities and Exchange Commission— 332. p. purchase for issuance attached to 1, for a period any increase of value 70 cents)— (par issuance on which ♦Of the may paid Steak'n Shake, Inc., Bloomington, III.—Reorganized— See years stock options held by employees and 150,000 shares are reserved on exercise of the common stock purchase warrants to be event 1959, at a price of $1.25 holders, "at a cost of 2c per entitling the warrant thereby, an opportunity stock Common promoters funds Outstanding $1,500,000 *2,000,000 shs. 150,000 1962— 1, the part, Texas (par Missouri and the the necessary Common & Forgan construct working capital, the Bank —V. Steak'n of 500,000 Steak'n of Illinois to PRESENT FINANCING Authorized sink, fund debs, due July 5% obtained In warrant. per exercisable until June be Glore, to $1.25 at to 1952 gross operating assets $68,994 and net of TO EFFECT GIVING CAPITALIZATION agreement National is insufficient of balance the City $38,462 2c are initial The loan a sales irom to to participate in the market value company's common stock, which participation, in' whole or in be at the expense of other holders of Common Stock of the Company who, in the meantime, pending such possible increase in such value, assume all of the continuing risks of the business." of for reorganization of at financing loan to of shares warrants the under and sum thus covered seven Dallas common 48,125 will be shares common involved. presently outstanding shares of the Illinois company together with common stock of Steak n Shake of Missouri. Shake have an working capital and expansion. oiganized in Delaware earlier this year used be was the of is with The Inc., The will capitalization issued were underwriting corporation result authorized in No held, share in provide $1,300,000 of undertaken have be obtained additional 30,000 of to is Bank an with proceeds Rights to Subscribe for Additional Stock Given Minority The National sale Co. 58. p. 750,000 of per $3,000,000 while the ♦Deficit.—V. 176, of sum sale the profit $638,782, was ended May 31, six months EARNINGS—For the Income earnings $144,988. share (including 125,000 shares previously stock purchase warrants at 2c per warrant. A 1— from Net 41,915 *20,482 income—_ oper. Prom Jan. Gross 1950 $317,340 railway 1951 1952 Monday, August 4, . . . owned Texas, Illinois. earnings ♦Earns, Total per com. share_ operating $3,129,875 $1.17 revenues ♦After preferred stock Total revenues for the dividend 12 months „ $1.43 ended June requirements. 12 months ended June 30; 1952 to $143,658,451, while net earnings after taxes totaled $9„607,104, or $3.73 per common share, after deducting preferred dividend operating for amounted requirements.—-V. 176, p. 332. the (467) United Corp.—Earnings Higher— In Six Mos. End. June 30— Total income Income Net early South $1,642,784 July Jersey share a 345,625 share per United's Gas $1,501,837 $0.12 entire investment stock common sold was of 154,231.8 for shares $2,371,930 (before 1952 of the of stock, Public United's Net on based —V. in market on the Fi~>al Niagara 30, compared of with value, with Plan Mohawk 1 o2, totaled net assets $61,858,672, the Mohawk of part to 30, . Period End. June 30— Oper. & exp. Gross Net Subs.)—Earnings— 1952—12 Mos.—1951 $18,447,415 9,274,548 8,555,540 17,408,243 $1,453,564 $1,322,531 $2,345,672 $2,244,680 559,701 Net 923,682 1,143,133 1,944,300 income $2,013,265 $2,246,213 $3,438,805 $4,188,980 336,480 282,471 656,017 564,124 deductions & $1,963,742 $2,832,788 $3,624,856 other . deducs. interests Net income U. G. & I. —V. 218,738 from ry. 195,596 353,658 339,257 Co $1,458,047 $1,768,146 $2,479,130 1,230,740 1,566,371 1,230,740 $1.13 $2.01 $2.10 of Corp.—Secondary Offering—A 21,000 shares of stock common and on July 28 by Hornblower & Weeks Paine, Webber, Jackson & Curtis, at a fixed price of $28 per share (net), with share. The offering directors share of had 175, dealer's discount of 75 cents a oversubscribed was and the the on record at July close Chairman 29 preferred of Corp.—Regular Dividends— stock, per share on the stockholders of record at the the on Aug. Aug. common Board, quarterly payable business cents of declared 5, 20, 1952, 1952, stock, announced dividend a and payable to that the per stockholders dividend a Sept. 75 1952, 10, of to close of business on Aug. 8, 1952. The complete cessation of the major part of U .S. Steel's operations because of the steel strike has prevented the accumulation of fi¬ nancial and statistical data usually reported at this time. Such, information The 26, steel 1952, of will strike on America increase The this be the began basis (CIO) of as June a 16 in cents soon 2, settlement is estimated at can be and was terminated with the 1952, other among hour per employment it as settlement providing, averaging increase released to things, U. than more United retroactive costs S. developed. for to a as wage $150,000,000 per rate year Mobilization 1952, by is steel and alloy in per equivalent this and steel carbon $5.20 This with stainless prices is not to the order ton, or of prices to 4.7% steels. about of be to 'Ac than of at full the in pound, Defense of as July the on 26, average. prices of carbon apply to the prices of two-thirds this of officials recent employment Universal Consolidated Oil of average will Government increase Director increased, per present More by Acting increase including costs, current the are percentage attributed steelmaking and an steel same to freight increase in past increases rate increase, costs.—V. 176, p. 370. Co.—Distribut'n Approved ' The plan of of the York Newr of Curb this company record capital at the stock Commissioner close for of 1951 1950 1949 $86,225 $104,680 $98,155 "21,427 "15,974 "31,365 "12,632 "14,499 "29,962 741,861 489,865 597,967 836,210 "117,247 176, "211,113 "134,507 "80,026 "131,397 income— Exchange has been notified that to distribute to its $10 par capital of each business capital Corporations July the proposed stockholders 15, share of the 1952, one additional share held, has been approved by State of California. Western the portfolio 176, June "207,804 "150,583 10, begin the production of alloys plant now under construction at $8,000,000 for Union in Northwestern late a in August 120-acre site alloy-producing plant at Graham, Co.—Earnings Off— 1952—3 Mos.—1951 thereupon stockholders.—V. transfer consideration, the be all of among Debentures, dissolved 174, entered of and into other Series said an Nine Net things, A due Months Ended Cost of goods sold Net profit Other Debentures (& profits Net $1,791,616 $3,537,638 $3,431,287 1,202,264 2,269,355 2,277,531 302,078 285,676 599,927 221,711 185,230 450,852 355,375 $107,936 $118,446 $217,504 1952 from expenses $0.52 $0.95 $1.02 from from ry. A railway of 21,000 Net Net 1951 1950 1949 $3,447,842 $3,705,247 $3,016,791 1,173,023 1,428,688 1,237,920 581,786 688,377 869,266 railway railway 22,205,306 14,870,104 —V. 176, 9,320,092 5,412,919 6,223,056 4,343,185 3,804,003 4,099,471 $2,458,290 539,065 4,499,880 148. p. Net Months Co. (& Subs.)—Earnings— Ended June 30— 1952 sales interest, deprec. and income taxes charges 2,826,507 for takes Earnings 295,000 28, 1951, in¬ in cash in lieu , on share—— $0.57 Jr. Co. (& Wholly-Owned 1952—3 Mos.—1951 Subs.)— 1952—6 Mos.—1951 income $19,884,473 $18,891,855 $38,339,590 $37,203,832 Profit before taxes 5,044,620 4,862,108 9,709,972 10,106,515 Federal income tax— 2,203,396 1,979,137 4,356,434 4,104,937 Fed. exc. profits tax 103,000 195,000 453,000 Foreign Govt. inc. taxes 417,891 251,640 598,205 515,226 Net earnings "Earns. Net $1,658,974 $2,424,333 $2,528,331 $4,560,333 $1.23 $1.28 $2.32 $2.55 277,064 256,465 470,026 528,242 share— per of earns, subs, included "Based on above- 1,968,484 York Corp. (& shares income outstanding.—V. 175, p. 2119. Subs.)—Quarterly Earnings— Period End. June 30— 148. $5,033,352 foreign $1.22 !— . Wrigley Period End. June 30— 2,897,474 $779,747 - per 176, p. $666,000 Dec. 312,561 1,559,905 income on 22,000 1,082,000 *731,000 stock Total 99,880 375,166 Net profit —V. 4,968,838 111,689 Depreciation Provision (estimated) the New York Stock Exchange on July 28 by Paine, Webber, Jackson & Curtis at $44 per share, with a dealer's commission of 80 cents per share. It was com¬ pleted.—V. 176, p. 187. 1951 $25,736,748 $28,363,230 Profit before Interest taxes 560,000 $432,000 income (F. W.) Wool worth Co.—Special Offering—A special offering of 37,584 shares of capital stock (par $10) was 18,340,106 income— oper 38,000 Federal dividends of $305,000 and stock dividends of $426,000. dividend of 10%, paid to stockholders on (Wm.) from ry. $1,770,000 384,687 23,838,479 9,003,337 railway income oper. from 37,000 $1,030,000 issue of 28,396 shares and payment of $5,000 issue of fractional shares.—V. 174, p. 1996. From Jan. 1— Gross $1,733,000 i income made 1952 Net 11,069,000 $1,009,000 operations deductions for 1951 11,279,000 —_ $232,385 $0.48 share Virginian Ry.—Earnings— Net its to $12,288,000 $12,802,000 and Dividends 565,996 1764. p. distributed volved the taxes-,.- per to issuance "Includes cash ex¬ income 175, the Northwestern Subs.)—Earnings— May 31— income Net < expenses and of 1980. and dated property 2492. p. sales Provision 1,149.224 sold income agreement Northwestern's 1952—6 Mos.—1951 $1,780,949 • Selling, general and adFederal of for Co.—Acquisition— Company the of would Other Victor Equipment Period End. June 30— goods un¬ part each 96. p. Total of into Union Telegraph "129,668 will the company's new Va.—V. 176, p. 148. Cost securities minor a Union 1952 Western of America—Building New Plant— from sales of forms converted on Northwestern near Cambridge, Ohio, it was announced on July 28 by William C. Keeley, President. The new properties are situated about 100 miles W. that business, which now applicant, will be the of 370. p. modern from Webb & Knapp, This Inc.—To Cease corporation formerly known applied to the SEC for to be Investment In an Company persons December, William investment Act; until 1951, an company and Aug. 13, the as Investment Firm— The American order ^declaring as has ceased interested accordance estate Telegraph Company (N. Y.) filed an application July 25, 1952 for qualification of a Trust Indenture covering $2,000,000 of Debentures, Series A due 1980 (interest rate 43A%, subject to Section 3.3 of the Indenture). Western to corporation Corp., result contemplated real assets 1952—3 Mos.—1951 1952—9 Mos.—1951 accrued . July 1. a is the corporate purposes.—V. "Gross operations. In general ; Steelworkers March Steel on to (File 22-1275) "35,387 railway new Six $1.75 of it and corporate 55 1852. 2119. p. Steel Fairless, on 8, 1— Walworth States Aug. on the the for "39,138 June— secondary offering (par $1) was made United bills tions; related Wilson Jones Co. Gross Benjamin F. due 1,566,371 $1.19 books closed—V. transactions $3,285,599 United States Plywood per of for $73,150 Vanadium Corp. —V. 1375. p. distribu¬ Western Union Telegraph railv/ay oper. Earnings share 175, Jan. from cess to Average shs. outstanding Earns, per „ min¬ applic. settlement accompanied by must be redeemed bills income ministrative $1,676,785 divids. due railway Deficit—V. Net ority in capital par the certificates 16,202,735 income prior 1952, $10 ex All a $19,753,915 income Pfd. these 11, held. must be railway oper. From Gross 1951. $9,878,071 income Income 1952, share 1952 ry. * $10,728,112 taxes Operating Other (& 1S52—6 Mos.—1951 revenues July 1952, the Exchange the on each 2295. from Net at Operating quoted for 5, Ry.—Earnings— frcm This United Gas Improvement Co. Aug. 5, and be share after June— share, a June to p. Net se¬ $4.95 $4.77 or on company will additional Aug. on The Net stock. corporate equal share, a Power comply with remaining sale in 173, Utah to disposition $67,102,611, of authorization, delivered distribution, Gross 1948. common $69,637,206, of $4.26 or is Power investments 148. p. Niagara a step in the Final Plan Company Act. The only unaer June 31, 1951 and 176, as Holding necessary share. These Dec. maae investment assets curities on was Utility securities of holding of 20,196.1 shares the prior —V. market a this one stock made of months United's class A of $15,379 or deducting expenses), which compared with a share, when United acquired the stock in together with the sale during the first six sale, of of the $0.10 price of $3,875 This tion $1,847,462 3.2,438 income In 1951 $2,015,222 charges Earnings stock 1952 1 view within has SEC the issued 1952 to request Applicant entered a into Superpower that it has meaning an an giving agreement with Zeckendorf whereby the latter, who then owned 333 shares (100%) of the outstanding stock of Webb & Knapp, Inc., a New York corporation shares him of to in engaged applicant 1,000,000 in the real estate consideration shares of of applicant's dealing and a quently in pfd. per com., Orders "Contracts which tBased stock, $1.50 the corporate name and board of directors. and cluded on in tributors not are earnings, they gross and in will number recorded $1,588,424 $2,259,115 $7.61 $11.44 $16.27 $1.37 $2.05 share- $0.88 booked anticipated $1,056,842 $6.80 share- _ executed over proportion become of $0.99- $15,868,980 $17,988,225 $45,652,593 $50,123,411 June 30-^. 19',452,630 17,433,047 tUncompleted contracts, second preferred $943,901 per shares income. 85% as or a period of time are included they become complete, if it more outstanding Does not for service, accessory until shipped.—V. 176, complete at include June orders equipment p. and 30, on as the 1952. hand supplies in is year-end. tNot in¬ from dis¬ which are 96. and business; in plan earnings tEarns. sales company to a business primarily engaged in investing real estate and in securities incidental to such change the Net tEarns. business, agreed to sell such the issuance and delivery to series, and 11,707,004.7 shares of its common stock. On June 30, applicant's stockholders approved the changes in capitalization neces¬ sary to effect the plan; a change in the corporate purpose from an investment $18,971,623 $16,734,149 $44,675,676 $45,730,837 Income before inc. taxes 2,064,566 2,340,632 3,560,289 4,920,295 Income taxes (est.) 1,120,665 1,283,790 1,971,865 2,661,180 the of order hearing thereon. sales Zonolite Co., Chicago, 111.—Files With SEC— Subse¬ consummated, and Webb & Knapp, Inc. (New York) became a wholly-owned subsidiary of Webb & Knapp, Inc. (Delaware). As a result, the real estate holdings of the subsidiary became the principal assets of the applicant, which is now managed and controlled by persons primarily interested in real estate opera¬ was The SEC company covering a on July maximum 24 of filed a letter of notification with the 60,000 shares of common stock (par $1) during the next year to key employees who hold options, at not exceeding $5 per share, without underwriting. The proceeds will be used for working capital.—V. 176, p. 187. to be offered 56 Chronicle The Commercial and Financial (468) . Monday, August 4, 1952 . . STATE AND CITY DEPARTMENT NEGOTIATIONS BOND PROPOSALS AND ALABAMA Crescent-Elk Elementary Sch. Dist. (Del Norte County), Calif. Bond Sale—The $263,800 build¬ Clay County (P. O. Ashland), Ala. Sale Warrant The — of issue $250,000 gasoline tax anticipation warrants was purchased by a syndicate composed of Thornton, Mohr & bonds offered on July 15—v. 175, p. 2637—were awarded to the Bank of America National Trust ing & of Association, Francisco, as 3Vis. Savings of bonds. building Ala. $124,000 Marion, first natural gas revenue on July 24—v. 176, mortgage bonds offered >jjp. 279—were awarded to Sterne, Agee & Leach, of Birmingham, as 3.40s, at interest net a Dated cost of inclusive. 1969 Principal and in¬ terest (M-S) payable at the County Treasurer's office. Legality approved by Orrick, Dahlquist, Neff & Herrington, of San Fran¬ cisco. about 3.93%. Public Ivanhoe Tallassee, Ala. 000 issue of obligation water purchased by a composed of the First bonds syndicate was National Bank, Thornton, Mohr & Co., both of Montgomery, and Hugo Marx & Co., of Birmingham, 2s, as about Due at net a interest cost of 1.98%. on Dated July 1, 1952. July 1 from 1953 to 1962 Utility Dist. 1, 1954 callable. Legality are approved by White, Bradley, Ar¬ ant, All & Rose, of Birmingham. liams, Clerk of Board of Directors, receive will bids sealed until 8 Aug. 4 for the pur¬ sewage disposal system bonds. Dated Oct. 1, 1952. p.m. (PST) on chase of $160,000 Due Oct. on 1 from inclusive. 176, Principal payable at (A-O) Sch. Dist. Lincoln 1954 to and the 1980 interest County & Navajo County Sch. Dist. No. 3 Holbrook), Ariz. bonds p. 372 —were awarded to Refsnes, Ely, Beck & Co., of Phoenix, and about of & a 2.86%, about Co., net as of interest follows: a basis 1.92%. Sch. Dist. - (Placer County), Calif. Bond Offering—Lillian Rechen- Denver, macher, County Clerk, will receive cost of ' sealed bids until 11 a.m. (PST) on Aug. 4 for the purchase of $179,- building bonds: $33,000 000 300,000 building bonds: $54,000 2MjS, due on July 1 from 1953 to 1957 inclusive, $146,000 2%s, due on July from 1958 to 1967 inclusive and $100,000 3s, due on July 1972 inclusive. Pinal 1 from 1968 to Palo Alto Unified Sch. Dist. County, Casa Grande Union Florence), Ariz. $600,000 bonds offered on July 21—v. 175, p. 2739 Sale—The awarded —were Rogers 2y8s. & Zuber, to of Woodward, Tucson, & Herrington, of San Fran¬ 372—were awarded to a syndicate composed of the Bank of America National Trust & Sav¬ 176, ings Association, of San Francisco, Harris Trust & Savings Bank, of Chicago, William R. Staats & Co., Los Angeles, J. Barth & Co., bacher cisco, as 24 Long Beach Unified Sch. Dist. (Los Angeles County), Calif. Bond Sale —The $8,500,000 bonds offered on July 29—v. 176, p. 372—were awarded to the Bank Phoenix. CALIFORNIA College Sch. Dist. (Santa Barbara County), Calif. • 176, bonds offered p. Bank & Sale—The Bond $60,000 on build- July 28—v. 188—were awarded to the of America Savings Francisco, Co., San of all Fran¬ E. Pollock & Co., of City, Stone & Young- Wm. berg, H. E. Work & Co., both of San Francisco, and C. N. White & Co., of Oakland, as 1.80s, at a price of 100.05, basis about 1.79%. Sch. Redlands 176, Dist. (San Bernar¬ 188—were awarded to the p. Bank of National America Metropolitan Water Dist. (P. O. Los Angeles), Calif. Bond Sale—The $4,000,000 Colo¬ rado River water works election on July 29— 176, p. 279—were awarded to a syndicate composed of the Bank National Association, of Trust •. San «i ings Association, American Trust Co., both of San Francisco, Chase National Bank, of New York City, Blyth & Co., of San Francisco, First Boston Corp., First National Bank, of Portland, Merrill Lynch, Pierce, Fenner & Beane, R. H. Moulton & Co., both of San Fran¬ cisco, National City Bank, of New York City, Northern Trust Co., of Chicago, Weeden & Co., J. Barth & Co., and Lawson, Levy & Wil¬ liams, all of San Francisco, as 2*4s, at a price of 101.92, a basis of about 2.15%. Mineral King Union Sch. Dist.,r< (Tulare County), Calif. > < Bond Offering—Claud H. Grant, • County Clerk, will reeeiye sealed bids until 10 a.m. (PST) on Aug. 5 for the. purchase < of $130,000 building in¬ at the payable (F-A) County Treasurer's office. Sch. a.m. (EST) on Aug. 12 for the purchase of $160,000 water system revenue-1952 certificates. Dated Jan, 1, 1952. Due on July 1 from 1971 to 1980 inclusive. The cer¬ interest 176, p. 372—were awarded to the of America National Trust IDAHO Bank & Association, of San 314s, at a price of basis of about 3.07%. Savings Francisco, 101.64, a Craigmont), Idaho Offering—Andy I. Jacobs, (PST) on Sept. 15 for the purchase of $975,000 building bonds. Dated Sept. 1, 1952. Due on Sept. 1 from 1953 to 1977 inclusive. Principal and in¬ until 2 bids the (MST) (M-S) payable at the office of the County Treasurer. Legality approved by Orrick, Dahlquist, Neff & Herrington, of San Fran¬ cisco. COLORADO (City and Coui&y), Colo. & Dick Dawson, of Denver. 176, p. 96—were awarded to composed of the Co., of San Fran¬ cisco, Northern Trust Co., of Chi¬ cago, Weeden & Co., of San Fran¬ cisco, and McDonald-Moore & Co., of Detroit, at a price of 100.03, a bonds. ILLINOIS County (P. O. Chicago), III. Cook Offering Warrant Commissioners, will receive sealed bids at his office, room 547, Building, Chicago, until (DST) on Aug. 12 for the purchase of $6,400,000 1952 corporate fund tax anticipation warrants. Legality approved by Chapman & Cutler, of Chicago. County 10:30 a.m. interest net cost of about 1.81%, follows: as Treasurer, sealed bids 400,000 1X/2S. Due on June 1 from 1956 to 1965 inclusive. 320,000 13/4S. Due 1966 to June 1 from on interest payable at the National ford 1974 to 1977 inclusive. Indianapolis and the Browns¬ Loan & Trust Co., of & as l%s. Trust Sale —The Bond 1952 bonds offered on nicipal of July 29 — Corp., 176, v. to awarded and the 373 — were Securities p. City & Indianapolis Bond Corp., both of Indianapolis, Share Hart¬ jointly, as l%s, at a price of 100.34, a basis of about 1.58%. Co., approved Ind. $100,000 Mu¬ Decatur, by & Howard, of Hart¬ Berry Day, Bank Legality Securities Corp., Indi¬ Day, 12 for the purchase of $2,- Hartford. 160,000 2s. Due on June 1 from office of 520,000 school-1952 bonds. Dated Sept. 1, 1952. Due on Sept. 1 from 1953 to 1972 inclusive. Principal and 1973 inclusive. the im¬ $50,000 town Berry & Howard, 750 Main Street* Hartford, until 2 p.m. (DST) on Aug. $120,000 5s. Due on June 1 from at Sale—The Bond provement 1952 bonds offered on July 24 — v. 176, p. 280 — were awarded to a syndicate composed receive Brownstown, will Schools Corp. Con. (P. O. Brownstown), Ind. of Griswold, Bond Offering—C. M. INDIANA Brownstown anapolis Bond & Share Corp., both Wethersfield, Conn. Town J. Richard — Daley, Clerk of Board of County of the City CONNECTICUT syndicate a American Trust on p.m. terest Denver Aug. 7 for purchase of $270,000 building until 2 p.m. County Clerk, will receive sealed bids sealed receive will Clerk, County), Calif. Offering—C. L. Hiddleson, Bond (P. O. Joint Sch. Dist. No. 303 Bond (Yolo Sch. Dist. Woodland Class B, Lewis and Idaho Counties as Trust building bonds offered on July 28 —v. Chap¬ City. Legality approved by & Cutler, of Chicago. man ing bonds offered on July 29—v. Savings $1,000,000 Principal callable. are (J-J) payable at the Chase National Bank, New York build¬ $50,000 Winifred — City Auditor and Clerk, will receive sealed bids until 11 and County), Calif. Sale—The Offering Certificate E. Sharp, tificates (Los Angeles Dist. Bond Offering—T. P. Campbell, Association, of San Acting Mayor, will receive sealed Francisco, as l%s, at a price of bids until 10 a.m. (MST) on Aug. 100.53, a basis of about 1.67%. 15 for the purchase of $4,000,000 off-street parking revenue bonds. Santa Barbara Sch. Dist. (Santa Dated Aug. 1, 1952. Legality ap¬ Barbara County), Calif. proved by Pershing, Bosworth, Bond Sale The & ]JElkhart School City, Ind. Offering—Stanley A. Ray- ford. Bond ings Association, of San Francisco, and Associates, as 2V4s, at a price of 101.51, a basis of about 2.11%. of America National Trust & Sav¬ Offering—Eleanor K. Ro¬ bertson, Clerk of Board of Super¬ visors, will receive sealed bids until 2 p.m. (MST) on Aug. 4 for the purchase of $150,000 building bonds. Dated July 1, 1952. Due on July 1 from 1954 to 1973 inclusive. Principal and interest (J-J) pay¬ able at the County Treasurer's office. Legality approved by Gust. Rosenfeld, Divelbess & Robinette, in g & York New Co., Merrill Lynch, Fenner & Beane, Schwa- Pierce, 1953 to 1955 inclusive. v. County Sch. Dist. No. (P. O. Florence), Ariz. of p. cisco. of 1931 bonds offered Pinal Bond build¬ and inclusive. Principal 1966 terest Bond ing bonds offered on July 28—v. Aug. 15, from 1953 to Dated bonds. (Santa Clara County), Calif. Bond Sale—The $850,000 of America National Trust & Sav¬ High Sch. Dist. No. 2 (P. O. Bond 1952. Due Neff inclusive. ^ San building 1952. Due on Aug. 15 Walnut — building bonds. Dated Sept. 1, on Sept. 1 from 1954 to 2^s, due on July 1 from 1953 1972 inclusive. Principal and in¬ to 1957 inclusive, $91,000 2%s, terest (M-S) payable at the due on July 1 from 1958 to 1967 incl., and $61,000 3s, due County Treasurer's office. Legal¬ ity approved by Orrick, Dahlquist, on July 1 from 1968 to 1972 $185,000 of Aug. 5 for the purchase of $71,000 ing bonds offered on July 21—v. awarded to Co., of San Francisco, & Lincoln Union High July 28—v. 176, at (San Joaquin 372—were p. Sale—The $485,000 Boettcher jointly, Association, Savings Trust County), Calif. Bond Sale—The $350,000 build¬ 2s, at a price of 100.46, as (P. O. on National America of dino County), Calif. Bond Sale—The $69,000 build¬ ing bonds offered on July 28—v. Weeden Bond 188—were awarded to the p. Francisco. Treasurer's office. 176, ARIZONA offered (Santa Dist. ing bonds offered on July 28—v. Bank Grant, Clerk, will receive sealed bids until 10 a.m. (PST) on County), Calif. Sale—The $155,000 build¬ Bond Pompano Beach, Fla. Tulare County Barabara inclusive. The bonds maturing on Jan. Sch. Union Orcutt Calif. Bond Offering—Claud H. 1 FLORIDA (Tulare and King Counties), the at County Treasurer's office. Dean Witter & (Tulare County), Calif. Bond Offering—Joel B. Wil¬ $100,- general works payable (F-A) Traver Joint Sch. Dist. of Sale—The Bond terest 1, Sept. 1952. Due on Sept. 1 from 1953 to Sale —The Bond inclusive. 1966 San Montgomery, Odess, Martin & Herzberg, and Watkins & Morrow, both of Birm¬ Davis Joint Elementary Sch. Dist. ingham, as l%s, at a price of 98.87. (Yolo and Solano Counties), Dated Aug. 1, 1952. Due on Feb. California and Aug. 1 from 1953 to 1962 in¬ Bond Offering—C. L. Hiddleson, clusive. Legality approved by County Clerk, will receive sealed White, Bradley, Arant, All & bids until 2 p.m. (PST) on Sept. 15 for the purchase Hose, of Birmingham. of $180,000 Co., from 1953 to Principal and in¬ 1952. Due on Aug. 15 Port District Stockton (P. DELAWARE O. Stockton), Calif. Bond Sale—The $600,000 ware- Delaware (State Bond 1952 general obligation Dowell, bonds offered on July 30—v. 176, house - 372—were awarded to a syndi¬ p. cate of composed of Weeden & Co., San Francisco, Harris Trust & Savings Bank, of Chicago, Heller, Bruce & Co., of San Francisco, and Shaughnessy & Co., of St. Paul, at interest net a 1.93%, as cost of about July 1 from on 1955 to 1957 inclusive. 65,000 6s. Due on July 1 from 1958 to 1961 inclusive. 520,000 l3As. Due 1962 to on July 1 from 1972 inclusive. High Sch. Dist. (San Diego County), Calif. Offering — T. H. Sexton, County Clerk, will receive sealed Bond until 10:30 (PST) on Aug. 12 for the purchase of $150 000 building bonds. Dated May 15, J95L>*Due on May 15 from3|974 .to Secretary sealed until B. Mc¬ until bids a.m. 1 (DST) on Aug. 13 for the purchase of $15,987,000 bonds, as "/he ,Coupiy tTrea^uj-er^tpffic^ (CST) on Aug. 15 purchase of $50,000 im¬ - 1952 bonds. Dated p.m. July 1, 1952. Due on July 1, 1953 to Jan. 1, 1963. Interest (J-J). Le¬ p.m. follows: gality approved by Ross, McCord, Ice & $5,000,000 State Highway im¬ provement — 1951, series B bonds. Due on Sept. 1 from Miller, of Indianapolis', Johnson No. Bond 1972 inclusive. capital improvement— 1951, series B bonds. Due on Sept. 1 from 1953 to 1972 in¬ clusive. Township (P. O. R. R. 1, Eckerty), Ind. Offering yutoISiT* i •«<> & M will until a.m. of 3,337,000 school—1949, bonds. Due on series Sept. 1 2,600,000 school— 1951, bonds. Due 1953 to on B Due A bonds. from 1953 to 1 Due Township Jan. Sept. 1954 to inclusive. 1 bonds The 1952. 1972 inclusive. from 1954 1964 to Interest dated Sept. 1, (J-J). Legality ap¬ are by Ross, McCord, Miller, of Indianapolis. proved bonds are dated Sept. 1, Principal and interest (M-S) at the Farmers Bank of of Delaware, Dover. Le¬ gality approved by the Attorney- the&tate "5 bonds. from 1 inclusive. The 1952. on Jan. on . on 10 5,400 Civil Township bonds. Due from 1972 inclusive. 2,000,000 Veterans' Military pay, series B School $5,400 1964 1 bids (CST) on Aug. 9 for the purchase $10,800 school bonds, as follows: from series Sept. sealed receive Bond improvement r bonds Co., of Cincinnati. : * ♦ *. ■1 ■ Ice & North Liberty, Ind. Sale — The $8,000 Gei^eral of the State and by Reed, July 28 — v. 176, Nef£y&, Herrmgtom ;o£ Sgn Fran- Hop & Washburn, of New York awarded to Frank bauds., Dated', Aug.; f 15, Kenneth — Trustee, Township Speedy, 3,050,000 iQlfo inclusive. Principa^Jmd payable interest jtM-Ji): payable 0ab 3 the for State, provement of 1953 to 1972 inclusive. Sweetwater Union bids receive will 1953 to follows: $15,000 l3/4s. Due Offering—Harris Jr., Secretary of Board of School mer, Trustees, will receive sealed bids of) . „ p. street offered on 373 — were E. Hailstone - ■ & . . H\ i.f vr.V. U- •'.» ,n Number 5139 yolume 176 . . . The Commercial and Financial Chronicle School Township (P. O. Augusta), Ind. \ Bond Offering—Phillip E. An¬ derson, Township Trustee, will re¬ Pike * New * sealed ceive until bids 10 a.m. (CST) on Aug. 8 for the purchase City, J. R. Ross & Co., of Newark, of New York City, W. E. Hutton and George Eustis & Co., of Cin¬ & Co., Coffin & Burr, and Chace, cinnati, at a price of 98.68, a net Whiteside, West & Winslow, all of interest cost of about 2.87%, as Boston, at a price of 101.33, a net follows: interest $1,390,000 of $20,000 building bonds. Dated July 15, 1952. Due on July 1, 1953 to Jan. 1, 1963. Interest (J-J). Le¬ 6,210,000 on Sale—The $550,000 sew¬ works revenue bonds offered July 29—v. 176, p. 373—were awarded to the City Securities Corp., of Indianapolis, and Asso¬ ciates. County (P. O. Rushville), bonds Due ties Aug. 1 Emerson bonds: due July Elementary on 1962 $40,000 23/4S, 1 from 1954 to inclusive, and $85,000 3s, due July on 1 from 1963 to 1977 inclusive. Lee clusive,. and $47,000 3s, due on July 1 from 1963 to 1977 in¬ clusive. Bond Sale—The issue of $1,800 improvement bonds was purchased by L. A. Heine, as 5s, at a price of 100.16, a basis of LOUISIANA Church Point, La. 4.97%. Certificate W. Frost, Directors, of Board of sealed bids until 2 p.m. (CST) on Aug. 11 for the purchase of $180,000 improvement from 1953 to for 5 Offering—Howard Payne, will receive sealed 10 series A 1952. Due facility bonds. 1973 inclusive. assessment, & 15 from 1953 to the Bank of City in Detroit, Chicago or New York City. Legal¬ ity approved by Miller, Canfield, & Stone, of Detroit. 1 from Sept. 1, 1954 to City. bonds Cox & — The bonds. Due 2*4% bonds. 1967 inclu¬ sive. dated Aug. 1, 1952. Principal and interest pay¬ able at the after or Judell, of New Orleans. are State 2.07%, as 1965 to on 1969 9,000 l3/4s. Due April Genesee County, Sale—The $400,000 offered on Trust & bonds July 29—v. 176, p. 373 awarded were — to the Harris Savings Bank, of Chicago, 2.10s, at a price basis of about 2.09%. as of 100.06, a Treasurer's of¬ Board The bonds matur¬ Interest (J-J). Legality approved Miller, Canfield, Paddock & Stone, of Detroit. by MINNESOTA Belview, from April 1, 1970. Sjaaswill receive sealed bids until 8 p.m. (CST) on Aug. 13 for the purchase of $58,Village $750,000 sew¬ were awarded sewage disposal plant bonds. and Bank of Com¬ Citizens the American State Mankato, Bank, Bank, all l%s. as Marshall County Indep. Con Sch. Dist. No. 65 (P. O. Strand- Sale—The $125,000 per¬ improvement revolving as Blue Earth from 1953 to 1963 Minn. Offering—Geo. J. Sticha, City Clerk, will receive sealed bids until 8 p.m. (CST) on Aug. 7 for the purchase of $130,000 street bonds. Dated Aug. 1, 1952. Due on Feb. 1 from 1955 to 1967 inclusive. Legality approved by Moody & Swagler, of St. Paul, and Dorsey, Colman, Barker, Scott & Barber, of Mineapolis. .^ Otter Tail County (P. O. Fergus Falls), Minn. Offering—S. B. Johnson, Auditor, will receive Bond County sealed bids until 11 on July 25—v. (CST) a.m. 13 for the purchase road and bridge July 1, 1952. Due on Jan. I 1955 bonds are on of $1,bonds. 000,000 Dated to 1971 maturing inclusive. in 1967 to The 1971 callable. Legality approved by Dorsey, Colman, Barker, Scott & Barber, of Minneapolis. Polk County No. 281—were awarded to the p. 1 New Prague, Bond from Bond Nov. on inclusive. bonds maturing after Sept. 1, 1962 are callable. Legality approved by Stifel, Nicolaus & Co., of St. Louis, and Kenower, Allison-Williams Co., of Minnea¬ MacArthur & Co., of Detroit, polis, and Associates, at a net in¬ terest cost of about 2.52%. jointly, at ^ price of 100.0001, a 3.19%, National Aug. Sept. 1, 1952. Due on Sept. 1 from 1953 to 1967 inclusive. Thp 176, to merce, Dated Beecher Sale—The syndicate composed a National Clerk, Metro¬ Faegre & Benson, of Minneapolis. politan District (P. O. ■ Blooming Prairie, Minn. Flint), Mich. Bond to the Minn. Bond Offering—Oscar B. tad, 000 1 incl. on inclusive. fol¬ 1964 inclusive. Due net interest cost of about Belchertown, Mass. Bond 230 Con. Sch. Dist. (P. O. Erskine), Minnesota Bond Offering — Peter Becken, Clerk, will receive sealed until 8 p.m. (CST) on Aug. District bids County 12 for the (P. O. purchase of $20,000 Mankato), Minn. building bonds. Dated Aug. 1, $120,000 3J/4s. Due on July 1 from Bond Offering — B. E. Lee, 1952. Due on Aug. 1 from 1955 to 1954 to 1957 inclusive. County Auditor, will receive seal¬ 1974 inclusive. The bonds matur¬ 235,000 3s. Due on July 1 from ed bids until 11 a.m. (CST) on ing after Aug. 1, 1962 are callable. 1958 to 1975 inclusive. Aug. 11 for the purchase of $70,- Legality approved by Faegre & 395,000 3Y4S. Due on July 1 from 000 drainage bonds. Dated July 1, Benson, of Mineapolis. 1976 to 1991 inclusive. 1952. Due 1961 Jan. on 1 from inclusive. The 1954 to Two Harbors, Minn. bonds matur¬ Mich. Chicopee, Mass. Bond Sale—The $180,000 sewer ing after Jan. 1, 1957 are callable. Bond Sale—The $450,000 bonds bonds offered on Legality approved by Faegre & offered on July 30—v. 176, p. 373 improvement Benson, of Minneapolis. were awarded to the Harris July 28 — v. 176, p. 281 — were Certificate water and Sale —The $225,000 light fund revenue-1952 certificates offered on 176, awarded July 29—v. — Trust & Savings Bank, of Chicago, 2s, at a price of 100.79, a basis of about 1.92%. (P. O. Salem), Mass. Note Sale —The $50,000 Court House notes offered on July 29— Essex County awarded to the Merchants National Bank, of Salem, as Is, at a price of 100.01, 176, v. bonds on 1954. building, $125,000 build¬ ing bonds offered on July 24—v. 176, p. 281—were awarded to the First of Michigan Corp., of De¬ troit, at a price of 100.03, a net in¬ terest cost of about of Secretary Education, will receive sealed bids until 7:30 p.m. (EST) on Aug. 6 for the purchase of $2,100,000 building bonds. Dated Aug. 1, 1952. Due on July 1 from 1953 to follows: as The maturing MASSACHUSETTS lows: Due from 1955 to Sale—The of Legality approved by Dorsey, Colman, Barker, Scott & of Barber, of Minneapolis. ing in 1966 to 1970 are callable. Lapeer, Co., of Oklahoma City is offering $300,000 refunding bonds, as fol¬ 260,000 a.m. 1, 1957 are callable. Interest A-O. Legality approved by Foley, of¬ First National Bank & Trust 2% Bond Dist., Mich. Offering—Edward S. Cuthbert, 1970 Agric. Sch. Dist., Michigan awarded Due Ypsilanti Sch. Bond revenue, Topeka), Kan. —Bonds Publicly Offered and Rural — — fund bonds offered Washburn Rural High Sch. Dist. No. 3 (P. O. 1953 the The $214,000 gen¬ obligation bonds offered on July 29 — v. 176, p. 281 — were eral Rapids), Mich. quist), Minn. The $37,000 side¬ Bond Offering—Ed. O. Stennes, special assessment bonds of¬ District Clerk, will receive sealed fered on July 28—v. 176, p. 374— bids until 8 p.m. (CST) on Aug. 14 were awarded to the Old Kent for the purchase of $22,000 build¬ Bank, of Grand Rapids. ing bonds. Dated Aug. 1, 1952. Sale offered'on July 28—v. 176, p. 98— Shawnee County, in 1957 incl. Princi¬ pal and interest (J-D) payable at 1155 Grand 57 walk age disposal system revenue bonds of Kansas $40,000 building, bonds. June on W., Oct. Treasurer's Fizzell, a.m. S. (469) Mankato, Minn. Bond Sale : of Township (P. O. St., The fice, in Topeka. Legality approved by Stinson, Mag, Thomson, McEvers 10 Clerk, The bonds matur¬ State series 52-D 15, 1952. Due Dated June 1959 to will receive (CST) on Aug. 13 for the purchase of $180,000 electric light utility revenue bonds. Dated Oct. 1, 1952. Due on on Mar. 1, 1958 are callable. Principal and interest (M-S) pay¬ the until lows: Jonesboro, La. Offering — Emmet Jeff- Town ing at 3.74%. Aug. $340,000 on Dated Mar. on about manent a.m. parking of Oct. 1 from 1955 to 1967 inclusive. (CST) purchase of the public able of 1962 inclusive. sealed bids until 11 Clerk, bids until R. E. bids Aug. 5 for the purchase $180,000 street paving special on 34,000 2s. ress, Kansas City, Kan. — Mayor, Bond Bond Offering With- will receive sealed bids until 7 p.m. (CST) on $31,000 l3/4s. Due on April 1 from 1953 to 1958 inclusive. Aug. 5 for the purchase of $15,885.87 42,000 2s. Due on April 1 from paving certificates. Due Beaugh, bonds. KANSAS basis Bond H. City Controller, will re¬ sealed Elementary School Paddock $18,000 2%s, due on Dexter July 1 from 1954 to 1962 in¬ 65,000 street Offering—L. a 28th Mich. Offering—John erspoon, (EST) a Dubuque, Iowa City Detroit, Bond bonds: receive by MICHIGAN at IOWA will Sept. inclusive. offered Louisville, jointly, price of par, a net interest of about 2.96%, as follows: 1.40%. Secretary 1977 Ely, Bartlett, Thompson & Brown, of Bos¬ ceive Lynch, Pierce, Fenner & Beane, of Indianapolis, as l%s, at a price of 100.47, a basis of about Bond 2.001%. on Sattley & Co., Watling, LerCo., all of Detroit, W. E. Hutton & Co., Widmann & - Co., Walter, Woody & Heimerdinger, Pohl & Co., all of Cincinnati, S. R. Livingstone & Co., Shannon & Co., and Siler & Co., all of De¬ troit, as 3%s, at a price of 100.01, chen & Wyoming bonds revenue $125,000 Emmetsburg Indep. Sch. Dist., Iowa to 1953 Sale—The $190,000 school Corporation, and J. J. B. Hil- Merrill about about Legality approved liard & Son, of by • on of cost Sept. 1, 1952. Due from 1 awarded to the $50,000 purchased was 23As. School Bond Sale—The issue of Dated 1 July 29—v. 176, p. 280—were Equitable Securi¬ on Indiana bridge Aug. Owensboro, Ky. cost Rush on H. V. ton. building Bond age Due from 1963 to 1982 inclusive. Bond Plaintield, Ind. 3V2S. from 1956 to 1962 inclusive. gality approved by Boss, McCord, Ice & Miller, of Indianapolis. j r\ a of basis at about 0.90%. fice. a cost Halsey, Stuart & Co., price of 100.07, a net interest of about 1.64%, as follows: series 1, special assess¬ ment bonds: $65,000 2s, due on Sept. 1 from 1953 to 1957 in¬ clusive, and $54,000 l%s, due on Sept. 1 from 1958 to 1961 $119,000 373—were p. Legality approved by Dean, Dean, Caldwell & Quinlan, of awarded to inclusive. 61,000 series 2 bonds: $33,000 2s, due on Sept. 1 from 1953 to 1957 $28,000 inclusive, and IV2S, due on Sept. 1 from 1958 Everett, Mass. of Cannon Falls, Minn. Bond Offering — Glen R. Stedman, City Clerk, will receive sealed bids until 8 p.m. (CST) on Aug. 7 for the purchase of $14,000 street lighting system bonds. Dated Aug. 15, 1952. Due on Aug. 15 from 1953 1957 to Legality approved Attorney. Golden Bond by inclusive. the City p. — Bert D. J. to M. Dain & Co., and Piper, Jaffray & Hopwood, both of Minneapolis, jointly, at par, as follows: $90,000 2%s. Due Dec. 1 from on 1954 to 1962 inclusive. 95,000 3s. Due on Dec. 1963 to 1968 inclusive. 40,000 2.90s. 1969 Valley, Minn. Offering 374—were and Due 1970. on 1 Dec. from 1 in . MISSISSIPPI Put¬ Alcorn County (P. O. Corinth), will receive to 1961 inclusive. 000 departmental equipment bonds Mississippi sealed bids until 7:30 p.m. (CST) KENTUCKY Bond Offering—H. J. Madden, was purchased by Middlesex Leslie Township Sch. Dist. No. 1 on Aug. 5 for the purchase of Clerk of Board of Supervisors, County National Bank, of Everett, Campbell and Kenton Counties $120,000 street improvement (P. O. Leslie), Mich. will receive sealed bids until 11 as 1V4S, at a price of 100.08, a Sanitation District No. 1 (P. O. bonds. Dated Sept. 1, 1952. Due on Bond Sale—The $100,000 build¬ a.m. (CST) on Aug. 5 for the pur¬ basis of about 1.24%. Newport), Ky. ing bonds offered on July 24—v. Mar. 1 from 1954 to 1963 inclusive. chase of $100,000 road bonds. Bond Sale—The $7,600,000 sewer 176, p. 281—were awarded to the Legality approved by Dorsey, ColHolyoke, Mass. improvement revenue bonds of¬ Bond Offering—Joseph E. Lu- First of Michigan Corp., of De¬ man, Barker, Scott & Barber, of Biloxi Municipal Separate fered on July 28—v. 176, p. 280— cey, City Treasurer, will receive troit, at a net interest cost of about Minneapolis. Sch. Sale—The Bond Topeka. issue $40,- nam, Village Clerk, Dist., Miss. were awarded to a syndicate com¬ posed of A. C. Allyn & Co., of Chi¬ cago, Stearns & Co., of New York sealed bids in care of the National City, Blair, Rollins & Co., Inc., B. J. Van Ingen & Co., Ira Haupt & Co., both of New York City, Bankers Bond Co., of Louisville, Bache & Co., Coffin & Burr, both (DST) on Aug. 5 for the purchase of $800,000 bonds, as follows: of New York City, Co., of Chicago, Paul Frederick Dempsey Shawmut Bank, of Boston, 40 Water Street, Boston, until noon $600,000 1951 gas and electric, act bonds. Due on Aug. of 1 from 1953 to 1972 inclusive. & 200,000 school, act of 1950 bonds. Due on Aug. 1 from 1953 to Eldredge & Co., Co., both of & 1972 inclusive. New York City, W. E. Hutton & Co., of Cincinnati, Roosevelt & Cross, of New York City, Stein Bros. ' The bonds are dated Aug. 1, and interest pay¬ Merchants National 1952. Principal able at the & Boyce, of Louisville, Bank, of Boston. Legality ap¬ Stifel, Nicolaus & Co., of St. proved by Storey, Thorndike, Louis, Field, Richard & Co., of Palmer & Dodge, of Boston. Cleveland, Pohl & Co., of Cin¬ cinnati, First Cleveland Corp., of University of Massachusetts Cleveland,- Magnus & Co., WidBuilding Association (P.O. ■/ mann & Co., Weil, Roth & Irving Amherst), Mass. Co., Westheimer & Co., H. F. Bend Sale—The issue of $800,' Kreimer & Co., all of Cincinnati, * 000 dormitory, sixth series bonds White-Phillips Co., of Davenport, was purchased by a syndicate R. H. Johnson & Co., of New York composed of Smith, Barney & Co., 2.26%. Isle, Minn. Offering—Lloyd Bonds ceived Not for Sold—The bids re¬ the $290,000 school Bond Paulsen, Huron, Mich. Bond Sale—The $254,000 street Village Clerk, will receive sealed bonds offered on July 28—v. 176, p. 374—were rejected. improvement bonds offered on bids until 10 a.m. (CST) on Aug. for the purchase of $34,000 July 28—v. 176, p. 281 were 13 Choctaw County, Ackerman Con. and sewer bonds. Dated awarded to Halsey, Stuart & Co., water School District (P. O. as IV2S. at a price of 100.01, a price Aug. 1, 1952. Due on Feb. 1 from Ackerman), Miss. 1954 to 1963 inclusive. Legality of 100.01, a basis of about 1.49%. Note Offering — Louise Smith, approved by Dorsey, Colman, Clerk Redford Township of Board of Supervisors, (P. O. Barker, Scott & Barber, of Minn¬ will sell at public auction at 2 Detroit 23), Mich. eapolis. Bond Sale—The $2,690,000 water p.m. (CST) on Aug. 4, $14,010 im¬ Lanesboro, Minn. and sewer system revenue bonds provement notes. Dated Aug. 15, Bond Offering—Allen M. Brem- 1952. Due on Aug. 15 from 1953 to offered on July 29—v. 176, p. 281 —were awarded to the First of seth, Village Clerk, will receive 1957 inclusive. ' Michigan Corp., of Detroit, Braun, sealed bids until 8 p.m. (CST) on Copiah County Supervisors Dists. Bosworth & Co., Inc., B. J. Van Aug. 5 for the purchase of $100,(P. O. Hazlehurst), Miss. Ingen & Co., Estabrook & Co., 000 Community Building bonds. Bond Sale—The issue of $425,Dated Aug. 1, 1952. Due on Feb. 1 New*;York City, Paine, Webber, 000 bonds was purchased by the Jackson & Curtis, of, Chicago, from 1954 to 1972 inclusive. The First National Bank, of Memphis, Stranahan, Harris fy Co./ hf To¬ bonds maturing after Feb. 1, 1962 and Associates,, as 2V4S. .Dated ledo^ Barcus, Kindred & Co., of are callable. Legality approved by July 1, 1952. Legality approved by Chicago, Stifel, Nicolaus & Co., Faegre & Benson, of Minneapolis. Charles & Trauernicht, «of St, ; of St. Louis, Kenower, MacArthur These bonds were not sold when Port & Co., McDonald-Moore & Co., first offered. '• Louis. ; : . , 58 The Commercial and Financial Chronicle (470) Dakota Dist. No. 61 (P. O. Emerson), Neb. Bond Sale—The issue of $215,000 building bonds was purchased Greenwood, Miss. Bond Sale—The issue of $73,000 street improvement-1952 purchased by the Lef- special bonds was lore Bank & Trust Co., of Green- wood, a l%s, at as j by the Wachob-Bender Corp., of about 1.67%. 2.32%. Offering C. J. — 5 Boyer, P-f' (CS?\ $26,000 special Au„S- First National Bank, of and Associates, $350,- Memphis, Dated 000 Legality approved by Charles & Trauernicht, of St. July 1952. 15, notes Sale—The issue of $7,500 district No. 4 bonds purchased by Lewis & Co., of supervisors Jackson, 5 as 000 bonds, follows: as Clerk will of until bids 1953 to 1959 inclusive. 1957 to 1954 to 1962 inclusive. 1 from 15,000 (CST) on Aug. 4 for the pur¬ chase of $5,000 school notes. Due 1953 1 bonds. Due on July sewer 1954 to 1962 inclusive. from The inclusive. bonds 1952. Ann (P. O. Principal at July interst and National the of Bank, St. Louis), Mo. dated are able MISSOURI St. pay¬ Shawmut Legality Boston. 1, ap- Bond" Sale—The"issue "of $25"oOO Pr°Yfd b/ R°ray' Best) City Hall bonds was purchased by Coolidge & Rugg, of ost . George K. Baum & Co., of Kansas JERSEY NEW City. Additional Sale bonds system sewer chased Louis. The — & Bond pur¬ by G. H. Walker, of Legality approved Charles Bernardsville Sch. Dist., $65,000 was Webb City Sch. Dist., Mo. Sale—The issue of $180,- I Bond the by S. bonds was Commerce Kansas City, Trust Co., 2%s inclusive. Principal 1952. 1978 interest and ' (M-N) purchased l7/ss, as payable at the Somerset Hills National Bank of Bernards- ville. Legality approved by Haw- of and kins, Delafield City. York 2%s. Dated Aug. 1, 1952. of New & Wood, Lodge County Sch. Dist. O. Wise River), bonds offered Montana Bond Fred An¬ Hanauer July 29—v. 176, on 282—were p. Offering—Mrs. 000 Miles (DST) City, Mont. of Sale—The $600,000 water system revenue,* series A bonds offered on July 25—v. 176, p. 190 -^-were awarded to a syndicate composed of Piper, Jaffray & Hopwood, of Minneapolis, Foster & Marshall, of Seattle, Blyth & Co., of Portland, Allison-Williams Co., J. M. Dain & Co., both of Minneapolis, Boettcher & Co., of Denver, and Paine, Webber, Jack¬ son & Curtis,' of Chicago, at a price of 100.50, a net interest cost of about 2.98%, as follows: $240,000 3s. Due par. Sale — The on —were Bond awarded July 30—v. 176, bons & City, as basis of about awarded to J. Geo. to Gib- B. Co., Inc., of New York 3s, at a price of 100.43, a Sept. „ Sept. 1 from approved as , 1, 1953 to Due 1982 on inclu- by Neptune, City Sch. Dist., N. J. Offering — William H. Bond Somerville, Assistant District Clerk, will receive sealed bids until 8 p.m. (DST) on Aug. 14 for the purchase of $100,000 building bonds/ Dated on April 1, 1952. Due April 1 from 1953 to 1972 in¬ clusive. Principal (A-O) issue of $50,supply bonds was pur¬ chased by the Basin State Bank, payable tional Sale—The Bank at and interest the First Na¬ of Legality Bradley Beach. approved by Hawkins, Delafield Stanford. 2.92%. & Wood, of New York Sale—The $10,000 NEW build¬ YORK Trust jointly, Co., of 2.40s, at a as Buffalo, of price 2.34%. Bond Sale —The $25,000 water works bonds offered V. 176, p. on 190—were July 28— awarded the Farmers State Bank, rad, as 3s, at a to of Conprice of 100.20. Sanders & City bids Clerk, until will receive (EST) noon storm and on sanitary sewer bonds. Dated Aug. 1, 1952. Due on The bonds maturing after Dec. 1, are callable. Principal and 1961 interest (J-D) payable at the Na¬ City Bank, of Cleveland. tional Legality approved by Peck, Shaf-. fer & Williams, of Cincinnati.; Clarksburg, Ohio Bond Sale—The 811.43 water bonds was issue works of $12,- assessment' purchased Endicott, N. Y. Bond Offering—Steve Kuracina, Village Treasurer, will receive sealed bids until 3 p.m. (DST) on Aug. 11 for the purchase of $191,000 storm sewer, curb ment, and improvesidewalk - 1952 street bonds. Dated Aug. 1, 1952. Due on able awarded Watertown, N. Bond City the at Endicott Endicott. Legality Hawkins, Delafield will New York Dated July 1, 1952. Due on July 1 from 1953 to 1961 inclusive. Prin- cipal and interest (J-J) payable at the Watertown National Bank, Watertown. Legality approved by Vandewater, Sykes, Heckler Galloway, of New York City. & first mortgage series D bonds offered on 31—v. 176, p. 282—were syndicate composed Ripley & Co., Inc., Smith, Barney & Co., of New York City, Glore, Forgan & Co., Gold¬ awarded to a Harriman Sachs & Co., of New York City, Alex. Brown & Sons, of Bal¬ man, timore, Hemphill, Noyes, Graham, Parsons & Co., of New York City, Weeden & Co., of San Franciscoj the Illinois Company, of Chicago, Co., of Columbus, Hirsch & Co., of New York City, J. A. White & Co., of Cincinnati, McCormick Ohio & Co., of Chicago, Newhard, Cook Co., of St. Louis, Andrews & Wells, Inc., G. C. Haas & Co., both of New York City, Mullaney, Wells Co., Blunt, Ellis & Simmons both CAROLINA Buncombe of County (P. O. Asheville), N. C. Bond school Y. revenue, July $7,000,000 water extension, & NORTH by Wood, City. N. on Aug. 5 for the purchase of $90,000 public improvement - 1952 bonds. Co., approved Franklinville, receive (DST) pay¬ Trust & Cleveland, Ohio Bond Sale—The works of Y. Offering—Karl J. Kisner, Treasurer, by Y N sealed bids until 2 p.m. , fered Sale The — "$3,625,000 |of Chicago, Reinholdt & Gardner, building, series B bonds of- July 29—v. 176, p. 282awarded to a syndicate com¬ on — were posed of R. S., Dickson & Co.. of of St. Louis. T. H. Jones & Co Ginther & Co., and Cunningham Co., all of Cleveland, at a price 100.01, a net interest cost of & of about- 2.24%, as follows: ^ Charlotte, Shields & Co., B. J. Van Ingen & Co., both of New York $200,000 5s. Due on Feb. and Aug. City, Interstate Securities Corp., 1, 1958. of Charlotte, Andrews & Wells, 290,000 2V2s. Due on Feb. and Inc., of New York City, Breed & Aug. 1 in 1959 and 1960. (P. O. Bowmansville), N. Y. 1,430,000 2s. Due on Feb. and Bond Sale—The $235,000 builds Harrison, of Cincinnati, Courts & Aug. 1 from 1961 to 1972 in¬ ing bonds offered on" July 31—v, £°-> of Atlanta, Provident Savings clusive. ' -,r'►•'■7 ■ : ■■ 176, p. 374—were awarded to the Bank & Trust Co.,- Weil, Roth & 5,080,000 2y4s. Due on Aug. l^and Manufacturers and Traders Trust Irving . Co., both of Cincinnati, Co., of Buffalo, and Roosevelt & Cross, of New York City,< jointly; as 2.60s, at a price of 100.52, a basfs^f'about 2.55%. , . Aug. 7 for the purchase of $1,- 023,000 general j bonds, as follows: , improvement $780,000 hospital bonds. Due on Aug. 1 from 1953 to 1966 inelusive. Kirchofer & Arnold Associates, Inc-> °I Raleigh, J. Lee Peeler & Co > of Durham, Vance Securities Feb. 1 from 1973 to 1976 in¬ clusive. Columbus, Ohio Corp., of Greensboro, Burns, Cor-Note Offering — Agnes Brown & Pickard, Inc., of Chicago, City Clerk, will receive Fox, Reusch & Co., of Cincinnati, Cain, bett New Rochelle, N. Bond Offering Y. Anne N. — Hughes, City Treasurer, will seale,d (DOT) on Aug bl,ds ,unt',1 11 for chase of $475,000 street the re- pur-|Herbert ment, land acquisition, incinerator, and equipment-1952 bonds. Dated 15 July 15, 1952. Due 1953 from to 1966 Jan. on inclusive. Principal and interest (J-J) pay¬ able at the City Treasurer's office. Legality approved by Hawkins, Delafield & Wood, of New York City. 1 p. rd J. "-j' I ( I I » ' < J.t , Pittsford, ,Perinton, ' ° Sch. Dist. No. Bond 1 „» & j j (P, O. Pittsford), N. Y. Offering — George A. Lcrtscher, District Clerk, will re- Co., of Walter, New Woody & sealed bids until noon (EST) on Aug. 13 for the purchase of $240j870 special assessment notes, as follows: $6,750 Carley & Co., of Asheville, South¬ Investment Co., of Charlotte, and E. H. Pringle & Co., of Charleston, at a price of par, a net series No. 234,120 street improvement, ser¬ ies No. 121 ern interest of cost about 3.98%, as follows: 460,000 and 1959 to March Due on March on 1958 the Raleigh, bids until at 11 - will are City dated March 1, Sept. 1, 1954. Prin¬ (M-S) payable Treasurer's Franklin office. County (P. Columbus), Ohio O. Sale—The $19,000 Tuber¬ culosis Hospital improvement O. bonds offered p. Easter- ling, Secretary of Local Govern¬ Commission, on Bond County (P. Wilmington), N. C. sealed notes 1 1981. inclusive. E. r Legality approved by Squire, San¬ ders & Dempsey, of Cleveland. March 1 from Offering—W. notes. cipal and interest inclusive. Hanover Bond in 1 1954. 3%s. 2,945,000 4s. Due New on sewer, i The 1952. Due at $220,000 3Y>s. Due sanitary 119 notes. Heimerdinger, of Cincinnati, Mc- ment Mendon, Henrietta and Victor Central Sims City, from 1955 to Y. $19,000 water— 1952 bonds offered on July 30—v. ~ York 1953 Niskayuna Sewer District No. 176, McDaniel Lewis & Co., of Greensboro McDonald-Moore & Co., H. nootl V. Sattley & Co., both of Detroit, improve¬ sewer • on Tuckahoe and 375—were awarded to the July 24—v. Bond Offering—John E. Bloom¬ Schenectady Trust Co., of Schen¬ 176, p. 190—were awarded to the ectady,' as 2.40s, at a price of er, City Comptroller, will receive State Land Board, as 3s, at par. sealed bids until 3:30 p.m. (DST) 100.20, a basis of about 2.37%.' Binghamton, N. Y. Valier, Mont. Legality, Squire, Dec. 1 from 1953 to 1968 inclusive. 176> P- 375—were to Salomon Bros. & ing bonds offered on Hutzler, of New York City, as 176, p. 374—were awarded to L60s, at a price of 100.07, a basis Roosevelt & Cross, of New York,°I about 1.57%. buildJuly 29—v. Bond Sale—The on 000 |on July 3°—v- N. Y. Sale—The $100,000 (P. O. Schenectady), N. 6 (P. O. Columbus), Mont. Bond ing bonds offered National) Aug. 16 for the purchase of $80,- Sale—The • (P. O. Coxsackie), Bond City. Stillwater County Sch. Dist. No. the ' 1952. Hawkins, Delafield & Wood, of New York City. 000 water of . sive. Principaland interest (M-S) payable at the Edgewater National Bank, Edgewater. Legality Stanford, Mont. Bond bonds, sewer , , ' Dated July 1, 1982. on Aug. 5 for the purchase 53,000 series C bonds. 1969 to 1972 inclusive. 300,000 3s. Due on 1974 interest, Cleveland. by at and Berea, Ohio Offering — Donald R.* Rager, $217,000 street bonds offered on July 22 — v. 176, p. 282 — were awarded to Hall & Co., of New York City, as 1.90s, at a price of 100.31, a basis of about 1.88%. 374 p. payable sealed June improvement B. $1220,000 series B bonds. July 1 from on on 1952.; the Clarksburg Commercial Bank, as Coxsafkie, Athens, New Baltimore Bond Sale The $38,500 general 3s, at par. and Cairo Cent. Sch. Dist. No. 1 ! improvement-1952 bonds offered Co., of Newark, as price of 100.18, a basis $1,273,000 „nn 1953 to 1968 inclusive. 60,000 23/4s. Due 1952. Due Solvay, N. Y. $30,500 bonds Principal Bank, Bond ^e^Jer ^ ^a^°" (P. O. Croton-on- Hudson), N. Y. Bond & follows" July 1 from on on of New York City. way, derson, Clerk of Board of Trus¬ 2.40s, at a Bond Sale The $13,775 fire tees, will receive sealed bids un¬ of about 2.38%. equipment—1951 bonds offered on til 8 p.m. (MST) on Aug. 18 for July 29—v. 176, p. 374 — were the purchase of $20,000 building Edgewater, N. J. awarded to the Union National bonds. Dated July 1, 1952. The Bond Offering — Peter F. Bank, of Franklinville. bonds are on the amortization O'Brien, Borough Clerk, will re¬ plan. Interest J-J. ceive sealed bids until 8 p.m. Lancaster Common Sch. Dist. No. 1 Bond (DST) p.m. 15, Dempsey, of Cleveland. $13,000 port- Aug. 1 from 1953 to 1962 inclusive. Burlington Township (P. O. Burlington), N. J. Bond Sale—The $155,000 school MONTANA No. 12C (P. (J-D) y Dated Dec. 15 from 1953 to on approved 14 for the purchase of $70,public parking-1952 bonds. Downsvill?, as 2lks, at Cortland bonds. Comptroller, will receive zer^ noon inclusive. Bond Offering—William H. Sel- Dated June 15, York Principal and interest (F-A) Deer N R sealed bids until 2 (P. O. Downsville), Sale —The Bond Traders Beihl, will receive sealed i building bonds. Dated May 1, 'Due on May 1 from 1954- to school Aug. on July 24—v. 282—were awarded to the p. Aug. City, and the Manufacturers N. J. bids until 8 p.m. (DST) on Aug. St. 20 for the purchase of $300,000 Louis. 000 Offering—Edna District Clerk, St. by Trauernicht, 'of of about basis a 2.34%. offered 18,000 water bonds. Due on July 1 p.m. from 100.69, of price bonds. Supervisors, sealed departmental equipment Due on July 1 from 77,000 Oakdale Con. School Board of ing Due build¬ price of 100.10, basis about 1.45%. City composed of the Co., Kidder, Pea- j b?d^ & v0'', Hal1 ^nC°*' +aU| of New York City, as 2.40s, at a from 1953 to 1962 inclusive. 1 O. Magnolia), Miss. Offering — Roy Ellzey, receive Trust Bank, of $90,000 street bonds. Due on July 2s. District (P. Note on Aug. 19 $543,000 build¬ $44,000 ing-1952 bonds offered on July 29 .National Commercial Bank & 176, p. 374—were awarded to Trust Co., of Albany, as iy2s, at a syndicate 1 * (DST) for the purchase of Sale—The —v. New J. bids until 176', Sale—The $975,000 Bond . Pike County, OHIO pay- 15 , from 1953 to 1959 inclusive, Murphy, Mayor, will receive able crushing plant bonds offered Principal and interest (J-D) paysealed bids until noon (DST) on on July 28—v. 176, p. 282—were able at the City Comptroller's ofAug. 5 for the purchase of $200,- awarded to the First National IiceLegality approved by Van- Montgomery County (P. O. Winona), Miss. was inclusive. ing bonds offered O. Patchogue), N. Y. build- No. 24 (P. Colchester Dover, N. H. Offering — Maurice Bond 1963 Rensselaer, N. Y. Bond 110%. Louis. Bond purchased by the Bank, of Boston, was National First to Education, will receive sealed Brookhaven Union Free Sch. Dist. a County (P. O. Berlin), N. H. Note Sale—The issue of $100,- 3V2s. as sewer Coos the by 1954 able at the Security Trust Co., of Bay Village City Sch. Dist., Ohio payable at the City Comptroller's Rochester. Legality approved by Bond Offering Dorothy office. Legality approved by Sul- Reed, Hoyt & Washburn, of New Grimes, Clerk-Treasurer of Board livan, Donovan, Heenehan & Han- York City, of Bankers purchased was $70,000 about 1.58%. of from Principal and interest (F-A) 1, Aug. dated are Principal and interest (F-A) 1952. p. Municipal Sep. Sale—The issue bonds 000 Sale—The bonds offered on July 29-v. 176, 374—were awarded to the First National Bank, of Boston, as 1.60s, at a price of 100.11, a basis of street improve¬ Sch. Dist., Miss. Bond 1 bonds Claremont, N. H. Bond ment bonds. Due in 10 years. Louisville bids until 3 p.m.-June 1 from 1954 to 1981 incluAug. 18 for the pur-jsive. Interest (J-D). Legality ap$95,000 building bonds. I proved by Reed, Hoyt & WashDated Aug. 1, 1952. Due on Feb., burn, of New York City. on chase of elusive. The Monday, August 4, 1952 „ sealed (DST) highway bonds. Due on Aug. 1 from 1953 to 1962 in- 130,000 raham, of New York City. City Clerk, will sell at public auc1:30 ceive . — NEW HAMPSHIRE Indianola, Miss. Bond County Sch. price of 100.31,1 Omaha, at a net interest cost of a of about basis 113,000 sewer bonds. Due on Aug. 1 from 1953 to 1962 inclusive. NEBRASKA MISSISSIPPI . on July 29—v. 176, 375—were awarded to the Mar¬ ket as Exchange Bank, of Columbus, iy4s, at par. receive his office in a.m. (EST) on Maumee, Ohio Bond Sale—The $153,000 ' sewer Aug. 5 for the purchase of $1,000,- construction bonds offered on July 000 school building, series A 30—v. 176, p. 282—were awarded bonds. Dated June 1, 1952r Due on to Ryan, Sutherland & Co., of To- " Number 5139 Volume 176 . . The Commercial and Financial Chronicle . (471) • ... ledo, "—!—r-n s— s — • -■ ■ ■ -■■■■■ ■ 2s, at a price of 101.05, a turing on Sept. 2, 1959 and there¬ after are callable. Principal and 1.60%. as SOUTH CAROLINA price of basis of about interest Healthy, Ohio Treasurer's office. Legality ap¬ Bond Sale—Thd $50,000 Compproved by Winfree, McCulloch, ton Road improvement bonds of¬ Shuler & Sayre, of Portland. fered on July 28—v. 176, p. 282— Lane County Rainbow Water Dist. were awarded to Hayden, Miller (P. O. Eugene), Ore. & Co., of Cleveland, as l34s, at a 100.17, of price a Bond basis of about bonds 1.72% p. Munroe Falls, Ohio & Sale—The Bond $130,000 water line special assessment bonds of¬ fered were on July 29—v. 176, p. $24,000 water July 30—v. on 176, 375—were awarded to Fordyce Co., of of Portland, 100.3 3s, as basis a of at a about 2.99%. 191— for 19 the purchase waterworks and of $350,000 system re¬ sewer funding and improvement bonds. Dated Sept. Sept. 1 sive. from The 1955 bonds September revenue 1, 1952. Due to on inclu¬ 1977 before maturing 1957 are callable. Principal and interest (M-S) pay¬ 1, the at Bank, New City Legality approved by Sinkler, ' Gibbs & Simons, of Bond District . — Bond Sale—The $14,000 land ac¬ quisition bonds offered on July 21 chased 176, p. 191—were awarded to the Village Pension Fund bonds, Linn —v. at par. of by the Chas. N. Tripp Co., Portland. Offering 73 Roxana — Bond M. Sale County Treasurer's office. Legality approved by Winfree, McCulloch, OKLAHOMA Shuler & Sayre, of Portland. Clinton, Okla. Bond Sale—The $45,000 stock pavilion bonds offered on July 25 —v., 176, p. 282—were awarded to the First National Bank, of Clin¬ ton. PENNSYLVANIA will receive p.m. (DST) Mayes County (P. O. sealed on bids until Nashville, school 2 pur¬ $320,000 to 1971 on inclusive. 800,000 water distribution system, sewers, sewerage and drain¬ chase of $3,250,000 sewer revenueBradley, series of 1952 bonds. age bonds: $570,000 2y2s, due County Clerk, will receive sealed on July 1 from 1953 to 1966 Newry, Pa. bids until 2 p.m. (CST) on Aug. 7 inclusive, and $230,000 2%s, Bond Offering—Frank J. Stalfor the purchase of $250,000 hos¬ due on July 1 from 1967 to pital bonds. Due from 1955 to 1964 ter, Borough Secretary, will re¬ 1969 inclusive. ceive sealed bids until Aug. 4 for inclusive. the purchase of $5,000 improve¬ Lewisburg, Tenn. Muskogee, Okla. ment bonds. Bond Offering—J. W. A.rbuckle, Bond Sale—The issue of $200,West Mifflin Sch. Dist. (P. O. City Clerk, will receive sealed 000 bonds was sold, at a net inter¬ bids Terrace), Pa. est cost of about 1.49%. 18 until 11 (CST) purchase of County Indep. Sch. Dist. district bonds. Due from to 1954 1967 inclusive. Bank ical City, Bond Sale — The & Trust Co., for Lehman Banco Popular de Puerto Rico, of San Juan, Blair, Rollins & Ore. The $400,000 1949 bonds offered on July 28 176. p. 191—were awarded to — Co., Inc., Stroud & Co., of Phila¬ sewage —v. York Hirsch delphia, & Co., of New City, Field, Richards & Co., Clark & Co., both of Bank, of Fahey, Corvallis, at a price of 98.15, a net Cleveland, Stein Bros. & Boyce, of interest cost of about 2.02%, as Baltimore, Rand & Co., of New York City, Raffensperger, Hughes follows: & Co., of Indianapolis, and R. D. $175,000 IV2S. Due on Aug. 1 from White & Co., of New York City, 1953 to 1959 inclusive. at a price of 100.02, a net interest 125,000 l34s. Due on Aug. 1 from cost of about 2.39%, as follows: 1960 to 1964 inclusive. the Benton County State 100,000 2s. Due on Aug. 1 from $1,075,000 from 1965 to 1968 inclusive. 5,225,000 Eugene, Ore. Bond tel, Recorder, 1953 Due to 1955 2.40s. Due on July will receive approved Bond 000 Sale—The issue of $625,- water tem works on July ISLAND sewer Securities Corp. bids until 9 a.m. (PST) on Cranston, R. I. until 7i30 $350,000 elementary school bonds. Due 1954 to 1962 inclusive. July on Bond clusive. The issue City and Town of Viroqua Joint School District No. 1 (P.O. Viroqua), Wis. of $200,improvement sewer sold, was 1952. Texas Sale—The 000 water and bonds Bond 2y2s and 2%s. as District Santa Anna, Texas and Bond Sale—The issue of water works bonds by $50,000 of purchased was Sale—The the issue of $350,- (CST) chase 1952 on of Aug. bonds. Due on (M-S) tional 1 payable pur¬ Sept. from Principal Bank, the for school Dated Mar. inclusive. 14 $75,000 p.m. 1, and interest at the State Corsicana. 1962 Na¬ Legality approved by McCall, Parkhurst & Crowe, of Dallas. cipal and interest Water Supply (P. O. Eastland), 000 unlimited tax and water Sour Lake Bond Offering syndicate composed of R. A. a DIVIDEND Underwood & Co., Central Invest¬ NOTICES ••••••••••• Sch. Dist., Indep. I Texas Superintendent wmmm • J. R. of pacific FINANCE CORPORATION Curlee, Schools, will — receive sealed bids until 7:30 p.m. (CST) Aug. on 18 for the DIVIDEND pur¬ NOTICE chase of $300,000 building bonds. Interest F-A. The bonds were not sold when A regular quarterly divi¬ dend of 50 cents per share on the common stock ($10 par first offered. value) payable September 2, 1952, to stockholders of rec¬ VERMONT ord Rutland, Bond Vt. August 15, 1952, was by the Board of on July 30, 1952. *■ declared Directors Offering—W. J. Simonds, City Treasurer, will receive sealed until 2 p.m. (DST) on Aug. 11 for the purchase of $279,000 bids school Aug. 1. 1952. Due 1957 and to on «! Dated B. c. Reynolds, payable Shawmut Bank at the of «• « 0 Na¬ Boston. Boston. Cleveland 10, Ohio WASHINGTON DIVIDEND NO. The Board County, Asotin Sch. Dist. (P. O. Asotin), Wash. Sale—The school bonds of about issue was of purchased 2.24%. (P. O. Roseburg), Wash. Bond Sale—The issue of bonds was Company has declared a dividend of Fifty Cents (5(K) per share on the 1,792,520 $2.00 par value common shares of the Company issued and outstanding, payable August 26, 1952, to shareholders of record the close of business at August 5, 1952. $70,000 purchased by H. C. Declared on the Douglas County State Bank, of Rosenburg, as 23As and 2^s, at STUESSY, Secretary July 25, 1952 a EATON price of 100.05. MANUFACTURING County Public Utility District No. I (P. O. EXTRA Pasco), Wash. 12 for the The Board of Directors of Eaton purchase of $400,000 public utility has bonds. of Longview, Wash. on Manufacturing Company declared revenue, an extra Fifty Cents (5(F) the 1,792,520 $2.00 shares of common Sale—The sewer Ohio DIVIDEND (DIVIDEND No. 120) Bond Offering—Sealed bids will until Aug. COMPANY Cleveland 10, Franklin received 119 of Directors of Eaton Manufacturing $250.- Douglas County, Green Sch. Dist. Bond COMPANY MANUFACTURING EATON Asotin and r Aug. 1 from Principal approved by Storey, Legality Thorndike, Palmer & Dodge, of school Secretary inclusive. 1970 interest tional bonds. construction purchased supply bonds was Cutler, of Chicago. purchased by rev¬ enue approved enin & Boothman, of Dallas. be Texas Bond Sale—The issue of $1,500,- (A-O) payable Viroqua. Leby Chapman L at the State Bank, of Company Texas, Dallas, as 2V4S, and 2y2s, par. Dated July 15, 1952. Le¬ gality approved by Dumas, Hugu¬ Eastland County District o at 1952. to 1952. Due callable. Prin¬ are of house— 1953 Bank (CST) purchase of p.m. to 1970 inclu¬ Central Investment cost re¬ 7:30 State sive. The bonds 1 T exas Bond the at April 1 from 1953 gality 000 park bonds was bids bonds. Dated Aug. 1, 15, 1952. Legality ap¬ proved by Dumas, Huguenin & Boothman, of Dallas. O. Snyder), oral Viroqua, until 7:30 Aug. 12 for the $275,000 school, general obligation Dated June Scurry County (P. Offering— W. A. Krohn, Clerk, will receive sealed on the Columbian Securities Corp. Texas, San Antonio, as 3s. of Bond until on bonds are dated Sept. 1, Principal and interest (M-S) the City Treasurer's cantile National Bank, Dallas. Le¬ payable at gality approved by McCall, Park¬ office. Legality approved by Chap¬ man & Cutler, of Chicago. hurst & Crowe, of Dallas. Superintendent of Schools, will bids 1953 to Sept. 1 from 1953 to 1962 in¬ dated July 1, 1952. The bonds maturing in 1968 to 1982 are callable. Principal and interest (J-J) payable at the Mer¬ 000 sealed from inclusive. 100,000 high school bonds. Due 1963 to 1982 inclusive. by Foster & Marshall, of Seattle, at a price of 100.07, a net interest ceive Sept. 1 on 1962 from 1 p.m. follows: as on are Calland, July 1 from as lows: bonds H. fol¬ Antonio, and Co., of Houston, jointly, The Wis. Offering-R. (CST) on Aug. 12 for the purchase of $450,000 bonds, $350,000 waier series C bonds Aug. 14 for the purchase of $650,Note Sale—The $500,000 "hotes ment r Co., of Texas, Rauscher, offered on July 24—v. 176, p. 192 000 sewage disposal plant system offered on July 28—v. 176, p.;~376 Pierce & Co., First Southwest Co., ; —were awarded to Blyth & Co., general obligation and revenue —were awarded to the Rhode Is¬ all of Dallas, Walter," Woody & and Foster & Marshall, both of bonds. Due on Sept. 2 from 1954 land Hospital Trust Co., of Prov¬ He'imerdinger, of Cincinnati;' and , Seattle, jointly, at a net interest to 1964 inclusive. The bonds ma¬ R. J. Edwards, Inc., of Dallas, at a cost of about 2.50%. idence, at 1.20% discount. 1 sealed Beloit, Bond City Clerk, will receive sealed bids Texas, San Rowles, Winston & 547,000 4s. Due & WISCONSIN of $78,000 3V4S. Due Weter, Roberts Seattle. of sys¬ Corsicana Indep. Sch. Dist., Texas Bond Offering—W. H. Norwood, 1 1 and revenue, series 1952 bonds purchased by the Columbian was by Shefelman, Hamlin, Texas on by RHODE Dallas. TEXAS inclusive. from 1956 to 1967 inclusive. Offering—Henry F. Beis- City 21/4S. 1 Dallas. on Brothers, both of New York City, C. J. Devine & Co., of New York OREGON Corvallis, Sale building bonds offered Aug. on 1954 to 1972 inclusive. Principal Legality approved and interest (J-J) payable at the by McCall Parkhurst & Crowe, of City Treasurer's office. Legality Bank, Aug. $350,000 a.m. the $1,200,000 water and sewer revenue bonds. July 30 No. 2 (P. O. Billings), Okla. Dated July 1, 1951. Due on July 1 —v. 176, p. 282—were awarded to Bond Offering—Willie G. Smith, from 1953 to 1982 inclusive. The a syndicate composed of Halsey, Superintendent of Schools, will Stuart & Co., Stroud & Co., Asp- bonds maturing from 1962 to 1982 receive sealed bids until Aug. 12 are callable. Principal and Inter¬ den, Robinson & Co., both of for the purchase of $112,000 build¬ est (J-J) payable at the Chemical Philadelphia, Arthurs, Lestrange ing bonds. & Co., A. E. Masten & Co., both Bank & Trust Co., New York City, of Pittsburgh, and Harrison & Co., or at the Town Treasurer's office. Tillman County (P. O. cf Philadelphia, as 2V4S, at a price Legality approved by Chapman & Frederick), Okla. Cutler, of Chicago. of 100.17, a basis of about 2.23%. Bond Offering—Byron E. Bailey, Selmer, Tenn. PUERTO RICO County Clerk, will receive sealed Bond Sale—The $270,000 natural bids until 2 p.m. (CST) on Aug. 4 Capital of Puerto Rico (P. O. gas revenue, series A bonds of¬ for the purchase of $465,000 bonds, San Juan), Puerto Rico fered on July 25—v. 176, p. 283— as follows: Bond Sale—The issue of $6,300,were awarded to Clement Betpony $300,000 hospital bonds. Due from 000 public improvement, series & Co., of New Orleans, as 4s, at 1954 to 1968 inclusive. 1952 bonds was purchased by a par. 165,000 County separate school syndicate composed of the Chem¬ Bond Noble Due payable at the Mercantile National follows: as bonds: July 1 from 1953 to 1966 inclusive, and $205,000 23/4s, due on July 1 from 1967 Authority, Aug. 5 for the of 2V2s, due Bond Offering—Harris W. Voor- hees, Secretary of the Pryor), Okla. Bond Offering—L. W. Co., $525,000 Authority Morrisville), Pa. O. Co., Breed & Harrison, both Cincinnati, Herman Bensdorf & Co., of Memphis, and Jack M. Bass wick, City Treasurer, will receive sealed bids until 8 p.m. (PST) on Aug. 7 for the purchase of $100,000 water and sewer revenue, is¬ The bonds are dated Aug. 1, sue No. 1, series B bonds. Dated 1952. Principal and interest (F-A) July 1, 1952. Due on July 1 from 4Y4S. of & Morrisville Municipal (P. Trust Sumner, Wash. Offering—Edith M. War¬ Bond Aug. 1 from on Plainview, $1,325,000 bonds offered on July 29—v. 176, p. 283—were awarded to a syndi¬ cate composed of the Equitable Seits, District Clerk, will receive Springs, Ohio sealed bids until 8 p.m. (PST) on Bond Sale—The Securities Corp., Mercantile Trust $3,000 street Aug. 4 for the purchase of $55,000 improvement special - assessment Company, of St. Louis, John Nubuilding bonds. Dated Aug. 1, veen bonds offered on July 19 — v. & Co., of Chicago, First of 1952. Due oiioAug. 1 from 1953 to •176, p. 191—were awarded to the Michigan Corp., of New York City, 1966 inclusive. Principal and in¬ Miami Deposit Bank, of Yellow terest Dempsey-Tegeler & Co., of St. (F-A) payable at the Springs, as 2s, at par. Louis, Provident Savings Bank & Yellow follows: from 1966 to 1987 inclusive. The — as 1956 to 1965 inclusive. 1,275,000 Jackson, Tenn. County Sch. Dist. No. (P. 07~Tracomb), Ore. Bond TENNESSEE -^ net interest cost of par, a 4.20%, $225,000 3y2s. Due Hanover Offering — N. B. Payne, Charleston. Clerk, will receive sealed SOUTH DAKOTA bids until 8 p.m. (PST) on Aug. South Lebanon, Ohio 4 for the purchase of $66,000 Hosmer, S. Dak. Bond Ottering—w F. r>oianger, building bonds. Due on Aug. 1 Bond Offering—John A. HaerVillage Clerk, will receive sealed from 1953 to 1968 inclusive. Prin¬ ter, City Auditor, will receive bids until noon (EST) on Aug. 15 cipal and interest (F-A) payable sealed bids until 8 p.m. (CST) on for the purchase of $31,928 water¬ at the County Treasurer's office. Aug. 6 for the purchase of $40,works assessment Dated Legality bonds. approved by John W. 000 sewer bonds. Dated Aug. 1, Aug. 15, 1952. Due on Dec. 15 from Shuler, of Winfree, McCulloch, 1952. Due on Aug. 1 from 1953 to 1953 to 1972 inclusive. Principal shuler & Sayre, of Portland. 1968 inclusive. The bonds matur¬ and interest (J-D) payable at the Linn County Sch. Dist. No. 35 ing after Aug. 1, 1962 are callable. Lincoln National Bank, Cincinnati (P. O. Rt. 4, Box 377 A, Interest F-A. Legality approved Legality approved by Peck, Shaf¬ Corvallis), Ore. by Faegre & Benson, of Minne¬ fer & Williams, of Cincinnati. Warrant Sale The issue of apolis. $4,000 building..warrants was pur¬ Westlake, Ohio 3.35%. about York County Sch. Dist. No. 33 (P. O. Rt. 3, Lebanon), Ore. & ursky, Mayor, will receive sealed bids until 11 am. (EST) on Aug. able Linn awarded to Wm. J. Mericka Co., of Cleveland, as 3V2S, at a price of 101.17, a basis of about Sale—The offered price Barnwell, S. C. Bond Offering—Herman I. Muz- (M-S) payable at the City Mt. 59 1 dividend per par share value the Company issued and outstanding, payable August 26, 1952, to shareholders of record at the close of business August 5, 1952. H. C. Declared on STUESSY, Secretary July 25, 1952 •60 The Commercial and Financial Chronicle (472) n Say to yourself ...here is life-giving money to help those stricken by Cancer to live again. EVERY NICKLE AND DIME I give helps teach to new thousands how recognize Cancer and what to do about it. y EVERY QUARTER I give helps support laboratories and scientists who V are ing their lives to find the cause—and dedicat¬ cure Cancer. EVERY DOLLAR I send buys new equip* ment, establishes new facilities for treating and curing Cancer. Just write "CANCER" containing your check or money delivered to the American Cancer on the Society office in your state. AMERICAN CANCER envelope order. It will be SOCIETY of . . . Monday, August 4, 195$