The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
and FINANCIAL ./ m , 111 ESTABLISHED 1839 Reg. U. S. Pat. Office t " illi Volume 193 " Number 6023 New York 7, N. Y., Monday, January 23, 1961 Price $1.25 Copy a News RAILROAD PUBLIC UTILITY - INDUSTRIAL • INSURANCE • MISCELLANEOUS - * Advance Industries, Inc.—Net Up— - - American Advance Industries, Inc., Cambride, Mass., had net income the fiscal year ended Sept. 30, 1960, an increase *42% over net income of $284,821 in the previous year, according James E. Ashman, President. $405,706 Sales the for $6,311,652 •United in this overall added, the itotals, prime on declined the of gain the and company's earnings and 12-month only $5,747,186 sales sub-contracts before. year in to ' ment Stock and Bond Quotations for : attributable was the to accounted i. . In This Issue to from to the earnings the of Keystone Ridge- New York Stock to the electrolizing Industries high-fidelity is operation. in engaged sound electronics, equipment electrolizing, ceramic equipment leasing.—V. 189, and 1017. p. Advanced Investment Management Corp. Offering— The tration of The Rector Bldg., of statement with common stock, to the SEC be offering is to be made Inc., for which it will (plus by $20,000 Jesse The tive L. entities is It share. per underwriter is owned to in engage ance, various other interests of per share. 111., inal 33.40% group for and andj others The (including warrants $2.25 and for 49,920 shares 130,000 Inc., The proceeds materials for to are purchase products. used be dairy distributing for 11 or Statement of Banks Reserve Banks The company SEC Dec. on covering stock ferred 29, offered filed 1960 shares 2,500 be to at of and of share), per series without with A pre¬ under¬ writing. began and 536,807 11 for sales that cents per fiscal 1960 that earnings, share. attention drew Coleman newest the product, ference between pointed out ended year after Sept. 30, equaled taxes, amounted $342,423, or $5,- the fact of costs SOIL-SET, were roughly equivalent net earnings in 1959 and 1960. said The launching Alco's the slight dif¬ the during assets Although figures nical and pace of for the first sales fiscal sales development quarter are not yet available, earnings will trail the like period the continuing costs of the tech¬ and fiscal year—due previous the the indicate estimates for all-time high. at an are to of SOIL-SET, well as as the disappointing ! The general board of business. % Frank D. Andruss, Bryn Mawr, Pa.; Cleveland, Ohio;' William H. Coleman, South Euclid, Ohio; Jr., Lafayette Hill, Pa.; E. A. Kilroy, Jr., Cleveland, Morton! Pacific Palisades, Calif.; C. R. Porthouse, Kent, Ohio; Robert H. Potts, Strafford, Pa.; Tinkham Veale, II, Gates Mills, Ohio; Clement H. Watson. Concord, Mass. Ball, -Peter M. Gelbach, S. Ohio; G. The J. corporation 192, p. is at Trenton 1193. Manufacturers common stock of Streets Philadelphia. in the of 'aluminum snowball' 63 per pounds car average heralds be¬ the Co. has been corporation.—V. is is been of offering listed Dec. a both p. been Jan. 12, for the as the terminated York It was mutual Stock had also to 315,000 shares up Exchange. that announced announced that Elastic Stop Nut of merger companies by for Stop Nut Corporation of America. purchase price of $25 per share net. ESNA companies a tenders disclosed that would Amerace negotiations with had registrar for had consent. proceeding with its original offer. date for the offer. Alcoa An America's record high in official average jump of said 1961 15% America—Auto on Jan. automobile over last year 10 that Use the use of Seen— aluminum Amerace's have been invitation made for tenders available to well as leading as letters of brokerage firms; Department of totals and 62.8 pounds,'representing a the eighth consecutive all-time automotive aluminum applications. ,, ESNA's, fields of cable. Amerace's Corporation hard rubber, Principal silica combs, moldings stock Comb Gavitt Its molded has is seven listed on chemicals, products include divisions the York New of New York— has been appointed registrar for the , & Foundry Co.—Registers Deben¬ A! f.\ \ '■ the of in Under will be will company the held rights now Feb. will right business of contemplated, for 28, the on I U ■i { on trans¬ debentures to 1961, expire i to debenture $100 one close subscribe to about rights to subscribe the given of the at the schedule mailed be proportion stock common i t holders of about March or to are to be convertible maturity, unless prices the and determined into but will AMF called interest for rate be of forth set stock common previous the in at redemption. have debentures the prospectus. to stockholders will be underwritten by a group of by Eastman Dillon, Union Securities & Co.—V. 193, p. 197. P Stock plastics, battery operating in electronic ana separators, the operating Co., AIC Wire Stop Chemical and Nut product companies is Cable the line parts, electrical industry. Co., Co., are American Electric and Ace major wire bowling Hard and balls, plastic Rubber Manufacturing Co., Supplex Bowling Co. and largest manufacturer of self-locking includes fasteners, rubber and plastic * devices, and high performance bolts for the 10 members of the ESNA group are Fastener Division, Eliza¬ Division, Elastimold Division, Stimsonite Division, Buchanan Elec¬ Products Corporation, Gasaccumulator Company (Canada) Ltd., Bolt Corporation, National Gage Co., Inc., ESNA Constructors, Inc., and Collins-Powell Company.—V. 192, p. 2505. trical The the Chase common excellent an two-fold increase in plant account and in revenues, gain in net earnings over the past 10 years, the adding substantially to residential and industrial loads, gas supplies and underground storage facilities with which this sharply expanding the past the 50% with service higher Milwaukee—we system the number And season. the year customers, to bring oil demand look to 765,000 with to ness present for for in gas and new excellent climb Steel industrial rapidly during Detroit, and the in start and oil 15% added, expect the of 35% ad¬ higher above in gas growth of our "we have been industrial busi¬ our subsequent current competitive being vigorous he We sales. 1961 the marked a househeating new homeheating continuation a 45,000 at enjoying gas area—coal than added spaceheating business, Mr. McElvenny said. "In addition to our domestic business," favored from ' During years. . . Great . has contracted with our Michigan Consolidated purchase of up to 25 billion cubic feet of natural gas annually during the next 10 years. This constitutes the largest single Co. Gas Corp. for the contract "Other Within the industrial of in we our Natural Gas of daily gas now billion cubic originally few interruptible than markets. We also expect a market." of business, supplies Laverne Field the a double day from rich believes that the American 100 million cubic in Federal k northwestern new gas fields in Power Cora- forthcoming in time for it to start taking million cubic feet of gas daily from Northern Co. million 50 next from contracting for basis. our total are and more volume management of 75 system 400 which to 1960 added to system gas And fall markets firm a Michigan 158 million cubic feet Canada. this our on expanding mission authorization will be delivery in expect Milwaukee our this additional western years, in increase care and history. both gas, two system in of of sales gas take long our manufacturers next substantial Natural in large volumes is constructing feet of gas has been cubic feet a facilities to connect in the Krotz Springs contracted day from for several this field are with field years reserves in Louisiana Deliveries ago. anticipated in the months. also Aircraft American established a new to meet and has system is customers. of world's Co. three-fold a The Co., Gas over the past decade and no slackening of the indicated, Ralph T. McElvenny, President, told The New Society of Security Analysts on Jan. 11. now to Natural growth Oklahoma hydrogels, plastic garden hose, multi-colored miniature wire and cable for electronic uses. and Ace of Following and feet Amerace . before a group of America's top automotive editors and writers at thq Detroit Athletic .Club, Robert B. McKee, Vice-President in charge of sales for Alcoa, said, "With these impressive records to Speaking t is To beth in Co. evidencing American increased may also be obtained from the Corporate Agency the Chase Manhattan Bank, which is Amerace's agent. aircraft Hike missile ./ stock The been system It has set Jan. 27 copies Like trend Cryogenics, Inc.—Appointment— further To for another and of Atlas offering Lakes Amerace. negotiations merger now closing Copies of transmittal, The Aluminum Co. yet as service is Amerace Elastic 2505. Co. ... of option vantage in Elastic New tender. undertaken On 16 called for a the on 13, such On stock common Amerace stock nuts. appointed 192, stock. heating Corp.—Asks Tenders— Corp. on Jan. Co., • ■ Inc.—Appointment— Trust the William and - Alloys Unlimited, The the the year the as double Amerace's —V. 1961 on Exchange. directors includes: Trust 1961. debentures The "the average car wjll require at least 115 pounds of aluminum, today's usage, and by 1970, 300 pounds per car would not extraordinary.—V. 193, p. 1. about further that over the past four years, Alco had retired debt of that despite a write-off of over $560,000 in oil properties same period, the company's net worth and net current Centaur 3 Assurance debentures 28, conversion not he said, $870,400 and , Feb. holder's The York today's to Coleman the the a series of "startling" jumps in aluminum use in the auto¬ industry. He predicted the next five years will see aluminum bumpers, wheels, radiators, and rear-axle housings on cars. "By 1965," make that for 50 . motive about ... to Division, 1961—16 days after such mailing. Debentures not purchased through the exercise of subscription rights, will be sold to underwriters. ginning of Amerace to Support 16, rolling." McKee Mr. Corp.—Annual Meeting— meeting held in Cincinnati, Ohio, on Jan. 16, 1961, Chairman, presided, and informed"the shareholders Coleman, H. W. annual the At Chemical & the shares prospectus a record Amerace Oil Ground American Natural Gas Co.—President's Remarks— be Alco the 50 proceeds are to be used for working capital. The by company. 'A.-, ■ warrants common other notification non-cumulative ($100 Power the common for 20 about The report, I hope to look back letter a 7va% o> par of each ferable Redemption Calls and Sinking Fund Notices 50 The Course of Bank Clearings 47 really the consummated possible changes in market conditions and other reasons necessitate delay or abandonment of the proposed issue, firms headed Publishing Co., Seattle, Wash.— Files With Securities and Exchange Commission— a Patterson, AMF Board Chairman. to may subscribe 49 Member of Morehead holders 1 'Federal Reserve System........ Combined Condition Statement of Federal Northwest Alaska In & Subject Foreign Exchange Rates issued July, and kilowatts; York New which Anchorage, equipment to 175 company filed a registration statement with the Exchange Commission on Jan. 17 covering a maximum $40,500,000 20-year convertible subordinated debentures which the company contemplates offering to its common stockholders, according AldiSk8< The at of Exchange Commission— through Paul Nichols Co., share, per rated 192, p. 2117. Equitable /. Securities 54 Condition stock tures— Dividends Declared and Payable McChansboro, Precision American Machine 39 19, 1960 filed a letter of notification with shares of common'stock (par $1) to be Dec. on covering at of 39 ___. General Corporation and Investment News.. State and City Bond Offerings — An will, be program, Manufacturers capital to Creamery Products, inc., Anchorage, Alaska— corporation SEC offered McMahan E. F-108 systems.—V. The 44 Markets.^ Miscellaneous Features Hirsch of the Eglin Air Force Louis and be Appointment— 41 at working capital.• has outstanding 149,420 shareholders at 25 cents which warrants are exercisable between Files With Securities the Carolyn B. . the American 40 39 purchase fixtures, by and Stock 39 39 1962 at 25 cents per "Share. October, Alaska estimated furniture 39 ... additional 224,420 shares are upon the exercise of warrants issued to the orig¬ issuance investors, sale, acquisition for will was $640,000 in new contracts received by AEI's Instrument Division for resolvers and tachometers for the fire control and radar system of F-104 and F-105 aircraft systems; and $44,000 for a new type astatic inverter, developed by American Transactions New York Stock Exchange Transactions American Stock Exchange of the outstanding stock and management 13.40% owns management officials), 1961 for and of the outstanding stock. 14.28% reserved to a Florida in organization, stock for with 37 Dow-Jones Stock and Bond Averages prospectus, the company purchased by the present 21 Byrd owns 10.68% as the of the to shares, officials proceeds largely as a reserve insurance, as well as sales a According common Net used life in establishing Base services. will be $851,895, generator Division, American Electronics, Inc. Contributing to the total bookings 37 National Quotation Industrial Stock Averages SEC Index of Stock Prices phases of the insurance industry. the insurance business, but would typically home-office operational procedures of insurance including underwriting, policy issuance, handling reinsur¬ premium accounting, production records, premium billing, and Each three generators will operate continuously with one standby. together with an add-on contract covering spares used car, 45 unrelated all to of the bookings is a contract from Seattle, Wash., to supply eight diesel gen¬ prototype power car for the Air Force's Minuteman contracts, Over-the-Counter companies, Heavy Military Equipment Division, Syracuse, portion Company, trains. power 37 this the These 37 power company President, and two other officers. organized in October, 1960 with the primary objec¬ insurance home office service and management and for Electronics' an related in 40 controlled and missile 27 ... sets 39 a The ground-to-air data link to manned and unmanned the 412 L Air Weapon System, under a contract received Airplane erator Exchange Canadian Stock Exchange—.. Toronto Stock Exchange Toronto Stock Exchange—Curb Section The best efforts basis by Advanced Underwriters, receive a selling commission of $.525 per share on Boeing 39 Jr., chartered not attend public sale at $3.50 | a included Montreal filed a regis¬ covering 300,000 shares 1961 and with the related secondary purpose of owning investments engaged in the business of life insurance, automobile insur¬ other and ance for 13, as Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange Little Rock. Ark., Jan. on offered expenses). operating company, in for Byrd, company was of Proposes — 27 Midwest Stock Exchange...... Pacific Coast Stock Exchange - corporation, Also 15 New York Stock Exchange (Stocks) Exchange (Bonds) American Stock Exchange : Boston Stock Exchange. Cincinnati Stock Exchange.. Detroit Stock Exchange used weapons within from General Electric Co., New York. , • Page 3-month against increase to Advance tile, these 61% said however, Electronics, Inc.—Contracts— Receipt of contracts totaling $1,940,000 by American Electronics, Inc. is announced by Pnillip W. Zonne, President. The largest single portion of the total bookings, amounting to $1,218,000, includes the design, development and manufacture oi a trailer containing a shelter housing telephonic, electronic and radio equip¬ of earnings in 1959. The gains, he partially offset by additional expenses in the Electrolizing organization strength and institute complementary were processes and reduction cost Division, Division Of Government year,, Ashman Mr. ;way corporation, 1959. States 46.9% of for Manhattan Bank has been appointed transfer agent for stock, 50c par value, of the corporation.—V. 192, p. 2605. 240 Cedar dale under leases gas billion fields supplies cubic feet southeast covering an area American of proven of Laverne of more in than Natural reserves has in the northwestern 275,000 contracted Lovedale Oklahoma it is acquiring additional reserves and acreage. This is a new great potential which may take quite a number of years for full development. acres, and actively area of The system has hi operation underground storage fields in a working capacity of 118 billion cubic feet. facilities, the system on peak winter days has a deliverability of more than twice the capacity of its two pipe lines. The system has other and as yet undeveloped fields with capacity of Michigan - bolster Thanks now which to have these 4 ( & > . Chronicle The Commercial and Financial 2 cubic feet, and it also has extensive storage reservoirs which management is satisfied it can develop in the future as storage fields which will greatly increase the system's storage volume. . In addition to enabling the distributing company subsidiaries to handle large heating loaas in winter, the storage fields aiso permit the svstem to make short-term purchases of gas at relatively favorable rates" from other pipe lines which do not have storage facilities. oil in riirhts Natural Gas Co. and subsidiaries for the calendar year 1960 were at about the level of the $4.90 a share reported for the 12 months ended Sept. 30, 1960, Mr. McElvenny said "We look for an increase in net income in 1961 and a further rise' in 1962," he added, "as the benefits from our larg.e expansion program of the last 12 months and continuing into the first half of Operating expenses— Other the sale of waukee two Gas Light as a internal said, "and American that believe from not do plan this Natural should Natural entire at this year."—V. time to sell 192, p. Mr. of corporation, have of with 811 the Natural class & stock A Co. ar.d record holders by Gas Corp. Smith, date, on class and/or the for Monsanto to Corp. of of stock the properties, integrated oil oil the and for and gas properties, properties of Anderson-Prichard. the company will pay $26,200,000 Ave., Houston, Jan. on due April 1, 13, 1961 1981 B class of the & Barney are to and of Co. head the debentures, list of shares each for 70 M. Loeb, Carl subscription price in the and other liquid hydrocarbons to tank cars, tank trucks, distribution cash,, stations, According properties done President. Burden According & Carl of of receivables and miscel¬ the company intends to inventories, the prospectus, to conduct such business the same as they The company's principal business offices and past. Co. M. and Lceb, to the prospectus, partners of William A. M. of their immediate families, and partners members Co. & Rhoades and families, will be entitled to purchase 15% Rhoades underwriters. such oil be in Oklahoma City. The net proceeds from the sale of units, together with $12,000,000 to be borrowed from banks, will be used to purchase the said properties and business of Anderson-Prichard. The company has outstanding 1,000 shares of common stock which will be repurchased by the company at their issue price and will be included in the securities to be offered. Roland V. Rodman is listed as 505,105 shares of com¬ such securities in units five commcn shares) for B stock of Union Texas unit assets. been crude pipeline, products a units The of and un¬ to be Union and be supplied by amendment. V. the offered Texas extent 192, p. stock; to prospectus the but which does not will exercise their they 'v ' 893. if immediate and 10%, respectively, the company by reason sale by for their of members of the of their holdings indicate whether subscription rights. • .'>■ • from Corporate and Municipal Financing Ahead gather¬ Kansas and Cyril, Oklahoma, pipeline will Texas, filed a registra¬ covering $10,102,100 of Texas. two transporting operate have of The properties to be acquired by the refineries producing a variety of products, acquired. being service facilities, and class one Union of interest rate of the derwriting terms A basis stock refineries, laneous 192, p. 1607. the sale.—V. approved systems the 69.56% represented, were adjustments) Arkansas City, ing commcn 4% its minor consist company consisting of 50% of subordinated notes. Chemstrand 50% also Rusk SEC debentures, subscription IjGO exploration in purchase certain located at outstanding. shares stockholders in end shares stock. The company proposes to offer (each unit consisting of a $100 debenture and McElvenny common stock 3,298,581 mon 593. any investment common statement to the properties to proposed approved the nave Chemstrand in equity 50% Corp. will receive 3,540,000 shares of Monsanto numbtjr subordinated funds adequate have investments," these make to sources we American of Co. subsidiaries. "We The tion will invest approximately $8,000,000 Wisconsin Pipe Line Co. and Mil¬ part of the financing programs of these >V stocks common Viscose American Apco Oil Corp.—Proposes Rights Offering— v its finance will Co. Sale Approved Corp.—Chemstrand Viscose of Viscose total 30, and will, assume its proportionate share of Anderson-Prichard's current liabilities and obligations allocable company's its engaged consideration (less meeting, the tracted As 2606. Monsanto American Natural of Michigan 1961 During Light Gas 4,941,436 for the At construction this year primarily through funds obtained from short-term bank ^ans, to be replaced by permanent financing in 1962. Milwaukee charges—— 8,386,522 100,780,093 95,624,028 5,475,767 677,052,557 625,092,G23 Chemstrand's 1961 for plans 9,953,997 p. Aug. on Aug. 15, 1960. Texas, and others under Delaware law the company, Union organized was of production of crude oil and natural gas and transporting, refining and marketing crude oil and petroleum products. Under the agreement, the company has contracted to acquire the transportation, refining and maiketing properties and business of Anderson-Prichard, and Union Texas and others have con¬ 31,638,846 income- the of stock contemplate the sale of approximately $30 million bonds by Michigan Consolidated and the sale of about the same amount o£ long-term debt securities by Michigan Wisconsin Pipe Line Co. Michigan Wisconsin also is expected to borrow about $20 million from banks on short-term notes. / In Monday, January 23, 1961 . agreements providing for the purchase of all and assets of Anderson-Prichard Oil Corp., an company 69,787,000 34,439,053 Chemical Co. 1961. in purpose Financing 7,075,000 s 73,709,459 2,904,171 American million in 1960 for property additions and management expects to spend another $68 million and replacements, for 6,179,114 2,919,763 Stockholders $125 spent system after —V.192, date business taxes— operating Net operating Net 31,467,467 — $ 544,197,127 508,760,728 28,432,618 335,268,517 311,710,854 taxes— income Federal realized." fully more are The . entered into 46,798,311 50,520,341 revenues—— $ $ $ Operating company Under 1960—11 Mos.—1959 1960—Month—1959 Period End. Nov. 30— Consolidated earnings of American 1961 The American Telephone & Telegraph Co.—Earnings- 45 billion producing additional an . (374) our chronic, massive Federal debt. We can't seem to laugh our percentagewise it has become a smaller part of cur GNP. debt off even , , post-inaugural week does not look weeks of the 28-day visible supply this, $161 million alone consists of tax-exempt State and local issues. The promise is for not as active a week as last week but the moderate demand for capital for the as though it will continue in the subsequent three as of this writing. flood of short terms, as Mr. Martin recommended 1959, it may: (1) create larger economic problems later on than those now being subjected to "the" cure; (2) it will be a case of treating symptoms instead of causes, for our economic problem is viewed here as one of cost-price relationship; (3) and when it comes to competitive retaliation, our trading competitors abroad are no slouches either when it comes to fooling around with sleight-of-hand economic trickery. The four-week float shows Full attention should be devoted to decline in late the free market interest SIDNEY By Should BROWN the Treasury let loose a in July, Financing planned for this week, commencing January 23, totals $268 million and of a slight gain for corporates but is more than offset by the municipals. Both of the scheduled types of financing, taxed and tax-exempt securities, add up to a dip in the total for the January 23-February 24 period. not of FOUR WEEK FLOAT AND HALF a that which reveals reducing rate. What's recession. table below a projected. They should offer a better indication of the total supply of public offer¬ ings and the shift, if any, from equities to bonds, than a mere tally of bonds and preferreds. Aggregate figures bring written descriptions of offerings into clearer perspective. That's why tables usually accompany text. It is possible and practical to gauge the price of those equities that do not yet have an offering price in advance of sale since they are checked out weekly and adjustments made in the light of changed conditions. By toting up the totals of bonds and equities—barring a catas¬ trophe—the picture is taken as of that time it is snapped. We all change after a picture is taken, and this is true for securities and market conditions. The cogno¬ scenti take it for granted and, thus, automatically make the adjustments after the week's tally is made and until the next one, in our case, seven days later. This is no problem to them or to us. FOUR WEEK FINANCING Corporate Total Stocks Corporates *Municipals $35,520,700 6-Feb. 10__. 52,225,000 24,191,900 $106,720,700 39,341,720 76,416,900 Feb. 13-Feb. 17__. 46,402,300 71,399,950 117,802,250 $179,127,300 $161,154,270 177,000,000 118,968,050 $340,281,570 295,968,050 Total- — ; Municipal sales in the week ending January 18 came to an impressive $200,261,000. Additions to the Chronicle's municipal calendar of January 19 amounted to $111,483,- 1, : 000,000. The table backlog data in below 30,041,720 or more. WILL THE when and , TREASURY senior debt bills' 90,245,000 20,335,000 68,027,000 $339,676,000 392,392,000 Total corporate FOLLOW J — FEDERAL securities narrowed to yield exceeded taxable bonds. and however, another its What the spread widened between is concerned about 1958. Corporate stocks without dates Total corporate $679,957,570 688,360,050 / RESERVE'S narrowest occurred point in in the January, end of 1959 1960, and our short-term short and long terms. yield direction and, The Treasury, apparently, fears- investments here attractive. Though this is not 1959 but a year of considerable pessimism for the short-term outlook at least, it still is conceivable, that the Treasury may take Mr. Martin's advice. The next problem will be, how will monetary management fare under this debt-management arrangement? A (49) $450,878,600 (56) CHOICE cal mind not too concerned with the economic dangers involved but it hardly would do the same for the monetary-banking authorities. The latter's problems would over and above $1,031,216,170(100) 175,082,230(160) $1,206,298,400(260) $1,625,079,270(287) $1,657,177,000(316) Municipals. contending with the $490,426,000 (65) $577,617,000 (67) Add NOTE: Co. and which to Corporate Bonds $30 Municipals to were million $30 LARGER ISSUES was IN million Southern California Edison Georgia State Highway Authority set. THE NEXT FOUR WEEKS lists the larger corporate and municipal issues expected in the next The following four weeks:. add announced after this " /'' ' ! 155,000 shares of Mortgage Guaranty Insurance Corp. com¬ mon; $7 million in bonds of Otter Tail Power Co.; $12 million in bonds of Texas Power & Light Co.; 250,000 shares of Avery Adhesive Products, Inc. common; $50 million in debentures of Montgomery Ward Credit Corp.; 600,000 shares of United Financial Corp. of California common; and in Municipals—$3.3 million Fremont Union High School District, California; $20,303,000 Maryland: $8,495,000 Milwaukee, Wise.; $76.5 million New York City; $3 million Pittsburg Unified School District, of January 23-27: California; $5 million San Diego, Calif.; $3 million Mobile Board of Water and Sewer Commission, Alabama; $6,386,000 Huntington & Smithtown Union Free School Dist., New York, •' - 30-February 3: $6.8 million in bonds of Kentucky & Indiana Ter¬ minal RR.; $16,250,000 in common of Midland Capital Corp.; and in Municipals— $4,832,000 Saginaw, Mich.; $8 million New Mexico; $28,980,000 Connecticut (State of); $8.5 million Oklahoma City, Okla.; $14 million Houston Independent School District, Texas; $10,328,000 Milwaukee County, Wisconsin. Week of January Week of February 6-February 10: 360,000 shares of Berkey Photo Service, Inc. $45 Co.; 300,000 shares of Texas Gas and in Municipals—$10 million North Carolina. million in debentures of Consolidated Natural Gas Transmission Corp. common; 235,100 shares oL Maryland Cup Corp. common' 900,000 Storer Broadcasting Co common; $20 million in bonds of Chesapeake & Potomac Telephone Co.; $3.5 million of Jeffer¬ son Lake Asbestos Corp. units; 326,682 Shares of common and $15 million in bonds of Puget Sound Power & Light Co.; $8 million in bonds of West Texas Utilities Co.; and in Municipals—W7,550,000 Baltimore, Md.; $15,802,000 St Louis Mo ' $3 million of February 14-17: shares of Southern Co. common; 263,000 shares of lengthening of our Federal debt has not been a success in the past eight years despite strenuous efforts made in that direction. Three business declines and several deficit years have revealed the difference between intent and effect. To engulf the composition of the debt with short terms may make life more pleasant for the politi¬ complicated $1,012,907,440(102) 203,691,130(136) £ Includes $21,036,600 in preferreds (4 with offering dates) and $6,055,900 (6 without offering dates), or a total of $27,092,500 in preferreds. Week IIOBSON'S The (32) (24) ;__S1,215,598,570(238) stocksx Corporates J McChesney Martin, Chairman of the Board of Governors of the Federal Reserve System delivered an elementary lesson to the Joint Economic Committee on why a "bills only" policy is preferable generally. He did this last July 24, 1959. In that year he advised the Treasury to bring down the long-term yields, which is today's problem, too—according to those who believe that by manipulating interest rates you cure an adverse international balance of payments—by issuing, then, $20 billion of short terms and using the proceeds to retire outstanding long-term debt. If the Treasury were contemplating this now, what would occur? (1) It would create liquidity in the economy since short terms are near money, and bonds would, as a result, become more liquid. (2) The yields on short terms should go up due to the generous supply and assuming the international political state of affairs does not get hot, or we do not go into prosperity. The former would mean deficit financ¬ ing on a war scale, and the latter would naturally change the interest rate pace— more 104,976,300 ADVICE? William become $345,902,300 • Week and make (29) (20) "$409,480,700 bonds__ Corporate stocks with dates early 1960 did not stop the gold flow, insofar as our lower short-term yields were unfavorably to European yields. Since early 1960 the rate has declined, course, Last Week $307,027,300 102,453,400 Corporate bonds without dates compared of intentions and dates. (The Total Backlog In the last recession of 1958 the yields on 3-month Treasury bills plummeted to 1.839, and high-grade municipals were (Standard & Poor's) 3.56 and Aaa corporate bonds (Moody's) were 3.79. Since then, the sharp, short, very wide spread between bills definite offering with This Week Total $1 million :: v issues all not had tentatively assigned offering parentheses denote the number of issues.) Total * ; ; covers issues which have includes those $267,789,700 129,586,720 96,751,900 185,829,250 $71,200,000 9,300,000 Last Week's Total amount. Total of Both 3__. Feb. WEEK PAST Financings $161,069,000 THE IN in the week Corporate bonds with dates___ Bonds Jan. 30-Feb. out ending January 18 came to $90,672,842 and, of this, $44,525,000 were in debt obligations. Private placements tallied $17,490,000.,. The Chronicle's corporate calendar of January 19 had added to it from the backlog of issues without dates $28,693,000 and $6,050,000 were in fixed interest rate issues. The Great Northern Railroad equipment trust certificates took up $5,400,000 of this latter Corporate sales FLOAT Corporate Jan. 23-Jan. 27 costs instead of trying to manipu¬ our productive efficiency and stake is VERSUS FULL BACKLOG PROJECTIONS recapitulation of estimated demand for capital in the next-four weeks-for corporate equities and bonds, and municipals with set sales dates. The data are obtained from both private and public sources and are carefully provides our ». CHANGES The at inability to remain fully recovered when we come our problems arising Harrison County, County Development Commission, Mississippi. - % January 19, 1961 • Volume 193 Number 6023 . . The Commercial and . Financial Chronicle (375) Arizona Rent-Rite, Securities and securities ana The corporation .the bEC par ($2 The Ariz. Files — With without are. to be to rent equipment for million, which .."However, Forces Land Corp., Sioux City, I960. "The of loans $107 was held by million Bankers Trust in 1960 The corporation SEC at $25 Dec. on 30, filed 1960 covering 1,000 shares of letter a stock common with to1 be offered par) in # . A of , , ,. rp, Associated , _ Testing . Laboratories wf r J11?1 ?? ' 2So£°nni double the $486,000 ™ 30, I960—almost last Announcement year. jointly of man York uGciety of sharply to $88,000, from 11.3 Mr. preliminary net Wayne N J., for double the earnings the shares Messrs. six had recorded same addition their in of projected sales of for the fiscal million $4 in ending year 1962 and May indicated 31, that the and of them, outline an disclosed that laboratory England of the in the would 1961 ahead. Winter Park, laboratory Fla. the on growth in in testing 191, of figure into to next 898., p. Bell environmental in the manufacture in Tonkowich and its . * - *. — T of complete a line f, and year This of of missile n . — PI? f are valpecjl.. lo foi ! f ac»A assets acquisition were without dilution the end ■ „ , of the According to program Mr. Denney, expand the Automation „ . See T Miciodot 8,"88,79d 1,443,435 r 3. p. BPL & „ below. 1no V. the i$i par share), per notification be The the Corp offered at at Dallas; Baltimore oaiiiiiiui e The unit. per of with in Associates used SEC for of Agents), acquiring Prior to Ave., title to will of has been $8,000 the o land York General City, Electronics, to thp between varying deposited be said the by behalf the to? containing mburb in 1961 Inc. and of interests be" purpose discount and Md contract a the above in Associates in the total part of their contribution. The to receiving tthe iSrP?frChaSe contract in Associates wh? mv? nnpratt Hip q!?! Tower's mSs tIp Sfnnn m-niLc be^DDlied^o th? mfrehfli applied to the purchase will be Bankers XianKers The 1960 Trust irusi company's as 189 Co ^O. compared to $2,137 hw' in con- of i * the freezers, previous million in other according to year, deposits locations hv the a Mich? Lake, declined about $8 million - Ftnhn a V ' for common Therefore, +Qv, each-ten I0r The rights expire The offering is bein0" imro'+mont *hve.>vment C in "°n''1 !h"eS T"' "S ° the planned company s manufactured and distributed bowling games. of process The developing machine have the and been fabricated machine authorized an 71 to is in now for its the of program cents As 11 months $7,C86,0J0 share, per corn- pin-setting or tenpin bowling, played in most sections ninepin bowling, a game played in many y thijs ended and net the company final phase American Nov 26 1960 sales other and share. Nnv machfnes 96 1Q60 th* h»,n„n app'roxhnaTeS'$IV88 was . of al JompaSd^ 280 - to this of offering common . the stock, °£ 30 cents cumulative preferred will company 10 cen stock of $1 s par, and par - Webber f- Curtis Jackson Estabrook Lee Communications Corp..~IIIIIIZ Higeinson _v 192 Burnham'& 9 9 Co" & Weeks & & ov-arp Co HammiU 7' win'JimxT 3 clkyton"^curittes"Corp" suant to Jan. a 18 ~ y - (James) Brooks & Co., Inc.—Securities : prospectus, * • 3 •: Offered—Pur- Lloyd Haas & Co., Each radio concluded • unit consists of $400 of debentures, 50 ancj d.s- fi- a which rant the to fifty incorporated to Take over a under the business laws the of established noticeable 1959. In existence transfer the of of early funds part attractive more of to 1960 foreign this opportunities short-term flow foreign time deposits once again began to deposits were higher than a year earlier." Income ment —or and » in derived this about to a from interest both to a on loans higher from auto unskilled department laborers and workers, etc., porters, mechanics, factory generation, younger to stores, office export workers firms, restauand in a in in April 31 such well pro- professions. has company recently created jewelry a department A debentures, estimated.at approximately $245,000, after deduction of the commission ($67,500) on the sale of the whole number (1,000) of units and of expenses,/ will be applied to the reduction of accounts payable to factors. The $98,550 Which series be amount of oLthe notes demand in payment for the 219 units comprising addition to cash payment of accrued interest), (in cancelled. CAPITALIZATION GIVING EFFECT 1 Movrcmprpc. TO PRESENT Uf mnrt„„ 7 « morte-aep" Credit James 542 6(1 000 ~ <fi 59 060 14 830 15 000 Corp. Brooks East & 138th Co., 352 __ Corp.: Burner 1.165 — Business Loan FHA guaranteed Notes 11,700 — Inc. street Factors Loans 512 -*- — - — — *51,100 — Payable—unsecured: Mark Sue Co . N°ble Sal s> Co. Everand 190, Outstanding Loans: Vista Walled FINANCING ' ivuuAuthorised Bank company, accepted debentures be are principal to are B 1.000 - -- _. nehentures ♦q„hnrHinotPH io'ooo «TnoftOOO" • B?rid®t0"%I,nC"-^!foS mP7 Period End. Dec. 31— 119 b0—Montid Sales showed of a larger average volume of loans held." "marked 1959 to interest improve- $80.6 million rates in 1960 196, 19-9 5 Monfhs 45^^=1 ,959 9 J9'J9 J5 M'5 |959 $14,169,158 $14,092,674 $41,91^,751 $42,4ol,4_3 ' ! —— — —v- 192> P- 1194- * . The average'rate earned * Net Aug. earnings 1960, 31, holders. annual ~ §Estnnated. amounted to president $139,028 Reuben A. for the 12-month Dankoff has period to liability or of the otherwise to as principal and interest, to indebtedness or other for money borrowed from, or guaranteed to, trust companies, loan and savings- asso- company due to, banks, ending ordmated, stock-. This compared with $41,685.29 reported in the company's first report issued last year. The 1959 statement' was a pro-forma 1 ' tl4o',000 . ^Subordinated, . reported 3i?-iss 20o',000 to pnncipal and inteie t, to as tExcludes 60,000 Warrants.—V. 192, shares reserved for spries"A^debenture!?0 • issuance upon exercise ' — ■ William Street, Dana Chickgo of March NOTE: 3, On AND Seibert, 3, FINANCIAL Treasurer; Illinois 1879. account CHRONICLE George (Telephone STate Subscriptions in .United of the fluctuations J. in (Reg. Morrissey, 2-0613); States, the rate U. of U. S. of 1707. p. — —" - THE COMMERCIAL in banks, as and etc., PROCSEDS-Tlie proceeds of the sale of 781 units, comprising series Bowling Corporation of America—Net Up—Expansion level — caused markets arrested, and increase. By Dec. type of income from $70.6 million in 14%—due had money was in poses to add a mens clothing .department in April or May, 1961. another-. facilities Port was 1954 range companies, various The Corp., and in skilled the of oil Plastrav additional been occupations parts. housewares; company York had workers the case insurance - Corp.—Expansion— Mastic shares, common an are primarily immigrants or first generation descendants of immigrants. Their - subsidiaries- of instruments, lamps, gifts, etc., in a congested low income area in the Borough of the Bronx, city of New York. The company's customers , the electronics field." purchase acquired by the present stockholders as a partnership in 1950. The company is engaged in the sale at retail of household furniture, major electrical appliances, jewelry, cameras and photographic supplies, typewriters, television and stereophonic will merger the shares of New 1911 and training devices proposed for BUSINESS—The State in bringing about the this warrants common 3s-sssThe 5 &"co"'Inc"5 whitp^mp •- com- 9 ~ Inc' *. stover, 9 Go" & * Co Fidder 9 1811 p. Moselev s Siiearson ----~ ~ Noves respective % F 20 _ Co' & Hemphill the % 10 _L in w & Granbery. Marache & Co concern, stockholders, common - ' Hornblow'er carrier recently p-1831- 1959. of Bowling earnings were $63o lud equal $5,420,209 and net o'f $5 44 3 55 with as compared per of $5,000,000,* Paine, in Michigan, Illinois and Indiana, Bohn also castings, pistons, bearings and bushings, and refrigeration and air conditioning products. of snare nf company not subscribed for. by the percentages indicated below • . Mr. one ® are Steel Corp. at Fort Lauderdale, Fla., which sells cement products used in building and highway construction.—V. steel i92~ V 192» —v season SS'SiSif''fI -Nf-W 7°** K*' A'«P"bUcly wholly1>000 unites of this firm S securities at $450 per unit. fabricated two bowline UNDERWRITERS—.The underwriters named below, for whom Paine, Webber, Jackson & Curtis rmd Granbery, Ma-racbei Cb. -are> tacting as representatives, have severally agreed to'purchase- from the company, at $20 per share, any shares of the additional common stock which will continue to produce louvered lighting panels, owns fhV Riw+n 01 , the . the Board; of to i69:75] surviving company ^iianufa^turei net tw nf rate crrnnn nr amounted cents clebt * into 1a ra 011 Nov. 25, 1959. CAPITALIZATION—Giving effect have outstanding 868,508 shares of companies and to be companies, it is proposed that merged of under aluminum commercial ortriiHrm Tn •" glades time thr Z*artge ball" ?» pin.setting Plan psychological testing, aluminum • red Wed With $1'228'920 Van is engaged in important developmental as the University of Pennsylvania, the and the Veterans Administration," : & Brass the for other and heating, .* average for , At $2,198 to ^ C0BP"J,'• 1960 total DffWc recently Teen more ?TS BACKLOG as manufactures to shareholders. Conversely, of Philadelphia a has equal its present line of curtain wall components, grills for architectural and product applications, refrigeration tubing, aluminum evaporators and cold plates for refrigerators and Keport— rose at EARNINGS—For the markets. Dallas, — The Adrian facility aluminum extrusions, "Rpnnrt in E' concentration commented, "This is step in Bohn's program to modernize its manufacturing and improve its competitive position." e P^°Pfrty ?i! S? °J ,participating the property. nf deposits million ' owned" b the . spokesman n andTtafed tha?addftfionnl Cincinnati? and Vout? machines used for "small ball" v, to 78 This corporation of Detroit, announced plans on Jan. 6 to expand its facilities at its Adrian, Mich, plant, for the production of brass rods and shapes, and aluminum and brass forgings. Bohn management indicated that under the expansion program new, modern manufacturing equipment will be acquired, which will result in increased efficiency and improved methods of maintaining a high quality product. The .relocation of this manufacturing operation from a pre-wono War I plant in Hamtramck, Mich., to a modern facility located in, a"more centralized market area, will also result in improved service to Bohn customers It is anticipated the transfer of operations Adrian will be completed during the third quarter of this year. A el nH«' price Annual Annual demand average is instrumental 2135. p He shares showed year . Inr • -n by w-t-fp advanced $25,000 as a deposit at the time executing the purchase contract and, after completion of this offering, $12,000 will be refunded, leaving a cash contribution • of of sWHafion1^ of blind.- Pnphn^r ' Louis 1961-62 and* income - Center, the for in 81 000 Congress. of negotia- both chairman Inc., concern programs detectors Bohn Aluminum is $608,000, of which $125,000 Associates; and disbursements' of as is of be FCC Inc. fiscal stated St as the into testing aJmergedt institutions Medical fef nUnHhiw IirniS headed Fame, Webber, Jackson & Curtis and Gran- , Prototypes completion major step in expanding C. I.'s activities in a v price of Agents will ESI was Electronics, such h . Einstein obstacle building. In January 19S1 Associates, for which they ' to Co stork P proposal. pi^ert and Baltimore 1960 seller as the retail a December Marts, land purchase on made to Mr. Stover, p/ "These January the contract participating The in of European countries. C. I. through purchase of more than $1 convertible debentures and senior notes. with stock, rpnt-prc centers past continue cities by Otis Elevator Co., Merger Flan two the Investors, would »to the tennin field th«tenp field. pan/ 51,180,327 Mr. Stover said. formed was building Tower's the assigned It Associates, 11 MerPPr directors Inc., bowline- . +1 i, ^af, ACQUlrea for process securities the of before common "Eiophysical oncratlon filed in ... Sp-lfman"GeS'zuckSmS ^ Hemy. 1960 law the company commencement BUSINESS—Initially 5i'?an'u27 754'u5u 54 QAQ Industries, pending ' York • entry 18,467,113 54,754,353 stock Tnr Tom j. McMuiiin, are in According Investment a registration $603,000 of parpublic sale at $6,000 for • • Jan. on Electronics by two at 3:30 p.m.(EST), on Jan. 30, 1961. Hidden Splendor, which has publicly Eastcoast approved arrangement million he Agents and Mr. Wasserman unite units in ziant a is expected aa-hoie a exchaSgld opened in such underwritten _ RC iniereSlS flotation a shareholders to Electi^)-Science nancing with to .covering offered New and in of purchase $109,000. will stock Offprint v^neririg 1961 Wassernian. erected into to receive sum for iui 18, be under formation individuals said notification incldental t0 the operation New Jan. Venture, Leon store individuals, of common incidental 3. p. Filpc r lies on formed and the entered was p underwriting is- involved. was department A Equity exoenses Simeon"™ GrosrMorrinsSL few? (the letter a class througn 192 iyz, Fifth 220 the Joint No be Associates company ticipations of JL _ oc. _01 ; ■ Resources Biophysical traded is They merger are'to properties —V properties, v. ana statement share), per filed 1960 shares fi 19,464,256 4,755,618 inc. Ilium and rime amn-a nnrP operates bery, Marache & Co. operating through divisions and owned subsidiaries, is engaged in providing various electronic and commUnications products and services for industrial use. C. I. also has Colo proceeds SdTas gas on oil 22, 300 000 ($1 par Dec. on 15 a X! sKaurnr reduced , a FlPptrnniA* Communications Co., Inc., Denver, Colo.—Files With SEC covering Denver The oi of Oil corporation SEC offered i ^er the plan, applications Bal-Tex be the common interest.— £c.'andMr." ESey ifpSnf with expenses incidental to the operation USe of c. nit. *Ol without underwriting. hE! !if»u t0 bowling alley. o a in stock pany. — ^ nf onen presently i-na.es fieia OI record Oil Jan. 12, 1961. Jerry S. Stover, President of Communications Industries, Inc., has announced a proposed plan of merger between C. I. and Biophysical Electronics, Inc. C. I. is presently a privately-held firm with head- Under to ... 4 755618 announced Chemical Co., Los Angeles, Calif.—Files With company on Dec. 19, 1960 filed a letter of SEC covering 300,000 shares of common stock will firm ''*£ wilCrs Rlgilt^ to Stockholders company offered Common stockholdersrights On Jan, 16 to subscribe at $20 per share for 78 955 sharpy Of of 'these equity interests in Beryllium Resources proparticipating, company a valuable association with the mineral holdings of Beryllium Resources," Odium stated. odium also announced completion of the merger between Beryllium Resources and Dynamic Metals Corp. Van Dornick, vice-president of Eiophysical The the bowling, lanes, during the $1,200 per lane" Dankoff Bowl-Mor each submitted Securities and Exchange Commission by hnM ■-■■the minerals whose 3. p. Odium rema^hi quarters n 193, 1,391,477 _ ,, ■ KeSvlirceS, Bruce J „ ?'™?477 " y developer-of Corp.—To Distribute— , . Inc., re- another 33,208,322 383,406.874 363,402,575 .1,589,4.9 245,343,041 234,807,528 Blopnysicai HiiectroniCS, inc. acquisition is part of a major Industries, Inc. Other acquisitions are 193, rates average n*„_ Rinr.livGrul y Avnet Electronics is whereby the Brush Beryllium Co. of Cleveland, the Fedeial Corp., and the Hidden Splendor Mining Co., both of Salt will each have an equity interest in Beryllium Resources." This interest, confirmed officially for the first time, is 29-72 % of the stock for each company. Brush Beryllium and Federal Resources anticipated before are Amco currently being investigated, he added.—V. reserve income ... month. to other Dynamic Metals, has been elected vice-president Beryllium Resources.-—V. 192, p. 2119. , riW^re approximately $750,000. log, additional awards of approximately $250,000 corporation reported that the firm the acquisition of these for 2323. p. "Acquisition a,t,.$500,000, and,,inventory at an additional Mr. Denney stated that in addition to Amco's $1,000,000 back- $250,000. 69? ?ntt, return. extensive .. t in smaller City, vides and. should in- , t Plant and „ o,089,441 beryllium acquisition adds mv nf , D Dornick components. ^/wAnn Corwm D. Denney, said the 81'900,000 L^Hn^°nrPi>rarplon s b^c^lo& Jwh h,? ^ai SlOOjm..,'Terms pnnifi^ : Denney said it was accomplished • . are^ publicly he!d companies. and magnetic products Incorporated of Abilene, Texas, and increase an a no is will villo Resources Lake electronic, Amco aircraft there corporation Dankoff of lanes ' where indoor an to 192 530 mu 35,050,104 2*,,702,107 . _ Th ultrasonic, of is$ presently hold which lanes tions , Induca'ies, Inc.—Acquires— of operated operates 1959 the Ga., 196O-UM0S.-1959 „.n| f President . manufacturer there produce lower . 15erylllUlTL equipment. It is currently fulfilling a long-term from the Martin Company, of Orlando, Fla., lor tests Army's medium-range Pershing Missile. The company is also engaged in testing components of the Polaris, the Minuteman, the Titan and the Bullpup as well as other missiles, rockets and aircraft. amintegrated fabricator (September which now roof. stock growth rate of . ., ,. . Ne.tr the recently announced acquisition can on commissions ^eis'naq'iuT company, he Coast sometime test -VAl^- P- 594. AuLomatlO.ll Trust form a the York.. earnings . other operating taxes— , south- The West period company "Operating com- generate Operating revenues.—. Operating expenses—. mco™e taxes-— 1956 subcontract on Recently longer required no on of. common areas the on include New , a Telephone Co. of Pennsylvania—Earnings— ~~v- 1M> and "are that out in certain favorable effect a Perlort End- Nov. 30- 1962. fire that Atlanta, the club jointly Testing Laboratories is engaged in the environmental missile, rocket and aircraft components under simulated of pointed the Associated conditions reported park in some detailed a Mr. 'wayne in factor continue its third environmental testing March 1, thus adding a New on in presented establishment months headquarters fourth a the its three-month a additional 56 lanes eivinz a total of for '60 amounted to trqtGM an v Novack since continuing continues V. open area main laboratory open early or its in would Boston to and history prospects company divisional added, Tonkowich Testing's its division eastern in Messrs. Associated Bankers total assets in realized Pr°" Between for organized income golf He SSm review open Gross building will •. company's future. "Our Trust Department, for business, and inasmuch as its fees are time after its business is acquired, the commissions it earns should continue upward." Easier credit conditions, on the other hand, which prevailed during the latter part of 1960, may 19.7 1961. shareholders to will typically shares million $2 that means of its example, environmental excess reserves, favorable outstanding this year. assessing Associated Testing's growing role in the field testing, predicted the company would show sales in Novack, newly $412,098.90^reported for Dankoff Cities. This, in ruling permitting banks to include vault cash among new a condition The pre- to report prevail unless quirements-in all Reserve Cities." pattern, 1959 to proportion This risen the upward outstanding operation. ment to maintain larger reserves than the banks in Reserve Tonkowich months $41,000 followed 366,000 on the 1960 panys future/ These banks, said the statement, made was the of New York City and Chicago will have period record ahead, Change in the reserve requirements for banks located T pf,rlodsame ended N.ovthe for sales figures, income than more cents 446,000 on that share Per rising (ASE), reported half-year new ° ,TT Analysts. company's revealed year. cents of Security the Novack vious Inc. A~-;. by William Tonkowich, President, and Bernard Novack, Chairthe Board, before a luncheon meeting on Jan. 6 of the New Reporting and the of ' T statement the will snortly ' witn the , , Looking . 1 and higher than 1959." Operating expenses of the trust company increased to a total of $65.6 million in 1960. This is about 7% higher than in 1959.. Operating earnings, before income taxes, increased to $66.2 million, an improvement of $10.7 million-19.4% over 1959. Associated Testing Laboratories, Inc.---Record Highs— c for th*ttto notification share, without underwriting, proceeds are to be used for working capital. Safes $1,629 funds became available in the latter part Of the year," as earnings to^pen May^i, mVPark iS n°W under construction and per The combined December) lanes at the time. Dankoif reported that BCA Iowa —Files of (no effect was With Securities and Exchange Commissionthe full To provide funds to serve its customers, hankers Trust reduced its holdings of U. S. Government obligations in the first half of 1960. capital. Armed volume average and storage in of the reduction in the prime rate from 5% to 41/2%, which came on Aug22> ^iu not be felt until 1961, " the bank commented. "The underwriting. used loans rose from 4 73% in 1959 t!o 5.14% on 21, 1960 filed a letter of notification with shares of common stock to be offered at 150,000 share), for working Dec. on covering per proceeds Phoenix, Inc., Exchange commission r.xcnange Commission 3 Patent Editor. Office) Published William B. twice a week Dana New York 7, N. Y., REctor 2-9570. Claude D. Seibert, Publisher and President; (general news and advertising Issue) with a statistical issue on Monday]. Other offices: 135 S. La Salle Re-entered as second class matter February 25, 1942, at the post office at New York, N. Y., under the Act Company, [every Publishers, 25 Park Place, Thursday Copyright 1960 by William B. Dana Company. S., Possessions, Territories and Members of Pan-American Union, exchange, remittance for foreign subscriptions and $65.00 per year; in Dominion of Canada, $68.00 per year. advertisements must be made in New York funds. Other Countries, $72.00 per year. " 4 -.(376) the for stock, common $25 will Trust Co. has been appointed warrant Chemical Bank New York a Feb. 192, 1961.—V. 21, Sales $ ' 22,085,701 214,244,798 196,655,783 22,951,781 The the derived company ended months 12 year-ago period. The increase in considerable earnings sufficient was in dollars, reaching against $11,226,110 million a order.—V. totaled $11,081,380 in the 1960 j period, against 1959. Revenues from non-utility sources totaled $1,178,$1,143,455 in 1959.—V. 193, p. 103. the sale effective was Bennett, W, Dec. announced 13 Jan. on 1960. 31, 191, buyer the is said concentrate the sheets volume sales company for Olive-Can to of functions. added. ■ $1,500,000. primarily to allow Caspers lithographing on metal sheets, "We will continue to supply approximates sold was business warehousing lithographed in fancy and basic its on steel its and tin Annual owners. Bennett Mr. to plain of their operations," ■' v": Bennett Mr. receive a The fiscal the for : 1911. ,.'K 192, p. earnings amount as $76,242,172 year, ended Oct. 1960 31, stock sale common sales earnings of $4,131,907, or $3.76 per share according to Henry W. Collins, President. and of the on report became and 1960 recoverable not were in drop sales, higher and the depressed competitive rigorous from during pronounced more the of "Eecause resulting costs year. prices conditions, sales for and products many on wage increases which distribution, our down from 1959," the Celotex executive said, adding had also experienced unusually heavy operating and start-up expenses at its new L'Anse, Mich., plant, where production of insulation board was begun late last year. Mr. Collins said he could see "no important change" in Celotex' business level for 1961, though the slight pickup in residential con¬ struction generally predicted for the latter part of the year, if it occurs, "should react favorably for us." He also looks for a vigorous and active repair, remodeling and modernization market and continua¬ tion of a high level of institutional and commercial construction which "should produce a good demand for our materials." Celotex' expenditures for property, plant and equipment totaled earnings that were the company $5,100,000 during the year, more than half of which its new fiberboard plant at L'Anse. With no major projects now estimated are contemplated, plant improvement at $3,000,000, Mr. invested in plant expansion expenditures for 1961 was Collins said. earnings of Celotex Limited, English subsidiary, (not consoli¬ were $442,881 for the fiscal year ended Oct. 31, compared with Net dated) sterling. Limited. taxes of South Coast Corp., after income Net a Celotex affiliate, for year ended July 31, was $1,001,424 compared with $899,533 preceding year. South Coast paid dividends of 50 cents per the year and Celotex received dividend payments totaling its fiscal in the for share $102,664. shares, 205,328 owns common stock subordinated cumulative 48.3%, of South Coast or $1,523,260 face value, or 82.7%, of its 5% debentures.—V. 192, p. 991. income , • . , This exemption from of order investment Denver Inc.—Seeks II, has company applied to the registration a Fund the Fund tax bases to is with means filed and now on Jan. 17. effective, the securities to investors of 2,000,000 common held by investors. The purpose of investors for provide a offering public exchange in previously statement the proposed shares an holding securities at relatively of exchanging such securities for shares low of the diversification without incurring any Federal capital gains tax liability at the time of such exchange. Centennial Management and Research Corp. will solicit deposits of securities, to in held be accepted of $25,000; market the until escrow from and of the value The deposited Company not -make may worth of at 25, 1961. minimum The a an public as from provides that offering of 192, of deposit to be effective date of $10,000,000. that an securities p. the at minimum a exemption Act which $100,000,—V. least securities aggregates seeks application Investment March investor is to be securities having a market value the exchange will not be consummated unless the any planned exchange unless it of the has a 1961, to request hearing $10 acquiring interests, and for working „v.U Brothers Division of this corporation reached a of $214,244,798 in 1960 and December was the highest single in the history of the merchandising concern, William J. Sinek, in $196,655,783 12 months the for 13. ended Dec. 31, 1960 increased Jan. reported on Volume 1959. - ■ . 8.9% from in process of principally long-term leasehold interests, in an I960 jumped $787,991 from $1,296,588 to the pre¬ President year a past, Ruland noted, Consolidated American expanded its the aircraft and missile industries with the acquisition of Welder's X-Ray Service, received major contracts for building and operating facilities at various Air Force Ibases, and moved into its new plant and office building in Hawthorne, Calif. the just services to year result a should 1961 of these sales and earnings for fiscal developments, 1960 192, p. predicted.—V. Ruland sharply, expand 1708. , 19th consecutive month in which Butler Brothers has reported a record high, amounted to $22,951,781, an increase of 3.9% from $22,085,701 in the corresponding 1959 month. Yearly sales increases were attained by all Butler Brothers mer¬ chandising opertaions, including sales to more than 2,400 Ben Franklin franchised variety stores and sales through company-owned Scott and T G & Y variety stores and seven Butler Brothers department stores, said A. O. Steffey, President. Steffey noted that the December sales record reflected the company's aggressive store expansion and modernization program, timed to put all new stores in operation for the year's peak merchandising period. Addition of 167 new company-owned and franchised stores, all of which were opened by the Transkgiving weekend, exceeded the com¬ $1 major variety chain group of stores in the Los Angeles area, marking this division's initial expansion to the West Coast. T G & Y is headquartered in Oklahoma City and operates 218 variety stores in the South, Southwest, and Far West, G T & the Y, including 45 stores opened in 1960. In the Ben Franklin division, Steffey said, there was a vigorous and franchising larger new merchandise and are better equipped for modern marketing. A total of 113 new stores were added, while franchise agreements were discontinued with 114 older stores which lacked opportunity for further growth and development.—V. 192, established upgrading of which outlets carry stores selection wider a Clifton Precision Products Co., Inc.—New eanrings and for fiscal the Highs— ended Sept. 30, year 1960 reached highs with an increase of 497c in sales and 2027c earnings over the previous fiscal period, John P. Glass, President, told share¬ holders in the company's annual report released on Jan. 17. Net sales rose to $10,549,940 compared to $7,067,837 in fiscal 1959 while net income was $604,758 as against $200,148 in the previous record Earnings the in share outstanding share of common stock per period 1959 to in $1.52 of both the end at were up fiscal 1960 on from 50 cents 398,000 shares years. for aircraft in use synchros and.other rotating missile control, guidance and and computing systems, had income before taxes of $1,313,895 during the past fiscal year compared to $423,148 in 1959. Working capital increased to $1,821,998 from $1,427,855 in 1959 while shareholders' to $1,903,817 the year before. equity amounted to $2,508,574 compared Glass Mr. business of that shareholders told to due was an the accelerated significant increase in volume sales effort coupled with a growing demand for an almost infinite variety of rotating components. He attributed the marked improvement in earnings to greater output of company-wide cost controls and increased afforded by the Colorado Springs plant of the company's Western Division. and efficiency the was not New acquisitions. However, possibility that companies with highly specialized be development acquired p. are volume sales 190, through achieved been product development based and —V. not growth of Clifton Precision might not bar capabilities ing the continuing effects production efficiency out that the pointed had increases did employee, per Products product of internal performance and that sales and earnings Glass Mr. organized on Aug. 1, 1959. The company's principal manufacturing facilities are located at Orangethorpe, Anaheim, Calif. boards in on expected 1961 and technical for Oct* annual or the company's research, engineer¬ to make major contributions to the years ahead, Mr. Glass said. and is 1960) report the final quarter of fiscal I960 Cockshutt and its subsidiaries mailed to stockholders. profits reported now being Report— in by of the reported for fiscal 1959. Net profits amounted to $1,$1.18 per share for fiscal 1960, as against $1,813,164, sales of $38,790,452 were slightly in excess $1.67 per share for the preceding year. his Bechhold, President, notes in 1960, compared in equipment sales was made entirely in its prime market, Canada, where sales advanced by about 15%—an increase proportionately higher than the industry total, with a consequent betterment of the company's, share in the that to sales letter of $30,300,000 Canadian are as missiles, in estimated PROCEEDS—The the from of and the proceeds offered securities the of sale after of payment company's own commission and expenses offering estimated to be proceeds will be applied as follows: present bank indebtedness secured (a) approximately $19,000 to retire receivable; accounts by (b) to be realized by the company hereby will be approximately underwriter's expenses of the the It is anticipated that such $4,500. $10,000 to repay bank $10,000 a guaranteed loan Donald E. by Liederman; approximately $35,000 for leasehold improvements and equip¬ ment in the new premises; (d) the balance of approximately $36,000 is to be used for working (c) capital. EFFECT GIVING CAPITALIZATION -V. 192, stock Outstanding 300,000 shs. 1,000,000 shs. lc). (par FINANCING PRESENT TO Authorized 2507. p. Consolidated Edison Co. of New York, Inc.—Expansion to stockholders, farm in market. equipment 1959. The M. Benno rose for expansion, mostly Charles E. Eble, President in 1961 buildings," machinery, equipment, new $305,000,000 invest will Edison 'Con for the New York utility announced on Jan. 17. "This is the largest capital budget for any one year in the company's history," Mr. Eble pf said. It outside from to $31,000,000 company's increase about that understood was raised $200,000,000 probably sources, this of the in amount will be of bonds. form capital budget including pay¬ plants," Mr. Eble noted. "By far the greater part of this money must be spent to expand the company's electric system to supply the needs of our more than 2,800,000 electric customers."—V. 192, p. 2120. the "For for 1961 through 1965 our well over $1,100,000,000, period expenditure of five-year the York City for the subway power Copter Skyways, Inc.—Proposes Offering— Hotel, Pittsburgh, on Jan. 16, 1961, stock, to be offered for public sale at three cents per share. The offering is to be made by C. A. Benson & Co., Inc., on a best efforts basis, for which it will receive a selling commission of $.0045 per share plus $5,000 for The offices in the Penn-Sheraton statement with the SEC with company filed Pa., registration a of 15,000,000 shares covering par no common expenses. The company developing In the September said Inc., property and for base a The of Mr. stock of in stock lists sold David shares his exchange of 5,000 company, The through company for exercise bers, in of the The will the of a in Johnstown apply the stock, $5 Jan. on be offered attempt to sell tc common par under December a President. 9.32% of the the stock, 1960 to Airways Co.—Proposes Offering— to be the was statement issued 12, for shares, organized from the of Proceeds of per in at $3 reserving regis¬ 500,000 a covering sale per 15% share. of the additional 350.000 shares An are filed Colo., 1961, public reserved directors to being $3 business business, its of shares and stock. common Pittsburgh and for mem¬ board August Insurance 1959 and Commissioner in of June 1960 Colorado to annuity policies, and be applied to the com¬ writing life insurance, the particularly Officers, upon issuance advisory share. stock the sale writing will of life insurance. The company now has outstanding 90,855 common shares. prospectus lists C. C. McAfee as Board Chairman and Charles T. as of promoter, outstanding in shares SEC the price license the re-insurance. pany's to acquisition to President, as the 16,000,000 registration options exercise company received engage of one. with common, company Machey interest 3,200 into to E. (76%) stock total proceeds for salesmen's commissions. included purpose DuBois, proposes $352,500, at of 304 Main St., Grand Junction, statement of The estimated Cortez Life Insurance shares the for property and capital deemed necessary to including $150,000 for a helicopter and $65,000 converted split 1960 operations. Mackey was Pa. sale, business, 16,000,000 company Bradford between Meyersdale, prospectus owner August equipment, its commence to its basic the all a heiicopter of in uses of helicopters in the Pittsburgh area. acquired all the stock of Pittsburgh Airways, certificate for transoortation of persons and it hold to by proceeds organized was commercial 1960 Somerset The in sales 31; Consolidated or printed use computers, read-outs, satellites, radar and en¬ coding discs, and also in industrial and commercial circuits including hi-fidelity components and communications and television equipment.. which 152. upsurge 299,646, executive 837 East engaged in the design and manufacture of in complicated electronics systems such is company employed he time. in Cockshutt Farm Equipment Ltd.—Annual $38,720,577 York corporation, was New a and tration the Nov. on Corp., thereupon acquired all the out¬ Printed Circuit Corp., a California 3, 1959, to acquire the business of a arid venture offices ments to New a 1960, Consolidated of organized corporation, joint calls Sales 28, Nov. on stock standing of 2608. p. share. per five last program circular, Russell & Saxe, 16 offering Jan. a BUSINESS—Consolidated Circuit incorporated Common goal of 150 new outlets in 1960. which has expanded faster than any years, in 1960 opened its first pany's original in Stock Offered— Consolidated Circuit Corp.—Common $100,000, the December, in Sales in Center with $38,976 or 13 cents a share in 303,572 shares then outstanding, announced recently. the on fiscal for During circuit Corp.—Record Sales for Division— Butler the of Sales In principally in Minneapolis and will act as agent of managing and operating its properties. Center is in the Sales stock common earlier. The (ended Center, which was recently organized to acquire and develop certain properties in Minneapolis, is wholly-owned by Baker Properties, Inc. Baker Properties operates and owns or controls various business; prop¬ erties • per City Products net thereon. Inc.—Sales, Net Up— $45,517 or 13 cents a share on the outstanding for the fiscal year ended of compared year Ruland J. profits Inc., 50 Broad St., New York 4, N. Y., publicly offered 125,000 shares of this firm's 10 par common stock at below.—V. 192, p. 2608. Realty & Investment Co., share, without underwriting. ., . The proceeds are to be used to purchase equipment capital.—V. 192, p. 895. « . at offered of a M. net of 1960 fiscal Pursuant to Securities Co.—Merger Cleared— Madison, Wis.—Files With Securities and Exchange Commission— The corporation on Jan. 9; 1961 filed a letter of notification with the SEC covering 30,000 shares of common stock (no par) to be 1091. order of category. had shares 30, ceding As company Minneapolis, Minn., has applied to the SEC for under the Investment Company Act permitting borrowings from Investors Syndicate of America, Inc.; and the com¬ mission has issued an order giving interested persons until Jan. 26 company, exemption reprocessing of corporate pur¬ V) Clifton's provision investment Center Inc.—Proposes Borrowing— The into quicklime; $50,000 Cinestat Advertising Corp., An an to convert limestone firm 343,572 . the company has outstanding stock, of which Marvin H. Mahan, President, shares, and management officials as a group own 397,250 Christiana thereby obtaining Fund, retail Consolidated American Services, including working capital. addition to certain indebtedness, 367,250 owns until persons 1, 1961, to request a hearing thereon, it was announced In for SEC debentures. of listed manufacturer This Clifton, which designs and manufactures provision of the Investment Company Act; a commission has issued an order giving interested and the Feb. a recently, the reprocessing of used thermoplastic manufacturers. The $495,000 net proceeds of the used as follows: $350,000 to construct and equip a be a involved in be 515,000 "shares of common . Order— ultimately on the American Stock Exchange, is the mens' and boys' sport shirts in the $1.99 The company produces 600,000 garments week in plants in Tennessee and Jamaica, W. I.—V. 192, p. 795. Sept. are result of this acquisi¬ at $1.85 per share. A this acquisition As estimated now are would conversion corporation, under and more New Jersey, components Fund Centennial of stock 1961. for projected 1961 for of Berger largest share. purchase additional equipment and inventory for thermoplastic materials; and the balance for general period. Celotex and per to preceding year, converted at the rate of $2.80 to the Celotex received dividends of $186,398 from Celotex $433,380 for the pound will in plant kiln $67,964,618 were to stockholders, Mr. Collins said that while Celotex's sales volume was down 11% from that of the preceding year, housing starts declined 18% in a fall-off which began in the early months of his In at 50c company ; ; also recommended that directors declare a 5% stock at their meeting on Jan. 20, payable on March 10 to holders of record Jan. 31. Colonial Corp., in addition, pays a regular quarterly dividend of 15 cents per share. extrusion for record basis in 1959, same and wastes, result a Mr. in the by¬ products of the chemical and petrochemical industries, the manufacture and sale of lime and the neutralization and disposal of chemical and Chairman, taxes were $2,087,128, equal to $1.78 per shares outstanding. This compares with earnings after on 1,028,651 and share the : special a dividend 15,000 common shares from cer¬ purchased its wholly-owned subsidiary, Chemline Corp., businesses of buying and selling and refining engaged acid at America, previously tion, The and company month sales of stockholders tain // Corp.—Annual Report— Celotex Net to underwriter has principal Caspers Tin Plate Co. operates two steel warehousing units, Lafayette Steel & Aluminum Corp., Chicago, and Westate's Steel Co., Santa Clara, Calif., both wholly owned subsidiaries.—V. and its share per headed underwriters of be to J' Corp.—Stock Dividend—News— small headquarters with Co., Can the are is See Delaware Chicago, is engaged in the lithographed specialty cans for packaging of candy, cakes, specialty foods and other products. Managing the new company will be Albert and Philip Armato, who Olive manufacture value asset Cockshutt's There are currently 935,580 common shares outstanding. President, stated the company is now in a position to acquisition program. Colonial 1 is currently in the final stages of negotiating its first-acquisition, an apparel manufacturer which he estimated would add about 25 cents per share to the $1.60 be offered for public made in late February on an all-or-none basis by by Godfrey, Hamilton, Magnus & Co., v.ho will commission of 36c per share plus $20,000 for expenses. The offering Olive Can Co. and com¬ The purchase price was disclosed. not measure of 1608. 'Sol. Berger, further cor¬ new a p. share. per Ended— 1771. p. shares. said Chairman, Caspers poration to be operated under the name of pletely unrelated to Caspers Tin Plate Co. long-range a improvement > , land sub¬ toward diversification meeting on Jan. 17 voted to increase the number of authorized common shares "Uf capital stock from 1,000,000 to 2,000,000. The par value remains unchanged at $1 N. J., filed a registration covering 200,000 shares of sale at $3 per share. The the with stock, common In that it has sold all operating assets of its wholly owned subsidiary, Olive Can Co. company statement poses, Co.—Sells Subsidiary— Tin Plate Chicago as the 192, toward power.—V. Colonial 74 Dod St., Elizabeth, SEC on Jan. 16, 1961, of company, resins and Caspers B. about rose revenues 1960 The The sources 12 months ended Nov. 30, 1960, comparable period ended in 1959. Utility of share per shares and $154,337 average common in the $10,082,655 in 836 all from Revenues $12,260,216 the the maintain are based on the average of 782,827 shares of com¬ outstanding, after $126,715 for preferred dividends; the stock previous year's basis was 677,852 for preferred dividends. in to the previous year's figure, notwithstanding a the average number of shares outstanding. in increase earnings Current mon . equaling $1.32, at rate The net income of $1,161,208 from operations In 30, 1960, up from $1,052,292 earned in the a Nov. calculated as their of and Stockholders commission has vacated suspension Utilities Co.—Net Up— well Syndicate. owned Chemsol, Inc.—Files Offering— California-Pacific is earning as $17.6 to reached million a year ago. ' v; . 7-' the N. K. Winston-Sanson Florida Corp., a construction company, now a wholly owned $7.8 acquisition sidiary, for 1 1091. 192, p. .••• j — . —V. 1960—12 Mos.—1959 1960—Month—1959 with The reduction of inventories during million. Bank borrowings at lowest level since 1955 and 15% a million $20.6 million $5 development its order of April 13, 1960, temporarily suspending a Regulation A exemption with respect to a public stock offering by Champion Ventures, Inc., of 600 Mile High Center, Denver, Colo. The suspension order was based upon the company's failure to comply with certain conditions of the regulation, in that the company failed to file an accurate report of stock sales and failed to co-operate with the commission by its failure to respond to letters from the commission. Subsequently, an accurate report of sales was filed; and the commission concluded that it would be appropriate to vacate the Butler Brothers—Sales Up— Period End. Dec. 31— '•!. .t..y ''-.J is i > TTie 2119. p. compare space, acquiring and developing the properties will be raised in part through the sale requirements Champion Ventures, Inc.—Suspension 5# before or on office of stock; and the balance will be provided in part through cash Investors cate called for redemption on March 17, 1961, all of convertible subordinated debentures due 1974 at 105.5% plus accrued interest. Payment will be made at The Cleveland Trust Co., Cleveland, Ohio. Each $1,000 debenture may be converted into 41 shares of common stock total of the total storage space. mortgage loans aggregating $20,000,000 to be made All the outstanding stock of Investors Syndi¬ by Investors Diversified Service, Inc. Because of certain intercompany relationships, Center is an affiliate of an affiliate of IDS, which controls Investors Syndicate.. ~ - by has company outstanding the of of also notes report from 1960 year-end Monday, January 23, 1961 . . . construction three Co.—To Redeem Debentures— Brush Beryllium The its 77% about of $24,850,000. ..The.funds be of $1,000,000 purchase offer being made to the holders of common stock of the corporation giving them the right to purchase two-fifths of a share of common stock of Avnet Electronics Corp. for each share of the corporation held.—V. 193, p. 4. under agent lease the for annual fiscal be total commercial space and 85% of the .Total Corp.—Appointment— British Industries The into will The . improvements, which entered 63% in present building, 2323. value of the corporation.—V. 192, p. par the of York Triist Co. has been appointed registrar $1 par value and $1.25 cumulative preferred Chemical Bank New stock, downtown Minneapolis. It proposes to demolish all on»such property, except an* office completely, modernized; and to construct an integrated set of. buildings thereon.'. Arrangements have already been block entire Inc.—Appointment— Bowser, The The Commercial and Financial Chronicle ' \ directors outstanding stock. and advisory board * The Dolan members own Volume 193 Number 6023 The Commercial and Financial Chronicle : . . ^ ____ (377) ,, 5 LJL. t Cove Vitamin & Pharmaceutical, Inc.—Securities Of¬ fered Hill, Thompson & Co., Inc., and Globus, Inc., •' offered, on Jan. 16, 108,000 units of Cove Vitamin at ' $3,125 per unit consisting of one share of common stock and p. sales,..whose products and markets complement Dover's present activities, and which will extend Dover's ability to serve the petroleum and other, industries,'' the proxy statement said. "Dover also believes — that OPW plement will the able be present develop additional products, which to products ■ of both Dover one stock common PRIVILEGE—Each share of This purchase share price the in warrant for common -entitles period a is second during the fourth purchase warrant. $3.50, share a $4.50 year; fifth years.1 and to from yeais during the purchase one the issue date. the first year; third Espey Mfg. & Electronics Corp.—ICBM Order— Espey Mfg. & Electronics Corp., Saratoga Industries Division, at Saratoga Springs, N. Y., has received an initial order from Martin Co. covering a long-range program to provide electronic ground sup¬ port equipment for the Air Force Titan com¬ 192, ,'■• - Jan. holder the five of 2016. will OPW."—V. and , and year; $4 $5 Dow Chemical The share a a Midland, 795,093 ended v and Mich., 1960. 30, amounted Jan. on totaling $33,256,725 The net for to 14 the $1.19 sales six of share of per $408," period" ' months taxes plan.-^-V. 192, 1396. p. •". * / . . v'!.\V//: 'Vv "V . Cowles Chemical Co.—Debentures Offered—This according company formed was in 1885 and named of one its its the distributes the Taxes for in use ./•". .. holds patents pending The company's Skaneateles Palls, on variety of products a and Dec. 23 at automated chemical- detergent development laboratories, chemical.production facilities. potassium •;-' ;,.v ■ and GIVING v 4% sub. conv. note Common to shares ''Includes and debs, payable also 1980______ : shares for reserved have issuance in the the terms and forth below subject '* ■ Goldman, ' v. White, McDonald named the —v.; 192, The Infrared dealers for and Inc., below.—V. 192, of quiring below the this (1) SEC has under issued the decision, a Investment and order, Company Act it 7 this company into Christiana Securities Co. The assets of Christiana as of Sept. 30, 1960 with market value Nov. on 11, 1960, value funds tory '1 A, .7 7'• Co. On (12,199,200 shares, the Rerltv ware holdings 22.6% was of by and If after which of Pont the total 74.5% shares the of of common the total / assets of (based common preferred its terms 785,000 the of shares 64,557 shares for 0.08224 Christiana other all and based merger of Delaware Christiana' of shares of owned Realty 11, " (or All P. Delaware Realty of Christiana and will stock be will preferred cancelled remain nouncement made was 6% with mortgage into note, stock the a Jan. • and lodge will revenue result including residential of : The and •' restaurant facilities and from the the the planned initial > industrial firms ims of areas large sand-beaches, boat marina and fishing piers. of-water-to development creation of the stock Growth,-CanPtvi moome co $1,500,000 being made available, by his .mmes to and the with 28 building miles of dam the of and 87 shoreline a o dam will- create billion gauon 28 , Dover Corp.—Merger News— Corp., stockholders of OPW Corp., of ; The • merger It companies. - of • the the • of the Dover "The Dover . • into D. 1961, to Dover. " ./■ ,. C., >' has vote The last year lake on a proposal meeting will plan, will provide of of " OPW" -will and $1,087,625 Dover's stock is listed management successful stockholders Dover Dover and on the believes its in OPW NYSE. that . the be held of to of the j " stockholders - A' merger'of with an * Mr. J has bowling establishments in Maryland, Virginia and North Carolina. It became a public * the Mitchell's organization. board. when it sold 120,000 & Sons shares and R. of class A stock Dickson S. & Co., to Inc. • - ' • acquired was on 191, Morse's all-cash an majority basis but interest specific in the terms were 1109. p. Foods Co.—Appointment— for agent 2221. trucking improvement < I note payable Federation, Inc. expects I960 earnings to be approximately share, Edward L. Johnson, President, told the New York Security Analysts on Jan. 12. said that preliminary year-end figur^s^^hqw..substantial growth per Society company's He in all categories accounts the Pan and and if funds approximately $70,000 for are also intends to the use EFFECT TO FINANCING PRESENT He new for common one shares 2507.'. :' p. * : that to Mr. this he 9, Jan. filed 1961 notification working capital. ; v ' „' ' • - believes Slidell,; Jan. am by build $1,712,000 a by 1: •'■' /' Jan. on - to 1960 those F. Worth, Fort Texas, FISCAL with Facilities emphasis same additional personnel and facilities, period a Profit by Margolis, M. profits brought was of sale watches said: "in the of of about : third the by continued the firm's steady right itself slipped said sales rose Watch pleted Mr. Margolis said industrial Z ings - ♦ a • a Despite* - the "dip- in ; •. to favorable Electronics evidence 4 The trend to Hoard profitable «ome> for-the ago. noted orders picked time.;-"-v Chairman said acquisitions.—V. in Titan up ...* i * Elgin 192, p. . of the is pushing 1397. •:.7 its - . is became all the in categories loan .. holding savings the fiscal com¬ loan and 27th ended year after also taxes, said in his year, first report in owned world's of record a consecutive publicly the of one August largest elsctrical completed from revenues 30, fiscal 1960 contracts to amounted $56,316,569, as earnings of 1959. $2,528,714, after equivalent of Sept. 30, hand into First and Western the as against Federal to $1.51 1960 the totaled pre-tax taxes income, on share per totaled the 726,300 on backlog comoany's of com¬ a on uncom¬ $89,600,000, for account National City Los Angeles. Electric International facilities Banks at Airport at at in York, New the- and k Important industrial installations plant Montreal, Columbus, Ohio. Los Angeles Canada, Airport projects included the Atlas Missile the and site in work Trans- Wyoming, site' in Colorado, and instrumentation and Wright-Patterson Air Force Base in Ohio. the U. Post S. George projects national residential Office at Houston, Tex., Washington Bridge in New Yors in which the company engaged defense and construction and are * electrical^ The new the second level examples of other during or various other the year.. , , he seeking - public projects, rather than new general measures'of economic more '"•**. "Approximately were of in earnings." extended President, for activity. - program in loans ; new during OUTLOOK—Commenting on the prospects for the current year, Mr.: Fischbach said, "it should be noted that the principal factors affecting the company's operations are capital expenditures by industry and. business for plants,, buildings and other facilities, together with outlays. for *?. and Sept. income, on defense at public earnings, Mr: Margolis said, two month period when sharply, reversing a decline in ' softening 7.03% income, and company's company was was Airlines automated $9,677,625 past * said. on earlier. taken Missile work • the he some. rates Highs—News— for Net year the Moore ended net and the Major profit squeeze in the firm's .difference in third quarter earn-. , - billings against which profit and loss purposes. Among office buildings under construction and covered by the contracts during the past year were those of the Chase large included ■ - sales industrial -division v/as Division lor year it," averaged contracts previous into Travelers Insurance Co., continuation of the a division-accounted as'Compared home . level. record a the taxes year been company's the Christmas from a Manhattan '*, slightly, the 1960. completed $49,023,504 contracts not Canada through hold despite interest affiliates RESULTS—Gross year BACKLOG—As ago. in net Division. sustain of common stock outstanding as of the fiscal year end, with net earnings of $1,033,180 (or $1.42 per share comparable basis) for the previous fiscal year. the increase * ' : quarter year a of to pared > Board, over all to that average Chairman and 1960 before included the $2,896,431 virtually that said order stated. associations, ne loan industry * and shares v Chairman increase an Margolis > • the any since with $1,098,714, Inc. $60 companies. Consolidated on ago. year in he loan savings Inq., a leading savings and 11 affiliates operating 20 California.—V. 192, p. 1301. earnings fiscal the compared Second Regional Office. contracting officer for FAA, Missile & 13.8%," ind the continue analysts December, Fischbach, $2,179,980 in will we the for Fischbach estimated an growth of the industry despite a downtrend due to merchandising. heme mortgage market, we have captured reached stockholders 1960. for and the from revenues 30, contracting • 11 of savings company to extend its growth to continue a high level of throughout Henry to Federation, comprised of is uninterrupted V." •' signed in our 1959 of said, "and exceeded be was end figure for Federation's Financial Gross completed within 11 months, will aid in the of commercial aircraft in the latter's approach to the 7 Fischbach & Moore, Inc.—Record air traffic of ' personal active the told 7.18% expect he at national nationally, Financial and "We Sept. for the Federal Aviation Agency, it Arnold H. Kagan, Electronic's Board La., 11 will Inc. and an is satisfied offices ■ combination a and sees was pursued I and pany, Missile Facilities Inc.—To Construct— Facilities the that rates ' ' of income savers, no reason to anticipate that the fulfill¬ going to be seriously impaired. He added industry's long-term position is eminently sound. have 11961," with the function Johnson - letter of a result personal for market." outlook Johnson explained made With in enduring function of an inventory of money provide of "We to $9,547,099 this- yean Net profits in the quarter were $668,603, compared to $923,637 a year ago. * ; * . into the interest J.—Files "the was he said. "A parallel growth was recorded v operations are all located. Savings accounts, ; there than nationally—with an increase of more the ii^ home building ' 1 • Inc. 1960," with it the our far grew ment - millipn or 30.1%. UNi,. growth of! the savings and loan industry billion of said 192V v $49.7 end where assessing He Savings loans mortgage that compared that affiliated of 27 Va %. or and $66 increase attractive return 22% •/In is million mr v30% the from the at California however, " -....; ,.. . v. that $72 million,, steady mortgage out 1960, increased last year • OPW very market. old.—V. a operation's/ " Assets than $63 despite an estimated 19% reduction in housing savings and loan industry did not feel the major "Actually mortgage loans heid by savings and loan associations for brunt. 500,000 shs. of share a billion in company's more Federation, factors: pointed starts Outstanding 600,000 shs. value) said Financial responsive home remain¬ the oyer, increased /over Johnson savings, the of increased increased outstanding Mr. to of associations equipment of rented negotiated use above.—V.:/l92, and on Green, projects Sales in closely held a and and of Financial $4.10 ' and " the be can management % 1■; season," he meeting to- merge 247 5t)0 is »'V the business, consisting of management, receive cash. the Douglas Fairbanks, Jr., motion Development Co., Ltd., The Manufacturers Trust Co. has been appointed transfer 5% junior preferred stock of the company.—V. 192, p. several cents' par control and Henry • stock the in Financial Federation, Inc.—President's Remarks— the surplus scrap materials. ; acquisition of scrap inven¬ % • R. Mr. special a sites 1419. Fairmont of the off pay GIVING on at contract "Our called 18 chain 1959 disclosed.—V. the to in for used /'?y v;'';. :■ %" /.. facilities, $26,526,000, v - sale proceeds expenses be consummation and fencing and • ' " to net will shown: priority automotive and sold, deducting proceeds Elgin National Watch Co.—Net Up— the* agreement has been approved by- directors' of both requires the approval of holders of at least two-thirds shares of Dover. »■" " ■ s 7"' *" '■ common company. • 14, of The area The Elgin, 111.," company has announced profits in the 40 weeks period ending Dec. 4, 1960, of $717,023, compared to $188,030-through reservoir. outstanding V Under- . Feb. Cincinnati, pover, Del. ' Washington, for Carribean is a prime contractor on govern¬ facilities for electronic, missile and communication installations. "The company expects to bid on addi¬ tional traffic control centers now. projected end on a number of those yet in the planning stage," Mr. Kagan said.—V. 192, p. 2017. 7 • the vessel as previously described and for the con¬ refrigeration. If business conditions warrant Missile & Electronic ment two 450-acre a consist Ltd., in of New and Dover ; not funds & announced country. Howard, the investment com¬ ">s**vring the foot-high and • Orleans, Mr. Kagan said. They are part of the FAA's ac¬ and vastly A expanded program to establish adequate and up-to-date air traffic controls in the important centers throughout the in addition to the- completed land purchases of 2,400 acres, Doe Run stream; by uie- .uoc--»a.ie/ ^orp., headed by L.. H. Callaway, successful Louisville real estate-"developer: The design and the Bowling, centers effective guard an company r 7 celerated along engineering-for will Lanes bowling Norlantic physicians and patients. Lanphier said that Fairbanks Stop Nut Corp. of America—Tenders— center guidance W, small business Fair of announcing had Inc.' TJr<,si*,'>"% of hospitals, to shares 6,000 These is pany in is after the Chairman. the sale repay issue to be used for $9,000 (2V& development was investment. According, to 1 the corporation control hotel- including In addition, u.i of the to purchase available are Electronic an¬ shares, $100,000 6% 7-year sinking lots, business of $20,000); Amerace'Corp., Cecil shoreline of a maximum a bowling establishments in the against crcss-infection of patients. the acquisition on Jan. 16, Thomas G. Lanphier, Jr., Fairbanks Morse,, estimated that the company's disposable hospital products sales volume would exceed $2 million in 1961. He said studies indicated a rapidly growing demand for one-use dis¬ posable products which represent not only a new factor of safety in the administration of drugs but also a marked reduction in cost for agents as . These order $37,000 the cargo 1709/'./.; The BUSINESS—Major miles as as In covering 1,400 shares of common stock (no par) to be offered at $50 per share,, without underwriting^ The proceeds are to be used-for equipment of a laboratory, research merger;* 14, the vessel such and of The 50,000 $900,000 and use the SEC debentures. fund Lanes p. President • of warrants" for acting with of through Alex. Brown 190, year $1,500,000 financing of this Louisville, Ky., firm by Growth Capital, Inc., a Cleve¬ land, O., small business investment company. The fi¬ nancing involves the purchase of 50,000 shares of com¬ mon stock at $4 per share, $300,000 of 62/2% 7-year debentures Board j vessel Inc., Caldwell, N. Securities and Exchange Commission— Realty outstanding,': Sold—On ' Miami. of Electronic Corp.—Securities of string a chairman as Columbia, in the Fairbanks, Morse & Co., a major industrial component of Fairbanxs Whitney Corp., has acquired a majority interest in Disposable Hospital Products, Inc., a ban Francesco, Call)'., company set up to manufacture hypodermic syringes and needles designed for one-time loads Miami ; Electro-Nucleonics, is subject to approval by holders of two-thirds of the total out¬ standing shares of each company. : " ^-%////./'/'•/ 7V;77.:7-. Valley firm it the company See merger Doe in chairman serve Mr. - in of of Elastic the converted Delaware in in net of the common.' be share'of one common operate Fairbanks Whitney Corp.—Acquires Interest— and basis 1960 market); redemption price 1960 market prices, would common common Christiana). by shares Nov. On of public —V. has no funded debt. On May 18, 1960, all the then outstanding stock of the company, consisting of 50 shares of no par value common stock, was surrendered in pro rata exchange for 300,000 shares of 2Va cents par value new common stock cn*„the Delaware Realty has outstandfing 785,000 common shdres, held by some 220 stockholders and with net asset value'-of $1,340.41 per-share. Under the such, Authorized issued 11, about 3,800 holders are The common. $120 and Fair Inc., In use May . stevedoring dock brokers ■ The or ^ Nov: on at the March on .. Maritime cargo $130,000 purchase management intends Common its 32.7%) and (1,217,920 shares, or preferred and 49,000 Shares of Christiana the outstanding $16;001.75. There the • % to $10,000. favorable balance / . Dela-* by of CAPITALIZATION cumulative preferred which Delaware Realty' of The -($14,000) equally for the financing of re¬ acquisition ■ of, additional stevedoring equipment to enable the company to economically perform stevedoring services for vessels with larger tonnage than the company has heretoforer serviced on a regular basis/*.'V.< •?..•; .< k" •; '' U '• -"V ' net ..;/■/:/■ stock, of ;. scrap a entire $15,000); Bank ceivables represented shares, stock common net was (49,000 7-7 .-7; • deducting per-share,was of common-stock %.. of value largest chain and new par adopted As which Federal the expected are a funds ing of outstanding 150,000 shares of 7% 150,000 asset value the holdings of du has 43 5C9 shares owns basis, $1,052,225,000, •• Christiana stock and Christiana its 2.7% ).' t date same the shipping the amount ($2,000). (2) Approximately on merger will (approximately and stock of E. I. dti' Pcnt de Nemours of the outstanding du Pont stock). 26.6% or the up will for Inc.—Foreign Expansion- firm's Fairbanks Batteries, also Schlesinger Organization, Turriff Construction Co. Butler's, Ltd., have a financial interest in the company customarily collects and its warehouse facilities, and after in regular land , investments* reflected-at $2,418,263,000, of which 98.6% was was Gould-National star : (approximately - represented by its holdings of common and the dead entering purposes acquisition the of to battery charger systems, program.—V. 192, p. 304. initial venture in England London area and other cities. weight (approximately 200 feet long) re¬ approximately 15 men. No particular vessel has by the company for acquisition. The company of of engaging Such : : announced was tons amount available, permitting sold* to Approximately plan . Delaware Realty & Investment Co.—Merger Cleared— 16. vessels v.;'; ::v'-.•» .. chosen company version The contract picture • may by vessel. following 1 Jan. items licensed be 500 been estimated 7 • the cargo PROCEEDS—Assuming names: 250,000 2324. charge. under similar set corporation incorporation. producers. intends to acquire crew a yet as \ (3) p. amount Kingdom. District other company capacity the will and mills The Corp.—Merger Off— Industries, its from company company American See a ? The company intends to engage in the purchase and sale of scrap materials. Scrap will be obtained from the U. S. Government and from domestic sources such as auto wreckers, scrap yards and small p: 2220. Cramer Controls will The its of .. is freight forwarder.. principal 300,000 . •— six Lanes, Inc., United 104. p. Pursuant to — .. $675,000 i & since cargo the . 675,000* : Co 193, shares 200,000 of cargo loading such cargo of & Weld ,& year.—V. an failure. power senses conditions respective _• preceding on unique, automatic programming, the state of discharge of the which a"nounced on Jan. 12 formation L. U which either temporarily warehouse or immediately surrender particular items, depending on the instructions the carrier. "7 "A V i" ' ' r options'" Co.300,000 Paine,; Webber, Jackson & Curtis_„_____ 309,000 / . , Sachs the Florida types all unloading v: of to warehouses ~ of in also missile Fair $18,963,700, $21,600,000 com¬ to Common Stock Offered — all Prior area: '7.. /Amount ' ■ Shearson, Hammill & Co Gunn, Carey & Roulstonfl -Inc<^«_ , the to opposite their ;/.7 TTv'/' :7; 7 /;■" State unloads with contract, the underwriters purchase from the company agreed to debentures set of the contemplates purchased severally amount of conversion upon $20,539,000 underwriting, and 212,761 shs. exercise upon initially reserved for issuance v./ "...:/:///■...V.:.;: >■ UNDERWRITERS—Under contained Pinsley, Fair Lanes, h against amounted is provide Titan stock at 700 per share. ______ parMOO,000 shs. shares debentures. $2,500,000 $10,537,638 were amortization 1956. The present name of the Company was i960,- : "•: .; .: .7 '• Eagle, Inc. has operated as a licensed contract Outstanding - $2,500,000 320,000 Espey to is, FINANCING Authorized *. due bank ($1 PRESENT and Shares offering circular, this Florida corporation, located 3, City Docks, Miami, Fla., publicly offered Pier in :■< TO quarter, and 22, organic / EFFECT $41,085,000. BUSINESS—Eagle, Inc. was incorporated under the laws of Florida, under the name, Eagle Stevedores, Inc., on PROCEEDS—The major portion of the net proceeds from the sale of the debentures will be used to expand the company's production and distribution facilities through the construction of a Midwestern plant in Joliet, 111. M ' V -*'71. CAPITALIZATION Depreciation with State processes. silicate $39,497,494. compared without 5 facilities at metasilicate;■' facilities, research compounding and as common : production, research and engineering N, Y.*/include an anhydrous sodium and second Eagle, Inc. - laundry, metal working, food, beverage, fiberglass, paper, and other industries. The 1C0 foreign and domestic patents and has over the with the pharmaceutical, also 5 'A% Mr. Greater Elec- and company plant, customers: for depreciation base. chemical, numerous principal against as $43,200,000 pared development program, Cowles has broadToday the company produces and nationally diversified line of high purity inorganic and organic a chemicals company's research product were while Smelting & Aluminum Co. By the' 1920's the company "was estab¬ lished in the chemical field, specializing in the production of chemical compounds chiefly for use in the commercial laundry industry, which Through $24,252,229 announced of energy wnich is directly propor¬ tioned to the energy removed. Each system Is equipped with a battery containing 29 nickel cadmium cells.* The charging cycle operates over three basic modes: high rate charge constant current,. overcnarge at low rate charge constant current,' and trickle . com¬ trie ened to battery and puts back outstanding were 28,061,228 compared with 27,120,849. * ': ' For; three months ended .Nov. 30,. the company reported .sales of $206,695,389 and net income of $14,738,743, or 53 cents per share. For the same period of 1959, sales were $202,035,115 and net inocme $22,790,581, or 84 cents per share, /Earnings before taxes were $25,276,381 against $41,754,281 in 1959.". on Jan. 9, $2,500,000 of debentures, due Dec. 31, 1980, through an underwriting group headed by Shearson, Hammill & Co. and Gunn, Carey & Roulston, Inc. The price is 100% plus accrued interest from Dec. 31, 1960, to date of delivery. EUSINESS—The ' were amortization pany, of Cleveland, O.', offered 5 V4% convertible subordinated remains units . . club was Pinsley, President of Espey. contract, Espey will provide 18 battery charger power w.iich will be used to operate the underground missile system in the event of electric This battery charger system features common it Nathan this launching outstanding. • company is' engaged in the sale of vitamins by For the same period ih mail order 1959, sales totaled $393,716,483 and net through department stores. Cove sells nationally to charge \> income $45,118,052, or $1.66 per share. account customers of various J ' ' department stores, and is now engaged V* Earnings before taxes for the six months, were $57,508,954 comin a sales campaign in which 42 department stores are offering thepared with $84,615,546 reported a year ago. U. a. and foreign income vitamin product to charge account customers of the stores on a monthly by supply reported company income net Nov. ICBM, 6 Under Co.—Sales Up, Net Down— stock BUSINESS—The ' ■ and one-half of new missile and radar installations, • . contracts obtained in fiscal I960 airports and other public projects," said. . , " "As in many other fields," he said, "the company has been faced The Commercial and Financial Chronicle (378) 6 to necessary shares common but every effort is being made to effect the economies reasonable profit margins. Barring some adverse development of major proportions, results for fiscal x961 should be satisfactory."—V. 192, pp. 993 and 897. with rising costs additional of assure capital in stocking —V. 193, been within Soars— Co.—Net outstanding 1960 Inc. Products, BUSINESS—Garsite sale and manufacture division, existing under incorporated The - issue— this of Expense capital— Working EFFECT GIVING CAPITALIZATION PRESENT TO 192, for the both For 30, again the months) nine Martin man se* —V. tiie and repp,—ea- cn SEC by months nine company' 45% (up I960. ' 1960, totalled the for those months ended before $4,826,153. $4,017,315 earned Transistor combined basis, totalled General before in the taxes the nine $2,431,558 Transistor Earnings shares profits outstanding 60, ..,*15,523 on 1960, wdre $1.01 -For the third $19,851,137. fiscal This was increase an General. Instrument-General Nov. . 30, 1959, Earnings from 13% -the quarter. before • " . of 5.6% 30, three the of earnings p*e-tax the will stock by be the (no par) Glassco underwritten for working to with Merrill by Keon Co. K Street, N. will S. F. Offering— 1960, consists of acres of of settlement balance the Dec. the They apartment units apartment On purchase to Wolrnan. The Md. 166 land. and 9, 1960, R. F. of $43,300,000 Nov! of as of as Nov. title take to are existing first subject 192, 011 annual project; for Ohio. Salomon the ! - will they reimbursed be in the., amount deposit under the purchase contract. will employ Swesnik and Blum, Inc., realtors, as agent at a 4% commission of the gross annual rentals, the prospectus, to may amount Security Security inventory, of Philadelphia, purchased electronic formerly for Globe undisclosed an Manufacturing Progress Inter¬ the sum Company the ox In announcing the acquisition, Fred E. Braemer and S. Dogole, Chairman of the Board and President, respectively, that the acquisition expansion is important an step program. theft, sabotage and services consist in • safety and principally devices. These equipment the Harrison security company's fence 1360, " alarms. security and :: - Security Systems, the upon common safety, unfilled General Jan. 6 in its regular reported first-half of company's period sales Mi'ls Inc.—Sales, Net Up— of Net the $2u5,947,296 income $5,911,060 Ne: Income was 75 as oi cu rent the the with ox $..0^.281,188 -ir.cal n. u o* wi.h 54 for the stock the Resea.ch ucts Crocker Route 700, dames; In of of a and the the powdered the 192, dietary product became Inc. initial offering 192, p. 2326. stock.—V, company's anti-intrusiont General Tne to ' \ - , public corporation a _the public ." « is commission included mon to in s lares stockholders of the sale, c. to are Crocker - Milk now undergoing 36 to mrds cents registration e 200 by Main SEC be on an for ail or Magnus share per company at said 10 & plus statement the Ave., Jan. on offered successful are Passaic, 17, 1961, public none Co., sale basis number regions test of 100,000 tion business mar¬ Inc., $18,500 an per filed J $3 by from share. per will receive expenses. 10,000 the „c^ in 0 four supermarkets nort..ern Now Jersey. It operated now has as —V-. and in plans to market major markets. 17 paid .acquired all amount present management Keener and pointed shock car that out merchandiser and Goodrich, cf of of dividend 10 cents Securities corporation of buy owners seat for B. Goodrich F. has Rayco been stock. than products successful a convertible covers, more on Dec. 21, 1960 filed covering $250,000 of 10-year 6r/c 15 better sta¬ a to soon • quarter,. share for the per covering 50,000 SEC stock (110 debentures ar.d to par) five be offered shares of involved. are to be used for letter a to be offered at incidental expenses with of notification of common stock shares par mining to manufac¬ letter $30 of notification 50,000 and unit, per stock. common Co. Instruments is proceeds being sale of stock of Jan. 19 at a headed by Pierce, A, . the from common made group a Offered— Stock of the ! 5 : the shares ■ will be used company . and used for research and proceeds will be added to the general funds exhaust- tops, Co.—Common Instruments to prepay a major portion of a note payable and to equip and furnish an addition to its manufacturing plant which is now being constructed by the company's lessors.* -Balance of the the by development. BUSINESS^—The company, manufactures and No high of stainless TURNINGS'—For had in units of underwriting advertising and development, capitalization of the $170,000 Helene p. for the and cleaning industrial centers, It also pumps. months 10 — of Curtis amount ' : | equipment hospitals, -research ana ended Aug. ineoimd xico 31, 1960, $i43,j60, o* company the equal to 51 cents common share. per oper¬ cleaning in steel the sales of $632,740 net CAPITALIZATION - together with its subsidiaries, designs and frequency glassware pharmaceutical control laboratories and other institutions. manufactures with shares ' proceeds filed 1981 without underwriting. are to be used for PROCEEDS—Net Mr. Approximately he said.—V. 192, V debentures at Exchange Commission— and 9, years. each year, a Jan. on price of $7.50 per share by Carrison, Wulbern, Inc. will continue to direct the activities Rayco auto of absorbers corporation common $25 of Harvey A:sociates, Inc., Queens Canyon, Nev. With Heinicke and Gravinetics, Inc., Phoenix, Ariz.—Files With SEC— SEC stock. 2018. p. sterilization The a Public offering of 67,000 shares of Rayco, said owned subsidiary. In the pur¬ the issued shares of Rayco in Grayson-Robinson Stores Period End. Dec. 31— Sales —V. com¬ Inc.—Sales I960—Month—1959 —$9,752,175 193, p. 201. Basin retail under the name of outstanding 310,000 The $EC pension of Securities stock of has a Act Upon completion of the financing, payable jn the 192, current comp.-n '• ■— a.,*, ex a no^e and 348,000 shares of common stock.—V. 2018. Mines, of ' Inc. Chicago Company reported on Jan. 11 during the nine months ended Nov. 30. 1960. Sales r - ; issued an 1933 Basin order A" making exemption with' respect Consolidated , — ■ Suspension V •, /. permanent the from registration prior sus-> under the offering of- to a proposed public Mines, Inc., of Las Vegas, Nev Industries, Inc.—Record Highs— The riod Consolidated "Regulation Great r $30,718,538 $31,152,048 ' 1 Great Lower— I960—5 Months—1959 : $10,150,397 Permanent— the 192, Ileinicke announced outlets 2222.. the 37 cents against as With the expectation in this quarter. coniDEinv The the wholly a undisclosed an his principal merchandise ,a F. operated Also share. in January 1959, the company is engaged in groceries, meat aid produce and miscellaneous Bt.op--.ue founder, for 1,250,000 p. share, per a 110,000 underwriters who for additional underwriter cents N of The ". ot shares Rayco. turer cents operations. Keener, President of B. F. President and sole stockholder Goodrich systems 38 to bilized economy and with several new prov.'.ction facilities be completed, we are looking to the future with optimism." per share), The proceeds W. J. B. Weiss and retail ating capital. covering at Weiss, exchange The the by be of year ago. amount must —Files Dec.'7, Chocolate: Inc.—Proposes Offering Hamilton, purchased of. t' was company's Minn. A series of new prod¬ included two new cake mixes, Betty Organized ■» year the company also introduced a now in distribution in certain Inc., with stock, Godfrey, jy ended to report to shareholders, the company stated that "while the profits is not equai to the aiv.;-sc „„i saxes, we ie^i the be viewed as sa' is"ac^'-v. considering the general condi¬ results f :,E /' $8,176,016, up from $7,4/2,56o. $557,574, compared with $546,578 were in increase (Fred) : on y seat' covers, Rayco would is Supermarkets, common -oWcnxig headed of 125 Rayco Mr. 1960-61 automobile statement A Joseph year. the are more registration statement of year. 498. p. through chase was last just and its weight control supplement sold through ^iR-2000, a new epoxy co-reactant. General Supermarkets, shares vd 30 with earnings its In Goodrich Co.—Acquires— (E. F.) tires fiscal year. Gustin-Bacon manu¬ acoustical products and organic. share, both based on the presently outstanding capital per The Akron. Ohio, company- has announced the purchase of "Rayco Manufacturing Co., the nation's largest distributer of shock' absorbers, prtdue., line, which Still country. Valley, Coconut chemical products keting.—v. Golden national. Toas.ed grocery other in Cenoer introduced was Beccy period period Among key developments of the first half of the completion of basic construction r>F the first portion new *: amounted ($1 on 1-Nov. compares year. fiscal year same for : last current last cents June This the ■ stockholders to for year. xixe $1,392,599 common compared statement corresponding period fiist share per cen.s sales for for compared as mid-year ' ,'y .y-:. .. quarter after- taxes like quarter a the in of such company, material. ' in the latest These The Co.—Net, Sales Up— reported on Jail. 17 increases of in earnings for the three months ended Dec. 31,' Mo. first quarter of the company's glass fiber insulation and Earnings . hazards. City, mat Sales of- Globe closed circuit TV surveillance systems, remote monitoring systems, remote gate control units, and electronic sounding control and Globe include 2,000 2,000 2,000 — as and for-, devices Fox Stetson Securities Corp Straus, Blosser &. McDowell factures mobile services, Co.— 2,000 2222. p. Kansas 1960, supplying ^trained, uniformed security patrols, Polygraph (liedetector)^-examinations and electronic security systems.;,. ! /!•» / yThe purchase of Sparks, according to the principals, strengthens Globe's unique, position of being able to offer industry a complete security package, including both manpower and specialized electronic' investigative Corp. —T Frank, Meyer & Stern, 5,000 5,000 5,000 Co & in sales and 2% 9 4% samo country's third largest security services organization, industrial and commercial companies with protection against guards, 5,000 5,000 5,000 Co & . Space Lane, NortWTOst The the security 5,000 Co. Ryons 192, fiber current ; . Inc.—-5,000 Inc.—.:— 5,000 Gustin-Bacon Manufacturing of the J. H. Sparks Company, communications. Sparks was business and in specialists 2,000 2,000 2,000 Mascn-Hagan, Inc.—^-,—.^. 2 000 McCormick & Co 2,000 Metropolitan Dallas Corp.2,000 Model, Rolard & Stone... 2,000Mullaney, Wells & Co._—2,000 'Newburger, Loeb & Co.—_ 2,000 Rand & Co — 2,000 Ripcel & Co.... 2,000 Saunders, Stiver & Co.— 2,000 Co., — Paz-ifi" 2,000 Inc.—Acquires— Inc., has System, division mufflers General Mills Parker & Newhard,. Cook city. fire, the Systems, Detective a Systems, 7,000 7,000 Inc Irving Lundborg & Co.—— McDonnell & Co. Inc $265,326 annually. to Co.——, & Cq., Dain & M. Cleveland First Norfolk 7,000 Corp. their according indicated combined &. Hutzler_ Redpatht J. partnership formerly totalled) with & Auchincloss, deed The 7,000 • Co..^^.^'7,QO0„.^Investment Corp. of Bros. Schwabacher principal and and Co. Co Milwaukee The to 7,000 7,000 & 2.000 2,000 2,000 & Co. Eppler, Guerin & Turner, Inc. : Faulkner, Dawkins & Sullivan 7,000 2,000 — Davenport & Co Dittmar & Co., Inc Elkins, Morris, Stokes 7,000 7,000 7,000 Corp.— . 2,000 Inc Co., 11,090 Co.—— > 5,000 5,000 2,000 11,000 Co.. Lester, apartment $25,000 assets, Philadelphia, 1709. p. & The Stroud 5.0C0 5,000 5,000 5,000 Branch, Cabell & Co Dallas Union Securities Co.—~ Co.—_1 Johnson, The fixed $1,985,870 laoO,, compared 30 1959.—V. 30. & Michigan Blum project from Jerry sailers $595,000 in the pay 5,000 Sutro Bros. & Co Watling, Lerchen & Co.— Beil & Hough, Inc Bioren & Co.„—_A—-i—. Co & Shares W. Stein Bros. & Boyce—— J. S. Strauss & Co & McDonald & Co.———*. —V. quarter. $33,238,000 Blair of Hentz H. '/'% & Gardner Scranton & Co. William R. Staats & Co.'U-. 11,000 Jackson Pressprich & First have common the Chas. 11,000 —- Co Rothschild The Globe profits for the quarter totalled $1,123,C23, equal to 47 cents share on 2,415,523 shares outstanding. This was an increase of over combined profits .n the acv,'.. 0, 1959 quarter of $326,645, equal to 43 cen s per share, calculated on the basis of 2,147,980 shares. o* & the !.-' 11,000 William 21.27^ Backlog Co & Weeks & severally agreed, stock purchase following numbers of below company 11,900 11,000 '11,000 Co & Stone Illinois per • Corp. office' and the 11,000 11,000 Corp. Inc.— Webber, W. L. com¬ one 20,000,000 of issue of Reinholdt Curtis project, com¬ and Swesnik apartment to are and authorized business 18,500 Co. The Globe Net orders & Moseley Paine, selling a Swesnik total a the from Securities Hayden, receive H. in Inc.____ Securities I-Iornblower Washington, D. C., filed a Jan. 16, 1361, covering $677,700 Richard of out Brothers-—-—' 18,500 Equitable capital. which Corp., interest sold. is it present financing, out¬ of long-term debt; scocks, and 10,373,664 the of orefsr -ed Pierce, & Smith Becker G. A. at W., on bonds, mortgage stock. common Lynch, American Los Co., & ; shares these of sale $197,500,000 of purchasers named and conditions of terms purchase to Lehman the offered be Investment Partnership—Files Securities per time unpaid which, period. in the to Fenner notification of consist Shares Calif.—Files With letter a capital shares used 1411 Anne management up of be agreement and at The $2,248,457, were subject the Instrument $18,800,500 months filed of 20,000 to of eight inio provides forma pro shares Limited April on Instrument- sales I960 Highway in Silver Spring, in $1,270,675. of the nine months." 19S0. over sales Transistor forma pro Nov. PURCHASERS—-The employees during part of December 1959. of trust amounting interest payments on the deed amount to $95,883. The general partners have each received eight partnership units in exchange of their assignment of all of their'right, title and interest in and to the contract for the purchase of \• for taxes combined year-earlier ended quarter filed a regis¬ covering 18,990 certain Marache to earnings on a combined pro .forma basis for the year-months would have been 88 c—us per snare, calculated on of 2,147,980 shares. V.~ nine ago 20, first of diviaend engaged Granbery, then Comparably, the, basis' to the generating, transmitting., 1 distributing and selling at retail electric energy in an area in South- • eastern Texas and in south central Louisiana, comprising 28,000 square miles. The company sells electric and gas appliances and * cooperates with dealers in stimulating sales of such appliances.' Md., 1961, is & Globe, 1953 17, stock common States Goodbody forma General for of Hallgarten $243 cash 1 in the comparable of $1,888,755 Landover, Jan. to be offered sale completion various of Herbert Wolman ,.i> pro stock, from shares. Registration— on Co., Pasadena, offering are Blum & of entered General and the on shares shares • partnership interests, to be offered for public sale" at $2,700 interest. The offering is to be made on a best efforts basis by situated period. 1960, combined General 0"er share,, based Instrument year-ago Nov. to 28.77 of Nov. 30, as General by comparable The company, pleted including . $30,- received the CAPITALIZATION—Upon capitalization will 525,000 and plants from year standing 6,910 totaling last East-West of the current fiscal increase of 20% over the an Dec. and Ross national $49,115,212, jobs to be anticipated that through 1961 the company's construction require approximately $25,000,000 of additional financing temporary bank loans. ;/•• ! ;■ ■> :17 including ; ... to pay L'lum, the general partners, are the sole stockholders of the underwriter. The partnership was organized under Maryland -law in December I960 to acquire the Glen Ross Apartments in Rosemary Hills, near . ol ox cities 54 to may program ;!/•% in of July presently limited per months nine months up common per the for were forma, profits for 1959, cost a Y 10,236 in manu- Exchange Commission—> on proceeds Swesnik Chair¬ . taxes pro Net 30, at located Offered—• Stock this of porate purposes. It is presently expected tria construction expenditures for the years 1961-61 will total approximately $90,000,000. In addition to the proceeds from the sale of these shares and $17,018,683 obtained contract, 10,000 share. per of the nine months ended Nov. 30, represented an 8% increase over sales Nov. in Road., registration statement with the SEC for Transistor. General Earnings year, sales This $53,213,971. nine of basis, forma pro 76 used Gulf SEC Instrument company The share . the On capacity of , be shares off short-term notes due Dec. 31, .1961,J issued to provide funds for construction purposes, and the balance will be ;! used to carry forward the construction program and for other cor- , 2040. p. covering The xjjI. Backlog of the over the year-ago figure) of Nov. 30, he stated!' Per 14.8%) were $1.01. 39 involved year, Co.—Common Securities Corp., $36.15; Carl M. Loeb, Co., $36,011; and First Boston Corp., $35,845. PROCEEDS—Proceeds will Angeles, Calif. xx, as (up total Manufacturing provided also employees were last 350,000 Rhoades & I firms, expansions a were $23,914,700. Sheriff the common who company the $5 ended Board 6900 non-voting 190, The all-nine sales records and 21% for the quarter, 28% n. new :'' ,% Xv;7%! will provide employment during 1959 193, p. 200. with Securities and , a of mission months of statement , nine A. devel-. shares of 241,000 shs. new of These 1959, industries expansions wages Georgia in productive : ' V h expanded and annual Glassco Outstanding (up In E. area of Webster & capital a company, company's comparison, 119 During . wages.—V. of the company earnings for ;'%■ '■ y The results, Mr. Benedek stated, "reflect particularly General In¬ strument's continuing grow.h in semiconductor and military-indus¬ trial electronics." For the fiscal year as a whole, he said the com¬ pany anticipates that apprqximate.lv 3 57 oi its volume will be in semiconductors, which now constitute its largest single product line. Total sales for the fisictl year ie.iu.ng * 28, 1961) are expected to be approximately $75 million. The comparative nine-month sales and earnings figures, for both the current and previous year included, lor the first time, results of General Transistor Corp. from March 1 (start of the General Instrument fiscal year) on a pro forma "pooling of interest" basis. General Transistor was merged into General Instrument as of Aug. 31, the million $48.3 at was at company, shares FINANCING comparable year-ago periods, over Benedek H. electronics diversified quarter corpora <Ao^ increased»aat-profi s sharply the of the facilities. Giant Food Inc.—Shares The Corp.—Record Highs— third fiscal this 1960, T"" 1 39 established in Glen 1,000,000 shs. " 10c)_ Instrument General Nov. value (par 1610. p. representing lines of located ;■ and plants new tration of this public Authorized stock Common —V. their • new Georgians —._.—$7,500 — 150,000 — ——— 82,500 ). 83 The equipment of plant and Expansion plants new throughout Georgia. receive the sum of approximately $240,000. proceeds will be used in the following order of priority: These the capital investment. plants increased their $59,611,000. will the company to laws the the week. last announced industries expanded additions successful completion the of the event PROCEEDS—In officers hi, industries, manager $61,638,000 a present offering, Solomon, other . addition In time major domestic airports such as those at Los Angeles, San Francisco. Dallas, Miami and St. Louis employ the hydrant system and construction is under way at Washington, D. C., Idle wild, Chicago and others for the installation of this system. ■ the At Daniel six and v on 498. p. company's common stock is being made by an underwriting group headed by Merrill Lynch, Pierce, Fenner & Smith Inc. and Lehman Brothers at $36.75 per share. The group won award of the issue at competitive sale on Jan. 17 on its bid of $36,161 per share. Other bids came from: Stone an investment of $38,305,000, were established in the company's service area during 1959. •; industries with more than $50,000 of capital outlay and em¬ ploying at least 10 persons are included in the power company's figures. !" ""'.'7"'" ' a ..^ . -;v 857,000 was by owned President, ■■ new 192, Utilities States Offering Only machinery of 83 located and permanent.—V. Gulf representing 1^52, for the purpose of engaging and equipment for the gasoline and oil marketing industries. It maintains its . office and principal plant at 4045 Merrick Road, Seaford, Long Island, N. Y. The company's principal activities are directed toward the manu¬ facture and servicing of machinery and equipment connected with the problems of aircraft refueling. The company has pioneered in the development and manufacture of hydrant valve boxes and hydrant fueling carts and services used in the refueling of jet aircraft at today's airports. ■ y •":!•••■ y.,'; the in of $31,158,000, made be and power York on March 5, of the State of New total a of Vice-President Jr., opment York 5, N. Y., publicly firm's 10b par common Inc., 82 Beaver St., New offered 100,000 shares of this stock at $3 per share. ,Co., '. 7 ■' suspension order, issued in June 1930, asserted that the offering circular omitted certain material facts. Company subsequently filed a stipulation consenting tnat the suspension According is Kesselman, Monday, January 23, 1861 . temporary counsel more stores . company's working and supermarket The sale the as in 96.77% stock, Yates, offering circular, Theodore Arrin & 12 Jan. a opened be Sanford investment Stock Offered—Pur¬ Products, Inc.—Common to to soon directors. facturing Garsite is Chairman, During disclosed , suant of used supermarkets, such inventories. be Georgia Power Co.—New Customers— stockholders released on Jan. 16, M. H. Robineau, that in the six months ended Nov.- 30, 1960, his company's net sales and operating revenues advanced 46.2% to $24,504,483, while net proiits soared 86.47c to $1,113,288. Tnese figures represent all-time highs for Frontier. Vy.<";. >>■'•!'• '"■ > t;-7 •i In commenting upon the improved operating results during the more recent six months Mr. Robineau stated: "Three factors spotlighted our better showing—expanded retail outlets, increased oil ana gas pro¬ duction and, of course, greatly improved marketing conditions." The executive added ttiat present indications pointed to equally successful operations during the remainder of the fiscal year ending May 31, 1961.—V, 190, p. 2240. v.7y' H to report a of equipping to initial number proceeds will months. 12 the Of Board and Refining Frontier In President, the Net $282,400, at to the prospectus, Millburn, N. J. and anotner in Preakness in June 1961; and two additional supermarkets, in the process of being negotiated and consummated, are planned for openings 200. p. expand to with mem supermarket a appointed trustee, registrar and paving agent for $22,500,000 second mortgage 5Vz'/o convertible income bonds series "A" due Jan. 1, 2011 of the company and has also been appointed registrar for the company's ($25 par value) common stock. has Co. Trust Manufacturers estimated will be applied specifically, Coast Ry.—Appointments- East Florida order indebtedness. certain and stock, . totaled the of 1 Net 31% preceding profit standing shares $1.27 -was at year, increase an $2,570,000 compared the on Nov. times 2,028,176 30,. 1960 outstanding at the Willard with 2 V2 was almost and share $42,635,000 compared Gidwitz, compared same president, of with percentage combined date said a sales year in and the earnings same pe¬ 12.5%. $1,962,000 gain class with there record $37,899,000 98 and cents earlier. was little an increase Profit sales'. in A B on • doubt of per out¬ 1,993,976 shares the • that Helene Volume Curtis Number 6023 . . The Commercial and Financial . would Feb. report record sales and earnings for the full year to end During the previous year Helene Curds sales were*$48,058,616 was $2,483,803, or $1.23 a share. / • v 28. and net The hair 193 ended is company leading a manufacturer of preparations, shampoos, perfumes and other packaged goods for the consumer market, and is the world's largest supplier of beauty salon products for professional use. ' , The the reported sales in the three months through Nov. 30 compared with $15,282,000 in the similar quarcer of 1959. Net income was $1,202,000, or 59 cents a share, compared with $925,000, or 46 cents a share, ii^ the same three months of the previous year. 193, 106. p. Oct. net 31, annual its 19607 it for Mr. disclosed effective Feb. by Oscar Dane, fiscal year President, shareholders. Inland and , v .... will 7 establish stated, • will enable new a • "This addition to our facilities us to offer our clients a complete line of commercial financing services and should accelerate the growth trend which has characterized Inland's history since it began operations 11 years ago.£ ' / Mr. a gomery St., San Francisco Calif., 11, publicly offered, without underwriting, 233,150 shares of its capital stock at par ($1 share). per BUSINESS—Holden-Day, the Si ale in the of California publication, textbooks. Inc. March on PROCEEDS—The used net to provide estimates company net 12, 1.59. proceeds the sale and 7'/. stock offered will be added to be incorporated was distribution, */7/.' • ... v/t'--''" ";"!*•'^-..7 ; the the sale 12 next laws .7;".' 7;. i shares of of of and will working capital. months it the hereof proceeds in the following oider of priority: approximately publication of books, $35,000 for salaries, traveling ex¬ penses, and manuscript development, $3,000 for leasehold improvements, and the remainder for working capital to be used principally for in¬ creased manuscript development, sales effort, and distribution of books published by the company. • ..-7 7>7 $70,000 The the for plans company growth in order does not propose to do its own printing tain production facilities. company to meet anticipated publications, manuscript development, and sales keeping wilh the general practice of the industry/the In coverage.. increase its staff in to of rate CAPITALIZATION GIVING! EFFECT TO and binding or main¬ Even PRESENT FINANCING *Of which 275,000 shares represent of April because Murphy.—V. .The $675,003 at $5,000 limited of. shares. for 91 On the cents Inland's by- wholly and will Associates in ^SSO.OOO shs. promotional for Inland class shares fee tide the on to acres cost of for of not partnership the organized land. The than more Corp. Inter-: of Asso¬ York stockholders' a $30,000 by in partners Yablok . New the Nade.son, Samuel and which subordinated'units (Harvey M.. Harrison, the general general Nelson Taft O. house, all the. had and original and and Lewis holders and mo,tcr hotel and, the entire property will be managed by fnrefeo'Jdo'fp.,- an Alabama corporation whose stock¬ will be the general and original partners of Associates. Under the management agreement, all net receip.s from the operation of the property will be paid by Inreco to Associates in each year of the management '.agreement until Asso¬ ciates receives 13$ of its cash capitalization, i.e., $8),050 each year. Income earned in excess of $95,050 per; year Will be distributed to the subordinated limited partners until they receive $3,903 per year. If any income is earned by Associates in excess thereof, 65% thereof will be distributed to all partners pro rata to their original capital accounts (including subordinated limited partners) and 35% to Inreco as managing agent. The $675,000 to be received from the general partners' cash contribution and from the sale of additional limited partnership interests will-be applied as follows: $550,000 for the pur¬ pose of closing title, including the reimbursement of the deposits under the purchase agreement; $120,000 for the payment to the general part¬ ing of costs and expenses connected with the acquisition of the prop¬ erty, organization of Associates, and the registration and offering of the limited partnerships, and $15,000 as working capital, including principal officers are or limited , closing adjustments. International $250,000, of $7 Francis tive S. loss net of elected nounced Mr. the to Eoard 13 Jan. on levien, director and t*:e of Stamford, versal American Florida, Miami, 1..2, Land Horizon Land Chairman. of New following Realty South and Utilities Dade Inc., Co.. V . . - corporation Dec. on 29, filed I960 letter a of notification witn 10,000 Wanderer, & Espy The proceeds of ment to and business Teaneck, Inc., are be used for N. .J. to Central „ $1,970,956 additions to during the announced of office, develop¬ that $1,065,910 compared with operating revenues in November 1960. $972,852 ox in and a and $75,433 $12,084,263 1959. The ; and •' • of loss net ' 7"-7 . $516,636 in 7..7 .... the ;•7 corresponding ' > .• . . period ' .. ; figures do not include any amounts for damages as awarded by the New Vork Supreme Court in trie lawsuit brougnt by Cnarles B. Ripley and others against United Fruit Co. in which case , appeal is pending. Under the Total 7 Jan. ." 7 - judgment to 1 , the amounts due are as follows: 31,' 1959—$5,924,470.90 Dec. to . rendered as I960—^ 30, Nov. 784,841.66 — — the Manufacturers stock Trust the of has Co b°en company.—V. appointed 192, Infrared Industries, Inc.—Merger Industries, Inc. Cramer and be interest to Nov. 30, 1960____— to Taxes fees and plaintiffs'. counsel.—V. 2,262,850.95 192, and which expenses it said W.-J. 1913. p. de the was director Fremery, of were months six not sufficient Waltham, Mass. ended to iirm, Rectifier International cilities in 31. Oct warrant a transfer agent for Italian substantial maintains also manufacturing fa¬ manufacturing venture in elec¬ tronic semiconductor devices at Borgaro, near Turin, to supply Italian industry and part of the European common market.—V. 192, p. 2508. holding for company Power 10c!^ .-a-i. jointly Corp. an¬ merger areas of 12 of $10,000,000 of this utility's PURCHASERS—The to from purchase the of amounts \ last dramatic addition other was that oqo sales for, income net the was E. Douglas Reddan Infrared, $83,569 net income of Net income per outstanding the For income of of to quartter in Mr. are detectors of fiscal upon year 618,600 ago. shares less to total anticipated, Mr. than the Sidewinder sales. The missile increased Reddan said, program earnings as sales dropped from the second in due mainly, he said, development ference ha-' u half year. « a 31. 1960, sales were $497 952 and net with sales of $527,397 and net income corresponding perio"' a ve*r ago. Overall figures the for 6.7% are the period quarter ended Oct. $50,441, compared half-year the infrared 54% of corresponding nine was clcse was $21,249 for Share the at the lor filters Reddan a and to increased sales of products largely He cited a doubling of sales of inter¬ nine-times increase in instrumentation sales. V year a also company bonds; an th«> Infrared is currently anticipating orders for a second generation S.r1eT,dr""~r rr>i°sile and is continuing to participate actively in the Midas satellite program.—V. 192, p. 1815. earnings will be will made go possible modernization, about however, predicts sales figure Is conservative a the paid for The is per analysts because "depressed" indu try. a this consistently falling off background that Jaan.- significant. and in 1960. In the by ' figures, $100 on there January, ■ were 1960. value par Mr. regular annum ' - earnings announced we.s security been against share per the to has sales Jeannette 7% reasons Among them were a products; opening of new through additional promotion, considered becomes improved results off. is It years. advance several efforts. Interest dollar-wise, arrearage of $30 That arrearage, It pletely there preferred Stonehill, was ^ com¬ have dividends been regularly paid and will continue to be done. This means, the corpora¬ tion president said, that ownership was back where it belonged—in tha hands the of Of interest While program. such expansion, chase and of two in of that he which Jeannette's in was force of acqui- the of pur¬ million $3 both were and .Stcne- an pitfalls for volume a They gross. 192, on possible negotiation with sales help.—V. the Mr was embark to of awareness companies—one significant audience about was considerably smaller a fields be his revealed • specialized Jeannette stating different with one related he this to that announcement tion stockholders/ common particular hill's Kansas offering in closely team management 1197. p. Gas Co._ Amount Corp.. Securities & Robert W. 1,030,000 Ellis Co._—_„ & Van The Robinson- . Humphrey . underwriting Inc. at Co.—— 100.53 for 250,000 —V. 193, 201.> p. 7. & the for Eastman Co. A. and of about area Wichita electric books benefit Richard - in 81 sales PROCEEDS—Net the cost of of ment the bank at company terest. sales for or the prices 100,000 range 1960 $36,737 000: were was $7,769,000. was carry-forward. consolidation of Hermes Electronics Co., Cambridge, which Itek acquired by merger in July, 1960. Corporation now includes six divisions and subsidiaries. are the Information Technology Besides Laboratories, Waltham, Photostat Corp., Rochester, N. Y.; Vidya, Inc., Palo Alto, Calif.; Itek Electro-Products Co., Cambridge, Mass.; and Space Recovery Sys¬ Mass.; tems, Inc., Los Angeles, Calif. Leghorn reported that the Information Technology Laboratories consolidate most of their research activity, which is presently carried on in several Boston area locations, in a new $3 million research center at Lexington, Mass. These new facilities in¬ clude modern research laboratories and test equipment, and mark an shortly important step forward for the company. annual report was series bonds An increase predicted on Glass Co.—President's Remarks— Jeannette of for January Speaking 13, almost the ... before $1,000,000 company by in its sales ' a and President Halsey, ' luncheon of the New York ' Society of Security * program. the option of the in¬ sinking or impro"7em2"",t f 'nd replacement fund at special redemption the for 101.22% to revenues during the 12 months ended 0"t gross 100%. }n«'*>-»•» of ratio «'V/iq "7-s earnings purchasers forth set Stuart Courts below. to ' a" net fi^ed charges for below named tl 31, income e pe.iod 7 have •' & 7 ■ Amount Co. Peters, $5,400,000 & Co._ 400,000 Mullaney, Wells & Co.— Writer & Christensfn, Wm. 300,000 Gregory & Sons—______ 150,000 $100,030 Inc Pollock E. & Co., 4T> o*»'o Inc. —V. 192, of 100,070 150,000 & Co 2223. p. Kennecott Sale Walter Stokes &<Co.____ Thomas Copper Kennecott's Corp.—Sells interest in two Mining Interest"— South mines- gold African Virginia Orange Free State Gold Mining Co. and Merriesprult (Orange Free State) Gold Mining Co.—was announced on Jan. 16 by C. R. Cox, President of Kennecott. purchaser headed by is Charles South a W. African Engelhard, formed company Chairman of by svnrhcat'e a Mines, Rand Ltd, of Johannesburg. to is receive £3,500,000 (approximately $10.000 070) in five equal annual installments starting Dec. 1, 1961. to<*eth°r with a 20% interest in any net income and capital gains of the p-rchasing company. The amount Kennecott might receive under this 27%. m-ovision is limited to a maximum of £2,500,000 (app-.'oximetely $7 033,000). Under will agreement with the members of the syndicate. IKemectt right, after receiving the £3,500,000, to acquire, if then 20% of the outstanding stock of the purchasing an have the advisable, cancellation of its obligation to make any investment total the mines amou'ted has to redemption and interest two debenture and loan st~ck and payments approximating including $46,000,000, received in 20% interest. Kennecott advances or investment. above future upon no has $3,914,1100. in firms the Co. holdings "An the in Centramic Africa may .7 , the sale, ■ Mr. have members syndicate - . stated important Cox the Virginia mine. betwfeen these tvo mines which mine adjacent to developed be both to Ltd. announcing Engelhard Harmony beneficial be South shareholders the of arrangement would of Ltd., Southern of ,to letter a certain syndicate, beside0 Ra"d Minns rre: Africa »Ltd., Anglo-Trans"aal Consoli¬ (South Africa) Ltd., and Engel¬ purchasing Corp. Investment Industries In that in the mining of ore, underground trans¬ ventilation, water control and nump'nT." Mr. C°x said. of such an arrangement make the Engelhard syndi¬ cate the logical purchaser of Kennecott's holdings." "Further development of the two properties without such an arrange¬ ment as is now proposed would not, in management's opinio:, be warranted in the light of present conditions. "In view of these facts, it is believed that the sMe, while resrlting in a substantial loss, is in the best interests of Kennecott. Ihe lo~3 portation, "The will advantages against earned surplus. For Federal tax purples, it a capital loss carry-forward to be applied against- any capital gains that may be realized during the next five charged be constitutes yGE,rs»'' The letter 1947. shareholders to the in interest Orange it 1950 In Free acquired a also recounted "and mine and the history of Kennecott's which ba^an in Virginia monerty area, the it acquired 34% a interns: in ' • l"-53,"*the letter recalled, spent for mine development nod facilities to bring the properties into p-^duction. The Virginia has not and sinking at both mine sites began in large -surface the State gold mining 33.66% equity in (subsequently increased to 35%) Merriespruit later in that year. did 30% in earnings was Maurice L. Stonehill the at Amount sulphuric ** and „ se7'era:iy p^-ed purchase from the company the respective principal amounts of 1991 to "Shaft m?.i,led to Itek stockholders on Jan. 11, prior to the company's annual meeting which will be held Jan. 26 in Boston. —V. 192, p. 2508. The service rural electric 7 100^! plus accrued to ' corporate Mr. •will electric communities: applidd*-toward including the retire¬ with redeemable 105.85% 7.53. The PURCHASERS—The dated share on an average of 1,075,983 shares These earnings include 15 cents per retail and offefittg^WilF he connection are, and from the from redeemable are , specialists in information technology. Itek last year - of $25,056,879 and earnings of $475,483. Results this these ranging, maintenance which in bonds rAR.NINGS—Operating it —„ furnishes villages communities, and to construction' qirogram incurred prices approximately Co., year. loss tax the include year of 12 from proceeds loans They also Other per It cities, to company's REDEMPTION—The 200,000 & .. the miles. square wholesale ^ & Co.——— , Leghorn, President, reported these represent new highs earnings for the three-vear-old research and manufac¬ S. and firm, reported cents & closed. smaller 142 at Kennecott's Waltham, Mass. : corporation, had net sales of $35,053,837 for year ended Sept. 30, 1960, the company announced in its report released on Jan. 11. Net earnings reached $866,337, during Stone and cooperatives. assumed 7 Co. & 101.739; company 8,000 and service company Corp.—Annual Report— to Securities Corp., jointly, is engaged exclusively in the el°ctric utility business serving the southeastern quarter of the State of Krn"-as, deemed fiscal share Union C. the Anglo-American annual accrued 4%% Dillon, 200,000 Boynton Public the Securities and 200,000 — Bros. — coupon. Glore, Forgan & Co. bid bonds, also as 4%s. Bids for a 4%% coupon came from: Kidder, Peabody & Co. and Merrill Lynch, Pierce, Fenner & Smith Inc., jointly, 101.779; 100.0599 250,000 D. Offered headed by Halsey, Stuart & Co. interest, to yield 4.55%. Inc. won the issue with a bid of and Halsey, Stuart & Co. 250,000 Inc.— Co. E. Bonds — group 101.22% — ; & Sutro "7 .' 400,000 Inc.— 250,000 Co._ & Co. MacArthur Co. 500,000 v.-* 7. Co., Co. $7,000,000 Kansas Gas & Electric Co. first mortgage 4%% bonds due 1991 was made on Jan. .18 by Fridley & Frederking_— Ferris 1 500,000 Alstyne, Noel & Co. & Kenower, 500,000 Simmons & Fahnestock $300,000 Southwest Gairdner 500,000 & —— Blewer, Glynn First Co., & — Blunt Co. Peck750,000 Baird Podesta Cruttenden, 1,250,000 & Noyes Electric & of Kennecott Corp._$2,600,000 Boston First Adams ;ago. reported five to positive The named below have severally agreed the following respective principal purchasers the new Additional fi¬ bonds. Amount The Hermes, 10, President, said in a semi-annual report to stockholders. These figures compare with sales of $985,178 and $56,276, generally the Financing De¬ Co.—Additional Light & joint a tails—Our issue of Jan. 16 reported the offering on Jan. equivalent merger. on com¬ new demand relations particular Inc. 7 England and France, has associate companies in Holland and and only recently announced an agreement with a leading Denmark, The Off—Sales, Net Down Controls was repOi„ea as earnings. of • November. Itek The Stonehill, and consumer public within an Corp.—Forms Joint Venture— foreign operations for International Rectifier, a substantial part of the capital will be furnished by Indian interests in exchange for technical know-how, engineering assistance and manufacturing equipment from International Rectifier. A new plant will be established in New Delhi under a corporate name which is yet to be announced, and will open in June or July, largely for training of Indian technicirns xnd other personnel, Pro¬ duction for industrial and commercial delivery is planned to begin in Mass., benefit of sales nette's scribed may second subsidiary formed by the company in Asia. A joint, semiconductor manufacturnig venture, International Rectifier (Japan) Ltd., has been operating in Japan since 1958. 7 Under an agreement negotiated with industrialist Kulwant Rai by dustry, mutual it share per earnings equipment earnings introduction both unit and " its 498. p. submission of the decided that before and of, directors, as management. Kuhn. Lceb Allyn & Co., Inc:,* jointly, 101.701. and White, Weld & Co., 101.289. The offering was oversuD- selenium under a jointr, venture agreement with Ram Krishan KuLvant Rai, producer of steel" and other industrial products and a substantial import-export .firtn with headquarters in New Delhi, it was announced on Jan. 17. Eric Lidow, President of International Rectifier, a leading world producer of electrical and electronic, semiconductor rectifiers for in¬ proposal boards group. $6,200,000 stock common equipment, Mr. Stonehill listed Production, & The El Segundo, Calif, corporation, will start manufacturing rectifiers for industrial and commercial use in India this year further investigation Mr. $1.30 business to Rectifier International turing their about previous $8,972,163.51 — Federal income to awarded nounced on Jan. 16 that by mutual agreement, the merger negotiations between the two companies have been terminated. In explanation of this action, the presidents of the two companies stated that, after to of 1961, improved of was BUSINESS—The Subject outstanding Infrared and glass hard common in same the force; creation Jeannette Webster - $6,709,312.56 capital. Independent Telephone Corp.—Appointment— The be the of share for increased sales advertising an above Itek the management would year per 1960. that modernized as markets; could revenues Inc. branch new a from America operating / 7 open working 1960, substantial period Jan. 1-Nov. 30, 1960 operating revenues were $11,ana net loss was $516,636 compared with operating revenues of Inc. covering 5,000 shares of cumulative preferred stock (no par)shares of class' A common stock (par 10 cents) to be offered at $40 per unit, in units consisting :of one share of preferred and two shares of common. The offering will be underwritten by and of Childs Files With — SEC the of had company of Exchange Commission— and 31, that new sales funds in spent so Jeannette's stock. 190,000 the Hemphill, Planning: Corp., Allentown, Pa. Securities Calif.; Uni¬ Gas Co. of Miami, Fla. Hardeman Corp.^ Stanton, Corp., New York;. Consolidated Paul Conn.; Fla., at Oct. stated nancing details follows: Board of Amrcn Corp., Waukesha, Wis., corporations: Norma Hoffmann Bearings 893. p. Income The Horizon Geist, Irving by member and Corp. $156.8 shares and retained earnings brought also well revitalized Railways of Central America—Report— $93,724, loss 822,657 partner in the law firm of Levien, Steinbrirk & Baudet, a Corp., —V. of Directors of also is Chairman of the Esq., net Iowa of the execu¬ York, has been Corp., it was an¬ American Universal of director President, Levien, committee As for In - - the The necessary were history of Jeannette and dis¬ since January, 1960, when he a share for 1960. per remain million cents » an lines and long-term debentures capacity.—-V. 192, p. 994. credit leading Railways the November Corp.—New Director— Horizon Land < - $4,253,480 to report bank broadened International limited F. the Associates Exchange. up The company's year and partners) Associates will not manage the property, restaurant' station. They are to be operated by third parties under gasoline , for with .7. '7 1960 when .... . April through ( represented year, compared Total- private a the ,motel property/ leases, • /• until the. public the public sale of equity Estimated and Gittler) received in consideration of their'tissigfrfiieht of the contract to acquire, nor million, owned to 7 ' i960 fiscal the .7 offered Stock earlier. year law investment for totaling $3 8,186.41 and by paying, $550,000 in cash. capital of the partnership will consist of $685,000 in cash ($10,000 contributed a $174.8 was U American on station ,7 . 1959. during privately was were Proceeds from '/ mortgages The $1 were business 1959.. Credit property is being acquired for an acquisition $1,549,186.41, payable by taking title subject service in number of shares outstanding share on 492,500 shares in 1960, Hotel located in Bessemer. Ala., Included in the property is the Inp Motor Birmingham. to under purchasing of purpose gasoline a Securities Yablok, a general partner unit commission-.* per Holiday route motel, 11V22 to the main 112-rocm $446.67 limited a i960 City, filed a registration seeking registration of be offered for public sale Interamerica Jules by a 7/ 7- then Inland average 410,000 in on of purchased, shares A the on issued be to 1961, interests; to through Oivned 16, -..'7 by underwriting group headed by Shearson, Hammill & Co. At that time, the existing outstanding shares were converted into 385,000 class L shares, bringing the total capitalization to 575,000 shares. Regular quarterly dividends of 12 V2 cents have been paid on the class A stock, which is listed a Yol'k New Jan. partnership receive is December Ave., on Ardisco, acquired was 7 . . the figures share a volume collateral million basis, of the year, each and 192, p. 1815. Park SEC interest per is anrerica ciates, the with of 375 of company, : • business for the 1960 fiscal year were equal to 35 cents a share 575,000 class'A and class B shares outstanding at the year-end. 1959 figure Was equivalent to 65 cents a shafe on the same number The Holiday Inn Birmingham Associates—Files Offering— statement whose the $1 1960 the last 22 $1.30. the of estimate. the For to Frederick H. of $373,724 for Inland and year Earnings l;: on X; Outstanding 750,000 shs. __; fiscal 1959 operation, I960.' <' * ' v with pro forma combined compares sales least at that 1959, were about if to up 1959 behalf 7 • Authorized Capital stock— the affiliated an The utilise will income in % 7 capital of the company additional with during the company is engaged technical and scientific the general fund company that under The of 7'., from P ,'S The,year's net income of $490,422 .7- in in traced development on revealed million pared with . IIolden-Day, Inc.—Capital Stock Offered—Pursuant to Jan. 6 offering circular, this corporation, of 728 Mont¬ $5 and presidency Stonehill Earnings Stonehill Mr. growth the against . factoring . Inc., its assumed in Corp., provide com¬ engaged in 28 different firms Inland He the for Financial 150 , that 1,-1961. $493,422 company's than Analysts, cussed to Ardisco 7 . also Dane division, the to more industries. 31% announced .subsidiary, financing Sub.)—Net Up —News—- rose was mailed report (379) (& earnings holly-owned v mercial company of $16,469,000 —'V. Inland Credit Corp. Consolidated profit Chicago-headquartered Chronicle sums of money were producing gold sines 1954, and uranium oxide and since 1956. However, the ore at the Virginia mine be as rich in metal content as originally expected, values have been declining." been acid prove gold Production to at Merriespruii began in March 1953, but in the fallow¬ ing November the mine was flooded by an inrush of watm the of which was unprecedented in the history of South African "o'r.me mining. 8 The Commercial and Financial Chronicle (380) V* stockholders Kennecott advised were in March regarding 1958 raising that advised further the additional capital mine back in operation would was discontinued.—V. 190, p. 672. Merriespruit program Co.—Bank Power Kentucky not needed Mr. the Jacob E. the John M. The SEC on Jan. Borrowing Approved— The announced the issuance of 1961 16, SEC decision under a the Sanay . of question a the by raised Commission with respect the to of books the Kentucky, Sept. 30, of as the accumulated 1960, and reduction amounted and $6,600,874 reflected the Earned in reductions sheets balance the Regulation designation Restricted Surplus Corporate of applied to Kentucky of had and the accumulated other the modernization system the accumulated reduction, of Term Capital sThe and commission the settlement, the also the certain approved For the the these of purposes agreed stock policy tax reductions it had not intended to and, of financial analysts, investors, accumulated tax reductions deem appropirate for their purposes.—V. 192, accumulated on could not foreclose rating agencies, others from regarding the amount of they manner any 994. F. issued has SEC from registration under the Securities Act of 1-33 with respect to a public offering of stock by Key Atomic Minerals Corp., of 830 North Institute St., Colorado Springs, Colo. |. i to respect amount. In shares at $2 per share The commission's order asserts that conditions of Regulation A were not complied with; proposed the public offering of 150,000 common to such pursuant certain and terms exemption. an notification and offering circular were false and misleading by reason of the failure to disclose certain material facts; and that the stock offering was made in violation of Section 17 (the anti-fraud provision) of the Act. The order provides an opportunity for hearing, upon request, on the question whether the suspension should be vacated or made permanent. The alleged misrepresentations relate to the company's failure to disclose (1) the acquisition of a mining lease and the terms of such that company's the purchase substantial blocks of stock another corporation was explor¬ ing the company's properties; and (4) adequately the use to be made of the proceeds of the stock offering.—V. 186, p. 2371. (2) certain arrangements to in other corporations; (3) that lease; (S. S.) Kresge Co.—Record B. 1960 the than year-end 1959 total and all-time an high the for 61-year- firm. old The sales December December late declined he $69,889,679, were Ohio for estimate in Fifty-nine 1951. in locations six enter 42 in states, stores Colorado, new Clemens Mt. the - of 1.36% 1959. over addition to the to will opened were 1961 Ellis, . & Brown J. —V. ..-Co., E H. 192, McKelvy Mullaney, value asset net of Chairman ended year $28.07 was Dec. of ment. cipal improvement 1,000 processing plants in Chicago, Madison, Davenport, Philadelphia and Los Angeles and distribution centers in several other cities, specializes in sausages and smoked meat products. —V. 191, p. 103. —• Wells & Co.— equal to $27.06 share, per . be of (Arthur G.) the largest Francisco. a the category of $50,536 575, investment. 8.4%, - chemical and open during South expand existing 60 over including i960, Carolina. Kresge's See Radiation Canadian and Puerto This closed A total of 759 p. 2327 and V. stores 27 units 191, during in were i960 in operation "deteriorating of the at year-end V 192 Sales Sales 063,236 weeks . were any . $1,869,621,922 reported were , of compared for were with by the Joseph $5,766,752 Sales in of November Inc., below—V;, .193, 49. p. the for period not Drug of than the history, Sav-On were President 1960 the it sales was Stores, included in (4 sales five-week week in The of Kroger weeks) for the the totaling $153 period were the of - four 1959 highest for reported. acquired by Kroger's 1960 the company total. in the manufactures aggregate, coal engineering fields of construc¬ and materials and ore products on mineral a Art"rafts, equipment processing sanitation and industry. engaged in the sale and servicing of franchise b-sls to the construction,' min¬ is Group Inc., Yakima, on Dec. 19, 196b 20,000 shares. of covering and shares of 10,000 in units of one share of underwriting is involved. No The of proceeds are to be used filed 103. j p. Wash.—Files : " be and common for notification with preferred at par ($10 per two shares of preferred. 6% A to W of cumulative offered " construction of a building, ' . Metro-Gcldwyn-Mayer ended to • v - . " • .. • • Nov. Jan. on similar the for • purchase equipment, and for working capital. quarter • With ; letter a class stock common share), Ind., major manufacturer of glassmachinery, is ' contemplating further diver¬ Lippin, President, is currently stockholders Gain in the . 24, 1960, 13. This earned 87 was of a dividend record most Dec. recent ~ the first President .Joseph R. Vogel reported ' to figure compares with -71 cents per share cents period of the last fiscal year. stockholders to Inc. check 16, for 40 per share for Accompanying the report cents per share, payable 1960. quarter continues the 'upward' trend of the , negotiating Aug. 31, Lynch 1960, manufacturer of acquired stereo, Sympnonic high fidelity, Electronic Corp.. a television and other consumer and defense electronic equipment.--v. 192, p. Marshall levels for Total 352,274 and the six months announced revenues profits on were of ended high. which in the fiscal year ended Aug. 30, established a 12-vear Total company earnings for the quarter amounted to $2,177 000, based on Jan.,. 12 $1,869,436, shares of profits of $50,318 or common 10 cents " Marshall Nov. 1960, reached Industries in a an 30, report to increase of a record S, Marshall shareholders. ; • : Gordon 38% year cents over 2,506,123- shares Mr. at 2,608,888 the on outstanding Vogel stated that prospects of the year the earnings f~r similar period last shares then outstanding. - company the end year of were company and beyond are unusually bright.—V. the period. $1,852,000, Total based -. , for the remainder of 193, p. 202. Michigan Bell Telephone Co.—Earnings— 899. : Highs— the c.orresponding period amounted to $65,305, equal to 13 registered in taxes 500,000 Industries—Record revenues President, after sales SEC stock acquisition will Total comparable thirteenth 1960 Co. mining, Distribution / .The corporation bring about an increase in gross annual volume approximately 30%, together with a substantial increase in earnings. The of 52-week Kroger year ending Dec 31 $1,911,896,801 for the 53-week 1959' in Securities and Exchange Commission— ! . by company, principal Hall, Christmas company 1960, the of higher Sales $186,315,925. week B. thirteenth 1959. of for sales design, complete customers Division WEMCO the Memorial with a leading manufacturer of instrumentation and test equipment which is utilized by producers of jet engines, jet planes and other industries. . On 1960, for the issuance of Western Machinery notes. ing, manufacturing and utility industry.—V. 191, > Kroger Co.—Sales Off— its for manufacturers Anderson, packaging and Bernard locations." 2519. p. provides Knapp services The Diversify— Corp.—To sification. Rican Western The . firm The 1 for , Corp.—Joint Venture— Materials, corporation, making operations. August President of the acquisition How, . through paid was stockholders will over area . H. agreement Metro-Goldwyn-Mayer Inc.—Net Up-— Electronics Loral new firm The operating ;. . Jack in made reoort fa and preliminary including nonferrous smelting plants, industrial mineral processing plants, ready mix concrete sys ems, chemical process plants, power plants, dams and bridges, and other construction projects. the portfolio' during the quarter were: Transportation Corp.; 20,000 General from the has San in processing, General. American . stores new reached. follows McKee of a headquarters for the Western Macninery stock was $8,440,000 approximately $4 100,000 was paid by McKee in cash and the which tion category sales President that with Company Western Machinery comprises three divisions—The Western Knapp Engineering Division; the WEMCO Division, and the Distribution Group. Annual net profits of Western Machinery for the six year period 1954 through 1959 have averaged approximately $760,000. 4 000 Port¬ land Cement Corp.; 50,000 shares General Telephone & Electronics Corp.; 23,000 shares B. F. Goodrich Co.; 5,000 shares Houston Lighting & Power Co.; 14,777 shares International -Paper Co.; 9,000 shares Newmont Mining Corp.; 29,859 shares Nopco Chemical' Co.; 11,000 shares Pioneer Natural Gas 'Co.; 9,000 ' shares Simpsons,', Limited; 20,000 shares Standard Oil Co. (New Jersey); 5,500 shares Texaco, Inc.; 20,000 shares United Gas Corporation; 5,000 shares Westing-, house Electric Corp.;- and 18,000 shares Winn-Dixie Stores, Inc.— V. 192, p. 1611. ' Principal shares announcement The remainder 17.0% or Machinery purchase price The : of and Machinery, been had Co.—Acquires— & engineering and construction firm for chemical industries has announced that it Western Widdell, Western $294,474,078, single separate E. H. 8.0% and office equipment ,7.8%, Appearing of investment for the first time, education and recreation now accounts for $6,327,748 or 2.1% of total net assets. Purchases of portfolio securities amounted to $4,065,000 and sales amounted to $10,743,000 during the last quarter of the year. The report showed the following increases in stocks held in the portfolio during the past quarter: 12,700 shares Nuclear-Chicago Corp.; 25,000 shares Outboard Marine Corp.; 10,000 shares Public Service Co. of Colorado; 25,000 shares Public Service Electric & Gas Co.; 2,500 shares Allyn & Bacon, Inc.; 3,162 shares American BroadcastingParamount Theatres, Inc. and 2,040 shares Beryllium Corp. . , as the acquired assets, was invested in these securities. Other large invest¬ categories were: Oil and gas 15.4% of net assets, metal and mining petroleum steel, v McKee international amounted 31 with some with Co., & ' total ment material, will be Mayer "This corporation's assets invested in common to $287,195,156, or 96.5% of total assets or 98% at Dec. 31, 1959. U. S. Government obligations and cash assets were $6,808,313, or 2.3% against $3,589,047, or 1.2% at the end of 1959. The Public Utility section, consisting largely of stocks of companies considered to have above average , growth possibilities continued to Dec. at compared prin¬ that the supply of hogs,' the company's will continue to be relatively short, but noticeable toward the end of the year. estimated They raw Oscar 31, of percentage stocks - 1,000 Co. share. per , 2,500 1960. Net asset value is after deducting a capital gain distribution of $12,915,593, or $1.18 per share, declared Dec. 20, 1960 and payable Jan. 30, 1961. On Sept. 30, 1960 the net asset value was $25.68 per share while at the end of the year, 1959, the . , 2,000 by Robert Lehman, President, and Monroe C. Gutman, the executive committee, in Lehman's annual report for of ~ Speaking- optimistically of the future, the Mayer executives ex¬ their belief that the national economy, currently in a state "hesitation," will mpve ahead again after this period of adjust¬ 2,000 Inc. Austin, — $296,176,935, the order, working top in pressed announced was flavor. and 3,000 2,500 1914. p. total A & & Lehman Corp.—Annual Report facilities its and i & 5,000 Inc. Co., keeping to will also .new Co.—1 Inc Austin Harrison & 4,000 Mosley Yeatman, ac¬ continue to emphasize its research program to improved ..products and packaging, the Mayers reported. They said the company scored a major ■ breakthrough in packaging during 1960 with development of a technique for vacuum sealing wieners and similar products in an air-tight, transparent Super Saran film which provides maximum protection of freshness develop Shares ■ Co Howe & Co.- 5,000 Parker Redpath K. Suplee, 15,000 10,000 —_ •v/V " Inc.—• Holyoke & Chapman, —_15,000 Auchincloss, regarding expressed was 20,000 Co Lynch Kresge Oklahoma in states optimism Co.„___ & Co. a addition In r,-: d.-wh)";.:* and- finished corresponding increase in prices received for fact, these prices were lower by about 4% in company evidenced by the company's continu¬ as Cunningham, to increase an 1961, Kresge's long-term potential, ing expansion program. According from subsidiary. upon conditions set forth in . % Illinois City Securities Corp year-end volume, Cunningham said that were January sales "encouraging." While early and to volume below: 42,000 products, finished for supply, the ; and terms Co.— & Corp. . regarding commenting In include manufacturing Kresge's Co., not does figure above Pottery v Sales— Cunningham, President, reported on Jan. 9 that the company's sales from retail operations were $415,653,755, 3.48% higher H. the to Indianapolis Bond & Share as provides a conditional exemption from registration public offerings of securities not exceeding $300,000 a notification filed in November 1957, Key Atomic A Regulation Blair Smithers The tempo-arily suspending a Regulation A order an exemption in purchase, the opposite its name to S. it Corp.—Offering Suspended— Key Atomic Minerals The issue than high I960 earnings, while lower almost equal to the previous were Capital expenditures reached an all-time high of $7,036,000 in I960,' report showed, indicating that the company is continuing its practice of plowing back a large portion of its accumulated earnings into improvements and additions to its manufacturing and distribution facilities. Capital expenditures-have averaged nearly $51/s» million per year for the past five years. a .. the company has agreed to sell to each below, and each of the underwriters, for Shares purposes course, with named products; related flight for reserved by received prices hog companied by i$ acting as representative, has severally number of shares of convertible preferred set William will not be included as a part of com¬ mon stock equity or as part of capitalization, including surplus. The commission observed in its decision that by its statement of income tax for Federal secured be to 1959, high levels of efficiency. The increases in costs of labor, services supplies (other than livestock), the report continued, were not wjiom William Blair As.Co. tests, any accumulated tax reduction resulting from charges against income as an operating revenue reduc¬ tion in respect of accelerated amortization or liberalized depreciation p. agreement, underwriters appropriate surplus. $3,000,000 of underwriting the of borrow 400,000 shares of common stock the convertible preferred stock. tlncludes system, the commission will give due weight to accumulated tax reduction and its size in deter¬ capitalization ratios; and, so long as the consoli¬ dated balance sheet of American Electric and its subsidiaries or the corporate balance sheet of any subsidiary includes a substantial amount of accumulated tax reduction, the commission will not take any adverse action in respect of capitalization ratios where, upon completion of the financing: (a) common stock equity is not less than 30% of total capitalization, including surplus; (b) mortgage debt is not in excess of 60% of total capitalization, including surplus; and (c) total longterm debt is not in excess of 65% of total capitalization, including in of existence in will of 1956. in which was plentiful throughout - fiscal 1959, held up well during the early months of I960, but fell off more rapidlythan expected in the later months, the report said. These variations prevented the company from operating its facilities " consistently at entered into a term loan agreement with The of Indianapolis, dated Nov. 17, 1960 (in which & Trust Co., American Fletcher National and Purdue Research Foundation will participate) company As a percent compared with .V year. that the company's earnings in The Bank on all of the company's aircraft and equipment, including all spare parts.. . ground conversion concerning tests mining and Co. the G. announced previous report said record $5,730,000 creases .v-% 130,000 shs. 187,254 shs, mortgage to Oscar The lower 1960 earnings were attributed to a sharp drop in the supply of livestock in the latter part of the year, continued increases in costs of labor, supplies and services, and de¬ Outstanding 130,000 shs. +750,000 shs. ^ — UNDERWRITERS—Subject of part companies the Trust $20) report firm, the for cents The of \ $1) history. and Board, sales, the *$3,000,000 $3,000,000 year share, compared with $3.66 per share in 1959. earnings amounted to 2.18 cents per dollar, of has National which payable in in 1967 convertible pfd. , reported on Jan. 6 net earnings of $5,676,985 ended Oct. 29, 1960. This compares with earnings of $6,274,889, which were the highest 1959 annual processing 2.41 Bank National chattel Authorized • . ending (par (par company & under the capital structure of the various companies the American Electric, holding-company system. In future financings by stock Merchants Bank 6V2% stock Indiana ments." in installments (cumuL ) stock Common designation reading; "Accumulated Amount Invested in the Business Equivalent to Reduction in. Federal Income Taxes Resulting from Accelerated Amortization and Liberalized Depreciation, Which Is Recorded as Earned Surplus Restricted for Future Federal Income Taxes in Accounts Maintained Pursuant to State Regulatory Require¬ As • the per PRESENT FINANCING EFFECT TO GIVING and 7 V2 % 6% notes, monthly counsel for the two companies Division of Corporate Regulation entered into the possible settlement of the accounting issue - An agreement was reached, which was sub¬ mitted to and approved by the Commission. Under the settlement proposal, as approved, supplemental financial statements have been filed by both companies which the commission has found not in contravention of its statement of policy. In the new financial statements, the accumulated reductions are carried under a ratio company will complete contract with United Air a spare . raised. been had under Co.—Annual Report— & & Co, fiscal company's their meat completion upon book- high stockholders, Oscar G. Mayer, Chairman Mayer, Jr., President of the 77-year-old that 1960 sales amounted to $259,835,261, off 0.1% from 1959 sales of $260,221,726. Sales in pounds during 1960 actually increased by nearly 4% to a new high level, the report said, but prices for finished products were lower, indicating the sharpness of the competition among the more than 3,000 meat packing firms in the United States. Net earnings in 1960, according to the report, were equal to $3.23 of the program CAPITALIZATION to looking discussions which the fiscal the In into a program of fleet expansion and requirements of its growing route system. enter sufficient purchase the SEC counsel for and has made arrangements, company to meet to 340's Convair American Electric in support of their balance sheet and Kentucky 53-week and states Mayer Mayer 52-week the in its purchase of five Lines, Inc., and will engines, propellers and other parts. In addition the company has contracted to purchase 8 DC-3's and plans to purchase two additional DC-3's, all of which will require spme modification. In order to support its expanded operations, the com¬ pany will also purchase certain ground equipment and strengthen its working capital position. this Under was not consistent with the Commission's stated policy re¬ balance sheet treatment of credit equivalent to reduction in income taxes even though corresponding to the manner in which they were classified on the companies' books pursuant to State regulatory commission orders. Under the policy statement, such accumulated tax reduction, if material in amount, may not be designated as earned surplus (or its equivalent) or in any manner as a part of equity capital (even though accompanied by words of limitation such as "restricted" or "appropriated"). • After several weeks of hearings during which testimony was offered garding treatment Oscar for Columbia. of financing the of companies by District the that urged six in segments route additional company PROCEEDS—The Division Commission's The the and which Electron Products division, reliability capacitors. Its of the. performance sub-miniature (Oscar) serving awarding Particularly bettered was virtually irigs in November of about $200,000 were more than double the month of September, 1959, when the division was acquired. Gains were also registered by the Wahlgren Magnetics division, manufacturer of pre¬ cision transformers, audio filter and magnetic amplifiers; and by the Component and Instrument division, which serves as manufacturers' representative for firms in the electronic industry.—V. 190, p. 1422. system, accounting purposes. financial he noted. their operations in the six months. beginning," manufactures corporation Delaware a - develop¬ substantial research and them to operate profitably will enable which divisions noteworthy primarily in Indiana, consisted of 888 route miles; and the present serving 33 cities in the six state southern Great Lakes area, consists of 2,175 route miles. In 1960 the Board issued three decisions Reserve for Future Federal Income Taxes. as the accumulated reductions in Federal incom taxes arising from the taking of liberalized depreciation and accelerated amortization for tax purposes (pursuant to Sections 167 and 168 of the Internal Revenue Code) while taking straight-line depreciation for They is Inc. technical studies number of facets of general physics Marshall Laboratories will engage equipment for the missile and space awarded been in engaged now electronic of have the All the transportation by air of passengers, property and mail 33 cities through 29 airports in Indiana, Ohio, Michigan, Illinois, Pennsylvania and New York. The scope of the company's operations has increased substantially in the last 10 years. In 1950 the company's system, serving 12 cities to was system subsidiaries the consolidated accumulated reduction amounted to $101,299,167, of which $94,698,293 was reflected as Earned Surplus Restricted, Airlines, Central BUSINESS—Lake designated "Earned Surplus Restricted for Future Federal Income Taxes"; and on the books of the $831,825 firms contracts Offered—Pursuant a industries. ment ($20 per share.) par sales both in Formed in November, development "Both prospectus, an underwriting group 12 Jan. a proper presentation in financial statements of accumulated reductions in Fed¬ eral income taxes, both as to Kentucky and its associate companies. On the vehicle headed by William Blair & Co., 135 So. La Salle Street, Chicago 3, 111., publicly offered 130,000 shares of this corpora¬ tion's 6V2 % convertible preferred stock (cumulative) at to expected is chemistry. in 66,500 shares of common stock Central Airlines, Inc.—Stock the executive commented. Dynamic Science will engage in October, from River, a tributary of the Ohio River. The Big Sandyto be completed and availaole for commercial service in the latter part of 1962. At the same time, trie Commission approved a proposal for settlement Big plant in engineering development in and Wis.—Files With SEC— 1960 filed a letter of notification with the (par $1) to be offered at Dec. 30, on growth continued see Laboratories," and share, through Milwaukee Co., Milwaukee, Wis. proceeds are to be used for general corporate purposes. Lake to estimated Marshall per The construct a steam-electric generation station, having an capability of 265,000 kilowatts, in the State of Kentucky on Kentucky company covering $4.50 Act approving a $40,009,000 bank financing of Kentucky Power Co., Ashland, Ky., subsidiary o£ American Electric Power Co., Inc., which will provide part of the funds to be used by should months earnings," Mr. Marshall commented. -• prime importance in the company's development as an inte¬ grated entity in the electronics industry was the establishment of two advanced scientific research subsidiaries, Dynamic Science Corp. and Formed Root Co., Appleton, Kurz & Monday, January 23, 1861 . "Of been a Kroger vice-president since 1944, and vice-president since 1947, were elected executive the company.—V. 191, p. 2519. of six next . and year. Directors, Lockhart, vice-presidents Company Holding "The thirteenth I960 the who has Davis, put Accounting Issue Settled— the during operation in stores was 1,374, a decrease of 2% from 1,399 stores last Hall also announced that at a meeting of the Board of period and to justified, be of number Average pro¬ a for de-watering the mine. In October 1959 because of the dis¬ appointing gold values and the rising level of costs, stockholders were gram . the $1,- Net income share on the compares with Period End. Nov. 30 . 1960—Month—1959 $ * -' $ - $ Mos.—1959 'V $ ' taxes—_ -3.535,515 3,425,637 taxes— 1,694,623 1,511,801 21,094,697 operating income- 4,133,795 3,850,782, 44,185 670 3,479,324 3,308,247 Federal Other 1960—11 270.893,606 177,175,649 37,76^,992 35.320,760 Operating revenues.^— Operating expenses--—! income operating 26,449,059 17,085,126 24.898,243 289,982.561 16,110,023 186,932,202 18,422,623 ago. per stock, outstanding.- This per share for the first half of fiscal 1960. Net Net after charges—-— —V. 192, p. 2611. 39.974,1 34,251,1 37,017,502 . .. ... .. .V Volume Number 193 6023 . . The Commercial and Financial . Chronicle (381) Microdot Inc.—Agreement— An , " ■ .. stalled " ing exclusive long-term agreement for the distribution of the new Multi-pin connector has been signed by Avnet Electronics and Microdot Inc., it was announced on Jan. 13 by Microdot Corp. President The R. S. applies standard line of cylindrical Multi- An initial Multi-pin $18,000 order has connectors, been placed $50,000 for for approximately standard coaxial $150,000 connectors, their sales own engineering staff. now give our new will company The extremely sup¬ with well-organized Avnet Multi-pin connector broad national from their eight stocking locations." distributors for Microdot will continue to carry the standard coaxial connectors and cable on a non-exclusive basis. distributions Present line The new Multi-pin line, $500,000 company expense, designed and has been developed in research by and Microdot at development a for the past three years. The Multi-pin is a microminiature connector approximately one-quarter the size of present "miniature" types. The largest Multi-pin, with only a IV* inch shell will accept up to 61 power contacts. These tiny push-pull quick disconnect connectors are offered —V. in 192, "disassembled" kit for forms bench field or . " In be 1961 of handle bills all to test 22,000 This —V. * 192, of electric central of •The the of company, Natural the peaceful of subsidiary; the and in Co., Wise., the has filing commission joined of has with atomic ested persons until Jan. 30, 1961, to request a hearing the proposal, Milwaukee Gas Light will issue and sell 416,667 shares of its common stock to the parent for an cash; time it and will also issue and sell to 24,062,069 Operating parent, for giving inter¬ thereon. Under expenses— 14,747,368 Federal proposal Other banks, from to Net in Mokan 2204. p. Small Investment Corp. The share. The is and under applying loans a to research, of stock be used The Federal such other as Investment 1958; —V. also C. $150,000 debentures of SBA to will Interest petroleum by weather Harry N. were to The of as preferred warrants totals 12 of stock. with of There to Gas Forman the this of end the in of 349,063 Earnings at Corp. 100,000 and OSCAP is E. per each to period, in despite liquefied notes sory founder will and of in New through National of reserved cents to companies and serving stock. his and is all in the is listed as Orleans under the earned mission has to Home than more issued cents 25 Nov. acquisition 15-year promis¬ President management ^reflecting of date company earned income the the payment in the is and outstanding amounted surplus for and stockholders the on its $4,725,837 common 1960; 31, months 12 of aggregate to to of S. New York Offered—A headed by group new Jan. 18 its on bid bid Stuart of 98.173 98.803 of for for the 4%% a the & Co. Inc. group. subject offered, to 4%% engine mail this came The ' certificates, on cipal each and which Feb. 15, and clutch while its in 1962 15 to annual 1976, and of natural and $90 of The facilities gas announced been by estimated President, demands is to for ♦ of as in most up existing for the uostate and New York of during 192, and service in requirements. the gas future expansion program consist of immediate of transmission system through the construction 345,000 volts capacitv. three times the voltage of to circuits," Mr. Machold said. Initial construction of the system which will extend over 200 miles from Utica to Poughkeepsie was undertaken during 1960. The new transmission system will greatly hawk increase capacity system itself, and to exchange power within the Niagara Mo¬ establish new and larger links with utility systems in the New York metropolitan area, New England Pennsylvania. Consolidated Edison Company of New York, Inc. complete Yonkers. 1962. "Major the and will line from Poughkeepsie to its Dunwoodie substation Completion of the project is scheduled for the summer . projects ' to • be inaugurated • during 1961," * in of Machold pointed out, "include an electronic' data processing system to accom¬ plish greater efficiency and economy. Fifst use of the system, in¬ the so post¬ in and to Col—Earnings— 185 Storage of million Payable $ 1,022,527,374 935,232,559 614,614,862 563,818,237 132,469,000 123,696,000 taxes 9,652,165 8,106,891 110,573,459 14,686,462 14,781,426 164,870,053 12,032,980 12,322,763 138,005,526 130,534,014 to Picket the Co.—Additional GIVING equal 155,068,847 Financing Details— Jan. 13 of EFFECT PRESENT TO FINANCING 5V4% due 1969 volume to sales said that sales health subsidiary a Sept. monthly 1960, 16, of and nuclear fields of The 30, the Outstanding of uses of C.LT. Financial Corp., major Industrial in of uses research, of and gamma Reynolds noted. course, is materially benefiting by radiation and specialized radiation x goods and many other products of all, he said.—V. 191, petroleum paper, made are better through radiation techniques, he added. achieved with isotopes, and the field of most and Major products, canned more economically agricultural medicine and the & stock mon Co. offered at $9 the of acquired ing from and Water quick $2 Cleveland Co., 111. the was of the Kalamazoo, will of the be applied Industries, latter in and Mich., Bethesda, of Md., below, a the which various engineer¬ National S. Gordon to March capital 4, 1969. stock of is purchase I and the stock Cohu space, EARNINGS—Sales and other income of PneumoDynamics for the Nov.; 30, 1960, totaled approximately $13,900,000 compared $14,766,854 for the comparable 1959 period. Pro forma net in¬ ended for forma the net like period income of in 1959 equaled $275,542 approximately $92,000 in total of shares respective of stock common set forth and has of Essex the filed as the 20,000 Walston 20,000 Hallowell, Hornblower & Weeks & 8,100 Co. shares & outf- and for Inc. exhibit have the Harrison H. Kinsley Saunders, Stiver & Co.____ 7,200 Winslow, Hutton E. Blair & & & Co. Inc Co. 7,200 Co. Co.— Inc Brod T. jt;s Evans Co. & Charles A. Taggart of the underwriters Pacific SEC & registration pur¬ named state¬ below: & AuChincloss, Redpath Co. Walker & Parker of to 3.4% the shareholders with the for over six the same six the months at $1 295,000 per shares share, of a capital letter stock without underwriting. of share during fiscal said Rotanium period that first-half notification 50 months same ended period of $693,000 last year are year ended sales Electric anticipated, and will tation of the Nov. 30. fiscal is or not costing keeping This the preceding 80 cents possible year. share. because inventories, pace a but of Mr. with the growth of 31. company's newest maintenance Co., are developing more rapidly that Premier's also last May the Products "beginning new to welding products make a and contribution to Cana¬ are under way for another sales selling division which number furnish a new line of specialized products to the general transpor¬ industry, he said, and the company is currently investigating of acquisition possibilities. a The 3,000 (par 2,800 — was company's research program is being Intensified, and recent de¬ velopments include new types of welding rods and electrodes, and an screws, — Files The with cents) to the be Mr. Mandel said.—V. 192, p. 1495. Progress Webster Electronics Corp.—Files Offering— corporation, of Tenth St. and Morton Ave., registration statement with the SEC filed Miller, Mosley profits." 5,000 & Salt Lake City, Utah Exchange Commission— 1961 Inc the on in divisions and 4,000 Inc Sons Trust, 3, & Corp.—Forecast—News— improved line of sheet metal Jan. 2,800 2,800 Co., . on & Inc. 6,000 $6,469,000 for Planning activities 10,000 company Son expected are report a increase Mandel 5,000 ...., & Mellen & Suplee, Yeatman, the company's method of that profits are "more than business." a Mr. Weissenborn, Inc. Riecke 2,800 Harper Inc.— Joseph, said our Parker A. Inc P. Co., Premier Industrial, which designs, develops and distributes more than products used to maintain and repair machines, vehicles and buildings, reports sales of $12,826,000 and net profit of $1,343,624 or than H. 4,100 2,800 7,000 dian Joseph in totaled change 8,000 and 4,100 Stetson & to break all previous records during ending next May 31, Morton L. Mandel, President, said year 6 Comparison 10,000 Williston profits profit Mandel Shares Co., Western covering offered the Beane R. 203. p. an Craigmyle, Pinney & Co. 10,000 ; 193, The was 60,000 10,000 Co. Inc Inc. —V. Sales of name 12,500 & Jan. $1.55 Woodcock, Moyer, Fricke & French Co Industrial and fiscal 4,100 .. 2124. p. Premier Sales division, J. Wm. 6,000 192, 4,100 Cohu Winslow, 6,000 & Co Adams Blunt Ellis & Simmons 7,200 Inc duPont & & Chace, Whiteside & Francis I. Hentz Inc. 7,200 L. R. 6,000 set opposite 6,000 7,200 F. S. Moseley & Co Tucker, Anthony & Day 12,500 v & of Co. the 4,100 7,200 W. issuance stock conditions to Co. & 7,200 Net capital the and Kirkland Co. Inc & Dodge on Shares Inc Sons to sell to each of the underwriters underwriters has severally agreed to Stetson — Jenks, Co., Sulzberger, Becker & Clark, the & Brown G. Alex. into outstanding at Sept. the Banking terms an 4 Estabrook & Co „ number • year. Stetson & for company agreed of each number Cohu pro below: Hemphill, Noyes & Co $100 amount Sh&TGS Inc. with compared 1960.- UNDERWRITERS—Each of the underwriters named below has severally agreed, subject to the terms and conditions of the Purchase Agreement, to purchase from the corporation the com¬ 20,% a reserved loans payable agent & to the ^, Winslow, A. stock, raising Winslow, Newark between company the wide a missile and other high precision-type military and equipment. ^Approximately 80% of the company's business the government, primarily as a defense contractor. with —V. the —. transfer of which is copy of Co Rapids, commercial ' National below 1960 including Claud has engineering divisions in Grand and El Segundo, Calif., manufactures 6,000 capital of had no short-term agreement named in and PneumoDynamics, which variety the • 1959 Inc., company, Mich., toward corporation. incorporated Pneumatic units of oversubscription on corporation's com¬ * offering indebtedness corporation operating Lift of V-Loan 6,000 value par thereby shares UNDERWRITERS—Subject ment, are prospers of this share. per PROCEEDS—Proceeds payment to jointly, 175,000 shares Chas. W. Scranton & Co Stroud & Co., Inc the authorized new 15,000 options is gains health 2521. p. PneumoDynamics Corp.—Common Stock Sold—An un¬ derwriting group headed by Hemphill, Noyes & Co. and a company advances apparatus, Cigarettes, candy, Goodbody & Co 1960. chase diversified non-destructive §450,000 shs. purchase. company laboratory x-ray, company. $176,253 installments then including to the testing and therapeutic equipment are expected steady annual climb of 5 to 10%, Reynolds declared. their is of require tight quality control, will climb sharply in the new testing equipment will continue to expand where tight quality control is required, such as jet aircraft, atomic submarines, missiles, nuclear reactors, near-perfect castings and welding and a wide variety of other critical products," Reynolds said. "Human ingenuity is the only limitation in such areas." "The big advance, and subsequent sharp increase in sales, will be achieved as the practical means for applying non-destructive testing devices to mass production are found and applied. A major restraint currently is that some areas of industry are not greatly concerned with high standards of quality control." same against in¬ by testing mass production will rise money-saving applications discovered, $200,000_— stock right total for practical medical, director, that annually, 1,500,000 shs. - was was daily a testing specialized "Industrial Bache — shares 1960. in for 92,649,475 Tube in of feet million 75 non-destructive technical industries doubling proportion other come 1960—11 Mos.—1959 86,032,368 Picker to been maintain with 51,130,051 With Securities and ' Mr. side curb 12,014,000 stock § Not has enlargement its on field added. Sales Cushman's by i \ effective, standing to 300,000 shares. according to Earl J. Machold, improved facilities to meet heavier natural projected powered 2655. p. dividend budget, and be 250,000 electric 1961, in changed from 5,000 shares of capital stock, par vfftue per share, to 1,500,000 shares, par value $2 per share. On the date, the 5,000 shares formerly outstanding were reclassified Plans— expansion mail use 11,742,000 after charges—— t Effective prin¬ electric company's lines in new electricity well item construction con¬ 58,564,443 operating pany corporation. provide as the the for construction "Major future Corp.—Construction Power million will added Gas end 11. Reynolds, equipment However, only S. his route. A new style improvements to the models in this also are APPOINTMENT—The budget in now construction the 1494. p. growth new Jan. on A. Richmond, 1960—Month—1959 •First^mortgage note, dividends by The' New York Central RR. They are to be equipment estimated to cost $4,930,000.—V. 193, p. 107. Niagara Mohawk U. contract taxes. income tCapital secured by new A are Pipeline Natural Cruttenden, Podesta & Co. $225,000 to units Authorized Halsey, being re- as the The next for percentage have 2123. p. CAPITALIZATION a guaranteed supply Marine offering on 150,000 shares of this firm's capital stock at $4 per share. The par value of the stock is $2 per share. Additional financing details follow: A competing from to Mailsters. the figure radioisotopes, magnetic strong Jan. 16, Sub.— Outboard Our issue of Jan. 16 reported the 191, installments are relatively a predicted A. that of as preferred of for the over Max delivering <£ Peerless after The certificates are Commerce Commission mature adviser. by Oppenheimer & Co. Oppenheimer Manage¬ contract door a 94,645,070 —V. Interstate from owned of and Cushman order with mail Net operating income approval, at prices to yield from 3.75% for the Feb. 15, 1962 maturity to 5% for certificates due Feb. 15, 1971 through 1976. each Invest¬ Oppen¬ 11% or particles and dyes—will again gain in 1961 by saving many millions of dollars through inspecting inside sealed and solid products without opening or destroying them, Picker X-Ray Corp., a leading producer, are die-cast aluminum engines. This 2-cylinder air cooled. The unit will also have a larger is container remove 192, by hp. 18 expenses.: stock. common $3,955,180.—V. coupon. of planned delivery capacity of The Peoples Gas system Gas 192, BUSINESS—The Office revenues—. Net Com¬ of coupon is projects total Shares Salomon Bros. & Hutzler issue an the developed by Cushman in Dept. engineers for delivering Operating $3,825,000 of this railroad's 4%% non-callable equipment trust certificates on Plans Act. stock subsidiary a $1,063,200 , . Federal Central RR.-—Equipment Trust Certificates awarded was Inc. that investment partner Fund, Neb., a Post covered safely can I' 744. p. Plan's general 1,200 Period End. Nov. 30— 190, $11,173,930 period^ ended dividends amount of shares The under under voting Pacific Telephone & Telegraph organization giving interested persons until Feb. 3, hearing thereon. The proposed transfer is equivalent 1960, net of Dec. the unit type whose the million.—V. The show year and filed a proposal with the SEC the transfer of $355,132 from for as fund. 3-wheer vehicle a U. valve foot order.—V. order an share per 30, Act surplus of registered the as a Lincoln, with is Mailsters transmission The The with cubic man Inc.—Proposes Account¬ Inc.,. has Company capital to request a 1961, to At Holding. surplus Service $5,000,000 of liens pipeline projects, Natural Gas Storage Co. of subsidiary, has been authorized to increase capacity in 1961 by 75 million feet daily. cubic feet, dustry—x-rays, competitive bidding. developed Other Public registration a Corp.—Gov't Contract for awarded Dept. on over-head 40 ing Adjustment— New investment of Oppenheimer Marine Mailster newly period. and Adirondack businesses.—V. Service filed covering accumulation prices Operating Public Orleans City, 1961, the large suburban and rural routes. The cities in all sections of the country. p. 1735. New York 16, for company 1940 listed is been based The the acquired York. 42,147,618 many for on has junction conversion 94 $2,500,000 at Corp., Motors, Office The period increased year-earlier Corp. New of common the Home operate Gas and 44,514,291 Corp. Post period of last based had Propane placement shares acquired to Bottled England private 60,000 the continue that of Co., of Outboard was share, were & President Corp., year and shares the New Jan. mutual a public sale Management Cushman stockholders 12-month this common St., on Certificates Inc., Act Oppenheimer .; achieved months similar common Broad SEC Plan investment an Company heimer OK'd— 1960 12 warrants against $1 year, Adirondack customers financed was reported 25 the for offered ment distributor. outstanding exercise 42,194,535 ranging from $3,000 face value $600,000 face value through Oppenheimer & Co., of New York City, the sponsor and general distributor of the OSCAP plans. " Mr. of with other Picker X-Ray Corp.—Forecast— he 45,222,348 4,174,077 and Gas increase Estabrook 31, this in 260 financing 4,173,477 4,126,043 ... $ Offering— company, be and. letter LP-Gas shares million year. $ ' 2655. p. these together will 235 which to Coffey¬ demand for the interim this shares Oct. preceding lowered an $578,900 remain 31, Oct. of the conversions. outstanding in common common result a and months for compared number 649,343 which reported ended the in President available $584,500, year. is Forman, Earnings than conditions This gas. months 12 14,661,808 . charges 192, Fund, National Propane Corp.—Net Up—News— corporation in the somewhat higher earnings 36,287,136 26,038,327 270,873,261 258,336,065 13,981,474 158,309,655 152,383,422 4,395,979 46,085,311 44,339,753 1,487,397 21,255,947 19,418,355 4,187,366 Oppenheimer 1914. p. 25,056,879 operating income. Oppenheimer Co.—Chemstrand 39,864,817 1960—11 Mos.—1959 $ 1,895,995 Monthly Purchase J This 1960—Month—1959 4,311,710 after ment unfavorable income statement Page, Corp., above.—<V. 192, 43,680,287 39,072,074 Telephone Co.—Earnings— taxes.. The publisher of Coffeyville Daily Savings and Loan Association of Taken to Peoples withdrawal season $ Oppenheimer Systematic Capital Accumulation Plan— general manager of Page Milk Vice-President; and Damon A. Willbern, Federal Viscose Bell taxes—J Files companies in the field of finance, mar¬ of specializeo knowledge. Proceeds of storage John to Chemical American lav/ and Secretary-Treasurer. Monsanto See First the of Act addition another its During 1960 Natural delivery capacity, and Federal a purposes. President; Jim of Coffeyville as of for loan against its debentures in that provide equity capital and long-term small business concerns ,and to render sale as President 1960 Net areas the 3,523,660 operating Net per to of group to and these for 3,000 $150,000 a 3,829,306 3,569,110 regis¬ sale at $100 under Kansas Administration prospectus lists Richard M. Seaton, Journal, Company ville Business a covering 1961, public October filed Kans., 17, for Business intends and sale Jan. organized in Small for services keting Coffeyville, on offered be Small SBA company diversfied consultation the the St., SEC to was to the to The the stock, company amount. Walnut with common applying license is 729 of statement of 4,052,072 Operating revenues Operating expenses.. Other company, income. $ " shares In 111., 2612. p. mortgages Peoples Gas Light & Coke Co. of Chicago said on Jan. 11 that its long-distance pipeline subsidiary, Natural Gas Pipeline ' Co. of America, plans 1961 expansion projects totaling $52,310,000. The most recent project, outlined in a certificate filing with the Federal Power Commission, would increase the pipeline company's daily delivery capacity to 60 million cubic feet through construction of 257 miles of 30-inch loop line and increased compressor capacity at a cost of $28,560,000. Also pending is an earlier application of Natural Gas Pipeline to add 100 million feet in daily capacity through expenditure of $23,750,000 for supercharging compressors and construction of 89 miles of loop line. of $ 1,742,294 purchase Peoples Gas Light & Coke Co.—Expansion— I960—11 Mos.—1959 3,520,335 Period End. Nov. 30— Offering— tration purposes 22,663,016 261,617,203 242,677,256 13,595,971 158,950,574 147,082,611 3,643,587 38,634,326 37,373 946 1,594,152 20,352,016 18,355,882 taxes— charges 192, Ohio Proposes — to us Co.—Earnings— taxes— i; Business enable many to The special 1961, up to $20,000,000 of promissory notes maturing June 1, Proceeds of the sale of the stock and notes will be used to finance in part the subsidiary's construction program for 1961 and 191, meters time 1962. 1962.—V. after —V. during early income operating Net operating additional $5,000,004 for energy $ revenues order an will proceeds are to be used interests in real estate. the on efficiency shop 200,000 service 1960—Month—1959 Operating its financing a issued used com¬ by use Northwestern Bell Telephone assembly. Co.—Proposes Financing— Milwaukee, Gas be the meter gas facility The process¬ later nearly our $ American and service miles will 799. p. Period End. Nov. 30— Milwaukee Gas Light It aspects of toward greater step and square calculating and other and centralized a the month. per another completed. entire advancement 2019. p. to operating territory thereby eliminating the necessity of local meter repair facilities." During 1961 Niagara Mohawk and other investor-owned utilities in New York State will, expand research and development to test methods of generating atomic power on a large scale and at costs economically competitive with existing fuels. Niagara Mohawk is one of seven utilities that have jointly formed a non-profit company— Empire State Atomic Development Associates, Inc.—which is initiating a $20,000,000 program of nuclear research and development. Previous research programs sponsored by New York State utilities indicate that advanced concepts of two types of reactors hold marked promise of success in achieving competitive nuclear power. Through this program, these investor-owned utilities of New York State will keep in the forefront of nuclear development, and contribute to the overall o* in cable. Future orders are expected to be substantial. this agreement," Mr. Dickerman said, "Avnet will Microdot's sales engineers and 17 sales representatives the be equipped will year service and "Through plement will customer operation Syracuse per pin connectors, with a separate non-exclusive agreement covering other types and Microdot's coaxial connectors and cable. 1960, engineering, business. through near the to in million a planning, pany's Dickerman. agreement late of in Microdot 9 shares at of common $4.50 per Sloss & Co., stock, to be on offered Jan. for 13, Chester, Pa., filed a 1961, covering .150,000 in e;arly March public sale share through a group of underwriters headed by Marron, Inc. The underwriters will receive a 45c per share com- The Commercial and Financial Chronicle 10 Realsite transferred to the company all of the stock of four subsidiaries. Additional consideration outstanding capital Realsite, shares the and man holder of of its subsidiaries are engaged primarily in the construction of communities in Florida. Active on since 1958, this publicly owned company is completing its 470 homes in developments at Realsite Estates in the Carol City area, and Ives Estates in the northeast Dade area; Execu¬ tive offices are located in Lauderdale Lakes, an area presently being developed by Realsite and other builders into a community of approxi¬ mately 5,000 families,—V. 191, p. 2460. Realsite, The prospectus lists » Heller Hill, scene 3,000 3,000 Co.— & Borg Meyer—.—_____ & 3,000 Grimm 3,000 Darlington & Co —7,500 Marache & Co. 7,500 Van Alstyne, Noel & Co.__ 7,500 Courts & Co.—_—_;—___ 5,000 Hooker . 3,000 Mericka J. Wm. 3,000 Inc —— Hirshberg, Inc. 2,500 & Co,—aRoberts Co.—— 2,500 Fay, & 2,500 2,500 & Co.—— Simon M. 2,500 Noyes A. Norman C. I. 2,500 2,000 Loeb & Co._— Zuckerman, Smith & Co.— Newburger, 2,000 J/,;r/ 'i'/MV, 192, Interest Co.—Acquires Belgian Rheem Manufacturing - David _.:i—3:—5,000 p. 2063. .<. Infc. —V. 3,000 ______ and Norris Co., & Inc Co., Willis, Kenny & Ayres, Inc. W. D. Gradison & Co.— 5,000 Co.——«—__ Kohlmeyer & Neuhaus & Underwood, & and Florida 5,000 — Co & Brown 5,000 Inc._ Beane__ & Rosenthal & Co.—— and Inc. S. Hamershlag, 11,000 Co._ Inc C. 11,000 10,000 & 12,000 Granbery, . share of '■ the. average May 1Sept. 30, 1960. This compared with a net profit of $40,897 or 11 cents , per share, calculated on 363,500 shares outstanding Sept. 30, 1959. ' " the Co.— & Stieglitz Goodbody $236,836 in the 1960 the 1959 months. after taxes was $125,275 equal to 18l/z cents a of 677.842 shares outstanding during the period profit Net & Rice & Co. R. 5,000 Stone—, & Williston J. _____ / . month development ■ 1959. of ____ duPont & Co. Roland Irving J. 14,000 Co Hutton F. Model, ' 10,000 Ira Haupt & Co, 10,000 H, Hentz & Co.—— 10,000 J. C. Bradford & Co.—__— 7,500 A, T. Brod & Co.——— 7,500 in $324,699 \ with compared $2,091,605, totaled profit before Federal income taxes was period, contrasted with $58,425 in Net five program. Mfg. Progress I. Halle 1960. 30, months corresponding the all of the owns company. & L'.. wholly owned subsidiaries, real estate devel¬ has Issued an earnings statement covering the five • income Shares 49,500 & :— Shields its Sept. Consolidated 777,777 outstanding common shares Ruben P. Rosen as Eoard Chair¬ Stuart Caine as President, Caine is President and sole stock¬ Chester Morton Electronics Corp.; and Rosen is Vice-Chairman Mfg. Progress of promotion and ended months Co._ -Curtis Subs.)-—Earnings Soar— (& and Inc. opment company, indebtedness certain sales sified by the company to included the assignment issuance of pany Inc. & Jackson Webber, Faine, Blair Progress Mfg. of the 777,677 by Progress Mfg. to the com¬ due Progress Mfg. by one of the sudsidiaries amounting to approximately $460,000. The company and its subsidiaries are engaged in the business of manufacturing, distributing. and developing electronic equipment and components and related products for residential, commercial and military use, including such items as wire and cable assemblies, audio and power connectors, residential and inter-office communication equipment, electrostatic air cleaners and light dimmer controls. The netMU'oceeds from the stock sale will be added to general working capital fm^use in carrying an increased investment in inventories, for research and development, th' acquisition of additional machinery and equipment and an inten¬ the for common Hammill Shearson, more Francis company's common stock, the Monday, January 23, 1961 . Shares has achieved volume production techniques and expects to than 1,500 complete "Builders Showcase" shows in the year beginning March 1, 1961. Upon completion of its enlarged studios, Ray-Eye will expand its activities in the production of educational, industrial, training and dramatic programs. produce purchase an additional of . Ray-Eye principal underwriters will receive four-year warrants to 15,000 common shares at $4.50 per share. The compahy (formerly Chester Morton Electronics Corp.) was or¬ ganized under Pennsylvania law in Augiist 1959 by Progress Manufac¬ turing Co., Inc., to continue the business of its predecessor, Chester Morton Electronics Corp. Progress Mfg., in exchange for 777,6/7 shares The mission. . (382) •—News— ■The purchased a substantial minority interest licensed to manufacture Rheem water heaters has company Belgian company in _a ai a Rheem linings to steel containers, it was announced on Jan. b by A. Lightfoot Walker, President. • . Travail Mecanique de la Tole, of Brussels, has been licensed by Rheem since October, 1957. It operates plants and affiliates at Brus¬ sels and Ghent, Belgium; Saint-Aubin-Lez-Elbeuf, France; and Istanbul, apply „ 5.28% SlOO-par-value V. 192, been Public of 2511. p. 150,000 shares of the common stock Soundcraft Corp. was made on Jan. 16 at a offering of Reeves / Turkey. Emanuel, Deetjen & Co. The shares being offered were purchased : by the underwriters from The Prudential Insurance Co. Co. Puget Sound- Power & Light Files Bond and — Washington Building, Seattle, Wash., filed a registration statement with the SEC on Jan. 13, 1961 covering $15,000,000 of first mortgage bonds, series due 1991, to be offered for public sale through a group of underwriters headed by Biyth & Co., Jnc;, and Merrill Lynch, Pierce, Fenner & Smith. The public offering price and underwriting terms are to be supplied by amendment. Also included in the registration statement are 326,682" shares of common stockwhich the company proposes to offer, through the same underwriters,_for subscription by its common stockholders on the basis of one new shaie for each ten shares held of record on Feb; 15, 1961. The subSciiption price and underwriting terms for the rights offering are to be supplied PROCEEDS—Proceeds applied i by received $450,000 of toward Prudential will be "v;5'>• '"y\ master facture the of time quired finance to from new obtained Edelstein Co., Inc., pub¬ 100,000 shares of this firm's 250 par common prospectus, Robert 9 Jan. a licly offered stock Offered—Pursuant Corp.—Common Stock E. D. M. R. to expected to aggregate $16,500,000 at the bonds. The remainder of the funds es¬ the 1961 construction program is expected to be bank loans and from operations. V. 192, p. 1401. Bank loans are sale of the new $20,000,000. $3.50 per share. at March- -4,"'I960 of engineering, researching, developing and manufacturing timing and fusing devices of-both mechanical and electronic .nature for 6he Ordnattpe Corpsthe U. S. Army and other military and civilian users of such items. The company's principal office is at 22 Route 23, town of Little Falls, n. j., •' / ' PROCEEDS—The net proceeds to the company of the shares, esti¬ mated at $267,250, are expected to be used approximately_ as follows: Corp. BUSINESS—R.E.D.M. the laws of the State under bank loan \ acquisition of production machinery To pay For —-JIT— $75,000 and equipment 50,000 sells TO EFFECT GIVING a special Officer Bank, tLoans Payable Notes Term in of 4% rate 192, 1,000,000 shs. par ) monthly tPayable average (25c interest at an until' September. 1962. . L. . .. -■ •. amounts which include various annum, per number See Radiation Hirsch & Straus, Blosser 192, City operator of The The is supplier major a electronic of and equipment for .it is a producer— and commercial the Department of Defense. Through subsidiary firms, of electrical and electronic components for industrial applications. which specializes in the development of and miSslle industries, 'and* also performs extensive research and development in the fields-of chemistry, atomic energy, extractive metallurgy, plastics and nuclear physics. RAI is technical a chemical materials company electronics the for ' / ; ^ Colonel . and company stockholders of account the by the of This of Associates also and del Fonda of Hotel the Lexington, Four well-known In of Hawaiian Room it of L.° Westbury, a Associates coffee Riker's 14 rants its to shares operations, and Radiatronics, Inc., Van Nuys, Calif.—Files With SEC— letter of notification with the SEC covering 100,000 shares of common stock (no par) of which 16,000 shares are to be offered by selling stockholders at $3 per share, through Morgan & Co., Los Angeles, Calif. corporation The and proceeds on Dec. used be to are 1960 28, for filed capital Corp: additional equipment, Co., 55 Jan. 16 that it has agreed to lend $490,000 to Ray-Eye Productions, Inc.. of Kansas City, Mo. The funds will be taken down as needed by instalment into able Venture 35% amended. its have to Corp. under shares making Exchange, ever Its and and on V2% it of be represented by 10% purchase warrants exercis¬ is a small business investment, Small Business Investment Act of 1953. were- recently listed on the American Stock first traded small on a BUSINESS—Ray-Eye Productions, business national Inc., is investment across 1961 the material a will bfe nation. and home seen The on a show accessory phtent sales builder. weekly basis in,at is ojP several sponsored manufacturers for least of * is company' it has become due to Jan. long-term stock a this be loan loan note is be to be to secured of the into refund offering in/ January all existing by liens upon the above company's amount 75,000 Restricted includes-current shares Stock UNDERWRITERS—Under contained in the purchase Option the terms contract (a furniture, shares indicated below: issuance and subject copy the of a corporation organized under trade name of its products. The the tljie proceeds is without physical of its attorney. entire net to offering of the facilities the laws company the company and such as be of 40,000 shares $100,000 ' and these' Expenses resulting from sale of stock_____v. 22 000 s'ooo $ Procurement Working capital including product of development market following be applied priority if all test of 4 000 items—___ """""" the 6'000 reserve 43 000 """" ; shares sold,. Portion of use 2,000 18^000 Continue market analysis and testing______ I Continue - Will its company will Initial mass production for inventory and sales Advertising and promotion of new oroducts the sold, is- follows: as (4i , the of _$100,000 stock offered proceeds °/ eMPense incident hereto, the to the net will hereunder is followed: be proceeds resulting following items in the percentage of proceeds as follows: initial production, 60%; product development 20%; adver¬ tising, 15%; and market testing, 10%. of CAPITALIZATION fixtures of Common GIVING EFFECT TO PRESENT FINANCING to which approximate the is to the- conditionsfiled as an named aggregate ($10 Authorized nn,.r pai) Outstanding 200,000 shs _— par)_ 91.800 shs. 10,000 shs. asSs\sabTeC-Wei920fp.r(ld916arry "° 'Preemptive riShts 2 200 shs.- and are non- Royal Industries, Inc.—New Orders $29,134. pursuant underwriters (10c Pieferred Royal Plan. [exhibit. to the registration statement) have severally agreed to purchase the of the Net proceeds ' ' Offered— indebtedness. maturities for reserved is i pursuant' proceeds The Stock (7) 750,408 Shs. hereunder, 1961. Capital (6) $150,000." Includes industries. Among the automotive Argentine subsidiaries of many automobile and truck: manufac¬ the be 16 offering circular, this corporation a bank . European (5) and equipment of the restaurant opened in October 1960 and upon the same assets as secure the present obligations of the company to the bank. The amount to be outstanding includes current maturities of ** to presently 80,250 1,500,000 **1.500,000 shs. entered used Rockwell- and (1) 228,723 completion upon agreement Artimsa (2t $152,230 pari by the business of manufacturing and marketing of racks designed to store and dispense, on an automatic basis, and packaged foods, both for household and commercial use. (31 Outstanding indebtedness (10c issued, will conform sold, FINANCING between July 1; 1964—_—$1,500,000 Jan. bank 15, in¬ in company - ^ PRESENT TO between Corp.—Common a proceeds will be used York. New EFFECT will States and 191, p. 744. PROCEEDS—If Including current maturities. t To to "Builders 30 major ar^as leading building whom York, 1, 1964 mortgage due May 13, 1964 and Common § The producer Showcase," a half-hour film television show which each week presents to the prospective home buyer nine different new homes in the viewers' area. The program is now produced in seven cities and by March note mother exchange. the - 1961 This the the shares America New GIVING first mortgage due Aug. second t6 % will stock of Ray-Eye's common stock. Capital licensed company as" Ray-Eye notes Street, Broad York:and New railroad and Artimsa of principal office is that Manhattan Authorized 4% Ray-Eye Productions, Inc.—Financing—Venture Capi-. announced York. CAPITALIZATION *4 Corp. of America New machinery, working capital, tal Street/ Wall Chase will springs, are canned The Bank, 40 Registrar,'Manufacturers Trust The suspension Franceschi and the Rockwell-Standard know-how, the operation will develop into one of Argentina's suspension springs for that country's rapidly automotive to which intends to apply the net proceeds from the agent, agreement United eng.aged being sold by the company to reduce the amount of its payable and accrued expenses' ar.d to augment working which it is using in connection with its expansion program. APPOINTMENTS—Transfer a Argentine the of producers BUSINESS—Roto-Pack accounts The in coil and Argentina.. of the District of Columbia, with its principal offices at 1624 Eye St., Northwest, Washington, District of Columbia. When the company' originally incorporated in January, I960,-it was known as ReddyRack Corp., but pursuant to amended articles of incorporation, effective Aug. 22, 1960, the name of the company was changed to Roto-Pack Restaurant Associates has added1 six'major restau¬ 1959 June, leaf of Aires, publicly offered, without underwriting, 40,000 shares of its 100 par common capital stock at $2.50 per share. Ohrbach's Since Buenos license that proposed Roto-Pack the shops, the Pursuant to Coffee House' at' department store, the coffee shop and snack bar at Newark Airport and three cafeterias in New York City. The company expects to begin Operation of food establishments at LaGuardia Airport in 1961. including is turers.—V. Leone's, sulting services for the John Peel restaurant and the Patio Cafe coffee shop. In addition, the company operates a number of popular-priced restaurants, Rockwell-Standard of production of and near Roosevelt Raceway in' furnishes managerial con¬ motor hotel luxury Restaurant venture , Argentina. in S.A.I.C. customers a Inn, I., - leading Hemisphere nights Island the At the seven Corp.—Argentine Interest— Rockwell, Chairman of the Board, announced' on first investment and participation in a manu- licensed under growing and establish¬ as F. joint backing of Sr. will serve as a private luncheon club' for Club and will be open to the public for" week. The 47th floor of the building is also occupied by the Tower Suite restaurant facilities of the company and will be used for private dining rooms for various business organizations.. dinner A. controlling interest in Artimsa, a long-established producer springs and diesel engines, was acquired by Sr. Felix a prominent Argentine industrialist, with other important interests in Argentina. Plans, restaurant This members M. Standard; call for the building of a new plant, to be equipped with production machinery, in the Buenos Aires area.; With the recently began operation of restaurant facilities known Suite on the 48th floor of the new Time & Life Tower by modern Seasons , underwritten 1958, business Paul Revere and The Newarker at Newark Airport. the shares' additional the of being suspension leading luxury restaurants moderate-priced Brasserie, the The operates both Caesars, such runs Sol, company the Twelve the is Franceschi, and the public Forum offering company's first the clude This was the company. offering of the company's' shares, stock sold quickly at a premium. first issuance from The — Inc., and Joseph Walker & Sons. Willard his 17 ARTIMSA shops and cafeterias. 195,000 shares are 50,000 shares for the coffee proceeds capital funds of the bank. facturing operation wide variety of restaurants ranging and The Forum of the Twelve a to Rockwell-Standard / 2,500 Smith & Co.— . Inc.—Common Stock Offered— popular-priced to Building. systems ' share at the rate of one new held of record on Jan.' 10, a 2,500 Seasons Four sold being as and Corp. ' V . (Suffern, Rockland right to subscribe will expire,pn Feb. 6, 2.961* The added be Schapiro & Co., 2,500 Inc. Inc. Co., offering price was $11 per share. Tavern Radiation Applications Inc., both of New York, have recently established a joint venture company, Radiation/ Materials Inc., to investigate the development of and marked for irradiated insulation products such as polyolefin wire and cable, it was announced Jan. 13 by Leon Alpert and Munroe Pofcher, Presidents of ■ the respective companies. Electronics Zuckennan, „ Co., & & offered, from La below. Materials, Inc., 15,000 & Kidder M. A. underwriting group headed by Shearson, Hammill & ments, V. Inc.—Joint Venture— Granger Kormendi / shares seven UNDERWRITERS 2,500 Co.__ 15,000 2260. p. each PROCEEp.S-j-Net will 5,000 ;—. 15,000 ;___ Johnson & Higgins Wilson, CO.. & , .. Rights Offering to Stock¬ — National Bank capital stock at $20 1961. , & _____________ BUSINESS—Restaurant Radiation Materials Inc.—Formed— .Loral Co McDowell of share for Stewart-Eubanks-Meyerson 32,500 — 2511. p. Rockland — Shares Shares 57,500 with the New County, N. Y.) offered on Jan. 17 to holders of its capital, stock the right to subscribe for 39,126 additional shares purchased by each of them are as follows: • be to Brothers— Mason The Loral shares of : ..:v; v:; ' Emanuel, Deetjen & Co.— The Radiation Applications holders the several underwriters and the respec¬ and addresses of The names tive 1343, p. several the 192, National Bank Rockland agreement, underwriting the In — devices.—V. ductor 3,204,815 offering, be represented by Emanuel, Deetjen & Co., have agreed,, severally, subject to the terms and conditions therein set forth, to purchase from the selling shareholder the respective number of shares of common stock set forth below. \ / / ./. • ' Caesers $21,966 27,583 _—— 390,900 shs. *Short term notes payable are due to the Hanover Bank—$75,000; of which amount $25,000 was borrowed during October 1960; $25,000 due to Seth Harrison, an officer, and $20,000 to a stockholder. stock will pursuant to a Jan. 17 prospectus, 245,000 shares of 100 par value common stock of this New York $95,000 Stockholder——__ and payable for equipment Common completion of this outstanding.- Upon — stock common UNDERWRITERS Co. . . of underwriters, An Outstanding ' to of $972,645. credit CAPITALIZATION shares Corp., Mutual Life Insurance Co. for a consideration of $2 million. The building is the main engineering and production facility for Rheem Semiconductor, which makes transistors, diodes and other semicon¬ England and net income of $1,003,643, including / reported net sales of $4,438,050 v/:/ 100,000-sq.-ft. Rheem Semi¬ a new View, Calif, for its subsidiary, sale and leaseback arrangement Mountain in a at conductor 1960, the company ended Sept. 30, '; ;• has also taken a 20-year lease on company building recording discs. instantaneous of Restaurant Associates, PRESENT FINANCING Authorized •Short line the nine months The Jan. general CAPITALIZATION diversified a EARNINGS—For pay loans due For —V. and —V. to officer and stockholder—45,000 working capital purposes consisting pri¬ marily of prc-production costs and inventory build- '. . w up on defense contracts —_——-— —— 97,250 To and Orleans for delivery during first the tape for home and professional use and specialized industrial instrumentation recording tapes. Reeves Soundcraft also produces incorporatedrmOti was o£ Delaware for the-purpose and by Rheem plants at Houston and New half of 1961. made magnetic proceeds from net and N. Linden, sion, details Quarter¬ $2,800,000 order from the U. S. Army a 55-gallon steel shipping containers, E. F./ Paquette, General Manager of the company's container divi¬ J., announced on Dec. 28. The containers will be for Corps Vice-President a com¬ "/ received Rheem has , , addition Financial shares. of announced. not were 1946, the company carries on its busi¬ Reeves Soundcraft Corp., as an operating unit, and wholly-owned subsidiaries, Bergen-Wire Rope Co. and Co., Inc. The parent company is engaged in the manu¬ distribution of recording media. Principal products are Reevesound the sale of the securities will be used to pay outstanding bank loans due July 31, 1961, incurred for construction purposes, and to provide funds for the company's 1961 constiuction program which, it is estimated, will require cash expenditures of The Milan, Italy. involved an exchange • two by amendment. . , , industrial boxes, barrels, beer drums, steel manufactures T. pany affiliate in The purchase through through Germany. M. T. liquid propane gas cylinders and galvanized metal products, in to water heaters designed by both Rheem and'Rheem Safim, BUSINESS—Incorporated in ness contrib¬ and benefit to West Soundcraft Reeves exercise of the warrants held by the reduction of notes payable. the from Corp. . the 150,000 shares of common stock from a price of $3 per share. 1958, to buy company at ■ purchase further strengthens the company's ability to from the growth of European countries, Particularly in the Common Market area," Mr. Walker said. He noted that Rheem manufacturing and sales affiliates also operate in Italy, Sicily and ute exercised warrants, held since March, of America which 1400 of company, ' "This price of $6,375 per share by a group headed by Rights Offerings— The Offered— Stock "Corp.—Common Soundcraft Reeves appointed registrar for the cumulative preferred stock of the company.— has Bank Manhattan Chase Co.—Appointment— Gas Public Service Electric & The below T R Industries, Inc., of Los Angeles, has received orders in excess 22 WestinBtl°use Electric Corp... for ftomic rlaotor e^ipJ°hnso^, Ro"al President.marmeS' " WSS announ«(i ^an. 17 by foi^ atomic'reat/tors/'johnson sfa'ted'0"1""10" °f C°ntro1 rod actUa'°rS number Continued on page 51 Volume 193 Number 6023 The Commercial and Financial Chronicle . (383) Per Name of Company DIVIDENDS Dividend tables. nounced first table in which all the Then show we in grouped are indicate we during the current week. second a the the two separate dividends we Company Stock Share class A Class A (quar.)__ $5.50 Gas American Water Works, 5 preferred %% American 3 % % Ltd. Class A Class dividend 2-10 1-31 First 40c 3- 1 2-14 4- 3 1 1-20 37 %c ________ 1 4 2- 25c 3- 1 2-15 87 %c 3- 1 Chain American 62 %C (quar.) inc. 3-15 and $2.09 32/100 Israel 3-31 $2.36 1-20 $1.50 3-21 12-31 First 2- 6 1-20 First 1 1-31 Forest 1 1-31 1-31 preferred 1 1-31 62 %c 3- 1 1-31 Fraser 68%c 3- 1 1-31 Frouge (quar.) preferred Arnold stocks $1.08 3/4 the on & preferred Atlantic Coast Atlantic Coast 35c 3-17 S B $1 25c (quar.) Tools Banco de Los of Bank of Bank of 1 % % & 2-28 Aircraft New (stock dividend)—; "45c M. — Bobbie net Brooks, Bourjois, Inc. 2- 2-23 2-17 1 1-25 12 %c ? 2- 40c 1 12-31 2-15 3- 15c 1 Corp. Common 60c 3-10 2-23 4- 1 3-15 1-31 1-23 1-14 National Old 5c (White Plains, 3-15 3- 1 National Starch 25c 2-15 2- 1 5-15 5- 1 National 2- 1 15c 5-15 5- 1 Shoe Co. preferred (quar.) 15c 5-15 5- 1 Nelly Don, Inc. Portland Cement Tire & National Union Rubber Bank Co. Y.) (N. 1-26 5% 1-26 Grolier, 1- Guardian (quar.) 3- 1 1-31 2-10 1-27 Inc. 3-15 2-15 3- 1 2-23 1-30 York (quar.) From investment net $5.50 3-15 / and 25c gains 2-15 5% 3- 1 4- 1 3-17 5- 1 Corp. and Gas 2-28 30c E.) of net & Hamilton 1-17 Honolulu 1 2-15 Hooker 3- 51c Watch 12 %c 2-15 1-31 2-15 2- 1-26 2-21 3- 1 Oil 2- 1 1-16 Ohio Louisiana Central 2-15 70c 3- 1 Foods Hunt 3-15 2- 2-24 , - 1 4.56% in 2- 1 1-20 t25c 2-28 3-20 50c 3-10 3-15 2- $1.06 >/4 preferred from Units 3-29 3- 3-10 1-31 4.50% preferred 10c 2- Industries, 75c 3-15 2-28 22- (quar.) com. 1 2-10 4- 1 2-24 3- 1 2-10 30c 3-10 2-24 15c 2-13 1-30 $1.50 1-31 1-18 $1.14 3- 1 2-15 30c 2-17 1-17 7%c 2-15 1-31 3-13 income in 1960 long-term capital New Hampshire ". gains and • trn* - from 8c net,. 2-15 2- Oil & Refining Erie Inc., 12 %c (quar.) com. 2-28 2-14 3-24 2-14 5% $1.25 2-14 2-28 $1.25 (quar.) (quar.) Mortgage, 2-28 i. Co. (quar.) EJectric Co.— 31 %C 3-31 (quar.) 27%c 2-15 4.50% preferred preferred (quar.) 28 %c 2-15 1-27 (quar.) 30c 2-15 1-27 31 Vac 2-15 1-27 4.80% 5% preferred 5% 1st 5% 1st 5V2% (quar.) preferred (quar.) preferred A (quar.) preferred 4- 3 3-15 4- 3 3-15 3- 1 capital cents 67 International 2-15 2-28 1-31 25 %c Interstate Investment 1 7%. Harvester, pfd. Investors Trust of Mutual 1 2- 3- 1 2-15 5c 3- 1 2-10 2y8 1-31 $2 2- 1 (Rhode Island) 2- 1 1-18 3 (quar.) oreferred 75c 3- preferred 4% preferred series) (1947 Chicago Pneumatic Tool Cincinnati Enquirer, Increased (quar.) Inc. City Trust Co. Colonial Corp. 1-31 3-29 3- 3-31 Conn.) 2- $2.50 $2.50 3-15 KVP Douglas, 2- 1 1-16 Class 15c 3-10 1-31 Ketchum 5% 3-10 1-31 Keystone $1.06'/4 America 2-15 2- (qrar.) preferred A 25c & from Steel Glass, Ltd.. Continental Can Co., preferred $3.75 lauar.) Corp. 60c 2-15 35c 2- 1-20 Kings County 2-22 2- 2-28 1-31 ____. (quar.) common 3-10 Keystone __r. 25c (quar.) Steel Continental (White Plains, N. dividend—.—,\—_— Stock Crowley Milner & Co. 1 2-15 1st 2-21 6% 3-15 7% 2nd 7% Di 3-15 3- 2-17 Krueger 1-27 1 Tar : Common pref. $1 Douglas 1-26 Laura 3-21 3- Lawson 3 this Dubois (increased) New 2-15 1-27 av2c taken 2-25 2- t20c 5- 1 4- 1 4- 1 3- 1 Portland Gold 1st plus payment 10c (quar.)— 3-31 3-17 Liggett - 25c Banking Co. _•___ (Bangor, 3-10 Lilly 2-20 Me.V , —__— *2- $2 1 & Electrographic Corp. Units 10c 1 1-23 2-20 3- (quar.)_ 1- Empire Trust Co_ (N. Y.) 2-15 t25C 2-15 1 .2-10 V, 25c _L_ — (stock dividend) 3-15 3-15 c - $2.71 4% 3- ; - 1-27 1-13 2-10 1-20 Corp. Ltd. Gas (quar.i- A -■ Service from dividend of 9 1 3-15 Natural Gas, convertible $5.50 r Pope & Talbot, common Myers Glass preferred Star & Co. (quar.) Co. of (quar.) after preferred (quar.) Supermarkets, 17 %c 3- 1 2-15 4- 3 3-15 consisting of 4- 3 3-15 during 30c 3- 1 2-10 t3c 3-15 2-28 2-15 Partic. class A Gas Service- Financial Rassco - Inc._! —— ; , A the 1-31 2-15 1-31 2-15 1-27 84c 2-15 1-27 $1.12% 2-15 1-27 3- 1 2- 2- 1 1-23 2- 1 1-23 1-31 1-16 1 12 %c 3 2-15 1-25 60c 1-13 3-10 2-21 1 2-17 3- $1.25 50c 3-10 " " 2-17 ... 25c , . « 3r20 3- 3 3-15 3- 3 '* $1.21 ~ 2-15 17c plus 1961 Dec. the year Chemicals Republic 31, 1960 Industrial ——r 5, B • 10 & 1-31 2-20 1-30 3 25c Stores, com. Cola Bank (quar.) 1 1-23 3- 1 2-13 2-20 2-10 20c 2- 1 1-20 20c (Boston) 2- 1 $55c 3- 1 1-31 4- 1 3-15 ! — Y.:> "(stock 6% 2- 1 1-23 2-1 1-20 , — (quar.)—__ 1 (N. 2- 10c 25c — Bank (quar.)__ State 2-13 20c (quar.) National Royal Bank of Canada iincreased-quar. X Royal 1-27 2- 2% (increased-quar.) Transit Crown 1-27 2-15 2-15 5c Corp. (stock dividend)- Quarterly Class 2-15 15c —.— 50C Gas Rockland-Atlas Rose's 20c 15c (quar.) (quar.) Reserve Oil & Gas 1960, final $4 pay¬ to stockholders of the (quar.)— Corp. Rochester 1.-31 < for interim dividend paid $4 1, of as Corp. 5c (quar.) - $8 of a year Feb. on record Roanoke ________ dividend cash able Corp.— Republic 11c , _ 2-15 $15c !_ — (quar.) 1-24 in¬ - 2- H5c — Participating dividend Reichhold t35c (quar.>__—— 4-14 2-15 Quinte Milk Products, Ltd.—• 1-11 cents 2-for-l,split, (initial quar.) 1-13 4-17 5c Hampshire— (quar.) Royal preferred 3-17 1-16 26C New — preferred Pueblo 2-22 3-31 45c 7%c (quar.) 4.50% , 3-15 $1.37% 25c — 3.35% 1-25 Gas— com. 2-10 45C (quar.) (quar.) +$1 Co.._(quar.) 1 1-16 (quar.)—,i_.—_— Tobacco 2-10 3- 12 %c (quar.) (quar.)______ (quar.) Bank common $1 — 2-10 1 of preferred National Quarterly Rubber 6% subject to approval April 17). on 1-16 ■■ net 1 3- 1-31 split 4-15 17c 2 2-10 3- $1.02 2-10 stock 1-27 .—; from 1 $1.17% ! 3- 92 y2c ; 2-17 $1.10 ; 1 2-10 1 _ gains of 2-17 3- 6 1 — cents 3-15 15c 58 %C 1 1 — capital 2-15 1 2- — (quar.) 1 2- Rayonier Ltd.— 2-15 3- 3- i$ 1 (s-a)_—.___ 1 3- 5- — Cement Mines, 1-31 3- 75c 4- — + 2-17 30c $1.15 10c — 2-23 7 %c $1.12% $1.75 (quar,)_ A (annual)^__ 3-10 50c (quar.) (quar.) : $1,75 - class 3-15 1-27 $1.50 ___— — 1 1-31 27 %c Income Trust-*- (Eli) 4.84%. 1-25 J37%c Paper, Ltd: (quar.) A -(.quaiv)___:L____— Trusts 2- 4- $1 (quar.) Piedmont 9 * . Class Elfun 2-10 55c (quar.) Shops preference a Louisiana i 3-10 at -New Quarterly 50c 1-13 2-28 (quar.) Corp. Common — — 3-15 preferred F stockholders 1-31 ________ (quar.) vestment- income (increased quar.)_. Eastern.Trust & 2-15 (initial) (quar.) Ltd., Libby-Owens-Ford common (quar.) . (annual) Distribution time Chemicals,. Inc. 2- 12c J.)___, Candy Jones, Lexington Lone Eddy (N. & Lexington ^ dividend 2-24 - Co. A.) Levy Industries, 1 J25c .____ on 2-10 - ___________— „ 2-28 1-13 2-10 45c preferred G (5-for-l 2-20 3-10 2-10 3 4.60% Public Service com. common Trust 1-30 7% Bradstreet— Dun & 2-15 15c ineome_________. (quar.)___ 10-18 income Fund B Lehigh Leitch 12c Chemical,.Ltd.— Aircraft Co.— action No & Trust,: new Secord 1-31 40c Fund— investment r.et From Dominion 10-18 1 1-13 4.50% Petrolite (series K-l) Co. (quar.) com. Randall Graphite Bearings, Inc. Fund— Investment 1 11- t6V4c (quar.)—— A Line, (quar.) Plymouth investment preferred (W. Lakewood 7 %c (quar.)—.— (Quarterly from net investment income) Giorgio Fruit (quar.)__________— Diversified 11- 35c preferred (quar.) preferred (quar.) 2nd 1 Class Income 7-18 — . Delaware 1 15c Wire Kroger Company, 2- 5% Y.i 8- 4.70% 7-18 Funds— net & Knickerbocker 7 40c (quar.) Trust County 4- 15c Corp. 1 3-15 93 %c (quar.) Continental Investment 1-. (quar.) Custodian Quarterly 1 120c (quar.) Dearborn Consolidated Consumers Co. 8- —' Co Paper Keystone Income Fund (quar.) Carbon — Ltd.— participating Co. 35c Columbian (quar.) Sutherland Kelly — 2% of 4-17 1-31 2-10 1-27 $1.10 preferred B (quar.) preferred C (quar.) preferred D (quar.) preferred E (quar.) 4.05% 4-17 37 %C ' (quar.) preferred 4.40% Pittsfleld Pictures .Corp.— Columbia preferred 1 1-18 1 1 — 1-23 3-31 1 5- 37 %c (quar.) Extra 1 1 25- 25c 25c preferred Extra 3-10 < 65c (quar.) (Bridgeport, $2.50 1-26 $1.40 dividend Stock 1-26 40c (quar.) dividend Stock 1-26 $1 _ 25c 37 %c Extra 2-15 1-31 30c (quar.)__ semi-annually) City Products Corp. $4.25 (quar.) 1-31 $1 (quar.) (1946 series) 1 10c conv 4% 2-15 $12.50 Fruit Co., common (quar.) 4.68% convertible preferred (quar.) Pennsylvania Electric Co.— 3.70% .—,_. 2- 75c Penn — .' preferred Co. 1-27 2-17 5c 1-9 37 %C i 9c Canada Common $2.50 3- 15c Brewing 2-15 7%c 1-27 $1.75 (quar.)__ 2-28 System______:—_________ Corp. (Florida) (initial s-a» Investors Co.— $2.13 — Chemical Pearl payment a 1-27 1-27 2-15 20c (quar.) Pictures Park plus gains 25c $3 preferred 2-15 2-15 37 %c - Panhandle Eastern Pipe 4% 31 Vac 34 %c preferred (quar.) Vegetable Oil (increased) Pall Corporation, class A (quar.) Pallas Corp. Optional Extra 1-27 31VaC ______ _L (quar.) Pacific 2-14 +50c (increased) com. Holdings Corp.— from of 1 $1.12% (quar.) ;, preferred Paramount 6 25c — 5 3 3- (quar.) income) Gas 6 J20c & $1.46 1 2-16 , 5 50c 6% —- series A preferred International 1 2-15 • ; ) Champlin 2-15 5c 25c L. 2- 1- 4.36% 1-31 holders) series B preferred 1-19 (quar.1—_ (quar.) 2-17 1- 40c Chemical,'class A_. Pacific 2-27 2-20 (quar.) Extra 2-28 5c 3-10 .* (quar.) capital Coast 6 21c : (quar.) 5% 2-28 3-15 3-31 Co.— Pacific 2-23 2-24 2-20 125c class A 1 J50c , investment 2-24 30c (quar.i 5% 1-27 (quar.) 2- (quar.) 1960)_ of 1 (quar.) . William! Street Fund, Inc.— Oxford 12-31 25c Trust & 1-16 3-15 $1.25 — (quar.) common Dividend Stock 2-15 45 c 132 %c Electric, 2-10 1 2- 25c (quar.i Coal Railroad Edison One 6 1-10 1 25c (s-a) — Company Beneficial (For 2- $1 (Newburgh) Corp., preferred Gas 20c (quar.) common Corp Hugoton Production 2-15 3- 25c (quar.) Chemical Hugoton 1 Co., preferred Hubinger 2-24 t72%C Co. 3-10 3- 25c 18c taxable realized ' 12c . — (quar.)_ Highland National Bank 15c Inc. 2-10 3-31 (quar.) Brake American (22c (quar.) 1-10 $4.25 income (quar.) Products, 3-17 2-25 4 1-31 61c (quar.) <L. Carpenter 3-15 1 15c Quarterly 4-14 3-15 — • 1-23 55c 1 Carter 3-15 3 4- 2-15 35c 37 %c (increased) income (Dallas) 1-17 $1,121/2 — Class B Carlisle 3 4- 20c Niagara Share Corp.— (5c from net investment Fund— 2-10 125c preferred 4- (quar.) Air Northern (quar.)_____ Mutual Gulf Insurance Huron $1.30 3-10 ; 1-27 4% (quar.)—__ pfd. Canadian General Securities, 1 (s-a) York Central & St. Louis RR. Newfoundland Light & Power, Ltd. * 6 2-10 15c common 4- (quar.) (Mass.) Corporation North (stock dividend) Company, common preferred (quar.) conv. 1 • . (Springfield, 111.)— Class A (increased annual)——_— 1 25% (inert Ltd., 3 4-15 10c New 6 2-24 15c f.- 6 2- 3-15 $2 — Underwriters New 2- 4- 22 %c (quar.) 1-12 2-15 2-15 20c (quar. Life American 2-13 1. 5c 2%c (quar.)_ Great Western Financial 1 10 %c (quar.) — 1 quar.) (quar.)_. Cement, 3 2- 75c conv. Hagerstown ) Canada 2- 1 62 %c (quar.) Chemical & ' (quar.) Co. 1 1 5- Co. . Brown 33- Ark.) — Trust Nautec (Optional) 4-20 15c (quar.)_ Extra Tea 1 H5c Machines (s-a) Naumkeag 1-20 5- 1— dividend 2-15 1 2% 25c 15c 2- H5c Class BB (s-a)__ National Screw & Mfg. Rock, AA Stock (Canada Insurance 2-15 (Little Class 25c com. ' _ 10c Line 3-10 — _ $20c 1-16 —_______ 1 1-14 15c (quar.) 2-21 — 2- 1 62 %c (quar.)___ preferred 1-27 (quar.) 2- : (quar.) Chemical 2-28 : 2-15 15c Drug & 17 %C (quar.)____ (Boston) 1 15c 9c class A 4-15 3 (quar.)_ common (quar.) 43c Trust 1-27 1-13 - 2-16 (quar.) National Electric Welding National Grocers, • Ltd. (quar.) Griesedieck 15c (Mass.) Co., preferred Aeronautical Y.) National 1-31 Banking for +; 2- 2- 15c Quarterly - 2-10 2-15 17 %c 1-31 1-25 (quar.) 2 2-15 $1.04 National Bank of Westchester N. dividend) com. 1 5- 1-19 2- prior 1 2- (quar.) preferred Co. 1-10 HOC $2.90 8 2- 2- profits) Inc. 2- preferred Morgan Engineering National : 1 2- 75c 5% 2-15 Great 3 10c investment security $3 participating preference (quar.)______ Moore-Handley Hardware, common 1-25' Corp.— quar.) 1-10 2- +45c Inc., 4%% Mutual Fund— Ridge from 1-20 1 (quar.)___ (initial 1-27 30c (quar.) 1 a. Bigelow-Sanford (10c from 1-26 Corp.— Beverly National Bank (Bait.) 2- 15c 50c (quar.) J.) (increased s-a) (quar.) (initial Insurance 2- held! Tile & 1-20 — common shares 2-10 Moody's Investors Service— 30c Essex & 1-20 18c (quar.) 1-20 2% (quar.) 2- 1 40c quar.) System 1 $2.50 (quar.) 1-20 1 2- (Schenectady, N. Y.) (initial Life (quar:)__ 25c N. Bank 1 3- 40c (quar.) 2- 5c 2- (Morristown, N. J.) preferred 1 1-23 40c Monumental 5% Mortgage 1-20 10% _ __ Bensonhurst National Bank (Brooklyn, N. Y.) Stock dividend Blue 8 Savings Barry Beech & 1-31 15c (quar.) Cement Marking preferred Grace 2- 50c Trust (Newark, Monarch 2- action no (annual) Gas National conv. Grand Wright Corp Bayless (A J.) Markets 30 Goodyear 10c split) Commerce 1-20 (Greenfield, Extra 20c Extra., r;—w 1 — : Newark preferred ■' Bank .o.f Jamestown, N. Y. Bank'of Montreal (guar.) Bank Georgia-Bonded Fibres, _L_ (quar.) Babylon (2-for-l J.) 1 General Investors (quar.)_ dividend). National N. 2- 1-20 1 5c Corp. common 60c (quar.), America New Y. 60c-preferred—(quar,H_ Andes— (San Francisco) (N. Bankshares preferred 60c (quar.) shares American Bank (stock Company Oil Mohawk 9 60c Mills, common (quar. preferred (quar.) F Bank Bond Corp, Giant Baker 9 1- took 2-24 1-30 3- 15c ' : < Co. 1- 3-15 :|:25c __ 25c Trust & Acceptance Corp., preferred (quar.) $1 $1.25 RR. 1 1 (quar.) Quarterly' 80c ___. City of Brick Gas Service Avondale $4.50 22- 1-16 2-24 15c (quar.) (quar.) Portland " 3 3-15 payment at this timer Co. Mining Missouri — 2- 90c (quar.) Mines : Natural Y.)— N. 2% 90C (company Missouri / 1-20 1-31 1 time). (Conn.) Line 1 4- each pfd. conv. common (quar.) Line Y.) Co. $1.25 General and this at N. Orange, quar.) share One Co.— Refining, (quar.) ""'-$5 preferred 3- 35c (quar.) com. omitted Oil $1.50 (quar.) Aluminum Altex Payments Ashland (quar.) Co. Falls, Franklin 1 Rubber 2- (Glens comptroller Trust Co Co. dividend on $2.50 Company (increased) City Enterprises (quar.) Capital Corp. (stock 3- 3- 3- $4.35 8 (s-a)_ dividend 30c 3- Armstrong 3- 2- Mineral dividend 27 %c 59c B 3-20 Mfg. Meyercord (West 1 participating 60c preferred Menasco 1 the 25c Wisconsin (quar.)l__ preferred 8 1-23 Bank Security A $2.75 3- stock Frank & 1-23 Foxboro — (quar.) $2.50 3-20 lc (quar.) First National Iron preferred $2.40 Meier 1 Bank National 5% 30C co. 8 75c - _ (Increased : preferred Stock First Corp.— Common 2- 60c National Stock Increased-annually $1.10 3 j : Service 2-20 ' (quar.) of (stock dividend) Candles Porcupine 2-15 (Waterloo, semi-annually Mass.) (Waco, Texas) Annual Public Mclntyre * $2.8182 Ampal-American 3- McFarlane's 8 '■ York) Participating 1-19 2- 8.7% each Extra First 1-19 1-27 held)_ Semi-annual 3 New 2-20 23 for Bank National 2-15 European Securities— Cable First (Buffalo, lc lc 10% approval Marine Bancorporation— Initial stock (quar.) lc Bank National Increased 2-15 3- 1-27 to Holder$ Payable of Rec. Detroit— of the lc 60c 2-15 3- (quar.) common Amicable Life Insurance 1 2-10 lc . Quarterly First 1 tl5c . Inc., invest, 3- 2- 34 %c ___. (quar.) & 2-15 25c 2-17 3-28 Bank currency. Manufacturers & Traders 1-31 3-10 5c 3-17 2- 20c National 1 of When Share National dividend Subject (Cortland, N. Y.) First National Bank 1; 3- 1 35c ; shs. (2 3- Stock 2-14 ___ ;. (monthly) Fidelity Union Trust (Newark, N. J.) 2-10 2-28 (.increased) common American Arizona 1 Manufacturers 1-20 3- B f 17c • (quar.) Airlines, from 8 $1.37% $1.37Vu (quar.) preferred (72 V4c 2- ____ (quar.)_ (quar.) preferred ■ B ;__ (quar.) Aluminium, Class 6 2-28 30c (monthlf) (monthly) (monthly) 2-10 2-25 2- 3-15 l__ ; Per Name of Company 1-20 ' (monthly) (monthly) A 2-22 ____ (quar.) Foods A B Class Stock (quar.) Corp., common preferred A Corp. of 2-25 5% _ Alterman 6% Class (s-a) Delaware- Class Construction— Agnew-Surpass Shoe Stores Alabama Federated 6 25c Resources Corp. 5c . ._ & Federal of Rec. 2- '15c (quar. ) Compress & Warehouse (quar.)__ Federal-Mogul-Bower Bearings (quar.)_ Holderi Payable Corp. (quar.). 5c dividend Missiles Acme When Corp. Holder« Payable of Rec. 6c Federal follow with Per Aberdeen Petroleum Corp., Acme Industries (quar.) (quar.)... Caster Fedders payments When Share 4c Faultless an¬ previ¬ ously announced, but which have not yet reached their payment date. Name of Bros. Extra announcements In Farmer 11 dividend) Royal Trust Cov (MontreaD.dncreasedL-quar.) 40c - 20c 2- 40c 1-20 1 3-24 1-20 1-25 ' Louisville ► Maiden & Nashville RR. Trust Co. (Mass.) (reduced-quar.) (s-a) - __\ 75c 40c . "" 3-13 2- 1 -■ 2- 1 1-25 35c 2- 1 1-25 15c 2- 1 1-25 St. Joseph Light & Power (quar.),.-—Li— Salada-Shirriff-Horsey, Ltd. — Industries Inc., (s-a stock 3 tec (quar.)_— Extra Scientific 3. div;)^_ 3-15 2-22 t3c 3-15 2-22 5% 3-16 ' 2-15 12 The Commercial and Financial Chronicle (384) $3.40 preferred preferred $4.00 Scott Sealed Power (quar.) Corp. (quar.) $2 preferred preferred — preferred 2- 5% 2- 3- 2- 6 :. Book 4.75% preferred Oil Co. 3- 32c net From Cable Can American Cement $1.25 2-15 American 92 Vic 5- 1 4-20 American 5- 1 $1.03 3 4 5- 1 4-20 American Furniture 5- 1 4-20 American $1.10 5- 1 4-20 Class New Co. class 5- 1 4-20 $1.15 5- 1 4-20 American $1.1834 5- 1 4-20 $1.405/8 5- 1 4-20 27 V4C 5- 1 4-20 (quar.) _ —— 5V $20c 4-10 Class Taft B 2-28 (Common Thalhimer Co., Thompson Thompson 4% Fund R?mo preferred Thrift preferred Stock Class 20c and 2-10 American Transit 1 American Viscose $0.00 !i 2-15 2- 1 Amoskeag Co., Clayton (irom 2- 1-31 3-15 35c Finance Class Union B 1 2-28 Chemical du 5Va% United U. Electric 4y2% S. U. Corp. class A Value Line Value Line N. A Walker Warner (increased 3- 1 2-10 Argo Oil Corp. 4-11 3-10 Argus 1-16 12-31 4• •-V- 4- 4-it: *8-15 Artesian 3-15 4- 1 7- 1 6-15 % 10- 1 9-15 1-1-62 3-15 3-30 Insurance RR. Stockholders 3-10 6-30 6- 9 6-30 6- 4% class 1-31 12-20 Canadian 2- 1 1-18 Canadian 7- 3 6-26 Canadian 1-26 1-13 Carolina Power 3% 2- 1 1-31 Cascade Natural 730c 3- 1 2-10 Cassiar-Asbestos 2- 1 2- 1 1-10 1-25 12-21 (quar.) A 9 3-10 125c 7% to for a Atlas Below we 3-10 3- 3 2-10 7- 1 6- 9 3-15 3- 1 25c 12 V2C 2-10 7 Vic (stock give announced Abrams Acme not pfd. 2-16 Champlin 2- 1 12-30 3- 2-16 4Vi% 12 2- Vic - Baldwin 1 2-15 2- this 4- 1 3- 3 2-25 2- 8 32c 1 1-21 3- 2- 1 Algoma Nova 36c 3- 1 2- 2- 1 Basic 1 1-31 25c ; 2- 2-15 1 Bathurst Class Baystate 1 Beam Corp. 4- 12% 2-10 6 i " 25c (quar.) 2-15 2-3 2-15 1.12% 2oc 2- 3- 71/-.C . Bell ' 3 __ Products 1-31 3- 3-15 3- 4-10 2-21 1-31 announced 3 Bloch (ousr./ in Mfg. Central & Bros. pref. given in When Holdert Payable of Rec. 2-10 15c 1-25 1-13 2- 4 2- 1 1-20 Chicago, 1-28 1-13 2-20 1-27 1-27 1- 1-31 6 1-16 - 1-20 1-20 1-21 2- 1 3-24 2* 2-15' 1-18 Railway— * 3- 75c 3-1 1 . 2-15 2-15 Traction, 4- 2- 3 4- 1 1 2- 1 3- 10c 1 1 3-23 3-10 v 1-16 12-31 2-17 1-27 1- 3- 1 2-17 $1.183/4 3- 1 2-17 50c 2- 1 1-13 1-31 1-13 6 —50c «: 2-15 1-25 21c 1-25 12-30 30c 2-15 1-31 3-31 3-18 common (quar.)„! 15c shs. (quar.) 2- 1 1-13 It 3-13 75c 1 1-10 2- $1.06 •2- $1.19 „ 1 1-10 1 1-1G 22c dividend-.—__ 1-27 Cincinnati 4% Gas 4- 1 3- 2- 1 3. 12-16 t25c .. • , 2-15 1-12 British ordinary income tax payment and will 2-1 1-6 10% 3-3 12-30 (final) expenses amount to for Trust Co. (Phila.) (subject to 1-14 35c 2- 1 1-19 2- 1 1-19 2- 1 2- 1 41c gains). $1.75 ap¬ (quar.) approval stockholders at the annual meeting) Electric, 1 . 10c - : " . 2-23 com. 1st National Bank & 1-19 1- 3 1-27 /ajl0mobi.16 2- • •" •Wl-20 1 22- r 1 25c '1-20 1 1-10 62Vie 2-15 3-20 3- 87VaC 2- 1- 6 5-1 4- 7 $1.50 3-31 3-14 37 VaC — 2-15 $1 ' — (quar.) 2-15 1-13 1-13 2- • 1 7 3 1 3-15 60c ' 3- 1 3-15 2-15 $2 2- 1 1-20 $1.25 3- 1 2-15 — Trust $1.25 6- 1 5-15 $1.25 9- 1 8-15 1-16 Co. semi-annual)__ $1.70 2- 1 12 Vic 2- 7 1-16 75c 2- 1 1-20 15c 2-15 1-20 15c 1-28 1-12 $5.60 1-31 1-20 $1.25 1-31 1-20 45c 2-15 (Chicago)— _____ (reduced)— Shareholders have option for each 100 : of receiving shares one held. Cletrac Corp.. Cleveland, Cincinnati, Railway, 5% Chicago St. & Louis (s-a) common preferred (quar.) Electric ■ Illuminating, (quar.) com. $4.50 preferred (quar.) C'eveland & Pittsburgh RR.— 4% 1-20 $1.12 Va 4- 1 3- 6 special guaranteed (quar.) 50c 3- 1 2-10 regular guaranteed (quar.) 87 Vac 3- 1 2-10 Chemical (initial) 1-31 1-23 7% Click Stock ; 5c dividend 5% Colgate-Palmolive $3.50 Co., preferred 7% non-cum. 1-31 30c 2-15 1-23 87 Vac 3-31 3-15 7$1 1-31 ,1-10 (quar.) common (quar.) Colllngwood Terminals, Ltd., common preferred 5% pfd. (1947 Colonial Fund— & 1956 series) (quar.) Gas. (stock 4.65% Commercial 27 Ohio Trust Co. 4.64%f preferred 1-17 1-20 1-30 12-30 ■ 1 2-15 2- 2- 1 1-16 2- 1 2- $1.16 A 1-16 2-10 20c I (quar.) , 21/2 for common 1 1-16 1 3-1 3- 1. 2-10 $1.50 a 1 %2"15 $1.06 (Jersey City, Edison, 1-17 Electric— class Stockholders approve 1-13 1 Va'% $1.06 V» (Initial-quar.) Commonwealth 2- 1 Vac 2 (quar. Paper, 1 2- 311/4 c (quar.) Locks B (quar.) (quar.) (quar.)____ preferred preferred Class preferred Inc. (quar.)L__ Southern preferred Combined 1-20 Corp.— dividend) preferred & $1.25 System, Pictures 4.25% 6% & Gas Common $4.25 TH <N 2- Rc Oil Columbus 2-14 10c Monthly Columbia 1-10 2-28 $1.25 investment income) Colorado Central Power Co.— Colorado 1-31 12c (accum.y_ class A (From Columbia 1-23 7$1 Colonial Acceptance Corp., Colonial Finance—: N. J.) stk. - 25c ' — 2- 1 1-17 ~50c 2- 1 12-27 $1.16 2- 1 12-27 $1.31 i/4 2- 1 12-27 1-25 12-28 split (quar.) I (quar.) 5.25% preferred (quar.) ; Commonwealth Investment Co. (optional) Commonwealth Life Insurance ~ — 20c (Louisville, Ky.) (increased quar.) Commonwealth Stock Fund— r(From investment Concord Fund, Concord Stock 6c income) National, Ltd. dividend stockholders $2.04 $2.20 preferred preferred preferred 2-15 1-12 1-30 1-11 2-15 2- 1 $1.12 Va —— 1-25 35c (quar.) (quar.) Life 2-15 2- 1 720c 2- 1 1-16 .3-15 Insurance— (Subject in 1 7c Gas, common preferred (quar.)__. General 3- 10c Inc.__ Natural Conduits $2.05 of 5% 1-14 2-15 - 6% quar.) to approval of March) 100% Connecticut Light & Power, $1.90 pfd. $2 preferred (quar.) proximately $0,038 per depositary share).' deposit receipts ordinary (final) dividend 1 Cincinnati, New Orleans & Texas Pacific Ry. 5% preferred (quar.) 5% preferred (quar.) : 5% preferred (quar.) Connecticut . f 12 Vic Ltd., 2- (s-a)____—LI preferred 5 V2 % Ltd.— Ltd.— & 1-13 31c 4% • Power, 6 1- 2- !— & 12-20 4- (quar.), Light 3 50c . stock 6 2- 87Vic —— . 3- 10c American (resumed) Street 12-31 1 •2- 2Vi% Co Co., Oxygen, Stock .3- 20c American Broad 25c 8-18 1 1-16 12Vic (quar.)_. (Milton) depositary, 3 2- 5-19 1-31 ;—— j Columbia Forest Products, (Less -9-18 tl7Vic Quarterly 7 3- (quar.) common Sons Brazilian 8-18 6-19 1-16 (quar.) & J.) 5-19 9-18 1% (quar.) (quar.) Products Bradley British 1-16 2-28 Co., preferred (E. 6-19 3-20— —-2-17 75c preferred Bowman 2-17 1-17 (quar.) 4.25 % 3-20 t25c (quar.)_— 4.78% a 1-10 1-12 $1.06V4 preferred (quar.) E'dison 1-31 : 1-26 1-20 Corp. Boston $1.05 Burlington & Quincy RR Quarterly City Stores 3-23 Mining, 1-19 1 87 Vac 1-13 1-21 common 1-10 1 2- : 1-28 1 ——— Tobacco, 1 2- $1 (quar.) City National Bank & Trust Co. 3 A 2- 50c common (Ridgewood, N. J.) (incr. City Investing Co. (quar.) 4- class 25c 30c 1-13 1-31 ? Co., 1-12 (quar.) 1-13 2- (quar.)_ 1-31 1-12 . (quar.) (increased 1-13 37Vic — Bank 1-28 28Vic (quar.)— pfd 1-31 ' (quar.)__ (quar.) 1-28 (quar.)—7Vic 7% 1-31 (quar.).,. 1-28.4• Ltd.— common Gold British 1-18 2-15 3% _ 1 1-27 (quar.) Common 1-16 18c 15c Bay 2- 1-31 (quar.) Borg-Warner Corp., common (quar.) the 2-25 6V4% pfd. A (quar.)' 7$1.56V4 Hudson :Common (quar.) '6V. preferred (quar.)aa 3 5c —: Furniture Cascade 3Vi% 25c 12Vic (quar.)__ 3 1- 30c (quar.) Blyvooruitzicht previous 15c dividend)—. 1- 1 7Vic —% (quar.) Boise The list does not include divi¬ (quar.)___ 1 2- t50c Works Corp. Biederman's 6% being Iron Best & Company 3-15 2% Co., preferred Belmont 3 10% _E~_ 2- 9 $1 * (quar.) —I 4 5% Cincinnati Inter-Terminal RR.— $55c dividend Beneficial $1.12 Vi Share Gas Trunk Line. (quar.) (quar.) preferred 4%% 1-12 3-20 41/4 % 1-23 1-31 2-15 62 Vic — 2-lo 17c 37c _ Fund_ s-a)_ 1- 6 $1 (quar.) Ltd. Co. Howell & Stock 2-20 1 iqc (stock Mfg. Brach (initial preferred Belding-CorticellirLtd.. depositary. Corp. (quar.) Industries (initial) Brass Lumber, Behlen 6 1- - 1-20 (quar.)___^ Trust 5 $1 (quar.) (increased) Distilling Co. dividend Beaver . B.) Estate Refining 1- 2-21 20c (quar.) preferred Paper, 1- (quar.) 20c (quar.)_. (J. ner income & 6 1-31 dividend) preferred 15c — Power A (stock conv. 1-31 (reduced)— A 1- 37 Vac 3V'2% 1-31 (quar.) preferred 1-20 1-31 27 Vac 5 $1.12Vi (quar.) (quar.)___ convertible 2-10 683/4C capital 1- 15c common 12-30 2-10 30c (quar.) 2- 10c 35c Co Candy Products, 4*i% 1-19 3- Mfg. Barton's 1-26 25c —____ preferred 3-15 20c Scotia 12-30 - 35c Chesapeake Corp. (Va.) Chesapeake & Ohio Ry. share : non-cumulative of 1-26 (quar.) pfd. conv. $1.12 Vi preferred 1-20 710c (Cleveland) 3V'2% income' coramoiL—e— common > non-cumulative 1 730c Per Inc. from Corp. (reduced) 4% 1-31 1-28 13c —— these . (reduced) Barcalo 3- 8c ___ Company R.) Air Products Alberta RR non-cumulative Bank Inc.— Co Control Akron Ohio & 4% 1-28 35c week, — series) 1 dividend)—. 5 .. 6 2- 25c 1- 1 5 — 133/4c 2oc common Corp. Manhattan 11- 1 (quar.) 2-.1?- 17Vic (quar.) 4% Trust- Adams-Millis Adirondack Air Rubber Baltimore 1 2-20 40c __ dividends 2-20 Chase 1-17 2- (quar.) & 1-16 37c Corp., $1.40 pref. A (quar.) Real 1 — (quar.) Oil 1-10 75c 2-. 1 37'/2c 15c 15c 12Vic gains) (1947 Common " 62 Vic dividend) the 1 30c (quar ) preferred 12-30 2- 50c Citizens Companyr Baldwin-Lima-Hamilton 1-27 2-15 25c (quar.) 2- ' 17 Vic capital Ayres (L. S. L & 4 Vi % preferred Store Cnain - (6c B Pasco 1-13 _ (quar.) from 4c de 1-27 (quar.) "B" Cerro 1 - \ Fund 1-31 c 78c . preferred 4c (quar.) and $1.50 933/4c 50c v (quar.) Corp. 12-30 (quar.) Century Shares Trust (from Soya Co. (quar.) 1 4- (quar.) preferred B 6% 1-10 1-31 730c — Central $4.50 (quar.) preferred A Avco 1 125c ' 1 (quar.) common Gas, Securities 3- income) Co.— 4.20% 2- 12-31 2- ; $1.05 Ltd. Light, 4% preferred (quar.) 25c (quar.) A Axe-Houghton 1-27 14c _ (A. (final) (initial-quar.) pfd. Bank pref. 1 2-28 1 791.25 (increased) com. & $1.40 2- 12-31 1 2- Extra (quar.) B Power 1-20 9 1 4- 793% preferred 2- '(quar ) preferred 6% 1-31 25c —_ bint $.007 yet paid. Vending Corp. Steel $2.75 1 1-20 2- 737 Vac 742'/a C (quar.) (quar.) & 3- 2- 12-31 Ltd (quar.) Service (stock Central $1.183/4 preference $1.50 preceding table. ABC Electric Cleveland dividend)_. (stock dends Name of Charge preferred 30c — Banking Corp.— Class 1-27 2-12 v 14C —— Light and ' Central 3-24 1-13 1 2-28 common 2-10 433/4c > 13c (quar.)—_ — 3.75% & prior Common 2-24 22 Vic (quar.)__,-_ common Industries weeks , 1-11 Corp., 3-14 62VaC (quar.) Ltd. Nichols $1.20 1-31 V (quar.)———a————a——— preferred (quar.) cf.__; Stores, Inc. (quar.____ Co. 5% 1-25 .—4% 1 2- , 1-20 — 3 2- 775c —: 30c (increased-quar.) 3- (s-a) Corp., 30c : 1 2-15 Gas, Central National ______ 3 3 4- 720c Light, preferred 1 1-16 3 3- 3- 745c (quar.) common Fund, Ry. & 2- 125c Steels, Automobile 1-31 2-15 50c B Water Pacific Celotex 1 3- (quar.) Ltd. 1-20 2- ■_>.— preferred investment Austin, 4 9 2-15 — British Worthington Corp., common 4'/a% preferred (quar.)_. York Oil, Caterpillar Tractor, 4.20% 1 $1.50 (quar.) Investment Extra 4- 725c Ltd. Ltd., preferred 1 7$1.37Va Refining Co. (quar.) Physics & Science Fund— Stock Raceway 2-10 1 1 (quar.) preference (quar.) Canadian Industries, Ltd., common 2- 20c. 62'/2c 5c (quar.) Refining, (From 1-20 12- 1 720c ;; amount & 1-31 3- 1 5% Central (quar.)— (quar.)-. preferred Atlantic 3 1-18 3- 720c 4Va% Yonkers 1-10 City Electric— 4.75% 2- 6c 25c —. (quar.)— share after Power 5c 756 V»c : Corp. preferred 1-20 (quar.) Ltd. Ordinary Growth Bronze, ' 1-16 div.) (quar.) B Water, Atlantic 3 (quar.) Investment Stag Mfg., class A 1-31 2-15 4- 1 1-31 non-cumulative preferred (s-a) Atlanta & Charlotte Air Line Ry. (s-a) Inc. common expenses 1-13 2-15 4- (s-a) Commerce Extra Canadian 173c (stk. Ltd. (payable in stock) Common 2- —, —_____ Pacific Winfield 3 1-16 5% 3-10 3-30 - (Winston-Salem, Wes'ern Wisconsin 1- 50c Associated Stationers Supply (quar.) Atchison, Topeka' & Santa Fe Ry.— : 12-15 3-30 pref. 2-28 . — Trust Western White 2- (s-a) com. Constable Year-end 3-15 _ (quar.)——— Breweries, Class 1-30 1 (quar.)— (quar.) Ltd., Corp. Arnold 3-15 1 40c (quar.) — Canada White 2-17 1 Ry. of 9 Atomics ___■ Western and 3- Bank 1- Atlantic Trrnsportation, cl. A (quar.) Telephone, common (quar.)——' preferred (quar.) tax Southern 1 2-28 . — will Canada Canadian 2- 3-31 Bros. depositary 1-20 (quar.) 2-28 i__ __L_ , 12-28 • 712 Vac Extra preferred 3-15 Coast Dividend 2—1 - 4.50% (quar.) (quar.) Fire 1-20 3-10 4-14 ----- Quarterly out of investment income $1.44 12-28 1-27 775c (s-a) $2.25 (s-a)— Co. Film & Common Wes-chester 1 B 4-11 $0.2885 : Swasey Co. (quar.L.— Washington Mutual Investors Fund, West 1-27 1-31 712 Vac Extra Class Central $1.25 & Watson 2 775c 9 6c ; Fqnd. & 1- 783/4c (s-a) 1- 30c (quar.) fquar.)_ A 2- 5 A 1-14 California— & 'Company, Class 1-16 50c Brand, 5% pfd. (accum.) Appalachian Power Co. (Va.)— $1.12 Vi (quar.) common Income Bank 1 class 1 (quar.)_ A B : Cos. Industries C.) 1- 2- Ltd., 1 40c Fund— Waehoma Packers 2- J25c i_ ____ < s-a 1 of 1 715c 2- 12 Vic _ pid. (accum.) 2 2- Ltd Sugar, 62VaC (8c from earned income plus 6c from capital gains) Voi-Sfjan Dominion $1.12Va ——$1.12Vi 725c iquar.) _—a— Universal Oil Products (year-end) 6% & ;(quar.)______——1 j25c ^ - Truck Lines Urethane Canada 75c Anvil 2 725c __ (quar.) America (N. J.) 1- • 715c preferred u2%> : class 1 (quar.) 4Va V ____ — preferred A 2-28 5% class Coal S. Lines Co., Class 2-10 10c Haut-Katanga (quar.) 2 2- 715c 2- 12 Vic common Corps., Ltd., B 1-31 Foils, Ltd., 1 $2.50 ____ (quar.i_ of 2 1- 1 50c 3-15 9c — (quar.) (quar > Co. 1- 1 33c (quar.)- 3- 20c : United Class 2-15 1-23 .> Ltd.— 1st preferred B (quar.)—,—.— 5% : Biscuit 1 2- — 2-16 1 (quar.) Minere 2 2- 31»Ac $1 5% United 1- 31c 30c —_ (quar.) Corp., 1-13 1-20 common__ Canada 75c Extra Union 1 2- 30c (quar.) Central Hudson Gas & Electric Corp. lincreased-quar.) $5 2- 2-15 34c 75c 1-20 Anthes-Imperial Co., a > Co., 75C 31»/4C (quar.) 15c Fund Corp., — (quar.) com. (quar.) 1 26c (quar.) 2- (quar.) — preferred 1-20 1-20 — Canadian Breweries, (quar.)—. 2-15 — Gas preferred 15c divi/dend Trunkline 2- $1.12Vi cap. Anglo-Huronian, Ltd. (s-a) Animal Trap Co. of America, com. 5% preferred (quar.) 1-19 1-31 preferred 4V2V 2 Anken iquar.) iquar.) Realty 1 1 Extra . (s-a). Telephone!, Anglo-Canadian 1-19 payable in class A shares) (initial) Oal 1-13 1-16 25c (quar.)______ pfd. & 1-31 — Temper $4.50 $2.90 — Corp. 22- — $3 pfd. preferred (quar.) preferred (quar.) $1.25 preferred (quar.) $1.32 preferred (quar.)___ Campbell Red Lake Mines, Ltd. 7V2% A Corp. 91V4C ^.—a Quarterly ' J' Stpck dividend 4'/a% 1 1-26 — (quar.;_ Telephone, $1.24 Corp.— preferred conv. Anglo American Exploration, 1-20 15c com. Quarterly True 2-28 — - Truax-Traer 2-15 time). ' Quarterly Stpck 3-14 6% 30c Corp. 2- Co. & 5% Co. Quarterly Transnation 2-3 3 $1.25 !_ this at dividend Trans-Lux 3- 2-15 (quar.) divs. Trans-Canada 3-10 3-14 Electronics, class A Stock 1 oicu- (quar.) (quar.)— (quar.) Packing 1 5c (quar.) $1.20 6 investment realized 2- dividend (Stock Thurow Tobin 1-20 % :.— from (6c from 2-15 25c (quar. i Stock 2-25 ;' 25c dividend B Packing Water Canada < (quar.) Mutual Fund income ' - $1.10 (quar.)— Thriftimart, Inc., class A • Inc. Wooldridge, (Pa.) Drug 1- $1.25 Inc.— Climax, wk.,— —- pfd. omitted Co. 1-26 1-24 ; 6 2- $1.75 (A. M.) Co., common (quar.)__ participating preferred California 12-30 2-20 5c (quar.) Metal American (quar.)__—_—_ (J. R.) 1-25;. 3(Jc 50c (quar.)—_ common, 2-15 10c common preferred 3.65% 7% 10- 12-31 1-13 30c 3- 4c Bros., Byers 1-13 4V 65c 2 Vi % payment 1-16 1 1 .; quar.)_____ (initial $5 1-31 3Vic " r r (quar.) (quar.) Inc., — — Burry 2- 4% —._— American (quar.)—— Electronics 1-31 25c 1 —: Industries. 2-15 Products preferred 4ViV 2-10 income) nary Texas 31c $3.50 1— 2- series 1951 _ Television Biscuit Corp. (quar.)_—— Butterfly Hosiery, 7% preferred (s-a) Common 1 Campbell Soup Co. 2-15 dividend Stock 5 V* 37Vic 28c — 1—: Broadcasting 10-27 1- 1-17 gains) Natural Gas (increased-quar.)— Recreation Center (initial) (in.r.-quar.) com. A 712 Vic 2-10 2- stock)__— (monthly)— common Home American 3-20 10c A American 3 2- 3-10 20c (quar.) (quar.) Inc. 6 (stock div. payable in B American-Marietta (quar.)——L class 6 7- 25c (quar.)_l and class A 27 Vic - (quar.) Inc., 4- (quar.) (initial) 6 4-27 7-29 Equitable Assurance— common 4 1- 712 Vic California i—i (quar.) Distilling 1- 1-16 1 1-27 712 Vic (annual)— Greetings Corp.— 4-20 • preferred 2-10 - $•1 4 Common Corp.— 2-1 3 1-20 2- 30c 712 Vic — 1- 1- Common (quar.)-A 1 2-10 ———————7*-"—1—— —r—» 4% pfd. (quar.)___. Ltd., common (reduced) Company, California Electric Power, Corp. 3-1 40c — 3 ' —— Co. (s-a) (Pa.) 3-20 2- 45c Inc.— Radio & 1 2-3 ——. Shares 1 2-28 12Vic 1 65c —— income. American p 2- 1 (quar.) 3- (quar.)— n.scuits Swingline, Extra Bullock's~Inc., 1 2- 3-1 200 Anderson, Sun Sunshine 3-17 Rubber— Biltrite Business (quar.) par) preferred 2-10 1 42- 25c _+ $25c (quar.)__ 36c (quar. )_• conv. 3-10 4- Trust Bank & County 95c 30c (quar.)__. J56c . dividend—a American 1-31 2-13 Corp. Co. ___! ($25 5.20% Bucks preferred ' (quar.) Propane Gas, 1-12 Burns (quar.) 22c — — preferred Suburban 1-23 _ $1.06 Yt preferred Corp. 1-12 93%c common on Petroleum Stock 6 v'; (quar.) —— 4.40% Stouffer 1 $3.80 . (quar.) 97 Vic 4.60% Sons 2- Brooklyn Union Gas (quar.) Buckeye Steel Castings (reduced) Sugar— preferred American 5 _— (quar.> Ltd. 2-14 2- 5 2- — com. (quar. > preferred 1-27 30c (quar.) — Ltd.— (quar.)—; preferred dividend Amerada 5 2-28 (.quar.) preferred preferred 1-27 2-28 133/4c — common (quar.) preferred 2nd American (quar.) 4.25% 2-17 2-10 9c. (quar.) America, Gas— 6c 8c (special) of Canada, Taunton Brockton When Holdert Payable of Rec. Share Name of Company 50c ; 5 2- 2-28 10c — preferred of Co. 1st Stock 3-30 1 2-28 37 lie (quar.) & 5- 2-28 j._-.— 4.15V Co. preferred 4V2V 12-30 1-31 26 V'2 c quar.)_ i 4% . 1 4- 1 25 Vic (quar.) Public Service, preferred $3.75 Aluminum Telephone— (increased Radio, 5- 297/8C — Investors States Kellogg 1-27 30 '/2C —-r 3.90' Spencer 2-10 2-20 +50c —— (increased preferred Standard 3-10 (quar.) Incorporated American preferred 4.36% 1-12 Inc. Inc. (quar.) Corp. (quar.)__ Amalgamated (quar.) Company 5.62Vu'/" 2-17 2-15 1 30c (quar.) 4.40 V Aluminum 3-10 3-i5 2- 50c (quar.) (quar.) preferred preferred 3.70% Alside, Co.— (quar.) 4.78V Common 1-27 1 80c — Edison 4.24% $1.44 2-J.5 f50c (quar.) California preferred Southwestern 3- J17 Vic _— 4.88V Southwestern Alpha Beta Food Markets 3-15 +30c preferred Southwestern Radio Per Holdert Payable of Rec. — — — (quar.) $2 4.08V Mills, Allied 25c (quar.) Smith-Douglass Co. (quar.) —— Smiih (Howard) Paper Mills Ltd.— Southern Allied 25c (quar.)—— Inc. Ltd. (quar.) a Simsbury Bank & Trust (Conn.) Sinclair Oil Corp. (quar.) Southern Control, 4-14 4-14 3-10 50c Simpsons, Common Allied 1 1 (quar.) Co. Dillon 2-10 5- 5- 55c : When Share Company 85c (quar.) (quar.) Williams, & Scotten, Name of of Rec. Payable $1 Paper'Co.| common Scott Per Holdert When Per Snare Name of Company Monday, January 23, 1961 ... (quar.) (quar.) (quar.) Connohio, Inc., 40 cents pfd. 40 cents preferred (quar.) .___! (quar.) 2- 1 2- 1 1- 5 51c ^ ___!_ 3-31 47 VaC 50c (quar ) 2- 1 1- 5 2- 1 1- 5 5 51 Vac ~~ ..... 1- 5 2- 1 1- 10c 4- 1 3-20 10c 4- 1 3-20 55c . Volume 193 Number 6023 . . The Commercial and Financial Chronicle . When Per Name of Company Consolidated Share Bakeries (Canada), Ltd. (s-a)_ Consolidated Development Corp. (Pla.) • Stock dividend Consolidated $5 preferred Consolidated from Co. (N. Trust ' $4.52 (preferred Continental & (From Corn Products Cornet Stores Coronation Cott • 1-20 4- 1 4- 1 4- : ;1 . , 3- Bank of Bank (Erie, National 3- First National City , 3 First - National Stock 1-13 ■1-27 1-12 SterFing Firth 551 Fifth 1-12 1- 6 Food Giant 1-27 1-17 Food 2-1 1-12 " Foote Bros. 60c : 1-25 yv 1-..4 2- 1 l-'3l 12-30 11'Ac¬ u. : me 10c 2- . , Class Ford 1.-15 2-16 • 25c .__ 7% preferred 50c preferred :■ 2-16 3-15 2-15 B U5c 3-10 Dayco Corp., 1-3 pfd. $2 class A Corp. Frito 3-16 Fruehauf 6-15 Class ,9-29 9-15 8% Class , >1*31- .'3-3 25C .3- -7- 2- 6 ; 3 .2* 6 2- General 6 r ■' j:'r j,. '25C 1-16 General ■r. 1 2- 1 1- 6 2-10 ; ,6% 1-31 12-30 ■ 2- 1 1- 9 $1.30 preferred B 3- 1 2-15 $1.30 preferred 2-15 2- 1 3 12-30 1-31 1-17 25c 2-28 General 3-20 1-30 25c 2-15 4- 39c U7y2c (quar.) „ $2 , Fund realized Inc.— net; in 5% and 1 income) capital from 12c preferred (quar.) Bridge, Ltd. (quar.) 2-15 Dominion Oilcloth & Dominion Fabrics, Ltd., 2nd 3- .1 Linoleum, Steel & Dominion Tar & .__ 2-10 1-13 1-31 1 1 {10c 2- I 2- 1.- (quar.) ;■ 6'/2 % for depositary, $0.10 per equal (5crfrom net from $4.50 xiet realized capital gains). (E. I.) ,de Nemours & Co.— preferred (quar.)___ $3.5.0 du Pont Pont of Canada, Duro-Test 1.t5%' Ltd., & Supply Co. Corp.— preferred . . (1956 Eagle Food Centers East 80c . preferred 7% 1-25 1-10 1-27 12-30 1 1-12 {20c 2- 25c 31'Ac Industries 1-26 States Corp., $6 preferred B ,1 Edison Bros. Stock Ekco 10c- 4'/2% — Stores preferred, (quar.) District Electric, 5% Empire National Corp. State Empire Oil 5% pfd. _•_ Heating $1.25 6 Industries v /.'■ Rule Co. (Bait.) Company, Falstaff Brewing, Grace (Wash.) (stock Fate-Root-Heath r\ Growers 2-15 ' " 3-10 .50c 1-31 3- 1 2- (One 1 " 1-13- $1.40 Federal preference Instance 2-10 ' 1-31 $1.50 2- 1 2- 1 holders Gulf Life 32y2c 1-25 1-10 30c ._, Ltd (initial) IV2C .' $3 _ 4- 1 3-15 1-25 Insurance Bros. Fidelity class 4- 1 h- * $2.25 $4.36 * 3-15 Series 2- 1 1-13 2- 1 5% 1-27 A and 12-30 2- 1 ,1-14 2- 1 1-14 {35c class 2- 1. 1-18 {25c 2- 1 " 1-18 {35c (quar.) B __ (Newark, N. J.) Mortgage 2- 1 1-18 of Md. 1 2-17", 1-31 H-DA (quar.) J ■ — '.,1- 7 ' 50c 1-31 65c 2- 6 7%c 2- 1 12-28 56y4c 2- 1 12-28 — (quar.) 1-28 : 1-13 1- 2- 1 ,1-ilO 1 1-10 , 1 1-10 2- 1 1-10 2- 1 1-10 ,{45c —____ 2- 2- 1 12-31 (quar.) (quar.) 75c 3- ;1 2-15 Jack 2-15 Jantzen, 2-15 2- 1 (frqm & Heintz, Inc., 1 1-16 4% 4% preferred 6c 2- 1 A- 3 iy2%. 2-15 1-15 -35c 2->15 1-31 .$1.12 ya .2-1 • ■ ,(s-a) 1 1-16 334% 1 1-16 1-16 Joseph Joy 3-15 3- 4- 1 4- 1 30c 4 from capital 62 VaC 3- 2- 4 6 (quar.) Co 1-17 1 3- 3% 1-13 1 1 2- $2.81 2-10 1-13 2-10 1-13 ________ 9c ^ 1-23 1- 6 2- 1 1 1 7c • . 2-10 2- Common Kerr 3-27 1-15 {13c 1 ' •Knott Kobacker 2- 1 3- 30c • 1 Class A . 1- 3 2- 3-17 3% • ii-23 2-23 A B (monthly) Class A B $1.20 4- 7 2-15 2- 4 3-15 3- 4 1-27 12-30 20c 1-31 1-17 12c 2- <3% 1 1- 6 12c 2-,l 1- 6 ,12c 3- 11 2- 6 12c 3- 1 2- 12c :4- 3 3- 6 4-3 3- 6 ____ •12c, ______—.——— monthly)—.^ 1-18 12c $1.20 $1.20 preferred 1-31 1-16 $1.20 : {ioc 4-29 / conv.. $1.20 1-23 (monthly)— J* • • 1-31 Kuhlman 1-12 Electric 4- 6 •2- 6 3- 6 , 6 :,4- 6 5- 5 6- 4-21 6 ' 5-22 " • > 4- 3-21 10c 10c • preferred 1 10c preferred 2nd 7% u 5- 2-21 10c ; (monthly) Kresge (S. S.) Co. (quar.)__ 4-15 1 10c _______ '1-13 - 6 5- 12c — 1 37%c 2-13 — ,__ 2- 1-23 . 2-15 v - 40c Gr21 3-10 2-14 2- 1-16 • $1.75 (quar.) 1 Co.—: 13-3Ae 2-1 1-li 12'/a c 2-15 1-2 j20c il-31 l-i: 1-31 (quar.) preferred A Telephone ; 12V7C 2- 1 1-13 Stock (quar.) $1.25 3-13 2-24 Lancaster 6-12 5-26 66'Ac 2- 1- 1 25c {$1.25 2- 1 2-15 l-l: 2- Quarterly 1 Lay 40c Co., & new income (initial) class A & 12-31 12-31 1-20 1-28 1- 9 5% class 2- 1-10 5% class Lee & — A 1-1 1-25 1-H — (quar.)____ Inc., class A (quar.)_ 1-10 Leeds Leesona Corp. (quar.) Lehman Corp. 2-10 2- 1 1-31 - gains Lerner 2-15 1-31 2- 1 1-24 Levines, 2- 1 1-26 Lewers Liberty Lincoln $1.25 20c 3% 2-15 2- 1 1-27 2- 1 1-16. 12-30 $3.50 Lincoln dividend) from ordinary 1-1 1-1 3-10 2-2 $1.33 Va 1-30 12-3 2- Co. Inc. & (stock Cooke, Fabrics of National Wayne) Printing, preference Rochester Ltd. N. Y. Life (stock dividend! — (stock dividend) — 2- 3 1-23" Link-Belt 3-1 1-31 1- 2-16 1-1 Insurance (quar.) 50c 2- 1 1-1 common 15c 2- 1 1-1 87%c 2- 1 1-1 55c 2- 1 1-1 60c 2- 1 l'-l 60c 3- 1 2- (quar.) Trust Co. (N. Y.) (qqar.) ---*— Co. 1-2 2-1 5% dividend)— 4-14 5% (quar.)— 3-15 .4% (quar.) 1 40c preferred 4V2% Extra i Arms in¬ —r,——— —- .(Fort Lincoln 15y2c and Stores, Salt Leslie 35c stock of Savage Corp. for each share held) 1-1' 1-31 3iy4c (year-end of $1.18 from capi¬ 8% * — 1-25 1-25 83/4C $1.12% (quar.) 3iy4c ,12 y2c preferred preferred Travelwear, 1- 1-31 1-31 15c — — 1-10 IV2C (stock dividend) 3-2( •15c — 1 56'Ac ; . 75yac gains) capital 1 4 (quar.) 3-30 (quar.) from common 2- 1- (quar.) 12y2c investment frqm 2- 1-25 (quar.) : 1-11 4-1' (reduced)——_—— Tire Northrup, B 12c 63V2C and Rubber 1-31 Leeds of payment 1-31 56 y4c (quar.) 1- 1 1-31 i4-28 (quar.)_ Lazard Fund— 6 1%% dividend) 2- U5c $15c Ltd., class A (quar.) W'.) (H. (4Pa.)— — A 2-10 1 Bank National County 30c 75c (quar.) dividend Laurentide Acceptance, 4 1-16 (quar.)__ Inc. Apparel, LaCrosse 1-27 20c pfd, 3«*tl •4-14 —_____ 6 2-23 $5 Hayes Co.," 5% 2-13 — 2- ■ 20c 25C * (quar.) 1 5c 62c . 2-13 3- i±_'_ (monthly) 51/2% (quar.)— . 2-13 1 $1.08% — 56'Ac ' 1 3- $1.12 & ______ (monthly) "..Class • > (quar.) (stock dividend)-^ preferred 3- stock- (quar.) (stock $1 preferred (quar.) —__ conv. preferred (quar.)___ preferred (monthly) —_ — (quarjx.— com. 1 —_______— Class 4 2-17 2-23 25c (quar.) 2-13 1-18 $1.05 , (monthly) Class 1 2% • 12-30 3--.1 —-— (monthly) (monthly)__—.— Class >B r 3 3- " 3-15 •25c - ■ 1-30 95c , __,— (quar.).: Corp.— (monthly) -B • 1-20 1 2- 37%c net 1-16 3% ______ dividend) A Class 1-15 1 Class 2-15 ' 1 3- 15C -•"•: 2- 1-30 (monthly)—-— (stock Stores, (Quar. Products— 4-17 2-21 25c Fund Hotels $1.25 Pak 1 .1-31 25c •{10c pfd. common •>5- 25c (quar.) Income Kratter 2- 10c 20c to pfd. 93 34 c class a .and class ,B (payable in class A stock) dividend ;_ 5% — 2-24 4-10 • 1-27 3-10 7c , 55c J quar. 1 $5 1-18 4.50% preferred (quar.) Kentucky Stone Co.— 1-16 > (quar.) 1-10 2-14 1 5c 1-16 2- , 1-16 2- , l 2-28 2- (quar.)___ . 2- $1 50c preferred ___—• / subject 1-15 2-25 35c (quar.), 4.35% 25c America from 2- 1-16 1 3- (1 9334c (quar.) (quar.)_ ^__ — ,2- l1 — —_______ preferred (quar.)—„ plus RR., com. •I-3I ,13 %c —_ 4.20% tal of 1-13 1 —_— iquar.) common come) (One share 3 20c 4% - (Florida) (stock 1-13 2r 20c 1-10 3 (The) 2- 1 40c $1.25 preferred (quar.,___ preferred (quar.) 1-18. Hill. Corp. 2- (quar. 1-10 ' — High Voltage Engineering 1-13. $1.05 (quar.) 3.30% .> 1- Co. 1-13 2- $1,09 1-25 $0.57825 (ouar. )—____ of • 1-31 Mfg. 1-31 $1,05 City Power & Light— 15c Higbie 12-22 2- 1 _____ 1-25 30c Fund (quar.) Industries (quar.) Powder, 1*30 3- 1 (quar.)___*J.__ Aircraft, Kansas Haydock preferred A 2-28 29c common Inc. Manufacturing Stock 1-16 1-16 4,. (quar.) 7% 1--0 $1.09 J 55c (quar.)__ Hercules Galion 1-20 215 .47yac g&i|fs) (quar,)_ _4 $1.12 Va Marx Portion 2-15 5% 1-10 (5c from ordi¬ common Kroger Company— preferred Henderson's 3-31 Electric— & A Feiss L'Aiglon of America, 2-1 15c (quar.) (quar.) (quar.)__ (Earle M.) Company & Kaman 3-15 1-31 1-31 (quar^) preferred preferred t 3-15 1 , 4.96% Corp. 1-19 3.40 1 113 c Fund Inc. common Co., Jorgensen 1 56!/4C dividend) 4.50% Hat 4- _50c , Schools preferred preferred 2- 1 — preferred split Light, 1 1.-14 \ (quar.) preferred Tea 3%% 2- ■ ; gains Inc. 1 6- 7- 1 il-30 invest. — Stores Light, ^preferred 5% 1-16 2- 3c Stores, 2- $3 (stock dividend! common (quar.) 24c 1.-13 ;{15C (quaf.)____ (quar.) Gas 1-13 1 > 1 ____— and & 3c Electric 2- 31'Ac _____ (quar.)—__— Fund Electric, 1-10 ' 3- ^ common <fe 2- 55'/4C 583Ac ,(quar^)_ flronite, Inc., 55c conv. pfd. (quar.) ;— Irving Trust Co., stock dividend u Istel Fund, Inc.___^i—_______—_—_______ 3- 40c ■ Hartfield Hercules ' 27y2c" ___^— common preferred A (quar.) 2-15 Inc.— capital gains)-— Corp.. 3- 27c lll3 2- 1 preferred" (quar.)__ 3- — Heppenstall Co., 4V2% — (monthly). Asso. 1 • • 1-25 2- 43c ; Inc.— Schaffner 1-16 ; ■••55 c 1-13 $1.50 H-C7 Hart, 2-1 —~_ & Power 2- —l_ •: Ltd., Funds, • 20c (quar.) (from General 1-25 20c .__ >Co., 2-20 533Ac $4.22 preferred ^(quar.)— vlowa ■ 14) Hartford .*. (quar.)_ & Deposit Co. Financial 2-15 ._ Co Cotton. Hamilton Co. — Federated Department Stores, <" New common (initial)_ Fidelity Fund ,1-25 7c. conv. Ohio 45C $1 (quar,)!__' preferred preferred Iowa-Illinois 1-25 2-15 ... (Dallas)— & Gas $4.36 1-6 50c preferred (quar.) 5.30% preferred (quar.) Hamilton 12-31 25c National 1 2-15 . Insurance Mobile 1-23 4 Correspondence income nary Iowa $1.25 (monthly) Shares— Feb. 1-16 i-n 425c 3,7'Ac .Growth Research $1.27 l/a $5 Halle 1-16 Quarterly Federal 2- 32yac ;_ series income) I1I6 1 Jersey Central Power & Light— — . 1-20 40c (increased)_____ Life Co. 9 4 8V/2C (stock stock 15 fGulf" Interstate Gulf, 2-15 for 4y2% both It Jewel - capital Gulf .Insurance 1 1 3- 12-31 from 1-13 2- 40c 60c pref. Ltd.— Department Investors 1-27 1- $1.25 (quar.v Industry investment .> 2-21 15c on 1 1 ' Go.,-S% A Growth (16c 1-16 (quar.) Federal Grain, Ltd., class A & class B Extra 2- 9 30c Wine, ;Ltd., class A Class 2-15 1 (quar.)__ pfd. conv. dividend) Co. 1- >2-1 Northwest : : 1 (s-a)___— Stock" dividend • $1.30 common. Co. 1 2- 51c Ltd Interstate Class Mines World Worlds, $1.50 dividend Griesedieck 1-15 1, ■ New the (quar.)___ & 2- 41 -1-16 52'/2 c pfd. Securities, International 6 $4.22 ^ class .A Year-end >5-20 10c (Stamford) _J_—:__l- Quarterly Farmers 1- 62 ya c , (W. R.) 1 25c (incr.-quar.)__ common Ltd., preferred 64 Vac — Security 2- $1.25 Breweries, Ltd.— 50c pref. A (quar.) lrlO c 1-13 12-31 25c Interior 3-10 . >2-24 — Green.Bay & Western .RR * 3- 1-30 .-5% ■ : (quar.) Uranium 1-12 2- 1 '22y2c 1 Kentucky— (monthly)-, Stock 3-, 1 6-10 5% '. ___ (stock dividend) common preferred -.4 V2 % ' (quar.) Corp., 12-31 2- ,1-31 - ' (quar.>__; 1955 1-22 : (quar. jlnterchemical Qorp., 1-13 , 29C -;(quar.)___ preferred 1-20 >1-20 $1 Insurance Corp. of America 12-16 (quar.)——i.—_ common A Series 6% Faraday 1 3-24 50c of A Ltd.— (quar.)_, 6% County Trust , t$1.25 Mfg. Co.. ,1 quar.) Gossard )H. W.) .Company (quar.) Gould-NationaL Batteries (quar.)___ :1-17 25c (quar.)_ Fairfield 1-11 2-9 >$1,25 1-17 ;1 2- >1 3% ' Canada Co., Institutional v, 1-25 62'/a Great Atlantic & Pacific Tea Co. 1-15 35c j, (stock .dividend) 8 1,16 2- ,1 2- 50c •1-13 2-10 •Goodmap 6 20c : ' 1-15 1-30 {12y2c Equitable Trust Co. Fairbanks ;2. •iy2 % (quar.) Equity Corp., $2 preferred Evans $1.50 , • • 6 a- 1 ; Products, 2- 1 1-26 ' 25c (monthly)— '• & Englehard Co. - A 12-31 3-15 2- V (stock dividend). 1- 1 $1.183A (s-a) A Class : of Mills, $1.25 ^Institutional Shares, 1-25 2- ,30c Systems (initial-quar.) Godfrey iCompany (quar.)_ 3-17 1- • 1-25. • 2- (quar.)___,| •Employers Group Assoc. (quar.) Emporium Capwell Co. (quar.) Enamel 1 $1.12 y2 (quar.) . 1 50c _'_ Empire 2- 2- . 2% - (quar.) (quar.) preferred 1 (stock.;dividend)— common 1 50c (Increased^s-ra)-; Ji.__— ' ; 3-17 1 4- $1.50 1 Co., 2- 330 Envelopes. Ltd., class A Globe & Republic Insurance Co. 1-16 1 4- $1.75 (accum.) preferred 43A% of Class 2-28 2- 7%c (accum.) A ; >2 5c . dividend Products 6% pfd. $7 , 25c ^__ .__ Globe 1- 5 v 3-15 {$1.75 __ (quar.)___ 6% preferred Ingram Bell, Bank Inter-Ocean preferred .(quar.) Inc., Glickman \ Globe Racing Assn., common (quar.) preferred (quar.)__—__— Eastern Co; preferred 4%% ^preferred C ■■ 2-28 3-15 - 17 Vac (quar. (accum.)____ 1-20 Bros., ■ Eastern $1 voting 4 Va % Kootenay Power, Ltd.— Eastern .voting Company 1-10 — ... . 1-31 _; «Glatf?lter (P. U-) Co., „• 1-25 (quar;)____ .. Ingersoh-.Rand 2% . Inc., -cdmmon (quar.)—__ preferred (quar.). Gladding McBean & Co, (quar.) ; \ (quar.) series) ,1-16 -,7-y2c AVzf/o $1,12 Va (final) 1-25 {10c (quar.)__ Gimbel 1-16 13c 87;%C common preferred Gillette : preferred Indian iHead 15C 0-18 ,1 2-1 15c ___! (quar.) (quar.) Imperial of Indiana— Class Ducommun Metals 4.70% - •■..'•* preferred 3-15 3-1 (quar.)__!____ Telephone Preferred preferred ;(quar.),_ du 47 '/a C 1 ,10c (quar..) ;2-15 $1 voting preferred (quar.) voting preferred (quar.)— . 1-31 preferred 3-31 50c f. •>-■ (quar.)_ $2 3 2-24 . 18c and 4.26% 32y2Q; preferred Genesco, , income .4.20% 2-28 2-15 (quar.)— $5 to investment . 12-30 1-15 • 933/»C preferred 6% i approximately depositary share). ; ■ Dreyfus Fund, Inc 2-15 • Co., common preferred ;:(quar.) preferred (quar.) $1.50 .preferred -li—____ (quar.) Telephone $6 1 * ,-_■ (quar.)___. Power 4.08% 1-13 1 1-31 56y4c preferred (quar.) 5.10% preferred (quar.)— 1-11 115c 1--18 50c ___________________ common 1-31 4.80% .preferred (quar.) Waterworks Corp.— 1-14 common Chemical, 3- Power, 30c. 5% 1-14 2- 6-17 2- (quar.)_"____ (quar.)________ Company Illinois ,1-16 General 1-16 2- (quar.) Ltd. Coal 7 {15c {30c _____ Long & Co., Ltd., ordinary (final) British income tax and expenses (Less . {37%c Ltd._ (quar.)—— com. (quar.) Dominion Dorman {20c ■ pref. C 1-28 ,7- 1 4% preferred (quar.)________ Illinois Brick Co.^ (quar.) • (quar.) preferred Genera] 1-20 2- f$1.25 ._ Dominion B 15c 1_„ 5.20^ gains ordinary Dominion & Anglo Investment-—• 5% , >1-31 r ;8c '—rp^ 5.16fo 87c preferred 8c (quar.)— Telephone. Co. preferred General . long-term ,1960 1-16 1-30 . ;29c (quar.)—— $2.50 preferred S>r»2 2-15 4T %__ (quar.) 4.42% (quar.) $1.32 preferred t 6-20 35C ,$1.75 . Telephone Co. of Florida— 2%c 37y2c (N.'Y.j Co., preferred Idaho . . (quar.) ;i2yac — ' from ; 1-26'- ■•> $1 $5-preferred (quar.l-i.— ^General Publio Utilities (quar.) General Steel Wares,. Ltd., 5% pfd. (quar.) General Telephone Co. of California— •; 4V27o preferred (quar.) 12-21 1-13 1-20 .1-01 Corp.— $3.75 preferred •.». General $1.56 .preferred <(quar.) (75c 1 3- <1 , — Dominick 2- 40c . ______1 Corp. 1-31 5% dividend) (Joseph) Company (quar.)__ Syracuse, common (extra)_____ 5% ■ 1 1- 3 15c , 1-31 3- 9 . 27c Dominguez Oil Fields (monthly)— Monthly 1-30 .1-13 2- 1 Houston '■*•' Corp.—" General Motors 6 1- , (Del.)— (Quarterly from net investment income) Houses, log, (quar.) Dodge Mfg. Co., common (quar.) Mines, Ltd. 7 2- 35c-: __ capital Dobbs 1 1-31 - (quar.) Electric- (quar.) Mills, Inc. (quar.)^ 2- 1-15 2-15 55c 41.75 8c preferred Bronze General 2- . 37J/aC. gains— Dividend.'Shares, Inc.— Dome : ; General' Dynamics 1-23 3*17 . Diversified Growth Stock Fund, Inc. 3- 15c -General .Crude .Oil- r(quar.)— \ 6 2- > 40c i >1-20 20c (Stock dividend payable in lieu of cash)— 3-30 $2 70c ' ,, 1 General Bakeries. .Ltd. .General Baking Co. (reduced)__..___ •. , 1*20 4-30 • - ' i (quar.)__i (quar.)___ 2- Gardner-Denver 2 3 \ . _____ ___. (interim). %c Co., common (giiar. 4%, preferred (quar.)— ± Gateway Sporting Goods Co. (initial)--—_ 3.. 1.- . - 1-20 Industries, Inc.— conv. (stock 1- 4 1-14 1 2-1 10c (quar,) Process (extra _44_ Lighting & Power $4 pfd. (quar.)_ Hupp Corp., common (stock'dividend)_!____ Hussmann HefriKeratoi' (quar.) ____4__—___ Hydraulic Press Brick (quar.) HygradeFood Products, 4% pfd. A (quar.)_ 1-16 1 (monthly)___' Wood •'4 Vz % 3 10•• _ 3 3- 25c 25c '• 10^,6;: 5 " ■ 1 • Co., 4% preferred (quar.)_ (from qapital gains) 4- 30c ' .578% Investors 4- 7 7- 7 iy4c 4% 2- > Car iy4c Hotel 1-17 2- —_• 1-27 _ .____ Finance (quar.) Diamond National Corp.; common $1.50 preferred (quar.) From (quar.)— 1-10 , Home 2-24 1 of ;___ 2-15 • ,1-10 2- ' " Ordinary approval 1_ 1-25 30c, 1'AC Inc. —____ Corp. Hardart Hyster monthly)___ (monthly)— A Land & 3-14 12y2c Gateway Sporting Goods (initial)Gamble-Skogmo, Inc. (quar.) $2 (quar. )__-___„ Dickey (W. S.) Clay Mfg. Distillers, Ltd.— 1 1-10 • : Dial to 31 ,1-11 L___ (quar.) 1 Liquidating 2- •. {15c Y.) (qqar.) pall & Bearing Co. (quar.)_________ 6 2- -1 3.7'/ac Insurance ,(N. 1- 2- 35c (qqarj & Co., Ltd. Rinehart & Winston, Horn 933Ac (quar.) (increased Class A O'i Jan. 1 (quar.) & Raynolds Co. (subject 1 50c Detroit, Hilldale & South West RR.—Devoe 1-20 (Long Island, N. Y.) 2- (quar.) Tunnel 6 • 1^0 Quarterly, ; 75c 2- ; istock Trailer A Class 1-10 - Canada & 2- (quar.)—— Futterman Corp.— - 1-10 1 (quar.) _____ debenture Detroit 1 (quar.)'_______l___"ll_l_l_*_ A ' 1-16 Insurance Co. (Springfield, HI.) Fundamental 2- Light (increased quar.)-Voting common (quar..)___!'_ Mlg. 1 Company, (quar.) 3-16 .2-. Power & Dennison 2- $2 2-28 2- 1 1-25 (quar,), Houdry $1.25 (quar.) .Quarterly •Quarterly . Delaware 1-16 20c Restaurants 3 7- $1 (quar.) ,iquar.) Estate 1 ,15c pfd. Hormel .(George A.) & Co. (qqar,)___________ Horp & Hardart Baking "Co. (quar.) * 1,-10 2- 12 on Renfrew Horizon 2-16 $5 $1.75 ' $1.13 pref. 3 ' (quar.)___ Machine, class A Stores.Corp. Frisch's $1.06 preferred preferred Inc. Daystrpm, DeMun 5% Hoover ,25c 3-31 , 'f.$1.75 $4.24 Water, Home ,.;i (quar.')___ .. 'dividend Franklin , • Davenport y.)t— Quarterly 3-31 $1.75 (quar.) $1.75 & Bight, $4 preferred (quar.). ,4 '/a % preferred (quar.) 1-25 1- 50c Co. stockholders 1 4- $1.75 Power N. (quar.) Motor Stock 1-13 1-23 25c (quar.)__ Dallas 1 1 Holt, 3-24 ) Holders for com. (quar.) Corp., common preferred (quar.) 2- 1-16 Auto-Lite held shares Sugar 5% •, 2- 10% Franklin'National Bank 1-10 ; (quar.) 7% Holly 1-10 .-Holt, Increased | (extra)____ pfd. 1-31 1 Chemical— Gear & Franklin Life . 1-20 , 1 t75c International Corp.— A -(quar.)_. J. Coal, Ltd. 5 1-30 {45c 31'Ac Electric of 4(4 Dauch, Ltd. Stores Inc., 5% 75c " (quar.)__ (s-a)^________ 7% Machinery ,. share When fPayable (liquidating)— Corp. & 2-1 Pa.)— Florida Steel 1 Cork & Seal Co., Inc., $2 pfd. (quar.) Cork & Seal Co., Ltd. (quar.)___ Pass One Hinde 50 c (N. Y.), pfd. (accum.) Coi;p (quar.) — Markets, 4% preferred (s-a)— •1-13 1 2- . Cork Nest 1 2-15 50% Avenue 1-31 2- quar.)__. Cuban-American Sugar, 7% 7% preferred (quar.) 10c div.)' Y. (Yonkers, Inc., 3%'/»' preferred Crown Crow's (stk. (quar.) ^ .First, Trust Co. of Albany . Crown Class Pa.) Bank of N. " Crown 1-13 eacn ; Baltimore (Norristown, Bank dividend 1-10 Aircraft 30C Rank t6c Co.. (quar.) Hiller 1 1-23 25c (Increased-quar.)' 3 3- 3 „ 1-31 10c Corp._ Hinds Crouse 2- •Holly (quar.) National National 30c (Initial) . Per " First v 17%c Mortgage, Ltd. .(increased) Leverage Corp.— 10c ■ 1 2- ,20c r ' First 1-16 6c ' 3- , 13 Share Name of Company $1 (s-a)" (increased (extra) 1 . preferred (Wash. D. C.) First 1-13 ; Fund, Inc.-— Inc. (reduced) Properties— V Ridge First Investors .6 2-15 10c Motors Corp. (reduced)i: Transport Lines (quar.) Exploration, Ltd. (s-a)_. conv. 1- 2-20 $1.13 • Cooper-Jarrett, 60c 1 2-27 ; $ 1,12 Vu Continental Coral 2- $1.04 _____ _ Holder9 Payable of Rec. First Camden National Bank & Trust (N. J.)— 65c c Continental . Firemen's Insurance 1 Engineering— income) Conwest 1 2- Class A and class B (quar.)_____a, _____ Continental Growth 5% 2- 57 y2 c __ tquar. Aviation Reduced dividend) 2-15 $1.30 ' (increased) .Consumers Power Co., common $4.16 preferred (quar.) $4.50 preferred (quar.) (stock Quarterly——,_—; cash) or Co. When Share Federation 2-15 (distribution in shares Gas Per Name of Company Financial 1-13 10c $1.25 Investment Natural 1 Y.)— (quar.) capital gains Consolidated 2- 5% ; _ Edison Holders Payable of Rec. $25c (385) l (quar.) ; — , 14 (386) The Commercial and Financial Chronicle \ Holders Per (interim)- Ltd., ordinary Lobitos Oilfields, When Share Name of Company Payable of Rec. 2-14 12-30 8% _ for $0.03 approximately sh&ro) Loblaw Norfolk B $2.40 6% preferred 3- 1 2- 8 6% preferred $37y2c 3- 1 2- 8 North 3- 1 2- 8 Northern Illinois 15c 3- 1 2- 8 $1.50 preferred Northern Illinois .d _: : __ : preferred 12-30 12-30 $5.50 1-31 12-30 Northern Insurance 9 Northern Pacific 35c 2- 1 90c 1-31 1- 5% 4- 1 2- 1 Class 3-20 35c 1-12 Ry. (quar.) 1-13 1 2- 2-24 class Co., 1 4%% 4%% Metals Co., 4%% pfd. (quar.)— preferred A (quar.) Reynolds (R. J.)_ Tobacco Co. (quar.) 2- 1 12-23 Rhode 2- 1 12-23 Norwalk 3%. 2-15 1-25 27»/2C 1-25 1-31 1-10 25c 2- 1 1-10 (quar.) , (quar.) Gas . __ — Holdings, Ltd., Nunn-Bush 2- 1 1-10 Riegel T'extile 2-28 2-16 River 4- 1 3-17 Rochester Gas 25c 1-31 1-16 Stock 1$1 2- 1 1-17 10c 1-25 1-12 25c 1-30 1- 5 $4 (quar.) 1-13 preferred B $1.06 Va 2- 1 1- 9 $1 2- 1 1- 9 (quar.) realized short-term gains 7% Ltd., Corp. 3 Priority shares Steel Products preferred shs. (quar.) 2- 3-31 3-16 4% 6-30 6-14 5% 1-31 1-17 4- 6 3-20 1-31 1-10 Overland 1-31 1-10 Owens-Corning $$1.25 Majestic-Penn State Majestic Inc. 5c (quar.)_ Specialties, i7y2c (increased) dividend Stock 3% Marine Maxwell Midland Marquette Martin & 3-10 35c (From Grain McCall Corp. McCord $2.50 1- 3 Pacific Lighting National Bank 1-20 2-24 2-15 & Co., 5% preferred AlcGregor-Doniger, class A Class B American Pan (s-a) 1 2- 1 1-15 Patterson 2- 1 1-10 Peerless Insurance 2-28 2-15 12-30 y iy4c Davis & McKee stock (Arthur G.) dividend Co. & . Peerless 3-15 1 1-31 1-16 $6 Meadow Brook County (L. Mechanics National Bank Shoe 4%% 4% Miami Ltd., Bank & Miles Inc. Co. Laboratories Miller Mfg. Millers Co., Falls Co. Bank, J.) 4.50% 6% (quar.) Co., common preferred Montclair dividend Mount 6% preferred Mount Co. Clemens Metal Diablo Mount Royal. Rice Movielab Film 2- 1 1-25 1-10 Peoria & Bureau Valley 1-31 1-14 1-31 1-20 2- 1 National Stock Pepsi-Cola 1-16 Aviation ($0.2337 Perkins 1-27 Permanente 1-25 1- Petroleum 1-30 1-18 1-31 12-31 2-10 1-19 3.80% 2- 1 4.30% preferred 12-30 4.40% 1 1-27 Machine (From Pfizer 2- 1-16 2- 1 1-16 2- 1 1-16 1 1-27 1- 2- v Bank (quar.) (Subject Stock N. Detroit of to annual National of Bank 1-26 Y.) 5% of 1-31 1-16 1-28 meeting Jan. 1 17) 7% . $L50 . . Bank of Bank of Tulsa 12%% Westchester City Bank National Electric Welding .National (stock Stock (Ala Chemical (quar.)— Co., 4%% Telephone, England Ltd. (quar ) Fund-Certificates 1 1-10 3-15 3-10 3- Fire T™« CoTrPaTerJon")Insurance CoT(~increase- s-a) 1 2- 1 3.75% preferred com."(quar) (quar:) preferred 2- 1 1-16 2- 1 1- ' & 2-10 2- - • 1- "(quar.) 4V\% (Los 2-15 4.64% 1-31 2-15 1-31 3- 1 2- 1 5c 2-15 2- 1 2-15 2- 1 tl5c 93 %c f!5c 4-21 2- 3-31 1 1-13 1-16 12-24 1-30 1- 3 1-30 1- 3 40c 2- 1 82 Vic 2- 1 15c 2- 1 1-13 1-20 30c 933/4c 1-20 Co, : .. (N. 1-13 Smith 1-13 Soroban 1-13 South Coast 2-3 South Shore 2- 1 1 1 3-1 '4-15 7c 62V2c 2-1 2- $12.50 1-16 4- 15c 1- 6. Stock 4.90% Puritan Puritan Quebec . ; . . ; : 1 2-20 j C. (quar.) (quar.|=^- : , California dividend Public Southern , Edison, 1' approved Utilities Colorado preferred 4.72% 2nd preferred preferred 1-31 1-31 1-16 Southern Materials 2- 1 1-12 Southern Nevada 2-1 1-12 New $1.17V2 f50c (s-a) . 1-4 Southwestern 2-15 1-27 'Southwestern 1-26 ; common 12-14 '' ; 1 1- J30c 2- 52V2c 2- 5V2% .> 3 Gas 5% 39c 6c income) 12 %C 1-25 1-25 1-11 1- 5 2-24 the - r . 1-16 1-31 . 25c 1-30 12-16 >,quar.) 1-30 12-16 87V2c 4-1 3-6 35c quar.) 3-13 - -■ 5 59C 1-13 1 1-13 2- 1 1-13 $1.20 2- 1 1-13 15c 2- 1 1-11 21c / 1 2- 68c ; 2- 59C 2- 1 2- ,1. :_ ; 27 %c common Service— 1-19 1 1-19 2-15 1-31 2- 20c (quar.)___. 1-20 . 1-20 1-20 preferred (quar.) $1.0625 2- 1 $100 (quar.) 4.40% preferred preferred $25 preferred 92 %c par • (quar.) 97 %c > 1 1-20 $1.10 (quar.)_ par 2- 1 1-20 27 %c 1 (quar.) preferred preferred Special 2- 1 1-20 Common . 4 V2 % Standard Brock, Class (quar.) 2-20 Securities, 1 1-20 2-17 1-17 Inc.— 5c $1.60 Ltd., pfd. class A Stauffer Chemical pfd. 1 1-16 3- 1 2-17 t56%c 1 1-13 2- 1 1-10 1 1-10 15c 2- 1 1-13 30£ (quar.) 2- tl5c (quar.) 3- 1 2-10 ; I (Del.), 1-16 1 2- 40c (quar.) 2- 4V4% Ltd., (quar.) Corn, (reduced) 2- 56'/4c ; conv. B (quar.) com. 87 %c Stecher-Traung Steel Co. Steel Co. (Less of of Lithograph Canada, Ltd. Wales, Ltd., British income 1-10 for 1-20 1 1-18 approximately share). 2-15 1-31 2- 1-20 2- 2- 20c (quar.)__^ Dredging, Fuel, Stanley 1-20 1 27 %c (quar.) preferred Standard 1-20 1 2- $1.15 (quar & 1 2- $1.40% (quar.) Investments 1-31 40c 5 1 1-30 5c 5 1- 1 15c (quar.) 1- 2- 25c America 1- 1-31 1-31 r (quar.) 1-16 Radio (initial-quar.) 2-24 u Electric— Stanray 1-31 2% 9 1- 5 28c . ; depositary (stk. dividend) (quar.) tax $0,129 and will per 3-10 1-24 12-13 t60c ordinary payment 3-31 50% 12-27 (quar.) ■: 28y2c ; (initial-quar.) Spartans Industries Inc. 1-13 1-27 (quar.) 1-31 original California Power— Public 1- and (quar.) Drug Co., 1-16 1-23 5% (rjuar.) 1-31 65c _______ 2- 4.36% 10c dividend .1-16 $1.1875 3% ; 1-18 12-30 $1.0375 5.625% 10c (initial) 1 1-31 2-..Li (quar.)__ 1-13 t40c (quar.) 2- (quar.) 2-17 1-25 Red Owl Stores 1-20 30c common by & 4.40% 2-14 3- 1-20 2-1 4.25% 2-14 4- 1-20 1 40c (quar.) 4.60% ' 1 (N. Y.) 2-14 2- preferred 1-13 1 Realty Equities Corp. 2-21 1 preferred 1 2-15 of 1 6 2- preferred 1-13 3- (increased 33- 4.15% 1 3- Co. 1-18 3.90% ap- (quar.) Real Estate Investment Trust Co. ,2-15 12-28 2'/2c (quar>)_— preferred 1-20 * v (quar.) preferred 1 1-27 3.70% - . 2- $1.16 Purina 3- ___]___ (quar.) preferred 1 2- r 4.80% 2-1 50c 2% (Phila.) 1-16 - $1.22V2 1st 1 (quar.)_ (quar. 1 (quar.) $1.06V4 90cr Ltd. Power— 4.72% ' 5% $3.50 1-10 2- old Commission 5.44% 1-13 12-30 Rabin-Winters Corp. (stock dividend)__ Ralston 1 2-13 $30c ;___ common on 1-24 65c com. 2- J$1.25 — ^ 2-24 3-17 2-14 America, 12-30 tlOc common (quar.) 1 of 1 5% preferred 3- Corp. 1-13 2- t22c Corp. (quar.)_—,■ Oil & Development— .'4.56% $1.12 Va Stock 1-16 3-137 61c (initial) each 1-10 preferred (quar.) preferred (quar.) Co. 1-26 2-24 t7J/2c — Paper Mills, class A 2- quar.) dividend pfd. (quar.) 50c (quar.)__ net 12-30 45c for 3% (quar.) from (initial) 1-13 1-31 40c 1_. Corp. O.) Southern Indiana (quar. 1-30 ; :_______ 5% 1-31 2-14 Co. $1 3 15c ____: (quar.) 1 Can Stock y .,' ; . (s-a)— preferred 3- Inc. 1-13 held. preferred v • , R. ; 4.48% $1.05 Sportswear 1- 1-13 1-30 25C .' 1-10 (quar.) Fund, 12-30 1-26 1-30 of Canada— 1-25 2-14 Power 1-26 1-20 24c (quar.) — dividend Stock • 3- 1 preferred 3-31 t20c ^ ;*«. com. Engineering, Southern 1-6 3- preferred 3-31 4-14 J25c $1.37 V2 an 4-14 1 6%c - . __ share per share 3 1- ;■ $1.06'/4 1-19 3 - tl5c obtaining , 2- 14c _ Ltd., common (Howard) 2- dividend) J.) ,1-17 v : . 20c (quar.)_________— 2- 1 ;___ __; ' 4 35c 6c Co.— A Ltd. , (A. 1-16 — to (N.) Smith ' 30c 5% L 2- acquired by Slater Industries. Shareholders received two shares plus Ry.-— ; 1-16 40c 1 (initial) 3 > .— (quar.) 2-15 1 Slater 1-31 Haven— Power, Co. preferred Preferred 2-20 4 35c ,V Trust (subject Rap-In-Wax Co. - 9 1-16 10c _—___ ;• 2- $1.75 Puget Sound Power & Light $1.06% & Power 1 $1.25 •: - 3-10 3-10 1-31 Angeles) (quar.) Pacific 1 (quar.)_^ r 4-26 10c (quar.)_ (irregular) Common - 1-9 $1 Ashtabula & (Del.) (increased preferred 1 _ (quar.) propriate order from the Public Utilities 4.20% 10c Common Sierra 6 2- \ Commission of the State of Colorado). 9 Glass Corp. Sherwin-Williams $2.44 65c div. 1 4- of Boston— Water Mfg. 3-1 $1.25 common Gamble Common 11-21 1 Sheller 1-20 3- Provincial Bank of Canada (quar.) Public Service Co. of Colorado— 6 1 4- 27c (quar.) Trust 2- (quar.) K.), Inc. & preferred -Shawinigan 1-18 $1 (quar.U Youngstown Bank 5- 10c (From investment income)— 42V2c Edison Stock 5% 1 1 3% common, 3 1-13 1-27 31%c _ _ 97 V2c (quar.) preferred 3- 1 common B Shareholders' 12-30 2- (quar.)___ (quar.) common 3-14 Control Quarterly 1-18 15c 4% 2- $1.50 Mfg. Co.. stock dividend Provident Tradesmens Bank & Trust 1-14 York Merchandise Co. (quar.) N®w York State Electric & Gas, 2-15 2-1 2-20 1 (quar.) a (H. Procter 2-10 2- _ Quarterly York on Princeton 2 9%c * 1 $1.17 1-20 2-20 1 2- common New Sons, Ltd., Co., 3.60% pfd. 4.70% preferred B (quar.) Price Bros. & Co., Ltd. (quar.) 1-10 3 31c Optional 3- Class - (quar.) 1 1 3- 2- income) & (quar. 2- 10% "™ pfd. Neon 2-15 1- 23- Shares— capital gains)_ Seligman & Latz, Inc., Co. (quar.)____ )— I I "I™ (quar") Products of Canada, Ltd. (quar j Newberry (J. j.) Co.. 3%% pfd. (quar.)!— New Brunswick Neiman-Marcus 1 American Oil preferred 9c Insurance 3- lj' 12-27 85c (From Selected (H.) preferred $1.50 1 Series Security (From investment 2-15 2-15 Slater Industries, /Company, 4 V2 % dividend 1-13 1 Simon 4V4% income: National 1 Skelly 5V2% 60c Stock 1 3- 2- 12-27 17c — common 1-9 Development, Ltd.—: Porter Corp. distributions from net invest¬ Preferred Shops, 3- $1.10 1-20 1-31 1-31 10c B 2- . : 2-10 7%c Candy 1-9 _' 1-20 ' 2-1 (quar.) 2-10 10c __ 2-1 1-20 ' National 25c _ ' Progress "addend")"" See's of 95c 1-31 2- 50c Quarterly Nease 4-10 20c Quarterly Propane Corp. (stock National Securities & Research 1-17 1-30 . 1 1 12 %c (quar.) ; ; Shatterproof : . 1 5- 1-15 2-15 - 25c — (initial) Bank $1.07V2 . , 2-10 4% 19) 1 10c Co.— 2-28 10% (quar )_ Machine (quar.)I National Stock 4-15 divd.) Jan 2- , quarterly basis Pneumatic Scale Corp.. ■ Polymer Corp., class A (stock .1-23 35c Lead Co., 6% preferred B (quar) National Malleable & Steel Castings Co — National Placer ; Mfg.__ (Cleveland) Security Insurance Co. (Increased) (quar.) 1-10 (quar.)__ preferred Potomac & National 1-14 25c (Subject to approval of stkhfders. Chemical 1 at (quar.7— 1-17 1 Stoclt ^dividend 1-14 ' (quar.) ._____- _ National (quar.) Brewing, Pittsburgh, Now ~ National 1 2-24 dividend ment 2- 50c New Jersey of National National 2- gain stockholders 15c 2- 5-15 2- 15c t20c — preferred Quarterly 1-10 1 1 dividend^—: conv. 3 1-10 5% Banknote 2- 15c (quar.)_1 $2.50 1- 1-25 12 %c 1-25 2- ____ preferred 3 1-24 — Acceptance Corp., preferred A (quar.) 1-16 1- 3 1%C certificates common 1 1-31 1- 1 1- -___ $3.40 Co., 2- 17V2C 1-17 2- 1-24 - Extra 2- (quar.) Pittsburgh 2-10 56%c dividend)" — _ trust Co. & Co., Security-First 1-27 1-23 1-31 15c ____ ' 1-20 5% 2-15 3- 1-15 - 1-6 1-31 - 1 2-27 2-15 (initial) (monthly)— 2-15 1-31 (quar.)__ '• 10c (quar.) (stock Co. 2-1 • 50c Pillsbury Company, common $4 preferred (quar.) -1-16 2- 140c- (quar.) Detroit approval Bank capital Fetzer Security-Columbian 2-15 (quar.) Corp., 6 27 %C —— (quar.) Heusen 1- 15c __ voting Sigma Mines, Ltd. Co.: 2-10 t25c — (quar.) 1-13 Inc., 4% 1-10 2-15 50c (quar.)__ common Co. & 2-10 preferred 1-16 1-31 10c pfd. conv. 57c & Petroleum Phillips-Van 12-29 2-28 of preferred 3.90% 1-10 1-27 58c a 1 $2.50 (quar.) America— preferred Phillips . and 3- 2-15 capital gains during 1960)___- (Charles) Co. 3 1-30 7 $2.0480 per share).,. (Auburn, National Bank National div. Corp. net Philip Morris, 1-16 1 Gear & Cement 12-20 1-26 " Philadelphia, Gennantown & Norristown RR. 1-24 6c pfd. (quar.) 4% dividend Paper 5% Y.)— N. (s-a)^_ Bottlers preferred 2-15 20c Corp.— ordinary payment of National General 1-15 3 RR. : 1-31 1-25 2-15 7%c Common tl5c " Narragansett Electric Co., 4V2% 4.64% preferred (quar.) 1 14c ' — ____; 2-15 2- (Brooklyn, dividend Pittston National Bank 2-10 15c (quar.) certificates- Scnvner-Stevens tlOc Quarterly 3 37 y2c 12% Ltd. 12-30 Pepsi Cola Bottling Co. of Washington, D. C. 6c Mills, 2-10 1-31 25c (reduced)- Corp. Foresman Scott • 14c ; Stock Laboratories, class A (quar.) 1 (quar.)— W.) trust & Scott 5 (Me.)— 1-16 28c ) (increased) 3- 10c 1-20 1- 3-15 $1.16 2-10 Jersey)— . 1 Extra 1-20 $1.06 2-10 Products Co.— (quar.) Scott 1-23 $1.06 Vi' __. 1 $1.20 (quar.)_ Co. 3- 30c 30c .___ $1.10 (extra)__ $1.23% 8c 30c .__ 1 2.537% * Morrison-Knudsen 1-18 1-10 15c 1 $1.12% (New 1 12-29 2- t45c 3- $1.50 Bank 3- 5c 1-28 4c 3- 1- 2-10 $1.02% $1.37% Securities 2- ' 2-10 $1.18% 15c 20c Co. Extra 2-10 1 :— & Stock 2-10 25c : Fibre 2-10 1 3- 1-20 — (quar.) Chemical 1 3- .__ Co., Inc., class A (quar.) Schenley Industries Inc.,- com. (quar.) 50c pref. (s-a)— 1 —S 12 %c /.ntonio Voting 2-15 1-31 ~ B Scarfe 1 1-31 20c Hampshire) (quar.). 4.68% (quar.) San 1- 5 2-28 40P Voting common (quar.) Non-voting common (quar.) Peoples Credit Jewelers, Ltd. (quar.) 1-27 (Red (quar.) National Stock 1 40c (quar,) 1-15 1-25 25c (quar.) 3- , Associates, (initial) (Howard Class preferred 25c preferred Power 2- (quar.) :_ preferred 40c dividend) Class ?•> $1.25 (quar.) preferred 1-13 — Corp. Ltd. (quar.) Salant, Inc., class B (initial) & Sams 2-15 t$1.50 4.64% 5% dividend) Monongahela Power Co., 4.40% pfd. 4.80% preferred B (quar.)_i._. Montana 4.24% 10c (quar.) National Bank (stock 3 1-17 • 12c (quar.)_;__ 6 1-20 * 12-23 - 12V2C .1 2% ; 1- 1 3- 30c ' • (quar.)_ Company 1-13 1-25 $1.02% Lawrence Salant 1-25 60c (quar.) (s-a) C.) 1-25 1, $1 Sampson-Mnxer 1-23 $1.25 _ Corp. 6 45c (quar.) common Inc. Foods, 1-17 1-31 25c 7; ; 7..:/' W Fine 3-20 1-27 5% : common 3 1- $1 (quar.) Inc. 1 2- tl5c Francisco)— & Pennsylvania Power Co.— 3 2- 1-27 $1.10 (increased quar.)___ County N. (quar.)— $25 Minnesota & Ontario Paper Monmouth (J. Peoples -> 4- 45c .___ (quar.)- 1 3- 2- 20c ___ — 2% Inc. 2- 2 $1,25 7 37y2c -— 15c ._ (quar.) (stock _ 40c dividend) Co. ' 2- Bedford)— (quar.) (monthly) Minneapolis-Moline St. $1 (quar.) Minneapolis Gas Co. 3-20 7C (New common 4- 1 40c (quar.) (stock 12-27 50c Michigan Central RR. (s-a)__ Michigan Gas & Electric, 4.40%. pfd. (quar.) Piping $1.18 $1 .— $1.18% Lines Terrazzo Traffic Penobscot ,^_____ Motor S .\vv: 4.25% >r.,y,..■■■ Fast Microdot, 1 (quar.) (quar.) National Tile Midwest 3- (quar.) common A 1-17 (quar. )_^__ Extra (Worcester, Mass.) Quarterly Merchants 1 ■ 30c Corp., preferred preferred Merchants 1 3- ,____ 1 (initial) Chemicals Penney Nassau Semi-Annual Melville 1-20 $1.06 V* of 2- ^ preferred Penn 12-20 2- I.)__ National Bank 3 1 42 y2c 25c $1.16 3- 3-15 30c (quar.) (quar.> Electric, H.), Ryder System, (C~.~ jTr~5~%~~pf~d.~7fua~rJ~~~II~~~ Tube Pennsalt 2- 37y2c McQuay-Norris Mfg., (quar.) Mead Corp., common (quar.) ____ 4V4% preferred (quar.)______ Rubbermaid, 1-16 (quar.) (New 3-10 3 1-17 tquar. Co. 1-12 (initial) Togs 1-16 . Penman's, 1-10 1-16 2- 10% . (quar.)_T Russ 2-15 2-15 Airways Co. ' McKay Machine, 2-10 2- 2 (San Quarterly 1-31 2- 25c (quar.)_ 3-10 (William 27Vic (increased) Vpqt-PDH 1-16 3-30 $2.50 (quar.) Rorer (quar.)_: World 2-15' 2- 62y2c (quar.) 1-18 (quar.) Electronics Economic 1-25 dividend t$1.75 ; Bell common Mills Corp. (quar.) Increased Palestine 55c (quar.) 1 t25c 1-12 93 %c (quar.) (quar.)— pref. 60c Corp. Pacific $35c Ltd Co. 2- 1-20 2- 1-25 3% ___ Broadcasting Corp. ____ preferred 20c ; Ronson dividend) 1-16 Parke common preferred McCormick $5 20c (quar.)_ (quar.) Corp., Paper, (stock 15c Co. & 1-10' 2-20 capital gains.) McCabe Ltd., Fiberglas Oxford Packard Investors Trust 1-30 i Express, Electric 1 3-10 22 %C (quar.)__. & Aircraft Stock (quar.) 1-27 20c (Oscar) Co. 2- $1 __J___ dividend com. Company 2-10 Quarterly Mayer Elevator A Rice com. (quar.) , (2-for-l split) Indemnity & Life Insurance— Rohr — _ Utilities, 1-26 15c Company Massachusetts Otis 1-13 25c __ Outlet 1-13 2 y2 % stock dividend Corp. Massachusetts 1 62y2c (quar.) Moore Corp., 2- Ltd., 2-15 dividend) preferred K (quar.) preferred L (quar.) 5.50% 20c preferred B (quar.)___— preferred D (quar.)— preferred E (quar.)___ Oxford Mallory (P. R./ & Company— 5% pref. A (quar.) Manning, 1 1-27 30c ._ 4.75% 3-16 (quar.) 1-13 (quar.) (quar.) preferred A t25c priority Chemical preferred X25c (quar.) 1-27 ; Orange & Rockland 4.65% 25c (Chicago) 1-11 6 Providence, (stock preferred H (quar.) 3%% preferred I (quar.) 4.10% preferred J (quar.) Rollins ; 1 3- preferred F (quar.) 25c Life Insurance Co. $1.64 Mailman 4% Electric— & Mathieson Ontario1 in- on participating class A (increased-quar.) Republic Olin ($1.49 from net realized long- net — — Gas 1 2- 65c 4.10% ;__ (quar.) Quarterly gains on investment plus 6.55 cents investment net income & 8.45 cents from Co. B Common Old (quar.) A Shoe Oklahoma 1-20 2- 15c & Co.— preferred term 1 131 y4c (quar.) preferred (quar.) VTC_! Common National Corp., 1-31 1 & Brand 1-1 if 2- 59 %c 3% Corp., preferred 4.95% Class 2- (quar.) Corp. B Trust (quar.).,. Chemical & Inc,, common (quar.) 3%% preferred (auar.) Truck Common 1-13 117c class A Hospital Island) Diug 1-10 1 Rich's, 1-16 Inc. Island Rexall 1-25 2- — (Rhode 1 1-12 $1.12% Reynolds 1-13 2- 1-27 1-27 $1.19 (quar.) 1-13 2-17 6 25c 12-23 37Vic 1-16 2- 50c (s-a) Corp. preferred 25c Utilities, Ltd., 4% pfd. Lines, Inc. (Ohio)— Northwestern 1-20 dividend 1st 25c Wire 1-16 1-31 30c ,__i 1 Cement— Steel & (quar.) 1 Quarterly 1 Supply 5% Portland .1-16 2- 45c 2- _ States 1-16 1 Engineering (quar.) 2- (quar.) A 1 2- tlOc & 2- tlOc (Calif.) (quar.) Reynolds Aluminum of Canada— 55c Northwestern 1-10 (R. H.) New 2- __ 1-10 1-15 participating New Republic 3-10 $1.25 (quar.) common 30c (quar.)__ $1.29 ._. from . 7-13 $1.25 Y. 1-10 1 A New 8-1 $1.37V2 N. 1 1 Madison Fund -■ Republic Service 20c ; of Co. 1 2- 4y4 % * 4-13 _ (quar.)_ 2- 2-15 5% , 1 Stores 12-21 12-28 60c (increased) common Ltd., 37y2c (quar.) 2- 2- Macco - 5- 35c $1.24 Old 5% Reliable dividend 16c Lynchburg 4% 1-12 (reduced) common (quar.) Stores, Macy 1 30c (quar.)__ $1.04 (quar.) (quar.) preferred (quar.) Breweries, Ltd Stock R B Stock 20c Lucky M 2- (quar.)_ common Engineering Northwestern • pfd. (quar.) preferred Northwest 1-14 62y2c _ preferred Lager 4.96% Lucky Reliance Electric 15c (quar.) 1-31 &• Light— preferred 1-19 15c Corp., 1-31 — (quar.) 2-10 ____ Corp. Gas, A Payable of Rec. Share (quar.) Canada, (quar.) 15c $1.20 Car 12c Power 4.16% Gas, 18c *—- series Telephone Louisiana & $0,095 series Lighting Co. (quar.)_— Longview Fibre Co. (increased quar.) Lorain Coal & Dock, 5% pfd. (quar.) 4.44% „ Oil American (Mass.) preferred 25c (quar.) Nortex (quar.) A .*___ (quar.) (quar.) t60c Island Lorain (quar.) 8 series Growth Insurance preferred 2- Fund— Balanced Long 6% 8 154c preference preference Star 2- Corp. 5% Reitman's Class preferred 1 (quar.) Groceterias, Ltd.— Participating 1 Reece 1-16 Holders When Per Ry.— adqjustment Monday, January 23, 1961 . Name of Company 1-6 2- . \ 1-13 1-26 3- preferred 2nd 1 2-1 12M2C ti2y2c (quar.)— 1st 3- *12y2c (quar.) class A Ltd., Class $1.50 5c 12V2c 4% • Cos., Loblaw (reduced) (quar.)___ (quar.) Western & of Rec. Co. C.) (A. Holders Payable Cloth No-Sag Spring Co. depositary per Wire When Share of Company York Nielsen British income tax and expenses depositary, payment will amount to (Less Lone Per Name New . (final l_ 7%% 1- 2: 1 2- 9 ,<• 6 12-29 expenses amount to depositary Continued on page 50 Volume 193 Number 6023 . The Commercial and Financial Chronicle . . (387) Stock Record from the New York Stock DAILY RANGE OF PRICES Range for Previous 40 Sep 59% Feb 40 20 134 18% Mar 26 23 8 44% Dec 15 10 8 42% Jun 29 ABC 52 Jan 15 ACF 17 Dec 5 6 Acme 25 12 Jun 23 34% July 15 16 Dec 6 23 30% Mar 9 7 23 % May 31 28% Jan 17 Sep 21 23% Jan 2 29% May 11 38% Dec 29 17% Dec 3 22 % Nov 71 3% Feb 14 47 Jun 98 Dec 19 10 Oct 22 Oct 31 40% Mar 23 9% Oct 28 20% Feb 59% Sop 29 85 28 28% Dec 30 35 Jan 30 3% Sep 27% Jun 16% Nov 17 22% Apr 53% Dec 8 11% Oct 18 85 15 79 2 77% Jun 12 Sep • % Jan . 28 15% Nov 28 54% Nov 18 33 7. Jun Dec 89 30 102 Apr 12% Feb 10 ",9 17% Dec 8 53% Jun Aldens 17 13% Jan Alabama 45 Jan 56% Jan 4 27 42% Aug 19 12 100 6% 8 Allen 59 Jan 4 12% Dec 20 17% Jan 4 Chemical Corp Allied Kid Co_ 44% Feb 32 May 31 39 % Jan 6 Allied Mills 11% Jan 5 Allied 14% Feb 4 11 24 6% Oct 41% Sep 24 26 58% Jan Dec 11 Jan 4 17 38% Sep 1 22 Oct 26 40 Jan 28 29 127% Sep 39 % Feb 1 95 Nov 15 132 Jan 28 83% Mar 17 8 75 23 22% Oct 24 1 39% July 15 28% Sep 28 77% May 11 39 Feb 12 115% July 24 51 Dec 10 84% Sep May 22 69% Nov 25 27% Dec 22 61% Oct 56% July 17 106'A Feb 5 Alpha Portland Cement-. Aluminium Limited 4 26 108 Jan 4 47 Feu 29 69 Dec 30 Dec 23 22 % Dec 30 35"% Jun 55 Aluminum When Amerace Amerada 6 Sugar Corp Amer Agricultural Chemical American Airlines common 35% Apr 30 26 31% Jan 23% Nov 18 33% Apr 9 4 160% Apr 50 % Sep 9 17% Apr 26 91 Nov 28 25% Jan 10 106 % Jan 27 3%% 2 34% Dec 13 447/sJan 18 American 18 4 44% Jan 4 American Bank No Bakeries Co 42% Jan 32% Oct 2 7 46% Dec Jan 2 23% Sep 22 45 % Jan 2 64% May 29 39% May 6 68 M Aug 3 18 - 30% Oct 57 Oct 13% Oct 18 21 convertible 2— 33% Nov 20 19 7 20% Feb 11 Jan Jan 4 American Bosch 7 American 7% Feb 14% Mar 18 13 40% No-v 13 15% Sep 47% Jan 17 23 20 Nov 11 13% Sep 1 43% Jan 4 American 38% Aug 23 51% Jan 13 American Chain 77 American 2 30% Dec 1 40% Mar 2 35% Dec 14 61% Aug 29 55% Apr 7 28 401A8ep 44% Mar 17 20Va Dec 29 25% Sep 14 16 37l/2 Dec 24 - 84 Jan 15 ,106 46% Sep 17 44 46% Mar 22 Jan ,2 J6% Nov 9 , 25'A Oct 30 8% Nov 27 31 36'A Sep 26 28 89 39% Oct 21 59% Jun 23% Oct 25 46% Jan 21 30% Dec 30 46 . Feb 9 July 27 - 45 , 28 , 4 .. 34% Apr 15 "* 18% Jan 22 17Va Dec • 38% July 21 193 Oct 22% Sep 12 25 15% Dec 23 18% July 20% Jan 17% Dec 83 Dec 3 29 45% Oct 15 30 41 313A Sep 593A Apr 34% Jan 30 26 58 % Jan 6 16 20% Jun 1 273/a Jan 15 98 22 86% Jan 14 92 Va 8 823/4 Jan 22 13 Oct 31 28% Jan 16 18 133/4 Oct 21 18 Dec , 17% Dec Sep~21 86 73% Apr 38% Nov 63 Va 0 64% 4 13 Sep 22 137 Dec 22 31 Dec 18 41 Va Sep 9 41 Ma"r~3 21 11% Nov May 1 138 Va Jan 17 133A Dec 133 Dec 30 64 Dec 29 117 % Oct 5 148 Va Mar 20 63 % Mar 125 15'A Mar 26 Jun 34% Dec 3 Mar 133'A Dec 9 54 12 117 30 213A Oct 59 6 Jan .43% Mar 35% Feb 18 27% Mar 15 75 Va Sep 22 89 17 79% Jan 2 61 'A Oct 4 - 25 51 Va 129% ■ Jan~20 553/8 July 29 13% Mar 12 17% Dec 25 % Nov 29% Aug 27% May 23 24 Va NOV 4 14% Jan 2 19 % Oct 7 1 26 63. Dec 23 46% Mar~ 13 58% Sep 22 74% Mar 17 10 Va Dec 1 60% Mar 18 Feb . 3 Dec 86 34 17 Mar 4 38% Oct 20 ; Jan ./ 36% Jan 6 14 30% 30% 31 30% 31 30% 34'/a 34% 34% 35% 34% 351/4- 69 69% 66% 69V4 64 64 - 71% 74% 29% 297/a 17% 16% par 42 43% 42% 43% 44% *19% , j-16% 17% 16% 17% 43 42% 42% 43% 40 % 41 61% •60 ;42% • . 36% 36% ; 36% 36% . 37% I ♦41 41% 61% *60 61 Va 100 .16% 17% 15,600 42% 42% 5,000 43% 43% 43% 43% 43% *19% 20% *19% 20% ♦19% 8% 8% 8% 8% 8% 8% 37% x36% 20 8% 44 43% 43% *19% 20% 20'A v! -.8% 9 9 37% 36% 36% 36% 36% 36% 37% 37 36% 37% 37 37% 37 Va 37 Va 46% 46 46% 46% 46% 47% 47 % 1,400 74 76 73% 75% 71% 73 71% 71% 72 72% .4,200 20% 21 20% 21 21 21% 20% 21% 207/a 5,800 par 10 *41 % 10 42% 85% 47% 30% 30% i V'60% ■■ ,. 35 , 19% V.- 41'A 46% 30 % 30% 30% 30% 41% 47 y« 31 61% *84 , 62% *84 86% 413/4 *84 * V A 46% 86% 129% - 3Q7/a 61% 61% 62 623/8 23,700 20% 21% 21% 23 V 23 ' 233A 6,300 35% 35 35% ♦35 1 36 19% / 61%' 35% 19% 19% 19% 19% 19% '19 %" 9'A 9'/a 9% 9% 9% 9 28 29% ' A ; 61% 1,200 - 19% 3,700 9% 9 Va 33,600 30 283A 29 183 187% 187 1843/4 187 67 68% 68% 69% 69% 70 68% 69% 20 *20 20% 20'/a 21 20% 20% ; 20 20%". . . 30 29 % , 184 - , ■ 29% . ... 185 185 ■ 4,000 ■* ' 8,400 - 24,900 1,900 2,800 273/8 81,000 91 111 38 26 Va 37% 38 26% 26% 16% 15% 16 15% 153/4 17 17 16% 16% 16% 163/4 92 17% *91 92 *91 92 102 •101 15% *16% 16% 18% 17% 17% 17% 18 17% 80% 79 Va 80% 81% 82% 82% 833/a 35% 36 % 35 35% 34 35 Chem—No Sany 56% 54 56 55 56 54% 553A 83% 81% 83% 83% 87% 85 45 13% 100 13% *141 10 44 37 13% 143 44 44% 140 13% 13% 141 1 140 •140 15,900 55% 853A 45 Va ♦140% 142 4,700 453A. 13% 133/4 13% 133/4 140 188,700 36 55% . 18% 84 3A 83 Va / 46 Va 45 6,100 22,100 * footnotes, - 133/4 38,500 90 373A 363/4 37% " 37% 16% 16% 17 17% 163A 17% 16% 17% 16% 16% 55 Va 55% 55% 55 3A 55% 553A 56 57 57 Va 57% 139% 140 3/4 *122% African Steel Stores Tel 140 . 60% 37% 61 125 36% 37% 140 27'A 26% 29% 30 29% 36% 140 Va 61 *122 Va 26% 1 Co 1403A. 60% Inv Co Ltd—£1 Foundries 613/4 *122 Va 139% 62 125 125 26% 25% 26% 25% 26 9,900 29% 29% 303/a 29% 30% 6,300 2,600 81% 82 81 82 80 333/a 32% 343/8 33 33 Va 303/4 30% 303A 30% 30% Co 33% 106 Va 106% 106% 106% 107% 107% common 12.50 673A 100 Tobacco 123'A 25 44% 45 45 com—5 21 % 213/a 213/a 25 *28 % 25 *26 preferred Viscose Corp series series 69 68% Jan 15 Anaconda Co 54% Jan 11 Anaconda Wire As Cable AMP Inc endorsed shares S 1 22'/« 46 3A Common 36 693A 123'A 123 123 % 1,030 47% 45% 47 46 463/4 112,500 213/8 21 Va 21% 21% 22% 22% 22 Va 8,800 29 *283/o 14% Anderson Clayton. At Co__ 21.80 Anderson-Pilchard Oil Corp„—_10 683/4 43% --363/4 . - ■ 37% --47% ' 463/4 35% ' *90 , 283/4 37. ■ 1; * 47% 263/4 143% 14% 71% 70% 72 % 22% 21 % 22% 21 45% 44% 45% 44% , 100 3,400 - . 733/4 12,100 213A 72% - 100 , '26% 14%. ' • : - 184,300 45% 11,000 ' 46 Va 473/a 46 % 47% 47 35 36 36 37; 37 • ..* 47% ; 38 39,300 1,320 ¥ 36 v 29 26% 14% , 31,000 ' 433A 34% 373/8 "92 ♦90 29 29 •28% ; 70% 693A 693/4 123% •26 V 143/a 21% 22% 42% 46 363/4 26% 143/a 69 69 213/4 • 69 29 *26 26% 143/s * / 6.25 6,600 4,200 111,900 * 1233/4 • * i %4 preferred —.———-—No par 109% 108 108 683A 69 Va J 31 -46'A "473/8 \ 333/a 30% 123% *26 43* 50 79% 33 303/4 46 3/8 22% 423A Nopar Corp— 79 Va 33 Va 30% 69% 14% 69 80% 33 1233/4 *28 Va 26 Va Ampex Corp SO ..' 68% 29 v 81% 123 "A 124% 14% & Smelting—1 — 26 % 30 Va 107 61 125 293/a 313/e Tel & •60% •122'/a 26% 1 .. 1,070 1,800 140 62 125 29% ■ 25 . 8,300 10,900 13,700 38% 140 140% 62 •122% 25 6 47% '• • 36% 35% •90 92 37% "47% :■ 36 36 36% ;• *35% 92 1 *90. : 92 v* ; *91 21 37% 47% 4TVa 37 - 36; :• 92 .; .1,400 , . 37% 373A ; 37% - .9,200 ' \ : ; * 47% 47%. . see page 26, 16,400 ». 142 Ship Building Co—No par Smelt & Ref'g com_No par Co 800 18 .. 45'A - 83 Va ' 87 44 par 5,200 34% 81% com—5 — 18% 56 , 100 15% 16% 36% . 40 15% 79 . 29,000 16% — 36 . 60 88 85 15% ■ 25 par 103 87% *83 No par 1.66% _ 1 Std 38'A 26 16 Co Si 37% 2 Co — Rad preferred 27% 100% 100% 1 Gas Potash Si 38% 26% — *84 ♦91 Corp Optical 88 Va 85 Va com—1 Co Co 100 Va 87% *84 -47 Va ■.■47.%:/ V . For 4,000 20% 72 Amphenol-Borg Electronics Corp—1 * 10 38,800 35% * " 800 / 86% 47 34% 185 *' -■20 2,500 20% , ,28 "r 20% 41% 47% 9% 27 .. 41% 46% /w ,.19% ..* 9 Va 41% 86% 47% 30% 20% 34% 41 % *84 -46% 1 6l%,. -,20% - 41 .- 85% 46% ' " 58,000 - 39% Preferred 5%% 44% Aug 12 13,100 10,900 • 91 Preferred 6% 5 400 263A American Zinc Lead 28 4,100 41 46% Photocopy Equlpm't Co_No 6% 1 13 17 , 36% 383A American 46% Dec *60 92 30% Dec " 60 % 46,700 27 31 3 39V2 60'A 8.800 22% III 38% 42% Oct Mar 37 39 % '40% 29% 22'A *104 36% , ; 29 % 22% 111 26 17 ? 30% 29% 22 % *104 200 38 55% Jun " 28% 22% 111 - 26,200 •91 7 17 29% 22 *104 75% 36% 100 17 Feb 28% 22% 111 17 Machine & Metals-No par 24 36 29% 21% *104 74% 37 preferred 20 93% Oct 29 Va 22% 111* 74% 84 American 44 Va July 73 300 88% Jan 5 73% 1,700 87% American 18% May 17 73 % Jun 17 12 72% 47 % 83% 19% Oct Jan 73% 47 % 87% 28 31'A Oct 72% 47 85% 27 85 47 ' 86 33% Feb . 47% 21% *84 30 42 % Mar 47'A 62 % *99'A 27% Sep 45 ' 47% 25,900 62 % 85% 29% Sep 7 47% *20% 21% 87% American Water Works Co 8 *21 '' 100% 20 26 22% 86% 23% Jun Feb 66 *99 % American Mar 69% *64 *21% *99% 16 14. 68 Va 65% 22 % , 60% 3 American Sugar Refining com 7 ft preferred 130% Aug 31 4 69 % 65% *21% 47% 22 — _ 65% Dec 4 68% 66 22, 4,900 129,400 prior preferred— 100 Mach Si Fdry com 3.50 preferred —100 Amer South 23 100 30% 34'A 2,400 Anchor Hocking Glass 41 % Aug 30% 33% 4,500 44% Dec 25% Mar 2 47 July 28 95% Apr. 9 31 34% 143/4 108% Dec May 19 32,000 101 % 21% American 30 3A Aug 26 4 100 26% *101 7% preferred 100 American Snuff Co common 25 6% non-cumulative preferred_100 3 31% Feb 101% 143/4 American Seating 4 82% Feb 10 *101 21% 32% May 11 25 21 51 Va Nov 26 101 % 14% 15% Jan - 17 30% Sep 33 117 ~ Jun *101 21% American 20 105 101 % 14% American 4 38 Va Jan Sep 28 *101 101% 47%" 82% - 20% American 34 Jun 22 16 26% 14'/a American 21 18 21 Sep~22 82% 26% 46% 21 14 Aug 28 Jan 82% 26% " 14% American 144% Aug 25 62% Aug 24 72% Dec 37 *81% 26% 1,400 7,200 6,800 9% 20% 12 126 27 Va Dec 117 47% 82% 26% , 14% of Motors 8 267a Dec Apr 47%' 82% 1,900 38% 9% 47% Corp American 9 » 27% *104 No par Molasses Mar 37% 9% 82 40 12.50 American Feb 25 Jan Dec 14 8% 26% 73% , —»>',•- 5 35% Aug 18 1 42 14 8% 60 46% Products 1% 31,000 36% Co Metal 3 56% 82 - 10 American 145 % Aug 24 56% 36% Co 26 Aug 12 16% Feb T 28 Va Oct 1 27 48 % 56% 20% Natural 24 56 27% 46% 10 Climax Inc Amer 55% 82% 70 100 Metal 14 1,000 54%' 14% News 853A Dec 17 % *95 20% American 11 17% 60 % Co American 20 17% 14 % American Jun 17% 21 1 67 97 17% 14% 18 14 95% 17% 20% 30 Sep 8,700 95% 17% 55 1 29 Va Apr 44 95% 17% 25 _ 82% Dec 18 , 33 Va Oct Mar 17 56% Feb Aug 43-% 98% 48,700 par No No Co 22 Apr 43% Apr 43 Va Apr July"! 18% Apr 152 Ice 55% Mar 23 14 26 38% Jan 4%% 43% II 1 American Aug 15 43% 48 22 American 3.90ft 42% 47 Investment Co 19 42% 48 % 15 23 13,000 42% *93 14% International 86 % Dec 10,900 40'A 10% , 38 American 4 " 34% 40 14 American 14 34 40 38 18 76% Jan 11% 36% 39% 14 24 Va Jan 49 % Jan 10% 34% 40 38 2 17 11% 35% 8% 20 May 19 10% 33% 38% * 13% 69% 5%% 16,000 85 % 37% 183% American 3,800 56% 8% 1 9 13% '55% *83% 13% 14% 2 9 13% 55% 85% 37% Products 16% Jan 13% •83% 54 40 American Hardware Corp 20% Sep Sep 91% Dec 6,500 •53% 8% Hospital Supply Corp 103 33 13% 14% Home 4 32% 5,300 55% 37% American Jan ; 85 % 8'/a American 94 *92% 36% 18 14 1J3/4 Jun 95% 32% 14% 17 Va Feb 2 42% 32% 38% 14 21 30 42% 62 Va Dec 21% Sep 24 Va Dec 42 - 198 Va Jun 15 25 Jan 10% 4 . 8,500 37 Vs — Cable & Cyanamid 6 13% *83% 39 ;• 33% 54 85% 33%' - ?4% 32% 53% ;' 54% *83% 10% 13'A Oct 0 14% 38 % 16 "/a Jun May 27 33% 13% V 47% par 11 •"'*! 32% 55% *63 American • 13,500 7 12.50 common American Electric Power American Enka Corp . > 4% 4% ! 14,000 * 30%/ European Secur Nopar American Export Llnea Inc—__40c American Si "Foreign Power__No par 89 Va Dec Apr Co American Distilling ' 4 33% 6 Feb 84 1 383% Jan Can preferred— American 8 9% Jan M 52 3% Nov 9 763A Dec 105 4 Jan 31% Mar 15 0% Jun 20 36% Mar 14% Jan 30 33%Jan 42 . 7 142% Feb July 27 I 8.400 4% 4% . 33 % 1 American 4%% prior preferred 5 Mar 30 82% 1 Barge Line Co Crystal Sugar com 59% July 18 17% Sep 27 Feb 44% July 82 20 common Amer Commer 14 65% May 18 - MRr 13 122 11 81% Jun Inc preferred American Cable Si Radio Corp 27 May 28 __ . 20 25 Dec 24% Jan 26 Sep 2 65% July 28 . 45% Oct Oct Theatres 1% 83% __2 No 5% / 81% 10 Corp Co Chicle Co July 28 ■■-■■/; 84 4% 1 Broadcasting-Paramount 46% Dec 6 50% Jan 2 Arma 4 8 - No Brake Shoe 19 Jan 82% 80% 10% 101% 100 common 30 25% Mar 7 82 10% 85% 267/a No par 1 preferred American 20% Jan 12% 26% 10% 50 Note July 12 517/a Jan 24 35% Oct 12% 26% 10% *82 Par preferred 63 6% 13 27% 48% 12.50 117% Nov 23% Oct 12% 10% 48 1; Petroleum 7,100 20,700 26% 8 • 5,900 10,200 12% 14 % .—No par Corp 90% 38 < 100 Co 88% 91% , - . . 11 17% 10 25% 35% 27 .•54% No par 1 America of issued 78 % Jan July 25 Co Amalgamated 50% Mar 15 21 preferred 33% 12% 17% 10 common 21 25% 10% 54% 100 Mfg 20% 35% 25% 39% 42 Corp common—No par. convertible 20% 26% 34% 11 33 *92% 5 preferred 4.08% 20% 11 82% '" 4% 10% par 24,000 32,900 12% 24%'* 25 1 No ^ 17 25% 92% 13,100 47% 11% 39 S 89% 36% ' 100 i 25: ;,' 9 Corp Allis-Chalmers 36% Apr 13 35'/a Jan 19 44% Sep 4% 1 Inc Products Allied Stores 13 38% Feb Industries >■ 91% 33% A34% gtd—100 Allied 61% Jun 36 52%- 5 22% Jan 5 20% 26% *83% - 1 25 16% 25% 14% .' 14% 10 Allegheny Power System Allegheny & West Ry 6% 47 17% 20% 32% ;v 1 preferred 36% 48 % 35'A v.:. 4% 100 common 27 22 37 Corp 37% 16% 26% ; 80% V K 5 21% Mar 20 4 32% Sep common preferred— convertible A; ' 1 Allegheny Ludlum Steel Corp— May 27 20 % 200 7' 14,700 110 47 35% 11 2, Inc_____ Sep 27 Jan Corp— 15% Oct 8% Oct 104 Inc Alleghany 6 28 Gas Products 4%% 5 25 No par 2 Industries Feb 90% Jan 22 •2 % Jan . J 46 Dec 36% Dec 15 A Alco 33% Jan 28% Aug 25 30 Dec 14 *104 36% , 50c Inc •• 17% 26 " 24% Products 108 Shares '• 60% 45 60 47% 34 1 Corp Control ' 16% 12% Reduction *104 *44 % 60% 46 : 26% 12% Aeroquip / 44% - the Week Jan. 20 ■ 37% 34% 12% Air Sep 20% 109 Friday 1 36 26 1 Air 3 ♦105 17% 90% 4 Aug 26 44% 59% 47% Admiral 1 45% 60% 36% 94 Corp Jan. 19 33% - _No par Sales far Thursday 59% 108 91% 24 84 1 _■ PRICES *44% 46 - 21Va SALE * 17% 45% ; 47% 17% "17% 20'A HIGH Jan.18 36% Addressograph-Multigraph Corp_2.50 4 8% May 11 Co Corp *104 ' AND Wednesday 61% > 60 37 1 *44%- 46 ' '106 36 10 Express 62 106 25 Inc 44% 61% - :* 1 Inc. Stores 7% Jan 9 !_ Tuesday Jan. 17 44% 5 Co Jan 28% Oct 8 17 Steel Adams-Mills 4 32 % 60% Aug 31 38% Apr 24 19 Industries 32% Aug 26 19% May 12 w- common ' Jan. 16 preferred—100 Vending Corp____ 38% Feb 18 32% Jan 44% Jan 23% Jan 6% Mar 19 9 23% Jan 24 convertible Adams 17 20 Apr 91 % Mar 10 Sep 22 4% 4 16% Apr 63 ; Monday Par 1 ACF-Wrigley 32% Jan 57 Aug 17 23% Jan 2 35 % Oct 4 2 Sep Abbott Laboratories 69 % Jun 114% Jun 23% Mar 16 LOW STOCK Abacus Fund 7 12% Nov 26 21 26 26 Jan YORK EXCHANGE 98 % Mar Apr 24 27% Dec Oct NEW Highest Mar 50 47% May 8 84% Apr 28 9 108% Oct 46% Nov Range for Year 1960 Lowest Highest 1 FOR EVERY LISTED STOCK STOCKS Year 1959 Exchange WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES Lowest 15 ...» — - ; -- 9,000 16 The Commercial and Financial Chronicle (388) Monday, January 23, 1961 NEW YORK STOCK EXCHANGE STOCK RECORD 18 *8% Nov 27 40% Jan 7 04% May 5 July 20 23va 26 28 % Jan 4 42% Feb 19 Armour 53»/2 Dec 21 Armstrong 77 57 Sep 28 19 Sep 7 37% Nov 24 9 49% Nov 25 39 Jan 86% Apr 7 75 Jan 13 831% Aug 26 28 % Oct 44'/a Jun 9 12% Oct 24 10 20% Jan 11 191/2 Oct Sep 26 25% Aug 22 16% Oct 24 27% Jan 17% Nov 23% July 16 20 33% Oct 28% Apr 15 2 26 Aro 4 5 29»/4 Jun 44 Feb 13 60% Dec 30 56% Jan 99 Sep 25 69 Nov 107% Mar 31 88% Jan' 2 27 Dec 75 9 106 49 % Oct 10 63 27% Jan Feb 100 Constable Corp— Industries 8 20% Sep 27 lOVa M'ar 4 91/4 Jan 7 28'/a Dec 18 33 % Sep 11 28% Feb 38 % Nov 10 92 Jan 6 791/2 Jan 47% Feb 17 62 % May 25 401/2 Mar 58% Feb 39 % Sep 16 53 % Apr 17 31% Jun! 43% Dec 74% Jan 3 16% Feb 16 96 24 24% Feb 21% Jun 9 27% Jan 13 23 % Nov 20 28% Dec 7 10 % Jan 7 37% 3774 40% 40% 40% 40% 8,400 68% 69% 67% 68% 68% 69 69 69% 63 Vb 69 7b 12,000 39% 40 % 39% 39% 39% 397a 3974. 4C Vb 40 41% 53,800 56% 9,600 38 6,500 ' 55% 56% 55% 56% 54% 55'% 541/2 56 Vb 56 79 79% 78 % 80% 80% 80% 80 80 Vb *80 34% 35% 34% 35 34% 351/4 35 35% 35 15% 14% 14% *14% 151/4 "14 15% 21% 22 % 21%' .21% 21 Vb 21 Vb 21 21 'V 21% 22 221% 217b 227 b 22 22% 227b 2274 "14 21% 21% 21% 21% *21 ' *141% 81 1,700 35 % 5,900 20 15% ■ 2,600 . ; 2,500 23 22% 22% 22% 22%- 227a 227b 37% 37% 37% *36% 371/2 3674 3671 *37 37% 1,100 1 707b 71V4 70% 71% *70% 71 7C% 70% 70 70 % 2,100 -100 1037-1 103% 104% 10474 104% 1047b '104% 105 105 % 140 10 5674 57% 5674 577a 57% 57% 57% 5874 5,500 2474 257b 24 3 4 25% 58,600 1 preferred- 1st 17,300 : Aug 29 4% 4 Atlas 5% 26 96% Jan 26 I 20% Jan 4 Oct 12% Aug 16 24'% Jan 31 20% Oct 11 Automatic 11% May 11 17% Aug 18 Avco 18% Dec 30 19% Dec 30 Avnet 4'/s Aug 16 17% May 25 7% Jan 5 974 9% 974 37 Vb 3774 37% *82% 85 Vb *82 Vb 9% 7,800 38 3,200 •45% 46 % 45% 46 Vb 46 47 46'% 47% common 10 45 % 46 Vb 45% 457b 45% 46% 46 78 47% 47 % 48 100 .-1 20 77% 777a 77 Vb 777b 777b 777b 777b 77% 777b 78% 1,140 — 88 167b of Amer_2.50 *82% 3 Vb 147b 88 Vb 16% 85i%: 3% 3% ,14 va : 14% 14 87 % 87'% 87 37b 467-4 ' >14 88 85% % 47 7,900 55,200 • 88 3% 30,900 14% 1,000 9074 37b 3% 14 3,300 16 Vb 17 1774 17% 1774 22 % *21 22 22 Vb 23% 237b *21 35 35% 50,000 14 14% 48,500 18% 19% 40,300 33% 36 34% 36 % 35% 36% 35 Vb 147 b 14! a 14% 14% 147 a 14 14 1774 18 Vb 177 a 187a 187 b 197 b 187a 17 Vb 367b 14% _1; 5c Corp 16% 22% *22 ($1.20)—No par Electronics 14 Vb 80% 3% 14 Vb 85% 14 Va par — 37«. 3% * 20 common——No Canteen Co Corp 97a 377a '-.37 preferred- prior pref 52% July 11 Mar 11 21 25% 9% 97 b 37 85% Co__ Nichols Conv 24% 24% 9% 36% *82% common Powder Atlas 24 % V: 97 b 37% 97b 37 85 Va preferred Austin 105 *82% Relining Corp 57 —100 '!—No par — $3.75 series B 15 24% 24% preferred—10; Atlantic Coast Line RR 6 % Jan 10 — preferred Atlantic 5674. & Santa Fe— City Electric Co com—4% Atlantic 15% Feb 66 July 29 Co non-cumulative 5% 29 Dec 3 11 27 10 % Aug 13% Dec 26 15% Nov 37 % 40% 37% Topeka 18 15% Jun 68% Jan 37% 39% 22% Common 24 29 80% Aug 8% Jan 37 % 39% Refining Common—1 & Investment 88% May 11 86 % Mar 37% 39% preferred $1.50 series—No par Dry Goods Corp— 5.25% 5 32% July 31 Shares > 37% 2.50 Associates 4 17 28 Jan. 20 39% par Inc Common July 18 Jan 29 5% Oct Friday Jan. 19 38 —__1 5 2.50 Equipment Corp—-—^ 2nd 21 9% Dec 74% Dec the Week xhursday Associated 34% Nov 80 No __ Co__ Atchinson 10 Sales for PRICES 37 Co common--——1 Rubber Ashland Oil 23% Jan 18 40% May 19 SALE 39 Corp ——10 Co (Del)—— 5 Cork Arvin 37% Jan 25% May 15 HIGH Jan.18 5 preferred $3.75 Armstrong 5 1 2 11 19 & Arnold July 25 Jan 31% Feb AND Wednesday I 7 Jan. Jan.16 par No Corp Steel Armco 23 35% Feb 75 Oil Argo 29 May S3 Par Archer-Daniels-Midland 4OV4 Jan 39% Dec 80% July 29 Tuesday Monday ' 20 30% Sep 11 49% Feb STOCK YORK EXCHANGE Highest Lowest Highest Lowest NEW Range for Year 1960 Year 1959 10% Nov LOW STOCKS Range for Previous 19% % ; 6,500 1774 22 400 B 8 Babbitt (B T) —1 Inc 1 30 % Feb 9 42% July 24 27% Oct 5 37% Jail 4 Babcock 13% Jan 8 18% Dec 17 11% Oct 31 17% Jan 4 Baldwin-Lima-Hamilton 24% Nov 23 27% Dec 7 24% Jan 26 30 % Aug Dec 23 101 % Feb 5 901/4 Jan 18 Baltimore 98% Aug 30 89 12 4% % 4% Wilcox & 31 43% Jan 14 22 Va Sep 28 34 45 Va Oct 26 62% Feb 43'/4 Oct 26 59 Aug 9 241/4 Nov 2 30 Apr 27 Bangor & Aroostook 121/2 Dec 21 13% Dec 16 Bangor & Aroostook Corp_ i 721/2 Dec 29 79 Dec 11 86 % Jun 8 38 Nov 16 50% July 8 24% Oct 6 Jan 40 28 Dec 25 20 Jan 66 28 66% Dec Jan~27 44 Oct 12 64% 23 Nov 23 49 30% May 11 Jun 14% Nov Feb 27 28 Va Jan 17 16% Oct 27 25% Jan 8 Dec 3 24 341/2 Mar 8 58% Jun 14 21 301% Oct 37 183 Dbcll 204 Dec 16 100 % Mar 26 19% Sep 22 Jan 90 30 July 29 74% May 6 90i% Feb 15 Va 36% Jan 7 Dec 18 35% Jan 9 32% Dec 22 43% Jan 2 13% Jan 5 18% Dec 15 91 Dec 14 5 89% Feb 13 Nov 2 61 Sep 78 84 Feb 9 78 Bayuk Cigars Inc 5 Beatrice Foods 1 Beaunit 2 Beckman Oct 12 Beech Aircraft 18 29 Beech Creek 32% Mar 31 50% Dec 20% Mar 29 8 57 % Jun 19 25 93 Bell 34% Dec 3 22% Feb 1 45 Jan 50% Nov 28 2 Mar 23 1 Jun 1% Oct 20 Benguet 36 % Jan 6 30% Nov 38% Jan 13 Best 32% Sep 22 Jun 8 571/4 Jan 4 41% Apr 3 33% Feb 50 22 6 37% Dec Feb 11 138% Jan 19% Oec 31 11% Dec 19 21% Feb 5 69% Oct 18 82 Feb 5% Jan 12 83 35% Sep 10 42% Dec 36% Jan 6 July 151 7% Aug 26 11 851/4 Sep 26 27% Oct 24 53 24% Mar 31 15% Nov 25 22 29 % Oct 29 46% Jan 21% Jan 2 20% Sep 22 24% Apr 8 24% Sep Jan Black Steel Jan Blaw-Knox 76 Sep ii% 66% 30 7% Nov 24 Bond Stores Aug 25 86 Sep 22 24% Jun 18 107b Oct 26 17% Jan 36% Aug 88% Jan 2 20% Apr 8 26% July 28 80% Apr 10 30% Nov 82 2 Mar 10 76% Jan 13 67 May 4 7 14Vb Apr 29 167b Dec 72 Vb Dec 66 Jan 84% Aug 17 78 Va May 4474 44 36% 35% 23%. 23 Va 237b 231/2 237b 23% 23 % 23% Budd $5 Co Bullock's 80 Feb Oct 23 89 30 81 84% Sep 22 •4% Deo 30 Dec For 11 footnotes, ,Feb 11 Apr 23 4374 Nov 28 87 49 . 25 24 Vb 247a 247b 247b 457b Dec ' • 18 61% Aug 22 2,100 197 b 19 % 197a 1974 197b 20%- 28 Vb 28 29 27 2874 29,600 57 7e 58% 571/4 5774 57 57% 567b 577b 56 Vb 57 10,400 5 100 371/4 377 s 37% 377b 377b 37% 37% *78% 791/4 *78 % 79% *78 % 1 6 74 3,200 6 - 5% 6 6 674 117b *11% 11% 10 % 1074 10% 107b 25,900 25% 2512 267b 26 277 a 27% 28% 27 277b 21,400 43% 42% 42% '43 43% *42 , 697b *78 *42 43 % 200 6 Vb 67b 6 Vb 67'8 2,900 497a 48% 49 >/8 1,200 6874 69% 687u 69% *78 7874 70% 701/4 7OV2 44% 46% A 107 V4. "45% 23/64 3174 69 Vb 45 Vb 19/64 70 - 167b 17% 16 Vs 167b *82 83% *82 831-2 167b 17% *82 83 % 14% 147b 14 147b 32% 3274 327b 3274 167b 1674 18% 187b Packing Corp Corp Hecla ._ 18% 187b 77 Ry Breweries Canadian Pacific Cafanon Mills Co Co; Ltd Ry_^— 25 *77 . ,<• . , 68% *81 83 271/2 26% 27 257b 267b 29 Vb 2974 30 317b 3074 3174 23 23 22% 23 227b 23 87b 8% 9% 45Vb 457b22% > 22% 62% 9% 42% 42% 41 5 Vb 5% 5 Vb 14% 14% 14% 14% 17% 17 177a 84% 85 85 22% 23 8474 85 45% 44% ~ 227b *84 * - 85 *44 44% 22% 45% 62 *44 457b 447a 22% - 44% 22% 22 Vb 62 62 62 700 1,400 42% 4,600 Vb 5 % 5% 15,000 14% 147b 14% 5 167a 84% '22% - 73,000 23 97b * 837a ' 10,700 31% 9% 41% 5% 41% 25% 31 9% 14% 60 25% *22 Vb 41% • 17 Vb - *44 —.45%- - 9% 41% >-5% * 8,500 43,500 *67% 27% *•'- 171/4 187b 83 297b 15 167b 68% *81 23 42% 57b 3,400 187b 277b 14% 22,300 -*6774 68% ..5% 14% 32% 78 83 9 2,400 14% 32% *77 *81 9 1,400 307b 19 *671/4 ■ 181,100 84 % 78 68 Vb 62% 16% 30% 187a 83 42% v 16% 16% *82 78 *81 . , 307a 35 1874 *67 »/4 J . 307b 700 5 78 Vb 83 27 5 ,1 No par 18 Vb 78% *77 ; 30% 68 % 28% par b 30% *81 10,0 No 307b *67% *22% 5 Inc •167b • 77 3 33% 37,000 15% ' I 16% *34% 16% 16 % 5 18,800 381/4 15Vb 1474 1 15% 38 33 - 1,867,400 151/b 16% 1_ "lcf 38 Vb 32% Co 467b 15% 33 33 100 100 70 457b 19/64 37 137 ; 380 15 10 pref-. 107% 1474 14% _1 100 40 13,900 10774 37 83 Va 24,300 317 b 15% 16% . 7874 317b 70 4678' 23/64 1374 Inc com *78 lb 37% 30% — . 36.I/2 . 1.000 ' 497 a 6% 21/64 44 23/64 f 43 30% 16% 8,500 11 Vb lOVi 157b 5 6 111% 10 *82 —:_5 6 10% 10% 301% . , Inc Canadian • 14,400 79% 10% 36 14'%, 6 *10 Vb 1/8 47% HI —No par Corp— & 38 10 45 5 /:•■ 6 *70 5 Co preferred Calumet 21 27% Apr 4,100 28% Canada-Southern 20% Oct see page 26. 25 ___1 Callahan Mining 8 32% Mar 22 May 28 25% 12 1 55 25 29 3 July 28 25 Apr 32% Mar 89 43,500 19% —-15 Inc Watch California 6 44% Jun 28 5,700 38% Campbell Red Lake Mines Ltd—...17% 18'% Campbell Soup Co, !l.80 82% -84Canada Dry Corp common—1.667b 22Vb '227b $4.25 conv preferred— No par • " 7 84 • v 84 : * 24% Dec 26 17% 387b Sep 92 43% Mar 14 17% 391/4 26% No par Byers Co (A M)„_ 14 T9 1774 38% 261% - 18 41 Mi Nov 17% 391/4 '19 Vs —— ,|: Aug IS 20 17% 3874 19% Bullard Co 4 Dec 17 Vb 39% 26% Co 24 18% Oct 23% 17 Vb 387b 26% common preferred- Buffalo Forge 7% Oct 9 23% 17 39% , 19% Co— 8 7 8,400 1.25 •. 1 17% Oct Mar : 6,300 171/8 . 24% No par Inc Co . 24 Mar 10 447b: 36% % *70% Burndy 9% May 13 5,600 70% Shoe Burroughs Corp 19 800 14 7474 107% Bush Terminal 45 *72'A 10774 1 35% Dec 28 22% Aug 14 73% 107% 2 4 14 a 10774 28 Dec 13% 73 7 *107% 40% Jun 19 137b 131% 7374 IO71/2 May 27 48% Jun 26 *73 107 % Dec""5 Mar 30 13Vb 73 7i 31% 20 % 10 -13% 36 preferred ■ *131% *73 7874 second 7Vb Jan 13'% 74 317 b 4%% 26% Jan 129,500 697a 3%% 0 4,500 43 Va 317b 12 31 447b 4274 '143 ::V 143 Vb 7874 82% Sep 13 447b 43 143% 69 6 3% Oct 143 V4 7874 4% 127b Dec 42 Vb 427b " 13% ♦73 Co__ Burlington Industries 27*/» Jan 45 441/2 447-4 143 70% 4 9% Mar 17 4l7a *142 «/4 31 % 76% May 13 67% Sep 15 27% July 27 13% Dec 31 44% 4174 142 31% 26% S 441/2 y 31% 6 30 407b 142 1,900 78% 35% Feb Jan 44% 42% 142i% 34 70% 45% Mar 18 8% July 10 36 7,000 78'% 5 18 351/4 44% 41% 142 17 b 317b 21 BB% Nor 36 . 44% .. 1% 68 24 Jan 36 . 17 b 49 9 16 . 6 V2 2 Sep 10,800 48% 88% Oct Nov 6874 674 84% Jan IS 6 7Vb 4874 Bulova - 7,400 6874 67 b 23% Aug 25 21 67 Vb 48% 6 Jan 68 Vb 674 9 23 67 497b convertible Bucyrus-Erie 4 13% Sep 14% Jan 68% 13% 447a common Buckeye Pipe Line Co 18 18% Oct 67 92% 49 % 15 Jan 69% 50 % 13% *42% 4 24 69 4974 *89 7a • preferred—_50 Dec" ~7 277b Jan 137b ——2.50 Inc__ Manufacturing Rights 2 92% 13 V* 36 : Brunswick Corp 0 *897a 13% 24% Brown 6 507b 92 Vb 13% _5 19 Jun 50% *89% 13% 10 30 26% Jun 51% 92% 13 % 1074 Dec 80 507b *89 7b 13% *5% 76 Vb Aug 13% Dec 4974 92% 3%% preferred . 100 Brooklyn Union Gas common—_10 5.50% preferred series A 100 30 21 29,200 51 % 10 30 37% Jan 1,100 3.50 & Stratton Corp —3 Bristol-Myers Co common-—_—1 Aug 30 31% July 10 9,900 15% 10% '667b Dec 94 ya May 27 5174 15% 100 17 8 497b 15% 13% 50 _ 4974 a par Airways 4%% 14 49 3 *15 45 preferred Briggs Briggs 27 151% 6,000 4 Dec 491/2 15 180 21,600 35 687a 5% 19% Jan 487b 15 83 21% *33 44% _No 12 82 49% 15 22% 35 *90 7 a —5 Corp—_5 Common 82% Nov 48% 15 % 50 217t 68% 11 24% Jan 49 V 8 2'/a 20 Vb 82% *81% *33 69% Jan 38 Tb 35 69 63% Jan 7 83 217b 69% 127b Jan 4 *33 687b 9 12 % Dec 15% 21% 35 687b 31 29% Aug 48% 2174 *33 67% 12 33% Mar 16 21% 35 681/2 57b Dec 35% May 28 *81% 22'% RR— 43% Oct Nov 83 *81 % 83 21% *33 34% Co Maine 38% Nov »8% Jan *81% 40 67% Edison & 8 SI 5,600 22,300 96% 25 Boston 12% Sep 8 66% July 20 50 1874 97 Va *95% 17,800 53% Jun 1 18% 94% 17 Inc— Bridegport Brass Co 29 18% 94 7b 95 Vb 327b 6 Jan 18% 93% 947b 31 41 Vb Jan 44% Dec 95% •91% 32 28 66 *9474 ,,95 % :187b 4 18% 917 b 91% 37V2 207b Oct 12 5,400 31% 44% May 25 Oct 1,500 54 *78% 6 76 347b 270 *247 79 Vb 33% Jan 6 537b , 31% Braniff *7% Jan 5374 270 37% 4 110 '247 34% 34 Vb 34% 537a 527a 307b 18 Mar 16 34V4; 270 *78% 18 104 '52 % *247 307b 13 Vb Jan 82 Va%. .34 ... 1U 53 267 6,600 79% 11% Jan 31 Va Dec 33% 527b *247% 43% 35% : Stores 207b Jan Mar 22 33% 52% 1,700 43% *44% 30 Food 31 25 43 % 30% preferred 23 76 % Jan" 4 437a ■ 2,400 30 3%% Borman 29 22 38% Feb 43 % 52 _—7.50 Dec 12 44% ' 3,600 20 52 18% 39 Co 8% Oct 21 17% *1974 5174 1 9% Dec 29 *17% 20 50 44% Inc 5 Oct 177b 20 51 .-2.50 .i Brass & 6 Jan 17',8 201/2 51 'V;; 34 Book-of-the-Month Club Inc Sep 22 48 177a 20 v* 50% 44% Borg-Warner Corp commons==i 85 17 20% 36V4 6 28% Nov 17% 447h Borden Aluminum 5 9 1,000 44% 5 28 67 34% 67% Dec 22 6674 10 11 Dec 67 95% 50c Co_. 10 Dec 66 % 18% 5 24% Feb 76 67 % 9074' 100 221/a Feb 28 671/2 *94% 8 common 18% Oct 26 Bohn 17% Mar 13 33% Sep 1,800 67% 800 17% May 11 48 17 18 i/'ai /;ul8V«S 1 27% Jan 13 16 *33% Co 15% Jan 20 15 Vb 3574 '. 17 Nov 15 •351/4 common Mfg 29 8% May 12 14% 90% „_40c Inc 11% Nov 40% Jan 14% 437b 267 *94 100 14 Va Dec 44 52% 50O 141/b 17% 3374 33% *247- 34 50 - 437b -• 57% *32 20 19% 52 43 32 357b 1 - 18 19% 51 % 62% 32 6774 69 17% 62 % 60 Vb 34 351/4 25 69 *68% 1 e W) *14 , 61 62 64,000 28V4 Jan 5 5,200 141/2 ,'*14 ,63 1% 24 59% Feb 2,700 61 60 *24 33 4874 Oct Mar" 17 61% 59% % 1% Co Boston Sep *60% 60 Va *29 35% 21 Dec 61%.:: 58% 291% 1% Boeing Airplane Co, 79% Mar 30 60% 61% 29% 4874 391/4 Dec 481/2 Jan 617 b 60 V2 35 Mar 28 29 611/2 17b 23 2 163,700 491/2 5 10 3974 351/4 Bliss 15 38% 1% Bliss & Laughlin Inc— 18 'A Aug 47% 49 Vb 4 31% Nov 46 % 34 V4 6 76 % Dec 421/2 17 a 20 24 371/4 491/4 20% Jan "7 37 34% 29% Jan 48% Dec 347b 347b 11 81% Apr 35% 49 74 23 9 34% 341/2 12% Oct 24 37% Feb 203,400 49 21 % Dec 1 *40% 34% 40% Feb 16 387 b 48 % May 14 35 47 35 —: (Del) Decker 4 (E 46 49 9 July 120 43 '4 1% pfd series of 1951 & 280 84% 34% Gypsum Co Bigelow-Sanford 49 % Mar 25 56% July 15 30% Jan 18 96 96 *83% *4874 preferred 4%% 27 74 . 84 !b 50 Inc—.— Co Bethlehem 8 July 96 Inc—2 pesos Consolidated Sz 28% 95 % I preferred Besiwall 3 2 155 23 12% Jan 70 1 43% Mar 28 59 % 49% May 11 Sep Apr 28 37% common—-.1 Beneficial Finance Co 28% Mar *83 37% par Corp Corp 52 v- 5 Bendix 10 83 100 74% Jan 10 96 347b 10 Corp common—No 56% Oct 24 21 137 Co 89 1% Dec 287a 83 34% -35% 1 Bell Intercontinental 45% Dec 28 957b 83 100 pfd preferred 17% Aug 30 4 2874 96 83 *951% 83% 1 11% July 27 May 14 10,400 50 24% May 11 22 22% Sep 4%% Corp RR Howell & 4%% 28 287a 96 5 _1 Belding-Heminway 13 2874 83 % 100 100 Inc Beech-Nut Life Savers July 26 28% *95 2.50 S) (A Aug 10 25 14% Jun 37% Jan May Shoe Beck preferred Inc 83 7 14 36,900 12.50 common Instruments 42% Apr Apr 21 19% Nov 95 Mills 9 311/a Dec Apr~10 42 4% % Aug 29 25% Jun 29/200 14 % ;_No par Co prior preferred conv 103% Sep 13 40% 14% —10 Inc 7 97 3 Sep 20 62% Jan Corp Lomb & 3%% 1,300 38 % 147« 1 10 Corp Works Dec 249 5 % 38% 14 .-1 Products Jan 45 3 5 Vb 38 14 1 10 Inc Iron Bausch 5 38 Vb 1374 100 100 1 : RR ; 56V2 Dec 5 Mar 21 Mar stamped Oil Corp Basic Bath 57% Aug 23 61% Oct 2 391/2 May 23 178 Basic 12 18 27 43% Dec 9 Preferred Barber 5 38 13% 100 noncumulative preferred 4% 11 5 38 % 13% 100 common— Stamped Aug 15 66 % Feb 49% Sep 23 Baltimore & Ohio 5 38 141/4 100 100 preferred series B series C— preferred 8 88 8 4% 38% 13% Elec com—NO par & uas Corp 37% 13 Co Sep Jan 80 5 5 9 6% Dec 12% Jun 8,700 17'/a 16% 17 21,800 85% 86% 90 11,500 22% 227b 22% 22% 85 85 85 85 190 44 44 44 44 45 44% 447b 50 8,400 ' - 8,300 - 227b 227b 22 Vb 22% 24,900 *61% 62% *6174 627b 400 Volume Number 6023 193 . . . The Commercial and Financial Chronicle (389) 17 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1959 Lowest Range for Year 1960 Lowest Highest NEW YORK Highest LOW STOCK Monday EXCHANGE 12% Nov 20 23% Apr 10 5% Sep 21 13% Jan 4 Capital Airlines Inc 1 J7% Feb 10 56% July 15 52% Feb 16 39% Oct 5 49% Jan 4 Carborundum 5 19 35% Feb 25 9 25% Jun 2 33% Dec 85 31 23 Sep 10% Dec Dec 8 102% Jan 83% Sep 23 41% Jan 19 35 45% Nov 25 62 16 38 % 34% Nov 48% Jan 30 8 18 Sep 22 108 Dec 29 0 Jan Nov 89% Nov Dec 7 26% Feb/. 2 119% Mar 16 7% Apr 22 36% Aug 12 98% Jan 12 10 Sep 22 34% July 29 114% Dec 22 125% May 13 76% Sep 22 91% July 32 23 44% Mar 20 Nov 17% Dec 98 12 7% 9 Power 19 4 Carpenter 41% Jan 6 Carrier 39% Nov 25 24% Oct 10 40% Sep 5 22% Jan 5 30 114% Jan 19 3% Nov 22 7% Feb 26 19 34% Jan 6 Sep t Case 31% Jan 8 17 121% Sep 21 7% 30 83% Jan 13 4%% conv 20% July 22 35% Jan 15 Celotex Corp 19 71 % Dec 94 % Sep 9 2nd Ohio Ry_100 12% 12% 12% *92% 93 % 5,400 *92% 93% *.92% _No par 5 46% 47% 46% 47% 46% 45% 46 44% 45% 45 10 37% 37% 37% 38% 41. 41 41% 41 % 28% 28 28 53% 52 52% 51% .1 12.50 Apr 3 Jan 11 23 21 Oct 12 25% Jan 15 Central Mar 23 17 Jan 22 24% Jun 8 Central 10% 10% 10% 79% 77 4 32 % 32% x31 100 41 Jan 30 55 Aug 17 Central of 30 80 Aug 20 Aug 14 46% Dec 17 75 20 22 Apr 19% Mar 20 Sep 59 80% Aug 30% Jun 24 38% Mar 23 32% Jan 20 887/b Dec 28' 99% Feb 27 88% Jan 27 37% Sep 10 46% May 11 42% Jan 4 20 11 31 19% Oct preferred 23 Central 32% Dec ~8% Jan July 27 32% Dec 31 15% Mar 12 31 79 1 July 27 24 50% Feb 9 24 24 Dec 4 88 Jan 5 42% Jan 8 17% May 13 94% Aug 19 48% Aug 25 22 % Nov 28 26% May 19 Nov 24 25% Apr 25% Sep 17 4 4 54% Oct 26 69% Jan 0 5 99% Apr 13 94 Aug 3 6% Dec 29 17 Jan 18 Jan 8 38 July 14 16 J/4 Dec 14 34% Jan 16 53 Jan 23 Dec 19 43% Jan 6 36% Sep 29 44% Mar 30 35 % Dec 30 40 % Apr 23% Nov 25 Oct 24 * 7 Jan 33% July 8 23% 500 2.50 40% 22% 40% 40% 41 % 40 40"% 39% 40 38%. 26% 27% 39% 26% 26% 14,300 27 27% 27% 28 27% 9% 10% 27% 10 *9%' 8,700 No par 10 10 10 10 10 31% 31% 31 31% 31% 33% 32% 33% 33%. 33% 24% 26% 14,400 1 24% 25% 25%, 27 26% 28 26% 271% 1 Products 35% 36% 35% 35% 110,500 35% 36 35% 36% 35% 36% 15,000 4% 30,800 53% 1,300 Corp^. 13 % Fibre & Motors Chicago & East 111 RR Class Chic 5% 20% Dec 15 36% Jan 4 5% 22 Sep 20 29%, Jan 4 Dec 30 29% Jan 5 15 32 2 18% Jun 24 Chic Milw 5% St series Paul & A 50% Feb 30% Dec 510 2334 83/8 9 Va 34% 34 Va 34 Vb 3 1 Va 31 34 34 34 33%, 34'% 1,700 65% 65 % 653/8 66 66 67% 66% 67% 65% 66% 22,400 110 *102 3 % 40 3/4 38% 39% 38% 40 47,400 20% 203/a 20% 20% 21 '/a 20%, 21 20,200 2 43/a 24 VB 24% 24 24% 24 24% 19,200 9'A 9 Vb 9% 9 110 102 41 20 Vo 23% < *102 7% 7% . 8% *102 '«■ 110 8 9% 8% 110 9 *102 8% 8% 8% 8'A 19 Va 19% *19 % 20% *19% 27% 26% 27% 26% 36 % 36 V* 36 36 *36 363/a 36 36% No par 15% 7% . 16,400 110 26 81/2 1,800 20% 100 27 36% *36 9,100 1,200 24,500 16 % 16 '/a 163/8 16% 17% 16% 17% 16% 16% 56 56 56 56 56 56 56 56. 56 56 1,800 No par 163/a 17% 16% 16% 17 18% 18 18:% 18. 18: 9,700 100 27 Vb -27% 27 Va 27% 27 293/4 28% 2 9.f 117 28% 28%! 5,600 8 pfd Western 2 8 3/4 29% 29% 29 Va 29 3A 30 29% ♦"29% 29% 29% 10,400 par 22% 23 22 Va 22% 23 24 23% 23 23% 18,800 100 . com 8 4 Chickasha 30 71% Jan 6 V 203/4 / 213/4 par 20 20 20 20 *19% 13 *12 . 24 20% *19% 12% *12 20 % 410 5 *12% 13% 13 33% *12% 12% 400 __25c 22% 23% 23 Va 24% 23% 24 VB 23% 24% 23 % 23% 55.000 25 393/4 40% 39% 39% 39'3/B 40 39% 39% 39% 40% 44,600 38% 38% 38% 38% 38% 85 84% 84% *84 Va 85% 100% 100% Oil Cotton O'Nuts Corp Corp. Gas 30,900 19% 15% Jan Cincinnati 24 26 26% Dec 37 11 23% 19 Va 4 Chrysler 24 25 Va 12 29 9,400 203/8 18 Nov 9,400 91% 43% 26 Oct 38 28% 43% 22'A 7% 10% Oct 72% May 20 4 28% 91 43:% 26 17% Nov Full 23% 29% 91 "43% 41 *19 Va preferred series A Chock 28% 91 91 21% 100 Chicago Rock Isl & Pac RR__No Chicago Yellow Cab No Jan . *90 10 Pac noncum North 4% *53 25 Chicago Pneumatic Tool 20 37% Jan 28% 4% 53% 5 preferred.... Chic & 22 28% 4% *53 1 com 4 22 Jan 4% 53 50 Western Ry 6 13 4% 53 1,400 233/a 40 26 24% Oct 4% 1,100 39 No par com 69% Feb 17 28 1 A Great 26% Jan 37% Apr 53% 4% 40% 1 23% Jan 23 53 40% *94 1.25 Corp Corp 2 24 53% 41% Co— Vought Corp..... 6 26 % Nov 4 % 52% No par 13% Dec 27 % Dec 4% 10 50% Nov 45% May 25 36% July 28 9% __1 22 32% Jan 28% Nov 23 22% Corp 71 % May 22 5 23 22% Chemway Corp Chesapeake Corp of Virginia Chesapeake & Ohio Ry common 3%% convertible preferred 21 38% Nov 18% Nov 22% 39% 14% Mar 24 63 22% Chance 30 16 22% 5 24 6% Nov 19% Aug 3,300 235/a 17% Mar 23 1 *21% 233A 6 13 % Apr 22% 23 Va 10% Oct 25 59 *21% Co Chemetron 8 540 58%. 50 23% Checker 26 95 58% 23 4 74% July 95 58 43 Va 6 118% Feb 93% 58 r 43 20 29 95 57% 43% 29% Jan 26 41 93% 57% 90 38% Jan Oct 41 93% 28% 41% Dec 64% Dec 41% 57% 43 6 7,300 93% 90 3 200 . 30% ♦40% 28 Va 24 80 29% 58% 91 Dec 49% *77 94 28% 17% Oct *47 80 30 41 43% 5 48' 29% 57% 91 9 106 177 29'% 42% 31 43% Jan 41 48 80 29% $4.50 preferred ...No par Champion Spark Plug Co ~1% Champlin Oil & Refining Co.. 1 36% Jan 30% Dec 13 48 ' 30 94 - 37% Dec 13 41 J N West Paper 42% Jan 34% Feb *77 29% 10 Aircraft Co Belt 4 15 *46 80 100 Co Teed 9 Dec 48 *77 No par Corp 24 46 *46 29% 700 No par South Sep 14 48 80 *77 28% Service Common 6 22,100 .5 Co Soya 26% Nov 15 100 No par Light com Chain 34% Mar Mar 5,100 28% *46 :f. B series Charibourn Gotham Inc 99 74% 27% 1,40(1 7 45% May 28 74 27% 3,900 11 16 73% 26% 20% 18 30 73'% 20% 5% Jan Nov 73% 28 '27% 21% 70% Jan 87% Dec 50 20% 40% Apr 35 29,500 Georgia Ry com__No par Champion 37% Jun 60 25% 118% 17'% preferred— Cessna 90% 25 23% 21 Oct *89% *117 25% 117 17% 3% May 11 40 117 23% i Century Industries Co 26 Apr 30,800 17% 14 9 May 29 52 31% 23% Central & Oct 6% Jan ~4% 31% 23% Central Cerro 690 16,700 31% "17% Illinois Certain 73% • . 59,500 17% 15 6 28 , 4% 21 15 23 73% 27% . 7,7 4% 90 24% ' IO1/4 77 23% 28% Feb Jan 73% 29 90 25 % 9% - 4% 31% 117 10% 77 4 91% 24% *116 73 / - 31% *90 24% 117 76 ' 17% 42% Jun 13% Sep 31 9% , 20% 26 42 31% .. , 4% 7,400 *23% ' 29 21% Dec 4% 190 700 53' 17% 29 % Jan 24 .10% '77'% 76 52% 20% of Oct 53 23% RR July 18 52% 17% Central July 25 52'% 41%. 27% 23% 28% May 23 9 16,000 *27% 20% 28 11 39% 41 Vb- 27% 17% Public 27 16% Apr 38% 41% 27% 20% Illinois 5 50% Mar 22 38% 41% 2 7% 23 % 4%% 27 21 11% Sep 38% 41% 17% Central II 34% Sep 38% 210 20% 20% Sep Dec 6,900 93:% 23% 6 Dec 8,400 46% 10 , % 91% 24 *116 45% 46% 1 29 95% Sep *90 24% 117 44% 46% .5 Co Central Hudson Gas & Elec 42% Aug 25 59 92 % 93 % 46% 46% , 20 Aquirre Sugar preferred 5% 17 Dec 28 8 89 % 24% *116 4 93 % 45% 46% 38 78 % 4% 78 93 47% 41 4% Foundry Co 21 .10%, < £ 3 % 27% .7 100 27% Nov Sep 51% 1 22 18 % *28 l _ common 20 71% Feb 6,700 4,700 12% 72% 27 5% 14,800 48 12% preferred series A.100 5 29 7% 48 12% preferred Jan Jun 7% 48% 12% common.No par 13 17 7% 48 12% 50 Inc 21 % Apr 16 30 Shares 7% T. 13% 4.20% preferred... ; 100 Celanese Corp of Arner com__No par 8 25 7 % 48% 12% Light Tractor Oct 7 VB 46% 29% Co common Feb 7% 46% 28% preferred 6%% 2nd preferred. 21 7 46 29% 7% 88 7% 46% 28% common 114% Jun the Week Jan.25 29 % preferred Caterpillar Friday Jan. 19 29 Co Products (J I) Sales for Thursday 29% Carriers & General Corp 7% Dec PRICES 29% Carter 4 SALE 29% 78 % Jan 26 HIGH 1,8 29% 43% July 15 29% Feb 23 71 % Dec 24 & Steel Corp 4% % Jan. 10 Clinchfield & Carolina 44% Sep 58% Jan AND Vvcdnesday No par Carolina Aug 18 1 ' 16 25 16 '89% 12 30 Feb Mfg Co Corp Sep 28 27% July 22 27 31% Jan 1 26% Sep 38% Jan 88% Jan 19 46% Jan 17 40% Dec 5 Oct (Philip) Carey Carlisle Jan. 17 46 " Co Tuesday Jan. 16 Par Electric— & ~ 77 93 Dec Jan 21 30% Feb 8 91% Feb 16 78% Jan 4 102% Jan 12 94% Feb 2 47% Jun 30 26V2 July 25 391/2 Dec 21 Dec 23 17 351/4 Oct 23 46% Jan 14 46% Nov 19 15 49% Mar 9 68'A Dec 29 26 39% Jun 1 531/8 Dec 23 27% Mar 20 16% Nov 3 24% Jan 4 57 24 511/4 Jan 4 Jan 9 15% Dec 16 14% Jan "64% Jan 7 Nov 2 40% Oct 18% Jan 2 14% July 14 18 41 % 271/4 Oct 28 26% Nov.25 23 55% Jan 22 89 Dec 57 Dec 28 33 Dec 24% Jan 101 5 36 % Dec 44% Jun 14% May 1 441/2 Aug 2 47% Jan 18 59% Jun 90% Jan 11 99 20 561% Dec 9 39 Jun 12 32 Sep 30 2 591/4 Dec 14 42 Feb 17 65 Dec 15 136% Jan 16 46 Jan 28 Dec 29 May 19 23% Jan Mar 20 65% Feb 120 Aug 25 48 % Mar 5 62 12 48% Feb Apr 5 23 7 8 35% Apr 11 72% July 5 64% Dec 14 9 126% Feb Apr 5 8 137 Nov 80% Dec 7 28 19 % Nvo 10 35 Sep 21 43% July 27 26% Nov 1 41% Jan 6 71 Dec 23 82 Feb 27 711% Jan 5 78 7 21% Jan 7 29% Dec 18 21% Oct 5 47% Dec 9 72 % Dec 16 41% Oct 24 231/2 Jan 8 34% Dec 10 131/2 Dec 5 45 % Nov 13 50% Mar 11 42% Dec 30 261% Aug 24 C 1 T Financial Cities Service City Stores Oct 14 63% Feb 35 Jan 14 48% May 20 50 Jan Clark Co Equipment Cleveland $4.50 Clevite 7 34 Dec 7 45% Jun 14 67 Va 67% 67 67% 67 " 67% 67% 68% 15,700 53 % 52 52% 52 525/8 52 525/8 52% 523/4 33,600 21 21'A 21 21 21% 21% *21% 21% 1,900 445/a 46 44 Va 45% 45 45% 453A 46 Va 46 46 2,300 12aA 13 xl2% 12% 12% 33 12% 13% 12% 12% 2,300 37 33% 33 35 36 36% 37 36; 37'A 9,200 22 % 223/8 22 Vb 22% 22 Va 223/B 22% 22% 223/8 225% 32,200 42 Va 41% 42% 42 42 42% 42aA 42 42% 2,000 com..—15 56 Vs 56 Va' x55% 56 55 %~ 56 96 Va 97 *96% 9 6 3/4 9 6'A 97 .No par RR 7% gtd 4% 50 stock—50 l 4% noncumulative Columbia 21 51% Mar 23 32% Jun 25% Nov 17 43 17 31 28% Jan 4 Combustion 55% Jan 27 72 % Dec 27 Commercial Credit 12% Sep 9 181/4 Mar 11 13% Mar 4 25% Jun 20 Commercial 55% Jan 2 64 90 Dec 22 101% Sep 25 8% Jan 2 5 30 Columbia Gas 26% Nov 28 Columbia Pictures 2 7IV2 Nov 28 $4.25 56 Apr 20 9 90% Jan 103% Jan 53% Oct 4 19 22 101% Apr 112% Feb 25% May 6 561/4 Mar 13 Dec 8 69V8 Dec 9 24 15 101 Aug 19 110% Aug 30 Jun 2 301/2 Sep 1 6% Feb 10 12% Sep 1 8% Feb 3 14% Dec 29 14% Jan 6 20% Sep 30 11% Dec 1 17% Jan 18 10% Sep 26% Dec 18 14% Jun 1 7% Jun 6 .12 Vb Jan 12 14 30% Nov 24 23 May 26 40% Dec 2 58% Dec 24 68% Jan 21 59 Jan 4 68% Dec 30 95% Dec 17 1061/2 Feb 25 96% Jan 13 103 % Dec 30 37% Oct 19 58% Dec 1 221/4 Sep 23 29% Dec 31 26 May 2 42% Dec 2 21% Dec 2 271/8 July 10 20 May 17 23 % Jan 6 421/4 May 18 51% Dec 22 45% Sep 57% Feb 21 24 42% Feb 17 - 60% Jun 27 Columbus System 4.64% Ohio 53% 64 %: 65% / 64 65% 137 137' Co 9,200 65 10 36,300 233/8 23% 23'A 23 Vs 233/4 233/8 23% 24 24% 6,200 32% 35,000 ' *1150 *1150 *1150 . x3lVa 32 75 Va *75 76 26 265/8 26 %-' 263/4 263/s 26% 26% 263A 4,800 4334 42% 44% 44 Va 45% 445/a 453/s 443A 45% 38,200 16% 17 Va 21,400 *45'/a 46 Va 200 31% 31 Vb *1150 32 Vb *75 ' *75 313/4 31% *75 76 17 76 16% 16% 16'/a 163A 46 46% 4 6 3/4 53% 53 % 53 53% 36 36% 36% 37 36% 37% 37% 373/8 37 Va 373/s 60,800 23% 23% 23 5/s 23% 23% 40,200 22'/a 223/4 223/8 13/200 *53 16% *45 54 54 46% 23% 23% 22 VB 23 68% 68% 68% 68 Va *68% 56 55% 55% 55% 55% 553/4 55% 52% 51% 52 % 51% 52% 51 Va 52 55 51% 54 54 54 22% 99 *68% 70 70 40 55% 7,100 513A 52% 8,200 1 23% 24 23 % 23% 23% 24 Vb 24% 243/4 24% 25% 74% 75% 75 75% 75% 75% 75 75% 75% 76 Va 1 21% •22% 21% 22% 22 23% 23% 24 % 2334 24%. 25 69% 69% 68'% 69% 68 % 69 68 Va 68% 68'% 68% 100 100 : 130 -553/8 10 com 30 46 x23% . 6,500 80 *136 24 —r 98% 98 % 98% 109% 109% 109% 93 VB 98 % 109 % *109 98 Va 98 Va 109% 5,500 9,000 *99> 109 % 100 600 109% 98% 109 Va 17,000 71,100 109% 610 14% 16% 15% *15% 14% 15% 14% 15 Va 14% 15% 18,100 1 15% 15% 15 15% 15 % 16% 15% 16 33,600 13% 13% 13% 13 % 13 VB 16'A 13% 153/4 10 13% 13% 13 Vs 1'3% No par 8% 8% 8% 8% 8% 8% 8% 8 S/8 38 38 Va 37% 38% 38% 38% 38% 39 10,600 67% 68 67% 68 67aA 68% 68 %' 68% 15,700 ; Publishing Co 1 : 1 37% 38 % No par 67% 68 No par 103 % Cigar Corp Y N 63% 160 54% 52% 65% 137 90 34'% 139 137 70 Corp.— Congoleum-Nairn Inc $5 52% \ 23 ./ Edison of 55 23% Mills Consol Fdison 53 Va 21% Solvents Consolidated 55% 320 *33 17% Elec—5 Co.. preferred Nast 333/4 47 16% *45% —No par Co preferred— Comptometer Corp Cone 3/8 5 10 5.25% Conde 333A *68% Inc Southern Commonwealth 333A 23% common Carbon & 33 Va 5,500 953A 59% 26 100 preferred Columbian 33% 503/4 953/4 593/4 79 42 Engineering Inc 14 38% May 18 67% Aug 7 19% Oct 54% Jan Nov 23% Dec 17 *583A 5 43% Sep 21 14% Jun 59% No par 24% Mar 13 18% Jun 58 3/4 ■"137 26 50 74 56- ■ ' 803/4 No par 24% Mar 23 - 80 74'/a System_2.50 96aA 58 Ry— Broadcasting 57 Va 60 80 5/8 *136 32% 1st pfd 96'A 80 Vs 74% B 56% 80 3/8 31% common series / 79% 1 Iron 64 64 % • 80% 137 795/s 23 % Corp. Southern 55 *1150 Radio Co preferred *33 Va 553/4 54 No par Aikman 58 33% 1 preferred 18 43% July 27 39% Feb 3 *33 Vs - 58 __1 common 23 Jun *57 Va .No par Bottling Co of N Y Colgate-Palmolive Co 16 60 - 63 & ' 33 42 Va *136 Fuel 5,700 21% Co & 41% 67% 100 5%% 160 290 403A- 41 52 Vb No par Colorado 39% 39% 6,400 100% 1 15% Nov Mar 23 39 67% ^i.___10 601/2 Dec 19% Nov 39 No par 4 24 38 ;,A *100' 1 guaranteed & 100%: 3.93/8 Cluett Peabody & Co com 1% preferred Collins 100 % 39 Coca-Cola $3.50 100% 21 Corporation Coca-Cola Va Ilium Pitts & 100 Co CO... Electric Special Collins Feb 100% ,. 5 preferred Cleveland 6 57 *99% 5 j. Corp | Cleveland-Cliffs Iron 35% Jan 18 84 10 ^ Cletrac Colorado 49 38 85 No par Investing Co City Products Corp 20 50% Aug 16 385/a 83 Va No par Corp Co... City Jun 30% Jan 76 38% 85 Va Cincinnati Milling Machine Co...10 Coca-Cola Internat'l Corp July 38 5/8 *84% 100 preferred 4%% preferred 38 Va 100 4% July 19 5 Feb 43 64% July 10 101 8.50 Common 41% Aug 24 87% Sep 0 com preferred Consol Electronics Industries 5 Consolidated Foods Corp Consolidated Laundries Corp 1.33 % 5 Consolidated Natural Gas 10 103% . 8% 103% 103% 103% 103% 103% 5,600 104 104 104 9,800 8% 43% 1,400 19,000 43% 40% 43 % 39%. 40% 41 42 40 % 40% 40% 40% 40% 40% 40 Va 40% 40 3A 40% 21% 21'A *21% 21% 21% 21% .*21% 21 Va *21% 21% 52% 51% 52'/a 52% 523/a 52 Vs 52 Va 52 Va 54 V* 13,400 31% 31% 31% 31 3A 313A 32 313/4 32% 12,900 63 Va 9,40p 52 43% 44% Oct 5 401/2 Jan 4 1 31% 32 25 53% Jan 7 63% Dec 12 No par 63% 64 % x62% 63% 62% 633/8 Dec 23 99% Mar 10 88% Jan 4 $4.50 preferred No par 93% 93% *93 % 94 % *93% 94% 95% 95, 96% Aug 22 87% Sep 25 99 96% Aug 25 preferred— No par 94'A 94% 94% 94'/a 94 % 94% *93 Va 95 86 *85 86 *85 700 94 4 $4.52 94 87% Jan 5,500 86 32 Feb 25 42% Nov 5 52% May 22 61% Feb 87 Feb 26 27 Consolidation Coal Co Consumers Power Co 791/4 Sep 24 92 Jan 22 81% Jan 6 Apr 5 25 Vb Jun 25 30% Nov 9 20% Sep 19 291/8 Jan 5 Common 92% May 8 83 Jan 14 94 Oct 7 4% com 88 $4.10 preferred Container 82 Dec 9 44% Jun 101 % Oct 44 75 18 23 Nov 55% July 29 IO71/2 Apr 27 17 58% Jan 92 6 37% Jun 28 100% Jun 16 31% Dec 2 49 107 Dec 30 Aug 22 47% Jan 4 Dec 18 13 75% Jan 4 11% Jan 2 16% Mar 12 7% Dec ,2 14% Jan 20% Dec 18 23% Apr 20 6 22% Jan 27 831/4 May 23 Oct 23 9% Sep 22 46 66 Mar 5 Dec 44% May 11 7% Dec 59% Dec Can $5 Continental For footnotes, 26 preferred Insurance 29 11% Jan 6 Continental Jun 1 57% Dec 22 Continental Oil Sep 20 40% Mar 16 Continental Steel see page 26. 25% 24% 91 91 46% 46% Motors of 24% 25% 92 465/8 *104 104 Va *103% 104% 10 38% 38% 38% 393/8 78% *77 Va 78 Va 47% *104 Delaware^ Corp 290 95% 210 2 55/8 92'/a 4 6 5/8 ' 257/8 257/s 26% *90% 25Va> *90 Va 625/8 63 92 Va *90% 92 Va 100 48 Va 47% 48 Va 14,900 104% 104% 104 3A 48 105 104V4 11,500 90 ' * 39'% 393/4 391/4 393A 39% 77% 77% 78 Va 78:% 39,500 39% 77% 79 V2 *77% 8% 8% 8 34 8% 8% 8 3/4 8% 8% 8% 2 20 % *19% 20 % *19% 20% *19Va *19Va 20 'A 55 Va 55% 55 Ve 55% 551/2 571/4 55% 56 Va 83/a 8 Va 81/4 56,% 56% 380 8% *19% 2OV4 25 ; common convertible 21 5 46 *85 86 93% No par Copper & Steel 40 13% Apr 20 69% Jan common preferred Industries 25% *90% *85 No par Inc 31 45% Oct 23 Co common $5.50 preferred Continental Continental 19 5 100 preferred $3.75 8G Corp of America— Continental Baking 20 Apr No par *85 62 % ' 5 ,.1 55% 8 56 8 7,400 ' ' 8 8 Va 8% 83/b ' ' 8 Va 5 54% 55% 55% 56 % 56 57 56% 57 39 Vb 39% 39 39% 395/8 40% 40% 42 ■—7 -. 403/4 ■ 46,900 , 5 13.400 ~ 16,200 6 403 \ 18 (390) The Commercial and Financial Chronicle . , . Monday, January 23, 1961 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1959 Lowest 31 Oct 35 Nov 4 50Va Dec 23 4 Range for Year 1960 Highest 20 Va Sep 19 42 y» Mar 2 25% Sep 15 42% Feb 29 45% Aug 12 6 1 Oct 25 12 % Dec 33% Mar 17 21 Dec 21 19% Sep NEW YORK Lowest Highest 5 16 Controls 54% Dec 15 27 y. Dec 6 55 ' Jan 1 46% Apr 4 85 y2 Dec 9 154% Dec 7 84 % Feb 88 Feb 88 124 Feb 16 186 83% Apr 24 May 12 8 87 85% Jan Sep 19 90 Jun 9 Apr 10 18% Oct 0 24% Jan 8% Jan -14% Dec 31 710% July 1 15% Sep 9 Jan 5% Apr 22 July 27 July 27 4% Sep 13 35% Jan 40 19 72 Nov 85 Mar 30 71 % Nov 24 1 40% Oct 72% Jan 23% Apr 15 28% Mar 9 16% Jan 2 23% Dec 23 Nov 30 29% Jan 7 41 44 Jan 19 23% Oct 16% Feb 17 L 5 28% Feb 734% 20 Oct 39% July 25 13% 13% 13% 13% 13% 32% 33%' 32% 33 % 78% 76% 781/4 5 176% 177% 177% 178% *83 % Crescent Crowell-Collier Crown 40% Feb 23 6 86 Jan 4 95 Sep Dec 5 29% Jan 4 28 109% Jan $2 20 16 21 114% July 15% Dec 23 37% Jan 115 65% Dec 88 % Nov 2 22 18 Jan 24 14% Jan 63 % 81% Mar 11 12% Mar 31 Sep 15 16% Jan 10 y» 15 Aug 18 41% Jan 20 15 July 26 Aug 3 13 Jan 37 Jan 14 20 12% Jan 7 59 % Dec 18 50 % Dec 22 60% Jan 2 25% Feb 3 17y2 Dec 29 25 27% Jan 2 40% Nov 25 14% Dec 7 34% Sep 5 Nov 25 29% Nov 94% Dec 14 59% Jan 44 A«S 27 4 % % 14 67 % 29 Sep 27 8 Feb $4 31 Yb Jan 7 96 8 Jan Class 4,600 ;■ *87 21 13% 4 49% 49% ■ . 4 1,700 75 Vb *74 37 Vb 37% 37% 21% 22 26 Vo 22% 26 y2 26% 26% 26% 27 26% 42% 43'/2 26% 43 441/8 43% 44% 43% 44 48 50 49% 52 49 7s 51% 49% 50 *39% 40% *39% 40% 53 Va 53% 40% *39% 40% 53 53% 53% 54% 90% 53% 90% 90% 90% *90 Va 21 20 20y2 20% 95% 94% 95 95 95 18% 18 18 'A 17% 18 10y8 lOVs 10'A *65 10% 10 66 *64% 13% 13% *13 13% 13 34% .34 341/4 34 9% 9% 9% *64% 10 '. 91 150 20% 21 26,600 21% 96 17% 17% 17% 4,500 10% 10% 10% 31,900 *65 66 66 11% 66 Vb *12% 13 13 13 1,200 33% 32 32% 2,200 48,600 33 10% 10% *96 98 54 10% 10% 52i/2 18% 53 53 18 18 '/a 18 Va 18% 18% 19% 16% 17% 19% 16% 17% 16% 17 Va 16% 200 53 18 500 10% 521/2 *18 17 16 7/8 17% *52% __ 17,400 *90% *521/4 ________1 16,200 17% 66 10 'A 2,500 31,300 Vb 96 34 66 54 91% 1,400 8,300 20% 13 34% 1 300 22 % 53% 10 10,700 50% - *74 37 *39% — 800. 14 21% . w 4,300 .21% 4 50% 20 90 21% 20% No par Inc 13,300 83% *36% 18 y8 No par A 3% 50% 74% 90% 1 preferred Cutler-Hammer 49% 72% . 14Va 41/0 50 y4 *94% Inc__2.50 prior preferred Curtiss-Wright common 4 37y4 Jan prior 20% 79 181 83% 21% *13% , 14 78 181 85 90 90% _5 78% 184 52% 100 $1.60 19 77% 21% 10 Stores 8,800 -*87 100 common 10,300 26% 20% _5 Drug Publishing 14% 341 a 36% 40% common 13% 33% *84% 74 7,800 14 33% 21% ♦39% Inc__'! Press Cunningham V a 36% 48% preferred--. Cuneo Curtis 4 5,300 30 3 21% 47 y2 preferred Co 14 4>A 49% 36% 21% 43% Sugar Packing 13% 4Va ; 29% ' 11,100 75%. 37% 26 Vb America__12.50 convertible Cudahy 18 28 21% Apr 67 5%% of Co Cuban-American 69 y2 Mar 23 30% Sep 7y2 Dec 21 Steel .13% *72% 1 Corp common-—:5 preferred™ No par 211/a 31% 2,900 9% 44% 36 y8 21% __No par 21% 9 Vb 182 * 75 2.50 common 21 Vb 50% 72 V2 25 Zellerbach $4.20 4 Seal 90 4% 48% * 1 com Publishing & • *87 9% 13% 85 90 35 33 Va v 78% *831/2 26% 34% 30% 183% 85 *87: 21% 14% 4% 2 Corp preferred Crown 11 8Va Oct Corp preferred Cork Crucible 5 13 ya Sep 4 10% Sep 33 29 16 17% Mar 30 54 y2 Dec conv 14%. 1 77% 179% *83% 90 21 25 Petroleum 21 5% Corp 86 *87 100 Wheat 14 24 common common Dec 21 10% Jun Works preferred of Dec 60% Jan 104% Sep Co 42 98% Apr 32% Feb (Del)_ International 45 9 7 Co 26% 34% 9% 14 Vo 34 77 % Cream Shares 26% 34 301/4 33% 15 31 30 1 Jan Dec 25% May 9% 29% ____5 3%% 5 50% Jun 85 Co Glass the Week 9% 8'/4 29 Sales for Friday Jan.29 26% 5 Crane 22% July 21 26 8% 10 Va Coty 4 4 17 33% 29% Products PRICES Thursday 26 33% 9% July 18 39% Jan 23% Feb 28 64% Jan 76 4 17 Va Mar July 23 37% May 27 12 31% Mar 14 26 34 3 % % 27 36% Sep 26% 33% 28% Corning 3 %% 11 24% Jun 3 26% 35% 1 Corn Aug 17 18% Oct 3 26% 34% Refrigeration Corp Range E Jan. 19 preferred-.. 100 preferred series of ^947.100 Cosden Petroleum Corp 1 Coty Inc < i 1 21 89% Feb HIGH Jan.18 , 26 1 Copeland 4 59% Jun AND Wednesday Jan.17 5 Copperweld Steel Co__ 7 23 Tuesday ' 5 Copper 50% Sep Jan. 16 Corp__ 7 39% Jan 85 Monday Par America Cooper Tire & Rubber Co 17 24% Jan of Co Cooper-Bessemer July 11 33% Jun LOW STOCK EXCHANGE 53 *52 Va 200 500 24,500 31 Va 31 Va 3iy2 31y2 31% 31% 72 10 72% 31% 31% 31% 71% 31 % 72 1,000 71% 72'A 71% 71% 70% 71% 3,500 34% 6,500 D 371/8 Nov 46% Dec 21 31 yi Jun Nov 91 % Feb 16 83 83 131/2 Feb 34 18 61 Jan 721% Dec 23 Dan Dec 5 33% Jan 5 Dayco 27% Oct 14 31 45% Mar 9 82 Apr 10 72% Jan 4 Sep 23 81 Feb 27 74 y4 Feb 3 Dec 831/2 Apr 9 75 % Jan 6 Sep 15 45 Dec 21'A Feb Corp common 3%% preferred series A 6 76 17 Dana 15% Jan 71 22 4 27 12 49% Mar 18 Feb 47% Dec 43% Jan 4 12 y4 Dec 19y» July 27 36% July 15 26% Jan 22 Jan 87% Aug 23 Daystrom 58 Dayton Aug 30 Preferred 3.75% series A 3.75% series 28 54% Dec 16 261/2 Nov 4 33 17% Dec 21 28% Jan 8 24% Jan 2 36% Apr 21 7%S2p 411/4 Jun 23 15 y» Jan 10% Feb 21 Dec 7 53 Co Delaware 25 Delta Dentists' 26 18% Nov Dec 6 7 10 15 7 24 Va Mar 8 33% July 29 De 2 66% Aug 29 Diamond 30% Jun 15 41 Va Nov 17 50'A May 29 Va Mar 281/4 Dec 22 32 % Mar 24 28 Jan 11 17% Jan 7 24'A Aug- 6 14% Dec 27 26'A Sep 18 42% Mar 13 14 321% Sep 23 31% Sep 22 21% Sep 29lA Jan Mar 26 17% Jan 6 74 % Jan 7 6 24 49% Jan 24 33% Dec 15% Oct 7 13 17% May 16 16Va Oct 26 15 Dec 30 Dr 28% Oct 20 Dome Sep May 802% Feb— 9 05 278% Aug 3 178% Oct 31 266% Jan Sep 17 7 96% Jan 5 103 74% Sep 21 86% Apr 3 74% Jan 8 83 22% Sep 17 26% Jan 12 21% Mar 8 Dec 4 37 106 Jan 11 301% 30i/4 14% 30% 30 30 15 14% 15 16 16% 16% 24% 24% 25 24% 25 24% 24% 24% 28% 24% 30,600 27% 28% 28% 30% 29% 31% 31 32 18,000 32% 33 32% 33 33 191/4 33% 18% 6,400 19 191/e 19 19 Vb 19 19Vb 191/8 15 15 19% 3,700 15 15% 14% 15% 14% 15% 15% 7,800 27% 26 15% 25V2 19% 7,100 16% 171/4 33% 52,500 16% 17 16% 17 16% 16% 17 17% 3,600 73% 5 74 $2.10 5 Jan 5 75 72 73 71 72% 71% 25% 72% 24% 24% 24% 25% 25% 25% 25% 26% 39,600 30% 31 31 32% 31% 33 32% 33% 35,600 18 18% 18 1 17% l (E I) *10 8 Eastern Air Eastern Gas Nov 21 4Vb% Co common 1 25% Jan 4 Eastern Feb 1 136% Jun 9 Eastman Mar 31 28% Sep 20 96% July 22 46% Jan 6 63% Aug 13 48% Feb 1 89 65% May 23 79 7 24 6 7% Dec 17 38% Jan 14 63 Va Deo 9% Jan 7 32% Nov 87 14 Jan 1 15 17% Oct 25 44% Apr 29 5% Dec 1 88 Jan 40 Mar Oct 29 70 56 Oct 2 4 26% Jan 25 8 Va Feb 9 102 78% 77% 78% 1,200 26% 26 26% 26% 26% 39% 110,800 39% *38% 39% 39 39 44% *43 % 44% 43% 43% 43% *38% 39% 43% 431/2 43% *43% 441/4 44% 441/8 ♦44 45 *44 45 *43% 44 *43% *43 43% *43% - 43% 2,800 120 44 10 *41% 43% 45% 44% *43% 44 44 *44 44 44% 441% 44% 44% 44% 19% 19% 19% *43% 19% 19% 19 19 22% 23 22% 23 25Vs 25% 25 25% 22% 25% 23'A 1 com 26% 26 Va 27% 27 31% 32 31 % 31% 31 Va 31% 27% 30% 31% 30% 32 100 Steel Co Corp 82V2 18% 110% 109% *96% 98 Vb *96% 98% Co__ 98% 1 33% 34% 60% ... common—1 62 *83% 40V2 *92% common & ♦ 85Va 40% 96 33% ' • ■ • 34% *61'V2 62 Va *83V2 40V2 *92% 33V2 ''V *61 Va 85V2 *83Va 40% 40V2 96 *92% 18% 110 23 Va 82 % 83% 18% 19 109 98% , 23% 98% 33% 110% .33% 62% 85% 40% 96 98% 19 23% 84% 280 900 24 5,000 38,800 9,300 600 84% 18% 18% 10,600 109V4 110% 32,600 *98 *83% 99% 20 34 33% 33 Vb 11,400 62% 62 62 62 85% 40% 40% *92% 96 *83% 40% *92% 900 85% 40 Va 1,900 96 24V2 25 % 25 % 251/2 25% 25% 25% 45 % 5 1 Co 83 18% 108% 2.50 Auto-Lite 83 18% 111% ^_100 Nut Corp of Amer 1 Electric 83% 18% 109% 100 Co 32% 18% _10 50 Inc 82% 2.50 common 70 44% 19% 5 Assn 160 45 *43Vi 19% preferred Stop 203% 101% 78% 45 Vb 25% 45 45 45 25% 45 25% 44% 45 Vt 45% 47% 43,700 3,600 Electric 7 Electric Elgin National Watch Co 5 12Va 12% 121/4 12% 12Va 12 Vt 28% Nov 23 El 3 12 Va 29% 30% 12% 29% 29% 29Vt 12% 30 13% 10,600 29% 30% 30 77,500 55 57% 55% 303/s 55 % Jan Paso 8 Emerson 6 22% Jun 21 34% Aug 22 Mar 13 38 % Jan 20 84 541/2 Gas 8 23 24 Sep 41% Sep Dec 16 0% Oct Nov 30 54% Jan 5 58 Feb 5% 20% Jan 5 20% Jun 24 6 40 8 Evans 0 89% Jan 27 5% Oct 24 12% Feb 20 28'/a Feb 20 29% Mar 7 61 1 *eb 0% Mar 37% Dec 89 Sep Fairbanks 13% 12% 13% 12 Vb 34% 13 Va 34% common—25 31% 32% 34% 31V2 31% 31% 34V4 35 31% 77% 31% 77 31% 77% 76% 77 31% 31% 76 20% 20% 20% 76% 21 21 21% 39% 21% 39% 39% 39% 22% 22 39% 39% 22% 39% 39% 39% 39% 1,600 6% 20,200 *76 No par & Co 5% 6% 30% 6% 30% 6% 30% 31% 57% 31% 57% 32% 57% *56% 59% 13 12% *56% 13Vt 13Va 13% 1 Morse 6% 30% .—5 Co__ Inc 5% 29% *56 12% 22% 23 22% 13% 23% 13% 23% 13 24% 13 Vb 11,100 36 37% 36% 23% 37% 24% 36% 37 VB. 23% 24% 17,800 37% 37% 37 37% 10,900 27 27% *27 9 23% 1 8 Fairmont 0 >1 % a 6ep~ii 35 23% Feb 8 37% Dec 5 Jan 28 4- 33% Dec 27 5% convertible Co common convertible junior Falstaff 440 4,800 50 24% 18% Jan 4,700 77 100 Corp___ Foods *76 12,600 21,800 3 com No par 4% 18,700 12% 33% Whitney Corp com 1 preferred 40 Falrchild Engine & Airplane Corp_l 20 3,900 13Va $1.60 , 46,100 33% Fairbanks t7% Nov Mar Products Ex-Cell-O 57% 6 56% 12% Pittsburgh RR Co Eversharp 7 561/2 6 55 33 % preferred series A Erie & - 6 55% 13% Erie-Lackawanna RR Co 7 11 57% 5% 54 Va 33% 4% 20 55 6 55% 13 8.50 8 5% Dec Corp 58Va 5% 55 33% Equitable Gas Co Sep 28 28 Johnson 57 6 541/2 10 1 Apr 20% Deo 2 5 Co 7 28% Oct Jan Mfg 100 —1 11 26. 5% 55% preferred Englehard Industries 20 0 6Vs 55Vt Electric Endicott Aug 30 52 Va Dec Sep 14 Maris 5% 10 Radio & Phonograph District Electric Co Empire 4 Jun 25 8 shares— Emerson 9 Amer Battery Natural 53 Va Dec 32% Feb 4 Mus Ind Storage 29 78 ~5 see page Elastic 199 102% 79 *78% 10 Inc__ Fuel Stores Products 28,600 400 26% — 441/4 45 2,600 44 *43 % 5 preferred 4Va% 39 21,800 8% *9% 23 20% Dec footnotes, 81/4 18% 9% 8 9% 26 38% Aug U 10% Jan ig 36 9% 8 Jun 37% Apt 0 10% July lg 37 Ekco 4 54% Feb Bros 43% 50 Manufacturing 4 'A % 25 Apr 2 30% Mar 12 28% Deo 15 49% July J 8 Vt. 8 Vt 19% Jun 23% Dec 63 May 10 *8% 208% *44 50 ; preferred Edison July 29 5 50 Eaton & Kodak $3.60 5 16% Dec 31 18% *9% 102 50 Lines Stainless 10 Va Dec 26% May 11 28% Aug 28 41 Vt Deo 23 16 18 - 73 25 24% Oct 31 76% Dec 181/8 10 8% 10% Oct 33 29 17% 10 8% 60,400 43% Oct 24 21 Mar 20 32 Va Jan Aug 45% Jan 94 18% 2061/2 50 prior preferred Nov 92 92% Oct 72% 101/4 8% & Co- Eagle-Picher Co Jan 30% Aug 30 21,800 30% Inc Cigar Corp. 34 - 26V8 30% preferred DWG 94 31% July 16 55% Aug 7 8% Deo 16 25% 24% preferred 4.20% preferred 4.10% preferred 15 46% Dec 251% -50c 4% 15 July 11 24% Jan 88 26% _„1 8 89 Mar 21 26% 26% 1 May 15 331/a 26% 8 45% Deo 32% 19 _i 22 3 r 26% 44% Aug 24 82. : 31% 1 20% July 28 Mar. 3_ 1,400 251/4 33 39 75 5,200 16% 32% *43 23 1,600 14% 16% 28 50 8 30% 14% 161/2 2 50 23 30% 15 *16 Va 26V4 26 4 30% 30 % , _5 Oct 4 For 7,700 31,600 202% * Dec 16 78% Aug 11, 62% 41% 14% International 94 6 2 61% 40% preferred 30% Apr 6 38% Jan Co Chemicals 112 15 l 62 Va 40% preferred 85% Jan 9 0 61% 39% 16 Co Light 600 62 % 391/3 30% Industries Duquesne 200 18,600 61% $4.15 Oct 16% 30% 38% 11 24 Va Mar 16 30% 62% Jan 31 16% 30% *30 102 13 56 39 40 46% Apr 9 34% Jan-21- 16% *53 61% 27 28% Deo 16 % -30 %< '•■30% 56 200 42 22 *53 103 47 22 30% 56 38% 46% Jan 32 16 631/4 $3.75 B8% Dec 29 *53 16 203'A 26% Sep 46 15,500 56 38% Aug 16 Mar 23 1,800 49% 62% 41 17% Oct 27 8 Vb 43% 38 13 27 8% 49% 30% 30% 18% 8% 49% 15% -y 19 8 Va 49% 102 2 Jan 301/4 18% 8% 48% 199 19 7 56.; 15%. 19 A 8% 79 42% Jun 81% Jan 28 7% Sep 29 55% 18% 8% 102 82% Feb rmwov 31,500 19 49% . 49% *54%-. 204% 46% Feb 84% Oct 22 18'% 8% 49% 79 8 17% Sep 21 19% Mar 2 13% r^*8 % 8% 49% 102 5 34% Dec 7,700 200 42% Jan 12 % Sep 18 23% Jun 22 26% 79% 38% Jan 36% Jan 26 102% 46% Mar 13 Aug 26% 79% 48% May 20 46% Jan 13 Feb 25% No par 18 18% Jan 25% No par 16 34 25% series Dec 89 11,500 25% series Nov 83% Jan 25 V: 18% $4.50 41 36% Jan 25% 18% $3.50 41 36% Nov 3,100 25V4 31% Preferred 44% Aug 25 44% Aug 24 88% Jun 43% Preferred 1 23 % Sep 21 75 Apr 16 20 31 14% Common 16 21 73% Dec 19% 42% 31% Aug 16 38% Dec Dec 20% 43% Aug 40% Dec 25% Sep 19% Jan Mar 24 25,100 19% 29% 37 33% Oct 14,800 43 Vb 27 18 56% 30 42% Feb 40 y4 Jan 551% 16 Duplan Corp 5 56 43% Inc de Nem 55% .20% 2.50 Drewrys Limited USA Inc Pont 56% 19% DuBois du 56% 19% Corp Dwnhill 56% 32% Dresser 4 561% 49,000 19V8 4 22 35 % 31% 18 13% Jan 57 35% 19% 12 14% Jan 351/2 32% 33% Sep 19% Aug 5 35 18% 30% Jan 7% Sep 27 35% 30% 20 8% Dec 34% 18% Mar 15 6 35% 30% Dow 14% Aug 17 8 10 34% 301/4 4 Fund Aircraft 10 35% xl8% 24% Jan 14% Jan 23 82 30% 99% Jan 24 *80 20 70Va Oct 25 12% Oct 82 27% 11 25 *80 19% Dover 19% Jun 81 30% 5 24 81 26% 10 21 81 1 4 42% Feb 45% Jan 81 -___No par 19% Jan 28% Apr 70 78 1 7 5 78 *771% 59% 43% No par 6 6 *77% 78 59'% 29% No par ,j Ltd Chemical 3,400 77% *77% 14% Ltd 27 100% Dec 59 *76V2 77% 15% Productions 14 Va Dec Douglas 58V2 76% 77% 1 17 Dominick 59% 76V2 78 59 19% Club Inc 21 July 59% 77% *77% *79% 29% 25 Pepper Co Mines 59% *76% 78% 441/4 50c Corp-Seagrams Divco-Wayne Corp • 28% Feb 59% 76% _2.50 Corp (Walt) 7,200 10 Distillers 15 10,300 _1 Corp 27 % Aug 22% Jan 11 Co 53% Jan 27% Nov 11 Disney 4 12 32% 1 Corp (The) 9,800 32% 15 Fruit Diners' 15% 33% 19% 1 preferred Stores 15% 32% 43 Corp National DiGiorgio 4 33% Jan Oct 10% Dec May 18 20% July 23 28 19% Jan 12 22 2 367/a Oct 20 24 Diana 23 17% July 15% 33% 291/4 20 Alkali $1.50 > 14% 31% 44% Coatings Vilbiss Co— ^Diamond 9 14 Apr 20% Feb 28% Jun 23 17% Jan 25 16 14% Oct 59% Apr 24 36% July 29 21 11% Nov Sep 30 38% July 31 15% 31% 30 Edison 30 15 % 19% Hillsdale & S W RR Co_100 Steel 15% 31 44% Detroit Detroit 14% 31% 29 Va 2.50 DeSoto 4 15% 13 Va 33% 6.75 Co NY Detroit 26% Jan 8 of 20 6 ' Light Co 14 13 87% 13 56 JA Rio Grande West RR_No par 64% Oct Jan 1 Inc Chemical *86 13% 34 No par Mar 21 60 87% 13 _3 & Lines Supply 13 191/2 May. 7 46 (Delaware) 34% *86 13'A *79% 50c Hudson™ 34 87% 59% 100 Jan 2 Dec C Inc Power Air Denv &t 4 series 34% 13 76% 100 49% Dec 52 y2 Dec 28 & Delaware 47% Aug 11 31V* Aug 24 13% Sep Apf. 28 Dec & 26 Va Aug 40 Va Mar 23 29 Deere 20 47% Mar 13 27 V* Oct Records 21 68 8 Decca Apr 20Vb Jun May 26 3.90% 34 *86 13 Vb *77% B—„_100 Preferred 34i% 871/4 13 15 7 common: Preferred 38% Apr 25 Light 341A *86 13% 31% 10 & 16 Sep 681/4 July 31 16% Nov Inc Power 34% 87% 13% 50c 80 1 20 34 Vb *86 5 80% Aug 23 8 35% May 17 _i 100 Inc__ 82% May 23 39% Dec 15 17% Jan 15 Mills Corp 49% May 31 19 May 25 River preferred preferred Brewing Corp Famlily Finance Corp 6% 25 9% 24 6% 35% 26 9Vb 24 6Vb 27 6 26 6% 27% 9% 9% 9% 24 Vb 24% 24 Vb 6% 6% 6% 8% 35% 35% 36 *81 % 82 *81% 82 *81% 82 46% 47 46% 46% *46% 47% 35% 33% 36 34% 35% 35% *35% 35% 33 Vt 33% 34Vt 34% 33%. —50 1 1 i 36 37% % 10 28 8% 9Va 24 Va 1,200 24 Va 6% 37 1,950 59 % 9% 6% 1 *56% 32 24% 24 ^.100 , 59% 6% 32 6% 6% 207,500 1,400 14,100 38 38% 39 82 *81 Va 82 47 47% *47 35% 36 35% 35% 2,300 34 Vt 33% 34% 2.200 *81% , 48 "29,400 . 460 A»uMis«i^«.^kfte^/^i^U^^^^^UOIw>n *U* ut t* Wiri.* k- riwt (u*»V *4*«r>i< J j>*< tfxt < Ai i'ivl^wVjrtw^i J^hi^ii«tiVi^i9 7^ Volume Number 193 6023 . . The . Commercial and Financial Chronicle (391) 19 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1959 Lowest Range for Year 1960 Lowest Highest 49 % Feb 9 5% Jan 72 Oct 44% Nov 9 5% Dec 28 28 6 10% Apr 30 16 Va Mar 10 22 Va Apr 24 32 % Nov 10 40 y8 Dec 23 21% Jan 2 NEW Highest 15% Oct 69 y* dan 4 Nov" 25 56% 9V8 Mar 29 5 20% Jan 4 40% Jan 6 21% May 26 23% Aug 25% 51% Dec 27% Jan 4 Federal 19 24% JUn 9 5%% 33 Oct 45 26 19% May 23 32% Oct 24 12 Jan"" 19 15% Nov 27% Jan 20 15% Oct Jan 4 Federal 22 Vt Aug 15 39% Dec 14 20 31 Federated 4.60% May 12 67% Jun 15 Fenestra 24 24% Oct 26 47 Fiberboard 13 V4 Oct 19'/a Jan 12 14% Jan 5 20% Feb 4 31% Nov 44% Jan 16 27% Oct 24 39% Feb 26 2 32% Oct 23 80% Jan 20% Jan 14 31% Dec 4 45% Jan 30VWun 5 13% Apr Oct 25 61% July 30% Jan 17 13% Jan 28 22 32% Sep 81% Dec 21 44 % Jun 23% Nov 23 89 80 99 21 Feb 117ya Jun 7 Dec 2 Oct 5 22 Sep 21 35% Jan Sep 22 17% Jan 2 40 Feb 9 170 Feb 16 216 July 10 95 : 87 93 • Jan 8 B Aug 13 17 25% Oct 5 20% Aug 45%Mar 50% Jan 2 93% Dec 26 Apr 22 4% 63 Dec 21 248 Dec 23 3%% May 31 3%% 88% Jan 13 11% Oct 95 20 12% Nov 21 13 12 Oct 25 19% Jan 24 Oct 24 41% Jan 29 3% Dec 30 28 22 18 17% Dec 24 77 Feb 26 66 Dec Food 5 May 12 37% Apr 30%,Dec Mart Foremost Co,.— 28 .16% Jan 2 - 33 6 Dec 30 Freeport 15 Fruehauf Franklin 84% Nov 21 Feb 9 10 4% Sep 28 50% Jun Nov ■> Mar 37Va Jan 19 .17% Jan 8 5 19 % Sep. 16 21% Jan 4% 4 27% Jan 51. Jan 38 Va Inc Stores Corp Sulphur Co_ Trailer Co 24 Sep 31% Mar 25 8 17 Apr 22 Dec 14 891/4 Oct 20 22 18 . . Nov 36% >96-% Jan 39- Dec Jan 14% Jan 22 138» Jan 28 153 » ' 4 May 18 9 21 Nov 74 84 12 6 33% Oct 1 5 9% Jan 13 : 21 28 16 9% Jan 31 34 Va Jan 27 26 45% Jan 25 75% Mar 2 146 82 8 July 22 General 14 36% Dec 21 8 '/a Jan Bronze 24% 25 24% 67% 69 Va 69 1334 14 13% 32 % 32 ' 31%. Jan 28 60 29% Jan 2 43 52% Jan 53% Sep 2 73 14 5% Jun 16 Nov 27 a 35 27 61 15 5 26 % Oct 23 39% Feb 22% Mar 9 18 23 V* Oct I Jan 2 11% Jan 8 39% Nov 9 18% Sep 28 20 Va Oct 19 31 23 May 22 26% July 29 7 24V* Jan 5 23% Oct 25 12% Oct 44% Jan 86% Nov 15 90 Dec Jan 99% Mar 8 98 2 27 104 40% Dec 2 Jan Jan 17 24 41% Oct 25 ' 4 26 64 Va Dec 28 19% Jan . common 4 71 17% Nov 25 28% Jan 42 Va Feb 17 42 23 * 12 V* May 20 May 17 14 Va Oct 26 11 59 Jan 13 54% Dec 50% Jan 11 19 8 29 Nov 12 96% Apr 1 88 19% Nov 20 *27% Jan 8 65% Sep 16% Oct 27 92 13% Apr 29% July 13 50 % Jan 27 29 41% Nov 2 17% Dec 4 2% Oct 19 conv 96 Steel ' - Tire 3C"7 " Rub St 6 $4.50 3% Jan 11 Globe-Wernicke Goebel 28% Oct JulTTi 44% Jan Grace 6 % Nov 20 37% Aug 20. 30 22 8 % Jan 18 4 24% Dec 31% July 1 . 44% Nov 16 c: 25% Mar 23 Oct 23 > Oct Feb 17 32% Dec 30 17% Jan- 83 Dec 23 87% Dec 5 1 89 Aug 12 30% Mar 30 79 For all other Jun 80 7% 0Ct 31. 30 V* Sep 18Dec 33% * * par footnotes, 104 7/a 80 80% 34% 109 42% 105% 80 .. 1 20,800 109 42% 400 43 % 130,600 105 % ,29% 39% 2,500 1,600 4,400 18,700 57% 5,000 > 105 " 2,100 34% 109 ,v' 105% 80 6% 34 \ 43." 79% 6% 29% 29% 29% 79% 29% 38% 39, 38% 39% 57%. 56 56 % 56% 56% 57 *38 39 ♦38 39 72 72 72 72 *72 75 75 75% - ' 5% ". 5% 28% 29 30 *12% 30 12% 12% "22 % 22% 22 * " 27% 28 Va 27%' :■ ;„:7 - ' "* - ' • 29% 39% 80 5% 5% 6 *38 *29% * 38% 56% 40 . 56% *37 76 76 73% *75% 73% 40 *72% , 73% 76% 5% 6 28% 29 28% 31% 31% 1,100 500 28% ' 30% ... 32 y4 5% . 6 35,700 20,200 5,300 " 7 -1 28% .7- 28% ■28% 29% 30 28 % 30 29% ; 12% 12% 12% 22% 22 22 % 27% , 27% 28 26% 26% 26% 27% 14% 15% : 12% 12% 12% 22 , 22% 22% 22% ;v 27% 28% 27% 28 26% 26% x26% 28% 27%. 26?4 27 14% 15 14% 16 % 119,000 72,300 62% 48,700 • 12% 1,200 2,900 10,100 ;'r 26% *26% 26% •27% '.27% 27% 14% 143/4 14% 143/4 ' 59 . 33% 32% 543/a 62 62 62 '17% 18% . 60% > 93 101 ; 95 1 33 32% 54% 55% 62% 63% 63 17% 17 17% 16% 17% 183/a 18% 18% 18% 98 993/4 98% 99% 55 53 % 54 53 53 % *93%' "97; *93% 98 99 .*. 54% _5 " 18% —-5 ' 373/a 5 12% 1% 53% •>. : * 50% *93% 96 V2 18% 18% 13% 14 13% 14%- 37% 37% 37% 38% 12% 12 12% 12 12% 1% 2 1% 54% 2 5,000 19% " 13% 1% 46,900 4,400 15,200 5,800 ; 52% 97'. 37% 2 17 100 18% 12 123/a _l 10 " ■ 66% *93% • 18% 13% .373/4 •• 18% 19,900 9,900 18% >18% 99 y4 37% 133/4. 13% 1 52% 98 *93% 19% 18% 19% . 55% 16% . 100 99 j 8,900 64 18% 98 : 10 33 55% ' 63% / ' 16% 750 102 32% 33% 54% 900 93% *101 54% v 93% 101 32% . 26% 62 62% *93 102 18% 16 ?8 18%* 10 / 543/4 63% 93 ♦101 33% 56% 61% 60% 93 102 54 V* V .:•"•■ 6oy4 93 *101 93 y4 102.. 33 '____ 11 Co ' 60% 58%: 93 " • *101 _4 -No par St 26% 27 Va il,_ 13% 14 39 39% 13 .- a 13% 6,800 2 2 2 28,100 11,100 7,000 54,100 55% 54% 56 55 55 56 55% 58 36 36% 35% 36% 35% 36% 35 35% 35 353/4 29% 30 29% 30% 30% 3.1 % 31% 31% 31% 32 63,000 11,000 1 39% 40% 39% 39% 39% 40 Va 39% 40 % 39% 40% 14,200 15,100 7%- 8 6% 273/a F)- (B Batteries No par Inc (W R) Je- Co— 4 , Grant -5 — City Steel 6.25 (W T). Co. common— preferred—^; 24% Aug 29 19 97 Aug 19 34% Sep 1 29 Jan. 15 11 Northern Great Western Co Financial ; Green (H L) Co Inc— Green Shoe Manufacturing Greyhound; Corp 4y*flt ' 1% 1% 1% 7% 7% 7% 6% 6% *6% 6% 7 7 7Va 7% 4,100 27% 27% 27% 28 Va 28% 11,500 35% 26% ': 9Va.. .. 9% , /- 42% 22% - 9% 41 ?8 41%% "22'/a 28% 28% 36 37% 37% 37% 8,200 25% 26% 25% 26% 25% 263/8 10,900 77% *76% 77% *76% 77% >s 9% x39% 10 Va 9% 40% 40 y2 41% 40% 41 22% 22%, 22 y8 22% 53 V. 53% 53 55 49% 50% 49% 50 36% 35% . 22% 22% 22% 5.3.y8 28% *76% 26 76% 700 ' 36 Va 25% 76% 36% ■ 54»/4 10 9% > ■ Co_ common— 54 Va 50 ■•>- 50% 50% , 53% 54% 50 Va 51 . v 50% . 33 Va 33% Volume 33% ;. 33 y8 33% 29,400 4,800 . 31% 31% *141% 142% 22% 22% 22% 22% 32 Va 31%- 32 V» 142% 23% .; 33% 32% 33% 30% 142 »/4 30% 140 • . 141% 30% ■ ; 141 22% 22%, 141 33% 33% 30% >31 , • 23% _3.. 121 '21 Vb 91- ? '/a ' • 21 y. 91 33% . 21% 91 - 34 ».,/ 34 - . 35% 20% 20% 67 67 for General Motors 21 >21.% 21 % 21% 21% ' '91 r *91 ■ : common - 20 Vb- . ►66 for week 20% 69 >33% 20 V« •67 92 Va 34 21% 70 : 20% *67 34% 20% 70 1 . *67 12,900 50 92% 34% 1 --34%, 20% 2,300 I 21% *91 92% *91 .--'34% 27% 5,500 23% 26% 22% 8,000 15,700 32,500 8; 100 90: 141 141 3 preferred————No par 50 13,400 9% * -preferred--——- CORRECTION: 1% 7% 76% '9% 41 %: l Grumman Aircraft Eng Corp——17 / .Gulf Mobile St Qhlo RK coip-No^par $5 1% 7% 27% ' - 1% ♦7% ~ Corp— 1 Sugar com—par.:* preferred—__i .—100 7% . :No par Great Western - 1% 7% 76 % Ore Prop—No parr Papers O0-— 25 Ry 1% 1% 26. ,-——100 , *7% v 36 —2.507 1 6% 1% 5 Grayson-Robinson Stores——— _1 Great Atlantic: Si Pacific Tea Co 1. 32 V* Mar 14 26. ; : 53% 3%% Aug* 19 lT see page : 34% Aug, 12 32% Feb. 15 Jan 105% 80'A * 73% 53 Va 72 50 4,800 3,200 4,100 6% 33% 108% 42%. 105% 5,100 30 29% 75 22 11 33% 108% 42% ' 80 30 38% :5%' Gt Northern Iron 82 Jan 22% Jan «1 % Oct 33% 42% 36 ♦79 30 ' 108% 33% 105 39 .•> *73 / 10 ;— Co Tire St Rubber- Granite 15 19% Obt J«tv 13 73 * Great 23 36 80 30 Vt 56%' " /.7' Great Northern 4 *■ 109 42%;' 80%, " *38 ? 5 143 36% *79 ' 4 4 36% , 39. V4 29 V4 26 /. 18% Dec 19 17% Dec 80'/4 '.'39 1 52?/* Jan May 11 33% 105% 53% Jan ' 36% ./•a: *107% 43% 105 15 No par 33% 109 421/2 8 ' L 6% '" 107'/2 - 18 - 36% 42 15 % Jan 16 Oct 24 2,400 74% v." 4IV* Jan 26% Jan 27 22% 37% 100J Co Aug 25 26 / 30% Feb 17 1 32 128% Jan 24% May ^9 2 7 11 37 9 5 Sep 42% May 10 22 Va Oct 24 8 47% Feb 28 NoV- * 22% 73% 80c Granby Mining Co LtdGtand Union CO 32% Apr 12 41% Aug 24 Jan » 21% 40% Graham-Paige Corp 74 ; - 2 141% May 19! 20% Oct 24 . 60% Aug 12 53% Apr '27 45% July 126 4 16% July 17 55% Jan 6 7 35% Nov 84 V* Mar 21% common —1 $0.60 convertible preferred-No par 3% Jan 24 V* Juii 74 21% 37% 83%c Goodyear 8% Jan 26 4 80 ' 21% . 2,500 73% — Goodrich 10% Jan 5% May 10 Oct 20 ' 30 % Nov I 8% 41% Inc Gould-National . 8,500 "'V 8Va 40% Brewing Co 89% Jan 15 8% 140 8% 72% ; 47% Jan 7% Dec ^8% *138 . 7,000 "8% 38% 3 Co 5 4 21% 140 30 12,100 81% 81 25% 8% 73% common— preferred McBean 32% Sep 27 Feb 21% 36% 140 5,500 95 . 8% 8Va 140 24% 25 8% 40% Glen Alden Corp May 28 ,10% Mar "18 22% 36% 8V4 n *138 ? 38% ; Glidden „ 22 ioo Gladding 24% Sep 29 32 Va Sep 29 1% Oct 26 4. r1. '8% 39% com Cement Glmbel Brothers 19 1 11 8% 139% 8% 10% 24% *94 : 80% 72% — 15 16 Y *137,» 8% 79% *10% - - %yf5 38% Corp—. Products Co Portland Gillette Co 49% Dec 24 ,8y8 8% 138- 25 73 Corp- Giant 103% Jun 8% Dec !; 8 % ' , —lbc Getty Oil Co! 19 2% Nov 8y8 • 93%"fA 24% 80 % 79% 8 % 24 %i 93% . 24% 24% , 10% 24% 95 * *93 ' 78% •79% 80% 138 _1 14 54% 24% 200 4,100 ,1,200 ; 10% 41% Inc 45% Nov Api--i 94% ••24% / ' preference 76% Jan 42% *93% 25% 79 — 8 Dec 93% 24% 4,900 19% Telephone Co of Florida— 4 45 24% (series B) _25^ Tele St Electronics 1.3.33Va Time Corp. 2.50 45% Jan 20% Jan 24Va 935/a preferred 23% Jan 23 25 25 % • 38 % ... Castings 1 1% Nov 29 24% 24 % , . Public Utilities Corp_„2.50 4 10 V* Nov 10% 71 % Service 11% Dec 28 ; 10% 10% 40% preference- Gerber Sep 23 25 Va Jan 10% -• 1 preference——No 34% Nov 27% May 20 4% Jan Jan 11 No par preferred" Georgia-Pacific 91% Nov 22 68% Decl4 36% Jan 19% Precision Equipt Corp—I preferred—No par Genesco 19% July 18 44'!4 Mar 18 ♦25% 19 Va conv 5%% ' Mar 30 :*4 '' 26% 19% 100 convertible General $5 • 54% Apr 24 28 4% 26 Va 19% par Corp preferred- General 23 17 Oct 4% 26% 19% 22,600 $1.30 1 61 »/a Jun 40% Jun 46 4>/a 26% 4% ♦25% 19% 32,800 General . 4 26 4% 4% 26% 191/4 41% 12 40% Jan 25% Oct 4% 26%J"; *25% 19% 19% 4% *25% 3,400 1,700 "12,300 733/4 5 3 53 Va 38 General Mfey 31 96% Feb 54% 4% General Railway Signal——6;67 •, General Realty St Utilities10c. General Refractories ,_10 4 103% July 53 . 72% General 1 5 51% 53% . ••.,■ 41 $2.98 1 6 52% , 37% General Public 6 Jan 52% • Motors Corp common 1% $5 preferredNo par Preferred $3.75 series-—-No par 30 Jan 48% 38% 5% 28 91 22% 48% 38 !4 22 100 48% 53% 13%k 22% 49 1 $1.60 3 8,100 22% 12% 22% 48 Va 49,000 $3 26 12% 22% 48% 13% 22% 274,900 General 81% Jan 12% .12% i "-T 67% 20 33 Va Jun 12% 22% 48% 67 22 26% Sep 12% X22% 68 Jun 34 Va 280 *75% 67 General Dec 76% ' " 50 i/ 24 75% 68% 22 29% Jan 75% 67% General Outdoor AdvertisingGeneral Portland Cement Co— 13V* Dec 33% Jan 75% 69% 15 27% Dec 36% Jun 75% 90,500 68% 21 Nov 23,000 23% 70 Va Dec 6 • 3iy4 23 69 Va 85% Jun 5 30% 23% 19% 79% Jun Sep 20 Apr 31 22% 48 23 53 V4 ^ Dec 45 12% 22% 52*% Corp 66% Jun 20 1,200 30% 22% , 75 Va 75% ,49% -5 41 25 75% 48% 5 28 Sep 28 57% Sep Nov ;21 7 Sep 29 24% Oct 16 5% Jan . 13 11% Dec " 28! :* Nov .27 Dec 76: ; 22% Nov' 30'; v.26% Nov - -43% Oct 301/8 21% , 44% 108% Aug 25 85% Aug 17 4 29% V 19 111 July 1 July 13 14% ' 12% 7 * General 32: 14% 43% Aug 22 6 55% Jan 21 % 5% 18% Mills 76 Va Jan 5 Va 44% General 3 51/4 14% 18% 19 25 3,700 2,200 5>/4 14% 43% 33% Dec Mar 23,100 5% 14% 5 23% May 23 101% Jan 7 Nov 13% 33% 19 Instrument 87 1 95,700 13% 32% 43 % Finance Corp— Foods Corp 43% May 25 70% 13% 32% 5 211/a 75% 69% 13% 32% 18% General 26 70% 13% 43% General 16 70% 120 18% General 14 8,800 14% 30% 21 Va 3,600 24% 43% 14 23 29% 217/8 13% 241/4 18 Va: 29 .23 % Dec 30 13 24% 32% 4% 2lVa - 13% 24 42% 28 .751/4 Dec , 14% 29 Va 13 247/8 -70% - 19 75'/a Dec .35% Nov 4% 14% >14% 13 43% 50% Jun 5 5' 47/a i4i/2 14,900 94'/4 13% 32 % -• 62 941/4 321/4 14 32 y4 61% *220 941/4 18V2 38 Va Dec 100% Jan 12% 13 y8 62 94V4 421/4 8 23 95 1 22 % Mar 40 % Dec — *941/4 95 5;... 30% Apr 21 61% Aug 18 7 *220 *941/4 6% Electric Co 4 61% *220 611/4 621/2 *220 9,700 6 % General 3 621/4 61% 63 V4 95 30 54,300 6% 4 Mar 14 86 6% 99% Jan 58% July 14 6% 28 112 % Ma r 14 6% 70 % Sep 114 14 2 31 28 14% Gen Contract Finance Corp General Controls Co— i 99% Dec 22 28% 14% 29% 22 Mar 25 27% 30% 74 45 28% 36% 78% Dynamics 100% Dec 27% 36% 78% General 10iy4 Dec *85% 28% , 29% 5 37% Aug .25 85% 28 141/4 69% * 34% 85% 29% 14 24% > 341/4 86 27 29% 115 17,200 36,500 29,700 16,400 80 11 28 *85 ya 341/4 38% 30 Va 53% Jan "30% Dec 86 20% 30% 29% Jan ~8 *85% 64% 19% 33% 34% 62% *78% 23 May 21 86 34 34% 381/4 20% 8,700 80 15% Oct 25 , 33% 38% 62 »/4 18% 180 1,500 77/a 31 33% Sep 38% May 341/3 45 7% 6O1/4 18% 38% ' 44% 7% 38% 60% 18% 67% Inc 5 40 59% 181/4 44% 7; 99% 30% Co 39% Mar 18 9 38 60 18 99'/a *78% preferred Cigar 66% Jan 6 38% 58i/a 18V2 9,800 83 1 1st General 28 Jan 37% 60 62% 5- 30 16l/a Feb 7% *82 ..No par 100 Jan 30;y 44% 7% 23% Corp 42% Oct Sep 441/2 7% *220 2 Cable Corp com 4% 4 ' 24 * 44% 15 No par General 12 Dec 6 28% 7% 12% Corp General - Aug 24 21% Apr 28 y8 44% 100 common^ Bancshares 28'/a 7% 28 % Transportation—1.25 Baking Co preferred— $8 4 2,700 28% 44% Investors com—1 —_—: General 50.300 71/4 7% 133/3 AmerQil Co of Texas General: Amftr 11 22,900 29% 44% 2 preferred.: Cor.p— voting pref—— .No 80% July ,5 56% 7>/4 100 Industries Inc, com—1 preferred 54% 28% 7% 83 _$ — . 12% Jan Oct 1 $4.50 29 *98 86 —8 — Co American General 32 Va Oct 2 '7% Feb General 56% 7% *82 1 conv 46,900 - convertible $0.60 90,000 83 333/4 Acceptance Va Oct 7% Jun 16% Oct Mar 17 25% July 6 99 30 137. 42% Apr 10 45% May 11 4%% General 26% Jan 8%: Dec 10% Mar 25 23 ,,, 58% Feb May .19 7% Feb .37% Oct - Jan 17 22 29% Nov • • 90. 7 22 16 Gar Wood 2 13,300 36 31% 28% " , 100 Garrett Corp 9 30-% Jan y* Sep 20 21% Dec 67% Mar 11 61 '4 Feli/9v' 11 Feb"!~2 19% Sep 11% Sep 341/2 35 100 38 8,400 2,600 33 y4 *98 17% ' 311/4 *82 - , 10,300 » 33% 99% 1 common preferred 16% / • 34% 311/4 ' 32 55 591/2 10 Skogmo Inc— 15 • 83 " 1 Gamble 7 71/4 2 Gardner-Denver Dec t 7 : 30% 134% 32% 10 7 6% Jan 29 34% 31% 37 % No par 5 19 9 32% 33 Va 31% 13 y8 Co 59 11 31% 35% 31% • 99% 1 Gabriel May 31 42% July 27 3% Oct 24 10 -29 Dec 19% Sep 29 26% July 23 56% May 21 40% Oct: 20 38 12 May 11 31% 34% *94y4 5 G 12% Jan 31% 35% 32 % * '16%' 32% 2 Dairies 8 30% Feb 5 May 27 16% ' , *44 Corp com—10 preferred—100 Foster-Wheeler Corp Francisco Sugar Co Jan 32 30% * 99 Va 1 Inc Mineral 15% Jan Mar 30 22, 30y8 16% 98 Va' 10 Ford Motor Co_— 19% Feb 30% 16% ;• 100 Foote 5 18% Jan Chem <fc convertible 6 8 30% 17 *82 15 preferred 7 14% Jan 68 Food Mach 92% Jan 21 30% 16% 17 Va 32 % 29 1 common preferred 35% Jan 12% Jan 20 convertible 17% Nov 22 49 ya 30% 18,100 5,600 181/4 47% 31% i7-<*»- 35 No par $4.20 divid pfd ser of *51 Giant Markets Inc com— 60% July 25 1 23?4 Nov 3 5 23 17 46 31% 2.50 Food Fair Stores Inc 21 21 16% 48% 31% 2.50 15 Dec 21% Jan Railway Light Co 19% Jan Nov 6 Coast 5 4 31% Sep 18 East Food 14 Va , Mar 11 14% Nov 28% Apr Sep 27 44% May 13 196 May 31 55% Aug 27 . 13 26 11 16% 47% 17 % r —100 No par Co__25 Corp Ltd Sep 80v r _No par 2nd pfd 39% 17 49% *82 34'/a Apr 85% Nov ... 38 y4 17 48% 83 20% Oct 2 11 84 39% 16% 48% 28% conv 18 36Va 23»/4 16 % 28% $2.25 22 361/4 *22% 47! 291/4 Sep 600 3,200 36% 23V4 16% 29% pfd 13,800 30 Va 5 A 2nd 5,600 16% 241/4 483/8 Flintkote Co conv 29% 16% *24 16V2 7Vs preferred; 29 17 241/4 39 28% $4.50 29ya *22% 57 Jun 11,200 30 Va 7% $4 18% 473/4 ; 56% Apr 181/4 36% 28% & 28 29 39% No par common 3,700 1,600 18% 16% 23% 38% 7% Power 5 11% Apr 9 •*22% 38 28% Fluor 50% Feb Mar 23V4 37% 56% Florida 23 43 *22 Va 38% 7»/4 '28% 17% Dec 56% Dec 27% May 29 1 23 % 38 1 Corp 15 .*22% 27% Power 15 35% 55% Florida Dec 35% 28 38% May 10 68% Jun 29 Jun .35% 56 20 15 35V4 71/3 45 30% Dec 37 34%. v 61/4 . *24 27% 110 43 17'A 24 .. 49% 61/4 29 29 16% 24 '54% 22 Jan 29 17 % 24% 5 29 5 29 49% 6% 18 17 501/4 6y4 18 2 Florida 31% Mar 17% 28% 49% 6% Firstamerica Corp Firth Carpet Co— 12 9 Shares 50 *6% 18 24 -10 — Firestone Tire & Rubber 6% 17 Va 17 y4 Prod—No par — the Week 24Va 1.25 Sales for Friday Jan.20 17 1 Corp PRICES Ja-n. 19 '■•24 10 Paper SALE Thursday 49% 49 6% HIGH Jan. 18 i\ Inc 9iy2 Dec Jun 29% 6% AND Wednesday 23 25 84 26 28% 48% 18 5 com Stores 38 ya Nov Sep 6% 17% First Charter Financial Corp_No par First National Stores. No par 38 Va Apr May 27 Co Fifth AVenue Coach Lines Inc 6 22 Oct Bearings pfd series A Corp Filtrol 19 24 / 6yaNov 28 9>/4 Jan Ferro 5 47% Dec 22 Oct 55 Jani 2nd Dept 35% Oct 50y4 2 preferred 21 Jan. 17 49 Paper Board Co common—5 57% Mar 20 45 Va Feb Bower Pacific Electric conv V —5 Tuesday Jan. 16 * _1 Fedders Corp Federal Mogul 15% Dec Jan~26 Monday Par Metallurgical Corp Fa wick Corp— 21 ya Sep 43% LOW STOCK Fansteel July 28 25 y4 31% July 29 YORK EXCHANGE s* 20Va 70 ending Jan. 13 should read 156,100 not 1,561,000 as reported. . -20.300 10,500 100 20 (392) The Commercial and Financial Chronicle . . . Monday, January 23, 1961 NEW YORK STOCK EXCHANGE STOCK RECORD Range for STOCKS Previous Range for Year I960 Year L959 Lowest Highest Lowest NEW 24 26Va July 25 3 37% Dec 32 28 Jun 9 80 Dec 29 89% Apr 81Va Dec 16 94 Jan Apr 9 88 4 Jan Gulf Oil States Corp— 34% 34 34% 34 No par 35% 35% 35% 36 % 33% 36% 36% 37 37 37% preferred 100 <>85% preferred dividend preferred 100 89 % 75,200 34% 6 86% Aug 26 $4.20 dividend 91 % Oct 7 $4.40 dividend Common 12 $4.44 Dec 30 104% Mar 3 97 Jan 4 103 % Nov 15 $5 Dec 22 105% Mar 4 97% Jan 11 103 Va Aug 19 $5.08 24'/a Sep 28 36'A Dec 29 Gustin-Bacon Mfg Co Feb 24 .Jun 3 Aug Shares 34% 7 91 the Week Jan.20 34% Jan 87% May 18 Friday Jan. 19 34 96 7 Sales for PRICES Co— 98 Aug SALE 35% 38% Jun 82 HIGH 34% 8 23 AND Thursday Jan. 17 8.33% Utilities 84% Jan 9 91 27% Feb 8 13 Sep 37 Tuesday Jan. 16 Par Wednesday Jan. 18 Monday EXCHANGE Gulf 85 Va Mov LOW STOCK YORK Highest dividend preferred #88 *35 % 87 89 Va ~ 100 100 dividend preferred *85 Va 87 *83 Va 89'/a 87 87 *85'/a 89 89 V *85 '/a 89 92 2.50 34% 92 92 *88 92 *88 103 *101 103 *101 103 *101 103 102 102 *102 103 *102 103 102 102 35 35 35 54 *53 /V, 100 / 92 >101 103 102% *88 1G3 *101- 100 13,900 87 ♦88 89Va 89 *88 34% 34%; 35% 80 12,800 351/2 35 35% • % H 44% Feb 20 49% Nov •48 Va Nov 20 48 71 '/a May 19 25 Va Nov 4 20 V2 Mar 31 88 Feb 6 28Va Jun 19 9 ,35% 24 29% May 22 Nov 1 31% Apr 4 Jan 4 106% Jan 6 26 'A Jun 20 32% Jan 25 61% 132 Nov~ 10 42 13 121 Jan July 27 25 47% Jun 24 24 18% Oct 7% Jan 16 35 % Nov 30 12% Apr 39% Apr 8 % Oct 50% Dec 17 38 % Apr 22 88 Va Dec 28 7 9 % May 25 12 2 90% May 14 40 80% Apr 82% Dec 16 8 34% May 11 37% Mar 13 29% May 12 32% Jan 18 7 25% Jun 13% Dec Sep 29 Jan 34 6 13 46% Apr 27 42 % July 29 38% Feb 1 18% Oct 26 23% July 22 72 % Aug 25 15% Mar Jan 8 3 5 64% Jan 9 85 7 Jan 12% Mar 3 31% Jan 117 76 19 Mar 9 8 60% May 11 11% Oct 39% 82% Dec 8 111% Aug 26 Dec 20 119% Dec 9 67 Dec 21 28 Jan 4 24% July 13 68 Aug 22 July 13 Jen 21 W) (G 7% Hercules Hercules 5% Powder Hershey $4% Hill 2nd pfd 56 22 Hilton Hotels 5%% 5% Corp pfd conv Furnace 52% Oct 20 Homcstake 22 65% Jan 2 40% Jun 2 67% Dec 19 Honolulu 30 47% July 22 27 % Oct 25 41 Vb Jan 4 Hooker Dec 15 90 Va Apr 81% Feb 2 13 $4.25 20% Dec 12 9 9% Apr 32% Apr 19% Jun 2 24 Feb 36 % Dec 30 41 Frb 26% Dec 14 19 8 Jan 14 Hotel Sep 30 21 Jan 14 5% 10 22 Vb Jan 4 36 Vb Mar 17 12 Sep 26 16 V* Oct 5 6 38 Va Feb 10 9 4% Oct 30 16 7 35% Dec 4 79 Aug 19 3%% 6 77 8 85 Va Sep 14 A% Sep Houston Stores 22 65% Jan 21 29 90% Dec 11% Mar 30 19% Jun 30 8 27 July 13 13% Dec 2 24% Jan 4 50% Sep 21 66 Mar 17 43'% Jun 29 54 Va Jan 14 Hudson 24 Ve Mar 14 40% Dec 16 Hunt Foods 84% Feb 94 Sep 14 93% Dec 27 18 15 Jan 5 84% Dec 10 75 29% Dec 14 93% July 30 25 90 Va Aug 24 5% Jan 35 7 9% Dec~31 Jun 25 39% Dec 19% Oct 13 23% July 6% Oct 13 % Jan Oct 26 39% Jan 5 16% Oct 31 25 27 21% Jan 7 32 9 Howe 52 Jan 12 46 23 39 Apr 17 40 21% July 25 24 55'A Jan 21 28 VB Oct 1 41 Feb 18 , 47 Jan 14 42% Jan 45V2 Mar 18 41- Feb 41'A 8 10'A Feb 18 5 30 July 7 •741/2 Nov 17 109 May 7 May 6 70% 72 % 72 73 % 38,900 37 36 "2 37% 36% 36% 19,100 *85% 86% *85% 86'% *86'4 86% 23% 23 % 86% 23% 51 *86 86% 23% 24'% 24% 25 5 25 4% 25'% 4% % 4,300 7,300 5 % 4% 16 % 17% 17'A 17% 171/4 17'A 400 17% 17% 17% 17 Vb 17% 17'A 17% 4,600 36 %< 36% 36'A 36% *36'% 37 36% 36% 500 33% 5% 34 34'A 8,600 5% 5 16% 16% 17% 17% / 34 % 37 76 -76 5 * 16% 34% «>% % *75 34 23% -v ■ ■ 34 34% 33% - 10 91% 91 90 89 10,200 13'A 131/4 900 16% 13,400 Bay Min & Sm Ltd__No par 46% 46% 46 Vu 46 % 46'% 46 '• i, 46% 46% 46'A 46% 4,100 40% 41% 40 41 % 40% 40% 40 40% 39% 40% 31,000 92 92 92'A 91 91 92 92 Indust Inc <fc 5% 5 com preferred series A 5% preferred series B Hupp Corp 100 *90% 92 94 Refrigerator . Co 8 % 50 convertible pfd series A *92 'A _1 common Hussmann *90% * 100 35'A- 35% 19% 20 5 57 Va Aug 24 Idaho 31% Jan Ideal Cement 4 8% 8% *35 19 Va . ♦92 % 94 8% 8 '/a 9 8% 35% 19% 19'/a 94 • *92 % 94 *92 % 35% *92 1% - 8 % 8% 70 94 8% 26,600 35% 36 36 *35% 36% 300 19% 19% 19% *19% 19:% 3,700 : Co 54% 53% 53% Illinois Central RR Co Illinois Power 35% preferred 50 22 163 55 65 Sep 145 Dec 57% Aug 23 27 50% Dec Indiana General 4 22% Jan 12 Industrial 28 86 Va Apr 19 Ingersoll-Rand 13 19 32 Apr 29 29 45 Dec 17 34 Va Nov 24 86 Feb 2 7 21 Nov 1 95% Feb 31% July 385 Va May 12 39% Jan 27 488 138 153 'A Jan 14 30 May 29 57% July 10 28 Sep 22 35 % Apr 48 Dec 22. 80 July 30 Feb 407 'A Mar 2 154 Jan 7 50 V2 Jan 5 A 4 24% Nov 9 6% Steel Int'l Business 19 Int'l Harvester 8 36'A Aug 24 80 7% International Mining Int'l Nickel of Canada 21% Feb 19 International Packers 31% Dec 30 International Paper 94 V2 Aug 15 100 8 56 9% Dec 30 19% Mar 2 15 Dec 6 70% Mar 2 22 'A Dec 23 26% Dec 14 International 23 Oct 24 41% Jun 20 International Resistance 91'% Dec 7 139 'A Jan 8 32 Va Dec 20 38 6 441/2 Apr 28 60 % Dec 37% Aug 21 45% May 0 30 V2 Apr 25 35 32 283/4 Mar 19 17 48% Dec 39 4OV4 Dec 32Va Feb 14 42% Dec 28% Feb 9 40 17% Jun 9 19 Tb Mar July 30 Feb 17 Aug 24 16 May 31 30 38 "b Jan 15 45'A Apr 33 Vb Jun 17 58'A Dec 4 9 5 ,18 Vb Jun 22 21Vb Dec 27 May 27 17 Aug 18 40 May 10 32 Sep 22 38 35 33% Jan 4 Sep 21 40% Apr 46% Aug 26 20 36'A Mar 1 43 37'A Jan 21 32% Mar 4 40 45 15 20 123 Jan Jan 23 50'/a Mar 18 115 Oct Jan 18Vs Oct 31 4 26 Dec Aug 29 36% Jan 124 21 7 Sep 7 44'A Jan 4 23% Jan 7 Jan 12 31% Jan 28 10Va Oct 13 18% Jan 7 May 12 76 y4 Jan 26 87 40% Oct 24 52'A Apr 76% Jan 22 83 preferredof Cent Amer 7% International $6 I-T-E 1 18 67 Feb 27 13 84 Apr 21 5f% Apr 27 44% Jan 13 20 6% 6% 6% 6% 6% "50 800 6% 2,300 150 145 *144 145 148 *144 44'A 43 43% 43'A 43% 43% 44 43% 44Vb 13,800 36 36 % 35% 36 35% 36% 36 VB 37 36 Vb 36% 9,300 34 Va *34% 36 *34 V2 *34% 36 *34% 42% 42 23% 23 'b 24 609 621% 613 46% 34% *78 34' a 42 V2 43 42% 43'A 90 90% 90% 90% 91 24 23% 23% 23% 24 23% 24% 625 621 % 619 620 625 % 48% 48% 144'..i 34% 34 'A 48 49 % 143 % 81 *78 81 *26 *78 34% 35 80% *78 47 % 143% 1441/2 36% 37 *78 80% 39,200 870 39 38,400. 81 26 % 26% 26% 26% 26' t> 26 'A 26% 26% 26% 3,660 61 % 61 % 61% 62 63 1 b 62 % 63% 62 7 b 63 'A 43,600 15% 15% 15% 16 15% 16' a 16 Va 16% 16% 17% 14,300 32% 61,400 31 Va *94'A 327 b 95 11 .11% 56 56% i 32 32% 32i.$ 33'A 32% '33Vb 95 Va 94% 94 Va *94% 951/4 *94iA 95% 11 11 10'A 10% 11 11 10% 11% 2,300 54 Va 55 % 55 % 57 56% 56% 56 56% 1,060 32 // *94% 24 % 23% 24% 28% 29% 27% 29 99 99% 99 99% 23 23% ' 26% 100 100 • 24% 22,800 27% 41,800 2,500, 100'A 34% 34% 34 34% 34 'A 34% 34% 34% 34% 34% 4,100 61 61 Va 01 62 61 61% 62 62 % 62% 63% 4,100 *32% 46% 33 *32% 32% *32'A 32% 32% 33 *32% 33% 300 79,900 47'/4 47 47% 47% 48',4 47% 48 47% 48 Vb 36 %| 38 38 38%$ 38 Vb 38% 38 38% 41 Va 34 % 36% 40% 40% 1 5.7% 59 3.50 21 % 43 42 % 43% 42 43% 42% 55% 55 56% 55% 56% 56 57% 22 % 22 22% 22 '/a 22% 22% 22% 22% 22% 5 43 43% 43% 43 'A 43'A 43% 43 * 2 45 1 42% 43 42 % 42% 42 V2 42% 42% 43 43 39% 39% 39 % 39% 49 41 40% 41% 24 24 Va 24 24% 24 'A 24% 24% 24% - 8,100 43 x53 10 118 *116 Va 118 *116% 118 _1 115Va 5 Co 17,800 48 '/a 144'% 23 'A 50c 100 6,700 61 % 25 common 2,200 625 48% 143 % 99% com—5 36 43 % 90 143% 143 35 % *35 42 % 618 47% 48% 14.3 % 143 36 43 91 12% *90 91 *90 29% par 80 148 43% 23% Teleg_No Aug 22 13 Jaeger Machine Co Jefferson 21 Va 21% 16 16% 16% 16 % 14 % 14% 14% 14% 14% 82% 82 82 52 'A 53 53% *116% 15% 82% Sulphur Co j. 1 Jersey Cent Pwr & Lt 4% pfd—100 82 % 82 "a Jewel 51% 52% 21% 21% 21% 22% 22 Vb 118 *44% 5,700 12,400 7,500 45% 1,300 43 % 4 41 41V2 4,900 24 'A 241/2 5,200 *116% 22% 22% 900 118 22% 4,400 9 2 18'A Dec 5 88% Dec 22 49% Dec Jonathan Logan 6 103 Va Feb 89% Jan 4 Jones 16 95 Va Mar 8 99 Va Aug 24 8 18% Jun 13 29% Oct 21 47'A Jan 8 3%% Johnson & 16% 16 Va 16 Vb 16 16 15% 15% 15'A 15% 82% 82 'A 82 Va 130 3,400 *82 2 800 15,600 53 Va 54 54% 54'A 54% 83 % *82 83% *82 83% *82 83% 82 82 58% 59'A 59 59% 59 60% 59% 60 V2 59% 60% 84 85 Va 84% 85% 86 87% 87 88 88 Va 92 % 8,200 50c 16% 17 Va 16% 16% 16% 17% 62 63% 61 62 61% 63'A —1 preferred & 16% —5 TerrCo Inc common 28 ii y« Dec _B Lake Johns-Manville 6% r. Co Circuit Breaker Sep 1 62% May 31 79 Dec 13 26. *145 150 145 •. 22' 25 preferred— 6 see page 6% 98 'A 25 Light Co 53% May 8% Mar 28 & Corp preferred Coal - 28% No par Utilities 70% July 14 Juiv 51 No par Telep & Creek 51% 29% — Power Power 33% 51% 23% Elec Light & Power Co Iowa-Illinois Gas <fc Electric Co Iowa 2,200 33 51 'A 100 % common Iowa Island 51% 33% 51 27 Interstate Dept Stores Interstate 51% 33 51% 100 1 Co Salt convertible 52 34 10c Corp Shoe. Silver preferred International 6,700 ' 12% Dec 86 59% com 100 Rectifier International International $2 No par No par preferred— International _1 common—2.50 86 'A Jan 2 12 5 Limited 28 Jan 5 No par Jail 37 20 5 Corp 16% Jan 55% Nov 34 16,500 preferred 94 15 43 % 33% 10,100 5 21 10 *42% . 19% 100 25 33'A Dec 43% 34 33% 81'A No par 30 37 *42 % 43 % 19 VB common 15 172% July 15 43 % *45 110 80% Machines Oct 5% 46 46 19% 1 59Vb Dec 55 49% *45 81 1 14 23 *48% 46 19 100 10% Sep Jun 49% *45 79% common- 26% Dec Int'l Rys *48 V2 19% Int'l Minerals & Chemical com $4 43'A 49-/2 79% Inc 17'/2 Aug 5 47% Sep 20 12;,A Aug 4 22 *48% 18% preferred-- 4% 46 43% 79 Corp 29 Feb 12 Ctfs Dec *45 *42 Vb ~i 43'% 18% No par Corp preferred 50% Jan 148 Vb Aug 25 :• 43% -A 49% *42% 80% Interchemical 600 <. •, 42% 43'% 6% Insuranshares 2 2,800 43 *42'/4 *42% 79 Inspiration Consolidated Copper 8 591/2 59 % 43'.i 18% 15 23 601/2 42 *42 Va 51 par 100 Co Iron *59V2 -• 6% 15 Interlake 61 Va 60 *42 42 Va 44 18% 23 18 61 »/4 *48 Va • 81% 49V2 Jun 34'A Feb 28,000 18% 43 'A Jan 4'% % 14,300 36% 80 % 35'A Dec July 11 28% 36 Vb 1 common 5 93 28% 37 »A No par Rayon preferred Inland 28% 35% 54% 33 Va 1 100 pesos 86V2 Dec 69 49 V2 " 45 541/2 28 VB 36% Mexico De : 29 38% Sep 69'A Jan S 30 'A Dec 27'A Jun .» 25 139V2 Feb 29 Electrica 25 8 Corp Indianapolis Power & Light—No Vb Feb 27% Mar 26 29 V2 Oct *48 Va 45 53% 28% 35% *42% 42 Va 44 *42 'A 53 5 b 27% 35% *421/4 *41 Va ♦42 Va 50 preferred 62 'a 61 15 4.42% 53/a July 11 , No par common 4.20% 17 13 V4 Aug Co 2,600 54% 60 % 28% 35 >23% 55 28 % . 28% 35'.. 54 Va 10 5 Power Co 46 Va July 27 36 V2 May footnotes, 71% 36 Vb 15% 44'A Aug 15 July' 6 50% Mar 18 For 71 37% 13% Industria 67/8 Dec 40% Nov 52 % 71% 36 % 16% 4 38'A Feb Aug" 13 17% Nov Dec 53 71 13 VB 11 31% Nov 59% Jan 52 % 71% 38 16 Vb 25 96 53 % 16 "A 40 Vb Sep 9 100 89 50 29 52'A 22,700 13% preferred 49 ya Feb 10,200 52% 15% 4.70% 46 'A Dec 57% 517b 13% 9 76% Nov 55 88 'A 49 V» Aug Sep 55V4 51 16 22 40 54% 14 45'A Jan 4 54 % 88% 5 14 53% 15% Jan 29 53% 38% 50 Dec 52 % *13 % 7 lSVa Nov 53% 311/4 16V-J 21 75 3,200 31 *30% 88% 41% Oct 18% Dec 31 31'A 13% 45% Dec 2 31% *30% 15% 50 15 31 '/4 31 % 13% 50 116'/a Sep 36% Jan 31% *30 Va 88 preferred 4 31% 31% l (Delaware) 4.26% Nov 31% *30% *36 No par Corp Co 4 33 31% 30% 17,900 89% Aug 9 1,600 31 % *88 Va 45 Dec 10% 89'% 18 32 10 *88 % 413/4 Feb 3 10'/B 89% 3 29 10 *88% Apr Feb 10 % 89 47 31 »/2 Dec 10 Va *88% 29 28 10% 89% preferred Feb 10 *88% 4.08% Mar 20 10 . 100 6 125 17,100 84 30 Sep 17'% 76 Aug 12 7 16% *82% 43 9 -1,100 17% *75 47% Jan 12% Jan 27'A 171% 84 62% Dec 17% Feb 34'A 26'A 17% 76 18 25 33% 26 16% *25'% *82'% 25 Sep 33% 25% 17 Va 32 '/a 26 *75 27 2 32% 26 16% 84 Jan Jan 31% *251/4 76 39'A Jan 25 120 700 *75 4 20 16 *82 % 24 Oct 125 15% . 84 43% Feb 86% Oct *121% 76 46 % Dec 28 125 *121VL> 125 *82 Vu 9 July 28 43% May 8 34% Sep 21 67 84 7 149 66% *82% Jun 26 67 *66 100 . 40 V2 Sep 863/4 Jun 67 17 Vb 100 38% Oct' 35 11,200 67 1 Sound 5% 24% 67 I 42% Mar 18 29% Oct Nov 11 5 50 Lighting & Power Howard Jan 18% Sep 21 247b 67 17,500 17% 70% 37 *85% 23% 5% *16% preferred 13% Jan 2,400 24% 24 Vb 25% 51 % 5 conjmon__No par .preferred 84% Sep 11% Jan 24% 32',i 53 1 preferred -4.40% 63% 24% 16% 10 31 % 30% 50c preferred 27 70% Jan 13 13 62'% 24% 25 32% preferred 25 Houdaille-Industries Inc common__3 2 93 62% 24 24 Va 31% convertible 2 16 61% 24 25 25% 25 & 80% Mar Dec 62% 23% 15% No par 85 % Mar 88 611% 23% 15% 10 37% Jan: 30 61% 23% 15V, 12.50 15 96 % Jan 61 % *15% 2.50 _ 4,500 231/4 I 1 *121'% Inc 40 300 73 132 15% common 28 28 110 70 130 124% : Corp Dec Dec *109 69% 137'% 132 15% Corp Dec 85 86% 13,100 *121% 10 Finance 700 89 110'% 69% 132 150 15 86 15 Bearing Co Corp of America common Household *14% ♦109 73 128 127 % 15 85% 86 % 110% *69 35 15 31 30 77 Jan 125% 24% 5 convertible 85% *109 73 32 *341/4 125 Corp 69 Mar 125 25% • 85% 1101/2 *69 2,600 31% 35 *121% A Mining Oil Ball $2.25 84 % 110% 62% preferred preferred Sep 21 15% 23 common Chemical 5% Sep *14% 73 6,200 31% 67 common Winston Jan Hoover 151/4 86 83% 53% '*65% Co Rinehart & 26 *14% 11,500 138 53 14% 35 110% 137% *83 No par series Electronics convertible Holt *34'A 22% 5 35 18 490 83'% *34V4 31 Vb 34 % 62 _1 (conv) Holly Sugar Corp Sep 11,400 53% 100 Corp 7 13 90 % 1,200 10% 31% 31 % 31 % 34% 5 Newport Chem Corp preferred series A 3%% Holland 13 23% 37 53 »/b *83 53 V„ 15 1 15 84% Inc 53 % 31 Vu 1 Hewitt-Robins . 54 31 Ve 110% *69 124% Hertz Co 53% 35 34 % No par Corp 83% 54 '31 No par pfd *83 83 % 2 1/12 common A Chocolate Heyden 139 53% ;_100 class conv *83 25 preferred $2 138 No par 5 30% Oct preferred Motors 44% Oct 80 36% 10 common 16 May 19 36% _.l noncumulative 9% Nov Jan~21 36 138 15% Apr 27 49% 36 1371% 4 Dec 36 83 % Hoffman 29 36 138 % 5 42% Sep 36% *83 4 37 10% 138 6 Apr"29 10% ■10% 138V4 Jan 30% July 10'A 10% 25 E) & Co 30 Va July 1 10% 10% 100 common preferred (W 37% Jan May 20 24 % 137% 3.65% 28% Apr 28% Feb *36% 22% 23 % Heinz 1 23 10'% 22<% 24 3,600 6 22 24 VB 23% 10% 23 22,300 19 24% Jun 23% 23 % 22% 24% 12'A 14% Dec 29% Nov 30 23% 23% 27'A 28% 23 % 24% 91% Aug 27 5 23% 27,300 6,900 12 May 21 2 28 27% 89% 41 21% Jan 27'% 27% 12 37 27% Feb 27% 27% 28 93 20 Jan 17,800 11% Helme 13 52 91 6 27 51 '/a 52% 22% *36 20 52% 511/4 '26% 50 7,900 52 123 51'% 51 x24 33% 3,500 11% 7 29 Yb Oct 51'A *121 123 30 1,400 92 % 7 Oct" 51'% 51 *121 50 % 50% 33'/a 34 33% 51 123 1 Inc 23% Feb 22% 33% 51 ♦121 500 29% 11'% 5 19 33 VB 50 29% 88'% Aug 120 29% 5,300 11% Industries (H J) Co 36 1 29% 5 Corp of America common 4 Va % preferred 33% July 16 30 29% 5 Marx Hat Heller % Dec 12 50 94 123 *121 97 231/4 33% 49% 50% 23'% *94 30% 97 1.25 Co & 33 33% 121 121 1 Corp Chemical Schaffner 16 92% Feb July 22 18% July 15 29% 30% *22% 94 30% 23 Va 16,100 7 Dec 70 2.)% 30% 23 'A 30 Va *23 'A _ 88 Aug 30 13 30 30% 47 Va 33% Dec 61% Apr *94 3C0 53% 48 47% *11% 84 104% Dec Hart 95 33 50% 1 7.50 Corporation Harshaw 23 % 95 100 Harris-Intertype Harsco 30% 22% 53% 47% 54 47% 11% 55 16 Co Refrac.com preferred 30 95 47% 84% 4 31 Organ Harbison-Walker 6% 2.50 Co 30% 23% *93 29% *53 ; 11% 17 74% Dec Hammond Paper "V 100 , 83% Jan 118% Apr Hammermill 30% *22% 5 1 common preferred 47% l May 20 1 Co 54 47% 5 37 % Feb i Printing Co Watch convertible 53% 48 Va Hayes 77 3 (W F) 4% " V 5 Haveg Industries Inc 78 82% Nov 13% Jan 143 Hall Hamilton 54% 47% *54 25 5 Jan 2 11 2 25% Dec 13 6 5 Dec Dec 55% Apr 66 Aug 31 29 22 105 11 27 Jan 64% Jan 19" 2 29 % Jan 11% Jan 75% Sep % .26% Sep 31 27% Apr 92 16 26 35 20 16% Jan Mar 24 61% Feb 13 79% May 5 129 22 % May 26 3 Mar 21 57% Jan 5 Oct 21% May 24 Jan 19 5 7 34 50 Co 21 Va Dec 20 16% Jan Water Halliburton 88% Jun 24% Nov 43% Sep 21 12 Va Dec 30 Hackensack 4 July 23 30 34% Oct July 26 55 114% Aug 31 36% Aug 14 28% Nov ~6 44 Vb Feb 122 Va Sep 51 % Jan 100 Corp -5 Johnson Inc Laughlin ♦82 '4 Steel common_10 5% preferred series A _100 Jorgenaen (Earle M) Co 1 96'A 96% 96% 14% 14 VB 14% 14% 14% 40Va 40% 40 40% 40% 42% . 1 96% *96 "a 18% 63 63% 96% 96-b 14% Joy Manufftotiirins: Co 17% ;. 17% . 17% 33,500 ,62% 63% 34,200 96% 96% 96% 14 Va ' 20 29,300 14% 14% 15 51 % 52% 51% 52% 480 1,800 11,700 Volume Number 193 6023 The Commercial Chronicle and Financial (393) 21 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous LOW STOCKS Year 15)59 Range for Year 1960 Lowest Lowest Highest NEW Highest Monday Par EXCHANGE AND HIGH SALE PRICE8 Wednesday Tuesday Jan. 16 STOCK YORK Jan. 17 Sales for Thursday Friday the Week Jan. 19 Jan.20 Shares Jan. 18 K 37 Feb 9 65 93% Feb 42% Dec ■ 10 120 31 48 Feb 10 107 • 107.. Feb 101- July 27. 105 % Oct 45 Mar Jan 23 82% Jun 19 •98 89% Feb 85% July 10 93 72 'A Sep 88% Feb 21 86% Jan " Mar • 39% Feb 13 28 % Jan 2 11% Dec 28 43% Feb 9 31% Feb 23 7 11 Jan 12 36 Apr a Kansas 17 Jan 20 95 % Oct 5 Oct 4% 16 Vs July 11 Kayser-Roth Corp— 51% Dec Kellogg 25 50% Jan 13 30 % Aug 25 30 6 1007/a Jan 5 Sep 30 36% July 18 55% Jan 21 65% Dec 30 21 28% Nov 18 46 '/a July 22 8 Kern County 4 Va % 5 7 46% Jan 6 2'A Feb 11 897/a Dec 20 18% Dec 21 Steel Dec 29 85 Feb 26 77 Jan 7 13% May 6 21 Nov 16 14% Feb 30% Nov 4 35 Aug 5 3 27% Sep 197/b Jun 5 11 % Dec 5 22 25% Oct 28 Oct 21 82 % Apr 11 17 36% Dec 7 29 33 V (E J) Kresge (S (S 6 20 % Jan 8 2 Kroger 36 Jan 5 K Kress V H) 25% Dec 29 Laclede 36 Va Dec 21 4.32% 4% Mar 11 3% July 12 21% Sep 30% Mar 23 18 10% Feb - 12 15% July 29 22 37% Jan Sep 1% Jan >2 3 % 14% Dec 10 8 4 Jan 14'A 51% 35% Jan 7 18% Jan 2 24% Dec 37/8 Mar 11 19% Jun 29 10% Nov 23 13% Jan 98% Oct 2 152 31 Oct 14 48 Mar 63 % Jun 79 Va Dec 13 7 Lehn 28% Sep 9 70 Va Jan 22 5 12 Va Dec 6 91 Va Jan 13 78% May 19 Jan 4 151 46 % Nov 23 61 140 5 1 7% Nov 18 28 Sep 23 Nov 13 9 43% Sep 23 61% Jan 4 9% Sep 21 14% Mar 23 12% Jan 4 Dec 29 73% Nov 30 57% Jan 12 24% Sep 18 39% Apr 18% May 11 20 57 63 10% Mar 73 July 8 14 17% July 10 9 29% Jan 2 36% Apr 15 Dec 16 104 79% Dec 30 89 96 90% Mar 16 81% Dec 36% Dec 31 36% Jun 26 447/o Nov 27 '30% Jan 13 43% Dec 30 4 96 Jan 80 Jan 8 81 6 38% Feb 88 14 1 52% July 7% 7 78 % Jan 22 20% Jan 4 6 91% Jan 4 18 21 Jan 0 8 83 July 12 104% Mar 6 18% Nov 5 34% Apr 5 15% Oct 27% Sep 28 Jan 26 22 Mar Sep 3 123% Jun 9 114% Dec 28 32 »A Jan 6 50% Dec 21 29% Oct 7 118 47V2 Dec 28 441/s Oct < 41% Dec 21 7 48 79 4 85 Va Aug 17Va Oct 14 20% Jan 16 >b May 3 21 f 1 47% Oct 32% Nov 20 3 Va Dec 78 Mar 17 40% Dec 2 50 Vs Dec 18 71/4 Jan 4 35% Nov 21 14 31 _ Dec El Co . Madison 8 R) 26 89% Jan 4 93 Mar 28 65% Dec 20 26% Oct 19 38% Jan 6 Masonite 40% Oct 31 53 % Aug 1 May Jan 12 Oct 5 When 43% Nov 9 31 44 Va Jan 18 38 Dec 1 22% Mar 7 40% Dec 21 M 31 % Dec 7 2 6'A Feb 3 41% Dec 21 McCall Jan 2 42 Oct 30 28 Va Sep 28 40% Jan 15 12 Dec 16 77 % Dec 31 94 % Feb 5 70 Dec 19 94 Va Aug 5 15% Feb 80 Vs Feb 29 Dec 8 30 99 37% Jan 54 Mar 30 9 17% Dec 14 32% Dec 29 Feb 16 48% July 16 C A f 72 Dec 31 21% July 17 33 Dec 24 4 . $6 29 McDonnell 45% Jan 21 Nov 18 31% Nov 18 8 % Feb 13 10% Sep 11 5% Dec 20 2 27% Dec 10 15% Dec 7 Feb 2 31 Va Aug 4 24 Dec 8 25% Nov 17 87 51 95 % Mar 26 29% Oct 26 23% Jan 2 29% Dec 22 Dec 30 85% Apr 7 78 29 'A Jan Jun 2 7 38 91% May 15 67 Feb 9 71 Nov 17 85 Feb 6 44% Jan 8 70 Dec 14 For footnotes, see page 81% 81% 81% 81 Va 81% 25% 26 25'% 26 25% 251/s 4,400 53% 54% 54Vs 55% 55'A 56 «/4 34,200 ~10% 10% 11 11 11 Vs 11 Vs 11 Va 11% 11% 18,200 15,400 . v 5 % % conv McDermott 51% y 51 Vs 51% 25% 25Vs , 26 26% 14,800 87% 90 90% 92% 91% 92% 92% 94% 31,600 28 Vs 28% 28 Vs. Jan 7 14 30 Va Dec 84% Sep 30% May 25 37 Dec 73 Jan 96 Va Jun 70 Jan 8 84 8 85 % Dec 30 7 29 2 -'Aug 31 23 & 28% 28%. 42,300 28% 29 16 15% 16 15% 15% 16 16% 16% 16% 21,700 23% 23V4 23% 23% 231/s 23Vi 24% 24% 24% 33,000 45% Vlr 136% 43% *100% *85 , *88 40% 45% 46% 45% 45% 140 44% 44% 44% *100% *100 Va 101 % *85% • 861/2 *85 89 *88 *88 *125 lOlVa 45 45% *100'/a *85 89 89 101% 9,400 10 *85 86% *88 45% 101% ' . 430 138 137% 1011/2 8 61/2 32,000 693,100 S3 % 135 45% 46 46 'A % 45% 46 'A S3 S3 135 435 46 45% 1°0 IS hi *135 139% 44'A 101% 86% 89 86% *88 89 23,200 41 Vs 40% Va 40% 41% 41 Vs 41% 41% 41% *137 138Va 137% 137% 137% 138 Va 137 Va 138 % 139% 139 % 53 53 Va 53% 53% 53% 54: 53% 54 53% 53 % 2,000 54% 55 55% 55'A 56 % 51 57 51% 53% 15,700 5,700 54% 41 220 - 27% *116 & Co Corp 4% Shoe Merck $3.50 & Co Inc preferred Mergenthaler *116 391/4 38% 451/4 38% *45Vs 28' * 28 28 119 38 - *45Vs 45% 600 i 119 ♦116 39 ■ ' 38'A 18,800 45 % 300 44 44% 83% 44 45 Va 44% 45 ve 451/4 45 45'A 45'A 45%' 03 Vs 83% 83% 83% 83% 83% 83 Vs 430 84 22 % 21% 22 22 Vs 21 % 22'A 22 22«A 29,600 40% 48% 38% 2% 39% -40 21% 39% 41 Va 41 41'A 41 % 43Vs 13,100 2% 2% 2% 17% 17% 17% 17% 40 Va 47 37% 2% 17 23% 4% *44% 45 > , 8,400 46% 51 % 52Vs 31,600 39% 38% 38% 5,300 2% 2% 2% 2% 2% 6,000 17% 17% 17% *17% 17% 24% 47'/a 48% 48% 50% 51 51% 38 38% 38% 38% 39 23 Va 23% 23% 24 «/b 23% 4% 24 4% 46 *83 % 4% 4Va 4% 4% 24 % 4% 5 1,900 1,800 24% 7,200 5 131/4 13V4 13% 3,100 25% 25 25% 15,300 20% 19% 20% 21'A 20 20% 19,600 55 Va 56 55% 56 55% 56% 56% 57% 27,200 57% 57% 57 57'/a 57% 57% 20 55 56 Va 57 V* 100 *90V4 64% 5 *90% 93 64% 100 *75% 26% 37% 100 75 "95 93'/a Inc—1 32% 37 par 39'A 32% 13 A 3 50c 100 * " 1 Inc— common Co " 1 34,700 32% 33 15,000 31 'A 31% 47 48 32 Vs 32% 33 32% 31% 31 'A 31% 31% 31% 46 Vs 46% 47% 4 6'A 47% 75 76 7514 76 77 77 *751,4 77 *68 70 *76% 77% *68 70 68 '. 68 *76% 77% *75% 77 10 69 30 69 *76% 77% 10 29% 38 .33,100 1,800 8,500 77 75% 75 Va 26 Va 26% 26% 27 27% 28'A 28'A 37% 38 37 % 38 371/2 37% *37% 36% 37% 37 37% 37% 37% 37% 39 38 % 39 38% 38% 3 8'A 38% 38% 40 33 'A 33'A 1,400 14% 36,300 *75% 32 Va 32% 33Vs 33% 33% 331/s 13% 14Vs 14 14% 14'A 14'/2 14% 75% 75Vs *75 Vs 75% *95 J4 75 75% *95 97 93% 95 75% 97 95% 97 95 96 96 32% 331/2 33'A 33% 33 24% 25 % 24% 25V4 24% 34% 33% 35 34 35 35 115% 116 31% *82 ,, *79 Va 87% > 36% 80'A 80 89'A 10 96 33 116% 720 95 96 25% 115 Va 2,200 76 *95 33% 24% 32 Vs 82 %. 300 76% 31 % 40 'A 3,000 15,100 *75% 21% 36 Va 79Va i-16%c par 65% 34% 24 par .-3% No < 64 Vs 25 A 34% 115% 118/a 38 *89 1 100 common 65% 34 —9 No 92% 65 Vs 46 % *74% 30 92% 65% 75 .. 2,500 57 Vs 93 93 24ys 2.50 —3 Cement 64% 65% 57 *90'A 31 31% 47 Va 76 77% 70 77 *68 *90V4 93 - 33 % 32% 33 par Inc__ Llnotvne 19% 65% 31% v./ Co Co 27% 28 119 *116 38'A 19Vs Co Corp Stores *27% 28% 119 371/4 13 Vs preferred series B„ Mercantile *116 37% 22 .. . 1 Robbins Portland *27% 28 119 37'A 25% No Co Trucking Melville Apr 28 Vs 28% 6,600 23Va 6% 17% 38 V4 90., Medusa 2?. 51'A 251/4 90Ye 28% 15% > ; 10 Mead Corp common —_5 4 Va % preferred (1st series)—100 29% Mar 16 26 511/4 24% 6% 17% McLean 21 58 % Mar 51 25 13% Publishing & McKesson 20 Vs Nov 8 Ray) MrQuay Norris Mfg 88 25% Mar 10 (J Aircraft (A G) 28 77% Jan 30y8 51 29 McKee Nov 85 . 31% 29 39% 48 110 24% No par 4 83% 148 V2 50% 14% 30% 15 ♦147 29 14'A 29% 23 83V4. 83% 25% McGregor-Doniger Inc class A 1 Mclntyre Porcupine Mines No par Jan 83 83 51 'A 11 9 2,700 33 * 187/8 Jan 28% Jan • 29'% McGraw-Hill 51 % Jun ' 29% 30 4 37% Sep 41% Jun 79% 54 109% Dec 357/8 Jan 20% Jan 50 79% 25% 25% McGraw-Edison Co 24% May 11 7,800 12,000 53% preference B 11 20 5'A 27% 79 100 27% Nov 31% Oct 51/4 27% 25% preferred convertible 39 Va Jan 21% July 25 51/4 27'% 13 McCrory Corp common 3Va% convertible preferred 5 27 1,300 17'/2 5% 271/4 25% Corp 9 14% Dec 17% 17% 17V2 5 27% 54% 11 Va ;_No par May 8 17% 27 80 No par — Nov 65 % Feb 4% 8,800 7,800 11,100 1% 26 27 Vs 38% 37 ]A 39% 33 14% 75 97 94 . Inc 19 24 17% 41/2 1% 13'A No Corp 86 Va Dec Oct 17% 27% 27 1% 1% 1%. 53 Va 1 27 28 1% 25% series 1959 Dec 4 41/2 1% 13 mc_ 18 58 5,100 24% . —— 85 18 15% 79 No par "W) Maytag Co 29 15% 13 % common preferred McCord 5 17Vs 4% 27% 15% 25% . -No par Stores preferred (J 9 19% Feb 17,600 . 13 : issued 3%% Mays 30 32% Nov 4% 27% *76% 22 31 1% 1 Va 17% *17 \ preferred 1917 series_No par 18% Jun 13% Dec 1,300 18% 16'A 15% 200 30% 18% [ 1% preferred 1945 series-No par 27% Dec 29 16'A *29% 18 12% 31 Va 46 Va 75 32 % Sep July 29 15% 30 Va - 30 4 Corp Dept $3.40 29 6 17% 12% $3.75 , 77% Aug 31 25% Dec 30 17% 30 $3.75 Aug 31 72 29% 17% 25 Co 12 18 24 *29% 17% 25% 20% 55Va 4V4%, preferred--.] Martin | Feb 29% 12% 1 93V2 Jan 82 29'A 171/4 ' — 30 1 27 11 — 12% No par Oct Aug 26 40 1 Marquardt Corp——_— Marshall Field & Co com 71 Va Dec 3,700 25% *371/2 40 —5 Products Marquette Cement Mfg Co 71 Va Aug 25% *37Vt 29% 12.50 1 Midland Corp_ Marine 0 4 25% 40 121/4 10 1 1 Exploration 12_ 65% Jan 25% *37'A 30 8 21 72 'A Mar 17 25%, 261/4 41 12V4 1 Shirt—— Dec 9 25% *37% 29 Vs LJ-——1 Sugar Co— 59 65 Vs Nov ; 25% 4Vs 29% 17% 12% 100 f _. 547/8 Dec 79 26% 41 , 29 par Co—- & 40 % Jan 78 9,500 12% -100 |— Co„_ (P Manhattan 5 33% 15% 1 Copper— Mallory Manati 19 33% 28% 10 Inc Fund 0 Jan 33% 15% 50 17 72% Jan 33% 4 Co Inc common 25 72 33Va 89 Va preferred series A—, 44% Feb Mar 31 33 24% preferred (w w) (R H) 4%% 40% May 23 Mar 26 33'A 12Vs 28% 5 10 81 32% 17% 100 12 81 15,600 33% 12 preferred— 51% Dec 16 1,300 30% 15% Trucks Inc— 59% Jan 22 13% 30% 28% 6% "4 Dec 13% 31 29% " common—10 Forbes V 2 Dec 13% 30 Va M , & 42 'A Jun 71 13% 31 4,500 441/4 Nov 71 13% 30% 2,600 Automotive 24 34,300 *13'/a 31% 17% Maremont 53% Feb 25% 24% 13% 15% Oil 46% May 22 25 24% 13% 30% 60% Maracaibo 6 26 Va 23 14 31 50% Manning Maxwell & Moore May 19 6,400 17% 18 Oct" 29% 60 22 46 251/4 29% 15% 5% Jan 34 251/2 250 29% 18 4% Jan Apr 291/4 60 21 36 291/4 15% 1% Jun 62% May 11 29 Vs 54,000 17Vs Magma 14 29% 37% 15% 27% Jan 32 >s Jan 29Vs V: 8,700 36% . 59 Va 6 • 371% 18 26 88 36% 151/2 Magnavox 16% Oct 37% 60% Macy 4 35% * 24Va 4% Mack 22 37 79% 15% 2 18% Jan 351/4 367/a ♦79 17% 7 29% Jan 79% 58% 23 31 79% 18 Jun 29 791/2 15% 18 22 % Oct 79% 58'A 50% Jun 12% Dec 80 18 4% Jun 9 80 Y 15 19% Sep 26 2,400 41% 8,200 & Sons Inc_ (M) 1 7% Jan 26% 41% 26 Vs 50 33 28% July 30 26% 411/4 176,400 (Ky)_No 6 21V2 Dec 2 6 Va 40% *38 100 5 22% Nov 2 26 % 40 ya > 32% —100 19% July 7 26% 40% 29% common 17 18 *261% 40% > 22% i.100 15 7/s Nov 4% Dec 26% 40 40% 79Va 13% 30% • . 1 22% Mar 16 16'A Dec 7,100 26 Vs 27 _ 1 5 23V2 Jan 19,400 17% 29% 1 15'A Jan Jun 85 17% 58 17 55 600 83% 17% 15% 26 59% Jan 38 85 17% 59% 18 Vs Oct 33 *37% 84 17V2 15% 31% Feb 34% May 10 38 85% 17Vs 58% 18 v 30 37% 84% 171/4 28% , ' Jan 371/2 8 5Vs 17Vs *36 Va ;• 1 23 37% Mar 87 Va Mar 30 37 Va 84% 17% 29V4 E preferred & 37 84% 79Va 34% , 17 Dec 43% July 10 37 Lukens Steel Co— -3.33% Lykes Bros Steamship Co———10 5%% 49 Va Feb 30 2 30 36% 84'A 17Vs 26% 39% 30% preferred Co MacAndrews Aug 16 0 52% Jan Jan 21,800 51% Nashville- & Lowenstein •> 124 78% Sep 37 51,800 28% 83% Inc D (P) >'•/ 35 13,600 73% 27% 147'/a preferred—— Louisville 30 7 B Louisville Gas 1 14 % Dec 25 27 531/4 70 Co com 10 preferred——.—100 series Lorillard 1 49% Dec July 29 Nov 15% Jan 52% 71% 2 8'/a 511/4 Inc—u. Co series 4.35% 2 Sep 47 % Dec July 10 92 Sep 142 4 531/4 69% Lighting series 5.2% 27 Va ——— 4.25% 90 34% May 18 23 57<> 22 52% 83 Vs preferred conv Island 42 % Sep 20 Jan Long Aug 19 87'A Nov 130 >2 Mar 71 % Jan 69 102 21 14 48% July 7 1427% Mar 25 3 131 % Dec Mar Apr 140'A Dec 52 Vs 147 % Aircraft Corp 4.84% 8 52% , .—50c Rights Feb 111 25,000 _7 common 26 79 j\ Gas 139% Jan 78% 51%;, yi Star 7 791/4 50% Lone 112% Dec 78% 51% 4 48 791/2 148 Va 21 3 78% 50% Dec 17 *78% 5 Corp— 19% Nov 78 *147% Cement 35% May 11,800 52% Star 5 29'A 148 V2 Lone 26 28% 82% Loew's 37% Jan 1,700 28% 51% Lockheed 46% Jan 351/4 28% *1471/2 5 27 34% 291/4 52 4 21 351/4 28 % 83 19 36'A Nov 34% 29% 148 32% Jan 28% Sep 35% 29 5 Theatres 2,600 35 Vs 29% 79 :f, 148 51 % 31 % 30 Va Jan Aug 21,900 52% -82 Va 17 Feb 14% 52 35% —-2.50 Industries 141/4 52 71 5 Elqplronics- Litton 141/4 52 281/a __No par . Corp.—— 20 14 69 No par Link Belt Co— 96% Dec 141/4 51 Va 35 27'/a ; 100 Corp-yi—_——5 Lionel 8,600 14 51 69Vs preferred—— Ling-Temco 43% 1 Products 34% Aug 10 431/4 27% 1 Lijy.Tulip Cup 531/4 441/2 27 Vs Liggett & Myers' Tobacco com—^.25 i.f4: 4 52% 441/s , 67% No par — Stores Corp__ 53 »A 44% 15 Libbey-Owens-Ford Glass Co Libby McNeil & Libby —— Aug 31 Jan Fink & 531/4 441/4 10 Corp_ Lerner 29 24 53% 44% 52V4 5 pfd ser A conv Lehman 54'y 27% 1 Tire_. & 300 12,300 54 -44 69% —50c Rubber 36% 54 53 Va 25 Bryant— /Lehigh Valley RR 9% Oct 28 80% Jan 140% Dec 15 22 Jan 9 .3,200 27% pfd-75 Pesos Mex Inc/ $1.50 8 7% Jan 46% Oct 67% Apr 500 77 52% 8 Lehigh Coal & Navigation Co Lehigh Portland Cement Lehigh Valley Industries com Apr 76% *36 :.y Lee 29% Jan 22 89% 68% • . 4 1 26 41 " 89% 28 Vs 78% ;/:■ 6 28 4 _ 23 35% , G common:.: 6 3% Oct 10 — 1 preferred series A—. 13 Va Jan 24% July 26 79% Aug 27 Co Gas 32% Aug 16% Sep 36 ;■ * 90 - _1 Paper Co__± 24% Jan 12 4 90% 14 5 1 30 Mar 15 22 31% Mar 57% Dec *88% 50% 10 Lane 1 % Dec 10% Jan 90 51 Va ; Lear 6 30 *881/4 14Vs 10 20 Apr 22 87 13% 10 25 25 6% Dec *86 50% ilOO Jan 25% Oct 26% Sep 87 44 % — Consolidada 6 % La 11 22 27 20 i *86 43 Va _1 23% Jun Jun 86 Va 4,100 25 2 13% May *85 54 1 L 10 27% Mar 11 27 94% 77% Co__ Sutherland P 18% Feb 7 86% *92% 36% —100 &. Co—. Co— 22 2 *84% 94% 77 CO— Kroehler Mfg 36% Mar v 22 34 % Apr 86% *92% 36% Inc* S) 34 Va Jan 10 34% Jan 23 % Nov *84% 931/4 77 78 '= 93'A 100 - . 601/4" 77 1 preferred—- Korvette 12 Jan 4% 23% Jan 8 86% 93% 59% 77 \ 36 Koppers Co Inc common— 21 *841% 60 36 5 6 15% Oct 86% 59% 76 t-r; — 4 24 % Jan *76 36% Corp__ 31% Jan 17 77 75% King-Seeley Keystone 46% Jan 3% Dec 59 *76 93 V4 . 500 2.40J ; 77'-, 90 2.50 2 19% Oct 21 6 28% Nov 112 " 59% 58% 36 Vs preferred Wire Co Kimberly-Clark 12 25 100 . 106 ♦100 , 75% I common Indus 24 26% Mar 59% 112 20,100 46 105 *88'A prior conv 34% Oct 43 'A Mar V *100 40% 96 45% 105 36% 54% par Co Land Kerr-McGee Oil 25% Dec 34% Jan 110%- • 103% t 75 No par Apr"" 7 18 104 50c Copper— 51 % Mar 13 24 < 90 *36 1 2 29 111 94 73 %• y -8 22 17% Sep *100 IO31/2 110 V2 104 40% *92 86% ^ 37% Oct 27 % Jun 104 40% *85 — 27% Jan 32% Nov 45% 39% 86Va 8.75 Thermos Co_ KLM Royal Dutch Airlines 77 96 *45 *85% *88'A ;••«* 50 ——* 16% Dec 29% *92 45% *84% .' No par Light Co— Co__ Kennecott 20 25 96 *45 86% Hayes Co— Kendall 6 & Co Kelsey 17 Jan 74% Nov *93 45% V *84% *92% .j, —100 _. com Electric Co—No Kansas Power 71% Oct : 54% July 22 96% *45 ♦76 preferred non-cum Kansas Gas & 8 64 7 38'A 96% 97 45% 76 76 ——100 preferred—— City Southern .••„ 39% 38% 38 38% 105 .' llK59% 1 60 • * ... 100. 39% Aug 24 70% Apr 31 % Apr ,1 / 100 preferred-—-— 4% 1 Apr .>:•• par ., 104 *100 - . pfd—100 conv preferred——I. 4.35% 7 Jan preferred_^_100 preferred Kansas 28 59 *45 4.20% 8 37% . ,*93 50. 100 10 44% Oct 43 Corp 33% preferred—_10Q preferred-—— 16 Oct 31% Nov Chem 4.50% v 22 % Sep 45 % Oct <fc City Pr & Lt'Co com_No 3.80% July 28 30% Oct 24 29 54% July 4 117% Feb (s«r of 1959J Alum ' 4 50% July 31 7 4%% 37% Sep Sep 23 90% Oct if Jan 79% Jan 13% Dec 17 convertible 90 9 62% Sep 29 34% July 12 41% May 12 July 27 4%% 90 -33% Nov 50 13 Kaiser 87 V, 6 85 7/s Feb 6 12 38% Aug 28 5 preferred——1 May 79% Aug 82% Mar 18 5 convertible 4%% #7 59% Dec 8 25 80 % May 23 27 May 20 4%% 6 125 3 6 5 122% Jan 'i 30 74 ' 54% Jan 111% Jan Sep Mar 11 82 25 Sep 41% Feb 5 12 July 27 92% Jan 79% Sep 86 34 Oct >57% Apr .17 18 24% Nov Sep 29 86 42% Jan 8 24 130 .,. 20 73% Nov July 135 V Nov 23 "46% Oct 32 July 27 ,, 1151/4 950 1 33»A 12,900 2 4Vs 24,400' 35% 11,700 3,600 116% 116'A 116% 15 1,600 14% 14% 14% 14% 14% 14% 14% 29% 30% 29% 30 291/4 29% 29% 30 29 % 29% 29% s 29 Vs 30 39% 3 8 Va 3S'A 39 39% 13,500 " x29 39% *29 29 38% 40 ^ 8,400 2,700 6% 6% 6% 6% 6% 6% 6% 3,700 17% 17% 17% 17% 17% 17% *171/4 17% l.COO 39 3 8'/a 391/4 37% 38% 4,500 38 38 38% 89 89 •24% 24 24% 31% *89 31 % 90 % 24 6% *89 23% 90% 24% 3>00 31% 31% 31% 4,400 82'A 82'A 31% 31 Vs 821/4 82 % *82V4 83'A 36 36% *35% 36 78% 79% 78'A 79 % 77% 791/2 79% 79% 79 Va 88 A 87% 88% *77 351% 79% 87% 31% , *77 86 Va 50 23% 36% 82% 90% 24 36% *82 *89 80 *351/3 36 600 77% 78 27,700 *77 88% 81 89% 100 10,500 ■v The Commercial and Financial Chronicle (394) 22 . . Monday, January 23, 1961 . NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS Range for Prevlova Bange for Year 1960 Year 1959 Highest Lowest 16Va Lowest iNov 6 27% Jun 22*}* 18 533/4 Jan 15 YORK LOW STOCK Monday EXCHANGE 8% Dec 16 18 % Feb 23 1 42 Va Dec 28 70% Jan 4 45% Dec 16 Metro-Goldwyn-Mayer Inc Nov 14 Metropolitan Edison 3.90% Mar 19 24% Jun 10 74% Jan B 84 Merrltt-Chapman & Scott Machine Mesta Tuesday Jan. Par 25 reu 82 Va July 37 NEW Highest Jan. 17 16 AND HIGH SALE Sales for PRICES Wednesday Friday Jan. 1!) the Week Jan. 21) Thursday Jan. 18 Shares 12.50 10% 10% 10% 10% 10% 10% 11 121/4 12% 12% 5 50% 51 % 51% 521/4 52% 53 52% 53 52% 53% 2,200 No par 43 % 44 42% 43% 43% 45% 46% 471/4 46% 47% pfd—100 58,800 ♦81% 83 ♦82% 83 82% 83 *82% 83'/2 *82% 83% 60 Co Dec 28 88% Apr 15 98 Mar 13 83% Jan 13 93% Sep 8 4.35% ♦89% 91 *89 «/2 91 *89% 91 30 88 Mar 31 75% Feb 15 82 Oct 10 3.85% preferred series preferred series 100 75 % Nov 100 ♦81 82 Va *81 82% *81 82 74% Nov 12 87 Apr 28 75% Jan 19 82 Nov 14 3.80% preferred series__ 100 *81. 82 % 82 82 *811/2 83 4.45% preferred series— South Utilities Inc Enterprises Inc 100 10 *90% 91% 32% 33% 1 ♦40 y4 5 52% 52% 52% 52% 52% *52% 52% ______100 94% 94% 94% 951/4 95%. *94 95% 40 40 % 40% 401/4 40 % - 42 % 42 % 43 *42% 43 20V* 21% 21 21% 21% 22 22% 47,000 74% Dec 22 84 80 Jan v 30 99% Mar 11 Jan 23 68 33' 83 % Jan 9 111% Jan 28 18% Feb Va Dec 20 Middle 58 Jan 22 Midland 59% Feb 3 41 Dec 22 Aug 11 60% Nov 2 29 15% Oct 95 33 4 16 9 12 48% July 25 Feb 27 88 Jan 5 95% Dec 2 88 May 2 40% Nov 15 92 15% Oct 24% Mar 20 150 38 31% Dec 14 35 Vb Oct 20 19% Nov 16 31% Dec 23 8 26 24% Jan 88 Jun 17 Apr 19 33% Jan 4 30 41% Mar 16 35 3% Dec 20 6% Jan 7 48% Jan 29% Jun 15 39 Jan Feb 17 22% Sep 7% Oct 26 15% Jan 1 11 10 20% Jan 30 12% Jan 8 18% Apr 27 15 9 70 5 60 Not 8 78% Aug 14 70 Oct 12 12% Nov 24 16 Jan 19 18% Nov 23 24 Jan 29 11% May 9 11% Oct 26 11% Dec 80% Mar 11 1 68% Jan Jan Aug 87% Mar 23 15% Jun 23 19% Jan 6 13% Jan 11 22 18% May 28 9% Dec Jan 2 6% Dec 9 383A Jan 8 35% Sep 20 55% jan 8 33% Dec 30 21% Jan 27% Dec 28 14% May 26 56% July 27 35% Mar 2 22 21 29% Aug 31 Sep 20'A Jan 14 20% Oct 7 13 26% Mar 25 Feb 40% Feb 2 53% Dec 23 24% Feb ~3— 24 57% Sep Feb 9 24 Dec 19% 20 72'% 71% 72% 32% 32% 32% 32% 32% 32% 32% 33 32% 33 '/a 38 38V4 37% 37% 37% 38 37% 38 37% 38 3,600 36% 36% 36% 361% 36% 36% 36% 36% 37 5 36% 5,600 25% 25% 251% 25% 25% 25% 25% 25% 25% 25% 34% 351/s 34% 35% 35% 35% 35% 35% 22 43% Jan 2 25% Sep 13Vb Nov 32 Jan 2.50 Paper No par 1 Class B .. 5,500 38,300 6,200 12,500 35% 35% 9,600 3% 3% 4.1/4 4V« 4% 4% 8,800 40% 40% 40% 40 % 411% 411/4 41% 41% 41% 6,200 4 4 36% 36 V* 361/s 36% 36% 36% 361/4 36% 36% 36% 21 20% 21% 21% 21% 21%' 21% 21% 21% 5,700 91/8 9% 9% 9% 9% 26,800 9% 91/2 ♦68% 70 *681/2 74 *72% 74 9 70 *72% 12% 12%;/. 14% 14% 14 14% 9% 9% *9% 7% *12% 13 14% 14% 14% •141/2 10% 10% 7% 45% 46 35 35 V* 34% 35 34% 35 32% 32 % 32 32% 32 32 37% 37% Mining & Chemical— 37 1,000 lire *33 37% 37% 37% 200 10% 400 7% 7% *7 45% 44 % 45% 35 46 1,000; lire 2,800 35% 34% 351/4 4,500 31% 45% Stamped American shs 14% *9% 10% 60 700 13 44% 45% American shares—: 74 12% 7% 1,500 70 *72 % 12% 45 Va par *68% 74 *72% 13 *9% 7% 70 *68'/2 72% 13% 10% *7 91/8 1 70 72% 13% *7 9% *681/2 , 12% 5 12 4 « 20% 2 Montana-Dakota Utilities Co Montana Power Co —No i 4 40% No par Monsanto Chemical Co 31% 31% 32% 3,500 : 50,400 39% 38 38% 38 7% 9,300 10 21 53% Jan 4 Montgomery Moore-McCormack Lines 12 11% 12 11% 11% 11% Morrell 11% 11% 10 11% 11% Co 2,000 34% 35 % 34% 34% 34 34% 34% 34% 33% 34% 14,100 — 3 77% 80 76 78% 79% 78 79% 78% 80% 19,400 Monterey Oil Co 14% Jan 7 28 47% Jan 19 24 98 Oct 27 23% Jan 4 7 19% Dec 5 Sep 28 28% Jan 22 Mueller 21 Munsingwear (John) Motorola Inc Motor Wheel May 31 M & 17% Oct 25 21 30 53% Mar 22 5iy4aug 4 31% July 24 47% Dec 24% Not 4 29% Sep 12 Murray 5 19% July 1« 12% Feb 1 06% Jun 17 NAFI Natco Co 41% par 28'A 28% 28% 29 Corp >33 29 28% 11% 7% 28% 42 *36 39 8 7% 7% 7% 28% 29 43,700 29 56,300 13% 13% 13% 13% 13% 13% 13% 13% 5,400 32% 31% 32 % 32 32% 32 % 32% 31% 32% 7,600 17% 17% 17% 17% 17% 17% 17% 17 3 8 17% *23% 23% *23% 23% ♦23% 23% 23 % 231/4 23% 23% 5 18% 18% 18% 18% 18% 18% 18% 18% <■' 18% 19 1 2,300 47% 48 45% 47 44 44% 44% 45% 45 46 4,200 10 27% 27% 27% 27% 27% 27% 271/2 27% 27% 27% 5,000 29% 13% 31 13% 28% 29% 28% 29 27% 5 12% 10 31% No par 17% 1 1 C) America of 39 z7% 78% 13% Inc (G *33 41% Co__: Inc Corp— Murphy 1 39 41% Co— Corp Sep *33 41% ._ Supply Brass No Co Corp Fuel Industries L S 39 1 Ward & 11 20 Ontario & 10% Sep 29 19 9,600 20 Mountain 25 % Sep 145 144 19% ■ Dec 40 8 25% Oct 24 23 146% 145% 41,400 70% 12% Nov 16 120 22% 71-v; 60% Oct 27 147 22 - 20% 26% 8ep 12% Oct 1,600 3,000 37% Oct 25 21% Mar .'*! 70% 31% Aug 16 24 30% Oct Jan 100 20 Montecatini 27% Aug 28 36% 16,900 ' 22% 145 ; 43 71% 11% Aug 22 25 146% 52 *94 60 32% 20 4 8 145% : 951% 91% *40% 42 Mississippi River Fuel Corp 10 Missouri-Kan-Tex RR 5 Missouri Pacific RR class A—No par Missouri ,Portland Cement Co—6.25 Missouri Public Service Co 1 Mohasco Industries Inc common 5 3%% preferred 100 4.20% preferred 100 Mojud Co Inc— .-1.25 Monarch Machine ToolNo par Monon RR class A_— 25 15 17 Dec Jun 147 52% • ' 79 32% 42 70% Mission Development Co 6 17 146 521% *94 91% 911/2 321/e ; 20 Minnesota Power & Light Mission Corp 6 33% Dec Jan :—_10 Corp.— ~40 73% Minnesota Aug 16 2 8 Oil 83 90% . 32% 42 *81 % • 91% 32% *40y4 83 40 82% *81%' ; V *81 20% 29 52% May 25 45% July 29 1st preferred *90 90% 32% 43 89 % 89% 82% 70% 4 24% Dec 7 Mar 10 common 90% 31% *401/, 43 90 *81 20 38% Aug 31 37% Jan July 12 16% July 4 34 60 1 31% Feb 24 4 Corp Minerals & Chem Philipp Corp—_1 Minneapolis-Honeywell Reg 1.50 Minneapolis Moline Co__ 1 Minn Mining Mfg—_——No par 5 24 27 22 Apr 29% May 23 4% Sep 41% Jan Jan 49 % 178% Jun Sep Oct 28 Mar~~5 39 "28* 8 17 123% Feb July 21 29 Va July 29 5%% Midwest 26% May 16 21 60 31% Apr Midland-Ross 8 40 y4 Jun ,2 39 V* Jan 33% Dec Dec 4 25% Mar 16 84 Va Dec 90 % , t ; 4,400 300 N 12% Nov 10 18 • 12 Mar 30 18 Jun 17 50% Sep 15 40 Oct 13 54% Jan 4 16% Dec 23 63% May 6 29% Jan 22 10 Dec 1 17% Jan 4 Jan 24% Sep 49% Jan Dec 8 21 15 22 " 34% May 6 56% Dec 30 164% Apr 3 National Sep 10 14% Jan •551/s Sep 25 80 Jan 143% Jan 8 12 30 157% Aug 12 12 J.'. Can National Cash 12 32% Jan 15 20y4Nov 28 31 2 54% Jun 12 44% Jan 20 66 % Dec 5 8 35% Dec 7 24 y4 Dec 6 35% Jan 11 81% Dec 13 Sep Jun 1 24 84 Nov 23 19 109 Apr 97% Feb 20 104 Feb 9 10 3 144% Jan 4 % 31 134% Mar 12 % Inc 1 Chem $4.50 7% Lead 6% preferred 10 132% Sep Aug 18 17% Oct 19 24 Va Dec 21 Aug 28 24% Dec 0 43 Jan 6 371/2 Dec 3 38% Dec 25% Oct 12 40 Jan 14 74'/4 Jan 7 4 National Steel 15 98% Aug 6 40V* Mar 13 98 % Jan 23% Dec 8 National 4 17% Sep 22 9% Jun 10 14% Nov 131/2 Jan 24 5% Nov 22 % Dec 12 7 24 24 Jan 9 27% Nov 12 36% Jan 2 71% Dec 28 15 28 National Tea 31 13 Jan 4 National Theatres 25 29% Jun 10 National Vulcanized 7% Jan 15 Natonas 27% Jun 29 Nautec Dec 1 14% Mar Nov 1 34% May 24 23% 13,800 27% 25,000 88 24 40% July 11 Newberry Co 71 21 82% Mar 2 107% Mar 11 16 49% Mar 13 21% Jan Jan 34% Oct 29 33% Oct 6 36% May 22 May 6 ' 33% May 11 23% May 11 . Newport 32% Jan 7 New York Air York 6 30% Jun 13 25 6% Jan 6 Preferred 29 10% Jan 6 Dec 24 20% Jan 5 4% Oct 25 12% Jan 5 24% Dec 29 38% Feb 17 12% Dec 7 27% Jan 11 2% Oct 25% Dec 11 71% Dec 29 84% Mar 11 33% Dec 15 41% Jan 14 65 Sep 18 Dec 23 73% Apr 77% Apr 1 69 74 Dec 21 85% Mar 3 79% Oct 29 88% Apr 2 91 -Sep '/* Sep 27% Nov 20 108 17 102% Feb 16 12 23% May 72% Jan. 26 Jun 17 29 20 Va Nov 25 11% Dec 4 30'A Sep 23 *126% 23% *23% 24 27% 28 28 29 29% ' 28% 28% 80% 81% 80 81% 19% 20 20'% 21 12 y4 Dec 52% 76 Aug 17 3.60% •9% Feb 1 20 18 y4 May 41% Jan 106% Jan 10 4 13% July 12 22% July 20 29% May 6 49 14 36 30 73 Jan 27 62% Dec 24 35% Jan 22 100 V* Oct 5 21 113% Mar 28 103 Nov Jan 25 28 Dec 20 48% Dec 22 68 Mar 29 26% Feb 32% Sep 6 99% Jan 16 17 6 107% Aug 6 103 y4 Jan 4 112 18 101% Jan 13 110 35% Oct 25 48 22% 3,400 16% 17% 6 V* 6 % 6% 21% 22% 29% 29 29 5,200 37% 37% 37% 3,300 75% *74% 75% *74% 75% 22% 22% 22% 23 82% 81 81% 75 75 22 Va 82% 22% *81 75 22% 82% 69% 67% 46% 45% 46% 27Va 27 22% 68% 67% 68 % 67 46% ... ^82% 68 68% 46% 47% 47% 49% 27% 27% 27% 27'A 27V* r 27% 5,100 17% 17% 19 18% 19% 18% 18% 87,000 39% 40 39% 39 % 39 Va 39% 40,800 3% 3% 7 3% 6% 14% 29% 3%' 6% 14% 29% 3% 29% 29% 28% 29% 29% 76%' 39% 69% 72% *76 76%.. .40 39% *69 69% 76% 39% 40 39% 40% 22,800 69% 70% 70 V* 70% % *72% 72 72% 72% 72% 700 78% 78% 79 78% 78% 740 82 V* 82% 83% 83% 83% *83% *83 % 85% 105 % 105 % *83 ♦104% 99 99 *99 19% 20 20 33% 100 *23 34% 34% 100% 101 North American Car 99% 99% 20 20 20 34% 35 23% 23% 23% *23 % 23% 23% 23 Va *13% 13 % 13% 13% 13% 1° 19 19 19 19 v- 48% 49 48 49 48% 49% 49% 50% 49% 50 % —5 45% 46 45% 46 64% 64% 31% 32 100 *103 % 5.80 % preferred preferred——; 5.60% preferred— 100 '107 5 44 44% 28 28 Vb 100 109% 104% *103% 109 109 % 108 104% ' 46% 46% 65% 65% 65 % 65% 65% 210 31% 32 Vb 31% 32% 32% 32 % 32,800 104% 104% *104% 104% 104% 104% 170 109 230 109 109% 109 % 109% 109'a 106% 106% *106'a 107% *106% 107% 43% 44% 44% 44% 45% 44% 44% 22,200 28% 28% 28% 28% 28% 28% 7,900 73% 73% 72% ■73% 74 74 *83% 84 V2 *83% 84% *83% 84% 85% *82 85% *82 85 %, 85% *84 85% II Apr 20 *82 85% *82 *83% 85 *83% 22 17 / 40% 29 % Dec 39 Va Der For footnotes, see 10 22 preferred series Dec Northrop 4 Northwest Airlines 17% Sep z 4 27 22% Dec 13 Northwestern 20 59 27 Norwich Ex-distribution. Jun 4 * 5'A% conv *83 85 1 Inc 1 10 preferred: Steel Pharmacal *82 6c Wire Co •84 ../ICO Corp.— Nov 31% Jan. . 100 . 44 17% L_25 24% 5 -24% _62%e 44% Co 28 85 Va 100 : ."$4.16 preferred series 8- 37% Sep Dec"22 page 26. preferred series.. 31% Jan 11,000 107% 73% 47 46% *106% , 84% $4.11 48,800 109 ' 44% 60 (Minn)— 5 Aug 26 46% 700 3,700 *64% *72 Ry 87 700 13% 32 $4.08 7,800 19% 65 9 3,500 36 19% 46 Sep 2,500 20% 103% 13% 31% 86 36 103 13% 64 States Pwr Co 36 103% 250 19 Va Co Pacific *20% 35 % 102 20 99% 19% 2 Co_ Northern 20% 100 105 % 13% 45% Gas 36 *99% 13% 10 Ry *104 99% 19% 50 Central Natural 105% 99% 20 " 102 100% 101 *104 ■* 85% 1 Corp Northern 105 V* 99% 23 VB 23% ♦104 105% *83% 86% Aug 24 320 73 77% 72 Va 6 .230 77% 83% 31 77-%/ 73 72% Jan 76 73 83% 24% Mar 31 76% 77% 100 13% Oct 9,500 76% 100 80 3,000 29 Va 69% preferred series— 10 > 40 Ve *69 preferred series Mar 25 2,000 8 39% 69% $4.10 89 2,700 67 16% 76% 76% 40 $3.60 44% May 12 3% 6% 16% Common 46 % Apr 44 Apr 3% 7% 16% 14 22 3% *6% 14% 87% Sep 28 ■ 7% 14% 29% Aug 26 76% Sep 7 18 3% 6% 14% / 8 24% Sep 9,500 19,000 39% 5 29% Dec 40 67% 49 Vi 39 25 11 27% ' 260 15,300 16% 17% 39 Jan 79 y4 Jan *81 800 11% 48% 76 79% Dec 11% *81 32% Jan 88% Mar 23 *10% 28% 37 Ve 67% Jan 28 11% 10% 37V4 Apr 20 77% Mar 17 79% Dec 5,200 28% 88% Mar 23 2 23,000 10% 29 86% Mar 6% 22% 50c Corp Northern 21 6 % 22% 37% 28 Dec 3,200 6% 22% 6 VB 22 27% Dec 79 281,000 11 78% Dec 67 24,900 6% 23 37% 2 A 17% 5% 23 28% 16 Jan 17% / 10% 22 Va Jan 25 % 17% 37% Nov 57% May 22 17% 27% 3% 1 Northern 20 22 % 73 Aviation 8 Sep Sep 22 28% 17%/ 5 American 5 V* % 21% 100 North 24 21 2,800 37% 38% 6c Western Ry common—25 Adjustment preferred 25 6% preferred 10 Norris-Thermador 21 22 Va 26V* Norfolk 2 5,000 77% Nopco Chemical Co 11% Mar Jun Sep 6 12 81% '76% Corp 4 Dec 17Y4 Dec Sep 21 100% Oct 23 6% 22 68% 100 29 6 V* 23% 22% ■ 100 25 81 * preferred 20% Jan 81% 3,100 100 preferred 26% Sep 81 5% 74% 7,75 100 — 5.25% Niagara Share 1,000 82 22% 29% 4.85% 15 30% 5% x29% 9 Jan 29% 22% par 7 22 28% 5% 14% Aug 90% Oct Dec Feb 5 28% 22% 22% par 102% Sep 108 28% 29% 81% 17% 24% 28% 5% 6% preferred-: preferred 02% Jan 128 24% 28 % 22% *81% 100 preferred— 3.90% 4.10% *126% 24% 28% 5% 14% No 80% May 4 88% Aug 18 15 128 24% 22% ._1 1 4 Jan *126% 24% 28% Corp— 'i preferred 7 80 128 ' 5% —100 A Gas 09% Mar 28 108 Electric 74% Jan - 160 37 Niagara Mhk Pwr Corp com.No par 3.40% preferred-: —100 Mar 28 $3.75 18,500 28% 15 No Common 14 130 92 154 22% ^,10% *"11%, par 17 14 . 93 90 Va *152% 91V4 5% 6% 1 19 6 4 16% 7,600 Hartford Co- 6c series 5% 16% 8,100 154 90 V* 22% 22% •. ___S No Shipbuilding Corp State > 10 Dock 73- 64 40% Dec Y . 100 : Brake—: New Haven York 5%' 22% / pfd_100 39% Aug 17 Mar" 18 Y 1-5% 1 2,400 25% 57 3 a *92% 93 93 88% 2434 57% :r *152 % 90% *28% _3 — 93 88% 88 * 4,200 - 154 24 28% 13% Mar 15 32 42 128% V 93 89% 23% 65% Jan 23% Mar 10 102 *126V2 128 92 % 91 % 28% ■< Mar 23 84% Jan 34 *126% 90% par 29% Sep 80% Aug 13 23% Aug 23 44% July 2 108 Dec 22 -- *152% Y Chicago 6c St Louis Co/ New N 100 V* Oct 154 No par Common ; N N 5% Dec 10 92% 1 Central 31% Jan 8 57% 1 common Ship 6c Dry New u 6 29% Mar 25 % 57 *152% Mining Corp 14% Dec 25 57% 93 91"% *92 Electric System——1 News 25% 153% Co preferred Newmont 6 88 V4 56V4 90% Inc (J J) England 47% Aug 22 88 25 56% 153% Television—_1 Fibre Jersey Pr & Lt Co 4% 79% Jan 88% 25% 56% No par New 85 ■■?-.. 10 New 22% Aug 88'% 25 57 5 Corp 2 4 8 89 25% 56% par Cast_No Aug 30 19% Jan 75% Jan 55 3%% 79% Aug 19 19 Apr 30 86 y4 Bros 89 24% 1 Neptune Meter Co__ 38% Oct 22 9 Neisner 10 7,100 47,800 61% . 23% 9% 69 23% 100 22% 660 151% 9% 67% 61% 1 24 9% 70% 26% 5 13 22% 150 y4 151 62 Co 26 4 22% " 8% 68 27 Va Corp— 26 35 27 29 Feb 68 '/a Oct 22 Nov 23% 151 9% 70% 61% —4 6c 151% 8% 69% 10,900 ' 26% Co— 37% Apr 43% Feb 2 25% Feb 4% July 22 18 151% 9 7,700 12,100 . 62 Corp-. 4% Oct 6 72% 27% Co 14% Oct 22 29"% Sep National-Standard 18% Oct 19% Jan 231/2 Jan 20% Jan 27% 71% 10 Steel 4 10 % Mar 24 27 y. Nov 31 28 % Jan 27% 72% 61 B— Service 6c 15 741/2 Dec Dec 16% Oct 24% Mar 25 Dec Sep 28 27% 2,800 ',5,500 26% Sugar Ref Co 68 27% 71% —100 120% Jan 22 8 28% 100 44 Linen u%;. 61% common 2 Malleable 11% ,, 26Va A 2 Natl 11% 60% .» 10 Jan National 11% 25% Co 28% Jan 17 11% „ % 61 % No Co preferred 22% 13% 55 26%. preferred National 23% 13% 54 60% Gypsum Co common Oct 23% 13% 54 72% •'73% 151% 13% 53%» liy4 x27% 67% / 69% 8"% 35.200 13% 53 V* 25% Fuel Aug / 150% 9% 67% 28% 13% 52 V* . 5 pfd series of 1951— Gas 72% 13% Corp com—5 Products & 73% 72% 8% 66% V 5 National 109 Va Jan 160 Lines Distillers 30% 30% liy8 29% Z 152% 152% 10 National Jan 98 5 120% Dec 104 10 Jun 132% Aug 159 Mar Sep 145 3 Dairy 11 11 59 78 26 Jan 10 88% Dec Apr 27 24% Jan 49% Oct 21 71 City National Natl 11% 30% : 100 * Register— 29 Vb 52%* ,/ 72 5 10 common Corp— National 9 21% May 27 6 24% Jan May Corp Co preferred— National 2t>% Jun 52% Sep 7% 1 28'/4 Jun 21 Biscuit 3 46% Feb 90 Aviation 11% Mar 26 > 1 National / 70% Jun July 18 49% Oct 5 77% Nov Airlines 1 /52%i 11%;.. 11% 5 Co_ National 32% Aug 22 25% Apr 25 49% Mar 21 Acme 28"A 13% 53%,- 55% 1 ; National • 142 : : 85% 45% • 85%. 43% 85% "18 28% 44% 44'A 44% 17% 17% 17% 17% *85- 86 % 24% 24% 24% 24% 24% 24% 24% 25 47 45 46 46 47% > 86 85. 86 44% - 24% 48 50 ■ , 100 24% 1,200 17,800 10,300 1,200 • 24% 2,200 46 47 % 86 - '45% 18% 18% " . ' 44% . 24% 24% 46% ■ 24% 18% 24% 85 24% 44% 17% 24% 24%- 86 . , 340 ./ • eamw»m WXmS Volume 193 Number 602S . . . The Commercial and Financial Chronicle (395) 23 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCK8 Year 1959 Lowest Range for Year 1960 Highest NEW YORK Lowest Highest LOW STOCK Monday EXCHANGE Pa* 31% May 17 38% Sep 19 63 Dec 31 95% Jan 16 84 I 4.40% preferred 100 Dec 29 85 Jan 12 75% Jan 94 % Sep 82 Sep 1 74 9 3.90% preferred 100 *80% 873/4 Dec 15 100 Jan 13 89 Jan 96 Aug 9 4.56% preferred 100 86 30 95 '% Jan 16 86 Jan 2 4.44% preferred 34'/2 Nov 13 46'/a May 21 30 Vb Aug 933/4 Sep 393/4 Jan 275/a Jun 9 4 28% Mar Sep 16 Dec 80 . 341/4 Mar Feb 253/4 Dec 3D 41% Feb 9 Edison Ohio 4 2 • Oil Dec 15 6 16% Sep 21 4% 1 87 16 19 543/8 Jan 4 18% Oct 20 42% July 5 64 % Dec 28 Otis Outboard 4 Oklahoma 23 % Jan 12 Outlet 14 12 16% Jun Jan 25 122% Jun 31 116 104 % Feb 16 130% May 31 23 % Oct 26 973/, Jan 27 110% Dec 9 26% Nov 13 38% Apr 28 85 24 993/4 Feb 4 95% 95% *94% 95% 90% 91% *90% 91% 37% 377/8 37% 37 % 85 common S 343/4 34% 34% 36 3/a Jan Jun 34% Jan 5 93 Aug Gas— Chemical Corp 510 95% *96 97 *96 91% 96V2 150 110 92 92 38% 38 38% 33% 343/4 91% 37% 377/8 167/8". 45 17% 20,300 34% 34 *17 34% 17% 7,000 17% 90 *87 90 17 90 33% •87 33% 447/8 120 91% 33% 45% 33%: 42% 33 Va 447/a 900 333/8 42% 3,800 43% 35,700 18% 193/8 183/4 19% 19' 19% 18 Vb 19% 397/8 39% 39% 18 Va 397/8 40 18% 40 % 61 40% 613/4 60% 61%* 40% 60 Ve 61% 403/s 593% 1,800 30c 23% 237/8 60% 22% 233/4 21% 597/8 223/a 60% 10.100 21% 23 13% 18 3/a xl7% 18% 173/4 217/a 173/4 22% *17% 35,800 18 —1 *15% 15%- *15% 153/4 *15% 3.123 Marine Corp Corp (The) Corning Fiberglas Corp—1 Glass Co " 93% 100 119 17% 1,530 153/4 15% 15% 97 97% 15% 95 97 15% 200 90% 94 91 93% 94% 93% 94 94% 93 9,800 93% 933/4 94% 6,800 119% II93/4 1193/4 118 27% 27% 273/4 28 28 3/a 90 No pa* 9,400 983/4 27% IB preferred—Lis 17% i 943/4 97 6.23 com preferred $5 9 7,400 91% 82 397/8 Oxford Paper Co common 27 37% 91% *80% *87 33% 443/B 367/a 91% 82 1 ——— Owens-Illinois 4% 445/a 36% 91% —10 Co Owens 1 17 90 44% 36% *80% 4 17 *•> *87 —6 91% 343/4 '17 33 Vb Shares 82 34% 17% 333/8 the Week Jan. SO 95% 90 33 Friday Jan. 19 *903/4 *87 7.50 Sales for Thursday 37 91 *80% *17" "• - BALE PRICES No par Overland Dec 823/4 Oct 31 Dec 24 Oct 15 1043/4 Dec 16% May 4 75 9 943/4 July 37% Jan 2 12 10 81% 100 Elevator 24 7 15 Vb Nov 79 '/a Feb 91% 807/a Olin Oil 6c Gas Corp Orange 6c Rockland Utilities 15 61% Feb 37% 91% 81% ^_20 Natural Olin Mathieson 19 % OCt 393/e July 15 7 37 91% preferred.— preferred 33% Dec 36J/4 Mar 29% May 37% 91 _No par Electric Co 36% 37 HIGH Jan.18 100 __ 6c AND Wednesday Jan.17 ■ Jan 24% May 10 373/4 Aug 4 15 % Dec 29 58% July 28 IB common 4.24% 36 35% Nov 29 3oy8 Jun Co Co Okla Gas Jan 16 5 18 29 Ohio 83% Jun 27 90'/a Feb Sep 25 Jan Tuesday Jan. 16 90 90 90 90 91 118 117 119 28 ♦117 28% •89% 118' 28 Vs 91 1,500 , 28% ♦89% 3,100 - 91 110 P 11 Vs Nov 233/4 Jan Jan 16 12% Oct 153/e Jan 27 18 11 14% May 14 9% Sep 23 16 '% Nov 16 5 11 % Jan 173/a Aug 17 26 Pacific Amer 18% Jan 7 Pacific Cement 6 6c Pacific Coast Co 183/a May 11 5 Jun 22 23 % Feb 26 18% Mar 18 22% May 51% Nov 5 20 46% Sep 60 % Jan 11 Pacific Finance 58% Jun 9 67% Apr 66 3/4 Apr Dec 30 Pacific Gas 60 3 45% Nov 16 56 % Jan 7 25% Sep 23 29% Oct 20 21 1443/4 Apr 24 126 Oct 4% Sep 30 Sep May 11 46% Mar 77 6% Jan 29 4% Oct 26 3 46% Nov 24 19 % Oct 25 35% Apr 17 16 Pacific 28 Pacific Feb 2 7% Jan 39 Jan Oct 24 173/4 July 6 163% Apr 13 Pacific 28 23% Jan 4 < Tin Jun 59% Jan 25 40 2 Jun 8 503/8 Dec 30 83 Dec 8 28 83% Mar 18 913/4 Oct 42 Sep 21 50% Mar 13 1 9 49% July 30 39% Apr 29 36% Mar 15 __67% Sep 36% Feb 51% Jun 15 94 Jun 7 23% Jan 23 31% July 24 21% Oct 4 28% Jan 4 42% Sep 22 65% Mar 20 33% Oct 24 60% Feb 29 Oct 12 3% Jan 30 1 % Dec 1 12% Feb 26 18% Dec 14 14% Feb 12 2 3 Mar 16 20% Dec 5 15% 16% 15% 15% 157/s 15 Vs 15% 1 15% 16 16% 167/a 16% 17 21% 20% 20 % *20% 21% •20% ♦20% 54% 5334 55 543/4 213/2 100 543/4 55% 56 553/4 75% 753/4 553/4 4,100 75% 76 76 3/a 77 13,500 53 11,000 common American Pan Amer 4% Pipe Patino Peabody 5% 6c Coal Nov 17 44 Mar 15 60% Dec 14 Nov 1 31% Jan 4 Penn-Dixle Cement 22 Penn Fruit Co 26 Sep 32% Dec 36 21 11 July 35% Dec 20 18 % Jun 29 48 Sep 9 Aug 8 45 Sep 7 22% July 25 303A Mar 31 18 6 27% Oct 28 36 Dec 22 25 % Nov 13 5 253/a Jan 27 283/4 Sep 7 88 Dec 11 102% Apr 8 89 84% Dec 14 98% Apr 20 15% Nov 17 20 29% May Jan Jan 4 85% Jan 18 5 10% Oct 5 973% Aug 24 943/4 Aug 31 ... 6c Pennsalt 4.40% Jan 7 *. 29 50% Jun 17 14 52% Dec 16 30 14 99 % Feb 15% Dec 18 19 3% Oct 27 6 3/8 Feb 30% Sep 94 % Sep 22 43% May; 54'/a Dec 22 46% Jun 9 Oct 92 Oct Sep 41% Dec 28 92% Jan 25 3/4 Jan 22 7 95% Mar 13 % May 17 16% Jan 47 5 7 11 Pel Milk Co 4%% 16 54% Nov 25 21 5% Jan 21 38% Jun 23 Pfizer 10,600 52>/4 88 87 88 55 54 553% 5,700 37% 37 24% 24% 243/a 24% 24% 26 37»/2 54,700 257/8 257/a 25% 253/4 40 40 40 39% 39% 2,400 393/4 39V4 2% 23/a 393% 2 3/8 ♦2% 2% 1,300 21% 21 vb 213/4 11,500 233/4 •23% *383/4 •39 :: *2% 2 3/a 2% 2% 21 213/s 207/a 21 % 21 it' 233/8 *23 % 233/4 233/4 233/4 53% 54% 533/4 53 3/4 53 54 30% 305/a 30 % 31V4 30% 2% 21% 23 3/a 31 21 ♦23% 170 600 233/4 300 53% 54 54 Vs 54'/4 1,900 30% 31 30 3A 31 >/a 9,500 17 17% 17 17 Vt 17 17% 17 Va 17% 45% 45% 45% 45 % *45 45% 45% 45% *45 46 220 42% 423A 42 Vb 42 3/4 41% 423/s 41% 42% 41 42 315/o 327/8 32 % 325/a 32 5/8 33% 13,000 32% 33 323/8 331/4 34% 13,100 35% 35% 277/8 35%, 35 35 % 35% ^353/8 27%. 277/8 273/8 277/8 273/4 28 96% 97% 97 97 97 % 97% 92% 92% 92% .,93 r 93%.>y 123/4 12% 13 12% '35% ;,35% 13% , 473/4 46% 47% 39% 40 Vb 100 *93% 8 23 33 %c 1 common 50 37 47% Corp 523/s *87 54 . 173/a- 351/2 3,300 277/8 28% 11,600 98 973/2 977/8 94 93% V 94 ♦93V2 137/8 35% 353/8 283/a 133/4 14 13'/2 35% 69% 68% 473/4 473% 477/8 477/8 48 3/a 45% 48 47% 48% 40 343/4 69% 463/4 40 i. 35% *34'/2 - 190 94% 410 137/8 77,400 35 1,500 69% 70 701/4 47% 44 48 48% 49 49 49',". 16,600 47 Va ' 70 46 48% 47% 48 3/a 10,100 40 40'A 14,300 A , 40 Vb 40 3/a 95% *93 % 95% •93% 95 % *93'/2 16% 157/s 16 153/4 16 153/4 16% 157/s 16;- 50% 52 51 51 51% 52 52'/2 54 *93% 51% 51% 3% 3% 3% 33/8 32% 31% 32% ,.-40 95% 33/8 313/4 10 5,100 •97% 463/4 ? - 173/4 16 Corp of America——1 Pfeiffer 263/8 Mar 14 37,900 51% 52% 88 373/4 69 Pfaudler Permutit Inc Nov 2% Dec 51% *87 54% 100 Co preferred Petroleum 13,300 18 7/8 533/8 No par Ry Pepsi-Cola Co_ Perkin-Elmer 173/8 18% 9,100 37 vs *45 Peoria 34 % Jan 523/4 88 *87 463/4 Peoples Drug Stores Inc Peoples Gas Light 6c Coke—— 68% Mar 25 433/4 Dec 50 34 54% 88 •35% 66% May 16 15 31 167/8 19% 19 •-70% 45 8 37% Nov 39 3/4 Dec 17% 183% 183/b 35 7 543/4 Feb 2 167/a 18% xl8% 693/4 30% Nov 64% Aug 11 26% Jan 14,200 22% 17 45.% 55% Mar 20 5 Eastern 23% 24 165/b 100 RR 27 6c 22 s/8 23 Va 17 _10 series preferred- 30 Mar 23 24 237/8 6% 55 v* 1 57% Dec 74 11,300 53/4 37 % No par 49% Jan 40% Nov 6 »/8 16% 100 Corp preferred Pennsylvania 290 53/4 23 5% 533/4 3 Corp 4%% 5 32»/2 1443/4 5% 145 36% 50 Penn Power 6c Light com 17 % Jan 32% 1443/4 •144 5% 53/8 523/8 32% 2,200 373/8 1 Sand 53 3% 4,800 56% 5 common Chemicals 52% 32% 7,800 153/a 17 55% 1 Co__ Glass Penna Inc Corp preferred conv 52 Va 323/fl 144 143% 23 prior preferred (J C) 52% 32% 144 21% 167/s 15% 36% B Ford 4.68% Penney 53/8 52 3% 1 common 24 conv 143 3.50 Co 8 Penick 53% 32 % 317/a 144 ♦87 No par Enterprises 11 Sep 18 7/8 ___2.50 Transportation Mines 393/8 Mar 12 Jun 183/4 1 Parker Rust Proof Co Parmalee 64% Jun 15 1 Inc No par 243/4 Apr 38 % 70c 17 32 Vb 76 16% 17 ' Line— Co 25 41 233/4 16% 100 6c 29 24 22 3/8 Pictures Corp 21 12 50c Sulphur 30% Sep 21 % Jan 1 5% preferred Davis x52% 31% 142% No par Paramount 53% 52 vg 75% 100 Corp 16 vb 15 753/8 14 2/7 Common Parke 75 No par com World Airways East 543/8 25 Electric 45% Nov 21% Sep 10 Electronics Pan *20 23 Consolidated Panhandle 43 157/b 15% 15% Corp 6c Packard-Bell 4 157/s 16% Lighting Corp Telep 6c Teleg preferred 6% 12 143/4 15% 15% B Inc preferred 53% Sep 145 23 22 5% 2 32% Jan 8 26 % Mar 10 130% Feb 12 20% Nov 28 143/4 Aggregates Ino.B Fisheries 313/a 40 14,600 95 3% ' 3,700 7,100 ' 100 22 24 4 57 Apr 96% Jun 8 3 43 % Mar 5 8 100 Mar 57% Jan 47% Mar 31 ■ 9 6 53 Aug 16 23 Aug 29 23 223/4 Jan 26 20 ve Jan 11 103 % Apr 7 99% Sep Dec 23 88% Apr 15 13 873/4 Jan 75 Jan 13 833/4 Sep 85 Dec 17 QQ Jan 2 84% Jan 6 96 Sep 93 Dec 28 104% Jan 18 ' 39% Sep 75 26 93 Jan 12 101 26 Oct 25 49 363/4 May 15% Dec 6 1 73 603/a Dec 15 Jan 85 Dec 54 Jun 9 77% Dec 23 I 6 30 preferred (conv)—__100 $1 conv 53 preference com No par 22 22 22 22 *96 98 preferred Reading Corp Corp common —100 4.68% 38% Apr Philco 29 71 Mar 29 65% Mar 10 60 Apr 5 81 Dec 14 77% Jan 20 85 Aug 12 Mar 23 743/a Jan 14 *92 % ♦101 3% % / 74% Dec 22 82 Oct 22 523/4 Mar 23 41 ll1/. Jan 16% Dec 28 41 v» Mar 1 13% Apr 36% Dec 4 493/4 Aug 27 31% May 90 Jan 2 8 95% May 533/4 Dec 91 20% Jan Sep 16 213/a Jan 5 94 Dec 14% Dec 125'/2 Dec 145 9 Mar 9 42 7 91 >/2 Mar 19 47 Dec 13 97 Aug 2 1 73 Sep 1 43% Jun 20 1 253/g Jan 4 10 88 8 Dec 2 13% Dec 23 123 Dec 6 22% Jan 4 29 26 823% jan 29 57 Dec Feb 9 59 Nov 119 Sep 8 V Aug 31 8 28% Jan ,_i J 9»% Sep Mar 16 23'/a Jan 132 4 9 5 28 38% Jan 7 Nov 19% May 20 80 3/a Jan 30 16 22 17 Dec 86 Jan 28 743/2 Dec 19% May 93 Aug 17% Nov July 23 55% Sep 10% Dec 68 6 6 79 4 24 Vs Jan 73 3/s May Sep 17% Dec 2 19% Aug 17 28 18 3% 29 29% Sep 28 Mar 18 993/4 Apr 3 89 29 28 11 Apr 433/4 Feb 45% July 7 26% Dec 15 3 Dec Dec 813/4 Nov 8 3 83 32 80 % Aug 54 9 28 18 Jan 6 125 113'% Oct 5 Apr 11 45i% Oct 25 81% Jan 4 18 83 3/4 Oct 26 124% Jan 4 72% Dec 20 253/4 Nov 2 43 3/4 Mar 8 15'% May 10 (The) common $3.50 convertible preferred Plough Inc Plymouth Oil Co 17 31% Apr 17 28 1883% Dec 22 163'A Feb 1 22 Sep 22 283/4 May 14 16% Dec 6 88 Jan 14 96 Dec 31 88'% Oct 12 95% Jan 11 29'% Feb 24 27 Feb 1 34% Dec 30 Potomac 90% Nov 30 81% Feb 1 139 vb Dec 12 Procter 61 Gamble 2613/4 Aug 22 253/a Jan 5 Polaroid Poor 6c Porter 25'/2 May 19 9 47% Feb 17 58% Jan 5 52 11 693/4 Dec 30 Public Service 4 43% Apr 8 36'% Mar 9 44% Dec 30 Public Serv 3 26% Mar 8 29 3% Sep 12 35% Dec 26% Dec 33'% Mar 10 Jan 78 % Oct 5 91'% Mar 20 78»% Jan 19 80 Jun 5 92 Mar 20 80»/, Jan 5 83 Sep 23 93 Jan 16 84'% Dec 12 98 Sep 22 1063% Apr 6 98 Jan 14 21 48% Feb 9 $1.40 preference Power 29% Dec 36% Aug 31 17 53% 50'/4 52 413/4 40 40% 40% 41 41 413/4 417/g 42»/2 21% 205/8 21 20% 85 21 20 3/4 *83 15% 82 47 46% 47% 47 47% 7,800 95% •94 951/2 95% 203/4 •20 21 85 •83 80% •80 83 •80 83 15% 15 v* 15% 15% 153/4 153/4 125 % 126'% *124 126'% 126'% 126'% 213/8 21 21% 21% 21% 21 21'% 21»% 21% 4,000 73% 72 733/8 71% 73 71 y4 72 72'/. 73'% 37,900 13% 13% 13% 6,400 13% 133/8 13% 13% *59% 61 61 61 ♦60 61 •60 61 ♦60 *63 67 64 64 ♦63 67 •63 67 *63 67 123/4 123/a 12% 13'/4 *12'% 12% 123/4 *116% 120 61% % 104% 104 70 116% 116% 60% _1 75 703/4 60 % 104 70% 70 18 s/8 24% 233/a 184% 188 193/a 19 % "116 118 60 Va 104 % 70 713/4 24 Vs 189 193/a 1943/a 19 19% 89% 100 10 34% 139% 893/a 893/4 893/4 3*4 % 34% 139 % 34% 140 1393/4 893/4 11 21 12% • *116 13'% _ ♦116 118 4 60% *104 *104 73'% 72 73 23% 24 Vb 23% 192 60% 61 105'% 195% 193 19'% 19% 19% 893/4 Co oMndlana preferred preferred 4.16% preferred 4.80% preferred 10 100 3,300 118 10 7,100 .,60% 280 105 74% 6,700 24 6,400 195 : '28,700 19% 3,900 ♦653/4 34% 34% 34% 139% 140'% 139% 64% 65% 653/4 66 % 66 66% 66'/4 66'% 3,700 453/8 44% 45 1 443% 457/a 45% 46% 46'% 47'% 35,300 283/4 28 % 28% 28% 28% 28% 28'/4 28% 28% 1,600 83% *823/4 83% 83 *83'% 84'% 140 85% *85 86% 85% 85% *85'% 86 88 88 83% 83% 83 % 4 373/4 Aug 30 Puget Sound Power 61 Light Co__10 10 37% Jun 24 Pullman a 39% Jan 4 Pure Jan 26 .63% Dec 5 Quaker Oats Co common 125 % Jan 11 136 493/4 493/a 497/8 71% 71% 72 72 23 22% 227/a *22 *21 *' 213/4 *118 66% , 125 *21 85/8 83'/4 88'% 190 102'% •102% 104 " 102'% 410 17,000 52 523% •72 72% *72 723/4 30 22% •22% 22% *22% 22 Vb ♦21 500 *21 21'% 21% 21% 100 83/4 125 9 % 50% *125 52 135 . . 8% *85% 343/8 347/a 343/4 35% 347/a 353/8 35% 35'% 343% 35% 35 355/8 35% 357/8 35% 36 35'/. 35'% *85% 87 130 . 130 130 ' 8'/a 85% 87 10 88'% 8 3/a " ' 21% 22% 124% 123 50 3/a 72% *72 21% 123 50- • ' 85% .. No par 301/4 Oct " 487/a No par 29'% Feb 7,500 10,200 45 Publicker Industries Inc common..8 $4.75 preferred 120 89% 35 140'% 28% 10 100 25 25 100 *89'A 89% 89% 34% 140% 343/8 139 103 % Aug 25 „ 123/4 60% 23 % 24 1863/4 24% 182 123/s 13% 104% 60% 104 133/8 103% 86% Nov 320 61 100 100 100 103 11% Feb . 10 200 2,300 124% 102 % 123 lo 3,400 _ 723/4 103 Serv 17,100 85 125 126 20 7,300 •83 102 Public •94 85 *83 153/a 153/a 46 Va ♦94 80% 85 82 82 2,000 100 22% Mar 22 29 25 52% 27,600 143/4 preferred 21 Feb 53 260 55% 143/8 5.05% Sep Feb 50 5/s 78% 54 7/8 14% 1053/4 Aug 19 May 11 7% Sep 50 95% *773/4 55% 14% 86% 22 81 477/8 *94 18% 543/8 147/8 86% 193/4 Dec 106 46% 487/8 78% 54% 145/a 21 com_Nopar 4.32% 7 45 5/a 94% 124% preference com—No par 3%% 16 46 3,4 773/4 53 % • 88 19 120 .773/8 *86% 13 70 13,000 147/b 78 88 20 63 80 81 79 Vs "55 3/a *86 % 74% Sep 63 ♦80 79'%' 147/8 100 493/4 Aug 50 ; 81 783/4 ♦80 533/8 preferred 23 % Apr Jan 1 30 31,000 28,700 78 4.30% 7 63% •62% 79 81- 7 5 15 ,63% ♦80 90 17 86 3/a Jan 81 • : 19 *84 20'% Jan 23 183/b 85% 41% Feb 24 193/a *84 65V4 Jan 83/4 Nov 18 7% 100 13 82 3% Nov 19% 100 76% Mar 13 104 18% preferred 23% Jan 20 36 - preferred 24 22»% May 14 117'% Feb 5 14 4.18% 22 , 347/a 4.08% Dec 40% Sep 102 " 33% Aug 30 Sep -102 102 34% 785/8 79 78 5/s *80 94- *62 3/a - ■62% 62% 79% •101 '♦93 94 V - 34 87% Aug 17 86 203/4 Sep 65 64 19 *93 t 102 *101 (34% 94 15 2 Co Co of Colorado Elec 6c Gas div 101 600 (H K)— fund Electric 73'/» Feb 101 .5. 56 15% 10 Inc *93 773/4 ♦81 No par 1 Co sink 260 85 5 Corp__ Co 5%% 120 83 3/4 83 82% 21 No par 2.50 21% Nov 96'A Jan 981/2 97 va •98% ■ 100 class A pfd Pittsburgh & West Virginia Pittsburgh Young 6c Ash pfd Co •22% 973/2 833/4 ' 97 83 40% 2 1st series prior Pittston *21 3/2 -21% • 48 3/a Pittsburgh Ft Wayne 6c Ohio Ry— 7% guaranteed preferred 100 Pittsburgh Metallurgical Inc .1.25 Pittsburgh Plate Glass Co 10 Pittsburgh Steel Co common 10 preferred -22% 97 94% 1 preferred $4.80 preferred (conv) Pittsburgh Forglngs Co •21% 21% 46 3/a No par Inc 6,900 147/a No par convertible 19,400 543/4 773/4 Pittsburgh Coke 6c Chem Co com_10 $5 501/2 523/4 *99 553/8 1 Corp Co common Pltney-Bowes 5%% 18 Heusen 10 50- 53% 93% -803/4 80 100 —8 $4 preferred Piper Aircraft Corp 5% Dec 31 Pills bury 15 Dec 56% Dec Phillips-Van 12 81 series preferred Petroleum Jan 125 34»/4 Mar 31 3.90% Phillips 78% 5 _100 common preferred 75% Jan 71 9 132 4% 15 62'/4 July 31 100% Jun Philip Morris Inc IOO1/2 50% 93 18% *62% - 9 99 1 95 19% 65,600 52 % *82 34% 32% 483/4 97% 347/e 2,900 32 3/4 99 82 < 3 3/4 53 97% 19- _50c _| preferred series A——100 (NY) 100% 32%~ *3>/8 483/4 82 . 313/4. 39 4 3% 52% 823/4 343/8 - • 102 823/4 3% 48% 48 5/8 52% 3% *99 100 4734 533/8 100 —100 —100 & *98 493/4 52 3/a 1 preferred preferred preferred— 4.30% 100 .<•'••: 48% No par Co Electric 4.40% *98 *"• 12.50 common Corp Phila Phila 84% Apr Apr 2nd 4% Phelps-Dodge 3.80% Jan 7 2 Sep 56% May 12 21 • • Mar 30 70% Mar 87% Dec 20 Brewing Co 5 (Chas) 6c Co Inc com__33%c 980 9 9 9'/. ♦85 86% .* 85'% X34% 12,600 9 85'% 20 - 8,900 35 " .... .... . . „ 34 Vb Nov 16 48 Va Apr 16 27% Jun 44% Dec 29 ,54% Jan 18 42 1243/2 Sep. 22 Inc No par B Oil 35 353/4 35 % 343/4 347/a 35% , 35% 35% 10,700 35'% 36'% 21,100 Q 24 Feb For 23 140 •'; Mar 27 % Oct footnotes, 5 27. see page 26 26. Mar 8 Aug 18 27% Nov 14 -.60 Vs B 6% preferred— 100 Quaker State Oil Refining Corp—10 132" ' 4 ,-- 60% •: 61'/4 -60% A32 132 27'; TV 27 27 . :134 :27 62 '133 " 62»/4 ~ 27 3/8 134 273/8 62% •132% 27% 63% 134 273/4 63 ♦132% '•■■■■'•27 vm 633/4 --r 4,900 10 v 800 134 27% 24 The Commercial and Financial Chronicle (396) . . . Monday, January 23, 1961 NEW YORK STOCK EXCHANGE STOCK. RECORD STOCKS Previous Range for LOW STOCK YORK Monday Tuesday Jan. 16 Par, EXCHANGE Lowest Highest Lowest NEW Range for Year 19(10 Highest Year 1959 Jan. 17 AND HIGH SALE Sales for PRICES Thursday Wednesday Jan. 18 , Friday the Week Jan. 19 Jan. !il) Shares __ ' R 73% Dec 43 Mi Feb , 9 Dec 28 S3 V's Jan 9 41% Dec gfitt Jan 6 73 f7 74% Mar 46% Oct 1 5 25 78% Apr 4 74 Apr 8 30% Feb 8 51% Sep 2 7 70 Dec 56 May 22 Apr 22 % Jun 6 29 15% Dec 2 27 21 30% Oct 25 53% Jan 20 18% Jan 5 20Vs Dec 5 33 Vb Feb 5 33% Jan 14 11% Dec 8 28 V» Jan 20 27% Jun 1 121/4 Dec 28 Jan 6 5 41% Sep 16 40 % Apr 28 22 30% July 10 43% Sep 9 73% Apr 16% Dec 29 25 Jan Nov 24 37 % Jan S5% Dec 28 11 Oct 9 13 Jan 85% Nov S3 28 20 13 % No par 14% 15% 141/4 Roller Reed Reeves 16 Reichhold Co— 1 Mar 14 57 preferred 3%% 15 % Aug 23 1 48 % Dec 6 78% Jan 4 Republic ,33% Sep 28 50 % Jan 22 46 % Jan 20 22 Jan 26 32 %, Apr 16 45% Sep 4 Dec 69 Dec 30 111 21 5% Mar 17 2% Dec 19 59% Dec 14 55 22 381/4 Oct 19 52 *56 Va 41% Oct 25 50 30% July 23 21 Oct 28 39% July 24 27 Dec 2 23 Va Jun 17 29 Vs Jan 2 481 Va Jan 29 741 Dec 28 92 Jan 30 81 Oct 5 16 Oct 30 7 Nov 17 34 22 Aug 3 Oct 6 50% Jan 26 91 88% 91% 45 46 45,300 46 % 47 3 ^ 30.000 *47% 48 y4 *47% 48'A *47% 48Va *47% 48 % 47% 48% '118 119 120 V2 120 Vb 93 94% 94 94% 94 94 'A 94 3b 95'A 83% 83% 83 Vb 83 Vb *83% 83 V8 831% 831/2 33% 83% 15 15% 15 15V4 15Vb 15% 15% 15% 15% 15% 15,200 1 Vb 1% lVa 1 % 1% 1V'4 1% 18,200 95 15,300 16 Jun 24 24% Jan 2 12% Dec 17 1 Jun 89% 89'A 90 30 3 4 *29% 30 4,400 39% 393/a 37% 38-4 39 39% 39 V4 393'i 4,800 Antelope Copper Mines— Controls com__l 3 Va 3 Vb 31/4 3% 3% 3'A 33a 6,200 37% 39'% 40% 14,100 22 convertible Ronson Haas 44% 10 24 Vo 24% 5 29 Va 29 Vb Corp— Corp 20 common Jan 22 Ruberoid Oct 19 6 26% Jun 23 15 33% Sep 19 24 201/2 Dec 24'A 24% 29 VB 647 .——_— 89 Va *87 Va 18% 19% 12'A 21% 37 % 41 *40 45 89% 40 45 *42 . 5,000 ■44% 43 % 44'A 44 'A 4 4'A 6,800 21 Va 24Va 2 4 Vb 24 % 23% 24 Vb 9,900 29 VB 654 *87% 1 __1 20 G ._1 Ruppert 1 44'% 29 Vb 670 44% 1 Royal McBee Corp 36 Va *38 Va 41 44 Vb 1 Corp (Geo D) Corp 17 37 VB 100 Royal Dutch Petroleum Co 14 % May 31 657 31/4 *39 44 Royal Crown Cola Co 42 41 36% *38 Corp Roper 3Vb 37 _25 Co Aircraft 3 16% Oct 7 preferred 3'A 37 Elec Corp—No par & preferred series A 24 9% May 141/4 May koo 9C 'A 13% Sep 31% Oct 2,000 24,200 29% 14 14% Mar 25 900 123 123 89 Rohr 47 % Mar 11 44,300 38 'A 16 2 87'A 1,200 40 20% Dec 2 86 Via 87% 122 25,500 87 34 5 21% Mar 1% 1% 86% 941% 58% 42 30% 16 22 Dec 1.25 118 93% 57% 42 a 39% Sep 10% July 1V4 118 700 16 16 16 371/4 11% Oct 25 12% Apr 5 22 1 124 lo 88V4 4% 4 16 30 85% Rohm & 8 31,800 29% 89 13 13'A 891/2 4 21% Jan 12% - 313/a Telephone 46% Jan 100,200 13% 16 57 88 Va Rochester 21% Jan 32% 30 Va Rockwell-Standard 1 32 Vb *56'A 46% Inc 26% Jan 25 33 i 13 Vb 5 Corp 38% Jan Oct 57 32 3 b 13 Va 91'A Jan 15 57 32 % 12% 30%, Oil Gas 31% Dec 57'% 31% 12% 89 Va 5V2 % Mar 23 *56V2 31 Va 12% 45 Vb 100 Rochester 780 57% 31% 12% 30% 141/8 May 12 May 27 2 40 28 *56% 32 12% 10 2.50 12% Apr 9% Apr 14% Mar 25 16 % Jan Dec 82 24% Mar 12 10Va Jan 600 3 2,300 46 '/a Company Roan Jan 33 »/4 Nov 57% 400 • 30 Robertshaw-Fulton \ Jun 18 62 23 24% No par Ritter Apr Dec 50% Dec 19 16 39Vb Jan 24 45 Riegel Paper Corp 4% Jan 24 —5s Richfield 52% July 31% Jan 37 Va Sep 4 28% Jan Dec 35 Va Feb 18 25 Jan 42 23% 87% series.: 3.60% Richardson-Merrell Dec 84 89% Nov 24 3A 91 Manufacturing Co Selection Trust Preferred 9 24'A 45 V4 Rhodesian 6 24 16 37 30 July 15 4 68% Mar 23% Oct 24V2 45 3A 761% Jan Oct 24V4 44 Vb 84% Mar 29 70 24% 200 2,500 45 Reynolds (R J) Tobacco com Rheem 52% 88 % 94 2% Jan 17 *52 45 'A 149 Co Reynolds Metals Co com 4%% preferred series A 4V2 % conv 2nd pfd 85 Aug 28% Jan *16% 52% 451/8 21 5 17 52'A 8 81/2 27 31 11 Va 17 52 Va 44% 55Va Jan 30 10% 1C% 11 V's 16% 51 44% 110% Oct Oct 12 16% 51% 84% 24 1 Ve Dec *11% 16% 45% July 24 12 12 16% 51 85% 48 Chemical & *11 VB 16% 45 VB 4 Drug 12 52'/a 44% 42% Jan 5 9,800 14,900 - 44% 48% May 15 17 400 83'A 28 2% Jan 8,700 2.50 No par _50 100 Dec 30 Vs Dec 16'A 58 3 67% Nov 8 16 4134 Rexall 21 16 16 4 22 14% 41% 2.1 Oct 143/b 57% 21 1% Sep 14Vb 16 56% Jun 17% Sep 4,100 14% 58 Vb 71% Jan 76 14% 42 80% Dec 5 14% 57% 26 Dec 15% 42 17 Jan 14% 41% 24 % 15% 57% 37 Va Sep Nov 13 Va 41 Va 46% Feb 65 12,700 13% 57 VB 37V2 Oct 163 73,200 10% 24% 16 63% July 27 3 40 Vb 10% *24% 42% 50% July 7 71% l3ec 23 15 39% 11% 24% 58 Vb 7 Mar 41 Vb 10%. 24% 16 16 47Va Jun 39 VB 10'% 24 :9% < 57% 28 116 40 % 23 Va 233/4 *41% Steel Corp Revere 23 391/4 9% "■/;■ 24% 1 50c 10 10 5 30% Jan Sep 39% 9% 16% Copper & Brass— Revlon Inc ————————1 42 38 Vb '23 51 5 100 series 9 12% Jan 39 *11 Vb 5 Eng Co— & 54 % July 7 37 '/a Stores 81% Sep 14% July 76,900 18 8 11 161,800 21% 5 12% Nov 18% 19'A 17% 66 Va Apr 7 18 Va 18% 21 Va 38% Jan 11% July 25 18% 19% 18% Republic Aviation Corp Republic Corp common— $1 convertible preferred 7 Va Nov 18 Vb 18'/2 prior preference 10 Corp____b--.-——10 div Conv 31% Aug 29 .11% July 11 18'A 18% 21 Va. Mfg Co common 25 17 18 '/a 18 Vb Reliance 7% Feb 17% 18% 21 1 19% Mar 14 16 17 Va 18Vb 27% Feb 52% Jun 1,600 15 Vs 18% 21 Vb 18 7 66 18% 1 5 "66 20Va Elec Jan 1,700 6,600 - 19'A Reliance 60 % Mar 116,600 71% 45 Va. 20% 4 28% 51% 44% 18'/a 19 % Mar 17 7 66 50% *71 . 20% 68% Jan 22 66 % 19 V2 7 Jan 45 21 Vb 24 17 Va Sep 71 44% 18% 6% Feb 55 51% 71 20 V2 15% Dec Apr 50% 71% & Co— 16 21 • . 51% 451/4 1 . Chemicals 17 Reliable £ 51 Va *71 50c Bros Inc (Robt) $1.25 9 Bit 12% Feb 36% July 23 66 13% 18 2 66 *13 JA 28% Jan 16% Jan 67 9% 28% Jun 43 Vs Dec 66 23% 20% Apr 2 44 Vb 9% 2 Dec 44% 23% 1 73 71 Vb 44 Vb 15'A _____ 24 8 51% 71VB ; 17% . 17'% Oct 42% Jan 50% 72 15% Nov 15% Sep 44% 69 15% Nov 27 Jan 71 Va 5 Reis 1 50% 71V4 —No par preferred Inc — 4 81/4 Dec 26 9 49 V2 44 of America com__No par 1st Raybestos-Manhattan No par Raymond International Inc.—3.33 Va Rayonier Inc 1 Raytheon Co : 5 Reading Co common 50 4 % non-cum 1st preferred 50 4% non-cum 2nd preferred 50 15 Jan $3.50 Ranco 19 15% Sep Feb" 19% Radio Corp 18 67'A Jan 17 29% 29% 30Tb 30'A 30% 7,500 648 650 645 654 653 649 780 89% 88% 88% *87 'A 18 Vb 19 18 Vb 19% 191/4 19% 19% 19% 8,300 12 Va 12% 12% 12'A 12'A 12 % 12% 12% 24 y4 5,500 22% 12% 22% 22% 22 VB 21% 22% 203 b 21 J; *87% 89 250 89 5,200 19'A 19% 19'/b 19 v4 19% 19% 19 19% 19% 19Tb 36 Va 37 V8 1,600 36% 36% 36% •3v5/a 3 6'A 36 % 3 6'A 36% 14 98,600 141/4 13 % 14% •13% 14% 14% 14% 14'A 14% 15,600 *12Va 1 Co (Jacob).. Ryan Aeronautical Co Ryder System Inc__ 12% 12% 12 Vb 12% 12% 12% 123/4 12% 1,200 40 40% 40 40 'A 40 41 40% 41 '/a 40% 5 Inc 12% 1 Rubbermaid 40% 6,400 13'/a 14 14 14 141/4 141/4 14% 14% 13 13'A 2.7CO 20 2J% 20 203u 19% 20 19% 18% 19% 18% 19 '/a 46,600 39 23,700 No par 2.50 20 20 Va ~ 18 Va 20'A ,.20 . 18 Vs 18% 18% xl8% 4,900 '■ b: 34% Nov Dec 80 42% Jan 15 90 % Aug 17 258 14 38 Apr 1 30% Jan 2 18% Nov 17 89 Sep 21 831% Dec 42% Jan 15 24 Apr 32% Oct 80 15 56% Dec 14 97 29% May 14 31 8% Dec 24 12 % Oct 259 15 32 1 Feb 2Q 3 ; 19 37% Sep 14% Sep 30 69% Mar 8 30 22% Jan 18 79 % Feb 30% Oct 55 % Jan 4 88 26 5 Jan 7 24% Jan 4 12 Mar 14 7 93 7 10% May 16 *86% preferred- 100 220 Joseph Lead Co Joseph Light & Power 10 28 Va 28% No par 34 Vb 341/4 L San Fran St St St No par common preferred conv St Regis Paper 1st pfd Diego 12 21 % Apr 14 Sangamo Electric 19% Oct 45'/a Aug 12 16 31 37% Jan 8 Schenley Industries Feb 10 8% May 0 11 7 42% Oct 25 81 % Jun 17 Dec 7 36 18 50% Feb 11 82 Dec 39% Feb 10 52 Feb 9 f Oct 7% Nov 1 16% Feb 15 72% Jan 8 5 71% Feb 17 93% Jun 8 73 % Nov 18 81 Jan 9 72 80 Dec 23 96 Apr 13 22 Sep 21 30% Mar 18 67 12 87% Mar 78 - 81 16 Mar 17 May 27 common preferred Scott Inc Paper Co $3.40 Aug 15 $4 71% Jun 15 8% Jan 14 Screw 38% Jun 13 20 % Nov IS 29% Apr 20 Vs Apr 28 Sep 29 5 24V2 Aug 22 34% 18 % 72 38 39 39 Sc'ovill Mfg 3.65% Co 33% 32% 33% 17,400 8% 8% 8% 8% 182,700 15 3 b 37% 9 Vb 56% 39 57 Bolt Corp Seaboard Finance 89% 90% 90 73% 75 75% 90 90 17% 18'A *70 of Amer Co 18 *70 72 *70 74 *70 23 Vb 6% 6,500 36% 24 23% 23 Vb 36% 1 23% 24 11,200 24 24 18 23% 18 VB 23 Va 17% 17 3A 8,700 33 'A 33 Vb 34 34 55 55% 54 Vs 55 Via 13% 18'A 19% 1 41 Jan 4 5 33% 34 17 59 Jun 23 Sears Co _3 54% 551/4 6 27% Jun 26 IOV4 Nov 28 19% Jan 25 Seiberling Rubber Co 1 12 Va 13 13% 13% *13% Servel 1 12 Vb 13 V8 12% 12% 12 % 12'% 99% 9% Jan 20 17% Dec 16 11, Oct 81% Nov 6 91% Dec 17 90 Jan Sep 21 25 4 16 Jan 4 100 Oct 7 $5.25 18 Vs Jan 35% Oct 6 46 % Jan 26 29% May 25 431/2 Dec 22 Shamrock 32% May 7 49 Jan 26 19 Vs Dec 5 43% Jan 11 Sharon 12 7% Sep 29 14Va Mar 31 12% Sep 21 19% Jun 17 12% Jun 27 29% Dec 38% Dec 11 42 % Dec 30 301/4 Apr 28 43 4 Jan ,_No par 9 Industries Inc Oil & Steel (Frank Shell 99% 99 'A 9'A 91/4 *8% *99 99% 17% 18% 33% 34% 34 34% 2,100 55% 55% 55% 28.800 14 'A *13% 12% 12% 99% '55 , 1 9 Va" 13% 12% *99 18 99% *8% 9 23 22 % Dec 17% Nov 16 16% Jun 9 22% Aug 12 24 % Oct 28 33% Sep 22 45 Vs Mar 25 38 Jan 14 68 Jan 7 18% Jan 6 59 Dec 30 17% Sep 15 —15% Dec 29 15% Sep 12 23% Oct 231/2 Sep 23 24 23% Jan 21% Jan 13 20% Jan 4 43 1 Jun Sheller Mfg 8% Corp Corp Siegler 451,8 8% 451/2 45 400 45% 44% 45 % 45% 24% 23Vb 24 24 V8 451% 24% 4,300 24% 24 Vb 24 25 24% 23% 24%. 24% 23% 23% 8,600 23% 24 24 41% 40 Va 41% 24% 40 Vb 40 Va 41 Vb 7,100 41% 41% 41% 42% 21,400 19 Via 19Vb 191/4 19% 19Vb 19 Vs 17 ' 48% Nov 24 So% Nov~ 17 44% Jan 22 12% Sep 9 22% Feb 16 45 Jun 4 38% Nov 24 ~5% Dec-16 30% Jun 9 44% Dec 15 32 % Nov 12 Dec 4 31% May 22 67% Apr 1 33 2 55% Jan Sep Jan 4 Skelly 11 Smith (AO) 25 18% Feb 26 Smith-Corona 25 24 28% Mar 23 Smith-Douglass 38 V2 Oct 11 64% Jun 15 Smith 2 42% Jan 5 4% Jun 10 7% Dec 30 Jan 12 46% Dec 30 45% Jan 28 51'A Oct " 27% Aug 21 29% Dec 15 32% Jan 35 % Mar 2 22% Jun 21 3 64% Jun 19 63% Mar 25 Feb 24 30% Nov 13 4IV2 Sep 3 37% Mar 16 84 34% Nov 23 46% Jan 22 21% Nov 16 24% Oct 16 48% Nov 17 60% Jan 15 16 Vs Dec 30 19% Jan 19 65 15 75 13 Dec 19% Apr 2 6% Sep 10 81% 6-ec-"S 16 Nov 30 11% Oct S3 Dec 22 22 M% Sep 24 76 Oct 2 26K }v> For 19 May 10 21 Jan 11 25 Dec 15 30% Feb 7 15% Dec 30 56 V0 Feb 17 39% Jan 12 70 Dec 29 28% Dec 91/2 Mar 31 47% 79 79 -38% 39% 38% 39 38% 38% 381/2 38 % '40% 40% 41Va 38 % 3,400 _5 '40'A 38% 41 % 42% 66% 66 42 Vb 67 43% J.—20 66 Va 67% 51,000 67% 47 Va 68% 25 12,000 48 33% Puerto 68% 70 48% 49% 49'A 32% 33 49% 33 33% 33 33'A 2,900 25,000 % 13V4 13% 13% 141/4 14 26 26 Va 14% 26% 14V8 26'A 141/4 26 Va 26 26% 26% 48 % 49% 49V2 50 15,100 41% 42 3 a 41 Vs 42 % 43,100 47 V4' 48 - 47V4 48 47% 48 Vs 42 15 42% 41% 42% 41% 42 V8 1IV4 10% 11 *10% No par I 11 11% 11% %. 12% 11% 8 : 8% 8 'A 8% 8% 8% 47 48 % 48V4 48% 8'A 8% 26,400 47% 47% 50 *48% *48% 50 % *48% 50% 48 Va : 50% 48% 2,8CO *48% 50% *48% *29 30 *29 30 7 2.50 29 29»/2 5 16 16 15% 16 15% 16 15% 28Va 27 V4 27% 27% 27 Via 27% *27 'A ' 30 30% 30 15% 15% 16 2 7 Vis *27% 28% 300 16% 16% 17 Vb 16% 16% 16% 17% 17% 68 Va 69% 69 Vs 69% 17% 9,900 .25 69% 69 Via 70% 69 48'A 69% 12,500 47% 48% 48% 48% 11.3C0 ,-5 48% 50 48'A 49% Indiana Gas & Elec.No par 38% 38% 38% 39 39% 39 39 % 7.50 40% 41'A 41 41% 41% 42'A 42 42 Southern Pacific No par 21 Va 22'/a 21% 21 21% 22% 22 22 Va. 40 28 54 y2 Jan Sep . 5 16% Nov 23 1 69 '/a Aug 13 17 5% 23 29% Jun Southern 18% Aug 23 6 41/2 Jun Sep 26 29% Jan 26 30 6% May 4 — Railway non-cum Mobile & Co (Del) Southwestern Public tr 20 Service 11 Sparton 35% Jun 30 Spencer Chemical 17 4.20% 90 Oct Co common preferred 9 Spencer. Kellogg & Sons 4 Sperry 83 47% Dec 29% Mar 8 77% Feb May 23 92 % Sep 8 2 82% Sep 19 25% July 35 37% Jan 4 $4.50 0 46% Dec Rand Corp preferred Spiegel Inc - $4.50 preferred 26% 22 22'A 21% 28 Vb 27% 7% 8 Va 8% i_6 31% 32 *88 — _ :__50c 25 - - . *88 15 15% *82 Va __s 30 Vb ■ ' 27 % 18 Vs 26% 50% 18 Vb 71 27% 49% 18 *68 27 V4 50% 18% 22 Va 49,500 51 22,200 18 is *68 71 2,000 71 Vs; 27% 27V8 2,900 27% 11,400 21% 21% 21'A 21% 21% 2." % 21% 27% 28% 27% 27% 8,900 8% 9% 87/b 91/8 94,000 31% 32% 3lVe 32I/2 5,200 8% 31% 31% 89% 15% *88 15% ''23% 9%' 32Vb 89% *88 89 Via 15% 15% 24%" 24% •*. 24 % 92 92 91% 45% 45% 46% 46 'A 91% 47% 83 84 84 84 84 29% 30% 29% 31 29% *88 15% 83 ' 15,200 22 Vb 27% 'A 92 84 42% 49% , 40% |' 9 *91 45 39 Va 42% , 28% 241/a' 30% 50'A *67 *23% '46'A 45 y4 No par 18'A 71 i 92 . No par % 50% .22 47% *39 •24'-'"'- 23 'A *91 31 Vs 89% 15 1 common common Square D Co 27 27% 100 16% Aug 31 18% *67 1 Corp 23 49% 181/4 71 26 Va 1 _1 Industries 5 9% Jan *67 2.50 Spalding (A G) & Bros Inc Spartans Dec 2 26% Jan 26. Co 18 100 ctfs 51 Va 50 No par common preferred Ohio, stock 4,300 16% Natural 28 1,100 69 Co—10c Edison Gas 50 30 Southern 18% Sep 4,500 8% 46 Va 25 Co 12 8 Va Southeastern Public Service Co 8,300 46 »A preferred-— Southern 9,2C0 13% 26V2 < 1 18% Oct gee page 48 .33 % com__4.50 13 % May 12 7 48% 33'A Southern 84% May 16 30 48 34V8 Co 21'A Mar 16 37% Dec 48% r " 28% May 21 97 % Feb 13 84% May 66% 38'A Aug 31 10 16 40 Va 'A 4 50 '/a July 18 900 40'A 13%- No par Rico Sugar com California 79 26 _5 __5 Jersey Gas Co South *77 16 26 % Nov 89 % Apr Inc ; South „ ' Platinum E & G preferred o.., 29 33% Jun 40% Aug 24 23% Jan 5 3,100 28 V4 47 80 :A - 31% Jan 21 % Sep 5 Amer Gold & Southern 2,300 28% 47% 80 Kline & French Labs Carolina 8% 29V2 47% 28'A 47 79 % Inc South 3 23 % May 18 Jan footnotes, 28% Dec 14 Co South 5% 28% 47% 28% 47% 79 'A Socony Mobil Oil Co Inc Soo Line Railroad Co__. 18 34 12% Nov 18 Marchant 20.% Oct 20 39,100 47 Vs Corp— 34% Jun 26 5,600 29% *28 V2 Manufacturing Co_ Oil Co_ 53% Jan 22 28% 10 55 68% Dec 29 % ' v 2 31 28% 14,400 29 1 Co 11% Oct 8% May 18 52% Feb Pattern Sinclair Oil Corp Singer 29% 29% 17,900 18'A -—1 Steel— 6 37 29% July 7 61% Jun 30 Apr <fc Jun 53 % Oct 38 4 27% 19%: 16% . 78% Co__ 29 % Dec 74% Apr 14 64 July 23 22% Jan 5 52 % Jan 29 18 47% Simonds Simplicity 16% 18 29 Simmons 4 23 17 17% 78'/a 0 94% Jan Nov 16% 18% 47 'A Signode Steel Strapping Co— Jan 20 47 17 'A 17% 29 7 « No par 1 54 Sep 26% Mar 24 19% 17 18 Vs 29 17 'A ; _No par 29 31 31% Sep Oct Saw 19% 171/4 17%;. 29'A 16% 17% 1 . 18 'A 1 50c of America 69 July-27 270 46 ordinary 40 104% 13,800 23% Corp Sheraton 700 12% 99% 19'A G) shares 14 45 Va 1 York New 4 8,500 1 Shell Transp & Tr— 18% Jun 18% No par . _i Co Oil ' 6b No par Gas Corp Shattuck ! 9 *99 2.50 preferred Shahmoon 8 13 common 72 6 Va 36 441/2 Feb Inc *70 8,200 5% 30 Vs Nov 17% Jan 120 170 18% 35 3 a 12 5 75% 91 18 Va 72 ltf,700 16,000 . 5% 23 ; 90 18% 91% 36VB 45% Mar 13 & *74 91 18% 72 50% Nov Corp 74 *90 300 9% 90% 5% 26% July 16 Roebuck 9 91% 35 Vb 5 Sealrlght-Oswego Falls Corp 9% 90% 5% 2 Seagrave 14,600 39 35% 1 22 5,900 57V4 56% *38 5% Oct .18% Sep 3,100 68,000 9% 35 '/a 13: ,% Jan May 17 15% 25% 9% 5% 39% Jan 37 15% 25% 351/2 35 1 ; 90 17% 72 5% 1 20 *88 % ;90 10 9% 39 9 91 73 Va 95 15% 57% *38 91/4 *93 25% x25 9% 91 •18% 23,500 93 56% 9 35% 35% 4,800 93 9 15% 9i/4 35Tb 13,900 33 % 74 % 18 preferred & -90 90 common 9 9Va 70O 18% 72% 18% *71 95 'A 25% 9 VB 34% 3,200 331/2 15% v 35 170 27% 34% 19 70% 35 VB 88 Va 265 27% 34 % 19 73 25 Vb 56% 74 'A Seaboard Air Line RR Co 4% Dec 15% 25 56 100 20 29 % 66% Jan 15% X23% 58% 25 15 10% Mar 11 8% 9% No par preferred— 19 Jan 40% May 25 8 Vb X9 No par 92 % A tig 4 33 Vb 9% 9% No par common preferred 30 13 34% *93 33 3A 38 1 „ 4 31 341% 18 Vb 95 55 30 27% *72 35V4 *87 *220 34 % i8%; 38% 88 Via 265 27% 8V4 15 38% 88 28% 33 'A 24% 9'A 38 "225 ' Schick 31 Dec *93 33 Vb 87% 265 28 73 34% 95 24 1 , 35% 15 5 Oct 6% Nov 8 »/4 35c convertible 5% 8 com—1.40 Jan 31% Nov '3 77 Co 34% 34% Inc Schering Corp * 33 86% *220 *34Vb 17'A *93 37% 86 3A 28% *72 «35 38% 265 28'A 18 preference Convertible •' 17% Nov 52% Feb 9 Corp "••• > 72 1 San 13 Vs Dec 34% Nov 17% 220 5 Diego Gas & Electric Co Imperial 265 72 sx'j'; 86 V4 10 series A San •' 'V 37% , 87 _100 Co common 4.40% 38% 100 Ry Co com 5% Preferred series A July 13 31% Sep 100 Stores ,4.30% 19 7 37 Vb 4% 8 faemiiVh tit 1.66% Safeway 9 Apr •iiqitL ;-v s >■ 7 88% Aug 4 24'A Sep 29% Apr Mar 13 89% Dec 24% Dec May 27 40% Apr Nov 238 36% July 24 38 Apr 1 27 July 8 79% Apr 24 30% 89% 151/4 V 2,200 1-5% 23% 24'3/a '•* ' *90% 2,500 226,100 93 47 84% 30% 30% 30 48% 84% 38,400 1 . 50 11.30Q Volume Number 6023 193 . . The Commercial and Financial Chronicle . (397) 25 NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS Range for Previous NEW Range for Year 1960 Year 1959 Lowest Lowest Highest 34 Va Nov 17 37 Dec 18 35 Va Feb 25 57% Dec 71 Yt Dec 23 82 V4 Feb 24 70% Jan 12 Standard 79% Aug 22 10% May 11 4 % Mar 62% Jan 23 40 Jun 17 35 59% Jan 26 38 Dec 64"% Jan 23 44 % May 31 23 50 Nov 16 85 Jun 30 27% Jan '7 * Jan 8 31% Jan 6 Jan 18 4 Standard Oil 30 Standard Oil 62 % Dec 6 26% Oct 25 5 19% Oct 17% July 27 11 Nov 31 23% Jun 16 71 Apr 2i 2 78 Dec 14 77 Jan 3%% Standard 13 4 21% Mar 25 Jan 82 4 29 Dec 18 23 71% Dec 30 33% Jan 4 1 33 % Jun 6 27% Mar 13 20% Sep 2 22 Aug 25 14 Jun Dec 29 19 May 167/sJan 11 65 29% Oct 28 18 Sterling P) (J Stewart-Warner Stix 20 18% Feb 19 Baer Stone Storer 24% Jan Studebaker-Packard 22 529 22 15 Jan 4 convertible $5 67 Dec 23 38% May 29 15% Mar 20 79% Dec 21 94 29 65% Feb 9 8 7 197/a Dec 14 Suburban Propane 64% Jan 4 Sunbeam 26 Va Jan 4 7 Sun 6 55 % Jan 21 237/s Sep 26 34% Dec 30 80 Mar 13 1 4 Feb 22% Nov 25 29 Jan 27 42% May 17 20% May 27 20 % Sep 21 24% Apr 29. 21% Jan 30 % Dec 16 38% Jan 15 29 % Jun 1 Dec 7 106% Feb 20 85 9 5%' Dec 4 52% Dec 88 1275 25 Nov . 35 3 Jan 5 5'/a Jun 8 7/8 Mar 20 2165 25 Apr • Jan 23 29% Jan 855 23 Sep 26% Feb 14% Mar 29 A Sunshine Sunshine 19 1348 Jan 4 29 i 50 Jun 29 Sweets 51% Feb 25 Swift Superior Co 9 Jun 22 Symington Wayne 86 *84 23% 2472 71 5,400 86 23% 100 233/4 75 37,000 28 74 283/4 3,300 287a 28% 29 29% 28% 29 2,600 28 28 7a 28% 12% 287a 12% 12 Va 12% 16,000 12% 12% 12 74 18% 125/s 18% *17% 18'% 4,400 *17% 187a 187a 57Va 300 58% 57% 57% 187a 5774 57% 57% 5874 8,400 *77 79% *77 300 . 797a *77 *14 7i 1472 *14 74 147a 72 7a 7574 7474 26 7a 267a 26 7» 757a 263/8 257a 14% 14% 14% 73 26% 72% 26% 25% , 72% 26 25% 22% *72 : 797a 300 19,400, 14,800 2574 253/4 253/s 21% 257a 22% 213/4 22 7a 22 7a 22 74 17% 17% 17% 17"% 18% 1,300 18 74 187a 187a 18 18 18 3/8 17% 9,400 173/4 173/4 *17 7a 57% 56% 57 57% 577a 56 577a 287a 29% 29 29 7a 44% 43% 20% 53 22% 13% *82 49% 24% 23 33% 20% 53 23% 14 84 50 24% 23 33% 20% 52% 22% 14 *82 50 104 v 55 45% 7% 77a 268 252 500 557a 56 2,900 2874 8 18 29 4,300 217,700 77a 255 77a 255 260 290 43% 4474 43% 44 437a 433/4 20% 53 22% 14% 84 / 50% 24% 20% 20% 20 7a 217a 217a 22 52% 53 22,600 527a 53 527a 53 22% 23% 4,500 23 2374 14 237a 14 ' 233/4 137a 4,700 1474 14 14 74 84 4,700 *82 74 *82 50 53 45% 84 *82 74 507a 50% 503/4 24 74 24% 25 25 74 23 74 223/4 23 33% 33% 103% 104% 8 7s 8 % 1250 1272 333/4 104 253/e 25,700 23 337a 104 7a 500 874 337a 800 1047a 104 8% 1257 5,500 257a 333/4 503/4 23 87a « 3,100 84 50s/a *22% 8% 8% 1235 1260 58 46 8% 258 7,600 44 24% *22% 23% 34 34 103% 104% 105 8% 8% 1245 1265 *22 28% 287a 7Va 7% 237 238 44% 4.16% 2,500 87a 16,800 1274 1260 53 517a 517a 517a 527a 46% 467a 46 7a 477a 4674 47 13% 18,100 13 7a 137a 1374 13% 10,300 67% 67 67% 66% 67 53 55 43% ' 1 13% 13% 12% 13% 13 9 67 74 68 6774 67 74 66% 1 1 —1.25 5 7a 147a 50 5 74 15% 52 74 14% 15 52 Va 54 25 Corp < ■ 18% 18 25 15 - 22 28% 28% 7 7a 7% 245 260 10c 25 America- of . 56% ' 12.50 Co 6c . 29 25% No par Mining Co Oil of California *84 23% 29 25% 1 Inc__; 86 17% *17% prefered—No par Biscuits 47,650 213,800 56 28 74 22 Sunray-Mid-Cont Oil Co common_l 4%% preferred series A 25 5%% 2nd pfd series of '55 30 101% Aug 22 7% Oct 20 1 series Oil Co 39% July 26 11% Jan 14 477/8 Aug 21 10% Nov 20 May 7 24% Jan 20 $4.50 Sun 42 ya 553/4 29 % 25"% 5 common 42 7a 56 29% 71% 1 Corp 42% 56 29% 1 Corp Chemical 42 7e 29 ' 1 Corp 43,6v>0 493A 28 74 26 1 Sundstrand Corp 18% Sep 85 % Oct 12% Jun Gas 89,700 483/4 4974 71 73% 100 ; 28% 48 497a 76 25% 25% 20 Corp 2774 48 3/4 48 29 72% 1 Gas 48% July 21 16% Sep 23 14 28 11% Sep Suburban 17% Dec Apr 24% Dec 29 277a 47% . 29 79% 1 preferred 46 % Dec 200 *71 *77 *14% -5 Co 4% 55% 23%, 79 14% 1 Broadcasting 43/4 29% 14% 2-50 . Webster— & 25% Mar 28 50 79% 11,600 29% 5 Co 58% Mar 28 Dec *77 Stokley-Van Camp Inc common 5% prior preference 307/b Aug 15 6% Dec 29% 29% 12% 18 *71 15 Corp Fuller & 72 29% 30% 29% 12% 24% 12 74 42% *84 86 23% 1 , 47% Oct 24 206 71% 29% 58 Inc & Co 4 Dec *84 _5 common Inc Drug •Stevens 85 24%lt(, 18 58% Inc Stores 26% Mar 24 28 Oct 618 9 4 , 100 Co preferredBros 7 25% Jan 17 Chemical 3%% Sterchi 5 25 15% Jan 9 Stauffer May 23 31% Dec 85 24% ~ — 29 65% Jan 27 20% Jan Sep 22 55% 4 6 9% Jun 41% 55% 8 22% Oct 325 42% 55% Mar 44 % Mar 24 Apr 2 33% Mar 25 417/8 56.% 23 5 48% 9,700 113/4 47a 26% 48% 47% 557a *4% . 26 Va 47% 48 557/8 22 21 25% 49 47% 42% 23 Sep 26% 48% 7 18 % Jun ' 25% 49 % 10 59% Jun 52 26% common Jan ' 47% Jersey— 34y8 Dec 24% Jan 12 New 6 6 117a 4% Ohio 9 17 12 *4% of 20 9 Apr 11% 5 of Feb 33 12 *4% 5 Oil 26% Feb 5 150 n% 737a Oil 16% Jan 43 75 557a 737a 563/4 *737a Standard 12% July 137a Jan 547a 74 Standard 8 '37% July 42% Jan > 4 25 45% Nov 54 *73% 4 40% Jan May 11 9 53% 73% 25% —100 Shares 53'/a 48 Va Packaging Corp com—,_1 $1.60 convertible preferred—20 $1.20 convertible preferred _20 6% convertible preferred— 20 Stanley Warner Corp _5 Stanray Corp— 1 Starrett Co. (The) L S No par the Week Jan. KJ 73% 4 preferred series A Friday Jan. 19 25 Indiana of Sales for . Thursday 53% Jan 102 24 12 19% Dec 8 of Industries PRICES Jan.18 54% 50% Jan 89 22 & SALE HIGH Wednesday 78 48% 43% 36% Jan 12% Jan 52% Sep 76% Nov Kollsman 25 43% Dec 2 California——6.25 Standard 25 July 6 41% July 27 1 20 20% Oct 117 117/S com 56 1 26 % Dec 84 11% *4% Gas 83% Nov Apr 1 Co—_10c Standard 7 92 Corp Electric 2 i39% July 27 ' 53 Va *73% 47 % Dec May 16 Tuesday Jan. 17 No par 30% Jun 1 52% Apr LOW AND ... Monday Jan. 16 No par Financial 51% Jan 23% May 11 3R*/4 Nov 20 45% Oct Inc Brands • ■ . Par ' preferred- Sep 5 12% May 11 July 29 $3.50 Standard 13% Sep 13 1 3y8 May 29 13% Sep 21 45% Nov 25 5 14 • _ STOCK YORK EXCHANGE Highest 1270 830 1,600 T Feb 6 48 Dec 31 443/4 Feb 17 70 74 Dec 23 Talcott 5 7a Dec 14 8 Feb 3 33/a Oct 24 672 an 14 87a Nov 25 35 74 Sep 22 447a Nov 34 11 1 Feb 2472 Aug 31 50% Dec Tennessee 2074 Sep 717a Oct~21 277a Jun 27 17 Apr Nov 11 1 16 877a Aug 14 217a Sep 27 1937a Nov 20 25 393/4 Jan 14874 Oct 25 25 Jan 4 27 87 Corp Tennessee Gas Transmission Co Texaco Transmission 14 Texas Gulf Producing Co_ 16 Texas Gulf 25674 May 25 Texas Instruments Jan 19% Dec 11 Pacific Coal 6c Pacific Land 5Va 574 6,500 143/a 143/a 14% 52 53 52% 53% 523/4 533/4 24% 25 7c 24% 25 7a 24% 247a 25 ■373/a 87% 87 74 88 7a 88 88% 877a 88 74 36% '37 74 37 373% 33;400 37 377t 37%.. 37 7a 37% 3374 207a 3472 20% 32% 33 74 32 74 33 Va 32 74 32% 32% 33 20% 20% 26,000 20 »/4 21% 21 2174 217s 217a 172 72 17574 181 % 89,500 16772 176% 18074 2874 1 Oil 57a 14 74 25 7a 883/4 28% 28 3/8 23% 293/i 29,500 26,400 337a Inc Texas 15,000 43/4 14% 87% " No par Texas 297a Jan 2072 May 17 5 4% 143/a 36 74 24% - Corp—5 Sulphur 5 74 4% 13,200 18,300 48,400 -25 Gas 37 5 Inc Texas 26 23 16 383/a Dec 28 1572 Sep 257a Mar 16 23 7b Nov 2 29% Mar 15 3974 July 15 6174 Jan 243/4 Aur 29 6472 Jun 3 35 74 Apr (James) 4 67a May 133/a Mar 16 Inc Tandy Corp TelAdtograph Corp 10 17474 167 23% •287a * 181 178 30% 307a 5,600 307a ' 1474 Mar 10 102 7a Dec 63 Feb 30 18 193/4 Jan 8 23 Jan 2 30 Apr 24 76 Dec 193/4 Jan 65 Sep 27 707a Jan 31 12 243/4 Jan 4 223/4 Oct 26 267a Jan 4 21 Nov 11 3372 Jun 15 21 6 287a Oct 24 613/4 Jan 7 28 147a Oct 52 Sep 8 M'ay 7074 May 14 9% July 4678 Feb 24 Feb 24 88 Jan 23 207a Sep 18 29 72 Apr 14 165/a Jun 22 24 16 203/a Dec 19 20 72 Dec 21 Jan 27 4 Dec 22 . 4% $1.20 Oil $1.20 33 22 64 Trane Co Edison Torrington Tractor ,.5 Co Supply Co class A — 317a Oct 24 60 Jun 10 Jan 7 4272 July 15 2174 Dec 16 39 Jan 11 Transue 16% Jan 8 24% Jun 117a July 25 19 Jan 4 4274 Aug 3 507a Dec 24 56% Jan 14 Jan 12 29 347a Jan 7 21 Sep 21 5472 Jan 9 Nov 16 29 874 Nov 16 5474 Mar 11 5472 Oct 30 28 July 28 4072 May 27 3 52 Jun 30 Mar 5 7 Mar 13 36 133/a Mar Sep 24 48 22 177a Apr 30 177a Nov 18 2572 Apr I May 30 5974 May 27 8 4472 Dec 20 2 1174 Dec 8 Oct 44 $2.70 Airlines 2 5% Twin Co 207a Nov 30 TXL 18% Jan 22 Udyllte Corp (The) Underwood Corp Oil 197a Nov 6 30% Mar 13 97» Jun 41 Jan 1207a Feb 12 28 9 307a Jun 19 86% Oct 15 14% Aug 51 Apr 1507a July 27 353/4 Mar 16 80 25 1487a Jan 1067a Oct 25 6 Union Asbestos & Rubber Co Bag-Camp Paper Corp Union Carbide 39% Aug 19 6 96 Aug 15 Preferred $4.50 series Sep 16 7474 Dec 29 78 Apr 8 Preferred $3.70 series 25 6872 Jan 5 75 Aug 16 Preferred $3.50 series 3 777a Jan 7 85 Aug 19 Preferred $4 337a Mar 8 47 Nov 16 Union Sep 28 31 Jan 5 Union 67 Dec 24 773/4 Feb 77 Dec 24 87 Mar 53% July 10 383/8 Feb 19 297a Nov 17 73/4 Nov 13 9 74 Feb 26 2974 Nov 27 373/4 Jan 6 257a Oct 21 32% Jan 6 19% Oct 1 253/b Feb 4 197a Oct 26 243/4 Jan 13 30% Jan 6 45 37% Jan 4 Oct 28 66 467a Aug 22 United 101 Oct 14 136 Oil United 36 2574 Apr 5 32% Apr 20 807a Nov 30 24% Feb July 15 Mar 26 25 7% Jan 3 88 1093/4 Mar 26 81 Apr 8 5/a Aug 4 2 4% 97 May 17 Tank Airlines United Artists 3274 Mar 26 23% Mar 8 35% Dec 15 12 307a Jan 22 24 Mar 9 39% Dec 20 United 10 17 Nov 2 27 Apr 18 United Board 64 Oct 22 3874 Apr 8874 Apr 17 54% July 25 76 Jan 25 387a Dec 11 2874 Nov 29 Sep 23 23 12 United Corp 17 227s Jan 6 Aug 1 46 Jan 2 23% July 153/4 Dec 1 237a Nov 17 4574 Mar Mar 21 14% Dec 3174 Jan 5 6 317a Sep 29 487a Jan 13 42% Jan 597a Aug 27 46% Apr 19 34% Aug 30 53% Jan 25 16% Jan 20% July 20 21% July 24 16 29 20 a 16% Jan 7 iy8 Nov 19 22 27% May 20 Jan 25 1674 Apr 19 % Aug 4 18% Jun 28 Jun 1% Jan 11 45% Jan 2 6574 Dec 28 50 Apr 12 64% Jan 4 30% Dec 3 34% Mar 30% Jan 27 8 33% July 43% Jun 16 29% Sep 23 80% Sep 10 28 Nov 13 42% May For 6 2% Mar '0 4 51% Apr 14 85% Aug 18 35 75 Jan Dec footnotes, 26 21 see page 307s Mar 4 83% Jan 4 92% Oct 18 233/4 Sep 42 Oct 29 30% Jan 4 26. 25 .. 74% Jan 4 United (Del) conv *82% 83% *82 34 83 837a 823/4 83% 23% 24% 23% 24 23% 24 23% 23% 22 22 74 22 22 7a 22'% 22 7a 227a 22 7a 50% 5174 51% 5174 515/a 16 72 16 7a 16 7» 17% 16 »/8 17 5,700 20 193/4 20 Va 207a 2074 19»/« 20 11,800 397a 39 7a 39 7a 40'4 40 403/B 40 4074 3874 38 7a 37% 6,300 5,700 37% 38 38 74 2,800 30 60 74 597a 60 60 6074 593/4 607a 273/s 27% 27% 28 27% 287a 28 283/4 3,200 44,600 50,100 37% 387a 34% 343/8 3574 34% 35% 333/8 34% *2474 25% 257a 25% *24 7a 25% "24% 25 5/a 200 16% 17 7a 16% 17 16% 16% 1574 167a 39 393/8 3874 39 38% 38% 383/a 393/8 37,100 18,000 33 535/a 3,100 30 7a 317a 2,900 283/4 30 50 12 k 12/3 12 Va 12% 12 74 1274 12 17% 177a 17% 17 74 17% 17% 41% 103/4 42 17% 6c 14 3/8 44 4572 53% 433/4 10% *39 7a 42 *52 53 7;500 • 53 53 53 41 417a 107a . *52 53 *52 41% 4174 43% 435/8 443/4 39,000 10 74 10/8 10% 10% 1074 103/s 1,000 42 36 40 12 74 12 12 173/4 17% 18 3/8 42 *39 7a *39 7a 200 280 3,900 45,900 122% 3574 1233/4 407a 4074 947» 95 347a 14 7a 147» 14 74 14% 14% 1472 45% 46 3/4 46 4772 43% 453/4 8% 8 3/a 872 34% 123 Va 43% 44 297a 29% 34% 12572 40 74 3472 123 2,900 4672 28,200 *8 874 343/4 34 1243/a 123 347a 1233/4 I,800 ! 11,200 30,800 15,100 4074 43% 4072 40 3/4 933/4 *93 94 933/4 94 75% *73 7a 75% 753/4 75% *71 72 72 *71 7372 *71 73 *71 73 *83 85 *83 7a 84V2 *83 72 8472 *8372 8472 43% 43 7a 44 43% 447a 7,600 30 29% 85 *84 34 74 124 72 1472 4574 93 *73 72 73 72 73 <34% 124 14% ;, 40 753/4 *7472 73/4 8 43 7a 43% 43 4072 *9374 7472 403/4 94 747a 450 40 40 3072 49,600 874 87a 874 8 7a 8 74 87a 30% 87a 3074 87a 87a 87» 11,400 31% 31% 20% 30% 3174 317a 31% 313/a 31% 30% 3174 2072 21 21 213/a 21% 21% 21% 215/a 22 377> 10 38 74 37 7a 37% 373/a 3872 3872 407a 40% 4172 59,700 417a 393/4 41% 4072 413/s 373/4 39% 44,600 41% 40 3/4 104 105 39% 29% 110 '103 2974 *103 1.10 *108 110 *103 110 6,100 900 200 * 92 72 02 7<i 92 74 92 7a 3272 33 32 % *90 92 72 33 7a 9272 327» 33 74 *91 500 3474 3772 33% 923/4 33% 923/4 33% 377a 26,500 3,900 373/4 36% 23 29 74 ; 37% 38 37% 38 37% 38 23 22% 223/4 2272 22 7a 227a 2272 *2272 23 50O 62 6274 633/4 63 7a 64 6,400 3074 3074 303/4 3072 303/4 2,000 7% 18,500 6272 64% 6172 63 61 31 31 3072 3072 2972 7 74 77a 7 74 7 7a 774 7 7a 7 74 77a 774 1 4774 4774 *46% 47% 46% 47% 46% 463/4 17% 17% 17% 3,900 20% 21% 138,300 347a 34% 27,900 1,700 1772 17% 18% 19 7a 19 2.1 213/8 22 3/a 35 34 34% 34 74 34% 34 7a 34% 54 13% 10 1 1 17 74 197» 5474 5474 5474 533/4 533/4 5374 533/4 16% 16% 17 2,200 18 173/4 18 14,700 17 17 7a 16% 16% 16 3/4 16% 17% 18 17% 17% 17% 17% 17% 17a 174 17a 17a 17a 55% 56% 31% *31% 31% 41% 10% 4172 9374 9374 *9374 25% 2674 253/4 26 26 517a 50 5174 5174 17a 54% *3174 preferred Foreign Securities———1 Freight Co._ No par >2 16 3/4 25 U S Borax 6c Chemical Corp com. 1 4%% preferred— 100 common— 600 1772 17% 34% 10 6c 463/4 1774 18 3/4 No par Co *46 17% Foundry—5 Co Mach 537a *7% 8 8 25 8 5074 16 Va 19% 5 Corp Mfgrs Inc United Park City Mines Co U 50% 16 7a 50 27/4 33 /a 25 17/a 36,000 4,200 22 74 *53 7a (Del)-—2.50 Cos United Greenfield $ *21% 29 74 10 Corp OS 26,600 53% pfd-100 — Improvement 6% *823/4 74 3174 No par United Gas United Shoe 7a 700 73% 7474 29 - Merch 72 74 31 1 United Gas United 71 Vj 53% Amer__No par of Coal Engineering United Fruit 70 13 53% 10 Co United Electric 7 31 Co United-Carr Fastener Feb 972 May 19 375/8 Mar 16 9 9 Co Nov 9 12 69 3/4 *127b 29% No par 5 Co 6c Carton Corp 7% Jan 38 14 7 7a Dec 29 7a Jan 16 1 39 3/8 13 31 10 Corp Biscuit *12% 53% 25 common Inc_ United Carbon 9 12% 30 7a (series of 1956) 27 12 7a 29 4% Nov 12% *12 2,700 31 Aircraft Corp common5 (series of 1955) conv pfd-100 22 5/s Jun 84,500 29% No par No par preferred Drill 25 5,600 431/4 • 30% 4% Aug 24 24% 423/8 29 74 10 series Car Union Twist 243/a 42% 29/2 53 No par No par California of 27 247a 427a 28% 53 4174 *1072 *39% 6% common Pacific RR Co Union 1033/4 Aug 25 May 10 Co non-cum 277a 247a 43% 39 A No par Corp; 4 4 27 74 24 'a 41% 31 /a 5 Union Union Electric 26% 21 53% 1 No par Jan 32 26 7a 42 7a ' 8774 Jan Aug 23 6% Nov 30 29 7a Oct 263/4 2474 40% 537a 1 Corp 4 987a Mar 74 40 5/a Dec 4 2 Aug 30 1274 Mar 1 4374 Jan 4 267a 24 24 147a 57 320 3974 1 preferred— prior conv Coach 17,4 00 31 1 50 12% Oct 26 243/4 Feb 29 163/4 Dec 23 common Tung-Sol Electric Co common 1 5% conv pfd series of 1957 50 20th Century-Fox Film Corp 1 Twin City Rap Transit com__No par 14 163/a 1 Corp U 10% Jan 5 preferred 21 1374 Jun 27 27 32% 25 167a 2 1 No par Inc Traux-Traer Coal Co 137a Nov 28 May 17 87a July 18 Corp—— Steel Williams & World Tri-Continental 18 3372 Nov 33 3 1074 Sep 36 4 27 257a Mar 14 10 753/4 Mar 4372 Apr 3972 Jan Oct 507a Jan July 31 Trans No par Co Transamerica Corp Transitron Electronic 37 60,800 60% Toledo 18 247a 60/a Tishman Realty 6c Construction—1 29 2474 37% 4 1972 Sep 6 413/a Aug 20 373/a Dec 29 4 243/4 1 6 227a Jan 17 29% Jan 243/a -2 683/4 Jan 28 21 21% No par 7 147a Sep 157a Feb Oct 247s 24% !6 19% 39% 447i Dec 23 24,700 243/4 22 22 74 50% 16 72 20 39 /2 37% 7 1 83% 22 *21% 5074 15 347a Sep 84 82% 23% 17 10 84 823/4 *8272 17 7a Apr 257a Jun 16 7a 85 82 7a 25 25 26 7a Aug 20 16 85 82 100 common- preferred preferred 693/4 Dec Dec 15% 83 817a _10 preferred— Tidewater 3 2 16% 80% 23% 5 Common 2 20 16 85 74 82 693/4 8372 Co 11 Dec 16 74 31 % 69 Glass Chemical 15% Dec 64 16 82 1172 No par _5 preferred Mfg Co conv y 50o common 193/8 Mar 19% Jun 16 74 1172 No par 457a Jan - 16 —100 Co Ry wi Timken Roller Bearing- Jun '. 87 817a 24% 26 7a 1 Thompson (J R)__. 7.50 Thompson-Ramo Wooldridge Inc— $1.25 Thiokol 233/a Mar 29 21 ; . 41% Inc Thatcher May 20 24% Jan : _1 Pacific Textron 22 84 2 Dec Jan 7072 Dec 16 79 6 13 8 / 87 81% 25 V*. 27 74 247a 43% 4 36 72 Mar Dec Nov Utilities Co 317a July 30 11 79 & Texas 72 367a Sep 21 Texas ' , certificates Sub 11 25 108 18% July 22 29% July 30 share 4 Jan 86 3/4 Aug 147a July 25 267a May 18 1247a Mar 18 Trust— . 41 507a 17a 56 - 9372 31% 41% 41 53% 17a 174 174 10,100 55% 563/4 56 *313/a *53 * 57 5772 58% 31% 31% *313/a 31% 30 41 413/4 41% 41% 10,400 "• 9,700 20 93 72 *9374 : *9374 9372 *9374 93% 263/4 263/s 267a 26% 27 Va 7,100 52 % 52% 533/4 52% 53% II.000 26 (398) The Commercial and Financial Chronicle . . . Monday, January*23, 1961 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1959 Lowest Range for Year 1960 Highest 86yaSep 22 120 Apr 145% Sep 22 7% Dec 28 165 Mar 30 28 Va Oct 9Y4 Sep 40 Va Oct 36% Mar 22 26 Ye Dec 8 V* Jan 2 148 25 116% Jun 161 Dec 19 3% Dec 20 15 J/4 Dec 2 8 13 31% Feb 13% Jan 15 34% Nov 29 40 Jan 25% Jun 30Y4 Sep 8% Sep 30 26 Ye Jan 5 18 29 Va Oct 30 39 Ye Oct 23 29 30 47 19 45 Va Nov Oct 29 25 25% Nov 40 V5a *75 Jan NOV 253/8 Dec 28 Jan 26% Jan 21 37% Feb 33'/a Oct 6 29% Sep 22 50% Mar 12 14 J/8 Feb 26 17% Jan 9 30 12 Ye Jan 139% Jan 22 34 Va Jan 19 9 Feb 5 3 8% lOVe 37 35% 28J/4 28 J/4 28 J/4 .—10 *7Ya 8'/4 U 24Ya Mar 29 common S 157 21 803/4 Jun 17 Universal 33V4 Dec 23 53 J/2 Dec 29 Universal Oil Universal Pictures 24 12 29 Ye Feb 28% Jan 5 17 Jan 8% 71 Nov 17 84 Jan 18 70% Feb 40 Feb 9 50 July 29 41% Feb 16 62% Jun 13 Upjohn 31 Jun 9 3d 7a Feb 30% Oct 25 38 21 Utah 40 18 Nov 27 47 Ya Aug 27 29Yb Nov 16 42 Jan 9% Jan 2 13 Ya July 28 22 Ye Jan 2 303/a Nov 21 5 ' — 263/4 Sep 26 53 — 23 Nov • 4 Ya Dec llYa Jan 29 191/2 Jan >2 82Y4 Nov 293/4 Dec 5 Van 12 14 2% Sep 78Y2 Oct 16 86 Va Mar 23 80 8IY2 Dec 15 9IY2 Mar 17 79 Sep 29 87'/a Mar 16 12% Nov 11 20% Mar Jan 29 85 82 Y4 Jan 18 23 9 7Ya Oct 3 15 Ya Dec 4 2lYa Mar 9 133/4 Jun 2 19 87 »/2 Jan 2 9 61/2 Feb 20 84Y2 Dec 8 943/4 Apr 2 103Y2 Feb 11 95 15 102Y2 Apr 14 Jun 29 27 Ya 28 Ya 28 29 47% 471/4 471/4 473/4 473/4 255/4 79'/a 80 J/a 79 Ya 144 J/2 25 Ya 26 35Ya 35J/4 35 Ya 33'% 33% 33 Ya 343/a 20'/4 20Y4 *193/4 20% 25 Ya 34 *193/4 20 3/4 1,800 29% 7,100 47% 81 65,000 2,400 251/4 25 Ya *35 36% 500 82 145 1441/4 26 34 J/a 39 29 473/4 813/a *35 - 35 383/4 — 145J/2 253/4 353/4 ' 14,600 36J/4 310 353/a 20 J/2 *20 33 Y4 *19 3/4 20% 200 34 18,600 12 - 123/a 11 Ya 121/4 11Y4 12 113/4 343/4 12'/a 113/4 11% 323/4 14,400 33% 33 33% 33 Ya 34 34 34% 9,700 31 155 31% 32 321/4 32 32% 32 J/a. 32J/4 32 32 *154 155 156Y2 *154 156J/2 156 % 156J/2 *155 158 120 58 Ya 56 '/a 58J/4 563/8 58 112,600 35 33 Ya 34'/2 34 35 157,900 501/2 51% 52'% 55% 531/4 563/a 55J/2 31% 33 Ye 32 Ya 341/4 341/a 51 5172 *49 81 "79J/2 81 51% 51 363/4 *79J/2 51% 51 Ya 37 37J/2 12.80 Co 80 1441/2 26 *35 J/a - 391/2 31% 1 com 39 80% 1441/4 35Ya ' 391/4 144J/4 143 25% 39J/4 51 4,900 *49 Y4 50 »/2 *50 52 *791% 81 *791/2 80 80 80 513/4 52 51 3/4 52Ya 5134 521/4 16,100 37 36 Y4 371/8 363/4 37 36Y8 36 3 4 3,000 Ya 600 40 353/4 353/4 35 Ya 3534 35% 351/2 35 Ya 36 191/2 201/4 20 Va 21 20Y4 21Ya 21% 21% 121/2 12% 12 Ya 131/8 123/4 13 12 34 13 31 31 30 Ya 31 3OY2 31% *303/4 convertible Raalte Co preferred 5 Inc lo Sugar 21 Ya 213/a 511/4 50% 441/a Co_6% Power Co 36 453/4 33/4 114 503/4 100 *1041% 100 48% 46% 51 Ya 106 8,900 541/4 36,400 46% 4 8'/a 21% 471/2 3% 31/4 36Y2 37 *36 112 115 1131/2 114 503/4 51 IO6Y4 106 3 3% 51Ya 51 Ya *1051/4 900 Ya 371/4 *113 106 4,600 521/4 3% 1131/2 501/a 106 *21 533/a 361% 37 113% 5IY2 2IY2 52 1,500 14,700 31 21% 541/4 33/4 36 116 *30Y4 21 Ya 47 473/4 31/2 38 ' 8 com 46 Ya 33/8 1 , 31 21 Ya 52Y2 52 Ya partic preferred_100 & convertible 3/a 11~100 A 3,000 112 50% 1061/2 38.200 338 36% 1,000 50% 106 18,200 106 170 *81 84 *81 84 *8iy2 84 *81 84 *81Y2 84 100 *87 891% *87 89Y2 *87 89% *88 89% *88 100 891,2 *85 *85 87 *85 87 *85 87 86 86 86 1 10Ya 10Ya IOY2 10 Ya 10Ya lOYa 10 Ya 16 IIY2. 113/a 113/4 15i/4 15'I/4 23,800 15 151/4 *143/4 151/4 *14% 151/2 14% 15% 1,100 common preferred preferred preferred Ya% 21 5OY2 com preferred 53/4% 20 Y2 1 1.25 dividend 5% 6 50 1511/4 353/4 preferred $4.20 preferred $4.12 preferred. Vulcan Materials Co 4 505/a 153 39J/4 1 $4.04 8 961/2 Jan Jan 49 1503/4 13 $5 Aug 10 9OY2 Aug 16 15 Ya Jan 4 49J/4 150% 19 Ya 6% 89 82 Y2 Jun 48J/2 150 3/4 18,400 19 3/a Virginia Elec 24 2,390 48 Ya 1503/4 471/2 _1 Inc Virginia Carolina Chemical Aug 31 18,800 81 Ys Co Co V^rtientes-Camaquey 28 106 y2 Aug 20 51% 152% 47% 150 781% 28% Associates 28 4 781% *76 38 Ya 30o Co 541/2 Dec 26 99 Ya Jan *76 7o '/2 353/4 Van II31/2 Dec Apr 34 Ya Jan 5 9 10,700 *76 12 Ya Vendo 11 77 / 25 5 $2.28 28 1,900 443a 77 1l~ 48 2.50 Steel Varian 6 3/a Jan 271/4 44 Corp of America 1 Norman Industries Inc com_2.50 28 39 Ya Dec 271/4 443/4* 100 Vanadium-Alloys 20 9 22 18 Ya Sep 271/4 43 Ya 29% 1 Light Co 20 12 21 Ya Mar 79 33 Ye Jun Jan 22 ' 27 1 67Y2 Jun 24 243/4 44% 143'% Corp 51 »/4 Dec 24 Oct 4 39 Ya Mar 36 Sep Sep 25 Va 21 Ye 39ya Vanadium 2 2 5 Jan 24Ya 200 24 Ya 80'/b preferred 15 3/4 25J/4 3,900** 27 28J/2 com_No par Products & 83s 38'/4 Co Power 44 38 Ya Oct : 4 J/4% 343/4 Jan 20 19% Dec 31 Aug 18 Jun 5 Jan 26Ya Feb 981/2 Dec 108 84 *7 Ya *47'% 100 Match 5 153/a Oct 11 5 35% May 25 Mar 20 107 25 16 83/a 43 Ya 143 »/4 preferred 100 29 % 45 " Tobacco 22,800 37 29Y2 27 Ya 49% No par Universal 159% Nov 14 21 Ys Oct *7 Ya 10% *35Ya 24Ya 16% _ 6 148 41 Ya Apr 10 Apr 8% - 101/8 900 293/8 50 Corp United Whelan Corp Universal-Cyclops Steel Corp 15 29% Dec 21 8'/a 103/a 37 29 100 5,700 19 43 Ya 151Y4 Stockyards 34J/2 Dec 9 *35'/2 29Ya 19 , 273/a 48% preferred—25 Pharmaceutical 1 & 2 21 19 10Ya ,37% 41/4 4% 241/2 100 26 Dec IOY4 , 4Ya 10,100 156J2 46% 150Vi com common 26Y« Dec 18% Sep 25 J/4 Oct 10 Ya 283/4 10934 27% *75% 1 common Co Leaf >'/8 *JJB Shares 109 *1551/2 24% 100 13% July 11 5lJ/aJan 4 12 156 the Week 45J/2 ' non-cumulative United 7Ya 109'/2 156 50 Corp preferred Vitamin 7%. 106 3/4 I8V2 *35 »/a v Sales for Friday Jan. 20 19 27Y4 ' 5 1st preferred 10 J/4 Jan. 24'/4 1 preferred series B———100 29 ya Oct 146 5 _5 ; 10 PRICES Thursday 43/a 18 J/2 35'/2 273/i Tobacco 7% 23 19% *351/2 103/a SALE 156 4 J/4 4Ya 19 HIGH 107 3/4 *154 1 preferred 1% 4% 20 106 J/4 156 1 Steel US 4% 20 1063/4 *154 .50 common non-cum 7% 105% 156 common Co Shoe US 1063/4 4>/4 50 Corp US Smelting Ref & Mln 10 36% Jun Inc Rubber Co US f "154 AND Wednesday Jan.18 preferred series A— Lines 3%% 19 37 Ya Nov 3 8 preference Industries US v Aug 25 26% Aug 25 14 May 15% Jan ' 148 15 24 J 12 50% Sep ; 4 Jun 14 53% Oct 21 A Tuesday Jan. 17 105Y2 100 preferred U S Pipe & Foundry Co i U S Playing Card Co US Plywood Corp common 27 36% Apr 28 Sep Apr 103J/4Jan 22 69 Ya 153 34J/4 Mar 24 47 17 45 J/8 Dec 4 Jan 4 common 4%% 5 157% Aug 11 4 33 64 class 4Va% 4 Aug 31 S US 19 78 26 144 Jan 50% Jan ■ 26 54% Feb 2 35 30 Aug 10 Jan 41% Oct 108 Ya Aug 31 7 87a Jan 20% Oct 8 38% Feb 24 6 88 J/, May 7 138 Va Sep 21 22% Dec 7 69% July 7 154% Aug 10 24 27'/a Sep Dec 58% May 18 19 "99 •' Jun 10 142% Sep 33 Vi Jan 21 40 ' 9 Jan Jan 6 7% Mar U v Co Monday Jan. 16 Par , Hoffman Mach common__82%c 5% 1 26 Jan 24 LOW V STOCK preferred S 22 35% Apr 20 7Y» Oct Gypsum 7% U 12 9 45% Feb US Aug 23 8YaJan 4 23 10 YORK EXCHANGE 14% Apr 17 44% May 28 24 Ye Jun 76 85% Oct at 12% Jan 29 29 NEW Lowest Highest _100 *89 100 — 90y4 *89 99 901/4 901/4 98Y2 98% V. ... *98% c-.- 90 */4 *89 100 90 Ya *991/2 *89 100 10 901/4 *99 10 100 110 ■ »V" 66% Sep 25 40 Dec 17 14 J/2 Jan 2 43 J/2 Sep 76% Mar 11 62 May 13 46% Nov 30 11 J/2 Dec Apr 21 33% Mar 30 55% May 11 41 Ya July 29 11 J/a Nov 18 Va 21 t5 Jan 35% Aug 27 J/a Dec 4 123/4 May 19 18 Mayla Va Aug 24 83 Ya Dec 29 94 Feb 8% Dec 16 12 % July 22 24% Jan 8 50 Aug 21 20 Oct 26 48 Jun 12 Dec 1 Wabash RR 1 44% Jan 25 Wagner Electric 30 18J/4Jun 8 23 Ya Nov 21 20 28Va Apr 7 65 J/2 Aug 21 14 4 Sep 41'/2 Jun 54 Va 11 May 4 9 48% Jan 36J/2 Feb 9 25j/4 Jan 12 48% May 4 31% Feb 24 3% Jan 21 16 J/a Dec 30 85 J/4 Dec 28 8 Ye Jun 12 30 23% July Sep 23 78J/2 Dec 29 90 91 8 Apr 13 May 8 Apr 17 42 May 8 61 Dec 93 Dec 31 101 102 79 26 Jan 23 Ya Jan 95 Dec 31 4 9'/a Nov 21 15% Jan 15 81% Dec 89% Jan 10 J/a Jan 18 Ward 14 Warner Oct 51 Feb 8 20 21 Ya Mar 27 443/4Sep 13 4 15 7Ya Jan 14 87 Jan 82 % Feb 1 29 17 4 Jan 98 J/a Aug 89 Oct 1 3 17 41J/4 Jun Western Auto 98 26 28% May 16% Apr Dec"l7 May 11 July 29 37 Ya Jan 6 4 37 Jan 25 3/a Dec Dec" 29 Nov 88 Va 112 24 Jan~29 Feb 11 57 Jan 21 Ya Oct 25 32 Ye Jan 5 Oct 25 77% Jan 4 102 Sep 7 66Ya July 7 41% Sep 2 98% Mar 13 92% Dec 39% July 22 July 26 64 Mar 28 Sep 21 65J/2 Sep 28 37J/2 Dec 24 78 53J/2 Mar 20 40J/2 Mar 30 97 7 Jun 6 May 26 66% Dec 22 15 102 Va Mar 11 Jan 7 14 July 23 24% Jan 7 28 Ya July 21 36 6 51'A July 23 30 J/2 Nov B Jan 17% Jan 23 35 Sep 22 32 J/a Jan 6 78 88 Mar 31 29 Sep 18 2 14% Dec 14 35 Ya Sep 2 22 53 40 J/2 Jan 23 J 28 J/2 Dec 31 J/2 Jan 2 59 J/2 Nov 19 129 Mar 25 27 Va Jan 9 36 Ya Mar 6 67% Dec 84 J/2 31 July 15 83 Dec 7 79 Nov 18 92 Ya Aug 14 9Ya Nov 23 12% July 24 29% Feb 31 Ya Feb 10 114 »/4 Jan 7 9 19% Nov 10 87% Sep 21 94% Feb 2 39% July 8 49% Jun 24 148 Sep 1 25% Jun 24 70 36 Dec 18% Oct 15 27 21 10% May 11 25% Oct 31 36% Apr 119 29 Jan 25 25% Feb 9 22% Dec 59 Mar 2 • 673/4 Jan 8 ' 283/4 Jan 48 45 4 Oct 21 Dec 22 15 3/a 29 8 29Y4 Nov 21 43 3/a Sep 14 127'/2 Sep 29 3IY4 Aug 17 30% Jan 8 56 3/4 56 Ya 56% 43Ya 431/2 4334 431/2 43% 5,300 373/a 38 38 38Y2 38Y2 27Ya 381/2 27Y4 1,600 27J/2 27Ya 27Ya 28 27'% 27% 4J/2 *96 97J/2. 39J/2 *93 26% Oct 3 Jan 6 19 y4 Sep 28 37 J/a Jan 6 25 138'% Jan 4 Aug 26 41/4 4% 4Ya 4% 7,800 llYa 113/4 IIY2 111/2 2,700 96 97 97 98 98 87 *84 87 '84 87 *84 87 83 *82J/2 84"^ 83 Ya 83 7a *821/2 84 4072 40% 4OY2 40 Ya 401/4 95 93 95 *93 . 40 95 *93 *97 98 Va *93 90 • — . 10,400 95 21 20Y2 20Ya 2OY2 21 20 Ya 211/4 2134 36Ye 36 36 363/a 371/2 38 38 *94 J/a 37 Ya 38% 961/2 961/2 96 J/2 96 J/2 96 97% . 22 353/a 33 *94 Ye 331/4 *97 4 89% Feb 17 129% 8ep no sala on 41115 day* 4In receivershiP 1 or — 80 40 Ya 203/b — 12,600 4,400 98 30 333/4 *33'% 34% 1,300 26 44 3/a 46 2634 441/4 28,600 443/4 441/4 •45 V8 451/4 46Ya 451/2 471/4 24Ya 241/4 14,700 45 45% 163,500 - preferred RR 40 *321/2 - preferred & Steel Lake . j. Ry Corp Dental Motor 51/4% White Co Oil & $4.25 1 (F 941/4 94 94 27Ya 28Y4 69 *661/2 70'A 515/a 52 Y0 48Y4 49 Ya 49Ya 49 Yb 101 3/a *100i/2 > ioi% 8 Ye 26Y2 *25% *39 39 Ya *39 *100i/2 261/4 8 8 40 233/4 23Ya 241/4 8 48Y, 48 3/a 45% 46Y4 47 28 3/a 515/a *69 521/2 50YB 77 *1001/2 1013/4 7 Yb 8 Ye' *25 *38 YB 27Ya 70% 30,900 ' 89 200 •' ; ■ . 4874 8,700 941/4 310 28 75 52.Ya v., 15,600 105 48 *93Y2 495/8 . 40 x233/a 481/2 ' 26% *39 3/a 23 3/8 48 275/a *69 1013/4 8 *251/2 5 46 *102 94 28 3/a 75/a *87% 48J/4 53Ya 485/a 105 473/a 69 .*1001/2 No par *102 47 Ya 52 473/4 243/a 333/4 50 100 533/4 48 Y2 8,100 ■ r-1 0 0 23,200 . 1013/4 8 7,800 , 81/4 26 *25 39 *38 . -L- 4,600 26 391% ■ ■ - 23% 23 23% 231/2 233/4 4,800 48 48 48" 49 49 507a 7,400 473/4 49 461/a 48 *791/2 82 47 3/4 48 15,600 —No par *791/2 81 3/4 *79 % 80 *80 82 10 *28Y2 29 81 *27 28Y2 231/2 28% 28 28 10c IIY2 *28 12 300 113/4 28 y2 121/2 113/4 llYa *ll3/i 117a 3,400 27% 12,900 — Inc Inc _ Public Prior 105 73 *251/2 __ common Stores Iron 873/4 1 Industries Wbodward 45 Ya 873/4 47Ya ,94 50 __ Inc Wisconsin Ik 24Ya 45Yj 87 __ 475/a 1 preferred Co preferred - 24 V4 457b 87 *102 /. 105 20 Inc Co ■ 100 common 1 Wisconsin Elec Power Co 6% 28Y2 , Co Winn-Dixie 273/4 V; 20 47Ya 233/4 45 88 .501/4,, 52 *661/2 80 _ _ preferred Windsor 94Ya S) 23 Ya 46 *102 931/4 common preferred Stores 105 48 5 S 23% 451/4, '*861/4 471/2 preferred (The preference Wilcox 88 10 common Mfg convertible White 48 *102 100 common- Sewing Machine Prior 24Ya 46 Ya *861/4 100 No par convertible White $3 Erie Corp B preferred White . series Y. 23 5/8 431/2 *123 100 Service Co 27 10 com _ _ Corp 29 Ya 10 10 25 Worthington 84% Oct 41/2 11 J/a 35Ya Woolworth 14 43/a 10Ya 393/4 413/a 500 43/a 11V0 823/a *84 95 1,800 34% 4 23 96 '271/4 • .■> 271/4 13 Dec 4J/4 11 " 563/4 ... 331/2 Oct 25 57 43J/4 *33Y2 26Y2 July 11 27 563/4 43% 37J/2 , 26% Jan 18 Ye Dec 57% 43% 37J/4 / 34 Ya 95 10% Jan 57 44% 37J/2 34 66 38 57J/2 2,700 33Y4 10 101 25,400 243/4 80% Mar 10 78 Apr 1 7 701/4 37 20Ya 33 75 7% Nor 5,700 69 37 25 8 411/a Oct 20% 70 3/8 37% ll3/4 No par com 7,100 37 5 com 20 4,500 53 321% Wilson-Jones Sep 201/2 53 331/4 Wilson 831/4 Aug 18 28Y2 Dec 53 3/a 24'/4 4Ya% r; Aug 31.; 14 Ya Jan 271/2 July 12 52 3/a Jan 8 523/4 321/2 Whirlpool 6 102 53J/4 6% 33 $5 22 8 12% 86Ya 61/2 253/a Wheeling Sep 28 48Y4 July *12% *85 61/2 W) Co 113/4 IIY4 27 3/a x265/a 43 Ya 127 431/2 123 . 30 Ya 30 25Ya 25 27 26Ya 43 Ya 27 433/4 123 *122 30Ya 44% 124% 263/4 27 43 Ya 26% 441/4 *123 125 43 3/4 123 441/4 303/4 30 Ya 30Yb 25 251/8 24 Ya 25 66 Ya 671/2 671/4 68 68 503/4 683/4 513/a 51 51Ya 517a 513/a 30% *2474 8,100 20 123 30 Ya 25Ya 100 81 30% 25 6,000 4,400 10 61 Ye Corp common 10 preferred 41/2% series—100 511/4 513/4 501/4 *871/2 881/2 *871/2 8 81/2 *871/2 881/2 883/4 *88 x981/4 IOOY4 88% 971/2 98Y4 98 98% 98 98% 5,700 9 Ya 10 1/4 10 lOYa 10 Ya 5,600 30% 10,900 Wrigley (Wm) Jr (Del) Wyandotte Worsted Co_ No par _5 Yale & Towne .10 Mfg Co Young Spring & Wire Corp. —5 Youngstown Sheet & Tube No par Youngstown Steel Door .No par ' 991/2 10 68 Ya >-> 0 0 663/4 *-• IOY4 293/4 30 241/2 241/2 951/4 97 Ya 20 3/a 10 20 Ya 295/a *24 67% 10 *87% 29 Ya 293/4 30Y4 3078 3OY2 241/2 241% 24Y2 24Ya 24% 96 95'% 96Y2 953/4 96Y2 21 21 207a 21 94 Ya 20% • - 51 2074 97a 30 Ya 13,000 3,600 24 900 / 961/4 97 19,300 201/2 21 2,800 107% 110 24 Z 120% Jim ^-dltstoibutfonPrlcefl' 6Ya Nov 21 24 »/a Nov 313/4 Mar 10 6 Sep 30 23% Jun 22 14 32 Y4 May 9 79 May 27 23 Y4 Jan 11 6Ya Jan 118 31 51 J/2 Mar 11 19% Oct July Oct 45% Sep 1 34Ya Jan , 20J/4 12 Ya 86 Ya 6 33 Pacific Wheeling 2 Sep 53 121/4 85 6Yb 245/a 2nd non-cum 3.80% 6 98 2 98J/2 Oct 10 28 62 3/4 Jan 37% Mar 14 36 Jun IO31/2 Dec 53Ya 2,800 12% 87 6J/a 69Ya 47a Western 891/2 Aug 18 28 22 52J/2 May 92 J/2 Jan a 65 6 12% *85 6% 14.200 1 Co Ry 12% 87 1,900 8% ; 20 11% 100 Maryland 8Ya i.»_No par 4% Western 13 45 38 J/2 Mar 18 31 8Ya Union Telegraph 2.50 Westinghouse Air Brake 10 Westinghouse Electric common_6.25 14 38 J/4 Oct 81/2 2,600 70J/4 27% 100 preferred Western 6 4 Supply 8»/2 2,000 .':i' 20J/a 57 Pulp & Paper common—5 preferred 100 4.80% 83/a 62 37Yi 84 16 27Ya 60 3/4 69J/a 87 Nov 40Y4 27 Ya 60 Yd 37 *84 29% Feb *3934 27'/2 60 Ye 37Y4 1 Inc— 40 273/a 69J/2 *82 Lines 39Y2 27% 20% 100 Air 60% 39% 27% 67 100 4J/2% 60 393/a 20 Ye C Va 2,200 37 B West 4,700 12 Ya Ya 70 Y4 4 pfd 400 28 12 43Y4 5 ; Co 801/2 27 y2 39J/2 53Ye 20 *791% . 36% series Western 31 Mills 12»/a 37 No par 5 Coal 28 68% No par Co 793/4 12 36% series 14 Deo 19Ya 79Y2 27% 12J/a 6J/2 53Va preferred 97J/2 Sep 35J/2 Jan 93 53Ye preferred 17 July 22 5 4.10% 92 J/a Feb 17 J/a Nov *85»/2 No par Power 4Va% Mar 31 14 12% 86J/2 6% 79J/a 27% 60 8% 86J/2 7 ? ; 27% 8Y4 9 4.20% Jun 39J/2 791/2 27J/2 12 26Ya 1 ; Corp Kentucky Penn 59 39J/4 12J/2 Pharmaceutical__l Motor 56% Jan 35 773/4 West 30 59% 27% 8% Inc Co Knitting Welbilt West D) 86 35% Dec 31 103 Wayne 4 12 100 Corp Pictures 19 17 22 Waukesha 79J/2 27% 12 i23/a 10 (S 79Va" 27J/a 12 y4 1- Washington Gas Light Co Washington Water Power 45 Ya Jan 39J/a 27 81J/4 27 2.50 Co Warren 593/4 • 50c common Industries Bros 26Ya *12 No par preferred Warner 22 30Ya Jan Dec W Inc 54% Nov 27 9J/2 Dec & Warner-Lambert 23% July 14 4 Dec 6% 2 G Tiernan 81J/4 Aug 23 37% Jun 30 45% May 4 38% May 25 30 7 *79Va 15 Co Baking Co 54 J/4 Dec 24 Sep Ward 15 Nov 2 7 J/2 & 26 Apr 53% (Hiram) Wallace Walworth 5 Sep 27 37% Mar 9 15 100 No par 10 30Ye Oct 100% Aug 12 8 Walker 19 15j/4 Jan 32 J/2 Nov 29% Jan 6 Dec 1 preferred Corp Co 78 Va Jan 38 8 29 30 Walgreen 14 38 7 40% Dec 23 4%% Waldorf System 60'/a Aug 24 Nov 7 29% Sep 46 80 Zenith Radio Corp. petition has been filed for the __1 company's 101 % reorganization, 103 J/4 a 1003/4 Deferred i03i/4 delivery, 104 r Cash 108% sale, wd When 107% mi/2 distributed, x Ex-dividend, y 32,2 Ex-rights.' Number 6023 193 Volume . . . The Commercial and Financial Chronicle (399) Bond Record from the New York Stock italic The FRIDAY—WEEKLY- YEARLY the when letters bonds the In mature. column headed "Interest Figures after decimal Period" Lowest NEW YORK Lowest Highest Migheat Low EXCHANGE Treasury Treasury 4Vis Treasury 4s Feb 1 May 15 IB May 15 15 Feb Treasury 86.8 11 Apr Apr 11 3 Vis Treasury 3VtS Treasury 3s Treasury 3s Treasury 3s 102.20 *102.22 102.30 101.14 ♦101.12 101.20 101 *100.30 101.6 *100.28 101.4 *101 101.8 •101.2 101.10 100.10 *100.10 100.14 *100.10 100.14 ♦100.12 100.16 *100.14 100.18 ♦99.14 99.22 100.14 *99.20 90.12 Feb 18 18 *94.10 91.16 *91.16 91.24 *91.14 91.22 *91.16 91.24 *91.18 *90.12 91.26 90.20 *90.20 90.28 *90.20 90.28 *90.26 91.2 *90.30 91.6 ,*90.14 90.18 *90.16 90.24 90.22 90.10 *90.8 90.16 *90.8 90.16 *90.6 90.14 *90.6 90.14 *90.12 90.20 *90.14 *98.16 98.20 *98.22 98.26 ♦98.18 98.22 *98.22 98.26 *98.24 98.28 *97.6 97.12 *97.14 97.20 *97.6 97.12 *97.8 97.14 *97.12 *85.26 86.2 *86 97.18 86.8 ♦85.30 86.6 ♦86.4 86.12 *86.8 86.16 ♦100.1 100.3 *100.10 - 100.13 15 1964-1565 *89 89.8 1965-1570 *88.20 88.28 *96.6 96.10 *99.26 99.28 *92.30 93.6 *97.26 97.30 1966-1571 *87.20 87.28 86.26 Nov 13 85.4 Jan 20 Treasury 2 Vis Jun 1987-1971 93.24 Nov 10 93.24 Nov 10 Treasury 2Vis Sep 1967-1973 *86.10 86.18 Treasury 2 Vis Dec 1967-1973 *86.18 86.26 Treasury 2 Vis Jun 1959-1963 *98.28 98.30 2 Vis Dec 1959-1963 *98.17 98.19 Bank for Reconstruction & Development Feb 1985 *104 105 1 1980 *102 103 1961 4 Vis 15 Nov ; 5s *101 101.16 14Vis 4 Vis 94.16 Aug Dec 1 1973 *101 102 4 Vis -Jan 1 1977 *100.24 101.24 14 94.16 Aug 14 93.16 May 20 3Vis 7 Jan 7 Jan 1 1978 *96.16 97.16 15 1979 ♦96.8 97.8 May 4 Vis 96 Jan 4 Vis 93.16 May 20 96 15 1961 *97 May ; *94.16 95.16 15 1971 *93.8 94.8 May 15 1971 *90.16 92.16. 1 1981 *84 86 15 1973 *88.8 89.8 Oct 3 Vis i 3 Vis 83 2 Jun 83 Oct 3s 2 Jun July 2s flThis issue has not 1976 *84 1961 *99.8 15 1962 ♦98 yet been admitted to as 86 1950 2> No sales transacted this day. 1 15 Feb Serial bonds of asked price. 100.20 Feb __Mar 3s ♦Bid and 98 ♦100.8 Oct Jan 3 Vis ■ 1 1962 1 1969 3 Vis 3Vis « 94.18 90.8 Dec Mar Mar International 100.22 " "'90 89.16 Treasury . *90.2 *86.18 83.6 100.2 94.16 90.16 2 Vis *99.26 *100.18 *94.8 *89.8 Treasury 100 100.20 94.12 *90.8 Treasury 2 Vis ♦99.24 *100.16 ♦94.4 1964-1565 Treasury 100.16 101.22 94.14 15 Jun 99.26 ♦100.12 *101.14 *94.6 t Jun Treasury 2 Vis Treasury 2 Vis Treasury 2 Vis *99.18 100.20 103 * 94.8 Treasury 2Vis 96.12 Feb 99.28 *1100.16 *102.24 *91.8 15 2%s . *94 r Dec Treasury Bonds ($) *102.12 ♦100.10 1966 Sep Dec Week High *101.6 2 Vis 2 Vis Low 102.24 Treasury 2 Vis 2%s Treasury Sales for Jan. 20 High 101.20 , 16 1961 1960-1965 Feb 15 1965 Nov 15 1961 15 1962-1967 Aug 15 1963 15 1963-1968 Treasury Friday Jan. 19 *101.12 15 Treasury 3Vis Thursday Low High *102.16 1978-1983 May 15 1985 Feb 15 1964 Aug 15 1968 Feb 15 199B Jun Low 102.12 15 1990 15 1998 Nov PRICKS Jan.18 High point. ♦100.24 1980 Treasury 3 Vis SALS month a 101.6 1974 Nov ..Nov Treasury 3 Vis. HIGH the case 32nds of ♦100.6 1908 Treasury 3%s Treasury 3%» 86.8 ♦102.4 1980 Treasury 3 Vis Low High each more Wednesday > Jan. 1) , in or ♦100.30 May 15 l*T5-190i Oct 1 1969 4s Tuesday Jan. 16 STOCK one AND LOW Monday GOVERNMENT BONDS Range for Year 1960 Range for Year 1959 Exchange Indicate point represent 27 100 99 t ■ Stock Exchange dealings. 123098736452 * *100.2 100.4 *100.10 100.13 > - > *100.1 100.3 *100.10 100.13 *100.10 *96.2 96.6 *96.6 99.29 ♦99.26 99.28 *93 93.8 *92.28 *98 98.4 *90.12 *89.12 100.2 100.4 ♦100.2 100.4 100.13 *100.10 100.13 96.10 *96.10 *99.27 99.29 *99.28 99.30 93.4 *93.2 93.10 *92.30 93.6 *97.28 98 ♦98 98.4 *98.2'' 98.6 90.20 ♦90.8 90.16 ♦90.16 90.24 *90.16 90.24 89.20. ♦89.12 89.20 ♦89.18 89.26 *89.20 *89.2 89.10 *89 89.8 ♦89.8 89.16 *89.10 89.18 *88.24 89 ♦88.22 88.30 *88.30 89.6 *88.30 89.6 *87.30 88.6 *86.30 87.6 "96.8 *99.27 ;T 96.12 , ' *87.24 88 *87.22 87.30 ♦87.30 88.6 *86.22 86.30 *86.20 86.28. *86.18 87.4 *86.14 86.22 *86.12 86.20 ♦86.20 86.28 86.30 *86.20 86.28 *86.28 87.4 *86.30 *99 99.2 *98.31 99.1 *99.2 99.4 *99.3 *93.21 98.23 *98.19 98.21 *98.22 98.24 *98.22 *103.24 89.28 *86.22 ♦86.22 96.14 86.30 87.6 •99.5 98.24 *104 105 104.24 *103.24 104.24 *103.16 104.16 *102 103 *102.16 103.16 ♦102.16 103.16 *102.16 103.16 *101 101.16. *101 101.16 *101 101.16 *101 *101 102 *101 102 *101 102 *101 102 *100.24 101.24 *100.24 101.24 *100.24 101.24 *101 102 *96.16 97.16 *96.24 *96.8 97.8 *96.16 *97 93 ♦97 *100.8 100.20 97.24 101.16 *96.24 97.24 *97 *96.16 97.16 ♦97 98 *97 • 97.16 98 *97.8 QO no *100.8 ' 100.20 ♦100.8 100.20 98 *100.8 100.20 *94.16 95.16 *94.16 95.16 95.16 *95 96 »QO 94.8 *93 94.8 *93 94.8 *93.16 94.16 *90.16 92.16 *90.16 92.16 *90.16 92.16 *91 92 *84 86 *84 86 ♦84 86 *84 85 *88.8 89.8 *88.8 89.8 *88.8 89.8 *88 89 *84 86 *99.8 ♦84 100 *98 *99.8 99 '♦94.16 ♦84 86 100 ♦98 86 ♦99.8 *84 100 *98 99 . <■ 85 *99.8 99 ' 100 ♦98 99 (Range for Week Ended January 20) Week's Range Friday BONDS Interest New York Stock Exchange Period Last or Sale Price Friday's Bid & Asked 'Low Transit Bonds Range for > Sold High ' No.' %?% (continued) Stock —June-Dec 1980. 92 n 93 A 53 < No. SVis 81A "92ft series series No. series No. 3 Vis Corporate 3Vis Issue— series No. 3Vis series No. 3Vis series No. 3Vis series No. 3Vis series No. 3Vis series 33/4S series No. 3 Vis series No. 3Vis Foreign Securities No. series series No. 3Vis series No. 3Vis Members New York Stock Exchange REctor 2-2300 120 Broadway, New York NY - No. series No. 3Vis 1-1693 No. series 3Vi8 '■:T eletype No. series 3Vis series No. 3Vis Telephone series 33/4S ••. • series No. Caldas (Dept-of) Canada New York City Foreign Government and Municipal (Kingdom Amsterdam of Norway) of) (City 5Vis 4s 1973 101 Afar-Sept lAAntioquia (Dept) collateral 7s A 1945 Jan-July § AExternal sinking fund Is ser B 1945—Jan-July §AExternal sinking fund 7s ser C 1946 Jan-July §AExternal sinking fund 7s ser D 1945 Jan-July 30-year 3s Australia f s bonds $ 1978.^ (Commonwealth 3% s 20-year 20-year *96'/a 92 Feb-Aug 15-year 4% 1971 15-year 4:Us 1973 100 15-year 5s 1972 Afar-Sept 5s 1978 1979 :i; 20-year; 5l4S Austria 4%s 1980__ extl $ State) 8) (Kingdom, Belgium external 5 Vis ABerlin (City of) debt adj 4Vis debt adj (U ser 44 93'/a ■13 98% 973/4 94Vi 103 Vi 97 Vi 97 Vi 10 96 96 Vi 26 92 83 3/4 1 80% 40 41 4 loan 99 Vi 99% 22 103 Vi 103% 6 June-Dec of 1926 AExternal • f s 6 Vis of Central |A7s „ to Ry due i% funding bond* of reduced to 3Vis series No. 3 Vis series series No. 84« 3Vis aeries No. 4 84 3Vis series No. 5 3Vis series No. Vi 84%; *132";," *' 95% "* < '.i- 145% I_:—,, ' 2 91 t; 95 *82 "100 77 Ye ;; 84 96 98% " , 98%%* 98 % " 98 Vi ■*' i \ 3 .-i.. June-Dee ..June-Dee 98 - _June-r\ec June-Dec see page 31. • — '• ' " *98*96 T. 97%- 99% 96' 99% *97V4 ...June-Dee — 1963 6> . bonds • 98,r' "I ": 2 — 99% 96 ? 96% 98% 89% 92 45 92 91 Vi ~2 923/4 45% 91 — 91% 43% *90 44% 45 Ya 47 Ya -- 43% 89 92 Ya 54 *90 Map-Not 40 Ya 49 *45 1960 Mar-Sepf ....—Mar-Sepf 1951 June-Dec IA Cologne-(City of) 6%s 1950 Mar-8epl 4%s debt adjustment 1970 Mar-Sepf AColombia (Rep of) 6s of 1928 Oct 1961-April-Ocf A6s of 1927 Jan 1961 Jan-July 44% *45 Map-Not *90 1961 assented 3s 1961 fund 6s 1962 1962 Municipal Consol assented Ry) 7s (Republic Rica bonds $ Froncier 1953 De of) 7s 1972 due Csechoslovakia * *"" 3s Prussian 4s bonds 1972. — ^Aprll-Ocf < " 1953 due l#63__Jan-July Conversion ,1953 loans— '^ & dollar fund bonds 46 42 — 90 48 3 71% ' 5% 85 ~5 87 71% 91% 42 Ye 5% 90% 149 145 — 66% 14 76 99 *90 97 80 *66% 68 65 103 40% 103 78% 95 V* 28 1033/4 40y« 42 52 107% 34 Ya 2 76% 48 47 50% 57 issue 1972— —Aprll-Ocf 50 30 100% 100 100% ♦__ 85 Ya 82 — *10 80% ,■ ~ — 209 ' 85 81% 81%. •84% 8fr»/4 88 >/2 88% 97 « •101 y8103 209 m 88 108% 74 — , 93 92 3 1 80% 11 11 — ■ 103, 9.6 Ya 85 •71 % 61 , Main bonds -of" 1936— conv : .I_ ' of) 7s 1967 —Jan-July 6 Vis 1953 Map-Not 4%» sinking fund 1973__MaP-Not German (Ped Rep of)—Extl loan of 1924 ■ j 5 %• dollar bonds 1969___ — April-Ocf 10-year 46 42 -- , April-Oof -(Kingdom doUar 90% . of): 5 %* 1974—. .Feb-Aug El Salvador". (Republic of) — 3Vis external s t f bonds. Jan 1 1976^__Jan-JuIy 3s extl s f dollar bonds Jan, 1 1976 Jan-July 3s 47% 90 Ya " - France— (State)—- on 47 % — ' 87 1970—AprZZ-Oot _May-No® April-Oof Stamped assented (Interest reduced to 6%> extended to .I960— Denmark .. — *2 1951 loan gtdrextl . *45 5s sinking fund dollar bonds IA Costa „ *45 1960 (Hukuang extl ref 6s — sinking assented AChinese fund sinking 913/4 __ *45 __Apr«-Oct 1961 assented ^Guaranteed 1957 ... 45 91% — *45 June-Dec 1993— 3s 6%s 1957 ▲Estonia/.(Republic __June-De< : $ Bank assented f A Frankfurt Aprll-Ocf (Plan B)— 1 footnotes, 149 \ 3 1951 8 For 85% 92 — 923/4 *90 ▲ 135* ,:78y4. 2 95 Vi ' 95 Vi ' *" 85% 78 135 _ . • 95 57 92 ' *45 1979—— June-Dee Cuba, (Republic of) 4%s external 1977—June-Dec Cudinamarca (Dept of). 3s 1978 Jan-JuZp (lntereet 1979 1944 22 843/4 *117. ... (interest 3 of 90% 1961 April-Oct 5%s ' 84 Vi l957__Aprll-Ocf No. 3Vis bonds 1 48 Ye 1 -- *90 . ..June-Dec due 95V4 (intereiY 1978 3 375%) dollar 91% *117 UiAprll-Oct Stamped pursuant to Plan A ■Eternal 93 91, ' June-Dec 1931 \ 81% , fund s 6% A 3s 95V4 1957—Aprll-Ocf 1952 3.5%) 79 Ya 167 174 84y* 50% *90 Credit ■ to 108 Vi *132 .June-Dec 1979 Stamped pursuant to Plan A reduced 81 79% 79 Va Jun«-Dec _ 1927 ,due 3.375% ) 101% 99% (interest Stamped pursuant to Plan A reduced 96 85% 77% *90 Feb-Aug 1961 ■; 78 Vi 1 - ■ B7; 48% 30 • *45 Feb-Aug 1981 1963——— Mortgage % A 7s 79 % * 163; 81 AprZJ-Oct 1941 8s sink A 6s 101 • 40V2 174 AprR-Oct _ external 6Vis - ApriZ-Oct _ : 1978 B 99% Stamped pursuant to Plan A; (interest \ reduced to 3.375% ) 1979_^ui.w_, .-.Aprll-Oct.. * . f 1964_June-Dec 1950 1970— A 101 Mar-Sept pursuant to Plan A reduced to 3.5%) 1978 s 4s assented A Chilean Feb-Augr 50 VB 96% 96% '6 82% 81% ApHZ-Oot 1960 50% 81% *45 6a Feb-Augr ApriZ-Oct *45 t '«96% 82% Aprll-Ocf fund sinking ▲Guaranteed • 96 __ *90 May-Noe •= 50% June-Deo 86 : 1978—Jan-July Mar-Sept Mar-Sept f bonds *78_Jan-JuZp f 7s 1942—May-Nov bonds 2%s 1974 June-Deo June-Deo A 6 * 98 83 Vi 96 99 Ya *45 98 96 ,97 99 95 *96 —Map-Nov A 6s 107%; 122 99 97 97 Va ' — •• *90 A Chile 101 Vi 101 Vi 96 1973 Stamped AExternal 103% 99 96 *96% June-Dee Map-Not Extl 99% 96Vi 97 Vi 1958 loan of) S 90 Va 22 103 *96 sinking AExternal 62 96Vi June-Dec 1972 ser 943/4 99 95 June-Dee Jan • 99% 100 97 Ya 97% 95% __ *90 99 Vi April-Oef 1945 1965 loan extl of) 6s 5A6Vi» external lABrazil extl loan 4Vis 90 Vi 97 Vi 1973... 6%s (series 5 Vis Congo 8 ; *45 97 10134 ■___ f s adj debs 96Vi 100% 88% ApriZ-Oct (Free lABavaria 88 56 1 — June-Dee fund 6s Sept 1961—Mar-Sepf V A 6s assented Sept 1961 Mar-Sepf AExternal sinking fund 6s 1962.. Aprll-Ocf A 6s assented - 1962 ;—— Aprll-Ocf 93 Vi 95Vi, Austrian Governments 4Vis assented 1980—.Jan-July Belgian 26 50 ..Mar-Sept 1980 Oct 5Yas (Rep) 93 '■ "I 97 *95 ; 6s Feb - *96 Jan-July assented A 6s 97 87% ' 96 97 .June-Dee 6s 95 97 % , -/ *98y2 < •98 99 —, , *94. June-Dee June-Dee 98% 97 96 *97 97 98% - 97 *99 June-Dee s 96 i *98ya .June-Dee fund assented Feb *96 ARy external sinking fund 6s Jan 1561—Jan-July 60 91 94 May -Nov April 56 99 % 93 Vi 94 20-year 91 Vi 91 May-Nov 5 '/as A 6s .98 98 June-Dee 1960 sinking 98 09 95 ■' —— June-Dee fund sinking *94 1 ■' June-Dee a 96 • •■ 99 99 99% •99% 97% *96% —June-Dee High 96' __ *96 June-Dee 1942 assented AExternal 103 48 Ye 99 - June-Dec 5 Vis A 6s 98 98 92 99 Vi June-Dec 20-year AExternal 107 103 51 Vi 91 Vi June-Dec 1962 1969 20-year •' — 51 Vi June-Dec 3 3/4 s s — *96'/a 91% 105% -98 __ *96'/« 99 107 assented AExternal 15-year — 91% 35 — §A7s oi)— 1966 33es 101% *96 Vi Jan-July 1967 3 Vis 15-year 92 % 1 96% *96 June-Dee (Dept of) 30-yr 3s (Republic) external IA Chile *— *98% June-Dee f Low 96 96% June-Dee ■ Year 1960 0. ♦96 June-Dee .... Range for Sold High June-Dee : Bonds Friday's or Bid & Asked June-Dee 30-yr Cauca Val 1968—Afar-Sept June-Dee (Dominion of) 2Vis 1975 25-year Akershus Last Sale Price Low 20 No. 3Vis Wertheim & Co. Period — 3Vis 3% Unification Week's Range " Interest NeWjYork Stock Exchange •.* Brazil High Low Friday BONDS ' • Year I960 971. 85 Ya 100 % > 28 (403) The Commercial and Financial Chronicle NEW YORK STOCK EXCHANGE BOND RECORD <iw Friday BONDS New York Stock German Interest Period Exchange Sale Price loan Low 5s dollar bonds 1980-_ June-Dec dollar bonds 1972 June-Dec part part paid Conv F< h of) 6s 1946 funding 4Vis 1966 (Republic) ext s f 3s gtd series Italian ext B 1977— 1977 3s 1947 Public 30-year f s f s 3s ef) 1977 7s 1951 A 5 loan 1954 extl due of '24 1954 extended loan 1965 30-,ear IA Milan Mlnas of to '30 1964 1965 extended f s (City $ bonds of; Geraes ASecivred 1975 ; to pursuant reduced to 5Vis extl f s A to Plan 2.125%) loan - fund 70% 70% 77 Vi 57 71% 77% 147 Va extl A IA Nuremberg 90 90% 91% 87% 101 46 100 Vi 101 88% 97% extl sink (City of) fund 6s 5s 22 -92 20'A ..92 98 20% 2 20 Vi Feb-Aug April-Oct 1970 103 92% 10 4%s 198 Development |A6s 6s extl due 1953 A5Vis 5Vis / Oslo loan extl 18 23 48% 53 60 1958 53/4S of) f s reduced to loan loan ANat loan J A Poland of) 48% 41 4.40s 75 48% 100 Vi 48% 100 Vi 2 101 41 16 99 Vi 100 100 98 % 100 98% 97% l'nI 98 10 f 6s f s 1st 2nd assented IAStabilization A4'/js series gold 6s 6s (Republic of) A4 Vis series 20 95% loan assented sink fund 7s 1 97% stamped pursuant (Interest reduced 7Vis 19G6 Rhodesia and to IA External Sul to of Jan-July 1953 52 82% 83 Vi 33 % 83 % 81 Vi 2.5%) A 81% 2%) 2012 loan of 1926 pursuant reduced to *13 11VA __ 16 Vi 13 11% . 17% 11% 13 10 (Interest to (City of) 6Vis (City) due 1966 A toiampeu 14 2 11% 4 10% 55 3 51 75 32 67 79 Plan to 2.25%) reduced A6Vis to extl 79 *66 Vi 1 Sao to Paulo (State 1936 stamped •s 74% 62 Vi 2004 Btamp.ed 63 Vi 4 74 Vi 63 Vi |A7s to external Stamped to external Stamped to 40 Croats & A8s *62 series 70 8A6Vis 8Vis A 1st due Silesia 1952 (Prov A4Vis South mtge of) 1958 (Union of) external lcar Jan external loan Electric (40-year) due 1971 f s 1962 1962 extl due of 16s 1st mtge 1953 $ series extended to 1965 June-Dec new 1974___. External 3Vis to ▼alle Del A (City) Yokohama «« rDio For iqri (City *92 97 218 93% 101% 105% 106% 269 100% 107% 276% 286 Vi 420 198 285 98 126 90 10 18 18% 18% 19% 30 17% 89% 1 83% 88'A — 55 55 4 51 % Arbor Feb-Aug 3%s debs first gold 4s July Corp 4.35s debs Steel & Co inc 5s debentures 3%s 1977 Quar-Jan 1984 ApriZ-Oct 1984 debs debentures 1979 Topeka 4s & 4s Coast Line debentures 1979 subord 105 105 102 , 5 101 % 107% 5 98% 105% 86 88 Vi 89 Vi 25 97'A 97 Vi 1 100% 101 subord debs 1987 of *99 Vi *14% *10% <fe 89 Vi 1 79 89 '/2 93% 1 — *94Vi — *80% — 93% 93 Vi — *87% 89 % 99 13% __ 12% mtge 4s ser cons mtge 4%s mtgp 3%s convertible Gas ref ref A ser B 80% Feb-Auy 1970 112% — 197831 129 Vi 132 24 87 88 36 82% 86% 11 80% 97% 27 94 series Feb Electric 3s series — I 2010 A & M 175 100'A 111 86 116 150% 83 2010- -Jan-July 1J 76 66 67 73% 76% 55 66 Vi 78 78 83 543 78 68 73% 65% 60% 79% -May • 87 73% April-Oct 68 262 mtge f s 3 Vis 1089 Finance 5s debs '77 .Jan-July 1990 Industrial Loan 1984 Valley 7s __-c of) 8s of tn 1Q71 see page 93 99 4 95 1977 2%s debs "79% 81 77 82'A *__ 98 87 98 107 125 113% 118% 120 103 1961. .May-Nov 1951_ 62 103 99 5 99 Vi 97 23 mortgage mortgage '26 1961 Feb-Aug _Feb-Aug June-Dec June-Der 31, series June-Dec A series 2%s 3s 1978_. B Jan-July %3 Jan-July 1978— series series debentures conv Airplane (Thei & '69 Co 1979_ 26 83 Vi *83Vi 92 *85% 3 100% "l mortgage 1st mortgage Shoe Brunswick 3s 96% 107 100% 108 10 Vi 211 99 4 125 250 42 Vb 42% 19 2J 17 51% 27 49% *90 ' 181 102 Va 2 79 84'A 2 40 54'A 16% 45 100 81'A 86% CO v 82 36 'A 6 59 87% 90% 75% ' 81 % 81 76'A -I *93 % Jan-July — 81% 84 'A 202 82 May-Nov 1971— 90 80 — 140 -Jan-July debs 79 84% 17 87 % 135 19% 81% 68 'A ~ % 140 .Mar-Sept 1983 3 Vis *81 Vi — 76% ' 89 • 94 87 — 90 Corp— subordinated Terminal Bldgs debs 1981——. -Jan-July income 5s Power Oregon 120% 119% 123% 113% 112 1975 _May-Nuv .June-Dec 1982— consol Pacific lirst Jan *82% .185 83'A 113% *93 -July Airlines 1974 gtd 96 77 123% 87 ■-■ 837/a 106 • 110 5s 1976—June-Dec 96% Carolina Inc of (perpetual)——Jan-July 4%s 1976 conv Jan-July deposit Clinchfield Carthage & Case (J 5%s I). Co. Ohio & 3Vis subord First mortgage 187 75 80 102'A 86% 72 " 1978 96% 96% 60 Feb-Aug 79% 102 % 1965 44 25 69% ' 4s series A 1995 10 11 88 Vi 95 82'A 10 79% 84 1 Jan-July 2020—May Jan 1 2020—May 102 Central New Pacific Light 1974— J N York 3'As Power Ry Co 3s Without subord 3Vis Jan-July debs debs warrants Paper & series A 8 68 82 82 11 63 75 ww ww 112 6 39 40 146 *85 88 1974__Feb-A?iy Feb-Aug *86 1971 Jan-July 92% - . -- 22% 3 11 "10 15 3'As debentures 198 207 208 99 3%s debentures 1981_ 1 96 101 *"->« subord debentures 45 88 83% 84 87% 91'A 96% 106% 75% 116 91 89 91 12 73 100 100 98 100 10 79 105 90 90 1 82 96 95 1 91 83 88% 107 110 n 101 111% *95 April-Oct 1965 1 113% ApriZ-Oct April-Oct Fibre— 11 37 79 % 103% 105% 104% 101% 76 April-Oct 1974 — 211 roi•" 64% 110 39% ApriZ-Oct warrants subord Without 70% __ 63 VA June-Dec 1987 1974 mortgage 3%s series B 1968 Cerro de Pasco Corp 5Vis conv 1979 Chadbourne Gotham Inc— conv 70'A *82'A 64 Co— debentures of 103% 95 Jan Co. 113% 97% 82'A A Illinois 80% 69 94'A B Champion 326 Vi series cor.v 74% 82 Vi 102'A 102 % 94% series - 68 82 4%s conv ' 98 54 April-Oct 4'As 5.90s 92 3 77% 79% —' 13 April-OcZ mortgage 96 99 *— April-Oct 1977—_—iMay-Nov mortgage RR 15% 102 76 % 73 58 AGcn Central 12 77 74 80% 77 99% Georgia Ry— Central 95 75% 76 June-Dec 1983 3s debentures debentures 1976 100 % 91 1 64 Mar-Sept 1981 debs Corp of 1965 4s 4s debs debs 4%s Tractor 211 92 78 79 Vi 76 -A Adirondack Ry conv Caterpillar 98% 89 84 79% 100% 101% — 201 82% *__ May-Nov 1962—ApAZ-Oct A Ry— debentures consol Certificates 3s 3Vis Power Southern Capital 96 Vi 102 % 87 Vi 14% 87 88% _Jan-July 1980 1980_. 4Vis Co conv ABush 6s *6 *81'A -Jan-July 1981—' Niagara Elec first mtge 2%s Burroughs Corp 4Vis conv 1981_ ' 89 % 87 % mortgage 1st 15 83 Va - 92 185 70 % — RR— First 83Vi 99% 185 78 _May-Nov conv debs 88 3 s J .1976— _May-Nov K 1980 4%s 27/8s Co Maine _Jan-July 5s series AC 1967 Mar-Sept mortgage 4%s series A July 1970 -May-ZVou 1st mortgage 6s series SS 1965— _Feb-Au0 Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union Gas gen mtge 2%s 1976 _Jan-July 4Vis 99 104% 95% Steel 211 98 Vi 78 June-Dec Mar-SepZ -Jan-July .May-Nov _— AGen 199% 99 75 74 Light Co Inc— debentures Canada (Dept of) 1958 1PS8 & debentures 3Vis „ 78% adjustment— Central *95% 89% ' Co—■ Z mtge s f 4s 1993 debentures 1974 Central Feb-Aug Jan-July 89% 85% 74'A Mar-ScpZ 1995 conv California 14 92 86 96 Vi May-Nov 94% 83 ' ref 23% 97%. 91 85% June-Dec 81'A 87 — 111% 113% 129% _Feb-i4up 1980— C ser income debs conv & 23 10 87 1978 103 Ohio RR— cons cons 4% 100 86 Vi May-Nov 98% 89 Vi 85 — 95 98 • 1937)— ; 91 31 Feb-Aug 1979 95% 93 % Manufacturing Corp— conv 100% 93 90 Jan-July - debs 99% 95'A 27 Jan-July 1966 90 106 — — 100% 102% 94 Vi Mar-Sept D:il980_s Refining 2%s debentures conv 7 10 —-i — mortgage 4s ser A 1980—— Mar-Sept mortgage 4Vis ser C 1972__^.__. —Jan-JuZy Vis 99 Vi 99 Vi 93 Vi 61 94'A 105 93% 94 Vi 81% 102 — May-Nov Ry 3%s 1963—May-ZVou 4%s A 1964 June-Dec ser 99% 100% 10 Fe— Line RR 88 244 90% 98 1995 1 Air 95 16 *— __ Aprll-Oct July 88 Vi — Feb-Aug Feb-Aug Sante 1995 Charl 89% June-Dec 1977 debentures 1977 165 99 Vi 100% — May-Noi> 1962_—Mar-Sept i Feb-Aup 1976 debentures April-Oct 1995 deb sub Investment subord Canadian 98 Vi 95 87% California Electric 19% 91 87 87% 1977 Inc Buffalo 19% —April-Oct 1979 external 1007/8 __ Boston —April-Oct 1979 conversion 95 Vi 97 98 134 June-Dec PYfpnrlpf footnotes, 95 % May-Nov June-Dec readj readjustment assented 78 % 85'A 81% Brown Jan-July 1953 Caucn See Cauca IA Warsaw 59 35 3 Boeing 95 19% Jan-July 1971 external external \18A4Vis ext 84% 92 89 Consol 139 June-Dec 1981 1963 conversion 37As-4'/8.s4,\s 48-4Vis-4Vis 83 Vi 91 Vi 89 debentures Celanese 1961— readjustment 88% 83% __ 94% 3s Corp— Consol mortgage 2%s series I 1970 97 126 Jan-July 1968 to Fruguay (Republic of)— 3%s-4s-4'As (dollar bond External 89 97 *96 _June-Dec 1971_ '27 87% 80% 99% 100 Bethlehem 80 Ltd— extended 71% 93% 4%s 107 94 134 . loan 1961 10 __ 99% 1973 debentures Power 154 139 l<J58______June-Dec Tokyo Electric Light Co Ltd— 6s May-Nov 1968 extended 78 AInc 93 97 June-Dec Co 78 81% 94 Borden *95 (interest i April-Oct (City of)— A5Vis 8Vis Power 76% [284 Co 1969 City Electric 6%s 63 June-Dec Italy Dev Fund 5V2s A5Vis 5 Vis Tokyo A 7s 1 84% 69% Mar-Sept 4%s Ltd— to Dec Taiwan 93 Jan-July May-Nov 4Vis 5Vis 77'A 20 1962_ApriZ-Oct Aprll-Oct debentures Tobacco debentures Berlin 70 70 80 -Jan-July _ 5Vis Southern *76 Jan-July 1968 external assented Africa 56 74 Jan-July Berlin (interest 1952__ extended 83% 72% convertible Beneficial 70 107 __„___Jan-./uZy_Mar-Sept A external f s 82% 73% 100 Beneficial A 2004 Co 33 Jan-July April-Oct , 100% 1st 80 58 (interest 1956 Plan Shinyetsu Electric Power ApriZ-Oct 72'/? 106 First lub2 secured 46 May-JVou 3Vis (Kingdom)— external B 107'A 79 ApriZ-Oct 4%s 94 j4b May-Nov 1999 2012 Slovenes secured A7s 80 78% 1985 Baltimore 55 Vi 57 1957._May-Nov Plan A Plan to 117 116 Vi 117 78% Feb-Aug 1983 }47As 70 -___Jan-July loan 2%) 117 Telegraph Co— debentures 4%s (interest 1999 to —Apr-Oct 63% 89 Debt — to Plan 2.25%) dollar 470 50% 81'A 1st *80 May-Nop loan pursuant reduced Serbs water pursuant reduced A6s A 2.5%) to 260 51 1st be - : I 2.5%) 15 88% 5s 86 71 63 Vi *64 Vi June-Dec (interest fund pursuant pursuant reduced A Plan of)— 453 Feb-Aug Mar-Sept Avco 78 90 Vi May-Nov 2012_^ (Interest reduced" to IA 8,5 external 1950 58 462 56% 450 71 debentures 1st 55 A 2001 to 2%) 57% 94 54 79 3'As. May-Hoy sinking pursuant reduced 95 94% 1st 74 __ 55 April-Oct rl.ui 2.375%) secured Stamped ic 65 103'A 86% Gen mortgage 3%s 89% 79 55 86'A 100% 09% 74 15 38 62 Vi ■ 91% 91 104 * 103 64 103% 71 Atlantic 69% 57 91 104 99 95% 90 5 Gen 16 Vi 53 92'A 67 -Gen 16% 11% 58% Jung-Dec 1952 pursuant 51 76% Atlantic (interest 1952 8s 29 97 Vi 100 __ 95% 92% Consol lASao Faulo 98% 101 Vb 98% 89 — Plan to 9 76% 4Vis ____June-Dec pursuant reduced 93 Vi 91 Vi Atlanta & 15% 14 11% 14 .-June-Dec 2.25%)2004 stamped 93 Vi 99 76% Stamped 16 10% 12 Vi (interest to 100% - 92% General Aprll-Oct 1968 A 94% : June-Dec 5Vis 87% 13 % *11 Vi April-Oct gold Plan 42 1971 Atchison (Interest 1999 fund to 99 1973 debentures 5%s 87 Va *13 (Interest 1946_ Plan 85'A 98 ^June-Dec 4Vis 87% of)— 1921 81 Vi 1987 1st Feb-Aug 7 1982 Associates 60 83% 83% ____Feb-Aug A 85 debentures Armco (interest Aprll-Oct Plan to sinking external IA Rome 57 Vi A — 1980 94% 96% • debentures 3s 101 Vi 57 1946_____- April-Oct A debs 65 87 18 V Feb-Aug %, 1984 102 83% __J«n-July Plan 2001 to pursuant reduced 1967 96 58 33 __ Jan-June 1975 Baltimore (State loan internal Stamped 96% 96% S 123% 111 92% Co— 1980 1986 4 2012 pursuant reduced Ts 7 57 Vi M«j/-Nov 8s 6Vis 2%) external Stamped A7s 13 92% 98% Jan-July 2030—Mar-Sept 1990 A 2006 Plan 2.375%) to do Stamped 97% Jan-July 1973 of) to pursuant reduced A6s 5%s secured Stamped ^ 1950___Jan-July 2001 to 2.25%) (City pursuant reduced IA8s 97 Vi 107% 97% Co— subord debentures American 101 Vi 93 Vi 1 80 50 92Vi ApriZ-Oct 1977 96% 85 April-Oct June-Dec 96 __ 4%s Nyasaland— Stamped Grande to Optical debentures Armour 95% 100 Vi 100% 1947-April-Oct Plan 2.375%) pursuant reduced (Federation of) IA Rio de Janiero Rio to stamped (interest to Foundry debentures Ann 95% __ 97% __ Jan-July 1966 93'/a 81 5s 100 98 95 Vi April-Oct April-Oct IAExtemal 1961 95 Va April-Oct 1968_: sinking fund gold 8s A4Vis assented 1963_^a——— Porto Alegre (City of) — 8s 97% 1961__April-Oct ____ & debentures 102%, 97% 97% June-Dec 1940 1958 92% 91% 84% v:: 4%s 100% 98 Vi 91'A 76% ■ *96Vi __ "1 88% .__ w 1988__ debentures 5 Vis 1;)60_ April-Oct 1970—May-Nov April-Oct debs Telephone & Anheuser-Busch Mar-Sept Mar-Sept 1959 1980 1990— J3%s debentures 99% 99 Vi 92 88% *91 Vi 2%s (interest 7s 3%s subord conv 3 Vis 2 High 3%s debentures 104 98% 99% Low 2%s 49% 99% *99 Vi 100% Year I960 fo. 2%s ■«. Mar-Sept 2008 external s extl A Co 2%s 48% 75 June-Dec 1947__ Plan debs debentures 2%s 48% June-Dec 7s to "89 Jaw-July 1975 1980 3s Machine American 15 3% 2%s May-Nop 1975 of) extl 1968 1973 2.125%) (Republic A Fat to extl external : 4%s Foreign Power debs 5s junior debentures 1987 American Mar-Sept Mar-Sept May-Wou 1958 RR & conv 3 Vis 1963 extended 5Vis lAPernambuco (State Stamped pursuant APeru to (30-year; Can American Feb-Aug 1953 debentures debentures 4.80s Ltd— extended loan due (City Co (30-year; 1967__May-Noi; 1972 Mar-Sept subord conv Airlines American 100% 163 % Jwp-Dec 1952 f s American 5s "50 Vi Range for Sold __ -v Oriental 5s 3Vis 3%s Chemical & Dye 3Vis debs 1978—_ApriZ-Oct Co of America 3 %s 1964 Feb-Aug sinking fund debentures 1979 June-Deo ,%4Vis 220 198 April-Oct 1963 Susquehanna Inc RR mtge 1984 4Vis sinking fund debentures 1982 3%s sinking fund debentures 1983 Aluminum Co ox Canada Ltd 3%s " 92% 218% April-Oct loan 1st 3 Vis , June-Dec 1973 & American Mar-Sept 1965_ mortgage 3s , 157 4 (interest 1970 new loan Municipal Bank 90 Bonds High INDUSTRIAL COMPANIES Allied 90 Friday's i—Apr-Oct 124% 122 % 125 Allegheny Ludlum Steel 4s conv debs 1981_Aprll-Oct 103 104 Vi Ahegheny Power System—See old name of West Perin Electric Co Allegheny & Western 1st gtd 4s 1998 April-Oct 67% 67% 67 Vi 78 106 Mar-Sept 2008 external Co (interest 1959 AND Aluminum Mar-Sept 6%s Southern fovver 1st Aldens 100 1958—Mar-Sept sinking fund old 4V/4S 1965 f s sinking 75% 41 April-Oct 6 Vis 2008 (Govt) 5 Vis (Kingdom of) — • Vis 75 Jan-July Plan Zealand 4s 76 Great AJauaum ,v Albany 90 76 74 May-Nov 1952 fund reduced to 2.125%) ASecured extl sink fund External 35 :-.4\ •' — sink pursuant Stamped .• _.._____May-Nov to 1978 6Vis (State) extl Stamped Norway 75 Va 74 (State Mtge Bank! 7s 1957__April-Oct (Colombia) 6Vis 1954 June-Dec 3s • or Bid & Asked 93% 39 Vi 26% 97 Vi Feb-Aug __Feb-Aug IA Jugoslavia AMedellin 78 26 %..• Mar-Sept Jan-July (Imperial Government)— extl Vis 5Vis 30 Vi Week's Range Last Sale Price Low Alabama Jan-July Period 109% 27% .June-Dec (Government of) 53/4S 1974 Japan 5%s extl s f 1974—______ due l 36 * _Jan-July Jamaica • Vis 85% 32% 97 ii n Jan-July Mar-Sept - ext lAItaly (Kingdom A6 J/2s 4 Interest Exchange High Utility Institute— gtd Japanese - BONDS New York Stock RAILROAD 1 April-Oct Italian Credit Consortium for Public Works 30-year Low 101 Vb April-Ocf & Italian No. 85% May -Nov 1968 (State Year i960 30 1964 paid lAHamburg 7s 101 Vi Government— A 7s A6s Range for Sold High Monday, January 23, 1961 . Friday Bonds 1930— of 3s Greek Friday's Bid & Asked (continued;— International New or. . f« we.k Ended January 20) Week's Range East . <• Jan-July Jan-July 1984 ___Jan-July 108 85'A ;93 Volume Number 193 6023 . . The Commercial and Financial Chronicle . ' (401) NEW YORK STOCK EXCHANGE. BOND RECORD BONDS Interest New York Stock Exchange Period Last or Sale Price Ohio Ry gen 4'As 1992—Mar-Sept lmpt M 3%s series D 1996—May-Nob lmpt M 3 Vis series E 1996—Feb-Aup & Refund and Refund and Refund and impt M 37/bS series H 1973—June-Dec R & A div first consol gold 4s 1989 Jan-July 85 Va Chicago Si Eastern 111 A 5s income debs May-Nov May-Nov 2054_ Jan Chicago Si Erie AGeneral A2nd 51 50% ' — Inc debs series A Jan i 5 Vis 71 59% 94 28% 82 70 70 36'A 81% 60'A 56 74 29 36% 36'A 62% 1 ; 61 'A 19 56% 57% 127 mtge mortgage First Chicago lst Rocl: 57'A income 1st 3s series B Pacific series 1,009 49% — -- 60 — 73 Jan-July —Mar-Sept „ 1983— Haute & Southeastern 73 *95 101 3 71'/? and Income a 79% . . .' 75 First mortgage 3'/as First mortgage 27/8s Power Si 1st mtge Jan-July 1963 Jan-July 1982__—_May-Nov Cincinnati Gas Si Elec 1st mtge 2%s 1975_AprfZ-Oct 1st mortgage 4Vis 1987 May-Nov Cincinnati 55 97 62 92 98 96'A Financial T 4 Vis debentures -■ 1 gold Si St Louis 1993 4s 93'A ■".Ir-V" Electric First mortgage mortgage mtge Illuminating 3s "l 94 1985 81% 19861 3%s mortgage 1st rr 3s Short 62 first Line & Iron 1961 gtd 4Vis debentures 3s 59 1 debentures series 1975 A series series 78 _ _ V 91% 90% 21 81 84% V';,; 88 3Vis debentures series D 10 3%s debentures series ■ 96 9g *86% 88 '. —Mar-Sepf E 1980 F 1981 G 1981 5 Vis debentures series II 1982 June-Dec I 1982 .April-Oct J 1983 Mar-Sept series series debentures series 53/bs debentures series 5 Vis debs O series ref ref 99% 10 93% 98 59 59 *28 31 — 47% 16 . Western Si M series C May 2042 1 __ ~ May-Nov 46 Va — 1985-May-Nov 4 57% 64 24% 45% 43% 1977 tr 3%s *49'A 1985—May-Nov April-Ocf 1973 54% '-:y ■ *84'A 54% 42 'a—i*/1' ■ 86 51% 80% 86% ' ' — _ 84% — 84% ' _Mar-Scpt 1988 48 *45 __ June-Dec 77 Juue-Dec " 5 92 — 77 92 5 87 79 83 19 82 86 11 84% 92% 1993 H 1970 series K 3'As gold N series 4s J Ry 82 *74% 76 1985 Mar-Sept 4Vis 4s conv 5s s f Co subord debentures Dresser 155 75 79% 10 80% 87% 3 66% 66% 37 70 97 % 100% ' *66% May-Nov Duquesne Light Inc \ ■ 99% 100'A 100 1st mortgage mortgage 23As 1st mortgage 1st mortgage 33As mortgage 4'As 1st 5s f s 70 67% . 68% 87 „ *92 — 92 1977 Feb-Aug 81% 80'/a 82'A 159 75 April-Oct 4 Vis 2%s 1st 101 *68% Mar-Sept April-Oct 88% 88 89 23 83 99 98 S3 99'/b 41 94% 1961 May-Nou Jan-July 1982 23As Co 1976 1983 debentures debs Industries 1977 conv 1977_: Feb-Aug 1988_! 1989 95% 95% 83 85 82% 25 76% 82% 74'A 87% *— 89'A 97 -Jan-July 96'A t 99% 221% 97 77% 78 April-Ocf Mar-Sepf Mar-Sept A 96% 165 81% ,• 85*4 53 , April-Oct 1986— 2010 81% 170 94 95% Feb-Aug Apr-Ocf 1979 167 168 Mar-Sept 1980 3'/2s debentures ,130 Eastern Gas Stainless 5s Edison El 111 90 Vi Elgin 84'A 91 El 90 84 91% 85 92 102 102 106% 106% 22 103 104% 23 98% ^• 88'A 11 108% 104% 99 103% 94 106 106 'A 17 100% 106% 104 105'A 46 101'A 103% Joliet Paso 5s Associates Steel 80 61% 87% 89'A < \B7-';':,'; 30 83 95 12 89 100 105VV-n>' 21 104% 101'A 106% debs Eastern stamped 1965 May-No» 1973 first (N Y) & 3 Vis 96'A 96'A / 90 97 Corp— 1970 l965_ 3'As first 5s 1965 —Mar-Sept April-Oct April-Oct 106'A 105 106Vi *102 gold 5s 1995_Jan-July cons Ry Southwestern & "85'A . 115 98 101'A __ 84 — 101% 101'A 101 Vi 115% 107 87'A 99'A 102% 99'A >101 102 Supply Schwaben— Energy 5'As Erie Fuel & subord conv 87% 14 101'A 102 129% 85 70 1978 2.35s subordinated 3s debs 90% 25 Inc— debentures Chemical Dow Corp 4s Aircraft 77 174 ' Gardner Douglas 81% 91 -78 66% 85 1961 83% ' • ■ , Detroit Tol Si Ironton RR 23As ser B Diamond 87% 12 97% *78 __ May-Nov 1995—Ju7ie-Dec 4s 69'A 3 159 158 June-Dec Tunnel & 158 Mar-Sepf 1980— — 160 Mar-Sepf 1984 71 • 85% 85 Vi 8 5'A May-Nou Feb-Aug 1971 lien 89% 89 Vi 1969 O 1st 77 80 *78% *75% 1995 Terminal 83 83 1982—Mar-Sept I 1976 series Detroit 83% *80% — June-Dec series debentures 27/8s Ja7i-July 4Vi% 2018 April mortgage (3% interest) 1993—_Ja7i-July A 2%s 2%s Mackinac 5 101 *95% series mtge fixed income refund ref Si 84% 104 — interest) series 3s RR— (3% A 3%s series ref & 84 106'A . Western series & 83% 95'A 101 ,—Apr-Oct 1985 Div 1973—_May-Nov May 1993 debentures 2 yyy ; 90 90 May-Nou April-Ocf 1984 N *90 „ April-Oct April-Oct : 1983— K 85% 98'A convertible 2 90% series debentures 91% 90'A series 95 88 ' •^•184* 86% debentures 87% 95 98'A 100 - 'A" 86% debentures 2 95 *85 Vi 1963 1980_i convertible Second 93 92% *99% 100iH >' 98 86% 3%s debentures j 82% 87 ' a. 86% 4%s 106% 91 Gen 74%"')f78 90%';C-60flA Jan-July 1979 104% 101 3A 82% contingent and Si Detroit 72 80 80 *96 'A' ■1 83% 69 *76% 91% 75 81 *78'A *71 April-Oct j, 100% 4 98 'A extended 33As 64 81 ■ 1% Si 3'As 87 % 54 y'- ■ Feb-Aug 1977_ C 5 103 ~7 3Vis Lake Edison Gen ' .June-Dec 1975 B debentures 4%s 71 71% 45 59 *81 1977-,.—Jan-July 4%s 102% 102% 103 95% 23/is Eastern Corp 3%s 4%s 82% System Inc— 3s 5s 101 75 - 87'A 73 . Fuel 95% 62 *85 May-Nov Mar-Sept ApriZ-Oct April-Oct 1989 84 92 47. , 82% 72 72'A - —T-._. mtge 3%s 1993 mtge 4%s 1994 Columbia Gas 92% 87 *65% Mar-Sept ; 75 70 102% 95% tr mortgage Gen 97 78 40 100'A 100'A 82% Ry— June-Dec 1970—Jan-July June-Oct 3s i 1982 2%s 1st Cleveland 85 91 June-Dec 1 1993 B 83% May-Nov Si Western RR Co— » ' Grande Salt & General 97% 78 83 93% 100 % —^Jan-July 1977 60 76 77'A II 95% 4-6s contingent Denver 97'A 91% 1 95 83 .-I' _ April-Ocf f debs Chicago s series 5s Cleveland Colorado 90'A *92'A impt 4Vis series E 1977—Jan-July Cincinnati Wab & Mich Div 1st 4s 1991-Jan-July St Louis Division first coll trust 4s 1990..May-Nou 1st 9 11 89'A $ Refunding and 1st 83% 29 ■ General 1st 94% *82'A 1 , Mar-Sept 1970 debs 100% Feb-Aug trust coll & Rio & Gen 1971 Cincinnati General 3%s Corp Cities Service Co 3s Cleveland 96 94% 94'A A mortgage gtd 33/as series E 1969—Feb-Aug First mortgage 2%s series G 1974 Feb-Aug I 97 Vi 96 G First C 76'A April-Oct 1983 Light 3s coll mortgage Income 64 54'A Terminal— Union Si coll 1% , 1963 F series 99 3A 2 Division— mtge First ... series 9% 10 82 »A Division trust mtge Denver 102'/. 58% *54'A — ' :;:'V *56 Jan-July RR 43/as 10% 93% "82% J an-July 4s refund Essex 1st 83% 97% — Ry— 2^4S-4'As 1994_Jan-July Station— Chicago & West Ind 1965 1977 mtge Si coll tr 4Vis series B fixed Union 4 3 9 75 May-Nov mtge & coll trust 5s series A Detroit Chicago 42.. 82'A Mar-Sept debentures mortgage due & Delaware 73 5'A 95 3A ' Feb-Aug C 12 Mar-Sepf 1st 63% 3% 5'A 1003A 1003A Feb-Aug > Lackawanna Collateral 60'A 3 Vi 2 Jan-July 1982 1987 5s Hudson 1st 1995 refunding mtge 2%s-4V4s 1994 59 3A 57% 12 95 1975—Apnl-Ocf 1984 debentures Pennsylvania 68 Low 5% 4'A 4% April-Ocf 5 Vis .1990 23/is York First RR-*- ser and Income 1 1980 A 59'A 1999—April Jan-July 1989 debs Terre First Jan 5Vis mtge Chicago 4%s 27/as mtge 4Vis inc & Co Morris 66 Year 1960 >. No. 5% 5 1986 1st Mar-Sept 2055 1 conv Island 3Vis 3s debentures subord New 86 50'A debs 6s Range for Sold 5 " June-Dec 1970—. Bonds High 4'A Apr-Oct Lackawanna 78% 55'A , B 1980 & 47'A 75% . 60% Co 5'A —June-Dec 1970 A series Delaware A *77% debs mortgage 3 Vis 58 24% ■ 4 series 4s Delaware 34% —. ,-<■ 76% 4s ref mortgage 4Vis Chicago & North Western Ry— A Second f Deere Si 74 73% 27% '. & mortgage First 85 Vi 70'A ref & mortgage 1st Friday's Incorporated— s 1st 85 78'A 77% or Bid & Asked June-Dec Dayton Power & Lt lirst mtge 2%s 1st mortgage 3s 1978— 95% 49% ■»■ *80 April 2044 89% 45 Week's Range Last Sale Price Jan-July 1970 4s Publishing Daystrom 80 31'A 30% 1 '. 77% lien A Curtis 84% '■ 76 General mortgage 4 Vis inc ser conv increased series B Jan 80 77 ~~ Period mtge 4s June 30 1970 equip lien First *25 4Vis A 5s 7 10 *63 1994^_— A 83 80 Jan-July A Jan 2019__April series 4s 85 80 1st & A 1st 80 yy> inc mortgage 94 — 83% mortgage 4Vis inc ser A Jan 2003 —April Milwaukee St Paul & Pacific RR— First 85 88 *90% mtge 4%s Jan 1 2038 April Chicago Indianapolis Si Louisville Ry— A 1st mortgage 4s inc series A Jan 1983—April Chicago 79 *80 y. RR Imp 3 .y- -- 80 1988—Jan-July A A 84'A 1 90 83% May-Nov 1st gold 5s 1982 Great, Western 4s series A Cuba 100% A 1st . Interest Exchange Low 15 85 % April mortgage inc conv 5s 1997 mortgage 3 %s series B 1985 Chicago 79 93 *80% New York Stock High 93'A RR— AGeneral First Low 15 93 -- No. 17 *82 consolidated gold 4s 1989 Jan-July Chicago Burlington & Quincy RR— First and refunding mortgage 3'/bs 1985—Feb-Aug First and refunding mortgage 27/8S 1970-Feb-Aug 1st <b ref mtge 3s 1990Feb-Aug 1st & ref mtge 4%s 1978 Feb-Aug Year 1960 85% 84% - BONDS Range for Sold 97 85 % Second Bonds High .95'A . Friday Friday's Bid & Asked Low Ctoesapeake (Range for Week Ended January 20) Week's Range Friday 29 debt RR adjustment consol 1964—April-Ocf First, consol mortgage 3 Vis ser F 1990 Jan-July First consol mortgage 3 Vis ser G 2000—Jan-July A5s income debentures Jan 1 2020 April-Oct Ohio division first mortgage 3'As 1971—Mar-Sepf mortgage *90 98 28 29 >82 85 80 % 84 *41 Vi 47% 40 51 41'/a 41'A 35 38% 49% —26'A 27% 117 20% 48% 82 83 Ja7t-July 1973 mtge inc 4Vis ser A Jan 2015_Aprll Co gen First 3'As ser 29 E 27% 94 596 25'A 97 43% ' 3 %s subord Columbus debs conv South & 1964 Ohio 1st mortgage 5%s_, 1st mortgage mortgage 4Vis Combustion 90 1983 ——1986 —_Mar-Sept *86 3%s subord conv First 1987 mortgage 3s : *93 — 98 91% / 86 — 88% 91 ■ .1. I. 86 88'A — — *88'A 95% Fansteel 43As 1981 June-Dec 94% 85 97 107 84 97 Feb-Aug 85 15 88 104 Co- June-Dec 84'A 76 1999 sinking fund debentures April-Oct *75 „ApriZ-Oct 74 24is s f debentures 1999—-— 27/as s f debentures 2001 April-Oct - 80% 78 '84% 68 "• —-w 7 6'A 70 debenture 5 74 % First refund and refund First and refund First and refund mtge First and refund mtge First and refund 1st and 1st & ref ref M M 1st Si ref 1st & ref 1st & ref & ref mtge 3 Vis 3%s M 1st mtge M M 1st & ref M 1st & ref M 1st & ref M 4s 1st Si ref M 5Vbs 1st 4s ref Si 1st 3s M ref & ref ref 1st 27/8s 1973 mtge Consolidated Natural • Consumers 2%s 1968 April-Oct debentures Oil 27/8s mtge 4%s "85% *103% 103 103 'I — 97'A — April-Ocf 1 3%s debs debs 1965 1976 April-Ocf —May-Nop 1984 • — ~ 84% 113 113 "4 April-Ocf Feb-Aug Jan-July April-Ocf 1 debentures 84% Feb-Aug 1989 3s 90 114% 148% ' ' . — 88% 8 4'A — - 98% 92 Vi 83% 91'/. 81% 3 85% ' •' - 80'A — I.. 98% 103 1 99 37 2 " 100 92 100% 85 103'A 105% 101% 106 85 'A 28 79% 86% 114'A 119 109'A 113% 102% 103% 8 97% 105% 99% 8 92'A 102 98% 101'A 101'A 4 96% 101 % 88% 95% ■ *95 __ *86 — 101% 102'A - — *82 'A 10 83% „ 84 100 VB 79 89% 101% 84 Corn conv subord Products Co Crucible Steel Co Cuba Northern A 1st 45/as of Am subord 1st 1979_ debs June-Dec 1983—April-Ocf mtge 3 Vis *66_May-Nov 99 103% 99 103 *90 V4 100 86 — - . 109'A 59 103% 92 97% 104% 'T- 89 90 Rys— mortgage For debentures 4s Rubber F) 43As Co Northern first Co Ry series 5s General 4Vis 1981 5s Gulf conv 1983 Co— C 1973 series 1976 D Financial subord Mobile Si 1st 5s & inc M debs 1st 1st 1st (1942 series) 1970 see page 31. June-Dec 6% 7% 29 3% 12 Hertz 95% 88 Vi 93 2,792 debentures 3%s series series A mortgage 23As 97% 102 98 88'A 96 29 83% 92% 131 84% 92% 96'A 83% 90% first 66 99% 93 115 86'A 104'A 105 ."92'A u 103 104 120 97% 105% 104'A 105 151 101 % 106 y. 99% 98% 99% 96 99 89% 89% 90'A 7: 86% 91 82 82 5 80 170% 168'A 171 23 148% 216 174'A 174'A 178 51 154 222 104% 99 390 . — 94% 112 104% June-Dec 2056 1976 95% 102 97'A Mining Corp 4'As 1970 Corp 4s conv subord debs 1970— Jan-July Jan-JwZu 95% 91'A 96% 103 6 92 Va 96 101% 102 49 100 Va 98 116 87'A 97'/a 114 51 103'/a 115% 95 Va 96% 112 95% > 3 101 'A 101 104 97 97 6 92 101 67% 67% 5 65 71% 61 70% 103% 103% *62'A 67 % — 12 65 142 70 56'A 141 153 69 70'A 13 68 75 56 56% 32 54 60% 81% 84'/. 61% 70% 73'A 77% 87 87 y. *84 % 63% 57 104'A 125 146 68% 55 67'/a *56% 62 *78'A May-Nov J an-July June-Dec May-Nou June-Dec June-Dec mtge 2%s 1976—Mar-Sept 145 *92'A May-Nov 1980 80 *101 Vi nn G 95% 104 Jan-July Jan-July Jan-July Jan-July Jan-July Jan-Jr.ly June-Dec 1974 92 Va 107 105 62 63% 81% *87 *76 1980 mortgage 3%s 1981 mtge 3'/as 1982_^ mortgage 3%s 1983 Water 100 & 100% 103 Ohio RR— Utilities 2%s 1st mtge debentures 1969 Hackensack 90% 6 93 Corp— Gulf States 3s 48 94 '/a 93 102 % 91 mortgage Inc 5s ser A July 2015 ref 209 94% 90 April General mortgage Inc 4s series B Jan 2044—April General 156 8 93 'A ' 98 10 101 90 104% 23As mtge mortgage Western 13 90 AprZZ-Oct —May-Nou 3Vis series N 1990 General mortgage 3'/8s series O 2000 General mortgage 23As series P 1982 General mortgage 2%s series Q 2010 Great 1001.V Mar-Sepf — debentures 43As General General 93'A. 93 135 ' 210% 210% 101 92% 107 — 1 ' 97% 100% 88 91% 1965—May-Nov 4%s s f debentures 1985 —May-Nou Grace (W R) & Co 3'As conv sub deb '75-May-Nov Grand Union Company 4Vis conv 1978 Jan-July Great 133 96% — 90% Ja?t-July 1979 3'As debs 1980 Harpen footnotes, & (B »— 96% 93 90 88 3 92 95% Mar-Sept Mar-Sept 1982 Corp 3.20s Shoe Co — 91'A 89'A Telephone 4s conv debs 1971 May-Nov convertible debentures 1977 June-Dec General Time 43As conv subord debs '79—Feb-Aug Gliddeu 54 91 *88 — 89% 4'As 1st Copperweld Steel Co— 5s Motors Tire 67 33 95% General 268 112 •'-r- 103% 103% Mar-Sepf 1975— 1975 1985 Co 136 ' Feb-Aug 1988- 4%s 104 69% 4 4'A 91% Mar-Sept Mar-Sept 1979 debentures 107% 102% 313 4%s General 68'A 41% Feb-Aug 1977— debentures General 236 112'A 114'A 88 'A June-Dec 1987 Continental 99% *85'A Feb-Aug 3s 103'A 17 *89% ; "I Mar-Sepf 4Vis Co 126 103 102% 99% 84% 89% Mar-Sept Mar-Sepf 1975 debentures 106% 154 100'A 85% 88% Jan-July __Jan-JuZy 1972 debentures debentures Goodrich May-Nov 4%s Baking 87% 100 76% mortgage Can 34 26 Mar-Sepf 1981 • l- 105% Jan-July 1976 1980 debentures 70% mortgage Continental debentures 5s *74'A 1986 1983 Continental 5s 106 90'A 100% Jan-July X 1982 45/8s 101'/a 27 82% 1st mortgage 4s 84% 1st 1st 92'A 75 Gas first 5s 76% series debentures 3%s 84 1985— Power Convertible 3'As 88 24 98'A 82'A 102'A 103% 68'A 41% 103 debs 1864 82% I-'; conv 1969 88'A " 97 debentures debentures 91 86 1982 debentures Ji 133 — Feb-Aug debentures >' 88% income 1961 79 "• <■ 1978 4%s "li.:' ' *78'A —June-Dec 5s W. April-Oct 1976_ debentures — 1976 1979 debentures V 1981— debentures 5s 3s 81% ' Ic-.-- 114'A June-Dec debentures 47/8s 23As 88% (Bait) — Jan-July Power Si 3Vis debentures 87% 79 115 39 99 J J Acceptance Corp— debentures General 3 Vis 3s 84'A 79 ^ 105% 106 106 Feb-Aug T U 2%s f s Motors Corp— 1984_ series series General 3 ■- 97'A 105 9 6'A June-Dec : r. 105 June-Dec 1990 Light 27/8s 104 Ju?te-Dec debs El 96'A 97'A 105 June-Dec 1989 Q Gas M M jU7ie-Dec 1989 P 1963 subord conv ref 1988 '• —April-Ocf April-Ocf R ser 85 79 89% Electrodynamics Consolidated 1st *87% 1986 O 78% 85% ' debs Foods 18 86% *84% v 3%s Electric General 15 May-Nov 3Vis General 89% 87 'A *85'A Feb-Aug M series 4%s debentures conv Consolidated 1st 5'/4S M 86 'A Jan-July May-Nov series debentures conv 4%s series ■V..A ' a June-Dec 1983_, 1987-; N 86 3 April-Oct Co 80" 5Vis Co 99 J2 :'84 Texas— 1984 1981—May-Nov debs 1987_Ju7te-Dec debs 1976_ May-Nov 87% 37/as 1982——May-Nov deos 1976 of Co Transport 4s 73% 75 86 86 ___ 4%s Corp Cigar Amer 80% 82 »A 1984 1986 series series 84 8 4'A Mar-Sept L series 4 Vis : Gen —".I *82'A _ 81 80'A . •Vl'\ Ry debs subord Jan-July 2011 Jan-July 1979——ApriZ-Oct 1980 Jan-July a ser debs 4'As Oil American conv General 86% *81 _ 71 80 'A Z 86% 86% Inc Denver 4 *78 *85%' 86% May-Nov 1981— 1982 10 79 K~ 1985 J series 33/8s G I series 3%s A ser H series 33/8s 5s series series 3 Vis M 78'A 1982_Mar-Sept ser B 1977_Xpn'Z-Oct 23/is ser C 1972_JU7te-Deo 3s ser D 1972 _May-JVo« 3s ser E 1979 Jan-July 3s ser F 1981 Feb-Aug 23/4s mtge 25/8s mtge 2011 inc conv Gardner-Denver 4'As conv 43As Consolidated Edison of New York-— and Si 32 124% 126% 99% Co-— A 4s 126% May-Nov Ry conv Dairies Worth General First 5 Vis Stores Foremost Fort 1961 1977 series 5s mtge Fair April-Oct May-Nov Ja?i-July 1976 debs 1972 Coast East mtge Food debentures Rubber 3s & debentures 3'As 1st Tire Corp— 74% 69 74 *74% — 87 subord conv 2%s 2nd * Metallurgical Firestone Florida series L 1977 series N 1978 3s 91 85 1 90 .. . debentures Edison mortgage First 3s —; Engineering Inc— Commonwealth 98 *95% 1970—May-Sept 3%s— 1st May-Nov . 3Vis Elec __ 7 7'A 80 __ *84 — *77'A — ' 87% 77 ya 78% 77 81 81 I ! 80 80 77 74 ■ 80% 81 —— 90 262% 30 (402)' The Commercial and Financial Chronicle . . Monday, January 23, 1961 . NEW YORK STOCK EXCHANGE BOND RECORD <R ange for Week Ended Friday BONDS New York Stock Interest Exchange Period Week's Range Last or Sale Price Friday's Bid & Asked Low High Authority Coal 5%s 5s secured 5%s 5s (11th coll conv 4 VaS 4s April-Oct 1978 4%s Jan-July 95% 1999 10 947/8 Jan-July 95% 98% 96% 105% 89 100% 23 97% Apr-Oct 4%s debentures debs tr P'inance 104 *94 115 Mar-Sept 114 129 Prior 99% ACum 120% Missouri 109% 47/es § A 1970 Jan-July Mar-Sept debentures 1978 Jan-July Jan-July mortgage RR 3s 5s A 1957 i«b7 3%s series C 1074 Ry 3%s 2%s debs 1st mortgage 4Vis series International 3.65s Tel Interstate 3Vis subord & Tel Oil f s 4Vis B C ser 85 105 101% 1979_Mav-Nov Fab-Aug Chemical 47% 1 74 13 .. 81 76% debentures Co mortgage debs Jan-July '83_May-Nov series Circuit Breaker Jersey Central 1977 A 1978-! 85 1 83% 81. 83 • 83 % 75 75 *74Vi 76% 77% *72 —' 69% 72% .*66 66 *215 —— — *85 90 87% ■83% 94 101 96% 8 1011/2 5s income debentures Jan & Royal 4%s Dutch 17 96 101% 100% 101 65 98% 101 921% 92% 261 Railroad Morris & 1982 conv A 2 93% 84 161 *86% *96 debentures Michigan Ry 4s NAFI Terminal Kayser-Roth 5%s subord ApriZ-Oct 98 *69 75% 68% 68% 95 98 Vi 84% 98% *79% *88% 55 90 118 74% 1979 2%s Mar-Sept ApriZ-Oct 1976 97 96% debs 3s 94% 82 Dairy 77% *77 77% 80 Apr-Oct 81% Steel 1st 1980 Jan-July 109V4 105% 109% Jan-July *77% 102% f s 97 Vi "2 93 % 1 1 Vi 2 % 123 86% debentures 121 1st Term sinking fund 37/is Lake Shore & Mich 3 Vis '97 June-Dec & ref 60% 5s stamped 1974 *iehigh Valley Harbor Terminal Ry— 1st. mortgage 5s extended to 1984 Lehigh Valley Railway Co (N Y)— 1st mortgage 4 Vis extended to 1974 60% 64% 79 58 Series A B 58 62 22 49 64% 57% 18 45 57 48% 50 9 48% 48% 1 Series C fixed 5s interest 2003 May-Nov contingent interest 2003 May contingent interest 2003 May Series F 5s contingent Interest 2003 May Lehigh Valley Terminal Ry 5s ext 1979 April-Ocf Lexington & Eastern Ry first 5s 1965 April-Ocf Libby McNeil & Libby 5s conv s f debs '76_June-Dec Lionel (The) Corp— A 56 Vi 561/4 56% 1 32 31% 32% 48 18 34 34% 33% 34% 9 19% Lake Series D 4s A Series E 4y2s A 35% 35 % 11 20% 5 Vis subord conv Little Miami Lockheed 4.50s Lone RR 4s Aircraft Gas 1980 1980 4%s 3s (P) Co 3s debentures 33/4S New & First & 100% 113 98 150 98 87 — 134 *94% 98 92 98 *91 % 93% 84% 91% 88% 88 % 14 77 97% 92 92% 197% rMar-Sept F 2003 eer 1979 1982 mortgage 3 Vis 1984 mortease 1st 108 *81 Vi 79 81 -April-Oct Louisville Gas & Elec 2%s 1st 55 123 % 125% *91% 85% 91 RR— mtge 3%s 3Vis *96% 100 April-Ocf refund mtge 27/8s ser G 2003 First & refund mtge 3%s ser H 2003 First & refund mtge 3%s ser I 2003 St Louis div second gold 3s 1980 mortgage 20 1976_June-Dec First & 1st 108 D 1982 1978 Nashville refund 67 47/-« 1987 ApriZ-Oct ApriZ-Oct ApriZ-Oct April-Oct 66 % % 70 63 59 63% 79% 79 83% 68 68 77% * / 73% ' 68 Mar-Sept May-Nov Feb-Aug April-Ocf *68% 67% 68% *77 73% 79 75 77% mortgage Trucks Inc May Co 3 Vis f s debs Realty (J debentures McKesson A 5s 1977 conv Robbins subord debentures 143 3.10s s f 3 Vis debs 1973 1980 debentures debentures Feb-Aug Mar-Sept Mar-Sept 143 68 117 86 79% 9 98 N 81% *86 82 —«. *85% 81 __ 83% 99 . 85% 86% 96% 1976 see page 31. 98 *85% 101% 72 101 52 86% 83 • __ 101% 69% >81 38 72% 100 154 83% *74 _L *96 99% 84 101% ' PS • ; 4s 80 debs 1970 1982 104 37 49% 70 74% 78 85% N Y Lack Y A 1961 B 3s 1974 105 1998_ 3 Vis A series 4s Power A West B Y 1989 90 7 89 88% 5 83% 99% 100 4s 100% 4 85 891/4 88% 85 Vi 106 % 85% 2 82% 92 % 101 % 93% 14 84% 94 9 97% 104 94 112 101 Vi 102 100 106 % *100 135 110 100 u 100 103 865 99 10211 5 101 ft 72 83% 79% 86 78% ' I-' A 79% — 78% 2 83% 81% 60% 56% 56 % 57% no 53 _April-Ocf 59% 55% 59% 286 56 April-Ocf 65% 65 '/a 66 % 171 63% 63% 71% 93% 92% 93% 18 89% 96% 139 55% 63 51 56 51 % 57 57 % 58(4 51% 52% 54% 52 % 54 % 5 81% ~5 1975 19 . series A June-Dec 83% 77 81% 80% 87 85% 58 58 *83 87 __ 83 83 Jan-July *66 70 __ 62% 69% *66 % 70 63 69 Jan-July May-Nov 1973 RR— 4s. ser A 2007—Jan-July 4Vis ser A 2022—^.May Port Chester 4 Vis A Light first mtge consol 81 81 *85% April-Ocf May-Nov mtge *83% May-Nov ._. Hartford first 71% 75% — 85 71 % *76% -- '73_Jan-July 1975_Mar-Sept 1993_April-Ocf 2%s gtd 4s • 'J 51 % 51% 51% *53% I— 28% 58 24% 40 72 9 % mtge 1994 4s 83% *54% 84 % 54% 58 % 72% 77% 7 j. *63 Jan-July . Jan-July 2019- 60 Va Telephone 2%s series D 1982 Jan-July Refunding mortgage 3Vis series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Refunding mortgage 3s series H 1989 April-Ocf Refunding mortgage 3%s series I 1996— April-Oct Refunding mortgage 4%s series J i991__May-Nov Refunding mortgage 4%s series K 1993 Jan-July Niagara Mohawk Power Corp— General mortgage General 2%s mortgage 1980 2%a 1980 General mortgage 3%s 3Vis 1983 General mortgage Norfolk A Western Northern 1st Central and ref Northern 3 Vis 4Vis Natural f s 4%s . 1987 Ry first gold 4s 1996 general A series Gas ref A 1974 5s 3 Vis s f debentures f debentures f debentures 4"% 1 s s 5 Vis f debentures debentures 1 s Northern Pacific General lien 1 Coll trust Northern 4s First 1st mortgage First 2%s mortgage 4%s mortgage 4s Edison 1997 4s A 2047 ser First First Bell mortgage mortgage Oklahoma Gas 3Vis 1974 1982_. 3 Vis 1984 mortgage mortgage 1st mortgage Mathieson 5%s conv 2%s 2Vis Co Paper Gas A 2%s *81 86 81 10 94% 4 99% 90 Quar-./an Quar-Feb _Jan-July April-Ocf 96 93 91 89% 831/4 88% 91% 83% 102'% 102% 103 105% 87% 103% 89 95% 100 "95 102% 2 96 26 103 103 100% 106% 88% *101% 105 % 102% 87 87 88 13 59% 59 60% 94 56 89 88% 89 10 80% 90 92% 92% 6 82 93 83% 12 ~ 83 debs 4%e 82% '*82% *76 *97% 63% 78 *89% 81% 77% II 84% 76% 77% 77% 80 79 75% 96 80 89 „ 97% 93% 87% Jan-July 75% *100 165 123% II 165 165 1 I2IV4 124 143 June-Dec *86% 95% *75 Mar-Sepl 1984 106% 89 75% 101% 173 128 2%s 1975 76% 79 87 82 '/a 82 % 77 85 *78% 80% 75% 80 Feb-Aug 82% 821/4 77 83% Mar-Sept 82 82 June-Dec 88% 88% 99% *95 Jan-July 5Vis conv 1982—May-Nov Mar-Sent 3%s onv 72% 91 Mar-Nov 1974 1983 Co *79 Feb-Aug April-Ocf April-Oct 3s 1987 Electric 88 -June-Dee 1988—.—; - Pacific 98 104% 94% ' 1980 Chemical Oxford Mar-Sepf *88% June-Dec 1982 4 Vis Glass 104 ApriZ-Oct 1975 Electric subord Mar-Sepf April-Ocf June-Dec 1977 Telephone 3Vis 88 April-Ocf 1987 mortgage 3%s 86 83 Mar-Sepf Jan-July 1986 1988— 4%s A 1st 82 78 Feb-Aug mortgage 2%s first 73 87 *88 % May-Nov Northrop Aircraft Inc 4s conv 1975 Northrop Corp 5s conv 1979 Northwestern 81% *85 5 1979 mortgage mortgage 1st *79 % 2 lien 98 81 April-Ocf Feb-Aug 98% mortgage 2%s 2%s 1975 mortgage 89 74 97% 2047 First 1st 79% 78% 83 102% Co— Power first mortgage 2 93 % *78% 98% 1984- States (Minnesota 93% ; 93% — May-Nou prior 74% 97% 1979 Jan 71 12 12 *88% 1980 Ry 3s 20 83 % 100% May-Nov May-Nov Refunding A Improve 4%s 83 82 May-Nov May-Nov 1978 debentures 76% 81 86 100 83% 88% 1977 4%s 76% 71 75 ' 3 *91% 1976 s 20% 80 ——. 79% May-Nov s 1974 s 4%s 78% 85 % 79% Mar-Sept f debs 1973_May-NotJ 1973 4Vis *77% 1974 3%s debentures ■ April-Ocf . 1983 mortgage 65 14 ■ *84% ' 64 40% 63% . Jan-July . General 50% t *21 J/4 Jan-Julv Y 18%. 69% . 83 % — ■ 54% 51 406 12 __ 66% 46 — 28% 11% *68 56 6 57 28 12 — 10 Susquehanna A Western RR— 1st 85% 73% *75 __ 85% 98 57% 2000 conv lnc A 90 94 52% 2043 B 91 23 Feb-Aug : 1st A cons mtge 4s ser A 2004 AGeneral mortgage 4%s series A Olin 84 90% 1998 Feb-Aug 1998 3 Vis 1973 A Putnam Term Ohio 25 89% 88% Jan-July 3 Vis gold 2043 A refunding Y , 105 Feb-Aug 1997 gold 3Vis series Haven Y N 97 90% 88% 77 106 89 % May-Nov 109% 1041/a ApriZ-Oct colalteral gold 4s A 92% 74 Va 101% June-Dec Mar-Sepf 1980 6s debentures series New N N 245 Co— collateral Harlem 4Vis N 101% 104 % 101 % 104 May-Nov 1980 A debs 1988 1978 118% 118 June-Dec April-Ocf 92% 117% 119 194 117i/2 119 82 *91% 108 % 100 921% 112 124% 111% 124% 84 106% 108 »/2 27 94 101% 109 89% 96 P Co— ' 98 Vi 90 99% First A 10 81% 83% First A 94 19 88 % 96 First A 86 86 87 88 % refunding 3%s series I 1966 refunding 3s series J 1970 June-Dec \*96 June-DT *88 3s series K 1971 June-Deo ■ 89 L iy74 Ju>ie-L>e«. 99 94 94 89 — 2 89 % 7 86 198 91 91 95 89% 96% 83 91 82% 86 refunding First A refunding First A refunding First A refunding First A refunding First A refunding 27/8s series Q First A refunding 3%s series R 1982 First 2 89% '96 A First A First 3s series 3s series M 3s 1979 series N 2%s series refunding 3s series S 1977 P 1981 1980 1983 refunding 2%s series T 1976 52 52% ~2 91% 91% 2 87 June-Dec 82 June-Dec *82% 83 *80»/a -*82% 79 refunding mtge 3%s ser U '85_June-Dec First A refunding mtge 3%b ser W '84—June-Dec 38* 58 First A refunding 3%s 85 94 Ftrct * refunding mtge 3%s X 1984 ser 85% *82% 84 84 86 80 79% 2 74 81 % 83 3 75% 84% 83% 75 81 84 78 83% 85% 5 *81% June-Dec Y 1987 June-Dee 85 77 74 79% June-Deo 77 % "I June-Dec Jiine-Deo 88% 7 82% 90% 80 % 83% 78 June-Dec 89% 83% 20 87 78 A ser 86%' 83 6 June-Dec 68% '75 52 99 May-Nov Connecting RR 2%s series B 82 % 84 48 70 41% 85 Hudson River RR— income 94 85% 99% May-Nov series series 83% 73 • . P7 76 • 91 24% 100 York 82 % Feb-Aug ApriZ-Oct 1972—- 96 104 66 88 6 *77 1977—Mar-Sepf Y 103 88 62 99 26 __ *103 debs Y 105 103 40 *72 June-Dec Light mortgage Mortgage Mortgage 104% 148% 1 - 27% 101 *80 June-Dec 77% 84 41 - Co— RR Owens-Illinois & St Louis Ry Co— 1st mortgage 6s 1985 May-Nov Minneapolis St Paul & Saulte Ste Marie— First mortgage 4 Vis lnc series A Jan 197i_ May AGeneral mortgage 4s inc ser A Jan 1991— May Minnesota Mining & Mfg 2%s 1967— April-Oct footnotes, 83% 102% >102 June-Dec Minneapolis For 97 *83 1975 1991 debentures f 140 *82% Jan-July Feb-Aug Mar-Sept Feb-Aug 51 — 102 Jan-July 1969—Mar-Sept 1st mortgage 27/8s 1969 Mar-Sept 1st mortgage 33/8s 1969 Mar-Sept 37/8s sinking fund debentures 1967 Jan-July Minneapolis-Honeywell Regulator— s 102% *83 Vi Michigan Central RR 4Vis series C 1979 Michigan Cons Gas first mtge 3 Vis 3Vis 101 May-Nov Jan-July Metropolitan Edison first mtge 27/8s 1974—May-Nop Michigan Bell Telephone Co 3 Vis 1988 April-Ocf 4%s 101 91 27% Feb-Aug Tel A trust 1st 1972 Merritt-Chapman & Scott Corp— 4Vis 104 A Co— debentures debentures 1972 1980 Corp Ray) subord conv 1 wts" 1978 debentures Stores 45/ss 25/8s 105 — 101 — 51% 90% 57 97% - 91 27% i-eo-xiug 1977 Power Shore (Wise) subord "ex f debentures McDermott 5s 1968 Dept Stores 3 Vis s May 5 Vis 97% __ >104 387 ApriZ-Oct M 5Vis 1988—Mar-Sepf Macy (R H) A Co 27/8s debentures 1972—Map-Nov 5s conv subord debentures 1977 Feb-Aug Maine Central RR 5Vis 1978 Feb-Aug Martin *103% Apr-Oct 59 58% June-Dec First 1990 VCv'rl' vMack 1 47/8s 62% June-Dec First 1st 73% 65% 53% 1985_June-Dec 4Vis 75 *68 Mar-Serif : 66 63 63 Feb-Aug April Chicago A St Louis— Refunding mortgage 3Vis series E 1980 First mortgage 3s series F 1986 36 100 1983 ser debentures 1976 debentures Louisville 107 % 124 56% Map-Nov ApriZ-Oct debentures Long Island Lighting Co 3%s Lorillard 50 50 105% 106% Map-Nov 53 95% May-Nov 1976 51 42 *61 % 107% '■ 39% *100 April-Ocf 1962 Corp 3.75s debentures Star debs 35% I 66% 56% 355 *58 Mar-Sepf 1986 ser f debs 2%s 4%s Central Michigan Cent 32% . 50 4%s 351 217 61% *95 % June-Dec Refunding A impt 4Vis series A 2013 Refunding A Impt 5s series C 2013_: 84% 74 57 Jan-July gen consol mtge bonds— fixed interest 2003 May-Nov fixed interest 2003 May-Nov 4s 85 70% 64% 60 % 79% Consolidated 99 80 J/4 69% 63% 61% *82% York 87% 96 Lehigh Valley RR Series 15 *88 _Feb-Aug Feb-Aug 61 91 *97__ Lehigh Coal & Navigation 3 Vis A 1970 April-Ocf Vehigh Valley Coal Co 1st & ref 5s stp '84_Feb-Aug 1st 90 69% April-Ocf N *91% June-Deo 73% ,_Mar-Sept Jan-July Feb-Aug Harlem River 1968 A gold 27% 68 1982 Jersey Co— series South 15% 215 64% May-Nov ApriZ-Oct Bell AGeneral mtge RR 252 1974 First & 18% debentures jersey New 94 115 65 71% 1980—Jan-July 1976 guaranteed New 97% 1% *120 2 2007 Telephone 3Vis 1988 New Jersey Junction RR 4s 1986— > 1 % 1959 92 95 80 53% 17% debentures 3s New 79 97 % certificates 92 Jan-July April-Ocf 1 debs 1970 England Tel A First 78% 78% 71 54 — 70% 58% mortgage New 81 95 — 25 70% Mar-Sepf 1966 3s 4%s 1989 National Tea Co 3 Vis conv N 272 84% 95% 18% 1990 1 Jan Corp 1st 3%s 37/8s 1986 mortgage 1st 77 Vi 75% 75 80 *78% April-Oct Dock 2 1980 Louis Products debentures National 81% Mar-Sept Lakefront 66% National Distillers A Chem 4%s debs 1983-May-NoV Natl Distillers Prods 3%s s f debs 1974 ApriZ-Oct 105% 79 debs St A debentures 3 Vis 90 tAKreuger 5s 78 66% 2045 1 debs inc subord conv General 13 81% *81 1984_June-Dec 1974 98% *72 June-Dec .June-Dec 2%s Kentucky Central Ry 4s 1987 Toll 78 Essex National 83% 86 „ __ Kimberly-Clark Corp 3%s 1983 Kings County Elec Lt & Power 8s 1997 Koppers Co 1st mtge 3s 1984 A *94 78 Corporation— 5 Vis Corporation— conv —- gtd 4s 1991 National Cash Register 4%s s Natl Cylinder Gas 5Vis conv 89% 82% Mar-Sept Kansas City Southern Ry 3y4S ser C City 96 Mar-Sept first 6s Nashville Chatt 3s 85 94 99 96 1976—Mar-Sept 1990 City Power A Light mortgage 2 Vis 1980 Kansas 70% N 262% 175% — A N Y Central A Kansas 1st 13 first gtd 3 Vis 2000 Mountain States Tel A Tel 2%s 1986 3 %s debentures 1978 5s 92% 261 251 Airlines— subord conv 97 1976 Malone Collateral Kanawha 96 Jan-July 2033 debs Monogahela Ry 3Vis series B Monon 103 1001/4 100% '.I- 101 Jan-July Light 2%s Joy Manufacturing 3%s debs 1975 ELM 96 1967-,—ApriZ-Oct Jan-July 4Vis series B Jan 4Vis coll trust 238 81% • *981/2 IOO1/4 101 ■ 66 198 — 89% *87% • Jan-Julv 4%s Power 63 Jan-July Jan-July A Jan ser 93 *77 Ifar-Sept Jan-July 1987 3Vis 1980 3s 55% Pacific RR Co Mohawk Pipe Line Co— Power 1 1978 D 5s income High 61 1962 series 84% 83% 861/2 Corp— 1977 sub 73% 82% 85 Feb-Aug 4%s 7% 4 *83 Jan-July 1989 conv 821/2 Jan-July debentures 4%s f debentures s Interstate L 220 11% 78 *85 Afar-Sept .Jfar-Sept 1987 184 10% 1986—June-Dec 1981 Credit A 100% 73 78 Mar-Sept 1981 Minerals conv Intern'l series Harvester debs 101 94% 98% 11% Feb -Aug 1972 mortgage 3 Vis series J mortgage 4%s series K International 94 93 1 101 % 70% Jan-July mortgage 3.20s series I 1982—_ 4%s 88 10 97 78 May -Nov May-Nov May -Nov mortgage 3 Via series G 1980 mortgage 3%s serie* H 1989 Union Gen 14 June-Dec 3%s series F 1984 Co Gen 99% 33 73 Jan-July 1978 B mtge 3%s ser A 1979 mortgage 3%s series B 1979 Inland Steel suoora Low 61 mortgage 4 Vis series C Jan 1 2005 mtge income 4%s series A Jan 1 2020 mtge income 4%s series B Jan 1 2030—^— 88 % 102% 103% AprU-oci 2%s series A 1981 series consol Indianapolis 1101% 101% 101% 101% Feb-Aug Feb 5s income Bell Telephone 4Vis adjustment Range for Year I960 ;■* 61 ; Montgomery Ward Credit 4%s mortgage 1st 93 Manhattan— mortgage 1st *91% 97 refunding lien Sold No. High 1990—June-Dec 4s 1st 81% 99% 100% 1981 100 „ Jan-July Consol 1st 34 Bid & Asked RR— mortgage 92 % June-Dec 1982 Consol 1st *87% Jan-July & Consol 1st 112 1977 & Cent 2%a 109 1984 5 A Adjusted First 110 Jan-July debentures 1st Illinois 1972 debentures debentures JHudson first Texas Bonds Friday's or Price 1st Corp debentures & 40-year 4s series B 97% 94 115 Vi f s f s Kansas lien 5s series A 1962 5%s 1984 1968 fund Prior 95 Vi 98% f s 45/as I-T-E 100% 101 st Low Missouri 1975 Interest January 20) Week's Range High Corp— debentures sinking 1st New York Stock Exchange Low Missouri-Kansas-Texas 1980 first subord Household 111 BONDS Year 1960 No. Corp of America— 6s 5s series) Ry Chemical conv series) series) Valley Hooker Range for Sold Community— (7th (13th Hocking Bonds High European the Steel and secured Hotel of Friday 80% 77% 87 85 / 76 - 17 / 79% 87% 185 85% 87 ^Volume 193 Number 6023 The Commercial and Financial ... Chronicle (403) NEW YORK STOCK EXCHANGE BOND RECORD Friday BONDS New York Stock Interest Exchange Period or Sale Price Friday's Bid & Asked Low Pacific Gas First 1st & 1st & ref mtge & ref 3'As 1st & ref mtge 1st & ref 5s 1st & ref 5s series 4V2s series & series Tel debentures debentures DD 1990 debentures 3VeS 3'As debentures 35/as debentures Western American Pan 47/8s 101 'A 100'A 101% '<6Va 76% April-Oci L *80 86 1988 debentures 82 subord debentures & General 4'As General 5s series j 77 series 1968 B 80 78 99'A 95% 365 84'A 84'A 1 96% 97 81 June-Dec 98'A 9 7'A 99 137 72 'A 72'A 74 9 4'As series E 1984 Jan-July 3 Vis series F 1985—_Jan-July Ry income 4s 1990 April Pere Marquette Ry 37/8s series D 1980—Mar-Sept Philadelphia Baltimore & Wash RR Co— General series 5s 1974 B gold 4'/2s series Philadelphia Electric Co— 1977 C First & First & refunding First & First & First & First & First & First & First & First & First & Philco mtge 5s 73 57 'A 8 6 56 84 % 84'A 10 78 *92'/a 16 94'A *86'A May-Nov June-Dec *77% __ Feb-Aug 80'/a Map-Nov *90'A 105 85'A 95 96 5s debs 1984 Apr-Oct ._ 95% Philip Morris Inc 47/8s sf debs 1979 June-Dec Phillips Petroleum 23As debentures 1964—Feb-Aug 4'As subord conv debs 1987 *101 Feb-Aug 117 118% Plllsbury Mills Inc 3'/8s s f debs 1972 June-Dec Pittsburgh Bessemer & Lake Erie 2%s 1996 June-Dec 4'As J ser 387 96 • 13 118% •• 437 89 *98% mortgage series 5s General mortgage 5s General mortgage 3%s Pittsb Coke & Pittsburgh Pittsburgh Chem series 1st Glass B E 105 Coal April-Oct 70 'A *95'A *95% ApriZ-Oct 96% 10 Youngstown & Ashtabula Ry— general 5s series B 1962 Plantation 3'As f s Potomac 33As Electric Service First and First and First and 3s debs & and debentures Jun-July 95% 97% 97% May-Wow . 3'As 1968_Jan-July mortgage 5s 2037 Jan-July mortgage 8s 2037—June-Dec mortgage 3s 1972—Map-Nov mortgage 84 'A 80 90 — 96 2 104 11 86% 87% 3 Oil 82 75% Q Oats 2%s . debentures , r 1964 4%s debs 7 85 2%s 19~ 80 87 1 94 100 100 *93'A 90 91 — 92 93 __ 93 *84% — ' 39 1 - 91% 80% 93 Va 80 — 84% 87 —. *90 90 85 ! 95 Vk 87'/a ; —- *90 — 86% 90% , ' *— Jan-July 80'A 78 84 78% 81% 91 90% 91% 24 85'A 92% 97% 91 97'/. __ *80 ■ ■—. f 87 2 71% 72 2 70% 73% 94 % 94% 2 97% 99% 74% 75 1985—Jan-July June-Dec • —. Mar-Sept ' ' f s June-Dec 2%s 1976 2%s Steel %. 55 107% 124% __ 79'A 83% — —■ — 92% 96% 99% 87% 93% 79 84 • 12- ;>•: v.,s ^ 87 88 April-Oct 79% 88% 4 75 si y. 31 65 72 - 79% 69 *97% 98% 94% *89% • —— ' ' ' ' 93'A 93'A 93'A 91'A 97 97 f ApriZ-Oct 9 94% • 96'A 97'/a 86 90 95 100 13 93% 100 V* 10 93% 101 ■ 100 ; 83'A 80 - *90 'A • — 89'A 10 97% 867/B *82% . 95 95% __ 99 100 —. 90'A 88% 88% 91% 99 Map-Nov . 97 *86% 82% 5 ' *' . , 87 6 91% *86 . — 92% 80 82% — *82% ' 101 85 — 88 95% 96% 70 67'A 67% '1 89 90'A •98% Corp— ctfs 4%s 1968 ■v. ■ *87 •' Mar-Sept Jan-July 84 83% ' '• "» " 68% . Mar-Sept 1983 74 77 85 79% April-Oct 1976 74 — _ *80 Feb-Aug May-Wow " - Jan-July 92% 67 R 1' Vanadium Reading Co first & ref 3'/8s series D 1995_Wap-Nov Republic Steel Reynolds (R Rheem Corp J) Mfg 4%s Tobacco 3%s Co Rhine-Westphalia debs debs 3s debs Mar-Sept 1973——April-Oct 1975 Electric Feb-Aup Power 1 51 70 3'As conv 9 9 Va 67 96'A 99 4-'As conv 88% 88% 5 4 Va 98'A 99% 88% 7 82% 88% 80 85% *85 __ Corp— -r;-; Ventio 4 'As series B series Richfield 4%s Oil *'As serial General Rchr mortgage 8 9'A 16 McBee 1983 ApriZ-Oct 6'As 133 -131 136'A 55 debs *99'A 88'A 1969..—Mar-Sept 1977 debs conv Mar-SepZ 1st 90 93% 1st & 131 106% ref & General . Jan-July 1977 /' June-Dec 116'A 46 109 113% 9 110 2 M Ry 99% First lien 92 1st 116 105'A 6s lien and subord first gtd 4s B 28 *82% 84 *85% 106 81% 82% 98% 82% 89 Jan-July 2003 debs *84% Map-Nov 90% 2008 Feb-Aup 76'/. 79% 87% I 79 84% I 85 88 I 68'A ' 74 »A — ' 74% 84 ■ 90% 5 116% 116 116 84% 73'A .• — 1973-April-Oct C ser 76% —— ■ • 74'A 1983 125% ■ Map-Nov 3 %s F 89 *86 105 . 79 Mar-Sept 5s 56 87% April-Oct 1995 ser income I. 1983 ref mtge ref 1982 4'As 3s„series & .J ser Southwest 85'A 90 3%s mortgage 99'A 89'A 113 85 88 118 % 122 74 — 2%s ser E 1975—Mar-Sept mtge 2%s ser H 1980—Mar-Sept mortgage & refund 3%s ser I 1981 June-Dec Virginian Mar-Sept conv 84% First and refund Corp— 3'As series J 5'As. subord debs 1980 Electric & Power Co— 94 Virginia debentures 1977 D Aircraft Royal 89 __ 93% *87 88 First and refund mtge —Jan-July Electric & Mar-SepZ 89 Corp— Gas June-Bee 84% *88 Jan-July 1978 subord conv Rochester • 1969 1976 Co— Virginia 1978— C - debentures debentures 89 Jan-July , 4'As America— subord subord 4'As ) conv Debt adjustment bonds— 5'As series A 1978 of Corp 54% 1985 14 ' 84% 87 90 '/a 112'A 116% 115'A w S Saguenay 8t Power Lawrence Second 8t Louis-San 1st 1st A5s income 4s series debs B bond 4s Second 4s Paul & inc bond *62 Jan-July 2022 ! 2006 Jan 60 70 77 71'A May 74 34 67 71 % 18 66'A *70 Mar-Sept Mar-Nov 1989. 66% 65 Vz 67 89% certificates 1st May-Wow 89: 33 Nov *81 1989_Jan-July June-Dec *91% April-Oct 4s cons *79% 1989_:_May-Now *92'A 1968 62'A- Paul Scioto Union V Scott & Paper Scovill 3s 3'/8s B Air conv Line mortgage 37/8s 1st gtd debentures 4%s debs RR 93 Penn Power Shore 4s 3s Seaboard Finance series Seagram Roebuck debentures 4%s subordinated 5s debentures 8ears Roebuck Seiberling 5s conv Service 5'As Shell Rubber subord Pipe Line Shamrock Oil conv Union Sinclair Oil 2'As & & 96% 96% 234 5 96'A 118% 96 76 *87% 1966—_i June-Dec 102'A 5s 96% 89 89 75 77 / 86'A — 101 »A 102'A 108 5 77% 85 Feb-Aug 1977— 84 102 102% 33 97 10 92'A s-f 104% 104'A 104% 15 1983—Feb-Auff debs 103% 103% 104% 98 97% debs 1979— 3.20s s Gas f —Jan-JuZp debs 83'A 84 ApriZ-Oct Corp Co & First 128 4s 1982 debentures 4%s subord North Oil conv debs 2'As debs 1971 1986 1965 ApriZ-Oct June-Dec 86% 102 128 Gen *90% 97 75 75 84 1979 84% y. 96 96 96 6 55 54% 56 29 52 60'/a 54% 55% 22 52% 60% 95'A 95'A 13 90% 97% 1969—April-Oct April-Oct 95'A *81 1984 May series 1967— D Mar-Sept Mar-Sept Mar-Sept Jan-JnZp — 91'A 91% *92% 98 . ' 12 — — * 3'As 4'As mortgage f s RR 1978 87% 89% 112 81% 85 125 1st mtge Service Sheet 4'As 3'As Tube & series H 92 93% • 92% 88 90 61% Jan-July 2004 A mtge 4'As inc series A Jan 1 2029 Electric Power 2%s 1976 Public *90% 73% 19 .• 99'A — — 86% 70 91% 55% 64% i Co— series 4s 1980—Feb-Anp Jan-July debs debs f s 94 82 % " 19 91% .... - 75% 92% 6 85'A ■ 1H3% 98'A 75 ' — 94 85'A *73'A 81% 80 — 78'A 93% " May-Wow 1975 debentures . *75'A 98% 90% *100% 103 % 1981——Jan-July A ser , Ja?i-July Jan-July 3'As Co 3'As Central Youngstown 88 33 107'A 86% 17 83% 101'A 102'A 457 94'A 1976. ^ Jan-July June-Dec 1963 April-Ocf '• 8 6'A *93'A Jan-July 1979— Alabama RR 5s 82% 91% ; May 42 62 18 39'A 42% 43 June-Dec 91% 47 37'A 77 3 92 79 84 *79% Jan-July 1971 88% Co—■ April-Oct 1990.. — 101 Vs 101 % 21 r-4 o o £ 98% Corp— debentures 2'As A ser a Deferred delivery sale not ' Oil Corp 17 .. Jan-July Jan-July 1966— 2361 Wisconsin 94'A 84% 78 •. ,95% . ' 104% 79 84 *87'A I gtd 1st debentures mortgage Wisconsin April-Oct 1982 series 4s 1982 RR convertible Wisconsin 106 100 / — ___May-Wow .„ 2361 Pacific Whirlpool 100 Jan-July 43As 3'As debentures income 3%s 102% 100 73% 79% 53% 50 i ■ 95 'A 1967-Jan-July Map-Nov 74 60% 75 49% 1970—Feb-Aug A 62 — , 2000—Feb-Aup 3'As 1974 mortgage 3'As series C First 90 % 100 102% Map-Nov 3'As Maryland Ry Wilson *84 series mtge 1979 3 73% *79% - 102'A 82'A 89 « :—Fcb-Nov Westinghouse Electric Corp 2%s 1971 Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3'As series C 1970 87'A 99 1st 5'As Western Co— subord 8oCony-Vacuum South — 114'A 117'A — June-Dec Oil 2'As debentures Smith-Corona Marcliant— cunv 117 — Corp— debentures Skelly 5'As Jan-July 1972 Co ' Map-Nov 1980 1982 & ^ Mar-Sept debs Acceptance 4%s Mar-Sept Jan-July 1980. B 5 'As E) & Sons debentures 1974 3s Bears 1971 1982 1977 (Jos Co 4s 2%s 1st RR registered Western Co— debentures f s 1971 England Manufacturing Seaboard 1st Depot New 3V2s gold gen 3s Electric West 79 Penn West 93 79 West > St gtd Lighting 80 87'A __ April 1981 1971 ' 89% 93 84 Jan B o ref mortgage A series Terminal General 72'A 82% 76% 1 first RR Washington 76 71'A 3'As Westchester 77 Ry— RR mortgage 72 72 mtge income 4'As series B Jan 1991——April First 72'A 70 71 '/8 Co— mtge 4s income series Gen 71% *70 RR Gen 88 ' 1980 certificates Duluth " A Jan ser series A 84 Warren 1997 A 4'As Mar-Sept gold 5s 1996_Jan-JuZp April-Oct Co— Ry series inc Louis-Southwestern First St Francisco 4s 1st 1996— mtge mtge Wabash 1971 A series Adirond'k 6s mortgage ASecond 8t & gold 3s 99'A __ 48 80% 18 *97 80'A 94 included 1 106 76% 81% 95'A 95'A in the not included the Pn^kruntcv 93'A 90 99'A 100'A 87 103% in year's the range, n included in the year's range, Under-the-rule sale not included year's range, y * A d Ex-interest J Odd-lot sale in the year s range, r Cash s Ex-coupon. ! receivership, or reorganised under Section 77 of Act. or Friday's bid and Bonds selling securities ask prices; assumed no by j„ ' Jan-July 1972 1975 - *82'A Mar-Sept Jan-July Jan-July debs 8 82% 91% *79 ; 1966—ApriZ-Oct 1971 3'As 92'A 82% April-Oct.- 1978 4s Works Participating 96% 81 % 76% 1 *88% 1991_Mar-Sept 1967 Steel *81 'A ; Feb-Aug LA. debentures debentures States 74 75 *99% Map-Nov 1970.^—June-Dec 1973 America trust 2%s 86 ' 1977 debentures Rubber 12 120% 126 • — 1971—Map-Nov sinking fund debentures 1973. mtge & coll trust 4'As 1977 mtge'& coll trust 4'As 1978 S 80% *76% 124'A Feb-Aup April-Oct 1961 debs & U ' 85 % 2'As series C & coll trust 3%s debentures 1972 4%s 93% 105% 97% 3%s Corp 2%s 1970 & coll trust 3%s f 2 144 101 'A 85% E debs mtge s 80 % 104% 108 10 96'A 1980 2%s s of coll 95% 116 '1 1970—ApriZ-Oct 1990—ApriZ-Oct 1974 debentures 4'As Co 139 136% 138'A 103'A 103'A — June-Dec ; 2%s debentures mtge 1st 104 96% 91'A — 85'A 100 __ Map-Nov tr RR Biscuit United *95 102% 78% u . mtge 1st ■ Jan-JuZp 109 95 35 Map-Nov 3%s 85 80 ~2 92'A 67 85'A 84% April-Oct 1982 1982 Car Gas 4%s 93% 90% 112 84'A Jan-July 1983 ser Missouri of California Tank 1st 80% 86% 103 82 101'A 102 Jan-July Jan-July 1985 3%s 1st 87 % 1 8 90% 108 101'A May-Wow 1968 coll Pacific United Quaker 3%s 1st 104'A 160% 79 »A 103 112 101% Pacific— : 3'As United 95'A 85'A 102 90'A *82% __ 103 150% 94% Map-Nov D C M of Co & United 97% 79'A Mar-Sept 83% 112'A 64 April-Oct gold 5s 2000. Orleans Products mtge Union 98 90'A ... 76'A 564 Louis— series 3%s series M New mtge Union 134'A 91'A 81 145% 157 June-Dec B Refunding mortgage 155 1983_April-Oct April-Oct : 48 96 June-Dec 1977 98 *— 100% 101 1966 series refund of 1st 84 6 96 104% 155'A RR— first debentures Union 80 104 104 mortgage 27/«s 1979-Jnne-Dec First and refunding mortgage 3'As debentures 1975 and RR 3%s —— refund Pacific Electric 3s 100% 107 100'A 5 101 June-Dec Fir^t mortgage and coll trust 2%s 1975_ApriZ-Oct 94% 96% 28 17 103% 95% June-Dec M 3'As Pacific-Missouri Union 96'A 91 8.4 83% 103% 103 % 75% June-Bee St Orleans V 81 137'A 140 139'A —Mar-Sept 1972 debentures *84 62 98 78% 1979 Oil Co 3'As 1986 Tri-Continental Corp 2%s debs Co— 3'As 4%s L : 70% 56% 103 99 1980 of refund and & 71 98 *84'A Map-Nov ; 1981 Gas. 1963— First 1983 :_I„ 37/8s A. ApriZ-Oct Co Electric 3%s Mar-Sept 1986 refunding refunding refunding refunding refunding and 1970 1973 debentures First 23As Power debs Gamble & Public Line debentures conv Procter 3s Pipe 100'A * 2 61% 70% 1979 Assn 1st * Feb-Aug 103% May-Wow notes notes New and Thompson Pittsburgh 1st 60% 60 % "102 4 Inc— notes RR 93 90% 96% 69 % 76 impt M 4s series C 2019 Term 94'A 90% : ; 84 95% 100 94'A 1973 impt 2%s First 98% 69 70'A 1965—Jan-July 1967— debs & 98% 87'A 8 8'A 1964—May-Wow 3'As debs 88 89% 83 % 69% Jan-July Mar-Sept and Texas 90 87'A 90 83'A 89'A Jan-July and First 116% 98'/a ApriZ-Oct 1975 mtge 3'As 3s 90 91 54 93 Tidewater June-Dec 1975— series Consolidation Plate 1970 A 65 99 1573 conv senior General — 50 86% 92 1982 Texas 96'A Pittsburgh Cine Chicago & St Louis RR— General senior Texas 1964_Map-Nov 93'A 97-'A 85% *83'A April-Ocf 1971—Map-Nov 2%s Company (The) 3%s debs Corp 3s debentures 1965 ' -- 92% 96'A Jan-July 4'As 3%s 63 128 % 92 1974 (Ohio) 53 % 109'A *95 1982 conv debentures Texas 103% 98% *72% Co 154 t; Jan-July 1983 Refund 123% 91% 131'A Jan-July April-Oct 1984 4%s 3'As 83% —Feb-Aup Refund 85 *98% 1994 1983 (N J) Oil Terminal 101'/. 107 98 '—Li- -V *88 Pittsburgh Cincinnati Chic & St Louis Ry— Consolidated guaranteed 4'As ser I 1963_Feb-Aup Consolidated guaranteed "• 96 __ 76'A 75'A 7'A Map-Nov (Indiana) Oil capital Texas subord conv 5s debs California (James) 5'As 94% 92'A 77% 73 92% Jan-July 1988 subord conv of debentures 5 'A % 104% 102'A 72 1 58'A 'i> 84 "5 2 86'A 9 April-Oct 1983 Chemical Talcott Corporation— 4'As 1996 1983 gold 4'As debentures 2%s 84'A 74'A 97'A 13 106 20 77 t 73 98'A 105 tr debentures 2%s 87'A 1 95 98% __ April-Oct 83 *57 77% 2 81 consol 82 79'A __ 81 June-Dec 1989 72'A 75 *80% 5s Oil Standard 88 101'/a 101% Inc Oil 84 June-Dec coll 11 series first debentures 4'As 92'A April-Oct Mar-Sept • F 5%M High 76'A 1 Jan-July Surface Transit Inc 1st mtge 6s 1971 Swift & Co 2%s debentures 1972. 77 88 1986 Co— 85 85 Low 11129 Mar-Sept A ser series mtge LX Map-Nov '75—June-Dec Sunray Oil Corp 2%s debentures Superior Oil Co 3%s debs 1981 16 — *84 RR 3%s 2%s Stauffer 54 78% *81% Jan-July mtge E 99 92% 82'A 84 1977 series Standard 84 % 84 '91% .May-Wow A mortgage Spiegel 60% 79% — Lines) Jan-July 1973_June-Dec conv 2%s Standard 76 Year I960 No. 168'A 168'A Map-Nov 1st Pacific Standard 63 ■ 90 *81%r 85 June-Dec 69% 4'As t 3'As 76 53 5 9'A Jan-July 1994 Memphis div first gold 5s 1996 Southwestern Bell Tel 2%s debs 1985 101 % 72 Term First mtge Southern Ry 100'A 93% 5 7'A — Jan-July refunding 23As 1971 refunding 23As 1967 refunding 23As 1974 refunding 23As 1981 refunding 27/8s 1978 mortgage 3'As 1982 refunding 3Vbs 1983 refunding 3y8s 1985 refunding 45/8s 1987 refunding 33As 1988 refunding mtge 43/8g 1986 & 92'/a Co mortgage First 85% 70 58'A — Feb-Aug General First 73 mortgage Fran First 100'A 1970 2%s-4'As 1981 1st 87% 77 76'A 1969 4'As Southern 94% Ry (Oregon 4'As Gold 100% 77 4'As Gold 88'A 91'A Range for Sold Co— San 91'A 94 Va Eastern Gas Pacific 88 Va 86% ApriZ-Oct 1 1981 D Natural First 84'A 87'A Bonds High 82 Co— debentures Southern 81'A 83 convertible Edison Southern 88 Feb-Aup J an-July 1987 California Indiana 79 74'A 8 4'A June-Dec 3'As 78 3A 71 'A Friday's Bid & Asked Jan-July 1985 Southern "105% 70 81'A 95 April-Oct 100 debentures Southern 125 'A 98% General mortgage & 101% *91'A Feb-Anp 1975 1965 A General 4'As series General 96'A 93'A 1979 .debentures 2%s 106'A 12 or _ Sale Price Telephone & Telegraph Co— 2%s 101% 86% 86% 87'A 1964-June-Dec 1979 Light 3s 96 100'A Bell debentures 3s 11 1 Week's Range Last Period Low 85 34 Airways— Power 78% 86'A *82'/a Feb-Aug Feb-Aup 10 Interest Exchange High 87'A Mar-Sept May-Woo 7 70 76'A 'A Pennsylvania RR— Peoria Low 76 % 75 April-Ocf Mar-Sept 3'As 100 June-Dec 1991 Oil 9 9'A lyb5__June-Dec 1981 World conv Pennsylvania No. BONDS New York Stock 16 93% 10 i'A 104 1992—^ debentures 1983 debentures 4a/as 100'A 92% 104 1978 debentures 100 June-Dec 1987 3'As Year I960 85'A 103% 104% 93% June-Dec 1986 3 Ves 100'A June-Dec 1991 FF 2-/4s 2%s Pacific 85'A June-Dec 1978 series EE 1989 BB CC series 4%s Tel Range for Sold Southern ref 1st Facmc High Friday Bonds Electric Co—(Continued)— refunding uit,ge J3/8s ser z. iyb8_June-Dec mtge 4'/2s series AA 1986.__June-.Dec & & (Range for Week Ended January 20) Week's Range Last 31 such companies. . .. sales being transacted during current wees. flat. . __ . .U . •• fc . 32 Financial Chronicle The Commercial and (404) . . Monday, January 23, 1961 . American Stock Exchange WEEKLY AND YEARLY RECORD extensive list we furnish a complete report of the transactions Stock Exchange for the week beginning Monday, Jan. 16, ending Friday, Jan. 20. It is compiled from the report of the American In the following American the on and Week's Friday ' Last 7.v,/'s T 0 C K S American Stock Exchange Sale Price Missiles Acme Class A common Acme Wire Inc Precision Products Acme Co Aerojet-General Aero Supply Agnew Aid Corp Manufacturing— Manufacturing Surpass Alabama 2% 1,100 13% 14% 400 9% 9% 10% 24,500 64 Va 58 V2 64% 17,400 67/e 6% ■7% 5,500 12% - 6% 3% 3% 1,900 3 19% 900 IS Va 4% 200 4 Oct 4% May 41% Oct 19% 3% -1 5 3% Jan Traction Oct 10 Breeze Jan Bridgeport 21 % Jan Brillo 10% Aug Britalta Petroleums 5% 72% May 10% Jun 7 Jan 22 Sep Co preferred—-100 4.20% Alan Wood 5% Steel 84% 85 250 10 26 Va 27 2,700 common Amer British Columbia Alaska Airlines Inc Algemene Kunstzide N V— Amer dep rets Pictures Control Paper Alsco 3% July 100 58 7% 3,200 6 8 Va 45,700 3% 3% 3% 1,800 9% 300 67 9 £1% 4% 1 10 Corp 5 2,600 200 11% 10% Feb July 6% May 3 Nov 7% Mar Oil Beverage American Book Aug Jun 10 Va Jan Dec 23% Jan Jan 81% Mar 11 % 3,700 10% 80% 77% 8ov2 4y« 4 4 1 5% 5 5 Va American Business American Electronics 1,600 3% Sep 4% Aug 600 n 74% 28,400 Va 56% 4% Aug 4% Sep 8% Jan 1,275 65-% 42 Apr 60 Dec • 17 16% 17 Vb 6,100 12% Aug ,19% Sep Inc— 1 11% 11% 11% 12,900 8% Oct 19 % 32% 100 40 40% — ' Feb 3 Va 5Vi Jun 4 Dec 6% Jan Sep Sep 313/4 Jan 47 Feb 37 Jan 10 Mar 29% 28 600 2ft 2 2 Va 32% 32 33% 2.500 112 May 25% Aug 37 38% 400 313/a July 13,100 / 8 May 7*1 Aug £1 Co— Ltd class B Company-. F 31% Dec Dec 3% May 211 Jan 10% Jan 39 % Mar 7 ft 6 34 7ft 18,600 135/b 13% 13% 15,000 6 ft Dec 9 Va Jan 10% Feb 173/s Jun July 10% Sep 6% Apr 16% 12 133/a 12% 13% 2.300 6% 65/8 6% 3,400 33/4 4 1,300 3% 15,500 Nov 10% 5,200 Dec 2% 13% 12 13% 3 Oct Jan 15% Jan 7% Aug 8 Jan 3 % Mar 19 V* Jan Budget 35# 4% 4Vb 4.3/4 8,900 3% Oct 4% 4% 4% 2,200 4% Dec 6% Mar 5% 2% 10% 10% 10 1 1 2.50 8% -- convertible 60c preferred serial Die Buell Co Machine & — Buffalo-Eclipse Corp Bunker Hill Burma Mines American Company (The) ord shares—3s 6d 25c rets dep Dec 1 7% Jan Jan 10 Jun Apr 11 May 8% Jun 1,400 1% Dec 3 3/a 800 12% Oct 16 % Feb 12 Jun 1,400 1% 13% 10% 11 11% , 9 2,300 12 %c 1 Corp Shoe % ft Mar 87/a Jan Jan Corp 8,000 ft ■ft ; J&n Apr 7% 8 6 Dec 9 2% 2 % 200 1% Jun1 33/4 Aug 20% 20% 2134 12,300 7% Jan 223/4 Dec 18 15 18 16,400 11% Nov 15% Dec 15% 16 13% Dec 7% 1 & Son Inc (J P) Biscuit Burry 1 'Z2 1; 7 10 Va 900 8 % 8% 13% 1% 2% 2,400 8 10% Ltd—• Burnell & Co Inc Burroughs 73/4 3,300 Oct 6% Aug £1 3% 9 1 50c (The) Corp Finance Plan common preferred Buckeye Jun Aluminum Inc Systems American-Internat S 7,600 1 com_30c —30c 10 1 * 66%c reg common Bruck Mills B ord Distillers cl A Rubber Brown 6 V* 1% Ltd— preferred 6% 17% 17 10% 30 July Oct 75,900 Co 6% July 15 Nov 6% Corp 12% Mar 9% -1 American B Class 5% —* Company Forman 28,700 22% Jan 7% 5% Corp 4% 1,100 $3.75 pfd.100 America of Co Ambassador 12% Aug 10% Jan 5,400 5% Inc July 72 registered Power rets dep Amer Jam 10% 9% 10 3/8 Inc Properties Inc Aluminum 6% 11 9% 10% Co Corp Dec 4% Mar 10 10% Allied Allied All-State Brown ' 7 1 preferred convertible Brown Jan 7% 67 Rubber class A & Artists 5 Vs % Jan 86% 7% .10# American Engineering Co_ Alleghany Corp warrants. Allegheny Airlines Inc Allied 86% Aug 42% Dec \ All Alliance Tire 2,300 Jan Dec 4% shares. Amer ~5% ~5% 5% 82 20% Vb —£1 £1 dep rets ord bearer dep rets ord 77 100 1 preferred • Amer British Petroleum Co Alabama Power 1 4 High Feb Tobacco— American British — 1% 3% 32% 1 Co. Manufacturing 1% 400 6 Vb Co Gas Ltd— British American Oil Co_. Jan Oct 149 — • Jan 6% 1% ord_' Pwr 1 Sep Jun Oct Corp & Low 14 2,300 20 4 —20c Inc Works Light Gear Foote Range for Year I960 High 19% Brad Shares of Prices Low Jam Dec 3% 135 Southern. Great 5% May 2 Va Dec 12,100 14% - Discount Inc & 2% July 1% Oct 6,100 8% 3 - •*' ■ 7% 7% Stores— Shoe Investment 200 Sales for Week Range Par High ; —10# 1 1 Corp Low i% Last Sale Price American Stock Exchange Range for Year 1960 Brazilian W -1 10 ■■ Admiral Plasties Corp Aeronca :: i% .10# Mfg Corp—— & Construction Ck»p - Acme-Hamilton Shares 3% Week's Friday STOCKS High 3% 1 clasa Corp Petroleum Aberdeen 20. Range for Week Ending January Sales , of Prices LOW Exchange itself and is intended to include every security whether bond in which any dealings have occurred during the current year. or * for Week Range Par Stock stock Butler's c American Israeli American American 6% Inc MARC American Mills Ltd— Paper shares Petrofina Jan 27% Sep 45% 800 39 52 Feb Writing 29% 45% 45 1 A 5% Del preferred 5% 5 I Paper . 8,900 4% Dec 7% Jan 1,300 10% Oct 16% Jan 4% 800 4% Apr 31% 350 4% 31 — Oct 5% 11% 5Ve 11 3 of Corp Thread American class Inc SeahJfCap American 14% 22% Mar 18,800 29 12.50 Co American Meter Co ^inyican Dec 800 7 6 29 • Manufacturing American v 4 Jun 28% Dec 33 Nov Ltd & Edmonton Corp Aviation Inc Calgary • 10c 1 Eastern Calif Electric Power common California $3.00 50 $2.50 50 50 1 —5 preferred preferred preferred 6% & Gas Co Consol Oil Calvan Insurance Fire Camden Campbell Chibougamau Mines Ltd—— 1, Amurex Oil Anacon Lead — Ltd Mines Post Radio 2Va 2% % ft % Anthony Apollo Pools 2% 1 Jan Canada Bread 20 Aug Canada Cement 22 Va Jun 6 % % Dec 600 15 Jun 14% 1,700 11 Oct- 5% 2.000 5 May 3% Nov 534 5% 4 Va 3% 8,000 6 Vb 6 Va 6% 300 50% 50 V8 51% 18,400 22% Jan 3% 3% 2,200 3% Dec I 9% 9% 11% 6,600 6% May u>o 91% 90% 91% 270 Corp ' Inr* Inc 8% Jan 6% class Electronics Aruo Arkansas Louisiana Arkansas Armour Arnold 35c Power & Co Altex Oil - 36% 5% Mar Canada Jan Canadian 55% May Dredge & Dock Co Homestead Oils Ltd-. Canadian 7% May Canadian TVs May 12 Sep 1 2y8 4y« Ltd Electric American dep 50 86% Jan 11,400 IP1'. Oct 29 % Feb 2% 19,500 1% Dec 6% J an Capital 1,800 4 Dec 8% Jun Capital % 34,300 Va Associated Food Stores Associated Laundries Associated Oil Associated Nov *1 Jan 1% 6 lc l3/s 6 % 200 1% Jun 400 1 % May 67,100 4% Dec 8% • Supply Oct Carey Aug 8% Sep 9 % Jan 3 % Aug Carter Casco 1% Jan 11% 13 Feb lOe 18% 29,300 Products—10c 2% 2% 1,400 • 55 % 57 V2 1,500 50 % Oct 66 Sep 44 45-% 3,700 30% Oct 58% Jun 1% 1% 14,600 i! Sep 2% Jan 5% 5% 3,600 11% Jam Coast Atlantic Research Atlantica Line del Atlas Corp Atlas Sewing Audio 1 14% 14 Va 1 53/4 >5% 1% Inc Inc 1% 1% 15 6% 8 May Jun 1% Oct 3,200 12% Jan 18 Va Mar 3% Dec 15 Va 10c 29% 27% 30% 47,000 1 5% 5 Va 5% 2,100 5 Oct 1 7% 7% 8% 3,000 63/4 Sep 4% 500 Products Inc Com non-cum Dec 3% 11,700 Corp class 14 18,700 Corp Automatic Steel Inc 5% Inc Plastics Non-voting 1% Mar & warrants Industries Devices Avien 16% 10 pesos Centres Audion-Emenee Aurora Mining option 443/4 5p Corp General Atlas 18% 5c Sugar Golfo Development . Corp Consolidated Atlas Co 3% 5% 1 10c __ 32% Industrial Ayshire Corp 7% Collieries Corp 3 44% 12 Va Mar (J W) Jan 3 Feb '28% Dec 9 Va July >11% Products (A Corp Electric Century Oil Charter 5% 5 % 51« , 5 4% 5% 11,200 14 li Dec Dec 6 Jan Oct 14 Jun Baker Industries Baldwin 15%' 800 7 Jan 17% Dec Christiana Aug 51 y4 Jam Barcelona 50c Light & Power Ltd Wright 5% Jan Bayview Oil Inc 13% 300 16 Mar 3 Nov 4 Jan 20 4% Dec 8 H l3/8 Feb Dec Dec % Apr 8 A Apr 25 Jan 25% Jan 1,300 % 11% ~5% of Canada Instrument Corp Benrus Watch Bickiord's ~5% Co Blumenthal Jun 17% 15% 17% 7,900 13% Oct 25% Mar 7% 7% 73/4 10,100 5% Dec 10% Mar Corp Inc Foil Corp Controller — Co Co Manufacturing 1 Corporation Claussner 10 Co—— Hosiery & Lambert Manufacturing—4 Corporation ——1 Aluminum Products Co — • Clhyton Clopay Club Oils vtc Caribbean Cockshutt Co Farm Equipment Electronics Cohu Inc Bobbie Brooks Bohack (H 5Vu% C) Inc Co Jun Consol 7 % May 10% Jan Consolidated Mining & Smelt Ltd 100 9% Dec 13% Chemical 49% 49 % 49% 2,300 44% May 48% Aug Consolidated 16% 14% 17% 19,900 Feo 253/8 jun Consolidated Royalty Sun footnotes, 6% 4% see page 39% 33 '/a i 50 36. 6% Oil Inc Ray Construction 17% Apr Nov Continental Air 3,800 33/8 Nov 6 3A May Continental Aviation 4% 200 July 6% Jan Continental Commercial 9 % Mar Continental Conector Industries 1,300 53/b Mar 3 37 Va 19 40% 15,700 313/fe 33% 4,900 96% 97 18% 19% 20 6.700 16 263% Apr 8% 26 May 36% Dec Continental Oct 383/4 Feb Continental 94 Sep 10% Oct A class Products Sep 150 5% 24 Ltd Pacific 4% 24 8% 100 Inc 6% ijvb New 4% 24 • Co Oct 8% Feb Feb 6734 Dec Jan 103 Va Sep Feb ft Aug 5% Jan 6% Mar 700 10% 300 14% 200 6% Mar Dec 13 10% Nov 21 Mar 6 Va 6 Va 6% 3,500 43/4 Nov 10 % 66% 62% 67% 12.300 31% Feb 65% 1 % lVa 13/s 14,800 1% Dec 2 3/4 10 63% Jan 70 Aug 100 73 % Jan 83 Aug 66 66 81 81 - Jan Dec Jan 14% 14% 14% 23 % 23 % 23 % 75 27 Va 27 % 500 6% 6% 900 5% Dec 9% Feb 7 7 1^0 6 % Dec 9 Apr 11% '% 18 700 1,900 Oct 21 % July 25% Mar 25% 1.800 Oct 30 % 15% Apr Jan U July 11% Aug 16 Feb May 46 Vb Dec Dec 28% Jan 1% Jan 10,300 24 400 20 % /—% TOO 34 Oct 4 24 28 % 4% 11,800 3 Vb May 26 28% 9.800 20% Oct 3% Jun 23 % 27% • . 1% Feb 5 Vb Mar 43% Jan 5% 4% 5% 22,700 36% 33% 36% 6,100 23% Oct 19% 18 % 19 5 8 1,000 15% Nov 12% .12% 13% 5,900 9% Feb 16 3/a Jun 8% 934 10,200 63/4 Feb 11% Jun 9% Aug 10% Oct 9 6% 44 23% Oct Dec Jan ~7% ~7% 1% 13% 8 "7% 500 534 Aug 9% Mar 3 3% 4,100 2 3/4 Nov 5% Jan 434 3% 5 1,000 3% May 53/4 Jan 1 1% Apr 1 % Aug Sep 8 3/4 13% 6,800 11% 8 34 13% 158.900 17,10) 6% 14 3/8 243/4 23% 25% 13,500 13 3/i 135/8 14% 5,300 10% 10% 11% 1,100 35 333/4 35 3,200 9 9. 9% 8% 9 Va 4,400 4 5/8 4% 100 Jan 13% Jun Nov 21% Dec 10% July 87/8 Dec 23 % Mar 2,000 9 26% Oct 19% Apr 153/4 May 35 Sep 6% . Jun 9 % 7% Oct 14% Jun 4 Jun 5% Jan Sep 6% 6 % 6 3/4 7,900 5% Jun 7% Aug • 21% 20% 21% 4,300 17% Apr 21% Dec 1 1% 1% 1U 3,500 1 Dec 3 3/8 7VB 7Vb 7% 2,50) 7 Dec 9 3/a Mar 1 1 1.25 1 % 1% 2% 14,900 1% Dec 4% Jan • common prior preferred 4% * 4% 500 Co I, Jan 10c Corp Electric Diesel Jan 8 3/8 10% i 3,100 Coastal 8% 1—4 H 3 Hi & 28% 47 % 14% 4% 103/8 \ (S) Dec Oct 200 10 — 44% 3% 57% Inc Blauner's 5% 42% Jan Feb 50c Corp Apr 1134 % 43 8 213,4 2t>c Inc Birdsboro Jan July — —1 10c lc 25c 1 1 Corp 1 Telephone Belock 1% 15 8 800 5 3/8 74 72 12% Oct 9,700 4 Jan Jan 14 99% 53/8 12% Jan 33% ~4 Oct Jan 21 % j Corp 0 12% Jan 32% 50c Ties Jan 5,000 13/a Dec 7.50 — Shoe Sep % 3.500 3% 28% 1% 7 3/a 1.1 Nov Oct 3/4 12 % 10% Dec 15% 'l% Dec 4% July 11% % Oct 13,400 % 6% ft 1% 7% 29% 31 1% Jan 9% 10,400 4 28% 25o A 4% 11% —10c • 1 Colonial Corp of America —1 Colonial Sand & Stone Co 1 Commercial Metals Co 5 Community Public Service 10 Compo Shoe Machinery vtc ext to '65_1 Compudyne Corporation 25c Connelly Containers Inc 50c 300 28% 50c common class Dec 9% 3,300 5 Sep 33/4 11% 6 4% Jan 6!J Jan 9,400 ~~u Jan 1% Dec —.——1 Consolidated (A S) For 5% 450 3,700 Dec l Corp Corp Beau-Brummel Borne 3% 43/4 1 Corp convertible Bearings Bell 18% 3% 24,400 Oil Chromalloy Clary i l Co Corp Candy Baruch-Foster Beck 16 18% 3 % • Construction Engineering Barton's 6% lc Ltd Tr BarChris Barry Corp los Andes American shares Oil Barnes 15% _1 Securities Banco de Banff 1 Co 15% 5% Inc Rubber Baldwin 143/4 7% 2 2- Chesebrough-Pond's Inc Chicago Rivet & Machine Chief Consolidated Mining 6% Jan 300 5 Corp 3% 534 Feb Jun 4 4,700 8% 10 73/4 6 ft Jan Jun 5ft 8% 2.50 1 4 V2 Clarostat class A—1 35% 26 Jan B Gas Jun Jun July % 1,7.00 18 —-— 500 37% July 2ft 20,500 8% Co Ltd— Co Cherry-Burrell Clark & Sep 23 3% Co & M) Chamberlin Co of America Circuit Oil 4% Jun Nov 10 Catalin Corp of America 1 Cenco Instruments Corp 1 Central Hadley Corp 1 Central Maine Power 3.50% pref__100 Central Power & Light 4% pfd 100 Central Securities Corp common——1 $1.40 ser B convertible preferred- _• $1.50 convertible preferred * Castle Cinerama Bailey & Selburn Aug % —1 • 900 700 Jan 7% 4.500 5 1 Co 5% 44% Jan 34% 261 3 % 5.50 9% 43% 334 Nov 4ft Mar 31,300 5,700 $5 preferred-' Ltd Amer dep rets B ord ,2s 6d 4% 15 * 31% 250 534 1 Avis Dec Jun 33/4 32% 3/4 6 Light & 9 Va 1 preferred A 59 Va Jan Labs Testing Atlantic 3% July 800 3 2% 32% 37.900 1 1 Co Power Carreras Chemical Industrial Associated Atco "2% (~2% 5% 1 America Co Stationers "23/4 1 Inc of Gas & 5% £1 50% May 57 % Cities Broadcasting—1 City Products Baxter & Kennedy Inc Carolina reg Jan Jun 9% Canal-Randolph Corp NOV Industries— rets 45 52 5 % 11% 38% May 95% Dec % % *oc Jan 150 % Marconi Canadian Carnation Associated Jan 3% 21% July ' 7% Dec Jan 4% 4 23% 150 { 4% Oct - 57 9 8% 95% 62 56 5 29% 25% 60 57 —* Ltd- Javelin 5.600 95% —4 85% Ltd 26,400 23% 60 % May 2 17% ;Dec 54% May Aug 95% Husky Oil Ltd Canadian Industrial Gas vtc_l • ~ 10c 1 2.50 37% •4''— 2 Co preferred Corp 37% 5,600 12,100 20 1 Can Northwest Mines & Oils Ltd 1 Canadian Petrofina Ltd partic pfd—10 Canadian Williston Minerals _6c 25% Light 4.72 pfd—100 Aluminum common 10% 9 10 ■ 2.50 Co warrants convertible Asamera 25e A Gas & pfd 23,4 20% * • — preference — Southern Petroleums Ltd Canadian Appalachian Power Co 4*%% Ltd Co Ltd Co * 4% 2 5/8 19% Jari ft Aug 17 Va 1 Film & Industries 1% 13 4.75 Ltd Exploration Chemical 1,400 6,700 17 Anglo-Lautaro Nitrate Corp 'A' shs.3.45 Angostura-Wupperman Anken . 1 Corp Amer 2% 3 Products Anchor Andrea Anglo 1 300 A class Co 4.500 2% 20% 23/4 3 8% 100,80) 103/4 11% 4 300 1 6Va 6% 6% 900 A__50c 10c 15% 153/8 1,000 7% 17,200 Corp^—_10c Co 20 Hi Corp_ Corp 39% Paint Materials & Aug Cook Jan Cooper-Jarrett Varnish Inc 2,600 63/4 11% & cl Inc 7% 15 7% !l 100 3 7% Engineering—1 Inc Lines — — —-1 % 47 "53/4 8% ft 200 8% 2,40.) 33/4 Mar 2% Jun 5% Jun 7% Dec 16% Sep 6VB Dec 73/4 Jan 13% Dec 193/b Nov 9% Aug 11 Mar 4 3/a 4,400 47% Feb Jan 32 73/8 Jan Nov ', 1 Jan Jan 48 Dec Dec 17% Jan ^ Volume 193 Number 6023 . . The . Commercial and Financial Chronicle (405) AMERICAN STOCK EXCHANGE Friday STOCKS B non-voung Inc preferred $1 American Dec 19% 17'/a 14'A 700 13% Dec 15'A 1.400 13% Jan ~6% 700 6% Inc Petroleum & Central ley* 20 Sep Jan Gatineau 5 % Feb Nov 8% Jan 9% Jun partic preferred — 15,200 1 % Dec T'/a 19,900 25 % July 4 6'/a Jan 110 6 '/a Dec 8'/a Apr 9 Jun 12'/a Jan 70 14'A 3,300 67 * 6% Power Co Mfg General Jan General Electric Co— Tobacco Cuban Corporation Co 800 2,400 2% Dec 5% Jan General 1,950 4% Nov 8% Jan Dec 18'% Jan Curtis Manufacturing Cutter Laboratories Class B Co class class common 20% 53 58 Va 11% 11 ft 150 18 f Nov 41 Mar Oct 69 Aug 8% 10 Va 13 Dec 19% Jun 7 10'/« 8,600 12% 1,600 Dec 6% General Stores Crystal Dairies Industries Inc Stores Corp common preferred — $4.60 5% Inc Mines Day 6'A Dec 12% Jan 6'A 200 5% Dec 10 Va Aug 8'A Glenmore 3,600 6% Jan 9% Apr Globe Union 18% Apr Gobel (Adolf) Sep Gold 8 7% 8 6 5% 6'/a A pref 35 C Transit System Inc cl A com__20c D class Mfg A stock debenture 8% 10 2% 27% Quality Supermkts 1st preferred 7% 2 % 8'A 4,100 11% 2,500 8% 500 4% 5 5. % 1?. 7% 1,800 9% 9% 9% Jan Dec Dec 500 7 14% 9 Va Jan l'/a Jan Dec Dixon Dome Petroleum Tite 10s 1 1 Research- & 10'/a 10% 2 'A Diversey 7% 10% 700 9% 10% 12,400 8'A 7% 3,500 6ft 6'A Dec 7% Jun 10 Dominion Seal Dominion Steel Aug 12% May 14% Jan Gorham Grand Co Great Great Greer 11% 400 10 Va Dec 16% Feb Gulton 3,800 12% Sep 16% 10 '/4 34 16% Co_ 33% 6,400 7 Dec 13% 4,500 8 Jun 10% Jan Oct 47 Va Jan 23 Va May 33'A Jan T 10% 10% 10 23% 23% 3,700 6,700 6% July >.',/• 100 1 51% * 23 11% 1,400 10 52% 1,100 Jan 12% Dec 54 41 '/a Mar Nov 38% Oct 50% 10'A Dec ll'A 5 — Drug 27% 27 44'A Dec B Hail American States Corp Ham series series 27% 8% and Bond Ltd Dev Share & Corp Hastings Mfg 4 2,600 3% Dec July 6% Jan 31'/a Dec Hazel 650 27 % 28% 1,300 8% 20,500 ".8 6% 4ft Aug 6% 33'/a July Research 4% Oct 13% Feb Hebrew National District National 150 32% Dec 43% Feb Helmerich Jan Hercules 700 24% 22 Apr 24 21% Oct 44V2 182 Sep Ero 1 1 i\f 27% 26 % Jan Herold 32% Aug 1% Jan Esquire Electric Corp 22% Mar 26% 21,200 21 Dec 5 % 16% 300 27'% 9,600 20% Aug 34% Sep 19% 18% 19% 5,100 16 Oct 35'A Jan Hoe Inc—10c 11.% 10%" 11 % 2,000 9% Oct 15% Sep 14% 14 1,800 ll'/a 26% Jan -25c 9% %'. 14% 8 % V 9% 6% 6 6% 4,300 *V» Jun 1% 1% 1% 33,200 19'/a Jan 3'A Feb 8'/a Sep 19'/a 19% 1,200 % May 16 y* Sep 33% 34% 1,000 32% Apr 41 July 8% 8% 100 7% Nov 12 '/a Jun 10% 11% 1% July 22% Jan 3,000 9'A Dec 19% Feb 2% 2 2'A 2,000 1% Nov 3% Feb 1% 1% 2 8,300 1% Apr 2'A July common—60c 5% 5% 5% 1,800 Jun 5 23 50c 4 3% 8 Jun 25 Oct Jan 9,100 % 1ft 1,600 % Dec 2'/a Jan 12'/a _ 4 Va 1ft _ — __ - 11% 12'/a 400 10% Dec 13 Va Feb -'i-. 22% Jan 28% Nov Dec 10% May 5 class A corn—* 6'A 50c 13 Va 11% 10 10 49'/a 46% _ 1 Jan 7% Oct 2% 7% 6,900 l'A 5,400 % Dec 2'/a 14'/a 5,000 5% Aug 12'A Dec 10'A 2,100 9'A Dec 12% Aug 49% 9,700 36 Va Oct 59 '/a Jan 2'A 12,800 1% Dec 6'A Dec 6'A l'/a Industries- & 1 lo uec 38,500 Oct 5% Jun Feb Jan Sep Mar July 99 Sep Nov 14% Ltd 3'/a May 37,700 37 Va "7% 7% 1 18% 17% 18% 4,500 1 18'% 18% 19% 1,000 10c 4% 4'/2 5 % • $1 Dec 3,200 Hotels (R) 5 % Oct 13% 40 5 5 % 4,900 Class & 1 class & Foods A 6% 1 Instrument 6 % 33% 1 149% 6 71 4,200 34 2,300 151% 143 23,400 3,500 27% Inc_50c 4 - • pfd Inc 11% Jan Jan 18'A Dec Apr Dec 3*2 Nov . ft — -ft 4 4'/a Dec Jan 6% Dec Jan 3% 1,000 38% 27,100 33'/a Jun Jun 4% Jun Apr 9'A Dec Oct 52 Va Dec 36 28'A 58% July Nov 103 71'A Jun 10 31 Va 7'/a July 6,900 102 ' 72 l'A Nov Oct Oct 4% 20 7,000 11 49% 20 83 V* Jan 102 72 30 67 Feb 77 Inc 1 % l'/a I 12% 11% 12% 25c com 2% 2% 10 ♦«t '■ ■ 6% 3 Sep Sep 7 Aug 7% 500 11'/a Dec 17% Jan 18,300 2% Dec 6% Jan 127/a Jan 5% 500 8'A Mar ll'A Mar 2,600 9'A Nov 11 6% 7% 4,700 5'/a Nov 7% Sep 2% 3% 8,000 2 Oct 3'A Jan 9Va 10 Va 6,500 6% Oct 9% Jun 3% 50c 12'A 7% 1 3'A common— 2.50 Dec Jan 12'A 3% 800 3% Dec 77/a July 1 — Inc "warrants" Co 1'7 Feb Mar 8'A July Dec 12 ll'A 10 Sep Oil Co Ltd l'/a 1% 1,000 5 23'A 22'/2 23% 2,200 50c Mines 1% l'/a 1% 5,200 1 A 5'/a 4% 5% 1,800 * common class 34% 34% 36% "8% • B • (Geo A) & Co 1 2'A Sep Dec Jan 3l'A Dec % - Jan 2'A Aug 2% Mar 4'A Oct 7ft Dec ~13% Jan 1,700 m 8ft IV* 19 7.50 X36 9 8|J 34'/a x36 2,500 900 7 Jun 12% Jan 900 30 .Jun 39 Va Feb Horn & Horn & 5 % Hardart Baking Hardart Co • Hoskins (The) Hubbell B Inc Co .' class A 1 com 10c 48 97 98% 31 31 8'/a 8 8'/2 1,790 115 165 47'A Apr 99 300 29 Nov 38'A 700 7 Va Dec 14 16 3'/a < 16'A 1,200 13% Sep 23'A 15'A 16'A 1,700 13% Sep 22 3% 13,000 2% Dec 21'/a Dec 3 1 22'A 19'/a 22% 3,200 26% 23'/a 26'A 31,000 5 Products Jun Jun 94 2.50 Inc . 32 Va 40 4,300 15'A 5 5 common Hycon Manufacturing Co. Hydromatics Inc Food 45'A 2.50 Motors (Harvey) Class 47% 100 Mfg Co Electric 189'A 172 189'A * common preferred 29'A 28% 30 33VaC 12% 12% 13'A 4'A 25% Dec Dec Oct Jun Mar Apr Aor Sep Nov 18 'A Mar 43% May 2,300 25% 37 Nov 1,600 11% May 21% Jun 7 A July 10% Apr Jan 34% Oct Feb Inc Gold Holly Stores Inc Holophane Co new Howell % Jun 4% May 21 10,400 14,200 48 ' 25c Class 12 Va 110'A — 5'A 27% 10% 1 38'A 100 Corporation Hormel 20% 5 4% 26 11 ♦ A Hygrade Corp % 5'A * 50c Sep JNOV 10 Jan 65 Jan 6'A 1 4% 10c Hoffman International Corp Dec 7 17,200 13 10 —10c 6 Va 10 59,700 ft 25c or 7%. 1,900 10c 5'A% Supermarkets 4% Dec 6'A 1 5'/a Co convertible preferred Realization Corp Hiller 48% Apr 3 4,500 10 —: 4% May 1 70 — 5 Va 61 10,500 46,200 850 900 25c 17% 4 65% Electronics™ & 95% 4% 63% Jan 15% 48% 65% 9% 5'A 95% ft Co.: Co —25 ft Dec b 3% Nov Oct 3'A 16 % 4% 5'/a 2,700 95 7 47% Dec 1,600 3% Consol 4 18% 7% 3% Industries 4% 700 7'A 7'A 22 3% Hollinger 48% 8'A 32% Sep 22% 7'A 10c Hofmann 1 Jan Inc Holly 1 5 22% 1 Products 34 10c 10,100 8'/a 10 „ Jan Dec 8'A Dec Dec 19'/a May 8'A Nov — 8'A 3% 8% Nov common 9,500 4% May Mar 8% 4% Aug 5,900 4 90'A 4'A 4% 3 14% 28 lttva Mar 7'/a 21 - 1,200 6% 4,100 6 Va 1,800 25% .' ft 7,000 9 7% 24% 7 Va 2,000 12 2 8 10c 5% 10% 2 ■mm< 25c Payne Galion Hydrometals & 1 100 24% Electronics. Camera ——10c ft Co 5% —1 Electronics Corporation (Max) Feb 25c 22% 10% pld_^_100 Pipe Line Exquisite Form Industries Inc Fairchild 2% Inc 5% Eureka Factor 600 30 Kosher 24% — Fabrex 17% July 14'/a 34% Mar 2% 2 * 5% Corp preferred Radio & Radio Hill's ■ Inc Esquire Eureka Oct 7% May Dec 11% Light 1—20c Steel & 20% 1 Manufacturing Co Highway Trailer Industries 16% Corp Manufacturing Mfg 10% 500 2% Higbie Jun iil 6,400 iir 27% 169% Apr 24 common common— convertible preferred Espey 1,600 Jan Oct 9 7,400 16% Co Equity, Corp 1st 3,900 5 preferred 7'% Home cum 12'/a 12% 26 Oct 10c Co Corp (WE) & 4 % Dec 167'/a America—__——1 new Empire 6 ',"0 11% 11% 25% 2% Inc Rubinstein 3% 25 Facilities of Corp & 12% Co Mining 153% 22% —.—ft—1 Associates Missile Air-Freight Forge 12 Corp Lithographing Bishop Inc Corp 900 35 23% —1 10c Corp— Specialty Empire $2 13'A Mar Hazeltine Hilton Erie Dec May Jan 50c Communications Inc 9% 16% Inc Havana 17% May 23% Apr 27% 35 5 : __—. Electronic El-Tronics 700 1 Electric Dec 3% 1 Assistance Electronics 11 % 1 Corp Stores Hecla 1 : Electronic Emery 10 % Corporation 2% * * B & 18 ' 10c Inc Hartfield 4% 1 A preferred Electronic 14% Jan 2 Harnischfeger 800 26 25 common— preferred Electronic Sep Jun 11% 21,300 1 —* Corp— Harmon-Kardon 3% 20c Inc Iron Corporation Electronic 68% 7% 400 r 1 Heli-Coil Malleable Electrographic Oct 39 12'/a * Plywood Corp 3 —.. Eastern Electric Nov 12l/a «14'A Lamp Co Harbor 2Kl 3 10s reg & Hartford Co Corp Mines 4,800 95'/a H H Heller Elder I Apr Jan 11% Inc Jan 9% E $6 Jan 85% so 13'A Industries. Dec 8% 9% 27% —1 Co—_—— 2j 8% 9% * Freightways $7 57% ; 11% July ~8% 32.50 —1 1 m(. Eastern Edo 54'A : 100'A Jan 34 10% Dec 11% — & Industires 8% May 4 Inc — Western Helena Eastern 56'/a Products Land Jan Dec Feb 9 Va Mar Rubber Test 93'/a Mines _ Industries 11% --1 common—* —1 Duval Sulphur & Potash Co * Dynamics Corp of America 1 Duro 93 Va Leases Guerdon & 8% May 28'A Mar Ltd— American dep rets ord Duraloy (The) Co Durham Hosiery class B Dunlop 93'/a 4c B Corp class A Company Stores 3% 1% Jun 94 —5 _ Freehold Jun 500 u Grocery Gulf 200 Ltd Power -9% _1 r class series A Hydraulics Griesedieck Feb 6,100 Drug Fair-Community Duke 9% Jun 24% 1 Inc Producers preferred 20% 11 Corp— Harris Driver 9% 8'/a 20% 11,600 .—• Inc Chemical Western 6% Oct 12 Exploration Co & 1% <\ Dec Aug 10% May • Inc Lakes 15% 10% Corp Drilling Nov 26% Mar 23,400 ' * Industries Amer Great 100 11 Va (The) Brewery 18% l'/a Gray Manufacturing Co 17 15% Ltd common— preferred Draper 39% 4% 17% 1 Manufacturing Co States 15% Inc Douglas Oil Company— Dow Jan 100 1% Manufacturing Gulf nvs Textile Co $2 6% 2,600 1 Rapids Varnish Jan * 7.50 Tar Dominion Dorsey Jan Dec 4,700 18'/* 1 Consolidated 9% & Chemical Co Ltd——* Dominion Dorr-Oliver stock ord Coal & Jun 23% _* Products Goodman 17 * • Bridge Co Ltd 29 '/a Dec -38% 4'/a 15% Corp Industries Warrants Ltd Jan Jun 5 34% 15% Mines Ltd—i Distilleries Goldfield Gridoil rets ord reg Corp Chemical Glass Jah 11% May 10 'A May Dec 9'A Feb 8'A Mar Dec 413 July 14% 4% May % Dec 24,800 7 % 3 Va 143 Nov 7'A Jan 28% Jan 9'A 2,800 u 7 '/a Apr Nov 135 Sep 4% 6% 10% 37,200 18'A Dec 12 18'A May 10 10% Dec 1% 2,600 28% 144 8 Va 4}£ 3 5'A Dec Ltd— Co dep Apr 3'A July 300 8% com__10c 10 Dilbert's 2% 27% 11 1 Detroit Gasket & Manufacturing-.:—1 Detroit Industrial Products 1 Devon-Palmer Oils Ltd—_— —25c Amer 4'A 20,600 10 144 Desilu Productions Inc Distillers 6,100 Feb 29'A 50c 5 —100 Stores Dejay Dennison 13'/a class Corp Dayco •>' 12'A 6 Jan 3% May 18% May 4 4% — 6 250 n 34% - Co__ Co 7% 1 : C) 7'A 10c Brothers Inc Davidson (A "7% 17'A 12 50c , Yellowknife Gilchrist 17'A Corp Corporation Controls 8 10,300 Oct —• preferred 7% 50c —50c .2.50 20 1% 8ep Jun 3% July 8,500 2,800 2.50 Genung's Incorporated Power $5 preferred Gilbert Daryl 3 V* 3'A 5 —5 4 Georgia Giant D Davega 1,200 2'A 4% £1 1 Fireproofing Giannini Daitch 89% 101 Dec 3 1 Plywood 19'/* May 18% May Dec 5'/a 5 Feb Jun 1% Dec 39% 15,000 i' • A common.l 1 A 19'A 33% 100 200 25 General Gas Corp. General Indus Enterprises 46 % 1,500 2 4% 1 dep rets ord reg 6'A 58 High Ltd— 3 207/B ——* — Range for Year 1960 Low 38% ~2 —1 Corp common 5 % convertible preferred General Development Corp Dec 38 m— Co 72 15 * —- "wts" Builders General Cubic Shares High ***"*■ 1 Acceptance Alloys General American 38'A 100 Co 5% . Sales Low • common preferred Gelhnan 2% 25c Co common--10c 2.50 Co i; Crystal Oil & Land 2 l3Va 14 Dec 32 31 6% 5 (Md) "A" Cork Internat'l Drug 31 % 1 Petroleum Crown T% 2 5 Co Crown 6 (Del)_50c ._. Milner for Week of Prices G General (ord reg)„_£1 Industries Carrier 18% 18 % Mar x6% Range Week's Apr 15'/a 6'A Last Par Jan Nov 13% 1.50 dep receipts Crane $1.12 16 * 15 >/b . Sale Price American Stock Exchange High 15% 1 A Corp Creole Crown 100 Ltd— Courtauids Crowley Range for Year I960 Low 15% , Friday Shares High 15% 5 — common class Beverage Cott Low STOCKS * —. : Reynolds & Corroon of Prices Distilling Ltd cl A voting-" (H) Coro for vVeek Sale Price Par Class Range (Range for Week Ended January 20) Sales Last American Stock Exchange Corby Week's 33 Dec 201% Aug Fajardo Eastern Sugar Associates— Common $2 shs of beneficial 1 32'A 32 32'A 14 Jan 32% 30 29'A 29% 29'A 200 26'A Jun 29 —1.50 '5% 5% 5% 1,600 4% Dec 17% 17% 17% 600 int preferred Falcon Seaboard Drilling Co Fanny Farmer Candy Shops Inc Faraday Uranium Mines Ltd Fargo Oils Ltd Federated Pennont 1 1 1 1 ft nr Dec IMC Aug Imperial 19% 15% Mar Aug 7% Aug Filmways Inc Financial 5% 5% 800 1 "5% 5% 5% 9,900 4 July 6'A Jan 5% 5'/4 5% 2,200 4 Va Aug 7Va 10c 10% 9% 10% 9,700 9 V« Jun 3% 3% 3% 5,600 1 A— General r 10c Corp * Corp 4'A • 20,900 % Feb l'A Dec 57,700 2ft Nov 4% Jan 8 Jun 4% May Corp 60c convertible Firth Sterling Fischer <5c Fishman Flying <M Tiger H) Ford Motor of Motor Co Forest Fox City Head Fresnillo Friendly Fuller Co dep (Geo For A) ~5% 22'A Inc 1 Inc.: 1 Canada rets Company 13'A 11% 13'A 10% 10% 2,000 5% 24,000 ~4 22% 5'/a 20 15,400 16'A Dec 12% Dec 13'A 12'A 1,400 42,600 Va 8 To'A Tan Dec 20% 140 140 6J 20 20 1,600 11% 10% 10% 4,700 10 Feb 13% Oct 1 . 1.25 10% 1% 1 % 1 4% 4 8'% 8 1*. 5 — footnotes, reg 9]£ 9ft 10'/a 12,300 38% 38% 39% 3,100 30% July 39 Jan 13'A 13 Va 13% 600 ll'A 13'A Dec Tobacco see page 36. 32 % 30% 1% 42,000 1 Dec 4,500 3% 2,400 7% Oct, 2 Aug 8% 14'A Nov 4% 32 1.400 of 26 Oct Canada 8 l'A 82% 150 78 Va 5 Plywood Credit Corp Homes .., / 25c 1 Co Inc class A Corp Insurance Co International Breweries 5 5 Mar 86 Va Aug Jun 6'A 700 4'A Jan 4% 5'A 3,000 3'A Nov 7% Feb 18% 19% 5,500 14'A Nov 20% Dec 8 V* 5'A 19% Aug 11 Jan 78'/a Dec 89 81% 5 85 1 Inc 10 Jan 8% May —1 of North America Aug ll'A 11'/a 11% 31 32 International Holdings Corp 1 32 International Products 5 10% 33'Ac 1 pfd—100 7% 2'/a 9,900 900 1,400 ll'A 16,300 7'A 7% 2,400 2'/a 2'A 500 9Va 60'A July 6"% Jun 14'A May 9% 26 31% Jan Dec 16% Jan Jan 20% Oct Jan 181'A Nov 111 Dec 18 Jun £1 - 10c Inc Ct> Imperial Inland * reg Sep £1 * ord Imperial Tob of Gt Brit & IrelandJEl Indianpolis Pwr & Light 4% pfd_ 100 Indust Electronic Hardware Corp..50c Oil Intex ord rets (Canada) Oil Inland Ltd— Brewing Co (The) 2.50 1 Enterprises— Frost 10'A 8 1 Co Line Ford American preferred Inc Porter Imperial Industrial common Industries— 11% Mar First National Realty & Construc¬ tion dep ! Corp Chemical Jan 10c class 1ft 3 'A 25c Purchaser Petroleum l'A 4'/a Magnetics American j.,5 Sep Mar Investors Iowa Iron Company Royalty Public Service Co 3.90% Fireman Jan Ironrite 8% Dec Irving Inc 39'A Feb Israel-American Air Manufacturing— — — Chute Oil 1 1 ——' 1 Corp: .—10c — 16 9 Jan - 6 18'/8 ft 16% 1,400 6'A 16 1,700 20'A 2 Sep 2'A Jan 72 — 20% ft B% July Feb July 78% Dec 15'A Dec 21% July Dec 10 Va 1,800 13% Oct 31% Feb 97,700 V, Nov 1% .i*n 6 Aug 34 AMERICAN STOCK EXCHANGE American Stock Sale Price Exchange Sales Range Last STOCKS for Week of Prices Par Low Shares Low 13% 14% Jetronic Industries Inc 100 7% 7% Jupiter Oils Ltd___ 150 2% 1% 5,500 8% 2% Feb 16 'ft Jan M't 3,700 . 9 6% Nov 13% Jun Mount 185,000 lft May 2ft Jun Diablo 200 4 ~3% 1 15% 14 3/4 15% 25% 25%. 26 1 8% Vernon Videotronics class A— Kaiser Industries Corp (D) & Company Gas & Electric 4% % Kansas Katz Drug Kawneer Co Kidde 3% 31 25c 72% 65 23% & Dec 24,800 3 Nov Jan Jan Muskogee Co 88 Jan 96 Oct Muter 26 y« Jun 37 Inc__. 10,870 39% Feb — 9,400 6 % 78 13 2.50 15% 14% 15% 1 2% 2% 2% ,24 3 4 19% Jan Dec 18% Company 2,600 Copper Colbalt Ltd Kin-Ark Oil Company Kingsford Company Kingston Products Kirby Petroleum Co Kirkland Klein 1 Kleinert (IB) 2 % Rubber Dec 2 % Jan Oct 2 % Jan 2% 2,000 2% 20,800 2% 1% 2% 1% % iti 9,600 13% 12% 14% 13,500 10 va 5 Co 29 27% 29% 2,800 17'ft .4'ft 4% 5 Corp. Stores - ; 4 % Mar Dec 3% Jan -ft July ft Jau Oct 19%! Jan Feb 25 % Sep Nov 2 26,600 4'ft Dec 24 % 203ft July " —. _ Oct Jan 7.50 18% 18 'ft 18% 300 133/a Apr 1 18% 18% 19'ft 15,000 18% Dec 23% 1 18% 18% 19 19 Dec 23 'ft Mar 33 V:.o 2% 2% Kratter (The) Corp Class A convertible preferred $1.20 % 1 % 1 Hotels Kobacker 1,800 3,800 2% 4% Knott 1 2 l Dept Stores Inc 3|j} Mar ft 1 20o Minerals Corp Ltd. (S) 1% Mar 1% lo« 1.25 _ Eropp (The) Forge Co Dec 27% NOV 7% Nov 9% Dec . 2,100 2'ft 1% 2,600 19 3'ft Sep Sep Apr Jan Industries Napco — Hess. Bellas National La Consolidada S A Lafayette Lake Mines 3 Corp 7% 15% Lakey Foundry Corp 1 Lamb 3 6% Lanston Industries Larchfield ,"!■ Jan 8 3/a 3,500 37% 12% Dec La Salle Lefcoiii-t Leonard Le borp. Realty Refineries Tourneau . (RG) Inc 1 __ Jan 9% May Jan 16 1,000 13'ft Dec 26% ft 5% preferred Lithium Locke Corp Steel Lock wood 1 , . Bartlett— 8% 20'ft Sep Oct fa'ft Jan 6% 12'ft Jan 3 3 23/s Jan 3% — 15% — - 36 _• 10% 10%' 10c 3% 2% l}ft 14 193/8 1 10 50c Ltd— 1 ft Co Transit National Video class Corp Natus l3/4 14ftt v 19%' 20 > , Oct 28 Jan 41 Oct 18% 8,200 12% •' 400 15% ft *- 9,300 8% • 100 - Oct 29'ft Oct 11% Oct 11 / Nov 8'/» Oct 1% Dec 11,700 1,200 300 210 103/8 May 16 23% 24 Oct 153ft Nov 900 *1,700 11 18% Feb 16% Sep 10% Jan * 13% - 11,600 36' 3% Jan Aug Jan Jan Mar 26 - 9"% ' •* * 38 July Dec 20 May 1 1 20% 203ft 21 17 */4 14 16'% 13% 18%( 14% 28% 30 A___ 2 1 Co __ Oct 8% 23/4 300 3,000 2% 2 Juris 3% Mar 13% Nov' 3% Jan 2% 54,960 2% 2% 2% __ 30c i IViur 850 ' ft" *»i;ft' Associates Union Electric Corp National 100 36 23 '/8 12% 14 8% 22% 1% 13% 17% 18% 34 % !— Machinery Car 35% 20% • ■ * Jan • 12 ; Feb Apr 24 % Aug 14,800 153/4 Nov 17% Nov 1,000 12% Oct 15% July 7,600 34 17% Ma/ 3,200 •• 8% Sep 11% Apr 33 Nov 63 'ft Jan 2 Nov 7% Jan 800 11'ft 30'ft 1,800 — * - Idria Jersey Min 43% 1 Chem & l3ft Park Process New York Auction New York & 41% 1 % 34% Jun 40 3/a Dec 2% Jun ' Jan 43% 9,800 1% 31,100 % 4 12,400 'ft Dec 1 Jan 19% 203/s 6,400 18% Oct 32 Jan 2,700 8% Oct 13% Jan ~ «s Dec i New York 7 'ft Jan Nickel 24'ft Jan 9% 9 % 1 1% 1 Vb Mining Co Nipissing % 20 1 10 1% 6,600 25 26% "866 34% 3 fa % 2,800 1 • Co Merchandise: 2% May 36% Dec 25% Oct 413/4 Aug 25% Ncv 43 Jan 21 — 3.33% Rosario Honduras Nov 125% ——-• Co Sep 30 Jan 154 ' 10 Feb ' Dec 13% Land Jan Jan 50c ,_25o New 7'ft Co— Zinc. New 6% 6 5/8 750 __20 Watch Co Clock & New Mexico & Arizona Dec -4,700 20% New Tel & Tel England Haven 43ft ' 100 7% 9 8'ft — 13% Aug 32% Jan 93ft May 2l'ft Dec 200 — 20 Jan New New Oct 8% 2,300 2% • 7% Dec 27,700 40 7'ft Jun 5'ft 1,800 . 8% 8'ft 5 600 6'ft 6% 2% — 5 America Inc of Chain Kessler & 4'ft 19,100 ..=■• Jan 6 29 10 1,300 8 i Nesile-Le 19 4% 7% __2 Inc Corpi-— Starch & Chemical 6% Jan 4 % 7% 25c ; Industries Rubber Sep Oct Jan Apr 6'ft .5 Steel 4»ft 43ft 13% 12% Oct Research Oct 15% Dec Nov 3% Presto 400 1,400 7% National National 8 % t 7 %■ i Corp Nelly Don Inc 11'ft 29 Jan 1,000 National Jlltl 1 39% 1 Y com 83/u 1,100 1 Stores National Petroleum Ltd Oct " Liberty Fabrics of N Oct 4,800 61 5 3ft 2,700 8'ft _3 5 8 VB '■ Mlg 14% 6% ~2% Inc_. 3,700 6%' * - 4'ft Electric Weld Machines—.—1 Equipment Rental Ltd—.—1 7 Sep 9'ft July 6 5 Jun 8% National 3'ft July 1,400 17% "i'ft —5 25c University Corp 34% ' 3% National 5% 63ft : ..1 Extension Leesoua 5 Jan Oct ' 7% National 2,300 15% 10 Inc Corp 6'/u 1 National 16% 5 Sep ,143/4 29 1,400 353ft ' 8'ft f New Industries Lamson Corp of Delaware Lamson & Sessions-Co % 7% Dec 500 8% 8 3/a 34% 6 Company Inc 17,700 5% 5% 7% Jan 34% 8 — Company Casket National 4% . 4 Feb 23 % Aug 3% 4'ft National 15% 133/4 4 1 Ltd 39% 365/8 75 Desos . Electronics Radio Shore • 8% 34'ft .8 : (Mich) Co Brewing National 37% G'ft Sep 30 ' Milling. .3 National Alfalfa Dehydrat & National - — - Inc . 1 Nov 17 1,400 ?/ .1 — — — Inc ; • Inc__ f 15,900 22% ! 38 ' .r) .1 Corp Namm-Loeser's National Telefilm Apparel 21% 34 1 N National L'Aiglon Jan 22% Sep Naehman Kilembe 16 3ft Dec Dec 12% 1,800 Apr 11% 1 Co Jan May 14 July July 26 1 16% 3,200 73% 25% 8 97 29% 54,700 10 97 31 5 Stores (Walter) 11% 3 % 50c L (Del) Jewelry 10% 3% pfd__100 Company Kaweclci Chemical Co Kay iiy8 I Kaltman Feb 4% 16,800 4% / 4 22% 5 2.50 10 -50e 4 1,100 38 1 Corporation Ohio Mlg Co_ Muskegon Piston Ring Co__—... Murphy Murray Jan Dec 12,100 8% 8% 4 5/b 1 Muntz TV Inc 3'ft 3% Aug 2,000 . K High Dec 900 2.50 Mountain States Tel & Tel_____—12.50 MPO Range for Year I960 LOW 2 % 2 3% 4 Company Mills Inc Shares High 2% com—1 preferred 6 '/<: 13% Co Products Metal Clemens for Week Low Par High Sales Range of Prices Sale Price American Stock Exchange Range for Year I960 Mt Glass Week's Last STOCKS High Monday, January 23, 1961 ... (Range for Week Ended January 20) Friday Week's Friday Jeannette Chronicle The Commercial and Financial (406) 15'ft Nov Nov > / Rim Mines Ltd—— Noma • 1 Mines Lit.es , ft 3/a ft % 1 1 Inc_ 5 , % Nov U Nov 1% Jan 4 3/4 Dec 10% Jan 33/4 Dec 6 'ft July 7,800 % 4% 400 - 4,200 5 }i! Jan ' Class A _25c ■ — 4% 3% — 1,500 3 3ft 7'ft Dec Apr Norfolk Southern & Railway __J0 42% 43 1,700 41 4% 4% 42% 14,300 41% 1 : , 43 43/8 " North American Cement class A Class B Lodge & Shipley (The) Co ___1 Longines-Wittnauer Watch Co.. 1 Loral Electronics Corp new com__25c ... Louisiana Gas Louisiana Land Lucky Friday Lynch Lead (The) 1% 11 Vs 300 36% 11 2,400 55,000 35% 31% 10 xl7% 16% 17% 62.3,4 64 % 19 19 2 Jan Dec 15% Oct 36'% Dec 15% Sep 18% Sep 42% July 62% Dec 100 12 Vb 11% 9% 1134 Sep 15% Dec 25 - Oct 30 Apr 7% 15,300 10 American Royalties Inc ___1 24% 3,850 2o Va 1% 39 Sep- Jan 393/s Nov. .f' Jan 3 % Jan 3% Sep Jan Jan 23 Va 2.50 Corp 2% 10% 11,600 Co Dec 1 5,100 64% Exploration Silver Lunkenlieimer 1% 30c Mines-.,—10c Service & ftl% North 15 Dec Aug North Canadian Northeast North Northern Nova RR Ind 1}f: 2% 4% 4% 4% 1% 10,300 3 % 4,400« 61 ...50 % Mines 1 Corp (Del); — 4% JOc Dec Nov 6% May 67% Dec 86% 130 ft 7j/b 18,800 ft Dec 1,500 5 3/4 4% 65,700 6 86 % ft 7% 43/8 86'ft 4%% .pfd—100 Ltd 1 Serv of Amer A Corp 2 ft 1 !___ Nickel Industrial Nuclear 25 LLd_> Co__ Pub Rankin North Oils Airlines Penil __ 74,300 79 Jan 2% Feb 88% Sep 13/a Jan Nov 13 3/« Jan Jun 5 '/a • AUf M o 9% 2,300 83% Oct 12% jan 19% 19% 20% 9,400 13% Dec 363,1, jan 1 20% 19% 20'ft 1,300 16 Oct 27% July- 33%c l'ft l'ft 1% *2,300 1% Dec 2'% Sep 21,100 % Oct I'/b 1% MarFadden Publications Inc Mack Trucks Macke Inc ^ (G B) Corp class Airlines Inc Mackey A Magellan Petroleum Corp vtc ' _lc Mages Sporting Goods Magna Oil Corporation Maine Public 9 1 warrants % % _10c 5,400 __50c 5»/0 5% 4 'ft 2,700 7 Inc 23% 23 23 % 30 29 30% 16,000 36 33% 36'ft 43/8 1,200 • Co 2,600 Dec Marconi Tire Rubber. & International Communication Martin Co Co Feb Ohio Power 4%% Sep Okali.a 11 % May 20 Jan 23% Sep 21% Sep 28'% 26'ft Mar Mead Oil 36'ft Sep Inc 14,700 24,100 3% 1,200 13% 1,700 ft 82 87 6,400 23% 24% ft 2,300 34'% 19% 8% Aug 16 1'% Feb Jan 92 Nov 27a% Sep jan 534 6% 2,600 4% Oct 9% Feb 14% 3,000 10'% Dec 21% Jan 1 23/b 23/a 2% 3,700 11% 113/a 11% 600 1% May 10% Jun 40c Miller Wohl Co common Aluminum Company Missouri-Kansas-Texas RR Inc Pacific Paciuc 1,000 8 Dec 16% Jan Paciifc 22 Jan 43 % Jun cacilic 4 Aug 6 3/a Feb 12% 13% 900 II Dec 20% Jun 21 22 3/a 1,800 19 Dec 24 Va Jan 15% 16% 7,000 11% Aug 153/a Dec 5% Oct 7 July Jun 35 Feb 5% 1,300 35% 150 4 _/iue "ctfs'ft / ... ft' Molybdenite Corp (Can) Ltd ftMolybdenum Corp of America... 12'ft ^100 "f ^ '"r" 33 400 10% Jun 100- 95 Feb 104 23%. Nov 39 28% .3% 28% 100 5'% 6'ft 3,900 4% 1,000 "2% 13% Sep 3'ft" ~ 33% Nov t zZZl 38 38 245/8 1. 12'% 101% 101% ;e% y2 4 23 40 ft MOnongahela 4.40% 4.80% 4.50% Power Co— preferred preferred ... series . : ... B Jan Aug Jan 9% * Jan 4 Jan 4,100 % 7,800 28% Oct 593% Jan 1,700 18 Oct» 39% Chemical- Co_ see page 3% 91 85 91% 6,600 36. * * 3" -- - 120. 20 80 1% Sep 8% Oct 146% 146% ll3/. 13'% 300 8,900 Feb 90 96 67% Jan 83 % 146% &, Electric 7% Nov 3% Oct 18% 14% 15% 900 16 . 48% Mar 1,900 Jun 5'ft Feb 75 % Jan Aug 15% Sep 19 % 12 600 4% " 4 Dec 20 Jan 3% Dec 7% Feb 5,800 18% 1,700 15% Dec 22'ft Aug 46 Jun 39 39% 1,600 32 Oct 31 'Vb 31% 31% 2,400 29% Jan 28 28 283ft 1,500 26% Jan 253/4 25%. 100 24% Jan Bep 27'% Mar 25'ft 25'ft 2,400 25 Vb Jan 2a % July 25% 25% 1,900 233ft 24% 24 5 23 23 22 % 22% • & _—— 6% 1st pfd—25 preferred 1st __ 25% 24% 23 , 22% Industries — 31% July 28 Va 26'ft Aug 223/4 Mar 24% Aug 700 21 Jan 30 3/4 Jan 400 . jan 500 b 20% Jan 22;% Sep 93 Aug 7% 7% 13,000 89'% 90% 400 82 88 88 100 793/4 Jan 90% Sep 93% *9434 360 85 Jan 98'ft Aug 13334 133% 10 122 % May 1333/4 Sep 220 78'ft Jan 89% Aug dividend preferred Petroleums , Ltd & Light 5% A Paddington Corp class Page-Hersey Tubes Pali Corp class A pfd 87 87 1 3% 11.% ^',4 100 —1 * 1 ^... 25% 30 vtc_J2 Bol 1'% Amer shares—1 Bol ——1 8'ft 5% <C A) 3% 7,700 .115/8 22,500 6 3/8 2,100 2% 11 . 6 '% 51 7b. -63 3 4 24% 25j'8 29 31 1 V-t Petroleum 88 100% 100'ft -- < Jan ' ' — Power Pancoaslal 94% 1 Airlines. Northern Pacific 6% 90 'ft —2 Inc___ Lighting $4.50 preferred Warrants Jan Paniepec Oil 141 1"*% 46 Jan Dec Dec Mar . 92% 156 (C'A) Chemical Company. Electrochemical Corp class A_.10c Pen Co class Jan Parker Oct Parkfersburg-Aetna Patino of Canada Class 83 12% Moody Investors Senice partic pref footnotes, ••• 100; Montgomery Ward & Co ciass A. For 3% 3% Jan 1,800 Aug 93,4 Jan Jan 100% Apr 18% Jan 59% Aug 20% July 2-t^8 Oct 17,200 * 4% 13% Jun 90 50 Oct Jun 5% 4,400 1% ... .. 2% 8 303/4 59,300/ ■{« 39 2"% Dec Jan Jan Aug Jan Jan 25 ... 100 loo -preferred series .Montrose 3% Products Clay Uas Paci|Uc Park j 3,000 1,400 17% '* 18% —• $4.75 dividend preferred -*■ $4.75 conv dividend preferred—___* $4.36 dividend preferred ... • $4.40 Park Monogram Precision Industries Corp Pacific 5% 35% • pfd Aug U 4% July 13 Vn July 6,900 50 ... Jan 95 ' Jun 59 4 ...1 —25 5% 1st preferred —25 6% redeemable 1st preferred ~25 5% redeemable 1st pfd series A—25 4.80% redeemable 1st preferred—25 r,4.50% redeemable 1st preferred—25 4.36% redeemable 1st pielerl'ed___25 5 % '/v 8% 50c preferred... Jan 253/4 Mar "36 Jan % 6 3ft 56% —— , Manufacturing class A com....1 38% 163/8 87 4% 18 1 Oxford 8% x22% 160 2,800 . :■ 5.3/4, 56% ...a ■ — Securities Electric 363ft 2.50 Mill Factors Corp. Mirro Corp. Min Overseas 8% 5 73ft Oct 4% O'okiep Copper Co Ltd Amer shares.lOs 383/s • 13 % 5% ._1 —7 preferred 1 Mining Corp of Canada Minnesota: Pwr & Light 8% .90c -— Old Town Corp common 1 preferred _50c convertible Ltd Jan May 13'ft Inc conv % il;« 23% July ' Oils • Jan Nov 5% Corp Corp $1 Airlines 84% 23 7 b Jan 60 10 Associates, Warrants 5 3/a 16 % 1,700 92% 3 % July 15,800 2% Aug 164 34 Dec 13% Piping Co Mohawk 4% 14% % May 1 Mid-West Abrasive 4%% 434 16 2,200 100 _ 6% preferred Micromatic Hone .100 preferred 'ft'/ - 14% 29% Jail 126'% 139 1353't • Jan 9% 114,100 1 Extruders Midwest 12% Dec 3 5 Corp Michigan Chemical Corp Michigan Sugar Co common Oil Oct 6 6% 25/8 1 Mesabi Iron Co Microwave 8% 11% 6'/8 l Midland 10,200 10% • ' 14'ft it; ' 29% 91% "• Dec 3 1 Miami 33% 6% Mfg Co Refrigerating Co Mining Corp Ltd 4Vb Aug Apr 11 % Merchants Thermit Jan Aug • 50c Merrill Island & 19% 173/b 31% 1 Metal Dec 8,800 30% Co Menasco 7 4% 3 Inc. & 6,000 31% ... Corp Johnson 9 £1 Ltd— Industries McCulloch 8% 5% 14% 50c Oxford Ltd Co 8% — Dec Marine warrants Massey-Ferguson Maule 2.30 __ — —1 Brass Opehku Mansfield __ 6 % 20c Corp Ogden Corp Ohio ' 1 Service Majestic Specialities Mangel Stores y»May Petroleum Occidental Sep Nov. Aug 14% Aug 55 % Dec B —2 2 A. — 1 1__ —2 Pato Consolidated Gold Dredg Ltd—_1 Peu iu.su lav Metal Precincts ...1 Penn Traffic- Co :.2.50Pentron Electronics Corp —1 Corp __ — % 8 % 9% 5' 14%" 12% 8% li! : 'ft. Dec 1% Mar 6% 12% Jan Jun 16% Jan 15% Feb 12% Jan 4% Sep ,3'ft Oct 21,900 1,000 Oct 12.3,1B 600 5% "14% 12% 7% 8,800 12% 1,000 8% 6,300 : 11 % 7 Jun * Dec "" 3% 234 11 % 3% 1,000 2% 21 r> It! 7,700 103/b 11% 20,900 6 % May % 19,460 6 3% July 2% Dec ■—.y'- 3% 2% 33; * 3% Mar 2 % ... Dec ' 11% Aug "73/4 Feb 6 'ft' May Volume 193 Number 6023 . . The Commercial and Financial . Chronicle (407) AMERICAN STOCK EXCHANGE • ' : • 1 Friday STOCKS American Stock Week 's Exchange of Prices Low ... Pep Boys (The) 1 , Perfect Circle Corp Photo Inc__ Peruvian Oils & 20c Minerals v"'; ' ; Shares Low 9 15,000 65% 26% 7% Dec 13 60 Oct 68 200 21 Oct 40% Jan Jan 66 Va July 26%?. ' 41 1 40 % 42'A 1 % 1% 1% 4,900 33% 68,000 tt Feb Phillips Electronics & Pharmaceutical Industries — _ — 5 - 33 32% 34 3,100 American Stock Feb Aug Par Leather Bhattuck 31% Mar 47 % Sep Shawinigan Water & Sherwin-Williams Co Phoenix „_4 51/4 4% 10c Corp (Del)— Aircraft Corp Industries 51/4 pesos Steel. Piasecki Pierce 10 4 51/4 200 4% Dec 4% 900 31/4 10 »/b 4,100 7 Dec Feb 6% Dec 91/4 10 6% Jan 16 Jan 1 8% 7% 8% 1,900 7% May 1 9% 8 9% 9,500 7% 16% Dec Feb Shoe Co of Plastic Materials & Pneumatic Scale Polarad 50 ♦ Polymers 10 Corp 50e —. 2,970 89 % 11% 12 Inc__10c ,'_A —_ Electronics 99% 102% 1,000 10 7 7.:: -y 40 19% 12 Va 18% Jan 103% Aug 13% Mar v 9% Jun Simca Oct 59% Jan Simmons 9,800 19% 17 Oct 36% Jun Poloron Products Polycast class A 1 (The) Corp Polymer Corp class A Powdrell & Alexander Inc 2.50 1 (Del) 21/4 11% 11 20y2 2OV4 2% 600 12 $3 conv 3% Nov 21% Sep 2.50 ■ 15'A Dec 24 Jan 9% • Sep 11 Jan ♦ 52% 51% 52% 1,325 44 Jun 58% Jan 1 2% 2-ft 2% 8.500 ♦ % July 59 Va May 3 Va Feb Feb Boss 63 1 750 Preston Inc Mines Proctor-Silex Progress 66% 66 Co Inc common convertible preferred $1.25 (The) 42 5,200 27% May 43% 5% 13,100 3A Feb 51/2 Jan 51/2 51/4 5% 2,600 51/4 9% Jun 13% 13% 19% 19% 200 31% 20% 22% 2,300 20 Company • l 13% 1,200 Dec 11% Oct 201/4 Jan 181/2 Oct 20% Aug 15 Apr 33% Jun Providence • of 100 Puerto Rico Telephone Co Puget Sound Pulp & Timber Puritan 2()c 10% 10% 2,800 85% 87V4 551/2 60 22 22% 151/4 13% 15% 13 % 12% 13% 11% Jun 81% 3,000 Jan 88 Sep Jan 56% 291/4 Jan Nov" 11% 9 £ 1 ir> 2% 23% Jan 3% 3,600 IB Dec 3% Jan 35% 1 it Co Feb 36% Apr Inc 13% _. Inc 13% 13% Corp Packing Co Rayette Co Inc 12% Jan 27% 1 _ 15% May 36% July Nov 26% 24% 26% 14,300 21% Dec 29'/a Aug 18% _ 18% 19% 2,300 15% Nov 27 Jan 6,700 6% Nov 10 Aug 8% 8% 1 19% 19 Va Realty Equities Corp of N Y —1 rteda Pump Co A—A-— Broadcasting & Dev 1 4% _ . 9 Investment America 4% - Reeves Soundcraft Corp Reinsurance Investment Corp Reis (Robert) & Co ! 10 Remington Arms Co Inc Republic Foil Inc Republic Industrial Corp Republic Transcon Indus Inc 1 4% 6% 11% 1,200 3% % 2,300 57% 3,150 12% 12 Va 12% 5% 8,800 % 54'A 2% 3 ' % n 2 5% Oct 21% Jan Sep 5 Dec Sep 11% Oct 5% % May 45% 4,100 Sep Dec 3 Va 97,600 19% Oct 19 9,400 7% Jan 4% 200 5 Va 56 1 1 Insurance Co 2,200 20 4% 7% 5o . 19% 4% 19% —__ Reeves Reliance 400 — Rapid-American Estate Corp Argentine Mining Rio Grande 5% original 4.88% : Vtc extended Robinson to 2 Jan Rochester Gas & Jan Mar Roosevelt Roosevelt Elec 4% 4.08% Products Pipe Shoe Russeks Fifth Russell Ryan $1.60 Ryerson & Metals Shares Standard Stanley Tube 18 % 17 3,900 2% 300 2% 13 * Statecourt Statham Steel b% series 4 % % & Steel Parts Sterling 9% Jan 8 io Sep July 7% 1,300 8}f( 27,400 0% July % 27,400 % July 4% 5 Va 9,700 3% Dec 15% 3,900 13% Nov > 150 73% 29% 2,800 18% 80 28% 79% 80 28 100 5% Dec 26 Jan 82 % 4% 4 20 8% 4 % 21 41% Aug 7 Jan 8 Va July 3% Oct 5% Feb 7% 13,800 Nov 18% Jan 3,900 9 % 700 2'A ,2% 2% 1,900 1% Nov 6% 6 A 6% 8,400 5 4% 10 TV Dec Jan Mar 2% 4,400 1 % Oct 3% 2% 7,900 2 Dec 3% Jan 2% 2% 700 2% Nov 4 Jan —1 2% 2% 500 1% Dec 4% Jan 2% 1% 1 2% . • : 19 Va 21 21 9,000 2.50 8% 6% 8% 5,000 _16 pesos 8% 8% 9% 600 20% 20% 200 15% Mar 5 Va Oct 19 Jan 16 Sunset Syntex Talon Inc Class 4% class B -■ A Technical 31% % % 24,800 % Aug 1 Va 54 17 Sep Jan Sep 17% July 7% 14% 72% Jan Jun 29'A Dec 10% 40,400 7% Oct 11% Jan 9 Va 800 7% Nov 13% Jan 10% 10Va 10% 3,900 8% Oct 25% 23% 25% 350 22% Dec 26 Feb 12% 12% 13% 900 11% Get 18% Jan 1% 1% 1% 34,100 % Nov 2% Feb 74 Va Nov ' 70% 68% 70% — 10% 11 24% 24% ■ — 24% 4 7 Jan 4,600 59 July 600 9 Dec 17 Va Jan 3,900 '21 24% Jun 1,900 2% Feb 6% Jun 7 ;■ 8% Feb 4 3% 6 14 3,500 5% Dec 12 Va Jan 400 '7% Oct 12 9% Jan 1 A % 10c 2% 2% A 50o 9% 8% 9% 800 Jan 10 Dec 27% 26% 27% 6,200 25% Oct 40'A Jun 73% 74% 1,375 62% Nov 92 Jan 9% 10% 2,200 13Va 13% 1,100 11% 15% 200 14% 2% 14,200 61,200 15,000 % July % Jan 2 Nov 4% Jan 8% Dec 25c Ilc 8 1 * 5 10% _„5 — 1 15% __ 10c 2% 2% 21 20% 21 5 40% 40 41 1 18% 18 18'A 37% 36%" 39% 15 6% May 2 (Del) Jan 9% Jan Dec 20% Jan Nov 17 Dec Mar 3% July 700 18% Nov 22% Sep 300 36% July 17% Dec 47 23Va Aug 1,300 9,900 30 Va Oct 42 Sep Jun 1 Petrol 3% 3% 12,700 3% Oct 4% 10c 4% 4% 4% 2,200 4% Oct 9% July 1 Inc 3% 3% 3% 8,900 3% Feb 4% Mar Corp 4 Jan 2% 7,400 3% 1,300 2% May 2% 2% 1,300 2 Dec 4 5% 6% 4,700 4% Oct 8% Jun 34% 2 2% 3 6% 10c 2% 3 2'A l ... 29Va 35% 44,700 Oct 42Va Apr Apr 2 Dec 23 6% Mar 3% Aug July Tel-A-Sign Teletro Inc 5 24 5 ; 23 25'A 22 % 3,200 16% Feb 23% 25 8,200 15% Jan 23% 6 • Corp__ 38 Va 5 Inc 33% 1 . 39% 5,800 Jan 5 Nov 12% 600 3,600 33% Dec B2Va 34% 2,700 32 % 12% 13 32,400 3% 3% 7,500 10c Corp 25 5% 34% 20c Industries Jun 31% — * Inc_ 37% Va 5% 50c _x. x23 10 12% 11% 13 % 26,800 10% 10 3 Dec Apr 7% Jan 39% Deo 10% Jan 35% Dec 38 Va Dec Dec 6% Jun 14 Va 2 Feb Oct 4% Aug 21% Aug Jan 14 % Aug 4% Nov 11% Teleprompter Corp Television 1 10% 3,300 8% 3 2% 3% 1,500 2 10c 7% 7% 8% 3,800 6 Va May Inc__25c 5% 5% 5% 2,400 5% 50c Industries 2% 2% 2% 9,200 1% Inc— 1 Tenriey Engineering Inc___ Electronics Oil Corporation Power & 1% 1% 1% 4,800 10c 1% 15//8 19,400 50c 10% 1 TV 10 11% 9% 9V8 5 18% 10c 1% 1 Light $4.56 pfd Inc__ Textron Inc Mar 10% Sep Dec 7% Nov Dec 4% Mar 1% Jan 2% July 93 % 89 Jan 1 Dec 1% Jan 6,900 8% Oct 18% Jun 10V8 10,700 6 Va Dec 17% 18% 2,400 15% NOV 20% Jan 1% 1% 6,500 1% Dec .3% Jan 400 7% Dec 14% Jan • "warrants" Aug 7% Dec Shovel Co Thorncliffe % 1,700 % July 1% Jan 8% 8% Park Co Inc com preferred Ltd—r 1 8% 8% 5% Aug 11% Jan 5% 5% 500 27 26% 27% 2,100 20 V* Jun 27 Va Jan 1 28 Va 27% 28% 2,800 23 Va Jun 31% Jan 1 Thorofare Markets Inc Thrifimart Inc class A Roofing 8% 10 17% 17% 18% 3,400 13% Oct 22 Jan 23 22% 23 1,200 19% Dec 86 86 175 78 Jan % May — 25c Inc Feb % 1 3.50 400 8 Oct 12 % Jan 7% 7 7% 3,100 6Va Jan 8% Jan ,5 Va 4% 5 Va 2,800 4 Oct 6Va Mar 6 5% 6 5 Va 5% 13,500 4% July 4% Jun v 8% Jan 7% Oct Allied Milling Corp Seaboard Plywood & Lumber 1 5% 1 6% 5 % 7 11,300 2% Nov 8% Jan Seaboard Western 3 3% 3 3% 44,200 2% Nov 5% Oct —10c 2% 2% 2% 2,200 2 Dec 4 Va Jan 2% 2% 400 2% Oct 5% Feb 3il 3% 900 3% Oct Airlines 8,000 Tobacco Security Trust Co Ltd— Amer deposit rets ord registered deposit rats def registered Shipyards Corp Amer Todd Toledo Edison 4%% 1 • "" 4% Mar 1 Corp class B 23 22 24% 65,300 16 % Apr 28 % 3 Corp Inc 23% 20% 24 Va 18,300 14% Apr 23 10 10 200 9% Dec 14% July 1 see page 36. July Aug preferred Tonopah Mining of Nevada Acceptance Corp class A Tower Trans Cuba Oil Corp General Freehold Petroleums footnotes, 4,600 Nov 8% _1 Inc Operations Sep % 25c Seaporcel Metals Inc 34 9% Nov 9% ioo Materiel 18% % 25c Ltd 800 11% May 4% Jun Apr 8% 9 l preferred 23% July 1 Co 32 1 common Jan Seaboard For 62% 61 i B Tampa Electric Co Taylor International Tilo Co 4,700 2,000 Feb 14% July 50c Ltd (Del) 16 10% 62% 9% 10 common cumulative Jan 16% 20% Paper Corp 21 4% 1 Corporation 70c convertible 300 Ltd Dec 22% Aug 23 Aug 19% Mar 25o Thompson-Starrett 500 Serrick 15% 58% 20% Mar i Superior Tool .& Die Co Superior Window Co class A Symington Wayne Corp warrants Oct 18 Bros 15% Jan Sep 20 Ltd Sep 22% an 400 20% Dec 25% 9% Products International Supercrete 18% 17% Seem 7% Corp 21% 22 Va Security Seeburg (The) 7% 1 Container Feb 20 Securities 7% • Corp Jan 20 Oil 2 ♦ 17 Va preferred preferred Scurry-Rainbow 300 Co 18% series Fisher 2,400 21% 1 Corp Corporation Sunair Electronics Thew 20 series Industries 200 22% 21% Jan 6% May Co— 5.60% & May 61% 21% 21 % Corp Texstar Corp Textron Electronics 4.40% Sayre 48 60% 22% 66 25% Aug 61% Dec Jan 2% 1 50c preferred Saxon Jan 2 Sterling Brewers Inc Sterling Precision Corp (Del) Technical 20 Savoy 53 — Aug Oct * Petroleums Jan _ Jan 5% May 3% Apr 20% Petroleum Petroleums Feb May Co Aluminum (Hugo) Dec is preferred Sarcee 52% ordinary Corporation Stinnes Jan 8% series Sapphire 31% Aug Jun 22% Canada Oct 2% 7% 1 Electric 28 % 22 % —_lc Enterprises of (JB) 28% 8iJ _£1 Milling Co Ltd 17% May 8% Aug 30% Aug 100 5 Instruments Co Stetson Oct 50c Gas Jan 6 % May 500 Corp 50c convertible preferred Texas Diego 15% 900 64% 25 Stanrock Uranium Mines Ltd— Starrett (The) Corp common 26 Nov 1% Aug 7% Jun 5 San Oct Apr —30c San Carlos Feb 8% 25"% Inc Aviation 6% 14 Ltd 45% 25 1 class Jun 4% Inc 2,300 25 preferred Standard-Thomson 3% Company Corp 13,000 25 preferred Terry Industries Inc Lawrence Jun Feb 64 25 i (Kentucky) Terminal-Hudson Bt. Jan 4 24% 1 Products Texam Salem-Brosius 4% 45% 25 25 Co Oil 5,500 15% Haynes Jun 100 12,800 25% Forgings Corp 4% 1 Inc__ Dec 6% 6% 64% 25 Co convertible} 4% 12 1.50 Avenue (The F C) 6% 6 6% 6% 30% Standard Dredging Corp common 4"% Inc Consolidated Jan 41 Corp Stone Ltd Co Jan 113% 37 Line Royalty Technicolor Oil 35 % 30 Stop & Shop Inc Inc—20c Royal American Corp Apr Nov 35% July 50 30% Realty & UtiUtJeo Jan Roxbury Carpet Company Royalite 39 26% 3,220 39Va Materials Co Vnc Southern Jan 1965 Inc Jan 1,300 54 * preference., California Petroleum 14 9% July % Inc 36 30% 6 • preference cumulative Southern 8'A • pfd F 39 29% 51 £1 preferred—: Dec 18'A Jan 39 54 25 preterred— 3% 50c rets ord regis, Raceway Rowland 4}£ Dec 25 cumulative 100 * Field 2,400 preferred cumulative Dec Royce Ltd— Amer dep 5% preferred 4.32% 18,200 Rogers Corp Rolls 1,200 5 1 I_IIIII Co convertible 59% Feb Co— 3 Jan 8j^f Jan 4% 5 fr 1 cumulative 5 Va : Products Jan 5% 3% % May 3% Nov preferred 14% common Jan Technical % % 12.50 cumulative 4% 1 Gas 2% % 5,000 Jan May 3% ♦ Oil cumulative 4.78% • Co— A Valley 69,100 1 Southern California Edison— 14% 1 Algom Mines Ltd series % 1 l Co 5% 1 Ridgeway Corp Warrants Jan 31 . 4,600 —1 Resistoflex Rio 29% 19% Aug ■' 1% Publishing— Stylon Rico 17% July 225 8,500 .. 24% 7% Standard Trust of 35,300 1% Corp Standard R Real 24% 24% ... • Standard Rath 22% 24% Sperry Rand Corp warrants Stahl-Meyer Inc Corp Enterprises, Apr 99,300 Standard Ramco Va 13% Standard Ramo Jan 7% Southern Q Power % ~9% Spencer Quebec % •••_• V 7% Southland Lithium ><V 6,200 Sep 131/4 Southern Quebec Jan 19% Sep Sep 9,100 5 Jan 20 Va 2,700 46% Oct 1 4.56% 35 800 * Co 9% 225 58% 22 3 Sportwear Corp Pyle-National 10% Colorado— preferred Dec 17% 25c 4.24% Gas Service 414% 30% 2 4.48% Public Dec 200 10c Shares Oil Jan Dec 96% 900 1 Penn 31% 129 18% Manufacturing Coast Oct 34% A Dec 5% ___1 July Corp South 48% 5 % 1 Corp Mfg Prophet 48 1 Ltd Mar 89 17% preferred South Prentice-Hall 901 30 TV Ltd Sonotone 61% 24% 1,400 94 is 1/4 Singer Manufacturing Co Ltd— Amer dep rets ord registered Slick Airways Inc. Smith (Howard) Paper Mills Power Corp of Canada Prairie Oil Royalties Lld_. 62% 2,200 28 32 * Venezuelan Pratt & Lambert Co 28% 135% 143% Jan 9% 3,500 Dec 6,200 21% 2 •'. )y,> Boardman Sinclair 10% Mar 6% ,10c Co Silvray Lighting Inc Simpson's Sep Nov 1,000 94 2 American 40 331/2 Silver Creek Precision Corp Silver-Miller Mines Ltd 6 Jun Jan ♦ B 35 Jan 16 3 Signal Oil & Gas Co class 200 24% Oct 7% 28% ; Petroleum ■.'*;• 1,900 7% Canada Oct 7% 35 1351/2 High 9% 4,200 ' 12.50 America Siboney-Caribbean Sep May 41' of Low 8,200 9% > • common Range for Year 1960 12% 8 100 Sherwin-Williams Class Pittsburgh & Lake Erie Pittsburgh Railways Co Power preferred 11% Aug Inc_ 5 Shares High 11% 8% • Mining 1 % Mar 11%, 20c Co Denn for Week of Prices Low 1 Servomechanisms Inc Be ton Sales Range Sale Price Bervo Corp of America 4% Philippine Long Dist Tel Co Phillips Screw Co_ Week's Last Exchange High 1,700 66% Friday STOCKS Range for Year 1960 High 8% 66 >/a 2.50 : • 9 Pepperell Manufacturing Co (Mass)__20 Perfect for Week Sale Price Par (Range for Week Ended January 20) Sales Range Last 35 Co class A £1 1 3Va 2% 3Va 3,700 2 1 3% 3% 4Vs 1,500 3% 50c Tri-Continental warrants Corp May 5% July 100 Trans Lux Corp 1 Transport'n Corp of Amer cl A com_10c Trav-ler Radio Corp 1 Triangle Conduit & Cable Co * True Temper 11 5s 20 6% 86 Feb Sep 3% Jan Dec 8% Jan % July Feb 16% TV Jan 32 & 8,200 17% 18% 18,300 8% 9'A 9% 9% 1,400 8% Dec 17"% Jan 5 5 5% 1,300 5% Dec 7% Nov ' 800 14% 32 18 V 12% Mar 27% Jan 17 Va 17% 18 . Dec 29 Dec Jan 27% _10 26% 27% 9,900 20 V* Oct 27% Jar> 20 20 20% 1,500 19% Dec 22 rtJiW\ Ir & Hi*i 1*4* jwtwwww * r w J <-JiU''' i*** -I *J>k '■' -J ffirw t 36 The Commercial and Financial Chronicle (408) . . Monday, January 23, 1961 . v) ' AMERICAN STOCK EXCHANGE Week's Friday Last STOCKS Sales Low Par BONDS Shares Range for Year 1960 Low High Alsco Investment Steel Union Stock Yards 17 19% 18,000 14% Oct 28% May 16% 17% 1,100 12% Apr 17 Jan Bethlehem lOVa 10% 500 13% Jan Boston 28 28 ~4 — 20 Omaha of 19 • Co ' ' ■ 9% May 26% Nov 100 287/a Aircraft United Asbestos .—500 4% 4% 1 Products 3*8- 3% Oct 8 y8 Jan 9,400 313 Corp United Canco Oil & Gas Ltd vtc_- 1 United Elastic * United Improvement United Industrial United Milk United Molasses 3% Oct 5 15,700 U Dec 42% 100 40% Oct x.;; 5% 5% 5% 6,900 4% July 7% Jan 1% 1 % 2,800 1V4 Nov 3% 1,900 4% Dec 8% Jun 5V8 Dec 6 Feb !*. KV:X6 5 5% 7 — __ 100 172 — 172 6s Chicago Transit 55 Apr Davega Stores 6%s Jan S Air U S Ceramic & Lackawanna of 1st V U S Foil U S Rubber Tile Co Universal 1 Co__ class B ' 35% 1 Reclaiming Co 167% 10 181% Jun subord Universal Universal Container Universal Controls Dec Jan General 3 Dec 5% Jan AGuantanamo 8% 2,800 5% Dec 11 y2 Jan Registered 36% 6% 34% 7% Corp cl A com_10c 250 7% 46% 11% Jan 6 Va Aug 30 y8 May 41% Jan 3% 3,500 8% 6 16,400 15 16% 16% 34,200 8% 5,400 3%s 1978 Insurance Universal Marion .17.78 Utah-Idaho Sugar ^ II 16 II—5 — ■" •. • Corp 8% debs 84% ■ 13% A ■■ 91% 121 88% 67 67 67 1 63% 75 V4 -- 89% 89% 1 82 7 92 82% 90 H ; 1975- Feb-Aug 107 ~ 107 HOO / 1 RR— 107 Va Division— J 4s series 1993 A Ma?/-Nov 37% 37% 6 36% 49% 21% May Mar-Sept 21'/a 9 19 32 99% 99% t98 — Corp— Development & 1963 6s April-Oct 1975 Western 76 May-Nov RR 1970 4s 76 106% Jan-July • —— Hydrometals A 77 105 11 70 75 81 107% 104 128 8 1— ' 8 4 8 • ■ Inc 1972 6s 1 Jan-July liq tr ctfs— Italian Power Realization Trust 6'%% Lithium 5%s Corp 134% ; America— subord conv Midland of 19% Jun July 22 'u— 8% 50 119 ii $ 138 88% Jan-July 28 8 16 7% , 21 -- 18 Feb National Bellas 9% July National Research 1970 April-Ocf 125% 137 222 115 59 22 59 110 7 57% 'i, '• 108 108 . 157 77 88% 2 94% 81 105% 102% 20 to CO £ 127 98% 102% 100 90 113 Dec Dec debs Apr Valley RR 4s. 1963— 6% May 5s h'" Hess convertible 5%s f! New r 1984 88% 101 April-Oct 101 86 % Corp— subord National Theatres & it* 5%s 88% April-Oct * Universal debentures Television 1976—Jan-July 102% Inc— 1974 Mar-Sept 77 78 23 67% 80 May-Nop England Power 3V4s 1961 Electric Power Co Ltd— 78 99 99 99 10 96 99% Nippon if'.1 Valspar Corp I' 1 Vanderbilt Tire > Van K t: Feb-Aug High 93 44 91 ' ■ Jan 11% Mar Dec 12 % 98,600 14 16% Sep Apr 8 1,000 17,700 36 19 May 27 % 26,100 9 5% 36 10 Inc 6% 1,300 9 Low 25 53% 90 1973 debs debentures 14,000 3% 34 No. 100 ' Apr 8% 9 —25o Corp Consolidated Oil Year 1960 5120 June-Dec mortgagees series B 1993 Mtge Bank 5s 1961 7% 6% 1 _ American ■ June-Dec Quar-Feb 1970 Residential 3% 7% 3% 1970 $51 Range for Sold High 99 June-Dec 1998 A Western N mortgage 7% 1 —500 Conditioning Corp June-Dec 1994 ; Bonds Friday's Bid & Asked Corp— Lack Finland 6s subord conv Delaware 6s Pacific Aluminum U 1 1974 debs 3%s series Authority General Builders United debs inc 4s Aug 2%s Industries A 1st 10s . Pump Steel Edison Chemoil Jan • '• „ Canal & 1 ii 42% 1 (S subord conv & Appalachian Elec Power Ltd— Co RR 1% lilo "warrants" dep rets ord regis. J N 1 A May 42% Investing. —2.60 Products American United Corp & 5% or X ■ . Jan 5,100 ' United 5%s Inc 17% -5 Unexcelled Chemical Corp Union Gas Co of Canada Last Sale Price Low , AAmer Union Period High 4" U Interest American Stock Exchange ■.! n K Week's Range Friday for Week Range of Prices Sale Price American Stock Exchange I1 (Range for Week Ended January 20) Norman Venture Capital 9% warrants- 1.1 9% 9% 12% 5 5 1,500 5 Va Dec 7% 5% 1,300 4% Dec 6% Sep 800 5% Dec 7 Oct —. ■ 500 1 6% 1 11% 11 15% 14% 16% 15% Corp of America- 14% 15% 3,900 9% 8% Mar 4,200 6 % 6% ■ Victor I Paint Victoreen f'- Viewlex n Vinco ti Vita (The) Inc Instrument class Iron Food 1 Co__ A Corporation Virginia H Co -1 _ Coal Coke & 9 2 Co— Products Vogt Manufacturing Vornado Inc — — . I 9 7% 6% 6,900 ■ 9% Mar 33,200 8% 16% 17% 15% 1,500 14% 15% 27,200 100 17% Aug Oct 5% 3,200 15 12 88,100 17% _• *'• 12 15 —25o M H' due 1953 extended to 1963 Jan-July 19% July Jan 12% 6% 4% May 11% July 9% May 17 Oct 14 8% Jun Ohio Power 1st mortgage 3%s 1968 1st mortgage 3s 1971— Pennsylvania Water & Power 3%s Service Electric & American Co 7s 5%s Feb 1964—June-Dec 3%s 93% 96% 1970 Public Rapid subord conv Gas debs debs 6s Co Safe 1964 Harbor Water Power conv California Edison 1965 A 1973 liv Wagner Baking voting trust ctfs 7% preferred w 'I' Waite us-6% !H'i & Bond, Inc new non-cum-eonv Waltham N • $6 series Weiman.& Wentworth i series B 1973 series C 1976 Feb-Aup Feb-Aug Feb-Aup Feb-Aup Feb-Aup preference 4.40% pfd , 1979 1981 3% Mar 4%a series J 1 Va 1 lVe 23,000 1 Jun 1% 4%s series K 1983 370 61 July 7-7% 3% 80 3% 500 3y8 Apr 2% i-fo 2'A 200 1% Oct 1A 1% 20 88% !_100 2,600 20% series 4%s 3% ?8 200 Dec 93 Jan 5s Jan 5% Aug 3% Jan 1}0 Jan 17% Oct 23% 79 Jan 88% Aug 5% Apr 88% 10 5 4 J/2 5Va 37,000 3% Jan 4 3% 4'/a 5,500 3% Dec 4% Dec 3 3% 2,200 3 Aug 4 3% 4% 8,300 2% Dec 3% % 9,300 % H series series L 1982 I Southwestern 4% la % (Calif) Electric & 1970—— 101 Va 10 l'r Wickes Ik Wieboldt (The) Williams Oil 6% 19% 900 Dec 32% May 37 Va Jan 30 May Feb 50 3s 1971 3%s Wasatch Corp debs 6s ser A Washington Water Power 3%s pfd Webb % '■ 1? 21,300 A Sep Knapp Inc 5s debs 27'A 6,100 18% Mar "3% 2,400 28% July 3% Aug 30'A 27% 31 20% % Jun 14 Vb May 1,900 30 % dep rets 500 19% Dec 21% Nov 14% 14'A 14% 1,100 12% Jan 15 Jun 8% 8% 9Va 31,300 7% Dec 11% Jan 4% 4% 1,100 2% Feb 21% 6,200 17% Dec 20 17% Aug 34% 20% Jun 90 98 3 94% 97% 105 96% I 104 2 101 102 V2 103% 11 1 103 91 Va 10 86 —"•' 83% 88% I: I 86% 90 V4 $88% ■ —— — $91 — — 1963 Jan-July 1964 $99% 100 June-Dec $96% June-Dec 1974 $65% 107 91% Feb 94 10 87 Jan 98 July 23% 25 23% Oct 29 1951 Port & Waterways Savings Banks and Debt Adjustment 5%s series A series B 6%s 1952 6%s 18 2%s $13% -- 13% $87 (issue of May 1927) 1947 A7s (issue of Oct 1927) 1947 Mortgage Bank of Denmark 5s 1972 89 87% 87% $54 May-Nov 9% 11'A 3,050 7% Dec 14 Jan 19 VB 800 17% Dec 30 Va stamped (Republic 69 (Plan A) 3s Jan 1 April-Oct 65 — $80 —— June-Dec 2%s 2C08 1997 92 — 90 $99 -- 100 62 Mar-Sept Jan-July 2s 2012—Jan-July • — 62 62 44% •: de Janeiro stamped (Plan A) 44% $52 90 98% 100% l 63% 67 72 44% 50 40 48 Jan Rio 67 $80 of)— fund 94% 89 — $120 — 2008_^_May-Wop A7s Sinking 16% $115 Jan-July Jan-July Jan-July —Feb-Aug 1949 stamped (Plan A) Mortgage Bank of Bogota— Peru 72 debentures— Maranhao Parana 98 63 Clearing Assn— 1967 (Prov) 100 90 y« 68 Municipalities i.Jan-July . 1967 4%s AHanover Apr 18'A 10 Va 2 7s 98 j:'. — Jan 94 • 1 9 23 y2 100 (Germany) Danzig ord regular 5s 8 A 8 1% 1 'A 8A - 200 7 A £1 Dec 2% May 11V4 Aug 3% Jan f Ltd. 40o ~1% • 23,200 1 May 1% Jan No par value, Ex-liquidating " (not included tribution. x a Deferred distribution, in year's Ex-rights, X.~; A Bonds being z 1 Co ,, Corp„ 22% 20 % 22% 2,000 50c 5V2 5% 6 Va 3,100 4% 5% 5% 4,300 10c 20 Mar 29% Jun Sep 8 Va Jan 3% May 5% Jan g Ex-stock r Ex-stock — (not dividend, Transaction for dividend. h included in Ex-principal, cash (not > year's n included range),, d Ex-interest, Under-the-rule transaction in year's , range), , t Ex-dis¬ : traded flat. and § Reported Bate delivery transaction range), t Friday's bid Jewelry Co Zapata Off-Shore Zapata Petroleum 12 102 91% Jan-July Feb-Aug 1970 Dec —10 20% A Baden * Hargreaves 84 % 92 Ltd— preference Wright & German Mar 23% -3" 24 Va a Jun 41 25 Wood Newspaper Machine Woodall Industries Inc American Dec 20 1 common W) 23'/a 29 26% Mar 1 5% preferred Wisconsin Pwr & Light 4%% Wood (John) Industries Ltd (P % Mar 100 20% Industries (R C) & Co Woolworth 40 1 Brothers Co Wilson Brothers 22% 100 Inc Williams-McWilliams Williams A 40 l 1 _B Corp__ Stores • 1 - Corp 92% 78 81 ■ 104% 104 Va —— April-Ocl and 20 River 91% 102 85% 84% 84 97% V 97% Mar-Sept 3%8- Gas Gas Gas 7 102% 102 % Feb-Aug Courties 91% 84% 78 86 $88% ' 86 79 — $78 102 88 76 — 91% —— 96% ' California Southern 87% $84% Mar-Sept 1985 Southern 85 65 88% 75% $86 _Feb-Aug Jan-Aup 1982 60 96% Jan 5c Stag Mfg Co 123%, 169 67 95% $80 Stockholders Invest Ltd— * Inc If Sep Nuclear Inc Inc f Apr . Uranium 11 124 § ■P'm 99% 94 Feb 1 Leaseholds Ltd <!te 90% 117 % $87 ' • • April-Oct 1982 400 XlOc Development Co Gold Wichita rv 4 %s F G Dec Texas White U1 series 1% 1% Inc Weyenberg Shoe Manufacturing White Eagle International Inc r 3%s 800 Westmoreland >' 76% May 13,000 dep rets ord shares Tablet & Stationery Westmoreland Coal b series Jun 3 50o Products American if 3s Mar 70 2Va Canadian Oil & Gas Ltd Western m Dec 3 130 6% Chemical Western Nr 4% 15,900 80 1% 1.25 Western (i Jan 2% 1 Western I' 5% 6 West I', 1978 1% • Western |lf'« 1976 E 100 Western t!" Dec D series 6'A West ./, 6% 3% series 3%s 1 Company Inc Manufacturing Utilities 400 ' 10 West H' 5Va 78 Va 4 com pfd Precision Instrument Co Webb & Knapp Inc common |)>" 5% 100 3% 87% 97 % 86 6 is 145 $64 95% Jan-July 3%s 3% 2 :.V 99 81 90 4 98 101% 183 Mar-Sept series 2%s 3% 139 1981—May-Wop debs '62 Jan-July 3s • 90 V4 96% 145 87% __ 119% 119 Va 3s 3s w Co 14 96 V2 90% 90j/4 '•Ii-''' April-Oct Corp Sapphire Petroleums Ltd 5s Vi Aircraft 93% 96% May-Nop 3'/as Waco 99% — 93% 183 Jan-July 1998_Jan-July 1967 Southern Jan fc. Id! — April-Oct Aprii-Oct Dec 12% Aug ») >t. *99% Jan 5% 6%s Jun 5 1 & Rubber— Industries receivership. in ask prices; no sales being transacted during the current week. Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v tc," voting-trust certificates; "w ti;V»• 4<ur " tirifVi mofvonfe* D 'w i," when issued; "w w," with warrants; 4'v w," wifVir»n(- warrants. "x without 1 vtr m / m X-^ > ' Volume 193 Number 6023 . . . The Commercial and Financial Chronicle (409) OUT-OF-TOWN MARKETS Boston Stock Friday STOCKS Par American Agricultural Chemical— Motors American Tel Corp <■ Tel & Company— Albany RR__ Boston & Boston Edison Boston Personal Calumet Cities Copper First Motor Stores 29% Apr Dec Pennsylvania 41% Dec Jan Pepsi-Cola Nov Phillips Petroleum 47% 519 13% 31% 83 100 83 10% 55 3/8 571/8 67% 70% 70% , Feb Inc Co 5 66% 1 68% Coal Co Copper Sep Pure 58% 26% Jan Dec Reynolds Jan 23% 30% Aug 74% 80% Dec _ n St Feb 63 5% Feb 2,556 473/4 Dec 613/4 July 61 Sep 93 % Jan 100% "i 531 common 50c Corp 3,181 70% 593/4 I t Regis 24 24% 186 20 % Nov 7 9'/a 430 713/4 Oct ' Paper 5 » Industries Railway . 5 I J Star Cement Corp Narragansett National Racing Service 4 Association Mathieson Pennsylvania Reece 20 I21/4 7c 1 England Electric System New England Tel & Tel Co Northern RR iNH) 1 24% 12% 1 Companies New Olin 233/s 7c 150 19% 711 11 Jan Standard Oil ' (N J) Nov Standard Jan Studebaker-Packard Oil —' n Dec 30% Jan 13 Apr 10c Jan July 22 23 1,662 193/4 Jan 22% Aug 100 41% 43% 1,174 34 Jun 41 71% 71% 11 72% Nov 90 Jan 5 44% 45'% 160 383% Nov 53% Jan 10 12% 14 633 10% Oct 17 Jan 3 390 13/8 Jan Chemical RR , 2 : 2 3% Stone Stop Association Webster & & Shop United Shoe U S U S ; & Waldorf Mass System Westinghouse 45% Oct 65% United Air 32% 27 Mar 1,676 48 Oct 100 30% Oct 42 Western 18% 22% 4,467 54% 56% 327 32 3/4 Mar 14% Wool worth 101 5OV4 Apr 64 151 41% Dec 62% 12 45% Cincinnati Stock Friday STOCKS 71 10 69 Nov 80 67 11 3/8 Dec 181/4 253/8 Dec 36% Sale Price Gas Eagle of Prices 38 30% 30% 140 Wrigley Stores 139 & Tel Co ^ Ohio 13% Industries _ 34% Products 22% 61 18 Apr 253/4 Jan 37% 38 ,31 Dec 433/4 46% 47% 39 40 Oct 59% 18% 172 17% Dec 29% Apr Abbott 106% 1093/a 1,339 793/4 Jan 108 3% Dec Acme V— . ■ • 1 , De^oit StOek Ex- Consequently we 13% 5% ^ go Deo Sep Nov 26% 12 y8 Dec 1% May 26% Dec 40 y4 Jan Dec 70% Jan Dec were 29% Sep 25 y4 Dec tnDeo 38% " ; Jan 393/4 - July 6i y» July 40% ...49 Jan 92% Jan .^•■55% Jan 17 Dec 17 273% Dec 32% in next Mon- 1% Jan to day's issue. l3/i 12 Jan 9 Dec 3% Jan 16% May 403/. Wftr,u„ publish intend Jan Dec 90c 10% r without it. figures 17 4% 38 > Y were to press * f°rced to 17 Dec Jan jun May Apr 36% Mar 50% Jun 23% 273/4 2 1 Oct Oct Jarx 33% Mar 8 Dec 12 Vu Jan -20% Jun 24% Feb ; Steel May 65% Dec Admiral Dec 24% Dec 46% 41% 128 42 Dec 67 Jan 67% 693/4 421 Advance Ross Electronics new Akron Brass Mfg 77 Jan 39% 39% Alleghany Corp 413/4 Feb Allis Chalmers 22% 22% 223/4 97 Bep 31 May 17% July 23% Jan Aluminium 14 3/8 143/a 40 14% 14% 100 47 471/4 42% 39% 47 '' "• 43% 17/64 Aluminum American 45 25 Oct 641% Jan American 42%- 60 37% Dec 57% Jan 39% 110 23 Apr 393% Dec Paramount Theatres (Un) American Can Co (Un)__, 44% Dec 50 Dec American Cyanamid American Investment Co 18% 132 of 16% Dec ¥33% Jan 27 Dec 39% Jun Mach & 67% 121 55 Oct Jan American 39% 25 38% Nov 703/4 Jan American Steel 52% 42 39% Jun 52 Dec American Tel 31% 32 299 27% Nov 41% Jan American Tobacco 23% 23% 23% 327 183/4 Jun 223/4 Dec American Viscose 511/4 51% 85 393/3 Feb 52% Oct Anaconda 773/8 773% 45 47 Apr 85% Dec 17 17 17% 160 14% Dec 31% Jan 58% 58% 60% 140 46 Mar 58% Aug Armco 15% 16% 160 13 Dec 25% Jan 72% 43 71% Dec 98% Jan Ashland 1793/4 ' ; - 5 71% 201 % ' . 208% 256 Jan Feb 133 Jun 333 323/4 Oct 70% 229 61V* July 21% ~ i 265% 95 393/4 68% 70% _i Dec 162 38% 231/4 50 109%:110'/a 17% Dec Rad $1.50 Stano & Oil conv Dec Tel 93 Jan 5% 29% Feb & non-cum 43% 726 40 Dec 56% Jan 27% Dec 27% Dec 34 343/4 Dec 343/4 Dec International Tel & Laughlin Lorillard (P) _5 __ — Co 152 48% 80 48% 19 32% 62% 90 50% 41% _10 ioo 343/s 611/2 Tel 21% 34 481/4. __ , 41V* 50 343/4 May 65% 25 653/4 issued 32% 1 38% Register. 383/a — Feb 48 % Dec Benquet Dec 89% Jan Bethlehem 415/8 Aug & _ _ _ Binks Jan 59% Jun 20% 21 300 17% Feb 20% Oct 88% 86% 88% 400 49% Jan 91 Dec 183/8 17% 183% 9,200 17% Dec 29% Feb 13% 13% 1,900 11% Oct 16 Feb 29% 30% 106% 109 % 9,600 (Un) 5 30% 1083/. _ __12.50 70 70 70 ^25 46% Steel Corp 46% 74% Dec Brunswick 54% Jan 28% 29 135 253% Oct 52% Jan Budd 151 60% 26% * 65% Dec 33 43% Deo 63 Jan 15% Oct 45 47% 46% 47% 600 13% 13% 133% 1,700 373/4 36% 373% 9,900 10% July 29% Oct 10 1,100 42% May Oct Jan' 38% May !. 69% 68% 69% 1,700 •7% Sep 41% 39% 41% 4,300 29% May 41% Feb 1 223% 223% 223% 200 18% July 23s/8 Jan 37% 37% 200 30% May 34% Mar 24% 25% 3,200 20% * 76% Jan 25 Sep 18 18 100 17 Dec 27% Jan 10% Aug 26 % Mar 10 47% 45% 47% 1,250 32 Jun 423/a 14% 14 14% 3,100 11% May 14% 10 (Un) 13 9% 9% 9% 800 14% 13% 9% Jan Dec 17% Aug 21 600 11% Nov 17 Jan 93 110 100 77 Feb 90 Dec 4 110 4 200 18% 3% Jan 4% Jun 1,400 17% Oct 24 14% 15% 1,400 13% Oct 20% Jun 68% 67% 68% 400 56% Oct 74 Feb pi 1% 1% 1% 1,800 8 43 % 41 43% 1 (Un)_; 21 15 % 54% 54% 54% 5 Corp new 38% Oct 69% Jun Burlington common common Industries 46 Jp.n 61% Dec Burroughs Corp 24 3% Dec 343/8 Jan Eurton-Dixie (Un) Corp j_- 1% 5,500 37% Dec 57% Jan 4,200 38% Jan 55% Dec Dee Oct 38% 39% 600 23% July 39% 27% 26% 27% 350 23% 37% 37% 37% 1,000 31% Aug 48% Jan wi • * 5 503/4 May 1 5 Company 44 May _5 39 45% 40 44 463% 7,400 11 17 % 2,000 (Un) 1 5 -12.50 19/64 163% 15% 18% 950 Nov 32% Nov 59,000 19/64 75 701/4 60% Dec 51% May 47% Rights 67% 373/8 108% I__5 : common (Un) Fisheries Corp Borg-Warner Corp Brach & Sons (E J) new Dec 26% Sep Jan 2.50 Boeing Airplane Aug . 35 25% 80 50 17 Booth Sep 67% 450 _1.25 Inc Dec 73 ZZ 13% 1 33% 5 Nov 35% i Dec 43% 2 64% 70 5 45% Oct 10 34% 103 5 Jan 263% Mar Dec Co Apr ——— Jan 25% 40 Manufacturing Co 72% 5 300 107 31 * Consolidated 461% _ Oct 17% Apr 3,000 Corp 71% 31% •1% 1,300 ;50c Dec — 30% 500 223% 3,000 Mfg Co Gossett Bendix 45% 72 . For footnotes, see page 44. 86 Belden Bell Jan * * _ Dairv 38% Sep Jan 49% 2 Chemical National Distillers 33 243/B 37 Dec Sep 69% 22 Dec Jan _ Ward 75 35 % 37% 34% 323/4 34% _ McGraw Edison 19% 261/2 July 38% 68% 47% Bastian-Blessing Co Bearings Inc * 68% Jan Jan 37% San Baldwin-Lima-Hamilton 352 48% Harvester 35% Jan 1% May 3 71 8% _ International 13% 39% Oct 4 830 Greyhound Oct 38 V4 46% j. 43 % 27% 22% 3,600 36% preferred 701/4 35% 3,700 35% 3.50 Athey Products Corp__ Atlantic Refining Co Avco Corporation 42 265/8 27% 333/4 46% 10 67% 35% 2,000 26% 35% 37% 2nd preferred Bep Sep 2 6 3% 11% 26% __ 166% Refining 34 35% ♦ 10% Jan 193/4 July 1 Corp (Un)„ (Ill) 126 3.33% Jan ___10 (Un) (Un) 44% 21% . 14% 16% (111) (Un) 433/8 —__i% _ __ 200 ■_ Jan Nov (Un) Corp 43% 993/4 16% — 8 43% Co___„ 57% Motors Dec 43% Common Jan 6% 9 Topeka & Santa Fe— 39% 53% 2,000 1 Foundries & Company Steel Atchison 8% Jun 43% Armour & Co. 71% — 23% 1 Apache Corp Arkansas Louisiana Gas 1; __ Dec -10 Fdry 52 — 10 Va 68 % 12.50 American Motors Corp_ 693/4 800 1 Co 65% ' 12% Broadcasting 39% — 323/4 121% (Un) 52% — Dec I" America Airlines American 60 31% Oct 16 * Jan 28% -- 50 1,600 ~ 11% Aug 1,553 1,800 21 —1. I 163/4 12,020 613/4 81/2 7 (Un) Nov 47 High 60% 20 »/2 ,50c Mfg 11% kfay 25/64 Low 603/8 com Ltd Co Range for Year I960 21 Corp. 113/4 18 ...13% . 50 Shares High 12% 52 233/4 — Low -10 Co 80 68 Sales for Week of Price. .—5 20 ' 5 _ Par Laboratories W)eek't Range Last 69% 1.25 - Friday 22 1 of the round-lot transactions only Sale Price 69% Electric Cash . e reffret that this week's compilation 10 STOCKS 69% 109% new Dynamics National ~~ .771' 22 —- —5 Dept Stores Mining i*r 7^ _2 Jun 173/4 1 Kodak National Co & Jan l - Pont——.. Minnesota vrrkTi?. High Jun Feb Midwest Stock Exchange 36% ■ . Monsanto I~5 A compilation 22% 1 ': _ ~ Manufacturing Dec 5 Steel _ Low 771 7777750 Co Rustproof Jan 10 1 — Chemical Montgomery Rudy 717 _i. & 1 Scotten Dillon 70 3/4 7 Mead Corp Range for Year 1960 10 _ Products (HW) Rickel 35 Dayton Power & Light When Shares High 12% 2% 5 "5 _7_1~66% _ wheel Davis Dec 1 Martin Screw Parker Sep C.urtiss-Wright Jones Masco 70 3/4 1 & Jun Sale. . 28 —10 - _ 73% for Week of Price. Low we 54 25 — - j Bearings Co Seeley-Thermos 90 — 68% 25 — _ Gas _ 3 Jan "5 Columbus & So Ohio Electric- Gulf Oil King 71 3/4 1 - — _ i Corp Jan 8 *___ Telephone 59% Mar Range ^J Jan 39 46% Goodyear Jan 57 Jan 64% Jun Aug 58 100 _ Colgate-Palmolive General 28 % Oct ■ General Dec Jun 13 Steel General 213/4 Oct 1 Trailer 598 9% 5 j Service Fruehauf 26% 22 10 Chesapeake & Ohio— Chrysler Corp General Dec 36% Mar 42% 1 ___■ Motor 139% 3 . Ford Feb 190 3*2 Eastman i03% for the transmission Week'. 7777 io was n«t received 71117720 *n time for publication. Paper Motor 35 3 Federated Oct 81% 190 Rights Du 25% 741 10% Brunswick Dow Oct 463 1403/4 27% Boeing Airplane Detroit 21 Dec 473/8 1083/4 Baldwin-Lima-Hamilton Corn _7 Mfg General Motors Corp__ Parke 22% 10% 12 Oil Columbia l _77'» Federal-Mogul-Bower Ford 38% July 28% Jan 26% 33% l : Corp Cities Products Edison Motor 46% 18% Armco Steel Burlington Burroughs Detroit Sep 26% \v Bethlehem 31 Consolidated *68% __ Tobacco & 29% Mar 97% 47% 1.66% Tel 46% Apr flep 38^ Oct 45% Feb j Metal Chrysle^Corporation" __1 American «»% i ; Electric 12.50 — Cyanamid Baltimore Dec 24% _1 Motors T— 39% 26% — — American 32% Nov 80 Cincinnati prices. Last Aug Feb 21% * American 67% __ Par F Aug 86% 19% _ American Avco Jan 41 % 10 America- of 54 86% Jan 148 Jan 37% Jan Stocks Limited Ashland 42% Feb Jan 21% 21% 1 Armour 395 Dec Sep Sep * Corp 411/4 Feb 17% 2 Airlines Ampex 26% July 87% Mar Feb 34% 20% 10 Can 67 617 21% Sep 97 Allis-Chalmers American 41% 39% 23% Jan 239 1 American 773/4 84 > 23% common ~ Friday „ C Ex-Cell-o Jun 21% Stores Co 30% 60 33% . High 10% 22% Alleghany Aluminium 517 19 .. Dec 19% 20 . 38% 83% 41 1 Aluminum 285 ? 101% 1033/4 * Unlisted 28 % qvor 6% 20 Rapid-American Allied 291/8 38% 41 % 1 Gamble 21 13 __5 Kroger & Low __5 ■ Procter Range for Year 1960 28% 50 Cards Kahn Shares 7 84 TO .__ Greeting for Week 38%" 100 National Picher Gibson ^ xC./ Sale Price Brown-McLaren 21 28%, * Cincinnati Milling Machine Cincinnati Telephone Diamond 38^» 80% 38% l?y. Aw. °f these STOCKS Sales ■28% _» 8.50 _ JJ. & CO. Briggs Manufacturing 7 10 common 23% 65% Jun 107V4 °ct 25i/4 aP^ on 79a/4 a«i/ l0 io _— Apr High 1 1 Dec Detroit Stock Exchange May Exchange Range Par i__l 55 26 Jan 47% Deo 503/4 Jan 56 Jan g% 81 m 47^ 67% W) Jun 648 12 47% Week's Last preferred v* 2£ ££ indebted to the firm of w. E. BUTTON (F are American w. - 53«* 18 2 °ct 35% May 38% Dec 44% Jun A 45 1Q Jan 71 Allen .4% 41 — 5o Jan 29 % . Cincinnati ~~ - 1 Westinghouse Electric A Bilrger Brewing Carey Manufacturing Champion Paper common , 7% 49% July 40V2 SeP 32 80 1»H6 142 7Q A™ Alt? "" 2V« Jan 50% 28 6.25 Aeronca 7% 37% Jan 42% Jan Sep 31% 47% * ___ <8% Jan 20 °ct 34% May 39'% Jan 41% Aug Nov 100 Corp 93% Deo 31% Sep - il¥? "" 16% Union — 50 com 79 573/s Feb 58'/4 j/[ar 40% * Co Inc Elec 164 391/4 38% Jan 77% Jun . 49£ ge° ,„t 1 __ ~~iO —:.::::::7" Steel Jan 57'% 37 393/4 5 Railroad • 401/ • Lines_______„__ y S shoe s Jun 56% 25 common Smelting Refining & Min'g Vermont 160 ♦ Co Co 29% 53% Deo ! Oct 1 _ Machinery Corp Rubber 29% * Inc Inc Fruit United * .; Torrington Co Z-Z Carbide We Shawmut 163/8 493/< Jun oc Union u Jan 10% Oct 41% Mar 27% Jun 47V* °ct ,?° 111 5 tnv Aw S& 2 * At? : 2^% 1 Dec 34°/e Jan 20 Dec 100 Folding Machine Co 94% in " jan 311/8 Jafi 48% 20 11 ? 93/4 94/8 50% 1 Dec May qi-w 25 (Ohio) 109 k! 55 ! Jun Feb 5c 2,000 " : 7 * -—L-IZIZIZZ "Bbc ^ (Ind) 15 ' 24 /* 24 V 27?iw A t? 4fi,/ • 4*^8 421 ' 79y4 Sep 30 5*3/* 3q~> Sv • «u £5 Co Southern Texaco Lone \ _I_~7.1~.40 Sooony Mobil Sperry Rand Standard Oil 100 64 8°0 AA* ZZ r 4^8 Aug lit? " 7"~lo High 583% Jan ^ 13£8 5q3/. ___J 363/4 Jan 77% * Dec ~~ „ 91% Sep 642 12 - 5 Tobacco Schenley 9J% 4034 ~~ J"! Radio Corp Republic Steel 52% Dec 5 Ra„ffe for Year 1960 T khz 90% —3™;" Dec ccy _ ~~10 Oil Apr Jan I" __ RR; Jun 24% Mar 30 97% 100 Co Creek 140 Central Southern General Electric Co Island 12% 122 10% * T; 13% 39 % 24 V 13% 50% 30 223 > 68 % Jan ' 59% 271 14% 525% 31% 122 565 52% 14% -- 1 69% Shares High 5 108% Gillette Kennecott York Jan 5 National Ford New Dec 100 Street Railway Co— adjustment National Lead 17% Mass cum Jan 571/. IIIIIIIi 79% 52 __ 10 1 preferred cum 30% fer Week JuOW 1 National Gypsum 822 51% 5 - 21 % July Aviation 5,747 45% * Assoc 223 High American 18% 67 > 5 Fuel Low North Sales Range of Price. «*r * Range for Year 1960 High 293/a Week's Sale Price Shares 136% 136'% — 10 Co & Gas 4%% Trust Inc Co Range Eastern 5% Property Hecla Eastern 50 -_25 Friday Last STOCKS STOCKS 106% 1073/4 100 Co Service 17% 33% Anaconda of Prices 28% — a» for Week Low 1.66% Week E„ded Sales Range Sale Price American Exchange Week's Last ow 37 32 Nov 42% Dec 13% Dec 41 Nov 493/4 Dec ¥7% "jan 18 % 18% 700 16% Dec 23% 31% 28% 31% 2,800 26% Dec 40% Jun 24 24 24% 850 22% Jan 29 Aug Jan 38 The Commercial and Financial Chronicle (410) Week's Friday Last stocks Low Par 12% Dec 30c 1,500 li8« Nov 25 221/4 22% 22% 600 203/4 Oct 391/2 37% 39'% 700 27% Jan Apr 41 % Jan 25'% 24% 25% 300 21% Oct 31% 50c 13'% 12% 13% 4,100 5% Feb 14% 14'% 400 3874 41 1,350 2 3'A 24 250 •'53% Brewing Corp 1 _2.50 Champlin Oil & Refining, common 1 $3 convertible preferred 25 Cheinetron Corp _: 1 Chesapeake & Ohio Ry (Un) 25 Chicago Milw St Paul & Pacific——* Chicago & Northwestern Ry com * 5% series A preferred 100 Chicago Rock Island & Pacific Ry Co.* Chicago South Shore & So Bend—12.50 Chrysler Corp 25 • 14'% 39Va Securities _____— Central & South West Corp Gas 54 135 24'A 23% 24'A 65% 65% 67% 16% Service Co Coleman Columbia Gas Modine Monsanto 54% Oct 69% Jan Montgomery 13% Dec 26 Jan Motorola Jan Mount Vernon 36 Jan Muter 29% 9% .1,100 1,400 39% 73/4 Dec 15% Jan Dec 71% Jar 31 Feb 1,100 38% 38% 350 40 31 Feb 41% Aug 52 % Dec Jan 91 Aug Feb 59 Jun 52V4 52% 87 88 200 82 48 121/4 1,300 10 % Nov 16 % Feb 17% 400 13% Dec 35 Jan 23% 23 Va 2,000 18% Jun 23% 6 8 Va 69'% 1,000 56% Mar 68% Dec 401/4 40% 1,300 263/8 Mar 41% Dec 52% 800 42 % May 503A Dec 53% 63 Jan 62% 63% 600 26% 25'% 26% 2,400 20 Va Sep 38% 38% 39 % 500 31% Dec 5 56'A 55Va 57 1,400 58'A Dec * Insurance Co_—.— 8% 8 1 Corp Jan Jan 58 % Dec 11% 73/4 Oct 400 29 46% ? Jan 78 78'% 300 56'A July 85 Dec 43 44 'A 800 31% Sep 41% Dec (Un)—12.50 20% 20% 200 16 Dec 29% Jav 1 1674 16% 17'A 1,000 14% Dec 31% Steel 56% 55 56 Va 200 38 % Apr 54% Dec —20 49% 49% 49'% 2,900 40% Feb 48% Dec 1 41 38% 411/4 400 32 Oct 37 % 5 25% 24% 25% 1,050 71% 75 2,413 31'% 33% 600 198% 203'A 420 1 of Co Curtiss-Wright 78% ——1 Co Pub Amer & Corp (Un) Co Detroit Edison Dianiond National Chemical Drewrys Du (Un) Corp Manufacturing Dodge Dow Co (E Eastern 1 Nemours Co Natural Paso Emerson Elec Emerson Radio 203'A 5 Gas new Mfg Co & 13 983A Oct Jan 19 Sep 265 3/4 Oct Jan Jan 2,100 22% Nov 1,300 94% Jan 133 3,300 11 Va Dec 16% July 30'% ' Jun 12 Va 500 25% Nov 283s 200 J 42% Oct 53 % Dec 13% 300 10% Dec 22% Jun Fairbanks Whitney Corp common 1 9% 12% Feb Falstaff 1 * 35% 35% 100 24 % Feb 36 % Dec 35 % 34% 35 % 32,558 33 Va Oct 42% Feb 2 29'A 27% 29 'A 1,000 23% Nov 29 36% 39'A 3,900 32 Jun 39 Brewing Firestone Tire Firstamerica First Mills Ford (Un) 5 Inc— Trailer Co General American General Box Candy General Contract Foods Motors Portland General Public Gen Tele General Tire Gillette (The) Glen Alden Glidden Co Goldblatt Cement Griesedieck Northern Natural Gas Pacific (Minnesota) Ohio Oil Oil Gulf 39% 26% v 62% Dock! & Aug 39% Jan 700 58% V" ' 42 Oct 80% Jan 60 Jan 90% Nov 200 11% Dec 23% Jan Nov 43 % Jan 600 14% 250 12% Mar 15% Dec 36% 2,500 32% Sep 473/4 Jan 39'A • 23% 800 20 Va Oct 23% Mar 36 300 30 Feb 41% Aug 17 950 153/4 Dec 17% Oct 60 37 % 35 ' - Hupp Corporation Huttig Sash & Door 1,500 Aug 1,100 13% July lb */e Jan 11% 550 Dec 18 % Jan __' 533/a 53%. 100 38 3A Feb 53 % Dec 500 38% Feb 66% Dec Jan 142 % Feb Feb Oct 7% Jun 13% Dec 32 % 62 % 127 127% 3,900 8% 8% 26 % 10 23 3A 23% 23% 200 21% Aug Apr 30% Feb * 36% 35 37% 1,300 28% Dec 47% Jan Sep 50 % Jan 24% Aug 43 Jan 38% 50 % Jan 44 % Power 5 350 1,400 34% 37% 900 29 Va 63% 600 48% 33 % 3,700 30% 34% 34% 500 48% 46% 48% 1,200 22% 21% 22% 800 51 51 10% 10% 5 10% 8% 8% 93/a 1,375 61% 63% 1,300 40% 37% 403/„ 450 Light (Un)_____8.75 Kennecott Copper Corp (Un) ____* Kimberly-Clark Corp 5 43% 43% 43% 85 Co University- common Libby McNeil & Libby & Myers Tobacco (Henry C) & Cement New (The) Means For (F W) & Co footnotes, new Sep 3% 8% 100 8% Sep 11% Mar 26% 100 18% Feb 25% 25 250 4% 2 233A Jan 57 57% Phillips Potter Co Oil Co '. '' ' 38 ■ Jan 38 " 19% 37'A 36% 37 33% Dec > T3% July .-s 75 „ 38% Dec.' 383/4 31% May 37% Aug Jail 900 .10% May 39% 33 'A 450 25Va May 33 Dec 600 37% Aug 54'A Jan 93% 93% 100 83 V2 Oct 1151/4 Jun 60 Va May 76% Dec lb V4 Apr 22% Jan Jun 671/4 37% 36% 37% 6,000 3b % Mar 51 Jun 21% 21 21% 900 141/4 Feb 20% Dec Jan 75 '. * 5 Co & 13% 2,600 10% Oct 17 Va 70 68% 70% 2,400 66 V* Feb 66 % May v._/; 47% 48 600 34% Jan 49% ,_33%c 323A 31% 32% 1,010 2b % Mar J7 V2 48 48% 500 43 Mar 571/2 Jan 16 Dec 38 Apr 53 Va Dec 50 12% 25 (Un) (Un) . 12.50 3 Co 18% 19'A 800 * (Un)__- 18% 55% 53% 55% 4,300 of Indiana _ (Un)_ 41% Mar Jun Jun 29 Jan 49% 53% 500 42'/a Mar 49% Aug __ 35 35% 200 31 Oct 36% Jun 36 —_____1 Co Sep __33%c _ 35 14% * 14% 53 % * 5 Dec 2,000 __5 63 % 62 * 51'A 50% 51 %: 5 27% 42% Jan 900 391/2 Jun 600 36 — V 13% 61' 14% (Un) 46% Oct 63% / Jan 63 Dec 77 Va Apr 52% Jan 40 38 40% 30% Oct (Un)———i—10 583A 57% 58% 800 49 Dec 78% 1 90% 84% 90% 700 46% Feb 79% Dec 45 % 45 % ■ 5,000 38V4 Oct 5 5 "/a Jun 44% 47 V* ■ 1,600 37% Sep 700 56% Jan 94 Dec 700 28 Dec 31 Va Apr __—- Co—_———■ * Corp 5 Petroleum i— Co—_.___—20 g St Louis St Louis 1,200 : ; ( 36 Va - A - 71% Jan Jan 27 Dec 38 Jan 31% 300' 1,900" Dec 46% Jan National Stockyards—__:—* 50 50> / 10% 10% 5 10 35Va 35% 52 Aug Apr 15% 15% 15% 1.40 25% 24 Jan 8% Dec 11 ; 487 50 25% 46 Va 1,500 10% 34% Public Service class A—_—13 31 Va Jun 54'A 13Va Dec I91/2 May Va ' St Regis Paper Co___ Electric Sangamo Co_— (Un) Schenley Industries Schering Servel Class (W A) Co class A Pen Oil Oil "2,910 42% Oct 80'A •4,100 44% Feb 59 V4 Jun 12% 12% 12% 11% Nov 15% Aug 8% L-r Spiegel Inc D Co (Un)_i Standard Standard Oil of: California Standard Oil of of Gas 43%:- ...2,300..., 33 V4 Sep i 55'A Jan 41 % 42%. 35 Jun 42V4 Jan 48 49% Feb 49% July / .... 22 %(.,'" 3,100 8,400 45% 31 .• 53% 53%..; 10% ; 10% .. . . Jun 26 Va Jan 46 Va Dec July 37% Jan 35% Feb 56V2 Dec 8% Oct 13% Jan Apr 60% Jan 29 Va Mar •. 150 . ^__6.25 48 Va 48% 48%- 25 47% 49% 4,200 7 49% 42Va 41% 43 Va 19,500 15 56% 55% 56% 600 12% 12% 300 11 __ 25% 25% 400 23 23 23% 24% 6% 1 2.50 5 1 1 5 -1 25 _5 (Un) 1— Company.! 23% 7% 7% 6,000 , ,.. Jan 25 Va 200 300 . 231/2 •28% Nov 18% I8V2 2,400 \ Sep 23% Mar • 289 ;,;/ 48 Va: 30 ; 38 Ya 600 27%,%. 24V4, Corp Corp 2,6.00 . 21% Sunray Mid-Continent Oil Co Tenn 40% 23% Corp & 7%. Jun. _.; 48 Va 27 Furniture Swift Jan 24 48 (Un)—1 Studebaker-Packard Corp Sundstrand Jan 42% 27 (Ohio)——— Stewart-Warner 9% Apr 22% (Un) J Co Jan Jun * Indiana N 9% 7% 3Q 'A 1 Dredging Corp Oil 43 „V Jun 500 : 1 Brands Inc Oil 200 ; 1,300 8%* 41%; * i (Un)_: Standard Standard 8% * 8% 40% — ____50c —-—* 5 — Public Service—'. Square 1,000" 42% 5 15 U ___ (Un)__ Pacific Co (Un) Sunbeam 57%' 55%. 1. (Un) Southwestern Storkline 55% 55 5 Corp Mobil Sperry Rand Corp Stand Aug Jan Jan 57'A 1 i —' Southern Co Southern 36'/a 55'A 1 B Socony 20 2,300 1 Co Shell Oil Co Sinclair 300 ■ 1 & Inc Sheaffer . 3 (U11). Corp Roebuck Sears 35 ,- > 47% 38% Dec Jan 56 Jan Dec 21 V. Mar Apr 33 Jun Dec 27V2 Dec Dec 44% May 120 Dec 501/2 May.. 8 7,700 24V2 Jan 53 53 500 481/2 July 63 Jan 22% 22 Va 100 16% 26 Va Jan 25 Va 46 % 24% 251/4 3,000 24'A Jan 45% 47% 1,300 Sep 20% May 39% July 24% 24% 2 5Va 8,300 20% 11,000 50% Feb 24% Apr Jan % Co__! Transmission Oct ' 25 :—5 —3.33% 50c Inc '_ Texaco Texas Transmission- Gulf Texas Gulf Textron Producing Inc —-— Thor Tool Co Power 87% 37% 33 — 88% 37 88 34% _5 _— 24 % 24% 73% ~69% 26% Thompson Ramo-Wooldridge (Un) 26% 647/a 86% 291/4 Oct 200 251/4 Jun 200 - 22 Oct 36% Aug 36 Va Jan 4,700 74 19 Aug 471/4 Feb 70 Dec 23 1,510 Jun / Feb 28% Jan 2,050 ' V - Company Transamerica 20 20 20 A' 500 60% 60 601/2 V 500 58% Mar 28% 38% 43% 27% 281/4 800 23 Tri Corp—6% 123% 10 40% —5 —— (Un) Corp Continental Corp 20th (Un)__ Century-Fox Film Bag-Camp Union Electric Co Union Oil Union Pacific of (Un) Paper (Un)— 25 ——-—;—10 California— RR Aircraft United Air United Corporation Corp Lines States U S Rubber U S Steel Universal —5 (Un)_ 38% (Del) (Un)_. * — -4 Gypsum 33% May 39 Va 301/4 Mar 441/4 29% Oct 36% Jun 32 Jan 39% Aug 331/4 Mar 46% Nov 43% 700 29% 41 30% 7 Va 25 Sep 31 Jan 200 32 Va Apr 46'% Aug 2,400 25% Apr 37% Jan . 81% 79 Va 56% 53% 58 :-l 32% 35:.,;- 10 60% 61 ? 7% Apr 311/4 Jan 2,000 81 Va' —2.50 Jun Nov " 50% 16% 7 15 t 106% 110 >• 47% 400 5,600 ■ 21%. 50% Corp Match Universal Oil Products 4,100 r 41'A 71/4' 19 21% Dec 38 Va , 37% -110 Jan ' 3,200 41'A Sep Dec 29% Mar 500 40% 30% 19% 81 Oct 200 —-—5 (Un)— Co 15% ; ■ 1,300 43% 1 • 43%': 124 40 Va — Jan 39'A. 43% 123 ——10 Inc— Upited Fruit Co United 24% ' 27V4 2 ——2 1 1 Toledo Edison Co—_'l Trane Walgreen Co — —————-1 Inc Wisconsin ; Jan 41% Jan Jun Jan 201/2 44%. 44% 37 World Wrigley . 41 % Nov 300 Jan Aug Sep 14'A 10,600 150 Nov 65 29 Va 22% 29 38'A 33% 54% Apr Oct 1,500 37% 62 Va ..Dec 501/4 6,400 22 Feb 300 350 28 36%. 38% 19% May Nov • 38% 28% 28% 37% • 29% /■%. Dec Telegraph Union Woolworth 65 Jan 2% ;_6.25/ Whirlpool Corp -—;_L— 5 White Motor Co 1 Wilson <fc Co (Un)— * Wisconsin Electric Power-————10 100 32 Sep 48 36% Aug : 32 35% 29% 9% 70 26 Va Mar 495 2,800 Standard May : 800 44% Rockwell 7 62 70 % 32% 95 100 12 68 % 44 30 Va Oct 36% Feb Dec 31% 94% 25% 800 Feb Dec 68 441% 29% Nov 300 17% 44 32 Va 95 20 ... Dec Feb 70 % 29% 17,400 ' Dee 16 28% 100 Brothers 33 65% 471/4 Jan 36 200 2,900 47 Webcor 14 43% Jan Dec 500 : Westinghouse 45 16 31% 49 Nov May * — Western 40 % 46% Reynolds Reynolds Jun 555 30 Va Chem (Un)—_——2.50 Metals Co -* (R J) Tobacco—5 Jan 500 15 1,500 42% Va 2,600 16 42 19% 50 % 46% * Drug & Dec 57% 17% 200 — 12 92 Jan 108 19 Va Company 89% 57 Jan 58'A Mar Oct Sep 75 7/a (Un)— Dutch Dec 491/2 79 55 Inc Royal 24% 900 18% Republic Steel Corp Revlon Jun 54 % Corp of America Raytheon Jan Nov 35% Oct 48% ZZ Z_ 5 Airways (Un) Quaker Oats Co 22% 33 400 * (The) Oct 64% 50 91% 1% 8 % 69% Nov 5% May 51 1 Company Mar 133/4 56% Co Service Pulman May 57 " 27 Va 56% 90 % 90Va' % 200 _1 Petroleum 9 32% ~ ~Z 25% 27Va 7.50 Corp RR Corp 15 92 ;_j_ 1,000 6.25 Corp (Un)__ 79 55% 70% _L Dodge 600 8% 200 68 Jan 25 (Charles) 250 8% 2,600 Jun _15 Co 29 8% Jan 97% Co__ Pennsylvania 1,300 11% 53 Oct 3.33 : Peoples Gas Light & Coke____ 83% • Oct 62% Electric & 20 82% 251/2 86% " 600 116 Jun Sep 63% 69% Sep 1031/4 Jan 46 - 800 V Feb 40% 3,700 Oct 701/4 Aug Jan ' 3,400 221/4 Oct 32 Va Dec 200 25% Jan 60 Aug 13 Va July Dec 29% Oct 4,500 79% World & 18% 11 29% Z"ZZ_>_*' 44. Dec 6% July 1,600 24% 11% ZZZZZZIZBoc see page Jan 89% 2% 400 • * wi 99 % 8% 83% /— 3 4— com Oct Jan Jan 5% 2% lino . Aug 72% ZZZZ-ZZZ" wi 38 % 63 1 Co common McCrory Corp —_:_____L McKay Machine Co 31% Mar 600 28 7A 77 % 1 _! Gas United Jan 900 :_50c _ Jan 2(6% 1 Mfg 7% Mar 89% Dec 54 Va 79% 8% _i common May Sep 32 85 2% (Un)__i.__25 preferred "14% July 6 493/4 28% 793/8 Co— Chemical Union ~9% Oct" 78% 24% Co Dec Dec 53/a -5 _i_ 48% 21 % 83% .4 Co common^.— Electronics Inc___ Feb 18 % Mar 32 84 __ Printing Marquette Martin J. _. 32% Dec 78% - 1 331/3 Liggett 4%% ~ _ common— Aug 400 1,400 63% & I 1 33 %c Knapp Monarch Co Dec ' _______io Chemical Oct Dec 38 Dec 34% 36 % 58% Oct 32 31 % Feb 61% Stephens & Shinkle Shoe * Jones & Laughlin Steel (Un) :__10 Marshall Field Sep 33% * Johnson Extension 37% 4,000 2.50 Co____ & . —IIIIII* Light Co Aluminum 49 * (Un) 37% 303/a 47 47% 44 Va— 30 <* Co Electric 43 * —3.50 International Shoe Co International Tel & Tel Ling-Temco 7 100 ___ Chemical International Nickel Co (Un) International Paper (Un) Lytton's 3% 400 26'/a ~ RR Steamship Co International Harvester International Mineral & Lincoln 125 25 53/4 5% 28% 10 Pictures Coal Jan 22% 61 % __| 9 551/4 % Co Stanray Corporation 14% " 10 Co Co Feb 11% __ 34 ,_i Co Gas Co Jun 14% Interlake & Jan 38 11% 1 53/8 Salle 37 323/4 May 100 Dec 54% 34 127% Laclede Sep Mar 13 35 25 Leath 24% Feb 26% July 17 30,100 37% 37% 66% 10% 1,400 11% 50 %, Jan Sep 56% May 20 Oct 900 21% 34% 34% 900 48 21% __ ,_i La . •, 3 1 Co Industries Inc Forge Aug May 34% 11 % Howard Kropp 34 Oct 500 13% 46% 34% Hibbard Spencer Bartlett Power 29% 22% Mar ,233/4 . 16% 21% 1 Kansas 32 50 791 62% 100 58 1 Kaiser Jan 22^4 46% 1 Corp Jefferson Dec" 5534 ~ 36 17 __• _ (Walter E) & Co Power & Dec 33% Dec 8,500 14 1 Hertz Iowa 74% Oct 40% 39% 23% Heller Interstate Aug 26% 27% 37% 8.33% Central 62 3/8 700 28 % 35 " ■ Brewing Corp Brick 700 13,300 26% 39% 3 (G) Steel Jan 43% 35% * class A—- Utilities Heileman Inland 993/4 34 13% 1 Organ Co Illinois Sep 73% * (Un) Hammond Illinois 70% 42% 39% 98 100 6.25 +. Corp Hein Werner Jan 28% - 0 Co Dredge States 53 72 8 . Service : Natural American Rexall 25% July Oct ___5 1 ___ Owens-Illinois Glass Radio Apr 351/4 5 (Un) Pure 20% 1,800 * (Un) Olin-Mathieson Public 34 Va 200 45%. 5 Co Philco 301/4 Mar 22 1 Co Power Edison Phelps Aug 35%' 45% __ ' Ry Ohio Pfizer 700 35 22 ___5 Bancorporation Pepsi-Cola Jun 6% Manufacturing Co Peabody 87V4 45»/„ 5 Gas Co States Parke-Davis Oct 7 Va 60 % ' Northern Gas Dec Nov 6% (Un) RR_ Public Pan Jan 12 1 Aviation— Indiana Paramount 191/2 33 Jan 25% Mar 1 5 Northern Co Feb Jan Sep 33% % 33/4 Oct 33 % 11,300 __1 : Co Gulf Jan 70% 10 Corp Jun 8 67 1 .___ Bros Cooperage Greyhound 18 Dec 67% 83Vic (Un) Lakes Jari 6 2% 1,600 1 distribution ex City Steel Co Drug Stores _: Great 14 200 ___5 Granite Greif 200 220 44% 3.33% Co (W H) 2% 16 % 6% 42% :: Brothers Gossard 2% 15% 44% Corp Goodyear Tire & Rubber Co Gray Jan 42 Rubber & July 9 34 Utilities Corp 80 Jun 3 Electronics & Feb 7% 1.66% Corp General 60% 300 * i Inc Oct 335 6% 3,100 Richman 11 8% 5 Corp_ Mills General v 80% 1 General Electric Co General Jun 8% :__2 Dynamics General 7% Feb 15% *—5 — Finance 17% Jun 30 79% 1 Corp 1,700 1,650 Jan 19% r Dec 23% 9 92 % 8 Vis __—2 Corp 8% Feb Dec 80% Transportation—2.50 Corp_ 21% 9 10 Bankshares General 23% 1 : 1,200 14 Jan 9% 603/4 July 12 Oct 8,300 70% 13% Oct 6 %' Oct 50 8 67% ,——2 Corporation General 70% 5 F W D General 8 5% 10,500 9% 9 —1 Inc Co Dairies Fruehauf (Un) Bankshares America of Motor Foremost Rubber Corp Wisconsin Flour Corp & 72% -1 Illinois Nov 57 13 13 (Un) __5 13 57 2 Phonograph 703/4 25 % Mar 179% Jan 271/2 29% 30'A 3 wi com 32% Nov 33 25'A 110 10 21% 109 '4 111'A 27'A 1 (Un) Elgin National Watch El 33% 5 (Un) Inc Lines Kodak 71'% 5 — Inc de I) Air Eastman Co— USA Ltd Pont Co__— Dec 71 — North American Car Corp.— Northern Illinois Corp ■; Pacific Deere 72% (Un) Central Oklahoma Nov 1,400 ___5 Jan 1 Products Crowell-Coll 16 1,000 11% common- Product Co American Northwest 500 18 22% * (Un). Northern Oak Nov 50c Distillers Northern 15% 32% ■ Co Register Lead York New North 236 11% & Co___ National Gypsum Co Dec 10 Continental Dec 52 ;-5 America Continental Motors - National 16% 17% 10 (The) Cash National Nov 32% __ Company Jan National 71/4 3 23 % Dec .Jan 200 * (Un) Ward Dec 20% Feb 13 7% 11% Inc Dec 300 18 Va 32'A -__ Fuel Chemical 13% 23% Dec 7% 1 May : 8% 1 (Un) High 96 73% Mar 400 1,000 10 Co Mfg River 12 7% Manufacturing Co 21% 56% 23% Co_ & 600 16% Co of Can Crucible Mississippi Oct Jan 12 40% Corn Nov 57 % 28 3A 56% 68% Power Min 22% 12'A 10 Corp Minnesota Products—___. Utilities Brewing Low 79% 10% 16% 4 c Range for Year I960 Shares High 78% — __•* Food South 17'A May Jan 56% common——25 Continental Mickelberry's Middle 17 % May ■ Inc Low 12.50 Meyer Blanke Co 500 38'A > (Un) ___—1.33% Consumers Jun (Un) , for Week Range of Prices 16% _____; & Scott Brick 18 9'A 1 40 38% Consol Natural Gas Edison Metropolitan 28% 23% 23% * —10 (Un)—. (Un) 17'A Consolidated Foods Container 41% 15 Corp—___— System Commonwealth Feb 5 Iron & Sep 300 Inc Co Fuel Jan 18% Co. 27'A 28% pfd——100 Cleveland Electric Ilium Colorado 27% Merck & Merritt Chapman 51 J 800 10 J. 4%% Cleveland-Cliffs Iron 29% 700 16'A 2U Mar ■ Sales Week's Last Par Minneapolis 125 54 Electric———8.50 & • < ' Cities Jan 600 1% 10 America (Un)——• Corp of Cincinnati 263/8 14% i 20) Sale Price High 1% Carrier Corp common Central Low High 14% Canadian Export Gas Ltd Pacific (Un) Celanese Monday, January 23, 1961 . ' Friday STOCKS Range for Year I960 Shares • 1% 5 Inc Hecla Canadian Centlivre Sales for Week Range of Prices Sale Price & . . OUT-OF-TOWN MARKETS (Range for Week Ended January Calumet . ' Electric Public (F W) Publishing (Win) Yates-American Jr _.—; Corp (Un) Co Tr—^ Co 10 % 10% 8% Dec 44 % 46% 600 38% Nov 55% Jan 45 45 " 47 Va 3,800 46% Feb 64% Jun 28 28 " " 28% „900 22% Aug > 37V4 Dec 9,500 " , - 48% 48% 46% 46% 43% — 43 Va • 200 Jan t 67% Jan 331/2 May 36V2 Feb 100 200 34% 44Va Dec 42% Sep — 10 30% 29% 30 Va 300 25% Feb 31 % 68% 67 681/2 1,300 671/2 Dec 73 July 1 14 Va 98% 12% 14 Va 3,900 12 Dec 19 Jan * Machine Youngstown Sheet & Zenith Radio-Corp— 9% 463a 10 Service— Co 61 CoaiJ__.r_i"_55■__ Tube_—J—96% 1 108 ^ 98'A 100 400 78V4 Apr 17 Va 17%' 200 16% Dec 96'A ' 97% 85 102%- llCPAv -;c- 800:/ . 95 99% Aug Dec . Jun Oct, • 24% 1371/4 Jan APE. 129 % Sep „ Volume 193 Number 6023 . . The Commercial and Financial Chronicle . (411) OUT-OF-TOWN MARKETS Pacific Coast Stock Price Range Stocks listed exclusively This list does not include on (Range for Week Ended January 20) Exchange Friday STOCKS Exchanges. Friday Equitable Gas Co Week's Sale Price !''%■'/■ A/;/'/'' Aeco Corp " American Bishop . _——— Factors Ltd Oil Mammoth Chica Broadway-Hale Gas California & Corp Ink Products Exeter Oil Inc Co Apr Sep 600 100 7,100 30% 1,500 20% 211/2 600 341/2 class A 900 42c 64c 3,800 41% 43% __i , of 33Vic California 43 % Jan Sep 39 % Jan 22 Jun 38% 7 Jun 13,400 32c May 1.00 Jun 1.40 1.60 3,300 Dec 2.80 54 500 _10c ; 9,000 34% 300 1.25 __2oc 30c 32'/2 * 1.10 50 29c :■> —. Co__ 46c Mar 54 Co Gas Sugar Equipment Life Dec 2.20 25c Sep 1.00 July 7% 1.55 1,100 Nov 4.25 4,800 5 Nov 10 15% 5,200 11 Dec 25% Tel 19% 800 16% May 23% Research B S F 1.30 Bund 4 May 1.50 7 Electric Utili¬ 40 ties Stocks trials Rails Rails ties Bond® Total 85.78 84.96 633.19 84.98 i 16_ 139.97 102.44 213.15 91.62 81.17 81.31 85.80 Jan. 17 628.96 141.14 102.09 212.53 91.62 81.17 81.36 85.80 Jan. 18 634.10 144.89 102.37 214.78 91.70 81.13 81.43 85.87 85.03 Jan. 19 632.39 143.77 102.74 214.30 91.74 81.03 81.47 85.84 85.02 — — _ — Averages Utilities, are 8.53; 65 compiled stocks, daily by using Jan 31 Aug Mon. Jan. 16 Feb 31 2.85 Sep 3% Tues. Jan. 17_ 3,800 2% Mar 1.40 Oct Date Oct Closing 5 % Mar 109.60 Aug 4 101.42 Sep 23 151/2 200 12% Jun 16 % Mar Wed. Jan. 18 300 23% Sep 33 Jan Thurs. 1.10 Jan. 19__„ 113.84 13,200 2.45 Jan 32 32 100 Fri. Jan. 20 113.87 14% 14% 2,200 L.00 July 29 Oct 45% 79% 70% 82% 108% Range for Year 1960 Low 26% 106 High 50 21% Dec 42% 61% Oct 82% 79% Jan 108% Dec Aug 39% Jan 38 829 28% Sep 38% 243 31% Oct 54% 20 13% Nov 16% Jun 14 150 11% Nov 16% Jan 2,111 6% Jun 8% Jan 13% 8% 17 16 17% 684 Dec 28 86% 82% 86% 1,811 45% May 89 39% 40% 1,035 38 71% 10% 9% 43% 10% 42% 26% 26% 56% -7 % Dec 477 35% May Jan 12% 26 week i, - 26% Composite 43% Oct 72 Nov 50% Durable 118.5 Non-Durable 112.1 : Goods 1960 Change 118.3 115.1 Goods - 1961 High Low +1.9 121.4 113.0 +1.9 122.0 10" 6 117.0 +1.3 129.5 107.7 109.2 +2.7 115.1 107.7 99.5 Transportation 100.5 97.8 +2.8 108.3 87.1 Utility 147.1* 144.2 +1.9 147.1 118.4 134.5* 132.5 +1.5 134.5 120.5 83.3 +0.6 86.7 67.0 Trade, and Finance Mining Service— 83.8 - "New High. •' Jan 19% 120.5 Manufacturing Jan 93 % Percent Jan ■' ■ .. . Jun 46% f 100 Jan. 6/61 Aug Sep 85 = Jan 47 21% Mar 173 26% 10 Dec 945 44% —5 the 1957-59 Jan 6.75 Battery for Jan. 13/61 Dec 39% 1 Light 8 Oct stock for the current year. Sep 12% 8% Jan 95.55 prices based on the closing prices of 300 common ending Jan. 13> 1961, for the composite and by major industry groups compared with the preceding week and with highs and lows Sep 45% 13% 8% 31 12% 14 229 44% __ 35% 36% 37% of Feb 8,709 109% index Jan 790 , 35% __ SEC stocks High 26% 109.39 SEC Index of Stock Prices for Week __ Range for 1960 High Low Nov The Shares 112.75 - Jan 14% 10% July Sales A Low 10 5.234; Range for 1959 High 26% Range Rails, Low 26 of Prices 3.28; 112.58 1.05 Week's Industrials, 112.56 l _ 151/4 „ divisors: (35 Stocks) Compiled by National Quotation Bureau, Inc. 90c 5 Co following Over-the-Counter Industrial Stock Averages 28% 3% the 84.99 17.28. 28% 1 • —+% Storage Grade 81.50 400 1.80 & Grade Utili- Jan. Dec 25 Light. 10 Indus¬ 80.99 1,800 12 Co . Power Duquohiic Second 65 91.56 5,400 5 Co Publishing Delaware First 213.23 1.70 4.33 Corp Company Curtis 10 10 102.62 30% —_—66%c Campbell Soup Chrysler Corp —Bonds— 10 Total 15 139.63 30% • Electric Transit Jun 633.65 30 »/8 33Vb . Baldwin-Lima-Hamilto'n Baltimore. 64% ]3 30 % 1 Company Oct Jan. Sep Last Tel_ City Jun 45 730 1 Corporation Atlantic 47% 5 Co Atlantic. 45 1 common..^..... & 45% 1 common Arundel 32% roads Jan 19% Par American Dec Rail¬ Jan 14% Sale Price Stores 21% 55 trials Jan 6% STOCKS American 24% Feb 6 5 Co common Steel 24 Jan Nov 6% Friday :: Wood Jan Indus¬ Philadelphia-Baltimore Stock Exchange Alan 2% 1 1.90 Mar 1.50 50c Insurance (Un) Co Cab 24% 20 A__25 series . common Petroleum Jan Apr 1,230 closing averages of representative stocks and bonds listed Exchange as compiled by Dow-Jones & Co. 25 pfd Co Union Yellow 1.05 12c 1 1 Co 22% July, 1 , Co ——_ Jan 38% 1% Stocks Feb Dec Dec 25c Victor Coast 62 Feb 2 Bottlers- Western West Aug Dec 23c 10,800 Westates 2.95 33% c Pacific Oil & Gas Develop____ & \ 78c July 32 600 Inc Apr 1.55 5,600 Gas 80% Dec 15% Jan 51% 1.60 45c 69,200 Oil Jan 3.50 23c Oil Sep Nov 25 6.25 Jan 2.50 44c 1.05 Trico 19% 40c 1.35 Cal Oct July 40c 21c preferred 55% 25% 264 17% 10 30 Date _10c , Co Ranch Sep the New York Stock Nov Feb 1.05 6Vp ,46% 62c 1 Rice Nov 2,800 1 Southern % 1 Aug 4% 30% * 16,100 Corp Ltd Rhodes the daily are Jan 82c Oil Gas 1% . 15% Jan 3% 153 Jan 72c 1.85 Norris & .'tan Dec 500 54,000 Chemical— May 291/4 8,500 Nordon Oil on 25% 17 1.95 & M Oil Co (Un) Navigation' Co (Un)_ United 17% 750 • Stock and Bond Averages Below 2.10 10 Reserve Sep 68c ——50c Pepsi-Cola 1.80 19% Mar 15 '/a Mar 1.80 Co Pacific Industries 73% 29% 30% 5 . Nov 2.00 Oil Petroleum 1.35 Glass & 26% May 6% Aug 1.85 _1 _— Merchants Aug 38 2.15 71% « Dec 2.00 Jan */8 O 11,800 .12% 12% Mar 73- Jan 30c 2.15 82c Deq 19% 101/4 10c 4% 36 (Un)__50c Oil Co_—_—— Maryland Mines Corp Imperial Western Salt 1.45 5,250 34'/a 100 4% 4 % Westinghouse Air Brake Westinghouse Elec Corp— 3 4 13% 4% 1 10 Jan 27 201/2 Sep 13% 13% —5 common Jan 4,800 19% 29% 15c 4,500 30% 66 10 20,900 « 32% Sep 3»/2 4% Jan 32% L_ 1 2.00 1.80 Supply-- 5 35% 24% 56 % .—10 42% July 23% Mar U S 3 »/4 41/2 54 Rockwell-Standard Corp _i United Engineering & Foundry Co 1.90 1.80 Sep 49% Dec 33'/2 (Un)_ common.. Co Humor M 20,000 20V2 41% 49% Nov 34 Co_—_ Ltd new Co Idaho J 12c 1 Holly M 300 10c General Exploration Co of California—1 Gladden Products Corp i Matson 81/2 High Feb ;7% 29% Jun High 32% 63c 20c Low 90 :7c 100 Range for Year 1960 39% Refractories Pittsburgh Brewing Co Pittsuurgn Plate Glass 39% Shares High 39% 211/2 May 7% Dec 46,400 2 Corp: Capwell Friden Leslie Low 54c 311/2 81/4 5.50 Oil Fields Emporium Jade High 31 :7.50 Corp Dominguez Range for Year 1960 2.00 Corp— Co._-_ Dole Good Shares 50c Fuel Low ___8.50 Natco Corp * : Walker Mountain _5 Inc Co— Abbey Electrical 54c __i Stores Oil—_ Crestmont Consolidated Cypress _10c Consolidated Min___5c Oil of Prices Low 2 Bolsa for Week (Un)~—+u Co Black Buttes Par Sales Range Last for Week of Prices Par Harbison STOCKS Sales Range Sale Price Stock Exchange. approximately 500 issues dually traded on other Week's Last the Pacific Coast on 39 1,784 of Co Class A Fair. Ford Motor Foremost 34% 33% % 34% 1,012 5 70% 67% 70% 1,207 60% July 2 13% 13% 14% 1,043 12 Oct Railroad U. S. Total 1 19% 19% 19% 21 17 Mar 19% and Miscel. Foreign Bank Gov't Bond 42% Sep No. of 1.66% 42 44% 19,451 40 Dec 56% Jan Shares Bonds Bonds Bonds Bonds 1 10% 10% 50 10c 27% 29 % 1,010 4,507,590 $6,931,000 $347,000 $7,278,000 3,833,370 5,848,000 338,000 6,186,000 Stores Co General Acceptance Corp General/Motors Corp common Co ^ International Internat'l Resistance Utilities Corp $2 conv pfd__25 Lehigh Coal & Navigation Macke Corp class A Manison Fund Mergenthaler Pennsalt Chemicals Perfect Photo Public Transportation Mfg Ppwer Co Service Reading 13 Jan Dec 21 Dec 22% 1,406 16'% May 20% 36% 65% Co Apr 33% 883 73% Mar 180 58% Apr 80% July 30% Co 28% Sep 17 % Wed 4.388,840 6,798,000 425,000 Thurs. Jan. 19 4,733,480 7,532,000 311,000 Fri. Jan. 20———. 3.266,190 4,571,000 197,000 20,734,470 $31,680,000 $1,618,000 Jan 18 —- — Total Jan 32% 32 33% 1,914 23 28% 27 % 28% 1,990 25% Jan 13% 12'% 14% 3,960 10% Oct 34% 35% 236 30% Nov 40% 41% 41 34% Jan 54% 52 54% 4,745 47% Apr 45 % Jan 66 % July 53 - Aug ' 10% 9% 10% 7,584 18% 18% 19% 2,038 34% 34% 7% 14 47% 26% 1.572 110 12% 36 Nov 12% May Dec 16 39 13% 44 46% 50 —. Jan 3 • Jan. 17 Sep 1 com Jan. 16 Tues Int'l Sales 7,223,000 _ —— 7,843,000 —— 4,768,000 — $33,298,000 —— 95% Mnv 10 ___' Gas & Mon 50 80% Exchange Daily, Weekly and Yearly Dec 318 327/B 10 common _ Electric Transactions at the New York Stock Dec 3 Electric Progress Aug 19 86%~ 88% • Corn -"Potomac Jun 10 305 77% 5 Co Nov 41% 160 33% __20c Electric Philadelphia Philco Inc Inc Philadelphia 41% 100 12% 50 - Jun 20% • . Light <fc 41 % Apr 78 1 Corp Pennsylvania Power Pennsylvania RR Peoples Drug Stores Mar 43% 64% ,66% * 16%e Linotype 14% 213Ji 22 1 * Inc 18% Nov 19% 1 Co_. Co * 9% •A 12 1 common Merck 43'% — 10 1 Inc (The) "New 48 10 Dairies Homasote Martin 56% 46% Bait— at non-voting Food .. 54% 1 America — Stocks Finance 38 Week Ended Jan. 20 1961 Stocks—Number of Shares Jan. 1 to Jan. 20 1961 I960 1960 57,324,324 20,734,470 14,005,490 $1,618,000 $1,989,000 $4,380,100 $6,215,000 31,680,000 26,505,000 85,531,000 110,125,000 33,298,000 $28,494,000 $89,911,100 $116,340,000 63,932,362 Bonds— U. S. Government International — Bank Foreign— Railroad and Industrial — Apr Nov 33 Dec Nov 20 Jan 43% Dec 18% Jan Mar 9% 11% 720 • 91 89% 91% 811 72 Feb 92% 48% 47% 49% 416 38% Oct 64 % Jun Jersey Gas Co. —„2 50 Southeastern Public Service— 4—10c 29% 28% 30% 339 22% Jun 28% Dec 17% 16% 17% 1,048 13 Oct 15% Dec Sun 50% 49% 50% 505 55% — Jun • Total Jan Scot! P-tper Smith Co Kline & French South Lab j. — -— Co— Oil ' • Thompson-Ramo-Wooldridge United Gas 1 Corp United Universal Marion 69% Washington Light Gas & Lothrop 7% '1 * common common 71% Dec 42% May 165 56% Oct - 10 526 54% 244 46% 14 % 14% 200 13% Dec 57% 579 45% May 56% — v 62 __ 70% Apr 7 — • 7.% 53% 13.50 Corp Woodward _5 1 Improvement 8 % 62 6% 15 60 Dec 7% Transactions at the American Stock Exchange Daily, Weekly and Yearly Dec Stocks Jan (No. of 18% Aug Shares) 54% Nov Mon Jan 16'_ 68% Oct Jan Tues Jan 17_ Wed. Friday Week's Allegheny Ludlum Steel Apollo Industries . Inc ——-I Columbia Co . " 40% 40% 9% 10% Low 140 """ 31% Nov 6% ; Jun High i;_ - * i_—A10 ' 63 • - • System——————10 Duquesne Brewing Co of Pittsburgh—5 Duqnesne Light Co __5 . For footnotes, of 55% • 55% 34 V8. 36% 23% 24 30 Shares 39% Mar 37 28% ► Oct * see page 44. 23% 9 26% 9 26% 9% 267/8 18% v191 > 830 442 4,000 *1,240,000 91,000 25,000 *120,000 *1,520,000 117,000 1,000 2,000 *120,000 168,000 48,000 4,000 *220,000 *1,200,000 239,000 1,000 $724,000 $74,000 $42,000 *$840,000 Jan 8% Jan ■ -i ;r 21% Mar . Foreign government Dec Foreign corporate *240,000 Jan. 1 to Jan. 20 1961 1960 I960 *19,367,310 25,404,512 $1,787,000 $3,296,000 232,000 5,503,345 + — 119,000 $547,000 Dec 74,000 15,000 42,000 22,000 *$840,000 ._ — $584,000 ~ 96,000 55,000 *$2,115,000 $3,470,000 . Jan 23% | '. $724,000 Aug 52% Sales $20,000 *$140,000 *7,070,000 Jan 12% 52 % t Bond $11,000 Bonds— 56% > :■« ' Gas Stocks—Number Total Bonds Week Ended Jan. 20 Range for Year 1960 High 39% 9% 5 _1 $109,000 1961 Shares ' — Armstrong Cork Co Blaw-Knox Low > . for Week of Prices Par Jan. 20— — :__ Sales Range Last Sale Price Corporate *1,540.000 _____ : — Total Pittsburgh Stock Exchange Foreign Gov't Bonds Bonds *7,070,000 _ Jqn. 19 Fri. Domestic *1,570,000 —— Jan. 18 Thurs. STOCKS Foreign Jan 54 9% Mar ;26% Sep J.V" 'Unofficial volume -shown here. / 40 (112) The Commercial and Financial Chronicle CANADIAN MARKETS Montreal Stock Prices Shown Are Friday STOCKS Last Week's ' Par Abitibi Power & Paper common 4 % Vo preferred Acauia Atlantic Class - Sugar A Algoma Aluminum 4%% of Co Canada 4% preferred Canadian pfd__ -25 Pulp Tel -^ pfd 4%% Co pfd. $2.90 preferred : Argus Corp Ltd common $2.50 Bailey B»nk Bank of 5% pfd press 25 We Zu Scotia Mova — 10 Canadian Power Class National (Canada) intend to publish the Henres in next Monday's & Paper class A _ _• preferred Bowaters Mersey 5 % % Traction preferred British American British American Oil British Columbia . 4%% 40 Mar 46 Va Sep 49 Mar 52 % Aug 37 Jan 43 Sep Sep Iroquois Glass 47 Mar 26% July 35 Va 49 % Dec Jamaica Feb 26 Va Aug Labatt July 28 Jan 16 July 17% July Jan 19 20% 60 Dec 71 % Jan 57% Aug 33 Va May 41 Feb 37 (M) Lower Jan MacKinnon 46% July 5%% Columbia Forest Produots Sep Montreal Mar 50% Sep 5 V« Jun Morgan Jun 52% 35% Steel 93 Va Oct 45% Oct National Feb 50 40% Nov Sep 50 Sep 52% Dec & Steel 14 V* Jan 7'Zo Apr 37 Va Jan Dec 11% Jan Jun 7% Dec Ltd class A • • Products • Jan 11 2.00 Dec 2.75 Jan 34 Va Jun Penmans Jun 29 % 6'/o common. IIlOO I A class 16% Preferred Canada .100 Cement $1.30 common— Iron 4%% It common 100 Canada Malting Canada Safeway Ltd 4.40% Steamship common 5% common • pfd Electronics * Canadian Bank of Commerce Canadian Breweries common Canadian British Canadian $1.75 series 11 • class A__• • common common Warrants 35 A Jun 73 Dec Co • class A_50c Sep Jan Warrants 12 Va Sep Feb 22 Va 59% Dec 31% Mar 44% Dec Dec 16 Jan Dec 22 % May 8 17% Apr 25 Va 33 Dec 5% Nov Nov 9 Feb Canadian International Power Marconi Oil Canadian * Co 1 Canadian Canadian Vickers Farm (B Columbia Cellulose Combined Co Ltd Jan St May Bt Feb 8 Enterprises • Consolidated Mining A Smelting Consolidated Textile • Oct 26 Va Apr Dec 13 % Feb Sheraton Consumers Corbys Crown Dominion Coal 2 Dominion Corsets 25 Dominion Dairies Dominion Foundries & common Glass common 65% 10 Steel Stores & Coal Dominion Tar Dominion Textile b • Chemical common 12% Apr Nov 41 % Mar • • Ltd 3% 1 Canada preferred • common 12 % July 8% common Brewery 7%% Dec 10% • Ltd Apr 38 Va July 98 Jan • preferred of 32%. Dec 9% • com__ 100 Bros Dec • Steel Preferred Pont 12 Jun Feb Freres 50- class Dec Webb 90 Jan 1 10% Jan Dec j & Heating Prod class B Players Canadian Corp Fleetwood Ford Corp Motor • • l ; Co 5 „ Foundation Co of Canada Fraser Cos Ltd common French Petroleum Frosst & Co Gatineau (Chas Power _• • preferred l| E) 1 common General Motors General Steel • Dynamics General Great Lakes Andy Hardee 6%% 1% Wares Farms Holt 1.00 common • Paper Co Ltd Handy • Co__ Int 1 common • preferred 1 Renfrew ~i00 . Home Oil Class Home & $2.00 Hudson Imperial Imperial 6 % % For A I B Howard -SI .25 class • • Pittfield Smith ao« Paper common • preferred Bay • iq Investment preferred footnotes, class A „• L ~25 II20 __ see page 44. Sep 17% Dec teb 16% Jan Jan 92 Nov Nov 67/a Jan 80 Jan 40 Oct 85 Dec 80 Jan Jan Dec 9.50 Mar Jun 20% July 6 % Dec • common.. 13% Feb 8% Mar 23% Jan 19 Dec 100 15 % Mar Power common..* Dec 11% Oct Dec 30% Jan 50 America of 37 % Mar 43 Mar 50 41 48 July 18 'Nov 50c Canada Aug 18 • com Nov 30% 100 Nov 45 Jan May 118 130 Aug 25% Nov 33% Jan 16% Dec 24% Jan 19 Jun 23 Nov 8 10 .. Sep July 17 61 preferred Dec * Steel _ 8% • Ir-.u_.i_-U. . Canada • A 1 ,Jan Jan 24 Aug. 45 Jan 87% »7% Mar 94 Mar ..Tan 102% Nov • _ . -10 58 J aP 48% Mar 58 Dec 16% Jun 25% Jun 1.70 • Nov 4.00 • Jan • Corp 4.75 Dec Knapp Class (Canada) class Ltd.. 1 Jan Dec 20% Apr Jun 40 Dec 2.60 May • "A" 30 warrants--^—— 3.45 Mar Feb 39 % * 29 preferred 100 Limited 84 100 preferred Mar 100 Apr Mar Dec 16% 10% Mar B 4%% 8% 13 * (Geo) 6% J 26% & Zellers May 90 preferred Dec ' 41% 92 Dec . 19% July 4%% Aug 107 Aug 31% Mar 37 July 41% 47 Aug Jan Jan * common. preferred 50c Feb 24% May 11 May July Mar 10 Apr 17 Mar 22 Dec -77 7% July Jan Canadian Stock Exchange 4.00 Aug 5.75 Prices 17% Nov 9% Aug Oct 87 8% Oct 21 % Nov 3.25 Dec 12 Jan Anacon 6.25 Jan Anglo-Can Pulp & Paper Mills Ltd__* Anglo-Nfld Development Co Ltd 5 15% Feb 38 Dec Sep^^ Explorations Lead Anthonian Mines Mining 32% Sep 50% Jan Arno Mines 39% Dec 52 % Jan Atlas Sulphur Telefilms Oct 16% Jan Atlas 34% Mar 44% Jun Aug 9 Mar 15% May 12 % Nov Ltd Corp Ltd 1 ; .__* . Iron Co Ltd ____1 104 % llOVa Dec Baker Apr 17 % Jan Barnat 7.05 July 12% Jan 7.00 Dec 11% Jan 3.05 Dec 4.59 Jan 33% Oct Talc Bateman Beatrice Bay Jan 42. July 52 Jan Bluewater 66 % Dec Bonnyville 11 Dec Bouzan 8% Jan 19 Va Jan 21 20 % Sep 20% Aug Sep Bonnets British Burnt We regret Co Oil Oil Mines & Gas & Inc__ * Corp 1 ; Packers Tungsten __1 Ltd Refining Ltd Columbia Hills . Raceway 1 Ltd Mines cl Ltd A__* 1 July 7% 2c Nov 8%C Jan 4c Mar 8c Jan 2c Dec 12c Jan 40c Apr 70c July %c Sep 6% Sep 38c Jan this week's compilation of the Canadian Exchange was Stock not re¬ ceived in time for pub¬ 1 6 that lication. Lake7Gold Mines Ltd___l Corp Ltd 1 Belle-Chibougamau Mines Ltd.; 1 44% 5°% Mar NOTE: 1 Mining High Dec 35 we were press Consequently, forced to go to without it. 21 4.60 9c 1.63 20c Jan Aug 89c Jan Apr 47 % Sep Dec Aug Oct 7% 7.90 20c 1.70 Jan Aug Apr Jan Dec 6c Dec 43c Jin 2%C Nov 5C Jan publish 14c Oct 55c Jan the figures in next Mon¬ 3c Jun 6 %C Jan 5% Aug 8% Feb Red Brllechasse Blue Ij,OW 36c,1 1 __1 Range for Year 1960 3 %c 5 "A" Ltd Mining Shares High • 1 Ltd Mines 35% Mar Mav ! Bailey Selburn Oil & Gas Ltd Jan 14 Ltd Exploration Telephone Co Avalon Low 20c Ltd & for Week * Augustus 10% Ltd Sales Range of Prices Par Jan 28% Apr Week's Sale Price Alscope 32 Expressed in Canadian Dollars Last Jan 13% 7% Are STOCKS 22% July 12% July 62% Shown Friday Jan 43 _50 Mining Bank preferred & • _. Feb 72% July • preferred class Class A Sep 45% Jan 5% of ; Weston 18 Jan 5.50 65% July m A Ltd. 100 Jan 18 80 5.25 pfd Viau Dec Dec July 30% Jan 13% Mar • Kootenay Power__ Electrolux Corp Enamel Water Steel Aug 7 A East Famous 5%% 13% 16% Nov 66% Mar 100 Structural Co 52 6 Dupuis class United 68% Aug 39 80 • common Jan Jan Jan 15% > IIIIoo common Jan 45 • __ ' 10 17% 15 84 45 Dec 4.40 Toronto-Dominion Bank Trans Canada Pipeline Triad Oils 15% Oct 32% Mar 20 % May 4.25 Jun • Steinbergs 15 .1." III100 Co Steel 2.25 July • 75 :„:; • Texaco Canada Ltd pfd Jan 17 % 6'/o Standard Jan Jan 47 38 • Jan 21 Jan 4.25 Oct • A_ Ltd 4% Sogemines Southam Feb Aug . Simpsons Jan Dec 55% 14 Inc 29 15 6% Dominion 3.00 Bicard 19% Nov Jun NOV • preferred 20% Mar A Bridge Dominion Jun 21% Dec Co 4% 8% May 17 Va Feb Seagrams Du Jan 16 • class Dominion Donohue 11 18% Distillers Dow 7% Nov Jan 14 Va 12 Va -i common Canada Corp of Williams Shevwin Jan 2.00 • Zeilerbach 7% Jan • A Mortgage Dominion 17 Mar of A Class B 25% 7% • Glass class Coronation Series Sep Feb Jan Aug 1.10 _________ Bhawinigan Apr Jan »Jan 110 40% Mar _ common Salada-Shirriff-Horsey Jan 4.90 29 31 Mar 13 Corp Dec 17 Ltd Cement 5% 5.25 July Jan 2.05 ■» preferred 24% Jan 13% Aug Dec v 35% • • Lawrence Nov Dec Jun 43% July 50 _u Lawrence 5% Aug 3.75 23 10% Preferred %~ Jan 1.90 • Dec 145 • 1 preferred 12% • 49 Apr Jun 1 common (Canada) Bank 12% J) Mar Gas Canada Royalite Oil 16 • Coghlin Nov 27% Mar common _ Paper class 4% % Royal 43 7 Jan 16 20% 100 Preferred 4.65 • Cock'hutt _ (A V) Rolland Dec 20% 48% 100 Jan May Sep Jun Jan * 20c Ltd 54 8.00 • Power 19 • common Railway 21 Petrofina Ltd preferred_18 15% 19% May 18 Reynolds Aluminum preferred... ZZ100 Roe Nov ' Jan Jun Nov .. 125 Class1 "A" Jan' 17% Aug 4.80 Reitman's 37 6 Pacific Companies Jan 7% 8.45 Nov 95 40 ____100 common • 9 80 Canadian 10% Sep 12 Va July • com Locomotive Canadian 2.20 • Preferred Canadian 5% July 1 common Sep 36 Apr ' 7% July 2.40 ' 36 —1 Quebec Dec Jan Dec 13% • Sep 46% Mar Mar 9a/< • Units 45% Feb 18 60 49 % Mar • Ores Co Oct Dec Apr Apr 14 V % • 10 100 Quebec Natural 92% Dec 13 Jan 42% 86% . Jan 10% 25% 11% 1 Transport preferred Mar • Husky Industries Dec Jan Apr Apr 42 5 com__ common. & 82 1.85 Morse B Canadian Canadian 67 26% 20 Jan 18% Ltd : Fairbanks 83 Feb 26 preferred 5% May 21 _i Ltd Provincial 23 Va Mar Jan 13 39 • Corp Jan 102 Dec 7% • ; Iron Bros 4 Vo Jan 27 % Apr 15% Aug 28 preferred Chemical Canadian Class Aluminum Bronze Celanese Canadian Price 47 • 12.50 Aviation Canadian Dec 39% 100 preferred Canadian Dec 25 102 Va 24 Va Foundries preferred Canada Mar 22% July preferred Canada Feb 93 93% Mar * Development Corp of Canada Premium Jun Jan Products Ltd 9 12% preferred Placer Power Calgary Power Steel Dec Dec Oct Page-Hersey Tubes B Nov 8% Pacific Petroleums 17 Mills Oct 33% III_I_* preferred Feb Class 9% Jan f Dec 9% Building Jan 7 100 Co 9% Bruck J an Dec 16 _ Ontario 47 % Sep 35 32 Jun Nov Noranda Mines Ltd Nova Scotia Light & Power Ogilvie Flour Mills common Mar 9% 30% Oct Apr 13 ' 19 Chemical Car Trust 1 pfd 26% publish 18 % •_ 10 Ltd to 5 Drug National 37% Mar Jan v Oct Jan 42 Va Jun Nov common preferred Oct 14% July Nov 17% Trust 4%% Oct" 58% 6 intend 40 Co 36% 62 13% Ltd Brockville Chemical We the figures in next Mon- _* com Locomotive & - 10 class 25 Company 52 Powell River Liu • common British Columbia Power British Columbia Telephone Brown without it. 29% Preferred Jan Aug 42 31 Feb 38% May forced to go to were • Montreal 3 50 May • Dec'* Power B Jan • Dec 30% 24 Breweries 52 47% Mar 58% Dec 11% ~~3 Tel (Robt) 10 % 50 Jari Sep 29% we com__. —* * preferred Jan Mar 22% 46% Consequently, day's issue. & 94% Oct ,21% Feb 21% May press 5 Ltd Structural Tel Mitchell Nov 81 re¬ preferred____10 Service Massey-Ferguson 6% 49 not Dec ceived in time for pub¬ 25 Candy Shops MacMlllan Bloedel & 45% 24% was Dec lication. (Johni Lawrence Maritime Class 45 Stock Montreal __ Lines 6% the Exchange Ltd St Molson 50 Dec of Dec 47% Mar Jun Public Ltd Sep preferred Ltd Laura Secord 48 preferred Jan 14% that regret :.i_10 ! Pipe Jan Mar 43 Jan 5%% British 52 41 Va 4 % % 80 100 __ preferred Dec 50 Aug _ $2 July :50 Dec 54 preferred Interprovincial 38 100 preferred 19 Apr preferred National preferred Feb 48 We this week's compilation Oct 48 • 10 NOTE: __50 Jan Jan • Co preferred 4 % % 5% Note common 44 22% Electric— Bank Feb 38% 23% Mar • 31% • common., 19% Mar 42% 50 Light A Pow^t Corp _: Cement £1 Brazilian Aug International Bronze Powders 6% pfd 25 International Nickel ol Canada__.___• International Paper new _____7.60 International Utilities Corp c 50 .____. Paper Dec 6% Inland 80 preferred 13% Apr Sep 11 Corp 5% 5.%% ; July 5% Jan 47% Mar • 11 % 20 57 issue. • B Bowater $4.50 High 37% 40% Feb Low Mar July..,1 1 27% July * 30 Range for Year 1960 30 preferred 20% 10 Telephone Bowater to without it. , Bathurst go $2.75 Shares High common_g Canada Warrants Dec Loeb Banque Provincial E^h Consequently, 18 15 Low 4.68% Acceptance 19 % Z-« mSS Banque lication. Ltd Selburn oi was not received in time for pub- "so we were forced to Corp Atlas Steels Exchange -50 preferred Asbestos "_50 NOTE: We regret that this week's compilation of the Montreal Stock Jun Jan for Week • of preferred Indus 24% July July 9% : Canadian Anglo High 41% 21 % -25 . Anglo - *— : Ltd 6% Low 35 % Mar L Steel Aluminium Range for Year I960 High Imperial Oil Ltd Imperial Tobacco Sales Range of Prices Par Shares common Week's Last Sale Price for Week of Frices Low Friday STOCKS Dollars Sales Range Sale Price Monday, January 23, 1S61 . (Range for Week Ended January 20) Exchange Expressed in Canadian . . We intend day's issue. to 11c Jun 12c July 34c, Jan 35c May 65c Jan 25c Jan 14% Dec 14% Dec 6%c Dec 24c Feb Volume 193 Number 6023 . . . The Commercial and Financial Chronicle CANADIAN MARKETS Friday STOCKS Last Week's Pa Low Uranium Calumet Mines Collieries Canadian & Low Ltd- Dredge & Dock NOTE: We regret that this week's compilation of the Canadian Stock Ltd Co Canadian Gen Investments Ltd Canadian Kodiak Canadian Power Nickel Canorama Ltd Exchange Ltd Inv Mines Ltd Oil Catelli Food we were press Products Ltd 6% Jan Giant 5c Jan Guxrnar Nov 11% A We i Sep go to to 15% Yellowknife Gold publish Feb A July 7% Jan Lakeland Dec 7c Jan Little 10c 70c July Loblaw Nov Louvicourt Nov ; 1.30 Oct 8c 1.40 23c 16c Oct 38 "A" class Power Sep Minnesota Oct Moore Feb Murray & Paper Cora Ltd Sep 9 %c Jan Dec 19c Jan Preston 11c Cleveland Apr Sep 5c Dec 12%c Jan Sherritt-Gordon 75c Mar 99c Dec Silver-Miller 28 July 30 Corp Standard Div Consolidated Preferred- —__1—__ Sec A 1.00 _ Traders Jan Union Gas Oct United Jun 45c Ltd 1 Nov 1.75 17 Leaseholds Ltd Jun 27% 14% Ltd Aug 19 80c __ Dominion Oilcloth & Linoleum Co Ltd Dec Mines Ltd May 2,.05 39 % Dec 5c Aug J.43 30c Nov 79c Aug 13c Nov 38c Dec 7c 30c Mar 70c 21c Dec 21c 2Vac Nov 9c 2V2C Oct 7c 8c Dec 30c Sep 61c Oct 6%c July 27 Jan Copper of Corp Canada Island Merrill 6C Ltd 6% Ltd Mining Corp New Dec Nov Sep, 5% Nov 19 Lid 2c Nocana — Ltd Mines American Northern Obalski Co Ltd com— ' Jan 10% , Jun 19c 9%c 91c Jan Jan 47 ; 16c 5.00 Dec Dec 23c 8.50 Ltd__ 11c Sep 55c 5c Oct 55c Oil Gold Ltd Co Power Premier Provo Quebec Lithium 7 Corporation Telephone Ltd Corp Warrants 5%*7<i Red Gold -—20 <fc Siscoe Corp 1 Dufault Standard Gold Sullivan Tache Metals 1 Ltd 1.30 4 %c Ltd Petroleum Tooke Trans-Canada Mines United Asbestos Corn Explorations Westeel July t"ik Aug Jan Gas 6: Packers Class Jun Dec 38c 12c 1.80 11 %c Jan Jan Jan Sep 13c Jan Jan Jan Feb 5c Jan Oct Dec Nov 51c 31 Dec Dec 18c Nov Dec 9% Jan Aug July 3c 5.00 May 2.40 Dec May 4%c 71c Jun Jan Mar 17 % May 6c Jan Chromium i Jan Jan a Co Ltd— Gas Co Zellerbach Mines __ Ltd— Jan $2.50 __ Atlantic Coast Fanny Farmer Candy Shops Inc_i._ Atlin Ford Motor Gateway Gfeco Co ;Oils Mines For of Canada Ltd Ltd—— footnotes, ._ — Ltd ._ .__ Gold Aumaque Gold see page 44. 12c Feb Dec 65c Jan 31c 7c Nickel 13% Jan 27c Jan 7%c Jun 35c Jan 25% Dec 38 7c Feb 1.02 Jan 26 % Mar 35% Jan 43 49% Nov 10c Jan 26 %c 89c Jan be 25c 1.05 class 14c Oct 11c Jan 19c Jan 2.21 May 5% 2.50 Paper Uran — A pfd . Dec 1.90 Nov Nov 55c Jan Eowater Bralorne 17c May 14c 3c July 6%c Jun Mar 51 Oct pfd 5%% pfd 1 ; * • Petroleums Traction common commoncommon--.,, 1 •' * * 1 Petroleum American 50 50 1 50 1 Pioneer G) . 1 Paper Tank Jan Dec 6c 1 Ltd Corp 5% preferred (T Jan 1.09 37c 7c 37 . Oil * Oct Mar 37% July 6c Nov 24c 4% Aug 4c Dec 18c Jan 20% Dec 24% Jan Jan 23 7% Dec 75c 42% Jan 48 50c Oct 43c 10c 4%c 42c 7c 1 Mines Bowaters Mersey Brltalta Dec 77% 1 25 50o . Uranium Sep Bright Aug Dec 66% July —1 class Hats Bralsaman 13%c , 60 * Mines Jan British Apr * Mines 44 % Dec 7%c Dec 47% Mar • A common Mines Ltd May 43c 1 Bldrop 4c class Cora Bicroft 19% Feb 1 Co Aug & 19c Jan Feb —• * Mines Bridge 1.25 1 Ltd Mines Nov 18% Aug 172% Jan Nov Apr 10 Cooper Corp Brazilian 19 21 * & Mining Sep Jun 16% Mar 10 Telephone Dec 8.00 Dec 16 :—* Belcher Dec July 4.70 1 Mines Mines Lumber 16 Apr 1 Beaver 50 Oct 9% 3.80 Mar 70c * 11% 3.25 Dec 50c Bros 5 % % Jan Jan Jan Jun —1 Power Bowater 28 July ;——_25 B Mines 2.10 5c 1 Duquesne Bordulac Dec 6c 25 Uranium Bay 60c 5%c July * B Petroleums Yukon Dec Aug 1 Exploration Mining Lodge Feb May 19% July * —— Beaver Jan Dec July 1 Products Beatty Jun 65c 1 Base Metals Class 52% Aug Dec 1 Mines Bathurst Jan Mar 6.50 ——• Consolidated Barymin Jan 12c 1 Nova Scotia— Barnat 9% 14 %c 40c Montreal of Jan Dec Jun 2.75 49 90c Oct Jan " 50 --1 Mines of 2.90 2.00 Mar — preferred Bouzan Dec Sep 2%c Mines Oil Bankfield Feb Nov 5c * preferred Bankeno 10c 5c 1 Mines Fabric 5 % %> Dec 33c 1 —1 — Bailey Selburn Oil & Gas class A Nov Oct Jan pfd_50 Paper . Electric Dec 15 % Mar & Mines 4.85 l%c Sep 26c 16c 1 Mines River 4.35 110 Oct 40% Mar 20e Copper Ruffner Aumacho 49 15% Mar Jan 23 47 1 Steels Biltmore Sep 337/» 19% May • Atlas Black 8.30 Mar 27 % July lc Arcadia Associated Dec 38% July ; Jan — —__—i 6.70 13 % common Corp Ltd Feb 3.20 1 Mines Oil Nov 36 % Mar Ltd 36c _50 preferred 49 % Nov Feb Nov 25 common 15 Sep 8% Feb 7 • Bibis Jan Feb Dec —— Gold Asamera 18 % Sep Jan 50c Pulp Dec 4.85 6.10 40% 1.35 : Mines 25 45 Jan Sep July 1 Corp Jun Jun 60 52 % Mar 30 iOo Mines Beattie Oct 13 %c Anthes Imperial class A Nickel warrants Beta 61c Jan Arcadia Baska Sep Jun 36c Nov Mines Bank Jan Dec 8.30 19% preferred Pete Canadian 5|% 28 % 107 Jun Jun 3.50 day's issue. Jan 9.45 July Jun 16% 100 * Mines 4.10 July Smelting Corp 2.25 publish 1.20 Aug 14% Controls Rouyn Bell 7.20 to Jan Nov 50c Dec Huronian July 43% July 35% Ltd Ltd & Paper Co 13% 44 A__—; Petroleums Oils Mining Consumers Crown class Westingnouse Rio 4.50 Mar Mines Ltd Sugar Ltd Devonian Consolidated Der.ison — * 18% July 11% Nov without it. 2.90 10c Develop Anglo Auto Dec 7%c Jan • 4% Anglo Auto 46 %c Oct Dec Petroleums Aunor Apr 1.50 13% common Nepheline Lead Banff 6% July Credit Anglo Arjon Apr 3.50 Minerals Leduc Analogue Argus Jan 78c 3%c Aug • Oil Anchor Area 21 34c Consequently, intend Sep Jun Sep 1.50 We 4.00 Sep 17% forced to go to the figures in next Mon¬ Apr 48c Feb Feb 16c 42c 2.40 re¬ 50 preferred Larder Mines Amalgamated Rare Earth Bevcon Ltd "A"_5 Co —. Central-Del Feb Aug 13 120 Oct Jan Nov STOCKS Line B Jan Dec 1 Dominion Canadian Jan —* Ltd- Canada Canadian Feb Dec 43c Chibougamau Dec 1 Jun 2c Ltd Ltd Trunk Co & Campbell Jin Jan Apr 1.23 Feb 6c Ltd Canada •Hi* Apr Feb 6:90 10 Sep 33% 4c Ltd UNLISTED . Burns r 3.70 July 75c Dec not Oct Jan 21 %c Oct 12c — Bldg Bethlehem l-'.rfj Alberta , Jan Nov •$ Jan Jan Co Mines Jan May 1.00 Ltd Products Products Westville 29 22 Oil 43c was Stoek 15% Amalgamated Bank 3.40 , Corp Mineral Westburne Jan Ltd Properties Mining 5c Nov 5% May Ltd Freezers Ltd Virginia Wendell ■■■ 6 10 Ltd Princinal Vanguard .__ 21 Dec 2c Canada Ventures 5c — preferred Fund. Trans ■;X:[ Ltd Corp Trebor Hniteri 4c - Corp Ltd Bros 114 15% Nov 5%c Aug Exploration Titan Apr Jun 4c Tazin Mines Ltd Tib Dec Jun Toronto 10 Ltd Jan 9% Mar pfd—100 Mines Ltd Lake Oct 19c Oct 8c —;— 6% Ltd Mines 8%c 38 Jun 5.30 Apr Dec 20% 11 %c Dec -10 common- — Co Ansil 15 Feb 5c Jan • Anacon - July 18 Jan Dec 6 Power Mines Cons : Jun Jun 88c Ltd Mines Canada Oct Oct 2.10 _. Stores class A Sobey's South 18% 40c —-— Ltd (1957) Ltd Southern 29 8c Columbian Save Mines 3.15 2c —1 Lawrence St Ltd Enterprises Ltd—.—J.—:I Warrants Shop Dec 11 Mines Mining Ruby Foo's 3.85 Mar lc : Crest 2.75 7c 5 common preferred Roberval 9% Aug Jan 1.90 ___ Oct 1.62 Quebec Smelting & Refining Ltd Quebec Aug 1.27 : Exploration & Development Oil Quebec Apr * Gas Roxana Amurex Dec 44 39 Oils Steel American Mar 12c Cons Central American May 5c Jan 1st pfd_5 Ltd Producers Cobalt 62c May 5c Ltd_ Mills Steel Gas Quebec Apr 3c ;_ Co Mines Prime 60c — : Ltd Ltd Corp of Canada 4%% Mining fi 100 4 % % Jan Pitt '' > Natural Feb Corp Trunk preferred Aluminium Jan Mines Jan 25 % warrants Aluminum ' 40c 41% ♦ Pacific Allied Jan Mining A were press _; Gas A the * trust Algonquin Jan 6c regret that we Gold common Alminex Feb 60c We lication. * Yellowknife Preferred Oct Dec Dec NOTE: High Dec Mar 19% Aug 9 % Mar this week's compilation 1 & Oil Warrants Mar 5 %c 1 Low 8c 35 1 Algoma Jan 26 Mines— Distillers Algoma Jan 90c * Sugar common Explorations Alta Jan Dec Range for Year 1960 " . Jan Jun Shares High ceived in time for pub¬ Alberta Feb 6c Pennbec Phillips Jan for Week of Prices Low Exchange Class Jan 6c Paudash Porcupine Jan 1.87 Dollars 1 Class Jan 52 Dec 44 Lld_ 16% Jun Sales 1 Alberta Feb Jun W«ek's Range • ♦ Voting Nov 29c 90 — Sep Exchange Expressed In Canadian 25 Warrants Feb 16c July 25 5 Ltd Explorers Ltd Opemiska Copper Mines (Quebec) .* Are of Alberta Jan 1.12 , 4c Ltd (1945) 32c , 9c — Opemisca Jan 90c * Alba Jan 23 July 3c Ltd Metals Quebec Power Oils Okalta Jan Jan 1 common A Akaitcho Oct 1.13 25c _—: Rare 1st preferred Sep Sep 12 Agnew Surpass Shoe Agnico Mines Ltd Feb 30% Jan 43 North Jan 39 Advocate Mines Ltd Jan Dec 4C Light & Pwr Co Ltd 1 Uranium Mines Ltd_ Nfew Santiago Mines Ltd————50 New West Amulet Mines Ltd Jan Feb Lait Paper Uranium Acme Gas 13% July Mar 50c, Lake Jack New J Class Aug 32c Sep 6c Mines Formaque Newfoundland 58c & Acadia Jan 27% July 11 loc Ltd Minerals Jun 45c Ltd Jan May 7% July 12'% Apr Shown Ltd Power Acadia Atlantic Jan 6c . 23% May 21 pfd.— 1 MicJ-Chibougamau Mines Ltd Molybdenite Corp of Canada Ltd Mount Royal Dairies Ltd—£ Mount Royal Rice Mills Ltd Native Jun 7c Distilleries 13% 27c May * Ltd Preferred Sep 97c Oct 2c — 14 % Apr 55c Ltd Mines Mclntyre-Porcupine Melchers 17 12 Ltd Mines Massval Ltd A_: (Walter M) Ltd Lowney Co Co class 3%c Cobalt Mng Co Ltd— Mining Co Ltd Langis Silver & Lithium Ltd Explor & Mines Mines Abitibi Jan Mining Ltd Oct 26c $ * Canada Ltd Abacus May Ceramic Ltd Inc Dec 32% Sale Price Aug 31c Lingside ' of Oils . A Par Explorations Ltd Mining r Jan 397/8 Friday Jan Alfred 28c Sep Feb STOCKS Jan Corp Copper Mining Lambert 3.25 Dec ; . Dec Mar 32% Toronto Stock Dec Corporation & Metals Ltd_ Labrador 4.40 76c Jun 28c "6.00 . • Pipe Line Co Prices May Zinc Dec Nov 2.60 . ' : i: 40 Oil Jan Haitian '-V*. :. Jan 2c & v'i •■ • A 5%. preferred Jan Lead "' * Jan 75c Kontiki * 8% Aug Jan July July Nov Gui-Por Uranium Mines ^ class Jan l%c 45c Mines Sep Oct Jan Fatima >h Corp Dec 86c Mining Co Ltd Mfg Ltd __: Futurity Oils Ltd Gaspe Oil Ventures Ltd_ Golden Age Mines Ltd Finance Ltd— Aug Mar 28 40 Fleet Iso 32% ; 1.72 May Dec 1.45 Mining & Exploration Inc__ Jaye Nov Jan 19 % Ltd Faraday Uranium Mines Ltd International ' \ 1 Oct Mountain Mining 20% 6% 1 1.30 Trans Goldfields Aug 45c 1 Jan Dominion 10 Ltd Ltd_ Mines Nov Nickel Dec 9c r A 4.40 1 1 Silver 1.76 Falconbridge '' 95c Torbitt 1.39 Mines 30 27% /• ' 49 Steep Rock Iron Mines Ltd Dec Sullivan Apr 19% Oct i 35 % Mar Feb July Engineering .Works Fano May 81c Dominion East Nov 4c \ 44c 3.45 Dec 40c _ Mines Dome Oct * Mines Mines 63c Ltd 2.10 1.25 Ltd— Vauze Mines Ltd Dalfen's Ltd Lines Rand Chib Mines Ltd Petroleum Corp Ltd Copper Crusade Sep Oct Apr " —— Consolidated New Pacific Ltd Consolidated 2.40 1 Radiore Uranium Mines Ltd Copper Apr Sep 23% '* '' 5 , 7c Pipe 7% 22% 2.20 A-2.50 Co July Sep 1.70 1 class Paper 9 July * Mining Mines Dec Jun '■ ' * A Corp Ltd Pembina Jan 2.60 5% * Corp Ontario & 13% 9 1 MacLaren Jan Aug 10% 1 Companies Ltd class Goldfield 29'% 2.05 Aug 1 Ltd Gas Jan Oct 10 * Ltd Mines Long Lac Gold Mines Ltd .41 >•:, - Nov 3c Natural 3.20 Jan 1.52 Nov Ltd Gold Oct 10*/2 8.75 , _* Jan 13% Aug Douglas 14% Sep 19 2.50 preferred Kelly Kerr-Addison 4c ■ High Jun 6.50 5 Bay Oil & Gas Ltd Club Ltd Jun 9.10 1 Ltd Mines Chipman Lake Mines Ltd day's issue. Low 1 Hudson's Jockey Jan l%c Ltd Mines Ltd Mines 1.35 107/a Mar the figures in next Mon¬ Feb Mar 33 Jun 5 without it. intend 78c 28% July 10 %c class Minerals Ltd Chess Mining Corp— Cliibougamau Copper Corp Chemalloy 11% Jan 75c 65c Consequently, forced to Range Since Jan. 1 High ■ 21% Oct re¬ Ltd~__-—— Gas & not „ Ltd Ltd Corp Asbestos C&stle lication. Ltd Co Explorations Quebec was ceived in time for pub¬ Ltd Royalty Cantexas Cassiar Paper Explorations Canalask Cartier Refineries & Shares of Prices Par Hollinger Consol Gold Preferred Canadian Sales for Week Range Sale Price High Nov 2%c — 41 ' 13% Resources Common Range for Year 1960 High Ltd Last STOCKS Shares Calgary & Edmonton Corp Ltd Week's Friday for Week of Prices - (Range for Week Ended January 20) Sales Range Sale Price (413) 12 4%c 92c Jan Sep Dec Feb May 19c Feb Dec 15 %c Jan Nov 67c Jan 31c Mar 14 May 27 %c Oct Sep Jan Jan 1 3c July 8c Nov 33c May 65c Jan 41 Mar 48% 45 Mar 52 7 45 Nov 35% July 1.90 May 24% Aue Nov 6.90 75c Aug Dec Jan 5% 3 50 Mav 5% Sep Jan 57 Jan 4.55 May 35c Sep 10% Dec . Jun 7% Jun 49% Mar 2.65 Mar 35% Jan f'. 4. The Commercial and Financial Chronicle (414) 42 CANADIAN MARKETS •t 4 Friday Last STOCKS Range Sale Price of Prices Par British 4% Columbia preferred __100 69 37 preferred' 50 preferred 50 4%% preferred iOo 5% preferred 5%% preferred British Columbia British 50 50 Forest Columbia Class Prod nets.. Packers class * I wfi British Columbia IflJ Brown I'll »•#.' Buffalo elf Building class B—. * <» j Ltd • class Cable • * Dock Mines Calalta HI I* class Oils 1 • • preferred 100 & Oils • * U Camerina Petroleum t- Campbell Chibougamau Campbell Red 1 ,_1 Lake Cement an Canada Iron Foils 4(4% i|>V Canada 'iij <> class class Southern Steamship Canadian "*\ f I A B class A Petroleum • common 3 class 20c 16 62c Jun 2.60 3.10 May Dominion Nov • 1 • 3.70 12 (4 July 6 32c 4.50 Dec Oct Oct 7.00 16c Oct 43c 19 Aue 24% 90 Mar 100% 138 Dec 25 . IIIlO preferred ~ • I 1 Hi II* 144 26(4 Jan 32 Aug 41 8.00 July 3 (4c Jun Dec 12% Mar . Hi* A__I « * Natural Gas • com 20 I_IIl20 __I—6c IIII 1 Exploration Mines Gold 1 IIH_I* Ltd _II_1 I • Quartz Asbestos Corp Ltd Cayzor I Athabaska Central Del Rio Pat Porcupine Oil ~T Match t 1 IIHIIIIIl Copper 6c-~~*Jan Sol Mining . & Smelting" __ Life Eureka '•ckshutt, Lake Farm Gold Mining Federal Grain Fittings Equipment- Combined ' _ Frosst Jan _ 13% 49c 82c Key Mines— Consolidated Bakeries Bellekeno Callinan Consolidated Discovery (Charles) Gaitwin class Gatineau Mar 5% 6.70 Sep G,eco Dec 1.40 Jan General Mines Aug Oct General 1.29 Jan General Jan General 67c Mar General Steel Dec July 17 May 12% 58 3.95 .20 Genex * Mines J Mines Mascot Apr Giant Scientific Oct 25% Jan Glacier Apr 19(4 Sep Glenn Feb 4.90 Feb 7% Nov 11 Jan Goldale Dec 42c ,Jan Goldfields Dec 2.65 Jan Sep 13% Jan Globe * Flin .• 1 „ Goodyear 4% Dec Gordon 26c Jan Grandroy 9 Mar Granduc 2.95 Dec: Dec Jun 8c 10%c 12c 3.95 Tire Great Feb Great Lakes Jan Nov • Lakes Preferred i footnotes, see page 44. 25c 9%c Jan 12 Jan • Mar- Jan 65 Nov ' Dec '55 May ■« Mar 33C Feb 39 % 22% July 19% Dec 1 Mar " Mhr ,• Jan Jun 12% July Sep 88% Jan Nov 173% Jan Oct "4c' Jun 12 - -. 9 (4c Jan Jan 21% Dec 24% Jan 3.30 Dec 6.25 Jan 6 (4 c Nov 2.10 Jan 13% Apr 15% Sep •3.40 Dec 6% Jan 'IC Feb ' >"'-4 (4c Mar 32 Feb 38 92 Mar 104 15 Mar 6% Sep Jun 19% Dec Feb Aug 9 10% Dec ■22 33% Sep 50% Jan 39% Dec 58% Jun Jan Jan 56c July 1.25 50c % July Sep 31% Feb Nov 16(4 Jan 25: • 7 8c Jun 17c 1.25 Apr 50c Feb 15c 21c 1.10 32c Jun 14% July 3(4c -10% Sep Sep Jan Nov Oct 37c Jan 5c Dec Jan Dec 11% Oct 22%c Dec Oct^ 40c Jan 15c w ' Oct 10 (4c 17c 1 Jun 30c ■ .1 ■ 120 --- ;.-"■ --- - July ... .... -- - .... Dec I- v: • 35 ;:19 "- Mar Warrants — 5.10 7% Aug' Jun Apr 17%c Jan — 1.40 Jan 44% May 26 _ 19., Mar Feb • Jan' 44% Nov 8%C 1.00-Mar ——...25 180 42% Mar 6 Paper Apr 80c 8% ♦ Power common:- Oct 8 July • 95 A____ 1 Jan 50 Apr ■9% 50 - Jan 85c Mar 59 1 » Dec Jan 13c Sep ^ 40c 1 • 1.45 Jun 7.50 common Dec Aug 4.65 Dec 27c - For Jan Jun bC __i i—_H Jun Apr 1.54 Nov 2.59 .:_* Muies Jan May 68% 62'% 15 1 «... Mines 50 Jan Aug Jan 17% * ; class 39 (4 Jun 53 Ltd class; A Canada Mackay 2.07 : Jan Jan 8% 55 I ... preferred 1.78 4c:; 10c ;? Hi ^ Mining 10c May 15c — Dec 5c 89c 1 Mines Goldray 72c •1,3 %c Jan 1.53 Apr ' 50% Mar _l__ I Mines, Mines 65c Dec Prospecting Envelopes Feb Nov ; Explorers Mar 7 Jan 8c Jun 51 * common Mine.. Uranium 44c 3c 22C Nov 1,40 May 50c A | Yellowknife 1.65 Apr :3Qf * July 26 V2 Feb 1% com class Ltd Giant 11% Jan July 50c Geo 3.74 12 %c May Drilling Wares Oct 12c 19c Feb 1.33 l Mfg Dec 11c 13% Nov _i — Feb Jun Mar 4 %C _.i 1. Petroleum Class A ' 10% 4C • ; July General Nov Feb 8c i Development 40c 2.73 Jan 96c l Motors 39% 16% 5c * Dynamics 5 (4c 5.20 Mar Dec (4 July 11 ___* . Products * Zs. A Ltd July 2.90 Mar 15% 68 % 8% • Bakeries July Sept July Dec Mar 12 ^100 2c 43(4c 45 41 10 common 70c 17c Jan Jan 10% • > ; .... Power Jan 8 40% Mar —20c preferred July 5.45 52 Apr ' • it Mining 43c Gamma Consolidated Nov Dec 6% Mar General * : Fruehauf Trailer Co * Con Beta Feb Jan 2.50 Mines Consolidated 16 %c Jan ___1 Mines Consolidated Dec 13% Aug 9 % Jan Feb Oct 38% July ..5 Ltd.. 8%c Oct Jan I 6 Petroleum preferred Frobisher Ltd ronunon... 15c • National Coniaurum Mines Feb 4.00 21 Aug •-= 5 0 Companies 80c IIII HI* IHIIII* Petroleum Francoeur 1.25 13c Apr 9% • Oct 10% Mar . 1 ... : 31c Jan Oct 9.00 39 Co Fraser 1.13 ■■-i-v A——.—— Canada Dec -H—I__l Metals Commonwealth of Foundation Dec 27% If? J 1 (US) Dec I Combined Enterprises Ford Co Jan Nov 32% . 6.00 July common Motor 1.04 3.70 Jan 16%: Jun 1 Manufacturing Corp Ford Dec Nov 27(4 May ^ class Feb Jan 10% 27% Mar- 25c Fatinia Jan 55c Jun 2.20 9.> 14 (4 C Sep 40c >.V• 10 French May Apr 25 1 Jan 80c 29c .1 — Mines. Aug 1.47 Jan Feb 8.55 ___* Ltd 16% 11c Jan 14c 62c Uranium 21 Dec 33c Jun 8%C July I* %HH Mining Feb Dec 20c Dec 1 Faraday Feb 5c Dec 27c _20 Ltd. 104(4 May 7%c Jan Dec 19c 4>':; ; 18(4 48c Nov 1 Trust.. ■ May 25 Mines Sep Jan 10 ... A 13% common Celluiose 17% 9% f Insurance. 8c II_I__IH 1 I HI* Willans Dunlop 14% July Aug Oct 1 Fleetwood 43 Apr * Fleet 37% July 19% I Sep Mar Sep Sep eaicunpridge NicKei ^ Famous Players Canadian. Dec Mar 13c Fanny 38 Jan Apr 8c j Farwest Dec 5c 16c • Candy Dec 53% July ' July July 34 6%c 1 Farmer 7c 7c Nov Feb 3c 1 Corp Fargo Oils Oct Jan 99 ; 1 j 22c * Lto__ Developments 41c "Hill __ _ '"ochenour & 17 Dec 15% * Mines 38% 28 Sep 39 v _j Mining Dec 27 Jan lc • ; Ltd Nov 16% Oct Sep 1.50 25 * 1 _ Smelt Z- Co Mines Feb 6.75 19c 11 • common _H 2.00 Sep Aug. 69c 50 Mineral 1 Mining Mining & Mines pfd common class Jan 3.40 Mar • , Gold Paper Feb Sep 12c common.. * . 12% 69c Nov 1.75 Jan 42c Jun Mar 17c _* Investment 34 12% July 10% 25c • 8c ~ ~ Mines Gold 1 IIIIH Mines Kayrand • IIIIIHIIII Gold Chesterville * ~ _ Steel Mines Empire Apr 13% common Equitable Life Insurance , Jan Oct Jan • common Sullivan Emco Dec Dec 18 " Mines Eld rich El July 7(4 Sep • Malartic Feb 20% Jan 15% 2.50 Petroleum Amphi Elder Sep Jan ^4 Co & Jan 1.80 % . Coal Copper t4c Dec 1.80 Oils Jan Apr July 13% _i V , Mines 7% 34c Dec Dec • Common Jau 27c July Dec 25o : common Eddy Feb July 8c Oils Industries Sep Dec 4.30 Jun 6c ——II Inv 106 106% Feb Mar 15% l Textile Eddy Aug Dec 4.40 Dec 80c —__1 Chemical Economic Jun 9 Jan 5 % 1 ' Steel East Dec 68c Mines Tar East Apr 17 Apr Sep 3.35 12c 1 Stores Duvan Jan 57c 9 (4 c 16% 3.00 1 Dominion Jan Dec Apr Dec 5 Mines Dominion East 45c 4c 100 Scottish J 2.48 common Dominion Apr 4.65 I* Railway Ltd & : 11% Mar 10 Foundrv Dynamic Nov Jan 1 Dominion Jan Nov 4.75 Aug Nov 11c 5 Magnesium Dominion Duvex 7 (4 Jun lc Mines Dominion Dec 90c Jan 5c day's issue. Ii Electrdhome Dec 3.95 10c Warrants 37 40c Aug * common Dairies 45% 4.95 4c * Bridge Dec Dec Feb in next Mon¬ I* Dominion Dec 4.50 32c 50c Mines 33 Hoo Western olumbia '(f, 1.43 4.85 Sep Mar 12(4 Mines Chrysler ;» Feb July May i Petroleum Jan Jan I_Il Vickers Cochrane "IV, 2.20 22c to * Dominion Sep 1.34 liy8 Jan preferred Coniagas 2.40 Jun« 1.05 B Conduits Oct Dec Apr publish intend * Dominion 7% July Nov We 1 Mines—— 33 Chromium #> 6(4 m Chibougamau h 70c Feb 8.55 HH _ P>*f, 28 Jan 54c 10 Dome . Jan 6c Sep 50 Dome Dec Nov 22c Dec 99 Ltd Palmer Jan 2.80 •, Distillers: Seagrams.: Dec July HI common Corp Coin Devon r- Dec * Mines Dickenson Jan 25% I—100 Thorium Cheskirk vtf. 14% 33 Aug 2.50 Oil_. Chimo Feb 60c common Charter ;j 12 18(4 Mar Aug • Canadian Wallpaper Mfrs class • Jan Dec 16 %c 1 Inca Central t 16 8(4 Jan 26c Dec 99 " Zinc Gold Denison 10c Gas Petrofina Cariboo J Delnite 50 5%% preferred Canadian Williston ; Dec ' Dec 20c Gold Pacific Chib Deldona 59 % Feb 23c • Copper Horn 44% 25c * New y'U' Deer 1.24 Aug Dec 2 (4 c * Timber 3.20 21% Jan. 11c without it. ' Feb 8c Aug 11c 99c f 1 46% Mar Mar press Consequently, forced to go to 100 Daering Explorers Daragon Mines Decoursey Brewis Minerals Donalda preferred Canadian Superior 1. 4c , Aug Dover Canadian Tire Corp class A . Jan 12(4 Aug 2.20 were l 31 11 III™ Canadian I 45 (4 Sep we Oct May • International Jan preferred Central Oct Feb HH Canadian "i 1.30 May 100 < Class A preferred Mines Feb 10% May lication. 1.00 Mar 69c * Nest Jan common preferred Cassiar 5.25 July 17 * Cusco Dec H Mines ,_1 Mines Crows 7% Oil Canadian •i 39 Jun Jan ,:8/c 1.50 re¬ • Crush 10% Electric Industries Erin Mines Petroleum Zellerbach 8% Mar j Captain 1 Pershing 574 July Canadian Salt °an 2.50 72c Mar 50c ceived in time for pub¬ the figures Trust A_50c Crest Malartic Candore 2.50 Publishing^ Crown Sep 90c • 4% Mines — L> Oct 26c 1 Crowpat Minerals Jan 50 not was Jan 37c Stock Toronto Warrants 45 Industrial Canadian * Mines— common Crown Jan 39c Dec 42(4 May the I Mines preferred (R Croinor Dec 1.35 85c * Class 67% Dec Oct • Hydrocarbon Canadian Mines Preferred Jan Oct _ North ] Exnloration Crestbrook 23 % Mar 82 70c Oii_IIIHl6% Products Canadian Oil Cos. A Dec 1 Morse Canadian Northwest 4 Aug • Canadian Marconi Co t;i(i Crain Jun 70c Canadian Locomotive :l 21 • I Petroleum General Canadian Exchange 'J Quebec Gold Lead * Canadian »■;*{ Oct 17% 27% July 33% Jsa Aug 70(4 5 Wright Husky • • Craig Bit Craigmont Mines 7.20 Aug 4.30 Mar regret that of Lid: B Coulee We this week's compilation Exploration^^ 1 Northland Clark NOTE: 1 1 Jan H25 Fairbanks High Nov — Negus —- B Cowichan Dec 1 Food 52c Cosmos Imperial Dec Canadian lil 1.35 Dec 12% Dec Nov Mar 63c Jan • B Canadian 1 102 75c • common Warrants 8% 25 Feb Dec 1.20 1.70 Warrants 5% 94(4 Jan Canadian Dredge Dock Canadian Dyno Mines Canadian Export Gas & Canadian m A Class Jan Chieftain Canadian H Feb 16(4 29c 7.05 preferred Jan Copper Rand Chiboug ICorby Distillery class A Dec 6.60 Canadian Homestead rib 23 % 13% May Nov: Curtis 26c Smelting Nicholson Copper-Man Jan Oct Collieries Canadian m Copp Jan 57c 58 Warrants Canadian Class Class Jan ' 16c Nov .50 Chemical Canadian all! 20c May Nov 2.00 preferred Canadian Gas Energy I'll 8c 7 (4c 19c Jun • com preferred Canadian Mar 1 Oils & Sannorm Conwest Apr Jun • 2nd IH l)TI 7 Jan 2.00 Celanese 1st 5(4 7c ' Mac West Jan Nov warrants Canadian Canadian W 17% 16% May i Morrison Gas consumers 12(4c Sep Oct Nov warrants Canadian W; Aug Nov 1 Aluminum Canners Class 5c 14(4 ic j Consolidated Jun 11 Feb 1 Arrow Consolidated Aug • 41(4 20 common . M 6 47(4 L—1.25 Commerce Canadian Devonian ft, afi: «*!.• 35 Feb 45(4 Mar * common Minerals' of British Canadian if/.; Jan 5 75c 1 Preferred m Apr 29 y2 32c Consolidated Red Poplar— Consolidated Regcourt Mines—: Mar 2.26 Aug 1 Breweries Canadian $ Lines Canadian $1% 8c Dec 3c Petroleum Astoria Canadian t Oct 45c Mosher Consolidated Feb 1.20 July warrants H. Canadian Bank Canadian Class 3.00 Mar 5.30 19 * Tungsten Class Sep Oct 10 Oils Preferred it!i: - A Permanent Southern Canada it.,, •*', 2.00 2.60 . • Canada ! Consolidated • Canaaa !l»!i Consolidated 3c tjir <uV i Jan Jun • B I}* if'1 Consolidated 52c. 16% Oct 24 10 common common Packers oW wonsoiidated Jan * ; Lands Canada "Vv. Consolidated Dec ,93A May 100 Canada '()>*( Jan 11% Nov Nov Lake_____ Mining Mogul Consolidated 47(4 22% Warrants Canada Class *j>- A Foundries Malting Oil Consolidated High Low % 12c Mines Consolidated Mie July July Range for Year 1960 Shares High _7 Mines Marcus Gold Ltd 37(4 • preferred Canada '!1\' Jan 15 15 (4 Low 12 %c Halliwell Marbenor Dec 9(4 20 Canada Consolidated Consol Consolidated Feb 42 5c day's issue. Oct Dec 14(4 Sep Jun 18c the figures in next Mon¬ Golden 30% July without it. publish Consolidated 93 May 1 common Preferred <ln m 93/4 14 14 Consequently, to Sep 52% Aug re¬ forced to go to intend Gillies 52 Mar 9% Mar We Consolidated 42% Mar 1 25c Calgary & Edmonton Calgary Power common Gas press Sep for Week 1 . Coppercorp Ltd Mines Canada not Fenimore 47 II_„.II» A Petroleum Calvert was Consolidated 45% Mar Sep 45% Mar 80 , Stock * : Dry Cadamet 5 r/o !!}' 1 A ; Burrard Toronto l 1 Extension Burlington {'i»' Smelting 1 Burns 'A. 1 Gold Hill were 19 1 Products Bullochs w preferred Ankerite Bunker the 1 Mining Buffadison % we Mines Mills Brunswick "'ft of lication. Telephone Chemicals Reef •t'f this week's compilation Oil Sales j of Prices Par Dragon 78% Mar 37 that • Company Bruck regret ceived in time for pub¬ Columbia Power :4 We * British Broulan NOTE: Exchange A B Brockville High Mar Monday, January 23, 1961 Range Sale Price Consolidated 4 % % ,4l: Low High . Week's Last Range for Year 1960 Electric— 4%% 1.«) Low Friday STOCKS Shares . (Range for Week Ended January 20) Sales Week's for Week . ; 25 7.25 Nov Oct Jan Volume Number 193 6023 The Commercial and Financial Chronicle (415) CANADIAN MARKETS Friday STOCKS Week's Range Northern Gas Great for Week Last of Prices Low Friday STOCKS Shares High Low common 5 57c preferred Class B Great Plains Great Vyest Class NOTE: Develop Saddlery Exchange Winnipeg Gas Greater Voting warrants ' 1956 lication. . Lines Trust Guaranty we Rights — Gwillim Lake —. Farms Hard Rock (Geo Hees Hendershot Home Hugh Consolidated 1 Sep 10% Feb Marigold Dec 10c Jan Maritime 12% Dec Martin-McNeely Mines Massey-Ferguson Ltd common 15% Jan Mar Jun Feb 15 Vac Mar 12c Jan oifs8 Corp Maxwell Maybrun Sep 8c Apr Jan Oct 1.93 McKenzie Dec 103 McMarmac Dec Red Dec 55 Jun McWatters Gold Mines Medallion Petroleums Jan 10 Oct Mentor 19 Merrill 29% Jan Jun 12% Jan Midcon 6.90 Jun 11% Jan Midrim 3.00 Nov Jan Midwest Industries Jan Mill 20c 1 Milton 51% Jan Mindamar Dec 10 14% Apr 12c Mar 11% Mar May 48 1 Mar 65 Dec 24c 20 May 42c Feb Ore Bank Imperial 10 52 * 30 Glaze Flo 66 % Mar Dec Sep $1.40 preferred 25 20% Feb 24% Nov Mt $1.25 20 19% Dec 20% Sep Multi preference Imperial 8>/4 Assurance Apr 30 Mar 37% Jun Imperial Tobacco of Canada ordinary_5 6% preferred $2% 11 % class B A Corp Ltd preferred 100 Dec Nama Aug Dec National Drug & Preferred 47 % Oct National Co & Inland Cement Inland Natural Co 4.00 July • preferred Gas 3.60 1 common Preferred — 90c — Inspiration Jun 13% Mar 20 Warrants Dec 15 10 Jun 25c 1 July 21 Oct Credits Class Irish Iron Iroquois Iso Jan New Calumet New Concord Dec New Continental 2.45 Jun 9% 1.25 62 3.95 Apr 23 " May 38 56c Dec 1 1.45 1 preferred New ;New Sep Nov Mines Joburke Jockey Club Class Ltd Warrants Jowsey 23c Jun * 1.95 Warrants Kelvinator Kenville Kilembe !i Canada of Gold Copper Kirkland Newnorth — Ltd Mining Gold Lafarge Mines 3VaC Dec 8c Sep 1 4 Vac Jun 12c Jan 1 3c May 6c Jan 12c May * 9 Aug 1 26o Jun 72c Nickel Rim 1 23c Dec 75c 70c Aug 4c Jun Jan Jan Nipissing Mines Mining Class Exploration & Cement 10 common 10 A Lake La Mines 1 Norlartic Mines Jan Normetal Mining Corp Apr 7c Jan Apr 20c Jan Jun 48% Jan Mines • Apr Northcal 3.95 Jan North Oils 43c Jan Sep Landa Gold Ltd Laura Secord Leitch Levy Gold Loblaw Class Groceterias B Quebec 1st class A 9% Feb 1.01 Jan Northland Oils 1.01 Jan Northland Jan Northwestern Oct Norvalle Nova Oct Nu.dulama 2.75 Aug 4.20 2.95 Jan 4.75 Jan 1.00 Aug 12 2.20 Jan Jan Ocean 1.40 July Jan 1.32 4c Jan Aug 20 July 2c Apr 1.60 Jun 25% Jan 26% Mar 22% Feb 16 Oka Dec Okalta 1.65 Dec Jan Ontario 22 4c 2.25 31 Dec Steel 2.10 Nov 20c 7c Dec 1.50 Aug 20c 2 15 Va Jan 19 100 pfd 70 May 81 Oshawa Jan Osisko Oct Overland Lorado 1 19%c Jan Jan % July ■ A\}g Feb 1 7c 22c 65c Oct 10c July Nov 19c Jan Pamour Feb 15c Jan Paramaque • 6c - 10c Jan Feb 16c Feb Jun 61c Aug 36c 1.00 Jan Sep July 10 % May Jan 25% Mar 29 18% Oct 24 5.00 Dec 8.60 Jan 80c Jan 1.78 Dec 4c Aug 9VaC Jan 1 20c Oct 37c 10 6% • preferred 25c 1 ... * Feb Oct 8% May • Nov• 52 1 7.80 I Jun 5.25 Nov Warrants Page Hershey Tubes— • 20 4 % July 25c Mines Jan 13 1 Mines Porcupine Feb 80c July 9% Mar Jan 1 common Pamoil Ltd 7c Dec 1.05 17c 75c common Debenture Petroleums 7%c Jan —I footnotes, see page 40. & Nickel 3%c Jun Jun 9% Jun 15Vac Jun 9c Express l%cMar Warrants 50c July 1 Wholesale Lake Pacific 9% 4c * Ormsby Mines Dec Nov Jan Jan Gold 32 % 9.00 Dec Mines 49 Mar Nov 10c 1 Mines 6C 21c * * ; 1 40 Apr I. Jun * Orenada 67c For Oct Dec Jun 1 Products Orchan Oct Mines Aug 5.75 Copper 31% Aug 30 % Dec 37c Gold Jan 26 Va 2 Loan Opemlska Pacific Yellowknife Jan 48 Va 90c Ontario Jan Lynx 81c 16% — Beauty Supply Ontario 18c Mines 1.25 Jun July Malartic Jan Dec __— Oct Mar 3.10 Aug Oils 22% Mar 5.00 Mar Mines 20c 24% May Metals Nov .Sep 5c Goldfield 35c 41 __.... Jan 11 Preferred * 1 Lyndhurst Gold Oleary 9c Long Island Petroleums Long Point Gas Uranium Nov 1 Mines Rare 6 Louvicourt 43c 1 Cement 50 Ltd Nov • Mines O'Brien 1.00 Jan 26c warrants (M) 17C * Obaska Lake Mines * Loeb Feb 1.30 Gas Beaucage Dec 44c 1 5.00 -* A 59c Jan * B Jun common Ltd Utilities Jan Dec Mar •1.00 Utilities 2.80 1.04 Jan 26c 75c Dec 2.95 * Natural Power Dec Jan 74c Warrants Oct 30 preferred 1.43 50 Telephone 13c -1 Preferred Class Ontario Northern Northern 23c —* 1st pfd—30 Loblaw Cos class A Class Northern Jan Apr Dec .—20 Mines Long Lac Gold Feb 1 Ltd Mines 8 Feb —1 preferred 13c 26c preferred Canada 6c 3 * Mines Industries Lexindin Little Candy Shops Gold Jan 4VaC Nov 1 Oil Jun 50c Gold 12c • Mines Nov l American 13c 1 Exploration Rankin 3.30 July 10c Latin 3.70 Sep Northspan Uran Mines "A" warrants.. 10c Jan Dec Dec 25c common * 35c 1.80 Jan Jun Nov 6c - Star 7c 26c 4c 2.50 • Oils Goldcrest North , 1 Coldstream * Mines Silver Lencourt Nov Dec Aug • Warrants * — Oil Langis 5% 31% 27% May 1.10 Jun 3c 19c 1 Mining Canadian North 33c 1 1 Mines 7% 42c Jan Jan Jan lie Norpax Nickel Norsyncomaque 10 %c May 1.46 36 Jun North Sep • Gold 2.09 3.80 Mar 12 1 1 Mines Mines Lamaque July _ 18Vac Oct Mines Acme 1 1 Gold Mines Osu Shore Luz 1 1 Gas Lingman Lake Lake Mines Dufault Lakeland Jun 6 B Mines 25c Warrants Lake Apr 17 .> * class Norgold Jan Jan 1 Norbeau 10% 1.27 July Rouyn Wire Northgate 24 * • Ltd (John) Labrador Smelting Merger Northern Labatt & Mining & Smelting Taku North Dec 7c • 9%c Jan Nov Nickel Jan Jun 3c Niagara Apr July Jan 1 ... New 9%c 6c Jan 1.14 Jan 22% 10c Jan 19c Jan Oct 17c 1 19c Jun Apr Jun * Townsite Developments Dec 6c 38Vac Oct Jan Sep 1 Minerals Kirkland 3 VaC 1 Jan 25c 1.55 Mar Apr Jun 5% 1 common Mar 17c 26c 3c 1 19c Dec Mylamaque Mining & Smelt Ltd.l 10% * —1 Mines. Gold Jan Dec 8c Dec 43c Dec 35c 7c Jan Dec 1.18 May 5 Nov 18c 1 45c Jun 13c Sep • 50c 1 17c 23%c Canada Noranda 39c 15c ol Apr Nor Aug * Petroleum Oil Feb 8c Nisto Mines May Feb 43c July Dec 8c 19 %c Jun Jan 4c Dec 20c 1 Ltd Co 5c 26c * Dec 9% * Kelly Douglas class A Kerr-Addison 2.75 10 1 Mines Pound Oils Jupiter Aug Mines Mining Jumping 8 <• Quebec Jonsinith Feb 8% Aug 1 Jan 40 VaC July Sep New Dec 1.95 21c Dec 9c Mar Nov * 7Vac Jan 14c 11c 10 65 42c 68c common 49 May 3%c Dec 3%c July 25c 1 preferred 19% May Nov Rouyn 10 B 2.60 Mar Dec .1 Mines Senator Preferred Sep Dec 9% Dec New 16c 5% " 1.25 May New 14c 1.50 Aug 10c Jan 7%c May Jan Jun 19c May 1 10c 3c - 1 67c Mines. Gold Jan Jan 1 62c 7% Gold Develop. Mines Sep 1.40 Jan 16% 16% 1 Mines Oct 28c 20%c Feb Manitoba Apr Oct Dec I Mines Kelore 49 Va July Nov 13 1 New Oct Dec 13% Aug 1 New Jason 1.00 17% Mar 59 Vb Newlund Jan 6c Dec New 3.70 1 Aug 5c Karricana 30c (1939) 55c Jan Jan 14% 4% July Nov Nov Sep 1 Jan 42% V2 July 35 Va Mar • Hosco Mines 22c Lake 26 11 • Petroleum 1—20c Mining B Mines Goldvue New Jan Dec 11 10 1.75 Jan Nov class Mines 35c Jellicoe Kopan Delhi 43 Explorations Jefferson j Davies New 1 Waite Jcliet New 25c Jacobus Jaye Jan Apr Apr 26 Apr 42 * Mills Bidlamaque New 36 % Aug ; I 5 Mines Jan Apr Mar 39 % Mar 1 Jan Dec Jan common Mines 50c 25c Glass Athona 21 May May 20 10 23 32 Mines Jack New 7c 13% Aug 1 Chemical Mines Alger 43 5% July • Mines Bay Nealon New Feb 40c Mines— Jan Feb 51% 5 ! A Copper Jan Nov 31 . Mines.: Exploration 39'/a * com 10c July Trust 58% Bldg 12% Nov Jan Feb 96c National 45% Mar warrants Nov Jan 3c Jan Apr Mar Jan 6% 2.80 Jan 35c 21 % 1.90 Jun 3%c • 16% 29c 10% 25c • 1959 Creek 2.05 59c Steer Car Nickel Interprovincial 85c Jun 70c Petroleum International Interprovincial Pipe Line Interprovincial Steel Pipe— Investors Syndicate common Nov Jan Nov Hosiery 13%c 5 63c Sep National Dec 25 Nov 1.15 14Vac Feb 23c National 3%c common Jan Dec Jun 50c National 1 Utilities 20c Mar Jan 1 Apr Bronze Preferred Apr 1 Ltd Sep Molybdenum International Apr 2.34 13 %C Dec • Dec International pfd—25 8c 47c Jun 1.40 5 6% International Powders Dec Aug 20 191/2 ; • Apr 1 Corp 6% 8.50 Mar (John) Mining 44% 95 Jan 33c / i, ... 13% .•..,78% Jan Warrants Inglis Minerals Jan 39% —50 31c 6c 40 Jan 31 common—* Jan May 40c * ; Corp common Wright Iron Dec Jan 1.20 . * Moore Murray Nov Jan 30% 15c v • Mar 5% $4.86% Accept preferred $4 % Dec 73 Imperial Oil Industrial 90 10 * Life 6.70 4.85 13 Vac 4c • Dec 20% * Jan Aug 1.40 l May 11 A Jan Feb 10c July 1 ... Porcupine 37 Dec class preferred 102 Dec 2.00 Montreal Locomotive Works Montreal Trust Nov Sep 19% Investment 6 % '/a Jan May 12 Va 24c _» Molsons Brewerv class A —20 Imperial 1.33 47 Vac • Corp..... Mines.. Moneta Oct 15c • • Preferred Imperial Oct Mar 70c * Metals Containers Class Jan 21 i Gas Brick Modern 11c 24c Mining Corp M'in Jan 4%c Nov • Petroleums Jan 13c 5c l Mining City 3.25 -j)%c Jun * Mtge Exploration 44% . .1 Oil May 8.70 * Porcupine 5.00 . • * Mines Uranium Feb 43 * Erie & 2.31 1 Oil! Bay 33% July * Dec 5c July 4.05 July 2.75 July 1.28 Mining Jan 36c 93% Mar Exploration & Development_50c Oct 7.10 Nov 17c Dec l 7 * common 16% Nov Jan 8% Sep l Lake island 99c 30c • Lake Red Jan Jan 56c 50c - Jan 8c , , 48 Meta Paper Mon- issue. l Mayfair Oil & Gas.... Mclntyre Jan 1.05 5c Mines 5.00 S » Ltd Jan Dec day Jun 3Vac . Dec 17 %c l Nov 15c 40c May publish Oct Sep 27 11% Mar to Jan 3.45 Oct 26c Nov 13c Dec Sep Sep 1.28 19 Jun 70o 7c intend * 16c. Jun July Were forced to go to press Without it. We 24 Sep 3c 100 Mattagami Lake Mar 1.00 tZ * preferred Matachewan Consol 21% Aug 13% Aug %c Consequently, 1 5% % * Pam l Feb 22% Mar in time for pub- 1 the figures in next Mining Jan 8Vac 4%c 1 Marboy Jan 5 Gold Consolidated Gold Bay Mining <to Smelting Hydra Dec Mar Oct 32c Jun 2.50 July not fn-no.A l common—.—Ill* * Hughes Owens Co class A_. Huron Maple Leaf Milling Maralgo Mines * Pitfield Hudson Dec was Stock ^cnanee Was not re- * 31 1.50 • Toronto i ,ligation. Fields Uranium Barvue 7%c 1.32 --1 Smith Hudson Gold Manitou 11c . Evrhane-p the IZ.II. ceived Dec Co Ltd— & Howey Maiartic Maneast __ of 1 Mines. Ltd— 12% Dec 75 100 B Howard 5.00 July 4.15 Jan , Consolidated Shoes May 4c A Class Dec 75c Drilling Oil Class 2.50 5c preferred—j 1 — Majortrans 13c Bell Home Lake 23c 1 Dauch Hollinger Dec lie Co & Hinde & 11% 4%c Dec Paper Tower Maher Iron Highland Hi Magnet Dec 9 Mines H) Jan 10 Mines Gold Heath 6.75 11% ~2? NOTE: We reeret that 3c day's issue. Lake Red Red High 3.10 Jun 3%c Poweii itiverllll* this week's compilation & 6.25 Gold Mines Lakes of Biodei 4c common Gold Hasaga Heauway Madsen Dec 3VaC Nov publish Minerals Harrison Head without it. Carpets Harding MacLeod MacMiiian Jan May 2.75 May Low 15c 1 ciShSu referretl Jan Jan Range for Year 1960 2.40 July 1 Explorations 3.85 s Shares High _ Jan 5.00 10% Aug 25% Jan — Gold— Macfie Low j, - Macdonald Mines 7% Jun Consequently, to 13 Mines 8 % forced to go to intend Jan for Week of Prices Par Macassa 1.40 re¬ the figures in next Mon¬ ' Mining Oct Apr Sep 2.25 July July 1.35 We Gunnar Hardee 8.25 2.65 — Mines Lead were press 1 —: Gulch' Mines Gulf not 2.25 43 Dec 4.05 " Wire Greening was Apr 85c regret that ceived in time for pub¬ Trust Greyhound We this week's compilation of the Toronto Stock Coal class A_ B West Great .1— warrants. -6% Dec 35 Va 5 '•••" Sales Range Sale Price High Dec Week's Last Range for Year I960 Warrants $2.80 (Range for Week En3ed January 20) Sales Sale Price Pa 43 Jun • 520 Jan 1 4c Nov 8% 35c 9 Va 64 Feb Feb Oct Jan Oct Dec 13% Aug 9.00 Jan 29% 44c 1.00 23c Jan Jan Oct Jan N - f; $ 44 The Commercial and Financial Chronicle (416) . . . Monday, January 23, 1961 Ji Ti CANADIAN MARKETS I Week's Last STOCKS Low Par ) Drilling Parker ••'hj Canada of Patino ri Pee M Expl Peerless '?>!; Consol Ltd Exploration Pipeline common.. Pembina <>): Preferred >niJ Gas Permo Mines Oil Peruvian ::i Petrol on Mines & Photo ft* Engravers Pitch Cranium Ore ?'!} Placer Development :l Ponder Corp If "f Electric President .i»! Gas Provo Jj ijfif Consequently, 9c Gold Develop Lithium Corp Manitou Mines Metallurgical Natural Gas Quebec Labrador Quebec Quebec Quebec M*/ Quebec M1 press We without it. publish figures in next Mon¬ intend to 18 %c Sep Dec 39c Jan class Sep 5% ir: ' 40 ,Y' July Dec 85c Jan Jun 16 Feb Triad 58c Dec Jan Tribag 4c May 7c Jan Nov 94c Jan Twin 14% Nov Ultra 60c Jun Union 55% JaD Mar 2.90 Feb Nov Feb 5.15 Jan Jun 2.05 Mr iJ.'- Jan Ja.i Dec Jan 7c July 13 %c Feb United Mar 78c Aug United Dec 80 % July 5.80 >n! Jan 9c Jan Nov 78c Mar Nov 38c Jan May 75c Nov Mar 68c Jan Jun 60c Jan 18 Vac 3c Sep 16c Sep Jan 28 1.95 Mar Jan 46c Nov 7.90 6.15 July Sep Dec 12c Mar 4c Apr 6%c Dec 1.35 1.50 Apr 13 % United New 13c Nov 29C Apr Vanadium violamac Jan July 80 Jan 9% Apr 10 Apr 5.30 Dec 9.50 Mar 17% Jan 20 % July 8% Nov 7c 25 * Jun 12 Jan 1 Dec Jan 551/4 Nov 56 Jun 24c 1.25 28% Aug 22% Mar 27 25 22% Mar 27 July July A pfd 5.30 4.65 87c Jan Jan 8% 1.30 Oct 2.55 Jan 7c Jan * 1.05 1 3c May * 25c Jun 2.25 Feb 75c Dec 6.25 Jan Apr 31% Dec Nov 21% Oct 94% • 24c Jun 40c Ref & Jan Jun 38 % Feb 72c Nov 1.60 Apr 14 Jun 15 Apr 1.07 Nov 5.75 25 1 Mines • July * Ltd Jan 7c Jun 12c 10c Nov 21c 1.88 42c / 1 Dec • 9% 5 32% Jan 78c Dec 90c * Petroleum Products 1 Jan 5 %c May Jan 70c Nov 2c Jan 2.15 Jan 33 Feb Dec 3.60 Jan 1 Petroleum 72c July 1.55 Western Grocers class Jan 32 Mar 1 Jan 1.35 * Decalta 1 * Nov Nov 1.00 - Warrants Western "1 17% May Dec 26c * Copper "j V Oct 82c 22c Canada Breweries.: fY Mar Oil Westburne ■'& ' Jan 1.25 West Malartic Mines '•\ ■ 9%c 1— Gas 1:— •e Jan July 1 & <N ■■ 3.50 Mar 3c * Oil -L l.h Apr 13c Dec , isU St 8alad Shirrlff Horsey a Ban Yj class Scarfe ■Hi' class Holdings Selkirk % A Class B S. Simpsons Ltd Mines Ltd ■Y S K 1— Manufacturing D Air Bpartan & Mines Spooner Windfall 30% Wood 42% July Mar 48 Mar 1.00 Jan Jun 3.35 Oct /' Steel -"f? s I ■Iff Sudbury Sullivan Cons 'I Superior Propane Jan Yankee Oct 43c Mar Yellowknife 32c Jan Young IIVb Sep Yukeno 33% 25% 2.00 I Preferred Thompson ; Tidal ! Mines Tom bill Mines Ltd Torbrit Silver Mines ll't Jan 1.45 Oct 1.01 May 9%c '1*1 ■ Vt'j Jan 27c Dec .4/ Jun 56c 4%c Aug May Aug 1.13 Sep Oct 2.00 1—1 Mining Zulapa 16c 13c Toronto Stock Dec Are Last STOCKS Oct 53c Jan 3%c Aug 7c Jan Jun 38% Jan Anglo Canadian Pulp & Paper Anglo Newfoundland Develop —: 61% Nov 87% Sale Price Par - 17 Asbestos Jan Bulolo 13% Jan Canada & 24 Canada Vinegars Jan Feb 55 May Canadian Bronze Nov 40c July Canadian General Nov 10c Jan Consolidated 1.30 Jan Dalhousie July Dominion Glass 1.85 Investments 13 Mar 16% Jan Feb 251/4 Oct Gaspe 4.50 Jan International Paper 4.50 Jan Jan Maclaren 1.50 Dec 3.60 Jan Class 20 %C Aug 1.04 Jan Minnesota 37c May 1.52 Apr Jan 57c Jan 10 - 8% July 1 1 Jan 8.00 Nov 2.80 Jun 2.15 1.25 Mar NOV 40c Mar 89% 85% Apr Jan l 33o io« 94c • 31o July 1 24 %c 7c May Ontario 'i-M ■i • J w * >1 ' Jan Jun 18% Nov 29% Apr 38 July 18 Nov 22 ,Feb 27% July 36 % Mar Oct 6.00 33 % Jan 44% Jan Jan 13c Aug 22c 65 Dec 30 Feb 19% July 26% Jan 17% Aug 23 Jan 29% Dec 30% Dec 9 % May 14% Dec Oct 21 Dec 20 Oct 22% Nov 26% Sep 31% 40 1 Genl 37 Invest- Trust—*' Gold Corp July 2.30 Aug • Sep 5% Feb 1 50c Dec 32 Feb FOOTNOTES FOR OUT-OF-TOWN AND • No a Odd in e sale Included In year's (not r delivery year's sale (not Included Jan Dec 49 3.15 Jan 46% Jan 7% Sep Oct 76c 37 July CANADIAN MARKETS (Un) Admitted to unlisted wdWhen y (not included In year's range) - * ■' " I '•* i •. trading privileges. delivered. _ x price Cash sale ■ Ex-liquidating dividend. wi When range), Selling ex-interest. f Flat May Mar lot t value. range). Feb 68c par d Deferred ■>' V-'.k-r: Feb 3.90 13% 2.50 Paper '• 3.j,M Sep May 26% Aug 8 20% * Jan 31c ... July 19% Zellers Oct Jan 1.15 & Consolidated Mar 10% Oct High 45 2.50 B Canadian Jan 5% July 2%c Dec Apr 2.50 Bros Third Yukon Jan 45 76 new A_ Ogilvle Flour common Oreille Mines Price 6 1 class Pend Jan 14c 4So Low Jan • • Range for Year 1960 Shares High * 1 250 * Loblaw Inc 17% 69c Low * Mines Copper Dec 25% for Week • common 12% 1 SVJJ Sales Range of Prices * Dupont Co common 20 Feb Week's * 44c July j 5 Y;.:"'ff . * common— Mar 2.50 Aug Oct * Paper 12c 37c fe Jan • Sugar Oil 21% ' • 8 1 4c July ■ In Canadian hollars 38% Dredging Dominion 46 3.30 Jan 29c 37c Jun 8 Corp Gold 15C Dec • *3.00 Apr Dec July ' .—• Jan 6c Oct May . ' •fF .'i Y. Sep 3c Expressed Friday Jan 25c 5.90 v Exchange—Curb Section *i5 . Shown Prices Jan 31 Jan ■5c :• Jan 3.88 Oct 88c 2%c Aug • Feb 19 Nov 1 ; Petroleums 8.25 1 Mar 100 Park Nov Yi ■■ Feb 1 common Jan fj.6 Jan 19% • 9 10 Landmark Thorncliffe Tiara Ltd Canada Texaco 5.00 Nov 4.25 Mar 83c Mines Metal 4.50 Aug Nov 1 Territory Mining ■ ts Feb 14c May 14 1 56c * i 9c M Sep 19c 3.60 Aug 20c Zenmac Jun 1.60 Mar Oct Dec 13% Zenith Nov 2.35 Oct 5C 8c • ; IP ■3 " ._1 Mines G) July Industries certificates Taylor Pearson preferred Teck Hughes Gold Temagaml Mines Oct 1 Mines Electric Jan 23 %C May 8% common trust 8%c 2C Mines 24 Jan 14c 350 Mines Aug Jun 20o 10c Tancord Taurcanls Jan 17c ■ Jan 1.05 Jun 4%c 1 Oil Bear (H 1.24 18% July 80 Tamblyn v*> 1.67 Dec • r—• Bylvanite Gold Mines Voting Canuck 3.00 NOV July 2.00 Ordinary Oct 7c 8 Zinc & • • Switson Industries % Lead 4.50 ~l common 7% Mar Dec v' Yale • Petroleum 1 Dec .Feb 33 3.70 A Wright-Hargreaves 25 Warrants Supertest k Aug 17% 90c Y warrants 1 Preferred ■Ml* A Class 1 Mines Exploration Sunburst July 1 Contact a* ir- : class Ltd 1 Trusts Sterling Sturgeon River Gold 5% * Stores Jun 79c 1 • • 1 1 20 ; Dec 1 ; Alexander Woodward • of Canada Steeloy Mining Steep Rock Iron Steinberg class A •|V Larder 1 • Bros 107 Mar 1 1 Btarratt Nickel Mar 14 1 _1 1 Btanweli Oil & Gas Stedman $ 13% July Oct Dec * A Uranium Stanrock f class 100 Warrants Coghlan vf Aug , " • * Wire Brock Stanley 92 • Yukon & ntu] ■ : Dec Feb 22c Winchester 9% Mar —* Paving Standard [■' I! Apr Jan 42 82 28 % Mar ® _50 Mines Willrov 16 Vac May * Oils. Ltd Foods Stafford 'f j? I 5% 23c • Services Standard *< Wiltsey Warrants I W Apr 1 Southern Union Oils I'll? 4.65 preferred $2.80 ■■ Dec 40 Feb 29 10 Pass Oct 2.96 * Southam White 10y4 Nov Feb ■ ■ " • — 6iscoe ill - class A Dairies Bilverwood •4',t Mines 1.00 July Jan 30c —100 100 Hardware Jun 2.01 1 50c —• Miller Standard Jan 55c Dec _________________________________ preferred 75c 1 Mines Silver 1.20 Oct 11c Warrants White 42 1 Silver Dec Mar 7% Sigma Mines Quebec if! Dec $6 Jan 49 23% 50c Gordon Nov 20c •-* A Q 27 50 preferred Creek Gold Sheep Sherritt 1.04 Oct * preferred 3.80 Aug * Class Mar 13c %C NOV Aug 50( class A class (Geo) Weston 28 Petrol Surf Inlet 3.25 Mar • Bhawinigan Water & Power com 4%% Dec Sep Jan 20 Naco Western 10 * Arts Seven tii|f Q]asS Dec Western 14c • A Jan 1.55 60c Freehold 6ecurlty 6.50 29 * A 11% May 37c 80s 1 Metal Satellite Sep 4 1 Petroleum Sarcee I 997/s Aug 98c Jan 8% Debentures S Feb 38% 24% A Preferred 4.00 Mar —1 Petroleums Dec Nov ..-.48c 1 Gold Gold River Jan 60c — Antonio Sand Sapphire t. common Warrants :ai 13% 19 v 89 100 1 • preferred Maurice Gas 5% Dec 15 Vb Mar • common A t ■ Corp Lawrence 10% * Cement class A St Lawrence fit % ! >■ Nov 6.00 1 Petroleums Warrants 1.25 2.50 May LlT,lr5,:" n;v Nickel « Dec ' Nov 5%c j 1 Ltd Canada ' Feb 6.90 40 Oct 3.50 * 1 Jan 2.45 33% Mar • W Sep 3.30 33 10 1 Prod Sep Dec 2.45 * B 60c Western Apr 1.89 Dec July is Dec 28c Jun 90c 1 1 . Apr 9.05 Jan Nov 9c 1 preferred & Lake Western Jan 5.20 May Oct 3.40 Nov Jan common class Knapp Westeel Sep 49% 16%c Equipment Westates 54 70 Canadian West Oct 60c 10% 16% Dec Mining Wespac July 24% — Petroleums 10c Jan 16% 51 Apr Wasamac Werner nov Feb 45 Apr Feb Mines & Jan 14c 70c Grey Trust G Wayne 15.50 Jan • Amulet Wane Jun Dec 5c 8 Ltd Dare Walker Dec 65 6c 3.50 Aug 10 Wainwright 3%c -J —1® * • Mines — day's ISSUe. • Power & Jan Sep fijriirpc in npvt IVTon ine IlgUreS m next IVLOIl Jan 12% Explor Victoria 35c 10c Jan Dec 20c • Alloys Mfg Jun July 17c publish to intend • Viceroy 15c 5c class Mines Mines Webb Jan Mar We Debentures Weedon Jan 47c Ventures Ltd Sep 67/s Jan Corp Vespar Sep 81 Jan 4.10 * Preferred 4.50 Dec 18c 26 Nov 1 trust A Fortune Venezuelan 18%c Mar nov 1 i Hill Cons Virginia Jan Dec 1 Inv Steel Jun 4.45 ii Jan 12 ; Jan 26 Jun 7% July 1.58 Oils 3.50 Jun 66 Corp Canada Vandoo 16 forced to go to Jan Feb 65c _20 Keno Upper Dec Jun • common ■ Fuel United Waterous • 100 Ryanor Mining C Oct ll7/8 9c 50c Ltd Can Ltd common Industries Russell - 20c Jun 7.90 -* Preferred *r Feb Preferred United 6c Royal Bank of Canada Royal Oak Dairy class A Roy all te Oil common n/t;f Jan Jun 10c J Consol Rowan ii Feb 18 37% * Preferred iC class 45c • Mines V) (A Roe voting Corps 6c Consequently, 3.00 5.00 Dec 5c 2.00 30c 50 50 Canso 3.50 38% July 9% Asbestos 29c Feb 10c __1 preferred United Dec Sep 32 re- 15% 1 preferred B United 1.85 * Petroleum Rocky / A Apr July 38% Jun * Nov 2c Apr 50 2.70 Jan Sep 34% 1 Canada of 9%c 23c Dec 39% common Mining Nov Feb 59% Feb press WlUlOUt It. preferred Gas Class were „rp,cc ♦ Union Dec not was 18 May 321/4 12% regret that * : preferred Class we Mines Acceptance 1st hcation. Dine Gas Shawkey Oct * Mines Rockwln City 12c * B Ploe Pipeline Mining Union Jan 4% Exchange * on 2nd Jan 1.40 Dec Dec • Prarie United j We j — Resources Co Ltd Trinity Chibougamau 4.35 3c 2 NOTE: l Ltd piobhiic t'iansinouniaiii Oct 42c Minerals canaoa Trans Nov 1.60 Aug * Algom Trans Transcontinental Jun 6c Mines Roche 1.02 45c Rupununi Mines Riverside Yarns class Rix Athabasca Uran Robinson Cotton Mill I: Jan * Rio ff!' 1.17 Jan 3.40 * • — __40 Exp 13 35c Rexspar ' Jan 1.44 Mar 2.00 Renabie Rio ii 21 %c Jun Mar 1.40 * 39 Jss? II™™f.eiv'ed in time tor pubCanada Trans 11c , Jan 48% 9 20 Works class A_ preferred. 74c 1 Explorations Reichhold Chemical \»4\; 11K Jan * Mines Ltd Mines Reef }Y Sep 85c 5c Rayrock Mines Realm Mining MV'l 30% Dec Dec 17c Oil Ranger Y iY July 45 Mar 28 39c Dec 13 July • Trusts 59% May 48 % Mar _10 Sn""I's peek's compilation b * of the Toronto Stock Traders 43 % 1 Uranium ttuaicre Rainville 8% Jun e% 10% Quemont h>A General High Low , 57 July 28c - Mines-; Mining— Quonto Petroleum Queenston Gold -iiif* Toronto Iron Bank High Jan 48c forced to go to 1 Warrants «liV' Toronto Oct 33c 1.05 in' Jun 30c we were 1 1 1 1 1 * Ascot Copper Quebec ) M lication. 10c Elevators 3.20 Dec Dominion Toronto 4.40 Jun 1 Quebec Chibougaraau >tr'' • re¬ 2.20 15c Toronto Sep Low Range for Year 1960 Shares of Prices Par Jun Sales for Week Range Sale Price 4.40 Jan 7c ih!" Iti 1 not • • Minerals Purdex was ceived in time for pub¬ * Airways — Producers Ltd Ltd Prospectors iim' Ltd Mines Preston Mr Ore Iron Premium ./Si* it i Royalties Prairie Oil Exchange Stock * #0® * 1 20c —* Oils Power Toronto the 1 Place Oil & Gas ■ regret that * the 1 day's issue. Mines Gold Crow Pickle <»»* "»M of 1 -* Ltd We this week's compilation * Gas___ at Phillips Oil Co NOTE: 23c Jan Week's Last ■ High May 3.00 2 1 1 Gil preierrea. <» Gold Perron Low High 3.05 50 ■„_——i*;—*" — common Penmans :::| Gold— Consolidated Paco Paymaster STOCKS Range for Year 1960 11c 1 * 2 —« 1 1 ——1 1 1-28 Mines Amalg Pardee Friday for Week Shares of Prices Sale Price (Range for Week Ended January 20) Sales Range Friday s issued, Ex-dividend, Ex-rights, Ex-stock dividend. ' Volume 193 Number 6023 ... The Commercial and Financial Chronicle (417) NATIONAL LIST OF OVER-THE-COUNTER SECURITIES (Quotations^ The following Association not bid of and asked Securities quotations Dealers, represent actual transactions. which within these securities Inc., and They are could have obtained are other the National or selected sources. They do guide to the range (indicated by the "bid") intended been from as sold bought which have Origin of on request. The "-National" list is composed of securities wide national distribution. a Par Industrials and Utilities Par Aerovox Corp Air Aid 1 —■— Products Inc— Alico Bid 8 % Par Frito 9y8 Co 47 (4 50% Futterman 19% 20% Garlock 6% 7% Development Allied Radio. Alside Co—1 Inc Corp 1 22 ——1 , .< Gas 23% Gen Corp class A Inc 1 pfd 13% 37 % 20 19 % 20% Gibraltar American Biltrite Rubber Co_100 20 22 American Cement Corp _—_5 13 Va 414% American Express Co —i_5 50% 54 y4 A_.._l 38% 141% Co——__—2 35(4 37% 34 36% Grinnell American Greetings American-Marietta American Pipe & Const Co—_1 Amer-Saint Gobain Sterilizer Amer Farms Service Missouri Arkansas Western Gas Arvida 43 16% 17% 3 Power Metal 40(4 1 54(4 58 Hamilton 5 52 % 55(4 Hanna Co Arkansas Art Growth 22% 24 Co__—5 28 (4 30% Hanna 12% 14 y8 Harcourt Co _10 Corp 1 Spring Corp Avon Products Aztec Oil A: Atomics Baker Oil Bates Hathaway 16% Helene 1 Co 56(4 61 19 20% 1 Co 1 Co Bag Hathaway Corp Hoover Power & Products Inc Brown 5% Gas 5% Husky Oil 19% Indian Indiana 110 25 27% Indianapolis 3 33 35% International 1 54(4 57% 5 &'Telep Co—12% Oil Ltd Interstate B 4 Carpenter Paper Ceco. Steel Products Co. Field 4% 51 3"Vn —1 13% 58(4 48 Corp——10 Trust Va 12% 54% 25 com 30% ctfs— 3% 4% Electric & Gas Co—3(4 30 32 y2 111 10 44(4 47(4 Co—-—_5 Elec & Co Gas Central Indiana Central Louisiana Central Marine Central Telephone Co— _10 Central VT Serv Gas Power 16(4 17% Co_5 29% 32 10 Electric 27% 29% Co 25 27 Corp—6 22% 23% Chattanooga Gas Co .—1 Chicago Musical Instrument—1 5(4 5% 30(4 32% Citizens Util 19 20% Public Co cl A„33%c com class B_, Engines 33'/he Corp 1 Corporation States 4 (4 19% 4% —lc 15 16% Product—1 Gas Stores 18% 65 68% 17% 19% 2(4 Inc-—. Colorado Interstate Gas Co—5 4iy4 44 Colorado Mining Elev Co—1 18% 20% Colorado Oil 12 20% $1.25 & Gas & Corp com_3 —25 preferred conv Commonwealth Gas Corp—.—1 7% 8% Connecticut Light & Power Co_* Consol Freightways ———2.50 28(4 30% 11 12 Consolidated Products—5 16(4 17% Transp Lines Inc—1 10(4 11% —50c 69(4 73% -1 17 % 18% 1 13 Va '14% 8 7% 7% Continental Control Cook Rock Data Coffee Corp Co Cook ii Electric Coral Ridge Company Prop pfd Systems Inc Craig Cross 1 13% 15% ——5 21 22% 1% Company Crouse-Hinds 20 21% Co. Cummins Engine Dashew Business Corp Delhi-Taylor Oil Dial Finance Di-Noc Diebold Donnelley (R R) Dorsett Elecs Sons —-25c Labs- Drackett Company Duffy-Mott Co Dun Dura Bush Co Eastern Industries Eastern Utilities Paso Electric Electrada Corp Electro-Voice Inc Co Empire State Equity Oil Co Erie Resistor Ets-Hokin & Oil Natl Financial First Galvan Fisher Fisher Madison 67 70% 19 Va Inc__50c Co 16% 18 1(4 20 Va 40% 1 ..ii' 69 Co__16 11 Corp Industries McLouth Steel 3 3%, 3% 2% 38 V2 41% —5 34 % 3.7(4 15 16% Corp Inc —i—1 — Fast Motor Publishing Class Miles A Pipeline Co 15% 16% 25% 23 24% 7% ——2 Inc 82% 8% Mississippi Shipping Co— _5 Miss Valley Barge Line Co 1 Mississippi Valley Gas Co——5 11% 10 y2 12% 25 Va 26% Nalco Pipe Line Co_5 Utilities Rubber National Class Gas Western Natural 1 Westcoast Transmission West Point 5% 26(4 Publishing Weyerhaeuser Co 1 inc—1 7.50 — Wilcox 42% 16% 4(4 4% 34% 37% 24 1.25 Co Co Whiting Corp 20% 15 % 25 Corp Strong Cobb Arner Inc Western 56 38% Co Gas " 5 18% __5 — Lt 52 20 —* Manufacturing Co_« Inc— Struthers Wells 25% 1 8% 2% Corp— 36(4 9(4 ,__5 Electric Co 3 Wisconsin Power & Light Co_10 Witco Chemical 5 Wood Conversion Wurlitxer Co 5 Co 10 Wyandotte Chemicals Corp—1 39 Yellow Transit Freight Lines Yuba Consolidated Bank and Trust 48% 52 y8 North American 8% North Carolina 10 North Penn 24% Northeastern Eng Gas 11% 15(4 Ohio 11% 12% Oklahoma .1 Industries 6% 16% 17% 25% 27% 29 '/a 31 17 18% 20% 22(4 52 55 % 25 26% 12%, 13% 74 "78% 36(4 39 Va 8% 9(4 10% 11% 37% 39% 34 363/a 9 10% 17% 19 Va 61%- 65% 1 6% 73A 7 7% Companies 61 % 66 Pacific Airmotive Corp————10 73 % 78% Pacific Far 65% 68% Chemical .Bank N Y Trust Co_12 Citizens & Southern National 623/8 65(4 (Savannah). Trust -10 51% (Chicago).25 City Natl Bk & Tr Cleveland 114% Co_ —50 New Trust $10 par Co split Co—12% Connecticut Bank & Tr Connecticut Natl 19 Co 3 Co (Chicago) Empire Trust Co Fairfield (Camden 17"% 116% 5 N 25% 27% 26 27% 1 38% 28 V4 Prod—10c 4% 41% 30% & First of New N Girard Trust Hanover Harris Tr & Sav Bk 1 3% Hartford & Line— 5 9% Co__5 15% 7% 46% America—5 22 Va 23% 1 6% 7% „— Petroleum 17 6%, 43%' — Corp 1 23 V4 1 17 Va Inc—1 Industry 18 V2 20 Va 25% 46% 49(4 37 39% 23% Bank 63% 67% 71% 144 47 50% Boyal Bank of Canada 75% 783A Royal State Bk of New York—5 58 61% 45(4 48 St Louis 10 50 5 303/4 33 Seattle 1st Natl Bk (Wash)—20 Second Natl Bank of Phila—10 51% 54% 35 38% Security First Natl Bank (Los Angeles) 12% Security Natl Long Island N Y_5 70% 74% 22 % 24 Va State 10 67 71% 20 71% 75% 77 81% 67% 78 81% 53(4 56% Boston 10 Union Bank of Trust Co Albany State Street Bank & Trust 48 10 75 78% 19% 22 51% 54% Co (Boston) 34% 38(4 34 36 Va Sterling Natl Bank & Trust Co (New York) 25 55 59% 57% Y__5 Bk__15 32 34% 60% Trade Bank & Tr Co 10 53% 56% Trust Co of New 20 81% 86% Union 45 48% (Cleveland) Co_10 Hudson Bank of (N Y) —10 2% 9(4 10(4 10 Jersey 59% 63% Commerce County National Bk—10 Hudson Tr Co (Union City) 8 23% 20% 25% Union Trust Co Maryland.10 49 22% Industrial Bk of Com 43 47% United States Tr Co (Boston).10 United States Trust (N Y)„20 107 Industrial National Providence Industrial R Trust (N Y) Bank Irving Trust For Co 10 I Co (Phila)—-5 (N Y) 10 see of Valley Natl Bk (Phoenix Ariz) _5 10 footnotes, % of 18% _1 ' 21% 10 York Tr 5 10 20 Philadelphia Natl Bank Pittsburgh National Bank Tradesmen's 119 46% 10 (Chic) Corp Exch Peoples Tr Co of Bergen City (Bteckensack N J) 51% 35% (Chicago)_20 1 114% 43 Bank 10% Light Co—6% 70% , 39 10 Bank 33 New Jersey Bank & Tr Co Northern Trust Co ■ 43% Louis—20 9% Natl 11 59% . 60 * 10% 48 136 340 5% y4 Bk_10 Merchants Natl 66 Riggs Natl Bk of Wash D C—25 Rockland-Atlas Natl Bank of L I New 77% 56(4 * Trust (Philadelphia) 20 Republic Natl Bank (Dallas)-12 18% of Natl Shawmut Bk of Bost—12% Natl State Bk of Newark—12% 58% 39 Corn 48% 47% 16% Robinson __ 45 73% Essex & (N J) 54% 36Va Bank . 25 Newark Banking Co 42 5 4 . of Natl of 95 Provident Rochelle; Bk 42(4 (Cleve)—16 75% (Philadelphia) _10 Natl 39% City Bank 71 City Bank (N Y)„20 Pennsylvania Banking Franklin Westchester_5 National Bank of 58 25 Westche-ter 36% 54% (Baltimore) Co 69 34% 353% County Trust 65% 37% 6(4 St 110% 10 (Fairfield County) 33 J) of National Bank of Detroit—„10 National Bank & Trust Co 34 First Natl Bank 107 V* 315 First Natl Bank of Boston—12 % First National Bank of Chi 20 First Natl 25 10 12 7% 46% Co 50 12% Passaic 160 42 (NY) .10 (Atlanta)—10 Bank 29% 150 447/a 19% National 34% 27% 44% 18 First 68% 32 42 11 Bk 34% 65% 413/4 (N Y) Bank 31% New Eng 54 16% County Trust Co Natl Trust York National 50 % Fidelity-Phila Trust Co 10 Fidelity Un Tr Co (Newark)—10 Fiduciary Trust Co (NY) 10 Co 35% (S F)_10 Federation Bk & Tr Co. First Guaranty New 46% t43 (White Plains New York) 1 Crocker-Anglo Natl Bk (St Louis)—12.50 National Commercial Bank & Trust Co (Albany(_ 7.50 33V3 — County Trust Co of 5 National 5 Bank-. Mercantile Tr 59% 33 of 333% Continental 111 Bank & Trust liy2 10 Co 386 31(4 N J— of 2%-l ex 55 119% 365 Commercial Bk of North Amer_5 Commercial First Natl Power Tool Morgan First Mercury Electronics—90c Pendleton 49% 14% Pacific Pauley 46 Central 75% Pacific 8% 48(4 Mellon Nat Bk & Tr Co (Pgh) .25 71 Pacific 8% Natl Bank of Cleve__16 Centl-Penn Natl Bk of Phila—10 Chase Manhattan Bk (NY)_12% 37% 51% (N J) 13 Va 12% 10% 34 % Trust Co 5 22% 9% 5 Camden First 17 5 Manufacturers Tr Co (N Y)__10 Manufacturers & Traders Trust (Buffalo) 5 Meadow Brook Natl Bank Nassau County N Y 6y4 21% 7% 65 t55 10 58% —* Hannifin 52(4 Ask & 54% 10% 11% Parker 25% 49 % Bank 10 9% Co of 23% Louis—20 1 19(4. Corp Co of Dallas 21% Co (Phila) Trust (Jersey City) 1 Pantasote St St Trust Co (Philadelphia) l4Wg Island Trust Co 10 (N Y) Bid split) Liberty Real Estate 358 10 Co Bank 1 Packaging Virginia Boatmen's Natl Bk Bank Co_ & of Bankers Trust (ex 2-1 52% 344 P«r .... Kings County Tr Co (Bklyn)— 47J/4 44 100 Natl pfd_* 57% 497/a (Newark)_25 First Corp Gamble. 6% of New York First Nat'l Serv Power East Francisco) of Commerce Bank 28 Corp_; .—1 Coal (San Bank 24% River Brewing Ben 53% New $10 par 22% Co Service Miss 10 26% Water Co $4 Nuclear-Chicago Bank Gas—2.50 Natl Pub National * Coal; Ask .... Baltimore Assoc—8 Natural Gas Water 60 of Del—1 Co Gas 14(4 56 50c Elec & File 20% 5 Corp Shirt Shops Nicholson 32 18 Va Corp A com_50c common Bid First Bank Stk Corp (Minn)—10 Camden Natl Bk & Trust 29 y2 2% Oil & 111 1 Co Homes B 11% 1 Co Company Chemical 10% —1 8 34% 1 —5 78% 39% x32% New 7% 36V2 1 45% A-5 44% Inc-— Co— Gas Northwestern cl 12% 22(4 24 Co_„_——-----—-1 Minneapolis 11% 41% 20 V2 5 •■* common Mfg —1 * Inc Laboratories Miller Lines—1 Co—_—5 Broadcasting Gas Utilities Co Pabst Mach 37(4 - 24 % Delaware Corp—1 Chemical Bank „————lc Machine & Eng 27% 7% 32 V* 20 McLean 42% 133/s 73% 28% —1 — L) 25 6(4 30 10 National 12% 34% 1 — 21% 37y2 18% -— (W 16% 1 10 & Telephone Co__10 Massachusetts Cos 1 2.50 Broad 26% Inc Maxson 15(4 .--r— Western Co Bank 35l/2 Mattel 71% 6% 10% 68 B 7% 5% 21% Tail Franklin Corp 6% 9y2 65 A_ Western 16(4 Bank of America N T & S A 20 % Old & 13% 14% 17% Corp Otter Gear 12 —1 National 2.50 50% 11 Herrington Co Inc—1 Maryland Shipbldg & Dry—50c 61 Co 58% 15% Par 1 Electric 10 class 47 y4 cl B—5 !— & 28% Paper 1 Marmon Northwest Inc 8% 20% 11 _* 26% Mortgage 7% 55 Steel 11% 10 Va 1 Co Gas 21%' 9 Wellington Mgt Co class A—10c Corp— 1 Telephone Co 10 Wesco Financial West Coast 3iy2 25 Inc— Marlin-Rockwell 25% 1 10 V4 29 y4 —5 Corp— -10c Florida Capital Corp Florida Steel Corp Class Stores Macmillan 19% 9 27 19(4 non-voting Works 3iya 24% 1 Products Hotels 53 29 5 Transport A 49% 1 42 y2 40 1 com & * Assn_100 Governor Foote Bros Lucky Ludlow 24 — 10 Co_3 Co.. W) 24% Brothers, Co— Fitchburg (Hugh 22% Inc Co Clark & Steel —2.50 : Federation Boston Long 2 23 6 Corp 32% — Liberty. Loan Corp Lilly (Eli) & Co Inc Lone Star —1 7(4 :—: 30% Co 15% — 10 Chemical Missouri-Kansas 1 Co Farrington Mfg Co.. Feleral Blower Mohawk —2 28% 24% 1 Watson Bros 10% Plus Lau 7% Electrolux Corp „" Electronics Capital Corp Emhart Mfg Co ^ 29% 1 Frary Lanolin Missouri — 636 9% lc Landers 5% (Texas)—*' 600 Stanley 16%c 23 (Jim) 1 Stouffer 27(4 Electronics Laguna Neguel Corp units— 47% 1 23% 3 — 40 y8 Inc 22 Gas_5 Corp Koehring Co Laboratory for 5ya Associates—10 Laboratory Stepan 253/g ' 50c Inc__ Statler 30% 2c — 8(4 16% 283/4 —* Natural 7% 15% 1 — Inc 37 % 2(4 :—; _i Screw Common 23% 2% Steamship Pressed Home 19% _1 1 30% Inc Register —1 common Utilities 44 y4 17 Standard 46% Co 1 —— El 49% 38(4 36 14% 18% Washington Steel Corp 51(4 28% Mfg Co Standard 43% _J. 2 Dynamics Corp of AmericaSi preference Economics 45 E) Stand 21 y4 Standard —1 —1 Inc Inc. Corporation Duriron 21% (A 44% Fruit & 13% 1 2% ., Stanley Miehle-Gross-Dexter 19% Staley 19 Va 50c 27 48% 1 Co v 15% 43 44 194 , - Supply—.—i—* 1 & Bradstreet Dunham 1 . , Co—15 20 55% Mid-American 41 183 17% 10 25 Co—— 14% 39 5 Co— Co Co Electric Spur Oil —5 13% 40% Waiter 29(4 Sprague 48% 12% 37% Warner & Swasey Co Warren Brothers Co__ Wash Natural Gas Co 27(4 Co 56 44% 34% Co—1 Sys 52 25(4 States Freight 33% 2 Iron 23% 1 Co Tel 17 50% 31% 32 Co__♦ Co Tel Gas 15% 47% 9 Mining Co_ & 44 25% Southwestern Carbon & 10 % 40% 10 Waddell & Reed Inc class A 9% 51 25% 7% Eng Gas Const 5% 9% 23(4 5 Power Power Inc_l Vitro Corp of America Von's Grocery Co 18% —--.1 24 20% Co 8% Inc—- 13% 5 21(4 17(4 Spector 32% 12% 19(4 Co__ 10c Co__1 Speer 30% Leasing 43% Co__1 —5 l States 22 Producing Co 37% 40 Elec Service Co 13% 35% 20 Southwestern 1 Portl'd Merchants 69 Water 5% 12% 5 Elec Lt • 6% Metropolitan 6% Dev 24(4 2 6'% Utilities Inc Meredith i8y2 Oil & 10l 4% Corp 5 Vance Sanders & Company—50c Vanity Pair Mills Inc_ 5 Vector Mfg Co * 16 Southwest Corp Trecker 14% 65 y2 Co 32% 9 & Pwr__ Utah 54% 6% . 12% 1 14% 51 30% 1 Valley Mould 86% | 6'/a Co— 20% 5 — 81 20 V. 50c Upper Peninsular Power Co_^ 5% Corp__50c Service Keystone Melpar pfd__——:——5 5 87% 18% Co United States Truck Lines United Utilities Inc 5% 1 9% Ketchum Microdot common conv Wash 14% Kennainetal McNeil 37% 14% 4% 7% ; Union 21 y2 Kearney & 8% 34 (4 Cable Southern Kalvar Corp Kansas-Nebraska 13% 5 & 30% i—1 Michigan — 13 1 Co — 28 Co—„—10 8% 11% 1 Wire Skil Nevada Corp preferred 25% Inc Colorado 5% 13% Steel 20 % Arts Southern 4 % 20 13% * * 2 Power New Steel 23i4 Co 43 34% 18y2 1 Inc Inc $1.25 47(4" 40 —5 Co Calif 60 Corp 6% 29% Southern of 5% 50% 83 1 22% Corp Pipeline 38 & Pacific Elec 21(4 , . Corp__50c Union Texas Nat Gas Corp United States Chem Mil 6% 1 Seismograph Service Corp Sierra 6 l — Ii Pipe Line 26% 19 % 47 Corp_l Corp_ 1 United States Servateria Corp_l United States Sugar Corp 1 13(4 27(4 Southern 32% Kaiser 18'4 Corp Diversa 12'4 D) * Inc Gas Tucson Gas 22 1 Inc l———* 35% 12(4 35(4 97 93 56 Jessop Tunnel Corp_5 Bridge Co Chemical Dictaphone 1 32% 20. V * 13% 1 Water A—__1 -1 class Corp Detroit & Canada Internat 8 a Machines—10c Dejur-Amsco Detroit 44 5 Co Inc Danly Machine Specialties Darling (L A) Co (G Tracerlab Trans 59 5 12 % —b._^r_l,j,^ 41^ Kentucky 55 So Southern 1X01 */tz Inc $1.46 _1 Co__ & 42 Corp Jervis Transwestern 1 Corp South Shore * Southern Jamaica Scarle Fetzer 26 Inc & Foreman 24% common Jacic & fecoct Simplex —1 Diver Services Itek 59 1 Prod 39 Textbook Public Iowa Transval 54% Co_2% Co 26% Securities A Ionics 13 19(4 Class 18% Inc 24% Motor Investors Iowa 9% 33(4 Engineering Corp—* Freight Sys—1 Interstate 24% . 24% _i 37 Inc * Bakeries Interstate Tokheim Corp Towmotor Corp 20c Tubular 1 Recreation Interstate 18% * Bantam Inc Bank International 35% Co Water 18 --10c Superior Oil of Calif 1 class Internat'l 31 16% 17% Petroleum— Scott 30% 29 Va Inc United Water & 24% 33 (4 8% 31 • 32 % 28 Time 23 6% 30 1 Col"——IIII* Thompson (H I) Fibre Glass—* Thrifty Drug Stores Co * 34 V* 34% ,1 Corp 49'A 4% —-1 Mills 16% Co..25 10% 5% 29% 25c 7% —1 u— 46 3C2 Inc Corp Homes King 13% 7 32% 27y4 1 3% "units"-— Co__— Gas 22 16% Tel.. Service Trust Head 18% : 5% 18% 9% Thermo 35 Va Corp Associates Scholz 6% 33 12 % Corp..7 2 A Co —1 Production 7 6 Inc 32'/2 Inc 1 common— 17 6'4 Thermo-O-Disc 172 30% —_I—I_._i Corp Thomas & Betts Reid Jacinto Schield Pulp & Paper Corp— 18% * preferred—25 Material Hugoton 47% Delhi Field Hugoton 15 Colonial 5 17 1 15% 27 Coastal 1 2% A 14 44 ('4 Clute 185 37(4 Water Clinton 11 174 12% Oregon Power Co__20 Cbmmon class 10 1 34% —1 44'/® "' —3 Mills H) Plywood Marie Sawhill 11 1 Interstate Central Mining 7% California Central Sanders (4 California Point 29% * California Cedar 28 1 Buckeye Steel Castings Co— Byllesby (H M) & Co 110c Mills San 1 Corp.. Bruning Brush Beryllium Co—.— Cannon 42% 5 . — Gas Mfg Co (Charles) Co Inc. Canadian 40 1 Oil & Sharpe ■Canadian Sabre-Pinon A_ Natural common $1.20 Calif. Water 31% class Fearless Bowling Corp of America-—10c Bowser 30 Ind Houston Botany Industries Inc— Bowman Rose 41% Texas Eastern Transmis Texas Industries Inc_ 12'A'" Manufacturing Roddis Telecomputing 8(4 22% 50% Co Corp (H 6% 7% 13% 164 Inc 21 % 12 Houston 14% Robertson Fund 5 — Myers 38% 12 y4 Bryson Inc.—_1 & Techno 1 Gas Rice 5 23% 5% 12% 1 25c A Robbins Rockwell 46% A Brand 29% Corp Class Stoker I_l Co Tappan Co 47V2 Co— Roadway Express class 42% 11(4 Hudson Riley River 20% 11 Inc . Co 21% _1 29% Tampax Inc 1 107 39% Light Co_l & 77% 19% 107 43(4 6 73% 102 Broadcasting 18% 27% 38 % ;5 Corp class Republic Natural Richardson Co Si 103 * 1 25 '/a 49% r 46 Inc Purina 98 5 Inc 23% Ralston Tkft 6% 17% * 13% > Ask 6 1 1 Products Radiation 50% 36 Inc. Houston 178 47 1 Inc — 11% 168 1 Inc Co 12% Bid 1 5 — Alegre Sugar Corp Ltd- 27% Splendor 19 y2 Mexico 102 Houston Bettinger Corp Billups Western Pet Co Black Sivalls & 6% preferred Voltage Engineering— Hilton Credit Corp. 62 y2 New 1 Co 10% of 10 High 18'/a 1 Beryllium Hills Hidden Co _1 Curtis 57 __25 Corp Berkshire Black 12%;* • Manufacturing Bros 11% —-1 — Markets— A com_10 Co Hewlett-Packard Co 8% Serv Purolator 5 Instruments Heublein 23% 7% 10 Laboratories (A J) Beneficial 22 1 _ Hamp Publications cl A_25 Hearst Cons 15 '/a New Purex * Aluminum 15% 87% 1 Inc Bayles Bemis Harvey 10 y8 14% of 23% Inc Brace Co Petroleum 22 common—1 83% Inc Baxter Behlen B Serv 20% — Co class Mining 10 Co Tools Mfg 9% Class 2.50 : Gas Baird Cosco Pub 28% 36 5 Pubco 22% Xerox 2 7y2 Stubnitz Greene Corp Susquehanna Corp Systron-Donner Corp 8% 27 Producing Properties Inc—10c 5 Haloid Co America 15% Punta , 7% * 31% Pub 1 14 Va 21% 3% Co Electric Co of 13 20y2 21 Va , 10 y4 Co Corp Gas Rubber Genl Co 12% _* (M A) Potash Corp__5 Power Inc Portland 9% Hagan . Plymouth 11% Capital Inc —1 Chemicals & Controls—1 Co—5 Construction Associated . 14% 39 y2 Ask 1 1 14% -1 Grolier Inc 11'. Natural 34% : 19% Calif_l Corp 12 4 preferred Public Mountain 36% common—. Participating Arizona Green 34(4 7.50 Inc Co of Glickman Corp class A Green (A P) Fire Brick 3% Corp Co— Anheuser-Busch Arden class Corp Pioneer Lumber Bid Par Bottlers Cement 29 Giddings & Lewis Mach Tool—2 Glasspar Company class A 1 Finan Pickering 33% 3iy2 10 Co— Telep (Calif) 5% Ask 31% __1 ; Service General Permanente Bid ♦ Inc——1 —1 Land' Pepsi-Cola Ask Friday, January 20) by the "asked") at the time of compilation quotation furnished any a (indicated 45 45 ^ 48(4 19(4 21 42"% 45% preceding page. Wachovia Bank & (Winston-Salem Trust 34 .. 113 62% 66% Co C) 5 25 Va 26% Wells Fargo Amer Trust Co—10 57% 61 N 46 The Commercial and Financial Chronicle (418) NATIONAL LIST OF OVER-THE-COUNTER SECURITIES Mutual Funds 25c Fund Inc -1.25 Business Shares 1 Investors Fund--—1 Mutual Fund Inc 1 Affiliated American American American Fund Resources 7.57 8.19 Investment Co 4.28 4.57 Investment Trust Investors al4.90 9~59 8.87 Istel of 21.70 23.68 9.27 E-3 (Low Priced Bonds)—__1 15.24 16.63 4.24 B-4 (Discount Bonds),———1 9.36 10.22 12.83 K-l (Income 1 8.93 9.75 -1 15.70 17.13 20.88 22.78 5.44 5.91 8.53 3.88 ———1 9.47 10.35 Fund Inc.—1 12.09 13.21 S-2 1 18.16 19.63 S-3 Investment——50c 12.63 13.65 S-4 Blue Ridge Mutual Inc—— Street Broad Fund Bullock Ltd (1954) 14.19, 7.08 15.37 16.56 17.92 1 w_, 1 Fund Canadian —1 Ltd Chemical 10.65 Life 11.64 Loomis Electric shares 50c 11.44 12.37 General Industries Corp—100 14.200 14,900 Shares 100 -1 1 138 132 2.37 X3.47 3.80 Massachusetts 21.22 19.52 1 8.39 14.82 16.02 17% 19% Inc Corporate Leaders Trust Fund— 1 ' Mutual of Shares Corp 60.93 Nation 11.65 12.81 National Wide 10.06 11.02 Diversified Investment Fund—1 8.94 9.80 Bond Dividend Series Eaton 25c Stock 50c 11.60 12.40 50c 12.67 13.54 Corp—1 Investment Energy Fund Equity Fund 7.53 8.23 Inc—; Inc —10 20c 1 Fund Growth Stock 8.00 18 8729 12.82 16.33 17.75 Fidelity 5 15.68 16.95 Fiduciary Mutual Inv Co Inc—1 Industrial Fund Florida Growth Fund Mutual Fund Inc_l Inc Florida Inc Founders 10c 1 Fund Mutual Franklin Custodian *' Funds stock Fundamental Futures lc Inc 5.89 Philadelphia Pine 2.57 Street 2.83 6.83 Price 3.00 9.29 10.18 1.04 _1 17.91 Fund Capital Corp General Investors Group Trust (T 1 Putnam 7.08 19.47 lc Equip Shares—lc Building shares —-lc Capital Growth Fund lc 9.08 Selected 7~ 33 State Street 7.00 7.68 Petroleum Railroad RR lc shares—lc lc Equipment shares Railroad Steel lc shares Tobacco shares 1 Series ,10c 5.34 10c 1 8.58 of & Co„—5 10 Co 203 Firemen's Fund (S Md F)__ & Republic Ins Co__ 591/4 62% 8% Jefferson Standard 12.49 119 126"— 37 23 25% 58 St 39% Paul Fire & Seaboard 'Life 22% (N Y)____ Irisurance„2 Ins Security Life 66'A of Amer— 5% 1 6% 5 40 10 "57 Co Bonds— & 56% Springfield Fire & Marine—2 34% 37 % 104% 109 % $6.50 preferred 10 44% 48% Standard Accident 10 58 % 61% Standard Sec 10 96 —_—10 •„ / 52 10 Life Ins Y)__2 10.97 Title 101 9% 32% 36 '/a 5 99% 103% America..2.50 30% 32% Guaranty Co ,(N Y)„_ — Amer Life Travelers Insurance Ins Co of Co.i Fidelity & Guaranty Co 8. 44% U S Fire U S 34% 51 Va 55 % 34 Life Ins Co in City of N Y..2 47 32 5 (Va)—5 20% - . Insurdnce =..3 Westchester' Fife 22 2 36% Home Loan Bid Feb. Ask Banks— 15, 1961 15, 104.4 ... 32nds of more or /.//■'/ ■ a point Banks for Cooperatives— 3s Feb.'. vl, 1961— 100 6 Fund 100 8.96 14.42 14.57 1 7.79 8.42 1 15.01 16.32 1 15.49 1961—^ 100.9 100.11 3 %s Apr. 3, 19.61.: 100.4 100.6 17, 1961 100.4 100.6 3 %s Jun. 1, 1961— 100.5 100.7 May 15, 1961— 100.7 100.9 2%s Aug. 1, 1961wi 100 100.2 Apr. 15, 1963 6.95 7.60 Natl 99 P'ederal Land Bank Bonds— 99.24 Mortgage Assn- 4s Apr. 3, 1961 100.9 100.11 100.6 4%s Mar. 10, 1961 100.9 100.11 3%s 3, 1961 100.4 4 %s Apr. 10, 1961 100.10 100.12 4%s Jun^ 20, 1961 100.28 100.30 May 10, 1961 100.19 100.21 4s Sep. 20,-1961 100.23 100.27 4%s Jun. 12, 1961 100.27 100.29 3%s Feb. 20; 1962^ 100.10 100.14 5%s 1962- 101 101.12 Apr., Sep. 11, 1961- 4s May .1, 3 %S Feb. 13, 1962— 100.12 100.20 4%s Aug. 20, -1962 4%s Sep. 10, 1962 102.16 102.28 2%s May 1„ 3%s Mar. 11, 1963. 99.20 100 4%s Apr. 4%s Nov. 12, 1963 101.20 102 4s Oct. 20; 20, 4%s 102.4 102.20 4s Oct, 20, lul 101.12 3 %s May :-2t .1966— 98.8 4%s Mar. 2Q,nl968_— 101 4%s Mar, 20, 101.8 % 102 16.84 1 • Mar. Apr. 4%s 9.74 j -1 101.15 Jun. 10, 1965 4 %s Dec. 12, 1966— 3%s Mar, 11„ 1968—— 4%s Apr, 10, 1969—— 101.8 4%s 103 — 97.16 % 101.17 102 102.12 > 98.28 1964— 101.28 102.12 1964r 198.16 100.28 100.4 1965— 101 101.8 97.8 1969—— 10, 1970—. 103.24 : 4%s July .15,-1969 10, 1970— 99.12 99.28 : 5 %s Feb,; ;20,. 197D— Aug, 10, 1971——— 99.8 99.24 ' 3V'2s Aprt~ vF%197:0w_x- 5%s Feb. 10, 1972—... 106.16 5 %s July'20,■,•1970—w, 106.8 4 '/2c Oc t, ,' 101.8 102 3 Vis 9.26 Apr. 10.02 11.12 May 1971 94.8 95 4 Vis Feb. 15, 1972-1967. 99.24 3%s Sep. 15, 1972 97 107.8 r 12.15 Corp * • . . Inc.— /. 103 ,197Or 1967 1, a36.09 11.81 Fund Figures after decimal point represent 12.77 —1 7.95 8.66 1 10.27 11.22 Inc Growth Fund Twentieth United _lc Century Growth Inv_ Funds Inc— Accumulated United Continental United Income Fund Shares_l United Science Fund -1 Fund—_1 Fund Canada Line Income 1 8.43 7.71 Fund Feb; 15, 14.16 7.49 8.19 May 15, 3 Vis Aug. 1, - 9.38 1 16.64 6.49 7.09 5.37, Street Investing 11.98 Whitehall Fund 10.93 11.95 Winfield 6.30 6.89 Investors Fund Corp 1 Inc 1961—— 100.18 100.20 1961 100.9 100.11 3.57 3.90 8.97 15, 2%s Feb. 15, 1 %s Apr. 1, 1963 4s May 15, 1963 Wisconsin Ind 10.06 Fund 14.29 1963___ 1, 1961 99.26 99.30 l%s Oct. 1, 1961 100.11 100.13 4%s Nov. 15, 1961 100.23 100.25 l%s Apr. 1, Consumers Deere El 1 14.24 15.52 12.62 -13.30 6.50 Northern 100% 102 % Pacific 1977 6s__1972 106•% 108% 201 Phoenix «r4^,S Mueller - 100% 100% 5%s__1977 118 % 119% 1975 127 1976 102% WW- Textron 104 Brass Amer 5s— 100% 10iy4 112 95.16 104.4 94.16 1971 4%s —1985 U ,* S Industries 5%s 99.14 4%s May 15, 1964 103.28 104 100.27 3%s May 15, 1964 100.18 100.22 4s Feb. 15, 1962 101.4 101.6 5s Aug. "15, 1964 104.28 105 3'As Feb. 15, 1962 100.13 100.15 1 %s Oct. 1, 1964___ 1 %s Apr. 1, 1962 98.16 98.24 4%s Nov. 15, May 15, 1962 101.11 1 Vis Apr. 1, 15, 4s Aug. l%s Oct. 15, 1, — 101.9 101.16 101.24 4%s May 97.20 1962——11962—^ 97.28 l%s ^ 93.16 1965— 93.24 104.18 1964 Oct..,;!, 104.22 92.16 , 1965 j 103.28 1965__ 91.12 . 99 Bid Due Dated Ask Rate 4.55s 5- 2-60 2- 1-61 100 100.2 3.35s 4%s 6- 1-60 3- 1-61 100.7 100.9 3.20s Dated 10- 105% 107% 77 % 104 y8 Due Bid 7- 3-61 100.9 100.11 8- 1-61- 100.7 100.9 9- 5-60 4- 3-61 100.7 100.9 3.15s 5-61.. 100.7 8- 1-60 5- 1-61 100.5 100.7 3s 1- 3-61 10- 2-61 100.3 9- 1-60 6- 1-61 100.5 100.7 2.95s wi 2-1-61 11- 1-61 Bid 99.985 99.988 May 4, Feb. 2, 1961 99.946 99.951 May 11, 196lJ____ 1961. 99.903 99.910 May 18, 1961 99.863 99.873 May 25, 196U_ 1961 99.819 99.832 Jun. 1, 1961/j__x 1961/____• 117 Mar. 2, 1961 99.773 99.784 Jun. 8, 105% Mar. 9, 1961 99.725 99.738 Jun. 15, Mar. — 16, 1961 99.682 99.697 Westcoast Trans 81 Wisconsin Elec V- ,1961:l:_:;__x:____ 22, 1961 99.646 99.658 Jun. 23, s:196iUxL_*xX_^ 1961 99.633 99.646 Jun. 29, 93 95 Mar. 30, 1961 99.589 99.604 July 1961 99.550 101% 102 89 * ' : 85..; : : 13, 1961 99.502 99.524 15, 1961 99.485 99.503 Apr. 20, 1961. 99.447 99.459 Apr. 102% 6, Apr. Apr. 27, 1961 99.413 99.439 1988 1990^ 90 104% 99.570 6, >1961% 13, July July 20, ..H961 > Cxx ;89 98 Vi 105 ■ - ; FOOTNOTES FOR 99.124 99.047 99.078 . 98.967 „ 16, ;196Ui:' xii / Jan.. ,15,.^1962^%_._ 98.993 98.918 98.953 98.870 98.893 . _u_ „U 98.846 .,98.808 98.832 ..•►98.774 98.803 .98.094 98.123 97.313 97.352 . ; -%•- OVER-THE-GOXJNTEjl ISSIJES" *U'-- •No New par value, a Net asset York. Stock Exchange, 98.988 ...98.960 ;v.98.822 15, „1961v%_ 92 99.169 ...;.99.093 . Oct. " 99.234 T96Tlxx_——_ July ■ 99.278 99.200 99.140 ... 23, 102 % .1970 ■ 1961^1 Mar. 210 99.246 ., ^ _ 99% 1980 5%s—— 5s__ 22, 99.355 .... __ 98% ; 751/2 77 Jun. 99.397 99.325 . 1961_____ 16, 23, Ask 99.369 1961_ Feb. 105% 122 100.5 Yield Price 1961 9, 100.9 100.2 Treasury Bills ASk 26, Feb. 100 Yield Price Bid Ask 3-60 11-1-60 7- 113 119% Sons— 74 91.20 121-60 •- Jan. 118% x—1971 ___.1975 92.24 104 Federal Intermediate Credit Bank Debentures Rate < 1980 4%s„. ——— 94.24 99.10 Apr. 5%s Air Lines 95.24 104.8 100.25 Mar. 1985 Underwood Corp —.—1981 3%s 1967 -1971 United Gas Corp 5s 5 %'s 110% & 97 75 % 1982 ww 98.26 96.24 101.26 1962 United States . < 96% 1980 5%s 101.24 1961 104% 104% United ,134 1984 4%s_^. Rand Tennessee Valley Authority 4.40s Ask 1, Feb. Sperry 4%S—1985 .v.' 15, 98 1995 ww / Feb. Ask 96 104 % .1969 5s Southern Bell Tel & Tel 5s_1997 Light 4%s__1991 (Mi 5%s_ Electric Sheraton Co of Am 5s Gas Electronics Lowenstein 1973 107"% 131 Loral 1977 — — Steel Potomac 171 6s ww 5s 105% 1977 & Petroleum 5s—1990 205 Gen'l Tire & Rubber 6s ww_1982 Hotel 1976 Power 105% 3%s Iowa Power 5s States 101% Fruehauf Trailer 4s_— General Port Cement 5s Hilton Bid Can •» Oct. 7.02 4%s_____1990 Credit Natural Corp National 101 "' 1 %s 14.34 Bonds— 125 100% 97.24 3%s 13.64 10c 1990 Power (John) Paso Ferro Ask 122 100.16 101.22 1964 Security & Conv. Debentures Issues Consol Edison 5s t 96.16 1963 1, 98.22 — 1963 15, Aug. 15.53 1 Inc 101.20 3.10s 5%s Commonwealth Oil Ref 95.8 107 10.99 1 —1 Fund 1962 May 9.80 _1 Inc_ Growth Bid Nov. Apr. - . Wellington Equity Fund— Wellington Fund 97% 106.24 point a Maturity—■ 4s 5.87 _—— 10.95 95% . 4s 15.62 17.98 Line Special Situations Fund Inc —10c 3%s 3%s Value lc 1982 ; .94.16 ,; Treasury Notes (Continued)— 1961— Treasury Notes— 12.34 11.35L 14.29 Inc__1 Ask 100.7 friore 32nds- of l%s 13.03 1 Ltd_: Value Line Fund Inc— Value 6.87 or 100.5 Maturity— Certificates of Indebtedness— 4%s one Bid 4%s 6.28 | United 20.63 Fund-lc Carrier Corp 4%s Chance Vought 5%s 103.24 106 ■/ U. S. Certificates of Indebtedness and Notes tes 7 a30.13 8.58 Bid 98 101.24 4%s a9.35 1 10.10 47/aS—1981 Burlington Industries 4%s__1975 102.28 1963 4%s; Sep. -: ' 100.2 3%s 11.96 1 7 94 Opt 41/2s__1979 Aik / Bid l:r. 3.30s 11.90 11.84 37% 9.24 Finance 55% 8% (N 39 % 1 - Lomb Beneficial 60% 52% 3.30s Bausch 44 5 3.80s Recent % 36 62% ' Trust & 63 % 33 Vi Marine——6.25 Seaboard Surety Co___ Security Ins (New Haven)./ 15.36 Wall lc Corp Insurance 3 %s 2L 60 19.71 Inc__—1 Washington Mutual Institutional Income Fund 4% 3% Obligations of Government Agencies 6.96 * — Investment 2.82 Growth 20% • Insurance Co of N Y__10 Federal 6.41 Shares—1.25 8.56 Institutional 87'A 19% 2 Figures after decimal point represent one 13.65 Townsend U S & International Institutional 59% 83% 10 1 (Texas)—10 Reinsurance Republic 15~89 Texas 5.83 55% 51% 20% of —5 Co 48- 86% 191/4 Corp 2 5'A 10 Ins Republic Natl Life (Jacksonville Fla )_2 % Co 59% 23% 5 57 52% Insurance 55 5 10 Pyramid Life Ins Co (N C) 82% 49% Co Life 35% 33 % —10 Co— — 54 __5 Boiler Co_ Insurance Quaker City Life Ins (Pa) 99 Steam 45 % Providence-Washington 68% Insurance 42'A ' 54% 63 Hartford Indemnity Phoenix 9% (51% 21 Life 14Va 12% Ins Co of N Y Philadelphia 67% 93 Gulf 14.15 50c . A. Fund Pacific 41% 63 5 American 12% 3% C) __4 (D 45% 3.33% Insurance Pacific Insurance Co of N Y 5 Employees Insur 42% Peerless Employ Life Ins (D C)_1.50 Govt 36% —2.50 — 80% __4 — 54% 33% 97% 38% General Reinsurance Corp—10 Glens Falls 66 51% 3 • 30,% 62% 76 2.50 Franklin Life Insurance 1: 18% 46 '/a • 27% Co—..——5 < 93 - 4 Deposit of — 131 17% •; 43 % 456 193 1 al4.12 Clark— & 783 Shares Ltd— Inst Foundation Fund 438 5 14.91 13.09 ._1 — 2.58 Fund—„1 Northern Fidelity Bankers Life Ins__. 4%s 13.64 2.50 Income Foundation Fund Inc 10c Incorporated Investors 24% Fidelity al4.26 1 Inc Income Fund of Boston Inc 1 1 1 Television-Electronics Fund 11.38 a26!83 _lc 22'% Inc_ Insurance River' (Ky) 2 Co__—5 1 5 com. 4.45s Investors Balanced 5.23 Incorporated Income Federal North Northeastern Eagle Fire Ins Co (N J) 1.25 Employers Group Assoc— * Employers Reinsurance Corp 5 9.84 .1 (Edson B) Fund United Funds H-C7 Forster 15% York Fire Ins. 34% Life—__10 Casualty & New 131 125% Ins- —10 AA Fire. Corp class A———5 New Amsterdam! Casualty 2 New Hampshire Fire__ 10 321/2 11.59 14.03 a20.84 Series H-DA General Assurance 8.98 9.00 10.72 -1 Stock Fund———— Hamilton Funds Inc— Haydock Fund Inc Imperial Capital Fund Inc 8.22 — 14.70 12.49 20.03 Inc Connecticut Inc Nationwide —5 6.51 1 9.47 —lc 25% Insurance Co 5.96 Sterling Investment Fund Inc__1 9.06 Inc___1 59% Lawyers Title Ins Corp Inc Stein Roe & Farnham /L34 lc Utilities Growth Industry Shares Guardian Mutual Fund 55 23 Line Union 65 123 V __J__l—10 Accident & 10 8.19 1 5.54 lc shares Boston 4.04 Sovereign 2.16 _xlc Stock 48 V*-. Life_x—14% 3.70 Southwestern Investors Inc_ 5.70 10.39 44 al4.49 8.15 lc 5 10 7.49 1 7.23 lc shares— Smith 13.05 _lc shares Bond Old National (NJ)_J_2 Ins 1 Shareholders Trust of Boston—1 10~35 shares Natl 8% - 13.92 Bond Life 3 8 Comwealth Life Insur Co Federal Inc American 9.45 Machinery shs Natl 2% Shippers Standard 1 Fund Stock 7.92 Merchandising Mining shares Natl Life National Firfe 38% Fund— Fund Stevens Common 12.71 Institutional & Bankers Beneficial 39% 61 1 D (Galveston) American Re-insurance Bankers ,47 % 36 (Bait). 35 al8.74 9.95 6:16 6.68 Corp (Wash Ins Jersey Scudder Stevens & Clark Fund-l 8.63 lc Industrial 2 Nat 5.99 al2.92 Stock Fund_lc (The) 1% Investors Mercury 5.48 , Canada—25c Fully Administered shares—lc General Bond shares—-xl lc shares —1 C)___l American Amer Amer 44 Assurance .12.50 Life 46% 1 Inc Fund 12.87 Food 29 2% 5 Fire 43% 7.70 lc Common 271/4 (Newark N J) Indemnity & Life Ins_ Ins__10 Growth Stock (Geo) Scudder Electrical shares 45 % Ins_5 Merchants Assurance—5 11.67 Quarterly Dist Shares Inc Aviation-Electronics— ; / Chemical 41 Home 10.68 : Fund Scudder shares American Amer Ins Co Mass Bonding & Monument U S Inc Rowe) Puritan Securities— Automobile 7% United 1 Fund Inc Putnam Growth General 35% 6% 3% Inc Fund Fund Pioneer 6.21 2.72 1 : 331/4 5% Square Mutual Fund Peoples Securities Corp 2.34 12.10 43 65% Penn 6.44 2.14 3% 39% 40 2% Over-Tlie-Counter 11.13 3% 37% 4% — Securities Fund 1 1 Massachusetts 62% Fund 4.77 239 Loyal Amer Life Ins Co Inc American General Insur Co_1.50 American Heritage Life Ins— (Jacksonville Fla) —1 Chemistry & 19.34 229 Maryland Casualty 9% . 4.36 10 : 16 % 5 1 Shares Life 21 50c — Street National 15% 8% Hanover 3.45 Inc 19% Insurance Series 17.89 1 Investors Fidelity & Casualty_5 preferred— 5 Fidelity Life Ins Co_l conv American 10.62 Capital Fund Oppenheimer lc series Lincoln 5 Home Series—. Fund William lc stock series 21% —1 Stock Electronics One Inc— Series Bond Common Preferred 20 Assur Home Owners Life Ins Co (Fla)_1 Series Nucleonics 14.02 1 Financial Equitable 15.91 of Canada Ltd-. 19% 25c Inc American 22.41 __——_ Stock England New York Fidelity Capital Fund Fund 14% 63% 14.72 Series Growth New a22.00 Inc Federated Preferred 18 Vi 59 Vi 20.72 ——1 — 65% 17% Life Insurance Co of Va___,—10 1 Series ———————1 Income Fund Eurofund 16.67 V v Fund Balanced Electronics Balanced Series 3.37 15.34 Inc Howard— & 3.08 1 Shares Fund Dreyfus 9.68 National Securities Series— Inc—1 Ask 62 34% Inc_l Co Corp 2 31% Hartford Fire Insurance Co Securities Investors (Birm) Casualty Ins Co of Tenn_3 13% Insp & Insurance 10.77 Dividend 16.28 Shares 9.79 Fund 15.06 3.17 60.32 Life & 1 17.42 Fund Inc—_1 Stk 23.20 al3.83 17.25 94 % Life Companies Great 1 Liberty Natl Life Ins 90% 5 Bid Par 108 98% Gov —1 1 —; 21.46 beneficial interest-—_«1 Mutual Trust 8.01 '■ 1 Investing Co Inc De Vegh Mutual Fund Inc— 16.96 Foundation— Fund_: —10 Insurance Ask 102 95 Globe interest—1 beneficial Investment 1 Vegh 14.76 15.69 changed to Mutual Investing Foundation—1 21.04 7.33 ' ■; 13.65 Fund— Life Income Mutual Fund 2.85 Stock —.—33 %c — Life Bid _10 Agricultural Insurance Co_^__10 Name Inc Investment r 6f Units I 19.24 B Growth Inc Mutual 2.60 Trust Investors Investors Massachusetts 9.12 1 Consolidated Investment Trust_l ——lc of beneficial int—33V3C shares Mass Fund Inc 3.76 X2.16 Composite Bond & Stock 1 2.47 3.43 shares Transport shares Fund Inc X2.25 lc 9.93 Growth lc —lc Petroleum 17.58 Diver 3.93' Special Investment shares--lc 10.57 Delaware Income 3.59 11.61 9.14 Fund shares—lc 14.51 9.72 Income 2.99 — Aetna Crum 2.73 10.62 1' Fund shares Aetna Insurance Co Continental al4.99 .—lc — Surety Continental 13.28 16.17 Delaware a27.28 Sayles Mutual Fund—* Funds— Metal Income Western 1 Paper shares -, Fund—1 De 6.71 Managed Stock . 6.15 Fund 16.95 Investment—-1 f. Inc—1 Stk Insurance 10.67 Fund Inc •' 20.18 10.15 Commonwealth Diversified 18.46 9.87 Commonwealth Crown 12.36 15.51 Inc—— Commonwealth Series 11.31 X9.26 Energy Fund Fund 1 -1 preferred Colonial Concord 7.32 16 % Loomis-Sayles Fund of Can Inc Colonial 6.59 6.01 6.68 15% Investors Inc—1 Life Insurance & 16.01 14.80 ——1 Fund 14.50 13.29 Inc——1 Lexington Income Trust— & -lc Securities Composite Fund Lazard —1 Fund Christiana 13.16 14.95 Keystone Fund of Canada Ltd-1 Trust of 12.06 13.70 Com Stks)-1 (Low Priced Boston Shares Fund 7% Shares Ins Stock Fund Growth Century Chase Inc— * International Growth Capital Life 1 Stock)-—1 Com Knickerbocker Growth Fund.—1 __X—- Canadian Fund Stocks) Com (Growth Casualty $1.25 (High-Grade Com Stk)—1 (Income Knickerbocker 7.74 14.22 Fund— General Canada 12.95 1 Inc— Fund California —1 Ltd — Fund) (Growth S-l Ltd Canada K-2 - Fund) Aetna American (Medium Grade Bonds) _1 Inc—1 Inc—5 Axe-Houghton Stock Fund Inc.l Boston Fund 33.63 B-2 (Investment 11.80 32.97 25.55 B-l lc 12.90 24.48 5.61 & Elect'nics Corp 11.80 ai3.29 1.68 Axe-Science —1 Bonds)—;~1 24 % 1.53 5.14 Axe-rTempleton Growth Fund 12.73 < Johnston (The) Mutual. Fund-l Keystone Custodian Funds— 23% Axe-Houghton Fund "A" Axe-Houghton Fund "B" 11.53 11.65 —1 Corp___l —* Dev 10.55 Fund Inc Trustl Atomics & Fund Associated 5.65 Monday, January 23, 1961 . Companies Ask Par Boston—1 of Research Fund Bid 5.17 America—-1 Physics & Science Fnd 1 Research Amer Inc . (Quotations for Friday, January 20) Insurance Par lc Funds— Mutual Intl 2.40 2.19 Fund Aberdeen Ask Bid Par Funds— Mutual . « bBid yield price, d Exlrights;, k Admitted to listing on the t New stock., x Ex-dividend. wi When issued, y Ex-stock dividend*' value. .. Volume Bank clearings 193 this pared with a year based Number 6023 week . . The Commercial and . show^ an increase com¬ telegraphic advices from the chief cities of the country, indicate that for the week ended us, on Saturday, Jan. clearings from all cities 21, of the United from which it is possible to obtain weekly 8.6% be above Our year. those for preliminary the this center there is stand the at week last $29,962,558,916 week same States in 1960. a Week Ending Jan. 21— 1961 York New Chicago Philadelphia Francisco San 464,200,000 864,550,000 Baltimore 396,303,706 going to Ten cities, five days cities, five days__. the elaborate Total All all cities, cities, one one five 5,606,123,565 days. we day * Jan. For 14. that week there 1,121,224,713 .___ SUMMARY of Number * 1960 shrs; 77,354,585 72,244,193 & misc. $122,924,000 $150,433,000 • ;V 766,693,818 Internal'l Foreign Govt U. S. • _ _____ 7,251,500 Govt _ ______ . York 9 _ Philadelphia Cleveland 6.3 +' bonds__ 0.1 OF BANK 11th San 10,836,176,481 .. 13,606,923,780 861,592,296 855,649,063 •« 17 i York 40,197,732 Six Third 1st Nine a For that Fouiuh body 75,886,965 50,305,141 48,309,665 70 968,740 54,178,523 in and 56,618,288 810,790,891 766,864,987 A- 741,143,365 675,795,719 8.1 Ar 798,016,455 161,101,952 71,971,820 180,074,388 + 12.4 13,226,452,781 + 179,459,738 203,341,340 totals in¬ an was of 2.8%. of San 622.163,477 501,687,616 61,330,245 95,087,094 72,244,193 75,917,826 Cleveland .; Dallas A 1,. ; 198,132,802 245,370,690 3.7% 820,296,279 of bank Kansas 747,058,306 . '*. Louisville New .. Orleans Seattle * 814 736 711 656 627 638 7,809 1,909 : 1,694 1,791 1,739 1,878 1,610 1,310 926 -—-930* 990 932 997 1,280 S ■ 876 1,095 941- 1,113 1,180 . 830 1,103 931 841 814 807 729 i 942 983 940 831. ==-•817 . 1 Denver ; 961 St. Paul.... Memphis .. Buffalo Washington. 611- . Other trict Cities We 629 757 683 631 699 677 590 57,204 65,429 37,148 39,494 38,413 31,567 27,689 24,003 25,181 20,443 24,642 21,468 21,855 9,956 now 9,317 31 the Francisco San 8,697 add our 581,449 57,659 59,063 38,786 35,8b6 34,871 30,329 23.675 24,966 21,213 36,258 35,458 27,888 24,685 22,423 23.290 18,901 18,985 £ 14,861 12,728 11,286 10,061 10,615 10,575 13,056 10,667 10,144 10,925 11,074 12,436 11,478 14,773 11,865 13,199 9,211 10,724 9,252 8,536 7,429 7,261 8,194 7,661 111,796 108.449 I960 ' River smaller Inc. $ 67,841, 005,568 1957 1958 or Dec. % $ . $ : 7.6 — 4,131, 707,668 3,823,877,683 5.4 58,949, 044,386 58,822,917,873 5,582 655,269 9.7 5,461, 360,659 4,985,035,309 6,713 203,573 7,361 585,645 8.8 6,949, 974,226 6,951,560,928 " r 3,705 272,117 3,784 241,325 2.1 3,743 180,795 5,042 409,516" ^ + 3,405,578,716 5,986,163,792 " 3,730 ,657,264 Louis St. 16 1 -,3,809 ,780,741 ■ ! 2.1 ' , " 3.322 ,729,786 3,274 ,809,350 14 M 4,641 451,834 4,619 ,086,882 0.5 4,722 519,793 4,231,943,075 " 5,069 ,251,717 5,184 ,128,781 2.2 "4,959 ,694,023 4,477,906,873 18 " 7,137 ,642,106 7.357 ,295,286 3.0 6,967 655,246 133,278,374,176 132,225,082,668 0.8 120,344,085,305 63,903,411,015 — 1.5 3,539 ,636,913 11 Minneapolis City Francisco 66,587,649,402 4.0 63,370,044,376 175 cities _- York New City — Boston 2,842,027,746 3,260 194,297 r 6,154,152,571 — 4th Cleveland ; 9th 10,345 11.291 8,593 10,969 8,474 7,167 6,950 7,299 7,313 6,983 1,194,809 97.788 20,869 20,876 20,556 Springfield- Outside City Haven Francisco + 10.3 '604,777,189,823 645,249, 656,222 " 0.7 11,200 • - -8,002 . 73,865, 618,189 ' York 43,752,003,423 43,077.469,893 + 1.5 40,094, 404,809 " " 81,823,179,399 77,305,712,126 + 5.8 69,045 147,842 134,487,498,508 130,036,121,880 + 3,4 117,268 404,476 " 41,813,516,048 40,564,951,891 + 3.1 36,578 561,504 " 38,632,411,544 37,891,692,404 +.2.0 " 53,211,733,655 53,063,686,028 +, 0.3 50,457 599,447 47,055,787,020 57,971,727,641 57,642,789,176 +; o.6 51,718, 061,705 51,938,673,887 82,031,144,266 79,745,394,497 + 2.9 72,200 563,679 70,954,145,859 1,492,016,140,418 1,403,369,018,787 + 6.3 1,292,597,389,724 k,258,155,247,370 734,907,762,631 + 2.5 668,986,217,848 676,705,497,656 " City 34,663 533,033 67,770,924,942 - 121,791,774,598 36,707,822,215 32,279,889,860 by months for two years: -Clearings Outside * 59,661 046,704 64,132 174,994 53,127,642,757 +12.3 61,365,739,743 + 4.5 6.2 185,902,745,550 174,779,310,279 + 6.4 1.3 60,725, 500,866 61,362, 757,068 8.8 63,055 ,180,759 60,608 ,268,647 8.3 64,964 586,825 63,269. 024,729 115,201,713,433 102,025,256,873 + 12.9 116,879,049,529 + 358,569,968,495 337,509,875,712 120,116.4^1,482 118,539,871,875 Quarter 123,507,007,607 131,644,317,577 Total Quarter- 2nd Total 6 375,267,736,666 691,136,562,473 Months July— 119,069,253,950 August . 9 A + 1.9 360,019,360,723 + 4.1 3.2 59,987 ,520,818 65,036 ,906,684 + 18.2 65,573 ,223,205 59,694 ,318,221 + 9.8 60,365, 851,646 + 3.6 + 12.0 62,559, 806,316 345,419,330,597 8.6 188,120,550,338 185,097,076,551 + 1.6 545,116,437,274 + 3.2 4.2 63,639 845,757 62,773 398,061 + 114,261,123,758 9.0 63,100 ,042,873 60,430 ,277,894 + 132,225,082,668 0.8 63,903 411,015 66,587, 649,402 383,195.222,046 366,813,125,717 4.5 190,643 ,299,645 189,791 ,325,357 + 0.4 1,492,016,140,418 1,403,369,018,787 6.3 753,411 863,983 734,907 762,631 + 2.5 Quarter 1959 $ $ : 221 298,559 + 7.8 6.6 9.0 18,448,465 — 6.0 —14.1 130. 322,989 206 586,384 198 894,528 11,630,981 " • 414 097,140 371 792.596 40,759 040,490 39,494 083,021 — 9.0 3.3 210 841,079 • Dec. % 1958 Inc. or $ $ Dec. % $ 1957 $ + 13.3 7,629,060 2,703,434 8,680,703 3.3 712,689,306 693,054,312 3,750,640 3,655,243 — 4,502,865 1.7 + 11.4 9,313,531 4,607,037 8,221,308 + 3.2 814,795,737 788,867,263 4,102,065 4,013,386 2,146,696 2.068,769 + 3.8 + 8.4 4,045,528 4,493,796 + 22.7 16,867,469 18,086,233 + 7.1 4,528,231 + 0.4 + 5.1 198 823,706 + e;o 4,472,205 17,349,610 45,533,167 — 4,125,725 9.4 + 0.3 1.2 12.6 787, 314,488 699 593,910 + 12.5 21,289,193 17,547,510 1.2 2,837, 877,011 2,644 954,662 "4 7.3 60,302,953 870 395,588 4-4 and for week ended Jan. 14 for 4 years: 1959 1960 91 645,956 198 156,307 1.4 4.0 -Week Ended Jan. 14- Inc.or 131 853,151 * 96 324,173 + + years Month of December-——— 1960 — +11.6 . 120,326,919,291 for each city for the month of December and since Jan. 1 for 2 — 7.8 113,880,557,240 133 278,374,176 Months——_ Dec. % ' 185,240,050,444 374,648,014,000 125,321,839,407 — 68,754,655 188,745,268,450 6.2 562,768,564,338 — Inc. or 71,029,938 6.1 124,595,008,463 December 8,016,130 2.7 7.0 + 12 4.0 •+ + 108,575,118,923 108 820,918,372 November 4th , 1,036,555,893,070 1 ; October Total 1.0 + 374,983,213,211 Quarter-— Months Total — 127.534.629,712 ___— Total - + — 122,963,654,434 128,379,323,549 ___ September. 4* 353,626,686,761 733,837,705,161 + 121,566,155,567 June ■ ' 113,520,659,319 _j—. May 17,326,952 :+ ' — 3.0 + 62,109 ,523,852 125,871,839,970 1st 60,285,927,779 0.9 March Total Inc. of Dec. % $ 7.7 — 118,605,569,310 February April ~ 1959 Dec. c/o -$ A New York 1960 Inc. or 1959 117,496,415,092 January Total 3rd 255,761,576 ' years as Clearings, Total All- — 252,817,668 the $ 18,007,391 ► covers 1960 Month— 7,160 7,378 1,160,407 y 97.748 39,422,996,130 " 175 cities following compilation 7,149 7,059 6,574 : 79,388,928,669 ' MONTHLY CLEARINGS 10,344 1—7.893 New 61,842,242,054 57,135, 692,518 +-; 1.7 — 795 ,641,141 : 1,937,825 1,945~045 16.4 14,240,181 12,413,921 +32.4 45,197,834 42,110,954 + 15,073,528 1 28,470,108 26,541,671 +- 26,808,926 23,563,976 22,274,300 23,411,000 — 4.9 264 939,200 301 891,300 188,199,600 205,656,300 8.5 2,114 031,600 2,020 .329,300 + 4.6 45,390,833 + 9.9 36,667,600 17,982,755 2.1 192 877,483 179 ,376,474 + 7.5 4,022,997 + 0.1 3.485,285 3,271,438 —r 4J,318,300 4,022,133 34,317A 00 — 17,598,336 J Hampshire—Manchester 81,647,615,567 18 — 38,234,998 4,214,905,745 4,561,018,980 —'7.6 50,401 ,277,600 48,619,312,576 + 3.7 •1,016,382,059 961,841,897 + 5.7 877,822,519 848,296,157 —104,080,893 Waterbury Rhode Island—Providence 114 cities) : 3,697,674,796 77,443,256 " __A 83,048,921,149 11 The $ 79,246,547 ■ _ Connecticut—Hartford 61,903,942,999 " 753,411,863,983 — Dallas 10,477 12,481 10,018 17.892,256 ." 1957 44,224,872,307 44,320 146,300- 14 Minneapolis 18,902 7,291,999 — 691,870,329,750 61,461,166,227 3.7 7 — Louis Kansas 763,381,560,958 + 16 Chicago 10th Twelve Months 1958 16 31 - , St. the 12 months for four years: or 8 —:—— 7th " " 15 — 5th Richmond 6th Atlanta 50,401,277,600 *0 — 5,449,73?, 100 58,619,133,484 Dec. % 48,619,312,576 14 cities ... Philadelphia U Twelve Months Inc. 1959 15 ir-i, - 3rd Districts in Twelve Months $ York 2nd New + — by Federal Reserve append another table showing clearings 35,729,368 9,994,099 1 Bedford Total 0.5% District 7 1959 17,339,427 Holyoke New " 8 3.365,583,635 Portland New but in the Dallas by 2.2% and in by 3.0%. by are totals Reserve 10,448,536,049 3,320,037,486 detailed statement showing the figures A Massachusetts—Boston Worcester the 1957 623,611 •52,893 59,231 33,417 14,430 $ New 1959 4,561, 018,980 71,485, 985,463 " 15 Total 22,400 19,323 20,839 18,785 First Federal Reserve District—BostonMaine—Bangor 19.414,361 Fall larger are 11,064 ,951,061 132,225 120,344 115,449 1,492,016 1,403,369 1,292,597 1,258,155 66,587 63,370 58,619 753,411 734,907 668,986 676,705 at— Lowell totals District *3.7 Jan. 1 to Dec. 31 Clearings but 11,703 ,711,905 12th San 15,988 7,920 133,278 63,903 decline 11,271 ,778,678 11th Dec. 20,114 7,215 8^917 9,761 the Reserve 1960 559,946,890 1958 668,461 - "123,517 122,269 111,027 106,752 1,380,220 1,294,920 Total All... Outside NYC - 633 759 • 657 688 Milwaukee Nashville Y. Tot. 31 Cities :: ' .... a District of 2.1% DECEMBER 1959 664 5,145 3,161 3,073 3,070 2,637 2,065. 2,148 994 976 994 1,188 Omaha 5,596 3,175 3,361 3,464 2,625 2,371 2,066 2,229 1,791 2,091 1,834 -1,896 1,727 1,390 1,128 1.346 1,231 ... Birmingham IN 1960 846 924 Jacksonville. Portland Louis Reserve St. " -Jan. 1 to Dec. 31— 634 .. Baltimore .'. Cincinnati . 2,152 1,855 2,106 1,941 1,939 1,730 1,435 1,122 1,060 1,249 1,911 1,951 1,688 1,349 1,140 1,054 1,202 ... Richmond CITIES 819 Minneapolis. 5,069 2,125 2,159 1,810 2,136 City Atlanta LEADING 738,604 56,716 66,651 39,101 40,759 39,787 32,364 27,811 23,913 24,967 21,138 25,129 21,887 22,993 20,423 16,213 13,031 11,238 14,251 11,264 14,811 12,112 14,267 9,328 11,201 9,506 8,894 1,875 St.! Louis... Houston FOR 1957 - the Minneapolis Reserve District has to its credit an improvement of 1.5%, In the Kansas City Reserve Dis¬ 4,214, 905,745 Federal Reserve Districts clearings for leading cities for the 56,830 4,612 . The Chicago Reserve District suffers and the Twelve Months 166,668,141 1958 . Pittsburgh falling off of 8.8%, in the Richmond Re¬ a 31 We 54,468,183 766,693,818 3,365 11,885,802,228 6,594 166,238 Total 48,216,568 193,787,509 3,534 2,572 2,*29 * 24,955,281,821 '' 12,691,682,732 - • 393,278,749 63,983,390 74,365,770 56,974 ..... A ,2.8 126,543,995 64,558,364 t 54,430,640 1959 Fran... : District of 2.1% and in the Atlanta Reserve District serve totals reg¬ 36,872,530 62,002,284 77,354,585 65,637 5,151 5,964 3.345 3,697 3,569 2,889 2,492 .... Boston show ■ 7,145 762,936 1st 1960 .... Detroit 26,617,980,296 0.5 6,943 086,377 ,8th * 4,653 5,638 3,207 1,299,294,183 26,337,810,855 there 41,409,195 69,374 Yolk.. 602,877,142 1,431,891,411 " 48,262,270 57,518,442 CLEARINGS Philadelphia. Chicago 670,061,506 2.1 16 266,734,754 62,373,056 -Month of December- Omicted) New 725,807,691 2.9 — Atlanta Outside of December and the 12 months ended in each of the last four years is shown below: 1000,000 - — 682,913,794 $ 15 145.347,090 month BANK A 44,478,864 211,206,988 + course 2.5 — 1,576,888,327 14 cities 10 8th The 1,697,436,148 , 9.8 the 5th Richmond 52,558,561 64,351,283 . 69,496,464 1A-- 780,912,222 1,373,471,949 • + of 4th Cleveland San 297,846,276 Quarter.. Year 1,834,257,987 + of clearings Philadelphia 3rd 12th 51,051,873 December 1,454,438,389 0.4 789,283,502 the clearings for the Dallas 70,889,423 . 2.2 29,615,584,734 cities month York 2nd New Kansas 572,906,309 : _A___ + — 663,086,250 of summary • 9th 442,703,739 Months__ October Full Boston 11th 60,853,990 November 842,308,029 Month of December— 10th 53,870,465 Quarter.« 1,124,066,202 1,469,202,597 0.6 723,151,103 Federal Reserve Districts 35,651,568 V 65,349,933 September 13,591,256,824 1,224,105,400 831,000,299 Philadelphia Reserve In the Cleveland Reserve District the District of 9.7%. 48,160,955 392,831,921 Months 14.425,278,516 - 7th Chicago 202,650,982 ___________ $ 848,296,157 1,507,865,828 13,297,776,404 7.6% of loss 37,575,141 76,532,865 August 1958 $ 877,822,519 A; 7.4 1,543,660,715 a 121,387,664 68,826,830 July 1959 ia A II hut in the Boston Reserve District the 46,675,236 _ Quarter in falling off of 2.9% Reserve District of 2.1%. << ister 136,744,324 U._A Second City- but 809,838,765 -108 entire the 82,449,890 57,291,287 8.1% 853,397,145 City. aggregate 231,496,751 May June a of 794,376,541 10 furnish of 65,715,223 April increase an Kansas + 1,899,912,395 clearings houses of 0.8%, having been $133,278,374,176 and the 1959 aggregate of $132,225,082,668. In the New York Reserve District the totals record a gain of 1957 65,793,447 In II 9 - December. of 190,180,939 Quarter.. is 1.6 + — - 1,583,253,401 1,891,572,114 . 7 : 6 1960 6th 60,533,354 "First the 9.8%. it 4 __ also crease -Number of Shares- March District of + 23.7 1,210,419,436 1,618,295,563 City New We The volume of transactions in share properties on the New York Stock Exchange for the 12 months of 1957 to 1960 is indicated in the following: February Reserve 5.7 + 1,616,573,858 Francisco___ month the 1959 49,871,356 St. Louis '/<, Dec. 1,229,947,224 Dallas 12,000 83,253,414 the Reserve Inc. or 1,497,259,581 Minneapolis Kansas $130,175,500 $155,742,000 $1,346,419,750 $1,585,724,200 63,932,362 and Minneapolis 8.6 820,296,279 January 0.4% Francisco $ 0.1 + '1958 Re¬ but in the Richmond Reserve the there 1960 7 St. Louis *9th 12th 9.0 68,619i60o 1959 Boston CLEARINGS 11 - __ .. 10th 4,500 1960 District in the San and in the larger by 0.6% and in the Atlanta are the Dallas Reserve District there is 1960 Total In and 961,841,897 Atlanta. 8 th + 11.4 + 75,905,650 5,309,000 of 23.7%, improvement H 6th 0.3 $1,270,509,600 $1,517,076 600 A AAV'______ 16,000 Y;-A" 2.5% 1,016,382,059 cities 5.4% Bank., in in the Philadelphia Reserve the Cleveland Reserve District the decline of a $ 5th Bonds— Railroad Districts District by 2.2%. The Chicago Reserve District registers 1961 Federal Reserve Districts 3rd Twelve Months 1959 Reserve of gain of 24.5%. We group the a Week Ended Jan. 14— New monthly detailed statement of transactions Stock Exchange is appended. Results 1960 1.6%. Reserve having registered Reserve and smaller by 7.4% District the totals week in 1960. Outside this city there of 0.5%, the bank clearings at this increase an Federal expansion an an 4th 1,120,117,962 Month of December of are records 2nd New York Stocks— totals same Boston for December and the 12 months of 1960 and 1959 follow: Description— District the week increase District of 5.7% 810,855 in the Outside usual the — show serve of 5.7 + — $29,962,558,916 $27,584,163,966 totals give the final an the to and from this it appears that in the New York Reserve District (including this city) the District 1.1 $28,841,334,203 $26,464,046,004 week for was according which they are located 12.4%, the aggregate of clearings for the whole country having amounted to $29,615,584,734 against $26,337,- lst Estimated. Our on citie s able to are Total all Total cities by statement, however, which complete results of the week previous ended —15.6 5,600,589,800 : covered has to be estimated. cases detailed present further below and 6.6 — $23,235,210,638 $20,863,456,204 week Accordingly, in the above, the press. 7th Other the issue of next week. We our 0.1 + 746,913,829 395,022,325 for in 2.4 — 498,409,642 *700,000,000 Cleveland details appear day of the week in all In we 7.7 — 839,547,262 420,479,048 Pittsburgh 47 :■% ' — 533,658,419 459,100,000 .__ of + 18.4 1,227,000,000 855,677,867 566,889,501 City Louis St. ; 834,986,462 __ Kansas I960 1,133,000,000 __ Boston last center $16,465,458,542 $13,910,380,568 1,392,443,379 1,392,646,292 exact lurnish them today, inasmuch as the week ends Saturday, and the Saturday figures are not available at time was CLEARINGS—RETURNS BY TELEGRAPH and foregoing will cannot At gain for the week ending Friday of Our comparative summary for the week follows: 18.4%. Complete the clearings will corresponding totals against $27,584,163,966 for (419) THE COURSE OF BANK CLEARINGS will Preliminary figures compiled by ago. Financial Chronicle ^ - —4.6 109,083,043 *• 1,303, 023,272 1,284 584 668 + 1.4 7.3 —12.2 , 43 (420) The Commercial and Financial Chronicle -Jan. 1 to Dec. 31- I960 Clearings at— -Month of December- 1959 I Inc. or 1960 D&-* $ Monday, January 23, 1961 . . -Week Ended Jan. 14 1959 $ . Inc. $ 1960 1959 Inc. or $ Dec. % 1957 1958 $ or Dec. % $ $ Second Federal Reserve District—New Yerk— 301,915,970 664,654,709 13,553,484 Buffalo Elmira ) 314,367,672 634,267,099 York—Albany New 13,884,941 4.0 - 3,165,025,775 2,671,402,818 + 18.5 74,313,150 59,040,245 80,676,175 87,707,398 4.6 - 7,809,980,420 7,429,111,744 + 5.1 152,804,535 155,870,095 153,562,834 154,254,668 + 2.1 2,956,879 3,156,876 4,103,295 + 8.2 4,553,224 4,281,138 3,651,809 3,103,077 3,220,112 13,926,297,564 13,069,479,593 2.4 - 160,564,673 157,221,841 16,325,665 15,849,069 + 3.0 202,423,138 187,143,563 York 69,374,963,161 65,637,433,266 + 5.7 738,604,276,435 Rochester 229,947,116 228,082,527 123,388,560 ,124,175,522 —. Jamestown New 5 *. , ^Syracuse . —— 30.485,113 Utlca > Connecticut—Stamford :New Jersey—Newark tfv "•Total ■ . 1 .1 28,811,076 .. (a) ' 1 71,485,985,463 — 1,556,461,586 5.8 355,598,789 (a) >. + 10.5 2,475,562,010 + + " 55,345,861 .5.3 + 73 •5.7 V -67,841,005,568 - + y- - : 35,594,561 33,928,287 , 46,294,151 28,958,764 .27,"186,430 • .(&) V 4,086,092,328 3,984,381,383 4,792,137,387 691,870,329,750 i (a) • ■ '-83,810,664 • 4,683,011,445 763,381,560,958 5.4 47,999,986 32,905,777. 3.8 : (a) 374,772,915 13,111,358,074 54,132,056 16,317,808.330 7.0 1,478,681,905 L ' 2.3 110,655,551 +10.3 16,836,176,481 13,606,923,780 5.6 6.3 95,048,058 + 23.7 80,811,002 90,241,629 81,033,018 + 104,091,166 , a)- + 79,399,569-;, : ; 14,425,278,516, 13,591,256,824 ! ' ." . + 668,461,256,156 2,649,000,427 438,973,871 . 413,772.678 (10 cities)-—— ■ > 347,366.617 — Northern New Jersey : ,* 0.8 0.6 + - .; 7; Third Federal Reserve District—Philadelphia• Pennsylvania—Altoona > t'M ■■■ ■■■ Harrisburg / •" :, .. ,f 8,194,809 ." :i + 22.6 8,963,931 79,733,219 11,112,336 — 8.6 100,489,990 94,962,651 94,881,664 '.■•H'. + + 7.8 52,204,347 —11.8 557,768,687 526,366,667 22,722,750 —10.5 258,527,125 252,018,766 8,187,532 7,644,924 mm 4,653,000,000 5,151,000,000 m r-rmimwnrmmrn 25,815,169 23,797,428 30.121,221 33,271,715 ■ Scranton „rrj. + 7.1 — 98,988,908 252,301,558 9.5 383,028,625 ; ■' 9.7 ' . 384,156,866 . ' Wilkes-Barre ' • York ■■■ " t'-iu,r'r -'l-.'- ' Du Bois M <a) qj 31,223,570 nil ji 28,496,607 1 1,991,463 1.0 5,250,453 5,186,304 ~2~7 i,i47~,booTooa 4.8 5,381,605 1,051,000,000 4,477,579 2.5 7,692,392 7,097,419 3,822,758 5.8 '8,201,392 8,470,425 25,406,000 19,107,347 7,357,976 ^ (a) ...'J 4.5 — -v + — + 3,981,569 Y 8,689,402 9,229,031 —13.7 96,455,548 92,341,835 + 129,986,786 —12.2 1,345,608,360 1,328,798,350 + 1.3 ,26,911.927 69,420,313 + 10.7 865,103,291 829,214,586 + 4.3 a':, 14,054,577 15,540,203 5i042.409.516 5,582,655,269 9.7 61,461,166,227 61,903,942,999 0.7 1,229,947,224 — 30,373,721 76,834,640 1,210,419,436 — 2,070,199 5,110,657 6,281,927 7,542,960 ■) VVv-- 1,752,771 1,804,510 2,629,782 — 1,126",0007000 5,977,512 28,272,990 + *! 0.8 4.5 ZYe + 1.6 13,581,009 19,089,937 1,224,105,400 1,124,066,202 Fourth Federal Reserve District—-Clevelaud— t Ohio—Canton 56,484,216 58,973,109 Cincinnati > 1,349,202,881 2,572,461,956 2,889,049,558 346,818,300 313,674,400 18,258,090 19,871,536 7,608,217 7,766,150 Columbus >} "Hamilton Lorain 0 - Mansfield if — 1,435,521,619 Cleveland 54,287,270 ; Youngstown •; 65,367,386 Newark Toledo 750,645,224 714,956,449 6.0 16,213,720,175 + 10.6 3,791,107,200 ' 8.1 3,507,905,000 ". 91,006,111 + 706,893,219 707,983,752 4.7 767,524,721 763,851,095 0.6 607,491,935 617,229,515 •170,312,577 0.9 2,087,536,922 2,125,920,810 —11.8 23,913,706,420 43,333,603 —11.3 V Oil 29,769,684 31,843,636 — 6,713.203,573 — 7,361,585,645 619,269,475 71,449,600 65,852,600 666,325,924 72,887,600 8.6 — 62,158,710 300,339,425 594,606,894 620,458,148 2.8 98,656,535 14,659,952 318,097,066 75,991,000 ;i'.i 13.888,598 15,391,907 330,187,848 , 320,897,770 ; 8.1 + — 20,752,849 16,158,848 v 2-5 235,553,646 38,417,585 19,313,775 aA —14.6 " 50,301,256 60,397,483 5.0 + 242,147,028 168,840-,270 Kentucky—Lexington West Virginia—Wheeling • 2.0 — 1,875,976,460 City +' ' 31,567,109,364 Erie Pennsylvania—Pittsburgh i" : 15,988,751,807 32,364,009,197 — - 63,543,090 68,562,742 . *50,000,000 4.2 —11.0 — — — 6.5 - : 1,987,808,527 2.8 429,059,497 421,941,493 6.9 244,154,027 242,066,722 8.8 83,048,921,149 17,128,475 13,067,273 11,022,403 14,177,709 14,828,318 —12.9 457,144,753 468,664.359 7.4 1,507,865,828 1,469,202,597 14,199,244 14,297,606 , 5.0 + •. : :. 0.4 — :481,470,060 316,344,241 333.651,247 13,435,648 0.5 + 1.6 24,003,637,785 .498,617,802 • 0.2 — ■ ■ . 1,156,000,000 0.3 114,090,986 cities) (15 1.8 0.9 — , 388,148,189 2,047,600 - :-r +15.2 8,820,576 Jersey—Trenton Total 370,720,468 5,368,439 +- 8.9 — 213,030,045 ' —13.4 5,313^284 \ 7,615,590 Delaware—Wilmington New " —10.1 '—12.2 2,961,1301* 6.0 2.6 —17.2 , 1,459,183 1,977,085 — _ -r 36,071,243 1,311,655 2,013,539 ^ Hazelton 19,586,687 " . 1,866,257 *2,600,000 , : 57,204,000,000 274,843,048 ; 85,898,774 56,716,000,000 8.5 (b) 157,230,230 + — + + ,: , V 1,545,907 o.i 124,022,719 46,031,202 Lebanon Philadelphia Reading ^—20.7 - 133,699,460 20,335,610 —_ — '•>+ ; ' 6,075,148 *11,500,000 --r-r ■y'■■m Lancaster VV'""' ',:'i ' "z;' 1 •- .. 7,445,648 "V — Betnlehem Chester ' 500,452,860 436,020,561^;:' 3.6 + _ —— + : 5.5 81,647,615,567 . / '-n' + 1.7 .V: + 0.9 + 1.7 — — — — h' Total h (15 cities) — 1,497,259,581 ; 1,616,573,858 — I Fifth Federal Reserve District—Richmond— West Virginia—Huntington Virginia—Norfolk 27,010,432 South Columbia — ,41,420,307 45,856,385 90,674,039 Frederick , Total ;w 8,471,739 3,705,272,117 + 3,784,241,325 (8 cities) ,, + 10.5 12,728,268,102 — 657,660,083 — 272,526,552 1,144,341,000 13,031,732,434 — 7,467,370 611,395,111 — 301,141,768 1,120,519,000 1.7 + 1,730,588,284 Columbia—Washington of 5.9 —10.2 87,693.911 1,688,910,831 — Maryland—Baltimore + 107,441,000 1,122,036,844 Carolina—Charleston District 25,497,448 96,534,000 1,140,855,658 Richmond 9.7 481,329,130 1,083,291,916 20,423,684,320 20,114,297,993 + 13.5 94,621,150 7,215,683,705 7,261,285,703 2,1 43,752,003,423 43,077,489,893 — 249,682,170 10,126,381 4,736,752 5,636,494 23,536,000 25,422,634 4.7 244.855.896 199,197,465 + 11,277,658 397,285,991 6.7 —13.3 402,448,726 —10.2 10,162.009 9,342,705 1.3 397,323,975 385,251,556 + 11.0 1.5 + 89,433,809 7.0 — + 27,193,000 261,436,448 2.1 — 975,882,899 2.4 6,198,071 23,573,000 2.4 .+ 491,433,835 3.4 6,614,203 2.1 — 5.8 + -j, , : t. — . — 0.6 + 162,556,273 158,849,438 + 2.3 160,793,655 156,961,110 1.6 — 861,592,296 855,649,063 + 0.6 842,308,029 780,912,222 Sixth Federal Reserve District—AtlantaTennessee—Knoxville Nashville 153,876,996 1 182,667,868 688,618,026 Georgia—Atlanta 699,803,273 1,951,500,000 —— 1,939,400,000 Augusta 36,004,913 , - 135,256,626 ; Columbus 28,184,493 30,997,937 Macon 25,506,631 32,510,353 1.231,484,019 1,346,352.206 187,892,351 190,635,399 1,188,662,833 1,180,757,897 Florida—Jacksonville Tampa Alabama—Birmingham Mobile 70,288,298 78,892,122 Montgomery 39,358,977 36,886,521 39,688,000 37,186,000 Mississippi—Hattiesburg Jackson • 84,310,730 11,755,006 „ Meridian O . " Vicksburg 88,455,872 11,658,107 3,821,922 Louisiana—New Orleans • 1,202,133,182 4,356,327 1,249,946,428 —15.8 •v ; 1,755,367,220 1,755,857,552 — 1.6 7,920,388,574 7,661,523,398 + 0.6 22,993,200,000 + 2.1 21,855,500,000 410,587,323 0.1 + + ■7 40,175,588 ' 38,814,166 + 3.5 159,671,044 156,331,551 + 2.1 145,513,406 135,631,348 453,100,000 439,100,000 3.2 422,900,000 442,100,000 6,646,242 • 3.4 5.2 ; , 379,144,451 'i\ 7i-1 '■ + .+ 329,737,849 8.3 332,688,736 —21.5 339,901,033 352,653,994 3.6 6,748.056 8.5 14,811,316,864 14,773,607,653 0.3 340,170,977:;,* 1.4 1,961,976,857 1,764,801,807 0.7 14,267,023,591 13,199,898,043 — — — + 9.1 ■ ■'-7 • 9,022,300 0.9 + 8.1 1.5 343,015,066 21,435,120 + 8,059,752 7,7577533 7,2977905 0.8 317,149,587 308,295,416 6.7 260,6087909 204,9547420 + 13.0 7 21,803,105 16,724,973 — ... .. : 3.4 + 5.7 + 840,551,196 V" ;• 6.7 443,069,876 428,410,129 + 6.7 452,147,000 427,801,000 4.7 '7 ■ 3.1" 948,304,566 920,064,865 0.8 140,378,327 138,498,829 + 41,695,088 41,355,965 + 14,151,784,891 12,436,305,395 297,626,275 .-v + 18,971,565 7 ——■ 0.8 3.8 :. " 1.4 —12.3 — 8,099,345 317,509,204 + + 853,349,453 + + 3.0 16.7 + J," i + 11.2 —10.9 — 8,763,344 30,332,230 39,123,628 ■'' ■:-' v - ' 953,302 920,758 •269,509,972 271,611,331 5.8 1,618,295,563 1,583,253,401 7.7 ,4,233,931 4,718,644 22,6467744 21,995,298 + 15,8777244 14,387,466 16,089,380 16,153,694 * +13.8 . r + •' . .■ - . • 3.5 V. 947,158 0.8 230,575.311 220,674,267 2.2 1,454,438,389 ,1,373,471,949 —10.3 3,543,626 4,985,036 3.0 20,8247858 25,100~280 +~1O74 13", 5067955 11,6247069 + - . 765,148 , Total (16 cities) 6,943,086,377 Seventh Federal Reserve ; 16,646,799 16,568,514 3,207,831,000 -Detroit + 3,345,798,000 Flint % 47,198,913 •- Grand — 2.8 81,823,179,399 77,305,712,126 ..+ + Rapids : 41,625,913 84,458,466 .88,755,644 0.5 188,747,401 175,264,401 4.1 39,101,854,000 37,148,096,000 + 5.3 +•13.4 549,786,781 535,913,741 + 2.6 4.8 1,033,528,201 986,295,479 + '4.8 + — — Jackson 17,355,453 18,719,887 7.3 223,665,879 Lansing Muskegon )* 59,242,819 52,484,707 + 12.9 641,021,288 23,536,987 22,844,157 + 3.0 267,618,759 253,459,901 8,583,027 15,059,663 + 43.0 165,868,934 175,969,203 — 769,020,634 + Bay : i City idiana—Fort Wayne 1 67,727,830 65,907,738 124,376,174 a JBend Terre Haute + — 2.8 216,769,416 822,506,443 5.1 " 1,598,833,454 0.5 5,069,696,932 + 3.2 603,042,087 ■ + ,6.3 + 5.6 5.7 7.0 1,483,796,616 1.1 7.4 596,640,665 585,503,775 270,873,447 260,637,713 616,538,706 585,349,272 5.3 8,917,322,794 8,194,472,561 Iowa—Cedar Rapids 8,894,104 + 3.3 111,472,647 101,453,157 11,514,094 + 4.3 145,061,667 138,929,804 2,102,780 + 3.5 25,587,748 24,847,836 + 14.4 51,418,857 49,245,492 5.3 0.3 37,663,781 Ames ; *90,609,000 + 12.2 11,485,863 10,725.052 0.6 4,961,585 4,082,079 3.5 156,675,510 146,4957278 — ■>! - — 181,"3347272 187,682,929 + 9.9 37,430,449 + 0.6 470,888,961 447,323,580 257,521,697 + 5.4 3,082,090,371 3,051,813,407 1.0 100,505,524 City 13,0537156 - 4.4 — 271,463,949 Moines 5,406,094 ? 102,030,000 3.0 4,023,040 11,164,229 i5,375,758 r.'jJ. +~5~6 4.4 2,177,314 ; + 12,013,939 . Watertown 757,231,917 4,603,259 Sheboygan + 14~,7927498 0.4 •• 96,~8~3~4~o66 12,531,704 8.8 51,311,990 — L 102,308,000 3.9 1.4 + 1.9 5.1 24,275,198 9483,479 Manitowoc ' 7.8 5,015,460,520 759,716,646 Oshkosh 90,284,566 + 11.3 1,057,925,399 0.2 —17.7 1,056,318,289 56,237,830 10,597,016 8,624,942 9,083,289 8.044,000 65,966,861 59,257,392 59,268,536 52,394,561 25,606,441 , 20,019,640 22,982,430 17,996.370 1,938,525 1,359,054,556 1,264,356,418 9,807,743 7,158,750 4,404,110 Decatur .' Peoria . Rockford 2.3 206,231,390 193,156,827 6.8 + 3,1 91,016,045 92,291,825 1.4 2,390,546 1,715,024 5,964,396,836 5.5 66,651,600,105 65,429,141,638 1.9 1,364,515,217 1,408,309,824 34,925,765 . 5.3 + 7,582,270 5,638,661,217 Chicago 53,385,021 17,793,947 7,818,233 Bloomington 5,352,902 18,211,479 •Illinois—Aurora 33,321,966 4.8 424,794,966 410,198,476 3.6 11,134,751 8,540,198 78,235,097 78,540,556 0.4 •892,734,662 906,116,102 1.5 20,282,047 -19,663,111 + 15.3 21,920,455 714,840.380 18,372,902 650,560,398 9.9 14,248,294 13,813,302 1.3 13,153,232 398,347,576 399,499,457 0.3 10,085,251 12,820,746 7,975,265 + 5.1 9,228,326 44,353,330 7,909,038 41,182,142 7.7 — 3.7 134,487,498,508 130,036,121,880 3.4 1,891,572,114 1,899,912,395 0.4 1,834,257,987 1,697,436,148 2.4 21,138,860,504 3.4 423,800.000 403,100,000 5.1 4.4 410,600,000 393,700,000 276,867,499 251,077,672 —17.5 45,353,982 47,461,473 —22.4 232,600,656 6.1 164,297,785 67,951,431 L Springfield Sterling Total 51,575,866 , + — ~ 52,055,387 Milwaukee i 47,759,719 — 23,038,748 _ Sioux 404,246,540 < .Wisconsin-—Madison Des 131,075,274 406,145,125 ndianapolis South + District—Chicage— Michigan—Ann Arbor i 7,145,762,936 58,922,217 34,459,571 34,907,354 3,827,437 (31 11,271,778,678 cities)— 3,642,119 11,703,711*905 — + — — + . •+. 1,659,413 JEighth Federal Reserve District—St. Louis— Missouri—St. A Cape Louis Girardeau Independence Kentucky—Louisville Tennessee—Memphis Illinois—Jacksonville -Quincy Total — (7 cities) Y i t ___ 1,810,915,367 1,855,943.438 24,027 344 23,016,007 3,961,536 4,802,536 1,054,222,101 819,302,806 1,060,359,336 3,451 106 3,516,766 846,946,492 14,777,004 15,196,166 3,730,657,264 3,809,780,741 — + — 0.6 * 20,443,240,888 + + 10.3 — "• . + 1 4.4 11,238,376,273 11,074,718,722 + 1.5 185,097,586 —52.2 8,894,942,473 8,536,290,554 + 4.2 196,931,320 1.9 41,451,551 41,329,086 + 0.3 — —. * ■ 2.8 177,663,766 170,833,496 + 4.0 41,813,516,048 40,564,951,891 + 3.1 809,838,765 " 238,577,195 185,692,379 4,009,859 2.1 •' 3,630,425 + + 10.2 3,292,450 2.5 810,790,891 •• 217,783,793 152,439,889 2~,94l7305 1 — ,. - 831,000,299 — 766,864,987 Volume 193 Number 6023 . . . The Commercial and Financial Chronicle -Jan. 1 to Dec. 31- at— Clearings I960 - Ninth Federal Reserve -Month of December- 1959 Inc. or $ 40,073,972 Minneapolis 40 ,409,769 2,136,167,755 831,846,186 Winona 17 ,661,861 817 ,290,333 6,455,248 Fergus Falls 6 ,716,454 3,034,285 3 ,196,542 48,559,970 53 ,329,346 10 ,078,000 Paul —_ North Dakota—Fargo Forks Grand 9,917,000 Minot 11,251,670 Dakota—Aberdeen South 11 19,334,409 Sioux Falls . or 1958 1957 $ $ 450,761,547 + 1.4 8,477,592 8,224,245 10,592,561 2.0 541,551,325 7,587,091 488,616,547 + 11.7 + + 10.8 501,859,394 448,003,361 198,996,625 9,252,443,853 + 4.9 201,055^276 184,8157452 + 8.8 187,125~027 174,4237594 1^7337364 13,139,024 3.1 13^907^945 1279107805 5,0137897 4,4977962 + 11.5 5,14l7696 5,603/489 V Hastings ■ + 2.7 64,899,325 59,744,349 + 8.6 36,337,168 32,946,679 + 10.3 8.9 — 590,233,993 604,500,408 1.6 113,979,000 105,820,000 + 7.7 3.3 — ,636,899 9,506,223,077 3.9 5.1 — 143,275,047 136,844,991 + 4.7 211,666,007 588,483,595 226,358,254 62,352,326 59,683,230 + 368,784,286 292,923,220 390,974,567 280,713,697 + 4.3 826,331,776 807,220,040 + 2.4 + 2.0 — 1.0 ,998,416 + 5.1 ,810,261 + 39.1 —12.9 3 .4- ,438,423 , 1.7 t- 2.4 6.5 610,045,193 —16.9 31,539,595 38,632,411,544 64,347,334 64,975,742 3.5 8,~60~47250 8,340T407 16,9407837 16,1547620: 5.7 37,891,692,404 + — 4.5 31,994,311 1.5 3,274,809,350 3.2 8,5277S05 7.324,441 +~ 479 16,357^253 16,910468 9.8 741,143,365 675,795,719 + 1.4 794,376,541 723,151,103 + City- .V ' 6,201,134 — 9.9 \ • v>. i , +15.0 72 ,937.923 . -5,585,715 " v 1.8 + — 5.8 2,858,322 Tenth Federal Reserve Districts-Kansas ' ' r- ' 1,488,268 + 17.9 1,262,185 1,227,667 916,141 ■ 1,280,188 .1,052,086 + 21.7 '970,463 991,593 —17.7 11,274,596 13,376,817 —15.7 14,902,248 11,306,248 1.3 205,730,912 175,899,664 + 17.0 194,470,291 179,217,007 .___ Lincoln 46,626,343 5i7iYi7i6i 830,797,211 814,255,540 5,366,829 __—______ 5,203,741 , ______ Kansas—Manhattan Parsons 2,263,133 Missouri—Joplin Kansas 616,861,042 + 2.0 9,328,794,805 9,211,875,771 + 157,899,017 507,621,237 3.1 58,996,576 65,448,575 46,721,273 '_ —I— .• —13.9 1,961,729 68,011,299 142,396,158 Topeka Wichita 21,883,840 + 8.4 631,053,259 450,555,390 + 39.8 9.8 1,669,378,138 1,788,735,527 —12.0 71,621,254 73,561,480 6,461,005 2,152,548,698 0.3 24,967,582,728 72,143,545 —13.0 687,247,261 3,094,305 + 31.4 31,682,361 31,370,844 317,267,300 324,366,970 2.2 3,610,212,438 3,660,865,107 29,345,101 31,664,004 Denver 961,609,610 942,394,717 4,641,451,834 4,619,086,882 Springs ____: (14 cities) + — ,YO2~ 516 9,602,170 36,675,634 0.9 555,652^834 527,527^524 —14.1 800,186,423 4,066,862 Carthage :i 36,054,457 16,380,840 17,373,262 8,232,534 6,514,160 853,397,145 789,283,502 6.7 — 25,181,805,393 62,776,071 St. Joseph 9.9 23,727.351 + 45.6 5,686,236 Oklahoma—Tulsa Colorado—Colorado + — + 15.4 — 2,159,653,966 ___. City- Total Inc. Dec. * 24,642,644,660 — 24 ,027,633 < 3,322,729,786 __— Nebraska—Fremont Omaha $ 457,299,952 4 74,149,958 ,• ... (16 Cities) 1959 * 208,765,166 47 27,623,324 ______ Total 1960 25,129,318,011 36 ,260,974 31,596,465 Falls Great or Dec. % 1.4 + 6,691,203 Helena Inc. $ 0.8 + 18 ,278,835 . 50,435,565 Huron Montana—Billings Lewiston Week Ended Jan. 14 1959 $ + 28.7 — 2,106 ,737,681 22,734,454 Rochester St. 1960 Dec. % 49 District—Minneapolis— Minnesota—Duluth ,0 (421) — + — 17 + 80.2 9,349,701 8,315,014 1.7 37,886,626 43,495,405 — 2.6 — 5T5 511,861~179 458,5747006 5.7 18,670,826 16,667,733 + 26.4 8,677,454 6,324,544 8.1 798,016,455 725,807,691 + — 1.0 1.4 7.3 | 357,666,662 370,684,440 + 2.0 11,201,802,251 10,724,876,454 + 4.4 + 0.5 53,211,733,655 53,063,686,028 + 0.3 — — 3.5 + Eleventh Federal Reserve District—DallasTexas—Austin 62,010,596 Beaumont El 294,969,849 31,331,000 1,911,690,214 1,941,628,823 8,041,407 8,248,667 Arthur Port - 211,712,421 28,588,000 .___ Houston Wichita Falls 29,897,972 Texarkana Total 0.2 749,298,734 743,093,463 9.8 325,695,710 27,811,939,272 27,689,161,911 1.5 3,343,989,218 332,433,000 1.5 21,887,839,289 21,468,922,556 2.5 94,800,110 95,258,865 —18.2 316,183,867 — 5,184,128,781 + 2,380,173,326 — — — 4.7 8.8 ' + — — + — 131,986,191 134,573,347 5.4 726,477,427 747,945,060 2.2 57,971,727,641 15,458,475 17,034,764 562,716,934 579,142,183 4.0 50,156,748 53,584,981 8.2 6,821,000 6,241,200 0.4 57,642,789,176 — — + 4, 521,759 ; : i r-43.8 91,734,403 94,748,414 5.3 11,264,268,619 11,478,610,987 :• —15.6 323,216,735 325,268,587 — 8,050,477 924, 928,046 _ Yakima 976,413,319 '25, 188,425 — 29,829,445 - 9.3 17,395,986 2.8 568,810,105 6.4 50,830,763 45,749,587 9.3 6,700,000 9,097,000 12,979,170 — — - 512,103,899 — + 0.5 7,382,697 8,302,866 —11.1 8,158,716 8,083,231 2.9 20,550,396 18,607,800 + 10.4 18,165,936 14,864,255 0.6 663,086,250 2.9 670,061.506 602,877,142 1.9 682,913,794 , ;X Seattle — 2.0 ; Twelfth Federal Reserve District—San Francisco— Washington—Bellingham — 2.1 —20.2 396,172,557 3.9 0.8 —12.5 3,276,540,830 305,048,000 — 11,160,248 — 372,308,990 2.5 2,284,675,094 — 68,078,823 5,069,251,717 (11 cities) + — : 36,535,976 10,741,880 64,406,716 Louisiana—Shreveport • — — 290,484,733 201,743,196 Worth Galveston + 30,566,640 2,492,510,835 Paso Ft. 61,870,615 27,558,796 2,429,603,091 Dallas ' ,• I1, — ' 3.2 2.3 222,302,884 195,5Q0,497 — 2.1 6,944,128 6,646,551 256,282,164 — 5.6 227,967,577 199,025,910 116,941,397 + 0.1 105,607,167 101,527,943 228,578,576 1.9 233,877,939 0.6 6,852,119 6,998,347 242,008,408 116,970,526 Idaho—Boise 63, 584,391 60,457,022 + 5.2 671,276,374 637,563,150 + Oregon—Eugene 28, 508,730 26,654,000 + 7.0 307,144,027 273,782,000 12,112,552,973 11,865,537,964 + + 12.2 —10.6 ■ Portland 994, 594,756 1,113,009,904 City 44, 213,331 V 532, 874,601 548,149,116 Arizona—Phoenix 332, 072,862 320,225,990 + 71, 875,883 114, 491,821 52,709,364 144,898,822 43, 078,458 40,582,408 Utah—Ogden Salt Lake California—Berkeley Long Beach Modesto : — Pasadena San + 3.7 3,825,763,634 3,364.232,503 + 13.7 + 36.4 674,185,400 643,882,816 —21.0 1,490,584,680 1,670,345,636 6.2 486,653,266 877,739,007 455,916,874 + + 5.7 4.7 —10.8 + 32,564,755 36,965,856 —11.9 36,265,235 34,298,419 19,064,687 25,675,252 —25.7 23,407,659 25,292,023 6.7 28, 135,366 32,361,342 3,569,568,897 —13.1 326,842,030 352,801,312 0.7 39,787,146,772 38,413,599,488 + 3.6 801,899,641 173, 170,389 165,435,004 1,897,815,068 + 8.7 54,224,685 830,354,769 39,661,643 580,926,078 + 4.3 14,871,667 14,023,758 + + 9.0 21,326,288 21,406,565 — 809,477,147 79,745,394,497 + 2.9 1,543,660,715 1,576,888,327 1,403,369,018,787 + 6.3 29,615,584,734 735,907,762,631 + 2.5 13,297,776,404 60 833,164 7,357,295,286 133,278,374,176 132,225,082,668 63,903,411,015 4.7 + 80,409,442 7,137,642,106 — 59,081,346 83, 443,725 66,587,649,402 - Stockton Outside 5,466,929,937 3,543, 311,316 Barbara Grand 346,810,002 5,779,339,647 —27.9 Jose Total 462,176,515 2.8 + — 95,502,246 I Francisco Santa 2.1 + 33.3 30.2 33,957,142 68, 815,083 Riverside San + 5.3 • + 3.0 + - 2,062,119,103 605,974,141* " 3.8 - —17.7 1,067,146,534 — • 7.4 3.4 740,165,341 + 36.7 41,388,467 6.0 12,923,593 0.4 14,919,360 14,136,668 2.1 1,431,891,411 1,299,294,183 26,337,810,855 + 12.4 26,617,980,296 24,955,281,821 13,226,452,781 + 0.5 12,691,682,732 11,885,802,228 , ' 882,426,940 • (18 cities)— total New (175 cities)- York •Estimated. (a)Clearings operations discontinued. — + are 0.8 — (b)Clearings :82,031,144,266- 3.0 4.0 1,492,016,140,418 753,411,863,983' , — — for nine months only. FOREIGN EXCHANGE RATES Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the ^Federal Reserve Bank 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. certifies EXCHANGE FOREIGN ; V " RATES ' and Country CERTIFIED £>v Monetary Unit BY FEDERAL Noon Buying Jan. peso—. Rate for pound Austria, schilling Belgium, franc France India, Italy, Japan, markka l deutsche .0383875 .0383875 .0200687 .0200687 .0200675 1.006510 1.007526 1.006223 .210362 .210350 .210400 .210387 .00311253 .00311253 .00311253 .204037 .204037 .204037 .204037 .239700 .239712 .00311253 .204018 , .239700 .239700 .208712 .209725 .209775 .209762 2.805940 2.806760 2.807500 2.807340 .00161040 yen .00161010 .00160940 .00160980 .00160862 .00278600 South .00278633 .00278633 .00278633 .328233 .328233 .328266 .328300 .0800560 .0800560 .0800560 .0800560 .265106 .265131 .265134 .265100 .265081 2.778970 2.778158 2.778970 2.779702 2.779544 .140050 .139993 .140034 .140075 .140081 .0349312 guilder Kingdom, .00278633 .328333 .0800560 dollar .0349250 .0166263 .193312 ' .0166436 .0166436 .0166436 • .0349250 .0349250 ...0349375 . .0166263 .193318 peseta of 2.236924 .209800 Sweden, krona ' Switzerland, franc United $ .0120559 2.806760 New Zealand, pound Norway, krone Portugal, escudo Union Jan. 19 V 2.237051 .0383875 Money) Thursday $ .239718 franc. pound Malaysia, malayan Mexico, peso Spain, States 1.006500 "...00311253 new mark lira Netherlands, United .0120633 -. 2.236462 .0383875 in Jan.18 $ -.0200650 1930 qV)R Wednesday .0120578 2.235808 OF .210425 rupee Ireland, (Value York Jan. 17 .0120614 .0383875 New ACT ~ Tuesday $ .0200637 in TARIFF UNDER TREASURY 1.005781 (Metropolitan) Germany, TO Transfers Jan. 16 2.236462 Canada, dollar Ceylon, .rupee Finland, 13 .0120578 Australia, Cable Monday $ Free BANK JANUARY 13, 1961 TO JANUARY 19, 1961, INCLUSIVE Friday Argentina, RESERVE • ' * .193331 ' * .193350 .193362 ' ' .232268 Africa, pound pound—^ 2.796273 sterling-. 2.806760 .232218 • . - 2.795457 2.805940 .232256 .232250 J. 2.796273 2.806760 - - ■ : . . * .232262 ■' 2.796851 2.797011 2.807500 - •' 2.807340 'AV ING»S 680,711,345 31,836,353 ... ,10,318,474 50 ' The Commercial and Financial Chronicle (422) (In thousands of dollars) Gold notes of 664,946 609,324 413,369 66,205 69,125 19,164,671 697,136 470,233 773,169 48,103 other 17,317,139 48,104 41,838 re¬ serves R. 974,0^8 notes— R. certificate gold 18,190,643 1,064,48^7 456,914 F. for 16,252,642 1,062,445 17,208,086 fund Total Other banks— cash Discounts advances and ACB?ugahtCe outright Held U. S. under repurchase Government Bought agreement securities: Certificates 1 ; 9,059,743 Notes Total Held bought outright repurchase agreement under 9,059,743 12,481,298 - Bonds i 2.907,173 - 10,506,993 11,010,298 2,483,771 2,543,071 Decrease U. S. — securities 26,911,535 27,003,785 25,511,207 securities— 27,025*093 27,121,014 15 15 5,708,931 107,728 and Loans Due from Cash foreign items Bank in 317,411 banks and collection of process 6,513,998 107,731 premises Other assets 254,727 — assets 52,232,310 U. LIABILITIES— Reserve 27,956,287 S. 16,707,678 16,252,388 to 557,802 470,362 account 240,658 Other 255,571 215,364 386,936 379,323 17,445,084 19,292,741 5,255,271 4,599,704 Other 327,932 17,717,258 5,061,437 U. Total Deferred deposits availability liabilities & cash items accrued dividends 33,146 31,221 50,260,741 52,124,014 CAPITAL paid in__— 413,701 Other capital 389,085 817,423 817,423 774,808 39,224 Surplus 412,917 24,082 63,035 accounts- Currency and Balances with liabilities & capital accounts 52,232,310 51,515,163 2 — 32 — 4 — 3,909 banks securities—total New United 958 + 2,748 + 577 S. + 765 U. S. + 2,684 U. S. 64 9 —2,463 United States 297 United Transit 5% preferred 12,055 coin United Whelan assets/liabilities 143,289 —1,370 + 73 + 788 Universal + 5,361 Universal —3,748 106 $3.50 Ratio to of gold certificate reserves deposit and F. R. note liabili¬ ties combined 221,221 121,505 Demand U. S. deposits adjusted Government 61,234 demand deposits > Interbank 38.0ft 37.7ft ; demand Domestic 40.7ft —1,572 banks 1,332 64 — 1,595 Other •_ 33,328 *. + Redemption Calls and Sinking From Fund Notices will tion be found preferred and including those list a corporate stock common called of called under bonds, for sinking notes, Banks 17 of t Jan. loans valuation 13, 1960 domestic commercial individual Francisco figures loan District), banks items t Jan. 4 deduc¬ figures revised, in which the details were NOTICE OF Company and Issue— Poli-New England General Warner income Bros. Date Theatres, 5% bonds Pictures, Inc. due Name of Steel Parts Nov. 15, lSSS-,.- —_Febv 2 stock- common Jan 31 204 _ Stein, 2658 Roe & Farnham from (19c ordinary realized PARTIAL REDEMPTION Company and Issue— Columbus 6ft Tire Georgia & Power Co. Maracaibo Electric - . 5'/aft —-Feb cumul. pref. bonds, 5%% debs, series due Exploration due Feb. 1, 1989_ Eastern Transmission due Dec. 1, 10 200 Feb 1 201 Machine conv. . ISSUB 51 due CALLED Page 1, I—Feb 1977 23 198 Brush Beryllium Co. 5ft conv. subord. debs, due 1974—Mar 17 (A. M.) Byers Co. 7ft cumulative preferred stock— Feb 20 Duluth, South Shore & Atlantic RR.— Marwell 6% bonds, Equipment 1st 6%ft s, f. series Memphis 1st income mtg. bonds Gas Southwest Bank 1, 1995 Mar. 2607 bonds dated dated Dec. Sept. 1, 1954 1, 6% Feb 28 106 Feb conv. this 1961-1964 debs, cumul. $4 in Oct. Inc. B.) Stevens due preferred 6ft July 31 1960 stock—— preferred A (J. & Co. P.) Class (quar.) A 10 202 stock _Feb 1 Class Furniture Stuart & (D. (stock Clothier, California Oil A.) Jan <• 2268 banks shows ended of the the Federal following Jan. 11: of weekly Reserve member System in leading cities principal Decreases reporting of changes for the week million in loans - Commercial $114 million. and .. industrial -.< loans i decreased net of Loans to brokers and dealers for purchas¬ preferred 1-16 2- 1 1-16 2- 1 1-16 4- 1 3-10 40c 2- 1 2- 1 1-20 30c 3-15 2-17 $1.43% 2-1 (quar.) common (quar.) i common 1-6 1-10 2- 1 1-24 75c r_ 2- 1 1-24 (1946 ser.) (quar.) 2-15 2- $1.25 pfd. 5ft 1-6 1-31 25c ... 10c 50c ... (quar.) A 1-20 $12-1 ; (quar.) Chocolate, Oil 2- 1 1-21 62'/ac 3- 2 2-15 4 Stock (quar.) 25c dividend 2-21 1-31 1% : 4- 3-10 4 4-14 3-31 40c 7-14 2-1 1-6 6-30 Common (quar.) 10-16 40c 5-1 9-29 4-7 Common (quar.) 40c 8-1 4-7 1-24 3-10 Wilson 2-24 3-10 2-24 1- 3 4ft 2-28 2- 1 1.13 3- 5ft 2- 3 E. Freight, Inc., B class Inc. A 1-31 1-19 2-15 $1 Preferred common ,1-31 3- 1-31 2-28 2-15 7c , 4ft Ltd.. Inc. preferred (quar.) (quar.) subject of to 2- 1-12 New York- 1-31 1-20 (stock stockholders and / agency ^ — Securities Ordinary 1 approval) Trust, Ltd., Def. '2- 6 IV2ft u 2- 6 1- preferred preferred Bank <fc Trust (N. 1 1 1 :2- 1 12-31 Y.> > (quarih: dividend,, 20c ; * 2-15 &% 2- (Quarterly payment including the new shs. in Transamerica payment of stock Corp.- (quar. ► distribution) • ... : - 22V2c 20c 2-1 $1.11 (quar.) Inc. (reduced) Jr. 2- 1 50c 2- 1-16 1-30 25c (monthly) 12-30 1 1-20 25c Company 2-20 1 3-20 3- 1 2-10 25c (quar.). 1 4- 20c (quar.)___ Machine 3- 1-31 1-13 Co.— u.37y2c:.. 4-29 4-19 (quar.) 37'/aC 7-31 7-10 Batteries Zeller's • 4 Va ft '* ' • * 1-1A 12-23 Ltd., (stock common preferred Transfer dividend) l__ (quar.) (quar.) 6-15 5-31 ioc Raceway 2-28 ioc ; 3-15 9-15 8-31 2- 1-20 10ft 8 435c books not closed 2-1 1-3 *56'Ac ; 2-1 -1 for this dividend;, in Canadian funds; tax deductible at the source» Non¬ resident tax 15ft4 resident tax 7ft. ; | ' Less British income tax. y Previously published date was incorrect. The corrected paymenl date and/or record date is indicated here.' ■ < + Payable in U. S. funds, less. 15ft Canadian . a 1 3 «;• - , 1 ioc t Payable < - 1 1-31 (quar.) •Quarterly .: 2- 1 (quar.) . ! 1-31 3- preferred , i 2-15 preferred 1 2- 2-15 ?' 8c 62'/2c (quar.)_^ Electric— .Quarterly - Company— 1-10 1-31 1-10 2-15 47Vic 3 1 2-15 •■■6ft 2-15 3- . Co. 2- 15c 1-31 Yocam 2-15 3- $1.14 j.__ 12»/ac 37'/2c Yonkers 1- 3- $1.06'A (quar.) (quar.) (initial-quar.) A 1- 25c Cab 9 1-27 $1.06'A (quar.) 4.56ft 1-13 12-30 1-31 (quar.) 4 17VaC 1-31 1-31 preferred 1-4 Co., common,(quar.) preferred-.(quar.) 1-13 6ft 3-10 ' Edison 3-15 1-31 6% ; v 3-31 (finar)_57.1429ft (final) 2-15 • •/4% W.) Yates-American Yellow 2-28 3-31 4c Monthly 1-31 1-20 20c _V_ (initial-quar.) (F. Fund, 3.15 1 2-28 (quar.) Cor 3-31 25c t40c 30c common 7 3-17 $1.50 (quar.) Tanning County preferred Wurlitzer 10- 1 1-31 6c 90c gains) & (Wm.>, Monthly 1-16 7C Inc. class V/rigley 6-15 1 B 4.44% Worth 2-15 7C (monthly )__•__ Shoe Woolworth 1-19 6-28 (monthly) Power— Worcester ____ 1 $2 Guarantee . 5c _.*■ (s-a) Canada. dividend (quar.) Fund, capital Wood-Mosaic, 1-16 2-15 25c 1 4- 6c Electric Wolverine 1-20 25c Tandy Corp. Taylor Fibre Co., (From 11- 6c- Inc. preferred (quar.) preferred (quar.) 6% 1-16 20c ■ 40c $1.06'A (quar.)___ Stores, 3.60% Class (quar.)__ Cquar.) \(quar.) (quar.) „ Wisconsin Wisconsin • common (quar.) preferred Monthly Monthly 1-30 1 Company, Common $4.25 1-13 1-31 & Winn-Dixie 2-10 25c (quar.) 1 issued 1 Williams-McWilliams Industries— - a 1-13 2- A Wilcox 2- Stock 2-13 1 15c class 9-29 65c Trane 1 2- $1.25 Corp., 6-30 5.20ft Trade . 3- 62Vac (quar.) 3-31 1-16 deposits, and increase of $185 million in demand de¬ 2-20 32'/aC 7-14 45c Toronto-Dominion.Bank (quar. an 2-20 1 Stationery— Co. 4-14 f25c adjusted and $1,572 million in U. S. Government demand posits adjusted. 1 31'Ac io_i6 71/2C (1952 series) 4.25ft $1,236 3- 3- 60c (quar.)___ preferred Electric, 1-16 4V»% preferred Wilcox 1 Toledo 1 35c — (quar.) & 12-30" 2- Tobacco 1 2- $1 (quar.)_. Tablet White-Rodgers , statement preferred 1-16 1-31 regulatory condition 2- 2-15 - -- Wilbur 65c Therm-O-Disc, The ,2-15 common 1-16 (quar.)___ Texas Instruments, Condition Statement of Member Banks Securities, 3-30 20c Title - 1-31 (quar.) Texaco (quar.)_ & Telephone— (increased quar.) Wheeling & Lake Erie Ry., 4ft prior lien (quar.) Propane Gas— preferred Tenney Corp. Monthly Monthly issue. common 4-15 20c (quar.) Suburban M. 1-26 30c (quar.)__ (quar.) 2-11 dividend),: common Gas I. 12-31 : White Sewing Machine, $2 prior pref. (quar,) $3 convertible preferred (quar.): 12V2c (quar.) Suburban Class 2-15 2-15 $.0095 of Talon, 26'Ac - $.0095 B Strolee T. Om1 f) 3c 1-13 Container Storkline 1 2- 2-10 income 3-17 $.0095 B Class Stone 1 2-15 2-22 $2 — 9i/2C 203 1 31 —Mar - 60c 2- $1.20 y investment 9i/2C B 1-13 1-10 (s-a)— 1 91/2C 6 1 2-15 Light 9'/ac i 22- Fund— net Supply, 12ft (initial) 2-3 $1.12'/a I.) 4- $5 1-16 3-1 25c (quar.) R. 1 25c 1-16 1-31 30c 1 37VaC 1-31 6 60c 56c (quar.) 1-13 —L common preferred Westinghouse Air Brake 2-10 2-10 - 15c (Westerly, from preferred 6% 2-24 1-27 tlOc 2- pfd. A Class ' 1-27 t25c 3- (quar.)_ (quar.)—__-—— Co. ' 3-10- 1- 2-15 $0,047 - l2'/2c A Class 1-25 1-16 1 1-27 2-15 $1.12 V2 12Vac A Class 2-15 2- : (quar.) Westgate-California 25c pfd. 4 '/a ft Lloyds, Ltd. Mfg., class A Still-Man l-ll i$1.31 (quar.) Stewarts & 6 and 1957 1 Textiles, A Western from (quar.) (John 5.20% 1 Co.— due Co., Tandy Corp. cumul. •Announced A bonds Transit 4% Petrolane Jan. * Ltd.— series B due pfd. 1-25 5ft 5% 82c preferred (1954 series) (quar.) Susquehanna Corp. (stock dividend). _ 1st. Stern Strawbridge Co.— Feb. & and 1-23 (quar.) Insurance 5.20ft 2-1 1-3 2-10 (quar.) Trust Auto Common Fund— Corp. (quar.) Storer Broadcasting, common (quar.) Class B (quar.) Date Foundry debs, 1 Bros.,: Stores Stetson 146 Feb. Stern 2611 31 5JAft 3-1 1-6 2-1 10c ; , Corp., preferred of Rec. $i.oi Stock income gains) Sterling Precision Corp.,: 5% 5ft preferred C (quar.) 106 15 Jan - & subord. 31 Feb Sterchi Corp.— ENTIRE 5% Jan 1976 Company and Issue— American 2508 Corp.— ' debs, 5 —Feb 1965— debentures, due 1972— May Stores Realty Corp.— General mortgage 5ft bonds due Feb. 15, 1977 (May) Stern & Co. 5ft cumul. preferred stock 5V2ft 1 stock—Jan 31 subordinated Texas Page Co.— shares-- Co., Date , Co.— 4% Oil Ohio preferred RubDer mortgage Gilchrist 6ft Southern cumulative General 1st & „ capital Steinberg's Ltd., Payable ioc 1-16 1-16 2-1 2- 30c (quar.) — Light Western Share (increased quar.) 1 1-31 30c (quar.)__. Pictures 4.80ft Western Company Corp. 1-13 2-15 87V2c King~C0rp.,6ft^ pfd.~C ~(quar~7—------ Western Page Inc.— - .— com. Point Manufacturing Co Virginia Pulp & Paper, 4V2ft preferred (quar.) Holders 1-13 2- 1 2-28 20c (quar.) West When 1 18c West Per 1-12 2- 9.99 Class TENDER 1-27 1 62'/2c I2V2C (initial) com. — convertible Quarterly DIVIDENDS 1-18 2- vtro Waste Continued from page 14 1 7V2C new Fund Wellington Equity given in the Chronicle. 2- 2-15 15c (quar.)— - Bros. 4.80ft TP provisions. (except where otherwise indicated) 12-22 30c (quar.)i._—_ (s-a) ». Washington revised. 1-16 1- 3 15c 5ft (quar.)—— preferred Mutual Ltd. Gas ing tenders, and the page number gives the location in current volume convertible Steel gross 2-16 (quar.) (stock div.) common America, Manufacturing Vogt The date indicates the redemption or last date for mak¬ the of Washington after 1 (quar.) Works Warner shown and are 3- (quar.) preferred Food 210 + $1.12V2 25c (quar.) Corp. Extra redemption, fund Iron Washington to reserves; (San Sea Dorn 333 — 796 — of Preliminary 55 — others/ ? Exclusive • Below Reserve 1-3 A. Tobacco, Camp Vanderbilt + 3,092 2-1 1 I2V2C Leaf Ventures, Borrowings: Federal Corp., 1 2- Corp. 4 Va ft 302 + 86 3-20 1-17 (quar.) (N. Y.) (quar.) Controls Van 109 — 4 — 2- 1-30 62V2c (quar,),:— Y.) common Company +1,462 ■ deposits: Interbank From Co., Van 635 — 505 — 2-15 4-10 15c (Md.) (quar.)— (N. Co. convertible Vanadium 13,069 $2.50 $2.50 — 37VaC Co. Trust Valspar —1,201 deposits: banks Foreign Time 2,206 , 185 + 12,-30 Pharmaceutical & Upjohn Contingent 219,935 Insurance Vitamin + LIABILITIES— liability on acceptances purchased for foreign correspond'ts Fire 41 + 1-6 1-24 Corp.— preferred (quar.) Fidelity & Guaranty 43 — 4,120 2-1 — 4V2% 281 + 3,018 + 549 — 1,449 banks assets—net 80 + I.) (quar.) 3 — 12VaC JlOc L. /_ Chemical & Borax + 10,118 53,351,942 S. U. Banks preferred 6ft U. U. S. bonds maturing: 4,029 Hills, United Shoe Machinery, common + 1,185 2,597 1-12 1-31 1-31 Jersey RR. & Canal Co. (quar.) & Publishers, Inc. (quar.)— + 18,080 2-15 Printers t + 1-6 1-31 2-15 (interim) Ltd. (Forest . United 140 84 142 — Mines, Quarterly 365 + — 140 — 1,572 45 — 3 — 3,876 indebtedness 26 Hill 2-1 t38c — National Bank 1-6 ; +25c Co Keno United — 30,154 Fruit United 93 1-10 2-1 $1 — 240 1-10 12c (quar.) — 4-20 1-6 2-15 2-15 2-1 in- net securities profits) Corps, Ltd., class A $— 698 — from 4-20 4-20 4-20 $1 (quar.) (7c 1-20 1-20 1-20/ 2-28 (quar.)„ series) Fund 5c from $— — 1,495 12,500 domestic 2ft (1956 Continental 14 — 3- 1 3- 1 2-10 (quar.) preferred Extra —— quar.)— —; preferred United 8 — «. A com. Corp.— (1955 series) 260 — 1,671 712 commercial R. Aircraft United -—— (quar.): of California dividend United etc.— five years securities Other 288 — institutions: finance, years F. preferred 4% 298 + 182 — 127 banks of 491 — — (quar.)_. (Kansas), vestm't inc. and After Total Total 628 year five Ltd. Canada, Oil Co. Stock United 15,342 with 5% Union 196 + pur¬ loans one to Reserves Capital $ + 1,565 loans One Other ACCOUNTS— + 2,081 114 carrying: or financial Treasury notes and 26,389 50,961,962 —_ —1,236 securities Treasury bills Treasury certificates Within liabilities Total $4.00 System 3 ; (quar.) of 1,168 domestic Government S. $3.70 ,1-13 3- 1 1-20 40c $1.25 50c (quar..) (quar.) preferred (quar.) preferred (quar.) preferred (quar.) preferred (quar.)— preferred (quar.)___„ $3.50 1-13 1-25 3-31 2-15 2-15 2-15 2-15 5-15 5-15 5-15 5-15 2- . (quar.) common $3.50 $4.50 1 65c 45c $1.12 Va $1 92V2C 87'/ac $1.-12% 92'/ac 87V2c, $1 tl2V2c $78'/oc (quar.)— preferred Gas securities personal foreign to estate preferred Gas 1— to Loans Real Co., Union 1,542 nonbank Electric $4.50 (—) Since 1-16 1-28 1-16 1-20 (Cleveland)— 4% purchasing finance, Loans 18,279,083 381,986 reserves Treasurer—general Foreign Other for Other bank Union Union + (quar.) quarterly 5,491 — —.——— 1st preference A Commerce Bank Increased + securities Sales 27,743,447 28,184,732 dealers - • Member 6'A ft Union + 5,126 31,679 (s-a)——,■_.— 1-13 Acceptance, Ltd.— —1,938 1,097 and Government S. Loans . notes Deposits: U. Union —1,240 loans pfd. A Oil & Gas 1-13 1-13 1-13 2- 1 2-15 2- 1 2- 1 $1.40 $1.*0 12V2c 2V2c 62'/aC —- 1-13 1-13 1 1 1 1 2-1 2- 1 . $1.49 $1.42V2 — r. ...— (quar.) 208 South La Salle Street Corp. I960 securities for Co., 5 ft class Triangle Lumber, Trico carrying: or loans Other Federal Trenton Trust Jan. 13 . Government S. Other 53,351,942 51,515,163 (quar.) $4 preferred 1961t loans—! chasing U. preferred 109,122 adjusted?- industrial and brokers to Other Total $5.60 68,850 investments Agricultural Loans (quar.) Holders 2222- 25c - 633Ac $1.22V2 (quar.) preferred 110,617 investments-: adjusted? 101,071 237,643 loans Commercial and preferred $5.70 (quar.) (quar.) $3.70 Jan. 4, When Payable of Rec. Share (quar.) (In millions of dollars) Total 26,326,214 15 6,275,191 Gov't Total loans preferred preferred $5.96 or 1961 * Loans Total $2.55 $4.90 to Jan. 11, ASSETS 25,511,207 26,991,285 12,500 26,911,585 ;Increase (+) 1,510,145 : " Transcontinental Gas Pipe Line, com. , — 2,827,473 12,481,298 2,543,071 — Name of Company viduals, partnerships, and corporations. Borrowings of weekly reporting member banks from Federal Reserve Banks decreased $55 million and bor¬ rowings from others decreased $796 million. Loans domestic commercial banks decreased $698 million. outright— Bills H. Jan. 20, 60 , 16,145,641 account certificate Redemption F. Jan. 11,'61 Jan- 18,'61 ASSETS Monday, January 23, 1961 . or decreased Federal Reserve Banks Combined . Per carrying U. S. Government and other securities $673 million. Loans to nonbank financial institutions decreased $274 million. "Other" loans de¬ creased $140 million. Holdings of U. S. Government securities decreased a net of $84 million, largely reflecting a decrease of $142 million in Treasury bills. Holdings of "other" securities increased $80 million. Time deposits other than interbank increased $86 million of which $84 million was in deposits of indi¬ ing Statement of Condition of the Twelve . • ■ non-residents tax. x Less Jamaica income tax. - - | Volume 193 Number 6023 The Commercial and Financial Chronicle Security General Corporation and Investment News Work Stockholders—Security National Bank of Long Island is offering to its stockholders the right to sub¬ scribe, at $20 per share, for 97,371 shares of $5 par common stock, at the rate of one share of new stock for each ten shares Industries is engaged in the development and manufacture precision equipment for the nuclear and aerospace industries. 192, p. 445. Togs, Inc.—Appointment— Russ Manufacturers Trust the Co. has been -t\ appointed transfer agent for stock of the corporation.—V. common 192, 2511. p. close Saber Boats, Inc.—Hearing Postponed— Jan. 22, on shifts three 1961, the Fisher Co. & Sayre of Lightweight-Concrete Aggregate Divi¬ up operations to a full-capacity days a week, from two shifts a David Fischman, to Chairman of basis the of forward orders for lightweightof "Aglite," sale than 100,000 tons outlook "The in i building materials industry has improved the United States for 1961 estimated at starts of around 1,375,000 units. Sayre prepared to supply both synthetic and natural complete line of building brick, for new plant and construction on the Atlantic seaboard,'-' Mr. Fischman concluded. plus aggregates, home —V. 192, is to Inc.—Common Stock Offered—Pursu¬ PROCEEDS—The proceeds net will ... the APPOINTMENTS—Transfer Miss. Registrar, Jackson, Miss. Jackson, Jackson, BUSINESS—The State the of Deposit company Mississippi of agent, '' . in present name business the to of as stock, common stock, value $100 par Value $2 per share, value $2 per share. par stock, par GIVING CAPITALIZATION EFFECT TO t6% debs., due ""^Conditional tShort-term contracts sales bank Class , A install, monthly in due 1 loans ton, stock common —- Jr. $2) author. 200,000 shs. author. 500,000 shares——.. (par Inc. Jr., a by York, first a mortgage on " plant the of Pictures company has rate $700,000 line of credit under which it per annum, to finance inventories a of 5% during the fall and winter months. All debts of this line of credit are guaranteed by the selling additional shares of authorized but unissued common stock are reserved for issuance upon the conversion of the class A common stock and 15.000 additional shares of such common stock were issued 1960 12, Symington, ing to of rights certain of Charles underwriters severally have below named purchase ratably from the selling stockholders and the sell¬ have agreed to sell to them severally the number common stock set forth after their respective names below: Shares Equitable Securities Corp.- 25,000 Kroeze, McLarty & Co.——20,000 C. R. Bradford Dickson & S. & to J. Beane— 3,800 6,500 —_ Bateman, Eichler & Co.:— Landstreet & Kirkpatrick, Inc.— McCarley & Co., Inc 3,000 192, p. & R. Co.—: <w Southern Bond interest Court receive mission will The 1960 and partnership (which of of has at 10 cents proceeds operations. 3,000 1,000 Co per arei to 1 be , used for expenses notification with (par incidental $1) to to be mining /' share of Standard Harllee Standard at $781,000. In* addition; Dequesrie cash a1 liquidation have being plan for the apply subject is District for its of to approval Columbia, to approval and the in heretofore the old The venture; find the with the mortgage fi¬ the with compared the Of $1,500,000 the existence of in in the to will ore major Silverton addition Sunnyside and $19.50 previous the with for 4SWUJ> the operating $7,199,209 Net year. 1960, for operating 16 set area." the cut by one new continue Dividend—Net dividend another record of Feb. dividend to its will rate common of be 37'/a ore deposits below levels not He further stated: "I feel discovery the projections of down $1.50 per stockholders t-he Oil the feet thick. ten Preliminary 1960—Month 40.5 of Co.* In amounted Jersey)—Affiliate News- $ 76,581,431 1,763,839 587,556 1,688,875 18,775,898 536,601 6,251,404 5,539,990 operating income. 2,041,955 1,928,248 22,299,826 21,615,589 1,703,714 1,613,116 18,365,427 17,718,786 March on 1961, 1, all of outstanding 2,200 shares of $4 cumulative preferred stock at $100 share, plus accrued dividends. Payment will be made at the office of the bank, Spector, has Inc., p. 1570. *, * ' * Inc.—Acquires— Chicago, announced Stephen Steffke that 17 Jan. and largest motor freight common carriers, 1960 of revenues Steffke He until that co-ordinated now, for with of those the are President and achieved has significant strengthened . economies organization its i enable Steffke to operate without present fiscal Vernon is - President General Federal income year. of - Steffke and J. L. Pfeiffer is ' Vice- year is the second Co.—Acquired— Inc., above.—V. 189, 2246. p. Investment Co., 1930 Sherman St;; Deliver, 16, 1961, Colo., covering to offer 1,000,000 for public sale at $5>* per share and 400,000 shares in exchange estate ventures. The public offering is to be made on a- best basis by Stephen Securities Corp., for which it will receive offered be W. addition Douglas in exchange to' for real property considered suitable for Webb, Morrison* is listed the and as trustees George Chairman are Gerald Postma, all S. and Mr. Morrison L. Schlessman, Mr. of Denver. Secretary. Swingline, Inc.—Appointment— The for acquisition announced by Spector this Jan. 10, Spector announced approximated $1,500,000.—V. 193, p. 205. Manufacturers Trust Co. the 193, class A and class B has been common appointed sole transfer agent of the corporation.—V. stock 147. p. Tax-Exempt Public Bond Trust Fund—Proposes Off g John Nuveen & Co., 135 South LaSalle St., Chicago, 111., filed a registration statement-with the SEC on Jan. 16, 1961, covering $5,000,000 of interests (5.000 units) in the Fund. John Nuveeri & Co. is the sponsor and underwriter. The Trust Fund will consist interest-bearing* obligations of states, counties, municipalities of the United States, and authorities and' political sub¬ divisions thereof, the interest on which is, in the opinion of recog¬ nized bond counsel; exempt from all Federal income tax under existing law, and (2) such* interest income and any proceeds from the sale or other disposition* of such obligations. Such "public bonds" have been of or as (1) and territories will be Fund. of the stated Manager. month, and its seventh since 1955. On that it had purchased Great American Transport, Inc., of Detroit, and con¬ solidated it into the Spector system. Great American's volume last This Realty Schlessman parent that Steffke operations which have produced losses expected to be profitable in 1961, and pointed out losses will the has and changes. management past Steffke management, present , investment. listed that stated anticipates Cecil be the Steffke fleet. of Stanhaus under will produce- the best possible service, said W. Stanhaus, He pointed out that many improvements have been effected under Spector management, including extensive moderniza¬ to President. tion had operations ~ a selling commission of 40 cents per share. Stephen Reklty is a common law trust; and; otte of the trustees, Jdhn T. Webb, is President and controlling stockholder of tlie underwriter. Stephen Realty was' organized as a common law trust in December 1960, and as a real-estate investment trust for the purpose of holding, investing, and reinvesting in real property, interests in real property, and interests in mortgages on real property. Its objective is to provide a broad and selective/diversification in investments in tHe field of real estate, and* competent and continuous supervision. Of such invest¬ ments. Net proceeds of the cash sale of securities will be applied to the purchase of teal* estate assets; and' the 400,006 additional shares Rockford, 111.; and St. Paul, Minn. Steffke inch since approximately $8,425,000, presently operates major terminals in Eau Claire, Fond du Lac, Green Bay, Milwaukee, Rhinelander and Wausau, Wis.; Chicago, Rock Island, company one-quarter a real for In under Commission which through registration statement with1 the SEC on Jan. a shares will on temporary authority from the Interstate July 27, 1959. The ICC last November granted Spector permission to acquire Steffke, which serves points in Illinois, Wisconsin, Minnesota, Indiana and Iowa. managed Commerce day per 1,400,000 shares of beneficial interest. It is prdposed subsidiary. of the country's one 191, System, System, wholly-owned a Mo.—V. Freight Freight Spector as Louis, St. Spector it redemption for oil API Spector Freight System, filed - 192, p. 2656. called in 20 W. efforts has Concession Stephen Realty Investment Co.—Files for Offering- 17,624,447 taxes- company degrees Steffke Freight 71,716,713 $ Southwest Bank—To Redeem Preferred Stock— per in Jersey) has another Wholly owned affiliate (Libya) Inc., which made the Zelten field discovery, also in Cyrenaica Province.—V. 192, p. 2657. $ 6,681,123 charges— well the Tripolitania Province' of Libya, and Concession* 20 in Cyrenaica Libyan American Oil is a wholly owned subsidiary of Texas m 116,496,739 7,169,232 after is Gulf Producing Company. Standard Oil Co; (New in Libya, Esso Standard 1960—11 Mos.—1959 123,908,559 taxes.._ feet* values Province. $1.49 to 10,834,847 income indicate assays January, I960; Esso Sirte acquired from Libyan American Oil R. Grace, an undivided half interest in Concessions 16 and 17 and 11,562,582 operating Tunnel five (New Jeirsey) announced on Jan. 16 that it had affiliate, Esso Sirte, Inc., that controlled production extent of the field. to Co.—Earnings— 1959 one and 2,250 barrels per day through a half-inch choke. Testing is being continued' at higher rates from this new discovery which Esso Sirte terms "significant," and the company is confident that production rates can be increased to 5,000 barrels per day by opening additional section and by acidlzatiori. The new field is located in the southeastern portion of Concession 20, about 80 miles from the Mediterranean coast. Esso Sirte has moved a second drilling rig into the area, and two additional wells are presently being drilled to determine the real share equivalent Dividends paid by 1960 American veins, choke director new a Sirte barrels corre¬ for per snare. in the to operator of Concession 20 which it owns jbintly with Libyan American Oil Co. and W. R. Grace & Co. The Raguba-1 well has a 220 foot gas and oil bearing section below a depth of 5,280' feet. Initial test data obtained from* the 40-foot perforated section, 5440-5480, resulted in production rates of 494 Up— cents American 192, p. 2656. Esso corre¬ calling 6, the on ton. per standard revenue income elected rate, gamble revealed' mineable core Standard Oil Co. (New to new a budgets 802. Extension of the American Tunnel to reach the Sunnyside projections continue in addition to the development of the new ore discovery. the 1960, amounted months ended $1,148,967 30, Nov. Com¬ p. will >HIU 12 States the 192, Mr. McCormick stated that the discovery of this ore has greatly accelerated shipments of ore from the mine and that as, drifting is completed into the new ore body, more detailed information regarding assay value and extent of ore will be available. < joint for that ore See The United court level." per —V. the Steen, known confident Life manage vindication A. confirm's that ore Branch, Jr., President of the company, reported that the consolidated net income for 1960 was $46.1 million, equal Federal by which enforcement.—V. Vibe-President in charge of exploration and de¬ velopment stated that: "this development is very gratifying to the management of Standard Metals. It is one thing to have geological evidence that thick and long ore veins will be cut below known work¬ ing levels and another to confirm the fact with the discovery of new to hold Sun is Charles constructed, which under shute ore 50% contributed system's $2.06 common. Tunnel. is will for the and common; William R. McCormick, President, announced a new ore discovery containing zinc, lead- silver and gold in the American Tunnel at Silverton, Colo. Mr. McCormick stated that the discovery of this blind agreed to build the their guarantee of $1,850,000, $7,854,690 1960 amounted 1961 annual an Standard at Standard Metals Corp.—News— remaining months ended Nov. 30, 12 with Co.—Hikes company share. a through 3,000 Ore.—Files With SEC 29, 1960 file's a letter of shares of common stock share, without underwriting. corporation on Dee. SEC covering 500,000 Thp 50% $1,175,768 Jan. on approved taxes Seranton Mines Ltd., Portland, Offered & 1344. The the Willis ton Clark, 6,500 3,800 3,800 Inc.— Baker, Weeks Lewis & Co —V. Meltzer of are commitment a period ended $7,475,884 compared the in 3,800 Robinson-Humphrey Co., 3,800 6,500 Co., Inc.— Goodbody & Co—J The Metropolitan Dallas Corp.Rauscher, Pierce & Co., 6,500 Co for will partner, share 1950, indicated. period stockholders of Shares J. J. stockholders of shares the to months Steffke, UNDERWRITERS—The agreed exercise the upon Jr. of (b) held'; one Wisconsin, District for construction expenditures $173 million by its system companies. The new quarterly dividend on common stock, payable March 6 and re¬ 11200,000 Dec. which months' Southern borrows, the company stockholders. to public December The who apartments price compared as 11 Directors of notes, ceivables under 11 and its these amount estimated1 by assume, efforts $1,469,593 compared with $1,393,976 for the corresponding period of 1959, and net income was $1,007,591 for the first 11 months of 1960 compared with $996,860 for the corresponding period of 1959.—V. 192, p. 348. r- -*■•.-'• School Inc. of interest an venturers, the and revenues for the to sponding Net which are secured by equipment of*; School Pictures of New York, Inc. acquired from Rochester Laboratory, Inc., are due within one year from Sept. 15, 1960. ., ./ 1 • +The other $ to associates of Charles J. by School Pictures of New :* § Secured at in general a as ownership. fixed construction, Operating revenues. Operating expenses. t Laboratory, Inc. director, and assumed Rochester by Symington, """All 50% under total a its which upon purchase amounted first Net York, Inc. New Gorlitz, J. the by contract for of the Other tissued . held amounted For of payment- of $50,000, Standard's contingent another former subsidiary, arising out of- the method of accounting, for income tax purposes, for the expenses of Wisconsin's changing over to natural gas service in the years 1946- by Laboratory, fofe each shares 100 common rate Wisconsin1 common testing had*,hegun ,0f Raguba-1 discovery the Cyrenaica- Province: of Libya: H100,000 shs. $2) (par for "Period End. Nov. 30— 200,000 shs. each the at (c) been advised of its School Pictures of New York, Inc. to Charles J. Syming¬ and his associates in payment of the assets of Rochester stock "'Issued Samuel Southern New England Telephone 37,665.00 9,298.43 165,000.00 — an ■ CapitalCommon be $8,285,319 etc., Outstanding in monthly install, serially through 1969- mtge. note, due cdsh Standard Of former will share, a gain of $2.9 million, or 6.8% over the 1959 figure of $43.2 million, which was equal to $1.92 per share on the 22,402,250 shares outstanding at the end of both years.—V. 193, p. 204. 1964__ — $200,000.00 through 1970 49,158.50 serially through notes, due prom, t.§6.% of sponding periods PRESENT FINANCING Debt *6% to shares, for for to and in shafes preferred stock Standard* common", plan also incorporates certain agreements under which Duquesne, subsidiary of Standard; will asume all liabilities: which Standard and Philadelphia may be found to have with respect to certain Federal income an dexcess profits taxes for the years 1942through 1950; ahd* in' return for such assumption Duquesne will receive $3,500,000 cash and the assignment to it of a payment due Standard by Equitable Gas Company, a former subsidiary of Standard, 30, 1959. Net operating income, after operating expenses; main¬ and depreciation was $1,680,239 for the year endfed'Nbv. 1960, compared with $1,561,731 for the corresponding period ended Nov. 30, 1959. Net income, after deductions for all interest charges, share, into 20 shares of common 40 shares of class" A common per $1.30 4% of The a 30, 1960, the Charter of Incorporation of the company was to change each previously issued and outstanding share 7, (d) three each- 100 par tenance, taxes v so rate'of for $50 shares Nov. was on April 27, 1960, and acquired on Nov. 15, 1960, July 31, 1960, the business of Canadian School Studios, Ltd., a school photography business taking school pictures in Canada. School Pictures, Inc., a California corporation, was formed in 1956 and dis¬ tributes school pictures taken in the State of California and finished in the company's plant in Jackson, Miss. Sept. Investor land of Operating is a corporation organized under the laws in 1946 as National School Pictures, Inc. of On largest 100 thick poration, was formed amended each best Southern Colorado Power Co.—Net Up— three subsidiaries. School Pictures of New York, Inc., a New York corporation, was formed for the purpose of acquiring the business of Rochester Laboratory, Inc., a school picture business operating in the same manner as the company in the northeast part of the United States and Canada, which was purchased on July 28, 1959. Dominion School Life Photography Limited, an Ontario cor¬ as third —V. has company thereof Duquesne's of First National Bank of Jackson, Guaranty Bank & Trust Co. of ' The offered venture will use the $350,000 together nancing for construction of the apartments. Cafritz will apartments and will be the exclusive leasing agent. developing, of be to joint .. adopted in 1954. The company is engaged printing and finishing "school pictures" taken by independent photographers throuhgout the country. "School pictures" are primarily individual photographs taken of pupils and teachers under the auspices of their schools. These photographs are used in school publications and permanent records, and prints are sold in packages, averaging 20. pictures each, to students for exchange with other students and to give to their families. The Corporation, in addition, $2,811,389 of cash will be (plus an undetermined amount of cash to be paid ih fractional' shareS). Under the plan, Standard will distribute stockholders (a) Duquesne's common stock at the rate of eight its to Company of Canada has agreed to provide $1,500,000 of mortgage financing for the apartments. The net proceeds of this offering, estimated at $348,000, plus con¬ tributions of $2,000 from Mr. Gorlitz and Investor Service, will be . •' : distributed Service shares first equally divided among eight proceeds will be received by be company. interest, offering is to be made on a Service Securities, Inc., which plan a of Assurance used selling stockholders, and no part of said lieu Files for —- The property) will acres completion Jackson 1, Miss., publicly offered 75,000 shares of this firm's $2 per com¬ stock af $9,875 per share. Partnership guarantors under the agremont. The $350,000 in cash to the Joint Venture the apartments Tenn., and Kroeze, McLarty & Co., of mon the approved distributed so 2372. p. partnership units. construction a 12 prospectus, an underwriting group Equitable Securities Corp., of Nashville 3, by the shown are to 9.2 Jan. a headed 192, limited composed interest ant has Is SEC unit contribute title School Pictures, It selling commission. partnership was formed under Maryland law directors a 2511. p. counties. Island the securities and cash1 of the two companies. The securi¬ consist of 160,108 shares (1.5% ) of the common 24,264' shares of $50 par preferred stock of Duquesne Light and 59,124 shares (2% ) of the common stock of Wisconsin be and Public Service as a limited partner. Its purpose is to buy a 50% ownership in The Shadyside Gardens Apartment Development in Suitland, Md„ which is now under construction. It is expected that the first group of 44 apartments will be available for occupancy by February 1961 and the remaining 176 by May 7, 1961. The partner¬ ship has entered into a Joint Venture Agreement with certain other venturers, namely, the wives of officers and directors of L. G. Meltzer Associates, Inc., the builder of the apartments, which officers and well is Fisher & the Long to Company, Investor including housing billion, $57 for construction total Suffolk or of 1961 program for the liquidation and Electric Company and its wholly- portfolio stock liability $1,000 per The and ton, compared with $5 a ton through 1960 and since 1958. per with Bank Gardens Limited through $100 of lightweight aggregate for delivery in the first quarter of 1961, earnings for the company should be the highest for any three-month period in its recent history," Mr. Fischman announced. "All deliveries since the first of this year are billed at the increased price of $7.50 'Aglite' of in basis the Board of Directors. more the ties at , 17, partnership of 1823 Jefferson Place, N. W., Washington, D. C., registration statement with the SEC m Jan. 18, 1961, covering a $426,000 a "On National Nassau County.—V. This filed seven day for a five-day week, to fill the expanded orders for concrete aggregate, sold under its registered trade name according in Shady side Offering— stepped day, per bank Suffolk Sayre & Fisher Co.—Increases Output— of record 19, a subsidiary, Philadelphia Company, under provisions of the Holding Company Act. The plan provides for distribution to stockholders of Standard of offering is of Co.—Liquidation Approved— Jan: final step in Standard Gas & of 51 owned in prior order suspending a Regulation A exemption from Securities A£t registration with respect to a stock offering by Saber Boats. Postponement of the hearings was authorized in order to permit addi¬ tional time for pre-trial conferences between counsel.—V. 193, p. 147. Starting stock common announced the as dissolution from 1950 through 1960, based on tptal deposits including those acquired by consolidation, of the three largest banks originally chartered and now operating in the two counties. The Bank on Dec. 31, 1960 had total resources of over $212,000,000. The Bank operates a branch banking system through 27 offices, plus an Air Force Base facility. It now has applications pending with the, Competroller of the Currency for five additional branches in a sion of Jan. The decision a proposed percentage of growth of counsel for Saber Boats, Inc., formerly of Accokeek, Md., the SEC has authorized a postponement from Jan. 16 to Feb. 20, of the hearing on the question whether to Vacate or make permanent request basis business BUSINESS—Security largest On to of held. stock common In 1961, aund the right to subscribe will expire at 3 p.m. (EST), Feb. 6, 1961. Bache & Co. heads an underwriting group that has agreed to purchase from the Bank, at the subscription price, any of the new stock remaining unsubscribed at the end of the subscription period. —V. •The holders the Calif. Royal of of being made the new orders will be performed by Royal's Vard Division, on Standard Gas & Electric National^ Bank of Long1 Island—Rights Offer¬ ing to Continued from page 10 Pasadena, (423) sum acquired by John Nuveen & Co. and deposited in the Trust offering price of-the units will be computed on the basis evaluation of the underlying public bonds, plus a The Trustee's percentage (to be supplied by amendment), and" dividing the by 5,000. The fixed percentage will produce an under¬ thereof writing! profit to1 John Nuveen & Co: for payment' of certain expenses and for its charged to compensation as underwriter. No management fee is to be the Trust Fund. John Nuveen Co, has specialized in the underwriting and distribu- 52 tion of (424) The Commercial and Financial Chronicle public bonds exclusively. Laurence J. L. Howe is Board Chair¬ Amount The officers Francis I. Eastman employees. or Number Principal John Nuveen, Vice-Chairman, and Chester W. Laing, President. company's directors own 178,467 shares (75.84% ) of its outstand¬ ing common stock; and all of outstanding stock is owned by directors, man, Elkins, duPont Co. & Morris, that 2,700 be proposed filed 90,000 450 addition, 120,000 600 000,000 300,000 1,500 240,000 1,200 450 600,000 3,000 120,000 600 90,000 & 450 Co for additional facilities this week. Completion of applications will increase capacity from 90,000 Stokes application an will and 900 540,000 Dillon, Union Securities & Co. and of Shares 180,000 Monday, January 23, 1961 . tne 1,262,000,000 present storage all capacity would be costing facilities the to pipe in daily 1,496,000,000 increased from $30,000,000 these line's pending allocated cubic the In feet. 340,- present ' Tensor Electric Development —Files The on Jan. 5, 1961 filed a letter of notification with 100,000 shares of common stock (par 10 cents) to share, through Dresner Co., Michael & Co., and Inc., New York, N. Y. at & $3 Co., proceeds be to are used purchase of for Louis A. that operations satisfactory Revenues increase in of the This . loan, in 27% a Nov. with Nov. rise Oil the & Gas of 1960 Corp., fiscal last 1961 period 30, casn in of revenues 1960, 30, exceeded those accounted from of for the 66% $266,123 been the November of total gathering and gas mid earnings totaled revenues the in months same has company results to have $37,237 like ings and gain 1959 and by quarter with revenues oii in sales, gas 79%. These additional an which 17% Net of the before. year in the Despite these November quarter charges, cash still were close of 20 for the cents the with compared 64% in the months share period. In ended the on the Nov. 760,583 November 30, 1960 shares & Gas W. merger). located are in Carl quarter the purchase "We for $2,000,000 a Oil & be of pleased are Gas to As that line last 1960's bank already company is of net arrangements credit terms. our for the full be has will that income."-—V. 192, made added fiscal is the the and noped McDonald 450 600,000 3,000 completed S. 120,000 W. to 540,000 360,000 120,000 Co.__ 120,000 600 450 180,000 . Pierce, Fenner Co stated W. R. & 450 900 600 1,500 & 300,000 Gardner & Co 360,000 Reynolds & Co., bonds, 5% series due 1981, priced at 100% and 150,000 shares preferred stock, 5.52% series (par value $100 per share) priced at $100 per share of this corporation. books The offering bonds used to and will be for made 1963 will at to in proceeds to the connection to additional to refunds with cost the approximately revolving under sale of a credit semi-annual five of less sinking 9v- the years company $92,000,000 notes proposal which which Shields F. company bonds than fund not prior refundable but July H. 1, Bros. Stern Brothers Stroud 12 preferred than the stock 5.52% 1, at 1966, not refundable but annum time any is at at cost a otherwise prices scaling down to $100 to the redeemable from $105.52 of company at the 1, sale natural gas, Texas to in princmal its per New day, The sales including petroleum Big extending York. from system of area, the has of deliveries <rom i-s 2,078 miles of pipelines. ,J®xPlbration for and production 193, p. and bonds the The of and The new number of names the 30, company oil and is gas principal by underwriters amount Principal Lovett Abercrombie A. C. Co. & Inc.__ W. Baird Baker, Weeks & & Co., Inc._____ Co._______________„_ Ball, Burge & Kraus Barrow, A. G. Blair Co. & Co. Chaplin, Curtiss, J. & Co Inc M. & & S. Dickson Dittmar & Dominick - Co., & Co._ Co., 600 1 500 300.000 1,500 2,700 450 1,200 450 450 180.000 900 90,000 Inc.__. 600 . Inc Drexel & Co—_______________________ Weld 1,800 Co. & 90,000 2,700 90,000 Co.— 600 Thompson Fiber Glass Co.—Sales Up— Co Biddle Yarnall, - & & Co of This firm Angeles Los the ended year Oct. 1959, in recorded 093,491 55 on Jan. 16, reported sales of $12,611,063 31, I960, an increase ol 13% over the $11,according to company President William C. 1960 gains they substantial, not were diversification company's development rise the made served ' to maintain improvement in both asets he sales possible, at 190, sales are to non- end were $4,445,224 and current liabilities the current ratio to 3.3 from 1.8 in the previous improved equity 47% to at $1,632,084 year end. of some records. Directors, net operating is 1960 estimated The net reported profit subsidy for after $7,973,000 recapture operating of from $823,450 attained for the in profit for the SS. in and deprecia¬ of age during 20 years, and States in an for total earnings amounted to to $8,155,812, were stock 1960 year the preliminary amounts $4.77 to share per $4.86 the for of Board Directors Jan. on share 17 Jan. on the on 10, also 1961.-—V. a share on June declared stock, common Feb. on payable 192, declared 17 1961. cash, a March dividend 3, 447. p. the preferred on 9, 1961 to - , .'- V % the to 1953 of Issues Declaration the United Stahlwerke States Deposit the Dollar dated Plan Aktiengesellschaft as the for and Bond Deben¬ (United Steel liquidation, Hamborner Bergbau Aktiengesellschaft, prepaid ics obligations in the amount of to the date of payment. The amount of has interest obligors with principal, of prepayment Agreement of connection with in under Vereinigte in Corp.) and into entered Claimants of together with the annual amortization by the remaining obligors, will be distributed on Feb. 1, 1961 pro-rata to the holders of record on Jan. 20 of 4%% Participa¬ tion Certificates at the rates of $24.10, $12.05 and $2.41, respectively, for $1,000, $500 and $100, original face amounts of Participation payments United Systems Corp.—Formed— Formation 15% this of defense on corporation, projects, with the objective announced was of saving up Washington, D. C. in to on 17. The will firm's new provide President, systems Elmer P. Warnken, explained ithat capabilities for missile and space manager operating under a new management concept tribute. materially to lowered defense costs." • "which will USC pro¬ con¬ i Tool Crib Rental & Investment Co., Files With Securities and Exchange The the Seattle, Wash.— Commission— corporation on Dec. 29, 1960 filer a letter of notification with covering 100,000 shares of common stock (no par) and 14,000 of 6% cumulative preferred stock (no par) to be offered as follows; For underwriting $1 common, per for share; preferred, $5 per share. has USC of assets to No 1 is involved. this said He proceeds are to be used for working Amcel and Transcontinental Gas Pipe Line New construction 600 corporation 450 ago E. on Jan. Clyde program is to estimated expand the 16 first brought McGraw, awaiting to capacity natural President, 'final cost expansion. Corp.—Expansion— $100,000,000 of gas approval of is planned by the the system which ten years the New York area. to announced the that Federal $70,000,000 Power to be achieved "through elimination and been of- this Commission CTL Division shields strument tion, and support will quality by four Each missile existing contributes and space and Studebaker-Packard heat Corporation resistant of Acton Merz-Chambers Systems providing staff of equipment, United in formed $700,000,000. of anticipated companies a a special coordinate control, tools, Corporation single corporate all feasibility structural special combined enabling USC members. in serve a assignment of of explosives. nose cones, Technology In¬ instrumenta¬ test and ground assemblies. the general including and electronic ana as Corporation builds machinery, structures will contact, activities and Corporation specializes builds with specialty, vehicle systems. Propulsion Inc., a subsidiary of Celanese specializes in propulsion devices, propellants America, capital expected undertake complete heat The is pyramided general and administrative overhead costs, of profit at the prime contractor level." reduction SEC shares [ net 1960 year $220,447. preferred comparable there traded additional the / , . 1960, vessels earnings 1959 1960. in from resulted the taxes of United $7,973,000 gains net for stock, of total on after depreciable life of those with an amendment to the capital that reduction the earnings and by discontinuance accordance which was enacted income net benefited in dividends for 1960 change contracts t 1, of grams, 1020. p. 450 L800 this year Stockholders' year. —V. of and he added. improving $1,327,312, 90,000 1 *>00 one Jan. Current books Certificates. in of Hitco 40% Approximately program. markets, defense 120,000 360,000 ture Works despite a general defense spending slowdown during 1960, and extraordinary expenses incurred in an accelerated new products after of year for charges 1936, Directors of a $279,351.86 company's seven-year record of uninterrupted and earnings, Mr. Winterhalter said. The Jan. of sales said, and adjustments year record of :: Treatment after taxes were $938,091, or 56 cents a share on 1,670,073 currently outstanding, compared with 1959 earnings of $920,863, cents a share adjusted to the same number of shares. While the its that on announcement 011 United Steel Works Corp.—Distribution to Holders— ^Earnings or the amount operating common Board cents 50 holders Pursuant for trading in all New York Stock common 51. p. (H.I.) on Coast 1959. 450 120,000 Inc on common Pacific to The Board estimate for for bringing the comparison, total on and Subs.)—Estimated Results the America from adjustments provision of (& net SS. Act, By prior share The 450 —540,000 & in common the the and regular semi-annual cash dividend of 22% cents stock, payable July 1, 1961 to holders of record 2,700 540,000 - — high common and in on applies company resulted years net DIVIDENDS—The 4501 90,000 Co & Cohu & Stetson Witter 193, 600 25 to $8,297,000. also adjustments. the in construction which it of results the $324,000, to warrants preferred a tax depreciation to of 1,500 & Co Masterson —V. 120,000 —. income resulting year new estimate 300,000 Co now $7,935,365. after 20 the preferred Exchanges, adjustments preliminary 1959, Marine of After 360,000 Alstyne, Noel & Walker & Co 450 240 000 on and year-end lower from profit per H. for, within is move record a trading in the the the followed reduction ships, in and in Chairman charges prior year 90,000 ____ in 450 90,000 Inc. 900 600 600 450 300,000 * 2,700 180,000 were 1,500 Woodard-Elwood 1 200 120,000 Co., Dominick 900 90,000 Co., Inc._.._ Securities Davis, Skaggs U Co.~ R. 1,500 90^000 __' House Dain 300!000 240,000 Co Dallas Union 450 90,000 _____________ Richard W. Clarke Corp._____ Common, Dann & Co & 11,700 90,000 240^000 to exhibits 540,000 __ — McGuiness Dodge & Co. Courts as 90,000 Inc.______ Inc.__. Blyth & Co., Inc. Clark, agreed of Shares 120,000 Leary iz Co Becker & the conditions 120 000 ______ Co. & Robert of thereof $1,800,000 Co.____________ Allyn and Co., Inc.____ Bache states, 180,000 & 540,000 L. Day Co., Inc establish: of Stock in and its subsidiaries was addition In 120,000 The Number Amount . Read Merchant 600 450 300.000 Dean Little engaged 11 severally 600 90,000 Trask Winslow, f*et included also the Dillon, its 1960 company, subject to the terms and respective underwriting agreements filed to the registration statement, are as follows: in vessels capacity cubic in 450 Fox R. the >';• with charges from cargo Anthony shares the specified southern 17 1,500 White, whole¬ facilities. conducted Sept. preferred series, and the principal shares thereof which each has of from purchase is at in delivery million storage 51. UNDERWRITERS new gas transportation business througn a system which division 2,362 and 450 300,000 Wertheim 1975. border authorized products Inch approximately —v. Mexican an approximately tion 900 450 G. through at 1,500 Coast trading the This recapture. 600 Van is sale of 2,700 900 White, share after Jan. per depreciation 1959 600 Spencer company's principal business is the transmission of also engaged in the transportation of petroleum products and in the production of oil and gas. The company owns and operates a pipeline system for the transportation and It gas. year 90,000 & 1956 "Hercite" and companies that Over-th^-Counter Market. Federal Compared Tucker, BUSINESS—The natural before the 120,000 & Co both added should trading to action final but 120,000 Neuhaus & of He suspension Exchanges; the and for 900 120,000 Underwood, the as Industrial Corp., of Los Angeles,' Calif., purchase of United common, during the 10-day 1961, inclusive, it was announced on Jan. \ 17. Pacific Stock that 900 180,000 & since seals known Corp.—Suspension of Trading— Exchange, Franklin, 17 90,000 — areas. large users in the field. said, it has been necessary Sachs January the 25, 2063. company Co Thomas less- option share per Jan. on 90,000 Swiss American Corp the is per company Jan. for months M. 180,000 Co., Inc hermetic method own States Lines Co. 1,800 Cartwright & Co. — . Sweney preferred st^ck is entitled to a sinking fund retirement during each 12 months commencing ending May 31, 1967 of 2Vz% of the new pre¬ ferred stock outstanding on May 31, 1966 and after May 31, 1976 5% of the preferred stock outstanding on May 31, 1966. The sinking 'fund redemption price is $100 per share., For a period of five years the provides & John 120,000 Webster Securities Corp & Stone 105% 600 .1,800 — Frank, Meyer & Stern, redeemable natural of Eastern Inc. have approved an increase 2,000,000 shares from the 1,000,000 started. write-downs p. 540,000 Co &: 192, 300.000 Co businesses. supplier other and were applies in United 180,000 Boyce & —V. 450 Co,_ Stein option of the company at any time at prices scaling from downward to 100% in 1981. the Steele & J. interest an REDEMPTION—The with & to and The 180,000 Co and major :. for the of 360,000 & the this utility public United Exchange. $7,000,000 • provision Co & Staats maturity' to at otherwise are R. Starkweather beginning bonds the oc are 5% Smithers S. William of suspended 1,200 : homes the Jersey operations and _ 1960 Stock issues 240,000 Co. Inc.— local of by. several Mr. was ordered 16 American three the Scribner Barney & has Detroit 450 . for York 1,800 Co.__.-. & Co to is manufactured its integrate stocks Jan. 90,000 Agnew & Co has demand move suspension 360,000 1-, to 1,500 Co Co._ & Deane Smith, be may the Singer, in & Hutzler__ & Hammill & Shuman, construction 1961 which Winston Shearson. % approximately of this company's customers. retire from company stock, approximately $32,000,000 will be outstanding revolving credit notes. The estimated FUND—A the the in are rate period a net preferred used its to SINKING cost Rowles, ' - 360,000 Co ' 1,800 120,000 & in Exchange 90,000 Inc.— Mosle & Co Schwabacher currently applied or incurred For the which programs, 1961, the Co., SEC New and 300,000 - Rothschild F. L. Inc.-- Co Salomon Bros. retire balance has and & fuel Line Components, acquisition, sales the • _ Robinson-Humphrey Rotan, closed. PROCEEDS—Of the the oversubscribed was Riter The Pipe employed completed a result. as period 600 Reinholdt line of Gulf in gas Extension 1 is in warrants The 600 Reynolds & < 450 —Dillon, Read & Co. Inc. heads an underwriting group $30,000,000 first mortgage pipe and 1,500 which offered Jan. 18, natural authorized. this the 120,000 120,000 on The 600 90,000 Inc Co., the weeks preferred 450 90,000 Pierce factors from piped gas by increase. .. 600 Co Rauscher, heated growth the by area are Island-New United Industrial 600 120,000 Pressprich & Co Putnam j 1 300,000 Webber, Jackson & Curtis—— Jaffray flz Hopwood Prescott, Shepard & Co., Inc acreage 1,500 120,000 Piper, more .." •'% $595,000, compared with $195,000 for 1959, Mr. Sachs reported. Concurrently with the company's steadily increased sales, he added, "we have showed a steadily improved earn¬ ings picture."—V. 192, p. 2065. 600 180,000 — Gas division company Total 600 120,000 Co principal United This profits, 3,000 120,000 Co.__ & Pacific Northwest Co Corp.—Securities Offered 600 90,000 Co The considerably better 2,700 — Son of which Since two 300.000 & Co York five-fold a 2373. particularly the 120,000 — that 1960 example of the rapid acceptance of about four million customers are now homes nearly distribute presently process, 900 120,000 & and 600,000 & Lynch V pipe an New corporation's capital stock to essentially .—_ Co year." Paine, in Components recently acquired the Hereon Electronic Division Harvey-Wells Corp., Rudolph Sachs, United President;" told stock¬ of Smith & as period, York-Long p. holders. 450 120,000 ____: 192, the 900 180,000 90,000 Inc fiscal dur¬ Va natural United 450 1 Wells & Ohio the ;'■• a- needs, Transco has constructed 550,000 the which New shares 600 .„ Co in 450 90,000 90,000 ^ that, alone, .of one Directors 1,800 90,000 Cook %'%v in United Components, Inc.—Stock Increase—News- 2,700 i future this than area is to —V. 1,500 !— and Transcontinental 1,800 Newbold's H. Newhard, increase an brought the first increased its investment has the of areas and included are Transcontinental company metropolitan More York gas 2,700 300,000 Moseley & Co.__ Mullaney, Tex-Star stations 600 540,000 Morgan Stanley -2167;'%:'./"'. p. Texas Eastern Transmission companies 600 2,700 90,000 360,000 Moore, Leonard earnings will exceed to service 120,000 Meeds Milwaukee The F. developments 450 540,000 Co Beecherl Mr. New Co Merrill, Turben & Co., Inc in it will give Trans¬ supply gas stations ■ said the states. Co Lynch, of since the during gas in 900 Miller & Co Mead, natural 90,000 Inc.— & Co., the than 450 Co & from compressor current 90,000 540,000 Surrey expected served Corp Inc._ & fully completed, lines new existing -n';..'-'Z/'.atv* x years York, When pipe Two capacity McGraw 450 Corp._ & McDonnell covering to are 1961 chat company been Co., Masten & net acreage available funds year, revenues "It enable have plans for 1961 performance. 1961 to These expansion confident record course year's of outlook management fiscal ing the the that report finance to the to favorable on sufficient where area E. A. Mr, 900 1,500 Coe McCorinick heating new flow, 180,000 Space Co Irving Lundborg & Co the of equipment to nearly $700,000,000. Initial deliveries totaled 136,000,000,000 cubic feet, compared with a 440,000,000,000 cubic feet. To maintain this continuous both 90,000 Inc.__ Loeb, Rhoades & Co._: & for 180,000 Clark, W. Brothers M. winter miles 5,200 miles of pipe line and has gas reserves under contracted approximating nine trillion cubic feet. 600 1,500 300,000 E. & Freres <°* Merrill agreement was also concluded, as of Dec. 1, three producing oil wells in Nueces County. 1,800 120,000 300.000 Langley & Co._: Mackall 573,009 on the 360,000 Co 2,700 ' of $152,597, was of Co & Higginson Lehman . an An C. Lee Commenting on recent developments, Mr. Eeecherl noted that of special significance in the first fiscal quarter was the purchase of an interest in nine producing oil wells in Knox County. These weiis production. Loeb current 500 year Lane, Laird. Bissell & the for approximately and first Co Peabody Lazard outstanding at of last year, lines total 540,000 Co.— Kidder & Kuhn, ten New 600 & Lemon Mason-Hagan, three per M. Kidder, the to 1,200 Kirkpatrick-Pettis ahead months same & Johnson, In gas 240,000 & Li Battles parallel New York. compression 120,000 Inc Co., Weeks Hutton three to program.: : Co.— & Hutton E. A. year. was $125,611, equivalent to 22 cents per share based (reflecting adjustment lor 100,200 snares issued in shares Oil This F. in company's main line. Co & & Noyes & the Co Ripley Stone Hentz and 540,000 ;_ customers bama, Kirkland Joseph, Mellen & Miller, Inc.__: /,* \ fiscal income income 600 The earn¬ well year. revenues. to 120,000 Jenks, Sulzberger, Co. Johnston, been income net previous equal 1,200 W. undertaking an active drilling program and most satisfactory. However, there has been an abandonments and expired leases which amounted the period under review as opposed to $5,000 in during prior of 240,000 Janney, earnings in the quarter ended Nov. 30, 1960 (income before depreciation and depletion) were $216,764. In the corresponding months of last year, cash earnings were $171,156. In the first quarter of fiscal 1961, cash earnings were equal to the Southwest E. sales derived extraction gasoline Cash 68% 900 Hornblower been months the of 180,000 Hemphill, the of increase in dry holes, the continental Hayden, • the of Harriman 21% a $321,121. plant activities. .These results for the first quarter of fiscal 1960 are adjusted figures giving effect to the operations of Surrey Oil & Gas Corp. starting Oct. 1, 1959. .The 900 600 & its construction 2,700 Halsey, Stuart & Co. Inc an includes pipe in the states of Texas, Louisiana, Mississippi, Ala¬ Georgia, South Carolina, North Carolina, Virginia, Pennsylvania New Jersey. This will complete about half of the second looping line 120,000 & of program -V." 180.000 Hallowell, year demands 1961 540,000 H. has the meet The 600 year. registered year. -Especially significant to season. 2,700 Marache & Co day, giving the line a maximum 1,953,000,000 cubic feet per day. per daily capacity of McGraw said that approximately $52,000,000 was spent last year constructing additional pipe line and compressor facilities sufficient 120,000 Hayden, Miller ended — Stieglitz—; Hallgarterr>& Co income. net months Corp Co.__, feet Mr. in 540,000 Halle of quarter Boston Southwest cubic potential Granbery, adver¬ ■; .. . comoarable ended — 457,000,000 Goodbody & Co.___ bank a rex-Star of the over months resulting in three compared prior gains three 21%, improvement the President, in the first Jr., ;. : to Glore, Forgan & Co Goldman, Sachs & Co._. Gas Corp.^-Results— Beecherl, Corp._ Co.__' & Co First 2 Fridley & Frederking Fulton, Reid & Co., Inc inventory, construction, I:. ,Tex-Star Oil & & First per tooling, research and development, repayment of tising and sales promotioin and working capital. reports showed The covering offered Satnick In Estabrook corporatipn SEC be Co., Inc., Brooklyn, N. Y. Exchange Commission— Ferris The the Securities and With Elworthy & Co Equitable Securities prime contractor manager proposals, projects. and his' purchasing, USC manage- Volume will ment panies draw Number consultant . . from each of will take approved the Commercial and Financial Chronicle The . four participating com¬ the work consolidation company performs, but the parenc make-up, will effect major costs," said Mr. Warnken. has a,so two corporation, savings profits pecause its oi general in the on and low-burden administrative executive associate J. includes CTL companies for of Chambeis, P. Zeigler of Execu.ive who Worth of TIC of Acton, serves the and 13 full Leroy Mr. Warnken Vice-President as Williams C. Bower of of , headquarters in of and Technology executive of Brunei- committee plus Merz-Chambe.s, of Cincinnati H. James Herbert Technology Cohen with Instrument five Corp. of subsidiaries. other Merz-Chambers with has headquarters plants in in with plants Cincinnati at and in Acton, Tney are and Shelbyville, Inc. Waters of & $1,359,000, This distributor supplies, V. for 192, of for of t..e $83,456,000 fiscal and earnings ended year earnings and of 30. Nov. $1,756,000, or the reduced apparatus, from 23 earnings chemicals, plants for The 1960. and the upholstery throughout located were firm, a laundry West.— of 23 New its offering circular, Droulia & Co., 25 Broad St., City, publicly offered 150,000 shares of this par common stock at $2 per share. 100 BUSINESS—The mechanical for use is company engaged International were Pov.ghkeepsie, Endicott, has done Machines Oswego, Included work Corp. N. Y. on the among sub-contract a (divisions King¬ Lexington, and at Ky.), The company has been concentrating on the development and of various types of punch- writing machines, wnich are gineered for punch printing on IBM type cards. These machines designed to punch and print in a single operation. intends company to expand punch-prinang machines and PROCEEDS—The Wallace The expander de¬ forms (1) substantially the its will company approximately are Payment of of Acquisition Tooling (7) Working Building (8) and '.V;' ; 65,000 additional 01 for production equipment of products new w.- capital costs—plant ; in of these takes by metal forcing two are cabinets. These (par GIVING cents) 10 figure does and as if Long-term facilities 33,750 -v:'. $255,000 EFFECT TO PRESENT include holders be to the of sold of stock the of nuclear Productions, Cleveland and million in Cogan, 192, earnings to be exercise option include it shares the outright. tool is and dies of also die and is interested rently, in investment that of in 12 on April supplier small 1, with in business exceed $20 year's net. million a 192, million Our said medical companies of that it licensed was 75%. last Since ago, $350,000, In trative filed Jan. 011 He In engage in Shoshone County, Idaho, established no The registration statement related to voting senting 2,500.000 shares of West Star common which the the and admitted voting trustees trustees that and effective, the of the amend not submitted registration they none did stated that, an appear, SEC statement was although the No amendment staff in effect petition to and in that In The found hearing that a examiner adopted of filed a by in The various findings the financial respects of the Commission. information the and hearing in examiner mining prospects concerning of such deficiencies the company's properties^ the inclusion which net of 1062 in ment of Third St., Abilene, misleading its electric utility the substantial a position increase is confidently indicate that to sales to add compared substantially 3.63 to anticipate hitting $24.33 to $25.45 a is company major engaged now research, —: Sales —V. 192, Mr. noted for conn-acts results, year's Victoreen deficit assumed operations Federal Mr.a Cogan ended have the said.—V. been Wyle Wyle p. a and The to N. corporation SEC be W., The on.Jan. at 12, 100,000 covering offered shares $3 Washington proceeds are 1961 share, per 7, D. to be of filed a letter common ' managing Wyle -in the United properties, including pay¬ incurred for that purpose. States aircraft Industry. systems under also It has several for general corporate ' '■ " modular '<■, —V. 1960—Month—1959 ' . $ • Net proceeds short-term ^facilities of to loans the 42,142,504 192, p. $ You give 37,595,723 321,369,177 293,233,701 1958. • k . Wallace Expanding Machines, Inc.—Securities Sold— Fund, Inc., Columbus, Ohio, a small business investment company, has invested one million dollars in with every food completing them. capital. working and friendship to the $1 package world's CARE Food you send hungry thru the Crusade, New York Techno ithe newly enlarged Wallace Expanding Machines, Inc., Ind. The SBIC's investment includes $750,000 in 10-year 6%' sinking fund debentures and of .Indianapolis, $250,000 in 5-year 6% convertible debentures. cise of the conversion privilege. have approximately 30% PROCEEDS—The vcapital operations and making Techno On exer¬ would Fund equity, in the corporation. will available be to used more for Wallace's expanding industries a line of metal- forming equipment that greatly reduc.es production costs while giving substantially .improved products. The investment, , the by pre-existing firm Techno known Fund. made, possible as Wallace the acquisition Expanding Machines, Inc., of by to programs St.. $ testing in increased 1480. ' $ $ 1,035,026,706 985,949,102 independent services to operation environmental division product company incurred expansion with 1960—12 Mos.—1959 highest p. 1960—12 Mos.—1959 largest full-scale environmental purposes. •>$ the the is extreme proprietary walk-in ■ Sales the stock 191, ,-f are named the of missile-space- components conditions. which has laboratory The and com¬ developed and lines. Significant among these chambers, the Hydrashaker—• an extremely high-force electro-hydraulic vibration system—and liquid carbon dioxide storage and handling equipment. are cents) Walgreen Co.—Sales Higher— Period End. Dec. 31— it manufacturing a C. used said.—V. report 175,145,740 providing tests simulated fig¬ L the V believes sub¬ five share, underwriters. Laboratories of 2520 (par 1. have outstanding 540,000 common shares. Pea'oody & Co. and Mitchum, Jones & Templeton Kidder, radia¬ notification of stock to will company as approximately District Securities, 2.85 and 2270. through strengthened" new proposed Visual Dynamics Corp., Philadelphia, Pa.—Files With Securities and Exchange Commission— the for El Segundo, Calif, filed on Jan. 17 with the Exchange Commission a registration statement covering offering of 110,000 shares of common stock. The price will be supplied by amendment. Of the shares to be offered, 100,000 shares will be sold by the company and 10,000 shares by a selling stockholder. Following the sale, which is the first public offering of stock, the a our preliminary profit of outlays Laboratories—Registers Common— over all "greatly was and Laboratories, Securities oi nalted with period 192, that special order business, of profit." The loss of by growth in other up " Among Corp., year. report. debt 174,042,742 the subsidiaries is which Victoreen now management responsibilities six Engineering & Cogan profitably. operated Jones the of 25D7. p. in expanding its and production. development government of margin made ~ •* 1955." the current Woolworth Co.—Sales Lower— million $50 a Wilson to from 1 with to the of operation under had been affected by earnings at the close of the year were history. Book .value of Wilson Jones' 1961 proportionately million, $16.5 will in sales of retirement after-tax net on net in that said year sales amount large part business. according year, David to in felt full that unsatisfactory an exceeded according be first said company's produces Tex., the company of the cost of additions, extensions and improvements to financial (F* W.) the proceeds from the sale of bonds will be used by $3,600,000 of short-term bank loans will the Linsky, He large were Co.—Proposes Bond Offering— North after-tax of cost-cutting measures. expense thqir initial benefits. he file# a regis¬ tration statement with the SEC on Jan. 16, 1961, covering^S,000,000 of first mortgage bonds, series F, due Feb. 1, 1991, to be offered for public sale at competitive bidding on or about Feb. 15. company, economies covered by was 7 operations, of an re¬ become the relationship of such West Texas Utilities outweighed company's addition from intended were the Among the Retained the registration statement were recommended the issuance regarding 62% Period End. Dec. 31—1960—Month—1959 decision recommended disclosures contained in order. stop part the deficient of afford increased a filed. was excluding net earnings from opera¬ higher than the $405,862, share, equipment, working capital at Oct. 31, 1960, increased to $5,328,454 from $4,468,924 a year earlier. The ratio of current assets to current liabilities they certain had they the headed however, of The repre¬ in which statement of which report, during hearing, a a was year, the counsel filed deficient the certificates had been sold statement. After that, report cents That quarterly dividends of 25 cents a share were paid during the following resumption of regular payments by present manage¬ ment in February. This compares with 45 cents paid during the entire preceding year, the report said. SEC reserves. ore stock. annual 11 Four trust certificates and answer is year , full areas the which the selling greatly discontinuance 1957 located during and Chairman, told shareholders that fac¬ improvement Included "reductions in adminis¬ profit and cases, ,The for property or $659,127. noted, however, that the initial most the operation 1961, has supplies and share, costs, and improved factory efficiency, material control, more effective use of equipment and supervisory expense." of management million effectiveness January, trustees Idaho. at 16, forms a President the raw reduction of a Securities Act registration statement by J. Fred Markwell and Alexander Markwell, shareholders of West Star Mining Co., of Dalene, The company was organized under the Idaho law in 1939 to in the exploration and development of mineral deposits. It has in voting announced ' $52,936,164 $17,846,052. payroll involving Co.—Registration Suspended— decision $37,500, Linsky, behind "found order" the of totaled were Jack i960. "stop a suspended 1960—12 Mos.—1959 $6,391,366 $54,201,143 a share, reported during the previous year. sharp gain in net profit was achieved despite a small decrease sales, which totaled $17,632,530 for the fiscal year. Year-before tors Adminis¬ for said in its company alone sales approximate $4V2 the and and 845. The in company the bank said 1160 : producers compoaen.s, 1359, company's products awards:-of Victoreen indicate ures The Business the p. $1.24 or difficult than of 1961-1962, 191, above.—V. 191, p. 2463. of record-keeping $696,627, or $2.12 of 1960. added: will backlog New we Manufacturing months Small more in 1960—Month—1959 maker income 31, equipment. discussing sidiaries The appliances. represents under invested since most net Oct. 1654. p. $390,940 the said. -He the instruments anticipates monitoring double earnings and ago. by of also volume, current year and those reports Cogan current volume Cogan owns Mr. of earnings and sales Chicago ended President. approximately $3.3 Federal dollars make made 2556. p. reported for major be $5,842,938 s 192, This packaging, and cur¬ container manufacturer, is package has the industries. many leading can SBIC in to payment Co.—Acquired— McKee & Co., Up— devices double unaudited 1959," basis Will and elec.r„nic and and were the last In to million Fund The specializes equipment a to line one Techno regulations. Wallace automatic automatic an maximum of a in conjunction developing tration unit after Wilson Jones Co.—Annual Report— automatically shapes it into The shapes so formed— dies. being used to manufacture laundry appliance machines, manned by one operator, produce 135 to pay for a part made and to be made its suosidiaries, major and company other Chairman $7,776,000 tion and per hour. The particular production ^installation is controlled and gives instantaneous change-over to the shaping of different designs of cabinets at the push of a button. The 2066. p. above.—V. Inc., I960,-nearly "Preliminary also —V. now two The stock common purchase does nor underwriters the to Outstanding *328,938 shs. shares the stock, common debt, $81,913.83.—V. Ray-Eye Mr. sheet against loans Machinery Sales- pany 500,000 shs. Victoreen Instrument Co.—Sales It it bank Period End. Dec. 31— and FINANCING Venture Capital Corp. of America—Investment— nuclear designer a properties to adjacent, producing properties; and references to 200 tons of low milling grade ore having been mined, as well as suggestions that certain camp build¬ ings should care for operational needs "until such time as the mine is placed on a dividend paying basis 01* a commercial ore shoot has been opened for further work."—V. 190, p. 1675. 35,000 - . not the stock ccmnun annual been electronically information and 35,000 -VV rigths to purchase sales has and 2o,Uv>0 Authorized Common "On Co. including the dollar amount raised from the sale of stock and from mining operations since-19481 and the purposes for which used; the inclusion of inadequate and misleading information with respect to exploration work on the company's properties; the inclusion of mis¬ leading excerpts from old engineering reports concerning the geology of payment . CAPITALIZATION H. Die 25,000 taxes______ due notes research Sales & sale Stores Inc.—Sales Lower— tions of their of $21,250 liabilities Inventory (6) of Tool from $13,234,000 for 1961 and as follows: $4,400,000 will be provided bond internally generated sources.—V. (Arthur G.) White « $255,000. to order the 1 due past of current $13 Western See prominent Indianapolis industrialist. a 15,0j0 Retirement (4.) See Mr. are Vice-President capital gain to development amount in offering (d) of members company's from at funds the SBIC greatly reduces production costs. Approximately 70 expanders are use today, he said, chiefly in appliance manufacturing. Illustrative omissicn Expense of (2) *This the represent board the $7,000,000 and materially to used be (31 their loans, of estimated are 1962. Such proceeds washing machine bodies, television cabinets, and complex paneling—are wrinkle-free, and the metal is in a colcR'orged condi¬ tion, making it stronger than in its original shape. According to Mr. Morgan, the process lends itself to automation spects; en¬ processes. proceeds will proceeds issued Other the remainder as brief priority as set forth:, >'V. will expenditures $10,929,000 for from , Fund, Roper, exploratory stage of development with fields. computer Business signing These E. certain - The directors. and componenis, in the misshe Daystrcm-Weston, DeLaval, Kearfott.and General Precision Laboratory. > Techno primarily in the manufacture subassemblies, assemblies and special de¬ companies for which the corporation ston, Construction explained and international prominence in metals manufacturing with introduction of a line of hydraulic expander machines five years complex a York basis products. of Ralph West Star Mining Varifab, Inc.—Common Stock Offered—Pursuant to vices As volume, Dec. of Indianapolis. 52. p. firm's of tools, dies, jigs, fixtures, and special machines since 1918. organization, Wallace Expanding Machines, Inc,, attracted national The in scientific operates of sister types $85,860,000 board EUSINESS—The 1959. factor of sales also Manager; Lionel M. Searle, company Vice-President; Gasaway, of The Ohio Co., a Columbus, Ohio, investment builder The reports that the costs of occupying five new Dlants company considerable reports Wallace of banking firm; and John Weldon, three share, per sales to share, per The a Inc. $2.77 or compares $3.57 Rogers, Inc., President Chairman; Howard units Indianapolis Indianapolis. nature Wallace Co., Presidenc of the merged operation, the companies into one corporate structure under intended to better reflect the character of the two General such Van Waters & Rogers, Inc.—Net Down— Van and is 53 (425) Morgan, the Havens, Morgan, ago. 1,300 Acton, Mass. is asso¬ Technology Instrument Corp., Acton, Mass., Tecnnology Instrument Corp. of California, New¬ bury Perk, Calif., Technology Instrument Corp. of A;izona Tucson, Ariz.; Technology Instrument Corp. Plant 5, Canton, Mass.; and Altomac Corp., Canton, Mass. ciated the CTL. a and F. Die & K. of name business on Tool Howard one Its Calif. Ana, the Merz- oecie„<uy-Treasurer. Sperling oeorge to vVnlis «^ommit„ej; wno Miklos and who Amcel addition development and production facilities occupy Asheville, M. C. at has Santa Acton, in research, site CTL USC Vice-President; of include Celanese, 01 Amcel acre is Corp. directors USC of the Chairman Instrument committee Mr. John consulting and "back-up" services. These are Technical Operations, Inc., Burlington, Mass, and Vidya Corp., Division of leek Corp., Palo Alto, Calii. The Wallace by member it USC 6023 needed. as "Each .... 193 • n"- The test will be used principally to repay the early stages of three major underway, and to defray the costs finance now balance of net proceeds % " will be added to C Chronicle The Commercial and Financial cr.3) . . Monday, January 23, 1961 . STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS Bond . Waterworks, Board, Ala. Sale—An issue of $85,000 first mortgage water revenue, se¬ ries 1960 bonds was sold to Hendrix & Mayes, Inc., Dated Oct. 1, 1960. Due from 1984 terest 4.60s. Oct. 1 as on inclusive. A-O. 1990 to In¬ Legality approved by White, Bradley, Arant, All & Rose, of Birmingham. Maricopa County, Dist. No. 68 zone Alhambra Sch. Bond Offering clusive. Principal payable (M-S) Clerk of the Board of Supervisors, will receive sealed bids until Feb. 6 the for purchase of $825,000 10 Jan. to Weeden offered Jan. on 9 eral obligation fered Jan. on 25,000 as to school awarded were John to 25,000 & Co., and William R. Staats & Co., jointly, at a price of 100.062, a net interest cost of about 2.90%, as follows: $250,00 3V2S. as from 200,000 Due 3s. Due 1967 to 1970 July on 1962 to 1966 as 1 bonds offered to a sold was J. of A. & Co., Stern Brothers & Co., and Bosworth Sullivan & Co., at a price of 100.04, a net interest cost of about $70,000 from : 85,000 3.75%, 4V2s. as from 3V2S. 1 July on Due Sale — An issue time same of until 2 p.m. (CST) on Jan. 31 for the purchase of $1,525,000 water¬ improvement, bonds. 1960. Due Dated Nov. on Sacramento 150 p. $24,000 Jan. on school 11—v. awarded were — District, Calif. County, Sale—The bonds offered 193, The to Bank of America N. T. & S. $7,000 2,000 1979 Due 4s. as A., of Feb. 1 from on 15,000 Due 1972 to Due 1 Feb. to Chatom 1, 1967. Principal and interest (M-N) pavable at the Commercial National Bank, of Little Rock. Le¬ gality approved bv Rose, Meek, House, Nash & Williamson, of Union Stanislaus Bond School County, Sale—The 193, —v. District, Calif. $35,000 school, series B bonds offered Jan. on The Bank of America N. T. & S. of 10 53—were awarded to p. A., San Francisco. Little Rock. Cloverdale Pulaski County, Sch. Dist. County Soecial Sonoma (P. O. Little Rock), Bond Sale The — 193, v. 150—were p. $1,546,000 Jan. on 17— awarded to Stephens, Inc., and T. J. Raney & Sons, jointly, at a price of par, a net as interest cost of about 3.59%, follows: $928,000 as 1961 618.COO 3s. as from school Due 1971 3V2s. on Dec. 1 from was on Dec. $54,000 (P. Bond O. Oakland R Offering — f*:~*rict Cr-I'f. Jack G. Blue, County Clerk, will receive sealed 10 A., of San Francisco, as as 5s. 1962 to as 1971 as Due 1970 4s. on Due to Due on 1985 Is. Jan. 10 from inclusive. a fered were Sale revenue/ on 10, 1986. Jan. — Calif. The \ $1,070,000 series A bonds of¬ 9—v. awarded to 192, a of cost of about 4.19%, as inclusive. follows: from 1 Interest Vir genes 1962 Hills County Water Secretary of the Board of Di¬ will receive sealed bids at her office in Sacramento, until 7 p.m. (PST) on Jan. 23 for the purchase of $1,310,000 general ob¬ ligation 1961, series A bonds. Dated Jan. 15, 1961. Due on Jan. son, from 1963 jto the at inclusive. 1986 Principal and interest able sealed ceive until Agoura, for 24 (J-J) pay¬ Treasurer's County office. Legality approved by Orrick, Dahlquist* Herrington & Sutcliffe, of San Francisco. Union Los Sale The — Dist., Calif. Angeles County, school bonds offered of Sch. High cliffe, of San Francisco. were Merrill follows: as Fenner & Smith, & Co.; Stone 8c Youngberg; Irving Lundborg & Co.; Kenower, MacArthur & Co.; Cruttenden, Podesta & Co.; J. B. Hanauer & Co.; J. A. Hogle & Co.; Lawson, Levy, Williams & Stern; Lynch, Pierce, Inc.; J. Barth Stern, Frank, Meyer & Fox; Frank & Robert Bender Co.; Fred D. & Co., and C. N. White & Co- San Bond Union County, Diego Sale—The offered Sch. High on Jan. at 2660 a of $2,- 11 able water obligation — were tax bonds offered on 193, v. — to a 53 p. — $140,000 of 25,000 1962 as 90,000 as Due Ain-?er, Offering to side, until 1971 3V2s. 350,000 School City Montcrery 1 of $140,000 interest follows. cate 3V4S. as 145.000 3s. as on and San Mateo Bond Feb. Callable City Clerk, will receive (PST) on sealed bids until 8 p.m. Due in¬ 1991 of Feb. 1, A., of San Francisco. by Orrick, Dahlquist, Herrington & Sutcliffe, approved Francisco. San Nuview Union Sale—The Bond bonds offered on 2660—were p. the • series 1961. to 9—v. awarded to a.m. C bonds. Due 192, Dean interest 11 of Pacifica, Calif. sewer was The Trust bonds sold to First Co., of a of offered group Western San $920,- on Jan. composed Bank & Francisco; Principal 15, 1962 and payable ity approved by Orrick, Dahlquist, Herrington & Sutcliffe, cf San Francisco. Sunnyva'e, Calif. Sale —The Bend $758,000 1956 improvement, series E bonds offered on Jan. 10—v. 192, p. 2660—were awarded to a syn¬ municipal headed the Bank of A., of San Francisco, at a price of 100.009, a net interest cost of about 3.87%, as N. by T. & S. follows: as 5s. Due on Jan. 1 from to 1966 inclusive. as 240,000 issue March at the County Treasurer's office. Legal¬ 1964 Sale—An Dated March 15 from (M-S) $100,000 Witter & Co. on, inclusive. 1981 America $18,000 school Jan. Paasch, Martinez, un¬ (PST) on Jan. 31 for purchase of $139,000 school, dicate School District, County, Calif. T. bids at his office in the Bank of America S. & T. Legality 000 Virginia to as Principal and interest (F-A) payable at N. 1961. 1, 1963 from 1 clusive. 1975. Feb. Dated bonds. on Offering—W. til 10:30 the Board of Direceive sealed bids at her office in Pacifica, until 8 p.m. (PST) on Jan. 24-.for the purchase of $1,600,000 wa^er 1961 -t County Clerk, will receive sealed County, Calif. will Valley Union High. Dist., Contra Costa County, Calif. Dist., of Secretary rectors, Ramon School Offering—Alice A. Filios, Bond & Co. D. Blake Fred San Feb. 1 from North Coast County Water syndi¬ follows: Harris Trust as Savings Bank, of Chicago; Paine, Webber, Jackson & Curtis; Co.; Taylor & Co.; Ir¬ ving Lundborg & Co.; Shuman, Agnew & Co.; C. N. White & Co., 1976 inclusive. 1971 to were the J. Barth & 1 Feb. Due on Due 1 of & of cost net as to N. T. members Other p. 100.013, a 3.07%, 16 Francisco. Jan. 9— on Jan. on headed by the Bank & S. A., of San of America District, $1,215,000 53—-were awarded p. syndicate a The — bonds offered 193, —v. 2660—were awarded to Shearson, Hammill & Co,, and Taylor & Co.. jointly, at a price 192, Sale series A Monterey County, Calif. $285,030 school, v. & Obispo School Districts,' Bond 1 Bond Sale—The series B bonds offered the Legal¬ San Luis Obispo County, Calif. inclusive. 1986 Luis San July Due on 1980 to and at ity approved by O'Melveny IViyers, cf Los Angeles. 1979 inclusive. 33/4s. as from payable (M-S) 1962 Principal County Treasurer's office. 1 Due on July 3.69s. as from 1977 to March 1 from on inclusive. interest 1 from 1972 to 1976 inclusive. 125,000 Peque- will receive (PST) on Feb. of S2.300,000 Dated March 1, bonds. 1981 to July on ' purcnase Due 1961. inclusive. Due Bernardino San 11 a.m. tne school 4s., ;.Due on July 1, 1968. 3V4S. Due on July 1 as for 6 inclusive. 1967 from 1969 to 170,000 , — CalD sealed bids at his office in River¬ about July on and County Clerk, gnat, Bank, of Los An¬ 43/4s. as from Bond Bond Jan. 1 1, 1973. Counties, Calif. Offering—G. A. Bond were comopsed group 007, a net interest cost of 3.69%, as follows: cost cf about 4.26%. Bragg, Calif. Due on inclusive. City High School Dist., Riverside geles^ .Shearson, Hammill & Co.; John Nuveen & Co., and J. A. Overton & Co., at a price of 100.- price of 100.02, a net interest Fort of Jan. as Riverside California The school 192, 1, 1961. 1962 to 1981 irom Sanitary Dist., Calif. Riverside awarded to Dean Witter & Co., as 5s, 4s and 4!4s, p. eral Dated Jan. Sale—The $900,000 sewer awarded Dist., 10—v. (PST) a.m. Francisco. 1960 limited Calif. $25,090 Jan. Martinez,-un¬ 011 Jan. 24 purchase of $3,000,000 gen¬ obligation school b 0 n d s, 10:30 office. Montecito of Fallbrook bonds in on p. Francisco, as 4s, at a price of 100.901, alsasis of about 3.93%. Other members of the syndi¬ cate til for the will re-- purchase general Treasurer's 17— Jan. on 2660—were awarded to syndicate headed by the Bank America N. T. & S. A., of San 192, ; Pittsburg Uniifed School District, Contra Costa County, Calif. > Bond Offering—W. T. Paasch, from 1962 to 1970 inclusive. $1,388,000 Interest J-J. Principal bonds. Dated Feb. 1, 1961. Due and interest (J-J) payable at the on Feb. 1 from 1966 to 1991 in¬ County Treasurer's office. Legal¬ clusive. Principal and interest ity approved by Orrick, Dahlquist, (F-A) payable at the District Herrington & Sutcliffe, of San 000,000 about Excelsior inclusive. 1980 approved by Orrick, Dahlquist, Herrington & Sut¬ Os- (PST) p.m. the to County Clerk, will receive sealed her office at 1, <■ - bids at his office in Clerk, bids - , Legaliiy Water Elizabeth — County setgnska, rectors, 15 Offering 1972. and 1973 California Bond Due on July 3%s. Dated Dec. 1, 1960. F-A. Municipal 1970. and 470,000 as 4s. Due on July 1 from 1986 to 1967 inclusive. as 1971 District, Los Angeles County, Offering—Shirlee M. Dy¬ Bond 2660— syndicate & Co., Inc., at a 100.056, a net interest 1969 100,000 County, Calif. Offering — Jean Pullan, Feb. on Las p. headed by Blyth price Co., as 4s, at a price of basis of about 3.89%. Dorado Jan. 10 from Jan. $1,268,000 elec¬ District, El Dorado County, Calif. inclusive. on Concord, sewer County Flood Control and 101.32, El Blake 1972 to 1974 inclusive. Conservation Jan. follows: Bond Water $150,000 on 1 CALIFORNIA Alameda offered sold to The Bank of America N. T. & S. 6,000 inclusive. Due District, County, Calif. bonds 90,000 to School Bond Sale—An issue of Arkansas school bonds offered Union Unified,.Sch.,Di§i.,. Calif. Valley & a 1, Due 5s. Due on July 1 from to 1961 v High School Dist., a.m. Bond Angeles County, Staats v. 1986 inclusive. 11 4.02%, as follows: as 40,000 as 4s. Due on July 1, 1968i 80,000 as 3V2s. Due on July 1, (PST) on Jan. 23 for the purchase of $3,300,000 school, series B bonds. Dated Feb. 1, 1961. 1995. — on 1 3s. Due on Feb. 1, 1996. as Bond 4V4S. as from Feb. on I960,^series;A bonds offered on Jan. 17—v. 192, p. 2669—were awarded to a group composed of The Security-First National Bank of Los Angeles; Blyth & Co.; R. H. Moulton & Co., and William R. Feb. 1, 1970 on ■ Clara Bond 3%s. Due on Feb. 1, as Bond Sale—The 1971. and of Nov. as 5s. as 1963 to 1969 inclusive. se¬ Nov. from 1 1986 inclusive. Callable School cost of about 4.31%, as follows: Smith, Ark. Bond Offering — Jack Face, Mayor, will receive sealed bids 1960 Union 690,000 office. Francisco, and Associates, at a price of 100.037, a net interest Fort revenue Prin¬ payable (M-S) San ARKANSAS ries Dated March 1 on Treasurer's County Bond Cruttenden, Podesta & Co. works Due Legality approved by Orrick, Danlquist, Herrington & Sutcliffe, 1 sold was bonds. A 1961. Due 4s. as tion Paasch, 1962 to 1981 inclusive. Archoe improvement bonds sewer offered at the series cipal and interest 1976 to 1986 incluisve. Additional T. 1, 1976. and 1994 and District, a.m. 1, 1 Feb. 4%s. Due on as 1,300,000 Los County, Calif. Santa Jan. from 1977 to 1993 inclusive. Covina 1 July on of of Due 5s. as 7,630,000 { (PST) on Jan. 31 for purchase of $1,000,000 1960 the 193, p. 150—were syndicate headed by & Co., and Schwa- a Nuveen of j (M-N) payable at the City Treas¬ office. Legality approved by Orrick, Dahlquist, Herrington, Sutcliffe, of San Francisco. Freemont Union about $230,000 urer's 18—v. 590,000 Jari. 17— School Offering—W. school, at Water Dist. County on Feb. from 1963 to 1974 inclusive. S. A., of San T. & Unified til 10:30 irom Jan. on $4,569,000 on of interest — 1975 ol San Francisco. 1975 inclusive. 3%s. as from ot July on Due 1970 to 235,000 $58,000 follows: as Due 1962 to 1969 inclusive. as Antioch March Costa general obligation water improve¬ ment district No. 1 bonds offered Dist., Francisco, as 3V4S, at a price 100.11, a basis of about 3.23%. the TV.';'; (P. O. 2020 Railroad Avenue, Pittsburg), Calif. Bond Sale The $12,840,000 192, p. 2660—were awarded to syndicate headed by the Bank Bond revenue 5 composed group Hogle Jan. The — Contra Costa $390,000 Contra $2,630,000 County Clerk, will receive sealed bids at his office in Martinez, un¬ system on Sale Sch. High price of 100.011, a net interest cost 1961. 15, and til County, Calif. Angeles Principal 6 Co., Inc. = • of America N. inclusive. gas L City wood, May 15 from 1964 to 1988 on inclusive. berg; Hooker & Fay, and Kalman Due on Feb. 1, 1991. Is. Feb. County Clerk, will receive sealed bids at her office in San Jose, un¬ awarded to 1990 inclusive. to July 1 from on Bond Sale—An issue of and 1976 Bond v. Lynch, Pierce, Fenner & Smith, Inc.; Dean Witter & Co.; William R. Staats & Co.; Stone & Young- John school bonds offered inclusive. Mesa, Ariz. electric Los a syndi¬ Merrill follows: as were the of members Other cate 1 as 4.15s. Due on Feb. 1985 to 1989 inclusive. Due on Feb. 1, 1973.. & Co., at a price 33As. Due on Feb. 1, bacher 1975. 100.0135, a net interest cost about 3.97%, as follows: as 4s. Due on Feb. I 1 as ' of¬ Nuveen Due on Feb. 1 from 4s. Alhambra 150— p. from and 375,000 bonds 193, 410,000 • as 1974 $450,000 gen¬ 9—v. a 1984. 1983 and Schwabacher: & Co., and Under¬ Neuhaus & Co., inc., at a purchase of $150,- improvement, series Dated B bonds. Due Due on Feb. 1, 4.10s. as Jan. 23 for the 000 municipal inclusive. 1982 to -135,000 San Francisco, and Shuman, price of 100.045, , Co., 5s. as from Sale —The composed of 1962 to 1972 inclusive. Cruttenden, Podesta & Co. Bond were follows: 50,000 Maricopa County, Tempe Union High School District No. 213 (P. O. Phoenix), Ariz. — net interest cost of about 3.93%, a bonds sold was of Agnew & Co., at $98,000 school 2271 p. group & $275,000 obligation zone Fargo Bank American Co., Maricopa County, Balsz Sch. Dist. No. 31 (P. O. Phoenix), Ariz. Sale—An issue of a Wells Trust 192, v. — as Bond $750,000 3A, series F bonds offered on Feb. 1 on Due on Feb. 1 from 4s. as 1975 ap¬ cisco. school bonds. general Legality proved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Fran¬ Sale—The 355,000 County the at Due 5y2s. as from 1962 to 1974 inclusive. interest and office. Treasurer's The Rhea Averill, — $170,000 Due March 1 from 1962 to 1991 in¬ on awarded Arizona 1 Feb. on purchase Dated March 1, 1961. bonds. No. (P. O. Phoenix), (PST) a.m. of $300,000 No. 6 issue of 1954, series F Bond ARIZONA 10 the for 7 Winfield until bids ALABAMA 3V2s. Due on Jan. 1 from 1967 to 1972 inclusive. 160 000 258,000 33/4s. as from Due on Jan. 1 1973 to 1976 inclusive. as 4s. 1977.. to Due 1981 on Jan. 1 from inclusive. Volume 193 Number 6023 . . The Commercial and Financial . Chronicle (427) members Other the of syndi- ILLINOIS cate were as follows: Harris Trust Witter Fenner ^ & Savings Co.; & Button Irving Stone & 1961 from 31 1963 Principal clusive. payable (J-J) c , Sale tion n* 10 Jan. : : • / n * 53 p. — v: f()r & S. 3%s, at Dec. on Due purch/e ,he Dec. on cipal and at 1, Due about & man (J-D) trust or Du Bond eral National . of about 3.08%, as follows: $70,000 3s. as 1962 Due and 190.000 1969 Jan. on company Due 10 to 1972 Due on to 1976 Jan. •' inclusive. 000 Jan. on 5 sold to was of members ville syndicate America to Youngberg; & Co.; Stone as Dec. on 1 3 20s. as on Dec. 1 from. Due on ' Dec'/ 1 State cei've sealed (EST) of bids of $28,980,000 until & Offering until 8 1, 1961. Due Frederic — C. p.m, Dec. 1 from 1963 on Salle County Bond Offering Community Con¬ re-" until system 7:30 for the bonds. 1960. able at the State Treasurer's office. Legality approved by Pawkins. Delafield & Wood, of New York City. Due 1970 inclusive. on Dated 1 Dec. from Principal (J-D) payable at any bank or trust company designated by the successful bidder. Legality by Charles nicht, of St. Louis. Mt. Pleasant Special School Dist. De Bond nue Dated March 1, 1961. on for Due from the (EST) purchase 1981 C and .. , $220,000 hous¬ bonds offered on Jan. —v. 193, p. 150—were awarded to the Federal Housing and Ho.me Finance A 192, bonds p. offered 2661—were -Agency, Price of par. as - follows: 3V8S, at a (CST) Sale—The 1960 bonds offered 192, The to on City Securities Dec. 28 awarded 2558—were d. school $18,000 Corp., as Bond Offering Charles — The Illinois Company. The Ohio Company, John'W. Clarke Co., .& Co., Cruttenden, Podesta & Co., Lucas,- Eisen & Waeekerle, Frantz Hutchinson & Co.,;Burns, Corbett Blair 2 & bonds p.m. Due Nov. on 1980 inclusive. Treasurer's Sale offered improvement $350,000 public bonds offered on Jan. Chapman & Cutler 193, 11 proved June Coan, Secretary of the School Corporation, will receive sealed bids until 2 p.m. (CST) on Jan. 31 Grand Coteau, La. 1 from 1961 Legality proved by Ross, McCord, Miller, of Indianapolis. Ice & ap 9—v. to 193, Township Trustees, F. a will sealed bids until 2 p.m. " school building and 30,000 3s. Due 30,000 3V4s. Due Interest J-J. aid from 1971 West Bond Legality ap¬ Ice & of 1, 1961. Due to advancement 193, The bonds offered p. 53 bonds — on Jan. has been will be Inc., at on Nov. 1 Le¬ Bannister Bond Offering City Fisher, sealed bids Jan. general sale fund 10—v. canceled. in 31 were follows: Barrow, as Smith, Inc., Arnold & Derbes,^ Ducournau & Kees/ E. F. - & Co., Schweickhardt Co., and Felix M. Rives, / Additional Choudrant Sale on by at the to awarded The until 1, 1961. 1962 to cipal and State 11 purchase of improvement bonds. Due March on 1 interest payable at the office. Legality approved by Stinson, Mag, Thomson, McEvers & Fizzell, of KanCity. KENTUCKY Frankfort, Ind. syndicate a ties Corp., at a price of par. Bond Sale—An issue of Equitable Jan 6 was Securities Sale Weil, Labouisse, Fred& Co., Nushloch, Baudean Smith, Glas & Co., Crang In¬ & vestment" and 1860 $350,000 Inc., & Dane National Co., Bank, Rapides Parish, Big Island School District No. 50 (P. O. 1230 Alexandria), La. Bond Offering — J. S. Slocum, Parish School Board, will receive sealed bids until 1:45 p.m. (CST) on Feb. 8 for the purchase of $589,000 school Secretary of the 1961. Due (A-O) School payable Board OUcU" at Parish the Treasurer's office. legality approved by Chapman & Corporation, Cutler, 01 cmicago. sold to The The $4,800,000 series revenue, bonds offered Co., Commercial shrevenort St. — San- richs Louisville, Ky. Bond & April 15 from 1962 to 1971 in¬ clusive. Principal and interest and Associates. school1-building, syndicate Hattier follows: as on school building revenue bonds ofon Securi- the Equitable bonds. Dated April 15, Boyd County (P. O. Gatlettsburg), Ky. fered 6 time Dated 1971 inclusive. Prin¬ Treasurer's No. same Howard, C. receive a.m.1'' (CST) will the for / $40,000' district school bonds offered headed — &' ford, Newman, Brown & Co., Inc., Harold — Clerk, Leary & Co., Merrill Lynch, Pierce, Fenner; were Kan. internal obligation from sas ton County Bank & Trust Company, in Frankfort, Legality approved by Ross, McCard, Ice & Miller, of Indianapolis. price of par. a Other members of the KANSAS Lawrence, 1 on Other members of the syndicate' was SoPS!!fvfoeAhlerS & Cooney' of Des Moines. $652,000 reoffered by approved No. Jan. 18—v. 192, 2376—were awarded to a syndi- & $118,10 inclusive. 1975 $1,800,000 district Hutton of Jan. on The — Inc., Iowa issue offered 1961 March Cancelled—The $269,000 1960 1 sold,to The Carelton D. Beh Co. on (P. O. Goshen), Ind. Sale Nov.- on 1976 inclusive. to Union, Sale—An 000 bonds 1961 Elkhart County Bond „ on as Districts cate headed by Scharff & Jones, 1 Nov. 1 from 1965 to 1970 inclusive. * as School school bonds offered on Dated Jan. 1, 1961. Due July 1 from 1962 to 1973 inclu¬ sive. Nov. on from 1962 to 1964 inclusive.. bonds. on Due Sale Rouston p. 3V4s. as Jan. 25 for the purchase of $515,000 Bodn of Shaw, Co., Neu & Co.-. First of Iowa Corp., as & follows: $10,000 Parish (P. O. Rouston), La. awarded were (CST) M-S. Interest Judell, of New Orleans. Lincoln composed group gality Miller, receive inclusive. 1981 & 54—were p. Dated Feb. Clay Townships, Ind. Offering—Gail Clerk, 1, 1961. Due on March 1 from 1963 to Traer, Iowa from Bond Offering — Oscar Marks, will receive sealed bids until 7 p.m. (CST) on Feb. 9 for the purchase of $25,000 public improvement bonds. Dated March Town Sale—The $70,000 liberty memorial bonds offered on Jan. from semi-annually 1963 to Dec. 30, 1968 in¬ Co., Weil, Labouisse, Co., jointly. Bond school building 1961 bonds. Dated Feb. 1, Due & Legality approved bv Foley, Cox ipr the purchase of $150,000 1961. were — Dinkins Howard, Bond Bannister, Carpenter, Cooney, of Des Moines. & 54 p. Ladd Friedrichs & by Ahlers to ^ improvement bonds. Dated March on v. — awarded inclusive. 193, Ducour- Bond Sale—The and 1970 10—v. awarded to De Quincy, La. Prin¬ office. Legality J^etwton> I°w° $300,000 jail Jan. on & Kees. nau 1 r to 1963 to. approved Crowley), La. The — 54—were p. interest payable at the approved by of Chicago, W. (CST) for the purchase of $2,250,000 waterworks improvement revenue bonds. Dated Feb. 1, 1961. Due on May 1 from 1962 to 1892 inclusive. Callable as of Nov. 1. 1971. Principal and interest (M-N) payable at the Clin- Allan 1961. Inc., and Clay, Ervin and Howard Sch. Corp. (P. O. Clay City), Ind. Co., Dean Witter & Co., Hornblower & Weeks, Shearson, Hammnj & Co., William Blair & Co., Bacon, Whipple & Co., Stifel, Nicolaus & Co., Julien Collins & Inc., 1, McDermott 3V4S. wood, City Clerk-Treasurer, will receive sealed bids until 1 p.m. Pickard, until on Township, Civil Township (P. O. Bloomfield), Ind. Co., Eastman Dillon, Union Se& Co., R. W. Pressprich & bids Feb. 6 for the purchase $96,000 sewer bonds. Dated Bond Offering—Robert E. Kirk- & dining system 1960, series revenue series 16—v. sealed ceive Bond Center $4,500,009 curities Idaho Sale—The approved Goldman, Sachs & College of Idaho (P. O. Caldwell), ing The other members of the svndi°ate inclusive. . Bond — Acadia Parish (P. O. Bond Offering- -Venice A, Reichardt> Town Clerk, will re- pynch' Pierce, Fenner & Smith, the near future. were IDAHO r by Ross, McCord, Ice & Miller, of Indianapolis. University (P. O. Kalb), III. Sale 1960. Jan. of construction bonds 1862 to Breman. by Ross, McCord, Miller/of Indianapolis. School p.m. 7 eo. $296,000 school in June 1 from on inclusive. Legality LOUISIANA Iowa 1, 1961. Due Bank, bonds. Dated June 1, revenue 1960. Due 6 for the purchase of,$96,000 street proved xDistrict awarded t0 a syndicate headed by. Smyrna), Del White, Weld & Co., and Merrill Special Bond Offering-Sealed bids will be received until 3 on Trauer- tory by Joseph R. Rubin, of Louisville. July 1, 1967. Principal and interest ,-<(J-D), payable ,><at the State , (CST) on Feb. 3 for of $800,000 dormi¬ a.m. IOWA first of /, Offering—Patsy Rowland/. purchase 2000 as pity Clerk, will receive sealed J?1**8 7:30 p.m. (CST) on Feb. dormitory and student union reve¬ purchase of $370 000 school bonds. (P. O. & Corp., 11 the 3143,, Town Northern Illinois Wilmington), Del. Bond Offering—Sealed bids will be received until Feb. 16 for the Smyrna to in- terest approved DELAWARE 1962 and 31, til awarded Securities Feb. 4, 1961 rDue on July 1 from 1963 to 1990 inclusive. Callable bonds. - of the Board of Re¬ gents, will receive sealed bids un¬ Dec. 28 on p.'2558—were City Jan. 26 for $1,300,000 1 * . Bond -Bond Offering—Dale Andrews, Jan. 25 Dec. of J / Murray State College (P. O. " Murray), Ky. ; > •r $13,000 school Dated purchase of $40,000 school building pay¬ on 192, cipal and clusive. Interest J-D. Legality ap¬ Richard Hig- (CST) p.m. Sale—The The of ' Secretary 1960 bonds offered to 1, follows: Blyth & Co.; Inc.; Long & Go. Township, Civil Township (P. O. Owensburg), Ind. —v. June on The Kentucky Co.; and Russell, ; Haute. approved by Ross, McCord, Ice & Miller, of Indian¬ apolis. "'•/•/• aid Due 1973. ^1C,» Graham-Conway Co.; Stein / ®£0S*T1?C Boyce; Goodbody & Co.; Legality March on revenue June 30, gins, Secretary of the Board of Education, will receive sealed bids a.m. Principal and interest (F-A) — (CST) purchase mortgage aid (P. O. Troy Grove), III. bonds. Dated Feb. 1, 1961. Due on Feb 1 from 1964 to 1980 inclusive. (P. O. Trust Bend —v. (CST) on Jan. 30 for the purchase of $453,000 school building bonds. Dated Feb. Spe- 11 highway State School 1 p.m. Terre and Equitable Securities Corp.; Merrill-; Lynch, Pierce, Fenner 'Smith % on 1 from 1962 to 1981 incluPrincipal and interest (M-N) payable at the Terre Haute First in 1 Other members of the syndicate were as Nov. Bank, Juno on „ 3V2S. as 1972 .xevenue - Due as 3JAs. Due on June 1 from 1968 to 1971 inclusive. sive. from 1962 to Bond solidated School District No. 225 A. I960 Britt, pay- Building Corporation, Ind. ' ' Education, will receive sealed bids for the purchase 1 Illinois the Bremen (P. O. Cleve- Carpentersville), III. Bond of) Treasurer,/will Feb. on at Community Unit School land Avenue, La Offering—John ziale, facilities 3 Vzs as 1,710,000 945,000 b°nds. Dated Nov. 1, 1960. Due Breman ... Thierbach, Secretary of the Board CONNECTICUT (State union a 3.43%, as 3%s. Due on June 1 from 1965 to 1967 inclusive. (CST) on Jan. 27 for purchase of $275,000 student the par about 1,130,000 p.m. Bond Co., in St. Louis. Legality ap¬ proved by Chapman & Cutler, of Chicago. ' " /' as ' Lawson, Connecticut 2 of from 1962 to 1964 inclusive. ton, Business Manager and Treas¬ will receive sealed bids un- III. com- Levy, Wil-:: to 1980 inclusive. Interest J-D. liams & Stern; Irving Lundborg & Legality approved by Chapman & Co., and C,N. White & Co. Cutler, of Chicago. Bend Louis), Principal and interest (J-D) & inclusive. 1975 Dist. No. 300 1 Lynch, Pierce, Fenner & Smith, Inc.; Dean Witter & Co.; J. Barth & Co.; William R. Staats & Co.; Hutton $1,015,000 State Teachers College (P. O. Terre Haute), Ind. Bond Offering—Kenneth Moul- til price of a cost as follows: on Indiana (P. O. INDIANA Kane, McHenry, Cook and DeKalb Counties, Dundee-Carpenters- syndi¬ were as follows: Bly.th & Co., Inc.; C. J. Devine & Co.; Merrill F. of¬ from 1976 to 1980 inclusive. cate E. offered awarded to Corp., as 3y4s. bonds. Dated Feb. 1, 1961. Due on Dec. 1 from 1962 to 1975 inclusive. Legality the of St. 150- 2.98%/ Due 3s. Due as N. T. & S. A., of San Francisco./ Other bonds 192, p. 2558 —were The Cities Securities v. Jackson 187 until 8 p.m. (CST) on Jan. 31 for the purchase of $222,000 school the 130,000 of a the Bank by about of 2%s. as 1971 ;/ $980,building bonds offered school headed issue group Nuveen 15 until cost 855,000 10 Union High School Dist., Sutter County, Calif. *■ Sale—An a p. from 1962 to 1970 inclusive. Yuba City Bond to John gen¬ bonds 193, Dec. on Offering — A. A. Blue, Secretary, will receive sealed bids $390,000 inclusive. 1973 0f 12-—v. Due Co., White, Weld & Co., and Merrill Lynch, Pierce, Fenner & Smith, Inc., at a price of 100.001, a net Jan." 10 on school awarded poSed Jan. 15 son, Secretary of the Board of Education, will receive sealed bids able follows: inclusive. 3y4s. as from -• Due 3s. as from 10, 1968 1964 to 150,000 190,000 1963. 23/4s. as from Jan. on on were Dec. on' interest interest ; cost net obligations fered San Francisco, and J. Barth & Co.,. jointly, at a price of of 3y4s. as East payable $875,000 3y8S. Due as Bond Offering—Robert D. Jack¬ Page Counties Com¬ Sale—The follows:- as St. Clair Sch. Dist. No. Cutler, of Chicago. Kane and 53—were awarded to a to from 1978 to 1980 inclusive. (P. O. St. Charles), III. 100.0001, awarded were 1960 — urer, from 1963 to 1977 inclusive. 85,000 munity Unit School Dist. No. 303 Crocker-Anglo Dec. 28 National $305,000 1 County, Calif. Bank, 53 p. 3.16%, Dated Dec. on Bond Sale—The $600,000 school, series A bonds offered on Jan. 10 The O. 1619 11th Avenue, liard & Son, at net interest Bond Sale—The $49,000 school building County School District Kenower, MacArthur & Co., and Goodbodv Goodbody & Co.: jointly, at a & Co., ioint.lv at a price of par, a net interest cost of 1980 inclusive. Prin- interest bank any . p. County Eastern School Dist. (P. O. Bloomfield), Ind. par. 193 —v. designated by the successful bidder. Legality approved by Chap¬ Vista School District, Tulare 193, a Sale—The $390,000 school building bonds offered on Jan. 10 $1,300,000 bonds 1961. 1, from 1962 to were 0f building March basis of about 3.65%. —v. at Bond 1 County, Villa Park Junior ^hool A., of San Francisco, a price of 100.663, T. as 3y8s, as ' Bond Offering — E. Keith Bowers, Secretary of the Board of Education, will receive sealed bids until 8 o.m. (CST) on Jan. 23 , 193, Housing and Home Agency, No. 40 (P. 1, (P.O. Villa Park), III. the Bank of America N. price of High School District No. 45 $330,000 ^elecC bonds offered v. — • to awarded Finance awarded were Moline), III. Due 2.70s. as Du Page Orange The 1958, series to the Federal 1967 and 1S68. County ' : Greene ' interest the TusUn School D,sir,ct Bond on i u Dec. on time same 1962. 2V2S. as 30,000 1982 in¬ to and at Treasurer's office. -r 3V2S. Due as reve- 1960, series B bonds offered the at from 1963 to 1966 inclusive. purchase of $1,000,000 school 1960 bonds. Dated Jan. 31, 1961. Due Jan. nue Jan. 31 for the on Se- Sale—The $3,000,000 dorimtory and student union Rock Island and 60,000 Bend Offering—Claud H. Grant, on Additional Diet. (P. O. Shabbona), III. $15,000 County Clerk, will receive sealed bids at his office in Visalia, until (PST) n""fies I. , follows: as Tulare Union High School District, Tulare County, Calif. a.m. p bonds offered on Jan. 9—v. 193, P- 150 — were awarded to Allan Blair & Co., at a price of 100.002, a net interest cost of about 2.63%, Young- Lundborg C. N. White & Co. 10 f at], Bond Sale—The $105,000 school & Co.; Lawson, Levy, Williams & Stern; Cruttenden, Podesta & Co., and berg; Newman Co. , No. 425 & Channer and curities „ Community Unit School Smith, Inc.; Hammill & Co.; E. F. Shearson, Co,, V f £ Bank, of Chicago; Dean & Co.; Merrill Lynch, Pierce, n 55 on Jan. 10—v. 183, p. 54 — were awarded to a syndicate headed by J. J. B. Hil- Landry Parish Fire Protection District No. 3 (P. O. Opelousas), La. Bond ' . , Sa'.e-rThe.$110,000 public improvements bonds offered , on 3 r- v/192, p. 2558 — Avere awarded to Ladd Dinkins & Co. Jam 56 (420) The Commercial and Financial Chronicle . : . Monday, January 23, 1961 A Terrebonne Parish Recreation Dist. No. payable at the New England Mercnants National Bank, of Boston. (P. O. Schriever), La. Sale—The $105,000 public improvement bonds offered on Jan. 11—v. 192, p. 2661—were awarded to Dated June 1,, 1960. Legality 1 Bond Principal and interest (J-D) approved Thorndike, by Storey, & Dodge, of Palmer Kohlmeyer & ,Co. Bond Sale—An issue of $880,000 act of 1948 school project loan, bonds offered on Jan. 12 Lewiston, Maine was sold $1,850,000 ju¬ to a group composed of Goldman, nior high school and public im¬ Sachs & Co., Paine, Webber, provement bonds offered on Jan. Jackson & Curtis, and Hornblower 11—v. 193, p. 150—were awarded & Weeks, as 3.60s, at a price of to a Sale—The syndicate composed of The 100.754, Morgan Guaranty Trust Co., of New, York, C. J. Devine„ & .Co., First of Michigan Corp., New York Co., 100.7289, Old Principal and interest payable at Corp., and Ernst 3.40s, at a price of as basis a of Town Water Bond about ton. 3.33%. Jan. on 4s, at of Bond District No. 5 (P. O. ; Bond ceive ,>> Offering—Bruce District Treasurer, sealed bids- c/o Kin- will reFirst The National Bank of Boston, until 11 (EST) a.m. ! chase ; Jan. 25 for the on cipal and interest payable at the Bank approved of by i Gray, of Boston. Boston. Ropes & MARYLAND awarded to syndicate headed by City Bank, of -New York, as 5s, 3%s, Is and y4s, I First | & a Bond Offering O'Hearn, receive Bank New York Trust •Co., of New York, Mercantile-Safe & Trust Co., of Balti¬ more, Northern Trust Co., of Chicago, White, Weld & Co., Merrill ; Lynch, Pierce, Fenner & Smith 1 Inc., Kuhn, Loeb & Co., J. C. | Bradford & Co., Johnston, Lemon & Co., Industrial National Bank, Town sealed Daniel Treasurer, bids c/o J. Dated payable at Feb. on 1 from 1, 1962 clusive. Principal payable at Bank of to 1976 in¬ interest and the Due First National Boston. proved Legality ap¬ Storey, Thorndike, Dodge, of Boston. ^ by Palmer & MICHIGAN Secretary of the Board of Education, will receive sealed bids 31 until for j Providence, Dempsey-Tegeler Baker, Watts & Co., & 8 purchase building limited tax bonds. Dated Jan. 1 from 1, 1961. 1962 to Washington Suburban Sanitary able at bank any of ical site, series 2 Jan. on 16—v. 193, of $10,000,000 general obligation bonds. to Inc.; Halsey, and H. V. com¬ 1962 Due to 1964 as from from Due to Due from 1981 Due to 1 Jan. on Jan. on 1 Bond Consolidated School District, Massachusetts Sale—The $662,000 bonds P. sealed on —were awarded to Inc., 60-Q Co., 17—v. 193, 245 p. Halsey, Stuart White, Weld & 3.60s, at a price of and Co., jointly, as 100.82, a basis of about 3.51%. < - Bond Q'Malley, receive Clinton, Mass. Offering — Walter Town sealed Treasurer, bids c/o the the • , — until 31 10:30 a.m. the pur¬ for will New Boston, 28 State St., Boston 6, a.m. (EST) on Jan. 24 for purchase of $950,000 water- bonds. on Dated Feb. 1, 1961. Due Feb.,1 from 1962 to 1981 in¬ Principal and interest clusive. $220,000 street & on Dec. 15 from Principal payable at 1961 1964 interest and any to bank company designated successful bidder. by or the Legality ap¬ by Miller, Canfield, Pad¬ dock & Stone, of Detroit. proved Grand 4, Rapids, Mich. . patrick, City Clerk, will receive sealed bids until 3 p.m. (EST) on Jan. 31 for the purchase of $255,- special 1960. to assessment Due 1972 bank (M-N) by about 2.59%, as 4s. as from 1961 Due to 2%s. as April on 1963 1 inclusive. Due stations The — general from 1964 to 1970 inclusive. 60,000 21/4S. as Due April 1, on 1971. 115,000 as 2s. as 2s. 1971. v 175,000 Due on April on Due 1, April on 1, 1972. Other cate members were the of follows: as syndi¬ First of Michigan Corp.; John Nuveen & Co.; Commerce Trust Co., of Kansas City; Kenower, Mac Arthur & Co.; Stranahan, Harris & Co., and McDonald-Moore & Co. — awarded headed to Harriman and Co., Inc., at a net cost interest price follows: as $390,000 bids until 8 p.m. (EST) the purchase of from Due building and site, series 1 bonds. 1, 1961. Due on June from 1961 Callable Due at bank any from July on Due July on Due 4s. as from 1979 to 1987 33/4s. as July on Other cate members were of the follows: as Mac Arthur Trust Co. & of of Education, will receive sealed bids until Feb. for $980,000 Co.; Main; at trust cial assessment Jan. 11 151—were awarded to The First of awarded The to offered 2682 p. 1966 — Chemical on were from 1975 Due to July on Due to 4s. as 1981 North 1980 Due 1986 on July on July 1 from inclusive. school tax Sale site bonds 192, The $1,000,000 building limited offered on 2662—were p. syndicate Jan. 17—v. awarded composed of supply tem on and sewage 1960 revenue Jan. 9—v. awarded Co., at to 192, & Co., at a price of bonds a net in¬ terest cost of about 3.69%, as fol¬ lows: bonds. $40,000 as" from 20,000 as 1971 35,000 as 1976 3X/8S, -Due on Jan. 1 1963 to 1970 inclusive. 3s. to Due 1975 4s: to Due 1980 on Jan. 1 from inclusive. on Jan. inclusive. from ; Bend-lnver Grove Pine School Dist. No. awarded to Barcus, / Bond Offering — District Riehm, Bond Offering District sealed ceive sealed Indep. School (CST) chase on of gation from able and the Jan. 24 for 1, 1961. Due will of interest trust 1986 Jan. Dated Sept. or. company p.m. 1961. Due to / Principal payable 1680 and any irusc at in¬ interest bank or designated by the bidder. Legality ap¬ company successful proved by Dorsey,-. Owen, Bar¬ Marouart & Windhorst, of VI Minneapolis. St. Paul, Minn. Offering—Sealed bids will Bond received until on March for 8 10 the $10,634,000 various gation bonds. St. a.m. (CST) purchase of obli¬ general , Paul, Minn. Sale-/The $13,000 sewage Bond plant 1960 bonds offered Dec. on 19—v. 192, p. 2273—were awarded The Drovers to Exchange State Bank, of South St. Paul, as 4X/2S, at a price of par. Wood Lake Independent School District Bond No. 896, Minn. Sale—An issue of $33,500 bonds offered on Jan. 9 sold to The First National 1 ; . Dated Feb. 1, 1961. Due on Feb. from 1964 to 1981 inclusive. . Principal and interest payable at any bank or trust company desig¬ by. the successful bidder. approved MISSISSIPPI Gulf port, the pur¬ general was & sold to by Legality PptPf.^nn a $750,000 sewerage on Jan, 10 syndicate composed Merrill Lynch, Pierce, Fenner Smith, Inc. Hattier & Sanford, 1971/ Principal ♦Harrington designated obligation treatment bonds offered inclusive. Call¬ Jan. Miss. Bond Sale—An issue of of WownrH 1, 1963 (M-S) 1 bidder. March from 1 clusive. p.m. payable at, any bank successful 'jnnvnxrPrl 1, R. re^- 5 Feb. 1 for the purchase $250 000 school building 1961 re¬ 7:30 on until K, $1,000,000 general obli¬ school building- bonds. 1964 to as until will on V Raymond Clerk, bids Frederick bids by Dorsey,' Owen, Barber, Marquart & Wind¬ horst, of Minneapolis. 11 — Indep. (P. O. Clerk, ceive Legality (P. O. Anoka), Min.' Nelson, 199 Gackstetter and Middle Roads, South St. Paul), Minn. nated or 1 bidder. Bank, of Chaska. Kindred & Co. offered & designated by the successful Legality approved by Dorsey, Owen. Barber, Marquart & Windhorst, of Minneapolis. pany school 193, 151—were p. sys¬ 2662—were Callable as of Jan. 1, Principal and interest (J-J) payable at any bank or trust com¬ was 14 Bond Sale—The $525,000 school bonds offered on Jan. 11—v. Anoka-Hennepin McDonald-Moore price of 100.09, a a 100.009. Superior School District No. MINNESOTA disposal inclusive. .973. ald-Moore & Co., and Allan Blair $95,000 water p. to Harriman Ripley & Co., Inc., Merrill Lynch, Pierce, Fenner & Smith, Inc., Stranahan, Harris & Co., McDon¬ District No. The the series 9 bonds. Dated Jan. 1, 1961. Due on Jan. 1 from 1964 to 1981 — and Kuttu, receive: noon (CST) on purchase ef $2,airport improvement, Sturgis School District, Mich. Bond G. will until for be inclusive. H. — Director, bids 23 200,000 1 1 State Muskegon, Mich. Sale Offering South Savings Bank, of Midland. Bond Jan. V 1974 inclusive. to 3%s. as 1 payable company Minnesota Bond ber, July on or Minneapolis-St. Paul Metropolitan Airports Commission (P. O. 2329 University Avenue, St. Paul 4), 1965 inclusive. 3V2S. as from follows: as Due 1962 to interest net a 3.88%, 4M>s. as from 140 0r*0 Corporation/and E. & Co., jointly, at a 100.025, 105,000 spe¬ (M-S) bonds. Sale—The $395,000 school bonds offered on Jan. 10—v. 193, 1987 inclusive. Prin¬ bank (CST) District No. 50, Mich. 16 $249,000 building bonds. Dated l,r1961. Due on March 1 1964 to any of Bond Feb. of trust company (P. O. Brimley), Mich. $201,000 bonds 192, —v. or until purchase re¬ designated by the successful bidder. Legality approved by Faegre & Benson, of Minneapolis. payable Schoolcraft Community School 115.000 Securi¬ bonds. Detroit. 1 ties Co.; Pohl & Co., and Walter, Woody & Heimerdinger. Sale—The bank any $35,000 Co.; Ballman & of designated by the successful bid¬ der. Legality approved by Miller, Canfield, Paddock & Stone, of price Nu¬ on bids at 1975. Prin-. 1, (A-O) cost of about Commerce Newman building Oct. of as 1 Kansas Channer (EST) purchase p.m. the school Dated March 1, 1961. Due on Oct. 1 from 1962 to 1990 inclusive. syndi¬ John 7:30 16 Schneider Co.; Mullaney, Wells Charles Parcells & Co.; Co.; company Ignace School District, Mich. Bond Offering — Robert B. Leveille, Secretary of the Board Michigan City; H. V. & Co.; Shannon & Co.; Watling, Lerchen & Co.; McDon¬ & trust or 1 A. — cipal and interest Prin¬ St. of Co.; B. J. Van Ingen & Co.; Barcus, Kindred & Co.; Paine, Webber, Jackson & Curtis; Stran¬ ahan, Harris & Co.; Kenower, from payable of Detroit. 1 July on the school sealed & veen 1, 1971. Aug. on Minn. 763, sealed der. Legality approved by Dick¬ inson, Wright, McKean & Cudlip, H. inclusive. Due for inclusive. (J-D) 1 Indep. School District Executive 1 1972 to 1978 inclusive. 1,925,000 1986 Due Offering designated by the successful bid¬ p. 1971 inclusive. 4x/4s. as to of June as 1 1966 inclusive. 4V2S. from 1967 to 950,000 July on ceive Dated Feb. a 4.02%, : 1962 to as Feb. 7 on Aug. on Edgar Kubalsky, District Clerk, will Sattley $2,000,000 Due 3.70s. as Bond Co., Inc. for 1 Aug. on - from 1977 to 1979 inclusive. 2662 p. V. Pryor, Secretary of the Board of Education, will receive sealed & 100.032, about : 5s. Ripley of of ' as ,500,000 syndicate a the First of Michigan by Corp., 192, H. cipal and interest The $4,440,000 building bonds of¬ 12—v. 192, p. 2377 Jan. on —were to Roseville School District, Mich. Bond Offering — Clarence E. Callable Livonia S>choot lDistrict, Mich. Sale Jan. 9—v. Due 3V2S. as 15,000 fire - . -15,000 obligation bonds awarded Aug. 1 from inclusive. :'//; from 1974 to 1976 inclusive. / No. $399,0C0 a cost on 1970 3.30s. as Medford cipal and interest April on to Roseville, Mich. Sale interest follows: to from 1971 to 1973 inclusive. '/W, Bond 12— net a 3s; Due as 1963 15,COO any Legality approved by Dickinson, Wright, McKean & Cudlip, of De¬ troit.. par, about 3.50%, as ; bidder. successful of $40,000 desig¬ company the of March syndicate a at Jan. on p. 55—were awarded Allison-Williams Co., at price - offered" bonds 193, The Principal and payable trust or nated 1961 v. May 1 from 1961 on inclusive. interest Dated Jan. Bond Offering—R. Stanton Kil- 000 1, Hastings, Minn. $85,000 fire hall dis¬ Sept. alley special assessment, series bonds. Dated Dec. 15, 1960. trust J. until 11 ^ Due of (J-D) England Merchants National Bank of chase inclusive. ' ■ bids Jan. oh Dated & , $355,000 paving & • Offering re¬ offered Jan. of cost Bond Henry (EST) Sewage bonds. 1987 inclusive. Dowling, City Controller, will ceive Arm posal system 1 Detroit, Mich. Bond to Farmington , Bond Sale—Tne (EST) on purchase of$165,000 assessment of Minneapolis. a.m. Kendallwood $1,750,000 med¬ awarded Allison-Williams 1 10:30 offered Midland, Mich. MASSACHUSETTS Avon Paddock ald-Moore & Jan. on 1980 inclusive. 37/ss. by & Sattley 1975 inclusive. 1976 to as a inclusive. 3%s. as 360,000 Co., Inc., Jan. 1 from on S^s. 1965 190,000 & Co. follows: as 5s. as 290,000 & net interest cost of a 3.78%, $60,000 various Stuart Sattley & Co., Inc., at price of par, about of¬ 151— group a approved from 1988 to 1990 inclusive. p. special com¬ Jan. 12—v. 192, p. 2661 on interest com¬ bonds posed of Harriman Ripley sealed bids until March 14 for the purchase awarded were inclu¬ trust or Canfield, follows: Sale—The $900,000 build¬ and ing fered 1975 headed by Braun, Bosworth & Co., inc., at a price of 100.064, a net Detroit. Bond re¬ p.m. facility limited tax bonds 675,000 Sub¬ receive will care —were Berkley School District, Mich. Sanitary Commission, trust or pay¬ bank Bond Sale—The inclusive. designated by the successful bidder. Legality approved by Miller, Canfield, Paddock & Stone, 4017 Hamilton the 1968 April on pany Street, Hyattsville), Md. Bond Offering—Jas. J. Lynch, of Due Principal and interest (A-O) • Treasurer $45,000 Com- of Kansas City, ->Y | Wachovia Bank & Trust Co., of Winston-Salem, Robert Winthrop t & Co., William S. Morris & Co., Jones, Kreeger & Co., Winslow, Cohu & Stetson, Inc., Stranahan, : Harris & Co., Lyons & Shafto, ; Inc., H. V. Sattley & Co., Elkins, ! Morris, Stokes & Co., and Stock¬ yards National Bank, of Wichita. (P. O. Jan. on of school merce Trust Co., District (EST) p.m. the until —were fered Offering—Henry Combel- 8 County (P. O. Jackson), Michigan ::: Bend Township School District (P. O. Painesdale), Mich. until Legality school site and Adams Bond bids any bids & Haertzen, Lefler LeFevere, County (P. O. No. 550 Telegraph Road, Pontiac), Mich. Bond Offering—Harry W. Horton, Secretary of the Board of Public Works, will receive sealed South designated by the successful Jackson First 1961. L. Stone, of Detroit. Boston, Munici¬ Feb. Elizabeth — Principal and interest (A-O) pany will the Milk St., Boston, until 11 a.m. (EST) on Jan. 26 for the purchase of $125,000 water • urban sive. Oakland Jan. 23 for the April 1 from 1961 to ,1 lack, Corp., Harris Trust Bank, of Chicago, Savings Co., a about & Feb. 14 for the purchase of $150,000 town hall limited tax bonds. Dated Oct. i, 1960. Due on Mass. — National Bank of were as follows: I Chemical | at of by Paddock on to pal Division, 45 net inter¬ a First Boston - sealed (CST) Dodge, of Boston. Westminster, Other members of the syndicate ./Deposit ceive 1,045,000 cost of about 3.49%. & 2X/2S, as approved Township (P. O. Grosse lie), Mich. Offering National basis com¬ Johnson, Township Clerk, will National at a price of 100.049, est i Palmer bonds. Montgomery County (P. O. Rockville), Md. Bond Sale—The $11,000,000 genj eral obligation bonds offered on ) Jan. 17 — v* 193, p. 150 — were the Bond pur- | from 1962 to 1982 inclusive. Prin¬ National sold was Atlas Principal and interest payable at the New England Merchants Na¬ tional Bank, of Boston. Legality approved by Storey, Thorndike, $1,250,000 school bonds. Dated Feb. 1, 1961. Due on Feb. 1 First Grosse lie pay¬ trust or by the successful Legality Miller, Canfield, Stone, of Detroit. offered of | Legality 12 - bank any Due on June inclusive. 1964 designated bonds Dated Feb. 1, 1961. Due on Feb. from 1962 to 1966 inclusive. 1 • w J. Jan. on Rockland signal 2.46%. V Rockland), Maine ney, obligation Bank, of Boston, price of 100.09, a School Administrative 9t Miller, w-" Sale—An issue of $33,000 offered The to able bidder. general Securities Rockland City, Owls Head and South Thomaston Towns ! Legality approved by Storey, Palmer & Dodge, of Taunton, Mass. 18 about 3.95%. a Bank, in Bos¬ Boston. Corp., price of 100.529, a basis as ■ National Thorndike, 245—were awarded to p. American | First Sale—The $800,000 water 193, The the District, Maine series V bonds offered —v. 1 Hanseatic & basis of about 3.52%. a Dated Feb. 1, 1961. Due on Feb. from 1962, to 1981 inclusive. v 1961 bidder. Holliston, Mass. Bond from pany Boston. MAINE 1 & Co., Arnold & Kroeze,. McLarty & Co., and Phillips-Gaitney & Co., at a price of par; a net interest cost . Derbes, of about 3.82%, vas follows/ ./ 193 Volume $210,000 1962 from . 6023 / 1969 from to 1974 Due 4s. as 1975 from . The . Commercial and Financial Chronicle on March 1 1968 inclusive. to NEVADA to March 1984 Bond inclusive. Offering Peters, (PST) trial plant bonds offered 10—v. 192, at Corp., on 1961. Jan. Jackson to Drury College, Springfield, Mo. Bond Offering — Carl Stillwell, Vice-President and until 11 55—were tional school building Dated Feb. on inclusive. ;(F-A) NEW 1 from 1962 Principal payable 1, and the at JERSEY East Rockaway, N. Y. $160,000 general fered on Meadow West Jan. Hempstead, price of 2.88%. 1 Bond 100.06, Feb. from March on Due 3s. as Sale—The inclusive. 3.20s. -Due as on Bond eral St. Louis, Mo. Bond Offering—Julius W. Dela- will Auditor, City until Feb. bids 1961. 1961 to of purchase tional Bank, Louis (P. County O. Clayton), Mo. in East awarded to 54 p. — general Due sewer on cipal and interest (M-N) payable at the Chase Manhattan Bank, in New York City. Legality ap¬ proved by Sykes, Galloway & Dikeman, of New York City. June inclusive. Principal and interest (J-D) able at berty, pay¬ the National Bank of Li¬ and the Sullivan National Bank of Liberty. Montgomery, Crawford, Wallkill, Newburgh, Hamptonburgh, New Windsor and Shawangunk County Legal¬ ity approved by Sykes, Galloway & Dikeman, of New York City. Central School Dist. No. 1 (P. O. 75 Orchard Street, Walden), N. Y. Lloyd, Marlborough and New Paltz Central Rockaway. Bond Sch. Dist. No. 3 pur¬ $1,925,000 school bonds. Dated Feb. 1, 1961. Due on May 1 from 1962 to 1981 inclusive. Prin¬ (P. Bond Offering—Helen M. Welt- O. Highland), N. Y. Offering — Theodore zien, District Clerk, will receive sealed bids until 2 p.m. (EST) BANK & QUOTATION RECORD WE GIVE gen¬ bonds of¬ • 193, p. 151— syndicate, com¬ & Co., Laden- a Shields Feb. on at Sale the awarded to — AMERICAN STOCK EXCHANGE • 'TY: • DETROIT STOCK EXCHANGE • NEW YORK STOCK EXCHANGE-BONDS PACIFIC COAST STOCK EXCHANGE MIDWEST STOCK EXCHANGE • NEW YORK STOCK EXCHANGE-STOCKS • •BQSTQN STOCK EXCHANGE • PHILADELPHIA-BALTIMORE STOCK EXCHANGE • PITTSBURGH STOCK EXCHANGE The $280,000 street bonds same time 1 of about GENERAL were syndicate composed of Boland, Saffin, Gordon & Saut¬ ter, Goodbody & Co., Lebenthal & Co., R. D. White & Co., Camden Trust, and Seasongood & Mayer, as 3V4S, at a price of 100.10, a basis follows: 3s. 1987 p.m. STOCK EXCHANGE QUOTATIONS $950,000 obligation offered were a as of Additional syndicate headed by Morgan Guaranty Trust Co., of New York, at a price of 100.108, a net interest cost of about 3.04%, $1,562,000 to re¬ 2 the SUBSCRIBE TO OUR MONTHLY basis of about 3.64%. lic improvement bonds offered on 193, inclu¬ 15, 1960. Due 1961 for , Bond Sale—The $2,447,000 pub¬ 18—v. on from until FOR HARD TO FIND QUOTATIONS burg, Thalmann & Co., Francis I. duPont & Co., E. F. Hutton & Co., and Raffensperger, Hughes & Co., as 3.65s, at a price of 100.068, a general obligation bonds. St. Dated Dec. Principal and interest (F-A) payable at the Meadow Brook Na¬ 17—v. awarded to posed the Jan. on were various $15,802,000 about Due 1975 $1,967,000 gen¬ Sale—The obligation fered receive for 15 of Camden, N. J. March from 1973 to 1976 inclusive. as 1, basis re¬ a.m. of will Clerk, bids Jan. '31 inick & Dominick. March on from 1968 to 1972 370,000 Jan. a 11 on Corp.; Blair & Co., Inc.; Paine, Webber, Jackson & Curtis; Industrial National Bank, of Providence, and Dom- 1965 to 1967 inclusive. from 510,000 Due 2V2s. as The will until on Webster Securities March on to bids Bor¬ Jan. 31 for the purchase $286,000 improvement bonds. of 15 of¬ Bank, of 2.90s, at a as Hackensack), N. J. 1962 to 1964 inclusive. from ; sold was Sale—The 190,000 sealed 11 bonds Brook National $1,200,000 gen¬ eral, vocation school and park eral obligation building bonds of¬ bonds offered on Jan. 18—v. 193, fered on Jan. 11—v. 193, p. 151-— p. 246—were awarded to a syndi¬ were awarded to a group com¬ cate headed by Phelps, Fenn & posed of The Northern Trust Co., Co., taking $1,965,000, as 3s, at a of Chicago, Stern Bros. & Co., and price of 100.103, a basis of about Lucas, Eisen & Waeckerle, at a 2.98%. price of 100.346, a net interest cost Other members of the syndi¬ of about 3.04%, as follows: cate were as follows: Stone, & bar, 1961 purpose Treasurer, sealed (EST) Bond Sale—An issue of Bergen County (P. O. Independence School District, Mo. Due Village den, YORK chase Offering—Chandler District sealed v. — MISSOURI $130,000 as 4V2s. Bond as v"\ (EST) Liberty, N. Y. Na-' ; - by Hawkins, Wood, of New York. 57 193, p. 54 — were awarded to Boland, Saffin, Gor¬ don & Sautter, as 3.60s, at a price of 100.016, a basis of about 3.59%. inclusive. Interest A-O. Legality approved by Stinson, Mag, Thom¬ son. McEvers & Fizzell, of Kansas City. Bond V ceive sive. Barnegat Light, N. J. $41,000 general improvement bonds offered on 9 the . Schunk, & ceive 1961 Feb. Bond Sale—The Jan. to approved 193, Bank, of Dover, NEW Aug. (CST) on Feb. 4 for the purchase $250,000 dormitory revenue 1960 bonds. Dated April 1, 1960. Due on April 1 from 1963 to 2000 10-^v. - . Dated a.m. awarded Union 3.20s. Jan. on Legality Delafield $37,000 water re¬ Denver. of offered p.m. Secretary, will bids sealed receive 8 County Treasurer's office. Le¬ gality .approved by Dawson, Nagel, Sherman & Howard, of price of 100.098r a Due 1981 will until bonds. tax interest Securities Clerk, bids Sale —The Jan. 30 for the purchase $250,000 limited 2662—were awarded p. First The to on of Mathiston, Miss. Sale—The $100,000 indus¬ Bond sealed bonds p. Charles S. — District ceive 1986. and 1985 District Nevada 1 60,000 as 3V2S. Due on March 1, . School (P. O. Box 603 Carson City), inclusive. on County (429) Wharton, N. J. Bond Ormsby 180,000 as 3V2Si Due on March 1 300,000 . 4s. Due as ' Number QUOTATIONS a • BANKS AND TRUST COMPANIES- • MUNICIPAL BONDS- DOMESTIC 3.23%. DOMESTIC CANADIAN CANADIAN • from 1962 to 1975 inclusive. • 885,000 Other cate Due 3.10s. as from members were as Feb. on 1 inclusive. 1981 1976 to syndi-' t he of follows: G. H. Walker & Co.; Clark, Dodge & Co.; Hayden, Stone & Co.; W. H. Morton & Co.; Gregory & Sons, and Winslow, Cohu & Stetson. Bond dent Sale — nurses bonds • PUBLIC UTILITY BONDS • Belleville, N. J. I EQUIPMENT TRUSTS (RR.) EXCHANGE SEATS • PUBLIC UTILITY STOCKS • FEDERAL LAND • RAILROAD • FOREIGN GOVERNMENT BONDS • RAILROAD STOCKS • Memorial Hospital, Maass Clara offered The $500,000 stu¬ dormitory on Jan. revenue 13—v. 193, 151—were awarded to the Fed¬ p. eral Housing and Home Finance as 3V8S, at a price of par. BANK BONDS BONDS INDUSTRIAL BONDS • REAL ESTATE • INDUSTRIAL AND MISCELLANEOUS STOCKS • REAL ESTATE STOCKS • INSURANCE STOCKS • UNITED STATES GOVERNMENT • INVESTING COMPANIES • UNITED STATES TERRITORIAL BONDS Lower Washington University, St. Township School District (P. O. Cape May), N. J. Louis, Missouri Bond Sale—The Bond Offering—James J. Ritter- skamp, Jr., Secretary of the Board of sealed on Feb. 3 $1,528,000 student housing, series 1959 bonds. Dated Oct. 1, 1959. Due on Oct. 1 Directors, will receive bids until 1 p.m. (CST) for the purchase of from 1962 to bonds offered on $275,000 school Jan. 11—v. 193, of — 100.31, a Holly Township School District (P. O. Mount Holly), New Sale Bond v. Bond Sale—An sanitary offered Mont. 217, sewer issue of $34,700 construction bonds Jan. 9 on was sold to The Huppert Realty Co., of Livingston, as 5s at a price of 100.06, a basis of about 4.90%. Dated Feb. 1, 1961. Due on Jan. 1, 1977. Bond Offering $295,000 bonds son & Co., as — bonds. No. 16 SECURITIES CALLED FOR REDEMPTION • TIME LOAN RATES • MONEY MARKET • VOLUME OF TRADING I WILLIAM B. DANA I 25 PARK I NEW YORK 7, N. Y. as 3.95s, at a price of 100.27, basis of about 3.92%. Township (P. O. Union), N. J. I SUBSCRIBE TODAY I 0 I I for wish one CO. cs PLACE to year subscribe for the to the sum of Bank & $45. I I Sale—The $870,000 public improvement bonds offered on 193, p. 246 — were to John Nuveen & Co., I 16 Name I I Bond Jan. — awarded district • FOREIGN EXCHANGE $250,000 bonds offered on Jan. 12—v. 193, p. 55— were awarded to John J. Ryan & was school DOW, JONES STOCK AVERAGES • PRIME BANKERS' ACCEPTANCES Riverdale, N. J. Union bonds. 115,000 • Sale—The Bond Mont. $180,000 high school district No. 16 CALL LOAN 3.71%. An issue of sold to David¬ follows: RATES • Inc., taking $1,097,000 as 33/4s, at a price of 100.34, a basis of about a Harlowton • Suplee, Yeatman, Mos- Inc., ley & Co., Inc., Newburger, Loeb & Co. and C. C. Collings & Co., Co., Wheatland County, School Districts, 10—- 2662—were awarded to syndicate composed of Phelps, 192, p. ner, No. — Fenn & Co.. Rambo, Close & Ker- Special Improvement Dist. STATISTICAL INFORMATION The $1,100,000 Louis. a OTHER Jersey school bonds offered on Jan. Helena SECURITIES Mount Interest A-O. Legality approved by Charles & Trauernicht, of St. MONTANA SECURITIES J. B. price basis of about 4.02%. were awarded to Hanauer & Co., as 4.05s, at a 54 p. inclusive. 1999 BONDS Agency, v. 2.85s, at a pr,ice of basis of about 2.84%. as 100.031, a I Address City Zone State. Quotation on 58 Jan. the for 25 The Commercial and Financial Chronicle (430) purchase of $1,1960, second series bonds. Dated Dec. 1, 1960. Due on 900,000 school June 1 from 1962 to inclu¬ 1981 R. Gibbons, & & Co., Co., Inc., Ginther Goodbody & Co., Green, & Anderson, Gregory & Ellis Sons, Hallgarten & Co., J. B. sive. Principal and interest Hanauer & Co., Hannaford & Tal¬ at the Co., of New York. Legality approved by Sykes, Galloway & Dikeman, of New York City. bot, Hannahs, Ballin & Co., Harkness & Hill, Inc., Harris Trust & Savings Bank, Chicago. Hayden, Miller & Co., Hemp¬ hill, Noyes & Co., Hill, Richards & Co., Hornblower & Weeks, Howard, Weil, Labouisse, Fried- (J-D) Manufacturers payable Trust New York (State of) Bond Sale—The $63,450,000 state on Jan. *17—v. 193, p. 151—were awarded to a syndicate formed by the merger of a First National City Bank group, a Chase Manhattan guaranteed bonds offered Bank group, and a Lehman Broth¬ ers group, with interest rates ranging from 2%% to 4%, at a price of 100.0555, a net interest about of cost 3.48%. Other members of the First Na¬ tional City Bank follows: group were Trust Co., Bankers as Mor¬ Guaranty Trust Co., both of York, Harriman Ripley & Co., Inc., Smith, Barney & Co., gan New Co., Inc., First National Bank, of Chicago, Lazard Freres & Co., Goldman, Sachs & Co., Eastman Dillon, Union Secu¬ Halsey, rities Co. & & Continental Illi¬ nois National Bank & Trust Co., of Chicago, Bank of America N. T. & S. A., of San Francisco, Wood, Struthers & Co., Roosevelt & Cross, Coffin & Burr, Inc., Dean Witter & Co., F. S. Smithers & Co., Lee Higginson Corp., Dominick & Dominick, Hayden, Stone & Co., Shearson, Hammill & Co., Clark, Dodge & Co., Laidlaw & Co., Co. Robert Winthrop & Co., J. C. Bradford & Co., Braun, Bosworth & Co., Inc., Brown Bros. Harri¬ & Co., Alex. Brown & Sons, Securities Corp., Dick S. Dickson & American & Merle-Smith, R. Co., Bramhall, Falion & Co., Inc., City National Bank & Trust Co., of Kansas City, Mercantile-Safe Deposit & Trust Co., of Balti¬ Gordon & Sauter, Bacon, Whipple & Co. Industrial National Bank, of more, Boland, Saffin, Co., of Wilson, National Bank of Commerce,; in Seattle, The Ohio Company, Laird, Bissell & Meeds, Winslow, Cohu 8c Stetson, Singer, Deane & Scribner, First Cleve¬ land Corp., Henry Harris & Sons, Frantz, Hutchinson & Co. National Third Bank in Nash¬ ville, First Southwest Co., Newhard, Cook & Co., Baker, Weeks Co., Shelby Co., "Byrd Schmertz Staats & Cullom Davis & Brothers, & Patton & McJunkin, Co., Cunningham, Co., Inc., William R. Co., H. V. Sattley & Co., Charles W. Scranton & Co., Stranahan, Harris & Co., and Arthur L. Wright & Co. Other of members Manhattan Bank the group Chase were as follows: Adams, McEntee & Co., Allyn & Co., Anderson & Strudwick, Malon S. Andrus, Inc., Arnhold and S. Bleichroeder, Inc., Bache & Co., Ball, Burge & Kraus, Barr Brothers & Co., Bartow Leeds & Co., Baxter & Co., Bear, Stearns & Co., A. G. Becker & Co., Blair & Co., Inc. A. C. William Blair & Co., Blewer, Glynn & Co., Blunt Ellis & Sim¬ mons, Blyth & Co., Chemical Bank New York Trust Co., New York, C. F. Childs & Co., Julien Collins & Co., Cooley & Co., Courts & Co., Dempsey-Tegeler & Co., C. J. Devine & erty & Co., A. Webster Dough¬ Co. Francis I. duPont & Co., A. G. Sons, Elkins, Morris, Stokes & Co., Equitable Securities Corporation, Ernst & Co., Estabrook & Co., Fahnestock & Co., Edwards & Federation Bank & Trust Co., New York, Fidelity Union Trust Co., Newark, First National Bank in Dallas, First of Michigan Corv Kean, Taylor & Co., Kidder, Peabody & Co., Charles King & Co., King, Quirk & & poration, Folger, Nolan, FlemingW. B. Hibbs & Co., Inc.. Franklin National Bank of Long Island, Franklin Square, Freeman Co.r Fulton, Reid & Co., Geo. Co., Kuhn, Loeb Co. 8c Co., Dolphin & Co., Emanuel, Deetjen & Co., Magnus & Co., Rippel & Co., Stein Bros. & Boyce, Watling, Lerchen & Co., MacBride, Miller 8c Co., Walter, Woody 8c Heimerdinger and Dreyfus & Co. New Bond Offering ceive sealed (EST) Ladenburg, Master Thalmann & Hutchinson Mercantile National Mercantile Louis, Trust Moore, William Morton Feb. on a.m. 1 from 1962 1991 to inclusive. Principal and interest (F-A) payable at the City Comp¬ Bank at S. Company, St. & Lynch, Leonard Morris & Co., & F. Co., W. H. Moseley & S. Co., Mullaney, Wells & Co., Na¬ Sale Huntington division from Bank, Philadelphia, R. W. Pressprich & Co., Rauscher, Pierce & Co., Reynolds & Co., Irving J. Rice & Co., L. F. Rothschild & Co., Ryan, Sutherland & Co., Salo¬ mon Bros. & Hutzler, Schmidt, Roberts & Parke, Schwabacher & 140,000 bany, Sterling Co., Webster National New Securities Yeatman, Co.,, Suller & & Stone' & Corp., Suplee, & Co., Inc., Mosley & Bank York, Corporation, TalSpencer Trask & B. J. Van Ingen & Co., Wacho¬ via Bank & Trust Co., Winston- Salem, Weeden & Co., Chas. E. Weigold & Co., Wells & Christensen, Inc., Wertheim & Co., White, Weld & Co., Robert L. Whittaker & Co., J. R. Williston & Beane, Wood, Gundy & Co. and Harold Wood Other & Co. of the were as awarded to Corp., 4s, at 1 1993 inclusive. District School Central Jan. 9—v. cancelled. Noi' T' S ale The 193, v. — awarded to — a 246 p. —were composed of Co., of New group Bankers Trust Local School (P. O. RFD 3, 3.46%. cation, until the noon receive (EST) purchase sealed of $559,000 bonds. Offering C. 1960. Feb. County National The Bank 8c by Trust Co., in Wilmington. Legality proved Peck, Shaffer & Wil¬ liams, of Cincinnati. school to bonds 192, offered $7,000,000 Jan. on 2663—were p. syndicate a The — 17 awarded headed by the Bankers Trust Co., -and the Chase Bank, both of New 3y4S, at a price of 101.543, Manhattan York, a as basis of about 3.12%. Delphos City School Dist., Ohio Bond Offering—Oris Sawmiller, bids until of will the Board receive of sealed noon (EST) on Jan. 26 for the. purchase of $150,000 im¬ provement bonds. 1961. Due 1984 inclusive. terest Dated Dec. on Jan. payable National at District, Ohio Offering — Marie noon (EST) A. Jan. 26 on equipment bonds. Dated Jan. re¬ the purchase of on bids until June 11 from 1 clusive. his at office a.m. 1, 1960. Due 1962 Principal to in¬ 1980 and interest (J-D) payable at the Bankers Trust Co., in New York City. Le¬ gality approved by Mitchell, Per¬ shing, Shetterly & Mitchell, of New York City. Lincoln County (P. O. Lincolnton), Carolina North Bond Offering W. E. Easter- — ling, Secretary of the Local Gov¬ ernment ceive Commission, sealed bids Raleigh, until Jan. 500,000 bonds. on for 31 will his at re¬ office in 11 a.m. (EST) on purchase of $1,- the school building, series A Dated March 1, 1961. Due March from 1 Bank, of Chillicothe. Le¬ gality approved by Peck, Shaffer & Williams, of Cincinnati. Franklin City School District, Ohio Bond Offering — Kenneth Bishop, Clerk of the Board of Education, will receive sealed bids 1964 to ell, Pershing, Shetterly & Mitch¬ Co., Inc., The Milwaukee Company, D. A. Pincus & Co., Rambo, Close & Kerner, Inc., Sage, Rutty & Co., Stix & Co., Townsend, Dabney & Tyson, Redpath, Wm. $734,000 bonds. school Dated Jan. North Carolina Offering (State of) Edwin Gill, — Treasurer, bids sealed until will Feb. receive 8 for Bond Clerk will Offering of the receive (EST) purchase of noon provement 1961. Due 1981 J. terest — Board of sealed on E. Miller, Education, bids Jan. 25 until for the $216,000 bondsi on H. Ohio Dec. inclusive. school im¬ Dated Feb. 1, 1 from 1962 to Principal and in¬ (J-D) payable at the First Dempsey, School District Sale —The $1,700,000 3.64%. Other cate members were Co., Clark & of t he follows: as syndi¬ Commerce Kansas City; Fahey, Field, Richards & Co.; First Cleveland Corp.; Wm. J. Co.; Mericka Co.; ■; Pierce, Merrill Fenner Prescott & & Co., Lynch Smith, Inc.; Saunders, and Stiver & Co. McDonald Village Local School District (P. O. Warren), Ohio Bond Clerk Offering—Fred L. Molin, of the Board receive noon of Education, sealed (EST) bids Jan. on 28 until for the purchase of $250,000 school bonds. Dated Feb. 1, 1961. Due on Dec.- 1 from 1962 to 1981 inclusive. Prin¬ cipal at interest and the First Girard. (J-D) National ' Y"/;:Y' - 'K:Medina, Jan. on of ..,v; Ohio Bond Sale—The offered payable Bank $1,225,000 bonds 192, p. 2663 9—v. —were awarded to a syndicate composed of Halsey, Stuart & Co., Inc., Goldman, Sachs & Co., Field, Richards & Co., Provident Bank of Cincinnati, H. and Sattley & Co., as S34s, at of 102.1324, basis a V. price a of about 3.56%. Middleport, Ohio Bond truck Sale The $25,000 fire equipment bonds offered & Jan. on — 11—v. 193, p. 55—were awarded to The Bank, Pomeroy National Pomeroy, as 3s, at a of price of par. Monclova Franklin-Monroe Local School Dist. (P. O. Pitsburg), Ohio Trustees, will receive sealed bids Bond the bonds p. until Sale—The $569,000 school offered on Jan. 9—v. 192, 2559—were awarded to of The a group Ohio Company, & Co., and Sweney Cartwright & Co., as 3%s, at ,a price of 102.21, a basis of about 8 p.m. tion and Jan. 1, 1962 and of 1961. Due to 1971 Jan. 23 for on $50,000 apparatus fire sta¬ Dated bonds. Dec. on inclusive. from 1 Principal interest (J-D) payable at The Whitehouse in (EST) purchase State Savings Bank, Whitehouse. 3.53%. North Baltimore, Ohio Greenville, Ohio Bond offered School Dist., 8c Township (P. O. Whitehouse), Ohio Bond Offering—Calvin R. Tilton, Clerk of the Board of Sale—The improvement Local of approved a syndicate headed by Hayden, Miller & Co., as 33/4S, at a price of 102.545, a basis of about the OHIO the Bank Bank, in Franklin. Le¬ gality approved by Peck, Shaffer 8c Williams, of Cincinnati. McDonald Bond to in¬ awarded to for National composed ell, of New York City. Aurora Dunn & 1960 Jan. 23 15, 1961. Due semi-annually from 15, 1962 to Dec. 15, 1984 in¬ clusive. Principal and interest (J-D) payable at the Franklin —were Co., McMackey, of on 1986 in¬ W. Baird & Sons. (EST) purchase building purchase of $10,000,000 capital im¬ provement bonds. Co., Inc., Burns, Corbett & Pickard, Inc., Fox, Reusch & Co., Inc., Robert Garrett 8c noon June clusive. Principal and interest (M-S) payable at the Morgan Guaranty Trust Co., in New York City. Legality approved by Mitch¬ Local 15, tional the Sanders 1, 1962 and at Savings Legality $270,000 Due semi-annually from 15, 1962 to Dec. 15, 1982 in¬ clusive. Principal and interest until from Principal Cleveland. will until 1 Dec. payable and Bond the Del¬ Frankfort Exempted Village School bids as¬ improvement school improvement bonds offered on Jan. 18—v. 192, p. 2663—were in¬ in Bank, the special Dated Dec. (J-D) until for (P. O. Mansfield), Ohio to Principal and (J-D) bids 23 1, 1962 from 1 3.33%. Margaret Jan. r e q t bonds. on Trust Clerk-Treasurer price v of about $18,100 inclusive. Madison City School Dist., Ohio Sale t Squire, of ap¬ by Columbus offered Cleveland a — on Loudonville. Clinton ernment sealed s tax Due J 971 interest for will limited school ling, Secretary of the Local Gov¬ Commission, sessment terest at at sealed (EST) purchase / of Farmers payable First Offering clusive. (M-N) V:'/' town-- 2663—were p. of receive noon bids Dated and The basis a bonds 192, 31/2S, as 1961. Due semi-annually from May 15, 1962 to Nov. 15, 1984 in¬ Bond W. E. Easter- — will 15, Principal O. Weimer, Village Clerk-Treasurer, Jan. 25 for on to Bond Dist. Wamsley, Clerk of the Board of Education, will receive sealed State & will improvement CAROLINA Greenville, N. ceive Corp., 100.86, Offering — Everett Har¬ Clerk of the Board of Edu¬ Peoples Co., Inc., as. 3V2S, at a 100.429, a basis of about 5—v. awarded Bond vey, approved Williams, of Loudonville, Ohio phos. & NORTH improvement Jan. on Wilmington), Ohio York; Merrill Lynch, Pierce, Fen¬ 8c Smith, Inc., and Adams, Bond ship re- ^J-D) payable at the Citizens Na¬ Company of Inc., be 000 bonds. Dated Dec. Co., Baker, Watts & Co., Fabricand & Co., John Small & Co., Inc.,*Sutro Bros. & Co., Robert Parker the will & Hinckley Township (P. Hinckley), Ohio Sale—The $65,000 future. McEntee ner Lauer & Shafto, in bonds Dated Bond 55—has been p. follows: fer, Necker & Co., Field, Richards & Co., F. W. Craigie & Co., Stern Brothers & Co., Van Alstyne, Noel & Co., R. D. White & Co., Stern, & 193, The Education, $1,200,000 building bonds offered on 18 102.09, near —v. (P. O. Trumansburg), N. Y. Legality ^ on bonds. Due Loramie. 3.77%. Township School District (P. O. Canton), Ohio Bond Sale Cancelled—The sale of $1,250,000 school bonds offered Bond Co., Inc. the about Canton 1 Ulysses, Enfield, Covert and Rector Jan. Cleveland price of Lehman Newburger, Loeb & Co., Schaf- Auchincloss, of First a 1961. by Peck, Shaffer Cincinnati. 1961. Georgia, in Atlanta, James A. An¬ drews 8c Co., Inc., Rand 8c Co., Tripp & Co., Inc., National City Bank, of Cleveland, The Illinois Company, J. Barth 8c Co. Lyons basis a The Ft. on were — June Bank, of New¬ ark, Stroud & Co., Inc., Tucker, Anthony & R. L. Day, G. H. Walker & Co., A. M. Kidder 8c Co., J. A. Hogle & Co., R. H. Robert K. Wallace & Donald-Moore & Co., as 55 p. . were as follows: Kuhn, Loeb & Co., White, Weld & Co., Estabrook & Co., Bradford & Co., Dick & Merle-Smith, and Herbert J. Sims school v. (EST) on Jan. 24 for the purchase of $550,- State Mou.lton & Co., Trust 1 June Due on 4s. as 1991 to Raleigh, Phelps, Fenn & Co., Glore, Forgan & Co., Merrill Lynch, Pierce, Fenner & Smith, Inc., First Na¬ tional Bank of Oregon, in Port¬ land, Paine, Webber, Jackson & Curtis, Bacon, Stevenson & Co., Boatmen's National Bank, of St. Louis, Ira Haupt & Co., Hirsch & Co., Wm. E. Pollock & Co., Inc., E. F. Hutton 8c Co., Eldredge 8c Co.y Inc. National June on inclusive. 1981 Other members of the syndicate & — in : members group 1 as 3.90s. Due on June 1982 to 1990 inclusive. 1,200,000 from 1 June on Due 1974 to from price of Zucker. Due 334s. as from June on 1973 inclusive. 1969 to Bond Trust 17 1968 inclusive. 3V2S. as from Co. Shields & Co., State Bank of Al¬ Jan. on Due 1962 to 1,185,000 Bank, Char¬ Philadelphia National 5s. as Hanseatic National offered se¬ follows: as $175,000 & Peoples revenue, 193, p. 151—were awarded to a syndicate headed by Smith, Bar¬ ney 8c Co., at a price of 99.0199, a net interest cost of about 3.97%, Bank lottesville, - —v. York Corporation, Northern Trust Co., Chicago. John Nuveen & Co., Park, Ryan, Inc., Penington, Colket & Co., $3,000,000 Babylon-Sag Harbor bonds 300,000 Co., Albany, New The — waterworks Plains, National Boulevard Bank, Chicago, National Commercial Trust 193, 10 construction 15, semi-annually from June 15, 1962 to Dec. 15, 1984 inclusive. Principal and in¬ terest .(J-D) payable at the Loramie Banking Company, in Ohio offered Clinton-Massie (P. O. Sayville), N. Y. C school Jan. County Water Authority Bond ries Monday, January 23, 1961 $375,000 school bonds offered Suffolk tional Bank of Westchester, White Bros, 11 $76,500,000 various general ob¬ ligation bonds. Dated Feb. 1, 1961. Due Avon Local School Dist., Bond Sale—The Jan. 24 for the purchase on of & Dallas. E. until re¬ Co., Co., Manu¬ facturers & Traders Trust Co., Buffalo, Manufacturers Trust Co., New York, Marine Trust Company of Western New York, Buffalo, Co., bids E. Lawrence — . Cleveland. Jan. City, N. Y. Gerosa, City Comptroller, will John C. Legg & Co., Carl M. Loeb, Rhoades & Co., Loewi & Co., Mc- mage York . National Bank & Trust Company, in Ravenna. Legality approved by Squire, Sanders & Dempsey, of improvement troller's office. Swiss American Providence, Granbery, Marache & Co., Tilney & Co., Johnston, Lem¬ on & Co., Branch Banking & Trust & Co., W. E. Hutton & Co., Joseph, Mellen & Miller, Inc., Stuart & Drexel man richs & Mericka . on $8,910 street limited tax bonds Jan. 11—v. 192, p. 2559 to The Green¬ awarded ville National as Bond 3V4S, at a Bank, of price of Offering Clerk of Dixon, Education, will — the p. Milton Board receive 55—were awarded to McDonald 8c Co., 102.477, Greenville, pari Hardin-Houston Local School Dist. (P. O. Houston), Ohio Bond Sale—The $100,000 sewer bonds offered on Jan. 10—v. 193, Old Fort Local School Dist., Ohio Bond Clerk will Offering—M. L. Ransom, of 7 of purchase bids until noon (EST) on Jan. 25 for the purchase of $290,000 the Board receive B sealed 33/4s, at a price of basis of about 3.45%. as a p.m. (EST) of on bids Feb. $150,000 provement bonds. 1961. Due 1976 inclusive. on Education, of sealed Nov. 6 until for school the im¬ Dated March 1 from 1, 1962 to Principal and in- 193 Volume Number 6023 (M-N) payable at the Old Banking Co., in Old Fort. Legality approved1 by Squire, Sanders & Dempsey, of Cleveland. The Commercial and Financial Chronicle ... OREGON terest Fort Bond Sale—The $102,693 special improvement street assessment Bond e r a obligation 193, p. 151—were awarded McDonald & Co., as 3s, at a on $464,000 gen- improvement Jan. 11—v. 193, 55 — were awarded to Foster & Marshall. Oregon (State of) Bond Sale The $30,000,000 obligation veterans wel¬ price of 100.29, a basis of about fare, series XIV bonds offered on Jan. 17 v. 2.94%. 193, p. 55 — were awarded to a syndicate headed by River Valley School District (P. 0.s the Bankers Trust Co., of New Marion), Ohio York, and the Harris Trust & Bend Offering — Walter M. Savings Bank, of Chicago, at a Lindsay, Clerk of the Board of price of 98.721, a net interest cost Education, will receive sealed bids of about 3.43%, as follows: until noon (EST) on Feb. 2 for $10,000,000 as 3V4s. Due on Feb. 1, the purchase of $975,000 high 1976. school building bonds. Dated Feb. 20,000,000 as 3.40s. Due on Feb. 1, 1961. Due on Dec. 1 from 1962 1, 1977 and 1978. to 1984 inclusive. Principal and Other members of the syndicate terest (J-D) payable at the Na¬ were as follows: tional City Bank of Marion. Le¬ First National City Bank, of gality approved by Squire, San¬ New York, First National Bank ders Si Dempsey, of Cleveland. of Oregon, of Portland, Chase Rush Local School District (P. O. Manhattan Bank, of New York, New Philadelphia), Ohio Kuhn, Loeb & Co., Blyth & Co., Bond Sale—The $50,000 build¬ Inc., Northern Trust Co., of ing and equipment bonds offered Chicago, Chemical Bank New on Jan. 13—v. 193, p. 55—were York Trust Co., of New York, awarded to Curtiss, Hou-e & Co., Philadelphia National Bank, of as 4s, at a price of 100.28, a basis Philadelphia, Equitable Securities ol about 3.98%. Corporation, Seattle, First Na¬ 9—v. to — general — tional Bank of Seattle. Scioio-Republic Local School Dist. (P. O. State Route 18, Tiffin), Ohio Offering Bend Glenh Miche- — tion, will receive sealed bids until Merrill Lynch, Pierce, Fenner Smith, Inc., R. W. Pressprich Co., Weeden & Co., F. S. Moseley & Co., Dean Witter & Co., American Securities Corporation, & Carl M. Rhoades Loeb, Co., & noon (EST) on Jan. 31 for the Marine Trust Company of West¬ purchase of $213,000 school bonds. ern New York, Buffalo, J. C. Dated Feb. 1, 1961. Due on Dec. 1 Bradford & Co., F. S. Smithers & 1962 to 1982 inclusive. Prin¬ from cipal and interest (J-D) payable at the Republic Banking Com¬ Republic. Legality ap¬ proved by Sauire, Sanders & Dempsey, of Cleveland. Wert City Van School District, Ohio Sale —The Bond $1,920,000 school improvement bonds offered on Jan. 18—v. 193, p. 55—were awarded to a syndicate composed of First the National both of Chicago; Bank; National Illinois tinental Con¬ Bank, Wertheim & Co.; Reynolds & Co.; J. A. Hogle & Co., and Fulton Reid & a price of 100.62, as 3V4S, at basis of about Co., a 3.20%. West Carrollton, Ohio Offering—Robert Wilson, Bond Village Clerk, will receive sealed bids until noon (EST) on Jan. 30 for the purchase of $175,000 sewer 1960 bonds. Dated Dec. 1, 1960. Due Co., Alex. Brown & Sons, W. H. Morton & Co., Inc., Braun, Bos¬ worth in pany, Dec. on Co., Inc. Commerce Trust Co., of Kansas City, Hirsch & Co., Trust Co. of Georgia, of Atlanta, Bacon, Whip¬ Dick & Merle-Smith, Deposit & Trust Co., of Baltimore, Fitzpatrick, Sullivan & Co., Hemphill, Noyes & Co., Stern Bros. & Co., J. A. Hogle & Co., First National Bank, in Dallas, Republic National Bank, ple Co., & Mercantile-Safe of Dallas, United of National States Bank, Portland, Fidelity Union Trust Co., National State Bank, both of Newark, Baker,- Watts & Co., Gregory & Sons, Rand & Co., Brown Brothers Harriman & Co., Washington, of Tacoma, Bartow, Leeds & Co., Hayden, Miller & Third National Exempted Village School District, Bond Ohio Sale—The $795,000 awarded to a group com¬ posed of Braun, Bosworth & Co., Inc.; Kenower, MacArthur & Co.; Stranahan, Harris & Co., and Ryan, Sutherland & ,Co., as 33/4s, at a price of 100.567, a basis of about 3.69%. Seattle-Trust & Savings Bank, of Seattle, Van Alstyne, Noel & Co., Frantz Hutchinson & Oklahoma City, & Co., First Na¬ tional Bank & Trust Co., of Okla¬ homa City, Dreyfus & Co., Ryan, & Co., DeHaven & Crouter & Bqdine, Townsend, Federation Bank & Trust CO., of Sutherland New York, Mid-South Securities Co., Eddlenian, Pollok & Fosdick, Co., Atkinson & Continental Bank & Trust of Salt Lake City, Chas. N. Tripp Company, Hess & McFaul and Horner, Barksdale & Co. Co., Co., Okla. Bond Offering—Sealed bids will be received purchase revenue until of Feb. 1 for the Bond bonds. bonds Payne County Independent School District No. 16 (P. O. Bond Sale—The $3^5,000 build¬ ing on and Jan. awarded Bank City, & _ equipment bonds offered 3—v. to 192, The Trust and p. 2664—were First Co., National of Oklahoma Stillwater National Bank, of Stillwater, jointly. p. Sale—The $125,000 to offered on Jan. 10—-v. — were awarded of St. Helens. 2664 Bank bonds sewer revenue 192, to The Authority (P. O. Ambridge), Pa. Ambridge Borough Bond Sale—An issue of $2,645,disposal revenue, se¬ ries A bonds was sold to a syndi¬ cate. headed by Singer, Deane & Scribner, and H. J. Steele & Co., with interest rates ranging from 1970 to inclusive. 2000 Legality Burgwin, Ruffin, Perry & Pohl, of Pittsburgh. approved by National Robinson - Bank, of Humphrey Nashville, Co., Inc., Cumberland Securities Corp., Citizens & Southern National sold syndicate headed 1966 to 2000 inclusive. Le¬ from Dated Aug, 1, 1960. Due from 1965 1990 inclusive. Legality ap¬ Trust Co., of Kansas City, Julien Collins & Co., Stern Brothers '& proved by Burgwin, Ruffin, Perry & Pohl, of Pittsburgh. Co., G. H. Walker & Co., Strana¬ han, Harris & Co., First National PUERTO RICO Puerto Rico Aqueduct and Sewer Authority, Puerto Rico Reports $1,060,- was to Increased For the month of by Moore, Leonard & Lynch, with interest rates ranging from 4% to 47/s%Dated Sept. 1, 1960. Due on Sept. a gality approved by Burgwin, Ruffin, Perry & Pohl, of Pittsburgh. Other members of the syndicate were as follows: Singer, Deane & Scribner, Butcher & Sherrerd, Ira Haupt & Co., Arthurs, Lestrange & Co., Thomas & Co., H. J. Steele & Co., McJunkin, Patton & Co., McKelvy & Co., Hulme, Applegate & Humphrey, Inc., and Cunning¬ ham,vSchmertz & Co., Inc. Pennsylvania State Public School Building Authority (P. O. 101 South 25th Street, Harrisburg), Pennsylvania Bond Sale The $20,600,000 school lease revenue, series D bonds offered on Jan. 18—v. 193, — the Authority reports revenues of $921,693, compared with $739,849 in November of 1959, according to Juan Labadie Eurite, Executive Director of the Authority. For the months 12 Nov. ended 30, 1960 total revenues of the Au¬ thority rose to $10,244,107 from $9,173,398 in the comparable 12month period the year before. The Government Development for Bank Rico Puerto is follows: Authority, as 6s. Due on Nov. from 1961 to 1970 inclusive. as 3.60s. Due on Nov. 1971 to 1974 inclusive. 1,460,000 from 3,760,000 as 3%s. 1975 to from Due 1982 1 1 Nov. 1 on inclusive. as 4s. Due on Nov. from 1983 to 1997 inclusive. 11,478,000 as Is. Due on Nov. from 1998 to 2000 inclusive. 1,067,000 1 Traffic Up 3.8%— through Puerto Rico International Airport at San Juan. Puerto Rico, totaled 99,251 in November, 1960, compared with 95,634 passengers in November of 1959, an increase of 3.8%, accord¬ ing to Rafael Durand Manzanal, Passenger Passenger traffic Executive Director of the Author¬ the For eral Jan. 11 v. — to awarded $300,000 a offered on 193. p. 55 — were group composed of as 23/4s. Due Feb. on 1, 1963. 1,530,000 as 2.30s. Due on Feb. 1 period amounted to 47,427,184 pounds, against 45.349,682 pounds for the year ended Nov. 30, 1959, increase of 4.6%. Government The Bond Sale—An issue of $500,000 airport revenue bonds was sold to Kidder, Peabody & Co., with in¬ terest ranging from 2%s to 4s. Dated Aug. 15, 1960. Due from 1962 to 1990 inclusive. Legality approved by Rhoads, Reader, of Harrisburg. Sinon & Sale —The offered on $260,000 gen¬ improvement Jan. 10—v. 192, to The Phila¬ delphia, as 2V2s, at a price of 10.02, a basis of about 2.49% . — were awarded Street Trust Co., of 2559 Broad Sandy Township Municipal Authority, Clearfield County (P. O. Dubois), Pa. Bond 000 sanitary 000 to Sale—An sewer revenue Butcher & Authority. issue bonds of $270,- was sold Sherrerd, with in¬ terest rates ranging from 4% to 5%. Dated Sept. 1, 1960. Due from 1963 to 1990 inclusive. Principal and interest (J-J) payable at the Morgan Guaranty Trust Co., in New York City. Legality apprvoed by Chapman & Cutler, of Chicago. TEXAS sealed bids until 11 (CST) a.m. on Feb. 2 for the purchase of $750,000 general obligation street im¬ provement, Dated series 1961 bonds. 1, 1961. Due on March March 1 from 1962 to 1981 inclu¬ sive. Legality approved by Mc- Call, Parkhurst, Crowe, MeCall & Horton, of Dallas. Bond Offering sealed until bids receive (CST) purchase of p.m. $8,000 street improvement, series 1961 bonds. Dated Jan. 23, 1961. Due on Dec. 31 from 1962 to 1970 inclusive. and Principal payable company interest at any bank or designated by the bidder. successful Legality ap¬ proved by L. F. Ericsson, of Madi¬ son. until 7:30 Davidson County March 1 1975 from offered on $3,700,000 gen¬ school building Jan. 12—v. 193, to a syn¬ dicate headed by the Equitable Securities Corp., at a price of 100.024, a net interest cost of about 3.09%, as follows: 55—were awarded $i, 110,000 as 3V4s. Due on April 1 from 1962 to 1967 inclusive. 1,850,000 as 3s. Due on April the Citizens National Other members of the syndicate Bank, Trust Bank, follows: First National of Memphis, Northern Co., Harris Trust & Savings both Bradford & of Co., Bank & Beaumont, Texas Bond Offering—Jas. T. Garrard, City Clerk, receive sealed (CST) on Feb. purchase of $675,000 bids until 10 for the will a.m. system revenue Dated March 1, 1961. Due on Sept. 1 from 1963 to 1975 in¬ clusive. Principal and interest (M-S) payable at the First Na¬ tional Bank, in Beaumont. Le¬ gality approved by Vinson, El- kins. Weems & Sear Is, of Houston. Brownwood, Texas Sale—The Bond $650,000 civic auditorium limited tax bonds of¬ Jan. 5—v. fered on were awarded to 192, a p. group 2664— com¬ posed of The First National Bank, Texas Bank Trust & & Co., and R. Co., Inc., all of Bond Offering Chicago, J. Sch. Dist., Earl — Luna, President of the Board of Trustees, will receive bids sealed until (CST) on Jan. 25 for the purchase of $1,0C0,000 schoolhouse unlimited tax bonds. Dated 8:30 p.m. March 1, 1961. Due on March 1 from 1962 to 1994 inclusive. Prin¬ cipal and interest (M-S) payable at the First National Bank in Garland. Indep. School District, Texas as as incl. Trust Co., of Baytown. Houston 3.20s. Due on April 1 from 1978 to 1981 inclusive. were 1977 1 from 1968 -to 1977 inclusive. 740,000 to Principal and interest payable at Garland Independent T exas (P. O. Bond Sale—The obligation LeFevre, p.m. Dallas. Nashville), Tenn. eral B. (CST) on Feb. 2 for the purchase of $350,000 library, series 1961 bonds. Dated March 1, 1961. Due on A. Underwood TENNESSEE p. bids bonds. will 8 Offering—J. City Manager, will receive sealed 14 Kenneth Otto- the for 23 Jan. on — Clerk, Town son, Baytown, Texas Bo-"* waterworks O. Madison), S. Dak. Nunda (P. bond Ridley Township (P. O. Folsom), Pennsylvania Development Rico is fiscal SOUTH DAKOTA trust obligation Puerto for (J-D) flom 1964 to 1970 inclusive. Reading Airport Authority, Berks County (P. O. Reading), Pa. p. Nov. ended serviced, compared with 1,314,500 in the corresponding pe¬ the year before, an increase of 10.4%. Cargo moved in this agent for the Kuhn, Loeb & Co., Poole & Co., and Yarnall, Biddle & Co., at a price of 100.001, a net interest cost of about 2.33%, as follows: bonds months 12 sengers Bank obligation bonds eral decrease of 11.5%. a riod Sale—The $1,830,000 gen¬ Bond of 1, 1960. Due on Jan. 1 from ity. Cargo moved through the air¬ an 1 Jan. Bond Offering—J. C. Lilly, Di¬ rector of Finance, will receive Rico Puerto 30, 1960, there were 1,451,649 pas¬ $2,835,000 on $125,000 waterworks bonds. Dated Amarillo, Texas Puerto Rico Ports vember, 1959, cost sealed bids until 1 p.m. (CST) Jan. 31 for the purchase fiscal Co. Inc., at a interest Eagleville, Tenn. Bond Offering—Russell Puekett, Town Recorder, will receive agent for the Authority. port in November totaled 4,266,436 pounds, against 4,823,298 in No¬ price of 98.024, a net of about 3.84%, as Bank & Trust Co., of Oklahoma City, Harkness & Hill, Inc., Rod¬ man & Renshaw, and Clark, Landstreet & Kirkpatrick. Revenues— November, 1960 152—were awarded to a syndi¬ cate headed by Halsey, Stuart & p. Bond sewer PENNSYLVANIA Stillwater), Okla. Sale—An issue of Bond 000 St. Helens, Ore. airport $8,500,000 Hemp field Municipal Authority, Westmoreland County (P. O. Greenburg), Pa. v Inc., Talmage & OKLAHOMA Township (P. O. 200 Fairland Drive, Monaco), Pa. Bond Sale—The $50,000 general obligation bonds offered on Jan. 5—v. 192, p. 2379—were awarded to Arthurs, Lestrange & Co., as 4s. Nash¬ Sons, school Company. building, series 1960 bonds of¬ J. C. Wheat fered on Jan. 18—v. .193, p. 151— were Co. Reading, Pa. in Bank ville, Ernst & Co., Kalman & Co., Principal and interest Inc., - McDonnell & Co., Inc., (J-D) payable at the Winters Na¬ Anderson & Strudwick, Bramhall, tional Bank & Trust Company, Falion & Co., Inc., City National in West Carrollton. Legality ap¬ Bank & Trust Co., of Chicago, proved by Peck, Shaffer &, Wil¬ Stern, Lauer & Co., Wells & liams, of Cincinnati. Christensen, Inc., Henry Harris & Carrollton 1, Center Co., Fahey Clark & Co. inclusive. West & Blewer, Glynn & Co., R. D. White & Co., Robert Winthrop & Co., Courts & Co., National Bank of 1981 1962 to from 1 & Aug. 59 gality approved by Burg win, Ruftin, Perry & Pohl, of Pittsburgh. University of Scranton (P. O. 331 Bank, of Charleston, and MidWyoming Avenue, Scranton 3, Pa. Other members of the syndicate Bond Sale—The $700,000 dining South Securities Co, were as follows: C. C. Collings & hall and student union revenue Additional Sale —The $500,000 Co., Dolphin & Co., Halsey, Stuart .1959 bonds offered on Jan. 12— courthouse improvement bonds of¬ & Co. Inc., Arthurs, Lestrange & v. 193, p. 55—were awarded to the fered at the same time were Co., Moore, Leonard & Lynch, Federal Housing and Home Fi¬ awarded to a syndicate headed, Butcher & Sherrerd, A. E. Masten nance Agency, as 3s, at a price of by Halsey, Stuart & Co., Inc., as & Co., Thomas & Co., Blair & par. 2.60s, at a price of 100.049, a Co., Inc., Schmidt, ' Roberts & basis of about 2.59%. West Middlesex Borough Sewer Parke, Stroud & Co., Inc., Cun¬ Other members of the syndi¬ ningham, Schmertz & Co., Hulme, Authority, Mercer County (P. O. cate were as follows: Harriman Applegate & Humphrey, Penning¬ West Middlesex), Pa. ton, Colket & Co., Kay, Richards Bond Sale—An issue of $245,000 Ripley & Co., Inc., Blair & Co., & Co., McKelvy & Co., C. S. Mcsewer revenue bonds was sold to Inc., Paine, Webber, Jackson & Kee & Co., McJunkin, Patton & Blair & Co., Inc., with interest Curtis, Bache & Co., Fahnestock Co., P. B. Root & Co., and Poole rates ranging from ZVz% to 4%%. & Co., City National Bank "& 1 & Clerk of the Board of Educa¬ ner, Dated on Aug. 1 from 19b3 to inclusive. Interest F-A. Le¬ 2000 p. Lmited tax bonds offered on Jan. 4.70%. to 19b0. Due Sale—The 1 31/4% Grande, Ore. bonds offered Ohio Rittman, La (431) C. First American Bond Offering—Mrs. Frank Dy¬ er, President of the Board of Trustees, will receive sealed bids until 1 p.m. (CST) on Feb. 2 for the purchase of $14,School 000,000 school house 1961 limited tax bonds. Dated Feb. 10, 1961. Due Feb. 10 from 1963 to 1989 on Principal inclusive. interest and Hanover Legal¬ ity approved by Eddlemen, Polpayable (F-A) the at Strader & Thorgrimson & Horowitz, of Seat¬ a tle. Co., jointly, as 3%s, at price of 104.78, a basis of about of Houston. able Hurst), Texas Sale — The $1,800,000 Bond offered bonds 9—v. Jan. on tax 193, awarded to a syn¬ 152—were p. unlimited building school Eppler, Guerin & Turner, Inc., at a price of 100.007, a net interest cost of about 4.03%, as follows: dicate headed by the to 1971 inclusive. from 1972 to 345,000 4s. as 170,000 1982 inclusive. Due on Dec. 15 1985 inclusive. * 4V8s. as 15 Due on Dec. from 1976 to from 1983 to Virginia sold W. F. offered bonds to a Jan. on 12 composed of Co., Strader & group Craigie & were Rupe Dallas follows: as First Inc., Son, Austin & wards, Inc., and Walker, Waggener. Independent School Falls Marble Texas District, R*. : Bond Sale—The $65,000 school- 1961 bonds offered series house, Jan. 4 on 56 p. were — of First The to awarded 193, v. — Texas (P. O. San Antonio), Texas Bond Offering—Dr. A. G. Brad¬ * (CST) on Feb. 2 for of $700,000 un¬ schoolhouse bonds. 8 p.m. the purchase tax limited 1961. Due on Feb. 1 Dated Feb. 1, to 1984 inclusive. Call¬ 1963 from 1976. Interest F-A. Legality approved by Dumas, Huguenin & Boothman, of Dallas. able of as Feb. 1, Tex. Palestine, Dated Nov. 1, tem 6 bids will for the water $300,000 of purchase Feb. until received be sys¬ bonds. revenue from 1960. Due able First the at Merchants and Bank, in Richmond. Le¬ gality approved by Wood, King, Dawson & Logan, of New York City. ' " ; WASHINGTON Franklin School (P. O. Pasco), Washington Bond Sale—The $350,000 gen¬ eral obligation school, series B County, District No. Merirll to c/o bids sealed Jan. 11 on First the Feb. Principal inclusive. payable the at of Bank from 1963 1 Boston. to 1980 interest and First National Legality r ap¬ by Storey, Thorndike, Palmer & Dodge, of Boston. proved Pierce, Lynch, Sale Bond — The $5,000,000 school, series on Jan. 18 1961 bonds offered v. 193, p. 152 — were a syndicate headed by — awarded to Halsey, Stuart & Co. Inc., and Morgan Guaranty Trust Co., of New York, at a price of 100.042, a as cost interest net of about 3.07%, follows: as 2.90s. Due on Jan. 1 from 1962 to 1972 inclusive. $2,750,000 500,000 A and as 1974 1,750,000 1 cate as from Other 3s. Due p. 3.20s. as Due on Jan. 1981 inclusive. of the follows; syndi¬ Salomon eral street ries 1 v. a Jan. on from 1963 to 2,855,000 Due 3i4s. as Due as 3%s. Due on Feb. 1979 to 1981 inclusive. were follows: as Goldman, Sachs & Co., Kidder, Peabody & Co., B. Co., Stone & Web¬ ster Securities Corp., Hemphill, Noyes & Co., F. S. Moseley & Co., Fahnestock & Co., First of Mich¬ igan Corp., Pacific Northwest Co., P. Harper & Son & Co., George K. Baum & Co., Harold H. & Co., and Cunningham, Huston Schmertz & Co., Inc. Spokane School (P. O. Spokane), Spokane County, No. 81 Offering County Howard, (PST) of on Due bonds. on Feb. inclusive. 1971. until 10 will a.m. Jan. 27 for the purchase general $2,100,000 school Merton L. Treasurer, bids sealed receive — Dated 1 obligation Feb. 1, from-1963 Callable as to of 1961. 1, payable at the County Treasurer's office. Legality approved by Burcham & Blair, of Spokane. for the p.m. Quebec, of the bank men¬ vince of purpose bonds. (A-O) State payable Bank, in Legality approved by Herriott & Clemons, of Bond sealed Treasurer, bids Feb. on for 3 $10,328,000 bonds. receive (CST) purchase of a.m. the Feb. from 1 clusive. will 11 obligation general Dated Feb. on until 1961. 1, 1962 to Bond Corp., The Northern Trust Co., of Chicago, and the Pacific National Bank, of Seattle. Whitman County, Pullman School District No. 267 (P. O. Colfax), Washington Bond Offering—Melvin B. Col- vin, County Treasurer, bids until will 2 Treasurer's office. interest County Legality ap¬ proved by Chapman & Cutler, of Chicago. Sheboygan Falls Joint School Dist., No. 1, Wis. Bond Sale—The $550,000 school building bonds offered on Jan. 10 192, p. 2380—were awarded to Halsey, Stuart & Co., Inc., and the Milwaukee. price of of cost Company, 100.096, about $140,000 as from 160,000 from 250,000 3.42%, 3%s. a interest follows: on to 1969 inclusive. 3V4S. Due on to 1973 inclusive. 3y2S, Due on 1970 as as at Due 1962 as net a 1 Feb. Simard 6s, at Feb. .1 No. 1 (P. O. Somerset), Wis. Offering—R. A. Bishop, Bond from 1963 M-S. to Le¬ County (P. West Bend), Wis. Sale -— bonds The follows: as O. on 66,000 6s. as 1972 a as net syndicate headed by White, & Co., at a price of par, a interest follows: cost of about Dec. on 2.88%, 1 Dec. 1, 1970. sion, Quebec Offering—J. Eugene Letourneau. Secretary - Treasurer, will receive until bids sealed 1 from 1962 to 1981 inclusive. Principal and interest (J-J) at in branches all pay¬ the Pro¬ vince of Quebec, of the bank men¬ tioned in the loan procedure. St. Jean Eudes, Quebec Bond Offering—Emile Belanger, Secretary-Treasurer, will (EST) of sealed bids until 8 p.m. Jan. 23 for the purchase on $65,000 village improvement bonds. Dated Feb. 1, 1961. Due on Feb. 1 from 1962 to 1981 inclusive. Due 1971 Due 1 inclusive. Jan. 1 from on able all at branches in Pro¬ the vince of Quebec, of the bank men¬ tioned in the loan procedure. inclusive. 1976 to Jan. on Chicoutimi-North, Quebec Sale—The $148,500 town improvement bonds offered on Jan. 3 192. v. — awarded to a 2664 p. — were composed of group Canadienne Nationale, Quebec, Inc., and Place¬ Kennebec, Inc., at a price of 95.59, a net interest cost of about 6.67%, as follows: $26,500 5V2S. as from 122,000 Due 1962 to 1 Jan. 1 from on NEVER FELT BETTER! inclusive. 1971 to Jan. on 1966 inclusive. 6s. Due as 1967 Drummondville-South, Bond Sale — improvement Jan. 3 The Quebec $25,000 city offered bonds on 192, p. 2664 — were awarded to Grenier, Ruel & Co., Inc., as 5y>s, at a price of 98.62, a basis — v. of about 5.79%. L'Abord Plouffe a School Commission, Bond Offering Quebec — L. Lapointe, will Secretary-Treasurer, sealed 000 school 1961. Due (EST) on purchase of $850,- bonds. on Dated Feb. inclusive. 1981 receive1 bids until 8 p.m. 23 for the Jan. (F-A) Feb. 1, 1 from 1962 to Principal and payable at in¬ all branches in the Province of Que¬ bec, of the bank mentioned in the loan procedure. $143,000 bonds offered on Jan. 11 was sold to Durocher, Rodrigue & Co., Ltd. improvement Murdochville Bond School Commission, Quebec Offering — Gabriel Ber¬ N. P., Secretary - Treasurer, will receive sealed bids until 4:30 (EST) on Jan. 24 for the pur¬ of $231,000 school bonds. Dated Feb. 1, 1961. Due on Feb. 1 p.m. 1962 to 1981 cipal and interest inclusive. Prin¬ (F-A) payable Quebec, of the bank mentioned in the loan procedure. Roxboro, Quebec Bond Sale—The $397,000 drain¬ age system and street extension bonds offered on Dec. 27—v. 192, p. 2560—were awarded to a syndi¬ composed of Banque Provin¬ du Canada, Durocher, Rod- cate ciate Health him fine . . checkup? Not for , he knows he's in shape! What he doesn't know is that cancer "silent" stage has tors say curing a before it reveals any symptoms. Bond Sale—An issue of city 8 (EST) on Jan. 24 for the pur¬ chase of $255,000 school bonds. Dated Jan. 1, 1961. Due on Jan. Bond Jan. 10—v. 192, p. 2664—were awarded to on Principal and interest (F-A) pay¬ as 5y2s. from 1962 to $37,000 $1,600,000 offered Due 1969 inclusive. to 6s. Due as receive at all branches in the Province of Minneapolis. Bond 1961 Hilaire Parish School Commis~ of Nesbitt, Thomson & Co., Ltd., Dominion Securities Corp., Ltd., and La Maison Bienvenu, Ltd., at a price of 97.609, a net interest cost of about 6.20%, of courthouse 111,000 St. Village a from Legality Preston, F. and gality approved by Dorsey, Owen, Barber, Marquart & Windhorst, Washington 5y2s. as from group inclusive. Interest $20,000 able 2560—were awarded to 1979 ment by J. 5y4s chase from 1 $131,000 im¬ . Sale—The $103,000 school offered on Dec. 28—v. 192, bonds on Weld approved to Co., Ltd., as price of 94.50. Quebec nard. March The — follows: Bond Clerk, will receive sealed bids until 2 p.m. (CST) on Feb. 2 for the purchase of $135,000 gen¬ eral obligation school building 1961 bonds. Dated March 1, 1961. Jan. 31 for the purchase 1963 to 1981 inclusive. Prin¬ awarded Chateauguay School Commission, District p.m. $500,000 general obligation ju¬ high school building bonds. Dated Feb. 1, 1961. Due on Feb. 1 $440,000 school 15—v. 192, Dec. on & a terest 1 Feb. Village Somerset, Star Joseph Towns Dist. Sale p.m. Longueuil, Quebec School inclusive. Parish, Quebec Bond procedure. from 1974 to 1980 inclusive. Joint Ambroise in¬ re¬ nior in School Commis¬ Sale—The 2276—were p. Due 1981 Principal and payable at the (F-A) Due on Jan. 1 from 1976 ments Offering—Max A. Barczak, County to Credit O. Prairie and St. Boston Catholic bonds offered Due First The branches tioned in the loan of purchase 1 car Dube & Co., Inc., Garneau, Boulanger, Ltd., Gremier, Ruel & Co., Inc., and J. E. Laflamme, Ltd., at a price of 97.18, a net in¬ terest cost of about 6.36%, as on composed 10 J. Selreceive (CST) County (P. Milwaukee), Wis. cipal and interest (F-A) payable at the County Treasurer's office. No. Milwaukee school building bonds offered on Jan 12 was sold to The Invest¬ Corporation of Norfolk, and 7:30 Thiensville Somerset $1,400,000 gen¬ eral obligation bonds offered on Jan. 10—v. 192, p. 2664—were awarded to a group composed of improvement Pro¬ all Banque of $700,000 until 30 Quarles, Sale—The on Bond Sale—An issue of 2.45%. Thiensville. Tacoma, Wash. (PST) Va. the at Principal and interest (F-A) Moore & Co. Manassas), & Jan. on pay¬ Dated Feb. 1, 1961. Due on April 1 from 1962 to 1980 inclusive. Prin¬ 1984 Feb. city the at —v. Bond sealed County (P. O. about $683,000 corporate 1 J. Van Ingen & Wm. Ripley Milwaukee. Other members of the syndicate p.m. able cor¬ 1961 bonds Harriman of of Jan. on 1974 to 1978 inclusive. from 3 sion, Quebec $1,150,000 Offering—Elgine District Clerk, will lew, Feb. 1 on until Principal and interest (F-A) Alymer Jan. 12—v. 192, p. 2560 awarded to a syndicate sealed bids , Feb. 1 on $555,000 Wis. Bond 1 1965 inclusive. 3s. as bids ; Jan. 23 for the purchase bonds. Dated Feb. 1. 1961. Due (P. O. 11040 N. Range Line Road, W. Mequon), Wis. 16— Feb. on on 6s. as 1972 Feb. 1 from 1962 to 1981 inclusive. on cipal and interest Due 5s. ceive William Sale—The basis gen¬ follows: as 4 Bond Sale—The $370,000 school building bonds offered on Jan. 10 —v. 193, p. 152—were awarded to The First National Bank, of St. Joint School District Inc., First National Bank, of Chicago, and Lehman Brothers, at a price of 100.049, a net interest cost of about 3.26%, $885,000 No. sealed of Mequon City, Thiensville Village Co. & Dist. ceive Due 1962 to 1971 inclusive. poration de Prets de Quebec, Os¬ QUEBEC p. 192, p. 2560—were awarded to syndicate headed by Halsey, Stuart Towns (P. O. Baldwin), Wis. improvement 1960, se¬ bonds offered Bros. & Hutzler; R. W. Pressprich & Co.; Hornblower. & Weeks; Blair & Co., Inc.; Hayden, Stone & Co.; Fahnestock & Co.; Anderson & Strudwick; Willis, Kenny & Ayers, Inc.; Ferris & Co.; John Small & Co., Inc.; Davenport & Co.; Dreyfus & Co.; McCormick & Co., and McDonald- Prince School Joint a Wash. Seattle, Sale—The $7,500,000 Bond Bond 1975 to CANADA (EST) Bacon, Whipple & Co., Chapman, Howe & Co., and Mullaney, Wells & Co., as 2V2S, at a price of 100.26, 152—were awarded to McLean & Co., Inc. 193, —v. 224,000 St. 5y>s. as from provement bonds offered on Dec. 27—v. 192, p. 2560—were awarded to a group composed of La Cor¬ Co., Inc., C. F. Childs & Co., Inc., Jan. 12 on Emerald and River offered 7 $173,000 follows: as Alma, Quebec Offering — J. C. Moisan, City Secretary-Treasurer, will re¬ Galle, Rush Eau Arin, porate purpose, series $122,000 school, series A bonds offered Jan. 1, 1973 . members were on mond, composed (P. O. Richmond), Virginia ■" —were Washington Henrico County syndi¬ Bond Village, Baldwin, Ham- La Crosse, Fenner County School Dist. No. (P. O. Tacoma), Wash. District VIRGINIA i Interest WISCONSIN Bond sold Pierce 1,535,000 pal Division, 45 Milk St., Boston, until 2 p.m. (EST) on Jan. 26 for the purchase of $230,000 sewerage system bonds. Dated Feb. 1, 1961. on was follows: as the Paul. & Smith Inc. A. Hational Bank of Boston, Munici¬ Due Pasco 1 bonds offered Wisell, Town Treasurer, will re¬ ceive inclusive. 2000 to Baldwin National 2,225,000 Manchester, Vt. Offering — Harold 1963 inclusive. 1977 to 1961 from Bond of Bond 1, I960. Due on May 1 from Nov. on from 1966 to 1973 inclusive. VERMONT members were July 1 from on inclusive. Kidder, Peabody & Co., R. W. Pressprich & Co., Blunt, Ellis & Simmons, Allan Blair & Co., and the Mil¬ waukee* Company. M-N. Principal and interest (M-N) pay¬ as Bond Offering—Sealed 1976 Baltimore ford, President of the Board of Trustees, will receive sealed bids until May tion of Norfolk. Bond Sale—The Independent Sch. Dist. East to rique & Co., Ltd., Florido Matteau & Fils, Credit Quebec, Inc., and Belanger Inc., at a price of 97.58, a net interest cost of about 6.19%, B men's dormitories bonds. Dated Co., and the Investment Corpora¬ Corp. North purchase of $800,000 series cate Legality approved by Niles, Barton, Yost & Dankmeyer, of & Corp., Texas of Hamilton Securities Co., R. J. Ed¬ B. Trustees, will receive sealed bids until" 11 a.m. (EST) on Jan. 31 for the Bond Sale—An issue of $456,000 school — 3s. Due as Other Va. Myron W. Buckhannon, Bond Offering 3s. Due on July 1,1962. 2%s. Due on July 1 to 1971 inclusive. 1963 1972 Wesleyan College, Virginia Hymes, President of the Board of pank, in Richmond. ... syndicate Other members of the West Merchants and Wythe County (P. O. Wytheville), 1 Due on Dec. 15 1975 inclusive. ; 155,000 as 3%s. ' ' inclusive. to 71975 First the at was as 550,000 Due on Aug. 1, 1960. 1961 National Due on Dec. 15 $330,000 as 4yis. from 1961 from Principal and interest (F-A) pay¬ Hurst-Euless-Bedford Indep. VIRGINIA WEST Dated Aug. 1 as from 3.18%. Bank, in New York City. lok & Fosdick, $105,000 945,000 Doc¬ their chances of cancer are so much better when they have an opportunity to detect it "be¬ fore it talks." That's why it's important for you to have an an¬ nual checkup, no matter cb how well you may feel.^ AMERICAN CANCER SOCIETY