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ESTABLISHED 1839

;:

Sections—Section 2

V

B«(. U. 8. Pat. Office

Volume

188

Number 5804

New York 7, N. Y.,

Thursday, December 18, 1958

Price 50

INVESTMENT BANKERS ASSOCIATION
OF AMERICA
.

•*

OFFICERS 1958-1959
Vice-President

President

Vice-President

William D. Kerr

Warren H. Crowell

Bacon, Whipple & Co.,

Crowell, Weedon & Co.,

S\'
y

&

i

f

>■
William M. Adams
Braun, Bosworth & Co. Incorporated,
Detroit

Chicago

Vice-President

:

.V

Vice-President

Los

Angeles

Vice-President

&.

Edward

Glassmeyer

Blyth & Co^ IncM
New York




W. Carroll Mead

Arthur L.

Wadsworth

Mead, Miller & Co.,

Dillon, Read & Co. Inc►

Baltimore

New York

Cents

a

Copy

2

PICTORIAL

IBA GOVERNORS

Alonzo C. Allan
Blyth A

Co., Inc.,

Curtis H.

Dana F. Baxter

Hurry,

Cleveland

Detroit

Lot

Francis A. Cannon

Austin Brown

Bingham

Dean

Bingham, Walter A

Hayden, Miller A Co.

New

Inc.,

The First

Witter A Co.,
York

Charles A.

Boston

Lee

Corporation,

City

New

Angeles

Capek

Higginson

Corporation,
Chicago

York

%

ills

John H.
Smith,

St.

Mark Davids

Crago

Moore

A

Co.

Louis

Los

Paul W. Falrehlld

Clement A. Evans

Lester, Ryons A Co.,

Clement

Angeles

A

A.

Blyth & Co., Inc.,
San

A

Bache A Co., Chicago

Francisco

Thomas B. Gannett
Hornblower A

Weeks,

Boston

Chicago

C. Edward Howard

David J. Harris

Marshall,

Seattle

Corporation,

Company, Inc.,
Atlanta

Charles B.Harkins

Albert 0. Foster
Foster

The First Boston

Evans

E. Jansen Hunt

Piper, Jaffray A
Hopwood,

White, Weld A Co.,
New

York

Wm. C. Jackson, Jr.
First

Southwest

Co.,

Dallas

Minneapolis

Robert C. Johnson
Kidder,

Peabody A
Company,
New York




John P. Labouisse

Edward D. Jones
Edward

D.

Jones

Company,
St.

Louis

A

Howard, Weil,
Labouisse,
Friedrichs
and Company,
New Orleans

William J. Law!or,Jr.
Hornblower

A

Chicago

Weeks,

Hudson B. Lemkau
Morgan Stanley A Co.,
New York

Volume 188

Number 5804

■H';-

...

The Commercial and Financial Chronicle

PICTOBIA&

'

90';

0

Mark A. Lucas, Jr.

Joseph Ladin

Waeckerle, Inc.,
Kansas City, Mo.

C. McK. Lynch, Jr.

Dillon, Read A Co.

Lucas, Eisen A

Moore, Leonard A

Inc., New

%
m

Northern

Q9orgeJ.0tto
Co., San Francisco

C.

Charles C. Pierce

Piefce A

Co;, Inc..

Toronto

4

Roderick D. Moore
Branch, Cabell A Co.,
Richmond, Va.

Dennis E.
The

Ohio

Murphy
Company,

Columbus

Spokane

William C. Porter
Dlttmar

Rauscher,

; \

Mills, Spence A Co.
Limited,
,

Richards, Merrill A
Peterson, Inc.,

Greenville, S.

Chicago

'

Co.,

Philadelphia

Beardslee B. Morrill

Co., Inc.,-

Company,

A

-

Arthur C.McCall

Trust

Irving Lundborg A

Drexel

Alester O. Furman

John M. Maxwell
The

Arnold B. Massey

William F. Maehold

Lynch,
Pittsburgh

York City

A

Albert Pratt

Inc., San Antonio

Frank L. Relssnor

William S. Renehard

Paine, Webber,
Jackson A Curtis,

Company,

Indianapolis Bond A
Share Corporation,
Indianapolis

Exchange Bank,

Boston

Dallas

Chemical Corn
New

York

■1

Walter H. Stool
Maleem F. Roberts
GarretUBrom field A

Co., Denver




Drexel A Co.,
York City

New

Mark Sullivan, Jr.
Auchincloss,
A

Parker

Redpath
Washington, D. C.

John W. Valentino
White,

Weld A
Boston

Co.,

Bertram M. WRRe
Janney. Dulles A
Battles.

Inc.,

Philadelphia

3

The Commercial and Financial

PICTORIAL

4

Mr.

&

Delmont

Mrs.

K.

City Bank,

Pfeffer, First
New York

National

General

&

Mrs.

James

Mr.
Gilbert
&

Hattier, Jr.,
Mr.

Alan

K.

White, Hattier A Sanford, New Orleans; Mrs.
Bank of Ameri.ca, N. T.< A S. A.,

Browne,

San

Henry
Robert

Francisco

M.

Gavin,

Wagenseller A Durst, Los Angeles;

&
F.

Mrs.

Arthur D. Little, Inc., Cambridge, Mass.; William S. Hughes,
Mr. & Mrs. William C. Jackson, First Southwest Company, is<uias

George

Machold,

Kneass,

Philadelphia National Bank; William

Drexel A Co., Philadelphia;
Drexel

A

Cate, The Keystone Company, Boston; S. L. Sholley, The Keystone Company, Boston;
Diehl, Paine, Webber, Jackson & Curtis, Los Angeles; Harry A. Michels, Allen & Company,
New York; Ora C. Roehl, The Keystone
Company, Boston

Lester H. Empey, American Trust Company, San
Fraacisco; George W. Davis, Daois, Skaggs A Co.,
-

San

Francisco




Co.,

New

Walter H. Steel,

James
Mrs.

H.

Chronicle

Mr.

&

...

Mrs.

Thursday, December 18,1958

William

v."-.'

C. Jackson,

First Southwest

Company, Dallas

Lemon, Johnston, Lemon A Co., Washington, D. C.;
Morgan, Philadelphia; Mr. & Mrs. Orlando S. Brewer,
Phelps, t'enn & Co., New York

Walter

York

Sheaffer, Janney, Dulles A Battles, Inc., Philadelphia; Florence C. Wilde; Huberta
Wilde, Janney, Dulles A Battles, Inc., Philadelphia; Mr. & Mrs. Robert Rowe,
Stroud A Company, Incorporated, Philadelphia

Theodore

C.

Sheaffer;

Bertram

Municipal Liaison Committee Breakfast Meeting; Walter W. Craigie, F. W. Craigie A Co
Richmond, Van Chairman

Mr.1 A

Mrs.

George

P.

Rutherford,

Securities Corporation, New

Dominion

York

Volume 188

Number 5884

.

*.

The Commercial and Financial Chronicle

Hon. Edward N. Gadsby, Chairman of the Securities
A
Exchange Commission; Harold C. Patterson,
Securities A Exchange Commission

Mr. A Mrs. Kenneth C. Ebbltt, Shelby Cullom Davis A Co., New York; Mr. ft Mrs. Andrew' Eberstadt,
F. Eberstadt A Co., New York; Mr. A Mrs. A. Lowrie Applegate, Hulme, Applegate A

Humphrey, Inc., Pittsburgh

F.

Vincent

mercial

A

Reilly and' H. E. Murphy, The Com¬
Financial Chronicle and Standard
A.
New York

Poor's Corporation,

v\/<■'>' WM

h

• I
I

!4H

r j

jn

s/'; %<£& 'Jr.

Mr.

Mrs.

&

John

E.

E.

Latshaw, £. F. Hutton A Company, Kansas City, Mo.; Richard K. Buechler,
F. Hutton A Company, New York; Mr. A Mrs. Theodore Weicker, Jr,
E. F, Hutton A Company, New York

Warren

H.

Bodman, ue Haven A Townsend, Crouter 6 Bodfoe, rnu&cielpliiftj Mr* & Aril's* L. Paul
aiuani De naven
w
i oturtscnci, crourer <s tso&tnCp Philadelphia;
Mr. A Mrs. L* Pftul
Close, Rambo, Close A Kerner, Philadelphia; Thomas L. Ralph, Fidelity Philadelphia Trust Company,

Philadelphia; Mrs. W. Linton Nelson, Philadelphia

,4'7*. %

/ m
1

Wm

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mmmm<

Wgp? IIS®:

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Quitman
Frank

E.

R. Ledyard, Equitable Securities Corporation, Nashville;
Carter, Jr., Equitable Securities Corporation, New York;
A. Watkins, Stubbs, Watkins A Lombardo, Inc.,
Birmingham, Ala.

Miles

&/?' $$?-,

'■'%

<

J. B. Sanford, Jr., White, Hat tier A Sanford, New Orleans; Harold
W. Claik, Clark, Landstreet A, Kirhpatrich, Nashville ;H. Frank
Burkholder, Equitable Securities Corporation, Nashville; James E,

Roddy, Scharff A Jones, Inc., New Orleans

Elmer F. Dieckman, Glare, Forgan A Co., New York; JosephW.
Sener, Jr.,. John C. Legg A Company, Baltimore; Frederick C.
Braun, Jr., F. 5. Moseley ft Co., New York; Joseph W. Sener,
John C. Legg A Company, Baltimore

*0,

Industrial

Securities

Committee,




Breakfast Meeting. William
Los Angeles, Chairman

S.

Hughes,

Wagenseller

A

Durst,

Investment

Companies

Committee,

Breakfast Meeting; Charles
Boston, Chairman

F.

Eaton,

Jr.,

Eaton

A

Howard,

6

The Commercial and Financial Chronicle...

PICTORIAL

Thursday, December 18,1868

I
1.1

I
'Smf&Mi.

William G. Gallagher, Vance, Sanders A Co., New
York, President, investment Association of New
York; Francis P. Gallagher, Kidder, Peabody

A

Mr.

A

■■

*'K ■■■%$.

&'/■ "t.

Mrs. Charles C. Pierce, Rauscher, Pierce A Co., Dallas; Francis J. Cunningham, Kidder,
Peabody A Co., New Yorh; Mr. A Mrs. Taylor Almon, Rauscher, Pierce A Co., Dallas
.

/

Hudson M. Lemkau, Morgan Stanley A Co., New
York; Clement A. Evans, Clement A. Evans A
Company, Inc* Atlanta

Co., New York

George P. Rutherford, Dominion Securities Corporation, New York; Mrs. Delmont K. Pfeffer; F. B.
Ashplant, F. B. Ashplant A Co., New York; Mrs. George P. Rutherford; Delmont K. Pfeffer,
First National City Bank, New York; Mrs. Calyin Cross, New York

Ernest E. Keusch, W. E. Hutton A Co., New York; Mrs. Harrison
Clarke, Atlanta; James J. Lee, W. E. Hutton A Co., New York;
Harrison Clarke, Johnson, Lane, Space A Co., Atlanta

Public

/

'

Utflity Securities

Committee;




Thomas

M.

Johnson,

Savannah, Chairman

The

Mr.

Johnson

A

Mr. A Mrs. Ogden Shropshire, Shropshire, Fraxer A Co* Mobile, Ala.; James M. Powell, Boettcher
and Company, Denver; Mr. A Mrs. J. Murrey Atkins, R. S. Dickson A Co., Inc., Charlotte, N. C.;
Quitman R. Ledyard, Equitable Securities Corporation, Nashville

Mrs. Frank A. Wood, Goodbody A Co., New York; Mr. A
Mrs. Thomas A. Larkin, Goodbody A Co., New York

Spues Corporation;

Invest

in

America

Committee

John W. Ahearn, Rockland Atlas National Bank, Boston; Craig de
V. Simpson, Bankers Trust Company, New York; Truxton B. Pratt,
Jr., Bankers Trust Company, New York

Breakfast Meeting;
Los

J.

Earle

Jardine,

Angeles, Chairman

Jr.,

William

R. Stoats A

Co.,

Volume ifcfc

Number 5804

.

.

.

The Commercial and Financial Chronicle

K

1

:

*,#s
m

:'M

Mr.

&

Mrs. Rennie

Baker, Rowles, Winston A Co.,
Houston

Alfred J.

Wildes

Mr. & Mrs. John F. Moran, Cooley A Company, Hartford;
Rhoades A Co., New York; C. Ellwood Kalbach, Hugh

Coyle, Hayden, Stone A Co., New York; Elvin K. Popper, I. M. Simon A Co., St. Louis;
Veazie, Mabon A Co., New York; Wickliffe Shreve, Hayden, Stone A Co., New York;
Benjamin F. Peyser, Newburger, Loeb A Co., New York; Alfred G. Wilson,
Newburger, Loeb A Co., New York

W.

Mr. A Mrs. John Rennau, Carl M. Loeb,
W. Long A Co., Inc., Elizabeth, N. J.

Bank

A

Co., Dallas; John W. Bunn,
Louis; Gordon Scherck, Scherck,

Trust

St.

f

r<>

*T,

.

^r* ^ Mrs. Thomas B. Krug, Bioren A Co*
Philadelphia

Roswell J. Yunker, A. M. Kidder A Co., Inc., New York;
New York; John C. Clark, Wachovia Bank A Trust Co.,
Texas

SrapMp

Robert W. Sinarton, Dean Witter A Co.,
Winston-Salem, N. C.; Ted R. Alexander,
Incorporated,

Stifel, Nicolaus A Company,
Richter Company, St. Louis

P

v.

Mr.

Mr..
A
Albert

Redman, A. C.
Putnam, Putnam A

W. Gay
D.

Co.,

gmM

||

A.,.a.S
dr*vdE Mr. Arthur P. Quinn
St. Lou,,,
Mr. *
AnniaQ
Albuaueraa. N. Ma.
Mr. * Mr. D.rld Cdl.«., FW d M/ehi,
C.rp.r«ion,
Hartford, Conn.
Frank L. Newburger, Newburger A Co., Philadelphia
York; Mr. A Mrs. Monroe V. Poole, Geo. B. Gibbons A Co., New

New

York

'/f®'
Federal Taxation Committee Breakfast Meeting; Walter Maynard,
New York, Chairman




Shear son, Hammill A Co

Governmental Securities Committee Breakfast Meeting; Robert B.
of Cleveland, Chairman

Blyth, National City ~
.

•

......

>

8

PICTORIAL

The Commercial and Financial Chronicle

;; /

.

.

Thursday, December 18,1958

-

m

y'/<;7v

1:0*.

Howard

B. Dean, Harris, Upham A Co., New York;
M. Gardiner, Reynolds A Co., New York;
Raiss, Burnham and Company, New York

Robert
John

Fred W. Hudson, Ball, Burge A Kraus, Cleveland; Betty Dominick, New York; Robert E. Clark,
Calvin Bullock, Ltd., New York; Bayard Dominick, Dominick A Dominick, New York; Eleanor Clark,
New York; H. H. Sherburne, Bacon, Whipple A Co., New York

Drayton Nabers, First National Bank of Birmingham, Ala.; Mrs. Charles J. Gable, Washington, D. C.;
Andrew K. Marckwald, Discount Corporation of New York, New York; Mr. & Mrs.
George Kneass,
Philadelphia National Bank, Philadelphia

Lester H. Empey, American Trust Company, San
Francisco; Alonzo C. Allen, Blyth A Co., Inc.,
Detroit

William H. Sword, Morgan Stanley A Co., New York; Mr. & Mrs. Joseph R. Neuhaus, Underwood,
Neuhaus A Co., Houston; Joseph Hinshaw, Watling, Lerchen A Co., New York; Palmer Watling,
Watling, Lerchen A Co., Detroit; Arthur R. Robinson, Industrial National Bank, Providence, R. I.

V

Victor

Mrs.

H.

Zahner, Zahner and Company, Kansas City, Mo.; Mr. &
T. Ottens, Salomon Bros. A Hutzler, New York; John
Lucas, Eisen A Waeckerle, Kansas City, Mo.

Alexander Yearley, IV,

W.

Justin

Albert

J.

F.

W.

Parker,

Education

Committee

Breakfast




Meeting; Robert 0. Shepard,
Cleveland, Chairman

The Robinson-Humphrey Company, Atlanta;
E. Schwabacher, Schwabacher A Co., San Francisco; William
Hibberd, Trust Company of Georgia, New York; Frank P. Smeal,
Guaranty Trust Company, New York

Prescott,

Shepard

A

Co.,

Membership

Committee

Cabell Hopkins,
W.

First Southeastern Corporation, Columbus, Ga.;
Means, First Southeastern Corporation, Atlanta; Mr. & Mrs.
Dattels, Dattels A Co., Ltd., Kitchener, Ont., Canada

David

Breakfast

Meeting;
Louis,

St.

Bert

H.

Chairman

Horning,

Dempsey-Tegeler

A

Co.,

Volume i88

Mrs.

Number 5804

Arthur

.

The

Commercial and financial Chronicle

&

9

Warren H. Crowell, Crowell, Weedon A Co„ Los Angeles; Mr. & Mrs. Walter H. Todd, Kuhn, Loeb A
Co., New York; Mrs. Warren Crowell; Mr. & Mrs. Gerald F. Brush, Brush, Slocumb A
Co., Los Angeles

Underhill, Arthur Wiesenberger A Co., New York; William S. Hildreth, Peoples National
Charlottesville, Va.; John M. Maxwell, The Northern Trust Company, Chicago; Edwin B.
Horner, Francis I. du Pont A Co., Lynchburg, Va.; James A. Cranford,
The

Mr.

.

Marjorie Mooney, New York; R. C. Chapman,
Fulton
Reid
A
Co., Cleveland

Bank,

A

.

Mrs.

Trust

Thomas

Co.,

W.

Chicago;

Atlantic National Bank,

Franklin L.

Nashville;
Finance

Evans, Continental Illinois National Bank
& Mrs. John M. Maxwell, Northern

Mr. &

Mr.

Mrs.
&

Robert

Mrs.

O.

Jentry

Tryst Company, Chicago

&

Mrs.

Henry
A

L.

Harris.

Goldman.

Sachs

Co., New York

Schroeder, Braun, Bosworth A Co., Toledo; Carr Payne, Cumberland Securities
Corporation,
F. Baumann, The Milwaukee Company,
Milwaukee; E. Lynn Crossley, Municipal
Association, Dallas; William A. Noonan, Jr., Continental Illinois National
Bank,
Chicago; Eugene M. Reese, New hard, Cook A Co., St. Louis

John

Officers

Jacksonville, Fla.

Mr.

Mr.

Shepard, Prescott, Shepard A Co., Cleveland;
S. Holmes, International Finance Corp.,
Washington, D. C.

Ralph Baker, James Richardson A Sons, Winnipeg; Mr. A Mrs.
John Wiley, Gairdner A Co., Inc., New York; Norman J. Alexander,
James Richardson A Sons, Winnipeg

F*

1

M'pi: '

\I

mUmmm
mmfmRmkwm

/L

;.fN.

V <*
7

W

Foreign

Investment

Committee,




Breakfast

Meeting,

Milwaukee,

Joseph

Chairman

T.

Johnson,

The

Milwaukee

Company,

Finance

Committee

Breakfast

/

i

-/

k

*

<

/
,

r

'

Meeting; Thomas W. Evans,
Chicago, Chairman

1§

JM
tJ

,

Continental

Illinois

National

Bank,

PICTORIAL

10

Mr.

t

&

/

Mrs.

/

Lockett

Shelton, Republic
Bank, Dallas

The Commercial and Financial Chronicle

National

Mr. & Mrs. Dudley Dawson, Dudley Dawson & Co.,
Montreal; Mr. & Mrs. Garrett H. Taylor,
Wood, Gundy & Co., Inc., New York; Mr. & Mrs. Eric Morse, W. C. Pitfield &
Co., Ltd., Montreal

and

&

Mrs.

Thursday, December 18, 1958

Albert

^

&

M. Schmelzle,
Co., St. Louis

Fusz-Schmelzle

' *

Charles M. Werly, Putnam Fund
Distributors, Boston; Frank A. Chisholm, Varnedoe, Chisholm & Co.,
Savannah, Ga.; Mr. & Mrs. Shelby Cullom Davis, Shelby Cullom Davis & Co., New
York; Mr. & Mrs.
Belmont Towbin, C. E.
Unterberg Towbin & Co., New York

John

Mr.

...

Loomis, Illinois Company, Chicago; James M. Powell, Boettcher
Company, Denver; Walter H. Steel, Drexel & Co., New York;
Alexisson, Granbery, Marache & Co., New York

Gustave A.

D. Moore, Branch, Cabell &
Co., Richmond, Va.; Mrs. Rudolf Smutny; Mrs. Roderick
Moore; Rudolf Smutny, R. W. Pressprich & Co., New York; Mr. & Mrs. Stewart A.
Dunn,
C. J. Devine & Co., New York

Jay N. Whipple, Bacon, Whipple
Edward
Howard,
Piper,
Edward

Syndicate Committee Breakfast Meeting; W. Scott
Cluett, Harriman Ripley <ft
New York, Chairman




Roderick

H.

<ft Co., Chicago; Mr. & Mrs.
Jaffray
&
Hopwood,
Minneapolis;
Robinson, Schwabacher & Co., New York

Co. Incorporated,

Stock

Exchange Relations

C.

Mr.

Committee

&

Mrs.

R.

Atlanta;

Ellis

Mr.

&

D.

Godshall, Clement A. Evans & Company, Inc.
Mrs. Gerald P. Peters, Peters, Writer &
Denver

Christensen, Inc.,

Breakfast
New

Meeting; Eugene
York, Chairman

M.

Geddes,

Clark,

Dodge

<fi

Co.,

Volume 188

Number 5804

.

.

.

The Commercial and Financial Chronicle

PICTORIAL

11

■0
F.

Charles
John

Eaton,

L.

Blake,

Jr.,

Eaton
Eaton A

Howard, Boston;
Howard, Boston
A

Mr.

&

Boston

Mrs.

Lester

H.

Empey,

Corporation, New York;

Mr. &

Trust Company, San Francisco; Norman L. Macy, First
Mrs. William W. Pevear, Irving Trust Company, New York

Barker, Bear, Stearns A Co., New York; Louis S. Hensley, Jr., Indiananolis Bond A Share
Corporation, Indianapolis; Warner A. Rosenthal, Straus, Blosser A McDowell, Chicago; Walter N.
Mathis, Dittmar A Company, San Antonio; Benjamin B. McAlpin, III, Bache A Co., New York
Francis

Henry
Mrs.

B.
Paul

Morgan

The Robinson-Humphrey Company, Atlanta;
New Orleans;
Robert H. B. Baldwin,
Stanley A Co., New York; Alexander Yearley, IV,
The Robinson-Humphrey
Company, Atlanta

Thompkins,
T.

Westervelt,




M.

Rex,
A

Harold

S.

A

Philadelphia;

Co.,

Knapp,

Janney,

Mr.

Dulles

&

Stringfellow,

A

Battles, Inc.,

Mrs. James

W.

M.

Witter, Dean Witter A Co., Chicago;
Brown, Dean Witter A Co., New York

Austin

C. Carroll Seward, Yarnall, Biddle
A Sherrerd, Philadelphia; Kurt J.

Philadelphia;

Heward,

Butcher

Huttinger, F. P. Ristine <ft Co., Philadelphia

Mullins, A. E. Masten A Company, Pittsburgh; William
Clark, Dodge A Co., New York; Joseph J. Muldowney,
Richmond; Harry A. Roberts, Anderson A
Strudwick, Richmond, Va.

Frederic P.
Scott

William

American

William

G. Suplee, Suplee,

Arthur

Horton,

Willis,

Discount

B.

Horner,

Penington,

Yeatman, Mosley Co., Inc., Philadelphia;
Colket A Co., Philadelphia; Arthur H.

Corporation
Francis

I.

of

du

York,

New

Pont

<fi

Co.,

New York;
Lynchburg,

Edward
Va.

12

The Commercial and Financial Chronicle

PICTORIAL

...

Thursday, December 18,1958

%
/

'

-

*■

-

fmm

f-w>

A
^ //P'

S-,

J

m

V

ti-..

PCl

Mr.

&

Mrs.

Gustave

Mar ache

A

Alexisson,
Granbery,
Co., New York

Mr.

&

Mrs. Walter

E.

Morse, Lehman Brother*; Eugene P. Brady, Thomson A McKinnon,
Firstbrook, Greenshields A Co., New York

Mr. & Mrs. Bradshaw

Russell E. Siefert, Stern Brothers A Co., Kansas City, Mo.; Arthur Tresch, A. E. Mas ten A Co.,
Pittsburgh; Walter C. Lyklema, A. C. Allyn A Co., Chicago; Mrs. Russell E. Siefert; Anthony E.
Tomasic, Thomas A Co., Pittsburgh, Pa.

5S; & Mw8- ?er2?rd A' C.Unni2£S?mi B,lur?

Chicago;

Mr.

Oil

A

Mrs. Henning Hilliard, J. J. B.
Louisville, Ky.

A Natural

Gas

Simmons,

Hilliard

A

Son,

A

Company,

Mr.

A

Mrs. Edward B. Wulbern, Pierce, Carrison,

Wulbern, Inc., Jacksonville, Fla.

Carnot W. Evans, Clark, Dodge A Co., New York

Samuel H. Rosenberg, Asiel A Co., New York; Mr. & Mrs. Robert
Allen

Miami;

Jack Zeitler, Third National Bank, Nashville; Fred D. Stone, Jr., Marine Trust Company of Western
New York, New York City; Eugene M. Reese, Newhard, Cook A Co., St. Louis; Mr. & Mrs.

C. Johnson, Ktdder, Peabody A Co., New York; Edward Patterson,

Securities Committee Breakfast Meeting; Edmond N. Morse,
Smith, Barney A Co., New York, Chairman




%:

New

York

Federal Securities Acts

C. Ellwood Kalbach, Hugh W. Long A Co., Inc., Elizabeth, N. J.
Mrs. Herbert Dewitz; Eugene Habas, Hugh W. Long A Co., Inc,
Elizabeth, N. J.; Herbert Dewitz, J. A. Hogle A Co., Salt Lake Citj

Committee Breakfast Meeting; Arthur
New York, Chairnun

L. Wadsworth,

Dillon

Read

A

Co„

Volume 188

Mr. & Mrs.

Number 5804

.

.

.

The Commercial and Financial Chronicle

George W. Davis, Davit Shaggs A Co.,
San

Francisco

Herbert B. Anderson, Distributors Group, Incorporated, New York; Mr. & Mrs. Harvey B. Gram,
Jr., Johnston, Lemon A Co* Washington, D. C.; Mr. A Mrs. Thomas L. Anglin, Mackcll A Coo,
Washington, D. C.J George M. Ferris, Jr., Forris A Co., Washington, D. C.

John Gribbel, Elkins, Morris, Stokes A Co* Philadelphia; James E. Day, Midwest Stock Exchange,
Chicago; Mr. A Mrs. Paul W. Fairchild, First Boston Corporation, Chicago; Arthur H. Rand, Jr.,
Woodard-Elwood A Co., Minneapolis

Russell

Thayer,

H.

Metzner, Central National Bank, Cleveland; Robert L.
Lehman Brothers, New York; Gordon S. Macklin, Jr.,
A Co* Cleveland; Charles J. Kilroy, McDonald A Co.,

McDonald

Cleveland




PICTORIAL

Presidents' Brides Breakfast

13

Wilbur M. Merritt,; First Booton Corporation, New
York City; Charles McK. Lynch, Jr., Moors,
Leonard A Lynch, Pittsburgh

Mr. A Mrs. Hunter Breckenridge, McCourtney, Breckenridge A Co., St. Louis; Mr. & Mrs. Harold G.
Laun, F. S. Moseley A Co* Chicago; Robert 1. Kelley, Harriman Ripley A Co., Incorporated, Chicago;
J. Victor Loewi, Loewi A Co., Incorporated, Milwaukee

Lyle F. Wilson, Pacific Northwest Company, Seattle; George J.
Otto, Irving Ltutdborg A Co., San Francisco; Joseph J. Muldowney,
Scott A Stringfellow, Richmond; Arthur Tresch, A. E. Masten
A Co., Pittsburgh

Harry Michels, Allen A Company, New York; Mr. A Mrs. Wm. E.
Pollock, William E. Pollock A Co., Beverly Hills; Albert Ascher,.
Wm. E. Pollock A Co., New York

Nuclear Industry Committee Meeting;

Paul F. Genachte, Chase Manhattan Bank, New York, Chairman

14

Mr.

&

The Commercial and Financial Chronicle

PICTORIAL

Mrs.

Angeles;

Glover, California Bank, Los
D. Gibson, Lehman Brothers,

Wayne

Richard

New

York

Mrs. William Rex, New York; Joseph W. Dixon, American Securities Corporation, New York;
Buford Scott, Scott & Stringfellow, Richmond, Va.; Mr. & Mrs. Sheldon R. Green, Chase Manhattan
Bank, New York; Franci? 3. Bowman, Chase Manhattan Bank, New York

William B.

Eppler, Eppler, Guerin & Turner, Dallas; Mr. & Mrs. Mark A. Lucas, Jr., Lucas, Eisen &
Kansas City, Mo.; H. Frank Burkholder, Equitable Securities Corporation, Nashville;
Payne, Cumberland Securities Corporation, Nashville; Joseph E. Refsnes, Refsnes, Ely,
Beck & Co., Phoenix, Arizona

Waeckerle,
Carr

Mr.

&

Mrs.

Gordon

Mr.

&

Mrs.

Elliott

Scherck, Scherck, Richter Company, St. Louis;
Stein, Scherck, Richter Company, St. Louis

H.

Mr.

&

Mrs.

W.

.

Thursday, December 18, 1958

Emile A. Legros, First Cleveland Corporation,
Cleveland; Frank C. Carr, John Nuveen & Co.,

Chicago; Miles Pelikan, John Nuveen & Co., Chicago

William M. Kean, Putnam Fund Distributors, Boston; Jack M. Bass, Jr., Jack M. Bass & Co^ Nashville; Eugene M. Reese, Newhard, Cook & Co., St. Louis; Harold W. Clark, Clark, Landstreet &
Kirkpatrick, Inc., Nashville; Henry J. Blackford, Jr., A. M. Law & Co., Spartanburg, S. C
F. Vincent Reilly, Commercial & Financial Chronicle and Standard & Poor's Corporation, New York

Carroll Mead, Mead, Miller &
Mr. & Mrs. Cy Young (guests)

Co.,

Baltimore;

Mr. & Mrs. Harry Beecroft, Beecroft, Cole & Co., Topeka; Mr. &
Mrs. H. Wilson Arnold, Arnold & Crane, New Orleans

-BP*




..

Municipal Securities Committee Breakfast Meeting; John M. Maxwell, Northern Trust Company, Chicago,

Chairman

Volume 188

<

Number 5804

.

.

.

The Commercial and Financial Chronicle

PlCTORtAL

|!

r/;V

a&SM

Wlm '

It

"

WmW§

Mr.

&

Mr.

Mrs.

Mrs.

&

Luce,

Maurice

Edward

Thompson

A

B. Vick, M. B.
Chicago

Vick A

Co.,

J. Murphy, Jr., Stone A Webster Securities Corporation, New,.York;
Philip M. Stearns, Oscar
Dooly & Co., Miami; Abram Claude, Jr., J. P. Morgan A Co., Inc., New York; Robert A. Podesta,
Cruttenden, Podesta & Co., Chicago; Edward J. Jennett, First National Bank, Chicago; J. Earle
Jardine, Jr., William R. Staats A Co., Los Angeles

Peter

E.

E. Carpenter, McDougal A Condon,
Crowe, Kansas City, Mo.; Early F.

Chicago; Mr. & Mrs. Joseph M. Crowe,
Mitchell, First National Bank, Memphis

Mr.

Howard Finney, Bear, Stearns A Co., New York;
Harold J. Schluter, The First National Bank
of Chicago

& Mrs. Donald C. Patterson, Chemical Corn Exchange Bank, New York; Mr. & Mrs. David T.
Miralia, Kuhn, Loeb A Co., New York; James P. Jamieson, Glore, Forgan A Co., Chicago '

IT

N. Edwards,

William

Williarn N. Edwards A Co., Ft. 'Worth, Tex.;

William J. Allison, Allison-Williams Co., Minneapolis;
First National Bank, Fort Worth; David L.

W.

r/-rS/',

<v

fe'
■j

^

•

C. Pitfield

& Co., Inc., New York

Frank

E.

Morris,

Research

Directory Investment

Bankers Associa¬

tion, Washington. D. C.; Mrs. Peggy Rieger, Investment Bankers
Association, Washington, D. C.; Mrs. Frank E...Morris; Erwin W.

Boehmler,

Educational

Director, Investment
Washington, D. C.

Bankers

Association,

John

W.

Fairchild,

de

Milhau, Chase Mcmhattan Bank} New York.; Paul W.
First Boston Corporation, Chicago; Henry D. Boenning,
& Co., Philadelphia; Milton F. Lewis, A.G. Becker
A Co. Incorporated, New York

Boenning

%4"

7* ^
k is. •>

'/
4

'

s-"V.

G. Hobbs, Jr., Creston H. Funk, Hobbs A Co., San Antonio; Joseph D. Croll, Asiel & Co.,
York; John Wasserman, Asiel A Co* New York; Creston H. Funk, Creston H. Funk, Hobbs &
Co* New York; John Gribbel, 2nd, Elkins, Morris, Stokes A. Co., Philadelphia

William
New

T. E. Graham,
Torrey,




Van Ingen A Co., Inc., New York; Anthony E. Tomasic,
Mr. & Mrs. Arthur Friend, Folger, Nolan, Fleming~W. Bo Hibbs & <Co*,
Mrs. Anthony E. Tomasic; Mrs. L. Walter Dempsey"

L. Walter Dempsey, B. J.

burgh;

Thomas A Co., PittsWashington, D. C.;

The Commercial and Financial Chronicle

PICTORIAL

16

Mr.

&

Mrs. Milton G. Hulme, Glover & MacGregor,

Pittsburgh

Mr.

&

Mrs.

Bradford
Eaton

Arthur
St.

&

&

&

Mrs. Lewis P. Jacoby, Jr.,

Thayer, Baker A Co,, Philadelphia;

Mrs. Daniel O'Day, New York;

Mr. & Mrs. Walter T. De Haven, De Haven & Towns end, Crouter & Bodine, New York

Thursday, December 18, 1958

Stannard B. Knothe, Halle & Stieglitz, New York

City; Chuck Miller, Mullaney, Wells & Co., Chicago

Bingham, Bingham, Walter & Hurry, Los Angeles; Mr. & Mrs. John W. Clarke,
& Co., Chicago; John S. Linen, Chase Manhattan Bank, New York

Mr. & Mrs. Miles Watkins, Stubbs, Watkins & Lombardo, Birmingham; Edward D. Jones, Edward D.
Jones & Co., St. Louis; Mr. & Mrs. Julian K. Roosevelt, DiCk & Merle-Smith, New York

Marshall H. Johnson, McDaniel Lewis & Co., Greensboro, N. C.; Einer
Nielsen, J. C.
Co., Nashville; William L. Hurley, Baker, Simonds & Co., Detroit; S. Whitney Bradley,
Howard, Boston; G. Powell Davis, Investment Corporation of Norfolk, Norfolk, Va.

L. H. Borin, National Securities & Research Corporation, Minneapolis; Mr. A Mrs. Harry Simonson,
National Securities & Research Corporation, New York; William J. Allison, Allison-Williams Co.,
Minneapolis; Mrs. L. H. Borin; Winston L. Molander, Northwestern National Bank, Minneapolis

Mr. & Mrs. Curtis H.

John

Mr.

...

W.

Clarke

Tresch, A. E. Masten A Co., Pittsburgh J Arthur A. Christophel, Reinholdt A Gardner,
Louis; Mr. A Mrs. Harry J. Steele, Steele, Haines A Co., Pittsburgh; Richard Morey,
A, G. Edwards A Sons, St. Louis




Mr. A Mrs. James Jacques, First Southwest Company, Dallas; Murray Hanson, General Counsel,
Investment Bankers Association of America, Washington, D. C.; Mr. A Mrs. Thomas M. Johnson,
Johnson, Lena, Specs A Co* Savannah, Ga.

I

Volume 188

Mrs.

Number 5804

.

.

.

The Commercial and Financial Chronicle

PICTORIAL

Brownlee; Mr. & Mrs. Albert C. Purkiss, Walston A Co., Inc., New York; Dr. Brownlee;
Warren H. Crowell, Crowell, Weed on A Co., Los Angeles

Mr.

17

Mrs. Roderick D. Moore, Branch, Cabell A Co., Richmond; Mr. & Mrs. Wm. Russell Barrow,
Barrow, Leary A Co., Shreveport; Harry A. White, White, Hattier A Sanford, New Orleans
&

AHHI

John

F. Egan, First California Company, San Francisco; Albert E.
Schwabacher,
Jr.,
Schwabacher A
Co.,
San
Francisco;
Edward
Glassmeyer, Jr., Blyth A Co., Inc., New York; Charles B. Harkins,
Blyth A Co., Inc., San Francisco

Laurence B. Carroll, Burke A MacDonald, Kansas City, Mo.;
Richard D. Gibson, Lehman Brothers, New York; rrank J. McCormack, H. Hentz A Co., New York; John F. Parker, Lucas,
Eisen

A

Waecherle,

Kansas

City,

Walter C. Lyklema, A. C. Allyn A Co., Chicago; John W. Allyn,
A. C. Allyn A Co., Chicago; Paul Wm. Cutler, Chapman A Cutler,

E.

Chicago;

Mo.

William

Darmstatter, Stifel, Nicolaus
Incorporated, St. Louis

rff WiMS-ms
-

Clarence

us;
Blewer, Glynn & Co., St. Louis; Arthur Horton,
Colhet & Co., Philadelphia; Williami Z. Sup lee, Sup lee,
r
Mosley Co., Inc., Philadelphia; Walter H. Stohl, Fidelity
Union
Trust Company, Newark, N. J.

Blewer,

William

J.

Penington,

Calvin

M.

Yeatman,

Saxton

&




Sloane, Frank B. Bateman, Ltd.. Palm Beach, Fla.;
Cross, Hallgarten A Co., New York; Carl Stolle, G. A,
Inc., New York; John C. Hecht, Dempsey-Tegeler
& Co., Los Angeles

Co.,

m.

St.

Louis

:

Room

:

'

-

-

%

Paul Frederick, Baxter A Company,
Paul Freder
Butcher & Sherrerd, Philadelphia;
A

Sherrerd,

Philadelphia;
Hutton

A

George

A

*** S.

Company,

'mi

b.-•>*"

"

:

New York; Frederick T. Seving,
James W. Heward, Butcher <ft
K.
Coggeshall,
Schoellkopf,

Pomeroy, Inc., New York

PlCTORiAL

18

fhe Commercial and Pinanciat Chronicle

James H. Lemon, Washington, D. C.; Mrs. Roland Merrell, New
York; General & Mrs. James
Gavin, Arthur D. Little, Inc., Cambridge, Mass.; Mr. & Mrs. John C. Hagan, Mason-Hagan, Inc.,
Richmond, Va.; Mr. & Mrs. V. Theodore Low, Bear, Stearns A Co., New York

Mrs.

Mr.

M.

Company,

&

Mrs.

...

Thursday, December i&, 1956

Frank

E. Keene, Stranahan, Harris A Co., Toledo; Joseph M.
Luby, Commerce Trust
City, Mo.; Mr. & Mrs. Leonard Marryott, Stranahan, Harris A Co., Toledo;
Beverly W. Landstreet III, Clark, Landstreet A Kirhpatrick, Nashville

Kansas

W/xpp
'/'A-,.

*A

J

V

*

**''

Wt

i

wrr

-Syv.::

IB

;

mmi
.

■4C

\

■

'//•

'/A?//;

mm

mm

'M
y■

/■'<&.

'
i;i

.

'

'

:

'M

I
'//
W/'fy <

John

McG.

William

G.

Herbert

Dalenz, Calvin Bullock, Ltd., New York; Mr. & Mrs.
Simpson, Simpson, Emery A Co., Pittsburgh;
Mr.
Dewitz, J. A. Hogle A Co., Salt Lake City, Utah

V -:7
V

"A

Gerard

Walter

W.

Kurt

Gingras, Rene T. Leclerc, Inc., Montreal; Mr. & Mrs. Clavin
Clayton, Clayton Securities Corporation, Boston; Jack R. Staples,
Fulton Reid A
Co., Cleveland

H.

J.

Creely, Goldman, Sachs A Co., St. Louis; Mr. & Mrs.
Grunebaum, New York Hanseatic Corporation, New York;
L. Ertinger, Laird, Bissell A Meeds, New York

Wolfram

gggj

Charles L. Hewitt, Francis I. du Pont A Co., New York; Alden H. Little, Investment Bankers Asso¬
ciation, Washington, D. C.; Dennis E. Murphy, The Ohio Company, Columbus; Clement A. Evans,

Robert

Clement

New York;

A.

Evans

Greenville,

4\ 4— Mt

w

A

Company, Incorporated, Atlanta; Arthur C. McCall, Alester G. Furman
S. C.; Sam L. Varnedoe, Varnedoe, Chisholm A Co., Savannah, Ga.

**»*$>$[|

'////'s-./Mx,

*—
>~i

*
|

/

\
\

Co.,

Rowe,

O. Montalvo, Government Development Bank for Puerto Rico, San Juan, P. R.; Robert G.
Stroud A Company, Incorporated, Philadelphia; Blancke Noyes, Hemphill, Noyes A Co.,
George E. Barnett, Jr., First National City Bank, New York; Coleman B. McGovern, Jr.,
First National City Bank, New York

'

<1*

*

j

wwwmi''

Robert
Cliff

F.

Hatcher, III, Alester G. Furman Co., Greenville, S. C.; Thomas
Willmore, Jr., Merrill Lynch, Pierce, Fenner A Smith, Detroit;
Brooks Monroe, Francis I, du Pont A Co., Lynchburg, Va.




L. Thayer, Lehman Brothers, New York; Harold W. Clark,
Clark, Landstreet A Kirhpatrick, Nashville; Paul L. Mullaney,
Mullaney, Wells A Co., Chicago

John

W. De Milhau, Chase Manhattan Bank, New York;
Joseph
Vostal, Kidder, Pembody A Co~ New York; Francis J. Cunningham,
Kidder, Pobbody A Co„ Now York

Volume 188

Edward

D.

Number 5804

Jones,

Edward

Shepard A Co., Cleveland;

,

.

.

D. Jones

A

Co., St.

Mrs.

&

Lee

Carroll,

Lee

W.

Carroll

Cole

A

Mr.

&

Mrs. Steve

&

Mrs.

A

Co.,

Robert B. Harkness, Harkness A Hill,

Mr.

Louis;

F.

&

Mrs. Robert

Keresy,

Baker,

Weeks

Con Topeka

Newark,

N. J.;

Boston

Kemp, Abbott, Proctor A Paine,

James

Mr.

O. Shepard,

Prescott,

A

Richmond, Va.;
New York

Co.,

Miami Beach;




Cahn,

Henry

Herrman

A

Co.,

New

York;

Max

A.

Hewitt,

Johnston,

Lemon^dTTT,

& Mrs. Maurice M. Hatcher, First National Bank, Dallas;
Homer J. O'Connell, Blair A Co., Incorporated, New York

Mr. & Mrs. Arnold B. Massey, Mills, Spence A Co., Ltd., Toronto;
Mr. & Mrs. E. H. Gunn, Midland Securities Corpn. Toronto

York; Mr. & Mrs.

Mr. & Mrs. Paul H. Crosby, Bell, Couinlock A Co., Inc., New York;

Washington, D. C.; Harold H. Cook, Spencer Trash A Co., New

C. Ivor Murray, Nesbitt, Thomson A Co., New

David Torrey, W. C. Pitfield A Co^ Inc., New

I. Henann, Atwill A Company, Miami Beach, Fla.; William Atwill, Jr., Aturill A Company,
Mr. A Mrs. Harold C. Patterson, Securities A Exchange Commission, Washington, D. C.;
Richard J. Brashler, Barcus, Kindred A Co., Chicago; Julien Collins, Julien Collins A Co., Chicago
Harvey

M.

York; John W. Callaghan, Goldman,
James H. Lemon, Johnston, Lemon A Co., Washington, D. C.

„

Mr.

William

i§

Sachs A Co., New York;

Mrs. Ted C. Henderson, Des Moines, Iowa; Mr. & Mrs. Harry Beecroft,
Beecroft,

Mr.

PiCfrdBiAL

The Commercial and Pinanciat Chronicle

York

J. Raymond Boyce, Auchincloss, Parker A Redpath, New York

York; James A. Cranford, Atlantic National Bank, Jacksonville,
Joseph G. Cross, Jr., C. J. Devine A Co., New York; Stewart A. Dunn,

Frank Morse, Lehman Brothers, New

Fla.;

Mrs. Frank Morse;

C. J. Devine A

Co., New York

PICTORIAL

20

Mr.

&

Mrs.

P.

Fred

The C&nimercial and Financial

Fox,

INew

Mr.

&

Mrs.

Fox

A

Co., Inc.,

Q.

Pharr

Duson, Rotan, Mosle A Co., Houston; Mr. & Mrs. E. W. Franklin, Dittmar A Company,
Dallas; William C. Porter, Dittmar A Company, San Antonio; Walter N. Mathis,
Dittmar A Company, San Antonio

Walter

Francis

Mrs.

P. F.

York

Craigie, F. W. Craigie A Co., Richmond, Va.;
Bowman, Chase Manhattan Bank, New York

B.

Donald

A.

Government

Mr. A Mrs.
Garrett H.

Stoddard, New York;
John D. C.
Towne, Jr.,
Development Bank for Puerto Rico, New York;
Mrs. J. Bradley
Greene, New York

w^-rlLrL
Taylor,

Wood,




B^eik Jf""? & £°-' B^ItiPlore;
Co., Inc., New York

Gundy A

Mr. & Mrs. Rucker Agee, Sterne, Agee A
Leach, Birmingham, Ala.;
Mr. & Mrs. Harrison
Clarke, Johnson, Lane, Space A Co., Atlanta

Douglas Hansel, Shields A Company, New York; Allen C. Du Bois,
Wertheim A Co., New York; Mrs.
Douglas Hansel; Robert G. Rowe,
Stroud
A
Company, Incorporated, Philadelphia

Mr"

Mr.

&

Mrs.

Craig

Severance,

Darnel

P.

F. Eberstadt A Co., New York;
Whitlock, Ladenburg, Thalmann A Co.

Chronicle,

.

.

Thursday, December 18,1958

Elvin K. Popper, I. M. Simon A Co., St. Louis;
Edward
N.
Gadsby,
Securities
A
Exchange
Commission, Washington, D. C.

Mr- & Mrs- Frank E. Taylor, Jr., Fulton National Bank, Atlanta;
Herman

Robert

J.

E.

Lewis,

Association

of

Edward

Charles

C.

Frenzel,

Trust

Company,

New

York

Estabrook

Stock

V.

Pierce,
all

Bankers

of

A Co., New York; Michael Charters,
Firms, New York;
Mr. & Mrs.
Hornblower A Weeks, New York

Exchange

Laffan,

John

H. Rauscher, Jr., and Taylor
Rauscher, Pierce A Co., Dallas

B.

Almon,

James

Number 5804

188

Volume

Gallivan,

Alester

G.

McCall, Alester G. Furman
Varnedoe,

Mr. &
C.

Mr.
■'

&

.

.

Fur man

Co., Greenville, S.

Co., Greenville, S. C.;

Chisholm

A

Co.,

William

Emerson

B.

Selected

E.

Pollock,

Harry Lussey,

Wm.

E. Pollock A




Parker,

Kay,

Richards

Maurice

H.

P.

A

Townsend, E.

Meyer, Jr., Hirsch

Meyer,

Co.,

Pittsburgh;

Francis
City,

D.

Mo.;

W. Clark A Co., Philadelphia

A Co., New York; Mr. & Mrs. Maurice

Hirsch

III,

A

Trust Company, Kansas

A

Co.,

New

York

Mr.

&

Smith,

Mrs.

Joseph

York;

New

Willmore,

Co.,

Beverly

Mr.

Mr.

&

&

Mrs. James R.

Mrs.

Clarence

F.

Sorensen,

Harry

Blewer,

Rotan,
G.

Mr.

&

Mrs.

Mr.

&

Mrs.

A

Co.,

Glynn A Co., St. Louis; Walter N.
Co., Houston; George A. Newton,
Walker A Co., St. Louis

Blewer,

Mosle
H.

Bosworth

A

Merrill

Wallace

Lynch,

Latour,

New

A
F.

Fenner

Pierce,

York;

Thomas
Detroit

P. Labouisse, Howard, Weil, Labouisse, Friedrichs A Co., New
Orleans; Robert Wehrheim, Philadelphia National Bank, Philadelphia;

Chicago

Broun,

Quinn,

John

Hendrix, Hendrix A Mayes, Birmingham, Ala.;

Hammond,

C.

Mrs.

Jr., Merrill Lynch, Pierce, Fenner A Smith,

Lloyd

Morgan, Morgan A Co., Los Angeles; Harry L. Sebel,
Co., Chicago; George S. Writer, Peters,
Christens en, Inc., Denver

k.

Joseph,

Wm. E. Pollock A Co., New York

Investments

Writer A

Nathan

Farrell, City National Bank
William

Houston; Arthur

Allyn, A. C. Allyn A Co., Chicago; Herman B.
Joseph, Mellen A Miller, Cleveland

Mrs.

Arthur

Savannah

Mrs. Earl G. Fridley, Fridley A Frederking,

Hills, Calif.;

C.;

Frank Chisholm,

21

PICTORIAL

The Commercial and Financial Chronicle

.

B.

Hatcher,

White,

Weld

A

Co.,

New

Robert E. Christie, III, Dillon, Read A

Arthur I. Wadsworth,

Dillon, Read

York

,

.

Co., New York;

A Co., New

York

Nix, Riter A Co., New York; David W. Hunter, McKelvy
Company, Pittsburgh; Frank H. Hunter, McKelvy A Company,
Pittsburgh

Allen

.

A

22

Alfred
S.
Knapp, Janney, Dulles A Battles, Inc., Philadelphia;
Laurence
B.
Illoway, Penington, Colket A Co., Philadelphia; T.
Anthony Coculo, Fidelity Philadelphia Trust Company, Philadelphia;
C. Carroll Seward,
Yarnall, Biddle A
Co., Philadelphia

Donald
W.

The Commercial and Financial Chronicle

PICTORIAL

A. Stoddard, Guaranty Trust Company, New York; William
Pevear, Irving Trust Company, New York; John J. Larkin,
Reserve Bank, New York; Norman L. Macy, First Boston
Corporation, New York

Federal

E. Jansen

Hunt, White, Weld A Co., New York; William P. Sharpe,
Trust Company, St. Louis;
J. Ernest Savard,
Savard A Hart, Montreal

Mercantile

Milton
Win.

F. Lewis, A. G. Becker A Co. Incorporated,
New York;
C. Porter,
Dittmar A Company, San Antonio;
Charles C.
Pierce, Rauscher, Pierce A Co., Dallas; Dick Clark, Jr.,
Dallas Union Securities Co., Inc., Dallas

W.

..

.

Thursday, December 18, 1958

Russell

M. Ergood, Jr., Stroud A Company, Incorporated, Philadel¬
phia; Alan K. Browne, Bank of America, N. T. A S. A., San
Francisco;
P. Scott Russell,
Glore, Forgan A
Co., New York;
William M. Adams, Braun, Bos worth A Co., Detroit

L. Lyons, Jr., W. L. Lyons A Co., Louisville, Ky.; Walter L.
Morgan, Wellington Company, Philadelphia; Joseph T. Johnson,
The Milwaukee Company, Milwaukee, Wis.; Julien
Collins,
Julien Collins A Co., Chicago

William

Mr.

William

A

Mrs.

Harry Simonson, National Securities A Research Cor¬
New York; Mr. A Mrs. Leighton Borin, National
Securities A Research Corporation, Minneapolis

C. Jackson, Jr., First Southwest Company, Dallas; Brooks
Monroe, Francis I. du Pont A Co., Lynchburg, Va.; John B. Richter,
Butcher A
Sherrerd, Philadelphia; Robert 0. Shepard, Prescott,
Shepard A Co., Cleveland

poration,

Lester

S.
V.

Vanek, Manufacturers Trust Company, New
York;
Murphy, Burr Brothers A Co., New York; Ted R.
Alexander, Texas Bank A Trust Co., Dallas

wmmwm.

#111

B.

F. Houston, Dallas Union Securities Co., Inc.,
Dallas; Lockett
Shelton, Republic National Bank, Dallas; John T. Knox, Federti
Land
Banks, New York;
A.
Bryce
Huguenin,
Dumas,
Huguenin A Boothman, Dallas




William
E.

R. Rovensky,
Buhse, Homblower

Weeks

A

Co^

New

Homblower A Weeks, New York; Howard
A Weeks, Chicago; K. P. Tsolainos, Baker,
York; William J. Lawlor, Jr., Homblower
A Weeks, Chicago

Mr.

C.

:;llf

Chandler Robbins, M. A. Schapiro A Co., New York; Walter
Nester, M. A. Schapiro A Co., New York; Francis P. Gallagher,
Kidder, Peabody A Co., New York

Volume

188

Number 5804

.

.

.

The Commercial and Financial Chronicle

PICTORIAL

Winston L. Molander, Northwestern National Bank of Minneapolis; Mrs. Arthur H.

apolis;

Clifford

C.

Collings, Jr., C. C. Callings A Co., Philadelphia;
A Co., Inc., Minneapolis; Mrs. James Davant,

Kalman

John

Raiss, Burnham
Glore, Forg an A

and Company, New York; Elmer Dieckman,
Co.. New York; Robert W. Swinarton,
Witter A Co., New York

Dean

Wilson, Robert W. Baird A Co., Inc., Milwaukee;
Robert Clark, Blunt Ellis A Simmons, Chicago

Mr. A Mrs. Carl P.
Mr.

A

Mrs.

Mrs. Amory

Rand, Jr., Minne¬
A Mrs. John Curtin,
Minneapolis

Mr.




Maclin, Paine,

Webber, Jackson A

Lord, Eaton A Howard, Inc., Boston;
Jackson A Curtis, Chicago; Luttrell
Curtis, New York

Geddes, Clark, Dodge A Co., New York; Mr. A Mrs.
Anglin, Mac kali A Coe, Washington, D. C.; Victor H.
Zahner, Zahner and Company, Kansas City, Mo.

Eugene

M.

Thomas

L.

Mr. A Mrs. LewisF. Lyne, Mercantile National Bank,
Walter
Schmidt, Schnudt, Roberts A Parke, Philadelphia

Mr. & Mrs. Psml L. SippStern, Lamer
Lorrm C. Mawdsley, Van Alstyne, Noel A

McDonnell A Co., New York;

Smith, Weeden
Mercantile Safe
Parker Corpora¬

Parker, Boston; Larry Morgan, Parker Corporation, Chicago; J. Raymond

Co.,

S. Whitney Bradley, Eaton A Howard, Inc., Boston; Andrew J.
Mrs. Allie Pratt, Boston; Roger C. La Croix, Paine, Webber,

ing, Spencer Trash A Co., New York; Maltland T. Ijams, W. C.
Langley A Co., New York; Chuck Rendigs, Bache A Co., New York

Robert A. W. Brauns,

New York; Mrs. George Putnam, Boston; Mr. A Mrs. C. Meredith Boyce,
Deposit A Trust Co^ Baltimore; Mrs. Gerald Brush, San Francisco; Amory Parker,
tion, Boston; Mrs. Laurence W. Morgan, Chicago
A

23

V.

Theodore

E. B. De Seld-

Low,

Bear, Stearns

A Co., New York;

A

Co., New York;
Co., New York

Thomas Lynch, III, Moore, Leonard A Lynch,/

Pittsburgh; Ernest O. Dorbritz, Moore, Leonard A Lynch, Pittsburgh; John H. Crago, Smith, Moor*
Co., St. Louis; Charles Lynch, Moore, Leonard A Lynch, Pittsburgh; Mrs. Bayard Dominfak*
New York; and Mrs. Charles Lynch, in the foreground

A

■

24

The Commercial and Financial Chronicle

PICTORIAL

Thursday, December 18,1958

w-

Barbara

&

Gerry Goldsmith, A. G.

Becker

Incorporated, New York

&

Co.,

Mrs. John Bryan, New York; Mrs. John Brooks, Hartford, Conn.; Toby Morgan, The Hanover Bank,

New

York;

Mr. &

Mrs.

Julian K. Roosevelt, Dick &

Merle-Smith, New

York

Mrs. Wallace Latour, New York;
Hilson, New York

Mrs.

John S.

■

Mr. & Mrs. Kurt H.

Grunebaum, New York Hanseatic Corporation, New York; George H. Armstrong,
New York Hanseatic Corporation, New York

Edward J. Costigan, Edward D. Jones A Co., St. Louis; Matthew J. Hickey, III, Hickey & Co.,
Chicago; Scott Davis, Ralph W. Davis A Co., Chicago; Bert Behrens, Lehman Brothers, New York

liiiaiii

plilipii
•lillii!

mmm

m

;

Its®

i||i%

i
Hiiiiifci

t

M

Mm.

■3

Henry Boenning, Boenning & Co., Philadelphia; Francis M. Brooke,
Jr., Brooke & Co., Philadelphia; Eugene Arnold, Harriman Ripley
A Co., Incorporated, Philadelphia; H. Dickson Boenning,
Boenning & Co., Philadelphia '

Earle

Mrs. Eugene

Boston;

Black, New York; Robert Harkness, Harkness A Hill,
Mrs. J. R. Neuhaus, Houston; Henry Valentine,
Davenport A Co., Richmond, Va.

Gatchell, Hoyden, Stone A Co., New York; John Wasserman, Aeiel A Co., New York; Martin
Buxby, Tennis Pro.at Diplomat Country Club; Joe Short, Arthurs, Lestrange A Co., Pittsburgh;
Bart Harvey, Alex. Brown A Sons, Baltimore




Walter Levering, Carlisle & Jacquelin, New York; A. R. Hughes,
Lord, Abbett A Co., New York; T. C. Henderson, T. C. Henderson
& Co., Des Moines, Iowa; Mason Starring, A. C. Allyn & Co.,
New York
,

H.

X. Schreder, Distributors Group, Incorporated, New York; Jack R.
Staples, Fulton Reid A Co.,
Cleveland; Garrett Taylor, Wood, Gundy A Co., Inc^ New York; Daniel CDay, The Northern Trust
Company, New York; E. J. Dikeman, Jr., Bankers Trust Company, New York