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V ' V£ Qj: MONDAY n s? I Tv. M'CHig!^ MAR V3 ^957 ISSUE Commercial Chronicle Reg. U. 8, Pat. Office Number 5609 185 Volume New York 7, N. Y., Monday, February 4, 1957 Price $1.25 Copy a and Investment News RAILROAD PUBLIC UTILITY - Life Insurance Co.—New Director— Aetna INDUSTRIAL - INSURANCE - of less y MISCELLANEOUS - 4\'z %. The debentures than of Morgan B. Brainard, Chairman of this company and the the sinking of Aetna Casu¬ the issue alty & Surety Co., announced on Jan. 17 that Eugene E. Wilson has ex¬ pressed the desire that his name not be presented for reelection as a the companies director of Feb. on sented and who served has as director a of panies since 1941. is a former Vice-chairman Aircrait Corp.—V, 133, p. 377. the Aetna Life and President oi Stock and com¬ With Securities and Exchange O.—Registers filed statement Pacific Stock Stock Canadian Stock Exchange— 1 — the construction freight Corp.—Opens Branch Office— Airborne Accessories This has opened corporation the serve Coast West Dow-Jones Stock branch office in Los Angeles, Calif., teletypewriter connection a castings for the $12,000,000 obtained from generate will the sale of retained for the EARNINGS—For amounted for Shoe Company is j leading a Inc., Brightwaters, N. Y., as Its sales agency in the Midwest, east of the Mississippi River. The sales areacompromises Wisconsin, Illinois, Michigan, Indiana and Ohio. It also includes Kentucky and the western parts to first months 10 of and $154,813,000 1956, net sales net earnings to GIVING EFFECT TO PRESENT 35 West Associates Cincinnati, and in Founded offices area in Chicago, Detroit, 111.; is - United issue contested "null and of of in Justice, of believe its position on a brief field on Jan. Alleghany, made the it issue a holding New subject Alleghany not weeks Some initial to ICC the Company or The Act. that that rule the exchange of preferred it was exempt from the rejected SEC both Alleghany points ago. 900.000 ICC of shares of authorization, severe the criminal new stock were issued after remaining 400,000 were frozen Department said on Jan. 15 that but ilie the under vacate penalties the The on Outstanding ____—_ Course Clearings. "should Act the mate The of suffice it that before authorization its Alleghany deter to exchange." noted Department had three-man the attempting from the supported District to ICC in defense "However, Court. the preferred —V. of jurisdiction. 185, p. 41. issue stock invalid were lack for J.—Files The SEC— With company on letter of notification with the SFC at par ($5 be used to machinery and equipment and for working 24 filed Jan. a covering 15,000 shares of common stock to be offered per share), without underwriting. The proceeds are to purchase capital. materials, raw Lynch, Angeles, Calif.,' it was announced on Jan. 16 by Claude W. Ewards, President and General Manager. The purchase price was not disclosed. The newly acquired baking facility will be known as the Alpha Eeta Baking Corp. It will Introduce a line of quality bakery items using the Alpha Beta label to its 30 outlets in Southern California. 60 V. 184, 2833; p. the in Baking 133, V. Co. has supplied quirements in have far its been units announced reaching program industry. The (Ohio)—New Development— Corp. fluidizatlon to meet individual customer re¬ by this corporation, as another step of corrosion-resistant coatings for units provide largest the facilities yet Stock Exchange 25 ADELAIDE ST. W. — of Canada TORONTO, CANADA Brake Co.—Debentures Shoe below Blunt M. Laurence R. have severally Marks relates & Co. 500,000 W. Pressprich Co. 500,000 Simmons 250,000 Singer, Deane & Scribner 250,000 Theatres, Inc.— Ellis & & 1,000,009 Broadcastingr-Paramount Videotape Recorders— Daylight in Saving broadcast delayed Time in radio more than it did as purchased has Co. three a decade ago. operations The American Videotape ABC. delayed for first Daylight Saving Time Videotape broadcasts, follows the patterp the television In¬ set March to allow unlimited local time zone repeats of when DST is in effect this year. Live shows will many other time zones within an hour after their original presentation in the East. The pre-production models of the Videotape Recorders, manufactured by Ampex Corp., will make it possible for many Eastern Standard Time stations and those in the (Central, Mountain and Pacific zones to carry ABC television programs ! at their regular time. The new Videotape Recorders and the film video delay system in and television programs be repeated to will be on Radio of display during and Television American Colortype Co., the Convention the of Broadcasters.—V. 185, p. National 481. Chicago, 111.—Files With SEC on Jan. 14 filed a letter of notiication with the SEC shares of common stock (par $10) to be offered to pursuant to Employees Stock Subscription Plan for 1957 In 100 share lots at 95% of the market price on the New York Stock Exchange. There will be no underwriting.—-V. 183, p. 2069. The company 9,000 covering employees American Cyanamid available for the with poly¬ associates on Jan. 29 offered pub¬ sinking fund debentures, due 1, 1982, at 100% and accrued interest. This offering quickly oversubscribed. up to the close of business on March 27, 1957, preferred stock have the right to convert their shares on the basis of two shares of common for each meantime, the In such of common stock preferred. share of stock, based Jan, 24. the The market value of two shares of common closing price on the New York Stock Exchange of $74.62Vt per share, is approximately $149, redemption price of one share of preferred is only on the 1957 $103.91667 N. Y., Manhattan Bank, 43 Exchange redemption agent.—V. 184, p, 2113. Chase The First Boston Corp. and its 1957. holders on Offered—The Co.—To Redeem Pfd. Stock— on Jan. 24 voted to call for redemption on March 29, outstanding cumulative preferred stock, series C (ap¬ proximately 124,000 shares). Notices were mailed on Feb. 1, 1957, to all holders of such stock of record at the close of business on Jan. 24, directors all whereas American and pre¬ after World War II when the network and Ampex de¬ veloped the first equipment for delayed radio broadcasts during DST. The three Recorders will be installed in ABC's Chicago plant in into _ new were immediately 1957, Custom-made Dean -1,000,000 establishing in ABC, stallations The 2641. p. of metropolitan the bakery goods. More recently the company has wholesale aspect • of the bakery business— with area engaged Olson the years Angeles plan, conversion 141. for Services corporation has purchased the Olson Baking co. of Los For purchase Barney <fc Co.___$l,000,000 Witter & Co 1,000,000 1,000,000 Co., Beane p. television Chicago This stock common for named Smith, Pierce, & 185, Association Alpha Beta Food Markets, Inc.—Acquisition— underwriters Co._ Corp February Allweather Antennas Manufacturing Co., Hammonton, of stock reserved Recorders from the Ampex Corp. and will pat them into large scale use for Daylight Saving Time zone repeats in April, it was announced on Jan. 29 by Frank Marx, Vice-President in Charge of Engineering and General upon (dip coatingi of irregularly-shaped targets ethylene, nylon and fluorcarbons.—V. 184, p. 2833, Members: The Toronto & American further study of the issues and upon consideration of the Court's opinions," it said, the Government has concluded that the Court was right and, "under this view, the ICC orders authorizing were V, 000,000 Fenner consum¬ shares employees' stock 1,000,009 Higginson —V, 48 178,145 shs. 1,163,087shs. debentures to which this prospectus forth opposite their names: Co. & Merrill 47 fluldization The Investment Dealers' Association set Ripley & Lee — the Inc. Federal 12,000,000 stock. unissued the Corp..$3,500,000 Sachs 48 Bank of Boston First Drexel 48 $9,450,000 stock. Pioneering Canadian securities is available Ross, Knowles & Co. Ltd. with common Harriman Banks American Agile request. of Goldman, for been Significant business and Economic trends in Canada are reviewed regularly in our Monthly Bulletin. This informed aid to investment shares Broadcasting - Investmeiit in Canada 28,663 ABC Buys Three Los decisions The 48 System Reserve Reserve by the injunction." It said the the Investment Company A Guide to— on 13 Redemption Calls and Sinking Fund Notices N. to SEC approval, SEC common 1956, connection in a headed by Robert R. Young, Chair¬ argued that its railroad properties regulations. Minority common stockholders challenging this position, and the Court 31, in agreed to purchase principal amount 55 Rates the $1,050,000 included in current liabilities. These notes at 3%, 3%% or 3%% per annum. (Convertible into until Sept. 30, 1957. The present conversion price is share of per ferred & Investment News Cover Combined Condition Statement of said that company an injunction. .The Justice Supreme Court may "properly threat $40.15 (reserved . 443,699 Bond Offerings..— City Exchange Foreign a Central RR., York asked require Investment six 35 v.'' • authorized was in Alleghany filed suit found in their favor. did '. • Condition Statement of Member Banks of has asked the issue 14, and Federal 'wilful' violation of the Investment administers. bv the Interstate Commerce Com¬ mission in mid-1955, but the Department said on Jan. 15 that that action was "invalid for lack of jurisdiction." The Government had supported the ICC's position before the special three-judge Court that ruled against the stock issue and ICC authority. The securities in dispute are 6% preferred shares which Alleghany Issued as an exchange offering to eliminate some $18,000,000 in dividend arrearages on its outstanding 5'/a% preferred stock. stock of \ by the Securities and Exchange Com¬ consummation of the preferred stock issue Alleghany would constitute Company Act," which the SEC man •.'*!>■ • decision that by The ' .' Dividends Declared and Payable Position— by this corporation and lower court ruling that preferred stock to uphold a recent a "we reversed State void." Department view mission has Government Court Supreme The in States stock UNDERWRITERS—The canopy Alleghany Corp.—Government Reverses was ' • General Corporation operating systems, Bungee control systems, standardized right angle bevel gear units, and miniaturized radio frequency filters and starting capacitors for use in aircraft. Its right angle gear units, known as ANGLgears, also have wide application in industry.—V. 184, p. 2729. the n Miscellaneous Features leading manufacturer of linear and a interest common At, Oct. Ohio. Airborne 1947, located are rotary actuators, clectro-mechanicah systems, The ♦Excluding bear 35 Virginia, and Virginia. Russell Mich.; — Transactions American Stock Exchange.____ • of 35 Exchanges Stock New York of $7,287,000 FINANCING Authorized payable to banks due 1958-1965 4V'2% sinking fund debentures due 1982 $12,000,000 $A% cumul. pfd. stock ($100 par) 180,554 shs. Common stock (no par) 2,000,u00 sus. 35 Transactions supplier railroads, with net sales of $117,118,000 and net earnings of $4,757,000 the same period of 1955. CAPITALIZATION 45 SEC Index of Stock Prices directly to the main office and plant in Hillside, N, J. The corporation has also appointed Russell Associates, deben¬ $14,000,000 earnings. Brake the 44 Bond Averages and the approximately compared National Quotation Industrial Stock Averages The office has area. second plant The program of a wheels. car high quality aluminum ♦Notes to to $12,009,000 turned company 41 Over-the-Counter Markets be estimated now between and anticipate expansion of man¬ manufacturing facilities for several steel for accruals from parts has 39 Exchange—Curb Section Stock Toronto 1649. 39 Exchange Stock Toronto — the to obtained be wearing 40 Exchange 96% will although in recent years the com¬ its attention to the development of new products for other markets having greater potential for growth. For the 10 months ended Oct. 31, 1956, sales to railroads accounted for 40% of the company's total output against 60% to others. 39 Montreal Stock general working funds, and the company intends to use them for the expansion of its business in the area it now serves and in adjoining territories. Pending such use of the funds, they will be applied to the temporary reduction of outstanding bank loans.—■ V. 180, Exchange is which 1957 debentures industry. depreciation pany 38 Stock cast the plans possibly plant of program increased of BUSINESS—American 36 ____ Exchange Stock to of 36 Exchange for purposes approximately during the years 1957 and 1958. The balance of the funds which may be needed for capital expenditures and working capital are expected 36 Exchange Stock retire to sale the from Present and new a addition In 31 Exchange foundries, products includes tures, 36 Exchange Coast Pittsburgh its p. redeemable at 100% are calculated capital 1958. in manufacture aircraft 15 ___.. the also 27 Exchange Philadelphia-Baltimore is (Stocks) (Bonds) Exchange Stock Midwest engaged primarily irf the automobile sales finance proceeds of the safe of the notes are to be added to Net business. Stock Cincinnati Detroit Exchange Exchange Stock Stock Boston with amendment. company York American Commission— registration a Stock York New for Page • the SEC on Jan. 24, 1957, covering SI,250,000 of 6% capital notes, due Feb. 1, 1972 (convertible until Feb. 1, 1964, and subordinated to all in¬ debtedness for borrowed money). The company proposes to offer the notes for public sale through Merrill, Turben & Co., Inc. The public offering price and underwriting terms are to be supplied by corporation This steel hydraulic Bond Quotations Un.tecl New Aid Investment & Discount, Inc., Akron, proceeds company's $15,000,000 ganese Mr. Wilson. Wilson, the to is require approximately $17,000,000 during Robbing, Vice-President and Controller and a director of Corp., has been asked to allow his name to be pre¬ the annual meetings of stockholders as a candidate to to succeed The applied In This Issue 12, Ail craft United Mr. the annual meetings at FROCEEDS—Net R. William which fund prior to maturity. is Place, New York 15, | licly $12,000,000 of 4^2% Feb. was The from debentures be if 106% deemed on or refunded are redeemable redeemed after prior Feb. prior to Feb. 1, 1, to 1981. 1967 at regular redemption prices ranging Feb. 1, 1958 provided, at an to 100% however, that interest those re¬ they cannot for cost to the company American Electronics, Inc.—Sales & Earnings Up— This corporation experienced a sharp upturn In business in the final quarter of 1956 with sales for the period accounting for approximately of the year's total. Chairman Phillip W. Zonne announced oa 40% Jan. 24. Preliminary figures for the three months ended Dec. 31, 1956 showed 517,860 shares of common stock outstanding. For, the fourth of 1955, sales totaled $1,616,000 and earnings amounted to the *• aarter (...7,636, Mr. €ie share earnings of $123,000, equal to 24 cents a ■Tries of $4,350,000 and 17 or cents share. a weather company's primarily earnings and which approached stimulator program to volume approximately $10,300,000 and c-.rnings were about $365,000. equal to 71 cents per share. In 1955, the -company's sales totaled $5,935,104, and earnings were $265,013, or 51 <,:jits The sales 1956, year were share. a of unfilled orders at the beginning of 1957 $10,000,000, compared with $6,500,000 a year current backlog and the continuing demand for approximately arlier. ' Based on our the products, the year 1957 should definitely be XZIP'S General Products Group.—V. 185, p. 481. frux American Gas consolidated 4l'he consolidated, after taxes all subbsidiaries its anu company including provision for deferred Feddividends of subsidiaries, is as cnarges and this preferred Simonds 184, — - 5F. Months Adjusted •f hares share—12 common per stock l'i-for-l for split based and during period (19,634,273 1-/8,672 shares for 1955).—V. 184, p. 2221. 37,605.550 $1.95 for .-* and 1956 ' related items the Among have Navy's West Hanover as well as at 135, 337. p. - . The „ Rubber Beaird B. the acquisition of two new com¬ Shreveport, La., and W. J. Voit Calif., it was announced on Jan. 22 by Chairman and President. Co., Angeles, Board Los Corp.. .^Forehead The J. The consummated has company Patterson, Beaird Inc., leading manufacturer of LP (liquefied pe¬ gas distribution systems and package compressors, and pres¬ vessels for the oil, gas and chemical industries. Voit is a manu- troleum sure of bile truck and rubber tread TJayground tires, talkative most two Exilities companies new General and will all-rubber athletic balls, AMF's Hamilton, 1956 In jrer share after all taxes, Net sales luock.—V. Canadian 179, Jan. on said 15, that with $3.04 in 1955, basis on Meter equal 1956. 12 to Net cents wholly-owned earnings share per after of will American MonoRail Co., Cleveland, O. preferred share may be converted into 21-a shares of common rtock, with cash adjustment for fractional shares. The preferred stock 5a also redeemable, all or in part, at $21 per share, plus accrued < le preferred stock rihall the at also use market purchase a price, but not fund acquire to exceeding §20 per «/iare. BUSINESS—The r is a leading manufacturer of overhead systems used in all types of industry including automotive, chemical, textile, and metal working plants. materials company handling rarcraft, taxes— 1.982.060 1,751,549 22,254.093 income 5,061,879 6.408.423 60,624,117 3,803,126 2,525,824 460,662,562 Cleveland, 'See cf portion any stock <vommon < rtstanding working the i $215,000. i ncreased the financing templation of a «nd in 150th balance any the would cost and preferred $1.20 to Cleveland. equity and in to con¬ the company's plants and constructed at Brookpart Road be Ohio. This EFFECT TO program PRESENT will require such amount financing New Outstanding American $1 .) 40.000 shs. $500,000 shs. 4100.000 ■fcl-ock shares for is shares f /opurchase" OFFER ublic subject repurchase to REPURCHASE—In through vithout < ♦ tares 1956. > the to the of < nder of "Offer to see shares some of its authority of the stock common of treasury were offered for sale to the mails and otherwise by the company the period from April, 1956 through share, and 30.400 shares were sold. These of the per primarily to shareholders, officers, directors, em¬ and dealers' of the company. or to persons closely groups, including some of the customers and suppliers Regulation onion the company with during of offered so were there may have Section 5 of said Commission, • use $7 shares 1933, violation 4 by the accordance of A counsel common for stock the such covering of been act, registered although Securities have Net for to € »c company It is the the purenase price received thereon. intention paid, with interest, less the amount proceeds - ivn of. j opportunity 30 aays irom and of the rescind tne UNDERWRITERS data The such purchase oi ine names niaumg of the each-such-purchaser if oi desired,' within sucu^ouer. several The subscription supplied bv amendment, principal underwriter.. ' be price ing contemplated calls, for the improvement . expenditure of and underwriters a' -period -v , and - the of these Of Canada and is Feb. 33"! and 14. 1957, that and in Chile the effective will warrants is estimated be the that United and. Mexico. will be on date mailed as soon .t' ,, not mailed be to having net in || subsidiaries intensified previous figures adjusted ' fiscal net oi Armstrong Tire & of The Armstrong intercompany sales, 7.6(v Mr. year. to fiscal amounted to to the-coramon ' , financial ■ & Sept. equal Ruober's -equity ' ' ■ Rubber 28.64<- a divi¬ Sept. 30, /. ' , of interest,- not are $258.000,, received-',during the in tlyese earnings 'totaled $1,089,71-6-, s.tock.^V.-' 184, common yeajf, Armstrong equal u 70 emus ^ 817. p. Arner Co., Buffalo, N. Y,-.-New Development— A about * to semi-automatic-device -for-applying wrap-around vials "lias been developed by this, company..- ' The unit-is particularly, effective w'here-comparatively ' small ing r.urrs are minute per required; due the- ertse 'with to which- it the'line.-Capacity of the labeler. and vial.—V.. or ■ labels and and takenvQff , registered / portable, . bottles it 184, 1910. p. ad¬ *i] can label¬ put oe ri« about 60 containers to,- accommodate any size bottle be- adjusted can is ; -••' . - - . dresses outside the continental United States, Canada, Mexico and Cuba having APO or FPO addresses, but will be held for such stockholders City Bank Farmers Trust Co., agent, 2 Wall Street, New York 15, or by Arnold * With Altex Aluminum Securities and Co., Exchange Y.. subject to satisfactory arrangements,being made"-.with the agent exercise, sale or other disposition thereof, until 12 noon on the dav preceding the expiration date of the warrants. Unless^ oif or before Miami,. Fla.—Registers Commission for that time, with the accounts other agent, arrangements- have such of the will warrants owners.—V. 185. p. been made then be bv such ; stockholders 'if possible, for sold, The purchase price $2,500,000. was represented by Snyder acted in his & Co. The of New of of v-' Of;'the s Svndicate' Mr. Epstein's- by ' the to in Co.'have/signed fatty products of acids in used their and the oil chemical industry. In bv-products, addition, research will be started by Oleochim to assist developments in the oleo-chemical field. trial Both Archer-Daniels-Midland and Palmafina as'well in payments -.Tlie The oi corporation 1956. year This common stock B. Jan. 28 equal allied >_EC pursuant $6 31, the on Charles The net income Mr. In record pared the Armco shares 9.3 figure coxenng to included Armco's interest in Mr. of with Revenue ore in Hook that or $6.05 share per from totaled sales the tons He in Armco 10 cited constantly margin. a of 5.220.147 1955. had - rising $130,021,000 tons of the inventqrv general and and accounts working capital. wno hold stoCKholdels, its receiv- in the shares, respectively. tms/ ,e earnings costs as if^H lished the compares its 184, before taxes > - registration $1 par statement-with the stock, to e issuec common subsidiaries to officers under and key ein- Personnel Key its p. 2833. 12 24 for the fiscal y.ar ended 5476,804 compared with $373,0d3 Dec. on of months. t < " year, d . WQigta/Presideni,'.stated that through the reiiivesuncrJ a.nd additional credit lines, the company during l9o > _°T iucrease its volume of business. Operations were exMaryland, Dfiaware -aud New York, in addition to estab¬ Pennsylvania and New Jersey Cre(iit to a options" issued f «-«-tn each of had Durin^hi SfI5;.305'compared income and equipment; company and additional purposes of warehouses after ail" charges and taxes, amounted aft?r Preferred dividends, to 20 cents per share '^7a,c®mmon shares outstanding. This compares with nef shares ' or 19 rceuts a share, in the preceding yeari to outstanding on Sept. 30, 1956. com¬ -• in and Of receivable accounts Oi. additional open Corp., Philadelphia, Pa.—Earnings Rise ta-for' the inpnm - ingot Credit • on of income adjusted new- lower profit record the on are borrowed froin funds of assignment to selling com,-)any and its preceding 5 iL to $761,800 000 . the a?, on Armco sales rose the. company earned 8.2 cents 1955. each dollar of sales brought said. " time. production. 1955. In production Hook said non-recurring mining firm" income year. 5,099.905 that at the company's new iron an 62 Vic shares 450,000 qJ?1S^CQr^-?tlon reported 30. 1956.- total * $64,350,609. along 1956. last behind in in repayment on corporate shares exercise t>ept. ' ■ $2,979,370 306,000 the e - Atlas t shares Chairman in 1956 earned that non-recurring cents, output Mr. of with $692,683,234 Armco's an for outstanding dollar of sales of Hook, ' Hook said Before reason sale said. 1955, 633,021 earnings from Hook 10.878 75' R. " in Miami' four the' Stock Option Plan.—V. earnings of $65,250 Q00 for the share per Dec. , being by certain selling stockholders. shares C0Iupa™ 011'"Jan; .30 filed specialized at be • and. 3.497 cattle feed reported to to 127,760 shares of preferred and common stock e.oproximut.elv, $1,487*795. intended at $300,000 lists one and $4 for tlie as the principal Ashland Oil & Refining Co.—Registers With SEC— indus¬ highly announced. of of an--initial- public named is stock, common indebtedness of is lilCoC I, consisting Morris. °^s' soaP5- margarine and outstanding of jJHl at preferred commission $300,000 general 415.685 \.n>X outstanding, common shares. Morris President, is. selling 28.749 of .h's hidings of 255.239 shares, nnree otner oilicers,- James H. Suddeth.. Robert. ,M/ Suddeth, anQ Kenneth F. Beauchene, who now hold 68.167, 60,810 and 31.469 shares, respectively, propose to sell 10,823, 6,934 * Corp.—Reports Record Sales— on was of receipts; piospectus f kc Armeo Steel the Inc. Mason, . units program furthering are for subsidiaries, including the -carryinc aggregate will and as long-range a shares follows: as vln common, the: common. on company'/ estimated warehouse aole, part*- « of Riemc, Jan. 23 in advices from the Belgian Office for Foreign Trade. The new, jointly-owned venture will be known as Oleochim process ^ $2,000,000 production Belgium, it was -revealed orr Ertvelde & SUHiK sale ^ k°ifices; $40,000 for "the purchase the balanee tor Archer-Dauiels-Midland Co.—Belgian Agreement— center- V/UilliilUIl share; of unit'($5 pgr First^National Bank and * 177,760 b*» .used the 50c ■ .research one company, and 50.000 proceeds from the sale of Net own acquisition of the Omaha building represents' another unit in Epstein's holdings, which include office structures in Minneapolis, Louis, Chicago, New York, Cleveland, I.os Angeles. San Francisco' and $9 Ui for-'public and underwriting preferred-and " This company and the Belgian Palmafina nership agreement and Joined in the erection ouaica 'offered Scott. Horner underwriter. The * City.- * ijiuu to "be preferred common i. seller-,, Nationwide York behalf. Seattle. a » are offering .price •The St. 1 share \ .Acquisition of this building in downtown Omaha. Neb., by Julius Epstein. Chicago (111,) investment banker, was announced, on Jan ' 17 firm * rities the 481. areas. Instalment . notes . receivable out* with $1,983,802 at Sept. 30. ^ fkscar year note-S. acquired totaled $2,321,242 com ?lthi sl'796.3ia in-the'preceding *12 months.—V. 184, .p- I0o! ^ | After| company/ The net income of these for the • 1956 fiscal year. ap¬ \ | affiliate,] -Chemical «- & $4,008,362 Arinstlong on has. 1915 on 50^ -owned ^Copolymer Rubber, of . the to " . and highest 30, after 1935,' to S1.74 outstanding the' company's Co;i which ""-Armstrong these . of Rubber amounted ; _ statements Tire outstand¬ second ended $2,734,133, shares $2,797,963 shares was,the year o added. $5,489,963, as com After provision for common income net sales: above- Machlin amounted the; 1,553,886 1956 of include not sales previous "fiscal'year. net income amounted on The for com¬ record do preferred stock which waa-retired July. 5, ' ' Per share the eliminating increase an the income deducting .dividends .. stockholders share affiliates- the effective date and will expire on or about March 5. It is expected that the subscription rights evidenced by the warrants will have a market value, and will be traded on the New York and Boston Stock Exchanges. ; will . wholly-owned sub¬ totalled $71,313,421, consolidated 1956. consolidated. with after Warrants ■ affiliate, Combined affiliate, share per 30, the Corp.,.; in possible as 50^- -owned previous taxes, $1.80 on The ~ . over These earnings before taxes income Armstrong *t States or the Its 30/ 1956, 3.4'i year. Miss. this and and or company's-'historyh- FoY''tile 1956.; expansion,, program. properties in on properties on presently expected that It ended Sept. $90,121,645, Sept. the dends aoproximately expenditures Natchez, in costs fiscal company's and consolidated plant in Chile, expansion and modernization of existing fabricat¬ facilities and completion of the new fabricating facilities""'now' V construction. the to to on per wholly-owned company * hi its unusual the year 1955 with $5,328,133 equal Co. & ■ market. of $2,331,555 the Co. Federal under¬ and Hallgarten ■> pared the proximately 67will be expended Statement to held. then to of the program Mr. who person Registration Co. sales fiscal of Consolidated $330,000,003, by the company and its consolidated subsidiaries-during the period Sept. 30. 1958, through 1961, principally for the further expansion of production in the Butte District, develooing and equipping. F1 Salvador mine in Chile, improvements at the Chuquicamata mine1 Exchange company to mail on or about Feb. 6, 1957 purchased shares of such treasury stock before became effective, who still holds" such 4 f.ock, a Copy of the prospectus -issued in ■ connection with -the -pre# erred stock offering, and voluntarily to offer-to each <ue are the as finance This common <£ dividends terms exemption and appropriate in the respective purchasers of period a shares tlie $83,788,171 , and* • of replacement net in from Rubber financing will be added to the-general funds of the company; and it is anticipated that such funds together with' amounts becoming available from operations may prove sufficient unintentional par value company (now $1 par stock by reclassification > may. tnerexore. be entitled, of one year from the date of their purchase (the period <:? limitations provided in said act), to tender to the company the certificates for the shares purchased by them and to receive from tr.lue fur no ,y company incurrence the for Rubber .j Securities been The of the 184, ' this the for increase results York—Registers With SEC— prodifct'^^V^lM1^ °2 the and application States would company. under inadvertent an United offer the not p : . year ended Sept. 30, 1956, resulted in the largest in the history of the company, it was announced by Frederick Machlin, president. Net income reached level than in the previous yen-, despite interruptions iu $68,981,866 preferred company. Since ftt at agents such elated convertible offered were ployees. i>f the underwriting, xtober. stock, below. TO company's board of directors, • o par value then held In its 4 of five named §326.590 shS. common 2114. p. 26 sidiaries 2322. p. Jan. on company each and conversion 184, :- writing offered. now §30.400 for reserved to below.—V. 25 filed a registration statement with-the SEC The. covering *1,734.865 shares of its $50 par capital' stock. company proposes to offer these shares for.:--,subscription by its stock¬ holders "of record Feb. 14, 1957, at the rate of one additional share Mr. value par Loeb, Rhoades & Co. at dealer's discount of 70 cents a completed.—V. 184, was of Consolidated Broadcasting-Paramount Theatres, Inc. above.—V. Anaconda Co., New was 40 Ono shs. ♦Changed from common stock without ;par value $1. effective Dec. 24. 1956. England Electric System secon¬ (par $1) fiscal the higher a Aquila Court Building, Omalia, Neb.—Sold— series, 1956 407,404,103 ar¬ FINANCING common stock volume Dec. amounted 50,000 shs. _ stock, and finance share, with It production, 1678. p. appYoxi- to capital, The GIVING (par during on an N. consolidate stock pfd. conv. (par $20) ^Common stock to receivable accounts company's Authorized torial to loans used company intends that will be raised by the issuance of funded debt, but no rangements have been initiated. " CAPITALIZATION added be bank were of now subject stock short-term stock offer loans position. building new Street, $1,000,000. to such application bank common common the to program single a West of cash increase will with tendered, surh inventories of slv^t-tenn the of (after repurchase company's retire all be of financing $500,000. proceeds company's This < 700,000 should The this the to of event from the sale amounts strengthen e.ffices the offer repurchase lately used amount In of under be the capital. <he proceeds C-hio. proceeds required will > in 19.358.616' 59,278,872. - 481. p. II Jan. 30 by Carl M. on operations Ampex Corp.—Sells Videotape Recorders— It net Co.—Secondary Offering—A .' Amesbury Electric Light Co.—Proposed Merger— ing Avenue, Cork Armstrong Rubber Co.^-Sales and Earnings Higher- petition under PROCEEDS—The charges- 185, tems company designs, engineers, fabricates and erects handling .sys¬ with caoacities up to 20 tons. Incorporated in Ohio. May 14. 1.926, American MonoRail's principal office oncl main plant is at for per share. per 42,465.000 45.758.000 4.109.000 after 7 he t.chens 3,628.000 taxes— operating —V. Meter Each company made was ' $ $ S be Preferred — stock $26.8712 1956—11 Mos,—1955 operating Other income c'nmpamr recapitalization- plan, 1954 a Armstrong- 230.804.390 of subsidiary, taxes this 351.906.878 See another Co., for prevent of dary offering of 16,683 shares of (MONTHS 11 FIRST AND 1956—Month—1955 21.944.134 263.220,904 sales net Offered—Fulton, Reid & Co., Inc., also of Cleve¬ land,Oon Jan. 29 publicly offered 40,000 shares of $1.20 cumulative convertible preferred stock, 1956 series, at f ar ($20 per share), plus any accrued dividends. The - tele-, 33.732,108 391,857.114 Net Titock dividends. NOVEMBER FOR to withdrawn in Cook County Superior , 36.243,000 26,123,296 The American were 37,276.235 60J. p, ■ there 1956 Operating expenses 185, p. 481. Inc.—Reports Increased Earns.— compared as approximate $2,800,000 approximately $82,000, 1, Jan. Operating revenues- currently outstanding. for S. Worlds 6,500,000 over increase of record ... of as Period End. Nov. 30—• approximately $31,000,000 as compared with $29,000,000 fn. 1955. Consolidated net earnings of American Meter Co. and Westcott 4r, Greis, Inc., wholly-owned domestic subsidiary, are estimated at $4.35 trill year. United States the v \ ■' temporary-, injunction a; '•• '' " •"./ •/ the oompany' exchanged the S6 debentures and common ..stock purchase warrants The dividend is payable Feb." 8 to common stockholders of record •'Jan. 10./In announcing the dividend, tne rompa v specifically exeluded warrant holders from participating in the distribution. ' Edward.M. Solomon, Mr. Healy's attorney, was granted permission .bv the Court to withdraw the motion for the injunction "without preju¬ dice." Following the hearing, he said that" his client'"may file for an injunction at a later date."—V. 185, p. 142. ' Z/// phones (now there are more than 59,000,000) operated by some 4,700 private companies. Most of the telephones in European countries were operated by government agencies. were shares total reflected a The "the previous holder Under .. , The in.. U. are .,///, 27 '■/ Dividend request dollar President, Jr., rfr.r <.54,442 globe the - . same-time, ■: Mr. preferred Group." Products American Meter Co., G. on Dec. on - r ' -holders. . earlier. years Federal wholly owned subsidiaries under as " the company's annual survey. ■'■/. *'n // beginning of 1956, the survey showed, there were 101,000,000 telephones in the world, or two phones for every one in service 10 Net William spots reported been taken for an injunction was filed by Raymond J. Healy a the company's old $6 preferred stock on Jan. 8 At Healy's suit, asked' tfie' Co Ttr Yo rescind the m stock dividendj declared by the company in December or require that additional common shares be set aside for the benefit of warrant Tlie former /'the the At EARNINGS expansions bring 13 engineering laboratories. operate Wv;.1' Telephones," equipment. recent also Standard-Thomson Corp. below.—V. Gee telephone were S other • Alaska. and facts other shares.. and to 37 plants up automo¬ and This 153,492 shares of AMF common stock; was 121,680 retreading "skindiving" underwater acquisitions new for used major producer of a and price of Beaird acquired for was These (("camelback") and supplies, Purchase The a i /rxturer X'TF's is company :... . /(,.: « t •.'v.';* C seeking motion A - has (111.)—Motion to Halt Stock from paying a stock dividend was Court at Chicago, 111., on Jan. 15. Telephone & Telegraph Co.—Issues Survey American 19,- territories—Hawaii '../his Withdrawn— and testing facilities and a firing range a 1,900-acre testing range at Halifax, Mass. laboratory ■'//". & Co. Armour (jet-assisted rocket, the only extensive Co.—V. 185, p. 338. ney & '/ JATO shares headed by Smith,;; Bar¬ by the underwriting group up in which National Northern, has participated 2.75-inch rocket,, the igniter for . the U. S. Air programs common scribed." The balance of 40,264 pyrotechnics, propellents, detonators, fuses audi' the military services and commercial customers., for the been —V. 1,047,915 of has explosives, of debt, excluding the current portion nt $51,330,000 at .the vear-end, he stated.1 Stock Offering 96.3% Subscribed —A total shares, or 96.3% of the 1,088,179 shares stock offered by ...this corporation to stockholders under rights which expired on Jan. 24 was sub¬ of Chemical.Corp.—Acquisition & purchased National Northern Corp., which will carry on the ordnance and explosives research, developmentanc testing business known as the rational Northern Division of National Fireworks Ordnance Corp. at West Hanover, Mass., according to an announcement made on Jan. 17 by Peter Colefax, President. Activities carried on by National Northern s-stafi oi 50 'scientists and technicians include laboratory- studies, pilot production ano fie J corporation <• stood,, at $5 870 000, * Common Potash American American Machine & Foundry Co.—Continues Expan'n panies, 500 number of average on shs. Inc.. __----r---r---r-----EdWafd N. Siegler & Co— 3,000 land, 1955 - outstanding in 1955, he said. The-T company's long-term $3,181,969 39,621,249 months—$2.02 —- —- learnings Co , charges 2730. p. year, ■ 1,000 Inc.- 34,394,062 $3,243,970 35,799,931 Month Months ** —V. down .slightly, from the $132,413.000. in pre-tax 'income tt. had in 1955. Federal income laxes amounted- to $64,771 Z against $66,613,787 "the prpoedihg'vear. '• Combined charges for depreciation and ' accelerated ? amortizatim, totaled $33,332,000, only a sliglH Change irom tne $33,880,730 in sue! Shares- ~ *' 4, 195] 1956, in. Livingston, Williams &f-Co., Co. & .Monday-,-February ... company - H. L. Emerson & Co 19.500 Inc.___ Co., Podesta ; take-off i unit, sou rifling grenades" for tne Aerobee new pressed explosive to- go into regular service since World War II and a number of classified projects, National Northern's facilities include approximately 90 acres ot 1956 Period Ended November 30— V & 10,000 The First Cleveland Corp.5.000 Force f ../lows: "SV <' . Shares Reid testing Co.—System Earnings—. of income net tifA income Electric & American best follows: last agreed stock which each has convertible preferred of as are Cruttenden, This company's backlog fwtaled f full the For of shares purchase Baker. the final months of 1956. j roduction in to Fulton sales increased the attributed Zonne number Chronicle and Financial The Commercial (606) r 185 rfrumber 560&. The- Commercialand Volume FinancialjChronicle .*• , (607) 3 - WithSECv £\ Berkshire ^a^Ce.^E^rnings at Higher Rate— corporatfon W .Ma. *T6: filed a iefeeer:: of notification wltib tlie covering 300,000 sharesAof common stock (par 25 cents I'1 to be The SEC L-cl^A'.. of. tlPr'^shflXP *1 Wrt,hcmt. li>i()snnTUrn» T>u>. • : iL «._! j_ * - - PerR)d iSndrNo\, -Operating • 30—; * • revenues. 1956—5 Mos.—1955 v . $746,136 - 526,803 Ta,xes Automatic Canteen €©. of America—Earnings Up— 108,835 Both/consolidated sales and earnings reached record peaks in Nathaniel-LevCrone,* Chairman of the;Board, stated prf Jan. 15. Consolidated sales 'for the fiscal year ended Sept. 29, 1956 ' 1956, Utility i:- 94,480 $72,468 125,810 Other $63,438 ' ' Income c*>er; income Gross $98:905,910 from $95,5T98,155 for the year ended Oct. 1,* 1955. ; ■*% before provision for Federal income taxes was $4,592,975. provision for Federal income taxes was $2,200,000 and net income after taxes was* $2,392,975. This compares with net income aftertaxes In 1955 of $1,947^,387. ... ; ' - v - ' (iiei)_.:__ tv income Incoirie .Net income i 1,184,765 84,781 91,460 - 320,691 .. $251,024 13,533 v - i Charged $-)8,278 1' , , $279,988 $211,488 34,446 106,338 84,119 $42,525 $173,650 30,977 $127,369 Net Yantis NOVEMBER $7,464,707 expenses. ; 5,757,743 / " and C. F. Childs MONTHS 11 1956—11 Mos.—1955 $7,185,262 $80,963,160 $78,521,270 5,585,413 ^$1,706,964 inc.— oper. 185, p. Inc.; FIRST 63,892,020 59,571,686 *rl ( from ry. oper. railway Co. & AND 1956—Month—1955 * revenue.. oper. rev. —V. S. oper. ' . Shearson, Hammill & Co.; Ira Haupk Mullaney, Wells & Co.; Suplee, & .Co.; F. , FOR ' 15,466 $76,971 *45,997 ^ , Inc.; Period End. Nov. 30— Railway Railway Corp.; Hutchinsoh EARNINGS - $196,022 28,964 - Hanseatic McMaster -. 263,623 • Netv York Co.; Net to v rose % Ir,382,986 36,011 '■* * __ & Ycatman, Mosley Co. & Co., Inc. i $1,729,191 . •;MK :• - 467,054 - 37,830 * ' -Co.; 1 1956—^12 Mos—1955 $2,046,161 $660,983 $1,599,849 $17,071,140 $18,949,584 621,986 5,400,712 6,282,108 557,688 482. The , % ' i : V v '.V Rnlftru, /rEamf share in 1955. . %-r y.1 pointed out that, the net earnings were depreciation equivalent to .$3,S'0 a. share as against \" $2.21 per was after . provision previous year.. .. . " ■; v - ■■■■■-. V'V Total assets, were $32,912,673 at the yetir-end. As a result of the in¬ earnings and depreciation, working capital at Sept. 29, 1956 to. $11,100,762 from $10:692,664 the previous year. ratio -,ot current assess to current liabilities the 184, tion a -Earnings Increased— __L from £_____ '696,000 and -766,000 4,995,000 income— 12,929,000 1,172,000 the 1,172,000 Preferred stock dividend requirement-— omits available for Balance stock___ common shares average 13,241,000 (based Earnings per share on common stock on stock common 1958 30, and tion 11,757,000 30, 1955 respectively. The at rapidly close $1.95 . , and to meet and gas 1956 $40,000,000 by its customers for increased electric construction expenditures will be close to company will ment V. 184, that the expects now maintain annual exceed or this investment rate for of Railway oper. next and and five of the not the years.— Net rev. from railway —V. 185, 38,190.234 426,483,009 395,138,736 342,877,581 316,519,507 8,131.399 6.245.473 83.605.428 4,268,297 2,933,853 40,178,177 Jan. terms to are named Of of stock Florence shares Elaina the for Norden, respectively, for under of of Carl L. 121.800 shares 270,992 Norden, (20',; shares Zurich, ). of l ank are is Co. the 173, one of of a This filed The to the of (a) 182, Division 111. has accessories The the complement to and in which come fixture, grab corporation filed 22 Inc., 184, a "holder, soap p. hundred and each of three Norden and shares agreed shares Co., Md.— Towson, Co. letter of a house. banking of Blair purchase to of & Inc., Period North in North Paper * ' ' ' ' Higher— •' *. , share record on the on fThe for of by '\ • • t . * , < . i . and increase an sales lf.56, of > 7.29'; outstanding shares $647,247,489, totaled on from the same date a year ago. No dividends were received from unconsolidated subsidiaries in either, period. Provision for United States and Canadian Federal income taxes for the two periods was $17,429,287 and $17,032,286, the organized under Delaware law' on Dec. 5, 1956, of drilling oil .and gas wells.off the shores Louisiana and Texas in the Gulf of Mexico. Net States proceeds of purpose of this ^ was principal the nrior sale of common stock $1,907,440 toward purchase of a mobile drilling platform from R. G. LeTourneau, Inc.: an unspecified amount (to be supplied by amendment) for a <liesel electric drilling rig-and related drilling equipment;- $120,000to be deposited with the debenture .trustee; and the balance for working capital. together with the proceeds of ($390,000), will be applied as follows: financing, • in Sales or $1.32 like Y., 600,000 common shares are sold. previous 5.77'£ to $223,867,296 from $211.Net. income amounted to $6,241,523, $5,952,896, or $1.27 a share in the the by company's Food The Booklet— issued a 16-page illustrated booklet con¬ of its growth. It also lists the corporation's divisions and obtains a 1'sting, of products manufactures story a sold • Borg-Wsirner by Corp.—V. 185, p. 482. * . (A. S.) Beck Shoe (Dorp.—December Sales Up— ' ' Period End. Dec. 31— Sales —V. 184, p. 2834. 1956—52 Weeks—1955 1"56—5 Weeks—1955 $6,789,592 $6,284,797 $50,102,655 $48,038,324 . . Bell Telephone Co. of Pennsylvania—Earnings— , Period End. Nov. 30— revenues expenses Federal income taxes_*.^ Other operating taxes 1956—11 Mos.—1955 S $ 1956—Month—1955 $ Operating Operating $ . . . 294.951,216 270.789,25<j 20,510,248 13,376*615 214.621,843 194,998,018 2,6Q2,000 2,970,600 31,163,332 30,357,100 995,008939,789 13,211,402 Il,34«,9k9 27.409,107 25 570,206 . Net —V. operating income charges after 185, p. 3.211,851 3.283,202 35.954.999 2,631,363 30,260,183 29,280,312 482. underwriting. of Bros. and the The Community Club, Inc., Pueblo, Colo. With Securities and Exchange Commission— The corporation on Jan. 16 filed SEC covering $50,OOP of 10-year -G'/c -Files notification with the debenture notes. Thcrsr will bt no a letter of • entire equipment steel cars; stainless Hutzler steel bid Commerce issue of estimated insulated hopper & box In stock-holders of of that issue is in 1959, 1960 and common respectively. The of Bowater July funds for Bowater expan¬ Britain. Ltd., holding (2) and BCNA a for company the 5'a'/ all Bowater preference shares 184, p. 818. subsidiary.—V. 99.424% for the certificates as 63aS. ! subject to the authorization Commission. certificates to cars; gost is to be $23,151,130: 300- steel 100 steel flat cars; baggage-Coaches. secured 1,539 32 by steel triple hopper cars; the box offered company 5% of subsidiaries of Mersey Inc.—Securities Offered public on Jan. 30, convertible debentures the to subordinated interest share. The Both 5% or offerings at before Jan. before Jan. before Jan. The 1, conversion l, Jan. before $15 1, 1967, and 1965; 1, 1, $17.50 debentures 1959: 1961; 1963; l, .Jan. fore Jan. debentures time, 1, 1969; 1, into thereafter 104.5% 1971; and redeemed at the and on or if 103.5',o 103% of,..,redemption: 105% if redeemed on or after Jan. 1, 1, redeemed but 1959, 1961. hut be-- if redeemed on or after Jan. 1, 1963, but if redeemed on or after Jan. 1, 1965. but be¬ If 100% the of in part by lot from time to time,, at the following redemption prices, date if redeemed on or after Jan. 104% option or notice, the to be 102% if redeemed on 101% if redeemed on or Jan. per convertible are converted if may 1967; Jan. $11 prices of $12.50 per share if converted on per share if converted thereafter and on 1962, interest 1, fore at 1972. accrued Jan. plus accrued offered was quickly oversubscribed. were 1, subordinated before stock convertible company in whole at any oh not lea than 30 days' plus offered at par were common subordinated stock common or the and redeemed or after Jan. 1, 1967, but before Jan. 1, 1969, but before. or after Jan. 1, 1971, but after on maturity. White, Weld & Co. and Rowles, Winston & Co. have also placed privately, for the company, $750,000 of 5% instalment notes due serial debentures due PROCEEDS—Net proceeds sale of the certificates are Interstate to unit £50 during to provide further and convertible debentures \ > Issuance 34.086.609 2,859,070 Belmont ' Equipment Trust Certificates headed an $7,080,000 of 6% equipment trust certificates maturing annuallyMarch 1, 1957 to 1971, inclusive. The certificates, final instalment of a total issue of $18,510,000, were priced to yield from 5% to 5.75%, according to maturity. Thu. group won award of the issue on Jan. 28 on its bid of Salomon Net — Offered—Halsey, Stuart & Co. Inc. on Jan. 29 banking syndicate which offered 99.09%. shares London shares 1958-1962 $1,250,000 of 5*4%. and 1963-1972. ^ investment j , & Maine RR. Boston Each holder in • corporation has. just subsidiaries and/or Illustrated Corp.—Issues Borg;-Warner is Ltd., America, before Jan. year. Research and Development Center, housing the latest processing and laboratory equipment, is being built at Syracuse, taining and and with compared the issue America America Uo. before nil $2,000,000 of debentures rose $1,000,000 food company's promoters are R. S. Barnwell, -Sr., R. S. Barnwell,. H. Harrell and Bear, Stearns & Co. The" own or *'1'l acquire a total of 390,000 common shares at $1 per share, or 39^ of the stock which will be outstanding after this financing, assuming Frank the in quarter third quarter. Products Division. Scheduled for compietioh in March of next year, it will employ a full-time staff of 45 tt) 50 people.'—V. 185, p. 142 N. The Jj'., 1955 share, a quarter A in third (he 18 the 1957, common financing. offering an debentures. 18, shares 1, 1972, and certain selling stockholders of the are offering 100,000 shares of common stock (par $2) through an underwriting group headed by White, Weld & Co. and Rowles, Winston & Co. The * - the in 004,155 announced of Feb. for ac¬ of £1 A special meeting additional current stock company . Earnings Rise^— of months 4;687,284 respectively. amendment. company the ancl of that exchange, Chairman. common authorized. called million requirements option Bowater 19,200,000 million 20 10 history Canadian a due Jan. the the $603,247,028 ill the' similar period a year ago. Net income rose 5.84^ to $16,954,718 front $16,018,576. This was equal to $3.58 per share on the 4,727,383 shares outstanding on Sept. 30, compared with $3.41 per highest nine that has been of Bowater 20, $2,000,000 1956—5 Mos.—1955 1956—Month—1955 Co.—Sales and first', the For of has financial on Bowater, Brewster-Bartle Drilling: Co., . supplied 21, of of 2834. p. will Exchanges , in October d'soosed of it^ owners^1 o investment banking company.—V. 180, p. 1974. an End. Dec. 31— 184, of London Stock Two classes of stock of North Americap subsidiaries of the Bowater Organization are already listed on the' Montreal and Toronto Ex¬ changes: (1) the redeemable preference stock of the Bowater Corp- $13,864,922 $13,787,225 $45,150,540 $44,152,020 —V. Toronto Holdings Blair Co., out convertible North in the the listed company creation 29, of purpose Ltd. Corp. and Canadian been has Vansittart parent the at sion (Feb. 4) in Canada— Paper Montreal modern in Erie with into Bowater the shareholders Jan. 1961 Los Sales ' a Bowater convertible fi¬ time Sir connection from Helene Fuld Health of Pepsi-Cola General Bond Stores, Inc.—December Sales beneficial' Exchange Commission— first to Bowater On the on British.■•'company to, consider stock common of value outstanding par of stock trading 4i. is the a —This Norden, Carl F. Registers for (Feb. The 2086. — connection common cording and listed as the. record beneficial owner is Shreveport, La. in today in. notification with which Blair Holdings has interests are Pepsi- * Angeles and First California Co., investment in of is of the issue is to provide further funds for the expan¬ of the Bowater Organization in North America and Brit¬ The Bowater Paper Corp. Ltd. intends to sub¬ cash for further common stock of The Bowater Corp. of this listed It Commission— outstanding. businesses stock purpose In The according to Dr. Louis A. Rezzonico, Chairman. a holding company engaged in special situation Bottling £50, maturing in 1978-82, and bears Offering price is 97.50%, to yield 5.9%. 5a»%. Common Stock Listed Today a 2618. p. Holdings, Among Cola of of the program scribe Corp.—Increases Investments— has 124,800 units in is rate cartons, own holder, paper a racks.—V. their Manufacturing Jan. on issue the North America. towel Decker & amendments, the loan stock is not being offered to persons are in, or who are known to be residents of, new The ain. Starfire display company Canada. England. Division, company's ($42,000,000) of is being made through The Bowater for all Bowater units convertible at the option of the holder during July in 1959, I960 and 1961 into 21, 20, and 18 common shares respectively. The new issue is callable at par rtfter Jan. 1, 1978. It is being underwritten by the London and Yorkshire Trust Ltd. in London, Association Starfire the and Each £50 unit of sion Sales Manager of 28 registered addresses interest at intro¬ been National the at Jan. on stock is new 1933 its 2126. p. North United States and £15,000,000 of (convertible debentures) the United States. circular offering shareholders it was announced America Ltd., holding of as land Regula¬ that Corp., Ltd.—Debentures Offered— Bowater being offered to holders of the share and loan capi¬ The Bowater Paper Corp. Ltd. of record Jan. 18, 1957. However, the issue is not registered under the United States Securities Act tal tile. and company common w.- registration statement with the SEC on Jan. 29, 1957, covering $2,000,000 of 6% subordinated sinking-lund debentures; due Feb. 15, 1967, and 600,000 shares of common stock, 50 cents par. These securities are to be offered for public sale in units, each consisting of $100 principal amount of debentures at $98 smd 30 comniqn shares at $1 per share. Bear, Stearns & Co. is named as the principal underwriter. Underwriting terms are to be corporation In the acquires securities of businesses, for which it provides fi''nancing, reorganization and management services.Pepsi-Cola General Bottlers operates two Chicago bottling plants and one -each in Kansas Citv, Des Moines and Louisville. It has 981,096 . and in the (b) of Corp. to Cnicago, accessories, soap Borden With Securities Mining, statements.—V. bathroom Starfire in designed wall holder, Blair the benefit Carl F. trustees; record the as which Switzerland.%-V. Offshore, Inc., Show are bathroom Bottlers, ' Barnwell of whose of to $42,000,000 outstanding Crl Beitina which oi & the of account each Siglcr (44.5'/ ). and financial Paul Handley, to Foundation outstanding trust for a Norden, c. Fagg and 'The Chase Manhattan Norden, of Washington, D. C., is listed owner has Albv" thousand, the Susan of C. owner of under T.velve offered benefit Bethlehem oy offering convertible unsecured loan stock the to its on conditions and terms financing; the company's Blair Holdings will It 18% or account trustees Wegmann. being are trusts bearings. shares, the Bank, Inherent 2613. p. by this corporation, nancing, ball 106,620 for of appropriate Builders accessaries This public company stock. being sold, offered Elsbeth eighty precision Hanover the and underwriter. common The and separate supplied to.be are Norden for sale for the not receive The public olfering price and underwriting by amendment. She arson, Hammill & Co. principal of. offered be to are stockholders, manufactures shares the stock, be the as Barden 609,000 1 registration statement with the SEC on 146,160 shares of its outstanding $1 par com¬ part of the proceeds. any is certain of SEC— a 25, 1957, covering stock. These shares mon account which An ; the SEC covering an undetermined number of shares of common stock (par $1) to be offered to employees of the company and its subsidiaries pursuant to employees' stock purchase plan adopted in 1957 at 90'/ of the closing market price on New York Stock Excchange on Feb 5, 1957. The proceeds are to be used for working capital.—V. 184, p. 2323. 37,852,219 filed with the Files With Securities and Exchange 78,619,229 inc.— corporation act respect 184, Bowater Paper be 31,944,761 Barden Corp., Danbury, Conn.—Registers With The that risks the (3) and (4) the existence worked profitably. be ceramic-on-steel of the by consist 482. p. realized; claims; could asserts proceeds line new tumbler ry. oper. oper. Carolina, Massachusetts and Rhode Island. Their yearly sales about $16,000,000. The properties will be operated as a wholly-Qwntd subsidiary to be called Calvine Mills, Inc. The six plants have a total of 1,500 looms and 60,000 spindles,-and are engaged in spinning, weaving, printing and finishing cotton goods used for apparel and household products ljke sheets and pillow cases. In addition, they print and finish cotton cloth on a commission basis, the Botany firm asserted. ... . Botany .said it had made a "substantial" down payment on the stock of the acquired companies, and would pay the balance out of their future earnings, but did not disclose the basis on which this will bo done.—V. 1956—11 Mos.—1955 39,954,746 expenses required to be stated, in the proceeds of the issue of not were mining complied includ,e Home The Net not According equip¬ 31,823,347 revenue oper. facts 5'/ which further the of Black Railway material body were duced In RR.—Earnings— 1956—Month—1955 false operations order The Baltimore & Ohio "would prospective purchasers" in that the offering and misleading statements of material facts receive; (2) the intention of the issuer in regard funds to purchasers of the stock if insufficient funds ceramic-on-steel Period End. Nov. 30— an the Bettinger Corp., Waltham, Mass.—New Products— A continuing service. plant in the provides on 1790. p. or upon unpatented A Lure , 6,334,417, demands company vacated with respect to 1933 The order on the question whether made permanent.. - . its facilities expanding business of 6,350,079 , . is the were Act of corporation. request, offering circular failed to list the proposed order of priority of expendi- $2.09 outstanding Nov. Diego, •-* ~ to mineral a does of Shares Nov. San ' offering of the Bethlehem Mining stock state to not return The - ______ outstanding).— be disposition of the is issuer's of the contains the issuer 4,064,000 14,413,000 — this upon should deceit or commence Net Mining-& ^Exploration Corp., order fraud a circular 16,993,000 deductions————. Income cash. - for-hearts, continuance of 16,227,000 19,408,000 1 income Gross v Nqrth The corporation filed its Regulation A notification on Dec. 27, 1955, .proposing the. public offering of 250,000 shares of common stock at $lper share. In its order, the Commission asserts that the making or (1) / $0.95 registration under the Securities suspension 1955 18,712,006 $95,436 $1.42 public, offering pf, stock by as :. $142,673 $0.29 Cotton Mills— corporation has acquired all the stock of Smitherman Cotton Inc., and seven related companies for an undisclosed sum of Thes* acquired companies operate six cotton-cloth mills in Mills, Securities and EXchahge- Commission, it was * announced, on Jan. £22,'has issued:an order temporarily suspending a Regulation A exemp¬ Operating revenues-__il___________._________ 119,509,000 106,397,000 Operating expenses and taxes—_____________ 100,797,000 90,170,000 Operating income_____— Other inooine__L_£____;—: $29,360 $0.40 *J? $o.4o Calif.—Offering Temporarily Suspended— „ 1956 Botany Mills, Inc.—Acquires 31,933 $39,512 1790. opportunity Months Ended Nov. 30— ~ '■' ^share_l 184, p. -Bethlehem , %://'•' %% Baltimore Gas & Electric Co.11 13,165 . aggregate At the year-end, 2.34-to-l.— was ,% 2322..., p. V. $3.65 per-, share for the rose • for , creased V. .12,769 This V Based on the 892,180; comfnon-.shares -outstanding pn,Sept. 29, 1956,w'-.i ' net'income for tile year was equaf to'$2.68 per share, -compared.'.,With It $52,281 5 , following cars; 35 26 steel covered stainless steel coaches, and • " - two pay- off $2,650,000 of payable tb to created discharge working in long $420,000 of serial to short with term indebtedness and accounts the acquisition of this equipment,, notes issued in 1953 and for additions capital! is BUSINESS—Companyshore from the current financing will be used and connection contract principally, engaged in tidelands and off¬ drilling. During 1956 the company acquired equipment of new marine drilling units at an aggregate cost of approximately $4,000,000. These acquisitions were financed through the issuance 6f. long and short term debt, accounts payable to suppliers and retained earnings. The princpial equipment of the company consists of eight submersible drilling barges all of which are presently operating under contract in waters along the coasts of Texas consisting and principally Louisiana. » In January, 1957. the formed Brewster-Bartle Kerr-McGee Oil Industries, Inc. and each paid in $50,000 for 25,000 shares of Offshore stock. Offshore plans to construct and oper¬ ate. on a contract basis or for its own account, a unit designed td operate in waters up to 70 feet in depth and similar to the Kermac Rig 46. It is contemplated that the new unit will be completed by the end of 1957 at a cost, company and Offshore Co. fully equipped, of approximately $3,500,000. . } Participating in..the offering are: Dick & Merle-Smith; Ladenburg, Thalmann & Co.; R. W. Pressprich & Co.; Baxter & Co.; Fahnestock & EARNINGS—For the 9 months ended Sept. 30, 1956, Brewster-Bartl^ prilling reported gross revenues of $5,239,870 and net income, before Financial Chronicle Commercial and The 4 Monday, February 4, 1957 ... (608) 5% 5% 1,200,000 shs. value) par underwriters UNDERWRITERS—The revenue- Railway oper. expenses. 141,677 192,151 1.920,780 Net rev. from ry. oper. $150,199 $156,829 $1,657,724 57,899 66,600 743,318 —V. Hayden, Stone & Co Reinholdt & Gardner * — 250.000 100,000 100,000 100,000 & Co.— ; Howard, Weil, Labouisse, Friedrichs & Co— 100.000 100.000 75,000 Friedley, Inc.—, Watling, Moreland, *——•—, 50.000 25,000 facilities. A. 1956, 30, Nov. stock." addition. In $2,611,504, was Fair Mr. 1957, consolidated net income of $2,030,199, equivalent to smaller number of common shares outstanding that year. In 1955 shares outstanding averaged 2,295.315; in 1956, 2,591,976. Thus, consolidated net income shows an increase of $581,305 (or 29% ) over the preceding year." i Mr. Fair also explained that net income in 1956 includes six months' earnings from its recently acquired veneer and plywood manufacturing subsidiaries located in North Stratford, N. H. Sales of these comoanies, he said, "woose sales for the six months period totaled $2,245,421, are expected to contribute a further increase to consolidated net earnings of Brown Co. in 1957, when a full year's income from them will be reflected in Brown Co. statements." Consolidated net sales for the year were $59,682,935, an increase of 11% over the figure of $53,820,733 for the preceding fiscal year. had company Net holders ol the Excluding subsidiaries Stratford North 1956 showed for increase of 7% an Co.'s Brown stock common record of of its to common of record held stock common offering is company proceeds the from of sale working capital of the company. to of New KR. 182, The con¬ for the 15 purposes. Jersey 1956—Month—1955 from rev. railway old ry. oper. inc. oper. $4,883,510 $57,064,331 $52,713,553 44.990.705 41,408.481 increase in sales $12,073,626 $11,305,072 4,204,074 4,486,460 a completely new concept of shortly thereafter commenced the manufacture and distribution of chairs, desks, etc. Today the company is the third ranking manufacturer in this field in the iJ. S. $42,428,259 to of 1955. ing months developed and during ten the ended with $32,038,680 compared Net income months in the first ten $2,654,550 and in the first ten months of 1955 it in 31, Oct. the correspond¬ of 1956 was $911,418.—V. 185, 339. addition houses to a the The Gay Harry S by has purchased the Hydra-Feed line President and production-type lathes from Hydra-Feed Machine of South Norwalk, Conn., and Detroit, Mich., E. C. Bullard, and Acquisition General of the Manager, announced Hydra-Feed line, Jan. on is manu¬ now facturing and marketing, represents an important new addition to the present lines of heavy-duty machine tools developed and produced the Mr. company, Bullard is Co. said.—V. 183, of 1956—Month—1955 $11,488,558 184, 1956—12 Mos.—1955 $11,368,879 $127,488,616 $117,393,107 2834. p. California Electric Power Ended Operating Dec. Number Earned —V. 1956 1955 $'21,405,111 $19,019,084 3,577,675 3,108,243 3,200,000 2,900,000 SO 97 revenues $0 91 _ of common shares common per 185, p. share 143. Gay, world-famous N. * ' ■ on be. in of to company, the Tipple Coal George's lease Hill Va., Hill Co. Creek coal past on 12 coal and abroad, Tape Calpak's 650" system installation to the first entirely operate by the Hopkins Gay are in Corp. of operates Monongahela River. also recently purchased 1837. coal This Md„ producers company owns estimated reserves . Cox, Jr., Cherry and Hill W. County, Coal Co. Vice-President; the Gay Lucille to the George's of high-grade or has exceed under has a Coal Va., Corp. Helen at has acquired Mills. also It lailway supply division, the James A. Eutler, 184, Secretary and Gen¬ 620. p. is with of Jaeulet Mines, Ltd. — Financing Plan 924,000 remaining authorized but unissued common shares and to buy maximum of $10,000,000 face amount of 10-year 6% bonds. Funds for this purpose and for bringing Copper Rand's own proper¬ ties into production are to be provided by Patino of Canada through par a 1,000,000 Copper are Rand required, shares at $5 $15,000,000 each of and the to latter's purchase, 6% bonds shaves, for $15,000,000. Any additional funds Rand and Chibougamau Jaeulet would be provided common Copper by Patino as a loan at 6%. See also V. 185, Big. Bertha," as the Calpak employees, instructions Furf^rnls desired fche with a beings. stored automatically in its memory. is computer data processes It sometimes reads, in writes, operations, sorts, collates and in information degree As electronic of many useful accuracy as and <8,000 form. T^ese spqed additions that and accordance makes then opT^tions is referred The stockholders officers and have approved a restricted stock option plan for key employees of this company. with summarizes are unattainable subtractions Up to 40,000 shares to decisions, performed by can human be per- its debentures for $19,903,300 31, Jan. of also See 20. stockholders of record of series A con¬ 1977 on the basis of common stock held. Rights common for due shares 17 each Feb. on to subscribe V. 185, 340. p. Broadcasting Inc. System, Plans Ocean — This joint corporation, of owners Jan. 30 jointly Charles H. The Los the Dr. Los Angeles-Santa will which take Stanton, President the of over it company, Vice-President will be Oceanic announced Columbia and Club. Turf Angeles Angeles Frank Executive corporation new Los corporation of by Strub, the and new a project Inc., the was of firm. Angeles Los develop the Ocean Park Pier area in into a popular-priced family amusement will Monica park. This the tidelands. The recreational lound is projected development is expected to get under way in the very It has received the enthusiastic support of the Santa City Council which liqs voted to grant a 25-ycar lease on future. Monica 30-acre Pacific tourist and contemplated for the early Park Ocean attraction. of summer planned as a yearof the project is The opening 1958.- New President of Unit Elected— The appointment of Arthur L. announced was Jan. on 22 Chapman as President of CBS-Hytron Columbia manufac¬ by Dr. Frank Stanton, President of CBS-Hytron is the electronic tube Formerly Vice-President-Manufacturing of Sylvania Electric Products Mr. Chapman succeeds Charles F. Stromeyer, who resigned of CBS-Hytron,—V. 184, p. 621. Inc., President Columbia Uranium, Inc., Seattle, Wash.—Files With Securities and Exchange Commission— The SEO corporation covering offered at Jan. on 200,000 20 22 shares cents filed of share, per a letter common without with the cent) to be notification of stock (par one underwriting. proceeds The *°T exPenses incident to mining operations.—V. 186, prei332USet* 10 Commercial Solvents Corp.—Gutman Elected to Monroe bankers Corp., an mercial C. and Gutmsn, investment Solvents partner a Chairman of the company, Corp.—V. 184, in Executive has been Committee elected a The of Board investment Brothers, Lehman director Lehmsn of Com¬ 2115. p. / a five-year period. of common stock will be available for option The price to be paid for the optioned stock $21 per share, which was the highest market price on Oct. 26, be the day the directors The sion over will 1956, it can be put into effect.—V. & Power Jan. 24 filed con}Pany covenn& 185, on ^27,598 shares of a writing is pp. 482 and 339. earnings, stock with the vaiue— to offer these Feb. ll, 1657, statement (without par held. under¬ then No involved. will reserve be added accruals, to etc., the cash funds and program. of SEC Co.—Registers With registration common value $10.07 per share). The company proposes shares for subscription bv common stockholders of record at the rate of one additional share for each seven shares I ie subscription price is to be supplied by amendment. Net proceeds approved the plan. plan is subject to approval of the Interstate Commerce Commis¬ before Connecticut Light stated data. by expire to fund debentures of to p. 339. Chicago & Eastern Illinois RR.—Stock Option Plan— ad¬ an commercial by sinking Corp.—Proposed Offering— ofier to right Broadcasting System, Inc. turing division of CBS. program funds the 1957 Columbia 30,000.000 The common shareholders of this company on Jan. 24 approved the financing agreement recently arranged with Copper Rand Chibougamau Mines Ltd. and Patino of Canada Ltd. 300,000 plans company 5, near Counsel; D. F. Boies, Treasurer.—V. additional 1956—52 Weeks—1955 $422,987,974 $380,009,045 Colorado Fuel & Iron Wonderland the , the Elk and owns continuing a facilities and assets of the Cherry Hill Coal Corp. now exceed $1,500,000 coal production in 1957 is expected to exceed 600,000 tons. Officers of the Cherry Hill Coal Corp. are Don McGeorge, President; T. 1956—4 Weeks—1955 184, p. 2835. The and company assuring tons, land Lonaconing, months, lands Stores, Inc.—December Sales Up— over Total at liabilities $5,416,000, and V. 184, p. 2323, current 185, p. 483, $35,914,630 $34,654,919 —V. are the Corp. of since with acres Coal . the Colonial $100 and eral aggregate $21,390,000, any strong financial position. 1956, shows a 24, of death taken was Johns at surgeon 10,000.000 on Coal Land & 10,000 W. the McGeorge Cox-McGeorge Co. A. assets Period End. Dec. 29— year. the company leased or newly-acquired Cherry Cherry Creek of excess the Hoard, at The needed for the San Francisco business community was realized on Jan. 16 when this corporation completed installation of an IBM "Tape 650' Magnetic Drum Data Processing Machine. While there are over 500 of the punched card operated "650" commuters installed new its Not capital. The company's investment in this which it cannot expect to liquidate without working company Sales operating per production. addition and California Packing Corp.—Installs IBM Machine— here can Pier Amusement Park— owned acreage to rate In purchasing A new "first" vanced including $2,000,000 Following 1904. the ownership of the high as both in provides Chibougamau Jaeulet with all the funds it® will require to bring into production its copper properties situated in the Chibougamau region of northern Quebec. To effect this, Copper Rand has agreed to purchase from the company for $2,772,000 its Co.—Earnings Higher— 31— income—j.— $1,250,000. exceeds company founded Dramamine. reserves The Years of excess Approved by Shareholders— (& Subs.)—December Sales Up— Period End. Dec. 31— Sales Net in was 767. p. plant and inventory. the to sell hopes that after the tax1 darry-back credit, which it sustains will not exceed 20% of this investment. loss town 1953, Chibougamau Butler Brothers and view discontinue to arranged has it soon, business wear its to but the vertible estimated 29. Bullard which add loss, and processing facilities, the Gay of Mount Gay, comprising 90 mining entire stoie selling groceries, clothing, appliances, household supplies. Total valuation of the Gay company Leslie Dr. Coal tracer-controlled Tool Corp., and other owns automatic of but Feb. Gay, in discover leases Co.—Acquires Hydra-Feed Lathe Line— company reasonably worsted company tons. Bullard —V. coal the maintains and capital.! Sales volume of the In The W. the machines, company 1956 months was months of about $539,000, for the nine credit tax working capital $15,974,000.—V. company, In I company, in cooperation with The Murray Corp. of has developed, and last year introduced, a fully-automatic pin setter. Murray is responsible for the manufacture and Brunswick is responsible for the sale, installation and servicing of the pin setters. sales before The balance sheet at Nov. the Marshall Building, Cleve¬ purchased the Gay Coal & Coke Co. of Mount Gay, Va., with assets valued at $1,250 000. This 50-year has County, . The EARNINGS—Net I. R. loss corporation, with headquarters in Ohio, hardware, and Coal & Coke ago Brunswick furniture design "In will the company be relieved of substantial losses by this action, it will also materially improve its cash and inventory position only first to equip large, deep mines with mechanical loading produces high-grade steam and by-product coal. Average production of the Gay mines is 35,000 tons per month. In 1953, nearly 400,000 tons of coal were shipped by this company. America, amounted This land. BUSINESS—The company has been the world's leading manufacturer distributor of bowling and billiard products for over a century. More than one-half of, the sales of this division consists of supplies years Laffer said, Mr. Earnings Lower— Aikman Co.—Sales and profits men's 184, p. 2623. Logan and class-room Clevite, for Apparel Fabric Division lost over $466,000, or about 86%. In this loss and as the company cannot expect that this Division return 1956—11 Mos.—1955 401,370 the Of the Earnings— 379,905 . inventories. Three President, disclosed that the corporation has nuclear materials research under contract .from lead¬ which compares Bristol. at 2015. p. $938,490 oper. Nuclear Materials Group— Jan. 22 announced the establishment of a at its Research Center in Cleveland, Ohio. on group doing Current gymnasium equipment has required larger amounts of working capital to finance accounts receivable services. $3.46 ended Nov. 24, 1956 were with $38,942,000 for the same period last year. The net loss was $309,000 after a Federal income tax carry-back credit of $261,000.' Last year, in the same period, net profit was $766,000, or $1.37 per share of common stock outstanding. While several other factors contributed to this loss, such as non-recurring expenses caused by the moving of dyeing and finishing operations from Philadelphia to the new plant at Albemarle. N. C., and reduced sales to the automotive industry caused by curtailment of automotive pro¬ duction, particularly during the first and second quarters, the principal reason was the less sustained by the Apparel Fabric Division located Cherry Hill Coal Corp., Cleveland, O.— Acquisition— be will 34.300,449 $4.30 Laffer, G. $32,044,000. result in gross additions to $1,033,848 —V. furniture and school bowling alleys, by $18,300,000.—V. materials Collins & subsidiaries its 3,945,020 Net debentures the The recent 43,491,760 $0.90 business is about $5,000,000, prices thereafter. p. corporate and expected are 4,295,020 Net are convertible' into common stock at any time at share. They also have the benefit of a sinking fund under beginning Feb. 1, 1963 through Feb. 1, 1971, the company will be required to retire $350,000 principal amount of debentures annually, and at its option, may retire up to an additional $350,000 in each of those years. For the sinking fund the debentures will be redeemable at 100% and accrued interest and for general redemption at 105% and accrued interest to and including Jan. 31, 1958, and at decreasing and other company 1957, $5,328,868 a PROCEEDS—Net 8,951.340 Consolidated net sales for the nine months the with statement revenue- which, added 13,086,611 $1.29 business, we have for some time advanced research on materials that will work in high temperatures and under highly corrosive conditions. "This has lend naturally into our work with nuclear materials like zirconium, uranium, niobium and hafnium. In turn, our nuclear work has been generating new knowledge useful in the high temperature bearing field."—V. 184, p. 916. 1956.—V. 185, 17, Dec. on Railway oper, expenses Railway 16,677,453 — conducting been debentures The $47.50 and of the 31. Period End. Nov. 30— Goldman, Sachs & Co. will underwrite the offering. of plant Central subscription price is 100%. The rights will expire on Feb. 14, 1957. A group headed by Lehman Brothers and 19.283,003 ing companies in the atomic field. Terming the step a logical one connection with our engine bearing of The 1957. 31, Jan. on utility 4,390,089 Lincoln, Neb.—Registers Co., for and of programs months ending Dec. stockholders rights to subscribe to $5,888,800 of 5% convertible sub¬ ordinated debentures due Feb. 1, 1972 on the basis ot $100 principal amount of debentures for each nine shares —The 2,753,830 4,367,134 share corporation William been Exchange Commission— registration a subsidiaries, struction 10,045,315 2,801,868 — com, per This $1,750,000 of convertible subordinated The debentures are to be offered for covering of stocks Offered Co.—Debentures Gas & and filed company 1957, 10,752,419 915,206 For. & income nuclear SEC on Jan. debentures, cue Nov. 1, 1971. public sate at 100% of principal amount. The interest rate, underwriting terms, and names of the underwriters are to be supplied by amendment. Net proceeds of the financing will be used for the repayment of bank loans (aggregating $500,000 at Dec. 31. 1956) incurred to finance past construction expenditures and to finance the purchase of sub¬ sidiary securities, for future construction expenditures, for temporary advances .to subsidiaries for construction purposes, lor investment in sales net Electric Securities This 25, those in 1955.—V. 184, p. 1678. over Brunswick-Balke-Collender Central With 3,377,943 993,294 __-U- Clevite Corp.—Forms Co., to 3,644,855 _— comparative purposes, the 1955 figures have been revised to reflect earnings arising from increased natural gas revenues collected by a subsidiary during the periods and suspended pending final review by the Federal Power Comniission. These suspended earnings ww e included in 1955 year-end adjustments.—'V. 184, p. 2439. 339. p. 17,634,638 63,777^047 "For cents per share on the 81 5,486,329 76,329,050 income-—— on Eains. has advised the Securities and Exchange Commis¬ purchased 61,700 additional shares of common stock bringing its holdings to 114,700 shares of common, or 21.5% of Elliott's outstanding stock. The corporation also bought 6,000 shares of Elliott's 5% cumulative preferred stock. According to Elliott's 1955 annual report, that company had 534,352 shares of common and 24,396 shares of 5% cumulative preferred out¬ standing. Another 91,884 shares of 5% cumulative second preferred, which are convertible into 1% shares of common, also were outstanding. The average cost of the common stock bought by Carrier was $29,725 per share the company said. All the shares were bought from a whollyowned subsidiary of Elliott Co. Elliott Co. declared a 2% common stock dividend, payable Jan. 15, or $1.01 per share pointed out, "this company realized a further gain on the sale of Canadian assets of $1,441,596 (representing primarily the excess provision made in a prior year for income taxes based on the liquidation of the Canadian subsidiary) as the result of a final settlement with the U. S. Treasury." Mr. Fair went on the state that "in the previous fiscal year, the ended year common .6,704,160 has it Elliott in in consolidated net income and an 11% increase net sales during its fiscal year ended Nov. 30, 1956 made public on Jim. 30 by this company. E. H. Fair, President, said that "consolidated net income for the of taxes corporation that sion Berlin, N. H.—Sales and Earnings Rise— 58,290,718 2,038,323 22,091,894 Fed. for Prov. a 51,110,470 39,624,890 chgs.: charges interests Corp.—Increases Elliott Investment— Carrier consolidated was approved 29 53,566,181 15,596,315 applic. to trim Earns, • Oct. on 17,380,482 2,451,592 income miscel. other & Interest management proposal to change the authorized capital stock of the company from 1,000,000 shares of $5 par value common staock to 3,000,000 shares of $5 par value common stock. The management will consider submitting to the stockholders any acquisition or other proposal which would involve the issuance of any major additional amount of stock.—V. 185, p. 339. stockholders Tne 18,164,688 19,640,302 — Interest shares),——— (854,496 share per dry deprec., %.-•——— Total $1,118,343 $1.52 $1.31 "Includes $278,157 and $218,802 respectively for normal depreciation and $234,076 and $238,064 respectively for amortization of emergency increase 29% A income $1,307,229 Income Net This in 82,900 1,211,500 —— — expenses oper. operating Divids., int. 8c 10,342,038 net -12,302,285 108,500 1,416,100 admin, exps., etc., ——---—— —- 213,206,192 721,608,758 672,385.970 185,872,138 180,229,395 598,417,687 562,984,782 etc. Net ' 2834. Brown Co., 19o5 1956 income takes Earnings 1,250 — taxes and $15,134,114 $12,754,781 and sell, sales, Federal 5.000 Johnston & Currie— Lerchen & Co. Brandenberger, 184,'p. income 5,000 3,750 2,500 Masterson White, —V. . Frederking___i_.______ & Hess Rauscher, Pierce & Co.-— Underwood. Neuhaus & Co., of 17,500 12,500 12,500 12,500 12,500 5,000 5.000 5,000 250,000 — Blosser & McDowell— Bosworth, Sullivan & Co., Inc. Straus. "Cost 6c holes, 1956—9 Mos.—*1955 1956—3 Mos.—"1955 income 223,677,128 operating Depl. Higher— Steel Co.—Quarterly Earnings Subs.)—Earnings Rise- Co. (& 30— Period End. Sept. Gross —— State Com. Shs. —$350,000 —250,000 250.000 Weld & Co.-——-.--—. Winston & Co..™—^ Rowles, $1,293,561 544,462 42. sales Net and Cities Service Quarters Ended Sept. 30— the company the respective principal amounts of subordinated debentures, aggregating $2,000,000, and to purchase from the selling stockholders the respective number of shares of common stock, aggregating 100,000 shares, set forth below: White, inc.— subsidiary of C.I.T., the nation's industrial financing company.—V. 185, p. 143. Factors is an operating Costs agreed to purchase from Subor. Debs. 185, p. Carpenter severally have operl railway Net director consumer largest $3,175,660 1,882,099 $3,578,504 $348,980 $291,876 oper. President of Commercial Factors Corp., has, been of C.I.T. Financial Corp., it- was announced on Kelly, M. a ^Commercial 1956—11 Mos.—1955 1956—Month—1955 Period End. Nov. 30— ' below named Walter RR.—Earnings— Northwestern & Financial Corp.—Kelly Elected a Director— C. I. T. make decisions instructed, it will 181, p. 859.',. so Railway debentures. conversion of the subordinated when second.—V. 2,300, each of Carolina "900.000 shs,, "In addition. 20.000 shares are reserved under the company's Em¬ ployee Restricted Stock Option Plan, 70,000 shares are reserved for Issuance upon the exercise of common stock subscription warrants and 160,000 shares are reserved as the maximum number issuable upon ($2 stock Common and minute, a rate elected $1,250,000 2,000,000 750,000 $1,250,000 2.000,000 750,000 1963-72— subor. conv. debs, due Jon. 1, 1972 installment notes due 1958-62 5%%/serial debs, due Jan. 1, the at GIVING EFFECT TO PRESENT FINANCING I Authorized Outstanding CAPITALIZATION in formed assets, of £435,748. Brewster-Bartle currently has 900,000 shares ol common stock outstanding. extraordinary gain on sale of fixed Drilling Co. applied There available toward is the from retainetJ -financing presently oI approved a $100,7-8,200 for the company's construction program, of which Number 5609 Volume 185 The Commercial and Financial Chronicle .,. (609) $8,417,800 had been expended to Dec. 31, 1956 for projects presently under construction, approximately $35,320,600 will be spent in 1957 and the balance, or approximately $56,9j9,800, will be expended to carry out the program in 1958, 1959 and I960.—V. 184, p. 2439. This subsidiary scope. fication. cently (3) corporation The ended Dec, on Oct. 31, Federal provision for cents share. These per 29 1956 reported net amounted income taxes, results income after to all $116,896, compared with the for to same period of 1955 in the amount of $106,474, also equivalent to nine per share on the lesser number or shares then outstanding. cents 184, 2 737. p. before Federal Profit income Federal income Net The * 24 Weeks 2,535,804 record 1,200 298 50 _ $1,783,444 ' $0.83 dividend Inc.—Earnings servicing to Mfg., $0.80 paid Consolidated * Based share $1.22 was L. J. S. "Acquisition orders and of the '.>'%<■ 1956. net for C. I, for Lines, Ltd., Ltd., Wheeler have been C. have Robertson Commission examiner's Kenneth Express, "Current except net working from capital V. ratio average an of Freightways, $5,679,726 Farnsworth increased Co (including Inc., $7,966,116 to of as & from to 1.82 which 1.99, Snead, Jr., President Farnsworth San the The lease & L. P. corporation also tne and terminal of compare* serve announced meat G. This to tne an open company's, line establishment will Office filed with roaster of heat- of of'ice an centralize the in Los western activity 183, Corp. the SEC 011 statement stock (par the with $5). plant was which was established named head as of the introduced 1923, tmss 'pro¬ methods total. sales corporation of period reports $42,830,000 of 1955. 683,010 of income of ended $13,155,000 stock 74 or months in Dec. the 31, 1956 corresponding $850,000 common $373,000, six with compared Net shares with the for cents was equal to $1.25 per share outstanding at Dec. 31, 1956 per share on 503,010 shares in 1955. Consolidated will take Consumers higher sales reported substantial .increase of certain 184, the in business in 1956 but period reflect due were also, in the in part earlier to a period, and, in press deliveries until subsequent months regular deliveries and a carryover from preceding shortages interrupted production schedules.— 1956 period, both vvuen steel Power This The owners company plans to offer this on the basis of one share for stock to present each 15 shares and It is planned to give employees of this company and its Michigan Gas Storage Co., an opportunity to purchase for by stockholders. The proposed price would be "not less favorable to the company than $4.50 per share below the then current market price of such stock in already held. not 64-county Michigan improvement expansion and $95,000,000. Major include of construction a fifth eighth and its generating natural Consumers customers ol 1,586 the of about 811,000 same customers electric villages cities, Michigan and The is is Hit 1957, sales (orders showed Jan. an shipped) increase of in 60% six-month over a parable six Orders months. booked for . , the six months were 78'o greater than an a ' ' another subsidiary, to worldwide of Governors 178, had postponed p. 1956, debentures 4% "••■Includes voting from Feb. 14 to may the sinking 1 % to Offered-^Public of¬ at option Its ■*% at fund the debentures will be redeemab1" at prices , plus accrued interest. For general be redeemable at prices ranging from 100% will per shares year. reserved Also "includes Ball. has agreed to for conversion maximum a of 12,000 Burt.li A. G. to bearing, non-dividend by the of several to debentures of _____-$1,025,000 non¬ principal underwriters' purchased by each be Yvcobcr, & Curl's Paine, 165,000 to Inc. Co. 285,000 Co. 165,000 Deetjen to Mar&ehe Rodman Co 185, 285,000 165,000 Co.165,000 Renshaw.__ to Schwabacher to Shearson, Hammiii to Co. Walston to Co., Inc.___ 165,000 Co.165,000 to to 165,000 .nu^s.m R. W. Pressprich to Co. 165,000 Reinholdt to Gardner165,000 to 165,000 Henlz $165,000 Laurence M. Marks to Co. Kraus285.00) Co. Bissell to Meeds.:,_ Laird, 285,000 , Becker Gran.ery, —V. in issue smiivs, names amount Co Burga to J. H. to represented fractional principal Wertheim 285,000 & 165,000 285,000 285,000 Co 144. p. Detroit Harvester Corp.—May Change Corporate Name A change in corporate name in keeping witty,. ^, policy, „<#. .expansion through planned diversification will be considered by the stockholders at annual their For many confined meeting. » the company's business was 0,f.,specialty, lines of agricultural im¬ haymowers ana ' other harvesting equipment its incorporation, after years production largely .tQ principally by it for sale to the large tractor manufacturing companies. complexion of the business, has changed and today the company is engaged in a diversity of industries. Haymowers and harvesting machinery is still manufactured in the Implement Division's plant at Zanesville, Ohio, but at the Motor State Products plant in Ypsilanti, Mich., complete convertible top plements, Uhe But, assemblies of product^ in addition to its established tires. company will add the proceeds from the offering working capital. ■ Additional funds are reouired by the companv its increased volume of business. Part of the proceeds will to its to finance automobiles for manufactured are and the at Dura plant in Toledo, Ohio, hardware for automobiles and household appliances, window regulating mechanism used 011 automobiles and the hydraulic mechanism for operating automobile convertible tops, are made. of One Harvester's home for leading manufactures which divisions is Mower Moto Richmond,7 at reel-type and rotary-type sizes, driven by gasoline in users lawn power all electrical or / and including self propelled types and riding types. Paris Products DivLs'on at Paris, Ky., manufactures The weights, the automotive for power truck dust mowers. the ill • autorhoblle and tractor net earnings, with $1.14 at rate of policy* of plant Important improve methods, says. and through is now reported are booths, ovens, equipment in $1,599,681, at in com¬ Dividends were continued the 22nd consecutive ye(fir 1956 per expansion attention receive taxes, earnings for 1955 fiscal year. the for $1.20 after net sha,re, marking payments to stockholders. dividend The to industrial / highest in six years. a per .share basis, parison of / . manufactures spray other the annual report for 1956. reports sales totaling than 25'/ greater than the best previous year. in more On the Detroit, and field. company Consolidated . . Division collectors, automation The and produces permanent mold aluminum castings used in industry, and for other products, such as deck covers lawn Petcrs-Dalton tne wheel tractor pumps, January, $3.05 diversification planned beginning were to fruit, bear continues the report investments in new machinery and equipment to increase efficiency and reduce costs are reported. Dealer Finance Plan Is Offered by Moto Mower— sales-clinch ill? preferred dealer finance p'a^ designed to insure greater percentage of the huge $300,000,000 power mower market is being offered by Moto Mower. 1 The plan is in co-operation with several large finance companies and is available to Moto Mower dealers as an important technique A dealer's a closing and that finance The program features both non-recourse For the dealer the non-recourse factor check immediately a»-d Is u -de»- virtually financing. will he obligation no immediately. sales non-reserve means for receive a should payment the buyer fall to reimburse the company. non-reserve building dealer receives up the feature further a reserve or full profit from eliminates the insurance fund each sale.—V. necessity again.it 185. p. of loss. 144. the The • Diana Stores Corp.—December $5,521,008 184, p. Drilling Corp., Odessa, Tex.- -Registers With Dixilyn SEC 195'i—5 Mos.—1955 $4,742,218 $17,507,660 $15,490,850 2835. Securities and This Sal^s Up— 1956—Mon'h—1955 Period End. Dec. 31— Sales —V, corporation Exchange Commission— 011 Jan. 28 filed a registration statement with the shares of its class A convertible sttock, $4 par, public sale through an underwriting group headed covering 930,000 he for offered by Hemphill. offering price Noyes & Co. and Dallas Union SecuritiCf, Co. and underwriting terms are to be supplied ment. The public by amend¬ ■ . „ wells, principally a cor tract basis for others. Organized in 1954, it acquired all of the drilling assets, including' five land drilling rigs, of Dixilvn Drilling Companv, a part¬ nership consisting primarily of the company's principal stockholder, M O. Boring. Jr. and M. O. Boring, Sr. It now owns and operates four hind drilling rigs and two offshore drilling rigs. It has entered Dixilyn producers of mechani¬ . non-dividend bearing, non-voting 204 081 and shares 1,162 Lehman Brothers to 100%. •PROCEEDS—The • i!)uo follows: as The additional $349,000 principal amount annually. line 1, offered. now company for scrip the are 1984. Rubber Co.—Debentures cal rubber goods and foam rubber organization of a new subsidiary called Nucledyne Corp. to engineering engagements in the nuclear power and propul¬ sion fields. Incorporated in November, 1956, Nucledyne's orders reached ' Dec. to exchange for all the outstanding capital Stock of a domestic corporation engaged in the distribution, among other things, of the company's tires in the Detroit, Mich. area. It is presently expected that this exchange will be con¬ summated prior to March 1, l..<67. in President of the New York Stcck Exchange. 011 Jan. 28 Board BUSINESS—This company is one of the larger The ' the study of other highway locations Long Islanu, Wesccncsier and Connecticut, that additonal roadside self-service stores with general merchandise at competitive discount prices, profitable development of the Davega business. the company.—V. company For the past six montlis t'r* commnntfcv. ranging from 102 »£% to 1 ademption pui poses they .. in tlie in company. One of these loans amount of $195.3% is due in issuable upon exercise of options oustanding 63,343 shares r«served for conversion of the out¬ debentures shares which the continuing retire up to an additional $165,000 principal amount in each of those years; thereafter it is required to retire a minimum of $340,000 annually and may optionally retire up to undertake $934,869 at year's end. (2) The expansion of AirMod Corp., . S'nking fund provisions require th<b retirement annually during 1962a minimum of $165,000 principal amount of the debentures and included: (1) . 1966 of the 107"! highlights of the company's activities during the consolidated earnings 5 V\ % convertible subordinated de¬ bentures, due Jan. 1, 1972, and convertible into common stock at $24.50 a share is being made by a group headed by Lehman Brothers at 102V2% and accrued int. The debentures are convertible into common stock'at $24.50 per share. comparable period a year ago. The of increasing by public hearing to discuss the possible delisting of common Stores Coip. The postponement was made at the a Dayton period ended Jan. 2, it was announced due/ notes shares 25,116 31, Dee. the of fering of $5,000,000 ago. year the represented by fractional shares. dealer 22 of § Includes 627 shares scrip for funds Davega of request Profit for Half Year— the of stock by Walter C. Hasselhorn, President. He attributed the in¬ crease to reorganization of the company's sales operations. Earnings for the six-month period before Federal income taxes WRre $761,663 compared with a loss of $103,043 in the first half of the pre¬ vious fiscal year. After Federal taxes of $391,637, this was equal to $1.32 per share, compared to a loss of 18 cents per share in the com¬ on 12 March 340. Cook Electric Co.—Reports instalments $47,422,945, Jersey, of the announced underwriting group headed by p. borrowed money promissory wholly-owned subsidiary of the company. These notes bear interest rate of 4% per year, subject to change under the terms of the loan agreement within the range of not more than 4Va% or less than 4% per year. The company has guaranteed payments of the principal and interest on these notes. The expected Keith Funston, placed privately by the Triangle Delisting Hearing Postponed— Industries, Inc.—Offering 167,403 shares, or 98.3% of 170,297 shares of common stock offered by this corporation under rights which expired on Jan. 28 was subscribed for. The balance of 2,894 shares has been Allen & Co.—V. first, effect, New expanded lines will constitute 185, represent 4'/a%> by take-offs, for use with equipment in the automation field. Paragon Aluminum Corp., acquired by Detroit Harvester Co. of Corp. residential and company it and Continental Copper & Steel 98.3% Subscribed—A total of 185, evidenced power stock E. M. Corp. making northern in 445.000 cs townships.—V. and of industrial 43. p. is 1970. to current a Triangle Holdings— the , distribution system. gas serves in unit the Stores Davega , size at the John C. Weadock power plant near Bay City, and the continuing construction of the 250,000 kilowatt unit at the new Dan E. Karn plant adjacent to the Weadock plant. The construction program also includes numerous addi¬ tions to the company's electric transmission and distribution systems an and promissory notes due annually 1957 4% promissory notes due annually $2,000,000 coolant of eliminating an unprofitable division, and, available for opening additional units for retail operations. ' ' The significant success of its initial Drive-In store opened November, 1955 in Spring field,, ,I\t-,J.,: has resulted,in the signing of a contract for its enlargement to almost double the present size—a total of approxh rnately 45,000 square feet, 011 one floor with suitable parking space to accommodate many hundreds of automobiles. After completion, ilie Springfield unit will be the dominant store in this highly developed work on Cobb power plant at Muskegon, 156,250 kilowatts at the B. C. unit generating by parts, all the business of chain store retailing. sale has The , projects 4% remaining owned subsidiary engaged in the wholesale Chicago, 111. The sale was made to a group 100'; a including Industries to secondly, is estimated that the 1957 will amount to It in service area. expenditures outstate by evidenced the / **912,473 shs. A 5 washer:;, of " §46.518 shs. 112,000,000 shs. __ Industries sold business in order resources „ 5,000,000 quarterly instalments to June 1, 1967, with interest at 4Va% per year until May 31, 1957 and thereafter 1 4 per v >.u T is other loan, outstanding at Dec. 31. 1956 in the amount of $247,000 is due in last effect at the time the offering price is determined." Dan E. Karn, President, said the proceeds of the sale, estimated at approximately $24,009,000. would be used to finance expansion and improvement of the electric and natural gas facilities in the company's heretofore mail Investors, Triangle subscribed 5,000.000 46.518 shs. wholly-owned Subsidiary outstanding at Dec. 31, 1956 has operated at a loss for the past few years, and it is deemed in the best interest of Davega Stores Corp. to withdraw from the wholesale and mail order business and to apply all of common stock 562,500 1,099,000 deben¬ 50c is 1)56 1966 Coleman, formerly of Highland Electric Co.; Benjamin Q. Beckerman. a certified public accountant, and Leonard Colin, who has been President of Triangle Industries Corp., as well as a director of Davega Stores Corp. of share- common has corporation Corp., subsidiary, shares Stores Corp.—Sells Davega Offering— Co.—Plans Stock 442,300 — evidenced 30, mowers on 442.300 cumula- tA. Ind., 1350. p. 2324. Jan. 25 filed a petition with the Michigan P. S. Commission for authority to issue and sell 549,324 shares of its au¬ thorized but unissued common stock. company is and Oct. frame The the *$9,999,000 deben¬ 1972 (par Outstanding *$9,999,000 developed The on FINANCING PRESENT _ 1970 annually one and history 562,500 preference $2,000,000 to motors The stock 1965, underwriting , in seasonal finance company's Products subordinated 1, ($2 '$5,999,000 1966 Hirseh along with other company funds, to initiated a year ago with acquisition adjoining the Danly property. to the 3,000.000 Co. -L to the die set industry. Since World War II it has of the lending manufacturers of mechanical stamping the order backlog of the press division at Nov. 30, 1956, estimated by the company at approximately 38% of the industry was TO 1970 $35) (par Bat-he amendment an registration common Inc. months p. Latex Hallgarten to Co Co. to cqmpany, duction Stations— below.—V. 1 Common Exchange Commission— are to be used, expansion program Becker presses Broadcasters, Inc.— Radio & five 011 1, Jan. stock standing dishes, headquarters for the company's new as company former Thor become V. Inc. to proceeds the deferment Time, added corporation on Jan. 30 filed a for the sale of 150,000 shares Of group. The 223 Vice-President, stated that 185, p. ,143. due 483. p. continue * the 31, units of equipment, a warehouse and the Oakland purchase of Consolidated Television See been organization. investment The immediately.—V. Sale of Television have dish, The SEC area. includes C-F cook-and-serve ovenware. compared Caffar, operations Brand EFFECT subordinated Dec. convertible A Em- nuel, terminal. over with compared Danly Machine Specialties, Inc., Cicero, 111.—Registers operations in 100th year of celebrating its is Francisco San $40,900,000, were 25, 1957, to its registration statement covering an additional 200,000 Diversified Income Fund, series D2, shares.—V. 182, p. 2788. and Francisco-Oakland the 1956 Consolidated. of Ruggles transaction on Pyrex utility This Consolidated— Ruggles Sells to draying the of 31, of Jan. all Oct. 5%i% due quarterly with $48,339,- 1955." 31, American convertible tures and warehouse business of Farnsworth to Ruggles by Consolidated Freightways, Inc., was announced on Jan. 31 by George D. Hart, President of Farnsworth to Ruggles, and by J. L. S. Purchase on Crown Western Investments, Inc., Dallas, Tex.—Regis¬ ters With Securities and Exchange Commission— for the trucking industry at the end of 1965." 1.27 new a A. current "The Dec. at Dec. on of UNDERWRITERS^--1The regular a hand on value 165, 1956. with share a 2115. $112,578,422 from earnings quarter of Corning sales representatives in Arizona, California, Idaho/Montana, Nevada, Oregon, Utah, Washington, Alberta and British Columbia.— Terminal C0.1 compared with a year to $16,005,887, while current, from $6,698,696 to $8,039,771: creating an increase liabilities increased 1955. GIVING Corp. due 1958——________ 14 recom¬ Poorman ♦Notes 4% at regional sales Freightways increased have fourth of $19,358,646, compared shipments of $10,242,036 for the Net earnings for the year 1956 were $4;842,202, With Securities and for subsidiaries in is Consolidated assets of in of Promissory notes due 1957 to 1970. tMortgage loans of Ranger Realty Co. paid. booked Angeles, Calif, applications filed bjcen negotiated and Van dividend 1955. The Transport, Transfer to consummated. and Portland, Ore. Wash., ago, Sea holders of to 1955 shipments of $38,074,796. in 1956 were $80,079,569, compared and route common carrier operating between Seattle and Vancouver, B. C. Kenneth Foot-man is an irregular route cairier of special commodities in the Northwest/ Martin Transfer is a regular route common carrier between Longviow, approval. a 1957 quarterly a Manager, reported share on shipments cents highest Authorized en received Co, with compares cents Corning Glass Works—New Products— Co\ purchase of Sea Van Transfer Martin 79 the were year ended-Oct. profit CAPITALIZATION 651,820 are shipments of sh,214,437, compared with $1,750,227, Two approved,. will extend Corisclidated's operations in Canada to Whitehorse in the. Yukon and from there to Fairbanks, Alaska. ' "Contracts There dividend of 62% on per if and authorized on resistant Company Commerce been have Clipper Transit shares. quarterly a stock, payable March 29, This previously $2.72 net a (Includes in the cases involving Model Truck They have not yet become final. "Northern Freightways, Ltd. has been acquired subject to approval the British Columbia Public Utility Commission. This transaction, Line 2,000,000 the Cooper-Bessemer stcck increased from $31.76 per share to $37.40 per share during the year 195b. Record shipments and earnings for 1957 were forecast.—-V. 184, said: Hauling increasing on share Book 621,474 outstanding, Terminal, Express Interstate shares months 10 Freight Country Willamette "Favorable of first of President, Western and mended the Jr., of Pacific Ltd., Storage for Snead, number to 29 '29 declared 1957. sales 31, 1956. amounting to $75,813,409 on $2,593,002 was earned. In the preceding fiscal year sales,and net profit were $69,150,073 and $2,321,476, respectively. Capitalization— share $56,017,932 $41,153,729 *1,503,440 1,301,440 income average 1,000,000 Increase a in during tne fiscal which tures a orders EARNINGS—Net Class $2.69 $21,300,000 7,390,086 981,779 ,_— the April single environ¬ a $7.43 990 1955 leasing.—9,484,367 net on vote in once or on Rise— i£56 revenues-— income scheduled for occupancy next month. a section of Inland Testing Labora¬ family, was put into operation at. the Through automation it is now possible to test General or used temporarily to reduce bank loans incurred inventory and receivable peaks. to share $1,769,536, p. Total Cook be be those common with $516,995, or fourth quarter in $45,551,786 S33.142.168 - — equip, non-carrier of Jan. 15, Miller, Orders 10 Months Ended Oct. 31— Other of or Freightways, revenues of Laboratory, will on the on per L. New Transportation re¬ Electric from March cents of Oct, 31, Consolidated one Center. directors share per 1,440,014 stock common and overhaul outstanding. The Sl.335,506 1,956,243 — "Adjusted to give effect to 10% 1955.—V. 184, p. 2223. shares E. . is Cook stock common 2,004,075 \ __________ the stockholders 3,787,519 profit shares outstanding— Earnings per share the will Cooper-Bessemer Corp.—To $113,120,855 Average modi¬ and Force and halfway more many as 10,000 electronic components at mental chamber.—V. 184, p. 2738 and 2012. Ended _____ Air States installation as Dec. 17, '55 taxes two Technological $155,312,501 taxes— of the passed source in Ended ___ United expanded, including the establishment Francisco, Calif., and Rome, N. Y. San construction 111., Dec. 15, '56 Sales aircraft modernization the engineering, were Fla., (5) The Reliability Earnings Up— 26 Weeks The occupied, tories I Consolidated Foods Corp.—Sales & with the operations Miami, radiation Sales for the 1956 period amounted to $8,296,580. as compared with aggregate sales of $2,224,113 for the three months ended Oct. 31 1955 Backlog of unfilled orders on Oct. 31, 1956 amounted to $24,578,000," which contrasts with a backlog totaling $29,316,000 on Oct. 31 1955 —V. at Grove, and nine the specializes in contracts Technological Center at Morton point. Two buildings were completed occupied by the middle of February, and the three uddtionel buildings will'be finished by June 15. The building which will house the world's most powerful cobalt 60 gamma three including equivalent earnings Sales offices (4) for charges, holds undertaken telephone communication systems and equipment under USAF contracts. Consolidated Diesel Electric Corp.—Earnings Up— months It has 5 in the is Gulf engaged of in Mexico the and drilling of oil the bordering and states, gas on . February 4,r 1957 -Fmeuicial Chronicle. F. Monday, The Commercial and 6 G. LeTourneau, Inc., for the condrilling platform designed to drill water of a depth of 100 feet; and it is expected that the new. mobile platform will be ready for delivery by Nov. 15, 1957. Net proceeds of the financing are to be used in part to repay out-1 standing debt of the company, including $250,000 borrowed from the two principal stockholders and $380,000 to Dixilyn Oil Co. (the bal¬ ance remaining on the purchase of drilling rigs and equipment), the balance due cn a bank loan in connection with the acquisition of an offshore drilling rig, the balance due on the purchase price of the company's second offshore drilling rig, and a 90-day bank noteincurred for working capital purposes (the amounts of such latter three items are to be supplied by amendment). The balance of the proceeds will be added to general iunus oi tne company and will be used for the payment in part of the cost of the LeTourneau Platform and for the purchase of the drilling rig and related equip¬ ment to be mounted thereon (estimated to cost in1 the aggregate into option an etruction 01 R. with agreement mobile offshore new n for the house the company's able $3,600,000, cost remaining from quarter business was above Archbold H. Robinson, Treasurer. The will be indicates corporation, which manufactures facial tissues and other paper has purchased Keta Gas & Oil. Co. from Swan-Finch Gas Development Co., it was announced on Jan. 25 by Admiral Roy H. Callahan, President. A A ) A Doeskin acquired Keta by issuing shares of previously authorized but unissued common stock to Swan-Finch Gas Development. This transaction was consummated Dec. 31, 1956.' f inal price per share of tne stock will be based on tne average price over the 60 dayss This As Doeskir., of will A The or / to rliares two Swan-Finch a of interest in than 50 % Callahan Doeskin said plans As of Dec. 31— Total —V. value asset 183, —; — 184, It 2239. p. 'A A' ' for A* 24,629 $*1.44 the natural resources field, Adm. expand its paper products operations- Total net corporation Jan. on The ? rsed *Jr. will company the purchase Jther Net —V. shareholders—^ of $20 1956—Month—1955 C. said Crowell-Collier would net about "$4,000,000 from A" ' •< > 5"« • ' , The Donnelley company, he added, does not contemplate conducting .printing operations in Springfield, but will initially retain the buildings to facilitate orderly removal of the equipment therein, ' ■> Mr. Smith recalled that the facilities concferned were used for the production of Collier's, Woman's Home Companion and American Maga¬ zine, all of which were discontinued late last year. Crowell-Collier's hook manufacturing is conducted in other plants.—V. 184, p, 2324. companies. the Sales magazines by the Crowell-Collier Publishing Co. was announced on Jan. 11 by C. C. Haffner, Smith, Chief Executive Officers of the resoective 184, 2835. p. A •' 'C-' •» The > / received corporation has , ' .» 1 Z '• v.:Garment Collegre Point,. N. Y.—New . Contract— They transaction. -A !*' " ". *"• ^ Edo- Corp., "A ." a,. ' $ A $2,188,20(1 contract .^rogii-tht Bdreo.u •*-' ' '• - .. Aeronautics, U. S. Navy, for announced on Jan. 18 by A. M. crue 4>t Dow's scale Midland ;<.ompany's • • introduced first in to Tekoil Corp. below.—V.185, 484. p. * T . Division, (Mich.) Plastics being is Department, . ' and the plastics industry produced in a new plant Gibb, Sales Manager of the L. D. Elco. Corp.^'Philadelphia,jPa.-4-Files < The : -:A' i *• ^v-A . '- With ^EG—" used be to for expansion V 1R9 without undervferitingtooling of 907 n p' ' " The prorc.-eu* ' ■ -* A . •' ' •' A- •••:; mr of'a dditional and vfor, purchase • A * H The has company presented request a 30 to ^. in by Dr. in 20 Dec. on Costa County California's Leland I. Doan,' of "land Elliott Dow's order to provide a research facilities. V. — intention for 184, is the to purchase* this future expansion land of company at Drexel Corp., Philadelphia, Pa.- -Files With Chemical Increased 23 Jan. on filed for V, •• corporation Jan. on filed 21 shares 250,000 share, per MlSS.-^-FlleS With SEC— Corp., Jackson, covering $1 letter a of capital underwriting. without notification of stock par) • to (no proceeds The A • . , wdh to be Telephone Co.—Private Telegraph & v A .» •, )Life Insurance mortgage Co. issue an of $135,000 The EEC corporation covering at $15 per to pay a share, shares without and mortgage filed 14 Jan. on 40,000 of letter a underwriting. for working of stock common The With SEC— notification (no .to part proceeds Endicott Johnson Corp.—Sales .Net Corp.—Sales and Earnings Higher— Ended Net profit 31— Dec. $26,567,000 $23,594,000 ^Earnings "Based taxes after per share- common stock common on 1,650,000 —_ outstanding.—V. $3.20 184. 425, p. base income to give method & of 143,057,526 subordinated inventory- 7,530,296 the to normal base 894,138 Net earnings Earnings per common 184, ' share 2,843,956 $3.15 trustees l-for-12 li is of shares common 3.t Jan. on this basis, 28 Association subject that the 1957.—V. 180, expected March, approved offering an to of shareholders Offering— 83,322 for subscription The on to obtaining necessary regulatory approval. offering will be made in the latter part of 2593. p. Erie Forge & Marine trustee, 5 V'4% The Eastman This Kodak company Co.—Plans to expects Large Expenditures— about spend $60,000,000 in 1T57 K. Chapman, This will be used Lories, , (Tex.), and stations , and In 1956 rnents, at largest various other units annual Kodak the in budgeted actual and capital regional United Invested in Kodak Park made; Apparatus equipment, - War to 1957 zre budget, sales" divisions, for II, on about U. present the Works, expected are to processing and be *^e the ' The about improve- close to 1, be used for Electric York funds has Midland 1957. plant expansion program.—V. Camera Optical film, Works instruments, and will paper, Hawk-Eye which beloW.—V. System 183, military capital company's expenditure Tennessee budget Eastman Works expeudnd This includes chemicals and plants products; plastics, fibers, processing labs, and Includes Trust of Co. New York, 12c Co. New of to p. S. existing the States for 183, Commission. the by from of members the 3009. p. Calif.—Acquisition— obtained 111., of mechanical merving the for of manufacturer amount of General undisclosed an the General - • product distribution with line pattern facilities the 42 the division new, division new - - of Controls - of Production Instrument. branch offices in the of Controls' Canada. and Manufacturing 341. and mouo- $21,000,000 Eastman spent units. exchange on for /holders like a The filed 16 five-year of security Indebtedness of A , remain will in its Ray said. 'It will -supplement present, plant facilities at Iron Mountain, Mich,, and Skokie. Chicago a the company of notification interest denominations amount proceeds letter variable in be used for with to There the cash will retirement SEC < offered bei for $100 indebtedness; of to are notes . of be of location, Mr. r.o cated other at Stuart been Jan. on First in divisions F. Silloway, named 19 Mr. in Idaho and Kodak's from Includes natural Four gas for of $470 in system million and now nf operates Corners Idaho, as its a area Oregon the a member subsidiary, 2,400-mile to the and Pioeline it 65 the hangar natural Canadian The A area, gas planes to by of Co., pipeline border; Pacific 16,500 - system supplying All ' also supplies „ kw. The 21 Canada in by - - Delivered Ltd., a its lo¬ out . plane is the of subsidiary rolled was Canadair ' a Canadian-designed out built Electric de steam unit, Dec. on for the -was 21 Royal piston-engine military is maritime of the evolution Co.—Receives S.A.,- turbine-generator which International orgi._lza.tion.—-V. 185, Gear is unit scheduled 34A-.. Electric • lor of Air 184, a sizable recon¬ Bristol order to The number Force. p.- Cuban Havana, Department General p.- first the Canadian di.sclosed.~V. not Electricidad, Generator, and new through CL-23, a rolled be Cubana Turbine, Dec. c.n Canada. Canadair General directors- Production built ever center . plane built of Cia. the craft, be has banking offices board Northwest Washington. Co.. announced » • of was intermountain operates - serves and Corp., aircraft Montreal, Designated Northwest Security President. banking of Pacific First Wyoming. Northwest Northwest the the Eccles, largest excess Silloway also Pacific of by George S. Security, resources Utah, President director a development and Dynamics Corp.—Largest Aircraft Britannia. Security Corp. of Qgden, Utah—New Director- the company's new research Wis.—V. 184, p. 1581. largest construction working capital. or as General The or well as Milwaukee, naissance First of This Jan. on $30,000 underwriting. Pacific be U. been Chicago, • conjunction in present the chemicals. other issued units Glendale, has market to General'Controls' 185, Co., Co., return V. present by Distillation about and in planned through Broadway, „ company covering has Texas is the than First Boston.—V. stock. is It IU.„ photographic concentrates and ($1 counting manufacturer 108. p. First Investment Co., Columbus, Ohio—Files With SEC debt-free. be manufactures producing vitamin shares been facilities. photographic and Division, of $80.""° oco of common of devices,.,, with General -Controls Co,,- it was jointly announced on Jan. 28, by William A. Ray, President of the automatic controls manufacturing firm and Joseph F. Visin, Presi¬ dent of the Chicago company. ■ ' The transaction Involves the purchase .of all assets of the counter : A . electric .and 182, stock, also acouire to approval Instrument United N. exemption^ order other Controls General Y., will act as redemption and conversion agent in with the redemption or-conversion of thej 5A. cumulative series A, callable for redemption as of Feb. 28, 1957. 15, preferred this remains company $32,500,000 Rochester ,7hVe5malnder °f Ule blidgeted divisions, cales Marine an proposes group Shareholders Fedders-Quigan Corp.—Redemption Agent— The the Industries Production . The units. plans, where the LOmo»ned-producers of - appointed at $443,000,000 of company company's and special S. 'rodnets Industries Division, or Jan. to are of England connection expansion u>mpa'nyS: and Koclak omce- administrative headquarters of the v been County Electric Co.—Proposed Merger— New •-—See expenditures Kodak's during . has York - World According . expenditure States, $57,000,000 emount, Since New . Essex offc-ing 4.000,000 $100. of debentures and Gas Industries proposes to require 5,000 of such principal underwriters of the offerirr- is The James H. Orr, a director of First Boston, is Corp. unless statute common Kodak's Kodak as dated proceeds See for improved facilites at company plants, research laboraoffices in Rochester (N. Y.i, Kingsport. (Tenn.l, Longview and of Co. 1220. p. President. amount, Trust ad-Mr for (ions and improvements to its plants, processes, and equipment, it was announced on Jan. 17 by Thomas J. Hargrave, Chairman, and Albert . Midland paying agent and registrar for $2,500,000 principal amount of mortgage bonds issued under indenture of mortgage and trust nubile and consisting Steel Corp.—Issues Bonds- first of deed 30, director underwriting additional the 1976 due units in shares. One Boston < a Gas The Jan. on of Gas Industries. Because of s»u*1j.-. affiHaUnnv purchase' 6f" Trans-Canada securities by Gas Industries during the existence of the underwriting and selling syndicate is prohibited by also the 321. p. of First Cr256,019 2,771,153 \ $3.06 to proposed offered units.- 2,650,000. stock A inventory has debentures par), to be fiye common 5,237,937 3,925,000 taxes_-„_: effect of method announced exemption order permitting its acquisi¬ be offered for sal* by Trp««-Canadsi. an Ltd. (Calgary, Alberta, Canada); and the Commission interested persons until Feb. 11, 1957, to request a hearing given A, Trans-Canada provision to give effect to stock SEC Exemption— was Lines, has . —V. Eastern Utilities Associates—Plans Stock (aiiv thereon. - 1,251,000 $4.22 currently taxes Prov. $ to the SEC for securities, proposed of it company, applied Pipe "1955 A 151,359,762 oefore normal investment This.. Boston 1956 ■; sales Federal 1955 1956 sales •Jjfcailv va , used be "" A the Eastern Year Pel . , Gas Industries Fund,,Inc.—Seeks Up—Earnings Off— Year Ended November 30— jt-roiii. JJet G •> the with be .offered, .to are capital. first bonds. v. C three partners in Associates will contribute at' least capital of the partnership. In addition,-each partner thg participation.. tion Place¬ 25-year V . defray administrative costs and to make a monihlv cash distribution per year of. his original cash participant equal to 10% to ment—The company has placed privately with Berkshire , • . .. /Pay $50,000 to be used to - used has Dudeen • ... the partners- for $970,000 .of the deposit advanced. The-lessee will defray the costs of this offering. The rent to be received bv Associates under the net lease has been set, according to. the prospectus, at' a fum sufficient to enable Associates the offered be are 'A working capital. En Flo Corp., Pennsauken, N. J.—Files of letter a nqnonn t, rtf *•.. • ^ to' each notification with the f»EC covering 5,000 shares of common stock to be offered at par ($10 per share), without underwriting. The proceeds are to be vsed to purchase equipment; installation; reserve of raw material and lor working, capital. corporation Othe A.' ikAofferlng ,$3,490,000 .Gecurities and Exchange Commission— The Fetier pf participations, in, his*, partnership ."interest; in A;Associates'. Thus, imorr completion-'-"oft the offering, -the ."paitnership V capital'Will be $10,500,000. Av \ - A Proceeds of the sale of participations will be used-to- pay the balance of the, cash required in order to acquire Title and to reimburse by, .Carrier Corp p.,2224: .A f l .. Lmerite The EEC 2738. p. Opera Opera . 'President of Dow. 'J rcation Co.—Investment See that corporation above.—V, 1B4, tO-'ASSpCiateS. --Each of .the $10,000~to , Contra the acres ^ ... other-peisonk., The, lessee will pay an annual net, rent.of $1,090, ■ Plans Additional Research Facilities in California— ;3'lanning Commission to rczone Vgnacio Valley, It was annouiiced G< Per Aveune. New be paid ;all dn cashAand the property, will be ■ owned by Associates.: free and clear -■<>£.-any mortgages^ ":;A* deposit of $1,000,000 already has been Mi'^ made- on-account af the "purchase price. Associated will^^ trot -operate property.- Simultaneously f pttrChas'e,•/uri Wih' execute^ a corporation on" at. 90'/o-of principal amount, * * und( covering $90,000 of , mnehlnorv said. !, i.'*i- . customers Dow mid-1956, offei the land and building legated . at '498;. Seventh' York City; a:r Az, total cost' of $10,500,-000. i. Tbiji fs .Ap El Paso Natural -Gas Co.—Buys TekoiLSfcockSee '• company. The Aaf.tnWrsbip fil^la Tms ■"•opnses'"to, • limited $l,3f A..purchase ... a Web Registers LawrCric'e Full-scale commercial production of Styrex 767, a Dow plastic Anaterial based on styrene and acrylonltrile, was "announced on Jan: 16 Styrex, Offe registration statementAwith';thV SEC on missile launching equipment,Z^jan" 24a 1957.- covering' 1,047 participations in partnership interest Brown,- Jh,T..yiC^Prqti^eht.' AA ln Qarmer^ c^pitoi Aesociates. to be offered for.,sale Jat $10,000- mini- a •of Dow Chemical Co.—New Plastic in Production- l»y this s ' > Capitol - vn Gt $ V-A: Associates, New York with Securities and Exchange Commission a,: 'V. - lbl, 130,379 ^4)297,824 8,767,149 ' /.'A- a 1956—12 Mos.—195$ ^ ••v ■ . ?9,099,685A- 'A $10;496j851 $9t,148;147 $87,204,079 $11,679,536 —V. (g AAAAr ■•VA ealeSr h) Subs.)—JDec. Sales Up— (& Gamble-Skogmo, Inc. Period End. Dec. 31- Ohio. This Paul and Feder; Net ——-A.-.---'* asset value per shares-A-,—uL-~-A---AA A 184, p. 1121. A /...-ALA Number formerly equipment and buildings Jpera Shares, outstanding the printing of in in Springfield, Jpet'a Bohmrich,^ in charge of Government J. J. Ind.; Lend, of South G< Peri J_—i—_A—-$74,725', l—2 ;A- Edison Brothers Stores, Inc;—December Sales Higher Period End. Dec. 31— ' 1966-^Mondi'—i:955' A i9^6-^-12 Mos.—1955.v'." Donnelley & Sons Co,—To Acquire Plant— 500,( U will build more than 600 1,200-gallon gasoline-truck Armed services in a sub-contract from the Utica-Bend , Corp. ( Marc company " (R. R.) ^No. 5,000 shares covering ,tank* for-the . " assets—" Jof;5' Greenwood, Miss.—Files With SEC— Inc., Fruehauf1 Trailer Co.—To Build Truck Tanks- A' ' Assets Increased: Fund- Howard Stock & Ge -Pa 21 filed a letter of notification with the of common stock (no par) to be offered at $25 -per share,.- through Lewis & Co., Jackson, Miss. The proceeds are to be used to pay past due bills and for working capital. SEC .This Eaton beper priced greater '' As of Dec. 31— Sale both" and |& Ti , sv ' . redesigned a new line of Tilt Cab trucks that, is the broadest in the industry, and a new pickup truck that has load-carrying capacity, is three inches lower and has three inches more elbow room inside the cab. Almost 300 dif¬ ferent trucks will be available this year.—V. 185, p. .341. .. $21,77. A completely models, 1957 that include lowest 25% Fountain's .A"26,107 . revealed 2440. p. . U-2—. axes, jf: $5: tliaue, from Mich. the Dearborn, in was and —— share oer The ;ales 1957 line of new re-styled, 1956 1955 $174,527,840 $165,318,804 A; 8,0 1 6,6997,711,219 ' Z shareholders— of Net A r outstanding Number pulp mills and .woodlands. continued, "will strengthen Doeskin's ability to compete as, a leading independent with the companies now threatening to dominate the paper tissue field."—V. 185. p. 340. . and paper.—V. A assets net Shares additional purchase of "These moves," he through all gelatine $5< tl" or • trucks, which originally were not scheduled introduction until 1S58, was unveiled tc press representatives from over the nation on Jan. 23 as a part of the National Truck Con¬ for makes >1 (Mich.)—Introduces New Trucks- Co. Ford Motor Elected— firm 2836. p. Ford's The issuance to 184, iiicl e 1956—Month—1955 1356—6 Mos.—1955 $5,243,093 $4,697,178 $21,117,433 $18,870,900 ■■■■■:. A. a A i'urnii Howard Balanced Fund—Assets Rise- Eaton & organizations,"/he said. addition ta its entry into In larpir Sales —V. iver.s Corp.—December Sales Increased— Period End. Dec. 31—r year. Massachusetts The Co. th For 1227. 184, p. Franklin Stores and photographic film chiefly in . Vice-President and a director of of the additional Doeskin ' a move toward eventual consolidation of consolidation would be of mutual advantage as; companies. Such Kodak Eastman both to —V. parent and the Vice-President Smith, tl lownv 1956—39 WeAks—1955 $35,728,359 $31,202,407 $93,787,083 $68,619,397 1956—13 Weeks—1955 Sales - of . Oil Keta Gas & described Oil, 2336. p. th or my mrted Period Er.dT Dec. 29— ference purchase of Keta. Adm. Callahan said, "represents a our operations beyond the field of paper products."' who also is President of both Swan-Finch Gas De¬ and this for ' Jartii Assistant General Manager of Eastman Gelatine Corp., has been elected President and Gener 1 Manager of the organization, it was announced on Jan. 16. Mr. Smith succeeded Henry P. Nelligan who has retired. Eastman Gelatine Corp., located in Peabody,. Mass.,- is« a subsidiary Callahan, velopment 184, lectrc 1956—12 Mos.—1955 T $2,544,937 815,482,573 $14,870,023 or of Gelatine Unit President Gregory diversify .Swan-Finch » directly own Doeskin to Adm. the Development common. .... Oil Co., and owners of controlling control substantially more Swan-Finch transaction, the outlook favorable a New use ' of Gas Doeskin step 1957. 31, result a Swan-Finch —V. the by 1956—Month—1955 $2,554,226 -- -■ products, ended Jan. " A.-- Sales company's Tennessee Eastman and Texas Eastmandivisions. One of the important factors in the good sales during the fourth quarter and for the year as a whole was the introduction of new products. Examples were Kodak's new Signet Veriiax Office Copier, Type S Ektacolor Sheet Film, a new line of polyester textile dyes and a new polymeric plasticizer for use by plastics manufacturers. During the fourth quarter, as well as- for the year in. general, Kodak's sales of special military products were lower, Mr. Rcbinson indicated,. Reduced business with the government a-nd defense con¬ tractors, however, was more than offset by gains in the company's regular product lines. Mr. Robinson seated that Kodak's appraisal of business conditions produced Inc.—December Sales Up— 11.) Fishman Co., Period End. Dec. 31- A Ge Run , stated, fourth quarter, Mr., Robinson Kodak's in : V ; SlcTarlVlf t^th ' levef Inc.—Purchases Keta Gas Firm— Dceskin Products, results good ,' - that ; Eastman: Kodak .Company s that; of a year- ago, according. to indicate estimates Preliminary • fourth The avail¬ of which $35,009 has be^n paid). provided from cash expected to become operations and from borrowings. approximately Fourth Quarter Sales— Has Higher -< along its route in Utah and Colorado Francisco t9 w various cities 667. industries and V. 183, p. construction of -a'mew building in San Pacific Northern Sales Division. funds in open ' Molu (610), 2739. Contract— Cuba, ordered has & G.E.'s Medium Steam Lynn, Mass. ". delivery in 1958, -was sold from in Co., G:E.'s marketing overseas t - • Sa Number 5609 185 Volume The Commercial and Financial Chronicle .... 7 (611) 0. General Instrument Corp.—Sales & Earnings Up'RainniBg c^u^r tQ ^ , (W. T;) Grant Co.—December Sales Up— i .^les and earnings decline in the- radio-TV- v .... ' Period End. Dec. 31-^ 1956—Mpnth—1955 recorded ,. Sales, or the tlilrd.'fiscal-, ijuarfcet^endtd Noy,,-30,.,,,1956,,. the highest Sale? for -V." 184, p: 2836. * ,ny three-month period, in Hs 34-year history,* and for the nine months. " • nded Nov. 30 , the second. highest, sales for anyv comparable • period, Grayson-Robinsoii ' * lartin K. Benedek, Board Chairman, announced on Jan. 15. ..Earnings corparatidn 28 routes, . k. *7k . In of some its approved, this equipment. would "tend The to would and area ICC official eliminate" impair the said the motor future trac>- bus com¬ ability of National Trail- bus system to compete effect ively with Greyhound. ways • - an 1 amendment to Its application, Greyhound said it has agree I operating rights it wants to acquire on B & M' i routes the segment from Salisbury, Mass., to Portland, to cut the prico to $225,000 and to sell the Salisbury-Portland routes to one or. mor> to Stores, Inc.- -December Sales Incrd. _ . if petition in - .. plus action, 1956r—12 Mos.—1955 $70,537,191 $67,026,905 $379,769,444 $350,118,104 : , . drop from the bus lines affiliated with would 97 be to give Trailways. both itself The effect of this, Geryhound said, Trailways competing routes iiiSa and Portland. [arpings'-wor# $700^729, *before Aaxas %hd ^337,146.-after i/Great S>w$£t Grass Oils Ltd.—Delisting Continues- *taxea,, up* 14%, Expands Car Rental Service— : * . ~ Commission nge under : Jan. on Securities the 23,, announced Exchange Act D. , T .. ir _„.,r- ... , inclusive, ;and — it declared*s that action such is service c; and I and apfraudulent, Inc., Opening of strides all expanded its 1, with the Pa., has in Richard President of Greyhour. t Fencl, J. announced. U-Drico-It forward major U-Drive-It passenger crv* addition of stations in Washington, national Feb, on Pittsburgh, .Rent-A-Car, necessary . corporation rental trading in the capital stocks of this respectively, on the American Stock „'s" froth Jan. 24, 1957 to Feb. 2, 1957, 00 This , of stations the plan company's cities in the Washington in and Pittsburgh ar » expand immediately in- > to United States, Mr. Fencl said. Greyhound ar. • nounced the opening of U-Drive-It stations early in January in Ne / York City, Chicago, Detroit, Miami and, Cleveland. "At the present time," Mr. Fencl stated, "Greyhound, Rent-A-Ca<v .. - 1955 $ $ J; • Inc.'s 1956—11 Mos.—1955 * •' v I • fleet with $ major incuts 19,518,050 106,334,737 105,613,241 leasing division has of companies these Qreeh RiTfef Steel. Corp.—SEC Holds Proposed Reor- , Commission ntXi Y ^imngttft tnc u. Court .for District S. Jan. on the the announced 28 District Western >v i- v • . / - r-y'' •*** y » which tiou ■ manufactures stlls and semi-linished steel estimated products will American and The Securities has 24, nt A\'l28»288 Federal- income, tajcesUi.. in Dtfcer operating it. taxes.:.. 150^000, ;'-J107,377:, *" r operating itaebme v? $171,298 eiiargesi_^___ • 124,164 Net after v -v 83,663 5 ' <Jer * ^B-st.apd. secondimorfgags notes to receive a new first mortgage note in .the principal amount of '$8,556,126, for Jessop Steel Co. to lend .tl,536,2C8'V:,'1;382,000* • 963.818 '823,-126 f . -- Qrcen $176,392 t $ 1,896; 165 137,547 1,462,720 $1.661,132. "^ i 1,285,'019 ' '-- River $1,500,000, for the •Telephbue^Cdiv of Michigan—Prjeferred -Preferred General 'Stock Stock „ * ■■ River Green debenture holders to receive-new debentures in the same principal amount as their present holdingsand for the Green River common stocknolders to receive one 484.. "-v-l share .of Jessop? Steel Company iJ ~ •' C"Rtver sljares."xh. V.-185,- p. stock common ' each tor and trueks, in¬ 185, p. 44. Exchange Commission, it was announced on Jan. order temporarily 1 suspending the Regulation A registration under the Securities Act of 1933 witA public a this corporation, of 220,000 common The orrW nvovi^es an onnnrtimity for hearing, offering by shares at 10c per share. request, the question whether on the suspension order should t » \ there is reasonable • cause that the offering of Grin Mines slock, il' continued, "would as a fraud or deceit upon prospective purchasers in that material eliqnges have occurred in the affairs of the corporation which a;? * not reflected In Its statement under Rule 219(b) or in its sales litera¬ ture, to wit: the rights in mineral lands which constitute the principal asset of the corporation have become lost to the corporation."-— . that 1 .•'/ The1.c°mmis^f's/reP°5t cohciudes that the proposed plan is not .,feasiblfe .because the, lpng-term debt of Green River after reorganization would ^ s | The stock is the on unexchanged portion of 160,000 shares offered to preferred stockholders of Union Telephone Co. under an exchange of proposal. See V. 185, p. 342. st¬ ill* e'e General Telephone to Co. of the Southwest- -Earnings— Period End. Nov. 30— ie. Lid 1D56—Mantb—1955 nd en Federal tte Other operating Net $1,776,777 Operating revenues.,..~_ Dperating expenses,.,,. operating income 1953—l1 Mos.—1955 $1,541,787 $18,403,584 1,079,557 990,891 11,590,214 255,000 219,000 $16,269,636 2.652,507 taxes..,* 10,666,305 2.146,000: ' 101,413 83,733 1,143,756 967,389 income charges $'30,807 $248,157 $3 054,107 $2,4-9.942 taxes a ke Net ed after -V. IB 184, 268,704 191,758 2,396.119 because before railway in :aiiway iip oper. $3,276,441 $311,223 $285,945 revenue.. oper. Judge proceeding, $3,212,847 290,099 277,066 2,847,645 ,2.558.187 ry. oper. *$4,154 $34,157 $428,796 $654,660 inc. *45,224 "11,023 1,840 208,527. expenses. tive let se ill from rev. railway oper. "Deficit.—V 184, by for debentures elimination the be to of their the under issued plan The Commission's their claim. the 1, election fie in of Laurent of M. the in charge consider to of reorganization tie whether the Frederick the business. Chairman Jr. Ap¬ will Execu¬ Jan. on direct 30 policies Georgia Power Co.—Plans Record A on sh' said with $40,000,000 spent in 1956. compares addition In budget of more than $51,000,000, the largest history, was approved on Jan. 16 by the directors. company's [This figure ident, this to expenditure, record John - of Empire M. Building Stete National Fred are; Corp.; Corp.; and Aviation M*Donough, Pres¬ be paid for the J. $2,4o0.000 183, [properties [would invested be in improved Georgia Power Co. The area: and new [debt of the Georgia Power will Light Co. & about facilities-in i. » . also June of Work Oliver darn license the for the Federal pleted in the on during Middle Power the year on river at Chattahoochee Chattahoochee Commission. 1959. construction of the provided a the Columbus, development The plant is received is expected to Plant of unit second a 75,000 of kilowatts will be com¬ begun at McManns,.' the company's steam-electric generating plant at Brunswick. This additional power source is made necessary by the . rapid serve ''m growth the of industry Georgia Southeast Georgia. Light Company in Power This and scheduled in 1959.—V. 185, plant will also is Completion area. 484. p. 1956; for for All SEC share. N. Y. —V. 183, 21 letter a of noii'ication with the common stock (par 30 cents), of which being sold pursuant to outstanding warrants at $1.25 underwriter is Bruns, Nordeman & Co., New York, proceeds to are increase the be used number for of additional stores, store department and for working, capital. 1754. operations during 1956, It is announced by John R. Hoover, President. A major part of the facilities at Avon Lake, being doubled work is in polymers During office and expected started to be on Calvert the expansion O., where is taking place at the company's resin production facilities are vinyl development laboratories October at completed a City, the year by plant new are March, to b«*ing 1957. increased. This Construction manufacture specialty also acrylic 1 Ky. also occupied its new three-story houses general sales and executive company building in Cleveland which offices. during the by diversification increasing use and cabl;\ used a The these phases In in of 184, Mr. whole Hoover industrial building and and percentage development lines.—V. year," the the flooring, trr-ater new p. extruded vinyl of resins reported, area." highlighted "were materials Geon found construction fields, including wire Items. The automotive industry materials materially in new aided car the cpnstruetion. increase along 2625. Grand Union Co.—December Sales HigherPeriod End. Dec. 2r— 1"56—* Weeks—1955 Sales $31,188,323 $23,619,742 184, p. of for of tie-in a over 1955. 39 1"56, 1955 in 1955. amounted the for He Similar to esti¬ states make it an and Package Express, will show increases including package tours Restaurants House nation's the made was and COD service; and a month wiln the major air freight car¬ pick-up and delivery to and from airports. 2836. ' , ■„ 1958—43 Weeks—1955 $307,641,597 $226,937,895 3 is third expected increase in which Greyhound operates largest restaurant chain. in 40 ol 1956. $1,009,000 is anticipated for Grey¬ 1955. this division of the company In 1956, entered the fast-frowing and profitable through t*e rf a new subsidiary, Grey¬ Inc. In its initial stages, the new company con¬ Greyhound business 'Rent-A-Car, cn fleet car-leasing, contracts fleet-lease to and Greyhound's total. day unique desires the than the only senger basis of an mile. Greyhound U-Drive-It service will be charges to the customer will be made if he to a Greyhound Rent-A-Car station other one from which" it was rented, and that Greyhound will be U-Drive-It company which wholly own its nationwide pas¬ car return the car rental service. Amends Plan to Buy Boston Commission <F* Maine Tv^nsnort"Mon Co. ICC examiner recommended the Commission turn Greyhound's bid td take over $317,500 B & M s rights to through down service January between Fort an Boston/'Mass., and Portland, Me , and several shorter to , c'o with establish to Dec. he 2-.I ha;* , The Frye line and start financing. assembly an last which the Wye Corp., and Tex. has condition concern produc¬ v stated. was had. been,,signed contract company Worth, Safari is for planes already. that the aimed primarily fm- «nlp tn the numerous but litth*airlines that operate in undeveloped areas. Mr. Frye said he haj 22 contends Frye to 60 be cheaper The contemplated. or which Safari, will have load top a c ? operate than any airliner no\f the basic passenger version wi't He said he hopes to have the first one off the production will passengers, be $395,000. cost to of 1958.—V. 184, p. line in the middle of 2625. Pa.—Stock Offered—The Hamilton Paper Co., Miquon, is offering to its common stockholders of record 25, 1957, the right to subscribe on or before Feb. 8* for 1957, additional 108,160 of shares stock common (par $5) at $29 per share on the basis of one new share? for each two shares held. The offering is underwritten by Stroud & Co. Inc., Philadelphia, Pa. The is First Pennsylvania subscription offering from plus enmpp^v portion a Insurance an at the Philadelphia 1, Pa., ret pfnreoAi* Trust & nf this loa t Co,, of (nteuAe f<-> hsp the proceeds of wire purchase to company 126-inch of Banking agent. the and new $1,500,000 Install new a trim maximum (112-inch width paper. width) This new machine will be installed together with auxiliary equipment. Pa., alongside the present No. 't 1946 and orig'inallv designed t»* machine.. In addition to fch* new machine, the company will install a boiler designed to product* 60,000 pounds of steam per hour, and erect a one story] warehouse having approximately 60,000 square feet of floor space in whiea will be concentrated all of the warehousing and shipping ol finished goods. A new well will be drilled on land owned by the compan/ company's plant in a building machine such accommodate to provide The an Miquon, everted in at additional water additional to paper the new machine. supply the installed estimates company related costs oi the new machine an t the new boiler, the construction oi the new ware¬ loading facilities, and the new well, will, approximate which includes a provision of 10% for contingencies. The equipment, house and $3,700,000. intends to add to working capital the excess of the proceeaj offering and the loan over the costs of the expansion program. event the costs of the expansion program and working capital requirements are not as great as anticipated the full amount of ttn# company of the the Insurance used be .The further it of the of On to board tne the machin- new borrowed, if wLi increase th<> will by 120,000 pounds and tht.4 to produce paper at a lowee loading facilities will increase thu and finished goods. storing and shipping Nov. DIVIDENDS—On intention that warehouse new of or paper making capacity will permit, the comnanv dailv The cost. not be borrowed, improvements. mav capital estimates company addition in loan company for company's quarterly pay in 1956, 20, cash light'of the the stated directors dividends, future subject to financial their present the discretion conditions and earning* company. Dec. 10, and shave a 1956, the company paid a stock dividend paid in 4% cash of 25c per It is th * dividend common stock. board to pay a cash dividend of 25c per 1 share on March 11. 1957. to holders of common stock of reco-d J>n March 1, 1957. The annual cash dividends paid in J955 ana tn» first three quarters of 1956 were equivalent to an average quarter!/ dividend of 10%c per share on the 216,320 shares outstanding prio* to the present stock offering. present intention the of CAPITALIZATION & Maine Unit— in a move designed to sneed Interstate Commerce approval, amended its application to purchase rights to Corp., competing routes from Boston Last main flying extremely successful and eight cents a in that no return to 50 conditional a Grumman in raise $15,000,000 efficiency pilot operrt'on in Cleveland, Ohio, Greyhound Rent-A-Car announced its plans to initiate nationwide passenger car rental service on Jan. 7, 1957. The first Greyhound U-Drive-It stations were opened on that date in New York City, Chicago, Detroit, Miami and Cleveland. Expansion into all other major U. S. cities will follow shortly. This new Greyhound service will offer its customers all-new 1957 cars at a standard nationwide rate of $8 the On that the it The by Oct. 124 had negotiated fleet car leases ,with more than 50 business firms. In mid-November, Geryhound Rent-A-Car acquired Ihe physical assets of the R. A. Company, thereby expanding its service to all parts of the U. S. and adding 50 more centrated tion, In of $10,000,011. produced le.enues March. 14 established must Engineering Corp.—New Contract to manufacture the Fryer "promising replacement" for the DC-3. < Frye, former head of Trans-World Airlines, Inc., disclosed om between Post Houses $19,500,000. $10,057,000. to top that amount by about $1,500,000. exess package tours for rental Jan. Aircraft corporation has agreed provisionally a machine coast-to-coast collect figure volume A hound's This Safari, PROCEEDS—The Package . 1956 also makes 11 additional products, including the origln.-vl Chill Tonic developed by E. W. Grove, Sr. company's research plans will also be aimed at developing ne .r products, new uses for old products, and scientific information to L-* used in detailing.—V. 184, p. 2625. revenues $107,883,670, says. arrangement Post 141 Grove figure. operations, > The Jan. corporation revenues period same June service, Genet for Greyhound The of San Francisco. orrhoids. propeller gov¬ flight.—V. operating revenues of $243,000,000 for for the previous year. Operating rev¬ of 1956 reached $183,621,593. an in¬ the over Greyhound in this concern Tasteless actual in months Greyhound Mr. President, increase show ended charter year, Greyhound —V. nine months 1955, riers a "Sales 7.5% will $225;881,451 first Houses, hound $11,000,000 expansion program highlighted B. F. Goodrich Chem¬ Co. Genet, of $7,120,963 over the this In its contract Express Service produced revenues of $9,459,120. For this past year (1956), it is estimated that sales of this division will rearh a record of a'most $11,000,000. This service of the company has had a steadily expanding growth since its early inception as an accommodation to. businessmen along Greyhound routes. Nn November, 1956 the spvicp was p'""i cwreheosive by the car ical hydraulic encountered The on (B. F.) Goodrich Co.—Chemical Unit Expands— -An and the Research— on said the company will SDen \ about ten times the amour 4 embarked on its expansio n Foss, Inc. Mr. Force are to p. Air reported salas of $17,915,000 in 1955. The 1956 total is In 1955, Greyhound charter bus service revenues were The The operations; filed an 240,000 shares of cover ng 66,610 shares per Jan. to S. a firm $12,800,103 six increase Post the the of the for will show inauguration Shops of America, Inc., Providence, R. I.—Files With Securities and Exchange Commission— corporation electric conditions Arthur compared enues later Gob The of K. company to that mates In Construction simulating 1956 year from be ' „ awarded 2762. p. crease started be bv According 1958. will been Greyhound Corp.—Completes Record Year— bonded the to $7,705,000. ;,Mr: McDonough said the * largest single item in the Georgia Power budget is the continuation of work'on two 125,000-kiljwatt generating units at Plant Yates near Newnan., The first of the tWo new gener¬ ating units will come * into Service in June of 1957 and the second in has operating, characteristics ernors ucts, orders South the assume amounting Inc. before ago year, Merchandising, Manager James F. Blair also outlined ad and sain help plans for Grove's cold medications, Bromo-Qulnine and 4-W&/ Cold Tablets, as well as for its other heavily-advertised products, in • eluding the Fitch line of grooming aids, ana Pazo Ointment for heuN* known "ex-officio." Hydraulics, next Marketing Vice-President said corporate plans call t-rt continued high-level expenditures on Citroid Compound, marketed na¬ tionally last Fall, and a greatly increased ad budget for NoDoz Await • eners, acquired last month through Grove's purchase of Harrison Prod¬ The Committte $1,334,119, officials of Headquarters, Air Material Command announced recently. The contract, AF 14/604/-5993, is for the manufacture of propeller governor test stands. These machines test the performance and approximately $11,000,000 in cash would of the Georgia Power & Light, Co. and [Georgia Greer construction 1957 in- this Expansion— Gene - the Awarded Air Force Test Stand Contract— es years 27 Jan. on research on program. Jack the of nt II five spent IncJ-—$300,000 President, Grove, $300,000 should Court announced was Executive of President RoVnwi", as committee This the of Vice-President F. Greer, of members Senior Jr. Directors, President. H. to Grumman Oppenheim, of 9. p. James close 630. p. Board Greer. management other Glass, Judge 1957 174, Hydraulics, Inc.---Laurent Oppenheim, Chairman of Executive Committee— Edward Mr. 2739. p. Feb. plan.—V. Committee The Net il- Brooks, on the approve pointed 1955—11 Mos.—1955 1956—Month—1955 compensated new .concludes that If the Trustee's plan Is amended to il) reduce the over-all debt, (2) strengthen the provisions of the deben¬ tures to maKe the interest cumulative, to provide for interest being paid or accrued from the date of their issuance and (3) give the debenture holders a substantial proportion of the Jessop stock proposed to be given to the common stockholders, the plan would be feasible and fair and equi;able. A hearing was scheduled to be held in Louisville Federal Court The ' the 1,846,239 Georgia & Florida RR.—Earnings— be not and the equitable equivalent of report further Greer Period End. Nov. 30— er would would, not be 00 fSfc they accrued- interest, 2117. p. 182, Grove Laboratories, - Webster Ji V. Green 10 Offered—Pained Webber, 'Jackson & Curtis and' Stone & be^yxce.vsive and t:,e new debmtures wo"ld h» illusory to subs*Sepurities Corp. are offering 34,642 shares of quent purchasers since the interest is non-cumulative, they bear no s years and tnereafter oniy. h earned, and because $1.35 cumui. pfd. stock at;, par ,($25* per sh^re) and ac- ^ iSe w too low. As to fairness, the Commission concludes that the treatment- proposed for the debenture holders is not fair crued dividends^ with a dealers' coiicession of 75 cents. v M c- cars believe [id ■ pa-sender an from vacated or made, permanent. *'[ The Commission's order asserts l*S vehicles of $25,000,000."—V. expenditure and issued exemption respect to upon ck industry. the 10-.000 exceed negotiated principa.il/ The estimated requiru ■ to be operated in th > Griff Mfrtes, Inc., Witinemucca, Ncv.—Stock Offerirr * Temporarily Suspended— of Np. charge will—be ^dded-.lo^ accrued ^dividends. -^Tliese - Kgntwdky, OwenSborcfDivi$iorr, Of an advisory report of the Commission are ther shares renmimng-trom.anitiBl .oHerin^ Jan.-J9 Pf Kimrsuant Jo. Sections 172-Tand 173 of Chapter X of the National ^fcOO.OOO Shares;- See;a)SO V. 185, pp. 341 and 145.--* •'U "i Bankruptcy;1 Act joa; * pr©ji>osed plan 'of reorganization for this corpornin tim Division an in leases 300 U-Drive-It volving • 300 leases over GIVING EFFECT TO PRESENT FINANCING Authorized notes due April 1, 1969— notes due April 1, 1959—, notes due in 15 years— — 4»:, % prom, 4»L»% prom, 5% prom, Common "The stock (par company $5). has entered into an *$1,550,000 1450,000 Outstandina $1,550,000 252.000 § 1.5n0.0n0 600.000 shs. agreement with ([324.480 shS. an insurance ( 8 (612) maturing on April note sory tThe agreement as amended, with each of the three banks on entered into an banks under which May 7, 1954, loaned $150,000 to notes maturing on April 1, 1959. promissory the company evidenced by Sales same the and the to shall purchased be SEC ($1 Howell The - and is, and sale board trade Offset. as Book, Book, P. E. M. Mimeo, Writing, Bond, specialties. ' , company's common the Stroud & Co., Drexel & Co 9.873 Inc. Applegate Inc. Hulme, 5.547 Bear, Stearns isi Co. Anthony Tucker, & Blair Janney, Dulles ___ Harrison 4.622 ___ Sherrerd & Kay, Richards & 4.622 Woodcock, Co., Inc. Battles, & 4.622 Milwaukee The The Ohio Chas. Co._ & M. W. Clark II. Byllesby St Co., Inc.— 2.773 E. First t 0.924 Grubbs & Robertson Paucoast Rambo, Clo; e & Kerner, Inc. & Yeatman, Suplee, 2.773 0.924 was 1955 for Pratt, when figure such at $260,528. was the to 185, New See Electric England below.—V. System _____ $79,342,568. addition, the corporation holds $252,100,000 of mortgages as trustee agent Total 0.924 Merger— Co.—Proposed Electric 184, The 2325. p. York Corp., New York Holly Securities This Jan. filed corporation stock, series A, ^registration a statement the SEC with $50 par, the 406,638 shares of series A preferred and 763,011.3 shares of the common to the holders of ■ the 50-cent convertible preferred stock and the common stock, $1 par, of The Mount Vernon Co., Mount Vernon, Ohio, in exchange for the Mount Vernon preferred and common stock held by them, on the basis of one share of the Holly series A preferred for each of the 406,638 out¬ standing shares of Mount Vernon preferred, and 21 h shares of Holly common for each of the 305,204.52 shares of Mount Vernon common. An additional 210,000 shares of Holly common are to be offered to certain holders ol. 35,000 shares of the outstanding common stock of The Van Dorn Iron Works Co., of Cleveland, Ohio, 011 a six-for-one Holly proposes to offer all of corporation the at year-end were above.—V. Inc. Products, 1 " ' V Control— 183, 669. p. Inc.—Registers With SEC investment Jan. on Inc.—December Sales Increased— (G. R.) Kinney Co., $6,117,000 $6,647,000 Sales —V. 184, p. 1956—12 Mos.—1955 $52,203,000 $47,433,000 1956— Month—1955 Period End. Dec. 31— 2837. the At wholly-owned is corporation the by savings 129 today, meeting annual of New banks Clifford G. Messrs. Daven¬ President of The Mechanics & Fanners Savings Bank of Albany, C. VanPatten, President of The Binghamton Savings Bank, directors.—V. elected were " , 184, v their suggestions to improve the company's operations, it was announced on Jan. 21. This was the largest amount paid the company's employees in any year since the IBM Suggestion Plan was established in 1928, Walter A. Harris, Director of the Plan, reported.—V. 185, p. 343. $639,349 record the For feet, The awarded was employees IBM in for ly56 — 1956—11 Mos.—18-55 1956—Month—1955 184, p. 2o37. y. square is possession of the four story department the heart of downtown Brooklyn, that this Spring this store will be in operation. taken 184, expected 1353. p. Higher— (S. S.) Kresge Co.—December Sales 1956—12 Mos.—1955 1956—Month—1955 Period End. Dec. 31— $63,970,288 $63,619,260 $364,107,532 Sales —V. $352,347,784 184, p. 2837. Kress & Co.—December Sales Lower— (S. H.) Period End. Dec. 31- 1956—12 Mos.—1955 1956—Month—1955 - $30,974,691 $167,635,545 $30,390,003 Sales $167,896,337 —V. 184, p. 2837. Kroger Co.—December Sales —V. 184, Higher— 1956—52 Weeks—1955 1956—4 Weeks—1955 $128,187,852 Sales $114,115,964 $1,492,578,439 $1,219,474,812 2837. p. $10,507,572 $63,515,401 $62,628,220 $10,229,215 ___________ Sales Off— Stores, Inc.—Dec. Department End. Dec. 31— Sales 725,000 Fulton and Bridge Streets in It Per. End. Dec. 29— Interstate Period will have a total of total area now in use. stores new twice the has company 011 Y. —V. The than more or Sept. 29, 1956 sales were $54,847,140 and net In 1957 and 1958 the company plans to open department stores in New York, New Jersey, and ended year $1,558,876. additional Pennsylvania. N. — — seven Dec. 31. '55 $21,296,294 $15,108,468 Dec. 29. '56 Enaeci— Weexs 1723. ' {1 . p, International Business Machines Corp.—Makes Awards A Korvette, Inc.—Sales Up 41%— (E. J.) Id Sales savings banks. for Cornelius and on 406,638" shares of $0.50 convertible preferred and 2,476,116 shares of common stock, 60c par. covering 1957, 25, Registers Exchange Offers Commission— — Exchange and the of assets State. port, With ' • Oil Co.—Change in covering store corporation's In Incorporated Co., .145. p. Haverhill '• . Boston ments, which totaling $1,532,384 was paid to the 100 savings banks $47,844,000 of ten-year debentures. Interest hold Mosley, paid or —V. — ' company on Jan. 30 filed with the SEC 28, 1957 to the following registration state¬ additional securities as indicated: 500,000 shares series S-2 certificates of participation; and 1,000,000 shares series B-l certificates of participation.—V. 184, p. 1914. This amendments profits stockholders for 1956 was in the amount of $150,000. This'represented a dividend rate of 3%, the same as that paid for the previous year. dividend The 0.924 Codings and Co., Inc._ 2.773 C. Dewar, 0.924 j •' * 94,987 48,443 $45,475 $46,544 for the corrcspona- — 184, p. 822. Keystone Custodian Funds, (N. Y.)—Earns. Higher— President, on Jan. 16 reported that net income for at $298,876, which represented an increase over net income E. Robert 1956 0.924 Corp.— ;> Doeskin, See / • . Institutional Securities Corp. 0.924 West & Co.— & Kirkland, company ;______ of last year.—V. Keta Gas & 1.849 Co.— Inc. Cleveland Kuch G. Jenks, 2.773 Co.— Whiteside, Winslow, The that _____—____ increased slightly over sales November for $9,545,798 919. 1.849 Chace, 2.773 1 p. board Induction & Brooke & Co.———.—-—— 4.622 Co.___ since 1.849 Co.—: Moyer — Wright, Wood H. C. Hess, the 1.849 Vice-President of PSP Engineering and Calif., has been elected a member of of directors. He has directed operations of PSP was acquired by Induction last year.—V. 184, Los Angeles, Co., income ing month / ' /",'/• Executive Menkin, David Manufacturing 2.773 4.622 _ & /Co., «te 2.773 —— 4.622 Co. Scranton <te W. Bicren & earnings trend for the first three quarters of the Wohlsteiter said, "earnings for the year to date are running well ahead of last year. Backlog is the highest in company history—$1,800,000, compared with $900,000 for the same period last year. Sales for the entire fiscal year should exceed $2,000,000, as against $1,700,000 a year ago." Mr. year, income—i— on 1955 1956 $9,654,267 92,807 47,332 • the Reviewing 2.773 ——— Co.—4—_—__ 4.622 —;. Inc. Co. <k Butcher Thayer, Baker & Co Yarnall, Biddle Co L. R. Bache & Co Newburger ' Board. the fiscal 2.773 Co & 6.471 has been 28 Up—Earnings Off— 31— r.ll of taxes Sales including Show Gain-+picture for this corporation in the fiscal year forecast by Charles Wohlstetter, Chairman of improved earnings An ending Feb. & Humphrey, 6.934 _ incorporated in 1881, owns was water works system a Induction Motors Corp.—Earnings of the indicated respective percentages of the shares stock not subscribed for by the exercise of rights: , purchase to which Co., Water serving an integrated area city of Indianapolis, Ind.—V. 183, p. 2184. operates the agreed to issue and sell to the the underwriters have severally agreed and below named Federal Net Indianapolis The and a 40% interest in National Centrifugal Walsh, president of the latter, said on Jan. 10. The 184, p. 2837. departments ;___ Net income before Federal taxes on income--— does not common behalf of certain selling stockholders and The company has 1,064,537 shares of on shares common Co.—Acquisition— Kennedy's, Inc.—Sales sales 1,431,200 $6,345,947 $2.35 transaction were not disclosed.—V. the Nine Months Ended Oct. Net stock outstanding. UNDERWRITERS—The company has Underwriters is The offering represent new financing. Pennsylvania plant and principal offices are located along the Schuylkill River at Miquon, Montgomery County, Pa., ap¬ proximately 12 miles from the center of Philadelphia. The plant buildings contain approximately 345,000 sq. ft. of floor space. The company owns approximately 60 acres of land Including the plant site. Parts of certain related structures are located on land leased to the company until 2055. The Michigan division plant and office are located at Plainwell, Midi., approximately 12 miles north of Kalamazoo. The buildings contain approximately 350,000 sq. ft. of floor space. The Co.—Registers With SEC— Jan. 31 filed'a registration statement with the SEC coverihg a proposed offering of 250,000 shares of common stock on 01* about Feb. 20, 1957. The group will be headed by Glore, Forgan & Co. and Raffensperger, Hughes & Co. • on 1,757,344 $7,460,054 $2.77 preferred stock— on has purchased company of 2.495,656 $7,777,147 1477. p. Casting Corp., Ted terms - ——-— Kelsey- Hayes Wheel This The-company in the P. Litho, Tablet, Super and Antique Duplicator and certain industrial and Book which has existed for some time on. the and aircraft instrument company.—V. 182, 184, 2,540,626 $9,217,398 — —.• _ Earnings per share on 2,695,000 —V. 40,223 $11,758,024 $10,272,803 applicable to common stock Balance vacancy a electronics Indianapolis Water sale of division is engaged in the manufacture and Writing papers. The papers are known Michigan The Uncoated fill to the of Dr33,277 —.— ——a requirements Dividend 2790. p. "Montgomery." and made was $11,791,301 $10,232,580 — deductions income Net Calif.—New Dir.— Harry R. Allen, General Manager of the Lax wood Co., a Los Angeles home bubilding concern, has been appointed a director of Ideai-Aerotmitli, Inc., C. Cortland Smith, President, announced. The appointment stock options company the manufacture types of papers now in income Gross Income Ideal-Aerosmith, Inc., Hawthorne, income (net)— income 1955 $61,518,797 $55,494,648 49,727,496 45,262,068 _„ — Operating Other capital. working for many years has been, en¬ of Writing and Printing papers, The manufactured bv the company at Miquon are known in the trade as Bond, Ledger, Mimeograph, Offset, Papeterie, Text and Cover, Reproduction and certain industrial specialties. Some of these papers are sold under the registered trade-marks "Hamilton" BUSINESS gaged per acquire exercise issuance upon the Reno, Nev.—Files With SEC notification with the to be offered at par share), without underwriting. The proceeds are to be used to a certain licensing agreement and contract from Robert Co., Inc., to acquire a plant site and building, and for Jan. 18 filed a letter of shares of common stock corporation on covering 300,000 The company "determination date"). (the restricted outstanding the that 16,016 shares reserved, for 11 Not including of and conditions terms condition p. 2837. 1956 Months Ended Nov. 30— 12 Operating revenues " — Operating expenses and taxes- (Robert) Howell Corp., contained in such agreements shall have leceived not less than $2,500,000 as the net sales price of shares of common stock) the insurance company agreed to purchase two 5% promissory notes of the company each in the amount of $750,000, the Jirst to be issued prior to June 1, 1958 and the second prior to Dec. 1, 1958, ana due 15 years after the first day of the month during which the first note usual ject to 1956—Month—1955 1956—12 Mos.—1955 $4,696,318 $30,915,349 $31,016,516 2836. p. Stock Option Power & Light Co.- -Earnings Increased— Kansas City $4,432,660 — — 184, —V. key for Plan Corp.—December Sales Off— Period End. Dec. 31— ' 1956, 31, The stockholders also approved the restricted employees at the Annual Meeting.—V. 184, company. In Onawa, Howard Stores the company entered into an agreement with the insurance company under which (in consideration of a fee of of the full $1,500,000 from time to time not borrowed and sub¬ §On Oct. made feed middle and been told previoulsy that for the issuance of this had company stock, the directors thought it advisable that this stock be available in case it might be required for,future growth of the additional mid- sells its products through local feed dealers in 17 Atlantic states. It also has Its own retail Indianola, and Story City, Iowa.—V. 185, p. 145. Th e com pa n y western stores the while The stockholders had no present plans shares. 6,000,000 to resold by the Honegger-Hanley Mills, Inc., and C° 1969. 1, has company Philadelphia three as purchased from is feed amended, subject to the usual terms and conditions contained in such agreements, the insurance company on May 7, 1.954, loaned $1,550,000 to the company evidenced by a promis¬ which, under company, Kroy Oils Ltd.—-Trading Ban S^eet Grass Great See Jewel Tea Co., Inc.—December Sales Higher— Otis Ltd. Continues— above—V. 185, 343. basis. Period offer 38,333 shares of its common stock to certain shares to ceitain vendors of property. 1,016,5)5 shares of common stock are being reserved by Holly against the con¬ version of the 406,638 series A preferred shaves. Of the 38.333 com¬ mon shares to be issued as a finder's fee, 5,000 shares are to be issued Holly also will and 60,000 —V. to Paul O. Buckley. King for the working in certain oil leases and 50.000 shares for application against indebtedness arising from its acquisition oi the stock and Sigma Properties, Inc., and 3J,3Jj shares Ter. thousand shares are to be issued to Bruce to interest Holly's of note of balance remaining The for possib.e share rials reserved are common stock ation on stock. ferred to from to shares 3,500.000 mining, to and 184. —V. p. by the management oil include and gas concrete steel and 2014. 8,500.000 and other * shares and the cre¬ heavy capital See Corp. Holly 184, p. stock Holly's metals construction. newly (2) Offer, etc.— Sabre Pinon below.—V. Corp. 184, To tion In Iloneggers' on Co., & (111.)—Stock Inc. Offered—The markets, and sell (3) test in in the net proceeds will be added to working capital I the Caribbean with doing the of following Inc. the out Florida objectives, above talent the actual the Florida plant.—V. 184, p. (110 GIVING BUSINESS—The EFFECT TO PRESENT Net FINANCING was 76,048 sns. incorporated in Illinois is qualified to do business in Minnesota, Iowa 1946, and principal executive offices are maintained in Fairbury, on and July Ohio. Wholly-Owned Subs.)— 26, Earnings Its Inc. 111. $24,863,272 1^,268,888 (less other 3,532,053 3,013,067 $6,409,108 125,220 is primarily in the business of manufacturing and sell¬ poultry feeds and feed Ingredients with feed mills in 111., and Indianola, Iowa, The company's feeds are marketed animal Fairbury under the and trademark Big H." The company also sells various miscellaneous items of equipment and supplies, some of which it manufactures and some of which it purchases from others, for the ° anima Poultry, a line of farm animal shelters, poultry ' SinufLC ?C1i e f iia »hich are y Total Int. "Honeggers' 194J70 subs. deductions).: w m bUildlngS is 'narkcted. of which c01tlpanv in ils plant at Onawa, Iowa, and purchased from other manufacturers. Muuf Int"' of Mansfield, Ohio (an unrelated company), under which l!£mPofn:arranKement with Honegger-Hanlev ' Net incl. amort, for income per the Had exp a share Lawrence, continue company's approved & President, at a annual an in a is at satisfactory meeting increase in letter to 184, the 196,243 2,543,000 $2,271,298 $1.27 stockholders, stated all-time high figure and incoming rate." He also reported that, at which was held common 1957, all per share. 2689. Jan. 17, stockholders stock from 3,000,000 Sales Increased— l: 56—Month—1955 1956—11 Mos.—1955 $160,588,109 $152,229,846 2837. p. Columbia, S. C.—Files Commission— Productions, Inc., Exchange and Securities corporation 011 Jan. 14 filed a letter of notification with With the SEC of common stock (par $1) to be offered at_$2 Alester G. Fur man Co., Inc.. Green vide, S. C. The proceeds are to be used to acquire special building, equipment and f° working capiial. per 30,000 chares share, through Lincoln National Life Insurance The Co. of a fees holders Walter O. majority Life's Life interest L>fe that owned Dominion American force.—V. shareholders, merging President, said: "There is no thought of that it is to the best interest of Eomi as a Canadian company with a substani > by Canadian citizens." Menge, the two companies. ion in the Dominion of who are understood to comsmall group, received a net of $1,975 per share, after deductio and expenses. Lincoln National is also offering other shar $1,975 per share for their holdings. Dominion prise Co.—Acquisition— has bought a majority interest Waterloo, Ont., Canada. company Insurance an authorized Corp.—December $27,934,104 $26,736,838 —V. $5,010,541 $3,026,109 disc. 200,961 3,502,000 deb. taxes that "the company's backlog orders $6,729,070 $1.69 of earnings Earnings John ; income exp.. Provision Stores Period End. Dec. 31— Sales 235,054 194,742 foreign Inc.—To Redeem Stock— corporation has called for redemption on -Feb. 20, outstanding 6% cumulative preferred stock at $51.42 Conversion rights will also expire on that date.—V. 182, p. $4,581,317 expenst-S— _________ unconsolidated from income general and operations— from received Other _____ $31,785,196 21,844,035 __ administrative 184, p. 2327. its Th 1955 1956 sales of Selling, System below.—V. 624. The company ing Leonard Refineries, Lerner Florida . sales cost Outstanding 150,000 shs. (& Electric Co.—Proposed Merger— England Electric The of covering 3 Months Ended Dec. 31— par)— company Co. Manufacturing: 2837. p. New See Higher— 1956—Month—1955 1956—12 Mos —1955 $.,076,850 $6,679,544 $67,451,7o2 *6o,8<Jo,Ol9 construc¬ and installed in 1404. • Reports Increased Profits— and Authorized stock p. ______ 184, Lawrence facilities. and J Sales —V. Leslie general corporate purposes, CAPITALIZATION 174, Bryant Inc.—December Sales Lane Joa, napkin machines in and South American sanitary Joa advisability Florida G. Curt 1 sell to principally (4) machines of these and Florida; in Joy PROCEEDS—The Common 1,600,000 shs. machines of Curt G. Joa, Inc., built in newly developed machines and processes; the products produced by test machines pilot new demonstrate of program were: company operate to Joa, was Dec. 28 offered publicly 12,000 shares of (no par) at $25 per share, without under¬ writing. for Outstanding stock common used lor division of Curt the Joa Co., of Florida, working jointly, built three modern Joa sanitary napkin machines, two of which were sold over¬ seas, Colombia, South America and Fuerto Rico, and tiie third one 1582. G. company and purposes. 2,350,000 shs. the of part a merchandise to foreign p. corporate centsi_ (par .10 activated operated 2ul4. Co.—Partnership Plan— llomestake Mining price.—V. same distributorships establish general other investors be used to replenish raw mate¬ to are to Inc., the Joa Co. was incorporated in Florida on May 4,(:1953, with'its principal place of business at Lake Wales, Fla. The prime purposes of the countries; See and BUSINESS—As (1) ai,ove.—V. proceeds supplies, Authorized Common Florida Holly Minerals Corp.—Exchange basis. efforts and Co.—Control Sold— headed by John Eisenbeiss of New York has purchased a controlling, interest in this company for about $920,000. Heinz M. Glaeske, President, said the investors purchased 167,375 shares of common stock at $6.15 per share from Paramount Securities, Inc., an investment trust controlled by the Krueger family. Tiie Eisen¬ beiss group said It would buy any otner ovreugtr snares availaole at the of group Period End. Dec. 31— to diversity and expand production, asbestos and bridge best a CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING f shares of a new 50-cent cumulative convertible pre¬ The action was in accordance with the plan submitted stockholders activities on inventory working 550,000 of Offered—Anderson Fla.—Stock Co., Lake Wales, & Krueger Brewing (G.) A PROCEEDS—The net shares common 1956—52 Weeks—1955 $334,755,447 $300,3 75,379 2837. p. Co., Inc., Palm Beach, Fla., on Jan. 16 offered 300,000 shares of common stock (par 20 cents) at $1 per of stockholders The 388,176 of Joa ut stock ______ 184, Cook $«ub,000. lor a liituic uate in c.vciiange tor 64,636 snares Van Dorn Iron Works.. Jan. 25 approved an increase in the authorized issuance common the Inc., Company, Pieioad rluC 1956—4 Weeks—1955 $28,247,979 $25,543,515 End. Dec. 29— Sales finders, Life, States, 182. We believe j continue it p. operating has 315. more in Canada, Alaska, Jamaica than $700,000,000 worth of ( and severa insurance — Number 5609 fflVolume 185 The Commercial and Financial Chronicle ... (613) Litchfield & Madison Ry.—Earnings- 115 of period End. Nov. 30— Laiiway expenses,- oper. Railway 1956—Month—1955 $311,795 $314,650 *162,342 156,017 revenue— oper. $149,453 43,961 Net rev. from ry. oper. railway iet inc.— oper. < 185, p. 45. -V. - 1956—11 Mos.—1955 $3,519,152 $158,633 Street, New York, and children's N. The Y. apparel • •, operates company stores ; in , eastern , . . chain a Melville Shoe southern and 506,592 use 150,000 its 1956—5 Weeks—1955 feet square former premises. . floor of In double space, addition, the substantial amount Is space leased p!~2337~~"~ $17'914'008 $15,483,338 184 to End' Dec' 31 1956—Month—1955 - The Industries—Acquisition— warehousing premises The purchase by this company of the West Coast laboratory and the icquisition of a licensing agreement from Chromatic Television Labora;ories, Inc., was negotiated by William R. Staats & Co., it was an¬ Jan. 16... Litton Industries, Inc., nounced on tube television said. remarks made. the Thornton Mr. .* President, Litton Which patents' already use - • , * . when developed television home on announcing Chromatic at application set This : that Litton Jan. Industries. Litton Mr. of Television the Thornton said Litton Jan. electronic data processing • tube. concentrate systems, 1957 no & 31 The announced vas I Jan, on ANWAC III-E An 13. _ ' . delivered was States, ' . and .Lehman interest. bonds ;; The in at Propulsion;: Research [Monica, Calif. ■ - Corp.'i, the Europe, Structures Aeronautical have of it Canadian Lab., to ty the ' ' v bonds parent end, above the Logistics Defence Armament of funds . ^ ^ & and , be to are corporation's subordinated tends Earnings Rise— the years in each the years of 1969 through time, 1977. * ' " their at net net , the at from following the time of the sale the corporation to be available for general corporate t Federal additional properties to be leased to the The May Department from the corporation year net The leases. bonds certain . for . Co. these four properties $2,922,000 annually under 30 •' non-callable mortgaged prior monies to property. The through bonds will be or BUSINESS—The ; limited to the business, of The May Stores ownership of properties which ••' company, ' « •• Realty to '*• ; ' will the ' • , Deci 31— Year Ended " " - -r1956 - 1955 , Sales. I———JL-jl—:ii: $88,650,577 Net profit Outstanding Earnings per share— —V. 1—^1— —.— 184, 10,151,363 after, taxes————l————— Shares 2,640,000 $3.84 1582. p. of $74,489,168 4,759,086 2,640,000 / ^ which May , $1.80 Department Stores Co. main are downtown operates stores and In in the Shipbuilding company; primarily devoted to be Merrltt's various The total cost $32,750,000. of these - .• .. . . • . . ; CAPITALIZATION Electric Light Corp.—Proposed Merger— V " * 21,579,893 New England Madison This « 2327. "General Garden Corp.—Earnings Up— Common Electric Square corporation Jan. on System below.—V. fending Nov. ,30, 184, of net a profit [preceding fiscal year.—V. $160,371 of for p. profit three-month the for the •The first cipal period the Domestic the road show Todd-AO distribution wide-angle, -V,* y.r>- ; the of pioture Film rentals 1956—10 Mos.—1955 1,276,584 2,615,189 25,071.524 24,559,315 2,506,559 2,413,972 22,349,807 22,543.495 charges 1956 Month—1955 income 15,345,542 2,143,352 1,260,958 taxes $ $:. ; 19,889.888 229,244,606 208,695,844 14,307,237 161,639,729 144,387,298 2,186,369 25.165,004 25,422,517 1,051,414 14,880,330 11,981,846 21,237,871 taxes—_ 1956—11 Mos.—1955 $ after income 2,488,019 charges * * 2,344.868 2,162,616 v - 2,177,465 < •. 27,559,543 1 26,904,183 25,012,423 "24,722,960 184, p. 2443. Inc.—Earnings at Higher Rate—« Nine Months Ended Nov. 30— Net sales Earnings before taxes, Taxes be income on Net ' * . . Income on (estimated)—— 1956 1 v Cash .1—L_ dividend the the picture previous quarter; income •..from OKLAHOMA! totaled, $833,000, with $409,000 in penses in-the the the to compared as with in ...A. loss a of. $2,000, months ended Oct. Skouras Mr. 31, -1956, show . nine month clared. * pericd therefore, wa£, 990^778 " paid i; $914,564 772,560 — share per - Co,,, distribution Cinemascope exhibition in pany will 1957, from has distribution "Negotiations produce office in in or from been Pacific," other contemplated. Century-Fox film rentals The com¬ by to be than v Todd-AO. March realized completed for Magna Theatre Corp. to by many to have the greatest boxpicture history. South Pacifie will be in 1957 under with arrangement Rodgers Hammerstein Pictures, Inc. Inc. Pacific' Hollywood §| of 1957. show and The be in expects Todd-AO domestic the in • & to 'South Pacific' to cities is in the ready 'South open JJnited to release end of 1957. have, or have the show pictures theatres 50 release Pacific' States Century-Fox lot beginning in the spring able be now for Twentieth Pacific towards theatres equipment necessary to anticipates that at least possible major ( location the on the company when on filmed and in will that for road Todd-AO. be in to The so therefore or more & Drexel & Fahey, on Oct. 29, 1956, Magna is prepared to repay indebtedness next March and $2,000,COO of Its $6,000,000 debenture hopes to repay the remaining $4,000,000 meeting in October, 1957.—V, 184, before the The company has called all the outstanding 4Va% preferred stock for redemption on Feb. 28. To induce of the with Co. to them on preferred a buy at by Feb. the basis into of group $53 of 25. per The 1.49 stock, common investment any called shares company has an headed by Morgan of shares shares of are common convertible for each stock. Co._ 300.000 Co. Reid Beane_ - & common preferred 43 Exchange St. 100,000 Leonard & Lynch 200,000 Cook Webber, " & 31— Sales The from 1956—Month—1955 $5,395,400 corporation former $4,625,682 Jan. 21 moved headquarters at 1107 on its $31,654,922 $27,640,945' executive Broadway , to and its general new offices building at ; * —V. 184, * Reinholdt & & Gardner Co., Inc $202,052 . 1956—Month—1955 * $ for Deane Moore Hulme, W. D. Co.— & 400,000 125,000 Frank, Stifel, & Miller, Stix Peabody 185, p. & Co & Swiss G. 700,000 Dean H. & & 100,000 Co... 125,000 Co Spencer 800,000 Co & 100,000 j. 700,000 Co.. Co Freres 200,000 200.000 Meyer Nicolaus 100,000 Loeb & 100.000 Co. Boyce Fox Co. Jones Mellen & Lazard & 700.000 Co & Staats & R. Stern Brothers & Inc -r-V. Stern, & Inc Hutton E. Edward Stein Bros. 100.000 Applegate Humphrey, William 400,000 100,000 American Trask Corp... 100,000 Co... 300,000 & Walker & Co Witter & Co 400.000 400,000 486. | Corp.—December Sales Higher— McCrory Stores 1956—Month—1955 1956—12 Mos.—1955 s Sales —V. — 184, $ s $ 19,754,775 19,643,899 113,117,004 109,704,666 a of board directors' meeting here today, the company year-end earnings of $530,000, or $1.20 a Last year the company had a net loss of $174,894. announced share. on Jan. common company also took action to raise their regular quarterly dividend from 15 cents to 20 cents beginning with the first quarter this Dividend year. of record for Feb. the first 28, 1957.—V. quarter payable is 184, p. March 20 to 1914. McLellan Stores Co.—December Sales Off— Period End. Dec. 31— Sales —V. - 184, p. 2337. y -•..*.•$ * 999,662,823 4 .... "1 corporation Jan. on without filed 15 shares 60,000 share), of a letter Of stock common underwriting. The notification to be proceeds with offered are to at be the par used working capital. Nicol, Inc., New York—Registers With < , This corporation filed a registration statement with the SEC on Jan. 29, 1957, covering 100,000 shares of its $1 par common stock. this stock, Of 77,858 shares are to be offered for public sale by the issuing company and 22,142 (representing presently outstanding by certain selling stockholders/ Lee Hlgglnson Corp. Is named principal underwriter; and the public offering price and underwriting terms are to be supplied by amendment. stock) the as The and its subsidiaries manufacture and distribute (1) converted starches including dextrines. water soluble related products and (2) liquid industrial adheslves. Of the proceeds of Its sale of the 77,858 shares, $100,000 is to be used for the construction of a by-product recovery plant in Houlton, Me.; $200,000 for the construction of a large adhesive plant In California to replace presently leased facilities; $250,000 for the construction and installation of a polyvinyl acetate plant in Hawthorne, N. J.; $100,000 for improvements to its St. Louis plant; $70,000 for addi¬ tions to the building and equipment in Chicago; and the balance company starches, raw and gums for additional The working capital. company has outstanding 322,142 shares of common stock. 14 selling stockholders. Of these, Joseph Morn¬ Treasurer, who owns 45,405 shares, stock, proposes to sell 3,173 shares: now lists prospectus ingstar, Board Chairman and or 14.09% of the outstanding (F. H.) McGraw & Co.—Reports Profit—Div. Increased At SO $ 2838. covering. per The 2837. p. 1950—11 Mos.—1955 146,171,305 1,086,012,226 Securities and Exchange Commission— Smith, 250.000 p. Morningstar, 125,000 200,000 100,000 Co Weeks 100.000 & Scribner Henry Herrman & & 785,443 100,000 Barney & Co Co The 400.000 Jacobs & Co... Simon & Co M. 804,002 v 1,961,883 Mooney Aircraft, Inc., Kerrville, Tex.—Files With SEC 250,000 & Hutzler Semple, Singer, $2,006,952 $ 150,615,054 164, ($5 Salomon Bros. I. —V. 300.000 Schwabacher & Co.. 200,000 79,282 * $2,012,394 2671. p. Sales & Co.__ 125.000 700,000 $208,163 68,775 $3,968,837 -2,140,91B - SEO Smith, <fc 1956—11 Mos.—1955 $4,153,305 164,579 ... Montgomery Ward & Co., Inc.—December Sales Higher 100,000 L. F.-Rothschild • , Mobile Credit Co., Mobile, Ala.—Files With SEC—* —_ 400.000 Hornblower Ry.—Earnings— $372,742 200.000 Co.——. * 400,000 Co... ' . company on Jan. lo filed-a. letter of notification with fcpe SEC 1,250 shares of common stock to be offered' at par ($10 per share); without*underwriting. Tne proceeds are co be used for working capital. .... v , Robinson-Humphrey Co., 800,000 * • The 125,000 ^ 700,000 & & Shepard & Co., Inc._: The " 205,660 . Net rev. from ry. oper. Net railway oper. lnc.__ Period End. Dec. 31— 300,000 Hemphill, Noyes & Co. of 1956—11 Mos.—1955 expenses. $407,712 - 300,000 100.000 — Ripley Miller stockholders Period End. Dec. oper. 200,000 .* vReynolds Corp. Co., Inc. • Southern & 1956—Month—1955 Railway Jackson Curtis.. Prescott, 700,000 Co , , 800,000 Co._l & Piper, Jaffray & Hopwood & 5 .1956—5Mos.—1955 $6,027,038 $19,103,781 $18,344,679 covering Louis Mangel Stores Corp.—December Sales Up— „ . revenue 700,000 The Payment will be made at The Chase Manhattan Bank, Place, New York 15, N. Y.—V. 184, p. 1730. ' • oper. Co., 125,000 Newhard, 700,000 —_ Union f-- Hayden. & of „ 100,000 Morgan Stanley & Co. 125.000 Boston Harriman to Into share 2837. p. Period End. Nov. 30— • ; . Co.——'. - $1.01 Pierce, Turben Paine, Glore, Forgan & Co. agreement Stanley tendered convertible Lynch, & * conversions the bankers share convertible 184, $6,095,042 200,000 & 1-1- Metropolitan , 250,000 Period End. Dec. 31— (P. R.) Mallory & Co., Inc.—To Redeem Preferred Stk. * Minneapolis, Northfield > 100.000 Hallgarten & Co stockholders' next —V. the- $200,000 Marks Masteiv & Merrill, 100.000 Dillon, First Fulton 1914. p. Co Co. M. .Fenner 100,000 Co Clark & Kuhn, meeting E. Merrill Moore, Securities & Co. Kidder, annual & <fe Co.-—--— A. k 100,000 , Co.— Co.— Eastman 'South the • ~ Co. & Doolittle "Twentieth Century-Fox will distribute a CintmaScope version of Pacific' when Magna's road shows of the picture in Todd-AO been .completed," Mr. Skouras disclosed. reported to debenture holders and stockholders who attended lOO.OOO!; —— House Dempsey-Tegeler & have As - Co. & Republic Joseph, Canada. and Legg Laurence 300,000 Co.-__— & (Inc.) Curtiss, equipped will fifty C. McDonald Ino.-i — Central Hirsch it simultaneously it contracted John - 400,000 Sons-— Slocumb Inc be Company exhibition "Thirty-eight install, will & of 1,158,840 v $1.18 the of & ——L3— Brown " 'South each 1956—Month—1955 • —: • The t to $777,758 Miller-Wohl Co., Inc.—December Sales Up— Period End. Dec. 31— Sales Railway Inc.—700.000 Inc.--. »• believed moticn Todd-AO is. not Twentieth domestic processes in by Twentieth Century-Fox those areas where road show in ended against have "South potential produced begun has $2,500,000 advances as OKLAHOMA! Just* Todd-AO receive of sell 842,571 • - ■ thereof. to (. period ... 2,550,000 Inc." provision agreed 6,095 shs. $25,000,000 prin¬ issued under may be underwriters, for whom are acting as reprepurchase' the principal amount of Co.l$2,550,000 & Sullivan Burnham -- v Co., & Alex. de¬ . "Domestic G. Bosworth, previous Skouras Sachs Brothers Brush, Mr. each to profit for the ' (September, October and Novemberr 1956) was 67 cents a share, to substantial increase over earnings for the first and second quarters, which were*18 cents and 33 cents, respectively.— V. 183, p. 2186. Lehman: Brothers C. Blyth said. $2,370,000, and and series ' of the Co. Stearns & Co.400.000 income froin distribu¬ gross has company below; & the Becker & Co., ex¬ over named 12,500 shs. with A. $407,000 OKLAHOMA! was. $3,820,000 which included an advance of $2,000,000 against foreign film rentals. Expenses in connection with the distribution were $1,450,000. Excess of income over expenses in in Outstanding $25,000,000 limited are other Bear, ^ compared as compliance upon " - of Allyn & Co;, Inc.250,000 .Baker, Watts & Co.—100.000 Ball, Burge & Kraus—; 125,000 the distribution, $425,000, -were quarter.r- Exeess of income therefore $408,000,- whereas in the was, was nine road preceding period there quarter domestic A Expenses in, connection including cost, of .prints and advertising, 1, ' $25,000,000 offered bonds ; Net 1955 $14,672,385 $16,047,609 1,906,342 1,620,329 ———— earnings Earnings FINANCING Authorized and 2,756.371 Midwest Piping Co., " v PRESENT value) par severally agreed to opposite its name below: Goldman* curved-screen incidental and of (without Additional Sachs set Lehman . . distribution bonds v process,,-"established* an income record in the quarter ended Oct, 31, George,-P. -Skouras, * President, reported to debenture holders and. stockholders on Dec. 26. in • - sinking 1977 sentatives," has Magna Theatre Corp.—"Oklahoma" Sets Income Rec¬ In TO 5% 15, series bonds above underwriters ord—To Film "South Pacific"— Feb. UNDERWRITERS—The the of 1977 amount. Goldman. tion ' bonds, due stock indenture This year.. quarter ' 625. p. mortgage series, <■ (after provision its current fiscal $129,742 184, net a 1956, the: first quarter of with- compares announced 16 [for Federal-income taxes)-, in *' • fund In EFFECT con¬ 20,005,846 208.00G,735 188,805,956 13,911,228 146,294.187 130,080,061 2,447,664 23,021,652 23,236,148 1,031,765 13,619,372 10.930,432 15.044,826 2,502,112 stores will . " See : GIVING indus- conducted Co.—Earnings— 1956—Month—1955 ' Lowell are income operating be projects, is estimated at approximately • . stores fields*of Merritt-Chapman Sc Scott taxes- Net —V. / branch a located. » 147. p. taxes- operating Net narent .• 30 .department stores, 10 remainder branch stores. the currently has under construction four additional shopping center in which one of the four new and ... "• ■ The May _ » - con¬ redeemable Corp. leased are .' *. Merrttt^Chapman^ & Scott proceeds will Bell .Telephone Other In except through the sinking fund at 100% and otherwise than through the sinking fund at 105% during the period ending Feb. 14, 1958 with successive reductions annually to 100% on and aftei; Feb. 15, 1976. ; 185, operating Federal 1967 damage the of Operating revehucs_^ Operating expenses_ . - . Feb.: 15, realized said expenses after investment operations revenues income ! < Ship. $ lease aggregate of with Net . parent. will of Period End. Nov. 30— ... be circumstances demnation -of an . to are Stores Net leave York departments—chemical, paint and Metallurgical: shipbuilding and two divisions. Highway Trailer Other operating pur¬ the statement, Merritt has informed New is-prompted by:a decision to realize a offering Operations Steel.—V. Operating Operating bal¬ including the payment .of existing indebtedness to the parent approximately $2,100,000 and the acquisition or construction of of activity. would New Period End. Oct. 31— store f > registration the spokesman Michigan the in appreciated of use of department purchase:' the the its through three struction, .and the"0'Neil's" of trial shares interest expansion , Milton proceeds parent value 211,254 that of further k presently owns a portion property in Akrcn, Ohio, will the book Ship "AHM-C&S . which the According to portion 1961, years in the public sale. the effective date of upon statement. 80.5% an York bonds otfier for interest outlined 24" with T. Bale- of wholly-owned subsidiary of The May a corporation, department store the its 97% were Jan. at the market price prevailing on the the time of sale; but will reserve the deteriatnc the number of, shares to bersoki at any particular and to reject any bid or bids. with the 011 Torj Stock Exchange at to right four to to proposes offering will depend Ship —— Net Part of New to, offer 21L254 shares ' ' sinking fund requirement of 2% of 1958 through 1.960, 5% in each of the * $129,777,000 currently holds 1,241,758. of New York Ship's 1,280,004- out¬ shares. According to the registration statement, fttorrttt 'in- standing on by New York the shares Merritt The date of the- registration oversubscribed. the on on covering on associates poses an Co.—Sales SEC . :* Delivery - Lone-Star Steel H department store property in Akron, the Clayton Southtowri branches of "Famous-Barr Co." in St. Louis, and the San Fernando Valley branch of "May Co." In Los Angeles. The balance remaining from such net proceeds will be added to the general Research increase of 400% in AjuWAC of the $48,000 ALWAC is cur¬ rently six months from order date.. The ALWAC III-E. is a.general purpose electronic digital u computing system, available with 8,192 word" magnetic drum storage, and punched card, high-speed punched paper tape, and magnetic tape input-output and storage.—V. 184, p. 2626. /■ ... -reports level. 1955 mPS ^ihoK?0,rP0,ri'i0ni0 sel1 211'234 shares of i Shipbuilding Corp., of Camden, N. J., statement filed- and ance Santa Computing Service, Adalia Limited, Canada, Champlin Refining [^Company, Autronic, A, B., Stockholm, Sweden, and Litton Industries. iThere are two ALWACs at the ALWAC. Computing Center; Redondo Beach, Calif., 1 • ,•.*.• .**. year's Merritt-Chapman & Scott Corp.—To Sell Shipbuilding Stock Holdings— SEC .<• western At the a $17,350,000 of purchase from Its to properties [Board, North American Aviation, Inc., National Security Agency*-South¬ sales with was lien a * . approximately Army Personnel Research C; Another ALWAC was installed been leases mortgage, bonds will have each secured PROCEEDS —The by' the U. S. Navy [Aerodynamics Laboratory, Institute of Gas Technology, The U. S. Weather Bureau, Reliance -Electric & Engineering Company, U. S. Navy computers 184, Offered—Goldman, Brothers offering CONTROL—The corporation is Department Stores Co. manufactured and be through 196.8 and 6% ' , ALWAC Canada This to are and computing r center, at^Washingtoiv D. procedures " Division Other S. amendment an Realty*. Corp.—Bonds Co. 'indenture of > - to the U. installed N, Y.—V. 1956—11 Mos.—1955 $24,324,000 $22,462,000 $138,791,000 in offered properties on way 2784. p. Stores accrued »>y this corporation, were delivered in December, increasing the total to* United company filed its registration to the -"O'Ncil's" installations fin: the ALWAC ;7 New York, continue $25,000,000 of- general mortgage bonds 5% sinking fund series, due Feb. 15, 1977, at 90.50% and . ALWAC 24, Sachs Labora¬ Lawrence will investment •May Logistics Research Inc., Redondo Beach; Calif.—Installs Two More Digital Computers—/ • more West 25th Street, 16 will Merritt military and-industrial uses of the Lawrence- tube and will in enter the home television field by the arrangement.—V. 184, Two activities 185~~p"~46 —V new statement covering an additional 8,868,132.796 shares of beneficial interest in the trust.—V. 184, p. 2784. has a Para¬ [He indicated .'quantity production of the Lawrence tube for home sets., [will be underway by e&rly summer. , %.» " The Chromatic unit will be called Electronic Display Laboratories of these the to Investors Trust, Boston, Mass RegisSecurities and Exchange Commission— 1 ters With ~ -- Paramount supervision. Mr. Balaban also said that Parawill retain operation of a laboratory in Passaic, N., J., which working is then, moved Massachusetts tories* under [mount at Until be York Balaban, Paramount President, said Paramount retains a agreement with Litton and will receive a royalty on products Barney 1. will 1 acquired the assets of Chromatic Television Laboratories, Inc., mount Pictures Corp. subsidiary, in Emeryville, Calif. V [licensing shipping activities 2837. p. hopes to develop further the Lawrence color that "color rada" can guide pilots into safer land- so March -their present location military airmen identify targets and terrain, Charles B. ings and help Thornton, <••.'■*• . about and 1955 $115,975,488 $106,805,943 Mercantile Stores Co. Inc.—December Sales Increased at occupied being tenants. Litton 1956—52 Weeks new —V 9 Corp.—December Sales Up Period End. Dec. 31— ,; . building was purchased by Mangel some time ago, and sub¬ sequently modernized and refurbished to meet present requirements of the rapidly expanding corporation. In the new building Mangel's will $1,537,547 540,706 * 18th women's The 1,683,105 $1,757,062 50,012 126 United States. $3,220,652 1,762,090 , West 1956—Month—1955 $11,881,506 $12,033,036 1956—11 Mos.—1955 $58,473,945 $58,033,053 other two shares members each; the of George J. Morningstar family propose to sell 2,894 President, 2,312 shares; and Murray Muller, Stampel, Executive Vice-President, 2,296 shares. The only other sale exceeding 2,000 shares is to be made by Flora M. Funkhouser, in the amount of 2,265 shares. The other blocks being sold range 463 from shares to 1,685 shares.—V. 180, p. 2190. Morrison Cafeterias Consolidated, Inc., Mobile, Ala.—« Files The SEC With employees There ing Securities corporation covering will on Jan. and 14 through Employees' be Exchange Commission— filed a letter of notification with the 10.000 shares of common stock (par $5) to be offeren to no capital.—V. underwriting. 183, p. 210. Purchase Plan at $13 per snare; The proceeds are to te used for work¬ Stock 10 (614) Holly Corp. above.—V.- 184, ■ 1583. p. Co.—Deben¬ States Telephone & Telegraph Mountain underwriting group headed by The Boston Corp. on Jan. 30 placed on the market a issue of $35,000,000, 31-year 4%% debentures due 1, 1988. They are priced at 101.277% , and accrued Offered—An tures First new Feb. 100.4599. 100.362 and Halsey, Stuart & Co. Inc., 100.137.. The new debentures are redeemable miciaily at iuo.777% until Jan .. 31, 1959, and thereafter at varying reduced prices until Feb. 1, 1983 when the redemption price becomes 100%. ' ■ ; ;• V ... Stanley & Co., ' with $173,123,493 net and $18,5bU,5bl and $153,781,943 First The C. A. Securities Drexel First of Co & Laircl, Blssell & Meeds—. Moore, Leonard & Lynch Loeb & Co._ Boyce—_ 1,2001000 800.000 800.000 8c Inc Burr, Estabrook J. ,——i—* 800.000 Seasongood. & Co 750.000 Almstedt 750.000 Byrtl 750,000 Day Brown Alex. Courts &c Sons-— &c Co & McDonnell & Co 750,000 ,— & Co Smlthers Stroud & Co., —V. 8c 185, 100,000 100.000 - Rodman Townsend. Graff Vvtos„er Other Net 2,315.214 taxes— 1.816.478 income 2.840.3C0 2,173,453 operating —V. ' 100,000 after charges 487. 185, Net ope'r;* j.— 21,061,199 16,341,602 —— 2j1.072 division frame 182,697 843.000 1,169,000 "5777,206 operations us3scs uiec.j- cents coiumch share. per taken 1956 1955. and has 36,833.09J ^Equal to $1.10 per oil elected been of Petroleum for National Effective will be The for 700 Feb. 1S4, the 1957, 4, He has been p. York 1956 N. Avenue 55th between provided space 56th and Streets. Y.. The £0 is address announced... 150.000 feet square and separate elevators serve the Naoisco new a has company on 14th, baking piant conducted 15th contracted ancl at at construction a Fair new Lawn. to will J. N. research sell and immediately adjacent be aetween Nabiseo's tire bakery buildings, and Fair 11th Lawn wiil to be plan p. 1957, otfered for key filed under registration shares a covering statement 100.000 the company's employees of the of its $1 restricted company and its the is under bakerv.—V 80% ^ common bids of of cost for reb. on sale the with compared will from be dated Sept. FOR 15. Nfarch" ^957 " ' ■- Central" ; noted. 184, .1957,' 15. AND v former a replace him and the and 14.332,311 the Nickel and will in 11 that ■Haven Maine railroad. in the the Mr. and has stock subsidiaries op*ion V . on scock, the 100.323.882 48.783,261 in 43 04n.4-'0 20,061,541 20.190,092 afoot RR. There can is been Boston the Maine. - is 185, t're . be to v the of corP°rat;ion on Jan. 16 filed covering offered 20.000 shares pursuant to ^ei6^are- T!le Proceeds of o n class a B letter of notification with common employees'. stock the stock (par 50 cent tmrchase plan at $15 are to be used for working capital.—V. 133, of to oil forth to covering 211.254 a registration shares of its 31 are presently outstanding and Merritt-Chapmati & Scott Corp.. such either such wise sale. 1.030.504 stockholder sdling on the Exchange than on New at of intends York the Stock Exchange, par . . which the will to continue outstanding shares from Jan. stock. are 24. These be prices related to also Merritt-Chapman & Scott (J.. J.) Newberry Co Period Eud.Dec. SI— ' to The to' time, those Oil 1956—Month—1955 —V- — 134, p. 2338. _ ■ ■ on 36,208.673 -34,345.463 p. 1793. 1956- -12 Mos.—1955 .... -03,'434.124 . and of average the range of received price average (h) to show, (it assigned Northwest to which N1 S: terms 0: Northwest, (it to < to interests as to purchase, the manner i'v which John and ' <21 Co. financial of statements the and predeced Northwest, issuer's the •' inaccurate i6 nearly date the of that appears an such (b) report, 100% a only interests in properties, of some the the actuf,l of inclusion held was niterest a re; reserve the the total issuer properties (a interests.).—V. and net >di income not have does footnote 185, properties. ' by incw from W the ' the schedule 1 certain in obtained, was showing when by according to the offerixvg circular, ici bv imnlvins in the description interest 51 'V a operatinc, statement interest, in Northwestern • Bell Telephone 1956—Month 3 Operating to. 148. p. -Earnings— Co. 1956—11 Mos.- 1955 S . revenues 17.338.229 16 272.003 Operating expenses 11.6°0,947 11.293.662 Federal tO f* ft Q 185.877.262 l i-.a123 945.71C 115..aJ 2,216.203 1.901,738 operating taxes 1.081,675 1.081.213 23.705.192 12 373.505 21 -'?: 12.3'° operating Gther 2.349.404 1.935.535 25.352.855 2,197,657 1.849,587 23.232,398 2'2.8,J» 2l-"J Net Net —V. income taxes after 185, 190,689.902 income charges p. ' " 437. Official Films, Inc.—Fischer Elected *aid • , the and percentage of water ii the fluid prod forth the terms of Northwest's contraf the^Commission's order asserts that Northwest's offeff and misleading (a) by inclusion of a res one year old without any deduction lor oil proo addition, Harold L. 184. forth set produced set adequate' properties cm, shares' time -December Sale? Increased— 5 Sales Corp. above.—V. ■ purchase assigned bv St^Hrt to between the Hanlon Oil Co. and. to Hanlon at the prevailing orir° on by public or private sale other¬ or .forth' the; amount tc|be set forth clearly the Inter- sold Exchange at to mer<^»r the SEC and set discussion a v common owned 1.280.504 the time of sale, such are offer to with statement fa!■ to relationship of Mr. Shipbuilding Corp., Camden, N. J.—Regis¬ Exchange Commission— filed 1956. 26, Dec, on the 0if.purchase, rights the oartly shows a omits properties,-(b) (e) the igi furnish since New ters With Securities and This corporation anno"nccd on was notifies Con A covering certain interests which, nod to be owned by the issuer, slightest between - Commission," it Regulation of has contract°d In Haven. such ' - Exchange its set it New Refining Corp., Billings, Montai Period. End. Nov. 30— York .&a 2120. p. order temporarily suspending an exemption frcm Act' of 1933 with1 respect to the prop; to the.cQiilract- report the New Haven iiot possibility likely p., 487. 184, A.1 on i "S'TbT'lhcbrporci Morgan _ i' is whatsoever a City.—V. p. the" Securities well, each the would relationship. with the of even not - There his board of There future.—V, .if) cgreement state¬ a others, or merger of a connection of discussion no for . resume no member any Mc3innis. & and an leases, gravity acquired Alpert to — Directors, in truth. J. Temporarily Suspended— sellers the circular B; of purchase, includi ng (It what, rights Northwen w'll have *0 comn operations prior to Dec. 31, I960, the date for. the completion of payments thereunder, • a nd\<2_) what forfeiture prov sions are conti 9-' 148 374.322 Hartford Oil filed varioi-s barrel, 160.215.452 Patrick office York offering Circular of API V ' 1,D3S,505 railroads. McGinms foreseeable New 134 w. Pre ident; Bond^ Montana-Company in the producing properties, <c) to. adequate information es to the. cpe:ating history av,d earnings ol refinery,, id) to set forth adequate Information relative to the ave: of and range of operating costs p~r barrel of crude oil produced i Plate 4.603.383 be further from the chance There 6,1068 $1.47 York of inclusive. MONTHS the each mature 9,723,923 111,432.191 & that plans were Boston & Nothing- could McGinnls 6,119,486 $1.4'8 suspension order,- the Commission asserts that It has reaios cause co believe tuat tne notiiication a-t d -offeiing circular, cat. untrue statements of material fact and omit to :tate materia! fe We have been beset by persistent and baseless (rumors to the effect President George Alpert would resign from his office that $6,8«| 6,119,486 permanent. Northwest that-New Haven and 500,000 S8,998,450 its ment, dated Jan. 28. said; 13v SE<"" Haven the at New uhde'r or" made vear.— ''3, President—The Board of as 500 500,000 39,043.452 stock com, public-offering by this corporation of 150,000 sha-res-of its commons! at 32 per-share, - The; order provides., an opportunity for hearingj request."oil, the questiort • whether the suspension should be ,vac. the New 1957 4, The Securities 2672. York. Remain to 2,IOC $7,364 temporary 5?i%' general mortgage bonds, series may- be exchanged" for bonds in definitive'form 23, -has issued 1956—rll Mos.—1955 $ Feb. lstration ■ 15,-1972. FIRST 1.956—Month—1953 inc.— oper. p. -2,280,859 $9,498,450 326. 1963,' 1, west railway 2,324.234- outstanding^.-. share Northwest ?'•, . . ... March to NOVEMBER 4,617,740 1.959,759 Net bonds.. pfd. stock__'_ on Stock Offering $52?' proposed 10,532.275 National Homes Corp., Lafayette. Ind.—Files With SEC be i 67,371,23.1 diesel-electrlc, Promotive* and hom-er expenses- See to 166 $9.4S} common Wall Street, 23 145.882.329 $6,420,000 of equipnunt trust ' '' y '' issue will be tisecl to, 14. the Net rev. from ry. oper. by the common shares 184, July St. Louis RR.-^To Sell Ctfs.— invited of the ... 15.150.015 after with par 116. EC $9,29' 174,766 $11,867,686 $11,779,309 mortgage applicable Outstanding Exchanee. .. 3|4] Sep. 30,'56 Oct. $11,679,277 Sll.604,543 —_ — for" dividends alter income, for Deceptber of same month a year ago. net the year; revenue.. be which Gypsum Co.—Registers With SEC— company 28. ^ agreenf Northspan Uranium Mines, Ltd—Definitive 01' 50,956,052 the $39,104,259, to t 1EST' certificates 1957, This $ 132.355.792 u; 183,326 Aggregate cost of the equipment .is-estimated" by $8,049,423. ' *'». shares Jan. i •*»%'. • in of activities center r-l'f"S 1 agaiiioc 3603,721,21p-for-'the previous Period End. Nov. 30— ' National has Avenues, completion upon research development to and 9th discontinued 415. p. rigl $.9,108,926 $58,22'^ 67.504,383 58.93 68 286,797 $9,543,452 p. 1956—11 Mos,—1955 * at with office its Streets, ib\h operations there in 1355, from EARNINGS Its the general office was moved to space in the company's Newbakery in 1905. In 1930 the offices were moved to the present building on 14th Street. The an 188,409 per to 1893, and about New York located taxes income.. first on Common • headquarters on New York's west side for over Initially lccated in Chicago when the company was formed years. in had in noon Railway oper. Railway. oper. .Up— office it J S floors. has at semi-annuaily asso¬ includes cafeteria and medical facilities for the general offfice employees, earlier • proceeds The 5 Mos.—1955 general new 22. income net 1354.- has leased six lower floors, two through seven, of the air-conditioneci building jusc completed on the ease s;de of Nabisco Oct. 31,'5o income Balance for -1956 equalled $5.02 a shtu-e, 'compared to .$8.03 previous year. Opera cipg_ revenues" ,.f or ;t-he year .werecompared with S762.666.356 for 1955." Operating expenses company The Miami, $4,122,313 323,834,839 322,652.696 company's New Avenue. 23.982,765 reported: a $4,520,780 in 2672. p. certificates —Y. Park 25,593,303 12 949.656 9,474.412 New Y'ork, Chicago & company floor convertik Co.—Earnings Higher— income Proy. the $633.643 256 were Biscuit Co.—Moves General Office— 425 31-story, Park of 2226. p. National «.f 1956—Month—1955 $4,358,788 — 164, Debentui will be used to pay off $30,000,000 of i requirements.—V. 185, p. 34 income Net earnings V. . corporation. Bank National Bellas Hess, Inc.—December Sales Dec. 31— 2,368,120 S , 184. Corp. years.—V. many this director of a First the of Zapata Industry Sales —V. of 4%% $79,966,074 ancl expenses operating Interest 30,231,11.7 , income into S".8C,'434.916. common ■ Fibres, Inc.—New Director— director a director the 'Period 'End. the construction Ended— Months Other 17,371,751 .32,619,753 ' share a finance Coleman a additional for Operating Partially amounting for the high net December, income-were certain from subsidiary: companies which. 4ii. prjor7years, had)been 5.625.000 — $777,206 ■ Automotive President with 96% — of marketed under was Operating revenues dividends t$i.208.099 221. p. L;,870,453 3.033.8C3 Jan. .28 on the 283.814-for 1955 S18.901.398 — 1/589.884 2.473.650 compared with bi'ings road and 184, p. subscribed for under the Northern Illinois Gas ^3.354,?0p ^6.125,142 ,713,581 >61-2 .6[93.157;529 expensed. •' ''53.879.788 53.175.486 581.225.820 547,375.200 company, cars. ciated provisions.—V. stockholders which expired Jan.! $46,224,200 of the debentures, $f proceeds of the sale and 12 oner.- revenuer.v, railway- oper. inc.la This $22,972,477 —:.—; National Okla., loans 23 343.331 19oo- -Aluncn—i.voo Net rev. frcm ry, oper. 224.774 iniscellijueotrs .taxes- ancl from 164, L. J nerif billhS artjustmJ underwriting group headed by Harriman Rim an Gross 24.676,960 S ■ 945.647 taxes—. ♦Equal to 71 Is contra Central RR.- -Earnings- York Railway Raihsuy S22,026,830 313,676,224 —i sale of George are 96% were common Earnings End. Nov. 30— Period 100,000 The He j Co., Inc. The p. New 190.000 Co._ 6c 1956 , - — earnings share.—V. For—Nearly —V; 1956—12 Mos.—1955 income Income on & 281,200.955 260.436,781 204,033.789 189,510.032 17,556,040 operating Net 100.000 S35,532,062 S2C4.828.649 $196,423,090 — earnings Net with of ' 100,000 8c Renshaw 6c 1956—Month—1955 S36.513.57J and expenses—, Gain " • the contracts. Contract subject to possible on and contractual balance of the issue $ s 24,494,941 The Property, .payroll Net 195^' ' . ./v. " : 1956—11 Mos.—1955 2,114,935 ,»J) 11 income Federal 1S56—Month—1955 19.454,949 Total Costs lD56 . -V ,280,400 were sold through the exercise of the rights. 100.000 Gibson luo.oUJ Co., & Northwest Three Months Ended Nov. 30—1 Miscellaneous Total unbilled-balances estimated Of the total issue of Telephone & Telegraph Co.—Earnings- taxes- income $6,891,425. files liabilities the of Essex 26,226.662 Cb._a Kormendi Pacific Murray Corp. of America (& Subs.)—Costs Higher— Net r contracts Jimbilled from the billings vary, .offering to the Company, Federal 2838. p. by s Inc— Corp..— Securities First 750.000 — 184, ——-— Brothers 750,pfip, Inc. Period End. Dec, 31 Sales —V. assumption Operating expenses— 100.000 Murphy Go.—December &ales» Higher^' (G. C.) the and Operating revenues. 150,000 437. p. major debentures of 1972 S6.000,000 period End. Nov. 30— 150.000 750.000 Inc.- Co., — —-- 750.000 Co. & Spencer Trask & Co G. H. Walker & Co Weeden Lowell and s Mayer—_ Brothers Co.. 750.000 Reynolds S. lVop'j Elkins, Morris. Stokes 6c Weeks ; co. Tucker, Anthony & R. L. Baker, 7 4on, 10,048,116 ;-, of Niagara Mohawk Power CorPi the stock of Amesbury, Haverhill, Law¬ & Son W. and •iNet 150,000 *7J" . Subscribed 99.7% of the capital stock of Lawrence, 59.4% of Lovvell, to be-.effected ..through an ex¬ owned Essex for of New England 150.000 Co._;— & 800,000 Co. F. — •>««.! l« > . 2.388,359- . J v-resulting- from statutory sixth NEES subsicaaiy, at $450,000 (subject to adjustment). To finance the acquisition, Essex proposes to borrow $450,000 from NEES.—V. 185, p. 345. Power. 150.000 150.000 — Newbold's H. 300.000 Company—— 8c Masten E. t- - including S2.750.000 of fi^t m^t-gase bonds of of debenture bonds of Lowell. The exchange of Essex stock is to be made on the basis of l.o25 shares for each share of Amesbury stock; 1.875 for each share of Haverhill stock. 1.25 for each share of Lawrence stock, and 2.5 for each share of Lowell stock. Immediately following the merger, Essex will purchase cer¬ tain transmission lines ancl materials and supplies from New England 300.000 986,700 3,635,081 » . any companies, Lawrence s , - 8<571- 152,243-31,32G,735.119.569jl^i2^675; Dec.«31— At will therefore 7" of Co. NEES 1956, 30. and rence such Schmertz Hogle & Co A. A. 8c Marks M. Laurence — Co._. & Ferris 800.000 (Inc.) Coffin & Bros. Stein Cunningham, & Co., Inc Co. Electric of stock change 300,000 Newburger, Sept, At 81,747,157 /'24;88o,560 i merger Amesbury, 68.3% of Haverhill, 90.4% and 97.4% of Essex. The merger is 300,000 300,000 300,000 & Co.— Stone Republic for s1' a The company reports income, from long-term shipbuilding "oh 'the pe^entagc-of-.completion basis; such income- for public SEC Merrimack-Essex 300,000 1,200.000 Hayden, oons_ Hayden, Miller & Co The Illinois Co., Inc.— A. M. Kidder & Co., Inc. Pont & Co. Central A: 1,400.090 — Witter Dean Francis I. du Michigan Corp.Gaiueu 1.400.000 Curtis ■-.& F. Robert Mou.uoi) Hemphill, Noyes & Co._ 1,400.000 F. S. Moseley & Co 1,400,000 Paine, Webber, Jackson ' '- will be merged with and into Essex- County Electric Co. All-five companies distribute electric energy at retail in northeastern Massa-. .chusetts." The name of the surviving company, is to be changed to 3JU.0U0 3Q0.000 300,000 300,000 300,000 Inc. Childs & Co.. C. 1,400,000 Hallgarten & Co.__——- its of 19,993,980 9^430,604 2,443,859 I 77 - I . llfci Dor - . •'/'.!%; . & —Rrr ' ;i at the close'of the period 371,735,676 14802rJ .Equivalent., number of employees, on a 40-hour ' L.-" basis," working during, the last full • workweek of the period— ^ 12,020 7 $68,829,197 ; /. Co Year End,.ri Dec. 31,'50 " it v. as utility subsidiaries in the • filing of a proposal -with, of five of the subsidiaries;V and the Commission has scheduled the proposal for hearing on Feb. 20, 1.957. Under the merger nroposal, A.mesbury Electric Light Co.; Haverhill Electric Co., Lawrence Electric Co.;1 and-The Lowell Electric Light 300,000 — Carolina Securities Corp. 1,900.000 Co.___— & Co._ & & Co Burnham Co., Inc.- 1,900,000 Dillon, Union Co.- Whipple & Bacon, Corp..$3,200,000 Boston Dec. 31/55 - - v-v 1 ' 10.578,822 V 6,710,974 Other,work A: oper __;/ Estimated-balance System—Files Merger Proposal announced «>6n Jan. " 28*"has joined with This, corporation, debentures: Allyn & Eastman severally have below turbines accessories 7 % Corp. following respective principal agreed to purchase from the company the ' '• v • Dock - Dec. 31,',56 ^ - r. b L !i nluc •, —Three Months.Ended^-/ % Hydraulic r England Electric New , the total operating revenues naJmed underwriters UNDERWRITERS—The of the "V 2838. iqe, pius aN Shipbuilding &. Dry < " conversions and repairsu. _x—-2——_ % Inc.—December- Sale? Lower— * -1956—Month—1655 >v«>&56—12 Mos.—1955 $12,398,636 $12,549,807 $69,196,740 _____ six income was $21,588,089 compared respecuVei> for the corresponding period of 1955. For the calendar vear 1955 were $186,583,868 and net income $22,626,535. amounts . 31, 19-56 total operating ten months ended Oct. • -. Ship *50,353,485 "6lt,"635,054~575.353,266 '-."V-'-.. > ' 51,232,248 Period End. Dec. 31— Sales New EARNINGS—For the were -l-A: 2338. p. company Montana, revenues 184, —V.' 184,"p7 supplies telephone service in Arizona, Mexico, Utah and Wyoming, and parts ot Idaho, Texas and Oregon. On Oct. 31, 1956 the company had more than 1,187,000 telephones in service. \ V l * BUSINESS—The Colorado, h ' • Neisner Brothers, funded debt of $140,000,000. American Telephone owns the 2,920,883 shares of capital stock outstanding. of "• : >• .share per -/* ■">' / Shipbuilding contracts " 27,093.058 - Co.—December Sales Increased— 29— 1956—4 Wks.—1955 1956^-52 Wks.—1955 ——— —v. outstanding 66.74% ,' $103 at 9 ';v $ Delaware,' Inc.—Sales Up— Tea Period End. Dec. Sales will have to this sale the company CAPITALIZATION—Giving effect an -- Billings: V for this purpose. total of $379,600,000 2338.-' National phone & Telegraph Co. The advances were used in part for additionsand improvements to the Mouhtain States Telephone plant. Tlpring the five years and ten months ended Oct. 31, 1956 the company spent a 134,7p. •—V. proceeds of the sale toward its parent^ organization, American Tele- advances from V - York, 345. Feb. on preferred stock 9/ Vf957"af t'he'; fcitv On 'Jah.' made New p. News ings, etc.— 1956—Month-rl955 •» •' 1956—12 Mos.—1955 $5,414,805 $5,109,892 $22,399,360 $21,185,810 ; „• • •' • "" ~ V r. " Dec. 31— Sales^ PROCEEDS—The company will apply the repayment of 185, Newport ' > product of 4;he- Dobeckmori -Co. ^ VVe expect ; other metallized .sheet, products in the. Vaculite and textile fabric?.* r-rV.; 184, ps,2838. . . National Shirt Shops of Period End -follows: Morgan were made as Co., dividends.—V. be ' . also specifying 4 %%, bids other Two Trust Farmers" yarn shortly to announce line, including paper approximately 4.30% to maturity. The awarded to the group Jan. 29 on its bid of • ' •- ~ "" ' * '* * - was metallic its mediate-payment-will . patented lias called for redemption shares of WSU- cumulative corporation outstanding The of . interest to yield issue Newport Industries, Inc.—To Redeem Preferred Sto - ;y.- President,' oh Jan. 18 announced that the name of National's continuous vacuum metallizing subsidiary, Fpiltone Prod¬ ucts, Inc., had been changed to-NRC Vaculite Corpi This*. unit 'willf t continue to produce high quality metallized plastic film.v Mr. Morse added: "Our expanding line of "Vaculite products is aain-_ ing Increasing acceptance in the manufacture of' automobile interior trim luggage, and shoes, .and is used in . the manufacture of . Lurex, S; Morse, Richard ' " ' Corp.—Unit Changes Name— National Research Co.—Proposed Exchange Offer— Mount Vernon See announced Hacke?t. Chairman the election of of the Leonard Board Fischer O. to and Board— President, on Jj!1t as a director oy corporation. Mr. firm Fischer of account Merrill 2, John is H. executive a general partner the brokerage and unfer^' Kaplan & Co.. New York City. He previously * ,in the 500 Seventh Ave=. )Ne«tr'York City* °A-j- lumch. .Pierc".,-Fenner 1957.—V. -184, in p. 2226. . & ,Beane ' , from September, ' 1946 a • * , v' t y • ^ . . * * * Number 5609 Volume 185 1i . t \ . , Tt, The Commercial and Financial Chronicle . f <615) Ohio Edison Co.—Stock Offered—This company is of¬ fering to holders of its outstanding common stock, rights to subscribe for 580,613 additional shares of common Ohio • $12) (par stock at subscription price a share, on the basis of one share of of $46.50 Operating Operating per Federal Brothers Lehman cents specified bids Other Merrill $159,497, Co., used by the its tion subsidiary, 25.8 or from cents; , the Beane & ' sale of the additional to Pennsylvania its meet investment of cash Co., the in and 2,825,183 26,988,547 12,864,313 for its 1957 operating income 2,702,218 2,704,830 25,942,135 2,694,142 26,097,812 Other the in generation, estimated an population electricity at electric other also is Co., electric of wholesale associations tive vania, its 000 and the subsidiary First 12 1,600,000. Its and GIVING in of this shares Coal series due rural Oct. Co., mines TO 1974——— 2%% series due series due 1978, due 1980-. due 1984— 3xk % series due 1985—_____ stock Common ($100 ($12 par Generating sale Corp., Pennsyl¬ company Olin to $128,741,- Corp., 2,418,503 Jan. on for 28,771,033 in of cash a has issued 24, not stock Ohio. trustee, under dated limitations 1987 44,200,000 1980 21,670,000 Ser. AA First of $100 Ohio share, per to pay portion a of Aug. the mortgage 1, 1930, of issue series in following: 180,000 company's additional to of amended, as 4.56#, shares; and other purchasers, stock to be 150,000 3.90%, shares; of facilities the at the Muskingum mine not internally oy the Coal Company. applied to the SEC lor authorization to securities to plant power be to are Olin of is, West 5% Metals are to be jointly owned Revere. The other unit is to cumulative be at if company, Power time make will entire presently proposes to use its units reduction of aluminum, and to Olin facilities to be located near Claring- in requested, for excess capacity consideration generating plant of its provides for deliver aluminum. of classified Common by of the respective them •' ■ i 4.44%, are its behalf on plant which and Ohio of is to of used memorandum Power Ohio In Power plant hour 1956, that ail proportion its to in expenses the power nay will Captina provided as Ohio for and wliicn Allen Fauset, 3.90 . Dickson Ac Co., Inc...— 3.90 Stiegliz 3.90 Ladenburg, Thalmann Ac Co.. 3,90 Halle Laurence M. Marks Ac path Parker Co Ac of and the Dec. Steele Ac Lane, Inc.___ Ac Kay, Richards & Co.—™ series due .57 3%% series Inc. C. Mead. Mid-South Putnam Chas. Ac Scranton & Co The f"v Crowell, Weedon Ac Dempsey-Tegeier Inc.__ Co Rodman Rowles, & — & Templeton Sterne, Thomas Agee Ac Mosle Ac Scott. Horner (te Co.——— Anderson .95 Arthurs, Bingham, T. Mason, C. Ashmun Fitch, Boettcher Brooke and Ac Brown. Inc.™. Co Ac Co _ ..95 .95 Investment Murphey Favre, Adams <Sfv Peek_. .76 Peltason. Tencnbaum George D. B. Bonbright $5 Co. .76 C. Bradford Ac Co .76 Branch. Cabell Ac Co _' George R. Cooley Ac Co., Inc. .38 J. M. Dain Ac Co., Inc Dewar, Robertson Farwell Foster Ac Ac H. O. Peet Bramhall Co._ Inc .38 Sage, Co .76 .76 Ac Ac Inc. Spribner Ac Co Ac Suplee, Yeatnian Webster F. .76 Columbia S. Ac Durst, Inc Yantis Ac Co., .76 Henry Inc.— Ac Co., Bros. & Inc.— Co Co.. Co._u— Schmertz Inc. .57 — Burns Bros. & Denton, Inc.— Burns, Corbett Ac Pickard, Inc, Lee W. Carroll & Co Chace. Whiteside, Winslow. Ac & Dittmar Co., Ac Dooiittle R J. . Ac p. Ac Weil, Ac Co., Co Inc.— Applegate Humphrey, Inc. Clegg Ac W. _ &; Ac .28 — .28 , .28 Lyons Sc Co -28 Co with and proceeds large a The and in the State of Ohio and fishing, boating and other .28 grants ownership of various reservoirs. A whollyShore Water Co. acquired Dec. 10, 1956, Ashtabula western Olin be to are expansion on Pacific ured 100,000 Evans Ac 150,000 „ Co. Inc Ac Iowa Freeman Robert & «fc Hutton corporation the 1967 to County.—V. pay 185, fund, Harold of Net issue Copper Revere 184, p. .28 Ser. J .57 Thayert Baker & Co Ser. K 3% Inc _57 Ser. L Ser. M 3% 3% 3% Arthur bds. bds. bus. 100,000 150.000 100,000 Wyatt, Neal gon^r Ac Wag- _____ Yarnall, 250,000 Biddle 150,000 200,000 — Ac Co. 487. Earnings— Telegraph Co. 1956—11 Mos.—1955 195"—Month—^955 66,601,129 45,067,679 $ $ 61 065.620 712.729,252 643.028,502 41,925,095 479,013,100 433.727,994 taxes—_ 7,034.000 6,985,000 74,697.484 68.947,745 taxes— 5,546,986 4,338,044 60,757,870 52,797,998 income 8.952.464 7,562,737 7.817.481 93.260.79S 87.554,765 6,558,988 82,386,107 72,225,763 income of redemption for & GIVING due Jane 1, due due 488. p. Eastern Panhandle directors The have Co., Refining 30. Jan. connection The price Pipe Line Co.—Acquisition— approved the acauisition by this comuany of the Inc., Garden City. Kan., it was anno-mced on involved was not disclosed.—V. 185, p. 488. See above.—V. 184, Industries Litton p. 729. Inc. Brass, 28 of the EFFECT Dec. 1, bonds TO Co.—Paying Agent— Peninsular Telephone Redemption— on March 1, Chemical 184, public offering of PRESENT agent pa'dng Nov. FINANCING Outstanding 31,000,000,000 $927,000 1970 1 8,669,000 1971 23,839.000 June 1. 1974 109,548,000 Dec. 1, 1979 77,975,000 See Bonk, Exchange $10,000,090 V. 184, of 4%% p. New York, Corp.—Another Unit Penn-Texas has bc«n first mortgage bonds, appointed series E, 1916. Sells, Then Leases Back Plant— corporation has entered into tlm fourth sale-and-leasebuck trans¬ of a subsidiary in the past eight months. GUckman Corp. on arrangement. Liberty PlLouis J. his name, for a cash Glickman, Jan. 10 announced it has purchased, in the latest Aircraft Products Corp.'s Farmingdnle. L. I. N. Y., Chairman of the real estate corporation bearing said the contract for Liberty price of about $4,500,000. Aircraft was signed last month handled another sale-and-leasebark transaction or a Penn-Texas subsidiary last October, when U purchased the Pratt Ac Whitney Co., Inc., plant at Han ford. Conn. This property was in torn sold to Marvin Kratter. real estate investor, in whatglickman called Glickman Corp. Penn-Texas received $11,000,000 and Whitney transaction. made bv Pp"n*TTexf recently concerned the Bayway Terminal properties in Elizabeth, N J., and the Colt Patent Firearms Manufacturing Co. facilities in Harttora, Conn., both subsidiaries.—V. 185, p. 488. a 1966 Corn for 1956. 1, next, Los Angeles, Calif—V. Spring St., Jan. mortgage due charges 185, Centurv $691,000 of its capital debentures, 412%, interest. Payment will be made at South bonds due June 1, bds. « Inc.—— Co.. 150,000 expenses after —V. G22. Authorized refunding Wpod Ac Co. L. Wright Ac 1959 to $35,000,000 first & refunding mortgage bonds, series AA, 4V2%, due Dec. 1, 1986, at 100% and accrued interest through Halsey, Stuart & Co. Inc. and associates. The bonds were quickly placed. Further details follow: Ac 300.000 150.000 Co.__— Ac E. operating Other The CAPITALIZATION White N. operating Federal action our & $ Pacific Gas & Electric Co.—Bonds Sold—Mention was in Geruldson Wulff, Hansen A: Co.— 150,000 Pacific Telephone & 2444. made 500,000 C. p. Ac — 150,000 185, 300,000 Noel Co. 750.000 Inc. V. 100,000 Co.— & Alstyne, Co. Period End. Nov. 30— accrued 626 Bank. Wallace, 300,000 — Paramount Pictures Corp.—Sells Assets of Unit— (Calif.)—Partial called plus par Van 250,000 Lom- <fc Inc. Thomas 100,000 Mc- Co.—_ Smith 750.000 600,000 - also See Strauss _ Kcir Co., S. 100,000 Ac Corp. Ac —— bardo, Jenks, Kirkland, Grubbs 47. p. large expenditures in by Corp.—V. Corp. has sinking at California J. Co.—_ & Investment Blosser Stubbs, ___. Co., Co,— Ac Dowell 150,000 Co.______ Co. Applegate Humphrey, Inc. Ac 150,000 1 250,000 Straus, Stokes 100.000 Hulme, 600,000 Loach. Inc. 1,000,000 Talbot— 100,000 — Waltfcr 750.000 Co. 200,000 Co., Inc. 150,000 — Ac & Sterna, Agee Ac Stifel, Nlcolaus Sulzberger Ac Haupt Mayer— Stern Brothers & Co— 150,000 Ac 100,000 Ac Shaughnossy 400,000 Co., Inc. Ac 2,000,000 — Seasongood 200.000 Co 1,500,000 Hutz- 300,000 Sons Ac Ac 150,000 ' Co Ac & Bros. 200,000 Co. _________ Inc. 150,000 Corp Marshall.— Garrett ler Ac Scott, Horner Ac Mason, »<-"150,000 Company-;. of Foster ' Ac 150.000 Renshaw Ac Rothschild F. Salomon - 200.000 Steele-<& Go. Ferris of Harold .28 Co. Fauset, Jan. 29. owned Chemical Finance .57 Co Este The Inc Ac 4CO.OOO 250,000 850,000 Co. Ac Rodman 250,000 250,000 — Gardner_ Co.— Ac Ac L. Bodine— 600,000 250,000 Co. Rippcl 300,000 & Ac Reynolds Townsend, Co., Hughe's Inc. Reinholdt Davis Ac Ac Co. Rand 150,000 Securities & ——_ — program. jointly is Mathicsor. I 3 Vu % Stewart Ac Pollock E. Inc. Lake Metals corporation Ser. its system) announced .28 487. facilities to The in Valley Raffensperger, 200,000 Crouter Co., 150,000 Win. Ac Schmertz & & Inc. 250,000 Union 100,000 Pizzini W. 150,000 Inc. tensen, — Podesta The 1928. 6, 150.000 B. —_a Drcyfus Ac Co. Emanuel, Deetjen Ac Co. Eastman Dillon, Union Securities & private placement of $100,000,000 of first was .28 Co Feb. 1963, it Refsnes, Ely, Leek Ac Co Security Associates, Inc S. filed Inc. 200,000 Securities Securities Co. F. 150,000 Ac Peters, Writer Ac Chris- Co. as Co.— & Copeland Kendall, Co. is located in Struthers, Ohio. impounding, producing, processing, stor¬ in .28 Co Denton, Overton A. Penington, Colket Sc Co. Cunningham, adopted was notes maturing semi-annually from p. Labouisse, Friedrichs & Co L. incorporation 1926, May 27, name Patterson, Johnson, Lane, Space & .28 Hulme, Morgan on present 150.000 J. 150,000 200,000 First 100,CG0 ——_ Inc. 150,000 Co. through the for .57 Co Edwards. 185, Howard. certain water •First .57 Davenport Bros. The .28 Co Kurd, .57 Carey, Inc. —V. .57 Ac : Gunn .57 .57 West Inc. Cunningham, Douglas Ac Co., Inc Kincks in Ohio the and 000 of 4y4% .28 Co Ac .28 Co Co., mort¬ of mortgage 4 V2 % bonds, series A, due 1978, and $100,000,- the Garrett-Bromfield Ac Ac of acquisition Corp.—Arranges Private Place¬ ments—Agreements have been negotiation by this cor¬ due .57 North of company Mahoning as Revere through .28 Sullivan indenture Hirshberg, 250,000 Coip. Cruttendcn, Net Olin .28 Elder Bosworth, distributes .28 Ac Fordon, Aldinger & Co Barret, Fitch, Co., articles engaged subsidiary, The .57 Ac known .38 .57 John for 200,000 400,000 Corp. .38 .57 Co the 300,000 Co. — Clayton E. & Co. Ac Homer O'Connell Ac Co., 850.000 Co. & Loeb Brothers—— Carolina .33 Allison-Williams Co. Amott, Baker Ac Co., Inc Ac is incorporated was Service the of operates The Baker, Simonds also owned .38 Inc.— Inc. Dahlberg Ac Wells Inc.—; 750,000 150,000 — Newburger, Norris Stein_____ 200,000 Co. Ac 200,000 — Mullancy, Ac —_ Broome Ac Inc. Ac the privileges incidental .38 .38 — Investment Cunningham, .76 Co., Gibson. Ac Woodard-Elwood Co. Inc. Wagenseller Ac Inc.—1 Co., Ac .76 ; Neuhaus .76 Ramsey .76 Co .38 .38 Strader .76 Co., Co Inc.__ Inc. Smith. .76 Co Pierce Underwood, Rutty Ac Co. North Operating Schneider, Eernet Ac Hickman, & Stillman, Maynard Ac .38 Co.. Ac Wil- Ac Hutchinson 100,000 supply Co. Dallas Inc Rupe Ac . poration, .38 Ac 10, - $300,000 Coe 750,000 Inc Co.. Inc. Levy Ac McMaster Operating revenues .38 Irving J. Rice Ac Co., Inc Russ office company .38 Quail .76 Scherck. Rlchter Singer. Dcane Ac Sutro .38 .76 Lunt, Rauselicr. Co.__ .76 .76 Marshall-™ Ac .38 ; Co., of 1956, terms Ac Company.—_ Co. Hirsch .38 ; Chapman Ac Hamlin .38 .76 Ac Pancoast Inc. of Norfolk_ Inc Inc. & the Dec. time Thalmann liams '_ ing and distributing water for public and private use in the communi¬ ties of Massillon, Struthers, Poland, Washington Court House, Marvsville, in western Lake County and in Youngstown (untreated industrial .38 Peters, Writer Ac Christensen, J. Co., The .57 .38 .95 Corp. issued to on ,2,000,000 Mackall 200,000 Blair Co. Water general .38 Lislq^ Ac Marshall Ac Massillon .57 .38 Co Hanrahan Water by amendment to .38 Ac Co.____ Inc._ Ac Stringfcllow Robert L. Whittaker & The ,57 Co., Sheldon Shore .57 Leach Lest range Lake shares time coittpany Co, Lawson, Norfolk— 1,816 Ac 1,500,000 Co. Baxter Harrison first mortgage bonds which may be issued under mortgage is not limited; additional bonds may be is¬ Ladenburg, : 1,500.000 Co. Co.l Ac Barret, Ira in accordance with only Inc. Lestrange Hannaford tl46,834 shs. the A. M. Kidder Ac 150,000 150,000 S. Bache of of BUSINESS—Company Meyer & Fox__ Ac Co, Co. 915,000 200,000 shs. by Securities Hallowell. 990,000 with, - the several principal purchasers, none Comphny, and the principal amount of each are as follows: the __ Gregory Ac Sons——. Hallgarten Ac Co 576,000 ' — from may ' % Co. ——— Grande Outstanding None 17,068,602 shs. of names with Co. amended. as tlncludes .57 Co.__ Scott FINANCING due $10)_. (par amount but gage, & Strudwlck Ac .95 .95 Roberts Ac in .57 Company Williams C .95 .95 Co Ac. Rotar., Inc. Snyder Mitchum, Jones Parrish Stern, Frank, due indenture sued .57 Co — .95 Evans Ac Co., Hill Richards Ac Co ; Ac Poole, .95 Clement A. Renshaw Parke .95 Elworthy & Co Ac Winston Schmidt, ;r" .57 .57 .95 Co & ' the Robinson-Humphrey Co., 1.52 ,95 Slnnumb "The .57 Inc. 1.52 Inc. In.galls .57 Co.___. Penington, Colket Ac Co 1.52 Shumhn, Agnew & Co._-.____ Bingham, Walter Ac Hurry, Brush Co Ac Securities 1.53 Co Gardner W. Miller ,57 1.52 & Allyn Ac Arthurs, 686,000 • —_ payable to banks, 4 'A% Nov. 1, 1960 Common stock ,57 , 1.52 Reinholdt PRESENT TO , Notes Mason-Hasan, Inc. in I960, $808,000; and $3,179,000 1985 Co.__ Levy Sc Williams Eisen Ac Waeckerle, 1.52 Co.——- EFFECT 1982 1.52 Inc.— 1956, $340,000; 1978 series due Loewi Co. 31, Dec. 1959, 1975——— 3 Va % 334 % 1.52 Northwest series due .57 Lester, Ryons <fe Co Ac 3 Vs% .57 .57 William Co— in mortgage bonds: Kenower, Lucas, Co.—_—: to 1956 1, company agreements $4,700,000 Ginther Kirkpatrick-Pcttis Co.___ MacArthur Ac the The company estimates that it will construction during the period ending $867,000; GIVING " Lawson, Pacific 1958, with connection Authorized "First .57 1.52 & in $2,041,000; new Oct. Co., Inc. 1.52 Blair follows: as CAPITALIZATION .57 Space program. $4,400,000 for 1960. to be used in are $344,000. .57 Co._ 31. :i1957, % Co., The offering was proceeds construction about expend net 3.90 Red- __ Ac PROCEEDS—The • Emerson Ac Baker, Weeks & Co.——_— Hirsch 12 shares held. underwritten by Blair F. Claybaugh & Co., Harrisburg, Pa. 4.40%, unsubscribed below: Johnson, Ac Auchincloss, each had purchased Stuart DeHaven t, L. affiliated bonds Corp. 6 1957, for 11,295 additional shares of common stock (par $10) at $24 per share on the basis of one new share for company's H. is AA American 148. p. the of the Jan. 11, 1957, the right to subscribe on or before Jan. 31, shares; the of employees Inc. a the In 1,000.000 shs. authorized. amount for Halsey, generating Generating generated 18o, the and for captina in opera¬ of 1,000,000 shs. ______„—20,000.000 shs. directors PURCHASERS—The Gen¬ the 1,517,375 shs. 11,127,426 shs. Oct. purchase on an installment basis of 127,426 shares of .4.50% redeemable first preferred stock. These shares were issued to employees in November, 1956. 31, Burns and supervise 1,127,426 sits. 5,959,397 shs. $25) (par Shelby Cullom as outstanding representative forth the tCompany Stockton plant, Kammer addition. agreement.—V. will Generating, the reimburse will kilowatt per Captina "Od as Kammer each. mill V2 the by that known be Generating operation energy fee of contemplated 1,719,388 shs. 1,517.375 shs. series ) of maximum no now 150,000 percentages set % Co.— are stock certain Co., contains fixes in board increase Byrd presently 2,860.977 shs. 1,750,000 shs. pfd. stk., cumul. pfd. stk., cumul. 4.36% redeem, first pfd. stk., cumul. Redeem. Jst. pfd, stk., cumul. (un¬ Captina that 400,000 shs. 2,860,977 shs. first units demand two appropriate or further agreement also may fabrication 1,173.163 shs. 400,000 shs. ——— first Ohio Water Service Co.—Stock Offered—The company on Jan. 16 offered to its common stockholders of record Trust — redeem, 4,211,662 shs. 1,173,163 shs. pfd. stk., cumul. redeemable first pfd. stk., series redeem, by and 35,000,000 4,211,662 shs. redeemable lirst 5% Revere Revere 1986 _ A. Olin 1, pfd. stock, cumul pfd. stock, cumulative— Allison-Williams Co. Cresap, bv Dec. first first what of near owned subsidiary future some memorandum the unit construction for the aluminum, at the ox| which Corp. Generating Ohio for Generating Generating The is Power 156,300 shares.. names the and purchased ... S. but there White, Weld Ac Co.——a- 3.92 R. which bonds equal rank of which UNDERWRITERS—The Ac Bankers due stocK (par $25) preferred stock, cumul.__ first 5 Va % author¬ Ceptral bonds preferred G% additional 40,000 subsidiary, Company plant wholly-owned Metals to Revere operate It amount. tlssuable the of as on authorized the 60,887.000 1. 1, Dallas •Issued 1984 Dec. 4.50% erating. 6,386,749 shs. bds. due June 1, Dec. "The this Chemical The to addition, will 8,000,000 shs. 55,742,000 4.80% hearing thereon. a Power. fabrication charges. 636,300 shs. 1984 due 28,086,195 order an of excess its consideration the Coal has of a 77.475,000 46,211,000 1, due 5% generated voting Ohio by available 25,776,000 value)— 2,673,221 by Co. units Mathieson ton, In 1,000,000 shs. cum. due Dec. 69,113,000 73,824.000 bds. 28,089,656 generally three-225,000 kw. supply energy for 24,715,000 value 28,587,181 capital request a the all owned 58,000,000 par 2,388,449 providing initially, to be Virginia. Two tion, series series stocks and bds. Wheeling Co., 24,088.000 66,084.000 bds. of to ' 3%% series 12,000,000 2%7c 3V\% tPrefcrred Ihrce Power 26,039,000 _ f 2,645,046 purchase used cash '* 1980 33o% 13,108,241 transportation by 1, Z aggregate. Power 1957, 8, Electric $30,962,000 1975— 3Vatt for Dec. Y 29,261,378 14,094,476 According to the application. Ohm power has entered into memo¬ randum agreement with Pittsburgh Consolidation Coal Co., Olin MathieChemical Corp., Revere Copper Ac Brass. Inc., and .Outstanding - _ 29,774,253 1,139,250 son FINANCING Authorized 2,510,242 1,230,163 installing additional equipment for' the purpose of production at its Muskingum and Cumberland No. 3 coal Ohio 3 Vb % of coal and energy PRESENT be due X 3 '/a %■ purchase stock of Captina Operating Co.. of Marshall County, MoundsW. Va,; and the Commission has given interested persons until $24,513,000. EFFECT 120,358,658 ville, sells to of Ser. W Feb. the revenues will cost expanding 250,000. 1956, 133,970,802 2,785,706 the bds. Ser, 12,271,587 1957-58, in 9,100,000 23i%; *bds.*ddc! June 1.' l9$l' Ser. R 3V«% bds. due June 1, 1982 Ser. S 3% bds. due June 1, 1983 Ser. T 27a % bds. due June 1, 1976 Ser. U 3as% bds. due Dec. 1, 1985 190.817,933 announced was during estimated having in areas, 31, operating and it Proceeds Pennsylvania P 48,182,000 Ser. 206,426,712 taxes company to the $100 par of $4,000,000 or coopera¬ distribution about ended, of systems 1975 2226. p. The SEC, izing ' electric rural 1, A, stock also company Dec. Ser: Q 27e% Ohio Power Co.—To Increase Investment in Units— construc¬ of due Ser. $ 18,309,528 taxes income charges. ___' 184, $ 12,544,841 operating after —V. Ohio, is en¬ sale bds. 1956—11 Mos.—1955 $ 19,205,756 expenses. income Net during in Ohio, seven purchase, mortgage bonds: 3% Tr.e and subsidiary, population months income and areas, distribution own Ohio. consolidated net rural municipalities communities, had consolidated in generation, estimated an CAPITALIZATION * in the 133 in energy having, about 21 owning their in distribution well as as of to companies engaged EARNINGS—For and purchase, 588 communities, in energy 3% Outstanding 1977 Ser. 1956—Month—1955 revenues operating The gaged 1, 25,667,692 charges provided with its principal office in Okron, Dec. 25,701,207 2,716,334 Federal program. BUSINESS—Company, due 11.968,991 Operating common common bds. 26,751,136 1,146.868 Operating operations, requirements $2,100,C03 Power from 3% 108.087,071 1,218,556 after Authorized N O 172.508.405 121,425.961 2,806,044 Net ; 187,220,956 11,312,338 taxes, Kidder, ~ 17,989,269 13,047,276 taxes__ and Morgan Stanley • hand and to be derived on and 19,774,094 income < • . expenses $ underwriting as follows: (Jointly) $114,900, or. 19.8 Fenner $ . revenues—i Period End. Nov. 30— ! Co. ■ company for an additional 1957, of proceeds together With cash be will $149,900, 27.5 cents. or PROCEEDS—The shares, & Pierce, $ Net the for Stearns Lynch, (jointly), Peabody Ac Co. & compensation and Bear, share; per " - Ser. Ser. 1956—10 Mos.—1955 operating Net offering. The successful group won award of the issue on Jan. 30 by specifying a compensation to it of $107,413, 18.5 cents per share. Co.—Earnings— 1956—Month-r-1955 Other of record Jan. 31,1957. Subscription rights will expire at 3:30 p.m. (EST) on Feb. 15, 1957. The offering also carries an additional subscription privilege which entitled holders of rights to subscribe at $46.50 per share on a basis of allocation, for any shares not subscribed for initially. White, Weld & Co. is manager of an in¬ vestment banking syndicate which is underwriting the shares held or. Telephone $ for each ten common Bell Period End. Oct. 31— 11 a multimillion-dollar 99-year The two transaction. lease in the Pratt Ac other sale-and-leaseback arrangements 7 (611) • * **- t and financial Chronicle The Number !>lume 185 4- h# tj - Running S»lw> *h«» *. tk»t »«rpot®tns« retorcfd the third fiscal -quarter »ia<wt» K®*. l**S%, **wr t.lKhr-f *#**« tor three-month period in 1Uj4-$*»r lu» wft *im* l«r ttve n;n* month* jed Nov. 30 the second ft1*:*** *-U# l«>t ar.y ownwrrtie. porUxl,. rtin II. Beneiiek, Board *« «>» Jan. IS, faming* components indut rv (trunks the * #* I; Grayson-Kobinson Stores, Inc.—December "the * 14>, 1 t*x*» + • ■ ... in the comparable are, 'Sales th acqu.red during Instrument figures.---V. -1*4. i**. 1*94. neral * —-V. Offering" General Telephone tioA |«e.—Earning*— Co. of WHui»*, »-«A4 jPeriou End. Nov. 30— which - /, , • i 4» J | yet "operating f; m-- it 4 income -823.126 receive it r.51.112 l **>'2,"uu 1.2*5,019 ; , of IttltWf 18—rttferred Stock / ^ * 'he stock is the unexchanged portion of 160.000 shares 1 ffered to preferred stnckholdeti «4 i'n.iot* Telephone Co. | t * binder 0 ; *'" ,-S r proposal. !Sce V, !U3. p. 3-42. exchange of an * ':v^:;;;:-yp* -i General Telephone Co. of IK# d«»»,'■* dfcral ,income:; taxes-:ii'; hor operating , - . % ■*"> ».W 16$ ■ taxes_„ >..;® »16 Ct.O.dld '» «3 2!4 10 M,», ;u»5 rl 2 4'iW . % * * #M 184, 4,(WiW , t %. ; 951 ?t»7 9 942 $'1.4 ■ | #* aihvay.,oper, revenue* ;.jjWa <31955: Mos 195 l .4 S.'t'l'ti - * 1 212 it r ry. oper. from rev. $. A* 969 '..*44.1*4 inc.-- v143.2/4 railway oper. ,-t 208.527 i tm i pi the Li p. the whether to other of Glass. the the of President BoVps-v, F. of Vice-Fresident Benior company's history. this .*51 WtiWC, l«rwst 1%. toy. me dirteior*. construction ibu.<'-•«•< ■«** .*9 1957 A n i*i. *<*»■ *3»- $40,000 <*.u -i*:« ».-• I9V».-..... rjiis figurecompares with I*re;-i- i'9 f ]jn addition to this ren.m et e**it *•<*♦*,' 'Jk+tH i ent, said approximately $116*4*45 c* *,» rash d»4 |mkI for th* tfof | roperties of the 'Georgiii'.-fo* I.,- ♦ t O * *t »U «*!• W.4W WW ;would be invested In,' fc"w >tMi t • -»«» **»' »««• t» ."ttoo South % | ieorgia area. -The Gfioi).:# !*»»* *f * $ »**i #{» e «d«i ttw * . th* iwwati. |. i»bt of the Georgia Povr A M.UC 4 V 2?.»* o'a»ttir-t t*. I'.lflS WJO. '* Af i'. McDonouglr sjtid tlw 1> r4.» k '♦••• -V-.- r* ;•■ m the <leorhia Power :% udget is the continuatiot of trd ».r »*i* g*»rr«tititi• i nits at Plant Yates new: Newt'«i|t. If • tw«» Utwo m?w gem ii ting units will come luui.-n***##. a* Ju* # .«* |ik»i «ta«i the moiid Inc. Hydraulics, Offer June of 1958. | n 1956. | Work- will 13)iver dam f license - 1%4 lie •4 fpleted. *,* "i" # *jll lir• Irfitti pt | '"H"*.I *"t m noct Powvr 18$ pUnt «♦»»>*** * 1959.—V. in *« t - The corporation on of Jil « 240.C09 shftret of ** u r cover ng 'per share. underwit *r The H Cotnpltt<on is Files I. 183, p. ■ A »i *•» «j4 4 operations; to increase tb* ft Jtr. | -—V. w .us o -♦! of whir's 4rr#M* at 81.25 30 <*»nt>». pe" t. i t the Co, S-w York, n*j'#nm#nf t*-"* s*ore w-arki.«f Ctjdtul 1754. (B. <tiW I- 4 F.I i 4 5? iWvfe r major part of the at Avon Lake, o, f B »s#d >r fey C*«idrtch Chem- JooR H. Hoover, t **• - * f1.** a* *•»# towignv'n t.nl t* » pro* nr'ioa facilities are »i.»t* leing doubled and deVehy-n*. t law** -1 .* *tt Vtn-s; m< reaped, Tnis work is expected to be wnpirva o, 54*- *t*57 C«n tricuon also started in October on * n» * tai*, ? t• tni*a*r* spetUfty acryitc polymers During m-H t • 41-1* at Ky Calvert City , * » I '* w the office'building ♦*f th* *«:.9'**■.* CleveLuc whjww bt» 1 * year in - * tn^ tt n*w *h»»*-*tory ,»»r-1 wai** and txectuive offices. .«-(. »,» . UtJJ* e## *W' "Sales during the »"« i itf *1* # 1 *t4 cably flooring, ised a development of tines.—V. 184, :hese er^ater and jierccntac net p, a - C **tn of MftH r»■**».> *r#r» highlighted "r»<# i.«» r itat-n..K f<»und tt »- ,*,9 ,j*,lr * m«i>H*ing wire ti-nw*** • industry 1h* «,« **t m* .it** «,d « - #j,r eonstr tfac ututM Ktion. along 262,5 <' **»4 Grand Union Co. ' Period Hte. * 5> S * % —V. 184. p. UWt 223 *2.; 2836. iM# * 1 »v* * *f 4iW**k<*—J955 ' * ,42 t^i.7 fc41 $**7 $22fe 9,»7.b«J5 package Package Express, will tour# increases show Express Service produced revenues and delivery to and from airports. Restaurantswhich Grevhound operates it the nation's third largest restaurant 1956 figure is expected increase volum" A chain. in top to oi exess March. 1956. Greyhound business through in 40 Post Houses $19,500,000. $10,057,000. that amount by about $1,500,000. $J noo,ono package tours for 1956. In 1955, this produced le.cnues of $10,000,011. rental is for Grey¬ anticipated division of the company / entered the fast-frowing and profitable fer""»M"»i >f a 11 ew subsidiary, Grey¬ the basis Dec. 21 he hai •, to do establish to 'v':r stated. with an ./■-• Miquon, Pa.—Stock Offered—-The car announced its plans to initiate nationwide on Jan. 7, 1957. opened on that date service rental stations were to Buy in a Boston & Maine move amended Philadelphia 1, Pn*„ net p'-iw-'c nf this proceeds of the new $1,500,000 loa i purchase and install a new paoer the company to of of steam per hour, and erect a one story warehous ft approximately 60,000 square feet of floor space in whicJv all of the warehousing and shipping oi finished goods. A new well will be drilled on land owned by the company to provide additional water to supply the new machine. 60,000 pounds having will concentrated be estimates the instated costs ot the new machine ami equipment, the new boiler, the construction of the new -warmloading facilities, and the new well, will approximait $3,700,000, which includes a provision of 10'« for contingencies. Tli» company intends to add to working capital the excess of the proceed 1 of the offering and the loan over the costs of the expansion program. In the event the costs of the expansion program and working capital The company related house and requirements used The dailv it paper permit the comnanv to produce warehouse and loading facilities will new of that the new machine making capacity by 120.000 estimates company addition The amount of thi* borrowed, wLI further for company's cost. not as great as anticipated the full loaii mav. not be borrowed, 01* if capital improvements. are company insurance will increase th;>' pounds and the i paper at a . lower will increase tho storing and shipping finished goods. Nov. 20, 1936, the directors stated I heir present pay quarterly cash dividends, subject to the discx'etio:-* in the light of future financial conditions and earning* DIVIDENDS—On to intention of tne board of the company. 10, 1956, the company paid a cash dividend of 25c pef a 4% stock dividend paid in common stock. It is th * intention of the board to t>av a cash dividend of 25c per share on March 11. 1957, to holders of common stock of reco-d ..March 1, 1957. The annual cash dividends paid in 1955 ana th* first three quarters of 1956 were equivalent to an average quarter#/On share Dec. and present dividend of lO'/^c per present stock the to share on the 216,320 shares outstanding GIVING Unit— EFFECT TO PRESENT Authorized notes due April 1, 1969-— prom, notes due April 1, 1959 prom, notes due in 15 years. 4*->'2 prom, 4 '■>%' 5'n Common "The stock (par company prior offering. CAPITALIZATION designed - to weed Interstate Commerce its application to purchase rights to coin beting routes from Boston A' Main* Transport o<ion Co. Lust January an ICC examiner recommended the Commission turn down Greyhound's bid to take over $317,500 B & M s rights to through service between Boston, Mass., and Portland, Me, and several shorter Corp., approval, of portion a insurance an Trust Co., intend company 126-inch wire width (112-inch maximum trim width).' together with auxiliary eo.uipment. This new machine will be installed at the company's plant at Miquon, Pa., alongside the present No. 7 machine in a building erected in 1946 and originally designed t*> accommodate such an additional paper machine. In addition to (;h* new machine, the company will install a boiler designed to product* rental service. Amends Plan plus offering Banking & agent. PROCEEDS—The from * Inc., Philadelphia, Pa. Pennsylvania First subscription Cleveland, The first Grevhound in New York City, Chicago, Detroit, Miami and Cleveland. Expansion into all other major IJ. 3. cities will follow shortly. This new Greyhound service will offer its customers all-new 1957' cars at a standard nationwide rate of $8 a day and eight cents a mile. Greyhound U-Drive-It service will be unique in that no return charges to the customer will be made if he desires to return the car to a Greyhound Rent-A-Car station other than the one from which it was rented, and that Greyhound will be the only U-Drive-It company which wholly own its nationwide pas¬ car $15,000,000 was efficiency pilot onerpt'.on in of an extremely successful Ohio, Greyhound Rent-A-Car senger the Fry * had been signed last the Frye Corp., which Tex. has condition main raise it The in In acquired the physical assets of the R. expanding its service to all parts of the U, S. fleet-lease contracts to Greyhound's total. U-Drive-It company Worth. Fort by Stroud & Co. is A. Company, thereby and adding 50 more Inc. Rent-A-Car passenger Corp.—New Contract is offering to its common stockholders of record Jan. 25, 1957, the right to subscribe on or before Feb. 8„ 1957, for 108,160 additional shares of common stock (par $5) at $29 per share on the basis of one new sham for each two shares held. The offering is underwritten be Rent-A-Car, tne contract and conditional a Grumman in Hamilton Paper Co., its initial stages, the new company contenirated on fleet car-leasing, and by Oct. 24 had negotiated fleet car leases with more than 50.Business'- firms.. In mid-November, Geryhound On that the machine > Package House Post, Grevhound -December .Sales fftsiher— 1 *56 End. Dec. 2"— and Greyhound pick-up Commission Sales I Mr Wt «f * ind The »* * • -weii ." yes hy diversification'in the vhot* 0*- « ncreasing use in the b>.loir.*- *„& t including operations, service,! Genet says. hound's hound President.' is. A * *d fe facilities * fc-f I U-tif Evp*tnd4~ Goodrich €'<v^'Cbc*r operations durir* -It* previous year. Operating rev¬ reached $183,621,593, an in- reported sales of $17,915,000 in 1955. The 1956 total is In 1955, Greyhound charter bus service revenues were The Aircraft Engineering financing. The Frve concert a$sglpbly line fend start j)rodua"■ The Safari 'is aimed primarilv for 'snip to the numerous but little- * known airlines that operate in undeveloped areas. Mr. Frye said he ha-1 orders for 22 planes already. "■ , ', Mr. Frye contends that the Safari, which will have a top load i t 50 to 60 passengers, will be cheaper to operate than any airliner now flying or contemplated; The cost of the basic passenger version wi;t * be $395,000. He said he hopes ta have the first one off the production line in the middle of 1958.—V. 184, p. 2625. The tion, 1956 of For this past year (1956), it is estimated that sales reach a record of a'most $11,000,000. This service 14i original' the corporation has agreed provisionally to manufacture "promising replacement" for the DC-3. 14 must same of of this of the company has had a steadily expanding growth since its early inception as an accommodation to businessmen along Greyhound routes. Nn November, 1956. the service vqs p'--n -""-i c»>-""rehensive by the inauguration of coast-to-coast collect and COD service; and a month later a tie-in arrangement was made with the major air freight car¬ In $11,003,000 expansi.n An i ,'c-al Co. W the for the will rier-, for including products, by E. W. Grove, Sr. plans will also be aimed developed a established the increase in revenues over 1955. He esti¬ operating revenues of $243,000,000 for Greyhound |> Mr. Greyhound 1955, division additional 11 Tonic Jack Frye, former head of Trans-World Airlines, Inc., disclosed o:;\ Jan. contract for corporation for President, -this Genet, months over charter year, $9,459,120. car A* of phases Houses, thin The with nine $12,800,103 stales make Ktf'M t ft.- in Tlle ln'ocee^s are .to fee **,*' Yr* fM». will also • Gob Shops of America, Inc.* t*f«v Idcrcc. It. Securities and Exchhf^p C*-mmt>$K*rt—• ' » Tt'i* * ItW. <•»• ->»>*-$■ *i»* 4» # p $6,610 sharer are being.!»'>»»•* * ' moiory bv tee ♦.«, • ft »Vith I SEC All Post lor makes Chill between will direct; policies show $225,881,451 to first the of its for company's research Safari, •f period in 1955. Similar revenues lor the six months ended June 30 1"56, amounted to $107,883,670, an increase of $7,120,963 over the 1955 figure. In Georgia the fei-ve l« W com- * t»rd' M a sec-o?♦( the f rapid growth of industry 4 ft 1959, in McManus, *-i scheduled **'f. * 1b*< e»«»u* Power,,Comr Construction of *! J . on the | Brunswick. This addiUocnl *•*'»•* ^ - * * 1 - Federal ^-'f plant ' tor started lit*'*»*»• km <*.-*• tot -*r<«tthm of the the Cht'ta»i *« I'niHM.tNft. - t»rovwl*tl a Middh »-.•*«* #».n from be for S. 7.5% a firm will compared enues (lease James cold as at developing ne :r products, new uses for old products, and scientific information to T used in detailing.—V. 184, p. 2625. - ; • AF Arthur to the that mates , company will show; 1956 year well as also Grove Greyhound Corp,—Completes Record Year— According > orrhoidSi "Tasteless 2762. p. * -v '* . Ap¬ . * > Tablets, ! propeller'- governor test and operating characteristics of elective and hydraulic propeller gov¬ ernors ov simulating conditions encountered in actual flight.—V. 183. 7 F. Blair also outlined ad and sain medications, Bromo-Quinine and 4-W&7 other heavily-advertised products, ineluding the Fitch line of grooming aids, and Pazo Ointment for heia«4" Cold Manager Grove's for plans Federal Court reorganizetion Court should Air Force an - ? Francisco. Merchandising help , i ** ^ Committte*#rev Fred M. Empire State" Building Corp.; National Aviation Corp.; and awarded been has ■ Inc. of San ucts, Air Material Command announced 14/604/-5993,' i's for the manufacture of stands. These machines test the performance contract, The > Vice-President saicl corporate plans call jftyfe'-'on Citroid Compound, marketed na¬ tionally last Fall, and a greatly increased ad budget for NoDoz Awal:eners, acquired last month through Grove's purchase of Harrison Prod ¬ $1,334,119, '.officials' of Headquarters, recently. * * expenditures high-level continued "ex-oificJo." Greer, t Inc.—$300,000 on Research—• ' * on Jan, 27 said the company will spec! next year, about ten times the ametcfk the concern embarked on its expansion before ago years -{ Foss, Marketing K. Gene Awarded Air Force Test Stand Contract— fUturJ E$p*in»ioii—' Georgia Power Co. five * research on Grumman committee This . . • 4 program. business. Executive, the of 44. "'V';/ President, H. Grove, $300,000 to spent Oppenheim, Jr. as Chairman of the Execu¬ of Directors, was announced on Jan. 30 President, Greer members s » order an Grove Laboratories, James close Board the management Frc'erick Mr. 184, p. 273' Deficit.;—V. I 4^4*1 # fey -'Edward.-: M". The * 174, Laurent of Commhtee tive 8*7 3»8 187 2 81'- M5 -'/J y .4 expenses- ojier. of The election jK - stockholder^ to receive one stock for each 10 Gfeen consider 636. 1957 - Commission, it was announced on Jan. temporarily suspending the Regulation exemption from registration under the Securities Act of 1933 wfe'l respect to a public offering by this corporation, of 220.000 common shares at 10c per share. The ord*r "rovides an onnnrtunity for hearing, upon request, on the question whether the suspension order should c ft vacated or made permanent. "7. ■. ■. ' The Commission's order asserts that there is reasonable- cause fr* believe that the offering of Griff Mines Stock, if continued, "would auk as a fraud or deceit upon prospective purchasers in that material changes have occurred in .the affairs of the corporation which av> not reflected in its statement under Rule 219(b) or in its sales literature, to wit: the rights in mineral lands which constitute the principal asset of the corporation have become lost to the corporation."— v. 182, p. 9. ' y:■| issued has This | ***** | l!-»;Pi.-- Ill* UOPi- ill* : amount as their present to be held in Louisville Judge in charge of the the 1, plan.—V. tile approve Feb. t . and Exchange Securities The products in Greer Hydraulics, Inc.—-Laurent Oppenheim, Jr. pointed Chairman of Executive Committee— Georgia & Florida HI$.—- t^f ft in | gt-'f » Brooks, 011 ar > int > aiv* Nc / Nev.-~Stock Offering Temporarily Suspended— 24, The scheduled was Judge of $25,000,000."—-V. 185, p. estimated expenditure an the of equitable. hearing plan , ( ; • the " ^ ;; Period End. Nov. 30— . #«>•*♦#. A before in company's the in ' and fair ; , major l H4u i.;y 2 . 2117. p. 0 | * . in • Pm > $ 3"'i I '1 charges^—2 t/after V. income operating Net 4w p intti .. > announced. stations U-Drice-It Griff Mines, Inc., Wlnnemucca, f.Thn Comm^sfon's ireport -concludes «that the proposed plan is not a'slble because, the long-term debt of Green River after reorganization w ould be* exceasiVe, a lid-, t've new deb'-ntures-vvo"ld h« illusnrv to subse¬ quent purchasers since the interest is non-cumulative, they bear no Interest, for two yegfs and tnereafter only if earned, and because tb» inUrist- rate is too low, ; As to fairness, the Commission concludes that the treatment" proposed for the debenture holders is not fair because they won let not be compensated for the elimination of their t.ccrucd inte rest and the "new debentures to be issued under the plan would not be the equitable equivalent of their claim. The Commission's report further concludes that if the Trustee's plan is amended to (1) reduce the over-all debt, 12 > strengthen the provisions of the deben¬ ture*, to jnuice the interest cumulative, to provide for interest being paid or accrued from the date of their issuance and (3) give the debenture holders a substantial proportion of the Jessop stock proposed to 1m? given to the common stockholders, the plan would be feasible td'oecetling, ti the same principal ir. debentures new • ... U-Drive-It passenger civ? 1, with the addition of stations in Washington, Pa., Richard J. Fencl, President of Greyhour-. 1 has Inc., of - routes ir.li :; national its expanded Feb. on forward, volving _ I'liiiUugs anddor 'the Greeii River common bar® of Jeasop fctecL Company common 2,149.090 1 14. 4 » - 1955 - f J * «•! 5*4 m «ft& . ^ ■'revenues-..,i:i,__/-.;$'.,7,'«* 771 •erating, expensesi^T^_ 5-17 •crating. 4 . . -Earnings— ■' |3 J9j** '-9* $ . 5*J **1 •++**+ d M U'.y* Period End. Nov. 30— Wf'X'J# an '' competing fleet With l« • m * present time," Mr. Fencl stated, "Greyhound Rent-A-Ca<y leasing division has over 300 leases negotiated principal'/ companies In American industry. The estimated require • meats of these 300 leases and the vehicles to be operated in th ft U-Drive-It Division will exceed 10.000 pa«sen«rer cars and trucks, in¬ ; •' ." ' ' reojefcaiiization • proposed by Roy Burlew, Trustee, is .'offer by Jessop Steel Co. of. Washington, Pa., which h g-hly" specialized alloy steels. The plan provides for the River shares, I General Telephone Co.- 1 agrees! Washington and Pittsburgh to expand immediately all major cities in the United States, Mr. Fencl said. Greyhound nouneed the opening of U-Drive-It stations early in January in York City, Chicago, Detroit. Miami and Cleveland. of * ^ *** * bffered—Paine, Webl^/r, J»ik*f»n A Curtis n»»d Stone A |/ebster Securities C< rp. are offering 34,642 shares of nv 1.35 cumub pfd. stock at par <$23 |.x r s-harc) and acmed dividends, with a dealers* ewwersfrmr* of 75 cents. • lused 'ou steel Trailways ' ; and . Pittsburgh, Opening 'I tenjmry Department of the United States as holder of Green River's tlr^t ami second mortgage;, notes to receive a new first mortgage note itt the - ptihciiMil amount "of $8,556,128, for Jessop Steel Co. to lend Green liher $1.500.000,.. for the Green River debenture holders to . • I »4#.J|24 * H ^ J" 1 " ' • - semi-linished sells and manufactures Ky. plan inuiiciJfretuie.s 5,784,1153 •«» .*-18 : 124 16 4 f•{ after ehargdsiti&J:-' t-v. 185, p.. 484. t #* ;- li» l .2.* fu<M<i 107 377 . Jber operating taxes;.. t nl* C* * %* lAulCn 4 The - 1955 II - >4 134 f|o 1,0 Hf» a? *4* 4 ,4 "•4\e S $: 035 TJt revenues—-'c» C* 3* » .crating expenses—1_ *28.28* kieral incmie taxesi—" v.' "< ' service and C< strides V:^; • . •' Rent-A-Car, Kc^ruckj-f bwensporo Division, of an advisory report of the Commission p«rsiiant to sections -172 ..and, 173 .of chapter x of this corporallahkruptcy Act on a.proposed.plan-of reorganization for the National Owensbqro, i*ei atang . itself both give corporation rental D. $ Tlie-Recurdtlei and Exchange Commission on Jan. 28 announced iillitg with" th(* U.V'S. District Court for the Western District 341 and 145. See also* V. l&3v pp. 'j)0,000 shares. f; * .... ganizatiorf Plan Is N.ot Feasible— > charge will-be adced for nerruetj dividend*. Thcw.% the the shares remaining from initial! offering Jan. 9 twf r, t Tliis Corp.—SEC Holds Proposed Reor- Steel to Expands Car Rental Service— "At --$ 19,518,650 106,334,737 105,613,241 19,173,624 ' .- . River Green i$20 j>©r share!. " 5% cumulative '.preferred slock at par 2836: 184,• p. be Inc.'s 1956—11 Mos.—1955 $ .Rain .'.J—u—i -Pain'6,. Webber, 'Jackson & Curtis and Mitchum, Jones,]• Templeton on Jan. 23 offered publicly 210,121 shares y * Trail- and area Pgrtland. Sales Off—- 31--!.'. 1956—Month—1955 *' . ■■■. f». of fiWlifail—Stock General Telephone would Ltd.—Delisting Continues— Green. Co., Ipc.-—December Period Llul. Dec. V vj.,. ■ Sales Incrd. * of June 1, 184, p. 2836. (II. L.) -v: > Maftttfoetttrint Corj). loon fifth- i. IHo >. the «*•»! yen*. of* waioowt to lis# nme-memth M *:ar.»«>W E ertro*.'.-# 1J56, and T. 6. Bartrs I to . «* earnings and irn this drop from the operating rights it wants to acquire on B & M' ft routes the segment from Salisbury, Mass., to Portland, to cut the prtca to $225,000 and to sell the Salisbury-Portland routes to one or mor» bus lines affiliated with Trailways. The effect of this, Geryhound safe 1, 1 The Securities and Exchange Commission on Jan. 23, announced the issuance of two orders- under the Securities Exchange Act of 1934 summarily suspending trading in the capital -stocks of this totnpuhy and of' Kfoy Oils, Ltd., respectively, on the American Stock Exchange lor a period of 10 days from Jan. 24, 1957 to Feb. 2, 1957, Inclusive, anfl ;*Ht; ^declared, that such action is necessary and apr prppriate »lor |t»ti protection of investors and to prevent fraudulent, oei-eptht- or manipulative acts or practices.-—V. 185, p. 342. . ',-v the qu/ner *f for sales record In $6,561,724 — Great Sweet .Grass Oils , lit.41* 515 fe*r# up 30 from es of. $8,036,777 for t'he ro?,nt*r. fei* tt.rr* emttitk* of 1955.1 rnings l'or the -quarter %'trw *-.,a«.-.fe4j Oetrna I**#* i r» i tJ'tl,W5 alter kek, equal to 21 cents per <fe«r*. **m»Mif®n %*+h fe*f »t*-t*x earnings $526,690 and, after-tar: jro.it* «tt #qw*t to 19 tents per The ways 1956—Month—1955 1956—5 Mos —1955 $6,342,427 $20,298,547 $19,381,949 | Period End. Dec. 31—. «**»* to t4 rmu per almrr, $504,294 and after taxe- *1 -*2tl,uM, first nine-months m fSifc I official said the trans¬ future motor bus com - would impair the ability of National bus system to compete effectively with Greyhound. an amendment to Its application, Greyhound said it has petition In _ 4 Ifefei. j'tiings were *700,729 befoff# cat*:'* *«i» • cii 14*» «nU»r t-ate*. up Id equal to 24 cents per >t 4T»- *w»p»r**» *<*& * mm#* feHor* • „ up 15V *15 ?+.. *•** »*** ,tr»* f»u»r *»» a t* ended tim nine'months the sales of '$21,986,904 for tee vr p. Rales —V. •ijtvfiward industry-trend, b« c*|*w*#ife >or 184. of its equipment. The ICC would "tend to eliminate" some action, if approved, to of i» tl» v iuwo. and. nine m<f?fe,s rw quarter —V, plus routes, 31—1956—Month—1955 1956—12 Mos.—1955 $70,537,191 $67,026,905 $379,769,444 $350,118,104 2836.* ■■ *V V.. *■ '• • • Peril*! End. Dec. m io-TV- #fe*ri,R* m counter- to a $».*'-» * Co.—December Sales Up— Grant (W. T.) C#rp.~~Saku Ac. Earning* Up— ♦General Instrument ! «*■# 1 $5) has entered into an FINANCING Outstanding $1,550,000 252.000 § 600.000 shs. 1:324.480 sha. *$1,550,000 £450.000 1,500.000 agreement with an insurance 8 (C12) The Commercial and Financial under company, conditions May 7. note sory tThe three which, contained 1954, maturing notes maturing SOn Oct. banks loaned the evidenced company 1909. into r the to by ' > , Vz% of the ject to the usual and the condition to $2,500,000 conditions contained and terms that SNot including of outstanding BUSINESS the gaged in The such in and Text of manufacture issuance for and and sale lor of many lias Writing .and been, Printing en¬ papers. Reproduction papers sold are and eertaui under the muustrial registered specialties, Some ' Hamilton" trade-marks Michigan Uncoated trade division Bool; and Offset. as Book, Bond, specialties, is in engaged the manufacture sale and Writing papers. The papers are known in the Book, M. P. Litho, Tablet, Super and Antique Mimeo, Duplicator and certain industrial P. E. retail own City, Iowa.—V. 185, feed p, 145. company's Pennsylvania plant and principal offices are located along the Schuylkill River at Miquon, Montgomery County, Pa., ap¬ proximately 12 ntiies from the center of Philadelphia. Tin; plant buildings contain approximately 345,000 sq. ft. of lloor space. The company site. approximately owns . Parts of certain the company The contain land of acres structures including located are plant the land on leased plant and miles north approximately 550,000 sq. office it. ' located are of oi Kuiamazoo. lloor 1956-Month—1955 underwriters buildings company has agreed to issue and sell to the below and the underwriters hue severally agreed named purchase the stock indicated respective subscribed not for percentages of the shares the exerc ise of rights: by of -the Stroud & C'd,, & Co.. Inc...: 5.547 llulme, Applegate As Humphrey, Inc. Newburger As Co. Thayer,- Baker At Co Yarnall, Bicldle & Co. 4.622 Harrison 4.622 Kay, Richards At Co 6.934 licensing Howell Co., Inc., Working capital. $31,016,516 to agreement acquire and plant a contract site and from Robert Anthony ft. <v L, Co. & Co. lne,_. Butcher A Janncy, Dulles Sherrerd A: Ohio Chas. W. Bieren Co. 4.622 4.622 • Scranton & Co & Co building, and Kyilesby A: W. Clark The made was board Inc.— C. C. Colling-- and Co., Pancoast 185, . H. Inc._ 2.773 p. G 145. 2.773; fill to of the : a and New See stockholders also the at approved Annual Ended Nov. for previoulsy issuance the restricted the Meeting.—V. that of this Stcck 184, Option 2837. p. Co.—Earnings Increased— 1956 30— 1955 $61,518,797 $55,494,648 and expenses 49,727,496 45,262,068 $11,791,301 $10,232,580 Dr33,277 40,223 taxes income income ____ (net) Gross has existed aircraft for time some instrument Dividend company.—V. 184, preferred on applicable to Earnings per share —V. new financing. outstanding. The company has Indianapolis Water Co., and operates a city of 2.495,656 $7,777,147 2,695,000 on stock 1,757,344 1,431,200 $7,460,054 $6,345,947 $2.77 $2.35 — stock common shares common 1477, p. Kelsey- 182, Hayes Wheel Co.—Acquisition— 40% National Centrifugal The Interest in Casting Corp., Ted Walsh, President of Co.—Registers With SEC— offering is bn behalf of certain selling stockholders The _____ requirements Balance terms of the transaction the latter, said on Jan. 10. disclosed.—V. 184, p. 2837. not were Kennedy's, Inc.—Sales Up—Earnings Off- 1957. represent the income Jan. on 20. 2,540,626 $9,217,398 __r_ proposed a Feb. stock $11,758,024 $10,272,803 ; the on 31 filed a registration statement with the SEC offering of 250,000 shares of common stock on or The group wiii be headed by Glore, Forgan & Co. Raffensperger, Hughes & Co, covering about income deductions Income This company has purchased a Indianapolis Water which 1,064,537 shaies of incorporated in was works system serving an water Indianapolis, Ind.—V. 183, and does integrated not common sales Net income F'ederal Net 1881, ^owns of f.U Federal for income on $9,545,798 92,807 48,443 $45,475 increased slightly over sales 184, p. 822. year.—V. 94,987 47,332 ___i. November of last 1955 $9,654,267 taxes income on income ing month 1956 departments. be;ore taxes Sales including area 2184. p. Nine Months Ended Oct. 31— Net for $46,544 the correspond¬ Induction Motors Moyer the Keystone Custodian Funds, Inc.—Registers With SEC England Co.—Proposed Electric System Sales David Induction Uie that West the entire a fiscal company the should year Vice-President Angeles, of for period same exceed last $2,000,000, as This Products, Boston amendments ments, Calif., directors. He acquired was of lias has by PSP Engineering elected been directed Induction last of PSP of year.—V. 184, 669. p. company on Jan. 30 filed with the SEC 28, 1957 to the following registration state¬ additional securities as indicated: 500,000 shares of participation; participation—V. 184, and 1,000,000 shares series B-l 1914. p. (G. R.) Kinney Co., Inc.—December Sales Increased—? and member a operations 182, Jan. 8-2*certificates of certificates above.—V. investment on covering series Iuc. ago." year Executive board $900,000 919. Institutional Securities Corp. Period End. Dec. 31— Sales 1956— Month—1955 $6,647,000 _________________ —V, 184, 1956—12 Mos.—1955 $6,117,000 $52,203,000 $47,433,000 2837. p. Pratt, President, on Jan. lb reported that net $298,876, which represented an increase over 1955 when such figure was at $260,528. At 0,924 Grubbs & — •lor The • dividend $150,000, paid 0.924 0,924 lor the the Total 0.924 stockholders previous for dividend a 1956 rate in was of 3'/ the the , assets of amount same lor and is corporation President At corporation the at year-end Cornelius Bank, C. '• Dec. 29.'56 year additional Pennsylvania. or The department The twice has stores stores new than more company the taken in will Dec. 31.'55 total have total a in now of New York, the It 184, and plans company New area possession $54,847,140 were of to net open Jersey, 725,000 and square use. four department downtown Brooklyn, Fulton and Bridge Streets in the heart of is expected that this Spring this store will on Y, N. —V. wholly-owned story be in operation. 1353. p. (S. S.) Kresge Co.—December Sales Higher- annual period End. Dec. 31— The Bingham ton elected were " • ended Sept. 29, 1956 sales $1,558,876. In 1957 and 1958 the profits store trustee as the seven which $79,342,568. were Enoeci— $21,296,294 $15,108,468 feet, was paid to the 100 savings banks $47,844,000 ol' ten-year debentures. by the 129 savings banks of New irieetihg today, Messrs; Clifford G. Daven¬ Mechanics & Farmers Savings Bank of Albany, VanPatten, President of The tne of Wfcetis banks. savings State. of that as year. the 13 Sales For totaling $1,532,381 York Registers Exchange Offers With Securities and Exchange Commission— to corporation's agent The — paid represented for income net addition, tne corporation holds $252,100,000 of mortgages or 2325. Tnis Interest hold income at was (E. J.) Korvette, Inc.—Sales Up 41%— (N. Y.)—Earns. Higher—- Robert E. 1956 — p. with compared Manufacturing Co., Los 0.924 Corp.... 0.924 Co.....0.924 184, for Menkin, port, Ilolly Corp., New York trend for the first three quarters of the Wohlstetter said, "earnings for the year to date are of last year. Backlog is the highest in company ahead well against $1,700,000 •since Merger—- below.—V. the Earnings Mr. year, history—$1,800,000, p. Cleveland & : Reviewing fiscal 1.349 —1 Co.,. Incorporated Electric Board. Doeskin & Co Kiikland, 1 Co.—Change in Control— See 1.849 At Keta Gas & Oil Corp.—Earnings Show Gain— An improved earnings picture for this corporation in the fiscal year ending Feb. 28 has been forecast by Charles Wohlstetter, Chairman of In Haverhill told been revenues Operating Net which vacancy electronics The company 1.819 ...,— Co. Kuril Keir — ir-w— 2.773 Rambo, Clo;e & Kernel', Inc. Suplee, Yeatman, Mosley, 2.773 , A' Jenks, Dewar, Robertson —V. had plans thought it advisable that this stock be might be required for future growth of the it case employees Months Other 2790. p. 2.773 . Wood First 2.773 2.773 Co., Hess, Inc. Whiteside, Winslow, Inc. 2.773 Co M present for Ideal-Aerosmith, Inc., Hawthorne, Calif.—New Dir.— 1.849 Chaee, 4.622 - M. E. Brooke Co., ... Co H. Wright, 2,773 — Co Woodcock, 4.622 j._ Milwaukee The A* 4.622 Battles, Inc. The 12 i Harry Ft. Allen, General Manager of the Lai wood Co., a Los Angeles bom.e bubilding concern, Ms been appointed a director of. Ideai-Aeror.mith, Inc., C. Cortland Smith, President, announced. The appointment year, ............. 6.471 Day Ilaclie & Blair ,0 9.873 Bear, Stearns .V Co. Tucker, The key Operating certain a running % Drexel in stockholders no directors Kansas City Power & Light 1956—12 Mos.—1955 $4,696,818 $30,915,349 2836. p. acquire 'Plainwell, at The space. UNDERWRITERS—The common available for The had the until 2055. Micnigan division approximately 12 Mich., 60 related made shares. company stock, per ' •.•■ the company. corporation on Jan. 18 filed a letter of notification with the covering 300,000 shares of common stock to be offered at par share), without underwriting. The proceeds are to be used to ($1 and : 6,000,000 additional (Robert) Howell Corp., Reno, Nev.—Files With SEC— of Writing, to The The The to its has "Montgomery." The to and Story also mid- Stores Corp.—December Sales Off— End. Dec: 31— 184, SEC the exercise upon years by the 17 Operating options is, Indianola, It states. $4,432,660 --V. agreements of papers now manufactured bv the company at Miquon in the trade as Bond, Ledger, Mimeograph, Offset, Papeterie, Cover, these and stock company Atlantic Sales company sales 16,010 shares reserved The the types known are net restricted - - the as resold and its products through local feed dealers in Plan Period shall have received not less price of shares oi common stock; the insurance company agreed to purchase two 5'' promissory notes of the company each in the amount of $750,000, the first to be issued prior to June 1. 1953 and tne second prior to Dec. I, 1953, and due 15 years after the first day of the month during which the first note shall be purchased ithe "determination dale" i. than Onawa, Howard 1959. 1, the company entered into an agreement with the company under which (in consideration of a tee oi full $1,500,000 from time to time not, borrowed and sub¬ 1956, 31, Honegger-Hanley Mills, Inc., while in stores as amended, with oi the three banks on evidenced by. promissory each company Insurance same purchased from The company sfells western and middle promis¬ a agreement an which under $150,000 April on 1, entered has company 1954. to is company. agreements, April on Philadelphia May 7. such feed subject to the usual terms and the insurance company on amended, as in loaned $1,550,000 ChronicleMonday, February 4, 1957 directors. —V. 184, Savings —V. 184, p. 2837. 1729. p. 1956—Month—1955 1956-^12 Mos.—1955 $63,970,288 $63,619,260 $364,107,532 $352,347,784 Sales This corporation* filed a registration statement with" the SEC 6n 25, H957, .covering 406,638 shares of $0.50 convertible preferred stock, series A, $50 par, and 2,476-,116 snares of common stock, 60c par. International Business Machines Corp.—Makes Awards Jan. Holly proposes to offer all of the 406,638 shares of series A preferred and 763.011,8 shares of the common to trie holders of the 50-ceut convertible preferred stock and the common stock, $1 par, ol The Mount Vernon Co., Mount Vernon, Ohio, in exchange for the Mount Vernon preferred and common stick held by them, on the basis of one share of the Holly series A preferred for each of the 406,638 out¬ standing shares oi Mount Vernon preferred, end 2'/a shares ol A for each additional An certain The the 210,000 holders Van of ol Dorn 305,204.52 shares 85,000 Iron of Holly shares Works shares of Co., of Mount common Vernon be to are the outstanding Cleveland, Ohio, of common. offered to stock Jan. in on the Harris, IBM company's operations, la rgest Director amount pa id Suggestion IBM Plan of the in employees it the Period End. Dec. 31— — announced 185, on employees established was Plan, reported —V. (S. II.) in Sales 1928, Kroger Co.—December Sales Higher—• Sales Off— 1956—11 Mos.—-1955 Per. End. Dec. 29— Sales Holly's note indebtedness for of arising Tne of The , company, possib.e the The Pretuad remaining balance issuance stock common stockholders common stock ation 550,000 oi ferred to stock. mining, —V. 184. action the by Steel 184, 25 shares oil and increase an to 8,500.000 to with production, and 6-*,636' the in shares Period End. Dec. 29— See 1956—4 Weeks—1955 —V. 184, $334,755,447 $300,375,379 2837. p. ' : (G.) V V A Joa and the share on and heavy inventory working capital metals construction. aaove.—V. Ilomestake Mining See Sabre Pinon Corp. 134. Jul*. p. ' . 184, stock place was Houeggers' & Co., Dec. on 28 of (2) tion Offered—The offered writing. PROCEEDS—The net proceeds will used for general corporate purposes. CAPITALISATION GIVING be added to stock (no BUSLNESS—The 1946. and principal executive The company ing par>_ TO working PRESENT to do offices was incorporated business are capital and Outstanding in in 76,048 sns. Illinois Minnesota, Iowa maintained in is primarily in the business Fairbury, of animal July on and Ohio. 26. Its 111. and some of which raising of animals and poultry, houses, and prefabricated manufactured some of which are by w.??16 company haa Mills, Inc., of the a Mansfield, from working Ohio purchases from others, for the line of farm animal shelters, poultry buildings is marketed, some of which company purchased it A farm are in its other plant at Onawa manufacturers. arrangement (an of lake at to unrelated with Iowa and ' the TO PRESENT Fla, Curt of May on machines newly sell the 4, Inc. was and Joa the sanitary installed the above Joa of and G. and for under which a of an Lane Period Bryant Inc.—December Sales Higher— End. Dec. 31— sales purposes Joa, of —V. $i,0'i6,850 184, Inc. from received income Total and of See and in exp., Provision New England Tne machines division of its earnings Earnings John that the had per — Curt three sold over¬ were and the third and Lawrence, "the of deb. — 1955 $24,863,272 17,268,888 3,532,053 3,013,067 $6,409,108 _____ $31,785,196 21,844,035 disc. & ' 235,054 194,742 194,170 $5,010,541 200,961 196,243 3,502,000 2,543,000 $3,026,109 $2,271,298 $1.69 exp ____ President, company's approved at a in $1.27 annual an letter to the stockholders, stated all-time high figure and incoming He also reported that, at which was held Jan. 17, stockholders a an satisfactory rate." meeting increase in authorized Corp.—December Sales —V. Sales l: 56—Month—1955 $27,934,104 lc4, 2327. all 1957, per share. 2689. Increased— 1956—11 Mos.—1955 $26,736,838 $160,588,109 $152,229,846 2837. p. common stock from 3,000,000 Productions, Securities and corporation on to be proceeds are working Inc., Exchange Jan. used Columbia, common a (par to be With offered Green Tie, building, S. at C. $2 The equipment and for capital. Lincoln National Life Insurance The $1) Inc., Co., acquire special to C.—Files letter of notification with the SEG stcck Furman G. S. Commission— filed 14 covering 30,000 rhares of per share, through Aleeter $4,581,317 125,220 expenses._ taxes company's backlog is at continue p. one Subs.) 1956 general Stores Period End. Dec. 31— Th . share 184, corporation has called for redemption on Feb. 20, outstanding 6"c cumulative preferred stock at $51.42 rights will also expire on that date.—V. 182, p. company Insurance Co. Dominion of Co.—Acquisition— has bought a majority interest Waterloo, Ont.; Canada. Life's majority shareholders, who in the Dominion Life understood to com-' prise a small group, received a net of $1,975 per share, after deduction of fees and expenses. Lincoln National is also offering other share¬ holders Net below.—V. Conversion, Lerner ot built SG,'.29,070 income System processes: test Wholly-Owned operations amort, for Co.—Proposed Merger— Electric 624. frorn unconsolidated foreign subs. (less other deductions) inch $«7,451.7u2 *b5,88u,Ol9 Leonard Refineries, Inc.—To Redeem Stock— facilities. which Rico, p. income Int. 1956—12 Mos.—1955 $6,679,544 2837. p. Lawrence Electric the built Inc., by Florida _ administrative 1956—Month—1955 Sales 1,600,000 shs. working jointly, two 184, ______ Earnings 343. Glaeske, President, said the investors purchased 167,375 common stock at $6.15 per share from Paramount Securities, investment trust controlled by the Krucger family. Tne Eisen¬ beiss group said it would buy any oiner rvreugm snares availaDie at the same price.—V. 174, p, 1404. shares Inc., FINANCING machines talent Fuerco plant.—V. sales Selling, 185, M. Leslie of Continues— above—V. of investors headed by John Eisenbeiss of New York has controlling interest in this company for about $920;000. group Heinz Joa, Inc., the with its principal produced the Florida, machines, America Florida Florida of Joy Manufacturing; Co. (& Reports Increased Profits— Cost Ltd. G. prime Curt developed objectives, Co., napkin South in Oils mate¬ raw Outstanding 1953, The products Florida with the Grass Krueger Brewing Co.—Control Sold— purchased purposes. 2,350,000 shs. program Wqles, these and in out Colombia, seas. orders Honegger-Hanley company), replenish distributorships in machines Sweet were: pilot new demonstrate following Other and poultry feeds and feed ingredients with feed mills in ill., and Indianola-, Iowa, The company's feeds are marketed under the trademark "Honeggers' Big H." The company also sells various miscellaneous items of equipment and supplies, some of which manulactures of company operate manufacturing and sell¬ Fairbuiy, it EFFECT cents;________ part merchandise Joa, Net FINANCING 150,000 shs. _ company is qualified used corporate 3 Months Ended Dec. 31— EFFECT Authorized Common be establish Florida; ;3) to sell Joa sanitary napkin machines in foreign markets, principally in the Caribbean and South American Countries; and (4.1 test the advisability of doing the actual construc¬ publicly 12,000 shares of (no par) at $25 per share, without under¬ stock common to In (111.)—Stock 10 a business To modern Inc. GIVING to are to general incorporated in Florida newly activated G. company other (par BUSINESS—As Joa Co. 1582. p, and Authorized Common operated ' Co.—Partnership Plan— below.—V. Offered—Anderson basis. proceeds supplies, CAPITALIZATION (If Corp. net and pre¬ Holly's Holly Minerals Corp.—Exchange Offer, etc.— Holly best efforts a rials submitted expand asbestos cre¬ Wales, Fla.—Stock & Co., Inc., Palm Beach, Fla., on Jan. 16 offered 300,000 shares of common stock (par 20 cents) at $1 per- Florida to See Lake Cook 2014. p. Co., Oils Ltd.—Trading Ban Great 1956—52 Weeks—1955 $28,247,979 $25,543,515 Sales authorized plan and other Shares convertible the diversity bridge and reserved are tor cumulative accordance gas concrete shares e\ctiaiigc Works.- 50-cent in was stock 1956—52 Weeks—1955 $1,492,578,439 $1,219,474,812 2837, p. Kroy PROCEEDS—The ui approved new the of 184, 2.,37. p. Jewel Tea Co., Inc.—December Sales Higher— Scob,000. common Iron management and acquisition tor uaxe Dorn 3,500,000 shares of a The and Van Jan. on include to intuit- a of its Inc., 388,176 from stockholders activities at, from of 1956—4 Weeks—1955 $128,18(.852 $114,115,964 —V. version of the 406,638 series A preferred shaies. Of the 38.333 com¬ -shares io be issued as a finder's fee, 5.000 shares are to be issued to Siguia Properties, It— and 33,358 shares to Paul O. Buckley. Ten. .thousand shares are to be issued to Bruce King for the working interest in certain oil leases and 50 000 shares for application against 1956—12 Mos.—1955 $107,635,545 $107,896,337 p. 2837, $10,229,215 $10,507,572 $63,515,401 $62,628,220 v. mon 1956—Month—1955 $30,390,003 $30,974,691 —V. 184, 343. p. Kress & Co.—December Sales Lower— Period End. Dec. 31— their for company's 1956—Month—-1955 Sales 1956 was Interstate Department Stores, Inc.—Dec. basis. Holly also will offer 38,333 shares of its common stock to certain finders, and 60,000 shares to cei tain vendors of property.. 1,016,5 )5 shares of CJiiiinon stock are being leserved by Holly against the con¬ the the was since awarded was improve This Walter A. six-for-one a 21, to any year of common $639,349 suggtstion.x Ilolly common record $1,975 per share for Walter the two ion their holdings. O. Menge, President, said: "There is no thought of merging companies. We believe that it is to the best interest of Domin¬ Life interest are that owned Dominion American force.—V. it States, 182. continue by Life, p. as a Canadian Canadian in has than company with a substantial citizens." operating 315. more Canada, Alaska, $700,000,000 Jamaica worth of and several insurance in Number 5609 Volume 185 115 Madison Ry.—Earnings- Litchfield & West of 1956—11 Mos.—1955 1956—Month—1955 End. Nov. 30— Period The Commercial and Financial Chronicle ... 126 (613) 18th Street, women's Railway oper. revenue- $311,795 $314,650 $3,519,152 oper. expenses- 162,342 156,017 1,762,090 1,683,105 Melville Net Net from ry. oper. rev. railway —V. $149,453 43,961 inc. oper. The $158,633 50,012 -■ the $1,757,062 540,706 $1,537,547 506,592 Inc., nounced .Litton R. Staats & 16. was the assets of Chromatic Television Laboratories, Jan. 'He be of quantity production of by early underway unit Chromatic The will Industries.- Litton said the by by this corporation, sets will in no way arrangement.—V. 184, & announced was in & Jan. on 18. systems, manufactured bonds each of C, the at Sweden, ALWAC Calif. Beach, Computing year's end, above the 2626. p. Logistics reports level. 1955 months . of the in 400% of increase an Delivery of from order The'ALWAC date. of Net 1956 sales Net profit is The the of sinking England Electric below.—V. System 184,- of Madison S«uare Garden Corp.—Earnings Jan. on income ending Nov. 30. with fiscal of and profit year.—V. Domestic- road of of its current $129,742 184, the the for May . fiscal year. first quarter "General $409,000 quarter In cipal the be was loss a of Dec. to 26. show road compared as $407,000 distribution, the $425,000, were an Skouras, on domestic connection with compared as quarter." Excess Of income over ex¬ $403,000, whereas in the previous $2,000, Oct. Mr foreign film Skouras 1956, 31, $3,820,000 was distribution Cinemascope in 1, 1957, from has receive begun in ended or has $2,500,000 advances in distribution "Negotiations office in advance an in connection income over $2,370,000, of with Skouras de¬ by those is Twentieth Century-Fox where areas not show road contemplated. The com¬ been completed believed Pacific," moticn In in Pictures, Twentieth Century-Fox by for have history. urder be in the realized Corp. - to box- greatest Pacific South March will be Inc. Pacific' Hollywood of 1957. show 1957 with arrangement Rodgers location on Company in filmed in the Twentieth Pacific to expects Todd-AO the on be towards A: in to release of end lot spring the 1957. It for road "Thiity-eight domestic theatres now have, or have contracted to install, the equipment necessary to show pictures in Todd-AO. The company anticipates that at least 50 theatres will be so equipped be "South possible major Pacific' to cities 'South the $2,000,000 hopes to of in States will Magna's its on Oct. 29, therefore or more of the version of in Todd-AO who attended picture G. A. 1556, Magna 184, is prepared to repay indebtedness next March and before the next to 100,% Feb. 15, bonds and The of Stores the the preferred of the with Co. them on for stock preferred a to has Co. " buy at by Feb. the basis $53 25. of per The 1.49 the any shares shares called of company headed bankers share shares on stock, common investment outstanding 4V2% Feb. 28. To induce of are has the 1967 be Net parent Stores which through bonds, and remainder its and has each agreed & Inc. to & » . principal C. Legg . Laurence as E. A. Masten Merrill & Merrill, / Republic (Inc.) Doolittle & Drexel & 184, common each share of preferred Bank, 43 Exchange p. End. Dec. 31— Turben Fahey, First Fulton & • Hallgarten Leonard & Lynch of Harriman Ripley Webber, Shepard & Co., Gardner 800.000 125,000 Salomon Bros. Schwabacher 400,000 Semple, Co., I. Simon M. & Hutzler & & Deane Singer, & Co.— Co Barney & Co Smith, Moore William 400,000 Stein Weeks D. Stern, 400.000 125,000 Stix & 185.. p. The from corporation former Jan. 21 moved headquarters at 1107 011 1956—11 Mos.—1955 $4,625,682 $31,654,922 its executive Broadway to and its $27,640,945 general new offices building at * . 2837.. p. G. Dean p. railway oper. inc.— The company .on of board share. this from year. also & 100,000 Meyer 100.000 & H. & Co.— 100.000 Trask Corp.— 100,000 Co.— 300,000 & Walker & Co 400.000 Witter & Co 400,000 Dividend record Sales Higher— 804,002 785,443 filed a letter of notification -with the SEO 1956—Month—1955 1956—11 Mos.—1955 $ 134, p. $ $ % 150,615,054 Sales 146,171,305 1,086,012,226 999,662,823 2838. Mooney Aircraft, Inc., Kerrville, Tex.—Files With SEC corporation covering. on 60,000 sharet, Jan. 15 filed a letter of notification with shares of common stock to be offered at without Morningstar, underwriting. The proceeds are to be the par used Nicol, Inc., New York—Registers With filed a registration statement with the SEC on Jan. 29, 1957, covering 100,000 shares of its $i par common stock. Of this stock, 77,858 shares are to be offered for public sale by corporation This issuing company and 22,142 (representing presently outstanding by certain selling stockholders. Lee Higginson Corp. is named principal underwriter; and the public offering price and underwriting terms are to be supplied by amendment. the stock) the as The company starches, raw 19,754,775 19.G43.899 113,117,004 109,704,666 subsidiaries its and starches converted . manufacture including and dextrines, distribute (1) water soluble related products and (2) liquid industrial adhesives. Of the proceeds of its sale of the 77,858 shares, $100,000 is to be used for the construction of a by-product recovery plant in Houlton, Me.; $200 000 for the construction of a large adhesive plant in California and gums replace presently installation of for leased facilities; $250,COO for the construction polyvinyl acetate plant in Hawthorne, N. J.; a improvements to its St. Louis plant; $70,000 for addi¬ the building and equipment in Chicago; and the balance for to tions 1956—12 Mos.—1955 $ here meeting of earnings to for Feb: had a action additional working capital. The today, $530,000. net the or Jan. company on $1.20 common a loss of $174,894. raise their regular quarterly beginning with the first quarter the first quarter is payable March 20 to 28, 1957.—V. 184, p. 1914, 20 The company has outstanding 322,142 shares of common stock. 14 selling stockholders. Of these, Joseph Morn¬ Treasurer, who owns 45,405 shares, stock, proposes to sell 3,173 shares; of the Morningstar family propose to sell 2,894 now lists prospectus two other to 2337. members each; George J. Muller, President, 2,312 shares; and Murray Stampel. Executive Vice-President, 2,296 shares. The only other sale exceeding 2,000 shares is to be made by Flora M. Funkhouser, in the amount of 2,265 shares. The other blocks being sold range from 463 shares to 1,685 shares—V. 180, p. 2190. cents 1956—Month—1955 $11,881,506 p. 68,775 . $100,000 $12,033,036 Files SEC 1956—11 Mos.—1955 $58,473,945 Morrison Cafeterias Consolidated, Inc., Mobile, The McLellan Stores Co.—December Sales Off— 184, $2,006,952 Montgomery Ward & Co., Inc.—December Sales Higher . 125,000 $ took cents Period End. Dec. 31— —V. $2,012,394 working capital. s directors' 15 of *1,961,885 $208,163 ingstar, Board Chairman and or 14 09% of the outstanding year-end company $3,968,837 2,140,911 Mobile, Ala.—Files With SEC— Jan.;T5 for 200,000 American 1956—Month—1955 Last year the company dividend $4,153,305 ... 1,250 shares of common stock to be offered at paT <-$10 per sharei, wlvhout underwriting. Tnc proceeds are to be used for working capital. ^ i shares a 164,579 79,282 -Mobile Credit Co., 100,000 2837. announced 11956—11 Mos.—1955 $372,742 184, p. 2671. 400,000 (F. H.) McGraw & Co.—Reports Profit—Div. Increased At SO 1956—Month-f-1955 205,660 per 200.000 December Sales Corp. —- 184, < ■ $407,712: and —V. ' ' V. 1956—5 Mos.—1955 $6,027,038 $19,103,781 $18,344,679 . '. . expenses.; to Sales $6,095,042 - J ' ($5 486. McCrory Stores 1956—Month—1955 Z 300.000 700,000 Co Co.— Spencer 700,000 Co & Swiss 800.000 Co Freres $1.01 100.000 700,000 Peabody & Co._ Loeb - Boyce__„ & Nicolaus & 100,000 Lazard 1,158,840 > $1.18 revenue- The Co. Frank, Stifel, Miller, Inc Kidder. & Staats Fox Co. & & 2186. p. SEO 200,000 Brothers & Co Co—_ & R. Bros. Stern 100.000 Jones Mellen Scribner & Inc. Hutton 842,571 $777,758 Securities and Exchange Commission— Smith, E. 990,778 $914,564 772,560 oper. 125,000 250,000 Edward ! > period 100,000 & 100.000 Humphrey, * 100,000 Co Jacobs 400.000 Co Applegate r_ oper. 250,000 Co., Inc : L. F. Rothschild & Co.— Henry Herrman <fc Co.— Hulme, 1955 $14,672,385 $16,047,609 1,905,342 ? 1,620,329 Railway 200,000 Co & Robinson-Humphrey < Hemphill, Noves & Co.— & ,<.1956 - pald__i_— share__ per r —V. The 200,000 Hornblower Inc.—Earnings at Higher iHate— \> profit for. the 125,000 / Co.— & 24,722,960 income___- on Period End. Dec. 31— 300,000 Reinholdt & 700,000 Miller Hayden. 25.012,423 (estimated)—: 300,000 700,000 & 2,177,465 Period End. Nov. 30— Jackson & Curtis— 100.000 , 2,162,616 -vi._ —V. Reynolds . 26,904,183 V income 184, Net 700.000 -— .27,559,543 Railway * 200,000 Co.— Inc Inc. 2,344,868 800,000 & Prescott, Co., 11,981,846 2,488,019; 25,422,517 Minneapolis, Northfield & Southern Ry.—Earnings— 200,000 Cook 125,000 & Co 14,880,330 dividend . . Louisa- Co._ Glore. Forgan & Co 25.165,004 1,051,414 earnings ,183, repre¬ Newhard. Paine, Corp. ' , covering Piper, Jaffray & Hopwood Boston Reid $ 2,186,369 , — on the 125,000 100,000 Co $ 1,260,958 charges Sales whom Morgan Stanley <fc Co.— Union & 2,143,352 Period End. Dec; 31—, - i <; 700,000 Clark income taxes 1956—11 Mos, Mos.—1955 $ 15,345,542 ^__ Co., 100.000 Dillon, -1955 19.889,888 22.9,244,606 208,695,844 ' 14,307,237 161,639,729 144,387,298 Miller-Wohl Co., Inc.—December Sales Up— 700,000 & Co.__ Securities & Co of 1730. 1956—Month—1955 $5,395,400 1956—Month 21,237,871 revenues - 100,000 Co. & Co stockholders Period 22,545,495 (September, October and November, 1956) was 67 cents a share, a substantial increase over earnings for' the" first and second quarters, which were 18 cents and 33 cents, respectively.— Mangel Stores Corp.—December Sales Up— Sales 22,349,807 Net 100,000 Beane Metropolitan St. Moore. Co Eastman The Chase 24,559,315 2,413,972 charges Net rev. from ry. oper. u-j, $202,052' iInc.„_ 250,000 House 146,294,187 130,080,061 2,506,559 Cash ' 100,000 - Curtiss, -Earnings— 10,930,432 Net & 300,000 Co.—.-_*•£ & Co. 200,000 Co. <fc . Lynch," Pierce, Fenner .r - indus¬ of 25,071,524 sales 300.000 •* fields 2,615,189 Taxes $200,000 = Marks various 2,756,371 income Earnings before taxes be 100,000 Central —V. 10 prin¬ amount Co.—. M. Shipbuilding company, primarily devoted to be 23,236,148 Midwest Piping Co., under of for Co & McDonald Co. & the the will Merrltt's Nine Months Ended Nov. 30— ' 100.000 Inc. W. ■ . each acting are In 15,044,826 ,--13,911,228 2,502,112 ; 2,447,664 taxes__ 184, p. 2443. —V. Brothers John 400,000 i Sons Slocumb will Issued thereof. sell in proceeds stores to $25,000,000 to Scott 13,619,372 after Net 6.095 shs. underwriters, purchase to 2,550,000 Co., the & operating —V. below: name j Brown Net Outstanding be * Ship. Merritt-Chapman 1956—Month—1955 1956—10 Mos.—1955 21,579,893 20,005,846 208,006,735 188,805,956 income bo FINANCING may provision agreed of Lehman and Co._$2,550,000 Sullivan the with company series " particular 147. p. operating $25,000,000 limited are York Telephone Net stores. stores , leave New taxes__ V. other of Inc.—700,000 Co.. stores, 12,500 shs. offered bonds Co. Brothers Burnham & to Manhattan common 185, operating narent branch • the reserve any 23,021,652 after . Inc. Co., stock. Payment will be made at The Place, New York 15, N. Y.—V. would operations Other the will branch $25,000,000 value ) par severally & PRESENT Authorized -• 5% sinking 1977 15, below, & & TO will sold at 1,031,765 Earnings EFFECT sale,, but to Jfre 1,276,584 Federal ' 30. department the of 1976. . operates shares said, the of Operating expenses with 15, the to the bids. $ projects is estimated at approximately compliance upon Sachs & Alex. agreement into income Operating in 1958 Corp. leased of con¬ or Feb. Realty are date of except 14, V public sale. operating taxes__ Net pur¬ redeemable than time of appreciated-investment spokesman Steel.—V. Other conversions an convertible for convertible by Morgan Stanley convertible tendered Its expansion Federal ; ■ GIVING Period End. Dec. 31— the all redemption into of group called in Period End. Oct. 31— the and damage will otherwise May stores these of Feb. opposite Bosworth, stockholders' (P. R.) Mallory & Co., Inc.—To Redeem Preferred Stk. conlpany Interest Period End. Nov. 30— through for the effective of New York Ship's 1,280<004 out¬ registration statement, Merritt'in¬ the market price prevailing on-the the or shares Michigan Bell $ The bid any 211,254 of construction or offer upon activity. Operations of Merritt-Chapman & Scott are conducted through three departments—chemical, paint and Metallurgical; constructlon, and shipbuilding and two divisions, Highway Trailer and store corporate during, the period ending Feb. annually to 100% on and after named Becker Blyth 1914. p. to Tire Ball, Burge & Kraus_ 125,000 Bear, Stearns & Co.400,000 Kuhn. stockholders and prior realized at Additional has set Joseph, disclosed. $4,000,000 1957.—V. will fifty Cinemascope a shows debenture the remaining it in Canada. distribute holders 36,000,000 October, and road that and simultaneously Skouras Mr. debenture meeting release for Pacific' United when to repay meeting the completed," reported annual ready CenturyFox Pacific' been As is 'South open In "Twentieth have general Hlrsch & Century-Fox beginning able the of M-C&S further parent. property. (without Sachs Inc be will and The exhibition when An * use of Louis, indebtedness the C. Allyn & Co., Inc._ 250.000 Baker,. Watts & Co._:i_ -100,000 The Theatre Magna to many picture io • by " 'South to A. in expenses Mr. domestic film rentals other than Todd-AO. processes Todd-AO Hanimerstein from against have "South potential produced St. acquisition monies fund '• due indenture Brush, said.' included of OKLAHOMA! of just Toda-AO as produce the leased series bonds above 1977 Lehman • will for existing non-callable cost Dempsey-Tegeler «fe "Domestic pany of downtown mortgage amount. -bonds Income from distribu¬ Expenses Excess therefore, was, gross which rentals. $1,450,000. period P. stockholders $833,000," in established George from In OKLAHOMA! clared. in in interest trial sale purchase: 97% According to the registration statement, .Merritt has informed New Ship that the offering Is prompted. by a decision to realize a 1961 department of Co." available and business main series, Goldman, therefore ended -were month exhibition the the 80.5% an Its York of be with - sentatives, process, 31, and advertising,", preceding months against nine totaled and was, distribution the the OKLAHOMA! $2,000,000 'the to UNDERWRITERS—The the Income Rec¬ picture Oct. Income Expenses period nine of picture the holders debenture prints in the there the tion time "Famous-Barr be to Department .^Common stock This - of > of ended Incidental quarter. of cost in the ownership of properties ore underwriters -curved-screen quarter and the of distribution the reported to previous penses from following at the ^number reject expenses of ; 625. p. wide-angle, in rentals distribution with show Todd-AO record including proceeds 105% at $39,750,000. net profit (after provision the three-month period a Magna Theatre Corp.—"Oklahoma" Sets in with ,, bonds presently owns a portion in Akrcn, Ohio, will the at .'V- Up— ord—To Film "South Pacific"— "Film the years to of to proposes ' through 1977.- - Goldman, President, net parent payment to located. -The-total for $160,371 the first quarter net a announced 16 taxes) 1956, compares preceding the 19C9 currently has under-construction four additional a shopping center In which one of the four new *The corporation Federal and Sale of 1,241,758 shares Stock.Exchange at to determine time, Operating sinking the to fund Income the branch reductions whirh May 2327. p. York 211,254 right the property . - In which value $2,100,000 BUSINESS—The 2,640,000 V $1.80 Electric Light dorp.—Proposed Merger— Lowell offer revenues CAPITALIZATION This New to 211,254 shares statement. currently holds Operating mortgaged fund successive „ ' of Camden, N. 71., were "outlined in by New-York Ship on Jan. 24 with the ' four to sell to offering will depend department store property In Akron, the Clayton the are the The 1955 — for tends wholly-owned subsidiary of The May company. , 1956—11 Mos —1955 Corp., filed standing shares. Accprdlng to the on corporation's subordinated the bal¬ circumstances through 1582. p. New of its book branches properties demnation 4,759,086 See be to the years a store corporation bonds certain cur¬ $74,489,168 , (lie on statement of registration May Department Stores Co. will lease these four properties the. corporation for an aggregate of $2,922,000 annually under 30 net leases..'. ■ year ______,$88,650,577 after 184, lien a parent-are corporation Shipbuilding The taxes——————?— 10,151,363 Shares outstanding " ————2,640,000 Earnings per share— r_____c_ ' ' $3.84 —V. ty the each of from net Valley Including from Steel Co.—Sales & Earnings Rise— Year Ended Dec. 31— .. date portion $17,350,000 approximately ■■ Star The . Milton their at additional ALWAC ALWAC III-E is a $43,000 . Lone j| associates sinking fund requirement of 2%. of through .1.960, 5% in each of the in the"0'Neil's" limited < and this covering the shares Merritt on Offered—Goldman; Brothers corporation, purchase Fernando poses general purpose electronic digital computing system, available with 8,192 "word" magnetic drum storage, and punched card, high-speed punched paper tape, and magnetic tape input-output and storage.—V. 184, six SEC by York New SEC the "May Co." In Los Angeles. The balance remaining from such net proceeds will be added to the general Redondo Center, to department Southtown funds 1956—Month—1955 $24,324,000 $22,462,000 $138,791,000 $129,777 000 46. p. registration a . At sales rently In Co. The — San Industries. Litton and secured a 6% and and National Security Agency, South¬ Stockholm, B., ALWACs two are A. of ance , Autronic, to properties Corp.'s Research 1968 "O'Ncil's" bonds Computing Service, Adalia Limited, Canada, Champlin Refining western There D. Washington, at Propulsion Board. North American Aviation, Inc., Company, with 1958 years approximately Another ALWAC was computing center, Santa ' L • v Other ALWAC computers have been installed by the U. S. Navy Aerodynamics Laboratory, Institute of Gas Technology, The U. S. .Weather Bureau, Reliance Electric & Engineering Company, U. S. Navy Aeronautical Structures Lab., Canadian Armament Defence Research at be will have the PROCEEDS the- „ Calif. to are CONTROL—The corporation is ' ■ Army Personnel Research delivered to the U. S. Division Procedures installed Monica, amendment an and Lehman Department Stores • in ANWAC III-E was An Trust, Boston, Mass.—Regis¬ Commission— • 1 Realty .Corp.—Bonds Co. bonds The 2784. p. * ; processing data 1G5, Merritt-Chapman & Scott Corp.—To Sell Part of New Shipbuilding Stock Holdings— registration statement covering an additional shares of beneficial interest in the trust.—V. 184, p. 2784. properties and the leases indenture of mortgage. delivered in December, increasing the total to the United States, Canada and Europe, it were installations End. Dec. 31— _____ —V. 31 offered $25^000,000 of general mortgage bonds 5% sinking fund series, due Feb. 15, 1977, at 99.50% and accrued interest. This offering was • oversubscribed; The of the Lawrence tube and field electronic ALWAC more Period its Stores through ALWAC Mercantile Stores Co. Inc.—December Sales Increased to Jan. Logistics Research Inc., Redondo Beach, Calif.—Installs Two leased Plans filed company to 1957 Sachs Display Laboratories Litton will concentrate on Two More Digital Computers— 17 will at occupied being shipping and investment 24, May Electronic Thornton uses television home the Lawrence tube for home the summer. be called Mr. military ?-nd industrial enter is 2337. p. Merritt operation of -a laboratory in Passaic, N. J., which home television set application of the Lawrence tube. on indicated will amount Securities and Exchange 8,868,132.796 Inc., a Para¬ 184, York This ' retain working warehousing Massachusetts Investors Barney Ralaban, Paramount President, said Paramount retains a licensing agreement with Litton and will receive a rovalty on products which use patents already developed at Chromatic Television Labora¬ tories under Paramount supervision. Mr. Balaban also said that Para¬ is the space subsidiary, in Emeryville, Calif. Pictures Corp. will building Mangel's new 1956—5 Weeks—1955 1956—52 Weeks—1955 $17,914,008 $15,483,338 $115,975,488 $106 805 943 sales Sales ters -With rada" . mount the double substantial —V. 2837. p. ings and help military airmen identify targets and terrain, Charies B. Thornton, Litton President, said. • • Mr. Thornton made the remarks when announcing that Utton has mount In space, sub¬ of and ago, requirements an¬ to develop "further the Lawrence color can guide pilots into safer land-* hopes Inc., that -color so it Co., - acquired floor addition, In present • Industries, television tube William by negotiated was Jan. on feet of premises. meet to activities will be moved to the new premises about March 1. Until then, these activities will continue in their present location at 16 West 25th Street, New York, N. Y.—V. 184, purchase by this company of the West Coast laboratory and the a licensing agreement from Chromatic Television Labora¬ The expanding corporation. former The acquisition of tories, refurbished tenants. Industries—Acquisition— Litton rapidly its 185, p. 45. modernized and 150,000 square use Retail building was purchased by Mangel some time new sequently Shoe Corp.—December Sales Up— Period End. Dec. 31-r- , . $3,220,652 Railway The company operates a chain stores in eastern and southern New York, N. Y. children's apparel and United States. 9 $58,033,053 With Securities corporation covering on Jan. and 14 Exchange filed a letter 10.000 shares of common stock of notification with the to be offered to $13 per share. used for work¬ (par $5) through Employees' Stock Purchase Plan at There will be no underwriting. The proceeds are to be employees ing capital.—V. .183, p. 210. Ala.—* Commission— 10 (614) National Research Corp.—Unit Co.—Proposed Exchange Offer— Mount Vernon 184, p. 1583. Holly Corp. above.—V. See \ : Telegraph Co.—Deben¬ Mountain States Telephone & underwriting group headed by The on Jan. 30 placed on the market a issue of $35,000,000, 31-year 4%% debentures due Offered—An tures Corp. Boston First new 1, 1988. They are priced at 101.277% and accrued yield approximately 4.30% to maturity. The Feb. interest to issue 100.4599. » The r were-made as follows; Morgan 100.137. 100.302 and Halsey, Stuart & Co. Inc.. Co., debentures new varying reduced when the redemption price becomes 100 prices at until 106.777',< retteemabie initially at are and -thereafter 1950, 31, ucts, until Feb. Jan. ; years and ten months ended Oct. 31, total of $379,600,000 for this purpose, - to . Shirt Shops of Delaware,. National sales $5,414,805 —V. 134, National $173,123,493 and net and Oct. income S18,58U,5bi 134, The First C. A. Securities Noyes Curtis Robert The & Co. Hayden. Central Republic Bros. 800.000 Weeks & Son 750.000 Byrd 750,000 Likiiis, & 185, 750.000 Co.— Kormendi Pacific 750.000 Co.— & Rodman A A 100.000 Co Vvtos.er qr 1956—Moiuh—1955 Period End. Dec. 31— S36.513.57j 184;p. 2833. ' and income Net sale on Month—1955 $18,901,393 21.061.199 16.341,602 .— miscellaneous.. and 2 >1.072 — operations from division frame 132.697 813.000 taxes 1,1*69,000 taxes $777,206 1.589.884 1„ 870.453 common tEqual to $1.10 snare. ' per common (.> 32,619:753 National is Automotive Coleman L. President Okla., and ciated with and has 2,173,453 charges-.... 487. 185. elected director a the of Zapata industry for oil director a of the First of this National 2,368420 25,393,303 Petroleum He ha.? many 184. p. of Corp. years.-—V. Central Period End. Dec. 31— Sales —V. 1956— Month—1955 from rev. 19od19o6—Aio.un S4.358.788 ________ 184, 2226. p. 1956—11 Mos.- tjoa *955 the Effective be Feb. 425 The .company ?l-story. Park •Total 700 has leased company's New York lower floors, six building Y., two is v. 132.35*5.792 50,956.032 164, a to income net income'for net in $1,520,780 with 1956 on the the 3ide east ox The 150.000 square i'eer medical facilities for the general offfice employees, and sepaiate elevators serve the Nabisco floors. Nabisco SO years. tn 1893, has had its headquarters bakery in 1905. In building on 14th Street. The and & on 14th conducted 15th and operations plant at at construction a was 1930 has contracted company baking new York's Initially located in Chicago when the general office York located New on Fair new 16th there Law n. to to the December mon:h same $39,104,239. the year, in N. J. and company,was formed the company's New moved its office and "between to the s the upon research Fair bakery 9th and development to over in were discontinued Nabisco adjacent for buildings, year a with compared the Central, noted. 2672. ]'■* ' has company certificates The at proceeds from finance about 30'( St. Louis bids invited (EST lioon which will is the $0,420,000 of equipment certificates locomotive of dieselrelectric cost will be This 1957, filed a covering offered under used registration 100.000 shares statement with dated the March 15. 1957, 13, ,1957 Jo; March NOVEMBER AND met* .14.332.311 ' 160.215.452 .48.783.26 1 1.D3S.505 20.067,541 inc. oper. SEC on of its $1 par common stock, company's restricted common stock ontion df the company and its subsidiaries.—V." 134, 116. Remain as Haven We, have FEC to V. covering be per offered share. 20.000 Jam. shares pursuant The 16 proceeds 670. to filed of an are a class letter B to be used of common employees' stock for notification stock (par purchase working 43 0 4514(0 20.190.092 Hartford & RR. Alpert.to — beset been said: t'- ' / . .*; a with the' 50* centit plan at camtal —V and. The Hoston & Maine railroads. ; merger of the a chance that McGinms railroad. McGinnis There Mr. and has been the Boston the There any the & foreseeable no is the slightest with the New- not resume, his. relationship no connection ,whatsoever of, the discussion Maine. There fjuture.—V. of board of is 185,* even a the New between possibility of not p. Mr. Haven. & likely to be such 437. * a . the the registration .statement with the SEC Jan. 2L shares of its $1 par common stock. These a wise and such . Exchange, at Newberry Co Period End. Dec. 31— prices Corp. related those to above.—V. —V, 22 184. p. Z333P 134. varie Morgan d A. on a C67 Til corpora t« & 1956—Month—1955 *5' on in Act 36,206,673 34.345.46 5 '203.434.124 of it a*mo,,ncd w>s Jt on exemption from re an vfth respect to the propos by this corporation of 150.000 shares of its common 1933 question ^whether fihd Regulation order, the mat sellers of suopen.rion ' should fact omits ai:d (b> properties, to it offeii-ug omit set Dec. that asserts and 'to tai oh notificat'on noti:lcacion material circular the A Commission tne of opportunity for hearing, an be up Vftcat / ; its t stc| The order provides uorth/tre 1956. has reasonaf circilar ..tate to 26. cpnta material amount fac be to p: forth set inclvicli-g thereunder, the and contract rights-' what ill prior, to Dec". 31, 1960, <2) Nonhwe«t the ivili have for date wnat forfeiture the 'o commer. completion provsions of t contain are of contract purchase, (hi to show, as to interests-which Nort west has contracted to purchase, Hi the manner In which John Sun acquired the rights assigned to Northwest and <2» the terms of t rgreement to purchase assigned bv Srmrt ro Nert'-we-t, tir to sh< relationship between the Hanlon Oil Co/and Northwest, and <| adequate financial statements of the issuer's predecess* furnish the Hanlon In Oil addition, Co. : and year such misleading ,<a eld without report, be to owned prope:ties an that only appears of interests in in the 100f> a properties, of some held was the in of for of a total issuer properties certain obtained, was showing the when the inclusion a oil resei produc reserve rep< (ci interest stavmnent >7orthwest's offeri inclusion deduction according to the offering circular, a bv -implying the description issuer, interest 51'i a operati-ir interest by by that by i any (b) covering certain interests which, rot . . the Commission's order asserts inaccurate i$ report* nearly one since the date cf Northwestern does 185, p; properties, and »di by income net to the- wh inclusi from have not footnote ia interests).—V. End! Bell Telephone Nov. 30— 100 the; 100 schedule or: 148. Co.—Earnings— 1956—Month—1955 $ " 1956—11 Mos.—19o. 5 S 1 S Operating revenues 17.338.229 7 6 272.003 7 85,377.262 172.719.4 Operating expen.-es 11.690.947 11.293,662 123 945.710 115,521.7 21.952.6 Federal Other income taxes^ 2,216.203 taxes 1.08J.675 operating 1,901,533 23.705,192 1.081 213 12 873.505 12.376.8 2.349.404 1 935.585 25 352.855 22.868.1 2,197,657 Net Net —V. operating income after chaxges„ 185. 1,349.587 23.252,993 21,203,5 , $ 190.639,902 437. p. Official Films. said 1793. 1956—12 Mos,—1955 $" Z 212C. p. s payments Harold p. -December Sales Increased— $ 7ale? form' temporarily suspending th& Securities the the purchase, , also Merritt-Chapman & Scott ..(J. J.) series leases, teL to set forth the average cf and range of/ti gravity of the oil produced and the average pile> received Pi barrel, if) to set forth the percentage of water i t the fluid produc" in each • well. *g) to set* forth the terms of Northwest's cm, The stockholder intends to offer the shares from time to time, the New York Stock Exchange at the prevailing orir» on Exchange at the time of sale, or by public or private sale, other¬ on p. in Exchange Commission, order an offering of on than of. J. Bonds-i bonds, deffnftive mortgage bonds sold .selling such for API discussion a and are owned and are to be Merritt-Chapmari <te Scott Corp.. which • will,-continu0 to after such sale. 1.030.504 of the 1,230.504 outstanding shares. either $1* . mergpr 211.254 • presently outstanding are SI.47 Refining Corp., Billings, Montana- partly shows the actual Shipbuildini? Corp., Camden, N. J.^—Regis¬ With Securities and Exchange Commission— covering 6,106.4 ; Temporarily Suspended— statements Period This corporation filed general City.—V. 184. New Y'ork ters 6,119,486 $1.48 office York Oil oelieve u) it There can is member New Haven • Nothing could be further from the truth. $15 133 New share. on circular by replace, hini and that plans were afoot for Haven 500,C $6,864.4, clearly the intere: of Ycrk Montana Comprny in the producing properties, <ci to gi adequate information as to the operating history, a-cl earnings of t refinery, idt to set forth adequate information rel tive to the avera of and range of operating costs p°r barrel of crude oil produced frc[ State¬ : persistent and baseless rumors .to the effect that New Haven President George Alpert would resign; from his office and that a former Pre *>iient. " Patrick B. ■ Mc3innis; or othefs, would National Homes Corp., Lafayette. Ind.—Files With SEC on 100.323.862 President—The Board of Directors, in ment, dated Jan. 28, See corporation at suspension the l'ork, New 500,000 $8,998,450 6,119.436 exchanged be under operations 2672. p. Exchange. The ' S 148 374.3C2 4.603.388 184. iV'" Mos.—1955 "ti 1,959,759 railway mature MONTHS S 4.617.740 oper. 2,100,C $7,364.4 500.000 share...: made permanent. in to ir.clu'sl-.e." ' 1956—11 S 15.150.015 revenue,- will 1G7'L. il FIRST 1956—Month—l95o- and Ioy by the for key employees plan p. company 28. be be Sept. Net rev, from ry. oper. 1957, to v-iit FOR 2,280,859 $9,498,450 • Uranium Mines, Ltd.—Definitive 1937 Northwedt trust and ho ; 111.432.191 13* Co.pRegisters With SEC— 168,3 S9.464.4 , S9.C43.452 stock com. temporary 5:i4(; may 4. per untrue v/,•;/./• from 2.324.234 outstanding.. Securities request,, or each 9.723.923 shares Jan. Feb. $2 at : 10.532.275 ' National Gypsum bonds._ $3,543,452 to common public offering RR.-j-To Sell Ctfs.— expenses. be 415. p. 174,766 Sll.779,309 326. p. has issued 23, its 14. of .the proposed, issue sale of the EARNINGS in per 'istratlon • Feb. on i for $8,049,423. semi-annually Net shares Stock Offering ' at of under bakery.—V S9.296.1 pfd. stock___ •■/' on applicable Northwest ago. $32,-/ Aggregate cost of the equipment, is estimated by the Nickel Plato Avenues, completion 811,604.543 188.403 mortgage dividends 1963. 1. cause present activities center Lawn 11th 58,931,2 Sll,673.277 :t Wall Street, of compared with- S762.666.356 for iSoo.VOperating pexpenses in 1j56, against 3603,721,215 for the previous year.— New Y'ork, Chicago & with sell be the Space offices Streets, will research immediately moved the side west Oct. 91. 858.227.2 67.504,383 Sll.367,686 first on 184, The inccme earlier p. Railway of Sep. 30, '56 $.9,108,926 67.371.231 reported $ address righ 68 236.797 income Northspan 23 145.882.329 6.133,326 28 Period End. Nov. 30— announced. Oct. 31, *53 : "Outstanding to through seven, just completed 55th and 56th Streets. provided includes cafeteria and it convertib to pay off $30,000,000 of ba' requirements.—V. 185, p. 345. taxes $633,643 256 New office general N, Debentur 4%% for under the $79,966,074 and income for July accounting, for -'the high net December-income were certain subsidiary companies which, in prior years, had oeeu S',80,434.916. ,1955—-5 Mos.—*955 new 22, between space m earnings for -1956 -equalled $5.C2 a share, compared to S8.03 for the previous year. Operatihgirevenues./ for the year were share —V. the Avenue. air-conditioned Avenue floor «.f 1957, 4, Park Ended— expenses Common from taken into asso¬ $4,122,313 $23,334,839 $22,632,696 19. p. will be used construction revenues Balance 1955. Partially a 12 949,6.66' 2.473,650 Jan. 1354.- % the of of headed by Harriman RipU group sale additional income Prov. .66.123,1,42 9,474.412 inci.. on compared brings dividends National Biscuit Co.—Moves General Office— will Net i-t:. -s "it S 713.581,612 .69J.'-57,529 " 33.870.788, ' 5J.175.486 581 225.820 *347.375.200 ry. oper. oper. Company The Up^— 96% — adjustmer 184, IIR.—Earnings 63.354,20p revenue.- Railway oper. National Bellas Hess, Inc.—December Sales possible stockholders which expired Jan. 2 common for Earnings End. Nov. 30— oner, Miami, been Corp. 96% to provisions.—V. subscribed were income Interest 23,982,765 cars. corporation. Bank Power 1972 subject ere contractual For—Nearly operating Gross p. Nefrailway Fibres, Inc.—New Director— been director a Mohawk Months Other 30.231.117 road George and Northern Illinois Gas Co.-Earnings Higher— 17.371.751 3.033.8C3 after were $6,833,099 balances underwriting and 12 ' s 1.316.478 Period » - unbilled statutory total Operating Operating Earnings— s 2.840.300 New York 5.625.000 tnec) earnings •Equal to 71 cents per share.—V. 164. p. 221. ' ■ ' He loans —V. i-Sl 208.093 *$777,206 ussecj 9.5 1956—11 Mos.—1955 s :> income Tiie K't 1S36 'j '•/*•- S'L V Lowell taxes..i ■ S22.972.477 taxes. oi of operating Net Net 224.774 I 1955 12,020 1.25 operating Other This 1955 . 124,625.1 1956 period from an alter 945.647 — payroll earnings Gain share of the The proceeds of the each 23 343.831 The 1956 1.19.569.192 f % ,%■$• major: contracts, unbilled ; V:"3*::"f-, . period '371,735.676 143,028,5 189,510,082 1956—12 Mos.—1955 a— _-. income each Telephone & Telegraph Co. RailWuV cpbr: expo'nse.v. -Costs Higher- 14,012,8 & Co., Inc. 260.456,781 283,814 for expenses Property, for for stock. 24.676.960 .■ Costs 2.5 Haverhill 231,200.955 100,000 S22.026.830 .316,676.224 Federal and shares l.o'25 of 204.0J3.7o9 1 *;' ; ■ Three Months Ended Nov. 30— income of share 2,315.214 $6,899,425. Total basis 17.556.040 100.000 $264,828,649 S196.423.090 $35,532,062 • Murray Corp. of America (& Subs.) MLsce.laneous stock, the estimated with s Sales 31,326.735 "7,499,6 10,048,116 agreeme: Amesbury, Haverhill, Law¬ Essex ox the liabilities df 24,494.941 —V. Murphy Co.—December Sales Higher— (G. C.) of 2.114.935 100.000 Gioson—,—. 16,394,6 issue of $46,224,200 of the debentures, $44 280,400 were sold through the exercise of the rights. 'Ti balance of the issue was marketed under an ex¬ 19,454.949 Railway —v. Lawrence 487. p. of 1.875 for each expenses 100.000 Renshaw of •Of the fi^st mortgage bonds of bonds of Lowell. The exchange the on of offering to Lowell, an 26,226,662 Net Inc Co, Northwest balance close Subscribed Immediately following the merger, Essex will purchase cer¬ lines and materials and supplies, from New England Federal income 100.000 Corp.— 3,635,031 * debentures of transmission A 750,pop,,., Townsend. Graff & Co._ In-.—— Co.. Securities 750.000 Co.... & First stock Operating 100,000 — Stokes Morris. of capital Operating revenues 100.000 750,000 Inc.- Co., Brothers 24.835,560 V'v Jw*0: 988,700/;- 2:888,359 .: ">41,152.243 Niagara of made stock. Period End; Nov. 30— 100.000 S 86,717,9 •••'■, ; / -,•/• eompany Net 150.000 750.000 Co._ Walker Weeden — be to the of by $2,750,000 S — 6,710,974 ,2,448.850 31—. resulting All five be to assumption A Mayer—_ & Brothers and northeastern Massa¬ is to be changed to Lawrence, 53.4% of effected through of is of debenture $6,000,000 is 90.4% the stock for the and in company owned f 99.7'f merger including New England 150.000 */ 430,694 Dec. 31,': „ reports, income from Long-term shipbuilding%5ontTac percentago-of-complrtion basis; ..such income for- any -peri will therefore vary from the billings on the contracts." Contract bUlin Company, the sixth NEES subsidiaiy, ac $450,000 (Subject to adjustment). To linance the acquisition, Essex proposes to borrow $450,000 from NEEB.—V. 185, p. 345. 150,000 Co., & The Essex of share S 81,747,157 the on 150.000 _ the week Co. Haverhill, Lowell retail at surviving of Amesbury each —Yrar Ended- //,% Equivalent number of employees, on a 40-hour basis, working dtiring the 'last full work-«' . Power 300,000 150.000 Newbold's Almslectc Trask A Spencer tain 150.000 Masten H. for stock. the NEES stock stock of 300.000 Schmertz Company. & Seasongood — Smithers Stroud —V. E. A. Co & Reynolds & H. & Essex share of Essex. Lawrence and .'of with and into Essex County Electric Co. Electric companies, 300.000 Hogle & Co 750.000 Co A- McDonnell G. W. & A. Sons- & Brown Courts S. J 800.000 & 1956—12 Mos.—1955 on Jan. 28. has joined with in the filing of a proposal-with of the subsidiaries: and the Commission for hearing on Feb. 20. 1957. 1956. of and rence such 300.000 & Co., Boyce— Inc Co., : •_ Co.—_ Day Baker, F. 300.000 Inc. Anthony & R. L. Tucker, Alex. Ferris 800.000 Marks M. Laurence & Co & 300.000 Loeb Cunningham, Inc.—.. Burr, 300.000 - New-burger, 800,000 & 300.000 sons. Inc... Laird, Bisseli & Meeds,, 800.000 Estabrook & Guinea ' :•4'" • • *•-' oper : electric energy name 68.3% 97.4'/ ; 10,578,822 iLk work Ai Dec. at subsidiaries five proposal merged 30. change of 300.000 Moore, Leonard & Lynch (Inc.) Coffin 300.000 Illinois: Co., Stein Sept. Inc. 1.200.000 .1,200.003 At and Totals "At proposal, Amesbury Electric Light Co, Haverhill Lawrence Electric Co., and The Lowell Electric Light The Corp., Co., 1,400.000 Co Co. Stone & & Other . t' merger distribute chusetts. and 1.400.000 —__ the Co., Amesbury, M. Kidder & Co.. A. &. Co. Electric companies 300.000 Hayden, Miller & Co Jackson Pont du I. Childs F. Muu.ooO _—— Witter Dean Francis C. First of Michigan 1,400.000 1.400,000 Co.- Co._-_T Webber, Paine, accessories announced v.as of merger the 3 JO,009 1.900.000 & Moselev & S. for Under 300,000 Co.. & Co. 1,400.000 L— Hallgarten & Co.__ Hemphill. F. & Carolina Securities Corp. Co. & Co & Drexel have * Co.—Bil Dec. 31,'56 19,993,980 • /*' -Hydraulic"-'turbines-' England Electric System—Files Merger Proposal' corporation, it public utility Corp. will be Bacon,. Whipple Burnham 1,900,000 Inc.Union • • $12,549,307 $69,196,740 $08,329,197 , its Merrimack-Essex Corp.-S3.20Q.000 Co., & Duion, This scheduled below named accrui ' ' . Dock •; $- « 2.7,693 €58 $21,135,810* Dry Dec. 3-1 ,>'55 $ Ship conversions repairs., yy ■ %'»> Shipbuilding contracts The New has debentures: Boston Allyn Eastman underwriters plus \ • 1956—52 Wks.--1955 1956—Month—1955 $12,393,636 2838. p. compared the corresponding operating revenues per-share, " . v —— 184, SEC for respectively , —Three Months Endecl— > ;; , -4 -.v- $ •••".. ■>'-: $ •": ' • 50,353,485' 617,635,054 575,353,266 ... 51,232,248 Period End. Dec. 31— the $21,588,089 was $103 at . Dec. 31,'56 Estimated J 956 total operating 31, ■' 2833. ,). of severally agreed to purchase from the company the following respective principal UNDERWRITERS—The the '/'/"/ Sales Increased— 1958—4 Wks—1955 —" •—_ —V. six period of 1955. For the calendar vear 1955 total were $186,583,868 and net Income $22,62G,535. of Co.- -December Tea $ Sales New the ten months ended York, Shipbuilding & r'' ings, etc.— company $153,781,943 amounts $5,109,392 522.399,360 - Perlod End. Dec. 29— —V. EARNINGS—For News ; Neisner Brothers, Inc.—December Sales Lower.— supplies telephone service in Arizona, Mexico. Utah and Wyoming, and parts oi Idaho, Texas and Oregon. On Oct. 31, 1056 the eompany had more than 1,787,000 telephones in service. called for redemption on Feb. 9, 1957, of 4*4% - cumulative preferred stock. ' In be. made on Jan.. 9/ 1957 >at the City' Bai has shares will payment Newport 1()56—12 Mos.—1955 2838. p. Sales Montana, outstanding Farmers Trust Co., New dividends.—V. 185, p. 345. Inc.L-Sales Up— 1956- Month—1955".' Period End. Dec. 31— ' . corporation its mediate . CAPITALIZATION—Giving effect to this sale the company will have outstanding funded debt of $140,000,000. American Telephone owns ox the 2,920,883 shares of capital stock outstanding. "./* with The of Billings: an were Newport Industries, Inc.—To Redeem Preferred Stoc - name Morse added: "Our expanding line of 'Vaculite* products is gain¬ increasing acceptance in the manufacture of automobile interior trim, luggage, and shoes, and is used in the manufacture of nLurex,' a patented metallic yarn product of the Dobeckmun Co. We expect shortly to announce other metallized sheet products in the 'Vaculite* line, including paper and textile fabrics."—V..*184, p. 2838. r /» - • - 86.74% BUSINESS—The ^ the Mr. ■ „ r that announced 1950 the company spent the five revenues 18 ing 1983 1, toward repayment of advances from sIts-parent organization, American Tele* phone & Telegraph Co. The advances were u.-ed in part for additions and improvements to the Mountain States Telephone piant. During Colorado, Changes Name— Jan. on vacuum metallizing .subsidiary, Foiltone Prod¬ had been changed to NEC Vaculite Corp. This unit will. produce high quality metallized plastic'film. \ ,v" a,-"'. Inc., continue PROCEEDS—The company will apply the proceeds of the sale ct President, Morse, , bids also specifying 4%^ Two other S. National's continuous awarded to the group Jan. 29 on its bid of was Stanley Richard of L. announced Hacke't. Inc.—Fischer Elected to Board— Chairman election the of of the Leonard Board O. and Fischer President, as a on director 5 Jin. of tl corporation. Mr. firm Fischer of account Merrill 2. John is H. executive L"ncH 1957.—V. general a Kapian in Piem«. 184. p. & partner Co the 500 wenner 222S. in New . & the York Seventh Ave. Beane brokerage and City. <New from He underwriti. previously was Cityi office York September, 1946 to : : Ja • , Volume 185 * < Number 5609 , 'fin' ( >•'.?* * *"^ i > • • • Ohio Edison Co.—Stock Offered—This company Ohio is of¬ subscribe for 18.5 or cents bids Other cents At Merrill Other Net proceeds Fenner Pierce, together with cash „ be used 1957, for its of tion by the —V. 184, The Morgan Stanley and sale of additional the subsidiary, Pennsylvania Its meet cash requirements SEC, in Power and for its Co., construc¬ 1957 communities, and distribution purchase, generation, 588 estimated an population electricity at . live electric is Co., of wholesale to associations other owning sale of ville, electric electric EARNIxMGS—For and its 000 and the subsidiary of Oct. net income GIVING of series 2%ft due series to three distribution Power sale ana Pennsyl¬ in 250,000. 1974 due 31, operating EFFECT the 1956, revenues to company $128,741,- ox PRESENT TO series due 1978—_ due 1980- 1 scries due 1984———— due 1985 ——_ 44.200.000, bds. due Dec. 1988 21.670,000 1986 35,000,000 2,785,706 2,510,242 29,774,253 29,261,378 1,230,163 1,139,250 14,094,476 13,108.241 3% ft Z 378 ft trustee, 5ftft 2,645,046 2,388,449 28,771,033 its value cum. 1,000.000 shs. announced first value)-—__ 8,000,000 shs. 6,386,749 shs. to Bankers Trust Co., 24, not in of purchase to capital par stock cash redeemable tlrst 5ft redeemable first 1. issue' of the 1930, amended, as additional which bonds maximum no has issued 4.56ft, following: shares; and 3.9Cft UNDERWRITERS—The other purchasers, stock to be 156.300 , purchased by respective them are shares; 150,000 4.40ft, shares. of names the and 4.44ft, shares; 150,000 outstanding now the representative percentages forth set and the of the of unsubscribed of excess its Allen R. Weld Halle —3.92 & Co.— Co._ A: 3.90 Dickson S. Az At Co., Inc.—— 3.90 below: Stiegliz L. Emerson At Co., H. Steele Fauset, Johnson, Inc. 3.90 Ac Lane, .57 Inc.— At given additional Central Ohio $100 per share, interested until persons to use its units to Metals for the reduction of aluminum, and to Olin of aluminum, at make will in Power entire time proposes to Claring- near for capacity excess consideration for plant of its two units demand appropriate 01 further agreement generating located be requesied, may also deliver labrication of aluminum. if company, future some memorandum the facilities at Generating presently , contemplated presently behalf and Ohio of is which to provides that Captina Ohio Power and Gen¬ the In memorandum the the of plant, Generating generated as hour per 18o, p. stk., cumul. 1,517,375 shs. 1,517,375 shs. pfd. stk., cumul. 1,127,426 shs. il,127,426 shs. 4.3Gft -redeem, first pfd. stk.. cumul. 1.000,000 shs. 1,000,000 shs. Redeem.. 1st. Common opera¬ that Ohio .57 Kcnower, Marks M. Auchincloss, path Co At Parker At stock the Elair & Lester, At Ar Pacific Co. Putnam Ar Inc. 31, of Slneumb A. At —— Co. A- 1.52 Rowles, At inc.— Frank, Stern, .95 Co., — - C .95 Anderson .95 Inc. Sterne, Thomas Arthurs, At employees which of series .95 Bingham, .95 B'oettcher .95 Brooke _ Co. Rotan, . Mosle _ Sheldon and Lisle .95 Brown. Scott, Horner A: Mason, Inc._ .95 Hanrahan Scott .95 Investment Ar Robert Co.„ Ar _ Stringfellow— Whittaker L. Co. At Peck Adams A: Co.— Dewar, Robertson Ar Ilalsey, Foster H. O. Lunt Ar Pcct Rauschcr, Scherck. C. Allyn At Corp. Arthurs, At Dcane At Co Inc: — Smith. Strader — — Ramsey Co.. At Ar Co., Inc.— F. .76 Columbia Co. Simonds Fitch, Earret, Bos worth, A: S. Ar Gibson Yantis At Ar Investment Co. North Sullivan Ar & Co. John Elder Fordon, Aldinger At Co .28 .57 Garrett-Bromfiekl .28 A: Denton. Inc. .57 Lee Carroll & Co._ Whiteside, Winslow. West Ar .57 Gunn Ar .57 Davenport Ar Dittmar Co., At Doolittle A: p. L. At Co — - Co - — — Co Harold Thayer, Baker At Co ,57 incorporation of May on present name filed Feb. 27, was 6, 1926, as adopted Corp.—Arranges Private proceeds large a Olin be to are expansion corporation on used to Refsnes, Ely, S. .28 Stewart .28 At Co.-. .23 .28 Co. At Co. —— owned Chemical Mathicsor. Pacific Finance Scott, Horner Ar Mason, by Corp.—V. Revrre 184, p. Copper 200.000 Seasongood 150,000 Sliaughtiessy Ferris 150,000 At Inc Co. At Company- of First Iowa A: Freeman Garrett Robert At Co Walt'er Straus. Co. At Humphrey, Investment Harold sinking the Place¬ called fund, for $691,000 par California At Neal I 3 ft ft. .28 Ser. J 3ft' .28 Ser. K 3ft Ser. L 3 Ser. M At refunding of Jan. GIVING Redemption— redemption on March 1, next, its capital debentures, 4ft ft, Payment will be made at Los Angeles, Calif.—V. 184, 28 of the public offering of EFFECT TO PRESENT - 3ft due Dec. 1, 1, bonds due June 1, bds. bds. due due FINANCING Outstanding bonds $1,000,000,000° mortgage bds. due June bds. Biddle Yarnall. At 200,000 Co. 1956—11 Mos.- -1955 1955 Month $ $ $ 66,601.129 712,729.252 45.067,679 41.925,095 479,013,100 643,028,502 433,727,994 74.697.484 68.947,745 60,757.870 52,797.998 taxes—_ 7.034,000 6,985,000 operating taxes— 5.546.986 4,338.041 Net operating income 8.952.464 7.817.481 93.260.793 87,554,765 7,562,737 6,558,988 82,386.107 72,225,763 income after —V. charges 185, 488. p. Panhandle penturv 30. Jan. Eastern directors have The Pipe Line Co.—Acquisition— approved the acquisition by this company ol the Refining Co., Inc., Garden City. Kan., it was The price involved was not disclosed.—V. 185. Pictures Corp.—Sells Industries above.—V. Litton See Chemical Nov. 18.669.000 1971 23,839,000 June 1. 1, 1979 109.543.000 1974 Dec. 1 77,975,000 195G. 1, announced on p. 488. Assets of Unit— 184, p. 729. New York, has be°n appointed first mortgage bonds, series E, Corp.- -Another Unit Sells, Then Leases corporation has entered into thp fourth sale-and-leaseback of a subsidiary in the past eight months. P'Louis J. name, trans¬ it has purchased, in the latest Liberty Aircraft Products Corp.'s Farmingdale, L. I. N. Y., Corp. arrangement. on Glickman, said the Jan. 10 announced Chairman of the real estate coronration bearing for Liberty Aircraft was signed last month contract about $4,500,000. Glickman Corp. handled another sale-and-leasebaek transaction Penn-Texas subsidiary last October, when it purchased the Pratt for a Bank, $10,000,090 of 4ft ft V. 184. p. 1916. Plant— Ghekman bis Co.—Paying Agent— Exchange -?ec Penn-Texas Back cash a price of or At Inc.. plant at Hartford, Conn. This property was in turn to' Marvin Kratter, real estate investor, in what Glickman called Whitney Co.. sold a $927,000 1966 1970 Corn agent for paving of Authorized Ser. 150,000 — 61 065.620 Peninsular Telephone 1, 1986, at 100% and accrued interest through Halsey, Stuart & Co. Inc. and associates. The bonds were quickly placed. Further details follow: ♦First Wag¬ Telegraph Co. -Earnings— 195« Inc. 41/2%, due Dec. .28 .28 100,000 A: Co.— As Other Federal connection Brass, $35,000,000 first & refunding mortgage bonds, series AA, CAPITALIZATION 150.000 — Hansen Wyatt, 250,000 Operating revenues Operating expenses The issue At $ action our Inc. 100,000 Co. 487. Pacific Telephone & 2444. in Ar Wright L. Co., 150.000 Co At Wood E. goner Pertod End. Nov. 30— Pacific Gas & Electric Co.—Bonds Sold—Mention was made p. At Wulff, cor¬ plus accrued interest. Bank, 626 South Spring St., at 185, Geruldsen White N. Arthur :— V. A: 300,000 C. 150,000 Inc. Noel 500,000 750.000 150,000 also See 100,000 300,000 Co A: Alstyne, 150,000 Kcir CO., Lom- Co. Jenks, Kirkland, Grubbs - 300,000 Co As Co. of Corp. 250,000 Inc. Wallace, At Inc. A: Co..— Hutton F. E. Van 600.000 Co Applegate Hulme, Thomas 750,000 Co._ At Haupt 100.000 100,000 — — As Smith bardo, 100,000 — 150,000 Mc¬ As — Strauss S. J. Co. At Blosser Stubbs, Talbot- At Stokes Dowell 1,000,000 Co._r Leach. As Co., 250,000 150.000 Sulzberger As At 600,000 Inc. 750,000 Co— At St Agee Ar Nicolatis 150,000 — Co., Inc.— At Grande Stifel, 200.000 Sons As 100,000 —j. Sterne, 400.000 Co Co., & Brothers Stern 300,000 — 200,000 Mayer— At Inc. 150,000 Corp.— Marshall A; Foster £22. (Calif.)—Partial Corp. has corporation 100,000 Inc. Fauset,1 Stcele-'Ar Co.—* of 1967 2,000,009 ler 150,000 —_ — Paramount large expenditures in 1,500,000 Co. Hutz- As Bros. Salomon 200,000 Renshaw— At Rothschild Ar F. 100.000 Jan. 29. pay 150,000 — program. jointly is Ar Rodman 250.000 850,000 Co. L. Bodine— 250.000 Co.__ At Rippcl Este through Eastman Dillon, Union Securities & private placement of $100,000,000 of first announced 250,000 Gardner. At Reynolds At 250,000 ; Co. Ar Reinholdt 4C0.000 the was 600,000 Hughes The 1928. negotiation by this 150,000 Co., * the conioany is located in Struthcrs, Ohio. in impounding, producing, processing, Metals At Inc. Co. Rand Townsend, Ar The p. .28 .28 Inc. & ,57 Inc anc'. the At Lyons Ar Co At Co Inc...— Leek Ar Co...— Security Associates. Inc.ft 487. articles the in Ohio the and Pollock E. At Emanuel, Deetjen At Co. is engaged Revere for The .28 Labouisse, Weil, Clegg At Co., .57 Inc Co Edwards. 185, At .57 Co Co., .28 Applegate Morgan Carey, Inc. Bros. Humphrey, W : Co.,-. Hulme, Kurd, Inc. Cunningham, At Friedrichs .57 W. Chace, incorporated was Douglas Az Co., Inc..,—.28 Howard, .57 Burns, Corbett At Pickard. Inc. The of Co., ______ Raffensperger, 150,000 Davis As Croutcr At Inc. Securities At Hlrsch bonds, series A, due 1978, and $100,000,000 of 41/4% notes maturing semi-annually from 1959 to .28 -—1 Inc. Dahlberg At Co Eincks .57 Burns Bros. Olin The Co., Will, At —— DeHaven 100,000 Pizzini W. Schmertz Cullom Shelby 150.000 Inc. tensen, 250,000 Union Harrison acquisition for 150.000 B. 200,000 which 1956, At Inc. Inc. Podesta 150,000 Co.— & Copeland Penington, Colket At Co. Peters, Writer At Chris¬ 200,000 Co. As ments—Agreements have been due Henry Co., JO, Overton 250,000 Norfolk Dec. A. Kendall, — Net through Ar .57 Inc. office of .28 Co Schmertz Cunningham, Patterson, Denton, — Cunningham, ft issued Service Water company .38 Inc J. 150,000 150.000 — — 200,000 Hannaford stor¬ ing and distributing water for public and private use in the communi¬ ties of Massillon, Struthers, Poland, Washington Court House, Marvsville, in western Lake County and in Youngstown (untreated industrial supply known as Mahoning Valley system) in the State of Ohio and also operates certain facilities and grants fishing, boating and other privileges incidental to its ownership of various reservoirs. A whollyowned subsidiary, The Lake Shore Water Co. acquired Dec. 10, 1956, distributes water in western Ashtabula County.—V. 185, p. 47. .38 Co Ar Inc. 850.000 Co. 100,000 — 150,000 & — & Homer O'Connell Ar Co., '750,000 ; — Wells Inc. 200.000 Securities Corp. .38 Co., 200,000 At Stein— Cvuttenden, .38 .57 Inc The The .76 Co with 150.000 300,000 North 150.000 may be issued under additional bonds may be is¬ the terms of the indenture of mort¬ ' Co. Securities 990,000 bonds Hutchinson Newburger, Locb & Co. Norris & Hirshberg, Hallowell. limited; 200,000 — Mullaney, Corp. Clayton Co. amendment to general with .57 Amott, Baker Ar Co., Baker. by .38 .76 A: is not 200,000 ; Coe 750,000 400,000 Ira mortgage Wil Ar ... 100,000 686,000 1146,834 shs. Levy At Co. At 2,000.000 — McMaster At $300,000 Co.. Inc. Thalmann — liams $3,179,000 - 200,000 shs. shares Water Massillon 1963, it .38 Inc Woodard-Elwood At The Schneider, Eernet At Hickman, Inc Mackall Johnson. Lane, Space At .38 .76 Rutty & Co. .76 : Shore .38 Sage, .76 Durst, Inc Allisx n-Williams Co. _1 J. .38 Webster Inc. —V. Inc Co., Suplee. Yeatman At Co.. Inc.- Neuhaus Wagenscller R. At .76 „ Underwood, .' . mortgage V/2% Scribner Ar 1,816 .38 Rupe At Co .76 Maynard As Co as .38 — Inc/—; Lawson. 1,500,000 Brothers-— Carolina issued 150,000 Broome Bros. Burns Co. 1,500,000 Inc At Stockton At „ Company— Co. Bramhall were follows: as Ladenburg, 150,000 — At shares Co.— Barret, Fitch, 'Co. j Blair Company, each are by Co. At Baxter ft . 2 — Ashmun S. Bache These Inc. Co. time to . principal purchasers, none and the principal amount of __ Lestrange Co. C. Co. .. several A. M. Kidder A: 1— — the the $4,700,000 Securities American of Co. & — Allison-Williams A. with Gregory At Sons—ft.—_ due In accordance amended. ft. Dallas .76 Inc. first Irving J. Rice At Co., Inc .76 Co.. - • 1956. purchased Stuart Inc. 576,000 mortgage Co. — Co.. At Co. A: of of poration, .76 _ Co._ Ar Pierce Slillmnn. Sutro Co.— - Richter Singer, & Marshall——. & Hamlin .38 affiliated time from may stock. preferred names Outstanding —— only jlncludes .38 Co .76 Farwell, Chapman amount but ' $10) (par .38 Russ Pancoast FINANCING 1960 stock .38 Inc. .76 Inc. Inc. Inc Writer At Christensen, first November, bonds 915,000 due indenture Lake 1960, ,38 Favre, .76 At Co., Co., of Norfolk- Corp. Tenenbaum George R. Coole.v Ar .38 Peters, Quail Dain .38 Inc.--, Pcltason, .76 M. Marshall— Co., Murphey Branch. Cabell Ar Co.—„—__ J. Co._. .38 .76 .76 Ar sued .38 .95 J. Bradford At At 1, "The the in and — payable to banks, 4 ft ft Nov. Common .38 .38 _ .76 _ — George D. B. Bonbright Ar Co. C. At PRESENT TO —_! 1985 .38 Co Co.—_ At $340,000; 1959, 1982 series .57 Inc Lestrange Ar Co.— Snyder—-. Mitchum, Jones & Templeton A- series due 3s» ft .57 in Hallgarten 3ftft .57 Co., At in EFFECT 1978 .57 Strudwick At Parrish & is AA Ginther BUSINESS:—Company Companv Williams T. $867,000; 1975 .57 Leach At 1958, series due At Fox Meyer At Agee will ,57 —— .95 —— Co.- .ra that it mortgage bonds: gage, — Roberts estimates company , series due .57 At Co Poole, in $2,041,000; "First .57 — Parke .95 Co <*: Winston The program. CAPITALIZATION1 GIVING .57 — Schmidt, Co Ar 1957, $344,000. .57 Renshaw At construction with the about $4,400,000 for new construction during the period ending 31, 1960, as follows: Oct. 1, 1956 to Dec. 31, 1956, $808,000; in 3 ft ft Robinson-Humphrey Co., Inc. Rodman Hurry, Evans Ar Richards Ingalls The 1.52 proceeds are to be used in connection net expend .57 Co company agreements with the company on Oct. on an installment basis of 127,426 shares had purchase PURCHASERS—The (par Claybaugh & Co., Harrisburg, Pa. company's Notes Co.. At the redeemable ,4.50ft to Evans .57 Securities the of authorized. employees for 1956, Dreyfus PROCEEDS—The 17,068,602 shs. . at $24 per share on the basis of one new share for each 12 shares held. The offering was underwritten by $10) '3ftft Waeckerle, Inc. Ponington, Colket Ar Co._ .95 Crowell,. Weedon Miller 1.52 Co.— A: Dempsey-Tegeier Ehvorthy & Co Clement Mid-6outh 1.52 —— Ar Co — Prush stockholders of record common None 20.000,000 shs. 300,000 .57 Mead, Co.—1.52 Walter Bingham. Eisen-Ar 1.52 Gardner Agnew its to .57 Inc. Mason-Hagan, 1.52 Inc.—-—— Scranton Shuman. Lucas, 1.52 Co <Sr W. 16 offered (un¬ 5,959,397 shs. directors of amount tCompany & 11, 1957, the right to subscribe on or before Jan. 31, .57 Levy At Williams.— 1.52 Northwest Reinholdt Lawson, 1.52 ; Co Co.— Ryous At Co.—— Loewl Jan. Jan. .57 Co.— cumul. $25) (par board increase stk., series) Ohio Water Service Co.—Stock Offered—The company .57 MacArthur At Kirkpatrick-Pettis Co. 1.52 William Hlrsch Hill Red- * Baker, Weeks At Co. Chas. 3.90 in 1,719,388 shs. 1,750,000 shs. pfd. classified 148. Authorized Kay, Richards A: Co Laurence 2,860,977 shs. series pfd. generating and Its expenses in the power and will nay Captina a provided for in the addition. kilowatt agreement.—V, 'Bill supervise will Generating, Kammer Kammer each. by used Captina id the as reimburse Cupuna for ail plant in proportion to will Generating of that Power known be Co., — Ladcnburg. Thalmann & Co._ 3.90 stk., first 40,000 of consideration has Generating Power. Ohio >/2 Co..57 Space pfd. first subsidiary, a Generating to on Dec. ft White. 400,000 shS. 2,860,977 shs. cumul. redeem, Blair F. rank of which there are 1,173,163 shs. 400,000 shs. redeem, order author¬ an 1957, for 11,295 additional shares of common stock series of equal in 4,211,662 shg. 1,173,163 shs. cumulative Byrd of certain contains fixes but 4,211,662 shs. pfd. pfd. stk., " 4.50ft ^The Commission the and operation as amount. tIssuable 180,000 of Aug. as on authorized mortgage 1, pfd. stock, cumul. stock, cumulative—— 5ft 28,086,195 Jan. on 1957-58, for a the aggregate. The fee 636.300 shs. company's 1, Dec. first 28,089,636 2,418,503 2,673,221 28,587,181 be The is Power on dated limitations the the under due First preferred.stock (par $25) Gft first preferred stock, cumul. Dallas ♦Issued bonds AA A, Revere energy par 60.887.000 1987 taxes to request operate It 24,715,000 ($12 1984 Ser. Y 120,358,658 energy to plant 25,776,000 series stock 55,742,000 bds. due June 1, bds. due Dec. 1, Ser. X 3 Va ft of addition, will 58,000.000 3 ft ft Common 25,667,392 1956—11 Mos.—1955 erating. , 12,000,000 — par 1984 133,970.802 Ohio charges. $30,962,000 3 ft ft ($100 1, 12.271,587 in Ohio. tion. tPreferred stocks 46.211,000 bds. due Dec. 3ft ft Ser. W 3 Va ft 12,544.841 fabrication In 26,089,000 Series by available Outstanding —_ 3 ft ft 1985 Ser. will supply ton, FINANCING 1975, 2%% 1, Ser. $100 Va.; energy Authorized —— 77,475,000 bds. due Dec. U $ income 1, 1976 190,817,933 cost 1957, owned $24,513,000. mortgage bonds: 3ft and areas, sells coopera- Pennsylvania about ended. consolidated had consolidated, 73,824,000 1, June due 1, $ during W. 8, for CAPITALIZATION ♦First months 12 systems rural and in population rural seven purchase, communities, 133 69,113.000 bds. Ser. hearing thereon. According to the application. Ohio Power has entered into memo¬ randum agreement with Pittsburgh Consolidation Coal Co., Olin Mathieson Chemical Corp., Revere Copper at Brass. Inc., and Wheeling Electric Co., providing generally for the construction of what is, initially, to be a three-225,000 kw. unit power plant near Cresap, J West Virginia. Two units of this plant, are to be owned bv Olin Revere Generating Corp., a wholly-owned subsidiary of Olin Revere Metals Corp., all the voting securities 01 which are to be jointly owned by Olin Mathieson Chemical Corp. and Revere. The other unit is to be having also company subsidiary; Its generation, estimated an and distribution own Ohio. in the in energy having, vania, in in Ohio, areas, The 1,800,000. municipalities 21 their companies also engaged about of 1982 1983 3ft bds. due June 206,426,712 was the Co., Feb. rural well as in as bds. due June S Ser. T 2Tift used by the Coal Company to pay a portion of the Installing" additional equipment fori the purpose of expanding coal production at its Muskingum and Cumberland No. 3 mines and coal transportation • facilities at the Muskingum mine not provided for by cash generated internally oy the Coal Company. The Ohio Power Co. has applied to the SEC for authorization to purchase stock of Captina Operating Co., of Marshall County, Mounds- • the in 66.084.000 $ company of estimated BUSINESS—Company, with its principal office in Okron, Ohio, is en¬ energy 1980 taxes- it $4,000,000 or during program. gaged 1, 2226. p. this Coal common additional investment of $2,100,CO} in the common stock an 24,088,000 bds. due Dec. 4.80ft. Kidder, and Beane At 25.8 cents; the to 1981 Ohio Power Co.—To Increase Investment in Units— hand and to be derived from operations, company 1, 18,309,528 operating 9.100,000 bds. due June $ .' 48,182.000 „ 23-ift' 19,205,756 after .charges——I Proceeds will 1975, Outstanding 1977 Ser. 25,701,207 26,097,812 2,694,142 1956—Month—1955 revenues- income Net > izing on charges-— operating shares from 11,968,991 2,716,334 1, J, Ser. R 3 ft ft 26,751,136 12.864,313 25,942,135 Dec. Dec. brls. Ser. Q 27s ft 108,087,071 26,988,547 1,146,868 2.704.S30 due 3ft, l?ds., due Co. & or 121,425.961 2,825,183 2.702,218 3ft O Ser. P 11,312,338 income NT 5ft the underwriting as follows: (jointly* $114,900, or 19.0 for $ ■ 1,218,556 Operating expenses Other , 2,806,044 K Federal $ . . 187,220,956 172.508,405 13.047,276 End. Nov. 30— Operating , 17,989,269 taxes- operating after Scr, Scr. 1956- -10 Mos.—1955 g . . taxes— expenses— income Period 19,771,094 . Authorized Co.—Earnings— 1956—Month—1955 revenues operating Net 27.5 cents. or PROCEEDS—The shares, Lynch, (jointly), $149,900, $159,497, Co., Federal Net Stearns Bear, Operating Operating s compensation and share; per share. specified Peabody & Co. Telephone 580,613 per Brothers Lehman Bell i additional shares of common stock (par $12) at a subscription price of $46.50 pershare, on the basis of one share of common for each ten shares held of record Jan. 31,1957. Subscription rights will expire at 3:30 p.m. (EST) on Feb. 15, 1957. The offering also carries an additional subscription privilege which entitled holders of rights to subscribe at $46.50 per share on a basis of allocation, for any shares not subscribed for initially. White, Weld & Co. is manager of an in¬ vestment banking syndicate which is underwriting the offering. The successful group won award of the issue on Jan. 30 by specifying a compensation to it of $107,413, 11 (615) Period End. Oct. 31— fering to holders of its outstanding common stock, rights to "M* -"1" # Financial Chronicle The Commercial and ... a multimillion-dollar 99-year The two transaction. Penn-Texas received $11,000,000 and lease in the Pratt Ar Whitney transaction. other sale-and-leaseback arrangements made bv Penn-Texas recently concerned the Bay way Terminal properties in Elizabeth, N. J„ and the Colt Patent Firearms Manufacturing Co. facilities in Hartford, Conn., both subsidiaries.—V. 185, p. 488. 12 (CHi) The Commercial and Financial Chronicle (J. C.) In Penney Co.—December Sales Up— barring use of the name by the Fund, the Commission held name is deceptive and misleading as implying that its shares investment'and other advantages for the civilian and military that Per. End. Dec Sales 1956—12 Mos.—1955 1956—Month—1955 31— —V. 184, 2839. p. , Peoples Drug: Period End. Dec.-31- to Blair be offered Holdings above.—V. Corp. 182, 12. p. which This , , "'Is"' has signed an agreement with Automotive Com¬ Sydney, Australia, for the manufacture of Perfect Circle piston rings in Australia. ..James ,-'NI Kirby, a leading Australian industrialist, will represent Perfect ' Circle board the on of Circle FerJset ol turectors . • $3 . . family the and , or ■"are-hot Sales and other revenues.. Net income provision for Federal Uxes, minority interests and amortization of goowill Shares outstanding Sept. 30. Earnings per share ; was will Board they , than of —V. 184, not by Pfaudler the President Corp., as this of and company, Baltimore, Md., and Donald Morris announced Wolfe, 470,000 such $0.63 the of its Pitrnar of has Titan the exclusive North agent the for manufactured by the Titan Corp., Copenhagen, company's operations include engineering trie equip¬ specific separating operations, assembly, installation and potential markets with for Pfaudler equipment Centrifuge.—V. 184, p. the Titan The well the as promotion bv in asso¬ 1916, such in the in Co. its that or his in to The. or by its the United the its Fund registrant's mutual James the view by C. views the the Sargent, and Personnel of the name the fund of does Fund and Net income for 1956 is estimated, at approximately $95,200,000, practically the same as the previous high of $95,203,000 In 1955, ac¬ cording to preliminary figures released Jan. 29 by K. S. Adams, Chair¬ and man, exceeded New Paul Endacott, billion a records President. dollars synthetic production of for sales rubber, crude oil, first the in set were fertilizers, They of income gross petroleum chemicals liquids gas that time. volumes specialty natural said natural and and products, carbon In gas; black/and in refinery throughput. In 1956 earnings, particularly those for the fourth quarter, were gathered the not 14.000 P&G employees with by substantial charge-offs to expense arising out of an drilling program launched early in the year for the pur¬ testing large holdings of acreage in offshore waters and at high-cost deep drilling locations on land. Although this program proved highly successful' in that several fields of great promise' were ~ ~ discovered, and in tour and area southeast Savanna The southwest will New County West area Albej'ta, Canada, Texas, of the' Paradox British and the Basin Columbia, South Four the Lakes affected that the for 1956 the rate and of "With to increase especially exnansion be recent strengthening of petroleum higher materials and operating the in due of expenditures the to synthetic for company's rubber manufacturing Marlex new plants to, meet plants plastic than rising was demands. phases of these programs now in operation and the remainder in 1957, they are starting to contribute to our in¬ officials said, "and our capital expenditures will be lower the in 1956."—V. 185, 488. p. Period End. Nov. 30— Railway Railway opcr. revenue..., oper. 1956—Month—1055 $461,768 $530,150 expenses. 208,036 Net rev. from ry. oper. Net railway oner, inc.-—V. 184, $5,209,692 $5,292,882 2,367,231 2,329,680 231,392 $253,732 $298,758 $2,842,461 $2,963,202 80,222 101,103 924,402 1,018,457 ' The exceed provement tion. to was in conditions, last net earnings increase an year's of It also was has taken be to to 107f, the earnings, aggressive and same the advertising sharei. for purchase There working rights will be no capital.—V. Public Service The stated that the developed public. The gratifying and the narcotics The active 11. at company, proportions. growing and corporation's in its initial two or which 20 cost its of of payment or in . is 185, distressing announcement.—V. Plymouth In prdduct, This company Public f with 1957 ture and bonds The net mature late in Oil p. on it it has quite being reported promising a 20 minutes leads to restful, before natural according to an antihis- the sleep, corporation's reports company paid-for that business insurance in now was over It was the this Securities issuance of corporation, misleading in operatir-g and a Total Costs, the best in its 51-vear history. $37,000,000, 45'4 ah/ad of 1955 $158,000,000.—V. 182, p. 180. exceeds Exchange decision and registered violation of the for to are 111., 6, the to and per be & filed 28 Cash —V. up for Gas Co. Plans — to of an 1977. 1, It is Income for planned be added its and debt of the cost to to the its of milling Non-recurring pre¬ Net of the general Commission order on Jan. declaring that investment company, Investment Company earned, a deben¬ "Cash the i„_. declared taxes "Preferred shares is Act 23 the announced name deceptive of 1940. of and offered Perkins terms are promoters to Co., be Oil , $25,344,413 for with plan a elmo-' P* resigned the be Ap¬ mining of a-d m San and of Sabre Co., rf linuidation. W. prop¬ by the Executive business Uranium Corp., Dallas, Tex., L. 7 eeds. Secre¬ a Bradford. Mr. succeed would oil for personal and Securities to Pinon developed director a founders process Sabre tm^n' will Bradford, been elected has <*11 that Southwestern the whereby partnership with Homestake Mining, Homestake mining and development of three sections of the prooerties would in also th" Ambrosia undertake D. of operations. as as Bokum, the Sabre limited a general a to Take build area and of New operate a a Pinon would and partner, hold 75',r a Homestake interest would in hold a partner. Sabre Pinon partnership director, explained a^'-oval b" the that consum¬ Atomic Energy of a contract with the A EC now under consideration. to the processing mill. The stockholders approved an extension of the AEC to poses V. the its of stock 184, partnership form mainder the deadline agreement beyond 20 Jan. pending completion of contract. the of with corporation new properties, the Homestake is in entered, take to Sabre and corporation new Pinon the Sabre and over holders form of a Pinon explore would stock pro¬ the receive re¬ all dividend.-—- 1396. p. • Safeway Stores, Inc. (& Period End. Dec. 29— Subs.)—December Sales Up—» 1956—4 Wks.—1955 S .1 1,041,000 184, 152,195,025 2340. p. 1956—52 Wks.—1955 $ 161,537,899 Sales 24.650.000 $2.82 April 1. St. 133, $3.06 redemption Plan to form a uranium Homestake Mining Co, $ $ 1,990,067.764 1,932,243,202 - 553.000 .1 Raymond acquired individual and gas by public M. The 1955.—V. Louis Service Public stockholders this of public Co.—To Diversify— transportation controlled concern by City Lines. Inc., on Jan. 29 will vote on a proposal that would the company to enter related activities in the automotive and from of 25 Perkins the interests properties, in cents nar the 3oard A: SEC on stork, common headed group underwriting - Delaware pertaining to their individual oil States, in exchange for a total Inc. M. certain together law Chairman Co., Francis On Raymond producing with and in and gas 19.56. 1, 1956, their Group, and non-pro¬ all operations of Its President, Nov. substantially aggregate transportation fields. The 913,000 oth°r in fields mon proposal in and, with an underwriting offering price and under Raymond, and statement amendment. organized was respective oil The supplied ducing United initial interest After 23,609,000 shares preferred registration a Inc. Francis are W. company assets pet- 1956—12 Mos.—1955 $28,434,665 plan a had of one disposi- 200.000 shares public sale through for fr Raymond Charles value National company filed 29, 1957. covering be to book 484,000 26,210,000 on share in uranium partnership 8,177.090 Raymond Oil Co., Inc., Wichita. Kan.—Registers With by the and $5,347,658 Hugh Pinon, of Homestake partnership 945.000 Securities and Exchange Commission—Jan. an $100.000.000.. over piecessing mill of 1,509 tons daily capacity in the same As its part. Hrnnestake "'mil-' Nan Dm "a"t*-<°rshio about $2,000,- build 1,568,000 2767. p. of and seen $80,000,000 Commission 470.000 _ called has at ore mation 2.149.000 928,000 that Sabre now for 358.478,000 9,996.000 profit taxes, on sales for high new a years Corp.—Partnership cirooration proposed Pinon area. $ 2,213.000. - asset common The controls Stores, Inc.—Dec. Sales Up—- approved Bradford, undertake uranium 1P"5 26.210.C0C per 1955. manufacturer electric estimated $9,646,000, partnership the company, of —V. dividends to approved also partner firm Mexico. funds of p 'rp'S"s, , have new of Mr. Under would 25'> 2,374,00.0 etc.-.. _/ after seven are 1956—Month—1955 announced eeneral a tary and construction 367.761.000 non-recurring reached past sales looks Uranium limited also was securities of 1936 income Earnings of espf. Vice-President Issue issue sell current minority interests capital a October; German . 1956 the erties except three sections of land, Ilomestake-Sabre Pinon partnership. 365,287,0*0 356,3.29,000 ........ - profit, in a manufacture in 1957 amounts 31— stockholders Richard allowed before of For 10 & 25-Cent "spin off" into • Income con¬ estab¬ " 000 income Sales Each the company years stockholders The the applicable to is . 2339. p. Francisco, that Board general, corporate „ Federal with oper¬ Va. before. said. $17.64. 184, Sabre will by it for expenses Provision there space Robertshaw-Fulton Australia, joint $6,175,274 The to selling and general expenses.. 307.209.000 304.052,000 deprec., depletion and amortiz.... 20,735,000 19,643.009 disccunts the new a went into purchased at Indiana, proved— will application with the New Jersey for authority to discount income Sydney, arrangement _ used payment or incurred for be Sept. 30— and in for of began Conn., >■ — : - ■-• expanding. are an out he Period End. Dec. Sales operating, Provision the a Chicago and Income interest Milford, summary, he said the company had net current assets of $22,206,and that *the current ratio of assets to liabilities was 3.50 to 1. enable Private Investment Fund for Governmental Personnel, Inc.—Name Held Deceptive— The few a reasons. portion This l9f.6 went force i$l par proceeds the holders s Gross 1732, Postal Life Insurance Co. of New York—Finishes Big¬ The at to (& Subs.)—Earnings Up— Nine Months Ended ticn gest Year in Its History— New Pure Oil Co. at construction Calif., -which Beach, plant capital as of the year-end is strong, he said, ;The cash position is excellent, especially in-this period of tight money. He said the company has ample cash for expected growth of sales, plus an opportunity to acquire attractive companies,—V. 185, p. 47. Is used a without of common stock (par $5) was by Blyth & Co., Inc., at $34 per share, a with offered be retiring produces Co.—Secondary Offering—A secondary Jan. 31 The incurred from the sale p. A. Working 188. 185, Long new" ... also $72,000,000. sales, Rose's 5, notification to employees Drive, program debt March be included program at A ... made pointed to in share Is March. proceeds the subsidiary has -The, long-term principal amount of debenture bonds, to be-dated March to •the 'Cpmpany and will addi¬ now is dealer's concession of 75 cents per share. continued.—V. 183, p. 3014. Total In credited or the cmnpanv Oklahoma—Bids Feb. 4— Wacker Utility Commissioners ell $50,000,600 1, John underway, 1931. Electric Jan, on is Society of Security Analysts begin operations in the second / December, 1956. the company announced two new acquisi¬ They were the Aero Manufacturing Co. of Columbus, Ohio, and factors It "SAN-MAN," is "SAN-MAN" Hydrochloride, taken after-effects, 184, pf stock certain p. of bank Service still and York Pointing out-that December could easily upset forecasts, Mr, Rober-testimated that earnings for 1956 would be around $2.80 subject 000 with s. should offering of 11,337 shares made paid were 346. p. 1953 New During and. in dividends. letter a underwriting. construction im¬ programs, laboratory, to believes Methapyriline turn - - amounted Arizona, Mesa, Ariz.—Files common and No. short-term purpose.—V. in 1955. operations new increase (CST) on Feb. 4 receive bids for the purchase from it $12,000,000 first mortgage bonds, ser'es F. d"e F°b, J, 1987; proceeds will be used by the company to pay for a part of the , , shaw . Net sales an volume selling new research reception corporation tablets steps January, The Beta Corp of Richmond. company- a.m. of Interest ingredient One drowziness, harmful total also, stated that San-Man Tablets contain no barbiturates, and may be obtained without a prescription. or of of 172, Co. in the manufacturing plant Sabre-Pinon Dividends, been the its anticipates potential. The coi novation tamtnic. sharing filed 18 shares program.—V. expects company 5 about net in increasingly Co. Jan. on 150,134 the the the by announced which to present to permit profit \ .: company covering stock Public 1956—11 Mos.—1955 2 786. p. on 1957 in 489. p. including payment of Based of $50,000,000 of Bonds— Plough, Inc.—Sales Expected to Rise— in series a to participate, giving them not only a share of opportunity to become part-owners of the business. an lor - of a tions. Cincinnati, With Securities and Exchange Commission— SEC ',' ;. Piedmont & Northern Ry.—Earnings— - first.of the all employees who have been Producer* Finance facilities completed come/' 185, also engaged in the residential and now , for 19 the eligible are but is estate . , in the profit, sharing plans $10,000,000 real Germany. This plant is expected to quarter of 1957, Mr. Robertshaw said. Pioneering earnings. The company's 1S56 capital expenditures v/ere aporoximatelv $258,000,000, an Increase of $74,000,000 over 1955. Although more than half of this was spent for oil and gas properties, wells and equipment, greater, year —V. of Mexico. compensate also of River Peace Of commented helo which the area officials prices costs Midland Utah, Creek of area one profits years. large Puckett earnings had to carry the inevitable dry hole charges accompanying the effort while Income will be realized Some of the more significant developments 'were in offshore acreage holdings in the waters offf Louisiana, the record told thermostatic controls in costs future of 1956 otter a 2227. p. began President, corporation - to Under the. P&G plan, It Corp. Florida 21. In lished imply, sponsorship Boasting an unbroken annual dividend record, the. company's plans paid or credited to employees a total of* about $94,000,000 since the, first plan was introduced in 1887. During the past* year, some of pose 183, that program Foreign have penalized of production in February, 1956. A leased plant was and an .'addition that will double the floor industry today. accelerated , tracts.—V. templated. wide in trading to The company recently purchased 605 acres in Dade which it plans to develop into 1,800 residential lots. In. County it plans to develop 15,624 acres into small ranch Pa., States. Jan. on admitted was company nas engaged in a substantial construction and rehabili¬ ations - "Dividend Day" meetings marking tne 70t t- anniversary 01 tuc company's profit sharing plan, the oldest such plan in continuous exist¬ ence Fla Jan. on that Sharing Plan— area Ridgeway to developing tracts Beach farm tation expressedmajority exceot Employees of this company's offices and factories-in Ohio, changed was Robershaw, opinion, Procter & Gamble Co.—Marks 70th Year of Profit corporation Exchange. was Robertshaw-Fulton Controls Co.—Expansion Continues of Phillips Petroleum Co.—Reports Record Sales— it purposes. Palm would held same activities." concurring a 1927, of County, Mutual Fund Commission contain conclusions the of name United in this of American Gtock m business modern the stock the cn business Govern¬ reference of name completed.—V. 184, p. 328. was engaged until 1956 under the name of Campbell. Wyant & Cannon Foundry Co. in the operation of foundries for the manufacture of grey iron an*' ferrous alloy castings. In April, 1956 the company sold its assets to Textron, Inc.. for $15,500,000 and This The $0.23 denying governmental name name. own It common 28 Organized with .the word contribute to Federal Government of that SO.79 Ridgeway Corp., Miami Beach, Fla.—Listing— invest different no ' request $2,393,834 105.335. $0.09 2057. p. share. per "there is no< such likelihood of confusion to render registrant's name deceptive or misleading in view of the difference between the life insurance with approval $1 prospectus and in the eligibility have to sign, cured the misleading ruling 364.931 $0.46 handled as Commissioner agreement that exnermrwe personnel, thnp especially . statements nor 131, Some the and name government . the $4,712,353 42,273 Revlon, Inc.—Secondary Offering—A secondary offer¬ ing of 42,000 shares of common stock (par $1) was made Jan. 31 by A. C. Allyn & Co., Inc.,and Hornblower & Weeks at $25.50 per share, with a dealer's concession of in projects for the wel¬ life insurance would further ihe name. It held that neither approval. a a with that $1,226,081 212.663 on the would for confusion between . —V. Jan. would $2,507,551 share-^ per com. 1956—6 Mos—1955 ■1956—3 Mos.—1955 : . profit after taxes— Earns, group name in purchaser Insurance while to Net participation as An additional Inc., for $10,000. Co., Rcsistoflex Corp.—Reports Record Earnings— The stated policy association which noted misleading effect of ol government Commission denied The opera¬ opening and Of Period End. Dec. 31— funds. its securities in flavor Commission sponsorship a opinion financial or mutual and company "Personnel" interest "Private" or the of Federal sponsorship official an business of GPM and present Pfaudler as the word implication Life sale The for ciation Pltmgr result American servicing. The acquisition represents an expansion of tions through .the sale ol Titan equipment, of the oi centrifuges Denmark. ment been word of & be Sales approval, of the opinion that the.word "Governmental" carry an implication to government personnel the the other of implication employees to officials, investment number to' Perkftrs dfstfibrted to be stocks, the Commission pointed out, is a sold depletion. and depreciation were engaged in the exploration, development ancl of oil and gas properties and in the production and sale the net proceeds of this financing, approximately $230,000 is producing properties. Part of the proceeds also may be used for the acquisition, exploration and development of additional properties. charge, are less be has increasing certificate acquisition of Pitrnar acquisition was nego¬ bank will by implication. ment's approval President 17 Jan. on wholly-owned subsidiary of Pfaudler. The tiated through an exchange of Pfaudler stock. proposed investment any as oil. of the selection of investments adviser." The Fund's announced would $0,72 have deducting shares used to pay off the company's bank and certain other loans approximately S30.000 will be used in carrying out its drilling and development program. Substantially all of the balance of the proceeds. will be used for exploration and development of its non- registrant's the that 517,500 a of of and was "Governmental" Vice- cents 25 a booklet government to approval arid 298,383 Executive load dividends reinvest and to name least at Stakes, the sales and in some respects in other mutual funds." available them after the to cost and charge of 40 cents pet. payments of $50 without with favorable, a to with S25 that maximum managers common respect the of high policy 373,387 Gaudion, A. suited personnel bank a shares and terms found appear Commission in 578,4.,4 Co., Rochester, N. Y.—Acquisition— President, especially a had company operation will and aggregating have common The the assumption by the company $435,447. The properties acquired Raymond Group of approximately stock common liabilities to $1,068,820 mutual to such a said 20.000 with group to company's certain . value with more qualify that followed With fare Brugler, given charge the investment the contribute Mercer as < Would investment 922. p. fund registrant's to customers accumulate further former "do which .:. . and containing;information /with respect to social security, service retirement, group life iiViUrance, and Federal wage scales "hardly the kind of advantage oi- benefit the name of registrant imply to prospective investors." As to the inclusion on the Civil $4,853,921 736,263 alter the by ;t)>c; Fund ■ 1955 c$5,937,218 .Totai;het.earnings_fluw~.i«.m.....^n'.3~3'm^w^~i.i3i. restricted, advantages that asset to significantly favorable, . 1956 be homogeneous financial responsibilities. bank a Commission Service, Inc.—Earnings Increased— Nine Months Ended Sept, 30— to are constitute 'a give make found net and of payment from Gas not or rights at more entirely in Petrolane do would them to Commission transaction Proprietary Ltd., which will be formed as a wholiy-owned subsidiary of Automotive Components, A hew plant foF the:sub$ldia^^ bullt/itt by Automotive Components and will be equipped with machinery by Perfect Circle in exchange for stock in the parent company. The plant is expected to be in production, by late 1957, The new subsidiary will manufacture Perfect Circle rings under a licensing agreement with the Indiana firm. " Automotive. Components Ltd. has five other subsidiaries, which manufacture pistons, piston pins, cylinder liners and a line of piston rings.—V, 178, p. 1880. • limited The corporal ion of sales the are personnel/ The opinion pointed out that such included not only Federal employees but also state, county, and municipal employees, and military personnel, who have widely varying financial positions and investment needs and vary greatly ill their occupations, incomes, and Perfect Circle Corp., Ilagerstown, Ind.—New Contract ponents .Ltd. whom to shares fund Pepsi-Cola General Bottlers, Inc.—New Interests— See personnel characteristics 86,593,789 $61,883,993 $57,569,934 2339. p. of •of further implying that the Fund or its shares have been guaranteed, sponsored, recommended or approved bv the United States. The Commission expressed the view that the government personnel Higher 1956—12 Mos.—1955 1956—Month—1955 $7,363,757 184, government „ Stores, Inc.—December Sales Salcs —V. $1,220,085,325 $1,291,847,123 S199,449,099 $195,594,641 the have Monday, February 4, 1957 •... its "At such a this amend enter trucking time or to the so Secretary. The on public operation but company's the articles include incorporation operations, ana maintenance no specific management plans believes for it engaging should company reported that as of Dec. 31, 1956, National City of record and beneficially 679,969 shares or 43.93T of St. Public Service's in be- in the opportunity may arise," said S. Carl Robin¬ current articles of incorporation provide only for transportation systems. as The held of operators. has outstanding class A stock.—V. 178, the shares of said that examples of the leasing of automobiles, com¬ company cartaee fleet company activities, do would loci for the the statement, could equipment related position son, it carrier automotive would proxy which (Continued on page 51) p. 762. Lines Loul3 Number 5609 )lume 185 Name of Connecticut In first the >unced during the indicate we |second table in which Continental of Company Share * ' When Payable I&C Vending Corp. (quar.) __—1 SugarRefinerics, Ltd., A —__ iquar.j_i_„ erred pre com. 20c 3-15 +$1.25 (quar.) '' 2- called is^ue for 1-30 8- 1 7-30 25c 3- 1 2-11 75c 3- 1 2-11 3-29 3-15 50c 3-11 2-25 3-11 2-25 75c 3-11 25c 3-29 & -- W. H.) Beal"Co./$2 pfd. 3-15 2-15 1 4- 3- $1.60 - 2-23 prior ^preferred 1 Dnblstrom Metallic Door Co.__U'—— 3-20 Dfina Corp., common.'(quar.) 1 3- Jh 1 3- 1 3- 1 4- 1 3- 1 1 2-15 Deerq & on 3- 75c 3-15 3- 29 dividend) $103 at per Convertible ' to share pit s this March 27th__- 4-15 4- itrlcap & Foreign Power terican Home nericarr Insulator nerican .W- (quar.)___— 3-22 20c. ' Pipe 4- 1 3- 35c 3- 1 2- "■ Foundries 25c $3 3- 1- Oil izona Corp. preferred pixfei'red 2c the 2-24 3- 1 2- 3- 1 2- 8 60c 3- 1 2- 8 3- 1 2- 8 3-12 2- 1 IS3.75 1 2-4 59c Eaton (quar.) & Exeter Mfg. 50c 3-30 3- of Ltd. Canada, i.vuk Cigars, Inc., Fajaido 3- Bro.C "Bag Co. 62 V2C 2- 1 1-28 2- 8 1-30 Flltrol 3-15 2-28 Fort $12 2-25 2-14 Foster-Wheeler Corp. ^ryIlium — Steel, Sbb Mfg. Co; (quar.)---* ' Extra Corp. Pitt Stockholders 5 - will 2- 2-15 to .3- 1 2-15 proposal to split the common for-one basis, 1-31 $2 lr*C 2- 1 2- Frontier 1-18 2-15 3- 20c 8 1 3-15 3- 5 2-19 35c 4- 1 3-21 15c 4- %% 2-1.5 2- '2-22 3- 3-15 Refining,* 7% [(quar.) ondinvestment dep. Works Merchandise Fund loston 1 22- 8 rach (quiar.) $1.25 (E. prelerred 5% rown Coinpr.ny jown Rubber this (quar.I preferred Distillers, common : S5 Company, Die net Ltd. Fund, —— investment income) 3- 3-12 1 Cement irom preferred (quar.) (quar.) 5.28% preferred preferred (quar.) preferred (quar.) —; 5.20% preferred preferred — Lines Steamship Janadian Fund. Inc. General ;anadian 4% h'< preferred ;eco-Steel 3- .entral Electric Gas, & 4.75fv |jeiVral Louisiana Electric, 4.50%, preferred Telephone jenlral common (quar.t commo"h & & Chenango Common 4%% Chicago llthilton Fibre, Tool Controller 4 2-16 2- 1-31 1 2-15 1-31 1-31 2-15 1-31 Hobart 2-15 1-31 Ltd. Siiearing & Quarterly 2-15 2-28 2-15 3- 2-15 (quar.) f.$1.25 30c 59:!'8C 2-23 2- 8 40c $1.12% 67%c 50c 2-15 2- 4 3- 2-15 2-11 1-31 30c $1.12% 3- 1 2-11 4- 1 3-15 (quar.i Stamping iquar. 1 Co., Ltd 3-27 3- 25c 2- 1 1-22 2- 1 1-22 I. Indiana (quar.) Stepl 3- 50c 1 1 2-28 2- Petroleum, Ltd. International Resistance International Silver Interprovincial Power 3.30'/ 4.35% 2-15 1-30 3-30 4- 3-12 1 4 2-21 3-15 2-21 5%. preferred 37 V2c 3-15 2-18 North American 5 . 3- 8 1 3- 8 3- 1 2-11 North 3- 8 1 2-15 C. Insurance & 3-12 25c 35c +15c 20c 3-15 2-26 King 3- 1 2-15 Knickerbocker 1 2- 5 3-15 3- 1 f20c 2- 1-23 Katz (incr. quar.) Bros. and Kuhlman 5%% 3- 1 2- 3- 1 2-15 3- 1 2-15 3- 1 2-15 $45c 3-25 2-28 45C 6-251 5-31 3- 2-15 3-10 2- 2 2-20 2- 6 Fund from Electric, preferred 2-28 1-22 3- 1 2-15 $1.91 3- 9 2-25 3- 1 2-15 $1 3- 9 2-15 2-11 2-11 3- 1 2-15 3- 1 2-13 $70c 3- 1 2-14 40c 4- 1 3- 4- 1 3-15 ! ,1.083'4 1 1 3-15 1 3-15 1-31 40c 3-11 2-21 3-11 2-21 2- C 2- 4 2- 8 2- 4 77c 2-14 <80.0326 common 3-11 1-30 2-21 1 3- 8 1 40c dividend). from 3-15 3- 5% 3-15 2-15 2-20 12-31 15c 2- income (quar.)— iquar.) Mines— deferred on (Action this 1334C 1 3-11 1-18 3- — . ' Oil Ohio State Pacific 1 2-13 2-13 2-20 3- 5 2- 8 2-14 2- 9 3- 9 2-13 2-14 3-14 2- 5 3- 333- 3?-i4 2-28 3- 1 2-15 2- 3 2-18 2-15 8-16 2-15 2-11 2-11 2-23 2-28 2-28 2- 8 3-29 2-25 2-15 2-15 2-15 1 at (quar.)— Co. Life Insurance Co. "(quar.) (N. Insurance Fire (Increased Pacific payment common time) Ohio ___— Y.t — 60c $2 25c quar.) Lumber Pacilic Mills (quar,)— <quar.)_———_ Eastern Pipe Linecommon (initial quar,)—--—..—_ 2- 8 3- 1 2-15 Panhandle New Park Electric <quar.)_ 5% conv. 5% conv. 5% conv. conv Parkview 35c preferred preferred preferred preferred Drugs, Inc. iquar.) , — (Kansas City)—- pref. iquar.): Parchment Paper 8:i4C Peninsular Corp. 2-15 1-30 4- 1 Telephone, 25c ' 32%c 33c 60c 50c 5-15 5-15 5-15 3-18 2-15 50c 3-29 $1 $1.50 3-15 3- 1 75c 2-15 (quar.)— iquar.) common iquar.)—— (quar.i. * $1.30 preferred (quar.) ;___— $1.32 preferred (quar.)—— Pennroad Corp. Pennsylvania Utilities Investment Co. iquar.) $1 2-15 20c 15c 45c partic. Paterson preferred Peoples Drug Stores (quar.)—. Peoples Telephone iButler, Pa. 1 4%% preferred Pepper 'Dr.) Co. Fepperell Mfg. (see (quar.) 2-11 2-15 4- 1 7- 1 10- 1 1-2-58 2%c 2%c 2%c 2%c iquar.) (quar.) — _— (quar.)——__—_ (quar.) 4-1 3- 8 5% 7%c — common 3-15 $1 25c —_— dividend Chemical, 45c (quar.)—— preferred 4% Paragon Stock Peaslee-Gaulbert 4- 1 2-11 3- Gold O'Brien 5% 4- 4- 2-15 5c 35c profits) A 3-15 2- 1 3- 8 12c (increased), Production (stock $0,874 31c 62 %c Laug'nlin Steel (quar.,)_ Drug 3- 8 1 2-18 3- 1 3- 1 3- 1 5'/+% 2%; — 3-30 40c 50c Old Republic Insurance Co. (quar.)_ i— 20c Pacilic Fal' East Line, common (quar.i—__ 15c 5»/.<% conv. prelerred (quar.)—32j;!c Pacilic Finance Corp. iquar.) 50c 4Va"0 2-15 25c Co. of N. Y. Johnson (quar.) 2-15 $1.12% $1.31'/4 Northwestern 1-21 2-20 (Greens¬ 1 quar.i, Insurance Jersey Johnson 2- 8 Public Service Co., com. (quar.) preferred (quqr.)__—_/—preferred (quar.')___,_l__— — ' 1 1 3- 1 4-25 3-15 3-1 3- 1 3- 1 3- 9 3-20 3-20 20c $40c $68c 25c 3-20 $1.10 — 3- 3 — 1 37%c ——_— (quar.) Power Ltd., common prelerred" iquar.)__— 1st 5%% 50c 60c 34%c —: 5V2% 2-25 3- 3- 1 3- 1 3-15 $2.05 Northern Quebec 10c 483)c 35c Life preferred (tjuar,) — preferred (quar.) Shore Gas Co. (111.) 1 4- 82 %c (quar.i (s-a) Standard P% —— (quar.) —_ Investment Corp., common-- 4- 1.06 % 5c (incr. s-a)— (increased quar.) (quar..)_————— Common 75c (quar. N. 8 3-26 3-15 $1 3- 1 $38c I$1.25 ' non-cum. 60c - $35c — Ltd. (quar.). 2-14 3- Pipe Line, Extra Jones & — (onar.) (quar.) Light, com. preferred boro. (quar.) Engraving Co. (quar.) Lake Sulphur, common (quar.)— Jefferson 4-15 (accum.) (quar.) preferred Jefferson 3- ?;— preferred (s-a)/ Newfoundland Light & Power Co., Ltd.— $5 8 25c —— Oilier & 7%, Co. preferred 4.40% jahn & preferred 8 ' $1 International Iowa 2- 1 Common 8 9- 3 $2.50 (quar.)___——— Jersey 35c — — Machines ^2 5% York Central RR. (quar. York Dock, common 1—_———- 2- 4- 1 3-15 3-11 3-15 3-15 3- 1 3- 8 3-11 3- 1 - — — New 2-15 4- 1 4- 1 5% 20c 5c — (quar.)__——(quar,)___— Zinc 2-25 3-25 2-28 3- 1 3-25 2-15 4- 1 37%c 50c $2 (qugr,—______ dividend 15c 25c 10% 20c 50c 20c 20c 4% 7%c 4% 40c ——_— v—_— New $1.25 (quar.) Business 1 - Mur 2-14 2-25 , 4-15 2-28 3" 1 7%c — N.ew 5 !1.183/4 — (quar.)—'_ Co. Mfg. (quar.) — ________ Fibre iquar.)— — 3-12 50c International ——— Bros." Inc. 30c pfd< (quar.)— 3-12 ——— (quar.) . — 1 50c Corp.,. 6%% iquar.).— 1 <quar.)_— (quar.)_ Water Silica v---— (stock div.) Corp. Nestle-Le 2-15 $1.50 & Gas Industrial i 4- — Corp L. H. Nehl Heisner 2-11 • f iquar.)' Navnrclh, Cement; 6 2-27 3- 9 50c '30c $1.75 B— Class 3-15 payment 4- (quar.) (Canada-) Ltd. (quar.) Service 3- 1 (quar.):—50c $20c 70c Mfg. Co. (quar.)— Oil (increased) 62%c iquar.>— 75c + Public 50c r iquar.) Products & Stock 1 2-28 5 1.12% ______ Production 2-14 25c 37%c $1 37%c $1.25 , Corp., class A' dividend :— 35c Honolulu 2-15 1 3- (quar.) _————— common Co. National Tile . _____ (quar.)—. Hinde Sc Dauch Paper 2-28 3- 1 3- 1 3-30 3-15 2-28 3-12 ' common Stock dividend— — (quar.)_'__—L--_— preferred 2-28 ?-16 ' — Nationwide 3-25 — B preferred 1st 5% 2-15 3-29 (quar.) Enterprises 4:%'; 9 National Vulcanized 3-15 j 10c (quar.)' Hilton Hotels, common (quar.)-preferred 8 2- — common on -Y/ v Co., Co.: 3-15 2- 3-29 —— 4- $1.25 2-15 30c $1.12% 50c ' 25c 5% 3- 12 Vac 5'i' 2- Inc.— dividend.— Stock 4 3- 1 3-16 . $25c 5% preferred (quar.)— Mining Co.. (quar..)__— Co., Oats 8 3- 35c 90c 4V2C 34c ; iquar.)— taken time* National Teu 3-1 Heel a -Hevwood-Wakefield 3- 2-20 ' 1 3-21 3-21 Hartiord 2-11 V 1-30 2-15 $2.50 3.9C%, pfd. 2-15 2-28 2-28 (quar Fibres, Biscuit National 2-15 1 25c :-- (quar,)/ Livht, Electric Co. was this Stock Co. 2-28 30c 35c preferred (quar )___/— 7% 8 2% Hays Corp., 4-15 —— 3- 1 2-28 .— 2- 4 4-15 (quar.) 1 2-15 +15c ; 3- 4- 2-29 Auto at 1 8 ' 1-23 (quar.)_—— Aluminate National 2-15 2- Inland iquar.) 1 3-1 3- ; 3- 3- 1 Mills ' 8 3- . 2- 3- 1 iquar.) Corp. Vernon Acme 2-15 4-15 ?45c (quar.I_ 3-1 1 7%c 50c (quar.) Corn, Finance National 1 t-J'l 4 2- 2- 1 : Lines .-(quar.) National 1-21 4-1$,, 2, 1... 55c (quar.) Refractories Plvwood Harbor 2-11 (quar.i National ; 1 (stock dividendi__— Y.i (N. Colorado Milling & Elevator ;onduits 2- 3- (quar.) (quar.)__ Inc. ?onimereial 3-1 Haibiscn-Walker 4 2-15 . iquar.i_ Pneumatic Tombined 2- (quar.) (quar.) Rubber Co.___—— National 2-15 20c (quar.) 2- v. 50c ; Co.r common-— common (quaf.)_.._— preferred 5%' Mohawk 1 2- 4%C . Unadilla Telephone— ;ity Products Corp. ;iaik 3-1 preferred 1 1 quar.i Co. 4%preferred 3- (quar.) preferred tineraivui. 4'/<% 4 50c (quar.) Champion Paper 4 2- 3-15 — 5.40% ..pfd. Co., preferred 2-11 2- f30c pfd. thambersburg Engineering S4.50 1 1 3-1 4-15 1 2-15 $9.50 _—— common 3-15 $1.62l/2 — Co., National Shirt Shops (quar.) ——-—-——— Hammermill .Paper, common (quar.) —— 3* Ltd. (quar.i 3-15 22'/a C —' 2-15 of Illinois— Co. Line Pipe Utilities' National. Starch (quar.)—: Watch, Hugoton iquar.) Products 2-15 35c preferred Housatonic i 1 8 2-15 one - B Missouri Underwriters— Hamilton 1-31 Trust, 3- Missouri-Kansas 35c 2-19 (inc.)— Ltd. Invest'd. 2-20 $1.75;,,,/ 3r 1 (quar.) 2-15 *—10c Investment, Internai.®onal Inc. for Murpliy (G. C.) Co. (quar.) — 1 (quarterly derived from Extra ;anidian 2-16 Mount —— 3- J25c investment income) 9 3-11 Motor (quar. )■ __/—-—-— Life Telephone States No.action Corp. (resumed) —— Halliburton Oil Well Cementing 1-31 — 3- two- Haioca 2-28 (s-a» 3-15 40C (quar. K—I— (annual) A 2-15 (quar.)_.— 2-11 25c — American 3-15 —_ (s-a) 1 directors' ___— Co. - preferred series B (quar.)__ ■Minneapolis & St. Louis Ry. (quar.)_ Minnesota Power & Light Co. (quar.)——„ Ohio— Cement Co. three a Meyer (H. H.) Packing Co.— . ' . 6%% preferred (quar.)___——-r- 40c ^____ a 2- Corp.— split of the common shares Metropolitan Storage Warehouse (quar.)—_ 3-11 3-30 3- 15c — Corp. 50c $683/4c (quar.)- (quar.)— common approved Stockholders 3-11 Employees Insurance Co. (Wash., Haile'Mines, 2-19 2-11 33c 33 %c 32 %c. 313/4C (quar.) Insur. 1-28 * 25C $1.75 .1 — iquar.) 75c (quar.)_ tarada Vinegars Ltd. net ; States' Life 1-28 1 2-15 • — 6 55c 27%c 33%c —;—— 5.36'w Western 1 2- Corp., pref. (•quar.)/ Controls & Class on (siock Brass,-Ltdt, common Cl?ss A iquar.) --—- . 8 1 25c 4.40',* 5.08%' 2- 17'/2C (quar.)— 5.30% California 2- Thermit & preferred > Metals ' 2-25 35c $1.25 £c 25c (quar.) -— 1 pva. (s^n )____ 3- 10c ;—_4—:— Teleohone 1 - (quar.) Interstate 1 4- (interim)-.—> Hahn 3-12 $1 87V2C 4'2',f' 2nd preferred (quar.) $1.12% 4.20^/ preferred (quar.)——$1.05 urndy Corp. (quar.) —_ 15c ;ush Terminal Bldgs. Co. (quar.) —12V2C utler Bros. (quar.)„, 21— * 40c alaveras C.) Great 1 preferred (quar.)———————— 3i preferred (quar.)——————— 'alilornia 4- *__- Granite City Steel (quaiv)———————— '.Granitevilla. Co. (quar.i 2-11 4- 4'<> ;anada 1 4- 25c '■< |iirlihgton Industries, commoir (quar.).—„• laliiornia V/ater Service, common 3-15 100% 1 25c D. 8 2-28 10c —_ ucriVcd 25c (quar.) Mig. Class (quar.) (quarterly Inc. Government 3-15 20c (quar.)—- * (quar,)———,— common (guar.)— Machine & 2-20 —--- 25c (quar;)—-———————— preferred |ullock 3- 3-15 £37%c I run in g (Charles > Co. (quar.)—i-—4^ kuell 1 "3-29 3udd 3- 7% 45c a (quar.i dividend Gorliam 9-24 4- $1 ~ *6-25 12-24 time). |rown-Forman 3-15 (quar,)— Telephone Co/ of preferred (quari) Stock aciiorr deferred (dividend Co. — — _—— preferred Giant Portland 9-27 $28%c . Ltd.."class A (s-a) Packers, 3-29 Ltd., '5%% Co., Paper , 2-11 ' of Calif %.% Georgia-Pacific 1-31 12-27 $1.25 (quar.)_i_'__—i_ J.) & Sons (T. G.) & Co., Ltd., 5%/pref/ (quar.) ritish Columbia 4'/;" 6-23 $1.25 riglrt at 2-28 95c —— (quar.)—„—_—_— preferred (quar;)/—; 1—— RR., Metal 15c 25c- General 1 1 Maine & $25c 1 Mersey 2-22 5'/* conv. pfd. (quar.) Genisco, 33- 1 5%> preferred 5% 4 2-22 1% %1 4 60c ■______ on Co.,.7% Co. i40c (J?'.' H.> •& Co. (increased)-— Mercnants Fire Assurance iN. Y. 1 (quar.)— McGraw 2- General .Telephone Co. 2-14 capital gairis)-———$1.01 _ 5 divid.)-.— $2.20 |orden Company (quar.)-——__ nston 2- General Plywood Corir., 79c and income investment lrom (22c front realized 2-15 3-15 (quar.i— receipts old. Iron American shares Co. Trust 5 special meeting a 5 pfd. General 1 30c at March Atner. 8 35c vote on General 3-21 1 held Gas, Inc.. $1.40 preferred General Electric, Ltd.—; 2-28 60c 1 (initial)—— (quar.)i___2:— Bryson & Co. Knox 2-15 3- 1-25 3-10 $10c $$1.12% } 6V4.C 20c Moore-McCormack 1 —'—;—- Iishop Oil Co. (quar,)— w 3-18 ; 2-28 3-29 $1.06% 3-15 „———- 5 ' 1a 4-15 37 %c — 3- be common Harris-Ferguson Ltd., com, (quar.) 4%,% preferred (quar.-)——1 _____ Maule Industries (increased quar.)__„_____ Field) Works .(quar.) iquar.) Co., & W/e- preferred (quar.)-— Bonding & Insurp.nce (quar.) 2-21 iquar.ri_%_i.—:— Bridge 3-1& 30c Massey, 75c — Marshall (see ' 87 %c Massachusetts 2-20 1 $37 %c ■/ _ iquar.) 3- 5c iacfc, Sivalis 2-15 3- 55c ———_— 37 %c . ---— - Sugar 2-25 2- 1 -3--.1 2-28 2-25 2-28 3-31 2-15 3-15 3- 1 3-29 3-20 3- 5 4- 1 3-14 _ 6% 50% ... ~-r-r~ comipoa new 3-15 Franco Wyoming Oil C<?.— 2-28 3-15 25c (stock dividend).— Corp. rtnlehem 8 Field* (Marshall) (quar. Inc. (reduced )________ Hathaway, Marshall Field $ 15c % ■ — Fanny Farmer Candy Shops Federal Glass Co.—— 14'ry, preferred (guar.)—————————— :-ritshire 2-21 Middle Co.— & Mfg. lknap Hardware ■ . __ $1.25 (quar.)____: 185 cpreferred 3- 8 Fair)— The $80c "'(quar.')— common 3-15 50c (quar.)____— (see 3-22 (rtock dividend)—__________ Foods Mills, preferred (The), *—1-' _______ Corp. 3- $1 - (quar.)—— 3-29 (quar.)————_—— Inc. -atrice eaunit 7% Co.. common 1-31 / : (accum.)_; preferred 8% 4 Y.)- liquidating) Marmon Refrigerating Co.—•' — " __ 4-15 iquar. > (Calif.), (initial Co. 5 -J— u__ 60c , (N. Insurance Marathon :——1-— 12 %c ._ Increased quarterly nber-Ellis - Fa;r RR. Shippers Manhattan Shirt (quar.).' 8 __ dividend Stock 1-31 — ^ 4 2- 10% — — I quar.) ^ (quar.) 60c Aroostock Oil 2-14 2-15 —-—— (quar.) 2- 2-15 1 (m ar.)__ — inkers Commercial Corp. (N. Y.) (quar.)_ inkers 1 Corp. Ex-Cell-O-Corp. _________________ Inc. (Calif.) |tker Industries, Inc. (quar. )-& Electrolux 2-11 2-11 3- 30c Construction Metal ingpr 2-14 171/2 c (Quarterly 2-15 5c —— Corp., class Flectrographic Corp. ''(quar.) 1 3- (quar.)_____ 4 25c quar.) iquar.)___—_i__-V-—r- A Co. 2- —-— Fdo 4 3-15 933/4C __ 2- Class 2-4 1 3-15 30c __________ 1 Waters, Puritas & 3- ('2c ' 50c C.) 37 %c (quar. i_l—__ com." (initial 7-23 2-5 (quar.)___ (R. 2-15 4 ___r—___ Cp. .(quar.i 10-23 2-15 $3 25c 3oc ,10c Manhattan " 75c —^ Mfg. 8-1 11- 1 (quar.)i__ _________ Herrington, Inc. iquar.)_—— Mahon 30c Associates L'ddv,Paper Co., Ltd. ' _ common Utilities Eastern 1-23 4-15 3- 8 Magnavox Co. (quar.)-___ Stock dividend ___——y___J— 2-15. 4 Eastejn Corp., iquaixj'__;_— 3- 1-23 4-23 ( 5% 30c 2-15 1 — Ltd,%interiml East Sullivan .Mints, 4 2- 37%c 2-14 1 - 4 2- 2-21 7 3- __ 2- 2- 8 2- —% 2- 2- 2- 4)c div.)__ 1 2- 2- 3- 1 S 2- 2-25 2- 8 3-15 25c (quar.i 1 quar;) (annual) j row-Liqucrs Irowhead preferred 3- 3- 19561 (quar.)_. i quar.) Corp. 4% 2-21 2-28 common 2-28 ______ 3- V'" _i. (initial Cork, (stock Common * 4 3-15 2-28 2-11 25c $1.25 class B Ltd. (quar.)-——preferred (quar.)__^ — —Co.'; 2-15 (quar.)liJ__—_— 27 %c (quar.) prelerred Inc. 3-15 (extra)--,J20c Macmillan 12 VaC — Eagle Fire Insurance (New Jersey) 2-14 3- (quar.) pi"d.> ipartic.) Co., 3-15 " (quar.)—------Laboratories,'common-—_ partic —._—> 20c prelerred Film 2-15 1 $1.75 $1.75 $1.75 15c 3-15 2^1 5- 1 $1.75 — (quar.)__—_—__ (quar.)—______— (quar.) Inc. $30c 62 %c _ preferred tquftr.) 6%> Du-Art 8 non-cum. 25c C0.7 common Duvircn 4% preferred $5 - 62 %c ' /— November of Steel Tmstrong mis 3-15 (initia'ly quarterly of 60c plus share, lor a three day period at end rincp isin 8 pfd. per IS4.35 preferred "t 2- 25c (quar.) S2.40 ' Drackelt 7, 28c (quar.) $2.36 2- 2-/8 81»/4C : Service, common— preferred 2-21 2-11 $1 ________ $2.50 - 2-17 3- v Investments,.Ltd.— 5%, preference (qua®,) Donnelley (R. R ) & Sons' (quar. Donohue 'Bros., .Ltd." iquar.)— 4! 2- 5 25c. (quar.)__ SI.10 3- "$1 '' >w (quar.) Public 2-15 t | preferred 7% MacMillan & Bloedel, $$1.25 $1.75 preferred '(quar.i—*— preferred (quar.).y non-cum. 7% ' non-cum. 3-1 15c ; 7% Lucky Stores, Ltd. iquar.) —*__r—' 2-15 3- 1 3- L 3- 1 3- 1 \3-ll 2- 1 +37%c $51 %c45c Hotel,, common'(quar;)_ 7%. non-cum. , 1-23 »' ' common preferred* partic. go — Corp., Investment Anglo Dominion-Scottish 60c 7 quar.)— Extra Co., & 5%. preferred 75 c ) rnerican Tobacco Co. (quar.)w——— Farms .*■ 3-15 $i' iW; ^ Pepper* Co/ (quar.')_j. Dominion 3-5 3-1 30c Seating Co.' (quar.)_ lerlcarr Ship Building Co. <N. J.)— lerican' Smelting & Refining Co. (quai Steel 8 2-11 2-14 .j5c 20c - nerican \eriean Dr. 2-11 3 3- Baltimore common... 2 4- 3-1 +60c J51%c — 8 2-25 3- 1 tlOc —_____ preference Gas (quar.) Lord 8 $1 (quar.) — (quar.) A Star 1 - —Iw-fl (quar.)^__ (quar ). Construction & 3- 3-11, - „ 36c - (quar.)_ ;—. Products Corp.- (monthly). &* Electric Gas Denver Union Stockyard 3-29 $0.9167 1st pl'a.__ (quar.)—— preferred preferred 2nd ■>'. 37 %c A 8 2- 4- 1 3-12 2-26 3- 9, 15c '$1 90c +10c —-—_ 1-31 2- 3-10 4-15 3- 1 4- 1 4- 1 4- 1 62%c — (quar.)__ class Cos., Lone 5 preferred ,(qt(ar.k_ij?___Zk-_'----._---- 7% - 40c Irrican Enka Corp. (quar.)— 1st 5 9334C ------—-- (quar.)J (quar.) Loblaw Groceterias Cq.( Ltd., 1 4- 25c commotv,/preferred A^(quar.)_______; Col, common ,(quar.) 33/x% (quar.) common Cady Co. $2.40 4- " March 1 2-18 4- — Class B (quar.)______—_—_____________ ; $1 _________ & Loblaw 15c (^uar.) A Valley Coal, $3 non-cum. Libbey-Owens-Ford Glass (quar.) 2-21 2-20 75c (quar.)!__ Lehigh 8 50c iquar.) preferred Ltd., class preferred $2.50 Lee 3-14 (quar.) A (quar.) common Inc. Co., Leath & 5c S1.50 45c 5Ss«c 30c S$1 *$1 35c — Class B * 2-25 (quar.)_+— Jones, & 5% (quar.)_ 2-11 2-20 2-3 2-20 2-15 $1 Champagne & Co. Bryant, Lawson of 1 3- 5c ■■ _ (quar.)____- prior pfd. $4 Lane - 25c Itic." (quar.) J— of Rec. dividend) (stpek convertible 4.75% 62 %c Holder* r <fc Sessions, Lamson — _ Steel Laclede $1 1 25c ' 2-20 1 ______ Publishing;Co., 2-15 3-15 Cyanamid 1 2- Wines Salle La 62 %c iquar ) Cork & Cuitis ,3- 9 $1.25 Co.-3%% pfd. series tierican Colortype Co. (N. J.) (quar.L.--(entire redemption 3- tquar..)-__— (quart (G. Crown 4 2- $1 $$1.30 — is-a.1 Crompton & Knov. les. Corp. _i qurr. 1 2-15 8 2-15- 75c (quar.) Corson 2-21 3ied Products Corp. (Fla.) class A -I 1 20c Jha! Portland. Cement• (quar.)<„______37YaC lerican Aggregates, common (quar. )__ 25c iied Chemical & Dye Corp. (quar.)___—_ lerican (Toronto) —z (Tepn.) Inc. Kusan, 5 $$1.30 Insurance preferred Coro,. Inc. 2-20 2-15 2-14 Institute Hamilton preferred ,) < quar.} 2- Annual' 2-11 2-25 (quar.tk_^____l____— Life preferred 6%. 3-12 (J. exander 2-27 " 3-15- -Co.",-— 15c Imes Wire D.) Manufacturing (special)___— Co. (quair.) __—50c 50c ams 5% 9 3- 2-15 3- 25c —- 3-10 1 1' 25c 25c When Payable of America— Knights Life Insurance Co. 2-15 l iquar.) Paper $3 prior preferred (quar..i^_-/l_'_ Cooper-Bessemer Corp. "(increased quar.i Copper,wqld Steely common,jquar.f_— 2-11 4- 1 * of Rec. 4-1 ■% $12%c $30c 3- iqua.yl Power & Semi-annual *, Holders 2-25 class Co. Cook Paint & Varnish,/common (quar.) Per $1.20 56 V4C (quar,)__ Per Share , Name of Company Paj/abZg of Rec. . , of America, common preferred 4% we lyment date. adia-Atlantlc Water, Container Corp. show the payments previisly announced, but which have not yet reached their Name Paper Share ' Co. Consolidated an- Then we follow with the current week. Power Consolidated all I Dividend announcements are grouped individends two separate bles. Company Holders When Per DIVIDENDS 13- (617) The Commercial and Financial Chronicle ... Dr. com. Pepper iquar.) , 2- 8 1-23 2- 9 2-15 2-15 2-15 1-30 2-15 2- 8 2-28 3-15 2-25 1-31 2- 1 3-15 6-13 9-16 12-16 2- 1 2- 1 1-23 3- 3 4-25 4-25 4-25 2-21 1-28 3- 1 3- 5 2-13 Co.) 2- a 14 The Commercial and Financial Chronicle (618) — — ... Monday, February 4, 1957 ; • —— 1 Per Paul, Inc. tquar.) Extra pheoll pref. 2-15 Trvitz, 1 2-15 Union 25c 3- —-—-— 50c 3-31 iquar.)_ 3- 3-31 ,„,5c — 1 3- 1 3- 1 1 Corp. preference 2-11 Air Stock Car $5 Coke 2- 1 United 2-15 2- 1 United Insurance 3-1 2-15 2-15 preferred (quar.) ' Stock 5% dividend preferred A 5%% prior Potash Co. Princeton Illuminating preferred (quar.) America (quar.) of (N. J.) Providence-Washington Insurance $2 conv. preferred (quar.) Public Service Co. 2- 8 2- » Universal 2- 8 Universal Insurance 45c 7% 1-20 A 1 Consolidated 1 Van Raalte Co. 3- 2-15 2-15 —$1.05 3- 2-15 27c 3- 2-15 3- 2- (quar.). ________ ' (quar.) 25c Hay-O-Vae ; 20c class A 1 Coal & Corp. Vulcan 1 & Walker 7 Mold Mfg. Co. V Common Refractory & Rexall Insulation Corp. (N. J.) (quar.) (quar.)'_ ; • Mfg.— ,^<No Richfield Oil Riegel taken Co. Paper Robblns & on Iron Myers, :-$l.50. partic. Inc., Wisconsin, of Class A pref. Common 5%' Warren 8 2- 1 1-18 1-18 Watson 2-15 Co., Wesson 3- 4 Western Spring Axle (No action this 3- 5 Wickes 3- 5 Will preferred 1 3-30 2- $1 .. 1 22- '' • 50c 3-10 2-18 $1.12% 4- 1 3- 8 St. Paul Fire (quar.) Arms Searle (G. Selected ____—j.-\. (quar.kC Insurance- "... Corp. v (quar.)__ & (quar.) D.) Co. series A Co. 2- 4- 2 3- Smith 4- 2 3- 1 Southern (quar.)_ 4%■%, 5.05% preferred (quar.i Southwest Natural Southwestern Spartan Mills Chemical, preferred 4.20% Stamford %_■" Oil Oil Stange (Win. 1-25 (New J.) $3.50 3- 2-15 1 3- 1 1 2-15 1 2-15 3-15 Alan 2-15 3- 3- preferred preferred 5% 3- 3-15 3-15 3- 3-15 3- 4- 3-20 40c 1 4-10 4- 2-11 2-11 22- 35c 3-11 2-11 55c 3-12 2-11 (increased)__ 35c - 3- 25c 2-21 25c 3- 1 1 $1.25 3%% 4 i $1.25 (quar,)___ Sterling (J. Stonega Storer L.) 25c Broadcasting Co., Class B : common Corp. (stock dividend Consolidated Mines, Ltd. Sutherland Paper Co. (quar.) Taylor Fibre common Texas amount Company 5% preferred 5.50'i, 1st from 5.85% Texas Gas 5.40% 4.96% ■ $1.25 4% The preferred Fair Ltd. 5%% 1 American 2- 8 5% 3- 1 2- 8 5% (quar.) ^ Toronto Iron class A Townsend Travelers Treesweet Co. Anderson 8 Andcrson-Prichard preferred series Ltd., B Corp. 3-15 4- 1 3-15 4- 1 3-15 3-15 2-28 3-13 2-20 3-13 2-20 20c (N. Y.) 4-15 3-29 4- 3- 1 31 %c 4- 1 31''4c (quar.) 4- 1 1-30 8 3- 8 3- 8 1-25 25c (quar.) 2-19 2- 8 30c (quar.) 2-28 2- 7 $25c 4- 1 3-15 j25c ' (quar.) 3-15 1 5;^ (Hartford) 1 quar.) 1 4- ji5c - (reduced) Products 4- 31%c 4- 1 3-15 i5C (quar.) * 2-25 2- 5 25c 3-11 2- 8 12%c 50c 2-28 3-15 2-18 2-28 (quar.) * $5.25 Arizona preferred Armour Louisiana & Co. Aro $5 Corp., & 3- 2nd 2nd preferred Associated 5.25% (quar.) 1 Carborundum 3-15 3- 1 Carlisle 3.15 3. 22- 7 3- 2-15 3- 1 1 -li— 1 Dry Goods, common preferred (quar.) Common & - : : -iquar.) 1 7- Atlantic Coast Line Atlantic Coast Line Atlantic Atlas Refining, Corp.. Air Co. RR. common common 5% ' preferred Line Ry. Co. (s-a) (Conn.) (quar.) (quar.) 4_ <quar.)_ iquar.F (quar.) Ltd. 5 4—1 Extra Class 4-29 4- 9 7-29 7- 9 10-29' 10- 1-14 9 3-15 2-28 2-15 2- 2-15 1 3- 4 3- 4 2-11 1 2- 3- 2-15 1-31 $25c 2-28 1-31 3-20 2-20 __ com. $10c 2-15 $15c 2-15 1-31 4- 3- $37 %c (quar.) $$1.06 »/4 3. 190c com. 1 3-15 4- 1 2-28 $31 %C 4- 1 2-23 $6c — 4- $37 %c (quar.)— 3- 1 1-31 $20c 2-15 1-31 $75c 2-28 1- 4 2-28 1- 4 — (increased) (s-a.i $$1.07 1-25 3- 8 2-15 12 %c receipts class 3- 1 2-15 3- 8 B Co.. .. . iquar.) 2 1 2-15 $13c 2-28 2-15 2-28 $25c preferred .____ common (quar.) . 5% preferred -B — . pfd. (quar.) preferred B West Ceco Steel Central Products Corp. (stock 2-20 4.15% preferred preferred preferred 2-8 r div.) £_ —, Vermont Public Service, com. 4.75%. Cerro de Pasco (stock. diV.) Cessna 12-25 Chain 3- 1 S3 Belt Co. Oil & 2-20 9-20 9- 7 12- 7 1-31 40c 2-15 2- ■ 3% ' - . 1 Chase 2- 1 Chesapeake 3-15 2-21 )5c 3-20 3-15 2-28 3- 25c (quar.) 2-15 4 4,1t31 1 2-15 . 1-31 $1.04 4- 1 3-15 -$1.16 A- 1 3-15 $1.18 . 4- 1 3-15 2 5% 2-15 1-21 35c 2-28 2-15 3-12 2-15 : (quar.) 50c 2-25 2- (quar.) 75c 3- 2-15 8 Refining— nreferred Corp. (quar.) Manhattan Bank Corp. of 1 15c < N. Y.) Virginia Chicago, Burlington & Quincy RR. Co. (Continued on . page 2-15 30c , 2-20 60c iouar.)_; (quar.)_ 2-28 25c ...2-15... " 30c Channing 2- 3-12 8 8 2-28 (quar.) convertible 3-12 3- 3-; 8 .6- ' 12-20 dividend Champlin 1 3-20 6-20 . 5% Aircraft Stock 3|J 1 3-20 • 40c iquar.) • 2-18 2-15 $1.25 (quar.) 3- 1-18 • $1.25 iquar.) 4.65% 3-1 9 $1.25 (quar.) (quar.)__1'lx—_i_—__1_ 2-18 -3-12 $1.31% 1-18 2- $1.25 ^ .. 1 2-8 9 $1.25 1 (quar.)—. South 1 3-1 2- . (quar.)— B & 3-15 50c 2-15 ' 4 preferred 3- 2-18 2-15 2-28 $1.25 iquar.) 4- 2-13 2-15 2-23 $1.05 5% 25c 3-15 3- 60c .» (quar. Co., 56V4c 3-15 2-15 $1.12% (quar.) : Soya iquar.) Century Food. Markets 3-12* 3-15 2-28 (quar.) Central $1.25 2-15 1 $5c of Georgia Ry. Co.— preferred A (quar.) 5%' preferred B (quar.) 2-28 37%c 2-26 3- 56%c pfd. class A 5% 3-22 1- 3-11 60c 4%% Ltd., 5% 3-14 8 1-16 50c (quar.). (quar.) & 1-25 2-15 40c Central , 5%, -4-1 2-15 $$1.25 dep. Products Foundry Central ,2- 8 3-20 Corp.— — B 4.20% g .. 1-31 1 4-15 8V4% Caterpillar Tractor, 2-8 ; 5 $5c; 1-23 50c 1-31 2-11 19c ________ (quar.) Ltd., common preferred 3-15 ~ 2-15 10c tquar.) Pirie Scott 2-15 50c 2-15 55c ordinary Amer. Food 3-29 50c 8 50c : (quar.) Steel Corp., 4 %% - $4.50 3- 31c (quar.) (increased quar.) Catelli t. 2-15 3-1 25c 2-15 12-31 2% — 1 quar.i Carson 2-15 3- 25c (quar.) Charlotte Carrier 2-15 1 $1.25 *(quar.-)_ iquar.)__!_ dividend) iquar.) ( final) ord. 30c (quar.). 1 15c Co. Corp. Carpenter 2-15 33- ' 1 3- 2-15 Ltd.— preferred preferred Carreras, 7 2-21 Atchison, Topeka & Santa Fe Ry. Co.— 'Atlanta 4 % % 1 2-15 25c 2-15 y3- 30c (quar.)—. Ry. Utilities 3- 25c pfd. 1 2-14 $25c 2-28 ji5C com. -(quar:)- 1 2- 2-28 $32 %c Ltd., pref. Pacific 3-15 $i5c L preferred - Breweries conv. 3-15 ... 4%% 2- 1 50% (quar.) Mortgage quarter- 2-is 10% 3-11 : 3- — Permanent Canadian 3-18 " 4-10 1 3- 30c preferred (quar.)___ 1 ~. 3-18 $3 3-4 3-29 (quar.) Refining, preferred $1.50 $5 Oil Foundries, 4-1 5% 1 3% Co. $1.31 Va 4- $1.10 1 Ltd. ' 2- 15c - — common Marconi ' 3-15 2-15 $1.10 iquar.) Ltd., Canadian 3-18 (stock, dividend) Equipment Ashland Iron Central 'Armstrong Rubber, class A (quar'.Tl Class B (quar.) 4--—i 1 _______ (quar.) Canadian Oil Cos., 3-29 (quar.) Gas 4- 30c (quar.) (quar.) com. Canadian 6-26 Bancorporation <stock dividend )____ Arkansas Fuel Oil Corp. 'Arkansas Ltd. 2-20 30c (quar.)_____ 3-15 <quar.)_ 1-31 , series) 1 1-15 1___ (1955 4- 15c (stock Power 6-29 5 ; . . 4 3-15 $$1.50 preferred 5 2-15 (quar.) Quarterly ___________ Anthes-Imperial Co., 2- 1 55c Sons 3-20 Anglo-Newfoundland Development Ltd.—''-' 4 A & 2-15 15c 4% -preferred (quar.), Anglo-Canadian Telephone Co.— Class P.) Foils Canadian 5 53%c common 1 4- 15c 7- $2.25 2- Trust, ouar.) common iquar.)., Oil, <s a) 4 3- $50c - (quar.)___ (quar.) preferred $1.25 37%c quar.i 3-15 10c , . Worts preferred (increased 3-15 2-25 jqc . 2-14 31 %c 1 30c . Investment Trust Co. $4.50 Electric 2- (quar.)_^_„ Packing Increased 1-24 3- 37%c (quar.)_ 1 Co. Electric A Canada 1-22 2-15 15c 4- 4C $1 (quar.) 2-20 $1.12% (quar.) 1 $1 . ^ u General pfd. 4- ,25c tquar,)....^ (quar.) Amoskeag Co., 9 $1 $1.24 ^ - B Insurance Co. Temper 8 8 2- 8 2- 2-28 B 2- : A 6% 3- (quar.) Cement $1.30 3-15 class 1 2-21 3- 31V4c 1 2- Canada 343«c 3- 1 2-15 (quar.) 3- 3- 1 Glass, common preferred (quar. preferred B 65c Window 2- 3-15 3- 5%> $1.35 (quar.) & preferred Co., 1-23 J25C Mfg. Co., preferred Co. (stock dividend) Land California 1-25 „ 6 (quar.) (J. California 2-1 prior 1 25c 2-8 Canada J.) 12-24 2 6-25 2- i 50c (N. 12-27 (quar.) Timber. 3-5 Corp.— (quar.) Works 3- : (quar.) Title Guarantee - Co. $1.37% (reduced)_i._l. Co. (annuali__. Titan Metal Mfg.- Co. (reduced True 7 2- 1 ^ Tiffany 60c 2- 9 Inc., common (quar.) preferred (initial seriesi non-conv. Water 3- Markets, 5% Shipbuilding Co. com. (quar.) 3-1 $1 Pulley American 9-24 4, 15c Co. 25c American 9-27 95c &■ Class (quar.) 6-28 $1.25 Co.— Co. 62%c (quar.) ■4-5 $1.25 3-15 1 Canada (quar.) 6-14 Gas $1.25 2-13 (s-a)__ 1-21 3-11 $$1.12V2 Biscuit, 15c J.I i; 3- 4-1- 72c Terminal Bush 2-20 -2-20 ..$1.25 iquar.) Co. Falls 25c 2-15 3- Burry ,3-15 6c -"$1.25 35c N. Chemical 1 3c 3-10 • iquar.) Stores Drug Burroughs 2-15 50c - Ltd.— Quarterly Quarterly 1-31 4- net (quar.) preferred A: 2-13 (quar.) & 6-23 2-28 (Toronto) conv. A preferred 2 Burns 4%% pfd. Co. 3- $1.46% —L 5% $4 3- from 13c net ' % 30c 4%% .3-15 3-18 25c 87%c Telephone, preferred Hill 2-15 (quar.) $1.1384 common (quar.)_, Thorofare Class &0c ^ Manufacturing Canadian 1 35c • (quar.) Extra Third income (quar ) 4% preferred Thatcher Glass Potash Common 1-28 2-15 and from preferred Bunker Hill Co. 3-1 2- ($1.20 ♦ L_ Taunton Brunswig Buck 50c (Newark, Ltd., $1.25 common preferred Meter American 2-15 $1.12>/2 (quar.) preferred American 2-15 3- Metal, 3-18 3-15 Insurance 4-1 5c 3-15 1 3-30 \ $1.33 Co. preferred Window 1 (quar.) ^ B Shoe 1 (quar. 1 4- 45c $12 %C A 1st 1 — American <quar.i__ (quar.) Transmission, Texas Toy Co. Textron, inc., 2-15 4-16 Furniture Hospital Supply 4- $1.40 Fund Columbia 3- quar.) $1.06% (quar.) 3- (quar.i 2-25 (quar.) Cordage 50c (Increased Tiling 1-25 3-11 (quar.) Green Brown Inc— Cable American i_ com. (quar.) preferred 3-15 & American (quar.) preferred Encaustic 2-15 2-15 & Brass (quar.) (From, investment Income) preferred Brown 1-25 4c 1 1 2-15 •'*15c 1 (quar. $1.12% income 33- 50c income) preferred 25c (quar.) $1.06J/4 < quar. )______ conjmon 1956 preferred 87%c 6c earned (qiiar.) preferred 1 net Co. 2-15 ,1-23 t60c $2 (quar.) preferred 3- from 2-15 1 Brooklyn Garden Apartments, Inc. (s-a)__ Brown & Sharpe Mfg. Co. (quar.)-_____ 1-25 45c 1 3- 2-20 Calaveras (quar.)„__ 9 3- 25c $1.18% Borough Gas, common 4.40'rt--preferred (quar.) Ltd.— (quar.) 2- : * Fund In Aluminum 4.40% 1-25 2-18 2-18 50c (quar.) 7 1 12 %C (quar.) Brooklyn 1-25 30c 2- 3- Co,___. common Mutual gains- J25c Semi-annual Inc.— Eastern Transmission, 4%% preferred (quur.)__ • 3-14 2-18 93%c 2-28 15c _____ Mfg. 3-16 capital $3.80 2-15 50c (quar.) 7 5 3-16 Ridge '' 3-15 1 50c Shares Chain American 1 j:6c (s-d) Texas 4.75% 3- 50c (quar.)_; 4% convertible preferred Television-E'ieor.ronics Fund, Approximate 4 3-14 Board American 2-15 5%. (interim) (quar.) Co., 2- 1 1 3- 25c ; 2- t 2-28 4- 14c iquar.) American American 3-15 12V2C 9 2- 2-15 2-28 2-10 6% 3-6 quar.) 2-15 3-1 10% \ 3J30 Brockton 2-15 $1.25 common Can 4 8 3- 50c Sullivan Transit 3- 2- gc Stratford Syracuse 3-15 (quar.45c (quar.)_ 4-1 > 2-18 25c $1.18% tquar.)_——_ —_________ 3-34 Broadway-Hale 3-15 $3 (quar.) Business Quarterly 12-14 $1 (quar.) (increased) 1 25c - 3-29 2,15 4%% 2-15 1 quar.) 3-10 75c Class 2-15. 1 (increased 3-29 1 30c <fc Tobacco, Brantford 2-18 5 4- Machines, Inc. (quar.) 5 75c Bowling 2-18 (quar.35c common- 5 44- (quar.) 1-31 . 3- (quar.) American 9-14 12-31 ioc Coal & 9-30 $1.25 Box 1 4- . 4- 7%c $25c 1%.% (quar.)_ common $5 2-15 1 .13- (s-a)__ Bakeries, common preferred (quar.) American 6-15 yti.vs Sons & Coke 6-29 40c (quar.) preferred % % American 3-15 5 3- (quar.)______ (increased Airlines, 1 - ~ 1-31 1 3- $1.15 American 8 3- 3- V • 1 (quar.) British 2-15 10c - Boston <k Maine RR., $5 preferred (quar.)x_ $5 preferred <cuar.)________^. ■j- 2-28 50c (quar.) Ltd. 1 2- preferred 3%% 3-15 $1.12% Canada, 2- 1 preferred Class (quar. of preferred Aluminium, 2-15 3-30 Co. 2- 3-15 4-10 tlOc * (quar.) $5 7c Co. 1 3- (qua'r.)__ Bohdstock Corp. -Holders 2-15 15c Inc. 2- 3- 1 convertible 6% Bolm Payable of Ree. 32c com. 3-11 1 iquar.) Co., Investment real¬ (s-a) preferred American 2-15 2- Co., pfd. (Louis) 4% 8 Co from Bros, - ___— Aluminum 1 3-11 ..... Control $3.75 MWhen undistributed 27c and Ry. Co., 1 3- Co. & Blue ? $1 (quar. Mills, 2-11 1 from common Business 4- $$1.25 - A Shoe, Gosoetfc ■ 8 10c Alloy Cast Steel Co. (quar.) Aluminum Co. of America, common 1 2-15 3- Steel C.» 3-11 8-26 £%' convertible : 2-15 3- - . 8.) Howell ' 5c (quar.) < quar. Laboratories Allis 2-15 preferred Stifel '2-18 3:1' 3-29 Share -- (quar.) Allied 3- $1.05 * Stores, Ltd. (quar.)__ Inc., common (quar.)____ Allied 60c 1 • Shoe Vicksburg 1 — preferred <fc Bloch , these being given in the Participating 45c (quar.)____ Aluminum Products 1-31 2-15 '- 75c preferred .(quar.87«/2c Co., 4.20% pfd. (quar.)_ * ' $1.05 7%• partic. 33- $1.25 (quar.)__ • announced In preriou* The list does not include divi¬ (quar.)_______l_;_____2_ preferred Extra 3- 3-15 $1.50 & 4- $1.06 (quar,X__. Birtman Electric. (quar.)__^__—__x Blackstone Valley Gas & Electric— 4.25% preferred (quar.) " 5.60% preferred iquar.) Bliss ' & Laughiln, Inc. ,(quar. 2-11 . 1 50% Power (R. Allied 1 3-15 (quar.) preferred 5% 2-28 2-15 20c quar.) income preferred Wood 5% Allen Stecher-Traung Lithograph Corp.— 5% '• — " , . 3-11 Ltd.— 4-%%. preferred (quar. preferred iquar.) 1-31 3- ; (5c Corp., prior Alabama $1.06'A Stanley Warner Corp. (quar.) Statler Hotels Delaware Corp._l_ 5% dividend)_xl_ (quar.)_; , , 4- 1 $1 '•434% 1-31 2-15 ill.37% gains)— Gas Alabama , $1.26'/t Jersey) capital Alabama 2-11 $1.1834 (quur,)_ (quar. )__;_: this .week, . Inc. Air Reduction Co., 4.50',« preferred 1-22 2-22 (quar.45c (Indiana) (stock Co. (initial Fund, Aeroquip Corp. Agnew-Surpass 1-22 25c (Calif.) pfd. iquar.) Products investment net 8 $1.12% (quar.) Standard Oil Co. 1-25 , Industries ized 2-21 26c (quar.). (quar.)________ <quar.)_____ Co. 2- 25c __ 2-15, 5-16 4- i. class Aircraft & Best 1 give the dividends we Precision Advisers 2-28 34c common Co. 1 26%c : <quar.)____; Water Standard Standard 4- 3-12 20c Gas Co., $6 pfd. A (quar.) Insurance (Dallas) (quar.) Life Spencer . __ Ltd. Corp. announced 4.60% _ : 25c , (A. Bell 2-15 2- 6-14 9-16 175c Stock dividend— Belknap Hardware , „ 3-22 8 10c (quar,)_„_^__ Addressograph-Multigraph Corp. (quar.)____ 2-28 25c ______ 1 3- 5c Co.'; Acme 2-15 40c _____ 43A% preferred (quar. )___„__ 5% preferred -quar.)__ 4- 2-15 2-21 4i-20 — Paper, Distilling— Bell 15c Per 1-25 1 i 2-15 50c —__ Gas, common preferred (quar.)__ preferred (quar.) 3-22 25c Name of Company Chemicl— Union 4%% 1-31 3- 5c (quar. )__£__ preferred (quar.)_ preferred (quar.)— 2-15 1 3-14 $1.75 dividend 4% % : 30c ________ (quar. 5%> (Rudolph) Below 5 70c preferred 4%% 5.44% 1 4- 115c ■' Common payment was omitted at this time. Soul hem California Water, common (quar.) 4% &; Acme i._.y Agricultural 3-11 4- 5-16 8-26 $1 (quar,) & Lumber, Beech 3-15 50c common preceding table. 1 $56:/4c x City Stockyards, common $1.50 partic. pfd. (quar.) Sivyer Steel Castings Co. 2 2-21 6-14 47 %C iquar.) payment Beaver Beck 2-11 4- 20c weeks and not yet paid. 1-21 _ Sioux 3-1 "/ 2-11 30c 2-13 2-20 t50c (quar.) . (quar.) 1 95c -— Co. Radio dends 1-23 2-27 (quar.) _____ Lighting 1-25 1-25 2- Linday & Curr (quar.)______40c Siegler Corp. (Del.) ,_J; 20c Siiverwood Dairies, Ltd., class A (quar.)— 115c Class B. 1-21 3- 1 9-16 $1 common (year-end) (James) Stock 3-15 1-31 50c (quar.)__— 3-14 4 1-25 3- $1 : (quar.) B Cash 2-15 3-30 Beam , 4-10 25c Sibley, Simmons 6 30c * , preferred series B (ouar.)___ Silvray 6 1-31 25c Indemnity (quar.v Water & Power Co.—$ preferred 4Yi% 2- 4-10 75c 30c S-ockyards ;.(quar.40c - Risks Shawinigan 4% Marine Unidn . Savage & 1 % 15c (quar.) H.), Ltd., Power A Clasr 1-15 3- 8% dividend)__—____ 2- 4 50c iquar.)___I______________ preferred Class 2-19 . 2- Paul Co., (quar.) ■ (quar.i___ preferred 4y*% 3-11 10c B.) 1 1-28 60c Dessauer (G. Wurlitzer (quar.) Joseph Stock Yards St. (J. Woolworth / St. & Zenith (quar.)" 3- 534c iquar.) 3- 3-15 50c (quar.)__ preferred 4%- Bathurst 8 A 2-25 20c 750c 7% ' 8 $1.12 (stock Candle preferred Wood 8 com. 011 2-28 3- Corp. dquar.)_________^, Wilson-Jones 3-15 2-15 3-15 75c 2-15 $5 1-31 35c pfd. 1-25 4 25c profits) 1-21 class 3- 12C — net common (quar.)_^ Hyaro-Electric Co., Bangor 4-26 (quar.)rj & Baumer Wolf % ;(quar.)_i_-.j.„_w.._—_ Ryan Aeronautical Co. Fields Paper Williams 3- 2-15 1 5 3- 2-15 1 Whitaker time) 4%% Oil (from preferred 2-11 5- 2-21 3-15 i— taken preferred 2-13 1 1 2- 4.80%- 1-14 3-15 50c 4% 1 3- 3- 75c (quar.) 4 4-15 i (quar.) 3- 75c Snowdrift, 6-15 and profits)—. (quar.) preferred (quar.) , (quar.) 2- 20c income Common 1-21 2-15 $25c RR., 4% 4-26 3-15 $20c (Jacob) Common Ohio 1 1 3-11 Pittsburgh Coal Co.— payment, at & 8 1 Participation Westinghouse Electric, common 3.80% preferred B (quar.)_ Westmoreland, Inc. (quar.) Weyerhauser Timber (quar. ..,v;%r' preferred Baltimore 2- 2- Transportation, & 9c iquur.)_ 2- 5- Western 3-15 v; Ruppert Bros. 2-18 7 security 1 30c common preferred 3-18 3-15 Ltd.— Rockwell D.), Oil 3- 50e (quar.-)_- non-cumuiative (S. $4.50 1 37 '/2c - •—^ (quar.) Rochester & 2- from Collc-ries 2-15 1 30c (quar^_ 1-21 1 ' "A"— Science & Electronics 1 (quar.) com. 7- $1.90 investment 3- 12 %c (quar. :—16%c (quar.) ' , 3- ^_______„ 75c (quar.»__— common preferred Participating Robinson, Little & : 15c (quar. IOC div.) class net Ayrshire 2-13 65c — 2-15 Inc.—- Electronics Fund 3- quar.) preferred 2- 15c -_i_<• ,___ 2- 2-28 $1.25 preferred 3-15 50c 12%c (quar. )__;X._._ ; 1 payment at '--i:r';-.-: (quar.) 2-20 25c t_ (quar. 3-15 1 5 qvar.)_— (increased 30c com. ■% '%>'•% time) 3- > \ action, this v divid.) Drug Co. Bheem Axe 8 65c $3 2-28 25c , 1 (stock 3-30 & from 50c (increased Iron reduced Vulcan 5%> (quar.) Class B Soundcraft 2- quar.)_____ $2 Quaker City File & Marine Insurance (quar.) Reeves $0,033 2-15 9 iquar.i..r 3- 50c Science Axe-Houghton 12 %c Vanadium-Alloys Steel (quar.) Cp. (quar.) Reed "(A. C.) Co.,- $2 partic. 1 3- $1.75 Oil Co Virginia ____ 3- 75c quar.) (quar.)___2_^__^__:^__i~ Oil 2-15 (quar.) 1 cash 4% Southern 2-18 (quar.) 1 2- 8% 20c Utah 3-10 preferred 2- 1 Axe 3-13 1 1-24 4- 10% ;——. (Equivalent to $0,087 (Increased preferred (quar.)_— 3- preferred 1 62 %c (quar.) common 50c 87%c 4.20% 4.32% 4- 3- 2-11 10c . dividend Development Mutual Fund, Quarterly from investment income- 1-31 3- of Rec. 1— %c August Thyssen-Huette— 5-15 4 15c (quar.)___ '■ - . , preferred 6-15 )quar.)__ Atomic '2-15 3-15 2- $20c 32 %c America preference Corp., 2-11 2- $1 (quar.) com. preferred Co, 3-11 class Steel S. 26c Indiana, 3%% Oil 3- $1.37% 5% U. 2-11 Holders Payable 31 (quar.) Quarterly 2-15 1 Machinery Corp.— 3- * 1 3- 12 %c Ltd.______ of 40c of 4.16Si Pure Hoffman 3- — Co.— S. 1% : — U. 2-15 2- 8 3- 40c ______ 20c $1.25 ____— (quar.)_ $30c — >1.25 conv. pfd. Sewing Centers, -Inc; Stock Co. Co. 3- —-- (quar.)__„—_____—; Water 2-15 3- Atlas Extra 3- $4.80 conv. pfd. (quar.)$1.20 Pittsburgh Steel Co., common (quar.) 25c 3-15 4 %■'. 15c (quar.)— com. j-26 Ltd.— Shares, 25c $1.25 13- 4C —•-—- Chemical, & 50c (reduced quar,),— Canadian ' Pittsburgh Atlas Plywood Corp., When Share Company 2-28 uividend United Per Name of 3-15 (quar.)___ Lines of Rec. SI.25 <quar.)_ Tank United 2-11 3- 12 %c A _____—_— Acceptance Union Payable (quar.)____ —i preferred Co., Holders Share Company Gas Inc.. €% quar.) iquar.) preferred Trunkline 3-11 Philadelphia Suburban Water, com. iquar.)_ S3.65 preferred (quar.)____——__— Pioneer Finance Co., 5%% conv. pfd. (quar.) 6% Per Name of 2-15 —— Co. (increased quar.) Philadelphia Electric Co.— SI of Rec. 3-11 —— —— Mfg. (increased Holders Payable 50c j — Common When Share Name of Company Peter When 2-15 $1.50 48) t 3-29. 2-11 1-15 •2- 5 3-12 Number 5609 Volume 185 ... (619) Chronicle The Commercial and Financial Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED STOCK ^5S Highest 38 6 45% Apr 18 Jan EXCHANGE Laboratories Abbott 11 41 % Jan 37% Dec 6 98% Dec 14 109 % Feb 7 98 Jan 28 99 % Jan 17 Dec 4 14% Jan 9 11% Jan 2 12% Jan 28 ABC ACF Industries 11 Oct 1 Apr 10 20 23 % Dec 15% Jan 11 21 38% Jan 8 Jan 19 12% Dec 31 ACF-Wrigley Jan 2 24% Jan 14 Adams 2 27 % Jan 11 134 July 17 Jan 13% Jan 2 14% Jan 7 22% Dec 31 20% Jan 14 23% Jan 31 50 % Jan 4 185 % Jan 8 19 9 52 Dec 10 9 190 Dec 13 Nov 46% Jan 21 180 25 Jan i 11 111 Dec 14 17% Jan 7 3 77'A Jan 14 6% Jan 29 7'A Jan 4 31 117'A Jan 10 29 63 'A Jan 2 7 10% May 6% Dec 31 241% Sep 14 115 Dec 5 30 Jan 23 105: Nov 30 12% Dec 5 Nov 28 Jan" 115 4 May ♦136 138 137 13% 137 13% 13% 13% 13% 13% 20% 20% 21 '/a 21% 21 % 22 7 d Allied-Albany 4% Jan 17 98% Jan 3 Allied Chemical 23 Jan 8 Allied Kid 29 % Jan 2 30% Jan 8 Allied 44% Jan 23 Jan 8 29 37 V4 July 25 150 99% Feb 9 1% Dec 28 Dec 31 10 1 17% 18% 17% *112% 114% *112% 16% *16% *76 77 common 4 3 Jan Dec Sep 19 105% Sep 27 101 % Jan 21 Jam 31% Jan 7 34% Jan 22 95% Jan 9 97'% Jan 23 29% Jan 27% Mar 8 31% Oct 29 May 28 70% Jan 9 11 28 19% Dec 3 4% Dec 31 31 Jan 15 2 64 Jan 2 2 22% Jan 23 42% Jan 2 11 Dec 31 ! Jan 19% Jan . 23% Aug 47% Dec 118 113 25 64 45 7 4% Jan 2 40% Jan 21 39% Jan 3 Amer 4 4% 4 Jan 4 5% Jan 15 19% Jan 2 24% Jan 22% Jan Jan 20 28 10 Amer 32% May 21 20% Jan 11' 7% Mar 12 1 49 % Apr Nov 20 45% Jun 18 38% Jan 27 61% Nov 12 53% Dec 3 Jan Dec 13 67 2^ 35 Dec 42% Jan 41 Dec 18 61 Jan 23 126 Jan 24 Chain & 53 % Jan 56% Jan 3 American Chicle Co 27 Jan 31% Jan 17 American Color type 35 Jan 39% J an 8 American Crystal Sugar com Jan 25 156% Jan 3 Jan 9 28% Jan 25 13% Jan 2 15 Jan 11 American Encaustic 14 American Enka Jan 2 14 71% Jan 21 79% Jan 28 Dec 26 142% Jan ' 25 1 19% Aug Corp 2 27% Jan 35% Jan 3 Dec 7 Feb 1 48 % Jan 11 American 10 30% Dec 14 26"% Jan 9 31% Feb 1 American Export 13 % Nov 27 16% Apr 5 43% Aug 2 23% Dec 31 14% Jan 30 16 Jan 24 American 36% Feb 1 38 Jan 17 American 23% Jan 2 American 30 American 25% Jan 44% Mar 12 3 Dec 48 35% May 28 46 20% Jan 31 18% Oct 4 Jan 25 142 % Nov 7 120 Jan 84% Jan 31 143 Au[j 7 121 11 Dec 31 14% Mar 21 11 96 Dec 4 96 86 July 102 9 17 131 Jan Jan 29 131 Jan Jan 22 Jan 9 96 Jan 2 15 Jan 13 % Nov 29 15 Dec 28 17% Jan 17 3 14% Jan 95 Dec 19 106% Feb 21 95 17% Apr 40% Dec 24% Feb 9 77% Dec 26 93 35% Peb 10 15% Jan 6% 19/64 Jan Jan 7 Jan 18 41 Jan 21 44% Jan 31 Amer 26 28 Amer Jan 21 Jan 2 97% Dec 6 108 98% Jan 23 28 Jan 16 98% Jan 22% Jan 8 31 21 25% Jan 15 25 17 29 4 34% May Mar 16 2 30 Jan 27 Jan 21 26% Jan 13% Jan 30 13 Apr 5 15% Jan 11 16 5% Dec 31 8% Jan 3 5% Jan 7 55% Jan 12 70% Sep 17 62 % Jan 28% Feb 6 33% Dec 3 29% Jan 33% Nov 21 40% Jan 9 9 28 Mar *13% 13% 1,600 4% 4% 4% 200 8,400 92 23 4 29% 30 % ' 115 *110 10 64% Jan 31 7 31% Jan 3 33% Jan 21 35% Jan 8 50% Jan 4 Jan 22 Amer 9 Amer 116% Jun '16% Dec 54% Aug 8 Dec 19 6 Dec 14 ♦27 30»% 29 % *28% 29'A 120 117'% 119% 115'% 116% 63 64% 65% 63% 63% 1,500 20% 47,500 61% 61% 21% 21% 20% 63 i .20% 21% ♦100 108 *100 108 62 1% 118%. 119% 119 120 21 ' ; 33% *33% 34 33% 98 *96% 98 *96% 98 30% 30 30 64 30% 30% 66 , 22% 22% 106 43 107 22% 23 20 19% 19% 41% 41 % 40% 41 21 28 Nov 56 .Feb 21 105 46% Jan 23 142% Dec 12 42 Jan Apr Feb 46% Mar 25 39% Jan 19 Dec 13 59% Jan 87 Jun 94% Jan 4 41 52% 56 56'A *29% 30% 30% 30 30 % 30 307k 30 30% 37 37% 37% *36% 37 37 •36 36% 89 *86% 89 143% *87% 88 58 Amer 72% 72% 72% 73% 143% 143% 144% 146%» 146 % 28 28% 13% 14% 26% 26:% 2 26 July 24 113 Nov 16 15 31'A 51,100 15 15 15% 147k 15% 14,000 37% 3754 36% 37% 36% 377k 367k 377k 9,700 37% 20% 21 % 20% 21 20% 207i •20% 20% 1,600 129 130% 8,000 124'A 125% 3,200 21 28% 129% 127 129 129 125 % 121 131 123 123 % 123% 11'A *ir 11'A ♦11 11 % 96 96 *96 97 •96 97 14% 14% 14% 14% 14% 14% 900 14% 15% 15% 15% 15'% I,400 14 % 14% 15% 15% 15 % 15% 15'2 97 95% 95% 96% 96 V4 *96 34% 64 34% 34 % 34 % 34% 34 64 & 17/64 64 13 15 *80 81 *30 n7* Oct 10 187% Feb 1 68% Oct 1 84% Apr 30 165 119 Dec 26 145% Jan 51% Jan 27 31% Nov 23 9 Jan 3 Dec 4 29 Jan 13 23% Nov 26 27 May 28 ,17 33 14 78% Jan 73 % Jan 10% July 20 25 2 177% Jan 170% Jan 121 25 Jan 12 31 Jan 37% Jan Feb 4 18 27 44'% 44% 44% 44% 44% 44% 44% 4,500 26% 26% 26% 26 26% 26'A 27 6,200 26% 26% *98% 99 % *98% 99% 23 *22% 23 25% *24% 25% *15% Jan 18 25 Jan 18 17% Dec 12 23% Mar 13 17% Jan 21 18% Jan 11 65 Jan 23 87% Mar 19 66% Jan 21 72% Jan 9 63% Feb 14 85 74% Jan 29 79% Jan 11 Nov 7 25 22% *24 31% Dec 6 90 3 Dec 32% Jan 10 30% May 28 26 % May 29 For 42% Apr 107 Jan 42% Dec 2 12 13 43% July 11 35% Mar 19 footnotes see page 33% Feb 92 Jan 1 37% Jan 4 14 93% Jan 10 39% Jan 4 41% Jan Feb 1 39% Jan' Q 30 Jan 34 OCS/ 28. *156 160 23 99% 23 70 2,200 25% 15% •15% 16 300 6 18,800 5% 5% 5% 63 64 63% 64'A 63 '/a 63% 4,700 31% 31% 31'A 31'A 31% 31% 2,000 34 33% 34 33% 33% 33% 33% 53% 53% 53'.'4 54'% 52% 53% 5,800 53% 17% 17'/a 17'A 17 17'A 34,400 17% 17% 5% s 160 5 % 160 *156 *155% 160 •155% 3,100 160 *6% 6% 6% 6% 4,100 34'a 34% 34'/a 34% 6,900 91% 92'% 92'% •91% 52 52 7 52% 53 54% 54% No par 100 Co common 1 Co 153 44 151 153 44 8 121 121 42 % 42 *48 % % 48% 123 76% Sugar Refining Corp 25 American Water Works Co com—5 Preferred 6% series 25 Preferred 5%% series 25 American Zinc Lead & Smelting—1 Viscose 50 Co No par Hocking Glass Corp— Wire & Cable 6.25 Common No par preferred Clayton &■ Co 2 7 Anderson-Prichard Andes Copper •98% *24% 91% 127% (4 15% 99% 23 25% 92 Stores Anaconda 16 H 92 Snuff Anaconda 17% 22 7 92% Anderson 31 *155% 17% *98% *24'A 92% preferred Anchor \ 17% 76% *' 350 84 *81 81 43% 126% 2 Jan 21 747,800 9/64 27% 100 10 9 % Jan 9% Jan 25% Jan 16,400 i'g 9/64 6% preferred American 34% '/a 44 122% 6% 2,390 97'% 33% 43% com—100 7% preferred 100 American Sumatra Tobacco 5 American Tel & Tel Co 100 American Tobacco common 25 25 129 Jan 97% 98 34% 81 81 *80 81 20 34% American 137% Jan 100 *11 G% American 21 125 11 97 33% 8 Jan 124 % 11 *96 11% 97 6% 24 Feb 13074 34% Jan 11 130 % [ 6% 49% Jan 132 28 14% 33% 3 16 29% 28% 6% 22 19 281/2 48 % *47% 33% 47% Jan Jan 3,600 6% 122% Jan 16% Jan 146 46'A 32% 1 28 46 15 15% 4 28 47 28% 34 41% Feb Dec 800 1,600 47 47% *95 120% Jan 10% Dec 132 5,600 13% 26% 14 , '/a 14% *14% 25 6% noncumulative preferred—100 American Steei Foundries 1 125 28'A 26% 14 26 27% *96 3 1 28 *13% 14 26% 47% *11 24 3 2,000 15 124 Jan Jan 14374 28% 125 45% Jan 46% Feb 143 43 *20% 155% Jan 106 100 21,900 36% 8 7% 400 72% 717k 5 10 Co Smelt & Refg com American 1,400 14% 21 21 2,500 47% Jan 44 28% 1,300 • 26% 14 26% 14 26-% 26% 145'A 144 28 28 27% 281% *13% 73% 72 % 2,200 4 23 2 51% Jan *86% 73% 27% 144% Jan 21 % 37 88 88 88 . Euilding Co—No par American Ship 129% Mar 26 51 48 17 25,500 52'A 52% 85% Jan 41 40% 33% 23 59% Mar 20 174 10 120 Nov 200 3,900 40% 55% 33% 34% Jan 41% 53 54% 2 41 5 41 53% 30% Jan 20 5 55'% 33% 6 23 •293A 5% 52 % 1 No par Rad & Std Sany common—5 preferred 100 10 36% Jan 22% 20 5 41 Co Safety Razor 14,000 23 *1974 56 & Chemical Seating 7% 1,600 41 31% American 106 % 53 63 7 American 106 % 52% 31% 9 107'% 43 *106'% 55% 63% 17 6,200 41 31% 6% Jan 43% 53% 63% 18% Jan 43% 42% 55-% 31% 153% Jan 17,200 53 63% J 10 22 54% No par 9 l.OOO 66 21% 53% 40% 5% 2 Feb •64 22% 54 15% 6% Jan 17 66 % 22 41% 41% 5% 153% Jan 30 5% 5 5% 5 5 41% 98 30 22% 23 15% 13 % 107 / 22% 20 1,100 33% *97 30 98 29% *64 *19% 23 % % % 22% 43 43 106 42% 43 % 105 33% 33% *97 66 22% 22% 33% 105 *97 109 *100 11,400 ' *64 64 L 5% 27 ;<; 20% 20% 20% . 108 33% 15% Feb 177 3,700 1% 30% *28 % 25% Optical 1% 1% 1% *27'% 29'% 5% Potash 12,600 31 1% 15% American 12,700 *28% *24% 8% Feb 24% Mar 20 5 150 56 2,200 87% *27% 1% 8 1 43 119 29'/4 1 3 8 20 1 5 25 Co 36% 120% 86% 87% 120% 119'% 31 1 7 23% News 87 ' 87% 36% 37% 37'% 37 119 300 115 *108 116 *10.) 30,000 33% 33 33% 7,700 82 '82 82 33 ',4 116 117% 98% American 43% 87% 89 22% Corp American Natural Gas Co 43% 37 % 37 117% 97% American Motors 43% *81'% 33% % ►110 2 Molasses Co 2 11 43 % 43% 71% 100 American Jan 6% Jan 1,500 82 *87% 100 Products com 5%% convertible preferred 30'/a 30 No par Metal Co Ltd common.No par Metal 500 30% 30 — preferred 22% 30'/a 37 Machine & Metals % % 22'/a 30% 91% . *28% 15 American 22'% 30 53% 1 rights 91'/a 22 %' 91 % : *22'/a 53% No par preferred 90% 23 92 91 91% 33 40% noncumulative preferred—100 3.90% 79 7 22% Dec 25% Nov Products Common 24 Mar 29 81 13% *4% 82 5 International Corp 1 American Investment Co of 111-—1 5% % prior preferred 100 American Mach & Fdry common—7 37% Jan 1 % Feb 13% 4% *27 41 American 97% Feb 1 13% *4% 43% 22% Lines Inc Ice Co common American 15% Jan 21 33% Feb 11 45% Nov 2 Jan 13-% 33% *19% Secur—No par 40c & Foreign Power—No par Gas & Electric Co 10 Hardware Corp 12.50 Hawaiian SS Co 10 American-Home 11% Jan 150 *103'% 4% 81'A 42% European 17% Jan 25 103 % 13% *22% 118 105" 1 5 Tiling 103% 103 % 43% 22% prior preferred 4%% 30 "20 38,300 56% 103'% 13 % 33% 30 100 American Cyanamid Co com 10 3%% conv preferred series C-100 American Distilling Ca 20 88 120 55% 103 % 105 56% 29 *64 10 10 Co 9 28 27% Mar 21 8 12% Dec : 310'% ►112 55% 81 % 33% No par No par Cable ►205 115 115 43'A *96% 25 American 26 157 22% Jun common preferred 2 Feb 100 7% Co Can American 7 310'% *205 55% 54% 500 122,000 6% *4 % 116 "103 1 12.50 Corp & Radio Cable American 18 _ 120 61 % 20 Jan 84 *115 54 6% 31 • 1 common 56% Jan , 79 % Dec 81 Inc 52 % Feb < *205 120 33% 119'A 100 preferred 76% 82 1% No par com *76 6% 6% *23 Broadcasting-Paramount Theatres 5% Co 77 6% *27 % 2 convertible preferred a 37 % Apr 27% May 15 . Shoe Brake *76 *76 18 103% 4% 1171/8 50 preferred American Bosch Anna Corp 110% Jan Jan 105 6% 77 87'A American Airlines common 2 7 26 108 21% Dec 3. 16% 36 % Agricultural Chemical—No par >-1 3%% convertible preferred 100 American Bakeries Co com—No par 4%% conv preferred 100 American Bank Note common,—10 15 24 % Jan 1 Mar 19 36 7 1 1 • 114'% *16% 310 % 37% Amer 66% Jan 25 ►112% 16% 52% 89% .No par Feb ' 10 28 4 Jan 126 Oct 23 16 124% Jan 114'% *16% 6% 310'% 87% 1 ) 291/4 Jan 2 *112% 16% 6% 36% J-50 2 114% 16% *205 43% 1 1 15 18 Jan Jail 20'A Feb , 95 % Dec Sep . 61 % Jan 9 Jan 26% Mar. 16 17 2% Jan 28 18 17% *112% 16% 1 Jan 26 115 79 4 22 120% Jan 7 29 Jan 18% 114% 10 No par 6,400 17% *110 91% 23 30% *110 I—100 10 Jan 19 31% Nov 10 Jan 28 3 —18 5 No par Dye Co 2% 100 1,600 2% 18% 6 % 13% 33 % 93% Jan 1% Jan 13 Apr, & 13%' *4% 90% *22% 30% —1 Corp———5 — 2% 2% 18% 18 _ 43% 39 121 % Mar 23 58 77% 0% 6% *205 310% *112 120 52% 54 *102% 103% *80% 115 113 July 17 3% Jan 39 24 Sep 27 91% Jan 10 16% *76 5 100 1 100 ^ 3 2% 2% 2% 3 20 8 22,800 50 49'% 50% 49% 160 100 18 8,800 100 10 No par 21 22% 160 7 3 5'A Jan July 11 22% 188 30 85% Jan Mar 12 47 133% Aug Jan 34% Jan 1 112% Jan 125 8 17 14 Feb 33 82 23% *156 Mills Jan 23 *185 Paper 1 3 4,200 160 Industries Inc 21 13% 190 Allegheny 90'A Jan 13% *156 common— 22% Jan 700 13% k 49 % 491/8 49% 800 13% *184'/a preferred 9 136 136 160 100 25% Aug 15 77 27 137 135% 129% Apr 43 Oct 136 135 % Allen 3 40 27 4 4 38 27 *26% 7 97% Jan 39% Oct 27 26% 13% Jan 56% Jan 99" 27 24% 26% 104% Jan 28 16% Jan 7,900 2 7'A 24% 26% 24% *26% 11 30% Nov . 3,000 24% 25 21 64 2,900 34 24% Jan Dec 30 15% 33% Jan 42% Dec 28 15'/a 24% 13 23 Apr Feb 15% 33% 24% 102 36 % Apr 82 15% 33% 24% 12 26 34 15%. 33% 18% Jan 11 104% Nov 15% 33% 117'A Mar z7 29 'A Dec 77 15% 33% 188 Inc 4'A Feb 88 21% Dec 700 15% Ludlum Steel Corp 1 Allegheny & West Ry 6% gtd—100 52% Jan 17 64% Dec 4,400 33% Alleghany Corp common— 5%% preferred A i $4 conv prior preferred—Nc par 14 241% Sep 160 Inc 62'/, 10,700 15% preferred 4%% 61% 24% &. Products Aldens % *156 8 21 62 *183 Jan 76% Jan 62 188% 25 16 % Jan 5,500 62% 160 113% Jan 6 62 % 49 19 23 62 % ►156 Alco 23% Feb 63 "184 16 88% Jan 12% 49% 11 21 12% 180% 3'A Jan 31 12% 48% 19% Jan Dec 12% 180% *156 2% 2 16% Dec 12% 62'A 12% series—lOO 1951 2 7% 12% common—_No par pfd conv 2% Jan 114 12% 1 17% Jan 117 % Jan 98 —1 16 4% Feb 13 Dec 38% 98 34% 1 23% Mar 22 2% Dec 17 38 '/a 98 24% Vicksburg tty Alaska Juneau Gold Mining Mar 14 163 9 38% 98 •98 15% No par Air Reduction Inc 4.50% 98% 98 33% Co Corp Alabama 38% 99 12% 39 98 —1 Inc Corp Aeroquip 38% Skates 39% 38% 38% | 10 Express Admiral 3 22 % Jan the Week Feb. 1 62 % Addressograph-MulLigraph Corp—10 18 139 %. Jan 3 Inc Corp Adams-Millis 154 Friday Jan. 31 12% 1 —25 Stores 24 Thursday Jan. 30 38% 100 „ Co 24% Jan Feb 77 Steel Acme 4 36% Feb 155 64 4 11% Apr 136 2 58% Jan 29% May 6 108 2 33% Jan 3 32% Jan 19 Sej) 9 14'% Jan 28 37% Dec 29% May 25 22 Jan July 30 67% Jan 55 14 Rales for PRICES Wednesday Jan. 29 98 5 common preferred conv SALE Tuesday Jan. IX Par Vending Corp 4% HIGH AND Monday STOCK YORK NEW Range Since Jan. 1 Lowest Highest Year 1956 Lowest LOW STOCKS Range for Previous Oil Mining Corp 21.80 10 14 137 11% 174 33% 137% 11% 174-% 34% 9% 9% •26% 26% *25 25% 151 149% 45 45 44% '120% 42 122% 42% *48% 48 % 122% 122 % 137 11% 174% 76% 127 33% 137% 11% 174% 77 127% 33% 150 44 % 123% 121 42% 43% 53% 54% 150 % 150'% 44 % *121 42% 53'A 148 350 54 II,400 150 % 990 1,000 44% 44 44 'A 123% •121 123% 44% 41% 6,700 47% 48% 47% 5.200 48% 121'A 121 'A 118 11874 1,000 122 % 136 137% 134 % 136 137 137 1:: 48' 4 11% 175 11% 11 % 11% 177% 176% 1777s 46% 11 175% 77'A 1,000 176% 34,300 78 77% 77% 78% 127% 127% 127 12774 970 127% 33 % 3 3'A 33 33'A 16.600 33:% 97s 97s 1,700 33% 97a 9% 9% 9% 938 26% *26% 26% *26 % 26% 26 26% *25 25% *25 25% •25 25% 26 177a 17% 17% 17% 17% 17% 17% 17% 70% 69% 68 707k 69% 67 70% 68 71 % 76 76 75 75% 75 75 76.% 74% 77 75 34% 33% 34 33'A 33% 34 95 33% *92 34% 95 41% 41% 40% 34% 35 34 % 34% 28% 28V4 28 % *28 33 71 *92 95 ►92 95 •92 200 25% 17% 40 '/4 15,300 77 127 69:% 34 650 11% 17% *92 100 42 *121 9 % ♦25 93 2,166 48,300 560 3.000 95 40% 41% 41 41 % 5,700 40% 34% 35'A 34 34% 5,500 34 % 34% *28% 29 V, 29% 30 40% *29% 31 300 15 1Z (620) The Commercial and Financial Chronicle NEW YORK STOCK Range for Previous 35 Va Jun Range Since Jan. 1 Lowest Highest Highest % 41V*|Apr 27% Jan 23 9 35% Jan 39% Apr 23 9 31% Feb 46% Feb 9 69% Dec 15% Feb 7 24 14 3 1 54% Jan 29 26 Va Nov ~29 Dec 5 2 14% Feb 15Va Jan 21 26% Jan 31 May 37% Mar 27 102% Mar 17 89 19 20 11 4 Mar 29 30% Mar 29 28 17 Feb 5% Jan 11 17 28% Jan 7 Jan 21 18 "a Jan 7 29% Jan the Week Feb. 1 Shares 37% 37 37% 37 37% 36% 37 36% 36% 31% 31% 31% 31 'a 31 'a 31 % 31% 31% 31 55% 57% 54% 15 56% 55 "« 56''a 56%, 57% 5511 15 56% 39.000 14% 14 '.a 13% 14% 15% 14% 14% 14% *14'« 14% 17,200 *14% 15% *14% 20% 27 % 26 % 10 Carpet 15% *14% 15% 27% 27% 27% 27', No par by* s«% 88 88 5 *18% 19% *18% 19% 5% common _1 preferred Corp Co Inc.; 1 »5% 5% 28% 28% 4 29 % Industries Inc— 17% . 29% Feb 10 97 Oct Jan 3 110% Jan • 35 9 Jan 23 73 Aug 28 30% Jan 98 18 Jan 2 63 V2 Jan 22 32% Jan 103 8 Jan 28 66% Jan 10 5.25% 1st Atchison 25% Nov 21 33% July 25 10 Nov 30 11% Aug 26% Dec 17 30% Mar 13 90 Nov 28 43% Jan 8 83 Va Nov Feb 27 24% Jan 28 11 10% 23 5% 28% 29 90 Jan 3 9 40% Jan 29 43% Jan 3 63% May 29 8% Nov 29 84% Jan 95 49 % 11 47 Va Jan 4% 4 94 11% 18% Jun 16% Jati 3 18 24 13 91 71 Jan 29 78 14 11% Jan 10 Jan 14 17 9 1 Aug 9% Jan Atlas Sep 13 19 17% Feb 27 Feb 1 17% 22 8 34% Oct 29 30% Jan 2 34 14,. 5% Sep 26 7% Feb 24 5% Jan 2 7 49 % Feb 24 43% Jan 3 26 B RR; 24 % 10% Jan 7 Jan 8 46% Jan 9 18% 19% *18% 19% 5% 5% 5% 5% 5% 5% 28% 28% 28% 28 % 28%' 9,400 60 1,600 2b-j 700 17% 17% 17% 17% 17'% 17% 17% 9,900 23% 29'» 29% 29% 29% 29% 1.600 31% 31% 101% 31% 102:: 31% 102 313» 101 04% 24 V* 24'% 102 65 64% Oo *100 % 65 % 31% 31% -1C0 65% %' 2,300 102 65% 110 65% 2,600 preferred— Automatic conv 24 % 24 7 a 247o 24% 24% 24 3 4 47,500 10% 10:!« 10% 10% 10% 10V2 10% 10»% 10,400 28's 28 28 28 28 28 28'., 95% 95 95 *95 95% 41 % , 42 ' x40% ;v 44'% *93 95% 41% 42 45 44 (.y 92 % *93 44% 92% 44% - 92% 42 % y 95'7 42 42% 42 45 43% 44% 92% 91 1,200 42 91% - 44 »/2 , 10 6,800 12,700 .100 92% 92% 11% 11% 11% 11% 11% 11% 11 Vb 11% 11 %L_20 17% 11% ' 17'-H 17% 17% 17% 17% 177b 17% 1738 17% 5.800 72 Viz 2,100 _;20 72% common—No par 10 pref <$i.20)___No par Canteen Co of Amer 5 Avco Mfg Corp 24'% 23% 44% prior 12.25 19% *95 common Nichols Conv *18% 10%, 10 ■ Auatin 26% 89 28% 10% ' No par common—. preferred Atlas;Powder Co 22%Jun 37% Sep series Corp 0% 89 *28% 10 com—6.50 ■ 16% Jan 9 Line Refining S3.75 28 27 10% May 28 1 2 15% Dec Co 100 Coast Atlantic 25 81% Feb preferred preferred Atlantic 8 64 15% 26% 91 28% • 29 % 31% 303 64 _10 non-cum Atlantic City Electric 23 32 103 lo Common 3 2 Jan 31% 100 Co *14% *89 * Topeka & Sante Fe— 27 10 % Jan 27 47% Aug 14 99% Feb 20 27 35% Jan 101 3 preferred—: Associates Investment 15% 26% 91 *89 29% 17-% - 1,900 5% *28% 17% 23 % Associated 65 , 3,100 —_5 Ashland Oil <fc Refining com i 2nd preferred #1.50 series—No par Dry Goods Corp— Common —, 1 3 29'/a Jan for Friday Jan. 81 2.50 Arvln Sales Thursday 37% Illinois.;— Constable Artloom PRICES Jan. 80 31 'a Corp issued 13.75 Arnold 2 Jan Steel Armstrong Cork Co 20% Jan SALE Wednesday Jan. 29 „5 Armour & Co of Whep HIGH Tuesday Jam's No par _ Corp Armco Jan 5'A Jan Oil 16% Jan Jan 31% Mar 15 27% Oct Argo 4 AND Monday Par Archer-Daniels-Midland 16^ Jan 30 1 Jan 19 13 8% Jan 22 65% Jan 86 26% Jun 15% Jan RECORD LOW STOCK EXCHANGE Jan 2 22 11 36 6 18'/a May 24 4s/a Dec 5 Jan NEW YORK 37 % Jan 1 — 82 STOCK 8TOCKS Year 1950 Lowest EXCHANGE Monday, February 4, 1957 ... (The) common preferred V2% 71 71% 713t % 10% *10% 17 Va *tT% 17% 33 % "v 33% 333« 33% 33% 65« 6% 6% 43% 43% 10 17% 33«4 6% 44% . 6% 44% 3 *91 Vss 10% *17% ; 10% *17% _No par *9212 4 , 72 6 44 Va 70 61.900 73 72 72 *10 10 3 8 10% 10% *17% 173« 17 17%, 200 33% 33:,a 33%, 33% 1,900 6% ' 67« 6% 6% 51,100 44% 4C0 % 44 44 *43% . 'A 44 1,200 B 4% Dec 17 35 Va May 24 7% July 12 48% Dec 5 11% Jun a 15% Jan 12 317/a Dec 17 35% Feb 7 95 Nov 29 113 85 Dec 21 105 41% Feb 13 53 Feb 2 Apr 19 May 10 4% Jan 30 5»/« Jan 4 41% Jan 21 46% Jan 11 Babcocik & 12% Jan 2 15 16 Baldwln-Llma-Hamilton 32% Jan 3 96 % Jan 86 3 Jan 2 44% Jan 16 Jan 34% Jan 100 % Jan 92 28 25 Jan 31 47 % Jail 4 Babbitt (B Gas 28 57 % Jan 2 Bangor ac 43 May 28 Jan Jan 29 22 7 17 Barber Oil 13% Jan 29 Barker Brothers 8 4Va % Jan 56 Jan 18 6 16% Jan 4 17 Jan 2 56% July 16 49% Feb 1 54% Jan 11 61% Jan 23 134"% July 13 Nov 27 106% Jan 20 94'A Jan 3 96 % Jan 17% Sep 13 37% Jan 9 18% Jan 2 20% Jan 25 y« Jan 23 43% Dec 23 Jan 21 10 94 80 Dec Sep 26'/a Aug 10 NOV 20 Jan 37 31 134 Jan 42 10 7 1] Jan 2 91 Va Aug 8 Dec 31 47% Jan 3 4 29 17 0 32% Dec 26 81 83 % Feb 1 Jan 23 16 Beech 31 Vb Jan 2 29% Jan 38 14 Feb 0 10% Jan 2 11% Jan 28 Jan 3 20% Jan 2 at'm jan j 31 4.5% Jan 28 50 Va Jan 85 27 101 8 19 53 140 ya Dec 31 May 28 Jan 30 64% Dec 27 22 Va Aug 9% par. 10 10 86 Jan 8 58% Jan 21 62% Jan 3 <fc 4%% Bendix 4 1% Jail 2i 8 Best & Co 44% Jan 3 4 5'A Jan 7 Best Foods 1 54 % Jan 7 Bestwall 28 19834 Jan 2 Bethlehem 46% Feb 177 Jan 84 Jan 147 28 Jan 4 14% Jan 7 47 'A Jan 18 Jan 24 15% Jan 11 155 11 71 '/a Jan 4 74 Jan 15 50% Sep 0 46% July 17 32 Va May 11 46 % Jan 7 54 % Jan 25 33 Jan 21 43% Jan 26% Jan 28 2934 Jan 2 Beneficial Benguet New 4%% pid & Biaw-Knox Bliss (E Dec 13 28 Va Feb 1 33% Jan 2 Bliss & 65% Dec 12 54 'A Jan 28 61Ve Jan 2 20 3 Boeing 22% Jan 2 23 y4 Nov 21 29% Apr 34% May 12 Mar 1 14% Dec 26 9% Dec 54 26 1 25% Feb Book-of-the-Month Club 17 57 Va Jan 7 Borden 5 98 Va Feb 10 80 57% Mar 19 50 41% Jan 3 29% Jan 1 1 61% Jan 3 14% Jan 31 64% May 10 43 10 41 Dec 28 58 12% Dec 31 3 46 Jan 10 Borg-Warner Corp 87 Jan 22 53 3A Jan 24 3Va% preferred Boston Edison Co 1 19% Jan 3 2 47% Jan. 10 1 11% Jan 2 36 Jan 2 38% Jan 11 42% Jan 3 48 Jan 11 0 May 13% Jan 2 1J% aan 14 Bli^j® Manilla.., Briggs &: 35 Va J un 8 43% Nov 10 42% Jan 28% Feb 21 47 Jan 14 10 44% Dec 17 41 21 45% Jan 9 92'/a Oct 26 100 32 V, May 25 37 13% Dec 39% Nov 17 16 25% Jan 23 Feb 29 Aug 2 15y« Apr 27 46 Aug 29 45% Dec 17 85 Jan ia 23 30 W."?, 35% Jan 10 Brooklyn Union 15 15 Brown & 11 Brown Shoe 42% Jan 4 1 Jan 2 4733 Jan 17% May 28 89 95% Jun 22 89 5 24 18'A Jan Jan 47 1 Jan 11 1 hi Jan 25 3i Jan 22 21 52% Jan 18 20% Jan 10 21 90 % Jan 15 9 27 Feb 1 Dec 1 33 28 36% July 17 38% July 30 30% Feb 26 Jan 17 2332 Feb 1 20 Vs Dec 10 29 % Jan 11 23 8 20% Jan 21 3 13 12% Aug 21 65 Nov Mar 16% Jan 30 81% Jan '• Jan . 2 21 Jan 2 13% Jan 11 74 Vs Jan 23 Bucyrus-Erie $5 (Thet Buffalo 68 Jan 4 8 65 Jan 24 65 Jan 24 86% Mar 0 3%9r 713-2 Jan 74 Jan 23 4%% second 2 Oct 20 31% Jan 12% Apr 10 25% May 34% Dec 14 98 8 Aug 13 40% Jan 23 4% Dec 10 12% Jan 20 5'A Aug 9 34 V, Nov 23 20 5 105 Va Aug 11% May 8% Apr 3 J lj 16 Va Mar 20 7% Jan 17 43% Jan 3 18 % Jan 31 19 Jan 3 Feb 1 29 Jan 11 9% Jan 2 26 32% Jan 102 Jan 41 % Jan 2 4 21 5% Jan 16 2 6% Jan ; — 35% Jan 2 13 % Jan 2 78% Jan 2 55 Jan 4 0 30% Nov 29 25% Jan 21 36% Mar 10 60 31% Feb 1 60 Vb Apr 30 Aug 23 Por footnotes 33 Vi Apr see page 0 28, Terminal 50% Jan 28 37% Jan 56% Jan '27 Jan 33% Jan M) 52 Jan 44 7 45% 181 ''4 2 46 27 27 29% 29 % 55% 55% £5',4 24 Va 23% 24 24 *26% 10% 103a 54% 14% 5434 42 *84 52% 42 1 10% 42% 53% 18 % ^ 181n 45 % 13 18 % 46 46 1 10% 10% 36% JlKi 36% *46 45 2r 52 53 % 2.900 39% 38% 39 4.200 27 29% 28% 800 55% 56'% 55 55% 50.7C0 24% 24'4 24 24% 1.600 26% 27 *13% • 14% .% 26 440 13% 10% 10% 54%> 41% 423b 84 V a 84% 53 Va 53% 547« 13% 270 14 3 8 14 "a 2.r00 10% * • 10'% 800 54% 55 41 % 42' *84 5.600 8 13.100 4 2,900 90 53% 10 53 3 *45 " 18% 18, 18 17% 18 1,600 45 45% 45% 45 % 1.70'J 10% 10% 10'a 10% *"36% 36 367a 36% 365« 10% 36% 47% 48 43 13% 13%' 13% 43 43 43 43% *82 . *47 3014 47% 13% 13% 13 % 13% 42 7 43 42% 43 *. 43 % "*82 37% 43% a "43% 37% "44 % '85 :34 '3 85 * 34% 14% 14% *14% *40% J0% 40% 30% 44% 45 34% 34% 34% 47% 44 24% L4% 48 18% - 5 5 No par *86 1 inc 13% 7.700 42 % 2.10) 43% 44 43% 44% 35 85 85 85 34% • 34 "3 34 '5 34 % 9.009 1'4% 14% 2.300 10:400 ' - 30 * 15 14*4 14 7 4n% J"", 44% 4514 - , 14%". 14% 40% 40 14 -40% 41 i'45 45% y43r% 44% 144 ' 04 %■ 60) 3,300 1 165.000 ,:24% 24% 24% 24 % 24:'s 24% ,24% 24% 2,900 49 48% 48:% 48% 49 ; 48% 48% 4734 18% 18% 18% 18:ta 18% 185a 18% 18% 48% 18% 9,400 88% *86% 83% 88% *86 88% *86 88%. *86 5 60 0 31 31 31 31% 31 30 3 10 24% 24 % 2378 24% 23% 24% 23% 24''a 23% 20% 23% 5,500 5 20% *20% 20% "] 20% 20% 20% 20% 20% 13% 20 % 2.100 13% 18,000 31 " com 13% 13% 31 % 31 g 30 "'a 13% xl3% f 72 73 "72 7212 X70 70 *69% 71'a *693a 72 100 *62 64% *62 64% *61 % 64'- *61% 64% *60 lou -*73 74% *73 74% X73% 73% *72 74% *72% 73 = 13% 13% 13% 37% 37 % 37% 37% *18% 19 19 19 18% 18% *18 15 27% 27% 27 27% 26% 26% 26 U 26% 26 5 10 10% 10 10% 10 10'): 9% No par 42 43% *41% 42% 41% 42 104% *103% 104% ; 600 64% 13% i common 200 13'a *421a 1 44 7.700 8.700 * *47 * 34% I 18 43 preferred— *103% x-tl % 1 6 13% 1 6% 37sa ■ 19 37% *18-% 42 42%| 674 42% 6 13'a 6'« 13% 6'a 37% 131 a *104 104% 42% 6 . 13 }a 42% 0" 36- *8 14% 14 ,_No par 81 81 80% 80 l 80'a 81 S2 __No par -' 32% 50% 51 6% 56% 56% *56 57 26 20 * *25'% 26 % 32 % 32% 32 V4 32% 51 Va *50.Va *50 V2 51 104% 103% 103% 110 *41 % ' 30% - 1,310 42 1.400 3.300 14% - 41% TAOO 36% 57 41% 6% 6% 26;% 41% 13% 14% 32% 2.000 5% 36% *56 ) 9% 13 % 6% *26 300 15. 9% 6% 14 3a 2« 13 26% I35a 36% _100 37% 19 8 14% ._No par "15 a 13: 'a 13r'« 37 a. 10 42 0 373a 40 - 42''4 103 V 14%' 6 37% 41% 36% ' Co 2.700 10% 43 1 80 Mi*Is a 25r% 14 42% 53% 27% 28' 1 14% 54.Va .90 53 10% 36-% 43 No par ,cd Cannon 27 14% —1.66% 9 _ 53% 39% 45 10% 43% 5 14 1.600 29 10% 41% *84 53% • 1,200 15% 74% 26% 14 - 54% 90 15 *72% 53 « 26 % 14 54% 15 24 Va 26% 10% *84 123,300 27 14% 4134 2 4o.oOO "4 45% 154 29'% - 14% 10% 180 2 200 55 ut , 14 , .54% ' 90 53'% 26-% *29 27% 14 . 443a *152'a 74 % *73 'A 39% 1 a n 178% 46'A 153Va. 15 74 Va 39% 23 7 • 15 . 39 27 % 184 % 45 Va *152'% 54% G6:! 14 3.800 45 '4 47% 53 29 17 14% 500 45% 4634 45 53 54% 27 1 B " 29% a 80' 47 153 7,500 30 7 «. 47% 45 Va 26% ' 31% 45% loo 153 38% a 29 •2 45 387o No par Zinc-Lead 9 ' 44 %. *31 5 It Jan 31 % 3812 15 Co 4 14% Jan 83 38.300 14% —. Inc participating Callahan 2.500 l3a *73% —10 prefeienee 8 3 24% Nov 1% 18% 1% ltfj-a 153 % 13% 11 2 7 July 11 44% Jan 5V"2 Jan 17ViJan 66 11 61% 18-% 1% 15 % —3 Butler Bros Butte Copper <fc Zinc (A 60 VA 18% 1% 74 V2 —2 60 preferred Byers Co 61% 18% 52 % 5 11 88 1 104% Jan 7'a Jan 13 Oct 16 14% Jan 21 55 45% Jan 28 Dec Feb 10 13% Jan 75 Vb Dec 13 10% Jan 61 *73 % : 600 1% 47%; 179'a 15 90 a 18% 53% 5 Burroughs Corp Bush Apr 10 22% Sep 18 9% Jan 23 44% 44% 46V *84 % 2,900 61% *31 47% 153 *46 1J8 • -74% 25 preferred .3 15 44% 153 29% « 100 19 77 % Feb 39% Jan 44% 177 29 7 18% 31% 47% 47 % 1.25 ; 20 25 1% 30% 29% 60% 18% a 52 % 14 % Co Co 27 Jan 61 "4 % 31% 45 *84 . *73% _50 — Co Sep 37. 90 13 15 % 27% l Dec 6 15 V13% Inc : 63 46% Sep *84 179 44% «.'o_ Co 72 28% Jan 23 a 152% 5 ]0O Burlington Industries 4% 471 177 5 Co common Watch 50 41 - 90 90 29% ? Forge Bullard Bulova *40 1.400 10.300 *84 ">A 29'% " 1 preferred 29% 90 . No par Buckeye Pipe Line Co Budd 41 % 1,700 Inc —, 83% 30% *40 41 10 Brnnswick-Balke-Collehder Rights 38 82% 30 *46'/a preferred Co 38 86 30 46% com Corp Gas *40 38% *83 Va 30% 31,500 common BtgelowJ 41% Jan 41 38 Va 86 30% 1 common 85 26% July 19 56% July 18 21% Jan 3 Dec Stratton 3 21 29% *83% 30% 11% —2.50 Co Bristol-Myers Co 87 30% *40 - K1 lilt.- 18 Jan 38% *83 41 23% preferred 30 40 38:% 31 10 47 — Jan Jan 7.400 100 Inc 14% Jan Jan 20% 464 100 Bridgeport Brass conv 19% 46% j, 34% Jan Si Feb 23% oct 38 Mi Jan 5% preferred Braniff Airways 4%% 20% 46% No par Jan 9 24% Apr 20 130 4 a '■■■ common. RR— 10% Feb . 20 % 87 15 2 3 7% Feb 260 20 20 1 8 Maine Common 96% "120 45% (The) dfc 96% 88 'A No par Jan BoBton 41% Oct 31 23 96% 126 11% Inc Jan - *96 126 23% Brass Corp Bond 50% Apr 96% 135 11% 1 1 3 96% 125 24 Va Co 7 3.400 95 11% (Delaware) 3 50 49% 135 23% 1951 10% Fell 49% 4,600 11% Mfg Co 16% Jan 49% 4.600 17% 2.3% .8 . 50 50 57%' 4 16% 11% 1 A 49% * 42 56 3 22% eom_.No pa- 15 a<4 Jan 12 50% 42 % 95 31 % 1 Dec 50 42 *40 "125 44% Bohn Aluminum Co 16% *31% 2 Jan 58 16% 18 2 • 57% 17 60 9% Jan 54 58 Va 16% 1% 13Va Feb 12 44 57% 16% 18% 14 Vt Jan Jan *49 59 61% 3 64 44 11% Laughlin Inc____._____2.50 Airplane Co 5 Stores 1,000 1a 1 Jan 48% Dec 35% Dec 10 3.400 13% 18 % 12% Mar 10 27 Oct 28% Jan 16 >4 60% 17 17 Aug 9 78% *13% * 20% May Dec 17 Jan % 13% 22 % Ji,u Co W) 79 13% 5 Bon Ami Co class Class B 38% Jan 79 1 25 14 300 78 16% 50% 53% 77% 13% 1 peso Inc ol *53 54 771'a 29% Co series 700 *13% 19% % 62% 13% 1 Decker *5314 20 62 22 preferred Black 61% 29V2 11% common 1% 61 % 54 11,600 11% Co (Del) 62 54 77 Va ———————_i Steel 62 45 ■'» 22% Inc Gypsum 61% 220 45 % % 11% Corp Inc 46 21 % _loo Finance 46 92% __10 common; Consolidated 46% 100 1 _ Co 46 53 % 4 38% 2 4.700 33% *91 *90% 6,600 1 _ Blgelow-Sanlord Carpet (Del) 45% July 25 36 Corp—_10 33% 34 23% 4 100 100 20 a 10,700 28.700 4% 58 % 96 % 301 a 13% 92 3b % *40 43' 13 100 13% 140 *82% 90 4% 42% 13% 92 38% 10P 4% 43% 13% 100 1.9% ___.il ... Savers Aviation 19% Jan 77% Aug 9 198% Dec 31 pld preferred 21 Va Dec 28% Nov 29 59 50% 4% 43 34 1 99% % 77 16%» 95'% 4% 44 *42 10% :T26 : '13.7'a 91 % 91 46 53% 13% 58% Corp Howell 32'A Jan 7 20 Bell 100 % 61% 44 10 RR_. Aircrait 1 13 25% Nov 13% *42 No pur Beiciing-Heminwuy Bell 2 16% Jan 28% Jan 23 5 Corp Inc Life >3 172% Feb 5 Beech-Nut 3 % Jan 8 10 2 Creek 18% Jan 20 Dec 10 30 (A S) 4%% Aircrait Corp 307b Feb Dec 32% Feb 1 common Beck Shoe 94, 13 y. Jun 71 1. Jan 85 44% Jan 146 RR -Corp Works 33% Apr 17 53% Jun 22 • 14 44 '/a Dec *90 Coid Cigars Beech 40 % Jan 50% Dec 1 100 91 % preferred _____] 00 Mills Inc —_—2,56 Becknian Instruments Inc 1 3 27 1 100% 4Va% 2 8 1 % Dec 100 *90 Beaunit 17 Jan 14 30% Oct 100 loo preferred Iron Jan 28 18% Nov B Beatrice Foods Co common. 12.00 33/a% conv prior preferred-—100 40 Jun 48 Va Jun Bath Bayuk 28% Jan 28'A Feb Nov 33 34 — 31 19l/aJun 39 126 series Aroostooa 83% Jan 44 19% Jan 17 116 Jan 12 % Jan 43 '/a Jan 67% Nov 26 16 Vs Aug 21 45 77 12 34% 79 % 53 % Jan 14 34 77% 24 12 34% % 67% Oct Sep 33% No par 53% 9 Jun Co 61 42% Jan 16 13% 53% 4% 82 V* Jun 43 Va 13% 61 % 1 44 4 "4 43 % 13% 4 45 1 62 % Feb 6 4% 43% 18% 45% 2 19 4% 433, 13;% noncumu'iative preferred—100 58% Jan Jan % 42% 44% 27 Jan Corp ,_H)0 68% Jan 12% Oct 31 4% 9 13 (The) Llee & preferred 28 60 1 Co i% preferred series C Baltimore & Ohio commons 53'/a Dec 39 I110 Wilcox Baltimore 4Va% T) 6 8 1 r, - ' 6'« 36 3 . 1,500 36% 3.700 14% 14% 4.500 82 57 26% 32 32% 50% *50! % 6 Va 36 % *25! %; 6 Va 4 14% 82 *56 - , *56 - *25 82 149 57 10 .26% 100 31% 32 V, 16.100 *50% 50%- - 300 - f STOCKS Lowest Highest 12 41% Feb 23 45 Vb Aug 23% Dec 31% Jan Nov 14 Nov 30 » * Airlines 21 26% Jan Capital 21 45% Jan Carborundum 3 25% Jan Jan 30 104 % Jan 2 29 22% Nov 29 27 Ye Apr 2 22% Jan 403/4 Feb 29 65% Dec 31 56% Jan 49 % Nov 20 623/s May 16 Carrier 65 % Jan 11 4434 Feb 1 46% Jan 7 21% Jan 31 22% Jan 4 Jan 5 143/4 Jan 2 16% Jan 14 119% Jan 9 Jan 2 110% Jan 14 7 % 5% Jan 11 5% Jan 16 6VaVo 18 11% May 28 ' Dec 21 Dec 23 94 4 % "87 Jan 18 96% Jan 96 Jan 17 97 % Feb 14% Jan 2 17% Jan ' 8 < 10 21 119 Feb 27 105% Jan 30 108 Jan 11 21 75 Jan 13 65% Jan 2 70 Jan 8 3 Feb 14 28 Nov 28 17 81% Feb 28 38% Jan 11 17% Jan 9 18% Jan 23 16 20 7 23 20 v'8 % Dec 43 Jan 22 21% Nov 14 35 3- 86% Jun 9 Jan 13 3 18 16 4 • 15% Jan 61 Aug 14 52% Jan 2 113 Feb 1 95% Jan 21 27 5/8 Jan 23 35 July 24 29% Jan 2 43 Jan 21 3 32 3 Aguirre Aug 9 41% July 27 34% Jan 38% Jan 24 193/4 Nov 18 Vis Jan 22% Jan 10 8% Jan Jan 8 Cerro 18 59% Jan 8 17 10% Jan 11% Jan 10 45% Dec 26 35% Jan 43% Jan 2 2% Sep 28 4% Jan 3 2% Jan 3% Jan 11 67 Jan 69 3/4 Jan 9 75 % May 9 a Illinois preferred 57 % 46% 45% 22 21% 21% 15% 15% 15%, RR *97 98% 16 16% South 69 35% 35 18% 18 22'% *21% 21% Pusco de 83 83 10 31% 313 k —50 *32% 32% 5 x 30":» 7,000 10,000 98 97'% 16% 16% *97 16'% 14,700 280 105% 68 68% 68% 69 1,800 35% 35% 35'A 35% 8,700 18% *18% 18% *18'% 18% 200 21 "a *21% 21% 21% 21% 107 106% 9% 83 43'/a 15% 15% 15% 54 54 99 99 3,400 15% 55 *54% 1,000 . 70 100 *99 100 600 - 82 15'% 54%, 53% 1,800 43'%: *79 15% 15% *99 1,000 9 Vh 43% 83 *79 54% 9 9% 43% 9%/ 43% : * 31% • 31% 31% 31% 31% 31% 31% 31% 2,700 -*32% 32% 33 33 32% 33% 32% 32'% 200 5,700 37 36% 37% 36% 37 36% 36% 36% 36% 19 18 18% *18% 19 19 19 18% 18% No par 9 j> 9 9 8% 8% 800 4o-a 4o '/4 7,4too 10% 5,800 37 9,300 Co- 49 % 50% 50 % . 9 9% 9% 49% 50 '.'4 50 48% 47% '■ 3 0% 10% 10% 10% 10% 10% _l 39 39% 3 8'A 38% 38 38% 1 3 3 % 3% 10% 10% 35% 3% 35% Inc 37% 3% 10% Co— 3% Gotham 200 16'A 68 % 106 *79 100 971% 107 9 Corp__ Aircraft Chadbourn *79 15% 410 5% 90% 9 % 54 107'% 5% 89% 43% *98 106% 109 19 Products Certain-Teed Cessna 3 % 44% 15% Corp Sugar Industries 9 '/a *42'/a 99 *107 330 5% 21% 9'% 55'% 18,200 91% % 43% 15% 15% 35 'ij *18% 93 1,700 15% 5% 35 *54% 21% 90% % 68 / 8.800 45 21% 15% 16% 105% 35% % 57% 44% 15% 98 69 9% .56% 45'% 21'/a 91% % 21% 58% 21'/a 5% 18% *18% 2,800 57® 8 16% 107% 693i 58'A Co„__.,.9 50 West Violeta 107 109 69 *57% 45 *97 16;« 57% 58% 5% 98 % 11,000 57 90 • 430 24% 24'%' 107% 1,300 103 24% 24 % % 24 103 103% 46- 106 5% 89 % 35 100 J_ 106 5% 88 No par Service N 105 5% No p».r 1 15% 90% *107% 0 com _ of Co 15 102 88% to Elec & 46 *21% 108 23% 24 ir'n 7 Co Public Illinois Century 28 54% Jan 58% 21% *79 Central 54% Dec 45% Feb 57% 46% -100 Central & 10 Sep 27% Feb Aug 58% 21% preferred series B— Central 8 14 57% *46% 43 7 1 773/4 July 19 57 % 1 Jan 19 13 57 No par Central % 58 Co 28 9 56% 50 Sugar Light Oct 7 57% Georgia Ry com Gas Nov 14% Mar 56% 5 1 4%% 13% Jun 31 24 ——2(1 Central 33 7% Dec 24 „1 , Central Hudson 32 28 24 _L—100 preferred series A_100 of 4 35 24 • 24 - 10 11 100% 103 *97 31% Jan 17% Mar 22 31 102% —100 14 16 16 16 23% Amer com__No par Jan Jan 55% Jan 153/8 Oct 98% Dec 24 24% No par preferred preferred 5% 51% Jan 4,400 23% 24 »i06 Foundry 12 7.200 41% 10^ Central • 23% *41% ■ Central ' 25 Jan 45 22% 42 15 Central Jan 9% Jan 8% Jan 42% Jan 12% Mar 16 573/4 Apr 5% 23% 41'/a 102% »Celotex Corp common Jun 47"% May Feb 17% Dec 34 23'/a 41% 23% preferred conv 23% 41% 102% preferred 4%% > 23% 41% 12.50 2nd conv 2nd 7% Nov 23% 40 common Celanese Corp of 64% Dec 102 23% 41% ^_lo preferred 4.20% 23"% 40% 23% Caterpillar Tractor-common 1 3. 21% Jan Co I) (J Shares Feb. 1 23% , 103% : the Week Friday * Thursday Jan. 31 *23% ; Bales far pricks Jan. 30 *102% Co— r/o: preferred Case 8alb Wednesday 10 Ohio & Carriers & General Corp 5 Jau 104 11 13% Nov 102 July" 18 953/a 23 55 % Jan -.j 57 Steel Jan.29 Ry_100 Co Light & high and Tuesdav Jan. Zi 5 Corp-.common 2 26 53 % Jan 9 19 100 Power Carpenter 67% Jan " 8 24% Aug 16 Nov 20% Jan 43 Jan Feb 24 % Monday 1 Mfg RECORD low . . Pot Co Carolina Clinchfield Carolina i, , Inc (The) (Philip) Carey 22% Jan 102 9 ... STOCK EXCHANGE ■ Jan 40 17 Mar 121 !>■- Highest 23% Jan 1 29 'A Mar 20 22 101 YORK NEW Range Since Jan. 1 Year 1956 *- Lowest EXCHANGE STOCK YORK STOCK NEW Range for Previous , (621) Chronicle .The Commercial and Financial Volume 185 " Number 5609 1 Corp 3 % 3 3% 67% 67% 68 35% 10 36 V *67 68 68 68 % *67% 6J 4,000 r-3-% " Chain Belt Co 800 300 Champion Paper & Fibre Co— Aug 9 33 Jan 7 38 Jan 11 Feb 7 93% Jan 2 99% Jan 1 27% Apr 5 26% Jan 2 293/8 Jan 23 313/8 May 24 ucc 12 Jan 2 49% Jan 24 4 Oct 1 45 Dec 21 108 22% Oct 4D°,a Jan 3 6% Nov V Chance 36 % 99% 23% 28% 28% Vought Aircraft 1 46% 48 47 48% Co__ Inc 28 Checker Cab Manufacturing Chemway Corp 4 8% Jan 21 10% Jan 8% Jan 22 9% Feb 1 4 Chesapeake Chesapeake & Ohio Ry common 1 31% Jan Jan 29 69% Jan 9 21 105% Jan 29 110% Jan 9 24 % Jan 16 21% Jan 23 23% Jan 11 31% Apr 27 29% Jan 10 30 Jan 18 50 Apr 27 35% Jan 18 39% Jan 8 31 413% Jan 6 29% Nov 29 53% Jan 3 69 % Nov 96% Jan 20 109 3/4 Nov 20% Oct 28% Feb 9 17 36% Dec 28 35% Dec 16% Nov 28% Feb 21 65 1 h 3%% 2 37% Jan 15 11 Western 5% Ry 28% 14,500 48 % 47% 48% 46% 47% 23,000 91 9% r 9% 2,300 9 % 8 8% 8V4 2,500 8% 8% 8% 5 25 100 2)% 29% 67 65% 66% 66% 106 105% 105% *104',a 21% 22% 22% 22:% 22% 30 30 29% 29% *29% *35% 361 it *35% 36 *35 35% 36 % 36 *36 36% 700 6,400 653/s 106 22' 22 *29 % Del_50 *35% 36 ' 30 36% 36% 36 % 36 % 50 preferred 36% *35% % H11 ;29:,4 66 % % 9 9% a *8% 60 8% ' 29% , 29.4 No par com 97 '/a 28 % 8:!'h 40 Great 97% 28% 36 *29% Class A Chic 36'% 97 % 28 1 preferred Chicago &. East 111 RR com Jan 36 convertible 36 97 28%, 36% *97% . 9% 9% 9% 9 1.25 Va_. of Corp 99 3,400 36 .99%: 28 % V 477a 99 % 28 36% 36 % *97 1 No par $4.50 preferred Champlin Oil & Refining 10% Apr 13 443/4 July 19 12 % May 7 41 - . No par Common 29 34 94 *36% 28% 29 66% 65'% 65% *104% 105% 22% 22'% 22 Va 30'A 30 30 65%. 106 *104'% 108 . 37 700 29 x29 % . 10,100 200 1,900 • 300 29 26% Jan 16 % Jan 21 18% Jan 17 17% 17% 17% 17% 17% 17% 17'% 17% 59 V4 Jan 2 61% Jan 14 pfd 100 60% 60% 60 % 60% 60 "a GO % 60% 60% 60 % 1.000 71% Jan 60'A 55% May 28 2 26% Jan 11 Chic com No par 24% 24% 24% 24% 24% 25% 25 25 Va 24% 3,900 313/» Feb 233/4 Jan 24 % 21 2 35% Jan 11 ion 32% 32% 32% 33 33% 33 % 33 33% 32'% 32% 11 series A Chicago Pneumatic Tool— Chicago Rock Isl & Puc RI1 4,000 Jan 73:% 76% "••77%" 76%- 77% 75% 21% Nov 27% Nov 19 4fi3s Feb 31 44% Jan 30 751/4 Dec 70 3/4 Jan 21 78% Jan 35 % Dec 20 343., Jan 28 37% Jan 43% Mar Chic Mllw St A Pac noucum North & 5% 7 Paul & series 5% Western No par preferred Chicago Yellow 10% Jan 4 143/4 May 22 13% Jan 10 15 % Jan 25 12% Nov 5 12% Oct 12% Jan 4 12% Jan 9 64 Jan 11 Chile 10 51% Feb 9 69 % Mar i 56% Jan 2 60 Jun 1 87 3 64 % Jan 28 70% Jan 24% Oct Jan Chickasha 73% •34% No par Cab Oil; Cotton Copper Cincinnati 15% 15% 13,400 36 35'% 36 12,400 *15'% 16 15% 15% *15% 16 200 12% *15% 5 *12% 12% *12% 12% 12% 12% 12'% 12'% 800 12% *60 64 _ Co 25 35% 34% 35 36! 35% 4 2 27% Jan 4 87'A Jail 8 94 % Jail 31 55'A July 10 47% Jan 6 44% Feb "1 50% Jail 4 2 9'/a 3 102% 37% Jan 3 July 10 "Apr Jan 39% Dec 20 40% Jan 2 54 Jan 23 73 Vb July 17 61% Jan 21 C'8 % Jan; 12% Jan 30 20% Mar 29 15% Jan 18 17% Jan 102 Nov 2 104% Jau 18 30 Jan 9 42% Jun 29 17 Va Dec 27 93 20 » Nov 62 62 64% 65 % 65'A 66 ',4 65% 67'A 64% 66% 42,700 26% 27% 5,300 65 Va __8.50 27 27% 26% 2 7'A 27 27% 27 27% 92 92 93 % 93 Va 93 % 94% 94% 92% 93'% luo 46 % 47%' 45% 45% 45% 45% 45 45:!a 44% 44% 42% 42% 42% 42% 42% 43 42 % 43 42% 43 62% 63% 63 63% 63% 64 16 16% 16% 16% 16 :,a 17 % Electric— & • . _ I T Financial C 30 No par 10 Corp. Cities Service Co_ 4 30 . City Investing Co common—— 5 -5%% preferred _100 — 3 Jan ~2 18% Jan 2 20 Jan 7 93'A Jan 7 95'/a Jan 21 -.No par City Stores Co common——— 5 4%'A convertible preferred—100 Jan 14 Clark J 11 *2 5 39% Jan 14 40% Jail 21 65 16 196 May 28 89% Nov 30 103 Jau 13 80 Jan 22 83 34% Jan 26 43% Jun 15 37% Jan 28 75%. July 18 Jan 61 .' J . Cily Products Corp C ' _ ' 10 <» C Co * 31 Dec 26 19 Cleveland 18 Jun 2 104 Jan 14 69% Jan 17 71 Jan 4 Cleveland 39 Va Jan 4 40 Jan 4 Special 18!a Jan 24 19% Jan 9 Jan 10 3 Cleviie 40% *18% 18% 18% 18 % *95% 96 % *95'., 96',4 62 % 61%' 62% 62% 62 207 *161 207 *161 207 *161 81 *80 83 *80 83 *80 83 37% 37% ——No par 101% — Pitts <te 38%' 38% 28% 37% 2 78% Aug 23 Jan 18 Dec 64 15 Jan 70 29 3 % Jan 16 50% Jail 13 127'A Sep 20 141 Jan 5 136 Jan Nov 15 125 Jan 13 100 Jan 2% Jan 21 Nov 39 100 5 98 Vh Dec 20 40% Nov "29 1% Jan 13 40Vb Jan 2 42 3 139 it a »i Clopay 31 Cluett Peabody 99 Jan 42'A Jan ° 2 9 preferred 30 4% 2 Coca-Cola 11 106 Va Jan Jan 101% *70% 71% 71% *70% 71% *70% 7 i Va *40 41 40 40 *40 40% *40 40% 18% 18% 18% 18% 1 18% 19 94 % Mar 13% Nov 21 5 23 '/a Jan Dec 11 3 47 Jan 3 14 Jau 24 Jan 54 Nov 30 50 Dec $3.50 22 16'A Jau 25 82 10 29% Feb 1 33% Jan 48 ',4 Jan 16 50 % Jan 13 40 % Jan 9 55 Jan 11 18% *70% 27 16 22% Jun 28 34% Dec 19 29% Jan 22% Jun 28 34'% Dec 19 29% Jan 21 33 % May 28 17% Aug 16 16% Jan 18 9 " —— Columbia Jan Class 4 4 • 15 2 Jan 78 No par Corp—-2—Nu par & Iron com—No par 31 26% Jan 3 17% Jan 3 13% Jan 15 84 % Jan 3 77% Jan 24 78% Jan Broadcasting , $4.25 32 31% 31% 31% 31% 30% 31% 31'A 31! 1 31% 31 % 30% 30% 3,800 17% 17% 17% 17% 17% 17% 17% 17% 72,800 18 17% 18 *17% 17% 1,200 4,400 7,600 40% 7.500 47% 47 Va 47% 18% 18% 19 18% 40% 41 40% 40% 102 % 102% 102% 5 % 5%. 5% 5% 5% 5% 5% 5% 1,500 Mills Corp 10 Congoleuin-Nuirn Inc: ——.—No par 13% 13% 13% 13 7 a 4,300 14% 13% 13% 13% l(i % 16% 16% 16% 16% 16% 16 'A 16'A 16 VB 16% 37% 37 37 37 Va 37 1 '■> 37 *36% 37% 400 37% 37 • 17% 16% 16% 16 VB 16% 15% 16'/a 15 15% 10,200 Coppermine? Corp—^5 16% 45 % 451 45% 45% 45% 45% 45% 14,700 5 Jan 6% Jan 15 Feb 143,4 Jan 7 Jan 14 17 15% Jan 25 31 18 44% Jan 15 37 Jan Cone \ 8 Jan Consolidated 10 39% Jan 15% Jan 17 Cigar Consolidated 102 45 % Jan 23 61 N Y com—No par Cqnsol Edison 3 Jan 107 $5 ; No par Industries— 1 Foods Corp 1.33% preferred Electronics 35% Jan-23 Consol 16% Jan Consolidated 14 Corp Consolidated Laundries Corp 5 10 2 2 43% Jan 10 Consolidated Natural Gas Jan 23; 1% Sep 19 44 ; Nov 26 41 Jan 3 58 Jan 23 Consol 28 14% Jan 9 2 Jan 2 3Ve Jan 17 45% Jan tConsolidated Retail Stores Inc—1 Consumers Power Co com No par $4.50 preferred ——————,r—.No par ( $4.52 preferred ——No uar $4.16 preferred —1-—1—No par 51% Mar 13 • 16. Jan " 4 »■- 2 49% Jan 14 92 Dec 19 112 Jan 3 93 % .%rt 2 101% Jan 22 93 Dec 18 109% Feb 1 93'.V Jan 2 101% Jan 22. 103 % Jan .4 84% Jan 2 89 - 9 Jan RR Container Sep 18 17% Jan 16 19% Jan Jan 11 89 % Jan 11 92 25 28 36% Jan 18 29% Jan 2 30% Jan 31 106% Jan 20 99% Jan 2 101% Jan 48 Jan 4 92 Jan 30 115% Jan 2 3 5 83 3k Jan 3 108% Jan 0 Jan 18 18 , } i- Corp pfd—1-100 45'% 45 106 % 33% 15% :—5 1-100 Co com— 5 50; preferred 1C6% 35 15% 15% 16 4C% 41 49 49 5% 13% 45% 105 34 '.'4 15% 16 40% *46 ■ 14 105% 105 34% 35:% 15:l 15% 1 . - 106 % 105'/a 34% 35% 34 Va 347a 10,600 15% 15'a 15% 15% 15% 3,200 15% 1,100 40%. 40% 40% 41 3,600 '45% 47 % 43% 44 2% 2% 2% 47 % 48!« 47% 100 % 100% 16'A 2"« 47'A' 16 15% 16 2% 2'A XV-i 6,500 47',, 46% 46% 5.600 100% 620 101 190 99% 100 % 99 100 99 99 *99 101 *99 101 93 *90 92 '90 92 *90 92 18% xl8 18% 92 *89% 100 100 99% 92 30% 30 "4 100% 100% 45% 90 110% 45% no 111 17% *89% 30 % *100 45% 90 111% 17% 92 30 % 101 45% 90 112 -19% 17% *89% 30 Va *100 45% 90 111 % 100% 30 % 101 45% 92 111% 900 2% 46% •90% 177/s 1,700 105% 35 % ICG 47 % 2% 92 2,000 40% 48% 17% 106 600 47 % *16 40% % *88 103 103 40'A I 16 47'% ti 2% 48 of America— —No par Continental Can Inc com 1—10 *3 75 preferred T. -v-;~ .No pa* $4.50 conv 2nd preferred 100 $5 ' 6% 11—if-——; preferred Continental Baking 15 44 Cuba 4% ■ 17 Dec of Common 4 Jan 28% Nov 47% 18% *5% com % Jan o>"?e 48 187« 3.400 40%. Co 40 footnote. '/4 47 V4 18% 47 Vu 102 % Edison 15% Jan For 4,900 10.800 40 % 29 117% Nov 48 % 46 Va 102% 2 12 77% 46 Vb 40 % 3 27 *76% 46'% 102% 16 Dec 77% 46% 18% 43% July 25 83 *76% 47% 18% 21% Apr 111 % Dec 77% 46% 40% Jan 58% Aug 102% Mar *76% 47'% 19% 10 10 17% 77 "a 47'% 11 28 39% Feb 17% *76% 18 4 7'A Dec 99 17% 78% 102 "1 30% Jan 23 17% *77% 40% 36% Mar 12 104 12,500 31 30% 17'% 34% Jan 19 31 VB 31% 31 17% 401'% 15% Jan 28 5t 25 9 Dec *52 54 *52 54 *52 4.64'A' Qumul preferred ——100 Conae- Nast Publishing Co—No par May 18% Dec *52 54 Commonwealth 18 % 88 100 *42 54 *56% 31 31 82% Dec 31 100 59 25 15% Dec 43% Dec .13 400 40 *55'% 30% Engineering Combustion ' 15 51 *39% 58 Jan 49% Mar 22 1103% July 17 1 *49% 40 58 Jan 15 14 • 51 *39% 59 41 8% Mar 16 Nov 29 Dec V2 Oct *49% 40 *56% *56% 103 23% Mar 19 26 5014 *39% 59 59 Jan 39 4 44 49% 39 % 40% 10C% Jan 44% Mar 19 12 100 49% 39% 49 % 47% 24 27 15,400 47 Va 19% Jan 16 3/, Dec 30 *48% 49% *39% n Inc——1 Commercial Credit Co— 10 Commercial Solvents 1 48% Jan 42'% Nov 29'% 29% 30% 2 30% Mar 26 30% 30 % 29 16 Jan 1,100 30'A 29%, 30% % Jan 18 15 28% 17% Jan 223/4 Jan 14% *14% 30:!4 46 26 70 14% 15% 29% 13 31 30! 80 147/a 14% 30 % 54 Dec 30 80 28% 7 15 30 ' 5,500 4 4 81 % 28 711 30% Jan 13% Dec 15 1000 43% 44% 30% 29 23 15 a 23% 28% Jan 4% Nov 14% 431 *30 30% 18 6 80 30% 31% Dec 101% Dec 44% 80 23% 25 29 43% 80 30% 24% Sep 20 43% 80 23% Columbus & Southern Ohio Nov 42% "750 1C00 *750 1 000 >750 1000 43% 30 200 3,600 105 301a Columbian 4 38% Dec 105% 29 4 30% Jan 100 104 % 28% 48% Jan 3 Jan 105 30% 15 21% Mar 20 104% 47% 45% Jan 28% Jan 1 110. No par Apr 12 36% Mar 22 21 136- *103 No par Co— 20 23 44% Oct 136 110 Elec—5 Carbon 44% Nov 16% Nov 137 *104 104% N 7,300 31% Pictures Common— 5 preferred-. L—No par 28 % Nov 58 *136 103% 105% ' 2.50 2.50 B Columbia 11 137 103% 104% i 7,500 42 41% 137 System— A Class *80 2% 103 82 42% 2 % 42% 41% "20 4,800 '■• 8,700 65 64 % 2 Vi, a 41% 41% 41% < ■- 137 *750 1000 *750 10 com Columbia Gas System Inc 8 Aug 23 17% Dec No par Corp—No par preferred series B 50 Southern Ry com—100 4% noncumulatlve 1st pfd—_loo 4% noncumulatlve 2nd pfd—100 33% Jan 21 104% 5%% ' , 105 Co 2% 2'/a 41 2 i 65'/« 64 % 64% a 2 % : 18% 18 % 18;!4 18% 103 *100 104 64 1 64% 64 *135% 137 Colorado &c 24 Jan 58 66% Apr 59% Feb Fuel u 41 % *135 Aikmun Colorado 30 39 'A Jan 2b 2% 40% No par —-100 preferred Collins 2 50'A July 30 51% Mar 12 35% Dec 27% May 28 36% Dec 78 9 Dec 75 65% 64% No par lhternal/1 450 101% — Coigaie-Palmolive 46% Jan 14 5,300 71 % (The).—' Co Coca-Cola 62% 39% 101% 41 2nd prel'erred_100 cumulative 10 38% 101'% 101 % & Co com 1% 83 *40 Corp 8 4,300 63% 207 "80 ; *70 ——-1 24 Jan 2,300 50 Molybdenum 103% Jan 2 131% Mar 7-i ! 96 stock—50 gtd RR 7% guaranteed A,% Corporation Climax 11 Jan 2,100 19 18% 38% 38% *100 % 101% 100 1C2 I *161 207 81 40/7 40% 63 63% 62 % *170 16,000 4 *95 96 • 60 '' 18% 18% *95 62'a 1 40% Co com—100 preferred' 97% Jan Jail 24'A Jan 8 $4.50 6 45 111 1 1U4 40% preferred—100 Elec Tllum corn15 noucumuiative 'A Mar 26 80 39 % Dec 70 40% 40% 40'4 *102% 104 *100% 96 % . "' 97% Dec ; 105 X *J102'% 105 18,000 17 16% 17% 17 180 2,800 10,300 63% 63'A 64% 64 *102% 40% J 40;% 19 18% *95 % -__15 Ry Equipment C <Si St Louis 5'A *92 *100% 4.04 • Jan 39 Oct 46% May 24 185 10 Cincinnati Milling Mach Co „ ' ' .' . _ —_ preferred / 3 23% Jan 109 43 4% 10 64 *60 64 *60 64 *60 ' Common 26% Jan 4 25 Dec 87 j 64 % 25 Gas 76 35% 16 "75%" 73 __5 No par Chrysler Corp 26 16% *99 f *90 'A 18% *89'A 93 18% 18,100 92% 30'A 2,500 30 % 30 % 30 100% 100% *100 45% 45% 45% 45% 14,800 91% 90 90 % 200 111% 111- 111% 2,200 90 101 80 It 18 The Commercial and Financial Chronicle (622) NEW YORK STOCK Range for Previous I ear Range Since .Ian. t Highest Lowest NEW Highest YORK 167b Oct 14 22 14 % Jan 28% Oct 19 20 58% Apr 9 5% Dec. 138 1 :% Jan 26% Jan 7 4877 Feb 1 7% Jan 14 23 — Dec 20 70 23 60 364 2 Mar 20 1 1317b Jan 62 Jan 4177 Jan 69 Jan 30 43% Jan 30 29 33 Jan New Cooper 11 49% Apr 26 52 Jan 31 51 Jan 22 54V< Jan 31 66 Dec 13 60% Jan 3d 64% Jan 16 24% Jan 30 277b Jan 14 23 Dec 6 60% Nov 29 40 7b Mar 12 87'.2 Apr 5 52% Jan 31 5877 Jan 31 69% Jan 2 23 89 3 26 99 Jan 19 85% Jan 94% Jun 5 99 Jan 25 93 Jan 8 94% Jan 20 327b Feb 24 28% Jan 18 29% Jan 2 152% Dec 7 Dec 89 Oct 20 30 5% Sep 25 2% Dec Dec 4 79 Dec 18 5 155 237a Aug 27 677 Jan 3 5 33 180 77 Mar Jan 1977 Jan 57b Jan 2 21 161 Jan Jan 6% Jan Inc 3 Coty 977a Mar 80 Jan 15 81V* Jan 2b 3 28% Jan 2 29% Jan 7 Dec 4 14 Jan 31 15 77 Jan 14 Crescent 187# Feb 28 12 Jan 29 137« Jan 17 Crown 35% Feb 23 29% Jan 7 307a Jan 18 7 50% Nov 23 Dec 27 697b Apr 3 5174 Jan 91 104 Feb 2 25 57 Jan 2 98 33 7a Jan ' 28 92 Cream of . 13 Jan 14% May 28 10 774 Jan Jan 11 28 10 Crucible Steel Co of Amer 32 65 Dec 26 19 Jan 2 Jan 23 Cuba RR 6% 26 2277 Jan 29 2777 Jan 16 977 Jan 29 11 84% Aug 20 7% Nov 16 10% Jan 31 % Dec 28 40 6% Jan 3 52% Oct 9 63 31 8 3 Jan Jan Jan 65 2 »b Jan Corp 2 8% Jan 4%% 23 Feb 13 31 Va Jan 2 33 % Jan 14 777 Jan 18 8% Jan 4 63% July 19 54 Jan 21 55 % Jan 19*8 Dec 20 21 Nov 19 19% Jan 17 2034 Jan 26% Jan 23 49% NOV 28 44% Jan 21 477b Jan 14 49% Nov 28 44% Jan 28 47 Jan 11 Jan 11 53 Oct 1 47 "2 Oct 1 79 Dec 21 ll'b Dec 31 4% July 16 12% Dec 27 65 Nov 19 57 Jan 23 51 Jgn 21 56 Jan 24 79% Jan 7 82 Jan 11% Jan 2 12% Jan 9 Jan 18 6% Jan 25 Feb 6% May 21 5 17% May 21 ,12 % Jan 30% Dec 29% Jan 24 50 Nov 76*2 Dec 19 96 Jan 3 83 Sep 27 95% Mar Dec 12 99 Feb 1 2054Jun g 29 Sep 25 18 6 Jan 49 Jan 2 Jan 2 83% Jan 21 83 Jan 22 85 81 Jan 9 82 Jan 4 21% Jan 16 16% Mar 12 13% Jan 2 25% Oct 8 34% Jan 3 28% Jan 25 5 35% Feb 6 28% Jan 2 31% May 18 26% Jan 21 18% Sep 36% Jun 10 8 38 Va Jan 23 33% Jun 25 25% Apr 47 27 May 14 28% 28 37% Jan 2 61 % Jan 11 26% Feb 32 9 43% Dec 20% 207b 20% 17,600 5% 5% *5% 5% 2,300 .2% 23b 2% 2% 2% 1,400 33 77 33% 3,600 3338 287a 28% 28 7 « 14% 1474 14% 14% 14 14 7» 12% 12 12% 12 1274 12 12 50 8 72 33% 59 59% Denv & Rio 22 :: &c _5C 21% 21% 13.50 46% Detroit Edison Hillsdale & S W RR Co__ 100 2 Jan 31 35 Jan Devoe 2 3 11% Jan 24 & Alkali Diamond $1.50 | Divco-Wayne Dobeckmun Co 15 Dome 85% Feb 1 91 14 Douglas 21 20% Jan 23 24% Jan 5 58% Jan 21 67 29 Dr Dover Dow 48% Feb 1 55% Jan 8 17% Jan 2 10 % Jun 18% Jan 28 14 11 Jan 2 12 Jan 6% Oct 15 1 7% Jan 2 9 Jan 4 192% Jan 84% 58 57% 1,600 51% *52 52% 52 74 52 % 84 *81 84 12% 12 12' *81 12 4. 6 6 12% *12% 33% 82% 332 46% 46% 46% 84 6 6 12% 57 52 % 84 521/a *82 6 74 12% 6 6 3,200 46% 12% *12% 13 200 337b 12% 4 327 a 33 10.800 47 467b 47 2,800 *81 % 84 83 *82 83 50 *81 % 84 *81 % 84 *8172 84 50 90 *85% 90 *83% 90 *84 90 83 39 54 54 387-z *38 53 77 38% 39 700 100 53% 5,700 33% 2,300 33% 33% 337b 32 % 32% 32% *32 »7 32% GOO 22% *2277. 227b 22 7 B 22 77 1,300 14'% 14% 14-'% 14% 14% 31% 32 147b 14% 1,900 31% 31% 31 % 32 31 % 32% 31% 11 31% 2,700 11% 10% 10% X10% 10% 10% 10%, 10% 10% 1,500 50 48% 48% *48% 48% 48% 497 b 49 5017 4,600 66 *63% 48% * 63% 67 "63% 26 25% 25% 25% 25% 257b 25% 10% 257 a 10% 25% 10% 10% 10% 10% 10% 10% 13% *10% 10% 13% 13% 13% *1334 13% 13% 13% 86% 13% 8872 13% 2,500 87 89% 87% 88% 86% 88'7 85% 87% 10,000 23% 1 23 23% 24% 23 % 23 23' b 12,600 5974 59% 591 a 59:% 59% 60% 59% 49% 50% 49% 5077 48% 18% 18% 59% 49% 23,900 507« 1 18% "11% 12 7% 8 187 b 18% 12% *11% 12 77b 8 ." 7% 8 183 184'b 182 183% 108% 1087z 109% 1097a 87% 8874 8872 88% 497b 48 *45 50 50 *46% 48% 50 *50 53 common 10 preferred 4.10% 18% "11 % *4672 No par No par preferred 4.20% 900 50% 50 series 4% 2,500 60% 50 series $3.50 31 67 51% & Co- $4.50 24 *65 1 Inc Preferred Jan 23% 67 2 8 Jan 2477 *63% 59% No par 50 227s . 67 50 7 8 50c ^ (E I) 49 preferred 10 38% 39 6,800 9,800 *25% Co Industries 8 22 38% a 54% 19% 22% 50 . Chemical 4 Jan 38% 19% 39% 65 No par 42% Jan "4 Jan 19% 397 *39 39% *62 No par Co 46 16 •"38 29% 65 32% *49 50 38 19% ; 4177 b 50 3 19% 19% 39 "a 39:% *62 23% $4.15 22 19% 40 65 32 3 45 Jan 39% 14% *43% 14% Jan 11,100 40% 39 7 b *62 223 4 50 50 40% 39% 65 "32 $3.75 preferred 24 40 39 7 a 14% 29 11 39% 6,800 32% 44 Feb 2,900 22% 2 17% Jan 4,000 45% 1 Preferred 29 22% 14% 39 48% Jan 22 45 Va 34 Duquesne Light Co 18 22 7a 46 b 15" 46% Jan 22 45V2 33' 89% Feb 36% Jan 12 2874 22 40% 34% 109% Jan ■i 28 74 21% 34 8 29 6.900 2.000 46 %: 34% 4 % Jan 28% 5.300 30,000 22% 4 2 49 28 74 46% 53 3 34% Jan Jan 5,800 22% No par Common 1 1,000 83% 12 127a 83 557a 83% Jan 54 57 54 % 104% Jan Jan 59 *39 B 3 52% 57 74 300 22% 2 A Duplan Corp 25 557 6 Jan 59 "38 38 Jan • 1,100 18% 39% 54 3 4 —1 , Drewrys Limited USA Dunhill International. 2 19% 38% July 12 29 45% *62 121% Feb 18 *44 % % No par du Pont tie Nem Feb 45 25 (The) Aircraft Dresser 3 Jan 45% 2 Ltd Corp 2 31 % 455 50c preferred Pepper Co Mines "39 1 Dixie Cup Co common 57. conv preferred series 21% Feo Jan common 65 37% 2 10 Corp Jan, 2 11% Jan 14 Jan A Distillers Corp-Seagrams Ltd 141b Jan 28 class cumulative 1 54 45 39% 39% 18% 15 _ Diamond T Motor Car Co Diana Stores Corp— 2 52 45 300 40% 39 39% *62 1 Co Match 2 6 25.800 39 38% 20 Raynolds Diamond 14 10% Jan RR_No par Detroit Steel Corp. De Vilbiss Co L__ 14 34 "2 Jan Grande West 12% Jan 18 45% 22% 46% Western— Detroit 10% Jan Dec 21 44% 83 22% 28 2 25% Feb Dec V 31 23 23 46 *20% 46 "83% 30% 29 Jan Apr 9 16% Mar 21 95% Sep 14 43 54% 21 45% *82 % 27% % Jan 41 Jan 3 *54 *20% 45% *12% 84 20 65 40 43 "2 Jan 55 20% 46% 46% 39% Jan 21 Jan *54 20% 45 28% 2 6 *53% 28% 31% Jan 27 3.200 'J 27%.. ,21% 39% Apr Feb 600 8 31% 6 % Mar 77'a 800 44% 6 3372 No par Hudson 4 50 8 600 8% 33 % 31 & 18 53 33 31 common Jan 11 8 3a 7a 33 74 64 *39% Co 63 % Jan 28 7*8 8 *62% 4 "30% &c preferred 53 Dec 8% 8 54% *8% 33% 33 12% 32% 90 17 Dec 8% 34% *33 637 21 12 6 "12% 10 83 8% 63 2,870 44 % *81 12% *83%' 29 44. ' 84 *82 8% 64 10% 54 % *20% 52 109 64 9% 45,300 51 % 44 % 6 10% « 58% 44% ■ 64% 4 44 % 20%. 44% 44% 12 9% 8 8 20 *80 10 34 54% _1 100 62% Jan 39 *8% "33 8 C 82% July 5 *63% B 50% Dec 14 12,500 series 20 Nov 10% series 10 14% Jun 7,100 04% 10% 3.90% 23 47 23% 3.75% 44% Nov 19 26% 23 46% 16% Nov 44% Dec 2674 23 3 9% *82 7 2 48% Jan 99% 34% 27% 23 7 5 28 33% 27 23 100 Sep 20 35:% 28 7a 80% 14 26 34% 2 23 % 34 28 24 Jan 34 7 g 27' 23% 31 24 33 34% 27% 22% "30%f 15% Jan 83% Dec 33% 26% A Delaware 23 77 Jan 102% Dec 34% series 7% 250 24% Prelerred 2 21 64%- 2.50 100 13,200 V 10% 10 52 31 28% • Preferred 14 Jan 180% Jan 98 3.75% 28% Jan 32 % Jan 5 53% 97 *30 % 30 2 Apr 52% 97% 31 15% 2 237 53% 9774 *30 7« 22% 11 29 53 97% 31 22 Jan 175% Nov 53 % 97% 15% Jan 17 52% 97 29 % 14 12% May 23 52% 97 3074 21 11% Jan *80% 51% 15% 31% Jan Jan 30% 52% 98 22 19 57 "30% 513 4 97 29% 17 23% Dec 4,900 22 23 72% May 28 18% Dec 3 3,600 12% 15% 23% Oct 33 700 14% 12 15% 16% Feb 7 30 28% *14 22%. 3 26 2872 28% 14% 12% 85'4 29% 15 Dec 28% 23% 14% 2 29' 4 17% Jun 10 287a 28% *83 7 157a 13% Jan 12% Nov 29 857b 22% 27 26% Dec *83'% 15% 31 % Nov 75 84% 72% 39 12 *82'% 29 % 57% Jan Dec 84'% 15% 2 62 33 % 29% 31 13% Aug 27 337b 15% 21 60% Aug 17 33% 29% Jan 29 33 % 15% 32% Jan May 25 33% 28% 53 % Jan Nov 33% *82% 84 10 60% Aug 13 9 6 50c 44% Apr 35% Jan 49 33% "82 Preferred Deere 23 39% Mar 90 Decca Records Inc 11 29 20% 10 19,000 161 24 31 29% Nov 20% 159 15,300 30 Jan 16 22% 39 20% 7b 50o Apr 5 20% 160 59 77 Dayton Rubber Co 37 20 20% 160 29 Va 59% 8 31% Nov Dec 20% 28% 58% 10 43% Jan 40 162 2977 159 60 Jan 29 Jan *159 58% 23% Jan 18% Jan 12 29% 28% 159 54 Power & Light Co 18 29 29% 159 20 Lack 14 29 28% 8 common Delaware 26 94 29 3,800 88 94 54 preferred Delaware Jan *86 96 % Inc 7 24% Dec 88 *94 5 25 38% Dec *86 96 _l Jan 79 88 "94 100 jail 9 200 *86 8% Inc_ 47 7 25% 53 77 5% 10 25 % Nov 25 59% 1 28 14% Feb 64 25 77 96 No par 10 Jan 61 88 1 Dayton Power & Light common. 31% Jani 14 31% Feb r 1 130 52% 61 59 2.50 Inc Corp 30% "52 52% 86 23% .„ 21% Jan Jan 5,200 31% 64 *94 No par convertible Day,strorn 31 % 307b * 5 45 July 25 48 5% 25 24 27% Dec 26 77 May 28 9 34 Jan 80 4 81 127-h Dec 12% Jan 2 46 16 9,000 2% 100 ; Davega Stores 35% 00% 33% Corp common_i—— 3%7« preferred series A 11 58 35 77 95% 26 3 a common Mills 57 367b 6 5 preferred $1.60 River 59% 35 % 87 10 Dana Dan 1,100 21,200 58 * 2% , Cutler-Hammer 37 6 common Class A 24 17% Mar 19 Prior 25 100 prelerred Curtis-Wrigni 8 96 May 16 a 64 56% Nov Jan 22 445 31 30 25 72 12.50 new. pfd Sugar Cunningham Drug Stores Inc Publishing common 11 33% Feb *62 4,500 59% 36% 2% 5 preferred Prior 60 % 24 7b *52 118% *587b 6 Curtis 10 52 60 »7 25 Vu 117 7b 60 37 77 2% com— Cuneo Press Inc 28 9% Sep 52:% 62 24% 121 2 noncum Curiahy Packing Co 2 52 "60 20 .No oar Cuban-American 7 52 64% 25 a 37% 2.50 preierrea 23% July 25 14 7b May 52 % "59 0 (The) common Jan 2514 Dec 30% 158% ' 14 3b 3 b 30 3 1197b 37% 8,500 59% No par Zellerbach X35% 30% 121 61 37 6,500 634 1 Seal 387b Jan $4.20 59% 3777 30 "60 4377 6% 48 87 lflO $2 preferred Crown 58'!7 36% 4 7,700 2% new & 6% 38% *93% -28 Wheat Corp Corp Cork 48 Va 6% 30% 24% 100 47% 58 7b 118% 60 14% 24% 6% •56% 1197 b 14'% *2377 47% 0% 57 77 118% *59 14 74 24 74 —1 — preferred 16 Shares I —1 Crane Co common^.^ 30% Jan 46 7b .7" *24 3 7 7's "51 3 __1 International Corp 4 19 28'4 Dec Corp Coty 2% Jan 11 Feb. 31,000 , 37% "60 100 36% Jan 22 7 14 Vu . 37% 50 common -10 14 1*% Dec 6% 14% 25 : 30%, 100 194 ______ 21 11% Dec 28% Oct Relining Jan 3%% the Week Friday ■ 377 B _S common. 33 7 '7 55% 100 Petroleum — 61 5 __1 Corp preferred series ot preferred — *24 77 120 50 * Electric prelerred Products __ 219 -5 preferred.. 3 May 29 42:% Mar 26 2% Jan -5 _5 preferred.... Dubilier 14% *59 . tortv Cosden 46% i2' . 6% _ common 312 % 2 30 Co 3% % 3 25 46 — conv 77<? 25 46% 14% "36% 6> Corn 22 21% Jan Delaware—— issued"—— Coining Glass Works 8 27 7a Jan 25',4 45% 14% ' 5% ■ . Cornell *24% 14%. r Corp Co_ Range Bales far Jan. 31 —5 Steer Corp Copperweld Steel FK1CKS Thursday 14% _1 of SALE Jan. 30 _2s5 preierrea Cooper-Bessemer 8 Jan Oil HIGH Wednesday Jan.29 2 . issued "when com Continental AND Tuesday Ja»;!. S'ter-1 Motors Continental 9 21 "when convertioie 7t & common Continental 2 35% Jan 14 Rights 5 22 Feb 1 Monday Par Continental Insurance 7 Jari 23 5177 Jan 28 337a Dec Jan 117',2 Feb • 15 58% Dec 247a Jan 41 6 Jan Copper Industries 24 3 2 11 4577 Nov 7 11 45 Aug 10 —' " 34% Jun 25% Jan 97b JaK 6 23 Jan 94 15% Jan Jan j c 15 43 31 2474 Jan „ 22% Feb Sep RECORD LOW STOCK EXCHANGE Continental 127« Feb STOCK STOCKS 1 !*.*><» Lowest EXCHANGE Monday, February 4, 1957 ... preferred $2.10 preferred DWG cigar Corp • 183% 36 15% ,367a *88 8 18% 18% 1,100 11% 8 7% 11% 7% 2,900 12,500 184 185 7t 183% 184''4 109 - 109% 109 72 109% 89% 109% 89v -89 89 36 36% 301-4 35% 36% 43 44 *42% 43 42% 42 % 49% 49''2 *47% 49 7b *47% 49 48 48 3 4 49 49 *48 49 '48 49% *49 50 50 50 48 3 4 *46 % 48% *46% 48% 53 *50 53_ "50 53 48% "50 16 15% 36 16% 15% 15% 1574 18,500 18'b 12 184% 108% • 18 7 b *1177 357a *43 49 89% 36 200 1,400 700 15.200 44% 170 49 70 *48% 49 400 *49 - 50i'2 -*46% *50 157a 15% 48% 30 100 53 16 1,500 R 36% Feb 17 43% Feb 14 48% Dec 5 26% Nov 28 571/4 Aug 8 37% Apr 19 29% Jan 23 54% Dec 75% Jan 17 43% Jan 21 44% Feb 27 Jan 47 Jan 7 Eagle-Plcher Co- 1 51% Jan 4 Eastern Airlines 18 29»% Jan 11 Eastern 53% Jan 3 Easiern -10 Corp Stainless 44% Jan 29 84 % Jan 21 Inc Steel 23 100% July 17 Dec 18 170 Apr 12 152 Jan 2 51% Jan Jan 23 25 66 Oct 29 61 Feb 1 641/4 Jan 14 Eaton Edison Bros Stores 150 90'A Jan 158 4 22% Nov 30 30 Jan 3 74 23% Jan 17 7 Jan 27% Jan 14 94 10 79'/2 Jan 4 81 Jan Jan 8 40 Jan 16 1 21% Jan 9 6% 11 1S% Feb Eastman Dec 35% Nov 26 90 Nov 15 16% Jan 30 50 Jan 3 38 106 May 16 21% Dec 18 41% Jan 5 2% Nov 28 31% Feb 1 34% Jan 10 4% Jan 3 37s Jan 2 377 Jan 11 14 34 11 27 17% Mar 20 Nov 20 32 Jan 23 117a Jan 3 21% Jan 20 47 Apr 12 Jan 30 44% Feb 10 47 Va Jan 571/2 Dec 13 29% Dec 27 54% Jan 24 31 % Dec 28 25% Oct 31 29% Jan 30% Sep 12 293/7 Jan 3 34% Dec 50 13 32 Jan 25 3 327a Jail 3 6% Jan 14 1077 Jan 22 33 25% Jan 11 32% Aug 9 23% Mar 29 19% Dec 70 58 Dec Dec 31 7 12 86 Peb 71 '/uitnntot 5 85 no ere 28 21 34 Jan 7 'b Jan 11 14 Jan 3 8S3/4 Jan 27V4 Jan 2 T*n 31 21 203/a Jan 7 3 77 Feb 1 59 OB 19% Jan 71% Jan 2 July 18 coo 2 7 617b a an 16 Jan El Paso 25 7 95 38% '90 Natural 25% 83 Gas preferred series A Pittsburgh RR Co. 12,400 ;■ 63% 627b 627b 25% 2577 25 77 *25'7 83 *76% "8% 38% 38% 61 61% 2,700 25% 1,400 ' 25% 3874 83 397b *78% 38% 39 77 1 3,900 20 31% 7,500 3% 8,000 32 "2 32% 32% 33 33% 33% 33% 2,900 12% 13 14 13% 14 7a 13% 133i 5.000 33% 33% 33 33% 32% 33 6,800 *47 74 48 77 *47% 48 74 *47% 4877 567a 56% *54 567a *54 317a 32% 32% 33 3074 33 31% 317b 30% .5 6% 10 197a 19 % '1978 25 33 33% 33 74 33% 8674 87 86 86 50 89 3% 31% 100 8,300 45% 158 19% 47% 5672 8.50 87% *154 31% 33 No par 45 89% 3 7b 4774 10.0 47 158 32% 32% 6% 88% 20% 33 30 46 *154 32 127a 674 11,900 3,200 20 32% 30% 29% 3% 12% 29% 800 46% 28 3 4 32 % 32% 4 44% 44% 20 12% 31% *43 7 a 3% 3274 32% a 47% 2977 31% 3% 31% 44 3 46% 28 20 3% new 44% 32 31% *54 ' 20 »b 20 3% 49 47 89% 158 . *90 3274 5672 2877 95 2078 '5474 xG3 44% '47 *90 3% 10 . *78% 38% 95 31% "47 Eile RR common & 63 % a •787b 38 y8 467b 88% *155 20% preferred Equitable Gas Co Erie 38% *90 46% 89% 158 63 83 44% g dividend preferred 5% 88% 25% shares Emerson Electric Mfg Co Emerson Radio & Phonograph Empire District Electric Co Endicott Johnson Corp common 4% 44% 156 63% common 23 89% Battery— Elliott 33% Jan 45% 158 44 3274 Amer 17 15 88% '3 54 63 2.50 (The) Ind 36-/4 Jan 29 2877 25% Elgin National Watch Co. 2nd 46% 28'2 43% 1 7a Jan Co 47 27% *78% 100 stock conv 34% Mar Jan 25% 46% 2874 1 preferred 13 V4 Jan 98 2 common 31 5% 21% Nov 27 23 Ex Mus 57c 1 Nov Storaee 13 20 Jan & 17 31 Jan Auto-Lite Electric 7 47% 100 Inc common Co Electric Jan 5% Dec 6 14 10 preferred 49'% Jan 31% Oct 9 337a Jan common Stop Nut Co 61 19% Dec 87 Products 44% 46% 45 100 Elp^trio 32% Dec Dec Co preferred 4 % % 32% Nov 29 Kodak Manufacturing Co Elastic 44% 28 5 Corp preferred 4 77% Ekco 1 10 63 8 20 37b 6% 67a 6% *19% 19% 19% 33 7a "86 55 *90 95 1,600 70 56ib 500 32% 32% 70,700 31% 32 5,800 72 6% 6% 197 a 19% IS 77 800 33% 1,700 6 33% 3374 33 77 33 87 87% 887a *87 4,800 89 30 % 307a 30% 307b 30% 31% 20 31% 3172 20 7e 31 % 20 20 20% 20 207a 20 20 77 77 70 317b 20% '76% 80 *76''2 77 *76 7a. 7.7 776%. 77 *59 63 *59% 63 *59% 62 *59% 62 *59% 62 13,700 3.500 ■ 100 Volume Number 5609 185 ... The Commercial and Financial Chronicle NEW Lowest Highest 23 Va Jan 29 V4 July 17 YORK 3 Evans 16'a Jan 4 Jan 20 20 Mar 23 13 % Jan 2 62% Jan 23 96 Aug 2 87% Jan 21 10 Ex-Cello Corp 59% Dec 26 Products Co CO! 62 % 62 63 11,400 11 % 12% ll7a 12 11% 12% 11,600 13% 14 13 13% 13 % 13 Va 1 16 16% 16 16 15 l4 16 15% 15% 2.000 1 22! 22 ',4 2214 22 22 V4 22% 22% 2,500 28 12 16 25 '/2 Mar 6 22'A Jan 22 22% Jail 8 68% Sep 20 49% Jan 3 54% Jan 10 Fansteel Metallurgical Corp_. Jan 2 7% Jan 14 Farwlck Corp 3 15 % Jan 9 Go 'A Jan 14 Oct 10 14% Dec 27 48% Oct 9 62 Dec 20 63 Jan 29 43% Jan 5 55 Dec 27 52% Jan 4 10 17 37 % Feb 23 24'A.Dec 18 20!iJan 1 36% IMay 33 181/2 Dec 4 21 % Sep 30'/s Dec 26 41% Aug 11 Co Co 5% 5% conv Corp 8 6' it 1 14',, 14:,« 14! a 14! t commc 63 63 *62 *52 55 *5314 _50 *62 66 11 *52 54 _50 2 5 37% 22% Jan 35'A Jail 24 10 19 Va Jan 15 20'A Jan 31 27% Jan 21 31'AJan 4 Federated 2 Felt 4.6% cumulative preferred Stores 21 la 21'4 21% 21% 21 Va 341a 3414 3414 34% 34% 34% 20! 4 197a 191a 20 % 20 >4 20 20 28 >4 281 u 28 >8 29 28% 29% 28% 28% Tarrant & *8% 9 8% 8 Via 8% 8 Va Mfg „• 29 5 *8% 9 23% 26, 23' 291 281 2.o0 26 Vt Ncrv 29% Nov 29 43 May 1 Jan 28 32 Jan 14 Fibreboard Oct 1 135 May 1 Jan 16 102 Jan 9 47 % Jan 7 51'A Feb 1 preferred L 100 Fidelity Pheiiix Fire Inc .NYJ_5. 29% Jan 9 Fifth Avenue Coach Lines InO 66 2 Flltrol 53 Nov Dec 47 89 % Jan 30 96% Jan 1GJ.% Jan 2 103% Jan 22 3 27 Feb 7 92 Stores 17 Jail 4 7 36 Va Jan 22 Jan 16 92% Jan 25 12% Jan 4 •.'.14% Jan 10 Florence 50% Jan 10 52% Jan 22 Florida Power Nov 23 16 > 44% Jan 18 48'A Jan 4 Florida Power & 36% Feb iy 41 Dec V2 83% Dec 18 39 Jan 31 43% Jan 3 Food 9 88 Jan 11 88 Jan 6 54% Feb 1 62 Va Jail 50'A Aug 10 62 Apr 102'A Mar 13 July 77 12! a Flintlcote $4 2 18 31 3 88 2 3 16% Jan 17 17% Jan 8 July Mar 117 6 100 21 Va Jan 16'A Dec 27 30'A Oct 24 Stove 2514 2514 2o 291« 29 7 29% 291m 2914 "102.%- 104 48 la 47:,4 a 30 *102''8 104 28 27! 91 % 49 49' 91 4,800 *103% 106 281a 28 58U 59% 90 891a 91'8 91'a 103 '/a 103'8 *103!4 >8 92 1C6 11 11 11 35 'k 35% 3.) % *91 92% *91 92' *13 13 % *13 13% 35% 11 11 2,200 35'A 35'% 3,400 h 92% *91 92 % 13% *91 13 A 13% 48% 11% 48 48% *11 92% *91 a *13 13% 300 13% Stores Inc Fair 52% 53 46 45' Foremost 39% common—1 39 "a *80% 15 10 preferred—100 preferred Motor —_—_ *ll 11 39' 52 '/•> 52 ', 4.5% 45% 39% 39% 17 . *112 87 *87 55% 55% 16 7 16% ii 52", 4 3,o00 4o% 46% *,400 36 % Jan 28 11 % Jan 11% Jan 21 3 15% Jan 2 13% Mar 12 11% Dec 18 13% Nov Foster-Wheeler 42J/S Jan 21. 41% Apr - 24 31 10 Francisco 54% *122 Jan a Franklin 3 ' 8o Va, 70 a 57 % 56% 57% 44,000 16'! 4 16% lb% 16'8 9,.,00 38% 6' 38 b,0o J •" *87 , 16'% *87 88% 56 7 a 38'%' 12% 13 11'% 11% 78 July 18 97'4 Mar 20 86 Jan 24 Jan 2 Freeport 14 Feb 16% Mar 22 16 Jan 2 16% Jan 9 Froedtert 22% Jan 21 24% Jan 8 Fruehauf Trailer 38% Apr 11 Dec 79% Oct Jan 76 Mar 29 94 4 23 95 Jan 80 31 14 4% Sulphur 8(1 36 *13% 13% 13% 12% *11% 1-2 % 12 12 87 83 89 88 "a 89 16%': 16% 23% 24 23% 24 % 77 76 77 38 % 39 38% 38% 13 13 Co A 1 Co 1 common preferred . .-100 86'a 86 % * 16% 16% *1(1 % 22", 10 Corp 9 39 15% 11% 23% *11'%. *13 'a 11% 16% 37% 1 Co Stores Corp„ 23% 77% . 22 %• 77 Va 78 77! it 7t;% - 4,100 115 *110 88 3,i(J0 7,400 16% 200 - a 23 Va 39,800 *76% 16" *1614 1.000 •13% • 12! -.4 ■ ■ 55'A. 87. 10 -No par Corp Sugar 83 *88'A 766 122 4/JOO 39 Va 39 39 % 89 % 55 88% o 52% . 39 56% 122- 120 55 1(1 'n 1(57 it 2 55% 4 *88'A 90 *88% I 56 . 87 55% Dairies Inc 39% 90 y *112 ; 87 55 52 % 45% 45% 1 • ; 124 . 87 ~5 — . 551% 67'% . a *88' 90 55% , —100 CO— 52% 45% 52 45 "a pfd ser of '51 & Chem Corp convertible Ford 52 % _—7% Co_ _No par 30 2,200 36' 48% 48 "A 48% 49% % li 11 35" 6.500 % '/a 6014 2 11% 35 7 1,900 59 28 59% » 9,100 28% 58 28'a 8 3.500 30 103% 28 % 28 103! 1,700 > 51 % 50% ——1 Light 200 2,iU0 ,4 50 49 % >'0 35% u *102 Va 104 49 lit 90 11'a 29% 30% 30 *102"8 4314 i 103 Va 50 29 7 59 5» 5818 106 , 12.200 29% a ' 8y2 Feb 22 2514 29 % 5 — Co 3%% 3 Jan 57% Jan 21 54!n Jan 159 30 25 '4 .No par 3%% 128% Jan Jan 84% Jan 13 Nov 51% May 28 common preferred $4.20 div cu^n Fpod Machinery 11 ;■ 5 Feb 82 a 2918 _5 Co (The) 25 29 % ' 63% Mar 12 109 Carpet Co 26 60 -103' .No par Corp 2 92 105 »/2 Mar 14 41% Feb Feb (The) Jan 11 *25 ',8 29 14 48% 90% 6.25 100 54% Aug 14 27 51 First National Firth Rubber com & *0% 29 4 « 1,900 000 9 . 104 58 a 34% Jan 41 lo preferred , 29' *103 477«' 27% conv Corp 4Vi% 23 51% Jan Paper Prod com—No par cum 21% Mar 12 3 29 12 2 47% Jan Jan 12% Feb __l Firestone Tire 2 16 61 21 10% Jan 33% Nov Dec 26 98 10 14 68 Dec 106% Jan Feb 101'A Nov Co Inc Corp 4% ■ .-10 Dept Ferro Jail 8,900 207h *19', Fenestra , 1,300 20'4 10 3 3714 *19% 10 15 55 37 % 37r'a Jan 5734 Jan *53% 37% 34% 31% Jan 26% Jan 55 371« 21 '4 26 27 *53 V4 34:l„ 3 23 55 200 66% 21'» 2 Mar 26 *62 37"k 31 61 66% t 8'/a Jan 30'/2 Feb *62 34 25 'A Jan 91% Jun 66 , 21", 28% Jan 1 11,100 37-'n 1 19 14% 50% 20% 9 29 1,200 14% 34% 39'/2 Mar 23 26 Va May 6% 14% % 1 — 10'A Jan 44 Va Nov 1 4 7.100 6% 37 la 31% May 29 Va 141a 64 50% 6% 25 11 8 101 14! 4 l.yOO 51% . 6! 4 37 "'a 14 100 6% *59 64 51 51'8 *614 ; '/4 *59 50! 4 51'4 a -.5 21 9% Jan 5018 a 64 *6 1 9 37% Mar 14 3 *59 64 6% 29 Dec *59 51'a <)■% Aug 8 25 64 22% 50% Jan Jan 7 22 % a 2 — pid ser A__. cum 16 * —5 — Fedders-Quigan *16 22,,o t *59 ,50 preferred series B 38% Jan 1 13y8 Feb 29% Feb 31 Va Jan Morse <fc Sugar — '' 56 1,900 7.100 60 21% Oct 14% Jan 15 Mi 90 Va 14 18 „ 15 Va 89% 15' 12% 16 Va Jan , 601 5,100 i 20 Va la 00% 2 6 90 13% 15-% Jan 7 15 89% 117i. 20 7 15 % bT- 60 Fajardo 17 15 la 14% 11 7% Jun 15% y~18 • 4 Weak Shares 24 12 Falrchlld Engine & Jan 75'/« Mar 15'2 do 23% 24 23% 21 !u 60 24 16 53 % Dec DON 23%' 14". 12'A Jan 2 2 15% 2334 IIS Fairbanks 2 12"4 Jan 17 13'4 ii'J'a ' 23% 1 591: 17 10% Jan Feb 23% Feb. __20 Jan 3 15 5% Dec 23% the Friday No par 65 15% Jan 15'A Nov 31 Jan. 31 Airplane Corp-1 2 7 Apr Thursday Jan. 50 1 26 Jan Sales far SAL* PRICES HIGH Wednesday Jan. 29 3 " 10% Sep 15% Dec 59 AND Tuesday Jan. 28 5 10% Dec 1 RECORD Monday Par Everaharp Inc 93 Va Jan 25% Jan 21 4 38V* May STOCK LOW STOCK EXCHANGE Highest 20% Dec 15 EXCHANGE STOCKS NEW Range Since Jan. 1 1956 Lowest 1. STOCK Previous Range for tear YORK (623) 76% 500 *16% H 23 . G 6% Dec 14 3 6% Jan 2 7% Jan 8 11% July 19 10% Jan 7 10% Jan 26 49'% July 20 42 Va Jan 30 43% Jan 8 31 'A Jan 4 36% Jan 8 1 Co 28 413A Dec Gabriel 4 9% Jun 9y8 Jan 32% July 31 9 25% Feb Gamewell (The) Co 41 39",, 40% 52% 51V, 51 % *51 7% 8'n 15 .50 34% 34% 2 1 14% 14 % 29 43% Jan 51A Jan 29 54 Jail 2 7% Jan 9 3% Jan 14 31 Jan 9 July 16 24% Jan 23 36% Jan 14 */2 Dec 12 16% Aug 13 14'A Jan 30 15! it Jan 99% Sep 6'A July 24 125 51 Jan 9 51 Jail 26% Jan 2 30% Jan 5 99% Jan 3 73% Dec Jan 34% Mar 13 24% Jan 41% Nov 23 80'/a Dec 13 97% Feb 13 30% Jun 12 Oct 25 17% Jan 13% Dec 27 10 17 *100% 73% 31 30 —5 9 Jan 9 par *130 26 Va Jan 11 2 par 38% Jan 2 7 128% Jan 21 12%, 121 12 Va 12 57'% 58% 57% 58 7 58 58 3 54 % 54% 53% 54% 53 % 54"« 4 12 Vb Jan 22 21 59% Jan 31 53 !A Jan 30 ' 59% Jan 2 19 11 Oct 1 6% Dec 31 61 May 108% Dec Apr Dec 31 124% Feb Dec 27 1 11 General 21 69 Jan 14 General Mills common 2 115 Jan 39 10 34% Oct 23 53% Feb 9 40% 3,900 33% 32 % 32 % *32% Eriuipt Precision conv 36'A Jan 32% Jan 2 General 18 V» Jail 8 General 29% July 18 24% Jan 2 26% Jan 11 25'4 37% Jan 8 General Steel Castings Corp——1 33 % 34 41% Jan 9 General 10 40 % 40% 30'A Jan 3 General Time Feb 1 General Tire Jan 23 160 108% Jan Jan 23 131 Feb 1 Dec 26 84 Sep 10 73% Jan 3 80 Jan 2.9 75% Nov 28 86% Sep 12 78 2 80% Jan 21 Jan 29'A Jan 4 27 37 Va Sep 12 25% Jan 21 45% Dec 13 52 V* Sep 18 45 'A Jan 24 50 Jan 4 41 23 61 July 24 45% Jan 28 51% Jan 11 9% Jan 31 *> 40 Va Jan 23 Va Jun 8 Dec 6 34'/a Sep 8!4 Jan 12 28 11 Mar 14 1 Gillette (The) 31 Va 23% Jan 22 25% Jan 2 Gimbel Brothers 7 97% Mar 21 90 41 V8 Mar 34%, Jan 9 5% Jan 14 Glidden 30 Goebel 21 Gold 2 21 160 Jan 28 75 Jan 4'A Jan Grace 60% Sep 13 50% Feb 1 1% Dec 27 2% Feb 14 3 1% Jan 60% Dec 9 18 34 Feb 34 Nov 19 45 Jan 3 77 Dec 31 99 Feb 17 7% May 18 41% Aug 10 108'% July 17 467/a Apr 3 2 1% Jan 10% Jan 20% Mar 16 36'/a Aug • 31 13% Jan 27% Jan 22 30% Jan 50% Jan 21 59% Jan 34 Jan 29 79% Jan 3 5% Jan 2 30% Jan 3 81% Jan 43 % Feb 2 1 2 Granby Consol M S & P Grand Union Co (The) 2 11 85 Jan J an 45 % Jail 14 9 14 7 79% Jan 10 75 Jan 9 78 Jan 11 Green 33% Mar 12 26% Jan 2 28% Jan 10 Green 21% Oct 18% Jan 2 19% Jan 14 Greenfield 14% Jan 2 15% Jan 7 80'% Jan 15 CO* npffo 3 85 Jan 31 Iron Great Western 70% May 25 Jan 43 5 24 % 24 % 24 3 » 24 % 91% *00% 91% 35 7 „ 4% 35% 4 % 4 % 7% Bay IH & Western Li Co Inc RR 100 —-i Tap. & Die Corp—No par Greynound Corp (The) common—3 4%% preferred 100 25' 35% 4% 42 % 43 25 25% 91% 90% 90 % 100 35% 35! a 35% 4,000 4 Va 4% 8.000 36 4% 4'.4 414 *157 163 *157 5,100 163 66% 69 10,800 76 75% 76 8.100 75 7» 75 % 32 % 32 7 32 32% 51 1% 34 % a 33 'k 31 % 81 V: 82 1 % a 34 *«3% 31 % *81 43 J»t 44 20% 20% 135 136 *70 74 32 733 V, "51 31 6 6 31V, 50% 1 % I'm 10% 10% X29% 29%, 52', , 51% 50% 1% 1 % lV'a 1% 1.400 8 -mo 8,400 l.oUO 10% 10% 10% 10% 2!) % 29 % 28 "a 28% 1,600 52% 53 % 52% 52% 19.500 35 511 34'% 343i 35 35% 351 a 34% 83 84% *83 % 140 83 83'4 85% 85 5% 5% 6,400 6 a 5% 5% 6 6 2,500 81% 31% 31% 31% 1.500 31 V, 31% 31 % 821 81 82 81% 6.800 82 81 % 82 44:% 43 3 44% 43% 6.000 44 43 Va 43% 21% 3.100 21 137% 74 20 7 « 135 *70 20% 135 *135 137 74 *70 27% 27% 27% 18% 18% 18 % 13 15: 15 15% 15 1 5 1 83 83 • ii 80 76 27 % 27% 27% 27% *13% 27 18-% 85 '21% 135 *70 74 27 % *33 4 20% 21 136'a 15 8o a 52 18% a . 50% 51 % 1% 27 <83 43% 25% 35 % 163 *157 12,300 42% 24% *90% i 91% 76 83! *70 42% 25 75% 65 % % 42'j *00% 75% 34% o 1,200 74% 51 20% 3,600 8% 69! 4 52% 43% 47%' 8% 68'a 51 % 13 48 46% 8% 68% 33% 100 47% 48 % *8% 67 V, 3.3 Sugar com—No par preferred 48'a 46% 8% 68% 33 6 900 *47% 46% *8% 67% 4 Ore 1,350 23,100 a 69' 74% 1 % 35% 163 *157 163 67% 42 % x42 5 Prop—No par Great Northern Paper Co 25 Great Northern Ry Co No par Northern 11 96 a % *8% Ex-distribution Gt 22 27 48 V, 46 8% 50% Jan 79% Dec 48 46 % 52 21% Jan 30 47 % 8 % 50% 138 17 % May 10 47% *45%. 12.50 Grant (W T) Co common——-5 3%% preferred 100 Grayson-Robinson Stores 11 9 28 11 Jan 27 27% 29% 132 20 80% a 10% 11 lS % Dec 80'/a 28 29 1 149% Jan 14 VA Feb 80% 28 11 % 2 25% Noi- 80% 28'', 42% Steel 70 p.n: 28% 29! 4 City 3,120 80'*, 11% Granite 50 134 85 *77 85 *77 80% 29% 31 20'% Jan Motors 130% 133 128% 28 711 5 19 y» Oct 1 793', 5 130 Vb Dec 23% Mar 79% 1.100 50,700 71 105 79% 46 No par Graham-Paige 31 6'A Jan & Co 9 1 Jan 32 R) 2 84'% Jan 36 (W. 124 80 1 2 18 35 12.3 105 12-1 68 % *100 105 *100 105 28 47% 4 57'/a. Jan Apr 1 70 % 68% 68 14 65 *100 29 45% *157 2 #eb 30 30 a a 80 % 80 28% 1 Jan 32 1,300 16,000 29 7 78 78 46% 10 Tire Goodyear 4 40% 29% 124 121 % Co—100 (B F) <Sc Rubber — Gould-National Batteries Inc 28 33 3 40% 30 . *100 100 121% 35% Co 33 Va 40% 29 % 65 1 10 Brewing Co Stock Telegraph <fe 34 % 40% 30 (The) Goodrich 34 40%! 64% *90% Co 34% 30 No par 2 74% Jan 10 Va Dec 4 common 83 % Jan 27 Dec 16 2 37% Jan Jan 160 89% Mar 23 443A Jan 29 . 67% Jan 23 36 14 I 22 25 '/a 64% 100 700 40% 30 preferred $4.50 90'% Jan 2 3'A Jan 25 Nov 163 Jan 2,200 34% 1 Co 17%, 25% „ —10 4 Nov 25!« 32% ft 25% 63 % *75 317 „ 25 40" 40 10 preferred 4% 24% 36 34 '34 —4 Co common Jan 30 29 Co 44 28 y2 Nov 5 % Nov 29 Products Gerber Getty Oil 32% 29% - 29 84 25% Feb 100 ___100 4%% preferred 100 $5 preferred ——;——100 Georgia-Pacific Corp —_————1 4%% Jan 23 9 8% Jail Rubber 42 Jan 29% May 28 16 _ No par com-—2.:>0 Corp 54% Aug 23 , A Corp preferred conv preferred 4%% 100 7- _L Corp. Telephone , 25 % 25 % 1 5 2,700 25% 45 Va 2 16 45 45 33% Feb Oct 11,700 17% 45 17% 44% 39% Jan 102 313 17% 46 17% 45 7 121% Apr 31 Va 17% 17% 44' 2 27 32% 31% 17% 46% Nov May 17 31 :,4 *17% 32 17% 44% Apr Nov "6,800 31% 46 & 13,500 10c 10 3.6 71 4% 35% 35 3 35 'a 50 4% ' «, 1.200 35'/a 35 7 35 7 33 *32 1,100 4% 4% 36 % ,t 2,000 114 35 % 4% 4 % 4'8 4 "a Signal,——6.67 Railway Shoe 4% *32':, „ 35% Realty General 33% 4% i 41 41 *32% *91 J0c & Unities General Refractories 10 40% 41 33% 114 Corp——_5 Utilities Public 49 3 h 2 29 96 38% Oct 40% 40 Va 23 90 Nov 1,200 4) 41 7 7 79 63% 63% 21 11 60 38% 63 % 17% Jan 29 'a Jan Oct 38% 29% Jan 55 'A Jan 66 a 64% 34% Jan 5 Sep 91% 38 3 64!a 7 22 3 91% 38 3 64', 28 34% Oct 153 91% 38 64! Dec 66'% Apr 90 9118 27 3 i 64 General 13 8ya Oct 01% 37% 63 General Public Service 29 Jan 91% 37 4 47 % Nov 25'/a Nov 91% 37 7 29 % Dec 74 91% 2 50% Jan 113% 36% Corn—rfl preferred..—. No par General 29 113 % 90% 62% 4 44 'a Jan 113% 40:| No par Cement Co General Portland 19 158,400 40% 4% Jan 53% D'C 4 850 40!, 40'/a 113% 33% Jan 34 65% 114V, 40 '/a a 114 114 40 % 18 % Dec 19 3,300 64% 113 % 4 0 7 it 65' 64% % 64 115 115 2,100 113% 38% Mai 28 May 25 Nov . 500 4,800 6% 40% —1 4 $1.60 6% (j% 64% 65 114 17% 43 7 if 6% 113%, 4 Jan 17'% a 40 % 2 5% Aug 20 67 43% 43% 63 63,700 114% 16 32 35% Aug 24 17 43! a . 40 % 4% Jari 28 14% Feb 2 *17% „ No par 43% Jan 21 17% 43% 100,400 59 % 537 Advertising—— 15 Outdoor Jan 68 Jan 17% 43% 58'% 53'A * 17 Va 6% I 114 200 113% Preferred S3.75 series General 113 % 110 500 12% *12 54 700 14% 14% 59 "a % 53% 17% 64 'a 64% 113% 58 7 210 38% 126% 126 32% *12 12 *37 'A com.—.—1% Corp Motors preferred $5 1 24 39% Jan 24 Nov 29 91% Feb 38% Jan 63 64% 100 „ 8,100 86 *84% 14", 500 37% 38 V, 43%, 43 7 7 a *17% 17% 43 % No pa: preferred General 24 2 2 60 4% Dec 34 115% Jan 2 84% Jan 75% July 17 5& 43% Jan .2 33% Jan 3 50% Feb Jan 2 Jan 109 V2 Jail 16 37% Apr Corp 6% Jan 64 101'A Mar 15 Feb 32% Oct 8VaJan s 110% Jan 21 31 38 Foods 40 % Jan 85 -'24% Nov General *17% 43% Finance Corp 8 1 110 34% Jan General Jail 49 »A Mar 20 40'A May 28 31 3 44 ' 18 122'/a Mar 18'A Jan 13 40% Jail 10 »/a Mar 20 73 Va Dec 9 11 (Delaware >_J —_____-No par Instrument Corp 1 22 Jan 17 26 50% July 23 — ' 24% i 126 14% 14"', 30 132; 85% % 126 6,300 9 % 9 Va 24% 3 73 2.700 77 % *130 25 *37 % 38 127 *14% 14% *14% 14% a 129 85 85% 3 38 127 38! 38 *127 *11% 11% Jan 54% Jan 2 Jun 14 % *84! 85% *84% 33 101 76 "A 9% 10,800 30 29% 130 "A 37% 1 5 13 43 84% 129 *127 36'., , 54 *51 *100 77 *24'% 5 13% Jan 59% Dec 17 37 • 1,900 9% 25 ,_10 7 1 23 65'/a Aug 25 36% 3,600 5, 130'A s —2 45% Oct Dec 24% 14% 4% 101 37 ■ *24', 14% 30!4 30 76'% 9 3 900 35 54 *51 132 *130 132 11,100| 8Va '7% 5 *100 76 f, i.J, 9% *130 ■ •» 101 75 74" 9% 80 *100 101 74 % 4 5) 29'« i 22 52% Jan 11 J it 4'% *50% 4% a 35 14%, 4% 29" 1,100 51 U0 Va 'A 8 100 600 2,800 39% x39 Va 4 • 35% 14 U 37% 84% 100 51 % 8 *34! 14'3 25 *37% par 7% 40" 8% 147» Jan 7 14'A Jan 3 .100 1st preferred 31 85 Va Jan .9 8 33,a 14% 24%, —5 40% Jan Jan 0!A, 132 ' 33*'a 35 !t 54 *100 74 %: 33''a 35 37 2 Jan 4 29% 101% Jan 37% Jail • 3 3? ft 14% *51 100 —— 30 84 4% 51'!» 10'A 4 j Va 35 14% 3,o00 10'/a *42 !a 51!, , 40% 8! J, 8 "» it *34 29 % 2.50 131 77 54 *51..- 29'% Jan 124 13 Jan 138 6 Dec -. comi—l 36'A Jan 28 23 119 23 Jan 23 22'% Dec 40 $4.50 preierred !t 4%. —50 —_ Investors 9% Jan Jan 9 26 ..--1 . preferred American General 25 Jan 77 72 128'/a Jan 31 10% Aug 30 142 101 Ind American convertible 6% 30 (The) Corp General 9 19 106% Mar 17 Dec 31 51 May 22 9 Doc 30% Nov 1 60'A Oct Garrett 2 5% Jan 17 4% Jan 5 11 3,700 7 7 10% 43 Va 40% 38' 1; ■ 40 51 'a 39% Jan 4 33% 39 7 6 13 9% July 17 3 • , 42%; 33% it 1 Dec 54'% Dec 4 27 A 337 . *10 % *42 10% 42%- G% 6" V 7 19 V, —2 43 23 Jan 3V2 Jan 33% *42% . —5 28 Jan 6 33 Va Jan 44% 6 7 it 7 10'% 44 10% 10'a % 33% liar Co Gardner-Denver 30% Sep 25% Jan *42 6% 6 7 it i 10 "« .50 38 39 6" 5 — 18% 18% 15 85 2,000 18% 1,300 15% 15 15% 14.100 85 85 85 50 19 20 (624; The Commercial and Financial Chronicle NEW YORK STOCK Range for Previous Lowest Range Since Jan. I Lowest Highest 27 y2 Jun Jan 3 28 9 Jan 39-/a Mar 23 30 Jan 13 9% Nov 5% Jan 29% Dec 76'/a Dec H 98 83% Jan 32% Sep 27 STOCK RECORD 11% Jan 15 2 Guantanamo Sugar 32% Jan 1 11 9% Gulf Mobile & Ohio RR com—No par »5 preferred ; No 30% 30 80% Jan 16 123% Jan 2 24 85 Va Jan 36 Jan Gulf 3 .93 SO Dec 17 108 Fe, 6 91 Jan 7 100 95% Feb Sep 19 105% Feb 23 94 Jan 24 9 Jan 96 Oil 327H Utilities •4.44 dividend 32% 9'f» 9 •« 31 % *9% 9;« 500 31 31% 31 % 31% 4.100 *77% 78% 400 111% 112% 25,700 35% 35% 3,500 3o % 79 110 34'B 35% ~5"« *91 93% 95 94 95 -94 96% 96 96 %4% 97 41 *40% *91 93% 91 9 % . 31 114% 35% So *94 % 79 112 .5% *93% .100 *77% 112 'a i 100 ' 10 77 '5 35% Shares 32 3t>% 35 1 *9% 31 Co— Feb. 31 % ... 79 111 the Week Friday 10 79 109% Sale* far Thursday 52 ■ j 30:« 111% -100 PRICES Jan. 51 80 110 preferred SALE Jan. 30 32% 9% •,* No par States 32 a v y - 30% 25 $4.20 dividend preferred $4.40 dividend preferred— 1 2J 32 *79 Corp Common 17 Jan l HIGH Wednesday Jan. 29 par Gulf 34 % Jan Aircraft Corp AND Tuesday • fait. :iH 2 21 28 Par Oruaman 77% Jan 42% Mar 20 Monday 14 108% Jan 103% Feb LOW STOCK 34% Jan Mar 14 26 YORK EXCHAxNGE 147% July 20 23 83% Dec NEW Highest 30 Jan JO EXCHANGE STOCKS Vear 1.956 Monday, February ... 3577 *91 93'. 55 '91 18,300 55 % 96 95% *94% 97 *40% 41 % % 200 85% 85% 85 % 85% 4,400 22 Vi 22 Va 22 22% 95 V4 260 "94 Va 97 500 *41 41 H 39% Dec 17 58 % Feb 87 Jan 2 30 Nov 13 85 % Jan 24% Dec 4 Jan 41 92 10 20 Va May 19 45% July 25 19 22 24 Jan Nov 26 Jan 23 130 Nov 30 31% Feb 9 28 % Jail 3 111% Jan 15 27 Feb 99 64 % Jan 126% Jan . 15 20 39 23 37 17% Nov 20 46 31 2 Jan 2.8 Jan 11 28% Jan 24% Jan 67 16 26 % Jan 50 Jan 9 49 % Jan 21 Jan 5 86% Jan 7 20 17 Aug 6 26% May 25 31 45% Dec 124 20 45% Dec 3 27% Jan 80 89 29 Jan 17 3 15% Jan 24% Jan 16 Heime 34 3 Jan 2 17% Jan 10 3 47 Var Jan 23 49% Jan 7 Hershey Chocolate 9 4%% preferred series A—__—50 Hertz Co (The) __i Hewitt-Robins Inc——— % 5 21 49% Jan 15 32% Jan 7 37% Jan 21 40% Jan 4 14% Jan 9 13% Jan 30 3 64 Jan 2 78 Jan 17 3%%> 81 Jan 3 85 Jan 22 $4% 27 12'/a Jan 25 10 Jan 18 % Dec 7 31 25% Sep 14 Va Apr 7 18 Jan 21 12 7 21 % Jan 21 22% Jan 7 10% Jan 10 % Jan 7 9 % Dec 26 2 6% Apr 11 11% Jan 10 12% Dec 12 12 Jan 3 22 16% Jan 23 18 15 20% Jan 2 29% Oct 17 89 16 29 7 30% Jan 20 34% Jan 2 40 % Jan 10 19 63% Jan 2c! 71 % Jan 4 23 35 % Jan 39% Jan 10 2 95 Jari 6 Jan 2 2 25% Jan 3 12% Feb 10 40 91 18% July 11 26 Aug 6 28% Jan 16% Jan 36 25 Jan Jail 102 Va Jan 10 20 105 Feb 28 41% Jan 12 3 Dec 29 64 4 '/a Dec 13 93 Jan 18 54% Jan 15 1U% 1% Jan 2 23 6 % Jan July 26 82% Jan 16 13 4 % Jan 23 41% July 3 24% Sep 21 23% Jan 13 29 Jan 15 99 7 Va Jan ___l 2o aan (A) <to 5% Jan 18 2 28 5% Jan 32% Jan 22 3 4 Manhattan 17% 17% 17 17 Va 24% 24'in 24% 35 *54 35 16%' *16 J6% 3'i % 47;-I 48% 48% 48% 48% 48 % 47% 43 300 31 31% 31 31 6,200 38% % 38 % *38 36% 57% 38 1,000 13% 4.900 22 22% 21% 22% 10% *10 10% . *10 181 'a *10% ~ 14% 21% 20% •20%. 30 *29 36% 36% 63% 64 35% 36% 9% *26 % 17% 36% 36% 26% 631 •. 5:35 common. 95 A *10 l.OuO 2,6 jO 14% 14% 14% 1,400 20% 20% 21 20% 30 20% *29 36 1 30 35-% , 61 %. *29 36 5% 5%24 Vi •' 17% 17% 37 26% 17 •„ 3. % 400 26% 5,300 26 % 81% 31% t 87' *86 96 *94 96 52% 14 52 52% *13% 16% 14 *1% 52% 3,300 13% 13% 500 lli'/a 8,800 2 0% 85% 51% 15%: *6 ■ 20 96 16% l':. *0 86 52 % 30 87% 87% *94 13% 1% 6:la 83 16 Vi 36% 1% 6% *81% 1,900 *13% 16% v 85% 20 87 Va *94 52% 200 17 Va 38 % 25% *86% 16% 7,200 *37% *571/4 83 87 % .*13% " 88 38 *26 *81 > 40 0% 26% 17% 26% 20% 5% 26 85 , 52 7 5%. 2,300 12,600 96 17% 83 ■ 64", *94 26, " 38 1 5 Vt 5,300 35 7a 34% 96 % .jO 64% 36 *.,4 900 30 35 Va 65''4 35% 95 26% 1% 64% 36 ■'« 95 26%- *81 10'', 14 Va 17% 1,;.%. 80 ' 2 *1% 6'« *6 2 400 6% 200 I 86% 86% 86 Va 4%: 4 % 4% 4% 4% 30% 30% 30', 20 V, 900 20 % 20'% 20 % 60 4% 4% 4 % 4'ii 30% 30% 30% 30% 30' 20 20 20% 20 20 30 30 30 20 % 10 10% 4%, 5 7,900 18% *30% Refrigerator Co 21% 10% 36 Va v 13% 86 Va *10% 50 , 21 18% 1 series 27% 10% 26% *93 13% 120 21% 2oO 10 Vi 17% *86% .m%; 83 % 18% *26% . 87% 1 75 '82 *10 » 5% 52% 1 *73% 83% 14 61 36% 95 52 13% lb 1 8 • 5 V« 83 *93 13% 1,200 10% 35% 63a 26 % *86% 30 Va 35 "a 17% *81 13% - 83% ' 26% 3 . ' 5% 25 ,% *73 30' 18% *93 160 1 22-% 95 114; 1 14 26 100 16,100 •>1 83. 20* .'a 200 16 3,% J2 t 81 74 1 coin 48 % 49 3 1,300 35 113% 18% *29 *15% 114% *47 Va' 13 % 18'% *34 16 *113% 74%. >93 2.000 37 % 47% , 31% 13 5, 30 10 17% 24% 24'% 115 % ' 110 *17 34 16 700 1,900 89 % 31 % 114 38 34 .16 800 *87 24:% 83%; *29 r.89%5 17 10% com *87 24% 74%.. *6% Hussman 8j % £3% 5% pfd *87 73% ncncumuhitlvc preferred 100 Hudson Bay MI11 &. S111 Ltd No par Corp 49% 83% 1% conv 49% 14%" 100 5% 49% 14'! 4 par Hupp 49% 10% *. 14 Jan 49% 49% 14% $2.25 convertible preferred——50 Household Finance common—No par 33/<% preferred ioo 4% preferred 100 4.40% preferred 100 Houston Lighting' & Power—No IHudson 15 75 10% Howard Stoics Corp— Howe Sound Co.—,— 23 74% 14% No par Inc 8 Jail 75 10% preferreif—__— Houdallle-Industries 7 Jan 75 _lo Jan 8 76% 85 common—8 — Jail 88 *75 12.50 Co $4.25 preferred., & 15'% 25% 75 30 26 15'% 13% ' *24% " 38% - 26 25% 71 21 1,200 35 15 % 80 31 18% *34 25% *84 18% 35 15% 14% preferred *24% 600 6 Va 25 Va 48% 21% 4,100 28 Va 6 Vh 15% 48 Va *jo 27% *28 26 47% lo Hotel Corp of America— 26 15'4 1,800 26% Vi 6% *34 9,600 *25'a 5 Mining— conv *24% 3d 5 common Honolulu Oil Corp Hooker Eleetrqeheni 5% *34 *47% 38 50c Sons convertible Homestake 28 % 6% 20 40 34'% 33% 27'% 28 48% 2.50 —• * 15% Feb 11 Va Apr 19% Nov 17 12 % Jan 30 27% Dec 31 49 % Jan 10 Jan 29 Jan 26% Mar 19 3% Apr 23 . 1%N0V 20 5% Nov 26% Jan 81% 87 Va Jan 84% Jan 88 Jan 57% Aug 17 18% Jan 3 20 15% Nov Mar 14 30 2 96 26 Corp Holly Sugar Corp 10 18% Jan 3o 3 77 11 Dec % 28% Jail 3 22 3 Dec 83 Dec Jan 0 75 90 Hollander 14 23 29'/a Mar 25 23 Jan 5 % Jan 35% Dec Sep Jan 31 8 Va Jan Hotels Hires Co (Charles El Hoffman Electronics Corp Holland Furnace Co- 11 Feb 52 % July 17 103% Mar ie 26 24 % 11 74% Jun 23 21% Jan 22% Jail 40 30 Dec 9% Jan 32% Jan 5 4% Nov Hilton A loo <conv)„No par 27% a 6% 133 x39 % % 27% *113%: 116 31% 34 28 *47% 30 *130 42 34 26:4 48% ;u 41% 28% 47% series 2nd pfd V 36 % 116 . % 34-:, *6% 49% *10 37% 133 *130 4.1 26 17 16% • *115 Chem Corp.— _„-l preferred cuin 1%1 41 *84% 15% *24% %*34 34% 36% coninion_.No par — 26 18% Oct 16 —'—100 Heyden Newport 3 34 *16 common-—2 1/12 preferred 77% Feb 9 '/a Nov Feb 17% 30 *120 76% 88 24% 39% Jan 3,400 4,700 26 49"% 89 17% 115% Jan Powder *80% 2i% 2 39'.a 66% 35 *75 <49% 1 21 39 65 Va 6% *15% 76 49% 10 39 Va 26 % >2o% _10 preferred—_25 —2% No par Jan 5% *75 700 1,200 , 68% 20% *24% 15% 26 26 104% 39 t% 26 15% Jan 12 56 Hercules Motors 26 % *28 *34 25 % Co noncumuiative Hercules *25 25% 104% 67 41% 1 35 29 % Jan Nov 5 % 3.) 34% 15 26 107 68 41% 35 26% *104 39 34% 6% 26% 105 66 34% 26% % 39 % 42 28% > 66% 133 34% *6% *34 - 26% *104 41% 28% dist. (G W) common— 7% 38 % 64% 10 8 23 26% 108 *130 —1 preferred 100 Heinz (H J) Co common ;__25 3.65% preferred-:.———100 & 38% 65 41% 854 23 23 26:% 129 26% 50 86 % % *104 5 — common— E> 86 27% 04% w-———1 - (W 41 *22 100 129 -2.50 — Co— preferred Haveg Industries Inc— Heller 47% Jan 24% Nov Chemical 4Va% 2 Jan 26% 37% -100 — Hart Schaflner At Marx. Hat Corp of America common 22 21% Dec 31 % Dec Harshaw 13% Jan 11 Jan —. Harsco Corporation Harr-is-Seybold Co 99 2 35 Va Jan preferred 111 20 % Mar 19 13 Oct Jan 6 V# 41 *104 2.50 3%% 41% May 23 46 Va Mar 14 29 61% Dec 24 53% Mar 20 19 13% Nov Feb 64 23 33% Nov 34 51% July 19 21 Jan 24% Jan 3 21 V« Mar 15 29 Dec -100 Harbison-Walk Reirac common—15 Ex partial liquidating Hayes Industries Inc Jan 15% Dec preferred Paper Co——. Hecht Co 60 36% Nov convertible 16% Jan 101 38 Va Jan 1 common 27% Jan Jan 17 Co 1 76 25 Watch 1 21 23% Oct 87% 23% % Feb 15 3 110 7 21 a 74 % Jan 34 86 25% Feb 13 15 Oct Jan 34% Jan 89% Feb 27 11 17 41 23 — Dec Dec U 11 27% Jan 85 % Nov 17 % Jan 36% Jan 14 6 34% Mar 27 19 1 31 Jan 33 Mar 12 13% May 28 4% 25 Well Cementing—-5 Printing Co—5 F) Hammermill 3 Jan (W Hamilton 7 Jan 27 % Jan 9 26% Dec Jail 131 26 Mar 27 Aug 69 15 34 Mar 29 8 39 25 39% Feb 38 Va July 31 35% Apr 10 13 Oil Hall 11 45% Jan Water Halliburton 11 28 76 47 2 Hackensack 2 Jan 48% Dec May 22 5% Oct 31 Dec Jali 37% Jan 69% Dec 20 18% Jan 17 24 24 Va Jan 146 25 32 % Dec 89% Jan 1 18 107 29% May 28 24% NOV Sep Sep Feb 7 18 42% Mar 29 24 33 48 27 41% Jan j 87 *20 2,800 26.000 J I 27% Feb 10 57% Oct 1 50 Jan 23 41% Dec 21 44 Nov 9 35% May 3 72% May 4 60 Va Aug 15 61 Jan 19 29 % Jan 17 69 55 .71% Jan 7 1 63% Jan .9 Feb Jan 2 Jan 31 43 % Jun 21 44% Jan 17 15 45 53 Apr 5 45 Jan 58 Jan 50'/a Dec 11 55 Jan 9 51 44 Jan 31 50 27 3 45% Jan 4 48 45 Dec 12 53 Feb 10 45 Feb 1 20 30 Nov 13 27% Jail 23 19 9 8% Jan 60 Vi Mar 13 Feb 35% Jan 3 13 151 85% July 20 Dec 31 70% Jun 8 52 '/4 Dec 20 20 20 Dec 47 V\ Jan 23 83 Va Dec 13 27 V* May 28 400 May 15 33% May 28 143 '/a Dec 6 28% Sep 25% Jun 21 22 09 Nov 21 78 Jan 23 9 Va Nov 20 98 Va Nov 29 87 Va Dec 12 15% Feb 85 Sep 11 Vi 165 May Feb 0 100% Dec 13 09% Mar 20 24 Ve Mar 13 • 1 103 Va Jan Feb 35% Dec 550 $ Dec 7 31 31 41% July 25 174 Feb 28 32% Mar 12 33% Apr 11 78% Jan 148 21 Jan 16 86"4 Feb 1 48 88Va Jan 150 8 Jan 4- 1 55% Jan 11 21 Va Jan 24 45% Jan 30 52 Jan 2 Jan 2 92 Jan 21 30% Jan 21 35 Vi Jan 3 87 506 Jan 21 Jan 2 36% Jan 25 38% Jan 11 2 156% Jan 25 14 31% Feb Jan 27% Feb 1 69% Jan 10 2 537 29% Jan 72% Jan 115% 3 11% Jan 18 107% Jan 11 4 94'% Jan 30 21 Vi Apr 19 17 % Jan 2 13 20 Jan 104% Apr 16 19 88 Jan 7 94 Jan 16 112% Jan 38% Jan 2 124% Jan 14 2 40% Jail 22 7 84 Feb 15 Dec 13 144 Aug 3 44% Feb 20 70% Mar 13 29 34 Vi Apr 29% Jan 2 20 51% Jan 38 Vi Jan 16 33% Jan 7 34 4 37% Apr 5 29% Jan 18 38% Feb 7 38 % Jan 30 32% Dec 28 13 Feb 18% Dec 30 Nov 9 15 Vi Aug 27 49 (4 Jan 49 31 2 55 Jan 22 % Jan 7 49% Jan 9 Jau 24 32% Jan 2 13% Jan 7 23 Va July 18 14% Jan 31 19% Jan 2 26% Feb 1 34% Jan 31 3 32 23% Dec 18 10 17 Nov 19 22'/2 Dec 13 32% Oct 1 Aug 31 44% Oct 15 83 27 Dec 6 2 7 27 33 V» Jan 84 % July Jan 31% Jan 30 120% Dec 4 58 55% July 26 39% Mar 16 5 27% Jan 10 56% Nov 19 130 Feb 7 10% Mar 19 29% Oct Jail Jan 28 24 Va Jan 2 27% Jan 31 48 % Jail 21 53 Va Jan 2 123 Jan 3% Jan 2 21 130 Jan 22 International Salt— International Shoe International Silver 1% coin $1.40 cum Intertype 5 4% Jan 4 Corp Jacobs IF L Co 1 11 Jewel Tea 89 Jan 9 45% Jan 22 49 Vt Jan 31 31 77 8 62 % Nov 15 50% Jan 29 105% Feb 27 61% Jan 96 2 V4 Jan 29 99 2 Jan 29 76% Jan 20. 5,100 *21% 46%. *90 '31% 1 31 516V2 37% 155% *152% 31 28% v, *31 108';. 10 27 "4 *71 72 10% 107% 10 22 46 % 92 31 Va 519 8.8 % 154 *22 110 30% 30% 518 *71 105'% 10 "2 10% 95 % 17% 17 Va 89 90 89 90 *119 123 "119 123 x89 % *119 4,300 107% 19.200 10% *94 13 900 27% 72 108" a *93% 94 % 13 630 ol'% • 100 94 % 24,nno 15334 31% 27% 3,700 3 "V 153% 28% 101% 3,200 522 3771 100% 18 4,200 101 12,200 96 100 ' 17% 17% 90 *89 '119 123 1,400 90 123 700 I 200 39% 39 *47% 39% 48 39% *47'4 48 39 Va 2,400 48 48 35 *47% 48 *32% *34 47% 35 47% 300 34 34 *33 35 31 % 31 31%, 31% 31% 31% 53% 31% 26.200 53% 53% x53% 53% 53% 53% 1,800 p.ar com__5 25 __5 30 53 *52% 31% 31% 53% • 30% 53% 54 *53 31% *31 % 1 4 14% 14 25',, 24% 31% 32 24% 25 Vb 50'.. 128 51 % 128 Va 54 21% 39 % *53% 30' , 39 % *33 35 100 54 *53% 54 32 . 32 32 *32 32% 31% 32 14 14 500 14 % 14 14% 14 14 4.600 25% 25% *53'% 54 Va , 25 "3 25% 24 7 31 % x31 31 31 % 31% 31 % 31% 31 % 25% 8 300 25 25% 20%- 27 "a 27 21 Va 4,500 51 49% 50% 3,300 50 50 *128 130 % a 50% *128 25% 50' . 129 24% 50 % *128 129 123 26% 16,800 129 Jan Jan 9 17 3%% Inc 4 25 24 24% 25 25% 25% 25% 31% 24% 24' 32% 31 31% 31% 31% 32 32 32 20 32 93 90 91 90 90 90 SO- 87 87 47 % 47% 47% 48 48 % «JR% £9 *£5 *90% 1 47% common preferred Johns-Manville Corp Johnson & Johnson Jones & Laughlin Steel com 6% preferred series A Joy 4 24 1 pfd-ZIlOO Co Manufacturing Co . 1,700 31 Va 72 — 46 S2 101 % 2 22% 4 j *90 j 50 Va Jan Jan 3 page 43% II__II5 18 8'J 30 see 33 % 48% 23 Iowa-Illinois Gas <fc Elcc Co—No par Iowa Power & LlglH Co lo Ialand Creek Coal common.! 50c •0 preferred 1 28 47% Jan 68 % * 1 5,200 25 1 24 91 35 Vb Feb 26 91 121 3 50 Jan 1 42 Va Jun Dec 91 40 87% 95% 18 3,200 86% 40 107% *93% 18- 9,100 79% 4 37 % 100 ' 36% 153 50 % 31 1 10% 36 79% >150 88" 37 "4 107% 80 "4 3,400 50 28 101 36 % 153 ' 95 %. 17% 36 ' 8% 87 V2 22 *70% 107 % 155 % 31 10 % *93 31' 155 100% 28 *8 Vi 80 515% 520 28 10%, 121 ~ Lake Sulphur Co_ Jersey Cent Pwr & Lt 4% Feb 72 % Jan 108% 28% 8% *150 92 -72 101 % 28% 00 ud 50% 45% 28 % 10% 28% r.2 47 88% *21% *70% 100%- " 81 *90 - 45 150 150 50% 31 31 36% 4o J 94% Nov 72 107% 35% *45% 45 *8% ... *OJ 48 *44% 8% 51 *47% 28% 87% *37% 154% • ul 2 8 "» 51 524 37% 156 ' 80'4 92 ■30% 73% Teieg_~No Jaeger Machine Co Mar 21 154 39 47 46: 515 37% 30% No par Jexierson 85 30% 521 100 Corp 9 58% Apr % 36% No par - *45'/a 22 91% 28 \'i 1.7.50 47 88 . 46 30 Interstate Dept Stores Interstate Power Co 8 1 25 *45'% 52 ' - 28% preferred 28% Jan 2 100 47 *51 36% *21% 92 517 *45% 149% 50% *79% common Utilities 36% Jan 6 par par *41 81 48 92 45 *8% 87% 21% 40% 30 *14 28% 36 Va 51 *21% 45 47 149 % 87 Vb 59% *44 57 Va 45 52 % X80 * 30 ■ *8% 82% 150 ' » 45 28% 8% 5 ; conv ' 37% 100 No par ^ International Telep & International *8% 30% par No par preferred. 3 67 Vi Feb For footnotes common $4 preferred Int'l Rys of Cent Amor 5% preferred 23 102% Feb 5 - Nickel of Canada—, No par international Packers Limited 15 International Paper 23% Jan 43 Va Oct 45 _100 31 % Jan Mar 14 48 *44% 87 preferred 15 55 *47 45 ' 28% 80 4Va% preferred Interlake Iron Corp No Int'l Business MachinesNo Int'l Harvester common No 1% preferred ; Int'l Hydro-Electric Sys class A Int'l Minerals & Chemical com 48% Apr 27 94% Mar 14 87 48 48 45 28% '129 1 5, tOO *44% * *47 ,_ioo 20 4.400 *47 . *44 "a No par Inspiration Cons Copper Insuranshares Ctfs Inc Intercheinical Corp common 59;% 57% *51 Njpar -. 43% Nov 44 Vi Jail common— preferred Inland Steel Co Int'l 7 38 6% 1 59 58 ' Mexico 100 pesos. Ingersoll-Rand 4% jan 9-% Jan Jan De — 99 % Jan 91 Electriea A - 145 Vi Jan 29 8 Industrial Rayon 30 99% Jan 4 105% Jan 106% Mar 13 4 14 % Feb 3 Jan Jan 39'» Jan 50 60 '/a *45 *51 50 Power & Light—No par 59 % 57 47 *45% 50 cumulative preferred cumulative preferred 4.100 00,', 50% 52 cumulative preferred 4.20% 30% 59% 56% *44 4.42% Indianapolis 30% 60% 50 7 4.6 4.70% 1 30 59 "a 56% 41 50 11 29% 59% 57 preferred 20 % Jan 112% Aug 8 14 Vi Mar 13 144% May 7 88 9 ..50 30% 59 % 15 29 % Jan 2 11 59 preferred 30 57 cumulative Industria 7% Apr 33% Dec par No par 4.26% Feb 44 cumulative 1q !_No 31 Jan 26 Va Jun 4.08% 15 Jan 54'/a Apr Dec Idaho Power Co Illinois Central RR Co Illinois Power Co common 100 5 *85 40% 89 47% 3% 4 "83 4 90 4 s£5 4 3% 4 49 89 3% 48% *85 4 4.400 8 3,100 . 2,100 200 48% 88 1,100 - 47 % 47% 47% 48" 49% 47" 12 V2 73 73% 72% 72% 73 73 72 %> 02% 10 51 *72% 52% 50% 51% 52% 52 52% 51 100 96% 51% 96% 36,900 96% 96 % 96- 96% 96% 97 1 96% 1.790 68% 69% 96-4 63 69% 68' 70 69 70 68% 69 9,100 i 48% 4 43% f-.rj 13.700 1 pno 4 1957 Volume Number 5609 185 The Commercial and Financial Chronicle ... NEW YORK STOCK NEW Range Since Jan.1 Year 1 Lowest Highest Lowest RECORD STOCK EXCHANGE STOCKS Previous Range for (625) ILgheSt YORK LOW STOCK "EXCHANGE M ■Par AND Jan..29 * 'J.itn.%8 VliM far SAIJI FK1CES Thursday HIGH Friday '• Jan. 30* »*»'i Jan. 31 » * the Weak Feb. 1 Wednesday Tuesday Monday •« shares K 34% Feb 104 70% Aug 13 Dec 41 % Jan 21 45% Jan 3 103 Jan 21 108% Jan 7 3 38% Jan 4 3y% Jan 24 ] 79% Jan 9 82 Jan Jan 10 S8 Jan 15 97% Jan 18 JOu Jan 25 Mar Dec 21 Dec 5 103 Mar 13 108 Ayr 95 13 91 Jan May 22 92% May 9 SO Jan 4 67 87 Dec 23 103 77% Jan 4 4 38% Jan 31 4% 26% Jan 2 28% Jan 24 Kansas 27 21 24% Jan 29 12% Jan 31 13 % Jan 11 Kayser Jan 21 45 IDS % Feb 42 % Jan 23 Mar 27 May 28 48 DcC 147% Mar 14 23 Jan Kelsey 1 128% Jan 4 Kenneeott Kern 21 45% Jan 4 31 58% Jan 2 66% Jan 14 27% Jan 21 Apr 12 40% Jan 21 43% Jan 3 58% Apr 1 25 27 41 Jan 17 43% Jan 24 32% Jan 29 35% Jan 6 Dec 61 7 i-eu 47 >0 Nov 21 3y% 2 32% Dec 4 40% Mar 19 52% Jan 31 -74% Aug 20 82 Dec 18 25 Feb 1 2 89 5b 14 Kresge 21 29% Mar 29 25% Jan 2 27% Jan 26 501 '2 Feb 29 32% Jan 22 34% Jan 10 29 % Apr *91 92% *93 95 *93 95 *93 1 95 *93 % 95 *93% 95 100 No par 67% Co *37% 38% .No par 24% Jan 23 25% Jan 2 Jan If 50% Jan 9 <S S) Kress 4 Inc Co (S 4 54 % (JCt 13 167/a Sep 10 147k Jan 21 157k Jan 2 Laclede 27% Aug 7 24'% Jan 25 257k Jan 11 4.32% 4% Jan 6 37k Jan 8 4% Jan 24 7 177k Jan 3 187k Jan 16 197k Jan 3 Lee 34% Feb 1 Lees Kroger 69 69% 38 74 38 74 38'A 700 28 74 28% 28 2874 1.800 24% 24 % 24 '4 24 '4 24'/a 247k 4,500 24 74 13 12% 24% 12 74 *12% 12% 12% 41 % 41 4174 4174 4174 *417a 42 41% 112% 115% 110% 11374 11174 113 74 11174 112 109% 110% 2.50 ■ 1,300 127k 127 k 12% 2.500 42 24,300 3.500 42% 42% 42% 4374 42% 42% 42 7 k 4274 42% 427k 1 63% 64 63% 65% 63% 6474 63 64% 6174 62 25 28% 28% 28% 29% 2874 28% 28'% 2874 28 28 % 5,400 1 *41% 42 4174 41% 42 42 42% 42% 1,200 42 " 43 41% 4174 42% 41% 5 Co__. 4174 42 74 42 42'% 41'% 42 74 7,900 32% 32% 33 33 33'% 337k 56 57 com preferred (111) 1 10 ■ 32% 32 74 57% 57% 57% 57% 34 *33'% 57% 58 57% 90 *88 74 90 *38 % 27 *S8 90 *83 57 % *88 74 90 13.400 600 2,400 90 26% 27 26% 26% 26% 2674 17,900 No par 32% 327k 32% 32% 32% 32% 3274 32% 327k 327k 3,800 5 24% 25 24% 24% 247a 24% 25 25 25 25 1,600 1 47 47 74 47% 47% 48 49 % 4874 49% 3,800 4 26% 26% 26% _lo Co Co (The). Co 69 37'a 28 74 12-% common & 68'a 37 74 28% 40% 24% 100 Mfg 69 37% 1 8.75 Co H) Kroehler 10,300 69 * Indus prior 20 28 6874 28 24% 20 100 *9774 100 -39 *37% 28 23 *9774 100 67 68 % 50 com preferred 3 19 47 92% _ Dec 43% Jan Land Koppers 31% Dec . *91 .__2_; 2 22 Jan 92 74 Kimberly-Clark Corp King-Seeley Corp 4% To 96% *91 Keystone Steel & Wire Co 16 Jan *94 91 Co 4 65% Jan 35% Jan *97% 91 *07% No par & Oil conv *94'/a . 93 Copper County 4%% 96 100 84 98 Co. Kerr-McGee 4 Jan 1 Feb 98 30 Hayes 2,900 *82 96'% *82 100 Light Co (Julius) Jan 30% July 16 53% Apr Oct 42% A or Mar 2 Jan 39 12 39 7k 84 84 96 98 200 39 3974 *91 Electric & 39% 100 preferred Gas & 48 39 74 4874 ;>9C Southern non-cum Kansas Power 24% July 23 10 12% Dec 40 City 29 3712 Jan *96 47'4 *82 2,300 107 *48 100 __. cumulative Kansas Jan 20 2o% Aug 14. 21% Jan 43% 4.35 4V 15 Feb 24 25 *82 10674 48 preferred._ 1-00 13.80% preferred 16 Jan 100 74 26.000 42% 41% 107 42 74 47% 39 S4 84 43 106 , 3974 48 % 107 106 100 preferred preferred 4.20% 39 39% *82 preferred cum 4.50% 46 % Jan 9 Nov 24 113 39% — 105 *47% 48 *47% 14 71 % Feb 37 30 —50 4% 95 10 41% 104% 427k 41% 42 74 41% 104% 41% 104 Kansas City Pr & Lt Co com.No par 92% Jan 1 Mar 105 Corp 33% preferred-.—.100 conv 16 9 J. 30 Chem nreferred 45% Jan 78 Nov <fc cum 4%% 14 97ya Nov 28 89 Alum 4% 4V 31 48 44% Aug 96 Kaiser 2 2 Jan 20 Feb 52 18 37% Dec 44 3 Aug 127 27 Nov 47% 47'% 74 L 14% Apr 257k Apr 4 374 Nov 13 r. 19 163% Mar 13 187k Dec 30 22% Mar 12 187k Jan 24 8 34% Apr 32% Jan 8 3 97 26 Jun 89 Nov May 30 10 11 Ve Jun 35% Apr 26 58 3) 9 16% Jan 25 45% Jan 4 94 21% Jan 3 15% Jan 21 17% Jan 6 2% Jan 31 2 % Jan 3 ; 27k Jan 10 28 18% Jan 21 207k Jan 10 19% Dec 15 Apr 24 5 Oct 2 Feb 1 25% Nov 1 29'/a Nov 14 167k Jan 4 207k Oct 30 16% Dec 28 8 25 *4 74 •4% 17% 17% *17% 17% 17% 17 % 17% 18 17% 1374 18% 19 19 19 *19'k 19% 34% 33% 3374 34'A 34% 34'A 3474 Tire 18% 34 34 100 Co *90 7% Jan 16 1574 15% 15'% 15% 15 7k 9 20 41% 4174 4174 4174 42 41 No par 16 1674 16 Vai'ey Coal 2nd noiH-um Corp Fink Jan 15 Jan 22 Lelin 2 18% Jan 15 Lemer 1 82 Vz Jan 3 & 74 16% xl5% 16V4 16'% 1 2 7a % 2v% 2 74 274 2 74 274 2 74 27k par nonciim 1st preferred—No Lehman 20% 20% 20% 207a 20 74 20'% 20'% 20'% 18% Mar 29 12% Jan 2 137k Jan 14 61% Oct 64'/« Jan 2 68V2 Jan 31 Liggett 7% Jan 31 Jan 23 64 Aug 9 50 Jan 18 5374 Jan 7 Lily 47% Jan 23 76 % Nov 7 68 Jan 49 163'% Feb 20 18 14% May 28 35% Jan 6% 6% 674 6% 6% 67u 6'% 674 6'% 7% 27% 26% 27% 26% 277a 27% 27% 277k *19 74 1974 19 Vb 19'% 19 7k 19 7k 19 % 25 Sep 100'% Jan 3 18'/a Nov 29 Lionel Corp 44% Jan 4 Liquid Carbonic • ■■ . - __ ___ ■ List 11 Jan 9 3%% — 6 77k Jan 2 12 52% Jan 21 57 % Jan May 14 19% Jan 2:5 22 July 26 33% Jan 21 % Jan 21 6 22% Jan 2 9 99 Jan 23 99 Jan 23 13, 89 Jan 25 89 Jan 25 Mar 14 91 Jan 4 91 Jan 4 102 337k Dec 12 35 10 37% Dec Jan 106 98% Dec 6 33 19 23% July 19 21'/a Oct Link 2 Jan 25 Vh 28 Jan 9 16% Jan 21 53% D°C 12 29 6% Nov 43 % .Tun 72 3A Jan 16 39% Jan 12 102% Jan 88% Dec 27 86 Dec 11 104 97 Nov 19 103'A Dec 28 15'/a Dec 12 21% Feb 23 35% Jan Jan Lone 11 Lone 23% Jan 7 Long 2 14 11 28 143'% Jan 5 119% Jan 2 124 % Jan 30 % Nov 20 25% Jan 24 277k Jan & Jan 26 iV Jan 31 29 9374 Jail 8 4 22 7 28 61 Dec 23 49 % Jan 3 Nov 15 1374 13% 67% 677a 67% 68 148% 148 74 149% 150 5174 5014 5074 50 74 51 6974 149 148 5074 148 13 % 13'A 9,500 67 % 68'A 8.700 480 150 150 149V2 5174 52 51 % 52 % 3,900 63% 6974 69% 697 k 2,3001 X6874 68 68'% 15 74 *15% 1574 15% 157a 15% 15% 15% 15% 1,400 15 41% 4174 4074 41 41 41 407k 41-'% 2,300 100 *74 74 80 80 *75 com 70 *75 *75 80 80 *75 80 7% 8 3,800 1 77 1 53% 54 53 % 54 74 53% 54% 54 547k 53'A 7% 537k 17,800 19% 20 1974 20% 20 7a 20% 20'4 207k 20% 21 >/8 27,700 new—w—4 Corp 33% 34 74 33 74 3374 337a 34 33% 34 7k 33% 34. 33% 34 34 34% 34 34'% 34% 347k 34 % 347k 10 22-% 2274 22% 22% 22 7 22% 22% 22 7k 22% 22% 74 *9!) 102 100 *87 91 *87 ion *90 93 *90 spries E nreferred.. (Pi Co 103 74 16% 1674 12374 12374 25% 25% 257b 62%Jan ■2 Luke-ns 10 39 Jan 7 MacAndrews 32 Jan 10 Mack 7 Macy Steel ^ons Co Inc. 3t8 82% 2174V 54 74 53 7« 3.33% new 83 74 21 74 1 5,300 ' 7 -j 2 103 74 > 70 '2^/4 At 258,100 26% 26% 'AiV u* 82 74 83 74 81 % 82 81 >4 82'4 21% 21 % 21 53 74 537a 54 74' '4 21 % 21' 217k 54 52*6 3,600 82'A 21 53 53 O >2174 X52 16% 123% 74 .'■■■ 74 X81 ■ 500 5,700 167 k 26% 26 74 26 123 123 103'% *103 *122'% 16%' 1.6% 16% 123 ,>'■74 % 1037*2 ' 93 *90 93 *90 123 25% h 17,300 92 *87 92 *103 16% 16 % 123 74 74 93 103 74 103 % 1674 123 % Nashville™2——50 29 . 100 <M> 17,000 . 102 *1007k 102 *87 92 • *90 93 (Ky).No par issued"- "when & *87 92 *100% 102 *100% 102 103 103'4 10 Co a ' 100 : common nreferred T.nwensMn *100 74 7% 8 774 8 774 774 u 100 Rights 7,900 13 74 (18'% .13% 10 Cement Louisville 3,400 70% 7174 Gas Co 37% Jan 31 37% Nov Jan Star Jan 52 Dec 59 24 Jan 81 8 May 13 74 67 % 1,000 17% ' 41 Corp Louisville Gas & El 20% Jan 9 27'% F"b 109 21 13 6774 19',k 177 k 687k 40% Island 7% 2 Jun 13 74 677 it 17'% 71% ...No per Aircraft Lorillarii 8 27 21 13 17 74 71% 74' 15 74 preferred 4.40%' series G conv pfd Jan Dec 83% Jan 72 4 35% 267k Dec 116 Corp Inc Star 177 a 71% Lighting Co com 5% series B prelerred 4.25% scries D preferred 17% Jan 104 2 157k Jan 2 35% Jan 1774 8 convertible s 17% 72 20,500 2.50 (The) Industries Corp Loew 17 74 71 10 Co Lockheed 2 11 Jan 19% 17% 71% 7 Corp 30 Belt 1974 17 74 71 25 com . ' 10 _100 Cup 4,400 27% preferred Tulip 157k Jan Aug 29 49% Mar 29 24 84 150 15 141'% Jan 2 Tobacco 2,100 207k 20 27 % No par 727k Fed Myers 3.100 10,600 2% 27k a Corp 1 & 4,000 J6 1 __ Products Stores % No par nfd_ (The) 74 1674 common ft- 137'% Dec 6,800 42 16 4 2 1,500 15% 407 a 2- 50c 10 297k Jan 3.100 •- 92 *90 92 *90 15 74 40% 127k Dec 9 92 *90 92 *90 15% 74 % Feb Apr 92 900 18 15% Libbey-Owens-Ford Glass Co Libby McNeill & Libby 98 *34 7* 300 4 '/b »4 4'/8 4'% 40 63% Feb 1 18% 18% common.3 B Sons & *24'% ■ 15 ; $3 2 29 19 24% 4% 15 10 177k Jan 21'% Mar 26 400 15% 24% *4 74 preferred Lehigh 26 % Jan 6% Jan: 3,200 15 *24 74 4% A Lehigh Coal & Navigation Co 4 1% July 15% 24% 1574 24% *4% series Lehigh Portland Cement Lehigh Valley RR 26 157k Nov & (James) 3.85% Jan 2 21 Jan 10 147k Jan 27 July 10 15 24% 15 74 2474 common.. Bryant Rubber 15% 25 15 15 25 pfd.,75 Pesos Mex 1 Co preferred Consolidada 6% Lane Jan 91 Mar 22 13% Jan La Gas 8,500 >■* * 3,000 10,200 M 120 6% May 24 144 27% Dec 20 30% Nov 14 27% Jan 2 28% Apr 11 33% Oct 16 28% Jan 22 80% Dec 27 92% Jan 13 82 % Jan 11 8% Nov 21 6% Sep 20 10% Apr 10% Feb 8 % oaa 6 28 30Vk Jan" 86% Jan 9 8 139 M.tr 20 75 Jan 21 26 41 Mar 13 35 % Jan 9 473% Dec 26 610 Trucks (R H) % % 10 series A Co Coal RR Jan 6 4 495 Jail 14 Mahoning 26 8 % Nov 28 8 Jail 3 1C Jan 11 Manati Jan 3 5 Jan 24 5 % Jan 8 Mandel Bros 31 17% Jan 14 Nov 16% Jan 5 24 19 8% Oct 30 10% Apr" 18 29% Nov 28 48 % 10% Jan 30 1 33 % Jan 2 id '• 4 9 % Jan 52% Jan 3 54% Jan Jan 28 35 % Jan 31 % Jan 18 35 % Jan 20% No* i.3 19 14 51% Sep 26 56% Jun 18 40% July 11 32% Feb 21 3 Nov 7 82% Dec 11 98 Jan 24 45 % Dec 3 31 Apr 24 32 Nov 20 Dec ■/« Jan- 32 4% 7 91 Jan 47% Jan 4 28 2 22 *5 L) 9% 29% 2974 29% 2974 29 29% 287k 30 30 34 3474 35 35 35 35 35 35'A 1,300 34 19% 19% 19% J 9% 19% 19% 7.600 54% 19% 19% 19% 54% 54% *54 % 32 32 74 327k 89 91 *87 74 44% 46 4474 25 3 27 % Jan 21 30 Jan 4 40 Jan 2 4 42 Jan 22 Jan 16 12% Jan 2 13% Jan 3 28 83% Jan 24 70 Jan 2 40% Dec 23 3 Feb 1 9 83% Oct 71% Jan 1 43 % Aug 47 Feb 32 Oct 13% T> 76 c Dec 43% Jan 1 7 16 Sep *71 73 *71 73 30 *30 30% *30 3 3 % 55 74 *54% 55 74 *54'4 15 7-4 74 15 7k! 15% 157k 15 7a 28 28 *27% 41 *40 V4 32 7 it 32 74 32 74 32% 2174 21 74 21 2174 26 7 it 28 McGraw-Hill 19 14 % Jan 11 McGregor-Doniger 2 8C% Jan 14 Mclntyre 54% Dec 10 49 Jan 2 54% Jan 81 McKesson McLeilan Jan 2 19% Jan 29 11 Jail 21 18 Jan 2 31% Oct 1 41 % Apr 30 31% Jan 21 37 Jan 11 19 102% Jan 16 86% Jan 25 32% Mar 15 28% Jan 29 11 Jan 28 Vk Jan 4 88 % Jan 89 30 4% 16 Mengel Mercantile 32% Jan 29 Merck 87 % Jan 31 11 $4 83 Jan 28 36 Jan 29 37 21 % Nov 26 21 2: 24% Feb 77 101% Dec LlCC " 6 8 35 July 11 30% Jan 3 10 93 Feb 84 Jan 4 A-1 44% Jan 3 17% Nov 20 48 Jan 27 80 Dec 28 9 108 July 19 105% Jail 3 61% July 31 55% Jan 21 57 % Jan 2 23% Jan 20 21 21 % Jan 8 116 3 J 11 64% May 10 53 Jan 3 62% Jan 11 6 82 Jan 4 92 Feb 1 14 104% Jan 8 84 % Jan 102 Jan 97 % Oct 9 Jan 23 101 Jan 82 Dec 27 99% Feb 21 84 Jan 92 Jun 5 98% Jan 10 Sep 4 103% Apr 25 101 Feb 1 10' % J'n 21 20 61% Sep 5 43 Feb 1 50% Jan 10 *■*- dttv It- Co Inc 2nd Mesta Machine Co 4.45% Miami common pfd Co _— 36 73 .3 36 3574 — 83% *81 71 % 74 *71% 30 54 'A 54 *30 *54 54 3 *15 15 % 15 15'A 28% *27% 28. 28 28 41 *40% 41 13 72 72 % 230 36% 12,300 71% 36 74 35 At 36 % *71% 72 'A 357k 600 72 % 71 7 k 72 36% 37 37 37 74 37 37 13 74 13 74 13% 13% 13% 13 13% 80 % 80 % 80 74 *79 79 54 54% 54 74 80 "a 19 % 19% 19% 19% 19% *17% 17% 1774 17 74 *17% 5 351 it 3578 x35 35 100 1 87 7-; 89 *86 7a 83'% 86% 29 29% 23 28% 16%o No par No par .No par 12.50 pfd—100 100 100 100 100 5 28 74 22% 31% 867a 36 23 23 32 '« 32 *86 *106 18'» *18 13% % 2,600 1,200 79% 400 53% 54% 11,500 19% *19 % 19% . 500 18% *18 18'A 200 34% 35 *35 % 35% 3,400 867k *85% 87 *85 % 87 23 74 28% 29% 29 29 'A 85' k 86 8614 85 85 86 88 74 36 107''a 107 19% *19% 37 *36% 36 88 22"-'2 89 *86 54 36 35 5 a 35 37 87 74 *36 140 *72 72 74 53 74 500 2,600 13'A 13% 53% ' 13 37 % 53 1,100 41 *40% 73 53% 100 4 13 % *79 400 30 Vb % 13% 81 240 74 30 800 7,900 83 * 1 *79 21'% *81 72% *72 72 36 5 . preferred series preferred series preferred series preferred series Copper 12 ...3% Inc Metropolitan Edison 3.90% 3.85% 72 36% 100 1 (The) Stores Mergenthaler Linotype Co Merritt-Chapman & Scott 2.35% 47% Jan 102 & conv 4.35% 31 107 common preferred series B Co 72 . a 13 Vh 13 13% 1 $3.50 preferred Jan 11 27 % Feb 2'% Jan Corp 13 lo Mfg Co— Corp common 4%% preferred (1st series) Shoe 13 .36 74 1 .18 Inc.. Mead Melville 12% *40 74 of 7 '2 i> Co Stores McOuay Norris 31 Apr 45% Jun 50c 10n ; Mines Robbins & 29 98 40% Inc class A Porcupine Jan 9 2 28 74 40 "80 82 -4. Publishing % Jan Nov 33% Feb 81 28 74 Electric Co 2 37% Jan 18 __ 3 MeGraw 79% Jan 12 29 15 Stores 23 29 27% Nov 15 7* 50 21 23% Feb 82 % Dec *54 74 preferred McCrory *80 No par .No par No par ; Corp common 30 21% Jun 2,600 73 Jan 1 ' 50,500 32% 30 13% Jan 31 447k *71 3j 15% Feb 'A 82 _! 2 17% Dec 44 *80 Jan 23 45% No par 79 95% Mar 120 89 *88 89 83 20 9 44% 37 Vk 5 18 — Jan *88 83 Corp common 8%% convertible preferred McGraw-Edison Co 72% Jan 16 40 46 37 $2.59 26 89 457a 21 % M'cCord 6 21 89 par 5 Corp Jan 33% Dec 12% Dec McCali 46 69 % Nov 32 % 89 45% 83 No preferred 32 % Jan 15 33 Vu 5,600 33% ..1 Maytag C'o common 13 May 15 41% Dec 3,600 32% pfd 1947 series..No par cumulative pfd —No par $3.40 24 32 % 327k 37 % 71 15% Jan 32% 32% 83 Jan 10 32% 32% 82 7a 6 13% Jan 54 % 32 % 82',2 14 Jan 54 % 8174 Dtc 56% Jan 32% 32% 100 1 32% 33 700 54 7a 33 *54 74 54% 54 % 80 28% Feb 25 33 74 No par com 19% 7.400 82 >% 70 200 24 $3.75 cum 20 12,200 29 74 —__4 common $3.75 preferred July 17 10 Vk *80 31 12% Dec 10'/B 33 VB 22 54 300 10% 21% Jan $3 10% 16% 37 79% Jan 9 10% 5% 16% 21% 83 3 1) *5'/a 33% Jan ,9 10 Vh 3,600 8 Vh 5% 37 74 76 Jan 974 9% 8% 8% 16% 21 75 % Jan Jan 16% *5 3374 96% Jan 55 16% 50 Co i__„ 97 31% Jan 16'% j Co— 21 54% J an 16% 1 Co Stores 21 29% Jan *1674 6.2" —.5 common Corp Electric Dept Dec 70 5 74 36% May 87% Mar 8 "2 5 74 33 Master 4 14% Apr 8% 5 74 6,300 520 21 Masonite 8 39 % Jan 7 8% 8 74 5 74 16 7-2 *16% 8 74 5 74 6.700 38 'A 37'% 37 8 22 Vk Jan Feb >485 520 *435 520 8 74 77 % 76 >485 36% 35% Jan 15 73% Dec 74 *485 520 387k 37 74 28 21 36 48% Mar 19 17 *485 79% 520 32 % 32% Jan Jan 38% Inc— Mfg Co & (Glenn 20% Jan 7 77% 39 preferred % % Martin 50% Mar 23 Nov 80% 38 74 preferred. Cement Marshall Field Jan Corp convertible Marquette 40% Jan 86 78'% 38 % Exploration Midland 26 19% May 25 37 i Marine 19% Jan 1 8% 81 % 5 Marathon Corp 2, Marehant Calculators Jan 2 16% Feb 29% Apr 38 Oil Maracaibo 2 28% Feb 31 *sj Jan May 74 8 74 Manhattan-Shirt 700 8% 38 74. 87k 87k 80 74 8 500 87k 8%. 874 — 60 8% *8 82 74 Co Co 29% 8574 8% 8% 38% 2,200 29% *8% 8% 14,800 8574 *35% 8% 38 74 297k 89 86% *874 8174 300 377k 128 28% 297k 29 % 84 74 9 1 (The) Sugar 7 Sep % 2.) 74 86 1 50 1 Copper 31 16 29 2974 ft No par Magna vox 5% Dec Jan 29 74 10 — 2 24 4% Jun 476 974 *37'% >122 29% 29 29% 37% 128 T22 128 28% 29 74 37% 38 *37% *122 128 28 74 *85 86 *8% No par Magic Chef— Jan Magma 29% *84 100 Garden Square 29 7 it No pax Co Inc com 28% 38 *37 74 *122 128 2774 5 — 37% 37% *122 100 Inc preferred Madison 16 common—10 preferred 39% Jan 89- 18 Jan 9% Jan 2 8% Jan Dec 31% Nov 86 4 30 Forbes & *22% , 32 7 n 32 32 74 89 *86 89 23 "2 10774 *106 106% *56 56 5 « *36 37 120 4,200 250 80 37 *35 23% 23 % 23'A 23 'k 32 32 % 31 7 32 b 1,000 13.400 10O 90 87% 87 "2 *87% 106% *106% 108'% 700 106% 56% *55% 56% 200 *56 56 14 55% 55% 20% 14.200 20 Vb 20% 20 20% 20% 20% 20 20% 20 607k 2,600 60 '4 01 60% tO 7 4 61 61 60% 60'3 6074 93 92 92 91 91 101 "99 101 89 *85 89 56 7 *99 7 h 2 101 '91 *99% 89 *85 *85 90 *85 *100 103 *85 45 74 4574 *100^ 457a 101 < 93 *39'% 101 *91 93 - 89 . *85 89 *91 *99 % *85 *85 90 103 *100 103 101 101 *100 20 90 *85 90 *85 50 103 . 4574 45'% 46 74 45 457k 43 447k 20 5,000 21 22 The Commercial and Financial Chronicle (626) NEW YORK STOCK Range for Previous Range Since Jan. 1 Y ear J956 26 26% Sep Lowest Highest Lowest NEW Highest 2 30% Jan 6 Jan 33 Dec May 28 33% Fob 1 34 74 Jan 18 40'4 Jan Middle 3 Mar 12 47 Dec 7 142 29'4 Feb 20 26% Dec 5 126 12 40 Jan 28 43% Jan 17 3 127 Jan 2 42% Dec 40 13 Jan Aug 10 40 3174 Feb 2874 Jan 35 2 36% Jan Jan South Jan Ex 4 Midwest 8 2574 Nov 9% Dec 28 21% 22 % 21% 22 217 211'« 2 Is 21% 18 18 18 18% 1814 19 19 % 19 '/2 18% 187s 2,200 14% 75% 73% 75% 73! 4 74% 74'/a 75% 74% 7574 10,000 4 Minn No par 61 % 62% 61 % 62% 61% 62 7 a 62 62% No par 94% .94% 95 95 90% *95 967a 15% 15% 15% 15% 21 10 36 V* Jan 23 29% Jan 3 30 74 Jun 9% Nov 49 74 Nov Jan 22 17% Jan 9 Jan 28 85 Jan 10 Jan 3 22 Jan 29 24 Jan 11 2 31 Jan 16 33% Jan 3 26 Jan 27% Jan 15 Minnesota 12% Jail 14 Minute Jail 4 30% Jan 16 31 2 Jan 3 9% Jan 49% Apr 30 39% J an 40% July 24 28 74 Feb 1 19 46 21 33% Jan 4 37% Jan 18 33% Jan 17% Jan 5 10 74 Jan 24 12% Jan 8 5 55 % Jan 25 65% Jan 3 26 2 14 1st $1.50 2nd Co common Ontario Power & 11 ^..Ill-Is 20 67 4 68 Jan 28 3%% preferred Feb 20 75 Jan 2 80 Jan 18 4.20% Mar 23 14 % Jan 3 15 Jan 9 21 13 28% July 23 21% Jan 29 23% Jan 14 20% Jan 17 5 29 24% Jan 3 24% Jan 3 19 5174 Mar 19 22 74 Nov 29 28 Jan Jun 23% Jan 13 9 Monarch Monon Machine RR class Monsanto 2 26% Jan % 29 •29 % 29% 28'/2 29 36% 35% Class B 28% 36 % 36% 37 "a 37 37% 13,700 10% 10% 10% 10% 10% 13,700 62% 61 % 62% 60% 61 14,400 a 42% 43% 437a 44 % 42% 43 74 25,700 10% 9% 9 7'a 9% 10 10 15,700 * ..... Co 69 67 79 *79 80 15 *15 15% *14% 15 ','4 1.400 21% *2l7s 22 1,800 21% *20% 14 74 14% 21% 21% 21% ■■'21 % 217 a 21 21 20% 20% *20% *10% 10 % *16 ',4 20% 21 *16% *79 67% *16% 16% 33% 33% 33 'a 26% 26% loO 600 21 16% *16% 33 33% 26 16% 220 67 74 67 % 14% 25 67% 79 14% ____ Chemical 9% 80 67% 80 22 4.000 5,000 12,700 36% 67 % *21% 2,900 10% . 80 14% b 61% 36 % 68 Montana-Dacota Utilities 3 33% 32% 33 16% 29,800 33% 34 5 25% 26% 26% 26% 26 3 a 26 26% (The)—No par 43% 44 43% 43% 44 44 44 44 44 44 74 2,400 i 30'% 30% 30% 30:% 29J,'2 30 % 28% 29% 28 '/a 29'/4 14,400 Ward & Co.,___No par Moore-McCormack Lines 12 (John) & Co„ iq 38 % 38% 38% 38% 38% 387a 383b 38 72 38% 38% 20,100 24 % 25 24% 25% 24% 25 "a 25 25 7 a 24% 25%' 9,700 18% 18% 18 18 17" 18':, 18% 18% 18% 18% 3,600 38 38 % 37% 38 38% 38% 377a 37% 37' 37 74 2,500 26 40% Jan 2 Montana 38% Aug 1 28% Jan 31 44% Feb 33% Jan 1 23 4 Monterey 31 46% Apr 27 38 74 Jan 2 40% jan 7 18% Jan 10 25 % Dec 14 23 74 Jan 2 25% Jan 24 18 74 Nov 27 28% Mar 12 17% Jan 30 19% Jan 3 377a Dec 13 51% Mar 14 37 74 Jail 21 38% Jan 4 30% Jan 23 45% Nov 9 4274 Jan 7 47 Jan 10 Motor 26 32 % Mar 7 22 Jan 2 23% Jan 11 Motor Wheel 30% Nov 20 40'/« R4ay 10 30'/b Jan 29 32 % Jan 8 14 74 Dec 31 18 Jan 4 14% Jan •» 15% Jan 28 36% Dec 20 45% Jan 11 36 3 4 Jan 29 38% Jan 11 29% Dec 31 42% Apr 12 27% Feb 1 42% Jan 4 Mar 15 43 74 Jan 7 30% Jan 48% Jan 14 ——.2 Co Products 21 4 2912 % 80 ____ 11 Dec 50 29 ;.„No par 37% Jan 39% Jan Sep 28% 68 A—: 1 24 74 Jan 14 30 „No par 4 30% Jan 38 11% 4174 *79 Tool. Jan Jan 11% 40'/a 1.25 32% Feb 3 47 17 117 V 42 ioo Mojtid Co Inc 26 3 11% 41% % _______100 preferred 26 's 11% 42 s mc 5.000 % 26 % 9% class A... No par 1,200 32 41% 42% RR Industries 2274 31% 26 26 22 % 23% 10% Pacific 50 82 22 3,a 32 % 11%. 41% 42% Mohasco 5,000 11% 10 Missouri 11 *797/2 90 15 74 15 81 9,400 62 26% 42% 31 15'/4" 1,700 96 74 41% 11 10% Jan 61 *95'/2 11% 60'4 44% Jail a 40% 11% 10% Feb 29 22 32 57% 21 81 22% 10% Corp.— 81% 32% 55% Fuel 15% 22% 55% 88 18% Nov 26% a 15% 32% 10% 22 16% Nov 26 % 22 32a 35% River 76 3374 Nov % *79% 83 10 Mississippi 2 Dec 26 % . 1.5 % a 22 32 % Missouri-Kan-Tex RR coin._No par 7% preferred series A-__. ioo 21 Jan X22 29% 31 3 *79% 22 % 32% V4 *95 41 67% Oct Oct 81% 22 % •21 % 41% 1474 Dec 60 81 .25 Paper 2.50 Light—No par Corp % 32 ioo preferred conv Maid 974 Jan 29 1 preferred & Mission Corp __ Mission Development Co 39% Jan 47% May 14 11% Feb com _ 81% Jan 36 % Aug $5.50 Minnesota Reg_ , Minneapolis Moline Jan 29 7 74 Oct Mining & Mfg preferred 33 29 3574 Apr $4 88 2 25 par 42% Apr 81 90 1.50 Jan 6774 Jan 11 2,300 Minneapolis-Honeywell 60 Oct 100 41% 137 2 75% May JO Aug 30 417/2 *135 2,300 10 76 41% 135 3,300 25 22 41% 135 31% 19% Jan 3074 Nov 41% 136 30% 84 1 135% 317V 22% Jan Feb 40 "a 40% 136 30 74 2 15 *135 31% 29 3 21,300 38 30% 21 24% Jan 31 40% J 35 *357/2 38 30% 20% Jan 4 ___10 Corp 40% 40 135 *35% 31% 73% Jan 1374 Oct £ 100 33 30 7 17% Jan 96 common-- *35% 38 31% July 17 28 Scares 33% 30% 25 74 21 33% 33% 31% 90% July 26 Jan 33 30% 2274 May 14 94% Jan •35% 33% 33 31% 31 2 36% 33% 1 30% 23 Apr 32% Feb. Jan. 31 31% 23 105 32% 36% _____ preferred Oil 32% the Week Friday Thursday 31%, Jan 26 Inc—_10 Rales far HICKS Jan. 30 30% Jan 21 1st Proa 8ALK Wednesday Jan.29 Inc— distribution Steel HIGH Tuesday Jan. 28 30% 17 Dec Utilities AND Monday Par Minerals & Chem Corp of Amer 1 Minneap & St Louis Ry No par Minn St Paul & S S Marie—No 19% Dec 6174 Sep S25 8% 14 58 95 STOCK Enterprises Midland 16 32% Jan 1 9 136 YORK RECORD LOW EXCHANGE Midland 40 EXCHANGE STOCK STOCKS Monday, February 4, 1957 ... Power Oil Co Co Montgomery M or re 11 Motorola Inc I__3 * 4 - a 8,200 10 42 % 42% 42% 42% 42% 43 42 '/a 42% 4234 42 % 2-8 Mueller Brass Co ..IIIIl Munslngwear Inc __iV:%,______I_ _Is Murphy Co (G Ci IIII.l 22 % 22 % 22% 22% 22% 22 "4 *22% 22% 22 74 22 % 900 30% 30% 30% 30% 301 „ 30% 30% *30% 3074 2,100 15% 15% 15% 15% *15% 15 % *15% 1574 15% Murray Myers Corp Corp Corp of Ei 'P 15 a "2 1,100 800 37% 37% 36% 37% 37 37% 37% 38 3 4 37% 38 3.000 _io 28% 28% 28 "4 28% 28 28 "a 28 28% 2 7% 2 8'4 7,800 No par *45% 46 % 46% 46% *46 46% 407a 46'/a 45% 46 America & 30 3 Bros 400 N 118 24 148 May 10 118 Feb 1 16 74 May 28 22 July 16 17 % Jan 23 62 Jan 23 82 July 25 72 "2 Feb 1 23 Feb 17 29 74 Jun 25 74 Jaii 21 30 Jan 3 National Airlines 11 Nov 26 Jan 29 National Automotive 8 Jan 2 13 % Jan 38% Jan 15 35% Jun 14 National Aviation Jan 34% Oct 150 Nov 17 21 11% May 24 34 7« Feb 13 20 Apr 11 20 Feb 10 34% Jan 23 2174 Mar 19 20% Feb 10 •92% Dec 17 18% Jun 37 74 Dec 20 27 16 % Mar 19 If 8 130 Jan 8 Nashville 18 74 Jan 4 Natco 80 % Jan 8 National Acme 42'/a Apr 18 39 '/a Jan 24 35 Jan 2 37% Jan 30 30 155 Jan 2 161% Jan 21 14'% Jun 25 179 Jan 15% Aug 37 17 59 July 20 2674 May 14 33% Dec 6 42% Aug 14 9 49% Jan 51 % Jan 18 Jan 18 80 74 Jan , 3 3 21 33% Jan 25 36 25 Jan 27 21% Feb 1 29% Oct 11 25% Jan 22 21% Mar 12 Jan 20 % Jan 25 74 Jun 101'/a Aug 23 15% 94 Jan 2 13% Jan 7 2174 . 38 Jan 23% Jan 27 '/;> Jan 9874 Jan 2 9 3 (0 19% Jan 25 40% Jan 11 27 61% Apr 13 Dec 28 105% Feu 23 94 74 Jan 23 97 Jan 4 76% Jail 23 106% Jan 2 113 .Tan 9 13': 7-i Jan 8 162 Jan National 7% 37% Jan , 2 154 Dec 10 123 74 Aug 9 179 Jan 31 132 Nov 30 153 11 % Jan 5 14% Sep 4 12% Jan 4 32'74 Feb 14 43% Oct 24 42 74 Jan 21 Mar 12 134 Jan 2 139 Jan 13 Ja 5% July 18 13% May 28 13 > 874 Mar 15 21 % 21% 21% 21 74 21% a 25% 25 7 a 21', 25 % 2174. 25 7 96 % 97 74 97 7 4 96 96', *35% 19% 19% 19'4 19% 19% 19% 19% National Fuel National Gypsum Co 1% 6% Natl Linen New National Theatres Nat 13 % Feb 1 1474 Jan 11 National 11 30 Nelil 14 Jan 15 Neisner Newberry Co 14 7 81 101 % Ji.n 2 16 17 2 New Jan 24 New Jersey 109% Jan 11 Newmont 83 Tan 8 19 70% Jan 21 84 "a Jan 7 30 24% Jan 28 10 3 10 32% Nov 29 47% Jan 30% Jan 21 26% Jan 35% Jan 26% Sep 11 33% May 18 27 Jan 21 29% Jan 76 Sep 26 91 81 % Jan 29 94 % Jan 6 107 500 Jan 17 86 Jan 4 7 York Chicago New $5 9 N N 12% Nov 27 30 32% Dec 26 64% Jan 19 Jun 21 58 Jan 14 Dec 4 75' Nov 28 Nov 26 28' Dec 6 69% Nov 29 39% Mar 27 94 Mar 34% Feb Y York 17 Jan 15 14 Preferred 57c 54% Jan 4 45 Jan 29 New 5 28 36'4 Jan\ 77% Jan "23 2 38 York 2 81 % Jan 24 29% Jan 18 30% Jan 3 Jan 23 Common 71 Jan 15 15 71% Jan $3.75 46'4 47 7 46'4 46 7 37% 37% 37 7, 37% 37% 37,3 a 37 % 8% 13s.', 7 15% 100 System Co 4% 13 a *83 100 *84 10 107 Dock" 15% 1577 15% 137 *13% a 32 % 33 *63 17 16% 86 80 74 80% 24% common RR & 25 25 2 5'/a 2,500 31%> 32", 313a 32 3174 31% 31,600 28 27 7 28% 28 28 7s 11,100 No par *81% 82 81% 104 *100 104 *100 104 *100 104 *351 440 J351 440 *351 440 *351 440 Hartford Co- series A Corp 16 16 "a 16"., 36% 36% 45 45 7 a 45 45% 37% 38 37% 38 No par 100 com * 38 79 82 30 .No par rights 117 *79 30 '7 35 30 35 % 28 38 Jan 8 Niagara Share Corp Nopco Chemical Co Norfolk 35% Oct 1 16% Oct 82 84 18% Aug 8 12 76% Jan 48% Jan 105 18 2 Jan 14 39% Jan 2 79 Jan 4 Northern 55% Jan 24 Northern 106 Jan 4 44 V* Jan 31 5%% Central Ry Natural Gas Northern 18 21 % Jun 8 54",, 105% Jan 24 $3.60 preferred series Jan 24 $4.10 preferred series.. 100 9 86 Jan 2 90 Feb 1 $4.08 prelerred series 5 85% Jan 100 10 90 % Feb 1 $4.11 preferred series ino 90 Jan 18 $4.16 preferred series 100 27% Jan 31 19% Jan 3 16 Jan 25 17% Jan 4 6 21s* Jan 16 22 % Jan 11 59 24 63% July 23 rave 9* 53 Feb 1 % Jan 80 83 90 *89 90 *89 90 74 43 *78 . 53 106 4274 74 200 490 50 22 "a 22% 22% 22% 23'% 22 '4 22% 4,400 35 35 % 35 % 35% 36 35% 35% 1,700 70 70 70 % 79 53% 106 43 78 53 % 106 42% 69% 70% '4 5,200 *23% 24'% *23% ' a 33% 34% 31% 33 74 89,900 22% 22% 22 3 22% 22% 1,500 24 7-4 34 78 *78 53 '/a 53% *105',; 106 1 43 42% 4 79 53% 106 44% 78 40 78 52% *1057 200 24 a 42% 53% 106 8,300 30 43% 58,800 16% 16% 7,600 79% 79% 150 (Minn)— 17% Jan 28% Jan 79 53% 90 1 *78 105 74 80 1 70 % 80 *22% 18 10 *35 ♦7174 83 22% ' 2 20% Oct 22% 74 83 22 74 42 100 28,700 85 22% *22% 5 79 74 3074 *83 34 "2 10 47% Jan 90 10 : Co % *80 69 7'« Jan 8 900 30 74 *7174 *23 1 '2 16% Jan 2 *89 100 com "2 83 34% 50 Co 30 79 32 307 a 30% 81 24 85 Jan 2,500 74 70 74 % Jan 88 38 82 *71 74 24 3 24% Jan 82 34% 7 13 38 *89 84 82 69% 21 99% July 25 760 38 81 77 *80 82 % 34% Feb 29 y8 Jan 69% *71 84 24% 102% Jan Dec 77 % 34 Jan 2 45 *79 7a 82 u *24 1 Co Pacific Ry 30 7 _1 preferred Northern States Pwr *79 82 30% 25 25 101% Jan Dec Oct Apr 3 5 Ry common preferred American Aviation Northeast Capital Corp 91 Dec 85% Dec 14 45 Jun Western North 103 72% Dec 84 Jan 50% Aug 45 24,300 2 preferred 21 45 1,000 64 22% preferred Jan 16 36% *36% Gas Corp— & — 69% Jan 16 36% 45 36% 46 % 16 16 16 "« 36% 46 1 16 36% 37'% 38 16 36'; 100 22% 88 . ' 5 111 240 82 *100 31 8 82 104 23'/* Jan 19 81',2 24% 440 90 28 81% 82 2574 100 90 Sep a 351 100 May *817% 82 24 3 4 . 74 50 4.10% 77% Dec 74 _„No par 16 41 6,600 28'a 22% Aug 104 150 2,400 7.)'% 31 "4 82 10 77% 28 *79 23% Jan 8174 10,500 74 27%' *71 3 79 74 106 30% preferred & 16% 85 105 24% No par Adjustment 106% 10 31 100 2 16% *84 106 "a 81% 900 24% Co__ Niagara Milk Pwr Corp 9 80% 16% 86 *84 300 32% 85 28 100 3 16% 16% 85 lOi'V 14 74 *83 27% 100 39% Jan 16% 107 32 74 30% preferred 24% Jan 84 24% preferred 70% Jan 33 84 74 14 14 *32% 84%. 800 5,300 2,900 15 Co 3.907c 1 *13% 32% 16 5 Louis 3.60% 7 13% 3212 *83 85 81% 28 Jan 16% 86 107'% Jan 31% Feb 84% 16 16 16 16 *13% 14 327„ 106'4 90 21 y2 Jan 3,100 14 15 Vi 25 24 10 74 74 7% Jan 7 10,200 10 8 13% 82 19 4,200 8% 10% 7 74 16 25 74 Oct 37% 8 74 8% 10% 13 74 Jan 49% Sep 37% 8 '7 10% •774 3.407® 16 37% a 8 3 13% 17 19 4,500 7% 30 29 45% *13'/2 23 16% Jan 45% 7'4 Jan 38% Nov a 13'a Jan 22% Nov 5,700 7% 81 35 700 91% 13% 84 13 9,300 91 7 "a 8 Aor 3,200 70% 36 7% 86 80'4 17% 17% 70 74 *35 74 10% 8'a 108'% 1 4,000 % 84% 16% 1 pfd "a *32 7 , 7174 600 42% 74. 14 14 7% 17% 110 12% 42 10 8% 10 Coll" —1 a 138% 12% . 10 8% 10 14 73% July 18 26 74 Feo 7 17% 46% Jail 43 177a 45 % 1 *137 127a 43% 40% 79 5 12% 42% 45% 9 4 12% 43% 12 3 —5 13 60% Jan 138 74 *137 139% 4 42% 93 Feb 33% Jan * 91 % 91 2 a 04 "4 98% Jan 20% Jan *137 12% 42 7 92 23 18% May 25 138 92% 31 103 130 9174 Nov 11 159 93 % Dec Dec 159 90% 78 74 % Jan 153 74 Pa_— -10 73 82 158% No par Y State Electric Common 4 159 36 Shipbuilding Jan 158 70% Common 41% Jan 159% *35% —1 St New Haven 3 10,100 36 preferred 2 50 112 71 Corp.— Dock Harlem 95 111 35 % commoiu.No par Lt & nom-cum A 95 112'/2 70 Central Jan Jan 85% Feb Y 94 74 111% 17 3 — 7,800 94 '4 112 17', i: 38% 95 111 'V 95 70 3 4 Fibre Electric 34 % Jan N 34' Y 38 74 39 *94 'V 112% 36 74 Air Brake New 13,100 17% ; Pr & N 19% 35 3, Inc Mining New York 19% 70 % Newport News Ship & Dry July 25 July 24 440 Jan 42% 1,800 19% 17% 17% __1 (J j) England 87% Nov 33% Apr Inc preferred Jan 138 *12% 17,100 97% 70% Corp Bros *158 8,700 25% 36% Natomas Co Jan 38% 38% 21% 2 5',4 *95% 35 % —1 Jan 38% 2174 a 70 -10 ; "I __1 8 16 26% Jan 137 No par Co Vulcanized 2 2 6 137 Co_____.No par Radiator 3%% 159 38 74 3,100 7'/a 25 7 9 —5 National 18 159 12% ; 2 31 *94 '.V 11174 43 (The) 16 Jan 74 94 12% Corp Ref 10 6% Jan 38% 3f»/« 112% 94% 42% common 'lea a 111% 100 Supply U s 381 25% 26 ' Cast-No par Corp. 9'/« Jan 84'% Jan 29 __1 Corp.— —1 Steel 10% Jan 33% Jan 23 % Nov common"" 100 & Shares 14% Jan Mar 13 125% May -10 Service Malleable 38 '4 Jan 2 21 Co.; preferred A preferred 2 2 20 ! , $4.50 preferred No par National Lead Co common—___ —5 15 79 May 28 Gas Jan 8 74 Jan 10 32 7-4 Jan Nov 10.000 96 9 96 50 51 '/a 21 % Sugar 39'% July 30 83 % Jan 50% 25'% Steel 14 79 50% 5 5 17% Sep 97% Feb 507% National Distillers Prod common__5 4 % % pfd series of 1951 __100 National 31% Dec 26 501V 7,300 National 21 16% Apr a 12,600 National 13'/a Jan 3 50 7 s 3774 3 17% Mar 19 Dec 50 7 21'4 3 21 75 50 32% 17 Dec 2 51% a 36 74 3 Jan 50 7 32% ■ Mar 29 2,400 I__5 2174 National 17 14% 2174 r, 13 14 74 37% 101'% Jan 12% Feb 1474 33% 18 2 14% 36% 89 74 Jan 36 7 it Jan 14% 32:% 28 3 a 21 '4 96% Dec 11 14 3 37 3, 18 13 200 160 14% 33% 36% Jan Jan *159 14'/4 21 'a 8074 Jan. 9 74 Apr 12,200 36% 37% 160 14% 37 2 12% Oct 37% 3774 160 160 14'a 21 18 48 *159 __10 3374 28 13 2,200 33 % Jan 15 2,500 37% 26 21 17% Jan 26 11% 37 37% 37 74; 15874: 159 5,000 11% 38 37% 33% Jan Oct 36 160 74 160 25% 12 37% 21 70 7 35% 100 25 74 11% 38' 36 74 5 10% Dec 36 ;_10 j 32% 10 Jan 36 common. A Can 25 % ll3., 11% 38 3,000 21 % 17 .51 11% 38 1,700 72'/a 33% Sep Dec 11% 38 17% 72 74 25% 25% 12 37% 17% 73 '/4 37 77% Aug 36 26 26 11% 37% 20 17% 73 17% 21'a 87% Nov 21 25% 25% 1 5 119 xllB 17% 74 *73% 36 % 28 Jan 74 33 20 45 a 1 20 : 17% 73 7 1 Jan 23 1774 74% 120 *119 122 17% 17% 74 5 16% Jan 47% Jan Co *118 120 17% IncIIIl Fibres Corp Cylinder Gas Co National Dairy Products National Department Stores 64 Jan _____.L— 11874 124 "121 II'Ii National 33 74 Dec 20 Louis.—100 5 Biscuit National 4 St Corp. National Cash Register— National City Lines Inc. 23 11 47% Jan & Co preferred National 23 93 Chatt Corp Common 16% 16% 16% 16% 16% 16% 7 81 80 78 78% *77 79% 78 79 90 *89 91 *89 91 *89 91 *90 91 90 *87 90 *87 90 *87 90 90 90 89 89 >88 90 % *89 90 *89 90% 90% 90 % *89 93 *88 89 89 _s ; 100 * a !)0 16 3 4 10% 80 ' Northrop Aircraft Northwest 4.6% Norwich Airlines Inc Inc preferred Ph&rmacal Co -1 common *87 " 25 % 2C% 25 3 4 93 26% 26 % 8*J 89 27 74 *90 26% 10 92 200 80 27 '4 53,900 lo 16 % 16% 16% 16% 16% 16% 16% 16% 16% 16% 10,200 25 21% 21% •21% 22% *21% 22 % *21=8 22'% 22 22 3 54 56% 53% 54'% 53% 54'% 53 53 2.5r 54 20% 2618 b 300 2,500 Number 5609 Volume 185 The Commercial ana Financial ... NEW Chronicle STOCK EXCHANGE STOCK RECORD YORK Tear 1956 NEW Range Since Jan. I Lowest Highest Lowest LOW STOCKS Range for Previous STOCK YORK Monday Edison Ohio Co 4 4.40% preferred 100 Jan 5 3.90% 110 Jan 11 4.56% preferred preferred 10 4.44% preferred July 17 Ohio 91 Jun 18 5% 3 Ohio Vk Apr 47 43 Jun 104 Oil Gas 2 Conv 17% Jan 9 9 Oliver 20 100 Gas 7.50 Chemical Corp— Outboard 31 Marine 17 Mar 26 Overland July 5 July 11 Owens-Corning 106 Oxford 9 Co Fisheries Inc 16% Jan 31 Pacific Amer 22 Pacilic Cement Jan 2 Pacific 26% Jan 9 27 23 % Feb 10 28% Nov 31% Oct 31 40 27 35 16 Jan Feb 1 5% Coast Co Pacific 29 Pacific Lighting Corp 54 Jan 9 31 152 % Feb 135 Jan 31 6% 7 Jan 11 Pacific 19 % Jan 4 28 27 Mar 9 9 9 21% Mar 20 Pan 33 ____100 East ..1 6% 17% Pictures Parmelee 53% Peninsular Telep common 52% Sand Glass 4%% com preferred 4.40% series preferred Pennsylvania & Eastern Ry Co Peoria Pepsi-Cola Co Pet Milk Co $1 conv preference com 102 Feb 106 Jan 4 109% Jan 10 29% Nov preferred 3.8% preferred 4.3% preferred 4.68 % preferred 4.4% 13 24 19 Philco Feb 3%% 3 July 11 94% Mar 12 Mar 15% Jan 4% series preferred 59 % Jan 3 Piilsbury 102 Feb 3 Mills Inc $4 preferred Pitney-Bowes Inc 96 Apr Pitts Apr 50% Nov Pitts 170 Pitts 16 7% (conv) 4 Apr 20 40 % Apr 6 38% Aug 20 23% Mar 23 55 Aug 10 10% May 2 74 1 May 49% July 25 40% July 24 88 % Mar 29 26"% Jan 30 26 % Mar 14 • 120 July 25 35% Mar 8 32% Jan 10 103% Feb 18 Feb 15 104 106% Feb 15 29% July 25 For footnotes 74% Jan 3 51% Apr ' B see oaee 26 23% 23% 23% 23% 23i% 23% 34 33% 33% 33% 33% 33% 33% 180% Procter 66% 66%. •65% 20% 20% 20% 21 % 20% 21 47% 47 47' 47% 47% 47i/a 47% 96% *95% 96% *95% 96% 18% 18% 18% 18% 4% 4% 4% 4% 4% 46 % 45% 46% 45% 45% 96 Serv Co of 4.32 % 4.16% 53% 55 % 40 39% 39% 23 102% 23% 102% 91% 101'% 105 4.30% preferred Puget Sound Pow & Lt Co Inc (The) •22'% •102 91% 91% 101% 101% •1041/4 105% 28% 27% 28 16% 16 16% 68% 66% 66%' 43% 42% 42% 11% 96 48% 9% *8% 42% *90 57 32 17% 148 •146 148 148% •146% 148% 60 59'A 59 % 79% 78% 79 7% 7% 32 % 31 7% 32% 80 80 80 85% 26 *131% 26 145 85 •84 26 26 •131% 145 70% 68% 69% *97% 99 97% 97% 14% 15 14% 14% 33% 34 33 % 33% 30%' 30% 30% 30% 21 % 21% 21% 21% 45% 46% 46 46% 69% 33% 30% 21% 44% 43 *84 15% 21% 17% *78% 96 30% 42% 18 32% 69 33% 90 •89 43% 7% 136 *15 91% 78 % 26% 95% 87 60 86 68 % 24 86% *146% 32 % *131% 56 24 92 *146 80 26% 56 24% 42% 7% *84% 92% 55% "17% 79 *78% 9% 42% •90 *89 60% 7%. 48% *8% 55 % 91 78% 47% *42% *87 92 60% 11% 96 •94% 23% 57 24 *89 11% 92% *90 92% 80 •79 43 42% 43% 23% *87 45 8% 8% •66% o 67% 39% 40% 38% 39 •75% 77 No par 100 25 25 100 El & Gas common.No par 4.18% Oil 55% 11% 10 preferred preferred Pullman 55% 96 •95 96 16% No par $1.40 div preference com 4.08 % v 18% 27% Indiana preferred Serv *95 96% 18% *66% Colorado of preferred preferred preferred 3%% 4.20% preferred Co Serv 57 v 67% •96 - 19 105 J2 Gamble cum 182% 182 182% 181 68 20% *100 10 Power Co Publicker Industries Inc common $4.75 180 •66% 91 5 10 Electric & 180 58% ' 68 *22% 1 75 Co & Potomac Pure 12% 23% 48% Oil Co Plymouth Pub 12% *102 2.50 Inc Public 12% *94% preferred- convertible $3.50 Public 12% 78% (Thet Co Pittston Poor 12% '39% 100 2.50 10 1 10 ;_100 100 100 100 Plate Glass Co Steel Co common 5% preferred class A 5%% 1st series prior pfd Pittsburgh & West Virginia Pittsburgh Young & Ash pfd Plough 12 56% No par No par guaranteed preferred Metallurgical Inc 84% Apr 16 12% 46% r_._2 L.%10 Pittsburgh 19 58'/« 147 17 31 58% 148 39% Dec Dec 58% *95 5 5 25 Pittsburgh Screw & Bolt 90 58 4% 147 10 71% Nov 21»% 57% 2iya 58% 18% *146 8% Sep 1 98% 21% *77 Co 3 Feb 98% 21% 99 *95% 1 Forgings 17 155 105i% 100 % 211/2 18 23 27 103% 100% 43% Jan 35% May 14 105% 105% 100% 47% 18 69% Dec 92% Apr 105% 105 % X21% 20% 43% Pittsburgh 44% 21% *66% 1 96% Apr Pitts 44% 106 179 Wayne & Chic Ry com_100 Ft 59% 44% 100% *33% No par preferred 14% •57 58 44% 80 Consolidation Coal Co Pittsburgh 20 % July 27 163% Jan 14% *79 coitfmon preferred convertible $4.80 4 19 45 1 Coke & Cliem Co com $5 10 100 *56% 44% 100 12% Jan >18 70% May 1 28 % July 25 59% ♦57 58 45% 78% 36% 14% 42% ' Phillips 10 14% 100 preferred Petroleum Phoenix Hosiery 56% Dec 14 5 a 36% 100 preferred 5 % 14% 37 1 3 100 5 common Phillips Jones Corp com 16 99 % Mar 14 14% No par 100 100 100 100 preferred series A 3.9% 5 36% No par Philip MorrJ's Inc coirtmon 47 91 Corp 36% 23% 5 1_100 1"00 33%c Phila Sc Reading Corp 36 Va Mar 13 91 Electric Co common Phila Mar 14 26 % 36% 12 Corp of Amer. Brewing Co 40% Mar 23 36% 78 57% Petroleum 112% Jan 77%: 78% *26% 21% ] preferred 78% 40% 105% 100 1 Pfeiffer , 5 Pfizer (Chas) & Co Inc common__l 4% 2nd preferred (conv) 100 Phelps-Dodge Corp 12.50 4 % % 26% 27 77 27 100% No par common 26% ♦26 % 79 45% 40 Peoples* Drug Stores Inc Peoples'Gas Light & Coke 27% 27 27 58 10 preferred $1.60 22 •26% 27% 14% 10 common •21% 27 ♦26% 36% *—100 100 Mfg Co Corp 22% *21% 27V2 781/4 50 Salt Penn-Telcas *21% 22% 41 22% *26% No par Pennsylvania RR 40% 40% *26% 1 Corp__. Light & Power 52% 40% 41% *21% 1 29i/2 40% 41% 25 25 25 (The! 4% 11% *29 Vn (J CKCo_,_„_> No par Penn-Dixie Cement Corpi.__. 1 Corp 17% 11% Penney Pennroad 24 ♦4 No par preferred $1.32 preferred $1.30 preferred 44 % 17% 1 $1 45 •23% ____5 25 No par prior preferred Ford— & 30 % 43% 2.50 conv 93 •44 1 Enterprises. 53% 30% No par Peabody Coal Co common 6% 17 •90 Transportation____.No par Patino Mines & Penn 6% 16% 1 Corp. Davis & Co—___ Penna 134 % 17% Corp.. Distillers 33 129% 134% 100 Tilford 37% 128% Line— Pipe Parker Rust Proof 5% 49% No par Paramount Penick 35 6% __1 preferred & 16% 25 37% 134 % Common 15% 24% •31 % 133% Panhandle 95 49% 127'% Airways Inc 39% 34% 49% 37% 126% World 101 95 *24% 37% Tin Consolidated Corp Parke *39% 93% 16% ♦31% preferred Park 100 % 39% 24% No par Amer 4% 100% 16% 15 Telep & Teleg common__10o Pacific 59% 48% 39% 49% Pacific Mills 33 % Jan 58 48% ; 93% 25 Gas & Electric 37% Jan 129% Jan 61% 59% 100% No par 8 12 12 ♦16% 25 10 Corp_ 50% Jan Jan 142% July 16 82 % 16% 1 common 53% Mar 28 29 82 % 5 preferred Pacific Fin ance 75% 82% Aggregates, Inc_5 & 40 2 29 73% 60 No par 17V4 Jan 41% 76% 58% 100 15 common 85% 41% *16% 1 preferred Paper 85 41% 82% 6.25 Co 12 % 85% 75% 1 Fiberglas Corp preferred $5 13 102% Jan cumul 4% 18 Oct 51% May (The) Corp 12% 84% No par Owens-Illinois Glass 12% 41% 83Vac Corp ._ 91 81 preferred 1 Outlet Co 95 V2 July 23 12% 1 100 6.25 common convertible Elevator 45% 106 % 106 107 106 % 100 45% 46% 45% 5 Corp 4%% Otis 79% Dec 26 10 com preference 1951 series 50% July 26 Dec Co Common 107 % Jan 6 % Dec 100 series Natural Oklahoma 2 130 % Aug 16% Jan Elec & Preferred 4.24% Olin Mathleson 128 Shares No par preferred 4% 26 29 Vo July 16 28 the Week Feb. 1 5 common Co 62% Aug 30% Nov Friday Jan. 31 100 __ preferred series A Oklahoma July 10 19% July 13 122% Sep Thursday _ioo Match Co 23 Oct Sales far FBICES 100 100 109 % Feb 47 SALE Jan. 80 <_ 110 % Jan 35 % Nov HIGH Wednesday Jan. 29 12 common rights "when issued" Common AND Tuesday Jan. 88 EXCHANGE Highest No par 100 100 100 10 38% 39% *75% *23% *22% •115% 31% 27% 86% 90 *94% 25% No par 63% 9 40% 241/2 *24 •22% 23 % 117% 117% 32% 32% 28 28% 1 86% 86% 95 90% 95 26% 26% 63 63% 40% 40% •89 (623) The Commercial and Financial Chronicle NEW YORK STOCK EXCHANGE STOCK Range for Previous 31 Lowest 35% Ma; May 28 Nov 21 29% Dec 26 130 Range Since Jan. 1 Highest Lowest 131 19 2 Jan 1 60% Mar 22 31% Jan 14 72% Jan 3 17% Jau 33% Nov 23 Quaker Oati Jan 29% 21 87 % Feb 20% July 11 137 35% Jan 18 78 Jan 24 18% Jan 17 27 15 % Dec 4 53% Jan 23 69% Apr 12 44% Aug 3 51% Feb 54% Jan" 28% Feb 34% Jan 12 Dec 13 July 19 12 16% Aug 19% Mar 27 Jan 11% Feb 14 37% May 32 24 44% Jan 38 Jan 9 39 Jan 37% Apr 33% Jan 24 36 Jan 2 40 4 Dec 20% Jan 11 30% Apr 11% Dec 26 IS 38 Va Jan 31 27 34% Jan 18 Jan 4 38% Jan 4% 34% 2 31% Jan 12% Jan 8 Nov 27 10% Mar 14 6% Jan 23 Jan 18% Mar 14 136 No par 34'/s 28 % 33 . 33% . 15 27 18% Jan 3 4 21 14% Jan 6% Jan 15 % Jan' 8 20% Jan 29 30V«Apr 18 27 Jan 18 18 64% Apr 4 61 Jan 10 28% July 19 43% Jan 3 30 Jari.'28 61 5 Jan - Nov 27 8 •/■ Jan 16 5% Jan 18 15% Jan 10 11% Jan 13 % Dec 34% Dec 31 45 25% Dec 27 17 28% Dec 9% Feb 50% Jan Apr 24 Jan 23 Jan 14 13 85 27 49 Oct 9% Jan Apr 26 81 Sep 12 91 Dec 53 3 49% Mar IS 1 70 Aug 67% May 70 No par 52% 29% -12% 19% 34 5 33 Vb 76 •« 7674 77 % ) 76 V-4 76 V4 2.000 18% 18 % 18 Va 7 18 Vb 18 Va 4,300 52% 52 52! a 51% 52. V a 51 % 51V4 29% -a 28% 29% 28% 29 9.900 12% 12% 127a 127b 12 Va 1234 2.300 19 7 a 19% 19% 60% Jan Reynolds Metals Co 2 2 45% Jan 3 25 57% Feb 1 69 Jan 2 Jan 2 16 81 Jan 29 82 % Jan 22 105 V« Jan 69 11 92 % Jan 2 98% Jan 18 5 37 % Mar 13 18 Jan 2 21% Jan 18 5% Dec 20 8% Mar 20 6 Feb 6% Jan 3 23 84 % Apr 18% Jun 29 18 27% % 11% 6% *6% 10 *6'% *15 15 Va 15-Va *15 15 5 *14 Va *27% 27% 277a 2974 29 % 29% *2874 297b 100 *28% *61% 62 61% 61% 617 a 617 a *61',4 62 62 30 30 V 30% 30 V 30 Vt 30 29 25% Jan 22 Jan 27% Dec 10 28 Feb 28% Jan 1 26% Jan 2 Feb 30% Aug 2 37% Apr 26 9 19 90 Nov 12 510 28 105 Apr 2 3 366% Feb 17 Jan 9 28% Jan 9 33 , 28% Jan 21 1 406 Jan 4 7 Va 6% *12% 12 Va 12% 12 Va 12% 12 % 1.200 50% 51% 50% 51 Va 5174 52 7k 52 7 g 53 3 a 51% 52 7 a 37.900 35% 35% 35% 35% 35 % 3574 35% 3574 35 V-4 35ja 2.100 26 2474 257 b 5 24 % 2474 24% 25 % 10% 9% .10 % 54% 53 Vb 54 % 45 44% 45% 56% 57 9% 1 53 50 45 _10 7 56% 30 a 56% 25 Va 10 lO'/a 10 10 Va 30,500 11,100 55 Vb 557a 547b 55 Va 21,700 45 45 *4474 45 V4 567a 96 97 19% 19 Va 6% 6% C 6V« 6V» 6 Vb 65 % 66% .10 *31 5 Va % conv preferred Rochester Gas & El Corp 75 *65 81 *8074 8174 13% 13% 13% 137b 137 b 14'b 26% 25% 26% 26 Va 26% 28% 287b 28 28 28% 28% 28 Vb 371% 374 37174 366 Va 20 377 377%; 373 376 - 100 Jan 8 Rohr Aircraft Corp *93% 97% *93% 1 13% Jan 2 Ronson Corp 27% 27% 27 %• 27! 1 4'/~8 Jan 2 Rotary 13% 13'/4 13% 13% 13 40% Jan 21 44% Jan 3 Royal 40 Dutch 40 V 40'4 33% Jan 11 Royal McBee 80% Feb 14 80 Nov Feb 71% Dec 17 30 112 11 38% Dec 5 22 Va Jan 16 24% Dec 97% Feb 155 3 69% Dec 52 11 Ruberold Co 9 % Jan 13 Ruppext 63 17 Jan 21 Jan 2 Mar 19 38% Jari 22% Jan 23 Feb 25 33 > Jan 13 91% Mar 23 73 2 29 150 2 25% Aug 31 3 69% Jan 88% Jan 139% Jan 21 > 42 Jan" 3 Jan.11 24% Feb 26% Jan 1 I 11 Jan 2 235 Nov 7 311 Aug 2 236 Jan 14 240 Jan. 155 4 Jan tt 215 Sep 17 205 Jan 2 205 Jan 2 42% Feb 1 48% Jan 3 •40% Feb 93 9 Dec 18% Jan 17 29% Jsn 60% July 31 12 19 12% Jun 18 105 7 93 2 21 Jan 23 .63% Apr 9 20 50 % Jap 95 90 12 8 16% Jan 23 56% Feb 13 36% Jan 29 3% Dec 27 7% Apr 27 39% Jan 4 39% Jan 20 8% Dec 14 22% Nov 27 62% Jan 10 18% Nov 29 13% Feb 59 • 21% Feb 7 45% Jan 19 55% Jan 4 55% Jan 23 "">% Mav 24 73 50% Feb 10 24% Jan 3 16% Nov 29 49% Sep 20 • Dec 67 Aug 46% Jun Seaboard Seaboard 23 29% Jan 7 30 3% Jan 8 4 Jan 11 7 46 Jan 11 Jan 18% Jun 6 Feb 14 7% Dec 13 3 26% Jan 2 28 55% Jan 11 21 58% Jan 2 11 31 Sheafler 4 30 20% Jan 4 Shelter Mfg Corp Sheraton Corp of 13% Feb 1 17% Jan 25 1 31 Jap 49% Jan 17 2 21 89 Jan 8 60 % Jan 21 63% Jan 11 65 Jan 60% Jan ; 4 29 74% Jan 4 21 66% Jan 30 37% Jan 3 12 Jap ii 16% Jap 2 20% Jari 11 50% Feb 1 56 41% ii Jan 10 21% Jan 19% Jan Jan 31 18%-Jari 2 24% Jun 20 Jan 31 24 July 10 237% Apr 10 12 % Jan 24 21 3 46% Jan 9 9 23 47 Jan 7 35% Nov 15 33% Jan 2 Dec 12 39% Jan 11 40% Jan 33% Jari 3 Nov 21 35% Jan 25 54 Va July 27 Jari 31 19% Jan 11 23 29 45% Jan 20% Jan 2 2 48 22% Jan 29 6% South 8% 31 31% Anr 1R 33% Jan 23 39% Dec 31 38% Jan 3 41% Jan 31 Southern 68% Mar 23 43% Jan 21 46% Jan 10 8outh'n 2 45 % Jan 8 44% Nov 29 S8% Oct 17% Dec 84 Dec 1 6 26 24% May 15 17% Nov 4 38 _27 May 28 Dec 12 47% Jun 25 05% Nov 30 16% Nov 1 21% Nov 29 96% Dec 3J 11% Dec 19 70% Dec 28 49% May 16 20% Jun 1 Qi % .Tart 30% Feb 43 Jan 13% Jan 1 2 31% Jan 19% Jan 18 24 4 81 Jan 17 81 Jan 17 28% July 13 26 Jan 22 27% Jan 35 7/64 Jan 21 Jan 17 8% Sep 4 63% Aug 17 73% Jan 18 103% Mar 6 24 % Mar 20 29 % Apr 2 105 July 17 16% Jan 3 8"*% Jan 17 22% Oct 1 31% Dec 7 36% Oct 2 44 V8 May 14 21 17% Jan 2 5% J an 28 40 Jan 48 Feb 3 11 64 Jan 29 18% Jan 10 6% Jan 65 Jail 54% Jan 7 28 4 94% Jan 94 Va Jail 9 17% Jan 19% Jan 14 21% Feb 96 71 23% Jan 21 9 98 Va Jan Jan •11% Jan 15 12% Jail 4 Jan 3 72% Jari 7 28% Jan 7 32% Jan 22 77% Nov 37% Jan 30 2 91 % Jan 40% Feb 1 26 6% Dec 77% Jan 4 28 82 V4 Jan 24 12% Jan 6 9% Jan 6% Jan 2 3 9% Jan 11 22 11% Jan 10 11% Jau 7 12 Oct E & G Spiegel $4.50 & Co 76 *81'/a HI 82 61 % 65 18% 53 j. ] 19 % *17? 8 Va 20% 207a *48 34 Co 25 7.50 No par No par Bros No par common : 20% 137 a 29 4 48 % 48 3 4 , .. 677a 66% 67% 4.30 0 64% 65% V' 337b 39 %> 507a , 19% 19% 225 22% X22% 307« *30% *35 20 225 8 8 8% 21 47% . 20% 18 35"' 34''a a *35% 47% 47% 300 11,400 800 18% 2,500 ' 50 74 ii 19% *177 8% ' 50% 44.400 33/64 2,720,000 19% 2,900 225 8% 4,700 2.500 20% 20% 203-4 51% *49 35% • 84 l., *49% 51% 35%. 34% 3474 35% 35 47% 4.5C0 35 48 47% 401). - 7,800 22 % 22 % 22% 22 '4 22 % 30% 22% *30% 22% 30% 30 34 3Q% 40% 30% 40% 41 41 41% 41% 43% 41% 40% 44% 4374 44% 30% 41% 13,40 0 44% 44% 44% 44% 44 43% 44% 44% 43% 44 % 23.300 44 44% 19 44% 14.600 19% 19% 83 *81 26 Va 26% 9 18 5% 60 50 18 5 % 65 50% 95% 17% 17% 50c 21% 22% 96% 97 2 12 *71 44 44% 19 19 *81 83 83 18% *81 26% 26% 2674 27 % % 11/64 r% 18% 83 44% |19 *18 5% *58 51 *94 % 17% 18% 5% 65 18 5% *58% 51% 95% 50 *94% 3,300 2674 26% 267+ *17% 18% *17% 13% 53a 5% *5% 0% 26' 3' 5% *59 170 48 49 3,800 49% 50 % 94% *93 % 95% 17% 17% 17"%. 17% 17% 17% 17% 22% 22 22% 21 22 % 21% 22 96% 97 97 12 Vb 11% 32 71% 71% 71 12 800 63 94% 71 600 63 50 3 4 11% 17,700 65 95% 71 > 148,900 18 65 £7 % 300 83 *96% 22 24.800 13 *81 lb 64 1 "3 *96 £7 150 2.800 56,500 , 97% 240 11% 12 11% 12 % 3,100 *70% 1 71 *70% 71% 60 32% 31% 31% 12.300 40% 40% 40% 4.500 82 % *81 % 31% 32% 31% 32 32 32% 32 No par 39% 39% 39% 39a4 39% No par 39% 39% *81% 82 % 81 % 81% *81% 82 % *81% Standard Coil Products Co Inc Standard Oas & Electric Co 51 "a *178 52 35% 1.00) 15,500 18 Vb 47% 1.400 v 61% 66 35% » - 4334 60% 39 3 4 34% 12.900 - 29 61% 18% *20% 13'b < 5,400 613 a *81 39% *48 19%. 83 65 % 20% 200 15.900 ' - 82% 66% 34% 1,200 . 77% 1338 30 40 52 34% 6.40) 8 8% 22%. No par com 13% 30 13% 8% O,o0 J 25% 4.19% .48% 19,100 52 7 a 19 V 4 19% '4 53" 8 V 767a 18 8% 3-9 18% 52 34 '.*25 , - 40 19'2 1.400 4,300 45 52 % V 77%' 778 V4 / 40 47% 25 Inc 53 % 8V4 66 3 4 '178 43,600 :: * 25 Vb 66% 47% *24% g 3% *48 35% 100 common Brands d 374 40% 19 IncZIIIIIT pfd 137« 183e 65 20 3,500 27 72 3% *4334 9.7C0 2,000 ;• 1.000 137a 52'4 63% 225 I I 4 "27% 4 19% 62 36 % a *31 1 % 58 3 39% 20 Co % 46 s 100 tr ctfs Service 52 *35 19 >177 4.700 : 15 52% 61% 53 1 70 III-- 17% - 15 II ' 19% 225 8 1 it 5 17 43% 64 537a 7 32% 34% ; 34 7a 374 8 Vb 82'a . : 81 :567i 14 % 18% - 13 54 % 17% 65 % % 40 18% 53 Va 617 b 98 32 3 b *dOa4 25Va 48% .43% *81 35 f *95 bl -"5274" 13% Va 98 8'4 29 82 83 27% 53 13% 82 83 ; - * 29'a 61 7.100 12,100 18% Xl3% \ 13% 29% 29% ' 10,700 173a 59% 277a' 25 48 5174 %51%- 52 % 19 % 43 7d0 > : 17 74 a 86 43 3, 19% 19(4 62 39% 8% 1^-4 58% 3'/a, 78 63% 39% 52% 25 12.600 ' *13% 45 4.900 167 a lW2 • 23 Vb 33 V'4 177a 327b 3% 8% 51% 15 Vb 14% 77 66 cora_4.50 (Del) preferred preferred a 14.100 42 »/a 96 59 V 6174 '. 27% 13 7 "S% *43% 4 59 15 Vb 27'a 24 5 a • 700 % 167b :: 20 17 15 77 66 5 Co T 19 % 62 pfd__l00 com Square D Co $3.50 777a 19% 15 preferred Standard 75% 19.% 16 7 a 2 50 preferred Inc -8% 48 Edison—. Gas $5.50 45 *24 30 % Spencer Kellogg & Sons Sperry Rand Corp common $4.50 8% 24% 16% 50 Chemical 4.20% > 48 Corp Spencer 8% *24 7/64 (AG) - * _25 Public 374 *43% 5 Sugar Natural Co. 3% 14.20) 33V4 • '59%. ' 30 . Mobile & Ohio stk & 14 15 42 7a *94 ,23 Jti , 167b 317a> 17% 61% 52 No par Railway common nori-cum preferred— Sparton 14 3% 44 1 Southern Spear 14% : 27-% 96 23 .32Vb 351 n' 17 61% ' 15:% 26% 3% : 24'a 74'a : 74% 33'/a * 51% Platinum Pacific Co Rights Spalding % 14 34% a 7 *93 : 81 52% Southern Indiana Gas & Elec.No par 5% 61% 27% 43 V23 747a 4, *83 32% 51% (The) Southwestern 17 V 61% *15 247« . ,.17'.4 ; 20 _5 Corp 4% Rico Southern Co 17 61% 15% '/4 51 V'4 , 52'% 10 & 35'% 17 % % 2,000 >19% 98 > 32% *78% ' 18 Inc California Jan 3434 81 52% preferred Southern 35% *9 32 '/a 52 Va preferred Porto 17 *78% _io Co South Amer Gold Carolina 347« 84 98 20% Smith-Corona Inc So'Ub 517a 32 V. 81 24 16% 17 % 32% 23% 33% / 19^% Solar Aircraft Co 21% Jan 20 84 23% 23 51% No par Id 10 19% 52 50r, j 31 Jan 19% 25 Bolvay American 8 33% 17% . 20 % Corp Smith-Douglass 16% 51% Strapping Co O) 33% 4 20 Skelly Oil Co—! (A 4 17 V 51% America Simmons Co L Slmonds Saw & Steel Sinclair Oil Corp Smith 33 V 17% *60 % 2.50 Socony Mobil Oil Co 'Inc Rights "when issued" 33 Mar 18 Steel 33 % *95 7.203 *94 . 58% ; 5.9% 83 '83 / 40% 24 Vb x50% • ttuJ 40 74 42% .-,43% 23 177« 86. 1.040 t. 40% *74 96 23 59% 98 ll.i^O 40 Va 43'a *94 59- *84 67 144 •' 205 96 51% 300 .487. • *190 16% - 667b 87 ;144 205 23 '/4 % 67 87 Vb 146 *190 No par _i 3,300 69.300 8 % 205 19% : 177 a *95 Ii 7.50* 30 *87a *190 m 17% 15 1 29 V2 874 8,600 .. 244 43 V'4 23 51% 27 No par 8.200 2974 *237 159% 32% Pen Co 33% 244 ,17% % *78% o , 45 17 Signode A) *94 33 % 25 Shell Oil Co 33 *237 j Jan (W 96 20 1 8% Jan 33 74 244 16% 20 Shamrock OH & Gas 41% *237 205 X43 23% 100 Inc 4074 . 237a 59 1 Industries *190 44 Va 33% No par 90 Feb Dec 8hahmoon 41% 66 Vb 24"a 74% . 4,200 13 40 *8674 23 74 'a 74% 244 . 4,600 27% 40 *141 ' 41 23* 04 1;, 24% *74 205 51 23% *237 , 16% 19% No par No par No par Co 40 "a -67 '4 40 V4 97 29 Va 144% % 1.650 327b 877:1 143% 24 % 73 Va 244 43% 5 common 25% Jail Jan 45 Rubber Inc V *190 1.40 $4.50 preferred 25 73% 3 28 Jan 20% July 31 63% Jan 16 Selberling Servel 24% 23 Co & 66% *86% 23 5 31 47 12 Roebuck 66% 88% 143% 40 V 4 a ;i3>: I • 4.40) 874 86% 40% *237 "1 23 29 17% Jan Bears 66% 23% *94 Co 4 143% 40% 10 Co 8% Jan 84% May 10 32% Jan Finance Oil 67% 88 23% 10 Sharon Steel Corp t Shattuck (Frank Gh ii Jan 205 30 15% Jan 6*3 Va 100 . *8% 87% 5 Seagrave Corp 19% Jan 3 loo 9 144 % 144% 100 100 Mfg Co common preferred 4 • 17 5 100 - _l... 75% Jan 3 9 3.65% 4 ,82 7 Scovlll 24 5 52% Jan -29% *87a Seaboard Air Line RR Co_ Jan 17% Jan 70 26 Nov 29'/a 9 15c 23% Jan 9 29 preferred 16% Jan 1 51 % Jan 6 55 % Apr 88 4 49% Jan 17 35 % Mar 26 > 24 Jan $4 15 18 July 11 15% Jan 2 79% Jan 13% Jan 26 Feb 3 100 Va Aug 8 29 Mar 19 14 33% Jan 36 42% Jan 19 11 Va May 17% Jan Jail : Mar 15 59 % Dec 11 26% Jan 3 29 Scherlng Corp 11 23% Jun ADr 54% Jan Jan 70% Nov 26 60 7 95= 13 21% Feb 29 V. 0 Electric Co & 4 16% Nov 21 52% Oct 25 1 29 Schick. Inc 7 20 32% Scott Paper Co common $3.40 preferred 21 63 24 Gas 11 Jan 43% Nov 26 23% Nov 15 17% Jan 20% Jan San Diego 16 75 12% Jun 32(4 Sangamo Electric Co Savage Arms Corp Schenley Industries Inc 25 ,32% Jan 28% Dec 32 Va Paper Co common.. 1st pfd 4.40% series A Jan •34% Jan 7 32 St Regis Jan Jari 28 32 Vt Ry Co preferred 61 44% May 19% Feb 29 Dec 32 Southwestern 85 93 89% Mar 41 Va / ' 10 2 105 % Apr 40 % Apr 41 V'4 ' Jan • 4074 common 21 *79 23 28 41 Va 1 Jari Jan 21 Dec Dec 8 ,4074 1 58% Jan 75% Max 19 35% Jan 40 'a 40% Preferred series A 5% noncum 40% 40% par 6% 13 Va 1,300 , 28J,a 370 a 27 V 27% 13; 34 28 74 *93 V .277a 41% Bt Joseph Lead Co —.10 St Joseph Light & Power No par St L San F Ry Co common—No St Louis 97 *93% 13 V, 40% preferred conv 97 27V'a a 40% 1 2 25 16% 29 77% Dec 35 93% Jan' 3 23% Jan 29 23 19% Jan 16 57 % Nov 78 16 15 Oct 22 Va Mar 14 33% Dec Jari 18 8 Dec Jan 21 32% Jan 23% Aug 22 37% Mar 29 May 28 44% Feb Feb 74% Jan 30 4.30% ■ 370 10 Corp (The) Bafeway Stores 4% preferred *93% 1/27 4 20 Guilders (Jacob) '81 3 Dec 30% Jan Co 97 *33 34 ■■/■ - 30 " 9 *32 V2 287b 28 Va 29 8% Jan ,35 287b 2874 30 13% Apr 29 4.200 28%, 21 28 9,000 267b 23 Jan Nov 14'a 26 Va 28% *32 400 13% 27 28% Jan 8 9,900 '-%■ 200 34 Jan 2 65 Va 31% 21% 217a 28% 13 28% Jan 657b 313a 27% 27 Co 66 Va 21 *32 34 410 42 2674 7*0 Pet '• 14 25% 13 28 657b • 200 8174 6 V4 "31V* 3174 21 647a 48% July 31 Dec 12,200 *31 31% Dec 29 67a 6 Vb 6V4 6614 *20 Va 17% Jan 11 2 7,000 21 10 30% Jan 19% 67% Feb 36 Va July 16 38% Act 4 97 19 74 31 May 28 9 97 19Va *20 Va 12 27% Feb *8074 97'/a 19 V. ■ *28% common Steel 8174 *96% 197 a 75 5 series A Electric *8074 97% . 20% *32 16,500 *69 No par Rockwell Spring & Axle Co 1.300 57 V4 .5774 75 20% 25 57 Va *65 65% ; 45 V a 57 Vb 75 31 31% 44% 57 % 19% No par 4.700 67a 10 U 96 C orp • 26 Va 81 Company 5 Roan Antelope Copper Mines Robertshaw-Fulton Controls com„1 5.300 303b 678 = 55% 19% Richfield Oil Corp 7 54 % 96 Va Co Trust a *6% -,v 10 21% May 28 . 7 25 • 34 31 210 12 Va 16 44% Dec 62 6% , Jan 35% Nov 29 100 900 12% common Selection preferred 200 15 29% ' 67« 19% 4% % 15 1.200 12% 1 Co 67b 30% 2.50 Haas *6 Vat - 6% 96% & 674 12% 1 Rohm *6% : 3°., Bitter Apr 117 a 614 1.9lo 2734 117a 10 50c Co Paper 2 7 Vb 11% 10 Manufacturing Rlegel 27 Va U~,4 4 15Va 5s 1 27% < 100 4 28% Apr 13 *15 300 700 . 41%. 11% 6 % series 21% Feb 35 27 1 6 « Preferred 4 50% 33% Jan 25 362% Dec 10 28 V 1,000 . 337a a 11% *65 71% Jan 33 7 27 Va 72 2 28% Jun *38% 82 22 21% Jun 26 41'% 82 19% Jan 2 *38 % *65 30% Jan Jan 41% 100 4 15 ♦38% Va series 21 18 35 Preferred 3.60% 64% Jan 10% Jan *33% 11% Common 5 17% Mar 20 34% 41 40.460 33 Vb 39 34% . l.iOO 19'a 33% 3974 33% 33% 29.600 39 *39 27% pfd series A Reynolds <RJ) Tob class B— Rhodeslan 187b- 34 3»74 11% Inc Rheem 19 >a 34 *38% 27% 4%% 42% Aug 15 23% Jan 6 31% Nov 29 13% Dec Revlon 1874 34 39% 11% Copper & Brass Rex a 11 Drug : 27 % Corp 21 17% Dec 66 % Jan Steel 19'%- 33% 34V-' 12 Va 3 50c preferred 22 Jan 89% Jan 21 Republic 12 V No par series Revere 54% Jan 7 2 29 %29;.V-' 337b < *38% Republic Aviation Corp RepuoUc Pictures common convertible v 34 *38% % 41-% Reliance Mfg Co common $1 33 33% 33 *■ *38% Reliable Stores Corp pfd 3 Va % 32 3 4 l,5od 76% 34 V is8% 18 ' .39 ' 110 136 287t 18% ' 34% 39 50 4,400 35% 136 28'% 76 "« 19% 50 % % 34 35'b 136 28% 29 12% 5 —50 3474 ljd 28 % Shares 33% 29% (Robt) & Co— *■-% $1.25 div pi lor preference Conv 35 106 2 26'. - 1 eo. 18 % 53 1 2.50 35%. Jan 30 26% Jail; 2 10% Jan 4 42% Jan Apr 29 18 59% Jan 10 10% July 26 45% Feb 41% Dec 10 7% Jan 22 2 1C J 12% Jan 28 34 Feb 32% Jan 3 60 62 8 11% Dec 42% Feb • ' 34% ••135% 28% I far the Week Friday Jan. 31 33 Va 18% 77 Eels 6 35% 137 28% Sales Xnursday 7 *52 18% 1st preferred 2nd preferred noncum PRICES 76 *76% Co SALE Jan. 30 137 - 2-1% No par Real Silk Hosiery Mills Reed Roller Bit Co Reeves Bros Inc 11 11% Jan 23 35 Va 13d HIGH Wednesday Jan. 29 " noncum 18 6 11 Jan com Raytheon Mfg Co-Reading Co common 10 23 33% Jan common—6 AND Tuesday Jan. 5J8' 5 Ray-O-Vac 16 37% Sep 18 (The) Raybeatoa-Manhattan Rayonler Inc I ■ 33% Nov Jan Co Radio Corp of America $3.50 1st preferred 8 20% Jan % Monday Par Ranco Inc 11 12% Feb 17% Jan LOW STOCK 4% preferred 100 Quaker State Oil Refining Corp_10 Jail 70% Nov 28% Nov 29 YORK EXCHANGE 35% Feb 4 2b% f'eo 20 NEW Highest 33% Jan T Feb 33% Apr 153 RECORD 8TOCK8 lear 1956 .Monday, February 4, 1957 .. 1 7% 8% 7% 7% 82 % 40 7% 1 7% 7% 7% *11% 11% 11% 7% 11% 7% 11% 11% 4,200 *11% 1174 11% 11% 1,600 Commercial and Financial Chronicle Number 5609... The Volume 185 }; . ' • < EXCHANGE STOCK RECORD YORK STOCK NEW ; (629) 25 . • , '■ - • r 1 45'% Jan 21 49% Jan 4 Standard Aug 14 57% Jan 21 62'A Jan 4 Standard Oil of 9 55% Jan 21 60 May 28 55% May 15 51 % Jan 23 57 Va Jan 4 28 100 'A Mar 23 87% Jan 18 91 Jan 28 14 7% Jan 2 43% Nov 29 48 y2 Jan 23 65 49'% Jan 31 62% Apr 50 88% Dec 12% May 29 15% Aug 2 13 V8 Nov 21 17% Jan 3 14'A Jan 43% Jan 23 65'% Dec 4 62'% Jan 61 Aug 15 25 81 17 Va Jan 11 17% Jan 14 11 Starrett 4 51%. Jan 19 13% Dec 28 15 25'% Nov 28 31 'A Nov 20'% Sep 14 21% Jan 30'A Oct 1 39'% Apr 3 33Va Jan 16% Dec 31 21% Jan 4 17 Jan 2 17% Dec 11 22% Aug 8 18'A Jan 21 17 »A Nov 27 20'% Jan Feb 16% Jan 17 7 88% Jan 16 90 Jan 22 Nov 27 75% Jan 30 79 Jan -4 Dec 91 16% 16% Oil 4 *13% 13% 26% 27 % 27 27% 27 27'% 27 21% 21% 21% 21% 33% 19 18% 18 18 38% 26% 26% 26% 26% 26% 7% 7% 7% 7% 7% 7% 7% 49 Va 49% 49% 49 % 49 Va 49% 49% 49% 49 49% 5,400 16 16% 16% 16'A 16% 16'A 16 Va 16% 16'% 16% 9,200 89% 90 90 90 90 .No par 76% 76% 76% 76% 77 76'A 77' 25 % 25% 25'A 25% 25% 25 Va 25'A 25'A 25 'A 25% 23'% 23% 23% 24 23% 24 38 38% 37% 38 37% 38 69 69 69 69 69'% 69'% 1 common. preferred—. common__l 1 30 12.50 Mining Co Swift 40% Jan 9 14 26 18% Jan 6% Jan 2 — Co -Jan 25 preferred Symington Gould $4 11 ——... 16% Jan 11 18% Jan 31 13 55% Jan 21 60V4 Jan 11 57'/a Jan 21 61'A Jan 7 Texas " Jan 23 ■'40% Jan 4 Texas 38% Mar 26 29% Feb 1 33 Jan 10 Texas 28 17"8 Jan 4 18% Jan 2 Texas 14 29% Jan 22 31% Jan 14 21 39'A Jan 3 8% Jan 25 Jan 4 40'A Jan 22 2 11% Jan 27 '25% Jan 16 30 % Dec 33% Oct 1 6% Dec 21 10'/a Jan 23 182 V2 May Jan 8 7 % Jan 2 9 153 Jan 25 160 42% July 27 38% Jan 20 Vi Oct 1 29% Apr 16 16% Jan 29 21% Jan 20% Dec 20 29% Apr 16 19 Va Jan 29 21 15% Feb 28 22% July 10 17'% Jail 21 47% Aug 21 54'/a July 10 47% Jan 28 11% Jun 20 13% July 31 11% Jan 15 12% Feb 10% Jan 14 Va 4 11 y2 Jan 25 13% Jan 51 Mar 28 44% Jan 25 47%' Jan 23 July 23 Apr 14 Jan 20 10% Jan 80 Nov 1 69% Jan 21 Dec 19 104 Feb 13 Jan 7 Jan 23 90 (J R) Products Inc preferred ! 4% 28 38 Vn Jan 25 34% Jan 13 24% Jan 2 14 90% Jan 21 Mar 29 13'% Jan 4 13% Jan Toledo Feb 1 48% Jan Trane 17 102 13% Dec 5 15 DtC 74 43 $1.20 Jan Timken (The) Co _ 15 23 27% Jan 8 2 Jan 23 25 57 Jan 10 33% Nov 19 28 Jan 21 317/8 Jan 17 64 Dec 26 60 Jan 23 61 Jan 9 Oct 1 36% Mar 12 29 Jan 18 30 % Jan 11 2 21 62 'A Mar 13 12% Jan 55 y2 Jan 11 16 20th Century 14 Twin City Rap 30 29'A Apr 12 23% Jan 15% Apr 27 25 18 Jun 11 16% Jan 17 Jan Jun 7 Jan 50 Jan 2 5% 52 J»n 10'A Jan 10 Twin 26% Jan 30% Jan 13 TXL Dec 6 14 % Jan 25 35'A Jun 8 18 25% Oct 49 15 conv 58 57% 57% 58% 59% 58% 58% 21,000 34'A 34 34% 33'A 33% 13,900 30 30% 29% 30'A 33,700 17% 177/8 17% 17% 6,700 *30 30% 30% 30% 37 37 % 36% 37 17% 29% 30% 30% 30'% 30'% 37'A 36% 37 36% 37 154 154 39% 39% - 39:!'8 39% 39'A 39% 9,200 17'/a 17V8 17% 80,200 19% 19 Va 16 % 19 16% 17% 17 Ve 20 19'A 20 19'% 20 19% 18'A 18'A 18 Va 18% 18% 18% 19 47% *48% 48% 48'4 48 % 48 Vb ' 49 12% *11% 12% 11% 11% 45 45 . 25% 92% 44% .75 34'% i3%r 11 "72% 93 %92 , 33% 33 ■ 16% 8% 28'% 11% 10% 10% 203 75% 76% 75% 76% 9,000 94 90'A 90'A 50 34%., 34% 8,600 25% 25% 1,800 ■: *90 34% 34% 34% ..v 25% 25% 25% 95 95 13% 13% 44% -44'% *V- 44'A 44% 37% '37% 37 % 37% 17% 17% 17% 18 '2 5 'A 26% *25% 26% 26% *• 26% 29 *56 61 >/a 26% 29'A 29'A • 44 *56% 57 57 ■ % 26 X26% 23% >48 . 94 33% *56 61 - 110 *10% 11'A 75% *90 460 46' *45 44 Va - 56% 24% 45 13% *25'A 29% 45 12% 46 94'A 26% >53'A 1,200 25% 18 >50 11% 13% 38% 29% 11% 93'% 17% 28% 200 11% 25% 31 VB 56 12 Va 13%" 17% . 12'A 91 25% ■J 38% 26% 1 1 r\ 4,200 49% 12% *12 75 92 5,000 19% 49% 11% *10% Va *10% 11'% 72% 20 18% • 20 *12 *45 12% *12 12%- 44% / 300 39% 39% • 2,000 155 155 158 600 8,800 8'A 8'/8 8'A 8 % *155 159 *153'% : 39% |- 8% Va x8 8'A Va 8 8% 160 >25% 1 (The) 57% 59% 34 17% Transit com__No par preferred50 Corp Oil 57% * 58% : 34% 33% 50 Co 57% 58% *4 17% 44 prior Coach 57'A 58 33/ 4,'800 , 30,200 1,400 29% 13 W- Electric Co common 1 4,30% conv preferred 1954 ser__5G 21% Jan 18% 17% 90% Steel Fox Film—— 17% 30'A 25% Tung-Sol 25% Jan 7% 18% 7% 17% 33 10 25 Truax-Traer Cqal Co common.—-_1 Preferred series A (conv) 50 52'A Apr 7'A 18 7% 30 93 —2 —5 preferred— $2.70 7% 18 17% 10% No par Tri-Continer.tal Corp common.;—_1 Jan 7% 17 % 30'A Va 300 18% 18% 18% 18 Va 7% 17% 30'A 72 % Trans 26 X 11% 20'A Jan 52% Jan * 18% *18% 18% 4,400 57 . 44% 21 26% Jan 12,000 *11% 17% Jan 16 12'A x47% 23ye Mar 21 July 27 12'% 18 Va 29 - 110 12'% 20 16 Va Nov 59 84% 18'A Transamerica Corp—- 30% Oct - 33% o 38% Jan 28% July 23 38% 41% 84% 7% ., 59% 39 Va 21 9 57 *152 36'A Jan 29 37% 41'A 85% 17% 7% 17% 36% 5 2 Airlines Inc 38% 42'% 12 Va. , 29% 7 & Williams 12'% 17% 30 World 11% 30 45% Apr Transue 11% 18% 19 33 517/8 Nov 26% Jan 84 11% 58% 1 31 11% .57 No par (The)— 2— 37% 41% *83% 84 " 15 common—5 -100 — Co 27 85'% *84 85 7'A 25 3% Roller Bearing Edison 21 Va 17 Va 27 Nov 11,800 27 Va *18% 34% Oct 24% Feb 2,000 11'% 43 % Nov 52 26'A *84 common— preferred 25% Jan 101 Oil Tiriewa ter 47% Mar 26 28% Feb y4 Nov 27 62 :A Feb 26 No par Pacific Ry Co— Thompson Jan 26'% 26'A " 1 1 2.50 Thompson Jan 93 2,400 Pacific Land Trusi— 2 11 2 23 37 42% preferred series A.-.25 Pacific Coal & Oil 10 76% Jan- 11 19 48% Jan 23% 36% — "" 10% Dec 23 36% 38% ex-distribution—1 100 Texas Utilities Co No par Textron Inc common __50c $1,25 conv preferred No par Thatcher Glass Mfg. Co common—5 $2.40 conv preference No par The Fajr : No par Tliermoid Co common: —1 $2.50 convertible preferred 50 Jan 24 36% 41 % Sub share ctfs 49 % Jan 9 *22% 36'% 26% Texas 19 % Feb 10 700 23% 36'A X38'A Sulphur 4.—N0 par Instruments Inc common—1 Texas & 670 23% 38% 4.48'/» conv . 1,600 1420 1385 36'% 42 Va Texas 36 45% May 17. 800 7% IVa 7% 1410 23% 27'% Gulf 4 51 V Apr 2,400 2,000 69% 23% 38'% Gulf Producing Co 23 % 38 *69 36'A 42 • 5,300 16,600 36% 39 Va Tennessee Corp—i 7 1400 100 92 23% 69% 7'% 31,300 7%' . 37% 23% 37% 1400 42% S 12 ! 33 1375 23'% :1420 1405 2,700 *88 31 Vb 7% 7'A 7% 5,800 26% 7% *69% 38% Corp Dec Co 7 Va ; 1 38% 26% 7,% . 300 38% 26% 26'% , 23% 25% 1 18% Dec 75% 76'% . 42 Talcott Inc • *88 90 38'% 7.50 (James)_ TelAutograph Corp Temco Aircraft Corp.— 19 33'% 7 6'% ■ - - . 38 , Va 36 5 Sylvania Elec Prod Inc com. 37'% *18 18'A 23% 50 Paper *18 *88 1370 1355 25 18% 37 7% 7'A lOo California Steel Corp Sutherland 8% Jan 18 4 lA May 1,000 5,200 26 % 10 12 Va Dec 19'% 19% 19 17% 1 29 18% Dec 8 19'A 18% 33% ' 1 46 V4 Jan ' Apr *17% — 42'% Jan 5 46 17% 19% 37'% 27% Jan 31 49% Nov 17'% 37%. 31 69Vb May 27 33% 17'% No par 21 8 Jan 33% 17% 18% 21 62 20 33'A 17'% *17% 37% Jan 15 37% Oct 33% 17% 18% 22% Jan 31 128 Va Dec 21% 33'% 18 % 7 < 3,100 21'% 17% Co .4.16% Sweets Co of America (The). 217/aNov 9 34 22 33% 18% 3 11 5,100 17% , *17% 38'A Jan Jan 12,200 21% 7 13 27 Va 21% 21% 33% . 36'A Jan 2 300 *13% ; 13% *13% 13% 27% Superior 11% Jan 4,200 13% 2C — Superior Oil of 4 900 63'A 13% 2 Jan 67'% 62% *13% 7% 13 26% 30 86 67% 64 1 Jan 16 68 63 , 5 27% Jan Jan 67'% 62% 1 82 6,800 67 '2 7 16% 62'A Feb May 16% 66 % Jan 99 16% 17 23 > 16 % 63 % common—1 Biscuits Inc & 6,500 16% 66 % 1210 ,, 16% 62% Sunshine 1420 16'% 16% 3 4 2 16% 66 10 Dec 16% 17 7% Jan 2 16% 68 preferred series A— 2nd pfd series of '55 Va % 16% 63% 5 Co 5 Va % 400 16 % 16% 16% 5 t>unrav-Mid-Cont Oil Co 4 18 3,300 96 *91 96 *91 55 *91 95 *90'% 63 6y% Jan 29 33 91 " 2 14 23 51% 10 Feb 86 52% Jan May 28 44 52 7 .53% Nov - 52% .No par $4.50 series A Sun 24 24 3 55ya May 10 26 34% Feb 52% 52 % Mar 16 81 : Jan 52% 52% 52 52% 52% 50'% July 26 9 150 57 % —. Corp Chemical Sun Jan 2 27 »A Feb 9 13 Feb 1 57% 15 Corp Sunbeam 28% Jan 25 22% Jan 36% Jan Mar 22 30'% Apr 42 . 58'A 68 V2 Jan 29 • 57% Sunshine 1,300 9 12 '/a Jun 58 66% Webster—, Broadcasting Co 27% Jan 25 Va Jan 6 26 25 .45 ■ 6 Feb 57% 1 Studebaker-Packard Corp 2 39 58% 58 .No par & Storer 14% Jan 267% Jan Nov 6% Dec 25 101'A Jun 21% Jun 18 Jan 4 10% Mar 8% Feb 27 25 78 Dec 3 31,500 71,200 59 57% 16% prior preference Stone 8% Jan 19 July 8 50'A Jan 28 38 Jan 7 30% July 31 21 21 40 58% 58'% Fuller Co Baer & 5% 18% Jan 2 2 7 35'% Nov Stokely-Van Camp Inc 21 23 6% Dec 31 Jan 31,. 940 19% Jan 47% Jan 22% Jan Dec Stix 27,500 47% 57% i. Drug " 59'% Stewart-Warner Corp 31 4 29 Aug 70'A Jan 66 Stevens 11 17% Jan 25 Va Jan 82 34% Nov 11 35% Jan 15 7% Mar 15 28 22% Nov 23 % Jan 6 28 Dec 89 29 30 59% 58 48 58% 57% 10 Inc new. (J P) & Co Inc Sterling 36% Jan 31 10% Feb 50 8 13 y8 May 4 , 17% Jan 29'% Aug 24 19 5% Oct 32 12 4 15 26 37% Dec 9 22'% Feb 7 27% Mar 12 31'% May 28 13% Jan 27% Jan 13% Jan 26 Va Jan Jan Shares 1 . 46% 47% • - Co Sterchi Bros Stores Inc Feb 58% 1 Chemical Stauffer ' 47% 5 Warner Corp Co (The) L S Stanley 73% Jan 70% Jan Jan. 31 59 % 100 preferred series A... Standard Ry Equip Mfg Co_. 3 2 Sales fsr the Wetk Friday Thursday 7 3%% 18 Jan . P KICKS 47'% 47% 46% 47% 46% common—10 Ohio Standard Oil of • • # IAL11 • Jan.SO 29 . 25 Indiana — of New Jersey- Oil Standard 4 Jan Jan 28 . Wednesday Tuesdav Monday Jan 6.25 California.. of Oil 4 58 Va May ' ' Par EXCHANGE Highest '• Lowest Highest Lowest * » NEW YORK STOCK ; Range Since Jan. I Year 1956 • LOW AND HIGH STOCKS Previous Range for 13% * 13% 7,300 2,800 37'A 37% 21,000 17% 17% 26'A *25'A 26'A 26% 26% 26% 56% 57'A 29% -29% 60 *57 *58 61 . 43% . 29 34 . 3,800 9 5'A 13% V'" 43 *56% 57%' 29 Va 94% 95% ' ... f 2 9'A 29% 6,500 23,300 56I/2 600 29% 2,500 59% 29% 2,700 29% 29 'A 29% 29% 29 Va 29 £5 52% 53 Va 53% 53 % 53 53 24% 24% 24% 24% 24% ?*% ?"% £4 % 24% 6,700 16% 16% 16% 16% 16% 16% 16% 2,800 *48 Va 50% 27 % 27% 16% 16% • ; *49 51 CI 9 50 Vb *48 9 9 8% 29'/« 28% 14% *14'/a * M O 7k *52% bo 7k 700 54 o 29% •>.200 9% 28% 29 % 28% 27 79,500 u Udyllte 13% Feb 9 16% Mar 19 14 Jan 21 14% Jan 4 20%' Nov 15 44 Mar 27 25 % Jan 21 27'A Jan 30 15 8 5% Jan 3 7'A Jan 17 5% Nov 11 , 31 % Feb 10 23 47% May 8 103'A Jan 26 133% July 17 Nov 21 28% Apr 29 25% Dec 33 Jan 2 35% Jan /1C4 2 ' Feb 1 115 % Jan 2 21 'A Jun 23 23% Jan 11 1 "■ 5 30 Jan 17 26'A Jan 9 27% Feb 112 Jan 9 94% Jan 2 100% Jan Jan 24 82 11 Elec Co Union 21 18 93 Jnr. 11 80% Jan 29 91 Feb 15 76% Jan 17 79 Va Jan 2 Preferred Nov Jan 22 89 Jan 22 Preferred 52 Jan 10 28 Oct 1 8 Vb Dec 11 Oct 29 89 5 2 55 39 Va May 30 Jan 65% Apr 83% Nov 9 28 104 Jan 3 Jan 21 61 Jan 21 31% Jan 8 10»/8 Msv 'O 8'A Jan 2 Jan 31 30 28'/4 Jan 3 30% Jan 8 32 Va Jan 14 36 1 Apr 9 31'A Jan 31 96% Dec 17 83%« Jan 21 Dec 18 148'A Jan 21 > 61% May 25 166 23 121% Dec 110% Jan 18 23 44% Dec 17 35% Feb 1 26 Nov 20 32% Apr 20 27 Jan 25 93 Dec Feb 24 96 7 V 20% Dec 14 48'A Jan 20 4% Jan 2 4% 4 United 10 United Jan 23 97 Jan 9 21 Jan 4 71 Va Mar 26 61 % Jan 30 69% Jan $4.50 23 28 8 28% Apr ; Corp preferred (ser of 1956) Jan 28% 32'/8 5 __100 pfd__—1Q0 Air Lines Inc. :— -10 Biscuit .of America—No par preferred :—No par Board & Carton Corp 10 Carbon Co No par coilv. 43'A Jan 29 No par 5 Aircraft United 2 28% 8% Co Drill Twist United United *99 *78 73 *87 56 com.——10 10 preferred Car Co Tank Union 14 19% Jan 107 non-cum Union Jah 115 21 10 35% Jan . 4% 90'A Jan 152 103% Oct Pacific RR Co Union par par par par 25 OH of California—> Union - mm mm- 313% Jan series——No No $3.50 series—'—No $4 series No Preferred $3.70 scries 81% Oct 78 --10 common— Preferred $4.50 . 22 26% 8c.Materials Corp—10 Union Chem 27 ' 92% Dec Apr 14% 25'A 6% 33'A 107% 1 (The) Corp Underwood Corp No par Union Asbestos <fc Rubber Co —5 Union Bag-Camp Paper Corp__6y3 Union Carbide Carbon No par com conv 83% *145 111 39% 27% *96 19% 63'A United-Carr Fastener— 41% Dec 27 61 Mar 21 40 .Tan 3 4% Jan 73% Jan 23 82 May 4 78% Jan 67A Jun 20 7 Jan 3 6% Jan 6 14 23 Jan 5 4% Feb 21 Dec Jan 9 17 13% Jun 8 43% Dec 12 May 11 28 % 35'A Jan 23 4% Jan 36% Dec 18 6'% Jan 31 Jan 4 45% Feb 5 % Jan Jan (Delaware) 1 11 21 9 11 16% Jan 11 United Engineering & Foundry 30 " 16 Va Aug 20 14% Jan 3 2 47% Jan 9 Fruit Co. 5 44 % Jan United No par &5 Mar 15% 45% 9 34% Jan 25 Gas Corp Aug 14 32 Vb Jan United 35 10 33% 41% July 30 36% Jan 29 37% Jan 7 3 6% Jan 11 Improvement Co 13% United Industrial Corp — United Merch &. Mfrs Inc 1 United Park City Mines Co (The)__l U S & Foreign Securities 1 U S Freight Co No par U S Gypsum Co common 4 7% preferred 100 37'A 5% 1,4% 1% 35'% 28 7% Jan 6 12 19% Feb 29 14 Vs Jan 2 3% Mar 26 1% Jan 3 1 % Jan 2 36% Jan 14 United 2 31 39 % May - 9 29 77 Dec 3 181 15% Dec 27 Dec 4 15 Nov 14 42 Nov 15 9 34% Jan 9 8 24 23% Jan 2 28 % Jan 2 52 % Jan 28 58'A Jan 11 Feb 1 Jan 24 22% July 19 4^ Va 15% Jan Aug 28 Vb Oct 20% Aug 52'A Nov 35 5 9% Jan 6% Jan 27 155 4% *78'/2 6% 7 33 % 35 Va Jan 79 1% Dec 23 *42% 2 8 14% Dec 28 % Jan No par 2 2 11 - 5% Jan 5% Nov I Cig-Whelan Stores cotn__30c $3.50 convertible preferred 100 United Corp (Del)..— —1 United Dye & Chemical Corp com__l United Electric Coal Cos.. 5 United July 20 156 Jan 7 162 11'A Jan 24 17'% Jan 7 Jan 24 36 Jan 2 16% Jan 8 U 7 15'A Jan - 33 19'A Mar 22 49 % Mar 16 43% Jam 7 44 % Jan 16 S Gas Hoffman Mach common__82y2c class A preference 50 5% U • S Inc common preferred series A Industries 4%% 1 50 52% *153 13% 34% 15% *44 33% 34 14'A 14'A 14% 14% 14% 14% 1.800 27 2 7'A 26% 27'% 26'A 26% 13,300 34% 34% 106% 7 % *7 7 7 7 7 7 14% 27 % 26 26'% 34% 35 106 % 106'% 104 34% 10,000 104% 343/a 35 104 % 800 7 7 19.200 108 y8 X106% 107 y2 217/a 2 2'A 22 22% 22 »A 2 2'A 21% 22'A 2.300 22% 26% 27% 267/8 27 27'% 27% 27% 27% 18,100 27 98'A 98 99 99 100 *78 82. 99 % 78 73 78% 91 89 56'A % 89 57 56% 28% 28% 99 'A 98 28% 98 »A 430 82 *78 82 77% *87 56 % 28% *77 82 *78 82 78 *77 78% *77 78 % 91 *80 91 *88 91 57% 29'4 56 3A 28%: ~90 20 57% 56% 57'/a 11,400 29 Va 28'A 28% 28.000 14,200 8% 8% 8% 8% 8% 28% 28 % 28% 28% 2,J% 28% 28% 28% 28% 32 32 31'A 31 % 31'% 31'% 31'A 31% 2,000 32 % .86 84% 85% 85 85% 84% 85% 12,200 8% • 83% 85'% 155 *145 111 111 155 111% >145 112% 39 9 8 v2 9 > 155 148 Va 148'% 112% 112 112 39% 38'/2 39% c'145 150 111 111 4.000 100 1,000 35% 37'% 39,300 27% 27% 1,000 40'A 39% 39% 27'A 27% 28 *27% 28 28 28 97 96 £7 *96 97 *96 97 19% 20 20 20'% 20% 20'/2 63 % 62'% 62 % 61% 62 62 43 43 43% *43'% 4% •4% 4% x4% 4% 4% 79% *78% 79% *78% 79% 4% 47/8 44% *43% 79'% *73% 79 % *78'% 6% 6% 6% 6% 6% 6% 7'/« 6% 6% 6% 6% 6% 34% 33% 15% Xl5% 35 15% 6% 14,400 34 'A 6% 1,600 6,900 46% 47 46 y2 46% 19,800 18,200 34 47 11,100 6% *33% 6% 15% 47'% 14% 6% 6% 15% 33% 54 % 8.200 15% 46% 163 400 4% 15'A *36% 28% 4 5'A 34 37 1% 44% 44% 15% 34 36 1,200 34% 47% 6 61% 15'A 36% 14% 61 % 33'% 33% 5% 600 62 ] 5% 46% 14%. 110 20'% 20% 34 37% . 97 20% 34'% 34 % 47 *96 6 14% 33% 34'% 33'% 33% 37'A *36% 37'A 36% 36% 5% 5% 5% 5% 5% 5% 1,500 14% 14% 14'% 14% 14% 14% 14.300 *1% 1% 600 7,700 1% 1 % 1 % 1% 36 35% 35 7 8 35'% 35% 35'A 35 % 5,100 35% 27% 27% 28% 27% 27% 27% 27% 4,200 28 % 56 56 'A 56'% 55 % 56 1% 54 'A >158 13% *35 15% *44 1% 55% 162 14% 36 15% 47% 54% 158 13% 33% 15% *44 158 14% 34 160 13'% 34 160 >160 163 13% 13'A 13% 34 33% 34 15%. 15 % 15 ya 47 44 '/4 44'A 15% *44 9,400 50 120.700 900 15% 5.900 45% 100 26 The Commercial and Financial Chronicle (630) NEW 4." 22% Jan 11 3% Jun 15 .»■ NEW 14 33% Jan 10 37 % Jan 24 8% Jan 2 8% Jan 7 23'/# Jan 11 23 70 S 1 27% Jan 4 63 2 06% Feb 1 U 2 35% Jan ■4 U Jan 32% Nov 29 51% July 18 33 % Jan 81% Dec 31 90% Mar 85 Jan 17 86 Jan 23 42% Jan 2 21 49% Jan 4 29 142*2 Dec 26 Feo 1 Jan 2 17% Dec 17 19% Sep 17 10 18% Jan 10 19% Jan 2 71% Sep 50% Feb 1 64% Jan 11 9 57% Jan 2 61 28 56 Jan 4 58 Dec 28 51% Jan 23 143 Nov 30 17 Dec 28 170 Mar 69 145 156 Jan U 24 Jan 31 62% Jan 28 73% Jan 8 7e> 20 145 % Jan 2 155% Jan 25 U 8 U 2 18 Jan 15 7 Feb 10 34 Jan 10 36 Jan 22 27 14% Apr 23 13% Jan 4 15% Jan 28 United 7% Dec 17 10% Jan 9 7% Jan 4 8 Jan 4 United 32 Jan 3 87 Jan 21 $6 6 % J an United 19% Jan 38 16 . Mar 23 17% Jan 82 Dec 27 99 6 Dec 31 26 10% Aug 3 7 % Jan 22 26% Aug 15 13% Jan '9 15 Jan 23 61 Jan 2 33% Jan 25 13% Dec I7 ■ 41% Feb 9 65 Dec 4 54% Jan 29 30 Ve Dec 7 39 Apr 6 31% Jan 2 Feb 167 144 24 Jan 8 Jan 154 23% Dec 20 29% Mar 12 24 % Jan 14 25% Jan Dec 20 82% Mar 29 70 Jan 21 71 Jan 8 24% Nov 12 26 24 Jan 28 25 % Jan 2 43% Jan 23 70 Dec 14 Utah 9 55% May 4 12% Dec 21 17% Jan 3 12% Jan 2 13% Jan 9 37% Apr 6 25 % Jan 2 28% Jan 15 11'« Jan 2 14% Jan 30 46! 4 Jan 12% Nov 28 Jan 4 40% Dec 20 129 Feb 7 130 Feb 2 123 Sep 12 128 Feb 20 25% Dec 26 7 Dec 82 28 21% Nov 13 105% Dec 20 58% Mar 42 9 % Jan - - ■ Jan 18 24 78% Jan 15 38% Apr 18 Jan 6 20% Feb 109% Jan 2 42 % Jan 21 105% Jan 11 47% July 26 38% Jan 10 104 Dec 18 116 Feb 13 93 Oct 30 103 Feb 13 85 Dec 28 106 Mar 87 Dec 31 103% Feb 1 25% Jan 120 Jan ■ 3%% 1 9 24 9 10 $4.12 31 11% Jan 14 % Dec 27 14% Dec 27 14 Jan 74% Nov 28 83% Jan 3 66% 66% 66% 66 % 600 1 34% 34% 33% 34% 34% 8,100 86 86 100 100 153 61 59% 62 % 17% 3 17 Jan 21 76% Jan 10 77 Jan 24 23 13% Jan 4 30% Jan 2 95 *92% 95 43% 152% 44% 44% 43% 152% 153 18% *58% 152% 152! 4 63% 63% 152% 152% 18% 18% 18% 58 58% 56% 18% 57% 60% 00% 60% ; 7 60%: 64% 64% 65% Xl50% 153 17% 940 153%, 18% 60 a 10,900 43% 59 60 17% 43 % 151 % 17% 64% 63% 151 600 105,000 1,700 17% 17% 17% 35 34 34 15% 15% 15% 15% 15% 15% 15% 7% 7% 7% 7% 7% 7% 7% 7% 7% 86% X85% 7 ■34 7 35 86 6% ■ *34 84% 7 *14% 15 15 _1 "54 55% 54% 33 33 - 153% *153% 1,300 200 1,700 15% 1,300 8 240 83% 83 7% 15%.- *14% 15% 57, 57 *55% 56% 800 33 33% 32% 33% 1,400 153 153% 33% 153% V 7 56% *33 85 • *14% 15 56% 33 154 *83% 7% 15 55 33 154 *34 85 7 15 17% 35 800 1,100 151 15% *85 1 156 7 ■ , 3,800 7 300 160 156 *153 com—1 24% 24% *24% 25% *24% 25% *24% 25% *24% 25% ion 12.80 lnc *70% 70% 70% 70% *70 70% *70 70 % *70 70% 60 24% 24 24 % 24% 24 % 24% 25 25% 9,000 .--I 2.50 43% 44 45*'4 45% 45% 13% 13% 20% 27 lnc 24 44% 11% 12% 43 12% 12 12% 11% 12% 20,700 42% 42% 43 43 43% 3,200 3,900 *123 112% 44% 1 90 43% 95 28 "87 76 31 15 15% 16 44 ''4 44% 114 20 22% 5,800 110 112 44% 44% 108% 108 108v 27% 81% 20% 76% 1,800 8 4.200 108% 100 44 7 93 *88 93 •88 93 *88 93 *90 31 1 113% 109 27V2 '811/2 22% 95 *90 95 "92 95 *92 95 "87 90 100 112% 107% 21Ya 82 22% 43% * *81 23% 112% 108 % •123 27% 82 23 43 "4 107% "88 27% *81 23% •123 *123 26% 82 23 % 43% *123 *123 26% 112% 93 preferred 11% 42% *82 109 corn 1,400 11% 23% —.——25 Co 4,500 112% *88 — 13% 28% 22% 100 — 4,700 13% 28 112% *108 common 45% 13% 27% 42% 26 % 82 r—100 „ % 13% 27% '123 26% *81 44 13% 27% 11% 123 100 45% 13% 27% '123 26% 45 13% 42% '123 100 24% 100 ii % 13% *27 42 % 2.50 Ry com_100 Waldorf System 29 "92% 7 60 17% 17% 35 ion 23 95 10 88 18% 14 —• preferred *86 15% 1 preferred Virginian Ry Co 8% preferred Vulcan. Materials 88 152 % 154% *34 25 lnc & 2 62 3 63% *86 58% . 33% 34 % 34 88 *92% • 152% 18% 58% *65% 10 Co partic 3% : conv 152 18% 59% 24 36 *86 43% com.No par Industries Co 17 95 43'a • 155 4 154 No par Corp of America 10% Jan 88 "92% 43% 61 100 34% 4 18% 16% Light Co Jan 33 3 *86 58 3 com„So -50 com *65% 100 & 76% Jan 31 43 % 100 24 95 "92% preferred—.No par preferred preferred $4.20 Jan 12% Dec *65% preferred $5 Jan 26 66% -— preferred $4.04 86 10% Dec 06 % 100 Virginia Elec & Power Co com—10 89 7 66% 1 Pictures dlv 6% 9 3 11,000 Va-Carolina Chemical com—No par 8 9 18 10 24% noncumulative preferred Jan 74% Jan 23% Victor Chemical Works common—5 % Jan 29% Jan 24% Co 85 27 24% 5 Pacific 88 16 24"# Mln Shreve 6 79!4 Nov 24 % preferred Raalte 17 33 % Jan 24% preferred & Chemical — 9 1st Vicks 8 Jan 110 600 241.1 10 Vick 7 45% Jan ■ - - 8% Vertientes-Camaguey Sugar Co__6% 11 '' 46% Jan" 11 28% Nov % Feb 81 "8 % 5 Leaf Tobacco Norman 5% 28 % Jan 35% 8% Co common Power Van __ 25% 94% Apr 128 Van — ..... 34% Mar 26 50% Jan 35% *8% 2nd Vanadium 2 38% Feb 25% Nov 21 35% 8% preferred 4%% 8,000 35% 8% Co Wallpaper lnc Universal Shares 35% Stores $4.20 rtoncu 2nd pfd_5 8% the Week 8% Stockyards Corp— Universal 8* lea far , 1 35% noncumulative preferred B Feb. 21 8% common convertible . 35% preferred— Universal-Cyclops Steel Corp 10 12 Tobacco Class 28 Dec 137 S 7 % .Jan : Friday Thursday 8% Corp common— preferred 12% Jun i PRICES Jan. 80 36% Steel 33'iDec SALE HIGH Wednesday »9 8% preferred 7 % Jan 35% Corp commonpreferred series A preferred series B noncum 7 % 2 Jan Card Rubber Co AND Tuesday Jan. 28 1 . S Plywood S RECORD LOW ——10 common U. S. Shoe Corp U S Smelting Ref ' 73% Dec 169 Playing 3%% 26 67% Mar 14 Monday Par Pipe & Foundry Co S ,r' ' STOCK preferred 3%% July 18 128 Dec 42% Nov 92 f U 23% Feb 6 Jan Si. Lines Co 4 % % 1 35% Aug 61 >2 Dec U STOCK Monday, February 4, 1957 *» * EXCHANGE 9% July 13 36 *4 Dec YORK Highest Lowest Highest EXCHANGE STOCKS Ranee Since Jan. 1 Year jy:>« Lowest STOCK YORK >' ; ■ Range for Previous ... 90 *87 90 "87 90 *87 76 */« 76% 75% *30% 30% 30% 15% 14% 14% 14% 16 %■ 15% 16 15% 88% 75% 75 75'/4 75 75% 30% 30% 31 30% 30% 1,300 14% 15% . 14% 14% 14 14% 4,500 15% 15% 15% 15% 3,100 5.300 w 13% Dec 19 14"% Jan 9 13% Jan 29 % Sep 26 33 Jan 6 29% Jan Nov 29 75 Mar 20 Wabash RR IV%"U preferred *76% 100 *77 78% 78% *77 13% 13 Ve 13% 13% *13% 10 29% 29% 29% 29% 29% 29! No par 72 % No par 78 % - 64 12%lJan 30 13% Dec 95'a Dec 10% July 15% Nov 12 17 6 23 Feb 72% 71% 72 71 % 72 72 72 72% 29% 72% Jan 2 18% Jan 11 Walworth Co 2.5C 17% 17% 17% 17% 17% 17% 17% 17% 17% 17% 4,300 13% Jan 2 15 % Jan 25 Ward Baking 1 15 % 15% 14% 14% 14% 15 *14% 15 14 % 14% 1,200 95 7 95% Jan 24 "93% 95 *93% 11',4 Jan 22 7 21 Jan 5 % % 3 Wardell 14% Jan 30 16% Jan 2 Ward Industries 29% Dec 26 3 9 1 25% Feb 42% Jan 21 28% Jan 49% Aug 46% Jan 3 9 37% Jan 30 38% Jan 9 35% Dec 20 36% Jan 17 25 % Feb 9 38% Mar 23 35% Jan 3 37% Aug 30 Jan 21 8 Mar 32 Jan 9 24% Jan 17 25% J an Warner 27% Dec 14 25% Jan 2 31% Jan 4% Apr 6 2% Jan 8 Jan 4 43% May 10 31 % Jon 30% Oct 1 2% &. Snowdrift com—.2.50 33 % West Mar 20 26% Jan 99% Jan 20 105 42% Jan 30 63 Mar 27 28% 4 Dec Wesson Oil 4.8% 2 27% Jan 30 1C3% Jan 20 West Penn 14 95 Jan 28 4.20% 27 90 Jan 14 91 Jan 4 4.10% Apr 18 Jan 21 47% Jan 11 • ■ West Power Va Paper preferred Jan 12 103 " Jan 29 Jan 3 25% Dec 31 22 % Jan 23 24 % Jan 2 5 15 % Jan 21 16% Jan 3 Western 105*/4 Feb 23 Jan 21 4.80% 58% Jan 11 Western Maryland 74% Jan 14 28 Feb 13 67 May 10 91 Jan 2 50% Jan 28 68 % Feb 17 82% July 20 73 58% Nov 29 86 17% Nov 21 26% Nov 29 May 22% Mar 93 Jan 2 9 56 % Jan 29 63% Jan 4 5 18% Jan 25 20% Jan 4 36% July 17 28 % Jan 28 30% Jan 50% NOV 29 65% Mar 20 54 Jan 21 58 Jan 27 99% Jan 83 Jan 2 89 Jan 128 Va-Jun 5 46 Jan 20 94 Sep 28 21% Jun 69% Dec 17 57 Jan 28 69% .Tan 2 94 % Jan 15 96 >/4 Jan 9 8 28% Feb 23 24 % Jan 18 26 % Jan 8 80 V* Feb 15 64 Feb 1 68% Jan 8 Whirlpool-Seeger Corp 4%% conv preferred 36*/4 Feb - 20 1 Apr 10 31% Jan 18 50% July 24 102 Jun 8 28 Jan 2 White Dental 2 50% Jan 2 White Motor Co Jan 2 IOO1/2 Jan 7 11% Jan 2 13®e Jan 10 27% Jan 3 29'/a Jan 14 1 59 Jan 4 Wilcox 1 15% Jan 2 Wilson Jan 23 18 13% Apr 2 29% Mar 14 30 61 23 May 10 16% Apr 30 54 % Feb 12% Jan 69 17 82V4 Apr 30 19% Dec 5 72 14% Jan 4% Dec 4 26 10% Jan Dec 31 25% Jan 4 30% Sep 26 37V4 Feb 20 127 Oct 18 21 % May 15 29% Oct 1 43% Dec 19 41 % Jan 23 88% Nov 29 9 14% Feb 19 Jan 21 75 Jan 31 19% Jan 9 5% Jan 21 e Windsor Industries 31 Winn-Dixie Stores 20 Jan 14 30% Jan 20% Jan 32 Jan 2 127 Jan 22 24% July 10 21% Jan 22 22% Jan 31 Wisconsin 29 25 31% Jan 8 Woodward Iron 27 Jan 43% Jan 2 45% Jan 60% Nov 15 54% Jan 21 57% Jan 24 88 23 91 Jan 13 207 Jan 14 Jan 30 25 98% Mar 9 86 Jan 25 88% Jan 3 7% Dec 31 10% Jan 4 7% Jan 3 8% Jan 8 24 Jan 19 83% Feb 8 20 101 Jan 16 July 30 216 Dec 34% Aug 7 28 ' Jan 29 212 30% Jan 14 12 32% Jan 21 35% Jan 2 ™,7Dgc1° 103% Jan 28 123% Jan 2 36% Dee 29/8 Nov 141 y4 Jan 28 3 riividnnrf5 a«rv#!Led PTk"**" no YiUt-"ay fcx-ngntg. eName 26% Jan 4 28% Jan 94% Jan 31 103% Jan 3 changed from tin 37% 36% 36% 1,100 27 6,500 100 91 91 *91 93 "91 93 *90 93 42% 100 *103% 104% 5 10 23 15% *15% *93 97 *93 52% 50% *72% 74 72% 28% 29% 54% 54% "72% 73% 57% 57 % 58% 57% 58 5.100 19 19% 18% 19 10,300 28% 28% 28% 28% 29 54% 55% 54% 55% 91 *89 94 ' 08 % 25% 26 *27% 28% *27% 28 *27% 47% 47% 47% 47% 100 common—1 *99% 100% *99% 100 % 12% 12% 12% *28% 28 % "28 Va .1 10 20% 31% 99! *54% 55% 14% 14% 14% 75 *74 77 75 75 14% *18Vs 19 Ve *18% 19% *18yi 5% 5% 5% 5% 4% 20% 31% 20% X31 20% 20% 31% *125% 22 y8 22 29% 31 129 Co. has d Formerly %. 30 % APW *18% 19 95% 96% company's reorganization, 20 2,400 l^'M) 44% 44% 22% 29% 45 44% 45 44% 45 56% 56% 56 56% 55% • 56 % *89% 90% 7% 95% 12,900 29% 7% 33 4,600 30y8 22% 7% 28 20% 129 29% 7% 104% *127 22% 7% 33% 30% 129 200 1,700 22% 7% 28% 5 20% 20% 3H'b 31 *127 .90% . 86% 105 5 29 % 86% 27% Products. 8,000 22% 85% 27% the 1,200 14% 74% 30 *85 y4 27 for 22% 85% 33 54% *29% *85 % Nopar filed 20% 129 208 % .No par been % 20% 31 % *127 % 60 5,800 *73% - 5% 210% 28% 54 99% 28% 14% ■ ' - 19% 5% 90% 103% • 19 V4 56% 10 *28% 14% 75 127 (L A) Spring & Wire 5 Youngstown Sheet & Tube Nopar 55% 55 14% 89% Oorp_ 54% 55 200 1,900 12 ya 12 28 y2 15,700 28% 47 99% 12% 12 470 7,700 64% 47 100 100 58% 25% *27% 47% *28% • • 95% 64 28 47% 14% 44 Radio *27% 55% 56 Youngstown Steel Door 4 12% 89 Co 28! 47% 76 127 208 *64 99 % 41,900 57% 25% 64% 28% 57 Co 2 6,300 55% 25% 95% 25% -12% 44% 10 95 25% *28 % 28%, 91 95 59% 12% 600 *127 58% 28 88% Corp__l(i Young Textile 47% % 54% *89 65% 1 73% 28% 55V4 91 95 20 44 Va petition 58% 95 '94% 25% *73 *127 58% *64 com "89 *127 57 , 54% 91 65 Va lnc 1,000 12,200 19 % *64 . 53% 72% 65% 5% 525a 19 "64 *18% ■67.00 97 56 % 80 10 15% 20 130 2,400 13 19 *89 25% 14% 24% 340 57% *127 *73 42% 104 *93 53% 102% 28% 91 95 Co Mfg 50 18% 95 10c 97 53% x56% 25% lnc *93 53% 56% w 97 £2% 10 Zenith 15% 52% 29% Towne 23 15% *93 22 & *103 24 19 58% 100 (F W) 104 15% 74 55 *103 23% (57% 57 No par 42% 43% 15% 18% *127 No par 27 101% 23% 57 10 common—5 104 73 *89 43 42% 27 103!'4 15 % 97 50% 26% 103 23% 23% 15% 100 common *103 *15% 27% 103% 42% 103 23 23% 27 % 103 103% X103 Service 2,000 96 93 27 % 26%. 103% 22 receivership, Consolidated 37 29% Yale 11 sales on this day 36% *91 preferred Woolworth IS 25 36% *36% Worthington Corp common 10 Prior preferred 4%% series 100 Prior pfd 41/2% conv series_100 Wrigley (Wm) Jr (Del) Nopar Wyandotte Worsted Co B 31 Jan 37 37 *94 corn— Wisconsin Elec Power Co 14 99% Jan 13,500 33% 47 96 ' Public 36% Fab 50% Mar 19 46% 42 Co 8 6% 46% 33% *46 "94 - 7 127 47% 96 common 8 22 Mar 22 47% 47% *94 —5 lnc Jan 145 34% *46% 96 C preferred Wilson-Jcnes 34% 46% 47% *94 Co Co 341'2 46% 27% (The S S) Jan 83% Nov 26% May 24 Oil 34% 46% 47% 2% 95 preference & 3,000 2% 102% common 4% Jan 159% Jan - *$4.25 10,500 2% 48 42% preferred Sewing Machine Prior 500 303e 34% 42% 5 % % White 25% 30 2% 20 Mfg 25 31% 30% 93 —No par 99 25% 30% 2% 25% 2% 26% preferred 46% Jan 26% Feb 20 Corp 27% Jan 23 30% Jan Dec $5 Steel 25 1 25% 102% Wheeling & Lake Erie Ry 31 Wheeling 1,000 100 Brake 24 103 30% 29% *36% Westlnghouse Electric coramon_12% 3.80% preferred series B 100 __ 30% *30% 2% 46% Ry Jan 27% Dec 9 Feb 2,300 30% 31 5,500 29% 34% 100 Air 36% 25% *46% com„Nopar 2nd preferred 100 Westlnghouse 36% *2% 47% 1 Aug 30 62 99 130 11 700 36% 36 25% 48% Western Pacific RR common_No par Union Telegrap.h 2.50 24 4 37% 28 7a common—8 Supply Co noncum 44% 37% ;~'e 33% Western 3 82% Dec 4% Auto 44% 37% 100 preferred Dec 47 4% % 4,100 44% 25% 47% Western Air Lines lnc 16% Dec F ; 44% 36% 31 - 30 *37% 8 Pulp & 13 *36 26 . 37%. B series 20 37% pfd series 15 % Dec 93 —26% -26% 44% 44% 95 28% ' 4 4%% preferred preferred 18% Jun 104 37 % 47 >e Wost Penn Electric Co 3 Jan 42 44% 1 SugaT Corp Kentucky Coal Co 91 . 26% %■ 44 50 preferred Indies 2 J 108 29 Jan . *25 1 39% Jan 88 8 1 21 13 Co 8 West Mar Motor Wayne Knitting Mills Wayne Pump Co 23 29 25%.. 25%, WeiDlit Corp 23 105 26%- 25'4 *37% 31 Jan 112% Jan 26 % 31 50 12 25% Pharmaceutical—1 30% 48% Jan 26 1,500 36% 34% Jan 10 700 147.8 36% 4 Dec 11% 14% 31 2 Nov 11% 15 30% 35 % Jan 92 11% 15 36% 5 25% Jan 11% 15 No par 44% Dec 97 11% 14% 37% 7 3 *11% 15% 44% 45% Jan 25% Jan 95 11% 15 *93% 8 41 V8 Jan 44 *93% 11% 15% 44% 2 52% Feb 16 95 11% 15% 35 7 21 26 20% Feb 95 11% 8 lnc 95 No par Dec 44% Nov 104 3 Pictures Bros Waukesha 800 1 Corp Washington Water Power 31 26 100 * Washington Gas Light Co 7 8 2% Dec W Corp Warner-Lambert 4 19% Feb & 2 1 11 % Jan 30 40% Jan O Co common preferred Apr 27 700 Jan 1 3 200 74 8 Jan 400 13% 29% 2 37% Oct 22 73% *13% Jan 40% Feb 1$% Jan 27 *77 13% 29! '2 17% 28 12% Nov 20 77 29% 71 20% Sep 7 17% Mar 12 106 77 "13% 13 % Walgreen Co Walker (Hiram) 208 *208 28% 33 210 28 28% 33 106% 33% 106% 109 210 91 210 *90% „ . *208% 91% 213 11,700 3,700 100 286 86% 86% 86% 86% 300 7% 7% 7% 7% 1,400 28% 11,500 . 28% 33% 108% 28% 33% 28% 33 33 y4 106% 111 108 2,500 20,100 27'a 27 27% 26% 27% 27 27% 4,600 96% 95% 97 94% 96% 94- 94% 1,600 a Deferred delivery, r Cash value, wd When distributed x Ex- Number 5609 Volume 185 (631) The Commercial and Financial Chronicle ... Record Bond New York Stock Exchange «« FRIDAY The letters italic in column the Figures headed — WEEKLY Period" "Interest decimal after YEARLY — indicate in each case the month when the bonds mature. represent point 32nds of more or one point. a - AND LOW GOVERNMENT Range for Previous Lowest Lowest Highest Dec 98 17 Highest 17 Dec 98 ______ __ ________ __ ___. _________________ ______ 1961 1958-1963 1960-1965 Treasury 2%s.___ 2%s Treasury 2%s Treasury ______ __ _______ ______ __ __; Treasury 2%s Treasury 2%s Treasury 2%s ______ __ ' . ; __ __ ______ __ __ 12 91.12 Dec 12 90.13 Dec 12 91.3 Nov 13 Treasury 2%s 90.12 Dec 12 90.12 Dec 12 90.11 Dec 12 90.26 Nov 13 Treasury __ ' .' ___;■ __ __ 89.21 Dec 12 95.14 Mar 8 90.22 Nov 13 95.11 Mar 9 ______ __ __ ___u^_ __ — 96.30 Nov 13 % ' _i ______ __ __ ______ —__ ,— ______ __ ' Low High Low High Sales for Friday Thursday the Week Feb. 1 Jan. 21 High Bonds ($) High Low Low High 99.24 ^98.20 98.28 "98.30 99.6 "9.9.12 99.20 *99.12 99.20 *99.16 "93.12 93.20 "93.26 94.2 "94.12 94.20 *94.12 94 20 *99.16 "97.10 97.18 "97.18 97.24 "97.22 97.28 *97.22 97.28 *97.14 99.24 97.22 "100.4 100.8 "100.6 100.10 "100.8 100.12 *100.6 100.10 *100.4 100.8 "100.12 100.20 "100.16 100.24 "100.20 100.28 *100.20 100.28 *100.16 100.24 "99.5 99.7 "99.8 99.10 99.10 *99.6 99.8 "98.19 98.21 "98.22 98.24 "98.24 98.26 *98.22 98.24 *98.19 98.21 "95.23 96.4 "96.4 96.10 "96.8 96.14 *96.6 96.12 ♦95.30 96.6 "92.26 93.2 "93.2 93.10 "93-3, 93.16 *93.16 93.24 *93.14 93.22 "94.28 95.4 "95.6 95.12 "95.12 95.18 *9o.l4 95.20 *95.4 95.12 "92.4 92.12 "92.14 92.22 *92.20 92.28 "91.20 91.28 "91.26 92.2 *92.4 92.12 *92.10 "91.18 91.26 "91.22 91.30 "92 92.8 "99.9 *99.8 99.11 *92.20 92.23 92.18 *92 92.8 *92.6 92.14 •91.30 92.6 "92.28 " 93 4 91.24 "91.20 91.28 "91.30 92.6 *92.4 92.12 *91.28 92.4 "91.18 91.26 "91.28 92.4 *92.2 92.10 ♦91.24 92 "91.6 91.14 "91.18 91.26 "91.24 92 *91.26 92.2 *91.18 91.26 "91 91.8 "91.8 91.16 "91.16 91.24 *91.24 92 *91.12 91.20 "91.4. 91.12 "91.10 91.18 "91.20 91.28 *91.24 92 *91.16 91.24 "98 98.8 "98.4 98.12 "98.6 98.14 *98.2 98.10 *98 98.8 "93.20 98.22 "98.23 98.25 "98.25 98.27 *98.23 98.25 *98.20 98.22 "97 97.2 "97.3 97.5 "97.6 97.8 *97.5 97.7 *97.2 "94.29 94.28 "94.26 95 95.4 *94.30 95.4 *94.20 94.23 "94.'22 94.30 "94.28 95.2 *95 95.6 *94.24 95 "95.26 96.2 "95.30 96.4 *96.2 96.8 *96 96.6 "95.26 96.2 July 15 1972 __Mar 1 1976 "87 89 "87 89 *83 90 "89 91 *89 91 "86 88 "86 b8 *87 89 "88 90 *88 90 1 1981 .May 15 1975 Oct 15 1971 -Jan 1 1969 __Jan 1 1977 Sept 15 1959 __—Oct 1 1958 "86 88 "So 88 *86 88 "86 88 *86 88 "91 93 "91 93 *91 93 "91 93 *91 93 "96 93 "96 98 *96 97.16 "96.8 97.8 *96.8 "96.16 98 "96.16 98 "96.16 97.10 *96.16 97.16 *96.16 104.20 104.20 Dec 1967-1972 Treasury 2 lis Treasury __ Low PRICES SALE Jan. 30 91.20 Treasury Treasury Treasury ______ __ 13 Jan.29 "91.12 1957-1959 23«s _June 15 1958 2 %s,-:_%___Sept 1957-1959 214s ______June 1959-1962 214s Dec 1959-1962 Treasury HIGH Wednesday Tuesday Jan. 2K "91.16 Sept 1967-1972 Treasury 2"is Treasury 2lis •' 96.30 Nov i Treasury 2%s _ i__ __ ____ Treasury 2%s Treasury 2%s ______ __ __ —- 2%s Treasury 2%s Treasury 2%s _^____ - ______ Mar 1957-1958 Dec 15 1958 1961 1962-1967 Aug 15 1963 1963-1968 June 1964-1969 Dec 1964-1969 1965-1970 ..1966-1971 June 1967-1972 ___ Treasury 2%s __ 91.12 Dec Monday BONDS NEW YORK STOCK EXCHANGE Treasury 3%s ____1978-1983 Treasury 3s 1995 Range Since Jan. 1 Year 1956 27 2%s ^ Nov 15 1960 '"94.30 95.6 *95 97.4 International Bank for Reconstruction & Development 89 Dec 84 Dec 89 Dec 13 101.16 Feb 24 101.16 Jan 101.16 Jan 9 102.16 Jan 102.16 Jan 17 100.8 103.4 3s 25-year _% 97.20 Mar 12 99.28 Jan 24 25-year 3s ■ Oct 30-year 3lis • — — 3%s 23-year ______ May 16 Feb 19-year 3%s___ 15-year 3lis — 104,4 Jan Jan 104.4 30 ______ __ 30 ______ 115-year 2lis H3lis____ __ ______ __ ______; __ __ 4lis 20-year ______ ____— "103.24 104.8 "103.24 "100.16 101 "100.16 104.4 99 "98 99 "98 104.8 2s... . — __ ; ' ; a Odd asked price. lot transactions, Cash sale, this day. Registered bond r Feb 15 1959 due Feb 15 1960 due Feb 15 2s No sales transacted e due 2s — and due Feb 15 1958 2s. __ •Bid due Feb 15 1957 2s 2s_ r-. HThis issue has not yet been admitted to Stock as transactions. 101 *100.16 New York Slock Period Exchange Sale Price 3 % Canal 3s Unification Corporate 99.24 "98.24 99.24 "98.24 *98.24 99.24 *98.24 93.24 "97.8 98.8 "97.8 93.8 *97.8 98.8 "97.8 98.8 *91.6 98.8 "93 97 "96 97 *96 97 *93 9" *96 97 95.16 "94.16 95.16 "94.16 95.16 *94.16 95.46 94.16 *93.16 94.16 *93.16 94.16 *93.16 94.16 *92.16 93.1G *92.16 93.16 *92.16 93.16 1961 Bid & As'-ed _Quar-June York 1980—_ tune-Dec ___:—, due ^Treasury 2%' ENDED FEBRUARY Interest 91*8 42 - 93 ft 334S'series No. series No. No. 24 series '—-I- 23_^ series 25 No. Foreign Government Mortgage gAGuaranteed sinking (Kingdom §A Antioquia of fund collateral (Dept) § A External A External 6s 7s AExternal sec 1945 7s ser C 1946__Jan-July sec sink fd 7s 7s 2nd 3rd Jan-.July 20-year 3I2S June-Dec 1967 1968—: Jz/nc-Dec __June-Z>cc 1962. 3%s ____Feb-Aug 1969 4l2s 1971 90 90 2 II 90 90 90 ' • II 83 1 88 88 88 50'/a *49"'b ;; w._ . 46% V'. .. June-Dec L__ June-Dec n__ 99 5« 993i 35 99? a 92)« 94 16 91 94 li 94 94 >4 5(1 9034 94«/» 97 97 98 la 2.1 9414 98! li 93 la 3 931k 9914 42 92 __ 99 100 88% No. SABavaria (Free State) (Kingdom ABerlin (City of) of) 6s §A6V2s external §ABrazil loan (U S of) Stamped AExternal to AExternal s f 3 90 3 4 9312 98 99% of 1926 6lis of Junr-Dcc pursuant (interest April-Ocf A 1979— due reduced 5% to 3.5 'k ) pursuant reduced External to dollar AGuar.anteed sinking fund 6s 114% 107 *127 77 — 117% 77 77 77 65 1. *66'/2 __ __ 69 (interest i April-Oct 1 — 77 __ 66 66 99 99 77 66 94 -. 50 % O7V2 4 88% 87 V* 2 88 In % 1978 •_ Plan to June-Dec 3.375 Yt ) bonds of (interest April-Oct A 1979 1944 (Plan . 79 V2 1 8• 80 — • —. series No, 1 3%s series No. 2 33As series No. 3 June-Dec *90' 33/4s series No. 4 June-Dec 95 3%s series No. 5 —June-Dec 33As series No. 7 June-Dec — —June-Dec T I June-Dec "98'2 __ 90 % \ ' *46 80 »4 80% 80,y2 80% 1 80 % 80% 80 * *46 ' , *78 ^ V* ' % *46 . *78 ■ *46 — __ . *78 47 Vtn 1 47% 47 % • „ *46 —June-Dec June-Dec April-Oct 46 .— *78 47% 44 Yu 47 45% 45% 45% . 47 lA> *46 — ■ — : *46 I. : 80 • — - 80 -j. ' *78 — ; *46 " *78 1962______Afay-Nov * -' * ' "46 — '• • r- ' *78 '« . *46 *8 47 ' 10 47 10 M la '■ •' ' ■ ■ 10% ■ mmM " *114 _ __ _ 56% 57% 54 4 56% — ' • ■' • __ *67 55 73% *105% 105% __ 55 102 "4 ■ 50% 50 '/4 52% 20 55 106 50!'. G 50% : *48 53 — « 48 50 — Financial Institutions 95% —— FOREIGN SECURITIES FIRM TRADING MARKETS __ ' 3%s 33As series series No. No. 8 .June-Dec 3%s series No. 10 series No. 334s series No. 12 3%s series No. 13 3%s series No. 14 334s 94 "2 June-Dec 11 — 94 June-Dec *941» June-Dec 1_June-Dec ^ June-Dec series No. 15 series No. 16 17 June-Dec 94 1 94 1 1 % 94 93 92 3 99 a FOREIGN SECURITIES 96 SPECIALISTS 94 4 50 92% 96 Broad St., New 94 York 4, N. Y. 90 93 Ti __ *93 *93 June-Dec series. No. f.ARL MARKS & P.O. INC. ■ ' __ June-Dec 3%s 33/4S 99 *97 June-Dec 9— 33As *95 '2 ■ Telephone 96 IIAnover 2-0050 Teletype NY 1-971 ' f* 1 1 *' ' "*i" Kor 'Tn lootuoifs — see page *93 — *93 95 — —— — ■ -I. *114 reduced to ——April-Oct For : 80 80 % . ' *95 *94 __ 47% 1 *78 95 95 3 95 ■■ ■ 80 82 *78 90% 94 97 4 80 ' % B)— 3%s 88% ' 50 (State)-— 99 1 __ 4G:,« 12 99 — V — '. 1 (interest A ■ *46 1962_—— Stamped assented (interest 6 7 ) extended to I960. 66 98 r- —r-. 80 1960-^ 77 1 77 69 2 69 66 97 *66 — 93 ■ ' *49% Consol Municipal 7s Czechoslovakia 68 April-Oct 1957 88 887ii Mar-Vept __Afay-Nov 1960—Mar-Sept —___Mai^Sept A Chinese ,->(Hukuang Ryt 5s 1951_____—__Janc-Dec g A Cologne iCity of) G}/as l950--._Mar-Scut A Colombia (Rep of) 6s of 1928 Oct 1961. April-Oct AGs of 1927 Jan 1961 Jan-July 3s ext sinking fund dollar bonds 1970 -..April-Oct gACoiombia Mortgage Bank 6'/2sT947_^_ April-Oct gASinking fund 7s of 1926 due 1946___ Miv-Nov gASinking fund 7s of 1927 due 1947 Feb-Aug gACosta Rica (Republic of) 7s 1951 ______May-lVou 3s ref S bonds 1953 due 1972 April-Oct Cuba 1 Republic of) 4lis external 1977____J««e-Dec Cundinamarca (Dept of) 3s 1978 _Jan-July assented 96 96% 96 1931 due 1951 funding bonds of Stamped 97 % 106(a A ■ June-Dec Plan to 3 96% 35 97 3.< due 1957—April-Oef Plan 1927 977/a 110"'« 114 la __ 165 165 _, _ 971B June-Dec 1952 | (Central Ryt Stahiped _ (interest A Stamped pursuant to Plan A reduced to 3.375 A ) 1979 §A7s June-Dec ___June-Dcc 1941_. Plan 3.375'/c) to 1964. .- 1978 > pursuant to reduced _______Feb-Aug 4s 1950___April-Oct to 3.5^ f 6</2s s Stamped 1945 loan external 8s pursuant reduced 6'/2s extl 19-38——— assented assented A7s. assented ' Belgium 30 *93% (Dept of) AChileatf 94 re * t*'. ' *93% 96 96 —— ■ 88 T« series 1957________- — 1961 A Guaranteed "sinking fund 6a 1961.. A8s assented 93'i __ *93 30-yr 3s s f $ bonds 1978.Jan-July (Dominion of) 23/4s 1974 __.Mar-.Vcpt — No. -29_: '■ __ 50 % 23____ A6''2S 50ia ' • 98 *95 97 96 95 . ■ «.'■%.'■ 49% No. A6lis • ;l: 96 *93% series seires A6s ; 3 li'S 15-year ■: II —___Jan-July 10-year 3'As 1957 15-year " ' 1957—April-Ocf 20-year 3%s ■ II 99 1957_April-Oct 1957-April-Oct ser scr 30-year 3s s f, S bonds 1978 Australia (Commonwealth of)— 15-year — ' • *98 Vz D 1945.-Jan-July ser 1st ser 7s fd sink A External 1945_..Jan-July A 7s ser B sinking fund 7s sinking fund 1948____Apnl-Oct l968___Mar-8ep 4s Norway) S A External sinking fund § A External sinking fund 1947___—Feb-A;/;/ • 97„. r ■ _______—__— Municipal 6s *96.. 1978_Jan-July SAChile (Republic) externa! s f 7s 1942.._ May-A'ou 5 A 7s assented 1942 May-Nov AExternal sinking fund 6s 1960_——.—..April-Oct AGs assented 1960 April-Oct AExternal sinking fund 6s Feb 1961 -_Feb-Aug A6s assented Feb 1961 ——Feb-Aug ARy external sinking fund 6s Jan 1961—Jan-July A6s assented Jan 1961 1 Jetw-July AExternal sinking fund 8s Sept l'J6l_j Mar-.S'ept AGs assented Sept 1961 Mar-Sept AExternal sinking fund 6s 1962 . April-Oct AOs assented 1962________ April-Oct AExternal sinking fund 6s 1963.. A/cy-Nov A6s assented 1963 ..—May-Nov Extl sink fund S bonds 3s 1993 Jund-Dec AChile Mortgage Bank 6l'2s 1051June-Dec (Columbia)— sinking fund § A Guaranteed Akershus and Bank 97 " ■ • ' - 25-year 2:l4s 1975 Val (Dept of) 30-yr 3s s f bds NY 1-1693 96 —'~ 96 96 Cauca Teletype 93 96 —June-Deo _____ 3V4S Wertheim & Co. 94% 93 *9$ 27— Caldas 94 97% 97 June-Dec —June-Dec .June-Dec No. Canada Agricultural High *95 ——_—June-Dec series 33/4s Foreign Securities Broadway, New York Low No. 9(5 *93 June-Dec. June-Dec June-Dec •— 3l4s 120 Jan. I Sold High *95 22_v—____———:—June-Dec 33»s New^York Stock Exchange Range Since Bonds Friday's *93 ______ 3l«« 2-2300 or Bid & Asked series No. 1H_—______ June-Dec 3%'s series No. 19__-.._____June-Dec 3i!/4S series No. 20i_——_June-Dec 3 As series liou June-Dec 3%s 95 Sale Price (continued)—• j*334s.^eries No. 26 REctor Week's Range Last Period NcW York Slock Exchange 3:,/4S Members Sept. 15 at par. on I B O N D S 3'l»s T ele phone 1956, entire issue called 1959, optional High Low No. 104 94 % 93.16 99.24 LOW Issue— Stock "92.16 93.16 Exchange dealings. Jan. 1 S»'d High *103 "93 16 94.16 "93.16 C"^ce Re 'Xr City "94.1G 95.16 "94.16 "92.16 Brazil New Transit Bonds Issue- Panama 12,000 101 •100.16 101 Friday Friday's or *100.16 101 97.16 99 *98 "98.24 Week's Range Last Low Territorial WEEK FOR RANGE Friday Interest 99 *98 99 97.8 104.30 "104.8 4 1 B O N D S 1961 due Feb 15 1#62 - 104.4 *98 Serial bonds oi 1950 ■ — . _______ ' : ■ __ - 31 I ' " ' . 28 ' ' ' \ (632) ' 1 The Commercial and Financial Chronicle Monday, February 4, 1957 ... NEW YORK STOCK EXCHANGE BOND RECORD WEEK RANGE FOR Friday bonds (Kingdom of) extl 4¥as Salvador (Republic of) ■— 3V28 3s extl extl f s Jan dollar bonds Jan f s bonds dollar (Federal External loan of 5¥2s dollar 3s dollar Republic dollar bonds 3s dollar bonds 1953 due loan A6s part Conv (Young 6s 1946— 87 Mexico 6514 — 67 agreement) assented (1942 80% 24 80 82 70% 3 70 & secured series Slovenes 70¥„» 87% 23 87% 2 6414 68-4 Taiwan Eiectrlc Power A5lbs 6y2s 132 ¥ *119 121 ¥ 4 132 133 118 121 16'/2 16 lb 16:i 86 15 12 15% 15' 27 14 7814 79 11 78 ¥4 79 Tokyo 60 571 58' 6a Light lat mtge $ extended 1953 5814 61 7 56% 59% 58Tb 59 *115 58% new assented 191 ¥1 100% 103 A ASmall A4s of 1904 due 98 98 *1314 1 98 48'! it (City of 16s 20 15 4714 16 *13: 49% Alabama Great Alabama Power Co 1st 16 13% ment) 1945 1922 lATreasury 06 of agreement) {ASmall (1942 1913 A6s new to Minus Geraes of) agree't) (Statei pursuant reduced to Stamped to sink & Norway loan new ! 3%s 4Vis of) 6s Oriental DevelopmentCo {A6s extl loan (30-yr) due 1953 extended loan A5y2s extl due 1952 to extended lAPernambuco (State Mar-Sepi Mar-Sept (Republic loan ANat loan lAPoland of) extl extl f s 6s 6s lABtabilization reduced stamped A8« de Janeiro pursuant Stamped (City pursuant reduced IA External to to to pursuant to A reduced Ts 1967 reduced pursuant ieduced ▲ 6%a extl Stamped reduced to secured to 1961—April-Oct 76 78 2 76 78 21% 23x , 1 26r,ii . 201 23 24-- 20 17 ¥2 21 25% *47 ¥4 49 87 «■ mtge 00 O — *69 46 May-Nor 53% *70 — 70 45% 46 75% 1 — it 59"; 70 46 June-Dec *47 *112 50 75 ¥ 49 — 96 98 va 99 % 100 88 15 91 % 50 89% 8914 90% 80 80 80% 11314 130 112% 114 84 82% 88 14 47 47 89 90% 131 84 77 y* 80% 111 ¥2 11814 28 80'4 84 867/« 8814 75 81% 8814 80% 27 75 81%' 80% 82 % 17 80% 82 81 % 82 % 14 78 % 95% 96 % 82 % 55 91% 88% 96% 88 % 89.7 « 90 37 85% 129% 133 157 128% 80 9614 90 133 11 A 99% 71 95 97 85 93% 97 92 l>2 88 92 88 94 *93 937.. *98 98% J;me-Dec 98 75% 1 Jvu-July Mar-Sept Jan-July Jan-July 98 *80% 88 75 %|. 75 5 80 78 ¥2 : 77% 78% 157 96 96 % 15 94 % 100% 100% 96 ¥2 5 100% 101 % 90 103 ¥2 10514 —: 101 104 100 100% 3 100% 101% 100 ¥u 105 100 102% %3 —'• 101 99 ¥2 101 ¥2 92'11 3 51% 98 98 92% 5 98 98 92% 92% 90 Va 9214 7 90 93 % 98 57 92% 92 14 93% 4 93 % 9314 *92% — — B series C 3s Feb 1 A 2G10 3%s Pa Z 1989 Boston C 2J/2s 11 84 88 ¥2 81% 72 77 ¥2 82 bt 38 79 84 803a 80% 55 78% 81 777 79 S 67 75 79 2 84 84 80 7 K 78 % .• a 84 *90 84 90 1013. 102% I960—April-Oct 1961_May-Nov *91% 126 .April-Oct 174 —Feb-Aug • 90 101% 126 1 92% 126 135 129 — -- 126 135 '■ • *143 103 ¥2 91% — *145 June-Dec 1959 129 Corp— series 27/8s K May -Nov 4V2s series A 91 87 *86 1976- —May-NDv 1981.—: RR 91 1970——-Jan-July 1979——.Jan-July 1980—: debs mortgage 4s series mortgage 88 80% b^% debs Maine RR— ' First mortgage 5s series AC 1967 Firat mortgage 4%s series JJ 1961 AInc 87% 81 ¥4 —Jun-Dec series & First 8-7 % OJ Jan-July 1990— 5s Loan debentures Co May ...Jan-July 2010 debentures Steel Apr-OcZ Co— series f Feb-A?tg 1995—^—^ Electric <sz s 1970 A 1980————Mar-Sept 1§60 July Mar-^ept 137T4 Niagara Elec first mtge 2%s l975_May-Nov Buffalo Rochester <fe Pittsburgh Ry— Stamped modified 4V2s 1957 71 70% 57% 57% *— r„ ' 4Vis conv sdbord debs 19£1_ Terminal Buildings 5s gtel 1960 A5a general mtge Income 1982__ 99% —-June-Dec 116% a, riZ-Oct Jan-July *63'4 *95 — May-Nov Corp— * — 2.447 89 ¥4 ■ " -- ° 58:,a 44 34 ' 87- 86 136 158 .85 88 79 68% 71% -- 97 * 4 99% 99% 126 116% 191 54 58% 90 83 ¥2 95% -■ 90 83 ¥2 90 — 85' 91% 91 ' 36 " 71%, S7 8514 85 ¥4 98 99 T a 93% 2 111% 116% 100% 100% 101 91% 87 . 78 ¥4 85 85% 115 87 5 ;' . " 143 *76 April-Oct Bristol-Myers Co 3s debentures 1968 April-diet Brooklyn Union Gas gen mtge 2%s 1976_Jan-July 1st mortgage 3s 1980 Jan-July Brown Shoe Co 3V2s debs 1971— ...Jan-July Buffalo" 7 *76'2-79 _Mar-Sept ....Jan-July 1970_May-.zv.Ji; 136 *86 — 4 " 87 — 101 91 — 93 ¥2 — — (Interest May-Nov Map-Not May-Noe *55 G034 ^ *53 60")i — — 5514 54 55" 55 A California Rlectrlc Power first 3s 1976 June-Dec California Oregon Power 3V8s 1974 —__May-Noi; Oanada Southern consol gtd 5s A 1962 Canadian National Ry gtd 4Vs>s 1957 Canadian 4% Jan-July Jan-July (interest *88 93 92 *110 __ Jan-July 31 , 95 a 80 73 ¥2 __ 7714 96 % Mar-Sept 1972 99% 88 75% 1963—-May-Nou 1980 88 ¥2 90 96 % *90 May-Nor Mar-SepZ % 135 ¥2 98% Feb-Aug 1964 86 91% 97 Quar-Jan ApizZ-Oct Busn » 100 88% 100 — May-not 90 ¥2 99 89 __ 79 "a May-Nov A ser mortgage 3s Burroughs rp CO f (The) 39 — 1 s s conv 62 37 ¥2 2 9712 57 94 June-Dec Electric 6s 1955—— f debentures 1951 Borden J —'• 59' 98% 97 la April-Oct 1962 3%s Ry 4'/2s income Industrial City Consol . u 7314 95% Fe— ser ser 4x/48 debs M -- 62 38 7 73 % 39 *89 April-Oct 1984 Consol mortgage 2%s series I Consol mortgage. 2%s Iseries J 1 59 ¥a June-Deo .mtge Gas ref — *62 *38 RR 37/8s Telephone of • *44 Feb-Aug Ohio mtge Bethlehem .. — 120 2 97% *90 1—oan-Ju^y 1995- deb C 112 V* 73% *90% l962--AprlZ-Oct 1995 ser 98 73% 97 97 V2 April-Oct mtge 4s ref {ASlfes 48 -- A 1950—* Bell 50 87 (Interest fund 1957 Plan A (interest oaee 21 47 , 11214 114 97 % Feb-Au" ser conv & lat 24% 17 "87 *64 July Line 4s convertible lat *87 2012 see cons Baltimore 20% 48 1936 footnotes cons cons AS Via Apr-Oct Paulo ®or ¥3 22% — 99 ¥2 Mar-Sept RR 414s <k lat ▲Berlin April-Oct A 17% *45 2001 pursuant to Plan reduced to 2.5%) 1999 mtge Beneficial Jan-July 97 Feb-Aug 3%s debs 1 Air 4¥ia 26% 6 85 6 ZI - Juue-Dec 1966 Line mortgage 1st 1 32 811 99 ¥2 - A^ru-yj^ 1 Santa July Charl Ooast 1st 79 28 20% Jan^July '51_Mar-Sept 4s & Baltimore 39 . 10 4 3 9814 Feb-Aug 1995 4s 94 99 v2 114 June-Dec sub 94 80 April-Oct 1976 Topeka & 4¥2b 26% 19% Inc 1 83 —Jan-July — 20 A 1952 Stamped 39 .77 ¥2: *20 % 20 5s 95 bo .——Jan-July — 4s 95 I- April-Oct 5s 1 *97 Jan-June 1977 Co 95 Co— 1990 gold 1974 1791a 94 April-Oct 1 1981 22 17% 94 1964-..May-Nov 2030 Mar-Sept 1 22 179 % 95 debs f s 3 11 • B 80 78 1 22 Foundry Co.— 67 3 June-Dec A 67 2 17 1966 9414 94% 80 2004 Plan 94% 39 1968 (State of)— stamped pursuant to Plan (Interest reduced to 2.5%) 1899 IA8s external 6s 67 13 79 1952 to 94% 67 (interest due 97% 79 sinking 2%) 94 ¥2 _June-Deo A 96 — (interest gold A 15 - Plan 2.375%) pursuant __ 97% 79 April-Oct 94 93% 18' _Feb-Aug General mtge 3%s series D 1980 Atlantic Refining 2%s debentures 1966 iy«s debentures 1979 . 97'.1 Feb-Aug to to ■ *159 Co Stamped 100 39 (interest 2.25% to lARome (City of) 6l/2s lASao Paulo (City) 8s Stamped A Plan stamped pursuant : *162 97% April-Oct Stamped pursuant to Plan reduced, to 2.25%) 2004 (Interest San Plan to 9912 June-Dec 1999 2% 2012 loan of 1926 *) a Mar-Sept Mar-Sept April-Oct to external 100 . Mar-Sept 1953 fund Stamped pursuant ▲7s 100 (interest A 3%s Investment General Gen April-Oct April-Oct 89 *179 April-Oct 1978 1967 debentures Atcmson 4 99 i] 2001 Plan to 2.5%) internal sinking 991 4 9915 , reduced 100 la 98 Va 991 Atlantic 2001 reduced to 2%) 2012 Grande do Sul (State of)— |A8a external loan of 1921 1946 Stamped 99 % 9 981 U Atlanta Rio ▲6a 12 & Associates 99% Mar-Sept 1946—April-Ocl 8s Plan ey2s pursuant to 99:!] 99'j Plan 1950 of) 2.375%) secured Biamped 7s 43 93 3 4 99% reduced to 2.25 2006 (Free State) 6y2s ('26 loan) f gold extl ('27 loan) 1952 a Armour 43 11 first Products 97-% — 2.375%) lARhlne-Maine-Danube W P 4 1940— (interest APrussla A 100' '4 100% sink to Arbor 2 1959 9214 87 % April-Ocl 1998 Anglo-Lautaro Nitrate Corp 4s J960 Anheuser-Busch Inc 3%s debs 1977 43 991 fund 7s 1947—April-Oct A41/2s assented 1968 April-Oct lAExternal sinking fund gold 8s 1950__Jan-July A4y2s assented 1963 Jan-July Porto Alegre (City of)— 8s 1961 stamped pursuant to Plan A (Interest TVis 1966 43 99% 9934 (interest 6s 1958 loan 1 *43 May -Nov series gold 43 22 June-Dec debs debentures 9:) 12 Mar-Sept Mar-Sept 87% 1 .. 1964 American Tobacco Co debentures 3s 3s debentures 1969 9.)1¥2 seriesl960 2nd (Republic of) 114' Ann ——May-Nov 7s 1st 4s 3Vbs 1984 debs debentures 99' % 1947 external f s A4y2s assented lARlo 43 Feb-Aug _• pursuant to Plan A reduced to 2.125%) 2008 ANat conv .April-Oct 1968 7s on faebecftures 37/8s 17' Gen Stamped ▲Peru 171', 1970—June-Dec 1958 to & conv 37/8s 21 21 Feb-Aug 1963 (30-year) 1953 gtd Telephone & Telegraph debentures 1980 4,/2s — 43 8.) *791 Ltd 3Tbs 1970—May-Nov debentures 1966 Jw'ne-Dec 3s Machine subord 3V4s April-Out April-Oct Ltd— 1953 Airlines JV4a *19% May-Noc 1*>65 5s (City 1st Dye 3¥28 debs America 2'/»s debentures 1987 3%a debentures 1973 2T48 debentures 1971 • Mar-Sept 1957 sinking fund external loan 1963— 3y2s sinking fund external 1957— Municipal Bank extl sink fund 6s 17' 18' < 1965. 4s {ANuremberg 18': • *17: — extl 17 (interest 2008 (Kingdom of) External sinking fund old of 2%s debentures 19 75 debentures 1986 2%s debentures 1982_. 114% 6V2s 1959 Plan A (interest to Co American 1958—Mar-Sept 2008 to 2.125%) (Kingdom of) Netherlands * April-Oct A 99% 92% *913 Jan-July Apr-Oct & Foreign Power deb 5s Jurilor debentures 1987- 4.80s 2%s 1963_Jan-Ju/m fund pursuant reduced BVis 1314 *19% Plan 2.125%) ASecured extl f 13' 13% — Stamped 182 >/a 97% Jan-July Mar-Sept 1975 f a 4V4s 1922 1952 182% 5 INDUSTRIAL COMPANIES May-Noc *90 1972 1981 Western Chemical American . 1942 6Vis ASecured extl sinking fund 6¥2s s 18% Jan-July assented 96% AND 1967 3lbs American 18% 18% *13 lb 1963_Jan-July 1933 (City 314s mtge 2%a agree't) ASmall 4y»s 18 *Tii agree¬ (assented 1st American Bosch Corp 18% *1814 1968_J&n-July — lAMilan 18% i! assented ASmall * *18 % Jan-July new 9414 99% 89 June-Dec debentures 1979 Aluminum Co of Canada —_ {ASmall A4s 3s 1903_Jan-JuZy agree't) to 92 % *y0 —June-Dec RAILROAD Southern subord debs conv Allegheny & June-Dec (1942 96 % 94 91 91; 4lbs conv subord debs 1970—_Mar-Sept AJieahany Corp debs 5s ser A 1962 May-Nov Allegheny Ludlum Steel Corp— 13% *1814 assented 1961 Inc Aluminum — assented '26 1971 mortgage 3 lbs 1984 <fe Susquehanna RR 4lbs Allied - 1910 £4 % 98% 100 14 V4 48% (assented to 1922 agree't) 1954 new of of due 1961 extended to - Juno-Dec — A4s IA4s 13 *176 lb 99% Feb-Aug ...Feb-Aug — Yokohama 6s 1945-Quar-Jan agree't) 20% 9614 To *85 May-Nov 191 la — American (1942 19 ¥2 18% *85 May-Nov 1973_June-Dec conversion 1 *17011! —— {ASmall 100 ¥a 19% 14 *.98 June-Dec 14 117 Quar-Jan ALarge 10 J "H 2J *92 lb June-Dec —_— 102% 102; — ——.. A5s ' *163 Valle Del Cauca See Cauca Valley (Dept of) (City) external 7s 1958 A*Vhs assented 1958 117 ... — — 15 — 95 4s-4V4s-4V2s external readjustments 1978-Feb-Aug 3V28 external readjustment 1984 61 _ agreem't) 12Ta 96% 93% April-Oct 1S53 1963 SysS^Vis^fts external 14 ,, (1922 15 2 *164 (dollar bond of 1937)-— External readjustment 1979— conversion 1979_ 4s {ALarge 95% 13% 24 % —_Jan-Jtily Jan-July 1911b 1911 102 34 May-'Sfov May-Nov Anril-OeX 1968_Jan-July .——,, 88 3 13' 20 (Republic) external 8s 1946—_Feb-Aug AExternal sinking fund 6s I960—. May-Nov AExternal sinking fund 6s 1964 May-Hoy 26 1 14 Ltd— series to 88 *100 %' 20 June-Dee 1965 1961— Co 87 3%s-4s-4y8s 5!) Jan-July 13 s June-Die 1981 to <i>fS 2 *175 Ltd— extended Lou. 88 1953——June-Dec External Feb-Aug Feb-Aug 13' lAUruguay 1001« 102 581 83 Ltd— 1971 f s 1971 Electric {A6a 5 8 lb (40-yr) due (City of)— A5V2s extl loan of '27 ; 60 83 ey2s due 1961 extended to 1971 —_April-Oc< |A5s sterling loan of '12 1952— __Mar-S.ept {AWith March 1 1952 coupon on— 16 * 83 —May-Nov AWarsaw due 1945 assented Co Co Jan. 1 No. — 1962 Tokyo 17 ¥4 15Va 88 ————Ma|/-Nov (Prov of) external 7s 4y2s assented 1958-..^ South Africa (Union of) 414s Aldens {ASmall IA 5s 'Kingdom) external A 86-4 64 % 83 April-Oct 1962_ secured Range Since bold (interest 2012 external B Jan-July Jan-July lu68 Plan A to 2%) to 2004, loan Albany agreem't) ASmall 1968 (Republic of)— 2.25%) Bonds High (interest {A 6 y2s 1st mtge s f 1952—— June-Dec 6y2s due 1952 extended to 1962————June-Dec 1943—May-Noo 1943 to Friday's Mar-Sept Plan A Bhinyetsu Electric Power — small fALarge Croats A7s 93 87% June-Doc Irrigation— 1899 2 90 3 4 64 % Jan-July Jan-July (Kingdom of) 7s 1951 (Imperial Govt) — |A5s of 67' 132 Jan-July A6¥2s extl loan of '24 1954 6v2s due 1954 extended to 1964_ A5¥2s extl loan of '30 1965 5V2s due 1965 extended to 1975_2 A Jugoslavia (State Mtge Banki 7s 1957 AMedellin (Colombia) 6¥2s 1954 30-year 3s s f $ bonds 1978— ANew 13 or Bid & Asked Low 19o6 to external dollar reduced _Mar-Sept 1952—— (1922 To April-Oct —_ 7s loan water reduced 4 __Jan-July 1977- assented 70 80 Apr-Ocl .„ §A7s series B 1947— Italian Public Utility Institute-— 30-yr gtd ext s f 3s 1977—! §A4,/2s 70 . bale Price continued— Stumped pursuant 75 la 70 Nlay-Nov .Feb-Aug —April-Oct _. of) 801- Italian Credit —Jan-July Consortium for Public Works 30-year gtd ext s f 3s §A41/2s 72 la (State of) external A6s -65 June-Deo & Mexican 100'4 A8s April-Oct loan;— funding 4¥2s 1966, Heidelberg (City of) ext 7¥2s 1950 Helsingfors (City) external 6¥2s 1960 I Italian (Republic) ext s f 3s 1977— lAItaly 2 Week's Range Last Period ASllesla :i Japanese 73 in 96 Tb Apr-Ocl — 1968 (State {AExternal San Paulo 80 loan)— 1949- International paid % 99 Friday Interest rttak Stamped pursuant June-Deo 5 »/2s loan 1930 due 1965 Greek Government— A7s part paid 1964 lAHamburg Lov 5 — June-Dec 1924 .Dawes bonds Govt No. *17 "* b 1963-—Jan-July 1972 German 73 Vh Apr 11-Oot 1980 (extl Jan. 1 *70 April-Oct of 1936 fund issue - New York Stock Exchange Serbs 1969 5s gold lliah 100',+ of)— 1972 I BONDS Range Since bold 7s J Jan-July Conversion 1953 issue— 4s dollar bonds 1972—~— International loan of 1930— §A7s Low May-Hot Prussian German Bonds 1924 bonds bonds & conv Friday's 100 1976 10-year bonds 3s or Bid & Asked 1976—Jan July AEstonia (Republic off) 7s 1967 IA Frank fort on Main 6V2S 19oJ 47/8s sinking fund 1973 German ■al» frlM 1962—ApnZ-Oct 1 1 Last Period Denmark El ENDED FEBRUARY Week's Range Latere*! New York Stock Exchange 85 90 86 83 debenture (perpetual) Cllnchfield & Ohio 4s 1965 Carthage & Adirondack Rv 4s 1981 Case (J I) Co 3lis debs 1978 Oelanese Corp 3s debentures 1965 debentures 1976 86 101: 101% 102% 32 100% 102% Jan-July 104: 104 104 h 3J 103 % 104 h Jan-July Mar-Sept 101 101% 24 100 ¥4 ^June-Dec *63 Pacific Ry— consol Carolina 8Vas *82 Avril-Oct <0 April-Ocf April-Oct 85 '4 84 *80 98 100 70% 65 65 79 Feb-Aug — 102 9 ' 70 79 4 82 8514 81% 80 80 801 Number 5609 Volume 185 ... The Commercial and Financial Chronicle NEW (633) FOR WEEK RANGE Interest ■tew York Stock Last Period BONDS Bale Price Exchange or Friday's of Low' mortgage AGen *80% mortgage AGen mortgage Central Pacific Hi ah T.o>. NO. "Dayton Union Ry b .p/| " 5^1" Deere Delaware Lackawanna 56 56-' 73 55 »/a 57 88% 86; 10 85 Vi 89 95 91% General and impt M 3Vis General 1st Afar-3ept 3s mtge 1990 income 101 14 85 ? & North Western Ry— mortgage conv inc 4Vis Jan 85% 97% 09% 53 V- 109 83% 95 ■: : 4.) v; 72 90 Va 90 V2 5 89 91 *84% 83 Va 84 72 73 : 64Vi First Illuminating mortgage 3s 1982 mortgage 2%s 1985 mortgage 3%s 1986 First mortgage First 61 Va Line first gtd Cleveland Short Columbia Gas System 84 76 80% V 61 65% 81 I 63 65% 641-4 61% : .74 *70% 66 Vi 70% 6b 1979 3%s debentures ser E 1980—— 3%s debentures series F 1981— 4%s debs series G 1981 3Vis debs series D Dow conv 95% 96 94% 94 Vi 53 Va 99 98 99 51 98 99 86 Va 86 Vb •'••3 83% 86r% : Consolidated Natural ——r eo-Aug June-Dec April-Oct —April-Oct April-Oct 94% 87 Vi 87 Va 96% 97 97 100% 100% 101% 101 95 Va 86 Vb 3Vis debentures debentures A3s U S Consumers 3Vis subord lo6% , 102 Oil Crane Co 3Vis f debs s 1984 debs Crucible Steel Co of Am 1977 1st mtge 3 mortgage 4s (1942 series) mortgage AImp A 1st & 4s equip lien & A1st. ilpn K- 4s ref tpf 4s 4^ June 30 84'/4 86 Va v 1U0% 108 79% 19 lU'd 81 81 6s Publishing 1975 1965 76 1 ser A subord inc 86% '/a 91% 94 Va 86 Va 85% 86 V2 84 84 94 85% *84% 1970 1970— " *92 97 93! 93 %_ 82 Va 82% 100% 100% 100% 101 — mtge 2%s First mortgage For 3 lis 1982 3s footnorps 1984 see page 31. 80 94 94 "I 152 156 15 113% 1183A Ifar-Sept ■ : gold June-Dec June-Dec May-Hoy 1898 4s 1961 Jan-July Feb-Aup . 117 118% 84 £4 Cv93./V 5 91% y3 78 78 84% *75 w — 1 93 ''I. 84 ' ' ■ ■' *78 ' 101 101 101 130 'A 2 99% 13 93 % 102 86% . 93 Va 94 128 Va 130'A 193 jlL'S'/a 86% 36% 1 94% 85% 146 86% 92% *83 86 Mar-Sept Jan-July 1984 3%s 118 '/a • April-Oct Feb-Aup .—Mar.-Sept 1980 3%s *155 • . May-No® 1977 83 ^1 *188 —. May-Hoy - 1979 2%s mortgage Stainless 4%s Apr-Oct 1986 Steel subord conv 111 (N Corp— 1971 debs El Paso 5s stamped 1965_ Supply Energy 5'As first debt *88 April-Oct April-Oct - Schwaben, 121 Va 124 104 121 Va 140 130 130 100 *125% 130 Mar-Sept 1965 8s 122% 1995_Jan-juIy 5s 3'As 1970 Southwestern & June-Dec first cons gold Y) Elgin Joliet & Eastern Ry 100 100', *100% __ *100% __ Inc— adjustment 1973 Jan-July Railroad Co— inc 4%s ser A Jan Mtge 71% April 2018 3V4S series E 1B64_April-Oct 3%s series F 199d Jan-July First consol mtge 3%s series G 2000 Jan-July A 5s income debs Jan 1, 2020 Apr-Oct consol 72% 72% 75% 75% 73 69 74 116 31 121 92 75% mtge 68 73 *87 First consol mortgage Fansteel 4%s 75'% *73 73 % 71'A *88 -87 V4 74 897/b 2%s 88 90 r- 90 89 97 •93% 104 Va 130 129 130% 136«' 104% 133 % ' 90% 90% 2 4s 96% 93% 5 84'A 86 92% 10 91 % 99 991/2 15 '.93 Vb 99'/a 121 123% 13 119% 124% 95% 957/a 86 92% June-Dec ■ 1974—Mar-Sept 4%s 1980 Jan-July Ry Co 4%a 1982 May-Hoi % tf 95% *100 " . "■ -L , " . 92% , General Electric Genera) Electric 106 107% |A6%s „ 104 88 91 General Foods 87 li 91 87 '/e General Motors *87 VI 84 831b 84% 93 84 84 83 83 " 3%s 3s __ ? ] 1970 119 116% II914 800 May-No® 93 98 Va 78 Jan-July June-Dec May-No® 1945 1940 1948 3%s Corp 66 112% 118% 109 112'A !A 97% 111 !A 119% '96 98% :"" ' ' — — *94'A Jan-July debs 1976 Corp— 92 Va 93 231 99% 101 Acceptance .Jan-July April-Oct Mar-Sept Jan-July Jan-July 1958,. I960 debentures 1961 debentures 2%s 102 (Germany)— debentures debentures 4s 112% Apr-Oct 1978 debs 3%s Co debentures 59 IA 6s 89 debentures Co debentures 64 107 »/4 . 112% 114'A m May-No* 1981 Corp— Dynamics convertible General 114 112% Apr-Oct 1976 debentures subord conv debs Transportation— American f A7s __ 11 86 Co— subord ccnv General 3 %s 91 89 ' 103 Va ^ .,— 18 9814 98 86 May-Not - first 4%s 195» Worth & Denver 4'As 125% 50 - 1977 Dairies Inc 117% 98% Jan-July refunding 5s series A Gardner-Denver 90 90 95% 102 104 106 and 117 ■ May-Nov 1961 debs 1972 East Coast A First —Apr-Oct 1976— Rubber 3s debentures tFlorida Corp— debs subord Tire & 91 88 104% v *86 88 91 88 *94 Va .. 91 91 " I~\ mortgage 3y4« 1971—Mar-Sept Metallurgical conv Firestone — 1964 debentures 101 100% 101 96% " 46 9514 99 '■> 97% 100 100 119 98 Va 100 V4 94 26 ro 14 94 1)3 93V4 97% 97% 92 92% 7 90 Va 92 ys debentures 1972 Mar-Sept 9414 9314 94 "2 80 90% 94% 3%s debentures 1975 Mar-Sept Jan-July 95% 94 % 95 Va 37 90'/a 95% 94% 94 14 95 107 90% 95 92 14 92'A 101% 105'A 3s 82% *82%"; __ 82 % 80 84 V: 85 *91 *90% 32 Va « 94'/a General 90% 102% 1031/4 49 Goodrich 96% Grace 102 103% 176% 178'A 3%s % April-Oct Mar-Sept Jan-July June-Dee Jan-July June-Dec 85 85 85 '/a General mortgage 91% 91% 88% 91% General mortgage 94 94 8 9 Va 94 General mortgage "87 90 88 «/4 891/4 General mortgage 21 Va 86.4 86% 19% 268 86 22% 23% 10 85 Vb 26'A v 87% -91 90 *97Va 95 -"*90 '"98 Va 89 92 86% 91 Va 89 Vb 89 Va a89Va 91 Va 91 Vi *92 *89% 36% 36% 92 35% 36% 28 li 13 26% 36 36 16 :-3 *35 la 36% 28'% 3 certificates B 96 97% 10 1978—April-Oct Jan-July June-Dec Feb-Aug .___Mttr-Sept 83 li 85 Va M debentures : 86 li - 106% 102 105 77% 2%s 2%s 104% 15 77% 4 Hackensack lAHarpen *74% 97% Hertz 85% Water li 93 »i 95 85 'i 85'A first mtge 4s conv Valley Ry Corp Finance 3%s debentures debentures Feb April April Bf)4' 12. ,y(\ 19% 94% 94% 7.2 la 63 Va 72% sinking fund debentures 1978 & Manhattan first 5s A 5s Feb 11 *90 84 '89 *90 *88 95 1957 Mar-Sept Jan-July Jan-Julf Jan-July Jan-July Mar-Sepl Mar-Sept June-Dec 1957 Feb-Aug April-Oct 92% 17% 18 — 2%i 1976 1958 1968 income 92 97% 91% 18 May-Nov 1949 subord deb» 1970 first 4%s 1999 Corp 2%« 1970 75% 74% *76 June-Dee IHudson Adjusted 74'A 79 78 Va 75 % *65% *92 June-Dee Mining Corp 6s 77% *75 % Aprll-Oct Jan-July June-Dee June-Dec 1979 First mortgage 1980 1st mortgage 3%s 1981— 1st mortgage 3'As 1982— 1st mortgage 33As 1983— 4s 95 la July 2015 series B Jan 2044 3s 1978 1969 mortgage 4'As *90 »i 104 % 102 3%s mortgage First 3s 95% 112'A 1 inc 5s series A mtge ref & 93% 102% 140 series G 1980 May-No® Gulf States Utilities 2%s 1st mtge 1975—May-No?" 1st 4 287 H 34% 95 — Ohio RR— General mtge inc 4s Hocking 85 & 34 33% 37 97% General series P series Q series R debentures West & > 34 37 *35 Mobile First 28 V8 36 Gulf % 95 '106% ——-—Jan-July Jan-July 1990 Jan-July 2000 Jan-July 1982 Jan-July 2010 Jan-July 1961 Jan-July ctfs A Feb 1976 series H series O 3'As 3'As 2%s 25As 2'/4S General mortgage Bay 295 105 Va 951 Mar-Sept 1969 D series 4%s General June-Deo Apr-Oct debs 85 A Green 1021 Ry Northern 85 > 103'/4 lB65__May-No® Company— Co— General 5s series C 1973 -85 __ mtge 2%a first Co subord conv 103% 10514 Aprll-Oct & Co 3%s conv sub deb '75-May-No® Union Grand Great 88 F) (B (W R) 94 105 Aprll-Oct 1981 §A7s 92 % O Mar-Sept 1980 Hope Steel & Iron Works— s f mortgage 1945 92% 95'/4 12 debs *92% Rubber Co— debentures subord 4%s Good 94 Va 91% 93% 3.30s Corp Telephone Corp 4s ccnv debs 1971_May-No® 94 V2 96% 86 Shoe 3'As Corp General: Tire & 92% *93 li 102% Motors General 87% 91 90'/b 87 89 86 12 89 96 debs 1979 General Realty & Utilities Corp— A4s conv income debentures 1969—-Mar-Sept General 87% 85% 87 *92 la 87% 94 85 >- *93% __ 80% 92% *37% iJ7 82% 80% 10 1969 debentures Household mortgage 3s 1978 First mortgage 3s series A 1978 First mortgage 79 1 1982 2%s Co mortgage Fort 1 First 2 314s 1982 mortgage 3%s 1983 Foremost D Dayton Power & Lt first 80 94 May-Noo 1980— lien 91 *89 June-Dec 1970 B 1970 1986 80 94 Mar-Sept Feb-Aug- debts 3'A. debentures *83% . Co— debs 93 80'/a 77 67 "'86 li" 89 93% 80 % 75'/4 64 Va 77 67 *82 li -Mar-Sept April-Oct May-Nov May-Nov Via 1966 May-Nov 1910 «er 87% 91% 2 N 1984 Ohio Division first ■ Curtis 8G7A 1 83% June-Dec 2.35s -debentures Light. General RR— A 1st 2 93 83 4%s 1881 & Ironton RR 2%s ser B 1876_Mar-8ept mortgage Erie 101 '/a Northern Rys.— A 1st 86% 93 1969 first A Debenture 1976 debs 3%s 3s 96 93 Va 99 li 86 % 67 76 payment 3s debentures debs 1980— conv Can Continental to mtge 27/bS first Baking Continental as 2001 dollars) 99% 98 126 Cuba— of (stpd debs Power Continental 100 % Feb-Aup 1978 Railroads inc cum in 86% (conv from Oct 1 1958)_Mar-Sep# ser subordinated First April-Oct May-Nov June-Dec 1979 Consolidated 90 31/28 1976 3 Vis debentures 95 U V 97 'A 30 96 101 Va 87 '/a 86'/2 10 76 100Vi 94% 94 1 v-" 4 1968 2%s 89 88 Jan-Jvlj 1958 3%s series O Chemical Edison El 94% . & Power (Bait) — 1976 Jan-July 1981———— April-Oct ser X 1986 ——Jan-July Gas 87 95% June-Dec gold 4s 1995 Eastern . mtge Consolidated Gas El Lt 1st ref M 2%s ser T 1st ref M 27/8s ser U 1st ref mtge s f 2%s 87 *85% *101 2%s ser A 1982_Mar-Bept First and refund mtge 25/bs ser B 1977_Apnl-Oct First and refund mtge 2%s ser C 1972_June-Dec First and refunding 3s series D 1972 Maj'-Nop First and refund mtge 3s series E 1979—Jan-Juiy First and refund mtge 3s series F 1981 .Feb-Aup 1st & ref M 3%s ser G 1981 May-Nov 1st & ref M 33As scr H 1982 Mar-Sept 1st & ref M 3 Vie series I 1983— -Feb-Aug 1st & ref M 33As ser J 1984 Jan-July 1st & ref 33As series K 1985 June-Dec 1st & ref M 3%s series L 1986———-MayrNov 1st & ref M 4%s ear M 1986-————Apr-Oct 3b convertible debentures 1963 June-Dec refund 87 87 5-t li Anglo-Lautaro Nitrate Consolidated Edison uf New York— and 2%s Mack & 1st 94 VB 81 Commonwealth First II 1882—May-Sepl series I debentures 1M, <j4% mortgage Edison Co— • First mortgage 3s series L 1977 First mortgage 3s series N 1978 3s sinking fund debentures 1999 2%s s f debentures 1999 2%s s f debentures 2001—. Oompanla Salitrera—See ' *83 ..April 1970 H 2%s 1st 66 Va 96 South & '• —. "I. (4%* 1st mortgage 67% i l;i — *88'% Ji»-JPly 1993 2018 series 1st mortgage 2%s v debs 1964__,, Ohio Elec 3%s 1970—May-Sept 3%s.1983—— 1 May-Noo 1st mortgage 3'%.s 1986 —— Apr-Oct Combustion Engineering Inc— 3%s conv subord debs 1981— —June-Dec 3Vis subord Columbus Cuba ref & Detroit Tol 95 —June-Dec Feb-Aup -April-Oct Jan-July —Mar-Sept -April-Oct Apr-Oct May-Nov 1975 3s debentures series B 1975— 3%s deoentures series C 1977A 3s debs ref 70 66 % 66 Va 1 fixed (3% mtge 2%s ser J 1988 3%s ser K 1976 conv Duquesne 67 , — Junc-D«d Detroit Terminal & Tunnel Inc— series debentures Cuba ref 1st 66 Vb __ ref & Second 60 % — 72 RR— Western and refund & Detroit 61% 69 __ 72 Lake— convertible 3s 96 *92,'/a 1985 interest) interest) Edison Gen 857/b __ 1888 1988 1984 series A 3%s deben 1971 57 Va 187 A ser 3%s tr Grande Salt & Gen & 53 llid 58 5s mortgage (3% fixed contingent interest) 1083 3V4S 70% 60% 56% 1961—Aprii-Oct 4 Vis Rio Gen 64 84 ai*/* 1970—Jan-July June-Dec ———Mar-Sepf June-Dec May-Nov 1989 3s coll & Gen 63 83 84 tr tr 4%s ser B contingent General Ss 61'/a '64 June-Dec 3s coll & Income 77% 57 Vi Refunding and impt 4 Vis series E 1977—Jan-July Cincinnati Wab & Mich Div 1st 4s 1991—Jan-July 8t Louis Division first coll trust 4s 1990_May-Nop Electric & lVe 77% June-Dec : May 1 2043 & coll tr 3VaS mtge Detroit 3 *80 Vi __ 1961—;—June-Dec 1993_ General 5s series B 1993—. First 4-6s mtge Denver 83% 83 83 Ry— 1994_Jan-July Jan-July • Louis Ry— 1993 Income mortgage series A 109 79 Vi b4 Jan-July General gold 4s Cleveland trust mtge & coll lVe •70 67 Vi 105 : " City Investing Co 4s debentures Cleveland Cincinnati Chic & St • Jfoy-Noy 81% 13 *63 3%s series E gtd mortgage ■ . 92 series O 5s M due division First mortgage 101 Vi 77% ,•77% 1969—Feb-Aug First mortgage 2%s series G 1974 Feb-Aup O I T Financial Corp 2%s 1959 April-Oct 4s debentures 1960 Jan-July 3%s debentures 1970_ Mar-Sept 4 Vis debentures 1971 Apr-OcZ Cities Service Co 3s s f debs 1977 ___Jan-July City Ice & Fuel 2%s debentures 1906 Jnne-Dec 3s 85% 83'/a 83 Cincinnati Union TerminalFirst - 89 Denver 101% 81 70 ;69Va April April 1963 Jan-July 19G3 Jan-July Chicago & Western Indiana RR Co— 1st coll trust mtge 4%s ser A 1982 May-Nov Cincinnati Gas & Elec 1st mtge 2%s 1975_Apnl-Oct First mortgage 27/Bs 1978—:—_ Jan-July First ■ 68% Essex & 1st mtge 85% 86 109 Station— mortgage 3 Vss series F mortgage 27/8S series G First 1st '/a 83% 1 98 Va 96 Afar-Sept 1994 2%s-4%s I 98% 6 Union Chicago 3s 99 98 99% 53 9C *82 Jan-July Chicago Ter-re Haute & Southeastern First and refunding mtge 2%s-4%s 91 % 90 '/a 96 2 contingent ' : ' 1 1999—April 3s series, B 1989— Chicago Rock Island & Pacific RR— 1st mtge 27/8s ser A 1980— 4 Vis income debs 1995—— Div Western 91 90 19 70 Va 1st 85% *84% .May-Nov Jan-July April ~ mortgage Income 98 100% 101% 8 May-Nov 2054 Jan debs 96 Va 95 10 99 Va 106 Chicago Milwaukee St. Paul & Pacific RR— . First mortgage 4s series A 1994—: Jan-July General mortgage 4Vis inc ser A Jan 2019—April 4Vis conv increased series B Jan 1 2044 April 5s inc debs ser A Jan 1 2055 Mar-Sspt First 98 — April May-Nov Chicago Indianapolis & Louisville Ry— A 1st mortgage 4s inc series A Jan 1983 A2nd mortgage 4Vis inc ser A Jan 2003 Second 99 Va 98 _Feb-Aug . Chicago & Erie 1st gold 5s 1982_ Chicago Great Western 4s ser A 1988 AGeneral inc mtge 4 Vis Jan 1 2038— Chicago 90 V mortgage 3 Vis 1985—Feb-Aug RR— AGeneral mortgage inc conv 5s 1997 First mortgage 3%s series B 1985 5s 91 86 li 111 Eastern & 109 85 Vi refunding mortgage 2%s 1970—Feb-Aup ref & Chicago 1071A *91% *91 Vi series E 1958 4s 5 98 90% Collateral & Quincy RR— First and refunding First and 91 Va 97 Va 90 1st '108% ~~ 1996—Feb-Aup Refund and impt M 3%s series H 1973—June-Dec R & A div first consol gold 4s 1989____.Jan-July Second consolidated gold 4s 1989 —Jan-July Chicago Burlington 91 Va *90 Pennsylvania Division— impt M 3Vis series D 1996—May-No© and 1 . . Mar-Sept Refund Refund Jan Ho. 70 Va 1st & Ohio Ry— 4Vis ,1992 Chesapeake Range Sine* Mid 1973—Jf«f-NoT May refund moptgage 91% 93 & Bands High Jfay-Noy May-Not Delaware Power & Light 3s 1973 Aprll-Ocl First mortgage and coll trust 3%s 1977_June-Deo First mortgage and coll trust 2%s 1979_Jan-Jaly 1st mtge & coll trust 2%s 1980 Mar-Sep< 95 *91% and Morris *95 • Friday's Co— RR Western & Lackawanna York First 1983 extended 4s 911A Apiil-Oot Jan-July May-Noe 1977 Hudson Alncome series B 1968 Feb-Aug Champion Paper & Fibre deb 3s 1965—..—Jan-JuZu 3%s debentures 1981 Jan-July 35As debentures New 94 mortgage or Bid A Asked Juue-Deo 196S debentures & 3 Vis 94 First 2%s Delaware *33 1974 Co 75 Feb-Aup 3Vis series A & 84 Ry Co— and refund First ■alt PrlM 3Vis series B 196B 74 17 74% Last Period Low 83 Va 83 Va 74 Va Week's JKsay* InterMt Jan. 1 *92% 74% Friday 1 New York Stock Exehang* Range Since Bold Bid & Asked Georgia Ry— 4s series A 1995 Jan-July 4Vis series A Jan 1 2020 May 4 Vis series B Jan 1 2020 May Central RR Co of N J 3%s 1987Jan-July Central New York Power 3s 1974— April-Oct First ENDED FEBRU ARY BONDS Bonds ' Central BOND RECORD EXCHANGE YORK STOCK Week's Range Friday 119 119 109 % 109 "a 85 87 99 "4 87 99 % 17 7 . 90 80 116 120 109 % 110 0» 83 11 99'A 101 *100 87 100 101 97 51 22 97 95% 97% 50 51 Va 201 45 51% 33 156 20% 24 211V :» NEW " EXCHANGE STOCK YORK , yaU KANCKTOR WEEK Friday Last Period Sale Prlee New York Stock Exchange or Friday's Bonds Low High Illinois Bell Telephone Illinois Central mortgage Consol mortgage Consol mortgage Consol 3 %s ser A 1979 May-Wow 334s ser B 1979———May-Woo 334s series C 1974—..May-Nov f s 1980 G ser debentures |A«lseder '"'V'"' 8teel 90 1980 Corp *87 mortgage 1st mtge 3 74s 3.20s series International Minerals A Chemical f s debentures Interstate Power Co est mortgage 3s eerie* 1st 93 New 25 9774 -- 95%. mtge 334s Terminal Central 91 74 99 74 89 74 * ' — » Jersey Joy Central Power Manufacturing Kanawha <fe Mich Kansas 1st City 1st Kansas City A 2%s debs 1959—June-Dec 1975 99 *8234 — June-Dec *84 ♦96 Jun,e-Dec *86 74 Southern 82 95 34 ■ — 1st mtge 88 1963....Jon-July la87 4s Mar-Sepi May-Not 1977 *98 Co— J 69 64 74 7434 311 08% 74'/a 80% 197 76 74 8034 9974 10034 123 997 b 100% 1998— 4s series A A 100 34 '.. .. i _ 84 2 84 3'/2s mortgage 98 69 1997, 6834 6534 50 98 3 RR A mtge sink fund 98 A ser Lehigh Lehigh Coal 1st A ref 5s .stamped Aprji-Ocf 1st & ref 5s stamued 94 Mar-Sept % AGeneral 89 74 9574 3% June-Dec 1997-_Jn?/e-Dec *72 ~~ 77 68' ___June-Dec 1974 70% (i 85 34 7274 68 3a : 68 34 11 * 1970—.April-Ocf 68 74 'A."-' ■ ' ■ — Feb-Aug Feb-Aug A 4s 4%s fixed interest 2003 fixed E 82 5 75 82 71 7174 7 67 72 87 87 3 86 87 83% 83% 2 8374 83 % 67 69 .Jan-July *68% 69% —__May-Nov *72 34 74 interest 2003 4s contingent interest 2003 4'6s contingent interest 2003 63% May *70% 8934 general Aircraft 4s series 1962 3.75s subord 4.50s debentures debentures D mtge 3%s Elec 1st mtge 3'as 3'/bs ■ 94 5 90 _j : 94 ^;w v". '..V 94 80% 1979_May-IVoi; Iu84 (R Hi Maine & Co Central 5 34s 2 93 80% 34 • ;■ 90 -- Manila RR (Southern Dept 334s s 3%s s Lines) Stores 234s debentures f f 4s 1959 debentures Merritt-cnapnian , 4%s conv A 1980 . Scott 97 '4 *99 1975_____ 97 74 ...Jan-July Edison lirst mtge 234s 1974__May-Nou mortgage 2%s 1980... Feb-Aug Michigan Bell Telephone Co 334s 1988—April-Ocf 434s debentures 1991 mortgage First 3%s 1969 3%s 1969 sinking fund debentures 85 334s f s 3.10s debentures f s Mlnneapolls-MoUne 6s subord Minnesota Minn St f s Paul debs Saulte (quar) F 234s Ste 1967 Prior lien Prior AC urn Missouri 5s 4s lien A B RR 1971 '■ A ii 87% *87 87 1st 91 92 212 A Jan conv subord Edison Hrst mortgage mortgage mortgage 2%s mtge 334s Pacific Gas 85 74 & First 91 & First A First & *90 • —V. -- ■ 100% 100% 94 21 94 5 •1' ■■ 99 74 /r'K ; ■ 100% 92 81% 1st 94 8474 ref & 81% 14 & 1st 8174 1st fc ref 1st & ref Pacific May 82 *6174 64 78 78 34 89 % 90 74 refunding Tel M 33 234s 75% 75 74 68 71 31 63 % 71 debentures Pacific Western Oil 80 74, 69 68 General 68% 434s 66'6 69% 65% 66 74 213 General 5s 63 623 8 66% 61% 6274 291 General GO' 434s >4 96% 45 General 7034 First mortgage National 434s 3Vis Cash conv National 3s Chattanooga 3s A series Register sub debs 96 34 96 69% 63 59% 4 34 67 *90% 100 "98 95 74 9034 62 34 B 1986 234s 59 90 1976 sinking series series fund Feb-Aug 34, 6374 11 34 94 92 95% 4 84% ; r-— ■ — 55% ; " " - 92 . 86 / 103% 9 8534 25 103 84 34 100 — 105 84 *89 87 400 :/% 57 //; —. 80 75 85 85 >75 86 103 74 — 105 — 89 34 117 '4 88' 89% *93 91 94 91 % 11 83 34 85% r> 96% 97 % 89 87 ./v_: ' , . 8574 97 74 63 100 100 83% 85 96 100 1 4,'T 97 74 100 74 100 90 93 92 74 92% 9234 93 92 74 92% 9 9074 90 34 1 86% 90% 88% 88% JO 89% 89% 5 *81% 84 34 86 8634 893a ... 85 , 14 ..." 74 $ '■ *85 86 34 6 80% 86% 86 15 81 83 85% 85% 86% 14 6 ■ 85 85% 90 90% 89 % 79% 81 83 83 10 84% 85% 92 2 91% 92 86% 3 85 86% *92 *94 96 104 c 86 74 92 8974 ... 90% 83 34*4 84% 2 .93% 80 34 84 84 92 86% 89 90 *90% 88 74 89 ":b 80 74 85'4 _;./ 92 86% 8074 ' 833a *84 86 88% 8612 *86 103 April-Ocf I960 98 __ 921 '■> 91*2 31 102 92 74 94 104% 100 34 87% 88% 1!) 84 % 88 74 10174 10234 59 101'4 102% 93 9334 89% 91 101 100% 10174 103 100% 101 % 10374 103 10334 18 100% 10334 9334 9174 9334 26 8812 92 74 90 9234 70% 70 34 Jan-July 1985 Jan-July April-Oct Eastern first 4s external 1960 5s gold series 434s Electric B 1974 series C Feb-Aug 1977. 96% *59% April Mar-Sept 8834 87% 104 102 9634 877z 92 34 10 70 72 1 9614 .97 - 65, 58 59 88% 86% 88% 104 *98 7a Jan-July 9334 23 ' 102 104 96 74 * & refunding 234s & 1971 May-Not> refunding 2%s 1974— May-Mop refmfiing 234s 1981——.— June-Dee First A First A refunding 2%s 1978 refunding 334s 1982— 89% June-Dee refunding 2%s 1967 First- & 1st & ret mtge 1st k ref mtge 334s 1983— 334s 19851— 94 34 8974 88 % 89% 93% 94 34 90% 9474 86 34 86 74 85% 86% 84% 8434 84 87 87 34 8734 87 34 8834 89 Feb-Aug —Jan-July 34 *89% June-Dec *907_. April-Oct *88 * 9534 Co— First A . 90% June-Dec 1984 General 117% 8874 102 June-Dec 1981 D Feb-Auy April-Oct _s 1968 First 116 86 87 87 May-Noo series F General 91 116' 1975 4V'2s 4s April ^1990 Marquette Ry 334s series D 1980 Philadelphia Baltimore A Wash RR Co- 77 89 89% v 86 » - A Income - June-Dec 104% 1964._Juue-Dec 1965 A B series First .June-Dec 69 / 92 85% 86 34 series E Philadelphia 1970..June-Dec *90 Juue-Dec 4,34s Peoria & 6034 *78% ...June-Dec debs 6374 2 88 86 Pere 32 *85 Co— Prouucts debentures 1970 June-Dec General, mortgage 334s 9634 67-34 100 60' 4 Consolidated Louis— 1981 Dairy debentures St 67% *7 Pennsylvania RR— N Nashville ' 100 Feb-Aup Feb-Aug 334s debentures mortgage *67%' Mar-Sept Mohawk A Marnne iirst gtd 4s 1991 ..Mar-Sepf Monongahela Ry 334s series B 1966 Feb-Aug Morrell (Johni A Co 3s debentures 1958. .May-Nov Morris & Essex first gtd 334s 2000 June-Dec Mountain States Tel A Tel 25/.6 1986 May-Nov 334s debentures 1978 April-Oct 98 92 86 84% 92 — — Pennsylvania Power & Light 3s 82 1976 94 ':«>••''.// April-Ocf April-Ocf —,—Mar-Sept 1981 75% 2030 '•./ • 94 June-Dec 1985—June-Dec 1988____ 76% 2020 90 9674 •V.;/7 32 69 '• 94 94 Juhe-Dec 1991..! 86 trust 68% Mar-,Sept debentures 294 1 1984 — debentures 81% 1 90 31 92 94 .—June-Dec 1983 434s 93 88 "i 34 1978 debentures 79 "4 Jan \> 97% *6374 — 3v.s 89'4 86 75 74 " X aeoentures debentures 81 cell 69 1987——June-Dec 1987. 78% Jan ■■ *92':; 1985 June-Dec 1988 3 74s 6 7534 U Ear 1986 debentures 37/4S 81 Y Z debentures 8174 2045 90'4 90 96 74 Juue-Dec 1984—. series ser 374s 60% 78 W series 334s Tel & 3Vss 3%s M 338s series 3 74s 83 7« 60 *86 1967—A nri/-Oct mtge 374s 274s *83 90 M 79% A 1974 June-Dec refunding First A — *9634 1990 B 90 9674 -■ Co— & First A 2005 1 96 9074 2 June-Dec & 97 34 1 ser 90% .—Mar-Sept I960—April-Ocf A & First & 94'a 2 1 ser 1982— First 97 34 95 % First & Jan Jan 96 74 June-Dec First 95% ... 104% jhu 434s 104% 104 —May-Nov refundihg 3s series M 1979 h June-Dec refunding 3s series N 1977.— June-Dec refunding 234s series P 19&1.—Jujie-Dec refunding 274s series Q 1980 June-Dec refunding 334s series R 1982*—.June-Dec refunding 3s series S 1983 June-Dec refunding 274s series T 1976——June-Dec* 104% C 434s 10774 1U0 : Mar-Sepi — refunding. 3s series L B debentures 1974 3s refunding'374s series I 1966 refunding 3s series J 1970——, refunding 3s series K 1971. First & b 97 97 Reorganization issues— income 105 103 1 101 9074 . June-Dec 1980 Electric & series income 56 10 P .series mtge June-Dec 1985.— 4 34s mtge 104 4 —Feb-Aug 234s 43«s 434s 1975— 1996 mtge income 10774 *9574 June-Dec Telephone 234s 1984.. inlge Gen 104 * 1986 debs Bell debentures 1st 5s 10474 104 Feb-Aug mortgage 2s/8s 1977 1st Gen I 1975 Oregon-Washington RR 3s series 92 8574 104 74 a *92 N Jan-July J^n-July Jan-July 1978 ser Co 106 Jan -July First 1043 Jane-Dec 1962 D 91% 104 1974_Feb-Aug April-Ocf —_Jan-July 1978 4 34s First mortgage 334s ■ •—** 1991,May 1962 series adjustment 5s Pacific M 84% 9134 10634 *80 3s First 85 RR— series series 4'as 2%s First mortgage 3s 1979 Marie- mortgage 4%s inc series A Jan AGeneral mortgage 4s inc ser A Jan Missouri Kansas & Texas first 4s 1990 40-year 234s first 8434 9134 Co— mortgage 67 'V April-Oct First Mlssouri-Kansas-Trxas Quar-Feb 2047. April-Oct Power 99'4 91 92 86 74 April-Oct 1986 Mfg 90 80 8434 , 104 Quar-Feb A ser 1984 93% Co— A Quar-J«« 2047 ] 98 __ . inc Mining 84% •9174 ——Mav-No» _ 1975—..—.—-April-Oct mortgage 2%s 1980 ....^ May-Nov Oklahoma Gas A Electric 234s 1S75 Feb-Aug ,/.. '■ *85 Feb-Aug . 1972 8474 u 8774 *917i» April-Oct First 87 Regulator— 1976 debentures 843i 102 74 374s — L 88% 92 Mar-Sept __Mar-Scpi Jan-July 1967 84% 89 7 *3234 Quar-Jan Jan 67 89 7 4 tf June-Dec Minneapolis-Honeywell May-Noc May-Nov — 1974 99 74 0 Mlciugan Central RR 4%s series C 1979__. Jan-July Michigan Cons Gas first mtge 3'6s 1969—Mai-Sent 2 78s 8474 1 u Mar-Sept 4s — mortgage f debs 1973 s prior lien 4s 1997 95% 2 .■/■ '' If: >> ' First First 90% 86 Northrop — '4 *6774 - ...June-Dec Metropolitan 8234 89 "4 O Corp— debs subord Jan-July ...Feb-Aug ..Mar-Sept Mar-Scpt 1978 debentures McKesson A Robbins 3V2s debs 1973. Mead Corp lirst mortgage 3s 1966 80% 85 84 First Mav-Nov 1972 62 7'a 47% First mortgage 3s 1975——————Mar-Sept Aircraft Inc— 94 ' it 81 May-Nov Feb-Aug 1957__May-Nop Sugar 4s sinking fund Feb 1 68 74 61 43% >89% Feb-Aug 1997 3s mortgage Northwestern ' •. 72 '/4 >87 74 April-Ocf First 1972 1978 8234 mortgage Ohio debentures 43% Feb-Aug 1972 Feb-Ana Manatl May Ry first (Wisconsin) Feb-Aug 274s UR debentures States 234 84 y« 68 74 61 4374 8234 —.—.April-Oct April-Oct 1983 3%s lien 4 274 8434 //IN 79 61 mortgage 3 34s 1984 71 % 81 3 74 28 72 61 Jan-July 234s 1979 First mortgage 334s 1982 8074 68 8 94% 88 234 - 43 74 First 11 71 % 334 *69 74 Jan-Julji __Jaa-July 2019—Jan-July mortgage 94 78% 71 % 5034 9034 3 74 mortgage '■"■'•ib-'/-' ' .. 59 74 ■ 1973 registered First, M Macy *70 3% First 93 90% .8 *81 " —. 2003—April-Oct 234s 91 First 91//% ;' 1980..—Mar-Sept mtge 49% 34 72 Gas (Minnesota( .r<- 93 82 473 48 8474 3%s debentrres Pacific Northcn 11974; 119 74 93'4 9074 April-Oct 1982 mtge • 93 «■ 82 57 197 2% 3s .registered 2047 Refunding & improve 434 s 94%' ' I ser J? : — 87 34 5834 First G 2003—u.April-Oct H 2003 April-Oct gold 3s f s 4s 117 93% 76 72 debentures f s General 9874 108'.'t ':■> 84 73' 8474 Corp— 234s 1980 Natural 9234 7 77J 7 57 74 Central Northern 100% 95% 391 9434 '• Mar-Sept second Louisville Gas A 94% April-Oct ser Div 89 82 34 4934 2022—May Western A 3%s 77% 100 110% 111% April-Oct F 2003 ser mtge 334s refund 110 "a 1976. June-Dec 1963 refund A Louis 5 ' 1952—June-Dee ser ser & First 89% . 82 10 % Power mortgage conv %-334s 70 74 75 80 "2 82 76 •80 58 Ry first gold 4s 1996—April-Ocf general A ref 5s 1974_Mar-Sept General A refunding 434s series A 1974_Mar-Nept 66 69 11 97 % 98% *95% 100 May-Nov mtge 334s relund mtge 2%s First 4%s ■ ....May-Nov A 1976 A refund A 9834 *1 • 80 807 b Jan-July 1978—Feb-Aug Refunding mortgage 3s series F 1981. Jan-July Refunding mortgage 3s series II 1989—April-Oc' Refunding mortgage 334s series I 1996 Apr-Oct Northern ■ 1)3 % ' 79 84 80 92 76 Telephone 234 series D 1982 Refunding mortgage 334s series E Mohawk 8634 807 a 92 10 T~ 74 "79 Y Coll trust 4s 1980 1976 334s debentures 1978 First % *10074 May -Nov Louisville A Nashville RR— First 71 32 60 '4 8534 92 June-Dec mortgage Genera) mortgage 27/bs 1980 General mortgage 334s 1983.— Corp— lALombard Electric 7s series Long Lsland Lighting Co 3%s Lorlllard |P) Co 3s debentures debentures 89 74 77 "2 75% T.evingtori Ar.EflSfernRv first As 1965.. ..April-Get Libby McNeil & Libby 5s conv s f debs '76 June-Dee Miami 64 A —— mortgage 4V4s series A General 72 ...■' *95 consol mtge s<*r A 2004— cons Niagara ' -May F 5s contingent Interest 2003 May Valley Terminal Ry 5s ext 1979—April Ocf Lockheed A 66 2 87 '-79 Jan-July A Western RR— mtge 4s J 994 1st Northern 72 *81 —Mny-Nov 6034 92 gtd 4s 1993—April-Oci Y State Electric A Gas 234s 1977 Jun-Jvlj Norfolk May-Nov — ASeries Lehigh lirst Putnam General interest 2003 Series C 5s fixed D 82 —Feb-Aug Lehigh Valley Harbor Term Ry— 1st mortgage 5s extended to 1984 Lehigh Valley Railway Co (N Yj— 1st mortgage 4',6s extended to 1974 Lehigh Valley RR gen consol mtge bds— ASeries & Term N •' 6234 15 88 1992—Mar-Sept N Y Susquehanna *81 • 61 6234 mtge 2%s 1975—Mar-Sept — Y 3a Valley Coal Co— B 1955 4s Y Power & Light first N 4 6474 Cliester— N 1(1 4 62 34 6474 ' .98 — ":5 9534 33u 6174 6034 2007—.Jan-July series A 1973^ West ref 4s June Ontario & AGeneral Navigation 3%s A Series 4'/4S mtge A ■ 1968 Series Port & 63% 59 RR— ser inc 434s series mtge conv River 69% 90 62% 62 _ *86 May-Not Hartford & refunding mtge 4s 66 6134 1989——..—___June-Deo 1^73—— B Haven A Harlem 146 April-Oct 1964 1st A series New tAN Y -- 74 6G 62 s_ gold N Jan-July Terminal— 3% Lake 8hofe & Mich South gold 3%s 3'/as registered 1997 ASeries Y 1st Lakefront Dock Harlem & 98 49 98 debentures 69 34 6534 6234 Connecting RR 274s series B 1975 1" *98 income AGeneral 85- 1 67 Central, A Hudson River RR— First 98 87% 90 6774 Y 88 98 —. 8134 87 90j/2 April-Ocl 33is 2000.—: May-No? Mortgage 4s series A 2043 Jan-July Mortgage 4s series B 2043———Jan-July N«Y Lack & West 4s series A 1973.—....May-Hot 84 Jan-July 81 8734 87 7774 434s 86% 9374 10274 71 Y — 88 Anril-Ocf 90 102 65 74 N 1974 59 86 79% N 84 8334 -- 102% *83% 7334 4 34s Ry Co— Kings County Elee Lt A Power 6s 1997 Koppers Co 1st mtge 3s 1964 tAKreuger A Toll 5s certificates 1959 1st 86 34 June-Dec Plain 1961 .....——ii--Jan-July 4Vis unguaranteed 1961 1st 82 % 95 June-Dee 1980 Kentucky A Indiana Terminal 4%s 1961__Jan-July Stamped 1961 Jan-July St 100 74 90 100% 6774 N 234s adj 3s 98 -- 1978 KentucKy Central Liiue 35 ■— *95 s 1st mtge 334s series C 1984 Kansas City Terminal Ry 234s Karstadt (Rudolph) 4%s debs 1st 100 9834 idi) 1986—Feb-Aug Jan-July registered 1997 Jan-July Lake Shore collateral gold 334s 1998____Feb-Aug 3 34s registered 1998 —--Feb-Aug Michigan Cent collateral gold 334s 1998_Feb-Aug 3Vis registered 1998 Feb-Aug New Ywrk Chicago A St Louis— Refunding mortgage 334s series E 1980—June-Dec First mortgage 3s series F 1986 —April-Oct April-dot 4s 1990— Light 234s 1976 A 99 1976—Mar-Sept Mar-Sept mtg£ 1st 2% Is Light 334s Power mortgage mortgage Clear 1st A 20 HiQh 96% 9334 102 1Q274 — Franklin 88 % 93 Mar-Sept Jan-July 1988 334s 1 Jamestown VI 90 Feb-Aug 2013—April-Oct Genet al ' ... 100 334s RR Lou> 9174 Refunding & impt 5s series C 2013—_—April-Oct Collateral trust 6s 1980 April-Oct 97 34 9934 — 3Vis Refunding & inipt 43-is series 9074 '. *88 7 4 1978—J«n-July Jan-July 1980 York N Y *90% Mar-Sept ... Orleans 170 165 '— ■ Telephone Jan. 1 No.\ * May-Not .————April-Ocf 1961 . Jersey Junction RR gtd first 4s New Jersey Power A Light 3s 1974 ■ 165 *99% Co— 1974 Bell Jersey Consolidated *9634 Tel New Corp—• 1077 A 87 74 93 New 165 A 1982 38 debentures 87 74 99% Interstate Oil Pipe Line Co— ■*%s Tel guaranteed 4%s series B debentures Range Since Bold 10034 10074 May -Nov 1980 conv Bonds Hioh 883b 1982 3Vis 1st 3 Vis Co Tea New 3.65s conv subord debs 1977— —Jan-July Inter Rys Central America 1st 5s B 1972__May-Nov Corp England First 3s ' I . Jan-July .— New *75 Mar-Sept Mar-Sept 1982 I 1981 series J 90 ... ■ Friday's *— Is; , 93 *90 Steel 1974—.April-Oct f debs s ■ Feb-Aug 3%s debs 1972 1st 8774 Prods 3%s May-Nov mtge 3%s 1686 May-Now National ouppiy 2%s debentures 1967—.;—June-Dec 88% ■' tr- —. 89 93 Indianapolis Union Ry Co— Refunding and imp 2%s series C 1986__June-Dec Inland Steel Co Distillers National I'V ■; 92 n __ Jan-July 1948 6s 90 92 34 _ *—Mar-Sept 87 74 — or Bid A Asked Low 84 % 101 *87 Feb-Auy 1989_ H ser 83 4,. Bale Price igh Natl ■ *87 . V 334s series F 1984-——Jan-July mortgage mtge 3%s 1st mtge 334s 336s 8474 *8834 __ a Last Period New York Stock Exchange National 84 RR— Consol Low No- V% I 2%s series A 1981—Jan-July First mortgage 3s series B 1978 June-Dec Jan. 1 Monday, February 4, 1957 . Week's Range Friday Interest BONDS Range Since Bold Bid A Asked .. RECORD BOND ENDED FEBRUARY 1 Week's Rang* Interest BONDS 1st Chronicle The Commercial and Financial (634) 30 9 34 8 9'4 88 84 "4 S% 89 34 Number 5609 Volume 185 NEW (635) Chronicle ..The Commercial and Financial . YORK BONDS i Interest Last Period . Sale Price Exchange New York Stock or Plllsbury Mills Inc 3V«s s Plttsbgh Bessemer & Lake 3s Oil Corp. Bunray 100 100 *98 Vi 100 100 98 7 — *100 102 100 74 101 103% 10174 81 % 103% 1017a 100 80% 81% __ 96% 94% 95 9474 95 95 93 95 and refund ■%_ *8974 74 89 97 *~ 9274 97 164% 171 1st 172 lAConsol ACcnsol mtge 95 74 95% 9574 & — : 1970 1st 96% 74 1971 mtge & coll trust 3%s 1st f s trust coll & mtge 3%s 1972 1975 & coll trust 3%s debs 1972_ sinking fund debentures 1973 U S Rubber 2%s debentures 1976 2%s debentures 1967 3%s ,4_v 6 Steel Works debs 74s series 3 74s •.—,%■ ' assented 1947 series A 1947 1951 674s sinking — __ Participating ctfs 474s 1968 3 74s — „ RR 374s *88 subord conv 67% *95 debentures . __ — __ ——May-Nov Mar-Sepf —June-Dec : __ 1969 3s & Telegraph Telephone 1979 Bell debentures debentures 274s Bouthern Bouthern Indiana Ry 2%s Southern Natural Bouthern *100 4%s Gold Gold 81% ' — 88% 82 85 107% 109 bo 14474 Mar-Sept —Map-Nov Pacific Map-Nov A '75—June-Dec ; 9974 100% 99 100 93% 94% *— 89% 00 3%s ser — RR Co— series E 1986——Jon-July __Jaw-July First mortgage series F 1996 Jaw-July First mortgage 2 74s series G 1961 —Apr-Ocf 1st mtge 5 74s series H 1983 Bouthern Ry first consol gold 5s 1994._ --Jan-July Jan-July Memphis Div first gold 5s 1996 First Orleans New 73 ■ 274s 2%s Mortgage • 3%s Joint 3V4s Internal Tel 2%s debs 66 74 1 1 \92% 32 110 % 110 7-4 107 | 107 69% 93% 106 10774 .j 109 74 — gold first 5s & Lake 107 107 a 21 82 *87% not __ 474 s 2013. 9174 April 9174 91 V4 92 36 ee >/4 76% 121 13172 142% 74 88% 31 88% 88% 5 88 87 74 73 132 ' 1 91% 13514 73 132 conv 84 86% the 88 74 88% stock 28, or AND sale delivery Deferred Included 82 79 .. WEEKLY Jan. 1970 Last Sale Price American Stock Exchange Par Acme Wire Adam Consol Aeronca Aero Industries Manufacturing selling Supply Manufacturing 101% — 82 90 ■ . ■■ —: 1981—June-Dec April-Oct Jan-July —Map-Nov 1973—April-Oct 1992—Mar-Sepf Mar-Sepf Jan-July oi Prices Shares 3V 89 89 "981H 100 *99 74 — __ „_ — — -- — ENDED included In the year's range, Low 4% Jan 5% Jan 974 Jan 11 V4 Jan 27% Jan 6% Jan 29% Jan 67c Jan FEBRUARY Stock Exchange for the week beginning and is intended to include every security Last 8% Jan 2 7% 10% Jan Jan 2% Jan Jan 8 Jan 7% Jan 5% Jan Exchange Week's , . Sale Price Rant* of Prices Inc (N J) Industries Inc Petroleums Ltd Air 11 Way Gas Corp Southern Alabama Power 4.20'/« preferred. Alan Wood Steel Co Alabama 5% Great cumulative preferred »;< 30% 158 90' 4 11 5 Associates Air 8alw for Week Shares 5 100 400 4 158 90'4 3,900 3,100 30 25 27% 28 74 200 {;? 305 a 158 90' Range Since Jan. Low Hiah Low Alabama Monday, whether i American Stock Ajax 77 flat. Hxgn Low High not sal* y RECORD YEARLY Range Since Jan, 1 1 1 108% 1 lO'a d Ex-Interest, e Odd-lot sale Under-the-rule sale not Included in the year's range, r Cash STOCKS 1 Inc Corp nsep 99% 98 *75 EXCHANGE for Week 1 Inc Agnew Surpass Shoe Stores —* Ainsworth Manufacturing commonJ__5 For 33 . 101% • 2%s 1976-Jan-July Sales Range 10 common. Co Week's 1 Petroleum Corp class A Products 9674 June-Dec June-Dec Friday Friday STOCKS Precision 96 95% Ex-coupon. ^Negotiability impaired by maturity. ^Companies reported as being in bankruptcy, receivership, or reorganized under Beetlon Bankruptcy Act, or securities assumed by such companies. •Friday's bid and asked prices; no sales being transacted during current week. ABonds WEEK FOR not the year's range, n in the year's range, in of the transactions on the American and ending Friday, Feb. 1. It is compiled from the report of the American Stock Exchange itself bond in which any dealings have occurred during the current year. Acme 97 19 *__ ■' 1967— included following extensive list we furnish a complete report RANGE Aberdeen 95 74 Y AMERICAN STOCK the — — ———April-Oct Electric Light & Power Yonkers - ■— In . - 16 June-Dec Mar-Sept 1957—May-Nov 5s 2003 Erie RR 2%s A 110 74 2 *97 81% 1985—.—April-Ocf —— 1983 Products — - . 1967—.„June-Dec Standard Oil (Indiana) 374s conv 1982-.—April-Ocf Standard Oil (N J) debentures 2%s i971 —May-Nov Coil > 93 May-Not) 1977 Bell debentures ASpokane Btandard 69% 93% 106% 107% 107 73% 72% 3 73 69% • Bouthwestern \ 92 7 4 97 95% 101 , — 96 96 74 96 90 ' *86 101% 7674 99 90 1 90 0 97 86 74% 99 99 90 84% 86 74 76 76 * 91 84% *86 76 3%s conv debs 1973 May-Noa Whirlpool-Sccger Corp 3%s s f debs 1980_Feb-Aup Wilson & Co first mortgage 3s 1958-,-—April-Oct Winston-Salem S B first, 4s i960—— Jan-July Wisconsin Central RR Co — 1st mtge 4s series A 2004_. —_—-Jaw-July Gen imge 4%s inc ser A Jan 1 2029 May Wisconsin Electric Power 2%s 1976—Jwwe-Dec First mortgage 274s 1979 Mar-Sept Wisconsin Public Service 3%s 1971 __Jaw-July Northeastern RR— & 91 __ 1984-——_—__-___May debentures income Wheeling Steel 3'4s series C First mortgage 3 74s series D 06 14374147% 100 99 74 9474 1973—June-Dec 1st mtge San Fran Term Bouthern 91 *84% - WesLinghoUse Electric Corp 254s 1971 Mar-Sept Westphalia United Elec Power Corp— §ALst mortgage 6s ser A 1953_ —;—Jan-July Wheeling A 1977 : May-Nov June-Dec Power 5s — 1969 1981 474s 90 *86 Map-Nov June-Dec Electric Penn „ 88 74 , 2- 4Vis conv Lines) 85 89 3s guaranteed 1979—Map-Nov 3%s 1974 ; _May-No« 374s series I 1966— Jan-July West Shore first 4s guaranteed 2361——Jaw-July 4s registered 286l_ —Jaw-July Western Maryland Ry 1st 4s ser. A 19G9-- April-Ocf 1st mortgage 3 74s series C 1979 Apr-Ocf Western Pacific RR Co 3VaS ser A 1981— _Jaw-July Penn West 10974 110% 96 86 86 __ —Jan-July — Jon-July 1970 1994 Co Gas (Oregon 83 19 mortgage General West Pacific Co— First 4%s 94 1 90 . 7 — Edison Co— debentures l 85 89 4s income mtge 88% ; Feb-Aug Jan-July 1987 California convertible 374s __ 87 — Co— ; ' Jan-July 1985— debentures 2%s 9674 85 series A Jan 1981 April Gen mtge income 4%s series B Jan 1991-—April First mortgage 3%s series B 1971____——Feb-Nov Warren RR first ref gtd gold 3%s 2000—Feb-Awg Washington Terminal 2%s series A 1970 Feb-Aug Wes-tcnester Lighting gen mtge 3%s 1967__Jan-July Gen 997a 109% conv 96 74 9674 . w RR Co— Wabash 92% 86 *93 274s mortgage & Refund 3%s ser I & ref mtge 3%s ser J 1982 : —June-Dec , 2 74s Corp 4%s ■:y Jaw-July Virginian Ry 3s series B 1995 First lien and ref mtge 3%s ser C __ *80 *92 *85 __ debentures 1965 ——Jan-July Socony-Vacuum Oil U/2s 1976 June-Dec Bouth & North Ala RR gtd 5s 1963—April-Ocf Bouthern 95 100% 100'/a 98 99 10274 10274 debs .1986-J-'-June-Dec Oil Oil 1st, . 10074 9874 87.74 Sinclair \ June-Dec gtd 4s series B Virginia & Southwest first gtd First consolidated 5s 1958 103Vi -90 *93 __ 3.20s s f debs 1982 —April-Oct debentures 1971 April-Oct lASiemens & Ilalske 674s 1851 —Mar-Sepf Skelly 1st 687a Co— 1974 Oil Union -1 — ' '6874':' Mar-Nov & Sons 2Vis 1966— debentures *92 74 95 -- — Virginia Electric & Power Co— First and refund mtge 2%s set E 1975—Mar-Sept First and refund mtge 3s series F 1978—Mar-Sept First and refund mtge 274s ser G 1979—June-Dec First and ref mtge 2%s ser H 1980-___Mar-Sepf 34 79 79% . RR consol Vandalia *91 — Service Pipe Line Shell »—e Corp of America— Vanadium *90Vi — Mar-Scp 3s series B 1980_. debentures 1977— (Jos Ei Beagram 3s Linn Air f ■ V Mar-Sept Mar-Sept ,__May-ATo» 1989.Pan-July Bt Paul & Duluth first cons gold 4s lG68_J«we-Dec Bt Paul Union Depot 3V4s B 1971—— April-Ocf Scioto V & New England 1st gtd 4s 1989__May-/Vo» Scott Paper 3s conv debentures 1971__ Mar-Sept Scot ill' Manufacturing 4%s dobs 1982_____ Jon-July s 1- ' Louis-Southwestern Ry— First 4s bond certificates 1989 Second 4s inc bond certificates Nov mtge . 1951—June-Dec fund mtge series C assented series C 1951 __ -Feb-Aup -—April-Oct 4s sc-r B 1980 5s income debs ser A Jan 2006 374s 93 93 % ■ April-Oct 1951 __ ——May-Nov mtge 1st 42% 92 Jan-July Jan-July 474s conv subord debs 1976 Seaboard 91 38 Corp— A series A assented 3 %s — Power 3s series A 1971 Mar-Sepf Bt Lawrence & Adirond'k 1st gold 5s 1996_Jan-Ju/y Second gold 6s 1996, __— .-April-Ocf Bt Louis-San Francisco Ry Co— 1st mortgage 4s series A 1997-—.— Jaw-July A Second mtge- inc 4 Vis ser A Jan 2022 May Bt 88 90 90 Mar-Sept Jaw-July Jan-July -Feb-Aug May-Nou April-Ocf Apr-Ocf May-Nov debentures 1977 Gas Corp 2%s 1970 4%s Baguenay 1st 88 1J1 ■ Feb-Aug '1 674s sinking fund mtge series A 3%s series J 1969 mortgage 1976 debentures 3%s 93 93 %% __May-ZVo» General mortgage 4Tis series D 1977 General 1 167 4174 *93 Refunding mortgage 274s series C 1991—Mar-Sept Union Tank Car 4%s s f debs 1973 ApriZ-Oct United Biscuit Co of America 2%s 1966—ApriZ-Oct 95% 92 74 95% Feb-Aug 6s 1955-1 Electric Corp— mtge Gas Rochester 88 9074 Pacific RR— 2%s 8274 1973—-April-Ocl _ . coll tr 274s 1980— mtge & 'mtge 374s 1982 Oil of California 2%s debs Union 74 £2 sinking fund mortgage 1946 Jan-July assented 1946 ———___.__—Jan-July 1952 6s 1953- 94% 40% *95 2%s 1975_April-Oct 1968 debentures 1st 3%s 6s 94 9074 1971—Map-Nov of Missouri 334s mortgage and coll trust First United mtge 85% 4 94% 41 Oil Co— Union of America 3V2s conv 1980 June-Dec Si ref 374s series D 1995—May-Nov fADirect 83% — 9074 u 101 Rheinelbe Union— 7s 94% 1983 April-Oct impt 3%s I960._June-Dec Tri-Continental Corp 274s debs 1961 Mar-Sept Union Electric Co 99% 100% 101 100% Reading Co first Rhine-Westphalia Elec Power Corp— IA Direct mtge 7s 1950-, 82 88 Tol & Ohio Cent ref and 1st mtge Reynolds (R J) Tobacco 3s debs Rheem Mfg Co 3%s debs 1975 82 ... __ Jan-July 1964 82 ■ — f debentures 374s J 8 9 74 98 . ; Associated 3 13 8374 . refunding 4s 1960—Jan-July AAdjustment income 5$ Jan 1960 April-Oct Water 9974 ■ t A Third Ave Ry first Tide 82 74 96 ii 99 74 82 June-Dec 1974 97 82 V4 ■ __ *11074 E 1985—Jan-July ser Pacific-Missouri Pacific— RR of New Orleans 334s Term 97 . 82 74 1970—ApriZ-Oct series C 1990__ApriZ-Qct 5s 2000 June-Dec General and refund M 374s R w Pacific first gold & Texas ' 4 M 3%s 87 98% 98% Orleans RR— refund M 3 74s series B and ■ * & New Texas mortgage 3V4S 1968—Jan-JwZy Quaker Oats 2%s debentures 90 89 V4 8 97 97 Jan-Julf April-Ocf May-Nov debentures 1965 First Texas 95 74 v First *96% 95 and Texas Corp 3s 8174 96% 7974 Louis— 4s series C 2019 impt 274s series D 1985 and impt M Refund 103% 10174 United Radio Corp RR Assn of St Terminal Refund 2037—Jan-July First and refunding mortgage 8s 2037—Jane-Dec First and refunding mortgage 3s 1972—May-Nov First and refunding mortgage 274s 1979-Jwwe-Dec 3%s debentures 1972— ; June-Dec 1st and refunding mortgage 374s 1983—April-Oct 3Vis debentures 1975 Apr-Oct v 95 Ve 89 *89 — 90 86 2(i 86 86 98'% 2 104 —May-Nov . 100% 90 95 104', 2 *100 100% mo* 100% Hioh ' Jan-July May-Noe 1 Jan. Low No. *9874 86 Since Range Bold *90 —Jan-July 1973 debentures 2%s refunding mortgage 5s and Chemical Btauffer 3s 1963- debentures First and refunding First * Mar-Sepf Jan-July 374s debs 1973 274s debentures 1966 Superior Oil Co 3%s debs 1981 Swift &, Co 254s debentures 1972 94 Bonds Friday's Bid & Asked HnjH 92% Gas Co— Electric & Service Public 23 Bale Prtee Low *83 :—May-Nov ____Mar-Sept mortgage 274s 1984—_ & Gamble 374s debs 1981 First 93% Low Jan-July 1983 mortgage 3s First Procter High 93 No. or Last Period Exchange New York Stock Jan. 1 Week's Range Friday Interest BONDS *92 f debs 1972 June-Dec Erie 2%s 1996—June-Dec Pittsburgh Cincinnati Chic & St Louis Ry— Consolidated guaranteed 4s 6er G 1957—May-Nov Consolidated guaranteed 4s ser H 1960—Feb-Aug Consolidated guaranteed 474s ser I 1963—Feb-Aug Consolidated guaranteed 4 74s ser J l964_May-Nov Pittsburgh Cine Chicago & St Louis RR— General mortgage 5s series A 1970 June-Dec General mortgage 5s series B 1975 -April-Oct General mortgage 3%s series E 1975 April-Ocf Pittsb Coke & Cliem 1st mtge 374s 1964—May-Nov Pittsburgh Consolidation Coal 3 Vis 1965—Jan-July Pittsburgh Plate Glass 3s debs 1967 April-Oct Pittsburgh & West Virginia Ry Co— 1st mtge 374s series A 1984 Mar-Sept Pittsburgh Youngslown & Ashtabula Ry— First general 5s series B 1962—. — -Feb-Aug First general 5s series C 1974 Jane-Dec First general 474s series D 1977—.— Jane-Dec Plantation Pipe Line 2%s 1970— Mar-Sept 3 Vis s f debentuies 1986 __—April-Oct Potomac Elec Power 1st mtge 3 Vis 1977 Feb-Aug FEBRUARY ENDED Range Since So,d Bid & Asked 2%s debentures 1964—Feb-Aug Petroleum Bonds Friday's Low Phillips WEEK FOR RANGE BOND RECORD EXCHANGE STOCK Week's Range Friday 31 % 31% 10% 4% Jan Jan Jan 30% Feb 158 Feb 88 Jan 27% Jan 85 Jan 1 Htyn 11% Jan 574 Jan 1 34% Jan J?n Jan 90 74 Feb 31 74 Jan 89 Jan 100 The Commercial and Financial Chronicle AMERICAN STOCK EXCHANGE m Friday STOCKS Swtrftr- SU«k Rxtkuit Week's Lait Alaska Airlines Algemene Amer Inc of rets Alles Fisher St Artists 6Vu% Allied Control Co Internat'l Allied Paper Allied Products Aluminum $3.75 cumulative Industries Amhrook Air Book Hard American Maracalbo American Meter Co Petrofina Inc 6% Writing Paper Incorporated Anchor common Co 11 Jan Jan Central Jan Conv 34 15% Jan Jan "5% 5 ~9 2,100 % % 5% Jan 22% 10% Jan Century Investors 2,000 4% Jan 5% 1% 14% 14% 400 14% Jan 15% Jan 16 % 17'/4 17,000 14% Jan 17% Jan . 8% 99 1 •1 1 8,300 4% 800 . 100 120 36% 357b 36'/a 23% 23 % 24 Jan 1 <: 2% 8% Jan 4% Jail x93 5,400 Jan 24 % Jan 5% Jan 6 Jan 700 13% Jim 15 Jan 2,100 18% Jan 19% Jan 38% 42% Clayton 9,800 32 % Jan 42% Jan Club 30% Jan 2% Jan 2% Jan 2'% 3% 26.400 2% Jan 4'a lk 8% 700 8 1 Jan 2% _2% 8,'i; 2'a 1 4% 5 8,600 4% 3% Jan 5 % Coast Fisheries 98 1 Coast Jan 100 * Co 1 200 1 10 pesos 23 23 5% 24% 4,200 23 1 Jan % Jan 46% Jan Jan 5% 8% 8% 9 5% 5 5% ! Feb 68,900 4% Jan 6 Jan 2,500 5% 1 10c Corp Audio Non-voting Jan 43% 8% Jan 9% Jan 1,900 47 26 % Jan b 57b Jan Feb Inc 1 2% 2% 300 preferred non-cum 2% Jan 3 Jan 1 3% 37 50i) 3% Jan 4'% Jan Automatic Voting Machine Ayshire Collieries Corp • common 1778 17 17% 3 b 74 — 1,400 10% —- ... Jan 17 7 44 ' Jan 46 b Feb Jan B Bailey & Selburn St Gas— Industries Inc American Oil Steel Corp Incorporated Company Bearings Inc Beau-Brummell Ties Inc 12 % 12% 12% 3% 3% 2 % Jan 21s'b Jan 15'% Jan 16% Jan Jan Jan Jan 14% 2% 3% 47 % 47% 12% 13% 2% 25 60c 13 1 7% 7 _1 3% 400 common 600 2% American Oil Co—: British American Tobacco— j 12% Power Petroleum Co American dep rets Company Brown Forman 4% Bruce Cork Jan SI. 12 Jan 16 Jan Cuban Atlantic Sugar Jan Cuban Tobacco 33 Jan 94 6 % Jan ~6% 6% 67b 2% 200 6% Jan 7 6 % Jan 7 1% Jan S (E 90 2 % Jan Jan 2% L) Co 44,700 7 % Jan 9% Jan 6% 2,600 6% Jan 7% 1 Jan 30'% 25 8 % 46% 29 Jan 31 Jan 49% 13,800 46% Jan 6% 49% Jan 7% Jan 7 ~7%; % 100 7'% Jan Jan 6U ~ Jan 1% -- 46% 46% 100 ; 60c 17% 16% 17% 7.800 16% 17 17 17% 1,300 16% 6% I,100 6'% 6% 18% 6% 56.100 10% 10% 13% 2.50 6,100 22 % 21% 22% 800 * 1 % Jan 47% Jan 17% Buffalo-Eclipse American Burroughs dep (J rets P) St ord Son Burry Biscuit Corp Byrd Oil Corporation 6% convertible shares__3s common class A v'&lvan Gas Co Camden Fire Insurance 100 J 5% Jan 2% dan Jan 8% Jan 32% Jan 33 % Jan 10 Jan Jan 10% 15% 100 15% Jan 24 % 17 % Jan 24% 200 22% Jan 24% Jan 12 4,700 6 '4 -- 12 Feb 6% 5% 7% Jan Jan 5% Jan 2 5,800 Jan 4% Jan 2% Jan 5% Jan 6% Jan 35 36 2,200 33% Jan 40 Jan 15% ^ 'J i®.,2' .,27 /4 . 1,300. 15% 3,400 14% Jan 15% Jan 27 % fjL 10'a 28 % • u 10% 6 % 2,500 . 27% Feb 9% __ 10% 2,700 10% 6'A 6'A 900 67k 1,000 17k 17k 5,100 1% 40% 300 39% HVh 1,300 ' 42 8 87k 157k ,"<1 1ft' 5% Jan 9% Jan 121% Jan Jan 6%' Jan 5% Jan 6% Jan 5% •• Jan 6% Jan Jan 1% Jan 8 1,800 157k * 30 Jan Feb 6 42 Jan Jan Feb 9% Jan Feb 15% Feb 100 15% 8,300 % Jan ~ 5o 7k Jan 12% 127k 200 12% Jan 13% Jan 1 107k 11 800 10% Jan 11 Jan 19% 19'% 600 19% Jan 19% Jan 5% 300 Jan 5% Jan * "5 5 5 "A" 4 i'(i 87'% 9074 7% 67k 8 6% 7Vb * 1 . -.6% 1 i—, partic 5 2. 14, preferred American Oil Co 50c ; '■ 5% Feb Feb 93 5% Jan 8 6% 500 ** . 7% Jan Jan 22% Jan 24% Jan 2% 2.800 2,450 187k 18'% 450 * 57k 23.700 ~ 20% 3,300 2 . ■ Jan . 214 Jan 14% Jan Jin 17% Jan 4% Jan Jan Jan "2% .'* *2 _2% - 18% Jan 23% Jan 37 —--- Cuban-Venezuelan Oil vtc -——-/a® Lighting Inc common. ~2 50 Curtis Manufacturing Co class A 4 .26 Jan 11% - 5' 19'% Feb Feb 14V2 y t , 197 k Jan Jan 19 '• 5 common— 4% 900 V 135k . - vl 8% 2*»° A 87% 25 2 4 6,000 20 24*'% 25 • 25c 3.100 32,000 200 19 common——* Co . _5 common..- Land 4/V 87 'k £1 Daltch Crystal Dairies Hie Davenport Hosiery Mills— Davidson Brothers 9% Day Mines Inc—— ———10c Dayton Rubber Co class A 35 Dejay Stores common 50c Dempster Investment Co 1 Dennison Mfg class A common 8 debentures— 10'A Jan 137u Jan 21 Jan 23 Jan % Jan 10% Jan 10% 200 10% Jan 10% Jan Jan 8% 4% 16% 6d 16'/a ^ Gasket Gray Iron Foundry St Manufacturing (The) Co Jan 41% Jan 2% Jan 16,800 2 Jan 9% 4 Jan 10 700 8 3 4 Dominion Textile Co Ltd 2.50 Jan 3,300 16 % Jan 16 7b Jan Drilling & Exploration Co., Jan Duke 1,500 5% 3.100 1% 1% Driver 100 % 5,200 8'% Brewery Ltd 4 4% 111 7 Jan Jan 4% Jan Jan 5% Jan 2% Jan 8% Jan 1 % Jan Jan Jan Corp 1 28% 3% 14 50 1% 20.100 4% 400 27% 23% 4.400 % Jan 3 "2 3% Xl3% xl4 26% Jan 29% Jan 6.000 3% Jan 13% Jan . 58 46 5 27% Jan 1 % 300 1 % Jan 1% Jan 20 33 % Jan 36% Jan 300 4% Jan 5 Jan 61 s Jan 32% Jan 35 1; Jan 138 142 11 3% •' 40 llFs 3' V 2 3% 2 400 138 10'A Jan Jan 11% Jan 411 Jan 2% Jan /,( 73,100 1% Jan 18% 18 146 Jan 3% Jan 5.000- 2,100 16% Jan 2\% 18% •Jan Jan 19 Jan 15'% lO'/s 8 !i'i 100 4,000 14 % 9}& 21 Jan Jan 15% Jan Jan 10*% Jan Jan 22% Jan 217% 22' k 500 20% Jan 23% 127k 127k 100 12% Jan 13 8% Jan 1,900 15% Jan 17 37 — • Jan 37 3 2.000 4% 31% Jan 5% Jan 31% Jan 22% Jan 23% Jan • 16'A 15% 5 16 % 5 22 % 22 1,500 Jan Jan 9% % 4 Jan Jan Jan Jan 1 — 9.7k 56% 56% 56 % 50 _* 28% 28% 28% 500 1 ( 5% 5% 5% 5,400 4''4 300 7% 100 7% Jan 50 16% Jan 17 Jan Feb 38% Jan Jan 7% Jan , 9 DuMont (Allen B) Laboratories— — 15% 103/8 3% . 9% Dunlop Rubber Co Ltd— American dep rets ord reg (The) Hosiery class B Co— 9,600 9 Jan 10% Jan 50 % Feb 59% Jan 23 Jan 28% Jan 4% Jan 6 Jan —_10s L 4 1 7% common—-—• 4 Jen 4 % Jan 7% Jan Jan 6.100 37k Jan 7% 10 3 Durham 1 4% 50c Jan 14% 6% —• Co Power Co.; Common 15% Jan 4 7k * common—— Harris • 1 Jan 19% II,800 Jan Jan 6% 33% 32.50 5% Jan 16% 14 * 7.50 preferred Douglas Oil Company Dow 14 200 1.390 1 % 1 -r $2 Draper 600 7 % 6s 8d Dorr-Oliver Inc 4% Jan 14% "14% 4% * 1 common 17% 4% % Jm Jan 400 4% 1% 8 10% 2,100 8 25c •Jan 33% ~4% 1 Dominion Bridge Co Ltd Dominion Steel & Coal ord stock Dominion Tar & Chemical Co Ltd % 4 5% 100 Ltd— 18% i7.f 1 S% •<- :7 ——100 Detroit Detroit American dep rets ord reg Diversely (The) Corp Dome Exploration Ltd 3 17% 14%", 14% 7% 1 % Distillers 77 b 8 14% 14% 1 Jan Jan 18 9% 1 Jan Jan 8% . .2.50 Inc Jan Jan 1 '32% Jan 7 6 63A 7% 5 32% Jan /5 67k 18% 2% • 1,700 6% 18 Jan ~9% 1 1.300 19.300 6'A Feb 1.700 10c 5% 2% "8% 700 Jan 1.000 50 St Internat'l Oil St Duraloy Ltd—j 5% 2 % "7% 9,200 1 1,100 100 St Edmonton Corp Calif Eastern Aviation Inc California Electric Power $3.00 preferred . 15% —-25c 2% 7.50 common Calgary preferred Consol Oil % " Inc Jan 6 Inc 7% - 9 % O A Ltd 7% 12 %c c St C Super Corp Cable Electric Products 42.50 "9 1 Jan 6% Oils 2% 2.50 Jan 2% Club 2% 1 Corp 9% 5 % Diners' 7% 9 Bunker Hill (The) Company Burma Mines Ltd— Jan Jan 2 Jan 1 .10 4% 6% 19% Jan 50c common 4% Jan 117k 1 * 1 preferred 6% serial preferred Buell Die & Machine Co Jan Jan 4% 5 Devon-Palmer 18% 1 convertible 31 3% 1,600 Curtis 8% Jan Jan 46 r F Budget Finance Plan < — 10 common Jan Jan Feb 9% 6 % 30'% 9 'A 6 % 30% 16% Company common Buckeye (The) Corp 7% 28% Feb Jan 3,100 Jan Jan 26% Jan 701) Jan l\l 6% —* common 4'% Jan 10c (Md): Drug Co Jan 1 Bruck Mills Ltd class B B Petroleum Crown 29 % ' Jan Jan 24% ..10c Co...— Crystal 1,400 ~2% rl & Crown Jan £1 preferred Milner 15 Jan 14% 81% 29% 1,100 2 Publishing Co.— Jan Jan ■> Jan ■9% .2 —. 1.50 Jan 5-!b :4% 4r:k : 10 Corp Jan Cuban 277 k 157 k a Jan 267k 8% .... 4% 1,000 14% 2 , Ltd.—• Inc 14 Feb Jan Jan . 50c American dep receipts (ord reg) Petroleum common. Cent Jan 3% Jan Ltd— Crown Jan 8 :-j -5 Beverage Jan 31% • common Corp Inc.. 48% .n 5% Jan 23 e Jan 10c » — 143/b % 10s reg Inc Jan Jan 12% 300 20c & Reynolds common preferred class A Crowley 6% 6% £1 voting 19% ■ Class B non-voting Cornucopia Gold Mines Jan 29 49% common A Feb 9 ( Cooper-Jarrett Inc—— Corby (H) Distillery Ltd— Class Jan Jan 1,800 47k —50o Varnjsh Co Crowell-Collier :>u 6 Ltd— ord & Jan 77 5,900 -7% 267k —.10 Creole ~6% 10s Distillers Rubber Co Paint Feb • common cumulative Brown Industries 53/b Jan % 7% id ■ Jan 9 23% 23';k ic 77 a Lines Uranium 1,130 " 23 v 83 2% 300 78 % . ' Inc.———;_1.25 Engineering—1 Continental Commercial Corp __1 Jan Amer Brown Continental 137 k 13% 77 •** 70 Jan 7% 60,300 Jan Jan "5% 1,000 J'lor Jan 25 Jan 19% "5% Jan 13', Jan 87/s - " ■ j7 Aviation & 37 b Jail 4 "5% 5 % 3 , Utilities——————1 Air 400 -- 1 Petroleum Gas 12 % Jan 81 ' 9 ; 1 Inc Continental 17% Jan 100 -1 Continental Cott Jan 67 83 • Co Mining & Smelt Consolidated Royalty Oil Courtaulds 14% • dep rets ord bearer dep rets ord reg British Celanese Ltd— American dep rets ord reg British Columbia Stone Electrodynamics Jan Jan 880 83 87k 30s Consolidated $1 24 • 1965 Consolidated Jan 31% —20o Amer & Cuban 6 % Jan 14 27,700 1,103 % 500 3% Jan 175 70 Machinery— to 12% 4% 6 • Co 12% __ • British ext Jan 16% 300 1 Co British Shoe Jan Jan 10% 700 • Brazilian Tjraction Light St Pwr ord—• Breeze Corp common Manufacturing 7% 14% 1 Inc 700 47,300 1,600 14% 1 Inc Works Jan 4% 1 Inc Bridgeport Gas % 11 16% 3 Blumenthal (S) & Co common 1 Bohack (H C) Co common • 5%% prior cumulative preferred.100 Borne Chemical Company Inc 5 Brillo 15% 1 common Gear 6 10% 16% 50o Black Starr & Gorham class A Blauner's common Foote 5% 10% 20c Telephone of Canada common Instrument Corp Brad 15 500 Jan 17,800 16% common Belock Co 0 3 {;7 1 (AS) Shoe Corp Bellanca Corporation Watch 2 1 Beck Bourjois 200 6,!) 00 3 17 24% 68 83 10c Co Corroon 213 • - Oil Blckford's 16% 27 a 50c Basic Benrus 15% 16 16 16,300 shares Ltd Co Corp Consol Diesel Electric Corp Coro Barium Bell 15% 1 19% J—lo Barcelona Tr Light & Power Ltd Basin 18 % 1 Baldwin Rubber common Baldwin Securities Corp Banco de los Andes— Banff ^ea cc 24% Manufacturing—4 Products Connelly Containers Cook ^ Baker Sand Continental Oil Jan 5 Commodore Hotel Inc. Compo Consol 12% ... Colonial Consol Jan Jan 1 Development ordinary Vtc Jan 5% 4% 3'/u 300 —1 Community public Service '53)—* Atlantic Devices Inc Automatic Steel Products Jan on 22 Consolidated Mining At Development Corp Atlas Corp option warrants Jan 4% 11,800 40,900 „• 1 Caribbean Oils vtc Cockshutt Farm Equipment Colon 8% Jan 4% 4!;; 12% 1 i tS 5 Coastal —21 6% 4% 3 ',8 70 1 Lambert Aluminum Jan 24'% 1 Corporation... Claussner Hosiery Co St Jan .—4 Manufacturing Co 4% 14% 19% Jan 5% 23% Jan 12% —10 Clary 3,000 14% 5% Jan Jan 3,700 5 Controller Co Clarostat 18% Jan 7'u ~ Mining Christiana Oil Corp.— City Auto Stamping Co Jan Jan 67k 4% 1 Consolidated 98 Jan 100 5 10 Clark 95% 4% 10 Chesebrough-Ponds Inc Chicago Rivet St Machine 37 % Jan Jan 36% 106 4% —2.50- common Chief 9 Jan Jan 4% jan 19% 10 Chamberlin Co of America Charis Corp common Charter Oil Co Ltd Jan Jan Jan 32 % Jan Jan 500 4 100 preference Jan Jan 8% 800 1! 3 2 27 J/4 1,100 " • 2 Jan 33 Jan 21% 1 Inc 4% 100 Jan 200 Jan 6% 100 10% Jan 21% 32,500 Atlas Plywood Convertible 14% Atlantic Atlas Jan Jan 112 27 % 8% 4*'% 1 Power & Light 4% pfd Co common Cherry-Burrell 8% 4% 99 % 3,400 Central Jan 1.18. 1% 150 Jan 71 20 % 1 Century Electric Jan 16% 8% llil 4% Jan Jan 34,600 4 Jan a 3% ' 21% 1 preferred Jan 9 27! Jan Jan 26,403 n; 11; 34 • Maine Power Co— 3.50% 4 200 8% 32 % 1 Secur Corp 1 preference S1.A0 series.. Central Jan 2% 6% ' I 2 & 27 8% 25% . 2s 6d Illinois 21 _9 6.100 7,00*9 * 2 A 27% 33 1.0J9 10 % 1 1 :l 1% 2 >7« 27 % 5 33 Vie Jan 26% Jan 6 Corp of America Feb 33% Jan 4% J 10 Jan 31 2% jan • Co 10 25 17% 1 paid & Feb Jan 104% 32% 600 18% Inc.. Dec on Line Jan M) 20 111 2 \i, Cenco Jan 5% dlv arrear $41 Catalin Jan & Tel— St Jan 30% 13% 4 tft (A I Associated Oil & Gas Co $43 Jati % Jan Jan 3% 6% 5.50 dep rets B ord 6 jV Jan 7% Jan Jan 19% 1,6 JO 1 ;i 1 Carter (J W) Co common Casco Products common Castle Jan 6% 1U0 1,409 6 % Corporation Central Explorers Ltd 8,000 % Jan American 2.50 class A Productions Tel 10 %" 33% warrants reg. '53 28% 42 15'/4 • Food Stores Inc Laundries of America (ex 600 Jan 32% 32 1 Electric Industries— American dep rets 1 Jan 1,950 2 Associate A Jan 14 13,300 20o Equipment Corp. July 76% Jan 5% 8,909 a 3% 2% common 65,209 1V Carreras Ltd— Jan Jan 13 lOo Armstrong Rubber Co CI 1% 72 40 14% Power St Light— Associated 50 16% 4.7S preferred Associated Jan 30% 4 —. Angostura-Wupperman Associate Jan 50 13% 2.40 Artists Jan 13 % Jan 15% Appalachian Elec Power AVa% pfd—100 Fuel Oil Corp 8 Assoc 11% Jan 13% Arkansas Aro Jan 9% 15% • shares Armour & Co 10% 500 Jan 2 5 Carey Baxter & Kennedy Inc Carnation Co common—„ Carolina Power & Light $5 pfd 2,000 Jan x31 110 1 Capital City Products Jan 14 Jan 3% 1 Jan 1% Jan 26% Sc Jan 1,400 0 .61 20 _1 88% % 32% 4 Minerals 23% 50 13 'A 10 Williston Feb — 3 Gas Canso Natural Gas Ltd vtc Canso Oil Producers Ltd Jan 72 32% 1J;'} 3% pld__10 Canal-Randolph Corp 7 83% S Products Louisiana Canadian Jan Jan 400 40 10 I Anglo Amer Exploration Ltd Anglo-Lautaro Nitrate Corp— 4.72% Feb 56% 24 % b% 6% 20 10c partic dan Jan /,j 2J 1 Ltd Jan 2 Mines Ltd Arkansas — Marconi Petrolina 47 fa% <i 6,,; • Ltd 22% % 13 - Canadian Ltd vtc ~17k 30% Canadian Oils 21% 50 72 Jan Jun 1 Company class A Anacon Lead 10 22% Feb J t.n Homestead Co 300 13 % Dock & 1,000 40 pfd—.25 class A_ American Arkansas 9% 20% Jan. 1 11% 30% ——2 Dredge Canadian 4% Range Since 33,300 — Jan Jan 400 10 "l % 40 1 Co Canadian 3% 2,509 87% 13 • Gas American Seal-Kap common American Thread 5% preferred "A" "l 21 com Jan J an Jan 12% Canada 4% 5% tenure* Hir+ 11% * 13 % 200 , 23 10% — 20 Co American Natural Post 7 49% 11% for Week Ernes Loir Ltd.—1 Jan Jan 400 22 22% 1 Machine Mines Liu Jan Jan 5% 200 j 87 2S Manufacturing Co Oil 9 • 6?« 100 Inc— Co Jan 28% Jan 4,800 21% 47 % 22% —1 Co Chilbougamau .bread 3% pfd—IS Rubber Co Laundry Campbell Cement Co Ltd common: * 6Va% preference. —20 Canada Southern Petroleums Ltd vtc.l Canadian Atlantic Oil Co Ltd Jan 5 % 3,100 21% 1 conr Electronics Jan Sale* Range ot Psr 4% ' —* (HI) common American Amurex 9% 48% • 5% American AMI 4 Week'* Last Bale Price 4 11,003 ~37k 21% 100 Inc American American 9% "l 1 common Filter Beverage American common Manufacturing Industries American 10 ———J preferred Goods Aluminum American 3% 3% atock—1 cap Friday Kxehaag* llty Jan 25% 4% America— Aluminum American 4 3% 20 (Mich) 3% 30.) 4% 1 Inc of Low 1,200 ~5% \ J 1 Corp— Co 5% 4% - Corp preferred 1 American St««k .13% .10o Co_ Investing FEBRUARY Canada common Allied ENDED Range Since Jan. 1 share*. Pictures convertible 4 WEEK FOR CLOCKS Shares High 4 '% V— N Amer All American Engineering Alleghany Corp warrants Allegheny Airlines Inc Allied 4% RANGE Week tor Prices LOW .1 Kun6tzljde dep SaiM Rang* Sale Prlee fz* • Monday, February 4, 1957 ... 58 % 5 26% 47 10!) 100 1 4% Jan Jo 11 4 14 55 Jan 43 Jan 47 5% 1,300 4% 750 25% Jan Jan Test Corp common Sulphur & Potash Co Dynamics Corp of America Duval 1 17 17 17 • 36 36 38 1 7" 6% ] ,10(1 7% 27,100 36 5% Jan 58 27'% Duro Jan ' Jan Eastern Gas 5 Jo Jan 27% Feb AVa% Eastern Malleable & Fuel Assn prior preferred Iron common—10 —100 25 33 78' 32% 34% 9.900 78 78% 600 38% 38 %. 50 32% Jan 36 Jan 78 Jan 81 Jan 36% Jan 38% Jan Number 5609 Volume 185 ... The Commercial and Financial Chronicle y (637) AMERICAN STOCK EXCHANGE Week'» Friday STOCKS Last ; . Ban^e Fi.'oes ■ale Frioe American Stock Exchange ol Par Eastern $7 States 27 ',2 * • 1 ilva lit SS Ero Jan Iowa (Max) Fairchlld Fire Firth Fisnman Flying Ford Jan Irving 3% Feb 3% Jan 15 15 v4 97 O.iOU : l.ooo 4 97 Jan 16 Jan Jan 98 10% 9% Jan 3% Jan 41 11 41U A4 500 Jan b ',4 7'is 8*2 18.500 7% Jan 11 % 10Ai 11 Aii 3,il)U 10% Jan 41 1 7 7: *•'. 714 901) 7 5% 5A2 5:A4 300 5 % A4 $1 or 25c 15% —10 15',4 25,400 16% % 180 Jan Jupiter Oils 8% Jan Kaiser Industries 11%;, Jan 7%_ Jan 5% Jan 12 Jeannette 42% Jan i: class 1 A Jan 1 Jan Jan 16% Jan Instrument-. - Corp Inc Co __. class Ltd Line — A.,. voting Motor "A" Fox Luxe De Fuller £1 4% __1 7 Aa (Geo Inc Sales Beer (The) Drug Kawecki 11% 2,200 10% Jan 11% Jan Jan 6% Jan % 6 A-'a 200 5A'2 Jan .6% Jan 2% Company Kingston 7% Jan Kirkland Jan Klein Jan Kleinert (Walter) Oil & Co Company Minerals (S) Corp Ltd Stores Inc Dept (I Feb Knott Jan Kobacker 4 106% Jan 110 Jan 120 bfc 3% 6% 4 *• Jan Geilman Mig Co General Acceptance General Alloys General Builders Corp 2, la) 4 Va 9 Ab 2,000 Jan 5% Jan Jan 4% | Jan. 8 9A8 Jaii 15% Jan 16% Jan 28 Jan 31 Jan La Consolidada Lake Shores S 5 7o General Electric American ord rets General Fireproofing General Indus General Mines Plywood Corp IQeneral Georgia Power Gilbert C) (A McBean Alden Glen (Adolf) Gobel Goldfield Gorham Grand Inc Great Atlantic & Geer Co Gulf States Jan 41 Jan 19 Jan 5% Jan 12% Jan 38 % Jan Jan Lunkenhehner 5j'tf Jan V2 Jan 8 Jan 6J/8 10 Jan 13% 32% Jan Jan 14% Jan Land Jan 10% Jan Jan 17% Jan Maine 2% Feb 2% Jan % 4,500 Jan .'72 250 70 25 1,400 8 2 A b% Aa 10% Jan Mansfield. Jan Marconi Jan HVa Jan Jan 3 Vb Jan 154 650 J 56 % 128 Vj 130% 130 2 % -1 10 10c v.'* * * Alabastlne 84 84 120 v Co Lamp Harbor Plywood Corp _1 _____— Electric Harrvard Mfg Hazel Hecla Mining Jan Jan 15% 14% 15% 1,900 Jan 15% Feb 29 % 29 % 200 28% Jan 500 11% Jan 4% Holt Electric Mfg Higbie Hoe Co 19 Jan 4% Jan 105 Jan 85 Jan Horn Humble Hard Jan % 5'") 3Ab Jan 4 Vb Jan 10O 1% Jan 2% Jan 5% Jan Mining Corp of Canada Minnesota Pwr & Light 5% Jan Missouri 34 9 Vb Jan 67 Jan 38 Jan 4.40% cumulative Jan 6 Jan 4.80% cumul Insurance Co International For of fo^'nn(oc 27% Jan 200 9% Jah 10rw Jan 7% Jan Corporation 200 27% Jan 28% Jan Murphy 12 *» 2,300 12 Jan 13% Jan Murray 11% 11 11 3 4 7.700 11 Jan 12% 18% 18% 18% 1,400 17 A4 Jan 18%. Jan Mfg Co Muskegon Piston Ring common Muskogee Co common 17% 18 125 17% Jan 19 Muter 125 57 Jan 60 V2 113 Jan 117% Jan 24 Jan x24 % Jan Nachman Corp 96% Jan 99 % Jan Namm-Loeser's 50% Jan 60 % 114 24% 24 % 24% 97 Vb 9 7'/a 98 5 118 116 40 , 49 414 300 Jan , Jan Jan ■ 128 Jan Company N Milling jan 4% Jan National Jan 10% Jan National 13% 13% 14% 2.900 13% Jan 15% Jan National 5 21% 21 21 Aa 1,100 21 Jan 24 Jan National National £1 5% 5% 5% 5,800 Jan 5% Jan National stock--* 57% 54% 57 % 2J.80J 54% Jan 59A'a Jan National 12% 12 12% 303 11 As Jan 12 A4 Jan National Jan na?o 93 8 35 85 90 16% 16% 80Q 2% 16% 50c Inc Co 37% Jan 44% Jan Jan 34 Jan Jan 34% Jan Jan 7% Jan 13% Jan 300 30% 2,800 34 33% % 700 14 A'B 12,800 14% Jan 16% Jan 537/b 6,300 49% Jan 57% Jan Jan 16% Jan x67/n 13 17,100 6 13% Jan 15 15% 600 14% 21% 22 Vb 500 21% 23% Jan 19 A'b 1,000 18% Jan 20% Jan Jan 4% Jan 400 7% Jan 9% Jnn 2 8% 2 Jan Jan Jan 2,400 1 % 10% 1,600 9% Jan 10% Jan 15 Va 15% 1,200 15 Vb Jan 17% Jan 9% Jan 9 Vh 9 Vst. 9% 12% 4,700 9 Vb I 100 12% 12% 7% 19 5 200 19% 7% 19% 2,500 5 100 33% 19% 33% 50 18% 19 % 1,100 13% 22 % Feb' 28A/2 Jan Jan 7% Jan 20% Jan 5% Jan 5 Jan 33n Jan 18:l Jan Jan 34% Jan 21% Jan Jan 103 13% 5,000 13 Jan 13% Jan 1/64 8,700 1/64 Jan "At Jan .'.r 13« 16,100 21% 23 A a 6,200 13% 1/64 1 % 12% Jan 7% 19 103 100 _♦ Jan Feb Jan 26 1 Jan 1 1% 21 Aii Jan 25 Feb Jan 85% 85% 85% 20 85% Jan 90 Jan 93 92% 93 40 92% Jan 95 Jan 87 Jan 88 1^«V2 3 "8 166 x43 80 X42 150 % Jan x42 Jan 200 17% 124% 150 122% 1% 110,800 18A'4 18 18 124 i-A J,1, 26 "a 25% 26V4 1,900 22% 2% 90') 28% 27% 29 3,500 27 Vb 10 !4 10% 10'/4 1,000 9% 33 % 33% 100 2% 2% 100 14 A'b 300 Jan 158% Jan Jan 44 Jan 19 Jan Jan 124% Jan Jan 1% Jan Jan 27% Jar Jan 29 Feb Jan 10% 92% 93% 8% 8% 1,400 1.600 Steel Car 83 % Jan 85 Jan National Telefilm 15 A Jan 17 Jan National Transit 2% Jan National Union 94% Jan Neptune Jan Nestle b 92 8% Jan Jan- Jan 9% Le Meter Mur 14 Jan Jan 33% &. 9% 10 —* Electric Corp common Co common Jan 3% Jan 10% 1,100 8% Jan 3 14V2 4 Jan Jan Jan 10c --1 30C 5 1 4l/8 Jan 11% Jan 4% Jan Jan 6,600 2% 200 2% 19 Aii 100 19 A'b Jan 21 Jan 21 21 4% 2A« (Mich) common 14 Jan 19 Aii 4 ab common Ltd Associates 2% 400 4 4 33 1 1 1 Casket Company — 5 Electric Weld Machines 1 Mfg & Stores common —1 Petroleum Ltd 25c Presto Industries Inc 2 Research Cdrp -1 Rubber Machinery 10 Starch Products Common—1 Co Brewing 6 2A4 —-5 2.50 10 50c 10 -— ftess Bellas National 5 Jan Jan 49% V Jan 6 84% common Inc—| National Alfalfa Dehydrating 10A4 5 — Ohio 4A4 ICO 10% Jan 116 1,200 '.4 10% 4 5 ' __ __ __ America 7 15 Jan Jan 60 200 59 113 60 . • Co 14,500 33% 12% —1 27'4 12 Jan 4 Jan 6% 14% 15% -J — 27 A4 12" 50 Mfa 43% 1% 2.50 —1Q0 12% stock-• capital TV Inc 15% ■vJan 10 Muntz __ common.. 800 6% Ait 6 7% preferred——100 States Jan 4% preferred series B„100 Mills Inc Tel & Tel Vemor. Jan 6% preferred series C— Ward & Co class 4.50% 14 Vb 19% Jan • 1,200 Jan 15 4 15 Co 1414 % Jan* 33% 1 1 Ltd 29A/2. J(»n 21% Jan :io j 13% SA'b * Co , J.an 60Q 14% Mountain ... Jan ;.i32y i 33% 31 51A2 Mount ' ' ' 16 V* Jan % 6 Jan — 15% Va 33:% Jan '•r Jan 1,300 16 33 33 Jan ' Jan 5% 41% 41% 2% • IV* Jan 15 6% Jan .■ Feb Jan 4% 4 2 1 8% 1 Va 2,200 14 14% 2 Ala 10,400 200 1,300 32 2 Ab 2Aa Jan 5 Vs 29 Va Jan ^ Jan 29 % 1 % 15% 2A'b Jan 60% '8% 7 26% Jan lOA'a 700 Feb Jan 4% 11A4 5% • 54 A/a 17 1 % 8% Jan Jan ' reg coo 11,000 10% Jgn • capital Breweries 57% 10% Montgomery National North 54 Va 54'/a 2% Imperial Tobacco of Canada 5 Imperial Tob of Gt Brit & Ireland—£1 Indianapolis Pwr & Light 4% pfd__100 Industrial Enterprises Inc i 1 Hardwarp Jan 25% Vb Imperial Chemical Industries— Industrial I6V4 —60c Securities ord 100 900 II100 rets 16% 2,500 common (Canada) Jan 16% __ 2% 1H4 8 Jan National dep Jan 1% 26A„ 11 A 11A4 • 4 2,100 % Jan 10 I Amer 16 V* 2% 4 A* Jan Jan Jan 26 A4 4 71V2 1% 2% 4% 17 A# Jan 16 Jan 14% 26% 500 Jan 9% 1.100 25 175 100 A—— Moody Investors participation pfd— Mt Clemens Metal Products 1 6% cumulative preferred -—4 •» Jan 70 Jan 1,000 5 Manufacturing Co__ Hydro-Electric Jan Jan 4% 9 A "2 • Refining 62 Va 36 V2 17 A * 35 V* A2 1% Power Co 10 200 4,000 9VB 17 Jan Jan 6 1% — (Can) ___ 4 9 Vb 17 16 Jan 6% 29 Va 15% 25c Baking Inc pfd common Rights 5;!4 37 1 Hydrometals Inc Hygrade Food Products Imperial Oil Service Public Mondngahela Co— & (Harvey) & 3% 661 —_ <k Jan : A Bearing & Hardart Oil 3Vb 60 A 70 400 4,400 5 1% * 50c ——5 Miller Wohl Co common— —50c 4% % convertible preferred-—_—50 Molybdenite Corp Molybdenum Corp f Jan 2ft Jan 15% Co— Piping Jan — Hardart Lock 1,000 1 preferred Hubbell Midwest Jan Inc class Ltd (Geo A) <fe 1,700 Jan 91% ——5 Inc & Jan 25 5% 35 V* 70 common Jan Jan 36% "6% Steel Jan • Horn Co Sugar Vz 5% Jan Jan ! 33% —1 Co____l 2.50 Chemical Corp-. Michigan Plating & Stamping Michigan Steel Tube Michigan 2% Jan 6% 33% __ ; 58% 7A« 54 A'a A 47/a __ _—-—.1 Co Ltd 39% 3,100 2% — 23% - Jan Jan 2 i~—-—■—1 Mfg Co Refrigerating Peroleums Merrill 86 • Hormel & 120 -2.50 Ball & 500 10c Co B Border's (AG) Johnson 91% Consol Gold MlneB.. Corporation Holly. Stores Inc__ Holophane Co common Hoover Mead 24 Holllnger Class McKee Jan 8% 7% 7% —' 16 Ah 38 Midland Jan Jan 780 Jan Jan Jan 147/'b 8,600 12 % 4 Va 5% 2/ir Jan 31A 2 Jan 54 % Jan 1,300 Jan 5 44 3% 2,100 8% 2% 36 A4 a 5,700 Jan Jan 51 % Jan 2 300 Jan 7% 15% Jan 4: 5 Vb Jan 10% 14A4 -1 6%> preferred—— 10 Micromalic Hone Corp —1 Middle States Petroleum common 1 Midland Oil Corp $1 conv preferred—* 33 ! A% 7,900 29% x14Vb Jan 15 % 5 Co common * Co_—.———1 90 common— Industries Co 4 32 —1 A Oil Inc common Aircraft Corp W) (J 2 4 ;i Holly Home Mays 90 * pfd & Co Inc common (R) Class Hofmann 4A4 32% 8% 5 * -1 Jan 4 Vb 8 8 Vb 14 % 10 V* . £1 Ltd Massey-Harris-Ferguson --100 5%% common Products Inc Galion Heri-Duty Co 1-100 common Co Co & Communication 1% C 1%" __ ~25C & preferred Henry Hercules 4 __ ■ ' 13% xl4 5 3% $ Jan 5 6% A4 * Co Marine Ltd Jan 3VA • Co E) (W Co B) Rubber & 2 2 __10c Rubenstein Helena Heller (The Tire International 58 3% A? Jan Jan ——1 37 1,000 58-% 2 1 Corp , 100 38% 58 IOC Bishop Inc — Co 2 Aa 37% 5% 18 Va Jan 1 Mesabi Iron Co— 1 Metal Textile Corn common——25c Metal & Thermit Corp 5 Jan Jan 27 4 Menasco 10% Jan 6 Products— $2 non cum dividend shares Mid-West Abrasive——— 600 12 1 Co Co__ Bakeries Inc__ Lithographing Co__ Hazeltine % Jan 17 Va 1,900 Merchants 3% Jan 27 5% , 5,800 Jan 34 .. V2 Jan Jan .. 6 Jan Jan < ^ 100 4% 7% Jan — % 5 __ 6 10 Jan __ 4 % 12% Jan • 6% Jail 82% 5,900 4 2 — Hathaway Havana 38 A 2 10 Light Brewing Hastings 11 . 36 A Jan Jan 4% Jan 75 200 3% Aa : 3 2 25 Harnischfeger Corp Hartford 34 3 A 35 —1 Company Jan • 1 common— Manischewitz Michigan 2 — Organ 12% 5% Jan 2 Vis 130 Jan — Jan 18% .90 87 12 —. Jan 10 58,300 4% 100 Jan 2% 6% 3%; 12% 8% 130% 10% i common-—_5 Jan Jan Jan 162% 1,700 ''10 , 1A 13% 6 Jan 5,30:) 300 Jan Jan Jan Jan J11% 10% 1% 13 Aa 4 Jan 1% 15,300 7 7 % 11 100 2,600 12% 127 1 Jan li3c 13",a 22% 154 5oO| 2Aa 7% 1%,J H Hall Hammond Stores Jan 9% Jan 2% 4,5J0 3 Jan 2% Jan ■ 5 & Mangel *1 IT Jan Service Public 79% Jan 2 31/4 Jan Jan 10c -50c Mages 27 Jan 500 9c preferred Inc Publications 9% 600 Jan 2A/a Jan M Macfadden 1.800 j'All 2% 600 3% -2 16% ^26 10''» 9,000 22% 30c .—2.50 — 500 Industries— & Corp Lynch 800 9% Jan 3.% 2% 1 1 Co Sporting Goods.. Magna Oil Corporation * 70 50c Inc (The) Jan Jrn 8% 19% Jan KFV4 Aa Jan —5 Chain 97 % 26 — Steel Jan 12% • 17% 11% * 92% to cc 1 0 2,300 • pref Common Jan 100 :i Jan 19'% 2,900 10c Inc Groceterias second Loblaw 1% 700 2 % Jan 13A/2 2,200 1 10 Jan 19,400 A 18% Jan _I Ltd 1% 500 )12:A4 2 8 Aa Jan 12 25c Inc.. G) & Shipley (The) Co Longines-Wittnauer Watch Co Louisiana Land & Exploration i»,<31V2 2 % ■ (R Lodge 18 3,300 1 Jan 11 Vb 1,800 3 Inc 50 8A 25 1,700 3% 25c 14,900 5'2 500 17% 13% 12 V2 5 common Industries Locke Jan 3,550 % Jan 25 Va 3 Ass 5 of N Y cumulative preferred -Litton Jan 17% 72 1 Leases Company Gypsum Lime % 39% 26 * —_>_100 B $4.50 6ft Jan Jail 801) A97 Jan 11 'At ' Petroleums McDonnell Co— Chemical & Company Stores Products Class -j I 10c stock common Oil Films 7% 500 83,400 , Tourneau 5 % 200 136 % 24% 3% 10 Liberty Fabrics Pacific Tea— Freehold Guild A 5 Inc Industries Grlesedieck Grocery Jan Jan 4 Hydraulics Gridoli "2 1 preferred- 1st 16 14% 50 common Varnish Manufacturing Lakes Liberal 16% i 17 1 Co Manufacturing Amer 7% Mines Manufacturing Non-voting Le Jan 12%, 13% 10 Ai| 10A« 30/;t: • 1 Great Great Feb 3 30 A 13% B class Gary . 2% Feb 12% Inc Rapids Jan 2% 8 ' '2 > •u—• 1 Consolidated Goodman 2 1,500 5%^ 8% 10 Co & Co Union Globe 2,30 J 2% . • Corp Distillers Gienmore 2% ' 12% Jan .—5 Co Refineries i%'| i /t i. Co.-— Gladding Leonard 96 97 Mines.,—,,,—1 common Giichrist 1% • —* . Gold Yellowknife Jan a -,a 28% 1 . preierred $5 preierred $4.o0 Giant 5% i Jan 23% 12% 50c Jan >4n 1 98 , 1 common 5% 28 ',2 ,20 Corporation Stores Inc 300 •, Jan 1 University 5% 17% 418 17% 50c common preferred Extension Realty ?'» * Jan 96% 500 24% 2% 10 12% 75 pesos Ltd Sessions & Lefcourt 7% Jan 3% 200 110 1 Industries Inc Salle Jan 7lit 5 common La 4% \ £l . Enterprises convertible 5% reg Jan Jan 15 13% !> 1 13 A« 5 Foundry Corp Lamson Corp of Delaware Jan Ltd— Co dep 27/a 98 1 Lakey 3% 25 Feb 14 5 A__ 3 DO f 4,100 13 A/a Jan u " Lainson 2 *4 % 2 % 21 33V2C Laclede-Christy Company L'Aiglon Apparel Inc 2 Ait '»» <5 Jan 7.50 5% A —.♦ com_-l Co Supply Corp convertible preierred 1}^ 2% 5 Stores 4A1'"| 4% warrants 26,500 '' Jan Lear —1 common 2»'ff - 2% ' 4,9ff 7A« Jan __1GG preferred 5 Jan 1,600 200 Jan Jan 112 10,300 ' 4% 17% "2% I Kropp (The) Forge Co Krueger Brewing Co ■ 31 Jan 300 17% 1 Co___ B) Rubber Hotels Corp Jan N ■"£< % 13 1 10 2 31 — Jan 1 25 17'/e 10c Products Lanston common 2% Jan 23 % 24 2.50 24'/2 10 A i« 2% 5 Jan • • Co Jan % 98 r Power | 2% 4% 13 Va 13% 5 Jail • 1 i'ii 25c Co (Del) 9 Vb Feb 2 1 10'4 200 7,700 47,300 1 4% 50c pid—100 4%% Inc_ Kin-Ark Jan 8% Electric 22 V* : 2% • lif 4% 4 Corp & Company & Co Jan c Gatlneau 2 % % 15c Chemical Kldde 45 7%. Jan 2;i 15%-; 16 / — Katz (D) Gas 31g Jan 8% .4 A 8% —5 Co A) 7 1,200 M 4 |A; IhB'i 7 •! b , 1 Company Kansas Jan - 4 —1.25 Kaltman 22% J an Jan iV 2" reg Inc Jan 10% 6 1 Ltd 100 107% 2% 1 common— 800 112 Ltd— Co 8 Co 2,000 9% 107 4 — Jan 42% 'iJaifVC 10,300 10 A -1 4 9 Ab 3 ' — Industries 8 VB 112 107 A • _ dep rcte ord Fresnillo 10% 3 450 „■ 22 Aii 5 22 A« % 9 • non-voting B Pitt 10 A 4 1 Canada— A Amer .1 19% 700 45 -7%t 1 Inc 1.000 714 44A«t 8 Ab 7% 29,800 7 44% r GOO 3% 3i« ■ ■ 10 7% Jan Jan K Kennedy's 19%; 20 : 3% .—2.50 Class Fcrd 1 _ Glass Kawneer 7%| 7% 11% 2% 1 i_ Air Chute Israel-American Oil Jan 4 Jan 1 — Ltd— ; 42 Jan 1,300 Jan 500 18,000 3% —10c 10 com 10% 2Aa Jan •I'M 8 Aa !_ ; 1,100 2% . 20 10 9% 13 % 95 Inc c___* 11% 2% Corp 10c Israel-Mediterranean Petrol Corp Inc-lc 3 A2 3 Vk 3',4 2Cc pfd—_100 1 10c Irourite Manufacturing v t 11 11 5% 16% 12% a Fireman 49 % A2 11% Jan — Class Pert 3.90% Jan Co— & of 33V3C i____1 pfd__100 10% Stores Motor Co 16 (Phila). (M H) Jan Company 1,900 Inc Tiger 6% 1,000 10c Fiuslmmons Jan li 1 Sterling Jan 4% 1012 Ltd— Association 8% 2,700 10% General frin*nciai Jan J an 5% lfi'/it Co Camera Oils Fargo 49% 6% 5 ld% common & Jan 7% 38,900 100 43% 7% 10 A a Iron 28% J Factor 43% 7% 5% Royalty Public Service titylt 48 % ——1 .— Pipe Line 26% Oil Investors Jan Low 5 . 10.200 Corp Corporation Eureka Intex Jan Range Since Jan. 1 High Co———__10c u 1st preferred Inc % Shares • A capital stock-* Products International Resistance Jan 7% 0J'.} % H preferred & Steel Manufacturing Eureka International Petroleum Jan 2,200 " _ convertible Esquire Jan 19% j • Industries 28 common Inc Forge 6% cum 162% 200 Machinery 27 iy Freight Corp Electric 5% Empire Mill work Corp Equity Corp common $2 Metal 31% for Week of Prices Low 28"u District Erie Cigar International 162%' Jan 2 27 Va 8 O'.H 1 Air Empire Jan Feb International 177% Sales Range Par Jan 24 ;—— Last ■ale Friee nv« 27'/? Feb 177 Week'* Friday I American Stock Exchange America 1 _—______5c Corp of Corp £i-Tronics Emery 28 30 Limited— fciecuograpmc Electronics lo» 11 26 '.a i Electric Bond ti Share common™—5 Mines FEBRUARY SlOCKS 700 102 A'2 lo2 lnt—1 class A Corporauon Eider ENDED Range Since Jan. 1 International Deneficlal 01 snares preierred Eao RANGE FOR WEEK , Associates— Sugar Common S2 series •„ ah area Hiah % 27 A preterred series B Eastern Low —1 Corp preierred Sale* for Week 23 A2 1,400 21 Feb 23% Jan 4 AB 13 Vb Jan Jan 2% 13% Jan Jan 3 ft 31 i! 9,400 3 Aii Jan 4% Jan 10 '4 10'4 300 9% Jan 10% Jan 19% 18% 21'ii 12,600 17% Jan 21% Jan 30 32 2.000 30 Jan 32 A'2 Jan 32 24 26 Aii 2,300 22% Jan 26 % Jan ~9 "9% 20^0 ~7 % Jan 9% Jan 47b 4,500 3 As Jan 5 Jan 2.000 2% Jan 2% Jan 1,100 x29'4 Jan 32 Jan 5 Jan 5 Jan 3 10' 4 9 A 'b 4% 4ni 29% x29 V* 2% 2% 30 34 The Commercial and Financial Chronicle (638) AMERICAN Week's Friday Last RTOCK8 f hares Low Bristol Oils Ltd— British New Chamberlain Dominion 1 Clock Watch & 50c convertible 10,000 14 Jan 6,300 2,',. Jan preferred 2-r« 2 '4 10,300 214 Jan 214 134% Jan 1341a Jan •)» Jan San Carlos San Diego Gas & New Jersey Zinc New Mexico 2 650 1% Jan 2*4 Jan 131 8.800 lla Jan 1% 41)4 43% 4,000 41 % Jan 47% 14% 15 1,800 1414 Jan 16% Jan 10,800 1 la Jan 1% Jan 11.1 1 % ill I 1'% — 1% 114 13,300 114 —I _1 Oils——— New York ~2% York & Honduras Hosario— —110 New York Nickel Co Merchandise Rim Mines Norfolk North Jan Jan 2,100 4 la 4% A 2 hi 1 —- 2 3 2% 2)4 Corp..--.—.—. Jan Jan 3.« Jan Jan 6 Jan Jan 3)4 Jan 91a 7,100 814 Jan 9% Jan 10 101a 900 9la Jan 10% Jan 38% 38? 300 3814 Jan 40% Jan 41 a Jan 41 a 5)4 5,'c 514 8,400 5/„ Jan 9 % 9', a 9 'a 5,000 914 —— • North Penn RB Co— Northern Ind Pub 1 .—— Serv —50 4 Vi'« 86 Jan 8814 8814 91 la 120 1 6! it 6% 6% 35,000 5 j'g _ 2% 2 2 la 4,900 1 1 la 5,500 114 14 Jan it!' * ^ Jan J an • Uranium Mines Ltd Nuclear Corp of America——. Class A Jan 77% Jan __ _100 pi'd Northspan 7614 — Jan 5)4 10% Jan Jan 7 its Jan 2)4 Jan 1)4 . Jan Jan Oil Company 3% 3", 3 "'is 10,500 Ogden Corp common..-—..—_—_ „_50c 14% 13% 1514 11,700 61% 62 Brass Co class ; B — common * .. Ohio Power 4%% preferred——. -100 Okalta Oils Ltd|— —90c 10014 40c cumulative Omar * 3% 137« Jan 16)4 Jan 61 Jan 63% Jan 320 95 Securities 2 ill 7114 Seeman Jan Jan ...... Bros Seton Inc Leather Sherman Products 4% Silex Co Silver 10 16 % Jan 18% 2% Feb 3% Jan 15% 3,800 14% Jan 17% Jan 2% 600 1% Jan 2% Jan Creek Silvray —mi 10 9% Jan 1% 8,400 1% Jan 200 12% Jan 4% Jan 10 % Jan 4% 1,300 8614 Jan 92 Jan 24 Jan 25 )4 Jan Skiatron Jan 50 8% 2.200 CO CO 90% 5U0 4% 1,500 4% Jar ~.r 116% 116% 300 116'4 Fei 12714 Jan 92 Jah 96 * 8 Jan 1914 Jan 4% 4% 19% 20% 11 7% 8814 Jan 29 26% Jan 600 1% 1 % 8,000 Jan Jan 8)4 92 Ja Jan Jan 5 Jan 2014 Jan 1% Jan 1% Jan 22% 1% 47 47 48% 48 49 "3% Jan 22 % Jan 45% Jail 48% Jan 46 Jan 49 3,000 75 ■ Jan 37a 800 3% Corp.—-——10c % 3,900 \', Jan' Ltd.-————1 1% 17,200 % Jan 3% 1,500 Jan 3% Jan 11% 300 1014 Jan 11% Jan 29 Jan 33 Jan —-1 Mines —25c Inc-i—— Pattern 11% 10;i * ■ 3 4% Jan % Jan Jan 1' Jan ■ r. —111 common— 11 10% 11% 1,000 10% Jan 11 21% 21% 1,500 20% Jan 21% Jan 39% 39% 2.500 38% Jan 40% Jan ; common————. 1—20 39% : _I % Jan! 3% Jan 3% Jan >—10c Corp.-10c 3% 3 % 3% 4,000 3)8 Jan 3% Jan 5 Electronics & Telev Airways 5% 900 2.600 8 116%. —-2 Singer Manufacturing Co—— Singer Manufacturing Co Ltd— Amer dep rets ord registered. Slick Jan 5% 891a % $3 convertible preferred-^— 850 Jan Canada———* Precision Ltd Jan 2 10% —100 Lighting 10 12% 27% 8 Simca American Shares.--^—-5,000 ir Simmons-Boardmrn Publications 9014 Jan 27% , common 87 Jan Jan 1,200 Xl0% ——2 Silver-Miller Jail 3% Jan Jan 20,500 12 7 H 5 mi11IH25 B Simplicity Jan 8 4,100 Feb Jan % As 3 1% 1074 Corp ol' America common 3 Siboney-Caribbean Petroleum C'o_—_10c Breweries Ltd—————_— .Simpson's 314 Jan 914 Shoe Jan 800 : 9 Sicks Jan ti Jan - 12% 1% 2 common Sherwin-Williams of 14 3 •' 10 20c preferred Jan 3% 7% 500 8 2 _1 _j • Jan ••• 1 14% 1 Inc—— Sherwin-Williams Jan — 19 Jan 15% Mining.—. 'inn111115 St Shawinigan Water & Powei 31a ■..V 19% Jan 1 2% Denn 1314 — Jan 19 1% % a -IIIIIIIlOc common Shattuck 514 87 21 * of America.—— Servomeclianisms Inc 300 57a 18 % 100 19 % 19 1 —1 Servo Corp 3'io 3% 600 29,500 19 ■ Sentry Safety ControlCorp class B 3% 1 — Jan 3 76' Jan 7% 1 Airlines- Serrick 13 5 a . —1 Oxford Electric Corp— 101 Jan Jan . 21 19 1% 1 ——50c Corp General—— 1 3 Co Ltd Amor shares. 10s Securities Jan 2,700 275 lit 74 3)4 Jan 7 —i!—%—:1 O'okiep Copper >) i 3% 274 10014 2 ii! 73 73 % 1 — preferred——. Inc Overseas —25 — 100 2 711 —~ Okonite Company common. Old Town Corp common Jan 3 19% • common— Western Class 1 Ohio Co Signal Oil & Gas Co class A— o Oceanic Steel Seaboard Jan 91% Jan 9% Jan 514 Jan 20% !%'/■'■! 17% 5 la 314 Jan 11% 9% xlO% 2% Jan 9% Jan 16 3,a Jan 1.100 19% Jan 8% 16% Jan 1,100 Jan 8%: "9% Scullin 4 17% 100 500 / series.20 Scurry-Rainbow Oil Co Ltc i 5.200 9 preferred 4.4C r/o Jan 5 la 10 1 preferred Cumulative Jan 20,400 7,200 9 9% 18)4 Sapphires Petroleums Ltd—! Savoy oil Inc (Del) -IIIIII. 25c —1 Sayre & Fisher Brick Co— Jan 3 % 10 Cumulative series_!-20 5%; 4)4 % series-20 13)-i 5% 10c preferred 61)4 Jan 3% 8T» . Cumulative Jan Northeast — niyti Co Jan ,'(i 5;! a — Electric 12 % Class B —•!-- —10 North Canadian Oils Ltd.————. —25 Airlines- Low 9 18 2.50 —o 55% 3% American Cement class A Inc 50 50c — Southern-Railway Range Since Jan. 1 High 9' 18 Corp Ltd common..;—.—* Milling Co Ltd 200 13 61)4 •——l — Noreen-Ketay 1% 87)4 101a 4 —-1 —.... Nipissing Mines Lites Inc..——..— Corporation — —10' — Ltd Noma Norbute 2 ,4 2)4 1214 61 common.— Jan Jan Lawrence balem-csrosius Jan 15 St Jan 8714 ..... New Auction Jan 1% —20c ——» Superior J an 114 Process Co common.—— New % 42 1 Arizona Land ~ 131% 3,000 1% —25c — 3,330 K; 17« —50c New 133 VH 134 % 14 ——— Idria Min &: Chem Co —— • 2 1 Co New Pacific Coal & Oils Ltd New Park Mining Co Low 2Jan 214 Hbares mces «r iit Jan 2% Sales for Week Range Sale Price Exchange Par 7H 2/, New & %' Week's Last New York Stock Hign —50c England Tel & Tel.. Haven 1 STOCK3 ii, n 40c Ltd—— Petroleum New FEBRUARY Friday J.ow Monday, February 4, 1957 EXCHANGE ENDED —100 Oil New WEEK Range Since Jan. 1 High w New STOCK FOR for Week of Prices Par New RANGE Range Sale Price New York Stock Exchange Sales ... 7% 7% 7'% 5,000 7 % Jen 7% Jan 2,600 5 % Jan 6 % Jan £1 — . Inc...—----- - ■' ■ —. ' > Sniith Pacific Gas & Electric 6% 1st pfd1—25 5%% 1st preferred-!——25 ■5% 1st preferred—... 25 5redeemable 1st 5% 1st pfd redeemable 3214 29% 28 3 32% 29 % 30 h» 27 % • A,..— 25 Jan- 28% Jan | 27)4 Jan South Southern 1,200 27% Jan 28% 40(1 26 7» 2.100 % 30% Jan Jan Jan 26 32% Jan Penh 26% 600 2514 Jan 27). Jan 4.30% redeemable 1st 26 2614 300 2314 Jan 2(j% Jan 5% redeemable 1st preferred t—25 preferred 1—25 26)4 4.50% 2319 23% 23% 800 22% Jan 24 Jan 4.88% 4.30% redeemable 1st preferred1 22% 22% 23% 400 2114 Jan 23 14 Pacific lighting $4.50 $4.75 div conv $4.36 Pancoastal Petroleum 1 ——— 11 Bol Chemical Company parker Pen Co class Ltd- 25 106% 108 Oils Ilia 1218 ifj '• 1 3% r 4 "511. 1714 Jan 19 3 4 Jaii Southern Pipe Jan 96)4 Jan Standard Factors Jan 24'/a Jan 21% Jan 23 4 Jan 22 34 22% t 100 a 100 1)' 10 101 % 72 Jan 5% Jan 13% Jan 200 1)4 22% Jan Jan 8% Jan 200 Jan Jan Jan 1% 1,100 13)4 75 Jan 72 1,800 6)a 1)4 6 Jan ',8 t 400 3% 3 5 21)4 12% l.oOO 13% •» 72 72 38% 3% "••■--Mi % Jan Jan 1% Jan 6 Jan 6% Jan 3% • Jan .4% Jan • 5% 5% 5% 1,300 5 Va Jan 514 Jan 24% 24 % 50 24 )4 Jan 24% Jan ———1 5 34 5)4 57a 6,400 5 % Jan 5% Jan xl9)4 xl9% 20'a 800 19% Jan 21% Jan 1% 1 % 134 24,300 1% Jan 114 Jan Forgings Corp Standard Industries 914 2,600 7% Jan 54 10% Jan Standard Oil ————-—10 5214 53:% 2,200 52)s Jan Jan 614 Jan Standard 11% 11% 14,000 10% Jan 12% Jan 4)4 Jan Packaging Corp—_——1 preferred ——j—-10 11 % Jan 36% 36 % 37 550 3514 Jan 38% Jan Products 1 13% 13% 14)4 1,500 13% Jan 15 % Jan Shares Inc common——1 Standard-Thomson Corp 1 16% 16% 17 1,100 16% Jan 17 Jan 4% 47a 300 4% Jan Jan Feb Standard a Jan 55% Jan 58 300 18% Jan 19 7 i 11 1 5,700 1)4 Jan 6 14 600 2 V 1,800 614 2 Jan 6 Jan Standard Jan 5% 800 )4 6% Jan Starrett (The) 2% Jan Steel Co of Parts Jan 114 131.. 1,900 11% Jan 13% Jan Steel 11% 11 la 1,700 11 Jan 13% Jan Stein l:t Jan Sterling Sterling Sterling Sterling 1 1 51a 1114 1 iV 1 1% Hi 800 1.4 1 A Jan HI 20 1914 201a 2,400 17% Jan 21% Jan 93 la 93% 93% 4,550 93% Jan 9414 Jan 61-4 614 500 6 Ve 6% 500 6 Jan — Standard Jan 400 19 V 111 (Ky) Convertible Mi} 58 la 5 la Co — Tube class B (A) Co Products 6% Jan 6 % Jan Stetson Jan 24% Jan Stinues 900 1 % Jan 2 Jan Stop a 2,400 5 % Jan 6 Jan Stroock a 23 7a 2.000 22 % 23% Jan Stylon 814 8% 400 8% 8% Jan Jan 00% Jan Jan 5% Ja Sunset Jan 54 % common Jan 57 Ltd—.——1 4% !—* 5 4% 53 As 53 13.600 4% 150 53 900 16% 11 (Si Petrol 16)4 {'n 1 81 —-1 16% 17 3 '14 • 15 Jan 16% Jan Jan 14% Jan 13% 13% 300 Jan 13% Feb 2)4 2% 2,900 2)4 Jan 214 Jan 2% 33 4 127,700 2% Jan 3% Feb 32)4 '29)4 32% 8,100 Jan Jan Superior Tool & Die Co— % Jan Swan Finch 13.600 6% Jan 8)4 31% Jan Jan 33% Jan Jan 20% Jan 13% Jan 14% 3% 3% Jan 10,200 3% Jan 3% 600 10% Jan 13 Feb 2,000 12 % Feb 14 Jan 7,400 3% 13 11 13 12% 12% 13)4 3% 3% 4 3% Jan 4% Jan 58% 57 % 1,600 56 % Jan 59)4 Jan Jan Feb Jan Inc Jan 29)4 100 14 14 Superior Portland Cement Inc—__'—_* 17% 13 19 Corp—-1 Jan 5% 2814 1 nv 8 126.100 8)4 u 614 Jan 500 200 1 Talon — —2.50 America.—.10c Jan Jan 16 a * ——— International Jan 74 3% 5 common Corporation Jan Jan 5% Jan 16% 6% * 1 — —-—— Co <5v 6 1 ?% Jan 4% 2 r« Ray Drug common——...j——-25c Sunrise Supermarkets Corp—..1 Jan common——— Corp__. 7)4 71 Jan 13% Sun 22 7 B ) (Hugo) 150 coiniiion_5 Jan (J 600 2,000 5% 14)4 6% Brewers Inc——1 Inc _——I Precision Corp (Del)-—-—10c Shop Inc. 738 5 72 * 16% 5% & 7% 71 common——— Aluminum 4% 4% 5 ordinary———_* Corporation——————5 Ik. 52'a 714 1 .*—— Corp____————1 Canada 23 »4 2.50 Inc—- Feb 21% 400 ————1 Standard Jan 21). — 40% 700 23 Inc —-——-—50c Jan 614 Ltd.— Jan 24 % 22'.; 1 — 600 23% a 13% 5 __r— 40% % -1 Corp Jan 9% 231a Co Jan 15% Porto Rico Telephone Co__ ——20c Powdreli <fc Alexander common Mfg 6% 15% -—,_10 Mines Jan Jan 57 Dome it Jan ; Jan 22 7II Dredging Corp common——1 $1.60 convertible perferred———20 Jan 5% of 39 7 40 3 23 Standard Jan 5% East Jan 814 1 Metals 62% 15 114 Preston Jan 15% Hit Pressed Jan Jan 17 39% Jan Oil Corp 14% 15% 1.800 14% Jan 1614 ---* 9% 9%! 400 9% Jan 9% 89% 90% 75 85 % Jaii 90% l(i34 Jan 16 16% 1.700 16 Jan 17% Jan Tampa Electric Co 1714 17)4 17% 800 16% Jan Jan Technicolor 5% 5)4 5% 3 3% 5 % 29,500 Jan 6% Jan 3 Jan 4% Jan 2,500 3 —-1 —5 ; J in preferred——100 Puget Sound Pulp & Timber com—___3 Pyle-National Co common———5 Providence Public Gas Service 414% — of — Colorado—• cumulative J.8 Class Texam Texas class B Inc Rapid Electrotype Rath Packing (Thei Co $1.25 Reda Co 41 Pump Co New & common Rice-Stix —- Inc Richwell Rico Rio Grande Vtc Ltd Mining new_ Rome (I) Cable Russeks Russell «fe to Jan 3 Sons 1965 Corp Fifth 21% Jan 24 Jan Jan 10 % Jan 20 <4 100 , "l% F 7.200 1 la Jan 100 56 '4 Jan 38 300 13% 14 5,800 1 1% 5)4 15 "l% 5 % 43% 3 100 footnotes 2% 85 2)4 37 11% Feb Jan see pa ere 1% Jan 61 Jan Toledo Edison 38 Feb Tonopah 14 Jan Trans 7% 4,500 Jan 8% Jan 2.100 !;T 700 1,600 43 % Jan Jan Jan 11:1 A III 5 % 4414 Cont Industries Jan Trans Cuba Oil Trans Empire Trans Lux Jan 2,400 2% Jan 3 Jan True 140 8014 Jan 85 Jan Trunz 2Uv) a 2 )4 Jan 2% Jan Jan Jan 600 39% Jan- 4514 Jan 46 % 7,200 40 % Jan 4 614 -Jan 2% 5,600 2% Jan 2% Jan 9% 9% 19% 2014 15 14% 15 2214 22 22)4 200 9 % Jan 9% Jan 800 19% Jan 21% Jan 1.000 14% Jan 15% Jan 900 2114 Jan 24% Jan - —— • 4 88'4 87 r!n 4% 5 600 1% Jan 300 85% Jail 3,100 13 4 1% • 87 4% Feb 5% Jan 1% 92 Jan Jan Jan 90% Jan 214 2% 700 2% Jan 2% Jan 8 )4 10% 4.600 8% Jan 10% Jan 3.400 314 Jan 90% 2% ,_10c 90% 275 85 1 3% 3% 4 Jan 4% „50c 3% 2% 3% 43.600 2% Jan 3% 2 2 2% 6,700 2% Jan 21 ,\ Jan 41 8 2.500 3"la Jan 4% Jan — —_ Ltd—— Hi A, 1 — Jan warrants— 4% 37« 11% Corp.! Temper iV -1.25 Inc class A Co Oils 1 98 2% -100 1 2% Jan Jan li 4414 ■ Ja 11 43% Jan 11 1 95 2014 —20 — 50 42% 10 preferred 2 9,000 98 2)4 46 70c 4)4% 714 3,200 % % 98 —__—25c common 2% 2 2 —1 Mining of NevadaAirways class A_ Tri-Continental 3 .21 13,« 414 7% 7% —-—5 Cavibbean 11% 11% 23.200 11 Jan 12% Jan 36% 36% 200 36 Jan 3~% Jan 30% Jan 3014 Jan St Corp — Inc : —* " Jan f 28% 28 3 300 28% Jan 29 3 8 Jan 1134 Ulen 11% 12 900 1078 Jan 12% Jan 41 % Unexcelled 41% 42'4 900 39 Jan 44 % Jan Union Gas 4 1 Management Company Chemical Corp— Co of 20 )4 * 18% _1 1814 3% ...1.25 3% 314 1 35 Jan Jan u 5 Co—. 13% 30% deposit rets def registered .__5s Shipyard Corp Toklan Oil Corp- Trans 1 5% 44% 85 2)4 Amer Todd .3 Company Jan Jan Inc———,—^10c Inc—. Jan Jan 14 12 29 preferred in * —__1,50 common C) Jan Feb 2.000 1,000 Roofing Inc.-.. —1 Tishman Realty & Construction —1 Tobacco Security Trust Co Ltd— Amer deposit rets ord registered £1 _£1 reg common-— Aeronautical Jan % 1 - Jan 2314 56% 37 ———1 Inc Ave 20 ' ii - 1314 Ryan Consolidated Petroleum-—«, 'Ryerson & Haynes'common 1 For Jan 41% 500 37 —I pfd F Inc dep rets ord Field (The 1314 1.500 11 56% 50c Roosevelt Raceway Inc Ross (JO) Engineering Corp Royalite Oil Co Ltd Ryan 1% Royce Ltd— Roosevelt Jan 43 1 — Rochester Gas & Elec 4% American 45 41% 12% 12% x30% Corp..— Markets 700 12 x30 1 common Co 12% 12 30 Tilo Valley Gas Co— extended Rokeach Rolls Thorofare Jan —* — Co Corp Jan 26% 5 — — Petroleums 32 Jan — ..50c —— — Argentine Ridgeway . Engineering!——5 Remington Arms Co Inc Jan 26 1 — .... 29% 450 20 1 1 — . 900 26 % 10% preferred———20 (Robert) & Co-Reiter-Foster Oil Corp Electric la 31 % 26 1 —_ Reis Reliance 31 26 common... common-, convertible Co Chemical 70c convertible —1 common——..—10 Reading Tube Corp Shovel 12 % % 5 —7 common Thompson-Starett Raymond Concrete Pile 12 5 — common Power & Thiokol R common. Oil Corporation—! ——1 Calgary Co— 25c Light $4.56 pfd:— * Texas Co A common!. Thew Quebec Power 33 , A%-, 3 ' B 33 4 5% 19% 8.290 4 1,900 3 % 1,200 34% 500 4% 5% . 2,200 100 Jan 22% Jan Union Jan 20% Jan Union Stock 3% 3% Jan Jan Feb 4% Co Yards Jan United Aircraft 3 '8 Jan United Asbestos 35% Jan United Cuban 4 Jan 4% Jan United Elastic 4% Jan 5% Jan United Milk of Products Inc Corp Products . 700 66 2434 400 24% Jan Jan 9 20 "6 Jan 6'! Jan 7 Jan 67': Fei: 9% Jan 24: 57« 61 a 2,600 5% Jan 6% 1 6'4 6 )4 634 11,500 61 ♦ Jan 7% 10c 1% Ha l5a 19.400 1'% Jan 1% 32% 32 14 32% 500 ,4i k» ,,.4% 500 common—50c Corp Oil Jan Jan 800 24% 67)4 4 Omaha— 5% 5% 200 63a 67 14 55a "6% * — 53ii 6 % 6614 10c —5 Canada Investment 16% 33 4 " 400 114 Royalties Jah 43% 40 51 43% —* 300 5% & 2614 Jan 2 Stahl-Meyer Inc 2,400 614 Lambert CoPrentice-Hall Inc common Jan 914 1% — Canada Jan 4% 15% 214 Co———._——25o Corp of Jan 1% 5% .* class .A—- 12)4 Jan Jan 571/4 Corp.-——1 Products Jan U 814 19 10 pesos common Jan Jan 42 % Line—..————1 3% 52,500 Ml 500 ' ——10c common.— 51 24% 400 corp_-2 Inc Royalty Co Spear & Company— Specialty Stores Co Inc Spencer Shoe Corp 300 6 Jan 400 a 25 Southland Petroleum Co 151a 1% Scale Mining Progress Materials 8,300 50 25% x25% 12 Jan 10% 4)4 58 la Aircraft Oil Southern 31,600 .Tan Jan 700 6% — Prairie Southern California Jan 814 Pittsburgh & Lake Erie—L 4c>!;*A—w'50 Pittsburgh Railways Co.——.— * Pleasant Valley Wine Co 1 Pratt Jan 3 15 ..20 Governor Power Jan 91 Jan 9 Pioneer Gold -Mines Ltd—— —1 Piper Aircraft Corp common......——1 Poioron 108 Jan 214 1514 & — Pneumatic Jail 8414 93 18' 9 10414 1 ——— Polaris 330 380 95 -2 Philippine Long Dist Tel Co Phillips Packing Co Phillips Screw Co—: preferred cumulative preferred— 7,700 3 171 ii la Corp__———_———2.50 Minerals....,...-—.1 Circle Pierce cumulative Co—————-2.50 Boys (The)———— Pepperell Manufacturing Co (Mass) Plasecki Jan 15 Patino Peruvian 9714 -1 Pep Perfect Jan 57 A—.-—————-2 I 2 Canada 9214 6 —; Corp of 70 9014 14% 36% 42 7 preferred..——-25 97 2% 300 900 11% 51 preference———25 preference-!!—25 cumulative 4 1 Parkersburg-Aetna Traffic convertible Jan 1 ... Park Penn Jan 91% 96% 1 Corp Class B 92% Jan 9414. j.—.—1e Motors Jan 84 18% (C Aj vtc—2 Bol Israel Oil vtc Pantepec Oil (C A) Amer shares—1 Paramount 86 % 160 89)4 Pacific Power «fc Light 5% pfd: 100 Page-Hersey Tubes common———* Pan Jan 350 3 16 lit 37)4 25% preferred,;—---,.25 92% * .11—1 10% 15% 36% Edison— 91 97 107% i 11% preferred---'—--—-25 cumulative " preferred— Airlines Petroleums Ltd Pacific * 5% 5% 37 t -12.50 12.50 8914 -^* pfd—.!!1—— dividend California original 5% ; ■ • .—1 common convertible preferred— Northern Co • IIIIi 90% — $4.40 dividend cum preferred $4.75 dividend preferred—~ Pacific 25 Oil m . Sohotone 25% 30% 26 % » 26'% Paper Mills Corp Soss Manufacturing common South Coast Corp common 2,200 26 ■ preferred—..—125 series 1 32 31; (Howard) „ * common.'—I—* . . T> .lan ■5 Q 1.. Jan Jan Jan Jan .Ton . , 35 (639) Number 5609 Volume 185 and Financial Chronicle The Commercial ... AMERICAN STOCK EXCHANGE Range of Prices Sale Price Exchange American Stock United Molasses Amer dep N United Profit J Sharing common ' Specialties common Conditioning Corp U S Foil U —' s. 30% common 50c 4 *. '8 United Corp Stores Corp Universal American Universal (The) Corp Valspar common— Venezuelan 4% Jan Jan 9 Jan Jan 2 16*2 1% 400 29 11,300 1,600 Jan 17% 29% Jan 25% Jan 5% Jan 6% Jan 4% 5 Vz Jan Jan 500 5% 5% • 4% 4.400 4 1," "w issued; when deposit ; "cons," consolidated; "cum," cumula¬ "M," mortgage; "n-v" non-voting stock; "v t c," voting-trust certificates; w," with warrants; "x w," without warrants. Jan Jan "4 being traded flat. Jan 7% 6 Jan Jan Jan Stock and Bond Averages 6% 2,700 6% Jan 12% 500 12% Feb 13% Jan 6% 3,300 7*/a Jan 6 40 Jan 125% Jan 6% % 6 6 1 6,700 "w 12*2 12% — ; Corp Jan 7% 6 % 2 6% . 51% 40 a tive; "conv," convertible; Jan 41 Jan 121 5% 6% 83 3% 150 50 42 SReported in receivership. above—"cod," certificates of Jan 36 1.600 3% 121 % 123 6*2 1 ..... 39 3 4 3% — ,20c Co 36% 38% 122 1 51 Vz Jan 5% $39 2012—Jan-July 2s A) value, Abbreviations used Jan X80 ■■■ • Jan 5% 100 5% 5% ' 53 51% 51 %• Deferred delivery transaction (not included in year's range), d Ex-Interest, a Odd-lot transaction (not included In year's range ), f Ex-liquidating distribution, g Ex-stock dividend, h Ex-principal, n Under-the-rule transaction (not included Jh year's range), r Trans¬ action for cash (not included in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. {Friday's bid and asked prices; ho sales being transacted during current week. Jan 16% 20 *'2 4% 5 1 ManufacturingSilver-Lead (Plan •No par Jan 5,900 23% 20*2 22% 102*2 $51 Jan-July 1997 1 stmpd Janeiro de Rio Jan 55% Jan 54 i-J'-. 17 $65 $100 June-Dec Mar-Sept Jan 1.500 5 ; Syndicate Inc Vinco Corporation ■ Virginia Iron Coal & Coke Vulcan, (Republic of) — Sinking fund 3s Jan — $65 April-Oct 1947 Denmark 5s 1972 stamped (Plan A) 2*/eS 2008 — $47 V2 Peru — Venezuela Vogt 1% 55% ■ —2 Industries warrants.,. Petroleum Van Norman Jan 7% 1.000 8 5 preferred Steel Co Vanadium-Alloys 7% ' common convertible S4 32 % Jan 1927) (issue of Oct A7s Parana $70*/b Afay-Nov Mortgage Bank of ABonds Co Sugar Utah-Idaho ?% 16% 15 Products Jan Jan 800 — — Insurance Universal 8 54 78 ..14 Corp Universal 10 Oil Consolidated Universal 4 * 1 7 Jan 2% 4 4 8 Jan 41% Jan 28% 7,300 30% l*/2 Jan 2 .V Below listed Stock Exchange as compiled the New Yofk on representative stocks and bond» by Dow, Jones & Co.: -Bonds- the daily closing averages of are -Stocks- 10 10 w Aircraft Waco Waitt $2 & Bond Inc_. cumulative preferred Si Tiernan Inc Webb Watch Co common $6 Inc Knapp & series preference— Investors Inc iDel) 4% 1.200 4*4 Jan 101'/2 40 100 *'2 Feb 29 1% l5e 1% 1% 13 ord rets Coal Westmoreland Inc Stationery & com Eagle Oil Internat Inc Stores Corp OH River (The) Corp Williams-McWilliams <R Co.- Ltd Petroleums Ltd. Name Brothers Wisconsin Wood Machine 6ft Zapata Petroleum Corp Steel Stock of J N 2*4 2 * 2 9% Italian Midland 4 88.93 90.22 89.15 90.31, 89.92 90.13 89.30 90.37 89.89 90.20 89.40 90.40 149.59 479.16 31 40Vi Jan Jan Jan Mon. 89.05 88.72 b8.86 Jan Tues. Jan. 29— Wed. Jan. 30 10 Jan Thurs. Jan. 31 Jan Fri. 1—— 17% 12% Feb ■h Jan Vi Jan Jan .16Vi Jan 98 Jan Jan 15 *2 Jan 167s Jan 79*2 Jan 8*/a 7}J Jan 200 Jan. 25, J 7.500 Jan Jan Friday's Bid & Asked Hiah Range Since 91 Vi 92% 121*8 92 */4 91% 123% 89 Vi 10 88*2 . \ 6 88% 84 6 81 65% 1 61% W—' 60 $58% 95 95 1 111% 114 • 90% 11 Z •• 54 54 * 92 53% 92 94 86 — 54 91*% 7 93 186 92%. Stocks Shares Jan 28—„ 1,699.440 Jan. 29—— Jan. 30-a—. 1,799.920 1,947.740 1,924,490 41 97 97 96 102 % 162% "5 95% "95% 96% 10 92 $85 $92 $3,752,000 3,134,000 4,009,000 220,000 2,000 4,357,000 3,783,000 145,000 10,000 108,000 1,676,804 1— 9,048.394 135 $80 90 96% 95% 96% —Mar-Sept —Jan-July $85 86 $12,000 $36,000 4,721,950 93,240,600 5,171.500 103,015,900 19,035,000 $1,070,600 23,873,000 $24,943,600 $97,974,550 $108,223,400 Bonds $12,000 96 82 84 91% 96% — 89 — 82 80 — — 97% 96% 8 96 93*/a 2 89% 93'% 90 90 1 89 90 89 91% 8 88 */2 91% 75 75 3 75 77 102 Feb-Aug Feb-Aug Jan-July June-Dec _June-Dec 97% 93 91% American Stock Exchange Daily, Weekly and Yearly Transactions ai the • 1 99% $84% j 82% 90 $95 Industrial Total. 62 82 $88 — Railroad and 9^,900 136 128 — 102 10 100% —. 94*% 96% 73 77 Stocks Domestic of Dye V<Tasatch Chemical & deb Corp 6s 6s A 1963 ser Water Power 3%s 1964 Webb & Knapp Inc 5s debs 1974 West Penn Traction 5s 1960 Washington Western Newspaper Union 6s • $95% 100 Feb-Auo Foreign Governments and Friday Interest Stock ABaden (Germany) Exchange Last Period BONDS American Sale Price Jan-July 7s 1951 series A 1952 Banks— Feb-Aug A6s series B 1951 April-Oct ADanzlg of German State & Prov Port & Waterways 6%s 1952 Jan-July "4 103 % 100 Government 100% 102 101% 13 101% 100 101 Mon. Tues. Wed. Feb. 1— 33,000 11,GOO 61,000 51,000 $203,000 Week Ended 19 57 Week's Range or Friday's Bid & $167 Asked WQH $23% Range Jan. 1 bold No. Since Low 105 91 21*8 105 91 21% government Foreign corporate Total 46,000 10,000 2;ooo 15,000 78,000 2,000 66,090 $33,000 $32,000 $268,000 Jan. 1 Feb. 1 to Feb. 1 1956 1957 1956 3,588,190 3,783.400 $304,000 Bonds Foreign „ „ of Shares- Domestic 44,000 13,000 \ $203,000 Stocks—No. nigh 190 $107 $97 */a Bonds $34,000 $5,000 36,000 760,025 31 617,195 Bondt Bonds $7,000 794,700 . Jan. 30 $22,000* 687,270 Jan. 28 Jan. 29 Thurs. Jan. Fri. 729,000 Total Corporate Bonds Bonds Shares) Municipalities Low A 6s Central Bk 76% $102 June-Aug 1959 — 76 Foreign Foreign (Number 3,588.190 United 1956 53.223,400 49,837,759 Foreign —— Feb. 1 9,774,684 9,048,394 Government Bank- 92% 92 — — ■ Jan. 1 to 1957 1956 $19,973,000 : D. S. 94% 91 100 $80 Feb-Auy 2%s series C 1976— Feb-Aug 3*/aS series D 1976 Feb-Aug 3s series E 1978 -Feb-Aug 3s series F 1979 Feb-Aug 3%s series G 198i_ April-Oct Southern California Gas 3Vis 1970 April-Oct Southern Counties Gas (Calif.) 3s 1971—Jan-July 3,915,000 $19,973,000 $12,000 $926,000 $19,035,000 8tocka—No. of Shares 97 82 85 $82 I 4.512.000 132,000 • - 95% 3 93 •133 deb 1962_Jan-July Sales $4,073,000. 3,242.000 4,231,000 Week Ended Feb. 1 102% 100 — 94% 94% June-Dec Jan-July 1998_Jan-J«Zy 1981—May-Noo Bond Bonds int'l $321,000 International 3Vis 1964 Total Government Bonds 1957 $176% April-Oct United States Bank Bonds Bonds 97 •• April-Oct Yearly Foreign Railroad and Miscel. 103 8 96 Jan-July Jan-July York Stock Exchange 86% Feb. Fri. Total- May -Nov 365.5 —0.3 326.8 366.7 383.2 Number of Thurs. Jan. 31—. 99% 103 99% Jan-July 325.5 279.7 279.7 0.2 Wed. „ . _ 9 161.5 + Xuesl 117 .... — + 0.1 151.6 156.6 ,Mon, 95 95 111% • i 302.7 304.0 Daily, Weekly and 91% 90% 1 90*2 90% 353.0 Transactions at the New 65'A •«. — —0.4 398.6 280.2 Service 84 65% Jan-July 89 3 i 84 89 Vi 500.8 + 55 52 $124*2 0.7 425.2 440.2 ' mgn Low No. 57'2 0.0 369.4 396.1 437.6 Low. ♦New Jan. 1 468.6 302.7* Utility Sold 418.9 0.4 443.3 Goods Trade, Finance and Mining Bonds 919.0 '■ 366.2 + 396.0 Transportation Jan Week's Bange ' + 0.3 156.8 "l!i 18 % ft Jan 16'2 2.800 High Change '57 LOW 420.5 Goods Durable the -1956-1957- 331.3 "" 332.3 Composite 1 Manufacturing Jan Jan. 18, '57 industry with highs and lows for Percent Jan 74% and by major 1957, for composite preceding week and Jan 16*4 $55 June-Dec 3'/is 1970 1973 compared with the groups the common the closing prices of prices based on ended Jan. 25, Jan 99 ll7i 92 Vi 3 78.87 Jan 23 Low SEC Index of Stock Prices 4Vi Jan Jan 1.100 June-Dec RR 4s & Electric 3% 14*4 2.700 or 3 Jan 6Vi Feb. High Jan 25 Vi Jan 5,500 Last Sate Price 87.71 Jan 1956 94.00 Aug Jan 550 18 90.19 Jan 14 Range for 89.06 4Vi 900 "Mi mt for 1957 Low 89.00 23Vi Non-Durable 17 % Range High 28— Jan 5 *'8 7% 7% Quotation Bureau, Inc. Closing Jan. 3 Jan ' , QuaiVFeb Edison 3s 1965 92.11 38 Jan 16% June-Dec 3*/aS series A 1973 169.91 Date— 29% Jan 15Vi *,i Jan-July Sapphire Petroleums Ltd 5s conv 170.45 70.93 Compiled by National 78'a 13 "1% 197C— Gas Co 6s Harbor Water Power Corp 3s, 71.05 148.79 ' Jan Jan Low 1970 Southwestern Gas 90.22 89.70 92.11 Jan 20 75 Period Public Service Electric & 1973_ 89.57 92.17 Jan 13,300 Division— Pennsylvania Water & Power 3s series B 92.01 169.28 Jan 3% 98'2 7% subord debentures 197 6 Southern California Vi 11% 15 16 England .Power 3Vis 1961 Nippon Electric Power Go Ltd— A J st mortgage 6 Vis 1953— ; 6j/2s due 1953 extended to 1963 Ohio Power 1st mortgage 3%s 1968 1st mortgage 3s 1971: Safe 168.50 70.75 65 2258 16 77 N^w 3Vis 70.57 90.18 147.58 148.45 Jan 800 6*i 334 1970— Power Realization Trust 6V2 ft liq tr ctfs— AprtZ-Oct Valley RR 4% 1963- convertible 143.96 Over-the-Counter Industrial Stock Averages 1,450 25 5*2 40 Bonds 474.59 . Jan 200 334 12 *8 24*i. National Research Corp— 5s Jan. 4.300 "3=8 14% inc debs 1994. Western 90.06 9% 1,300 May-Nov 4s series A 1993 May A 1st mortgage 4s series B 1992—. J an-July Eastern Gas & Fuel 3%s 1965 Finland Residential Mtge Bank 5s 1961_ —Mar-Sepf Jan-July Flying Tiger Line 5%s conv debs 1967 June-Dec AGesfuerel 6s <debs 1953 & 88.93 Jan 9300 mortgage Guantanamo 89.95 2 98 Appalachian Elec Power 3 Vis 1970 Bethlehem Steel 6s Aug 1 1998— Beston Edison 2Vis series A 1970^ Lackawanna 89.49 (•35 Stocks) 23% 350 2834 30 Jan 130 Jan 37 15 Exchange Chicago Transit Authority 3Vis Delaware Lack Western RR— 91.86 Jan 7'/b Jan 350 Interest & Pump 4s 169.67 476.92 — — Jan 90 Jan fV 1.900 Friday A 126*4 39 3% BONDS American — The SEC index of stock £1 • —10c Ltd Hargreaves 1st Jan 10 '/(I 5s preference Wright A Amer 6 % 2% Jan Jan 54 6*4 8 Petroleum common Wool worth (F W) Ltd— American deposit receipts Woodley ities Feb 20 19% Jan -100 12*8 3% 24*2 2 : Inc Industries Rails 22% 1 25 100 1 pfd Lt 4% % & Pwr Newspaper Woodall Stocks Rails 70.68 stocks for the week preferred 5 % 131 200 938 -10 1 1 chgd to common Util¬ trials Jan 100 2*4 (Effective Jan 30) Wilson Jan 135% 29 Jan. Ltd Petroleums Richwell h::. & C> Grade ities roads 478.34 28——. Jan. Jan 25-- Jan. Jan 1% 36*2 Industries Petroleums Wiliich 1% Jan 65 27 1 25 1 5 preferred conv Wilrich Jan l5e 240 X*4 10 Grade IS Util¬ trials Jan. 1% 37 10c Co common Wickes Williams Jan 130 h 1 Weyenberg Shoe Mfg 5% ft Jan 32>/2 65 65 10 Tablet Wichita 17 Jan 8.200 6*2 6*2 130 • 20 White Jan 2 V'o „Is shares Westmoreland White Jan a .86*2 Invest Ltd— Stockholders dep Western 234 28 3 21.800 4 20 20 20 5 —1.25 West Texas Utilities 4.40 % pfd 100 Western Leaseholds Ltd • Western Maryland Ry 1% 1st pfd—100 Jan 15*2 1.200 131*8 13234 132 3% Second Indus¬ 20 Rail¬ Date Jan 104 300 16% 283a 1% 4V4 Jan Total First 65 Total 30 Indus¬ Jan 200 3 3 15'2 Manufacturing Wentworth Amer 3 *2 28*2 Webster Western 1,900 100 "2 100% 1 1 10c • Wallace Walt ham 5% 4*2 • 100 1 __30 voting ctfs ext Wagner Baking Tfo preferred 6% Jan 4% • Co_ 52 52 59 % $53 lll*/2 $160 (Prov) Mortgage Bank of Bogota— A7s (issue of May 1927) 1947 Jan 35% 54% 17 „25c Corp Jan ^ 28% ■ _ Unitronics 12% Jan IIV2 15,400 ;■ 1 Jan 8,200 37% 1% 36 % 1 Jan 36 1 1"2 1*2 3678 States 42% 200 1 Reclaiming Co Vitamin Corp Rubber S United 12 —10c B class 220 __ Air XJ 8 14% Jan Jan 12*2 7,700 35 3 4 11% 1 Jan Jan 40% 41% - —— — 41% of) Germany— redeemed) 153 111 Via 131 May-No a AHanover 35 ' 40% 35% Preferred United -' , —25 Shoe Machinery common June-Dec 1947 6s (City High 126 25 153 153 6*/2s 1949 Feb-Aug ALima City (Peru) 6*/2s stamped 1958 Mar-Sept Maranhao stamped (Plan A) 2%s 2008—May-No» Jan (20% 1939 ,7s 1% Jan secured f A Hanover Jan 208 Jan 1% 3,300 Feb 5i3« Feb 5ft 200 70 1% 1% ______ 200 16 208 204 1% 25 „ 5 5ft. A 206% -100 10 preferred 10% United 5 10s . Canal—— Jan. 1 Low No. High 150 Range Since bold Bid & Asked $127 Feb-Aug 1947 7s Munic Cons AGerman AS ord registered & Sale Price Bonds Friday's or Last Period Low Hign Low Week's Range Friday Interest Exchange Stock American Range Since Jan. 1 High Ltd— Co rets RR United Shares Low Par 1 BONDS for Week Last STOCKS ENDED FEBRIARY FOR WEEK RANGE Sales Week's Friday 20,836,038 17,622,568 $1,021,000 $1,111,000 v 33,000 32,000 $463,000 <R1 574,000 215,000 67,000 $268,000 225,000 92,000 222,000 4f>1 OOO £1 007.000 36 (640) The Commercial and Financial Chronicle ... Monday, February 4, 1957 OUT-OF-TOWN MARKETS RANGE Boston Stock Week's Inst Par Amer Motors American American Tei Anaconda Boston Keiining— sugar & Boston & Cities Service Mass cum 1st 6% cum pfd 122 Jan 122 Jan New Jan 17774 Jan Detroit Stock Exchange 71 431 667i Jan 73'% Jan 54 817 50 Jan 54 177 b 25 38 39% 261 13% 50 Jan 19% 38 Jan 40 Jan 14% 62 % 64% 230 617b Jan 68% 47 32% Jan 357b 64 10 64 Jan 66 First SS "B" Lines Natl General Stores 50 46 Jan 51 51 9% Gillette Co Lone Co— 5 1 - Copper Star 7% Jan 100 19% Feb 21 % 262 4774 Jan 52 ' — Corp when issued— 445 54 Jan 5774 55 53% Jan 59% Jan 43 399 42% Jan 44% Jan 362 111% Jan 1287b Jan 75 337b Jan 35 % Jan 1,191 % 111% 115 — 34% — Narragansett Racing Ass'n_ Service Cos England Electric New N E N Y, Tel N & H Norbute Tei & System 34% RR <N H)__ Pennsylvania RR Union Twist United Detroit Stock S U S Rubber & Corp Co Smelt Rfg Vermont 90 46% 88% Jan 45 Jan 20 __ _ _. 50% 81 20% Jan 227b 420 37 Jan 39% 100 19 516 Jan 20% DWG 26 27 32 32% 46% 47% 895 44 Jan 4774 4074 41% 691 4074 Jan 42s/b Jan Jan Electric 12.50 257b Jan 27% Jan 32% Detroit Jan 31 80 Jan Friday Burger 1—— Economy Baler 49 Jan Federal-Mogul-Bower 58% Jan 63% Jan Ford 92 Jan 94 Jan Fruehauf 55% 54 Jan 58 Jan Gar 323 1 Motors Bear Co— Cincinnati Gas & Electric com____~___a 4% preferred Cincinnatti Mililng Machine 24 24% 24% * — 5% & Gamble Jan 33% Jan 37% Jan 881 26% Jan 28 Jan 20 87% Jan Feb 51 45 67 101 547 45% 86 Jan 88 44% 63 43% Jan 47% 55% Jan 60 Allied Stores 50 19 49% 223 45% 46% 1,894 Jan 31% 38 !r 31% 16 38 16 25 ■< 30% Jam Airlines Cyanamid r . 38 Tobacco Armco Avco 43% 44 112 43% Jan 44% 130 20% Feb 24 71% 71% Manufacturing 3 ^^>ld Steel ~, (new) Cties City Services Products 10 __ & So __ ... Dayton Dow Ohio Electric.™ Power 5 ____1 . & Light 7 Chemical 5 5 Kodak Federated Department Stores Ford 2.50 -----— General 5 Electric _ Martin (P) L) Mead Co New York Pennsylvania R R , Brands Ohio Studebaker-Packard Sunray Oil S Feb 54% Jan 56"% Jail 23%, 24 1,714 22 % Jan 24 Jan 7% 8% 680 7% Jan 8% Jan 40% 40% 40% 13,813 40% Jan 43% Jail % 425 I 3% Jan 4% Jan 4% % 1 2% 4 200 1% Jan 514 18 Via Jan ! 26 Jan 27 ' Jan 17% Jan 18% Jan 5% Jan 5% Jan 26% 5% Jan 63% 68% 6 % —2 ~2% 2% _______—1______3 15% 14% _1 2% 2% 1 400 * 62% Jan 68% 39% Jan 40% 17 Jan 30% 3 29% Jan 30% 2% 100 2% Jan 2% 1,720 14% Jan 15% 3 1,500 44% 44% .A, 168 —1 44% ;8% 1 Products..; 10% 10 8% 2 Paper Axle 1 12% class page 44. 2 Jan1 24% Jan 44% Jan 48 % Jan 8% Jan 8% Jan 605 . 27b .9% Jan 10% Jad 900 2% Jan 2% Jan 405 11 Jan 11% Jan 260 27% Jan 28% Jail 12% 1,588 , 19% —1 7% 19 . 12 ...Jan 12% Jan 995 18% Jan 20 Jail % 138 1S% Jan 20% Jail ,7% 20 7% 216 7% 7% 293 1 __1 7% AL.10 .14% 14% 810 14»/a Jan 14% Jan 1 Packard 1% 1% 800 1 % Jan 1% Jan 20 " 44% Jan 46% 18 Jan 7 7% Jan 8 . Jan Jan 47'% 70 46% Feb 49% Abbott A^me 59% 22 59 Jan 67 Steel 16 181% Jan 192% 29 87 Jan '89% 10 28'A Jan 30% 40 54% Jan 56% Jan 15 60 14% Jan 15% 110 37% Jan 38% 50 15% Jan 45% 17% 5 Can American Machine Rights & Stand & 41% Jan 45% 14% Jan 8 „ 8% 600 ' 6% 67b 300 28 % 2974 30% 2.850 (111) Jan 37% Jan American 38% Tobacco American 25% 15 Viscose- Corp 25% 1 (Un) 10 110 32 10 31% 44% 50 40 17% 30 17% Jan Tel 39% Jan American Jan 27% Jan Anaconda Jan 112% Jan Armco Jan Armour & Jan 32 Jan 44% Jan 19 Tel Co & Company Steel Corp Co 48% 49% 200 337b 2,100 33 Feb 34% Jan 21 lb 1,000 20% Feb 24 Jan Jan (Un) " % Jan 21% 21 Jan 22% Jan 20% 3 19% Jan 20% Jan 48% 109 47% Feb 53 Jan 40% Athey 87 40 % Feb 46% Jan 33% 23 700 22% Jap 24% 4174 1,000 40% Jan 42% 73% 1,400 71% Jan. 747/s Jan Jan . ' 15% 200 35% Jan 15% 34% 34% 300 36% % 17/64 _ 17 %. 32% Jan 35% Jan Avco 51 20 59% 1757b 78 34'/a Jan 10,500 % Feb 57 b 400 5% Jan . 17% 17% 2,900 17% Jan 174% :1777b 2,900 170% Jan 177% Jan Topeka & Santa Common 787b 300 73 % Jan 78% Jan 900 33% Jan 37% Jan 67% 707b 1,100 67% Jan 557b • 72% 55 Jap 57 2,700 55 Jan 643i 14% 14% 1,100 14% 1 Jan 16 % Jan 17% 17% 600 17 Jan 18 % Jan 29 % — — 17% * 29 % — 29% 200 247b- 247b 1.600 Fe— 10 Corp 24 % 4 15% 151b 15% 10 437b 437b 1.50 Manufacturing Corp ; 3 Jan 174 Jan 67b 674 1,000 Jan 7 Jan 131b 1374 800 12% 70 6% 47'4 70 100 69 57% Feb Jan Jan 22% 22% 6 21 Jan 22% Jan 3% 3% 393;, 40% 37% Jan Jan 3614 36% 61 61 ' 60 40% 58% 136 58% Jan 61% Jan 57% __ 58% 349 55% Jan 59% Jan 52% 57% Jan 114 51 Jan 7% 7% 60 7 Jan 25% 25% 25 13% 13% 61 105% 107% 50 18% __ 54% 44% 25% 13% 105% 8 Jan 27% Jan Jan Jan 13% J&n 113% Jan Jan 18% 18% 194 18% Jan 19% Jan 62% 65% 360 62% Jan 72% Jan 54% 55% 177 54% Jan 58% Jan 44% Jan 45% Jan 44% 44% 10 \ Bendix Aviation "Corp Benguet Consolidated Inc Bethlehem Steel 58 58 $3,500 57 Jan 58 Jan Coi-p * New Binks Booth Borg common 13 % a Fisheries (George ___ Jan 14 % Jan Jan 70% Jan Jan 3% Jan V4 Jan Brach Brad & (E Gear • : 8 Co lo Jt 30 % 35% Jan 36 61 Jan 62 100 1% Jan 300 178% Jan 1,300 44% Feb 200 27% Jan 1% Jan: 196 % Jan 47 Vb Jan ' Jan 30 Jan 1574 50 Jan 16 Jan 26% 300 26 Feb 27 Jan 500 41% Jan 4574 Jan 15 % 41% 42 76 76'4 200 76 Jan 2% 1,500 2 Jan 2% Feb 1814 18% 600 18% Jan 20 74 Jan 13% 137b 900 13% Jan 14 Jan 37% 2% 18% 1 ." 2,700 26 2% 13% 5 I 46 5 Corp. (Un) Corp 50 15% 26 —* 20c 44% 29% 5 Works -1% 178% 182% 447b 5 Corp Company : Burlington Industries Inc Brothers. 179 1 Budd Butler ^ 3% ~ 17b Corp Sons Foote 100 * Corp W) Borg-Warner —5 (Un) (Un) i w Manufacturing Burton-Dixie „ 13 * 58% 52% L ,_ Jan Feb Jan 55% ; 15% 143 431 29% (Un) Jan 100 800 Jan Co Jan Jan 2,500 Jan Bastian-Blessing 29% 26 7 b 1% 53% Baldwin-Lima-Hamilton Jan Jan 44% 27 % * Jan 1 1 87 1 Jan 67% 5 . Products J an 34 % 13 7% 18 Jan Jan 73 68 „ 32 6% 33 % w Jan Atchison Jan 5% 57 b 5 10 Atlantic Refining Co Automatic Washer Co 75 160 Jan 72 % 57% __ 55% 41% — 53% „ Jan 15% 7 _50 :Ash'and Oil & Refining common $1.50 conv 2nd pfd : Jan 50% 58% 47% 227b —25 common. Feb Jan Jan 33 72 ___25 (Un) (Un) (111) 33% __ 7 31% 20% - 10 100 — 40% __ 9% Jan 20% — _5 San Jan Jan Jan 33 • __1 I 8% 6% 28 % Jan 34% 47% „ : Corp Rad 20% 40% Jan % Motors American 21% 47% 13% . American 5 17'/8 __ 600 _12.5o Foundry 38 44% __ Jan 137b 1 (Un) Co 38'A 32 __ 38% 13% 1 Cyanamid Co Investment Co 35'A 112% 112% „ 40% Jan 10 Paramount Theatres (Un) ; 25% __ Jan 33% Broadcasting 35'A __ 38% 500 20 . —. 38'A __ „ 1,300 5 (Un) American Jan 45% Airlines American Jan 16% Corp Mfg Chalmers American Jan 38% 16% . 15 37% — 38% Hlfjn 38% 34 * , Range Since Jan. 1 Low 38% —— 1 American Jan 55% Castings— Corp (Un) Laboratories Paper Shares ___1 _; Aluminum American Jan 28% 55% — for Week High 33% Alleghany Jan 28% 28% Range __10 Allied Ailis only Sale* of Price* Low 5 Co__ Corp Advanced Jan 181% 134% 88% 88% transactions Week'» Last Laboratories Admiral Jan 59% _. Exchange round-lot Sale Price Jan 46% ._ the Par Jan 46% compilation of 27% 1998 . 11% .20 1 B_—. Jan .3 Jan Jan 28% 12% 10 Tube Jan .. 1,011 8% 10%. •2% "2 11 !_—___5 _, „ Jan Jan Jail" 28% —A_5 & Manufacturing Burroughs see 2% 19'A -Friday Feb 44% BONDS— footnotes Jan Jan 7% 100 STOCKS Jan 44% __lo Cincinnati Transit 4%s 6% 27'A Jan '785 Midwest Stock Jan 30% 12% „ W) Jan 2 * Jan Jan 22 A . Jan J air 7 , 2 A 21 1% 2% 18% „ . 15% - 53% 16% Westinghouse 5% 25% 2,420; 200 7% 21 1 A Jan 28 • rUS steel 300 27 7 27% 1 1%, Jan** " 26% ' — Jan' 600 170 26% 38% • 1% 18 800 —11 Jan 2% 2% 18% 26 v 27% 5 Carbide For 37% 50%xJan sS'AMan 1 Shoe (F 64% 30% __ lo Edison Woolworth 32 63 __ U 4% 125 23% 1<> Co Jan 100 1,609 5% Welding 4"% 4% 56% 17% common Jan Jan 37% 56% 10 ' Jan 4% 21% 4% 57% 7 397b Jan Jan 37% 5% Udylite Corporation Wayne Screw Jan 25 Standard Oil (N J) Union 65 544 • (Ind) Jan 374 19 55% 37%; 17% W) Studebaker, Jan 5 3774 162 3 Jan 59% 15 — of 336 10 B 7 9,722 374 19 ' 3 class Co Oil 39% 3% Jan 70 44 10 39% 19 2% Jan 198% Jan 17% __ Toledo 46% Feb 60% 40% „ Mobil Oil Jan 179% 17% • Roebuck Standard 44% GO Jan 5 Standard 70 25 Jan LiO 39% 1 —1 Champagnes Metal Jan 53% 33>/2 Jan Jan 14% 39% 50 ____ Standard 7% Jan 415 1 _ Radio Corp Republic Steel Reynolds Tobacco Socony 13 41 5 Oil Sears, 3 40% * _ Espsi-Cola Phillips Petroleum Southern 13% Jan 39% ______5 Central Pacific American Pure 5% 17% __ Pan 125 40% 5 Jan 77b —1 Jan 317 25 Lead Northern 6% 65% 54% ;_«• Distillery National Jan 62% 63% • Montgomery Ward National 55% 53% 3 Jan 157b Jan ' 53% —• Co 4914 Jan : A Jan 72% • 64% _. „ The 298 44% 46V4 179 ^ 184 66% 67 __ •——10 — (Glen ' i Jan 1% General Motors Jan Jan 15% 721 Jan 77 5 Greyhound International Harvester Lorillard 57% 13% —.10 — & Spring Standard Allied Pont Eastman Jan 6% __ • __ Curtlss-Wright Du 67% ,' .... Gas Columbus 100 70% __ Columbia 177% 55% 179 '<6 25 79% Jan Jan 68% 45% 25 Feb 73% 56 * ;%rr & Ohio Chesapeake 71% 170% 20 68% 8 Chrysler Corp 65 114 76% -13 Bethlehem 73% 173% 176% 76% 50 46 175 7 - Feb Jan 176% -10 1,094 15% 7 4 74 Jan 21% 25 Steel J—_ Dillon Sheller Jan 20% 100 Telephone & Telegraph 48% 47 7 10 •____ , & Raisin Scotten Jan 20% ...10 American American Anaconda % 157 b Rudy Manufacturing Jan 43% 1 .... Jan' Co (H Rockwell Jan 7.-31% Jan River Jan 50% Jan 36% . Jan 50% 44% • American 17% __1 —:_A_______: Electric Davis Rickel Jan 44% ___ Refineries Prophet Stocks— American Jan * (S S)__— Peninsular Jan 319 45% - Parke . Unlisted 1674 1.66% Chemical & Michigan Sugar Feb 56% 46% 5 - 1,045 1 Bearing Wines National Jan 20 43% __ : 17% 5 Masco Screw Products J. Jan 101» 56% 49 ——1 Printing-common 95% 50% Feb 20 - — 56% 2 ?TaEidr, S Jan 17 Feb Jan 101 (new) Leonard 24% • Procter Jan 5% - 25 ' 88 Kroger Feb Feb 45 Inc 25 Jan Jan 87 • 70 1 & Heater LaSalle 24% 101 .10 Jan : Industries Co Kysor Jan 22% 45 Art Jan ;—1 Manufacturing 30% 75 101 87% Jan 150 95% Kresge Mi** "15 27% 92 23 200 357b*: 36% 27 28% 301 23%' 23%. __ * 25 5% 277b 50 Jan Jan 3V2 5 Electric Motors Ironrite Range Since Jan. 1 ^Low 40 5% __ Kahn U Shares - 30% Eall Howell __10 N O & T P preferred Cincinnati Telephone..Eagle Picher 1 13% 13% _____— Lakes Oil Houciaille ,—1001 C Gibson High 24% :_100 Jan 647b : — Industries.:— Paige Hoskins Sales __ ■ 247b 135 Brewing Hoover for Week ^ 30% 5% • Jan 1,003 — Trailer Wood Great Exchange Range 24 „u _ ___ 23% _1 ; 427b 10 Low ___„10 — 215 1 77 Week's — 1 Carey Manufacturing Champion Paper commoni Jan 24% 2,900 : 45 of Prices Par Brummel 24 4% 20 Corp— 4374 Last Sale Fries Beau Jan 137b 5 92 Cincinnati Stock 8 Jan 22% 137b 1 5874 Graham Baldwin Jan 620 667b Gray Iron Detroit Steel Goebel 20 3 15 % 24% % * General Motors. Corp— American Laundry Jan 37 b Bros 54% __ STOCKS 27b 10 92 100 Corp Jan 161 647b common 58% 50 Co— 147 b 2% B 23 "4% i Paper Power 42% Mining Co__. RR Htgn 614 Jan 41% Low 15% 25 Detroit Edison Jan 26% Range Since Jan. 1 High 23 24 3.50 Mfg Cigar Davidson 27 _5 Corp Consolidated Jan 19 i.—— . 15% —2 Brass McLaren Jan 38% Products & Consumers Shares Low ,__1 Manufacturing Chrysler Jan 2174 Alum for Week L_—1 Briggs Jan 46% 25 _ 90 Stores Brown Jan 227 Metal Bohn Jan 3% Wrigley Electric Amer Jan 167/b Jan F. Allen _ & Mass Westinghouse 134% Jan 3% 21% 5 • United Shoe Mach U Jan 14 % C. Sales Range of Prices Par Jan 132 Week's last Sale Price Jan 17% 19 • „ • Co 7c Jan 37 0 1 Co Jan Exchango Friday stocks Jan 4 ■ Drill Fruit 419 45 — 21% Inc 6c 16% 13 200 3% 88% Co Webster & 16 3% — ** w Stop & Shop Inc Torrington Co 134 16 —— Jan 274 1,785 PONTIAC Jan 12% ' 100 Olin Mathieson ChemicalStone 7c 17% 133 50c . 10 16% 16% .100 _ _ 13 6c .20 100 Hart RR 13 ___1 . Co Corp Northern 1 ... — KALAMAZOO Jan 9% A. National DETROIT WOodward 2-5525 JACKSON Jan 57% ANN ARBOR Jan 48 % » Corp Cement 145 19 « __ Kennecott 9% 42% 19% 19 % 53% » — Inc Electric Building Jan 51 100 48% . Exchange Jan 100 Inc Stock Midwest Stock Exchange Jan 64 American Telephone: Jan 34 547 b Eastern Ford Jan 33% 100 A—. Exchange Jan 17% Co— class pfd Stock Jan 13 % 10 Assoc.—* York Jan 10 Ry Members Jan 190% 17% preferred adj cum 6 2,781 13% — St 6% 20 Watling, Lerchen &. Co. Hign Jan 527b 5 Fuel & 122 57 b U Inc Co Gas Eastern 10 - 68% 52 Ye RR Prop Hecla Eastern Low 57b 173% 177% 50 25 Maine & 122 176 y4 1 Range Since Jan. 1 High 5% 100 Company Pers Calumet 5% Tel Edison Boston Shares Low -100 . FEBRUARY for Week •f Price* 5 Corp ENDED Sales Range Bale Prlee WEEK Exchange frlOy STOCKS FOR 37% 77 Jan 300 12.50 37% Jan 397b Jan 20% 20% 100 .—15 19% Jan 2174 Jan 26 sb 26% 100 26% Jan 287b Jan 37 (641) Number 5609 Volume 185 Financial Chronicled The Commercial ami ... out-of-town markets FOR WEEK ENDED RANGE FEBRUARY 1 Range Low C & Canadian Pacific (Un) _—; Central 4% Jan 2,000 56% Feb 63% Jan 46 60 40 ' Jan 46 Jan 15% Jan 17% Jail 2% Jan Illinois •*' ' ■/ *• : ~ VV \ * ' " . 31% 66^8 27 V 1 t Jan 66% 100 28% 42 Va 42% 800 41% 3 38'4 38% 300 37% Inc 69% Jan Jan 17%' 800 17 ' Jan 950 24 ! Jan 25% Jan 100 33% Jan 35% Jan 34% Jan 37% Jan 10 Jan 10% Jan 6% Jan 7% Jan 33% 33 % 34% 35% 300 10% 10 10% 1,900 \ 7% 7% 7% 300 % 64% 66 % 1,100 64 64 700 40% 40% 400 43% 44% 2,700 89 89 * . 66 43% Jan 68% Jan 40 Jan 40% System (Un) Columbia Gas 43 % Feb 51 Co Power America—- of Corp Container Continental Motors Corp-_— . America--, of Co Controls Packing Co common— Curtis-Wright Corp (Un) Cudahy Jan 89 Jan Oak now Chemical Ltd Drewrys Du Inc. USA 18% Jan 20% Jail Oklahoma .' Jan 18% Jail Olin-Mathieson Air Kodak Eastman Inc.'! Lines Oil Ohio 40% 5,100 39 % Jan 28 29 1,300 27% Jan 30 Jau 47% 300 46 Jan 49% Jan 18% 400 17% Jan 19% Jan 6% 300 6% Jan 7% Jan 12% 12% 3,100 12 % Jan 13% Jan 10- 10% 1,100 10 Jan 10% Jan 44% Jan 46 Jan 29 Jan 3L (Un) Co Paper Corp__ Brewing Corp Eddy Ford Motor 40 : Four-wheel Inc Auto Drive Trailer Fruehauf General 1,000 30% 700 40 850 37% Jan 25 3 4 26% 800 25% Jan 28 60 % 800 58% Jail 667a"*- Jail 18% 18% 300 17% Jan 18% 18 12 General Jan 38% 39 400 37% Jan 40% Jan 300 107 Vb Jan 112% Jan Chemical Corp Corp Penn-Texas Jan Jan 191% Jan 86 Jan 90% Jan Pullman 60 16 100 < Jan 15% 252 Jail 246 252 249 ,'■* 16 (Un) Dodge Corp Philco Corp (Un) Phelps 100 Jan 16 - Pure 8 8% 550 ; Jan 55 57% 4,800 54% Jan 57 % Jan 16% 16% 600 16% Jan 17% Jan 14% 14 23% 14% 350 23% 23% 8 1,900 * Jan 15 Jan Jan 14 ; 22% 24Vb Jan Hein Werner Hertz Co, Hlbbard Hupp _ Corp ——'I—— Hpttig Sash & Door common Brick RR Central Illinois Steel Inland interlake Co Steamship International Co International Paper International Shoe Petroleum <Unt_ (Un) Co Co Oil i,: Jones Kaiser Alum Kansas Copper Kennecott Corp (Un) * Kimberly-Clark Corp 1 Jan 35 36% Jan 41 % Jan 40 46% Jan Jan 48% Jan Rexall Laclede Leath University Extension Salle Gas Co common-. ! Co common & 42% Jan 43% 35% Jan 36% Jan Jan 75% Jail 82 16% Jan 17% Jail 50% Jan 57% Jan 24% Jan Jan 23 >2 50 Jan 29% Jan 32% Jail 1% Jan 2% 8ervice class A St Louis Public St Regis Paper Co — Electric Co___* Schenley Industries (Un)— Sangamo Marshall Field & Martin (Glenn L) McKay Medusa Merck Co 15% Jan Southern 9% Jan Jan Southwestern 500 110 % Jan 34 % Jan Jan 17% Jan Jan ' 34 123 Jan 13 Jan I8V4 Jan 11% 17 31 31 100 31* Feb 31 Feb 68 70 500 59% Jan 70 & Co (Un) Merritt Chapman & Scott Meyer Blanke Co (Un) : 1% 100 4% 400 28% 100 21% 53 — South Utilities Minneapolis Brewing Co Minnesota Min & Mfg Middle 200 (Un) Public Service Jan 49"% Jan - Jan 16% 600 16% Jan J 8% 30% 150 28% Jan 30% Jan 17 17 Jan 17 - Jan 11% Feb 12% Jan 6% Jan 50 11% 1,400 ' Jan 2 Jan Jan 5 % Jan Jan 28 Va Jail Jan 1% 4f a 27 — 7% 500 Jan 7% 200 29 Jan 30 Va 12% 500 11% Jan Jan 13% Jan 21% 300 20% Jan 22% 400 182% . 182% Feb Jan 166 22% Jan 21 1,200 18% Jan 46 100 46 Jan 49% Jan 57% 500 53 Feb 63 Jan 16 % Jan 17% Jan 16% 500 47% 48% 1,400 47% Feb 52% Jan 38% 38% 300 37 V* Jan 38 Vs Jan 63% 300 63% Jan 65% Jan 40% 40% 700 40% Jan 46% Jan 35% 700 33% Jan 8 5% Jan 5,700 31% Jan 35% 19% 400 18 Vb Jan 20% Jan 50% 53 Va 3,400 50% Jan 59% 10 * Jan 10 Va 200 10 57% 500 25% 25% 550 54% Jan 24% Jan 10% 10% 200 28% 200 12% 12% 2,900 42% 44 Vb 800 22 Vb Jan 63 Jan Studebaker-Packard 59 87 Jan 99 Jan Sunbeam 33% Jan 38% Jan Sundstrand Machine 38 Vb 1,100 28% 500 37% 38% Jan * Jan Jan Swift Jan 50 108% Jan 112 10% 200 9% Jan 11 107 Jan 100 100% Jan 39 % 200 39 Jan 39% 21% 400 29% Jan 31% Jan Toledo 14% 250 13% Jan 14% Jan Trane 14 *' — Jan Thor (The) Co Texas Tool Co Power Edison Co_— Co Corp Transamerica . 50% 52% 1,200 50% 60% Jan Jan (Un) Trav-ler Radio Corp (Un) Century-Fox Film (Un> Tri Continental Corp 20th 42% 41% 42 3 i 500 45 Jan 39 39 39% 400 38% Jan 39% 24% 400 23% Jan 24% Jan Union 109% 114% 300 109% Feb 128% Jan Union 41% Jan 109% 41% 41% 3% 1,400 43 3% 41 % Jan 800 3% 43 Jan f Jan 4 Jan Carbide & Carbon Corp. Electric (Un) Union Oil of California — United Aircraft Corp (Un) United Air Lines Inc 101'2 24 % 13% 63 62 26% 600 10% Jan 10% Jan U 15% _5 10% 15 % 100 14% Jan 15% Jan 24% 24% 500 24% Jan 25% Jan U 8 13% 13 «4 1,500 12% Jan 13% Jan U 8 400 64% Jan 68 Corporation (Del) United 67% 68 S (Un). Gypsum Industries States Rubber (Un) Co Steel Corp Jan 11% Jan Jan 28% Jan 11% Jan 12% Jan 42 Va Jan 47% Jan Jan 35% Jan Jan 27 33% 100 19% 100 19% Jan 20% 24% Jan 25 " Jan Jan 24% 24% 24% 300 27 27% 13,366 26% Jan 29% 12% 12% 100 12% Jan 12% 77 200 29% 40O 76% ' 29 29 900 61% 61 61 61 62 95) 58% Jan 62 26% 409 26% Feb 26% Feb & Dorn Iron Jan 89 Jan Feb 30% Jan 60 Vb Jan 76% 34% Jan 14,400 34 Jan 32% 33 800 31% Jan 32 % 33 Va 500 31% Jan 33% Jan 45% 45 % 200 40% Jan 46 jb Jan 59% Jan 60 Jan Webcor 32% 1 Inc 59% 59% 50 52% 53% 550 51 % Jan 57% Jan 600 30% Jan 32 Jan 20 V4 Jan 32 20% a 20% 50 21% Jan 19% 12.50 32 19% 100 19 Va Jan 19% Jan Jan 12% 2,100 50% Feb 31/64 2,300 31/64 Feb 250 30Vb Jan 33 Jan 22% 22% 1,400 20% Jan 22% Jan 44% 44% 200 43 Vb Jan 46% Jan 26 % 26% 200 26 Vb Jan 26% Jan 5,700 Jan Feb h Jan 23% Jan 22% * 1 10 12.50 37% 63 61 % 11% 11% 450 32% 33 Va 200 31 % Jan 33% Jan 7% 3,700 6% Jan 7% Jan 61 % 62% 900 35% 37% 61 63 Jan 60 Jan 67 1.200 33% Jail 37% 60% Jau 65 Jan (Wm) Jr Co Machine Co— Youngstown Sheet & Tube — Yates-American Feb 450 Wrigley 21% 22 VB 2,600 11% 11% 200 11% Jan 12% Jan 31% 32 Vb 500 28% Jan 32 Vs Jan 47 VB 47% 1,600 46 Jan 49 % Jan 58% 59% 57% 58 52% 16% 33 Va 15 7/64 21% -2 —5 32 47% • 25 7 57'% 1 5 1 25 — 34 15'4 62 Jan 3,800 56 Jan 59% Jan 52% 400 52 Jan 56% Jan 16% 200 15 Vb Jan 17% Jan 34 600 33% Jan 35 Vb Jan 15% 500 14% Jan 16! Jan 15 Jan 25 * :—5 * 2 1 1 50 7% 2,100 49% 49% 500 25 26 V* 25% 25% 25 % 37% 21 Vb 38% 41% 42 Va "7% 7% Radio Corp. 57% Jan 13% Jan Jan 7 8Vb Jan 48 Jan 50 Jan 4,150 24% Jan 26% Jan 1,500 25% Jan 2,200 37% Feb 42 Vb Jan 400 41% Jan 44 Vb Jan 58% 59% 500 58j/4 Jan 26% 26 Va 200 26 V* Jan 27% Jan 13% 13% 600 13 V* Jan 13% Jan 44 VB 44% 200 44 Vb Jan 48 Jan 37% 38% 600 36% Jan 38% Jan 1% 1,600 lYa Jan 1% Jan 1% 1% 26% 26% 600 Jan 27 Vb Jan 26% 26Va 24% 24% 100 23 V* Jan 25 V* Jan 104% 107 27% 26% 400 104% Feb 114 V* Jan 800 26Va Jan 27V* Jan 57 Vb 400 66 Vb Jan 60% Jan 86 86 100 85 Jan 88 V* Jan 39% 800 36 % Feb 42 Jan 36 % 6% 6% 1,000 6 Va Jan 25% 58% 13% 37% 1 104% 10 56 Va 25 5 10 900 15 15 36 % 1 27% Jan . 61% Jan 6% Jan Jan 58 V* Jan 55% 53% 56% 600 53% 15% Jan 16% Jan 15% 15% 300 1 15% 43 Va Jan 48 Va Jan .—-5 43% 43 43 Va 300 64% 3,100 62 Va Jan Jan .16% 62 Va 73% 63 % 13% 250 Jan 14 Va Jan 13% 12 13% 8% 9% 1,500 4 1 2% 12 '/a 5 1 * 10 10 10 9 19 19 19 55 J/* 54% 55% —* -5 8% Jan 9% Jan Jan 20% Jan 1,500 54% Jan 57Vb Jan 24% Jan 26 Jan 600 19 25 % 26 47% 100 47% Jan 49 Va Jan 47% 23 800 22% Jan 23% Jaft 22% . 500 Jan 31% Jaft 30% 31% 50 0 30Vb 23 500 21% Jan 23 Ja^ 22 45 Vb 43% Jan 45 Vs Jan 44% 800 44% 85 V* 400 85% Jan 88 V* Jan 85% 13Vb Jan 13% 450 13% Jan 400 105 Va Jan 121 Jan 105% 109% 100 95% Jan 101 Jan 13% 95% Zenith 33/64 Feb 7/64 21% ■' Jan 11% 6% 11% Wisconsin public Service Woolworth (F W) Co Jan Jan 53% 31/64 33/64 32% 32% 5 Works Union Telegraph Westinghouse Electric Corp Whirlpool Seeger Corp White Motor Co Wisconsin Bankshares Corp Wisconsin Electric Power (Un> 63% 56 X50% — Jan Van Jan Jan 29 x50% Feb 26% Jan 26 Jan 10% 27 v* Jan 24% . 57% 32% Products (Un)—7.50 Sylvania Electric 100% * Jan -10% Jan 33% — Jan 100% " — Company <fc 31% ' Corp Tool Mid Continent Oil Co— Sunray 20% Jan 28 39% —' Corp , 19% -5 1 10 1 Corp Stone Container Corp Storkline Furniture Stewart-Warner Jon 10% ' Jah 33% 18% 12% us. (Ohio) 10 Railway Equipment—_—1 Standard 20% 108% 108 % ' 10% Jan 53 Standard Oil Co 200 28 \ ' — Spiegel Inc common—-! Square D Co Standard Oil of California Standard Oil of Indiana Standard Oil (N J) (Un) 100 24 . Jan 29% 27% 50c (Un) Sperry Rand Corp Feb 37 Vb 38 % —1 10 1 (Un)—.——* River Fuel Missouri Portland Cement Mississippi 45% 10% 5 (Un) Co 100 88 34 a* 87 59 87 59 Mickelberry's Food Products 2,000 Jan - 21% . ;— Southern Pacific Co Jan ! 300 15 16%c Portland Cement Jan 46% 25% 39% Jail Jan 300 * Machine 27% 56% 15 Mobil Oil (Un) Rights il—— South Bend Lathe Works- Jan 17'/b 1 Co (Un) Jan 10 5 Sinclair Oil Corp ' 11% 28% 4 * 26% 52% 1 Co Steel Strapping Signode Socony Western Cement Mfg__ 200 " 1.40 1 3 1 7.50 Shell Oil Co— '2 9% 32 Marquette 27 Vs 33% 12 —5. -—-10 Corp Roebuck & Co— Serrick Corp class B 14 1 % Rights 44% 182 -5 Spring & Axle 38 4% Llbby McNeil & Libby : 7 Liggett & flyers Tobacco «Un»_ 23 Lindsay Chemical Co common » Louisville Gas & Electric. (Ky.t—1—* Feb 18% 10 Jan 11% ' 69 _4 —* 39 34% Drug United La Feb 600 '11% 40% • 5 Raytheon Manufacturing Co Republic Steel Corp (Un) Schwitzer 14% —33 %c Kropp Forge Co Jan Si 39% A Feb 63% Jan 1,000 31 8.75 • 5 49% 16% Jan 17 ,_33%c —* Power & Light Power & Light (Un) 51% 20 300 2,200 Feb 17 10 £ Chemical com 20% Jan Jan 700 51'/a 38% 43% 16% ___ City Kansas Jan 20 Vs 47% 59% — (Un). Jan 45% 53% 59% < 300 • & Laughlin Steel Jan 77% 20% Jan 35 ' 3.50 17 Vb Jan 46 Jan 34 11% —-25 —11-1 _1 _10 — Jan 70 39 182% 53% 17 1 —3 1 -1 1 Co__ Power 16% 650 20 % 5 * America (Un) Radio Corp of 450 Tel & Tel (Un)— International Interstate 5,400 21% —1—3 5 —* ;_r.—0 5 Co 600 7.50 • 16% 70. 12 40% 700 _ 16% 7% 55% 600 (Un) Co Jan 43% Jan 29% Rockwell 100 * 18% Jan 11% Jan 800 — Jan 39 % 16% 14% 800 Mineral Sz. Chemical—5 ; International Nickel Co (Uni 1__ * International Packers Ltd_! : 15 17% 400 17 Jan _!*' Harvester 7,400 43% 30% Jan 200 International 18.% 45 3'a 8,100 —10 1 " 3—___—* Co. Jan 26% <14% Jan ~ Illinois Jan 18% . irtr 2,600 3,100 110% 113% Bartlett Industries Inc___— Spencer Howard 41% 39 Jan 76% 650 4— Jan 50 Va 20 2% 500 i.— 39% 70 Jan • Co__111— 1,400 16% 2% V. Jan 73 17 Corp 40% 42% 600 <& (Walter E) St Jan 39 Va 18 Va 9,000 500 J, Heller 38% 39% (Unj_ —2.50 Reynolds (R J) Tobacco cl B (.Un)—10 Richman Bros Co —* River RaUsin Paper —5 100 Organ ———x— Brewing Co; Feb 814 Jan 8 700 (G) 32% y Jail 57 — Heileman 900 32% —100 33%c 1 12.50 Public Service Co of Indiana 89% Greyhound Corp ( Un) Griesedieck Co Hammond Jan 34% 30% 32% 50 Peoples Gas Light & Coke— Pepsi-Cola Co (Un) Pfizer (Charles) & Co (Un) Jan v common- RR Jan City Steel Co__—— Oil Corp 31% 35% ,—25 10 preferred prior 51% Dock—. Great Lakes OH & Chemical— Greif Bros Cooperage class: A— Gulf 39% Jan 3x% 5 Coal Co common conv Feb (The) Co. Co ' <Un«„—.%li—. Drug Stored. Lakes Dredge Jan :— Jan Goodyear Tire & Rubber Co J__. Gossard (W H) Co——_J Great 37 Va 30% 1 1 (Un) Sears Gray 100 38 • 7.50 5 Natural Gas 45% 5 —1.66% General Public Utilities (Un)__lV ,_5 General Telephone Corp, 10 Gerber Products Co——10 Granite . 700 38^ 38 : 181% General Electric Co_. Motors Corp Glldden 111% 112% 1 400 General Gillette 38% 12 — 500 Corp—________ 1 Dynamics Jan 27% 5 10 89% 45% 45 % 2 — 33% Jan 2% Jan Jan Co— 47 183% 184% 184 --—J——__1 General Contract Jan 25 Va Warrants 5% 45% Transportation—2.50 Corp_ Box :: : American General - 30% 700 10 _* 1 10 5 5 (Un) Co Peabody 54% 5 2 -10 1 Co Foremost Dairies 300 25% 1 pictures (Un) Patterson-Sargent Co 39% 25% 5 Jan 33% 25% - 25% 5 American World Airways Pan 29 —1 America Inc Mills of 9 Vs 32% 32% 5 common Quaker Oats Co Flour Jan paramount 44% * ——— Falstaff 8% 2% Jan 12% —1 10 _ Ry _ Jan 17 Jan Phillips Eastern 1 1 500 1—•— w 39% 634 5 (Un) Nemours de 100 8% Co Gas Power Co Edison Jan 17% 5 5 1 Co—__—— (E I) Pont i. Corp Jan 2% (Un) 37% 46% 40% 20 (Un) Manufacturing Dodge 5 8% Manufacturing Co_ Ohio 28% 10 Company Co Edison Detroit 800 2% Bancorporation Pennsylvania & Deere 5% V 46% 1 —* -a5 1 5 5 1 —— 5 VB 5% Jan 5% Jan 4% Jan * Jan 88 2,200 17% States (Minnesota) Northwest 40% 40% 25 Commonwealth Edison common; Consolidated Cement Corp Consumers / 17% 17% 100 8% Jan 50 20 20 5 * Co Inc Coleman .37% ———15 Ilium Electric Illinois Northern 70% Jan 800 38% Jan, - 5 2% Co Northern Pacific Jan ' 42*% Jan Jan Jan 5 50c Company Northern Jan 5 VB Amerioan Aviation :(Un) North American Car Corp 64% ,200 38% 42% 18 5 North 62 ' 16% 18 1 (The) Co common convertible preferred Rights Cleveland : (Un) National Standard Co——: New YOrk Central RR 1 25% v 35% 1 100 ——_ Jan Jail 17,: 17% City Products "Corp—I——-—— Cleveland Cliff's Iron common — preferred 31% " 29 'A 18% -10 4%% 40 : Napco Industries Inc Rational Cylinder Gas i—4 National Distillers Products (Un) National Gypsum Co (Un)__; Jan Jan Jan S 28% 25 -——x—'— Co 54% 54% 200-. 37% Jan Jan Muter 29% Jan Jan 38 Va (Un) Jail * 400 . - 33% 700 50c 200 ' 1,000 Mpunt Vetnon 25 Chrysler CorpJ—————— Service 38 Jan 33% 38% Co Chemical National Lead Chicago Rock Island & Pacific Ry—• Chicago So Shore & So Ben RR—12.50 Christiana* Oil Corp—, —1, Cities Jan Jan . , pfd_—I.—-—100,\ series A 59«. 54% 2 34% V common: • & Northwestern Ry com_^—♦ Chicago 200 66% Milw St Paul & Pac Chic 200 31% (Un)-'——25- Chesapeake & Ohio Ry .700 2% 36% 10 ; Refin Co common...b Champlin Oil & 16% 2% 36% 16% 16% ~ Jan 5 16% 33 % 38% Motorola Jan Jan 2.200 54% Lignt co___——_— Public Service!;—1 Illinois Central 33% 32% 4 58 f : Central & South West Corp 100 % 4% 46 of America (Un),-!—_* Brewing Corp.—50c Centilivre 32 % Feb 18 .100 2 • 5 * Mfg Monsanto Jan 56% - Htgn Montgomery Ward & Co Morris (Philip) & po (Un) Modine Jan 14% Jan 32% Corp Celanese 1 Jan - 412 , Ltd— 16%c Corp common ——: —10 4JA% preferred *——: 50 Canadian Prospect Carrier . 1 13% 1 Range Since Jan. Low High Low Pmr 300 13% lk»T« tiiyn 56% 25 — Range Since 300 1 13% hrWMk Jan. 1 Low JHffh 1 Corp— _____10c Hecla inc-u—————-—5 Super C & Calumet Prlea Shares of Prices SaloFiieo Par Barge •f Price* Last STOCKS SftlM Week's Friday Last STOCKS Sales for Week Week's Friday 95% x 33 The Commercial and Financial Chronicle (642) ... Monday, February 4, 1957 OUT-OF-TOWN MARKETS RANGE Pacific Coast Stock Friday STOCKS Range Par Abbott Laboratories Admiral Corp Corp Aeco —10c Reduction Air Alleghany Allied Co Chemical Mfg Co Americ&n Airlines Inc American Bosch American Can Arnia Co {XJn) & 1,822 33 Feb 34% 20% Feb 24 Jan Atlas Corp Avco Jan 41% 808 Jan 32% Va Jan 17'% 17% 1,730 17% Jan 18% Jan (Un) 5 (Un)__*! ■ 100 (Un),. " 211 52% Jan 56% 170% Jan 177% (W Granite 833 73% Jan 34 874 33 Va Jan 37 Jan Great Lakes 70% 2,116 67 Feb 72% Jan Great Jan (Un)—5 23% 23% 23% 744 21% Jan 23% Jan 55% 57% 1,499 55% Jan 65 Jan Grumman 14% ..1 (Un) al7% 10 24% com (Un)____ 14% 15 335 14% 16% Jail 108 17% Jan 2,753 al7% al7% 24% Jan Jan 18 24% Jan _,T10 43% 43% 45 360 43% Feb 47 n n 11% 2,145 9% Jan 11% Jan Baltimore Bankline Barker Oil Oil Beckman Beech RR Corp (Un)__13 (Un)__ 5% 5% 1.733 4% Jan 6 Jan Hilton 6% 6% 1,335 6 Jan 7 Jan 8% Inst Inc,— Aircraft Hotels Bethlehem Steel New (Un)_, common Blair Consol Diamond Eoeing Bolsa Co Budget Bunker Hill 12% 12% 250 12 Jan 12% Jan 37% 38% 549 Jan 38% Jan Imperial Inland 5% 9 Illinois Oil RR C & C Super Calaveras 30% Jan 21% Jan 22% Jan International 61% Jan 62 VB Jan International Nickel 300 1% Jan 1% Jan International Paper 1% xyB 46% 46% 190 % Feb 52 Jan California Canada 177 % Jan 198% Jan Intex Oil Tel 44 % Jan 47 Va 1,120 Jan 13% Jan Jade 10c Jan 13c Jan jonns-Manville 3 Jan 3% Jan Jones Jan 18% Jan Kaiser lie 12,000 3 3% 4,180 17 686 16% Canada Capital Airline Inc 16% Chaiter Oil Co 1 Milw St Paul Rock RR Island 4%% Clary Climax Molybdenum Clorox Chemical Co Colorado Fuel & Iron Columbia Class B Columbia Gas Commercial (Un» Steel Chem Power Continental Can Co <Un)_ Kansas Light Kennecott Copper Corp Kern County L^nd Co 18% 311 18% Jan 20 % Jan Lear 10% 100 9 Va Jan 10% Jan Leo man 16% 450 16% Feb 16% Jan 13% 233 13 Va Jan 17% Jan & Leslie Jan 1% Jan Liggett Jan 35% Jan List 21% 1_ 293 21 Jan 43% Jan Lockheed Jan 14% Jan Loew's Inc 6-?a 100 5 /if Jan 6 ft Jan Lorlllard 6% 100 6V2 Jan 7 Va 23% Jan 138 32 % Jan 33% Jan M 250 23% Jan 23% Jan Macy 57% Jan 63% Jan 87 Va Jan 96 Jan Jan 11% Jan McBryde Suear 29 % Jan Menasco Mfg __ 47% 1,236 443a Jan 49 V8 2% 3 5,000 2 Va Jan 65 % 65% 818 65 Va Jan 3 ,, Jan American Oil Co 68% Records Inc Deere & Co Denver & 66% Di Giorgio Fruit Corp class A_ Class Mines Ltd Dominguez Oil Douglas Aircraft Co Douglas Oil Co of Califs Chemical Co Dresser Industries new 16% Jan 18% Jan Montana-Dakota 34 a4 Jan 37 Va Jan duPont deNemours & Eastman Kodak Co El Paso Natural (Un) Gas Electrical Products Co Co 1,096 65 Jan 69% Jan 61% Jan 68 % com Jan 4% Jan National 64 190 Jan 69% Jan National Jan 33 Jan Jan 32% Jan National Distillers Jan 32% Jan National Theatres 32 32 % 810 31 30 Va 448 30 31% 346 29 7 31 31 252 17% 17% 3,744 18% 19 Corp Fitzsimmons Stores Ltd class A. Flintkote Co (Un) Flying Tiger Line Machinery «*oremost Friden Inc (Thet__ & Chemical Corp Co Co___ • Fruehauf Trailer Co page Natomas 32% Jan 17 Jan 17% Jan New 480 18% Jan 19% Jan N Jan Ntagara Jan Norden Jan Norris Oil a46% a46% 131 47% Jan 48 Jan North American Aviation 203 45 Jan North American Invest a33% a33% 47% Jan Feb 7% Jan 28% Jan 29 Va 34 34 Jan 1,644 5 Jail 52% 52% 824 52 Jan '97% 97 Va 15 92 Jan 325 • 4 63 5% 5% __ 33% 33% 35% 1.381 33% Jan 5V8 5% 1,280 4% Jan 10V4 10% 10% 100 1014 Feb 8 8 8 510 45% 44% 45% 1.127 : Jan 44. Jan 29% Jan 41 Jan 41% Jan 12% Jan 13 V2 Jan 2% 2% 300 2% Jan 67% 68Va 223 66% Jan 8 8 2,000 8 Jan 2% Jan 68% Jan 8% Jan ' 33% 34 % 680 29% Jan 35 Jan ■ 53% 53% Jan 57% Jan 930 20 % Jan 22 Jan 16% 165 16% Jan 17 % Jan 52c 60c 550 20% 16% __ 53 Va 20% __ 60c 20.900 50c Jan 60c Jan - 30 Jan Jan 47% Jan 32 Vt 32 32 % 982 32 Jam 32% Jan 7 7Vb 300 7% Jan 7% Jan __ 6% 6% Jan 764 4% 2.150 Jan 4% Jan 32% 480 31 Jan 32 % Jan 20 __ 6% 4% 32% 20 288 20 Jan 21% 612 37 8 Jan Jan 32% 33 265 29 Jan 33 Jan 28% 28% 29Va 211 28% Feb 33% Jan 32% 34 1.043 32 % Feb 26V» 343 24% Jan 26% Feb 38% 38% 1.236 33% Jan 39% Jan ; 37% Jan 5%% Jan Occidental Jan Oceanic Jan Co Rights w 47% Jau 37V2 385 37 % Jan Rwy 7% Pacific 160 13 % Jan 15% Jan 30 270 28% Jan 30% Jan 128 39% Jan 40% Jan (Un) 4,778 31% Jan 39% Jan 22 270 20 Jan 22 Jan 21 23 21 Jan 44 760 40% Jan 44 Jan 25% 27 34% 21 27 1.419 24% Jan 27 Jan 18 21 Jan 19% Jan 19% Jan 2.50 6,042 2.30 Jan 2.70 Jan 3% 20,933 2% Jan 3% Jan 50% Jan 51% Jan __ 100 ' (Uni__ 12 50% Corp ' IV 661 ii Jan ii Jan 39% 603 38% Jan 41% Jan 45% __ 353 38% 38% 5 50% 45% 763 45% Jan 50% Jan 16 • Chemical Fisheries 5 Cement Pacific & Aggregates—^ Products Clay Pacific 16 200 14% Jan 16 Jan :5 16% ' " Corp Pacific Gas it Electric 6% 1st preferred 16 16% 2,128 16 Jan 18% Jan 8 21 20% 21 595 20 Jan 21% Jan 10 Finance 35 33% 35 355 33% Jan 34% Jan 50% Jan 28 common 4.50% red 1st pfd 1st pfd __ 52 Jan Jan 91 59% 60 503 59 Jan 66% Jan 49% 51 576 49% Jan 55% Jan 184 184 475 88% 88% 538 184 Jan 88% 188% Jan Jan 90% Jan 30 Jan 13% Jan 38 Jan 19% Jan 200 n 1.50 11% Jan red Pacific pfd A ser Parke. Corp Jan Jan 227 30 " • 30 30 % 354 30 Jan 31% Jan 22% 22% 425 22 % Jan 24 Jan 14% Feb 36 Jan 9% 9% 150 9 % Jan 10 Jau 56% 56 % 465 56% Jan 62% Jan 56% 57 V« 3,357 54% Jan 57% Jan 17 2,353 16% Jan 17% Jan nola Co Co Corp Fuget 45% 1,747 43% Jan 47 % Jan 23% Pullman 23 24 2,251 22% 24 Jan o— Inc 27 Jan 26% 215 Jan n23% a23% Co tUrn (Un; mm - 37% Jan 91% 91 62c 1,000 18 844 - __ a40% 65c Jan Jan 19 Va Jan Jan Jan 129% Jan 16% Feb 18% Jan Jan 30% Jan 80 Jan 439 125 124 a a— 340 79% Jan 21% 496 21 Jan 22 % Jan 238 20 % Jan 22% Jan 1,200 1.05 Feb 1.25 Jan 1.05 1.15 53% 16% 43 626 53% 659 16%' Jam 161 42 " ~" 5% 100 49% 921 a46,a a46,2 a46i;2 - Jan Jan 17% 28% 43 __ 91% 87% 58c 240 5% __ B * 1,242 53% • * Jan 17 48 ;; 36 Jan 30% 16% 53% 5 , 2,984 Jan ' a20%a21% 5 * 37% a44>a46% 3 r - Jan 21% i.05~ l2Va Pulp & Timber—^ 1.15 a78 a79% a20% ;___ 1.00 30 __ 10 11,700 16% a44 _p Jan 1.05 126% 129% a78% 1 23% 17% __ 38 %e Jan 61c * 23 21% 91% 16% 27% Jan 100 37% 129% Jan 22% 23% 1.00 _v . 257b 103 23% __ 50 (Un) Gamble Sound Jan ___* Dodge Corp (Un; Corp (Un) Philip Morris & Co. (,Um Philippine Long Dist Tel 1 Um Phillips Petroleum Co I. 43 % 25 7b 1 (Urn Phelps 45 875 1.05 1 Philco & 26% 100 (Un) iUni_: Petrocarbon Chemicals Procter Jan 26% __ 1 (J Ci Co (Uni Pennsylvania RR Co (Un) Jan Jan 29% 33 %c Penney li 1.70 11% 32% Jan » Pictures & Jan 27% a23% * com_- Pacific Tel & Tel common Pah American World Atrwav« Davis Jan 30% 206 26% 1 $4.50 preferred Paramount 49% 966 25 Pacific Oil & Gas Development Pacific Petroleums Ltd Jan 4.937 29% 29% 25 pfd Lighting Jan 49% 32% 29% 25 Pacific Industries Inc Jan 14% Jan 1st 41% 14% Jan 5% 29 Dfd 1st 13% " 34% red 20% ' Feb 5C< Jan 14% 14% 1st 33% Jan Jan 5%% 32% 26% 25 19% 49% __ „__25 red - Jan 3% 4.36% 16% Jan 3% 2.40 Jan 177 Jan 20c Jan 19% Jan a36 30% Jan 2.55 3% 5% a3558 Jan 18C 2.50 Jail 900 29% 20c Jan 331 Jan 42% 1 Feb ' 18 Jan 31% • 4% 1.60 17 35% 6% 21% . 20 50% ■ Jan Jan 22 85% U Jan 16% 30% 32% 724 1.50 8 464 300 1 (Un)_ Jan 16% 31V8 832 200 all%al2% 1.230 Jan Jan 31% 1,100 88 166 7Va 7% Jan 9 16% - - 5.000 4% 300 Jan 3 4% 2,445 8% 19c 85% 41%' 290 30% 1.015 13%' 8% 19c 51 Va 38% 27% 2.90 51% 13% 21 Jan 30% Jan al9% a20% Jan 19c Jan 2.371 21 25% 2.90 20% 33 100 224 Jan 1 American Pacific 15Va "32% Jan 21 25% 8% __ 35 21 25% __ 16% Inc 3% Jan U Olin Mathieson Jan 37% __ . 3% Jau 44% Jan 1 (Un) com Ohio Oil Co 8% 13 i Jan Feb Jan __25 Ltd Co Jan 5% 11 8 12% • Co Edison 163 1 (Un) Petroleum Oil 1,100 1 Aircraft 56% 3% al2 1 Pacific 97% 3% all% 1 preferred Sugar 3% allVa 5 Power Northern Northrop 37 1 85% • 27% 175 2.239 36% 14 -. 268 13 V4 Jan II - " 27% 41V2 13% Jan 20% 16% 27% 41 Va Jan Jan 57 Jan 41 % Jan " Jan Jan 8 Va 28% Jan — Jan 32% 14 J_ 3% 500 18% a35r>8 100 185 100 22% 8V4 2,602 641 all% 8% 45 45% 326 i Jan 34% 14 — Jan 121% 42% 113 29% 19 13% 23% Jan 550 34 19% .a20% Jan 1,265 43 44% 14 .32% Jan 29% 19% -- 14% 44% i8VB — Feb 2314 110 Jan a__ 13 % 26% Co Qahu a39% a40% __ 1 Mohawk Jan 30 — ... a__ 1,273 32% Corp Ltd Jan 5% 15% __ 5 161 13% 113 - • 15% . Jan Jan 45% 38% 8ystem 40% __ 49 60% Jan 26% (Un) 45% 19% Jan Jan 41% 42% __ 1 Electric RR Jan __ 48 % 50% 1,470 • Company England Y Central Jan __ 490 1,022 42% 5 (Un) Jun __ 48Va 52% a24% a24Va 13 VI 1 Prod 15% . Jan Jan (Un) Inc (Un) 44% 1 45c 13% 27% 5 Lines 40% 1 see City 100 3 MWMM^i^For_footpotes Jan National 458 10 Jan al04%al07V4 10 1,167 I 36c 41 % __ 12Va (Un) Co 15% 0 Dairies Calculating 31 Biscuit 40% • 21,400 1 45% 1 45c Va 48% 4% : 15% 4 11 50% 6% Fibres. 40% . 31% Jan 44c 10 Co— Auto 45% Capwell Co 20 Railroad Co (Urn Eureka Corp Ltd 25c Exeter Oil Co Ltd class A 1 Fairchild Eng & Airplane (Un>__,,__l Fedders-Quigan Corp (Un; 1 Fibreboard Paper Prod com • Food a Diablo 40% Erie Ford Motor 64 Mt 45% 3 Jan 10% Jan 4% 31% 10 new Emporium (Un) Utilities • (Un)__50c (Un) 25 30 410 (Un)__ Montgomery Ward & Co 446 __ com 809 111/4 113 _...2 166 241 __ • ; _ 31 % 11 . 1 (Uni 550 4% 18% _1 Dow Jan Jan Jan • Inc 17% 30 (Un;_III_II« Jan 38% 30% 16%o Utilities 64 * Co 105% a__ — 29% Co Develop Co cap a64 —' 5 (Uni Fields South 66% __ 5 B __ Dome Jan „ __5 Inc (Un) 4% __ * 100% __ 1 Petroleum Co 66% __ 10 (Un) 806 100% 101% a 34% (Un) Merritt-Chapman & Scott & a62%. . a63% 5Cc Jan Jan 5 (Un) Co 35% 1 RR 20C 16c Jan r- Co 34% __ 5 (Un) Grande Merchants Middle 1 (Un) Rio Jan l Jan . 50e Packing Co (Un)__. Publishing Co (Um__ 6IV2 114 __ 10c com Merck Ohio Curtiss-Wrighti Corp (Un) Decca (Un) common Jan 3 America Cudahy Curtis Co (Glen L) Navigation Co 17% ;„12% Jan Jan __ 10 Calculators Jan 5% Cuban Jan 59% Jan 1 Co Jan a33% (Unt 82c 37 51% • (R Hi Jan fi 18 V8 109 _lQc (Un) Oil M Co 28 _« 70 Jan Jan 170 2k Inc Co 10% , 1 New & Martin 25 common Jan Jan 16% 58C 311 _,„_.l (Un)__ Marchant 285 1,081 Crane of Jan 1,754 25c (Un).. Aircraft Oorp (P) & 58 150 Corp M 90% 1,650 Co J 89 6% Steel Jan 13% - Jan 29% Preferred Jan 38% Jan 38 44c 7. Tobacco Corp Industries 23 41% 13% 29 Zellerbach Litton Jan 213 222 634 Crucible Jan Jan a88 37 __ 10 Ltd,-__^ Myers Industries 14% a44a45% Crown a86% 63% 120 24 VB 13 % al06%al08% 31 Va 1 Co & 1 34 6% ; 2,000 • (Un) new Petroleums 100 a44 Co 16c __ 50c Com Salt 422 29% (Uni 210 16c 11 VB 11,200 59% a Jan Jan 24% 111 310 67c a87% 2ft IJbby McNeill it Libby 35 1 Oil 16V2 63c al06% 8.75 Inc 1% 10 Co 65 igi/a H1 10 (Un; Continental Motors (Uh) Corn Products Refining (Un) Crestmont 63% 59% • (Un) Jan Jan 57 15% __10 II I_ 65c 1 Power Jan 45% 166 <■ Jan 5 24 % 357 ,1.33% (Un), 35% 750 com__33V3C Jan Jan 25 (Un) Jan 746 7% (Un) Corp Jan 54% 470 ;__l Jan 43% 131/2 (Un) 41% 16 • (Un) Commonwealth Edison Consolidated Edison of N Y Consolidated Foods Corp Consumers Tel 21% 21/ 10% _2.50 System Solvents (Un) co 1,025 16 • ; 122 36% __ 4,250 28% 48% 3% Feb Jan 13% __ • 42% 54% 10% Broadcasting System cl A_2% a 38% 1131 5,782 35Va 76c 35% (Can) (Un)_* 23% 28% __ * 40s/8 Jan * Co 17% ; 395^, « Monsanto Chemical Co 269 Jan Jan Ltd___„_10c 22 10% 1 Jan 113% 113'/a 13V4 28% 10 Jan 34 V2 80c al06% 1 . 15% Jan 22 Va 4 23%' (Un) (Un) Jan 32 % 20 100 Matson Corp Jan 14 Va 121 Jan preferred 57% 25 Cities Service Co 43 34 2,034 Jan Industries l Chrysler Corp 415 15% 32% 43% Jan Kaiser ' a3f%,a32% < __ • * 43% 15 32% , 21% Corp (Un) & ,_l Pacific Jan 13 Jan Mission com Jan 2% 44% 71c Jan , & 56 Vb Jan 500 5% changed to Champlin Oil & Refining Chic Jan 1% 120 60% Name Chicago, 51 % 700 200 Jan 6«/2 10 , 184 2V8 78c Jan 5& __ 1 1 Jan a53 1% 187/« 3% - » 25 1% 22 % 54% 14% 10 (Un; Jan Jan 18% 1,825 a41% n41% ' a31% Ltd Chesapeake & Ohio Ry Chicago Corp Jan 54% 2 18C 77 • v i»/a 21% lUnt Co & Laughlin Alum 21 21% _25 Certain-teed Products Corp Champlin Oil & Refining—— Chance Vought Aircraft (Un) 21c Jan 1 1 1 % 76c 10c & 1% a41% • Jan 54 % 700 a50% a51% __ (Un) Oil 34 % __ __1 Corp (Un) Caterpillar Tractor Co com Corp of America 3,200 Jan Jan 18% 11,225 16% _ i._„2c Carrier 2.75 32 a— 506 56 13% __ 6 Celanese 20c Jan Jan 5,893 1 Corp 18% __ 1% (Uni 19c 2.60 29% a__ 13 Va 20 10% *."• __ _____1 108 24% 12Va 42 5 Petroleum 475 Jan 12% 51/4 54% __ 22 5.50 Southern 961 31 a36 113% 5 5 1 Canadian Atlantic Oil Co_.a-_ Canadian Pacific Ry (U.nlJlZ 2.65 31 a35% __ 54% __ 9 Ale (Un) Jan 41% Jan 12% 10c Corp. Jan 24 Va __ 33V3C 7,880 6 Co Ginger 69 % Jan a51 5Qc Co 12% _l0c Packing Dry Jan 24% 24% Harvester International 1,783 ig% Co Jan 60 % 175 II <Un;_ 160 46% 10 Corp_ Cement 40 682 __ 1 Co 172 Liberal California Ink Jan 1.771 2% 10 140 __ ,,2.50 Jan 13% <Uni__ 22 17 (Un) Jan 4% 25 (Un) Mines Co 12% 15 (Un)___ 18% 41% Jan 40% 1 Development Steel 44% _5 Industries Jan Jan 4 Va 24Va ... „__2.50 30% 31/,, pfd 17% 34% 69% 1% 21 (Un) Co 12% 1 conv 100 40% 1 (Un) Corp Central 177% 184% 5 Inc, 375 210 __ 1 Co 30 46 4% 7»/a 22 Jan 171/4 4% 12.50 : .-_v- a60% aGl'/a 1 (Uni__ 60c Co 30 17% 2.60 * class Maryland 46% (Un) Stores Finance Burlington Sound laaho _._2 ^ Corp Howe 1% Corp Broadway-Hale Budd Company Jan Jan Jan 5c ___ (Uni Borg-Warner Jan 13% 1 (Un) Co Oil 7% Jan __1 Min Corp Airplane Chica Borden 4% 13 __ Jan __ 1 Mining Co (Un) 245 __ Jan 15% 24% I Sugar Co 44% Holdings Corp Blue Honokaa 38 2 Mammoth Jan 3,825 a6l Bisnop Oil Co Black Jan 12% 1 w 14% 47 Jan 3,343 ___• >_ Jan Jan 9 5 p 13 5% 1 Bendix (Un) (Un) Electronics 45% 37 % Feb 43% Jan a35% a36% a35% • Development Homestake 13% . 437b Jan 15% 1 Corp 8% 1 (Un) Corp 115 Co 13% __1 Aviation Corp (Un) Benguet Cons Inc (Un)..__ Bestwall Gypsum Co (Uni 1,586 __ 20c Corp.-- 13% 5 Jan 40 Vb 355 67% 10c Engr 41 % 9,903 __ lo Chem Co & 734 40% __ __5 ___10 Co. Jan 151/. 40% 2.50 Calif Jan Jan 7% 43% II Co Jan 5978 40% __ 10 " 1514 __ 4% (Un) Honolulu 5 _____ Aircraft 13% a45%a46% 5 _1 —___ Corp com of Calif_______. Co 13% ,__„_1 Jan * Pineapple Hoffman __100 Co Co Bros Basin Bell Ohio & Petroleum 7% 5 Co (Un; preferred Hawaiian Holly Bandini 650 __ 6% 3 . Oil SI.25 51/2 (Un)_ Corp Hancock Jan __1 (Un) & Aircraft Oil Feb 521 Jail 26% ' 24% Guir 53% 10c Ry Corp Greyhound 56% 2,473 43% (Un;.., of Oil 54% 43% Northern 77% 53% ^40% Corp 67 53% » Corp___, & 59% 1% common City Steel Co (Un) 10 Fe (Un) Baldwin-Lima-Hamilton R; Graham-Paige Jan com (Un;— Co 54% 7r,8 (Un;_ McBean Co Humor Grace Jan 67 __5 Refining Mfg Corp Good Jan 4,313 Glidden 4,481 7 v4 Rubber Products Gladding • & 33% ,50 Gas Corp Jan a52% a54% „ -25 — 13% 174% 177% 7 77% 77% 175% ,,25 (Un) (Un) Co 17% Feb Tire Brothers Gladden Feb 54 12% Telephone Gimbel Jan 52% S9% 1 ... General Jan 79% Jan (Un) Warrants 22% Jan Jan 32 Corp Santa Jan 41 72% 783 1,152 51 % Corp (Uni (111) (Un; & 20% 380 41% 73% 100 Co & 22% 41 120 (The) Oil 22% 72% „ General Jan 58 73a Com High. a 58% Calif Public Service Corp (Un) Public Utilities (Un; General low 142 • Corp Range Since Jan. 1 Hifjh a51a52% __ (Un) Corp preferred General Jan 1,237 — Paint 1st Jan 33% 21'/» a54 Viscose Top 95% Jan 33 20% 13% Anaconda Atlantic Refining 73% 130 Motors General of Shares a (Un) Co for Week 1 Corp Co Explor Foods General Jan 32% Tel Co Arkansas Louisiana General Jan a90%a91% Dynamics Electric Sales Range of Prices Low .2 General Jan 7% 12% American Acch 47% Jan 32% Tobacco Co Ashland Jan 6% 80c a52% Tel & 96c 47% 185 12% Smelting & Refining Steel Jan 208 32% American Armour 5.200 1 American Armco 95c 0% 20 American Co General Jan 33 10 (Uni American Radiator & S S & 14% Chemical—a52% Ltd Potash Jan 20% Electronics American 13% ► Corp General Jan a50 37c a.90% —12% American American Factors 38% 6% Corp (Un)„___2 Cyanamid Co Jan 1 (Unt (Un; American 38% 10 (Un) com Garrett •W a49Va a49Vi» „„_1 Dye Corp (Un;—18 & Allis-Chalmers T.011. 285 05c * (Un;. Week's Last Par 120 (Un) Corp Friday Sale Price Range Since Jan. 1 Uiah 13% .13% __ 1 STOCKS Share* a38%a39% .———1 — _ FEBRUARY for Week of Prices Low 5 common ENDED S»l*a East ! WEEK Exchange Week's Sale I'rice FOR 152 • 5% 48 17 Jan Jan 63 Va Jan 43 Jan Jan 6 Jan Jan 53 Jan Jan - a— a— 16%. 16% 896 16% Jan 63% 63% 286 63% Jan ft40% a41 115 42% Jan 17% Jan 65 V2 , Jan 46% Jan Number 5609 Volume 185 'Commercial The ... 39 (643)| and Financial Chronicle OUT-OF-TOWN MARKETS RANGE Week's Friday Rayonier (Un) America Radio Corp of Mfg Co (Un)__. Republic Steel Corp (Un) Raytheon Revlon Metals Reynolds (Un) Co Jan 35% Jan 29 % 600 29 Jan 34 Jan Jan 20% Jan Petroleum Preferred Lines Inc 18% % 53% 2,S69 50% Jan 59 Jan Western Dept 16 V4 Jan 19% Jan Western Union Feb 25 Vs Feb Westinghouse Air Brake (Un)_ Westinghouse Elec Corp (Un) _ Wheeling Steel Com (Un).. Wool worth (F W) (Unt 19 % 4.241 25% 25 % 395 25 % 146 53% Jan 55% Jan 57% 57 % 335 54 % Jan 57'/< Jan 19 % 19 % 720 18% Jan 21% Jan Jan 99c Jan Jan 67 • 1 Jan 28 %4 — Inc 93c 700 65% 66 % 521 65 26 27 % 610 26 w 27 % 27% 574 27 Jan 29% 36 37% 107 36 Jan 37% Jan 41% 41 44 % 2.548 40% Jan 44% Jan 33 33 33 20O 33 Feb 34 Vi % 1,820 11% Jan 13% 18% al9% 178 19% Jan 20 28% 469 28% Jan 30% Jan 1.058 54% Jan 57% Jan 65 % J an 45 Jan 13 . a 28% 10 _ - 12.50 54% 54% 10 58% 58% 181 58% Jan 10 44 % 44% 361 44% Jan 104 % 110% 336 104% Jan .. _ — Roebuck Sears Servel Corp (Un)__— Steel (Un) Water Co Shasta Oil Shell Co_—— & Oil Sinclair (Up) Oil Co Mobil Soconv Rights i__ w Cum Jan 68 Range % Jan 41% Jan 23% 422 23% Jan 26% Jan American Stores 48 Jan American Tel 23 Jan 23 1.067 3c Southern • 240 19% Jan 145 51 59 59 221 59 Jan 60 Jan Budd 17 17 17% 1.931 17 Jan 17% Jan 27% 27 27% 1,763 62 657 61 Feb 63% Jan 50 % Jan 56 Jan 39% 23% Feb 1,991 Jan 48 39 % Jan 40% 22%, Jan 23% 29 Jan 30% 5 Jan 5% 221/4 22% 44% 44% 1,636 43% Jan 46% * a43% a44% 257 43% Jan 45% 26 Jan 26% Jan 7/64 Jan % Jan 3,296 265 46% 48 9,201 45% Jan 49% 59% 750 58 % Jan 61% Packard (Un) Corp (Un) Gulf Sulphur Co Inc common Oil Tidewater Co common Preferred _ - Inc Airlines World Transamerica Corp (Un) Tri-rv.oMnental Corp Warrants (Un) Carbide (Un) Co . Union Sugar (Un) Co Pacific Ry Union Inc— Aircraft Corp (Un)—_ United United (Un) Corp United Fruit United Gas 69% S Freight U S Industries U S lUni Co Inc com..... Plywood Corp Rubber Smelt, 2 7. a27 a27% 27 a37% a38% 205 7% 7% 1.052 7% Jan 8% 25% 25% 2,317 25% Feb. 27% Jan 24 V4 24 % 100 1.410 30 25% 1,405 Steel Universal Corp common Consolidated Oil Utah-Idaho Sugar Co Co 24 % 1,410 395 37% Jan 40% 41% Jan 44 % 10 a29 a— 839 57% Jan 60% :>n Jan 33 19% 4,280 16% Jan 21 867 33% Jan 37'% 25% 25% 100 25% 17% 17% 226 17% Fob 19% 2.055 30% Jan 38% 27% 26% 26% 1.164 26% Jan 11% 11% 300 11 % Jan 12% 23% 25 1,110 24% 680 57% 10 a 54% Jan 55 % Jan 57% Jan 16 % 17 995 16% Jan 17% Jan 39% 41% 7,341 39% Jan 44 % Jan Jan 25% Jan 24% 24% 2 23% 25 25 % 125 21% Jan 25% Jan 25% 26 % 190 25% Jan 27% Jan 30 30 30 27 Jon 30 Feb 45 46 % 64 40% Jan 47% Jan 31% 32 % 414 30% Jan 32 % Jan 14% 14% 647 13% Jan 14% Jan 44% 46 % 21 22 28% Jan 31% Jan Harbison Jan 18 Jan Feb 42% Jan Joy Jah 88% Jan Lone 6% Co 6% Jail 33% Jan 34% Jan 37% 40 36 Jan 40 Jan Jan 10 Jan 17 % Jan 7,481 9% 8% 1,680 16% 2,519 2,720 8% 16 % Feb 21% Jan 22% Jan 100 22 10 14% Jan 15% Jan Jan 32% Jan Jan ' ■ .14% 14 31% 32% 1,260 31% 27% 28'% 92 27 % Jan 28 V4 —* 33% 33% 100 32% Jan 34% Jan Jan 34% Jan 33% 34% 1,324 58 "2 Jan 61 % Jan 26% 303 24 Jan 26 % Jan 75% _5 100 59% 26% 58% 34 % 58% 50 34% 77 % 478 75% Jan 78% Jan 6% 47 6%: Jan 6% Jan 36% 37% 407 36 %i Jan 37% Jan 16 '/a 16% 10 15% Jan 17% Jan 37% 37% 942 37%! Jan 38% Jan 45 45 Jan 46 Jan 6 6% % : — ~ 10 — 10 43 V2 47 1,158 46% Feb 47% Jan Corp „— Co 33% 682 32% Jan 33% Jan a27% a28 23 28% Jan 28% al5% al6 100 16% Jan 16% Jan 34% 34 % 140 ?3 % Jan 35 Jan 42% a44 491 43% Jan 49% Jan a - , — Mfg 62% Jan 72% a54% a55 % 165 54% Jan 55 5 100 5% Jan 18% Pittsburgh Plate Glass Pittsburgh Screw & Bolt -—_ Corp— Toy Mining United Jan Engineering As Foundry Alloys Steel 5% 5% 36% 31% 5,210 255 30 36 31% 66% 28 65% 28 69% 193 45 20 — 17% 2% 17% 2% 27 2,180 — 41 41 — 78% __ — 28% 15 28% -12.50 Electric Corp 143 163 120 1,765 10 Westinghouse 39% 17% 6% 1% — 54% Brake Air 38% 17% 6Ve 1% 5 * Co 71 31 __ Vanadium 56% 53 34% — Range Since Jan. 1 Ml un Low High 34 —10c — — Shares 69% — 5 Axle Rockwell Spring & San 66% 5 Oil Corp Plymouth Jan Jan 5% 36% 31% —1 5 2.50 25 10 * — Westinghouse Jan — 10 convertible preferred Jan 7,551 17% 1 _ T Corp Pittsburgh Brewing Co common $2,50 — —-- Co— Natce Jan 56% * * 1 - — Sales for Week of Prices Low 1 Steel Week's Range Commercial McKinney 18% Jan 11 36% Gas Star Jan 407 59% 280 ——~—— Manufacturing 6% 5 Jan Jan 33% .19.50 (Joseph) Horne 1,000 a__ Jan 22 % 32% • 50 Brewing Co of Pittsburgh—5 Light Co , 10 Gas Co —8.50 Walker Refractories ——15 Equitable 85 196 46% Jan 58% • - Jan 20% 33% 21% com Co 43% 56% • » — 851 2,864 56% 1 — Ludlum Duquesne Jan 17% 18% Jan 9'A 1 Corp Duquesne Jan 60% 35% 18% 54 3"% Gas Improvement 27% , 633 .r—25 695 10 — Columbia Gas System 500 5 Jan 54 7ii 57% — 10 Corp Blaw-Knox 2,297 — 84 58 % • . 1st pl'd—_ Gas Jersey Allegheny 85 65% Jan Par 18 62% 82 Friday 46% 63% 20 Sale Price 39 % a57 % a58% 230 83 % Pittsburgh Stock Exchange 33% a 33% STOCKS 35% a Jan 32% 45 % 5 ' 6% a43 Jan 33% > Paper Co.—— Jan 113 Jan 26% J-864 2,163 * 105% 410 27 % — Jan 36% Jan ' 10 — Washington Gas Light common— Woodward & Lothrop common.. . 85 __ 46% Jan 32 * 17% a27% Jan 34% 21 Power common— cum Universal Jan 106% 46% 44% 1,633 __ * preference non United Jan Jan | 357 36% 16% Continental 35% 46% 45 Corp div United Jan 29% Jan 35% !16%c Jan 28% 8'% 40 Jan 38% 57% Jan 16% L)_. Inc.- Jan 27 7% 45'4 33% Jan Jan 56% 7% — 345 8 35% 15 Jan 34% 105 % Jan ■r— common Jan 16% 57 70 Pa v — Jan 30% 1,096 24% Jan a„„ — 59% 24% 64% 76% Jan 37% 17% Scott Jan 377 25% 35% 969 45% • Jan 33% —— 320 67% 14% t c Mfg Co... Service Electric & Gas com 4% Jan Jan 30 ''8 —5 (Un) Jan 38 % 17 y4 16% Co (Un) 21 1,405 42 % a29 37 64% " 5 v Drug South 42% 58 %. 36% Jan 65% i .66% Reading Co common a__ a 37% «... * Jan 36% Jan a Mng (Un)—*___50 Jan 37% —. Co Co $1.40 Jan 5 (Un) Refin & 20% Corp Public Jan Jan a 38% 10 * 1 1 (Un)— Jen Jan * Co Corp Jan Progress Jan 20 % 12.50 —10 —5 —1 common... Lines Air United 18% 83% Co Potomac Electric Jan 17% 63 % • 10 25 10 (Un) Carbon & Electric Oil Co of Calif 56 245 1 Film (Un) 60 Jan 285 11% Century-Fox Twentieth . Jan 53% a62 % a63% — — 55% 196 14% 1 25 • —50c 10 25 5 —2 1 (Un) 2,722 225 , Co Jan 16% 5 (Calif) „i_———— 25 Co (Un)— 25 Electric Products 7.50 & 390 Stores, Inc Philadelphia Electric common Philadelphia Transportation Co— Philco 52% 16% aG2% 1 (Un) 18'/a 10 Pennsylvania Power & Light cornPennsylvania RR Pennsylvania Salt Mfg a__ a__ 58 a 18 % 56% (Glenn & Pennroad Jan 57% a51% 16% -..'V 1 Merck Jan a52 Jan 18% 2 Watch (The) Martin Jan 23% Feb 21% 22 % 57% 30 Dairies Peoples 59 —5 (Un) Inc (Un) Oii 587 21% (Ind) com 1,887 a39% a40% 47% California of Co Co 26% 7/64 21 % Feb Jan 30 Jan a40% 11% 10 Brothers Hecht Jan a44% • Jan Jan Co Motor Hamilton Feb 50c Jan 15 27% Battery. Storage Gimbel Jan Jan (Un) Jan 28% Jan Jan 20% 26% 30% Jan 13% Feb 531 1 Jan 26% 65 5 pfd General Motors Corp Feb 407 23% 22% 28 966 13% 142 Light Co Foremost Jan 40% 23% li 48% 186 40% 195 28% 13% 2,746 Company Ford 33/64 Jan 28,234 986 Mid-Continent Textron Vica Jan 875 Oil S 48% 5 Oil Sylvania U Jan 25 Mold Corp Superior Oil Co S 46 22% Oil Super S 2,877 30'% Studebaker U 48% 2,667- 29 % 28 Fidelity & Deposit Co Jan 5 Sterling Drug Inc Stone & Webster U 88% JS 28% 11% Duquesne Feb 48 Jan 29% Jan 77 53 % 177% 9% Jan Jan 504 1J1 Jan 29 >/4 3% 77% 50% 170 % 11% 4% 61 50% Jan 2.891 46% 29% 55% 48 61 49% 173% 177% 1 common Jan 77 77 J&D Feb 9% Jan 4% 31% 48% 4U% 50 Co non-cum Electric 6 V« 25 'Standard Oil Co of N J (Un) 7 Standard Oil (Ohio) (Un)__——-—10 Stanley Warner Corp <Uni :—5 Stauffer Chemical Co—! 10 U 400 __ _ _ Jan 3% 53 165 % 29% Brands Inc Standard Union 4 5 Standard Union 53 53 4% Jan 369 28% 1.80 Jan 29 . 27% 13 Campbell Soup Co _ 25 Chrysler Corp _ 1 Curtis Publishing Co Delaware Power & Light common...13% Jan 26% 150 3% 3% — - Standard Union Jan $2.50 a51 a51% a51% 32 Sperry-Rand Corp Trans 52% 19% 29% Rights Texas Baltimore Transit 1% 46% Co (Un) Southwestern Public Service TXL Jan Jan Jan 19% r 1% 1 11 28% Jan 300 Si 28% 47 176% 6.50 City Electric Co Baldwin-Lima-Hamilton Atlantic Jan 4C c 1% J! Railway Southern 1 -100 20 % Jan 3c pfd ser A 25 Petroleum com__2 Co (Un) 5 Pacific Co * Southern Texas Jan Jan 14,000 1 % California Southern Swift 42»% 21 391 43 % 3c Co Tel & Range Since Jan. 1 Low lligli 28% 10 Steel common Wood 40 23 Co Gas Cal Soutnern Sunrav Alan 375 -25 ^—25 - Shares Low Par 40% 42% 42% for Week Jan 47% com 1—— 4.32% pfd Co 4.48% pfd Ccnv 12% Jan Jan 114% Sales Week'* of Prices Last ' — — —.— Edison Calif Southern (Un) Jan 63% 23% 23% f 15 Corp 11% 482 40% 2 Co class A 375 67 > —7.50 Co——- Oil & Gas Signal 12 67 ' 1 3 — 1 * 2.50 com iUn)_"-_ Inc Sharon Co Finance Seaboard Jan Philadelphia-Baltimore Stock Exchange Friday 11 % 11% 10 St Louis-San Francisco Rv (Un) • St Regis Paper Co (Un) „ _5 San Diego Gas & Elec com—:—-—10 San Mauricio Mining p 10 Sapphire Petroleums Ltd—... 1 Schenley Industries (Un)— -1.40 Schering Corp (Un). : 15c Scott Paper Co • Jan 12% 13% stocks (Un) Lead Joseoh Jan 337 al9% 2.00 (Un) Telegraph Jan ' St 24 % 894 23 % „_25c Stores Jan 36 " Inc stores Jan 9% 10% 23 Youngstown Sheet & Tube (Unl. 27% 10 — W Fine Foods and Saiewav Jan 23 9% Sale Price S Jan 10% 23% 1 . _ 3 93C ' 1 94c Jan Jan 93c —1 Richfield Oil Corp " Riverside Cement Co class A (Un)—25 Rohr Aircraft Corp (Un) 1 Roos Bros 1 Royal Dutch Petroleum Co (Un)—20 g Ryan Aeronautical Co —1 High Jan 80c 4,708 ; 94c Jan a53 a55% 54% a Range Since Jan. 1 Low High 10% 523 16% Share* 81c 94c 1 . (U11) Air Western (Un) com 19% 25 % 1 10 . (Un) Reynolds Tobacco class B Rheerr Manufacturing Co Rice Ranch Oil Co 31% % 17% 1 1 Inc Westates 727 for Week Low Par H'gn 50% 52 Range of Prices Last 19% —10 Gas Co Oil & Reserve Low Sale# Week's Friday Sale Price 33% 29 1 5 common Inc 1 Range Since Jan. 1 High 33 M * FEBRUARY stocks Shares Low Par ENDED for Week of Prices Sale Price WEEK FOR Sales Range Last STOCKS 78% 79% 7% 7% 33% 33% 27% 28'% 5c 5c 15 15% 36% 36% 28% 29% 54 55% 200 135 140 135 97 2,000 250 60 305 283 53 Jan 62% 38 % Jan 43% 17 Jan 18 Jan Jan Jan 5% Jan 6% Jan 5% Jan ,5% Jan 34% Jan 36% Jan 27% Jan 31 % Feb 64% Jan 69 % Jan 28 Jan 29% Jan 69% Jan 73% Jan 33% Jan 34% Jan 1% Jan 1% Jan 17% Jan 17% Jan 2% Jan 2% Jan 40% Jan 41 Jan 78 % Jan 85% Jan 7% Jan 7% Jan 33% Jan 37 26 % Jan 28% Jan Jan 6c Jan 5c Jan 17 Jan 15 Jan 36% Jan 39% Jan 28% Jan 30% Jan 53% Jan 58% Jan CANADIAN MARKETS WEEK FOR RANGE ENDED FEBRUARY 1 Cinsdlu Friday Last ■VOCH ■ale Prise & Acadia-Atl8ntic class 5% Sugar 0 * 100 com A preferred Agnew-Surpass • Paper common. Shoe 0 __ 31 Sale* Week's Range far Week oi Prices Shares Aluminium Range Since Jan. 1 33 3,590 a8% a 8 % 20% 200 94 35% Feb 31 Jan a 135 20 % a/ Hign Low High 31 " Steel Algoma , 20% Jan 20% Jan 94 Jan 94 50 94 Jan a / 2o 7 Jan 7% Jan Aluminum Co * Ltd of preferred 4V-i'/o all Orders bandied on Canadian Stock all Exchanges through our Canadian affiliate which has a direct private wire from coast to coast. For footnotes see pave 44. W. C. Pitfield & Co., Inc. * uorp Steels Ltd Tel: HAnover 2-9250 — of Telephone 5% Bo water Brazilian NEW YORK * 25 50 B Class —— pfd Traction Light A Power Bank Note Co British American British Teletype: NYl-1979. 25 pfd 5% * Montreal— 10 Bank of Nova Scotia JO Banque Canadlenne Natlonale—.—10 Batburst Pow Si Pap class A * Bell 30 Broad Street pfd—25 -r»0 =—50 preferred $2.40 Asbestos Bailey Selburn on 4% Anglo American Explorations 4.75 Anglo Canadian Pulp preferredAnglo Can Tel CO'4%% pfd——50 Argus Corp Ltd common • Bank Canadian securities. Canada American British • * Columbia Elec Co Oil common red pfd— preferred 5% preferred British Columbia Forest British Columbia Power 4%% " 100 100 50 cum 4% Products • " 116 115 % ■ales Week's Bance fer Week ef Prices ■hares Range Since Jan. 1 Hip LOU) Hiah Low Par Atlas Fast quotations Last ■ale Price Fandi Low Par Power Abitthl Friday •TOCKS Montreal Stock Exchange 2,627 111 Jan 120 112% 115% 3,181 109 Jan 117% a23 50 120 115 a23 Jan Jan 22% Jan 23 Jan 46 Jan 48% Jan 46% 16 46 „ 2,982 16% 300 15% Jan 16% Jan a 50% 10 50 Jan 51 Jan a 50% 40 Jan 43% Jan 16 % Jan 17% Jan 4b Jan 46 40 al7 a 46 42 395 17% 50 46 100 45 Jan 2,687 30 Jan 31 33 30 Feb 30 26% 27% 2,890 26% Jan 29 Jan 26'% 36% 37 355 36»/4 Jan 37 52 % 52% 53 1.508 51% Jan 58 59 205 57% Jan 42 42% 805 41 % 42 56 40 56 42 % 25 37', '2 Jan 58% Jan 39 Jan 54% Jan Jan 56 39 56 40, 59 Jan Jan Jan 40 Jan Jan 46% Jan n 45% 45% 5.860 45% 44 245 42% Jan 44 Jan 43 45% 34.784 7% Jan 9 Jan 8% 8% 9 33% 125 32 Feb Jan 32 34% 32 47 6,179 45 Jan Jan 45 47% 46 92'% 190 QO% Jan Jan 92 92% 92 % 80 55 80 Jan 80 Jan 80 49 Jan 48% 48 48% 435 47% Jan 13% 4.250 12% Jan 13% Jan 13% 13% 1.330 43% Jan 45 % Jan 44% 44% 45 « The Commercial and Financial Chronicle CANADIAN MARKETS RANC& Friday STOCKS Week's Last Par British Columbia Bruck Mills Ltd Telephone class Power Power Canada Malting $1.25 98 Canadian 62 Coghlin 50 50 50 Jan 55 23 Jan 23% a91 a92 40 54% 24% 25% 25 26% Jan 28% 13 Jan 16 15% 2,495 27% Jan 29 29 29 29 330 Jan 9 8% 9 6% • pfd 25 Jan 19% 80 & 10% 10% 600 26% 27% 4,277 2.9% 29% 110 al3% 22 22% 3,541 al3% al3% 25 a7 Jan 17% Grain Ltd Jan 31 Jan David & Jan 55 Jan Dominion al4% al4% 30 a 14% ...5 IIIII* • com 5 * I. com_^_» • HII I 21% 3.685 20 % Jan 22 43% 115 39% Jan 44% Jan 8,056 11% Jan 12% Jan Fleet Mfg Jan Motor a20 55 19% Jan rvrd 9 1,896 Jan 9% Jan Hubbard 29 435 26i% Feb 31 % Jan 30 30 435 30 Jan 30% Jan Internat 19% 19% 857 19 Jan 20 Jan Investment Jan 82% Jan London Jan 7% Jan Lowney Co Ltd 19% a6 % 27% a6 % 20 27% 80 7% a._ A 475 27% Jan 27% Jan all 75 11 % Jan 15% 11% Jan 16% . • Candn Power & 52% Jan 54 Jan 25% Jan Mount Royal Dairies Jan Mount Royal Rice 102 102 % 100 101 5% 600 5 57 2,211 53 Jan 39% Jan a38%* 1 #3 9 112 a8 a8 39% 40% 725 25 705 12 25 12 11 510 11% • I <50 Jan Power Fob 6'/o Feb Premier 57u 39%- Jan a... a._ 39% 24% 11% Jan Jan Jan 26 Jan Jan 12% Jan 435 11 Jan 37 11% Jan 36% 37 845 36% Jan 41 83% Jan 82 83% 2,670 79% Jan 83% Feb 52% 55 5,339 52% Jan 11% 11% 3,827 11% Jan 26 2,640 1 49 49% 150 42 250 16% 17% 12 12 25 101% 103% 4.686 1,011 96 96 97 •182 46 42% 46% 2,290 290 293 315 57% 11% 24 Jan 26 47% Jan 49 41 % Jan 16 12 Feb 101% Feb 96 17% 12 110% Feb 42% Jan 280 Jan Feb Jan 102% Jan 47% Jan Jan 295 Jan 52% Jan 52% 3,825 48% Jan 24 56 Jan a24 50 24 Jan 24 Jan 18% 19 600 Jan 19 125 125 200 125 Jan 126 Jan 18% 18% 150 18 Jan 19 Jan 9% 18% 9% 100 9 Jan 18 18 150 18 Jan 33% 33% 26 26 25 6% 6% 11,345 35 1,430 9'/b 18 Jan Jan 30% Jan 35 Jan 26 Jan 26 Jan 6% Jan 6% Jan 84% 85 140 84 Jan 85 60% Jan 62 862 58% Jan 63 Jan 47 47% 46% Jan 10% 300 10% Jan 11 23 Jan 23 1,205 22% Jan 23% Jan 105 23% Jan 24 Jan 575 23% 15% 16 48 Jan 525 15 Jan 16% Jan 150 20 Jan 20 Jan 100 95% Jan 26 Jan 28% 41 Jan 41 Jan Jan 45 Jan Jan 57 % Jan 20 20 95% 95% 26 27 430 41 41 350 45 45 100 45 50 31% Feb 35 Jan Jan 115 Jan Tn * _ Z1ZZ • • I* 51 50 51% 4,365 31% 31% 32% 371 113 I common 115 670 24% 24% 40 , I.IIII 1 Company ~ • of Canada...!!!!.!.!!!!* conimnn • _ "I common 12% 42 % 59 53 • 95% Jan Jan I l. Canada..!!!!! in ~ common * 17% class aIIIIHI _For footnotes see "com"* I'lOO pa-xe 44 Jan 13 Jan 1,880 42% Jan 45% Jan 55'% Jan 59 Jan 59 Jan * 55 17% 29 17% 70% 69% 71% 17% 18% a33 1,465 35 45 % *Jan a__ a__ 27% Jan 29 Jan 1,300 17% Jan 17% Jan 25 20% Jan 20% Jan 3.092 67% Jan 72 % Jan 19% Jan 1,792 16 Jan 50 28% 15 385 14% Jan 17% 17% •15% Jan 5,500 17 Jan 18% Jan 97 96% 97% 170 86 84% 86% 2,268 a43 5 47% Jan 31 Jan 95 Jan 83% Jan 89 Jan 43 Jan 44% Jan • 97% Jan 47% 47% 850 47% Jan 40 133 40 100 38 Jan 40 Jan 5 133 Jan 133 Jan 133 36% 37% 3.674 a23 a23 100 a48 a48 40 a__ 24% 24% 25 450 21 Jan 25 Jan 29 29 29 550 28% Jan 30 Jan • 8 Jan ' I~ , 5% 8 1.125 7 Jan 30% 25 30 Jan 1.00 1,700 102% 103 1,719 1.60 1.60 150 14 200 14 20% a20 % 50 a41 a a41 7:% a7% 10 a22 25 133 Can 6% 2nd 47% Jan Jan 1.00 105% 1.60 14 Jan Jan " Fen Jan a__ Jan i41 Jan Jan 8% Jan ?1 Jan \2i ; Jan 83 Jan 83 83 12 12% 300 Jan 12% Jan 31 1.230 30 Jan 32% Jan .___* 37 37 37 5 37 Feb Illl'.l* 37 Feb 55% "'54 % 55% Jan 91/4 cum 1st 105 11% 85 Jan Corp Jan 44 Jan 40 65% Jan 63 Jan % 5 % 250 5 % Jan 18% 19 1,250 16% 16% 100 16 Jan 131 % 131 % 50 131 Jan sv~ 5 pfd Line 100 • Co.. 5 18% t 131% a65c a65c al.40 al.40 4 38% 39% 43 43 104'% % 3.80 II • 110% * Ltd 61% Refiners Ltd.l (L E) 63 3.80 . 10 Anthonian Jan 435 37 % Jan 55 42% Jan 113 1,370 104% Jan 117% Jan 64% 305 63 % Jan 64% Jan 4.00 700 3.10 Jan 4.30 Jan 17% Jan 18 Jan 35 25 Jan 25 Jan * a40 a40 3 46 Jan 46 Jan- I_* _I__1 Ltd Corp 2dc'• l Ltd : -9%c 10,000 8 %c Jan 10c 23c 20,000 22c Jan 2'c Jan* 14c 9,000 11c Jan 14c Jan: 1.70 -1.56 1/70 1,500 26c 20c 28c 77,800 1.85 500 Iron Co ^1 1.35 8c 1 9%e Ltd. Ltd. 1.85 & Ltd A 1 Barvallee Mines Bateman Bay Mining Ltd Lake Mines Gold Belle-Chibougamau Bouseadillac Brunhurst 6,960 8c Jan 9%c Jan 3.500 8%c Jan 11c Jan 14c 1,000 12c Jan 16c Jan "18c 2,500 16c Jan 21c Jan 17% Jen 20% Jan Mines Mines 1 10 1.00 1.16 17,800 9%c 30c 9c 10 %c 29c 33c 85c Jan 9.500 9c Jan 14c 34.800 25c Jan 35c Jan 3?c Jin 1.25 Jan- Jan 27c 31c 175,700 23c Jan 86c 1.08 217,000 86c Feb 10c 10c 6,000 1 37 1.37 1.45 2.300 50c 50c 1,700 40c Jan 55c 17c 19c 63,500 17c Feb 23c Jan 1 1 19c Oils Atlantic Oil Jan Feb 11c Jan 1.70 Jan Jan 16%c . / 28c 11,267 26c Jan 29c Jan 17c 5,000 14c Jen 17c Jan 1.05 1.15 5.900 1.05 Feb 9c Jan 1.50 Jan 15c 17c 55,000 1 1.30 1.00 1.30 2,900 1.00 Jan 1.30 Feb _» 1.75 1.70 1.75 4.GOO 1.40 Jan 1.85 Jan 1 45 1.38 1.52 15.500 26% 27% 14,500 26% Jan 28% 9c 9c 2,u00 7%c Jan 10c Jan 11% 5,800 10% Jan 13 % Jan Ltd.ZZZ..* Ltd 1 Mines Ltd___l * II * Ltd_I_I___2 10% (Dunsmuir) 4.35 4.35 53c 54c G,000 6.15 6.75 1,900 6% 6% 4.45 300 1.35 3.30 53c 6.15 Jon Jan Jan Jan 19c Jan 1.52 4.45 57c Jan Jan Jan Jan 7.00 Jan Ltd— 3 Canadian Lithium Mines Ltd 1 Canadian Pipelines & Petroleums Ltd.l Can-Met Explorations Ltd 150 40c Jan 1' 77c I.IIIII.l - 10% 6.75 Ltd Co ... preferred 1.37 Jan 16c 1 08 Ltd Admiral 8%c 1.50 25c Corp Canadian 26c 26c 1 Ltd Mines Collieries 3'C 92c Z__ZZZIIl Canadian Common 1,700 __1 Mines Ltd Edmonton Canadian Ltd. Ltd Lands 18 % 1 _ Chibougamau Oil ' Ltd. Ltd.. Uranium 17% 1 Developments & 17% .1 _ Ltd..: Petroleums Campbell Ltd.. Ltd.. Mines Burnt Hill Tungsten Cabanga Mines Refining Corp..... Gold Mines Jan 1 Ltd & 2.15 1 _ Mining Corp Bonnyville Oil Jan' Jan* Feb 9 %c 1 I 2.00 30c 9%C' 1 __ 1.85 Jan Jan 9c 1 .... Band-Ore Gold Mines Ltd Bandowan Mines Ltd 1.56 20c Jan 8c Gas Oil . „ 14c Bailey Selburn Red Jan, 9c 16c Beaucage 10% 23c Ltd___I.ZIZI__Il Bellechasse Jan ll%c * Beatrice 9 13c I.IIII* Ltd Jan 100 Aumaque Gold Mines Talc Jan 43 2,110 Ltd... Mines 40 25 1 Sulphur & a__ 17% Ltd Metal Jan" Stocks— Mines Nickel a 65c 10% Mining Coru.: Mines Jan "■ Jan 65c 4 10 Ltd. Lead Jan 16% 136 25 Ltd.l Mines 24 Jan 17% 1 Oil 18%. Jan 5% » ^ Ltd and 43 Ltd.IIII.5 Ltd Breweries 77c 300 76c Jan 80c Jan 37c 40c 5,550 35c Jan 45c Jan 6% 4 Jan CnrMer-Ma'.artic 5°0 2.80 Jan 3.05 Jan 3.45 3.80 6,800 3 00 Jan 4.05 Jan \ Gold 50c 47c 52c 16,900 40c Z 1 ,___! "I* L'd.III.l J-n 40c 40c 42c 1,700 40c Feb 14C 14c 15c 37.700 14c Jan l"c Jan 6%e 6c 6%e 3.600 5c Jan 7%c Jan Jan 7%c Jan Jan 8.30 Jan Jan 9c Mines Development & Min Central Leduc Central Manitoba Cheskirk 2.80 3 50 Mines Ltd Capita' Lithium Mines Ltd CRrnecle Mines Ltd Celta 2.80 1 Canuba Oils Mines Chibougamau Chiboi'gamau Co Ltd Ltd Mines * - Ltd Jaculet Ltd Chibougamau Mining & Smelting " 7c 7.30 550 8c 8c 4 000 8c igc Ltd.!... 7c 7.00 7c ♦ ~ Z~*Zl Ltd Explorers 1 Jan 150 40 Ltd 25 Jan 44 Corp class A. Co Jan 9 % 66 * 6% & Jan 44 common Pipe 25 Jan 66 * • Canada 8% 50 Ltd... Power 49% pfd.50 Ltd.: common Pen Oils Canada 7% Feb 3034 pfd... Mills of Mines Calgary 41 „ Jan '!" , g Ameranium Calalta 14 Jan 30% 30% pid___ Gas Bouzan 1.60 Jan 39 of part Finance Mining Aull Jan a— 14 a 102 Jan 23% Jan Waterman Atlas 95c 103 1.60 39% a__ Jan Wainwright Producers Arno Jan 44% Bros Arcadia Jan ' Jan Telephone Anacon 23% 42 red Altex 36% 95c .1 Jan a— 7% . 68 a__ 125 Trans Mountain Oil Alta Jan / 25 Steel Traders 65 5 Preferred 5 7/ 202 15 17% B preferred 12% Jan 1,200 a43 Power"commou." preferred 4%% pfd. I Williams of Canada" 1,875 25 43 a33 """"ion Jan 59 18 % * » _ ~ 12% a20 '/2 a20% ... 24 % % 53 a__ 44 % c Calumet 57% 28% • 100 . al2 al2 % . (Canada)IIIII_II common 12% 42 a 19 Jan 44 * HI" 24 a35 a. n Jan 25 (Can! Baker 62 • ~ al.35 a35 a 7 15 Jan 85 7on 1.35 Jan 50 • ~~~ 38% Jan Jan Hotel 51% 16 Jan 6 25 14 Windsor Jan Jan 23% . 38 420 68 Jan 100 Canada 47 '/< 23 104 ,7% _1 Ltd Mills Products 10% • 38% 6% Jan 4.00 800 Westeel 1,105 • A 38 46 360 Western 51% 47% Feb Jan 15 Jan 51 125 Jan 37 44 9% Jan % 44 Jan Jan 51 % a 4.00 .133 55% Canada Union 41% 18% 100 38 9 Southern Tooke Jan 15 Corp n Quebec Jan Jan 19'/ Ltd.........* Reitmans ■ 42 % 23% 125 Light & Pow Co Ltd.10 Quebec Power Co Ltd com..* Northern 5% Jan 55% Jan 102% Jan 5% 56'/a 30 i Jan a3.50 Newfoundland Jan Jan Feb Jan 11% * Jan 27% Jan Janr/ 18% 6 a22 Corp 16 1,170 21% 125 14 17% . 37 37 M)__ Jan 33% 12 5 30% * 15% Jan 30 1,079 50 a _* 1,615 Jan 29 23% alS'.i, ai8% Feb * A cidss Ontario 30 17% 22% 14 * _ & Paper Co * Power Co Ltd pid..." Mexican Light & 21 25% Feu 95 ai25%ai25'/8 37 ♦ common (Walter 1,605 25% 3 -_ Investment 5,364 49% Jan 10% - 68 (Can) Ltd 6'« pfd..20 Foundation Ltd com__^___* 31 11% 16% 100 « 25 % 55 540 38% Ltd."...* Ltd__2 Can 30 39% .14 ~ " Jan ft— 10% I J«i,n 10% Jan a__ ia% , _.50 A 10% " 14 ..III* A 10 Jan 10% ,7A"I_* Sec Works Ltd 22% % 40 A.lOc Paper Co Montreal Refrig & Storage Ltd Moore Corp Ltd common 6% ~ _ B of Co 30 a38 500 Jan 3a% Jan a2.50 __49 class class 24 102'% cl Linoleum Co Ltd 420 » ~ l.ro & 53 % 30 10 al2 9% 1.20 a46 Paints Minnesota 2,170 rttylt Jan Jan 1 16 %' * pfd__,_ MacLaren a._ 27 Va all ~16 Co Felt Class 9% j _<■ a20 8 150 LOV 95c a46 .*■•«'.' B . Co 8% 19% 37% * Products 26% 3 B Corp 4^ PeD Jan Range Since Jan. 1 23.800 9% • A...* Ltd 8% _ * Steel 26% - J Ltd.IZIIII I* Corp Limitee Federal Grain 12% Eastern cl Ltd Advert 1.00 _* class Standard Oilcloth 43 Z.ZZZZZ. I & 7 Jan Corp Co Ltd Engineering uumiinoii Jan Ltd Li 12% • common. preferred Sherwin 15 iR Frere 20% 101% 7.50 Corp pfd. Cement jan Sales Skates High , 22 % al8% ... 12% * Corp Jan Div Paper 20% 50 "joo Transport Lawrenc 14% 5 '/a —1 Howe- Lawrence Jan 17 51 1 priority Ltd 3.60 for Week Trices - . Consolidated 29 • Power Co Products Preferred ... Jan 14 * class oaii Exchange 95c - 10% • i.2-. Consolidated Jan 7% 401 Development Co 23% a__ Jan 877 ZZZZZZ* common of 7% 54 ZZIZ~~50 Ltd Jan a__ 31 ZZZZZZZZlO Mills 2.85 Fund« "14 jgi/., * _» ; ; I* Ltd.III* Co Rand Preferred al7 1 common common Oil Dock 53 % Canada Oil 19% Jan 54 _• common. 7% 15% 30 10 Page-Hersey Tubes Preferred 16 % & Ingersol al7 24% Niagara Wire Weaving Noranda Mines Ltd Royal Bank Canadian 54 « preferred Series 30 100 Locomotive Paper Jan Jan 30 • ... A a8 80 (Robt) class A_. Breweries Ltd class V) 31 29 • ZZZZI -IIIII" ... Co lJ% 24 al2 1.20 Sugar Co General ZZZZZZ* Mersey Paper 5%% Provincial Dredge Neon • Bloedel class Co Arena Canadian Jan _ Preferred Corp Canadian Jan Jan 33 ..100 Ad^sev-Harrls-Ferguson Bros Jan 28% 16 Jan ~~~100 Powell River 10% Jan 30% aZZZZZZ"* Flour Jan 4,001 pfd. Trust 10% 27 30% common National jan Jan 1 -_._i 30% 7% ... Car Jan Jail 10 : 30% com of Mcooll Frontenac 71 23 Range 9I4 5 pid____ Products • Ltd Jaii Jail 68 2,ooo 37% 9gc 100 Ltd..: Dominion Westinghouse 80 Powders Steel Co. <k Silk 7% pfd National & Canada Food HZ"" Z_ZZZZZZZZZ CorpZZZ Corp Co Burns Jan Catelli 2 Woods & 8% Canadian Candy Shops Acceptance class Class B Jan Jan Canadian • Paper Corp 7% 16 Jan 80 Paper common Petroleum Co Ltd & Penrnans 25 7% Co Ltd Lawrence Montreal al6 ZZZZZZZZZ-* Canada the St Perles Jan 100 Jan * Secord MacMillan 5% 32 2,600 16 Jan (John) Laurentide St Jan 420 7% 15 common' s Interprovlncial pipe Lines. ~~5 Jamaica Public Ser Ltd com ~ * Ltd lt>% 24 «f * ; 22 • Bronze of Jkn Jan j 12 Low • prexerred Jan common A International Power International Utilities St 30% 31 7% I'.v Belgium Stores Ltd 5% Brown Company Jan Ltd international international Rovalite Jan Fill* International Rolland Jan 26 % 14% common Mining Inland Cement (A 32% Jan 19% A preferred Roe Feb 24% 150 _Z_ZZZZZZZZZ* Sec preferred i'ueber 30'% 253 Alabas 5 % 7c Ogilvie 3,677 440 common Imperial Tobacco 4%% 31% 25% 23 % ; $2.25 Feb 30% 15 Canadian Accept Jan 6 • B Imperial Oil 13% 20% • Wares Bay Jan Jan Timber Anglo-Can Puip & Paper Mills Ltd Anglo-Nild Development Co Ltd Belding-Corticelli Ltd common Jan 24% 31 IIIII_* IIIIII* Motors Smith 5% 30 & 15 common preferred General Bakeries Ltd General Dynamics Hudson 12 Jan 30% alti com 5% Howard 27 Lumber 20% Power & O.J.1 1 320 Week's Par Abltca 20% 20 Chemical class class I 25 Ve 10% J Motors Foundation Co of Canada Prater Co's Ltd common Morgan 2,820 • Steel Ford Mitchell 450 6 22% Match Electrolux Corp Molson 13% 5% 26% I* Paper Jan 9.00 lwO 000 East Claude Ltd Lime 4j Jan 3.00 Bale Fries 2 'Eddy Mailman 13% 6 ~_50 Great Lakes Jan 0 23% STOCKS ~ZZZa Canada Steel j~n 13% Friday Jan 10 common Power Jan 7i% 2.0o Canadian Jan Jan 2 common Players l>4 50 13% 13 "/4 Jan 18 80 .—ZZZZZ35 Kootenay 9% 658 100 ZZ~2Z Preferred Dupuis Preres oau Jan oau 3,dxo * Jan. loo 3.o V J Od.il oun 20Vs ItD 8.15 3 16% Jan Vs l.u^J ',8 * 2O"/4 46-4 6/5 8.75 lu',4 Canadian Stock Jan 2.298 18% 29% Dominion Textile Donohue Bros Ltd 'il' 68 % Jan 80 18% 7% preferred Brewery 7% 15% 29% IZZI .ZZIZZZZ- & Jan 80 ZI_I_25 A_ Tar Int Nickel Jan 16 Redeemable Oil Jan 9% 29% ~ preferred preferred Dominion Steel & Coal Dominion Stores Ltd Gypsum 12% 18% • Foundries General 10 25 80 7% .-General 2,990 8 9 Va 29% Equipment Glass ti 8.25 al5-x -/Bdlo • Jan • common preferred Qatineau a 26 7% 7% a % . • common Corsets ice a8 a9 . Ltd Dominion 60 10% .2 <J Jan Cellulose Dominion 49 — — Jan Railway Dairies 47 30 ioc Jan 13% Dominion 420 69 common Jan 3,0 o2 16 % _._Z Gas. lo% OJ III* Worts oan 68% • & Jan 25 "I Dominion Famous 27% 100 <fc Limited 02 1/t.a 1/ Jan Jan Oct Jan 2o% 66 % 66 '/8 4.% preferred Corp Gooderham Zeiiers Jan l.ouJ 10 Jan 26% 1,050 Bridtre of 12% 55% Jan 15 Seagrams Pont Jan Jan 24% 15 B Dominion 11% 53% • Glass Dominion 200 2,661 > l',l Knapp Winnipeg Central Jan 20% 150 50 * . Webb 4xJ * _ Steei Walker 25 2 J • Tobacco United 25-4 19 20% Bank Oils Tuckett _ 33 27 J) class a. Jan al4 Zellerbach Power 26 29 2,610 55 24% a~- 1,425 11% 54% • Enterprises Distillers Placer 11% 10 Mining & Smelting Class 33 Jan Jan 26% Companies Farm Consumers Lower 32% 50 Vickers Combined Laura a92 Power Canada Luu. 25-r 2J - Range Since Jan. 1 High 10 ..III* Canada oi eu Triad J,.n 38 104 26 & Pacific Southern Jan 15 Jan Jan ! neek sua res 10 * Co. faieei Low ...25 commo* Ltd "lor on to-Dominion Jan a22 35% 101 al4 Petrofina (B 23 10 26% " Cockshutt Jan 1,365 • 1955 warrants Canadian 26 38 102 50 warrants Canadian Jan • Industries Preferred Canadian Feb Sons & Sales for ttange oi Prices ._* .... Hj < Southam Jan 98 30 __* Canadian Oil 65 Feb Feb common Cottons Canadian Jan 98 A class Canadian Hydrocarbons of Simon 102 100 W eek's Sale Fries common Preferred Jan 37% .25 Chem Lake Shir riff-Horsey Jan 32 • common Canadian Indust 7 Jan 27 % 1,585 38 . Par Jan 100 series Class 29% 63 15 29 29 25 Bronze Celanese Labatt 98 28 % 27% 10 com preferred Canadian Home 46% a22 Canners (' Jan Jan I 715 28% common Canadian $1.75 65 21 Vu preferred Canadian East 64 98 Canadian Bank of Commerce Canadian Breweries common Du 64% . High ' 200 • Canada Safeway Ltd 4.40% pfd Canada Steamship common 5% preferred Dow 44 % 1,660 , ^0 Foundries preferred 4 % % 5% 279 7 31 common Iron 4%% Canada Corbys 46 7 • prexerred Canada Crown 45% 30% preferred.. Cement •1.30 Consol Range Since Jan. 1 Low 1957 • Last High • common - Monday, February 4 1 STOCKS bimpsona Calgary Calgary 1953 FEBRUARY Friday Shares _• n Building Products - 46 ENDED for Week Low 25 WEEK Sales Range oi Prices Sale Price FOR ... 17' 3,000 6c 6.75 8c 55c 54c Jan Jan Jin C 21c 64.000 14c Jan 27c Jan 55c i 55c 1.400 55c Jan 80c Jan a 75c 3.10 3.10 3.70 26.400 3.10 Feb 4.30 Jan i 3.60 3.30 3.75 10.200 2.65 Jan 3.95 Jan Volume 185 Number 5609 ^ The Commercial and Financial Chronicle . (645) CANADIAN MARKETS * • , v -ft-. • - * RANGE' FOfLTy EEK r , „ * Last ' Week*** * Rang* • SalePriee Par Chipman Lake Mines .1 Ltd Cleveland Copper Corp Consolidated Bi-Ore Mines Corisol Central Consolidated Class Cadillac Denison Ltd 43,100 35c Jan 46c Jan Valor 24c 20c 25c 3L50J 20c Jan 28c Jan Ventures 16c 17c 3,500 10c Jan 20c Jan Virginia Ltd—l 15c 15c 16c 16,500 1 13 17% 18% 6.835 9.10 9.10 1.000 1.02 1.09 3.000 14c 14c 500 41 Ltd— __ 1.02 1 Yellowknife Quebec 10c Jan 17c Jan Waite 13 Jan 18% Jan - Jan 9.10 Jan Weedon Pyrite Feb 5.50 1.35 Jan Wendell Mineral Jan Weatourne 1.02 lie Jan MVaC 22c 10,100 38 38 125 1.70 1.65 2.05 58,000 12 12 300 76 76 _ _ _ .. Copper Corp & Oil — * Ltd Petroleum — Products . 1 18c 16c 19c 17,050 Feb 22c Jun Western Decalta 5.00 4.70 5.10 4,953 4.30 Jan 5.25 Jan Westville Mines 1 4.25 4.25 4.65 2.100 4.25 Jan 5.10 Rio ' 14c 9c 14c 166,500 8V2C Jan 14c Duvan * Ltd Mines 5.35 5.00 5.35 Eastern Asbestos Eastern Sol Min Co Mines Oil — Jan 5.90 Ltd 28c Jan 37c 52 c Feb 72c 1 4.85 4.80 5.15 1.200 5»c 55c 60c 4,500 3.50 . 3.50 4.80 Jan Petroleum Ltd Poniana Nickel Mines Fundy Bay Jan 55c 65c Oils Gateway Golden 3.50 500 58c __ 74c 133,100 28c Jan 80c 5,600 15c Jan 22c 18c Jan 25c Jan 38% Feb 42% Jan Feb 4.00 54c Jan 7c Jan 45c 3,700 38c Jan 7c 23,600 6C Jan 26,500 99c Jan 2.20 2.30 1,600 16c 20c 52,070 1 _ _ 17c Canadian Friday Jan 2.000 • 38% 38% 40 700 20c 22c 4,000 19c Jan 23c Jan Ltd 9c 10c 20,600 9c Jan 14c Jan 22c Jan 1 — 1 .— Mines 9c 1 19c 19c 22c 27,600 17'/2C Jan 1 , 16c 14c 16c 21,500 11c Jan Ltd— CTOCKS Jan 1.05 Jan Jan 2.65 Jan Feu 27c Jan Uranium Mines Abblcan Powm Auiuui Ltd Mines Mines Copper Heath Gold Gold Meals fauer &. Mines 1 Ltd 3.000 6c Jan Jan 7c Jan Aconic 4,000 30c Jan 45c Jan Advocate 19.500 20c Jun 28c Jan Agnew 11c 2,000 9c Jan 13c Jan Sugar 20% 800 18% Jan 20 % Feb 18c 64.200 14'/2e Feb 21c Jan 17c 17c 2,000 17c Jan 17V2C Jan 9c 9c llf.000 9c Jan 12c 17c • —5 25% 25'.2 50c ._1 26 47c ; 30.125 50c 24% 26 37c 137,523 Jan Jan L Jan Jun 50c Jan Lake Mines Uranium Jardun Ltd Mines Ltd Co voting Labrador Min & Copper 1 1 Ltd__ Corp of Canada Ltd Louvicourt Goldfield Alberta Cockshutt MacLeod Majortrans Maritimes Oils Gold & Mining Corp Mclntyre-Porcupine Mercedes JUerrill Mining of Corp Movmlor New Jack Aluminum Jan 4%% 8c ;.Jan 8c Jan preferred Amalgamated Larder 23c Jan American 21 Jan American 1.70 al8% __ 52c 1 18% 1.25 1.03 78c 75c 81c; 2.06 2.05 2.15 55c ,Jan 2.08 Jan Ltd— Corp Minerals Ltd Vinray New West Nickel Rim Nocana North Arcan Area Argus Jan 20% Jan Jan 65c Jan Jan 1.25 Feb Jan 1.86 81c Jan Jan 63c 2.35 Jan Corp preferred $2.40 preferred Gold Arjun Metals Ascot — 33c 33c 500 33c Jan 33c- Jan Warrants 20c - 23c' 1.63 14c Jan 49c 20c 3,700 12c 4.00 Feb 40c. 5 nop 1.60 13c Feb 24c 34,500 * 1.40 * Jan 1.75 Jan 14c Jan pacific .Steels* Jan Atlas Yellowknife Jan Atlin-Rufiner 9c Jan Aubelle 1,000 IOV2C Jan 17c Jan 9,500 8V2C Jan .12c Jan 16c Jan 25c Jan Avillabona 4.00 4.15 1.700 Jan 4.85 1.000 Jan 9'/2c Jan 5.55 100 5.50 Jan 5.55 Jan 3.95 9c Partridge Pennbec Mining 3.300 1.25 Jan 1.45 Jan 6.30 6.15 6.30 2,400 5.60 Jan 7.00 Jan Bank Feb 33c Jan Jan 2.90 Jan Gas Permo 4% 22c 27 c 18..5^9 2.70 2.75 14,125 Mining 22c 2.30 47c lb.ypd 39c Feb 54c Jan Pqrvue 12 2,400 11% Feb 13% Jan Earymin 2.000 lie Feb 18c Jan —: —1 18 17 18% 6.040 17 Jan 19 Jan Baska 27c 24'-.c 30c 18.100 24'/2c Jan 32c Jan Rata 1 2 40c 3.20 40c 2.86 40c 7.000 30c Jan 45c Jan 3.25 23,250 2.40 1 1.60 1.60 14c 10.690 1.40 12c 1.40 12c 16.900 12c Jan _1 13c 11c 17c 32.500 1 42c 41c 51c 29,700 41c ■ Porcupine Prime Mines LtdPortage Island (Chib) Mines Ltd 3.25 Jan Feb Bathurst Class Jan 54c Jan 1.41 1.65 96c 1.05 20.800 96c Jan 16c 18c 29,100 12c Jan 9.25 9.25 300 7%c 10c 43.200 <- 58c 62c 54,600 58c 17% Qtiebec. Sulelting Quemont Rexspar, Uran Standard Stanleieh Stanwell Steep Gold Beaver Lodge Sullivan Cons —1 ^ Ltd 1 Mines— 1.40 9.00 Jan 2.28 1.25 21c Jan Belcher Belleterre Bell Bethlehem Jan 9.85 Jan 10c Jan Jan ;77c., Jan Copper Lake Mines Tarbell Mines Yukon Bibis I8V2 Jan 19c Jan 65c 1.500 57c Jan 65c Jan 7.30 7.25 7.45 900 9c 9c 10c 12,000 9c Feb 12c Jan Black 35c 42c 73.000 32c Jan 42c Jan Bonville 15c 15c 1.000 15c Jan 22c Jan Exploration Ltd Mines 3.70 - 3.85 7.25 3,200 3.15 8.00 Jan Jan 4.20 Jan Jan Jan 64c 64c 1,000 84c • Jan 19 19'.2 2,800 18% Jan 3.80 3.80 500 38c 45c 57,000 38c Jan 57c Jan 24c 27c 14,000 18c Jan 30c Jan 14c 15c 13.300 10c Jan • 193« 3.80 74c 21 4.00 Jan Jan Jan* 40c — Trojan Exploration United Asbestos 15c 20c^ Jan I ; Ltd Corp Ltd Ltd ,1 45c 43c 46c 4.500 41c Jan 60c 1 27c 25c 27c 9,500 24c Jan 33c 35c 11.200 25c Jan 37c 2.00 * Jan 39c 35c 6.30 6.30 100 6.00 Jan 6.30 MEMBERS: 2.10 1,000 1.80 Jan 2.10 & Uranium Blcroft CANADIAN STOCK Dame St. Telephone Branch: 44th footnotes see page 44. 13 Jan 58c Jan Jan 13 %c Jan 1.80 30,350 Jan 30c Jan 37c Jan 56c Jan 16% Jan 17'% Jan 215 25 14,400 44 Jan 47,„ Jan 41 Va Jan 45 Jan 13c Jan 17c Jan 10c Jan 18c Jan 11 Feb 11% Jan Feb 4.50 Jan 5,750 3.75 400 7,988 31c Jan 102 41c 110 2,937 90 Jan 8% 12 9.143 5,263 8 St., New n- Jaa 650 26% 27% 11c 12%c 32c Jan 25c 3.50 37 %c „ 2.19 Jan 827 11,000 2,653 3.50 26% 1 5,500 982,200 26,400 48,700 69c Feb 1 41c 110 Jan Jan Jaa *29?; 1 Op, V Jan Jan 69c Feb iliUl lbC Jan Feb 39c Jan 20 V2C Jan 11C 28c Jan 2.01 Jan 12 %c Jan 17% 37 18% 37 1,760 220 16% Jan 20% Jan 33 Jan 41 1 I 17% 50c —10 10 ——I —I * * * Ltd Mihes Biricop Hats Biltmore 2.80 52% 58 — — 67c 69 75c 33%c 10c — 37% 1-45 1.35 35c 17 -- — — Gold 2.22 31c — 2.25 1-25 — 1 39c * — c^mon — * 1 1 Bay- Uranium M>nes 1°0 10%c Gold 1 l°c 16c Mines Ltd 1 1-05 Bouscttdlllrfc Bohzan — * —--1 * - Gold Boymar 1 9%c * 1 4.00 80c B * 12% common • Mines— Bralorne Mines Brax-tford Brazilian Petroleums Cordage Traetlon Tank Bridare & Bright (T G) class 8 warrants pfd— 21c Jan Jan 4 -- 58 59 10c 38c 66c 10c 39c 70c 68 75 12,650 30,000 52,300 21,500 355 25 25,647 2.90 53 70c 76c 30c33%c 10c 12c 56 58 37% 37% 1.40 1.65 , 6% 1.55 6% 1.30 32c 1.92 46 2.35 21c 9c 2.20 1.25 26c 10c 2.35 41c 20 23 Jan 45c Jan Jan 84c Jan Jan 75 Jan Jan 80c Jan 25c Jan 35c Jan 10c Jan 12c Jan 56 Jan 58 Jan 37 % Feb 40 1.40 Feb 1.90 Jan 6% Jan 6% Jan 1.30 1.75 Jan Jan 40c Jan 16% Jan 17 Jan 2.25 Jan 1.92 Jan 1.93 Jan 45% Jan 46% Jan 2.75 Jan 1.65 Jan '2.00 Jan 20c Jan 5%c , 30c 12c Feb 2.65 Jan 1.20 Jan 1.50 Jan 36'* Jan 70c CANADIAN 75c 12% 90c 12% 300 8,2 4.10 9_b 4.20 'J,:' 20 20 1,255 J50 6% Jan 1.12 8 %c Jan 12c Jan 9c Jan 12 %C Jan Jan 18 %c 6% 12U>c 1.55 Canadian Stock Exchange SECURITIES Office: York City, MUrray Hill P. Q. Li Jan Jan Feb Jan 10c Jan 3.90 Jan 4.20 Jan Jan 95c 9 Jan 12% Feb 7 % Jan 9% Jan 4.10 Jan 5.00 Jan 19 Jan Association of Canada Montreal Stock Exchange Winnipeg Stock Exchange all offset! Jan 75c Company Limited Vancouver Stock Exchange Jan * 20 N.Y>-WHitehall 4-7380 Wire system to 2-4545 Jan 8 %c Company Inc. New York 5, Toronto Stock Exchange Jan Jan 86c Members: Phillips Square Jan Jan 2.20 8,000 1,105 Gairdtier & Jan 1.02 9%c 4 00 The Investment Dealers' Jan 2ac Ajfiltafti EXCHANGE Jan v 9,200 18,700 9,500 19,900 8%c 3_9o West, Montreal Jan 10 %c Jan 62c 250 * 59 Jan Jan 68 6,000 38c Jan 56c 4,500 6% 6% 93c 1.00 9%cl0%c 10c He 16c 17c 1.02 1.16 54% 38c 100 8,202 20,545 95,368 6,000 32,814 1.30 Jan Jan 58 25 50,000 1.80 1.92 45% 2.11 3.30 9%c 285 14,300 9,000 39c 17 17 1.65 Jan 51% 15,100 2,213 1,140 7,500 3,650 5,755 2.75 52% Jan 2.75 EXCHANGE EXCHANGE QUEBEC-TROIS-RIVIERES-SHERBROOKE-CHICOUT1MI-ST. JOHN'S, For Jan Jan 8c Jan 60 Wall Street, PL-9501 1203 Branch West HVa l.ia 1 Mines Warrants HART MONTREAL STOCK STOCK Notre Jan 49c Feb TORONTO 65 Feb Jaa 1.80 ... 2.10 SAVARD Local 51% 13c 11% Gairdnei\& 230 Jan Jan —1 I : Jun 50 Jan * Ltd 16"% 8Vac 1 Bordulac Mines — 1 Jan 12 %c 50c Corp Mines Jan • Trebor Oils 1 Ud Tazin Mines •United. i Ltd Ltd 14 77,500 1 Jan — 19c 2,325 17,000 1 Mines Bevcon 13c _1 Jan 18c 45% 17% — 12c 1.80 11c —1 Mines— Quebec 100 3.70 Jan 16c 1.75 10%c Telephone Bralsaman Tache common Corn Mininir Jan Jan Jan 6c Co 46,000 _1 Ltd,__- Mines 26,600 Uranium Lumber 16c 1 70c 16c 1-80 10%c ——* — 17"2 ——* Mining Gas <fe Ltd Jan 13c 34c 1 He&ucage 57c . 45c lie * - Bros 13c 14c-' 1 Ltd_— Mines Iron 1 Ltd (1944) Uranium Gil Ltd Mines Min^s Mines Rock 60c Ltd-_1 Metals Min Co Sherrltt-Gordon Stadacona _——1 Mines————• <fc Dufet'h — 9V->o Ltd————* Corp Golci 1 1 Ltd Refinine Mining Crest South — class A — Jan 17c Corp——4.— Paper & Power B 17c 96c Development Ltd Ltd.. Petroleums 9V2C Jan 1.50 Lithium 76,062! 28c —* — Mines Bp»llie-iJuqiiesne 1 Quebec Oil Jan 11c 1 Mining Uranium Beatty 1 Quebec - Jan Quebec Labrador Development Co Ltd-1 — 20c 30c 1 Ltd— 15c Guebrc Ltd I Mines— Jan 1.65 Jan Qtufcec Cliiboiigamau Gold Fields Ltd Corp * — Explor Metals Baae Beaver Copper 68c 1 Mines 39c 11% 12c — 12c 1 Oil & Gas class A Cons Mines 11c Co -■- 20% —1 Ltd - of Nova ScrtH* 11%' • Jan 1 - Bankfield 12c — Jan 15c —1 Mines Mines iSHiiiai —~1 preferred ; 1 Mines Montreal of , Phillips Oil Co Ltd Gold 22c 2.74 , Feb 48% 12c 11 11 —• - Banff Oils 1 Corp — preferred %% 1.45 Explorations Ltd-1 Canadian 13c 37 %c 104% — Bailey Selburn 1.35 47c- — 1 Aiiniaqtift Gold Mines Gold Mines 1.45 ...— 1 (Quebec) Ltd-1 23 % Jan Jan 9%c 5.55 17' 47 3.50 Aunor 13,800 1 __ Jan 45% 25c27%c 37c 40c 16% 17% 47 47 42% 42% 13c 15c — * u Mines River 18c 9%c 9%c 22% 20c 1.80 — 1 — Mines 10c 1 Ltd 1.85 12c J.—— Atlas 12c 90o Petroleums class <.— Jan 9c 1 Jan 220 70O 20,000 23% 46% 11%- — 1 B———10 Temple common—— Associated Artists Productions— 16c • — * Mines.Ltd Uranium : Ash ]2c „ 1 — Jan 118 15% 51 — Debentures Ltd Orchan — Hardware Jan 1—1 Copper Mines — Mines Cnrp 24c * 120 Jan 16c 11c * 1 ——• 50 -50 1 common $2% Jan 20c Jan 109 23 51% 1 :— 18c 3.50 57.200 111 1,425 45% 16 * —, 13.500 47c Jan 5,385 116 23'A 46 18c * — Corp Mines 20c 43c 11% Jan 8,675 119 7.50 1,240 5,900 63,000 19c 45c 7.50 11% 112% 115'% 116% 115% Resources Mines Nickel Arcadia Jan Bank Otwmiskn Jan — Consolidated 19 %c 1 Opemisce Explorers Ltd 94 • Rotiyn Apex Jan Ltd— Oils Jan 12% 52c 56c 10c 11 %c Ltd Huronian Anglo 62c Ltd (1945) OkalLa 90 Jan Jan Northspan Uranium Mines Ltd Obalskl 1.140 6,560 210 35c :— Metals- 93% 16% 51% 852,400 Ltd Rare 92 Jan 62c Mining Corp Ltd American Jan 93% 16,565 37c __ Ltd Mines Mines Normetal 22% 19c 300 1 Ltd Jan 13c Aumacho Mines 18% 18c 3.50 50c — Mhirs Amulet 6,155 1 Anglo Jap Spring Coulee Oil & New 20% 1.98 3.50 a Santiago Mines Ltd— Jan 19 2.00 56c Ltd New 46c Jan 3.50 & Oils Ltd—- New Jan Jan 1' Mines-Ltd—. 1 Co 41c 1.58 25c ■_ Ltd Asbestos 1,525 1.70 Lead 1 Ltd 42c Explor— ..4.75 Anglo Canadian Pulp & Paper pfd—50 15% 1.00 17,550 Jan 42c __ American Jan 20 30,170 1 Jan 37V2C 5,100 1 Jan Jan 1.60 2,000 1.25 2.10 77 % 14 50 53c a 52c Feb Jan 35c 200 1.70 Jan 76 >/2 48,800 Jan 2,840 Jan 53.287 1.40 11,758 23c 14 500 53c Jan 55c 1.70 1.78 15c 2.08 Jan 1.70 1.75 1,300 14 1.85 50c 18c 48c Ltd Mines Anchor .Petroleums 1.60 Jan 1.58 Jan 53c 1.55 1.70 (>0c 1.83 1,10» 51c Jn 1 1.75 1.75 ^5c 1 Jan 1.60 1.70 2,403 Jan Jan 20c * 50c IIV2C 42c Jan 50c Anatoli 200 Jan 14c 200 Jan 500 36c ,25 —^50 u.—1 : Petroleums 13 %C _ Jan 500 56,062 Mines Jan 1.15 88c Neplieline Lediic Jan 10c Jan Jan 16c * pfd 20 1.70 — 4% 200 Jan 61c 42c 11% 10.500 8c 4,000 14c * 11c 1.15 Jan 42c -100 common 2014 5 Ltd Uranium Lafayette Jan 93c 76Va, Mining Co Ltd-: New Pacific Coal 13c Jan 300 Jan 15c — Ltd Ashdown Mines Lake Jan 70c 1.70 Ltd—, Mines Hivhbridge 10c 6,500 76'2 i Petroleum Golclvue 3,000 77c 1.70 Ltd_l— Canada Formaipie 11c 76% Molybdenite Corp of Canada Ltd^ Monpre Uranium Exploration Montgary Explorations Ltd National Warrants 6,000 Jan 7% 42c • — Aluminium 1.15 6.50 1 i.go Algoma Steel 9Vic 8.00 Jan 20% debentures Co Jan Jan 7 i —_ Oils Cons Jan 8c Jan __ Jan , Jan 20c __ common. Jan 5. — Gold— Ltd—: 54c ,_1 Ltd Ltd Mines . 17 % Jan 85c 46c 1.15 * Ltd Co Mining Petroleums Ltd—1 Ltd-- Mines Exploration Island Merrill Mines Mines Jan 18 Vac 80c 50c — Uranium Anglo 12c <*,600 5.00 15c 16c 82,870 7.00 46c 1 16c 19c 360 23c Jan Feb 14c 18%c __ trust Paciiio Algom 95 15,475 Distillers Voting Jan 31,9°5 Explorations Alberta 14c, 19c 94 7 20 ♦ Corp— 1 Feb Jan 9 6.50 Jan 17c 75 Jan 7.60 Jan 56,500 95 8% 7 Jan 19c. 94 94 Jan 24 % 7.00 10c 11c 1 400 Jan 5.70 16c * I Ltd 9 23 7 32c 1.000 8% __ Jan 35% 5.90 18c ,~ 415 Feb * 1,500 8c 24% Hiyn 65c 31 % 1 28,100 17c 23 1 43c 8c 18c 24% common— 70c __ 4,245 Jan Ltd—. lie - 1 Co Co 8.500 32% * Jan. 1 51c Shoe 36c . Ltd Explora Mining 18c -.,18c 31% — Mines 40c - 31% * 27c ■ __ ——„_l ""/ Keyboycon Mines Ltd., Kontlki Lead Zinc Mines Lithium 34c ____1 trust- Ltd j_' 1 ——— Oil Explorations Lingside 1 Ltd.,— Mines Continental 88,400 Mines Surpass 5% Indian 58c com Petroleums Akaitcho Yellowknife Alba Range Since Low High 25 Ajax .18% low 100 Mining shares 51c Acme Gas «fc Oil 22c 14Vjc 15c' 1—1 ; Hollinger Cons Gold Mines Ltd Hudson-Rand Gold Mines Ltd__ Israel 20% —1 ._i. Ltd Mines 7c 16c for Week • preierrea 9%c :i—,1 Ltd-: Sales Range of I'rires 55c common—A —: Atlantic Acadia 35c. . . Ltd_l Ltd——,—. Corp '6c 20c Exchange 1 Preferred 20c 31c ' * : & 1.90 16c Funds Week's Last 8aie PrJca 30c __ V Ltd_, Gunnar Tib Jan 1.05 Jan 3.50 18c Ltd Mines Mines Haitian , 77c 43c Jan 19c 18c Age Mines Ltd Gui-Por Pied Jan Jan 18c Ventures Ltd prandines Pitt 70c 1.00 Toronto Stock Acadia-Urunium New Jan 11,000 6 Vac Jan 1 1945 » < Copper Gaspe Oil New 12% 4 jc 1 Jan 5.20 417%c 64c _^i_l Ltd— Mines Palconbridge New Jan 1.03 Ltd Jan 10,400 1 Inc— Fano Mining & Exploration Inc New 12 6 %C Par Metal Jaye 2.35 Jan 3,000 60c Ltd—i Corp 4.70 30c 52c __ 1 Minerals & 8,300 28c 52a Ltd Smelt & Gold Empire i Ltd Mines 16c 1 1 — Ltd Copper Co Sullivan Iso jan Jan 1.65 1 1 ' Jan 22c All Jan Ltd Products Donalda jKeva tf Jan . _ Fab Hiyn Jan 15c 1 Ltd Ltd— Ltd Co Low 17c * Ltd Mines Amulet Range Since Jan. 1 High 38 —1 — Shares Low - Corp for Week ef Prices 1 _ * Ltd Mining Wayne Ltd- Mines —1 Mines Mining Exploration Copper Rand CMOougamau Cortez Explorations Lld_ El 1 1 Ltd..——, Lithium Sales Range Par nt|/n 42c —1 Continental East Low Week's Last 1 Consol Del 1-igh 35c Ltd Mines Friday Sale Price Range Since Jan. 1 .. 37c —j. Hulliweii Monpis Low 1 STOCKS 1 Mines warrants; B Consolidated Consolidated FEBRUARY Sil*.«• «■ ' _1 : Mines bharea ENDED for Week of Prices Friday . STOCK& Jan 41 42 The Commercial and Financial Chronicle (646) .,. Monday, February 4, 1957 CANADIAN MARKETS STOCKS Week's Last Mines Britaita Ltd American British Columbia 4% % 3 20 10.100 45 '47 11,105 Britisn 50 9.000 Columbia Forest Packers class A 48 B 48% 577 130 91 Jan Jan 92% Consolidated Dragon 49% Ja n Consolidated East 41% Jan 46% Jan Consoi Jan 42 Jan 13% Consolidated Gillies 2.885 12% Jan 13% Jan 15 Consolidated Golden 175 14 % Jan 15 Jan 1434 15 15 600 Jan 15 Jan Consolidated 44% 44 45 Columbia 25 45% 451,2 45% 324 1 95c 93c 1.00 10,400 1,842 431/2 Ja 11 46% Ja n Consolidated 1.05 Jan Consolidated Jan Consolidated Jan Consolidated Consolidated 19c 12c 64.3.50 10c Jan 14 12C 12c 15c 48,906 12c Jan 1 Be¬ 9 Jan ll Buffadison Buffalo Gold Red Building Lake,—, Hill Burlington Burrard new Ltd Dry & Power Calvan Cement Jan 141/2 i4i/2 _i 4.70 __i . common Class — British —* 487 23% Jan 3.85 Cosmos 216,300 2.45 Jan 4.10 Jan Cuuiee 23,730 1.42 Jan 3.25 4.40 Jan 3.55 4.50 89,710 1.99 2.80 24,240 38 39 205 38 Jan 39% Jan 36% 37 Crestaurum 370 35 % Jail 37 Jan 85% 85% Crestbrook 125 83 % Jan 90 Jau 92 93 215 92 36% 92 90c 1 — * Oils Canadian Drawn Canadian Dredge 6.70 9.000 6.10 2.622 53% Jan 3.606 f'*a 24 % 70c 14 1,700 13% Jan 14% Jan vJan 75c Jan 80c Jan Dominion Jan Dominion Jau Dominion Tar Jan Dominion Textile Jan 22% 100 __loc 1 90 1.81 1.90 "15 1,596 1 147b 15% 2.960 12 % g 30 8.25 8.30 1,930 8.20 97 B 2.625 * g\B 9% * 29% 29 29% 21 8 Jan 8% 23% Jan Evnmlda Jan 2.05 Jan Donnell Jan 1.81 15% Jail Dow Jan 8.30 Feb D11 van Jan Duvex Jan 10 Ltd 25 preferred Corp Corp, Utilities 1 Western GasI—,20 Natural WHliston — Mines Gas— Producers Asbestos Corp Jan Jan Economic 16% 16% 32% Jan 16 % Eddy Jail 2.75 2.75 500 Etluy 47c 8,700 Eldricli Jan El Jan 85c Jan El 168,856 80c Jan 4.014 35c Jan 1.72 1.42 1.75 1,562 2.00 2.50 1.250 50c 50c 500 8.10 8.00 7.90 * Smelting 1 Chirno j. Cody 11c 2.91 2,000 124,350 14% 14% 15 49^ 21c 364,200 J jyc 75c • 1.30 1.02 46c Coniaurum Key Allenbee Bellekeno Beta Consolidated Centl Cadillac fO'-itrmies seo na^e IIIIIl • I__IIII 44. 3,103 Jan 16c Jan 44,000 30c Jan 47c Jan 58c 38,512 43c Jan 60c Jan 16c 18 %c 11,000 10c Jan 19 %c 27 %c 27c 30c 5,400 25c Jan 34 14 %C 14c 16c 10,600 14c Jan 16c 5.35 4.90 5.40 27,195 4.65 Jan 1.88 1.80 1.95 106,275 1.42 Jan 15c 19 %c 42,000 6.65 1.25 52c Jan Jan 8.30 Jan 1.90 Jan 13c Jan 15 Jail 7 %c Jan 28c Jan 2.99 Jan Jan 30 31 1,630 29 Jan 31 Jan 13% 13 %: 13% nc 29c Jan Federal 55c Jan Fleet 2,590 50c Jan 3.05 80c 3.70 61.001 Jan Florida 4.25 Jan Ford 3.95 Jan Ford of 1.21 Jan Foundation 3.25 Jan Francoeur 9,600 1,020 63 310 62 Jan 67 Jan 45c Fraser 2,174 40c Jan 45c Jan 75c Frobisher 75 c 2,750 75c Jan 80c Jan 17% Jan Jan Jan Jan 8 Va class Co ic! i_,ta Fruenauf Trailer Onltwin %c Jan 4.25 Jan 4.35 Jan Jan 11% Jan Geco Jan General 10 135 Jan 20,900 27c Jan 40,300 95c Jan 30 30 30 Jan 30 Jan 37c 1.75 Jan Jan 1.090 Jan Jan 40c 52,810 38,629 3.20 Feb 4.10 Jan 8 % 5,875 5% Jan 8 % Jan Jan 15 200 15 Jan * 11 11 11 50 10 Jan 11 36% 36% 36% 25 35 Jan 39 Jan 27 27 27 % 960 27 Jan 27% Jan 15 55 54 57 520 52 15 Jan Feb Jan 58 31 %c 34 %c 11,000 31 %c Feb 37c Jan 42c 48,000 40c Jan 59c Jan 58c 75c 1,428.440 24 VaC Jan 82c Jan Jan 19c 19c 14,000 16c Jan 22c ' Jan 70c 75c 21,100 70c Jan 94c Jan 75c 1,709 60c Jan 75c Jan 35c 35c 39c 11,700 35c Jan 49 %c Jan 38 40 7,224 38 Jan 42% Jan Jan 16c 159 2.50 Jan' 5% prior Mines Jan 16 Jan 18 Jan 19% •Jan 1.75 1.88 25,820 1.00 1.05 1,070 3.80 11,006 21c 21c 28c 8,035 30% 31 380 28% 28 % 25 20 _ 1.75 95c Jan 2.09 Jan Jan 1.15 Jan Jan 3.80 Jan 21c Feb 28c Jan 26% Jan 33 % Jan 26 Jan 28% Jan 2.93 _ — _ 15 A 17c 18c 14,000 17c Jan 21 %C Jan 97c 97 c 1.00 1.525 90c Jan 1.10 Jan 6.35 • 6.30 6.65 3,925 Jan 7.00 Jan 55 54 % 102% 24% _ _ _ • 17 %c 1,034 51% Jan 643 102% Jan 26% 26 950 15c 19c 16,000 52 % 30% 31 255 2.81 2.80 2.95 11,030 80 40 7% 7% 125 — 6.30 102% 103% 30% « 55 104% Jan Jan 20 Jan 2G Jon 13c Jan 21c Jan 30 Jan 33-% 2.7G 76 7% Jan Jan Jan 3.10 80 7 Va Jan Jan Jan Jan General Dynamics 45c Jan General Jan General Petroleum 428,300 15c Jan 21c Jan General Products Jan Class Feb 7 Jan Genex 32c Jan 50C Jan 20c 20c Geo-Scientific 4,100 18c Jan 23c 16c Jan Giant 17c Jan Giant Mines Mascot 30 Jan 101 102 61 101 Jan 105 Jan 100 105 1.01 Jan Jan 35c 1.30 Jan Jan 102 105% Jan 105 % Feb 15% 15% 16 3.475 15 % Jan 17% Jan 5% 5% 5% 325 4.85 Jan 5% Jan 56% 800 53 Va Jan 56% 105% 105% Canada Mig class A 56 % 38 38% 1.392 Feb 41% Jan 5.30 "A". 56 38% B 55 Jan 26c 100 Motors 30c 45,183 27 .1 Jan Jan 39c 855 * Jan 6% 41,083 30 100 _ 38c 35c 1.26 30c 32 1 25c 6% 159,650 1.20 29% 31c — Bakeries %c 1.20 29% _ — 500 19c 15 1,050 3.35 A pfd 2,750 Jan 1,165 18% • Ltd. 19c %c 16 18 1 preferred 5%% 38c 14 15% -k— common 30c Jan 16 1.76 1 Power 15c 10c 30c 1.75 3.55 Mines 7,700 Jan 27c 1.30 1 Exploration Galkeno 35c 20c 135 Jan Gaiineau % Jan 3.95 • Co Jan 6 135 78 Jan 10c 10 18% . 2.14 35,772 135 Jan 30c . Feb 12c Jan ISc common Jan 10 %c Jan 9% 7% * Companies Debentures 59c 2.00 12% Jan 3.20 • 14 %c 23 44 Jan 8 3.20 32c Mines Jan 13,900 Jan 11% 780 32 %c 20 class Jan 135 39% 4,998 9 30 20 : Trust., of Canada Co lie 2.10 ! 1,065 12% 10 pfd iUSi_ Canada 45c 2.00 27c 43% 12 8% 135 * Corp. 4,200 9 8% Jan 17c 12,000 100 42 42 12% - 216,000 335 Jan 1 Ltd Mines— 13c 12.600 Jan 22% 38% 1.75 10 26 Jan . 65c 1.51 135 2 03 Refining _ Motor Jan Feb 15,100 14c Feb 20 610 —25c Canada 1.02 4.25 24 % 2,720 ^ Feb 2.90 10 10 21 1 Canadian— Kirkland 3.75 10c 24 20% 1 Manufacturing 90c 4.25 14 24 21 Candy Grain Jan 1.51 Jan 24 • Preferred Jan 45c 13% • com Tungsten Copper Federal 40c 7 % Jan 1 Ltd Oils 26c 15 32% 30 r. Uranium Funvest Jan Jan 685 Feb • Warrants 4,100 940 29% 10% — Players faraday Fargo 35,500 7% Jan 70c Farmer 58c 17% 20c 13% com Glacier Famous Fanny 50c 7% Jan Jail Falconbridge Nickel Jan 2.25 2.85 15c Jan Alliance 14% 2.65 Jan 9.25 Refineries Feb Jan 90c Jan 2,02 Jan 28c 3.25 Jan 5.95 i 12% 64c Explorers 1.75 2.50 Jan 3.05 Jan Jan 1,255 common Excelsior Jan Jan 10c • Mines 6% Mines %c 56c Corp 55c 45c 53 • Gamma. 12c 12 30c 33 %c 57c 40c 25c 1 Bakeries Consolidated 9c 12c 30c 4,000 A Ltd Eureka Jan 1.84 50c class 38c Oil Jan 0 Jan 40 c • I 34 %c .1 11 %c i I Corn Consolidated Per 714 * Mines Mines Consolidated II 2 50 Development r-onvniiflnfied 1 ' 16% • 1 Mines Jan 4.062 Ltd & Jan 42c ~I —IIIII." 1 ' I~~~10 Life 24c 9.85 Co Gold 62 * II MinesIIIIII National Comagas 17c Sol 2.85 91c 0 1 Mines Copper Confederation Con 3150 __,Il Yellowknife Commonwealth Petroleum Conro 3 15 "l Gold rolomar Conduits 42C 55c 25 Laxe 1,062 1 Mach Mines 26c 1 ~i Reco Com t 10c 1 Coldstream m 1.52 2.50 j Chib-Kayiand Copper Chibougamau Explorer Chiboug Jaculet Mines Chibougamau Mining & ftt'OLVSr" 1 80 Hi H 28c Pcn-Rey Oils Emerald 90c 48,750 Eaulp Jan 28c • ... Paper Jan 38c 2.90 Farm 35 %c 13 % ; rhvestment Match 69c 1.90 Cockshutt Jan » Co Common Jan 80c 1 _ 20C 30% Products Washing Jan 99 35c II _l Easy 106 Jan g3C Oils Mining Corp 234,069 50c Jan Jan common 29c Feb Jan Jau Wiilans 24c 30c 30% 5.00 Dunlop Jan 25c Jan 95 8.50 Consolidated 31 %c 62c 102 Jan Cochrane Jan Jan 54 Jan Cochenour 22c 60c 105 4.00 Cobalt 11,375 1,300 150 7.80 Chrysler 27c 60c 95 10,515 Mines 22c 60c Asbestos 31% 13,700 Gold Jan 24 %C Jan 31 17,450 Chromium Mm & Smelt Jan 54 % 1.46 95 4.75 ; 23% Jan Jan 5.25 31 7.45 - sf'eb 50 20c 11c Steel 6.75 Mines- 23 322 Jan Smelling 4.00 Mines 25 51 13 Metals 7 40 Chesterville Jan 23 50 Jan Eastern 4,00 .- 26c 23 50 Jan Eastern • Wines 24c 23 9c Eastern 1 Gai 50,300 Jan 1.25 Jan Explorers Pat Gold Jan 10c 20c 4.75 Jan • Porcupine Jan 1.80 Jan 20c 7,250 Jan Leduc Central 4.25 Jan 9c 3,815 3.20 Central Central Jan 1.77 1.31 4.75 1 Oil 3.GO 200 5.05 Jan 1 Ltd 300 9%c Jan 38c 1 a Quartz—— 1,100 1.25 Feb 1 Jan 4.75 4.50 1 . Exploration Jan Jan 9%C 2.80 69c 1.60 4.85 15c 4.80 24% 9,180 Jan Jan 9 %c 162 80c 1.40 4.25 » Mines 200 -7,7c 100 8,250 9.50 Gold 22,417 2.75 1.6J 4.85 1 Amphl Mnlartic 2.95 17 Jan 12c 1.60 4.50 Jan 4.50 Jan 9c 12c 4.75 Jan 24 % Jan 2,600 Jan 26c 2.80 2.50 15c Jan Jan 1.09 Jan 4.50 16 14 Feb 19c Eastern 46c 15 Jan 84c 42,950 Jan 25 Jan 13 30,500 25c East 46c. 14% 435 98c 29% East Sullivan Mines 77c 125 13% 84c 23c East 1 15 13% 84c 23 %c Jan » Reserves—— Gas 15 13% 1 Jan oc Copper Coy Jan Oils & Minerals 6% 103 Jan 16% Jan Jan 102 5.20 Jan 73c 5 • Feb 15 % Feb 8,109 14c 4.20 35 50c 9.210 Jan 331,168 16%' 59,100 6 10c 4.75 16 62c % 12,600 Feb 4.20 50c Jan 10c 11 %c Jan Jan 50c 13% 10'/ac 24c 1 30 26 65c Jan Ltu 102 100 common Vjokers U Co Feb 24% Jan 14C 9.85 .... Jan Central 11 Brewery Copper Jan 2 81 50c 25,285 1.45 11 16% 22,300 24c 4.35 i 27 24% Prospect 60c 16c 16% Mudge 100 32' 50c 2Cc 13% Mines & 100 Feb Jan 100 1.335 30 % Jan 6 % 1.23 • 8,339 10 5.75 Feb 29% common 100 31 Jan Jan 10c com Chemical & 13 % 5 % 5.25 2.50 Stores 100 Petroleums__l Pine Lines and Steel Invest 12% 30 % 5,640 1 Coal & 100 30% Jan 1 Preferred Jan Jan Jan 31% 1.80 Ltd & Scottish Steel 2.30 22% Foundry Dominion 7.25 30c 10% Jan 3.85 Magnesium Jan 22% „ Dominion Dominion Jan Jan Jan 9.20< Ja'n 5 2 Jan 7.55 Jan 20c 27% 1 Jan 16% 8 11,103 • 19 1.90 23c 22c 5 — Jan 5.10 Jan Jan j Seagrams Jan 400 Jan 3.50 10c — Exploration 10% 7,970 16c Jan 90c 1 18% 2,075 1.87 Jan 2.60 1 Mines 780 8 Jan 9 %c 1 225 2.15 1.25 1,750 42,227 1 27,995 6.00 360,440 13c 2.78 1.72 1 1<) 8 1.55 2.60 1 3, 7.25 2.00 Jan Jan 1.80 , 10% 5.85 Jan 2.30 23c 50 —_25c 1,655 6.00 20c Jan Jan 3.75 Mines 24.300 Jan 2.30 17c 55,510 Palmer Oils Diadem 1.10 6.85 Jan 200 28,938 5 • 92c 4 17c 20c 2.30 Jan Jan 1 ! Dome Mines 6.90 11,000 17c 17%c 22%c Jan 16c 1.05 Producers Dome 1 Jan 50 —... Ltd Gold Rio Jan * A Thorium Chateau Del Jan g Canadian CUesk D'Eldona Jan 10% 9c 5 • Mines 9 * Railway Canadian Charter Horn 7% 7 05 20,SCO 1.05 90c 1 common 12% Petroiina Gold Jan Deer Jan 18% 16c Jan 17 %c Jan 1.20 Jan 75c 5 Warrants 6 % 1 CI ; Mines 7% 30c common.... Pacific Natural Daine 2.925 85 c 9 %c 11,971 90c * Explorers Mining Corp 3.307 1.03 25 c 28.400 5.55 Daering 7 30 Jan Jan 12c 97c 9c IOV2C Jan 10 Mines 9 ,100 & Cusco 79c 8% 20c 23c ' 5.25 Minerals 75c 8% 9,101 20c * Zellerbacli Devon 580 Jan — 6% warrants Oil Jan * warrants Tire 27% Jan 30 58c • Jan Jan 29 Jan 5.40 ... D'Aragon 26% 16? 48c 1,925 Docotirscy B'rewis Mines 26 13.... Jan;; 27 % Jan 5,900 * .... Jan 59c 235 52c 4.65 3,441 1 Canada Jan 1,235 15%, 48c , ■ Distillers " A. preferred 1953 Jan 8,650 15 % • Hydrocaibon 1955 Jan 7.45 63c _# Cos 60c 56 Jan 13% 13U4 * Warrants Oil 24 %c Jan 55 '>siv 54 * Securities Canadian Homestead Oils Canadian Husky Oil Cassiar Jan Feb 59c • common.. General Oil Jan 17 Jan 30 :„i Mines 1 Canadian Dyno Mines Canadian Export Gas Ltd Canadian Food Products class Canso 20 50c Jan 32c 9.80 • limber 3 pfd— Dock Feb 6.10 ~25 Petroleum & 18% °4%' * warrants steel 6.65 10c _ Oas 100 2~G common!"—, Crown 19,998 28% Jan 29 ? Zinc.. of Crowpat 10,195 Feb 22c 22c —• Trust Crown Jan Jan 19c 55 * Jan Jan 33 12% 17c 4.95 26 • Pershing Jan Jan 5ic 24% Oils 6.00 Croinor 29 11 % _• __~25 95c Jan Jan 7,374 10.800 _l Warrants Feb 155 18% * Jan 5.00 93 Oil Jan 31c 9.50 Cowichan Cree Jan Jan • Mining Copper' Jan Jau Jan 75c Cournor 4.50 2.80 15,598 1.38 3.70 40c 27% 9.50 Imperial Jan Jan Jan Jan 26 29% —; Lead Jan 12 18% 20 , Decalta 100 i8c 2 — 5,930 1.80 12,500 33 3.20 12 18% "• _ Oil Canadian Devonian 12 90c 6.00 33 , 1 — 75c 5.45 - 5.85 » ■ 4.90 1.00 3.35 35c 25c • > — 2.95 - 4.65 10 Mines Copper Rand Chiboug.. Corby Distillery class A 23% . 1 Petroleum Copper-Man Jan Jan 4,00 j 13c Coppercrest Mines Jan 104 3.40 20 com. Preferred Cariboo Jan 38 Jan 23 2,860 1.62 Ltd— Jan 2.55 Jan 2.65 Publishing 36 B 25c 2.30 Exploration 3.50 „„„iuO , Canadian Chemical & Cellulose Canadian Collieries iDunsmuir) Canso Cupper Class warrants Empire preferred Erin Copp Jan Jan Mtgc__ Celanese Candore Jan 28 Jan Jan. Canadian Canners class A Can 30 Jan West 6 55 of Commerce Breweries common Preferred Canadian Jan 26% 160 Minerals Atlantic Canam 27 % Jan Jan 269,780 — Consumers Gas of Toronto. Jan Jan Bank Canadusa Consolidated Jan 50 20c 40c 18c Mining Jan 149 4,250 Jan to 5.30 50 Jan Ltd 13% 50 28c Ltd Jan 52 ♦ Mines Jan 160 Jan 1.17 Mines 4.65 50 18c 29c Mines 10% 7% Jan 6,750 3.45 A 725 corp 10 %c 26 % Min 18.993 160 A.. class Tungsten Clark Jan 35c Mine 4 70 Con west 9c 3.35 4.75 10c 11% 23 22c 22 %c 1.70 1.00 21c 4.70 23 22c Jan 3.35 Ltd 10% * 12.50 Canadian Canadian Mines 10 , Canadian Canadian changed 100% Canadian Canadian 102 2.51 Admiral Canadian Feb 45 • class Canadian Canadian 99 905 Lands Astoria Canadian 25 38 Wire & Cable class B, Canadian 99 Name 102 _ 11,600 — Poplar Thor Nelson 37 , Jan 10c 10%c 1.20 ' Samiorm Consolidated 2,60 Canadian 5 V" Jan Jan 102 Putrulcum Canadian Jan 65 1 1 Steamship Lines Canadian 28% Jan - -26 Preferred Canadian Jan 63 38 Canaua Suuilieni Canadian 1.55 \26 385 102 Oils $1.75 Jan 735 65 10 Canada Southern Canadian 1 55 220 Jan 50c Jan 27% 300 — Canadian 7% 27 1,140 90c Jan ; Sudbury Basin Consolidated 29 „ Permanent Canada Consoi ,,—,100 Safeway Ltd pid, Canada Consolidated Jan 28 734 B Canada Jan 11% Jan 28% common Packers Canada 15% Jan 6% 27% 714 Feb 40c 9,212 — Regcourt Mines Ltd Jan 10% 250 29 Warrants Canada Consolidated 14% 1,655 28 63c 2,850 _L_ Mines Press Red 11 7% Explorations Warrants Canada Oil Consolidated 1 35 ' 22,593 42c 1.50 18 %c Smelting Explor Pershcourt Consolidated 7% » Assurance.. Malting Jan 7 io7h • 32 10% go <& Negus Consolidated Jan 40c —_20 Life 8 %c "Jan 15 %c 99 69c 42c Consolidated Peaic Oils Jan 100 " 63c Jan 1.35 10c Jan 1.35 Jan 90c Jan 65.000 3.50 10c 10c 64% Jan 90c 26c (35 3.10 Mines 29% 1.45 2,610 Mines 9,400 27% 3.25 Nicuoison 30,900 200, 3.10 Northland 12c • preferred Met 1,220 Jan Jan 18c Jan 9.50 Uon.soiioated 40c _• Preferred Can 31 7c Jan Consolidated 10c common Oil.— Chiboiigamau Canada 18,800 Jan 5.50 Mines Oils Mac Mining Consolidated 26,640 Jan 70c 31c 25c Edmonton. Preferred Canada 8%c 30% ' Canada Crushed Cut Stone: l:-.-. ' Canada Iron Foundries common.. 4%% 31 11 Cons Canada 6,500 Jan 11%C Jan 12c A preferred— Campoell Jan 14c 7%e ® com, class Petroleum Calgary Jan 67c 32c — Dock Calgary 9c 500 1 —. Steel Burns At Co 8c • 9,500 67c 15c 17 %c • Ext Lake 200 10c 10%c 15c 1 ■«*. 241,007 9.50 67c „„ • Products Bunker Burchell Calalta Gold 17%c 9.10 — _1 Canadian Buffalo 9,50 __1 * —, -Ankerite Buxiaiiu 5% 1 13c 9.10 10c Mosher Jan 10c 12c i«c Jan 8.70 6*c Gold Howey Marbenor Mic 18% 1.03 Morrison Jan 8c ]0c _l Consolidated 26c Jan 42c Mines-^ 45% ___1 Jan Jan 12% 1.40 Mines Haul',veil Jan „_i 36c 1,200 43,740 Arrow Jan Mines Brunston Mining Brunswick Mining & Smelt Jan 20c 24c 18% Lake Jan Brunsman 26c 17% . Oil Iron 44 % Mines 23 %c tOu. 8.850 18 Crest_. Fennnore 90c Brunhurst 23c 3.25 Consolidated Guayana 13% Jan Range Since Jan. 1 High 9.CO 42 48 hhares 26c Oils—— Warrants 135 British Telephone Co Jail 28c illiiit-i 178 _• Mines Ccrdasun Deinson 42 Columbia Power Reef 47% Consolidated for Week Low Flin Coiiaonaaied Jan 42 British Broulan Jan 3.25 15 __ ___• 66c Jan Jan 13 13% * 92% 41 — • Jan 2.65 Calbnan 42 42 Products 45c 45 Consolidated ConsoUaated Discovery 92 48% 50 Columbia British 92 **.—50 — ,U—.— preferred Class 2.95 47 100 — preferred % % preferred 414 '/r 2.95 High Sales Range of Prices Pa Low 57c Elec— preferred Week's Last Sale Price Range Since Jan. 1 High. 55c • 5 % 4 Low 55c 1 Oil Friday Shares 1 Petroleum British 1 STOCKS for Week of Prices Par Brilund ENDED FEBRUARY Sales Range Sale Price WEEK FOR RANGE Friday 5.25 5.30 1,400 5.25 Jan 6.00 Jan 36 36 75 33% Jan 36 Jan 35 Jan 39 Jan 21c Jan 34c 0 ..._ 39 25 23c 23c 25c 10,020 1.04 1.04 1.10 1,700 20c 25c 4.000 4.95 5.20 2,505 39 . Ltd _ Prospector.1 Mine _ . Yellowknife Gold . Mines _ 1 • 1 1 4.95 38 1.00 20c 4.95 Jan Jan Feb 1.24 26C 5.75 Jan Jan Jan Jan Jan (647) - 43 Financial Chronicle The Commercial and . CANADIAN MARKETS RANGE Gold ale class Mackay Gordon' 6,000 20c Jan 29c Jan Madsen Jan Mages Sporting Goods 1.80 3,600 25c 1.65 2.10 Jan 1.65 40 142 Jan 46 % 35 45 Jan 6 6 17c 7% Jan 6 Jan Maralgo 19c Jan Marcon 20c Lakes Great Northern Preferred 640 40% 39 % 39% __1 7 6% 7 Gas common— 42 42 42 35 — —— Develop— Great Oils -_1 West 2.90 Jan 3.90 Feb Jan 43% Jan Maxwell 1.02 Jan 1.85 Jan Mayorun 8% 5%c Jan 5%c 36c 44c 175,150 36c Feb 10% 300 10% Jan 10% Jan 21 100 21 Jan 21% Jan 38c ._9c 48c ,— 1 38c 33c 43c 1 Mines Lead 11c 11c 12c 18% 20% 20% 1 Mines 12 Warrants 24 % 24% 24% Gypsum Lime & Alab —————* Brass —* Harding Carpets; Hard Rock Gold "Mines Minerals Harrison Iron Lakes of Head Headway Red Lake Heath Gold Mines Paper Hendershot Crest Oils Ltd Highland Bell — Hlgnwood Sarcee Oils — Hinde & Dauch (Canada!—Hi Tower Drilling High Preferred . MInins Hoyle Smelting Hudson Bay Mining & Porcupine Co class Hugh-Pam Owens & Erie Hughes Huron 30c Mtge Jan Jan Jan Jan 9%C 12c 4.000 95c 51,100 84c Feb 132,700 13c Jan 6% 100 10c 21,827 31c 90c 93c 30c Merrill Paper Jan Meta 14c Midcon Oil Midrim 1.07 Jan 18c Jan Jan 6% Jan Mill 12%c Jan Milliken Jan Milton Jan 35c Jan Mindamar 37c Jan Mining 44 Jan Mining 12 1,982 8% Jan 12 Feb Mln 24% 5,077 25% Jan 25"% Jan Jan 12"% Jan Jan Feb 12% Jan Montreal 41 Jan Moore Feb Multi-Minerals Feb 45 45 32 Jan 32% Jan 54% Feb Jan 60 67 68 150 55 % 52% 55% 12,147 52% Jan 57% Jan Nello % 11% 11% 6.040 11% Jan 11"% Jan 16c 20c 41,200 16c Feb 22c Jan 24% 24 % 25% 3,295 49 49 49 265 Jan 68 Jan 60 Steel National —_—— Mines 24 Jan 25% Jan Alger Mines New Athona Mines 47% Jan 49 Jan New—Bidlamaque 4.75 6 % Jan 75c Jan Jan 39 90c Jan New Concord 99% 110% 14.034. 101% Jan Jan New Delhi 47 4.676 42% Jan 48 Jan New Dickenson Mines 30c 33c 7,105 30c Jan 41c Jan New 245 13% 7,509 48% Jan 14 Jan New 55% Jan 2.20 Jan 1.51 1.70 7,534 3.20 3.25 3,900 2.70 Jan 3.60 Jan 3,970 Jan 1.40 Jan New Bay — : 5.700 19 %c Jan 28c Jan New 84c 69,020 55c Jan 94c Jan 63.800 70c Jan 96c Jan New 29c 32c 8,019 29c Feb 47c Jan New 29c 38c 308,942 29c Jan 62c Jan New 12c 11c 13c 10%c Jan 14c Gold Mines . ■— Class Loblaw 59c 16.000 48c Feb 73c Jan Newnorth 31,800 16c Jan 25c Jan New 90c 71c 91c 80.137 65c Jan 91c Feb New Senator 1.90 1.75 1.94 4,400 Jan New - pfd 9 2.10 17% ,preferred A —. 5,900 3.10 Jan 3.40 Jan 1.60 800 -1.50 Jan 1.65 Jan 31c 13,800 28c Feb 3.20 8% Nlsto 3,989 16% Jan 17% Jan Nor 6% Jan 10 Jan Noranda 4,250 Mines 2.30 2.30 2.40 20,250 80c 89c 7,000 61c 20c 20c 23 %c 20c 1.13 1.05 1.13 23,237 2,965 15 %c 15C 20c 158.400 85c 1.05 22,950 18% 19 1.507 Jan Jan Jan Jan 1.04 14%c Jan 67c Jan 18% 2.80 98c 26c 1.25 20c Jan Jan Jan 1 * —100 Jan Jan Jan' 1.25 Jan Jan 19% Jan Jan 21 % Jan 19% 20 % 1,573 19% 1.23 1.21 1.25 8,300 90c 1.55 1.55 Jan 1.60 Jan Feb 1.85 Jan 4.50 1 * 1.65 14c 19,000 12c Jan 16c Jan 17c 2.850 14c Jan 18c Jan 4.30 4.65 3,525 16%c 13C 12C 17c 1.55 6.000 17c 3,000 3.40 2.10O * 2.42 2.42 661 18% 18% 18 % 630 17% 17% 17% 25 3.25 76c 78c 7.8CO 12c 14c 6,300 13c 12C 15c 2.26 2.50 3,100 25,150 2.35 2.38 2.28 2.40 13,320 42% 42% 42% 1.028 17% 17 17 % 179 17 16% 17% 1.835 30 29 28% 1 * 10%C 29 621 3.75 16C Jan Jan 4.90 19c Jan Jan Jan 55'2 Jan Jan 1.10 Jan 60c Jan 68c 27,030 60 26 % Jan 27% Jan 100 4.25 Jan 4.50 Feb Jan 4.50 4.50 3.35 3.50 700 Jan 4.00 26% 27 187 26 Jan 28% Jan 18 Feb 23% Jan 18 23% 94,730 30c 39c 129,500 25c Jan 46c Jan 66c 74c 32,750 54c Jan 89Q Jan Jan Jan 15c 15c 18c 32,300 15c Jan 23q 50c 54c 13,544 47c Jan 65c 9 Vic Jan 75c Jan. 9%c 9,000 75c 1,600 2.00 2.05 10c 75c 75c- 2.15 10,076 37,490 2.15 Jan 2.35 25 %c Jan 36c 54c Jan' 02 c" Jan 20c Jan 23c Jan Jan 56c 30c 3,525 57c 61c 41,300 22 %c 23c 1,500 45c 50c 1.45 4,653 1 20c 18c 21c 39,150 1.40 19c 1.55 1.59 17,814 18c 20c 134,100 Jan 2.20 Jan 2.80 Jan 1.75 Jan 2.40 Jan 42 Jan 43% Jan 17 Jan 17 % Jan 16% Jan 17% Jan 28 Jan 30 Jan Jan 13c Jan 9C 1.60 Jan 1.60 Jan 5% Jan 5% Jan 19c 1,000 17c 35c 17,400 33c Jan 25c 3,175 18c Jan 31c Jan 19c 24,500 12c Jan 25c Jan 15C 19c 21,600 17c Jan 24c Jan 17c 51c 49,000 1.37 47,020 1.35 85c 95c 3,375- 30c Jan 95c Jan 1.34 Jan Jan 52c Jan Jan 46c 52c 175,737 38c 13 %c 16c 22,350 10c Jan 17c Jan 12c Jail 8c 10c II,000 8c 12c 1,000 11c Jan 15c Jan 12c 29,200 8c Jan 10c Jan 9%C 9c 10c 2.19 1,451 2.05 Jan Jan 2.05 2.45 2.15 4.20 20,175 3.85 Jan Jan 4.00 5.00 4.05 2.70 Feb 3.35 Jan Jan 2.70 2.86 6,700 lie 12C 11,100 10c Jan 15c 41,850 30c Feb 45c 57% Jan 36c 30c 20c B 51 % 5,308 50 17c 40,100 12C Jan 18c Jan 13C 9c Jan 13 %c Jan 9c 9c lie 40,000 5.60 8,028 5.40 Feb 6.95 Jan 5.40 1.42 154,250 Jan Jan 1.31 1.20 1.59 1.36 41c 41c 45c 3,125 40c 74c 51c 74c 8,875 51c 5.10 4.90 5,360 4.90 2,80 • 1 * 2.80 2.80 1,985 2.45 7c 9%C 82,500 7%C 5.10 83c Jan 1.00 Jan 14c Jan 23c Jan 20% Feb 21% Jan 18c 20.000 50 58c 49c 67c £5,925 49c Feb 80c Jan 1 9%c 10c 3,000 8c Jan 11c Jan 1.85 17 c 4,237 8,090 63,900 1.19 4,700 Ccpper Crush Orange Orenada Ormsby , Gold Minerals Lake Mines Jan Pacific Eastern 50c Feb Pacific Petroleum 8%c Jani Page Her«ev Tubes. 1.12 Feb1 1.80 Jan Jan 85C Jan Jan 5.25 Jan Jan 2.85 J&n Jan 9 Vic Jan Jan 66c Jan 56c 60c 4,860 1.22 1.08 Jan 1.08 159,200 1.47 1.14 5.40 Jan Jan 6.45 44,824 7.10 6.10 775 12% Jan Jan 13 13% 12% 5.25 530 4.15 Jan 59c Jan 6.00 Jan 40 38% 38% 39 515 38% Jan 3.50 1,330 Jan 3.50 3.25 3.25 3.25 1.55 1.70 21c 23c 8,800 6,500 Jan 2.10 1.60 1.51 18,125 Jan Jan Jan 20c Jan 25C Jan 30c Jan 43C Jan 38c 35c 39C Jan Jan 9%C Jan. 60c Jan 7lc 55c 55c 56C 2,750 9,675 10c 9C 7c 9c Jan Jan 20c 49,200 22c 16c 16c 16c 15c Jan 20c Jan 16c 18 %C 171,208 45c Feb 80c Jan Jan 2.85 Jan Jan 47c Jan 49c 45c 55C 9,200 2.74 2.70 2.75 12,100 36 %C 1 & Debenture.— Products com Loan Opemiska Osisko 6c Jan 55c 6.30 16%c Oil & Mines Ltd Club common Ontario Steel 20% Gold. preferred Ontario Jan 14c Jan 50 Jan 5.50 1 preferred Jan Jan 20% 57c 61,900 81,800 52c * Jockey 1.54 3.25 18C 9'/ic 43c 1.34 36C 41 2.34 %C 150,100 28c 8,025 3,100 65c Jan Jan 9% Jan. Jan Explorations Ltd Jan 16c Jan 38c 13 %C • Warrants 6 Jan 48c L17 changed to Class 5% 36c 18 %C 1.25 ' Mines Majortrans 55 Jan Jan 19c Maiartic Name 32,690 Jan 20c 40c Metals Mining— Omnitrans 11c 24c 1.17 Oils 1.60 5% 18c Mines Mines Ltd Ogama Rockland Oil Selections Ontario Jan Jan 15 %c 50 Canada O'Lenrv Jan 1.60 33c — — Mines Okalta 17c Jan Jan 23c 4.15 j Norvalie Rare 1.35 Jan 1.50 24c 19c warrants Northern Oka Jan 13 O'Brien Gold Mines 15c Jan 1.35 16c Jan 33c common. Warrants- 10c 20O Oil Jan Jan 42c Jan 23c Uranium 17% 12c 1 3,500 1.42 45c * Jan Jan Jan 24,934 25 %c 1 —20o 17% 14c Jan Jan 42c 2.35 — Gold Obaska 10%c Jan Jan 56c 40c 6Cc * • Oils common Jan Jan Jan 2.40 2.30 Jan 80c 87c 41C 1 1 Mining Jan Jan Vic Jan 2.00 37c 11 2.35 1 * Corp 3.40 75c 3.35 51 Mines jntd Lake Jan 50c 26% 50c 1 Oils Ltd Nudulama Jan 63c 46c 9%C Preferred 1956 11 Jan 72c 1 —,—, Star Jail Jan 45c 950 84c 10% 11,150 32c 2.55 20% 16% Jan 89c 15 19 1 18% Jan * Mines Jan 49% I,400 30 c 1 Jan 2.40 1 1 545 3,085 3.50 • Rankin North Jan 11c Canadian Northspan 50 2.70 Warrants North Jan Jan 26% Ltd—— Mining North Inca 23 55 10% 4.50 * Jan 3.25 Goldfield Explorations North Jan 26% 1 1 1 Oils Ltd Northcal % 16 61c 1 Mines & Jan Jan 1.00 10% 48c 50o — * • 50c 1 — 2.05 1.50 42,050 14 % C Norsyncomaque 1.60 * Mines • 10% 5 1 18 M Macassa Mines 14,550 14 54 15% 16 54% Mines Northland 20% 11%C Jan 92c * — Oil Norpax Jan 35c Jan Gold Acme Jan 3.25 Nlpisslng Mines Jan 8% Jan 80c Warrants Macfie 17% Jan 11c 96c • 1 Long Island Petroleums Lorado Uranium Mines Macdonald 16% 9% Jan * Lyndhurst Mining Co Lynx Yellowknife Gold 3.10 3.25 2.68 Rouyn 10c 50 * B W 1.50 Jan Merger 2,700 • 50 A Louvicourt 9 • Petroleum Explorations _! London Hosiery Mills common Lowney 9 10c 10%c 18% _1 1 Mines— Lomega Class Jan Jan Superior Oils 3 20 .— Mines. A 1.23 Mints. Gold Rouyn Nickel Rim Mines 1 Groceterias 44,900 42.251 1.61 Minda-Scotia 18c Jan Jan 73c 1.45 2.75 Mylamaque Explor 48c 1.75 Jan 82c 67c 1,010 Gold 16c 1 1 Jan %c 232,626 Mines Manitoba 50C 1 1 1 66c 24 1.30 Jan 8.450 • • Exploration Feb 71c 1 1 • 1 17C , 18c 2.90 Newlund Mines 82c 20c Ltd Long Class Kelore 26c 76c 70c 31C • 27,750 2.49 Gold Jason 29c • " 1 1 1 22c Jan 1.45 1 23c 2.35 : Jan 2.75 Mines 75C old four 46% 2.15 Mining Highrldge Hosco 80c ■ 150 29c Harricana New New : 2,130 47% 18c 20c 14% 47% 2.45 Explorations Gas New 1.20 I 13% 13% 28C New Goldvue Mines Normetal Lac Gold Loblaw Cos. pfd— Little Jan Mines Norlartic Gold Liberal Jan 48 — , Mining—- Gold 15% Norgold Mines , Mines Lexindin Jan Fortune Mines 7% Mines— Lencourt Geld Jan 1.51 -1 Lamaque Gold Mines Laura Secord Candy__ Leitch 2.08 Continental Oil of Canada New Davies Petroleum Jan 1.51 Feb Mines. Acceptance Jan New 42% 10c Ltd Laurentide Jan 3.25 • Townsite Wasa Luz 1.59 Develop • Lake Osu Mines La 114,250 Petroleum Chamberlain 1 15c Lake Cinch Mines Lake Dufault Mines Lake 2.08 1 33c Copper Shore 1.59 Mines New 40% Oil Dominion 46 Key boy con Mines Lake Oils Bristol New Jan Jan 97 Jan Gold- 19% " Lake Lingman Car Mines Nealon 101'/a 103% Labrador Mining & Jan 1.80 13% * 20 B * —25c • ——* —— ' 1 1 1 1 1 -_40c New Jan 185 (John) 34%c com Nesbltt Lablne Uranium 28 99% Oils Jan " preferred Mills class 68 26% Jan 99 Labatt 26 %c 62c 70 310 Kxoy 18,900 —1 27% 39% Hudson 30c — 27% 39 Kirkland 26 %c 46 27% 10.638 Kirkland Jan 27c 50 National Petroleum 80c Kirkland Minerals Jan 3.95 47% 640 75c — Jan 42c Jan 47% 56% 20 Warrants 20c Jan 3.35 22% 54% 18% Jan Kilembe Feb 31c 27,309 Jan 54% 1.9&5 each 10c 14,000 22 Hosiery National 18% for 13,670 39c 3.65 10c 150 Grocers 18% new 15c 33c 3.45 13c 23 Jan National Jan 1-55 23 , 16 18% One Jan 35c Ltd Calumet -—: Being exchanged for Con-Key Mines Ltd. 25c Jim Jan New Gold Jan 21C 15 Jan Kerr-Addison 21c 45c 200 9c , 2,000 Jan 15 Jan Gold 24c 1.78 15 7%c Kenvlile Jan 22 %c Minea. Creek 8,121 Canada 78 1.50 Nama 8c of Jan Feb National Drug & Chemical National Explorations Ltd 7 %C Kelvinator 76 Jan Jan 734C — 137 18c 46c 17% :— 76 18 Jan British Co Ltd 76 30c 30c New Mines Jan 95% 7,970 8,000 Feb Mining 63 Jan 3,195 35c 17% Jupiter Oils Jan Jan 93 Jan Jan Jowsey 26 58% 2 29,800 33c 7.00 16 Jonsmith 100 1,016 93 19c Jan 26C Jan 26 62% 93 19c 84 1 * 1 1 1 1 1 25% 26 60% 19c Corp common- 1,021 Waite Mining Mining Corp_„ Jaye Exploration Jeanette Minerals Ltd Jellicoe Mines (1939) Joburke Gold Mines Jollet-Quebec Mines Jan 19 class A Preferred Locomotive Works—*. 17% Jack 26 62 * Knitting 16% Jacobus Jan 36C Feb 1.40 24 18 Jan 1.30 50 33c 5.20 1.35 Jan 12c 14 %c 79% • HVa 14c 18 33c 20 51% Jan * 1,861 . 10% • 1 12,028 13% Jan 25 26 26 89c Co 84 52% 11 % Jan Jan %c Jan 21% Jan 45 50 11% 63c 1 5.65 13% 11% Jan 7 s/. Jan —* 45 13% 99.250 • 5.20 102% 74c 60c • Brewery Monarch 37 45 63c Jan 6% 175 67c Jan 52c 93 Gas 81% 32% 7% 1 5.20 32% 7 84% —50 Mogul Mining Corp 10% 200 7% Jan • Mines Ore 11% 2,460 6,002 1 • 8 1 1 • Jan 83 1 1 8312 100 * • 2,100 , Endeavour 9,484 Nickel Co common International Petroleum International Ranwick Ltd— Interprovincial Bldg Credits com.. Interprovincial Pipe Line Irish Copper Mines Ltd Iron Bay Mines Isotope Products Ltd 55c Corp Jan 5% Preferred 52c Jan 6% 1 98c Jan 4.75 International 150 6% 6% Jan Corp Metals Jan 12 99 84% — 41% 37 75c 8,676 84 Uranium Lake '5% . 6% 50o Brick preferred li——— —._100 Inglis (John) & Co —• Inland Cement Co pfd— — 10 Inland Natural Gas common 1 Preferred 6% 15c Jan 12c 3.60 Petroleums City 90c 11% Inspiration Mining 1 International Metal Ind class A———* 11,000 Warrants 26 %c 37 $2.75 14c • pfd Industries Midwest 75 10% 16c Jan 12c 1.60 1 6,000 11% 11 2.08 1 Gas & 5.500 11 .10 Feb Mining 42 37 Imperial Bonk Imperial Flo Glaze com • * Imperial Life Assurance 10 Imperial Oil * Imperial Tobacco of Canada ordinary_5 Indian Lake Gold 1 Industrial Accept Corp Ltd com——• 55,640 1.50 Jan Jan 17c Molsons 45 1.88 Mines Uranium Jan 27 %c 5%% 33c 25 % 25 % Jan 1.60 Petroleum Mersey 10 12 Jan 28c 1.71 36 %c Merrill Island Mining 41% 91c 15c Jan .— Exploration & Dev Jan 51c Jan Jan Jan * Petroleums Jan 7% 15c 55c 19c 10c - 1.25 Jan Feb Jan 22c McWatters Gold Mines Medallion 15 Feb Jan 8% Jan 16,000 Lake Red McMarmac Feb 26% Jan 25c • Jan 6% 19,340 8% 175 s —1 12 %c 7c 29c 1 * 20 A_ Feb Feb 11% Smith Paper common Jan 15c 9c 8% Feb 35c 17c 8% Jan 13c 12,600 , Lake 14c Jan 1,140 6% 9c * • --50 * * B Class Howard 20% Jan Jan 7 15C 17c ° * 6 Hollinger Consol Gold Home Oil Co Ltd Red 120.650 16c 45,500 1.55 149,325 Porcupine McKenzie 84c 85c * 1 common new Mines Gold Heva Mclntyre 10c 35,300 lie 25c * Jan 11c 1 1 * 1 ; 125 16c 1 :—. 7% 19%c Jan 100 Jan 15 50 35c 40 %c 35 Vic 1 Mines__. Gold Hasaga 15 10c 11c -.1 1 15 7% .. 22c * A common 13c 10%c Jan 1.30 35c B Frontenac 49c 24% 1,835 1.55 Jan * Preferred Mentor 15 71/4 , class Jan 9c 36,000 1.38 11 8 14c preferred <L) Jan 18% 41,587 11c 1.55 31,600 12,000 1 Grain Class McColl 26,950 10 50c ; 11c 229.960 " 9%c «"Jan 10c 8 Jan 28c Consolidated 33c 32,600 8,700 1034C 12 %C %c 10V2c Gwillim Lake Gold Hahn. 21 21 ,-10 Guaranty Trust Gulch Mines Ltd McCabe 11 %c 12c Mines McBrine Jan 10% ~ GreyhawK Uranium Gridoil Freehold Jan 9c 9 • Ltd 5 %c Jan 7% 400 9%c • 1 1 Prelerred 100 5%c Wire Jan Jan 42c Massey-Harrls-Ferguson Ltd com Jan 38% 7% 7% class A Coal 1.47 1.26 1.42 7 42 15,325 42 40% 41 —1 Grass Sweet Jan Jan Jan 7%c 12c Martin-McNeely Mines 2,895 ■— Great Jan 42 % Matachewan 1,025 3.90 3.45 3.90 Warrants Plains Maritime Jan 1.10 100 Marigold Jan 5% Jan 1.83 100 45c Oils Ltd Mining Corp Jan 42 Jan Jan 98c 5,325 1.05 2.05 1 Ltd 5.50 39% 1,900 .50 Paper Hiyit 35 Jan * 1 Mines Mines 27 %c — 1.90 • common. Feb 4.00 3,525 4.40 1.83 1.85 1 * Ltd Jan 20c 14,860 21c- 20c 4.00 30% 2,255 35 1 Milling Leaf Jan 7% 7,400 4.00 —1 Great Gunnar Maple Jan Jan —-— Granduc Mines Gulf Uranium 6 10J 16c Maneast 15c 140 7% 7% Feb Jan Range Since Jan. 1 Low High 1.05 1 Goldfields 46% Shares 33% 10c Majortrans Maiartic 34% * Magnet Consolidated Mines Jan 165 1.60 B Red Lake Gold Mines Jan 26c Jan 20c 12,000 10%c Jan 8c 46% "50 Mines Greening 23c 26.000 Gola Bousquet Grandines Great Macmillan 9c A.-—-— B Class Jan 1.70 1.65 (Canada) com— preferred Grunam 68c 22c Goodyear Tire 4(,'o. Jan 8c Uranium Goldfields 50c 1.70 Mines ivXaniLou Cioiucii 28,103 8%c Gold Gold Eagle Bloedel class 57c for Week Low Par 22c Mines Range Bale Price Htgn Low High Sates Week'e of Prices 1 ast STOCKS Range Since Jan. 1 50c 53c Mines, Uranium Glenn Shares Low Par FEBRUARY 1 for Week of Prices Sale Price WEEK ENDED Sale* Range Last FOR Friday Week'* Friday STOCKS 10 20 10 * 1 * 1 —1 1 I 1 2.20 Jan 2.40 2.25 2.20 2.30 67c 65c 70c 9% 9 % 9% 675 9 9 Jan 9% 332 9% 9 % 27 Jan 28% 28% 60 9% 28 % 23 11% 11% 23 180 12 11.384 100 79c Jan Jan Jan 23 Jan 25 Jan 11 % Feb 13% Jan 2.50 Jan 3.00 Jan. 3.00 3.00 24c 22,540 22c Jan 22c 3,000 26c 50c Jan1! 40c Jan 40c Jan Jan ' 31c 10,800 37C 29 Vic 22c 29 Vic 33c 11 Vic 10c 10% c 12i062 10c Jan 19 18 29,110 Jan 16% 16% 18 114 % 702 115 115 Jan 112% 102 % 45c 50c 1,600 10c 45c Jan 53c Jan Jan. Jan Jan Jan *4 (648) 4 The Commercial and Financial Chronicle w: Monday, February 4, 1957 v CANADIAN MARKETS RANGE Friday Ttrtnfo Stock Exchange (Coot.) STOCKS - Week's Last Range i Sale Friea -i « For " * ENDED FEBRUARY 1 • Sharee Range Since Jan. STOCKS U High Low Higtl Far 32,800 21c " Jan 31c Jan Towagmac 12c 12%c 17,000 9c Jan 13c Jan Trau-.j Exploration rinance Parocc 1 9c 8%c 10c 19,000 1 78c 60c 79c 167,368 Parker * 5% 5% 370 5 Jan 6 Jan 75c 86c 20,455 75c Jan 95c Jan 20c 21c 7,450 20c Jan 24c Jan 9.95 3,440 Jan 10% Jan Trans Prairie Triad Elver PemDlna common5 „____—-r——50 Pipeline Preferred Peoples Credit Gas Permo Oil 100 2 3.15 2.81 3.20 171,820 30c 36c 100,800 1.50 1.57 6,200 .— Jan 1.69 48,300 1.40 Jan 1.60 1.16 Jan 1.37 Jan Columbia—1 1.45 1.40 1.50 3,800 9c 10c 166,200 13 2,195 12% Gold —* Jan 1.66 Jan Jan 15c 13% 71c 3,400 Jan 75c 3,166 41% Feb 46% 1,000 50c Jan 61C Jan 59% Jan Jan 5.00 Jan 59 396 4.25 4.75 1,670 9c 8%c 55 4.25 9%c 21,500 7%c Jan 1.35 1.50 3,000 l.o5 Jan 1.50 7.75 7.50 7.90 2,955 6.75 Jan 8.00 —1 7.35 6.65 7.45 19,589 6.60 Jan 8.00 3.00 Minerals 2.85 3.15 class Jan Universal pfd. Upper Jan 3.50 Jan 1.28 Jan 1.50 Jan 2.30 Jan Vanadium 15c 15c 16c 8,500 Jan Vandoo 1.40 1.70 70,800 11c 90c 1.37 Jan 18c Jan Consol 1.05 30,500 90c 18c 88,200 11c Jan 9.50 2.34 Feb 16c 9.00 1,550 9.00 1.25 21c Jan 9.90 Viceroy Jan Jan class 65 c 70c 1,000 2.25 6,066 18c 18c 1,700 18c Jan 21c Jan 17% 8,413. 16% Feb 19 Jan "Waite Jiiuulet 31 11% Feb 11% Jan Walker 16% 16% 65c 1.85 Jan 80c Jan 2.45 Vulcan Jan Oils Mines Jan 1.35 Jan Wayne Petroleums Ltd__ 1.20 Jan Weeuon 81c 90c 17,800 Jan 1.04 Jan Werner 1.52 1.47 1 1 1 • 55c St 5% St class * —10 Ban Band River Sarnia Sheep B 69c Jan 85c Jan 17c Jan 69c 71c 8,703 3.00 3.55 700 16 %c 19c 44,003 16 %c Feb 23c Jan 37% 38 % 3,855 37 % Jan 41 Jan 71c 16 %c H 38 70% 10c 70 17% 2,493 17 12c 63,587 12c 14,400 9c 9c Jan 1.00 Jan Jan 17% Jan Jan 12c Jan Jan 12c 71 2,963 68 Jan 17% 18% 8,563 16 Jan 20 6 6 3.15 300 3.15 22c 31,203 20c» Jan 1.79 1.75 1.85 31,125 1.30 470 27 Jan 33% Jan 57a 103 57c 1,400 3.75 1,000 12% 69' 12 430 11% Jan 12% 3.75 12% 3.55 12 69 lzo Jan 17c 17'% Jan 18% Jan 210 94 Jan 97 la Jan 15% Feb 35c Jatt 68c Jan 64c Jan Jan 19c (Geo; 4.05 Jan Jan 3,820 12 Jan 13% 2.155 68 Jan 71 Jan 550 17 % Jan 18% Jan 97,025 67c Jan 81C Feb 43c 43c 47c 11,100 37c Jan 54c Jan 25c 25c 30c 24,600 24c Jan 35 c Jan 19c 17,509 16 %c Jan 20c Jan 12c 23,000 9%c Jan 14c Jan 1.20 3,250 1.15 Jan " 17c 11c 17% 17% 560 17 25 25 490 25 2.46 2.16 2.46 57,550 65c 80c 12,500 • 36 35% 36 • 1 1.15 1.00 1.15 _5 1 class A Petroleum class A. 18 Jan Jan 18 Jan 25% Jan Jan 1.85 2.70 Jan 46c Jan 98c Jan 150 35% Jan 36% Jan 4,150 1.00 Jan 1.20 Jan 19 18% 19 575 18% Jan 21 Jan • 20 19% 20 2,775 19 Jan 21% Jan 92 92 70 90 Jan 92 Jan 28,503 100 I % 1 Gold 2.27 2.46 1.50 i 2.34 1.51 600 Jan 1.80 Jan 1 ^ 12 %C 12c 14c 8,500 12C Jan 14%c Jan 1 10c 9%c 10c 4,700 8c Jan lie Jan 19c 39,500 15c Feb 25c Jan 13% 3,289 10% Jan 14% Jan Jan 3.60 Jan Jan — Coghlan , .... Mines 1 Winnipeg & Central Gas 16c • 15c 13% 13'% Alexander 3.55 Woodgreen Copper Wright-Hargreaves Jan % Jan 1.39 • , Windward 2.95 75c Winchester Larder Jan 28,100 60c 60c 60c 3,867 , Yale Lead & 13c 14c 11,100 1.43 1.55 21,170 Jan 1.82 Jan Yellorex 77 110 65 Jan 80 Jan YellowKiiite 15-/4 1.45 Jan 3.60 2.27 Jan 1.50 267 3.50 2.90 • 1.11 1.03 1.12 15,100 1.03 Feb 1.21 • ... 1.45 1.40 1.49 14,400 1.40 Jan 1.60 31c 31 %c 4,300 30 %c Jan 38c lie Jan 15c 9c Jan Jan 13c Jan 60c 33c * 1.95 a Jan 26c 15% . Jan Jan .1 i. Naco Wiltsey Jan 400 15 26c 13c Jan Wood 97 55c Jan 7 3.25 29c BlC ___* Mines Warrants Jan 16% 96% Jan 18 68% 18 1.15 Breweries ' Willroy Jan 97 6 Jan .1 : Preferred Jan 11% 15% 3.55 Jan 20c Oil.", Class B Jan 33% 72% Jan 75c Petroleum Grocers Weston Jan 33% - 3.00 15% 100 15% Jan Jan Yukeno 13c 1.27 Jan 15% Yankee 86 Canuck Oil - Zulapa 12c ,f.20c ... Mines Bear 1 ; 1 - Mines 10%c 13c 20,«jOO Jan Jan Jan 10 %c 12c 2,500 1.50 1.65 16,U4.) 8C * Mines Zenmac Watef & Power common..* Zinc 8c 3,033 7c Jan 27c 32 %c 42,000 23c Jan 36c Jan 3,4-5 33c Jail 38c Jan 1.64 1 I.jO l-eb Jan Jan 1.80 Jan 10c Jan 50c 86% 498 84 Jan 89 110 1 47% Jan 48 Jan 1.30 Jan 8.15 1.04 1,800 7.10 7.60 15,979 10 10% 785 10 Jan 10% Jan 25% 25% 155 25 Jan 25% 22% 22% 435 21 % Jan 22% Jan 21% 21% 21% Jan 22 330 21% 4.25 4.35 833 4.25 12c 11c 12c 5,000 9c Jan 1 90c 90c 1.07 14,654 81c Jan 50c class . 55c 47c 63c 75,000 45c Jan 63c Jan 10% 11 431 10% Jan 11 Jan Andian 20 Jan 20% Jan Anglo Jan 76 Feb Asbestos A • 10% • 20 20 20% 1 Ltd 74C 70c 76c _• „ s l 66c 400 17% Jan 17% Jan British 3,000 11c Jan 15c 50c Jan Brown 1,000 25c Jan 30c Jan Bulolo Gold 53 1,445 47 Jan 53 42c 50c Gold 16,300 41c Jan 59c 25c 24c 26c 14,500 24c Jan 31c Jan 36c 34c 42c 85.929 27c Jan 42c Jan 35 35 35% 485 35% Jan 37% Jan 12% 12% 12% 100 12 Jan 12% Feb 1 Ltd—; 4.25 4.25 4.50 16,460 4.65 Jan 69c 63c 69c 7,765 1 Bros 15c 10 %C 16c 116,900 3.95 63c 10c • 24 24 24% 750 24 • Canada 66 % 66 68 % 3,876 66 9c 9%c 4,700 • 19% 19 20 3.75 3.70 3.90 16,355 41c 41c 49c 17,000 11c 11 %c 11c Mines common Industries common 2.75 2.85 17 17% 770 • Jan 14%c Jan 4.10 Jan 5 Jan 5% 21% 100 - 500 21% 2.15 Feb 23 Jan Jan 2.85 Jan 18% Jan 15,500 7 %C Jan 9%c Jan 4.50 4.50 4.95 400 4.50 Jan 5.50 Jan 1.38 1.25 1.38 17,180 1.10 Jan 1.42 Jan 38 Jan 42 5.600 10c Jan 13c Jan 32,966 35c Jan 43c 9 9 9% 620 9 Jan 14.930 42 215 1.67 1.60 1.70 i 4.00 3.80 4.20 1,900 72c 75c 2,500 i 1.02 ZZZ - • ZZZ.lo Elevators 1.02 1.07 4.00 4.00 120 30c 28c 32c 111,900 24c 22c 24c 47% 47 47% 5,552^ 15,000 1.562 » 19% class A ..ZZZZZ • 19% 1.60 3.75 67c 92c 3.75 27c 19c 46% Jan Jan Jan Jan Jan Jan Jan Jan 9% 1.80 4.90 98c Jan Jan 10% Jan 29% 31 1,685 29% Feb 33 Jan 30 30 25 30 Feb 30 16 16% 250 16 Feb 17 3.85 4.00 890 23% 2,086 20% 115 '20% Jan 20% Jan 27 25 27 Jan 27% Jan 30 % 380 28 Jan 31 Jan 5 Jan i__* r 20 % 18 %■ 35 % 181/2 3.70 483 36 200 6.25 6.25 101 4.00 37% 1,967 3.25 . 4.10 Jan 35 5 ; 37% .• > * Gaspe Copper' Mine3__-__ International Paper common. International Utilities 22% 4* . •22% 23% 19% Jan 4.03 Jan Feb Jan Jail Feb Jan 7.00 36% Jan 39% Jan Jan • 19% Jan Jan Jan 19% Jan 23% 51 Jan 56 Jan 29 Jan 30 % Feb 1 19 19% > 20 % Jan 37% Jan 18% Jan 150 34 Jan 191 96 Jan 103 Jan 52 725 47% Jan 53 13 13 175 10% Jan 13% 2.50 31 470 30 Jan 32% Jan 46. 1,322 " Jan Jan ' Mines : 45 ! Jan 32 4.70 800 Jan Jan 4.60 2.97 4.75 Jan Jan 3.00 100 53 54% 600 53 Feb 59 42 42% 125 41% Jan 45,, ,Jan 55c * 58c 2,900 54c Jan 58c Jan 24 24 Jan 24 Jan 53 15 . _1 _• : 45 329 3.00 1 .- ; 55 32% — 32% 1 t 45 32 4.65 * _• -_t_ Bros • No a Odd lot .sale Jan 25c Jan 49 Jan 150 19 Jan 33 60 32 Jan 34 Jan 22 210 21% Feb 24 Jail Jan par - 24 , 4n » r Cash In year's . , . sale ((not-Included : r , - . 23% 250 . year's-range). sale ' , 3.40 Jan Jan Jan , (not Included in . . Ex-liquldating MARKETS dividend. to unllated trading privilege*. delivered. ■ '. j. CANADIAN (Um Admitted wd When - price. AND t , Selling ex-interest. f Flat OUT-OF-TOWN (nee Included d Deferred delivery e FOR value, -range*. ; f , ' Ridgeway Corporation 1 i ^wkoa Consolidated Gold Corp. FOOTNOTES ; Jan 30% — 34 97 51 52 _* - Jan 34 96 j 5 ' Jan 25 2,800 54 30 % """ _-l - Jan Jan ' 7.50 : 38 110 23% 54 . 30% Feb 20c 29 54 4* Utilities 4 36%; 35 24c _* ( common-—- i Jan 21 960" 19 3.56 3.50 3.85 " Dominion Oilcloth & Linoleum.^. DuPont of Canada Securities com Mines 18% 1 _• ; . 28 % 1 , Z___, Gold 27 . 30 'A common Oil Dominion Bridge Zellers- 22 % 23% ,* — 1 3.90 Jan 4.00 19% Sugar— Industries Oreille 16%' : Dalhousie Pend - - Jan 21% " 21% Dominion Vinegars Marconi Westinghouse Coast Copper Consolidated Paper Jan 1.24 38c & Canada Price Jan 33 Trusts...ZZZZ__ZZ~20 Works 9% 5 Canadian Bronze common.., Canadian General Investments Pato- Consolidated Feb 12c 41c _• 1,905 1 Z } Minn St Ontario Paper J Niagara Wire Weaving ) Ogilvte- Flour, common , 40 10c . Jan 9% 30 Dredging Interprovincial Feb 17 9%c ZZZZZZZ* Bank y , i Tombill Gold Mines ; Jan 7%c 25c 4% 9% * Dominion- Glass r Jan 38c ' Mines \ Jan 4.25 42 __ Thompson-Lundmark Thompson Paper General 21% Jan 41c Texas Calgary Toronto Dominion Jan "1311* Taylor Pearson common Teck-Hughes Gold Mines Temagami Mines r Jan 9%c ~j B •»- 35 Note ; Canadian Jan ] Mines Taurcanis Mines am 5 9 % Canadian Jan 10 %c Jan 3.65 250 21% 1 26 % 71 Jan Jan 9%c 5,295 2.85 • Uold Itange Since Jan. 1 T miph 5 30% ■; Canadian Feb 59c 4,50O 21% ,_50c Jan Feb 16c Jan , • _ Jan 77c Co Canada <• ; , Jan 5% * i_. Gold 3.15 4.00 25 Ordinary 18% Jan Jan. Jan 40c 5% » - 12,575 8c 3.75 3.80 common. _■ Cons 9C Bank Week Ihtrii Jan * Gas Amer frlrM 5 ' Corp 30C 1 Uranium /Mines Par Corp 1 Newfoundland Develop IrlM »»r Raage ml Low National 50 50 Week'e I.art Sale I'rUe 17% • . STOCKS - VimiU Friday Jan Jan Jan * ; Propane 1.07 » Oils Mines Olsen 9,805 4.55 15c 30c * Oils 832 Jan 11c 14 %c 17% • Oil-- Curb Section Jan UhiiwiIImii 1 Mines & Toronto Stock Exchange Jan 22% 1 - 35c Jan ; : & 7.10 * I Quebec 34c Jan 97c 7.30 25 common... 30c Jan 97c Metal Mining Jan 47% 10% ; common Mines Iron 84% 47% 50 Gold Cons Toronto lie 80c Jan Superior Toronto 9%c 9,328 30c Sudbury Contact Toronto Jan Jan 14c 81c Mines. Gas Canada Western Jan Sullivan Tiara 17 % 17% 90c 500 Sturgeon River Gold Tamblyn 24% _. Copper Decalta Western 4.25 Steeloy Mining Steep Rock Iron Mines Stanleigh Uranium Corp Tandem 81c Jan 2.40 Oil Switson Jan 75c 3.65 Roi Preferred Feb Jan Jan 37c Jan Union Syivanite 24c Jan Feb Mines Inlet Jan 21c 2,405 * Supertest 16c 14,485 Jan Standard Paving & Materials Standard Radio class A Surf 100,100 2.80 Valley Steel of Jan 21c 34c 2.10 Southam Sterrat 60c 18c 32c 3.60 common Stedman 6.40. Jan 819 • Nickel Warrants 2,400 Ltd Stanrock Western 11,075 Mines Stanwell Jan 22 * Products Western 10,955 Dairies Stadacona 6.00 3.15 W & Pyrite Jan Jan 4.10 Standard Southern 15 %C 1 Equipment Lake Jan 3.10 trust Spooner 1.70 23c 2.35 Mining Souris 65c Jan 3.85 — Van Jan Jan 2.30 Mines Slocan 7,900 1.56 16c 2.80 Silver-Miller Slater 68c 37c 4.00 Breweries Simpsons 9,900' Jan 2.35 Preferred Siscoe G 75 preferred Silverwood Jan 3,803 21 Westeel 2.00 2.80 Horsey Sliver i5- 75 6.25 21 Jan 1,200 * Gordon Silanco Jan 43 % Jan 2.05 2.00 50c Creek Sigma , 11c 1.90 1 Shirriff Voting Jan 39 43 6.00 £ 18c 8,652 —_* buerrltt Sicks Jan 2.10 _• 13c 1 Security Freehold Petroleums Class Jan 18c 59% 16% Zi 17% — Scurry Rainbow Oils Ltd Shawinigan 23% Jan Jan Malartic 13c 1 Cement Jan Jan 58% Jan Maygill 86,500 —__1——v {Saskatchewan 19% 12 %C 25 1.73 West 17% • Bridge 1,340 28,140 58% 15% West 13c Gold 23% Feb 24c 120 Wespae Petroleums Ltd 1 Debentures Jan "2 3,850 Jati 1 Sapphire Petroleums Ltd Jan 29% 26 166,700 Jan 17% Gold Antonio 6.95 Jan 50 16c Jan • Ltd Jan 7,490 2.20 18c 1 Mines Jan 6.00 18.093 16% 19% 65c 12 class A 19 %C 24c 6.35 26% 1.73 Feb 18c 18 Cement Feb 16 % Jan 1.70 1 common- Uranium Jan 65 16c 17 %c 16c Jan 16c 25 Michael 8 Jan 2.70 1.47 53c 50c Corp new com A preference Jan 62% 16% 18% 32c • Lawrence Bt 81c 18 %c Mining Feb 3.90 7% 1465 58% 14 %C 61c Lac Lawrence Jan 525 65 % 16c 977 1.60 Uranium Industries Ryanor 3.85 Jan Jan 23% 23% 20,725 16c Ltd Rockwin Mines Russell 42 ) 7%, 645 26 78,200 19% 1.70 — - 6.15 1.59 19% 2.00 Richwell Oil 21c 15c 16%c 16c 19'/a : Preferred Jan • Jan Royal Bank of Canada 32c 1 ; 1.00 Royalite Feb 21c ; Wainwright Producers & Ref 1.10 Roxana Oils 26c 9.0J Jan 5,233 — Jan 3,009 26c 26 %C, 3.85 3.90 Jan 8.10 1 12,000 Mines 33c 19 *' 1,025 1 1.12 Consol Jan i—* A 1.00 Rowan 24 %c _* 2.15 Waterous Roe (A V) Can Ltd 5,250 22c 1 B 2.15 * Ltd Vico Explorations Violamae Mines Jan 70c Ltd 25c 20' 63 * Mfg Class Jan Explorations Ltd 1.00 Petroleum 50c * • Rocky Jan Jan 1 - Rainville Mines Ltd Long 21% 32c 43 Mines Alloys 1.20 Roche Jan 3,910 10 11:% Athabasca Jan 12,065 1 _• 1.10 Rlx 30C 37c . 7% * 11% Mines Jan Jan Jan 1.30 26c 11,700 118 8.70 65 * Canada 2,50 1,900 Jan. Jan 8.25 6.10 : 1.15 Uranium 27c Jan 104% 19 % —50 Mines Corp 11% Rupununl 5,528 • * Rexspar 104% 114% 25 1 Rio 2.57 1 . Products 9,820 92c Mines Jan 1 Radlore Uranium Mines Renabie 2.15 * Oils 99,900 9.15 Regent Refining 10,600 7% r.. A Hill Steel 1.35 16 %C Ltd 2.40 3.90 pid— United 2.27 • 1 • Rare Earth Mining Co Rayrock Mines Reef Explorations Ltd 2.20 26c ;» United 1.48 A__ 2.25 1 class Montauban Ventures Quinte Milk Jan « Mines Keno • Metallurgical 1.20 • , United 1.95 Ltd Queenston Gold Mines Ouemont Mining 39,550 1 class- United 1.30 Quebec Chlbougamau Gold Quebec Copper Corp Quebec Labrador Develop Quebec Lithium Corp Quebec Mamiou Mines— QueDec 2.05 36c ^ Inv B 2.26 • Ltd Jan 1.86 26c common.. Ltd Estella • Airways Producers Gas 43% 20 B Class Jan 12c Jan i Corp Corps United Fuel Jan —* 42 43 %. 25c Asoestos United Jan 1 —- —— Dome 150 113% Canada.., Mining Class Jan 57% of United, Jan 54c 4.75 Line. Mines..: United Jan 43% 58% Jan. 43 ; preferred Gas Union Jan 62c Pipe Ltd Acceptance 2nd Jan Jan Shawkey Union Jan 7c 12% 53c 53c * —;___1 1.49 70c 42 1 — 1.40 Jan 41% • —— 1.05 Jan 40 %' Chibougamau Union Jan 8,830 Warrants Prospectors Ultra Jan 116,515 * East Purdex 43c Jan 20c Jail Jan 1.60 Pronto Uranium Mines Provo Jan Jan 37 8.40 Tribag Mining Co Trinity 1.20 13c 1,487 1.93 Ltd.. Resources Jan 27c 3.000 Pipeline— Feb 1.25 9c Oil Jan 3.20 18c 39% i3 Oils 57% 1.33 12% bnunre Mountain 47% 1.40 Electric President 'Int.u* Trans 23 1.25 1 Explorations Jan 1.55 * Canada Feb Jan n.y.. 15c 37% —40 Jan 2.30 Lot. 38 preierred 50 1.25 Gold Border Premier Preston 1.05 5% 46% • Corp Oil Roy,— Prairie 1.10 ■ Trans 23 1 Oils Power w 685 British of Rouyn 1.57 • River Powell 3dc 1 Uranium Powell • 1 -_ Development Ponder 9.05 60 23 Jan Jan Mines Gold Gold Pitcn-Ore Placer 53 46% 23 Ltd Co Crow Pioneer 51 46% Gas Oil Phillips Pickle pio Mineral <St 53 23 Mines- oils Peruvian Petrol Oil 9.90 ——* — <to Gold Perron 1 Oas Nat 83c 1 Consol Paymaster Peace 1 Lta 10c 86c Range Since Jan. 1 High 16c A Oil — Mines Jan Jan Sharee 2.37 class Transcontinental 9.20 Drilling Uranium 7%c 52c for Week Low 1 SalM • Range •f Prices Sale Price Pardee Amalgamated Mines Pater Week's Last l .25c 30 %C 1 Mines Paramaque 28c WEEK Friday : . " ef Prieee Low .10o OilS— Pan Western FOR Sales fer Week r year's range). wi When x Issued. ... Ex-dlvidend. y Ex-rjghts. z Ex-stcck dividend. - _ } ■ 'i" ■ Number 5609 Volume 185 The Commercial andtginancial Chronicle ... \ (649) ?45 NATIONAL LIST OF OVER-THE-COUNTER SECURITIES Quotations Friday, for February 1 following bid and asked quotations are obtained from the National Association of Securities Dealers, Inc. and other selected sources. They do not represent actual transactions. They are intended as a guide to the range within which these securities could have been sold (indicated by the ."bid")* or bought (indicated by the "asked") at the time of compilation. Origin of any quotation furnished on request. The "National" list is composed of securities :* which have a wide national distribution. The Par Industrials and Utilities Southwest Gas Southwestern Aerovox Corp Air Barge Line Co__ American Box Board Co.. 32 ldeaf 25 % 27. Indian 33 74 36% Indiana 31 33% International Cement Co __ Textbook 33 74 35 % 30 32%. Interstate Motor 40 49 Interstate Securities Pipe & Const Co__—1 Research & Develop 1 22'a 23% Investors Amer 24% 26% Class •American Window Glass Co_12% 19% 21 21 Iowa Public Iowgfc Southern 1 —. Amphenoi Electronics Cory. x 20 Vx 21% Anheuser-Busch Inc 4 18% 20 % 1 15V8 16% Jack -Arden . Go Farms common Arkansas Products Aztec > Oil 25% Oil Bareco Bates ^ Mfg Bausch Bell Co 5 23% 25^8 18% 10 33 35 % 38 40% & * Co Corp Beryllium Corp Bingham-Herbrand Black Hills & Brush Corp Mfg Steel Bullock's 20% Burny City Public Serv Co Kearney & Trecker Corp Kellogg Co 8% 9% 44% 15 % 48% Kentucky Utilities Co Keystone Portland Cent Co 16% Koehring 25 Water Service 27 Calif & Telephone Petrol L-O-F Glass Landers 5% Lau Blower Co 13% :A Cuno Steel Star 21% Madison 9% Gas MUllory 18% 17% 35% 6% 52 1 38% 26 % 11% 38 24% 1 42 12% & Co —_ Marlin-Rockwell Prods 32 % , ' 34% 22 % 23% Corp (J 29 12% 18% 19% lc 93i 16% 17% 1 5% 6% Citizens Util Co com cl A__3374c 13% 14% —33%c 13% 14% 1 8% B 25 24% 26% 25% 27% Interstate Gas Co Colorado Oil & Gas Corp com—3 18% $1.25 6c preferred conv 25 — Connecticut Light Ltd Montrose 7% 16% 7% 8%, 8% 9% -1 15% 29% 16% 18 Detroit & Canada Tunnel Corp_5 14% 16 1 18% 19% Bridge Co__—1 ... 17% 11 Productions—2% 21 l>*si»ey (Walt) Inc. Arts Inc Products $1 East Utilities Paso Electric Emhart Gas 18 9% 9% 14% 15% 36% 43 4 i % 7% ——1 36 % 39% 8% 9'4 * 22% Gas 9% 10-% 16% 18% 13% 14% pfd_* 63 % 67 % 37 39 % * Co ■ 7% 17% 18 -Co—:^l * — First 32 First '4 30 % 19% 18 %" 1S% % 5r'% 18% 19% 47 1 32% 3o 1 ———————10 24% 38 % 40% 1—5 23 24% Co——2% 37 1 13% 14% 12 % 13% 2% 28% 3 % Portland General Electric Co_7% 2' — 1 — Coke Co 357 22% 24 37% 8% —. 17 18 5 14 V® 15 % Alegre Sugar Corp——_1 19% 20 % Metals Corp of America—1 4*% Punta Co of Mexico New Oarlock Packing Co ■! General Controls General Crude J Co Oil 8 40% Genl Tele Co of the Southwest 22 % 1 19% 21% Giddings 6c Lewis Mach Tool Co.2 27'% 23% Giant Portland Cement Co 20 5 Financial Corp.l 35% 37% Fire Brick Co—.5 23% 24% Green Mountain Power Corp—5 15% 16% 10 11 Great Western Green (A P) Gruen Industries Inc— Coast Leaseholds 1 4 Inc„20c 3 % * 9% 10%' 10c 7% 8% 29% 37 Gulf Interstate Gas Co Gulf 8ulphur Gustin-Bacon Hagan Corp Mfg Co Chemicals <k new._2.50' Haloid Class B Haskelite Hoover Hudson *. Class 25c 5 Company (M A) 24i 2 36%£ 15 Brand Rice Mills Inc—3% 19% 9% 53 97 26 28 34i 37% Long Island Trust Co (N Y)—10 28% 39 Manufacturers Tr Co 44% 48 62 % 66 267 Robbins 6c Myers Robertson (H H» 25c —* Inc Co 1 — 10 Rockwell Manufacturing Co—2% Rochester Roddis Telephone Corp Ryder 55 50% Plywood System (G D) Seismograph Sierra Skil 1 5 Corp Inc <k 2 Co Bank N Trust 45 % 19% 21 of 5 Power Co Corn 107 (St Louis)—25 59 of Boston.10 40 43 (N Y)—100 335 349 Merchants Natl Bk (J P) <fc Co 57%-*w* 62 76 74 ! 8174 of N J.25 37 74 40 74 337'a 85% 88% National City : 3174 29 10 -5 .50 29% 28 176 J) 25 57% 6174 44% 47 Newark—1274 48% ing Co State New Eng New — (N 5 7% 8% 2% A 30% 32% of Bk Northern (N Y) Trust Co Tr 25 40% 70% ;—— Trust (N Y> 185 44 4074 27% 47 85 : First Natl Bk <fc Tr Co (Pgh) 20 Peoples Tr Co of Bergen Cty (Hackensack N J) 5 Philadelphia Natl Bank— Peoples (Newark Co 29% 88% New $10 common 55 20% 67 7'a 310 .6'4 Natl Bank of Boston ..12 7a Natl Bk of Chicago——100 Natl Bank of Dallas—10 N (Camden Natl Bk Natl J> (Jersey of Bk St 6c Pennsylvania Trust Co 64% 34% First Westchester of 21% 70% t38 % 40% (Boston»_—10 2374 25% (Phila)__10 55% 59 53% 57% 3-for-l (ex split). Trust Co Pilgrim Provident Co Trust Rye St 69 4874 32 Square N -10 — Y) 35% Louis 27% Second 19% (N Y) Exch Bk 16% 72 74 74 74 York—10 Harris Tr & Sav Bk (Chi) —100 Hartford Natl Bk & Tr Co—10 Hudson County Natl Bank (Jersey City) new $25 par 42% Street Bank-State Trust 20 65% 6974 PbUa—_10 31% 34% 44% 47% Mass) of (Los Angeles) 1274 Security Natl Bk of Hunting¬ ton (N Y) 5 State Bank Albany of Natl Bk 33 47 10 Tr & 30% 51% Co (N Y) Trade 25 20 Bk Tr & Bank of New Co 440 & (N Co Trust Co of New of No 45 10% 11% 27 29% 44 46% 6874 71% 29 31 Va 54 59% 1674 18% Valley Natl Bk (Phoenix Aria).5 (Union Cfty>_„8 Bk of For footnotes see Com 43 proceeding page. 38% We maKt Markets in two out of every Southern Colorado Power 76 79% Southern New 3 3% Southern Union ___1 f Eng Tele Gas Co National list Utility three of the of Stocks quoted in the above Securities. Over-the-Counter 14% 297s Co—• Southern Nevada Power Co 25 Industrial & 1 Co—25 & inquiries are invited 56% 16% 12 14 15% 14% 17% 39% 15% —27%. Your orders 18% 42% 28% TROSTER, IIA 2 2400 SINGER & Member,: N. Y. Security Dealers Association 74 Trinity Place, New York 6, JV. f. 48 20 274 (Cleve)—10 Union Tr Co of Maryland—10 United States Tr Co (N Y)—20 Union 21% <N Y)__5 Jersey Amer • Co Tr (Phila) Trust 34% 32 74 split two-for-one 4574 469 Co Bk Tradesmens Hanover 13 78 11% 46% 42 Y)__10 Y) 18% 26% 53% 15% 82% 78 Co—-20 76 71 (Philadelphia) 18 36% 9Va 8% 2 Security First Natl Bank (N 15 "20 Trust Union Natl Bk Sterling Girard Trust Corn 77 17% National Bank Second 26 5 — 39% 73% 6374 (Franklin Bk 36 10 ——10 55 45% 10 135 ol New York—5 Boston Royal State Bk of Banking ... Bank Natl 35% 667a (N Y>—20 RockJand-Atlas Royal Bank of Canada 320 Natl Bank New Rochelle Franklin Natl 16% par 35% 33 51 60 City>—25 Louis...20 (Phila> 58% 15 Natl Bank Riggs. Natl Bk of Wash D C—25 74 3 4 69% 6174 3172 33% Camden Natl Bk 6c Tr 24% 5 27% 1 10'. Calif Water Co 438 400 (Chicago)—100 Co 52% 38 67% (Boston)_100 Trust Co York 49 13% Oil 6c Devel Co.lOc Southeastern Pub Serv Co—10c Southern "*"59 63 (Cleve)—16 Bank¬ Essex & Natl Shawmut Bk of Boston.12% Natl & Trust Co J) Co (White Bank Newark Natl 77% 17% 45% 12% 22% South Shore Mfg Corp 62 Va Detroit.—ilO*^*"55% ol Bank National 57% 73 7% 2 3374c Smith, Kline & French Lab 111% Natl Bk & Tr Co (Pgh) 25 Mellon Mercantile Tr Co Tr Co_12 7a Bank & Trust Y) Hudson Tr 1 Service Corp Pacific 103 425-1 (N Y)—10 Y) (N Freeport Bank Natl Brook Meadow 51% 10 Roadway Express class A 125 20 Co Bk & Tr ^21 River 123 Mfg Go Liberty Real Estate Co (Phila) 1614 19% 113 common 20% Y% Kings County Trust (Brooklyn N Y) 252 Bank & Y) '-I.-25 37% 35% ,.5 iPhila) (N 33% .-10 Co Co 19 10 Trust Trust 34% (N Y)__10 4 21',2 3 117 class Companies 33 .12 % 10 Hugoton Production Co Hycon 4% 4% Pulp & Paper Corp A 22% Riley Stoker Corp Co class A com. 10 common Co 5 1 Chemicals Republic Natural Gas Co Searle Controls Haile Mines Inc Hanna 50c 31% 34 % Gulf Relchhold Richardson Co a 20 preferred 5Vi% First fx Rare 1 Co 46 74 40% 7% Serv Ask — 65% —50 Guaranty Trust Co 5 Pub Bid Co 319 26 74 36% 41% 4974 45 s,'a J) 3 Producing Properties Inc -—10c Pub Serv Co of New.Hamp—.5 America 19% Industrial iChicago'.25 5% Potash Co of 37% 17% Light Off-Shore Irving ,30% 111% Co 11% 35 (Boston. 26% General Amer Oil Co of Texas—5 Gas Service Co First First Corp.—3% Gas Co__: 6c 17% 10% 42 Va 8 5% 57% — 18 15% 107 33% 54% _———_2% Mineral .5 % Rubber 15% & State Cd%N J) First 19 10 — 16% —• Park Inc ( Wash).l Gas 28 5 10 Pow Par 7% 16% 1 3 Indus. Corp 26% Inc Republic 25% Plymouth Corp (N Co Trust 19 % 24% Portland 10 Zapata 10 14% Sulphur Co „70c - 31 % 38 74 43% 20 13% 32% Polaroid Corp Ltd (St 18 30% 11 Fluor _100 Bank 10 Federation Bk & Tr Co (N Y >_10 Fidelity-Bait Nat Bk & Tr Co.10 Fidelity-Phila Trust Co 20 Fidelity Trust Co <Pgh» 10 Fidelity Un Tr Co (Newark10 Fiduciary Trust Co (N Y>—10 First Bk Stk Corp (Minni 10 8 Pacific Power & Light Co——6% 55 17 % 2% Co 6c Ask 39 305 62 74 59 Y)——16 (N Co Natl First Natl City Bank Hole 16% 19% 32 % 36 11% N 55 23% Foote Bros Gear 6c Mach Corp..2 ...6% (Newark; .25 12 7 7% 51% Pigeon 14% .5 Industrial Bk of Com Federal 1 Pioneer Natural 13% (Rudolph) Co Wyandotte Chemicals Corp A S i Empire Trust Co 1 Brewing Co ld% ' & 17 1 Northwest Pipeline Corp Tool 13% 10c Wurlitzer 17% 5 Lumber 43% 127a Wood Conversion Co a Bid 17% 28% American 41% Wisconsin 30 Va 187 15% Otter Tail Power Co Pickering 974 8 Corp.. Corp 1 l 34% 14% 30% Pendleton 8 7a 16% Opelika Manufacturing Corp.—5 Oswego Falls Corp 5 Pan 30% 29% 10 33 1 Production Corp Coal Ber. Cos Co Gas White 72 27% 9% 16% 50c Serv T York New (Paterson Countv Co Old 6834 32% „_50c Coal.: Pub Indiana Massachusetts Eagle Oil Co Whiting Corp — 7 Corp.SOc (Chicago) County 9% A com_50c — N Commerce Continental 111 27% Gas Co 5*% .— —— ; Co & r_l Natl Frito Oil Northwest Pac 34% Co Line Francisco of Co 8% Corp American Pabst (Texas)—* Co Mfg Co Joote 28%' 26% Shops of Del Mortgage Assn_100 Poods Fanner Federal Boston 16% 21 11% 17 50c Inc ' First 10% Co—1 —— Fairmont 31 % 29 2 Co Mfg Co State Oil Empire 8% Associates—10 Eastern Industries El Shirt 6% Lt 6c Pwr Co_5 America of First 7% 27% America Nat Tennessee Eastern 15 19% 1 Northwestern Pub Serv Co__ 2 ' „ Corp of preference Dynamics Pipe Gas Elec Trust % 8 7s 1 Inc.. Bradstreet Dunham Bush Inc :' common Penn North 25% Donnelley (R & Sons Co—5 DuMont Broadcasting Corp..—1 Gas Commercial Trust Co. 26% Corp ___2% Corp ^5 Oil 6c Thermador North 6% _1 1 Inc Telephone Co Natural Western 9% . Manufacturing Co Lt & Western 6% 8% 1 Corp Industries Inc Services William® 5% Co Gas 7% 3 Connecticut Bank 6c 23 Chemical & 19% —10 Northeastern Water Co $4 12 internal Di-Noc Dun 28% I Eng Gas & Elec Assoc Norris North 19 1 Detroit Doeskin _ New Nortex 14% 27% Detroit Harvester Co B National 50% Y„2%' Aliuninate Gas Class 1 Dentists' Supply Co of N 34% Western 65 .1 Inc Commercial 22 17% 1 Supply Co National Homes Corp 15% 3^ 32% Jet Morgan 5 ; Chemical Co National 8 vtg_—l Inc-—-— Co National 7 21 Corp Oil Delta Air Lines Nat Plains N " Delhi-Taylor 6% _ City Natl Bk & Tr Cleveland Trust Co 19% .33 — vtg Utilities 20 26% 5 2 Co Line Co Valley Barge Missouri * 1 Inc Shipping Mississippi Valley Gas Co ■ 5*-2. Cutter Laboratories'com Laboratories Mountain Fuel 6% Copeland Refrigeration Corp.—J Cummins Engine Co Inc —.5 28% Miss 19% 6c Power Co.* Continental Transp Lines Inc__ 1 Common . 30% Commonwealth Oil Ref Co Inc_2c 26% common 73% 19% Milling 7% A 21% 75 a Elev Co—1 Colorado 221% Corp Minneapolis Gas Co 27 1 Colorado 18% 10 Co 24% 60% - 5 Central Natl Bank of Cleve—16 Centl-Penn Natl Bk of Phila.10 Chase Manhattan Bk (N Y)_121/a Chem Corn Exch Bk (N Y)—10 29% 20 % Mississippi 1 com 1 Corp..1 Inc Petroleum. Corp States Camden 39% 27% Miles 9 —2% A 37 % Class Inc Co Stores 2% Publishing Co„wWr.5 Michigan Gas Utilities Co 5 Miehle Pig Press & Mfg Co 21% common Radio Class 17 % 22 Broad St Trust Co (Phila) 11'% 6 Colonial 40% 5 20% Louts) 1072 10% McLouth Steel — 37 Va Corp_5 Gasoline King Boatmen's 8 Trucking Co cl A com.l McLean Meredith Co National Bankers Trust 13 % & Co Inc.l Ray) Industries McLean 31% class B Natural Bank % 27 1 Inc Herrington Co Inc 22 Collins 44% 1 —— Automo 29% ' 19% Common 15% 1 Pipeline Co_l Gas Industries (San 54 % Clinton Macr.ine Nat Bank of Maxwell & Moore — Ma-remont 5% 49 ',4 51 Corp 14% West Point Gas Transmission Bank 34% 45% Electric Co. —16 (PR) Manning, Inc 32 McDermott Co 52% 10 Co Washington Natural Gas Co 27% Par 14 7 Serv 49% Bank & Trust 33% Gas 57% • (S D) 26% 23% 5 43 % 1 6c 20% Pub 33% 48% Warren 12% 40% 13% Vt 46% 31 Welex 2778 1% 31% 6 43 74 5 Brothers 32% -41% —1 Co 1 ♦ Co ———10 15 1 Warren 55% Maryland Shipbldg & Dry Co_50c Utility Corp 8'% 4% 5 Marmon Telephone 14% 21% 32% 14% Soya Co 13% 20% 7% 3% 17% 10 5 a 33% Co 5 50c 14% 20 3 13'/a Public Chattanooga < 13% 19 31% Power Corp Inc 31 111 Trans 16% Central r 24% 3% Central *- 23% Co Central r 33 Co—10 Central i 31 Gas Maine 9% 1 Gas Louisiana Electric Co__5 8% Tracerlab Inc & Central Iron & Mills Fair Wagner Electric Corp Warner & Swasey Co 7% 38 % Tow motor Corp & Elec 6% 35% 26% 30% Macmillan Co- 23 111 16% 7% 25% Gas Co.-——5 Electric 19% Corp of America Vitro 18 lc Topp Mfg 6c Sales Co 41% 5% Vanity 5% —1 1 ' Tokheim 1 1. Inc 19% Indiana Corp..1 Inc 23% 8% 2Va 48 14% Corp_7 Time 10c —__i Corp 39 Central r — Oil Corp Loan 31% Central 13% 35% __—1 Lucky Stores Central 1 40% 5 Lone 10 9% 27% • 1 1 .25 14% Cedar Point Field Trust ctfs ' Co 44% Oil of CaMf_l Co 1 Paper Central Fibers Frary & Clark 40% 1.0c 8% 5% 25% Transmis Gas Eastern Tucson 41 % Products Corp 11% 5 — Lilly (Eli) & Co Inc com cl B Lithium Corp of America Canadian Superior Carpenter Ceco Steel .. Co 7% Ltd 44% Match Valley Mould 1 1 2% Gas 1 48 % Co Three 3 6% 37% Co_12% 45 % Corp Sugar Corp 35% 38 —10 Liberty 20 48% 32% 32% 16 _. Le Co__25 45 5 Transmis Thermo 27 25 74 5 Co 15% Oregon Power Co California 16% 29% 1 Texas 37-% 10% 50c Kendall * California 30% 15% Inc Texas 4% 35% .3 9 '/a 1 29 V« 29 26% 27'% — Co Corp Texas 40% 3% Gas.5 lt> Co ■. Delhi Natural 37% 1 —10 Castings 17% 46% 14% 1 26% Utah Southern Oil Co 247a Corp Texas 9 24% common 27% Co Corp 12% Upper Peninsular Power Cd 9 .10 Universal Inc Texas 12% 23 % LudloW Canadian 16'/a 17 Corp Wat 1 — 13% 8% 1 Inc 8% 26 14% Beryllium Co 21% Corp Propane Tennessee 43% Corp Kansas-Nebraska 18% Sharpe Mfg Co——10 Buckeye : 6% 8 % Power & Light Co__l Brunner Tekoil 1 Kansas 7% Black, Sivalls & Bi yson Inc com 1 Botany Mills Inc.,, 1—1 Bowser Inc $1.20 preferred__25 Brown - 11% _i Steel —5 * 1 —... - Co 5 Hathaway Inc Berkshire Electric 10 1 _—,, — 20% Corp Refilling (O A) Sutton preferred Kalamazoo Veg Parchment Co.10 10 Optical Co 10 1 Greene Suntide 11% 10% $1.46 20% 6% 1 Kaiser 10 Gossett Beneficial 19% __1 United Utilities Inc Delaware Corp Co Inc.. Wells Suburban 1774 23% 20% —_—- Lomb 30% 16% 22% 1 Jessop Steel Co Co——5 Co & 28% —5 Jervis Corp Co___ 37% Texas 52% Inc Gas & 68 Co. .15 Heiritz Inc & 24 % Co 24% 34 % —25 Hotels Stubnitz 64 Co.. „5 22% Cobb 6c Tampax 43% Art Metal Construction Co 'Avon Pow 6c 17% United States Truck Linea Inc.l Works Struthers —1 1 32% ,_2% Products Strong Bid 30% Mfg Co Statler Chemical & States - 5 Co Gas 17 74 Inc Utilities 10 Western 13% 16 Borax S United —2% Common non-voting 22 12% Par U 8% 19% Register Home Stanley 20% —5 „— Service Co JeLerson Power Missouri Arkansas Co common * Partic preferred Public Service Arizona 4374 Sys __1 Freight Iowa Electric Lt 19% Incorporated AMP 40 _• Stanley Ask 7% 18% Co E) (A Standard 11% 22 % III Services Diver A Staley 1074 Bid Co„1 Co—1 Tele Sprague Electric Co a 7274 69 Carbon Speer 21 Co- 2 American 361 -_1 Gas 6c Water Co Interstate Bakeries Corp 10 Hospital Supply Corp American-Marietta Co -10 . Head Mills Inc Ask 3374 4 American Express Co Amer 29%. 1 •American Bid Breaker 5 Co__l Inc Products Circuit 1 Engineer Aetna-Standard ITE 5% 4% 1 Par Ask Bid Par Producing States CO. NY 1- 376 46% 46 The Commercial and Financial Chronicle (650) Monday, February 4, 1957 ... NATIONAL LIST OF OVER-THE-COUNTER SECURITIES Quotations for Friday. February 1 Mutual Funds Mutual Funds— Aberdeen Ask Insurance Mutual Funds— 25 c Inc Fund 1.54 1.70 Intl 1.25 Fund Affiliated Bid Par 5.77 6.25 Investment Co Investment Trust 5.33 Aetna Casualty America—_1 of 9.11 9.35 Aetna Insurance American Business 1 3.77 4.03 Mutual Fund Inc—1 8.03 8.84 Jefferson Custodian Funds Inc-1 Fund Trust * 1.52 1.67 Johnston Atomic Shares Fund Mutual —1 15.69 17.11 Inc—1 5.63 6.12 Inc.. Fund Axe-Houghton Fund "A" "B" 7.99 3.72 11.16 Mutual Fund Inc 1 X20.79 Inc— 1 15.21 —10c 9.73 1 21.33 1 12.53 Broad Investment Street Fund Ltd Bullock Inc— Fund Ltd (1954) 14.24 21.16 7.42 8.11 Inc—1 1 Venture Fund Century Shares Trust Chemical Fund Inc 5.39 22.22 24.02 -50c 15.23 134 12.25 1 11.32 12.35 13 67 14.91 6-4 (Low Com Stks>_l 9.51 10.38 11.65 Composite Bond & Stock Fund Inc ————-1 17.74 Lexington Trust Fund 15.33 16.67 —1 13.71 Consolidated Investment Trust-1 Western Investment Inc Dividend Income Fund 1 16% Fund Life Insurance Inc Inc—.— 1 Investing Co Inc Mutual Fund Inc Vegh De Vegh Stk Fund Inc—1 Sayles Mutual Managed Automobile General 14.82 18% 14.14 7.13 14.28 67 Metal 5.19 2.66 3.82 4.21 shares Petroleum 3.21 3.54 2.74 3.02 Transport shares Bond lc Massachusetts Mutual Life Shares- Dividend 22.91 Preferred Stock 20.17 21.59 Income * Corp—1 4.81 Mutual 156.07 7.09 5 Fund Inc_l 3.82 4.18 7.53 Nation 9.98 10.94 Mutual Founders Preferred Bond Inc Capital General 6.80 7.46 Fund 17.18 Peoples 3.11 3.38 14.55 15.90 11.99 12.96 7.19 7.82 Pioneer 19.93 9.55 10.40 6.49 7.09 1 4.64 8.29 1 6 06 8.66 1 Series 6.30 1 31 Vi Shares 1 9.20 10.05 Securities 26% 28% 37 10 82 86% Md of (S 10 44% 47% 2.50 52% 55% 36% 38% ' 96 Vi 100 11.21 Federal Funds Canada & 3%s 14.20 15.43 3%s 29 48 - Inc—1 46% 48% 10 59 20% 22% 78% 82% L__ 10 21% 23 Ve 12% 13% 52 56 48% 51% St Corp (N Yi 2 Insurance (Texas)—10 Paul Fire Seaboard & Marine 6.25 Surety Co 10 36% 39% 10 48% 51% 10 Accident 68 10 52% 55% Title 42% U S of Co North 80 Amer—5 ._5 73% 20% Travelers 142 63 5 Standard 10 105 10 Guar & Trust (N Y)___3 5 148 U S U S 46% 92% 97 Fidelity & Guaranty Co—10 Fire 3 19 20% 73% 76% 65 % 68% 25 27"- ' Life Insurance Co in the City Y Westchester 2 "!26% 28% Fire N of 2 27% 29% one 32ndj more or Loan 15, Ask Federal 100.1 3.30s Banks— 1957 3s 99.31 Bank Land of a point Feb 15. 1, 15. 1957 1957 100 1 100.3 l%s Oct. 100.1 100.4 3%s Feb. 14, 09.31 100.1 3%s May June 15. 17. 1957 1957 99.29 100.1 July 15, 1957 15, 100.2 1957 — 1958. 97.6 97.16 1, 1959- 96.12 96.22 1, 1960. 95.10 1, 1960 May 1. 1971 95.20 Feb. 3%s 100.7 Sept. 2%s Central Bank for Cooperatives— 3%s March 1, 1957 3%S April 2s June 1, 1. 1957 99.31 100.2 99.29 1957 June 95 1972-1967 15. 3, 99.10 1957. Selected 8.62 99.31 99.18 Federal 1 11.04 Industrial Machinery shares_lc Institutional Bond shares lc 1 13.65 1 xll.83 • 101% 99 100 Natl Mortgage Assn— May 20. 1957 Aug. 20, 1957 Sept. 20. 1957 20, 99.27 99.31 100.2 — 1959 : 100.5 100.6 100.10 98.24 99 - 14.96 Merchandising 96 11.93 Smith 95.20 95.30 • 100% 1972 15, 3.35s 100.2 9.32 Shareholders Trust of Boston 98.30 100.1 2%s Jan. 9.44 8.95 16.08 100.2. 98.20 1958. 4 %s 8.17 98.28 99.31 2%s May 2%s Feb. 100.4 100.4 1957 a22.70 14 69 100.6 98.20 1958 2%s May 1, 2%s Nov. 1, a34.76 lc 100 4 %s 100.2 Clark— 1 100 99.28 3 Vis July 3%s Sept Fund Aak 99.28 1957 1, 1957 15, Bid 1957 May 15, 3% April Bonds— 3.90s Clark & Stock 52 Reinsurance 29.78 • Stevens Common 98 10 Republic 38% Home 3.20s 21.61 1 of 10 35% Stock Fund Inc Scudder, (Minn) Providence-Washington 32% Mar 21.40 2.50 Growth Stevens Life Pacific Indemnity Co Peerless Insurance Co ! 36% Mar. 1 Inc Fund 74% Fire 30% 3.80s 14.11 12.12 Scudder, 70 50% Bid 19.27 11.15 Scudder 10 % 12.50 33Vi 13% 37% 9 47% 5 —— 41% Obligations of Government Agencies 17.66 1 12.31 28 35% 89% 3.33 Vi Insurance Pacific Figures a<ter decimal point represent • Inc Nuclear 25% 2.50 , Northwestern National 7.06 Science. & 41% 5 _1: Northern 5 insurance 12.90 Inc Rowe) 38 10 Security (New Haven 1 Springfield Fire & Marine .10 10.24 Corp Fund 48% Fire'- River (Jacksonville Fla)_2% Hartford Fire Insurance Co¬ 1 Fund 45% Fire 5 American Life 19% 2 Casualty 10 Republic 18 Phoenix ^7.50 F) Reinsurance Corp 3%s 13.30 12.28 administered 4% 69 39 5 A & Inc 6.53 11.24 Fully 4% 65 83 5 class Northeastern 88 Vi 34% Falls 33 Vi 12.24 6.31 York North 62 Vi 4 21.66 1 11.21 7.36 84% 59% Corp—5 Newark 6.89 20.04 l lc 6.70 5 10 , Corp Hampshire New 86% 10 • 12 % 33 9,46 l 1 Fund Stoek Fund_lo 5.75 121 1.25 —5 33% 6.62 6.67 lc New 267 114 _ Co 37 3i •56% 9.01 Inc 9.22 lc 81 255 5 Co Ins 5.07 1 Series (Geo) 6.08 shares Fire 11.37 Fund 8.41 Equipment shares 2 10.32 Putnam lc lc Food 29% 10 Philadelphia Fund Great Puritan —lc Rtectfonics & Electrical Life National Union Fire 100 43% Ltd Fund (T shares Fund 11% 3.63 18.42 1 Fund Inc Building shares Capital Growth shares of of Gulf Chemistry Street 9.82 (The) Assn Firemen's Capital Fund Philadelphia 12.82 Common Deposit 3.34 1 * Securities 8.96 Chemical Fire & al4.73 Inc 11.71 Aviation Fidelity 3%s Feb. lc shares Automobile 27% 94 4 1 Corp Over-The-Oounter Price 4 New Amsterdam Co Reinsurance 1 Fund Electronics 15.68 Securities— Group Employers Globe & 1 Stock Nucleonics 1 Trust Manufacturers National 18% 35 % Life Federal 10.22 Series Canada 1 Corp Investors Ins Eagle Fire Ins Co (N J) Employees Group Assoc— X9.32 Shares England 1 Fund Inc Industries Gas General Lite Casualty Glens Series Growth Pine 52 Monarch 17% 10 General 40.65 Series Stock 2 1 Inc — 31% 5 Fire 27% 33 J)__5 Amer Assurance 37.60 Series: lc series stock Fundamental Investors Futures (N Franklin Life Wide Securities Co Inc_l Balanced of 25Vi __5 of Natl 1 Investors New 5 Assurance 15% 35% Merchants 52 Co__1 Security Series— 8.18 Inc— Fund Financial Industrial Columbian Connecticut General Inc National 15.07 Fund • Franklin Custodian Funds Inc— Common stock series lc Fidelity Trust New York 13.94 Ins » National 157.64 6.84 Ins Life 11.08 of beneficial interest 5.26 10 20c Investment 10 J).10 ___ Colonial 11.96 Series 21.43 Fund Inc Equity Fund Inc 1 39 % 9.29 Stock Fund Casualty Massachusetts Bonding 19% (N Assn 10.25 Coru 8.55 Energy Maryland 28% 18% _— Life Ins 11.06 Fund Fund 1 -Electronics 7.96 Trust Invest Mutual Howard— * 26% Stock 2.63 Fund 3.49 7.26 Growth 25c Balanced 3.17 10c Inc Investors Investors 17.70 Inc 3% 6.25 Fire 33 %c Massachusetts Mass Fund 15.64 Fund 3 5 Nationwide Fireman's Marhattan 2.50 & C)___1 4.40 lc Fund—1 2.89 3.78 3.99 Investment shares—lc Special 9.62 Shares 3.43 lc X8.78 Dreyfus ' lc ... shares 13.46 Dividend 227 29 D 5.71 2.41 12.28 E 218 27% (Wash Stand Continental shares—lc shares Paner 11.69 Diversified Trustee Shares— 10 (Newark N J)—2% Insurance Co Continental lc shares 63 % Investment 5.98 Equipment shares_lc 10.64 Series 15% a42.00 Fund—• Fund Inc 6-52 106 Crum & Forster Inc Industries 1 Diversified 5.49 12.37 Funds— 1 Diversified Growth Stk Fund—1 Fund 'Delaware 14% Investors Inc—1 Insurance Loomis Crown '3e 11.32 25o 19% 14% 101% Bankers & Shippers Bankers Natl Life Ins Beneficial 17% 1 Merchants & Boston Inc 20 Camden 19.29 1 — Concord 1 31 (Va.i_5 Life Insurance Co of Va_ 6.61 Fund Companies Corp Lincoln National Life 12.60 6.03 Stocks) Priced Knickerbocker 13.32 Fund 16.72 Ins 28Vi Surety Co Stk)—1 9.72 1 Life Title 40% American 15.32 10 134 26% Re-insurance Com 10.62 8.94 27% Ask 127 36% Assurance Mercury 9i34 10 5 Home Ins Co (Income Com 139 9.78 1 Investment Commonwealth Stock Fund 25% Bid Ins— Co_5 preferred- conv American 13.12 Electrical —1 Inc—— Lawyers Amer 8.55 Life C) Jersey Insurance Co of N Y 38% Fidelity & Casualty_5 Amer 12.02 N 32% 35% American (Speculative 13.200 Commonwealth Composite 184 30Vi 5 18.85 1 (Income Pfd Stocks) Standard (Greensboro 10 11.34 (Speculative Pfd Stks)—1 (Higli-Grade Com Stk)—1 S-l 16.47 12,600 ——— Fund Jefferson Insurance Co 17.28 5.90 com—100 Securities Preferred Colonial 74 % 177 Par 127% 71 Equitable Assur 10.39 1 Life 1 Capital Christiana 13.17 19.56 Growth Ltd Fund 7.38 6.94 1 Fund International 26.48 Bonds) Keystone Fund of Canada Ltd. 1 1 — Inc Canadian Canadian 24.27 (Discount S-2 13.74 Fund General Canada -1 (Medium Grade Bonds)-l (Low Priced Bonds)-—1 Bonds) 5-3 23.06 ' California 25.82 K-2 10.52 Fund Boston 24.74 K-l 16.44 Bowling Green Fund 1 B-3 22.35 • America Tr of 122 10 10 Agricultural Companies Ask 10 Co Aetna Life SI.25 Funds— (Investment B-2 12.13 Inv Surety Bid American B-4 10.78 Blue Ridge ' 6.21 B-l 4.07 9.92 Eaton 11.06 5.67 a20.60 Fund_l Mutual Custodian Keystone 8.68 Inc__5 Axe-Houghton Stock Fund Inc_l Axe-Science & Elect'nics Corp lc Bond 10.12 of" Boston—1 & American (The) Development Axe-Houghton Par 4.88 Inc American Associated Ask _lc Fund Resources Bid Par General bond Mining Steel 11.65 12.76 Amer Shares (Edson Southwestern Sovereign B) 1.25 Fund Investors Inc Investors lc lc 6.07 9.84 10.78 lc 17.33 18.96 lc 4.13 4.54 Texas 9.61 United Utilities 2.63 2.90 lc a28.50 11.09 8 77 1 14.87 16.38 TeIevision-Fiecti^P!*£fl Fund 1 11.54 Templeton Growth Fd of Can 1 21% 15.32 1 16.88 Fund Inc 4.26 ; 10c i 4.66 a24.50 8.84 10.97 11.92 United Continental Fund Income Fund Science United Funds 1 7.96 8.70 Shares.l 9.80 10.65 1 10.52 11.50 Fund Hudson Fund Canada Ltd Inc i 1 16.30 17.72 1 603 •6.59 15.36 16.61 Income Foundation Fund Inc 10c Income Fund of Boston Inc l 2.46 2.69 1 5.64 6.16 ioc 2.69 Incorporated Income Fund Incorporated Investors 10.46 11.43 1 Institutional Shares Ltd— Institutional Bank Fund Inst Foundation Institutional Institutional Institutional 8.70 9.09 1 10.85 7.08 Strum & lc 10.72 11.73 lc xl0.46 Fund 11.44 10.80 11.82 Fund Towne 22. Treasury ICO 1957 or 99.30 100.2 more 24, 1, 100 IV2S 100.1 100.3 2%s June Notes— 2%s March 15. 1957 l%s Oct. 1. 15. 100 100.2 point Ask Apiil 99 1, 1958 1958 99.8 98.6 1957 15, 100.9 Treasury a Bid 1, 100.6 1957 1957—: of Notes—(Cont.)— IV2S Oct. 1 %s 3%s Oct. 32ndi Maturity— 98.14 99.13 99.15 97.10 97.18 97.2 97.4 1%S April 1, 1959 l%s Oct. 1, 1959.. l%s April 1, 1960 96.12 96.20 95.16 95.24 94.20 94.28 93 24 94 Feb. 1958 1959 1 %s April Mav 2s Aug. 1. 1957 15. 2%s Aug. 99.24 1957 100 l%s Oct. 99.25 99.27 1 %s Apiil 1957 15, 99.19 1957 1, 99.17 99.13 93.15 l%s Oct. 1. 1960 1, 1. 1961 93 93.8 1961— 92 92.8 Stock 9.83 Fund, lc Income Special Situations Inc Inc Inc 1 Wall Street Fund Growth Line Van March June 1957 one 11.82 1 Income 9.51 1 Line Fund Indebtedness— 15. 2%s Ask 2.94 Value Fund of Feb. l%s Value Line Fund Inc Value . Bid 3V4S 4.21 Haydock Fund Ire 8.09 l Fund Certificates 2%s l Accumulated United _10c ._ 12.53, 23% Funds Inc— United Inc— H-C7 Figures after decimal point represent 11.73 Maturity— United H-DA 1 Inc_l Investment Fund U. S. Certificates of Indebtedness & Notes 13.29 41.75 6.66 lc shares Funds 12.14 39.25 Investment Corp Stein Roe & Farnham Fund Sterling 12.93 1 • State Street shares Industry Shares Inc Guardian Mutual Fund Inc Series 9.63 shares stock Growth Series 11.01 8.79 lc shares Hamilton 8.91 10.05 shares equipment Tobacco 8.55 lc shares Railroad Bond Railroad 8.61 lc shares shares Petroleum RR shares—lc shares Investing Corp Washington Investors Federal Intermediate Credit Bank Debentures 7.74 Mutual Fund Inc 8.56 1 Wellington Fund 9.36 l 12.77 13.92 lc 7.07 7.74 Whitehall Fund Inc 1 11.50 12.43 lc 12.09 13.22 Wisconsin Fund Inc l 5.03 5.43 Rate Dated Due Bid Ask Bate Dated Dae Bid Aik Bid Aluminum Co of Amer 4%s 1982 Industries 4 Vis Airlines 4Vis Commercial Credit 4%s ! Corp 3%s Fruehauf Trailer 4s 3%s Hilton Hotels Household 81% 91Vi 92 Vi .1974 99 % 1-56 3- 1-57 99.31 100.1 3.75% 10- 1-56 7- 1-57 100.1 100.4 7- 2-56 4- 1-57 99.30 100.1 3.75% 11- 1-56 8- 1-57 100.2 100.5 8- 1-56 5- 1-57 3.75% 9- 4-56 e- 3-57 86 1975 Bonds—(Cont.) 94 125 4%s 1970 100 100 100.3 87 1986 101 % 1G4% 105% 104 104% 104% 104% Sears. Roebuck Sheraton Co & 4%s_1936 4%s of Am 1972 4%s 1967 8412 1983 100% 4%s__1982 103% Southern Bell Tel 4s 102 Amer (Ohio) 1021/2 Underwood 103% 104 % U 102 % 102 Vi 1981 80% _1991 104 104% 1975 National Can 5s 90 94 1976 106 109 4%s__Il986 105 105% Ohio Power 4Vis Okla Gas & Elec 4Vis 1986 102 V2 103% 1987 101% 102 100.5 100.2 100.5 1-57 100.2 100.5 Bid 5s 103 Vi 5*25 Corp Industries 4 Vis Universal Match 5s Bid March 22. 1957. 99.610 99.623 99.914 99.919 March <28. 1957. 99.559 99.574 99;902 99.908 99.512 February 14. 1957 February 15, 1957 21, 1957— February 28, 1957-; 76 77 1971 117 119 1970 108 112 March •' 1976 90% 92 103% 104 March 7, March Western Maryland Ry 51is_1982 14. 21, 1957 99.375 99.392 •99,750 April 25, 1957— 99.307 99.320 99.694 May 2, 99.246 99.256 99.619 1957 April 18. 99.683 1957———. 99.807 99.742 1957_ 99.863 April 4. 1957 April 11. 1957 99.495 99.854 99.797 : 99.631 June 24. 98.787 98.810 1957 1957 FOOTNOTES FOR OVER-THE-COUNTER ISSUES Arizona Pub Serv 4.80"* pfd—50 Central Illinois Light— 4.64% Pacific Power 6.16^ Texas preferred & & 55 Vi 4.76% •No pfd_10O par value tEx-100% 102% stock b Bid dividend tEx-2-for-l split, a 100 Lt 54% 101 Light— pfd Pow 100 Ask 99.976 1971 S Dollar Valae Ask 99.974 81 Vi Mueller Brass 3%s England Telep 300.2 1-57 11- February 7. 1957-. Stocks- Michigan Bell Tele 4%s 3-57 10- 1-57 Dollar Value 86% 101 103 102 & Sons— 9- 2-57 2- United States Treasury Bills February Textron 102% Light— 3-56 1- 101% 1987 1977 43/is_1986 1987 (M) 100 12- 3.875% Ask Pacific Gas & Elec 4%s 1987 Lighting Power Bid Pac Pow & Lgt 5%s Pub Seiv Elec & Gas Standard Oil 4%s New 99.29 3.875% 100% 91 .1976 43.4s Lowenstein 103% 80% .1976 Idaho Power 4Vis Louisiana 103% -1975 Finance 4%s Long Island Ask .1975 Capital Ferro 6- Recent Security Issues Bonds— JBuTlington 3.55% 3.625% Fund 3.40% 3.20% Insur Net asset 106 % k Admitted to 101 102 % Stock listing Exchange yield price, Ex-rights, t New value. 105% d x on the New York stock, Ex-dividend, wi When issued > Ex-stock dividend. 99.435 99.454 Number 5609 Volume 185 ... (651). 47 The Commercial and Financial Chronicle •*> %; CLEARINGS THE COURSE OF BANK Bank clearings telegraphic advices from the chief cities Bethlehem Chester there is gain for the a 7.4 1,885,033 1,535,579 —10.3 1,621,677 1,857,704 1,631,856 1,511,485 24.6 + 3,890, 481 0.6 4,659,981 4,173.8Q2 1,246,000, ,000 3.2 1,133,000,000 1,040,000,000 3,139,119 3,751,105 3,684, 167 1.8 3,411,433 6,506,561 6,381, 745 2.0 5.936,527 6,084,217 "3,400,000 3,297 034 3.1 2,926,167 3,110,927 6,725,865 Scran ton 7,216, 171 6.8 6,694,378 7,597,247 16,906,883 14,086,818 14.276, 163 + 18.4 14,847,870 12,489,801 12,874 257 + 9.4 13,094,428 10,693,331 1,347,260,535 1,303,617,929 + 3.3 1,189,589,009 1,092,313.583- ; ; „ York Delaware—Wilmington New 1,567, 044 1,953,165 3,912,391 I Wilkes-Barre $20,932,906,903 for the same week in 1956. At this center week ending Friday of 10.7%. Our comparative summary for * 1,987, 346 2.443, 521 1,286,000,000 - Philadelphia Reading $22,549,077,556 against at , — 2,177.750 , Lancaster S '/o Dec. 1954 1955 Inc.or S 1.839.997 Pennsylvania—Altoona week ended Saturday, Feb. 2, clearings for all cities of the United States for which it is possible to obtain weekly clearings will be 7.7% above those of the corresponding week last year. Our preliminary totals stand 26 Jan. Ended 1956 $ indicate that for the of the country, Week 1957 Compared with a year ago. Pre¬ this week will show ah increase compiled by us based upon liminary figures fbird Federal Reserve District—Philadelphia— .. Jersey—Trenton — the week follows: Total cities) (11 CLEARINUS—RETURNS BY TELEGRAPH Week Ended Feb. 2- 10.7 1,064,206,298 + 6.0 1,214.000.000 1,206,000,000 + 0.7 672,099,710 637,066,603 + 5.5 368.349,477 375,762,212 351,400,000 360,200.000 Philadelphia Boston City Kansas Louis Ohio—Canton +10.3 502,155,681' 529,934.445 325,273,599 + 7.8 $16,118,751,416 + 8.2 4,221,259,575 4,011,795,405 +. 5.2 $21,664,825,641 $20,139,546,821 ,+ 7.6 — Total $17,443,566,066 days + 4.6 46, 061,300 8,920,790 + 66.9 10, 252,526 12,000,109 + 8.8 9, 960,777 8,773,831 453,800,374 + 6.8 376, 033,275 381,487,815 (7 cities) 1,380,651,988 + 6.2 1,174,734,175 1,173,076,494 + 3.2 + 3.8 17,012,000 15,347,000 + 1.5 178,465.582 163,273,976 'V 884,251,915 All cities, one day Virginia—Huntington Virginia—Norfolk - 302,360,082 $22,549,077,556 $20,932,906,903 in issue of; next week. our week covered by the foregoing will- appear - -+. Accordingly^ irTthe 109,090,825 111,218,118 719,666,887 + 38.6 7,129,762 341,437,060 Cities) (6 685,637,010 6,577,531 5,605,048 8.6 320,945,712 1.9 104,058,054 293,393,098 89,146,628 5.0 630,415,533 570,328,909 + — + 5 tlxHi Federal Bcssrvt District—Atlaeta— the week 'We cannot furnish them today, inasmuch as Georgia—Atlanta + 11.2. 103,195,273 100.536,594 380,500,000 + 2.6 338,800,000 307.600,000 6,157,933 + 23.6 + 7.0 6,178,983 4,119,781 — 0.6 194,489,192 2.6 154,103,771 175,843,093 184,109,086 + 20.3 9,067.413 490,181 7,610,258 •• i / 7.120,604 12,604,581 563,707 Alabama—Birmingham 194,579,394 15,161,499 .* 261,625,507 189,588,445 Florida—Jacksonville 6,653,468 260,152,522 Macon • .. 117,630,702 390,300,000 , -.Augusta f 27,619,215 27,706,946 + 10.0 130,822,988 Nashville time of going to press. * aboye the last day of the week in all cases has to be estimated. v - 27.633,021 30,404,898 '/Tennessee—Knoxville the Saturday figures are not available at .-ends Saturday, -and 9,879,285 370,846.003 3,563,159 7.7 - + • . 19.838,000 202,153.423 +10.2 : Complete and/exact details for the - 8,326,389 3,356,654 * Maryland—Baltimore District of Columbia—Washington • 3.860,647 3.984,482 20,586,490 205.279,732 Richmond • Total Total ell mtle«-for-vreek- v 1,466,382,610 ■South Carolina—Charleston five day«. 43,157,100 51,420,800 _ Fifth Federal Reserve District—Riobwend— ; ** Total -aU -cities, 271,637,373 451.275,189 + 11.7 350 568,909 Other cities, five v 470, 478,012 3.4 643,884.493 . cities, lire-days 253, 088,234 4.8 14,888,109 53,788,000 . ; "/West Ten 8,418,797 7.1 + 484,824,198 * Pennsylvania—Pittsburgh 466,852.540 Baltimore -- 8, 860,051 + 13,058,153 Columbus Mansfield Youngstown 2.4 — —14.3 559,454,936 • 621,811.000 Pittsburgh Cleveland ; . 11,194,878 283,860,101 586,317,643 ~ ; * 2.0 — 9.592,811 303,913,696 ___ Cincinnati Cleveland 515.079,922 Francisco San Fourth Federal Reserve District—Cleveland— + 1,127,774.599 Chicago St. ' $11,630,326,768 $10,509,571,126 York New % .'<? 1956 1957 526,664 — + , 4,615,174" 5,659,399 > • " detailed statement, however, which we present further below; ■ ; give final and complete results of the previous week—the week ended y Mobile ;' In the elaborate * we are able to Jan. 2G. For. that week there/was an increase • of 6.5%, the aggregate clearings for $23,212,656,091 against $21,787,415,279 in the 5.6%, the bank clearings at this center showing an increase of 7.5%. We group the cities according to the Federal Reserve Districts in which they are located and from this we note that in the New York Reserve District (including this city) the totals show an improvement • - of 7.3%, in the trict of Reserve District by , Michigan-«-Ann r :. - v Arbor— t; - ■ 12 2nd New York 10 11 Philadelphia 3rd 7 4th Cleveland 6 ftb Richmond 10 Atlanta Cth 17 7th Chicago Cth $ $ Boston 1*1 St. Louis 9th 836,901,158 7 Minneapolis «« « <• 12,299,648,493 + 13.8 .70.688,000 75,152,000 Terre Haute 9,560.853 8,438,038 3.064,264 3.221,120 2,879,192 2,789,104 138,280.637 6,518,025 125,337,352 + 10.3 118,847,334 5,814,285 + 12.1 4,686,024 101,090,939 4,487,268 ._ - Rapids Des Moines —_ City 43,114,444 ... Illinois—Bloomington 39,909,514 — 1,104.200.395 7,046,338 1,117,304,8^7 0,113,126 13,372,388 9,002.129 7.7 1.2 — ' Decatur + 15.3 • . 1,687,305 908,044,052 982,286,247 5,221,722 i ■ _ 5,341,079 12,054,388 " 8.0 + 11,724,737 7,911,890 7,242,237 5.5 + 17.7 6,530,515 5,550,474 + 1.475,663,106 cities) li,240,674 2,014,403 > , * 9.493.132 — 36,997,880 " 14,587,479 7.0 + 1,454,973 14,443,147 Chicago— 37,291,245 8.0 + 12,765,217 1.343,697 ' r , '. 4.9 — 13,654,991 — (17 67,100,000 8,437,421 - ' 7(749,219 68,416,000 - . 7.2 — | * 8,440,801 8,833,300 • - 6.3 + - 8,876,507 M M 8.7 761,293,032 731,728,874 + . 1,462,444,845 4,7^5,290; 4,622,558 0.9 1,305,287,945 1,206,463.G79 358,700.000 335.000,000 + 0 Dallas 12th San 7.3 11,231,650,508 10,149,819,322 3.3 1,189,589,009 1,092,313,583 + 6.2 1,174,734,175 1,173,076,494 719,666,887 635,637,010 + 5.0 630,415,533 1.261,991,965 1,227,015,571 + 2.8 1,028,692,123 1,305,287,945 1,206,463,679 680,567,961 + 6.2 651,086,009 608,878,949 562,466,029 506,185,084 + 11.1 472,013,328 457,504,889 636,975,771 586,375,628 + 8.6 592,737,942 581,943,280 North 526,158,365 + 6.7 478,143,144 427,329,320 Eouth Dakota—Aberdeen 1,039,175,966 934,907,634 Montana—Billings 1,462,444.845 1,475,663,106 722,609,663 M M 109 Total Outside New York City now add our 149,580,080 4.8 128,512,228 122,268,265 2,408,032 + 6.5 2,122,531 + 10.6 1,150,131,184 1,271,605,019 Total cities) (4 2,030,604 680,567,961 + 6.2 651,086,009 608,878,943 570,328,909 Ninth Federal Reserve District—MinneapolisZ— 21,787,415,279 + 6.5 20,554.818,714 10,754,199,257 + 5.6 9,729,836,350 9,094,809,732 2.5 7,156,944 6,503,808 + 10.9 318,315,207 313,622,135 121.804,620 + 13.8 118,651,305 112,175,723 6,465,308 8,119.946 + 5.8 7,278,483 3,863.278 + 5.7 3,917,279 5,406,227 5.340,388 + 1.2 4,824,058 3,963,305 13,357,995 12,245,288 + 9.1 11,870,052 11,257,911 562,466,029 506,185,084 +11.1 472,013,328 457,504,889 961,088 —26.7 _ Total cities). (7 .* Tenth Federal Reserve District—Kansas We week ended January for each city for the detailed statement showing the figures Week $ Ended 1P55 $ Dec. $ </o Portland 6,662,230 + 8.6 642,949,241 611,554.895 3.8 3,029.458 3,303,757 1,649,889 /. 3,413,022 3,161,603 + 8.0; 14,686.862 13,915,613 + 5.5 11,060,052 10,039,735 +10.2 . Lowell Row Bedford. Springfield — — ' Worcester _i - ____ -Mow Haven island—Providence. 35,292,062 24,222,537 30,167,000 33,354,400 - 3,297,357 Total __ \ 2,607.397 886,901,158 (12 cities). , 2,604,924 815,621,293 ——- — 10,710.040 8,914,552 + 18.2 33,636,995 35,874,934 + 2.9 18,290,971 16,032,266 + 10.6 Dallas - . 27,851,000 Forth (a) C Buffalo 38,424,212 .+. 0.1 2,101,819 8.7 761,293,032 —35.2 : - 28,477,371 5,307,700 + 4,849,041 132,887,527 7.8 126,873,700 (6 Total cities) Jersey—Newark 2.310,664 Total (10 oitlei). •+ 8.6 + 10.1 9,010,371 7,244.612 + 6.8 408,703,405 365,347,911 +- 9.3 34,566,964 6,247,741 15,031,663 11,441,815 — — 561,424,855 526,158,365 + 6.7 478.143,144 427,329,320 170.271,045 151,556,726 36,227,939 6.881.000 7,342,076 13.3 32,946,972 21.189,467 + 16.0 23,355,961 18,786,899 38,737,816 + 3.3 34,765.511 24,060,873 + 68,454,787 + 81,Ty7,905 -+ 3.6 207.151.196 181,987,393 4,431,481 6,470,000 6,583,000 2.5 169,100,202 99,016,617 88,117,304 22.367,717 l 6,268,935 * + 7.3 . '77,213,624 11,231,650,508 Grand 8.1 156.864.703 12.4 80.978,842 + 66,938,809 + 2.0 23,807,734 14,000,632 18,059,053 17,784,074 + 9.6 556,358,094 521,067,606 0.5 17,201,647 13,830,638 4,760,721 8,089,325 + 16.0 27.184,847 + 7,687,823 6,075,275 + 26.5 5,183,243 11,174,622 total 10,149,819,322 (at cities). (109 citlea) York City— Clearings 67,887,726 622,004,293 11,078,498 + 0.9 9,715.293 27,315,997 Outside New 133,395,328 . 18,147,566 25,935.268 Barbara (10 3,827,542 4,794,727 + 11.9 681,963,803 Btockton Total + 13.8 — 12,432,969 1,271,605,019 1,150,131,184 + 10.6 1,039,175,966 934.907,634 23,212,656,091 21,787,415,279 + 6.5 20,554,818,714 18.880,545,942 11,357,045,382 10,754,199,257 + 5.5 9,729,836,350 9,094,809,732 60,021,689 67,066,347 4.7 V 84,760,175' 11,463,008,421 + — 30,556,047" District—See Francises— 31,787,797 12,299,648,493 2,669, 305 581,943,280 2.5 Beacn Francisco Santa 71.700,966 - 592,737,942 0.8 Ban "Jose 9,785,736,210 7.5 "40,000,000 - 3,572, 975 (a)* + City Pasadena 2,273,860 27.6 + ' New Jersey Lake California—Long 10,824,982,364 + 24.585.676 northern 13,538, 188 4,672,822 586,375,628 189,141,072 Oregon—Portland San 2.838,824 37,975,483 14.043,621 5.1 < a > 4.071,055 Utah—Salt 2,729,008 .2,373,271 11,033,216.022 43.011,780 + 18.6 + — 16,415.467 — Louisiana—Shrevbport . 3.622,602 Rochester 8.6 359,437, ,281 0,505,528 Fa Us Wichita 25,724,632 + 10.0 - 19,607 ,935 379.199,037 731,728,874 11,855.610,709 •yracuse 5,789,080 9,099,253 29,065,894 449,786.355 • -Galveston 1,561,713. + <a> 137.231,686 12,225,542 7,415 886 5.4 + 11.2 '34.162,406 ■ 3,142.219 _ _L Oonaectlcu t—Stamford. Hew . 3,457.722 Jamestown 385,045.057 Yakima 147,989.440 Hhalrs. Mow York 8.5 + 10,464,664 Worth, Washington—Seattle-. 24,909.523 Blnghamton 166,784, ,564 + 9,963,616 23,692,936 480,585.588 39,610.920 7,050.000 7,159.372 16,554,311 — Twelfth Federal Reserve York—Albany. 147,111,646 139,878,769 ■ District—Dallas— Texas—Austin 8.088,942 Jeete* Federal Reserve t(strict—Be«r Yerfc— Hsw 7,454 ,081 636,975,771 cities) (9 Eleventh Federal Reserve 2,875,126 12,450,710 ' Hampshire—Manchester Total 1,119,355 1,408,842 7.5 : 41,713,905 24,929,978 Oonnscticut—Hartford-. 7,860,779 2,485,972 682,456,535 3.177.136 1.525,745 River 5,219,701 5,173,024 3.4 741,237,639 .'Massachusetts—Boston Fall + 6,445.963 Colorado—Colorado Springs Pueblo 848,421 1,1 418.244,212 14,502,818 5.492,886 (a) City Joseph St. 2,043,530 2,189,063 9.8 82.6 + 10,497,959 - Wichita Missouri—Kansas + 2,361,675 2,592.791 a $ 949, ,792 '.515, 273 + 26,353,714 Kansas—Topeka ,* i tee— First Federal Reserve District—Reetei— ■Cains—Bangor 1954 « 540,240 8.279,300 ! _ Omaha 26 Jen. Inc. or 1956 836,469 986,543 8.367,274 151,825,628 Hastings Lincoln 1957 3,516,699 City704,737 Nebraska—Fremont 26 for four years: Clearings — 4.081,861 — Helena 23,212.656,091 9,217,137 345,594,427 138,614.908 8,592,025 Paul 383,424,158 Z Minneapolis St. 8,988,855 —. Minnesota—Duluth—_„ 18,880,545,942 11,357,045,282 «« 161,751,250 + Dakota—Faigo 561,424,855 + 13.4 946,251,009 +' 0.9 + 172,392,463 138,967,456 722,609,663 + 366,800,000 195.571,214 147,574,570 2,563,879 Illinois—Quincy 1,303,617,929 1,380,651,988 «• « 2.8 376,900,000 ! Louis Kentucky—Louisville Tennessee—Memphis 1,466,382,610 <« 10 Francisco Eighth Federal Reserve District—St. Louis— Missouri—St, 1,347,260,535 H 9 11th .: 13,762,901 9,892,268 $ + 11,463,008,421 elttsa 4 10th Kansas City i 2,035,234 16,149,895 10,461,973 Wisconsin—Milwaukee Iowa—Cedar 1954 $ Ve Dec. , 815.621,293 * i~ 1,733,500 1.7 11,905.336 Bend Total 1955 Inc. or 1956 1957 Week Ended Jan. 26— , + 42.2 —10.3 _ ' SUMMARY OF BANK CLEARINGS «, . 2,148,605 +' Indianapolis Districts: • 10.476,197 Rockfoid by Federal Reserve In the following we furnish a summary i - 19,263,792 Springfield, » 946,251.009 9,397,783 Wayne South District of 0.9%. 182,379,217 1,028,692.123 3,055,429 19,586,466 Peoria San Francisco Reserve and in the 189,000,965 2.8 — Indiana—Fort , 5.1 "• -*».»• Grpnd Rapids Bioux + 219,104.301 . Mstriet—-Ghleace— Lansing the Philadelphia Reserve Dis¬ Reserve District the totals are larger by 6.2%, in the 5.0% and in the Atlanta Reserve District by 2.8%. 0.9%, the St. Louis Reserve District of 6.2% and the.Minneapolis Reserve District of 11.1%.*/ In the Kansas City Reserve District/there is an increase of 8.6%, in the Dallas Reserve District of 6.7% *-•*.>.,x t* '431,111 7.0 1,227,015,571 ,+ 1,261,991,965 Seventh Federal Reserve - . 8,997,738 •+ 230,267,044 Orleans-. ao cities)—— Total District has to its credit a gain of The Chicago Reserve 4 Louisiana—New Boston Reserve District of 8,7% and in 3.3%.^ In the Cleveland Richmond Mississippi—Vicksburg . this city there was a gain, of week in 1956.; Outside of same - * V . /-.the whole country having .amounted to - i operations discontinued. •Estimated. ^ 48 (652) The Commercial and Financial Chronicle Foreign Exchange Rates Pursuant the to DIVIDENDS Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just passed. FOREION EXCHANGE requirement of RATES CERTIFIED BY JANUARY Country and Monetary Unit FEDERAL 25, Noon 1957 Buying RESERVE TO Rate for Japan, 1.042343 .209666 .. .209666 .00435401° ' .00435401°" V .00285468 - .00285500 .00285500 .238050° .238050° .238000* .209580 .209560 .206550* 2.797500 2.798125 .00277912* .0800560 .0800560 .261040 guilder .261060 2.770420 2.770111 •V .140080° . .0800560 v .140080° .209530 2.797500 --■/"• ' •* , .233260 Africa; pound .233275 .' -2.787255.:/ . Kingdom, pound sterling. / - 2.797500 - 2.787671 Columbia Ribtares $4.25 .496766° Combined ,0349000 Commodore .0349000 .233275 2.787359 Federal Reserve Ranks Combined (In 2.797500 the Increase ( + ) or Decrease (--) Since Jan. 30, Jan. 23, 1957 1957 account Total F. R. gold F. R. certificate notes of Other 20,689,393 other notes reserves + 554.216 Acceptances—bought 533,041 + 3,481 13,026 +' + + 28.898 + 319,939 255,848 — ' 825 + 29,848 outright.. and + 40 + 151 19 • , Quarterly Quarterly Quarterly Quarterly + 539,535 _ 142,940 + 9,153,913 Total bought Held under , million. Total U. S. banks 40,965 Govt, securities and securities Due lor.ns 23,427,897 from foreign Uncollected Bank * — Other 24,136,424 banks.., cash ' items 142,940 * 74,305 assets Total + "177,058 — 99 303,615 + 11,457 51,943,781 assets. — 284,822 + * 34L51T + Other < + .102,513 "+ 119,579 12,291 + • *• 915,712 to estate Other U. LIABILITIES— Reserve Deposits: U. S, 103,227 + 515,810 • S. loans., S. 18,889,375 L__ - + 354,888 347,900 ,___ 183,041 613,693 + 30,168 260,681 Treasurer—general acct. Foreign ~—_ Other — + 1,753 « 5,699 — 215,853 + 12,037 — 920 to 1,659 Cash in deposits Total 20,111,649 3,897,391 104,478 8,458 + + 206,216 290 + 3,016 "» + 109,289 + 829,520 » Foreign ACCOUNTS— paid in 327,611 Surplus (Section 7) (Section 13b) capital bilities ances 53,981 note 51,943,781 on for From From . 433 391 i + + 9,790 + 119,579 + 10,059 serves; .6% foreign 2,322 + 2,019 — 40 + preferred Condition Statement of Member Banks The condition banks shows ended of the the following Jan. 23: justed, $391 million in statement of weekly reporting member Federal Reserve System in leading cities principal Decreases of changes for $400 million in the week loans ad¬ and including those after shown holdings of Treasury bills, $131 domestic banks, $227 million adjusted, and $792 million in demand Commercial and industrial loans decreased in all dis¬ total of $243 million at all reporting member banks; the principal decreases were $58 million in New City, $35 million in the San Francisco 52 - current volume ; + million in the 227 were Pinellas Co., Industries, Savannah First 41/a% 269 83 — 48 deduction of 324 "'+ 18 + 115 +. 471" — _ 215 + Electric & 8% re¬ District, $23 million in the Cleveland District, and $20 million in Chicago. Changes according to industry appear in another press release Loons to brokers and dealers for purchasing or carrying United States Government and other securities decreased $86 million. "Other" loans decreased $37 million. Holdings of Treasury bills decreased $317 million New York City. Holdings of Treasury certificates in of notes, redemption, provisions. Power f. s. debentures Page Mar. 1 Cyanamid 5% Mallory Newport convertible Refineries, (P. R.) cum. pfd. stock, C 1 1. H-15; 11- I 2-15 1-31 2-15 1-31 3-15 3- 2-20 2- .7 ; 93 3A ' . c 40c . 28VsC ' v. 3- :50c 1 - $2 3-15. 3-1 2-18 4- SI.75 1 7- 3-15 2 6-14 $1.75 9-27 9-13 10c ... 3-15 3- 1 1 (quar.)___ : 10c 6-15 preferred- (quar.K._ 87 Vtc 8-31 2- 1 3-20- .. 6- 9-15 2-15 IfrC 3ta% 1-15 2-11 1 3-30- 28c v: 2-15 3- ■ .* 1 2-15 $1.05 • (quar.) .- Stores Power 3.75% a (quar.).'.; (quar.) (quar.) & Light," 40c 4 3- 5 preferred A 12*2C 2-15 1-25 60c 3- 1 2- 93 ^4 c 3- 1 2- 933+c 3- 1 2- Delaware Valley Finance Class Delta A 8 97 V2C 3- 1 2- 8 •2- 1 . (quar.)__ 50c : Corp.— Lines Dennison 4 (quar. )^_- Mfg., common tquar.) common debenture stock (quar.)......!. Gas & Oil (W. (stock B dep. Divco-Wayne Diversified ; Corp. from Page • 4 Common $1.56 3-29 3-21 3-12 2-26 3-20 3-20 dividend)—_____ (quar,) __,__4 1% 3-26 3- 25c 3-11 3- 1 4c 2-15 2- 1 30c 2-j 1 1-31 25c 2-15 1-18 2-15 6% . —1_"__ ord. (Interim) reg 3- income— 1-18 12-26 2-11 2- 4 10c 2-25 2- 1 3- 1 2-15 3- 1 2-15 ' Corp.— (increased quar.) (initial Products, 8 - 40c 35c quar.)__- common (stock 39c div.) Oil Fields (monthly) Bridge Co., Ltd. (quar.) 10 % 25c 2-15 2- 1 4- 1 3-20 6- 1 3- 2-23 1 2 15 tl5c 1-31 2- 1-24 6 50c Industries Bradstreet Supply 3- 1 1-30 1-30 2-15 5 )c 2- 4- 3-21 45c 3-15 3- 35c 3-11 2-20 114c (quar.) 2-15 50c (increased) Metals 2-20 115c (quar.) Ltd., class A preferred (qunr.) 2-20 50c : : Ducommun 1-31 2-22 J15c (quar.) tquar.) 2-22 130c Industries, Ltd : Corp., com. (increased quar.) pref. (quar.) & 4 Inc.— _4_ Dominion Textile Ltd. 4.80% ' 15c Fund. investment tquar.) preferred Dresser 4 25c (quar.) net Dodge Manufacturing J2839 .Mar. 29 2- 10c Dravo * 4 25c :___ receipts for Houser Dover . 4 3- 8 Ltd.— Investment Quarterly 2- 25C Cement Products (quar.) Co., 4 $1.50 S.) Amer. 2- 3- ' Bridge (quar.) Steel Corp., common (quar.) preferred (quar.)_z( : Portland 2-15 2- 4 "$2 International Aluminum 5 4 3- 40c . 33- 40c (quar.)_. V2C 20c .4 A 2-15,. 8 ...... (quar:) Air 8% ne 8 ■ 3.75% .'preferred B (quar.) 3.90% preferred C (quar.) Glass 2-15 30c (quar.) (quar.) Deerfield 3-1 „ ; common Dupuis Freres, series 1 58- 2-15 1-31 2-15 1-31 t30c (quar.) 25c 2- 1 4 5 1 1-21 Corp.— cumulative Leonard Co., 2- 5-16 8-15 ,tl7VaC T- Inc. Dun American (quar.) Lighting 12785 CALLED Date 2-15/ S4' $1.75 Apartments Douglas Aircraft 1 Company and Issue— Fedders-Quigan • Co.— Inc., 4% ISSUES Ltd. Dominguez 1 15 1975..Mar. series, due March 1, ENTIRE ; tlOc Drug Doeskin Co.— mortgage bonds, 3% 3- 3-22 S4 (quar.)_^ Extra Feb. 4 8 3-22 S4 Extra 1967.Mar. 2- 1 $4 Mills Press, Dibbs REDEMPTIONS series due 3- 4-15 ; preferred Dobbs stock 2-l» 30c > last date for mak¬ or 1-23 3.-11 S1.31.V4. (quar.)__________^ , preferred, (quar.) Diamond given in the "Chronicle." conv. (quar.) (quar.) Class Date Inc., common preferred Distillers for 1-15 2-18 25c Clay Mfg. (quar.)__.__ Di Giorgio Fruit, class A (quar.) I fund 6 25c Sexton Detroit called 1 2- 1 2-15 10»% - i Voting valuation corporate bonds, 3-15 3- 3- 10c ____^ (quar.)__. Imperial Dayton 869 — 792 1 * (quar.)__ (quar.)__. Realty 4- 2-25- 3-30 31 V4C 33a% preferred (quar.); Package Mfg. Co. (special)^- Cuneo "439 "+ 19 — v sinking debs., 4'/a% cap. preferred 9334C $1.12 Va Refrigeration preferred Dominion PARTIAL Milk 1 3-15 1 68 — 33 — Company and Issue— District Boston (quar.) 45c conv. Cunningham 8 + (except where otherwise indicated) in which the details Pacific Finance Corp,, (quar.) 2nd pfd. (quar. Copper & Steel Industries— preferred (quar. 7% 165 '+ - 3131 ing tenders, and the page number gives the location in the York $27 common Quarterly gross. The date indicates the redemption Pet a stock under million in deposits credited to domestic banks. tricts and called ... Quarterly — 262 list of common balances with in demand deposits Can;, preferred 777 Notices a 60c 1 2 48 -f • Redemption Galls and Sinking Fund Below will be found .- quar.) 1 Detroit 166 1 1-31? 3- — +'" 830 28,576 — 2- 2-12 2-28 1 Dickey 61,429 1 2-27 : 4- 27 • correspondents Industrial loan commitments. 3- -, 25c f 37 Vac r $1.-13 28 915,712 + 3-22 (quar.)___. Devonian .5% 5 preferred 6% + 4- 1-18 139 — lia¬ accept¬ 1 2-15 tl3c . (quar.)- (quar.) Crystal Oil & Land Corp., $1.12 pfd. Cuban-American Sugar— —1.815 — 1,583 are 8 1" 3- —1,747 + 803 Banks!.. items A 2- 3- 3- 3- Cumberland ■+•• 10,537 loan class 3-15 3-14 1 7% 25 — 22,362 ______— individual - - 1 + 13,639 ; and 60c 20c (quar.) 10c ?5c Corp. 4- — 2,490 banks (quar.)-..-* 3-20 2-20 49 7,398 58,296 to Y. I 1.. 4- 7% deposits: loans N. 12- 4- • 6-' 1 $1.04 556 +i 28 ; — — others of of 1 12-15 10c (quar.).'... (increased Daystrom, Reserve Co. 9- 750c convertible preferred (quar..)__ Cork & Seal Co.. Ltd. (quar.) Zellerbach Corp., $4.20 pfd. (quar.) Crum & Forster, 8% preferred (quar.). —3,145 — :. Banks adjusted banks. Federal + Exclusive 46.1% liability purchased 22,152 + 152,122 combined ■Contingent + 27,543 Total liab. & capital accounts Ratio of gold certificate reserves R. 500 747,593 ... accounts deposit and F. + & Inc., •Announcement 6% Co.,: Inc., Industries, Worthington Corp.; Inc., cum. in preferred cuinul. 4'/ar 4'A "r stock, conv. prior pfd. stk., this issue, series 28 20 pfd. stock.: pfd. 4 "2% Easen A__Feb. stock..Feb. preferred cumul. stock cv. 341 • * Feb-. 28 * Feb. 9 • Oil Volume East St. (quar.)., I2V2C 4-15 4- 5 ! Loufs 12'2C 7-15 7- 3 : 12 V2C 10-15 10- 4 & Interurban Water Co.— 6% series.Mar. 15 184. Co, Quarterly Quarterly * preferred tquar.) S1.50 3- 1 7% preferred (quar.) $1.75 3- 1 2-11 7l/sC 4- 1 3-15 25c 4- 1 3-15 Eastern $1 2-11 Racing Assn.— Common lln 1 9-15 ' Crown + ,-703 — 1.003 banks 3- -O-l 5 X5 Oc - 4y-t'-fft 647 24 37 — banks demand 3-15 f50c* _•- Creamery 116 — + •• 681 5,113 Time deposits except U. S. Government U. S. Government deposits... Domestic 1 2-^8 ..1-28 $1.12*4 Extra 108 1,321 deposits 1 2- (Toronto)— iquar.)_j;_. Electrodynamics Bay-Brite Demand Interbank 50,688,912 Surplus to + 1-31 2- 2-15 (quar.) +4,224 r Borrowings: Capital Other 203,768 + 15,740 • liabilities CAPITAL + ' 2-15 preferred Crane Co., LIABILITIES— Total I Deferred availability cash items Other liabilities and accrued divs. 8 (quar,) +4.296 870 26,330 .... domestic 2- 2-15 f20c ^ 1 2-11 2-27 20c < si.; . •.. I 3' $1.37»2 Crown - vault with 25c preferred Cosmos +. >374 — 1,907 ; * — — banks Balances Edison Quarterly Quarterly Quarterly " ■ 7 —- i. Reserve 2- (quar.)j;; preferred Laundries Cosmopolitan 93,633 — 40c Ltd. $5.25 —.86 — 10,866 securities—total Federal ' . 243 » 3' — 18,629 with 1-13 2-15 2-15 . ^50C Range Co. Cornell-Dubilier Electric, \ bonds Reserves 449 8.807 Other securities....... 2-15 .- Cribben of indebtedness 3-11 (quar.)'. i-__._4___.____. Co.— Copeland for _■ certificates 60c .. .* ^ Association Glass. 5% Jan. 25, 400 : Government Life 3-15 4-15 20c Industries Continental Oil (stock div.) dollars) — carry--. loans Loans reserves $48 1956 — 1,183 Treasury bills..- U. 26,664,123 or 2-15 1 (quar. Ltd. Power 4.50% mem¬ 1957 — securities- purchasing Treasury notes notes.. Member bank for 1 1 $4.52 Decrease (—> Since 29,900 <•' dealers and A Continental Jan. 16, 85,583 loans.__ securities. Real Treasury Federal adjusted). carrying or 3* 3-14 4- ... Common deposits decreased 51,855 brokers loans ing - 379,022 — others - adjusted).. purchasing Co. Copper and industrial Agricultural loans.. i__ 1-23 3-30 , $4.16 increased (In millions of investments 1-14 * 2-15 . 25c J Continental 1957 40,965 — 22 4,828,511 premises... Time Banks Jan. 23, and 2-11- • 5- ... Paper follows: Commercial 5'e' 87 J/ac 8 2-25 ,"1-31 $1.06'A — common Consumers City and of assets and liabilities of reporting Loans a" '.lie (quar. Consumers Increase ( + ) or Loans Total Reserve 5,012,000 142,940 — York District. ASSETS— 23,427,837 New • -.j<» 5 2- 3 2-15 -r, V75c r - Rock Products ConsolidatecF- Theatres,. Ltd.,. 50c Consolidated Water, Power & Loans to banks increased $28 million. A summary 2-8 3- +20C . Continental Federal 1 3-" 1 42'/a C > Consolidated million. from Loans outright... ' in Cleveland —5,012,000 repurchase agree't , $33 Borrowings 2,801,750 ___ the 40,965 — 10,932,699 ... Notes in Gas, : Consolidated in 3- $4.50 million $83 million and borrowings from 11,840 Bought outright— Bonds million ber Certificates million $122 1-18 1 3- 87> . A — Consolidated the increased Government securities: Bills decreased 2-15 4- . 50c - (quar.)_ . (quar.) Corp.— National Consolidated York in they increased $79 $64 169,254 + 677,854 adjusted 1 1TC Paper Co:, class Hotel, Inc. (quar. Connohio,-lnc^, District outside of New York City, $73 Chicago District, $67 million in the San Francisco District, and $40 million in the Boston District; million 545,067 10,080 23,746 + New deposits 2-14 2-11 40c $1,12 (quar.) preferred $3.75 296,519 — 485,149 Discounts and advances Industrial loans____ U. S. — 21,561,539 banks. cash 1956 300,000 + 372.146 Feb. 1, s decreased 2-21 3- • „• Locks Natural 5'/a% Conduits " $25 million, Treasury notes $28 million, and United States Government bonds $49 million. Holdings of "other" securities decreased $27 million. Demand thousands of dollars) ASSETS— indebtedness r_ - „ Commonwealth-Telephone 2.787048 2.7j7500 ' < Concord .233250 - 2.787048 2.797812 - .193330* - 1-10 4 ! . (monthly) System preferred Confederation Statement of Condition of the Twelve Redemption fund for CarbonGas .140080° .193330° , 2- 11c .4.(6766* •'/; ? Co.— „ .140080° .233262 "" 2.798125 Power Columbia * certificate Central 2-15 $1.25 — Pittsburgh RR. ' .0849000 .193330* 9 3-11- 10tf " — Metal Columbian 2.769801 .0349000 .193330° .08005(30 9 2- )— y..;/- *;■ (quar.) Monthly .261116 - (extra) Monthly .00277912° .0800560 .496766° .193330° * Y.) Products (stock dividend). Colgate-Palmolive Co., common (quar.)— 3%%. preferred -(quar.) •Nominal. Gold (quar.)_ preferred Colorado 2.769801 .140080° .496766° , Cold ' .261116 .0349000- .496766° »' ,. ; .00277912° • .261116 2.770007 . (N. Cochrane-Dunlop Hardware, Ltd., class .238020° 2.797500 .00277912° ' Co. " 2.797812 .00277912° - - .00285500 • 1 2- I* 20c'' 4% special guaranteed )quar.)i ! .7% :regular guaranteed tquar.) ___■ Clorex Chemical (quar.),..—___—..y..—.j .209650 1 3- 60c ... Cleveland & .00435401° " 3- $1 > ^ (quar.) I_.-_.__ Electric Illuminating Co.— Common $4.50 1-15 40c - preferred Cleveland ' * 1.043437 .00435401* 2-15/ of Ree. "" .0199062 .209650 .238050° . "5% ,325383 1.043020,-i*; 30c Holder» - - - - .0385356° . Payable changed to Chnmplin Refining)— City Investing Co... City Title Insurance .0264301° .325350 When Share • City Water Go. of Chattanooga (Tenn. 2.229083 .0199087 (Name ' .0385356°- , Company '■ Corh. . .0555555° 2.223083 - .325400 - Name of Cincinnati jGas ic Electric, common (quar.) Cincinnati Milling Machine, com, (quar.)__ 4 % preferred i quar. t Cities Service Co.? (quar,)—- Money) $ .0264301* " 1.042187 - .00285468 «... Union of South .0264634° ' - Chicago Thursday , .0555555° • • .03S5356* * fer 1 1930 Jan. 31 .209570 - New Zealand, pound Norway, krone Philippine Islands, peso Portugal, escudo 8weden, krona 6. Switzerland, franc States S .019908T .325368 . .00435401* ± Yen United United In Jan. 30 2.229332. .0199125 .209650 (Metropolitan)? franc_____ (Value " 1.042343 . . ; Germany, Deutacha mark India, rupee Ireland, pound Mexico, peso Netherlands, .0264301* .0385356* OF ACT Wednesday .0555555* 2.229581 .325383 - , York New $ .0199125 Malayan dollar. In Jan.29 . TARIFF Oil & Tuesday .0385356* Canada, dollar Ceylon, rupee_ Finland, markka France Transfers .0555555* 2.229249 , UNDER (Continued from page 14) INCLUSIVE S .0265226° pound Austria, schilling Belgium, franc 1957, TREASURY Jan. 28 , .0555555° British Malaysia, Cable $ Official 31, TO Monday Jan. 25 Argentina, peso- BANK JANUARY Friday Australia, Monday, February 4, 1957 ... (both preferred no par (quar.) & $2 par) (quar.) - Volume 185 Number-5609 .. The Commercial and Financial Chronicle. . Per States Corp. (Md.)— $7 preferred A preferred B j accum.)__ Paso Natural 4A% Gas of Rec. pfd. 1 4- 5 5- 1 4- 5 3- 1 2-15 Hackcnsack Hamilton $1.02 Vi (quar.) Quarterly - preferred (quar.)_~ $1.06'A 3- 1 2-15 preferred 5%% (quar.) $1.37% 3- 1 2-15 5% $1.34 3- 1 2-15 5 % $1.41 A 3- 1 2-15 $1.10 3- 1 2-15 Class $1.37% 3- 1 2-15 5% 5.36% __'_1 preferred $4.40 (quar.) preferred 5.65% (quar.). second 5.50%. preferred preferred Electric Hose Rubber & L (quar,)__ tquar.) ; ... Elgin National Emhart Watch Co. Manufacturing •s-4% iquaT.) preierred Empire Life Empire Trust Insurance (N. Co. 2-15 2- 8 Harsco 2-25 2- 4 Equitable Credit 4.50% (Out.) preferred (annual) pfd. 2-15 Hercules Cement 3- 1 2-15 Hercules Powder 2-22 2- Hersney Chocolate 2- 8 1-18 4% % preferred A Heyden Chemical Corp. 4 % 30c 6 3- 9 2-20 3- 1 2-15 40c 3- 1 2- 8 Common $1.12 % 3- 1 2- 8 3%% 50c 3- 1 2- 8 $4.37!/a ._ 12%c, (quar.) (quar.) (quar.) Equity Corp., $2 pfd. Ilaughton Elevator 1 S75c dividend) (stock common 1-15 3- ; u _ (quar.) Stock uncx-eased k Railroad $5 ttsburgh S5 pfd. Erlanger Mills, 4%% Evans Products 1-18 Bros. Extra Quarterly Farrington Mfg. Fedders-Qulgan 5% V prefarred 5'/2 % pfd. Federal A Asphalt Federal Co. Federal Paper \ 1500 Walnut Street, $3 -Firestone Tire 4'/a% First Corp. Co. 3- 4 2-13 Ciass 2-18 2- 7 ,i Stock dividend - ■ New Fltzslmmons Class B -4.40% Corp., preferred 4% - B Freeport 1 2-11 3- 1 the Co. (quar.).. iquar.) Mining Bay 3- 1 2-15 17c 4-16 - • 3-15:, 2-27 4 1- 2- 4 3- 1 2nd pfd. Wood preferred B A (Tom) 3- Gas i; $1 2-15 2-, 2- Corp. : General Dynamics, Finance common General Gas Stock 3-15 .3- 1 5V2c +$1.25 3-15 2- 8 International Power, 3-15 2- 8 International Products—- 2-15 2- 1 2-15 2- 1 2-15 2- I 2-15 2- 1 3-29 3- 3- 1 International Haiwester, International 3-15 2-21 56 Ac 2-15 2- 5% from Utilities International 1 investment lated income 2- 6 3- 5 $1.76 preferred 4%% preferred 3-15 Metals 2-15 1 2-11 1-18 3-15 3- 1 (s-a) Increased quarterly 1-11 2-15 1-31 General Public General Eteol General Utilities Wares 47 (quar.) Co., Ltd., %C preferred 56c 3- Giant Ycllowknife Gillette Co. Gold 2-15 6% first preferred Goodall Rubber Goodyear Tire Gossard (H. Government Stock Co. Lakes (N. Y.) 1 2-21 4- 1 3-11 4r 1 3-11 2-15 2- 3-15 2-15 3- 2- Pacific Co. Tea of B Ry. Coal A (A. Green Bay Income 2-25 1-25 2-21 2- Works 2-16 1-23 2-16 1-23 3-11 2-11 & J12 %c Brick Fire 2-11 2-15 3-18 tl2%c (stock 12- 4 2-21 2-15 1-31 1-31 2-15 2- 1 5% 2-15 2- 1 25c (stock tlivd.) 2-15 5% dividend) „ com ... 7 2-22 2- $5 2- 6 1-18 $50 (quar.) RR.. A 2- 6 1-18 ' Income debentures Gregory Industries Griesedieck Gross Co. Telecasting, Class B Trust Consumer Co. Guardian Mutual 6% Gulf net preferred Mobile & (N. 6 1-18 2-25 2- 4- 1 3-15 40c (quar.) Y.) (stock divid.). Corp. (quar.) Finance Fund Gas, 2-11 1-28 8 1st preferred 1 (quar.) Jervis Corp. Aluminum pfd. Tquar.)__ 3- 1 2-14 Kaltman Kansas 2-15 2- 3.80% 4%> preferred 1 +»; 1 4.20% 4.35% preferred preferred 3-15 4%% preferred (quar.) — Kellogg Company, common 3V2% preferred (quar.) Kelsey-Hayes iquar.) Co. Kennametal, Inc. Stone 4%% Kerr (quar.) Co. Utilities, Kentucky (quar.) 3- 2- 1 (quar.) common —. (quar.)_— (quar.)—, Fund (monthly) Income Monthly. 4.80% 1st 2-15 2-21 pi'eferred 2-21 investment net Steel Kevstone Klein 2- 1 $1.18% 3- 1 $1 3- 1 (Annual) Knox 60c Co., com. preferred (quar.i Koehring Company, new com. Kresge (S. Company S.) : (initial quar.) (quar.) Kroger Co., common (quar.)— 6% preferred (quar.)_ 7% preferred (quar.) Kromex Kisox —.— (quar.)____ Edison Co., 3.80% Heater Co. (quar.) — Apparel, Inc. (quar.) Lake 7% of the Woods preferred pfd. Milling Co., (quar.) Gulf Oil Corp. Power Co., (quar.i 1 2-15 $1.25 6-10 5-20 Lakeside Laboratories 3-11 2- 3 Lanston Industries 4- 3-15 Stock (increased) 4.64% preferred (quar.) $1.16 1 dividend (quar.) 6-14 9-30 12- 2-15 2- 5 1 3- 4 4- 9-13 6 ' 96 Ac (quar.) 4- 1 3- 4 (quar.) 97 %c 4- 1 3- 4 (quar.) $1.08% 4- 1 3- 4 preferred (quar.) (quar.) 4 Water 5% 2-28 2-14 3- 1 2-15 3- 1 2-15 2-15 1-10 3- 1 2-14 3- 1 2-14 3- 1 2-14 2-14 3- 1 2-14 3- 4 2-15 1-31 1 2- 1 3- 1 2- 1 35c 2- 8 1-25 $1.25 3- 1 2-20 $1.27% 3- 1 $1.37% 3- 1 2-20 $1.37% .... 2-15 2-1 Public (quar.) (quar.) Cement 4- 1 3-15 $1.15 4- 1 3-15 ' 2- 7 1-25 18c 3-12 2-27 3-12 2-27 2-19 (quar.) .005% —L preferred Chemical Oil 2-15 $1.10 (quar.) common dividend Stock 4.30% Monsanto 37 %c — 50c preferred Service, 2-20 ' — 4.40% Portland 1-25 2-15 — _ Missouri 2-15 10c (increased) common preferred 2-18 3- preferred $4.60 2-15 8c ... :— — Minneapolis Gas, 3- 1 5c (monthly) (annual) Mining Corp. ____f 1 3- 3-14 25c (quar.) —______ Laboratories 4- 75c 20c $1.11% Products Food 3- $1.07% (quar.i (quar.) 1 2- 1 25c 2-25 20c 3-15 3- 1 75c 2-15 2- 1 $1.25 3- 1 2-15 U5c (quar.)_ 3-15 '* Moody's Investors Service— Moore-Handley (quar.) preference participating $3 Co. Hardware (quar.) 5% preferred 60c convertible 4- 1 3-15 Mosinee 4- 1 3-15 Motor 2-20 2- 5 Munsingwear, 4-15 4- 8 5',4% 3-15 2-25 Mutual 3- Paper Wheel Corp. (quar.)_ Inc., common preferred (quar.) Investment net 2- 4 realized 3- Fund, — ($0,049 and 2- 8 1 2- 4 2- 1 3- 9 2-15 3-15 2-13 3-15 2-13 2-15 2- 1 3- 2- 6 26 Ac , . from $0,041 Inc. income investment 2-15 2-15 (quar.)___ 1 3- 2-15 30c • 3- 40c t 30c 40c preferred (quar.) Co. (quar.) Mills Co Morrison-Knudsen lrom 4 1 3- 1 2-12 4- 1 securities 9c profits) Nashville, Chattanooga & St. Louis Ry.—• 3-12 $1 2-15 1-31 3-11 2-11 2- 1-28 8 2-20 2-15 2-11 1-29 4 2-15 1- 2-25 2-15 2-28 2-15 3-12 2-15 3- 1 1-30 4- 1 3-15 5- 1 4-15 2-15 1-31 10c 2-20 2- 2-11 Casket Co. Distillers (quar.) Products Quarterly National Screw Mfg. & Neptune $2.40 1-25 New 2-15 1-31 J$1.75 3- 1 2- 20c 4- 1 3-20 15c 2-11 1-30 5% 2-11 1-30 Common Ltd.— 334% 1 4'/2 % $4.50 Newport 33A% 2- 1 2-18 $1.75 3-15 2-15 3-11 2-15 4- 3-18 1 8 (quar.) 1-31 2-15 2-15 1-31 3- 7 2-26 2-15 State & Louis RR. 1 2-15 2- 1 3- 1 2-15 4- 1 2-21 2-15 35c (quar.) (quar.)— St. 2- 60c 40c 50C Brake Co. Chicago York, 1 3- 50c Air V 2-15 3- $1.06 A 14c Co. Meter Co., common preferred (quar.) York 3-15 tl5c $1.12% 14c series Paper Quarterly New 2 30c —.—,— stock 1 York 2-11 62 %c (quar.) series Nekoosa-Edwards New 3- Series— National Securities Preferred 1-21 50c preferred (quar.)__— Drug & Chemical Co. of Canada National Gypsmn Co., $4.50 pfd. (ouar.)_ National Lead Co., 7% class A pfd. (quar.) National Malleable & Steel Castings Co.— 4V*% National Stock 2-15 Corp.— (quar.) Common 1 25c 25c National . Co.— Electric & Gas— (quar.) preferred preferred (1949 series) preferred (quar.) Electric, common preferred (quar.) 1-18 93 %C (quar.). (quar.) • Gulf 6-28 12-20 95c (qua'r.) 1-21 $1.25 6-14 12 %c 2-15 \(Brooklyn, N. Y.)—■ 4 3-15 7-15 30c _ — Mississippi Power, . 3- 3-29 30c i.rf i r__ _'a % 2-25 10c Corp. 3-25 30c preferred Miles , " 8 30c _ 3-15 $1 1V2% 5% 15c 25c 40c 56c $1.50 $1.75 div.)_— 2- 25c 1 America— (stock 2-22 4% (increased quar.). 1 24c dividend) (stock 2-15 2-15 ' 15c 4- 25c :—; Glass Knudsetx Creainery (quar.) A 3- (from — 1-31 2-15 Corp.— 2-28 50c iquar.) Co. of Insurance Life Lafayette National Bank 3- 1 National (quar.) L'Aiglon 7 3- 3-15 1-28 2-28 1 $1.06A 37 %c 2-20 30c income)- Wire & Department Stores <S.i 1-23 2- 2- 3-15 30c (quar.)_,_ 2-28 2-21 1 1 Midwest Piping Co 1-25 —f (quar.)__ Funds— Keystone Income Fund series "K-l" 3-10 3-18 3- 3- preferred Mineral 1-25 Custodian Keystone 2-11 10c 1 3-14 40c 1 6c ——T-r— 2-21 12 %c 2- 65c (quar.)—i.^-. (quar.) $5.10 preferred (quar.)— 5'/2% preferred (quar.)___—_—_____ Minneapolis-Moline Co.— $5.50 1st preferred (quar.) $1.50 2nd preferred (quar.) $1.183A — 1 preferred 3-15 preferred 3-15 3- (quar. Mickelberrv's 2-15 25c 32c 2-14 3-29 t50c (quar.)____ Ltd. Corp. Middlesex 1 2-15 1 12-28 2-28 4.35% ,1-31 1 3- 12-29 2-28 3.90% 6 1 S5c $1 $1.05 $1.083A $1.12% 25c 87V2c 60c 25c 2-28 4.45% 2- 1 4- . 2-21 62 %c — (quar.) Messenger 2-28 t 8 50c ;; ... Monterey (quar.) 12-31 3- common Quarterly Quarterly Qua rter ljr% _______ 2-15 3- 5% (quar.)— 2-18 *40c (quar.) dividend Stock 2- 5 3- 3- •22,/2c (quar.) preferred 2-15 . (Increased) Merritt-Chapman & Scott 5 fr. Light-- & Power Oil preferred Mengel Co. 3- 59%c $1.03Ve i dividend).. (stock Co. <sz City 2-20 2-25 during SI.25 — 6-14 2-25 3-11 re¬ preferred B (quar.) Menasco Mfg. (s-a) 1-25 32c (quar.) 6-30 3-11 14c gains 4 %• 7 2- 1 (special from capital $1.25 15c com. 3-15 20c — Meadville 1-24 2-21 $1.20 (quar.)—— (quar.) 3-30 35c (quar.) commoix Melville Shoe Corp.— Chemical, & preferred preferred 3- 25c long-term Missouri 4%% 3-15 3-15 30c — 1.—... preferred (quar.)__ ! Telephone (quar.)___ * 5 35%c (quar.)— 1%c 30c S5 2- 1 T 2-15 Bobbins & Corp., 4W% 2- .1 1 3c —5% (quar.) 62 %e RR., 1 2-14 Semi-annually income common McKesson Mead 3- (quar.)—--— A 5 3-29 +25C (quar.). 3-11 20% Inc.— (quar.i Ohio preferred 5% 2-19 3- J25C (quar.) preferred (quar.) Mclntyre Porcupine Mines 1 }7c (quar.)..,———— 2-25 5 * (quar.) $2.50 1 6- 3- 15c 7 %c investment Interstate 2- 10c 15c 2 Guardian From $15 2 , common Guaranty Gulf B_. (quar.) (quar.i Common Knights (quar.) Western 3-11 15c 75c (quar.) 2- 7- 3- — Keyes Fibxe Co., common Ltd.— Co., Financial P.) 4 30c (quar.). (quar.)_. debentures 7 $4 Western Financial Corp., Green 2- 2-21 1 $1.75 (quar.) West 2-27 3- Anxer.— - Engineering West class 4 5c 50c Lakes Class 1 1 15o (quar.) Dredge & Dock Northern Great 3- $2 (s-a) 3- 44C (N. Y.) 9 *5c 3.85% (quar.) Mfg. Machine Telephone Kentucky Extra 50c 2-21 35c Inc Co. Atlantic & Great 1 60c (quar.) (year-end) preferred (quar.) Great 3- 2 12 %c Common Great 5 1- 4 % % Products, Union Great 3-15 3- 15c (quar.).. Bank Grand Great 4-12 Employees Insurance— Gxanco 7% 1-31 15c „ (quar.) dividend National Great 2-15 10c (quar.) (quar.) Rubber W.) 1 2-21 tl5e (s-a) (quar.I & 3:' 25c $1.12% common Brewing, 60c preferred preferred (quar.) 4%% Grace Ltd. 62 %c 50c Glen-Gery Shale Brick, Goebel Mines, Jacobsen 4Vh% <quar. )_2 - 45c _____ 3- 3- ' 9-21 (quar.)— (initial) Mfg. dividend Stock Kaiser 1 General Telephone Co. of Kentucky— 5% preferred (quar.) Getchell Mine, Inc 10- 36c ... 1-25 45c dividend..— Investors Trust McCord Corp., Metropolitan (quar.) common 2-15 2-28 , 50c , McColl-Frontenac 6-21 1-18 - y (quar.) Plastics E. 1-18 2-15 ■ Telephone Co. of Pennsylvania— $2.25 2-18 2-15 noc (quar.) com. J. 5% 3-11 & Co. Conveyer Extra Jamestown 2-11 60c *. Utilities, Southern Iowa Jaeger 2-15 53c Outdoor Advertising— Corp. 4-10 3-20 7- — com. 1 3-11 35c 3-21 2-15 3- 60c General General 1 sale (quar.)— 50c (optional) 4- Mathews net (quar.)__ 2-15 i 3.0075% common. 4-20 4- 25c Electric, & 2- ■ t25c (Canada) Fund Gas 1 2-15 15c sulting from, portfolio transactions 1956 payable in cash or stock) 1-23 $1.25 (quar.)— Corp. Mutual 1 20c (Bostoni the 1 2- Indemnity & Life Insurance— realized net » accumu¬ — Intertype Iowa-Illinois from plus 33c from profits rfom undistributed securities) of 8 i Trust 2-13 —50c (3c 2- 2-15 25c (quar.)— R.) (P Massachusetts 1-25 10% Ltd.__'— 1 3-12 . Inc.— Massachusetts 1 <• Fund Resources 3-25 35c (initial quar,). com. 3- . Credits, 2- 9c — (quar.) Trucks, Mallory * 10c ....—r_ 1 2-15 25c (Initial)___ Manning. Maxwell & Moore (quar.i 12-18 J75c (quar.)—s 6-20 3- 10c (quar.) Products Corp. Car 43A% (quar.)—; Building Intcrprovincial 8 Ltd. 3- $1.75 (quar.) 3-20 $1.75 (quar.)_f._ (accunx.) preferred International pfd. 7% 50c . 12-30 22c net investment income and realized security profits) from 34c (quar.) 9-18 Investors— (4'/2c 2-13 3- 6-18 in- ($5 px'r common) (stock dividend) International Rys, of Central America— 37 %c 6-29 9-30 2-20 75c $3 profits) 1 ___ payable in Investors from (14c seourity 1 .___. Corp.— dividend General new Fund from &■ 8c inc. 81 Ac (quar.) ^ Corp. — 3- 75c (quar.i__ 3-18 20c — 1 3-21 $1.25 (quar. payment after stock Mailman Corp., Ltd.— Convertible priority shares Convertible priority shares 2-15 20c —^ vestment 2-13 Co... —- 3- 2-15 (quar.) 1 44c 12V2c $1.20 common 7- 3-19. , 3-15 $2.50 — (quar.) Initial 5 3-30 35c — 1 $1 (initial quar.)— common Systems Co. ,-MacWhyte 20c Corp., Development 3-29 3-* I Co. (quar.)_______—1 preferred Institutional-Foundation • (accum.)__ Mack (quar.) com. new Sports MacGregor net 2-15 3-4 Cigar Co., cdmmon preferred (quar.) General of 50c • 75c General 7% quar.) 9c pfd. Magor 3- 6c 4%% 2-11 50e Ingersoll^Band Co.; common (increased) 6% preferred (s-a)—.... 1 (s-a) 2-11 1 2- ■ Common ,*. 1 2-15 35C Loom 1 3- 2-15 $1.15 $1 2-11 3- 50c $1.25 $1.25 $1.25 $1.25 2% 2-16 4- „ 2-11 1 1-31 — Corp. 2-lt 1 2-20 Telephcne Corp., -common..- Common 2-20 2% Lynch 1 20c gains distribution oxxfe realized-in-1956_i :—— 4.80% 2-20 1 common Industries. Service (quar.) Carrier 3- r- Power, •common ' (increased Indiana 2-15 1 3- (quar.) 3- ———.—- __ RR. new Co., Lynch 8 35V4C 25°«c 32c 31V4c (quar.) (quar.) Peanut 2- 3- 3lYaC ~L_ (quar.) capital A. 6-10 3- (quar.)__ Gardner-Denver Garrett C Incorporated Investors— 2-15 6-30 10% 3-11 2-15 2-28 3-30 35c 1 Co., Lunkcnheimer class A (quar.) (quar.) preferred preferred Idaho , 2-15 3-11 5% 3- Nashville & Steel Quarterly 3 2-15 * 3-11 1-31 • 2- ... Lukens Ltd.— Co., ... 2-21 1 t$1.25 Investox-s Gar Smelting & Louisville 3- 5c — 1 - 60c 2-11 20c __n—,—_ — ^ 2-18 3- Ac $1 8% 3-11 $1.06V4 — —_______ $1.10 dividend preferred of 1-31 (quar.) Trailer, Stock 4% Fruit preferred 2-18 9 $1 : —. 3- —_ 1-31 1 3-11 *_•. ... 5 (quar.) 9 3- $1 (monthly).,— Pipe .Co,,., common (monthly).. 5 Huttig Sash & Door, common (quar.),—___ 5%, preferred ;(quar.) 5% preferred (quar.) 5%' preferred (quar.) 5/4 preferred (quai-.) Hydronxetais, Inc. (stock, dividend) 12-31 1 3- ; Joint 5 - 3- ' Lock 7- 5% + 1 2-15 2-28 1 7- 5.12% 3-15 2-15 ._ Sulphur Fruehauf 2- 4- com. 3- 11 (quar.). 7-15 Hudson Pulp & Paper, 30c 2. 8 Preferred 7-15 $1.41 2-23 ! series 2- • 4-15 Corp., 1 50c 50c 25c Stores 2- Island)— 50c t$1.25 dividend 2-14 (Rhode Finance' Common Quarterly Funds— series Stock 1 _____—._ 1 2 $1.10 guaranteed (quar.) original capital (quar,) $4.30 50c Hudson 1 2-28 5c dividend) 3- .____ 'tquar.)— 2- 3- Special Local (quar.) Huston .*_• (stock 1-26 (quar.) common 2 Co,—- common Hugoton Gas Trust—Units 2% _________ Beer Sales 4 1-26 2-15 Railroad Miami common B 2-15 40c preferred 3- 2-15 1-28 3, quar.) B 2-23 $1.12% v Corp.— ••_ Custodian Income Bond 1-22 58c 22____2_i. Chemical & (quar.,) Deluxe 1-22 4 283/4c : (quar.) convertible Class 4 2- (quar.)__, (quar. Franklin 2- 20c (quar.) Ford Motor Co. of Canada, Ltd., cl. A (quar.) Fox 2- 60c ... 3-27 2-28 2-11 75c 75c (increased Co. 25c —_ preferred (quar.)—„—,—.... 8% preferred (quar.)__, Los Angeles Transit Lines (quar.) Louisville, Henderson & St. Louis Ry. Co.— 5% noncumulative preferred (s-a)— Industrial (quar.) Machinery 3(4% 2-9 2-15 $1.50 (quar.) 3-12 ; (increased).. 5 Extra 9 30c class-A 3-12 ! — (quar.); Chemical 4- 2- ■> ____ preferred Common 3-1 . preferred 4.60%-Food Stores, (quar.) Power 2- 30c B 4 (quar.) 2-15 (quar.) class 35c 37 %c (quar,) preferred 4-15 gain and com. 2-15 50d Ilubinger 2-15 1 4c (initial) common Florida 1 (Pa.)— on 8 (quar.)—_______________ Howard 62 %c .__ 3- Class A 3- 1 : (quar.)__ px'd. 5% 25c (quar.)__ 45c Class • 3- 4- : Y.)( 34 %c _ (Chicago) 2-12 Little 2- $1.06 A62%c — (quar.).... com. " Stock Porter, & 1 common 5.70% (accuin.) 8 3- Extra $2 2-13 (quar.). preferred (quar.) Bank Fischer < pfd. 2- 60c Myers A Rubber Co.— &: 1 $1.50 $1.50 3- 6c 2 1-25 2-27 25c 2-28 4c stock) or 2-15 $1.25 (quar.) 3-15 Co. Moxtgage Assn. (monthly) Board, 4.60% pfd, (quar.)-.. payable in cash 8 3- ;— Class 68 %c Inc. 2- i1.1.31 A 2-15 4 : (quar.). 1 1 3- (annual).. Bearings 2- ' • Insurance 2-15 1 3- 3-15 35c National 2-15 1 3- Houston Terminal Warehouse & Cold Storage 15c Fedtral-Mogul-Bowcr 1 3- $1.093/a Hotel * Federal 3- & —15c (quar.)_ (quar.)_^__ 8 (quar.): Warehouse $1 $1 (quar.) McNeill & Libby, Link-Belt 9 1 ... 20c Liggett 2-15 8- 85c _i 1 1 Inc. this 20_ 2-15 Co. Commoix 11- Barbizon, to. Feb. 1-31 3- (quar.') (N. plus share per 3-15 Lindsay & Co., A $51 2-15 2-15 (quar.). Hardart 2-20 1 11c 2-15 1 preferred & 42C 1-28 6% net investment income— Tobacco Co. (quar.) 1 E.) -Co. (George A.) at 2-15 2- convertible pre¬ called for redemption Inc., issue Quarterly from 1 preferred preferred $4.25 2-18 — 40C 3- 1 , 30c ; Libby, common (quar.i 514% preferred (quar.) —.— Life Insurance Co. of Virginia (quar.)— Lily (Eli)-& Co., class B (increased quar.) Lincoln Service Corp, (Wash., D. C.) — 6 3- 9- $1.12% (quar.)— Products Federal Compress Extra 2nd 1 — (quar.) (quar.), Convertible Salt 20c Electrochemical, common Hormel 35c (quar:) series) (1953 2-27 RR. 20 dividend. 87V2c 12- $3 common 3-11 1 3- Lexington Trust Fund Shares— Feb. on «(quar.)_—__________ A $1.25 (quar.) 2- 25c to 2-15 3- 25c (quar.) Cement entire -— 6% __ pfd. 5%% Corp., changed (name quar.) Horn 2 Co., 2-28 53 Ac 5-10 __ Insurance Leslie (quar.) 20c tquar.) Life 8 4-10 2-15 30c . Traders & 8 2- 4-30 $1.25 1 . " Farmers 2- 2-28 ferred. Corp.— (initial (Charles Hooker 25c Farmer 2-28 (quar.) 6- tquar.)__,_. (quar.) & Co. (Calif.) 3 pfd. 5% 8 . Gas 5- 1-21 2-20 Extra River Co., preferred 4'/t% Pall 5-15 3-18 $1.25 (quar.)___ Leonard Relineries, Sons & (James) 2-18 2- 40c Co. 5 2-11 2-28 (quar.) Paber, Coe & Gregg Fairbanks, Morse dc 2- 4- 1 ... —_—___—_ 2-15 2-28 3-11 ... (quar.). Valley 12V2c 3- (quar.) (quar.) common preferred Lehigh (quar.) 3-15 ... Erie Resistor Corp., common $1.20 preferred (quar. 8 (quar.) (quar.) ... $1.25 ___ 2- Marx Corp. 20c ; (cuar.) 1 , 87 %c (quar.) (quar.) (quar.)_ preferred 8 3- - $1.25 7% preferred (quar.)____; $5 preferred 2- 2 % % RR., Co., preferred $5 10c _____ dividend Erie Erie P Hires quar.) & 1 3- 50c Extra Lees Heyden Newport Chemical Corp.— Forge & Steel Corp.— Common Schafflier Portland : (quar.) 3-21" $1.18 A (quar.). 50c Chemical 2-15 Hart, Lehigh dividend) 15c V2-28 2-15 40c 25c : (stock Corp. 1 3% (quar.) A (s-a)__ 3- 15c 62 %c (quar.) class 1 t22%c iquar.) (quar.). Harshaw $1.25 (quar.) ___.— Y.s Emporium-Capwell Co. Equitable Gas Co-.,, pfd. Co. Oil, B 1 5- 50c _ preferred 2- 3 +$1.25 t$1.25 15c Ltd.,. common (quar.) 1 2-15 J25c 1 6- ... Co., 1 3- t25c (quar.)— Inc. 3- 30c (quar ) 35c (quar.)_ (quar. Empire District Electric, 5% Hancock 20c : __ Cotton preferred - Co., Water L^ura, Secord Candy Shops, t30c * Payable of Rec* Share Name of Company Holdere When Per Payable of Rec. Ltd. 1 : ;. preferred 3c (quar.) Electronics Investment Corp.. Erie • Share Gypsum, Lime & Alabastine of Canada, Quarterly -. : 5- $1.50 T. Holdert When Per Name of Company $1.75 IL'.L'.d 4.10% Co., Holden Payable r • (accum.)_*__ $6 El When Share Name of Company Eastern (quar.)— 4- 1 3- 8 $1.12% 4- 1 3- 8 $1.12% 4- 1 3- 8 27 %c 3- 1 2-15 93 %c 4- 1 3-15 - The Commercial and Financial Chronicle. Per Name of Newport t ' V ' Preferred on this issue Feb. 9 at to $103 redemp-^ •' share plus per merged Chemical Heyden with Corp., Newport and interim payment which of proximately the balance of income in earned 1956 ously distributed A special distribution 9 into is 50° — 3-11 * 2-14 not from previ- ,15c 4% 1 a „ 3-15 2- 8 taxable gains on sale of securities in 1956 payable either in cash or stock— Nopco Chemical Co., 4% pfd. ser. A (quar.) Norfolk 8c Western Ry., common (quar.)___ 4% adj. preferred (quar.)— 8c Gas Corp., (stock com. 3-15 2-20 2-7 25c 2- 4% 25c Insurance — Oklahoma Northwest Stock dividend Noves O-O'kicp Copper, 2- 2-15 B 8 Rheem Manufacturing. 4'A% Riegel Textile 2- 6 2-25 2- 5 1 3-21 4%% 2-21 2-15 the rate of 6.9% 7% Mills Edison will be Initial . Omar, Inc., Ontario 4A % & Ontario Steel class 2-15 61'/2c _ (quar.) (quar.) com. 9 6-1 2- * Pacific Gas 5 A % 5% Co., &: $5 2-15 2-15 2- 2-11 1-28 preferred 4.80% 4 preferred 36'fa 5% 1st preferred Pacific $1.25 (quar.) ___ 1 2-15 2-15 1-25 2-15 1-25 Pacific 1-25 —__ 28'Ac 2-15 27V4C 2-15 2-15 5% Mfg. Coal, 5% conv. prior Cement (quar.)__. Peerless Pendelton Tool pfd. ; $1 preferred $1.30 48c 1956 from 1956 net 3-13 1-31 1-31 2-15 1-25 2-15 1 3- 1 2-20 3.70% prefc.reo C (quar.) 4.70% preferred E $1.10 ________ (quar.) 4.50% preferred F 4.60% (quar.) preferred. G 92'Ac $1.17'A _ (quar.) Pennsylvania Pennsylvania Pennsylvania Glass Sand Power Co., $1.12'A $1.15 (quar.i 4!24% RR. Co. (quar.) Penobscot Chemical Fibre Co. Common voting ' pfd. (quar.) $1.06 35c Class B com. (initial shares 1-31 Drug, Southwestern Electric 1-31 2- 8 1-31 2-20 2-10 3.90% preferred preferred 4 1-28 4.40% preferred 1 2-18 preferred 3--1 2-6 4- 1 12'Ac $1.75 3-5 l 12-31 2-15 2- 3- 2-20 1 1 B Company Portsmouth _ __ common (quar.) (quar.) Coke Sleel Co. , 5c 3-20 2-20 Stein 1 2-15 Steinberg's, 1-30 Sterchi & Co. Ltd., Bros. 2-15 2-15 1-23 3- 2-15 Colorado— (quar.) preferred (nuar.i Public Service Co. of New $1.05 $1.12'A 1 3- 1 2-15 2-15 1-31 Hampshire— (quar.) 25c (quar.) (quar.) 7% $1.12'A 2-15 1-31 84c 2-15 1-31 2-14 60C 2- 9 3-15 (quar.) class _ preferred Whatley, Stoneea Coke Struthers 8- 1 7-15 11- 1 10-15 2-28 1-31 f 10c _ _ Coal 2-21 (quar.) 20c 2-12 2- I $1.75 2-12 2- 1 50c 3-29 2-28 4- 2-28 com. _ (quar.i—__ -i.r- $1.06'A Stubnitz A.) Oil, Greene, Stock dividend $2.50 common 12-20 3- 8 2-21 7- 1 6-14 3-15 2-28 22 Ac* 30c $1 A Co., common— 4- 1 3-16 50c 3- 1 2-15 62 Ac (quar.)____, 4- 1 3-15 (quar.) 20c pfd. (quar.)__ 2-15 2- 1 $1.50 2-15 2- 1 2- 8 1-18 2- 8 5c 5% —— 40c 1-18 3-29 3-11 3- 1 2-15 75c 3- 1 2-20 $1.37 A 3- 1 2-20 24c 2-18 1-29 2c 2-18 50c 2-14 1-29 20c 3- 2-28 — (quar.) from $1.06'A capital gains and 5c from earned 3-15 3- 4 19c 2-15 1-31 prior Value 8c Iron, common preferred Line 3- 1 2-15 5- 1 4-18 Vanadium 5- 1 4-18 Van 5- 1 4-18 5- (initial (quar.) (quar.) Fund. Special payment Corp. Waters Stock __ Inc. — (quarterly & Situations from of earned of America Rogers, Fund, Inc. income) (quar.)— common dividend 4% 1 4-18 -1 4-18 2-15 2- 3-9 2-15 Pacific $2.50 preferred (s-a) Virginian Ry., 6% preferred 6% preferred 4 3-15 3- 1 3-29 3- 1 3- 2-18 1 2-28 2- 8 Mfg. Corp. W.JR (The Goodwill Walker & Co., Class A 1 3- 1 4-16 8- 1 7-17 20c 3- 1 2- 10c 3- 6 2-15 3-15 2- 1 2- 1 3- 1 2-15 3- 1 2-13 2-15 1-31 Washington Mutual 2-15 1-25 Washington Steel, Warner Bros. Pictures (quar.! $4.50 preferred (quar.) 3-11 2-25 1 3-12 Wvlex 8 2-15 West 4.80% 3-11 2-28 3-30 3-15 2-15 5 West 2-15 1-15 West 5% 3-15 2-15 2-15 2- 1 2-15 2- 1 3- 2-11 1 2-28 2-15 10% 2-28 2-15 Inc (quar.) Western Canada RR. Co. (final) Western Tablet 5% preferred Ltd (quar.) (quar.i Investment Ltd. 2- 1-18 5 2-11 2-11 1-25 3- 1-31 1 2-15 1-25 2- 1 2-15 2- 1 3- 1 2-15 3- 1 2-19 3- 1 2-19 20c 25 c 3- 30c — 3-15 2-15 2- 1 2-15 2- 1 i30c 75c 3- 1 1 1-31 2-15 2- 1 4-15 2- 4 Trust, a7A% 8c 5 $1.12 A Breweries. Pacific 2- $1.25 (o.uar.) Stockholders 2-15 2-25 2-25 15C common (quar.) (quar.)__, Sugar (quar.) ; Point Mfg. (quar.) Virginia Pulp & Paper Co.-- Western 1 3-11 60c Disinfecting, preferred 8 40c 25c (quar.) Indies 4A% 1 3- 1-25 50c 8c (quar.t_ Western 12Ac Fund, $5 preferred West 3- 2- $1.06% common Services 1 $1.12 A Investors preferred Jet 31'Ac 2-20 4- 2-15 Co.— preferred 3- Ac 5% 8 30c (quar.) Light $4.25 4- 40c — Industries, $1.25 preferred (quar.)__Warner-Lambert Pharmaceutical Co. (quar.) Warner & Swasey (increased) 2-15 J25c dividend!, Ward 4-1 31'Ac 25c 62 2-15 2- (quar.) (stock 6 a 4- 5- Station) common Tiernan 3-29 3- 1 $2.50 _________ (quar.) Wallace 4-22 4- 37 Ac — (quar.) 1-29 37 Ac -— <quar.)_ (quar.)_ Vogt 7 Ry.— is-a > 2-8 3-15 Vicksburg, Shreveport & 2% " (quar.) 6-20 11-10-58 50c ______ Income 15c (quar.) Ltd 3-20 9-20 (quar.) _ Line 30c : 4-10 7-20 (quar.) 50c 43%c Co 1 10-10 _ Valley Mould 25c & C $2.50 —— Value 50c dividend) common (quar.) preferred 56c (quar.)_ 1-31 1-25 3- — — Canal Corp., $6 conv. Corp. (year-end) f$1.31 (stock dividend) (stock Wells (D. Corp. Washington Gas (quar.) 2-28 2-15 25c — com & J.), series 40c (quar.) Davin t38c _____—__ _ (quar.) (s-a) 5c pl'd. 4-15 87 Ac 1-31 5% (quar.) Corp., common preferred (quar.) $1.25 Stuart & Corp. (N. 30c Textiles, 4A% 1 87 Ac 2-15 15c (quar.) Stores 9 5- 4 (quar.) 2-15 25c A 5 8- 5-15 40c : pfd. 2- 8-31 (quar.) 8-15 Corp.— 5'A% 4- 2-28 (quar.) 1 87Ac (quar.) 5 4-15 87 Ac 3- 9c (quar!) 3- 2-12 1 10c t35c _ 5 3-15 3- , ' 10c — (quar,)___ B Cos. Foundry 45c A 35c (s-a )_____,_ 6-14 50c (Del.) 1-10 3- $1.12 A common 9-13 20c (quar.) first Stockton, Stratford 1 1 ' dividend Universal Corp. (initial quar.) Universal Pictures, 4'A% 5 Stern Stern 1-31 2-15 5- Stewart-Warner Corp. (quar.) Stix, Baer & Fuller, common 2-15 3- 20c Stores 27Ac 1-30 2-27 $1.25 1-19 $2.50 Stock 27'Ac 2-15 3- 2-14 $2.50 8c Unitronics (quar.) 2- & United 2-28 (quar.) 2-15 45c 1 5% 2-15 25c _ 4'A% preferred (A.) 2-4 Common 2-27 26c ___ 1-19 3- ' (ouar.) 5c Packaging 3- 5 2-15 33c com. : Vitamin 3-13 2-15 1-19 2-15 2-15 — (quar.)__ preference S. 4-18 pref. (quar.) Chemical (quar.) 2-15 5% U. 4-18 conv. Stauffer U. 3-6 3-15 1-28 1-19 — 1-18 3-15 2-28 2-15 —- Plaving Card S. Printing 8c Lithograph 4-18 1 class 2-28 1 1-28,.. 6'Ac S. 1 25c Gardner preferred 1 U. 1 15c Procter & Gamble (quar.)_ Public Service Co. of Common 2- 25c 7 Ac (quar.) iquar.) Special preferred 2-15 5 1 (quar.) 50c (quar.) Inc., $1.60 I 5c 2- 5- Stock 2- com — preferred 5- pfd. 2 2-28 $1 America, (quar.i Jersey RR. Pipe $1.10 Co. 3- 1 87 Ac of Coal Lines Co. S. $1.15 $3.50 Class S. 4A% 2-15 $1.06'A , dividend Standard Milling, U. 1-15 35c i Dredging, $1.60 conv. Forgings (quar.) 3-15 income) Sprague Engineering (quar.) Spencer, Kellogg & Sons (quar.) Standard Brands, Inc., common (quar.) Standard 2- 1 20c preferred 97'Ac preferred (quar.) Standard Commercial Tobacco 1 4- 92 Ac (quar.) (ouar.)_, New $1.03% preferred ($25 par) preferred ($25 par) 4 40% * preferred, Portland Gas & 3.35% 4.15 3- 4%% 20c (quar.) 2-23 4- 1 A 92'Ac (quar.) 4.60% 3-19 2-28 90c 50c (quar.)_, 2- 1 3-11 ; Engineering & Foundry, United 29c (quar.) 4- 3-11 $1.12 A Improvement, 3-14 25c (quar.) 3- 1 3-28 70c (quar,) preferred 5% (quar.) com. 1 Corp. of Louisiana— Ltd., Electric 27'Ac (quar.) 2- 4% (s-a> 7% preferred United Gas 5 (quar.) 4.25% changed to Pendleton Co 6% 4.50% preferred 4.15% $1 _ (quar.) (Name Rubber Mining 4.20% 3.70% 1-21 3-15 1-28 5 (quar.) 1 2-23 1 $4.25 25c Southwestern Public Service, 1-21 3-1 1-30 4 2- 62 Ac 25c Service 2-11 3-15 3- 2- 2- 40c *.*■' preferred Class 1-26 $2 2-15 2-15 25c i convertible United 2-21 2- quar.) 12-28 1 gains) 25c common 2-11 2-20 9 2-11 2- Southwestern Investors (lie from investment income and 9c from capital gains) Standard Pope & Talbot, Prince 2-15 2-7 2-20 3- 2-28 (quar.) 2-15 Standard (interim) Ind.i & Southern 8 20c (quar.)_: Co. Corps., United 8 2-28 (quar.) 23- 7c t20c (quar.) Extra J62V2C (liquidating) Southwestern 20c Industries, class A (quar.) Pittsburgh, Youngstown & Ashtabula Ry. Co.— Plymouth Gas 2-15 30c preferred 50c (increased 2-15 1 Corp.— preferred $3.50 1-25 3- 30'Ac (quar.)__ quar.) 2-15 1 (quar.V_, convertible 6-15 —26'Ac (quar.) Power, common Canada preferred 62'Ac (quar.) (quar. Pinellas Poor preferred (quar.) 1 3- (liquidating) convertible U. Ry. Co., common (increased preferred (quar.) $1.37'A common Pinchin, Johnson & Associates— Polaris 4.88% Southern 4.36% (quar.) Pillsbury Mills, Inc., Tool preferred 8 3- . Cigar-Whelan, United 8 ( 5% 4 2- 2-28 8 1- 2-15 70c $3.50 2-15 3-13 25'Ac 1- 2-21 2-28 3- Quarterly 5% preferred (quar.)_ Southern Utah Power Co. 3- 3-15 3- 3-15 1 2-21 67 Ac $3.50 2-13 6-29 $1 4- 1 $1.06'A (quar.)___ Materials preferred Common 2-13 3-1 55c t50c 2-25 $1.06'A (quar.i__—, Biscuit $4.50 - 30c 5% 3-1 United 2-28 (quar.)__ 3-15 16 A % 16'A _ (quar.) 2-15 2-15 42'Ac 2-15 A B 2-28 2-15 $1.50 Phillips* Petroleum (quar.) Piedmont Natural Gas, common 4%% preferred 1-31 3- Carbon & (Calif.) Class Class 2-15 & Union Oil 8c Gas 1 30c 2-15 RR.— Oil 50c 40c quar.) capital Quarterly 25c new (final)l— Quarterly 5c Philadelphia, Germantown&Norristown Quarterly ; Salle preferred 1 25c L_ Corp. 1-15 2-15 California Edison— preferred (quar.) 2-11 _29.7143% (final)—29.7143% (quar.)__ System (Kansas) preferred (quar.)__ Union 3- $1 2- 2-20 from preferred 1 4.08% 1-18 2- 2-28 25c , 2-15 2-15 30c _____ _ Union Gas 2-1 9 1-31 Corp.— preferred (quar.) $3.70 preferred (quar.) 1 3-15 3-29 2-15 2-15 $4 1 Production 2-1 2- 3-1 7c - 20c — Y.) dividend 3- Natural 1 $4.50 $3.50 2-25 50c (N. (quar.) Stock 3-11 5 4 5 15c 5% preferred (quar.) Union Electric Co.— 3-11 3- 4 2- 50% — quar.)— (quar.)_ Trust Chemical Common 3- Southern 3- Union 2-11 1 1 3-20 2- 2-26 60c (quar.) 3- Southern 3-2 1 4- 75c 2-26 35c Y.) 1 4- , 2-11 15c ordinary St. 3-29 1 25c 3- 1 receipts (N. La 3-29 1 $1.75 3-15 3- 1-31 3- $15 (quar.)_ (extra South 2-15 2-15 Ltd.— 208 3-21 25c Trust, 29th Street Towers 3-21 62'Ac 5c 25c —.. Glass— preferred (quar,i_ Truax-Traer Coal, common $2.80 preferred (quar.) 3-21 4-10 1 1-31 3-15 (quar.) $2.70 1 4-10 1 2-15 30c dividend Common 2-14 3- 2-15 »2'AC . — 1 4-10 3- 1 Co.— 8' 1 Ltd.— (quar.) 38%c 3- 15c 1 1-24 I - (quar.)__ 31'Ac 2-11 4 3- 3-11 Fibre preferred <quar.)_ 2-11 3-8 2- 2-15 ' preference preferred (quar.)_ Southern 3 2- Int.—_____— preferred United (quar.) South Texas Development, class B Southam Co. Ltd.__— 9- 11-29 2- __________— I.) Corp. 7-17 3-15 Works 1 2-15 (quar.) deposit preferred Lathe 10- 1-1-58 Mfg.— Tri-Continental 4-17 3- (quar.) 3 Trust— Prop. Securities preferred Bend 3- 1 1 2-15 of (quar.) Oil & Land <H. $1.55 3-1 3- 5- 25c (quar.) 6- 2-15 dividend Stock 4-16 8-1 common Coal convertible Trade Bank 4-16 1 45c common Company 4-1 5-1 5- 61c (quar.)! 4 1 $1x04 Tonopah Mining Co. of Nevada Toronto Elevators. Ltd. (quar.)___ 2-16 s. Inc Oil Southern 3-11 3-11 25c Co. Wesson, 1 2- 7- 25c (Canada), 4'A% 4 $1.12'A (quar.) 2-11 1 2- 30c Co. 3- $2.12'A (quar.) Ferkius Machine 8c Gear Co., 7% p)d. (quar.) Peruvian Transport Corp., class A 7% preferred Plomb Tool Co. 2-11 2-15 Carson 4.56 % 4 5c (quar.)___ t5c (quar.) American 2-11 1 1 2- 20%. (quar.) J15c (s-a) Peoria &; Bureau Valley RR. (s-a) Pepsi-Cola General Bottlers, Inc. Perfect Circle Co. $4 preferred 1 3- 2-15 & 4.25% 1-18 25c ! deposit receipts deferred 5% — 3- 1 50c —, Amer. 3-8 8 t45c (quar.) 1 $1.08 Toledo Edison 2-2 2- 10c (quar.) 1 4- 3- 1-24 Glass Tokheim 1 10c common 4.24% 3- 3-1 4-1 (quar.) Amer. 2-18 2- (quar.) (quar.) Corp., 3-14 2-15 $1 com. 2-15 3- 50c 25c 2- Pacific Tobacco 1-21 Co.— 20c _ Extra Co., 3- 4 2'A% 60c (quar.)-.— A 2-15 2-15 Pearson Stock Ar. , (quar.) 20c (quar.) Pfaudler 2-21 5-17 (Maine) Common non-voting (quar.) Peoples Credit Jewellers, Ltd. Petroliie 45c 3-18 6-10 2- 25c ■. 1 2-15 $1.25 • . Co. (Morgan) & Sonotone on 60c Corp. Socony Mobil South ___ (quar.) Smith Smith 2-20 58 A Oil Mfg. 25c A Industries, 1 $1.25 (quar.)__ com,. Co., common (quar.)__ Power Smith-Douglass 2-20 3- Co.— B 3- $1.18% L (quar.) Superior Co., Slcil Corp. 1-14 3-15 Pacific Skelly Oil Co. 1-25 2-15 614 1-25 2-15 (Balance of undistributed net income)15c preferred 2-8 31'Ac Corp., (quar.)___ $2.44 preferred A Singer Income, gains 3-1 12'Ac quar.)_ Acceptance preferred Sinclair 2-27 2-3 5 2-28 8%c realized (increased Signode Steer Strapping; common 5% preferred <quar.)___ 2-16 57A net 2-8 91'Ac ! 3- 25c Union Carbide (quar.) Corp. of America, class Sierra , 2-28 1 33c , Pennsylvania Electric 4.40% 3-15 3- f35c (quar.)_ investments) 1 32'Ac undistributed 1 35c (quar.) preferred 4% 2-28 20c Co., common (quar.) preferred (quar.) from Surety Shoe 3-15 3-15■* 1 20% - ___ ___. (12c 3- 3-28 25c •____— (quar.) 4.68% conv. class A Pennroad Corp.—> 3-15 -1' 31'Ac Fiuit 4.60% 2-21 t35c (quar.) Oil Sherwin-Williams 2-21 1 t20c $1.32 preferred (quar.) Penman's Ltd., common Pcnn 1 12 Ac (quar.)__ preferred 3- 3- 15c (quar.) dividend ^ Peninsular Telephone— 3- 25c sinking fund preferred (quar.) J. Thompson (J R.) Co. )quar.)_ Thrifty Drug Stores (increased Tilo Roofing (quar.) Timely Clothes. Inc. (quar. t 1 27'Ac . 1-25 25c Industries Stock 2- 27'Ac — Shawinigan Water & Power Co.— Common (quar.)_. Sheraton Corp. of America (stock dividend) Sherman Products, Inc. (quar.)__ 2"S7 50c (quar.) (quar.) Ltd., common (quar.)_ (quar.) 1 Co., preferred Peabody pfd. (quar. pfd. preferred A (quar.)—___— preferred B (quar.)' $2.40 2-13 $1 (quar.)__—.— 37 Ac 10c 1st 3.0c Thompson 3-18 1 2-15 85c (quar'.)__ Manufacturing, 5% 1-18 2-15 3-15 $1 conv. 1 3- 50c . A Securities 3-19 u 20c ■ Year-end 7% 2-15 50c (quar.)_: Paton 4-1 50c American World Airways, Inc Paramount Pictures Corp. (quar.) Sheraton Corp. ! Petroleum Co., 6% Parmelee Transportation 4- 10c 4% 25c A Servomechanisms Pan Parker $1.18 50c Co. Seaboara 1-25 (quar.) Park 2-15 25c preferred $5 1-25 31'Ac __ Express (Subject to Interstate Com¬ Commission approval) Lighting 1 $1.10 (quar.)— 1-24 — common Subsidiary shares 9 — 7 1 (quar.)___—_ Thatcher 9 preferred Seaboard Stock dividend merce 3- 1- 3.65% preferred (quar.) Scripto, Inc., class A (increased Seaboard Finance, common (quar.) $4.75 preferred (quar.) 1-25 2-15 —__ (quar.) $1.23% 1- - Scovill class Certificates 2-15 2-15 5'A% 1-25 30c — ____ 1 2-15 5'A% 4 31'Ac — Interniountain 3- 2- 2-15 37Ac ,— (quar.) (quar.) (quar.) preferred 2-25 34%c (quar.) preferred 4.30% 3- $0.6744 dividend)— 3 2- (quar.) (quar.) Pacific 2-15 2-15 3- — 6 2- 35c conv. Texas, 2-15 shares 2- 5 50c Texas 2-15 York 6% : Texas 2-15 1 1 1 (quar.)„ Co., common preferred (quar.)_ Scotten, Dillon 1 3- 3-15 (quar.) $3.40 preferred (quar.) Schwitzer Corp.— 1 3- 3- 3-1 (quar.)_ Paper $4 1-15 % 50c (quar.) pfd. $1 $1.02'A —$0.6744 Paper, common preferred class A Extra 1-15 5 Regis Scott 1-15 2-15 2-15 35c 6% 5 3-15 25c Schenley Industries; Inc. Corp. (quar.)-^ 5-1 150c —— preferred Co., (quar.) 6-1 125c dividend)——— Electric preferred 3- $1 *10c New certificates 6 1 3- —— pfd. (quar.) Texas-Illinois Natural Gas Pipeline Co.COmmon (quar.). 1 f20c Sobering 8 $$1,75 (quar.)_. (quar.) 3- 5% 2-8 $$1.06'A —___ 2- 3- 50c B 4.16% 2-15 $1 Paper 4.40% 5-17 3- Croix St. 2-16 — —_ St. 2-15 1 t$3 : 5 3-1 3-11 50c — Petroleum, interest 3- $1.12'A $1.02'A* (quar.) System. Inc. (quar.)-^ Ryerson & Haynes, Inc. (stock 1-31 3- $1.12A (quar.)__ ______ Paper 2-15 1 Dutch 1954 1-31 3- —.— Products, Ltd., preferred (quar.) Opelika Mfg. Corp. (stock Oxfoid preferred 3- ;—_ Electric, 4.32% 2-9 $1.18% (quar.)_ Corp., Inc., Class Tampa 1-24 3-1 — Ryder 1-31 50c (quar..)_____ (s-a) 2-15 — 2-15 $1.06'A $1.06'A (quar.) pfd. ' 2-15 59%c _—._ common A Corp. 2-15 1 3-15 Extra Marine 4'A% 1-31 3- 5c 7% Outboard 3-1 $1.14 . preferred Oswego Falls Corp. 1 (quar.)—37'/2c common Quebec Ry. 8 3- Royal preferred convertible 3- 3-15 t$1.7p — (quar.) Chemical, convertible 3-15 35c (quar.) 4% 'in preferred Olin Mathieson 4'A % $2.79 ... ____ preferred common Talon, 3 35c — 6 28 Ac —! preferred (quar.)—; Co. Taylor, preferred class A (quar.) Rollantl Paper Ltd., class A (quar.)— Class B (quar.) —— > (quar.) 4.56% Co., Oklahoma Natural Gas, 4'A% deducted) .— Ltd.— Co., second & 8 2- $1 (quar.) Oil 2- 41 'Ac (quar.i (quar.)— Quarterly Quarterly Quarterly 1-24 — Steel preferred 8 3-20 (quar.) Special 1-31 3- — A Biscuits 1 3- 30c (quar.) 2- 25c comrncn 2-15 1-31 4% pfd. (quar.) Mississippi River Products Line— Oklahoma 4.92% (Union of South shareholders tax at (quar.) preferred Ohio 5) Haas 2-15 2-15 — A- 2-15 1 3-18 preferred K (quar.) preferred B (quar.) Rochester Transit (quar.) Rogers Corp., class B (stock dividend)--— Rohm 1 3- 2-15 2-15 4.95% Ltd.— 3- 15c preferred I 4.10% 8 2-21 55c 4.75% non-resident Mfg. Co. Ogilvie Flour (quar.) preferred H (quar.) (quar.) preferred J (quar.)— 4.10% 2-18 2- 3-14 2'Ac (quar.) F 4% Sw'ift 1-25 12'Ac — preferred Holders Payable of Rec. 30c — convertible 2nd Superior 1-17 (initial15c pfd.'(quar.)— common (quar.) 5'A% 2-1 2-15 35c preferred A (quar.)-__ Rochester Gas & Electric Corp.— 2-28 $1 Corp., Co. Sunshine 1 2-14 31'Ac $4 3-11 2-15 , 80c 2-15 3-15 45c 3- 1% 2-15 4- (quar.)___^— (quar.) preferred 3-12 50c (quar.) —- 3-1 25c 45c quar.)_ 4- 5% — 20c dividend common Oil When Share (quar..) Sunray Mid-Continental Oil, Swan-Finch 35c (quar.) Sun Company Propane Gas 4'A% (quar.)_. 70c (quar. i Co., common change before March Oak common 1 50c preferred 25c 1 1-15 Copper & Brass (quar.) Reynolds (R. J.) Tobacco Co.— 3- $1 2-21 — (increased Co. 3-15 2-25 Revere American shares (equal to 20 shillings, and subject to adjustment in the rate of ex¬ Africa Stock 2-15 1 Tile 50c *35c Refractory & Insulation (quar.) Reichhold Chemicals, Inc, (Del.) 4% _____ Pharmacol (Charles F.) 2-20 Redondo 1-17 1 Corp., 1-24 (quar.)_; 1st Per Name of 3-1 2-15 com. Pile preferred Stores 3-15 34c (quar.) (quar.)_. Tube 2- $1.25 (increased)—_— 40c ____ (quar.) (quar.)—-- Northwestern. States Portland Cement— Quarterly "— Norwich 8 3- $1 Gas- Co. Bancorporation 8 3-' 1 3-9 divid.) Northern 2- $1 DOc of Rec. 2-15 (initial quar.) (quar.) new common conv. Owl Holdert Suburban (quar.) non-cumulative Reading Red $1.90 Co. (Hartford), Northeastern Water, 32 preferred (s-a)____ $4 prior preferred (quar.) Northern Ohio Telephone (quar.)_ Northeastern A Concrete Co., $1.25 long-term When Payable Mexico— 17c Purina Co., Reading " Nortex Oil Ralston Rayonier, Inc. —~ net Ncv; quar.) preferred Raymond ap¬ ordinary -— of Quaker State Oil Refining Corp. Quebec Power (increased quar.) - . < Co. Puget Sound Power & Light Corp. 2c net and 5% 2- changed name Chemical Service Common $0.47222 •- Newport News Shipbuilding 8c Dry Dock— Quarterly ' Niagara Share Corp.— An Per Share Name of Company for — Company Heyden of Rec. Public called dividend) Above Holders Payable Inc.-— (entire tion When Share Company Industries, Monday, February 4,; 1957 .. Stationery Corp.— (quar.) $1.25 4- 1 '3-12 Number 5609 Volume 185 ' . - * ' - (5. (quar.). (Consider H.i "WHlett •' ** Common-(quar.-;• • Common —n,—1—I—-—— -V iquar.i (quar.i^_.—_— preferred WV/o imohthly) Stores Winn-Dixie * Monthly. i_'_: —-----—•—■—-i--— Wisconsin Bankshares Corp.viquar.j - ^ ,2-20 25c*. 11- 1 $1.06V-i >■ 4-1 ".7c .( 2-28 i.^ „-7c 3-30 . . 25c - . the -1955, _ 24% -increase was a Eleptrie preferred .-3.60% s orcfrrred G'/c ■ {>: Power,'& tight, Wisconsin $1.504-30 ;. 32c 2-15 iquar.) - 3- 1;.:, j 2- 1 « 3-1 2- 1. t Power, com: (quar.? * 40c iquar.)90c Wisconsin -> . common ' (quar.) > '.".""'.4%'/® .preferred <quar.^r_;_—-f_—:_._iv ,$1.1212 4.80% preferred '(.quar.)—.. S1.2Q i- I' . .- (quar*)--—:___:—$1.10 (quar.) 22'-;c (quar:) >: 30c-.- "2-28 ,Z% preferred* iquar.i .—3lJ'» 3-1 Woolworth (F. W.i, (quar.)_i—__ i—162',2c 3-1 Worthington Corp.— ' ; ^ • 7 . • '?;•/' : 4V2% oonv. -prior pfd. (entire issue called; r. ; Machinery Wcotlp.il Industries, common Wood' Newspaper >. .. -v •«« - redemption cn March IS at $100 -per div.i Conversion expires on for Wrigley ' • Jr. (Wm.) Monthiv ' ■ .— J—j , 3-15 3- 1 . 25c _ — 2-28 2-15 Extra ! Class B ;■ Yale (s-a) „ <quar.)__.» Inc. Yard-Man, preferred (quar.)__.—— 6% preferred (quar.) + Young it. A.) Spring & Wire (quar — Yellow Cab 6% Co., -Extra books ^Transfer - closed not this for 3-11 4-30 2-25 4-10 7-31 3-15 7-1C Less British x Less Jamaica y Previous date income record and/or —V. 20c 2-15 1-25 - corporation Non¬ payment , , Files — Period J. preceding from Railway oper. revenue.. Railway opor. exnenses. On from Net rev. Net 185, p. $105 074 31.215.339 $77,557,255 $70,806,354 Up 13— 50,693 44,263 646,607 the to approximate President, stated oil Jan. 22. Mr. Spencer estimated that 13%, the earnings reported of Sinclair's a nonrecurring profit of $4,835,000 in Westpan Hydrocarbon interest stock 1956 earnings are estimated at $6.17, as com¬ each case reported for 1955, computed in shares outstanding during the all of which were converted prior to the date has company rallel first mortgage bonds, its Scott-Atwater ^Manufacturing Co.—New Developments - that provides ga oline savings of up to 34%, novel color treatments and an i crease in tre horsepower of its bivgest motor are the outstanding features of Scoti> Atwater's 1957 outboard motors. Also, the company features a Radical design model—tne super-deluxe the market." top of De. Inc., • a fuel new system is Scott—■t.iat Royal aimed is issuing to the holders of its capital stock rights to subscribe at $45.50 per share for 4,379,758 shares of addi¬ tional capital stock (par $15) at the rate of one share for each ten shares held of record on JaiL.30, 1957. The are 17 H. B. by for this the .blgge t motor last year was with " and many-featured "boatels"—new kind cf travel private boaters and inotori.ts—were unveiled on lavish for accommodation company. designed specifically to President, raid the boatel was At water. provide travel accommodations for the "miners who trevel by private" boats on our waterways and for motorists." He ?aid there ore more than 25,090,000 persons who go boating at lea.-t cnce a year and that -the number who take extended vacation trips in private boats is rapidly. According to increatirg a features. features the are said Attvater Mr. Even facilities. that comm included. is port conscr_Ciion tnat addtd He Scott-Atwater. helicopter a building, front-c'oor rcla.l activiti:s budding, a""' i"*-omob:le repair and housing over-water an parking, a modern restaurant a.id v-ri^d recmationa' areas both boat service of boaun a project the was is not plann'd by developed and the and dealers marine said. he others, ouilders, organization3. planning civic groups, resort owners, built be unit main of the Although Atwater Mr. ditions this cost boatel be mailed-to .the been easily be built at less SEC corporation covering Bt S15 to pay Corp., Products Securities and The per cost, He the entire unit. he fid.—V. 183, emphasized Sections p. 1371. of that mortgage both the in Western the and 30, 1956, the company spent more than acquisition and re¬ placement of, properties, planes and 'O' lpm0"! and in t->c search fe? additional crude oil reserves. Scheduled capital expenditures for 1957 are estimated at $475,000,000 of which abo_c 85% will be allocated -U' six the During months ended $1,700,000,000 for the and years Sept. nine company's operations in the Western Hemisphere. More, than half 1957 spending will be for the acquisition and -development of crude oil production. the the of Over from from 1950 to 1955. the 'company's gross income 81,646,163,000 to $2,500,505,000 and net income rose six the increased years from $133,000,000 estimated by the Net 8208,347,000. to at company for income the 1956 year is manufactured ucts oils New £0 cents working for Seaboard Eiiiance greases, of 50 the lubricating Industrial 10. Dec. oils and vasol ne, greases, fuel paid company a di idend of Jan. 15, 1957 payable March 9, 1957. capital.—V. 183. p. 212. Soccny TO PRESENT Authorized Oil Co., notes FINANCING Outstanding payable to banks (1.85%, 30. June 30-year 212% Magnolia tSundry (due June 1. 1976> deb. 30. cos.- $25,000 000 100,000,000 86.350,000 Company: 50.000,000 due 1957 obligations: due (33s%, not later (non-interest bearing to A interest in < subsidiary *Paysle in currency other than ♦1,660.000 com¬ •Exclusive, in prior the 2.715,000 ~ 75.000.000 >hs 48,177,343 shs. Courts A U." S. dollars. of approximately $7,000,000 and 1357 and Jan. 1. 1958. respectively. This UNDERWRITERS—The underwriters named Inc. Co., Co beipw have $9 000.- Co Co A 1.25 .10 .25 Co A .15 Ohio Co Peters, .30 Co. .25 1.25 A Co .10 Writer A Christensen, Inc. .05 Carl H. Pforzheimer A Co .25 .05 Piper, Jaffray A Hopwood Prescott, Shepard A Co., Inc. .15 A Carey, Gunn Inc. W. R. Cunningham, Schmertz A Co., Pressprich A Co. .05 M. A Co Skaggs Davis* Crouter Bodine— A Dillon, Dixon Bretscher Dixon A Dominick Drexel :—;— .15 Co._ A Salomon .15 Co.——. .10 Co A 1.00 ' .05 Hutzler A Bros. 1.25 Saunders, Stiver A Co._ Schmidt, Poole, > .10 — Schneider H. .05 Roberts A A A Schneider, Bernet A Hickman, Inc. 125 ,Co._. .15 ; Pomeroy, 'Inc. 2*00 Co,_ > .05 Schoellkopf, Hutton A Union Dillon, Eastman Mosle Rothschild F. .05 E. .70 Pont A Co du Lukens— Renshaw__ .25 — Co I. A Parke Co & A .30 .15 — Francis .70 Co., Rowles, Winston A Co.__ Securities Corp. Dooliule 1.00 Dominick A L. .05 .25 i. C. Roney A Wm. Rotan, .10 , Dominion The inc. Noonan Co.- .10 .25 .25 2.25 Inc. Gardner and Rodman .50 Inc A Co. Read .10 Co., A Robinson-Humphrey .05 Inc A Co., .15 Inc Co._z.__- A Robinson .. Merle-Smith Dickson Co Inc. .05 : A Robertson A S. Riter .10 — Pancoast R. A A A Co., .30 .70 Reynolds A Co., Inc.J The Dempsey-Tegeler A Co Dewar, Relnholdt Townsend, A Haven — Pierce .10 A, Co Rauscher, .05 Union Securities Co.— Dallas Davenport Quail .05 Inc.- Co., A — Putnam .10 .15 House A Co Dain Dick i .10 .10 Erothers Cullman De .05 Co._: — Parrish .15 Cruttenden, Podesta A Co.— .05 A Northwest Curtis .25 Co and Nowland .25 Weedon & Co Crowell, Schwabacher .30 A Schwinn B. Co.._ .30 Co. .05 A .50 L. Morris, Stokes A Co._ .15 Scott, Horner A Mason, Inc._ .05 Flworthy A Co._____________ .25 Scott A .Stringfellow-* .25 Emanuel, Deetjen A Co .15 Chas. W. Scranton A Co Co.- Ebersladt A Guerin Hammill Shearson, Turner, A A Estnbrook A A. Clement .70 Inc. Clark A Co Chapman A Co Fauset, Steele A Co Fahey, Farwell, A Ferris Comoany_ Richards A Co Field, First The First of First Southwest A A Co Reid Robeit Garrett Moore A Co William Simon S. Smithers Stifel, Co.___ .1Q Co Webster A 2.00 Corp. Stroud A Company, Suplee, Noyes A A Co Hentz Richards J. Hirsch A. A .30 Co .10 .70 Underwood, Spencer Trask A Co Co.__ Co l.CO .15 Neuhaus A Van Alstyne, Noel A Co Chisholm A Co., .10 ; — Varnedoe, Son Co .05 Dann A Co. Vietor, Common. .15 Wagenseller A Durst. Inc Walker H. A Weeks G. .10 Walston A .10 1.25 Watllng. Lerchen A Co J. Labouissee, Weil. A .05 Co Wertheim C. A Wheat White, Weld .05 Co Co A , Winslow, Cohu A Stetson Hutton F. W. The & Hutton E. Illinois Co.— A Co. .50 Co 1.00 Inc .25 Indianapolis Bond and Share Janney, —V. 135, A Battles, .25 p. 384. Witter A Harold E. A 2.00 .15 2.00 Co Wood Wood. Gundy A Co Co.. Inc .05 .25 Co 1.00 Woodard-Elwocd A Co .15 Wood. .10 Dulles Dean .25 1.25 Co A .10 .15 Inc Co.. .05 .70 Co .10 Hornblower A .10 Inc. .15 .10 A .70 Co. Inc. .70 Fay Friedrichs A .25 Hogle A Co. A Thomas .10 Corp Tucker, Anthony A R. L. Day Co A A Hilliard B. .15 Cartwright A Co American .25 — Herrman Henry Co, A Sweney, Inc.- Stone A Co Hemphill. .10 2.00 Co. , .10 Co A Inc. Co., Ltd., .30 Co. Inc. Swiss — Inc Mosley Yeatman, Sutro H. Securities .15 .10 .25 Ha' den, .05 .10 A Stone .05 A Sons Stieglitz__ A Co., Inc Stix Hallgarten A Co 1.00 Hallowell, Sulzberger A Co.— .05 Miller .10 .05 Nicolaus A Sutro Lros. Hayden, .15 .25 .., Stern, Lauer A Co .15 Partners .15 Meyer A Fox .70 Co.— Ellis A Anderson A Co, .50 .10 Grant-Erownell A Co Harris .70 Co._r__ 8tillman, Maynard A Co Marache A A .10 A Boyce 8tern, Frank, A Ripley .25 2.00 .10 Stern Brothers & Co Granbery, Harriman .10 Co.: A Staats R. .30 Co Stein Bros. A Gcodbody A A Co .25 Goldman, Halle A A 2.00 Sachs A Co.______ 2.00 Green, .70 Agnew Starkweather Co A Forgan F. Co._ .25 Inc._ Sons A Smith, .50 Co., A Co ,.10 Marshall Fulton A B. Inc Co.. Hague M. A .10 Michigan Corp.__— Nolan, Fleming-W. Folger. 8mith, Earney A Co. Smith, .50 Singer, Deane A Scribner 2.25 Corp._ Boston .05 .05 Evans A Co., I. .05 .10 Co Shuman, .10 .15 Corp 8hields .70 Securities Equitable .15 Co .05 Inc. severally Moseley Newburger .15 ; Corp. aggregate to Oct- 1. .25 Co._ E. 6%, Mullaney, Wells A CompanyW. H. Newbold's Son A Co. 1.00 Co A Cooley ♦8,461,000 substantially by 1965)___ .05 S. Paine, Weber, Jackson A Howard, than panies (including $1,817 cap. stock)_ Capital stock (pajr S15) aue ♦39,922,000 .30 .25 F. Pacific Hocker 43,908,000 : .15 Lynch .15 J 1960-1961) Minority 50.000,000 to A Moore, .10 —,— Co A Collins Julien J. Hemisphere): 8%, to Leonard .10 .05 Collins C. C. Hill 19581 (Eastern (33a% 1985) Purchase $">5.000.000 i payable to banks (1.85%, June Ctver subs, Inc.: 1958 Line Pipe notes due , EFFECT Mobil Term 000 company-had- its best year in the 12 months ended Sppt. .30, 1956, W. A. Thompson,, Chgirman, and Paul A. Appleby, President, an- GIVING .25 The Gregory the 1956 and an diviHmid o' 50 re"ts ner share. The currently offered will not be entitled to the dividend share declared ner CAPITALIZATION due Co.—Reports Recoid Earnings— are company kerosene. and shares cents bv share per additional Other Jan. 14 filed a letter of notification with the shares of common stock mo pari to be offered thout underwriting. The proceeds are to be used and oil marketed and DIVIDENDS—On Bedford. Mass.—Files With on w and diasel oil, The more important prol- .30 Model, Roland A Stone—___ A .10 Hibbs W^st, South West and Pacific areas. Inc. Paul J. Glore, Central Co., Co Newman $250,000,000. in are Milwaukee Mitchum, Jones A Templeton .30 the Middle East, Venezuela. Canada and Colombia. The company distributes petroleum p-oducts in most of the 48 states and in Alaska, the principal volume being in the North Fa t, production foreign Merrill, Turben A The .05 Foster of 2.00 Securities Corp 1 Burr, Inc _____ Ccggeshall A Hicks — Mobil's integrated operations include production, transporta¬ tion. refining and marketing of petroleum and Its products in the United States and various foreign countries. The principal sources the Exchange Commission— 12.090 share, in leader a .10 Fenner A Beane .25 A Eppler, Mobil, BUSINESS—Socony .10 Inc Coffin petroleum industry, has Eastern Hemispheres. net .05 Weir, Clayton Elkins, Term entire unit would vary according to said, hut the average cost" of sue a a building for the water in the plan, built on land if local con¬ S750.G00. Merrill Lynch, Pierce, .05 Co. Newhard, Cook A Co.____; proceeds from the sale of the additional shares will bo added to tho company's general iunds to be used for general co.Torata purposes, including expansion and improvement of facil.ties. . over be .10 A .15 F. PROCEEDS—Tiie a the approximately be is Inc._ (Inc. )_ .05 .10 Mead, Miller A Co._ Patton A Co Young, Corp._— Secur.'ties capitalstock. Notps Sea unsubscribed Subscription warrants have 181,000 holders of the company's the company. from due - extends as the company construction. Atwater Mr. would would could just constructing conditions, local development can aver-water of cost The - it brick. building main said prevent and glass by suggested tontcl the of steel, underwriters have agreed to purchase any shares • > sleek, ringle-floor building extending over th? water. Individual living ac¬ commodations for travelers will be located in this building, vv.icn wi{.l The > motor plans nrepared "to ?id and te muc'->rno",ed wamnw-idc facilities." Architectural plans are available at cost '32* to cities and . towns, Loatins of the Securities Act of 1933, The offering is being underwritten by a nationwide group of 257 irfvestment firms headed by Morgan Stanley & Co.- The passage Socony reject,"talpl'ms pnd a seal" mod*l prma-ed by Pavlecic A Kovaeevlc, Chicago architects, for Scott-At water, the boatel will be a modern waterside uevciopmcnt with several unique Among $199,278,000 represents the nation's second largest industrial common stock offering to stockholders since than verv Loewy Associates, H"e, new biggest Scott-Atwater's model.- 40-horsepower subscription rights expire at 3:30 p.m. (EST) on Feb. 19, 1957. The sale of the additional shares, involving more extensive, interests designers. nine motor's in tire company's 33-horsepower. Jan. .''the industrial leading Flans at . , ign work on the line was executed by Raymond There a changes, McLeod, .10 Clarke W. Curtiss, pany - f~r rpd<>*»int'«n :oi «^rch 1 ■r"aO 3% series, due March 1, 1975 at 100.51%," plus accrued interest Payment will be made at Tne Citizens .c Southern National Bank, 22 Bull St., Savannah, Ga.—V. 184, p. 2673. j The of .05 at day for the year 1956, and at the year-end was running about 173,000 barrels daily.—V. 184, p. 2489. of rate Socony Mobil Oil Co., Inc.—Stock Offered—This com¬ Redemption Power' Co.—Partial Inc._— West A Cunningham, further stated that the company's net production of liquid hydrocarbons would average over 166,000 other .. Electric & Savannah McKelvy — A Dodge Qo McJunkin, Co. Clark A .10 Co.___ Chiles-Schutz they were called for redemption—Jan. 3, 1957. and A .15 .30 Co A .15 Company Whiteside, W. McDonald-Moore —.70 Chapin E. McDonald Corp Winslow.Inc. J. 541,766 '• 1 Republic .25 .15 Co.__^ Inc._ Denton, National Chace, McCormick A .50 , Co A. .05 Co., Eros. Central A Masten .15 Co.__, A E. .15 Co A Inc. Mason-Hagan, .70 Byllesby A Co. M. Marks M. .15 H. 1C56—52 Weeks—1955 .25 .15 Laurence Marshall A .10 * .05 Co., MacDonald, A Irving Lundborg A Co Manley, Bennett A Co Sons lisle A 1.00 .•— .15 Co.— A A Slocumb A Rhoades A Co. Loeb, Mackall A Coe Co A Cabell Clark, substantially barrels per SI.156.722 inc.__ 85.'' ' Loewi A Co. Inc.- 2.00 A .10 — A Crouse .05 Carl M. .25 ;—_ Burnham Co.—: Livingstone, .50 ___:_ Sullivan Brown R. Co.__— .15 —J2.00 A Co. Co._____ A Richard sale Spencer oil crude $3,289,051 2,132,329 $ '4.4^9 ry. oper. railway oper. —V, 83,606,272 2.390,933 8. Ryons .05 Brown, year. per-share basis, a which on SEC 1956—11 Mos—1955 $314,063 203.994 $313,352 228,892 Lester, .30 Inc.— Bradford C. Alex. \ debentures, /'•* 1956—Month—1955 Brothers Simmons Co., Eranch, respective periods. The average number of shares outstanding in 1956 was greater by about 1,300,000 shares than in the preceding year. This was prin¬ cipally attributable to conversions of the company's 3V4% convertible Jan. 10 filed a letter of notification with the shares of common stock ipar SlOi to be offered End. Nov. 30— Legg A Lehman .70 , ' Inc. net income for the year 195G is expected pared with $6.01 per share on the average number of Savannah & Atlanta Ry.—Earnings— ~ A Inc .lo 2.00 Corp—__—__ 1.00 Higginson John C. .70 Inc. A Lee r .15 1.00 Co._l A .15 Co. A Central Company., Corporation and of'ti'Sandshell product line.—V. 181, p. 1779. Ellis Eosworth, , earnings will exceed by $10,300,000, or the derived There will be no under- < wdrking capital; for the': purchase of additional equipment; and for development $r\d marketing'' y .15 .50 — Corp Langley A Co Lfteard Freres 4 (05 V - —. Boenning A Co Sales Higher— $7,663,691 $8,625,731 such rata to shareholders at $7 per share. writing. ;>The proceeds are ot be used for V! Co. A Llyth $ pro •• Blair Brush, $91,000,000, an all-time high, P. C. Spencer, On the basis of these preliminary figures, on 15,000 covering .25 • 2,25 Laird A Company, W. C. .10 Co.__ Bisaell A Meeds Laird, „ v .50 Co._i___' Stearns A Co G. Becker & >Co. Blunt underwriting. JThe proceeds are 1956—4 Weeks—1955 184, p. 2840. Mr. The .50 North A ,Co.__ Eichler A Elair corporation on Jan. 23 filed a letter of notification with the $75,OCO of 7% subordinated capital debentures due Feb. Consolidated ; Corp., Santa Clara, Calif.—Files With Ladenburg, Thalmann A Co._ .25 Co.— A William Exchange Commission— Sinclair Oil Corp.—Earnings (Continued from page 12) EEC and Earnings for 1956 are exclusive of corrected Kuhn, Loeb A Co. CO.,t Inc. (Inc.) Investment News Sandshell $6,953,014 Finance Plan, Inc., Pittsfield, Mass. Sales 3- 1 . Barth Bateman, 2-15 dividend. A Burns . General Barret, Fitch, Bocttcher Period End. Dec. 29— 3- 1 - Baird Ball, Burge A Kraus___z covenng 3-15 25c was incorrect. The L« indicated here date W. Burke in date ' 1955 S ' Shoe Corp. of America—December tax. income Robert 2340. p. Kirkpatrick-Pettis .30 Co,—: A . ■Baker, Watts,A Co Baker, Weeks A Co.___ 424,235,756 3,458,844,493 3,223,266,123 1977 to be offered at par, without be used for working, capital. 1, to tax published Whipple .25 2.00 Kidder, Peabody A Co . .50 _ Bacon, 1956—11 Mos —1955 $ $ Securities The SEC 3-15 25c ' tPayable In U. S funds, icss 15% Canadian non-residents tax. tPayable in Canadian funds, tax deductible at the source. resident tax 15%; resident tax 7%. a 184, . Bache A.Co.^ A. 444,554,971 .15 .15 .30 Bear, '1956—Month—1955 .10 Kay, Richards A Co— A. M. Kidder A Co,, Inc.____ .05 -Red- Parker -A: .10 Joseph. Mellen A Miller, Inc. Kalman A Company, Jnc Lestrange &-Co.—__ Auchincloss, >• , $7,977,000 Period End. Dec. 31— $1.25 — __ year. 1 :— Bleichroeder, S. .10 Arthurs, This vol-" 1056 - and .05 . Kreeger A Hewitt- Jones, ^ . .05 Inc. 3016. p. Security 3-14 37'ic _i.___-i_._-i-. Youngstown 3heet & Tube (increased! Yuba Consolidated Gold Fields, Inc..— 133, With 2-1 4- 1 371/ic - r Strudwick & Arnhold > .15 .25 Edward D. Jones & Co._, .25 Inc and Space Jnc Co., .05 & -Co., Lane, - Johnston, Lemon As <Co. .30 .70 1- Brothers Ames Anderson Sears, Roebuck & Co.-r-December Sales Up— 1-31 (quar.)—"37'2C 15c - E. \ Heir Johnson, Company Allyn & Co., Inc.- Almstedt A. to $236^791,420, ago.—V.-184, p. 2057. - • year a & C. A. Sc .05 .05 .05 & Peck George D. B. Bonbright A Co. 2- 1 2-15' ——30c — Manufacturing Towne A date same Net- profit —V. 2-141-31 2-15 _ 30c Allen 3-20 - 2-15 5c .r,..— . class _A, <f.-a) Paine__— & operating charges__________j„ $17,477,000 $11,853,014 .^,560.000 _;-d,900,000 Sales 2-20 "" WyteX Oil> Proctor Adams J. r , Grubbs Kirkland, Jenks, 4.20 Abbott, -income on _—. 1 4- —1——___u—10c *r. Miles Co. (quar, — 10c- Wysong all after Taxes - - t . Worsted Wyandotte i __ xhe over . . ——'_____5.f_5z_l:i—- $1.12Vg (monthly) k 25c March 11 Profit ' *-% sh. plus this "" r - year. of last the $280,735,962 over ,3 Months Ended Oct: 31— ... rights: of exercise percentages capital stock additional the Co . - '• » of Stanley & *<Joseph EL) Seagram & Sons, Inc. (& Subs.)—Earnings r -V. 2-15 2- # , ■ - rise ?1% 2-15:. —. _ t ,^.x ' 1-31 ' 3-15 . 2-28 1 r*. .<3-15, 2-28 •. ... 3-15 -I; 2-28 ' 3-11 2-27. 4.40% '.preferred v _4-J5 . by Morgan 1956, receivables outstanding amounted Sept, 30, .-On a * • , $349,356,443 in credit during the provided ume - explained." report -.Seaboard 2- 1 ' v in " * for $6,716,804, up 25% was year conversion of prferred stock into common wa3 because the years completed 3-15 2-15 , recent .3-18 ,-:2-15 fiscal the preceding year. After deducting pre¬ dividends, earnings equaled $1.40 per common, share on the 4,274,452 shares outstanding as of Sept: 30 last. In the 1955 fiscal year, earnings were equal to $1.16 a share on the 4,227,456 shares then outstanding, after adjusting for the 2-for-l stock split on Feb. 3, 1956. The eainings Increase was made through larger volume and a more efficient expense factor which offset higher interest rates paid on borrowed money, the report said. Also, per share earnings on common stock reflected increases in net income4 to a greater extent than id 10-11,> ^ the for income ferred Co.->Incv common Wilson & • 25c — - shares has agreed to sell to them, indicated below, such of as shall not be subscribed company in the the S5,3-77J16 earned in from (qiiar.)-——-15c 3-15 . 3- 9 .(quar.).—.-—25c '5-1 4-12 1——V -I 25c;r >8-1' V £-12 • " I; 2-15 3- 1 2-15 net purchase, and the the respective to severally, / Consolidated 1-31 '1-28 1-25 1-25 2-15 2- 1*. 1-30 agreed report to shareholders. Earnings receivables -outstanding reached new annual the volume .and high. 1-17 2-15 -2-12 - 2-15 Dental S.) Oil Wilcox i' 2- 1 (quar.)_, 30c (quar./ 11c Mfg. -.quar.) ——40c White Stores, Inc., common (quar.)_— 15c 5convertible-preierred (quar.>_„— 343ac Whitin Machine Works ••(quar.-) _l-^__..^_'_; ,33c Wilcox & CJibbs Sewing Machine <s-ai —_ 10c White Gas Propane River Wnite in 10 share, common per Payable ©/ Bee. Share Insurance Fire Westchester - nounced^on -Dec. Holder« When Per . _ Com-pany Name of , 51 (655) The Commercial and Financial Chronicle v.. Struthers A Wulff. Hansen A Co Yarnall, Biddle A Co .05 .25 52 The Commercial and Financial Chronicle (656) Southwestern Bell Telephone Co.—Earnings— Solar Aircraft Co.—Jordan on Board— 21 Jordan, C. William Jan named was Federal Curtiss-Wright Corp., Mr. Jordan was Execu¬ tive Vice-President of Hughes Aircraft Co. until mid-1954. He is Chair¬ man of the Board of B. M. Heede, Inc., New York; President of the Seymour Tool & Engineering Co., Seymour, Ind.; and a director of the Lagonda National Bank, Springfield, Ohio; Summers Gyroscope Co.. Sauta Monica, Calif.; Carter Laboratories, Pasadena; and Franklin C. Wolfe Co., Los Angeles Airways, and Longren Aircraft Co., all of Los Calif. Angeles. fills the Jord8n Mr. vacancy 134, 1957, p. ' ; , management, The months ago, some 31,970,338 300,774.362 82,616,826 taxes_„ 3,504,626 3,203,325 40,051,032 37,646,942 income charges 7,550,980 7,208,639 85.349.384 77,171,043 7,242,603 6,640,827 80,193,595 71,678,183 1956—Month—1955 $2,430,150 _ —V. 53,977,541 alter 185, 184, 1956—10 Mos.—1955 $2,538,568 $16,429,603 $15,919,181 2840. p. Stewart-Warner The Announces Corp. The Service Public Co.—Offering Oversub- 30) to A total stock amounted to 134% common of the (which expired Jan. stockholders and employees of 291,967 common shares of The announced that sub¬ its offering on 284,622 shares being are to second New Electronic tary who subscribed for 384,216 shares, and 7,345 shares are being issued to employees who subscribed for this amount.—V. 185, p. 384.— . *• . holders, and and recently been „ electronic other the data the written and •; unit processing the meet typical which require- organizations.' experience Division—is governmental for * to business describes system, drawings, images. particularly Electronics other have facsimile pictures, visual developing, third—which of new a which Datafax new other advertises is Stewart-Warner warrant and brochures Division. the transmission industrial of The three Electronics material, company ments of the issue. issued its describebs electronic printed , by first issued has company published 86. p. scribed—This company on Jan, 31 of board the 28,816,237 326,776,110 6,841,899 scriptions received . to recommended 489,569,888 rapid Santa Fe mill and sale of the other assets, the company said: the proposed with 534,793,352 operating —V. Porto Rico Sugar Co.—Sale of Mill—In connec¬ South tion 46,070,100 Sales 7,411,685 operating Net ,' . $ Products— industrial » Period End. Dec. 31— s 50,437,629 Southwestern Franklin Hatch, New York Sterchi Bros. Stores, Inc.—December Sales Off— 1956—11 Mos.— 1955 $ taxes Net the Solar board of directors caused on resignation of .E. Income Other . by the recent consultant.—V. 1956—Month—1955 Operating revenues Operating expenses the Board. former president of A End. Nov. 30— s company, Chairman of by Edmund T. Price, nouncement this of Period manufacturing executive, on according to an an¬ aircraft pioneer director a Monday^ February 4, 1957 ... and Intended agencies.—V. 184, primarily for of mili¬ 2058. p. Swan-Finch OH Co.—Unit Sells Keta Firm— See Doeskin Products, Inc. above.—V. 184, 2787. p. * 3) ■ . • v * . amount of sugar directors that consideration be given to increasing the the Dominican subsidiaries. This program was approved result the first planting of approximately 6,600 acres out of ■and as a 18,000 acres of new estimated total of an Division started. been has « in land cane • , Sovereign Magdalena our . Total this program was a —V. Xt Quarter Ended Nov. A Profit Net IRico these new all from for the canes 12. Jan. on 1957 import duties and taxes for such installation well as it from 50',/ -exonerating income taxes) as a, the of a strike volume profits a year The ties company filed and Exchange of 1935 pany Act but ized its <►# on unissued the basis eliares of 13, stock, common stock of share one stock common Jan. This of with the Securi¬ and $5i, and (par to offer to the holders stock common record the at close for each on $10 of 1957. such to company underwriters for purchase' any shares not subscribed to stockholders ■connection and with shares, their for purchased stabilizing activities. services as by the the if Pacific for transportation services. by pany's We have to have rate offered "Even to a volume good declared, "SP's investment freight to should to provide make to The all hurt •in a at the The the over coming not the give Mr. net share, World War fair interest return rates, on4, funds continued, freight as volume held up last SP continuing is services amounted year and, the ' if the 1956—Month—1955 19,292,080 " : dary offering of $2.50) shares net on expand upon to $54,364,274, investment and improve realistic a losses ixom 12 Months Ended Sept. 30—'* Gross earnings - • ■ The ; 25 ' It or Net 1955 *> was have share. Standard has averaged rate Income Profit from Ended sale before of Nov. goods 4,895,000 $2.60 income Profit ♦ transportation the for 1956 ■ taxes on. and state some interstate commissions haven't yet granted wage boosts of wage put. in effect in 1955. Applications increases are pending." to been to include 8192.938 *103.004 taxes.—V. 184, increases the cover to 1956 cover round nounced Mr. Mirroring the rapid development of western nn^US/'nes loca,tlnS alon8 SP's in new 5*30 000,000 plants, ♦rack service was about number about ot large new to 1.5 This were five more 1.2 sales and and tnan w^?,nVersidiesel then can iwfore^he e'nd expansions more cur that programs. 1956, approximately plants requiring spur plant investment though the actual even declined from an of average Southern In 1956. and cars Pacific the continue railroad remaining steam locomotives for put "Complete dieselization peak $89,934 Pacific toilers IZZvirl on fifty of the may be realized to reduce impacts on fragile still on number SP and by 4 ^ director a of of the this company 'was of in the resignation Ferro on of Corp.—V. the The Standard Robert 184, of A. SP cars, to be oohsldering gp.lr!ulU *%of Standard-Thomson built further company Vandalia, show quarterly a April increases Dec. this discount of radio will be R. of growth Products Weaver, occupied by the Leland Machine & Foundry Co., he said. not disclosed. President, Electric Cost of board Chairman announced. Co., the a shouid. of to limiting 40 of cents of the KOB KSTP, by be loadings. this moved Clifford will be extensions "»'«««*• »"d of the -outbfrcstcra will "Under should on Boston. its show In sales continue the of new and Inc.. to Co., a operate integrated a of present manufacturing the division 150,000 Co. stock plant Corp. plant Mass. setup. Waltham. Standard-Thomson substantial growth and earnings for 1957," fiscal year ended May 31, 1956, the company which Mr. Webster 13-week strike in April, attributed tile of the •; civilian Beard, exceedthe established lines, stated that records in. 1955 of despite a share. It was com¬ Inc., KOB-TV in Albuquerque, N. Minneapolis-St. Paul was of Time, owners, loss.—V. May 184. p. Inc.. Communications and Co. conform with five to Inc., Wayne and Commission. the said former a The sale sale of Is " ; * M,, an¬ Coy, would KOB thp' F.C.C.'s multiple ownership regulation VHF stations. to buy for $15,750,000 WFBM-AM-TV in in Minneapolis and WOOD-AM-TV in agreed has been Eisenhardt by prior Title to elected was the a & of Title of Abstract acquisition Guarantee Treasurer and trustee a director Trust in & January Co.—V. • of 185, & Trust Insurance Corp. 95'> p. Buffalo the of Guarantee Title of its capital 385. American foot Standard-Thomson at Mr. (Buffalot at facilities of square Mr. Trans-Gulf Offshore Drilling:, Inc., Houston, TexasRegisters With Securities and Exchange Commission— This Jan. . group be. to share. to Dec. 31. and June of 2122. 1957. The a per The to and Ben izers, which to in issue organizers S. equal to its with the SEC cents 25 par common. on agreement they are provides are that required to Drennan O. law in if on the the underwriters purchase all thereof, Dec. 18. coastal 1956. It waters of Wade (President), Douglas Flynn. Harry J. Chavanne (Board Chairman) Robinson. Trans-Gulf initially issued to these organ¬ William they statement of was organized under Texas conduct drilling operations Its Wade, shares per underwriting Trans-Gulf proposes Louisiana. registration 700.000 of the stock is to be made by an underwriting by Dallas Rupe & Son. Inc. The offering price is share and the underwriting commission 30 cents headed $2 filed covering offering purchase any of the shares, W. the official corporation 24, stock. Webster lost $680,839 The company went on a calendar year as of Jan. 1, 1957, and will report a net loss for the period from June 1 to saw Title Guarantee & Trust Co.—New Director— ' its plant The said, 1956 > sales Albuquerque Broadcasting Fedferal WTCN-AM-TV Savings Bank, $13,600,000. The company was hit by a 1955. over power Rapids. Mich., from Consolidated Television and Radio Broad¬ casters, Inc., subject to F.C.C. and stockholder approval.—V. 185, p. 190. the division located at Vandalia will .vacant plant formerly occupied by its of record Grand . division 1957. ' or , per and the joint recently Indianapolis. of parts into Mass., Manufacturing Clifford said. Spring to instrument of Increase^— ( approval. company a Time, making the announcement. Mr. Webster stated Standard-Thomson is currently seeking a 40,000 square foot facility in or near the Dayton, Ohio, area for the manufacture of its commercial products. aircraft Sales into equal respectively to 10 President enable Time to In The holders to approximately 15'/" reciprocating blade pattern Royv E. Larsen, President of Time, ' Corp.—Sells Vandalia Plant— Webster, N. net its dividend common 1957 1, 21;, Wright station cash Jan. on F.C.C. Parker has completed negotiations for the sale of Ohio. increase approximately 50in production under defense contracts. of 2058. p. should . 1951. created outstanding during the purchased In companies 385. p. $937,407 subject , an¬ ' of Board shares that $1.74 or beginning of company declared earnings and sale is who Director— a Reiif, President. S. Chairman vacancy the and ,fla^cars designed for piggyback service. Southern t^-,nati0" s railroads last year in putting 70,000 truck ff J. as of non-textile the the payable 185 on of $1,500,000 nounced 1800. p. was «^'LaoditA,?naJI 2'000 refrigerator cars are on order bv the jointlvfftT hfliinni fCrIrUlt Exi)fest;- 200 belng "super-giant" mechanical cars line in January goods' Fust of these rolled off the PFE assembly One-hundred bv board into of Institute by is Appliance a directors The during use , Research fills He 231 diesel units. ,r.hls year' sp listed 10-8<53 more cars ,ra* r°ad s own shops and outside builders—a % betng the hydra-cushion freight cars developed by Stanford k Sigmier 21 Dec. on Sigmier join Farker its Power will approach completion this spring, units, bringing its total fleet to 2.000. 'We S1958 of In of C. all to Raymond F. Eisenhardt. Vice-President requires car with reserve investment, 3,000 new freight d.livery of 8b lines. expansions C. number \ announced $6,500,000 approximately Time, Inc.—Radio and TV Stations Sold— The Appliance Co., and previously was in the banking business in Cleveland for many years, resigning as a Vice-President of the Cleveland Tr.ist Co. to by SP's shippers. That 1955 day. a growth locomotive service the locations about industrial or announced times industry is the number of Election were 1956— 29, Jan. on only increased greatly in domestic markets, but have rise in foreign markets as well. .The company expects Chairman Standard Products Co.—Sigmier Elected inadequate Share in a Board, $4,661,636 110.776 $93,454 income the pleted.—V. 183, p. 1413. for State in States Natural Gas Co.—Secondary Offering— secondary offering of 200.000 shares of common stock (par $1) was made on Jan. 30 by A. C. Allyn & Co. Inc. and Metropolitan Dallas Corp. at $6.75 per share, with a structure. have $270,840 Three ' increases rate included share per- point up this increase in the Thomas, President and Chairman of B. dealer's $204,230 income.- quarter__: Reclassified not , 'Unfortunately, SO.34 A 1955 • $4,630,020 ; Provision for Federal and state taxes . quarter to corporation manufactures'Moe Light and Star Light residential lighting fixtures, the Wright Power Saw, Electric Sprayit portable paint spraying equipment, and bathroom cabinets.—V. 184, p. 525. [ $4,769,997 $2.61 services and was shares The Earnings Higher- 30— of that 29 lines sharp a reduction 3,307,685.' $4,853,950 /„!_ Milling Co.—Net Months - first further To Lee 12,094.472 ; . year number "of same Industries Ine.—Civilian continuation a ~ 4,763,000 ___: __— stock the year and that operations disposed of in 1956- were eliminated; have been tar excess of $14,000,000 for the believe announced shown $25,067,154 3,441,983 (estimated)__ profit Earnings per common —V. 183, p. 2080. of would 1957.—V. civilian sales (par 13.289,284 tax shares v the on equivalent average share, per 15, Thomas " secon¬ stock 1956 i__ income 795,042 period of the previous same this for ior-1956 Jan. on cents March $26,348,217 Depreciation * that the consolidated * , gains, textile directors therefore, Subs.)—Earnings: Expenses of each ■ based assuming that acquired prior earnings ,818,518.508 ■ . 16 announced working capital In 1957 through retained earnings in Older to provide for the increased requirements of its expanding business. They -have; $ common (A. E.) Staley Manufacturing Co. (& ? i year. made on Jan. 30 by Kidder, Peabody & Co. share, with a dealer's concession of 85 cents share.- It was completed.—V. 184, p. 367. per the on been per $36 alf 121,885,191 . Offering—A of share, taxes earnings had proforma was at - 10,000 * . Products 1798. p. for 4 Chairman However, ail - $ Electric €o.—Secondary y , Gas consolidate corporation and its subsidiaries for the three months the first quarter of the present fiscal year,, after year. redeemed 129,949,934 ' " to 1956, capital 1956 $ Natural loan Corp.—Earnings Increased—, $1,703,939,-or $2.14 Little, share per issued be to 1956—12 Mos.—1955 $ 138. * preliminary , exchanged preferred stock is of the redemption price. ' * develop¬ ' long-term bank a Textron, Inc.—Earned $1.74 Royal , payment ' 2340. p. Sprague Three ' H required . 30, to income All System and its solely with $56,245,672 and $6.22 a share return our ability to dependent entirely ' ; shares Transportation compares only 3l/2?fi," Mr. Russell commented. "This narrow margin of earning Is entirely inadequate to permit absorption of rising labor and ma¬ terial costs. Capital expenditures of necessity must come eventually from earnings. "Our not are . 19,464,020 184, Federal the II, capital, company, Sales 1955. "Since which over ' Tekoil's common agreed to purchase from debentures and common the to on the outr common stock, resulting in a net operating income of $1.80 share for the three months ended Nov, 30, 1956.—V.* 184, p. 2674. per & Oswald, commission to $7.50 a stock standing stock. 10 4,000 common * accelerate t.o arrangement with El Paso comparable figure for the Net Clowes . for for all each Tekoil expand waterflood programs already * underway* Malicky fields of west Texas and in the East consumniated of the Nov. nonrecurring Spiegel, Inc. (& Subs.)—December Sales Higher— Russell declined. affiliates. This stockholders exchange offer. with and for and Smart, by also. has unit per securities debentures sale unit per underwrite)* $92.50 such the public the 200,000 option an Illinois. $1,075,658, or $1.35 per of stock outstanding. country pointing year, of he income The on proposes preferred purchasing : expected Oxley, President, on Jan. amounted 1956 reasonable ' of for * —V. com¬ facility and equipment improvements the expanding requirements of our ahead 1956, Pacific's $6.0.1 -controlled in income net Southern -©.bout of keep y-. pinch but simply will attract, territory." well traffic-in The income net required necessary we of unit of $200,000 convertible to 1ms to and of is present indebtedness.—-V. ended consisting of $100 of debentures $545,300 of the debentures and offered in exchange for the 54.530 cumulative is acquired , 1972, 1, company and field addition its each be 5% $100 The par. March association outstanding. SEC •» ' stock. to one $1 due the Co., also Texas Natural Gasoline ■ relief/' capital investment program will be about $20,000,000 less than the railroad's record capital outlay in 1956, Mr. Russell added.. * for general business of debentures with 'r stock,-,; that , statement Gas Lehn-Apco John T. Gr/o units its of at to the to in are The ; 1957 IGven with predictions substantially stock, common Period End. Dec. 31— ' heavy im¬ provement expenditures," Donald J. Russell, President, .said on Jan. 28, "costs of operation have risen far faster income. -of believe probability that above the second 2696. p. registration a offered at the - with the economies produced by our previous than quarter. to the proceeds of the sale of debentures and common stock to the will initially be added to the general funds of the company to be available for its general corporate purposes, including Co.—Has increased next reason Natural Paso the three-year period, Mr. Davison said. Tekoil Co., El common of program the In the Net railroad, than it would like to spend to meet public demand ^the with and an Centerville heavy our delivered ;y agreement, El Paso additional 150,000 shares of new ment in Underwriter 185, p. -489. Large Improvement-Pro¬ gram—This company plans to invest about $110,000,000 in. capital improvements in 1957—a lot less, according to the be to company working Southern 183, be of part not every one, profits of Tekoil's terms next The expectations due mill was tied up Second, until 1,209,810 "Operating Calif., were reflected will said. previous period. $745,300 shares underwriter, pursuant in any, the 3 to quarter be common shares are stock offering of of underwriter. the agreement the company, also 'V. See -and result of a $37.71. 1,209,810 Beach, data, there is will be a good filed par, at the rate preferred stock. Inc., company proposes publicly to invite bids for the underwriting additional common stock, such invitation to request proposed underwriters to name the amount of compensation to be paid by the purchase Exchange Commission— securities shares common shares the 1© the quarter covering these two outstanding The ■of and shares 14,906 10,906 13 business of of ago."—V. 1957, offer to the right to subscribe for such shares of Jan. on come Long first not. second corporation 29, and 25, the additional held 1957 Jan. Public Utility Holding Com¬ 1,507,304 shares of its author¬ on under to issue common outstanding March application an Form U-l $16.64 net Financing Plan "With SEC— Commission on $17.05 Under Sperti Products, Inc., Hoboken, N. J.—Registers With Securities fSouthern Co.—Files v/ill current the not the the 1956-1957 year in quarter production and other taxes (but not from the new cane ground at its new during upon fiscal profits new company a of .__ outstanding did First, portion therefrom "Based the for subsidiary shares $0.32 , President, quarter sales owned 802,405 390.405 $37.68 shares - W. H. Davison, President, on Jan. 28 announced the completion of negotiations whereby El Paso Natural Gas Products Co., a wholly- " $22,645,727 $0.14 share Kellogg,'* Jr., by 1955 . 169.049 share per factors Way for Expansion— 340.049 ; _ current first several 489. p. the 1956 . taxes assets per Howard , for company 20-year franchise to the shire Life Insurance Co. $175,000 of 25-year first mort¬ gage bonds. ; > , !' > 1 /, <•'••• \ " - * 24— share of to exoneration equipment and materials required new worth basis the Dominican Gov¬ crop, the to on sugar produced on crushing mill.—V. 185, 1958-1959 granted current On subsidiary, Magdalena Development Corp., has been formed to new lands mentioned above. In the event that South Porto Sugar Co. decides to install a crushing mill in the Magdalena area to Handle " taxes after per Net the ernment " - $24,290,647 before profit Net new plant / •_ Earnings Co. Sugar Tales Net retains) during the 1957-1958 crop, and It is expected that approximately $2,500,000 will be expended for this pur¬ pose. Some economies are expected to materialize as a result of this move. The Dominican Government has granted this company exonera¬ tion from all import duties and taxes on equipment and materials required to increase Romana production. Rico Porto $12.54 4 > / Tekoil Corp.—Sale of Stock and New Bank Loan Pave to increase the production of the Romana mill so that the cane from the Santa Fe northlands (which South grind $12.63 share per 2674.' p. . 1955 $1,587,894 Spencer Kellogg & Sons, Inc.—Earnings Declined is planned can 184, 18%— 1956 1—._*,•. $1,872,936 ; net asset value Net recommendation that the Santa Fe and its batey, the installations in the San Pedro de Macorls area, and the Santa Fe southland cane and pasture areas (approximately 12,000 acres) be sold. The sale of these assets to Azucarera Haina. C. por A., at a price of $2,500,000 payable in instalments over a period ending Dec. 31, 1958 was concluded on Dec. 31, 1956, and the properties will be turned over to the new owners on July 1, 1957. in included Investors, Inc.—Net, Assets Up As of Dec. 31-— ' , miri it Sylvan Lake Telephone Co.—Private Placement—The company has arranged to place privately, with the Berk¬ by produced • \ organization H. proportions, 466,470 shares of its common stock, for paid tha sum of $177,900. The company also proposes limiieu group of associates, relatives and close friend? a Number 5609 olume 185 The Commercial and Financial Chronicle ... organizers 105,000 common shares for $178,500 and to issue and contractors bti.Xod snares lor $iou,000. Assuming sale of the 700,000 common shares to be offered to the public, the suppliers e invested $1,400,000 and will own approximately outstanding stock, while the organizers and such er persons referred to above will have invested $506,000 and U own approximately 48.52% of the stock. Such organizers also 11 purchase subscription warrants entitling them to purchase 320,000 mmon shares at $2 per share, exercisable at any time after Jan, 1, 58, and on or prior to Dec. 31, 1959. Dr. Wendell H. Nedderman, e of the directors, will purchase similar warrants entitling him will public e for two issue will 55,000 All such warrants w7ill be purcovered thereby. The company warrants for the purchase common shares. cents for each share 10,000 purchase ased so have the of .48% underwriters similar the to shares. common the net proceeds of its financing proam, including bank borowings estimated at $1,868,000 as follows: 5,000 for expenses incident to registration of the common stock; ,537,000 for moblie drilling platform; $254,000 as allowances for Trans-Gulf to proposes use $235,000 for six months advance yment on bank note; $225,000 for 90 days cash operating expenses; 5,000 for organization and operating expenses during initial period, a $223,000 as safety surplus funds. calation charges; contingency and Other for from Sales Net 1956 1955 products (bbls.) 43,825,971 52,291,740 67,338,694 Expenditures for property additions and replacements $9,072,554 Refinery Sales (bbls.)__ of crude oil runs crude of oil shares The 184, employees nance and ars, and was Government. According to Victor H. Ethiopian Airlines, the government of ajesty Haile Selassie will match this U. S. figure with perial Harrell, Jr., Ethiopian Manager of eneral nds 'of men Ethiopian the link elp.—V. the for overhead ircraft, with contract ICA The 185, trainers, p. 86. TWA will cover TWA will send purchase of training students and clerical concession, filed a r letter of notification covering 30,354 shores of common stock (par $2.50) to on the basis of six shares for each share stockhoidets The sion property purchased concession which for development ox pay with the be oifer.d held at $5 to be used With SEC filed a registration statement with the SEC on Jan. 29, 400,000 shares of its $1 par common stock, to be public sale at $5.50 per share. The offering is to be "best efforts" basis by a group of underwriters headed This company covering 957, lfered ade for a on Allen & Co. Underwriting terms are to If all the shares are sold, the company & Co. and amendment. las agreed to sell to the greed to buy, at a price o purchase 67,500 common y Sutro e supplied Bros. by underwriters, and the underwriters have of 10 cents per optioned share, options shares at $5.50 per share at any time n or before Feb. 28, 19t'2. If less than all the shares are sold, he number of such options will be reduced proportionately. Ulen proposes to change its name to Development Corp. of America t a meeting of stockholders scheduled for Feb. 15, 1957. The company's present business consists principally of the operations >f its wholly-owned subsidiary, Acorn Paint & Chemical Co., Cleveand, Ohio. It also retains 50% of the capital stock of Athens ater Co. and $7,019,000 principal amount of 8% sinking fund onds of National Economic Bank ol Poland. Net proceeds of the resent financing are to be added to working capital for use irincipally in connection with the expansion of the company's ctivities into the real estate field.—-V. 182, p. 2177. SEC The Jan. on 23 the announced issuance of a stop order sus¬ manganese proven estimated least ten years the company's current as will needs. Corp. In the 1951, uranium purchased company Rhodesia, Southern and extensive then since properties mining in chrome has it the added Colorado properties in its vahadiumarea.—V. 184, ore to Plateau accompinying the order the Commission lound that the registration statement, which had become effective in July 1954 and was amended in August, 1954 to reduce the offering price of the warrants, contained earnings figures which were very substantially inaccurate and misleading. It found that a profit of $49,000 shown for the six months ended March 31, 1954 was at least $900,000 in excess of the amount that should have been shown. In contrast with the $49,000 profit figure shown for those six-months, which was unaudited, an audited statement for the 12 months ended Sept. 30, opinion an shares prepared after the 200,000 showed a loss of $3,324,724. 1954, found Commission The adjustments unwarranted of stock sold, overstatement was the result of omissions in registrant's books which and a deliberate been profit the completely unrealistic picture and were design to present optimistic figures rather "produced had the result of a than the exer¬ judgments." It found that improper made to cost of sales, estimated profits from a few selected contracts in process were improperly in¬ cluded in the profit computations, and necessary reserves for iosses were not provided. Although a cost system had been set up and written into the company's books, the books were rewritten to show costs of sales computed on ihe basis of a formula which resulted in lower costs and a resulting higher profit figure. The Commission found that the formula used, which was based upon experience in 1952, were unrealistic in the light of subsequent experience and major changes in the nature of the corporation's business and that its use was "beyond the limits of any reasonable judgment and can only be explained by a desire to show a profit." The opinion noted that much of the questioned action was taken by the corporation's then management contrary to the suggestions of the Controller and his assistants, with most of the adjustments being made pursuant to the direction of the Financial Vice-President who knew the true situation, and that the President was informed of the corporation's financial difficulties and was charegable with knowledge of the accounting reasonable of cise downward adjustments had been operating losses. Varian Merle Vice-Presideiit-Finance, 22 reported Jan. on 52% a last .year. The firm's first $2,685,000, with all of the division contributing to the higner volume the over major product areas total $1,736,000 for the past year sales. sales in service and for period the same was made division compared to $5*4,000 for the same quarter last year. Mr. Zinser said the first significant income from Varian magnetometers is represented in the $788,000 total.—V. 184,,,p. 2490, after also 1954 31. March found were that also the not large operating losses entailed disclosed. Data available prior showed losses of which the Commission held the management was chargeable with knowledge. Similar data given the management prior to the effectiveness of the amendment in August, 1954, showed losses for the preceding to the in time the registration 1954 June, and May statement become effective totaling over $485,000 June and July totalling over $800,000. The Commission also found that falsification and the The of the six not material because Ultrasonic was a "growth" investor would be influenced by past earnings. It were no for necessity vestors will thereon.—V. be the is involved. in 185, proper profit position a p. to company stressed and form 490. Underwood Corp.—Introduces new New Product— portable posting this New York— organized was under Delaware law Recently it entered into an agree¬ whereby, upon the acquisition by title to 100% of these mercury deposits, Columbian Carbon will pay the Venezuelan company the sum of $35,000 for an eight month option to purchase the said mercury properties for the total sum of $250,000, plus certain royalty payments for the life of the concessions. Part of the net proceeds of this financing will be used to pay (he $28,500 balance of the purchase price of the mercury properties; $50,000 will be used for the payment of certain current obligations; and the balance of the proceeds will be expended for exploration Venezuelan (he Company of concession working for and Co. Carbon Columbian with ment capita],—V. 180, 2022. p. ers Faris has announced company, Jan. on 29 that 'R. Arnold Jackson has a director and August Vice-President in charge of Sales, President elected been Board and Chief Executive Officer Russell, Chairman of the R. this beerji elected Russell Mr. and Jackson. Mr. addition F. Guckenberger to month by this corporation to new director and Advertising Jackson had been Executive Advertising. Guckenberger joined directors in Vice-President 1952 after having b*en Executive Food Merchants Retail Association new directors elected In addition had been addition to since 1940, has resigned. President in April, continued products. in charge of Sales Advertising Man¬ Secretary of the New York from 1941 to 1952. the Ward Baking Co. in The directors of the Mr. State of retirement of E. A. McLaughlin, who has company in developing new sales outlets for Ward the ager a board assumed the title and duties of Board and General Manager temporarily Chairman four of Nicholson, the the upon Mr. and Frank G. Russell Mr. in 1956. election the through enlarged that announced also to as Mr. .Jackson, were; the New York Stock Exchange who also has been closely associated with the commodity and baking businesses, Mr. Coleman is Executive Vice-President and a director of Federal Sweets and Biscuit Co.; Executive Vice-President and a director of Franconia Paper Corp.; Vice-President and a director oi Lodi Trust Co., Lodi, N. J., and a director of the Bank of Passaic & Trust Co., Passaic, N. J. David Coleman, <li firm of t2i Calenian, R. director Kunn, Parker and senior partner In Fagan member & Co., investment banker who was Vice-President, the executive committee of First Boston of prior to his retirement Harlem Savings Bank. in 1955. Mr. Kuhn is a trustee of the William Renchard, Executive Bank. He is a Governor S. America. >4) Theodore C. Streibert, Director of the U. S. Information Agency, ( West competitive underwriting terms are to be Penn's subsidiaries made gross about $171,000,000 and giws expenditures for construction retire¬ duriry estimated at $101,500,000. To carry out theit construction programs, the subsidiaries expect to use their cash resources1 and proceeds from the issue in 1957 of about $34,000,000 of senior gpcuj'jtjes aqd about $14,000,000 of. conimpil. stocks. ^ West Penn expects to purchase about $)3,400,000 of such common slocks with the proceeds of this financing.—V. 185, p. 86', '. ' i'" ' ' ' 1957 1958 and Westcoast are ' Transmission Co., Ltd.—70% of pleted—Financing Details Also Line Com¬ Announced— said 70%. of its 650-mile line completed,' this company in its first annual report that it expected to bo exporting 300.000.000 cubic feet of natural gas a day to U. S. markets Reporting 24 Jan. initially early fall. Gas will be taken from the still-growing, Canadian Peace River region in Northern British this fields of the producing Columbia Alberta.. and will provide aud Canada at the international Columbia for Pacific Coast Pipeline Corn, Northwest British and State pipeline to be built in Canada, Westcoast the first important interchange of natural gas between the United States. The company will sell gas to Pacific pioneer major gas the As boundary of Washington arid other major U. S. inm'kcts. maximum The capacity of the of natural gas per cubic feet day. 30-inch main line will be Its system will include a 660.000,000 $40,000,000 plant at Taylor, B. C'., that daily will produce initially 300 tons of sulphur, 1,560 barrels of aviation gasoline, 1,700 barrets of motor and die:,el fuels and 500 barrels of propane. In his letter to stockholders, Frank M. McMahon, President, traced seven years of activity of the' company that culminated in the last 18 months with authorization from Canadian and U. 8. authorities processing constructing for tne April 23, completed, On was pipeline; the initiation of its in excess oi $170,000,000. building, and the for financing arranging further went on to say in part: 195G, the final phase of $152,430,000 initial while during December, 1956, arrangements financing were com¬ $18,200,000 additional financing. The initial financing of Westcoast. which was concluded on very satisfactory terms for the company, was the largest private financing arrangement in we»stern Canadian history based entirely on the merits of the project without government guarantee or subsidy. First mortgage pipeline ootids, at an interest rate of 4%%, to the total value of .$83,000,000, were sold under purchase agreements to the following institutional buyers in the United States and Canada: Metro¬ politan Life Insurance Co., $40,000,000; New York Lite Insurance Co., $15 000.000; The Northwestern Mutual Life Insurance Co., $11,000,000; Sun Life Assurance Company of Canada, $3,0)0,000; The Lincoln for pleted Insurance Co., $2,000,000; Provident Mutual Life Insur¬ Philadelphia, $2,000,000; The Royal Bank of Canada. Connecticut General Life Insurance Co., $1,500,000; The Manufacturers Life Insurance Co., $1,400,000; State of \/iscor-sir» Investment Board, $1,000,000; Massachusetts Mutual Life Insurance Co $1 000,000; Tho Great-West Life Assurance Co , $750,000; Conti¬ nental Assurance Co., $500,000; Trustees of the Pension Trust of Bethlehem Steel Corp. and subsidiary companies, $500,000; Confedera¬ tion Life Association, $300,000; The Crown Life Insurance Co.. $250 000; The Independent Older of Foresters, $250,000; The Im¬ Life National ance of Co. $2,000,000; Canada, $200,000; The Dominion Life American life Assurance Co., $100,000; Co. of Canada. $100,000; and Ihe Mutual Canada.. $5(;,000. .... The following United States banks provided loans to a total of $19 000.000 evidenced by 3lu % notes; The First National City Bank of New York, $10,500,000; Mellon National Bank and Trust Company, $7 500,000; and The National Bank of Commerce of Seattle, $1,000,000. The* Royal Bank of Canada provided $10,500,000 through tlic pur¬ Assurance Co. of $100,000; North Life Assurance Life Assurance Co. of life perial Assurance The Co., National debentures. subordinate debentures of the company were sold to a United States and Canadian financial houses Eastman Dillon & Co. (now Eastman, Dillon. Union Securities & Co.) of New York. Principal Canadian underwriters were Wood, Gundy & Co. Ltd., Nesbitt, .Thomson & Co. Ltd., and Norman R. WhlttaB Ltd. The total amount of subordinate debentures sold in units wlla three shares of capital stock for each $100 debenture was $23,5.5,000. chase The Vice-President of Chemical Corn Exchange of the Bond Club of New York and Secretary-Treasurer and member of the Executive Com¬ mittee of the New York Group, Investment Bankers Association of «3i past five years additions of $23,000,000. Cash Mr. McMahon Co.—Jackson Becomes President—Bank¬ Elected to Board—Record Sales Reported— Ward Baking price property of ■ has no earnings history. company a machine, the Post-Master 92, was introduced 500 company salesmen con¬ vening in Hollywood Beach, Fla. Designed to post simple records such as accounts receivable n»- ac¬ counts payable, the Post-Master 92 will sell for approximately $1,000. All electric, the new posting machine has a 10-key keyboard anu two A America, Underwriters will be selected by the During ments on Sulphur Corp. earlier of in 1954, for the purpose of acquiring all of the Issued and outstanding capital stock of Venezuelan Sulphur Corp., Compania Anomima. The latter was organized in 1952 under Venezuelan law for the pur¬ pose of the exploration, mining, producing, refining and selling of sulphur and other minerals, and the acquisition of concessions relating thereto. Its principal assets include the concessions, denouncements (mining claims), and applications for exploration permits relating to sulphur deposits in Venezuela. It also owns an 80% interest in denouncements to certain cinnabar (mercury) deposits. The Venezuelan of period will end March 14. bidding. The subscription supplied by amendment. . Venezuelan months" rendered misleading various representations that was expanding and appeared well established. rejected registrant's contention that the earnings also loss figures in order that "in¬ their own judgment as to their materiality." It also rejected the argument that a stop order should not be issued because the 200.000 share offering had been fully sold and management has been completely changed, and the prospects of the company might oe impaired by further publicity about past activities. The Commission held -that the ston order was required in view of the grossly misleading nature of the registration state¬ ment and the fact that investors had purchased stock in reliance the at * 29, stock. business Commission figures and figure comnany's Corp. Sulphur corporation filed a registration statement with the SEC on 1957 covering 150.000 shares of its 50 cents par common The company proposes to offer these shares for public sale market price but not less than $3 per share. No underwriting This Jan. with May, earnings Venezuelan Registers With Securities and Exchange Commission— With SEC— on company electric total $789,000 Electric Co.~-Registers Jan. 25 filed a registration statement with the SEC covering 523,000 shares of its $5 par common stock. The company proposes to offer these shares for subscription by holders of its common'stock of. record on Feb. 26, 1957, at the rate of one additional share for each 16 shares then held. The subscription The quarter division sales for the quarter ending were tube increase 55% a the for Manuel F. of Penn West in¬ ending Dec. 31, 1956. Sales for the period were $3,473,000 against the $2,279,000 total for the same period a year ago. Net income was $226,000 compared to $80,000 for the first quarter of fiscal 1956, with earnings 17 cents on 1,302,026 shares this year and 8 cents on 1,102,620 shares for the same period sales election Alto, Calif.—Sales Up 52%— Associates, Palo Zinser. in crease Merchandising. Commission The Co.—Diaz Named President— Diaz as President is announced by W. B. Duncan, Chairman of the Board. Mr. Diaz replaces Ernest Mortensen, who recently retired after 50 years in the cutting tool industry. Tool Wesson The 1398. p. Co.—Stock Dividend York, N. Y., as agent will handle, up to the close of business Feb. 15, 1957, the purchase and sale of fractional interests in shares of Warner-Lambert common stock resulting from the stock dividend paid Jan. 15, 1957.—V. 184, p. 2675. Irving Trust Co., New The Southern Rhodesia. The acquisition of prospecting rights on the large new concession is designed to strengthen the position of Vanadium corporation, according to W. C. Keeley, President. in properties •orporation In Warner-Lambert Pharmaceutical by the company's wholjy-owned subsidiary, Rhode¬ which operates also the company's chrome ore staffed be Vanadium sian trend improved ore costs labcr "While suf¬ the pending outlook for the current year. Mr. Russell stateu: will be higher in 1957. nevertheless with the ir. our volume of sales, with some increases in the price of our products which occurred in the latter part of the year, and with the installation of cost-saving machinery and other econ¬ omies recently effected, the management is hopeful that (here will be an improvement in profits in 1957."—V. 183, p. 1903. Commenting on the develop¬ Partial ore. reserves substantially by the instrument effectiveness of a registration statement filed by this covering an offering in 1954 of 200,000 shares of common stock at $12.75 a share as well as warrants and additional shares of common stock issuable on exorcise of the warrants ancl on con'ersion of outstanding bonds and debentures. has concession requirements of Vanadium corporation have been in¬ in recent years as a result of the addition of ferro-manganese, silicomanganese and manganese foundry alloys to the company's "Vancoram" products, in line with its program of product diversification and improvement. Geological work on the new conces¬ Manganese creased of Corp.—SEC Issues Stop Order— for requirements smaller for the of the latter part of the year, the facilities of the company's Pittsburgh plant were improved and increased, and in late production in the smaller plant, known as Baur Brothers, was transferred to the larger Ward Baking Co. plant. This will effect economies in production, the full benefits of which should be felt in 1957, according to Mr. Russell. Baur Brothers will continue as a separate distributing entity for its line of "Aunt Hannah" products* one-half of the approximately operation produces smaller ficient to meet for at A Ultrasonic the more provision During is located near the 200-square mile manganese conces¬ by Vanadium corporation in September, 1955. That large tonnages of unusually high-grade manganese be mined on a low cost basis. The output from limited current the of sion New York—Registers IJIen Management Co., can the of $268,000 equivalent to of a change in the October contains company's for 1956 include approximately share, primarily as the result larger • ganese, ment . underwriting. Tne proceeds are company's property and for working capital. There will b? no share. er o <, be known as to approximately 2,460 square miles. The grant gives Vanadium corporation the exclusive right to prospect and stake claims lor man¬ prises . Richmond, Va.—Files With Commission— 22 Jan. on British South Africa Co. the Chilili East Manganese Area, com¬ counter-part , ecurities and Exchange corporation 1627. corporation has been granted a large additional manganese con¬ This areas The p. The ore EC 184, America—Rhodesian Concession— cession in Northern Rhodesia, according to the costs of salaries, expenses to the African nation. The Government will cover buildings for the airline Tredegar Timber Co., Inc., o above.—V. Corp. Holly Vanadium Corp. of His Imperial nds. nd See the in contract, per reduction 22 by Warren Jan. on The a Lee Pierson, Board Chairman. amount of $750,000, covers a period of three developed following consultation with officials of the announced as 1955, important changes of the year, Mr. Russell stated, the payment on March 31. 1857, of $250,000 in company's 2%% note; preferred stock of the par valup of $204,100 was acquired during the year and retired; the number of shares of common stock outstanding was increased by 33,522 through the exercise of warrants, which expired on April 1, 1956; working capital was decreased by ? $1,612,229; property and plant account increased by $1,335,087; and ,U. S. Treasury obligations in the amount of $1,048,000 were held aghinst an estimated income tax liability of $1,169,432. Co.—Exchange Offer— Works Iron Dorn which com¬ 1955, it is the at earnings Some of Van to a new, all- accounting policy in respect to certain small items of equipment (baking pans, delivery trays and crates I so as to con¬ form both to the general practice in the baking industry and experi¬ ence as to the life of these items. To a minor extent this figure also reflects a change in calculating depreciation. 2787. p. 1956 $1,22 to in cents were: corporation under terms ates International Coopsration in company's Trans World Airlines, This increased per share on 819,202 shares of common stock year-end. This compares with net earnings of equivalent to $1.53 per share on 785,680 common outstanding at the end of 1955. $1,522,400 33 Company all charges, including provision for Federal in¬ $1,313,922 equivalent after dividends on the pre¬ were stock, outstanding $74,236,955 $79,089,296 Baking after earnings ferred 16 Jan. on company System from 1949 to 1951. He was a director Executive Committee of Ward Baking Co. from $100,257,997 for the 52-week fiscal period $97,011,765 for the 53-week fiscal year of by Mr. Russell. taxes, come reported completion of the third well in the Stenderup Pool of the Arvin Field, Kern County, Calif., for initial flowing production of 1032 B/D of 28.5 degrees gravity crude. The well, Bow-lus-Schuman 44-21, was drilled to a depth of 10,018 feet. This is a joint operation with Union having 75% interest and Han¬ cock a 25%, interest in a large block of acreage around the producing This 1958, when he resigned of with announced 44,303,296 56,364,410 68,609,223 the of Ward of high 11 Mos.End.Nov. 30 1956 15, to 1953. 1951 pares 3,986,306 5,387,893 6,336,291 supply of crude oil (bbls.) Controlled Broadcasting member and of California—Sales Increased— Month of Nov. area.—V. Inc.—New Contract— of a contract signed with the United Administration, will train pilots, mainsupervisory stati lor Ethiopian Airlines, it School Mutual time Union Oil Co. to Nov. 1953 1, A.ug. the Streibert, Mr. debit business staff of Nelson A. add Laurance S. Rockeieller. who was an Assistant Dean of the Harvard Business from 1329 to 1933, served as Chairman of the Board of the join to include features changing ture. from Washington, with direct subtraction and credit balance fea- ' a column control slide on the keyboard posting to credit posting electric carriage return, a full date keyboard, a stop key to lock carriage in any desired position, complete adding-subtraction-erasure keys and a motorized non-tab key for listing vertically in any bolumn and automatically line spacing the forms. The Post-Master 92 will go on sale this month.—V. 185, p. 386. each registers, adding of 3 Va % 5% % syndicate of headed by 54 Additional ' The Commercial and Financial Chronicle (658) capital Approximately stock provided $16,335,000. the shares outstanding agreement; and (5> the sale of additional securities. It is the-com¬ pany's present intention to sell late in 1957,,subject to market, condi¬ sold 55V2% of initial the on Mr.-Blfne^ owned, 40.6%.; before ' financing total shares initial remain l>. McMahon, Columbia partners are voting of Under six the States voting trustees reaiutnts now and trustees Eastman, of may Frank whom or completed this Alberta; with through 1958. -• Norman siuce E. of New Pacific York. and other Westcoast at has Taylor. the undertaken B. C., $40,000,000 at that in producers ec northern construction the estimated an cost British of The of is scrubbing plant to be this lor 1957, for efficient and economical operations. more to ' * in of part for Nov at 30, 3uch of construction a Estimated from Dec; 1, 1956 to Dec. ,31. expenditures plant of approximately Wilson utility The scrubbing will be entered refinery plant All three portation of sulphur plants of for the Petroleums United the 4- Jan. 1/46 •' Dec.'1/56 to•; '* 7to ,4/e ''Dec. 31/57. Nby. Nu/56". tEstimated-) generating plants^—™—$11,157,000 $2,772,000 transmission lines auu substa^oiis: .^6,898,000 /* 753,000 ' distribution lines and substations—/ 9,006,000 *1,107,000 : .... through the the recovered to Telephone properties "* Gas the scrubbing plaut, which is constructing and Giber Westcoart of water electric operations when trans¬ system begins in -the fall immediate and continuous cleaning and dehydrating 6,547.000 miscellaneous and its an gas; . Period End. Dec. 31— 1956—Month—1955 1956—Month $ Sales —V, jf. Series C, -1955 Series 3%%, due Dec. Series D, 3%, due Feb. Series E, ?•%, due Jan.- 1., -1931—000 000 , $ Series F, Western Light & Telephone Co., Inc.—Further Details made in was 334%, due March 1, 19822-' ing by this company to its common stockholders of rec¬ ord Jan. 22 of 65,568 shares, or 5.20% cumulative con¬ vertible preferred stock at par ($25 per share) at the of rate 43.OtM».00<J - preferred share for each eight common held; subscription rights to expire at 3 p.m. (CST) 6, 1957. The company's employees may enter subscriptions up to 5 p.m. (CST) on Feb. 4, 1957, for one 5% Feb. the of any shares subscribed not 5.20% Common National Bank & Trust La Salle St., Chicago 90, The for 111., is subscription agent. share redemption price of the convertible preferred stock period ending Feb. 1, 1958. is $27, plus accrued dividends. price decreases, successively, 25 cents on Feb. 2 of each of the per 960.000 Such 1958 years to The $25, convertible time, at the stock of inclusive. 1965, at Thereaiter, the per share redemption preferred option of the stock will respective be initially holders, in convertible to shares of at any provisions to as the of . 51,250,000 t bentures sinking >T,040;000'% the retired agreed' to severally, through purchase, the water in for a few communities approximately 81% 86% of the property of in the Kansas. 'V-' * ■ -f" v".- 700,000 shs. 524,543 shs. in before Jan. Additional tained from internal principal income 22. (1) items taxes facilities, properties; and (4) used preferred funds tinder -'which issuable be may issued not the the account of employees: Dean Witter The First indenture. to be received be not are Bonds below named has be.ow the preferred C. & Co._; Co. 17.0 — Lin¬ oi Estes <fc Co., 13.0 Union Co.— The E. Se¬ — Allyn A: Co., Inc 9.0 F. & to sell them ■' -* <fc stockholders Co 6.5 Investment 185, Co Maryland oper. revenue—- •Railway -oper. expenses. Net — railway 184, V. construction to redeem, stock not will slock on be program Feb, 1, converted used and 1957, into by the to Ry.—Earnings-r- $4,788,333 shares stock of to . . 1956—11 Mos.—1955 33,235,964 29,191,888 $14,372,839 inc.— 1,092,583 1,011,314 9,826,223 funds this now construction on hand; (expected to approximate of which are the provisions resulting * from retained accelerated program (21 cash $2,500,000 1956—Month—1555 $4,005,407 for be amortization of minor a emergency telephone revolving credit A The Thip i which is Increased— 120,000 of of York shares Wilson 11, announced 1954 extend" of the nation's largest manufacturers and com¬ men's ... in B on the of firm changed common to Mr. stock Parker, hands held an on by Jan. 14 Eugene attorney Manufacturing Co., Pittsburgh, Pa., and _Yale 30 of foot by new a profitable a J. and group with the Hynes, President sale of market share. an since 2% a shares 184, Chairman of Tracy of businessmen; chinery D.virion operations tne same -XT " s&- W help make possible the or * jcr.r =S:\ " will tamping of Yale oi $1) holders Both the of options be to granted capital.—V. for bulk and Jan. options expire 183, p. & to Towne be C".. front-end and in 2813. Towne snow Inc., plows, and its headquartered the at it was will the equipment fast growing equipment used mining road Batavia, 184, and p. • building. Contractors, Ma- manufacturing representatives.—V. nf said, he handling in works and become net line buc .et-Joa'ders, handling handling, industry, will the Tnc., Trojan President. Co., materials & acquire noted materials sand acquired sales the Chapman, Machinery Yale to Machinery of rollers W. world-wide for b°ing continue network to with (par options agreement 19211 self-propeded, Gilbert field g.ravrl The-"corporation nothication stock of shares Contractors Contractors Towne's & of common 960 per into drive, sheep's construction, JL-vs- Your Dollars of cumulative 3.7569 Manufacturing Co.—Acquisition— ent?red 2-wheel Jan. and letter holders to $3.37V2 at business of the Y.f manufacturer operations' into of a class to be used for working are has filed of shares share per Towne & company 4-wiheel and patrol graders, $3,827,439 $32,698,470 $29,856,783 by Maurice Parker has acquired control of this one Bros, each into expires on March 11. redemption agent.—V. is quarrying, municipal street services, public of stock, convertible privilege New payment" upon common be 15 Jan. shares 10,720 $2.62y2 ol 1956—12 Mos.—1955 apparel, Control ' ' . However, the on thereafter conversion on 11,680 proceeds assets? and Latar-ja,.'; N. 2803. group headed pany, will The The ^acquisition ob¬ from 1957), the d^nreciation, deferred earnings; <3i the sale of temporary bank loans incurred under will available at Yale 9,443,810 on in stock. 23 Jan. follows: as 1954 1958. , Stores, Inc.—December Sales covering granted- Jan. $13,869,798 2490. p. $ , 767,711,886 • , 29, $4,088,699 $47,638,803 $43,061,686 ,2,-697,^45 — 184, " •:''*■ common on share stock. common offered $1,390,753 Sales —V. ' The-,Guaranty Trust Co. 2883. SEC Wilson Brothers, Chicago, 111.—New Control— finance of preferred 3:5 3,051,028 Period End. Dec. 31— com¬ reimburse any common of p. $1,737,305 oper. p. from company 3.6835b shares 5.5 ry. oper. from - • 806,001.198 : - prior dinger, r 1956—Month—1955 Railway rev. $■-. •' 134,108,345 Wright Line, Inc., Worcester, Mass.—Files With SEC— Period End. Nov. 30— Net 1956—12 Mos.—1955 - . -:$ - 2883. p. The^fcorporation Western $ Sales Increased— 1956- Month—1955 - 139,724,996 stock-dividend 6.5 Inc._ Co.. inc. 9.0 '■■■■* • 529. p. -1955. v-.k 216,015,794 The corooration~approved the redemption of all of the 8,569 outstancfepg .shares of cumulative prior preferred stock, 4y2% convertible series, on March 15. Each share of the stock is now convertible into 6.5 Co. & .1956—28 Wks, 33,469.602 265,971,802 ; WgrJJhington Corp.—Calls Prior Preferred Stock— 6.5 Herrick /;■ — —v. shall as Inc Hut-ton 1955', " - each of name to Small-Milburn Lathrop, I Sales . Martin —V. Cole ' ■ Collins & Co.— 17.0 — & Beeeroft, Julien •• . Period Ehd. Dec. 31— ' s severally stock offers company's „r . 1956—4 Wks,- (F.'W;) Woolwortli Co.—December ?; ' . have to agreed opposite ./ i,'. .-'y' —V.185,:p;87.: : '• reissued. J * ■ 52,010.^75 42,0-79/189 / ' Dillon, curities A. White the by h-ii,. iur i»-c'■v>t*ra. :5*. OX-.f.' Jtt#"../J • indenture,'-. De¬ under 4he convertible the to pursuant Trust Neb. Eastman and revenues ku 1936^6 Wks —1955 T956—52 Wks -r-1955 " $ -■>* /.f g t-^f i 43,437,145 458.835,920 387,378,333 , the bonds reissued.' may company form set shares the under be issued and uuderwriers and such and 1957, treasury sources its part funds convertible Kansas 3i— >. Period End. Jan. 12' but; sdbjecti to values. preierrju pany to finance the company for in operating fiirt-icn. v/., , Sales 65.568 shs. ■ PROCEEDS—-The net proceeds the sale of the convertible 5V2% Operations company's total of'*a.fi w.-sufi* I-pixie, Stores; Inc.—December Sales Increased— ; Period End. Dec. «f . sulking iunu percentage of not laws, of Kansas on s>epu 2x, i.au9. Its principal executive fbrthe Power <fc Light Building, KansaJMJUy. Mo. .• The company is a public utility engaged principally in supplying electric service in portions of Kansas and telephone service in portions of Iowa, Kansas, Missouri ancl Oklahoma; It also supplies gas and ' S2 5R0 74-1 at iu 161,554 shs, aggregate Jtmbuntr and fund, issuable amount UNDERWRITERS—The BUSINESS—The company is the surviving corporation resulting from the merger, effective on Aug. 11, n'5 "f Western Lio-ht & Teleuhone Co. a Delaware corporation, into The Kansas Power Co., incorporated under 4>®ymen±s eh. accounts duef-to' thd^parent I foreign'.subsidiarias in 1356 were-;$1,764,^15-"*-A.-year; tfttiLlen 1947.-h.Vr 785. p.. 529. i 2,500.060 ••'-400,000 shs. indenture issuable amount through ^Maximum common office is located reasons Ddnw#»flfc working capital at the- end of the 1956 fiscal year amounted$57,042,795, as compai*d with $49,951,554 a year earlier. ghorGterm to | limit specified /Maximum coln, company at a conversion price of $81.25 per share, that is, on a basis of 0 8 of a share of common stock for each share of convertible preferred stock.' , • J ' rhitv issuable. retired plus accrued dividends. the Chief - bank*-lban> atCthe fieaal; yeai/i. cK*eywer5;' sl,ay2.67^downv$t2y!&3,225 lroiE^19S& <Iiguresn ^Thk, represented, the Tpwest year-end lervvl sii>ce: ^ V , 2,940,000 > . • - the price remains or stock "Wituout restrictive underwriter 231 So. Co.. preferred stock (par $10) ' > 950.060 •- . stock—. convertible for by stockholders. The offering is underwritten by a group of underwriters headed by Dean Witter & Co, Further details follow: Continental Illinois prelerred 2,325,000 * :•>* 1 ♦2,500.000 sink, fund debs., due Nov. 1, 1. 69i Cumulative preferred stock (par $25),. issuable in series— _i___ shares on Net.:earftih|r»r=of -.1,410,000 ' .71,000.000 4V4%, due Juiy 1, lobo— Series H, 3'/a%, due July 1,1985— issue of Jan. 28 of the offer¬ our • company- rf 1,150,000 ; 1980—___2V U.550.600 3l'j'c —Mention .*',from^«r£*gn subsidiaries > $5,569,000 '■it 1978__— ' 12.500.000 1, 1, Scries G, 28C3. p. L, 3*s%, due Dec. 1. 19V7__J_" t$l,250.000 197,734,000 $ 19,756,000 210,257,000 -». • ~ First mortgage bonds Series A, 3% due July •*- Sales Off- J 956—12 Mos. s 19,084,000 184, -Dec. *; - CAPITALIZATION; GIVING "* Co. (Mo.) - a cent, per .. -i» ' Western Auto Supply *, , IdiiouO Ir2£i5u000 $36,411,000- v, foreign -subsidiaries: tit. $519,076,. and. $132,476 interest. Dividends re-'' ceivett, ha-1955' were. v$183;447t.;ln addiw.om, $740,000 has*beext received "125,000 properties.. — -i- 1955^Tigures.-Domestic-sales tonnage-.wasv3%> baiow 1955. aL/- 11; - * y. for thiS"'feeoline 'were- lower prices of beef ancL,pork arwl-the closing of VvilseWrf^^iRcago jpldntr in the last quarter of-1955. Vvy **-■ Inchrded' hr- .the >abovq^nefc earnings of; 1956 -were ^dividends; from' •707.000 / 1,538,00ft properties "J«, ago. -r-' Mri^-'Cbrtiqy 'attributed Wilsoxl's^ improved 'showing to profitable, operations,, qf rall' the firm's food-protfucitogr divisions. ^ Domesric;*sa&s-4n. 1956 .amounted to. $608,968.432,-a-6% drop from commence 190. p. at Eiettric the .sulphur, Total" company by-product 185, be Sulphur Company, a this of .cost . _ ,, Electric Electric of at- Taylor. scheduled assuring the operations.—V. will The " of have construction addition, In Ltd., States, -y' . Co.-—Reports Increased Earnings- -.-"'V'-""?-'*'; . . processing" facilities gas Pacific of Co.. $15,000,000.. Lake plant are gas thus 1S57, market which gas; to Jefefrson $3,000,000 of part Taylor. approximately the will be sold a at agreement providing tor the aviation gasoline processing units. be of only Petroleum an and will is Phillips into content plant established and & sales—poilar • that the, firm^s 1956 sales, exceeded $20,000,000. net losses, including £37,629 has .reported -company ^ajfach sales^. doftar, agamtft/it figure pf .7 of yetfr 1,2 ' • Calgary, - Co, 1956. following table indicates the major classifications construction expenditures for the period-Jan.; l,.i 1946 through i Nov. 30, 1956 and estimated expenditures for the period from rw 1956 to Dec. 3i, 1957, y-. ,,:y ;? ,• .ystems and increased contingencies will be approxi¬ mately $18,000,000, making the total financing to date in excess of $170,000,000. ; -v the Enro Shirt estimated, panv's gathering and-its subsidiaries, Wfl»oh X*fothers', principal plafpf is In. South Bend, Ihd. It, also has sewing plant fnyCrawforcisville, fidl.V-y. 175,-p. 360. + " 1* , y ^ For the - tional the T1 if addi¬ Wilson 196$.^.."ry for the period bejow. stock .common Wright's.. Unqerjveqr Corp:y New York CUy,. and development and diversification, of the company J"''J. initiate Since*T952, gross of A tViison- spokesman: said r a, aduitions to utility property retirements, sales and. transfers .to and $36,411,000. expenditures indicated are mbments . established plant, to construction area, $15,000,000. -as industry that required to provide funds Columbia gas a processing gas point. the ~ ... engaged. in $5,794,000. resulting in net property additions of s30.6i7.000. Petroleums ' Ltd. still 165,000. shares., of „the lor Sale price of the, stock wgs not -disclosed.' v. the .controlling. group wiil seek to. "maintain said present high, standards .-of LouisVniec Ky., dnd program in order to meet the. increasing service in the territory served and to modern¬ for utility facilities amounted 1 ; is company period Jan. 1, 1946, to Nov. jU, xj5o. Herndon, T. its ize The PROGRAM—The rttf, salq. Mr.-"PaTker company construction postwar requirements R. 1910. ,<■ CONSTRUCTION large British in which the. estimates,: will, provide sufficient funds tor,retire any-.temporary, bankloans then outstanding and to finat.ee the construction program i be not may born Vancouver fall tions, $2,000,060 of additional first mortgage bonds, the McMahon, George M. were Calgary. of of created. by, the four are now and presently Americans, Lloyd 3 .Gllinour and Union Securities & Co., are Dillion, arrangements of resident a two, and are: all 60 % trust trustees, remaining investors than More Vcuing a voting McDonald, P. Canadian a American 1 D. and Whfttall, the United Canadian investors. under are Of Canadians; representing Canadians. Canadian to outstanding shareholders. must are issued were .Monday,: February 4, 1957 .. and sales Y., with N. 2490. r | 185' le Number 5609 The Commercial and Financial Chronicle i. ■7 - V.' c- •fn&pirf* rZ ^ NEGOTIATIONS ^; ,:fi 0NDPfiOPOSALS AND Treasurer's ALABAMA Offering—Treasurer 11 9 1986 to inclusive. No — bids bids ' 2230. p. , Feb. ; 13 Ala. 2—v. ' v 1962 County 25,000 3V4S. Bond ' 2 V-' *•. High ■ School" District, Siskiyou County, Calif , -.••J r f " Offering Superinten¬ —- Schools cE. H. Harper, -"• ' Ariz. "-rf- r Sale—JThe $148,000 "biiiidbonds offered Jan. 24-Ly. 184: to JBepry. School- District -:S ~ end Sale^The - v? t' / $1,885,000 build-' bonds offered Jan. 31—v. 185, 530—were awarded to a group! of the Harris Trust & posed vings Bank, Chicago; First BosCorp., and Chemical Corn Ex- Bank, at nge price of 100.04, a et interest cost of about follows: Due ' 1959. *520.000 3s. 1960 to on July 1,. 1958 July 1 from. on inclusive. 'aricopa County School District No. 8 (P. O. Phoenix), Ariz. Bond Sale—The $100,000 buildbonds offered Jan. 24—v. 185, g 191—were awarded Beck & Co., y, 'nal of to Refsnes, Phoenix. County School District No. 4 (P. O. Florence), Ariz. ' Bond O tering—or 11, Clerk of San the xv. 2 Board Caf- of the r (MST) p.m. ^J"■; ■ purchase ilding bonds. 57. Due 75 of Bernardino, Feb. in until . '.building ?cb;> 15, 1957. Due 1958 (PST)t purchase of a.m. fdr'the 11 ?2,000,000 11 bonds. Dated Feb. 15 from on 1977/inclusive* Principal iiid interest r(F*A) payable at the bounty Treasurer's office. Legal¬ ly approved t>y O'Melveny & A rest & office. Legality apby Gust, Rosenfeld, Divel- oved s July 1 from 1959 to Principal and in- High School District, Offering C. C. — School District, Los Angeles County, Calif. Bond Offering—Harold J. Ostly, ounty Clerk, will receive sealed at his office in Los Angeles ids ntil 9 a.m. (PST) on Feb." 19 for purchase of $59,000 building Dated March 1, 1957. Due 1 from 1958 to 1982 in- onds. March n lusive. Principal M-S) payable interest and ;he (PST) a.m. on Feb. 20 for purchase ofs$485.000 building Dated March 15, 1957. Due County reasurer's office. ajon Valley Union School District, San Bond Diego County, Calif. Offering — R. B. James, unty Clerk, will receive sealed ids ntil or his at 10:30 the onds. office a.m. jisco. " to and 90,000 4s. 1960 San receive bonds. of $3,400,000 Feb. of 11 the for 20 revenue 1957. Due 1972 in¬ 1, National America and the street Dounty Clerk, will receive sealed 23—v. to 10 a.m. purchase Dated 15 office in Visalia, until (PSTJT 6n Feb. 5 for the of $40,600 school bonds. Feb. from 1977 to inclusive/ Principal and interest (F-A) pay¬ at the CQunty Treasurer's office. / '--u -1 , . Las - Lomitas -3 bids sealed wood at City, Feb. on Clerk, County 19 School; will* receive office his until 10 for* the in Red¬ (PST) purchase of a.m. $92,000 building bonds. Dated April 1, 1955t«Due on April 1 to interest (A-O) payable County Treasurer's office. at the Monrovia City'School District, Los County, Calif. Bond Offering—Harold J. Ostly, Angeles at A^ill rceeive sealed officii in Los Angeles, a.m. (PST) on Feb. 26 for his purchase,ofT$285,000 building Dated AJarch 1, 1957. Due bonds. on March -County, j elusive. - 1 from City Sch. District, Bond Sale—An issue Calif. of $355,000 the American Trust Company, of San building bonds sold was to Francisco. Feb. Dated inclusive. 15, 1957. Due 1972 to April on power 1 from on inclusive. of Justice bonds. April 1 from 1958 to and interest and 1, of the City Francisco, or at the fiscal agency of the City and County in New York. Legal¬ ity approved by Orrick, Dahl¬ quist, Herrington & Sutcliffe, of San Francisco. 1958 to Principal 1977 in- and' interest from 1958 Due — School District, County, Calif. Marin on sive. Principal and interest (F-A) payable er's the at office. Orrick, to County Treasur¬ Legality approved by Dohlquist, Herrington & Sutcliffe, of San Francisco. Bernardino San East San County, Bernardino (P. County Water District San Bernardino), Calif. O. Sale—-The Bond eral obligation fered Jan. 28 Bank & of net as water bonds National Association, at interest a gen¬ of¬ awarded to the were America Savings Francisco, $750,000 of Trust San follows: $170,000 6s. 1959 25.000 to 3s. Due on Feb. 1968 Due 15 from on Feb. 15. 1969. 130,000 4s. Due on Feb. 15 from 1970 to 1973 inclusive. S. George (PST) on purchase of $1,000,0(X) building bonds. Dated March 1, 1957. Due on March 1 Rafael, until Feb. for Feb. on 19 4 11 11 a.m. the San (PST) purchase of bonds. Dated Feb. 15 from on inclusive. 1966 to in a.m. the for $150,000 building Feb. 15, 1957. Due 1959 office his until Bernardino receive will Clerk, at Principal (F-A) payable at the and interest Legal¬ ity approved by O'Melveny & My¬ of Los Angeles. ers, COLORADO School District No. Ad (P. O. Westminster), Colo. Sale —The $430,000 gen¬ Bond eral obligation bonds offered Jan. 185, p. 88—were awarded 22—v. to a composed of the City group National Bank & Trust Co., Kan¬ Garrett-Bromfield sas City, and Stern Bros. of 100.18, a 4.19%, Co., price & Co., at net as a interest follows: cost of $60,000 41/4S. Due on Dec. 1 from 1961 to 1972 inclusive. 370,000 4.20s. Due on Dec. 1 from 1973 to 1980 inclusive. El Paso County 11 School District No. (P. O. Colorado Springs), Colo. Offering—A. C. Erickson, Bond will receive (MST) on purchase of $6,- Secretary, District sealed bids until 4 p.m. Feb. for 20 the 1960 to 1979 inclusive. Prin¬ school building bonds. Dated Hot. 1, 1956. Due on Oct. 1 from 1958 to 1976 inclusive. Prin¬ cipal and interest (M-S) payable at the County Treasurer's, office. cipal and interest (A-O) payable at the County Treasurer's office. approved by Orrick, Dahlquist,,Herrington & Sutcliffe, Legality from Legality of San Francisco. 900,000 Bond Offering—Vera K. Gibson, Note — for the a.m. on on Feb. Dated March 1, 1957. March 1 from 1958 to 1966 supple¬ foregoing report published in our issue of Jan. 28—v. 185, p. 530. CONNECTICUT Connecticut 26 purchase of $300,000 build¬ ing bonds. Due (PST) The ments the County Clerk, will receive sealed bids at her office in Bakersfield 11 approved by Dawson, & Howard, of Sherman Nagel, Denver. Union School District, Kern County, Calif. Tehachapi until inclusive. — Jones, County Clerk, will receive sealed bids at his office in San price of cost 100.02, a of about 4.23%, Offering Bond inclu¬ 1977 15 bids about The foregoing supple¬ ments the report published in our issue of Jan. 21—v. 185, p. 338. Note Offering—Harry L. Alli¬ County sealed 1957. Treasurer County of San Prin¬ San Bernardino and Riverside" SO Principal (A-O) payable at the April of Feb. 1 School Dist* Yucaipa Joint Union Hall 1972 inclusive. office on County Treasurer's office. Hetchy Hetch San Rafael High — Feb. 1980 inclusive. Prin¬ from 1971 388—were awarded Crocker-Anglo Roseville 3,275,000 exhibit hall bonds. Due on April 1 from 1958 to 1972 Due 1,1957. Due cipal and interest (F-A) payable at the County Treasurer's office. Bond inclusive. 1958 were Co. ■} 29 from 1958 to 1982 inclusive. son, ■ 2,500,000: Laguna Honda Home and Hospital bonds. Due on April 1 from 1958 to 1972 1,475,000 build¬ Jan. bonds: offered Counties, Calif. • Elementary Dist., Sari Mateo County, Calif. Bond. Offering—John A. Brun- ing, off- $146,000 California National Bank, of San Francisco. 15, T957. Due on Feb. 1959 Red Bluff Parking Dist. No. 1, Calif. p. on 1,400,000 fire house bonds. Due on April 1 from 1958 to 1972 inclusive. / bonds. $90,000 Sale—The Bond ing clusive. 10,000,000 District, Sonoma awarded to Dean Witter & Dated Feb. Due bonds. 1962 County, Calif. inclusive. - Ba¬ Due to* Wilson 'School 1 from April in County Treasurer's office. improvement on school 990,000 Dated 185, the 1972 San of parking bonds offered Jan. Pids at his Sutcliffe, Sale —The John R. Mc- 1,170,000 recreation bonds. Due on April 1 from 1958 to 1972 Trust & & Due 1958 to 1958 to and 1978.1 Principal (F-A) payable at clusive, Bank bids-until Feb. from 1 that announces on Dated Aug. v H. Grant, bonds. office his at receive bonds. Dated March on March 1 from inclusive. Principal and interest (M-S) payable at the 1957. 1, 1958 a.m. $2,800)000 -street bids Gib¬ K. will 000 building ' April 1 from 1958 to 1972 in¬ Commisssioners, sealed (PST) a.m. County, Calif. . until 9 Compton Bond Bond Offering—Claud bids interest N: the Board of Port 10 Clerk, kersfield, uhtil 11 a.m. (PST) on Feb. 26 for the purchase of $423,- receive sealed bids (PST) on Feb. 18 for the purchase of $23,610,000 bonds, as follows: until .Bond Offering—Secretary Rich¬ ard — County, Calif. Offering—Vera sealed will visors, California . Offering Bond inclusive. 1977 County son, (City and County), Francisco Feb. 15, 1958 on Due on Feb. 15 from to Bond & Herrington Francisco./ Due Wasco Union School District, Kern Trust inclusive. (P.O. Oakland) Calif. $100,000 build¬ 1959. and Grath, Clerk of Board of Super¬ 1 Red Bluff, _, Hope School District, Tulare \ County Clerk, Principal .and at ' the at the New at the in Association Savings 1986 inclusive. \-1974 to Port of Oakl-and Francisco. the -payable- in or National America California July 1 from Herrington Dated lusive.. on rington & Sutcliffe, of San Fran- Diego, 1982 in- Due proved by Orrick, Dahlquist, Her¬ Feb. 5 1957. Due 900,000 4V2S. office, or at the Chase Manhattan Bank, of New York City. Legality approved by Orrick, Dahlquist, 1959 from on 1958 to July 1 from on 1982 15 Principal nclusive. San March 1, Due interest (M-S) payable at the County Treasurer's offfce. Legality ap¬ March on purchase of $250,000 school March 1 from M-S) in (PST) agency Chicago; or $10,000 2s. DiegOj Los Angeles or San Fran¬ cisco. Legality approved by Or¬ 23 Savings Association, in Oak¬ land, or at the City Treasurer's bonds. cipal and the at . purchase LaRue/ able Alameda e & 1971 tb 1973 inclusive. A /' interest Robinette, of Phoenix. CALIFORNIA . until 10 (J-J) payable at the County- reasurer's of to/1970 inclusive. 140,000 4.40s. Due on July 1 from County Clerk, will receive sealed oids at his officb in Sacramento,' 1, inclusive. on Bank 1960 on 18 March $360,000 6s. will Sacramento County, Calif. Bond Jan. & to Grant Union offered Co.I Wm. R. Staats & Co.; Sehwabacher/ & Co., and Hill, Richards & Co., as follows: District; Bernardino County? Calif Ottering—-Harry L. '-AiiiCounty Cllprk, will 'receive ealed bids at: his office ip San $470,000 Dated ter vBond Su- Feb. on City San - 184,_.jp/ 2885—were awarded tp ia group composed of Dean Wit¬ rvisors, will receive sealed bids til Contra Costa County, Fresno -7-v. ••' Interest ;on, " i Due :-.:xhz% • Montana Unified School ' 1967 J".'" inclusive. .' bobds revenue Myeis, of Los Angeles. : "5,000 4s. and 3.05%,: 1981 to J-J: * (P. * 0/"\ Phoenix), Ariz. //•', Walnut Creek School District, Bond Sale—The and the payable fiscal York Bond Saie^trvThe $1,400;000 water : building 15, 1957- Dde on July 15 frofft 1958 District, and Merced Counties, Calif. purchase 6f bonds!. Dated $166,000 Tucson'.*-; mricopaCounty, Phoenix Union High (M-S) rick, Dahlquist, Sutcliffe, of San Panoche ' Water uhtil *Feft.*128 fol" theJan. onrd blberg, &,Co., of a.m. office. an7 bounces that bids will be received 2676^were awarded poned temporarily. . ricppa County,: Paradise Valley ,1\: Phoenix), Principal at District's dent of - inclusive., County Treasurer's office; (PST) on March 19 for the purchase of $240,000 building bonds: Dated May 1, 1957. Due on May 1 from 1958 to 1970 inclu¬ sive/ Principal and interest (M-N) payable at the. County Treasurer's Deposit Etna* -Union 'i- High School District (Pi O. 1978 to 11 Bond AIMZOMA County, Calif. bids at his office in Ventura until Safe of $1,940,000 building bonds originally scheduled for Jan. 29 —v. 185, p. 530—has been post¬ ing bonds offered Jan. 15—v. 185, p. 191—were awarded.to the Union for the purchase of $5,000,000 Safe Deposit Bank, of Stockton, at building bonds. Dated March 1, a price of 100.06, a net interest 1957. Due on March 1 from 1959 cost of about 3.88%, as follows: interest Bank* of Stockton, as 4,10s, at a. price of 100.05, a basis of about 4.09%. " . *■' Ventura Dist^ ing James, B. County Clerk, will receive sealed Washburn,, of New York • inclusive. Bond Offering—L. E. Hallowell, ; Sale—^he $24,000 build¬ R. — Union >{ CST) p.m. Feb. 15 from on ap¬ County Clerk, will receive sealed bids at his office in San Diego, until 10:30 a.rm (PST) on Feb. 5 Oxnard Elementary School District, , . , Due 1969 to Union High Sch. County, Calif. Marin Wallace, of San Mateo. Offering County Offering Postponed—The offer¬ Wilson, ing bonds offered Jan. 23—v. 185, p. > 387—were awarded. to the N: lvl.' Payne, —- County, Calif. , . inclusive. on inclu¬ Legality Kirkbride, by Bond Feb. 15 from on 1964 to 1965 Elverta School District, Sacramento ality. approyed.by Reed^.Hoyt ior;& interest inclusive. Due F-A. Due 1985 to Diego Unified School District, San Diego County, Calif. Feb. 15 from on 1961 to 15,000 4V2S. . - 1958 Due 1977 in¬ • for the purchase^ of school building bonds, 500,000 1, 1957. Due 1959 Interest Harzfeld & 3.36%, 1957. 15, from proved San $20,000 3%s. Feb. 15 sive. follows: as 1958 to from Feb. interest the at Treasurer's office. Feb. 15, 1984 on and Principal payable Tamalpais $o0,000 net interest cost of about a Angeles Principal and (M-S) payable at the Treasurer's office. when May on ; bids ' until led Los March Dated March 1 on Clerk-Treastirer, will receive y in a.m. bonds. received bonds , Offering „ office (PST) on Feb. 19 for the purchase of $475,000 building Interest were HuntMville, ond his at until 9 (M-S) 1985. Dated Witter & Co., at a price of 100.06, Calif. clusive. foregoing gioally offered 75,000 3V4s. Due and inclusive. Feb. 15 from on inclusive. 1983 to County, Calif. Sale—The County Clerk, will receive sealed Legality approved by White, All & Rose, of the Bond Offering—Harold J. Ostly, dley, Arant, mingham. ote 1974 Nordhoff Union Elem. Sch. District, District, Los Angeles County, Feb. 1 from on 350,000 4V4S. Due County build¬ ing bonds offered Jan. 29—v. 185, p. 191—were awarded to Dean Bond (CST) on Feb. 6 for purchase of $4,000,000. office lding revenue bonds. Dated Due the at office. Ventura Covina School a.m. 1, 1957. payable Treasurer's cisco. the hority will receive sealed bids il (M-S) ■ ap¬ Ful- that announces Legality by Orrick, Dahlqust, Herrington & Sutcliffe, of San Fran¬ Building Authority (P. O. Montgomery), Ala. Kimbrell office. proved bama ond 55 (659) Bond bonds Sale offered — (State of) $29,153,000 The Jan. 30—v. 185, p. 388—were awarded to a syndicate 56 The Commercial and Financial Chronicle (660) City headed by the First National of New Bank 100.14, price of 2%s, at a basis of about York, a as Jan. offered cates 388 group a of Merrill Lynch, Fenner & Beane, F. S. Smithers & Co., J. C. Bradford & Co., Francis I. duPont & Co., Roosevelt & Cross, Tripp & Co., Andrews & Wells, Inc., Rodman & Renshaw, Dwinnell, Harkness & Hill, Stubbs, Smith & Lombardo, Inc., and Juran & Moody, Inc., at a price of 97.64, a net interest cost of about 3.45%, as follows: composed Pierce, 2.61%. members Other syndi¬ the of cate: Ilalsey, Stuart & Co. Inc.; Har¬ ris Trust & Savings Bank, of Chi¬ cago; Kuhn, Loeb & Co.; Phelps, Fenn & Co.; Goldman, Sachs & Co.; Stone & Webster Securities Corp.; Hornblower & Weeks, Blair & Co., Inc.; Seattle First National Bank, of Seattle; Hallgarten & Co.; First of Michigan Corpora¬ tion; F. S. Smithers & Co.; Hutton Schoellkopf, Haupt Inc.; Ira & Co.; & Pomeroy, Co.; Reynolds & $825,000 3s. Due 1960 1,431,000 3.40s. 1976 Ba¬ Stevenson & Co.; Adams, & Co., Inc.; Weeden & Co.; Roosevelt & Cross, Bache & Co.; Dick & Merle-Smith; Eldredge & Co., Inc.; Baxter & Co.; C. F. Childs & Co.; Branch Bank¬ ing & Trust Co. of Wilson; Robert from 1 inclusive. 844,000 314s. Due on Jan. 1 from I960 to 1975 inclusive. from American Securities Corp.; Jan. on 1968 to Jan. 1 Due on 1984 to inclusive. IDAHO con, McEntee Winthrop & Co.; National Bank of National Seattle; Commerce, of Bank of West¬ chester, of New Rochelle; Singer, Deane & Scribner; Thomas & Co.; Newhard, Cook & Co.; Reinholdt & Gardner; Granbery, Marache & Co.; Eldridge E. Quinlan & Co., Inc.; Model, Roland & Stone; Winslow, Cohu & Stetson; J. A. Ilogle & Co.; Irving Lundborg & Co., and Harrison & Co. Idaho State College (P. O. Pocatello), Idaho Secretary of Board of Education, J. E. Bond State Offering — Graham announces that sealed bids will be received until 2 p.m. Jr., State Treasurer, will receive sealed bids until noon (EST) on Feb. 13 for the purchase pay¬ able at such incorporated bank or trust company as the purchaser designates. Legality approved by Robinson, Robinson & Cole, of Hartford. .< * Bond ler * , bid will bonds Teachers' be awarded Retirement Idaho, at Perce the the to System of interest cost of 3.35% an sealed until 2 P. Kuta bids will be received (EST) p.m. the purchase of as follows: $1,383,000 Due on Feb. 4 for on $2,333,000 bonds, County, Tammany Class *'C" School District No. 343 (P. O. T." Maloney High School bonds. March 1 from 1958 to 1977 inclusive. 600,000 park March 1 Due 1958 State of Idaho. March 1, 1957. Payable Connecticut Bank & Trust National Bank & Trust Company, Meriden. New Haven, Conn. Postponed—The city has decided to postpone for sev¬ Bond Sale weeks the sale of $1,950,000 general public improvement bonds which was originally, scheduled for Jan. 31—v. 185, p. 530. Old Lyme, Conn. Bond bonds p. Due Dec. on 1 from 1966 to 1975 inclusive. The bonds Feb. dated are 1, 1957. Principal and interest (J-D) payable at the First National Bank of Chicago. Legality ap¬ proved by Chapman & Cutler, of Chicago. La Salle Columbia City), Bond 550,000 bonds. 125 (P. O. Oglesby), III. Offering—George A. Hun¬ 8:30 Bidders bids interest City ner, Clerk, will receive sealed bids until 8:30 p.m. (CST) on Feb. 13 for the purchase of the $2,400,000 erage I, 1956. Due 1987 1973 on 1, sew¬ Nov. Jan. 1 from 1959 Bonds thereafter Jan. and Dated bonds. inclusive. and of as works water revenue due in callable are 1972. Principal and interest (J-J) payable at the Con¬ tinental Trust Illinois National Bank Co., Chicago. Legality & rates until or they price from 1 Dec. on and/or 1958 will $30,1971 to bonds $530,000 Dec. 1 from 1958 1974, and $20,000 in 1975. Prin¬ $30,000 and nlace on (J-D) interest of payment the between upon the and Board tion. Legality approved by Charles Trauernicht, of St, Louis. LaSalle, DeKalb and Lee Counties Community Unit School District No. 9 (P. O, Earlville), III. Sale-—The Bond County Community Unit School District No. 305 (P. O. 189,000 build¬ ing bonds offered Jan. 30—v. 185, p. 531—were awarded to the White-Phillips Co., as 3V4S, at a price of 100.01, a basis of about 3.24%. > ; . Macon County, Decatur Sch. Dist. 61 (P. O. Decatur), III. Bond Sale—The $300,000 school building bonds offered Jan. 24 awarded were & Secretary of the Board of Education, will receive sealed bids until 8 p.m. (CST) on Feb. 6.for the purchase of $360,000 school building bonds. Dated Jan. 1, 1957. a Co., Inc., to at Halsey, Stuart price of 100.03, of about 2.84%, a net interest cost follows: as 8:30 Sale—The $850,000 school offered Jan. 29 388—were awarded — v. 185, to the First Due 1 from 1958 to 1975 Principal and interest (J-D) payable at a banking in¬ stitution mutually satisfactory to the purchaser and the Board of on 110,000 2%s. Due 1961 to Dec. 1 from on Dec. 1 from on Dec. 1, 1974 1975. and Dated Feb. 1, 1957. Interest J-D. Legality approved by Chapman & Cutler, of Chicago. Legality approved by Chapman & Cutler, of Chicago. Stephenson County Sch. Dist. No. 145 (P. O. Frzeport), III. Clay and Wayhe Counties Com¬ Bond Sale—The $500,000 build¬ munity Consolidated School Dist. ing bonds offered Jan. 23—v. 185, No. 133 (P. O. Flora), III. p. 192—were awarded to HarriBond Offering—Paul W. Bryan, man Ridley & Co., Inc., and Julien Secretary of the Board of Edu¬ Colics &: Co., jointly, at a price cation, will receive sealed bids of 100.003, a net interest cost of until 8 p.m. (CST) on Feb. 15 about 2.81%, as follows: for the purchase of $300,000 build¬ $234,000 3s. Due on Dec. 1 from ing bonds. Dated Jan. 1,1957. Due 1958 to 1966 inclusive. Jan. on of sive. 1 from 1960 to 1977 inclu¬ Interest J-J. Legality 266,000 2%s. Due ap¬ on Dec. 1 from 1976 inclusive. 1967 to Plainville, Conn. Sale—The $250,000 sewer bonds offered Jan. 28—v. 185, p of St. Louis. 388—were awarded to the Ameri¬ can Securities Corp., as 2.90s, at a price of 100.13, a basis of about 2.85%. Vermillion DELAWARE Sussex County, Laurel Special Sch District (P. O. Laurel), Del. Bond Sale—The 100,000 school building bonds offered Jan. 30 . 185, p. 388—were awarded to Schmidt, Poole, Roberts & Parke, as 4Yss, at a price of 100.40, a basis —v. of about 4.08%. FLORIDA Collinsville, III. and Sale—The $625,000 water sewer Jan. 21 Gainesville, Fla. Certificate Sale—The $3,100,000 i water and electric revenue certifi¬ v. — awarded to a 185, 388 p. #offered were — composed group of John Nuveen & Co.; G. H. Walker & Co.; and Municipal Bond price of 97.68, a cost of about 4.39%, $187,000 4^2 s. Due 1958 to 1977 438,000 414 s. 1978 to on , Whiteside follows: inclusive. County Township High Sch. District No. 214 (P. O. Arlington Heights), III. school 30 The $1,500,000 building bonds offered Jan. were posed — awarded to of John a group com¬ Nuveen & Co.: County Community Sch. Dist. No. 138 Offering—Edward Dom- broski, Jr., Secretary of the Board of Education, will receive sealed bids until 10 a.m. (CST) on Feb. 7 for the building 1957. to purchase of $127,000 bonds. Dated March 1, Due 1982 on Dec. inclusive. 1 from Principal 1958 and a follows: 1 Dec. on fr 1962 inclusive. will Mag, Thomson, McEvers Fizzell, of Kansas City. KENTUCKY Hardin County (P. O. sealed Feb. are callable Offering of Due L. 11 will electric thereafter callable as Legality approved by Chapman & Cutler, of Chicago. Indep. Sch. District, Iowa Offering Bond Short. G. W. — the Board of Edu¬ cation, will receive sealed bids until 2 p.m. (CST) on Feb. 13 for the purchase of $980,000 school building bonds. Dated March 1, Secretary of 1957. Due on Nov. 1 from 1958 to 1976 inclusive. Legality approved by Chapman & Cutler, of Chicago. Mitchell County (P. O. Bond Offeringj Auditor, County Osage), J. W. Dean, will and oral bids sealed receive until 1 p.m. (CST) on Feb. 13 for the purchase of $200,000 County Home bonds. Sioux Bond City, Iowa Offering — Richard J. Kroon, Town Clerk, will receive sealed and oral bids until 7:30 (CST) on Feb. 4 for the pur¬ of $27,000 special assess¬ ment sewer improvement bonds. Dated Feb. 1, 1957. Due on June from 1957 to 1965 inclusive. ity approved 1 Legal¬ by Bannister, Car¬ penter, Ahlers & Cooney, of Des Moines. Sioux Abbeville, Bond appro ities City Indep. Sch. Dist., Iowa $2,200,000 build¬ Bond Sale—The and the composed of Halsey, Btuart & Co.; bonds for which b: revenue were La. Sale—The $2,700,000 u received the Jan. at 28 fering—v. 184, p. 2886—-were s sequently purchased by a ^ro composed of Equitable Securit Corporation; Merrill Lyn Pierce, Fenner & Beane; Jo Nuveen & Co.; F. S. Smithers Co.; Scharff & Jones, Inc.; Ne man, Brown & Co.; Barrow, Le & Co.; Ducournau & Kees; J. Dain & Co.; Ladd Dinkins & and Harold E. Wood & Co., as f lows: 5s. 1959 Due on Jan. to $200,000 — Legality LOUISIANA of Nov. 1, 1964. Marshalltown a of F Louisville. Bonds due in 1965 are 1963 as by Wyatt, Grafton & Grafton, bonds. 1, 1957. Due semi-an¬ nually from May 1, 1957 to May 1, 1968 inclusive. callable are National Bank. Dated Feb. and 1958 to 19 1, 1962. Principal and inter (F-A) payable at the Owensbc receive revenue from 1 Bonds due in thereafter Acker- (CST) purchase of the for Feb. on inclusive. bids until 7:30 p.m. Feb. on D. Shelt receive seal (CST) on Feb for the purchase of $900,000 sch building bonds. Dated Feb. 1, 19 bids until 3 p.m. Iowa Clerk, City man, — 19 will Clerk, City Legality approved by Chapman & Cutler, of Chicago. Maquoketa, 1, Owensboro, Ky. 1968 as Dec. Bond Offering—Adelle Nov. 1 from 1958 to are of proved by Wyatt, Grafton & Gr ton, of Louisville. 1967. 1, 1962 and thereaf as Bank, Elizabethtown. Legality- building bonds. Dated Feb. 1, thereafter due in callable Principal and interest (J-D) p able at the First-Hardin Natio Offering—Margaret Einck. Secretary of the Board of Direc¬ tors, will receive sealed and oral bids until 7:30 p.m. (CST) on Feb. 11 for the purchase of $290,- and school building reve Dec. 1 from 1958 to 1977 inclusi Bonds Bond Nov. (CS a.m. purchase bonds. Dated Dec. 1, 1956. Due Iowa 1976 inclusive. Bonds due in will rece 10 the for 2 $400,000 Denver Community School District, on until bids sealed special assessment sewer bonds. 1957. Due Elizabethtown), Ky. Offering — H A. Bo. County Court Clerk, bids until 7:30 p.m. (CST) on Feb. 4 for the purchase of $22,830.75 000 (J-. son, Bond receive Jan. dated are payable at the State Treasur office. Legality approved by St' Clinton, Iowa Offering—Frank J. Voda. Clerk, bonds The on City Due on Dec. 1 fr 1986 inclusive. 1957. Principal and interest IOWA Bond 1967 inclusive. 1968 to tory purchaser as Due 1963 to ing bonds offered Jan. 24—v. 185, p. 89—were awarded to a group the Co., 880,000 4%s. bank¬ satisfac¬ to 4s. First Inc.; Kansas, of 1959 to ing institution mutually interest (J-D) payable at a & $85,000 chase Illinois composed group a ■ purchase of $1,500,000 Sanitary District bonds. Dated Feb. 1, 1957. Due on Jan. 1 from 1959 to 1988 inclusive. Principal and interest (J-J) payable at the County Treasurer's office. Legal¬ ity approved by Ross, McCord, Ice & Miller, of Indianapolis. p.m. (P. O. R.R. No. 3, Sterling), | Bond Sept. 1 from Cook Sale Ccnsol. "Sept. 1 from on Sale—The Kindred & Company, of Chicago. inclusive. Due 1991 as (P. O. R.F.D. No. 5, Danville), III. $92,000 build¬ ing bonds offered Jan. 25—v. 185, p. 192—were awarded to Barcus, net interest a County School District 115 Bond Corp., at Bond c' bonds revenue Zahner 18 Iowa No. Bond Feb. to Co. curities Feb. 6 for the proved by Charles & Trauernicht, Bond sold Small-Milburn Co., Inc.; well, City Controller, will receive sealed bids until 10 a.m. (CST) on $275,000 1973 inclusive. 100,000 2.90s. Due on system revenue bor sewer was Harold — City, Kansas Sale—An issue of $1,10 Bond 135,000 414s. Due on Dec. 1 fr sealed 1960 inclusive. Education. Boston Corp., as 3.30s, at a price 100.32, a basis of about 3.25%. Dec. on 1953 to inclusive. KANSAS Arkansas Indianapolis Sanitary District (P. O. Indianapolis), Ind. Bond Offering—Charles H. Bos- Bond $90,000 2.90s. Due (CST) p.m. • pur¬ Educa¬ of No. Bureau Offering payable mutually ap¬ Chicago. Chicago. for the purchase of $1,500,000 war¬ rants.ti.il < ■ of rate the and inclusive, & of Jan. as Chase, Secretary of the Board of in lor $420,000 bonds due chaser Lang- proved by Chapman & Cutler, 000 20, Dec. designate may , D. Dated bonds. 1956. agreed Berwyn, III. Offering—Ann Bond 1, 1957. Due on Nov. 1 from 1 1976 inclusive. Legality to and Hammond School City, Ind. p.m. building a 1963 callable are Warrant (CST) on Feb. 20 for the purchase of $530,000 school to in (CST) on F purchase of $408, Dated F school building bonds. Principal and interest (J-J) payable at the Citizens State Bank, Columbia City. Legality ap¬ proved by Ross, McCord, Ice & Miller, of Indianapolis. Secretary of Board of Edu¬ cation, will receive sealed bids due revenue the for 4 1963. 1, County School District No. Bond 000 Bond Offering—Bids will be ceived until 8 p.m. 1, 1957. Due 1959 to 1985 in¬ due Communit Moines Des School District, Iowa Trustees, will receive sealed bids La Salle pay C. receive Feb. Bonds thereafter basis of about 3.55%. Dated a West Oiville will mortgage July 1 from clusive. p. 388 — were awarded to H. C. Speer & Sons Co., as 3%s, at a a first on Community High School District No. 390 (P. O. Serena), III. Bond Sale-—The $90,000 build¬ ing bonds offered Jan. 25—v. 185, 102.20, Secretary, sealed bids until 1 p.m. (CST) on Feb. 6 for the purchase of $2,- County price of 2%s, at of about 2.55%. Ind. Offering—ur. Briggs, City Natio Chicago, price of 100.94, a ba the and Inc.; Bank & Trust Co., of City Joint High School Building Corporation (P.O. from 1 son, Company, Hartford, or at its West Main Branch in Meriden, or at the eral 3y2s. at / Bond Offering—Arthur W. Carl¬ inclusive. Home Dec. on 1965 inclusive. 1959 to 1,150,000 cipal ILLINOIS Bond Offering—Arthur W. Car- water bonds. Due on March 1 from 1958 to 1977 the $45,000 sold to the •'...»%■■• on 350,000 at of issue was 1972 to inclusive. Dated bonds Manlius), III. bonds. from Sale—An Bond building proved by Chapman & Cutler, of < Francis Senior announces Due their 1 per annum. Nez received is Co. INDIANA Columbia $350,0C0 4s. until better no Louis. of St. follows: If to Offering—City Comptrol¬ Matthew that • .. Meriden, Conn. v Continental Illinois Bank & Tr Co., of Chicago; Eastman Dill Union Securities & Co.; Blair ter, of $51,- Principal and interest ap¬ proved by Charles & Trauernicnt, Board of Education. Legality Mainland Robert Showers, as bonds. Dated July 1, 1955. Due on July 1 from 1958 to 1975 inclusive. 500,000 rental housing notes. Dated Feb. 28, 1957. Due on Feb. 28, 1958. & & Stifel, Co.; (CST) on Feb. 4 for the purchase $200,000 dormitory revenue Connecticut (State of) Offering—John Ottaviano, & of Lewiston), Idaho Note Weeks; Reynolds Nicolaus & Co.; julien Collins & Co.; McCormick & Co.; Scott & Kegley; Ballman 185, p.! Hornblower 30—v. awarded to were —- Monday, February 4, 1 ... 1965 inclusive. 1 frc 523,000 414 s. Due on Jan. 1 fr 1972 inclusive. 1966 to 188,000 4.40s. Due on Jan. 1, 1 and 1974. 1,789,000 from Bossier Dist. Parish No. Bond Due 41->s. 1975 to 1987 on Jan. inclusiv Consolidated S (P. O. Benton), Lt Offering — T. L. Rod 2 Secretary of the Parish Schc Board, will receive sealed b' until 2 p.m. (CST) on Feb. 21 I the purchase of $275,000 schc bonds. Dated Feb. from 1958 Feb. I 1, 1957. Due to 1977 inc sive. Principal and interest (F-. payable at the office of the Par School Board Treasurer, or at a by the purchas Legality approved by Chapman Cutler, of Chicago. banlc specified Number 5609 185 e ... Principal geline Parish Road District d tary of Parish School Board, receive sealed bids untfr 10 (CST) Due March on from 1 Interest inclusive. 1959 M-S. Bond of totaling 23—v. offered Id & and 185, a Bis- B. State of as 1976 inclusive. Oct. 1, 1971. Street Trust callable Due inclusive. 1977 interest Interest A-O. payable & proved Judell, of New Orleans. 35,000 4s, due March 1, 1966 193,000 4V4S, from 1 of indebtedness: of due Parish Jan. Gretna), O. Sale—Street ficates 1957. paving nd Offering E. Clerk Shirey announces that on of e trie Feb. 19 for the pur$1,500,000 water and bonds. revenue riod of 30 years. Due ap¬ cago. of ond Offering Sewerage Diet, — Bank interest, plus of Legality notes Due Nov. 6, 1957 Feb. on 365- a Offering B. Zebrasky, City Treasurer, will re¬ ceive bids sealed (EST) until 11 a.m. Feb. 4 for the purchase on of $1,000,000 temporary loan notes. Dated Feb. 5, 1957. Due on Nov. 4, 1957. Payable at the National 9 to 1987 inclusive. Callable Shawmut Bank, of Boston. Legal¬ inverse numerical order after ity approved by Ropes, Gray, Best, years from date of issue. InCoolidge & Rugg, of Boston. est F-A. Legality approved by Cox ey, Judell, & of Greenfield, Mass. New Parish School Consolidated District (P. ool Sale bonds The — offered $4,500,000 Jan. 24—v. 2886—were awarded to a dicate headed by The Equile Securities Corporation, as a 185, composed & 1959 to on Burr, a 2.70s, at a price of basis of about 2.66%. as 1967 inclusive. members Scharff of & Jones, the 1 syndi- Inc., Mer- 1 Lynch, Pierce, Fenner & White, Hattier & Sanford, wman, Brown & Co., Barrow, ary & Co., First National Bank, Memphis, Howard, Weil, Lauisse, Friedrichs & Co., Ducouru & Kees, Schweickhardt & Co., mold & Crane, Glas & Co., Nusch, Beaudean & Smith, Stubbs, ith & Lombardo, Inc., Rauher, Pierce & Co., Inc., Kohleyer & Co., Ladd Dinkins & Co., hn Dane, W. D. Kingston & Co., eil Investment Company, Steinane, Treasurer, sealed bids until 11 Feb. 000 5 for will receive (EST) a.m. on the purchase of $500,- loan notes. Datnd temporary Oct. 15, 1957. Payable at the National Shawmut Bank, of Boston. Legality ap¬ proved by Storev, Thorndike, Feb. 6, 1957. Due Palmer & on Dodge, of Boston. Milford, Mass, Bond Sale bonds — offered Tne $<ioa,000 sewer Jan. 30—v. 185, p. 531—were awarded to Hornblower & Weeks, 100.47, a as 3.20s, at bonds offered p. 389 — were group Michigan a price of 100.05, a net of cost about 3.90%, as from 160,000 3%s. Due on April 1 1967 to 1969 inclusive. from Due on April 1973 inclusive. 1 from a nrice of basis of about 3.13%. (A-O) payable trust company desig¬ 1974. April 1, 1975. 70,000 2%s. Due District are offered bonds 390 14 Class School (P. O. N. Muskegon), Mich. school 1404 Sale—The $600,000 Bond — City Clerk, will receive sealed bids until 7:30 p.m. (EST) on Feb. purchase of $28,000 callable as of Sept. Jan. 21—v. awarded to 185, p. dated Feb. 1, Principal and interest (M-N) payable at a bank or trust com¬ pany to be designated by the suc¬ cessful bidder. Legality approved Miller, Canfield, Stone, of Detroit. by Paddock a group & 1, ler, Canfield, Paddock & Stone, of Detroit. Inhster, Mich. Sale—The Bond $750,000 gen¬ bonds offered Jan. 28—v., 185, p. 532— eral obligation storm sewer awarded were to a group com¬ & Co., Barcus, Kindred & Co., First of Michigan Corp., Kenower, McArthur & Co.,. McDonald-Moore & Co., H. V. Sattley & Co., Shan¬ non & Co., Allan Blair & Co., Inc., Pohl & Co., Fox, Reusch & Co., Walter, Woody & Heimerdinger, and Widmann & Co., as follows: to 1975 on Oct. 1 from & Carl Birkenstock School District (P. O. Brighton), Mich. Postponed—The pro¬ Bond Sale 1970 Kellogg Consolidated Sch. District (P. O. Hickory Corners), Mich. Bond Sale—The $360,000 build¬ ing bonds offered Jan. 29—v. 185, p. 532—were awarded to a group Traverse Bond 1958 to 4s. 1968 to 1967 Due Feb. 1970 1, 1967. Principal and (J-D) payable at a bank¬ interest ing institution designated by the successful bidder. Legality ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. Sterling and Warren, Troy Twps. Consolidated School District No. Fractional (P. 1, O. Warren), Mich. Bond Offering — Thomas L. Butcher, Secretary of the Board Education, will receive sealed bids until 8 p.m. (EST) on Feb. 13 for the purchase of $2,225,000 of bonds, follows: as $2,000,000 building and site bonds. Dated April 1, 1956. Due on ' July 1 from 1959 to 1981 in¬ clusive. Bonds due in 1977 and thereafter are callable as of July 1, 1976. swimming 225,000 Dated Jan. 1, pool bonds. 1957. Due on July 1 from 1958 to 1962 in¬ clusive. Bonds due in 1961 1962 and inclusive. Community 1986 inclusive. Bonds due of June as June 1 from School District (P. O. Cedarville), Mich. Bond Sale—The $350,000 school building bonds offered Jan. 28— v. 185, p. 532—were awarded to the First of Michigan Corp. Cheneaux 1, 1957. Due on June 1 from in 1968 and thereafter are callable are callable as of July 1, 1958. 210,000 3%s. Due on June 1 from 1971 to 1982 inclusive. Les City School District, Mich. S. Mc¬ Offering—Robert 1959 to inclusive. on June 1 from on Coy, Secretary of the Board of Education, will receive sealed bids until 3 p.m. (EST) on Feb. 11 for the purchase of $1,300,000 school building ahd site bonds. Dated $105,000 4j/4S. Due on June 1 from 45,000 inclusive. 1975 1976 to 1986 inclusive. & Co.; H. V. Sattley & Co.; and Ryan, Sutherland & Co., at a price of 100.03, a net interest cost of about 3.84%, as follows: to 295,000 4s. Due inclusive. composed of McDonald-Moore $22,000 special assessment street improvement bonds. Due on May 1 from 1957 to 1959 incl. 6.000 general obligation street improvement bonds. Due on May 1, 1958 and 1959. are were composed of Kenower-MacArthur payable at a bank or trust com¬ pany designated by the successful bidder. Legality approved by Mil¬ 1957 son, bonds inclu¬ to Fourth No. Street, Getty 235,000 4%s. Due on Oct. 1, 1976. Berkley, Mich. Bond Offering—Edwin J. John¬ the from Reeths-Puffer Principal and interest (M-S) $515,000 5s. Due 65,000 3%s. Due April 1, The or 1958 1986 Interest J-D. posed of Braun, Bosworth 230,000 4V4S. Due on April 1 1962 to 1966 inclusive. •' 1957. 1 sive. by the purchaser. Corp.; $140,000 4V2S. Due on April 1 from 1958 to 1961 inclusive, for June composed of bonds, as follows: Offering—Helen V. Walk¬ City er, Due on March from 1968 to 1982 inclusive. interest 11 Note bank after follows: Peabody & Co.; and Coffin Kidder, Co.; 100.28, March 1 from ,623,000 3%s. Co:; at Hornblower & Weeks; & by Storey, & Dodge, of Bosworth & Co., Inc.; Shannon & Co.; and H. V. Sattley & 8 Co., McDonald-Moore & Co., H. Secretary of the Board of V. Sattley & Co., Stranahan, Har¬ Education, will receive sealed bids ris & Co., and Walter J. Wade, until 8 p.m. (EST) on Feb. 13 for Inc., as follows: the purchase of $200,000 building $175,000 4s. Due on June 1 from bonds. Dated March 1, 1957. Due 1958 to 1969 inclusive. on Sept. 1 from 1959 to 1986 inclu¬ 130,000 3%s. Due on June 1 from Sachs Haverhill, Mass. 77,000 4s. Due te: 531—were awarded of Halsey, p. group Stuart & Co. Inc.; Goldman, a of First 1970 to lows: Other The — 1, Braun, 235,000 4s. to p. , to $1,400,000 2—v. O. Opelousas), La. ond Sale Bond Landry . 185, —v. school building bonds offered Jan. leans. Feb. (P. O. Carleton), Mich. Sale—The $900,000 school the Frederick — to Bond 29 until bids (EST) on Feb. 14 for the purchase of $650,000 building bonds. Dated Feb. 1, 1957. Due on son, Palmer building sealed receive sive. Bonds due in 1972 and there¬ and O. Jackson), Secretary of Board of Education, Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. Airport Community School District Jan. Fall River, Mass. Note a 1971. site Agricultural Sch. (P. Bond Offering—Jean Thompson, F. B. Lomas, 1959 to 1983 inclusive. Prin¬ nated MICHIGAN 1, day interest to follow basis. Mrs. Dora K. Secretary of the at Boston, dated are will cipal and interest Boston. premium a — Hamburg Township School District No. 1 (P.O. Hamburg), Mich. Bond Offering — Alice Thomp¬ approved Thorndike, awarded Board Supervisors, will receive sealed s until 7 p.m. (CST) on Feb. for the purchase of $400,000 lie improvement bonds. Dated ril 1, 1957. Due on April 1 from atier, to Clerk, from able at the above-mentioned bank. $91. The (P. O. Chalmette), La. 1 o. at 2.58% 1957. Bernard Parish awarded were Shawmut tional over Legality 29 the First Na¬ tional City Bank of New York; Halsey, Stuart & Coi Inc.; and Na¬ by Chapman & Cutler, of ed Jan. group composed of 6 p.m. and interest pav- Principal Tawas, Mich. Offering 1971 inclusive. are No. District dated from 1958 to 1957. Northwest Rural inclusive. receive 145,000 water bonds. Due on Feb. bonds 532—were awarded to Stranahan, Harris & Co., Inc. p. on sealed Feb. 13 for the purchase of $300,000 water supply system revenue bonds. Dated Jan. 1, 1957. Due on Oct. 1 Divi¬ 1958 due ing bonds offered Jan. 30—v. 185, bids until 8 p.m. (EST) on inclusive. The Mass. from Bond Sale—The $360,000 build¬ net inter¬ 3.04%, as 4s, Stone, of Detroit. Newberry School District, Mich. will City receive 1 on 1961 Sale—The $5,000,000 notes offered a Feb. Due of Dankmeyer, Boston, Note will be received until 10 a.m. T) & 1 La. Town — Interest approved by Niles, a about $30,000 East Bond street construction bonds. $30,000 dock & library bonds to & Hutzler, at of Legality ap¬ Canfield, Pad¬ purchaser. proved by Miller, 103.16, Michigan lows: Jan. 1 from 1967 to 45 11:30 cost (A-O) payable at a trust company designated or the by jointly, 15, 1959; and $170,000 3s, due on Jan. 15 from 1960 National Boston, Municipal interest bank Jan. purchase of $175,000 bonds, as fol¬ Dated MASSACHUSETTS Kohlmeyer & Co., jointly. ore on will First the at the Bros. follows: Milk St., Boston, until a.m. (EST) on Feb. 7 for the sion, Baltimore. sold to Ladd Dinkins & Lake Providence, sealed bonds. iticlusive. 1982 to Legality Barton, Yost $109,598.60 Co., totaling Due J-J. Louisiana rtificate construction 1, 1959 (P. receive will of Bank public est Principal and the aboveLegality ap¬ Treasurer, bids sealed a.m. (EST) on Feb. purchase of $4,000,000 the for school 1, 1966 and 1967. rson Education, 13 1958 to 1965 inclusive; $57,000 4s, due on March and Town W. to price of a price of 100.05, a at bank. certifi¬ machine basis of about 3.06%. Salomon Wilmington, Mass. Offering—Grace H. Tilley, Bond bids until 11 March on O. Clements, President of the Board ,000 street improvement cerificates (P. Annapolis), Md. Offering — Mildred Bond 1967. nd Arundel County a 200,000 1958 from 3%s, at as by Storey, Thorndike, & Dodge, of Boston. MARYLAND Anne 1 185, Michigan Corp., and Hornblower & Weeks, Bank- Co., Municipal March on mentioned $115,00 4*4s, due on March 1 from 958 to 1965 inclusive; and of purchase of $400,000 school project bonds. Dated March 1, 1957. v. indebtedness of First Ill Legality approved by Foley, Cox bonds: refunding Second the at ' purchase and certifi¬ and 29 Jan. voting cates the to offered the 532—were awarded as follows: p. Franklin St., Boston, until 11 a.m. (EST) on Feb. 5 for Bonds due are bids Palmer 000 of bonds $902,000 cates Storey, Dodge, will until 8 p.m. Sold— Certificates and $702,000 Dept., in 1972 and thereafter p. group & Town Treasurer, will receive ran, sealed 1957 to 89—were composed of Crane, T. J. Feibleman John Dane, as follows: ded to Offering—Ralph Jury, will receive sealed bids 10 a.m. (CST) on March 13 for the purchase of $1,182,000 pub¬ lic improvement bonds. Dated April 1, 1957. Due on Oct. 1 from indebt- $400,000 certificates and by Palmer Wilbraham, Mass. Bond Offering—Doris G. Coch¬ until Certificate Sale—The Bonds The 57 receive sealed bids (EST) on Feb. 7 for of $235,000 school building and site bonds. Dated Jan. 2, 1957. Due on April 15 from 1957 to 1974 inclusive. Principal cation, Detroit, Mich. 1, pay¬ Boston. lice Houma, La. ; & land, Secretary of the Parish Po¬ dell, of New Orleans. s Chapman interest and approved Thorndike, Louisiana lity approved by Foley, Cox nd and Feb.» dated are Principal Legality Terrebonne Parish (P. O. Houma), Dated March 1, ment bonds. 67 for the public im- $35,000 bonds 1957. able at the above-mentioned bank. gality approved by Cutler, of Chicago. Feb.; 11 on of ase The payable interest Shreveport, or at the Chase Man¬ hattan Bank, New York City. Le¬ Veillon, Offering—Tanzy and at the Commercial National Bank, (P. O. Ville Platte), La. 4 (661) The Commercial and Financial Chronicle payable J-J. Legality by Miller, Canfield, & Stone, of Detroit. Interest approved Paddock Waterford Township (P. O. Waterford), Mich. Offering—Louis G. Barry, Bond will receive (EST) Feb. sewer¬ 11 for the purchase of Ludington School District No. 1, $100,000 was called off because of a legal Michigan age bonds offered Jan. 29—v. 185, special assessment sewer improve¬ Rouse & Co., T. J. Feibelman p. 531—were awarded to Town- technicality. Bond Offering—Ralph Johnson, ment bonds. Dated Feb. 1, 1957. Co., Wheeler & Woolfolk, Inc., Secretary of Board of Education, Due on April 1 from 1958 to 1967 send, Dabney & Tyson, as 3V2s, at Custer School District (P. O. 5003 nd Felix M. Rives. will receive sealed bids until 8 inclusive. Principal and a price of 100.59, a basis of about interest W. Albain Road, Monroe), Mich. Shreveport, La. 3.42%. p.m. (EST) on Feb. 6 for the (A-O) payable at a bank or trust Bond Offering — Florence Bond Offering J. T. Tanner, purchase of $750,000 school build¬ company designated by the pur¬ Merkle, Secretary of the Board of Somerville, Mass. ity Secretary, will receive sealed ing bonds. Dated April 1, 1957. chaser. Legality approved by will receive sealed Due on Bond Offering—William J. Rey¬ Education, ids until 10 a.m. (CST) on Feb. April 1 from 1958 to 1975 Berry, Stevens &' Moorman, of 6 for the purchase of $4,250,000 nolds, City Treasurer, will receive bids until 7:30 p.m. (EST) on Feb. inclusive. Principal and interest Detroit. j 14 for the purchase of $860,000 :ealed bids at the National Shaw¬ onds, as follows: (A-O) payable at a bank or trust building bonds. Dated March 1, mut Bank, Trust Dept., 40 Water MINNESOTA company designated by the pur¬ 1,250,000 water and sewer rev¬ 1957. Due on July 1 from 1959 to chaser. Legality approved by Crow enue bonds. Dated Dec. 1, St., Boston, until 11 a.m. (EST) Wing County Independent on Feb. 5 for the purchase of 1985 inclusive. Bonds due in 1974 Miller, Canfield, Paddock & Stone, 1958. Due on Dec. 1 from 1960 School District No. 7 (P.O. and thereafter are callable as of *300.000 bonds, as follows: of Detroit. to 1976 inclusive. Callable in¬ Jan. 30 of $34,000 building bonds—V. 185, p. 532— posed sale Randolph, Mass. Bond Sale—The $100,000 on Township Clerk, sealed bids until 8 p.m. , * — . versely as of Dec. 1, 1962. 3,000,000 street improvement, storm water drainage and municipal building March bonds. 1957. Due on March 1 from 1958 to 1977 in¬ Dated 1, clusive. street permanent $200,000 construction and pavement bonds. Feb. 1 Due on 1967 from 1958 to inclusive. macadam pavement and bonds. Due on Feb. from 1958 to 1962 inclusive. 100,000 sidewalk 1 July 1,1973. Principal (J-J) payable at a tution ful and interest banking insti¬ designated by the success¬ bidder. Legality approved by A/PUor, Canfield, of Detroit. Paddock & Stone, ' Marcellus, Volinia, Penn, Newburg, Porter and Flowerfield Townships Rural No. Agricultural School District 34 Bond ner, (P. O. Marcellus), Mich. Offering—Willard J. Gri- Secretary of Board of Edu¬ Bond man, Deerwood), Minn. Offering—Ralph A. Hoff¬ District Clerk, will receive (CST) on Feb. 8 for the purchase of $50,000 school construction bonds. Dated March 1, 1957. Due on Dec. sealed bids until 8 p.m. 58 (662) y t The Commercial and Financial Chronicle i-'. — ' f 1 ■■ Mcwiday, February 4, 1 from 1959 1978 inclusive. Lamar County, Oak Grove Coneol. Bonds due Dec. 1, 1973 and there¬ School Dist. after to Bond tion. County Indep. Consol. School District No. 38 (P. O. Albert Lea), Minn. Offering Mrs. — Offering Feb. 4 1977 Dorothy bonds. bids sealed (CST) March 4 on chase of until 2 Columbia from 1 clusive. Bonds thereafter 1960 in due 1973 callable are J. Feb. 1958 Feb. on inclusive. interest 1 1960 from Principal and of Jackson. Legality approved by Dorsey, Owen, Bark¬ er, Dist. E. G. — inclusive. Due that announces ceived until bids Feb. will 7 for be the for Metropolitan district Sewer No. of 4 District, the 7:30 p.m. (CST) til 11 are callable the W. Board (CST) a.m. Des purchase of bonds. sewer 1957. Due 1, 1959 to 1977 successful at Legality ap¬ proved by Dorsey, Owen, Barker, Roseville, Minn. Bond Offering—B. H. Hammer- sten, Village Clerk, sealed bids until Feb. 5 for 000,00 ment Due the 1 Principal and (CST) on of $1,improve¬ sewer from Jr., Fund 1979. Feb. 13 (CST) chase March on of until Frei- 18 bonds. Due op Dated Feb. 1 Dated of proved St. 1, 19 MISSISSIPPI Corinth, Miss. Bond Offering—Bids will be Bond H. Bezoni President, noon revenue composed of The & Trust Co., and and > The bonds mature from 1958 to inclusive. to 1986 Dec. by the A bonds. 1959 to Due 1973 County Dec. on from the B bonds. Due 1, to 1996 on on in¬ 1957. Principal purchaser, subject to ap¬ by the Board of Curators. Legality approved by Charles & Trauernicht, of St. Louis. Note The above bonds were — not sold when offered 184, p. of amount 2886—in on Jan. 16— the original $3,250,000. from inclusive. (P. O. Jan. 15, 1957. Due 1965 and to 1977 / 1 Bond that Las Vegas), on Jan. 15 from (J-J) Principal payable at the — Y. '* $50,000, Bonds,1 8th*/ Ser Instalment, offered Jan. 2 Dist. . .... County School ity approved Legal¬ by Dawson, Nagle, Howard, of Denver. Sherman & Nelson Board sealed of bids building No. 1 (P. Net proceeds from the sale the bonds will be used for Y. County receive sealed offered 533—were p. Jan. awarded bids until will to Feb. 11, 1957/Due oh Dec. 20, 1957. Payable at the First Na¬ of Boston. Legality Storey, Thorndike, Dodge, of Boston. by Palmer & NEW Cranbury Township School District ing bonds offered Jan. 29-—v. 185, 390—were p. awarded to Byrne and Phelps, Inc., and W. H. Newbold's Son & Co., jointly, as 3.70s, at a price of 100.04, a basis of Inc., Chas. E. announces until 8 533—were awarded to a Pleasant, basis of about North Castle Dist. Clerk, will receive sealed bids -until for 1957. 1967 2 (EST) p.m. the purchase site bonds. Due on the letic Dated Feb. terest (F-A) Bank payable of receive sealed bids (EST) on March 12 purchase of $210,000 ath¬ by bonds. Legality ap¬ Hawkins, Delafield & Wood, of New York City. Na¬ Westchester, Val¬ offered Jan. School District, N. J. Offering—Sealed bids will be received until 8 p.m. (EST) Feb. 18 for the purchase of on $3,- 874,000 building bonds. Legality approved by Reed, Hoyt, Taylor & Washburn, of New York City. Smith, Barney & Co., Eastman Dillon, Union Securities & Co., Dick & Merle-Smith, J. C. Bradford & Co., and Wm. E. Pollock & Co., $1,718,000 price about will p.m. Geo. B. Gibbons & Compa Inc.; Gregory & Sons; Hallgarte & Co.; Ira Haupt & Co.; Hayde Stone $142,500 & Co.; Hemphill, Noyes Co.; W. E. Hutton & Co.; Kea Taylor & Co.; Lee Higginson Co land 29 poration; W. H.. Morton & C Inc.: New York Hanseatic Corpo ation; Reynolds & Co.; Shearso Hammill & Co.; F. S. Smitbers City, as 3V4S, at a price basis of about 3.21%. Co.; Weeden & Co.; Chas. E. We & Co.; Wood, Struthers Co.; Adams, McEntee & Co., Inc of bonds 100.34, a gold Hyde Park, N. Y. : Bond Sale—The $70,000 public improvement bonds offered Jan. American as 2%s, basis 0/ 2.70%. MEXICO Bond Laurence Donnell (EST) on Feb. 7 purchase of $225,000 build¬ ing bonds. Dated Feb. 1, 1957. Due for the on Feb. clusive. (F-A) 1 from 1958 Principal payable at to and the 1972 Orvhard Park Fire & Inc.; District Trask Debenture Jan. Sale—The $2,000,000 highway debentures 29 offered (EST) sealed on bids until of 3:30 — ton,^ City, Comptroller, ceive sealed (EST) on re¬ p.m.: of v. Legality Swis Spence bids until _ will 3 ,re p.~ Feb. 7 for the nurchas $1,725,000 notes/as follows: $150,000 capital notes. bonds. Dated for the purchase ! ' Corporation; & Rochester, N. Y. L Note Offering—Emmett V. Nor Sa- or & Pomero Company; H. Walker & Co. Feb. 14 for the purchase of $25,000 fire truck & Co.; Tripp & Co., Inc Tucker, Anthony & R. L. Da; Val Alstyne, Noel & Co.; and (P. O. Offering—Walter W. District Treasurer, will ceive Stroud American Franklin Wood, & Schoellkopf, Hutton in¬ interest National Bank of Franklin Square, Mineola. Legality approved by Hawkins, Delafield New York City. M. Marks & Co.; Mc Co.; R. H. Moulton Company; Wm. E. Pollock & Co Inc.; Roosevelt & Cross; Schmid Poole, Roberts & Parke; Offering—Chas. Schrimpf, Clerk, will receive sealed District ger, State Corpora . National Orchard Park), N. Y. NEW Securities tion; ,Baker, Weeks & Co.;. Bank .& Barth & Co.; Barr Brothers Trust Company, of Great Neck, as Co.; Baxter & Company; Bolan 2%s. Saffin. & Co.; Central Republi Francis I. duPont North Hempstead Union Free Sch„ Company; Co.; Hirsch & Co.; E. F. Hutton Dist.. No. 2 (P. O. East Williston), Company; King, - Quirk & .* Co New York Central Bond New Mexico (State of) . 185, p..194—were awarded the bids until 3 p.m. Ridgewood, N. J. Bond Sale—The $1,723,000 gen¬ eral and water bonds offered Jan; 29—v. 185, p. 391—were awarded to a group composed of a Inc.; Dominick & Dominick; E dredge & Co., Inc.; First of Mic igan Corporation; 30—v. New 24—v. & Co., Inc.; Smith; Bacon, Stevenson & Co.; G.".Becker & Co.; J. C. Bradford. R.. S. Dickson & Compan 185, p. 390—were awarded to George B. Gibbons & Co., Inc., a syn & Co.; Newburgh, N. Y.- 100.31, Devine & Co., Inc.; Alex. Brown Coffin & Burr, Inc.; L. Rothschild & Co.; Dick & Merl 185, p. 533 — were awarded to George B. Gibbons & Co., Inc., Sale—The J. worth New York City, as 3%s, at a nrice of 100.27, a basis of about 3.72%. Bond a Sons; — bonds the & Co.; A. C. All Company; F. S. Moseley & C Bache & Co.; Paine, Webb Jackson & Curtis; Braun, Bo Pleasant, Pleasantville Fire District (P. O. Plensantville), N. Y. Bond Sale The $232,000 fire house of Estabrook of New York City. way, members & halla. Legality approved by Vandewater, Sykes, Heckler & Gallo¬ to Plainfield Bond 1, 1958 to the at N Salomon Bros. Shields & Company; Pressprich & Co.; Carl Loeb, Rhoades & Co.; Hornblow & Weeks; John Nuveen & C Inc.; incluusive. Principal and in¬ tional and W. p.m. field proved gen $140,000 Feb.-1 from York Hutzler; Feb. on of New Stone & Webster Securities Co poration; Bear, Stearns & C White, Weld & Co.; B. J. Van I and District school in Co.; Kidd Peabody & Co.; Blair & Co., In Phelps, Fenn & Co.; Merr Lynch, Pierce, Fenner & Bean George Bond of for C. (P. O. Valhalla), N. Y. Offering — Tino Suarez, New York 8 gift taxes, in t States of New York and New J The bonds are legal for i cate: 3.35%. Mount a esta sey. Other Gibbons & Co., Inc., as 3.40s, at 100.43, except other fiduciaries. Valley), N. Y. Bond Sale—The $120,000 build¬ ing bonds offered Jan. 30—v. 185, nrice of exem taxes insurance companies, trustees 1 (P. U. Central B. income taxation, vestment Grove, Chester and Tuxedo p. the bonds is on Jersey by state and munici officers, banks and savings ban Woodbury, Blooming Central School District No. Education, will District Trustees Monroe, Bond Offering—Alfred Kerzner, Executive Assistant of Board of until Interest Weigold —v. N, Ji proje currently under construction. of about 3.18%. about 3.69%. School District, Author other inheritance and Burr, Mount JERSEY Port and Federal noon Dated Bank at all 6 Treasurer, (EST) on Feb. 7 for the purchase $200,000 temporary loan notes. approved expenditures airports, piers 30— from No. 5 of tional capi Sale—The $1,372,000 bonds from HAMPSHIRE Rockingham County (P. O. Exeter), N. H. Note Offering — Winston H. Lothrop, premium above the offering pri ,-J- O. 185, p. 194 —were% Tan/1, 1957. Due on Jan. 1 from awarded to a group 1958 to 1967 inclusive. composed of Principal amortization, Glore, Forgan & Co.'; White/Weld ,andj interest (J-J) pavahle at thei bonds. & Co.; National Bank of Com- Bank of Orchard Park. (MST) on Feb. 26 $275,000 serial of Dist. Greenburgh Union Free Sch. NEW (P. O. Glendive), Mont. Offering District Clerk Louise Sch. group composed of Blair & Co., Inc., George B, Gibbons & Co., Inc., Horn blower & Weeks, Coffin a County Treasurer's office. — the school York-Authority (P. Consolidated First Free, School & Co., and Sage, Rutty & Co., as 3.20s, at a price of 100.32, a basis inclusive. interest taking MONTANA Dawson Mary // / : ■„<•* & 1 building recreation bonds was sold to Taylor & Co., and Boettcher & Co., jointly, as 5s. Dated at No. by^V-amlewater, Sy ,"■•*. New York City), NSale The a Sale—An issue of $3,620,general obligation public 000 in¬ (M-N) payable at a trust company designated or proval v. basis "of a ♦ Port .of New - 185, v. 1 interest receive Company. 3972 inclusive. until for $3,000,000 dormitory bonds, as follows: March Deposit Company, National Bank, JacksonHinds Bank, all of Jackson, Hamp Jones Co., Hod Russ & , the Hotel City, 14 R. receive 229, Feb. on series Dated bank 2.40s, as acquisition bonds offered Jan. of 2,307,000 series First" Leland Speed Room Kansas (CST) purchase 000 group at will May 1 from 1973 Bond Sale—An issue of $1,000,school bonds was sold to a inclusive. Dover clusive. Jackson), Miss. Guaranty Bank Comp¬ that announces Curators spe¬ County School District on 1980 (P. O. Cranbury). N. J. Sale—The $335,000 build¬ Offering—Comptroller Feb. 1967 inclusive. Prin¬ Due ap¬ Columbia), Mo. on Legality approved by Charles Trauernicht, of St. Louis. O. Legality $136,000 cipal and interest payable at a place designated by the purchas¬ (P. on inclu¬ clusive. re¬ improvement bonds. Dated 1, 1957. Due on April 1 Hinds Louis. May 1 from (CST) Co., City, NEW YORK/-C* building Bond University of Missouri (P. O. $693,000 ' er. Due 1977 for bids 6 to the purchase of $12,100,000 city improvement bonds. sealed 1958 to 1957. 1958 troller John H. Poelker announces that bids will be received until (F-A) any suitable banking institution designated by the purchaser. Legality approved by Dorsey, OWen, Barker, Scott & Barber, of Minneapolis. from bonds. — of April on of $20,- St. Louis, Mo. Offering City Board cial (CST) purchase by Charles & Trauernicht, Bond Feb. approved Childs-& 100.01, ' ; : Union Bond Dec. 1 from on Bond 1957. 1985 Clark St. Louis. to ceived until 7 p.m. of receive Principal and interest (M-S) payable at the Boatmen's National interest 5 for the purchase of Board sive. 1960 Principal payable at noon 1, from and inclusive. & Rochester)K N. inclusive. , Building March 1 pur¬ Feb. from the State $1,475,000 school build¬ ing Prin¬ payable p.m. the for 2 State until for Wabasha and Goodhue Counties Everett the March of — of bids 000,000 neapolis. bids 1962. Commissioners, will Bank sealed 1, (F-A) are trust company in the or President 1957. Minnesota ma¬ - 1, heit, Clerk of School Board, will from Offering—James T. Blair, Governor and ex officio Loftsgaarden, and Dorsey, Owen, Barker, Scott & Barber, of Min¬ receive Vr from NEVADA Missouri (State of) to Joint Indep. Consol. Sch. Dist. No. 40 (P. O. Lake City), 1 thereafter Feb. 1 to 1981 Bond 1960 interest payable at Offering v Free Dec. on 3s. approved sealed a suitable banking institution designated by the purchaser, sub¬ ject to approval by the Village. Legality approved by Beldin Bond F. Brighton and Pittsfield Union 3 | or Jan. Dated Jan. on 1 p.m. 1961 720,000 3y8s. Due County of St. Louis. Le¬ by Charles & Trauernicht, of St. Louis. receive purchase sanitary bonds. will City gality Barber, of Minneapolis. Dated Feb. on and after bank a un¬ inclusive. Bonds turing in 1962 callable Trus¬ of on cipal and interest Scott & f » follows: ' * as 1970 1971 Martin, Feb. 19 for $240,000 general 1, 1967. Principal and interest (F-A) payable at a bank¬ ing institution designated by the bidder. G. Nevada Offering—W. obligation the ' Heckler & Galloway, of New Y Bond thereafter to 952,000 Missouri Bond Feb. Feb. 1962 Sub- River to re¬ (North Affton) (P. O. 506 Olive St., St. Louis), 1960 to 1987 inclusuive. Bonds due of about 2.39%. Babylon Peres Watershed Kron- the in 1978 and thereafter price- of a Fitch, •. . 648,000 3V4S. Due chase of $310,000 building bonds. purchase of $425,000 building bonds. Dated Feb. 1, 1957. Due on Feb. 1 from as at1 April 1* $14,000 on year • 3.11%, 1959 pur¬ tees, will receive sealed bids 14 day each Co.; Co.; and Kalman on of sum $180,000 4V2S. Due Offering—Superintendent Bernard C. Campbell Chairman of bids until of about Schools sealed Feb. 1 County Reorganized Sch. 7 (P. O. Lee's Summit), No. Bond of r ,. March on holm, District Clerk, will receive on the & . follows: as March 1 from on Missouri Scott & Barber, of Minneapolis. Offering 2%s. Jackson Polk County Indep. School District No. 1 (P. O. Crookston), Minn. Bond Hughes Barret, -Raf ferrsperger, , payable at the First Na¬ tional Bank, to from 1969 to 1977 inclusive. Jackson, Minn. Offering—Ae E. Wallace, City Clerk, will receive sealed bids until 8 p.m. (CST) on Feb. 19 for the purchase of $90,000 hospital bonds. Dated Feb. 1, Due 2.69%, 1968 to 590,000 Bond 1968 30— awarded *» - $410,000 3s. Due Minneapolis. 1957. Jan. P. cost of about designated by the successful bid¬ der. Legality approved by Dorsey, Owen, Barker, Scott & Barber, to $1,000,000 offered 390—were p. same ■ •vT; 185," p; 194^-were awarded i No. 7 (P.O. Deer NEBRASKA Park), N. Y, merged syndicate-headed by H Bond Offering—Robert S. Bell/ sey, Stuart & Co. Lincoln, Neb. Inc., Harri~ President of the Board of Educa¬ Bond Sale—The Ripley & Co., Inc., Blyth & $2,500,000 water tion; will receive sealed bids until revenue bonds offered Jan/ 31— Inc., Drexel & Co., Glore, For 1 p.m. (EST) on Feb. 20 for-the v. & Co., and 185, p. 194—were awarded to a purchase,; of Ladenburg, Thalma $710,000 building & group composed^ of Lehman Co., as 3.40s, at a price of 97. Bros.; bonds. Dated March 1, 1957; Due a basis of Bear/ Stearns & Co.; John Nu- on March 1 from ^00^3.54%. The gro 1958 to 1986 in/; veen & Co.; Paine, Webber, Jack¬ elusive. reoffering of ' Principal and interest niade; public son & Curtis; bonds at: a price of Bacon,; Whipple & (M-S) payable at; the Bank of 98.50, add crued Co.; George B. Gibbons & Co., Babylon. interest,, to yield ab Legality .approved by 3.48%. Inc.; George K. Baum & Co.; MulThe offering proved Sullivan, Donovan*. Hanrahan, laney, Wells & Co.; Newhard, McGovern & Lane, of New York tractive to investors, institutio Cook & Co., and and Wachob-Bender City. individual," with the res •■>'=", ; that the bonds went Corp., at a price of 100.01, a basis quickly t Morgan & Co., Ipc.," and Wood, Struthers & Co., jointly, at a price of 100.02, a net interest 1, 1969. Principal and interest payable at a banking institution of 185, The — $9,000 payable and until paid. School District, bonds v. and of as the Sale school in¬ 1986 to 1958, Missouri Bond of sum to p.m. for the pur¬ $3,750,000 Feb. 1958 MISSOURI school build¬ ing bonds. Dated Feb. 1, 1957. Due on from sold, maerce^ -' Seattle; North & Co.; are each; the inclusive. W. Hellie, District Clerk, will re¬ ceive Due bonds serial bonds they will be received in the amount of $1,000 (CST) on for the purchase pf $28,000 school amortization the^ issue -may be put in- one bond divided into several bonds? If a.m. 1 ' or — sealed bids until 10 Freeborn Bond (P.^O. Purvis), Miss. Sam Keith, Chancery- Clerk, will receive subject to prior redemp¬ are If * ' " '■ - f ' •. 625.000 bond anticipation note 950,000 tax anticipation notes.; ^ Dated 15, . 1958. Feb. 15,-1957/ Due 1 Fe Legality approved b Number 5609 >lume 185 The Commercial and ; y. id, Hoyt, Taylor & Washburn, New York City. f y ^ ,Central lnd Lake and Poestenkill \ School District No. 1 (P. O. Averill Park), N. Y. >nd 1 Offering—Russell H.Jones, strict Clerk, will receive seaiea (EST) on Feb. 5 bonds. le Feb. on from 1 1977 to 1958 the National ity Bank of Troy. Legality aproved by Vande water, Sykes, leckler & Galloway, of. New York payable Ity-. at i ;/ .... :;'%•>>* .• 195§|^ 1976 -•». ' r~t v.-- Jan. 24-—v. 185, Cass County Special School District No. 58 (P. O. -ArgOsville), N. Dak. Bond Clerk will OffeTing—^STorman Veitch, of the Board receive County of sealed Auditor's Education, bids office the at until 2 p.rii: (CST) on^Fif), 4 for the purjhase of $75,0C)(]f school bonds. Due from to ; 1976 1959 New awarded Bath-Richfield p. York National Bank, West of Kingston, y Bond of *0.13, as 3.60s, af. a price basis of about 3.57%." a City School District, N. Y. Sale The $2,230,000 lilding bonds offered Jan. 31— 185, p. 533—were awarded to a Bond — of Halsey, Stuart roup composed Co., Inc., B. reorge Blair Co., & & Gibbons Inc., Inc., Co., School Dist. Richfield), the Board (EST) of bonds. sive. noon improvement Dated^March 1, 1957. Due "file JtFirst at of Akron- Weeks, a as 2.70s, at a price of basis of about 2.65%. Vernon, N. Bond Y. Sale—The $137,000 sewer |onds offered Jan. 24—v. 185, awarded II—were .p. Roosevelt to /-\- Cross, of New York City, and Manufacturers le Traders and frust Company, of Buffalo, jointas 4s, at a price of lasis of about 3.97%. 100.31, a Co., Inc.; Baxter & Co., McDonald-Moore - Central Ripley and Portland School (P. O. District No. 100.29, 533 30—v. build- lanufacturers "o., Buffalo, "ross, jointly, |>f 100.01, awarded were — & - Trust Roosevelt 3?4S, at as the to Traders - and & price a basis of about.3.74%. a NORTH i CAROLINA J ; Bond J. Concord, N. C. ' Sale '— The $74,000 City . Iranch Banking & Trust Co., Wil¬ at a price of par, a net in¬ terest cost of about 3.03%, "as fol¬ son, a Co., on 1 1961 inclusive; 1967 on Feb. 1 : ' " . from inclusive.w.; " [ Bond Sale—The offered 533 ). -— & $250,000 school Jan. 29 — awarded were Co., jointly, at 185, y. to the price a jf par, a net interest cost of about 13.83%, as iollows: [$30,000 6s. Due 1959 to 1961 95,000 6s. 1965 to ' 60,000 2s. Due June on 1 ' • ; on Due June on ,; - 1 from u . ; * Sampson County (P. O.. Clinton), North Carolina • 1962 to ... , Bond Offering — . ' 1973 Commission, will Govern¬ receive sealed bids at his office in Raleigh (EST) on Feb. 5 for the purchase of $750,000 school building bonds.-Dated Dec. 1,1956. until Due 11 on a.m. June 1 from 1958 to Principal and interest (J-D) payable at New York City. Legality approved by Reed, Hoyt, Taylor & Washburn, of New York ' Wingate Junior College,^ Inc. (P. O. Wingate), N. C. «. until Dec. 1 from . <, Ohio Offering:—Cnaries v.<istle. Bond 11* the Mayfield, Ohio Offering — Richard Bond Village Clerk, ceive sealed bids until Feb. on 19 for the F. will re¬ (EST) noon purchase of Feb. 1, 1957. Due 1958 1967 to J-D. Dec. on inclusive. (EST) on Feb. 18 purchase of $50,700 sewer and water line -bonds. Dated Mar. 1,1957. Due on-March 1 from 1958 to 1967 inclusive. Principal and interest (J-D) payable at the Ge¬ by approved Squire, Sanders & Defdnsev, of Cleveland. Muskingum Township Local School District (P. O. Marietta), Ohio Bond Offering — Douglas E. Weaver, Clerk of Board of Edu¬ cation, will receive sealed bids until (EST) noon on Feb. 11 for $224,000 building Feb. 1, 1957. Due on the purchase of bonds. Dated Dec. 1 from 1958 to 1977 inclusive. Columbus), Ohio ' y Sale—The $56,732.94 Bond spe¬ assessment" street improve¬ ment; bonds offered Jan. 31—v. 185, p: 391 — were awarded to Braun, Boswoa$h & Co., Inc., of Toledo, ;as 3V4S, at a price of 100.89, > basis*pf about 3.09%. a * - Gre&rtipille, Ohio ■ Bond Sale ^ y Hamilton 185, group The $1,000,000 (P. . Board of Education will sealed bids until Feb. on 5 Corpu, 100.58* a 314 s, as at a basis of about 3.i8%;/_' Feb. 27 for (EST) the of (P. O. Nova), Offering — Ohio Mildred 'Ro- mine, Clerk of the Board of Edu¬ cation,' will receive sealed bids until noon (EST) on Feb. 14 for the purchase of $335,000 building Dated bonds/ Nov. on 1 Feb. ' from 1957. 1, 1958 Principal payable at Bond Offertfrjf—Henry A. Rees, Director sealed .,* of Finance, will bids until" noon receive (EST) on J (CST) of purchase Washington County Indep. School District No. 30 (P. O. Bartlesville), / Oklahoma Bond Sale—The $350,000 school building bonds offered Jan. 185, v. R. J. 534—were p. 28— awarded to Edwards, Inc. Bond Offering—Fred C. Dyer, to Due in¬ 1977 interest and District (P. O. Dexter City), Ohio Bond Offering—Geraldine Mar¬ tin. Clerk of the Board of Edu¬ bids 1957. Due on Dec. inclusive. 1978 terest & Caldwell. from payable (J-J) Farmers 1 Principal 1, 1958 to in¬ and the at Bank of approved by Dempsey, Dated Legality Sanders; & Sale—The 1977 inclusive Oct. 1, 1978 and of as callable are 1967; thereafter Oct. 1, 1960. as sive. & offered $110,000 p. Jan. 391—were awarded limited $100,000 bonds to the totaling 185, follows: 22—v. as access facility Oklahoma Na¬ tional Bank, of Clinton. bonds to the First National Bank, of Clinton, and H. I. Josey & Company, jointly. Jefferson County Indep. Sch. Dist. Bond Clerk Ringling), Okla. Offering—G. L. Sebourn, of the Board of Education, will receive sealed bids until 7:30 1, 1957. Due on Interest M-S. Legality ap¬ Pohl, of Pittsburgh. Schuylkill County (P. O. Pottsville), Pa. Sale—The $275,000 gen¬ eral obligation improvement offered Jan. 29—v. awarded were — to 185, a p. group composed of J. B. Hanauer & Co., Lebenthal & Co., and J. R. Ross & County School District No. 19 (P. O. Springfield), Oregon Offering—Walter A. Com¬ District Clei'k, will receive bids' until 8 p.m. (PST) on Feb 11 |or the purchase of $365,000 building bonds. Dated March 1, 1957. Due on Jan. 15 from 1961 sealed 1980 inclusive. Bonds 1972 and thereafter of Jan. Lane due in callable are County Sch. Dist. No. 504-C O. Eugene), Oregon (P. Bond Offering—Clarence Hines, Clerk, will receive sealed bids until 8 p.m. (PST) on Feb. 11 the purchase of $1,500,000 for building 1957. bonds. Due 1977 to Dated June 15 April from (J-J) 1, 1958 inclusive. interest County on Principal payable at and the until for 14 8 the 1957. Due (PST) p.m. purchase bonds. on of Dated March 15 Township (P. O. Carnegie), Pennsylvania *' Bond Offering—Walter J. Price, Township Secretary, will receive sealed bids until 9 p.m. (EST) on Feb. 12 for the purchase of $250,000 general obligation bonds. Dated Feb. 1, 1957. Due on Feb. 1 from 1959 inclusive/Le¬ 1978 to gality approved by Burgwin, Ruf¬ fin, Perry & Pohl, of Pittsburgh. Note The foregoing supple¬ ments the report published in our issue of Jan. 28—v. 185, p. 534. West Hazelton School District, Pa. Bond Offering — Raymond A. Guydish, Secretary of the Board Directors, will receive sealed bids until 8 p.m. (EST) on Feb. 21 for the purchase of $41,000 gen¬ eral obligation funding bonds. of March Dated 1, March 1 from Principal at the 1957. Due on 1959 to 1967 inclu¬ interest and pay¬ Markle Banking & Co., Hazelton. Legality ap¬ proved by Townsend, Elliott & Munson, of Philadelphia. Trust SOUTH Feb. from Greenville 15 CAROLINA Greenville County, Memorial 1958 ity approved by Winfree, Mc¬ Culloch, Shuler & Sayre, of Port¬ Auditorium Dist. (P. O. Greenville), S. C. Bond Sale auditorium The — $1,675,000 offered Jan. 31 bonds 185, p. 391—were awarded to composed of Harris TYust Savings Bank, Chicago, R. S. Dickson & Co., Courts & Co., Interstate Securities Corp., Edgar —v. a group & land. County (P. O. Media), Pennsylvania Note Sale—An tax issue anticipation of $2,000,- notes was sold to the Broad Street Trust Co. of Feb. 1 from on $550,000 March Principal and interest (M-N) payable at the County Treasurer's office. Legal¬ 000 Feb. 1 from on inclusive. 1977 inclusive. sive. on from Feb. 1 from on 1972 1973 to Scott 1 as inclusive. 1967 to net inclusive. 75,000 3V2S. Due 1968 a 3.72%, Feb. on 1961 50,000 3%s. Due inclusive. 1977 Due to able Treasurer's office. County Sch. Dist. No. 8 (P. O. Hermiston), Oregon Bond Offering — Homer Gray, District Clerk, will receive sealed bids about — as 15, 1971. District 5s. 1962 to Sayre, of Portland. Bond of 90,000 3%s. Due City Shuler price of 100.04, a cost 1958 callable are Principal and Co., at $60,000 in Philadelphia, at 1.20% interest. Mannheim (P. Twp. School Authority Neffsville), Pa. O. Bond 10,000 water works extension and improvement on Bond of maturing those interest ~ bonds (EST) p.m. proved by Burgwin, Ruffin, Perry inclusive. Bonds due from 1968 to PENNSYLVANIA Clinton, Okla. Bond 7:30 March interest Delaware OKLAHOMA B. Bech- March 1 from 1959 to 1983 inclu¬ & of Merchants District, Pa. follows: to Jan. Dated until $100,000 sewer bonds. Dated April 1, 1957. Due on April 1 from 1958 to 1982 building bonds. School Feb. 13 for the purchase of $300,000 general obligation bonds. orfcMar. building receive dated M-S. Offering—John bids until 7:30 p.m. (PST) 5 for the purchase of sealed bids until noon (EST) on Feb. 14 for the purchase of $190,000 school will April 1 from on are Castle City Recorder, will receive sealed Umatilla Southern Noble Local Sch. 1 tol, Secretary, will receive sealed 391 Empire, Oregon April on 1980 inclusive. March 1, Legality ap¬ proved by Saul, Ewing, Remick & Saul, of Philadelphia. bonds OREGON of Cleveland. No. 54 (P. O. , 7:30 p.m. the $275,000 building bonds. Due se¬ rially from 1959 to 1967 inclusive. to Ruggles-Troy Local School District ' LakeWood, Ohio for bonds Interest Bond Offering — L. H. Morri¬ District Clerk, will receive mons, of re¬ purchase $200,000 building bonds. 390—^$L£re awarded to a composed of Harriman Rip¬ Richanjgjjc Co.; and First The 1957. New Bond Disi. O. Cleveland), Ohio Offering — The Clerk Bond the p. ley & Co., Inc?r McDonald & Co.; School (P.O. Dewey), to to 1987 inclusive. 1981 Lane Company, of Marietta. Le¬ gality approved by Squire, Sand¬ & Dempsey, of Cleveland. bond**offered Jan. 31— building v. City'Scfiool District, Ohio Sale*— Bond County Indep. ers $35,000 basis of about *3.04%. on 1978 Due 805,000 3%s. Due re¬ (CST) p.m. 3.70s. from Oklahoma — a be April 1 from on 1973 to 1977 inclusive. Trust Squire, fire fighting equiptrnent bonds offered Jan. 28 v. 18?, p. 391 — were awarded To J4*A. White & Com¬ pany, as 3 s, at a price of 100.76, The 7:30 will April 1 from on 1972 inclusive. to 340,000 Thompson bids District No. 7 Cleveland. - Arch. April 1 from on 550,000 3%s. Due (A-O) payable at the Treasurer's office. Legality approved by Winfree, McCulloch, Principal and interest (J-D) pay¬ able at the Peoples Banking & cation, Grandview Heights (P. O. . until Washington Legality approved by Squire, Sanders & Dempsey, of Cleveland. Savings & Trust Co., Geneva. Legality S. that from 1 (M-N) the Farmers Bank, Ashland. Legality approved by Squire, Sanders & Dempsey, for the ceived Interest bids until noon Schools $44,550 water main bonds. Dated clusive. Cleveland a.m. (EST) on Feb.- 15 purchase of-$225,000 iion lax-exempt' - dormitory^ •'/ revenue for on the to Village Glerkyavill receive sealed price of Bond, Offering—W^ X+. Bennett, Treasurer, will receive sealed bids sold were — price of par. Bond inclusive. Geneva-O'h-T he-Lake, Field, - • 195 p. Trustee? of the Police and Fire¬ men Pension Fund, as 3s, at a - Dec. 1 from on .44 1986 to 1988 inclusive. 1986 inclusive. City/ 1985 to 75,000 414 s. Elue „ W/E. Easter- Secretary of Local ment Dec. 1 from on 1972 inclusive. 285,000 4V2S. Due • llng, Bond Sale—The $30,000 parking bonds offered Jan. 24—v. ceive sealed bids until noon $140,000 4%s. Due of inclusive. 760,000 3y2s. Due Offering—Superintendent announces 1961 1962 to 1964 inclusive. 1965 Oklahoma son, revenue 185, inclu¬ Pittsburg County Indep. School O. McAlester), Jan. Marysville, Ohio $500,- cial 4 ' offered 1958 to Dist. No. 80 (P. 185, p. 195—were awarded Fahey, Clark & Co., as 3V2S. on * June 1 from 1977 inclusive. bonds 1962 building bonds. $29,000 road Richmond Heights Local Sch. - . of Fahey, Clark CoVj -Wm.- J^ Mericka & Co., Prescott & Co^nd Sweney Cartwright & Co./'a§ follows:. from 1973 inclusive. to 1983 ihclusivehy 1978 a The — 1959 to Feb. 7 for the purchase of $450,000 Mansfield), Ohio Sale group- composed June T from 1964 Inclusive. ' ' - & neva on 40,000 3%s. Due 1974 to at a price of basis of .about 3.32%. fitst- mortgage sewerage sys¬ revenue bonds was sold to a • on June 1 from inclusive. {/•'/' | 25,000 3Y2S. Due 1962 to &%%s, • fance Securities Corp., and J, Lee 5eeler Co.^-and Ryari,"Suther¬ East< Liverpool, Ohio 4 Bond * Sale—An issue of - . >onds Co., & * from County, Manteo Sch. District (P. O. Manteo), N. C. j y, . Clark Fahey, & Co., 101.44, . )are Inc., land - 55,000 2%s. Due 1962 to Feb. & Madison Township (P. O. , >19,000 5V2S. Due 1958 to Co., Braun, Bosworth & Prescott & ; , 185, P.-J9*—were awarded group ccfmfjosed of Hayden, Miller & tem [all bonds offered Jan. 29—v. 185, 533- — were awarded to the lows: to 000 " .. City School District, Ohio Sale—tttiie $600,000 school improvement bonds offered Jan. bonds offered Jan. 29—v. 185, lg >. basi^of about 3.46% a Bond 1 Westfield), N. Y. Bond Sale—The $106,000 Co.; Watling Sweney Cart- wright & Co;, qW'-3V2S, at a price- Conneaut West field, & Lerchen & Coy and of Co.,- Inc., and Ryan, Suther¬ Co., as 3s, at a price of 100,32, a basis of about 2.95%. land from Bond • April 1 from on 225,000 3V2S. Due sive. 29 391—were awarded to p. Godfrey, building bonds offered Jan. 29— v. 185, p. 533^Were awarded to a composed of Northern group Trust Co., of Chicago; Braun, Bos& Jan. ris & National Cambridge City Sch. District, Ohio Bond Sale Ha^-iThe $1,600,000 worth Due group composed of Braun, Bos¬ worth & Co., Inc., Stranahan, Har¬ Principal 4ahd interest (J-D) payable Bank inclusive. follows: as $300,000 3s. Due 4,000 building equipment bonds. a Swartz, Education, Dec. 1 front 1958 to 1980 inclu¬ on 185, v. offered equipment bonds. Due from 1959 to 1962 Sale—The-$187,110 special bonds transportation 59 W. York & Co.; Arthurs, Lestrange & Co.; and Joseph Lincoln Ray, $4,700 Ohio of $cfiool 1958 to lows: County (P. O. Toledo), Ohio assessment to Feb. 14 for the purchase on $625,000 from (CST) on-Feb. .6 for the purchase of $8,700 bonds, as fol¬ p.m. \ 25—v. [ldredge & Co., and Hornblower )0.39, Lucas improvement Local 1 maturing in 1971 and thereafter are subject io earlier redemption. Offelijag-ij-Lester Clerk of Oct. on 1980 inclusive. Bonds ■* will receive sealed bids until ftica 1957* Due Bond (P. O. 3420''W .^Everett e Road, State the to swimming pool and service building bonds. Dated April 1, inclusive. OHIO " 14—were Feb. 13 for the purchase of $250,000 Bond — offered (663) NORTH' DAKOTA Kingston), N. Y. *:'/'/. Sale The $18,945 fire Bond inclusive. Hunter, of Greensboro. ister, Ulster Fire District" (P. O. >nds from; Principal and .interest (M-N) pay¬ able at the Bartk of Wadesboro, or at the Bankers Trust Co., New fork City. £^ga|i|y approved by Smith, Mooret- Smith, Schell & [elusive. - Frincipal and interest ■'-A) Dated Nov. 1, 1956. Due on Nov. 1 until 2 p.m. |r the purchase of $1,620,000 [hool bonds. Dated Feb. 1, 1957. financial Chronicle 000 Sale—An issue of $2,980,school revenue bonds was sold to a group composed & Sherrerd; Stroud & Blair & Co., Inc.; Singer & Scribner; Bache & Co. Hemphill, Noyes & Co.; Rambc Close & Kerner, Inc.; Schmidt Poole, Roberts & Parke; Warren Co.; $400,000 4Y2S. Due Feb. 1 from on 1962 inclusive. 595,000 3s. Due on 1963 1969 inclusive. 1958 170,000 to to 3.10s 1970 and due to Feb. on 1, 1971. 510,000 3.20s. Due 1972 1 from Feb. 1977 on Feb. 1 from inclusive. of Ira Haupt & Co.; Halsey, Stuart & Co.. Inc.; Kidder, Peabody & Co/ Butcher Norris, and J. Lee Peeler & Co., at a price of 100.09, a net interest cost of about 3.20%, as follows: Spartanburg, S. C. Bond water bonds Sale works offered The $1,000,000 system revenue — Jan. 30—v. Deane 391—were composed awarded of Blyth to & a 185, p. group Co., Inc., Robinson-Humphrey Co., Inc., and €0 The Commercial and Financial Chronicle (664) A. Law M. & Co., at price of a net interest cost of about 100.02, a 3.27%, as follows: Due on Jan. $100,000 5s. from 1 inclusive. 1961 1958 to 900,000 3V4S. Due on Jan. 1 from 1962 1987 inclusive. to 185, 535 p. B d o n School Indep. 1960 Offering E. — Clerk of the Board will receive sealed < Lien, H. bids until 7:30 on Interest F-A. clusive. 'VV ■<;*. TENNESSEE Jefferson County (P. O. Dandridge), Tenn. Offering—L. R. Sherrod, Bond Blair Co., Inc., First of Mich¬ Corporation, Schoellkopf, Hutton & Pomeroy, Stern Brothers & Co., Burns, Corbett.& Pickard, Inc.,, H. V. Sattley & Co., Inc., Watling, Lerchen & Co., and Keith 1957. to bonds. Due Dated March March on inclusive. 1972 from 1 1, 1961 M-S. Interest Legality approved by Peck, Shaf¬ fer & Williams, of Cincinnati. Marshall (P. County Bond Offering — R. 10 Feb. 18 for the purchase of $500,000 general obligation school im¬ provement bonds. Dated March 1, 1957. Due (CST) a.m. to group a & Co., Columbian Securities Corpo¬ ration of Texas, McClung & Russ and Co., & 3V2S. the foregoing supersedes report published in our issue of Jan. 21—v. Galena Park 185, Indep. School District, schoolhouse refunding bonds was Bond Offering—Mayor Herbert will bids receive (CST) a.m. on Feb. until 13 for 1957. Due Jan. follows: 10 1961 to 1958 1 Principal and in¬ terest (J-J) payable at the Han¬ over Bank, of New York City, or the Union Bank, or the First Na¬ tional Bank of Pulaski. Legality approved by Chapman & Cutler, of Chicago. to 1970 inclusive. 298,000 434 s. Due 1971 88,000 1991 to on Offering Hal H. — Bond Sale—The $1,500,000 court Carr, house and jail bonds offered Jan. County Judge, will receive sealed 30—v. bids until 2 p.m. (CST) on Feb. 27 for the purchase of $900,000 school to Dated March 1, 1957. Due 1 from 1958 to 1969 in¬ bonds. March on a 185, p. 392—were awarded composed group of Under¬ wood, Neuhaus & Co., First South¬ west Co., First National Bank in Dallas, Central Investment Co. of interest Chemical Texas, Corn Exchange Bank, New York City. Legality approved by Chap¬ Co., at man lows: clusive. (M-S) Principal payable & and at the Cutler, of Chicago. Municipal Securities Co., Rotan, Mosle & Co., and Russ & price of 100.31, a terest cost of about $1,018,000 TEXAS Andrews Indep. 000 from Sale—An issue of schoolhouse bonds sold was $1,929,refunding and to a group com¬ posed to The Harris Trust & Sav¬ ings Bank, of Chicago, R. J. Ed¬ Inc., Mercantile National Bank, of Dallas, Rowles, Winston & Co., and Burt Hamilton & Co., wards, 3y2s. Dated Feb. 15, as on Feb. 15 from 1958 1957. Due 1958 to 1972 in¬ Bond sealed 011 guenin & Boothman, of Dallas. 1 inclusive. March on 1 Independent School Offering bids — until 1 for 11 the $16,750,000 bonds, as H. L. Mills, (CST) purchase of inclusive. 1987 inclusive. 1957. Principal and interest Austin, Texas Bond water Sale The — works and DIVIDEND EATON $4,650,000 sewer system MANUFACTURING T exas the cents common a dividend of (75c) per Sale—An issue of $47,000 schoolhouse bonds January 25,1957, the Board of Directors declared on Liberty Independent Sch. District, Bond 10, OHIO DIVIDEND No. 146 seventy-five of Houston, at the holder's option. COMPANY CLEVELAND On (A-O) payable at the Hanover Bank, of New York City, or at the First City National Bank, Legality approved by Wood, King 6 Dawson, of New York City. NOTICE share dilutes of the was sold to the First of Texas Corporation, of San Antonio, as 2.65s. Dated Oct. 15. 1956. son, Legality approved by Vin¬ Elkins, Weems & Searls, of Houston. Company, payable Feb. 21, 1957, to shareholders of record at the close of business Feb. 4, 1957. R.G. HENCST, Secretary Manufacturing plants in IS cities, located in five states and Ontario Bond Indep. Sch. Dist., Texas of the & bids 1959 to 1984 inclusive. 20,000 334s. Due on on bonds Board of Jan. on 25 4—v. a of $2,000,000 improvement composed group follows: of Edward G. • $445,000 334s. from Due 1958 140,000 to 3V2S. March on 1974 Due 1 March bonds from 3.60s. from Dated Due 1979 to March on 1 1982 inclusive. 1970 to 1957. to 1, 1957. Interest Legality approved by Wood, & Dawson, of New York M-S. City. WASHINGTON 1987 due terest (M-S) 1977. by of in 1979 and King Bond Sale—An fire protection the Jan. on Dated Jan. 1 from 1959 County Fire District No. (P. O. Seattle), Wash. of as 185, p. 535 — were subsequently sold to a group composed of Rowles, Winston & Co., Dittmar & Co., Eddlemanv. Pollok Co., First of Texas Corp., McClung & Knickerbocker, Moroney, Beissner & Co., and Rauscher, Pierce & Co., as follows: Fund, 132,000 1971 4%s. inclusive. Due bonds as 4.90s. Due April on sold was Lake Washington Seattle), Wash. • • ' 24—v. to a 185, 91—were p. group composed Marshall, the and Pacific •- Seattle Bank, at awarded of Foster & Trust & price of par, a 100.26. a at $244,000 334s. Due 1959 to 1962 1964. and 1965 sewer price to of basis of about 2.76%. Feb. 1 from on Feb. 19 000,000 on Feb. $70,000 bonds. Treasurer, will receive 13 2 for high Dated p.m. (EST) tftp school purchase March 1, 1957. July 1 from 196(Mo clusive. Principal and bonds. for the Dated March on of 1 Ybrk interest of (PST) a.m. purchase of obligation March from 1, 1959 issue. fiscal on $1,park 1957. Due 1972 to seven in¬ years Principal and agency in Va. 412 Shoreline Sch. (P. O. Seattle), WEST Treasurer, Feb. 21 for the general Feb. 28 for the purchase of $1,571,000 school construction bonds. Le¬ 1977 M-S. Lega VIRGINIA (P. O. Charleston), Sale—The cord College bonds offered W. Va. $131,000 housing Jan. reve 28—v. 185 196—were awarded to the Fed Housing and Home Agency, as 234s, at par. Fin WISCONSIN Greenfield and (Town), Hales Cor Greendale Sch. Dist. South 92 (Villages), No. 4 (P. O. J 530 Street, Milwaukee) Wisconsin Bond sealed Offering Harrison — bids until 2:30 rec Feb. 7 for Due 1977 p.m. the Feb. 1 from 1 on inclusive. Interest Legality approved by Li Spooner & Quarles, of Milwau Marquette University (P. O. Milwaukee), Wis. Bond Offering—Rev. R. R. Auley, Treasurer, will rec sealed bids until 2 p.m. (CST) 15 for the purchase of Feb. 890,000 tory 1, non-tax revenue 1956. 1959 Due 011 1996 to exempt dor bonds. Dated Ma March inclusive. 1 f Inte M-S. Legality approved by Li Spooner & Quarles, of Milwau Wineconne Oshkosh, chester, (Village) and Clay Poygan, V inland, Wineconne, Wolf Ri will (P. O. receive (PST) on purchase of $575,- obligation 185, of and interest (J-J) 392—were awarded Savings Ba Chicago. bonds. WYOMING Prin¬ the p. the Harris Trust & Jan. 1 on Due Wis. building and equipment gen obligation bonds offered Jan. 2 v. a.m. Wineconne), Bond Sale—The $325,000 sch Wash. on cipal bonds. Dated Feb. 1, 1957. Due on Feb. 1 from 1958 to 1982 inclusive. (EST) 1959 to Virginia Board of Educa Bond Dist. Offering—A. A. Tremper, sealed bids until 11 at be from by Preston, Thorgr Horowitz, of Seattle. & son 1 Interest New Legality approved by County, Bond Offering—Sealed bids will purchase of $400,000 school house noon obliga 1957. to • from 1959 to 1972 inclusive. until 6 the Feb. 1, 1963 inclusive. Dated Jan. 1, 1957. VIRGINIA received for Feb. 1 from payable at the Treasurer's office, or at City. County 000 Montpelier. Alexandria, will until 11 and Omro Joint Sch. Dist. No. No. Giuliani, bids on Preston. Thorgrimson & Horowitz, of Seattle. in¬ oayable at the Merchants National Bond March on on (M-S) State's King Bank of Boston. Legality approved ^v Billines & Sherburne, of Wood¬ Peter the Due 1973 Secretary, Feb. on chase of $40,000 general bonds. Dated March 1, construction 011 and sealed 1, 1957. general County (P. Q. Woodstock), Vt. until (P. O. R.F.D. N on clusive. Callable after Bond Offering—Kenneth T. Al¬ bids 7 (C purchase $161,000 school bonds. Dated inclusive. sealed bids until 11 interest Town gen County Fire Protec District (PST) County Auditor, will receive from date of sealed for $6,500,000 ceive fol¬ as * 1967 Woodstock, Bridgewater and Pom- lan. 1 Snohomish), Wash. Offering—Wilbur E. Bond Bond Offering—Robert A. Mor¬ ris, a rec March Seeley, District Clerk, will fret Union High School District No. 4 of net in¬ a 3.43%, King County (P. O. Seattle), Washington $415,000 2.80s, until 2,500,000 Library bonds. Co., Savings lows: ' * ' ■ offered Jan. 29—v. 185, p. 392—were awarded to White, Weld & Co., and George P. Fogg & Co., as bids obligation bonds, as follows: $4,010,000, Civic Center bonds Northwest terest cost of about 1 bonds jointly, sealed Tho will Sale—The 220,000 3%s. Due Brattleboro, Vt. Sale—The Offering—W. C. Comptroller, $600,000 gen¬ obligation bonds offered Jan. eral VERMONT ' Seattle, Wash. Bond City to from 1984 to 1992 inclusive. > Dated Fe serially in 23 y Legality approved by Burnha Blair, of Spokane. West School District No. 414 (P. O. 1 from 1972 to 1983 inclusive. 307,000 County, 136,000 3V4s. Due April on rc (PST Due 26 Employees Retirement 3%s, at a price of par. Bond April 1 from on will a.m. for the purchase of $1 building bonds. 1957. issue of $60,000 State King $26,000 4V2S. Due 000 Di approved Principal and in¬ payable in Dallas — Treasurer, 11 gality approved by Preston, Thorgrimson & Horowitz, of Seattle. Indep. School District (P. O. Houston), Texas Bond Sale—The $465,000 school building bonds unsuccessfully of¬ 15 Feb. 1, March Due par. Dallas. Jan. County sealed bids until 10 elusive. price of a 1, 1957. inclusive. callable issue of $39,324 School (P. O. Newport), Wa Offering—Alice Beau to 1977 inclusive. Interest J-J. Le¬ Sheldon fered Bond well, Washington County, Metedi Consolidated 57 1 Legality approved Huguenin &. Booth- Dumas, man, Pend Oreille 334s, at San Angelo. or Legality approved by Weter, Shefelman, of Seattle. Clark County, Hockinson School Dist. No. 98 (P. O. Vancouver), Sale—An Interest erts & District No. general obligation bonds was sold to the State of Washington as Dated Feb. 1 from on inclusive. 1 March on dated are 1, from 1973 inclusive. are Those 1 March on Due 1979 bonds 1907 purchase March as inclusive. Due 3%s. from The March on 1969 to 1, 1957/ Due to 1 from 1975 to 1978 inclusive. 140,000 a.m. (PST) on F purchase of $145,000 for the inclusive. on by the County T until 11 No. Scott, Horner & Ma¬ son, Inc., Investment Corporation of Norfolk, and Strader & Co., as Bond 3V2S. be received Va. Webb & Co., follows: 1958 at par. Snohomish issue an Trus¬ tees, will receive sealed bids until 7 p.m. (CST) 011 Feb. 11 for the July 1, 1985. July 1, 1986. sol Committee Okanogan County (P. O. Okanogan), Wash. Bond Offering—Sealed bids Falls when Jan. on 3y2s, 196—were p. Finance eral obligation bonds. Dated July 1, 1956. Interest J-J. Legality approved by Reed, Hoyt, Taylor & Washburn, bf New York City. received were offered Offering—Verney Towns, President of composed group Bond Sale—A syndicate headed by John Nuveen & Co. purchased stock, Muleshoe pf $1,100,bonds Angelo Indep. School District, Bond April 10, July 1 from 185, State the urer follows: 1,750,000 athletic buildings bonds. Due on April 10 from 1958 to on T exas receive a.m. July 1, 1957 450,000 4%s. Due King San on . 29—v. 1958. Bond Sale—An issue of $725,000 school building bonds was sold to revenue foregoing 1967 to will and Warwick, 185, p. 196. $15,000,000 series 1957 bonds. Due on April 10 from 1958 to 1987 Dated a No — the Tex Manager, March fol¬ 1980 inclusive. District Business as March on 1975 Due 1976 to Houston clusive. Principal and interest (F-A) payable at the Harris Trust & Savings Bank, of Chicago. Le¬ gality approved by Dumas, Hu¬ to net in¬ a 3.86%, Due 33/4s. 482,000 Texas Bond 4s. from School District, to March Texas County (P. O. Blountville), Tenn. system thereafter County (P. O. Kountze), Hor¬ Feb. 1 from on Angelo, Texas Jackson 860,000 1,1957. Interest F-A. Legality approved by Dumas, Huguenin & Boothman, of Dallas. Sullivan Bond for from 1 from -;.s Feb. 1 from on Co., Columbian Securities Corporation of Texas, Dallas Union Securities Co., Dewar, Robertson & Pancoast, Rau¬ scher, Pierce & Co., Inc., R. A. Underwood & Co., and R. K. Dun¬ bar & Co., as 4s. Dated Feb. Hardin sold W. 601,000 inclusive. Feb. $30,000 3.10s. Due inclusive. 1976 to sewer was S. Feb. 1 from on Due of 46 (P. O. Seattle), Washington Bond Sale—The $105,000 eral obligation bonds offered Peoples National Bank, of Charlottesville, as follows: as inclusive. 1970 to $539,000 4s. Due 1988 inclusive. to 4s. 1989 Feb. 1 from on 3.44%, Bond Sale—An issue 000 school $114,000 41/2S. Due inclusive. on from Dallas, and Rotan, Mosle & Co., pur¬ chase of $700,000 natural gas sys¬ tem revenue bonds. Dated Jan. 1, 1987 of as Smith 1965 group composed of Mer¬ Lynch, Pierce, Fenner & Beane, Republic National Bank, sold to was of Scott, 20,000 334s. Due originally Texas a about 410,000 3.30s. Due Note rill Tenn. of cost $420,000 4s. Due on Feb. 1 >1958 to 1964 inclusive. 391. p. Bond Sale—An issue of $500,000 sold to 1982 inclusive. Pulaski, interest San Winston Rowles, of tion follows: on March 1 from 1958 to on awarded 2791—were composed & Co., Merrill Lynch, Fenner & Beane, F. S. 1971 $500,000 road 10—v. 184, p. Jan. offered Note—The County Judge, will receive sealed bids until Sale—The Bond bonds .No. and the County (P. O. Brownsville), Texas as Holly, C. 392—were awarded of Rauscher, p. group composed a 420,000 3.40s. Due Knickerbocker, O. 185, offered Pickard, Inc., and Stern Bros. & Co., at a price of 100.009, a net , B of hell Joint School Distri .4 Mason, Inc., Edward G, Co., Investment Corpora¬ Norfolk, Strader & Co., Debb & Cameron Lewisburg), Tenn. V Co. & Jan. Pierce, & composed & Smithers & Co., Burns, Corbett & igan Reed building bonds group ner bonds, Pierce group: Va. Bond Sale—An issue of $520,000 school a house to Ripley & Co., Inc., Blyth & Co., Inc., Salomon Bros. & Hutzler, John Nuveen & Co., will receive sealed bids until 10 a.m. (CST) on Feb. 25 for the purchase of $275,<l»00 school the of South Norfolk, 29—v. 1 inclusive. 1979 to members Texas King and Snohomish Counti New Legality The $1,250,000 — gality approved by Mitchell, Per¬ Shetterly & Mitchell, oI York City. shing, school Harriman Chairman, County 1976 from Other Dallas. Sale Bond April on Bank, Pampa Indep. Sch. District, inclusive. Due from date years approved by Dumas, Huguenin & Boothman, of Dallas. April 1 from on 1975 to 3.10s. 940,000 of Education, Feb. 1 for the pur¬ chase of $350,000 school building bonds. Dated Feb. 1, 1957. Due on Aug. 1 from 1958 to 1977 in¬ (CST) pjn. 1965 District, - National inclusive.- 1964 to 15 Principal and interest payable at the Mercantile (F-A) April 1 from on after issue. of follows: as $1,150,000 4s. Due Dakota South Callable 31— were 2,560,000 3s. Due Vermilion Jan. awarded to a group headed by Halsey, Stuart & Co., Inc., at a price of 100.029, a net interest cost of about 3.13%, DAKOTA SOUTH offered bonds revenue v. Monday, February 4, ... payable County Treasurer's office. Shoshoni, Wyo. Bond Sale—An issue of Legality approved by Weter, Rob¬ sold erts & 3s, at Shefelman, of Seattle. $100, municipal water system bonds to the State of a price of par. x Wyoming,