View original document

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